[00:02] bullish move Gold has seen, there were events in the last 3 days and the market seems to have shown a direction. But this direction is quite early. So, let us understand the levels, when two things match, the candlestick, that is, basically the price action on a larger [00:14] it becomes the entire price action. And when the combination of both the levels of bigger time frame is set then you can say that there is confirmation. Butt what right now? Candlesticks say bullish, level says might be bearish. So let us understand and [00:27] in today's video, we will discuss the trades we took last week i.e. this week. Where was the target, where was the loss, real examples, no power point presentation, no expectation analysis only, real trades, real learning. Let's start. [00:39] trades, real learning. Let's start. see what happened, when the market gave this breakout, then definitely we knew [00:53] again give us a long target at an intraday level because it was a very big breakout. This is called because it was a very big breakout. This is called power candle. When you look at your power candle, oh my god power candle. When you look at your power candle, oh my god brother, [01:06] it had engulfed 32 candles. We went long on the 32 candle here. You can also understand this basic thing that brother, the market will go up a little from here. Now what is the level, at which level are you? You will see here that the market had fallen back after facing resistance at this very level for three days starting from Friday, June 12. [01:20] market had fallen back after facing resistance at this very level for three days starting from Friday, June 12. down for quite a few days. But if I pull it back, you'll see that again, this was an important support. The market was a very important support. The [01:34] became resistance. So will it behave like resistance again or will the market break out, convert it back into support and go up, this is what we have to see in the coming week. Ok? So I hope you understand that there is nothing guaranteed bullish. The [01:50] possible that the market may again give some fall here and then break out. But the market has consolidated, Guys. The market consolidated, which means that after this fall, the market stabilized from here. If we take support, then the market has been consolidating for about [02:04] 44 days or basically 32 working days, about 1 1/2 months, and is giving an up breakout. And gold is such an asset that it is bound to go up. Even if it goes slow in the long term, then the basic nature of gold can be bullish consolidated if the market [02:18] level, this level where you see if gold is trading after 4400 anytime on Monday or Tuesday, you just have to wait for the pullback, keep saying bye bye bye bye, [02:32] analyze something else, then mark your attendance by commenting, write your name and write that brother, please analyze this also, whether it is BTC or Nifty or Crew, I don't know, if I feel like it then I will do it and sorry this video is getting [02:44] uploaded late because I was busy with a lot of things, I shot it late, for you guys, the video will also be uploaded by then, I hope you will attend the zoom class, rest we will meet, let's talk to you about that. Now let's quickly move on to [02:57] this week's Bitcoin trades in the Trade Logic series. Actually there is a triple bottom. If I go a little deeper, I will come to the smaller time frame, then even on the smaller time frame the market has formed an ascending triangle pattern, inverted [03:10] market broke out and see what happens if you buy on the first breakout ? I always refused. The stop loss would have been hit. The market then formed an N shape pattern. So we said bye here. So what do you get to learn? [03:22] trust N-shaped breakouts. What a great risk reward it turned out to be. What a great risk reward. What a great thing we did here and invested about $000 and made $2700. spread. It is a normal thing. Decreases everywhere. So by investing $1 lakh you [03:39] can earn around Rs 2.5 lakh. Earn 3 lakhs. That is trading. I have also created our crypto channel. I have created a new channel. Then I will put the link. You can join it free of cost. Now let's move on to LNT trade. Look, after looking at the trade of LNT, whether it is LNT [03:52] or Reliance or anything else, look at the market, why did I choose it because the market has been consolidating by reducing its range for almost a long time. you simply mark the zones on both sides, I know it will go up first and mark the zones up. [04:07] But when I was taking the trade in real, I marked the zone below also. Then I waited to see how the market would behave. Now look, if the market had broken with the first candle, I would have bought it using the opening drive strategy. I will do it [04:20] what a satisfying bullish candle it was here. The first became the second and third raids. Then brother, what did the market show me, I got trapped brother. So brother, here we felt that brother has been [04:32] trapped. We sold and our stop loss was hit here. What was the mistake? Somewhere when I hit sell, I avoided this thing here that I am at the intraday low, see as per the line body, I was at the intraday low, the market did not [04:47] intraday low, the market did not what happens is whenever a gap is formed, the gap is strong, if it support here, there was no mistake in this, I will try this trade again here [05:00] breakout happened as per the body, but why did the market give reversal here, I told that gaps are strong, gap itself means that L&T was bullish. It was not supposed to go up at intraday level, it was supposed to go up after two-four days. Well, this happened the same day in the second half. [05:13] So that's it. Then we have to book a loss of ₹1,000 that's normal. Let's follow the gold chart. You can see the 15 minute structure of gold. What happens at any time is that if market went up and then took a pullback. So did [05:26] he respect his Fibonacci levels? For example, suppose it is a 50% level. I went on a 2 Saw strength in the market. That I saw the strength and boom, the big target is hit here. saw the strength and boom, the big target is hit here. [05:39] this week on our main Twitter channel which is free. I hope you made good money. So if you were on this channel and made money then do join the free Telegram channel. Nifty 4th August What are you looking forward to? Nifty is above a level on the larger time frame. Now what did [05:54] I explain in the beginning of the video? Should the level plus candle match, the trade will be made. Now I look at the weight. What did I teach you? If you watch my videos regularly, trading and reversal trading for Forex. It's great. Breakouts also happen sometimes. [06:06] But brother, retest trading is best for Indian market. Breakout trading is the best. So look what I'm waiting for is I'll do a bye to retest. Brother, he broke the level directly. Come on, will you trap me ? So I saw that the zone was [06:18] not broken by the green candle above. So I felt like saying goodbye here. But look, if you start trading what you think you will make losses. I felt like saying goodbye. But look, when I look at that candle, the candle gave me a 'what I [06:31] think vs what I see', 'what I see is a red candle, can't buy? Okay, it will form a trap, it will go in well, then it will give a closing above, it did not, so I said okay, now I checked other things as well, brother, where is the moving average, where is the 200 moving average, etc., the [06:45] market broke the moving average, I sold, the market went at about 70%, gave a target of 80% and turned around from there, so look, the man is sitting, I will trade, I will make money, he also did a buy, okay, he did not buy, he also did a sell, he has so much patience, so the trade went at 70% and [07:01] I book 50% profit, so I will get some profit even on break even, I got approximately how much, around 69000 and this is our Booming Bulls Indian Market Telegram channel, there are three channels, I will give you the link of all three, you can join it, [07:14] free of cost, no need to pay anything, charts of crude oil Let's move on, we see that the market has reached the zone and after reaching the zone, the market took support and broke out, so we bought and again we get a break even exactly. [07:28] you this break even? Because this is part of trading life. Like people get frustrated because of stop loss but people don't know. Even these people are frustrated with us somewhere or the other. Now I do not book here because I [07:40] Forex is always a risk reward ratio game. Why do I do option So the sooner I book some profit, the less theta I will lose. These are the reasons. This is practical trading. You will never know this just by reading the book. [07:53] So there is the Practical Trading Series. I hope you guys are waiting for this. Brother was waiting. Even if you posted it late, I enjoyed it, please like it. Today, all the regular subscribers will I still said no brother, I have to do it before the Zoom class. Even if the video is made, it may get [08:07] you like target. Only 4000 like target. This is a very small target for you people. Hit the Like button. Let's go to this. Yes, so what was this ? This was the VIP trading section of Market Genius. This is also free for you people, [08:20] for the subscribers of our channel, for the mls community, download the Market Genius app free of cost. whenever the market opens, the first zone which is marked breaks it according to the closing [08:35] and is the candle bullish, just let me know, is the candle bullish, comment and tell me what is bullish, what was written bullish, wrong answer is super bullish. Super bullish means that there are two characteristics in it, the first characteristic inside which there is a wick below. The [08:50] other characteristic is not a small body like the Hammer. A big body like Engulfing has broken the buy zone. There would be very few people who would have written super bullish. But if you're right, super bullish amazing answer. Bullish ones, okay. And you watch the video and you will [09:03] The closing is done. Great we Target It Guys in Trade Bake Candle. Look at this. Boom and then we make profit. And remember, stock does not matter, asset does not matter, what matters is the knowledge of what you have to do. Again we looked at Gold, [09:17] Golding has still broken out and marked the zones on the smaller time frame and we took a pullback. Waited for breakout on smaller time frame on bigger time frame and big target was hit. By taking a risk of Rs 500, he made around Rs 1200 or Rs 19. Tried to make 1500. [09:30] But 129 something like this happened. Ok ? That's ok. Let us see frame. After the resistance, the market entered trap trading. We hit the trade. Short our stop loss was hit. Ca n't do anything. It is normal here. I will have to do [09:43] something similar here next time too. But the market can give targets. Again we booked a loss of around $960 that was 1000. I do n't know how the loss seemed less. Let's move on to Nifty trades. It is a total sideways market. A gap down opens and a bullish candle is formed. [09:55] What have I taught you, brother? Retest trading. Retest trading. Look at the market now, the market is open below. What will happen if the level is high? I had told you in the previous video that not every level support resistance is born by taking its name. [10:08] That is called an important level and the important level will be called resistance if the price is approaching from below. Look, we made an approach from below, a red candle, we shorted it and brother, look, we booked a profit and we got a [10:23] premium [nasal sound] Telegram VIP community of the Indian market. If you want daily trades, if you do the free one, you will get one or two trades a week. In this, you get daily trades. If you [10:36] open an account with a broker named Lemon, you will get our VIP, so I will give this will close right now. Within 13 minutes, now I have my second laptop ready there, I will take ZM classes for about 1500 rupees. I don't know how many people will be joining. Today we will [10:50] study psychology, so I will not do it every weekend, as I will travel now, so maybe I will take it after two weekends, but I teach free of cost. So what will you have to do for that? I will give you the ZM registration link. To join it, you should either have an [11:02] XNS account or a Superior account. Currently I use these two brokers and hence I promote them. So through them you Classes are worth millions. I hope you have also seen the videos of advanced courses etc. [11:16] I had cut that too and put it in. The class must have lasted for 90 minutes. Put in 45 minutes. So if you feel like it then join ZM classes also on weekends and see you in the next video. Thank on weekends and see you in the next video. Thank you so much. Bye-bye.