🔴LIVE DAY TRADING | GOLD & NQ | VOLUME + ORDERFLOW | EPISODE 105 | GC / XAU USD - NQ / NASDAQ transcript

Good morning my friends. Welcome back. How are you guys doing today? Welcome back to episode number 20 or 105. Yes. Yes. It's really about that time again. Hope you guys are all doing well. Let's see if we are uh if we're actually live. Let me see. Let me confirm. Are we ready to rock? Let's see. One second. Where's my uh Where's my channel here? Oh, there we go. It should be good. One second. Where's my Where's my channel?

Here. Yeah. Oh, there we go. It should be good. One second. Where's my Where's my channel? Here. Yeah. Oh, there we go. Where's the chat? Should be good. One second. Where's my Where's my channel? Here. Yeah. Oh, there we go. >> Where's the chat? Should be good. One second. Where's my Where's my channel? Here. Yeah. Oh, there we go. >> Where's the chat? Should be good. Let's see if we're ready now. Let's rock my channel here.

Yeah. Oh, there we go. Where's the chat? >> Should be good. Let's see if we're ready now. Let's see. Ready to rock my room here. Yeah. There we go. >> Where's the chat? There we go. Now, let's check. Yes, sir. Welcome back, my friends. Good to see you all. >> There's a chat. Ah, there we go. Now, let's all survive. I hope you guys There we go. Okay. Ah, there we go. Oh [ __ ] Okay. Are we good now? Yeah, we're good now.

Right. Making sure Yeah. Oh man. Yeah. That's what happens when you're not at home. Okay. When you're not at home, you like have to adjust to the technicalities of being traveling. All right. Traveling around. Okay. Anyways, we are uh we are back. I think it's everything is good right now. Let's get the party started here. We have a lot of things to cover. Most importantly, the NFP came out of course on a Friday. gold tanked.

However, I'm more bullish than I am bearish. But yeah, we have to wait for certain like type of confirmations I think for us to get involved. But uh yeah, we have to look at the bigger picture a little bit. Okay, that is the most important layer looking understanding and observing the bigger picture. I think that's going to help us tremendously making sure that we have everything under control here. Okay, let's get the party started.

Let's see who we have with us in the chat today. Whoa, Katie. Yes, it's not my cat, by the way. But anyways, some from the house. Let's see what we have in the chat right now. And then we have to uh have to kick it off. Ah, [snorts] good to see you, my friend. Good to see you, my bro. How are you doing? Yes, you're doing good. Okay, amazing. What's happening? Uh, the silence. Good to see you. Yeah, Hamza, good to see you.

How are you doing, man? Good to see you. Fuji, good to see you. Jasper, [snorts] how are you, man? Legacy Georgina, our moderator is back. Diper is here. Butler is here. Hamza's here. Arena, yes, Leon, good morning, my friend. How you doing, Amir? Okay. All right, beautiful. My friends, let's get the party started. We have a lot of things to cover. It's time for uh some vibes and then we have to get to work, my friends.

It is that time. All right. It is that time. Yes, it is that time. [music] [music] >> Yes, sir. Where's [music] the song? Sorry, that's the song. Heat [music] up here. [music] Heat. Heat. [music] I want you. [music] >> [music] >> Heat. Heat. [music] >> [music] [music] >> All right. Welcome back to another stream. Time to talk about Goldie, Goldie, Goldie. What happened during the NFP? Yes, sir. One of those days, you already know what time it is.

When it comes down to the NFP, it always is a journey. All right. A journey that we have to cover, that we have to discuss. A major sweeper. Yes, sir. A major sweeper came to fruition here. You guys have seen it. That was a big drop, right? A massive drop here. Also looking at the order flow right now at the moment. If you look at the order flow actually, you can actually see very well that we had uh some serious serious rejection here around the uh around the initial push, but then a pretty good recovery as well here.

Let me see if I can fix that real quick. A pretty good solid recovery after all when it comes down to the exo. Okay, look at the order flow. Nothing bad actually if you really think about it. Not that bad. I mean it was pretty good overall but a lot of buyers look at that. A lot of buyers stepped in at the bottom. Okay. And this is one thing that I always look at. Okay. Because we understand that the NFP happens at 8:30 a.m.

EST. Okay. And then there is a 4hour candle that develops in the volume profile or sorry the volume prof in the footprint chart. Okay. The volume profile helps us understanding where the most volume was traded, but also the footprint can do that. And look at that right here. 95,000 contracts were executed on a Friday morning, New York time. Okay, 95,000 contracts. That's a lot of contracts. Okay, right here, 95,000 contracts executed.

Most of that volume inside of this whole candle was traded at the bottom. Okay, the bottom of that candle right there. All right, 7.9 8.3 Okay, 6.8 6.9 contracts executed right there. So most of that accumulated volume inside of the whole candle has been traded right there. Okay, do take in consideration that this is the ultimate signal of potential support. Okay, I just want to clarify that this could turn into potential support right around there.

So if price decides to drop, okay, then take that in account right there. Okay, the 7.9 and the 8.3 and the 6.8 and the 6.9. This is where most of the volume has been actually executed inside of that uh of that candle. Now this is for us super key, super important to take in consideration because if you understand the higher time frame on gold, okay, you go to the daily then I hope you guys can see and understand as well that we are tapping into what we call a daily fresh demon zone right here.

Okay, we have an push down. We have an area of the month right there and then we have a major push up. So we call it a dropped a base and a rally right there. Okay, a drop base rally right there. So this is the daily time frame and as you guys can see we actually already tapped into the month. Okay, this is where these buyers stepped in. This is where actually that volume came in the moment we tapped into the month. So initially we tapped into uh another zone, we then bounced from the zone and this is where we found that support.

So in in generally speaking that NFP push to the downside seems more okay right now at the moment to be some sort of sweeper rather than it being a real bearish confirmation if that makes sense. Okay. So I hope that that is something that you guys can take in account right there. Okay. that it's more or less a sweeper rather than it being potentially a uh what we call [music] how do you say that a um a bearish confirmation.

All right. So in essence I prefer to look for the bullish confirmations in this market rather than the bearish confirmations knowing that we have the higher time frame again with us right now at this current moment. Okay, [music] so hope that makes sense. Uh let me know what you guys think about this right now. Okay, let me know if you guys agree. [music] But I think this is definitely something that we want to take in account right now at this current moment.

Okay, very important. Higher time frame order flow all these things do matter a lot. Okay, when it comes into permission here, really try to avoid sitting and being obsessed with the lower time frame, especially when there is news involved and especially when the news is is just so critical and when there is a lot of volume traded. Okay, the best thing that you can do when you trade orderflow and you understand orderflow very well is that you analyze the high volume event.

So you do that by measuring the volume of that event in a 4hour contact. So in a 4hour window [music] and you can see that that 4hour candle shows us that the most volume has been traded at the bottom. And because we're trading above that volume, we should be more bullish than bearish. Now that aligns with the higher time frame technicals. understand that we're bouncing from higher time frame to month. And on the lower time frame right there, you can actually see that we actually just took out all those lows, okay?

And left all those highs open, too. So, I think we need to set in some sort of bottom wick maybe today, right? Or maybe at the early early week of um yeah, of this first week right now at the moment. And the main reason why is because keep in mind the weekly candle has still opened. Okay, the weekly candle has just opened up. Usually when a weekly candle opens up, what do you do? You create some sort of bottom wick. Okay, you create some sort of bottom wick.

So, I would not be surprised if this session we try to come down, but only to set some sort of bottom wick for the next coming days ahead of us right here. So, that's what I'm aiming for, and I hope we do. Okay, I hope we can come down right there and set this some sort of wick and do whatever we can in order to potentially get there. Okay, now at the same time though, we do have to deal with a bank holiday. Okay, as you guys can see that right there, we do have a bank holiday.

Uh Canada right here, the United States. Okay, a nice Labor Day right there. Okay, we do have to take that in account. All right, we have a Labor Day coming or I mean for the New York session. So the volume might be a little bit low again unfortunately but that is just the truth of the matter something to take in account. Okay hope that makes sense. So for now we are extremely aware of these scenarios. But uh yeah what I prefer to see today right now is price coming back down hopefully to set in some sort of bottom wick uh getting rejected at uh any of those areas right here and then hopefully finding support and preferably inside of that zone.

Okay. So if price is here I am very tempted to look for potential buys. Now how does it look like from this perspective? If you take the volume profile right here and we take it to the top. Okay, what I will be looking for is the potential low volume note. Sorry, not low volume note. Uh value area low of the swing. Okay, that is a level that seems to be aligning very well. I just want to make sure that you guys are aware of that.

The value area low of the swing of the new candle. Okay, of the pullback at least because this is where buyers came in. So the 449 is a level I'm watching right now. If the 449 decides to react bullish or we hold or we see some sort of confirmation there, uh yeah, then I'm willing to potentially go going to buy around that level, I guess. And hopefully we can drop into that level. And then what we want to see also is some sort of undervaluation as well against the dollar.

Okay, if you can combine it with an undervaluation against dollar, I think we have a pretty good solid uh confirmation or at least something that we're looking for hopefully looking at that area. Okay, another thing that you can do if you really want to wait for confirmation in my opinion is the following. Uh we want to simply wait for price to drop right here lower. Uh tap into this area, take out those lows. Uh see some consolidation happening. uh let the point of control from today move down break back above and then whoop try to break out right there something like that as well is what I would be looking for depending on the market okay so yes I would not be surprised if price would drop now but the question is where do we find support [music] and will that be around the value area low at 449 or do we have to come down a little bit lower okay to see that right now it's happening now I'm happy to see it.

I'm happy to see it because we want to come down into this zone and prefer to tap into this green box and uh yeah, the earlier in my opinion, the better it's going to be. Okay, the earlier it is, the better it's going to be. Us getting down towards this area is in my opinion exactly what we want to see. uh dropping lower. Okay, dropping down towards uh any of those levels and hopefully we can get ourselves into a nice uh setup here.

Keep in mind we have a gap as well, okay, on the 4 hour that gap is there [snorts] uh to take in account uh as well. I think we have a lot of uh a lot of things to cover based around this metric here. So yeah, let's see what happens. But the most important thing right now to me and this will always be the case. Wow, this is happening fast by the way. That's insane. Is us getting towards this area. Okay. Tapping actually inside of the zone and then pretty much go from there.

Okay. Yes. All right. Can we tap into this area right now? Wow, that's quick. That is fast. That is indeed fast. Wow. That is very fast. Okay. So, what we're going to do is we're going to keep a very close eye on the open of today. So, we take the the volume puff from the open to the close. The point of control is obviously higher now. It has to be, if I'm not mistaken. Let it load real quick. Let's see if it works. Yeah, look at that.

The point of control is sitting right there at 4426. Okay, that is where the coron is sitting right now. What we want to see is a little bit more bullish. Um, sorry, more consolidation at the bottom. So, the point of control after they moves down. All right, because if you then can break above that, that would be actually very good. Then we could potentially say, okay, we can break back above maybe even the VWAP or whatever the case may be.

Let's see. But for now, we're breaking now. We're in that zone. This actually super important moment for gold right here. Look at that. We're in this area right now. Okay, we're in that area. We're literally there. Ooh, we're in our level. That was quick. Wow, that was quick. Is it worth entering? No, we have to wait a little bit. Thank you. >> Wow. Look at the reaction though, right? It's very low of that swing. It was a kind kind of an expected reaction to be honest.

Okay, that was an expected reaction especially in combination with what's happening here. So, let's watch the 15 minute right now. All that selling yesterday or Friday. Look at that. All those bubbles, all that volume. Keep in mind, we're not going to neglect that. We're not going to put it aside. This is where we are literally reacting from right now. Look at that. Look at the flip. The candle flipping bullish on the 15-minute.

The session VWAP is right here. If we can break back above that, I am buying. Oo, look at that. Can this be some sort of um manipulation in the early morning of Asia? >> That is the question. The reaction is expected from the very low. That is not a surprise because it aligns with obviously the other layers right here. Okay, it aligns with this major level on the 4 hour that we talked about this area, the NFP point of control, but we really need to see price closing above the initial sellers of today and preferably above the VWAP.

That would be actually really good. This will be called this we call a CV play. People are anticipating the sweep in the chat. Maybe the sweep of the lows again. Is that what you guys are aiming for? Let me know. >> Keep in mind we have these buyers sitting right here. >> Okay. We have also a lot of a lot of sellers that stepped in here that are now stuck in their trade right at the bottom. When the selling volume is at the top, usually that will act as major resistance later on.

In this case, the selling is at the bottom. Okay. So, what happened was with this NFP, a lot of people tried to sell somehow for some reason at the bottom of the candle. Okay, not at the top, but at the bottom. I wonder why. Why were people so hungry to sell at the bottom on a Friday? It's very interesting interesting to take in account. Okay. Why not selling at the top? Why selling at the bottom? Right. So, these sellers are stuck.

Okay. Now, we're trading above that. Keep that in mind. We're trading above that for now. Okay. Do you still trade sir even holiday? Well, if there is volume and if there is a setup then I traded. Yes. And there is volume. Now we're waiting for the setup. So far the swing very low is getting respected. And at the 4hour zone right here >> is reacting >> specifically the point of control for 4 hour. We're seeing a bit of an absorption right now, right?

Because there's a lot of selling at the moment. Let's go to the five minute. What would be confirmation? I would wait for price to retrace a little bit higher. Don't rush it to trades. >> LMD says if it will sweep the lows, it will change the bias. Yeah. Well, especially if you close a 4hour candle below here, >> it will definitely do something. It will definitely change the dynamic a little bit. Yeah. But for now, >> we need to observe this. >> Everyone is in short buys today.

That's That's interesting. >> Targeting the lows. I think everyone is aiming for those lows. Too much. >> Yeah, we have a couple of levels of course to pay attention to from also the previous week. This is also another thing that we actually had to discuss. Let's see if it loads. No more lagging, right? I think the stream is good now. Correct. I restarted it quickly. I think it's much better now. Yeah. Where is it? Right indeed below those lows.

You are correct. Actually, guys, if there there is one more zone that is sitting right there, there is a level around that area at the 60s. It's true. It's true. You are correct. But uh yeah, we have to observe that 4hour candle right now and the reaction here. So a lot of selling happening on the 15, that's for sure. Same for the hourly candle. You can see it right there. Right. This was the NFP candle. So, this was the hourly candle of the NFP right here.

And if you look at this candle right there, um, right here, then you do indeed have the most volume traded there. That's what we're trying to break. Yeah, watch what happens. Even if price comes lower, I'm very curious to see what the chat is saying here like right now at the moment. Are you guys bearish? If you would break the low, would you guys be bearish for the week or do you guys see this more I'm very curious in your opinion.

Do you guys see this more as a low of the week type of scenario where we set in a low for the rest of the week? Or do you guys see this as a bearish confirmation for a reversal? So that means continuation of bearish momentum. Let me know. Very curious your opinion. bearish for the whole week. Okay, Roblox Trader says bearish for the whole week. Nate says bearish all week. AIM says bull to 4700. Ivan says bearish. Bearish.

Okay, retest 440. He hit previous weekly lows and then reversal or continuation. Just curious to what you guys are looking at. >> Okay. Now thank you for confirmation for you are your opinion. I think it's important to look at the chat but for me personally okay I think that we are setting up some sort of bottom early in the week this is what I'm kind of aiming for right now at the moment some sort of bottom early in the week. potentially setting in for some sort of reversal later on because the fact that we had just so many more yeah confirmation sitting at the bottom here.

Okay, specifically uh this area. Okay, the 4350ish uh it's a very important level, very important zone to take in in consideration right now to moment and uh it is Monday, right? We see an aggressive dump on a Monday right now to moment. Uh I mean there are many many signals that could potentially give us the confirmation that we're not there yet. And at this moment the month is still on control. I mean higher time in the month is still right right there.

Okay. So I'm really trying to take this opportunity to see if there is a chance of uh of buys. uh but later on at a level of interest. Okay, so we have to take that in account. That's what I personally want to willing to do to really look at this area right here and really see how that uh how that will react here. Clearly, we do indeed want to take out lows. Like I said, there is a level below. Okay. Uh, BA says, "I sent an hour ago.

Been watching your videos, reading your books the whole weekend." Nice. >> Nice. Yo, someone back tested your strategy. Uh, send the link in Discord. Okay. Is there video of it or what? >> Oh, he actually he actually tested it. Okay. Curious. Let's see what what happens here while we're waiting for price to reach our support. Okay. Keep in mind we're trading specific setups right here that we are looking for in the markets.

These are proven setups, but let's see what this guy says. Is he a hater or is he a reactor? Let's see what he says that most traders overlook. First, open a gold chart in your trading view. Now, here is where it gets interesting. Open a second chart and type in the dollar index. Why? Because gold and a dollar index often move in opposite directions. Next, open this indicator and add the correlation coefficient to your gold chart and link it to the dollar index.

You see this blue line and if it's below zero, that means they're negatively correlated at this current moment. Understanding correlation is something most traders ignore and it cost them a lot of losing tra. So, let's say gold is stepping into a key supply zone and that negative correlation is confirmed. Now, you can go to the chart of the dollar index to see if it's reacting from a strong demand zone. And if it's not there yet, then that's your signal to wait.

But once the dollar is holding that demand, gold is still sitting in supply. This is where >> guys, you know the drill. Let's try to automate this strategy and let's see what kind of results we can achieve. I asked AI to send me the code of this strategy and it sent me a pine script file with around 200 lines of code. I put this in my pine editor on trading view and now I'm about to launch a back test to see what kind of results we can achieve on gold.

Back test is now over. We back tested this over the last 20 months and we achieved 50% of return with a draw down of 10.35% and a win rate of around 18% with a profit factor of 1.40. Overall, I think this is a great strategy. If you want to receive the source code for completely free, just comment I'll go down below and I'll send it to your DMs. >> Okay. All right. Well, clearly this is automated, so there are no nuances brought in, no confirmations, no system.

But good for him. Good for him. All right. >> Well, thank you for sharing that. >> Okay. >> His AI strategy tested the tested that I guess. >> All right. Hello, Angelo. Can you talk about gains ago? Is it reliable? Never heard of it. Never heard [music] of it. Never have heard of it. Okay. Never heard of it. Yeah. I mean you know I would never be able to personally uh take one confirmation and utilize my whole strategy around that.

So if that is already profitable um you know what if you just add in a whole system to it where you have a process but this of course where the manual manual work comes in this is something that's extremely hard to automate I guess. So yeah makes sense makes sense. Yeah. Okay. >> Yeah, I should actually do more more more shorts again. That's true. >> Definitely. Okay. So, anyways, what what are we looking at right now?

What are we waiting for? Just very important. Right now, we're seeing the market is selling off to me. Early Monday, right? That is not really for now a confirmation for me to short it. Uh and then just targeting the lows. You know, sometimes it can work. I'm not saying it will not work. I think some of you guys are short for the right reasons. Okay. So, I think that if you are in a short for for a certain reason, I don't think you're uh necessarily in a bad spot right now at the moment or you know uh in a wrong you made a wrong decision.

I think you did you did good. Most importantly though, according to the playbook setups that we're looking for, all right, there are a couple of scenarios that we really want to see happening right now at the moment. And sometimes on a Monday, it is important to let price develop a little bit, okay? Because it sets up for some incredible setups uh for the rest of the week. Okay. Now, at this current moment, we had the NFP um and now we're kind of selling off from a larger kind of range, okay, that we created right now at this current moment.

So what I want to watch is how quickly can we get towards those lows or those next areas of the month sitting number one at around this area right here. Okay, predominantly the 73 I guess that is our next zone. Why is it our next level? That's the previous weekly value area low. And if you want to sweep the lows amazing but the question is if we do sweep the lows here. Okay, what happens after that? Because if we do sweep the lows and we come we come back and we kind of reclaim quote unquote uh this area.

So we break down, we reclaim the very low whatever we pull back, we found support area. Yeah. Then it leaves us for a retrace with the gum and I would not be surprised if something like that would actually happen. Okay. And that's not just because we take out the previous daily lows or the previous uh yeah weekly lows. It is also or sorry not the previous weeks, the previous daily lows. Um it is also the fact that we then break back above the value area low of the previous week and we tap into a lower volume area sitting right at the bottom right here as well.

A low volume note right there. Okay. So if price decides to take out the lows then the question is okay well is that then enough for us to potentially then pull back towards the Sunday open right the opening of the week the opening of the day and uh this area right here. Okay so that's a level to watch 100% the 44373 aka the previous weekly value area low. Okay, so we are in a weekly range. You have to take that in consideration.

If you mark out the overall market here, you can actually see that in general looking at the market right now at the moment, this is the open of previous week. This is the close of the previous week, right? The open was at 44 [music] uh 42 and we closed the market at 4431. So, we actually never really broke out of the value area of um of the previous week right here. You see that we're literally in the value area of last week and we're kind of currently still operating inside of it.

So if we do get out of it and we try to but we reclaim it and we manipulate out of it but we then come back into it means we're not getting accepted outside of the value area of the previous week. Okay. Now if that's the case there are opportunities there are long opportunities to work with. Why? Because you you see a filled breakout. All right. The volume might slow down when we break out. Right? We sweep the previous daily lows.

There is no continuation volume. Okay. And price sweeps straight back into the range of the previous week which then sets us up for uh long confirmations inside of it. And that means that the weekly candle has set in the bottom week on a Monday. So that to me is extremely important to watch. Okay. And we call that obviously uh the following setup here. We have a certain name for that setup. It's not uh nothing random.

Okay. We call that oh the range manipulation setup. Okay. The range manipulation setup right here. All right. Range manipulation waiting for price to fill or break out of a value area. Okay. To then reclaim it again. So it's pretty much a breakout fil manipulation and then a retracement right there. Okay. Something like that is what I would be looking for. Okay. But be keep in mind that if that if that happens then of course you have the best possible uh scenario for a reaction.

Okay. And even if the reversal is not there. So even if it's not a complete reversal like a complete bottom of the week it still tends to give us these pullbacks anyways. Yeah. Yes. It still tends to give us certain certain pullbacks [music] or whatever the case may be. That's not manipulation. That's a liquidity sweep. Sure. taking out the lows the previous day liquidity sweep. Okay, but we call that the range manipulation.

Okay, why? Because it will induce a lot of people here also to re-enter, reparticipate [music] in the market. I don't think there are people hunting for the stop losses or whatever the case may be. What I just think is that there is more participation around certain levels and that means that if you know if you can confirm that at certain levels there is more participation by default. Um then it is also for us an opportunity to get involved as well.

All right, that would be something I'll be looking at. But yeah, let's see if we can get there. Number one, we keep using the VIP puff of the current day and moving this area. And if the point of control at some point in time sweeps lower, [snorts] the reversal might come a little bit sooner than we uh than we expect already. Okay? But I'm not necessarily bearish, guys. This is all I want to say here. Um I'm not necessarily bearish until we actually proper close below the 70s um with with strength, with volume and conviction.

Because otherwise we can just pretty much stay in the range of the previous week in the value area and just hold on to the value area and come back into it and and not really necessarily break out. Lorenza, do you trade meme coins? Uh, no. I do not trade meme coins. It's there is probably some sort of, you know, variance and skill behind it on how to spot those. Uh, it's not my piece of cake though. It is not my piece of cake.

It is not my piece of cake. Yes. Kira says, "The worst trader as a YouTuber, the worst uh profitable trader, >> would you say? >> Can't you use AI to trade?" I could use AI, >> uh, but I don't need to. >> I don't necessarily need to. All right, we're still in our zone. All right, we're seeing it happening in real time. We literally tap into that box into our zone here. What else do you trade other than gold? I only trade gold right now at the moment.

Nothing else. Don't try to distract myself. really trying to master um one um one instrument, right? I think that is for me now the stage where I'm at the best thing to really master. And also keep in mind that Q4 is going to be incredible. Q4 to me is going to be an hopefully incredible month, incredible quarter for me personally to make a bunch of money as well. Q1 are usually the best months the best months for gold.

So, I really want to focus and set this ready for for what's coming because the the [music] more we prepare for the good times in the bad times, the better it's going to be. And I don't think that our bad times were necessarily bad times because we grew our account with over uh 400%. >> And my large account with over 20% in the summer. So, right now what we're trying to do is uh just set everything ready for the for the winter months, the best months for gold.

All right, this is the first time real time and we see a lot of selling at the bottom. No reward whatsoever. [snorts] All that's selling here in the previous five minute candle is right there, right there, right there, right there. And then boom, a push back. VWAP is sitting at 4456 of futures. So this is this is what I was kind of kind of waiting for, you know, like waiting for some sort of bottom wicking set on the weekly.

But we have no confirmation yet that this is the actual reversal. What needs to happen is that we need to break back above the um VWAP. We're not far from it. And you can still get rejected from it by the way. So it's not a reversal signal completely. Yeah, we do have that level. And keep in mind, where are we reacting from? Why why are we reacting exactly from this zone right here? You see that? I've marked out this zone.

You see that right there? Why that zone daily the month? Okay, that is a daily area of the month right there that we have marked out sitting right here. That is where we tapped into pretty much. So, we're still at the month. Last time a lot of buyers stepped in at the month. So, that's why. Okay. But the value area is still sitting above. We're still um seeing most of the volume being traded above as well. So, you can see that there is no um daily flip yet or reversal yet, but it's it is a beginning.

All right, it is a beginning. A lot of people were selling. I wonder um if they're still in their cell or if they exited their cell or if they are going to hold their cell. But, uh, we're kind of looking at the >> the reverses here, but the VWAP is still there. We're still below the VWAP. [snorts] Pep and Dips has secured 300 pips. Congratulations, man. We want to have as many uh profitable traders in this chat as possible.

And honestly, I respect everyone's strategy. Like um you know, when I started trading, >> I was like super immature, you know, also on the on Instagram and things like that. And I was beefing with other YouTubers when I started out like thinking it was cool, right? My strategy is better than your strategy. Like like super [ __ ] from my perspective, right? From my behavior. And um you know now that I'm in this space for a long period of time and I've been trading for so long um I came to the conclusion that that you know it's all a waste of time.

You should just focus on yourself and uh on your strategy and what works for you and let everyone in peace and have zero ego when it comes down to trading because trading is a hard game, man. And you have to respect everyone's decisions. And uh for me it's it's just super important right now. I'm at a stage in my career now where I I really need to stick to my proven trading setups. It's the only thing that I trust that I know that I trust that I've tested enough to say this works and uh grow my accounts this way, right?

And then of course show my results transparently, making sure that you guys are aware of the results as well and everything, right? So, it's everything everything is hopefully from their perspective transparent. But most importantly, I learned the hard way. I learned the wrong way, right? Kind of stepping away from this whole influence your game trying to be cool and hating on uh on ICT strategies, whatever the whatever it is.

Just do what you do best. All right, we'll close this candle soon. And then if we close above this hour hourly high by the way um there is actually just a big chance that we're going to buy here because >> there are too many sellers right now getting not rewarded for their for their uh input. >> And it simply means that there is so much selling happening here right now in this hourly candle. And what happens is maybe they were indeed like you said before targeting those lows, right?

Anticipating the manipulation or the the sorry the liquidity sweep shorting into it and then the candle flips bullish, right? And then what now the sellers are stuck and that provides us with trading setups as well here. So I think paces is so important today especially on a Monday. Listen up. All right, we're getting accepted also in the V area again of today. Man, what I really would love to see is the point of control moving down. and and then break above the VWAP.

Then I'm buying like buying buying buying buying because that means that we are pretty much uh breaking above today's volume and the VWAP and then [music] it's a pretty no-brainer that we're going to try to set in the highs or run for those highs again. That would be big. That would be big knowing that the sellers filled at the bottom in daily demand. Chasing coconut radio where I am. also violence. I cannot follow you guys.

Uh nothing for now, right? Nothing for now. I'm just waiting for the confirmation. This is the thing that I that I had to learn really from my perspective right here is uh sitting on my hands sometimes again >> and just waiting to see what the mark can give me right now. That's something specifically that I'm looking for. >> Um when I started trading I felt that I always had to be involved right now. There must be something now.

Like look at the candle. It's moving up. So, you know, I need [music] to be in or it was moving down here, so I had to be in. But that's that's for me not not the way to trade anymore. It took me a long time to understand that. Beautiful though. Like the this is what I want to see though. This is exactly what I want to see as a start right here. I want to see this happening. um induce people to go short, failing and being stuck now at the bottom.

How many trades you take a week? It depends. Sometimes we're in a trade like in literally 10 minutes, five minutes in into the stream. Other days we're living sitting on our hands waiting patiently for a setup. to occur. So it depends a bit on the situation. [snorts] Keep in mind even for long like we're still below the VWAP right now, right? We're still below it. You do seem to favor longs though. Yeah, 100%. I I do seem to favor longs.

Correct. I do seem to favor longs because they're selling sellers are not getting rewarded for their efforts at all. So, I'm definitely seem to favor longs. Yes. Especially if you close above that in 3 minutes. >> This can also easily be just what we call an um an CME play, right? The range manipulation play. We're dealing with a bigger range right here. you have to break out of the range. You kind of reclaim the value area of that.

So that means that you would be breaking coming inside of it and and you pretty much go for the highs. The 4450 [snorts] also a range manipulation play or a CE reversal. We call that Yeah, keep in mind this is pretty normal right now. If you look at the open of the of today, we had a range, we broke down um at 9. This is usually where the volume kicks in, right? And we set in a bottom and now a lot of people more people sold actually at the bottom than we saw we saw people selling there.

So if you then reclaim the VWAP, you break above this um what we call low volume note. Okay, right here. or above the even the Sunday open, you just have very clean traction back to the highs. >> So, I think the last thing that I'm waiting for is the hourly closure and then we should know what um we'll probably see the confirmation there. What is the settings on the VWAP? I mean, I don't really always look at the VWAP on the Trading View chart, but in this case, I use close.

Some people use the high, low, close, three. It's pretty It's pretty much the same. It's pretty much the same. What are you going to do with the bank holiday today? I mean, um, if there's no vine, there's no vine, right? So, that's pretty straightforward. I'm not I'm not I'm not I'm Is there usually a lot of volume in New York with the bank holiday? Now, that's what I'm saying, right? The New York bank holiday is usually indeed lower volume, but you never know.

You never know. Adar, sir, after losing 400 accounts when I switched to your strategy, I passed both first and second. Thank you for teaching us. Wow. Amazing, Adar. Congratulations, man. Now it's about following through. Right now it's about really following through. Making sure that you don't get too excited. All right. So take it easy with your with your funded account, I would say. And wait patiently for the right setups.

And congratulations, man. It's good to hear. Yeah, conclusion is uh right now hourly candle is going to close very soon. We have 12 minutes left. 8:45 471 595501 535 382 minus 488 delta negative. There is a lot of selling at the bottom. a lot more selling than I'm buying at on at the bottom of this hourly candle. The candle is going to close above those sellers most likely. Let's see what [music] happens. Okay. Yeah, it's a serious absorption there on the 1 hour.

What is the number one skill set for a trader? um knowing when not to trade. I think because most people that hop into trades all the time are actually also the ones that are not profitable. Like if you look at yourself and say I I might take 40 trades a day, but am I profitable? Not really. Then it's just a waste of time, isn't it? Right? It's a waste of time, right? And you can say, "Oh, I made 300 pips." Yeah, but what did you made last month, over the month, over the week, over the quarter, right?

What is like the result net result after that time period? It's not a game. Trading is not a game, okay? It's not an it's not like gambling. It's not where you have fun, you know, doing some sports batting here and there, right? Or some whatever blackjack. Now, it's a serious profession and the goal is to make money by the end of the month. Not every day, not every week, but hopefully every month. This is why I stopped promoting brokers as well or anything like that because I realized there's just a big too much of a of a conflict of interest there, you know, because it invites people to trade more and it just goes against my principles now a little bit more.

So, I'm like, you know what? That does that's not really going to do it for me promoting any brokers or whatever. Even though I could make so much money promoting brokers, you have no idea what I've been offered. You have no idea what I've been offered. Crazy numbers. Um, I'm just going to set in a level though right now at the moment. Just making sure. Oh, why is not [music] What was happening here? Uh, oh, there we go.

Vap right there. There we go. Yes, sir. Okay. That's That's big. That's big. That's big. PC has shifted to the downside. All right, we're reclaiming the VWAP and the hourly candle is going to close very soon in 8 minutes from now. Um, that is big. That is big. We're closed above the sellers. Above the sellers and above the sellers. Now, this is big. Sellers are all trapped. The point of control is shifting. We're closing above the VWAP.

The hourly candle close going to close in 8 minutes. Okay, we're getting there. We're getting there. Border control is now below. It was always above that. It has shifted to the downside because the volume is increasing at the bottom. Pretty much all the sellers in the chat are now um nonexistent. I'm not saying that's to be mean. I'm just saying this from like our perspective right now, right? From like a sentiment perspective.

The sentiment has shifted because we were really bearish at the beginning of this of this stream. Remember guys, in terms of uh the chat, very bearish, continuously bearish until the lows and most of you guys bearish for the whole week. Right? Most of you guys were bearish for the whole week. At this moment though, we're seeing a little bit of a shift happening. seller stepped in, filled closing above it. By shifting down, closing above the VWAP.

I really candle is going to open up very soon. Bottom wick is going to um is going to close or is going to be opening soon as well. And then I think it is about time to uh to buy Oh. Uh, what are you meant? Yeah, looking for the highs, of course. Let's mark out the PC here. Go to futures real quick and do the same thing. I'm still waiting for the futures reverser, too. Sir, there's one more thing to mention. The salt valuation index you provided me.

Thank you for so much for giving it. No worries, my friend. Yes, indeed it was right here. Uh hourly candle is going to close soon though. 3 minutes 45 seconds. It's a huge wick right on the hourly right here. [snorts] Da da da. Uh what Fabio Valentini would do right now, he would actually wait until this high gets taken out and then he would buy. I'm a bit more aggressive sometimes waiting for the hourly closure depending on the VWAP.

Waiting for price to um close the hourly set in a bottom wick tap into the sellers and then maybe go for the run because of the fact that we are breaking above H almost. I'll be a bit more aggressive though. Lorenzo, how long have you been trading the Voine profile? Uh, since I started on YouTube already. Long time ago. [snorts] Before the hype, that's for sure. And you guys can confirm it. Way before the volume profile hype came along.

That's for sure. Way before. [music] Still rejection though. We still can't seem to break above the VWAP right there. We're paying. We really We're really trying to, but we're not doing it yet. So, keep in mind. Not doing it yet. We have all the sellers here. like a strong closure above this and and and it's by by I that's exactly what I want to see a strong closure above this high and I want to buy and when I say this high I mean of course um the 62 futures which is them what [music] I think the 15 or 16 And the reason why I don't want to sell even though it might rejector is because there are just too many sellers stuck in a [music] trade here at the bottom from that um fake push to the downside.

So yeah, I'm really waiting for something like this now. Um, if this happens and then I will be darting the the 50s, at least the 50s right there and really watch this area right here, specifically here. I know there's a low volume note here. So that's kind of why I'm want to see that break strong break with volume. Well says orderflow is going to be the next retool trap. What do you say? I mean, it's very tough to say that because it's actually just looking at market participators at the top or bottom of or certain levels, errors of interest.

It's just basic market mechanics. It's really I mean it's just volume. I mean the volume profile, right? It's just executed orders in the marketplace. So it's it's hard to go against that. It's hard to manipulate volume. Um so I would not say necessarily that that is a correct correct statement. It's just additional information like I know orderflow traders that are uh not profitable [music] for example right so it's not not that orderflow is a secret sauce or of everything it's [music] just uh additional context yeah we did close below.

It's unfortunate we have the chance to close above it. Yeah. [clears throat] Yeah, if we can close above this area here, I'm I'll be I will be more I'm more than happy to see what we can do. But um we did not we did not close above it yet. Ra Joe, hey Lorenzo, would you buy me a 6K fun next challenge, please? I did that before for someone when someone asked me that in the chat and then I got 200 messages in my DMs and then my IG got blocked for a couple days.

So I'm trying to trying to be careful even I would love to you know All right, we're in the sellers now. Should see a reaction here if we then break the highs and break a close buff to VWAP. Yeah, I'm buying this kind of the last sell selling point I think where sellers took control today. So this was that level. We have that level right there. And we had we have a bunch of sellers at the bottom. [snorts] We failed to close below or above the final boss which is that initial break.

If we can do that, uh I am I am more content to buy because we know that we have pretty much every level of selling behind us of today. [snorts] We close above the VWAP 2 and the hourly candle has just opened up, right? So we could easily be setting in another bottom wick right now. right here on the 1 hour candle. So, Uh, can you get me a V um volume proof settings? Yes. 12870. Some people say no, you need to use the 1,000 or the,300.

I mean, it doesn't really matter. Like, look at the difference. like doesn't really matter, but the value area being at 70 does matter. 70%. Uh what is it level? The level is at 49. Yeah, 49. Watching this very carefully. We have a low volume load there, but we also have a low note there. I mean, you have two of them. I think the context is much more important. We watch the vo profile now carefully and uh wait for uh the VWAP confirmation. >> What would be the buy?

The buy would be a 15-minute closure above this high right there. In [music] my opinion, we failed to do it last time. We're very close. So, we could pull back again. Until then, I would not be buying. ASD. I'm done for the day at 6K on gold shorts, long up on oil, 3K so far on oil. Congrats, my friend. Beautiful. Dollar is flying. It is flying. Dollar is flying, but gold is not really dropping as hard as the dollar is flying.

Something is up here. >> [music] >> Pin says you missed three good trades. Okay. The thing is, my friend, I don't think that people really understand what that what trading is, what it actually means. You can say I missed three good trades, but to be honest, if you talk about this move down, this move up, and now this move down, like to me, that's not what I'm looking for. So, let's educate [music] the the guys again.

Let's do that. if you want to listen. If you don't want to listen, it's okay, too. But I look at setups, proven setups to me that I know work for me. These are all [music] the setups. I've written out every bullet point, every rule of each setup. I have the statistics of each setup, the sequence of it, the context of it, and everything I need to know personally to get involved. Yeah, that's the only thing that I need pretty much.

Okay. So, I don't care really about the market movements. Oh, the candle moved 200 pips, so you missed out. Or it moved up a pip, so you missed out. I don't really care about that. I care about the process. Okay? >> Just care about my process and that's what I would be looking for personally. And that's how I've been growing my account, for example. Yes. So trying to personally get rid of the of like of you know you miss out on marker movement versus you know waiting for the setup that you care that you care about.

Yeah. That's just a different mentality, I guess. Different different way of understanding the markets, I guess. And sometimes, yes, sometimes I don't get what I want to see and then I don't take a trade. And I'm [music] completely cool with that as well. By the way, no problem for me. >> [sighs] >> And especially when you stream live, you know, a lot of people want to see action all the time. Action, action, action, action.

I totally get that cuz it's fun, right? But training can also be very boring. [laughter] I'm just being honest. Trading can be boring as [ __ ] as well. Trading can be boring, too. Sorry for that. Just add it to my long stopless below the M5. Okay. Good luck, my friend. Good luck. Good luck. So, the Audi has opened up what, like 30 minutes ago. Yes. Okay. Let's see if those sellers are willing to um follow through here or not.

Because if not, then um and this is going to flip bullish again and we close above those highs. I am buying Iron buy. That's the last final confirmation that I want to see. Uh reclaimable actual close above the Viva pretty much. Yeah, sellers there, sellers there. If we see more sellers stepping in right now, we close above that. Amazing. [music] If not, it's okay. Ham says, "I think it will go down according to the market structure.

Take out the lows then move up." Okay. Hman says, "What are you doing right now? You need to wait for the sub that convinces you." Yes, exactly. I agree. Only 42 likes. We can do better than that. I don't think we have 42 likes. I mean, I hope not. Oh, I hope we don't have uh, you know, 42 likes. That will be uh that's not a good sign. That would not be a good time, my friends. There be a good set. >> [snorts] >> Exactly.

Especially look at the dollar. The dollar is also pushing. But why is gold now pushing down? Where's it? Do you know Fabio Valentelli? Uh, yes. >> Yeah, of course. I mean, Fabio would not he would not he would he would not be as aggressive as I would be with longs. Also, Fabio, I think he would stay out of the market right now. He would wait for the very high to be broken here and then look for longs. I guarantee you, he would wait for this high to be broken and then look for longs, right? right here to break out.

That's what he would do right there. I would wait for the high to be clo to be broken right there and 50-minute candle above that and buy as well but a bit lower for me. That that seems to be working. >> Come on. Push it higher. Well, yes, exactly. After trading, you will be surfing on Kouta Beach. No, I will not be surfing on Kouta Beach. I don't live in Kouta. Too far away for me. If I'm in the gym, still waiting for that fight.

Still waiting. Going to make some freaking noise if nothing happens. Yeah, you have to you have to grab the attention because if you don't get your fight, you have to make it work. You have to >> you have to make it happen to make some noise. Okay, why did we bounce here? Well, we bounced here because we tapped into the sellers. You see that? Seller one, seller two, [music] seller three. Can push it down a bit more, but there's a lot of selling at the bottom on the hourly.

Okay. And we're tapping into those sellers like we said before. That's why I don't want to sell because there are too many sellers stuck in their short at the bottom but at the same time we we we kind of fail to break the VWAP. So if we do break above the VWAP, um it is pretty uh it's a pretty good confirmation. So in case you're wondering why I'm not looking for selling because there are too many sellers that failed and I don't want to be part of those sellers that filled previously if that makes sense.

So in order to buy we need to close about the VWAP at least which is also a good confirmation because that means that we're pretty much above these I mean we reclaimed pretty much the initial drop right [music] we completely reclaimed where the drop came from. And obviously the strong buys are above the value or high of today to target than the 449 uh 4449 which is a pretty good move actually. Like think about that. It's a big move.

It's a 300 pit move with with pretty pretty good conviction then. But I try to see if we can get in a bit earlier if we do close above it. Because usually the ZVAP can help tremendously with the with with that confirmation. Where is Isabella? Isabella is uh not here in the chat today. She will come later on. I think she's she's working. [music] Yeah, she's popular now. Same as Georgia. She's popular, too. Tell me everything.

Okay. Looks promising. Looks promising. Uh we're seeing the push up here. We're seeing the reaction from those sellers. Something that we kind of kind of I would not say. Yeah. Well, a reaction is not unusual here. Let's put it this way, right? Not unusual. Uh we're seeing that reaction here. Now, we take that back to the 15 minute. The VWAP is sitting at 4458 on futures. Most buyers try to get involved here. You want to close above that.

Why? Because this is for sellers to control there. You kind of have this area right here that we're watching very carefully. This zone, predominantly this area right here. You can kind of see this already, right? This area is where the sellers were very active. Let's make it yellow. This is where they were very active right here. Okay, this is where buyers try to break above we filled. So any closure above this is in my opinion a confirmation needed for uh for buys. pretty much covering all the initial shorters of the open today completely. >> [snorts] >> You could kind of confirm that this is the last area where where step in aggressively.

[music] So any closure above that high will be um considered a recovery. So, can we get the same setup playbook is like the ebook? Uh, this is more for the elites. Right now, we are going to kick it off today. We're already full. >> I'm actually very excited. We had some amazing calls or had some amazing calls with them. Personally, it's very nice. Yeah, let's see if we can do this. Can we close above the VWAP, my friend?

The longer, honestly, the longer we staying here, the more consolidation happens around this level, the more interesting it actually becomes. My body on my body. Too much baby. >> Is this the playbook on stream? You've been covering the playbook on stream. Yeah, that is just a template that we use. Uh the other one is more in depth I would say. >> Uh but still yeah it does show you some scenarios indeed. I do agree with you.

Hello. Okay, please share the VWAP session indicator settings. Uh the session indicator settings I use close. Some people use the open, high, low, close. Okay. I usually use the close. I mean to be honest this is what I've been using myself but most importantly I just always look at the VWAP on the order flow the exo charts yeah that's what we're kind of looking at also it's a combination of both okay do you think you can reach the 100 views per stream I mean if you want me to stream for 5 hours 6 hours I I think I could reach it if I would re if I would stream that long obviously But uh the stream is usually around um around two hours, you know, sometimes three if I'm in a bad trade.

Sometimes three and a half. So it depends. It depends. Obviously, that would be that would be the goal, I would say, at some point in time, right? Getting us up to that level. Like we're now at like 41, right? 46, right? 100 will mean by far the biggest streamer in the world trading [music] wise. No doubt. No question about that. But no, it's not always about views. You know what I mean? It's about community. It's about the sentiment of the chat.

It's not only about the views, you know what I mean? Okay, we're pushing. Come on. Can we break above the VWAP? Can we close above it? 13 minutes. Can we make that work? Can we break above that uh that or that line right there? That would pretty much confirm to me that all the sellers that entered early today are stuck, aka trapped the 4hour Our candle has flipped. Bullish. Ah, such an import. Look at that. You can see how it's holding still. >> [music] >> You see how important this zone is, right?

This exact level. We know that there is a low form not there. So we we know that we know that obviously the ultimate buys are going to be above the value area high, the manipulation of the value area low, a reclaim of the value high and then a clean continuation to the 50s which is the highs of um the Friday recovery of the NFP. That would be actually a very clean 300 pit move. The question is though if we can close above the VWAP and we know that most of the sellers actually entered here there and there and we close above them and the VWAP.

Is that then not enough confirmation right that we might get there already? recovering all those sellers and then closing above them and then looking for that same target. The thing is, yes, the dollar is pushing up. I see that too. But when the dollar was pushing so much, gold was not really breaking down. It was not really breaking these levels. It had to break. It actually set in a higher low. That's what it's looking like right now.

Right. So the dollar impact is not as is not as um it's not as detrimental this time for gold. That means if the dollar loses momentum, gold will skyrocket. Gold will explode or gold will try to explode. Okay. now the 50 minutes is going to close soon. For some reason, those 50inut VWAP closures are a real thing. Five minute is there though. That's a good that's a really good start. We actually did close above the highs here which is actually very good as well.

The five very good that we did that when this will be a trade. If we if we can close above this high right here. Yeah, if we can close above this red box. The final bond. The final boss. That is the final boss. Can we close above that? Fantastic. Sellers, sellers, and sellers. All recovered. All recovered. Today's US Bank holiday. Yes, correct. Still wanted to stream for you guys. Anyways, still wanted to be here. Still wanted to be here.

Lor, is there any possibility that it will be short instead? I mean, the chances are shrinking. I'm not saying it's impossible. I think the chances are just shrinking. The more sellers that are getting recovered from the from the drop off, the more bullish I'm getting. There we go. This is the first real attempt, the first real closure potentially above the VWAP after the sell off today Asia session open. More selling than buying much more the first closure above those sellers with conviction of course aligning with a daily demand zone which we cannot exclude by the way.

We closed above the previous candle there. We managed to tap into the base of that and reacted from it as well. The 4 hour has flipped bullish. 4 hour has flipped bullish. Oh, a question. Do we sell indicators? Nope. Do not sell indicators? No. I have indicators I use that are [music] private indicators, but I don't sell them. I don't sell them. Now, this is good, man. This is very positive. Gez, my friends, this is positive.

We're getting very close. Why not buy stop loss here under the PC? Where we should put stop loss? Below the lowest below that low right here. Okay, if we can get it closer in 5 minutes, uh, then we have uh or 4 minutes, sorry, then I think we can target the 50s. I think we can target the 50s right there with with pretty good conviction and then stops below the lows at the 4402. [music] So that is a I don't know pretty decent risktore toward as well.

It's decent. It's okay. We're still in a ranging market. Still in a ranging market. There we go. It's crazy how that setup repeats itself over and over again in ranging conditions. It is a very important setup that we've been always looking at here. We call that the range manipulation. So range filled breakout and then a reclaim. So ranging balance session range fill reclaimed value area closure above the VWAP and a point of control.

The VWAP mandatory. Okay. You have different variations of them, but the conclusion is that they're pretty much all the same >> in terms of confirmation, but we need to close above it in 2 minutes. You feel it? Come on. Don't do this to us now. Don't do Don't fall back in like the last minute. That's why it's so important, right, to wait for that closure on the 15 is the first closure. But the Viva for sure. We'll see that worry.

We'll see that happening. Isn't the market supposed to be closed today? I thought it's holiday. Yeah, New York. The New York Stock Exchange I think is closed. Yeah. 46 seconds. Yeah. [snorts] Is this going to be the first clos? Looks like it, my friends. >> 14 seconds left. Longevity is in disbelief. This he is he is in disbelief. Yeah, we did close above it. Okay, we did close [music] above it. Um, we did that. We did close above it on the 15 minute.

I'm going to try to buy here my friends. This is for me the confirmation I want to see. It is time to get into a one lot today and press oh press buy. Thank you very much. Uh 50s 49 sorry 49. All right, we're in. Order control VBA sellers open highs management at P weekly PC [music] which is at 35 >> right there. >> That is the system. That's the process. >> Let's see what happens, man. I've done everything I needed to do here.

I've been patient, been waiting for the right confirmation. I have been testing out the setups through Tickington. uh it has an accuracy of around 68%. So that means that out of let's say 10 trades I would lose three but I would win around seven on average if managed correctly. Of course it's also about management. But that closure about the VWAP to me was an important one. And not just above the VWAP, it's also above the sellers. also above those sellers right there that kind of filled.

So, let's see what happens. >> Uh, how does it look on a five? I mean, we just need to see some follow through here, right? That's it. Now, give it some time to develop. What is the risk? Around $1,400 with approximate opportunity to make around three 2.53 depending on the on the management. I'm thinking to join your group. What time do you live streaming? I don't have a group right now. The group is closed. So, you can just watch me live on stream for free.

That's it. No broker, nothing. No broker promotions. I got rid of all those things here. Just want to trade >> and trade my setups and see what happens. Isn't Vantage yours? [laughter] No. No. Vantage is not mine. It's a huge broker. Good luck. Why didn't you wait for the hourly close to be above the VWAP and PC? Uh, good question. That would help us obviously with the confirmation. I do agree but 15 minutes to me uh usually is enough at least from what I've been using it for me personally it has been enough so I didn't really see saw a big difference between 15 minute and hourly I did see a big difference between the 5m minute and the 15 minute like I really saw a big difference there [snorts] kind of in terms of confirmations.

What I do like right now is that we're retesting the VBA right now at the moment. So that's why we're kind of finding that support here. see it on the exo. Actually, the VIP is slightly lower. Still a little bit lower, but that's the main level right now that I'm watching. Of course, it is what we call the VWAP right here, the blue line. I want to want to stay above that. I don't want to really close below that, of course.

Come on. Let's stay above that VWAP. A little bit of draw down line is fine, but we don't want to really close below the VWAP. That's all that matters. Are you not at home? No, I'm not at home right now. I'm actually in a new in a different home at the moment. I'm in a different home right now at the moment. Yes. As it says, you can actually see the trade when he changes windows. Exactly. Yeah, we always enter on MetaTrader 5.

What is the difference between the value area low and high? I mean the value area of the high and low right it is simply just 70% of the volume traded in a range or in a daily level a daily range or in a swing the very highs the top of that swing or range and the very low is at the bottom. Sh. Still a lot of sellers. Yeah, I mean there's still sellers here. Yeah, I can see it, too. So, I hope you can hold above them.

Stay above them. Little bit draw down is fine, but not a closure below the >> VB. Paul says it's hard to trade live. I don't know how he does it. Number one, you get used to it. Okay. And for me personally, it's no more uh guessing for me personally, right? I just look at confirmation. So, it's very systematic. I've been really trying to develop this system for a long time right now at the moment. So, it's very systematic for myself.

So, it doesn't feel like I'm trying to guess a lot of things. It's just about following a process now that makes things much easier. And obviously, the results are there already, right? We have been showing the results already for a long time. So for us also that you know makes things a bit easier as well because people can understand see the bigger picture there and they understand what variance means but we care about the long-term results right so >> it's very mechanical now I would say sh Trigger it. >> Uh, where's your stop loss?

My stop loss is at the uh 01 [snorts] around $1,400 and my target will be at the 49 with the point of control at 35 and stop loss and break even after the 22 gets broken. Come on. All right, we're in our next zone. As you guys can see here, we dropped a bit. So hopefully we don't close below the Viva. Do you lose discipline offscreen or and do hunt trades or are you in complete control? I would say I'm in complete control right now cuz I think that that's how I make the most money.

I guess not by hunching trades. I don't make the most money by hunting trades. Not good at that. I'm not good at like chasing the market. I'm just not good at it. Some people are good at it. I'm not good at it personally. I'm just not good at it. Maybe some people are good at it. But I'm just not good at it. I don't like to chase the market down. I really like to chase trade certain setups that I like like this one. Even though might not play out now, but let's see.

Hopefully, it does. >> [music] >> Okay, that's unfortunately. That's unfortunate. We reclaim the >> Vap. That's a bit unfortunate. [music] >> Let's see what happens. hour looks bearish. I mean hourly just opened up. The next hour looks bearish. We saw a lot of absorption of sellers here. We just didn't get the follow through. Uh the 4hour flip bullish not bearish again. Stop loss is pretty much below this area, below the zone.

So, I hope we can hold it. But otherwise, it is what it is. We'll take it. >> And because there is a bank holiday today, I'm not sure if New York will be an opportunity for us to to reclaim anything. So, fortunately, we closed above the below the Viv immediately right away. [music] >> What I really liked was that we had that really strong bearish bullish confirmation above it with actual volume as well. But sometimes she happens.

It just reclaims it. And we'll uh [music] we'll come back. Yeah, this is the next line of defense. By the way, the stops are below those areas, below these lows. There's one more zone lower, but I'm not willing to to get long there later. It just has to rebreak the high again, and I will try again. That's pretty much what I would be looking for if that would be uh if that would be the case. When would I switch my bias to selling?

Um, well, if you can close a 4hour cannot be low, the NFP lows What are the chances? Well, if we'll break out um below the VWAP, right? So, if you close below the VWAP, it does definitely shrink because you close back above it also before the hourly closure, right? In this case. So, if that's the case, I'll just have to accept um [music] this trade and move on and do the same thing again the next time, I would say. It's not something I will not not do next time, cuz I know it's working over time.

But the stop loss is strategically placed because we still have this area to work with to deal with. Sorry. right here in the 15 minute. All right, it is reacting. That's good. That's what you want. That's what you want to see, of course. But, uh, reclaim is mandatory, and that's going to be not an easy job. Look at the um look at the VWAP again. [music] Paul, it's a tough trade. Respect for doing this live. I mean, it's just uh what I would do regardless offstream, too.

So, I would take this trade off stream as well. How did you do it last week? Uh chat, what did we do last week again? I think it was pretty clean last week. It was a pretty clean week. Still holding it. But the fact that we reclaim the point of control as well, it's just unfortunate to be honest because that that's going to be tough. It's going to be tough. just going to reduce the chances of success. I would not say cut the trade, but like just going to reduce the chances unfortunately.

Where at? We are currently at - 900,000. Our stop loss is $1,400 on our 25k account. that we have been growing only on the streams. buy below the V. We didn't. We didn't buy below the Viva. We bought above the V. now. No scaling, no adding to this trade. There's no reason to. It's just either it's going to go or it's not going to go. And if it's not going to go, it's okay. I'll accept I'll move on to the next day. I'm not going to overtrade today.

I think also because there's just we have a bank holiday so there's not much that I can do besides maybe waiting for a reclaim again but that's the only the only chance I think I would have for another trade and also this happens right if I would lose a trade right now for example Right? Imagine like what I do, right? Imagine, put put yourself in my situation right now, for example. Right? Just think about this right now for a second.

Imagine I'm being I'm patiently waiting for a setup that I know uh works for me over time, which is called the range manipulation trade setup. [music] For example, right, that's a setup that I trade with the sequence, all the confirmation we're talking about right here, the order flow, everything, right? And imagine I wait that long and I wait for the whole process and I do not I do not get rewarded for it. So I have a whole sequence.

I get everything ready, everything tested, full conviction. I wait for two hours. I take a trade and I still lose. Imagine that, right? Put yourself in my position. If you can, if you can go through that without emotions, zero emotions, and you can keep doing this, see what happens over time. See what happens over time. That is that is the um the way we trade here pretty much. And honestly, it looked very promising. We beginning uh but it always looks promising because that's the confirmation.

It always looks promising when we enter Would you take another trade? Uh, nope. The only trade that I would take is a reclaim again above the same uh position with volume though with a good confirmation. I would not say hourly closure. The same the same process pretty much the same process but we need to see volume coming in. It needs to be like a high volume cable. And we're really paying attention to this uh to this area.

The reason why we're reacting here, why we have such a hard time breaking this low is because of the of those sellers at the bottom there. And the market is kind of stuck right now in between those areas, in between those two levels. which is the zone A at the top. Unfortunately, we couldn't um maintain above it with conviction and zone B at the bottom. J my strategy consistency transparency 100% also whatever the market does.

Thank you. Appreciate that man. What is the maximum risk? Well, in this case, I think this is a good good amount of risk we put on the table today. I mean, one lot on [music] a roughly speaking 140 pip stop, which is $1,400. So, it's a decent amount of risk, but it's not outrageous. in comparison. So, it's it's doable. Why the stop loss below the lows? In this case, uh I usually don't even care always about the lows.

It doesn't have to be below a low or whatever. I'm just right now looking at okay, uh high volume candle, right? So, for example, in the order flow right here, we have let's say the uh the candle right here with 3.1,000 contracts. See that? super negative delta. Now, the most volume was traded there. So, the most volume of that candle was traded right here. Okay, my stop loss is below it. So, if sellers are not in control or sorry, if buyers are not in control and sellers are back in control, we'll probably have to close below and we'll probably will try to revisit those lows again after that.

So, that's why the stop loss is there. Now, in this case, it's below a certain low. Doesn't always have to be below a low, if that makes sense. It can also be in the middle of nowhere, like where you don't see a low. But in this case, it's Yeah, it is indeed below a low. This might be This might be hovering around for a long time though because the farm is really dropping. But for me, the risk is very [music] is very doable.

So anything around this area, I mean, it's not the end of the world. Hello. Is there any advice to journal my trades? Do you use some websites or just Google sheet? Uh, I prefer to put in some manual work instead of it automated. I mean, in terms of your results, I don't really care with journaling, by the I don't really care about the the you can automate everything, right? You have like trade zella or whatever. You can automate all your trades.

But what I think is important is that you actually uh measure and quantify the variables that you trade. So let's say you have a setup and you call it the uh who was this by the way? Catalin, right? The Catalin trade setup, whatever. Okay, your setup. The Catalin pullback setup. Now you call that the cartel pullback setup. You have rules for that setup and then you write down what the rules are and then you actually measure every time when it happens how accurate it is.

Okay. And then you need to make sure that every time when you trade that setup that you also understand okay management of the setup what are the rules for the management of the setup and then you start getting that and you work that out right and you keep working that out and then over time it evolves into something better and bigger and you just keep keep working at it. Okay. It doesn't look great. I agree. I mean, right now after the reclaim of the VWAP, it's not really uh looking looking that fantastic.

It's unfortunate because the setup was very good. We had all the confirmations and then it still cannot always play out. So yeah, workshop >> wondering why we take partials when in profit and not in loss. Uh because the trade can still play out over time. Also the risk-to-reward is still positive and the win rate against our risk to reward is still positive. So our win rate is like 70%. According to our data, right? And the risk to reward is above a one and that that's because we have certain setups that have a lower risk toward ratio and certain setups that have a higher risk toward ratio because we trade every condition.

We trade trending markets, we trade ranging markets, and we trade counter trend reversals as well. So the wristward is is decent enough for us to say okay, wrist award is good, bin weight is good in comparison. So, let's just stick to that. >> It is wild how it does not want to close below this level. It doesn't want to close below it yet. At least doesn't want doesn't want to close below it. That's why our stop loss is there.

That would confirm a complete failure of the trade. I would say the break below that level and the closure below this would would pretty much mean that if we would close below this level that price has to probably revisit the lows or test the lows again all the way. And if you take this back to the um lower thick size for example and we fine tune this a little bit you can actually see very well that this is the you see these white lines that is the most volume and that's where we exactly are bouncing from where sellers are kind of holding that control but at the same time buyers are also not really succeeding.

So it's very rangy. It's very ranging, but that's why our stop loss is there below below that zone. >> [music] >> It's pretty much the second time I've got into it, bro. Not going to lie, chart looks like needs to drop to 4270 before a move up. 4270. >> We'll check it on the chart in a second. I too much too much. Too much. >> Yeah, it is. Uh it's definitely definitely not um breaking that level for now. It's pretty wild.

Look at the order flow as well here. You see that that buyers are definitely willing to step in here and that sellers again are not getting rewarded. But um man, we have the VWAP now below again. So, we have a lot levels to break in order for us to say uh we're going to be safe. Yeah, the reaction is real. That's for sure. the reaction of the sellers. The tech zone is definitely uh pushing It's also 5 minutes for that next 50minut closure.

You buy order flow at the exit charts or deep charts. You buy it at the DX feed. Okay. Action charge uses the DX feed market depth bundle. Sorry, not bundle. Comx the Comx exchange. How comfortable are you right now at the moment? Uh I would say that the thing is I'm very neutral at this moment. I was I was more bullish of course when I entered but now I'm relatively neutral because we came up we broke below the VWAP but we're holding that zone that we talked about as our area of uh defense where our stop loss is below our stop loss is below it.

Uh but in order to say, hey, we're back in the game, we need another closure above it, above the VWAP again. So yeah, uh let's look at the volume profile. Yeah, we shifted again. That that's good though. That's a good part. The point of control shifted again lower That's the only the only the only good part I would say is that that the the PC is shifting lower right now and that our zone is holding. That's another that's another good sign.

We're actually getting some sort of level some sort of defense here. How much is the extra charge? The extra charge is I think around 50 bucks. And then you have uh you have to pay for the data as well. But that's not expensive because if you just buy the comx, that's the only thing you need, right? You only need gold. You can look at other things if you want to like the euro, but then you have to buy another package like the CME package.

But if you just want to look at gold and you trade gold, then uh Comx is uh is good enough. Do you always put your stop loss below the loss? Again, not always, right? We just talked about it. We just talked about maybe you missed it, but we put our stop loss where it makes the most sense from like a perspective of okay, did sellers entered the market and if you're looking to buy, where are most sellers stuck? Now, that happened there.

That happened in this candle. Okay. Right there. This candle is the most important candle. Inside of that candle is the point of control, right? The most volume traded right there. That is the point of control. That's why we're bouncing here or holding support here. Let's put it this way. So that's why the stop loss is below that zone. So, if I'm wrong and sellers are absolutely get in control and um, you know, buyers are unable to push price higher again and we're staying flat maybe for the day or whatever and I'm just going to get the wicked out of my trade, we need to we need to be below that zone.

We need to close below that area. Until then, you know, it could hold support. [music] It could causes us to just hold it and try to break back above the view up. But it will not be an easy job. I just want to dance all night. That's our second closure, I guess. Yeah, second closure. Our second closure below. Hunt books. When a YouTuber says buy, you sell. When they say sell, you buy. You become profitable trader. For sure.

I'm going to try that one day. Not on my own stream though. >> I would not try it on my own stream, but I will definitely try it in another stream. Joking, of course. Do you only stream live? Yes, right now we only stream live. That's it. I'm doing a challenge and the challenge is uh 100k. I'm trying to get to the 100k publicly. Only trading the Asian session. Not allowed to hold on to my trades. Not allowed to not enter trades outside of the session.

So, it's it's serious rules. serious rules apply to it, I guess. So, this the odds are stacked against me, but I'm taking I'm taking the battle. Rad says, "I really like the paradox which says if I would have taken opposite trades of mine, would I have been profitable?" Well, not not I would not be profitable though if I would taken the opposite uh the opposite trades over time. Maybe in my lifetime if you take if you if I you know since I started maybe if you put This off is legendary.

I will pull I will pull this off. I have no doubt in my mind that I will not pull this off. Otherwise, I would not I would not do it. Wild Jig says selfb but viewing your streams. Cool. That's also a good sign that people don't believe your views are real. That is also a good one. I never heard that one before. That's an original. That's an original one. Wow, the volume is dropping. Gez, the volume is coming down. Uh, on one hand, we're holding our zone, which is good for our stop loss because our stop loss is below it.

On the other hand, we are not able to break back above the VIP anymore because the volume is also coming down significantly. So, we're kind of stuck stuck in that range. Do your concepts works with indices as well. I think it's pretty universal. But yeah, you have to take this in account, right? Every instrument is different. So every instrument trades differently. It has its own character. Gold has its own character.

We all know that gold has its own tendencies as well as the NQ as well as the DA, right? All these other ones, the DAX. So, you need to get familiar with the characteristics, I would say, of the instrument, but the core concept mechanics of what we're looking for, what we're looking at. I mean, it's pretty similar, I would say. Right. It's pretty similar. is your was the risk word for this trade a 3 to1. Uh no it is it was not a 3:1.

It was actually lower because I'll probably take profits halfway or would have taken profits halfway. So it will not ending up being a 3:1 net risk-to-reward ratio. Okay, now we're actually trying to really break down. So far the bank holiday trading Tell me, can you tell me about your account status? Um, well, we have been hovering around the 25K now since we started at six. We grew it to 25 on stream. Um, yeah, we're kind of we're a little bit in stagnating right now. a little bit, let's be honest.

So, I hope just to get like into some really good trades soon again with like some good confirmations. >> We're not necessarily losing money. The account is pretty stable, >> but we're waiting for that next catalyst, you know, that that's that shoots our account up to, let's say, you know, 40k. >> So, yeah, we're kind of like um just trying to get there, man. Trying to stay stay afloat >> until we're getting into the next momentum.

And this is usually how my account really really takes off. It's like consolidation phases happens happen also on accounts >> where slightly come up but not not much. You come up, you come up, you come down, you come up, you come down, you come up, you come up and then boom, momentum. Couple good trades, boom. So the most important thing is just to not [ __ ] up. >> And when I say not [ __ ] up is to do anything outside of our process.

So anything that's random >> or holding on to a stupid trade and not wanting to let go of the trade [music] and then losing much more money like just not do that and we'll be fine. not do something. Just not do something stupid >> and we'll uh we'll be uh we'll be we'll be reaching our goal. Yeah, that's that's by far I would say the most important lesson, right? Is to not mess up anything um in terms of the process.

As long as that's followed, I'm I'm keen. losses are going to happen. I'm also going to enter like with my account right now for example some you know well I would say I would call it the consolidation phase. I'm fine with that as well. But if I would let's say have a 25k account right now and I would suddenly blow it up and then get back to like 15 in one trade >> and then you can forget it. >> So that that cannot happen.

I cannot allow myself to get um >> and and take these stupid hits. And this is how most people actually blow their accounts. It's not that they that they can't trade well. It's not even that they cannot grow an account or that they cannot even stay consistent. It's just that they are relatively good traders. Like they know they win, they manage the trades well, but then they have that one mess up where they [ __ ] everything up. they mess up their whole trade and they lose five trades in one trade for example.

Now that is like that is so sad, right? That's something that needs to be avoided at all times cuz you just waste all the effort and work you put into, you know, and um that's how I think accounts can actually blow All right, we're trying to break now down. If we close below that, then um yeah, I think our stop will be hit and we'll take the last man. That's it. Not trying to win back my trade here today. I think that New York session will be really boring because we have a bank holiday.

So yeah, we waited patiently. I waited for all my confirmations. We closed above the VWAP. We saw the sellers coming in. We closed back above them. We closed above the VWAP right there. We pushed and close above the port of today. So we managed to swift shift the momentum. We had all these highs open. Uh we tapped into higher time frame demand daily time frame. So we had all all the confirmation I wanted for this setup.

We call that the range manipulation seller right there. So we had all the setups uh pretty much confirmed. And sometimes even then it can not always work in our favor and price can stop us out and uh it can happen predominantly in markets like these where we have low volume and uh it's a bit of a trappy situation. I mean we are dealing with a bank holiday as well but that's not enough. Sometimes it's just variance that's all it is.

Last thing you should do is to be emotional. I think the most people that get emotional about losing a trade are the people that have no system and that don't believe in their strategy enough because you're going to lose trades. There's no reason to lose control over your emotions when you lose your position because then either you don't believe in your system enough or you're overrisisked. >> That was pretty much the only thing I could think about.

Time to trading. Trading is one of the only businesses where you can do everything right and still be wrong. Only the real G survive long term here. And Lorenzo Curado is certainly one of them. Thank you, Nick, my friend. I appreciate you, bro. Shout out to Nick. Time to eat. Go check him out. He is one of the most consistent guys that I know from like live streaming wise. Like one of the most consistent streamers I know for a fact.

He shows up every day no matter what the condition is. >> I really respect that. >> Shout out to Nick, man. Nick Stewart. Maybe you're lucky. Maybe I am lucky. But something really crazy needs to happen for this to survive in my opinion. a new 50-minute candle and it could simply be the top wick of that candle and you can actually see that we close below that level now. So small chance [music] I would say but anyways what what are you having for lunch?

Indonesian food is amazing. Uh I agree. But I'm still full from yesterday. [laughter] I ate way too much yesterday. Like way too much. I ate um some Indian curry and I'm still full for that from that curry. The butter chicken. Still full from it. Let us lose control. still full from the Indian food, that's for sure. Um, what did you do yesterday? Yeah. Yeah, yesterday I went to with the helicopter. I don't fly. Um, Bali has a lot of traffic.

Bali has a lot of traffic. Okay. So, sometimes I don't fly. I don't drive anymore. I decided now I'm going to take the helicopter. Yeah. So, right now I'm in a states where I take helicopters. >> So, from Changangu, maybe people know it. >> From Changangu to let's say Uluatu. >> Okay. Chang for example. Look at that. Very nice. So yeah, no more no more driving 3 hours in the traffic. No. No, no, no, no, no. 15 minutes with the helicopter.

[laughter] 10 minutes. 15 minutes. What do you think the chances are of this trade? I don't think that the chances are high that we will that we will get back to our entry even to be really honest with you. But I have my stop loss placed there for a reason. But we did close below um below that area right now. And I think this could turn into resistance, etc., etc. So, I think this will be um a loss personally, but it's okay.

I can't close it now in this case. I just need to let it get to that um exit and mark it out and write it down. And that's what we do. We mark it out and we write it down. Why did you decide to live in Bali? Um, I really like Bali. I really enjoy it. I live here for a long time. Uh my kids actually go to school here now, private school here. Uh the quality of the education is getting really good right now. It's all international, international schools, etc.

So yeah, a lot of reasons why I'm here. And if I want to do something important and I have a meeting in Dubai, I just go to Dubai for what, couple days, have fun, come back. I know where I am. >> Shallow res. Do you ever consider take the opposite trade when you set up invalidated? Sometimes yes. Sometimes yes. But um that that is usually what we call a CME play. Okay. So if for example the trade itself is bearish. So we have a range um like this and I look to short it on the pullback but it doesn't do that and it for example does something like this >> and it breaks out.

I will look for the long instead. Let's say like that right and see me trade >> for example. Yeah. >> What feedback would you take from this loss? Um, I would not have any feedback from it. I think this is just one of those setups that I uh cuz there's nothing that we've done against the process here that I would have done different to be honest. When was the last losing streak. I mean, I don't think that we since we started the count, I don't think that we had any losing streaks.

Correct. I think we had wins. We have more wins than losses for sure. Uh 70% for sure because that's what the statistics are telling us. And we not really have the losing streak yet. So maybe at some point, but not now. And also that will happen at some point which is normal but um hopefully not because um that's never fun. You are a demon trader. You are a loser. as you can see vantage markets demo on the left side.

You are no trader, you are a gambler. Okay, thank you. Anything else, my friends? Let me know. How much is stop loss? $1,400. What is your best monthly gain as percentage? I think in July we did like um 120%. Sorry, in June we did 120%. And then July we followed up. August was a bit rougher, but we managed to stay alive and above and we created a new high on the account. And now September starts. So now September starts and we are again neutral.

Is there any possibility to grab a coffee if you come to Bali? Yes. If you're in Bali, let me know. Uh who are some of the the realest traders you know? Uh there are many real traders that I know uh that I really really appreciate. Of course the the Italians are one of my favorites because I'm um connected to that. Obviously you have the Fabio Valentini for example. Carmino Rosato is another one, right? >> He had a he had a really rough um he had a really rough August.

Ended up break even I think or slightly profitable but a lot of losing days and showing all his broker statements. Write everything transparently. He doesn't trade live but still still showing everything. I think it is uh I have a lot of respect for that. I personally have a lot of respect for that. So yeah, these are like some of those guys that I really like personally. Orderflow traders mostly most of them most of them are order flow traders.

Uh but yeah, I think he explains it here perfectly. Look at that actually. Very nice. Very inspiring to see the transparency also in the space. I really like it. 8 $1862 gross profit for the month of August. Broker statement attached. Net negative. $341 after commissions and fees. Can't say I'm happy about this result, but also can't say I'm unhappy about how it ended. It was a fight to be green. This was one of the hardest months I've traded in a while.

While the volume was the lowest the market has seen s seen since 2004. I had a hard time finding good setups. This was mentally draining. While reviewing my trades this month, I was trying to justify what went wrong and where the struggle came [music] from. Truthfully, the majority of the days my analysis was just completely wrong. Many of the days I put myself in a position of a mediocre setup in the space that the market would change. documented.

This month we'll be posting a YouTube video. So yeah, you know, and this is one of this is a top tier trader. Like I know him very well. He's been trading for a long time. So I hope you understand and see see that right that even guys that I know that are really really really really good, right? really good traders um have a lot of data to back up their claims [snorts] are still u experiencing it somehow. We're still in the trade.

I doubt we're going to make it happen to be honest, but uh with with the order for looking at the confirmations, but we're still in it. We're still in it. Why are people being rude? Like, chill out. Go somewhere else. This is a closed community here. And our girl Georginelina will bang you. [laughter] Georgina. How come your stop loss is still intact? Mine is hit. Uh we're very close to it now to the stop loss. And um yeah, like I said before, right, there's a big chance it will get hit because we tap into this area.

But somehow there is a level of absorption happening and we still manage to hold on to it somehow. Somehow just waiting waiting for that outcome. Sand Deep says, "I saw the video of Carmine Rosato on YouTube. He should do everything." Yeah, I think he did. Uh I think it's very awesome to see that right [music] in the space, that level of transparency. I really appreciate that. I think it's amazing. really I think it's really good to see.

Can we enter again? I'll be very careful because even though this might be bottom, I mean, I'm just saying it right, but the market has been chopping around a little bit too much from my my perspective right now at the moment. But it doesn't look convincing. There are too many buyers that filled here. It was great when we closed above the VWAP and we had all the sellers being all the sellers trapped, but we didn't follow through.

So, I'll be careful with buying. I'll be cautious. I think we can still reach our stop loss. You can actually see the rejection already. But for our account B, I think we'll be at the 23 5 23.4K Gam. And we're just hovering around a little bit. So, I hope to get into some really good trades over the next coming days to get at least to the to the 30 the 30k and reach that target. Yeah, you see that was a pretty bad closure.

So, we're going to probably stopped out there. It's a miracle how that level has been holding up. But if you look at the order flow, it doesn't seem likely we will uh we will hold here. Do I want to take another trade in New York? I mean, it depends, but the volume is probably going to be super low. So, I think it's better to wait for tomorrow again and then simply let myself um or allow myself to just reconsider. Now with the month the uh the Monday open, we have one full day of trading behind us.

We know how the daily candle closed, how the volume is distributed, etc. as well. Why not the London session? I've not been trading a lot of London. Either Asia or New York. So, Asia on stream on YouTube. And whenever I have the opportunity in New York by myself or in our group Sunstar. If he loses, some people would hate and critique. If he wins, suddenly he's the god of gold, trading, and praised. Humans are being so funny.

Yeah, man. True, true. Just look at the bigger picture, I would say. I think that matter. That's the only thing that matters. >> [snorts] >> Yeah, it is an insane level. It is actually getting a bit bit ridiculous now. I have to admit. Crazy. [laughter] We're not stopped out because of spread. Sometimes I do get stopped out because of spread, other times not. Um, I do have a raw account, a raw ECN account. Not sure what account you have, [snorts] but there is a difference in spreads.

Did the volcano uh volcano eruption affect Bali? No, it's too far away. It is too far away. What platform you using for the orderflow? I use Exo Charts. the extra charts. Yeah, we did uh we did hold on. Um but again the 15 minute has a lot of work to do. A lot of work to do to get this uh to get this confirmed. I mean a closure in in four minutes above this high would obviously be great. above the lows. That will be incredible because then you have a little bit more chance that this might indeed be some sort of bottom again.

But uh yeah, stop loss is literally below it right now, below that wick. It will be a tough one on because you also look in the 4 hour and you can see by default that there are a lot of buyers that of course filled now as well as sellers. By the way, sellers are not getting anywhere either. It's just uh flat. But uh most most buyers stepped in on that 4 hour and sellers at the bottom. So yeah, you can see what kind of range we're dealing with right now.

Like this is the 4hour candle. Okay, in that 4hour candle we have more buyers than sellers and more sellers at the bottom than buyers. So, but yeah, somehow what does it mean when the P control comes down? Now when the point of control drops, so when the point of control actually comes down, um it means that in most cases there is more volume getting accumulated. So the chances where you then break above that, the chance of price then breaking out to the upside is higher.

The same thing counts for the other direction. So if price is uh pushing up, okay, and the volume profile uh point of control pushes up and you close below it, the chances are that there is more selling pressure coming in after that. So that's how you can kind of utilize what we call the the the point of control of the day. Let's remove this for a second. Yeah. Anyways, you can see that uh We're just literally holding this that level right now and our stop loss was right below it.

So yeah, it's pretty crazy. You can actually see it when I say right below it. It was actually right below it, I guess. But it will be tough. Like I said before, it will be very tough. But we close this camp in 50 seconds. So better to do another buy. I sometimes would do that, but this is just straight up uh for me that will be just straight up um unfortunately will be straight up gambling right here because we're below the Viva.

We're below all of these levels and zones. The market condition is very um [music] rangy. We were very low five as well. But yeah, we did I don't know what to say. We did close above it on the 15 minute. We did do that. Leonardo says, "Unfortunately, I was out on the trade and luck that you're still in it." Well, I mean, there's no confirmation here that this is going to be a a win or a break even trade or whatever. So, um, we're not here.

I'm not celebrating. Not celebrating. Did you know that the Dutch central bank has done moving their gold by decrease its gold in North America and increase them in London? Yes, they are doing that indeed. I heard that they're moving their gold away from the US. The Netherlands wants their gold back. I've heard that before. Yep. Now, if you want to hold, then this needs to flip bullish. It's not going to be easy. What are the chances?

Like like I said before, I'm not here to celebrate or cheer that this level is holding up because there's nothing nothing to cheer about. There's there's two as resist sitting up around this area. Um there is indeed some sort of absorption happening at the bottom but I would start cheering above the 4485 of F 58 on futures then I would start cheering again but anything uh anything below that no do I think we will sooner or later break out potentially Yeah.

Heat. Right. At some point you're like, you know what? Just hit my stop loss. Just do it. Don't hover around too long. Just do it. And uh let us give us another opportunity the next day tomorrow after the bank holiday. Don't be hovering around too long. Do you think patience plays a more important role than discipline? I mean what is patience without discipline? What is discipline without patience? >> Right? They're tied together.

They know they're not independent from each other. You need patience. In order to be disciplined, you need to be patient. And in order to be patient, you need to be disciplined. So yeah. Are we going to enter another trade? Nope. I don't think so. Cuz I don't see a new setup now. That made sense. That was the only setup I wanted to trade today with the chances of the recovery. But if we uh we rep push and we break above the VWAP and we reclaim below it, then I'm going to be uh probably chilling out and waiting for another trade right here and not try to get involved in the market at the moment until we get a good confirmation again from the market.

Which then means that we have to do either the same thing again with more volume or we have to move lower, right? And simply take out those lows first and that's it. Yep. So I think this was actually just worth now. I'm actually happy that it now is done that we don't have to sit there for another uh couple hours, you know, sitting on our hands. I'm actually happy with it that we can just get rid of this right now at the moment and then we can just uh do this right now.

Okay. And yeah, we're just hovering around a little bit with the account at the moment. Okay. This is just the reality of the account. Okay. We're up around $16,000 still. Okay. So, that means, you know, if we take uh let's say a $1,400 risk, we can take another 10 of them and still be where we came from or where we started. Yep. We can still take 10 losses in a row and still be where we started. >> Pretty much. Uh are we going to do that?

Obviously not. Obviously not. But that's the statistics. That's what the stats are telling us right now. Uh yeah, anyways, my suggestion is to really let the market now develop for myself. That's what I'm going to do. New York will probably not give me the the confirmation that I need with volume because we're dealing with a bank holiday. Maybe, probably not. And I think that today will give us to be honest a good insight in at least the scenarios of okay if that's the truth then if gold is not willing to push up higher then what are we going to do?

We're going to just observe how this uh move uh respects the previous weekly range. So number one the previous weekly range we are right now in it. Okay. So this is the previous weekly range. We are still in that previous weekly range. uh right here. Okay, that's the what we call the previous weekly value area. And then we also have the current daily right there which is sitting right there. Okay. Uh if I if you see a daily closure and the volume is uh coming down then I will probably see exactly okay [music] this is where we are and this is the next possible scenario.

Uh if price has to drop, what I will be watching is this low and the reaction around the value area low of the previous week. That's what I'll be watching. What happens here? Is this going to cause us to be faking out again? Are we going to try to retrace again or is this the confirmation for follow through to the previous weekly lows all the way? Yes, that's kind of the the thing that I would be looking at from that perspective.

Right. I take the previous weekly range. If price is wrong and it just drops lower, I'm going to observe what happens around the lows. Is it a reversal confirmation or is it the continuation trade? That's one scenario or these are two scenarios of one setup potential. Okay, that's one way. If price does break out higher and we do break or above the value area of today, so let's say we have the very low, the very high, we somehow manage to close above the VWAP, right? and to do everything that we initially wanted to do.

Uh yeah, it's still the same story. Is there a chance we could reach and target the previous highs right there at the 50s? But in this case, with a confirmation maybe above the value area of today. If the value area shifts in New York, there is a big chance that price will probably continue to go higher and come back to the origin of the NFP, the initial move of the NFP as well. So that's kind of the scenarios that I'm looking for.

Um inside of this area right now be not doing not much. I would just be waiting. Okay. I wait for price to develop either to break down to get there like I said to wait for price to break or to reverse with the confirmation. I know what to look for when when we are there or we break above the very area of today and I target higher levels. It's pretty straightforward. It's not not that complicated from my perspective and then both of them make sense.

It's just about volume right now. Actual volume coming into the market um and continuing the journey. Yes, that is uh pretty much the standard right now in the terms of our account. Yeah, we have seen a bit of a stagnation right now. We had some wins and another loss right now. So, we're we're really trying to stay as stable as possible for us to move [music] our account up and hopefully uh get into that next momentum we wave where we just capitalize and uh get to the 30K.

That is the goal I am looking for. Okay, for now let's stay stable and uh take a hit and our account is still way up from where we started. So, that's all good and just uh stay committed to that right now at the moment. All right, two scenarios, two reactions, and let's see what happens in the market, my friends. Okay, thank you for joining, and I hope you understand that all we do is a process that we follow every day, and then uh yeah, you will see what happens over time.

All right. When do you withdraw at 100K? Yeah, >> because that's our goal, right? to get there. Okay, my friends, thank you very much for the support. I'm looking forward to see you and uh yeah, you guys know what we're looking for, what's next and the scenarios and tomorrow again. And let this uh be the start of a nice recovery and not a losing streak. That's not going to happen. Okay, take