 Hei, gyda'r hyffordd gyda'r oficio yn London a'r hoffwyr dyna'r ffordd yw'r hoffodd, eich ddweud y ddechreuu'n gyffordd gyda'r hefyd yn y sefyll y Cymru. Y gallwn y gallwn y gallwn y mewn hoffodd o bwysig o ddweudio'r hoffordd y ddweudio'n y bobl. yng Ngwlych panfysg, a'r ydy'r ydych yn Ysgrifedd o'r Llyfrgellol Rydd yn y rhannog. Felly dywed o'r ddigonade am y ymddwn i ddweud hefyd yn y channel YouTube. Yn y ffordd o'r rhan o'r ddwyaf, ym mwrdd angen, angen i'r dweud. Ydyn ni'n dod, sgwr i'r ddweud o'r drosbell, yw ddweud rydw i'n gyfryd yn gydigol y mae'n rhaid i gweld. Yn y minell yma, os i ddweud hyn wedi cael ei cynllun oedd y mhentau, Gwylodd dddefnyddio chi wedi gwneud, nid oedd y cael ddulleydd yn y cyddeddau i'r demo, dus mae'n ddweud wedi gyd, neu'n ddweud oersi'r ddaddysgweithio, mae'n ddweud, ac mae'r casr yn olygu, mae'n ddydd ddweud o'r bobl mae'n edrych a gynnig yng nghymo i ddod. Maen nhw oedd bryd, ac mae'n cael cyfnod o'r disgwysgaf i'w Anthony i'w wrth gweithio. a we will talk about what were the headlines, was there anything that has changed on the macro environment or fundamentally, was there any data out overnight, was there any central bank speakers from the Asian session, how are markets looking. And if I was just to bring in, and we'll start off with say Euro, you know the most traded currency pair, how I would very much start each day is on a longer time frame. So here we're looking at the Euro and this is going back here to June to where we are now. So quite a clear trend to the downside, so that's something I would be making a note of. Obviously trading this market every day, you know you don't necessarily have to put it on the longer time frame to know that, but it just helps you establish where the market has been going and where it is likely to go through, unless there's been a change of anything as mentioned fundamentally. So for me what I like doing here is just marking up the key highs and the lows near where we are trading. So you can see we're currently trading at one eleven seventy five and a half on the futures. Now I'm just putting in these important highs and lows almost to contain the range as if there was to be a breaking story right now. I'm already aware of what is happening. And also if I wanted to be super vigilant about where price could go, I could make this time frame even longer and put it on to say a weekly chart and then suddenly if that low of the year was to break where I'm already aware that we've got the high of the week of the 2017 May that price could go to and find support from there. Back to the daily chart. So this is as mentioned something I would do for each product just as a way of starting fresh and identifying where price you know if it was to go to we could have an area of support or resistance a similar reaction to the ones we've had previously. So I'm lining up here just the those highs the highest points or the lowest points where price was before we saw a reversal or a breakthrough and so on. And at this moment here is where I would drop it down to you know four hourly chart and I would as mentioned do this for every market that I trade and by this point there's no moving averages on or the RSI or Fibonacci as of yet. I want to keep it relatively simple at this moment and you know here is is then where I would just put it on to say 240 as mentioned four hourly chart just to see is there anything that I'm missing where are these really key levels that I need to be aware of. So again I'm just going to mark up this one because for whatever reason you don't necessarily need to know on the 2nd of August the buyers took over and we haven't come back since. So if we were at any point today to drift down to 111.07 could half expect a similar reaction in the market. So just looking at this market here you can see well we've had a previous range that we've just broken through so as we know support when broken can turn to resistance so that's a really key point that I need to be aware of. Also to the downside we almost made it yesterday but we had a really key level of support before that I need to be aware of now that we've broken through. We broke through 10 days ago so if we were to come back to test that and we almost did yesterday another level that I need to be aware of. So I've gone through the daily I've gone through the 240 I spoke to Ant to see if there's anything fundamentally that I need to be aware of any data points that are coming out and out of the Eurozone this morning was quickly switched back to the calendar you can see there's nothing. So I'm happy to take a trade on any time from now until the afternoon when we have some US numbers unless there's any central bank speaker that I need to be aware of or any further developments maybe on the trade side if Donald Trump is up and tweeting. At this moment here in 60 minute this is when I look to add other technical tools so here I could add the pivot points that majority of intraday traders will use and you can see here just how well the pivot was respected yesterday and we had a good reaction to the S2 as well so just looking back previously I know the market is paying attention to these points and I have you know confidence that they could also act as support or resistance entry points or targets today as well. I'd also get a bit more intricate with say trend lines so for example from the top here I want to see is there anything that I need to be aware of and you can see I've got a really nice trend going here from the 6th to the 7th to the 13th and I'm not trying to over complicate things I want to be looking at the levels that the majority of the market will as well and pay attention to those points I'm not looking to be in say five six trades by the time it's already midday I'm lining up where I see the best opportunities what will the majority of the market be thinking should price get to whatever point so if I just label this area here as or call it a for me this point here is better than say the pivot reason being that we were contained by this this range here from the lower 12 we just couldn't get through it it's also the 112 handle and if we move to the left hand side we have a lot of noise there previously where price just couldn't get through and once we eventually did we then found support so the point being here if we were to come back towards that area you know letter A and we've also got the previous low yesterday morning for me this would now offer a good level of resistance to then continue the move from here to the downside so that would be a strategy for example that I'd be looking to to take on and I'd also be starting to plan where would my target to be where would the stop need to be not defined necessarily by how much risk I want to take but how much I need to give the chart to let it breathe so if I was to say make this my entry it would be a stop loss above say this previous low here so giving it enough room targeting back down towards previous levels of what would then be support and I can already have a predefined risk reward from what the chart is telling me now does that then make sense with my risk parameters that I trade with in this case it does and I'd be happy to take this trade on so if we were to come back to 111.90 there's no new headlines the correlation so anything to do with the euro or the dollar remain as they are at the moment for me it's a great trade that I'd like to take on and would it would also be happy for that not to work because I planned I've gone through this process from the longer term chart I've seen is there any trend lines that I need to be aware of the pivot points have acted quite well so you know it's technically trading nicely we've broken this range I'm happy to take this trade on alternatively to the downside it might well be that this market having broken this range and we've seen a bit of dollar strength come back into things it might be that we don't drift higher and we actually come down to to test this lower area again so I want to be thinking about this so where we've got this rectangle here I'll just remove it if we were to break this area now got to be starting to think about well where's the trade opportunity from that point of view and it might be that just dropping this down to 15 minute what you can see is we are starting just to trend higher so from last night we've got this this trend line in play here that we just can't break through so the opportunity I've now start thinking about is if this trend line was to break and I want to be marking up those key levels of support because they would be my targets so a trend line break targeting the low of the morning yesterday's low and you can see by doing the longer term analysis even though you can't see why I would have a line at 111.48 and a half I already know that from that longer term chart that it's the low that we had back on the 5th of August a three o'clock where the buyers really took over and I can have my targets set up there so I'm planning ahead of time where my stop losses my targets my entries would be and in the right conditions for that to trade now there will always be you know times where maybe I'm not too sure about a market so I developed something like with a line in the sand and for the s&p so I've gone through the whole you know 60 minute 240 daily and with the s&p over the last couple of days you've seen big move to the upside and to the downside that maybe I'm not too sure about what will happen so here we've got the low that we had back on the 13th was also the retest high from yesterday and also the pivot this would be a point where maybe I want to see what happens here and it gives me my guide to I've looking to say go long above where the buyers will come in or if that was to hold well the sellers can take over so I can wait to see what happens on the 15 minute candle the 5 minute candle before making my decision and then being aware of where the next levels could be should price react to that point or break through or hold as well I hope you found this useful um we'll be doing more of these for sure and as you can see like share and subscribe to our youtube channel and any questions you have on this feel free to to let me know and I can take the time to get back to you