10. Trade Aways Volume 1: Understanding Trade Strategies
Learn about tradeways and advanced trading concepts in this educational video. Discover the importance of establishing solid foundations and discipline in your trading journey for long-term progress in your account.
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Video Transcript
all right so the video this week is
going to be about
tradeways um as you can see we're
starting to get a little bit more
advanced in into the educational um
content and remember this is just our
first layer of topic because imagine
even when we start actually entering
trades it's going to take a long time
until people start seeing a little bit
of progress into their account and this
is why I already started making you guys
and forcing you guys to make those
markups so the foundations will be there
the discipline will be already acquired
you will be used to putting in the hours
so when it comes to entering trades then
journaling your trades explaining your
thought process when it comes to entries
and stuff like that is going to be very
very helpful just because of those daily
markups
okay so a subject of today is
tradeways okay so tradeways what I mean
by this is usually when we have let's
say equal
lows and price
induces those equal lows usually price
wants to trade
away from this liquidity right that they
grabbed so usually a good Compass or a
good GPS when it comes down to
navigating those markets is to always
look at where is the last relevant
inducement of the day or previous day
depending on the PA so it's pretty
simple again let's check this UC
um um pair and we can see higher time
frame whatever uh we start let me just
erase and make sure oops that wasn't
what I wanted to do let's erase let's go
if you see
here price starting doing a new
structural shift new structural low so
the trend has switch right this is the
first switch now price really has switch
time frame not time frame uh Trend okay
so here we can see we're trending
downwards you can see it pretty clear
clear clearly here clearly sorry here
