[00:02] being profitable in trading was that when I opened the charts, not even a second would pass before I was already thinking about placing trades. He did this even if he did n't have any specific situation in the markets. Here I explain how to [00:17] understand them correctly so you can do it every day. Okay, traders, the reason for this lesson is because in some of the videos on the channel you ask me, I can understand the structures you [00:30] explain, but in some charts like this one I do n't know exactly how I'm supposed to understand them. I don't know where to begin. Unfortunately, because we don't understand them, we start inventing methods, we start inventing operations and [00:45] obviously this leads us to lose, this leads us to a negative result. So, pay attention to this. All the basic structures that I have explained to you are because that is how the graphics move. Personally, I [01:00] prefer to trade trends, bullish structures, or bearish structures. This is because they are easier to identify, easier to operate, and have given me results for many years. For example, the trading rule tells us that all [01:15] our bullish structures will always follow this same pattern. And I 've explained it to you, this structure that we have here, we're going to try to replicate it and try to understand it in any market that [01:32] moves upwards, in any trending chart. And the rule tells us that every time we have an impulse movement, this will be our big movement and depending on the shape of the impulse, the recoil can never [01:49] be greater than the impulse. That's the rule of trading. And normally our trends will look like this : momentum, big move, pullback, small move. And here we buy to look for the [02:04] big movement. And every time we open our charts, you don't just have to focus on one movement, but trading in general always moves in two parts, each impulse with its pullback. So if [02:20] you have an impulse that goes deeper, this is going to be your big move. And you should know that the pullback cannot be greater than this [02:32] movement. Obviously, the pullback is always limited to the momentum. What does that mean? If I have a slightly larger impulse, then my recoil can advance a little further, but it cannot overcome it. Trader, this [02:47] type of fundamental will shape the charts as we know them. This is the same structure I just explained to you. And I tell you, focus on this, that the setback is always limited to your momentum. [03:04] So, if I have an impulse that advanced with only two candles, I'm probably going to have a smaller pullback. Ultimately, the market continues to respect the same [03:18] structural rule; only these two elements change depending on each of the movements. But if you are able to understand that all your bullish structures move in this way, then it will be very easy for you to [03:34] understand any market that has a trend. For example, traders, here is my structure starting and remember that we identify the movements in two parts. I have a tiny boost, and because I have a [03:50] tiny boost, I have a tiny recoil. So, I am understanding my chart with its respective impulse and its respective retracement in two movements. Great, now I have a momentum movement that is much [04:07] larger. I must immediately know that my retreat will also be a larger retreat without losing the same rule of structure, that the impulse [04:19] is the big movement and the retreat is the small movement. But I want you to see that if I have a small boost, I have a small pullback. If I have a big push, I'm going to have a big pullback, but I know it can't [04:34] be bigger than the push. So, when the market starts to give me the pullback movement, I know that this movement eventually has to end because it cannot be greater than the momentum. That's when we [04:49] normally use the Fibonacci strategy or tool, because this tool helps us determine how far our retracement movement will go . And what good is it for me to [05:04] explain all this to you? You'll understand in a few moments . I have a lot of movement. The setback, I know, cannot be greater than the momentum. How far does it go? Normally up to Fibonacci up to 50% [05:19] of the impulse. That's why we buy during upward trends, because we 're looking for the big move following the basic structure: impulse, [05:31] big move, pullback, small move. Now that there's momentum, a big movement is coming. And so on, we will gradually understand all our graphs. Here the market reacted in my Fibonacci zone. Perfect. And now it [05:47] gives me the next impulse move. And remember, depending on the nature of the impulse movement, your setback will be determined by that. And I want you to see how similar they are here. I don't know if you had noticed that. My momentum is matched only by [06:02] my retreat. Tiny movement. Just as my momentum is, my recoil is a little more pronounced. Just as it was my momentum, it is very likely that it will also be my setback. always identifying my movements in two parts. That's why [06:19] we buy in an upward trend, because we are always looking for impulse movements. So, now that this is clear, traders, let's move on to a slightly more advanced explanation. [06:34] Remember that if you want to start trading, whether it's forex, scalping, or copy trading, you trading platforms I use every day in the video description below, under the "More" button. This way, you can open a [06:50] real account and start placing your first trades. The description also contains the code so you can receive a bonus from the broker. Very careful with fake accounts. Remember that I will never send you a [07:06] message to ask you for anything. Never give your money to anyone. We continue with the explanation. Let's go, for example, traders, to this. Hey, man, I open the charts and I can't understand them. Look, I don't know [07:18] what's going on here, I can't understand it. What I do? Look, if you can see that the market is mostly moving upwards, you should immediately know that the chart is going to follow this structure. But how do we know? [07:33] structure. But how do we know? Because traders, this is a basic rule of trading. This is how a trend moves; otherwise, the chart wouldn't go upwards, always in two parts. That's why our upward trends always look [07:49] this way. What is the illustration that I explained to you and shared on my description. Then I will share supporting material identifying each [08:01] supporting material identifying each movement in two parts, impulse with its recoil. Depending on the nature of my impulse, my reversal will also depend on the nature of my impulse, and so on. So in this graph, if you can see that it is mostly [08:16] moving upwards, immediately try to understand it with the same parameters. Okay, I don't know if any of you can identify it, and I want you to tell me in the comments if you are able to understand it without making any [08:30] modifications. I immediately try to understand it in two parts. If I start marking tiny movements all over the chart, nothing I'm marking makes sense. It's about focus, it's about being [08:46] visual traders. Very well, I have all this as an impulse. This is an extension. My impulse. Big movement. The pullback cannot overcome the momentum. Very good. Now, it's more complicated here, but it's the same thing. This [09:01] is all my motivation. Big movement and I want you to see how the pullback is no greater than the momentum. So what happens? In this movement here what happens? In this movement here I have momentum and I know that my setback [09:15] cannot be greater than the momentum. Look, this pullback is no bigger than the momentum. This pullback is no greater than the momentum. Therefore, this pullback cannot be greater than the momentum. Remember that if you can't [09:30] understand a chart this way, one thing you can do is increase the time frame so that you can understand it more easily visually. Although this also depends on practice, look, I'm going to increase the [09:44] time frame a few times so you can see that this chart, which we couldn't understand, now has the basic structure of any has the basic structure of any trend when the time frame is increased. Impulse, recoil, impulse, [10:00] recoil, impulse, recoil, impulse. Remember that not all structures are going to be perfect, and that's something you should know. What is certain is that you should understand them this way, easily, without complications. I know I have to [10:16] buy from the lower level here. But why? Why would I have to shop downstairs? Because the fundamental principle, the rule, tells me that the impulse is the great movement. Then comes the small movement, which is no bigger [10:31] than the impulse, and then the big movement will come. We always look for big moves, that's why we have to buy here. How can I tell how far the setback goes? Very simple, you mark your [10:46] Fibonacci on the impulse. We identified our reaction zone. Now I want you to see how trading begins to work its magic. The market reaches the work its magic. The market reaches the reaction zone and we know that [11:00] if my impulse is the big move, the pullback reaches the limit zone and this is where we have to buy. It will seem like magic, but the market will gradually begin to give us the next upward momentum move [11:15] . And at first it was a market we couldn't understand, but with some small technical and visual adjustments. No matter the form of the movement, we will be able to understand it and replicate it in every operation. So [11:31] now let's move on to a more peculiar situation, which is where many of you find yourselves. Raiders, remember that you can find my Telegram group in the description . There we have activities, giveaways, I sometimes share [11:44] educational material and much more. For those who want to learn, don't forget to follow me on social media. Okay, I can understand what you're saying about structures . By the way, I almost forgot, traders, everything I'm [11:56] explaining to you or that I explained to you was for upward trends, but the rule for upward trends, but the rule for downward trends is the opposite. We are going to sell and we are going to understand them in the same way because, [12:10] being a downward trend, it changes the direction of the market. The impulse is the big movement, the pullback is the small movement, and we sell [12:22] to find the impulse movement. But this applies equally to any graph. That's why bearish trends are always visible and should be traded this way. And I'm telling you the truth, if you can [12:38] understand this, everything will become much easier in the training. This is what worked for me, and when I understood this, I started to get real results. What if I open this chart and can't understand it? You see, [12:53] Chuchito Trader told me that I have to trade the resistance, that I have to trade the support here. What's going on , traders? Can I operate this way? Yes, however, by operating in this way or with these methodologies, you [13:08] have nothing guaranteed because you are not following a structure that is repeated every day. In the case of a trend, this here, what I just explained to you for upward trends, for example, you will [13:22] find it every day in all brokers, in all timeframes, in all assets. You just have to wait until you can identify that the graph is leaving you with this structure. This is easy to operate. What do you think will [13:36] happen if you open a chart that has something like this? The truth is, you have neither one nor the other nor anything. What's happening? Obviously you won't be able to operate it correctly because it doesn't have a structure, it doesn't follow any rules, it doesn't follow any [13:50] parameters. What would I do, or what did I start doing, with charts like these that I couldn't understand? I was simply waiting for the market to start giving me something I know. For example, here, what would I need for the [14:06] market to give me the basic structure of an upward trend? What do I need? If I start or try to trade the chart right now, it's very likely that I'll end up making mistakes because I'm not following any rules. [14:21] because I'm not following any rules. maybe expect some kind of breakup. That's something that could work for me. And what would that breakup look like? Upward momentum, [14:34] pullback. And here I could include my operation without any problem. And if the chart starts doing that, then I'm waiting for the market to give me the structure that I already know, that I already know how it works. And from [14:50] there I can follow the same basic trading rules that I operate and that are repeated every day. So, what do I do in these cases? Just wait. If I see that the market is giving me the breakout, I start following my [15:05] rule. This is the impetus. I know the pullback is coming, which is the small movement. And here I'm going to buy to look for the next impulse move, following the same pattern. That's why breakups are one of my [15:20] favorite strategies. Another option is to wait for the market to break down. For example, if I see the chart start to break downwards, this means that the market is going to start giving me the structure of a [15:35] bearish trend. And I want you to see here, everything starts to make sense. If he does, ah, very good, he would have momentum, recoil, momentum, recoil, momentum. [15:47] Now everything makes sense. The operation I'm putting in would make sense because it would be following the basic structure you explained to us, which would again be a big movement impulse . The pullback does not overcome the [16:02] momentum. Very good. Impulse, big movement, pullback that doesn't overcome the impulse, and here I have to sell. To look for the big movement. In downtrends, we sell looking for impulse movements, [16:18] but what happens? The graph does n't do that for me yet. So, right now I can't operate, I can't invent anything. I have two options, one, to stay here in the graph until I do something that I can identify, something that I [16:33] know. Or two, the best thing you can do is change your chart. Look through your list of assets for one that you can identify. For example, look, here we have another asset, a fairly similar situation. What do I need to operate on [16:47] here? Just wait. The key to trading is to wait, to be patient until the chart does something you already know. I know that to move up the price I need this. Very good. And I know that to trade downwards I would need [17:03] this. Either option the market offers would be a good one . In a breakout, you can trade from the first move, only on breakouts. If it's not a breakout as such, then you have to wait for [17:19] impulse, pullback, impulse, pullback movement and you can trade here or wait for one more. That depends on the strategy. Wait for the market to do something you know, something you can identify. I already got the impulse to move [17:34] . What does this mean? If this is the big movement, I know that a movement is coming that can't be bigger than this one. Listen, but I'm afraid of surgery. Just wait, wait for the market to confirm that [17:50] you have a trend, whether you use Fibonacci and breakouts, but once the market starts the basic principles of the structure, it keeps repeating it. I have its momentum with its pullback, its momentum with its [18:05] pullback, and so on; that's how we can achieve a good trade. Look, I have my momentum movement here. Once again, I understand it immediately. If this is the momentum, I know that the [18:20] movement that's coming can't be any bigger than this. Mark your Fibonacci level, identify your reaction zone, and wait for the market to touch your reaction zone because we already know that this pullback movement cannot be [18:34] larger than the impulse. And look, when the market touches my Fibonacci zone and I understand the basic rules of trading, that's when we start to get good results. Because we're no longer inventing operations. [18:49] Now we are able to understand the basic market structures and replicate them every day. If you can't understand something, then you shouldn't operate it. Be patient, switch charts and look for a good [19:04] opportunity. So, traders, hoping you enjoyed this lesson. Don't forget to leave a like, and if you have any questions, please let me know in the comments. Here's another video for you to watch. Make sure to [19:16] watch. Make sure to click and we'll see you next time.