I learned that every line that you draw on your charts should tell you a story. I should always start analyzing the higher time frame (Monthly, weekly , daily, 4 hour and 1 hour). I should identify the trend on those time frames by checking my higher highs and higher lows on an uptrend and lower highs and lower lows on my downtrend. My entry should be on the 15 or 30 minutes time frame when the most recent lower high on a downtrend gets broken and restested Or when the most recent higher low on an uptrend gets broken and retested as resistance. I should also draw my zones on 4H and 1H. My Fibs are drawn from point A to point B and they tell me my take profit levels. TP 1 is the 0%, TP2 is the -27% and TP 3 is -61.8%. There should always be a break of structure before I draw my fibs. I should also make sure that I trade with the trend. If my major structure is an uptrend, then I'm more likely to look for buys on a minor structure. I learned from you and I watch your TH-cam markups almost everyday. Thank you for teaching us❤. I always know the direction but I struggle with positions and stacking trades. Hopefully you touch on that one day. I kust know that you take your trades in 3rds😂
Nice analysis and that gold buy went crazy last week!! I learned that higher tf fibs gives you an idea of where to expect price to retrace to and when price goes to that level , you drop down to the ltf for possible entrys.
AMAZING BREAKDOWN AND BLUEPRINT STRATEGY MIKE, I LOVED IT! I learned a lot from your detailed analysis on how you made $6,200 trading gold in just a few hours. Your approach of analyzing multiple timeframes, from monthly down to minutes, to identify trends and entry points is truly enlightening. I grasped the importance of following the trend and exercising patience, especially when using tools like Fibonacci to confirm reversal points and entries. Your emphasis on discipline and understanding that not all trades will be equally profitable is crucial for long-term success. Thanks for sharing your BLUEPRINT STRATEGY and INSIGHTS!
Thanks for the breakdown. things i’ve learned is to break it down via the higher time frame to ensure proper direction. also the main and biggest thing is be patient!!!
if i got a price on my prop firm trading chart right, but i gotta different price on trading view chart on the same symbol and time frame which one have real time data?
Great video Mike! Things learned: The trend is your best friend. There's no reason to go against the trend until price tells you too.Candle closure is also important when analyzing. Where the candle closes and how the candle closes can tell a story in itself. EVERY single detail matters on EVERY time frame not just one. When the time frames add up you will get a story that makes sense in the end when you are ready to take a trade.
love the content as usual g! always dropping gems. what i took away from this video is take it step by step. make sure there's an understanding of what each timeframe is saying. making sure to know the story of each timeframe. that's really important because it's easy to get stuck on those lower timeframes and neglect what the higher timeframe is actually saying.
This is simply market dissection. Really inspiring to see in real life the potential to change your financial situation by being focused, disciplined, patient. Thank you sir!
Hey Mike 🙌🏽 -I learned that you should never go against the trend, go where price is showing you the direction is. -Your timeframe structures help you tell a story to be able to clarify the correct trend. -Gather data on: (M,W,D,4H, 1H) entries on: (30M and 15M) -use your zones, and trend lines as confluence along with combining fibs and retracement levels. -continue to analyze each timeframe before entering. 📈📈📈📈📈📈
Wassup Mike I’ve been following you since IM Academy seeing your growth been inspiring but what I learn from this particular video is that u must gather your data/information from each time frame in order to get to the right now money. Also, it’s important to know the weekly outlook and the right now money you gave us both. Finally the importance of market structure, structure is everything and understand major and minor structure
Heyy Mike been following for awhile now , Thank you for droping gems i have learned to take things step by step and that my lines and zones should avail a story about what price did there . Keep up the good work man 🧡
Your walkthrough on how you earned $6,200 trading gold in under two hours was incredibly informative Mike. I gained valuable insights into the significance of analyzing various timeframes, from the monthly to the minute, to gauge market trends and identify optimal entry and exit points. Your strategic use of Fibonacci and emphasis on sticking with the trend while exercising patience really resonated with me. It's clear that disciplined trading, coupled with a deep understanding of market dynamics, is key to achieving consistent profits. Mike Thanks for sharing your expertise and illustrating the power of a well-executed trading strategy!
Always go timeframe to timeframe. Every timeframe tells you a story! I love it! I also learned that you have to know the story on every timeframe!$sharice03
I learned that every line that you draw on your charts should tell you a story. I should always start analyzing the higher time frame (Monthly, weekly , daily, 4 hour and 1 hour). I should identify the trend on those time frames by checking my higher highs and higher lows on an uptrend and lower highs and lower lows on my downtrend. My entry should be on the 15 or 30 minutes time frame when the most recent lower high on a downtrend gets broken and restested Or when the most recent higher low on an uptrend gets broken and retested as resistance. I should also draw my zones on 4H and 1H. My Fibs are drawn from point A to point B and they tell me my take profit levels. TP 1 is the 0%, TP2 is the -27% and TP 3 is -61.8%. There should always be a break of structure before I draw my fibs. I should also make sure that I trade with the trend. If my major structure is an uptrend, then I'm more likely to look for buys on a minor structure.
I learned from you and I watch your TH-cam markups almost everyday. Thank you for teaching us❤. I always know the direction but I struggle with positions and stacking trades. Hopefully you touch on that one day. I kust know that you take your trades in 3rds😂
Great response, Send me your cashapp ! 🔥
@@MikeLito Send it where? On Instagram?
@@MikeLito Thank youuu.
@@spicynoodles5327 yeah or here is fine . Either or
@@MikeLito I'm in South Africa. I only use my debit card
I learnt that each time frame should tell a story and you should never go against the trend
Nice analysis and that gold buy went crazy last week!! I learned that higher tf fibs gives you an idea of where to expect price to retrace to and when price goes to that level , you drop down to the ltf for possible entrys.
AMAZING BREAKDOWN AND BLUEPRINT STRATEGY MIKE, I LOVED IT! I learned a lot from your detailed analysis on how you made $6,200 trading gold in just a few hours. Your approach of analyzing multiple timeframes, from monthly down to minutes, to identify trends and entry points is truly enlightening. I grasped the importance of following the trend and exercising patience, especially when using tools like Fibonacci to confirm reversal points and entries. Your emphasis on discipline and understanding that not all trades will be equally profitable is crucial for long-term success. Thanks for sharing your BLUEPRINT STRATEGY and INSIGHTS!
Thanks for the breakdown. things i’ve learned is to break it down via the higher time frame to ensure proper direction. also the main and biggest thing is be patient!!!
Always have a buy and sell scenario, you can’t predict the market only react to it 💯
if i got a price on my prop firm trading chart right, but i gotta different price on trading view chart on the same symbol and time frame which one have real time data?
Great video Mike! Things learned: The trend is your best friend. There's no reason to go against the trend until price tells you too.Candle closure is also important when analyzing. Where the candle closes and how the candle closes can tell a story in itself. EVERY single detail matters on EVERY time frame not just one. When the time frames add up you will get a story that makes sense in the end when you are ready to take a trade.
Appreciate you for taking the time to upload these breakdowns Mike, they're extremely helpful and informative! i Aspire to be like you one day!
love the content as usual g! always dropping gems. what i took away from this video is take it step by step. make sure there's an understanding of what each timeframe is saying. making sure to know the story of each timeframe. that's really important because it's easy to get stuck on those lower timeframes and neglect what the higher timeframe is actually saying.
This is simply market dissection. Really inspiring to see in real life the potential to change your financial situation by being focused, disciplined, patient. Thank you sir!
Thank you so much, Mike. God bless you just as you bless us all the time.
Capital?
Hey Mike 🙌🏽
-I learned that you should never go against the trend, go where price is showing you the direction is.
-Your timeframe structures help you tell a story to be able to clarify the correct trend.
-Gather data on: (M,W,D,4H, 1H) entries on: (30M and 15M)
-use your zones, and trend lines as confluence along with combining fibs and retracement levels.
-continue to analyze each timeframe before entering.
📈📈📈📈📈📈
If you take 1L, do you re-enter? Or do you come back the next trading day? Do you give your trade a second chance Mike?
Yea I re enter if all the confirmations are met. But 2 straight losses im done!
Wassup Mike I’ve been following you since IM Academy seeing your growth been inspiring but what I learn from this particular video is that u must gather your data/information from each time frame in order to get to the right now money. Also, it’s important to know the weekly outlook and the right now money you gave us both. Finally the importance of market structure, structure is everything and understand major and minor structure
Hankotrade is still not on mt4 right??
Heyy Mike been following for awhile now , Thank you for droping gems i have learned to take things step by step and that my lines and zones should avail a story about what price did there . Keep up the good work man 🧡
On the trend
We can depend
It will gives us what we need
And our families we can feed.
Small fib inside the 1 hr fib, that is the actual step by step approach
That boy got his weight up
Your walkthrough on how you earned $6,200 trading gold in under two hours was incredibly informative Mike. I gained valuable insights into the significance of analyzing various timeframes, from the monthly to the minute, to gauge market trends and identify optimal entry and exit points. Your strategic use of Fibonacci and emphasis on sticking with the trend while exercising patience really resonated with me. It's clear that disciplined trading, coupled with a deep understanding of market dynamics, is key to achieving consistent profits.
Mike Thanks for sharing your expertise and illustrating the power of a well-executed trading strategy!
Always go timeframe to timeframe. Every timeframe tells you a story! I love it! I also learned that you have to know the story on every timeframe!$sharice03