 Hello hello How is everybody doing today? Hope the volume is good and you can hear For any of y'all that just joined if you guys could do me a favor and let me know if you can see everything How's the volume if you can hear me and everything? I'd appreciate the feedback. Thank you So we're looking at first-years. We're looking at the S&P 500 micro just looking at some of the Aspects when we look at it on a larger time frame now. I can see here back from 2020 January, but it's kind of look more locally here kind of want to see what's been happening on the weekly So we had a nice low-range retest swing of highs. We held lows then achieved Believe if we look here. Yes. I think we did just barely achieve here So the high was four seven four three four seven forty up. We had a nice deeper retest So this is the area I kind of want to look at here So we want to look at the lowest point here. I like to always invert as well so we can kind of see So this is the lowest point here Technically, this was like the really the lowest point right here So kind of just like ranging out like we're looking at price action here Because what we're really looking at is we're looking at the low that created the high So now once that was achieved then you can see that we retested it Support now turned resistance and then popped off right So now what we want to do is just looking at this very briefly Let's go ahead and look at the secondary retest and as you can see on the secondary retest We tested it and this time we even tried to come up to the point of failure Did not so now what we want to do is we want to look where we're at now So it did look like it held it. I still think we could potentially come down a bit lower This is a pretty nice test here. So let's go ahead and come down to the lower time frames All right, so we can see on the London Open today They did some buying London clothes taking profits See what type of move they got about a one percenter 62 swing test. All right, so we held the swing test pretty nicely here As a support, which is nice. You don't want to see that loss Because like from this origin off the achievement. We had a nice little swing test here as well So this is a very key resistance line that's now turned support Hey, can somebody type something in the chat because I'm not seeing The chat right now So, I mean if somebody's typing can somebody just say one thing just to make sure if I'm seeing it correctly. I'd appreciate it Awesome. Thank you, Bill that I see that awesome. Appreciate it. All right. So now that we've identified this as the You know key resistance point and you can see that we had a nice little pop off So from this range, you can see that we had a nice little high range retest on like the Let's see even on the four hour. Okay on the four hour. It doesn't look as clean. Let's see on the hourly here So we had a nice little high range retest of the high that created the low So now we're looking at what's the trade that we want to look for tomorrow, right? so basically Anywhere within this range is what I'm looking for for a nice R&R and Then just having like a tight stop literally right here and looking for upside continuing Oh, not like upside continuation, but just some sort of upside reach, right? So let's look on the four hour here And let's see I this range appears what I'd be looking for in targeting. So let's see what type of percentage move that would be two percenter hundred and eighteen Looking for a four hour. Maybe a daily swing high retest. So the daily is actually all the way up here Should potentially make sense. I mean, we do see a Double top here, but you have to realize until proven otherwise you want to continually You can want to continually Look for longs until proven otherwise and as of right now, even though we did have some failure and breaking back into this You can see that we never really lost this Origin and the point of failure to the downside So it looks okay What you also want to notice is as when we look at like the low that created the high over here So even though we did swing this and basically you could just have this as your swing test That is more important than this because a very basic strategy that we have right? So we have origin swing test Point of failure, right? So here's your origin. There's your swing test. There's your point of failure. So by holding this It's exactly what we wanted to see happen. So it looks good. We have achievement to the upside We did break down pretty significantly What basically what I would do is off this range that we just talked about if we see price flip this then Get out of longs. Oh, yeah volume is crazy right now for sure And look to short it and then actually look for potential break of structure I think the probability is pretty likely that if we swing this low here and we that we will be swinging both of these So then what would we be looking for on the low inside? We'd be looking for the low-range test because we already tested the high-range test right here, right? So we'd be looking for this right here for the short, you know, everyone right now is in this like Okay, so when you look at like market cycles and you study them, right? You got, you know, the you know the trough and then you have like the like I guess you call it the flare out or the top range phase, you know There is no time limit on it, you know, so even though like this Omnicron variant and all this it's really a lot of Just fugazi, you know, don't listen to the fear just look at price action and just play it based off of that But yeah, this is what I'm looking for for longs right now on this and Then obviously taking, you know, aggressive PTs on the way up If we're looking at TP ranges Swing of high or even at the middle of it Secondary swing right around there take this swing here and then from there we'll look for this one for our final TP This is the SMP 500 micro mini. So I mean we can look at I Like to look at this one or the March one So the only difference is between the one that I'm showing you in this one is this one only has data up to a certain point So these are the top indexes, right? We got the SMP 500 to NQ Dow Jones industrial and then the Russell. So these are the top ones to look at on the micro We can go ahead and take a look at and they're one of these I think we'll go ahead and now and look at gold So this is like kind of the gold play that we had On the stream that I did I think in October on X trades So right now we're you know in a good long had a nice actually deep retest This is kind of what I was expecting to happen. I guess with this like end of the year Taxes and you know potentially bad news or whatever it did cause it to dip a little bit But it looks like we're back on track Still looking for these targets here Now if we look on a higher time frame Looks really good. We held the 0.618 very nicely and that was a real deep retest there in August But we did not achieve lows which is a good sign So we did just locally have achievement here after this low hold where we had a swing and then we came down and retested We did have achievement. So now we wanted to see a hold of the low range, which we did see so if we were to zoom in right here the Low that created the high and the point of failure and the origin point This is really near to the the origin point here. Yeah gold still looks really good Think this will probably if I had to guess within the next year probably make new highs So, you know gold is one of those things where You know, it's more of a longer term play But it looks good on this high range for sure Because like if you look at this like first swing high retest off of this original point of failure that had this back in 2011 Okay, guys, so even though this does matter. This does not matter as much as this So the things with price action is is what happened most recently matters more than what happened over here But it doesn't mean that it has no value. So this first swing high retest off of the You know the failure You can see that for the most part the median price was to get above this at all times, right? So we just look how the closes are we got one close beneath it to close beneath it And then like battled up to get above it and really the real point of failure is right here actually Then there was like an indecision little bit of a flare out you can see the real point of failure We held above it for the most part So yeah, gold looks good guys by the way, if you guys have any tickers or anything that you want me to Look at any stocks or anything. I'm just looking at the top indexes, you know the top some of the top Commodities and then the top volume stocks And maybe even by check out a little bit of Bitcoin all right looking at silver Silver has been doing Looking really good a lot of silver haters out there swing point of failure All right, so when we're looking at silver like what we were just talking about earlier remember about the origin The swing so you guys didn't see me talk about this all the time, but basically it's the path origin swing point of failure Okay, so it's like a basic price action movement So and it works in both directions. So when we invert the scale, let's do the same thing here So origin why is this the origin because this is the low that created this high So when we retested this low and we achieve it is a sign of weakness and that in the future It's potential that we are going to break and you can see that we accumulated Previously used a support as resistance and then failed. So now this is our origin range Now we have our swing test range versus here and now we have our point of failure Notice how the point of failure range even though we did swing it and we even had a deep swing here We had a close above the point of failure or right at point of failure for the most part So what you want to look for is now re-inverting now that we've seen that Because you want to see price it for for the uptrend scenario or for the downtrend scenario You want to see price be beneath this and you want to see this hold of support for a downtrend scenario and as you can see we had a monthly close above monthly close above so we are showing some strength That the downtrend is now invalidated. So now the question is the same thing that we saw here where it kind of Does this until the breakdown is kind of happening here. So what this is here? Here's our origin. Here's our swing test and what happens after the swing test a Point of failure, right? So now the question is is the point of failure going to be here. Are we going to swing high slightly? You know because silver already broke all-time highs. Oh, I guess that was in 2011. Wow. Yeah, we're looking at the monthly here But yeah silver looks good. I mean now we can like zoom in a bit. Let's go ahead and look in more closely Take a gander and like the hourly here So yeah, the the silver play from October worked out very nicely came literally right to the point of failure That we were looking for play played out perfectly had a nice deep retest if we actually get Achievement on the hourly here. I think we did Yeah, I mean it looks like we did or just about not That was a nice deep retest. So it's basically the same play that happened again It just became valid again Which is really cool The zero point six one eight retest here very nice and then pop off So let's look at like what happened locally here, right? So let's just look at this range here So let's go ahead and let's start with the daily and let's look at that that swing down range And see what it looks like we'll zoom in here on it. All right, so here's a high that created this low So what you want to see is you want to see a High retest but then a hold of the low range So the low range held Continuation pop-off achievement. So now we're looking for like a weekly retest and You can see the weekly retest is up here the high that created the low and In the previous weekly retest you can see that we actually did the exact same thing here and we actually swung it And came down all the way down to the low range achieved to the high range Broke back into the mother candle of the structure You can basically say because this is basically origin of the structure right here not every time Spidey so basically you can have multiple things you can have achievement to achievement failure to achieve failure to achieve The one thing you want to see after achievement occurs like here is you want to see a hold So basically when we look at like this structure here, right? Let's clear this up a bit so we can figure out what we're talking about So we're looking at the weekly we can kind of see here that this is the low that created this high, right? So if we come in on like the four hour And we zoom in on this area The highest point was here, right and the low that created this point was basically around here So as you can see price, this is just on the four hour by the way and and like in crypto It's a little bit more fluid but here so you can see that the four hour actually flipped So then now we want to see the daily Because when I say it flipped it I mean the resistance turned to support right or support turned in resistance So we can see on the daily. What was the low that created the high? It was actually over here I created this high range. So on this low here What was the the daily move that caused the big breakdown? It was actually right here So technically there is a origin play short That could happen here. So if you were in longs, right, let's say from down here on the retest Then and is if you're day trading silver or gold You know, I'd recommend You know, you know silver and gold a lot of times is an asset that you can kind of It's a lower risk asset where you can throw some capital in you don't have to necessarily day trade it You're looking more for like yearly gains and things like that But if you're just scalping it, I mean, there's some scalps to be had here Like let's just look since September, right? 13% A nice little little 10% are on the short and then now we have, you know, this one the trade that I always like to take Is this one right here because when we look at the lowest point and we do our like progressive Fib pool You can see that, you know from the 0.618 we had that nice deep retest again So it's just the same play playing out twice It's basically a liquidity to liquidity move so what you're having here is a swing of highs liquidity move than a attempt of lows and And I think it might have like we can check it here now Let's see the low range was 21 410 and the low range on this one was 21 410 So literally the exact point so any liquidity if there was a stop loss at 21 410 it probably got hit You know, so it's just basically a stop-loss hunt fruit for Shorts and then dumping it then a stop loss It's just a liquidity grab right trying to grab the liquidity of shorts and then grab the liquidity of longs Because if we see what happened here You can see that there was a short play that played out But maybe people got a little greedy and didn't take profits and then you know didn't manage their trades correctly And then you can see that this liquidity got grabbed Stopped out and then from here they needed to retest to grab some of the long liquidity One of the things I always would recommend is looking at the supply and demand zones So we're looking at this range and we figure out, okay, where's achievement happened locally in the last, you know, three months We want to identify where's and the thing is is they can be an inverse as well So this is the high range, right? And then this is the low range now something I want to I didn't help you guys realize is is all of this can be easily Seen on the mother candle move. So the mother candle move that brought us down to this range is this So basically what we're going to do is is we're going to look at okay So this is the high range. What's the low that created this range? So boom This is where we want to Look at this as a potential supplier demand zone and then now let's look at the low-range twister So now the low-range twister is now the supply and demand zone for the opposite And so you can see that what you call this is accumulation manipulation move to get the stops and then right back into the Premium buy range and then pop off you see this happen all the time. So here's your premium buy range Manipulation move get some stops back into it. Then here's the clean retest where we pop off All right, so Tesla. Let's go ahead and take a gander at Tesla So I was looking for this level here or this level here on the short the day that Elon tweeted about You know him selling shares. I actually took some nice little puts They played out pretty nicely These were the two levels. I was looking to hold Basically just based off this and obviously to Tesla is really strong stock. So it held pretty nicely held the upper range When we look at it from this aspect right now, it's kind of holding this point of failure pretty nicely That's who nice high retest Deep range low range moves Based off of this because remember what we talked about right? What's the thing we want to look for origin? swing test Point of failure right so for long. So what do we want to see happen? We want to see this hold So since this failed to hold, what are we looking for? Continuation to the downside. What's the the origin? So now origin is the play So this exact blue line that we had is the probability move. I'm not saying it's a hundred percent I'm just saying it's probability Because you can see on the last daily here what happened we had this nice high retest of this range That we wanted to break back into and hold a support for the bullish side And now we had then we had to swing of lows right and this is Wednesday. So I'm interested to see okay So it's this is Wednesday, you know, this is So let's look back and this is Friday. This is Thursday So Thursday's open was down here and Friday's close was beneath Thursdays, right? So a lot of times then You know that gives you oh, yeah, market was even open on Monday because of I'm okay, but So here's Tuesday. You can see So that's one of the things I always like to do guys is if the Thursdays open is beneath Friday's close then a lot of times the next week I'm looking for shorts and puts But it's basically just based off price action as well. That's just another tool that I use Maybe that'll help you guys Like as an example, you know if you could look back at other times and I challenge you guys to back test that strategy It's pretty nice But yeah, this is what I'd be looking for here. Um shorts down to here Um at the lowest I would expect Um a swing of this I'm saying at the least So, you know kind of already played out see what type of move this is So like they see how we had the high range retest here the low range retest. That's very clean price action so And a nice little seven percenter The thing is is you have to be careful, right? I'm shorting these top stocks because of the amount of volume they have So one of the things indicators we can look at is is volume dying down It's actually increasing in a little bit of a way because if we look at the average here like on the dailies When we were in a bull market like when the market was actually increasing We actually have a more higher average volume right now than we do and we have our earnings report coming up Now this earnings report was uh, I guess pretty good surprise Revenue is a little bit low But yeah, I for me guys whenever it comes to what matters the most it's all price action all price action So, you know any event that could come up anything like that. Um, I just trade the price action And then let the events and the news and all of that You know be the reason why the price action played out. So Because before this earnings report on the what day is it on the 26th So we have a week we could easily come down and have a deep range retest of this origin move here, right? So like I said, you know, if we want to look at this, um More clearly now, I actually want to leave those levels here, but So there's your high range retest. So this is where I would look for for potential longs right here As like the premium demand zone and we might see a nice little swing and might even come lower Um worst-case scenario, I would probably see us coming down to here 800 but 900 and then where I'm looking for potentially long saying how price reacts is right here between 960 and 930 um Dallas, we'll go ahead and look at bitcoin A little bit later on I'm gonna go ahead and keep it more traditional markets for now, but um So that's what I'm seeing for tesla guys. Um, very clear in validation Like if we want to look on lower timeframes, you know, I would put your invalidation like somewhere like right here Because since we've already achieved remember, what do we want to see now with achievement? We want to see a hold So you don't want to see like this low range that caused this high swing here really get um like the Um the close and the open get tested So yeah looking for low range continuation now very clear On that all right, so ambizon that was the next one I saw in chat here Guys if you have any questions or anything, please feel free to ask. I'm here to answer all of y'all's questions Oh amazon's looking real interesting. So amazon actually is showing more signs of weakness than tesla Because it's already been showing point of failure weakness for a long time And this is something to notice here guys is this is the real serious point that matters right here Because notice, okay, so here's your mother candle failure that came down So I want you guys to see that every time we swung what happened right back into mother candle Swung right back into mother candle swung right back into mother candle swung right back into mother candle swung right back into mother candle You see that and then now right back into mother candle again So a lot of times that is a sign of of major weakness and the fact that it's been going on now for Since july So like six months now Is a pretty big sign of weakness. So let's keep it simple, right? Let's not over complicate it Let's look at the last a high swing move Let's follow the path Swing high swing low point of failure, right? So for the uptrend scenario, what do we want to see happen? We want to see this be achieved and we want to see this hold Boom failure Retest failure so now the high range retest Right here low range retest right here continuation the downside now. We're seeing achievement locally, right? So now we come back into the mother candle So let's look back at to the mother candle now. What do we see on the mother candle guys? So what what's our this is our origin down here, right origin? Here's our swing And even though we like kind of you know did this is still part of the swing and then there's our point of failure So within the mother candle what I would be really looking at Because I'd love to see this range down here Swing all this six seven months of liquidity As an institution as an institutional mindset and like things like that. I would definitely look for a swing of this liquidity Did we swing it here? No, we did not So the only thing to look at here for the uptrend scenario Which is showing because like let's look at the weekly here, right? You can see that we printed a nice beautiful doji With a green clothes on the actual candle So we're looking at um, you know this deep retest of this range here and then how this looks here This if this holds right here, there is a long in play currently Um, and then you as we know we we looked at this right here, right? So let's go ahead and um You know get our key ranges that we need here So price action that happened most recently matters more than price action that happened here But this still has value remember like I said, so this is the point of failure Here's the high range retest and there's the point of failure here So if this is confusing to you guys, I'll show you what I'm talking about origin swing point of failure, right? so If on this larger frame move if we can hold this right here, there is a long to be had here But I would do very tight in validation Because as you can see right now, what is the trend since november 15th? It is down. So the trend that happened the most locally matters the most So if we just go back three to six tickers On the weekly or candlesticks one two three you can see, you know four five six that we are in a downtrend You know the thing is is um the trend that matters the most is The um long term though, but that doesn't mean that we can't have a nice little pullback Up here, especially with how bullish amazon's been A lot of times when supply chain issues and things like that it normally takes a year two years for it to hit We are in like a top Aspect, you know with this whole pandemic and a lot of other things are happening with logistic aspects So it wouldn't be out of the ordinary to see a swing of this in my opinion But again, that's looking more out Like higher time frames. So let's just zoom in now. Let's look at lower time frames So remember we said that there is a long to be had right here, right? So I like I love volume Statistics so here we can see that there was massive volume The highest volume we've seen was in this candlestick right here Secondary highest volume we saw was here and we actually closed beneath it So that means this is a huge point of indecision right now So what basically what this means is is if we're looking at the two key ranges where there's high high liquidity This high range here and this low range here essentially So whatever breaks first you can expect some sort of like nice little impulsive break Um, I wouldn't be surprised. Um, let's see on the daily What amazon looks like if we potentially saw a high range retest on the daily so Something like of this nature here boom And then from there maybe a retest of this position And if we can achieve this high range and then hold us support then continuation of the upside, right? So there's that path but then Then there's also the path of the high range retest Back to the low range failure to achieve used as a resistance again And then break down to the downside because remember Locally if we're just looking for the trend and we want to trade with trend We are in a downtrend So what you should be looking for for local scout trade setups not for your macro larger margin buys where you're like, okay, I'm buying amazon and I'm looking for you know that monthly quarterly yearly dip You know, that's different. That's a different trade to what I'm talking about here I'm talking about a daily trade setup. This is something that I see is the highest probable move in my opinion But like I said for the uptrend scenario you want to see this then this and then a re-achievement of this And then there something like that But um, you know regardless, I think that we might see a high range retest tomorrow Let's see what type of percentage move that is 2% not bad I don't actually normally also I don't like to put Yep That is true And see like the thing is I would really like to see Um, this continue to break down and at least test this origin before earnings Yeah, the previous earnings was uh negative on this But notice even though the earnings report was negative I want you all to notice that price action still held we still came to the point of failure So here, this is something that um might help you guys a lot when identifying where you want to enter So let's go ahead and look at this structure here because we're going to imagine that we're here All right, and we want to decide where I want to short this because the earnings report was negative, correct Um, so You know, we're looking here at this range because this is the price action that we had before this attempt here, right? So let's go ahead and zoom in here now. Um on that little green box that I just identified So we're going to go ahead and invert the scale Zoom in nice and big. All right, D I actually prefer to look at it this way, but here's the low that created the high, right? Very small too, and then we want to identify what was the high range That caused us to lose this it was right here. So now this is what you would call point of failure This is now what you would call origin Okay Super simple So now that was on the 15 minute, but now we scroll over to the right Look at that Origin retest held point of failure Nice little short play So there's your, you know, a correct way to do entries now institutions What they probably were doing is they were probably taking this whole range here And then they were okay with this drawback this equidity move and then they probably entered heavy right here Let's get their averages down And then you know then on this nice little retest after achievement You know then popped it off Then obviously, you know institutions, they're not greedy. They're taking profits on every move up or down Depending on which direction they're doing because as you can see here, you know when we identify What's the we talk about identifying the demand range to the supply range? So we want to take Now let's look at a little bit of a higher time frame here We want to look at the origin candle that got us to this point So this one over here So we want to see okay. Where's the demand range on this? At the origin point of failure is right here So even though like you can see when we saw at the first time we popped back up to the supply range So the supply range would be This twister right here So this this twister mentality is kind of like an old school trading mentality It's just showing high liquidity zones. So, you know, there's your Demand zone. There's your supply zone and inversion So you can take shorts to here longs to here and it is inverted so it can be confusing but You can see that then when we tested the point of failure again, we broke down into it So on a macro standpoint On and the fact that we are in a short aspect I would be looking for this even if we have a very solid earnings report I still would be looking for this low range because let's say we consider this the demand range You know, we might see something like we saw here right here So we swing down and then pop up Or this i'm saying this might start to be the accumulation range But I would like to see an origin retest at least But like like think about it this way If the institutions want price to get to a certain spot They want it to get to it and then hold in this area for a long period of time because then they can push and get that liquidity grab As you can see how long could we really stay here one day two day dump, you know on the third day dump So, you know, it's the same thing on each one of these liquidity grabs You're going to see that it's just one day two day pop One day two day three day pop. You see what I'm saying? So, you know, you you want to see Um, how you want to see quick price reaction to these ranges But like I said, I would not be surprised like if you asked me So when when are you interested in buying amazon heavy for your long-term bags under 2900? It doesn't mean it will happen. You know, I'm just that would be an alert that I would look for For amazon. All right, let me see. Is there any other Lot of analysts are upgrading amazon Yeah, I mean amazon's a solid company, dude. Isn't it like the top Like uh, basically one of the top, uh, market cap assets that exist. So I mean Imagine trying to go against the the top dog. It's not normally a thing that's going to work out in your favor But it doesn't mean very locally. You couldn't have um, some sort of low-range retest I mean look at we've already been doing it for six months All right, let's look at google now hire time frame first Yeah, there was a nice short on google here So where did we retest we retested this right here? held origin Had a nice weekly close But as I want y'all to notice let's just look at this high range, right? What have we talked about all day today in the stream? Right point of failure Let's go ahead and take this high range Take the low range So for a bullish scenario, what do we want to see happen? We want to see the high range hold Then we want to see the low range or the high range break the low range hold And we now we actually broke down even though we did close within it Is that a sign of weakness or strength guys when you're looking for um on price action reasons should I get in You want to make a list weakness or strengths, right? And then this is definitely a sign of weakness Now it's not like extreme weakness because we closed back within On the weekly then let's check out the daily and you can see okay Yeah, we only I mean shoot we only had we didn't even have a single daily where we closed beneath it Well, we did here actually So wherever we talk about the high range retest and then now what do we think could happen here? Maybe a bit of a low range retest And then what happens after that? Origin right So the origin range you can see here's a nice little twister. So this is like a demand range So what you want to look for here As you want to see when it hits this demand range, are we going to use this as a resistance? And this is what you can kind of call point of control. So on the origin move, right the origin move here Origin because we did have some weakness held, but then we had a hold Right. So then this is our origin range. Here's our swing test range. There's our point of failure Now the reason why this is point of failure and not this is even though we swung this what happened to price right after Right back into the mother candle point of failure. See that? Then yes, we did swing it again, but where are we again? Right in the point of failure. So when we look at You know the original point of failure and now we had a close on the weekly beneath the point of failure So now we're seeing another another notch in the we in the weakness area, right when we talk about Notches in the weakness area and the reasons why And your trading journals and things you should be writing these down, you know If you can identify things in this because then what ends up happening is as you have a list, right and obviously we don't want to be Bias to any direction. So, you know, you want to actually look actively for strength reasons as well, right? Which there are many reasons that could happen for strength reasons I mean like for instance, it is considered a shrink, but I wouldn't consider it super strength is the fact that we closed Um, you know within this swing range here that caused this high on the weekly So that would be like, you know, I wouldn't necessarily consider that a weakness or a strength Yeah I agree with you The thing is is I'm telling you with stocks It's shorts don't normally play out as well But I feel like this is the one time where we might start to see Some sort of of low retest now on these on these stocks because like when's the last time that happened, right? I mean really the last time that happened was that march dip You know what i'm saying and then from then on it just had nice little shallow free tests and then all the way up so You know the march april range, you know, we might see uh like this might be the setup For like the march dip and then what would be uh origin? So, you know right here. So this would be like the The super high demand for buy zone Because right now we're at point of failure When it comes to what created this top range here But now let's zoom in, you know, like we do with every all of these so let's zoom in now and let's look more locally You know, let's let's go ahead. You know what and just to make it we've talked about this enough I'm gonna go ahead and remove everything. Okay, so remove everything. Let's just look real locally not get Finessed in any way go ahead and look at the daily actually closely Okay, so we know this is a big point of failure here on this side Here's your point of failure on the downside right here. So Failure it's a failure test Let's see where we got some high-range retest is here's a high that created a low. So we did achieve the high We have now swung the high that created the low and now we're using it as a resistance So this is wednesday. I would like to see the thursday um Close and open but here is in my opinion is a decent short entry range And then, you know, what type of target would we look for? So we get the middle of this Right there just a swing of that low We did already do it once here. So you got to be careful. Um Let me see There is a long to be had here. Let's see on the lower time frames now four hour Let's even look at the hourly So you can see this little gap here, but basically here's the high that created the low We achieved. So now what do we want to see happen to hold the hold did happen? We held the thing we popped off So now if this is origin and this is the swing test, right? So we want to see this hold And we want to see this achieved so you can see that for the bullish scenario We have not we need to achieve this And that makes a lot of sense too in this you know Formation of stuff here because if we were to flip and we look at it from this origin, you know Nice little swing test and then like a point of failure right here locally So it does jive pretty well. Yeah, I would look for this range right here So this is kind of your point of control locally if you wanted to look for lower time frame trade ideas So like if you were taking a long from this low range here have a very tight and validation Like there And then if you wanted to take a short same thing Short here have an invalidation very tight slightly above For the uptrend scenario, let's see on the hourly here. This was a high range that created this low range We have a nice little gap massive volume right here by the way Something I always like to look at so how much Percentage if we gotten off that like a one percenter nothing really too much So yeah, this is the point of control guys 270 270 kind of is the resistance and 2740 as the support on Google and Understand that if the support then turns resistance, then that's a short signal So just keep that in mind. We're right at it right now So I'm interested to see how the daily closes today So like if we closed within the range I'd be potentially more inclined to take a a short I mean a long I like to see within like the four hour. Okay, so we had one close above if we can get two or three closes So this four hour closes an hour and 20 minutes basically a market close So then the the hourly open on thursday or the first four hours Seeing on where we open and close You could I could see a long to be had here like from the lower range to the higher range If you guys have any questions feel free to ask Just kind of you know speaking here about what I'm seeing look at much lower time frames kind of want to look at like what the So it's just showing the london open and close on on this indicator right now Oh, it's actually just showing the close. I'm just gonna hide this All right, um, is there any other tickers y'all want me to look at we can look at any of the indexes Let me see if I miss anything. I think somebody said Xm okay, I can look at xm So catching this is just a knife knife catch We got we already looked at tesla earlier. You can look at the vaude mc And the twitch and to see it there But yeah, this is just an absolute knife catch right now. There is any sign of strength Um, what I would for the any long play what I would look for here is like basically Uh, a swing high retest if anything I would not hold on to it even if there is some strength Or I would at least take massive profits 50 to 60 percent So what type of move is that on this bad boy this thing just looks like it's going to shit Let's see on the four hour here See, we're not even getting volume Last time we had volume was up here and even though it closed green it obviously was short Volume, um, all right, we can look at microsoft Okay, so microsoft played played out beautifully I actually was looking for a deeper retest here and it didn't get it But you know we popped off we popped through the upper range and then this would have probably been The nice entry right here or if you could have gotten this but it looks like this was on the daily open With the gap So we had a nice pop off to the upside Let's go ahead like we do on all these. Let's look at the higher time frame Let's go ahead and just remove everything here Hmm. So we've seen some nice volume on the weekly here Volume's actually been trending downwards, but this was the march volume. Yeah Yeah, that's me. It's not really been trending downwards actually This looks like this is still volume though. It's called the daily So here's your point of control on microsoft So we did swing it barely here Here's like your high range that created the low. It's actually here. So we actually did achieve The higher the high that created the low here just on the daily time frame it looks like we're going to get a Downside close So the thing is is here you could have considered this As a as a signal of a low range test after the high range test, right? But what I want you to identify here is when we look on like the hourly or the four hour like the four hour more myself I like to get three four hours beneath the point of control Before I take a short If if I'm looking for the if I if the setup I'm looking for is the low range test So you can see that we had one two now looking for it now in the open. Boom. We popped up Actually, that wasn't the open But yeah, you can see that we did pop up. So yeah, you just want to see multiple Three hours three four hours is like something that I like to look for On this but I think this is also if I just had to Take a guess here Because volume is not really increasing. I mean it is in a way So at this high range then it started increasing down here See We know that this is a key monthly level here Resistance right when we looked at the monthly So the question is is what level do we test next if this if this ends up breaking down to the downside? I'd look for this right here Which would make sense on the low range See that because we've already tested this and this is where volume there was some buying. I'm happening here a nice scalp Set up from this low range origin. You got a nice five percenter here But see the thing is is what you want to see is with achievement because this was a high that created the low We achieved what do we want to see we want to see a hold we failed to hold so now support supposed support is now turned resistance So probability based Especially if we get a couple four hours Off of this retest one, you know two Beneath then three It's a a short signal because we might get a nice potentially one more So I like to see for short setups and then you have this point of control, which would be really nice For a potential short here And you guys you have to be able to take stops So the three questions you always want to ask yourself is why am I entering a trade right if you can do this Based off logic numbers price action reasons. That's perfectly That's exactly what you want. What am I willing to lose? That's the second thing. So You know, what am I willing to lose and it's not just saying this is what my stop loss would be It's saying this is Uh, you're accepting this loss before you even take the trade. So there's no emotion You just put your trading plan in and you accept it, right? So if I was taking a short here You know, I would probably look for and I'll oh, I really love that twister there by the way I love these like random twisters here. It's somewhere like, you know around here Like right above this high range. So if my if I had it already taken a short But remember I like to look for three four hours If I take it so right now we've had one four hour two and then we'll see where the third one is tomorrow in the open But yeah, I think this would be a very valid Short because you really for shorts, you really don't want to see this one And if it does swing it you might you know, sometimes you just get unlucky and you get stopped out and it might even just dump right after if you just barely swing that right because The we remember when we identified, okay, so what happened with this achievement? Because we achieved this high we want to see a hold. So this is basically the range that we want to see hold which is right here And right now is it holding? No, it's actually being used as a resistance Does that make sense? Because with achievement we want to see a hold Very simple And guys, this is just probability base. So when I say probability base 55 55 doesn't mean that it always works out, right? I mean there's always outlier things, especially in traditional markets, you know Things that could occur, but price action wise is telling us 55 But this is a resistance and that we're going to swing these lows Especially since the local trend we're trading with trend locally, right? Down we'd had achievement to the downside. Okay with achievement to the downside. Did we see a hold? Yes, we did. Okay, did we even achieve more? So what actually needed to hold, right? Let's invert the chart. Let's get it from the opposite perspective. Okay, so this is what we achieved This is what we needed to hold the low that created the high. Did we hold the low that created the high? Yes, we did And you can see that the high the the low that created the high here That was our that nice beautiful short reentry there Support turned resistance, right was on the opposite end. This is a support that caused the swing of high Now support turned resistance Continuation to the downside So it's the same thing that we're looking for here low that created the high support turned resistance continuation to the downside, right? So let's just say hypothetically Right because we did see achievement We don't see the hold right and we come down and we test the lows and we have a failure to achieve on the downside Well, then in that case a failure to achieve Um, there could be a potential retest of highs So then if we see a failure to failure Then that's very likely the swing of lows But then if we see a failure to achieve but then we achieve to the upside Then now that's a very strong strength signal for a reversal so Once you guys i'm going to be streaming a lot more often here on x-trades So once you guys get to understand some of the terms that i'm using and everything based off price action As well on the academy on x-trades, you know with amy We have been doing we did the fundamentals of a trader course And that is for all premium members We still will be doing some, you know discord streams for Just the monthly members sometimes and obviously these twitch streams for all for everybody But for the premium members, we do have an academy course where we teach You know all the aspects of a trader So basically the the the six lesson course was fundamentals of risk analysis Fundamentals of technical analysis fundamentals of trend analysis Fundamentals of price action fundamentals of emotional analysis and then fundamentals of marketing, which is basically fundamental reasons You know such as potentially earnings the team behind these corporations, you know, are they considered You know we talked about it in the lesson, but once i love i love the the fundamental lesson because we talk about the four sectors Right. We have the dead dog You know any any marketing majors here, then you have the rising stars you have the cash cows You have like the question mark markets So just being able to identify and understand all that knowledge fundamentals really nice That's the first lesson then you know we'll be coming out with the price action lesson and then actually a whole lesson just on emotional analysis So yeah, I guess I uh, hope you guys liked the the stream today I appreciate you guys all hanging out and everything. Um, what i'll do is i'll go ahead and pick three more tickers before i end today's stream um, but that uh, normally that the time is about an hour So we'll see we got um rut S o x l so a cup of magic you did ask for a bunch there So if there's anybody else that wants one, please feel free to ask Um, we'll go ahead and just go down your list while we wait. Um Q q q Invest goes that's the one you're wanting man. I think that's the one you're wanting. I'm gonna imagine origin swing test area here So locally origin retest looks very probable We have one daily close beneath it secondary daily close third daily close is an absolute short right here So I'd take shorts on the next daily here And remember it can get invalidated, but we see the high range retest We did actually swing it a little bit now remember with achievement what we want to see a hold failure to hold Boom Then you can see there was a high range retest so the support turn resistance now we're having our low range retest Volume is even dying down today So it looks like there is a shortened play here. All right. I'm just going down the list guys the next one on the list is U r and m I'll try to just do some fire analysis here practice my institutional trading Um aspects here. So I'll just try to get through a bunch of tickers as quick as possible See the daily here Same this looks very similar the low range would be about here I actually don't even need to have that line, but there's your high range. You can see Here's your point of control Right And you can see that now we're on the low range. So the same thing daily close beneath this level on the third daily We take a short So I don't know what your trading strategy is when it comes to how you take profits But one that I would always recommend is a two percent move. So let's say you took this short from here Literally two percent would just be this swing, right? So what I always like to do is I like to take profits very quickly and always leave a moon back So yeah, I would look for a short on this Um, let me just verify that really quickly before I move on Is there a long to be had here is the question I'm asking myself right now Okay, so we did just have local achievement to the downside the daily volume looks absolutely dog crap right here It doesn't mean that we're gonna have an impulse breakdown, but I do think that we will see lower here Um, the high range retest would be up here It's not out of the Question that we could come here because really this is the the higher probability better area to short right here Then it is at the lower range. So if you do take this lower range short What I would recommend doing is having a tight stop So right above this previous daily here Is where I would have the stop for the slow range and then if you decide you want to take Um, the the short again that's there and then for the long scenario basically you just want to see three four hours above this range here So let's see. Did we have any four hours above that low range? We did have one so in one hour if we can close above that's two So if we get a third one, there is a long to be had here, um, you know R and r wise and uh risk to reward wise there there's a potential Look at xm now Are we kind of already looked at this one didn't we? Yeah Well empty I like to see that some buying going on looks nice Let's see. Dang this one Absolutely savage with the volume probably Look at that fine there. That's like there's no movement. That's ridiculous Just looking back a bit here Look at that deep retest man. What day was this? Oh, that was the march dip. All right. So let's just look from this march dip Swing test point of failure So we held the low range swing test point of failure short low range swing test again, we did achieve to the high range. I'm looking for longs now Longing this bad boy. We have now achieved. So I want to see a hold So this is your invalidation right here for longs The question is is okay. So we just now saw the achievement, right? So with achievement, we could very well come down and we want to see this hold So on the daily the hold range that I would like to see and where I would be looking to take along here Is right here at this twister So what type of invalidation is that? So 1.3 1.27 so the closer you can get the better You know potentially look for your first tp at like 2. So if you take this trade 2% tp So that'd be like a 1.5 rr And then the the original point of failure trade, right? But if we're looking at The next pt range after the 2% I would say something like that 385 and then The high range point of failure and then the origin point of failure that we identified here And then from there just moon bags So I mean that's a nice trade setup Right, that's an 8% and then from there just moon bags and see how high how high we can go But this looks good. This looks really good locally. We might like we see the increase of volume We see price achieving Achieved locally we achieved the weekly high that created the low. It's a really nice sign So yeah, this one looks really good. All right guys, that's all the time I have today. Thank you guys very much For hanging out. Hope you guys enjoyed it I will uh, you know, I am next week Look for my announcements and the x-rays. I'll be announcing any Streamers and their schedule that will be on twitch or in the discord Um, and then also just look at the events tab guys Besides, you know, just looking at the announcement the events tab is like the new place to look to for any events All right, I think um, 007 stream is like in an hour You know, he's going to be going over the earnings reports and all that So that'd be a cool thing to tune into probably check that out myself Have a good rest of your day guys Protect those protect your money at all times See y'all later