 Hi, everyone. Hi. Let me say I'm trying to share the right screen. Hi afternoon. I just want to double check everyone can hear me and can see my screen clearly. Sorry, I was trying to share the correct screen. Loud and clear. Hey Richard. Hi. Hi, Elvin. Soft. Okay, so Richard is saying loud and clear, but Elvin is saying that my voice is a little soft. I'm just wondering for the rest of you, can you hear me? Hi, Sunny. Hi. Hey, Gliard. Sorry if I'm pronouncing your name. Okay, let me just say hi to everyone. I do still see people joining so let's just let everyone settle in. Hi Bonnie. Hi, Charvin. Hi, don't go. Don't go. Okay. Hi, everyone. Hi. Okay, there's some more of you joining. Hi, first time attending. Hi. Hi, Oscar. Hi, Samin. I'm good. Thanks. How are you? Okay. Nice. Okay, cool. I think everyone is in and has settled in. So everyone today's webinar is brought to you by Tick Mill. Right, we are doing a live analysis session today or trading strategy clinic. Okay, hi. Hi Rafael. Hi Roberto. Okay, before we begin today's webinar, I just want to do a little reminder for you guys disclaimer disclaimer. Okay, you guys already know how this works. I share with you guys in this webinar should not be construed as trading advice. It should be taken as educational only everything, anything and everything I share with you guys is only educational purpose. Okay, please don't take this as a signals group or a forecasting group were not any of that the whole point of this webinar brought to you by Tick Mill is to help you guys improve in your trading and grow your trading account. Okay, that's the most important thing here. So if you guys do have any questions, especially regarding technical analysis do not be shy asked in the chat box, because again, Tick Mill brought this webinar to you guys so that you can improve in trading. Okay, so I'm just going to introduce myself we're going to do a live analysis session today. So my name is Cassandra or cast. You can call me cast. Right. I am an investment analyst and a prop trader at here at Everest fortune group where an award winning research firm. Okay, so we are the finalist for best forex and equity research for 2019 2020 2021 and actually 2022. I didn't, I haven't updated these slides but yes 2020 as well. Okay, in regards to myself in terms of trading I do have a level in experience in finance. What not. I have quite a bit of experience in finance I used to in the bank I used to do investment products and whatnot. Okay, but most importantly is my experience in trading. Okay, so in trading. So I have actually the thing that I will show you guys that I've actually passed my forex fund and FTM more six times. So for those who don't know what these are these are pro trading test. Okay, so for a trader to pass these pro trading test a trader must be at least eight to 10% profitable within the month. I've passed six times already I passed this set test six months Jeff remember okay this test. I have cleared my final county one. Yes. I think you should know how hard is to clear these tests. Okay, so these tests requires you to do 8 to 10 within 30 days but you need to remember because the weekends are closed so technically you only have 22 days. Okay, there's only 22 trading days. The weekends are closed. The weekends are open on the weekend so I passed that six times I'm currently taking my seven tests now I'm on in the midst of passing I am in my seven tests I am about 2% in so I need a few more percent to pass. Your account is 300k note my account is 100,000 so I have six 100,000 accounts I have 600,000 I'm taking another 100,000 now. If I pass by this week, then I will have 700,000 because I'm already in phase two. Okay, so again, since Richard knows about these tests, I actually did a bit of research and I found out that the number of people passing this test are not a lot. Okay, so like 100% of people who take this test only 4% pass this test. Okay, only 4% of trader managed to pass this test that is one and only 1.5% of trader managed to make it to the payout round. So you need to first pass the test and then trade and be profitable and then you get a payout and then they do a profit split with you so I have done that successfully many many times. I do fall into that 1.5% of traders so if you have any trading questions, especially technical analysis because I specialize in technical analysis do not be shy. If you ask in the chat box, I'm here to help you guys grow your trading account. Okay, I'm here to help you guys be better traders. Okay, so I hope I have your trust. Don't be shy, ask in the chat box if you have any questions. Okay, so our entire agenda today there was a whole list I deleted everything. I think to sum it up. Let's take a look at the funded challenges or yes I told him many times as well but I don't know if he took it already or not. He's a very good trader he uses fundamental analysis so we are different kinds of trader I use technical analysis he use fundamental analysis. He's like oh I don't know how he's doing. I wonder if he passed. I mean, I'm sure he's, he's passing he's a very good trader. Okay, so we're going to use technical analysis to find setups okay we're going to use technical analysis. I'm going to show you guys how I usually find setups. So, that's all I have for the introduction we're going to go straight to trading view so that we can look at some setups. I will show you guys how I usually do my life analysis session. I don't see you guys very often like I think Richard was saying you guys probably know your engine better than that you guys know me because I don't see you guys very often. Let me share screen. Me a sec. Share screen. Share screen button. Okay. Everyone see my screen. Everyone can see my screen. Everyone can see my trading view. Okay, thank you, Khaled. Thank you, Richard. Thank you, Elvin. Thank you, Rafael. Okay, cool. Everyone can see my screen. Okay, so usually when I set up my screen the first thing I do is click on the y axis axis so that we can see the screen and the second thing I do remove all whatever drawings here so I go to remove drawings and indicators so that we can start with a fresh. chart. I don't want to be prejudice on whether it's going up or down. I want to always start fresh. Thank you, Nuku. Thank you, Sylvia. Thank you, Goyal. Thanks. Thanks for those who are responding. Okay, so I'll show you guys how I usually run my live analysis session. I usually start with one commodity, one cryptocurrency and one forex pair. Okay, so the commodity that I usually choose is XAU-USD, which is gold. This is the commodity that I use. So just with XAU-USD alone, I only, me personally, I only trade XAU-USD. I am a gold trader. Okay, with XAU-USD alone, I have passed at least right now I'm in the midst of passing my fourth prop trading test. So I only trade gold and gold alone has helped me pass three prop trading tests and I'm on the way to passing my fourth one right now. Okay, so we'll start with XAU-USD because that is my specialty. So we'll do one commodity which is XAU-USD and then one cryptocurrency. So cryptocurrency, we can choose either Ethereum or Bitcoin. I will let you guys choose. I usually do Ethereum, but if you want Bitcoin, just let me know in the chat box. This webinar is entirely up to you guys. It's for you guys anyways. And then we're going to do one forex pair. So forex, I usually do one USD pair. And if we have enough time, then I do one non-USD pair. Okay. So one USD pair and one non-USD pair. Okay, so why do I start with a USD pair? Because USD, anything to do with USD, it's sometimes very fundamentally affected by news. Okay, it's very unneccesary. News, okay, we can do BTC, Richard Angelis is requesting for BTC. So we can do BTC for the cryptocurrency and for the forex. So you guys, let me know in the chat box what pair you want. One USD pair and one non-USD pair. So the non-USD pair can be anything can be AUD, CAD, EUR, CAD, EUR, AUD, whatever it is you guys want. For forex, I totally let you guys choose for forex. Okay. But for commodity, please let me do XAU-USD because this is my specialty. Okay, so usually, same with any charts I look at, okay, same with any charts that you look at. Okay, Richard Angelis is requesting for AUD-USD. So we've got our, oh, Alvin's also requesting for GBP-USD. So we've got our two forex. We'll try to do both the USD pairs and then we, if we have time, we can do one non-USD pair. Okay, so usually I will start on a daily timeframe. I'm going to do, I'm going to go quick. Okay, like I won't like slowly explain one by one why I'm doing certain things because then I won't be able to cover all the pairs you guys are requesting for. I'll just give you guys a brief overview of what I do. Okay, so the first thing as a trader I always ask myself, is it going up or is it going down? This is the most important question I have to ask myself. At any time I look at any chart, it doesn't matter what chart it is. It can be XAUSD, USD, CAD, it can be US-30, SMP, cryptocurrency, whatever it is. Whenever I look at a chart, the first thing I want to ask myself is, is price going up or going down? This is so important. Why? Because your answer will determine whether you're going in for a buy or a sell. So let me ask you guys, let me know in the chat box, if you see price in an uptrend, do you go in for a buy or a sell? If price is on an uptrend, do you go in for a buy or sell? Yeah, that's right. Thank you, Rachel. Thank you, Khalid. You can, I'm not saying you cannot go in for a sell, right? I'm not saying you cannot go in for a sell. You can go in for a sell because price is always moving in a zigzag, okay? Price is always moving in a zigzag pattern. So of course you can go in for a sell, but if you are going to the beach and you see the wave pushing you this way, you always want to follow the waves, right? Right. Thank you, King Gam Kono of Iliabu. Sorry if I pronounced your name wrong. Okay. Okay. You can sell, but it's going against the wave. It's always better to depend on momentum. That's right. That's right, Bonnie. It's best to follow momentum. So one look at XAUSD, I can immediately see that price is going up, right? I can immediately see that price is going up. You can see here that it was first going down. It was in a downtrend. Why is my paintbrush white? Okay, it was initially in a downtrend. Okay, and then it did a breakout and now it's on an uptrend. Okay, so like I said, price is always moving in a wave. So our drop now, we know it's going up. It looks a bit extended. It does look a bit extended to me as well. It does look a bit extended. So depending on the good point out, Richard. So depending on the type of technical analysis you are using, right? For example, if you are using alien waves to chart this, it may look very extended, but if you're using different type of technical analysis, it may look like this. Okay, so let's try to do a bit of analysis together. Okay, so first thing first, we know price is always moving in a zigzag. Price rarely moves in one straight line like that. It rarely moves. I'm not saying it doesn't, it just usually moves in a zigzag. So right now it moved in one straight line. What are we waiting for? Waiting for the zigzag down. We're waiting for that down movement. So I'm either looking to get in. There's two things we can do here. Okay, one is we can go against trend and enter for a sell. Okay, that's one. Number two, we can wait for the pullback and enter for a buy. I don't recognize or use alien wave. It does not give precise levels. As it is not objective. Actually, and it was very accurate. I passed two of my tests using Elliott Wave. It is very, very, very, very accurate. It's just that it requires too much time. So that's why I don't share it with on this webinar's because one hour will not be enough for it. The alien wave is so accurate you can predict as far as like 10 years from now, five years from now. Okay, so let's highlight some support resistance. Okay, I'll be honest, I do think Richard is right. I do think it's a little extended. And also because it's at a resistance, it means that there's a possibility price might turn from here, but also at the same time price already broke the resistance. That's why we can see a spinning bottom here. The spinning bottom is a sign of uncertainty because some traders will look at this and say, like, okay, there's still some room up. And then some will look at this and say it does look a bit extended. It's time for it to turn back. Right. Okay, so I'm a bit, I'm still a bit more biased. I'm a bit more bias on a buy. Okay, number one, why? Because there's a momentum, there is bullish momentum right now. Number two, because it already broke the resistance. Okay, so it's telling me that price don't doesn't really want to turn back yet. Okay, so I'm a little bit biased of a buy. The question is now where do I get in for the buy? Okay, where do I get in for the buy? So I'm going to highlight some support resistance and this is going to be our entry stock loss and take profit. Okay, so that's our support resistance. Let's go down to a smaller timeframe. This is the structure of XAOUSD. I did very well last week. I did 6% on XAOUSD last week, but I was getting in on the buy. So I was just playing this entire wave up. Right. But the question is, one thing we need to consider like what Richard is saying, is it overextended? The question is, is it overextended? Over extended, we can get in for a buy, but we're going to be wrong. Okay, sorry, just in a sec. Let me find new levels. Let me find some people that she confluence. I'm not going to explain why I'm bringing certain things because we have quite a bit of trucks to cover today. Not very good. Okay. Because I am afraid that it might be overextended, they see a horizontal and a same constant again slightly fundamental. So I'm not using either web and harmonic strange know how it goes behaving these days every century and half the period is that the US dollar where the 10 years to have cropping back in the early morning inflation. Yep, I don't know. That's, that's exactly why me and Yong Jin have totally different styles of trading so Yong Jin, like Richard was saying, the other Richard sorry there's two richards in today's webinar. I'm just saying there's another guy called Yong Jin right Yong Jin is surely. Well, I think a lot of this strategy depends on fundamental analysis. I am purely technical analysis. That's why things like inflation and I don't take all of this into consideration. I just use technical analysis and then hopefully my technical analysis gives me enough when ratio to be profitable. Okay, so I am biased that it is a buy I am still biased there is no reason for me to not think that it's a buy, especially if I'm looking at this little point of view. Okay, I'm, but take note I'm only using technical analysis. Okay, so the thing is, because price is always moving in a zigzag I now want to wait for the next pullback zigzag. And that's where I want to enter for my buy entry. Okay, so right now the only the nearest place I can see that price could possibly pull back to. And then we get in for a buy here is here. Okay, take note. I'm only telling you the buy entry. Okay, if you are someone who is a little brave you're feeling brave. Honestly, if you are feeling brave you can enter for the cell. And then here enter for the buy. Okay, it's just that I personally do not recommend this because it is going against the way. Again, you can go against way but take note, you are going against way right you are taking a bigger risk. So if you want to to get in for the cell and then the buy you can write their times where I get in on all by cell by cell. That's when I'm feeling very risky. I usually don't recommend it I usually recommend waiting for the pullback wait for confirmation and then get in for the buy. Okay, so don't put this down somewhere first we need to confirm our analysis with other things. Okay, so let's confirm it with indicators. I need indicators to tell me if this analysis is going to work out. Okay, of course, Ichimoku is going to say that it's an uptrend. So the entry that I use is 21, five and three. Okay, if I'm looking at Stochastic Stochastic is literally saying that it's time for a pullback. Okay, Stochastic is literally saying that it's time for a pullback. Okay, so I'm thinking it is time for a pullback. Okay, so when price pulls back here. Okay, when price pulls back here and just nice. It is also on this ascending trend line on the Stochastic. This is your double triple confirmation. I see you drew a statement on so yeah, I did. Okay, this is a triple double company. This is a double or triple confirmation that yeah, there's a good chance price is going to reverse from here. Okay, that is a good chance price going to reverse from here. Let's see what RSI is saying. RSI is saying the exact same thing. RSI is saying the exact same thing is Stochastic. It's time for a reversal. It's time for a pullback. Where is it going to pullback to? I hope it's going to pullback to this area and then here it's going to reverse. Okay, so your only drop as a trader or like what I found as an analyst, right? My only drop as a trader is not to find 100% accurate trades because it's impossible to find 100% accurate trade. Maybe on Planet Earth there is 100% accurate. If they were, they would be the richest person on earth, right? Your only drop as a trader is to find the highest probability trade. Okay. I know the parameters used for RSI. So for RSI, okay, so for Stochastic, I used the settings that I used for 21, 5, and 3, and usually for Stochastic, I would use a horizontal line or trend line to look for where I think the power of resistance is. Same for RSI. I'll be using 14 or 21. Okay, so my only drop as a trader is to find high probability trades. So based on my analysis for goal, if I am looking for a buy. Okay, I'm going to get rid of all of this so that the screen is bigger. Okay, if I am looking for a buy, the highest probability area that I think price will reverse off will be this area. Okay, why? Okay, so number one. Okay, number one. Number one, why I think price going to reverse here because one there is a kind of like a support here. You see there's kind of like this swing high here. Okay, so if price reaches here, there's going to be some kind of resistance or support area. Okay. So this is a support zone. That's why I think price going to reverse here. Number two, this is not a very strong reason but it is something I'm still going to consider the 23.6% Fibonacci lines up nicely here. It's not the strongest reason to believe why price going to reverse here but I'm just finding as many probabilities as possible. Number five and three is more reliable than standard 1423. Yeah, that is what we found actually. That's right Richard so based on our back testing we find that 215 and three is a bit more accurate than using the standardized, like the generic ones. Okay, so every time they should not equal with more variable. Yep, same. Okay, so my highest based on think analysis, just a very rough look the highest place that I think price going to reverse off is 1880 I actually was looking at different, I was actually doing different kind of analysis today. Obviously I'm only going to share the buy analysis with you guys today because the buy is the only one that goes with trend. Okay, the other analysis that I have is to sell the cell would have been from here. My cell entry was actually 1921 with my stop loss of 1930. Okay, would have missed my stop loss session disconnected. Somebody is locked in. Okay, I don't know who is in our account. Okay, my, oh my goodness, what's going on. 1930 and I'm calling for a cell to 1900. Okay, that is one of my other analysis for today but I don't recommend you guys getting in on that why again because it's going against trend. The chances of hitting stop loss is higher than when you are following trend. Okay, always try your best to follow trend. So I'm only going to share the buy for today. If you guys want to take the cell that's entire up to your I don't recommend it. I'm going to quickly give you a stop loss so that we can lock down this account. I'm not sure who is in this account. Okay, so the stop loss. I'll just put it here because it's just below this swing. This kind of like this single area. It's not the best honestly take buy entry. Okay, so this is my analysis for buy for XAUSD. I have more than one analysis. I'm only sharing this one because I think going with trend is safer than not going to trend. Okay, so my another, my other analysis is to sell totally up to you guys if you want to take that I don't recommend it, of course. Just give me a set guys just give me like one minute. I'm going to lock out of this account. I don't know who is using our account and then I will lock back in. Like, I will lock in with a different come. So I'm going to stop sharing screen so you guys don't see my password. Give me a sec. Sorry about that. I did not see that coming. I did not expect anyone to be using our share screen. You guys can see my screen right. Okay, cool. So that's XAUSD. We've got half an hour left half an hour left. I'll try to cover as many as I can, as many charts as I can. Okay, let me read some of the questions. Yeah, this is okay and high enough good place to buy orders for other things like science and momentum right now. Yeah, that's right Richard. It's good to combine other things. Stop loss maybe one tear below I wouldn't say thank you so much. Thank you all. So you can also do the cell if you want. I mean, I was, like I said, I'm only encouraging you to buy for XAUSD because we want to be following trend. Right, you can go in for the cell as well. You can if you want, technically you're kind of like playing the pullback if you get in for the cell you're kind of technically playing the pullback right but again it's going against trend so if you want to stay on your own risk. Okay, let's move on to the next one. So with a lot of requests on BTC USD. Let's go BTC USD. I haven't traded BTC USD in a long time. I'm actually a Ethereum trader. I don't trade actually I buy and hold. Okay. What do I see with BTC? Let's start with the daily. Honestly, the only thing I see with BTC. Okay, the only thing I see BTC. Let me try to find something. Oh my goodness, really somebody else is using my phone. Okay guys. Give me one minute. I'm so sorry I really do not know who is using our accounts. This is a totally different account and I'm still being locked out. I'm going to use my own personal account. I'm going to use my own personal account if someone still docks into my personal account. That means I'm being hacked. Okay, I hope you guys can. Yes, I do use Sibonacci to extension very often. Yeah, not sell at 1880. I mean buy at 180. What do you think goal is going to go for the entire week? Let's quickly look at that. Don't worry. Guys, I think I actually can do analysis very quickly. For the entire week, I think there's going to be a pullback and then a continuation of the option. But it looks like it's time for a pullback because it's very unnatural for price to move in one straight direction. You know what I mean? See like it moving that one straight direction and it's time for a pullback. In this case, it didn't pull back and continue. In this case, it pulled back and went the other direction. If this pulls back, I hope it continues in an uptrend. If it doesn't, it's going to continue. It's going to go back down already. Definitely a pullback first and then later on goal will decide. I was pursuing before major news. On days that they are major news, I don't even treat. It's not worth it to me because I'm not a fundamental trader. So I don't trade on days that they are huge news. You will be surprised even though I don't trade on all the news days. I actually think I still make quite a decent profit from trading. What is my risk? My risk is always 1%. I never risk more than 1%. But my risk to reward is always 1 to 2.5 and above. That means if I have $100,000 account, I risk $1,000 and my take profit is $2,500 and above. That means I need to lose 2.5 times to cancel out one win. The reason why I don't need to risk a lot and why in one week, it's so easy for me. There are weeks where I do 8%. It's because of my risk to reward. I do very, very big risk to reward. There are a lot of times, there's even a time when I did 1 to 9, that means I was risking $1,000 to make $9,000. Sometimes when I see the risk to reward is not good, I totally just skip the trade and I don't trade at all. There's no reason for you to force a trade. In trading, there's no formal case. Don't chase a trade. There's no point chasing a trade because if you chase a trade, the chances of you losing is going to be high. I'm trying to get a direction for Bitcoin. The direction is not very clear for me. Clearly, here was a downtrend, but it looks like here is it still a downtrend? Are you still going on a downtrend? The trend is not very clear to me. Never mind. I'm just going to highlight some support resistance. If I have to call a very vague trade, I just need to call a one look and I need to call something for BTC USD. Honestly, I'll call for a sell. I'll just call for a sell to this area here. This is just a very one look kind of analysis. That means my confidence level is not that high. Let me try to see if I can back up why I think this is a sell. Give me a sec. Let me do some trying to find reason for this to be a sell. I'm getting more and more confident with this sell. One, two, three. One, two, three. Let me see if I can get anything from here. One, two, and three. Okay guys, I'm very, not very, and there's a strong chance price is going to react off here. There's a good chance price going to react off here and you can get in from this set. Okay, why? Okay, so can you use the 30 minutes timeframe for the next application? Yeah, I can. I usually use bigger timeframes. I think there's a sell but wait for confirmation. Yeah, good. That's right, Hasan. We're from, I'm actually, I'm based in Singapore, but I'm actually Malaysian. Okay, okay, so why I think it's a sell. Okay, guys. Okay, I'm going to have to show you an analogy so that you can better understand me, but especially for those who are here for the first time for the new attendees. Okay, so this guy's name is Bob. Okay, his name is Bob. Oh, sorry, I drew Bob's legs away. Okay, he's walking to the right. He's walking to the right. He reaches the door. Okay, if the door is unlocked, okay, if the door is unlocked, this door is made out of very light wood, blah, blah, blah, what not and what not. Okay, Bob will open this door and he will enter into the next room with no problem. Okay, he'll enter into this next room with no problem. Okay, but in the event Bob gets here, this door is locked behind the door, there are boxes. They are very, very heavy boxes. Okay, when Bob gets here, he will have no choice but to turn back. Okay, so similarly with the charts and price. Okay, we're going to pretend support and resistance is your door. Okay, the strength of your support and resistance is determined by Fibonacci levels, indicators and technical analysis. Okay, that lines up in this level. Okay, so right now price is at the door. Is price going to reverse here? Or is price going to open this door and move on? Okay, that is the question. Every time I identify support resistance, that is the easiest question do I have to ask myself, is price going to reverse here or is price going to go up? If it reverses here, it means I go in for a sell. If it breaks out from here, it means I go in for a buy. That's it. It's as simple as that, honestly. Okay, there's nothing about trading that you need to complicate. Okay, so price is at a door right now. It's clearly at a door. Right now, this door has a 78.6 Fibonacci expansion. It has a 61.8 Fibonacci retracement and has a 38.2 Fibonacci retracement. As a trader, when I see that there are so many Fibonacci levels lining up in the same area or the same zone, it makes me feel that our door, behind our door, there's a lot of heavy boxes. And therefore, it's going to be, I won't say it's going to be, it's impossible to open this door, but I'm just saying that it's going to be hard for price to open this door. What is your capital? My capital is 700,000. Sorry, 600,000 US dollars. Okay, it's going to be hard for bought to open the door and therefore it's going to be hard for price to open. There's going to be hard for price to break this area and therefore it will need to reverse. Okay, and when price reverse, that's where as a trader I will get in for a sell. Okay, everyone good. It's my analogy clear. I'm sorry. This is the only analogy I can think of. It's my example clear enough, like why I think it's a sell from here because number one, there's a door here, number two, I feel like there are three boxes, three very heavy boxes behind the door and therefore prices. Our box is going to have a hard time pushing the door open and we'll have no choice but to turn back. Okay, that's exactly why I will consider a sell from here. Okay, I will consider a sell from here. Okay, I'm not saying that it's in price cannot break through here. If the upwards momentum is so strong if Bob is someone who has a lot of muscles. Okay, Bob goes to the gym a lot. He will go to this area and he will break the door open. No problem. He will push all the boxes behind no problem because he's super strong. But let's say Bob is someone who is super weak. He's super scrawny. He's super tiny. He's going to have a hard time breaking the door. Similarly, if price, the momentum for price, if the volume and the momentum for this upwards momentum is not strong enough then price is going to have a hard time breaking it and therefore would need to turn back. And when it turns back, I as a trader, I'm going to get in here for a sell. I'm going to get in here for a sell. My take profit. I need to consider the take profit in a while again. But the most important thing is I know I'm going in for a sell. Number one in trading for me is to identify whether I'm going in for a buy or sell. So, BTC USD, I have identified when price comes to 21600 area or 21 this area this box area here. Which is 21600 to 2200. This is the area I am going to consider getting in for a sell. Do you use daily time frame to decide the direction or also files. Yep. So I usually use daily to first decide my directional bias, and then I will go to four hours to kind of refine my entry. So on the four hours, I'll find the closest possible entry that I can find. In this case, if I'm looking at the four hours. I think the best entry for BTC USD would actually be here. Sorry, would actually be here in this area. Okay, so if price gets anywhere close to 21500 area I'm going to enter for a sell. Where do I sell it to. So if I'm looking at the four hours time frame, you can use this super long one if you are a swing trader you can consider the super long one. Okay, but I am a day trader so I don't usually my take profit you don't isn't usually so far away. Okay. I usually output to the closest swing high or the closest thing low. In this case the closest thing low the closest key level that I see is here. So this will be my take profit. Okay, this will be my take profit. This will be my entry area. Okay, this will be my entry area. Why is it not turning. Why is it not changing. It should change to take profit. Okay, then mine is my take profit. This is my entry area. Okay, this is not the exact number for the entry but this, this whole area here is the entry. Okay, my stop loss. I'm just going to put it right above this entire analysis here. So this is going to be my stop loss. I'm going to put an arrow so that I, it's very clear. I'm going to get rid of all the noise. I'm going to get rid of all this. This is very noisy. I'm going to change this to blue so that it's like when I look at my charts, I want to be like it needs to be very clear and concise to me. Right. It has to be very clear to me. So anytime I lose, I associate the color red with a loss. Okay, so I change stop loss to red. Okay, so this is what my analysis will look like. Okay, now I'm done doing my analysis. I'm going to combine this with indicators to see if the indicators agree with my analysis. Look, I can find analysis right. But if I pull out the indicators and the indicators tell me a different story, I immediately scrape the idea. I immediately do not enter the trade. There is no point forcing trades. Okay. There is no point forcing trades. Yeah, there is consciousness where it is right now. Okay. So I'm going to pull out my three favorite indicators, which is the Kessix RSI and Ichimoku. Okay, so Ichimoku doesn't really agree with our analysis. Why? Because based on Ichimoku, it is on an uptrend. But technically, if you think about it, even if price pulls back, oh my goodness, what is going on. Okay, I accidentally click on some, do you want to exit? Yes. Okay. Even if price pulls back to this area, it can technically would still respect the Ichimoku cloud. So I would say Ichimoku is not agreeing with this style, but it is technically not going against Ichimoku either way. Okay, let's see what Stochastics is saying. And let's see what RSI is saying. Okay, Stochastics is saying that it's time for a pullback, it's time for reversal, it's already at the overbought area, it's time for pullback, around this area, it's time for price to pullback, right? Okay, so Stochastics is agreeing. RSI, okay, if I'm really being very honest, I feel like RSI is telling us that it's an uptrend and yeah, it's going up, price is going up. Okay, so RSI is not really agreeing with us, Stochastic is agreeing with us, Ichimoku is not really agreeing with us. Okay, so now that I see that, I immediately feel, let's say I was 90% confident of this trade. Now that I look at indicators and the indicators are kind of like not really supporting my analysis, it makes me feel like, okay, I'm only 65% confident about this trade. So then this is up to you. Do you want to take a 65% probability trade? That's totally, there's a bearish divergence. Oh, I did not see that. Let me see that. Okay, so RSI, I don't, I guess that it's kind of a bearish divergence, right, there will be kind of like this breakout here, which is a sign of bearishness, okay, not very clear yet. Hi, you can get the recording straight from TickMeal. Okay, so now that I feel like I'm not very confident with this trade, like this analysis, do I still go in? So you have two options, number one, you totally don't get into this trade. If you are not confident with the trade, number one, do not get into the trade, if you are not confident. If you do, you can still get in, go in at a smaller log size. You can go in at a smaller log size. Okay, sorry guys, I'm not really answering your questions, I do see a lot of questions coming in, but I have 10 more minutes to go through one more chart. Okay, so do not get in or get in at a very small log size. So in this case, I think I have, I think 65% chance that Bitcoin is going to do a pullback. I'm not like very, very confident, but I think there's a good probability that will, okay, this trade is a kind of one to two trade. Okay, this is kind of like a one to almost, sorry, let me see, a one to two trade, meaning if you have $100,000 account, okay, you are risking $1,000 to make $2,000. Okay, it's kind of like a one to two trades. Honestly, when I look at this, I just feel like I would much prefer a higher trade. So usually my stop loss will be a bit tighter. Your stop losses, the higher your risk to reward will be, then that immediately brings your trade to one to 2.5. Okay, so do you want to take this trade? It's a 65% trade that's entirely up to you. I personally would not take this trade because I am not, I don't trade Bitcoin. Okay, but let's say this was gold and it was 65%, I would take it. If it was gold, I would take it because that's good enough for me. Okay, so stochastics like I was saying is 21, 5, and 3 and RSI is 14 and 21. Okay, I've got 10 more minutes. I'm going to quickly do one forex. Let me scroll back. Someone was saying something about, I think Richard was requesting something for forex. It's a GBP USD. Oh, it's not. It's Iliabu. Okay, GBP USD. I'm going to do a quick one. Okay. Then I'm going to read some impressions. Oh, don't like this. I don't like it when structure is not clear. Okay, there's two ways to look at this. Okay, there is two ways to look at this. Number one, I see a uptrend. Number two, see it's making higher highs, higher lows. Okay. This is still an uptrend. Okay, number two, kind of makes me feel like you want to do a downtrend now. Okay, although it's not really that complicated. If it turns here, it makes me feel like you want to do downtrend. I feel like this area here is starting to give you a little bit of confusion or a little bit of possible reversal. Okay, let's hope it's not a trend reversal. Let's hope it's just a pullback. Okay, so whenever you do an analysis, you need to decide how many indicators you use usually I usually use three indicators. I usually use three indicators. I'm sorry if I'm not really there are a lot of questions up there haven't really answered. Let me quickly do this analysis and then I will try to answer some of your questions. Okay, let me try. Channel. It's kind of moving in a really big channel. Okay, there you go. On the daily timeframe prices moving in an uptrend, this area here. Okay, prices moving in an uptrend. Okay, so we're going to be biased that prices and uptrend. Okay, that means we want to get in for a buy. We're going to look for support resistance. This is a very good support area. This is a very good support area. Okay, just a very quick analysis. This means that it's not 100% accurate. Okay, it's not a very means it's not very high probability. Just means like, it's just a very quick overview. Sorry, this is really. Okay, if I had to decide where I think GBP US is going, I think it's going to pull back and I think it's going to come back here. Okay. I think GBP is going because it needs to move in a zigzag, right? So it's going to do this zigzag. Okay, that's where I think GBP US is going. It's going to do like a little pullback. And then here. Okay, if it doesn't pull back to there, I think it at least will pull back to share. Okay, but let me see where's the most highest probability of pullback. I'm not saying a lot. There's not a lot of people actually levels. The only level I can consider is this first support area. Okay, if price pulls back to kill this the only area I'll consider getting in for buy. If it doesn't pull back to there, then just miss the tree. They just skip the tree. Don't you don't have to pause it. Problem with GBP now is that confusing. Fundamentals for the incident group policy, another pair that would have been much better. Yeah. Okay. Don't really have time to do a USB. So I'm just going to quickly do. I'm just going to quickly do this. Okay. This is just a very rough analysis. Okay. It's just a very rough analysis. That means that I'm not very, I don't think for sure that it's going to go up. I think there is a chance it's going to go up. Like how confident am I? If I have to flip a coin, if I have to flip a coin, I think Christ is going to pull back here and then bounce from there. That's why I don't. Okay, for my own personal trading, I don't usually look at so many charts. Like I said, I'm only a XAUSD trader. Why? Because one chart alone is enough to make you a lot of profits. And one chart alone is enough to make a really good analysis. Okay. If I don't think this is a high probability trade, I'm just giving a very rough analysis that I think Christ is going to pull back here. And then from here, it's going to bounce back up here. Okay. That's all I have for GMPUSD. How confident am I with this? It's a really flip a coin thing. That means I'm 50-50% or maybe 60% confident with this analysis. Whenever my probability of analysis is so low, I usually skip it. Okay, I usually skip it. Okay, let me try to answer some of your questions because I did say to ask questions. I'm so sorry, Mary, we've run out of time. And let me scroll. I'm sorry, there was a lot of questions that I missed because I was trying to do analysis. Okay. Do you ever use Fibonacci extension as a probability place? Yes, I do use Fibonacci to find probability when I am using Alien Wave to trade. Okay, so in this case today, we did not use Alien Wave. Today, we use the traditional TA, we use support resistance, we use trend line, we use Fibonacci levels and we add in a bit of indicator. So this is a different style of technical analysis, but when I am using Alien Wave, which is this. Alien Wave is because price is always moving in a wave, right? So you can kind of predict, one, two, three, four, five, you can kind of predict where the pullbacks are going to be using Alien Wave. Okay, so that's when I use Fibonacci to find my TP. Go entire week, I've already answered that, the position before majors, I do not trade when there's news. I continue upgrading and seeing new stocks. Yep, I think there's a possibility for go to God as well. Good one, Richard. What is your risk to reward? I always try to do one to 2.5. Okay, there are times, I try my best to do one to 2.5, but there are times I do do one to two as well. One to two is the minimal, minimal I will do. That means I risk $1,000 to make $2,000. Okay, that's the minimum I will go. If I see a one to one trade, I don't even take it. I just look at it, I'm just like, it's not even worth, it's not even worth the risk. I don't really wear. Where you started is, I started as a swing trader, and then I slowly moved into day trading. I have never become a scalper before a scalper, I think in my opinion as someone who goes to 15 minutes, five minutes, three minutes, I've never been a scalper, I've always been a day trader. Okay, so day trader, I look at daily four hours, sometimes one hour, but usually daily and four hours is good enough for me. Here we in BTC, the major resistance, Peter and the big scale, then hello, BTC will be getting low income. Well, I think so. Yeah, I do think BTC looks like in the sell as well, but yes, wait for the confirmation. I don't think BTC will fall below recent lows as well. Thank you, Maysik. I don't think BTC will make a new note. Okay, but I mean it's too soon to say but just based on that, I do think it's going to be a little pullback, a little pullback is going to happen, but not. It's not a trend reversal. We already did XAOUSD Osman, so XAOUSD, I actually had two analysis, one analysis is a sell which I don't want to share with you guys because it's going against trend. The other analysis is a buy, so a buy from, I can't remember where is my price. There was somewhere around here, 1885, right, sorry, everything got deleted. I think you can replay this video after this to see what the levels are. Plans rescue center bang. I do want to type bang, side direction also falls. I usually use daily to look for direction then for hours to refine my entry, then if I cannot find a refined entry in a fall, I go down to the one hour to find an even refined entry. So sometimes you see the opportunity on daily, but you want to go to the smaller time frame to find the best possible entry because look, I can look at XAOUSD and I can say oh XAOUSD is a buy, right. But where is the buy from? Is it from 1890? Is it from 1880? Is it from 1870? Where do I get in for the buy? That's why you go down to the smaller time frame so that you can refine or forecast a better entry. Do you wait for rejection candle to take off? Okay, that's a very good question Sunny. Okay, so usually we will sell pattern candlesticks. Okay, usually I cannot teach you this today because we're running out of time. Okay, so usually when I do an analysis I find my entry stop loss and take profit. When price gets to my entry, I will usually look for a reversal pattern candlesticks as a confirmation. And then when I see the reversal pattern candlesticks, then only I enter. Okay, this is a bad classic. Sorry, I don't usually do this. This is just best practice. Okay, if you are someone who can sit in front of your computer all day and wait for the confirmation. Yes, I really recommend that you sit and wait for confirmation. Someone like me, I actually have a business running so after this I need to go to my own shop. I need to go attend to my own business. I don't really have time to sit in front of a computer all day and just trade and trade and trade. I don't usually wait for the reversal pattern candlesticks, but the best practice if you can, if you free and if you have the time, do wait for the reversal pattern candlesticks before you enter. Yes, good question, Sunny, would be the higher in area, area of congestion. I think you mean area of confluence. So area of congestion I think the same meaning of area of, yeah, confluence that's where you enter for your take your entry. Hi, this is a mere recording. You can get the recording from Tick Mail. Already answered this pullback. Never have to make money. Sorry, Richard, we don't really have time today to do one more analysis. So usually I will do three analysis, only if we have time then I will do the fourth one. Is there any way to get in touch with you personally? Yes, there is. You can look for me on Instagram, I guess. Okay, so my Instagram is just go on Instagram, add me, I'll add you back and then you can chat with me. Oh wait, maybe even, no, no, don't do Telegram because I don't really reply to Telegram. I don't even remember my Instagram name. Hold on. Okay, this is my Instagram, I don't really talk about trading there. I'm rarely on Instagram, but that's the one way you can contact me. Okay, you can contact me there, drop me a message, I'll reply. Wave 2 and 4, 5th levels. Wave 2 and 4, we trace to what 5th level. So wave, this is alien wave, that's a totally big topic. Oh okay, yes, you can also email me. Okay, if you guys need to contact me. What is the minimal capital to do day trading? There's no minimal capital, you can go $100 if you want. The point is risk to reward. I know a person who turned $100 into $4,000, you don't need a big capital. And then from that $4,000 you can turn it into $10,000 and that $10,000 can turn it into $100,000. Okay, so it's not how much capital you have, it's how good you are in trading. If you're good in trading, I can give you a $1,000, you can turn it into a million dollars. But if you're not good in trading, I can give you $1 million, you're going to turn that $1 million into zero. It is your skill that is important, it's not your trading size. Although I do think a bigger trading account will help you grow faster but not necessarily. So this is a wave two, a second wave four. This is a lot to do with, your question has a lot to do with alias wave. You just have to type alias wave rules on Google, there's a lot of rules. Ask customers to send funds to their account using take mail clients and research in a particular course on telegram, not that I know of. So Khadijah is asking does take mail ask customers to send funds to their account using take mail clients and reception for a particular course on telegram. This is not something I'm not I'm a victim and I lost one. I think you should let take me know. Khadijah I think you should let take me know I think you should email take me and let them know what happened. I don't, I'm not sure because we are just. So usually when we do this webinar for you guys we are just invited by take me to do this webinar so you guys I'm not really sure about the back end things you can please email take me and let them know. Okay. So, I'm so sorry, I, I have no alias wave is super super intrigued intricate. It's super hard. There's no way I can teach you alias wave in one hour. It's a super super hard thing but yes go read up on it. It's a good one. Okay, so thank you guys thanks for saying to this long. That's a topic for a different day as well we have a topic for each mocu on a different day. Okay so guys. Thanks for attending our webinar, I will catch you guys again. Next time so sorry we don't really have time we're already 10 minutes after this webinar because so the thing is this webinars are only one. Oh, okay. I'm assuming Alvin is Indonesian. If I actually do Bahasa Indonesia webinars as well. Okay. So, the thing about this webinar side is only one hour long so even if we go beyond one hour they're going to cut me off soon they're going to come you off soon. Okay so thanks for joining guys I will see you guys again. And take care I hope your trading account grows I hope you are profitable in trading. I hope you guys make lots of profit. Okay bye guys.