yeah what's good guys welcome to daily bias part three where we'll go over charts again um this is kind of just gonna be like a recap sort of thing um recapping uh like how we find our daily advice I guess um and we're just gonna do a little bit more of what we did yesterday okay so again what are we what are we trying to figure out first thing or so like the reason why I mentioned like the weekly time frame is if we break structure to the downside on The Daily but we're in a
bullet but we're in an uptrend on the weekly odds are it's going to be a weekly retrace and that's just something you have to keep in mind right and that's something you should keep in mind for every single time frame is whatever the higher higher time frames hold higher power and are going to cause the market to move in that direction right so if we're looking at the weekly and we see breaker structure to the downside on The Daily like this right odds are it's going to be a weekly retrace so what can we do
right for something like this we can use our retracement tools Okay so ideally I would have liked the weekly time frame to come into the to equilibrium at least right or fill this fair value Gap and that's kind of what I was banking on this past week because it was underneath this monthly low price did not decide to close underneath the monthly low as as I thought it would okay and that's fine right I'm completely fine with that it broke structure to the upside on the monthly again though economic climate looks awful so what does
that lead me to believe well there's liquidity again on the monthly time frame all the way up here so where where is the where is Price likely going to draw towards here or here right and then cause a reaction off of it I do I personally don't think we're done um personally that's just how I feel um and uh yeah that I don't I don't know that's just how I feel that's just how I feel on it because indeed the news data is telling us you know we still got [ __ ] to work out
bro like there are too many people that are still rich and that still have all their money from this covered [ __ ] and my ideal Target and sorry this is getting way off track but this is good information anyways my ideal Target would have been to take out these coveted lows these lows that were made through covid where most people were probably buying after we were able to take back after we were able to reclaim all-time highs after this big dump this was smart money this was the rich getting richer liquidity sweep launch okay
all dumb money entered off of all-time highs getting taken out this is where people got rich right from like here up to here right that's where people got loaded off of just covered stocks booming and then we restructure to me this has this move down hasn't really done anything ideally right this is a quarterly order block why because we swept liquidity moved higher we didn't come near it what did we what did we fill with this we didn't feel like really anything maybe we hit equilibrium but other than that barely hit equilibrium I think this
thing wants to go lower um like this is not this is not enough this it like ideally on a high time frame one tiny Wick during one week that's not enough time for smart money to fill their orders right it would make sense for it to take out these coveted lows fill this order block and and then we we liquidate all the people that got rich during covid and that's essentially why we have to fix this inflation [ __ ] because we were handing out money like nobody's [ __ ] business during covid we were
handing out we were literally handing out money to to like handing out like 2.8 k bro to people who didn't deserve it and to people who didn't need it and what were they doing they were buying stocks they were investing you guys remember back in covid when um freaking investor Tick Tock was going crazy these are the best stocks to buy with your stimulus check Doug are we being for real right now so anyways like cool we broke social the monthly this is the next draws on liquidity I still think we're going lower um at
least to take out like these two lows okay but anyways we're getting we're getting too caught up here now okay so back to daily bias I like to look at the weekly to understand okay if we get a daily break of structure the downside and we're in a weekly uptrend we should understand that okay we need to use our retracement tools to figure out where price wants to draw to okay and keep that in mind while we're trading on The Daily okay then we get over to the Daily and we figure out okay what is
our daily bias what is daily Market structure oh we got a breaker structure the upside cool we're looking for buys and then from there scale down into the four hour okay what is the four hour time frame saying buys perfect even better for long positions what's the one hour saying buys perfect even better for long positions and then what do we do when we scale down to the 15 minute we or sorry what do we do on the hourly in the four hour we use our building blocks to find those High Confluence areas to take
a trade so like here there's not much right there's there's really not much on on this shirt that's why I didn't trade the s p on Friday but like to me I see liquidity lying underneath underneath these hourly lows massive imbalance within here another imbalance underneath here you could consider this candle the downside in order block why because it swept these lows caused a rally higher orders were filled okay so these are the things that you want to mark up and then when price comes into these high Confluence areas then what are we doing on
the 15 minute on the five minute we're mapping out more High Confluence areas on the 15 minute okay so right maybe we come into this imbalance what what's a Confluence right this is Confluence on the hourly right so we have high time frame Confluence along with what are we trying to find now low time frame Confluence we have liquidity underneath here maybe we see a liquidity sweep then a breaker structure on the five minute perfect along that [ __ ] right because the daily the weekly the four hour the one hour and the and the
15 minute is giving us confirmation right daily saying bullish weekly saying bullish four hours saying bullish one hour saying bullish 15 minute is telling us execute that's what we need to do yeah you're probably saying oh there was a breaker structure on the 15 minute right here to the downside dog it's a one hour retrace remember keep that in mind 15 minute break of structure one hour retrace one hour regular structure four hour retrace four hour break of structure daily retrace daily breakup structure weekly retrace higher time frame holds higher power so that's why we
want to keep our bias on the high time frame and we can't get skewed by these low time frame bullshitized moves okay so when you see a 15 minute break of structure don't be like oh are we going bearish no stop getting trapped into the low time frame bias because it's really easy to do that a lot of you guys see a breaker structure on the one minute and instantly think the whole chart's gonna go down forever a one minute break of structure could very well just be a five minute retrace bro so with that
being said we used High time frame Confluence with with low time frame execution to get long-term trades that run pretty far okay and that's what that's our goal right because yes you might see a break of structure on the five minute and yes you might get a couple points or a couple Pips but guess what if it's in the opposite direction you're getting this small leg versus what you could be getting is the big leg to the upside small leg down big leg to the upside which one would you rather take would you rather take
the retracement or the extension me personally I'm taking the extension every single day that's what I that's your goal every single day is to be taking the extension okay so when price is not in line with your daily bias you're screwed Okay so boom right High time frame figure out your confluences four hour there's really not much to go off of hour there's a little bit we have liquidity underneath hourly low imbalance liquidity underneath this low imbalance order block right and you know if it comes in here and then gives us no reaction cool we're
not executing that's the great part about this right when I'm in my zoom call I map out all these areas and I'm saying you know like if it comes here and gives us a reaction cool we'll execute hold on foreign but if it comes into these areas and doesn't give us and doesn't give us a reaction what do we do like it was never there because it didn't give us a reaction and it didn't give us the move that we wanted so we don't care about it anymore okay so that's what you're trying to do
so that's how you do it on the S P we'll show an example on uh gu now I that wasn't all right dude I swear like okay all right I still need to clean these stamp charts after this Discord soon calls all right bro and I need to blow my nose again whatever anyways this is a perfect example perfect example of the daily and weekly thing okay so we're in a downtrend on The Daily but weekly we're not quite in the in the imbalance yet so what are we trying to do right bearish bearish trend
on The Daily so what are we trying to do we can find Confluence on The Daily for where price would like to draw draw towards okay and we can use that as price points as take profits for our very small time frame trades because the weekly isn't even into a discount yet that's like the bare minimum that I look for for retracements is it even in a discount because to me that's everything that you would want to see so for this right Weekly's in an uptrend daily is in a downtrend perfect we're not taking ideally
we're taking shorts because of the dailies in a downtrend right but we understand that this downtrend probably won't come all the way down here why because the weeklies in an uptrend so where are we looking for price to draw to first place would literally just be coming into a discount second place scale down this Lake here order block why boom big big big leg down taking out liquidity boom rallies higher off of it orders were filled with this move down what else we have like this within here imbalance also in a discount right all of
these things I'm just marking out on the chart and I'm saying yeah if it comes in here cool perfect I'm taking it right what else we have we literally just have like liquidity underneath these lows if we go into the hourly we've liquidity hourly liquidity here hourly liquidity here foreign going to the Daily okay where's the order block that caused this entire move up the move down that caused this entire move up right here cool maybe price wants to Boom come up here right this is these were the shorts that we took today or sorry
yesterday we took the shorts off of this right and this is probably something we could have held over the weekend but I just don't like doing that because guess what what are the odds that this thing ends up turning around yes and this is another thing yes the four hour broke structure the upside but look at the daily look where the Daily's at all the way up in a discount what happened to the hourly we broke sure to the downside that's kind of all I need so you're probably saying oh the four hour broke broke
structure to the upside we'll let's loot use our heads sure yeah the four hour broke structure the upside maybe I don't want to take a short underneath in a premium but once it gets up into a discount once it gets up into oh what's this a four hour order block sweep of liquidity extension down and I'm seeing reactions on the 15 minute and on the five minute along with price coming into this was the Confluence that we took out off yesterday along with price coming into an hourly order block here makes sense to go short
we're in a discount we're in a four hour order block we tapped into an hourly order block and we saw a reaction on the 15 and the five minute and then what then then what does that give us a daily trade where we can then Target daily take profits First Take profit off a five minute execution boom discount literally could be this low liquidity an extra on liquidity in a downtrend the next round liquidity in a downtrend is just the most recent low then we have the discount level then we have liquidity here and then
we have the order block here keep it freaking simple that's all we need to do okay that's that's the that's all we need to do and then we're still keeping in mind that hey the weekly we're in an uptrend okay but we're not going to we're not going to have bearish bias until we break structure back to the upside on the on the daily because what's that telling us that the weekly retracement is over daily downtrend weekly uptrend right the daily the dailies the daily is breaking structure to the downside it's a weekly retracement once
it breaks the structure back to the upside cool that means the next extension the next leg up for the weekly is ready to go does that make sense moving forward this one's a funny one actually I like this one I need to find that Minion picture and just save it that's actually a very funny picture okay anyways gold what are we looking at weekly downtrend okay where would be confluences for us okay where would price likely want to draw to innate answer and on the weekly this is something where it's like downtrend on the weekly
uptrend on the monthly keep that in mind who really cares because that's such high time frame okay weekly we're in a downtrend we're currently within this imbalance but does that really matter with our daily bias not really right Weekly's in a downtrend Daily's in a downtrend cool what are we looking for retracement tools cool we're in a discount scale down oh look at that we just filled an imbalance scale down to the one hour what's this right here hourly order block boom we push higher took out these highs capitulation lower pretty much filled past this
already we're within the hourly order block now so what what would we be waiting for right since we're in a daily discount sure the four hour broke structure to the upside but remember just because the four hour broke structure to the upside what what does that mean daily retracement so yeah we've already retraced on the daily we're in a discount so we're looking for reversal points for price to come down take out this load for price to push lower where are where are our draws on liquidity where is Price likely going to pull towards on
The Daily Now daily liquidity daily order block in like literally this whole thing is an imbalance I'm not going to mark that on the chart because we can just eyeball it okay you can even Mark the top of this because this could potentially be an order block as well why boom move down big extension up yes this is like technically the move down before the breaker structure the upside but this you can see boom leg down biggie centered up after that right so those are our draws and what are we waiting for we're waiting for
a confirmation on the hourly on the 15 minute for execution points do we have a breaker structure the downside on the 15 minute yet no we don't so are we going to execute also 15 minute imbalance right these are the things that we want to look for okay daily downtrend weekly downtrend four hour uptrend but we're using for our four hour building blocks to find an execution Point within the four hour building block okay so what do we have within here 15 minute fair value yeah 15 minute imbalance also hourly order block okay so this
whole price range right why do we use our building blocks because it's price range that are high Confluence for orders to get filled for price to go in whatever direction we think it's going to go that's all this is it's just high probability price ranges and we're executing off of confirmation okay so what what what are we waiting for waiting to happen a breaker structure to the downside from the 15 minute okay maybe we want to see price come all the way up into this 15 minute water block 15 minute order block within the hourly
order block cool we're not far from it we haven't broke structure yet might as well Mark it out this whole thing's an imbalance we're within an hourly order block right now so we're literally just waiting for confirmation confirmation to the downside on Lower time frames to go short and then where can we target those daily areas boom daily draw and liquidity here daily draw and liquidity here potential order block potential order block that's take profit one two three four and the crazy part is you don't even have to Target that [ __ ] but you
can just have it in the back of your head sure maybe if you want to hold your trade for like three or four days I don't like doing that because the great part about this is when we get a break of structure off this this is likely what it's going to look like here first take profit drawing liquidity second take profit drawn liquidity that's already a one to [ __ ] four our first take profit on The Daily time frame would have been a one to four point seven nine risk reward right if we were
to Target all the way down here with our multiple take profits that would be a one to 13.5 risk reward bro that's crazy that's like passing like a funded account and a half off a trade if you hold it all the way down there would I do that hell no because I take partials okay because I like to take profits all right but hopefully this video helped you guys figure out your daily bias um and like I said you know tomorrow's video we're gonna go into I'm kind of spamming the trading videos right now because
hopefully you guys have the discipline down hopefully you guys have the risk management down that [ __ ] should be damn near robotic now we did the trading plan video like what a week and a half ago if you don't have that down by now you're emotional and you need to fix something you need to get off live you need to get you need to go to demo maybe you just need to take a break from Trading and make some money so you feel like confident in yourself to even like even have the potential to
risk money in the future right you maybe you can't maybe you're still trading demo and you're still getting emotional about it because you're like I can't wait to go to live that is not the right headspace to have okay so that being said daily Bryce is wrapped up we're going to get into taking profits and we're going to get into stop losses in the next couple videos um and then from there I'll probably do another check-in let's figure out where you guys are at figure out what you guys want to see more from me and
then we'll go from there um hopefully you guys are hopefully you guys appreciate this video per usual I appreciate y'all um and I will see you boys tomorrow all right peace out
