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Sniper Trading Entries To Profit In Bull & Bear Markets (That Nobody Tells You)

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Sniper Trading Entries To Profit In Bull & Bear Markets (That Nobody Tells You)

hey hey what’s up my friends so in today’s training right it’s all about sniper trading entries appeal right so you’ll discover four simple price action patterns right so you can you know better time your entries predict market turning points and overall improve your trading results so i don’t waste any time let’s get started number one the breakout with a build up right so this is a entry technique right that helps you identify high probability breakout trades and here’s the thing to look for number one you want to have the market right to be in a range for at least 80 candles or more and the reason is simple because based on my observation all right the longer a market range the harder it breaks so for example let’s say you compare a range one that is like this and another one that is like this when the price breaks out right which of these two range market will lead to a stronger trend if you ask me it’s this one over here and the reason is quite simple actually is because when the market is in a range the longer that it’s in a range more resting orders will accumulate above the highs of resistance and below the the lows of support why is that simple right when the market is in a range trader will look to buy low sell high you know buy support sell resistance when you buy at support the lows of support where will you put your stop loss probably you know below the lows of support and if you think about this right if you are long at support your stop loss is in essence a sell stop order make sense so the longer the market is in range the more sales stock orders will accumulate at the lows of support and likewise when traders who are selling near the highest of the range at resistance it will accumulate right a number of buy stop orders right from traders who are short they are stop loss order is in essence right a buy stop order so when the price breaks out of this range this cluster of stock orders will be hit and if you imagine if the price breaks out of resistance it hits a cluster of buy stop order that is buying pressure to push the price up higher so this is why we look for the market to be in a range for at least 80 candles or more now you don’t have to get too you know anal about this right the market is in 78 candles 79 it’s fine i just leave a general guideline to use as 80 candles the next thing you look for is for the 20ma to support the price before the breakout and what we are looking for is for the price to consolidate just before it breaks out like this like this consolidate okay and the reason we want this consolidation is for two reasons number one when it consolidates near the highs of resistance this is a sign of strength it tells you that buyers are willing to buy at this higher prices that’s one number two you have a logical place to set your stop-loss because now your stop-loss can just go let’s say below the lows of this uh build up maybe somewhere about here distance below it somewhere here compared to let’s say the consolidation didn’t form it looks something like this right let’s say market in the range it breaks out the nearest point where you can set your stop-loss is below these lows of support and it’s usually pretty done large so when you have a build up that’s being formed when you have a consolidation it offers you a more favorable risk to reward on your trade so let me share with you a few examples about the breakout so first one over here okay you can see that this market is a dollar against the chinese union uh first and foremost you want to see at least 80 candles from here the start of the range all the way towards the end like i’ve said right 80 is just a general guideline if you have 75 77 78.

69 whatsoever it’s fine so how do you know there’s 80 candles over here so what you’re looking for is again you can use a tool like this one over here on trading view pull it from left to right you can see that at this point in time you have about 86 bars on this on this chart so for forming this range okay so that meets our criteria the second thing to look for is remember we are looking for a breakout with a build up so this is where the build up has formed okay and the key thing to note is that you want the 20ma to catch up with the lows of the build up to tell you that to signal to you that the market is getting ready to make a move so just pull out the 20ma and at this point some of you might be asking oh rainer should i use the 20 ema or the sma the wma honestly doesn’t matter concept is what matters if you use ema sme whatever me it’s not gonna make much of a difference all right well in this case i use an ema okay but again won’t make much of a difference and you can see over here the price has or rather that 20ma has caught up with the lows of the build up this tells you that the market is ready to make a move so what you can do is simply to place a buy stop order above this heist and your stop-loss can now reference this swing low right to set your stop-loss because imagine if if without this build up right your stop-loss will be referencing from this low over here and it’s very wide and that you know kind of you know doesn’t offer a good risk to reward on the trade okay so this is what a breakout with a build up looks like so let’s look at another variation so for this variation you can see that the build up formed right before resistance for this one over here euro dollar just going back in time you can see that over here we have this area of resistance somewhere about here and this time around the build up actually formed after the price has gapped above this area of resistance so this is another variation to it so here’s the thing about technical analysis as much as i can share with you so-called textbook examples cherry-pick examples but when you are trading in the live markets it’s very important to understand the concepts that i’m teaching because the examples that are going to unfold itself maybe for your market for your time frame will be different it’s not going to be you know exact picture perfect so this is why it’s important to understand the concept and whatever variations is being thrown at you right you can still grasp it right so in this case you can see that in this case right the market broke out of resistance over here then it formed a build up at the highs or just above the highest of resistance so if you think about this logically what is the market telling you from the looks of things it’s telling you that hey prices get up higher break out of resistance and the price is now consolidating at the highest of resistance it could hit higher it could hit lower it’s anyone’s guess but the fact that it can still consolidate at the highest of resistance without you know without you know breaking down below it’s a sign of strength telling you that hey buyers are still willing to buy at these higher prices so what can you do to to to trade this breakout again same concept you want to make sure that the build up form is long enough so pull up your 20ma and make sure the 20mm has caught up with the lows of the build up in this case it did over here at this point touch the lows of this build up and it starts to reverse so at this point you could place a buy stop order above this highs your stop loss can reference now below this lows below this lows right to set your stop loss okay so this is another example of a breakout with a build up but a variation to this is that the market this time around has actually broke out of resistance first before you know it forms a build up so one more example to to take home this point so another variation to this right so if you understand the concept so far it’s skin looking for a range of at least 80 candles waiting for a build up to form at resistance or at support if you’re looking to sell the market and then let the 20 may catch up with the lows of the build up so in this case you can see again price form a series of higher lows into resistance 20ma has caught up with the lows of this uh this ascending triangle over here so what does this tell you again this is another sign of strength it tells you that buyers they are willing to buy at this higher prices that’s why you have this series of higher lows higher low higher low higher low coming into resistance so where can you enter a trade you can set your your order just above the highs of resistance somewhere here again stop-loss is there a logical place to set your stop-loss well looking from this setup right you can see that you can actually reference it now from this swing low to set your stop-loss maybe somewhere about here because you have this a built up you have this higher lows that you can reference from to set your stop-loss make sense okay so this is what i mean by the breakup with a build up and obviously right the opposite of a breakout of with a build up is just simply a breakout without any build up where it goes up like this breakout right this is the type of breakout that i avoid because there’s just no logical place to set your stop-loss so moving on the first pullback so here’s the thing right sometimes you are trading the breakout with the bitlock and you might miss the move maybe the market doesn’t make any build up and it just go boom right just breaks out of resistance so what now this is where you want to pay attention to the first pullback because whenever the market breaks out there is a high probability that it’s going to make a pullback right it needs to rest take a breather pause know you know after you run 100 meter you need to take a pause look for the first pullback and the key thing to look for is that uh number one what your first use allows you to catch a trend even if you miss the first wave of the first move so what you look for is a breakout of resistance a weak pullback so a weak pullback simply means right that the the range of the candles are nice and small so very nice and tight so it’s not large but just small range candles on the pullback and the 20mm has caught up with the price so as the price makes a pullback you want a 20ma to you know to slope up higher and to catch up with the lows of the price kind of similar to the breakout with the build up that you’ve seen earlier okay so let me share with you a few examples of you know the first pullback so if you look at go okay you can see over here at this point price has broke out higher okay and a mistake that many traders make new traders is that they’re gonna buy the breakout they’re gonna buy this bullish move over here oh reyna look how bullish this market is it’s going to the moon right it’s time to buy what you’re waiting on the sidelines you’re in [ __ ] right you have to be buying right now rainer well that’s me when i started trading like you know maybe 10 years ago so no that’s not a good idea you don’t want to be buying right now and again remember i mentioned that if you were to chase breakout if you were to buy breakout without a build up there is no logical place to set your stop-loss if you look at this price structure the nearest price structure you get is this possible previous resistance that could become support so your stop-loss might be somewhere about here pretty done large so remember we said that if the price breaks out and you miss the move don’t worry wait for the first pullback right the first pullback and what you want to look for is for the price to retrace right with small bodied candles so in this case we have a retracement over here okay and let the 20ma be your guide because here’s the thing right when the price pulls back like say at this point over here it’s starting to pull back you’re wondering man is it time to enter the trade so this is where the 20ma is so useful let the 20ma catch up with the price first so at this point you can see that the 20ma is still a distance away from this uh this price point this low of this candle so give it some time give it a few days for the 20ma to catch up with price so as you can see over here when the 20ma finally finally on this uh this bar it has caught up with the lows of this build up of the order rather the lows of the pullback this is where you’re ready to place in order to enter this market and again very simple buy stop order can just go above this highs logical place you set your stop-loss can now be below this swing low over here so can you see the difference between chasing the market and waiting for the market to come to you okay so this is what i mean by the first pullback so even if though you’ve missed the first move don’t worry opportunities can still come around okay so in this case uh this is where we got the first pullback price eventually broke out of this highs then you can just reference either this swing low as your stop loss or if you are more conservative even this low next example aussie canadian same thing okay same i’m going to walk you through the psychology of traders who are looking at this market so over here boom right price breaks out and what traders will do is they will make their way for a pullback possibly to previous resistance that could act as support sometimes the market does re-test sometimes it doesn’t so what now remember the first pullback what you’re looking for is a weak pullback small range candles and let the 20ma be your guide so pull out the 20ma 20ma has to touch the lows of the pullback first so in this case it has touch it over here great it has touched the lows of the pullback and if you look at the range of these candles it’s very nice and small very nice and tight that’s good because it tells you that there isn’t any strong selling pressure you know controlling the market and about to push the price lower if you look at this right this is strong selling pressure strong selling pressure strong selling pressure look at the range of all this bearish candles and you compare that to this one over here do you see the difference one is where the sellers are in control the other one buyers and sellers they are inequitable no one’s in control and you want to see this type of price action where the candles the range are small so now 20ma has caught up with the price great what now so again you can just go with a buy stop order above the size selling stop loss can just go one atr below this lows give it some buffer maybe somewhere here and that’s how you trade the first pullback make sense next one and by the way if you are enjoying this video so far smash the thumbs up button if you don’t then hit the subscribe button so next one the false break price pattern right so this is simply a reversal price pattern right to profit from losing traders i’ll explain more later what you’re looking for is a strong move into support or strong move into resistance depending on your trade direction so let’s say we are looking for a strong move into support right you want the price to trade below the low of support and close bullishly above it vice versa for short trade so in other words what you’re looking for is for the price to come aggressively bearishly into support take out the previous low of support okay and then close bullishly back above it this is what i call a false break because this is a false breakout of this loss so an example to illustrate my point dollar against the uh sorry not this one uh pound canadian okay so let’s look at pound canadian so this one is the uh strong move right into resistance you can see how bullish this move is let me just zoom in the chart and you can feel the bullishness price made a strong bullish move into resistance taking out this highs next candle we have a sudden reversal so earlier i mentioned right is a reversal pattern right to profit from losing traders and i want to ask you this question who are the losing traders can you think of an answer and answer is quite simple the losing traders are those people who bought the highs of this breakout so can you see that when the price break above the highs of this breakout do you want to be buying earlier we talked about the breakout with a build up did any build up form before it broke out didn’t right just made a strong bullish parabolic move into this area of resistance and then reverse lower so those traders who bought the breakout of this highs or maybe when it closes above here they are now in the rate because the market made 180 degree reversal against them so this is why i said don’t chase breakout don’t buy breakout without a build up this could happen to you how do you trade this very simple next candle open you can go short okay next candle open you can go short stop-loss or i can just go a distance above this heist somewhere here this is what we call a false break in essence a false breakout another example aussie against the new zealand how about a weekly time frame same concept over here okay so so this one i want to share with you it’s uh something interesting right so aussie new zealand if you look back okay we had a false break previously at this area of resistance right previous support that could act as resistance once twice and came back here over here over here is a false break all right price got rejected at the highs of this resistance but as much as possible that you know this is a setup that you could trade i want you to know that trading easy isn’t like you know you enter set your stop loss you say a target boom market stereo give you profits doesn’t work that way because if you look at it market can consolidate play with your feelings made you cut your loss prematurely and before you know finally reaching your target for example this one over here it gives you a false break consolidate here goes up comes down goes up comes down goes up comes down goes up comes down and maybe finally right reaching your target that depending where you set your target you know maybe at this uh this lows over here perhaps you could set your target one possibility is at this uh this lows over here that could be one possibility but you can see that the market didn’t just went smoothly in your direction you play with your feelings right goes up goes down goes up goes down so so although topic today’s topic is just about trading entries i want you to know the importance of trade management how are you going to manage your trade if the market moves against you how are you going to manage your trade if the market moves in your favor so this is a very important topic that you know i can’t cover in today’s video if not you’ll be you know a few hours long but you have to think deeply about this and another one over here again this market uh isn’t making it easy for traders you have a false break at this heist of our resistance over here a false break again goes up good sorry goes down goes up goes down now it goes up again it’s playing with your feelings right man should i take profits or should i should i hold on to my trade or should i follow my trend and let it hit my first target and let’s say maybe at this swing high where i could become a previous swing high could become support you know these are questions that you have to think about i can just show you the entry sniper trading entries but it doesn’t mean that it’s going to be easy as one two three where it’s gonna reach your your target quickly right it’s gonna talk with your feelings it’s gonna mess with your hit and this uh questions or these are things that you have to be aware of and you know plan for it ahead of time okay so this is the another example of the fault break and one more is the dollar against the mexican just to share with you so in this case this false break is basically against the trend but still is a valid set up so as you can see trend is towards the upside price had a strong sell-off or a strong pullback then you stage another rally right and re-test the previous highs over here this heist then it get rejected and closed near the lows of the day this is a valid false break can look to sell stop-loss can go 180 are above the size and your possible first target could be somewhere about here okay and again in this case uh uh well it depends if you depend on how you set your targets if you set it at a smack at this extreme lows probably won’t get filled market in fact retrace against you tall with your feeling give you some hope toy with your feeling give you some hope talk with your feeling and then finally collapse lower and then hit your target over here so again right i just want to bring you to the reality of trading okay no fancy pensive stuff over here and next one okay that’s the third technique the false break price action pattern and finally the last one is what i call the brick of structure so the break of structure is a pattern right that allows you to catch the turn of a new trend with low risk i’ll explain why later so the key thing to look for is number one a downtrend approaching support areas of markets in downtrend ticket lower high and lower low like this then let’s say let’s say this line over here is the key area of support right that this key area of support is uh can be seen on the higher time frame okay then what you’re looking for is a break of structure so the current market structure now is lower high lower high lower high lower high and lower low so what you’re looking for is a new series of higher high and higher low something like this goes up higher pulls back and then breaks out higher so at this point you now have to have a higher high and higher low make sense so this is what we’re looking for and the key thing again right is that you want the market right to come into key price structure that can be seen on the higher time frame so for example let’s say you’re looking at a break of structure on the four hour time frame the price has to come into support on a higher time frame or resistance on a higher timeframe so let me explain what this means right might sound confusing but this is key because you want to trade off strong levels on your chart to increase the odds right that you know the market will reverse first one over here dollar against the norwegian chrono okay so you can see over here i think the weekly time frame price has came has come into this key area of previous resistance that could act as support over here okay and the break of structure here can be seen on the lower timeframe the eight hour timeframe so remember this black line you know let me just split up my chart so you can see what i’m seeing okay so on the eight hour time frame so this is let’s see this is the weekly then this one here be the eight hour time frame this point over here is in essence right this portion here so if you just zoom out and look towards the left right you’ll see that this is the area of previous resistance that could actually support so the break of structure is pretty much as what i said earlier right a series of higher high and higher low so if i just to keep things constant this would be the black line that you have seen on the weekly time frame so what you’re looking for is at this point you have a series of lower high and lower low lower high lower high lower high low high and lower low so you don’t want at this point you don’t want to be buying just yet because price has not formed a new break of structure so what you want to see is a series of higher high and higher low so at this point you have a higher high right and it pulls back this is key right look at this pullback it’s very weak let me just you can see over here the range of the candles is nice and small and this is what you want to see because it tells you that the sellers are not in control okay so you have a higher high higher low so when the price breaks above this highs you will go long and again i’m not just blindly trading this break of structure it’s because big picture-wise you’ve seen that on the weekly time frame okay uh which is this one over here this uh this sorry this should be the weekly timeframe okay this weekly timeframe over here okay it’s in an uptrend and it’s in an uptrend and also it’s coming into this key price structure over here where previous resistance declaration support only then right on this lower timeframe the eight hour time frame do we do we uh trade the break of structure so i’m just going to find this break of structure over here again right only then do we trade this break of structure does it make sense so i’m not trading this pattern blindly there is uh the context of the market to consider as well so another example right poundian let me just go to pound yet let me just uh make the chart big again okay so poundian daily time frame uh i want you to see is this portion here okay at this point price has come into this previous support right that codex resistance previous support support against resistance and resistance so for those of you who trade off the daily time frame there might be set up that you could trade this price rejection over here okay but that’s not the only set up to trade because again if you go down to a lower time frame like let’s say the eight hour time frame from the four hour time frame i’m gonna share with you what you will see so on the daily time frame let me just find that chart over here okay so over here at this point is equivalent to this juncture this over here is equivalent to this portion here okay so at this point in time right you can see that if you just zoom out market seems to be in an uptrend right series of higher highs and higher lows higher lows higher lows higher lows higher lows right but you know that the big picture was on the daily time frame the market is actually in a downtrend as you’ve seen earlier and it’s at this area of value this price structure this area of resistance so at this point in time right when you’re looking looking at this uh forward time frame you are waiting for clues from the market that this market is about to reverse lower so what are some clues to look for again one example is the break of structure a series of lower highs and lower low at this point you have a lower high okay and when the price break below this low you now have a lower high and lower low this is what we call a break of structure so you can go short when the price breaks below this low stop loss can just go 180 r above this size just a buffer above it okay so this is what i call the break of structure so one more example just to hammer home this this concept called the break of structure uh how about oil okay so just go look at the big chart the big picture oil you can see over here again daily time frame price has come into this area of resistance that you see over here okay you can see they look left right this is an area of resistance tested once twice twice and it’s back here for fourth time and again if you go down to a lower timeframe i’m just going to split the chart up this one forward it’s gonna look like this okay the four hour time frame so over here this portion here right this area of support right is what it looks like on the four hour time frame okay and the break of structure in this case occurred somewhere near here we look at this the price made a series of higher high and higher low at this area of resistance you now have a series of higher low higher low when the price breaks above this highs right it’s a valid setup to go long there is a break of structure in fact this is very similar to the breakout with a build up that you have learned earlier right so another variation of it basically uh stacking concepts on top of concepts so at this point you can see over here this is the area of resistance and this is support right and this is the same juncture that you saw earlier on the daily time frame this is uh coming to a higher timeframe support and over here you have this build up that’s being formed at resistance okay so eventually when the price breaks above this highs you can look to get long stop loss can now go 180 below this low somewhere here but in this case i think this trade didn’t win too well when in your favor and then pretty much reverse and collapse so again that’s the reality of trading nothing goes in your favor all the time so with that said right let’s uh move on right talk quite a bit on the break of structure next thing i’m going to talk about is context matter so yes i spent a lot of time talking about entries right the false break the first pullback yada yada but you have to understand that the context matters so what do i mean by this let’s say you know above like i’m sure let me just explain what is a blue flag so blue flag looks something like this okay price pulls back form a flag pattern breaks out this is a bullish sign but let me ask you do you want to be trading a blue flag in a downtrend or a blue flag in an uptrend so you can see that let’s say for example a blue flag that’s being formed like this price is in a downtrend then it forms a blue flag like this okay and you compare that with the blue flag that’s formed at this point in time both of them are flag pattern but which one do you think has a higher probability of it working out this one over here or this one over here so this is what i mean by context matters okay so first and foremost right the key thing to look for look for is to trade in direction of the trend right could be the current time frame that you’re trading or the higher time frame trend especially for for example you saw a little break of structure it might seem that it is counter trend trading but you’re actually trading in the direction of the trend the higher time frame trend i don’t trade the break of structure if the if i’m trading against a higher timeframe trend because it doesn’t make sense because the odds of it working out is low i only trade the break of structure if i’m trading align with the higher timeframe trend so the first thing is to really write whatever price patterns that you’re trading you want to trade in the direction of the trend as much as possible it’s possible okay for advanced trader if you’re gonna take counter trend trade that’s fine but if you’re new to trading you want to improve your odds trade in the direction of the trend number two don’t trade far from an area of failure let me explain what this means so let’s say for example if you know that the market is let’s say in a trend channel like this okay and you clearly you want to buy since this is in an uptrend but from the looks of things right do you want to be buying at this point let’s call this a or you’re going to be buying at this point let’s call it b i hope you said b and that’s because b is an area of value for buyers if you buy at a yes you’re trading with the trend but there’s a good good chance this market could retrace and pull back and if your stop-loss is too tight you will get stopped out on the pullback so don’t trade far away from an area of value a is far from an area of value no goal you want to trade near b because it’s near an area of value so just a quick example to illustrate this point if you look at euro dollar i’m just going to zoom back out and time this chart remove some lines uh you can see that this area of value somewhere about here okay just obviously i’ll draw this this this trend line something this something like this over here so the key thing to to note right is that you can see that this is actually respecting a trend channel over here possibly you’ll draw this and when the price breaks below this lows over here yes the overall trend is in a downtrend when the price breaks below these lows i hope you’re not trying to sell over here yes right but rain i’m trading with the trend you say trade with the trend yes i said trade with the trend but at the same time you also want to pay attention to the area of value if you’re looking to sell in this market condition where is the area of value okay just look left zoom out area of value possibly is that this this area over here you want to look for selling opportunities at this upward this upper boundary of this trend channel not the lower boundary not here here okay don’t trade far away from an area of value even though you might be trading with the trend if you trade far from an aerial value market is about to make a pullback there’s a good chance you could pull back when it does occur you’ll get stopped out so that’s the second one and finally higher time frame price structure confluence so what do i mean by this so this can really enhance the odds of your trade if you are trading where higher time frame where you’re trading right where there’s a confluence of the higher time frame support resistance for example let me just share with you over here let’s say you euro new zealand dollar okay let’s hit a four-hour time frame you have a very nice bounce over here at this point right many traders might be hesitant to buy this uh this falls break over here right right now look how bearish this is look at the big bearish bad ass candles coming to support rainer are you sure you’re gonna buy now if you just look at this chart on its own right it can be daunting to buy but if you understand higher time frame price structure things will change because if you look at the big picture at a daily time frame okay you realize that that level is a key level let me just split the chart so you can see what i mean right so this is the daily timeframe that you’ve seen earlier and this over here is the four-hour timeframe so basically what has happened is that if you zoom out on a daily timeframe you can see that this is previous resistance that could actually support and this portion over here this portion over here i’m just going to zoom in this candle that you see over here is formed on this forward timeframe this false break that occurred so you can see that on the daily timeframe this is actually a key level this is actually a daily level not just a four hour level okay and that will increase right the odds of your trade especially when you lean against higher timeframe support resistance so this is what i mean by you know higher timeframe price structure confluence this will really you know put the odds in your favor so as much as you know sniper trading entries you know i want to say that it’s just memorizing a few chart patterns but that isn’t the case because context matters or are you trading with the trend are you trading from an area of value do you have the confluence of higher time frame support resistance all this matters not just some magic pattern that you just pluck out of there and you know find it on your chart okay so a quick recap number one the false break price pattern that we spoke about right basically you know profiting or rather it’s a reversal right uh trading pattern number two the breakout with the build up right looking for consolidation before you buy a breakout number three the break of structure so you can enter the start of a new trend with low risk number four the first pullback right so even if you miss the first wave of the move don’t worry you can look for a first pullback to get on board the trade and finally right context methods matters okay so so don’t just focus on the pattern right spend your time focusing on the context of the markets as well so with that said right i’ve come to the end of today’s training i hope you’ve enjoyed it if you do smash the thumbs up button and subscribe to the channel and i will talk to you soon you

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