GxT | Trade Recap | My Best Trading Day Ever!
FULL TRANSCRIPT
Yo, what's up everybody? Welcome back to
another YouTube video. Today I'm going
to be doing a recap on the trades that I
took today. I took four trades. It is
January 2nd. Um,
so first I took a YM trade here. You
guys already saw it. Um, here it is,
right?
And I TPD here, but we're going to go
over everything. Um, I took these on
separate accounts. So, I'm not going to
be flipping an account, show you all the
executions. You guys can go on my
um, what do you call it?
Social media, you know, to see my
executions and whatnot. Um, but I'm
going be going to be explaining all of
them to you guys today and my thought
process. Um, and it's the same thing
over and over and over, right? If you go
on my trade your gaps from months ago,
it's going to be the same thing, right?
If you go on how I teach these these
concepts, it's going to be the same way.
Uh like I show in the examples, right?
It's not hindsight. It's exactly how I
trade. And you guys can catch these too,
right? I'm showing you guys a mechanical
repeatable process um that you can
follow, right? Many people, many of my
students took the same trades as me.
It's not a coincidence. It's something
you can absolutely do. It's not um some
magic. It's not some um enigma. No, you
guys can actually do this, right?
And I'm going to be showing you guys the
the trades that I took today. Like I
said, I took four. Um, another thing I
know I was going to put out or I wanted
to put out a video on asset organization
before Christmas. I just got really
busy. Um, there's a lot of slides for
that lecture. Uh, which takes a long
time, right? I'm bro like I'm [ __ ]
old and Figma is not my thing, bro. That
[ __ ] takes a long time to uh to create
those slides, right? So, uh, around
Christmas time, I don't know why I
thought I could get that done, but I
could not get that done, dude. So, going
to have to push that later on. But, um,
I mean, we're going to cover some of
that stuff here today. So, you you'll
learn something today. I promise you
that. So, let's go ahead and start with
let's probably start my first trade of
the day. Let's go with that. Let's go my
first trade today on silver. So, let's
get into it.
So, I longed silver in Asia session and
when I tell you the trade I actually
missed. I was on the charts like super
early on. So, um but there's always
another opportunity as long as the draw
liquidity is not taken. Uh and I'll show
you guys that. But first, let's kind of
walk through the process of this trade.
By the way, this is probably going to be
a long video. Um I was going to do all
my trades for the week because I did
take some banger trades, dude. um on
specifically
gold and silver, but that would just be
too long a video, I think, if I went
over all my trades this week. I mean,
four is already insane. Um, so it's
going to be a long video. Hopefully, I
mean, you guys don't mind. You guys
clearly don't [ __ ] mind. My last
video is like hour 30 minute. I mean, it
might be that long, dude. I don't know
cuz I'm just yall know me. I just click
record. No edits. I just yapp and [ __ ]
But anyways, I just wanted to get that
warning. It's going to be a long one
because I'm going to try to go in depth
as possible for you guys. Um, so yeah.
So, let's start on the weekly time
frame. Like, why did I even short early
in the week? Well, in order to
anticipate
a reversal candle like this or a new
face of price, um, you have to have
specific things happen, right? You
there's a couple ways, right? You either
have [snorts] the pre-w week expand or
you maybe have a series of candles
expand and what the what happen after
expansion a new phase of price like
retracements or reversal that creates
these reversal candles right that come
back into the range um or it's after we
hit a key level obviously if we expand
to a key level um I mean of course we
can create a reversal candle right and
get a new pivot price so if you look
here clearly on gold
We expanded to a high so we can get a
new face of price but also we um have
multiple series. I mean we're coming off
multiple series especially this week.
Look at this week this week candle here.
I mean it's just about as big as this
whole range here. It's very very large.
It's also the last week of the whole
year, right? So if you just look at the
12-month candle, it's like we're capping
off the the [ __ ] yearly candle at
this point, dude. Coming back in the
range, right? So it just makes sense,
man. It just makes sense to come back in
the range a little bit. um
on this week, right? So, but with that,
what did we do? We came back into the um
range on a Monday. So, this is why you
saw my big trade on Monday. That's the
whole reason why I'm anticipating this,
right? And uh what would we anticipate
the reversal to form from if we're like
alltime highs like this? Well, there's
really only two scenarios. If you're
going to get a small wick that expands
back in the range, then we have to
basically reverse from the previous week
high. high. I mean, we're at alltime
highs. That's the only thing we can
reverse from. So, when we have SMT with
this, like this, right? After you hit a
key low, um, I mean, that's perfect,
right? Now, the other scenario, if you
don't reverse from this candle here, you
don't have SMT here. Well, what would
you need to do? You need to engineer
something to reverse from. All right?
So, meaning the the weekly candle have
to open up and engineer some high like
this. Maybe like Monday high, Tuesday
high or whatever, and then reverse from
that. All right? That's the only
scenario. an SMT there maybe or
something like that, right? Or a daily
swing point like Monday reversal,
Tuesday reversal like closure or
something, right? If we're going to
reverse Monday, expand back in the
range, then I mean this the only thing
to reverse from. It's like this, right?
So, um with that,
we expanded on Monday, very very large
range. So, again, this day is like
expected like I wouldn't expect it to
come this deep in the range like this.
But look on gold like look at this
little inside bar. So, what is this?
It's like consolidation, right? Like
expansion, consolidation inside bar and
then this day expands again. That's why
I shorted this day too, right? Um that's
why I avoided this day because of the
large expansion. It makes sense, right?
This this day is very small ranged.
Well, silver is super high in the range.
It's not something you want to trade. Um
now this day, right, we expand into a
relevant low. Look at the space between
these lows. So first off, let's look at
all these lows. That's [clears throat]
another reason why I wanted to trade
into these lows. I mean, look at it,
right? Look at all these lows, man. It's
super obvious, right? So, when I trade
this T reversal, I mean, come on. That's
the easiest trade of all time. S&T fill
universal sequence, but we're not going
over that trade today. My Discord voted.
They want to see me recap today's trade.
So, that's what we're doing. But, we do
trade into this level. So, when we trade
into a level, what can we get? What can
we get when we expand to no? We can get
a new phase of price, right? So we
expand to this this level down here and
we have a clear reversal candle if you
see here. No, this is the I think yeah
so this is a bank holiday. You can see
on CFDs it's showing these weird gappy
candles or whatnot like this. You see
that on a on future it didn't even have
this daily candle.
Um you're seeing
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