⭐️ TAD Golden Hour (2 May 2025)

Summary

In a deep dive into current trading strategies and market analysis, the speaker guides listeners through the meticulous preparation required for handling major economic news related to currencies and commodities, like NFP and CPI data. Emphasizing the importance of understanding market conditions and setting precise trading plans, they discuss practical decision-making approaches for both novice and experienced traders. Key insights include waiting for specific data releases and understanding the volatile impacts of trades on assets like gold in response to economic indicators. The session is a blend of live analysis and strategic foresight that provides valuable learning and decision-making tools to traders globally.

Highlights

• The presenter emphasizes the significance of analyzing NFP and CPI data for trading decisions. 📊
• Explains the necessity of waiting for economic data releases before trading to avoid unnecessary risk. 🕰️
• Suggests using my FX book for quicker news updates compared to other platforms like Forex Factory. 🌐
• Discusses strategies for setting up trading plans, including preparing test accounts to measure risk. 💼
• Highlights the fast-paced nature of NFP trading and the importance of not being greedy, to prevent substantial losses. ❌

Key Takeaways

• Always prepare thoroughly before trading by checking economic calendars for high-impact news like NFP and CPI. 📅
• Use platforms like my FX book for faster news updates and better decision-making. ⏱️
• Understanding market trends and conditions is crucial before placing trades. Ensure to analyze support, resistance, and liquidity zones. 📊
• In volatile markets, like during NFP releases, set specific risk management plans such as stop-losses and take-profits to safeguard investments. 💹
• Engage with both historical data and real-time news to get a clearer picture of market directions before making any trade. 🔍

Overview

In today's session, the speaker explores the intricate world of trading in major economic news scenarios, emphasizing a disciplined approach to market signals like Non-Farm Payrolls (NFP) and Consumer Price Index (CPI). The guidance provided outlines crucial preparation steps and stress the need for strategic planning prior to engaging with these volatile data points.

Listeners are walked through practical tactical elements of trading, including the importance of utilizing reliable platforms for news, understanding key economic indicators, and correctly assessing market conditions. There's an emphasis on the strategic aspect of trading — waiting until news is released and assessing it compared to historical data before making decisions to enter trades.

While exploring live chart analysis, various trading scenarios are presented to highlight different market conditions, teaching traders to adapt their strategies accordingly. The session becomes a comprehensive introduction and a strategic guide encouraging vigilance, patience, and structured planning while navigating the unpredictable waters of economic news trading.

Chapters

• 00:00 - 00:30: Introduction and Explanation of the Session The chapter opens with a greeting to the audience and a sound check to ensure everyone can hear the speaker. The speaker emphasizes the need to move quickly through the session, indicating a sense of urgency and efficiency. Before 8:30, the speaker plans to explain the pre-preparation process, particularly focusing on the preparation for NFP (Non-Farm Payroll) and CPI (Consumer Price Index) announcements. These are referred to as 'too big news', underscoring their importance. The session seems to focus on financial or economic topics due to the mention of NFP and CPI.
• 00:30 - 01:30: Discussion on FOMC, NFP and CPI The chapter discusses the optimal times for trading, focusing on major economic indicators such as the Federal Open Market Committee (FOMC) meetings, Non-Farm Payrolls (NFP), and the Consumer Price Index (CPI). It suggests that traders should wait until early morning (1 to 2 AM) for trading decisions related to FOMC announcements, while NFP and CPI announcements can be traded earlier in the evening due to their significant impact on market volume.
• 01:30 - 04:00: Checklist and Preparation for NFP Trading The chapter titled 'Checklist and Preparation for NFP Trading' outlines the preparatory steps one needs to take before engaging in NFP (Non-Farm Payroll) trading. It points out the critical importance of the NFP in markets such as forex and stock trading, noting it's one of the largest events next to FOMC (Federal Open Market Committee) meetings. The NFP data release is typically scheduled for the first Friday of every month at 8:30 AM Eastern Standard Time. Therefore, having a checklist and being well-prepared are emphasized as vital steps for traders.
• 04:00 - 06:00: Market Condition and Risk Management The chapter discusses the usefulness of different online platforms for keeping up with forex news releases, focusing on My FX Book and Forex Factory. It highlights how My FX Book provides quicker access to news releases compared to Forex Factory, which may have a delay of 30 to 45 seconds. These tools are implied to be part of effective market condition monitoring and risk management strategies in forex trading.
• 06:00 - 10:00: Trading Plan and Market Analysis The chapter discusses the tools and strategies for creating a trading plan and conducting market analysis. It highlights the importance of websites like MyFXBook for tracking high-impact news events such as the Non-Farm Payroll (NFP). The NFP report is broken down into components like unemployment rate and average hourly earnings, which are critical indicators for currency performance. The chapter emphasizes understanding these metrics for making informed trading decisions.
• 10:00 - 16:00: Live Market Analysis and Predictions The chapter titled 'Live Market Analysis and Predictions' explores the relationship between gold prices and currency performance. It emphasizes that typically, if the currency is performing poorly, gold prices would go up, and vice versa. However, the analysis also highlights situations with mixed data, such as when some economic indicators like employment rates or average hourly earnings may negatively impact a currency, while others like the NFB (Nonfarm Payroll) could have a positive effect.
• 16:00 - 21:00: Preparation and Waiting for News Release The chapter discusses the anticipation and preparation for a series of high-impact economic news releases, focusing on currency movement. It considers scenarios of mixed data results, where different economic indicators such as NFP (Non-Farm Payroll), unemployment rate, and average hourly earnings might have varying effects on the currency, initially causing it to go down before it potentially goes up, depending on the dominance of the data released.
• 21:00 - 30:00: Live Trading and Market Reaction The chapter titled 'Live Trading and Market Reaction' discusses the importance of assessing market conditions before making trading decisions. It emphasizes the need to evaluate price levels and support and resistance (SNR) levels. The chapter outlines that traders should identify whether the market is consolidating or trending, and specifically highlights the importance of checking key support levels as part of their analysis. This preparation is vital for making informed trading decisions.
• 30:00 - 39:00: Market Condition Analysis and Predictions The chapter titled 'Market Condition Analysis and Predictions' explores the dynamics of market trends, noting how market movements can defy expectations, such as anticipating a decline when the market actually rises. It emphasizes the importance of risk management and suggests a practical approach by setting up a separate 'war account' specifically for trading. This involves using a secondary account with a broker like IC Markets to handle risk and prepare for unpredictable market conditions.
• 39:00 - 53:00: Analysis of GJ and Other Markets This chapter discusses the importance of risk management in market trading, specifically focusing on the GJ and other markets. It emphasizes setting a fixed amount to trade with, illustrating this with the example of investing 100. The strategy involves being prepared for the market to move against your position, stressing the necessity to only trade what you can afford to lose.
• 53:00 - 54:00: Discussion on Crypto Market The chapter titled 'Discussion on Crypto Market' focuses on the volatility and rapid price changes within the crypto market. It suggests strategies such as setting stop-loss and take-profit levels to manage risk and potential losses. The speaker emphasizes the rapid movement in the market, with significant price swings occurring in a very short period, illustrating the high-speed nature of trading in this environment.
• 54:00 - 66:00: Discussion on UJ Market The chapter titled 'Discussion on UJ Market' focuses on explaining trading strategies related to pending orders and limit orders. The speaker emphasizes that this session is meant for demonstration purposes, encouraging listeners to understand the concepts rather than immediately placing trades. Participants are guided to listen attentively before active trading is discussed.
• 66:00 - 108:00: General Trading Tips and Q&A The chapter titled 'General Trading Tips and Q&A' begins with a clear disclaimer that the information provided is not financial advice and does not include any trading signals. The speaker emphasizes the importance of understanding this disclaimer. Then, the discussion moves on to the trading strategies employed during Non-Farm Payroll (NFP) events. The strategy involves switching to a one-minute time frame at 8:30, suggesting tactical adjustments based on specific market conditions. This chapter mostly provides an overview of trading tips with a Q&A format to clarify doubts or strategies further.
• 108:00 - 117:00: Conclusion and Closing Remarks In this chapter, the focus is on understanding the economic calendar and the importance of news data releases. It explains the significance of waiting for economic data to be released before making financial decisions, such as placing limit orders in trading. The chapter highlights the necessity of determining whether the information will have a positive or negative impact on currency values and stresses the caution needed prior to the release of crucial economic data.

⭐️ TAD Golden Hour (2 May 2025) Transcription

• 00:00 - 00:30 Okay, good evening everyone. Can you hear my voice? All right. So today we chop chop. All right. So before 8:30 I need to explain to you um what we're going to do first the pre preparation. Okay. Prepar uh the preparation for for NFP for CPI. is too big news of [Music]
• 00:30 - 01:00 uh FOMC. Okay, FOMC I think if you want to trade is like you need to wait until 1 to 2:00 in the morning. Okay, uh red card. So normally we will normally we will we will we will trade if you want to trade at evening time it will be NFP CPI. These two is the the volume is very big. Okay. Is very big. Okay. So,
• 01:00 - 01:30 normally okay. Normally before the NF preparation, we need to have some checklist first. Okay. Now, NFB is uh FOMC is the first largest new in uh stock market, forex market, stock trading, trading mark uh in the market. Okay. So NFP we need if normally is fall on first Friday of the month is normally at 8:30 Eastern Standard Time. Okay. So
• 01:30 - 02:00 we can go to this my FX book forex uh economy calendar. Why I use this one? Because other than the forex factory there's two website. Okay. my FX book. I I I I I see I I I see that the the news release the the the new release uh is very fast. Okay. Forest factory I think you need to wait like 30 second or sometime 45
• 02:00 - 02:30 seconds something like that. Okay. My FX book I think is fastest. Okay. So you can use this website to check actually high uh high high other high impact news. All right. So from NFP itself NFP itself it come with unemploy unemployment rate average hourly earning. Okay. So NFP let's say um let's say is good for currency that
• 02:30 - 03:00 means gold will go down. If actually if if let's say uh bad for currency then go will go up. So I'm talking about goal. Okay. So sometimes it will have mixed data. Okay. Some I'm employment rate or average hourly earning negative for currency but then NFB is positive for
• 03:00 - 03:30 currency. Okay. So let's say positive for currency the mix data right so it will first go down first then go up it depends on which one it is bigger because right now today we have three high impact news all right let's say it's mixed data it will uh NFP negative for current uh currency unemployment rate and average hour earning is negative for currency so
• 03:30 - 04:00 you will go down first then go up something like that either one. Okay. So before that we need to check the market condition first. Okay. We need to check the price level the SNR. We need to check check the SNR first. Okay. So either is uh consolidate trending or what kind of condition is that? Okay. So we need to check the key support level. Okay. We need to check the key support level and then we also need to check the
• 04:00 - 04:30 liquidity zone. Okay. Sometime you think that you will go to go down but then it's actually uh it will go up. Okay. So risk management so depends on yourself. Okay. For me I will prepare a wall account. Okay. I prepare a war account means like I I will create another trading account in broker. Let's say you're using ICM IC market. Okay. So this war account is actually how much
• 04:30 - 05:00 you going to lose, you afford to lose or you planning to lose. Okay, say for example you tonight you will just want to have like 100. Okay, so you just put 100 over there. Whether or not if your position when you place when you open your position if market opposite your direction that mean let's say is
• 05:00 - 05:30 uh you lose you lose 100 maximum. Okay. So you can also set stop-loss and take profit level. Okay. Because the NFP the volume is running very very fast. Okay, very very fast. Up and down very fast. Like one minute you can have like 150 pips. Another minute you can have another 150 pips. Okay. So also you if you are prep
• 05:30 - 06:00 your trading plan you can also set limit order pending order. Okay. You can set a pending order. All right. So before that tonight I will not ask you to place any order. Tonight is for demo. If you want to place no problem but today you listen first. Okay you listen first. Okay you listen first.
• 06:00 - 06:30 Today is not like signal call like that. Not like signal. Not not giving any signal. Okay. Not for financial advice. This one disclaimer first. All right. So let So this one you understand? Okay. All right. So second during NFB what we will do? Okay. We going to switch to one minute time frame. Okay. One minute time frame. Okay. So 8:30
• 06:30 - 07:00 sharp. We look at the news. We look at the news data released. Why is the data released at this uh uh economic calendar? Why is the data released? Why is the data? We need to check first. Okay? Either positive for currency or positive or negative for currency. Okay? We need to check. We need to wait for the data to come out first. Because if you don't wait for the data to come out, if you place your limit order before 5 minute or before 1
• 07:00 - 07:30 minute, so it's actually you are betting your money. Okay, we don't do that. We always wait for data to come out. Wait for 9, sorry, 8:31. Okay, 8:31 p.m. Okay, wait for 1 minute. Wait for the candle. See where it go first. Then only we trade. We normally trade at 8:31. Okay,
• 07:30 - 08:00 8:31. All right. So we normally will trade on the retest. Okay, this one we don't use any indicator. We just use our eye to see the candle where is go. Okay, understand. So we only trade at 8:31. Okay, 8:31 because why 8:31? Because the first minute the we read the
• 08:00 - 08:30 news first then we wait for the candle to spy or candle waterfall first. Okay. So after that then only we go in the market we open position. Okay. So as I can see you can see whether the week rejection how how was how is that? Okay. How is that? Okay. So and then you need you you cannot hold very long for the first first trade. You
• 08:30 - 09:00 cannot hold very long because you up down very fast and you need to prepare to cross. Okay. When you see enough profit you need to close it. Don't be greedy. Okay. Don't be greedy. Okay. Don't be greedy. So after uh price uh the data released for 3 minute 4 minute we look at
• 09:00 - 09:30 the chart and see what is it all about. We need to see the direction. Okay we need to see what is all about where the market go. Okay. So right now I can see that the market is ranging. Okay. Let's go to the live chart. Okay, let's go to the right chart. Live chart. Okay, today NFP. Okay, we check NFP. Okay, we have this. We check this NFP. Okay, one, two,
• 09:30 - 10:00 three. The first three. Yeah, the first three. Okay, we check the first three. Then we go to we go to the chart and we draw all the support and resistance first. Okay, we draw all the support and resistance first. Okay. So, as you can see here, right now, go is Okay. As you can see here, gold is at
• 10:00 - 10:30 the resistance right now. Okay. Go is at the resistance right now. So, let's say in the middle right now. Middle. Okay. Middle of the zone. Okay. So let's say today the data is because right now the consensus is 124. Okay. 124. Okay. 124. All right. So let's say
• 10:30 - 11:00 let's say this uh data is less than that. it will come out a red color. Okay. Later on release less than that it come out with red color. Hey red color. Let me check first. So confusing. Okay. Uh see this
• 11:00 - 11:30 one. This one got sprayed one. I let you see. Okay. If actual actual is greater than forecast is good for currency that means actual is actual is more than this is green color okay green color less than this is red color yeah correct less than red color less than this is red
• 11:30 - 12:00 color okay so it's 13k or 130 but this one whether the result is the same or Okay. You see here is a little bit difference 138 here 130. Okay. So two two two two data difference. So I I rather I I check I refer to this one. Okay. Okay. I refer to economy. Okay. So if you are confused
• 12:00 - 12:30 if you don't know what what is it all about greater or lesser or something like that no problem you wait for the data come out if come out is red color means gold will spike red color go will spike okay green color gold will waterfall that's all okay understand if come out the data is red color gold will spike
• 12:30 - 13:00 Okay, data color red color go will spike and then uh green color go will drop. Okay. But somehow somehow the data come even though it's red color. Okay. Gold will drop as well. Okay. So we need to look at the market condition. Now
• 13:00 - 13:30 um today we can see first thing first we can see 130k previous is 228k. That means obviously this one is red color. Okay. 130 is less than this is confirmed is red color. Okay. So gold will spike. Why I say so? Okay. Normally we will check back yesterday. Yesterday we check back yesterday. as the
• 13:30 - 14:00 record. Okay, we go back here. Yesterday record. Okay, PMI. We check back the PMI. Okay, now PMI normally the record come out with same PMI. That means is green color. But then is actually
• 14:00 - 14:30 previous PMI is 49 here uh yesterday is 48.7 I believe today it will slightly higher than this 130 140 okay so that means huh first if let's say it become green color maybe is above 130 130k Okay, that means go will drop first then go
• 14:30 - 15:00 up. Okay, let's say the data come out is more than previous one 228 above. You don't need to see already. Go definitely will go down. Okay, go definitely will go down. So let's say the result come out. Can I hear me? Everyone can hear. Hello. Okay, Louis, I think uh Louis, I
• 15:00 - 15:30 think you need to you need to you need to adjust your volume. Okay, so let's say let's say let's say the result come up confirm less than this. Okay, we wait for go to spy up. It could be SP on here
• 15:30 - 16:00 uh SP here let's say 150 pips then come down here because that is a support horizon over here. Okay. So either come down here let me put bigger can see my screen right I aim if spy out 150 p uh 150
• 16:00 - 16:30 p normally is 100 to 150 if the result is very bad for currency that means lesser than this right let's say lesser lesser than this 130k lesser than see 130k Okay, I think it will go up to uh at least at least 200 pips.
• 16:30 - 17:00 Okay. So right now normally 150 pips. Okay. So let's say result is very
• 17:00 - 17:30 bad. Let's say the result is very bad. It'll go it will go for the 200 pip but aim for 150 pips. Okay, this is the first scenario. We go up first then come down here. It could be come down here then and boom again.
• 17:30 - 18:00 Okay, let's say it come down first. We need to check whether 1 minute cross below this support or not. It break through this support. I measure another 150.
• 18:00 - 18:30 Okay, let's say it come down here then pull back here then go down. Okay, two scenario. Two scenario or third scenario it could
• 18:30 - 19:00 be go up straight away go down. Third scenario. Third scenario go until here and go down all the way. Change to red color. Change to red color.
• 19:00 - 19:30 Okay. All right. Okay. So this will be the things that we need to check first. Okay. First of all, we determine the support key level first. Okay. So right now we open to let me change to
• 19:30 - 20:00 XAU. Okay. 1 minute. Okay. So, right now we have another 10 minutes to go. Okay. So before the news
• 20:00 - 20:30 come out okay you will see market start to have volume coming in okay you start to have volume coming in okay you start to have volume coming in so first thing first what we going to do we need to wait over here so so sometime we need to refresh okay the last one last 30 second we refresh a while because we need to make sure the time
• 20:30 - 21:00 timer here is actually working. Okay. So, so we already prepare for the SNR level everything we prepare already. All right. Second step, we need to wait for the data to release. Okay. So, sometimes sometime you wondering whether you want to set a pending order or not. Maybe you are maybe I set pending order. Is it okay? Okay. So if you set pending order
• 21:00 - 21:30 for me I don't recommend. Okay myself I don't trade pending order. Okay. I I like to look at the live action. Okay. I like to look at the live action. All right. So for me I normally don't trade with pending order. Okay. So until here any question we have another 8 minute. Okay. We have another
• 21:30 - 22:00 8 minute. Uh you also can try to take this opportunity to practice. Maybe you use your demo account to practice. So if you are confident like what I'm talking about then next time the next month or next week CVI next Wednesday CVI you can start trade yourself. Okay. You can prepare your demo account. Uh, okay. Prepare your demo account. All right. Do we look at the H1
• 22:00 - 22:30 chart for the support level? Yeah, H1 chart. Okay. We need to look at H1 chart. Okay. Is more more uh precise and more powerful. Okay. So right now as you can see the now actually here is a very strong resistance. Look at here is very strong resistance. Why say so? Because here so many touch support become resistant.
• 22:30 - 23:00 Here there's many touch that means and then some more this is the first touch only you know first touch only after after so many candle try to break it down. 1 2 3 four and then fifth time we break down and then that means this is a very strong support become resistant SBR no. So I see if you want we want to
• 23:00 - 23:30 break this go up also very hard. Okay, you want to go up also very hard. That means today most likely after break up it will go down. Okay, most likely break up it will go down. All right, mostly break out it will go down. But anyhow we also you see this is H4 H4 those same so many touches over here. Then finally this one break on 1 of May.
• 23:30 - 24:00 Yesterday. Okay. Yesterday I finally break down and then this is a very strong resistant. Okay. Very strong resistance. So you know you want it to break up. I think it's not so easy. Okay. Uh let's see it will let me mark
• 24:00 - 24:30 a price here. Okay, because why this H4 highest uh the the the body is over here and then it's like this. Okay. So happened today the H4 is just at the resistance as well. Yeah, H4 as well at the resistant. So this one H1 got resistant. H4 also got resistant. First
• 24:30 - 25:00 time want to break up unless the the the data release is really really really bad. Okay, unless the data is really really really bad or else it's very hard to break up. Okay, so news data is actually uh is you need to wait. Okay.
• 25:00 - 25:30 So, okay. So, I repeat one more time. We have another five 4 minute. Okay. This line, this line, okay, this line, this line is actually sorry, this line I mark this line because the H4 is over here. So, let's say we see whether it able to break up or not. Okay. If this one manage to cross above or anything, we just mark because it is resistant. Nearest resistant. Okay, this one is
• 25:30 - 26:00 near resistant. Now, if you want to use [Music] Fibonacci now is about 50%. It's from this drop. See right now it's about 50%. So I for you see if price go up is
• 26:00 - 26:30 around here 0.618 then drop 0.618 then drop. Okay. Because this can see 0.61 then drop. Okay. But right now you see the price is
• 26:30 - 27:00 coming down. So we are just swapping here. So it's around 200 pips. Go above. Go below is around 160 pips. Okay. So now now condition change a little bit. You see here we need to see the
• 27:00 - 27:30 first M1 candle whether can break this one or not. One the first impulsive spike. Yeah, if let's say spike up. We check this one, spike up then slowly go down, it'll go up again. So right now we wait for the news to release another two minute. Yeah, another two
• 27:30 - 28:00 minute. So this is precondition pre pre presetting that we need to know first. We need to understand first. Okay, this is the word that we need to know first. Okay, so uh check the SNR. Okay, so if go down go down how many pips go up go how many pips is around 150 pips? Okay, 150 pips. Okay, around that. Okay, then we can check
• 28:00 - 28:30 back yesterday PP PMI report data is green but then is is still lesser than last month. Okay. So this one is green. So if let's say this one is green right go down first then go up. Let's see how it really go down
• 28:30 - 29:00 first then break down go up then sell here. You go up come down buy here. Okay. All right. The price is actually reach the support level right now. Another 30
• 29:00 - 29:30 seconds I put here. Easy to see. Wait. Okay. Go down first. Go down first. Huh? The price okay go down
• 29:30 - 30:00 first the release is 177 see 177 better than that 177 better than the release but is bad not so good so it go down First go down first then 43 second go down first. If we pull
• 30:00 - 30:30 back over here then we sell over here. We sell over here like this. Okay. 41 it will go up. Okay. Wait for it to go up. Not much volume. Well, this one very less volume.
• 30:30 - 31:00 80 pips on here. Wait for it to go up. See just how you will sell here.
• 31:00 - 31:30 [Music] Oh. Okay. This zone you can start to sell. Okay. Wait for here. Okay. You can sell here. Okay. I can sell here. Okay. Can
• 31:30 - 32:00 see let's say you start to sell here. Just I ask you to sell here, right? You are profiting right now. But it's very less today. The volume is very less. 250 uh 25 pips only. Very
• 32:00 - 32:30 less. Today very less the volume because normally it's like 150 pips but today is very less. Okay. So 300 uh 30 pips right now. Okay. 30 pips right now. Okay. Uh 40
• 32:30 - 33:00 pips. Okay. No need to be hurry one. You see no need to be hurry one. Okay. We wait it come to the support and resistance zone is the safest already. Okay. Support to the resistance zone is the safest already. Okay. So almost 60 pips. All
• 33:00 - 33:30 right. No, we don't Josephine. We don't enter based on you here, you go up. We never enter. We never open position over here. You know why? Because we don't know this one minute. The first one minute how it will react. Okay? Because let's say the next minute it continue to come down. Oh. Okay. So after 1 minute if let's say
• 33:30 - 34:00 it break down the SNR. Okay. Break down this support. This support automatically become what? become resistant. Correct. Not this support automatically become resistant. So you can become resistant then you sell sell at resistance or not. Uh yeah become support become resistant
• 34:00 - 34:30 because it break down already. Okay. So normally we trade news is like this okay we don't hurry like w news data before news data we wait we we we okay today I want to spot for sale that sell money cannot what if you guess wrong then your your your your capital will
• 34:30 - 35:00 grow so always trade after the spike or Okay, first first time the first minute you need to see whether it go up or go down. You look at this newsh. Hey, you look at this news, right? Sorry. NFP green color that means good for currency. Good for currency means gold will come down. Okay. Good for currency means gold will come down. Okay. Go will come
• 35:00 - 35:30 down. All right. But then this one this time around the volume is like 70 pips like that. Not so much uh not so much today. Okay. Because the the 80 pips 80 pips are the d xr 75 pip because you know why? Because US market uh is actually US economy is getting worse you
• 35:30 - 36:00 know. Yeah. uh you look at the yesterday the PMI then you see uh today the NFP you know even though it's green color even though this one is green color but then last time when market is still okay it's like 230 250 above one you see now 177 then some consensus like 130 only you see
• 36:00 - 36:30 yeah Labor Day long weekend. Um, actually, no. I don't think it's Labor Day long weekend. Maybe you got the point. But this NFP is actually uh is a is a is a is a way that how Federal Reserve look at whether they want to cut rate or not. Okay. Look at whether they want to cut rate or not. All right. All right.
• 36:30 - 37:00 So come back to our come back to our point. Okay. So this one let's say just now we enter over here. Okay. Just we enter we end why why why I plan ask you to enter over here. You know why? Because the previous low is over here. So we just gauge over here. Okay we check over here. So from this point to this point over
• 37:00 - 37:30 here you can enter or you can enter like this. Okay you can enter. All right. So you just enter then you get uh roughly about 60 pips. So right now as you can see gold price still don't want to go up. You start at the resistance over there. You look at uh you look at M2.
• 37:30 - 38:00 Same. Let me erase this. 60 bit. Let me erase it all first. Huh. This is why it say the condition go down, go up, sell, go up, sell. Okay, this is good. condition but I don't expect 70 pips today. Uh all right so as you can see M2
• 38:00 - 38:30 M3 M5 you know cannot go up. Okay that means this zone become the resistant already. Okay. If you are sculping definitely you know what to do. But if you play for long run the 15 uh higher time frame one I cannot you need to wait for at least M5 M5 or M15 to cross first then only you can
• 38:30 - 39:00 enter okay let's say you are you are doing for the uh uh higher time frame you trade like swing trader intraday you know okay you need to wait okay so since everyone are here. All right. So, we why not we just uh practice the one that we have learned uh last few week. Is it
• 39:00 - 39:30 okay? US labor day in is in September. Yeah. Only Asian Europe I think celebrate Labor Day on 1 of May. It should be like this. Do think you celebrate Labor Day on May? No. Because if se Labor day that means today market will close. At which point you set SL. Okay. At which point you set SL. Up to you. For me if the price is
• 39:30 - 40:00 above the previous let's say 1 minute. Different people different risk. Okay. Different people different risk appetite. I will set in a pre previous swing high. Okay, previous swing high. Go up a little bit. Go up like five pips. Okay. Got like five bit because uh you
• 40:00 - 40:30 set five people go up by five 30 from here. Okay. So I will set I will set SL over here. Oh, you want to set at the Fibo also can. Okay,
• 40:30 - 41:00 you draw a FIBO. Okay, you draw a FIBO. You set at the next FIBO level also can 0 0.05 05 also can uh 0.5 okay there's many way for you to set SL either previous swing high go up five pip 10 pips okay or you draw fibo fibo let's say this one 0.5 you go up 10 pips like that okay because sometime you will spike
• 41:00 - 41:30 up all right yes you you you pull your freebo first you take a ruler ruler come up pull first because every FIBO level definitely will stop for a while then go down or go up. It will stop for a while one. Okay, let's say it break if really you go up with the wrong direction then no choice then you need to cut uh okay so right now go is coming up
• 41:30 - 42:00 okay you don't want to come down and then some more as you can see at this uh H1 chart as you can see this H1 chart that is a huge rejection over here huge rejection over here. Okay, here's resist over here. So, what does it mean? That means buyer is keep pushing up. Let look at the
• 42:00 - 42:30 M15. Okay, let's look at M15. Let's say another 2 minute, another 2 minute. If M15 cross back above this support level then you can look for buy because it's never break up. It never break up. Okay. And then the market structure you remember for M15 you
• 42:30 - 43:00 see wait I use green color higher high. Wait. Higher high. Higher low. Higher high. Higher low. Higher high. Hey, higher high. Higher low. Higher high. Higher low. This low never lower than this one. Huh? Okay. This low never lower than this one.
• 43:00 - 43:30 So I assume I for here for a sec. See whether it will break this one or not. this uh support or not. Okay. M15 M15 and then some more after you see M15 if let's say break this support our key level at 0.618 618 also another challenge you know also another challenge you know because as I say just
• 43:30 - 44:00 now 1 hour 4 hour that is a strong strong what strong resistant strong resistant over here you want to break this one is not easy uh unless there is a swam back swam event coming in suddenly uh war India Pakistan start already start attack each other again. This one maybe it will break because always there's war gold
• 44:00 - 44:30 will become a safe heaven for trader or investor. All right. Yes. Because over here it already it already this this area here is already uh become chalk already. Okay. It's actually become uptrend. But we never we need to see we need to see uh confirmation. Okay. So this is higher
• 44:30 - 45:00 high higher low. Okay. Now M15 never break through this support. Okay. M15 never break through this support. Okay. It create a high lower week rejection rejection. Let us go to
• 45:00 - 45:30 T. Okay, let's go to T. Let me set first. Sorry.
• 45:30 - 46:00 M5. Is it clear?
• 46:00 - 46:30 Okay. So far don't have any setup. Okay. So far don't have any setup. It's still not reached the time yet. Okay. Not reach the time yet. Okay. But you if you look at the if you look at the market structure, the
• 46:30 - 47:00 market condition right now. Okay. This line is 0.5 higher time frame. 0.5 right now is actually it keep on up and down up and down for quite some time already. Okay. Since uh since when? Since this today since today up and down and down quite some time already. So if you ask me right now is actually I think the
• 47:00 - 47:30 uptrend is end over here. It will continue to fall. Okay, it will continue to fall as long as as long as we see let's say the M15 cross below this support zone. M15 cross below this support zone, it will going to fall. Okay, until here because here also
• 47:30 - 48:00 is a very sorry resist. Uh this is also very strong support. Okay, this is also very strong support. Why? Because many touches over here as well. So if within a before the market US market open before the US market open 9:30 if unable to fall below this it will stop here then continue to rally.
• 48:00 - 48:30 Okay, continue rally. Let's see how. Okay, because normally we will not go in when the market is not giving us any confirmation like that. Hard to trade cannot. Okay, since we are on live chart, what chart you want to see? What chart you want me to analyze? Just tell me. GJ, uh, UJ, uh, anything. What do you want me to
• 48:30 - 49:00 analyze? GJ. Okay, GJ. Crypto. Okay, we go for GJ first. We got GJ first.
• 49:00 - 49:30 Okay, GJ. First thing first, we need to know the support and resistance first. Anyone can tell me how to draw support and resistance. Can you give me what is the first step to draw support and resistance? This one is 1 hour time
• 49:30 - 50:00 frame touch point. Okay, good line chart. Good. All right. Now at the support. Now at the support. Okay. 1 hour. You can see at the support. Okay. Right now we going to draw line chart. Check out. This one is very lesser. Okay. Very small zone. Next one will be
• 50:00 - 50:30 here. Okay. Next one will be here. Okay, let's see this first. Okay, adjust a little bit. Okay. All
• 50:30 - 51:00 right. Okay. So, it look like previously keep on shooting it up. Okay. So right now rejection over here trying to come down but reach this level one rejection second rejection. All right. So we look at the smaller time frame first 15 minute 15 minute look good it going up.
• 51:00 - 51:30 Okay it's going up. Look good. Looking good is going up. So I believe M5 that is a opportunity uh there's opportunity over
• 51:30 - 52:00 here. Okay. So as you can see previous the few candle come back over here have a rejection as well. Have a rejection as well. But this previous green candle the the this green candle is already engulfed this one. But the candle this this candle is not engulf the previous one yet. As you
• 52:00 - 52:30 can see the RSI here it cross over here then pull back this one then go up just a few pips only right let me check how many pips 33 pips because of the NFP so right now not a good time to go in but it's at the support zone
• 52:30 - 53:00 You can have a you can have a buy. You can have a buy over here if you want to enter. Okay. Can have a buy over here because right now it's at the support zone. Okay. This is the GJ. Okay. It's a GJ. Okay. And if you want to be safe then
• 53:00 - 53:30 you can wait the price come down over here use H1 to buy. Okay. Because when the price come down over here I believe here you will come out with a with with a T arrow at M15. Okay. From there you can actually have a buy over here this zone. You want to be safe. Okay. You want to be safe. Okay. because uh because over here there's many touch
• 53:30 - 54:00 few touch over here okay few touch over here then I for you will come down to here then you'll just get in over here all right let me check [Music] your Another one
• 54:00 - 54:30 is oh crypto usually I don't trade crypto I can have a look crypto it will be continue the bull run just because Yesterday, Michael
• 54:30 - 55:00 seller the bought about they put about 84 million or something like that to start up the Bitcoin. And then there is many good news about crypto especially BTC at the California, North California. I think they have passed the bill something like they have a bitcoin reserve or something like that. Recently there a lot of bull news for
• 55:00 - 55:30 crypto no matter no wonder it's going b run from last two weeks 73k jump until now 97k. Okay. So same thing if you want to trade crypto draw the support and resistance as well. Draw a support and resistance
• 55:30 - 56:00 H1. Okay. So draw support and resistance now you be you you need to like very it's like very very easy to draw I mean you you have to be familiar with it already uh it's just like every day we have lunch dinner like that uh very familiar already okay so back to candlestick so check
• 56:00 - 56:30 back as you can see right now let me ask you one Look at the H1. What is it all about the current candle? Can anyone tell me? Can anyone tell me right now what is the goal? Sorry. What is the candle as right
• 56:30 - 57:00 now? Bullish. Why bullish? Can you say from the similarity find the difference? What is the difference? What is the difference? The difference is at this zone the body not at this zone and then some more right now is 857 858
• 57:00 - 57:30 radio never happened at this zone. So in another 2 minute let's say the body cross over here what you should do if you know don't have any indicator now I look at price action now look at price action if you want to become more understand about the market condition market structure you look at
• 57:30 - 58:00 the price action okay some more ISI crossover. See that bullish then what you want to straight away buy. Why not you get a better price? You wait for it to pull back and here any buy then like this. Okay. Will it be better?
• 58:00 - 58:30 Ah, always wait for pullback you know past timeh when I first started right I see like this boy enter already you want to enter no no no nothing wrong okay so we want to get a better price so sometime you not pull back then you will feel like you missing miss out the
• 58:30 - 59:00 opportunity but when we miss out opportunity then how wait for next hour because Market is over there. Always there. All right. Market is always there. So wait for the next set up if you really if you really uh miss the opportunity. Okay. H1 is like this. Then we check M30 first. Okay. Good. Looking good. The body is above everything. Okay. M15. Ah. You see M50 is like
• 59:00 - 59:30 this. M got body over here. You want to be safe, you need to wait until this level because it's here. Look at the smaller time frame and the M50 is over here. So, it might be go up until here. Then it don't cross it don't break up. If you want to be safe, you have to wait for the M15
• 59:30 - 60:00 to you have to wait for M15 to cross above here. The body cross above here, above break out this zone, then okay, no problem. But right now, if you if you are hurry, no problem. If you hurry, no problem. But you need to remember these two candle. You see these two green candle always until here two time already drop always here drop the confirmation breakout is this
• 60:00 - 60:30 level. Okay. Confirmation breakout this level. If I were you maybe I wait for another 30 minute. Look at H1. Yeah. Can no problem. Very bullish. Okay, look for H is very bullish. But when I wait for another 30 minute then I see what is market condition. If M15 it really break the another 9:15 until 9:15 the is really break over here then good
• 60:30 - 61:00 confirm. Yeah they confirm. Okay. [Music] So we look at uh UJ UJ. Okay. Clear. Bitcoin is this one.
• 61:00 - 61:30 UJ. Wait, this Bitcoin over here this zone are they start ranging for how many days? Let's check. Oh, yesterday
• 61:30 - 62:00 H this this zone it break out can buy. So they wait for bull back then can buy like that but pull back until December then like that. Yeah. Back off first. You want to buy. Okay.
• 62:00 - 62:30 Actually trading is quite easy when you look at bigger time frame. You know what is the story talk about first. Okay. You know what is the story talk about first because always the price uh markets over have pullback. Markets always have pullback. All right. So when you wait for pull back then you enter you get a better price. Yeah. And this candle you very
• 62:30 - 63:00 bullish. If you want confirmation 15 minute break up over here higher than this. Okay. If right now you feel like you want to enter you better wait for pull back into here then enter this one or this zone. This zone or this zone? This one or this zone? Okay. If you want to buy. Okay. Next one.
• 63:00 - 63:30 UJ. UJ. All right. UJ 1 hour. Wow. Go. Go up. Go down. Later. We go back to come back to go. Go is very interesting. All right. So we got at
• 63:30 - 64:00 uh we draw [Music] the support and resistance first. Always when you want to when you want to trade you always need to draw support resistance first. A quick one. Draw the recent [Music] one. Okay. As you can see here is up
• 64:00 - 64:30 trend. Okay. So we access this one. All right. Okay. You look at here is actually chop ch of character. Okay. Keep breaks boss. Okay. So right now it come
• 64:30 - 65:00 back. So let's say it create lower high as lower low. It create lower low means become ch already. become lower low ch this one if this one break then it no longer create new high right then it become low uh become downtrend so this one is very strong okay this one is very
• 65:00 - 65:30 strong yeah cover but I look at this one first normally it's cover. You see this one, I already covered this one. But this one, the SNR is very near, you know, very near, very
• 65:30 - 66:00 near. I try to I try not to draw so big zone. I try not to draw so big zone. Okay. So let's say right now if UJ4 break below here then it become like this. So this one will be your sell point sell zone like this. So
• 66:00 - 66:30 we use T smaller time frame to find if there is any error over here. Okay. If break like this, break like this if there's arrow over here. Now, as I said just now, go this one, this zone important see whether break or
• 66:30 - 67:00 not. Okay. UJ is like this. Nothing much UJ. Okay. UJ nothing much. Oh yeah. Wait. Hey, I don't trade. Actually, I don't trade. O
• 67:00 - 67:30 XDIUSD. Okay. Actually I just trade go I don't trade everything I only trade go I should say like this else open every chart I don't trade this I don't trade I should say I only trade go the right instrument I don't trade easier hey but wigs w is okay wigs is okay or seeu jazz right talented west
• 67:30 - 68:00 man weeks wigs is okay supposed to be because mix is not so worth. Okay. Oil 1 hour. Oh, this this zone is is uh strong key level. Let's see whether break or not. But I for no
• 68:00 - 68:30 break now. You see? Okay. Okay. Okay. Draw these two zone
• 68:30 - 69:00 first. K to wait for us later. I I I have a look. Okay. I quickly tell you about this first. Okay. H1 nothing much. This one wait for if you want to buy wait for it
• 69:00 - 69:30 to you want to buy you need to wait for this one. You need to wait for this higher. If break this higher then only you can you can buy. Okay. If you want to buy finite X7 IC market broker finite finite 59 X7 59 X7 you need to break up. Okay always break up if you want to buy back
• 69:30 - 70:00 up back to here and you buy if you want to buy. Okay you want to sell. You want to sell you look at K T K T K T K T K T K T K T K T K T K T K indicator. Okay, because right now if you want to buy sometime you know it break out this zone already then TA come out you you you you cannot you cannot sell because break out already correct or not I mean H1 look at
• 70:00 - 70:30 H1 uh sell you need to be fast already because you actually you get the retracement trade you become the retracement trade position you need to be fast fast in fast out always say I always say if you counter trend you need to fast in fast out. Okay. Okay. [Music] So everybody want to talk about
• 70:30 - 71:00 go sometime you're talking about Bitcoin right this one there might be fake up at the resistance level. Just now I saw got Google Coron. I saw one
• 71:00 - 71:30 Google. Oh, good. Okay, cool. Right now H4 also
• 71:30 - 72:00 resistant. Okay, if you want to sell, we wait for this resistance. Wait for the resistance. Use H4. U H4 to to to use D. H4. Okay. Use U use H4. H4 to use D because right now at this small resistance here, okay, because stock the the the volume the volatility is not so huge. Okay. So right now if you want to
• 72:00 - 72:30 sell, you use H4. I prefer to sell at this zone. Okay, before you sell this one H4, look at H4. Let's say H4 candle. Okay, let's say H4 is over here. Okay, H4. If price go over here, then you sell. Wait for T at H1, then you can sell either one. Okay,
• 72:30 - 73:00 always need to wait. Huh? Yesterday one of my trading friend he told me a very very very meaningful terms in trading we wait for it to come to our zone we don't
• 73:00 - 73:30 simply go in okay we wait to come into our zone We wait to profit. Okay. All right. H for the US pair. Do you need to count? Wow. How come all look at stockh more volatile right now?
• 73:30 - 74:00 Uh go more h1 first. See today Friday or know NFP night. So Friday NFP night after NFP normally my trading style after
• 74:00 - 74:30 NFP normally I stop ready. Yeah, no stock ready because NF NF you profit you stop withdraw then wait for money uh wait for money to come into your bank then Monday start again you you trade for whole week already later if you don't
• 74:30 - 75:00 stop then going to SL then not happy over the can. So normally I will after nappy I will stop. Okay. My my style. All right. So hey throw one more. Okay.
• 75:00 - 75:30 Fish. All right. So, if you plan to sell is over already, the chance Okay. Now break
• 75:30 - 76:00 down. We wait for the next. If you want to sell, you want to short it, we wait at this level. Always wait at this higher uh resistance. And then this one that you see here right now the market structure is like
• 76:00 - 76:30 this one is oh you higher than this one already. See chalk already and then this one is already this one ch already break market struure and then higher than this one already but then it cannot go up. It cannot go up. Is Robin is not a good chance to enter
• 76:30 - 77:00 yet. You need to wait. Not a good chance to enter yet. Not a good chance to enter yet. Okay. You need to wait until roughly this zone first. This one. This zone first. No good chance. All right. Okay. Enough already. We go back
• 77:00 - 77:30 to go else because this one if you can trade go I tell you if you can trade go you can master in go I tell you you can master everything. Okay. If you master in go, wait. If you master and go, you can master everything. Okay.
• 77:30 - 78:00 See no break. Yeah. This one no break because you know why this one also is right. Just I say already this one is strong support. So because so many touch over here strong support okay so many touch over here strong support so this one no break okay so look at the just now that I'm [Music] fine Hey,
• 78:00 - 78:30 wait. How? Let me ask you if still have one minute. Do you think you want to enter by Do you think you want to enter
• 78:30 - 79:00 by got arrow? Yeah, got arrow now. Who say who say want to wait for ISI crossover? Come on. If you say want to wait for ISIS cost worth type uh type
• 79:00 - 79:30 one. Okay. Good. So Jose can enter by over here. Tap two. Okay, you see right now, right now, as you can
• 79:30 - 80:00 see, after the candle cross is actually cross over, but have you ever see after this bullish candle, it will always have a pullback most of the time. If I want to buy, I wait for this level. But this one is my style. If you if if this one no pullback will enter
• 80:00 - 80:30 also can because sometime you cannot you cannot predict the market but look at a smaller time frame like just look at uh M3 M3 bullish you know. So bullish you know M2 M2 was so bullish you know I see okay
• 80:30 - 81:00 M2 okay so if you buy over there currently you are actually having a how many pips okay 20 pips You can take partial profit if you're buying over here. Okay. If you're buying over here, partial profit. Okay. So, it may go until here
• 81:00 - 81:30 then there's a road block this zone. Okay. So, what you going to do? We change [Music] to look at M5. So we continue to wait for it. Okay, we continue to wait for it. We continue wait for it to change color right now is
• 81:30 - 82:00 around 37 pips. Okay, 37 pips. Okay, 37 pips. So I foresee you come come until here 64 pips. Okay I for will come here 64 pips.
• 82:00 - 82:30 Sometime you sometime sometime you will need to wait for retracement. Sometime you will need to enter immediately. There's no right and no wrong. Okay. But for my style I always wait for pullback my style because I rather miss a chance to enter the trade. I rather miss a
• 82:30 - 83:00 chance to enter a trade or I start floating floating. My style is like that you know oh I always wait for normally and uh today let's see today no win no win as in cannot go today cannot go high high
• 83:00 - 83:30 pips let me Hey, unless it break up over here. Break out. If no break up today, no show already. Okay, today no show already.
• 83:30 - 84:00 If no breakout, they don't show any. Yeah. Okay. You can DP, right? More than 60 65 people. Okay. More than 65 people.
• 84:00 - 84:30 Tell me 90 pips. All right. It will not go up this zone definitely until here
• 84:30 - 85:00 maximum need to see because you know why because this H1 already break out this one now come down here but then the buyer keep pushing it up but as you can see over this zone it never want to go up. Okay. So I I believe uh tonight it will be ranging at this R2 and
• 85:00 - 85:30 S1. Okay, let's see 9:30 after the US market open. What how how is react? This is a big big hour. Another 4 minute big hour 9 9:30 9:35 the the the volume will come in. If you want the complete volume is around 10 p.m. 10 p.m. because uh the comx comx
• 85:30 - 86:00 start volume coming in around that time. Comx comx is the spot trading uh exchange. All right. So X A USD silver.
• 86:00 - 86:30 All right.
• 86:30 - 87:00 Okay. So for silver is still ranging.
• 87:00 - 87:30 Okay. Silver ring ranging. Um sell at this zone. Sell at this one better. Okay. Sell at this zone better. You want to buy after break out this zone then buy. You look at smaller time frame. Okay. So like
• 87:30 - 88:00 this break up buy. Okay. Look at smaller time frame for T. So you come out you sell. You come down the arrow here sell then come back down here you buy. That will be better. You see when you trade with T when you uh actually follow trend use T to follow trend is possible. You know
• 88:00 - 88:30 why? Because when you break out you know the market is already break out over here break. Okay you know the market is already break out. You know the the the price already break out then you want to sell. You need to fast in file. Then you buy because you know breakout you definitely will pull back either pull back over here until here around this zone. Okay, until this one then you wait for the smaller time frame over here. when there is a chance there is a
• 88:30 - 89:00 arrow come down come out then you buy you need to wait because I don't know whe whether the T will come arrow or not because this band is haven't come down over here I cannot predict okay so um what I want to say is that as long as you know the the entire market structure then you know what to do ready. Okay, you know what to do
• 89:00 - 89:30 already. Um yeah, 8:30 the volume come in 9 to 10 the 10 is the weakest volume a day 10:00 because uh London London Europe Europe there close market around 11 if I'm not mistaken. Yeah, it's around 11. Okay. So you
• 89:30 - 90:00 see you need to understand the market structure first before you do anything else you you you just take T or error come out by you want to be more understandable for the market condition. So for the the the chances for you to uh lose money is very less because you understand you know you understand the market structure. But of course some
• 90:00 - 90:30 people will think that ah yeah I just use the ad then straight away uh arrow come out 4C set up straight away buy. But what if then when the time you buy is actually the last the last the last moment or what I can say is the the the retracement maybe it's the last part already or something like that then you go and buy then you you you you you will have very little
• 90:30 - 91:00 profit or maybe you SL. So before come to any before come to any open position or any indicator or any any anything you need to know what is the market condition what is the market structure first you need to pre-plan your entire uh planning first you need to plan plan first before you trade before you trade just like you do business do you need to
• 91:00 - 91:30 if you if you're doing like uh retail retail You need to you need to plan first, right? Because be before you open a a a shop. Correct or not? You need to plan first. You need to have a plan planning uh something like that. It's not like oh open open chart then straight away see got uh arrow straight away open
• 91:30 - 92:00 position. Okay. Here you can see inverted head and shoulder. You see? So let's say the price break over here. This are very strong. You see when price break over here sorry break this one the last one break over here body cross over here above here
• 92:00 - 92:30 then it's very strong reversal candlestick pattern okay Listen mix. All right. Mix so far. Oh, break
• 92:30 - 93:00 down. Wick back break down. Hardly can see Vicks back down. Oh okay. Uh we can see the support level is over here. Okay. We can see a support level
• 93:00 - 93:30 is over here. Okay, change back to candle. I want to see where is the last where is the last one. Oh yeah. This
• 93:30 - 94:00 one. Oh, very far away. Let me check first. Okay. All
• 94:00 - 94:30 right. H look at the look at [Music] the mother structure. If you want to buy, buy over here this
• 94:30 - 95:00 zone. Okay. For me, if I want to buy a buy over here, buy this one because you know why? because this one is considered a uh one touch two touch retract. Okay. This one is quite strong this support. Okay. If I buy I will buy over here. Okay. Yeah. I will buy over
• 95:00 - 95:30 here if I want to buy. Okay. So you are using uh w uh just method then you need to see where is the where is the where's the number so by looking at the market structure I will buy over here but also look at
• 95:30 - 96:00 the XPS Yes. Up. Go up. I need to see at this one.
• 96:00 - 96:30 So you want to go for weeks you know the support resistant XPX. [Music]
• 96:30 - 97:00 H it may go here. Let's see. Let's
• 97:00 - 97:30 check. Almost ready. Okay. 618 almost there already. Resistance zone some more. Resistance zone is at this one. Okay. And if um if um if a T if a T arrow come out you
• 97:30 - 98:00 that's why I say you need to bas you need to know about the market structure first. Okay. So TAD help you to find the precise price to enter. 4C is still help you to find the precise to enter. Okay. So for those trader who like to trade a neck chart because they are confident about their trading skill. They understand the market condition. They know what when to enter. Okay.
• 98:00 - 98:30 Because they know their pattern already. Okay. So TD arrow helping us to actually help us to enter precisely. Okay. So after chart usually we see how many lower low lower high or higher higher low then we enter because we need to see trend form first. Sometimes smaller time frame can change very fast. We always look at H1.
• 98:30 - 99:00 Okay. H1 and above. Okay, I'll see we look at H1 and above. Okay, so from H1 we know the big trend first. You remember the grandfather, grandmother uh want to go up, father also need to listen grand grandparents. Okay, as a son, son is a lower time frame. You you need to listen to your father.
• 99:00 - 99:30 O, let's go. Go again. Wait, wait. Okay. Still okay. Still okay. There's one. There's
• 99:30 - 100:00 one. Okay. So for go right now, right? So we need to see. So for gold whether he able to break above this or not this zone this zone this zone this support zone
• 100:00 - 100:30 okay so just now I say can TP over here okay can TP over here okay so right now we got to wait first okay right now we got to wait As long as there's no break this zone, as you can see the m the candlestick the rejection is quite high.
• 100:30 - 101:00 Come come come come to this zone reject come to this zone reject 1 2 3 4 four four four candle reject already. uh buyer trying to push it up but then until this this zone is actually quite a strong uh resistance zone for trading on indexes we use the H4 time frame can use H1 can that's fine we can use
• 101:00 - 101:30 H1 no John we cannot we cannot do you here M5 right now M5 the rejection is very strong okay M5 the rejection is very strong it's very hard to break this one right now okay it's very hard to break this one as I say just now
• 101:30 - 102:00 tonight no show only one two three zone up and down only No show. Okay. No show. Let's say 10:00. 10:00 we see the volume coming in or not. If volume still flat like this, no show. Okay. No show. I see is
• 102:00 - 102:30 [Music] more because in the middle is a in the middle of the of the of the zone. So let's say you want to trade now. Not okay. Strong support, strong resistance. This one even
• 102:30 - 103:00 stronger. Oh, when you see the when you see the M1 or M2 volume, you can see over here. Let's see. Okay. Example when no more volume one pips is one one candle is how many
• 103:00 - 103:30 pips? 1.4 pips or maybe nine p one 1 minute. Uh how many bit? 7 pip, five pip. Okay. When the strong volume coming in means you will know 2 minute, 3 minute, 5
• 103:30 - 104:00 minute, more than 50 pips, more than 30 pip or at least more than 20 pips. If you look at uh M2 M3 smaller time smaller time frame at least more than 20 to 30 pips this one is considered volume coming in. Okay. You see just now NFB
• 104:00 - 104:30 30 30 why I'm 230. Okay. So I foren today the zone the price will go up down this zone.
• 104:30 - 105:00 Look at the market structure right now. The market condition go price will go in between this zone also can set the volume indicator but what I say about the volume not only this volume I'm talking about win okay win win means uh
• 105:00 - 105:30 Tuesday Wednesday, Thursday, this three-day US action the volume is very big. Why? Because it's always have direction especially Wednesday. Tuesday no come Wednesday no come Thursday it confirm you walk out the direction that means in higher time frame H1
• 105:30 - 106:00 or H1 above it will break out it will break up strong break up so when strong breakout 200 pip 400 pips also can get okay this one High volume day. Okay, I should say this way. High volume day. Let's say 10:00 if there's no volume, no wind coming in, that means
• 106:00 - 106:30 tonight is roughly is like this. Okay, roughly because uh Europe and China people is actually holiday. Okay. So now it's US session. US session with this kind of volume is little. Okay. So H1 the market right now is like this.
• 106:30 - 107:00 Nothing else. Just now want to create just now drop right. Want to create higher high. Higher high. Cannot create higher high. now is higher low but if let's say you create new low then we you only can focus on sell okay any more question we cross at
• 107:00 - 107:30 another five minute okay high volume that means that on these three days right Tuesday Thursday it always have direction. Market always have direction. Okay. For weekly, second week, third week, when you trade second week and third week, the volume normally very
• 107:30 - 108:00 high volume. That means always have direction. Seldom you seldom you can see ranging. If you look at daily time frame you know if you look at daily time frame or weekly time frame just daily okay daily time frame okay so if you are looking
• 108:00 - 108:30 at months second quarter start from second quarter and third quarter the the the volume is quite big. So people earn big profits is normally during this quarter. Okay. So for us like a retail trader we if you want to really see the market trending you will need to trade Tuesday
• 108:30 - 109:00 Wednesday Thursday more likely to have trending market because myself don't like to trade during sideway you don't know where you want to go you want to buy you drop you want to sell you go up All right. Yeah. Current month. Yeah. Yeah. Yeah. Calendar
• 109:00 - 109:30 month. So you see uh weekly right for one month, right? Second week and the third week normally trending market. Yeah. All right. Where's the best time to the day to trade gold? Okay. If you want really if you want to have a good time to trade go I advise 8:30 after 8:30. Yeah because London always very tricky. I don't know why
• 109:30 - 110:00 London always tricky on London. when when when when when I'm say about tricky is is you break up no volume on break up have volume but no volume on so I prefer US session now but US session the volume is quite big one candle is go 30 pip 50 pip so you need to manage your risk okay you need to go for lower lower lower lot
• 110:00 - 110:30 size then you can extend your SL bigger up to you PM PM PM 8:30 p.m. US action 8:30. So after you finish your work after dinner then open your chart just nice Asian Asian pe Asian people is so so good you know you know why because uh the timing is so suit Asian people
• 110:30 - 111:00 it's just because um why US action now US action is just because uh Asian people finish work they trade Europe also trade Okay. And then US just open market. So you three the whole world is trading at this hour. So the volume is big. So it's very hard to have fake up. Okay. Very hard to have fake out
• 111:00 - 111:30 usually. All right. Yeah. NYC 8:30 day life saving we will go to 9:30 day saving like end of end of uh now november our time around 9:30 until March November until March I think daylight saving our time will change to 9:30 so any more
• 111:30 - 112:00 question is in morning I think Seven something like that. Seven or eight can if you want to trade you need to trade at uh I prefer like if you ask me or uh morning time you want to trade like Asian section 8:30 to
• 112:00 - 112:30 9:00 8:30 because normally you check you check every every day most likely 9:00 uh the volume on time come in uh 9:00 you see gold market is very active 9:00 in the morning LT LDR day okay we we we don't say how to trade in LDR days LDR days
• 112:30 - 113:00 actually I like it it just because LDR day the price movement is very big. Okay, price movement is very big. So when the time we trade uh on LDR, what we got to do is we need to have precise entry. That is the best because trading we always want precise entry. Okay. So LDR I prefer to trade follow trend. So
• 113:00 - 113:30 how to see follow trend? Look at H1 first. Oh, look at H1. see the grandparents or father mother want to go where first parents want to go where then look at M5 or M15 then follow the trend LDR is follow the trend don't against the trend if you LDR you against the trend then jalot yeah I remember last year around this time 30th
• 113:30 - 114:00 of April yeah this this date I was still floating around 3 3k plus 4K. I enter my trade on 30th of April. 11 morning. Okay. 11 morning. So you know what? At first I think wow one two hour can settle but who knows the trade is continue until
• 114:00 - 114:30 that time I still I still I still not not good in trading okay um yeah so I thought is 2 hour can settle who knows this trade carry me until today until today 2nd of May or something like that one year anniversary I lost about 3 4K. I I went to travel. Okay. When I went travel, I look at the chart. Then after after a while, then I
• 114:30 - 115:00 look at the I look at the chart check trade record again. I say how come I will I will enter this trade? I totally not go. I don't understand how if right now if I I I I look at the chart I will not enter my chart time every day I start 2:00 until midnight 2:00 every day after that every
• 115:00 - 115:30 day every day so after 6 month after 6 month the trading I evolve I evolve because my chart time is a lot I go and see and back test back test back you know. All right. So, sometime it take time. Some some people take like four year, five years, he still cannot uh he still cannot uh have breakthrough. So, so so so sometime it's
• 115:30 - 116:00 already t take some times. Yeah. So, uh no question really. No question then we stop here. Okay. So, no question then we stop here. Then I check see whether next Friday, next Friday or maybe I I check with Jess again next Thursday maybe we have another session like this live live session you you guys say okay or not before say thank you answer me first
• 116:00 - 116:30 next Thursday next Thursday is okay uh let me check with Jess first see how see how's the arrangement see How's the arrangement? Okay. So, uh Okay. So, enjoy weekendh. So, I will see you again more live here. All right. Okay. See you guys. Bye-bye.
• 116:30 - 117:00 [Music] [Music] Hey, hey, hey.