Excellent information. I really appreciated your statement that a "flip" on a 1 minute chart is just a flip on a 1 minute chart , not necessarily meaning that it will be a flip on a higher timeframe chart. (I'm paraphrasing) Also what was significant was you saying the importance and necessity of a BODY closing below a previous swing low , on a candlestick chart , which "tells a trader" that the breach is valid and signifies a change in trend. ( On the previous video) SO CRUCIAL !!!
this is the technical information that one needed to change they lives. Not that we did not put in the work, just needed in depth videos on the technical info to change our lives hm
Dave I think if we draw our strong supply zone and Demand zone from higher time frame we could avoid being in a loss trade when our trend is shifting after having several consecutive swings . That supply zone or Demand zone could indicate that the trend might change on that particular swing. Thank you for your materials. They are Invaluable
9:10 I really don't understand why is that your low, Just because it didn't mitigate your previous zone at 50% means that the next zone wont be respected? You actually change from Bearish to Bullish? When exactly you know that you are still Bearish?
If you restart this video at the 5 minute mark , and play it again , Dave makes it perfectly clear the answer that you are looking for. I have been trading FOREX since 2015 , and in my experience , video's like this one , have a WEALTH OF INFORMATION IN THEM. THE "LITTLE THINGS" are so HUGELY IMPORTANT , but , I have to re-watch a video like this at least 20 times before I feel comfortable that I have not missed any of those "tiny nuggets that are so valuable". Have you ever watched a Movie once , then watched it again because you really liked it. I'm willing to bet that when you watch the Movie the second time , your mind picks up details that you missed when you watched the Movie for the 1st time. Just trying to help. I have felt over the years that I thought that I was paying attention to everything , but , have discovered that I have to watch ANY VIDEO in small bits , say 4 or 5 minutes. For whatever reason , my brain stops learning and goes to autopilot. So , after a video like this , I will , in my home with my computer "ACT" as if I'm teaching this video instead of DAVE. You will be shocked , I guarantee , how little information your brain has actually stored in order for you to teach this entire video to yourself. The information for me , THEN , really anchors in my brain and I understand it perfectly. Like I said , just trying to help , and I am new to this channel , but , the content on this channel is excellent.
In the larger context he is still bearish. Because the 50% wasn't mitigated on the first try (only around 30%, it looks like), he expected price to come back into the area to mitigate the 50% before going lower.
@KyleTrades2, even if that's the case, why do you expect price to revist IMMEDIATELY? There are plenty of examples in strong trends where price barely mitigates a valid new zone and keeps going and creates yet another valid new zone beyond that one (up to 7x swings sometimes). For swing counting purposes are you implying we ignore counting an otherwise valid swing that wasnt mitigated 50% or more? Makes no sense. In this case price looks like it hit around 45% mitigation so that "failed" zone still almost delivered a valid 1:1R. Backtesting will show these types of near misses (45-49%) often occur.
@@Channel-of8rv No one said anything about price revisiting the area “IMMEDIATELY”. Why not just be patient? If price comes back to mitigate, enter your trade. If it doesn’t, don’t enter.
Please consider zooming in further to these candles on future videos. It looks like there’s plenty of body closures over that are not being considered as breaks of structure in these examples. A “strong close above” seems vague. A wick or a close above/below is pretty straight forward terminology, not “strong close above”, which seems subjective. If it closes above, isn’t it a break of structure?
You cannot expect just one body closure above such a HTF high to confirm it as a break of structure, it needs to get a closure on the TF it belongs too
@@TheProchargedmopar man this got nothing to do with wether he backtests or not.. It´s just an objective question that will make him see the charts / backtest the right way
Best Teacher on YT
Thank you again Dave for making these videos. This is life changing information.
Excellent information. I really appreciated your statement that a "flip" on a 1 minute chart is just a flip on a 1 minute chart , not necessarily meaning that it will be a flip on a higher timeframe chart. (I'm paraphrasing) Also what was significant was you saying the importance and necessity of a BODY closing below a previous swing low , on a candlestick chart , which "tells a trader" that the breach is valid and signifies a change in trend. ( On the previous video) SO CRUCIAL !!!
Awesome Dave. Thanks alot! 👽👊
Love your Box concept & ofcourse the way you explain
Thanks & God Bless
this is the technical information that one needed to change they lives. Not that we did not put in the work, just needed in depth videos on the technical info to change our lives hm
🔥🔥🔥🔥🔥
Legend!
Thank you Dave, God bless you!
Because of you I am in profit now :,)
Dave I think if we draw our strong supply zone and Demand zone from higher time frame we could avoid being in a loss trade when our trend is shifting after having several consecutive swings . That supply zone or Demand zone could indicate that the trend might change on that particular swing. Thank you for your materials. They are Invaluable
thank you for your time
if the previeous zone not mitigated at the 50% and make a new low even when break the valid new high the market still bearish ?
9:10 I really don't understand why is that your low, Just because it didn't mitigate your previous zone at 50% means that the next zone wont be respected? You actually change from Bearish to Bullish? When exactly you know that you are still Bearish?
If you restart this video at the 5 minute mark , and play it again , Dave makes it perfectly clear the answer that you are looking for. I have been trading FOREX since 2015 , and in my experience , video's like this one , have a WEALTH OF INFORMATION IN THEM. THE "LITTLE THINGS" are so HUGELY IMPORTANT , but , I have to re-watch a video like this at least 20 times before I feel comfortable that I have not missed any of those "tiny nuggets that are so valuable". Have you ever watched a Movie once , then watched it again because you really liked it. I'm willing to bet that when you watch the Movie the second time , your mind picks up details that you missed when you watched the Movie for the 1st time. Just trying to help. I have felt over the years that I thought that I was paying attention to everything , but , have discovered that I have to watch ANY VIDEO in small bits , say 4 or 5 minutes. For whatever reason , my brain stops learning and goes to autopilot. So , after a video like this , I will , in my home with my computer "ACT" as if I'm teaching this video instead of DAVE. You will be shocked , I guarantee , how little information your brain has actually stored in order for you to teach this entire video to yourself. The information for me , THEN , really anchors in my brain and I understand it perfectly. Like I said , just trying to help , and I am new to this channel , but , the content on this channel is excellent.
unmitigated zones we expect price to revist. Watch the original masterclass to get a full understanding
In the larger context he is still bearish.
Because the 50% wasn't mitigated on the first try (only around 30%, it looks like), he expected price to come back into the area to mitigate the 50% before going lower.
@KyleTrades2, even if that's the case, why do you expect price to revist IMMEDIATELY? There are plenty of examples in strong trends where price barely mitigates a valid new zone and keeps going and creates yet another valid new zone beyond that one (up to 7x swings sometimes). For swing counting purposes are you implying we ignore counting an otherwise valid swing that wasnt mitigated 50% or more? Makes no sense. In this case price looks like it hit around 45% mitigation so that "failed" zone still almost delivered a valid 1:1R. Backtesting will show these types of near misses (45-49%) often occur.
@@Channel-of8rv No one said anything about price revisiting the area “IMMEDIATELY”.
Why not just be patient? If price comes back to mitigate, enter your trade. If it doesn’t, don’t enter.
Thank You
👍
thank you
%100 man, when you try to trade while learning is definitely a waste of time.
❤❤❤❤❤sauce
yeeeeeeeeeet skabeeeeeeeeet
Please consider zooming in further to these candles on future videos. It looks like there’s plenty of body closures over that are not being considered as breaks of structure in these examples. A “strong close above” seems vague. A wick or a close above/below is pretty straight forward terminology, not “strong close above”, which seems subjective. If it closes above, isn’t it a break of structure?
You cannot expect just one body closure above such a HTF high to confirm it as a break of structure, it needs to get a closure on the TF it belongs too
No. I already taught this zoomed in with the old playlist. It’s not my fault you can’t sit still and watch it.
Your playlist is zoomed out too. What does that have to do with sitting still?@@DaveTeaches
So do we count the swing that breaks structure as the first swing
BACKTEST
@@TheProchargedmopar boo
@@TheProchargedmopar man this got nothing to do with wether he backtests or not.. It´s just an objective question that will make him see the charts / backtest the right way
If he backtested, he wouldn’t have to wait for the answer. Imagine waiting when you can find it in the charts.
Thanks for doing this Dave. I really don't think we're deserving of it.
OTyEeeeet
Great video glad to interact with you today on instagram