- há 9 minutos
Curta e compartilhe!
Categoria
📚
AprendizadoTranscrição
00:00In this video, I will guide you to understand the simply about Wicark and Elias.
00:05You will understand what is Wicark and Elias.
00:08And the second thing, I will talk about what you should remove in trading from these methods
00:14and what you can compile from these methods with Smart Money Concept.
00:19And normally will be the example to understand about how you can do.
00:23So let's get started.
00:24The first thing, what is Wicark?
00:26Wicark simply is a market cycle method normally applied in the stock market
00:33combined with the volume and the time frame Lombone used to understand about market cycle
00:39from Wicark's views is daily, weekly, or monthly
00:43because the author who created this method is an investor in the stock market.
00:49Therefore, they normally apply in the very high time frames.
00:53And you can see that here is a market cycle.
00:56You can understand very simply, in the market cycle, have a two phases.
01:00The first phase is the rain and the second case is the trends.
01:05For the rain, we also have the two types.
01:08The first type is accumulation and distribution.
01:11Accumulation in the low of the market and distribution in the top of the market.
01:16And the phase also same together.
01:20The market just in the rain to absorb the liquidities and go up again for the accumulation.
01:27And at this time, the market absorbing all the buying pressure to go down again.
01:32That is the main function.
01:34And in the stock market, due to the liquidity is a difference with the forex market.
01:40Therefore, we should use more the volume.
01:43But in the forex market, the liquidity is very big.
01:46Therefore, we no need to use the liquidity because in the forex market, especially in the lower time frame, that
01:54is the continuous market.
01:55Therefore, volume no more the function in the forex market.
02:00That is the first thing about the white card.
02:02And the second thing is the detail about one phase, the rain phase of the market.
02:07For example, at this time, we have here is the accumulation of the market, as you can see over here.
02:14And in the accumulation, we also have the 1, 2, 3, 4, and 5 phase.
02:20In every phase also have a lot of events like this.
02:24But at this time, what you can remove at this time is don't try to understand every event of the
02:31white card.
02:32because these methods normally not work perfectly in the market, in the forex market.
02:38If you can't analyze, here is the PS, and here is the SC, here is the AR, and all the
02:44thing is very complicated.
02:46If you analyze wrong at one point, every event after that point also wrong, and your entry also wrong as
02:54well.
02:55And what you can apply for the white card, this time, if you see the market have the rain like
03:01this,
03:01you can skip the market, you can skip the trading and wait the market, break out this rain and trading.
03:09From this view, we no need to understand all the events and all the phase,
03:14because you can see on the left side what we have in these models.
03:17We also can have the structure at this time is the low low and the lower high, we should wait.
03:23The first thing is the price break out of this BOS, and when price break out this BOS with the
03:31liquidities from this way,
03:33at this time, you can entry with the break the trend strategies I already introduced in the last video.
03:39So, no need to understand all the events over here, that is too complicated if you analyze like this,
03:46you cannot follow the market movement, you just need to understand here is the rain of the market,
03:53and skip the trade, and very simply, you can set an outlet in the trading view when the market break
03:59out,
03:59one email we'll send to you and at this time, we'll come and analyze where is the entry,
04:05and whether we have the imbalance over here to follow smart money, very simple.
04:10Even you can analyze very exactly on the events, you cannot entry because here the rain and stop loss and
04:18reward break ratio,
04:19also not good for you to entry like you'll wait to price break out this BOS to entry.
04:25That is the first thing about the white cock.
04:28And the second thing, one more strategy is you can apply this time to trading with the rain,
04:33once price break out the rain, you will see the market with the rain and price already break out the
04:39rain at this time.
04:40Of course, you also can trade if breakout way also have the imbalance in the breakout way,
04:46for example, on the USDCHF, and you can see that we have the rain over here, and the low and
04:54the high equal together,
04:56and every event in this rain, of course, you can analyze with the white cock, but it takes more time,
05:04you just see that when the market break out this rain with imbalance way like this,
05:09we can see the big proposal candle create the imbalance in this way,
05:13and that is the time you can entry by drawing the Fibonacci from this low to this low to find
05:21out the discount zone,
05:23and you can see that price pullback very exactly into the discount zone,
05:27that is the simplest way you can trading with the rain.
05:32But for my lesson, I don't introduce this method officially, because this method,
05:37the possibility to have the best trade is not beautiful with the continuous trend and breakthrough trends.
05:44Of course, you can try and backtest with this method,
05:47but normally, I will wait to try to break out this CTS and entry with continuous trend.
05:53That is a higher possibility.
05:56And one more thing, some of the traders open even in the one minute to deny about the white cock,
06:02but you no need to understand and no need to trade like this,
06:06you just follow the simplest methods because the market is already too complicated.
06:11Don't use the complicated methods to understand about complicated things,
06:16just use the simplest thing.
06:18The simple methods will give you the highest consistencies.
06:22In the trading, the profitable strategies is the strategies have the highest consistencies,
06:29not the highest profit, because you can earn the profit,
06:33but have no consistencies, and some of the times,
06:36the market will blow everything you already get in the past.
06:40That is really important to understand and be professional traders.
06:44And that's all about the white cock.
06:46Let's jump into the Elliott.
06:48Elliott Quay is a method to talk about market structures.
06:52The first thing you need to understand about the Elliott.
06:54In the Elliott, we have the big way.
06:57The big way always have a small way inside of it.
07:00And that is the first theory Elliott.
07:03I wanted to talk to you.
07:04And the second thing, inside the big way,
07:07we also have pool's way and the pool back way.
07:10In the pool ways, normally have the one, two, and three small pool ways.
07:16And on the pool back way, normally only have two pool ways.
07:19That is the difference with the pool's way and the pool back way.
07:23In the pool back way, we also have more structures.
07:26But at this time, you can see it as one and two small pool ways.
07:29But in the main pool way, we can see one, two, and three pool ways.
07:34And how to apply it in the smart money concept?
07:38The first thing you need to understand here, we're trading with smart money concept.
07:42Therefore, pool ways, either way, we will focus.
07:46And in the big pool way, we just focus on the second pool way of the market.
07:52The first thing you need to understand here, the first pool way at this time,
07:56is the time the smart money join and create signal in the market.
08:02They are joining into the market and normally will have the imbalance.
08:06And the second thing at this time here, the pool back way at the first time,
08:11come into our discount zone.
08:14That is the second thing and I already introduced in the last videos.
08:18And the third thing, the way we wanted to entry at this time,
08:22is the second pool way because in the earliest way, we have the big movement in the second pool way.
08:29Therefore, at this time, when you see the imbalance over here with the market,
08:33pool back and see is there any imbalance in this way and entry in the discount zone of this way.
08:40And the third way is the way we take profits because smart money or the bank,
08:45every trader works for this, already have the KPI every day, every month, and every week.
08:50Therefore, they already wanted to take profits after they already earned money.
08:57And in this way, you can see that this pool way normally is very small compared with the
09:02first pool way and the second pool way.
09:05And the Maribuzo candle also appear on this way down movement a lot.
09:11Therefore, normally take profits in this way is very suitable for us.
09:16And the second thing about the others,
09:18we use the Elliott theory to analyze about the multiple time frame because
09:23inside of the big way already have the small way.
09:27For example, we have a structure in the one hour time frame.
09:31At this time, it's higher high and higher low.
09:34And you may ask me that where is the play to analyze in the 15 minutes time frame.
09:40At this time, you can apply the market theory from the Elliott.
09:44Because either in the big way already have a small way.
09:48Therefore, the play you should analyze for the 15 minutes time frame from this low to this high.
09:55Because here is the BOS of the one hour and also the most important BOS in the one hour.
10:02If Bright can break it, the market direction will change.
10:06Therefore, only from this BOS to the highest point have the meaning about the market change of the one hour.
10:13Therefore, in the 15 minutes time frame, you only need to analyze from this point to this point.
10:18For example, in the New Zealand dollar, at this time, you can see the market structure
10:23in the one hour time frame will be like this.
10:27And here is total noise of the market.
10:29You no need to care, just care about the breakout and the real pullback way.
10:34That is a valid structure.
10:36And at this time, where is the play you analyze in the 15 minutes time frame,
10:40it will shoot analyze from this low to this high.
10:43And you can see that at this time, in the 15 minutes time frame,
10:48what you can see at this time, the market structure also might be like this.
10:53Our BOS at this time is a display in the 15 minutes time frame.
10:58And here is the BOS of the one hour.
11:02If Bright can break BOS of the 15 minutes time frame,
11:05it means that Bright should go into the BOS of the one hour and might be continuous go up again.
11:12If Bright cannot hold at the BOS of the one hour,
11:16it means that Bright should gonna go into the BOS of the four hours time frame
11:21or the discount zone of the four hours time frame.
11:25That is our theory about alias to analyze with multiple time frame.
11:29And the second function of the alias way at this time
11:33is the check strength of the movement in higher time frame.
11:36And if you remember, here is our example on the last video on USDCHF.
11:43You can see that here is our example and here is our take profit.
11:49And to understand about the strength of the movement,
11:52you should go in the higher time frame.
11:54This example we analyze in the four hours time frame.
11:57Therefore, to check strength of the market,
11:59you should go higher time frame of the time frame you analyze about structures.
12:04And if this time is a daily time frame,
12:07you can see that in the daily time frame,
12:09the markets already go into the discount zone from this way to this high.
12:14Because the structure at this time is a higher high and higher low until this high.
12:20Therefore, you should drawing the Fibonacci from this BOS to the highest high.
12:25That is our theory.
12:27And if you drawing the Fibonacci, the price already come into the discount zone.
12:32Therefore, we entry in the four hours time frame and take profit in the discount zone
12:37is the most suitable you should use to judge the movement of the market.
12:42So let's see what happened after our example on the USDCHF in the daily time frame.
12:50And you can see that after our example price come exactly in the discount zone and go
12:56continue go up again.
12:58You can understand and take profit in this zone is the suitable.
13:02And that also all about this on the day.
13:04Thank you and see you next videos.