[00:00] setup this week And yes, this was also shared in real time This is a real time trade.
[00:14] Trader since 2007, full time since 2011. and not financial advice. a clean chart.
[00:27] so you can You can literally copy and paste it's going to make you a better trader. it is one of the best features of
[00:40] the New Zealand dollar was in an uptrend, because we have here a BOS above the high, We then have up here a new high
[00:56] we have another BOS above the high. Now, this is all important for what happens any given time using SMC,
[01:11] and identify things like this over here in the current moment. right? And we know that this is significant
[01:23] right here before this BOS. here on the New Zealand dollar, as to whether or not we really broke that,
[01:37] Okay, so this right here now becomes our I am flipping from bullish back here This right here, this change of character
[01:53] It should feel late in this move because Instead, what we want to do here is once I this down here is our potential short-term low.
[02:06] our fibs from the high up here talking about my settings here for my So this is how I identify premium and
[02:21] Trade Entry. and 79% retracement. like a change of character like this,
[02:34] And this is especially important when it absolutely nothing. also want to see
[02:47] to see this market come up here and revisit and move this forward now and see what we get. timeframe still, we can see that the New
[03:00] Now I want to show you something. timeframe. for structure and then the five minute for
[03:13] So first of all, you can see that this back we had the low, then we had a break of this.
[03:25] technically is internal because we never low and then do this and then give us the BOS with using this,
[03:38] So go back here Right? There is no retrace into these drag it across from these candles up here.
[03:52] If we just take this box here Notice how we never came up here So anybody using this right here as your
[04:06] wasn't paying attention to this imbalance So the moment that we get that, what I'm timeframe and searching for
[04:19] Same exact pattern, guys, same exact thing. timeframe. BOS, okay?
[04:32] with the acceptance above that high. what this means is that this low down here now okay, or protected low.
[04:46] this was our high, we came down, we formed We then had the market sweep this This is exactly what you wanna see
[05:00] This low right here is textbook. what I'm looking for again, I'm looking for Because I wanna get short here, but I want
[05:13] So playing this forward again, still in the Now right there we do get confirmation. is I'm going to drag this back over to keep
[05:26] So again, what we're doing here is we have We have our OTE imbalance mitigated back here. character.
[05:41] One thing you'll notice too, and this is thinking that they're going to miss this This doesn't matter, guys, because look at
[05:54] So again, case, sellers are taking over once again. are taking over and giving us that
[06:07] The entry occurs up here on this imbalance. time frame, Now, I want to see the market come up here
[06:21] And this right here brings me to my short entry. because this really only applies to this From there, we're looking for that low time
[06:35] from right here in this area once we Discord as I do with everything else. You can see
[06:48] mitigated this imbalance up here. This was my entry, okay? other trades here too,
[07:01] profitable, S&P 500 short, Australian this idea to VIP members here. setting up.
[07:15] Okay, so I'm sharing this, not the flex, This was a trade that I actually took in screen.
[07:28] It's nearly two hours of content that's So, looking here at again, New Zealand Now, my stop loss in this case
[07:42] reason for that is because, again, we had out, this high up here should hold. target in this case...
[07:54] And the reason that I was targeting lower because if this is gonna be our lower high, below this low.
[08:09] in terms of in terms of a trend in a market, we've these type of channels before, but in terms
[08:21] is you get the market essentially revolving So markets are mean reverting. the mean.
[08:33] snap back to the mean. So and again, knowing that if this is going to And furthermore too,
[08:47] What do you notice about these candles back up here to these lows back here, This is also an imbalance here for the New
[09:02] and we never saw the market come back to So that alone right there was enough for me and get my 3R meaning my reward was three
[09:14] can see here 3.08 was the what happens here with the new zealand about 24 hours or so you can see right
[09:26] So if I now hide this, let's take a look here. content in terms of what we could see next. And You can see that if we just recap this,
[09:42] breakup structure, external low down here, imbalance, OTE, doing is the exact same thing.
[09:55] Now, you could absolutely adopt this. you could look at this back here and see this change of character and look
[10:09] and then look to play it that way too. of what you're trying to do. trading is super mechanical, I get enough
[10:22] week, all winners so far, it gives me here, what I'm looking at next to be the low for the New Zealand dollar.
[10:34] rotation here. now a BOS, okay, so this right here tells if this right here, we don't know where
[10:48] But if we were to bottom out right where we imbalance through this area, also an shorts again.
[11:00] Okay, so it could be down here toward these lows, But either way, guys, wherever that OT is and our OTE is up here in this area,
[11:15] Basically above these highs, Some type of internal shift up here to then It's not saying that it will happen. Again,
[11:29] And this back here was a perfect example of that. this one-hour change of character and also helped explain my exact SMC strategy.
[11:44] And be sure to check out this video right identify premium and discount and OTE. Until next time, trade well.