Full transcript
0:00Okay. So, we are going to start with
0:02this before we go into the rest of the
0:04topics.
0:05We're going to start with line charts.
0:08It's very important for us to know
0:09because when trading advanced Malaysian
0:12scenarian SNR, we always make use of the
0:15line chart a lot. So for you to add the
0:18line chart
0:20to our trading view. See this point you
0:23click on this dropbox. I have different
0:26there are different kinds of charts
0:27here. You can see all of them different
0:28kinds of chart. So just add this to your
0:30favorite candles and line line chart.
0:35And when you click on the line chart,
0:37this is how the line chart is going to
0:39look like. This the line chart here.
0:41This is how the line chart is going to
0:42look like. So we'll be working with line
0:44chart a lot since we're trading
0:46Malaysian SNR.
0:49So now we've seen line chart how it
0:52looks like. It's very easy to bring in
0:53the line chart into your chart. The next
0:56thing we're going to go to is going to
0:57be is the apex.
0:59What are apex? Apex is every swing point
1:03in your chart. Every swing high and
1:05every external. Now take note we have so
1:08many swing points. You have swing point
1:10that are internal. Every external swing
1:12high and swing low are your apex.
1:16And if you have a chart like this, if
1:20you have a chart like this,
1:30grab a chart like this.
1:34These are higher highs and higher lows.
1:37This area, this resistance here is your
1:39apex. These are external swing point. So
1:41these are your apex. These what we call
1:43apex. And this low are your external
1:46lows. So these are your apex also.
1:50Take note everything you're learning
1:52throughout this first week and the
1:53second week is very very important. If
1:56you don't understand or you can't grab
1:59what you're learning this first week and
2:00the next second week, that means you
2:02won't be able to trade the market when
2:04we start going into trading in the third
2:06week. So this week, this is the first
2:08week of our learning. The second week,
2:10what you are learning is very very
2:12important. That's the foundation. That's
2:13why I'm taking time to explain this
2:15foundation because when you have the
2:16foundation, you can trade
2:20confidently.
2:22So these are the swing external swing
2:24point which are called the apex. These
2:26are the external swing point and
2:30something like this. If the market is
2:33trending down
2:35we have something like this.
2:39Then this area this are swing point.
2:41This is a resistance apex. This is an
2:44apex here. This is also an apex.
2:48This is an apex because these are
2:50external swing points. So all external
2:54swing points are apex. You'll see the
2:56reason why this apex is very important
3:00because it will help you a lot to miss
3:02any trade.
3:04It will help you to avoid trades that
3:08would have hit your SL.
3:11So now now we've known what are apex
3:13every external swing point. We need to
3:16identify
3:20our apex support and our apex
3:22resistance. Very easy. These are Apex.
3:25I'm going to mark that again. And this
3:27is going to be we're going to do all
3:28this on our line chart. We're going to
3:29line chart later. Let's do this with
3:31this drawing. So if I want to mark my
3:34apex support,
3:41if I have something like this,
3:51if I have something like this,
3:58we have something like this. These are
4:00my supports. this area. These are my
4:03swing support. These are my supports
4:05here. External swing support. These are
4:07apex supports. These another apex
4:10support. And this is another apex
4:11support.
4:13Now if you look here, you see that we
4:15have an internal swing point also. These
4:19are not apex. These are not apex
4:22support. This support here are not apex
4:24support. The only apex support we had
4:26was this support here. This support
4:29here. This one. This one. This one. This
4:31one
4:37just like having something like this. I
4:39want to target the support you have
4:41something like this.
4:50So if you want to trade the support the
4:53support and we remember we only take our
4:55trade from Apex point Apex support Apex
4:58resistance. These are our apex. This is
5:01the apex point here. This is a swing
5:03support. This is an apex support. This
5:06is also an apex support. Now, if you're
5:10finding difficult to mark your apex
5:12support, just look at the support that
5:15led to a breakout. This is a breakout
5:18here. This support led to this breakout.
5:20So, this is an apex support. Now, after
5:22the breakout, you see this is a
5:23pullback. This is a pullback here. Now
5:27after this pullback the market went up
5:30took out this high here. So this is the
5:34last point the market got to this is an
5:36apex support. You see this other support
5:38here. You see this other support here if
5:40you are trading it based on Malaysian
5:42SNR and I want to pick my support. I'm
5:44not using this support. I won't use
5:46this. This is going to fail. This is
5:48going to fail. These are the support I'm
5:51going to use. The same thing here. If I
5:53mark here,
5:55this is my apex support.
5:58The same thing if I have something like
6:00this,
6:04then the market goes. If I want to look
6:06at this, this is my apex support. This
6:09last point the market got to before
6:11going back up. This is my apex support.
6:14These are supports. This support is
6:16going to fail. This support is going to
6:18fail. This is my apex support here. This
6:21is my apex support. So if the market is
6:23coming back down, this is the apex
6:25support. So apex is always the swing
6:28high or swing low.
6:34Now for the apex, this is the apex
6:35support for the apex resistance.
6:40For the apex resistance,
6:46for the resistance, you want to take
6:48trade from resistance. If you have
6:50something like this,
7:00now we want to look at this. This is an
7:02apex high. This another apex high. This
7:05another apex high. Now these are valid
7:09resistance. I won't call this one a
7:12resistance. If the market comes to this
7:13point here is going to fail because this
7:16is an apex resistance. You're going to
7:18know later when we when we use
7:20resistance that are internal. But for
7:22now, this other one here is going to
7:24fail.
7:27So for the apex, the external swing
7:30points are where we get our apex
7:33resistance and our apex support. And if
7:35you're finding difficult to get it, just
7:37look at the resistance that led to a
7:40breakout. This is a breakout here caused
7:42by this resistance. Meaning this
7:44resistance is an apex. We have another
7:46resistance. We have another one here
7:47that led to this place and we also have
7:50this one. So this swing external swing
7:53points are our apex.
7:57Now if you look at this
8:01topics here we have another topic which
8:03is
8:05which is IAB resistance. This is called
8:08internal apex break resistance because
8:11most times we have internal swing point
8:13that are valid.
8:15We have the IAB resistance and the IAB
8:17support which means internal apex break
8:20internal apex break resistance and the
8:22internal apex break support. Let's see
8:25how we can identify this on the chart.
8:29Remember here we are talking we are
8:31dealing with line chart.
8:34Now if I want to mark my support I have
8:37something like this.
8:47Then I have something like this again.
8:58Now if I want to take a trade from a
9:00support area, there are different valid
9:03support points here which I'm going to
9:04use. This is an apex here which is going
9:07to hold price as a support. This is an
9:10apex is going to hold price as a
9:12support. It will be strong. We have
9:14another apex here which is also going to
9:17hold price. This external apex which is
9:19going to hold price. Now we talking
9:21about IAB which is internal
9:26apex break support. If I check this area
9:29this is an external here. This is an
9:31external low. These are internal low
9:33internal low and also these are internal
9:35low. Now when we say internal apex break
9:39support that they are valid that means
9:41that an internal support that led to a
9:45breakout either internal breakout or
9:47external breakout is a valid point is
9:51not as strong as the external but is
9:53always strong enough to hold price. So
9:55if I'm expecting price to come down, I
9:58believe that here is going to hold the
10:00price because this area is an internal
10:04apex break support.
10:09Now if I check here also there was a
10:12break here.
10:14There was a break here. We have another
10:15support. Where is the support? We have
10:17this support here which is external.
10:20This is an apex support here which will
10:23also hold price rise. And we also have
10:25another internal support here. This
10:28internal support is valid because this
10:30is IE
10:32um this is the internal apex break
10:35support. Why is it internal break
10:38support? Because this support led to a
10:39breakout both on internal external. So
10:42this support is going to hold price. If
10:44I was taking here as my area where I
10:47want to enter the trade,
10:50want to take this place as the area
10:51where I want to enter my trade. That
10:54means this place I'm going to take here
10:57as a strong support. Why is the internal
11:00internal supports are not always strong
11:02but I'll still take here? Because this
11:03place is an IAB support. Now coming to
11:07the next support
11:09here. This is a support here. This is a
11:10external. This is an external support
11:13here. Apex support is external swing. So
11:16this place will be strong to hold price.
11:18If I don't take this place, where do I
11:21think will hold price again? I'm not
11:22going to consider this place. This is an
11:24internal support which is not going to
11:26hold price. If you put your entry here,
11:28you're going to lose. But if you put
11:30your entry here, here is going to hold
11:32price because this is what an internal
11:34apex break support. This support here
11:37led to a breakout here led to another
11:39breakout here. It's not composed. lead
11:41to two breakout. As long as it breaks
11:42out from an internal, it leads to a
11:45breakout internally that means that
11:48support is strong. One of the trade we
11:50took this week was from also IAB
11:53resistance.
11:55So this is it for this. You see now the
11:58way I'm drawing this thing now it will
12:00be very easy when you going to this line
12:02chart you see that it's also easy for
12:04you to mark it out. We're going to go
12:06into the line chart later. Let's finish
12:08with the internal for
12:13resistance.
12:15So in for resistance if we have
12:18something like this.
12:27Then we have something looking for
12:29internal
12:49if I have something like this on
12:50internal for resistance you'll see that
12:54in resist resistance we have different
12:56external apex but we not focusing on
12:58external apex now we want to focus on
13:00internal this is an external apex led to
13:04a breakout here. If I check this one, we
13:07had we have a breakout here. This is an
13:09internal resistance which is not valid.
13:12Is going to fail. We have an external at
13:17this very other flow here. This point,
13:19this market structure here, the external
13:22was not good enough to take a trade. And
13:24we have another breakout here.
13:27We have an we have an um internal here.
13:30This internal is going to fail. If you
13:32try to use this internal, this other
13:34internal here is going to fail. But this
13:36internal is going to hold price because
13:38this resistance here led to a breakout
13:42internally. Is going to hold while this
13:44one here is the external which is still
13:46going to hold. If you check here also,
13:49we have an internal. This internal is
13:51going to fail because it's not lead to
13:53anything. This other one here is going
13:55to be strong enough to hold price
13:58because it led is an IAB resistance.
14:01This is IAB resistance. This is IAB
14:04resistance. Why this one is an apex
14:07resistance. You see that? So this is how
14:10easy it is. So let's go to the chart and
14:12I'll show you how we get that. Let me
14:16clear this out.
14:19These are all the foundation. These are
14:20advanced foundation you're getting. Now
14:22we are done. The first lesson was the
14:24was the beginner lesson but from the
14:26second lessons we are all in in the
14:28advance. We started the advance already.
14:31That's why I said the beginner class is
14:33very easy. You can see that on
14:36can see that on YouTube
14:39but the advanc can't see them. Now going
14:43to the real chart starting using our
14:46line chart. If I look at this
14:49I want to look at this. I want to get my
14:51drawing. You can see that this place
14:53this is my external support here. This
14:56is my external resistance. These are
14:59apex here. Here is an apex. If I want to
15:01look at this place again, this is also
15:03an apex here. This place is an apex.
15:06Here is an apex.
15:09But if I want to look at this one,
15:13this is an apex. This is an apex. This
15:16high here is not an apex, but the low
15:19here is an apex because it led to a
15:21breakout. No matter how small the
15:22breakout is, no matter how small it is,
15:25it's valid. When you're trading
15:26Malaysian SNR, it doesn't matter. It's
15:29valid.
15:30Now, looking at this, we have a swing
15:34high here. This is an external.
15:37This is an external apex resistance
15:39here. We also have an apex resistance
15:42here. Also we also have apex support
15:46here. We have an apex support here. This
15:50is not an apex resistance here. Is going
15:53to fail. This is not an apex resistance
15:55because is internal. Okay. Okay. It
15:57broke out from here. This is going to
15:58hold. That's going to hold. I didn't
16:00look at it one.
16:03That's going to hold. This is an apex
16:05resistance also
16:08because it broke out from this place.
16:10This was a valid high. Now let's look at
16:12internally. I want to look at internal.
16:15So we see now we know the external
16:16already. Now looking at this we have
16:19this place that broke out here.
16:25I'm going to expand the chart. Let me
16:27make this.
16:29If you see this, this is
16:32Apex resistance. This is Apex support.
16:36This is not
16:38valid. This is not an IAB resistance but
16:42this is IAB support because this support
16:45led to a breakout internally and also
16:48externally. So here is going to hold
16:50price if price gets to here. This is an
16:52IAB support.
16:57This one here is
17:01Apex support, Apex support, Apex
17:04resistance, Apex resistance, Apex
17:07resistance, Apex support.
17:13This is also
17:15Apex resistance, Apex support. This
17:19resistance here is not Apex. Is not
17:21going to hold price. But the support
17:23here is going to hold right because that
17:26is IAB support. We have another one
17:28here.
17:30This is not an this is Apex support also
17:34because it led to a breakout.
17:39Now that is why we only look for this on
17:41a higher time frame. When you're looking
17:43at this on a weekly, monthly and daily
17:45time frame, you see that there are no
17:46noise. There are no noise, not too much
17:49structure. You just see the line chart
17:51to be very clean. That's why we focus on
17:53higher time frame. If you look at this,
17:55this was there was a break here.
17:58So that is we have an apex resistance.
18:03We have apex resistance. We have this
18:07one here is an apex resistance because
18:10no not an apex. This IAB resistance
18:12because it led to this breakout here.
18:14This IAB resistance. Why this one is an
18:17apex resistance external apex support.
18:23Then look at this internal structure
18:25here. This resistance here is not valid.
18:29This one is not valid. Is an internal
18:32but not valid because not led to any
18:33breakout. But this other one here is
18:36valid because it led to a breakout. This
18:38support here is internal also valid
18:41because it led to a breakout. This
18:43support here is internal but not valid
18:45because not lead to any breakout. You
18:47see how easy it is for us to identify
18:49this. So if the market was coming and
18:52this we had an area maybe you had this
18:54zone to pick trades. We know that this
18:55zone is going to hold. You're going to
18:57see how we combine all this. For now we
18:59just identifying them on the chart. We
19:02have another line chart here which is
19:08this one.
19:10And on this one we have
19:14we have this apex
19:17apex resistance
19:20IAB resistance
19:23not valid support.
19:26This where it went to apex support
19:29because this is retracement. This whole
19:31area like is a pullback before the
19:34breakout here.
19:36So this one led to the breakout. This
19:38one not valid. This resistance not valid
19:41but the support here valid IAB support
19:44because it led to internal breakout and
19:46also external breakout. So if you're
19:48expecting to use as our entry with the
19:50price gets here there's every
19:52possibility that's going to hold price
19:54just like it happened here. You see
19:56that? So you're going to see how
19:57powerful these things are. It doesn't
19:59matter how small this support IAB
20:03support or resistance are. They always
20:06work 90% of the time. It's not going to
20:09work always because if it work always
20:11everybody would have been a billionaire
20:12by now in the forex market. So you won't
20:14expect it to work always.
20:18So finally before we go into the next
20:20topic we have this this was it was a
20:22break here. Now we have internal IAB
20:27resistance valid. It broke out here.
20:29This was the last point. This is um apex
20:31support.
20:34This is an internal support but not
20:36valid. Not going to hold price. This one
20:38here valid. This is an IAB support. It
20:41led to internal break and also external
20:43break. That is it. You see how easy it
20:45is? When you go back and you practice
20:47these things, you're going to get them
20:48more better. That's why this one is in
20:52the weekend.
20:54Since you're learning this this weekend,
20:56you have a lot of time to practice it.
20:58So, the next thing we're going to go to
21:00is ABQM. ABQM AEX break QM.
21:05There are different kind of QM. That's
21:06why most times people lose when they are
21:08trading or QM the same way ABQM what's
21:10the mean of ABQM AEX break QM how can we
21:14identify Apex break QM
21:18now these are QM ABQM are QM that are
21:22created after an apex resistance or apex
21:26support is formed that means you have
21:30something like this
21:35this is a resistance
21:37This is a resistance here a resistance
21:39is formed and the market breaks. Now
21:41this is an this area here is apex
21:47Apex QM. This area will be an Apex QM.
21:50This is not an Apex QM. This is not an
21:52Apex QM. Despite if the market draws
21:54more lower, these are all QM. But this
21:58is the only Apex QM. Why is this ABQM?
22:01Apex break QM. A A QM. Apex break QM.
22:05Those names are always somehow now it's
22:08because this QM was formed immediately
22:12or after
22:14the market formed a resistance. You see?
22:18So after this market formed this
22:20resistance here, this one did not lead
22:21to a breakout did not lead to this break
22:23to make this one to form a QM. So these
22:25are just normal QM but they are not ABQM
22:30example. Now we go to this chart to see
22:35how ABQM looks like.
22:43We can call this one ABQM because you
22:46see this was
22:49this resistance was created here. This
22:51one was created there. And after a
22:52resistance was formed, what happened?
22:54After resistance was formed, even it
22:56won't no this was the real this was the
22:57real one here. As you can see, let's go
23:00to the line chart again. Look at this
23:02place. We have this resistance here and
23:04this one break. The market broke after
23:06the resistance was formed. The next
23:07thing even the candle that formed the
23:09resistance, you see the candle that
23:10formed the resistance was even the
23:12candle that broke this
23:15other
23:19um SB that made it become QM. You see
23:21how the market came in and respected it.
23:24So this is what we call ABQM.
23:27A QM that is formed immediately a
23:30resistance is formed or a QM that is
23:32formed from the candle that creates the
23:36relax resistance before the break. So
23:38this was it here. Here the resistance
23:41was created here and the candle that
23:42created resistance was the one that
23:44broke this RBS that made it turn to QM.
23:47The market came in respectedly. So ABQM
23:50now all these ones I'm I'll only be
23:52listing out the key levels that are
23:54important. I won't be listing out key
23:56level that are invalid only the
23:58important ones only the strong key
24:00levels and the one we'll be using when
24:02trading that's the only one I'm listing
24:04out now we have the QM here AB QM ABQM
24:09that's how we identify it now we have
24:11also the FTQM
24:14what are the FTQM ft mean first time QM
24:17first time QM are very powerful very
24:20very powerful now if we have something
24:22like this
24:24these are the market creating series of
24:26higher highs and higher lows. Now the
24:29market broke you see how the market
24:30broke down to this point. Now if you
24:33watch this area becomes QM QM so all
24:37these are called first time QM because
24:38this is the first time this key level is
24:41becoming a QM. This is the first time
24:43this key level becomes a QM. This is the
24:45first time this Q key level becomes QM
24:48and also the first time this Q key level
24:50becomes a QM. So they are all called
24:52first time QM. The same thing if you
24:55have something like this
25:03and this market breaks. So when market
25:06breaks we have different QM which are
25:08the QM this one is going to be this one
25:10here is our AB QM that is Apex break QM.
25:14These are the Apex break QM and also
25:16FTQM. Why these ones are only FTQM
25:20FTQM. Why are they called FTQM? Because
25:23this is the first time this area is
25:25becoming a QM. This is the first time
25:27the area becoming a QM. This is the
25:29first time this area is becoming a QM.
25:31So they are called FTQM. This one is an
25:34FTQM and also AB QM which is Apex break
25:38QM. Now
25:41if I want to show you this, let's see
25:45on the chart
25:50we have. Let's look for different QM. We
25:53are going to see them.
25:59This one here was a very good ABQM. You
26:03see this one here? What happened?
26:06Resistance form. Market broke. Even the
26:08candle that formed resistance was one
26:09that broke the high making it to become
26:12a ABQM. The market came in respected it
26:15and dropped ABQM FTQM. Now after that
26:19you saw the market came down broke this
26:21one again also breaking this one this is
26:24not a BQM rather this is FTQM this is
26:27the first time it's becoming a QM
26:31and when it corresponds with our story
26:34line it works like magic so now they
26:37have another empty QM here also this is
26:40the first time is becoming a QM the
26:42market came rejected it and dropped all
26:44the way down here this is like 1 is to
26:4720 inside here. So you see FTCQM works
26:50like magic. That's why we only look for
26:52this on lower on higher time frames, not
26:54on lower time frame.
26:58Then we have let's check for other QM.
27:03Now this is how easy that um um we might
27:06not be seeing all these FTQM in the
27:09chart like that, but that's how easy it
27:10is to mark all those. Another FTQM.
27:14Okay, this I'm not going to call this
27:15one FTQM. Okay, this is FTQM. First time
27:18becoming a QM.
27:21This is the first time this one is
27:23becoming a QM. This one here, FTQM.
27:27Let's look for
27:31another QM.
27:36This is also FTQM and ABQM. You see this
27:40one, the market broke and ABQM, very
27:43strong QM. The candle that formed the
27:46resistance was the one that broke it
27:48making it to become
27:50ABQM. FTQM also the market came
27:53respected it and dropped.
27:56You see that?
27:59So
28:01now I want to look for it on
28:04a downtrend. You've been seeing them on
28:06uptrend. Let's look for it on downtrend.
28:12Now if you look at this one, this one
28:15here support broke here it became this
28:19was FTQM also FTQM and ABQM. You see
28:24here the market broke it here came back
28:26broke again it became a QM see that
28:28after the break the market respected it
28:30this FTQM and also ABQM this is the
28:34first time becoming a QM break it here
28:36came back down then later the market
28:39came back
28:41broke through it again you see breaking
28:44through it again I'm making it breaking
28:46it down again it became STQM STQM means
28:50second time QM now we only use two type
28:53of QM M we only use the FT and the STQM.
28:57That the first time is becoming a QM is
28:58very strong. Second time it becomes a QM
29:01is not as strong at the first time but
29:03it's still strong enough to push the
29:04price down. Okay. Or push the price up.
29:07We use it. That's why we say FCQM and
29:09SQM. Those two are very very okay to
29:12use. And this is an example of SCQM. SQM
29:15is just like FCQM just that it becomes
29:18QM again the second time and the market
29:21will respect it when it matches or it
29:23corresponds with our story line.
29:27So that is it here STQM.
29:35So using a diagram I'll say this is how
29:37we get STQM. I'll say if this is the
29:40case,
29:42this is it. The market breaks and all
29:44these are now FTQM.
29:47What the market does? It goes back up,
29:50come back, break again, they now become
29:53STQM. That is how we get STQM. When it
29:56becomes QM the first time and become QM
29:58again the second time. These are STQM.
30:00They are also good to trade.
30:04Now we'll be the next one we're going to
30:07look into is the IAB QM internal apex
30:11break.
30:13Now we have this QM
30:19that are like this.
30:22I think I should leave this one for the
30:24next session. Then just focus on these
30:26two and we look for way identify. I'll
30:28just leave this one for the next
30:29session. After this one record that
30:31session again. So, I'll just leave these
30:33two for that. Then, let's just record.
30:36Let's finish this two. I'm not I don't
30:37want to rush it. No need of rushing you
30:39guys. You guys really need to understand
30:40it.
30:44Now, we've seen this a lot on You've
30:47seen this FTQM a lot on uptrend like
30:51this is the break. This is another
30:53break. This is another break here.
30:58Let me make this one to be very clear.
31:00You see this resistance? This was a
31:02resistance. After resistance, the market
31:03went up, formed on that resistance and
31:05broke. So after breaking, you see the
31:07candle that formed was the one that
31:09broke this place that made it become
31:10AQM. You see that even okay this was
31:13FTQM but not ABQM. This was the one that
31:16was ABQM and also STQM.
31:20ABQM and FTQM. So if I take it here, see
31:23this was the resistance, the market
31:24break. The candle that formed this was
31:26the one that broke it again after
31:28breaking it also broke this other one
31:30making to be FTQM. This one was FTQM and
31:33also ABQM. The market respected the FTQM
31:37and dropped down.
31:43So
31:45we continue to look for
31:50this other one.
31:53Let's look for this for um uptrend.
31:55We've seen a lot on this downtrend.
32:04Now we have this one also.
32:07This one this is FTQM.
32:11We have this QM here.
32:14Broke. Broke again.
32:19Okay. This one is not part of this is
32:20just a normal QM not part of our kind of
32:23king which one we are looking for this
32:24was a a market broke it the only time it
32:27was a QM this was a QM here
32:31after this break here this one became a
32:33QM the market respected it and pushed
32:36pushed it down
32:39pushed it down let's see if we going to
32:41see STQM STQM I think this one was STQM
32:47this one this was it The first time the
32:50market broke, it became came back, broke
32:53it, it became a QM. Then later went up,
32:56came back, broke it again, it became the
32:59STQM. The market came, we used it and
33:02dropped. This was STQM here.
33:12Let me go to 4 hour. Let's see more.
33:45Okay, let me just use this session to
33:47cover this IBQM. This IBQM is um when I
33:50say IBQM same thing with IB resistance,
33:53IAB resistance. If you have a QM like
33:57this, you have this kind of structure.
34:00You have this kind of structure. These
34:02are the structure. Then we have this,
34:06this, this and this. The market breaks.
34:10Now look at this. When we see something
34:12like this, look at this carefully.
34:15If the market comes back down and break
34:18below here like this, we now have this
34:22place as QM. Now this is what a ABQM.
34:28Then what about this one? This one is
34:30going to be internal apex break QM
34:34because this is a QM and a value QM. Why
34:36is it a value QM? Because it's coming
34:38from an IAB resistance. That's how the
34:41name became that's how it got the name
34:43IABM because it's coming from IAB
34:46resistance. So if the market is coming
34:48back up some people might be waiting for
34:50the market to get to here but the market
34:52will use this IABQM and drop. That is it
34:57about IBQM.
34:59IABM are gotten from IAB resistance. The
35:02same thing with downtrend.
35:07We have this one
35:11like this.
35:17This one like this. And we had this. So
35:20breaking here. Now we have a QM here.
35:24That's a QM. And what kind of QM is
35:26that? This is a um ABQM. and FTQM before
35:30the if the market is dropping we should
35:33also know that we have IAB QM here
35:36because this is internal apex break QM
35:39this QM here this support led to a
35:41breakout here the first time so if the
35:44market is coming down sometime you might
35:46be waiting for it to get here but it
35:47will use the IABQM then goes back
35:51there so if I want to go to
35:55remove drawing and go to line chart line
35:57chart will see a lot of this. If I go
35:59back to line chart on daily,
36:03we will see a lot of them
36:08I ABQM.
36:13So after now that I'll be coming back
36:15again for us to ask questions. We've
36:20have always spent 35 minutes. So we've
36:23stayed more than 35 minutes. So I'll be
36:25coming back again. Then this time around
36:26is going to be for questions mainly.
36:29Then you ask a question. I know this is
36:30a lot to take in. This is a lot to take
36:33in. So you're going to ask your
36:35questions and I'm going to answer you.
36:37Now your assignment. Okay. When I come
36:39back the next time, the next um session
36:40we starting after this after this just
36:42wait 3 minutes. We'll come back again.
36:44Then you ask all your questions.
36:48Then I explain more better. And you'll
36:50be using line chart to see this more.
36:52Sorry, I was using the other candle but
36:54use line chart. And we're going to see
36:55more of this.
36:58Stay tuned for the next one.