okay what is up this is exactly how I made $8,700 trading the second hour of Asia on gold and we'll go through some learnings that I've had recently and a bit of a Epiphany um around what is actually important in trading what actually makes a good trade because uh when you actually know what a good trade is what it looks like what it feels like everything else becomes so much easier uh so I took a sell and might be you know a bit weird you know gold is extremely bullish but um actually the have Asia
it was looking very nice that so on the forecast on the analysis um I was looking for sales um as we were kind of overextended in range bound conditions so we had these range highs the top here range bound conditions coming into an air of Interest so um I was really looking for it to push bullish into an air of interest at the open so um this was just before the open of the second hour we had a type to shift bullish so I was expecting it to push bullish um in the first you know
15 minutes and then have a reversal 15 to 30 minutes into um that second hour kind of like yesterday how um I took buyers here yesterday um 15 minutes and you know those potential buyers 30 minutes in but I took these 15minute buys um for a correction of the previous move uh I took the exact same sort of trade just in the opposite direction uh today where we had this you know big pushup and I was just taking a um you know reversal here so we'll go through that I took three trades one was a
break even and we had two winners where you know the third trade was a was just me adding to my existing position um so we'll go over uh correlation first so going to Silver what was silver looking like at this point in time so I love correlation I think it's you know amazing for fighing Direction and entries um so at the open of the second hour this green box is the first 15 minutes of the second hour of Asia um 13 12 13 minutes into that we had this big shift bearish breaking these lows here
and it was looking pretty nice pretty amazing silver was as well very range bound um and you know trading is all about adapting to conditions so um I can take sells near highs Buys near lows when it's more range round this will work every day of the week uh but when it's directional and I try to do that probably not going to work very well um so uh everything has to be condition specific if if it is a range um I need should be able to adapt to that so the main two factors you want
to always keep in mind in your trading are confidences and conditions think as your competences as your strategy your conditions as you know the market conditions you always have to choose the right competence um and apply that to the right Condition it's like you know um putting the puzzle piece in the right corner um every single day the markets give you a new puzzle uh and you're going to use your confidences you're can to use your skill to put those confidences in the right order for that puzzle piece or to you know fill out the
the pattern if that kind of makes sense uh might just be yapping uh but yeah at a range you know gold tapping into the high of that range had a big rejection to the low uh so silver was looking really nice with that um and what was dollar Index so this is a dollar spread chart this tracks all um USD Forex pairs uh with dxy so I used to just look at dxy but now I use spread with everything so this is just tracking US dollar strength um and US dollar actually was correlated at the
time uh my first sell on gold um I was taking was expecting you know dxy to reject this interest to push bullish here um from this area of interest but it just blew straight through so uh we'll go through how I managed that but what was uh gold spread chart looking like so this is a gold spread chart this tracks everything uh gold against every single other currency so this is like the strength of gold on itself um not in relation to the the dollar so I have one spread chart which tracks dollar strength I
have one gold chart so one spread chart which which tracks gold strength so I know exactly every single day how strong is gold how strong is dollar how can that I can use this to this you know sort of uh more information to you give me more accurate um Direction and entries with that uh and you know I like I like having silver I think of silver as like a higher volume version of gold just some added you know confidence and Confirmation there so first buy was uh 15 minutes into the hour um just for
you know around that 50-minute interval so as we you know kind of covered in the last video you will see a change in directions a change in Direction around 15 in 15 minute intervals so every 15 minutes there'll be more likely to be a shift in Direction so if we kind of um get up this you know this is kind of more range bound but we have a change in Direction around 50 minutes in we have a change in Direction around 50 minutes in change in Direction around 50 minutes in um so I find it's
more likely for you to have a change in Direction every 50 minutes in an hourly candle um so it works really well for um continuations reversals you know especially reversals around 30 minutes in if it's um so I take reversals either 15 to 30 minutes into the hour and this is dependent on volume um and you know on sometimes we have multiple areas of interest but um yeah so this was the first sell I took on the Discord uh first sell entry I took at the same time as yesterday 13 minutes in um and it
was looking good uh at that point in time here it was looking good dxy looks like it was rejecting that a of interest and then we just melted so dollar um just melted um so it wasn't really looking that get good anymore uh so it just melted across that uh and you know um gold was also melting so gold and dollar were kind of going in the same sort of Direction and I'm not the biggest fan of that ideally I want them to be going in opposite directions for a nice high volume move um silver
was was looking pretty decent you know silver was also pushing bearish uh but we just weren't having the volume like I entered we tried to break through this a of Interest twice and then you know once we had the second rejection I closed at break even so second rejection I closed at break even as I'm trying to trade with volume I'm trying to you know um I'm trading the five next five to 10 minutes of price action if we don't have it immediately push with volume I'm going to exit and if especially if the dollar
is melting whilst I'm trying to take sells that's not a good idea to hold that trade um so yeah not the biggest fan of how the Dollar's moving and then I uh you know failed to break AOE twice the a of interest um so I closed I closed this trade early I'm out uh because it's low volume all these things put together um you know I I'm always happy with closing a winning or closing a trade early because I can always re-enter you know I'm not going to attach myself to a trade and marry it
to it's either going to take my stop loss or hit my take profit no um risk to war like the probability of a trade is dynamic you know it's not you just take a a trade and that the probability is like fixed um as the trade pushes like goes throughout its life cycle of that trade the probabilities change based off correlation based off volume how easily it breaks through areas of Interest or pushes in your direction um so you always need to be kind of like if you're going to actively manage trades you always need
to be aware of that um if you enter trade then the probabilties decrease it doesn't do what you want exit that trade shut away or bre it break even you can always look to re-enter when volume comes in um so I'm always happy to re-enter uh so I waited until uh 12:28 around that next 15 minute interval 30 minutes into the hour which is prime time for reversals especially when you've pushed bullish or pushed in One Direction in the first 30 minutes uh so it took another sell off a 1 minute high low entry what
is a high low entry it's a one minute candle where you break a high into breaking a low uh that's just indication of a lower time frame tick shift and volume shift so entry here at the break of that low around the nice you know 30 minute interval and this was also um silver was also looking very nice so silver had pulled back a bit a bit of a pullback to continue moving bearish around here and dollar was also kind of lower down it was like we had one bullish candle um but I was taking
anything I could get uh really um so but if we have a look at gold gold had this big bearish candle so gold was looking you like it was melting looking really nice um so you know two out of three correlation looking decent uh DX wasn't looking it was looking right um so I looked to held that we had a big pullback here and then big pullback and then look to re-enter on another one minute high low break from a break to breaking a one minute candle High to breaking a low uh with some more
correlation uh I think dollar was looking a little bit nicer around here we had a one minute type three shift if we go into the one minute chart we have low high breaking a low into breaking a high one minute type three shift so why wouldn't I want to add on that looks amazing um and dxy sorry gold spread chart was also melting so gold also nice pullback into this air of interest to reject as well so the main you know W uh action today was me managing I closed a um low volume mid trade
early at break even um avoiding a loss and I then re-entered and then added to that winning position um to take what is this you know three three and a half R so up three and a half R for the day um really happy with how I traded I traded you know planned the trade traded the plan exactly what I was looking for um and I like reversals you don't have to just trade continuations you can trade reversals reversals aren't less profitable you just need to get good enough with them um and you know I
really enjoy trading reversals I also have a higher win rate with them which is kind kind of interesting You' think that reversals would be lower probability but they're not if you you know get good at them um candle behavior and candle timing is the biggest thing that has had the biggest benefit in my uh reversal you know profitability um as well reversals will always give you bigger risk Awards than continuations because you know the structure is like a lot smaller on the reversal um if we go into you know an example um if you're taking
like a continuation of this like a you know break and retest of this pullback where where's the structure that you can like place it behind it might be like around here um but you know it's not much with reversals you can always get a higher RIS award um you know so if I have a higher probability if I have a higher um win rate and a high have a higher risk reward with the reversals why wouldn't I focus on that um so like you know it's kind of like reversal are harder but there's a bigger
reward because it's harder um and if you master this oh my God it gets so much easier uh especially when price is overextended like how a reversal sets up is important because um you want it you want price to overextend think of price like I don't know elastic band or a wave or like uh some sort of like you know biological creature um or a human uh you know price Sprints down it gets tied it consolidates a bit it reverses and then it Sprints back up um like it's it's reversing because you know you've expended
all this energy here uh we need to kind of like get back some of the energy um in these ciler conditions it's kind of less likely to reverse uh because you're expending energy and then you're recouping it expending it recouping it expending it recouping it you're not going to get even if it's reversing it's not going to be that nice of reversal um so you want it to have a big push uh forra reverse ideally around 15 30 minutes in with a nice typ through shift as well um but yeah um I'm really loving reversals
at the moment um as you know some of the best trades yesterday's trade today's trade um for really nice you know W's so yeah sell sold um added to this as well you know it's okay to be a bit emotional sometimes um like if you're confident be confident um and yeah took profit at this air of Interest I did kind of expect it to go down a little bit earlier but I was kind of nervous and it's okay to like make decisions based off your emotions because we're human we're not robots um and you have
two capitals that you're trying to preserve in trading it's your financial Capital but also your emotional Capital if I'm like I'm not going to hold a trade so I can get a little bit more financial Capital at the cost of my emotional Capital um you have to you know keep in mind like when you're making decisions you have these two types of capital I'm trying to preserve both my emotional capital and my financial Capital if I'm at a point where I'm really like up a lot on a win um and you know if I I
can hold that a little bit longer just to make a little bit more money but it's going to sacrifice a lot of my emotional Capital I'm not willing to take that trade that's not a good risk reward sacrificing a lot of emotional capital for not much more financial Capital it's kind of like being a bit G so I'm okay taking a profit calling myself a because it happens it is what it is um and nice little w win for the day um it's okay to have emotions I trade best when I'm the most emotional to
yes today and yesterday um and I trade worse when I'm overly an analytical when I'm when I'm thinking too much you will find you you trade worse when you think I'm not trying to think I'm just trying to you know be in flow with the markets trust my own analysis you you should have done all the thinking prior to the trading session like I've already done all the thinking I know exactly what works what is a good trade this is all the thinking I've done all the work when it comes to actually executing on a
trade you shouldn't be thinking you should just know what you already like should be doing and then just act on it the more you think the more like you are to overthink and then the more like you are to make mistakes like what if this loses what if this happens I feel feel like I think this could be like doing this like you don't want to think when you're trading that the biggest misconception you want to be emotional when you're trading you don't want to think and be overly an analytical like it's kind of counterintuitive
but um the thinking is done prior to the trading session like all that an analysis there um if you haven't done that you're not going to get good results because you haven't done the work shocker you actually have to put in the work to get the good results and no copying someone strategy won't make you profitable because you won't be able to apply the strategy to the right sort of condition because you know someone might have an amazing breakout strategy uh whether you know taking Buys near highs and like you know high volume but if
you try to do that in a Range you're just going to get you know absolutely smacked by the markets um so yeah bit of a Yap sesh but this is actually you pretty important and um you know like I'm just trying to take good losses every single day I don't really care if it loses if I take a trade and then the condition changes like today so I took that first sell um the condition changed where you know dxy was looking kind of bullish like it was rejecting and then it pushed bearish I will either
close that trade early or be you know really happy with taking a loss that is a good loss um the two mistakes or the two losses we're trying to um eliminate uh ones where you make either you know purely um you know bad mistakes where it's like you're over risking you're forcing the setup you're overthinking it you know um that of a mistake or you're applying you know your a part of your a Confluence or a part of your strategy to the wrong condition where you know going into that example you're taking Buys near highs
and a range bound condition um these are the type of mistakes we're trying to you know eliminate um and you could say you know I need the discipline to be able to do the right thing no you don't need discipline you need Clarity to know exactly what you're supposed to be doing um I don't have discipline I play Minecraft at 2m on a Tuesday I haven't I go to the gym two to three times a week and I do like a 30 minute workout I I'm not that disciplined I just know exactly what I should
be doing at any given point in time uh because I've done the work required I know I have data to tell me exactly when I know what's most important in a setup I need to have Market structure alignment it needs to be at a 30-minute hourly um area it needs to be you know in a good uh like relatively good Rel area in relation to the previous move needs to be adapted to the condition uh and if I'm looking for you know if it's Range man I'm looking for reversals if it's directional I'm looking for
continuations um and when am I looking for that I have cter Behavior timing to tell me exactly when I'm going to take a trade at that those 15minute intervals and you know waiting for a shift or a high low for an entry I know exactly when I'm doing certain things and you know correlation as for like added entry um confirmation so um you don't need discipline you need to be clear on what you're trying to do my the Holy Growl in trading something you know I'm working towards every single day trying to get better at
is to be more clear on exactly what I'm trying to do every single day so it's you know trying to simplify that um my you know trading approach just be can be defined by um looking at what direction is price moving in where would I like to enter and then you know when am I going to enter that trade so it could be you know Market structure for direction and a bit of correlation um you know highs and lows levels and entry relativity for where and then for when it's Behavior alley timing and I type
through shift pretty simple three-step process pretty clear and then it's easy for me to have you know good results um if we get this up uh let's go counter Behavior timing I'm loving some reversals uh what is this 15 30 minute reversals 90% win rate pretty nice 15 30 minute reversals 90% win rate uh let's have a look at some correlation we'll add in some dxy correlation this is 80% win rate let's do some high volume 82% win rate yeah 94% win rate interesting so like all this data I can know exactly what I'm doing
I have a process I do every single day um you know Direction air of Interest entry model um and you know trading's easy now like if you want confidence confidence doesn't come from results it doesn't come from outputs it doesn't come from results it comes from putting in the work this inputs these aren't these AR outputs these aren't results these are inputs it comes from putting the work um and getting Clarity from that work so the work works on you more than you work on it the more effort you put in uh the more internal
learning and reward you get strategy doesn't matter because the only thing that matters is you having the skill required to be able to apply the strategy to the right condition so you know trading is not hard because it's hard to press the buy and sell button or analyze markets it's hard because being able to work hard is hard like you know putting in the effort is hard um and it's just a human issue it's not a trading issue it's a human issue but I think I'm going to stop yapping um i' yapping way too much
today um so another good day last two days have been really good um and hopefully this is helpful a bit of Eye Opener um make mind map all of you guys should make a mind map it is a cheat code but otherwise I'll catch you guys um later hopefully this was helpful