Day Trading Live London Session - Forex

[00:19] let me know if you guys can hear me and see me and I will check on my end

[00:35] oh brother you guys ready to get into London session

[01:30] all right um um I know that we have a big audience from around the world

[01:43] if you speak another language Spanish Portuguese Arabic French German whatever if you speak another language as well as English fluently please send me an email because

[01:59] fluently please send me an email because I need your help I am doing a thing and like I can check the work in Polish because I understand the language but I and I need I need people's help so if you speak

[02:13] another language please email me at tmafxc at gmail .com it is in the chat right

[02:26] now email me there please um see please send me an email because okay good on your end

[02:45] so we're going to be trading us 30 today hopefully um I'm looking for long positions actually which is contrary to the massive downtrend but I think

[03:02] the massive downtrend but I think depending on what price does I am going to try and swoop up the move up to 30 000 ish because right now it's chilling at 29 500 and I want a small

[03:19] chilling at 29 500 and I want a small chunk of a potential pullback to the 30 000 range or if it rejects this area we're going to be looking down so let me show you your screen yeah any language Italian icelantic uh

[03:35] Italian icelantic uh gaga googoo if you speak baby let me gaga googoo if you speak baby let me know

[03:51] close okay gonna make my face kind of small um

[04:08] us 30. take off some indicators take off my volume profiles and I want to look at that just yet what I want to to look at that just yet what I want to do is take it out to one hour

[04:25] have a nice naked chart and on the one hour got a nice strong downtrend right and what I'd like to do is drop an imaginary

[04:40] fictional trend line

[04:53] my touch Point My Touch point my touch points and

[06:21] is all right um so one hour support and resistance levels

[07:13] getting quite a bit of rejection in this Zone

[07:26] in right now we did break the downtrend through

[08:14] or sorry macd uh stochastic is is telling me bullish and so if I can get a piece of

[08:36] I'd be a happy dude so getting down to the five minute let's look for some price action areas so we broke that area

[08:58] up even this small scalp even this small scalp between here and here is 135 points and oh looking at the I was wrong Zone it's

[09:13] looking at the I was wrong Zone it's going to be then the move is going to be 160 to the down

[09:30] 160 to the down so um thank you Robert I appreciate that

[09:46] the challenge I am a whopping 38.49 in profit and that is me coming back from a four percent loss so I had a drawdown of four percent in the funded account and

[09:59] now I'm up basically nothing in profit so we got a ways to go but I will do my best

[10:15] London open is happening right now so I don't really actually I should don't really actually I should oh I gotta pee but it all right let's put on some TMA overlay see what

[10:29] the moving averages are doing we're trading above the 50 or above the 200 on the five minute time frame um would like a nice healthy pullback and a move up

[10:41] again when looking at moving average crossovers when it crosses over there's crossovers when it crosses over there's usually a pullback at that time

[10:55] crossed pullback basically happens every time 21 and the 50 crossed over pull back okay

[11:09] we're not expecting pullbacks see what Christie's StairMaster has to say okay so that's the range we need to break in order for StairMaster to be valid same on that

[11:23] three minute time frame shows a rejection off of the 200 pushing up

[11:36] let's make this Zone a little bit more generous

[12:27] foreign foreign all right so we're looking for something like

[12:53] a one to one to two I want to chill at like one to three is one to four is because I got a lot of catching up to do and a short amount of time to do it in

[13:23] I'd like to see some decisive moves in the market let's put some volume profiles up to see which levels are uh substantial a lot of buying and selling pressure here but it's leaving it to the upside

[13:37] so more buying pressure I believe checking on the five minute

[13:49] three minute 15 minute

[14:03] cool I'm gonna get into a trade right here which means that my take profit is up there

[14:16] there and I'm going to send it in and I'm going to send it in a few seconds

[14:57] hold on let me put this here stop loss

[15:11] so take Prof or entry price on this was 29 561.

[15:47] hmm right here as it did at 8 21 but we got our break our retest and our

[16:03] rejection so I want to get this one to three but

[16:16] but most likely what was that 29 742. most likely it'll go up to this area which is a one to one point three

[16:42] so we'll see what happens hope for the best to mitigate risk because if it goes down to here then I

[16:58] because if it goes down to here then I was wrong in my potential uptrend was wrong in my potential uptrend but we got our Cross pulled back push up

[17:10] got our five minute

[17:23] but Market open you know it's got a lot of volatility so hopefully we can get out

[17:50] on the one minute it's rejecting kind of the 21.

[18:26] down if it goes past this to here I'm moving my stop loss to break even

[18:49] oh so underslept dude so underslept guys

[19:37] strike which I like actual signal and uh we will go from there right now it is rejecting so we'll see 10 seconds left

[20:04] might actually be good for let's wait for a confirmation candle before we start doubling up our position sizes

[21:05] so I think depending on what this candle does um might have to close out might have to close out or just wait and see

[22:42] the 50 and we're coming up to the 100. probably going to get stop loss hit on this that's okay we'll find another entry and we'll keep going boom stop loss hit um now we need to reevaluate

[22:59] what was going on so basically Market open tested this area shot up got in trade went against us shot up got in trade went against us stop loss hit

[23:29] your stop loss is my entry so let's see what it does so let's see what it does here

[29:02] these are my levels if you want to take a quick screenshot

[29:41] 29 7. 15 15 and stop loss level is and stop loss level is 4.95.

[30:34] level to see if it's not going to make a double top so previous time we were here was 83.69 and now we're at 67 so

[30:50] thing we got stock uh chilling at like 92-ish but macd is showing us bullish momentum with a just a cross above so

[31:02] this might be healthy or it might reverse at this area we'll see I do however want to move my stop loss a

[31:14] bit higher because I want to risk less so I'm going to move it to the moving averages

[31:29] like just above the 50 for right now currently 288 296 in profit hopefully we get a nice runner for the next like I don't know hour that would be great uh our take profit level is quite far

[31:44] level is quite far um it's about so hopefully we can get there we are currently at that level a little bit of

[31:58] currently at that level a little bit of a wick but we've kind of broken above yeah we'll see what happens huh maybe a break retest continuation

[32:11] really concerned about this because my take profit's way up here but even if it gets to this Zone it's a one to two so it'll give us one percent on the day

[32:49] crossing up on stochastic turning green on macd above the 50 on RSI might have a runner on our hands which would be sick and then I could edit some videos because I have a ton of work

[33:05] videos because I have a ton of work to do guys like a ton of work to do and I would like to get done with this trading session as quickly as possible

[33:19] loss again quickly it's impossible I can't grab it but no

[33:39] Let's uh let's just keep hoping this thing moves in our Direction currently uh the move has gone 50 points in our I kind of want to move this to a risk-free trade which means Break Even

[33:57] concerning I don't want like a break and then a retest and then get stopped out and have it continue so I'm just going to let it sit right here to let it sit right here below the 21 which is comfortable for me

[34:10] I don't like the loss of momentum on the one minute let's check the volume profiles and see what they're saying I'm dude I swear to God if they don't increase the heat in my office I'm

[34:23] gonna be pit like I'm freezing right now

[34:37] we've had one two three four rejections off of it so it's this take profit area is maybe a little bit generous we'll see what happens when it gets to this Zone but overall I'm feeling

[34:53] but overall I'm feeling good about the run up profit getting a nice nice momentum candle

[35:07] getting a nice nice momentum candle right there

[35:20] risk-free just because it's really juicy

[35:32] a rejection back up then I'm going to move my stop loss to That Swing Low like I did in my trailing stop loss video thing so in my trailing stop loss video thing so my take profits up there

[35:50] hopefully it'll hit maybe 700 is a better number

[36:05] this uh bearish candle was at 633 so I don't think that is any type of psychological level so I think it should just disrespect that zone and continue up

[36:28] just sucks that I was wrong on the first one I thought that was the Zone but it wanted another liquidity grab to this area and uh yep I mean rejection off the 50

[36:42] break of that like I was assuming and it just came down on liquidity grab but we got in again because we respect our original analysis we were just part of uh you know retail Trader grab

[36:55] and uh we are currently in that zone that I was targeting before or that one that I was targeting before or that one that I wanted to keep an eye on

[37:07] degrees in my office like I'm surprised I can't see my breath right now so a little bit of a rejection candle at the zone we are high up on the stock RSI is 78.

[37:24] let's look at a little bit of a higher time frame and see what it was here we got 64. 78 and

[37:38] and 71 currently we are at 71.

[37:52] I'm gonna put on a jacket or a sweater hold on

[38:20] all right so current trade is 784 in profit current trade is 784 in profit um so that would be a 150 Point move on U.S

[38:36] 30. I would like to move my stop loss but I haven't I haven't had any higher lows be made so let's just keep hoping for a

[38:51] Runner just run forest run type of

[39:05] really good momentum moving candles guys hopefully it can hit this uh take profit level of twenty nine thousand seven hundred

[39:25] so like let's do let's do six

[39:52] 697 and you have to click the goddamn Blue Button already um definitely gonna move definitely gonna move my stop loss

[40:13] little bit of hesitation I would like it to just go but maybe I should just take my two percent huh what do you guys think take percent huh what do you guys think take it

[40:32] momentum candles just get there stochastic is still up not showing any signs of weakness

[40:57] let me know if I should take the winnings or keep it running

[41:22] on the table uh negated my previous loss so as you uh negated my previous loss so as you guys can see we had a 514 loss one percent and we got like a one and a half percent take profit

[41:36] the overall trend is massively down this was a counter Trend trade even though on trend but I still think the U.S markets are so

[41:49] I really I really think that we're going to hit like 27 000 on this so I got out just to take profits I'm this is basically with funded accounts you know you're

[42:04] wanna you wanna mitigate risk as much as possible and when when money's on the table you take it you know an 800 trade is good

[42:16] especially after the one percent loss you know 1.5 take profit so I'm up a little bit more than I was this morning um we're just gonna keep looking for another entry

[42:31] and uh see where it goes I really wish that first one wouldn't have had two entries you know what I mean

[42:51] like when you have previously marked up zones where the price rejected like aggressively as you want to be very very careful thinking that oh because your take profit is up here that it's

[43:05] gotta hit no price doesn't respect anybody except for big Banks because they're the ones moving it but you can clearly see why I was hesitant in this area because oh oh oh these and these

[43:19] aren't like small moves Guys these are 254 points known get the out and so we took a little bit of profits off the table

[43:35] which is completely suitable this is why I don't like trading or having the goals of hitting 10 because normally I'd be stoked with this I ended the day in profit and I got money so if this was my own personal account you

[43:50] know I'd be up 340 330 bucks for the day and if you 340 330 bucks for the day and if you guys know I live in Poland so 330 times

[44:03] guys know I live in Poland so 330 times literally I think it's 4.95 right now I would had 16 this is like this is 200 Polish currency away from my monthly mortgage so it would have been a really good day

[44:18] so it would have been a really good day for me trades I had one loss of one percent and then one

[44:33] then one go a little bit further how much is that hold on 840 my account balance was

[44:50] let's just say 49 500 because I had the loss loss so gain of 1.69 percent

[46:03] um this one hurt like

[46:27] literally got to 496. so like three points yeah three points into stop loss like ouch right

[47:27] here's a thing with a huge move like this this uh this top to bottom move was

[47:41] that's a pretty good move for London session session so I think that now the price is just it might even just consolidate in this Zone

[48:20] not bad not bad and that's how you don't let a loss with your mentality and you just get in again like you got you got worked you get in again

[48:37] you got you got worked you get in again that's it going to be decent though with this consolidation area but that that thing just I knew that it was gonna go I should have just closed out there or

[48:51] moved my stop loss to a half a percent loss

[49:04] or reversing price is consolidating price does one of three things it trends or reverses dramatically like quickly or dramatically like quickly or consolidates

[49:40] I wonder what type of FIB level that was boom boom gold Zone

[49:58] trading and you're like scalping one minute it's so fast acting like in retrospect I can see now like oh that was gold Zone but during it there's so many things going on you can't double check everything

[50:22] one was a totally a totally a good entry a 382 retracement on that bullish of a totally okay I just got cooked I just got cooked that's it

[50:45] entries right now we're too far away from the 21 you missed 160 Point move day guys prices deciding to chill in this area

[51:02] would have to wait for it to come here and reject strongly off of that but and reject strongly off of that but there's no no Zone next to it right like there's no no Zone next to it right like maybe this if you want to count that but

[51:16] maybe this if you want to count that but it's a bit of an iffy statement for me

[51:50] just sit and watch for another like 10 minutes or so see what happens thing that I'm working on I want because I know that like the

[52:02] I want because I know that like the YouTube I like the YouTube I like teaching people I like having the reach that I have but what I and that's why I have my YouTube videos in 38 different languages

[52:16] with subtitles and so what I've been working on is this

[52:31] so this is my friends with all of my subtitles put in here

[52:47] dubbing so so let me let you listen to this is

[53:06] dubbed which is why I need help from people that speak other languages because I need you to check the work in Polish I can check it and so polish is going to be the first one

[53:38] out a little bit and then come back and chill in here so I'm done trading for the day sucks that we took the loss but would have been nice with uh two wins because I definitely would have taken

[53:53] two entries on that um up in profit not even one percent point seven of a percent so we will uh get back to trading this funded account challenge tomorrow same

[54:07] time 10 minutes before London session I will post the link in the announcements page later today and awesome Johnny Bravo please email me at TMA fxc gmail.com okay I put it in the chat

[54:25] if you speak another language please email me and all I need you to do is get on a like a zoom call or a Google me video call with me I will play you the audio sample and you will give me a one out of ten rating

[54:41] whether it's like oh it's it's nine out of ten there was a few mistakes but it's completely understandable if we can get nine out of ten on the on the work then I'm down to just like process the rest of them and we'll be good to go

[55:00] will see you tomorrow guys bye see ya later