Live Forex Trading + Q&A

[00:20] i'm not gonna show my face until there's a hundred likes on this stream a hundred likes on this stream click the like button

[00:46] all right what up everybody i was just kidding about 100 likes kidding about 100 likes i could care less about vanity metrics

[01:00] on sunday and i literally had the greatest weekend of all time uh let me know if you guys can hear me and see me and see me yeah also if anyone is a

[01:15] streaming pro the latency between my face moving and my voice actually coming irritates the hell out of me so if anyone knows how to anyone knows how to fix that dm me please

[01:32] thank you for all the birthday wishes i appreciate that appreciate that i uh yeah like for my birthdays i like to just like chill solo and like

[01:44] was great silver master studios coming in with the first super chat of the day good morning bro

[01:57] let me know where you guys are watching from my global auburn wow and i haven't even said anything special yet

[02:09] um i don't know i think i'm getting sick which is freaking weird but we are uh welcome to the channel everybody my name is ardi this is the moving average we talk about day trading uh i'm gonna be doing some markups on

[02:23] the charts today to give you a general direction of a general direction of us 30 german 30 odd usd us 30 german 30 odd usd maybe some crypto um

[02:36] some gbp [ __ ] yeah i'm just gonna give you some some ideas on uh what direction things are going man so

[02:50] man so if you guys just want technical analysis this stuff go grab a coffee and then come back in five minutes i'm gonna tell come back in five minutes i'm gonna tell the people here about my weekend

[03:03] so i went to poland for three days i left friday night i came back yesterday morning and i freaking am so addicted and in funny so i'm not a big fan of pedaling uphill

[03:20] because it's exhausting and i want to spend all of my energy going downhill so your bike up on the ski chair lift and it takes it up on the ski chair lift and it takes it up for you and then you just ride downhill

[03:33] so uh i rented a bike it was the trek remedy remedy 9.8 thank you silvermaster studios press the like button three times to see the magic um

[03:52] carbon frame fox 38 in the front like it's it was a good bike but what i is an e-bike you guys know this from the off-topic chat and so they finally got in some trek rails uh the 9.8 also full carbon frame

[04:09] is a beast but it wasn't available they only had it in a small and a large i needed a medium um but luckily because it was supposed rain like torrential downpour all weekend a lot of people canceled

[04:24] and that bike was available on sunday for me sunday was literally the best day because not only did i get the bike of my dreams i saw the true potential of mountain biking and it was crazy because

[04:36] the motor assists you right and i could literally pick any direction that i wanted thank you thank you milan um i could pick any direction i wanted and just go and the motor allowed me to get up the

[04:52] steepest climbs like climb so steep i couldn't imagine walking on them let alone riding my bike up the hill and it was crazy to just experience mountain biking like that where i could just

[05:05] see a mountain and say i want to go there and i went there and within that one bike ride that took like just over two hours i put on 22 kilometers and it was the most exhilarating satisfying

[05:20] and crazy downhill experience of my life because the the trails in strike and the mountain is absolutely gorgeous and i was actually like riding in the clouds i'll

[05:32] chat later but seriously i cannot wait to buy this anywhere between five and seven thousand dollars but

[05:46] um yeah i'd sell my child for one i'm kidding kidding i love you maya um so yeah that's that's how my weekend was i ate tons of good food

[05:58] i said i threw the diet out the window and i just i had fun it was the greatest thing ever so a couple of uh things i want to chat about really quick uh the channel is still growing

[06:12] is still growing like crazy we are current i think last thousand subscribers and this week we're at seventy three thousand one hundred and eighty eight

[06:27] i think in the next 30 days we should hit that 100k mark hit that 100k mark uh overall lifetime views 2.3 million and uh it's still growing i'm getting about 40

[06:41] 000 views a day that's insane to me so i i really genuinely thank each and every one of you guys for all the support and the views and the subscriptions and joining the community like

[06:55] you guys are really awesome i totally think i'm gonna get sick though my body is trashed like every muscle in my arms every fiber is just torn to hell so my body's recuperating which is

[07:10] making my immune system just go away so i'm probably gonna be sick um so i'm probably gonna be sick um anyway let's get into some technical anyway let's get into some technical analytics

[07:31] okay um bam bam make my face a little bit smaller

[07:44] because it is the pair that i watch the most uh you can see over the last few weeks i've actually been leaving my markups so let me get rid of the rsi really quick

[07:56] and yeah so i mean lots of up trend lines but recently been catching more downtrends and what was that since was that since the 16th it's just been cascading down

[08:11] is you know lower lows on short down trends

[08:23] up there needs to be a divergence so if we look this low and this low like high or low right

[08:37] fat divergence and so what did the price do it went back up so we are in a massive massive little downtrend right here massive little downtrend right here massive little still no divergences

[08:52] but it's on the hourly but it's on the hourly and like higher time frame wise and like higher time frame wise like it only it diverged i it diverged

[09:05] it yeah there was a divergence here which you can't really see a low but green and there was a tiny little divergence here but now it's at this previous level

[09:18] of uh support resistance now resistance and on its way down and i i genuinely think i genuinely think that this is the next zone just by glancing at it on the one

[09:32] um now i don't know how long it's going to take if it'll come up and retest this or and then come down but this is the zone you guys should be targeting on us 30. um let's take it down to the 15 minute

[09:50] um let's take it down to the 15 minute and plop up that yeah yeah so rsi is below the 50. we're still in a strong downtrend um i would watch this because

[10:06] this was our high and that's our trend line line so we broke if we retest and bounce up we're going to hit this zone if we break through we're gonna hit this zone

[10:18] this is the line that you should draw on the 15 minute and watch what happens here be careful with wicks wix

[10:30] be careful with wicks wix trap people okay candle close trap people okay candle close watch out for wix

[10:44] yeah vin diesel hold on super chats jesus okay um milan thank you for the the birthday monies um the birthday monies um david thank you for the sticker

[11:05] lot of beer in my country hold on sri srini hold on sri srini surname i'm sorry i can't pronounce your name but thank you i appreciate it

[11:25] group uninstall discord and like turn it off and turn it back on that is the most common issue with discord like you have to click the link and then you know go

[11:38] need to do is click the thumbs up button on the verification post and you're in if it doesn't work just turn it off and turn it back on

[11:57] an australian dollar us dollar and occasionally ethereum yes discord is everything that i do is free all the lives are free the indicators are free the videos are free i'm a big fan of free

[12:11] google pays me in adsense so i don't need your guys's money plus google has probably deeper pockets than most of than most of humans

[12:25] really crackly cough i might die this week i don't know my body feels like i'm dying i literally i went otb on my bike this weekend which stands for over the bars

[12:37] man i was like cruising cruising new trail left hand berm came around a bush and the trail did one of these things but right there was a stump [ __ ] i hit that stump tire jacked

[12:51] sideways [ __ ] otb you let go of the bike always let go of the bike but my legs are bruised to all hell like i got 15 bruises on my

[13:06] legs and then on that big long trip with the i was cruising down and i can there was and it was there was so many rocks that you could not see the earth underneath

[13:18] and i'm just like plowing down this hill and i can hear all of them like flying up and hitting the frame the shin and i literally thought i was gonna crap in my

[13:31] pants it hurt so bad so my shin is just black it's so bad so my shin is just black it's about as black as this laptop

[13:49] yeah so the rd v2 indicator for those that are asking uh looks like this it is great for scalping but it's also great for great for uh for swing trading

[14:01] because if you see like you get this huge engulfing candle on a daily on us 30 and you rock the thing up until you start losing momentum and even that

[14:15] that was a few days swing trade you start losing momentum start losing momentum here and that was 892 points on us 30. so yeah it's really great for swing trading it's great for scalping

[14:28] it's great for everything to be completely honest come down because look at on the daily time frame this is the 21 period moving average and this is the 50 on this level of support so

[14:42] it's it's most likely going to come down here and test it again like i know we had a long wick but this new daily candle is also going bearish so that's that's my zone right there i

[14:56] can't believe that it went from 35 000 in two days down to 33 700 it's going to keep going down to 33 650 or even 500 depending on how long the wick is going to be

[15:17] been spending you know eighty percent of my time focused on the youtube channel cutting back on my trading to about 20 of my time but win rates about 82

[15:30] good good so i'm satisfied with it um yeah i mean if you're doing say you have a 50 50

[15:44] win rate like 50 of the time but you have good risk management and you're you're still profitable so i don't know what the big deal is with win weight win rate percentages like i know it's

[15:58] going but as long as you're above 50 and you have good risk management you're good like long term trading here i'll show you so

[16:15] here i'll show you so with my uh with my indicator not my the indicator created indicator the indicator indicator created for the channel like this is

[16:27] the the cross through the uh the 200 and then you wait for you know a nice retest with an engulfing candle so

[16:39] this would have been the engulfing candle and i would have entered there risk to reward ratio so uh it would have looked something like this where at the close of that candle um i

[16:54] get 2x the length of that candle and then my uh ratio is one to two so the length of that candle times four times the length of that candle so right there

[17:11] the length of that candle so right there you would have gotten massive chunk of change trade big ass candles rejections off of

[17:25] moving averages in the direction of the trend trend cells below the 200 buys above the 200 but all moving averages must line up you'd have the 200 the 50

[17:37] you'd have the 200 the 50 and the 21. cool that's it jesus the chat rate on this [ __ ] is ridiculous ridiculous um i have used lux algo

[17:50] trading check out the video that i did on it um if you're like i would like to move more into swing trading so that i can but i just don't i like scalping better um

[18:15] ea is done with this strategy trading off of big ass candles and rejections off of moving averages but i have yet to be able to test it just because i've been so busy and then

[18:29] my birthday weekend so i'm going to be testing it today and tomorrow and then we'll make any adjustments for version two um i just i like i like eas but i don't like eas that

[18:42] i didn't make myself like i've always had an issue with eas because i don't it's entering a trade like i see it and i'm like why would you enter that and there's always massive drawdown i like

[18:55] ea developed off of my strategy is going to not have to sit on the charts all day and if it can be profitable i could just turn it on and let it run and make money trading without actually

[19:10] physically having to trade i mean i would monitor it because it's hard to put in support and resistance levels with an ea but it's gonna be nice um hold on one second

[19:31] the one minute in the five minute but recently there's been a lot of noise and stopped out way too quick so i moved to the 15 minute and the the win rate we just went through the roof

[19:48] london open there's also a lot of movement a nice chunk of movement happens during trading usd pairs don't avoid the london session

[20:02] it does move a substantial amount and you could be done before the new york session even starts thanks for everything that you do for us and happy birthday thank you i appreciate that man

[20:19] the worst i feel off of my game and i don't like it um if all of your trades are going wrong um if all of your trades are going wrong you should

[20:35] that's what you're doing get on a demo account and go through my videos again and choose the strategy that you like it's scalping whether you're only looking for

[20:48] shorts or only looking for longs you have to pick one pair and really get one pair only non-stop for a month on demo and then percentages and why you're losing trades and then

[21:05] you have the confidence then you can put in real money and start trading

[21:18] remedies like eating garlic and freaking vodka with eating garlic and freaking vodka with fresh ground black pepper on it i fresh ground black pepper on it i trust me polish old polish women

[21:30] trust me polish old polish women or like now you gotta you gotta rub uh bark on your face while you know you smell the vapors off of tea it's freaking weird the things that people come up with but they usually work

[21:56] euro usd uh wow i was freaking ranged huh get rid of the uh hide the indicator um

[22:12] hide the indicator um need some more levels right there need some more levels right there that's going to be yellow

[22:27] we are in a downtrend whoa edit undo bro whoa edit undo bro we are in a downtrend

[22:45] what it's gonna do yeah i mean i wouldn't i definitely wouldn't be looking for long positions right here

[23:01] candle off of this support level this is your next zone that you're targeting but that's a short scalp i wouldn't don't seriously don't do it because look at this fat ass downtrend i would wait for a break past this

[23:18] you know look for an engulfing candle and then target that zone and then target that zone and you got 24 pips right there don't don't go for longs on us euro usd for sure

[23:37] discord group in the chat that would be great it tends to gunk up my computer also i need a new laptop that doesn't sound like a [ __ ] dyson vacuum

[23:52] so gaming laptop great graphics card because when i edit i need card is helps me with rendering speeds and

[24:04] need a gaming laptop that's [ __ ] quiet and 17 inches if you have any suggestions literally dm me on discord because i need help i need to throw this thing i need to give it to my intern that's

[24:18] i need to give it to my intern that's what i need to do i don't like renko or uh freaking haikanashi

[24:33] those but if you are swing trading look at us 30 on a one hour or actually let's do it on the daily the daily if you're doing us 30 on a daily

[24:46] if you're doing us 30 on a daily using um

[25:00] big fat moves double wick freaking huge move up to the upside like you don't get any red candles in between in an uptrend and

[25:12] when you do you know they're significant so that would be your time to get out so that would be your time to get out i mean even this would be a nice move up

[25:29] instead of a gaming laptop at my previous job i had like the most high-end top of the top macbook pro like these huge fluorescent pink lines on it and

[25:43] i'm like i would be pissed off if i spent that much money on a macbook spent that much money on a macbook that is new that the the secondary graphics unit you know took a fat [ __ ] and it

[25:56] you know took a fat [ __ ] and it doesn't allow me to work you're not going to be sitting on a dyson vacuum

[26:10] get a mac i just i don't like i like i'm i'm a mac fan don't get me wrong but when it comes to work i like my pc

[26:25] yeah i needed to be portable because i freaking the time um but yeah like even with uh renko candles look you know

[26:39] look you know you they're it's very uh you they're it's very uh what's it called um minecraft what's it called um minecraft but okay look you got a hidden bullish

[26:51] right here on the rsi indicator that we have boom huge move up another hidden bullish divergence trading renko and um hiking ashy

[27:07] renko and um hiking ashy they're great dude i just i don't i don't like them because i scout

[27:45] yeah july 11th you know cancers are cool people what can i say yeah i'm what 34 years old i was born in 87 yeah

[27:58] 34 years old as of two days ago so i'm getting up there in age but so i'm getting up there in age but your 30s are like your prime for uh for making money and your ambition and stuff so

[28:13] now that's why i work so many hours throughout the day uh what other pairs do you guys want to see let me know in the chat section um i want to take a quick look at uh

[28:32] at crypto because after that huge huge depressing uh it was a correction we are in a downtrend for sure for sure in a downtrend we had this bottom right here

[28:50] bottom with a divergence and it shot up to 3000 and it's been going down ever

[29:04] since uh we hit that bottom twice uh we hit that bottom twice more and now we are here again so

[29:20] that you hit a level of support and resistance more concrete but it's it's the opposite if you keep plowing

[29:32] at a wall with a battering ram over and over it gets weaker i'm not seeing any divergences on the daily yet let's check the one hour

[29:50] god i hate trading view sometimes by when it gets stuck to tools so we're getting a little bit see we got hidden bearish divergence was super short um even here like it's probably gonna go

[30:06] down a little bit more to be honest it might shoot up you know to to stick with this with this trend line that it's been making trend line that it's been making right

[30:27] to test it again and then make a lower low that trend line so we'll probably come up to retest like the 50-ish area on the rsi

[30:41] come down it'll create a higher low on the rsi divergence here and then it'll break and retest that trend line on the way up but

[30:55] don't don't go long yet on on ethereum you needed divergence first like it has to you have to have a divergence to

[31:07] divergence to trend reversal editing and the timeline plus trading view i

[31:21] and the timeline plus trading view i just want a bigger screen tma rsi that you're currently using uh it's available right now

[31:35] uh go down watch the videos like where i say the best scalping indicator the best free scalping indicator watch those videos and the links are there videos and the links are there for both indicators the rd 2.0 and the

[31:49] tma rsi divergence we are working on we phoenix is working on version 2.0 of the rsi divergence but it's freaking fantastic as it is right now so

[32:15] i get that a lot thank you prakash i'm either a billionaire or a porn star i'm either a billionaire or a porn star not a trading tycoon no not a not a trading tycoon no not a not a youtuber no i'm a porn star

[32:38] um australian dollar u.s dollar so another downtrend so another downtrend typical typical odd that's really steep that is really really steep um

[32:54] let's take it out yeah that's on the one hour when was the last time it was here jeez gotta go out to the daily okay uh obviously a lot of a lot of stuff right here so i'm gonna

[33:11] i mean it's literally where the price is right now this is the most right now this is the most priced touches in this zone right here

[33:24] like to move it down just a little bit to right there to right there boom so be careful in this zone boom so be careful in this zone i i wouldn't touch it right now

[33:39] i i wouldn't touch it right now because we've been in a such a steep because we've been in a such a steep steep downtrend like that's steep guys steep downtrend like that's steep guys that's very very 45 degree anglish

[33:52] that's very very 45 degree anglish and we're getting

[34:04] bullish bullish bullish divergence one bearish i would avoid going short just because we've been

[34:19] always going to continue wait because it's at a previous level of support wait for it to break this trend line and then go up and then this is your target zone so

[34:32] trend line you'd be looking at 60 pips you'd be looking at 60 pips but be careful with shorts here but be careful with shorts here because

[34:47] downtrends don't last forever because you can see like super steep traded below the the support and then shot up so that might happen again super steep trade below a little bit

[35:00] trade below a little bit and then shoot up it's very typical especially since it's been chilling here for several hours see how it like chilled here for several hours shot up chilled here for several hours

[35:12] little bit little bit so keep an eye on that

[35:28] i get it it happens all the time like you're confident on demo because it's and you let your trades play out and or but when you place real trades with real money

[35:41] and you have an issue with closing them early or whatever or number what i need you to do is do your analysis trade your big ass candle two to one risk reward ratio so

[35:54] four times the size of that engulfing candle set your take profit set your come back the next day and check it journal and track how many times you lose how

[36:07] many times you win find out why you're losing you know go over them the next day and get better if you have trouble with holding trades throughout the course of your analysis

[36:20] or whatever set your trade and walk you are going to close it early and you're literally trading the wrong machine you're being an emotional lizard brain

[36:35] thank you for the the 4.99 thank you for the birthday shout out i already that quick question do you have a paid course or do you offer any one-on-one uh no i don't have a paid course i will never have a paid course

[36:48] uh maybe on april fools april 1st i'll be like hey guys i got a course but that's going to be a big fat joke um i don't do one-on-ones want to i just make my videos to help as many

[37:04] people as i can because i'd rather not help one person i'd rather help the 2.3 million people that have watched my videos i feel like that's more useful so yeah and this this kind of is a one-on-one if you guys

[37:20] one-on-one if you guys you know just me and you bro cool usd jpy and everything is in a hardcore

[37:32] and everything is in a hardcore downtrend lately

[37:52] mark up some support and resistance boom boom

[38:18] yeah it's probably going to come up to this trend line retest it this trend line retest it and then come down but during that it's going to do this ready it's going to go boop boop and

[38:30] this is going gonna go boop boop and then come up so you'll get the divergence here and here but then yeah so like this is your short term move on it if you're scalping

[38:53] grocery bags because my arms are so fried it's ridiculous ah gold okay so for those of you that want gold okay so for those of you that want to see gold

[39:11] i have a new theory on gold scalping is a ridiculously bad idea on gold unless you have a massive stop loss loss so

[39:26] happened like look at that what the f like look at that what the f what is that

[39:38] 15 dollars 15 points on gold in 15 min like that's a stupid candle and then you get this thing and then you get this thing it's bad check this out take it out to the one hour

[39:51] right and you get wow we're in a huge period of consolidation right here period of consolidation right here but this like you don't see it here but on a daily

[40:12] look at it on the daily double bottom bullish divergence shot up double bottom bullish divergence shot up broke the trend line retested shot up

[40:25] broke the trend line retested shot up i would swing trade gold on a daily time technical analysis on gold is going to really pay off hand over fist because if you can catch one of these

[40:39] one of these break and re-test after that engulfing candle and you traded that right there and you traded that right there and targeted you know where the

[40:51] obviously nobody can predict where that top's gonna be but like right here where the price was resistance above or below i mean that's an 85 point

[41:06] above or below i mean that's an 85 point move on gold kept my stop loss right about there so right about there so two to one

[41:28] i would like to view the pine script for example to help me understand how the code the code candle

[41:45] that i don't have any lines on

[41:58] was created by somebody in the group for free for everybody because i used to do my videos and i would toss up a 21 period smooth moving average a 50 period smooth moving average

[42:10] and a 200 period smooth moving average and then i would also put up the rsi get rid of the upper bands and the lower bands and only have a line at the 50 make it yellow and then i would use another indicator that would show me

[42:24] manually look for them and then you know they added in a three-line strike so three bullish candles and then one engulfing bearish and vice versa on the other side so that's all just put

[42:38] into one and now you get you know you get the indications for the three-line strike three-line strike you also get the indication for the um

[42:50] engulfing candles you get the three moving averages the only thing that's changed in the 2.0 is like a basically a momentum thing and that just shows like the strength of the move

[43:04] so you can actually hold trades longer until you have a loss of momentum which is shown in the green for example in the short position in the short position but all that is it's it's literally

[43:17] just a combination of a bunch of free indicators into one because a lot of tradingview the free version and you're only allowed three indicators so this pick you know the third one whatever you want

[43:29] it to be whether it's volume or i don't know [ __ ] macd whatever but it's just a combination of a bunch of free indicators so

[43:44] averages because that's just what i prefer uh i feel like the price and the smoothed moving averages respect each other a lot for example this rejection off of the 21

[43:58] for example this rejection off of the 21 smoothed moving average nice um

[44:18] is really good but you want to look at like market opens in london and new that's the time where the price moves the most

[44:32] i haven't heard of it but that's a great name for a strategy name for a strategy gbp jpy

[45:03] i know you're not supposed to counter trend trade but uh

[45:24] i don't i don't even like what it's doing it's consolidating it's losing momentum moving averages are starting to flatten out i wouldn't touch it on the 15 minute at least

[45:41] see when the last time it was at this level holy [ __ ] april 21st but like look like this zone

[45:56] that was the bottom in in between all of april so now we're at this level again so i i wouldn't go short past this because it hadn't been below that since march

[46:17] 200. don't go short on gbp jpy it's just it's don't go short on gbp jpy it's just it's a bad idea we're way too far away from the moving averages

[46:33] if you went short right now you got trapped and it went to the upside trapped and it went to the upside 290 pips back up to the 200 moving

[46:46] average i that's that's that's a blown account

[47:00] let's see if i want to take any trades today huh that kind of looks like a uh

[47:14] like a break in a retest right a break a retest maybe a little bit of a wick that's very far away from it but it's feasible having a little bit of a it's feasible having a little bit of a loss of momentum

[47:45] obviously right here moving down but look at the rsi for the same

[48:01] for the same time zone same time frame time frame huge engulfing candle and now we're playing between the moving averages what i would do is keep an eye on this but if you're

[48:15] scalping we're already above that trend line we've retested it if you're scalping these are going to be you're going to break the 21 so you're going to scout between the 21 and the

[48:28] then we break the 50 if it wants to continue up continue up and you scalp from the 50 to the 200. um that you're going to be counter trend trade scalping

[48:40] if you're a new trader and a beginner do not counter trend trade this is only with counter trend trading we've been in a downtrend we've had some divergences here on the 15 minute we're trading

[48:55] risky but if we get a nice momentum swing and a momentum swing is an engulfing candle i would look for is an engulfing candle i would look for scalps in between moving averages

[49:09] so at eight o'clock in one hour or 57 minutes you will see a nice spike in a direction and then once the market opens an what's going on but for right now i would monitor this

[49:26] level of support and resistance at 34.15 getting above the 21 consistently and starting to see like a nice

[49:38] swoop up of the 50 as well then i would be counter trend trading towards the 200. but keep in mind all of these zones guys these zones guys okay

[49:58] sorry it's not gonna be a super long stream but i'm not feeling great i'm really tired i might even take a nap um

[50:11] 50k yeah so i started off i had i've had dollar accounts the 500 accounts but this one i actually grew from 2500 bucks and so i was consistent on demo whatever

[50:25] i started gaining money but then i got really good and consistent with my risk management and i've grown it from 2500 to 50k long time like and so i anything at the end of the

[50:41] month above that 50k i take out as my profits um ali i made a video on back testing check it out

[51:12] for joining the stream um we're in price zones that we haven't been in in months

[51:25] so you don't really know what's gonna happen always look for divergences resistance levels make sure you know you're trading off of trading if you get a hidden divergence

[51:44] with the trend [ __ ] go for it so um yeah love you guys appreciate you if you wouldn't mind family help me get there sooner

[51:56] thank you all for the birthday for the birthday gifts and now i have 42 myself i'm probably gonna go have a nice big fat filet mignon to be honest that sounds delicious today

[52:12] cool thanks guys bye see ya later