One of the most common questions I get asked is, you know, how do I start day trading? So what me and my mentor Bowden for our viewers on YouTube is create a free mentorship course that reveals our 12 secrets that every single brand new day trader should know before they get started. But please take note that there is limited seating every single week. So please reserve your spot at myinvestingclub.co. Link is in the description. All right. Enjoy the video. What's up guys? It's Terry Haas here. And today I'm just going to be kind of going over two trades that I made this week that I really think can help a lot by kind of seeing my thought process and how I approached them and why I did. Already I know this stock is overextended because we're at the top of the range. You know, I'm seeing that, you know, we're pretty far from VWAP.  So I'm going to be kind of looking for lines. So for my lines, I think I'd probably be watching this one at the top and this one at the bottom and just seeing kind of whether they hold or not. If you want to do kind of like a fantasy in here and a fight fantasy in there, I don't really think like that's a bad idea either because I've been getting a lot of questions and people are like, oh man, like I had that line drawn, but I just I just couldn't take it. And I think if you're having that problem, what you need to do in order to trust your lines is just start using small size preset orders and see if you can get kind of consistent doing that because that can help you as well. But if you're going to do preset orders, you need to do preset exits, I think because what's happening to people is that they have really great entries, but then they don't end up getting paid for them because they hold too long hoping for a home run. They hope that it can go further. And by the time it kind of, you know, by the time they're like, oh man, I should have sold, they're already for a loss and being stopped out. So I think that if you're having a problem with greed, preset exits are going to be the way to go. And so when I'm looking at this chart, I'm saying, okay, you know, we have VWAP down here, VWAP is always going to be a line, we have this one right here. But when these two kind of line up, I like it a lot more because we have all the VWAP buyers, plus we have all the people buying on this kind of support area that works super, super well. We have kind of two types of people wanting to buy. And also it's not really overextended. It's come down enough for kind of a bounce. So this is kind of a play that I would love to kind of get involved in. If I kind of see this area holding, if I kind of see this action, maybe if I'm a bit newer, I'm just going to preset this area, put in my stop loss and say, okay, this was my plan. I'm going to follow through with it. So I think like this kind of mentality of, okay, I want to buy a pullback. I don't want to be chasing strength. I don't want to be full mowing in at the highs. You know, if you're seeing this stock here, because most people are seeing the stock at the highs, I think in my opinion, because like, let's say you miss something by the time, you know, in our chat, I think we're a little bit quicker. But you know, maybe you're not looking at the chat. Maybe you're paying attention to another ticker by the time you see this stock all the way at the highs, you know, it's a little bit too late. Start kind of planning for a bounce. Start kind of thinking in your head, okay, I don't want to buy strength. I want to be looking for a pullback. I want to be looking for some type of weakness to go long into, even if it's only a small bounce and even half this, it's still way better than chasing at the highs and then getting stopped out. So again, these are some housekeeping rules that I posted in after hours. I know that some people don't read the after hours chat on the weekend. Some people are a bit busy with other stuff. Some people can't make it to weekend mentoring. So I decided to include some of this in a video as well. So number one is in a trade. If I want to buy 350. Let's say that this rate here is 350 line. Okay. If I want to buy 350 and 350 doesn't bounce in the next minute or so, I'm going to always get out for breakeven or a small loss. If this, let's say this doesn't bounce it just kind of lingers and lingers and lingers. Well, that wasn't my plan.  I'm just going to cancel the trade and either get out breakeven, small win or small loss. And that's just going to be it because my plan is for it to kind of come down, bounce and go higher. You know, I don't want it to be lingering. I don't want it to be sitting there on VWAP for five minutes saying, Oh, is it going to bounce? Is it going to not? Because then it starts to turn into like a 50-50 trade and you start kind of fighting yourself saying, Oh, but what if it goes higher? And then the other side of you is like, Oh, but what if it goes lower? You know, I should sell now, but I don't want to be missing out on something It's always good just to take it off, reevaluate, reassess. And for me, that's always kind of the best thing for me to do. I never buy into a green candle. I never buy into any type of strength. And the reason being is right here, you know, let's say I'm buying up here, you know, when it's super strong into some type of maybe pre-market resistance or daily resistance, you know, that's not going to work for me. I need to always be buying into support. I need to always be buying into weakness because I really do think, you know, if you're an experienced long, like Austin, Austin is a really, really good strength buyer. I see it all the time in Austin's webinars, but he, he doesn't just buy into strength randomly, you know, there's a difference in what he does. Maybe he's buying the second VWAP test when he knows that shorts are really in trouble or maybe, you know, we've cleared pre-market highs. So Austin is looking to buy a little bit higher or he knows that, you know, if this breaks out of a consolidation period and starts to go a little bit higher and doesn't stuff, maybe he's going to look to go long on it, he is really good at identifying those types of situations. And he's also really good at teaching them in his webinars. So go definitely check out his webinars as well. He does have a lot of trade examples that I think are really good on the long side, buying into strength. But for me, for my rules, I'm not really a strength buyer. I'm more of a weakness buyer. And so I never like to buy into a green tight candle. And I never like to buy into any type of strength. I never buy overextended stocks. That's a given if I see like maybe five, six, five or six massive green candles or, you know, we're never going to get that in this market. Let's say two or three massive green candles. I'm not going to look to buy there. I'm always going to kind of look to buy into weakness, into some type of support, into some type of level or line that I really want to kind of go long into. Everything's always pre-planned that I do. You know, either pre-planned by I've drawn a line and I'm looking at it or it's been pre-planned as if, OK, this is the line I want to go long on. If this holds, I am going to go long on it because there are no other lines left. Hey, guys, my name is Toss Bradley. I'm one of the head mentors and moderators at my investing club. If you have any questions about getting started in trading, getting started in the M.I.C., M.I.C. in general, text me at<PHONE_NUMBER>. This is not a robot. It is me directly on the other end of my business line. And we'll get you in the club. We also have special promotions going on that I can get to you depending on your trading needs. Hit me up.  And when a broken stock comes back, I think it's really important to note that usually, Bao and Alex, they might have a plan on it. But, you know, I'll even see it where like, OK, this could come back. Like there was a low float a couple, you know, a couple of weeks ago that was kind of broken and came back that one, they usually have in a liquid pre-market and they're usually not at the low of the range if you want to kind of short it. Like the ones that I like to look at are stocks that have kind of been, you know, they don't really have a super liquid pre-market. They don't have a lot of back holders. They're at the bottom of the range. And I like to see them start to kind of grind up and start to, you know, start doing massive volume. Most of the broken stocks that Bao and Alex are shorting. And again, I wouldn't really advise going long a broken stock. But, you know, if you if maybe it's the only ticker on the day or maybe it's a kind of stock that you're like, OK, it's starting to grind a little bit higher, but I don't want to, you know, go long because Harry says don't go long broken stocks. My kind of rule on it is that if we start doing a lot of volume and if we have like a lower flow and some flow rotation and we start kind of grinding, that's kind of the area or kind of the type of action that I want to see rather than just looking at every broken stock saying, oh, my God, this is an amazing long when it just keeps fading, right?  And usually it's these broken stocks where we have nothing running on the day. And then everyone starts to pile in. It starts to get crowded, short start to fight. And that's what brings it higher. But if we have another hot chick running on the day, that's kind of like another type of low float, another type of, you know, stock that everyone's interested in, then I'm definitely going to avoid this broken stock. But the times that I have seen the broken ones run, it's usually when there's like I'm going into the open saying, I think it's going to be a slow day. And then one of these kind of pick up and we get the action from there. Or it's kind of, you know, like these ones that have ran, it's hard to explain, but they have kind of in a liquid pre-market. There aren't many bag holders in it anyway. And so usually the theory on the broken stocks is that there's so many people trapped that they just want to kind of sell into a pop, cut their position and have it go lower. That's kind of the psychology. But in this, if we have none of those people and we start doing some massive volume, we start grinding higher, get the float rotation and start grinding, you see shorts fighting, we start to get kind of back up to VWAP, that's kind of the action where I'm like, okay, wow, this stock is actually strong. You know, we've just done like maybe four or five mill volume and the first like six minutes of the day. Okay, like this is something that I really want to look at now because everyone else is interested in it. But I'm not going to be looking at a dead broken stock saying, oh man, like this one's definitely going to the highs because that's just unrealistic. So I think like as a rule, if I was new and I was inconsistent, I just leave the broken stocks alone because like, you know, it is something that I think as I've gained experience, I've kind of said to myself, okay, maybe this has a chance if we can get a lot of volume.  Everyone's just going to be selling out or, you know, bag holding. So I think with experience that's helped me on kind of the beaten down charts at the low of the range type of stocks. Never buy a stock that has very low volume during the day. I've said it once, I'll say it again. There's a difference and I've talked about this in my video with kind of the lower volume squeezes, but if we're just doing maybe like half a million volume and we're getting to zombie time, I wouldn't want to long that. You know, if we're doing very low volume and we're just kind of fading, I wouldn't want to long that, you know, because there's just no demand, right? So if we're doing very, very, very low volume, I'm not going to want to look at it. Never buy a stock because it's a low float. I see this all the time pre-market where people are like, oh, it has to run because it has a low float and I saw it. I was the first one who saw a pre-market. It's like now buy a level, buy a line, you know, check the news, have a process on these. You can't just be hammering in hitting the buy button because it's a low float. That just is not going to work. You know, you need to have a plan on it. You know, don't blow your load too early because it's a low float. Be patient. You know, let the stock come to your level. You know, you're going to have all day, right? So just be super, super patient and don't kind of hammer in right away. And number eight, always buy on a line. I know this is kind of self-explanatory, but as long traders, sometimes you can get caught up just as short traders can as well when you start seeing, you know, a stock, you know, start running and you're like, oh my God, I missed it, I missed it, I missed it.  There's always going to be some type of trade that is there for you. So, you know, just calm down. You know, start identifying some levels that you can go long off of and that's really about it. I mean, just have a plan, be patient, be calm. Wait for the stock to get to your level. Don't start hammering in. It's so easy to kind of see a stock creep up to VWAP that you weren't really watching and it starts to break VWAP a little bit and you start hammering in, you're like, this is the one. This is the one that's going to squeeze and we stuff VWAP, go lower and you're the person who gets stopped out into my buy order, right? So, just be super, super patient. The educated traders like this are always going to win. The chasers, the people without a plan are always going to lose guaranteed. So, thanks for watching guys. I hope this can help you.  I kind of went through a small amount, but then I could have kind of a big thought process and that's what I've kind of been getting from my DMs was like, you know, we understand you're a good trader, but we want to learn a little bit more on the why you kind of took this trade. So, you know, I think that that's great kind of feedback and if anyone has any more feedback, you know, I'd love to hear it because I really do think that it is kind of important to kind of, you know, get to the point. Like if you think that me showing a large amount of trades but little kind of, you know, maybe a large amount of trades but a little bit of process works for you, then maybe let me know. But what I have been getting from a lot of the calls and a lot of the, just kind of a lot of the DMs, the kind of one-on-ones is that they would rather me show kind of like a pattern within my trades, why I took them and then kind of go into some like teaching examples like that. So, you know, that's kind of what I said I would do for this week. Definitely let me know what you think of it and yeah, have a great weekend. Rest your weekend and good luck on Monday. And if you're watching this kind of in the video library later, you know, good luck. So, see you guys and I'll see you for the next. Thank you so much for watching our video. If you want to see more of our videos, please subscribe to our YouTube channel by clicking the button here. We do our best to post a new video every single day. If you have any questions about MIC or any general trading questions, please text Tosh using the number here. Also, stay up to date by watching some of our most recent videos right over here.


Hey, everyone, hey, hey, welcome, welcome, right? Hey, can everyone hear me nice and clearly? I can see, let me just pull out my chat area. You can practice your, we have this dedicated chat area over here so you can send through your messages. If you can hear me, if you can see me, do me a favor, just send a message through so I know that you guys can hear me perfectly. Right, I think the audio should be working. Yep, audio should be working, okay, cool, cool. Pull up the Q&A, all right. Hey, Olivia, hey, oh, Miranda, Leon, yeah, yeah, I just got your question, right? I saw you come through, I have not responded to it yet. Let me get to that later today. All is well, all is well. It's great that you guys can hear me, right? I'm presenting from home today, right? Because I'm actually on, I actually just got my kid, right? I just got my kid, a little boy, right? Just born about seven, eight days ago, eight days ago. Was it eight days ago? Yeah, eight or nine days ago, right? So I just got a little boy, right? So I'm here home with the wife, with the kid, right? And of course, now with you guys, right? So it'll be a very fun time, a very fun time today, right? Thank you, thank you very much, darling, right? Thank you, thank you, Ellen, right? Yes, I'm not sure if you can see my iVex. All right, guys, man, if you can see my iVex, right? If you can't see my iVex, then you need to thank Zoom's makeup, you know, I think touch up feature, where I just, you know, hiked the iVex for you or something, but man, I never knew I could operate on so little sleep before, right? But yeah, no, if anything, I might find myself trading the US sessions a little bit more because I'm stuck up all night anyway, right? Oh, Richard, his name is Lucas, right? Yeah, Lucas, Lucas Leong, right? So it's not Elliot, right? I tried to convince her to use Elliot because of Elliot Wave, right? So it'd be the perfect joke I could keep using, you know, for many years to come. But no, his name is Lucas, okay? Thank you, thank you very much. Fatherhood's okay, fatherhood's quite okay, right? It's quite interesting, right?  That's about it. Thank you, Yixiu. Yeah, yeah, no more sleeping nights. Yeah, maybe I can create a new indicator, Richard, yeah. Oh, Richard, you can change your messages if you want, you can send it to everyone too, right? So everyone can see each other's messages. It's pretty cool here. That's what I like about the Zoom, right? Everyone's able to see my screen, right? Everyone able to see my screen. The Ultimate Forex Trading Masterclass. Okay, awesome. Not sure if you guys can see my cat. Any of you guys ever seen my cat before? It's one of the few times like this, past six months where I finally get a present from home and she's like, this is like me. Let me see if I can tweak the screen so that you can see her. Let's see. Not sure if you can see her. Can you see my cat? I'm not sure if you can see my cat. I can't see my screen now, but that's my cat there. It looks like she's having a good life, right? A good life cat, yeah. Yeah, yeah, you know, she's down there sleeping, having a time of her life, right? And she's the original. She's the original indicator. Do you get it? She's the indicator, right? I mean, that's no lame. But I always like the cracker joke, right? She tells me when to buy and tells me when to sell. Okay, guys. Right, okay. You can tell I'm brushing up on my dad jokes, right? Okay, okay. Now, enough of the dad jokes, right? Let's begin today's session. Today's session, right? Ultimate Forex Trading Masterclass, brought to you by TickMeal, right? Remember, there's a disclaimer there, you know, forex trading can be risky, right? And I think this webinar should be construed as investment or trading advice. So please do your own due diligence before you guys trade, all right? Today's webinar, we're gonna focus, we're gonna focus on analysis, right? So it's a lot of people actually gravitate towards technical analysis because it's much more, it's much more, what's the word for it? It's much more real. In the sense that, you know, you can see it and there's less room for misinterpretation, right? For fundamental analysis, you know, sometimes it's a little bit wishy-washy, right?  It's more of like a guiding momentum kind of thing, right? So I'll be sharing with you a little bit on how I actually use it to trade there. It's a way to use it to trade. See a little bit trickier, right? But let me first, there's too many things I've popped up over here, right? But let me first move on from here. Okay, so today I'm your speaker, Desmond Leong, right? If you wanna find me on Instagram, nothing much over there. Mainly me, my cat, FIFA, right? And soon my kid, I guess, right? You can find me on Comfy Desmond over there, right? So finalist for the best 2019, 2020, 2021, 2021 for best FX research and 2020, 2020 and 2021 for best equity research. So really good. I run a very, very strong team of traders, right? Many of them have passed many trading competitions, right? Won many awards, right? And today's session, you know, I'll be showing you guys my take on fundamental analysis, okay? I'll be showing you if you might take on fundamental analysis. Now, let me go on to the next slide over here. Okay, so what we can expect in today's session, okay? I'm just gonna mention really quickly what is fundamental analysis, right? We're gonna take a quick look at the, using the economic indicator, the economic calendar. Let me see if I can have my little pen over here where I can just draw stuff. Yeah, yeah. So I'm gonna look at the economic calendar over here, right? I just give a little bit of ways how to interpret it. Then I'm gonna talk about this concept of known unknowns to you, right? And this known unknowns would also lead us to the next thing which is looking at a time versus price sensitivity matrix. So the thing about fundamental analysis is that a lot of people think that when it comes to fundamental analysis, that you just, you know, you should use it no matter your trading style. But the truth is, right? When it comes to fundamental analysis, depending on your trading style, you might find a use for it or you might not find a use for it, right? So if you guys can share with me really quickly, how many of you guys are scalpers, right? That means you take a trade, you get in and out of a trade very fast. How many of you guys are day traders, you know, kind of take a trade, you know, just for the day itself, you know, you don't hold a trade beyond the day. And how many of you guys are swing traders where you know your trades last a little bit longer, you know, anywhere from a couple of days to a week, right?  Well, a trend trader, Leon, a trend trader could be, you know, could be trading a trend on a five-minute chart. You'd be trading a trend on a 15-minute chart. So it really depends on what we're looking at is how long you're holding a trade, right? So, okay, we got actually quite a good breakdown of scalpers, swing traders and day traders, right? And one of you guys here, the fundamental analysis, right, affects your trading styles in different degrees. I'll be sharing with you what it means a little bit later in the time versus price sensitivity matrix, right? Richie, you know, if you're new to trading, right, the safer bet might be day and string trading because when you're scalping, you need to be really, really good with your technical analysis, right?  So that we will be exploring in time versus price sensitivity matrix later. We are gonna look at a few macroeconomic analysis if we have a little bit of time, right? Because this is important, but at the same time, you know, it's things that can be covered online if we have the time we touch on this. But what I want to really, really focus on is of course how you can, not just a wishy-washy kind of like topic, right? It's not just a wishy-washy topic on fundamental analysis, right? Instead, we're going to show you how you can apply it in trading, which is the most important thing, right? Actionable education, right? That's the key thing I wanna focus on, actionable education, okay? Now, let's begin today's session, all right? Okay, next slide. Oh, it looks like the drawings remain there. I need to clear the drawings, clear my drawings, right? I wonder is there a way with keynote I can just draw on the charts? There is probably a way, right? But because I'm not much of a Mac user, I don't know how to do that. So I'm just gonna leave it there, okay? Now, what is fundamental analysis, guys, right? So what is fundamental analysis? Let me share with you a, you know how when you go to a doctor, right? So a doctor will give you a health checkup, right? A doctor will give you a health checkup, you know? Take your blood pressure, right? Take your cholesterol level, right? And then you know, can see different things, right? See your health, right? I went for one recently and my cholesterol is a little bit higher than I, you know, one, two. I think it's all the drinking and all the late nights. It's not helping, right? So to cut down my cholesterol a bit, but with the diagnosis, then you know how healthy or how unhealthy you are, right? So that's how it works when it comes to looking at, you know, looking at your health. Now, fundamental analysis is like looking at the health of a country. If we have blood pressure, you know, BP, right? For humans, you know, a country might use CPI, right?  What is it? I think there's some stuff due to the kidney. I, yeah, there's all the different, all the different words over there, right? So with a country is similar, you know, fundamental analysis is like a doctor and you're taking the health of country. What are your unemployment numbers? What are you are? You know, what's your CPI numbers? What's your inflation? What's your growth rate? What's your GDP? Right? So you're taking a lot of different numbers and from there, you kind of get a gauge on like, hey, how healthy is this country? Now, how healthy a country is would then affect, right? The strength of the currency, the strength of the stock market, the strength of, of course, the demand for commodities and stuff, but of course it affects really hugely the strength of a country's currency, all right? So at the core, at the core, I'll be showing you some numbers we can, some different figures we can use to measure it. But when people talk about fundamental analysis, they're really just talking about the health of a country, right? If we look at stocks, right? You know, look at futures, look at commodities, right? There are different ways that you can apply fundamental analysis, but fundamental basically, you're just looking at the, you know, the fundamentals, the core, the foundation, right? The health of a certain asset class. If you're looking at the stock market, if you're looking at like Apple, right? Fundamental analysis, Atari, I can see that you're raising your hand, all right?  Send it in the chat section, all right? So that I can, because I have, I literally have another screen open here, actually open below, so I can actually see all the questions come through, right? So feel free to send it through your questions right away. Don't wait, oh yeah, that's one thing I want to encourage you guys, do not wait until the end of the webinar, because if history tends to repeat itself, we will never have time for Q&A, right? Because they're trying to cover as much as possible, right? So just send your questions through and do my best to get to them, all right? So what, so if you're looking at stock market, right? You're looking at Apple, right? You're going to look at the stuff like the PE ratio, the profitability, right, EBITDA, right? Look at all these different stuff, you're just measuring the health, okay? That is fundamental analysis. Now what I'm going to touch on next, right? Let me just move this, move my stuff around so it's a little bit neater, right? Okay, what I'm going to touch on next is this thing called, when it comes to fundamental analysis, one thing that we tend to look at, which I encourage you guys to look at, is this thing called the economic calendar, okay? The economic calendar. And I'm going to show you how to get access to it later. Now the economic calendar, you can think about it as like, it's a place where you get all the different, all the different health reports of a country, right?  And then you got, this is France, I think, right? My flat game is not that strong, right? But yeah, you know, you got different countries and then, you know, you get the different readings, right? So let's, so for example, let me just pull out a handy dandy chart over here. Well, not really a chart, but maybe more of a, how do I clear my drawings? But how do I not draw anymore? Mouse, okay, so there you go. So, you know, you go to TickMeal, you can TickMeal economic calendar, right? TickMeal economic calendar, you click on it, right?  It's pretty cool, right? What I like about the economic calendar is that you can put it in a timeline view like this, or, you know, you can have it in like a little bit of a calendar view over here and you can filter, this little filter, only high importance news events. So you notice like orange and red, right? Those are the big news events.  But if you click only high importance, it actually shows you the orange and the red ones, right? Conflation of course, inflation is super important because, you know, inflation, you know, affects what the central banks will do, which affects the interest rates, which would then affect the currency. All right, so this is a place where you look at economic calendars. What is particularly handy about this economic calendar, right? Is that it actually shows you the date and the exact date and time is gonna happen. Now, when you know the date and time of something, let's say, let's try out something over here, right? Let's say Germany, super big country in Euro, right? CPI final year on year, okay? How many of you guys know when this event happens, is it going to be bullish or is it going to be bearish? Does anyone want to get a guess? This is happening on May the 11th, which is on Wednesday, right? And it's gonna happen at 1400, not wrong GMT.  Anyone want to take a guess? I got Charles saying that it might be bullish, right? How do I pull up my, okay, there you go. Oh, let's say my bullish, right? Okay, bullish or bearish, right? People, it's hard to know for sure. Kelvin says it's bullish. Quite a number of you guys are saying that it's bullish, okay? All right, now, this is what I call, which leads me to my next point, right? This is what I call unknown, unknown, okay? This is what I call unknown, unknown. Yeah, so Alex put a pretty good point, you know, it depends on the actual result, you know, is it gonna be good or is it bad? You know, what is the result that's gonna come out? Some people use this term called econometrics where they crunch massive amounts of data just to predict, but it's rarely ever kind of accurate, right?  However, however, this is what we call unknown, unknown. What I mean by known, unknown is that, where is my chart? Is that we know exactly at 1400 GMT on a Wednesday is gonna happen. So that's what I mean by known, okay? Let me just pick up my drawing too, right? So this is what I mean by unknown, unknown. You know it's gonna happen, but the outcome, this is the outcome, it's unknown, okay? 10 writing is still legible, okay? Yeah, you know it's outcome, but you know it's gonna come by its unknown outcome and that this is particularly important for high, right? For high volatility news events, okay? For high volatility news events, because what happens during those events is that when it comes, when the news events comes, right? This, you know, as a fundamental analyst, right? Looking at all this different data, because you know these are the readings that you need CPI, you need PPI, you need non-fump payroll, unemployment reports, you know, you need inflation reports, you need interest rate decisions. All of this is shown to you that we know exactly, we know exactly when it's gonna come. The problem is that we do not know the outcome, right? So that is what I mean by known, unknowns. Now, usually what you want to look out for is high volatility news events. Because when there's high impact news events rather, high impact news events are the ones where I just let me go back to my mouse, I'm going to clear all my drawings, right? High impact news events are these ones, right?  If you want to, you can see over here, medium, low and high impact news events, you need to know when they're coming, okay?  If you were a scalper, so when you're scalping, for those who are here for the first, we're not familiar with the term scalping, right? So scalping actually means that you get in and out of a trade fast, all right? That means your stop loss and your take profit is usually pretty tight, all right? Let me see if I can pull up my little drawing tool over here.  You keep it very tight, right? If you're a day trader, you know, you might have a little bit more breathing space, you might put your stop loss in your take profit slightly further away, right? Swing trader, you can even put it further away. Now, when these kinds of news events come and there's a lot of volatility, right? There's, you know, the news event comes, you imagine price, you get into a trade, right? News event comes, price spikes down, stops you up and then shoots up, right?  It might happen both ways.  You are very vulnerable to volatility, okay? When you're a scalper, you're very vulnerable to volatility, okay? I'll be showing you what I mean by that.  You can take the screenshot of it if you want, right? I kind of created it myself, right? Look at this, right? So let me just pull out my handy dandy pen over here, right? There are two kinds, right? There are the scalpers, there are the day traders and there are swing traders, okay? So these are the three different trading styles over here. Scalping, day trading, and swing trading, okay? Now, and then there is the three kind of stuff approaches to trading. You have technical analysis, you have economic news releases, which is similar to the economic news I showed you, and then you've got fundamental analysis, right? Fundamental analysis is stuff like, really seeing when a CPI report comes out, inflation report comes out, non-farm payroll report comes out, how effective is it in your trading strategy? Now, let's look at it bit by bit, all right? If you are a scalper, right? As a scalper, you have a really, really high reliance on technical analysis, okay? So that means you need to rely a lot on technical analysis because if you're on the five minute chart, right? What moves a five minute chart and what moves a 15 minute chart even has a lot more to do with technical analysis than fundamental analysis?  You know what? I think Biden, you know, or, you know, might win the next election, right? Or I just say that I see something along the lines, yeah, this Russia, Russia-Ukraine war, you know, it's gonna weigh, you know, it's probably gonna last for a couple more months, right? You know, there's gonna be a lot of volatility, right? And, you know, it's probably going to affect the prices of oil and gold a bit more, okay? So let's just say gold, okay? Let's just say this whole economic uncertainty is gonna affect gold a lot more. So there's fundamental analysis, all right? Now, with that news, okay, you have the news now, I was like, all right, okay. Gold is likely to go up because of this uncertainty that's happening in the world with this, you know, with the war, okay? Now, then you look at the five minute chart and you're thinking, okay, how am I, my cat just got up, right? How am I going to apply this to trading? How am I gonna apply this to the next five minutes, right? Okay, you know, the goal is generally bullish, but how is it gonna affect the next 20 minutes, 30 minutes when I'm in a trade? The truth is it really, really affects it, right? So the important thing here, right, when it comes to trading, right? One important thing that I wanna teach you guys is that in the world of trading, it's so scary because you can learn the right stuff and you can learn the wrong stuff. It's different from the world of academia, right? In the world of academia, you know, you can, if you're studying, right, if you're studying for an exam, you study, however, the more you study, the better your result is, right? There is a linear correlation, right? The more you study, the better your result is, but the scary thing about trading is that, you know, when you study, you might study the wrong stuff, right?  So it's very different. So people who are really, really good at academia, right? Really, really smart. They often struggle, you know, when it comes to trading because, you know, sometimes the logic doesn't make sense to them, you know? They are studying and studying this pursuit for knowledge. They keep studying and studying and studying one, learn too much more, but it doesn't result in improvement in their trading, right? Because when it comes to trading, it is equally important to know what to study and what not to study.  You should ideally have a higher reliance on technical analysis. You should pay a lot of attention to economic news releases, all right? You should pay a lot of attention to the economic news releases because it affects the result might, you know, it's an unknown result. You do not know what the non-fumpero is going to be. Even if you know what's a non-fumpero result going to be, you do not know how the market is going to react to it, right? It might go crazy, right? Sometimes, you know, the number shows better, but the market doesn't go as intended, right? So economic news releases a high impact and that's why it affects you a lot, all right? Then fundamental analysis, right? You should ideally have a lower reliance on fundamental analysis, like it's okay to know what the CPI and PPI data is, right? But will it affect your trade over the next few days? Unlikely, right? Because if you're a scalper, you're getting in and out of a trade fast, right? So as a scalper, how many of you guys want to take a guess? What is the timeframe you should ideally be looking at? What timeframe should you ideally be trading at? You know, is it the five, the 15, the one hour? All right, I see some answers coming in. A lot of people are saying five minutes, 15 minutes. Oh, one to three minutes, all right? That's intense, man, that's intense. All right, L one hour chart. All right, all right, by John, okay? Depends, scale from one. Yep, I actually really like Andrew's answer where he scales down from the one hour to 15 minutes. That even though you want to take the trades on the 15 minutes, you actually scale down from the one hour because the one hour helps you see the higher timeframe if there are any big levels that you're missing out on. All right, so Lani, right? Is answering one day chart. That's a little bit too, that's a little bit too big a timeframe, right? Because one day chart, you know, but you know, in a one day chart, you know, each bar that occurs is one day, right? So just by the very fact there's a one day chart, it's already going to be at least day trading or swing trading is unlikely to be a scalping strategy. But yes, most of the time you're going to a five minute chart as a key, as a key chart to use for technical analysis, for scalping, right? Most of our goal is maybe one hour, okay? Just to take a top-down approach. We'll touch a little bit more on that later. So over here, you know, kind of looking at the five minute, five minute all the way to the one hour chart, okay? The next thing that we want to look at, right? Next thing that we want to look at is day trading. Day trading, you also, right? So the definition of day trading is that the trades last anywhere, usually within the day. You don't try to close the trade beyond the day, right? You try to close the trade within the day. That's why it's called day trading, okay? So you usually have a high reliance of technical analysis. Now, you also have a high impact.  High impact, but usually only the high impact news releases. Okay, guys, if you have raised your hands, I can see a couple of you guys are raising your hands, right? Go ahead, Atari, Hanhua and Alex, go ahead and ask your questions, all right? I literally have, oh, do I have Q and A? Direct talk about the marketing. Okay, I'll touch on those later about scalping and stuff, all right? But because we do need to cover some of the topics today, all right, especially fundamental analysis. Okay, now let me move on, okay? Yeah, so the economic news releases will have a lower impact on your trading, okay? Meaning that if it's low, if it's low or medium, it usually has a lower impact on your trading when you're a day trader. However, fundamental analysis would then have a medium, there'll be a medium reliance to it, okay? That means it starts to affect you a little bit more on the momentum for the day. The general momentum for the day, it starts to affect you a little bit more. Then lastly, of course, there's swing trading, right?  One H to four H as a chart, okay? Now, if you are a swing trader, you have a medium reliance, right? Your medium reliance on technical analysis. So you don't need to go in that crazy on technical analysis, right? Yeah, don't go in that crazy on technical analysis, right? Alex, how do you speculate on high volatility? She's asking a question now. So to speculate on high volatility, you need to trade when there's a volatile news event. For example, non-fump payroll. Those news events with a rate dot decided means that there's high volatility. Well, you don't speculate, right? There are two ways to do it, right? First way is actually to guess the result, right? There's a concept called econometrics, right? Where you crunch numbers to determine what the number might be. What is the CPI number? What's the PPI number, right? Because if you can guess with just a marginally higher accuracy than the market, you know, the market tends to go crazy in one direction when the data is released, okay? So usually if you're trading it that way, right? If you want to speculate on high volatility, you need to try to guess in the correct direction of that, okay? Now, of course, for economic news releases, if you're a swing trader, you are generally have lower impact and I'll be showing you in a bit what that means, okay? Lastly, right, for fundamental analysis, you have a higher reliance. You really, really need to know if you're holding a trade for swing traders and even for position traders. So position traders are a bit, ouch, I twisted my ankle. For position traders who are holding the trades for a longer period of time, right? Fundamental analysis is very important. And I'll be showing you a couple of the calls that we made previously. They actually won us our awards, right? And it's a combination of swing trading and fundamental analysis, right? So I need to show you how we can really put it into practice, okay? Now, let me just clear my drawings over here and move on to the next point, next point. So let me show you what I mean by scalping, right? So scalping, yes, you can minimally go out to the one-hour chart. So this is a real scalp, let me just pull out my pen. This is a real scalping opportunity we did with Fibonacci confluence, right? That's a 38% retracement, 100%, right? You know, there's a Fibonacci projection, Fibonacci extension, Fibonacci expansion, all of it lines up over here. We are expecting prices to do a nice little bounce from there, okay? So what happened, right? What happened with that is that price actually went down and it bounced from here. You can see, if I zoom in a bit, it ran down, it touched our entry and it bounced up really nicely, okay? Now this is a scalping trade. You notice that 80.19 to 80.43 to take profit is just about 20 pips. This is a very advanced style of scalping. It's a super-duper profitable style that I have more or less mastered over the years. Heat rate is about 70 to 80%. Risk to reward ratio is usually 1 is to 1.5 to 1 is to 2. I will teach it more to you guys in the upcoming webinars, but yeah, it's one of my very, very profitable strategies. All right, you can see how I just managed to do jumping on the scalp, right? Two really, really quick trades. This is on the 30-minute chart. You get in and out in a really, really tight, quick amount of time, right? Entry was 80.21, take profit was 80.38. Back a very, very big, decent profit. And the stop loss itself is also about 19 pips. So it's a very, very, you know, you're keeping a stop loss and take profit very closely. In this kind of circumstances, this kind of strategy, when you're scalping, you don't need to focus that much on economic news releases. I'd rather you don't need to focus that much on fundamental analysis, right? But you do need to take note of, of this important thing over here, when is the big news event gonna come? Because if there's a big news event, I'm gonna try to stay out of it. Take meal, for example, has a trading view account, all right? If you're on trading view, they actually have this handy little thing. Let me see, I can find it, right? If you're on the chart, you can, let me see. You can actually right click. It could be settings, events, economic events on the card, only future events, okay? Apply to all, okay? So there you go, you know, you can see when are the upcoming economic news events on the chart itself directly? So if you're gonna take a trade, right? Imagine if, let me see what news events are over here. Fat boss takes speech, okay? Let me see if there are any other, news events that are, that might be a high volatility news event. Nah, nah, all right. Let's just do the, you're all of us, okay? Now, so for example, if I know that there's a very, there's a medium, let's just say a medium news, this is orange color, so it's medium, all right? So if I'm taking a trade, right? Let me just draw a vertical line over here, right? So this is, so I know there's a news, big news events that's gonna come over here. And if I'm scalping, right, let's just say I'm looking to trade when price reaches this pullback level, okay? So price reaches this level and I try to take a trade, right? But when price has reached this level, if I notice that it is, I'm about to take a scalping trade, right? A very tight stop loss and a very tight take profit and it actually happens to be right at where the big news event is gonna be, I will stay out of it because I might be right, I might be able to catch this trade, but because of a news event, I might be weaked out and I might be stopped out of the trade over here, okay?  So just to show you what I mean by that, all right? So we are, we're looking at this here. Now, let's go to the one minute chart, okay? Now, who knows what big news event just happened on Friday recently? Yeah, it was a non-fump payroll, guys, right? So, how do I scroll back to, I, oh, you know what? I'm just going to, there's not a good things about here, right? Apply it all, okay, that's cool. Okay, the non-fump payroll news announcement, Sharks, where is it? There you go, this date over here, okay? Non-fump payroll date is, was over here. This was a non-fump payroll, guys. Look at this candle over here, look at this candle. Can we all agree that this is a crazy candle, right? If you were trying to scalp, right? This would have kind of knocked you out quite a bit, right? Because of the volatility of price, okay? But first, we are on a one minute chart, okay? We are on a one minute, we are on a one minute chart. Now, let me, let me tweak this, right? So I drew this circle over here. Now, let me start looking at a 15 minute chart, okay? Now, on the 15 minute chart, can you see this, this same bar that occurred? Can we agree that on the 15 minute chart, it doesn't look that scary? Okay, I'm gonna remove it here, and I'm gonna draw a little arrow to this thing over here. This is the, this is the bar. So this is the non-fump payroll bar on the 15 minute chart. Now, it doesn't look that scary anymore, does it, right? So, and then again, right? Let's go to the one hour chart, right? On the one hour chart, the non-fump payroll, right? I think it was just this bar over here, right? It is looking at it and it looks like any other bar, right? It's not that scary, right?  Economic news releases, right? This volatility of these news events actually affect you a lot less, if you think about it, right? I showed you how it looked like on the one hour chart. It looks like it just looks like any other bar. There's nothing to worry about, right? But if you were on the one minute chart, you were on the five minute chart and you were scalping, man, that bar would have been a scary bar, all right? So that's an important consideration to take note of when you're trading, okay? Now, let me go back to here, okay? So, let me see if I covered, yes, correct, correct. This part, this part, put it out over here, okay? There you go. So this is an important consideration, all right? If you don't have a trading view account, please go get a trading view account, you can get a free one, right? And you can actually just right click settings, right? And then economic news events and chart. You only wanna see the future one to click this, all right? Then you only see the future ones, okay? Now, that is an important thing to take note of. Now, I'm gonna touch on a few. I'm going to dive into, all right? I'm gonna dive into some of the key things to focus on. When it comes to macroeconomic analysis, right? When it comes to macroeconomic analysis, what are things to consider? Okay, these are things that you will notice in the, what's the word for it, in the economic news calendar. And it's gonna affect your trades from a fundamental perspective, okay? The first one is interest rates. Okay, just let me pull out my chat over here so I can see everyone. Okay, remember if you have questions, just send them right through, okay? I literally have another screen open.  So yeah, for interest rate, basically it's the cost of borrowing money, right? So you know, recently the Fed increased the interest rates.  How is this interest rate gonna affect the trading from a fundamental perspective, right? Macroeconomic analysis basically means that macro means that it's big, okay? Macro means, you know, there's a difference between macro and micro. Micro means it's very small, macro means it's very big. So macroeconomic means that looking at the big picture, right, you're looking at a big picture when it comes to analysis, okay? So this is different from technical analysis. Now it's macroeconomic analysis, you're looking at a big picture, okay? So one of the big things to look at, you know, when you're trading with fundamentals, so this is more useful for swing traders, a little bit useful for day traders, okay? Just to give you guys a gauge on how to apply fundamental analysis. First thing to look out for is interest rates, interest rate decisions, right? So interest rate is a cost of borrowing money, you know, whether by individuals, companies or governments, right? So if interest rate increases means it's more expensive, if the interest rate decreases means it's cheaper, okay? Now let's put things into perspective, right? If interest rate goes up, this will result in more savings and less spending as in people, people will save more and spend less because, you know, interest rates is more, you know, it's very expensive to borrow money and this will lead to a decrease in growth, okay? However, if interest rates go down, right? So now it's very cheap, right? Imagine interest rate could go down, interest rate is like almost 0%. It's so cheap to borrow, you know, to borrow money. What are you gonna do?  If more people borrow money, more people are gonna be spending money, right? You can't borrow money and keep it under your pillow, right?  And of course, with this increasing growth, that means of course currency will strengthen, okay? So let's talk about a few things, right? How the interest rate affects tree areas, the currency, the stock market and the commodity market, okay? Now, if there's higher interest rate, okay? If there's higher interest rate, what happens is that... Sorry, let me see my slide suddenly disappeared, right? Okay, higher interest rate tend to attract foreign investments, increasing the demand for and value of the home country's currency, okay? So the currency will strengthen, okay? Now, if the interest rate increases, the stock market will drop and the commodity markets will drop. Okay, I don't wanna dive too much into it because I know someone just, yes, for the whole country. Someone just mentioned that it's 6.13 and I haven't touched on the other very, very important topics because this is only halfway through. I need to really, really touch on a few important topics on how you can apply both technical analysis and fundamental analysis. So I touch on this macroeconomic topics quickly, right? So that you get an idea about it. If you wanna dive a little bit deeper into it, you can ping me separately, okay? The next thing that we of course, we look at is inflation, right? Basically inflation is the increase in the prices of goods and services in the economy, okay? When inflation increases, more money is needed to purchase the same goods and services. You think about it, right?  Sorry, just your RR, it's a message, right? Yeah, I'm glad you find it interesting, right? But yeah, yeah, it's like giving you a different, I try to give you a different spin to fundamental analysis. I don't give you the boring stuff, right? Because a lot of the boring stuff you can find online, right? How to apply to trading is what you want. You're in this webinar for how you're gonna apply to trading, how you're gonna make money, right? Whether you're a scalper day trader or swing trader, that's what I wanna teach you guys, okay? Inflation basically, all right? Put things in perspective. 20 years ago, a Big Mac that you'll go for McDonald's maybe cost $2. Now Big Mac will probably cost about $6. That is the concept of inflation. There are two things that I look for, CPI, which is the consumer price index, and PPI, the producer price index, okay? Now cheat sheet for you to look at, okay? Let me just draw out a, let me just draw it out for you. Oops, here, okay. Yeah, cheat sheet for you to look at if inflation increases, okay? If inflation increases, right? The currency should strengthen, okay? If you are the stocks, right? Stocks should weaken and the commodities, right? The commodity market, right? The commodity should strengthen, okay? This is a cheat sheet for you just to look at, right? Kelvin, the inflation basically means that, you know, yes, I will show you the all three types when it applies to trading. I need to cover this topic pretty fast, right? Kelvin, inflation just basically means that in the cost of living just keeps increasing, right? So, you know, I'm not sure if, you know, maybe your parents in the past said, oh, you know, in the past it was so cheap, you know, a bowl of noodles, right? A bag of rice was so cheap, but now it's so expensive. Prizes of houses in the past were so cheap, but it's so expensive now, right? That is all a fact of inflation, okay? Now, let's move on to the next one, right? Let's move on to the next one, which is growth. Growth, you know, measures the health of an economy, okay? Health are coming through the increase in goods and services produced. Basically, it's just GDP. One of the main things that people measure growth with is this thing, let me just pull up my drawing tool again. Is this main thing that we look at at GDP, okay? Now, growth is, of course, interest rate rise, the price increase is likely, you know, we are an unprecedented times of inflation. Not sure if you can hear my cat meowing away, right? It's a feeding time now, right? Are you guys able to hear that? I'm not sure if you guys can hear that. Yeah, okay, but yeah, my cat and my baby were crying away. All right, I know you guys, GDP, okay? Now, there are a few things that I look for in growth, right? First is the GDP. Second is international trade balance, right? Which is also seen a lot in the economic news releases. It measures the difference between imports and exports. And last one is retail sales, which measures growth through consumer expenditure as used to assess the direction of economy, okay? Now, economic growth is actually the most watched economic indicator because it enables and increase living standards, okay? So when there's economic growth, right? Currency would increase, will improve, okay? Because, you know, all things equal, the revenue of the government does, you know, increases hence the value of the currency, right? If for the stock market, right? It will also improve, right? Growth is good, stock market is good, right? And then, you know, as more companies grow, they require more commodities or the bull, right? And then the commodity market will increase, will improve. So growth, you know, is GDP increases, it usually benefits the entire country. That's the cheat sheet that more or less you guys need to focus on, right? Just gonna touch on really quickly because I realized that we're running out of time. And I want to show you guys some pretty cool tools that we have, right? We should be coming your way, probably in the middle of the month. Last thing is unemployment. Of course, we know unemployment, right? It's a very, very good indication. Nong-Han Paeol is one of the big things that we look at, right? But unemployment is a very, very big important figure to look at from an economic point of view, right? Yeah, from an economic point of view, right? Because unemployment is measured basically, right? By the unemployment rate, which is basically a percentage of the people in the force, in the workforce without jobs, but are able and willing to work. So the last Friday, they just passed, Nong-Han Paeol is one of the key things that people use to measure, okay? So an increase in unemployment would result in a decrease in Nong-Han Paeol. And this usually signals a slowdown in economy. That is why it's such a big thing that people look at. First Friday of the month, everyone just cramps and look at the number, especially the US number, the unemployment figures, right? It is one of the most watched economic news releases ever because it's so important, right? If prices, if there's an increase in unemployment, right? Suddenly people start worrying. They're like, oh man, what's going to happen? Is there, there's so many reasons why there could be an increase in unemployment. But all of it points to basically, if there's an increase in unemployment, the stock market is not going to do well, right? The currency market is not going to do, the currency of the country is not going to do well. And of course, the commodities market is not going to do that well too. Okay, now I do want to touch on a couple of things here, right? I'm going to show you how I applied technical analysis and fundamental analysis together to get really good trading opportunities, okay? So this was a call I did on dollar C and H, okay? So let me just take out my handy dandy pen over here, right? So dollar C and H, this was the one day chart, okay? One day chart means it's a slightly longer term analysis, right? This was the, I'll show you the next three trades that won us the award, okay? So this was a movie of calling, right? So dollar C and H, right? We're looking at this major support area over here. We are calling for the China Yuan to strengthen, right? Very nice descending channel over here, right? Price was just about breaking this level. So we're thinking that price will go all the way down to here, at least for our next quarter, next three to four months, okay? So from a technical analysis point of view, we are expecting prices to continue to drop down, okay? Now, this was my, this was a report that I sent to, this was a live recorded webinar, of course. So this was a report I said, okay? I think it is regardless, is dollar C and H gonna drop? I think it is regardless whether it's a Biden or Trump win. Let me just highlight the couple of parts of you, right? Because China is exchange rate hawks and they insist that the exchange rate, they charge to bilateral, blah, blah, blah, right? PBOC has some more potent stands towards the Yuan appreciation. That means Yuan strengthening their C and H strengthening, right? Take note, as long as there's no further escalation, you know, the Yuan will strengthen, of course, a little bit of bias that dollar's gonna weaken. You know, we can expect to see dollar C and H drop towards a 6.40 level, okay? Now, it seems a little bit hard for you to get a gauge of what I'm just saying, because a fundamental analysis requires you to have a broad, that's why I say macroeconomic analysis, right? You need to have a broad understanding of the countries. Of course, not only countries political, right? But also the economical kind of standings, right? And what happened since then, right? What happened since then is that of course price has, price, this was where we forecasted the vertical dotted line and it dropped all the way to our target in February 2021, right? So that was about October 1995, right? So it's a longer-term trade, like I said, right? It's usually a longer-term trade that plays itself out over time, right? So this is how you can, this is how one way to combine technicals and fundamentals. Notice I did not go crazy with technicals because when it comes to longer-term trades, like I mentioned, swing trading, position trading, a lot bigger emphasis is placed on the fundamentals, right? Less on the technicals, okay? This was my forecast on the SPX, right? So the SPX, right? The same thing I was highlighting over here, right? The same thing I was highlighting over here. What's the link to your fundamental analysis on TickMeal, right? I think I usually covered the technical analysis. I don't cover that much fundamental analysis on TickMeal, but in the VIP room, which I'll be showing you guys soon, I will cover the fundamental analysis every day, okay? So yeah, you know, there was a very, very big support level over here, right? You know, price, there was a couple of Fibonacci levels that we were doing, you know, there was a nice Fibonacci projection. And my forecast was that price would kind of rise to the 3,600 level, okay? So what happened since then? Of course, in this topic, I'm just gonna talk about fundamentals, right? Regardless of a Biden or a Trump win, we expect the stock market to continue to do well, right? Our fundamental bias, right? Is that we should see SPX continue to rise, right? Up to maybe, you know, we're seeing support on three to three four, we should expect to see prices continue to rise regardless of a Biden or Trump. And of course, Biden won that election. How that looks like, how that looks like really quickly, I'm gonna show you guys, is that price, this was our forecast, price to continue to shoot all the way up. Now, really simple, right? But you need to have a good understanding of fundamentals. They need to be able to hold the long game.  So those of you guys who mentioned earlier that you guys are positional traders, right? That is what I need to do. You need to look a little bit at fundamentals.  Thank you very much Richie, right? And I'm gonna show you that you can actually use this on the stock market too, right? This was our forecast on Tesla. Everyone was saying at the time of the election that Tesla was going to go down further, okay? Because it was starting, if you guys remember, Tesla was rising like crazy, right? It was going up, going up like crazy over here, right? But we applied this concept called Elliott Wave. One, two, three, A, B, C, D, E, corrective four wave pattern and potentially shoot up further towards the 600 level. Okay, that was our Elliott Wave analysis with very simple Elliott Wave analysis, right? Triangle pattern, right? Whoever, those of you guys who are into technical analysis and use triangle patterns, triangle patterns usually suggest a continuation, right? Usually happens the way four. I will teach you guys in the upcoming webinars more and more advanced technical analysis, okay? Right, I just wanna encourage you guys that it is very possible to make money with trading, right? You just need to figure it out. In this case, my view on this was that you can see from a fundamental perspective, right? From the fundamental perspective, right? We expect a Biden win, which is a good sign for Tesla and our overarching bullish bias, okay? Then of course, from a technical perspective, you know, Elliott Wave theory, you know, we can see even 600 as a target, right? With both fundamentals and technicals lining up nicely, we made the bold call for Tesla to rise up to 600, you know, which it was at its peak. And of course, from there, what happened, right? What happened is that price of Tesla just shot up to 600 and even went up even further, right? So that is how you combine fundamentals and technicals in this sense over here, okay? Now, there's one place which I want to show you guys when it comes to practicing your analysis, okay? It's a VIP trading room and I'm gonna show you guys in a bit, all right? I've been promising this to you guys. Let me just pause my sharing for a while. Pause sharing. Okay, let me see if I have the screen over here for you guys. Yeah, we've got a VIP take me room over here and I'm going to show you. Okay, can you guys see my screen now? It should be a slightly different screen. Are you guys able to see? All right, cool, okay. So this is the VIP take me room which should be rolling out to you guys, hopefully, middle of this month, maybe next month, right? Pretty soon, right? But we need your feedback on it, okay? So the VIP take me room is where you will get access to me, you will get access to the whole range of take me analysts, right? Patrick Monelli that you guys know, really, really, really, really good trader, right? So what you guys can do over there, right? Is that it's a little bit small so I'm going to zoom in a bit, right? Is that what you can do over here? Is that let's just say you have, you know, you have a dollar yen, okay? We're looking at dollar yen over here, okay? So let's just look at dollar yen and if you were wondering like on the one day chart, okay, not dollar yen, maybe just go dollar cat instead because dollar yen is just going up by crazy, okay? So if you're on dollar cat, right? And you're looking at a chart here and you're thinking, oh man, many, many reactions off here, right? You're going to highlight this area, right? Highlight this area over here and you say, you know, hey, Desmond, right? Do you think this is a potential resistance area to trade from, right? What resistance area are you referring to? You just highlight the tanks. You click this button, link object to tanks, click the chart, the object that you just drew, right? You can see it light up when I hover over it and you send the message through, okay? So when I'm reading your message, right? Of course I can see your little notification up here at the top corner, right? But if I'm reading your message and I hover over what you just wrote, you can see that the chart lights up, okay? So that gives me more perspective. I can click on it and then I can have a dedicated discussion area over here, you know? Yeah, you know, looks very strong, looks very strong, right?  Of course, you notice that we have this thing up here where the more you participate, the higher your rank, you know, rises, right?  So this is what we intend to roll out, right? For TICMU clients to really be there and to help you trade because currently we're doing webinars, right? Webinars, we go to one webinar, you need to wait for one or two weeks before another webinar and then you can, you know, before you can, you can ask me questions, but in this room, every day we'll be sharing, you know, you'll be connected to many, many profitable traders that we have, right? And we'll be sharing with you our analysis, you have a question, you post it, right? And we can answer it for you, okay? Now, of course, so this is, let me just stop sharing over here, right? This is what is coming for you guys, right? And we do need to run a quick little poll if you don't mind, right? How do I share a poll over here, right? Life trading room, right? Yes, okay. We need to know from you guys, how many of you guys would probably think that such a thing is gonna be useful, right? You really think it's not, oh, thank you very much, Kelvin, right? Such a thing is gonna be useful for you guys, right? So that we can get a gauge and we know how soon we can roll it out for you guys, right? Because ultimately we want to help you be a better trader. And if you are a, if you're a person who use technical analysis, you might, I personally feel that you might find it useful, you know, when you're drawing trend lines, when you're drawing Fibonacci, when you're drawing moving, no, no one ever draws a moving average.  And that will help us know, you know, how soon we can expedite it to you guys, all right? Okay, cool, cool, cool. I'm going to just really quickly, let me up here a little bit. Yes, technicals, fundamentals and everything else in between, right? Okay, Olivia, let's not share that with anyone else. Okay, right. Okay, now I'm gonna end poll over here. Okay, end poll, all right? Okay, okay. Yeah, so we have a good, of course, we have a good 100% who says that, I need to save this anyway. We have a good 100% of guys say that you're gonna find it useful, which is great, which is great, right? And the next thing which I'm going to, yes, so the next thing I'm gonna answer Alex's question, right? Is the next poll over here, life account, right? So I'm gonna launch this, right? So we, so, okay, you know, if you were to get access to the live trading room, if we require you to have a live tick me account, would you be okay with it? All right, how many of you guys are okay with it? If you already are tick me account holder, let me know, right? Or if you're not, you know, please let us know too, right? So we can get a rough gauge on whether, you know, this is something which non-tick me account holders would want to get, right? And it really helped us make a decision better because trust me, the world of trading is not easy, right? The world of trading, I went through, I blew up seven of my accounts previously before I became profitable, but what I do want to share with you is that now, you know, I'm a 32 year old guy, right? I'm trading full time, right?  That's the most important thing, if you trade properly. And that's what we want to try to encourage you guys to do, right? Is that, you know, instead of giving you webinars and the analysis that you see on the blog every day, we want to try to take it one level further to try to hold your hand a little bit more to take you on a trading journey, right? So that, you know, you can ask us questions as and when you can, instead of waiting for it one week or two weeks later, okay? Now I'm gonna end poll over here and well, I just, I share really good results from you guys that the, yeah, I think it's a good bunch of you guys, right? Almost the majority of you guys will be okay with it.  But yeah, I think it's just, yeah, it's a $1,000 account should give you access to it. It will be rolling out pretty soon by just finalizing the last bit of details, right? But it's free for you guys, so you guys don't need to pay, right? As long as your TICMU account comes as a super VIP kind of treatment for you guys, right? Yeah. Okay, okay, Richie is awesome to know, man. Yes, yes, and Y-Chai, that was painful for me, but it helped me learn to, you know, learn to trade better, okay? Now guys, of course, I'm just going to, where is my slides over here? Well, where are my slides? Okay, so that's it for me. Well, what I encourage you guys to do, head over to this, you know, TICMU.com education webinars. I'll be covering another webinar in another two weeks. It might be me, it might be Cassandra, right? It might be Cassandra, and I hope that you guys join me. Hopefully by then we have a VIP room to hang out in, right? No worries, Richie, you can come in late, you can jump over, you can jump over from another broker, right? Yeah, of course, we encourage you to jump over from another broker if you want, right? Sorry, yeah, jump over from another broker if you want, right? But yeah, I hope you found this topic useful today, right? Yeah, I hope you found this topic useful today, right? Covering fundamental analysis. Join me two weeks from now. Let me see what, I can see some of you guys asking me what I'll be covering, right? I think you just need to go to client tools, go to webinars, right? And yes, you'll be able to get the videos of the last session. If you go to TickMeal YouTube, right? TickMeal YouTube, oops, wrong channel, right? This one here, you go to playlist and you should have the ultimate forest trading masterclass. Oh, there's only a technical analysis 101 over here, right? So I just share it for you over here. So this is the place, we'll be adding the future playlist into here, right? Still think it's missing the first one. We have another webinar upcoming, yes, over here on 23rd of May, right? And you'll be covering support and resistance, right? So I'll be teaching you guys the correct way, a little bit bold for me to say it, but the correct way to use support and resistance, okay? Using pullback overlaps and swing highs and swing lows, right? Yes, Garry, you will be able to apply that in your trading, especially in day trading, all right? So that is where the juicy stuff begins. We start looking at how we can apply technical analysis. I'll be jumping, hopefully in the VIP room and be showing you how to trade. VIP room ideally is still not confirmed yet, but probably about $1,000 life account TickMeal and you get the VIP treatment from them, all right? That's it for me, you guys, right? I'm just gonna send you the link to you guys here. Please sign up for it, you know, if you haven't signed up for it, right? If you see that I have bigger eye bags to reach from now, you know the reason, right? But otherwise, it has been great having you guys. Thank you for staying throughout the entire webinar, right? Even beyond the one hour, right? It's nice to have you guys, right? To join me on this journey to being a profitable trader, right? You know, learn the right stuff, right? Remember, guys, in trading, you know, it's always as important to learn the right stuff as it is to learn to avoid learning the wrong stuff, okay? Thank you, Irish. Thank you, Elon. Thank you, Richard, right? It has been a great time with you guys. I'll catch you guys in two weeks. Stay safe, trade safe, and peace out, guys. Peace out. Thank you, Olivia. Thank you, Tulani, Wetzel, Kelvin, Mark, nice. Thank you very much, guys. Ideas, ideas and have a good... Yeah, it's a good Monday. That's lost track of time. I have a good trading week ahead, guys, all right? Cheers and peace out, man. Cheers and peace out, guys. Bye-bye.


Hey guys, today we continue with adjusting valves. Alright, so these are the specs. Integh valves 0.0079, we just call it 8000 and then plus minus 16000 and then exhaust is 0.0098, let's call it 10 and then for exhaust we got 0.0098 plus minus 0.0016, so in millimeters it's 0.2 and 0.25. So you're gonna need a 10 mil wrench, flat screwdriver and a set of filler gauges. And here we're gonna be using for the intake 7, 8 and 9, then for exhaust 10, 11. So first make sure you got oil in there, so we're gonna do the exhaust first. So exhaust was 0.0098, okay, so I'm gonna go with an even 10 and we'll make it a tight 10, okay. Make sure that's clean, all you're doing is, oh yeah, one other thing I should notice when install this sprocket in place, well, temporarily, and make sure that we are loose on every single valve, they all gotta be closed, no tension on them and it's gotta be cold. Obviously this engine is cold, so there we go, this one moves but it's only the spring, you will not be able to move the valve springs by rotating the sprockets, so no worries there. So that's it, this is good, alright. So we start by sticking this 0.01 zero gauge between the exhaust rocker and the valve and there, it fits nicely, this one also fits, can actually move this a little bit, so making sure it's back, this seems to open it a little bit, there it fits kinda tight and this is kinda loose, okay. So since the 10 gauge fit, we're gonna go to 11, this does not fit, okay. It does, so this one needs adjustment, well, plus or minus, or is it 0.0016, I could, we'll see if the 12 fits in this first one, but we will adjust it, see this one, it does not fit in here, the 10 was kinda hard to get in there and say, okay, this one fits, so this one I would not adjust, since the 11 does not fit, but the 10 does, this one I'm not gonna touch, but we will adjust on these remaining three. So let's just for giggles, let's check if the 12 fits, it kinda wants to, no, skip this one, and no, okay, so what you do, you're gonna go back to 10, because that's where we want it, right, remember this fit nicely on the 10, it's kinda tight, okay, that's good, so we're gonna loosen up, all of them, I'll notice how this, this is your locking nut and this is your adjusting screw, notice how that's gonna move, okay, actually it a lot of times it does when you're loosening it or tightening it, no, none of them did, okay, cool, anyway, it didn't matter, just wanted to show you, now, since these are loose, now I can turn this, now this is gonna be a very small amount of adjusting, make that fit, see it is kinda loose and now it is not, so I'm gonna make it tight, there, that's one, I'm kinda doing all of them at once just to show you how quickly you can do this, make sure you're, you know, this is obviously, these are angled, you know, towards you, so make sure you're not checking it like this, make sure it's flat as, as you're checking it, you know, by pushing it down right here with my index finger there and then the last one, come on, get in there and that's it, now you wanna put your wrench, 10mm wrench on and then, see, I already moved it, just remember the spot where it was and tighten it a little bit without moving the adjusting screw or bolt, whatever, okay, now we're gonna check again, 10 fits, fits and fits, now back to 11, I suspect 11 might fit on some of these, so first test, nice, doesn't fit, doesn't fit also, I was wrong, last one, nice, perfect, first time, now, where's my torque wrench, these torque down to 7.2, but as you torque these down, there is a chance that the adjusting screw can move on you, okay, so you just check it again, where's 10, so if you're tightening it, it could only make it tighter, so if my 10 fits, then we're good, it's not like a 11 will fit, you know what I mean, we're good, so if a 10 fits, 9 will fit, obviously, but let's just, for giggles, let's check the 11 again, no, this one we checked before, no, no, no, exhaust valve's done, was it 5-10 minutes, I gotta say it's not as easy as this, you know, this time, but you get the idea, sometimes it takes longer, so I'm just gonna do my intake side, same procedure, just a different gauge, now intake are a little bit looser, or sorry, tighter, exhaust are looser because they heat up more, there's more heat, so they expand more, that's why they're a little bit looser when cold, intake will be, I think we're gonna be trying to adjust it, yeah, so on the intake ones, my eighth filler gauge 0.008 will be my go-to gauge, all right, okay, so I'm gonna do the intake side, I'm gonna install this sprocket, and then we're, I'm gonna, obviously the valve cover, the valve cover torques down to these bolts, torque down to 4.7, I'm just gonna do 5 on all of them, you can see I already did this solenoid, the oil sending unit, that's all done, once the timing is done, I'm gonna go on to the intake manifold, all right, see you later, all right, after you're done adjusting, spill some oil here and there on the moving parts, after that, I'm gonna install these spark plug seals, these kind of make a noise once they're down all the way, and now the valve cover, am I remembering everything, springs are loaded, everything's torqued, should be good, guys, all right, so kind of, I did adjust valves, but it was almost the right way, now I thought on many, many engines, you can actually, you know, remove the timing, make sure the, the sprockets are loose, and then all the valves close up, there's no tension on them at all, and then you can adjust valves, they all should be closed all the way for you to be able to adjust them, you know, the right way, it wasn't that in this case, there's still a tiny amount of tension, I mean, tiny on some of these valves, so I got to thinking, I should redo them, you know, what if, so there are two ways, right now I'm doing it this way with the dial gauge, because I don't feel like taking the timing cover off and all that, but if you didn't put this on yet, you can just make sure, you know, put it at TDC for number one, you know, like as you would when putting on the timing belt, so all marks up, and then number one is ready to adjust, meaning all the valves are fully closed, and let me show you something, this is what I did without taking the cover, this is another way, you can just get a dial gauge, hopefully you can see the dial gauge, so I got an extension, dropped, removed the spark lock, dropped an extension down, so it's actually touching the piston, I'm going to set this guy at zero, okay, so that's zero, and I'm going to turn the crank, and watch this needle, so the piston is pushing on the extension, and the extension is pushing on the dial gauge, so either way, see it's moving, now I'm actually, I'm going clockwise on the crank bolt, now I'm going to go, I'm sorry, I was just going counterclockwise, now I'm going clockwise, the needle is coming back, it's going to hit zero, stop, I'm still turning, and it's going back again, so this way you know that the piston is at its top, that center, you see how it's moving, hopefully you can see this, okay, so right now I know it's at TDC, so I know for sure that these are as loose, as close as they get, and these rockers are as loose as they will get, the perfect setup is point zero zero eight, intake is point zero zero nine eight, which is point zero one zero, which is like a just call it a ten and an eight on this, it's the same procedure adjusting valves and all that, but just make sure it's on TDC, so my mistake, now I'm sure I'm going to put something on the screen to watch the video, you know, don't be adjusting these valves like I did, you know, watch the video till the end, anyway, so I gotta, obviously I'm going to readjust these, with the dial gauge, obviously I can switch to number three, set this up, and you know, I can actually see if the exhaust valves are going to be closed or open in here, and just, you know, keep turning until the piston goes all the way up, and all of these, like the exhaust one on this one is loose, this intake one is, but not this one, so this one needs, or you know, piston needs to be adjusted at TDC, but if you're looking at the marks, you know, you got the timing cover still off, all you do is watching the crankshaft, crank sprocket mark, bring it to 180, okay, turn 180 degrees, and then you're at firing order is 1, 3, 2, 4, yeah, so the pistons are 1, 2, 3, 4, you know, top of the engine, 1, 2, 3, 4, that's how they are numbered, and then the firing order is 1, 3, 2, 4, 1, 3, 2, 4, 1, 3, 2, 4, that's how it fires, so the next piston, once you turn it 180 degrees, this guy here, you check number three, then two, then four, and you just keep turning it by 180 degrees, because it takes two turns for the crank to turn the camshaft one time, so two times one time. So I got some work to do. Guys, I'm happy to report that I only had to adjust five valves total, and they were all exactly 1000 of an inch off, which means, remember plus or minus 0.016 is allowable, so they were all within range anyways, so now they're just perfect, so I guess maybe you can adjust the valves the way I did it the first time around. 1000 of an inch off is allowable, therefore it would work. All right, so now I'm confident that this engine is ready to go in.