Beginner's Academy 2️ Learn Day Trading Strategies - Price Action - Technical Analysis | Janos Raduly | Skillshare

Beginner's Academy 2️ Learn Day Trading Strategies - Price Action - Technical Analysis

Janos Raduly, Retail Trader

Beginner's Academy 2️ Learn Day Trading Strategies - Price Action - Technical Analysis

Janos Raduly, Retail Trader

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10 Lessons (1h 12m)
    • 1. Second Class Quick welcoming

      0:52
    • 2. Draw Trendlines on an Uptrend

      14:27
    • 3. Some more practice about trendlines

      6:29
    • 4. Learn about Support and Resistance Levels

      11:51
    • 5. Trend Variation Entry and Exit Strategy with Forex

      9:20
    • 6. TV Staregy with an example of an Index

      12:06
    • 7. I will show you TV strategy with Mono Colour Coding chart

      11:38
    • 8. Short video about Trend Variation Strategy

      2:07
    • 9. Another example of Trend Variation Strategy

      2:55
    • 10. You have finished the second class. Congratulations

      0:26
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About This Class

You will learn the fundamentals of Technical Analysis, Day Trading Strategies, Intraday Trading and Scalping Strategies Swing trading during the 3 classes. This knowledge will allow you to trade Stock market, Forex market, Indicies, Cryptocurrency, Commodities as a Day trader, Intraday trader Scalper.

 

 This is the second class of the series of three. If you haven't watched the first class, please go and watch it now. Every class gives you the needed knowledge and preparation for the next one. Thanks 

The purpose of this second class is to give you the needed Technical Analysis knowledge in order to be able to learn and implement Day Trading Strategies and to introduce you to some practical knowledge. How to enter and exit from the markets.

In this class, you will learn the following;

  • What is a trendline
  • How to draw trendlines 
  • The rules to follow in order to draw trendlines in the correct way 
  • How to utilise trendlines
  • Support and resistance levels
  • How to utilise support and resistance levels
  • How to recognise the possible reversal levels of a market
  • Learn Trend Variation (TV) strategy
  • How to enter and exit with TV strategy
  • Where to enter and exit
  • Why you need to enter an exit exactly at that place

...and more

 

Every class contains PDF files, which you should read first and then watch the videos. In this way, you will have a much better understanding of the content of the videos and your knowledge will be stronger. 

 

The file of your HOMEWORK is inside the FIRST CLASS.

 

Every class will give you the needed knowledge and preparation for the next one, for the next level.

Your questions and your feedback are always welcome. 

LET'S GO ON WITH THIS AMAZING JOURNEY OF BECOMING A DAY TRADER RIGHT NOW!!! 

Meet Your Teacher

Teacher Profile Image

Janos Raduly

Retail Trader

Teacher

Hello, I'm Janos. 

I have opened my first trading account in 2010 and I became a successful retail trader in 2013. I trade any market that gives me the right setup to make a profit. I trade from the 15 minutes chart to the weekly. I believe that trading is not difficult if you can keep it simple and if you know what you are doing. Of course, for that, you need the right strategies and experience too. 

This is the result of my last week's trades. 

See full profile

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Transcripts

1. Second Class Quick welcoming: Hello, hello, back on to the second class. First of all, if you haven't done the first class yet, please go back and start from there because you will need the knowledge and the preparation of the first class for the second part, okay, If you have done the first class, then thank you very much for coming and taking or so the second class, it looks like that you will find some value in the first class. And I promise you that you will find even more in the second class. Because we will talk about trend lines and they trading entry and exit strategy, which is called the trend variation strategy. And there are also some other stuff. So let's just begin. And I hope you have fun. If you have any questions. I'm always happy to answer. So see you insight. Bye. 2. Draw Trendlines on an Uptrend: Hi there. Welcome to video. We are going to talk about the trend lines. As you know in module four, we are talking about the trend lines. So let's just begin with our rules. There are just a few, but as I was saying in the module, you have to follow them. Rule, a, ledges jump over down there in the model and less Rick up together. There is a rule that says if, if you want to have a strong trend line, then you should apply your trend line on the wiki chart is because the weekly will show you exactly where are the lows and highs. And also because on the, on this timeframe, it's easy to apply them. Okay. The weekly chart is not messy. So you will you will have no difficult to find your laws for your highs. It depends if visa or if it's a downtrend. And after that, if you are trading on a shorter timeframe, for example, on the daily, you can just apply your turn lights on the weekly and then you jump down to there daily chart and you adjust your, your trend lines. That's not a problem, but you should apply them on the weekly. Okay, so Ruby says that you need minimum free highs for downtrend and minimum free laws for an uptrend starting from the pivot point, as you know it. And rule says that the highest or the lowest cannot break the end line significantly. You have to use your common sense about this root. And then this says that if there is a speedup from the current trend lines, so from your main trend line, because there are many buyers, if it's an uptrend or there are many sellers. If it's a downtrend, then you have to apply a new trend line starting from your speedup point. Okay, so that's it. This is what we are going to do in this module. We are just going to apply trend lines. We are not going to talk about strategy. Went to exit, went to enter. Trade. That is a totally other story. Okay, the cell different story that will be in other module when we will have to manage your, your position. This is different in this video, we are just talking about how to apply the 10 lines. All right, so let's just jump over here and start to apply. Our trend lines vary a downtrend, as you can see it, and we are going to enter in our trend. This is Australia and stoke is called aristocrat leisure, a double l, that is the code of the store. And let's just begin and let's try to find our, our trend up, okay? And we are going to apply our trend lines. Just one other thing. I would like you to think about the trend line as a guideline. Okay, So if you apply your trend line or for example, trend, the trend line is not going to stop the market to move down. Okay, so just think about it as a guideline for your eyes that the trend line will help you to understand if the trend is continuing or not. Okay? So the trend line is something that you put on the chart. You put on the market, on the proximate moment. So that is not going to stop the market to turn back down, okay, So you don't take your trend line as something that is holding up the markets. Know, your trend line is not holding up the market. The trend line is just guiding you to see if the market is still going to the direction you are, for example, up or down, okay? So just be careful with that. So let's see if we can find our uptrend. Let's go bar by bar. Just make it a little bit bigger so you can see better. There you go. Let's see. Yep, I think that's we have our pivot point, right? So let's put our first trend line on it. Here it is. Starting from this point. You see this for example here, breaks a little bit your trend line, but it doesn't matter. Just a little bit is fine. Once again, use your common sense. Okay? So let's see what will happen. Okay, so now that the market broke your trend line, what do you have to do if it will happen? As you know it from the swing highs and lows. We have done that already. When will, when will the trend continue? The trend will continue only if the price we break the loss high. If you sum up then Okay? So what you can do is you can put a line on your last hi. Okay, on your highest high, this is the wrong to sort. There it is. You can put a line on your last high, on your highest high, okay? And as you know from the rules of seeing highs and lows, the trend will continue up only if the price section we break this level. Okay, so let's move on. Let's see if it is done. So now, at this point, you can come back to the pivot point and put your new trend line. Okay? There it is. Or you could just move this one down. If you don't want it message, you just move this one down. But it doesn't matter, It's up to you. So let's move on and let's see what will happen coming down. Broke it again. So once again, what you do is you put the line if you want, you don't have to. But it's easier if you put a line on the highest high, okay, before the breaking of the trend line. Because as you know, as I said it before, the trend will continue up only if it takes out the highest high. Okay, So let's move on and let's see what will happen. And here we are just the pivot point. We have the pivot point and they are bond touch after the pivot point. So we are at, to touch at the moment. The price broke that high again. So what you can do is you fix your trend line Here, Okay? And the steel not a conference timeline as you know. So let's move on and let's see what happened. Okay, now we have our third touch, 123. Let's see if it will turn back. Yes, it is going up. Okay. Going back nicely. Okay. Let's go. Let me just move this a little bit closer and a little bit further. That okay. Turning back. No. So it broke it. Once again. You can put a line on the highest high. Okay. And let's move on. Going back down. Or the another thing you can do if you want, you can just put up a trend line on this one. So it will just have, you know, happy to see that downward trend is continuing or is turning back up. But anyways, the uptrend, we'll continue only if the price we take out the slab. Okay. So let's see if it will happen. Yes, it did happen. So we have to go back to our pivot point and apply a new trend line. And here we have our first speed up point. Okay? So as the rule says, if you see a speedup point, you have to apply a new trend line on it, okay? Just to follow the trend, follow the trend up. So let's move on. Okay, now we have another speedup point, as you can see it. From this point. Here, we apply another new trend line. Sometimes the trend just goes up like crazy, you know, going up, vertical, religious, up, up, up, up, up. So this is why you have to follow it with a, with a new trend line. So let's see if that trend line we hold doesn't. Okay, So now invoke the high, the highest high. So we have to apply a new trend line. My debt. It means that the uptrend we continue, right? And as you can see, that trend line is holding pretty much. Okay. Let's just fix this trend line. So just please remember is there is no strategy here, there is no money management or anything like that. This is only applying trend lines. Okay. Let's move, is it holding a slot? So once again, we put a line on the top of this bar because that is our last hi. Okay. It's broken. So once it happens, you have to come back down. And you fix your trend line. Starting from this point. There you go. And now this is your main trend line. Okay? Let's move on. Now. Okay, It broke this level. So you will have to apply a new trend line starting from the speedup point. Just like that. Okay? There is another speedup point from this bar. As you can see, like this. Okay, It broke this level. So it means that we can move our trend line to the low of this big outside bar. Because that is another speedup point. Now we have another speedup point. So we have to apply a new trend line on it. And that is only to do that to follow the trend, okay? Because when we will talk about the exit strategy, you will have to know where the trend is, it's heading. So if we were keeping only our main trend line, which is this one in this moment. Okay. You would be so far, so far from it. Can you see that? There? You are so far from this trend line. So when there is a speedup point, you just put on a new trend line. So if it's turning back, you see it? Yeah, yeah, it's coming down now. And if you will break off, so these one yeah, that's bad is coming down and if you break also this one, that is really bad, okay? So is just von confirmation that the trend is going up, then you have the next conformation that okay, it came down a little bit, but still going up. If it turns back and breaks these high, it can happen that it will break this one and break this one. And then at this point, at the main trend line will go back up, okay? Because there are different kinds of trends inside the trend, okay? There is a main trend that is going up. And then there are the secondary trends, they call it, okay, we call it, for example, here you can see very well that we are in an uptrend that is the main trend. And then we have a secondary trend that is coming down, okay? Or my nose trends, somebody would call it minor trend. Then we go up again, okay, Does the main thread, and then we have a little minor trend, it's coming back down. Then we go up again in the main trend, and then there is a minor trend and so on. Okay, there is another miners trend and the trend line is holding nicely dead. Okay? So this is how you apply your trend lines uptrend. This, That's all for this video. See you at the next one. Okay. Bye. 3. Some more practice about trendlines: Hi there. Welcome, Welcome, Welcome to the second video of module 4. We are continuing to talk about their trend lines, of course, excuse me, as you know. So let's just jump over here and let's have a look of our charts. And the last video, we apply the trend lines on the uptrend. In this video we are going to apply the trend lines on the downtrend, okay, just to be sure that you understood both directions. Okay? So let's begin. Let's go bar by bar. By the way, this is index, FTSE and the weekly chart, of course, as you don't tag. So let's move on and let's see if we can find a downtrend together. How is it going? I hope this you have a good day. I had a great day. Okay. And while I'm talking, I can see already that most likely we have downtrend just starting. Okay? That is our pivot point. And we have already the second touch, first one and the second. Let's see what will happen. Okay? Is it going to hold for not? Maybe not. Okay. It doesn't look like. So what do we do now? Just the same thing that we have done with doctrine, but the opposite. So when we're the downtrend continue only if the price section we break the lowest slow, okay. As you know, from the spring lows and highs, the trend will continue only if the level will be broken. So let's see if it will happen. Okay, looking good. We move this one a little bit. Moving a little bit sideways. It's broken, right? You go. So at this point, you can put our trend line here to that. Okay? So let's move on. And there is a speedup point, as you can see it, from this point down there. Okay, Let's move on. That level is broken. But it looks like as your main trend line is holding nicely. Okay. Will it break the lowest slow? Yes. So once again, there is a speedup point from this upper. So we put our new trend line. Just like that. Let's move on. Okay, that it's broken. Let's see if the main trend line is holding or not. There you go. It doesn't look like so once again, you put your line on the load this bar, because that is the lowest slope, okay. Sideways and going down nicely. Okay, Now it broke it. So we can go back to the turning point. Then we apply a no, sorry, that's the wrong tool. There you go. And we apply a new trend line just like that. So now this is your main trend line. Okay? This one here. So let's move on. I think there is a speedup point as you can see it. So you apply another trend line on just to guide your eyes, okay. And they broke again the slope. Okay? As you can see, this is very simple but very useful. Because of course when you are trading, you will see that, okay, the market just broke my trend line. So what should I do? Will it go up? Should I get out? What should I do? Yeah, these are the questions and you will learn how to manage the situations. Of course, not in this video or not in this module, but in the next modules are a little tip for you, as you know it from the Sphinx licensing laws, that when the price bro breaks the law of the lowest slope, it means that the trend is continuing down. Or if it breaks the high of the highest high, it means that the trend is continue up here because that is the base of every trend as you know it. You have to see lower lows and lower highs for downtrend and higher highs and higher lows for an upfront. So we just have to follow these rules. When you apply your trend lines and you will be perfectly fine. Okay? So let's see what we have done until, until this point. We started here. There was the turning point. The market decided to turn back up a little bit. Okay, so from there, it was pretty much straightforward. Good, and nice. Friend. Downtrend. Good. Okay. So that's all for the downtrend, as you can see, is basically the same. There was our current Turning Point 2. That was our turning point so that the trend started to, to turn back up from this point, just where we left it. Okay. So that's it for this video and see you at the next one. Have a good day, Bye. 4. Learn about Support and Resistance Levels: Hello, Welcome back to this video. This is the third video of Module 4. We are going to talk about support and resistance levels. Okay, So let's start jump on our charts immediately. And this is Australian 200 and this is our index. And let's begin with our radar, finding our support and resistance levels. So if you start threading, when you will start reading, the first thing you should do is open your chart. Okay, step back a bit like a little birdie. See everything from above, from far, okay? Because in this, in this way you will see that overall situation of the market. And you start to apply your support and resistance levels. This is the first thing that you will do. As you know, we apply the support and resistance levels on the weekly chart. And you can use this cross. Have you a little bit. So you can see a little bit better, easier. Where are these levels at the beginning until you don't get your eyes trained up after a while, you will see it's without any half. So for now I will just do it. So let me see where can I find that it is? So I'll put my line so it excuse me, that is just make it black and a little bit thicker. So, you know the rules already, but it doesn't hurt if we repeat them together, right? So to apply support and resistance levels, you have to use your weekly chart, okay? And then and you have to consider this levels as area, okay? And not as exact point because they are never exit point. That trend can turn back up from this level, from this area. And in that case, it's called support. Or the trends can turn back down from this area and that, in that case, it's a resistor. Ok. The names of these levels and the support can become a resistance. And the resistance level can become a support level. Okay? So they are very easy to find. As I was saying in the model, that if you don't see them, it means that there are no, Okay, So you don't have to invent them. If you don't see them. It means that there are no. And that's very simple and easy, isn't it? So. Move this if I can live there. And they will be a great help if you combine them with the trend lines. This is something that you have to know and you have to call mine them. As I was saying in the beginning of this course, we will use multiple conformations to enter into trade. So like this, we know this, we are going to do the right thing, okay? And because we don't want to lose money. So this is what we do. Utilize more than 12 to confirm that what we are doing is the right decision. Again, our decision is right. So let's see what we have done. So after applying your support and resistance levels, you can zoom in. So we use the past information here, right here I was applying support to the resistant levels in this area here. Okay. And now we can see that it's worked pretty much many times. As you can see. This levels help us. For example, when this at this point that the price section was going towards the level here. And it came back down, then it tried again and came back down, then try it again. It touched street and broke it even a little bit. And then came back down again. Then from this level, jump back up and then down again, tried to break it, but it couldn't. So the price went up. Okay? So when you see that you are trading, for example, you were either operand and you see that, Okay, I'm getting close to this level here. So I have to be careful. And your trendline is holding, even if the price just came back from this level, it's holding. It, tries to break it again. And then he jumps back down again. You can see that now not only the first but also your second trend line is broken. Plus the next level underneath is broken again. That's a good time to get up from the train. Okay. Because yes, then it went back up. But you don't know that? Because you can see only on through here. In real life. It's when back up and then jump back down again. Okay. And this is on the weekly. All right. So let's just what what else I wanted to show you this. How would it look like on the daily chart? Because I was saying that you can apply your trend lines on the weekly and then you jump back down to the, to the daily, right? So from the weekly back to their daily and this is how it would look like. Let's take it from the beginning. That was our turning point. And as you can see, that trend lines applied on the weekly, they are pretty, pretty good. Ozone the daily chart, they timeframe. Of course they are not. As good as on the weekly. Okay. Because the dailies a little bit messier. But already here you can see that the speedup points that we have found in the weekly chart was telling you that it's time to get down. And if you trade on the daily, then you can put on more than one trend line. You don't have to stick to their weekly trend lines. You can apply your trend lines or so on the on the daily as an audition. I think it's a good practice to change color. So you don't get confused because you will know that this is the weekly one, that pink for example. And this is the daily, the blue. Okay? So you can help yourself a little bit with new trend lines applied on the, on the daily chart, okay? And as you can see, it's holding pretty much it's very nice on the on the daily here, you've got a very good sign that was saying, even if it's only their weekly trend line here was telling you in that daily that you should get out because your trend line is broken. Okay? Weekly Of course you can hold it a little bit more because if you use the weekly chart, it means that you are trading on the long-term. Okay. While if you are trading on the daily all in four hours on the one-hour chart, it means that you are short-term trader. And if you are short-term trade, that it means that you make less profit than a long-term trainer. Less profits, molar profits, but more times. So for example, if you didn't get out here, this thing here, this turning back down, was a pretty much a big loss for you on the day. Because that is let me see. From this point where you didn't get out until this point, turn back, it's 5.92%, so it's almost 6, 6% percent of flows. If you're a day trader and that's bad, that's bad. So you can just combine your support and resistance levels that you apply on the weekly chart. We'd your trend lines that you again apply on your weekly chart. Then you come down to the timeframe that you wish to use for your trading and you combine your weekly supporter isn't levels and your weekly trend lines video daily trend lines for example. Okay? So you can combine these tools. You can manage your traits better if you combine these tools and it will give you some goo. I look at that for example here. For example, here we are still on the daily, right? And this is the trend line of the weekly chart, okay? But if you are trading on the day, you would have seen that there is speedup point, right? That is it, correct. So let's just make it blue. Because we said that they will be blue. Just for example, there was this speedup point and you'll put it your, your uptrend line underneath. And when the price section broke your daily trend line, that was a very good site for you to get out here, okay, At the low of this path, for example. And that would have saved you a lot of money. Really a lot of money because, you know, what is this? What is this big jump down, all down here? Of course, that is COVID, COVID 19. Okay? So just because you use your trend line, your daily trend line combined with your victory trend line, and using the rule of applying the trend lines on the correct way. So using the rule of the speed of point, which is Rule, see in the unknown solid rule d, If I remember when in the model, you could save a lot of money for you. For yourself. You can save a lot of loss, okay? And I guarantee you that many people lost a lot of money in this period because COVID, okay, so that's all about support and resistance levels. As you can see, they are pretty much straightforward. There is no much more to talk about because it's easy. You just open your weekly chart and then you have to find the highs and lows. And you have to find the highs and lows that are touching more than one, high or low. So at least two too high or too low, or the combination of these two things. Okay. So that's all for this video. See you at the next one. Have a good day. Bye. 5. Trend Variation Entry and Exit Strategy with Forex: Hello and welcome to Module 5. In this video, we are going to talk about TV strategy or if you prefer, trend variation strategy. This is one of my favorite and most used strategy. I really like it because it's simple and reliable. And also because I can use it on any timeframe. Okay, So this is why I like it so much. So let's see what the rule says. We are going to see first a downtrend together. So the rule says that you need point a, B, C, and point the UN trade when venue or shorting the market, okay, So point E is your pivot point than B, you have a low than c. And this is the important thing, okay? See when you have a lower high, because as you know, for uptrend to continue, you need segments of higher highs and higher lows. Now we are looking to entering a downtrend. So the option will end when you will have a high or low, a lower, high, and then also lower lobe, which is point D. And that is the point where we can enter in the trade, okay, the price breaks the law of point B. So let's just jump over here and let's start together. I think this is a daily chart, by the way. And the Forex, euro and the British pound. And let's just begin and let's see if we can find the downtrodden right thing. And there it is. Let's just make it a little bit bigger so you can see it better. Black always. Can you see that we have B, point C, and we have point D there, right there. Just put a line through it and we enter in the trade when the price raise a lot of point B. Okay, So let's move on and let's see what will happen. And another thing why about other characteristic wildlife IS strategy, is, as I said, you can use it on any timeframe, right? And basically, you can use it on its own. You don't need any, anything else. You can use. Only this strategy because for the simple reason that you know already, the trend will continue until you have segments lower lows and lower house, right? Or higher and higher loop. So as long as you don't see a higher high and the high or low, if you are shorting the market, you are fine. There is no reason to be, to be very salty now is going nicely. It's going down. This is what we want to see. Okay? So I'm done. Pretty much. We lost it for a second. Okay. So I just got out from the line. Hi there. Can you see it? Why? If not eigenvalue, we are influence. So this is, this is our B, point C, and point D. Okay? So we had, we had a higher, we had a high. And this is the important. We had a high or low. Okay. So low, high or high or low. And that is telling you watch out the direction. It's going to change. Most likely what? When we got going the solvent, the price section broke the high or this high. So the last high. It means that now we don't have the segments of the lower lobes and the lower highs, but now we have a higher law and also higher, high. So that is where we get asked from the market, okay. Then it can turn back down. Okay. There you go. But the rule says that you have to get out when you see a higher law and the higher high gag. So if you wanted, you could get back in here at this point. Let me scroll back. Then. Hit Okay. Because now we had our HIV, we had, we had a lower high. And then the price broke the law of point B. Okay? So you have to stick to the rules. In this case, the trend turn back. At least until now. We can go and see now together if it's true or not, what you have to follow the rules, because if you don't follow them, you will lose money getting. So until, until this point, let me see you how much you could make. And remember that this is a daily chart. So let me see that. There you go. We entered in the trait here. And we exited right there. That was a 3.63%. Okay. That is your profit. And you didn't do anything. You just recognized that there was an entry here with a TV strategy. And you just let it go until you see a formation of a high or low and high are high. And when you see that, you have to get out, okay? You have to follow the rule is simple strategy. But if you don't stick to the rule, it won't work. So let's see if this trend is going down or is turning back up. Okay? And here you should have cut out again. Because now you had again a low. You had you had a high, you have a higher law and then the price broker. Okay. And it's going back down. And it's going back up. So the market for x in generalized stuff, every market But for x can be a little bit messy, okay? If you trade for x or if you and I tried to trade for x, you know that for x is a little bit messy. But if you manage it on the right way, if you follow the rules, then you will be fine. Okay? Because for example here, let, let me, let me go back. For example here. We decided to get it, right. We decided to getting back because we had one more time once again. So if you had once again a lower high and then the slope. So we decided to get there. When we get up, get out when we see high or low and high. High. Okay. There it is. You got out there. This point. Still is not, not a big win, but it's still a 14 percent, 0.14% of profit. But you got out then when you see the sign, because if not, it will turn against you. Now you will think again our Kyiv and swallowed it. I will just hold it. It turned back down because here I got out, then it turned back down. So I will just keep holding it. And then you keep holding it and you lose money. So for x can be a little bit messy. Careful with for x. But of course you have to be careful with anything else. Yeah, absolutely great. But for this particular investment and this is also that they chat. So if you would do the same thing on the weekly, it would be better, in my opinion. But you can do it easily on the daily to it's not a problem. I'm just telling you that on the weekly it would be easier a little bit. Of course you have to have more patient because on the weekly there are less things going on. So if you are a tray there, It's better to do it on the lower timeframe, on the daily or also in four hours time frame. That is fine with this strategy. You can do it also in the 50 minutes timeframe. There is no problem. You just have to follow the rules. I said it. I don't know how many times. So this was the last time, I promise. That's all for this video. So serious. 6. TV Staregy with an example of an Index: Hello, welcome back to our new video. We're going to talk, still going to talk about TV strategy. This time I will I will show you how to enter in Trenton. Okay. So let's just recap quickly what I've shown you in the module. So as you know to enter in an uptrend the way the theory strategy you need four points. Point a is low point B is a high point C, which is the most important to recognize this formation. Point C is a high or low, okay? And then you get to your point, the, when the price breaks, the height of point B, and that is your confirmation and your entry point. Alright, so let's jump over here to our chart. We are kind of in a half uptrend sideway moving trend a little bit at this point, but we will try to figure out how and when can we getting back to the trend, okay? And this is good. This is another good thing with this strategy that you don't have to wait for the beginning of a new trend. Even if the trend just stops a little bit like here, it was going up a little bit sideways in this area here, and then started to go down. Okay, now we will see if you can jump on the wave this uptrend using only our theory strategy. Okay, so let's move on. Let's see if we can do that. By the way, this is X j, o and that they will charge. Okay? So let's see. As they're going down, we'll make a little bigger. There you go. Okay. I think that no, Not just yet, but we almost got our confirmation. Okay, so look, here we have B, point C, which is the most important because it's telling us that something is going to change. Something is going to happen, most likely the high or low. And then we will have point the wrong tube once the price breaks. This level here, okay? Which is point B. And this didn't happen yet. Can you see it, that it didn't touch it yet. So we still have to wait a little bit because it's not confirmed until is not confirmed. Right. So let's see. Okay, now is go for, now it's broken. So we have point a, b, C, and that is our point D, which is our entry point. As I was mentioning in the module, if you are a more conservative trader and you want to wait that the price section goes about this level. You can wait until the price that the, sorry, the bar that breaks this level closest, like for example, in this case. You didn't enter here at point D, But you can wait and you put your stoke by order. Here. You can put your stove. I ordered like a couple of peaks about it back and when and if the price via heat disorder, so E3 break the high of this bag, you will automatically get into the, to the train. Okay? So there are two options. Point the whole point E, the S1 issue are more conservative trader. Okay? So let's see what will happen now. And it just hits your your order. So you've got thin the trail. But to start to turn back down for a little while, hopefully valuable. Because a good, good thing to do. And especially at the beginning, when you still don't have, let's say your eyes trained. You can just put your you can just put a line underneath or if you want, you can put your stop-loss is just underneath the last load, okay? Because as you know, ultimately continue until you have the segments of higher lows and higher highs. Once the price break the law of the last slope, it means, or it could mean that the uptrend is turning down and told turning into a downtrend. So when you trade, you can just move your stop loss from here to the next slope and from this law to the next one that we have to look. And you will also use this risk management strategy or to, to gain as much money as possible and to lose as less money as possible. Okay? We say here again, we can just move our stop-loss just underneath couple of pipes underneath. Not exactly. It's not touching it for $0.05. Okay. That's totally up to you. Again. We can just move it. Let's see how it goes. Okay. We just got up. It's got that from the trade because our scope was heat. Okay. So you've got you've got tossed from the train. But what what's your, what are your options now? Your options can be, I get back in the thread, wants the price breaks these high. Because you know that the trend will continue until there is the segments of higher and higher lows here, that point, this point, we've got our lower low, okay? Because the slope is lower than this one, as you know that you have to identify your low is if you see a bar, B bar before and 4x3, that has a higher law. That is your new law, right? And this case, this outside buys our new loop. So that is one option that's when the price breaks this level. Then you get the inside. Again, or you wait until the formation of a new lower, low, high or low, and the higher. And that is option two, okay, It's totally up to you. If you are a more conservative trader again, you can wait until the core mission of higher, high and the high or low. And then when the brakes that the price will break the new high, then you get into thread. Okay? In this example, I would like to get in once the price break this level. So let's see what happens. Okay, There we go. We got into trade again, right? So let's move on. And this was Your other option. When the price broke, the level of the right. Small. Again, we may remove our surplus and just underneath, we're stealing the trade sideways. Still. Now we are out again. So as you can see, your stop-loss field protects you. Then stop-loss field protects you from losing money. You just have to do. You just have to combine with your TV strategy. And the prices jumped up very nicely. So once again, you could just put your scope by order right there. Because if the price breaks the highest high, it means that the market is going, still going up. Okay? So you will be in the trade again. And let's see what we can put. Our scope was just under here. And you would have make nice little profit or Arabic. Let's see, eclipse was a good idea or not. Yeah, the scopolamine who's working and we can just move it underneath that. And so on. You got out again. Okay. I hope you got the point. Leprosy, ready to start? It's plenty. Okay. So we started here at our first entry and we got out. At this point. Here. We got in here, and we got out there. That was a 2.29% profit. Then we got thin here. And the hours hopeless took us out here. Let's was a bomb percent. Perfect. Then you've got seen here again. You just move it. And we got out at this point. And that was other 4.59%. So it's about 99, 10% profit, okay? And you didn't have to do so much. You can just go back daily and see if there is a new low. And if there is, you just take your smokeless and put it underneath and you let it go. Because once you get in, in the trade, for example here let's say that you've got thin enough and you are already in the profit, the market, yet the price section, we go, Come back down a little bit about this is not a problem because you have already your profits here. So you can put your topless underneath so you are not worried, okay. Because anything could happen. Yes. But even in the price, let's say that you noticed that there is this new law and you put your slope plus underneath, right? And next day, and the next day the market turns back down. Okay. Jumped up and it would close your position, right? Right. But you're still, you are already in profit. So it doesn't matter. You have made some money. And in this way, you protect your capital because we are all here to make money and not to lose money. So this topless is very important and very useful. So I hope that you will use it. Many traders, especially at the beginning, I would say that 95 percent of the deaths are not using this helpless because they believe that they know it better and not, let me tell you that the markets know it better than you, much better. So the only thing you can do is try to protect yourself, try to protect your capital, and that is the best thing that you can do. Okay? So that's all for this video. And I wish you a great day. See you at the next video. Bye. 7. I will show you TV strategy with Mono Colour Coding chart: Hi and welcome to this video or so in this video I'm going to talk about TV strategy, but this time we are going to utilize our chart with the mono color coding, as I was mentioning in the first modules, in module 2, that unfortunately you won't have the possibility to use fibrillation color-coding. Okay. Normally it's not available. So just because I'm pretty sure that you have to use one color coding. I show your show the strategy with one color, K and V, the spin gradation coding, but it is the same as you know. You can recognize the highs and lows without any problem. We done the colors. You're either you have to get used to it saying in the previous videos. But it's not a problem because you will be practicing and you will be fine. So let's just begin with this example. This is a weekly chart, by the way. I think in the previous videos are used on the chart. Just to change. I show you a way to chuck in this figure. So let's begin. Let's go bar by bar, week-by-week. And let's see if we can find our entry. As you can see, we are coming from a downtrend. And we are trying to enter uptrend by, by finding our point a, b, C, and then D. Or if you are a more conservative trader than point E. Okay? So let's see, let's go there. Real, this braid is high. You sing. No doubt. Okay, It just broke the law slow. It could be a nice reversal. Yeah. That's looking good. Okay, so now we have find one hour, looks like a three or find our turning point. So I just to have you our pivot point, just to have you, I put symbol there. So you can see that that's E-Step. The law slow. Ok, and let's see if we can find a high or low or, or loss. Let's see. This one here is not a high or low bid cap will care because from here you could swing up here to the top of this bar because the previous high bar has a lower high and also the bar after it has a lower high. Okay? But you cannot swim, you know, already to the lower piece bar because the path that the bar before it doesn't have a high or low, right? So it's not your low. So let's move on. Higher, higher, lows. You see every bar has high or low. Okay, That's another sidebar. Let's see if this one will be our new high. Yes, I think so. That'll be our new high. I just put the symbol there for you. They're okay. Because the bar before it has a lower high and the bar after it has a lower high. But you know these things already. And these bar has a lower low compared to these. But let's see if the next bar, we have a higher law than this one or not. If the next bar has a high or low, then this is your new law. So your higher hello. Okay, Let's see. There you went. We just entered in the trade that people got similar. So here, so you can follow vector, okay? So this point was our point D, just like 45 peeps above this high. Okay, so we have point a, b, c, and this is point D. If you are more conservative trader, then you will position you're stopped by order like four or five pips above that bug, okay? And once the price, base that level, you entering the thread. Okay? So let's move on. Now this is a weekly bar. So you are not positioning your stop-loss order, the last lobe. Okay. But you are positioning your stop-loss under the slow here. Leading black. Like always a 45 feet of space. Just like that. So you you left your market brief. Never too close. So let's move on. Let's see what's happening. Okay, So the point E, you would have entered here in the trend, okay? Just remember that this is a weekly chart. Okay, good. So now I can move my topless because I'm not moving it under the last law, but under the second law, slow. Just like that. Okay. Let's move on. Let's move on. And you see with this strategy, if you use it on the weekly, you don't need trend line, you just use your TV strategy, entry and exit. Okay. Just broke debt level there. So I will position my stop-loss. And just Thunder. They're not under the last law. The second law slow. Okay. Here, zoom out a little bit so you can see better. Guess to moving. I can move my StatPlus a little bit higher because this is our last law, right? I just broke that level so I can move my skill plus fonts again. Under the last law, the second lesson, Canvas broadest level again. So I move my topless. Once again, they're not under the law slow, but the second lesson, smooth. Moving up nicely, ups. Are we going to get out or not? Okay? It didn't touch our stop-loss yet. But as you can see then, you had the high, you had a low and you have a higher high. Okay. So at this point, our stop-loss, he said the right position already? Yeah. Because you are following the rule video and put it under the law slow, but under the second law slope. And as you can see that in this case, it's also the level where if the market arrives here, it means that the downtrend is confirmed. So because you will have a high or low, a lower high, and at this point in the market reaches this level, you will also have a lower lobe. So it means that the market is turning down from up. Let's see if it will happen. Okay. You didn't really touch it? No. Not yet. I hope you can see it there. Just a little bit of space. Let's see if it will happen soon or it'll be turned back up. And as you know, the operand will continue only if the price, the brain debt level. Yeah, hi, Let's see if it will happen. Now. Vicious GitHub. So we just got us from the trait here because the price just touched ours topless. So let's see what would have been our profit. So we have entered here, yeah, let's say that you have entered that at point D there. And until here, goods have been a 26.37%. Okay? And as you can see, and you can understand that it's nothing special, nothing difficult. You can manage the trade readout trend line. You can manage the trade. Just Vidar TV strategy N3. And just by positioning your scope LOS and the right position, leaving a little bit of space always between your stop-loss and the bar. It's enough to leave like four or five pips. And also you have to position your stop-loss, not add the last flow, but in the second loss loop. Okay? So let's see if the market is really turning down. You have a lower high, again, high, a lower high, and a low or high again. Let's see if we bring that level or the markets will go down. Let me see if it's going down. Up, retesting, retesting and is going down by us. Okay, So the market's was good to us again. And they just turn the cup. But you can see that from here where we got out here until this point, very turned back up. There is like 1.5 here because everybody's have week 1.5 year. So it was a good idea to get out here without 2006, was it? Yeah, 26 percent of profit. And you could invest your money somewhere else instead of holding this position. That would have, yeah, eighth roots have going in a loss anyway. Because you'll enter here, right? So as you can see, you would have thought would have been at a loss for a couple of couple of months after this. And that's it for this video, guys. Thank you for your attention and I hope that you can understand that you don't really need the colors. You know, if you know how to recognize you highs and lows, and you know that already from their previous modules. And it's enough if you know how to utilize your TV strategy or so that you should know it by now. And you just have to use your score plus on the right way, okay, there is nothing difficult, I think complicated, you just have to practice. And also with this monocular coding, your eyes, we have to get used to it. Okay, but also That is only question of practicing. Nothing else. Okay. So thanks once again. Have a nice day. Bye. 8. Short video about Trend Variation Strategy: One thing that people do that no. So again, just as opposed to just discuss what somebody needs to be testosterone, because not just as we just discussed. They wanted to do that. 9. Another example of Trend Variation Strategy: Exactly. Test test, test, test, test. Test, test test test test test test test test, test test, test test. Welcome back. Test test. Test test performed. Only. Need to complete this test. Statistic for the ecosystem. 10. You have finished the second class. Congratulations: All righty, The second class ends here. I hope that you had fun and I really hope that you will find value in the second class. If you did, then please go on and continue with learning about day trading strategies. That third and final class is just on the right or on the left. I don't know. You will find it. See you.