Advanced MSNR 6

0:00We've covered when story line is just

0:03formed and when story line just formed

0:06what we look out for is either support

0:08or resistance.

0:10Support or resistance not here support

0:13or resistance.

0:16Then where

0:20in the situation where

0:23support and resistance is not valid or

0:26they are no more fresh we look for arrow

0:28OL or support OC.

0:32Now there are times where a story line

0:35is formed

0:38but the market does not come back to

0:41support a resistance or arrest or sale.

0:45What do we do? That will now be

0:47categorized into the continuation

0:50family, not the just formed family. That

0:52is the continuation family.

0:57Now when the market continues

1:02continues like this a story line now a

1:04story line has been established has

1:07already been established. This for

1:08continuation. Now for if the the the

1:12story line was bullish what we should be

1:14expecting should be daily candles or

1:18weekly candles just going up like this.

1:21Now when we have a situation like this

1:24on continuation where we focus on notes

1:27always listen and take if you have

1:29jotting down

1:33where we focus on on continuations are

1:36the OCL

1:39remember we talked about our valid OC

1:42are the one lap OCL the one OC I'll just

1:46call it one OCL

1:48those are the OC's we focus on on

1:52continuation.

1:54Let's say the market did a story line is

1:57set.

1:59But

2:04after the story line is set, we are

2:06waiting for the market to come to our

2:10resistance,

2:13our resistance or our support.

2:17But the market did not come to our

2:20instance of support.

2:24Some people will just miss out that

2:25trade or they will just say my setup did

2:29not play out or I did not see my setup

2:32and they won't be able some people don't

2:33know how to trade continuation. They

2:36only know how to trade that A+ setup

2:38daily reject daily support and

2:41resistance. That's the only um X reject

2:44X Y breakout then X support or

2:48resistance. That's the only thing most

2:49people know how to do. They don't know

2:51the continuation whereby the

2:52continuation is very powerful. Now we

2:54were waiting after the breakout. We are

2:57waiting for here. Here is valid. We

3:00waiting for here. Now we're looking for

3:01here. But the market did not get here.

3:04The market formed another

3:08this thing like this. So immediately the

3:10market forms keeps forming new candles

3:13where we looking for continuation trade

3:15is where our now at this point now we

3:18are still in the FT what FTFL first time

3:23frame line our first time frame line

3:26every day when we come back to the

3:27market or every week when we come back

3:29to the market will always be our one lap

3:33OCL's now you're going to know when

3:35you're not going to use one lap OCL

3:38I come back to the next day. This is the

3:40current day. I come again to the next

3:42day. Okay, this is the current day. I

3:45will still be looking for I won't look

3:47for here because this one is is not one

3:48lap. I'll still be looking at this

3:50point.

3:51Then I come back the next day. The next

3:54day is like this. We this is a new day

3:56candle. Let's say this is the current

3:57candle of the day forming

4:00my FTFL because you always start with

4:03your FTFL. And what's FTFL? That's the

4:06first time frame level.

4:09What what does the first time frame what

4:12all those big what does it stand for? Is

4:14knowing where your where the market is

4:17coming to or where the market will go

4:19to. That's the first time frame line

4:22that that's why we call I call it first

4:25time frame level. That's the first place

4:29you draw your line ever.

4:32Not just drawing any first time frame

4:34line. That's where you know that the

4:35market should come to. So on

4:37continuation every day or every week

4:41when you come to the market where you're

4:44drawing it should be this let's say this

4:46is the current candle so this is going

4:48to be my FTFL that's why I'm going to

4:52draw the line because this one lapos

4:54here now if the market does not come

4:57here then this candle closes finishes

5:03completes his whole circle and This is a

5:06new this is a new candle formula or a

5:08new day or a new week candle formula.

5:11Where do I draw my next FTFL is going to

5:15be this one lap OCL? That's where I'm

5:18going to draw. Then inside the one lap

5:20OCL, that's where I'm going to look for

5:22my STFL. So this is inside the um

5:29first time frame line which is the FTFL.

5:31That's why I'm going to look for my

5:33STFL. you get and also write this down

5:39you will not always see STFL okay you

5:41will not always see inside FTFL that's

5:44how we filter out the FTFL that are good

5:48I mark this FTFL here because this is

5:51the closest to the market this is the

5:54current market and this is the current

5:56closest FTFL to the market if I mark

5:58this one as my FTFL then inside the FTFL

6:02I'm not seeing valid need STFL then I

6:05can come down here and check if I check

6:08here this is an FTFL and I check for

6:11STFL inside the FTFL and I see um a

6:15valid STFL then I'm going to take this

6:18as my level that's how I filter out

6:22first time frame line that are not valid

6:24to pick trades

6:27so your one lap OCL is always the first

6:30thing to to look out for

6:33when you're starting.

6:36So, but if you observe sometimes when

6:41the when we are on continuation, we

6:43don't sometimes we ignore the one lap o

6:47and we use other key level. Why? If this

6:51is my current, if this is my current

6:55candle

6:56and my FTFL is here and this FTFL is

7:00valid,

7:03you get this FTF is valid.

7:06Remember this is a previous day candle.

7:09This is a current day candle. I'm going

7:12to write that down because we are

7:14getting this getting very interesting.

7:16This is the current day candle.

7:19Current

7:21day candle CDC

7:26and this one is my previous day. This is

7:29the exact previous day candle previous

7:32candle

7:34previous let me just call it PA not to

7:38call previous on previous let remove the

7:41not everything works this what the

7:42concept works on all time frame monthly

7:46weekly and daily so no need for me to

7:47put previous or currently this is the

7:50current candle and this is the previous

7:52candle

7:54now since this is a current candle this

7:56current candle is a forming candle it

7:58has not been completely is not

8:00completely formed yet. I cannot take

8:03this OCL here as my what as my based on

8:06how we learn our OCL. We've passed that

8:08level. I've taught you that already. We

8:11can't take here as our this thing as our

8:13OC because this is a forming candle.

8:15This is our our valid candle to use the

8:18valid um one lap candle to use. Now if I

8:22mark here as my one lap here this my

8:25right this is the right place for me to

8:27take my trade. Very good. Very good.

8:29It's valid for you to take your trade

8:31there.

8:33Since that place is valid, why do we now

8:37take other key levels instead of that

8:42one that we just marked? That's where

8:45we're going to now. All right. So, this

8:48one here is is good for us to take our

8:51trade. Remember

8:54we have this the current candle and

8:56previous candle. Before I take this

8:58place is this place is very valid to

9:00take a trade. Before I take this place

9:03as a trade, I'll look at the previous

9:05candle previous week candle or previous

9:09day candle or previous month candle

9:11depending on where this um um analysis

9:15taking taking place. If I check the

9:17previous day candle and the previous day

9:19candle closed

9:23above a key level and that key level

9:27becomes a QM

9:29that means before looking for this place

9:32to take a trade I will focus on that key

9:36level that this one closed above.

9:41Let me repeat that these are this is the

9:44valid OCL to use. We're going to the

9:46chart real real quick. Don't worry.

9:50This is the previous day and this is the

9:52current. This is the previous candle.

9:54This is the current candle. Now I'm

9:57supposed to take here for continuation.

10:00We use where do we use for continuation?

10:02One lap o. This our continuation.

10:06That's where we mark our first time

10:08frame line or first time frame level.

10:11Now marking here before I continue

10:14taking trade from here. Even if it's

10:16valid, I'll look at this previous

10:18candle. Did this previous candle close

10:21above any note, any recent key level?

10:26Did it close above any recent key level?

10:30If the answer is yes, then I'm going to

10:33look at that key level. I'm going to

10:36mark that key level also as my FTFL.

10:40Let's go to the real chart. So, I'll

10:43show you. This one just happened

10:45few days ago on this um chart.

10:50Let's remove everything again. Now we've

10:53established on this USD JPY that we are

10:57bullish on daily.

11:00Now when we were bullish on daily, if

11:03you look here, we were bullish on daily.

11:05We had rejection daily reject daily and

11:07a 4hour breakout. We had this. We had

11:11this.

11:14Now we were waiting. We were waiting for

11:18the next day, the next candle to come

11:21where to come to this support. This was

11:24the support.

11:27That's where we're waiting for the

11:28market to come to. But did the market

11:31come to this support? The answer is no.

11:35Right now, let's see the next candle.

11:38What did the next candle do?

11:41This was the next candle

11:45here. This was the next candle which was

11:48which candle which was uh

11:52Wednesday.

11:54Wednesday did not come here to tap us

11:55in. Then Wednesday ended we didn't get

11:57any entry. Let's say we didn't get any

11:59entry. And finally, we're in this

12:03current day candle, which is Thursday,

12:08which is today. This is the current

12:10date, which is today's candle. Now, this

12:13is my current candle here. I want this

12:16now. Now, we are done with the um

12:20immediate confirmation that um story

12:22line. We are now on continuation because

12:25we now the market has we now on

12:27continuation. This is my current day

12:29candle. This is my previous day candle.

12:32Normally I would have been looking for a

12:34trade here. No. But here since here is

12:36not one lap OCL. I'll see focus on this

12:40place support. But this market will this

12:43market come back to the support. Let's

12:45see why it won't come back to that

12:46support. Remember I said previous day

12:48candle we check if the previous day

12:50candle broke any key level. If I check

12:54clearly here, I'll see that this

12:56previous day candle broke how many key

12:58level? It broke this key level that

13:03turned to QM. You see here here was what

13:06here was SBR.

13:09When this one broke above it, it became

13:12QM. And it also broke

13:16this one again turned it toward

13:20QM. Also the market broke

13:25this resistance turn into S um RBS also

13:30turn this broke this one turn into RBS.

13:34Now how many key level did this one

13:36candle break bro break bro break bro

13:37break bro break bro break bro break bro

13:37break bro break bro break bro break bro

13:37break bro break bro break bro break bro

13:37break bro break bro break bro break bro

13:37break bro break bro bro bro bro bro bro

13:38bro bro bro bro bro bro bro bro bro bro

13:38bro bro bro bro bro bro bro bro bro bro

13:38bro bro bro bro bro bro bro bro bro bro

13:38bro bro bro bro broke one two three and

13:40four you see that broke four and at this

13:44point the trader trading Malaysian

13:46scenario this is where they get confused

13:48that's why they you see keep seeing them

13:50asking me on my Tik Tok live that when

13:53I'm live they ask me um how do you

13:56choose your level this is the confusion

13:58there because people always have like

14:00four valid key levels these are

14:02different four valid key levels. This is

14:05a QM, a fresh QM. This is a fresh QM,

14:10ABQM and also um FTQM. This one here is

14:14FTQM. You see that? Now we have four

14:18different key levels where which the

14:21previous candle broke.

14:24Now since we have a previous day candle

14:26that broke this, which of the key level

14:28are we going to take? That is when our

14:30priority comes in.

14:33on continuation.

14:37On continuation,

14:38what we are always looking out for, let

14:41me write it down. On continuations, what

14:44we're looking out for is

14:49one, we look out for

14:53one lap

14:56OC. We only look for one lap o when that

15:00when that um previous candle did not

15:02break any key level you use it.

15:06So I'll put it there where

15:11previous candle

15:16did not

15:20break

15:22any

15:24key level. That's number one.

15:28Now you see how we are filtering out

15:30things that are not important. That's

15:33how I I get my exact entries without

15:37taking too many. Now if you are not

15:40going for one lap o maybe the previous

15:43candle

15:45broke key level which key level is our

15:49top priority one is QM

15:53QM QM

15:56and if so many QM are broken which one

15:59should we use that's when another parity

16:02inside this one comes in we always use

16:05the top priority which is ABQ BQM

16:13that is also I'll just put it there. AB

16:16AB+

16:18when I say plus that means 1 QM hasn't

16:21the same features

16:26FTQM

16:28you see it must be ABQM plus FTQM

16:34that's that's that's it that's how you

16:37select it now when you see too much key

16:39levels on your continuation this what

16:41you look for so what if

16:44the ABQM which is also the FT which also

16:48an FTQM what if is no more valid but

16:52other QM were broken that's when we now

16:55go for if is QM

17:00where this one is not valid

17:04note

17:07I'll put three

17:11okay let's just let's just for about

17:13let's just focus on the top priority.

17:15These are the ones we go out for. Look

17:17out for this QM here.

17:22As long as it's valid, we use it

17:25where this QM is not valid.

17:29There other QM which might be also FTQM

17:33or FTQM we use it. That's why I placed

17:35here QM and the top priority is QM and

17:40the parity

17:46is QM that are ABQM plus are also FTQM.

17:52So if I go to my charts, remember with

17:55this now you see we've been able to

17:57filter out a lot of key levels that we

18:00don't need. You know how to go straight

18:03to the point. Now going back to my USD

18:06JPY the trade for today

18:13if I get all these key levels based on

18:16what we've explained where I have four

18:20key levels here my FTL um FTFL one FTFL

18:252 FTFL 3 FT4 these are valid key level

18:29then I said you only use OC there's no

18:32OCL here. This previous candle broke key

18:36level. So, I'll eliminate this one out.

18:39Since we're not using SPR, we don't use

18:41SB. We don't use SB RBS. I'll eliminate

18:44this one out.

18:47This one is a QM, which is very valid.

18:50Very, very valid to use. Very valid.

18:54But it's not our this thing QM. So, I

18:58remove it because that's a very that's

19:00the FTQM. Very valid. But this one below

19:03is still valid. This is FTKM and ABQM

19:06two in one. I take this one.

19:09I'll remove this one also. Then I know

19:12that I'm waiting for this one. This is

19:16the one I'm waiting for. You see that

19:19I've eliminated all the rest out. The

19:22key levels that are not need

19:25I've eliminated them. Now I have a more

19:28valid and concrete key level. As long as

19:31when the market comes back to this key

19:33level, this place, the market did not,

19:37the market is still on its story line,

19:41this is going to be valid for a trade.

19:44But if before market gets to this place,

19:46there's a change of story line, that

19:48level won't be valid anymore.

19:52Hope you guys are understanding me.

19:55If there's a rejection and a breakout

19:57before the market get to this place, it

19:59don't be valid anymore.

20:03You get me? Now, we've removed the

20:06unnecessary

20:08levels. These are the levels that

20:11confuses a lot of traders, not just

20:14Malaysian

20:16um traders alone. So many traders that

20:18are trading just um this kind of

20:21this thing this confuses them a lot and

20:25that one here you'll see which key level

20:27should I use always note that we don't

20:30use for the breakout when previous

20:33candle does the breakout we don't use

20:37we don't use RBS or SBR depending on the

20:42um distance of the trend we don't

20:45um

20:46these the resistance and broken RBS.

20:49This is RBS. You don't use it. You get

20:52now if you're

20:56sometimes you fear of missing out. If

20:59you're scared that the market might use

21:01this and use money, I come back to here.

21:03That's when you decide to risk a little

21:07if I'm entering trades because smaller

21:11trade you see me use um um SBR or RBS

21:16on FTFL. Now if I want to do that if I

21:19always enter trade with $100

21:22$100 if I want to take trade here

21:27what will I do? I will now take from

21:29this $10 I can just use like 20 because

21:33that's that area is not my short area.

21:35I'll use 20. I just use 10 since I know

21:38that I'm

21:41um I'm aiming for one is to at least um

21:44one is to um eight at least. If I go

21:48with 10, I'll get $80. I go with 20, I

21:50get 160. You see that?

21:54So that's how we use it. But when I'm

21:57entering from this my A+ key level I can

22:00if since I'm entering 100 I enter my

22:02whole 100 you get that's why you see

22:06that sometimes I still enter trade on

22:07those levels those um RBS SBR which I

22:10said we don't use on FTFL

22:14hope you still remember that our FTF um

22:16FTFL level is only support resistance

22:20and for continuation when for

22:22continuation we use one lap where

22:27um previous candle breaks a key level if

22:29that key level ends up becoming QM you

22:31use that key level now if this market

22:34did not extend to this place not every

22:36time the candle previous candle will be

22:38breaking so many key level if the market

22:40does not extend to this place let's say

22:42the market stopped somewhere here

22:44somewhere here you don't at this point

22:46you're not even confused if the market

22:49ended its movement here you know that

22:51the market only broke here for example

22:54and only broke here. Now you're not

22:56confused. You're just waiting for the

22:57market to come here direct since we are

23:00focused only always on um monthly,

23:04weekly and daily. You hardly see market

23:07break so many key level when you get

23:09your first time frame level right when

23:12you go down to SCFL. That one won't be

23:14hard because you know what you're

23:15looking for. The problem is always from

23:18the FTFL because people always mark the

23:21first time frame line. That's where the

23:24first time frame level when you get that

23:26one wrong even if get a perfect STFL

23:30you to kick it out.

23:33So the first time when story line just

23:35formed support and resistance is what

23:37you need where support and resistance

23:39has is on fresh you go for ROS OC.

23:44Now for continuation

23:48what are you looking at for because the

23:49market will continue for continuation.

23:50What are you looking at for one lap OCR

23:56where

23:58where um previous candle did not break

24:00any key level. You get where previous

24:04not break any key level for a this is

24:06it. This is a um one lap here. If the

24:09market was coming back, this would have

24:11been our entry

24:14here at this one. Let's say the we are

24:17currently at this point in this chart.

24:19If the market wanted to come dip more

24:21lower, this would have been our entry

24:23here. But if this was our last candle,

24:28if this is

24:32if this was our last candle, this

24:35current one was our last candle. This is

24:38the last candle and the new candle is

24:40about to open. When the new candle

24:42opens,

24:44if the new candle opens, remember it

24:46will just be moving up and moving down.

24:48Where will be my best bet to trade

24:52at this point? Support is support is no

24:54more valid that been used. So this um o

24:58here is valid to trade. But if I look at

25:02the previous candle, let's say this is

25:04the current candle. previous candle.

25:06Previous candle did what? Previous

25:08candle broke this level.

25:13The level turned to QM.

25:17You see that

25:20the level turned to QM. So this QM will

25:23be my best bet. And also look the market

25:26broke where also broke this one here.

25:30Market also broke this one. But this QM

25:32will be my best bet. Nothing concerns us

25:35with this one. Just remove it. This is

25:37it. You know, with this now, you've

25:39removed

25:41a lot of things out. You're not even

25:43looking at this place again.

25:46Except when you come to this key level

25:48here, except when you come to this um

25:51other uh when you want to look for the

25:54FTFL doesn't have valid SCFL. That is

25:57when you now fall back to this place.

25:59But as long as you have FTFL and the

26:01FTFL has valid STFL, this is where

26:04you're going to stick to

26:07the same thing again we have. Okay, this

26:12was continuation. As long as

26:13continuation continue, we keep doing now

26:16the market broke out. When the market

26:18broke here, if it was coming back again,

26:22I'll check did this current candle

26:24break. Let's say this is the we don't

26:27know what the market is doing. Let me

26:28just put a a line here. Let's say this

26:31is the current this is the current

26:33market where the market is and this is

26:35the current um this is the current

26:37candle. This black one is the current

26:39candle. This previous candle I'll check

26:43where is the right place for me to pick

26:44my trade is going to be this o because

26:47one lap o is valid. I want expect to

26:50come back here. Now I'll check did this

26:52candle break any key level when it was

26:55going up. I'll see. Yes, it did. It

26:58broke. It broke this one here and made

27:03it become a Q. It broke it. I check it

27:07here. Yeah, it was broken.

27:11That means if the market is willing to

27:13come lower, I can pick trade here. That

27:17is it. I don't care what's the other

27:20previous. This is the the current

27:21previous because we have all this one.

27:22This one is previous. This one when this

27:24one is the current candle. This one is a

27:26period. This one is previous. This one

27:27is previous. When this is the current

27:29candle, I only care about the immediate

27:32previous candle break. I don't care

27:35about what this other previous candle

27:37broke. I don't care. I don't care what

27:39this one broke. And my concern

27:42my priority is only on what the current

27:47the immediate not current the immediate

27:49previous candle broke. That's what I'm

27:51looking at for where this candle did not

27:53break anything. My entry is on one lap

27:56or sale. That's for continuation.

27:58Very easy.

28:00If you don't understand, just when you

28:03watch the video one or two times, you

28:07understand it. You see now our top

28:10priority now is now support resistance

28:15and QM.

28:17But in rare cases, we use ROS or CL.

28:23But most times you're going to get

28:24trades.

28:26If you see this one, we had

28:30this market was trending. These were all

28:33valid entries.

28:35Valid entries.

28:37See this one? This one OCL here. Another

28:40OCL one lap OCL

28:43here. Now if you check did this previous

28:47candle did they break any key level? No,

28:49not break anything. So these key levels

28:51are valid for the market to use and go.

28:56Now when the market was here, when this

28:58market was here, let's say this is the

29:00current candle, this is the current

29:01candle, this candle here. If the market

29:05wanted to come lower to tap us in, the

29:08valid entry would have been

29:11here

29:13because this is the previous

29:16let's say this is the current candle.

29:17This is a immediate previous candle.

29:19This immediate price has not break any

29:21key level at the side. So here will be

29:24our valid entry.

29:26You see that will be valid entry. That's

29:29why the market even came later and used

29:30it a little bit.

29:33Now when this one was the current candle

29:36when this one was the current candle

29:37when this one was the current this was

29:39the previous candle. The previous candle

29:42doesn't have any only support. So the

29:44market likely to come to the support.

29:47Some traders will say okay the market

29:49broke here or we trade the market broke

29:53there but between RBS

29:56this is a resistance between RBS and

29:59support which one is stronger support

30:02so my priority will be on this support

30:05but if you're scared that the market

30:07will come use here and go then you can

30:11reach 10 or 5% of your entry

30:15capital remember I say entry capital If

30:17you're entering always entering trade

30:18with $10, you split it into 10. You

30:21enter with $1 here. If you're entering

30:23trade with $100, you split it. Now, you

30:25know, even if you lose that trade,

30:27you're not you still have your real $90

30:29left for you to enter at the right

30:32place. You see? But now this you

30:35learning

30:37top priorities,

30:39what are important, what are strong.

30:42when you go back just start to try to do

30:44back testing with all this and see it's

30:47not just you learn back test and see is

30:49it really happening like this is it

30:52really happening like this so for

30:54continuation we use our OC you can see

30:57OC's here you can see OC here when this

30:59one was the current we had OCL here

31:02this OCL here was valid because this one

31:05lap OC because below it is this RBS and

31:11support. If there was no RBS here, I

31:13won't use this OCL. I'll focus on the

31:15support here.

31:17You've learned that already.

31:21So, that's how we prioritize our

31:24entries, where to enter and where not to

31:26enter. So, between this OCL, where is

31:28the current candle? Between this OCL and

31:31this RBS, I'll use this one. And inside

31:35here, there should be an a valid STF for

31:39me to use. and the market continues

31:43that way. So now we've learned in this

31:47um in the this current class and the

31:50previous class we learned SCFL

31:53how to prioritize where to use. So now

31:56in the in the next class the next class

31:59we are going to learn the SCFL

32:02how to select because we all have

32:04different key levels we use. We don't

32:06use all key levels. You see how we've

32:08selected our key levels to use and

32:10inside those key levels we now see the

32:12one we've selected not to use. We going

32:16to see how to use the other key levels

32:17later. So for this class we learned FTFL

32:21on when the story line is just formed

32:24and when there is a continuation you can

32:27go back to your chart and start seeing

32:30this thing for this very trade here.

32:32This USD JPY

32:37USD JPY

32:39I know you saw the chart I just cleared.

32:43So what I did was this

32:46now. Okay. Another secret is this.

32:49Another secret is this. What I always

32:51use when the market breaks when the

32:54market breaks. You see the market broke.

32:57How many key level was broken here? This

32:59is the first key level. This is the

33:01second key level.

33:02This is the third key level and this is

33:06the fourth key level. Now if I look at

33:09this key level what the some of the

33:11secrets I use. Now this is um FT um QM

33:17FTQM FT plus ABQM. This is it here. This

33:21one is just FTQM.

33:23Now

33:25this is RBS. This is also RBS. What I

33:28always check to filter it out. Remember

33:32I will check for the first key level the

33:34market broke. I have two key levels

33:37here. So I'll just check for the first Q

33:38level. So this is the first one the

33:39market broke. So I take this one I

33:41remove this one. Now since the market

33:43broke two RBS I'll check which one is

33:46the first RBS. The market broke is this

33:48one. So I'll eliminate this one. I've

33:51removed these two. I'm only left with

33:52this this one. Now despite I don't

33:57trading RBS or SBR is not

34:00advisable

34:03here is the right place to look for

34:05trade and inside here already there's a

34:07valid trade on SF except the story line

34:10changes there's a valid trade here so

34:13this is where we're going to end the

34:14class today back test practice this on

34:18we've done this on this look for it this

34:22for bullish look for it for bearish your

34:24assignment for it to look for this on

34:26bearish.