 Hi guys. Good evening po. Ayun. Medyo. Ayun marami na tayo. Good evening po sa inyong lahat. Ayun. Miss Danielle. Ang ganda nang name niya. Danielle. Ayun. Si Sir Dennis. Sir Danilo. Good evening po sa inyong lahat. Ayun. Si Mom. William. Ayun. Dati ko na nakikita yung mga names nila. Good evening po sa inyong lahat. Welcome natin ang month of June. Ayun. With a smile and a grateful heart. Ayun. Sabe nga sa kanda ni Don Mowen. Parang si Sir Jason. Ayun. Si Sir Jason nanda na pala. Ayun. So guys again, good evening po sa inyong lahat. So tonight we will have our live training. Actually live natin yung ipanuno orin or iwitness ang non-farm payroll. Excited na ba kayo guys? Hi Sir Derek. Excited na ba kayo guys? Just to give you an idea. What do you call this? Non-farm payroll is one of the big events ng US market kung buksaan ng mga traders ay nagaabang if it's good or bad for US. So iwitness natin yung tonight. And excited ako kasi at least makikita nyo how volatile the market is during non-farm payroll. So kung kayo ay may mga demo accounts. Good evening Sir Jason. Ayun. Kung kayo po ay may trading accounts, i-open nyo na at i-watch nyo po. Kung kinakabahan po kayo, stay away from the market during non-farm payroll. Especially if you are trading US currency pairs. Para po tayo yung baka igos. It's either sabi ng non-farm payroll can make you or break you. So we're just giving you not a warning per se but at least an advice or recommendation. So how's it going Sir Jason? Ang iyung bakong pasok na araw ng... Hindi pala bakong pasok sa June 3 na ngayon. At least month of June. How's it going Sir Jay? Toxic. Okay lang ma'am. Okay that's good. Actually hindi ko alam kumahina yung signal ko o kay Sir Jason. Ako sa aking. Ako sa aking kasi okay naman so far. Ayun. Tapos ayun si Miss Joyce po ito nakakita ko na ito. Ayun dito. Ayun Miss Joyce kabiyaw ko. Matagal na siya naglaga atin. Guys, say na po ang first timer. Ayun. Naki kontin na tanong. I mean na motivate po kami. Ayun. Si Miss Lovejoy Lugay. Ayun. Ang ganda naman ang game niya. Lovejoy. Ang pangalan niya. Si Miss Daniel kanina na toa ako. So ayun. Si Miss Anne of Christine. First time din niya. So guys, maraming naging nagpo first time do na toa ako kasi nga. Ibig sabihin, pero talagang interesado at gusto ng matuto ng forex trading. So for us na atin na nang ilang beses at naka-experience na na mag-trade. Please, please and please share this opportunity. Wala po mawa-wala sa inyo. In fact, makakatulong po kayo doon sa ating mga i-invite. Giving them at least a learning and an extra income of course if they profit. And of course, hindi naman namin kayo ahayaan na tumalun sa market. Ang hindi po kayo equip ng knowledge ninyo sa pag-akan ng orpang to-trade natin. Pero again, sabihin nating sa mga nakakaraang training, yung training psychology natin. Wala po makakakontrol ng inyoog emotions. Ang pag-iging greedy, ayun, iwasan po natin. Anang po natin na yan ang pinakakalaban ng mga traders. Anapoy ang reminder doon sa mga natututo na mag-trade na naka-open ng trade at pag-demo account. Guys, demo account, I mean treat demo account as your live account. Para at least, ano naman, barang naman inyo. Guys, huwag naman kayo ang bagawan ng type account na $100,000. Make it realistic. Yung alam yung kayan yung mag-fund ng ganun amount. Huwag naman $100,000. Make it $1,000. As your demo account. Tapos, i-practice nyo po siya. Base doon sa ating, may group chat po kasi tayo nung doon sa mga hindi ba po members. Mayroon po tayong group chat ang bibigay po ang ating coach or ang ating mentor. Si Sir Chris ng mga bias na sinasabi nya o recommendations were in. Pwede nyo po nga apply sa personal training account inyo o sa live or demo. As long as, of course, alam po natin yung risk management natin. And of course, alam din natin yung risk disclosure that your losses might increase the amount of your deposit. So just make sure, guys, before you jump in the market, you are ready emotionally and of course, financially ready. Remember, sabi naging po natin pireksas sinasabi at pinag-usapan. Do not trade the money that you cannot afford to lose. Or if you want to win this much, remember learn how to lose this much as well or that much as well. Hindi naman namin sinasabi ang matatalo kayo. But again, ang lesson learned dito, kung ano yung gusto mo mating, yung din yung possible mo na malo, matalo. So just a reminder for you guys, ayaw namin na ma-filling nyo o ma-burned out kayo or ma-tawag dito, magkaroon kayo ng samanan loob or masabi nyo na scum ang forex trading. It's never been a scam, guys. Ang scam lang po yan, naging scam lang po yan. Hi, ma-miles, good evening. Maging scam lang po yan kapag, of course, yung tao na gumawa sa forex trading ng scam. Kagamitin din ang forex, just to invite people and invest money sa kanilang mismo on their own account or on their own name. Tapos, binigyan na lang kayo ng fixed profit. So it depends po yan kung gano ka laki yung profit ay binipigay sa inyo. To good to be true, guys, as long as it's higher than bank interest, salut ako din. 2%, 3%, 5% maximum or at least attainable. Dun sa ating GC, magkanong na-earned his records on his account, actually it's more than 5% ang imidrona niya sa account niya in one month's trading, akong exactong one month to date, June 3. May 3 siya tumalun sa market, but he registered May 1st. So I know, guys, that you can do that as well. In fact, kung wala siyang pending trades here earn more than 10%. That's 585 as far as I remember. So yun po yung gusto kung pang sabihin sa inyo. Anything is possible, basta kayo po ayun na baaral at paturuling po kayong makikinig doon sa mga sinasabi natin, kasi minsan sobrang excitement natin. Trigger happy tayo. I experienced that, guys. Lang doon nagdahan tayo lahat siya. So naiintindiya namin po ano po yung nararap daman sa sobrang excitement yung. Anyway, guys, tawag dito. Ayung ko naman na masyado tayong babihin. Pero kasi tayong NDP sabi kongan. Meron bang, sigat, tanami ko nga muna. Matagal ko nang di natatanong ko, Sir Jay. Siyino po ang pinakamalapit? Manila area, NCR. Ayun, Mr. Lovejoy nag-message ko na. Siya ba yun? O naging niya natanggal yung kanina? Ayun. Sanbom, NCR. NCR lang. Manila area. Malang manila area dito. Anong lahat siya naman nalayo. Ay, si Mamma Miles ka pa lang. Si MaSmiles ay talaga nang ditan natin yan napakagantang patak yan. Si Sir Cheresky. Cheresky Dista ayun. Si Sir Cheresky, matagal ko na nakitita. Nag-aibika ba or introduce our broker? Mag-aibika na. Makapuili kaming pumunta sa inyo. Pwede na po tayong mag-road show ayun. Mag-aibis para makapag-semi na, ah wow, ang tagabukid nun. Bukid nun is in Mindanao. Okay, I was there once. Justine is from Leyte. That's my mom's native land. Province ang aking mother. Leyte, ang mga waray. Ang babunito kong bagain sa Leyte, is yung poron. Moron ba? Masarap yun. Ayun si Sir Dennis. Sir Jay. Laguna. Because he's from Laguna. He might be near sa place na i-internent natin or paggada usan natin ng training and greet with the clients, actually. Pwede na po tayong. Kahit hindi po ito road show or kahit po meet and greet lang just like what we did with the traders fair, we can do that. Just let us know kung saan po kayo yung location inyo. Pwede po tayong mag meet and greet ay yan. Dumagete. I really want to go there, Sir Derek. Honestly. I really do. And reach out. Barami po pa siyang nag trade na dyan sa Dumagete from different brokers. And when I was in other company and marami po ang nasunog dahil hindi na toruan ng tama dyan sa Dumagete. But I really like the market kasi aggressive sila e. Kasi mga kabataan yung manang ang mga nag spearhead pero hindi talaga sila nag-guide ng makayos. Bakit? Kasi ang gilagay nilang sinasabi hikita kayo, malaki ang profit yung more than banks of course it's possible. But yung too much promises and they were not taught well ang tama. Yung talaga yung importante doon. Yung na pinakaya dapat natin isipin ay yan. Hello Chris. Good evening Chris. He's not ready yet, I guess. Alright, just take your time Chris. Yan, Dumagete. So far Bukit Nondav mayroon parang sabi ng dabao? Wala no? Bukit Nond lang no? Wala, so far. CDO. Ayyan, CDO. Okay lang. Kasi ayyan pampanga sir John. Medyo. Ayyan Isabela. Isabela. Ayyan sir Roger. Sir Roger. I just want to ask you sir Roger dito saanon. Saan po sa Isabela kayo sa province, sa Isabela? Jonathan ayyan. Ang sir John and sir Jonathan pampanga sila. So it's possible na pwede tayo mabit ng grit yan sa pampanga. Ayyan from Dabao City. Sir Eduardo. Sir Eduardo, matagal ka nang pwede trade ng Forex o bago palang po. Ayyan. Lamin nang bakit ako nagtanong nang from Dabao kasi Alisha. Ah, okay. Alisha, alisha, alisha. Okay, doon sa pinunta. Karating talin po ako dyan. The reason why kasi nga po nagtutako sa Santiago ng halos one year po ako tumira sa Santiago. That's why I'm asking. Kasi may mga friends po ako dyan sa Isabela. Dito naman sa Dabao City sir Eduardo. That's why I'm asking. Kasi meron po akong IB nakakusap at gusto niya mag-done show. So posibly po na mapunda tayo sa Dabao kayo ay mga kamayan at mga musta ayyan sa Dabao. Mas maganda po mas marami akong pahilala at na pwede natin kimiit kasi mag-help po tayo na kisang meat and greet natin tan sa Dabao. Ang kaling yan lang Dabao de Oro Dabao Darl Sur Dabao del Norte Dabao ano pa ba yung sa apat ya tayo na lima? Dabao de Oro. Dabao de Oro. Dabao de Oro. Dabao de Oro. Nagtagyan. Kasi alam ko lima yan. So isang IB ang kausap ko nang gusto niya ma-reach yung lahat na halas minda now area. Then CDO I went there too as well sa Jensen ayyan, nakapunta na tayo. Guys, kaya akong nang tatano kasi we really want to meet you. Not just online kasi also naman na ang face-to-face po hindi na tayo uret mag-meat and greet. So at least maram daman that we are reaching out guys. We are reaching out to you para makita no pusantya ko Madam 30 minutes travel. Yes, nakamotor pa lang na tayo. Nakakawad siya pag nag-gagala sa Satsago. Niyan. How about CDO? When? Mag-good evening. Sir Emanuel, up to you. Usap kayo ni Sir Jay. Kung kailan tayo pwede and if you are an IB we could do a drop show in CDO. Malapit na yan sa, dito alam eh pa, basami nang alam ko baka kalapit na yan. Madali nang mag-sumakain ng bus. That's one thing yun. I-add mo nalang siya kung nag-ID para at least nating. Guys kung bakit kung ginagawa ito kasi marami nang-broker na nagpapamiting no. Marami rin po gusto mag-reach out sa mga companies. Gusto nila kasi makita yung legitimacy and how how tawag dito yung customer service nila kung baka yung support mismo ng company. Though wala po tayong office here in the Philippines but at least we tried our best to reach you out para ma-address po yung concerns natin. Okay. So guys bago po tayong mag-simula ang dito yung parati kung sinasabi that we always start with a prayer especially dun sa mga bagon. We always start with a prayer and this webinar with a prayer. So it's 08 p.m. na and if we would be 8.30, right? Tama ba, sir Jay? 8.30, right, sir Chris? 8.30. Oh, yeah. So at least we could start na and sir Chris might have some advice or recommendations before an FB. At least we could be ready. Okay. So, sir Jay, can we start with a prayer na? Thank you ma'am. Let's bow our heads. Let's close our eyes. Let us pray para god. Thank you Lord for another opportunity. Pre-privillage Lord to have this kind of webinar during night non-perform payroll, Lord. Guide us, give us the knowledge and wisdom what to do during these times of high impact news in the market. Teach us, Lord. Use sir Chris Thomas to teach us, guide us and let us know what to do. Nga pa-alert ang Holy Spirit mo ang maturo sa amen, mga bag sa amen and everything that is for your glory. In Jesus' name all we pray amen. Amen. Thank you very much for that wonderful prayer, sir Jay. Ayan, guys. Again, good evening sa inyong lahat and please, please, please invite your friends, your family and relatives to join us tonight for them to witness the real market or the real volatility ng US market because of the non-farm payroll. Dun po sa mga bago palang, again we welcome you guys to this is a free webinar. No, this is a free webinar just to give you an idea and we also give you the recordings of these webinars. Ayan, with the requirement lang po na magkaroon tayo lang sa verified account with Tick Meal. Wala kayong babayaran, guys, okay? We just want you to be part of Tick Meal or a verified client ng Tick Meal. Yun lang po ang aming requests. So, guys, before we start, I would like to just view myself. Ako po, si Sally. Ako po, ang country manager ng Tick Meals Philippines. And again, ang Tick Meal po is seven years na na nagkikator sa Philippines. So, kundi po natin alam, no? Or at least magkaroon tayo ng idea and we cater them so far wala na kong problem up. Even though wala po tayong office, at least ang importante po nakakapabidro, nakakapabdeposit po sila ng maayos and nap na address po natin yung concern. If you have concerns, guys, meron po tayong GC. We're in you can communicate with us po. Para lahat po ng concerns ninyo, ma-address po natin as long the fastest po na nakaian ang aming comment, okay? At mas maganda po na at least hands-on kami dun sa mga concerns ninyo. Just want to give you an idea no? If ever na magkasabid kay ng mga documents or requirements, it will take some time paggap for weekends kasi po wala po support natin kasi yung group po yun. Nag-open po sila ng 3pm Manila Time or Philippine Time. Kailangan po maging patient ng po tayo pero on a weekdays automatic yan, within 24 hours meron po pag-agot-sagot yan. Okay? I've been into trading po or forex trading for eight years now and tapagtaanan po po ang paging beginner of course that's why I know where you're coming from dun sa mga bago and I've been po ako introducer broker na gin-signal provider at the same time na fund management na rin po at pain po is country manager so lahat po na exchange we're in na pwede natin pang daanan sa forex trading market of forex trading world na daanan po natin. That's why we are conducting seminars to teach and help people to understand what forex market forex trading is. Okay? And sister Jason naman, sister Jason let you introduce yourself to them. Okay. Good evening. I'm Jason Elbay. Ako po yung account manager so if you have concerns sa mga pag-opinang account pag-deposit pag-draw welcome account et cetera et cetera galing po sa tick mail ako po yung e-message nyo ano po so as as fast as I can mag-replay naman po ako sa yung I've been in the industry for forex mga careers na galing po ako sa insurance industry yun most mga past 10 years. So welcome po makakaosap tayo tatawagong ko po kayo pag mag-lagling yung phone nyo at ang number po ay London or UK ako po yun sa tick mail. Sagotin nyo po. Thank you. Sa po yung mangungulid sa inyo mangungulid sa dahil pa-dipong pulang yung documents or merong pungtamang requirements or of course mag-invite lang po na ating webinar or mabibigay so please po baka sa God minsan po ako rin yung tumatawag especially sa mga IBS ayan so tumatawadit po ako yung sing London ng protein po ok so ok guys siguro we only have almost 15 minutes to start the NFP so without further I would like to introduce to you our coach for tonight or our speaker for tonight he is he was a retired banker or regional bank manager from standard charter bank and he was also a corporate investment banker from BNP Pariba he's been on this industry for 24 years now and up to now he's been trading his own account we'll take mail thank you very much and again he's the one who's going to teach us how to do the NFP and watch it and trade accordingly during NFP so without further I would like to introduce to you our speaker for tonight Mr. Christopher Thomas Good evening and good evening everybody thank you for attending today's topic is basically how to trade news events ok not particularly non-farm but we are lucky that our webinar date is falling on one of the dates which happens to be the single largest market moving news after the interest rate news you know interest rate news is basically central banks guide the interest rates of the country of the currency and then the second biggest metric to judge an economy is the number of joblessness hire the joblessness means hire and the number of unemployed people means lower the metrics of the economy if more people are sort of hired and if the jobless rate is less means that the economy is moving economy is turning in the right direction which is a fundamental reason why currency pairs prices go up or down against each other so for example if the Philippines economy is stronger in terms of growth its currency will become stronger ok whether we the the US if you remember not too long ago the peso was trading at 47 it was strong but now the peso is trading at 52 plus 52 pesos plus means it's become weak means you need more pesos to buy the same $1 now then before you need 52 pesos to buy $1 and you need now before you needed 47 pesos or 46 pesos to buy $1 so this happens when comparatively the Philippines economy is not growing as much as it should be compared to the US economy or it can be any other country it could be Malaysia it could be Singapore it could be Thailand that's how it works but the you cannot change Malaysian ringgit directly into Philippine pesos it's got to be Philippines peso converted into US dollars which will then be converted into Malaysian ringgit ok or suppose you want to buy Saudi real or you want to go to Hong Kong to buy to Hong Kong Disneyland you will need to convert your Philippine dollars Philippine pesos into US dollars and then convert it into Hong Kong dollars when you go to the currency exchange he is he or she is doing the same thing it's just that they will court you a rate that PHP Malaysian ringgit is this much because they've already done the calculation at the back end ok so having said that the non farm payroll is practice like I said is the most important report of the day and if you look I will just share a screen with you now Sally could you please enable my screen sharing ok ok now this is basically the let's make it into 30 minutes so that you can see the full day's activity now this is today is June 3 now this is the activity of today so if you see till now the market has traded in a tight range of 36 pips you can see 36 pips all day long 36 pips this is because the market is in an uncertain mode if the non farm payroll comes out great or better than expected then the price you can expect the price to shoot up for example let's draw a line so that you can watch it this is the upper band and so far this is the lower band ok so from the upper band to the lower band the market has been trading 37 pips ok and if you just look yesterday's price action ok this is the activity for yesterday and yesterday the market from is high to it's low was trading in a 158 pips which is a lot that's why I'm giving the example of GBPUSD because it's very high beta ok so it traded 158 points but all day today only 37 points pips here ok sorry sorry I'm taking the wrong from here sorry my mistake 117 pips yesterday this line and this line represents yesterday's activity now let's get on to today's activity if the market if the news comes out better than expected you can expect the price to go down because that is good for the dollar means dollar will get stronger and GBP will become weaker if the news is bad you can expect this blue line upper blue line to be broken let's change the color of this line upper blue line and lower yellow line ok so as we go on to the 830 now the best place where you can look for the news and you will get it instantly is i use fxtreet.com ok on this you will see that it says in 9 minutes you will have all these reports in 9 minutes you have the most important report which is the red report non farm payroll yes obviously at 1400 you will get the ISM which is also important and then obviously the US president is going to speak he's going to speak about the economy and obviously whatever the president says has a lot of bearing on the markets for those of you who are attending for the first time please understand technicals do not matter technicals assist you in trading technicals do not cause the price to move ok so paying attention to the news as traders is very very important even people who are very very technically savvy with all the technical indicators they use this metric if you trade in isolation you are running a huge risk you have to pay attention at least to the medium and the high risk news events and today you can see we have 3 high risk events and 1 2 3 4 5 6 7 8 9 10 10 medium risk events all these contribute to the the strength or the weakness of the currency ok so having said that I would like to sort of invite your questions if you have any so that we can have a Q&A as we go along further in this session so feel free if you have any questions and then we'll go back to the non-form payroll in the next 7 minutes you can type your questions in the chat or you can raise your hands and ma'am Sally will open your audio how many of you are first timers here welcome Derek do you have any previous experience manual, judy, galaxy Derek any previous experience about trading ok so Derek what kind of a trader are you you have experience before are you a scalper are you a fundamental trader or a technical trader scalping ok how scalping going for you because scalping is something that requires a lot of patience and it requires you to be full time our trading technique is technique not system technique is basically for people who have part time job or who want to make it a full time job so for scalping you have to be on your screen all the time so that's something that we don't really promote because all of you must be having daytime jobs i guess and want to take money on trading as a means to make extra income so if my understanding is incorrect kindly correct me Eduardo all currencies irrespective of whether being a dollar based currency or not will get affected like i just explained if you want to convert militian philippines peso or vice versa it will be first converted against the dollar so for example if the dollar becomes stronger against php it does not necessarily mean it will become stronger against the militian ring it ok but that would make militian ring it more expensive to buy in pesos so it basically covers all currency pairs mersilin thank you that's basically the mix that we have in in our group not many full time traders it's people who are looking to supplement their income any more questions guys please we have 3 minutes before nft so kung meron po kaya panitayip nang po sa chat box may coach but answering or maybe they are excited for the nft chris that's why they are not asking questions ok ok then now we will just share the screen we'll go here share now let's wait for the news as and when the news comes you will see movement see it's still stuck in that range if i make it bigger it's touched this line then it's gone up it touched that up blue line and just trading in the middle now as the news comes you may see a break but we are not going to trade this we are not going to say we will put a sell stop here or a buy stop here for the first 10 minutes we are not going to do that the reason is because the volatility of the price might hit or you sell stop and stop and change directions so that is the wrong way to trade the non power payroll we will buy at this level if the news is bad but we will buy after 10 minutes so that the noise and the knee jerk reaction in the market has faded now I will change the chart to 5 minutes so you can get a better understanding of what the price action is likely to be so when this candlestick changes means the news has been released so let's go to the news 1 minute left the expectation is that the jobs created will be 325,000 jobs a number better than 325 dollar will basically become stronger and the unemployment rate to reduce to 3.5% from 3.6% if the unemployment number that comes at 3.5 even at 3.5 or 3.4% better it will be much much better now there very steady let's go good number, bad number even number oh very good 390k against expectation of 325k but unemployment rate has increased from 3.5% it has gone to 3.6% now let's see the price action knee jerk it broke the yellow line what's the price action so bad news ok news very good news bad news bad news so it's a mixed bag this was the reaction to the unemployment number the 6,390,000 jobs and this going trying to go up is the reaction to the unemployment rate unemployment rate is 3.5% but actually means unemployment in the US has risen by 0.01% ok now that in a population of 350 million plus people is a lot 350 million people 10% is 35 so 1% is 3.5 million so we are talking about a good 35,000 jobs not being participated in ok so there's a mixed bag ok that is why we do not trade for the first this bar and the next bar the bar coming after this we will not trade we will observe and watch so while the price is doing its action feel free to ask any questions that you may have and then for today I will share with you a very simple way to trade no the reason Eduardo I'm putting it on load time frame is much more easier to spot the volatility because you are not watching it on your screens you are watching it on your laptops or your mobile phones because if I make it into a 30 minute chart the impact gets lost like this this is a 30 minute but like I said we will not trade for 10 minutes so that is why we don't have a 10 minute time frame so I'm putting it on to the 5 minute time frame manual the indicators that I use are not really indicators I use the moving averages I use the Fibonacci retracement tool I use trend lines and I use support and resistance sometimes I use the RSI like I said my experience has taught me that you trade the news you do not trade the indicators if you become hope to indicators understand indicators basically is a mathematical formula okay it does not calculate the impact of the global news events for example let me tell you the Russian war started on the 25th of February okay let's put it on the daily time frame this is the daily time frame now let's go back to February 25th 24th to 25th 24th of I think yeah somewhere around this time the the Russian invasion took place now let's put in the moving average okay till that day price was moving above the moving average along comes Russia knocks turkey out and then the price moved below the 50 moving average now no indicator would have crossed over so soon there would be no indicator that could have caught this on time and then from that day till today the price has never looked back let's say price has seen 1,283 pips fall in the GBP but if we had known about if we were reading the news every day and saw that Russia had attacked we would have immediately become bearish because whenever there is a crisis dollar is the safety haven so means we will deal in dollar strength so this is basically just a very quick example of showing you there as of right now 19 pips it's fallen 19 pips already now it's not because of the employment rate which came in short of expectation because of this rate this number is very good because the market was expecting 325 it's come up at 90 that's a beat by almost 70,000 325 70,000 which is a very healthy percentage 33% basically deviance so but the problem is this number this number if it had been even 3.5 but it has increased from 3.5 to 3.6 that is what the market is disappointed about okay and then you can see now because of this we will look at the next candle we will look for an entry of cell anywhere here can you see the crosshair at this level so I hope it's clear upon you why news matters why it is important let me amend this to 20 SMA effectively the 20 simple moving average moving average 20 means the 20 day period moving average is now basically forming your resistance and all this while it was forming the effective sport line okay so and then you can basically also add do it if you can change the time frame depending what time frames do you normally trade on I know the scalpers will trade on the 1 minute and 5 minute charts and those of you who are just joining trading obviously you do not have your own preference but I personally prefer the 4R chart the 4R chart gives me a much more clearer picture of the price action let me remove the period session breaks here going back to the 5 minute and you can see the magnitude of the fall so the market for now is ignoring this number and it's concentrated on this number now I will tell you the reason why this is important for the market if employment is high if the employment rate of employment is going up means that the Fed when I say the Fed it means the central bank of the United States the Fed is likely to be more aggressive in its interest rate hike now why does interest rate hike matter it's very simple if a currency is paying more interest on deposits people are likely to put the currency their money in that currency it's simple you have a million pesos okay for example I will give you a simple example you have two banks PDO and BPO if video is offering 3% per annum interest and BPO is offering 3.5% and BDO is offering 3% because both banks are both same stable where will you put your money I'm sure your answer is where this 3.5% so now think globally you have money you can invest in pounds you can invest in dollars if you are going to give you a higher interest rate you are going to invest your money in that currency so this is why interest rates are very important what makes non-farm payroll more an important tool towards that end is if the economy is growing the Fed will not mind raising the rates because the economy is growing but if the economy is not growing that will cause the economy to even suffer even more because that will bring on recession okay when an economy is growing there is inflation to fight inflation you raise interest rates but if the economy is not growing and you have inflation and you still raise interest rates you have a very very severe effect on the recession and that's called stagflation but for now understand interest rate decisions the determinant of interest rate decision comes from the health of the economy the PMI numbers, the manufacturing sector the job but the job numbers are the most important if you just look at the unemployment rate means it's like if a company is doing well they will hire people if the company is not doing well they will not hire people so US think of the US economy as a company if it's doing well it's hiring more people if it's not doing well it's not going to hire more people simple as that so now once you see this price action then you move on to the higher time frames okay you go to the 4R now day before yesterday there was an economic news like I was telling some of you who are part of the group chat that I don't really believe the ADP numbers and I was right, the ADP numbers said that jobs were not created but clearly jobs were created and now our support is at this number now there are two ways to that I would play this I would either sell stop below this number okay I would put a sell stop below this number or I would wait for it to retrace and then buy then sell again so if you do not want to cash this falling knife because the price might go back you sell at this your entry would be sell stop below the line okay sell limit below this blue line and with a buy stop if the price crosses over this line you have a buy stop and your take profit target would be here you will put your take profit target this would be your take profit target and if your sell stop is hit on to be on the safer side your take profit target would be here you see this cluster this would be your take profit as simple as that if your sell stop is not hit and the market is going up okay your sell limit will be hit but if the sell limit is hit and the market is still going up your buy stop will be hit and this is basically the long term recent cap the resistance so any move of the price beyond this would not be and since you will be taking the profit anyway so you are out of the trade and you would make about hit here you would make about 60 70 pips on this so you are safe so you will be in the transaction and out of the transaction at the same time or you would be hedged okay so this is how I would create it okay okay very good question if genia I do not work with the sell stop sorry in a ranging market market is ranging yes gvp usd is in a large overall trend but the trend will continue or the trend will reverse on the larger time frames now when we are trading on the 4 hour 1 hour charts and we are keeping in mind the fundamental news and if we do not see any reason for a trend change we will not put a stop loss we will not put a stop loss yeah we will replace if we have a sell we will replace it with a buy stop okay and if we have a buy we will replace it we will stop it out with a sell stop because the market will at ranging market will give us profit on both transactions all we need is to trade with proper risk management and have patience in a ranging market the market will always come up and down go up and down so that is why I do not believe because once you put a stop loss means you have not you have taken the loss okay but if you have traded with say a margin of 2,000% the chances are that you will come back into profitability are higher if you have not taken more than 1% risk okay at worst what can happen is at worst yes if you are getting too impatient you can stop out because you have already sort of limited your losses but you have limited your losses by putting a stop or a sell stop and you are giving your chance to profit from both which I think is a better way to look at things than to just liquidate the transaction I hope you understand my logic Evgenia now let me give you a hypothetical this is a hypothetical example of hedging okay now we are on the 4R chart okay try to get it so you buy by market price it can be anything it's up to you entry into the market can be either a buy limit or a sell limit and sell stop or a stop loss can be replaced with a sell stop or a buy stop how you get into the market is entirely your if you see an opportunity the market is falling and you know it's a rising market okay but instead of putting a stop loss you put in a sell stop if you're buying and vice versa you can put a buy stop if you're selling it's like a hedging trade but again the point that you need to understand is it has to be a ranging market do not try hedging in a trending market okay now how do you identify a range go to the 1R chart oh sorry daily chart I will remove all the drawings so that we can see it easily for ever so long the price has been ever so long the price has been trading in this range okay now your question would be safest safest capital in this trade and what lot size you're the safest capital is the capital that you can afford to lose manual okay but I always tell my attendees of my group chats and the webinar do not try to use more than 1% equivalent of your trade in the forex market at any given time if the price does not hit the profit line and you're still in profit you take it out you liquid it there's no guarantee that the price will hit that line so if the market is giving you a profit without your sell stop or buy stop being hit take the profit there is no fixed rule so for example what I am trying to this pink line let's make it pink and blue line so that you understand in a ranging market what happens is now suppose I am saying this is daily day 1 day 2 day 3 4 5 so many days so many days means actually almost a month this is when no more than a month 27th April and today is 3rd June 27th April May almost a month more than a month actually there's more than a month and these are from here 37 days how can it be 37 days 27 bars 37 days as per the calculation it says 28 bars so 28 daily bars okay 40 days is because it also includes holidays the weekends okay so 28 bars means 28 days 28 trading days okay now price has remained in the second suppose the price breaks above this is what we call this is the resistance this pink line is the resistance now and the blue line is the support can anyone of you tell me what happens when a resistance is broken or what happens when a support is broken can anybody tell me make another example when resistance is broken comes the support okay so what happened then this is become the new resistance and resistance will always be visited again it's just a matter of time now if you're out of the transaction you cannot do anything okay support stops the price from going down but if the support breaks and the price breaks below the support so for example if the price goes down here okay then this line the support line will become the resistance will become if the price goes for example where's the tool the price goes down from here it goes down goes up again and then it breaks through okay what happens then this becomes the resistance and then this level becomes the support okay and then what will happen then the price is likely to bounce of the support and test the resistance again this is how trade works so it's a fundamental rule of trading okay that if the support is not broken test the resistance and vice versa if it's testing the resistance, the resistance is not broken it will go and test the support and like this line this was the support before but the price broke and then bounced off this level now this has become the support which the former support has now become the resistance so on and so forth so this is why I tell people to hedge okay now for example we are hedging on a daily basis and the price is trading above the 20 day moving average but let's see what is it trading at in terms of 50 day moving average 50 day moving average is the short term trend the price is trading below the 50 day moving average in simple terms if you look at this price action you will see that the 50 day moving average the blue curve line here it's acting like a natural resistance for the price for so many days from here so this so if you do a hedge transaction of buy and sell because the trend of the market is sell we will look to liquidate the buy position first at a profit because a sell position will automatically give us profit in the long run because we are trading with the trend and in forex we say the trend is your friend so it I think most of you have been baptized by people who are great believers in technical indicators so that is why maybe some of you do not trust your own eyes but trust me if you use your eyes and if you learn to read the news use simple moving averages and trust yourself and trade with patience and with risk management trading is very simple it does take work but it is simple any questions so far I am sorry I cannot give you actual trade in life because let's go back to the price action on the 30 minute chart let's get rid of the drawings whenever you want when you want to take a hedge because if you are looking at the classic hedge it means you are buying and selling at the same price and you are looking to liquidate the when you are buying and selling in the market you are taking one trade which is with the trend and then you are taking one trade which is counter trend so for example like we said on a daily basis a buy is counter trend because the trend of the market is sell so if you put a buy in a sell here you will look to liquidate the buy first okay and then you just have patience and the market will give you your reward on the sell problem is why traders lose money is because patience is not very easy okay and sometimes risk management is even more difficult than having patience okay the price might go all the way up but if you have traded with only 100% margin okay then you have lost your money so that's why I say do not at any given time do not trade more than 1% of your equity whether you are trading with the 100 dollars whether you are trading with 1000 or 1 million dollars do not trade more than 1% the market is very unforgiving okay so if you go to my facebook group on the wall the commandments the commandments that every trader must have patience and risk management is essential if you do not have these two things do not trade forex if you are an impatient person and if you do not have discipline do not trade forex it's not meant for you so the price has basically 25-20 but no it will go down again the market is definitely going to go down okay I will stop sharing the screen so if you have any questions please ask me or we will randomly you don't have to ask about non-farm payrolls it's an open forum whatever questions you have please feel free to ask but the point that I was trying to make in today's webinar is the importance of news trading with the news okay hope that is clear so before the price was trading 50-day moving this is the 50-day moving average on the 30-minute chart let's look on the 4-hour chart okay on the 4-hour chart now it's clear the price is now back below the 50-day moving average and then maybe 20-day moving average see the blue line the price is trading below the moving average and the 20-day moving average will probably give us support no now this is very bearish see the 20-day moving average the price was trading above it above here see it had gone up on the 4-hour chart trading above it now it's moved down now the immediate maybe you cannot see I will just make it a bit big see for one two three four candles four 4-hour candles means 16 hours it was trading above the 20-day moving average non-form payroll which was on the high of the candle yes this is the recent candle the price is broken so after the release of the non-form payroll the price has now started trading below the 20-day moving average just to make it so you can see it better I hope this is clear this is now the candle it was opened at 9pm 9pm is basically after the announcement of the moving average okay after the announcement of the non-form payroll sorry okay and now it's trading below the 20-day moving average before that it was trading above the 20-day moving average so now we can look to a sell close to the yellow line with a buy stop above the yellow line okay like that so hope this this is one of the simplest ways of trading any news or any news event or any movement above or below the moving average for example if the price if you were watching the charts and the price closed above the moving average on the next moving average sorry next moving candle I would take a buy with a buy a sell stop below the candle but if you see if you had taken a buy even at the high of this you would have still made a profit but this is a 4-hour candle if we break it down into early candles you would have probably entered somewhere here okay because the price went up all the way but then it went down all the way here also and the fundamental of trading is buy near support buy near support and sell near resistance okay buy near support and sell near resistance means if you bought near the support you liquidate at resistance so basically when you are liquidating a buy you are actually selling that transaction so buy near support sell near resistance or vice versa sell near resistance buy near support I use 20, 50, 100 and 200 simple moving average on any time frame so if for instance the price is trading against below all these four moving averages then that means that's a very very bearish bear so you should only be looking to sell but if the price is trading under the 50 day moving average but trading above the 20 day moving average means you have a strong buy and support in place and then you trade accordingly buy at support sell at resistance or sell at resistance buy at support with buy stop and sell stop above and below because if you have a sold near resistance you put a buy stop above you put a sell stop below okay and then suppose you do not want to hedge then what you can use another tool that we call Fibonacci okay or you can use trend lines trend lines for example let's draw a simple trend line trend line now ironically we've drawn this before the price respected this trend line the trend line is basically going down and it almost touched this trend line and then started going down we know the reason the price is going down because of the non farm payroll but again other people are also looking at trend lines okay so you can use these simple tools no need to really get hooked up into and draw a trend line at the bottom of the chain okay you can expect a probable bounce of this at this level so this level would be 25 so basically now 1.250 is your support and 2571 is your resistance you can play this range with a buy stop above if you're selling here buy stop above here and sell stop below here like that if you're not happy with just the trend lines then you can basically go in for the falling price so we will look for the you look at this point this is called the golden ratio 0.618 this is the golden ratio you can sell when the price comes here okay and then put buy stop if you're selling here at this golden ratio put a sell stop buy stop here so there are many many things that you can use to add confluence to your trading okay now these are very simple you can use the moving average you can use the Fibonacci yes you can use the MACD and the Williams percentage but try not to get addicted to that because a lot of times it will give you false entries okay and will make you sort of dependent on them so again if you take 1% risk on your account means you are giving yourself 9000 to 1% chance of failing basically 99000 to 1% no 99000 to 1% chance of failing because you are going to number 1 you are going to trade only in a trending you are not going to trade in a trending market means if the price is making higher highs and higher lows you are not going to trade in that okay you are going to trade in a ranging market like the dollar has been doing pound dollar has been doing okay if the price breaks above the trend line that we just showed you for the past 28 days that the price was doing then you rethink your strategy okay if you are not clear what I am saying kindly feel free to ask okay thank you but feel free to ask any questions if you need any clarifications that's what our webinars are meant to so that you I will not basically just show you a powerpoint presentation and just say I want interaction with you guys so that you make an effort to understand so it's clear to you okay I will stop sharing for now okay guys you have more questions please put it on our chat box so please excuse me for a minute I will just have water okay guys if you have any questions please chat and for those who would like to request for the webinar link or sorry the recorded video paki message ang pose sir Jay and at the same time paki note na rin po ang mga email addresses sir Jay paki ang link para sa facebook page para po makapag join sila ang sa group chat natin para makapag join din sila sa ating group chat so I hope you guys are learning so far are you may natatunan po ba tayo especially nagsitrade nagsitrade na nagsitrade sa beginners na po na pasukan natin webinar so mga bago pa lang nagsitrade ito po yung webinar natin for advance po talaga that's why kung bagas para sa inyo is might be an overwhelming seminar but I know kung masisimulan po natin ang links naman po tayo sa previous webinars para ninyo po nirrequest so IBM nyo lang si sir Jay sa facebook po para po may add sa gc's natin oh by the way guys in any case you would like to be assisted po sa mga account opening po ninyo katolos nabi ni sir Jay kanina deposit, withdrawal message nyo lang po siya para po at least alam natin na assist po namin so kung may questions pa guys please pakichet lang po para po hindi po tayo nai-iwan sa topic natin okay any more questions may questions I have a question if I place a trade without stop loss in overnight I didn't reach the profit and change direction so just close the trade when still good to use hedging not too late as personal experience ko po no kung nag against the trend po siya kung kaya pa naman ng profit nyo kasi ano naman nyo ang mga eugenia it's ano pa rin paper loss pa lang naman siya as long as ninyo kinokloseong trend so kung kaya naman kinokloseong trade sorry kung kaya naman po ng accounting nyo just hold on the on the existing trade kasi kapag tag hedge pa po kayo kung malayo na po masyado yung price medyo magkakaran ko tayo ng problema doon masyadong malapit po yung pricing Chris could you please give your idea or your thoughts on this I'm not very fluent in the garlic but I heard the trend I've heard the magic word trend so yes I agree with ma'am Sally if your trade is with the trend okay then you can relax and if you put a sell stop on your trade even much better it does not matter if the take profit target has not been hit the market will give you an opportunity okay the market will always give you an opportunity in a trend arranging market to liquidate your buy at a profit and liquidate your sell at a profit the golden rules are trade with the proper risk management and lots and lots of patience her question is what if the trend change direction and she doesn't have any stop overnight it will not change overnight a trend will not change so you can rest unless you are rip and winkel and you are sleeping for 20 years the trend will not change so you can relax okay how about putting a hedge while let's say more than hours ago following that trade let's say buy or just put another sell if it change direction if you are trading see what I taught you is you have to choose your time frames you want to trade 30 minute time frame 1 hour time frame 4 hour time frame or the daily time frame if you are trading with the trend of that time frame and the price is suppose you are buying and you have a resistance at say 50 moving average but it does not trade for 50 moving average then you have a support line at 20 moving average you put a sell stop below the 20 moving average so if your buy position does not liquidate itself you are still hedged maybe you had some family emergency may not attend the trading for 2 days you are safe that your loss is paper loss like ma'am Sally said it's a paper loss because the direction of your trade was with the trend and you will get a chance to liquidate both those price the buy and the sell stop so let's call it buy and sell to trade it within a few days if you were part of the GC I would have shared my own personal account I still have open positions but I am able to withdraw my profits okay so we have a full disclosure I am not going to trade on some dummy account I am trading my own real life money okay Francis you can ask me in the GC you are asking me here because we said ask questions that's why okay sell stop is suppose you have taken a buy it replaces your stop loss for your buy similarly if you have taken a sell position in the market a buy stop replaces the stop loss on your sell position that's it the only beauty of a sell stop in the market okay now for example a lot of times you will see that the price hit your stop loss and then started continuing in the direction of the trend of your trade initial trade but some trigger happy people basically push the price beyond which is called a spike you get stopped out and then what do you do sorry for using that language but that's what you say to yourself so if you put a buy stop or sell stop you are still giving yourself a chance to stay in the and your loss is only a paper loss but once you put a stop loss it becomes a real loss to your P&L real loss to your equity okay so understand that I will try and share with you my wait I will just try and share ma'am Sally can you I will just look at my can you go to the GC ma'am Sally and I shared the hedge positions if you could share that are you going to the current account no not the account before the account I shared or wait I will show you share with me so I can show you in a live demonstration okay let Chris find yung scenario sa GC so at least guys nakita natin kung mga ginagawa at talagang sinasugis niya sa atin actually sabi kung sabi niya it's a recommendation or not or study kung bakit siya nag end up dun sa ganun classy ng bias or recommendations manuel ring corollio nfp is non-farm payroll we're in atin po lahat yung mga jobs na nak-create yan para sa mga blue-collar jobs natin kung marami po ba yung mas na hindi po agricultural na trabaho nang ganun classy ng percentage or numbers sa us iba po yung unemployment rate iba po yun ha yung pagkakarao ng trabaho hindi po agricultural na work sa us yan po yung non-farm payroll meron po makikita yan mga information and details ko online so marami po tayong pwending maging basis makikita ng mga information about non-farm payroll especially economic calendar daily fx3 forex invest in that kung meron din po so marami po tayong information na pwending makuwan na ng non-farm payroll you're welcome poster so Chris were you able to find it hindi po yan hindi po yan na naging gita but anyway we will find siguro guys those who ask po sa question na yun we could share it on facebook page or it might be in facebook page so para po makikita natin kasi ayun naman natin magtake na yun is your facebook page open I could check it I sent you the example okay facebook page no your chat oh wait which chat are you talking about is that the group chat oh no your mine okay wait I didn't receive it yet I don't have it yet I sent you a picture yeah that's the celebration photo for now how about the other one can you send it to a different account yeah you send it to a different account wait I'm going to transfer it okay so I could pull it up wait lang guys I really want you to see okay may I show my screen okay so you could explain it to them share screen there you go screen guys okay okay go ahead okay now if you see I'm hedged on three transactions of GBP-USD buy and sell and I have one transaction of news within can you speak louder okay thank you as you can see I have got three pairs of sorry three transactions of GBP-USD sell okay and I have one open transaction of New Zealand Singapore dollar which I have not hedged the reason I have not hedged the New Zealand Singapore dollar transaction is because I believe that it is basically a knee jerk reaction okay the price is going against the trend now for GBP-USD I had liquidated my earlier buys for a profit then the price came down I re-hedged then this morning I liquidated the one open lot of GBP-USD buy again and then I re-hedged again today so what am I doing I'm accumulating profits and then there is another chart that I shared with my group where I showed that I made my stated profit the profit that we had decided in the group we had made that profit and I withdrew my profit from the account and the account is now back to the original size and obviously I have taken my profits and I put it back into my account my skrill account not my trading account so this is how you do it you do it slowly do not be greedy in what you in terms of returns if you are looking for 10-15% aggressive returns you are 10 times more likely to make mistakes because you will be you will be driven by the fact that you need to make money if you do that then you are going to overexpose your account you are going to take trades that do not really make sense okay and you will try to be aggressive and if you are aggressive means you will make mistakes and when you make mistakes, your account suffers so what I am saying is I use this myself I use the hedging technique myself and I profit from it but I am not like trading every day I am trading when the market gives me when the market gives me an opportunity okay Sally you can unshare the screen I am quite sure people okay okay please explain capital does not matter admin it could be $5,000 it could be $10,000 what matters is 1% at a time because $1,000 is going to be will still give you 5% so 1% of $10,000 is going to give me 5% or $5,000 so it depends on how much money you can the more money the more capital you have the higher the 5% the 5% of $10,000 is how much $500 and 5% of $5,000 is $250 so it's up to you how much you want to earn but keep your limited expectation to about 5% to 7% the market may give you more but you do not make it your motto to try and make it more that's all I'm trying to say clear thank you Paul for attending okay any more questions guys we don't want to hold you no longer because Friday po ngayon weekend and a family day so if you don't have any questions guys or if you still have more questions kapag naka-join na po kayo ng GC ask po sa GC natin and at the same time have po tayong Facebook page Chris is answering comments sa Facebook page is that simply trading by Chris is that the right one simple trading so if you have any questions just ask po or make a comment sa kanya mga pinapos na mga videos yes 50% to 60% Chris you answer so that is too aggressive if that's what you're going to look at it's too high I'm not saying it cannot be done it cannot be done consistently month on month and if you're going to go for that kind of growth that kind of growth even banks do not achieve so I don't think you have the resources or the manpower to give you that kind of growth that's too aggressive alright thank you very much for that Chris so maybe we can call this a night and guys again please do check our Facebook page Tick Bill Philippines like and share and simple trade by Chris T pag-join po kayo sa ating group chat and Sir J para sa ating Facebook account so again guys thank you so much and we really hope that you learn from tonight's webinar and before we close this webinar may I request everyone to join me for a short prayer thank you for this wonderful night thank you for the wisdom thank you for the knowledge and all the learnings that we got from tonight's webinar Lord we hope that we could share this opportunity to everyone and at least help us Lord to have one foreign trader per household Lord and at the same time Lord we ask for your guidance and your protection when it's coming weekend and our attendees to enjoy their family all the praises and glory in Jesus' name we pray amen thank you very much guys for attending and for joining us tonight and if you have more queries just PM Sir Jason he's just a chat away siya po ang ating takapag sagot sa mga tanomen so again available na po ang ating videos for last two webinars so in case you would like to ask for the copy just PM Sir Jason and just leave your e-mails oh by the way guys this would be the second to the last next week po Friday, January ah sorry onlayo na narating ko June 10 June 10 na po yung last natin so lahat po na umaten ka yun na naka-completo na aning webinars makakakaron po tayo ng e-certificate that we will send sa inyong e-mail addresses please please please use your full name or your real name kasi yun po ang inayalabi namin sa certificate ko ano po yung lumabas na sa zoom natin napangala din yung upon registration so if I may request lahat po saan na nang mag-join ng webinar should at least use their complete name or their real name so again guys thank you very much for joining us have a nice weekend and God bless also okay happy weekend guys yes you're welcome po one more thing guys please ano naman comment naman po kayo sa trust pilot if you're happy with free seminars or free webinars that we're giving you please comment po or you can also leave your suggestions and comments here in chat box kung natutuwa po kayo sa ating webinar at tatutu po kayo para we could continue po yung ating webinars alright again thank you very much sir Francis, thank you naman sir Francis ayan okay so guys you know the drill hindi po kami naku-close na zoom na zoom natin we let you go out sa zoom natin bago po namin we close ayan, iwan yun po yung email addresses yun para we could send you the links para po sa ating recorded videos you're welcome sir Alexander thank you so much thank you for attending because i know bago siya i hope to see you all guys next friday that would be our last webinar for batch 7 and we normally do an interview if what they've learned for the whole webinar sessions and what they could suggest for us to improve our services or our webinars guys okay so again guys thank you so much god bless everyone very much helpful sir Rico thank you so much sir Rico Alan is Devan, oi sir Alan how's it going? long time no see pala ngayon po lang nangkita alas is sir Alan ayan guys we will have the account contest very soon it will be announced so watch out for that so mamigay din ako ng free sir Jason pa kincalculate nang kung siyo yung yung mga nag-participate during my webinar sa nagnibigay ako ng questions sa sumasakot at may mga points pa tingga pala si sir Ryan pa alalang ko sa akin pa alalang natin yun nang tick mill freebies guys doon sa mga gusto mag-id yan of course alam nang yun nang sila sa kabi ko doon sa mga maruno mag-grade mga gusto na mag-id please message us may sendaana, madali nang mga pungan ayan you're welcome sir i-mum-tell Lenny ayan para po makapag-grade tayo kung nasan pad kayo yun mga yung buhame siyang ay sir Henry ayan takakatawa kasi nakilala ko na sila by name na nare-recall ko na kasi nakakita ko parati yung mga panghala nakailang certificate ako ay sir Henry ay sir Al nakailang certificate na rin ok so mga ilang nalang tayo sir Jay siguro pwede na ok so guys again thank you very much for joining us thank you everyone, thank you sir Chris sir Chris, don't forget your screen I'm going to have it bye bye