Day Trading Live London Session. FOREX

[00:13] I'm live as you guys can see I'm gonna share this stream

[00:38] all right um just a quick note looking at the economic calendar the Euro consumer confidence just came out the news one minute ago

[00:54] just came out the news one minute ago the previous was 82. consensus was the fact that it was going to go down to 80 and it is lower than expected so there could be a little bit of a push

[01:08] down in the overall market so I just plop Phantom trade let's uh let's uh to get my face up here

[01:31] bit huh how are you guys doing today can you guys hear me can you guys see me where are you watching from and what time is it for you

[02:09] like the replay is on the YouTube channel and that's public to everybody

[02:24] I'm feeling pretty good um people and

[02:36] awesome I want to do that um let's let's get rid of some things and take

[02:52] this out to a higher time frame huh so from yesterday I drew up a so from yesterday I drew up a one hour

[03:05] level it hit that one hour resistance level quite exact and it's kind of cool I got out of my position maybe a couple of points below that a lot of you guys had a bigger stop loss than I did on my

[03:19] had a bigger stop loss than I did on my first trade and dm'd me and said hahaha I'm better and I won that trade and you got your stop loss hit so congratulations to you guys that had a cushier stop loss because I literally

[03:31] got stopped out by three points um second trade you know went to um second trade you know went to essentially my target area and then

[03:43] Market went down to my uh imaginary line that I drew and then shot back up to that same level and then just [ __ ] for the rest of the day so currently we see two lower lows and two lower

[03:59] highs on the price but looking at the RSI I am seeing so that is a higher low

[04:13] at 32 and that is a lower low so it's still respecting the downtrend line that I drew

[04:26] so I'm curious to see if we'll break that if we do I might take a little bit of a long position up to this Zone I don't see it going back above that but if it rejects this then we could quite possibly Target a double bottom

[04:43] or maybe lower depending on psychological price levels we're psychological price levels we're chilling at 29 000 right now on us 30.

[04:55] momentum and RSI had its Divergence so might be a long position scenario let's check the 15 minute time frame and draw up our zones

[05:15] okay so now everything else is in place and if you guys missed the stream yesterday let me show you my two trades

[05:39] first one take profit was up here got stopped out by three points Market went in my original Direction got back in at a earlier entry and got out back in at a earlier entry and got out at 29 661 so overall I'm up on the

[05:55] account which is good hit that level and as expected just dumped and then hit that level again dumped hit that level again dumped so so so now we're on a one minute time frame

[06:11] seeing a bit of an uptrend it is counter trend I'm not going to count that because that's a consolidation Zone

[06:36] consolidation for me

[06:56] now we're oversold should have a retracements maybe sweeping those equal retracements maybe sweeping those equal highs yeah I take trades live Byron if I see an entry I take it

[07:29] check the five minute to see where the moving averages are at off of the trend trading below the 50 rejected off of that trading below the

[07:41] rejected off of that trading below the 21 May reject that I might take an entry here targeting

[07:54] that Wick and this Zone one to two point four depending on how this candle closes that might be a possibility Market is opening in six minutes

[08:07] so I will not be taking a trade until London session opens then we'll get a definitive Direction hopefully not get stopped out like we did yesterday

[08:27] giveaway winner they don't have anything to do with this given they absolutely do have to give away with this

[08:43] if you won the giveaway they will email you you won here's your funded account credentials credentials foreign

[09:02] I am trading us 30 on the five to one minute time frame Market's about to open so we're just going to sit and wait for a second

[09:20] stream usually it's like 112 we got 469 on here usually it's like 112 we got 469 on here that's crazy

[10:11] what you can do is email

[10:29] Hamza send an email to this not the support send an email to this not the support affiliate osprey.com

[10:57] mark up my zones got a bottom got a bottom got support now uh support now resistance then 15 minute to see more defined zones

[11:11] and then five minute to trade or one minute to trade

[11:25] it's pretty London open so I don't want to take any positions right now mt5 I'm using mt4 which I should probably open up

[11:52] currently 362 into profit put that over here

[12:04] candle colors but overall I usually just stick with this stick with this I like this color

[12:20] London open and maybe a liquidity crab right here if it wicks below I'll check the RSI if we reject I'll take a long position up to the trend line probably I don't know

[12:40] or maybe it might continue down and Wick below this area

[13:10] I didn't take a short this was just a little idea Phantom trade because um I was looking at the economic calendar Euro consumer confidence is lower than expected um but the Market's not open yet or

[13:23] London hasn't started yet so I didn't want to get into a trade pre-market because I told myself that I wouldn't even though this trade is probably going even though this trade is probably going to play out

[13:48] looking at a bigger picture we're seeing this week below boom holding it as support week below boom holding it as support so this might actually be a support area

[14:01] so this might actually be a support area we will see when Market opens on the one minute on the one minute which is down doji engulfing

[14:21] well London session has started my broker right now is showing a one point spread

[15:26] see what StairMaster is saying and that's the support level that it needs to break in order to run getting a long rejection Wick right now

[15:41] uh three line strike here to the downside

[16:43] like this whole area this whole area below this Wick like liquidity grab reject up like liquidity grab reject up come down

[18:42] that's what I thought so it started a little bit of momentum pushed up pushed up resisting at the 200.

[18:54] kind of forming a doji there we go

[19:10] see what you want to wait for is really big traps right so like say this went up and then it just Wicked and then boom cascaded down that's that's how you know it was a trap

[19:55] any nice way on the one minute on the five minute

[20:08] still showing counter trend tendencies

[21:00] moving averages are [ __ ] spaghetti sauce right now

[21:26] position right now one to three risk to reward that's what my trade looks like I'm doing this because I want to

[21:46] to this Zone let me just get this adjusted so that I is So I entered at 29 0004

[22:24] [ __ ] [ __ ] [ __ ] fun [ __ ] [ __ ] is it gonna [ __ ] hit this Zone

[22:38] really like the trade it I really don't like it I'm moving my stop loss to the moving averages so I've reduced my risk to about half a percent

[23:07] Trail this if it starts cascading down I'm literally gonna do half of previous candle stop losses like I did in that how to stop loss video

[23:19] how to stop loss video or had a trailing stop loss kind of want to move it to I kind of want to close it

[23:32] momentum to the downside uh stochastic is crossing down macd uh stochastic is crossing down macd showing negative and RSI below the 50. hopefully hopefully it just [ __ ] disrespects

[23:46] that doji and goes down I really don't like this trade I really don't like this trade too close to Market open

[24:00] hopefully that Euro consumer confidence gives me some down momentum

[24:12] very equal buying and selling pressure here

[24:36] that that low on the RSI was 25 that one was that low on the RSI was 25 that one was 26.

[25:08] dump [ __ ] dump you know you want to dump dump

[25:21] liquidity and continue down if it if it breaks this level right here right there and continues down we're good for the short position but right now I don't [ __ ] like it

[25:44] it's not a demo account it's a funded challenge account

[26:04] oh one minute price actions not liking this one minute price actions not liking this all right so

[26:19] um even that's not a fib so I don't come on just [ __ ] dump

[26:41] so I might close it at 29 or 28 929 there we go

[27:03] wait 28 928 9 20. 8 9 20. 8 so that's that zone

[27:15] in case it runs and then close it manually if it gets to that zone dump dump

[27:57] dump just disrespect everything dump [ __ ] oversold on the RSI just dump stop loss hit everybody

[28:16] all right original take profit area was hit already I'm six

[28:37] Mac stochastic is getting a bit low but showing hold on what's the low here

[28:53] low 28 900 come on if it dread I think it's rejecting yeah I think I'm gonna be out hold on

[29:09] come on go lower dump Dump Dump Dump Dump Dump if it gets above this candle I'm closing early

[29:23] boom one percent profit

[29:36] because this was a big Zone previous low points rejecting off of the bottom of I may be wrong and it may continue to Cascade down but I'm happy with the one

[29:49] percent take profit um

[30:05] looking for a re-entry until it rejects off of moving averages and or this level right here so this is kind of a no trade zone for me just because of this previous area

[30:19] just because of this previous area and just like yesterday we might hit a stagnation point because this is London session on a U.S asset so we might actually just

[30:33] consolidate in this zone for a little bit before it goes in any other bit before it goes in any other direction

[31:16] whatever like scalping's a pretty intense thing you got to be really on it especially when you're um when you're looking at specific price action during an opening session move

[31:29] getting you know a large chunk in a short amount of time um I mean I was able to get 500 and I mean I was able to get 500 and what when did I open that trade 907 and

[31:42] I closed it at 9 15. so [ __ ] 14 minutes 500 bucks not bad see that type of candle formation right there is nasty because you get like this

[31:55] Hammer thinking that it's going to continue down and then you get slapped in the face right there um I'm curious to see um I'm curious to see what type of move that's going to be

[32:08] what type of move that's going to be as far as Fibonacci levels be essentially entry point that I had earlier

[32:35] pretty much Frankfurt session all the way through to close of New York

[33:18] like let me open up Osprey run down the numbers my entry point for this trade

[33:30] was 29 904 my original stop loss was way up above the swing high and then I moved it to

[33:57] that was the stop loss level and then I closed the trade at 28 876

[34:12] no that was the original take profit level I closed I closed at 76.

[34:26] 28 933 nine three so it looks something like that it says one to two but it's not correct because it was a one to one because my stop loss

[34:41] it was a one to one because my stop loss was up here and then I moved it to here

[35:08] minute if it gets up to the 21 if it gets up to the 21 which is also the FIP gold Zone and rejects off of it with a three-line strike I might consider another entry to

[35:20] the downside but it's going to be like a half a percent risk

[35:43] approaching FIB gold Zone but potential next trade is going to look like this

[35:57] might be able to squeeze a one to three out of this [ __ ] technically it would be a half to a 1.5 so a half a percent risk for 1.5 reward

[36:09] really rejecting right off that 50 I don't like that because 50 is theoretically not a fib level but I would prefer being in that zone you son of a [ __ ] you're gonna [ __ ] do it aren't you

[36:41] hey guys what's up just didn't realize my face wasn't here

[36:55] of watching the live stream and getting into a trade with me because you're always going to get in after me because there's a lag in the Stream

[37:15] it's my money I'm going to trade it how I want to thanks bro I got this white hoodie from Zara

[37:32] minus you know me removing basically everything so 14 close whatever standard style I have this changed it to Yellow removed upper lower bands and just left

[37:44] removed upper lower bands and just left the middle band as a solid at the 50. take a screenshot three two one

[38:11] hold up wait a minute let me put some Pimpin in it Zone fibonaccis happened on all time frames at all levels it's just a thing

[38:27] frames at all levels it's just a thing so I like to draw them constantly so I like to draw them constantly okay pumpkin man that would have been a gold Zone that would have been nice

[38:44] just directly licking the 0.5 and then rejecting so that's why I didn't take rejecting so that's why I didn't take this

[39:05] whatever yeah it's all standard settings on macd just type in macd and it's the moving average convergence Divergence

[39:30] how much do you need to pass this challenge I am up

[39:45] hold on I'm up 1.7 percent I'm up 1.7 percent and I need an additional

[39:57] 8.3 I don't know I might not pass why I don't [ __ ] like funded accounts like it's great but I have thousands of

[40:10] videos to edit I have a kid I have a wife and I need to be more engaged in my relationship and I like I just do a lot of [ __ ] I'd rather just trade and be happy with my 800 profit on my normal account versus you

[40:25] know trading somebody else's Capital so they get rich off the [ __ ] you know they get rich off the [ __ ] you know 80 20 split or whatever that comes involved with that which is why I'm glad I was able to grow my own

[40:39] I get to literally not work for anybody and do whatever the [ __ ] I want to

[40:52] posted this the other day that I'm super excited because look look at what um this is USD polish zwolte

[41:06] it's currently at 502 which is like literally literally the forever [ __ ] High Point like I've never seen it here one to four was [ __ ] awesome for me

[41:19] and here and get rid of all this [ __ ] here and so I'm earning dollars and euros and

[41:36] Bitcoin and pounds and so when I get a conversion rate like this to my home currency I'm [ __ ] happy Polish people on the other hand are not happy about

[41:48] this and it's all about your perspective and what you earn so 502 for every dollar I transfer over to this country this country yes please

[42:10] oh that's a good thing to know weekly support Zone back from [ __ ] 2020. potential support Zone it has to reject off of it to be a support Zone it used

[42:25] off of it to be a support Zone it used to be a resistance Zone minute or whatever let's go to the one minute I like the

[42:39] let's go to the one minute I like the one minute rejected up this is a nice candle formation for a long position

[42:53] but Market is really on a nice downward spiral and I because you can make money if the Market's taking a [ __ ] and that's awesome because in my mind before when I got into

[43:08] um day trading it was only like buy a stock hope it goes up right penny stocks and yeah now you can sure you can long it's

[43:23] there's so much access to information about short squeezes on Reddit and like I don't know it's it's a fun thing but I don't like to do it all the time

[43:45] this and so in my mind price is either trending or consolidating so this is trending or consolidating so this is currently my consolidation range

[43:57] Rother and I'm gonna make that orange to say okay you want break retest up

[44:17] probably will be respected and yeah you should have short biases right now nothing above here unless we break retest boom okay

[44:58] I don't think I'll continue doing the live streams after this challenge because it's massively time consuming and ridiculously messes with my schedule I kind of regret because while I recorded that video and I was like Hey

[45:11] I'm going to trade a funded account you know it was all my videos are off the the spot and then I did it in the video then I edit it then I posted it so I had to commit to it but it was a freaking mistake like I don't have the time

[45:24] commitment in my schedule to do this but I'm doing it anyway because I said that I'm doing it anyway because I said that I would

[45:48] um [Music] I've been in Poland for like three almost four years now

[46:11] like fractal fractal fractal fractal fractal fractal fracture you can see fractals and fractal indicator is lagging like I said in my video and so yeah

[46:33] made one percent profit would have liked the one to three but I'll take a one to one profit is profit always take profit on the table don't like and then It reversed and you

[46:47] got like negative and you end up losing all your trades because you're not willing to take profit like I know a lot of people I even say it like let your trade play out but my trade play out was against all zones so I stopped I closed

[47:02] it early at this point I'm fine with it profit was on the table it's now in my account because that's what happens if you lose somebody else won and they took your money foreign

[47:37] Artie can you explain how you trade one minute chart live stream you'll see exactly how I did it but you take you know the chart to the one hour you draw up your support and resistance zones where it was

[47:50] previously support now it's resistance and then your bigger time frames and you're targeting and then you take it down to the 15 minute get more concise with you know the actual zones and like Wicks and [ __ ] like that's why this box

[48:03] is this box because of this Wick and then you know price came down to Here and Now rejected up so it targeted that 15 minute Zone and then I took it down to the five minute I was looking for you know candle formations and then I put up

[48:16] my my moving averages saw that we were in a downtrend so I was comfortable pulled it down to the one minute and then I saw as Market opened it rejected this area which is also the 200 came down you know nice engulfing candle

[48:31] confirmation candle got in almost at the close of that one and then took it down to this Zone original stop loss was up here so it was a one to one moved it to above the moving averages the 21 and the 50 right afterwards just to have the

[48:47] risk law risk lower to half a percent and then I closed early hoping that it would Cascade down but it didn't so I got out early got out early and what happened on the close or when I

[49:01] and what happened on the close or when I closed the uh so this one was you know it opened here started going down and then started trade once it got higher than the body of this one and it did so I closed and

[49:16] then price Wicked down here and then came up and it's just been doing this [ __ ] consolidation area see look at that consolidation Zone came up

[49:30] with you know came out Wicked and and now it's back in the zone like I don't I now it's back in the zone like I don't I don't like trading that [ __ ] it's gross

[49:49] up every morning already I've started waking up 5 a.m every morning Jim and all the other stuff my day starts about 7 A.M but I've already done thousands of stuff feel good about it that's what I do too I wake up at five I get a bunch

[50:01] of work done emails whatever a quick record a video then edit it and then I do my Discord hours starting at eight and or these live streams starting at 8 and or these live streams starting at 8 50. and then by the time this is over I

[50:14] can post and do SEO for everything on the YouTube and then by the time noon the YouTube and then by the time noon rolls around I've done more work like more work than is even imaginable for those people that woke up at 8 30

[50:28] and are in the office by nine like I'm com I'm so far ahead of you by that point you can't compete with me so that's why I highly suggest waking up at five because there's less traffic you can like relax and drink a coffee in

[50:42] peace and quiet so

[51:11] so I'm going to end the live stream here thank you guys so much for joining me another quick stream so I don't like this Zone I don't think it's going to do anything for like the next couple hours I got [ __ ] to do and

[51:25] you guys can keep trading um only get in on these these things um only get in on these these things ready so if it comes down to here okay and creates a double bottom and then

[51:38] shoots up you are looking for a Divergence on the RSI okay you can take that up to the top of this Zone because I think it's going to stay in this Zone depending on how hard it rejects off of that so that might be

[51:53] your entry that's your stop loss that's your take profit ideally what you would want to do is wait for a break of this Zone retest and come up then you're looking at this as your trade or if it just disrespects that wait for a break

[52:08] just disrespects that wait for a break and a retest of this Zone to Target the weekly low point right here so we're looking at a short position from 28 875 to 28 783 or a consolidation trade from 28 931 up

[52:28] or a consolidation trade from 28 931 up to 28 987 or a continuation to the upside right here rejecting off of this consolidation Zone um depending on again the rejection candle 29 000 and getting out at this

[52:43] trend line wherever the [ __ ] that happens maybe 29.93 I don't think it will break that downtrend if it does I'm giving you multiple options here guys if it does that's your next zone so

[52:58] you're looking at an entry of 29 100 and out at 21 or 29 29 190 okay so option option two option three

[53:12] and option four you have four potential trades right here watch price action and see what the [ __ ] it does got it cool thank you so much for joining me I appreciate it

[53:27] and I will see you guys tomorrow same time 8 50 A.M 10 minutes before London open GMT plus two two bye see ya