Free Forex Trading Course for Beginners (3h) | How to Trade in 2025

[00:01] so you can learn trading from the very beginning From basic to advanced, if you are a After watching this video you will be able to open your first investment in trading in this everything you need to know from analyze a chart open your first

[00:15] investment open an investment account absolutely everything if this video ends And you don't know how to trade, the video doesn't It fulfilled its purpose, that's why I'll be there. You can learn trading. That's the The most complete trading tutorial you'll ever find

[00:29] This tutorial will make you not not just an intermediate trader, but a Expert trader with the ability to analyze an asset to see if it will rise, if it will lower when you should invest and to make a profit based on

[00:42] This knowledge, this video I'm practically going to teach you everything. I recommend you grab your popcorn from corn because from now on we're going to immerse everything in advanced education What you're going to learn here is like if I

[00:56] I knew zero, let's create the account We're going to do everything from the perspective of an 8-year-old. years that they have the ability to listen and understand I could watch this video and Trading and how to invest within the market and nothing more to say

[01:10] Let's begin with this complete tutorial To learn trading, the first thing you need to do is... introducing yourself to platforms or any Another thing is that it's trading because You probably saw trading in internet and you understood that it was a good

[01:23] a way to make money and it's true, it's a good way to make money but like this certain concepts that you have to learn when you go to university concepts you have to learn later Go to the practical part and then find out

[01:37] That's what I'm going to be teaching you. First, let's start with what trading is. the most basic part when you go to Start doing something if you don't know what it is. And you know how to execute it, but you're incomplete. regarding the formation of that

[01:50] So, knowledge, trading It means exchange when a person trading means exchanging something There's a reason why when you go to a store and t-shirt you don't buy it or you don't you exchange it for another object but it

[02:04] buy with money when you exchange $100 for a t-shirt you're making trading means exchanging money for Just one article, and that's trading! every time you exchange something, that's trading, but in our case it

[02:17] financial markets will be trading financial assets Unlike financial institutions, Articles end up going up and down from I'm referring to financial things like... gold, silver, wood, water. All of this.

[02:32] The price goes up and down depending on the country and you can trade all of this to serve for any asset financial when you learn these You will be able to invest in gold Investing in cryptocurrencies, if that's what you're looking for.

[02:46] If you wish, you will be able to invest in stocks Netflix or Apple, whatever you want You'll be able to do all trading with This methodology that you are going to learn What to do in my case: I am a trader Forex is my specialty and

[02:58] word forex means foreign exchange or currency exchange. I dedicate myself to I analyze whether a currency trading Will the currency price rise or fall? And based on that, we make money. currency is the money of a country if

[03:11] that in the United States it is used dollar if we go to Italy we know We can't because they use the euro there. go to Italy with dollars to try buy at a local supermarket because The local currency in Italy is the euro and

[03:25] what we need to do to achieve That Euro is exchanged for another currency exchange the Mexican peso for the euro to be able to purchase items in United from Colombia you need exchange the Colombian peso for the

[03:40] You're not going to use the local currency, which is the dollar. to be able to buy in a store in the United States United if you don't have dollars Because in That country uses that currency, and so The trader operates through a We are going to analyze the graph to see if the

[03:52] The price will go up or down, and all the tools needed to be able to Analyzing the price are what I'm going to tell you. I'll be teaching in this tutorial. So Now that we know what trading is, we can Let's dive into the platforming section.

[04:04] Don't worry about what to use and all that. You're going to learn absolutely everything. I'll tell you. to be able to trade. So let's begin. Let's go directly to the computer, you computer and a cell phone your computer will be your tool

[04:20] very expensive computer, as you ask. "A lot can be any computer" that has internet access and with this computer the main platform that You're going to be using this You're going to go to Google and search

[04:33] tradingview.com and you're going to enter this This page is where you will spend most of the time and once Inside, it's going to look something like this: This is all you have to do This page is to start, click here, get

[04:46] Start and create an account. Let's create a joint account we're going to put a email let's see now we put one password we accept that we are not a robot and done, we created the account already one Once we create the account, we'll go to our

[05:01] email and we'll verify it Let me verify the account, I'm going to log in to my email address once already We verified our email You just have to go to the email electronic and press the button

[05:15] Check it out and you're all set, and you'll be ready to go online. This page is now this platform It will only be useful to us Analyze the price. Remember one thing: analyze whether the price will rise or fall Lowering anything else is already investing. But no.

[05:28] Don't worry, we're going to learn how to We're both already entering now, we see that our account we enter our The account we just created, and that's it! We have our account open, it's going to ask you to create one of the plans

[05:41] Premium, which is what they recommend To be honest, I would recommend subscribing to this 122-hour plan. But it's not 100% necessary if you don't want to. You don't have to do it, but you There will be ads appearing inside

[05:53] the application within this website If you don't want ads and you want them to be unlock some tools Then subscribe to this $1 plan monthly. But if you don't want to do it, no. You have to do it, it's not mandatory

[06:05] You don't want any perfect plan, what What we're going to do now is the following We're going to go directly to find a graph and learn how it's analyzed here in the Search section at the top The central part at the top will appear

[06:20] the financial assets in which You can invest and you'll see the gold. Gold cycles because generally the Currencies or assets like gold are represented by three letters, it is called xau the xau are the cycles to identify

[06:34] Gold and the USD are the ones to identify Remember that gold doesn't have a dollar. The price of gold itself adopts a price depending on the currency being used Comparing, we can say that An ounce of gold costs, for example, $150.

[06:49] an ounce of gold costs 220 everything will depend on the currency with the that we are comparing them So in my case, since I... I generally invest in the euro Compared to the dollar, we're going to open

[07:03] This graph that comes from the euro-dollar exchange rate and If it doesn't work, you'll have to search here for Euro e If it doesn't work, you'll have to search here for Euro e Ur, how do you abbreviate the euro/USD and you're going to Click this button that says Launch Chart And you'll get a graph like this.

[07:17] This is literally the complete chart that we are now going to learn to analyze and discover each of the tools of this platform and how Analyze this currency. First, this is the normal interface bad what we're going to do

[07:30] To begin, it's about understanding how it works. This tool is fully available here at the top left of the The first option we have is option Search Here we will search any tool that we

[07:42] For example, if we want to search Bitcoin, we write btc. And remember that currency in which you want to analyze it if Is BTC with the dollar? Do you want to know? How many dollars is one BTC worth? Are you going to look for BTC with the dollar when we write it if

[07:57] If you look here on the right, you'll see them. different names, all these are Data providers, that is, us We're going to analyze the price of Bitcoin and The one who will provide that data is bitstamp Here we analyze the price of Bitcoin and

[08:09] The one who will provide that data is Coinbase. or here the Index or crypto.com or binance all this data or the price of this The currency is provided by an entity here What I usually do is if I'm going to analyze, for example, the dollar with the

[08:25] Canadian dollar, abbreviated here as cad We have the dollar with the Canadian dollar. I always choose the first one. The first option would be Oanda, I don't know if You knew, but Oanda is the most world's largest investment company

[08:39] Foreign exchange is the largest in the world. number one and the data that this entity provides It is very accurate, it is identical, it is Exactly the same as the real market price here in the top left is The search function. Here we're going to search for it.

[08:52] whatever it is that we are going to Invest. Notice that we have stocks here. which would be shares of companies here have We have investment funds. We have futures in forex and cryptocurrencies. forex is what we are analyzing.

[09:05] We have indices for cryptocurrencies. We have bonds, we have options, we have many. things we can analyze and anyone with what you will learn in this tutorial; in my case, I analyze forex

[09:19] Forex are currencies, remember foreign currency exchange is the The abbreviation for forex in English is the cycles in this case in the currency that It appears here in the search bar. the currency we currently have in place

[09:33] If we are analyzing the euro dollar will appear here Euro dollar and if We want to compare it with another, for example with the SP 500 that you all know which is the group of 500 companies most traded on the stock exchange the s&p 500

[09:47] It would be here, but this tool... We're going to use the following one a lot: What we have here are the temporalities. Here Let's see if we want to analyze the graph in one minute if we want analyze the chart in 5 minutes in 3

[10:01] minutes Then I'm going to show you in Depth: What do these numbers mean? But this tool here is for change the analysis times if I I'm going to analyze the chart over the course of an hour. in 4 hours in a day Here in this part

[10:14] We have different types of graphs if we have the candlestick chart that Those would be candlesticks. That's the most common chart. commonly used in trading you're going to This chart is the easiest to use. Another very common graph to analyze is the

[10:28] line graph Notice that When I touch it, the price changes to The lines look like lines going up. Going down and here we see the graph. Maybe Maybe you still don't understand where Come on, because you're just starting out, but

[10:41] How to use all of this, how to invest absolutely everything then Here we can Let's switch to another chart, let's say... We want to see the area chart, so let's see which are like lines But within the The line is colored, the area is like a

[10:57] We will be able to change the types of I recommend adding a graphic. star to the one who says candles because this This would be the candlestick chart we have here We are analyzing the candles and these candles, which are all these little squares, it's

[11:12] the way in which we are going to analyze the The price can be seen at a glance without I don't know how to analyze or anything like that. This is when the price is rising Very simple, no, you don't need much. logic for this then here in the

[11:25] indicator option The indicators These are tools that will help us to For example, if we put this price indicator, notice that it They add these lines at the bottom You still don't know how to use indicators

[11:39] which I'll show you later, but When I refer to indicators, I always These are tools that help us to analyze the price, whether these lines whether it is this other tool that is He placed all the indicators here.

[11:52] that these tools are created by investors who gave He says that these tools... will help identify a better analysis anyone like you or me I could use here in this part would

[12:07] to save the indicator template Let's say you create an indicator because This indicator helps you know if The price will go up or down, and you'll... Save Here This part that says alert or

[12:19] Alerts are for when you have the TradingView mobile app we analyze but it also has a mobile app and that app I honestly don't recommend it for mobile phones. both to analyze because in a

[12:32] The screen is very small, it's difficult to see the graphic the largest common phone such It's 7 inches long and still going being too small for you to analyze everything If you're going to learn this, learn it well. at least on a basic computer

[12:44] minimum minimum 11 inches a Mini Laptop, but recommended at least for 13 inches, 15 inches, but what You don't need a computer. giant I know you've seen pictures of traders who use large screens

[12:57] big screen when making trading, and it's very common to see it on social media social people with many screens I want to tell you right now that it's not You'll be able to see at least 11 inches. analyze without any problem and you don't have

[13:11] It doesn't have to be expensive, you can buy one for $80.90, one that was given to you the government whatever anyone computer with internet access You can access this website and analyze the market here in the part of

[13:24] alerts, as I was telling you, are more for the mobile phone application price in case the price reaches a point specifically or reaches another point in Notify. For example, if you are hoping the price will arrive here with

[13:40] This alert will sound when the price drops. Your cell phone will notify you that it has arrived at be on the chart all day hoping the price will reach this point or to this point but you can set alerts and start investing in

[13:53] through these alerts. For example, if You're analyzing Bitcoin and you want an alert for when bitcoin arrives I'll let you know at $200,000 and send you one You connect with the same account as

[14:05] You created this website on your cell phone and it will tell you the bitcoin has arrived $60,000 and then you'll be able to come to bitcoin and analyze it to repeat the graph that is Replay tool with that

[14:19] with this tool you can go back to graph and delete what already happened but This is a tool for planning. Premium, this tool will... allow you to analyze and test your strategies in the future, for example with

[14:31] With this tool, you could go for a year 2005, you go back and try if in Something happened in 2005 and you have to study what happened with the price Previously, this worked for this purpose. tool, but it's for users

[14:45] Premium for those who have the plan of 12. This platform is generally in Black Friday offers many deals that you'll love. It ends up coming out, for example, after a year. It ends up coming out, for example, after a year. $90 and the months cost you $6 each

[14:57] You can do it because the truth is, it's worth it. I've been paying for about 7 years This platform already does this every month It used to cost about $10, they've raised the price a lot, but that's the platform of investment that everyone already uses

[15:13] whether it will operate in shares of companies or will operate in cryptocurrencies or are you looking for the price of wood Use this TradingView platform. the largest analytics platform The graphic that exists here is simply

[15:27] to reverse the options no I know if you've seen tools like Control Z on your computer and you want Go back here are those options in back and forward information that you already had. For example, if I deleted

[15:41] This circle and I want to go back I'm simply giving you this part. We've already fully discovered the left side. Now let's go to the right side, here it is the auto-save button every time you draw a picture on the graph, let's say

[15:54] put something here because you're Analyzing the graph will save automatically every 2 seconds is Say whatever you draw every 2 seconds will be saved automatically In the cloud. Notice that if I draw this

[16:08] It says here autosave literally ends to save automatically because I have the Option activated, everything I draw will be It will automatically save the option. It's active by default and you don't have to do anything You won't be able to do absolutely anything here.

[16:21] Change the name of your chart to Let's put an example Click on the chart name and go to Call it a course because you can have several save templates in this In this case, our course template is recorded in

[16:33] automatic if you want to make a copy of Do you want this chart from this graph? Export it. To send it to a friend. the information you have in this graph You're going to do it here, here's the template This course is giving me this information

[16:46] Then we'll have options like this that are literally not needed because It's for finding tools to search For example, if I want this tool to place it within the chart I simply look for it there as a panel

[16:58] quick search here we we would have the options from the chart that We'll get to it in a moment here We can put the graph in full screen. so that it can be viewed in full screen And here we can take a picture of

[17:11] our graph if you select the option to You can take the photo but you can save the image If, for example, I save the image, it disappears. to immediately save what I am Right on the screen it just happened You can save it here in the photos section

[17:25] You can copy the image or the link. If you send the link, you will be able to send the You can take this image directly. Open in a new tab. Or you can Tweet this page is connected With Twitter you connect your Twitter

[17:39] Twitter so that others can see it graphic or whatever you want in this part Here you can publish to that trading communities can See your analysis. If you want to connect

[17:51] Many traders upload their analyses to This platform is for others to see it. so that they can learn from their analyses of all of this is a part that we have to Explore this section of settings thoroughly. Here the settings will show you everything

[18:05] The important things. But there are many. options that you're not really going to use You're not going to use options like this at all. This will allow you to define the color All this that is green means that the graph is going up if you

[18:17] fixed here in this part every time the The graph shows the squares we see in This part every time the graph goes down the little squares we see in the graph colors colors of if the price is going up or going down, here you'll be able to

[18:32] change remove platform logo You will be able to remove the titles I don't move what I usually use default and I recommend that you don't Don't move either, and all this is for Customize the chart colors.

[18:46] You want the background, for example, that you don't You want black, you come here to the part of background because you don't want it white You can make it black, or orange if you prefer. any color you want, you can Click OK to customize your own

[18:59] graphic to make you feel comfortable with the same and in the settings section in the There's nothing else in the settings section. nor anything more important. Now I see here the right side the first option that You'll see this little box with many things here.

[19:12] little lines that are the assets that you are analyzing. For example, if you are not Analyzing the S&P 500, you simply... You delete that from here, it's like your list of observation everything here is the that you're investing, so let's go

[19:25] We literally erased all of this. all this And we're going to stick with the euro/dollar. My specialty is foreign exchange and I will tell you I would recommend that the trading you do This tutorial will cover currency trading.

[19:38] analyze any financial asset But in my case, currencies are more Easy. I have 7 years of experience trading currencies. And this analysis will be much more useful to you. If you apply it in this market, what will it be like? trade currencies

[19:52] only with the euro/dollar, but let's say Someday I want to analyze the price I'm going to search for Netflix. the Netflix sections that are nft or ntf to see here in and Here we're going to see the

[20:07] Netflix futures we'll see Netflix Here's the Netflix marketplace here we can see that a Netflix action It is currently costing

[20:19] 978 Here we see the stock price from Netflix, but as what we're going to Learning is analyzing So we kept the foreign currency. euro/dollar, that would be like a list of things that you are seeing of assets that

[20:32] you are watching if you are watching the You add the price of Netflix or Apple. Here, and if you want to find out, it's going to... Let's go out there, for example, let's look for the gold price Remember that gold cycles are x Au and now we have to see with

[20:45] what do we want to compare it to? Compare it to the dollar x Au USD and this That would be the price of gold when we entered Here we observe the price of gold and we see that it is 22760 Now we need to see why. What

[20:58] amount of gold specifically but the The current price of gold would be 22760 I'm sure this is because an ounce of gold, but since I don't operate in This market... I don't really know, but let's go Let's focus on the euro/dollar exchange rate now.

[21:13] Leaving this part, here we see the alerts on this little watch alerts that we would put if We have 10 alerts that will appear here if We have 20 alerts that are going to come out here but to set more than one alert as well

[21:25] You need the Premium plan. Here we go. see a small window of data that the You really don't need it for anything, ever. I've used it and here's a chat. Check it out. that in this chat there are people who are We can talk by talking

[21:38] Hey How You are here. And this is a public chat that is For Premium members where you can talk to anyone who is Analyzing the euro/dollar in this You can see the analyses at this moment.

[21:52] They have you can make friends communities here can write to you You can reply to private messages. As a community here, look, we can See other people's reviews what are they seeing how they work

[22:06] Entering their profiles is like going a social trading network already once You hide the messages, none of those tools are not used either. many tools you don't need learn how to use them so you can

[22:20] Finally, by analyzing the graph we can See here on the left that all These are drawing tools if Do you want to place a line or a line For example, here's a horizontal line You come here to the first option and look

[22:34] Horizontal line. Same here. These are all tool options that will help you identify the price, maybe you don't know how to use I don't even use it, but I'm going to show you. What are the tools that

[22:46] You need throughout this video we'll Let's see, for example, how this tool here when we need it or how it is another tool when we need it all this that's on the left side

[22:59] These are basically all tools. From here, if you want to add emojis... For example, you put here if you got angry Why did you lose? You put this emoji if... These are all tools. we found in the part

[23:12] left and this is the platform This is the platform where you'll be all I spend 95% of my time on [unclear - possibly "the day" or "the day"] on this platform, since perhaps the I spent another 5% of my time in the cell phone, which is where we're going to open the

[23:27] entries where we are going to invest but There are several things to consider when investing. You need to know the first thing you have What to know is that before arriving at the part of the analysis learn how to analyze and all that, you need to have a

[23:39] open an investment account we We're going to need to know what a broker is. If we search for the word broker We can see that the broker is a person or an entity that buys and sells assets

[23:54] financial services or services through another broker It is an entity that is responsible for financial assets, for example, a A real estate broker is a person who... Divisas is a person who is dedicated to

[24:09] Exchange currencies, a fruit broker is a person or entity that is He sells fruit, he has the fruit and has a consumer who has enough money to buy that fruit and there is a transaction between the broker and the

[24:21] person and for us to invest in For foreign exchange, we'll need a broker. There are many brokers, for example the The world's most famous broker is called Oanda is the most There are other giants in the world, it is the greatest.

[24:36] It is a broker regulated in the United States United and this broker allows you to do Foreign currency investments through United States you can use without No problem with that broker. Or you can Use that broker like FXM, which is one.

[24:49] You can search for a list of the best Forex brokers, personally using and to create an account literally

[25:01] It's the same as if it were Trading View with the same information and all in one brokers make sure you are a real person that you can verify your direction because this trading thing is something formal with this broker or any

[25:14] Another broker, they make sure that money that you invest in the Market or currency they are in charge of making the You're on your computer. buy or sell or whatever But here the BR takes care of doing that

[25:29] transaction for you you only give Orders of "I want to buy this currency" portfolio now we are going to create our first investment account as you Specifically, a broker is the entity that... He takes care of investing that money for you.

[25:43] If you want to create an account then you enter www.lq.com and come here where it says To create an account, tap the "create" section. account and it will ask for your email, let's go Let's enter an email address.

[25:58] Password and we'll register now Look here, that's very important because You need to enter your real information. Let's say we're going to put our Real information Sebastián Rodríguez We're going to put our phone number in.

[26:12] Let's say from the Dominican Republic and Let's put in a phone number and you have to Enter your nationality, we'll search Dominican Republic man and we went up the

[26:24] information once you are inside the platform look this is my platform My personal dashboard, Sebastian Rodriguez Here you'll see the accounts that have the amount they have your trading accounts and absolutely

[26:38] Everything is in the dashboard section, but let's go to say that you want to create an account First thing you have to do to create An account is where you deposit funds; you need funds to be able to invest in trading and Here when you go to the Add section

[26:50] funds It is for depositing funds within From the broker, let's say you want Deposit $100, you will add funds Here you select the method if you want Add funds using cryptocurrencies or by credit card and let's say you

[27:03] Do you want to add $500 to deposit in the broker, since these $500 that you Your deposits will go directly to your You're going to deposit it into your investment account. Here's the deposit to your trading account. Then you have to put your number

[27:16] phone and then your credit card Once you do that and have all that It's waiting around 2 to 3 minutes enter your credit card details You can trust the entities 100% or Brokers where you use your credit card

[27:32] They're literally only going to take out the $500 or $1,000 that you put in and they're going to put it in your account, that money is now going to be taken out here in my wallet and it's going to show up here You have $500 once you have that $500 Now you have to connect those $500 with

[27:49] the application that will allow you You already have the $500 deposited to invest Within your broker, you will come here to why metatrader account use to invest that I'm going to You're going to teach us how to operate it right now.

[28:04] To create an account, click the button. To create an account, you will choose one of I recommend these types of accounts to you. Well, at least the one I have is This is institutional, but for this You need to deposit more than $1,000 if you

[28:18] If you want to deposit less than $1,000, you can use this standard and if it is an amount use this standard and if it is an amount between $1,000 and $1,000 this Pro that has better commissions because remember that These entities earn money from...

[28:30] You invest within the market, they... They will charge a commission depending on the They can charge you depending on the size of the investment $10 $1 if the investment is very large They can charge $100 but when you already They charge $100 because your investment is

[28:44] very big then $100 is a minimum percentage with respect to what You're investing. Everything will depend. of what you're going to invest here, this What does "spread" mean? Is that the commission that... They charge here, they would charge you $ for

[28:57] Each batch that you open, the batch is a investment unit that I'm going to show you How to calculate it now after you already Create your account here, you have to choose Leverage is a bonus that brokers give you or is it a

[29:11] investment form they offer you where for every dollar you invest They would be putting in $100 or $200 or 300 Depending on the number of Leverage means that if you have a leverage 1 to 10, that is, leverage

[29:24] which would be, how do you say, leverage In English, a one to ten leverage is you You would have the ability to earn $10 per every dollar you are investing You would have the open space of a total of $10 for every dollar. Generally,

[29:38] People choose high leverage which allows you to risk a little more With your account, you could earn $500 per every dollar you're investing doesn't This means you're now going to invest $ and You're going to earn 500, it doesn't work that way

[29:52] but you have the ability to increase your earnings level risk, let's say you're going to deposit $500, you tell him the Pro account. Well, that would be the standard one because the minimum is $10. Pro requires a minimum deposit of

[30:07] $1,000 and then you click on create an account Once you create the account, here you have it. You only need to deposit the funds you put here in the wallet Look at that in the account you created. The account has an account number and

[30:20] It also has a password, and that account number and that password we're going to put it in our app which will allow us to invest because the The way it works is like this, you You create an account with that broker.

[30:35] It gives you access and that access code You're going to put it in the application that which is the application where you le You're going to give orders to that broker, to that entity you want to invest in what Wait, if you want to close it now

[30:50] that application, and that's why you have to record the data that will be sent to you Use it from here, here's what you get You can change your account number here. Your password for that account number And with that you'll gain access to this

[31:05] you want to withdraw money, the money that you You won. You just have to give it to him. here to the withdraw button and on that button from withdraw you will be able to withdraw your funds either to the credit card with which you deposited into an account

[31:18] Banking or cryptocurrencies. It depends. that you choose. And that way, it's over. You deposited money into a broker The broker will only be useful for money, but not on this broker's page. You're not going to do anything else, you just have to

[31:32] To register your account, you will be asked to send some data such as your a real person When you create a Account for the first time and that's it, this is deposit money into a broker to remove here in the part of

[31:46] withdraw the good thing about this type of entities is that generally the Withdrawals are almost instantaneous, let's say. that you earned $500 and want Withdraw them because you need the money today you simply come here to the part

[31:58] You can withdraw your money in a few minutes. The money will arrive within minutes. your bank account or your wallet cryptocurrencies, whatever you want here in the withdraw part already literally with So you already know how to create an account on the

[32:10] broker, but once you created the account in You need to connect that account to the broker. Let's open the investments now, we'll see What is that application now? Let's go Saying you have an Android or an iPhone The truth is, it doesn't matter, it could be anyone.

[32:25] From the two phones you will enter the app store and in the app store you'll search the application that is called Metatrader, that's the application that you will allow investments to open up in the Trade either metatrader 4 or metatrader 5

[32:40] broker mainly some brokers They have Met tader 4 and another metat 5 but Both applications are exactly the same. They're the same. The thing is, one came out... a little before the other one and that's it, but In both, exactly the same thing is done.

[32:53] The two are the same applications in We're going to take this opportunity Metatrader 4 once you download the You just have to open the application You press open and when you open it it will to come out something like this. This first

[33:06] tab where it will tell you to open a demo account or open a real account A demo account is an account that is used to practice, let's say, within Throughout the course you are using these concepts you want to practice not with your

[33:19] You have no experience and you don't want to You can invest your money and open a Demo account. But if you already have an account Let's say you opened an account of investment, you come here to a real account or existing account, let's say you're in

[33:33] Oanda, you're going to look for the broker's name. and the server the server reached you Your email will tell you if it's server 1 2 3 let's say it's server one You are going to enter the access code that you They will send a code to your email.

[33:46] investment account but let's say that you want to open a trial account To practice, click here to open a trial account you're going to choose the test account server and you're going to Enter your name, then enter your number

[33:59] phone number, your email address, you're going to put that You want to trade forex and remember what I generally always use the most large one that allows me to put a let's say we're going to deposit $1,000 that are $1,000 of fake test and

[34:13] Let's register once it's already done Register. Let's click accept and we'll It will lead to an interface like this. is the main interface of this What does each thing mean and how can you use the first option that you

[34:28] The available quotas are shown in this option. The assets. Here we see that we have the euro dollar here we have the GBP USD of The second option would be the free one. sterling, which is abbreviated as GBP here We have the USD JP and as a third option

[34:43] which would be the dollar with the Japanese yen Here we have the dollar with the peso. Canadian the Canadian dollar then We have the dollar with the Swiss franc, which It's the CHF, everything you use We can remove everything from here, let's go

[34:56] Remove all of them and leave only one. we select all, we press delete and We're leaving this Euro/dollar and we're going to leave This other one, just in case, is the first option What we have here that comes out is the one that It says spread, what it says spread would be

[35:10] the price where you'll get the graphic Notice that there are two prices here There's a price that says 1.04 270 and then a price that says 1.04 275 Notice that There's a difference of five, that's the The spread is the price of the

[35:25] real market and the other one that is at the Right is the price where you can Enter the broker. Remember that the broker Earn a commission if it's worth $, maybe not They're going to sell it to you or they're going to sell to or with a penny and that penny

[35:39] That's what they earned in commission and That's the spread, the commission that will be The broker earns money for opening your trade. But here we observe that the euro dollar This broker has a spread of five That would be five figures to the right

[35:52] that they are earning in commission, that's would represent in $ depending on the commissions once we already We identified that spread here in the In the top right you can search for the pairs Let's say you now want to invest in the

[36:07] dollar with Japanese peso you're going to look USD JP and you're going to add it to the button green and it's already added and it will appear Here we'll then have the part about A chart is a small graph that It's not really used for analysis

[36:21] We're going to analyze, remember in View all our investments They will be analyzed in TradingView Here we're only going to open the investments, but in the Chart section it's just to look at this graph, no

[36:34] Just observing will be extremely helpful to you. Now, really analyze the graph if it's going to Will it go up or down? That's on TradingView. Then we go to the Trade Esa section part where you're going to open the operations if you want to open one

[36:47] To perform the operation, you press the plus button and here Operations are about to begin and there are several concepts that I want to teach you In this part, if you analyze that the The price is going to go up, you have to do a purchase where it says Buy if you analyze

[37:00] that the price is going to go down, you have to Make a sale where it says "sell" because Remember, you're talking about two Foreign exchange: you can buy dollars paying with euros OR you can buy euros paying with dollars to buy Euros

[37:13] Paying with dollars will give you blue button and for you to buy dollars Paying with euros will give you the red button that would be Buy and sell when You buy, you are buying the first one currency with the second and when you sell

[37:25] First, and this is how it works, now we're going to to say that we want to buy because we identified that in the price in the market price was going to rise in the that we place to do it in one

[37:39] The correct way, the first thing is to Stop. The stop loss is the point at which... the price is returned to the address that You had, you're going to stop losing, us money and you lose it, let's say you You want to invest $10? Then the Stop

[37:54] Loss is going to be when you're losing $10 Your transaction will close automatically Because if you don't have a stop loss then would start losing all the money that You have it in the account until it reaches zero if you go in the opposite direction because

[38:07] we can invest 100 stop loss the The word "stop loss" means to stop. You lose if you buy and say that the The price is going to go up and the price ends going down instead of up you have to to have a point where you say, "Well, if..."

[38:20] I start losing $10, which is the limit of The loss I have is closing on its own and the The investment closes and the broker has already closed investment, and that's what the Stop loss is for. Then we'll have the Take Profit. Take profit is going to be the point where you

[38:34] Do you want to stop winning, let's say you You're risking $10 and your goal is earn $2, earn double what you are taking risks because we always we're going to try to risk less than we We are winning and winning more than we

[38:46] Why set a Take Profit? Because if so For example, you don't set the Take Profit, maybe. until the price reaches the point where you You were waiting and since you didn't put take You want it to be that once you The operation is earning $ and will close in

[39:00] automatic the deviation part never We filled it, we need it, I don't know. tool for experts or professionals, but not even I Place a buy order. Still We're missing a part that's very

[39:14] important and here I want you to lend me Pay close attention to what it says 1.00 is what we are going to call Lot size, that's what will define how much money do we lose or how much money We won. And that has a formula.

[39:27] math that I want you to learn You're going to go to your calculator and in your calculator the calculator option Let's say you have $1,000 in your trading account of those $1,000 you you want to invest

[39:39] $50 So you're going to put in $50, you're going to set the stop loss pips which would be the unit of measurement in the Stop loss depending on the size of your stop loss Let's say your stop pips are eight. Your stop measurement is eight. You're going to

[39:55] divide 50 / 8 And you're going to run with whatever result you get. One point to the left gave you 6.25 You're going to move the point to the left that I would be 0.62 always the point to the left

[40:10] Let's take another, easier example Let's say you want to risk $100 and Your stop measurement is 7, you're going to Dividing 100 / 7 gave you that Dividing 100 / 7 gave you that 14.28 You're going to the point, you're going to move it

[40:26] one side to the left and it would give you 1.42 and that 1.42 you're going to come here to metatrader and you're going to put it here 1.42 at this moment. If you use a

[40:38] lot of 1.42 and you make a purchase or You make a sale and you're the only one who loses out. You'll lose $100 if you make a purchase and You put in double what you are By taking a risk, you'll win $200. Let's go Place a purchase and this is what it would look like.

[40:52] open operation Notice that it says -7 and You open the operation immediately. It begins with a loss. Generally, the operations start at a loss because The initial loss is the commission you pay The broker is charging those 7 that you

[41:05] You're losing was the commission you They charged for opening an investment that if If I lose, I would lose $100, so... It works, you'll see it says Euro Dollar It works, you'll see it says Euro Dollar It says you made a purchase of 1.42 lots

[41:19] lot is the measure of risk that you Depending on the size of the batch depending on the size of the loss or gain Then yes yes Now you'll see that it tells you up above. Your account balance is 100,000.

[41:31] It says equity, that's the balance it has. your account by subtracting or adding the profit or the loss and then we'll see the margin, this would be you risking that money the amount of money that you could take the risk again because you

[41:44] You can open multiple investments at the same time. time but have $1,000 Brokers won't allow you to open all the investments you want because that you end up with zero, but there is a margin that they allow you to invest

[41:57] extra when you already have an investment The euro-dollar exchange rate is currently open. losing $7 and $1 if you want to close that investment because you know it's no longer going to nowhere you leave her pressed and Click where it says Close position and here

[42:11] You press the yellow button that says Close and Your investment has already been closed by the broker The broker has already closed the sale and it's a profit. Or you'll lose that money, you'll see it. reflected in the broker both here and in the application as on the website of

[42:25] Exit the deposit. Remember that's it. We made an account with play money $1,000 trial dummy only to try it and it will come out -7 because We closed this purchase in the euro. dollar with -7 in this part of the history

[42:40] You will get the total of the losses. and the profits from the days of the weeks of the months of everything that you you'll be doing with your trading account And here in the last part, the part The settings will show you the

[42:53] Your account details will appear Your name will appear, and your account number will be displayed. everything you need to know besides How to improve your interface, you can put it in Spanish or in any language that You can change the color of the here.

[43:05] graphic the color of the application all This is the customizable part. You don't have to do absolutely anything here. And it turns out that with this application Metatrader is where you're going to open and you're going to Remember to close your investments in your

[43:17] You are going to analyze the trade on your computer. You're going to analyze whether it's going to go up or down Go down to the broker's page, you will deposit the money because the broker is You do it on your cell phone, but the broker He is doing it in person and in the

[43:30] mobile phone through the application From Metatrader you will give orders to the You want to sell and all the orders are You give them through the cell phone, not through the We only analyze whether it will go up or down going down the phone is what they are given the

[43:44] We have already placed the investment order with the broker. learned about the platforms Metatrader account: How to open an account in a broker and especially how to open one Start opening up crazy investments Because now we're going to the good part, to the

[44:00] part where you learn how to analyze if the Will the price go up or will the price go down? tools that I have to teach you and that you will learn throughout This tutorial, since we learned how Use Trading View. Remember that

[44:14] The entire left side consists of parts of tools So let's learn tools but the tools main ones that you will be using when we talk about distance in the real world we can measure it

[44:28] in kilometers in meters in centimeters But when we talk about distance in Trading is measured in pips, meaning that if we put a ruler on the screen and We would like to measure the distance from this blue line that I just drew

[44:42] we could say that this blue line It measures 20 cm, just like it measures 20 cm in the world We're going to measure in centimeters. measure in a unit that we will call pips pips pips if we draw

[44:58] This line because the graph dropped all the way down. This rule will help us measure the pips we place from the from the beginning of the line to the end of the line and we see that here it says 14.9 This is 14.9 pips for that move

[45:14] It was 14.9 pips. Let's look at another example. Let's say we want to measure this other one blue line because the graph went all the way up that blue line that I drew and We measured it from the beginning, we love it and it We'll take it to the end and see.

[45:29] What does it say here at the top? right right 21.6 That's 21.6 pips with this tool because we're going to measure based on pips the Stop loss or the Take profit by

[45:43] For example, let's look at the price here. graphic If you see all this here, it was because the The price ended up going up. So if We want to measure how many pips the price We want to measure how many pips the price We put it up from the beginning until

[45:57] From the end, and we'll see that it went up 21.7 pips and this is going to be the tool that distance within the graph is This tool will only be useful to us to find out how much the price moved in different periods of time but

[46:12] Now, understanding this, first the part most importantly, and what is crucial for Our goal is to understand what those things mean. little green squares and these little red squares that we see within the graph little green and red squares that we

[46:25] something very important that I need you to Pay close attention when they are green This means that the price at that moment It went up when the squares are red. This means that the price at that moment He ended up going down each little green square.

[46:39] that at that time the price rose every The red square means that at that moment the The price dropped when you saw this. Let's zoom in a little bit on this The little green square means that in that At that moment the price went up, and all this and

[46:51] Then the price went up a little bit. Because notice that the little green square is smaller and here the price went up all this went up all this went up This happened when the price started to fall It started to turn red

[47:03] Japanese women. Remember that we are... Analyzing the candlestick chart We will always be analyzing not the not the line graph, not the area graph

[47:15] candles when we light the candles we see that the green squares mean that the chart went up at that moment and the reds that the graph went down we see here The chart went down here. The chart went down. Here the chart went down, and here it went down.

[47:27] But we see that there are some who are some are big and some are small The price hasn't dropped much so far. It only lowered those that are large numbers mean the price went down strong that went down very quickly in that

[47:40] The green squares indicate that The price is rising and the reds that The price is going down, that helps us to we to identify the trends When the price is going down, we The euro is in a downward trend

[47:53] The dollar at that time has a trend bearish because we see that the price is going down or for example here in this square we see that the circle I am enclosing the price rose from this point to At this point, the price ended up going up.

[48:07] We want to measure how many pips We went up, then we placed our ruler. From beginning to end here Up above, we see that it went up 130 pips. Pips is a lot, meaning the price It went up a lot if we want to measure by

[48:22] For example, how much did the price increase from This point to this point measures This point to this point measures At that point, the price rose by 76.7 pips. 76.7 pips let's delete all this la la Japanese candle It is composed of the

[48:38] Next, we're going to make a little square. It consists of the following Let's say that's a candle Let's give it the color green, Japanese because it's a green Japanese candlestick A Japanese candlestick looks like something like this and not

[48:51] I know if you notice that the candles Japanese women have something like a stick at the top and They have a stick At the bottom, all of these have something like a stick. At the bottom, all of these have something like a stick. very skinny below those abs

[49:03] We're going to call those sticks the wicks and the part that has color we are going to Let's call the body of the candle put it here here we have the wicks, what are those sticks? skinny ones and this is the body of the candle

[49:18] The highlights signify the price where It existed previously but could not be maintained because the Japanese candlestick works next way at the moment moment in that a Japanese candlestick opens, so It has no color as it goes

[49:32] Let's say at the moment it opens that has no color Opens towards The price went down instead of turning green It will turn red, and that's how it works when Open. Open without color. Open like a... black line. But when it starts to go down

[49:47] It starts to turn red when it starts to rise from the opening price. Then it He goes to the other side and starts to turn green when you see that The candles being green means that one Once it opened, it started to rise when you

[50:01] Notice that the candles are red means that once opened began to descend But They'll always open like this, without color, without no direction, no size no direction, no size They open in neutral; if they rise, they gradually become...

[50:13] green, but if from the opening price They're turning red underneath and this rise And the descent doesn't depend on us, it depends The price of the currency depends on the A country's economy depends on how much whether it is being bought or how much it is being bought

[50:27] demand that we will be learning a a little further on but at that point Whether it goes up or down will depend on the color that then defines why he does these sticks up and down, let's say that The Japanese candlestick opened when it opened

[50:42] It started to go up and up and up and it got green green green and went up to this But before closing, he managed reach this point as a peak point But before closing, it seemed to start lowering the stick again means the

[50:55] point Where I had been but couldn't Maintaining all of this rose up at the time But the force was not enough to staying up here and ended up coming down That's why he left me this little stick that we're going to... to call Mecha but let's say that

[51:08] The opposite happened; it went down much more. strong and at one time was big but Before closing, it became very small. Since she was very small, all of this... It's going to be Mecha, Mecha means everything the point where this green candle was

[51:24] but it didn't hold up, and as we see that He returned, he's going to leave a wick, but if it returns below the point where He opened. So now the fuse is going to be giant upwards and will change color because it has now passed the point of

[51:39] The entrance is now going down and Now it's going to be red, but if it started to descended very steeply and reached this point low, but it couldn't stay that low He's going to leave me another mech, but this time from the opposite side indicating that he tried

[51:52] I tried to reach that point, but I couldn't. to maintain and ended up returning and Closing this at that moment is the Let's look at the analogy of a Japanese candlestick. Here's another example so you understand perfectly because that topic is very important and

[52:05] Let's say it opened at 11 in the morning a new Japanese candle the Japanese candle It started to go down really fast. It reached a point of importance and as

[52:17] Give back a little bit, it's going to have a wick which will indicate up to the point where It arrived. But if it went back too far so much so that it passed the entry point We're going to have to when it passes the point

[52:30] enters and turns to the other side It changes color and turns green, but if the moment it turned green it went up a lot and that steep climb couldn't keep it to leave another wick towards Upwards, and that's how the candles are formed

[52:43] Let's analyze how Japanese women look in the In the real market we see that these sticks skinny are the highlights and the body or the little square that has color, we're going to Let's call the body of Vela, let's see here, look If we analyze each one, we see that

[52:59] To find out the closest thing, look here, here It opened and started to go down, and that's why it It turned red again and look, it's still going down. The market is currently open and It keeps going down as it keeps going down It's turning red, red, red, and look.

[53:13] If it starts to be returned, then it will go Leaving a wick, let's see it here in this temporality look here for example now The price is still open and we're going to observe in real time what is happening happening with the price at that time

[53:28] Notice that it started to drop sharply, didn't it? He was able to maintain that position and finished leaving one wick then the next candle that opens right next to it started to go down and didn't stay there and then He returned it. And look, now it's green.

[53:41] He is currently at this level, and why not? It stayed there, look what it left behind. the price was steadily increasing going down going up going down if it can't be done It's that it's going to leave a wick, which is what What's happening now, Fense, what is it?

[53:54] leaving a wick leaving a wick made here because it has not been possible to maintain in At that point, here we see a time that we see that counts seconds and when it Time's up here on the right. the time when the candle will close the

[54:07] We'll choose the time here if we give each one minute The candle will last a minute if we... We give each candle 5 minutes, it will last 5 minutes, for example, look at that here For example, the candle will last 5 minutes.

[54:22] We see it open and close in 5 minutes. That opened here and here is the time that It stays open, like the... 1:07 would leave him with 2 and a half minutes to that candle to open or for that candle To close in this case would be to close himself off

[54:36] There would be 2 minutes and 20 seconds left here. 16 seconds, 15 seconds, and at the moment It will close at that time. point and another one will open right at the We'll look at that side in a minute so that You see how fast it goes by, here he has 4 left

[54:50] seconds and notice that once it closes is going to open another one right next door without color Because it doesn't have an address yet It has no color here. Look if It starts to rise from that point on. It's going to turn green, but if it starts to

[55:02] Going down will turn red, and that's how they work We'll see about Japanese candlesticks. when it's red at that moment in The specific one is going down, but if now the The price is returning, let's see if it... the price returns to the entry point

[55:14] The entry point is this right here if the The price has now surpassed that entry point. It's going to turn green and the Japanese candlestick It's going to change from red to green, let's see if it does. return keep 21 seconds 20 remain

[55:30] seconds until that candle closes, let's go Let's see if we can return from that point. entry which would be here or the point of The candle opening will turn green if it goes beyond this opening point if it Time runs out, then it will open

[55:45] a new one right next door in TR 2 1 and Look, a new one opens and notice that this one Before closing, it turned green because This one doesn't have a color at the moment but If it goes down it will turn red, and if it goes up it will

[55:59] It's going to turn green, let's see what color. HE green and since we are in the seasonal Each Japanese candlestick will take one minute to...

[56:13] last a minute, a minute to open and in Close, notice that now it went towards down hard then, that's why it got red and as it was here at the time Up above, he left a wick every time he price visit a point but it's not possible

[56:26] Staying at that point is going to leave me with a Wick and depending on where it opens Y Where it closes will determine the color here The color right now is red because the The price opened and ended up going towards Look down and notice that the candle has already closed.

[56:39] She opened another one, it has no color, let's see if It goes up here, it ended up going up and that's why it It turned green again, that's how candles work. Japanese women, if we now give them a Let's zoom in a little bit to the a one-hour time frame that I am in

[56:53] One hour means that each square It took an hour. This is what happened in the price at that hour if I place the mouse Look at it here, right here in that part here

[57:05] I place the mouse here and see that below... Down here it says, look, January 29th Down here it says, look, January 29th from 2025 at 7 am those 7 This means that this is the 7 o'clock candle. as I am in the temporality of a

[57:20] hour each square each Japanese candle It will take one hour to open and one hour Enclosing this is going to be done, it's the one about 7 When it's 8 o'clock, it will open Next, and when it's 9 o'clock, it opens. Next, and when it's 10 o'clock it opens

[57:34] the next one because each one represents what the price did at that time Here, for example, if we analyze more than We can see that on January 27th at 8 In the morning, the price... what it did was which started to rise. Here we see that on the 9th

[57:48] 9 a.m. the price is like It went up, it went down, and in the end it sort of ended in the middle but then at 10 The The price rose sharply during that time then At 11 the price rose sharply in that The price went up at 12 and as

[58:01] that at 1 pm we see that the The price remained neutral because closed in the middle went up couldn't It couldn't be maintained, it was low and It remained in the middle, then we see how at 2 started to go down, at 3 it started to go down

[58:15] A little slow because it started to create small candles and suddenly at 11 Something happened that night and boom, the movement It was super intense within the schedule of Price volatility: It moved very strong if we zoom in now

[58:31] Looking outwards we observe the following in that time frame we have that the that time frame we have that the Price goes up Goes down a little Goes up Goes down

[58:43] It's in here, it's the same as this the drawing I just made for you and what This means that at that moment the price It went upwards, it went upwards. It had an upward trend and that in this The moment I just locked in the price

[58:57] Let's fix that the green candles that We're going to call buying candles because when the price goes up, it's call candles for sale because when the The price is dropping, we see it's selling.

[59:10] even though they end up going up here price even though it eventually goes up more What goes down always comes up, and so on. "A little bit" means the price fluctuates. Price pullbacks in the market Never It's one-way. It's never...

[59:24] downwards but is represented from the The following way it will go up and give A pullback is going to rise and give a The pullback is going to rise and give a The price pullback will always be This will never go up completely straight

[59:39] and it's going to keep going up all the time It will always go up in one direction. back up back up setback will always have the same direction is going to start going up, it's going to give The reversal is going to start going down, it's going to give

[59:51] reversal if it starts to go down, it goes down and gives low reverse and gives low reverse process and The price never retraces. linear direction, for example, for the Those who know about Bitcoin know that the Bitcoin is above $1,000

[1:00:05] But before reaching 100,000 then It drops to 70,000 and then rises to 880,000 and then it drops to 75,000 and then it goes up to 90 then it goes down to 88 then the price rises to 100 It keeps going up and down because

[1:00:20] No market has only one direction. Markets are volatile; they go up and down. Price depends on many areas A simple example I'll give you, let's say... a country's economy if in the United States There are few unemployed people.

[1:00:34] That would mean the dollar should rise and when we see that the dollar is That going up will be reflected in the chart shows a strong upward trend but Let's say a war comes or that... a global economic event such as

[1:00:48] Coronavirus is a disease that would be bad then the price would go down in the economy and all the time through the measures and the decisions that governments make They do, let's see what happens, it goes up and down. It goes up and down, up and down. But it

[1:01:02] The important thing is that it's going to rise more than that goes down or will go down more than it goes up But one of the two directions goes to Having a few days will raise it more than Having a few days will raise it more than It's going to go down on other days, but...

[1:01:14] Sometimes not so much, other days it will go up but maybe not so much but on the level maybe not so much but on the level general this circle that I am going to enclose He's telling me the price is rising despite the steep climb

[1:01:26] and it goes down, it goes up sharply, and it goes down a little bit It goes up sharply and then down a little bit in the in general the price ends up going up And that's what we're going to look for. So, to summarize this part... Japanese candles will have colors in

[1:01:40] You can give it to him without any problem. Double-click, select settings, and come on. here to the symbol section and change the You can put the green ones in. when they go up instead of green they are

[1:01:53] blues to put that they are Blues you can make the green ones yellow and You'll see. Look back how the world changes. In my case, I leave them green and red because it is very easy to identify When they are green or red it is much more

[1:02:06] It's simple for me; I leave them green or red. And that's it, but there are people who post them. I used to put the blue ones all at once. color you simply identify When It goes up and when it goes down, and the color... Don't... Don't complicate things too much if you want to add a

[1:02:18] color designed to your style then Just do it, but I prefer leave it any color in this case the default color which is green and identify when the market is rising and red when the market

[1:02:31] It's going down after this, which is already We understand that these are the closed seasons Japanese and how they work we have to learn a very important concept to define when the price is rising when it's going down and the parts

[1:02:44] important to know when it will go up or when it's going to go down, let's see. Next, many times the price makes the difference. Next, reach a specific point And at that point there's a kind of barrier which prevents the price from passing

[1:02:59] It's like it arrives, crashes, and then crashes back. and these types of tools are returned to identify when the price is going to will it go down or go up and this type of tools can be identified within the price through Analysis

[1:03:14] Technical analysis is our job analyze the graph and based on the tools that we are drawing inside From the chart we can see if the price is going to tools that we are not going to applying to this chart are here in

[1:03:28] The left side consists of simple drawings. placed by us that are going to to show whether the price is going to go up or down going down and based on this there is a concept Very good, we're going to call them supports and resistances the price works from

[1:03:42] points above and points below that will to be reactive points and we're going to focus because there are so many of these points throughout the graph we will set the next price in At certain times it will reach a

[1:03:57] point where it won't be able to pass try to get there and it's going to turn back try to get there and it will turn back and It's like he won't be able to pass, period. The same thing is going to happen underneath. will arrive and will return, will arrive and

[1:04:09] It will be returned, and sometimes it will be... break that point and then use it Then it will come from the opposite side, and not He will be able to pass through and then he will arrive underneath and It will not be allowed to pass and it will end Returning these points to a new one is

[1:04:24] supports and resistance and the way in The one we're going to learn is going to be a very simple ecosystem of learning that I have created which is the floors and ceilings are very much like many People use it that way. And it is

[1:04:36] In this way we are going to imagine that the price behaves as if it were a house, a house that has 100 levels level one level two level three level four level one level two level three level four level 5 and there is a floor and there is a ceiling

[1:04:51] Let's say this is you if now You yourself are on the first floor of You yourself are on the first floor of the house you are standing on here on the floor If you jump onto the roof you're going to crash with the ceiling and when you fall you're going to fall

[1:05:04] to the floor. But if you jump to the roof and You open a hole in the roof, you go now break that ceiling and what used to be Your ceiling will become your floor, and if You jump and fall again, you're going to fall on the floor and you won't be able to get past that

[1:05:18] floor Unless you break the floor and you go to floor number one again and if You jump and open another gap You're going to the second floor, but if If you open another hole, you'll fall to the floor. Number three, what used to be your apartment

[1:05:33] Number three is where you're going to fall when you jump, and that's how they work Supports and resistances will be floors And roofs are going to be areas where we're going to see that the price is going to try to reach and He will not be able to pass and will be turned back

[1:05:46] We'll see what's coming, it's not going to going to pass will be returned and then it will Trying to get there again won't work pass and it will return and it will happen the same always until the the moment it breaks and goes back and

[1:05:58] Now use it as a floor, that's what it's going to be the supports and the resistances and so on They will be represented within the graph Let's look at another example; here we have a roof here We have a flat if the market is

[1:06:12] It can happen, it can't happen It means there's something here. allowing the price to pass and We're going to take advantage of that. something because when I come back and play What are we going to expect in this

[1:06:26] the moment the price drops because we saw that in the past every time he touched that The point dropped, and if it doesn't drop when it arrives... but it breaks now let's wait Use it on the opposite side because It's the same thing he's done in the past.

[1:06:39] Let's see how it would work and how it... I'd see this in the live market, let's see I use the following for this tool: horizontal lines if I place one horizontal line here and then I place a horizontal line here and then I

[1:06:54] I'm placing a horizontal line. Here we're going to See how it works, look at this, check this out If we get closer Here we see that the price is like... He tried to reach this line and couldn't.

[1:07:08] So he went back later He tried to reach this line again, no. He managed to get past it and went back, he tried to arrive again and this time she was able to get through But look at the new ceiling here He reached that point at the top and couldn't get past it.

[1:07:21] and it was returned and now what was once the roof this time now moves to lay the floor and then return later touches the floor again and returns. Then he seems to touch it again and it

[1:07:33] Remember the topic of the highlights? We were talking about a little while ago, look. This wick touched it and came back This wick touched it and returned, it touched it And all this was returned; these are going to be apartments. and ceilings and the price will always go

[1:07:47] moving from a ceiling to a floor of a ceiling to floor and notice that each time which touches on this point that we can point out Here it is, it returns here it is and

[1:07:59] Here it is, it returns here it is and He goes back here, he touches it and goes back The same thing happens every time, and look what... It happens when it breaks, when it happens to Through it one now returns and it Use the opposite side because they are

[1:08:12] floors and ceilings is a house of many levels and if we go back in time, notice that The same thing happens in the past; he touches it and it Come back, let's go, look at that precision! He touches it and returns to a new roof. It touches and returns. If we look at the previous

[1:08:28] Notice that he's playing here and he's It returns, it touches, and it returns; they are floors and roofs and the prices have floors and unlimited ceilings throughout the price

[1:08:40] roofs that we are going to use as tools for us to identify For example, here at this point we're going to go placing different ones each time we see a point that the price cannot pass We're going to go here to the tool of

[1:08:55] horizontal line and we're going to place it on points where we see that the price does not It can happen and it's playing several times We'll continue adding some more. we're going to place one per Here and here we're going to put one over here

[1:09:08] every time we see points where it touches several times and can't get past it There might be a floor or a... roof, look here there are floors, there are roofs I think we're going to put another roof up here. we can put one here because

[1:09:22] We see that it touches and returns, it touches and returns returns and if V throughout the The graphic repeats the floors and ceilings being used for example here I I'm going to, I'm in We'll see in January 2024 because

[1:09:37] To go further I would need the plan Premium before they allowed you to do Those Premium plans that you They limit you a lot, that's why I told you at the beginning. from the video that if you can pay the $ that The Premium plan costs money, so pay for it.

[1:09:52] because it will help you a lot, but let's... to say that we left at the beginning of the year from 2024 and let's begin to observe from the current date in the current date in the 2025, how it works, and let's see each time that

[1:10:05] Touch the floors and ceilings. Here we see that touches this ceiling and turns back and touches This floor. Here we see that it touches the ceiling and It has problems in passing. Here we see It has problems in passing. Here we see that touches the ceiling then goes down, goes up and it

[1:10:20] Use it from the opposite side, look at it from here return then we see here that it touches the ceiling and goes up to the next floor and

[1:10:35] then goes back to the next floor as if It wants to bounce but it doesn't; instead He breaks it and uses it on the other side bouncing and going to the side On the contrary, again, and we'll find a succession of floors and ceilings that

[1:10:49] It always ends up being used, let's see why For example, here or we see over here, here it touches the roof and then breaks the floor and We use the roofs as a roof We're going to call them resistances and the We'll call them supports

[1:11:04] you hear about supports and What we're talking about is resistance. floors and ceilings here are the floors I feel that when you touch it, it returns strong and breaks the roof and now it used as flooring, the floors become

[1:11:19] roofs and the roofs become floors and We'll see that throughout the graph We'll see that throughout the graph The same thing happens throughout the entire year in 2005 The same thing happened and there is possibly a 2005 ceiling. If we go to

[1:11:32] 2024 is using it and the more The roofs and floors are old It means that they are stronger. Because if There's a ceiling from 2001 that's still there being used in 2025 means that very strong and that there is something that

[1:11:45] It happens there that it doesn't allow the There are resistors to prevent this from happening. And we're going to take advantage of that. Because if we now see that this is Our roof broke and now it is possibly being used as a floor

[1:11:57] on the floor go jump to the other roof What we are going to look for is that when I break it or when I get to have it This tool to identify if the our first tool that we are going to Learning this tool is essential.

[1:12:11] to identify if the price is going to rise Or is the price going to go down here, for example? He reached this ceiling and began to descend to next floor and then broke the floor and It started to go down and now he uses it as roof and see that here it is used as

[1:12:26] The ceiling here is used as flooring and floors. roofs, floors and ceilings. Here we see that It's being used as a roof here. Using it as a roof, it breaks and returns

[1:12:38] to the previous floor that also breaks it Then I play it again and look what steep drop to the next floor breaks and then goes down to the next one floor, let's see from here below we see that Touch this ceiling, go to the next one

[1:12:52] The floor touches the floor and goes all the way to the Next roof breaks this roof then On the other side, we are going to use the floors and ceilings to identify when the market is going to rise when the market is going to go down like

[1:13:07] These were the main tools support and resistance levels, and they're going to... This will be very useful for identifying when The price will go down or up because They're going to be like barriers once we We learn this from supports and

[1:13:19] resistances we can now move on to learn what lines are trends sometimes the floors and Roofs that are horizontal will be visible Roofs that are horizontal will be visible like something

[1:13:33] When he arrives, he's going to react strongly and he's going to go On the other hand, the price will arrive react strongly and let's go to the side On the contrary, but sometimes when the The price is rising, we're going to have supports and resistances that are

[1:13:46] inclined, that is to say, we are going to to point out that although they are not completely horizontal like the regular supports and resistances but that are inclined that when the The price returns and touches these support levels and

[1:13:59] inclined resistors like that which arrives touches and returns touches and returns Touch it and it all comes back, this is going to Use depending on the trend You remember that I mentioned that the upward trends in price

[1:14:13] Up, back up, back up, up It retreats, but in those retreats there are supports and resistances that are inclined and we see that the price touches several times the same point and then it returns It's a knock and it's coming back because we're going to have

[1:14:28] two main types of supports and resistors that are totally horizontal ones like these and those that are inclined like these or for example if The price is going down, let's say it's going down and trending downwards

[1:14:42] Let's see that at the top There are support and resistance levels that are inclined and that every time it touches down every time it touches down every time it touches down That's the same as the supports or resistances but they're going to be

[1:14:55] inclined resistance supports They are completely horizontal but also We're going to have supports that instead of being completely horizontal will be The difference between inclined planes is as follows When they are horizontal, we hope that

[1:15:08] tap from below and bounce Notice that it touched here and bounced, notice. that touched here and bounced here touched and It bounced back, they'll do the same when they are It bounced back, they'll do the same when they are inclined it will touch and bounce

[1:15:21] to touch and it will bounce, it will touch and it will bounce but it's called the lines of trend because every time it touches and It bounces and goes to the opposite side But it keeps going higher and higher, it bounces and rises higher, bounces and rises higher and

[1:15:37] Let's see how this looks in the price per For example, look here, this is a inclined support or resistance because I don't know if you notice that every time the Price touches this support or resistance level This sloping trend line touches and

[1:15:50] This sloping trend line touches and It bounces hard here, it touches and bounces hard It bounces hard every time it touches It bounces hard and when it breaks it does the Notice that if we extend it, it breaks and

[1:16:05] He's using it as a roof now. For example, here we have another one inclined resistance support that We can extend that; that's an example. Perfect! Look at that! Nice, let's see. Look, here it is.

[1:16:19] playing and bouncing, touching, and bouncing bouncing, touching, and bouncing touching and bouncing and then it breaks Use the opposite side, touching and bouncing touching bouncing touching

[1:16:35] bouncing because if we extend it Notice that it continues to play in the future Now he's doing it from the side On the contrary, here it is touching and bouncing On the contrary, here it is touching and bouncing tapping bouncing tapping bouncing this

[1:16:47] It's the same concept of supports and The only difference with resistors is that is being inclined in this concept we found support and resistors are the same but in a different way inclined and this same concept we

[1:17:00] previous what we learned about supports and We have two basic resistors the moment supports and resistances basics and supports and resistors We're going to join them now, inclined, so see how they would work in

[1:17:16] see how they would work in set if I put a line set if I put a line Here we can all identify a simple given that this is a form of resistance because We see that every time the prison touches

[1:17:28] We see that every time the prison touches This line bounces strongly to the side strong opposite has the opposite side These are resistors and they are well-defined resistances because We observed that it touched the resistance and

[1:17:41] returned strongly, touched the resistance and returned strongly, touched the resistance and He made a strong comeback on the support issue and inclined resistors we are going to to fix that it will be the same but in one inclined way and if we draw

[1:17:55] Look at this. How would it look? Here it is. playing and going strong playing and going Playing loudly and leaving, playing loudly and It goes strong, but there's a point where We are joined by a support or resistance

[1:18:09] classic and a support or resistance This is a double, a double tilted resistance at this point here is a double resistance because it is touching the trend line and at the same time It's hitting the resistance. And that's a

[1:18:23] The price ended up dropping very sharply and here It's also a very strong point that makes that the price ends up dropping very sharply because every time it touches the line resistance and is combined with a line the trend ends with a sharp drop

[1:18:36] We can see these two confirmations combine and make a super confirmation Will the price go down or up because Remember, we are doing it now. whether the price is going to go down or the price is going to The more tools we use, the higher the level.

[1:18:51] By placing it at one more point we will be able to Identify whether the price will go down or if it will go up Because if our analysis shows us He says the price is going to go down, we'll put them in. tools to lower the price and It ends up going down, we do one

[1:19:03] sale and based on that sale we invest and We earn money as soon as we learn two tools: supports and resistors and trend lines and the more Learning throughout this tutorial It's becoming easier to identify if

[1:19:16] Will it go up or will it go down? But these These are basic tools, things are going to that it gets more complicated will also identify when the price is going to rise Or will it go down more effectively? Let's see.

[1:19:29] Here, if we place this line of support here we identify that when the trend ends up going up but when it breaks the trend line that Use the opposite side, I'll tell you.

[1:19:43] On the contrary, it goes strong, breaking the support and now uses it on the side opposite and once you use it on the side On the contrary, it drops sharply. That's the power of supports and resistance And if we give another example

[1:19:57] Let's look at another, simpler example. How to put a resistance line here We validated that it is a valid resistance. We see that here it touches and returns, it touches and It is returned, touched, and returned each time. that touches the line returns each time

[1:20:12] indicates that at that point there is a resistance that no matter how much the price Trying to crash, you can't get past that resistance and we are going to Take advantage of it because maybe in the future Come and touch and return. And if

[1:20:25] We identified it before it was Return that, that's possibly what We're going to invest, and that's it. where we make money now at this point specifically that I just marked here I also don't know if you noticed that there are

[1:20:39] We're going to delete a trend line Let's delete this here, let's delete this And let's erase this, we observe here it Next, here we have touch one. return touch two, return touch three returns then we see here touch

[1:20:53] one returns touch one returns Touch another, it returns here we have united two concepts the concept of line of the trend the concept of supports and resistance because I don't know if you notice if We lowered this resistance, all of this here.

[1:21:07] It's a resistance, how do I know? Because every time it touches, it returns every time that touches is returned each time it touches It returns every time it touches that point. The price I set is refunded. It means it's a good spot and that

[1:21:20] The future will also end returning the same with the line of Notice the trend is going down here touch and it returns here touch and it returns It returns here, touch it and it returns, I don't know. If you look closely, it seems super curious

[1:21:35] that every time I touch that blue line Every time he touches her, notice that he It touches it and it returns, there is one strong resistance and at the same time the inclined resistance with the

[1:21:49] horizontal resistance is why When this happens, it ends up being returned. Our job will be to identify when it's your turn and take sales when it's your turn touch because it's possible that if he did in the past, do it again in the

[1:22:01] The future that touched this and returned is It's possible he'll do it again in the future and it will also be returned, we'll see Another example, like here, if we We placed this support level, look. that touches is returned touches is returned to

[1:22:16] At the same time we can place a line How would you place it on the trend? put these points below in diagonally we see that what touches is returned touches, it returns, touches, it returns, but The strongest return is when it

[1:22:31] They join the supports and resistors and the trend lines like here, here it is playing both at the same time and by That goes very strongly and that's what we need to identify by understanding these concepts and these two tools

[1:22:43] Now we can practice what the trends and understand them perfectly when the market is rising and is creating high points and each time it is By going up this further, we will identify it like an upward trend when the

[1:22:57] The market is going down, it's creating points short people getting shorter and shorter this we will identify it as a trend This bassist thing on the left is a upward trend, this on the right is a downward trend and the markets

[1:23:10] days can be in the middle of a upward trend but some days It can be totally bearish and then change bullish and then change to to identify what the trend is because Depending on the trend, we have a good one.

[1:23:25] direction in upward trends go to predominate purchases we We want to buy into the trends Upward trends will reverse downward trends sales predominate, we want to sell in We're going to the bearish trends

[1:23:38] then set friends that the markets They operate based on trends at the time. They will have upward trends that will We'll start going up in due course. bearish trends when the price It's going down and often or

[1:23:51] What usually ends up happening is that combine we see that the market is going It was going up, then suddenly it starts to go down, but suddenly it starts to rise but once and then ours starts to rise Working as traders is going to be

[1:24:05] Identify these trends. When will they occur? to change when it's going to go up and when it's going to go First, let's talk about the... upward trends Bulls will create high peaks and Higher low peaks are going to be like something

[1:24:20] Thus, upward trends will create high peaks, the high peaks are those of The peaks at the top and the low peaks are those of Down below will create higher peaks and Down below will create higher peaks and higher low peaks higher high peaks and

[1:24:34] higher low peaks higher high peaks and tall and short higher tall higher and higher lows higher highs and lowers higher, that's what's going to happen with The trends are increasingly we are going to

[1:24:46] see that upward trends would create higher peaks and we're supposed to to look for is to buy Let's find a money emoji here We are going to look to buy what Do you think he's smarter?

[1:25:01] Do you think he's smarter? buy high or buy low buy expensive, meaning high with a very high price high or low when the price It's cheap, the smartest thing to do is Buying cheap is why it's trending

[1:25:14] We're going to buy bulls in the we want to buy these low-priced items points here when the price is We want to buy short ones. No. when the price is high because if We buy up here, it's very

[1:25:29] It is likely that after rising sharply it will come a setback. And if we buy here, yes. We say that the price here is going to go up It's really going to start going down before go back up we want to buy low and sell high in this case in the

[1:25:42] we want to buy in upward trends We don't want to buy the low-priced items Up here we want to buy here because This is where we're going to indicate that the The price will probably go up. And if so That's what happens, we're going to end up winning

[1:25:55] money these low points And these The high points will have names. We're going to give them the low points. call lows and will identify with one l the high points we'll to call highs and will identify with

[1:26:08] an H, let's make it bigger h and the we're going to call the low points "lows" Write it like this, lows, but we're going to put an L to identify the lows when The lows are higher. Because, look, This low is higher than the previous one

[1:26:24] This low is higher than the previous one and This one is taller than the previous one. High and this High, notice that this one is more This one here is taller than the previous one. taller than the previous one, and this one is taller. than the previous one every time the highs

[1:26:37] They are taller and taller and taller me defines the upward trend every time that The lows are higher and higher and more highs define the upward trend also but the highest highs let's call High higher highs or hh

[1:26:52] let's call High higher highs or hh higher High which in English would mean higher High which in English would mean taller and the lower ones bigger we're going to call it higher lows that would be lower lows if

[1:27:07] We translate this word into English from English to Spanish It would be highs higher and lower higher High higher and higher lows if we have This is an upward trend. The bullish trend is composed of higher highs.

[1:27:22] The bullish trend is composed of higher highs. which would be hh and higher lows which would be HL which would be hh and higher lows which would be HL higher highs which would be hh and higher lows which would be HL higher highs which would be hh and higher lows which would be HL in the

[1:27:37] upward trends we'll see that The highs are getting higher this high It's taller, then this one is taller, then This is taller at first glance. bullish word we can see that It means that it's on the rise, that it's

[1:27:52] rising and at first glance the word bassist we can see that it means that It's declining, that's why it's going down. In upward trends, it is normal that the price goes up the price is going to go up the upward trends and that's why we're going

[1:28:05] Let's see what the high points will be increasingly higher and lower points They're going to get higher and higher too, because That's why upward trends are present. composed of hh which would be higher High and HL which would be higher low trends

[1:28:20] Let's see what the bullish hh and HL scenarios would look like. for the bearish trends bearish trends would be totally the On the contrary, I don't know if you notice, but in the we had said that in the we wanted to buy in upward trends

[1:28:34] We want to sell the lows in the bearish stocks In the highs it's the complete opposite Instead of buying, we're going to sell. And in Instead of the lows, it's going to be in the highs. every time we have a High, what What we want is to sell, because if we're going to

[1:28:48] To sell, we mean that the price will be to lower prices and we have to sell at a high price and buy cheap and to buy cheap at Sales are purchased from the top down we buy up, we buy cheap and We're waiting for the price to drop so we can sell it for a high price.

[1:29:02] We're waiting for the price to drop so we can sell it for a high price. We buy cheap, we sell dear. We sell cheap, we sell expensive, but it's the same thing. concept the only thing that on the opposite side in upward trends remember There is a difference with the bass players

[1:29:16] Let's look at the example like this in the We bulls want to buy in We always go shopping at the low prices. We want to sell on the low-cost websites. We want to sell on the low-cost websites. sell in the highs sell in the

[1:29:29] highs because we realize that the Highs are the highest points and We want to sell high and close our operation down we must sell high and low we should always buy on the lower levels and sell on the upper levels

[1:29:43] tall, that's the way of life for Investments in trading Unlike the bullish structure that has higher highs and higher lows the structure The bassist is going to have the opposite; he's going to to have lower highs than the

[1:29:55] previous and a lower High in In English it's called lower High or lh, which would be Its abbreviation and a lower low would be lower low or L which would be its

[1:30:09] abbreviation for each lower High would be lh every time we see a High that is more lower than the previous one would be lh each time that we see a low that is lower than The previous one would be LL every time we see a High that is shorter than the

[1:30:22] Previous would be lh every time we would see a low that is lower than the The previous one would be LL, it's totally different to the upward trend that in the bullish We see that it is the opposite every time that We see a higher High would be higher High

[1:30:37] hh and every time that we see a higher low would be higher low we see a higher low would be higher low What is HL hh and HL here? We have hh here We have HL here we have hh, what is a High High?

[1:30:54] And here we have HL, which is a High Low. Bearish trends are composed of Bearish trends are composed of lh and LL upward trends hh and HL and This makes up the trends. But it's going to there exists a transition point between the

[1:31:08] lower highs and lower lows because it's going to there will be a moment when the trend bullish trend turns into a bearish trend And this is where a rule comes in. Let's start marking the highs and lows This here is a higher High because

[1:31:22] Let's say we're coming from a shorter one This here is a higher low so here We see that the following is a higher High also and that the following is a higher low if you want this little trick for Simply drag and drop and you have a Mac

[1:31:38] You press Command and drag it one higher High here and we have a higher low here and then we have a higher High but Suddenly it's assumed that if this is a an upward structure should create a higher low but it doesn't, instead it

[1:31:54] What it does is a lower low, it's a low that It's shorter than the previous one. The structure will change from bullish AB bearish when the price exceeds last higher low in the last higher low if the price passes that last higher

[1:32:10] The structure changed from bullish to bearish or the trend changed to bullish structure when you see that it says trend It's the same as market structure Market trend is talking about direction towards Don goes the price and now

[1:32:24] We see that the price now begins to create lower highs and lower lows lower low lower High and lower low That's the difference when we come from a bullish structure to a structure The price changes structure when it's bearish.

[1:32:40] It changes trend when it breaks the last higher low but now it opposite when we come from bullish to bearish, let's see, bearish bullish, sorry Let's see about the bass player now

[1:32:55] bullish how would it work we see We have a lower High here and here We have a lower High here and here We have a lower low and then we have a We have a lower low and then we have a lower High and then we have a lower low

[1:33:10] lower High and then we have a lower low Then we have a lower High and then We have a lower low but instead of creating another lower High, which does the Price is to create a higher High now begins to create aura that is not part of

[1:33:25] the bearish structure begins to create structure that is part of the structure bullish, and that's what we see. creating higher highs and higher lows here creating higher highs and higher lows here you higher High

[1:33:39] and higher low is what's creating here The price is behaving a little It's strange where it should create lower High and lower low is being created higher High and higher lows and the structure will pass from bearish to bullish when it starts to

[1:33:53] break the last lower High look What It turns from bullish to bearish when it breaks the last higher low, that is, when passes through the last higher low and the price changes from bearish to bullish when This breaks the last lower high. This is the

[1:34:08] last lower High and when we see that the Price passes through the last lower High and uses it on the opposite side Then at that moment the structure This has gone from bearish to bullish. Let's see what it looks like. What exactly does it look like?

[1:34:24] In the real market, for example, let's see here this here is a High we We need to observe the previous High This one is taller. So this is a This one is taller. So this is a higher High now we see this low we see

[1:34:38] which is taller than the So this is a higher low We see that this is the same size and When they are the same size, it is not higher Lower is not just a High, this is an H because when it doesn't have a larger one

[1:34:54] smaller size is simply a High, this here is a higher High because It's a larger High than the previous one This here is a higher low HL because it is larger than the previous one This here is a lower High and this here

[1:35:11] It's a higher low and then a higher high and then a higher High and then we see here a higher low then understanding Look at that part here, it breaks now

[1:35:23] This trend is now creating a new higher for me High, but the price now passes through from the last higher low it went strong to through the last higher low and it ends up using the opposite side Notice that now the last higher low

[1:35:38] It passed through him and began to create lower lows and lower highs here we have a lower low here we have a lower High Here we have a llow they just witness a trend reversal here We have an upward trend

[1:35:55] because it's creating higher highs and higher highs and higher lows and highs higher and lower, higher but of suddenly breaks the last higher low that This passes strongly through that last High low creating lower lows and

[1:36:09] lower highs lower lows and lower highs AND That's how the structure works Let's look at other examples; here we have one A very good example, let's look at this one here. A very good example, let's look at this one here. Here we have a High, here we have a Low

[1:36:23] We see that this High is shorter than the previous and we see that this low is more Shorter than the previous one, we see that this one High is shorter than the previous one and We see that this low is lower than the So all of this is a

[1:36:39] bearish structure but when We analyze, we see. That's good, here we see. Another High, which is also a lower High We see that now the price passes the last lower High this means now the The price went from a bearish structure to

[1:36:53] an upward structure resuming We observe that here it is creating a higher High and here it is creating a new higher low which would be precisely here a new higher low and here's a new higher High and here a new higher low. So

[1:37:09] We observe how we come from creating highs shorter. Because look at this High It's shorter than the previous one, and this one is shorter than the previous one and it is more shorter than the previous one but suddenly It starts creating highs higher than the

[1:37:23] previous ones. And that's where we changed the trend we come from a trend bassist and now we're switching to a The upward trend broke the last lower level. Highs and downward trends we said that when we come from a trend

[1:37:36] that when we come from a trend bearish changes to bullish when it breaks the last lower High and that's exactly it What's happening here? And in that way Upward trends work and bears, since for the moment we dominate

[1:37:50] the support and resistance lines of trends and we can identify if A trend is bullish or bearish if the Will the price go up or down? We want to buy at the points short because we say we bought

[1:38:02] When we say that the price is going to go up and we want to sell at the high points because we identify that we sell when The price goes AB low after having Having learned all this, now let's go learn a confirmation that will help us

[1:38:14] to help determine if the supports and resistances the structures or what Whichever we use is valid That's very good confirmation because It will depend on what's happening in The price at this moment is already...

[1:38:26] we have defined that Japanese candlesticks This is how candles work: They are green and rising, indicating that at that specific moment the price It went up and the candles, which are red, are The downward trend indicates that the price at that point

[1:38:39] at that specific moment, this ended up going down It only means one thing, and that is that The candles tell us how much strength there is. Are there any for sale and how strong is the [something]? purchase for that specific moment Currently, the candles are going

[1:38:53] What is the sales force and what is the purchasing power and there are two types of that will give us a lot of information about what's happening inside the price these candles like this one that is Here are candles of indecision and we

[1:39:08] We're going to name them doji d o A doji candle is a candle of indecision, a candle of indecision It means the following at that moment When the candle opened there were many operations that entered into purchase but

[1:39:22] They went on sale and since there wasn't one decision regarding what was going to to sell. What was the most convenient address? It is likely. Then it remained neutral. It is a rejection candle and that often happens

[1:39:36] when there are very strong areas that the The price cannot pass if we find one very strong zone that the price cannot pass and create a doji candle is me indicating that that candle has rejection and Those and that type of candles are going to be very

[1:39:49] important when we find it in important points such as supports and Those doji-type candles give me resistance. Too much information because the fuse indicates that he tried to get there and couldn't He then tried to get here and

[1:40:03] This basically couldn't be maintained That would mean there are purchases within that candlestick. And there are sales, it's like it reached a that point was strong but that point... It crashed hard and that was it returning strongly towards the point of

[1:40:16] These candles start off looking like this: way see this when we the We look in the graph for what looks like This point G is generally what's important find themselves at a support level or resistances Because if they are found in

[1:40:30] a level of support or resistance me It indicates that when the price reached that support or resistance did not have the sufficient force to pass through He and the candle ended up returning each other. Let's look at an example here, let's find a

[1:40:42] good resistance support and I'm creating those kinds of candles because For example, look here, here, if you They set this level of resistance Here is resistance, it happened and it went on to do support and now when it's on the side

[1:40:57] They have strands pointing downwards. This means they are candles whose price It went down at one point but it ended rejecting it and it was not possible to maintain everything These are rejection candles that I can use as final confirmation to the

[1:41:11] I'm in the middle of a support or Resistance is creating candles for me rejection tells me that the candles are They are trying to get through, but they can't because There is more force towards the side

[1:41:24] confirmation for me to buy or for me Let's sell, let's see another one, let's look for another one Let's sell, let's see another one, let's look for another one Let's say this example here, look here This here is a level of resistance. good level of resistance And we observe

[1:41:40] that when it reaches that good level of Resistance touches it and creates candles for me indecision candles rising sharply towards that point, but it cannot be maintained in that point and they end up going back That type of candle is strong.

[1:41:54] Indecision creates a feeling of rejection in me. a specific point and it gives me understand that the price tried to pass but he didn't have enough strength to to pass and had to return that type of Candles are very important to me because

[1:42:08] They cause a price rejection and cause that the price be refunded. And if the price That's very good resistance. confirmation for me because it gives me my entry opportunity the candles Do candles mean anything?

[1:42:21] information when we see that A candle opens and rises sharply because the market at that time and the market Forex trading moves to offer and demand if we have many people Buying candles will make them go up if

[1:42:35] We have many people selling the The candles are going to go down. For example, dollar if everyone knows the dollar He wants to, and we see that there are many people. buying dollar dollar dollar dollar dollar the The dollar price will be quoted later

[1:42:48] selling the dollar, the price of the dollar It will depreciate, and when we compare We can do that with another currency too. sum economic events decisions taken by the president or by the political party that is in power

[1:43:02] unemployment rate, many others factors, but in summary, if we observe It's strong because many are coming in. shopping right now but next to Conversely, if we observe a candle that It's coming down hard, we're going to put on the red card

[1:43:15] It's loud, it's because they're coming in. orders for sale will all depend on How many orders are coming in? But if we observe that the price reaches a resistance level like this It touches the resistance and suddenly creates me

[1:43:31] a red candle touching the resistance indicates that he tried to surpass that Resistance couldn't do it and the price He ended up turning back, going towards the opposite side and confirming that this It is a strong resistance and if we

[1:43:47] we were able to identify resistances and strong supports and we added this type of confirmations we are going to learning that thanks to this type of Confirmations the price can return it and it can give us a chance

[1:44:00] This candlestick gives us the beginning of what which we will call patterns of candles and a very easy exercise that you I invite you to literally see this Searching for candlestick patterns is a a very common concept, let's see the

[1:44:17] Let's look at the main candlestick patterns Look at this image. All of these are Japanese candlestick patterns, that is several candles that when they reach a An important point is that they give us some information. For example, look here. This is a candle.

[1:44:31] For example, look here. This is a candle. that arrives and returns and then We observe what can happen next The result of this is that the price drops. strong. Because if there is a level here of resistance at this point this is a

[1:44:44] green candle, a bullish candle then comes A bearish candlestick is telling me that There's something very serious here because the price wanted to go through that that point didn't have enough strength to passed by and ended up turning back

[1:44:57] Complete. The same applies to the area of Imagine this red candle when shopping It comes down, it reaches a point of support and the support is so strong that makes the next candle that is created be a bullish candle and this is what

[1:45:10] graph especially at the points of supports and resistances to identify that are good that are strong when You see that a green candle is coming. that goes up high, boom, and crashes into a

[1:45:22] resistance and resistance fueled the price towards the opposite side This is a good way of reading the candles identify that the price there It can go down and the same for the side On the contrary, or sometimes we see that

[1:45:34] We see candles that come in small candles tiny tiny tiny touch the resistance level and a candle is created big red. So this is also a good way to identify that there is good resistance because they come

[1:45:48] small candles that gradually lose strength and then a stronger other pattern than They're super important, it's like this. Look, this one gives me something similar to this But the candle is bigger; we have three. small green candles when it reaches a

[1:46:02] level of resistance at this point of resistance, notice when that arrives resistance level then ends falling sharply, indicating that there is a lot sales force at that level of Resistance, the same thing happens here.

[1:46:15] is it much worse or much better, the opposite? We see that there are three green candles, that's three candles that are small and then we see one Grand Dota red candle when the price point, let's say that here a resistance and this set does this

[1:46:30] candles, the only information I have It's giving... The resistance is very... strong and that the candles could not pass through that resistance and what do I do I would take advantage of that situation understanding that if I find a

[1:46:43] good operation at that moment I can take a good sale deal Because that's what the candles are telling me. Then we found candles like these that They are candles that leave large wicks but We want her to leave those streaks.

[1:46:55] large levels at support or resistance levels Since this case is green, leave it in. a resistance because the next candle It could be a red candle that gives me a good sales opportunity or in this In the case we find this red candle,

[1:47:08] It would be correct if we found it in a support Because if we find this in a that the price tried to reach that Support tried to pass it but couldn't Pass it over and the price ended turning back and making this candle

[1:47:21] same here, same here, another candle that It's very good and I like it a lot. This shows us that the price reaches Touch the support level and start creating tiny candles here. Look at the For example, he created a tiny candle

[1:47:34] Another little one, and then a big one. That one. The large candle tells me there was little little strength and then came a lot purchasing power at that time and in the the moment that unlocked all that power The purchase ended up going up, and once it went up

[1:47:47] strong at a support level what me It indicates that there is good strength of buy at that point or it can be like These little candles we're bringing are... They go in one direction and then candles of the same size as going in the direction

[1:48:01] On the contrary, that tells me that despite He wasn't that strong, even though he had the strength. enough to make the price Return that. They would be like the main ones. candles that I will be watching and that I Les I recommend that you all keep an eye on it.

[1:48:13] also now once we We identified the doji that is important. I showed you in the previous examples There is another one I want you to learn, which is that one I want is really, really, really good. Learn this, it will literally save you.

[1:48:27] correct, especially on a support of resistance will realize the the force it has to make the price refund see this I don't know if You notice this resistance that We estimate that the price reaches

[1:48:42] resistance. And then we see a candle. red that completely envelops the last Green candle. This is trying to tell me something. This tells me that this last one green candle and this last red candle that I'm being told he's very strong

[1:48:59] They want to give me some information that when the price reaches that level resistance touching the red candle is so strong that ends up being much more larger than the green one before this We're going to call them candles

[1:49:13] enveloping because the candle touched that point and the reaction was so strong that It had at that point that it ended returning completely and as it what happened reached a level of resistance the level of resistance was

[1:49:27] so strong that the red candle ended exceeding the size of the previous candle This is a wrap-around candle and this is the stronger confirmation than us we can have at the support levels or resistances if we have a

[1:49:39] level of support or resistance and we see That happens because there is a lot of force. Here, for example, look at this example here We observe that when it reaches this point There is a green candle at resistance. It activates the resistance and then comes a

[1:49:51] much larger and much more red candle strong towards the opposite side and that much larger red candle that is leaving In the opposite direction, the difference is enormous. This causes the price to literally continue Lowering that candle, he only wants me

[1:50:05] to provide information and is clear and precise that when he reached that level of resistance, the resistance was so strong that could not be maintained in that resistance level creating a candle big green one that told me that there

[1:50:18] There was a lot of sales force and that was the most The most likely thing that could happen was a sale We can look for another example, let's go find another example at a level of support or resistance, let's see. For example, if we put here

[1:50:30] This level of resistance. Look at this. It looks nice. Here we see support and then it becomes resistance because already It breaks underneath and is using him We're going to place it as a resistor Better, but I don't know if you notice that

[1:50:44] when it reaches the resistance level The candle doesn't seem to have much strength. green candle and the next red candle is large and ends up wrapping it and completely overcoming that candle what What he means is that there is a lot of force.

[1:51:00] All that sales force is coming in instantly reaches the level of resistance, which gives me great results. confirmations to identify that this The resistance is very good because after that reacts ends up dropping very sharply

[1:51:13] It's the same as what we can find in points like this, for example, come, come Let's see over here, look here, here it arrived at We're going to place the support on that support. slightly better, he arrived at the support, he created a final red candle with a wick

[1:51:28] large and then a green candle that It is larger than the last red candle. That's a good foothold, and that no matter how much the price tries to pass for He couldn't do it there, and because he couldn't Doing so ended up being returned

[1:51:42] completely and it gave me that movement Let's look at another example. Let's do this example here with a trend line, I don't know if you They notice that this trend line that We just drew the price once.

[1:51:55] This trend line touches me. Create a red candle that is much more larger than the last green candle that It completely surpasses it in size and is He ends up going to the sales area next door. And this is touching a trend line.

[1:52:09] Here we can add more confirmations We can add this confirmation, which is a low note playing, look at that support then breaks the support and It becomes resistance and I don't know if it They state that at this point they are

[1:52:22] combining the trend line with the level of support and resistance and to level of support and resistance and to At the same time, both are giving me a a candle that is larger in size than the Previous, look at it here, the red candle is

[1:52:36] It surpasses it by a little bit, which is this a little bit here but it finishes overcoming what complements the concept that the Red Candle The Super in size It is a wrap-around candle that is completely enveloping the last

[1:52:50] green candle or for example another example that What we can see here is remarkable We have one green candle and one red candle. What we can observe here is that the The green candle is being wrapped by complete by the red candle indicating me

[1:53:04] that this resistance here has a lot of strength and that it doesn't have the ability to pass through that resistance or we can see another example trend line, I don't know if you notice that There is a green candle with a lot of rejection

[1:53:17] upwards because it's leaving me many wicks and that the green candle is completely enveloped by the red candle It completely enveloped me, and look what I saw! Resistance. Here it is making support. Support. Here it is making resistance.

[1:53:32] in combination with the trend line that the only thing it's indicating to me is that the red candle the movements Bearers have much more power than the upward movements this should to help us understand better

[1:53:45] that everything we are Looking here at the price is a indication a sign of something that the Candles can speak even though We don't see it from that From this perspective, the candles tell us if the

[1:53:58] The price is more likely to decrease higher probability of going up. And that's it. We do this through candle analysis. So we have two candles establishing that for us they will be the most

[1:54:10] Important. Here I show you another one For example, look here, here we have a clear The level of support and resistance here is Support. Here we see resistance. Here We see half support. Here we see resistance and then we observe that a

[1:54:22] resistance and then we observe that a Once the price breaks that resistance... breaks it, uses it now, went from roof to floor and here being floor we can observe At first glance we see that we have a red candle and then a green candle that wraps around

[1:54:36] I complete that last red candle and that candle green that completely envelops that The last red candle is moving strongly towards the opposite side causing a upward movement, look how it went up All of that if we can measure everything.

[1:54:48] that which went up That would be 120 pips literally. It moved a lot. If only they could have. to make a lot of profit from there but to

[1:55:00] To identify this, we first need to identify the trend line that The level is around here too support and the candle that tells me there is We literally have a lot of strength there three confirmations and if we want

[1:55:14] Applying the structure this is a higher low If we apply the trend That's an upward trend because it's creating a higher low than the previous one And we already said that in the lows when they are higher than the previous ones

[1:55:27] That's where we shop because We are in the midst of a trend bullish, we want to buy low and sell high after we We identified this logo here that the It is indeed very important

[1:55:41] Combining it with this, these confirmations support resistance line confirmations support resistance line trend higher low V wrap we can say that literally we were able to identify that at that moment

[1:55:53] the price was going to rise the candles important things that I need you to learn 100% are the candles that have indecision, these will be identified because they have a big little tuft on top Or maybe a little strand up and down.

[1:56:06] maybe a long little strand on top but Down below there is none that is bothering me indicating rejection but that rejection I'll only care if it's in a support or resistance only to me That candle will matter, whatever it's for

[1:56:19] sales if it's touching a level of resistance if it were the other way around for if he's not touching anything, if he's not in a strong point if it's not in a point The truth is, I don't care. both that candle because these candles are

[1:56:33] when they are at an important point and the The second important candlestick will be that when we find that he/she comes a green candle that touches the resistance and then let a red candle appear that Exceed that candle in size, that's a

[1:56:49] wrap-around candle because the red candle is being significantly larger and is wrapping the previous candle if this This enveloping candle is passing by me indicating that the force at this time the sales volume is much larger than the

[1:57:02] buying power the same for the side On the contrary, we are practicing this more easily if the price is going up if the price is going down or what resistances or everything we have What you've learned in this tutorial will help us to

[1:57:16] serve more and at what time but Remember that these tools won't work If they are not valid, they will not be used. They have a level of support or resistance or something that validates this green candle here which is completely enveloping the

[1:57:31] The last red candle is only good if It completely envelops her, but if it resistance we believe that the good candles that give us information find good support levels or resistance for the moment friends

[1:57:45] We already know how to make money from trading we have opened an investment account to go up, to go down, structure What are they going to teach us if the price is going to Will it go up or down like the support levels?

[1:57:58] resistances to trend lines the enveloping sails and the structure or the trend that are the tools more important, but now back to the We need to make a small graphic recap so that I can

[1:58:12] make sure that at this moment you have learned everything necessary to do trading correctly when you start Analyzing the graph will show you how Notice that here I am analyzing in Another computer, notice that it comes out like

[1:58:26] a black cross. What you have to do is What can I do to get rid of this annoying thing? It's very visual, and it will happen to you if I'm telling you, you start trading. from now on because I lasted a long time To find this option, double-click it.

[1:58:38] You're going to go to settings and here where Cana says you're going to hit it here where it says Cross hair and you go Setting the opacity to 0% will do the trick.

[1:58:51] that is already a cross, disappear and no longer goes away to see that Cross, but only here when you are playing and manipulating the So let's make a chart brief recap We have said that the above indicates

[1:59:06] said that the above indicates the time it will take for the price to change We have also opened and closed a candle. said that we are going to use the horizontal tool for placing the floors and ceilings in this case would be the

[1:59:18] supports and resistances for your Modify the color of these only here in the line section and you choose the color for this occasion we are going to Let's stick to this red line and we'll make it a little thicker so that

[1:59:31] we place them more prominently Supports and resistances here in the part left on the line tool We can place more supports horizontally. and resistances. For example, we can we can place this here

[1:59:43] This one here, and notice that all those who I am posting that are completely valid Because when we look at the price we see that in the past also touched and bounced Look here. Here we see that he touched the resistance below returned to

[1:59:58] The support touched it and it bounced hard, then it He returned the stand, touched it again, and It bounced hard, then it happened again here. He touched and returned strongly here he returned in the resistance here returned in the The support ended up breaking the next one

[2:00:11] resistance and moved on to the next She ended up breaking it too, and He used it now underneath as a support then he ended up breaking it again and now he used it as a resistance and we see how the supports and resistances

[2:00:24] They are used over and over again in the future and this will depend a lot on The market rose so much that so much The market is going down, that's why you have to mark it. correctly now that you have made progress I can give you a few tips

[2:00:37] resistance in a more correct way For example, look here I have several ways I use to Choosing them correctly means observing that Choosing them correctly means observing that I tapped it several times like this, like I tapped it.

[2:00:51] He goes several times and also plays several Sometimes it is very important that also do it in the past because the more Sometimes I touch it harder is if we We see an area of ​​interest that is an area super important that has been touched on

[2:01:06] 2005 and now in 2025 it's happening again This area means that it is an area that It has so much strength that every time the The price arrives and it ends up being returned. It's very good because it's very old. that every time it touches, it returns each

[2:01:20] He does it several times, it's great about all because it lasted for many years. Supports or resistance points are very important. fragile in the market. And that's a good thing. of the financial markets that tend to repeat past behaviors in the

[2:01:35] The same thing will happen in the future with the trend lines but on a scale different because you couldn't use a trend line since 2005 Because you couldn't go to 2005 if you leave way back on the chart. Look how small.

[2:01:48] The trend line isn't really visible. we would use that for so long but Supports or resistances Yes when We combine the supports or resistances with trend lines is where we find true strength

[2:02:01] Within the graph we observe how here who is touching this support and this trend line and it really looks like is reacting well, we observe if it Let's extend it a little more. Extending it a little more we observe that

[2:02:14] when that trend line breaks it Use it on the opposite side. No. He touches it, but he does use it. support and ends up going down and we go to Note that it works extremely well, even from opposite side the trend lines

[2:02:27] For example, look this way, if we We extend all of this here with a trick that we can use with the lines of The trend is that when I break them... We know that he will head to the next one support So if we identify that in

[2:02:41] In this area here, the price is going to go down We can be smart about this. wait until it breaks and when it starts to We took advantage of everything when we went down. That sale from this high point, this is very important because these tools

[2:02:54] Will the price go up or will the price go down? and the success of using these tools will be directly proportional to the success of the result of your operation understanding all of these tools that we have explained up to

[2:03:08] We can also highlight the moment part of the highs that is very important part of the highs that is very important And from the lows, this is already at this point You must have identified that Is this a High or a lower High?

[2:03:21] because this one is smaller than the Previous this here is a lower High this Here is a lower High, this is a lower High which would be represented by the lh se Put it in capital letters lh se would represent it that way and here lh and

[2:03:35] would represent it that way and here lh and Here LH and here LH and we continue with more and more lh if we identify this from The correct way. So now. we should know that in each lh the The objective would be to sell because it's a point

[2:03:50] Stop, and if we take a sale from this point to this point We make money the opposite It would be a purchase order, but already the We're not going to do purchase orders in the lh because the lh are purely for

[2:04:03] We're going to sell the purchase orders do in the lows or in the higher lows to as the price goes up an upward trend, all this here that an upward trend, all this here that I am surrounding are HL higher lows lows

[2:04:18] which are getting bigger and bigger, for example This here is an HL, it's a higher low. This here is an HL, it's a higher low. a higher low higher low higher low is case like I learned it in English but See if we go to the part of

[2:04:33] Translate only to observe how It works in English if we put It works in English if we put lower High in Spanish It would be lower Okay, well, I don't think that translation is correct. It's very good, it would be a higher rating.

[2:04:50] It's very good, it would be a higher rating. Below we'll put This is a lower Below we'll put This is a lower High, this is a lower maximum now yes In Spanish, the word "high" would be "maximum". and lower would be lower now if we do

[2:05:03] for example a higher This is a higher minimum. Spanish The highs are identified as high points or peaks and low points like high points or peaks and low points like minimum points or maximum low points and

[2:05:18] minimums every time you listen in trading, talking about highs and lows It's very important that you identify it from the the correct way to operate them We add this to the confirmations of wrap-around and doji candles, for example

[2:05:33] Look here, let's zoom in. if we at this point We approach, we see that we have, we're going to Remove this. Here we see that we have Here's a tiny candle that's like a doji And then we see a candle totally

[2:05:49] It went down hard, what happened? here we ended up going down sharply we can put a support on Here to understand why. Here there was a Ah, now we understand because we see that in the past that spot was a good

[2:06:05] resistance level here resistance resistance resistance and once it arrived resistance is our interest The main thing is going to be that when he arrived at the resistance created a doji the fact of Creating a doji in that resistance is...

[2:06:18] saying that the price cannot exceed And that's a good sign for me. because he tells me that's where I can sell There I can take a sales order But now I have to start combine it with other confirmations and

[2:06:32] Let's see what confirmations I can use a confirmation that we have are the supports or resistances in that Same point. I don't know if you notice. that we can draw a line of trend and the price is touching the

[2:06:46] trend line as if it passed a Just a little, but she's touching it and she's in I don't know the same area at the same time If you look closely, but this here is a High, and since this is a High, it means which is a high point and we in the

[2:06:59] We can sell at high points, but at At the same time we can see here that there is a big red candle that is a candle That's a good sign. Because, look, here we have a resistance at the same time we have a

[2:07:14] At the same time, we have a high line of trend and at the same time we have a candle enveloping and not if you notice but to At the same time we have a doji which is a

[2:07:27] candle of indecision. And that's perfect. We have five confirmations The price is going to drop sharply, and another confirmation that I don't know if you noticed is that the price broke the trend Notice here that's a higher low higher

[2:07:44] Low here, this is a higher high. This is a higher low and this is a higher high But I don't know if you noticed that the speed wrap broke the last higher low and Our rules state that the structure It goes from bearish to bullish to bearish

[2:08:01] I'm going to note down the bassist here when breaks the last higher low and moves on breaks the last higher low and moves on bearish to bullish when it breaks the last lower High this was the last higher low Notice that the price dropped sharply to

[2:08:17] is using the opposite side creating low highs now. So this He just wants to give us a hint That's a good selling point. because this is a good spot where... added up all the confirmations that I

[2:08:33] I know we are in a resistance We have a High, we have a line of We tend to have a bad envelope. doji type and at the same time we have a trend break we have six confirmations that they are indicating to me

[2:08:46] that at this point something might happen and This is what I want you to know. Look for points. specific where all the confirmations and give me all the indications that at that point it will

[2:08:58] Go down, look here, when he arrived at this level of resistance and it created that in me I'm already saying okay. creating that enveloping candle here I He forgot that this tool is premium. I recommend you get Premium.

[2:09:13] This tutorial, but my account obviously It's been Premium for many years, then. It gives me the option to understand that Okay, I'll start analyzing all of them.

[2:09:25] confirmations I have resistance yes I'm in a high school, yes I have a line of trend look here the line trend, let's fix it a little To make it clearer, I have one here. trend line I have a candle

[2:09:38] Look at this big red candle. that is wrapping the last candle that It's a doji, I have a doji, I have a trend reversal here in this last higher low What do I do now now I I can sell and represent the sale

[2:09:52] and know how to place it in the metatrader There is a tool here that is in the fifth option here in the part that says short a concept that I want to What you learn is that when we sell It's the same in English as saying short and

[2:10:08] When we buy it, it's the same in English that says long, short It means going on sale and entering long means entering into a purchase are I highly recommend that you Learn it, we sell on short.

[2:10:23] So we come here to the fifth option. We select short position and it goes to We select short position and it goes to put a little box like this one What it indicates is the following: I am going to Move the red to where I want to put my

[2:10:37] stop loss and I'm going to move the blue A where I want to put my Take profit Y Now I'm going to show you how to place correctly the Stop loss and the Take Profit first, I don't know what's going to happen happens when I'm in the real market

[2:10:52] It's possible that after that, the price Turn it up a little. I want to set the stop. put it above the last one resistance and I'll explain why I made a mistake because I was missing something confirmation or that day there wasn't one

[2:11:07] Good sale, if I take that sale, I won't I want the price to keep losing everything. I want my time and money, but I want to leave at a point that when it arrives that point I can leave and I can I can accept to close my transaction

[2:11:19] Let's say a loss of $500, I decided that I was going to lose $500. Delete this from Here, and for this I have to place a Stop this time, the way in which We will always put the Stop It is above resistance because

[2:11:35] It is possible that the price will be refunded. resistance and end up going down. And maybe I was losing for a little while but then I'll end up winning if the price Breaking the resistance is possibly possible go to the next resistance and don't

[2:11:50] I want to be in the middle of a sale with a broken resistor and this is where place the Stop loss at a point strategic that if the price goes above that That's it, I don't want to be part of it anymore. operation I will always place my

[2:12:05] Stop loss at the next support level or resistance and I will always place my Take profit at the next level too. of support or resistance Let's look for a support where I can place my Take profit, let's see, I can look for a

[2:12:19] Support like AC here. Look what This is nice. Take profit and I can place My take profit here at this level resistance support and my stop loss above the resistance and look at the meaning of

[2:12:34] resistance and look at the meaning of This is how it happened Look here at the right side of the graph I found that at this point there was many confirmations that we already saw it We have a high, we have a level of

[2:12:46] resistance we have a gulf a doji We have a structural breakdown when I opened my entrance, I don't know what's going to happen What I do is set the Stop loss above the resistance Because if It returns and breaks that resistance.

[2:12:59] trade and I set my Take Profit at below a support level because I I have noticed that in the past that level of I'm here to support you if we go far away. I'm sure he'll react, he can help me. I can even place it a little earlier

[2:13:13] Let's say I placed it more or less around here at that level of support Let's leave the objects of the example as is. We now observe that when we take Notice that the entrance fee is as follows: He's a little negative, then he goes away

[2:13:26] to the positive because this little box of colors, what it means is that if the price goes beyond or outside the box of Colors came to me. Take profit if... It exits through the blue part if it exits through the The red part passed my stop loss and I

[2:13:40] The deal closed. But now how do I... I put this in Metatrader when I touch The little box gives me several options, it tells me First 70 up here. Notice that up here First 70 up here. Notice that up here It says 70.8 up here, it shows 70.8, that's it

[2:13:55] This means that the Stop Loss will be 70. pips and below it says Take profit

[2:14:08] 154 pips basically I am risking 70 pips in this trade to try to win 154 and here in the half see that it says half see that it says 2.18 That's the risk-benefit ratio. I am

[2:14:21] trying to earn 2.18 times what I am risking it if, for example, I were here I decide to take the risk I'll win 100 if it reaches the Take profit 218 because I'm looking to win two

[2:14:34] Sometimes what I'm risking and so The Take Profit and Stop orders would work. But what values ​​do I put into Metatrader here on the right 1.04 583 when I'm going to open my operation

[2:14:49] I put that number in the stop section l 1.04 583 when I'm going to put my Take profit I put the blue number here 1.02 329 Use the colors as a guide, like this:

[2:15:02] Red will come out here, but if This would be, let's say, green and blue, we're going to put it green, look, now it's coming out green exit on the right side through the colors that you have in your

[2:15:16] This little square will help me a lot because it's going to happen to me quickly How much am I going to earn in the operation? losing the stop loss point would be Take profit point here We have a 70.8 pip stop loss. And we have

[2:15:45] invest $1,000 in trading and of those $1,000 I want to risk $10,000 I'm going to risk 10,000 Divide this by the Stop in pips that is, these 70.8

[2:16:00] 70.8 and I'm going to run a result on it point to the left if we have point to the left if we have 141.24 would be 14.12 And now I'm going to go my metatrader and in the lot size section which is the part where it appears

[2:16:12] I'm going to put that in the main number I'm going to do it right now so that You know how I would place this This operation would place it I'm going to give it to him in the following way. plus button and here where is that

[2:16:25] I'm going to put the middle number little number I just calculated little number I just calculated 14.12 now the number that is here in the screen on the right 1.045 83 I'm going to put it here where it says

[2:16:39] 1.045 83 and now in the part that says Take here in green 1.02 329

[2:16:55] My take profit that way we we're going to do it every time we go to place an operation and this here is a sale operation So we're going to Press the sell button once we press Our operation is about to open in

[2:17:07] sale and it will be seen from the next Look how beautiful right now We're losing because we're not in the current point this is an example but The operation is open, we just to open an operation we are going to change the

[2:17:21] For example, so you can see how much would be done with different money, different amount about risky money, let's say Right now we just don't want to take any risks. $1,000 we want to risk 5000 Then we're going to put

[2:17:35] 5000 we're going to divide it by the stop loss which would be 70.8 pips between which would be 70.8 pips between 70.8 Remember that this 70.8 means the pb of stop loss the distance of the stop loss. And that will give us

[2:17:51] 70.6 we move the point to the left and It's going to give 7.06 here in the metatrader we are going to Press the plus button, we'll put 70.06 Forgiveness 7.06 at the Stop, what number do we put? Let's go

[2:18:08] 7.06 at the Stop, what number do we put? Let's go to put this number 1.04 583 1.04 583 and at the Take profit that we are going to 583 and at the Take profit that we are going to Put the green 1.02 329 1.02 2 3 29 and that's it

[2:18:22] Since this is a sale, we can give it to sell this first one which is 14.12 if If we lose, we would lose $10,000 Because the risk we calculated is for that $10,000 is automatically lost and you You don't have to do anything if this is the first one

[2:18:38] The operation fails; you would lose $10,000 if This second operation is lost You would lose $5,000 that way. We put our trade into the metatrader directly after we analyzed it in TradingView, but to place a

[2:18:52] First, we need to trade in pips. We also need the stop loss pips. Take profits that aren't really there. necessary, but yes, to place the number and place this red number and this number green in the metatrader then with our

[2:19:06] calculator Depending on the stop pips the money we want to invest Let's calculate if I want to take the risk $500 and the Stop loss is 8 pips So I'm going to divide 500 by 8 and It gives me 62.5, I'm going to move the point to the

[2:19:22] left and would be 6.25 Let's do it one more time. Just for reasons for the example I want to take a risk $500 and I have a stop loss of, let's say, 8 $500 and I have a stop loss of, let's say, 8 pips, to give an example, would be 62.5

[2:19:37] I come to my meta, I press the button of more and I'll put it here 6.25 because I have to move the decimal point once to the left 6.25 in the once to the left 6.25 in the I'm part of the stop sign, I come here and at 1,045 83

[2:19:51] I'm part of the stop sign, I come here and at 1,045 83 I put this in my MetTrader 1.04 583 in the met Trader and in the Take section profit I placed this 1.02 329 profit I placed this 1.02 329 1.02 329 in my Take profit and now

[2:20:04] We have three open operations in This test account, the first one we said that we were going to risk $10,000 Second, we are risking $5,000 and the Third, we are basically taking a risk

[2:20:19] $500 we decide what We invest in trading, I always I recommend a percentage that I'm going to tell you I'll say a little later, but we We decide how much money we want to lose. And how much money do we want to earn? Because if

[2:20:31] We started investing like crazy, we're leaving to realize that everything is going to be lost The money. If the price isn't included. that direction we want. Then from that That way I end up opening a trade in MetaTrader if I want to close it

[2:20:43] before it closes automatically reaching the Take profit or the stop loss I leave the operation pressed and I press close and press the yellow button and the door closes operation if I want to close this I press I hold it down, press Close, and

[2:20:57] I press the yellow button and it closes if I want. To close this, I hold it down and press Close and press the yellow button when I leave Looking at the history section, I realize that I won on this day 73 because the first operation closed in

[2:21:09] 70 the second in 28 and in the third I lost $25. Here's what will appear. combined earnings from the last trades that you have taken during the day or week If you select the week or month option If you select the month option and this

[2:21:23] We open View directly in the Metatrader. And in that way, my dear ones. Friends, an operation is opening, let's go find another example where we can put Put all the concepts together and see how

[2:21:35] we can open that operation in the Metatrader, now we're going to look for a example of a purchase, an example where the the price has risen sharply and gives us a Let's find a buying opportunity that may have happened in the past with

[2:21:49] reasons for study let's see Let's start observing, look here The first thing we have to do is place our support and resistance levels will our support and resistance levels will We're going to place a support here.

[2:22:01] here one We can place resistance, let's say, by We can place resistance, let's say, by Here's a resistor that looks very Beautiful. I love how it looks. We can place a support here.

[2:22:15] this part because it's touching several Sometimes we can go a little higher place another support or resistance So let's evaluate this entry here At this point here, besides being a support notice that if we draw

[2:22:30] A trend line here works We have two points that connect here We have two points that connect here We have dual levels of support, that's what First, well, second, because already We have normal support here and we have

[2:22:45] a trend line that would be a inclined support the second thing What we observe at this point is that I don't know if you notice. Here's a candle. enveloping if we zoom in we can notice that the red candle is small and

[2:22:58] the green candle is super big, exceeding the red candle in full size one Once we identify this at the level of trend line with support already We have three confirmations if We analyze the trend and can see that

[2:23:13] We come from a trend that is going down to one that's going up but not I know if you look slowly here we can See a High, a lower High, and another lower.

[2:23:25] See a High, a lower High, and another lower. High and it turns out the price went to indicates that we have a breakdown of structure a change of structure We come from a bearish structure. The price went through the last lower

[2:23:38] High and now it's creating a higher low to begin with the upward structure and That's where we take advantage. Here we have a higher low that We can mark it here. like a higher low what confirmations

[2:23:53] We have here, let's start with the first thing we have a We have a support line We have an engulfing candlestick pattern. We also have a breakdown of trend And we have a higher low

[2:24:11] We have five confirmations that we They indicate that at this point the price will that means that we can make the important purchase To place the order, we need the The candle is closed. Because if the candle is

[2:24:23] open and keeps going up going down We don't know if it will close, being a wraparound candle, then we come here to the options and we come to the part of long position and we're going to Place once the candle is closed.

[2:24:36] It's going to be like this all the time You won't see what's there with confirmations passing in the future price. But you're going to See that the confirmations are here The low, the higher low, the break of structure

[2:24:51] use of the trend line and all in one place we must place our operation in purchase in This point, the Stop Loss. Always remember. It has to go below the last one support or last resistance and the

[2:25:05] Take profit can go in the following supports or resistances in this case Let's put it on this second stand or resistance to see how well it works We extend it. Because if the The price remains the same, and it's still excluded.

[2:25:17] We extend it until we see that it reaches the Take profit level Y in this case It arrived. But let's see how we we could have opened this operation How does it work in MetaTrader? we could have applied first

[2:25:30] We're going to take out our MetaTrader. our metatrader here we have our metatrader and we have to calculate several The first thing we have to do is Calculate the Stop where we are going to Set the Stop Loss. Here we see that the

[2:25:43] Stop them at 1,080 45 we come to In MetaTrader, we click the plus button and the In MetaTrader, we click the plus button and the Stop L 1

[2:25:57] and we put that we want to put Our Take Profit 1.09 Our Take Profit 1.09 243 243 which is the blue number that me It's happening here, notice if I change This changes from blue to green by double-clicking.

[2:26:10] and turning it green, and now it turns green. We're going to put a stop to it for reasons of example Purple Here is purple fense that here The number is purple, I'm going to put the Stop at 1.08 045 as I put it here in

[2:26:26] In MetaTrader, I'm going to set the Take Profit to... 1.09 243 as I put it here the Take profit, now I just need to calculate the lot size which is the middle number how to Let's say how much I want to risk Our account balance is $1,000 and I want

[2:26:42] Our account balance is $1,000 and I want I'm going to risk 000, I'll put 000 1000 and Lo I'm going to divide, remember, by the number of tables that would be this number 38.3 It will always be found in the middle 38.3 and here 81 we are looking

[2:26:58] earn 2.13 times what we are risking it, we got the risking it, we got the 38.3 We divide those $11,000

[2:27:12] point one on the left and we would put here 2.61 and we already pressed the click the purchase button and the app will open The current point wouldn't let me open it as the previous example but since he

[2:27:26] Click the button to go to the purchase point here Blue will now let you open the operation and he's going to appear to be losing because Remember that the broker charges you a small commission, but that way We placed this entry very

[2:27:39] It's important to remember that the Stop l It will fall below the level of support or resistance that the Take profit It will rise above the point of resistance and that in that way we we place an operation inside the

[2:27:53] We did an analysis of the price here. We determined that the price was going to rise We set our Take Profit price It ended up going up and we put our stop. loss in case the operation went wrong from that that way we complete and open a

[2:28:08] operation let's see another example for so you can understand it much better and Let's look for a sales example now The first thing we do, remember, we're going to Delete this. Remember the first thing you What we always do is search

[2:28:21] our support or resistances we begin to mark our support or resistance as we see it and we see and Let's stop here, we can very beautiful, very perfect, and notice that in

[2:28:37] this point We have a current one that I'm going to lock up resistance level because the price It's playing loudly here and it's returning a line of is playing from above and it's very

[2:28:52] You can see that she's perfect, Clara. bearish trend because look at the slows which are getting smaller and smaller smaller is Sorry the highs that They are getting smaller and shorter. lower highs lower High lower High low

[2:29:06] High and we also have a candle enveloping here, if yes [Music] We come here, we have a candle strong enveloping look here a candle once it reaches the level of

[2:29:21] We have all the confirmations for support. again at the same point as here The price can go down. So what now? What do we do now? sales tool that would be here We put the sale on the short side after that

[2:29:38] We close the engulfing and place our stop. losses above the resistance level and we can put our Take Profit in the next support or resistance or in one that is shorter now once the We have the operation like this, we need

[2:29:52] Open it in MetaTrader so that it can execute we take out our metatrader and we come here to the button of more and we say Okay the Stop goes here more and we say Okay the Stop goes here in the number that tells me here 1.09 239

[2:30:06] in the number that tells me here 1.09 239 1.09 239 we placed it in the metatrader Then we come here and say Okay the Stop goes here at 1.08 357 1.08 35 7 and now we still need one

[2:30:22] The last thing would be the land division We need to know how much we're going to To take a risk, we get out our calculator and We say today I feel very confident and I'm going to risk $1,000, I put that $1,000 in the

[2:30:36] those that are 21.1 Look it here 21.1 Look it here 21.1 I have a 21.1 pip stop

[2:30:48] I divide this by 21 1.1 This is going to give me 47.3 I'm going to move the point towards the left and would 4.73 4.73 and I can now open my operation in

[2:31:03] because we're not at this price. It currently won't let me open it in the trial account but once you click on The sale is about to be processed. of this operation when the price I reached the Take Profit point, which would be this:

[2:31:18] This point will close in automatic in profits And if it reaches the stoplos, which would be this point here that is this number on the right that you right and east of the right. This is the The price will automatically close at

[2:31:33] losses here you are managing your risk because you are deciding how much Are you willing to lose before taking? These are not investments random bets where you invest $1,000 and it You can lose everything, that's what the

[2:31:47] Stop loss if you count $1,000 and You just want to risk, let's say, $ whatever you want and the right thing to do is Take small risks. Because if you start to

[2:31:59] risk a lot each time. Then you're going to having the problem that you're going to lose I always risk a lot of money like The rule is 1% of my capital. Then... sales operation and it's good that Let's see what confirmations we take.

[2:32:13] Let's see what confirmations we take. First, we are in a downtrend Second, we have a resistance Then we have a trend line touching and the trend line that is Touching on this whole point, then we have

[2:32:28] a wrap-around candle and we're also in a lower High we are in a High It's important that he's shorter than the previous ones, which is causing the The price may go down because we We sell at the highs and then we watch

[2:32:40] that the sale goes directly to the Take profit And that way you take one operation in this case we take a sale transaction that closed here in Take profit automatically How much money would you have earned here?

[2:32:54] You risked $1,000 here, you would have won three times 3.18 times $1,000 you would be winning $180 3.18 times the $1,000 you are

[2:33:07] And that's how it works, boys and girls. We analyze and unite trading all confirmations in one place and We use all those confirmations to find the most likely direction if The address is for sale. I'm going to look for it.

[2:33:22] The price will go down if the address is I'll buy it then and look for confirmations that they tell me the price is going to go up It all depends on the direction it has Me too, and depending on the direction it goes too to influence the tools I am

[2:33:36] practicing at the moment but we have already having reached the point where we know how to open correctly performed an operation and now I already We just have a few things left to learn. to be able to trade directly in By now you already know how to analyze one

[2:33:51] How to use all trading operations How to open and close one of their platforms operation and especially how to know if the Will the market go up or down now? operations because you already know how but There are a few things I wanted to show you

[2:34:05] before this tutorial ends Trading is a business of emotions and to play against you because you don't know what will happen next in the graph if You don't know, that creates uncertainty and the Uncertainty gives us little patience or

[2:34:20] You may be investing too early The right thing to do now would be to educate your mind. and the way I educate in my Mind is understanding trading that develop after you have to manage your

[2:34:35] emotions Because if you are impatient You'll be investing in points that don't Incorrect operations. And that's going to be... that you take many losses. I tell you I recommend that you invest 1% of your operation for each trade only 1%

[2:34:49] And that's because you probably don't have the experience at that time and maybe you which I don't recommend until practice your account enough invest real money, but let's say that You did it. You're only going to risk 1% and

[2:35:05] That is why it is necessary to a certain extent money makes sense to earn money because In this case, $1,000, $2,000, $3,000 if You risk 1%, you'll end up winning $10 per transaction $2 per transaction What Maybe it's not much for you, but for

[2:35:21] You need to have a lot of balance then You are probably viewing this tutorial You have a lot of money and you don't want risk a lot of money. I recommend that you use funding companies when once you are prepared and operating

[2:35:35] have a good strategy, practice All these concepts are found in companies that They're going to give you an exam, that exam if you If you manage to pass it, they'll give you capital. so that you can invest this capital. from 000 to 0000,000 and this

[2:35:48] The exam has a cost, most of them will charge you. The cheapest one sells for around $40 and $1,000 the most expensive once you pass your exam that would involve live operation with a to operate and achieve a certain objective in the exam if you manage to pass it

[2:36:04] Then you pass the test and move on to the next stage but if you don't succeed that you take the exam again and you don't Don't worry, I'm going to add one. tutorial I recorded not too long ago from these exams so you can learn how

[2:36:18] final part of this video so that you can so you can see completely where I explain All this, but I wanted to give you a brief information so you know that if such Maybe you don't have money, you watched this video on Did you learn trading on YouTube?

[2:36:31] long tutorial So don't worry because of the fact that there is no money Other solutions include companies that offer you They can give money, and it's money from which you are not responsible for if you succeed demonstrate that you can pass the exam and

[2:36:44] In this video you will see tutorial No. Don't worry. Knowing that, we have to to understand that if we manage a That's a good strategy, that's what I taught you. as the price drops and all this if We also know that we have to

[2:36:59] risk a small percentage so as not to lose our full account and if we know that There are ways to obtain capital already with We can start with this tutorial There are more concepts in trading. There are thousands of concepts in strategies that

[2:37:12] Teaching until I make another tutorial but on this same YouTube channel teach you if you want to continue studying studying But I'm sure that with This tutorial already teaches you trading and you can To open a transaction, you handle all the

[2:37:25] platforms you know what it requires but Now it's your turn to practice. I recommend that you go to the graph every day the The foreign exchange market closes every day. Friday at 5 pm and Open every Sundays at 5 pm lasts 48

[2:37:38] hours that we cannot invest are Open Monday to Friday, 5 days a week weekdays and Sundays. Opens at 5 am late again and closes on Friday at 5 pm but that gap between Friday at 5 and Sunday at 5 no

[2:37:50] With all these concepts, go to graphic, apply them, practice them and Start trading now, but with a trial account practicing all of these concepts and applying them in a way live to the point of taking a

[2:38:03] operation because with this tutorial You learned trading, so I'll leave you with the tutorial so you can get capital and you can get funds like Trader before starting with the part technique of this video I want to enter a

[2:38:15] a little bit of context and explain to you what it is exactly a funding account and which one They solve in Latin America We face low wages; this implies A 12-hour job won't earn you that much. Same as if working in the United States

[2:38:29] quality of life if a person does not He just wants to focus on saving and live and wants to start investing It's going to be much more difficult than a person who already lives in the United States that earning $250 in Latin America is the

[2:38:42] general average of a minimum wage A difference from the United States which exceeds $1,500, $2,000, even some states the $3000 at the time we we find that we have no money and Above all, we don't have money for

[2:38:56] risking it in a market that is uncertain and this main solution is the most important when talking about Funding tests offer us capital The second thing is that also if we are from Latin America, we are either young or we are from

[2:39:09] Low-income families have few Opportunities for Progress Do exist Opportunities exist, but they are very limited. If a person lacks the capacity to These things make it difficult to progress in your life. Tests give us an option to

[2:39:23] we can capitalize on the time to invest in trading is very It's unlikely that someone in Latin America have $3,000 in savings or $10,000 or Even 100,000 is a small number of people and the percentage of people is very small

[2:39:35] who have this amount of money and much less to invest it and those who do They have savings, it's unlikely they'll go to invest without knowing what will happen Soon, and it turns out that the countries Latin Americans have a democracy

[2:39:47] more poor people and rich people get richer The rich know the formulas of money They know where to invest and how to multiply it their earnings Unlike the poor those who work for a salary do not have financial education and they don't know how

[2:40:00] Investing is a very good solution for low-income people who want to learn a skill that lift out of poverty and now that you know The problem and why it's a problem Now let's understand the solution

[2:40:13] Funding commits to giving you more capital or leverage so that you Trading is not the same as investing. $200 from your own account when you drive At risk, you'll earn very little, $200. 1% would be $2, which would indicate that if you

[2:40:30] You risk 1% of a transaction, that would be $2 and you lose, you'll lose $2 and if you win You could win 4, 6, or 8 depending on your risk benefit Unlike if you had an account of 10,000 or of $100,000 when you earn 1% of $1,000

[2:40:46] The difference between those $s would be $1,000 from your personal account or those $1,000 from amount of money that will allow you You'll never be able to make a living from trading. capital, especially if you have to manage There are many people who don't risk it.

[2:41:01] They manage their risk and risk everything. They finish what they have in their account losing everything and in the end they don't come to They don't trade, they come to gamble Trading is a scam, the companies of Funding meets that solution. This is

[2:41:14] a simple solution for traders without capital or even for traders who They have capital but don't want to invest that capital trading, no anyone who has $5,000 or $10,000 I would like to invest them in this market

[2:41:26] So it's a great option for People who want to diversify If you have $5,000 in savings, you don't have than to invest those $5,000 in an account For trading, you can choose an account of a fund of $5,000 or $10,000 that will

[2:41:38] to cost much less than $200 and 5,000 that you had saved you don't have to Instead of investing it, you can look for another one. market another investment where you can You're trading and making money with capital that isn't yours, what we

[2:41:52] This leads to a greater security and greater peace when it comes to Investing if you lose $2,000, what? Would you rather lose $2,000 that is yours? of your savings or lose $2,000 that you don't They are yours. And you are not committed to

[2:42:04] return them and you obviously lose them. second option when you are By investing your own capital you will to take much better care and that will create a investing and trading when

[2:42:16] probability of loss you have to trade calm and collected, but if you're operating with your own capital and that capital you It matters a lot if you lose it. Then that You'll lose faster, that's why you'll have greater peace and tranquility

[2:42:31] when you start investing and earning a lot of money without it having to be yours money last year I traded almost everything the year with an account of 3.1 million and to be calm after each loss that I He had 1%, which was $30,000, and each

[2:42:45] The profit was 60,000 to 990,000 depending of the operation to have that account with Capital financed allowed me be calm while he was If I lost, it was my responsibility. responsibility but the losses in

[2:42:58] The money wasn't large, and above all, no. They were mine because it wasn't my money. The profits were mine. percentage that I was due having said this Now let's get to the important part. What is it? a grounding test a test of

[2:43:10] Funding is a test that shows if you You have the ability to keep an account Whether profitable or not, the test will... require several requirements, including the The main requirement is that you make a a certain percentage in a period of

[2:43:22] time, although almost all companies They removed that period of time from the funding. And the only requirement you have is that make a certain percentage of the account and that you don't lose a certain percentage of This exam costs you by requiring things from you

[2:43:34] You're going to have to learn from him and adapt. to its rules and know when to operate and No, because you can earn a lot. It's easy, but you can also lose a lot. These tests to try to hit luckily and pass the exam and in the end

[2:43:47] purpose for which you come to trading If you pass the test, they'll give you access to leverage or capital and to be able to invest in the market and you will to be able to have a large percentage of the

[2:44:01] benefits that you achieve. And that would be one a very technical definition of a test funding, but I personally define a anchoring test as the best way to Becoming disciplined through trading A funding account requires you to follow rules.

[2:44:14] It requires parameters, and you won't be able to. You're going to spend it the way you want to spend it. rules that are traders' rules Profitable rules are not going to make That you lose quickly are rules that you They're going to give you discipline, they're going to give you

[2:44:27] greater organization and they will allow you Learning to manage large amounts of capital if You learn and adapt to the rules of a funding company you could manage any capital of any place and succeed With that capital By

[2:44:39] That's how I define funding trials as the greatest test of discipline that can A funding test is time to find out What is a funding company? intermediaries that offer you this test to then give you access to

[2:44:52] leverage or capital once you pass The exam will take you to an account financed, as most call it This account is the one that will be used by companies to have the capital you chose the exam if you bought an exam of

[2:45:04] That funded account is going to be $10,000 if you bought an exam $1,000 The capital they will give you in That financed account will be for $1,000 And based on that capital, it will be the The risk you can invest in will be

[2:45:18] what you can win and what they will be profile that you will be able to withdraw monthly It will only provide you with the capital but it will analyze you as a trader Every day you'll be able to see some Metrics where you'll see your earnings

[2:45:31] your losses if you're good at it schedule if you're good at that pair and all develop metrics as a Trader and Your numbers are especially important Knowing your numbers is the only way to You'll realize it when you do it.

[2:45:44] That's why the company wants to improve your trading. It is not only responsible for providing that account but analyze if you really You are profitable or you are not, and that The metric history retains them all the time to see what kind of

[2:45:57] we'll meet at the anchorage mainly with three types since the Companies are changing a lot and Lately, the single-phase test this test It consists of a single exam you will have

[2:46:10] The account generally ranges between 8 and 1. 10% of the account and you won't be able to have a maximum daily loss or a loss maximum total daily loss It generally concentrates at 5% if you You won't be able to lose accounts worth $10,000

[2:46:25] over $500 in a single day and the Loss The total ranges between 8 and 10% as well. You won't be able to count $10,000 Lose more than $1,000 over time. Total have a quantity of what you can lose in one day an amount of what

[2:46:40] You can lose in total and a target of What you need to achieve has other small rules that we cannot ignore For example, high-speed has unlimited days trading companies or many companies still don't They've changed this function and it's been days.

[2:46:52] limited. That is, 30 days, which is what most companies use others They already have unlimited trading days Basically, you can trade all the time. exceed the daily loss or the loss We also have the two-point test.

[2:47:06] This test will consist of two phases exams the first exam will require you Between 8 and 10% will not allow you more than 5% in daily loss and 10% in Total Loss and then you pass it You'll arrive in time for the second exam.

[2:47:20] The second exam is a little easier and I've noticed that many companies use psychological trick many people They are confident that they have passed phase one and They report that test number two It's easier and shorter only in

[2:47:35] get half of what you got in test number one if in the test Number one, they required you to achieve 8% in For test number two, they will require you to 4% and you might wonder why the Test number two is easier and that

[2:47:50] Many traders lose their accounts. So watch out for that. Usually then The majority of people are choosing This test is much easier. much shorter and you don't have to do two phases. And finally, many companies

[2:48:04] They are opting for the creation of a A swing account is a an account that allows you to open operations On weekends there are traders who open for 2 weeks in the regular accounts most of the

[2:48:17] Companies don't allow you to have trades Open on weekends. This is going to Slippage may be that the market close a price. But when it opens... Sunday they open at a different price due to the transactions that were made during the

[2:48:30] weekend and that kind of thing It affects the trader and ends up happening that when you operate on weekends already whether due to price slippage or the The spread that occurred during the end of week that you weren't operating the

[2:48:42] The price will open somewhere else then That is why they are reserved for the use of week and most companies don't accepts that you have open transactions These are the swing accounts for these swing traders who leave trades open

[2:48:56] that last two or three weeks and then no longer have no problem violating the The point of explaining is how they work. accounts in most companies of We're going to talk about a particular company. Prices in general, most

[2:49:10] Funding companies have very high prices similar and these range from $0 to The $1500 and everything will depend on the type The accounts you choose will go be between 5,000 and 0000,000 and They're going to go on the next ladder

[2:49:23] The majority will choose this $5,000 scale 10,000 25,000 50,000 100,000 200 and then 300,000 basically you're going to have the ability to choose which challenge which funding test do you want to choose? you want to do and that test is going to have a

[2:49:38] price But even though you are charged I don't see that price as a payment. when you pass phase one phase two transfers to your financed account in your The first withdrawal gets you back what it cost. that funding test basically if

[2:49:51] You buy a 100,000-unit trial and it cost you $600, that $600 after making your first withdrawal, that is, with your funded account after having passed the phases They return that $600 on your first withdrawal. And remember that this price will depend

[2:50:05] of the anchorage test that you choose one Test out of 5,000 that you would opt for $5,000 in leverage or capital it would not be the same price as a 100,000 test The more capital you choose, the more expensive it will be. to be, but no funding company is going to

[2:50:19] have an account that exceeds $1500 or at least the top ones in the industry Now I want to give you some context. since I've talked to you a lot about how it is brought down to earth at the time of purchase a mooring test and pass it and then

[2:50:32] The first thing you're going to do is remove buy the trial once you buy the to your email many times They end up in spam and some people don't see them. They come and they already think they were scammed, but It's not that they reach spam, there are others.

[2:50:45] They don't arrive immediately immediately, but rather they arrive between 12 and You're going to put the credentials in your metatrader and you'll be able to start operate when you start operating If you pass Phase one and phase two will...

[2:51:00] to receive new credentials that are of your phase three or of the account financed and to that financed account all the profits you make you will be able to Remove them on the same day you opened your first trade but 30 days later if you

[2:51:13] You opened your first trade on the 16th May you will be able to withdraw those profits. June 16, that is, 30 days later and After your first withdrawal you will be able to withdraw every 15 days if you make $10,000 and you want to withdraw and the company offers you

[2:51:28] You will be able to earn 90% of the profits withdraw 0% of those $10,000 on the 16th June, since you opened your first operation on May 16th and now we're going to specific things you need to be able to to take a test and not violate the

[2:51:43] The rules are the first thing you need to understand This is the profit target. This is a the company you need to get in the test to pass that test if you You get that percentage, you passed the Most tests require between an 8 and

[2:51:57] 10% means that if you have a You have a $1,000 account and they ask for a profit You have to achieve a target of 8%. 8,000 to pass phase one on the second criteria you need to keep in mind That's the maximum loss, that would be the amount

[2:52:11] maximum loss that you can lose Most companies have a 10% means that if you buy one You have an account of $1,000 and you lose 10% of it. You lost the test if you have $1,000 and you lost $10,000 you lost the

[2:52:25] Try it even though you lost it in 5 days or in 6 days, time doesn't matter You could lose more than 10% of your account And that brings us to the Daily Loss, the Daily L would be the amount of losses that you You can have it in a single day from 12

[2:52:39] from night until midnight the next day in those 24 hours that this time period Daily loss It will generally be 5% if you have an account of $1,000 and you lose 5% on One day you lost the test and many

[2:52:53] People get confused in this part Because they open an operation, and that The operation exceeded 5% but not the They close and think that's why they didn't close. The operation did not account for the loss, but it did He told me if you have an open operation.

[2:53:06] which exceeded 5% of what you are allowed to lose on that day you lost the For example, you have an account. of $1,000 and you have an open trade that he was losing $5,000 and then moved on to 5,0001 means you have already surpassed the

[2:53:21] loss limit which was $5,000 No It doesn't matter if it's for a penny, but if The open operation has already surpassed it. You violated that rule and you failed the test And finally, we're going to find the part of the time most companies

[2:53:33] took away the time to be able to spend the The test was previously required 30 or 60 days to pass phase one and phase two Currently, 95 percent of these companies They removed the time to pass the test You can spend an unlimited amount of time on it.

[2:53:45] The only time they give you is on the days of trading much many of them require you cco trading days or 80 trading days These trading days mean that if You passed the test in just one day You need to continue operating for 4 more days

[2:53:58] But don't worry, it doesn't mean that You have to open operations every days if you passed the test in two days And you still have TR trading days left super small operation the next days for the metrics system

[2:54:12] count as me opening a transaction and Ready. This is one way to measure what Some of them pass a test because luckily, and in one operation they manage to get a 10% passed the test and that's not what happened what these companies are looking for. And in this

[2:54:25] There is a very important concept that I would like to make it clear to you with all this There are fixed rules and variable rules in Most companies always tell you You're going to find rules that are They repeat, for example, the profit split or the

[2:54:38] the amount of daily loss you can assume in a day in this type of situations are the only thing that usually changes It's the percentage, but it's technically the There are others that have very specific rules. specific ones such as the rule of the

[2:54:52] consistency some companies have This rule that forces you to have a a certain number of operations that You can open in one day and other things too specific, and then there are variable rules no funding company is the same as the

[2:55:07] another one, and that makes some have Variable rules Although most requirements per company that usually change quite a bit, for example, the rule of number of trades and a limit of operations to see if you have

[2:55:21] Identifying these types of rules is very It's simple. You just have to go to the requirements section for each company and See what that company asks of you there. You will notice that some companies That said, they are more demanding than others.

[2:55:34] profit sharing, that's what Everyone is interested in profit Split or the amount of profit goes to vary between 80 and 90 because everything is going to opting for these numbers and often They have scalable plans where 80% is

[2:55:49] your first withdrawal and then a 90 in your second withdrawal basically if you have one You have a $10,000 account and you make $500 and you leave to be able to stay with 90 percent of those to be able to stay with 90 percent of those profit or with $450 the other $50 are for

[2:56:02] You're not going to earn 100% of the company's profits. Everything you do will earn you a certain amount percentage and commonly in the 99.99% of all these companies you will Having reached this point, congratulations!

[2:56:16] Finishing the entire tutorial was a lot It's an effort for me to sit for hours I'm sure it will be useful to you too much and through this material You'll be able to reach a new level of knowledge and already literally

[2:56:29] You learned trading, but now it's your turn I'll practice it and I promise I'll do it Keep learning, but now on my channel. without investing money you could dedicate Time to watch all these videos and keep going

[2:56:43] Learning TR, with nothing more to say. Me Goodbye. Thank you for getting this far. final part of the tutorial I'm sending you a I kiss you and welcome you to the world of I kiss you and welcome you to the world of See you in the next video for training