{"id":724,"date":"2019-08-13T20:33:30","date_gmt":"2019-08-13T11:33:30","guid":{"rendered":"https:\/\/forex-kei.com\/?p=724"},"modified":"2019-11-02T18:38:48","modified_gmt":"2019-11-02T09:38:48","slug":"step-by-step-guide-to-multiple-timeframe-analysis","status":"publish","type":"post","link":"https:\/\/forex-kei.com\/?p=724","title":{"rendered":"Step by step guide to Multiple Timeframe Analysis with running over $20,000 profit!"},"content":{"rendered":"<p>This is the forex analysis I do on every currency pair I trade, and this is exactly how I make profit each time.<\/p>\n<p>If you have ever been fooled by a sudden movement of the price action, this is the video for you.<\/p>\n<p>During the recording, there was a spike, but due to multiple timeframe analysis, I was able to deal with it accordingly.<\/p>\n<p><span style=\"color: #0000ff;\"><strong><a style=\"color: #0000ff;\" href=\"https:\/\/forms.gle\/m6j9yMsf7Qg144iDA\"><span style=\"font-size: 14pt;\">Video Request Form<\/span><\/a><\/strong><\/span><\/p>\n<h2>Watch the Video<\/h2>\n<div class=\"epyt-video-wrapper\"><iframe loading=\"lazy\"  id=\"_ytid_59929\"  width=\"780\" height=\"439\"  data-origwidth=\"780\" data-origheight=\"439\" src=\"https:\/\/www.youtube.com\/embed\/DmVwsuhD130?enablejsapi=1&#038;autoplay=0&#038;cc_load_policy=0&#038;cc_lang_pref=&#038;iv_load_policy=1&#038;loop=0&#038;modestbranding=1&#038;rel=1&#038;fs=1&#038;playsinline=0&#038;autohide=2&#038;theme=dark&#038;color=red&#038;controls=1&#038;\" class=\"__youtube_prefs__  epyt-is-override  no-lazyload\" title=\"YouTube player\"  allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen data-no-lazy=\"1\" data-skipgform_ajax_framebjll=\"\"><\/iframe><\/div>\n<div id=\"panels\" class=\"style-scope ytd-watch-flexy\">\n<div id=\"content\" class=\"style-scope ytd-engagement-panel-section-list-renderer\">\n<div id=\"body\" class=\"style-scope ytd-transcript-renderer\">\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\"><\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<h2 class=\"cues style-scope ytd-transcript-body-renderer\">Gold Monthly Chart Analysis<\/h2>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-734\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/6f6d45c11efe8a752585d6f4d404abb6-1024x559.png\" alt=\"\" width=\"728\" height=\"397\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/6f6d45c11efe8a752585d6f4d404abb6-1024x559.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/6f6d45c11efe8a752585d6f4d404abb6-300x164.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/6f6d45c11efe8a752585d6f4d404abb6-768x419.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/6f6d45c11efe8a752585d6f4d404abb6-728x398.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\">This is the Gold chart on the 5th of August, 2019 and let\u2019s start from Monthly chart.<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\">One thing you need to remember is whenever you try to analyze the chart, always, you know, always start from a big picture and break it down. You know, if you just start your analysis from like 1min or 5min chart, it\u2019s hard because your initial focus becomes too narrow, and it becomes too hard to grasp a big picture. So always have a bird\u2019s eye first and overlook the city, then you break it down to the details of the structures.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<div id=\"body\" class=\"style-scope ytd-transcript-renderer\">\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-735\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/dd3e739527f05029fd316c55aa219423-1024x559.png\" alt=\"\" width=\"728\" height=\"397\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/dd3e739527f05029fd316c55aa219423-1024x559.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/dd3e739527f05029fd316c55aa219423-300x164.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/dd3e739527f05029fd316c55aa219423-768x419.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/dd3e739527f05029fd316c55aa219423-728x397.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<div><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">So this is a Monthly chart and if you look at this, first thing I notice is the current price in this Monthly chart is right within the range. If you draw lines on the recent lowest and recent highest, it\u2019s right in the middle of the two lines.<\/div>\n<\/div>\n<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-736\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/a1a9a05f08ee0eb2180d049312cd7607-1024x557.png\" alt=\"\" width=\"728\" height=\"396\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/a1a9a05f08ee0eb2180d049312cd7607-1024x557.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/a1a9a05f08ee0eb2180d049312cd7607-300x163.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/a1a9a05f08ee0eb2180d049312cd7607-768x418.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/a1a9a05f08ee0eb2180d049312cd7607-728x396.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\">Then what I notice next is that you can see recent lower high here, and the price just broke the recent highest marked twice right here, and it just started the bull trend within the whole big range.<\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">Also, if you look at the technical indicators, the price just broke Ichimoku cloud upwards and it\u2019s on the Bollinger Band\u2019s Deviation 2 and it\u2019s going up. So after the price broke this line upwards and because it\u2019s on the Deviation 2 of Bollinger Bands, that means the price could extend further upwards, because there\u2019s no significant barriers up to the recent highest up to this level, you know, I call this movement \u201cband walk,\u201d because the price walks along the Bollinger Bands between Std Div 1 and 2 and it keeps on going upwards when the trend is strong.<\/div>\n<div><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">So as far as I see this monthly chart, I would say it\u2019s reasonable to place buy. but we don\u2019t buy yet. Remember, this is just a bird\u2019s eye. Alright, let\u2019s break it down to weekly chart next and see what we can find.<\/div>\n<\/div>\n<\/div>\n<h2>Gold Weekly Chart Analysis<\/h2>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-737\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/2758c9c84d474af88a9735e5eba5834d-1024x558.png\" alt=\"\" width=\"728\" height=\"397\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/2758c9c84d474af88a9735e5eba5834d-1024x558.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/2758c9c84d474af88a9735e5eba5834d-300x164.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/2758c9c84d474af88a9735e5eba5834d-768x419.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/2758c9c84d474af88a9735e5eba5834d-728x397.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">This is the weekly chart on Gold and as we saw on the monthly chart earlier, you can see there\u2019s lower high set up here, and after the price broke this resistance line upwards, the price just keeps going up. In this weekly chart, too, the price has been \u201cband-walking\u201d along this Deviation 2 of Bollinger bands, and also the price has broke Ichimoku clouds upwards, so there\u2019s no doubt that the price continues to go up.<\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">So in monthly chart, it\u2019s buy, and in this Weekly chart, too, it\u2019s also a buy.<\/div>\n<\/div>\n<h2>Gold Daily Chart Analysis<\/h2>\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-738\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/ed13bc160a3952faec253b824bbdbd94-1024x554.png\" alt=\"\" width=\"728\" height=\"394\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/ed13bc160a3952faec253b824bbdbd94-1024x554.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/ed13bc160a3952faec253b824bbdbd94-300x162.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/ed13bc160a3952faec253b824bbdbd94-768x416.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/ed13bc160a3952faec253b824bbdbd94-728x394.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\">Ok, here is the Daily chart. As we saw on Monthly and Weekly chart, after the price broke this line right here upwards, on this Daily chart, too, you can see it\u2019s been on a bull trend.<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-739\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/dd75a8618e50952488882be8627def44-1024x557.png\" alt=\"\" width=\"728\" height=\"396\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/dd75a8618e50952488882be8627def44-1024x557.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/dd75a8618e50952488882be8627def44-300x163.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/dd75a8618e50952488882be8627def44-768x418.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/dd75a8618e50952488882be8627def44-728x396.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">The price has been above Ichimoku cloud, and as you can also see that the price was supported couple of times on this 20MA, this pink line, and the price keeps on going upwards. That means when the price comes back down, it might be supported<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\">by this 20MA and keeps going upwards.<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-740\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/6f3f67e068ff8e0defafe3f62ffa7db7-1024x556.png\" alt=\"\" width=\"728\" height=\"395\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/6f3f67e068ff8e0defafe3f62ffa7db7-1024x556.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/6f3f67e068ff8e0defafe3f62ffa7db7-300x163.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/6f3f67e068ff8e0defafe3f62ffa7db7-768x417.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/6f3f67e068ff8e0defafe3f62ffa7db7-728x395.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">And if you look closer, it looks like the price just broke the recent highest, and it\u2019s above Bollinger Band\u2019s deviation 2, meaning the bull trend is still quite strong. So that determines which direction I will be trading, and of course, it\u2019s buy.<\/div>\n<\/div>\n<h2>Gold H1 Chart Analysis<\/h2>\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-741\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/41f96fb78747c4a933f91f4cec2e90e2-1024x556.png\" alt=\"\" width=\"728\" height=\"395\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/41f96fb78747c4a933f91f4cec2e90e2-1024x556.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/41f96fb78747c4a933f91f4cec2e90e2-300x163.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/41f96fb78747c4a933f91f4cec2e90e2-768x417.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/41f96fb78747c4a933f91f4cec2e90e2-728x395.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">Next, we will be seeing H1 time frame, and try to see more precise spot for placing buy with low risk, and high return. Alright, here is the H1 chart as of the 5th of August, 2019.<\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">First thing I notice is that the price broke the recent highest upwards here. And in this H1 chart, too, the price is above the Ichimoku cloud and it keeps going up between standard deviation of 1 and 2 of the Bollinger Bands, so it shows it\u2019s on a strong bull momentum. Also, I can see that the price is supported by this 20MA, the pink line, so even the price goes back down, it might be supported by this MA and it keeps going up. So this is what I mean by having a bird\u2019s eye view, because if you just look at this H1 chart and think it\u2019s buy, you know, there might be a strong resistance line in weekly or monthly, or daily time frame somewhere like here, or maybe in Daily chart, it might show that the current price level is right in the middle of the range and right inside of Ichimoku Cloud, you know, that means the price could go either direction.<\/div>\n<div><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">So if that\u2019s the case, even if it looks like a strong bull trend on H1 chart like this, the price could suddenly spike down and you don\u2019t know the reason why just by looking at this H1 time frame. That\u2019s why whenever I trade in any currency pairs, I look at multiple time frame charts to get my confidence on where exactly the current price is at. I know it takes time to look at a chart like this, but once you master it, you will never be confused of the price action in 1 single time frame, and your trade will be much better.<\/div>\n<h2>How to train yourself to have multiple view analysis<\/h2>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-742\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/758c7b9b82a59e69197f65fbeb6c63fa-1024x570.png\" alt=\"\" width=\"728\" height=\"405\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/758c7b9b82a59e69197f65fbeb6c63fa-1024x570.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/758c7b9b82a59e69197f65fbeb6c63fa-300x167.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/758c7b9b82a59e69197f65fbeb6c63fa-768x428.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/758c7b9b82a59e69197f65fbeb6c63fa-728x406.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\">One of the ways you can train yourself to have a bird\u2019s eye view is you print Monthly, Weekly, Daily chart on 1 specific currency pair, and you align them, and look over those charts. That way, you will have different view on each time frame, and it really helps you to integrate to understand how the market moves with different time frame. Alright, coming back to the chart, speaking of the target, the ultimate target would be the recent highest on Monthly chart as you saw earlier, but it depends on the future price actions. And speaking of stop loss, the reasonable stop loss would be down here, below the recent lowest, but if I put the stop like this place, the risk is too big, right? So in this case, I will break it down to M5 chart and see where the reasonable stop loss can be placed.<\/div>\n<h2>Gold M5 Chart analysis<\/h2>\n<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-743\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/a439a63f0dc47dc4b170453c6b88f59e-1024x573.png\" alt=\"\" width=\"728\" height=\"407\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/a439a63f0dc47dc4b170453c6b88f59e-1024x573.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/a439a63f0dc47dc4b170453c6b88f59e-300x168.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/a439a63f0dc47dc4b170453c6b88f59e-768x430.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/a439a63f0dc47dc4b170453c6b88f59e-728x407.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\">Alright, here is the M5 chart. As you can see, on this M5 chart, too, the Gold market has been on a beautiful bull trend.<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-744\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/be87d33666697484d4a365631026617a-1024x571.png\" alt=\"\" width=\"728\" height=\"406\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/be87d33666697484d4a365631026617a-1024x571.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/be87d33666697484d4a365631026617a-300x167.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/be87d33666697484d4a365631026617a-768x428.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/be87d33666697484d4a365631026617a-728x406.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">And regards to the stop loss, you see there\u2019s a support line here right? which we could not see in H1 time frame. So let me place buy here, hold on.. and I put stop loss right here, below the recent lowest, about 52.8 pips below the current price.<\/div>\n<div><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">Remember, in H1 chart, the stop loss was too far and the risk was too big, but in this M5 chart, you can clearly see where the stop loss should be and it\u2019s closer as you can see that the price was supported on this level. So right now, the stop loss is like 53 pips, but it doesn\u2019t mean I will be holding the position until it hits it. As of now, I am thinking to cut loss when the price goes below this MA, the pink line, or below the cloud.<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-746\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/9795144434222a802cc5e55ba2dd4eef-1024x570.png\" alt=\"\" width=\"728\" height=\"405\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/9795144434222a802cc5e55ba2dd4eef-1024x570.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/9795144434222a802cc5e55ba2dd4eef-300x167.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/9795144434222a802cc5e55ba2dd4eef-768x427.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/9795144434222a802cc5e55ba2dd4eef-728x405.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">But the reason why I place the stop loss is because it\u2019s like a seatbelt, like when I cannot watch the market or when I am at the bathroom, the price could spike suddenly, right?, and I have a big loss. So to prevent from the loss by spikes that can happen anytime, I always make sure to place stop loss. As I talked on the previous video, it\u2019s like a seatbelt that can save my life when accident happens.<\/div>\n<\/div>\n<h2>4 Hours Later..<\/h2>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\">About 4 hours have passed from the previous recording.<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-747\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/b5eab3438d2366a573511829fc4a9f29-1024x570.png\" alt=\"\" width=\"728\" height=\"405\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/b5eab3438d2366a573511829fc4a9f29-1024x570.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/b5eab3438d2366a573511829fc4a9f29-300x167.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/b5eab3438d2366a573511829fc4a9f29-768x428.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/b5eab3438d2366a573511829fc4a9f29-728x405.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">On the screen, I am showing Daily chart, and H1 chart, this is M5 chart. Now, I have running profit of about $15,000, about 70 pips of profit from where I placed buy.<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-748\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/158b36d2b13682bca3e6c97bb55484c9-1024x573.png\" alt=\"\" width=\"728\" height=\"407\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/158b36d2b13682bca3e6c97bb55484c9-1024x573.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/158b36d2b13682bca3e6c97bb55484c9-300x168.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/158b36d2b13682bca3e6c97bb55484c9-768x429.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/158b36d2b13682bca3e6c97bb55484c9-728x407.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">If you look at this M5 chart, the price has been bullish above MA20 right? The pink line. It\u2019s been supported by this MA20 like a couple of times here, so my initial target would be until the price breaks MA20 downwards because that\u2019s one of the signals when the momentum changes. But as long as the price touches MA20 and confirm it\u2019s been supported and it keeps going up, I will keep holding the position.<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-749\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/6c25deeb752ad961131dec0584618817-1024x571.png\" alt=\"\" width=\"728\" height=\"406\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/6c25deeb752ad961131dec0584618817-1024x571.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/6c25deeb752ad961131dec0584618817-300x167.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/6c25deeb752ad961131dec0584618817-768x429.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/6c25deeb752ad961131dec0584618817-728x406.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">Also, if you look at this H1 chart, you can also see the price has been on bullish momentum as it moves between Bollinger Band\u2019s deviation 1 and 2, right? So we can also say that as long as the price moves upwards between these deviations, I will keep extending the profit. Alright, I will let the time go by and see how it\u2019s gonna turn out.<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-750\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/855aeadd470eeaa3500788748220f34b-1024x572.png\" alt=\"\" width=\"728\" height=\"407\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/855aeadd470eeaa3500788748220f34b-1024x572.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/855aeadd470eeaa3500788748220f34b-300x168.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/855aeadd470eeaa3500788748220f34b-768x429.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/855aeadd470eeaa3500788748220f34b-728x407.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">Hi, I just started to record a video again as the price just started to go down. So let me take profit first and explain later.. hold on. alright, it ended up with like $6,000 of profit.<\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">You know, I was a little away from the screen and look how fast it\u2019s going down now. Like I said earlier, I was thinking to take profit when the price touches on this moving average, but oh well, it\u2019s ok, as long as I don\u2019t lose the game.<\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">And looks like the price keeps going down and it\u2019s strong. Wow,, it\u2019s pretty strong\u2026 but my view is still on buy, there\u2019s no reason to sell at this moment, like when there\u2019s a W bottom or triple bottom down here in this M5 chart like this, or when there\u2019s a pin bar appears like this, then I might be buying again. Anyways, I will just let the time go by until there\u2019s any significant price action confirmed.<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-751\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/5142c26e3fc26d1876fd5c1989d8f6d7-1024x574.png\" alt=\"\" width=\"728\" height=\"408\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/5142c26e3fc26d1876fd5c1989d8f6d7-1024x574.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/5142c26e3fc26d1876fd5c1989d8f6d7-300x168.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/5142c26e3fc26d1876fd5c1989d8f6d7-768x430.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/5142c26e3fc26d1876fd5c1989d8f6d7-728x408.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\">Hello again and after a while, look at the H1 chart and see how the price was supported beautifully on the moving average. And, if you just look at M5 chart, I think this is the best timing to buy again\u2026 so hold on, let me place it. And place the stop loss right below the recent lowest.<\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">Alright, let me explain why I bought it again. If you look at the Daily chart first of all, the market it still on bull trend, right?<\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">And in H1 chart, it shows it came down but wick pointing downwards, and it\u2019s been pushing right back after it\u2019s been supported by this MA20. Also, if you look at the M5 chart, you can also see that the price was supported on this line, and there\u2019s a long wick pointing downwards. so I am pretty positive to place buy in this case again. But if the price starts to go down again, then I will just cut loss again. But for now, I just placed buy and see how it\u2019s gonna turn out.<\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<h2 class=\"cues style-scope ytd-transcript-body-renderer\">1 Hour Later&#8230;<\/h2>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\">About 1 hour have passed from the previous recording.<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-752\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/e301921eaf4649e2c16eea8237154321-1024x571.png\" alt=\"\" width=\"728\" height=\"406\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/e301921eaf4649e2c16eea8237154321-1024x571.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/e301921eaf4649e2c16eea8237154321-300x167.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/e301921eaf4649e2c16eea8237154321-768x428.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/e301921eaf4649e2c16eea8237154321-728x406.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">The price has been going up and I have currently running profit of $14,000 now. And I already moved the stop loss slightly above the position so that it becomes either win or break even game.<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-753\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/d7dabffc4218fdbe9abc84601f62d498-1024x571.png\" alt=\"\" width=\"728\" height=\"406\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/d7dabffc4218fdbe9abc84601f62d498-1024x571.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/d7dabffc4218fdbe9abc84601f62d498-300x167.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/d7dabffc4218fdbe9abc84601f62d498-768x428.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/d7dabffc4218fdbe9abc84601f62d498-728x406.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">You know, if you only look at M5 chart and if you see the price spiked down here, usually people got scared and froze and do nothing, or maybe some people just jump in and place sell as soon as they see it\u2019s spiking down, and get their loss cut, you know, I\u2019ve seen so many trades like that.<\/div>\n<div><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">But if you have multiple timeframe set up, one thing that\u2019s important is that you can wait. You can wait and look around how things are. In this case, you will exactly know it\u2019s perfectly supported by this moving average in H1 chart, and in M5, the wick is pointing downwards. So you have better confidence that the price is still wanting to go up.<\/div>\n<h2>Multiple Timeframe Analysis is good for 2 reasons<\/h2>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-754\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/c623be90a43cf9c0edfec6bbd796a0a2-1024x570.png\" alt=\"\" width=\"728\" height=\"405\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/c623be90a43cf9c0edfec6bbd796a0a2-1024x570.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/c623be90a43cf9c0edfec6bbd796a0a2-300x167.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/c623be90a43cf9c0edfec6bbd796a0a2-768x427.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/c623be90a43cf9c0edfec6bbd796a0a2-728x405.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\">So this is basically how I trade every time in any currency pairs. I use multiple time frame to see the chart direction, whether if I should place buy or sell, or wait. Then as I break down the time frame, I try to see where the most precise entry timing can be. And when I find it on M5 chart or M15 chart, then I just place the position accordingly, or I wait until the right timing comes, so that I have the best risk reward ratio in every trade I do.<\/div>\n<div><\/div>\n<div class=\"cue style-scope ytd-transcript-body-renderer\">You know, to be honest, this type of analysis takes time at first because you will have to see all the time frame on 1 currency pair, and after all the analysis, if you find it\u2019s not a good timing to trade, you just decide to wait. Then you will have to open another chart and do the same thing all over again. I\u2019m already used to doing this so it doesn\u2019t take more than 10 min on each currency pair, but why I recommend this type of analysis is because you will not gonna be fooled by the price action of just 1 timeframe. So if you have been trading with just 1 single time frame, try to see Daily chart, H1 chart, and M5 chart at least, and get used to have multiple view point. That way, you will know which direction you should follow, and trade with better confidence in yourself.<\/div>\n<h2>Video Request Form<\/h2>\n<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-755\" src=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/e9307d89ef432d59d97be491362c127f-1024x571.png\" alt=\"\" width=\"728\" height=\"406\" srcset=\"https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/e9307d89ef432d59d97be491362c127f-1024x571.png 1024w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/e9307d89ef432d59d97be491362c127f-300x167.png 300w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/e9307d89ef432d59d97be491362c127f-768x429.png 768w, https:\/\/forex-kei.com\/wp-content\/uploads\/2019\/08\/e9307d89ef432d59d97be491362c127f-728x406.png 728w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/div>\n<div><\/div>\n<div><span style=\"color: #0000ff;\"><strong><a style=\"color: #0000ff;\" href=\"https:\/\/forms.gle\/m6j9yMsf7Qg144iDA\"><span style=\"font-size: 14pt;\">Video Request Form<\/span><\/a><\/strong><\/span><\/div>\n<div><\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div><\/div>\n<\/div>\n<\/div>\n<div class=\"cue-group style-scope ytd-transcript-body-renderer\">\n<div class=\"cues style-scope ytd-transcript-body-renderer\">\n<div class=\"cue style-scope ytd-transcript-body-renderer\">Thank you, Cheers,<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"donation-shelf\" class=\"style-scope ytd-watch-flexy\"><\/div>\n<div><\/div>\n<div id=\"related\" class=\"style-scope ytd-watch-flexy\">\n<div id=\"player-ads\" class=\"style-scope ytd-watch-flexy\">\n<div id=\"companion\" class=\"style-scope ytd-companion-slot-renderer\"><\/div>\n<\/div>\n<div id=\"offer-module\" class=\"style-scope ytd-watch-next-secondary-results-renderer\"><\/div>\n<div id=\"items\" class=\"style-scope ytd-watch-next-secondary-results-renderer\" aria-live=\"polite\">\n<div id=\"head\" class=\"style-scope ytd-compact-autoplay-renderer\"><\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is the forex analysis I do on every currency pair I trade, and this is exactly how I make profit each time. If you have ever been fooled by a sudden movement of the price action, this is the video for you. During the recording, there was a spike, but due to multiple timeframe analysis, I was able to deal with it accordingly. Video Request Form Watch the Video Gold Monthly Chart Analysis This is the Gold chart on the 5th of August, 2019 and let\u2019s start from Monthly chart. One thing you need to remember is whenever you try to analyze the chart, always, you know, always start [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":733,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_expiration-date-status":"saved","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[38,1],"tags":[3,4,9,11,26,44,80],"class_list":["post-724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chart-reading-techniques","category-youtube-videos","tag-forex","tag-forexkei","tag-livetrading","tag-pickup","tag-chartpatterns","tag-gold","tag-xauusd"],"_links":{"self":[{"href":"https:\/\/forex-kei.com\/index.php?rest_route=\/wp\/v2\/posts\/724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forex-kei.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forex-kei.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forex-kei.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forex-kei.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=724"}],"version-history":[{"count":3,"href":"https:\/\/forex-kei.com\/index.php?rest_route=\/wp\/v2\/posts\/724\/revisions"}],"predecessor-version":[{"id":757,"href":"https:\/\/forex-kei.com\/index.php?rest_route=\/wp\/v2\/posts\/724\/revisions\/757"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forex-kei.com\/index.php?rest_route=\/wp\/v2\/media\/733"}],"wp:attachment":[{"href":"https:\/\/forex-kei.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forex-kei.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forex-kei.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}