0:02
Trading bias. Bias is simply your
0:05
directional expectation.
0:08
Whether you want the market to go up or
0:10
down or you don't know, it's not just a
0:13
guess. Here are some of the importance
0:16
of uh trading with a bias. Trading with
0:19
a bias will help you keep in sync with
0:22
the dominant trend. It helps you filter
0:25
out the bad setups that might go against
0:28
the market. It will help you boost your
0:31
win rate. It will also help you lose on
0:37
because you're now focused. It will give
0:40
you a confidence to wait for your
0:45
Get our UIBT strategy book to master
0:49
this even deeper. The link will be in
0:52
the description. Here
0:54
is how we identify our bias using a VIP
1:00
strategy. We shall be on the British
1:06
and the US dollar on the 1 minute in the
1:10
London session. So first of all we shall
1:15
use the market structure
1:22
and that lower high is giving us our
1:25
first directional bias.
1:31
After there the market forms support
1:36
giving us our pullback
1:40
creating a zone of resistance.
1:48
creating a zone of resistance.
1:52
after creating a zone of resistance we
1:59
or sell off the downside creating
2:03
another zone of support.
2:07
We are creating the market of support.
2:09
The market is pulling back to previous
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zones of resistance and that is giving
2:20
Okay. So after having two
2:26
levels of resistance, we can be able to
2:29
draw our trend line connecting this one
2:38
So from there we love to see some bit of
2:42
momentum kicking in. So we having
2:47
a very big momentum candle breaking
2:50
below the previous support zone that was
2:54
created creating a new lower low to the
2:57
downside. That shows us that the sellers
3:00
are ready to continue
3:03
with the current trend. So on the
3:06
closure of this candle, we shall be able
3:12
our stop loss is going to be above our
3:16
area confluence. Then we shall aim for
3:23
14 pips to the downside.
3:27
So if you're new to the channel, please
3:29
subscribe. always give trading insights
3:33
and uh best trading tips that will help
3:36
you improve in your trading journey.
3:39
Subscribe and uh follow more. So on this
3:43
setup, we shall be risking around $60 to
3:55
If you have enjoyed the video,
3:58
subscribe, give us a like, and comment
4:01
on what video you'd love to see next.
4:05
See you in the next one.
