Hey Yiannis, enjoyed the live trade you did yesterday; this video has actually filled a missing gap for me, very well explained and definitely being pressed into action next week, well done!
Great video as always! That is a really good explanation of bias and how it relates to Premium vs Discount. The 3 boxes also help determine what is actually an A+ setup. Thanks!
Where would you put your stop loss and what R:R would you try and target ? 10 pips (with spread factored in) isnt huge and doesn’t leave much room for error ?
so if you are looking for a Long position it would be reversed after daily low breakout you are looking for the swing high and place the order on the the fvg?
Thank you Yiannis for the great video! A question about risk: if I understood correctly, you divide all entries and calculate a 'hard stop' above or below the weekly swing Hi/Lo. Am I right that you don't really believe in RR and prefer to scale out of worse positions? What happens if everything is against you and the pair (while you keep trading liquidity grab shorts) keeps pushing, taking out the weekly swing high? Do you then lose your maximum risk allocation? Thank you!
@conciousdaytrader What timeframe you recommend for entries and looking for FVG, and it's not like all day watching the charts to show a break of structure?
I always found so confusing this theory, its true you are in premium, but is also true that above this weekly highs liquidity resides idk how to solve this, can you help?
Why don't you use previous week high-low last week? Instead, using swing high low weekly, isn't that too far from the target, instead of using previous week high low last week? No swing high low weekly
Great video Yiannis. I only recommend labeling that "Previous Weekly High" as "Weekly Swing High" to avoid confusion with last week highs
Totally agree hope people don’t confuse that :). Good suggestion
Totally agree hope people don’t confuse that :). Good suggestion
Great presentation. You have the gift of being able to keep things simple
I appreciate that Steve 🙏
Hey Yiannis, enjoyed the live trade you did yesterday; this video has actually filled a missing gap for me, very well explained and definitely being pressed into action next week, well done!
Super Al 🫡👍
Love the weekly trick in the beginning. Great video
🫡🚀
Great video! Keep them coming. Also Iv seen you do live sessions, where and when are these? Thanks
Great video as always! That is a really good explanation of bias and how it relates to Premium vs Discount. The 3 boxes also help determine what is actually an A+ setup. Thanks!
Glad it helped 🙏🙏🙏
Great teaching style, explained very well.
Appreciate that Dan
Where would you put your stop loss and what R:R would you try and target ? 10 pips (with spread factored in) isnt huge and doesn’t leave much room for error ?
so if you are looking for a Long position it would be reversed after daily low breakout you are looking for the swing high and place the order on the the fvg?
Thank you Yiannis for the great video! A question about risk: if I understood correctly, you divide all entries and calculate a 'hard stop' above or below the weekly swing Hi/Lo. Am I right that you don't really believe in RR and prefer to scale out of worse positions? What happens if everything is against you and the pair (while you keep trading liquidity grab shorts) keeps pushing, taking out the weekly swing high? Do you then lose your maximum risk allocation? Thank you!
Awesome, more please ...
Every Wednesday 🫡👍
Very valuable. Thanks
Thank you 🙏
What an amazing job keeping things simple and understandable. Thank you. Is this the system you trade for yourself?
Great video! DISCORD
🚀🚀🙏
"Discord" Is repositioning what you do when you are wrong? Do you have a video for that?
I personally do repositioning, I do have detailed videos on our vanguard discord group
upgrade.chat/the-conscious-day-trader
What stop loss do you recommend?
@conciousdaytrader What timeframe you recommend for entries and looking for FVG, and it's not like all day watching the charts to show a break of structure?
So we take the fvg that are farthest away, right?
The first FVG that is closest after the break of structure
What about making use of Fibonacci as well to better time your entries?
For sure I love using the Fib, just wanted to keep this really simple for beginners 🫡👍
Hi Yiannis, I'm confused. On daily chart you're showing Jan 8, 2024 and when on 15 min chart, you're showing Dec 28, 2023 chart. Why so?
Hi Tech, I moved it back so I can show you an example of an entry. The current date didn’t have a setup yet. Hope that helps 🫡👍
Thank you for the video! How about the stop loss placements? Where would we get out if we were wrong?
That depends on your size and how you handle your positions. Risk reward can work on this as well even though I only trade with repositioning.
@@consciousdaytrader where do u usually put your hard stops? above the weekly highs?
Great
🙏
I always found so confusing this theory, its true you are in premium, but is also true that above this weekly highs liquidity resides idk how to solve this, can you help?
Can i join the discord ? :)
Stop loss 10 pips?
👍
🙏🚀
Nice video mate :D thanks
Appreciate that Rafael🙏
Why don't you use previous week high-low last week? Instead, using swing high low weekly, isn't that too far from the target, instead of using previous week high low last week? No swing high low weekly
The previous week is not enough information to inform for overall long term bias. The swing will show a clear picture of where the price is 👍