Trading recap How i made 1734149 first week of June

sometimes we make some dumbass decisions good morning everybody um good evening good night wherever you are um so what we're going to do today is i'm going to go over my past week um i think this past week made around eighteen thousand hundred thirty four dollars seventy eight cents um comes down to about like after commission is swapped seventeen thousand three hundred forty one dollars and forty nine cents so i'm going to go over all these trades taken why they were taken what was the bias what was the high timeframe bias took a little bit of losses why the losses were taken basically it's going to be a review of how my trading week went so let's start off with the first trade here first trade was a buy on gp jpy which made me 445.64 cents this was around like i said like 10 11 pips are like eight nine pips so let's see so this trade was taken around um after the asian open this was taken about like 9 9 9 15 p.m eastern somewhere around that that time so looking at the market structure this was the market structure when this trade was taken so now if you look on the 15-minute time frame excuse me so if we look on the 15-minute timeframe this was the resistance created at 133 300 right over here there was another resistance at 133 300 before the market closed on friday and then the asian open candle this was the candle that broke above this zone now when candles break above the zones they have to be there have to it has to be like a lot of volume which was your asian open there has to be some sort of momentum right so price broke this area and it really i think it created a high it created a hyatt right 133 622. so when this high was created i looked at this chart some people in the group we have a group here in slack some people in the group they took buys from down over here and then they created a high so once the high was created there's a 80 percent chance that that high is going to get retested so when we had a candle closed right over here this was a 9 15 p.m eastern candle closed once this candle closed i executed a buy the buy was executed around you know like 133 445 the stop was kept below the previous candle and the tp was kept around you know like around 18 pips so this was a little bigger than one to one wrist award but essentially i closed my position at five four three one two three five four three i closed it around 543 somewhere somewhere around over here around like nine ten pips i didn't let it run to like one to one risk award because the the reason is because there was a wick here right and this kind of rejected this area so i didn't know whether price is going to come all the way up over here or it's going to reject it so i wanted to secure profits now someone might say this is a negative risk reward no when you're securing profits you're securing profits irrespective of the fact if it's a negative risk award or a positive risk reward that doesn't matter at the end of the day what matters is if you are able to secure profits now let's say if this was somewhere up over here where now your risk reward is let's say um one to two it doesn't make any sense because now your risk now your reward is beyond a resistance and now you run into a problem where you might go into drawdown your stop-loss might get hit you know so at that point you're not securing profit so it's really important to really really secure profits all the time so that was the first trade i think the start of the week was really really good so now let's take a look at the second trade i think second trade was a buy on gold at the same time around when it took the biome gb jpy i think it was like a little bit later so let's take a look at gold here now gold i had already marked up here gold buys was basically somewhere over here let's go to a 30 minute time frame let's go towards the um first of june i think the first of june was somewhere over here yeah there we go somewhere right over here this was the area where the trade was taken let's um let's bring it down towards the 15 minute time frame right let's break it down towards the 15 minute time frame and let me just find it here let's just pause this so i can find it okay awesome got it so um this is the this is the place where the trade was taken the only reason now this was a very very aggressive trade those are taken around 1733 71 somewhere around here uh had a long position at 17 33 71 somewhere over here the stop was kept below the previous bearish candle and the reason why the trade was taken was because once price came down to this area i immediately looked left when i looked left i saw that there was a consolidation area right over here so whenever you have a consolidation area this means the consolidation would have a resistance and the consolidation will also have a support down over here right so we had resistance and we had support so basically i when when this candle closed this candle closed above 1733 and when i look left there was a candle that rejected 1733 there was another account that closed above 1733 so now this is advanced techniques right this is not very basic this is extremely advanced it's not easy as well this is a very aggressive entry so the buy was taken just based off off of that that fact the stop loss was kept below the previous candle i was actually targeting around 1738 which would have been around like you know 43 pip move but essentially i did get around 20 pips i closed at around 17 35 89 so 17 35 89 was about right over here around like 21 pips had a risk of about like 18 to 20 pips reward like 18 to 20 pips same thing you know 120 risk awards so this played out really really well now let's take a look at the second trade here the second trade was basically a loss this was a loss in the new york session so let's take a look at the new york session here for the next day now this was around let's just pause this and go all right so before we talk about the second trade what we want to talk about is the higher time frames right what was the higher time frame saying when we moved into monday new york session so let's go down to the one hour time frame and um let's just kind of like break down what was going on now when we look at the one hour time frame this is where the price was around you know like pre new york like 5 a.m eastern 6 a.m eastern right over here you can see how the when our candles were making higher highs and higher lows and there was a resistance at 133 580 there was another resistance at 133 660 and i guess there was some other things that were going on to the left hand side that we're going to look at right now so basically when i created a support here during london actually during midnight then at london created a support and then this was also resistance created on friday after new york closed and then again after london closed on friday so this is a very important area 133 100 133 200 very very important area now let's take a look on the four hour time frame and let's see what more information we can find now looking at it from a four-hour perspective it did seem like there was some sort of a resistance atrial left which we can clearly see on the one hour if we go left we will see that there was an area right over here at 133 700 so if we kind of scale it all the way here to the left hand side you'll see how this made much more sense for price to continue moving bullish right so see 133 133 700 was an important area which price had to respect so let's go down to the small time frames and let's see what the entries were taken looking at it from a 30 minute perspective the first buy position was basically a loss and the reason why it was a loss was because this position was taken at 133 439 133 439 before the 6 a.m eastern candle closed so 133 439 133 439 somewhere over here yeah this is where the position was taken the stop was kept below the current 30 minute candle and the take profit was around you know like 20 pips 30 pips this push position got stopped out it got stopped up by the next candle so then we were like okay like you know what we're gonna wait now right we're gonna wait to see what we can do next so then the next position was taken at 133 467 133 467 when the next candle opened around here one two three four six seven four six seven perfect so you had this bullish candle forming bullish candle this candle formed bullish right before the new york open and this meant that okay now this candle has closed above the previous two candles you know so it's made essentially a high high and a higher low so now you're expecting the next candles to continue up right so next candle this was the new york open candle new york open candle closed like a doji candle but it also made a high high and a higher low which made sense that now the next few candles should continue moving up and if you remember the 1r candles were making higher highs and higher lows essentially overall anyway so this meant the bias was bullish price had to move bullish so it just comes down to the fact that there was no selling confirmation someone can turn around and say well what if this area right over here this resistance must have kind of like you know told you that maybe price will reject this area or maybe price would reject this area the take profit essentially was around 133 670 but this position continued running till 134 200 right so fee go up over here if we look at 134 200 134 200 is way up over here right one's for 200 270. so if we go to the one hour time frame and if we map this out 134 200 and if we draw a line across this price 134 200 which you will see is that this was a rejection earlier right and this rejection was on the first may around close before london closed this is a big rejection at 134 200. so this is why it made sense to let price run towards 134 200 because once it ran into profits all i had to do was to put price at um well support stops that break even and let it run till even if it continued to run to 134 200 which it did made around two thousand dollars two thousand and sixty two dollars after that after i took this position i opened another position at 489 133 489 which i closed after the fact because i wasn't really comfortable you know because that was taken right after i opened this one right over here so this one i closed right after like eight dollars profit didn't really make a difference at all the third position i took was at 133 522 once we had this candle breaking above so the next one was taken at 5 22 somewhere after i think after this kind of closed after the new york open candle closed on the one hour i took another one based on the next one hour candle right which was also the four hours time to push bullish now so the next position was taken right over here 133 5 22. right over here and the stop was kept below the previous candle and after these candles came up to this resistance then they closed above it the stops were kept at break even when stops went at break even let them run they both ran till um one ran till one uh 134 207 yeah i think the boats were closed at like 134 207 so i think that was a pretty pretty good day that day actually put me up in profits a lot that put me up around you know like a thousand dollars fourteen hundred fourteen hundred um fourteen hundred plus two thousand thirty four hundred thirty four hundred plus you know it was like around thirty four four fifty four around fifty four hundred dollars you know in two days so now i had fifty four hundred dollars to play with for the next day right this is re this was now really amazing now i was like okay i was expecting five thousand to come into by the end of the week but i already reached my goal in two days that happens you know when price is really really moving up if it's trending you will reach your goals maybe in like a day two days three days and now you have all that profit to play with for the coming days so that's what we're going to talk about now um after that the we had the asian session where i took a sell on uh gp jpy it was basically let's just talk about here the asian session cell was somewhere over here around before asian open so let's go to the 30 minute time frame and let me just find this here really quick all right so this was the asian session candles here so before the session started we were right over here where price is creating like some sort of a resistance so my bias here was kind of like a correction because we had to move up on sunday monday and now we're coming into the asian session for tuesday we've had a move up so it's kind of looking for some sort of a correction some sort of indications to tell me that price may start correcting now right so start looking for some sort of bearish structure right my form of beta structure was that okay once we formed resistance at 137 now 137 is a strong psychological levels right so let's just un understand that first it's a strong strong psychological level um 15 minute created a support down over here now 15 minutes a week confirmation time frame so entries here is a little bit aggressive and a little bit extreme too so i was expecting price to continue down towards 136 300 right so 136 300 was an area where i was expecting price to come down so once we had this candle forming this big candle this is where the cell was executed the cell was executed at um this area here 134 325 134 325 oh this is the wrong one um one moment here let me just go back 134 325 yeah my bad had a little uh blooper there didn't really didn't really understand the blooper okay here it is right over here right uh okay awesome so same thing was here uh price was trending up didn't really um like was looking for some sort of a correction so once so i was actually expecting price to continue down towards 134 200 where i closed my buys earlier on so when price started coming down the entry was taken around 134 325 which is a short entry 134 3 2 5 somewhere over here the stop loss was kept above the previous candle it was like about like you know like 10 10 11 pips um the tp tp was kept at the support which was around like you know like 10 10 11 pips as well so that's where i closed this is like a one to one risk award kind of like aggressive two because there was there wasn't much enough range so you can see with the uh price was executed 134 three to five and exited at 2 3 1 so look at this look at the price 2 3 1. look to the right hand side 2 3 1 this is where the price was exited right so exited right at the point and then price died to reverse how did i know i didn't know i just my plan was to secure nine to 10 11 pips and call it a day i executed saw price come up to like 10 pips closed the trade it actually reversed and closed at like nine pips but it is what it is at this point i was still up for the day i was up like about 58 5900 so now i had money to play with for the next day now the next day what happened was next day was a very important day because that day i made the most money for this for this year i think the most i made was in my birthday but uh anyway this ran price action here ran really really well so let me find this out here for you guys okay so this is the second june new york session um before we talk about this i want to first talk about that this was the resistance created at london session right around 135 now 135 is another very strong level psychological level it takes a lot for the price to break through it you know so once candle broke through 135 there was a support formed here as well so now we're going to talk about this but before i want to talk about that let's see let's take a look at the um one hour time frames here and let's take a look at the four hour time frames at the same time now i'm going to color code this for a better reference let's record this as orange and extend it all the way to the left and let's take a look at the one hour time frames here and let's see where we were now once price was at this point price came up created like a resistance at this point around 135 448 now if we were looking for price to continue bullish the next target would have been this wick filler right over here 135 745 and then after that we had another target at around 136 500 right so i'm going to color code these as 135 6 500 because you see now those are the prices where price came up and rejected so these prices are really important when you're leaving runners or when you're trying to see how far a runner can basically go to so if you look on the four hour this also made sense on the ford hour right around here and also on the four hour right up over here i'm not drawing zones because extending zones all the way to the right hand side it takes a lot of time you know and basically i mean i want this video to be as streamlined as um possible so let's take a look at the one hour here now and let's go to down to 30 minute chart and let's kind of like see that what we were up against at this point all right so let's take a look at this now the first position that was executed let me just color code this back towards gray so that it's better on the eyes here okay so the first position that was executed was executed a 10 lot at 135 400 which was a loss 135 400 it was executed right over here 135 400 the stop loss was kept below the previous candle right over here because once this candle closed bullish i was expecting the next candle to respect the low of the previous candle which it didn't you know but at the same time when price is continuing up i opened another position at 140 135 418. now here's the thing the 10 lot i opened at 407 the stop loss was below the current 30 minute candle the smaller position the five lot i opened the stop loss was right above 135 0 70 0 80. that's where the stop was because i was trying to like test some things i was trying to test like highs and lows of the london session to see if they really get respected by the new york or not so that's why the stop loss is pretty big the stop on my smaller position was about like 35 you know 35 36 pips i was basically um risking 10 no actually around like 50 profits from the last two days actually less than 50 like around 35 to 40 profit from the last two days so i was risking those profits to try to see if i can have a higher time frame bigger trade right so the 10 lot basically got stopped out when the next candle broke down here so it got stopped out around you know 135 323 um the five lot was was still running you know so 135 418 when price came down i was ready to take a loss but you know i was like okay if it hits me at stop loss that's okay i'll call it a day but it actually reversed the 7 30 a.m eastern candle started went going up so when it started heading up what i did was i opened another position at 135 370 right so this position was opened when this candle was starting to come down i opened at around 1 35 135 370 somewhere over here i think this was an impulse position as well which i opened because i wanted it to really continue going up based on the previous candle but as it started to come down i closed it before it hit my stop you know so i think that was a that was the dumb trade i took so you know like hey you know pros make mistakes by far i'm not a pro but still you know that was uh that was a mistake i made um then you know after new york opened after new york opened round closer to new york open i took a buy at 135 333 this buy was taken right around here 135 333 right over here i took a buy based on the fact that this candle rejected 135 right if we had a candle rejecting 135 that means now there's a higher chance for price to continue moving bullish so it took an entry around 135 333 and that started running bullish you know at the same time i had two buy stops i had two buy stops at 135 460 and 135 463 which you can see right over here and these buy stops lined up perfectly with 135 460 right over here let me just remove this one green line here let me just color code this with the blue line so these are my buy stops at 135 461 462 because as price was continuing to break above this area here which it which created a resistance in pre new york that means price should continue moving bullish after the fact right so buy stops got activated um the reason we thought we put buy stops is because we want price to continue through that area you know so price started to continue through that area so i was like perfect now once this started to continue my stop was below the current candle so now i had three positions running one was at um 135 418 which had a stop down over here i had another one at 135 333 right around over here because this candle closed bullish so there was a higher chance for the new york open so this is also the new york open candle which had a high chance for the new york open candle to continue moving up and then i had um two uh buy stops at 135 461 which i closed at 10 pips and i left the rest two positions running with stop said break even and if you see here even if this was at 135 333 putting stops at break even it just kept on running bullish you know it ran bullish till about i would say 136 900 was it 136 900 um 136 136 700 and 135 900. so when i close at like 130 5 9 18 135 918 as price started to come into this level here i closed out before i started to go about my day but the one position that i had from um 135 418 i kept it open till the next asian session you know and that actually ran up towards 136 700 so 136 700 it if i if we look to the left here on the four hour time frame i'm pretty sure it made sense yeah right over here 136 700 this area there if you look on the left hand side so if i extend it all the way over here and if i zoom in this area right over here 136 700 going on to the one hour time frame whenever price is trending up you need to look left and you need to go down to small time frames to find out any um areas of importance so if we go to the one hour this was the area where the one hour candles came up before on the 10th of march and rejected it you know so what were the odds of price coming back up here again and rejecting it again you know so as we moved into the asian session as you can see this price continued to run up it ran up towards the asian session and that's where i closed my trade you know so this ran for about i'd say like like you know 150 pips i think it was a pretty good trade so now me leveraging my profits from sunday to monday going into tuesday netted me much more greater gains you know so the only reason you should be leveraging your profits are if you've reached a two or three day goal in a day or a day and a half you know so it makes sense in that aspect to maybe like kind of like you know really push it push towards your targets um next we had uh buys in the uh oh actually when i hit this target here um i closed at like five thousand and eight hundred five thousand nine hundred dollars that one position netted me five thousand nine hundred dollars i have i think i think the last time i held a buy or a sell for that long was in march when there was a lot of volume in the market march was one of the biggest months i had so i mean this position ran so it put me way ahead for the day right so next i skipped the asian session because i already secured profits in the asian that ran through new york and now i decided to skip the asian and go straight towards the next new york session now next new york session started at about i'd say at around like 7 30 a.m eastern so we're going to talk about that right now 7 30 a.m eastern was about um let me find that over here let's remove everything here and let's draw a support down over here and let's go to the 30 minute time frame and what we're going to do is we're going to start looking at it the way we found the trade so let me just push this up all right here we are so on the 3rd 3rd june i skipped the new york session as well didn't really feel like trading in new york on the third because of i was already up for the week so very comfortable right so we moved towards the fourth of june um i think this was a thursday thursday moved towards the new york session so on new york i took two trades here which were 210 lots which i took at 135 136 565 and 136 600 this was taken before the new york open total i made around like 2100 in that day these trades took about maybe like like five ten minutes so the reason why these trades were taken was if you look right over here this is where what we were looking at so overall four hours bullish one hour was bullish um what basically happened was that price created a high before the london session so high was created before the london session right over here which matched up to a support was created the previous day in the asian session right price came down kind of like created like a support we had this candle now i was looking for buys right it depends what you're looking for so when price is right over here there's no cells you can't take any cells because support is right away over here so there are basically no cells no selling confirmations the only buying confirmations came from the fact when we had this candle breaking the high of the previous candle right so when this candle broke the high of the previous candle that's when i secured i opened a buy position right over here around like you know five six five whatever my stop loss was below the current candle about this is like about like you know like 15 to 20 pips might take profit was all the way up over here which is like about 32 pips now this is a more than one-to-one risk reward um so when price went up to like 136 700 when we went up to like 136 700 this is where i decided to close the position again this was a negative rr but i secured positions you know as price went up to like 10 11 12 pip profits i decided to secure positions because i think price kind of retraced and i don't really want to lose profits at that point i was already up for the week so i decided to secure all positions instead of holding some at break even and what not you know so so that was the trade i took where i um extensively wanted to close now the thing is whenever you're closing positions you have to understand now price may start going in your direction or price may start retracing so it's always a great idea to close positions or maybe secure with runner i think looking back now i should have led a runner running up to this point and secured maybe portion of it that way i'm i should have been up a little bit more than i was so the reason of doing these recaps is by going through my performance and seeing where i could have done things better or you know where i could have like you know maybe let my positions run a little bit longer which i did which is good right so let's move into the asian session here which is um the same day around i think asian open i took cells on jp jpy and the reason i took cells this is really interesting right so the reason i took cells was because if you look over here this was the candle that closed before the asian open on the 3rd june right this is the asian open candle that went all the way down now when you look over here this is the same kind of like candle which is closing before the asian open and just like right over here we had a support right over here we have another support right over here right so the idea was that okay i missed this asian session i didn't trade in that agent because i already secured profits but the same thing was herself i was like okay i can probably get a trade coming down towards 137 300 right so this was a range of like about like a 30 pip range with a stop of about like 10 11 pips top so to really understand this trade we need to go through the five-minute time frame because when i executed the trade so this trade was actually executed on i had like 15 lots open at 137 615 so this was opened around short position 137 615 this was opened as this 30 minute candle was about to close i think there was like five minutes left for it to close maybe like two three minutes left for it to close i opened that trade my target was somewhere down over here but i took profits at around 137 515 like one to one risk award um so that worked out really well uh let's go towards the five minute time frame and kind of like break it down based on the five minute and let me just explain how this all worked out so this was a little advanced trade here where i used multiple time frame analysis here so this is basically so if you look at the time at the bottom this is like 1900 hours and 55 minutes right this is the five minutes before the candle closed right and this is where i took the entry at 137 615 the stop was kept above over here like around like 10 11 pips price went down as price came down towards like 10 11 pips i secured positions because i really didn't want prices like retrace because you know it's the asian session you never know what's going to happen it's also nfp the next day so it might start ranging again so i secured profits once price came down to this minor support level you know because after that you see price came up so if you look at the exits the exits were at 137 513 and 514 right so if you look at the exits they were like 513 514 right on the dot you know because i realized that hey it's time this is the time not to be greedy because there's less volume in the asian session you know there's a minor support here too so it just made sense to close positions and let the rest run if they wanted to run right so i think that was a very very good trade there too i acted on my instincts closed positions secured profits so i think it ran out really really well now looking at the last trade here on gp jpy this trade was executed um around like pre new york 6 30 now if yeah like around 6 30 6 6 30 a.m eastern um this was a cell over here this was at like 137 976 so 137 976 so this trade was executed around right over 137 what was this 137 976 137 976 976 this is where the trade was open so this was a cell right this cell was based on the fact that we had bearish candle coming down we had a bullish candle and then we had a bearish candle which closed below these one two three candles and then i was expecting this candle to continue moving down and maybe correcting the move down towards you know one thirty seven six six three but who knew gj is going to continue pushing up then no one knew was going to happen so actually that i closed in a loss that was a loss of like 24 15 4 cents it was like okay whatever and then we had a buy on usage jpy this was the nfp buy now looking back how could i have taken this bias i mean it made sense that price made a high came down created support i think this bullish candle was a confirmation for the next council to continue up as they made high highs and higher lows and continue going up a lot of people took these buys on gp jpy and they got like pretty pretty nice returns right so that's pretty good pretty incredible to be honest so let's take a look at usd jpy here um this was the buy stop on used to jpy the buy stop was basically placed at around 109 251 256 yeah 256. 199 256. buy stuff was placed right over here anticipation was that okay since we're creating a support over here i'm going to place a buy stop above the 30 minute candle now 30 minute candle is much more stronger confirmations than the 15 minute candle so i took a buy above the 30 minute candle in in the anticipation that if the price is going to break up above the high it should continue up towards 109 400 it eventually continued up way way more i think this move was about like 50 55 pips we called it live on the asian on the uh live stream as well in new york and it ran really well i think i made about like 282 dollars in that day you know so that day i made 282 dollars coupled with the asian session trades i had so i think it was pretty good um going over this recap was really important because this this way people who are new you kind of like understand the reasons why i'm taking the trades the breakdown of the charts and candles looking at the high time frame where the stop losses are where the candles are where the whole thinking is around you know smaller positions bigger positions all these trades are actually logged on my instagram this is my instagram right over here all these trades are logged right over here for um you can go through the trades from march april uh may june so let's take a look at the june happened um yesterday as well with gj so if you look on gj this is the same move that happened yesterday so these are two that ran really really well like so these are the same numbers right these are the same numbers so i try to keep myself accountable trading for combo days beautiful two cells on see this was the buy stop on uj this was the this is the loss i had so you can watch watch all these recaps with my withdrawals here too so i think this helps a lot of people here too so anyway this was for educational purposes only i hope this helped you a little bit please like and subscribe because if you like the video it helps me a lot because because the youtube algorithm takes these likes and takes this video and it pushes towards other people who who really want to watch the same sort of content so without further ado i'm going to see you monday at 6 30 a.m eastern for the new york sessions have a great day everybody

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