you guys want to see it i get requests
about it non-stop you want to see
a full trade from start to finish live
so in this video i'm going to show you
exactly
what i did from start to finish from
pre-market analysis
to entering the trade to how the trade
played out
from beginning to end spoiler alert us
30
dumped yesterday
[Music]
welcome back to the channel everybody my
name is artie and this
is the moving average a show where we
discuss everything day trading to keep
you profitable on a consistent basis
so the reason i have not done this type
of video is because
trades sometimes take forever so for me
to do
a six and a half hour long video showing
you how i sit and stare at the charts
non-stop is ridiculous so i've broken it
all down i did a live stream yesterday
and i predicted that us-30 was going to
tank
so this video is going to be structured
with clips
of that live stream exactly what i was
discussing
and how i was breaking down and
analyzing the price action of us 30.
then i'm gonna show you screenshots of
my entries for the trade
and then we're gonna do replay mode on
the chart on trading view
so that you guys can see exactly what
happened and why it happened
this is literally as close as i can get
to doing a live trading demonstration
for you guys so without further ado
let's rewind time and get back to
yesterday's live stream
all right so um us 30 on a one hour time
frame you guys know that i like to set
up my sport and resistance levels
so i have done that already if you guys
don't know how to do that draw lines
across
the tops and bottoms of these moves and
those are your sport and resistance
levels
but you see this one that happened
recently not recently
on may 10th this is a one-hour time
frame
and then we had these two right here and
then the price
uh we're at that same level again right
so i'm going to draw a line across the
tops of
these rather
because that is an area to keep in mind
we are above that level
right now zooming in we had
now this is this is where it gets
interesting ready
right before i went to bed last night
i'm watching us 30 because i i kind of
wanted to plan out what i was gonna do
today
so check this out uh we were at this
previous level of support
right and then we dropped down we came
back
up to retest it broke through it a
little bit
and had this wonky wick city going on
right
and right as i was going to bed uh this
was 10
p.m yeah 10 p.m last night for me we had
this
huge huge huge engulfing
bearish candle and immediately after
came back
up so this to me was like this
fake out pumped back up and now we're
sitting here
so when i see things like a fake out
pump
up this is you know everybody that went
short right here off of this wick and
they had their stop losses
just above the wick of this candle
and the price went up to hit everybody's
stop loss
and now it's starting to go down so if i
pop up the tma
rsi divergence indicator which is a free
indicator brought to you
by phoenix binary a member of our
discord community he made both of these
indicators that i'm going to show you
today
or that are going to be on my chart but
check this out so we have
a a high and a higher high
right but on the rsi we have
a high and a lower high this was a tiny
divergence and we had that
big bearish candle this is a bigger
divergence
so just looking at that you know
you see it right and the price
created a higher high so what i'm
waiting for today
and i think it's gonna [ __ ] cascade
down
or at least get me a 100 point move on
us 30.
i'm waiting for this trend line to be
broken
again when i tell you guys to not
trade reversals if you are a beginner
there's a there's a really really good
reason for this
because like i mentioned before these
higher highs can continue to go up
creating more
and more divergences so
if you look at this rsi and we were to
play this out and it was
it's going to uh make higher highs
continually but it's going to do this
it's going to keep making lower lows on
the rsi
and yet the price is going to continue
to go up and up and
up once this level passes
this like floating 50 line on
uh the indicator at that point then you
should start
like really considering short positions
because we've had so many divergences
this is just an example of what may
happen in case it does keep
creeping up to this previous level
of i mean massive level look at this
level ready
look at that this is where it was before
and it [ __ ]
tanked i mean tanked tanked tanked
so if it does not break this trend line
it will go up to here creating
divergences
along the way but what i'm watching
and i'm watching it closely is this this
trend line
let me make this a little bit more
touching all of the price action
right there right there
it's a wonky zone right now because it
needs to
break this level of support as well as
break the trend line
and i don't know how long this is going
to take we could get a
massive massive candle right here
and uh yeah i'm excited
for what's going to happen to us 30.
and it's probably going to happen today
tuesdays are really good trading days
let's check out the rs
yeah it's just it's making divergence
after divergence after divergence after
divergence
we are on the 15 minute trading below
the 50 level
after what is that one
two three four divergences
you're starting to see this arch right
here so
we might we might cascade down today
just my opinion i'm watching this very
closely today
us 30 15 minute what did it do
what did it do what'd it do oh
just a little bit more just a little
like
you see this this 21 moving average how
it's starting to swoop
starting to swoop i i really want to
focus on this trend line because every
time it's hit this trend line we've had
wick city
and then skyrocketing up we've had
divergences
i want to see what happens right here if
i get a nice
nice closed candle either before market
open or after
whatever if i get a nice red closed
candle here
i will wait for the next one to form if
it starts going the opposite direction i
know it was a trap
if it starts going in this direction i
am going to
target zones bro i'm going to target
zones
basically at this point because you're
counter trend trading
you're not looking for full-on reversal
okay
it could this is what's probably gonna
happen okay
it's already broken through the 21 to
the 50. it might
get rejection off of here if it does
continue down
it might get some you know wonkiness at
the 100
and then these are your areas this
is your first take profit this is your
second take profit this
is your third take profit because you're
counter trend trading you do not want to
you know shoot for the moon but what you
can do is target these moving averages
so we've already had a lot of
divergences here i don't see why it
wouldn't reject down to the 100 which is
also a level of support
and resistance on the 15 right here at
750 and that's almost 100 points that's
90 points from where the price is right
now
so now that you have an idea of what i
was looking at
at that time i did in fact wait until
the price
broke that trend line the entire
london session was wick city it was
wicking
up and down just crushing everybody's
stop loss that had a stop loss that was
way too tight
those wicks are literally just
accumulation getting more people's money
to build up that momentum
to dump to the downside because like i
mentioned before it was a really wonky
zone
with this support level right here as
well as the trend line
so it balanced between these two
non-stop so we are
in replay mode right now let me show you
how it worked out right after that
candle closed during the live stream you
can see it came down to touch that level
that we had this big engulfing candle
then wick city all day bouncing in
between this
wedge faking a few people out right here
then this candle right here really
messed with people because at one point
it was this huge red candle with a big
rejection wick to the upside and at this
point
a lot of people went long these are the
people that fell for the trap then the
next candle that formed was this huge
engulfing candle
at this point right here i entered three
positions
0.2 lot sizes on all three positions
the contract size was 100. the next
candle that printed came back
up to this zone that i had marked up and
started rejecting off of it creating
this wick
the second it started rejecting off of
that i got in on
two more positions going short now you
can see
all of these wicks that were playing out
during the london session
and if we take a closer look it's
literally wicking
just above the price of this candle and
wicking
below just the price of this candle this
is literally just a quick stop-loss hunt
for everybody
that is scalping and has their stop-loss
way way way too tight now as you just
saw from the live stream
i knew that there was going to be a
little bit of resistance at this zone
and because it is a counter trend trade
and i am a scalper i'm not going to hold
trades for a very long period of time
this was my zone that i had marked up
and i was thinking like a good solid
level
at 34 750 but i didn't want to risk it
just in case it didn't hit that exact
number
so i put it at 34 760. with a total of
five positions
scalping this move down to this level is
completely
fine with me plus the fact that i limit
my trading hours
to the time that i'm at the office i
don't like to be in a trade when i'm
at home playing with my daughter or
running errands or doing my normal life
the number one reason that i do that is
because when i'm with my family or when
i'm doing my life things i want to be
fully focused on that i don't want it
sitting in the back of my head that i
have an open trade
on us 30 and i'm hoping that it hits my
take profit it's going to distract me
from my normal life
and i want to be fully engaged when it
comes to that aspect of my day now
normally when i'm scalping i'm in and
out of a position within two hours
but this one played out all the way
until
the new york session we had a rejection
here came up
and we wanted to test this trend line
again like i said before
literally wick city all of london
session
now at this point the trade is
definitely going in my direction i'm
completely confident in it
but i know that new york session is
going to be starting soon and
when the market opens up in new york
there is crazy amounts of volatility so
at this point
i know that new york session is going to
spike up and down
kind of juking people to get in the
wrong position so i actually
placed a sell limit order to get in at
34 820 something you can see it right
here now this candle right here got
really close to hitting my take profit
it was four points off
and i'm like [ __ ] new york open is just
going to be a [ __ ] show sure enough it
starts coming up to retest this trend
line
dumps back down and then we get this
massive spike
up at one point this was a huge green
candle and at this point
all five of my positions were negative
but it happened
so incredibly fast that not even my sell
limit order
executed right here and then the price
literally
just cascaded down hitting my take
profit within a few seconds of market
open
and reaching that primary take profit
area that i mentioned
during the live stream now when i'm
doing these short positions i look at
historical data for example right here
we had that rejection down it didn't
quite hit the next zone it came back
up to re-test and come back down here
this whole move right here
was one day and 20 hours and i didn't
want to be stuck in a position like this
where i have a trade open for nearly two
days so if i were actually targeting
this next support and resistance zone
i didn't want to be stuck in this all
the way till friday
that's why my primary take profit was
right here at 760 because i'm a scalper
and i didn't want to hold this trade for
a long time now you guys know what
happened to us 30
in the next three or four candles it
dropped
all the way down to that zone i'm not
nostradamus
i didn't see this thing happening i saw
the price in my head
slowly coming down to this next zone
over time yeah i
obviously could have held this trade a
little bit longer but that is not my
trading strategy i scalp
i'm in i'm out i take my profits have a
nice day
so what i want to show you now is what
happened and why it happened right here
because you can see i was focusing on
this trend line but the
overall way higher time frame trend line
with these massive spikes down i line
those up extended that trend line out
and at that point it literally crossed a
major level of support and resistance
and what did it do it wicked down below
it trapping some people
and started coming up from there so
that's my trade
from pre-market analysis during the live
stream with you guys
discussing my thoughts and anticipations
based
on price action market structure support
and resistance levels
as well as the divergences that i
explained
in exhaustion right here with the tma
rsi divergence indicator which is linked
down below it's free for all you guys
because i love you so now you know what
to look for
when finding these trend reversal trades
but keep in mind if you are a beginner
you don't want to focus on counter trend
trading
honestly it's way too difficult for the
beginner stick to the hidden rsi
divergences
for trend continuations when you get
rejections off of that trend line with a
hidden bullish or bearish divergence
you're good to go to hold that trade
anyway i hope you guys like the format
of this video i know
it's not an actual live so you can trade
with me but that video would take
six and a half hours and literally
nobody would watch the whole thing if
you guys want to learn more about
rsi divergences which is one of the
primary indicators that i use to place
and exit my trades check out this video
right here and if you guys got some
value out of this video and you like the
way that i teach consider subscribing to
the channel by clicking this button
right here thanks so much for watching
and we will see you
in the next video