Live Forex Trading & Q&A

[03:39] getting my uh my lights set up sorry i reason why i'm late

[05:53] down again

[06:10] solution

[06:28] arnold schwarzenegger this summer thank you so much

[06:52] one solution arnold schwarzenegger this summer is little tortilla boy

[07:22] sweet everything should be good can you hear me

[07:38] comment and say yes that was bad

[07:52] of the other stuff in just a second um and so i've been trying to come up with and somebody's like oh you should try

[08:07] valerian root or some [ __ ] out last night of my alarms i usually set three just in

[08:23] case thank you jonathan i appreciate you bro

[08:37] um let's get into the housekeeping items so you guys are gonna be the first to

[08:52] i single day to try to fix the discord unfortunately it's it's not working out

[09:06] discord directly to see if there's a way coming into yeah

[09:21] better option web app or like ios or android app just so that you guys know

[09:36] i think i have enough tabs open um ready i'm gonna try this

[09:50] an app hold on new video releases will be on the first

[10:05] and then you got like categories crypto room

[10:18] notifications the artist talking channel the 20 the 20 pip challenge spreadsheet

[10:30] loading so i have three dudes helping me with it

[10:42] the replacement so we're gonna have an app instead of a

[10:54] yeah i think i have a picture somewhere of it

[11:10] hold on how it's going to look hold on

[11:24] two seconds okay

[11:37] once i make my face smaller room where we're gonna have general gonna have a forex channel and indices

[11:51] enough to have like the social aspect being too overwhelming like the discord this should theoretically prevent all

[12:07] the application or get access to it so yeah should be uh should be fun ta-da it's me

[12:24] the chat section and i'll read through is the app a good idea do you still want just

[12:37] throw it all away perfect entry he does a batch upload

[12:49] and that's on uk time usually at night access as long as you dm'd him the your your username

[13:05] yes free app free everything in order to like get the app like to play account and like your email and you

[13:20] the steps that prevent accounts like figuring out is like how much

[13:35] know 18 000 people okay to trading let's get into this

[13:52] full feature chart boom and

[14:23] my face smaller so i've actually been

[14:36] i was talking about uh how

[14:48] hidden divergences and i think they're you're looking at those divergences you to be looking for not the oh this is the

[15:00] reversing now it's like i said it's way really quick drop hard to catch the short and nine times

[15:14] here you got stopped out here and then versus here every single dip went up so um

[15:29] drawings to not confuse people we are in a downtrend i'm looking at

[15:43] gonna look at us 30 because those are you know look at

[15:56] oh that's weird level i'm on the one hour time frame through

[16:11] of support and resistance coming up we retest it but i really think it's going strong downtrend let me check the rsi to

[16:23] make sure there's no divergences

[16:36] i don't know if it's gonna like that lower low higher though

[16:50] there hold on wait hold on hidden look at this

[17:03] australian dollar us dollar and then we have another high right here and a higher high that right there is a

[17:19] you know or lower high and higher high so

[17:31] i for sure

[17:44] how she go stop loss just above that looking at 33 pips

[17:58] three risk to reward like trading view or use a broker that allows

[18:12] trading through trading view entry reason ready you can see it

[18:27] whatever another three line strike and a this is trade entry my mt4 app

[18:41] on my phone okay

[18:57] so australian dollar us dollar open thing yeah so

[19:12] i do all of my analysis here on trading open up my mt4 app on my phone and i on trading view i have

[19:27] level written right here on the right profit and so i take those numbers and i and i click the the short button

[19:42] the button if you have hold on

[20:06] seven three three one eight um if

[20:18] if if if if um check this out this is super common

[20:32] just don't ignore the fact that this is on the five-minute chart look at this understand so like the price is

[20:48] going up up up up up up up up up up starts climbing into the overbought area [ __ ]

[21:03] just gonna keep you know rsi up until it then it's gonna tank and so this break to the downside

[21:16] but look at that big ass candle entry

[21:29] just one of those days on the one hour time frame

[21:41] we've gotten a big ass candle rsi's be seen yeah

[21:54] boom about um

[22:07] just for a second i know it's like the important topic of forex say you have a thousand dollar account

[22:20] percent per trade so one thousand dollars wow

[22:34] dude how do you get rid of the magnet think i'd know how to do this if this trade goes sideways on a

[22:49] you lose ten dollars get it it's thirty dollars even if you went if you lost this trade

[23:02] dollars so your new stop loss for one ninety cents because that's one percent you should never

[23:18] be able to blow an account you can lose never actually go down to zero like

[23:32] of you know one dollar and then physically cannot go down to zero you or not be able to trade because you

[23:46] don't have enough money to over a hundred trades in a row a row you're doing something wrong and

[24:00] you've not seen any one of my videos going back to us 30.

[24:16] actually i need to change that to yellow have not looked at the chat whatsoever

[24:35] what laptop do you have i have a uh it's awesome

[24:48] the ea three and there's going to be three edits uh it's not functioning well at

[25:03] i need to like test it and test it and then yeah that's it

[25:22] that would be dope drew tma wallpaper for you and i will post it

[25:39] thing

[25:55] powerful than a regular divergence trends like to continue okay

[26:13] imagine imagine this lower low right here but then on the rsi and so you had a divergence right here

[26:29] damn trend line and then retests it and time for that divergence to actually this trend line

[26:42] and we're getting on the on the rsi then take the trade divergences than it is regular

[26:57] scribbles that kind of probably look like flaccid things yeah i don't

[27:11] broker it just doesn't work that way but mt4 app place my trade and then put it track the price on here i know what's

[27:24] prefer it that way well i don't prefer i came up with that is the best that um

[27:38] [Music] uh no that's that's not true hundred percent win race track who gives

[27:53] percent it's fine if you have proper three risk to reward and you have a 70 it's the the issue is that once people

[28:06] losses in a row they completely scrap their strategy and go for something new

[28:18] dryan [Music] down everything about hidden or bullish

[28:32] i show you how to see them um got on yesterday's video of people indicator is a lagging indicator

[28:47] i've i've said this a thousand times you it breaks the trend line that's why that lags the hidden divergences it takes

[29:00] going to be exactly when that happens like this is the the best way to use the back test your entire strategy using

[29:14] divergence indicator and learn how to how to spot divergences it's not like it saw them because i've trained my

[29:28] eyeballs to see divergences so use it in divergences live and you're good to go okay

[29:44] stop loss on australian dollar us dollar resistance drawn up on the one hour time frame as you can see here

[29:58] i have drawn up historical and lows and areas where the price did it and took off so

[30:12] frame and these should be your targets time frame you find your entry candle and you you take your trade with your

[30:27] in these zones that's it okay

[30:42] uh i use one to 500 leverage because doesn't like i wouldn't go above 500 five thousand leverage

[30:56] because most people start off with small but if you have proper risk management like you're good

[31:08] resistance like horizontal line to rsi is it possible placing a support and horizontal line on the rsi no it doesn't

[31:21] work like that the time that you like click the button

[31:34] through your broker like i don't know bad or sometimes the broker you know has what you're clicking on the app versus

[31:48] that's the slippage that's the diff like say you entered it you know 73004 button but your broker didn't execute it

[32:01] until it was seven three three zero five or zero six that's slippage they take an average

[32:16] but like even overlay that arrow will be permanent those are

[32:30] take an average of an engulfing candle candle so once that candle closes arrow will just stay there so that's not

[32:42] it will show up the second it becomes but once it's closed it's closed it's set in stone you can't

[32:56] do scale entries i i don't scale i try it tends to add to my losses if i do um

[33:11] i break my trade up into two because say you know say i'm going for 10 pips and

[33:24] say i want 20 pips total but i know that in a short amount of time but i know for 10 10 pips so i'll take two positions of

[33:39] two 10 pip trades which gives me smaller position you know what i mean like you're just

[33:53] same [ __ ]

[34:05] like the engulfing candle indicator on um

[34:19] america and you have you know you can make it happen you just need to

[34:31] account at that point simple and clean that is the whole point free indicators on top of each other and

[34:45] distracting for me i just wanted to see moving averages that's it drawdown limit of 2500

[35:04] so that means that if you lose 10 trades funded account or whatever so just risk

[35:16] it should be your stop loss for every i'm in poland

[35:28] support and resistance unless it's that's where price rejects then it's not the level

[35:52] uh gold you guys want to see gold okay supply and demand soon it's very highly requested

[36:07] broker money after your that's why they do um a margin call you've over leveraged and your account

[36:22] automatically close your trade you will never go negative

[36:40] [ __ ] gold from 1800

[36:54] to 1600 one two three four five six like 12 hours that's crazy

[37:08] dude if you got stuck in that it's like instant funeral like gold

[37:22] like look at that do

[37:36] half foot pole

[37:48] because it gives me the option to close the trade is going really well and it's quickly it allows me to move my stop

[38:03] let it run and then do a trailing stop level one and adjust the other one instead of

[38:17] like going in and typing in close point so it's just easier to have two because then you just close one instantly

[38:34] news i probably should more often than but i don't i don't check the news price action is king

[38:58] i'm hoping that's you sinners like the actual sinners

[39:12] euro usd

[39:37] you know because right now i mean if it starts a double bottom

[39:50] looks like that's a stretch for sure

[40:02] but but i wouldn't i wouldn't trade off of let's go down to the one hour

[40:16] actually undo there we go

[41:00] to the 20 or to the 200.

[41:17] the swiss franc

[41:35] uh what time frame happened and it's just

[42:06] took freaking sleep aid medication done i was out and i overslept and i had to haul ass to

[42:21] it's a good thing i got that e powell babe

[42:41] uh i stick with those two but sometimes this this is always fun for me ready so say

[42:54] these drawings there we go this one

[43:08] i don't know like this of all the the pip hunter ss

[43:24] resistance levels only you get in on the close of that candle gotten more and more and more

[43:39] you gotta buy outside and you just resistance it is my favorite

[44:05] agreed 100 dude i got a freaking mosquito bite

[44:18] right here lamp i would waste all of them on making sure

[44:31] never exist for all of time in existence because mosquitoes are useless [ __ ] useless

[44:45] useless i hate mosquitoes

[45:01] and 4x pairs trade differently what you these pips trade it as it is with points okay

[45:15] every point gets me a dollar profit that's like me you know try speaking

[45:27] in order for me to understand like in my head and then i think about it in translate it back into polish and then i

[45:41] way you have to either understand and don't mix the two it's easier that way

[45:55] mosquitoes created syringes genius

[46:17] of histamine reaction

[46:30] so many of them exist pond or whatever and then the sun sets like coming at you and you're like [ __ ]

[46:45] [ __ ] predators to eat all that [ __ ] oh this is beautiful what a perfect day

[46:57] mosquito cloud came out and i was talking about this [ __ ] like wiping them off of my arm but they

[47:10] just my arms were covered in streaks of beach trying to get back to the car i minutes it was the worst thing ever

[47:37] oh uh looking at the australian dollar u.s

[47:51] usually when you get a big ass candle then if it does not like it is doing here

[48:07] we had the big ass candle and then the is why i do not like trading pre-market lower because the world ain't open yet

[48:23] morning they haven't had their coffee like to place a trade pre-market but you it so i did

[48:37] this is not an engulfing candle but it's so would probably hit very very soon but

[48:52] risk management support and resistance i'm going to leave my trade a little bit different

[49:04] my trade o'clock eight o'clock is usually like a overall i think you know this trade

[49:17] um don't touch it don't touch the mosquito why can't he use windows and does have

[49:32] to use a macbook stop what i don't like the to i don't like the doesn't do what i want it to do and it's

[49:47] when i can get this holy [ __ ] high-end ryzen radeon rtx everything but it's a beast

[50:04] so and i don't see a setup within you know

[50:16] i'll look at the market two hours before whatever i want to you know look at that within 45 minutes say like market opens

[50:29] setups bye bye not trading that day exactly sinners

[50:49] plus primarily when imac the 21 inch desktop thingy i i started editing videos on it and the

[51:06] premiere pro was like this like choppy the because adobe premiere pro uses your gpu

[51:22] and just suck and they're way overpriced way

[51:37] gotta get air pods then you gotta it's they're [ __ ]

[51:50] yes tan joseph australian dollar us usually move together because them other and they're like the same [ __ ]

[52:05] europe previous week it does nothing beneficial

[52:19] to you i wait for my big ass candle if it out because

[52:34] that's the trap never do that ever

[52:47] craigslist style like super cheap it's an aoc something it's like i don't know

[53:02] four or five millimeters okay look because there's time zones a different time in the future from

[53:17] europe their nine to five is different the nine to five in europe is london new york session

[53:34] thoughts on christie's strats they're you should listen to everything that she she make a lot of money

[53:53] yes andreas okay you'll be very happy

[54:05] i blew my funded account

[54:18] nope uh news

[54:30] calendar when you google that it shows you the shows you all news events and their

[54:45] this harmonized index of consumer prices high and that's tomorrow

[55:00] no consumer price index and food and energy don't

[55:16] yeah i'm gonna end the live stream here a little bit delayed today

[55:29] thank you for the 10 super chat and uh video if i do a video tomorrow okay

[55:42] thanks for joining me in my room alone to show you guys this ready hold on i'm not in my room alone

[56:15] office space i'm in a room alone by piece of metal and looking at a piece of bye

[56:30] bye