The CLEANEST trade setup on bitcoin this week (take this one!)

What's good guys, welcome back to another video. I am really happy to announce that for the first time since this entire week, we finally have a clean movement from Bitcoin. And I think today's gonna be the day that we finally get a decent trade out of, you know, this, this entire week, which has been overall incredibly choppy. For the most part, I have stayed out of the markets. It's pretty rare even for my videos to tell you guys straight up that like, yeah, you know, ideally don't trade. Yesterday also ended up being one of those days. But in this video, I'm going to break down the exact trade I'm looking at in terms of Bitcoin. But before we get into it, if you're new here, welcome. My name is Xuan. I've been publicly documenting these success rate of all of these trade calls that I make right here on YouTube every single day on Bitcoin over the last 2 years. And currently I'm at about a 75% win rate across like roughly 250 trades called. Hopefully that gives you a bit of a reason to listen to me because I tend to be right just a tiny bit more compared to when I'm wrong. But now let's get into it. Now taking a look at the weekly bias, I think we are still having a chance to go all the way up to this previous weekly high right here. If it happens though, it's probably going to need to happen today, and that level is going to be at $87,400. Now Just if you recall what I mentioned earlier during this week, like spending time to retest this previous weekly high, which by the way was this weekly liquidity level here that we've been eyeing for over the last, you know, 8 weeks or so. Price actually dipping below in order to kind of retest that level was very much within expectations because here's a bit of alpha for you. Whenever you see a bullish candle close, you typically anticipate the next candle to also be bullish. Okay? Likewise, the flip side of the equation, if you see a bearish candle close, you tend to expect the next candle to be bearish in nature. Now obviously, this is— now this period right here and this period right here is a bit of a choppy period where one week up, one week down, one week up, one week down. This is not the usual type of scenario that I'm talking about. But when the market is trending, when you get a bullish candle close, usually the next candle tends to follow suit. Now understanding this information is just step one. Now step 2 is you need to put in power of 3. Now this concept is known as the power of 3. Don't ask me why it's called that, The power of 3 essentially just means that if you have a bullish bias, for example, it could be weekly, could be daily, could be hourly, as long as you have a bullish bias for this next candle, anytime price actually dips below the candle open is going to give you an opportunity to basically buy low and then potentially sell high later on. This is one of the concepts that I've used over time to just be incredibly consistent in kind of understanding like how the weekly move is going to play out. And so the way this is going to play out, and so the fact that we ended up, you know, kind of retesting this weekly level early on means that it was just setting up for a power of 3. Now, a lot of people would've gotten, you know, very impatient and tried to catch a trade before this actually happened, including myself. Like, I can't just come onto these daily videos and tell you guys, ah, yeah, yeah, let's not trade. Because the reality of it, like, it doesn't really go that well. And I've done this before. Basically, in January to March of this year, the markets were just incredibly choppy. And this was basically close to the bottom of the bear market. Basically, if you just take a look at the price action from, you know, this point here to this point here, you can see that for the majority of the time, it has been incredibly choppy. And what I've had to do during that time is like from February to April straight, I was just like, Yeah, guys, I don't really see it. Like, could be a trade opportunity here. But more than half the time, I was just coming on and saying like, yeah, the responsible thing to do is to just relax and, you know, go for a no trade. Same thing for December to January. And during that entire process, I proceeded to lose like more than half the amount of viewers. People started doubting the system. Oh yeah, you know, you suck as a trader. But I would really love for you to understand that the market kind of ebbs and flows. It's not every single day that you can have a trading opportunity. If you've ever heard of the saying, not every day is a trading day, or like not every week is a trading week, This is a prime example of that. Like, the reality of trading is that you're not going to get a trade every single day. Sometimes you may only get 1 trade a week. Sometimes you get 10 trades a week. It ebbs and flows. There's no such thing as, you know, stability when it comes to trading, or like some, you know, predictability. But that's in regards to the market conditions, right? You can't control that, you know, oh, today the market condition is going to be amazing, so you're going to get, you know, this many trades. But what you can control is you can decide if you are going to do the impulsive action and try to force a trade even though you're not supposed to, or you wait for better market conditions, or you simply wait for your system that actually give you an A+ setup. Like, for example, the way I equate that is I have a list of criteria that I have before I jump into any trade. It's 7 to be specific. When I take any trades, I look for at the very minimum 6 out of 7 of these criteria to be met before I get into a trade. And as long as that number is 5 or below, the default action is simply no trade. Now, this is just one of the many SOPs that I have within my program where every single decision that you could possibly make when you are trading is already predetermined. Basically, okay, if 6 out of 7 are met, then we trade with this much risk. If less than 5, then we do not take a trade. Like, for example, even when it comes to a stop loss, okay, if this, this, and that are met, then we move our stop loss in this way using step 1, 2, 3. Like, regardless of how big or small these trading decisions are, one of the core things that we cover inside the program is that we already pre-decide, right? We predetermine all of the decisions and how these decisions are going to be made. Doing so is going to prevent you from, you know, when you actually get into the trade, you're sitting there like, oh, What should I do here? Price is kind of going against me. Do I move my stop loss? Do I not? I'm losing money. Do I? Yeah, what do I do? And by the way, if you've been trading and you've been very inconsistent, chances are it's because you have not standardized your decision-making process yet. And if you'd like to get our SOPs so that you can start getting consistent results from trading, or maybe you just want to learn the system for yourself, feel free to click the first link in the description box below and book a call with my team. These decision-making SOPs, by the way, has been one of the biggest drivers of like student success for us. We have 45 students that we have worked with seriously before, and out of the 45 students, 31 of them of them are currently funded for at least $100,000. This is like a 70% success rate of people achieving the result that we promised them on, you know, the sales pitch. This is a success rate that's completely unheard of in the industry. And if you'd like to be the next success story, click the link below. We have some secret sauce that works like magic. But anyways, just to get back into the video, now that we have clearer market conditions back, let's find a way to take advantage of some sort of a trade today. Usually when you have a bullish candle close where you have a bullish CISD on a day or on a week where we have anticipated this to Very likely to be the low of the week. Now that price has shown willingness to go towards the upside, the playbook is going to be so simple. It's basically just looking for some sort of a retracement and then going for continuation, especially now that you have a couple of relative equal highs over here. And granted, there is a chance that $87,400 may not be hit today. Now the reason why I say this is because if you take a look at the ATR, the average volatility of every single daily candle that we can reasonably anticipate is at around $2,500. And if you take a look at the low of the week today— oh sorry, the low of the day— we started the day today at $84,000. $85,500, and we have went all the way close to $87,000. So this is roughly like $2,300, $2,200 of movement already, which means chances are daily volatility could already be over. Now, just to give you a very similar example here, we can look at Wednesday, where prior to the New York morning, or rather around the New York morning, we already got volatility, right? We started today at the range lows, and we went all the way up to the range highs and even beyond that. So what ended up happening is that just because we had news coming later during the New York morning, decided not to take any trades because we understood that volatility is already over and that maybe the rest of the day is just going to lead to a reversal, which it eventually did. So I'm not saying that it is impossible for price to continue moving just because a lot of the volatility has already been hit, but I would say that the odds are slightly lower. But doesn't mean that we're not going to look for a trade. Okay, so hourly timeframe right here, bullish order flow is already in place. Now it's just time to hop into the lower timeframes. And the way that I'm going to most likely approach this is in 2 ways. First of all, Let's mark out the Asia high, where eventually price is going to retrace back into the Asia high to kind of retest it and potentially, you know, lead to a move towards the upside. Just to zoom out a little bit to see if we have potentially missed any key levels. Not really. So by the time price retraces into this, you know, order block plus, you know, Asia high, which is which starts from 85,600 going all the way down to 85,200, we're going to want to look for price to form some sort of bullish order flow after this point. Now the way this is going to work is that I want you to visualize right now. That price is currently bearish. And currently this is a bearish order block that price is currently trading back into at the moment. A change in state of delivery happens when a bearish order block gets disrespected. All right, so if price right now trades above this bearish order block, guess what? That's going to start getting flipped into some sort of potential support. So basically, step 1 is to wait for price to hit the key level. Step 2, you wait for a change in state of delivery, because obviously if you're going down into this level, you're going to be bearish to get down there, right? Simply getting to the key level does not give us the permission to just immediately set a limit order and you set a stop loss and kind of set the TP. That's just step one. Again, this is alpha that I'm trying to share with you right here. When you get to a key level, you always need the market to also agree with your idea, or at least show you some sort of evidence that you are correct before you jump in. And that evidence is some sort of willingness to go towards the upside. Now, if I was bearish, for example, just because price comes into a key level doesn't mean I'm just going to set a limit, set a stop, and just kind of set my target, right? I'm going to wait for price to come in and then show me All right, go ahead. That's the ISD. It means that price is not only respecting the key level, but there is also a pool of interested sellers to bring the price down. And at that point, you can jump in and you are going to prevent yourself from getting— like, if you do it this way, you're going to prevent yourself from getting a lot of false trades. You're going to start being able to trade alongside the smart money. But the key thing here is price comes into key level. Let me just kind of go to the 1-hourly timeframe and see if there's any other levels worth paying attention to. Not really. I think the Asia level is probably going to be the best bet here because the You know, the next level is going to be all the way down here on the 1-hourly timeframe, which is, you know, a little bit way too far. Like, it's a little bit too far from where current price currently is. And considering like we are looking to execute a trade sometime between the New York session, it makes sense to only take the levels that are relevant and not, you know, levels that are way too far away. Now, just to take a look at news as well, today we're going to have news at 8:30 AM, which means the ideal trading window for today is going to be between 7:30 AM all the way till 9:30 AM. This is the news window. And basically between 7:30 to 9:30, you're going to look for that retrace. You can look for that CIC. towards the upside, and you're going to take a trade towards the upside at $87,400. Now, in the event price ends up playing out like yesterday, where if you guys recall from yesterday's video, I was basically saying that we are bearish, and we had really good reason to be bearish, by the way. Like, there was a bunch of relative equal lows right there. But as we entered the New York session, and this is like, this is where I'm about to tie together that entire idea of like, once price hits the key level, that is not enough for you to take a trade. You also need the market to give you some sort of validation, some sort of evidence that you are correct. So what do I mean by this? If you take a look at yesterday, we ended up getting that, you know, bullish— sorry, bearish 1-hourly CSD and whatnot. And we had clear reason to believe that the market was going to go towards the downside. However, when we actually entered into the New York session, then you can see this from the way that I've kind of, uh, worded myself here: early in New York, chilling for now, waiting for clear signs of bearishness. That's because prior to the New York session, we were just making higher highs and higher lows. Now, just because you have an idea doesn't mean you just immediately take it. You wait for the market to give you validation. And the truth is yesterday was super bullish, like period. There was just no trade possible. CSD for me that I was looking at was this level right here, right at the very minimum. And I know this would have been a CSD, but the reason why I didn't take it is because yesterday was a non-newsday. If you take a look here yesterday, non-newsday. When you're operating in a non-newsday, the probability of the day tends to be lower, right? And so you compensate for that by looking for more confirmation so that you balance out the you know lower probability environment that you're trading in. Again, just one of the very many little things that I'm unable. Able to always share in these videos just because of like, I can't humanly break down all of the secret sauce and all of the secret alpha in like 15 minutes, even though I try my best to. Every single one of these videos, I'm always trying to educate, but I'm telling you, if you're already seeing success from using the system that I'm sharing every single day here on this channel, you're gonna get way better results if you actually had access to the knowledge of the full system. As much as I try to share on YouTube here, realistically speaking, you're probably getting like 20 to 25% of everything that you actually need to you just get some incredible results trading the system. So again, shameless plug here, but I highly recommend you book a call using the link in the description box below if you want to learn the system properly with our help, where we're going to work with you one-on-one until you are able to implement and execute the system consistently in the live markets. Yeah, just to go back to the trade today, in the event the market just kind of continues being bearish and like not— doesn't really show much of a bullish sign even when we get into that news window, we simply don't trade. Here's the key thing to understand: high-impact red folder news events are gonna maximize the probability that you're going to get a decent clean move in the markets, but it doesn't guarantee that you're going to get a decent clean move in the markets. It just maximizes the chance. If on a normal day you may have like a 40% chance of getting a good trade, on a high-impact red folder news window, right, that chance is going to jump to like 70-80%. But you still cannot guarantee that you're going to get a good trade, that it's going to happen. Understand probability theory and make sure that before you even consider jumping into any trades, you see clear bullish order flow. And as long as you see that, it's good to go. Like heck, if by the time you watch this video price has already done this, you know, kind of CSD and it's already just making higher highs and higher lows, feel free to just jump in at that point. All you need is clear signs of bullish order flow. So our idea today is that, okay, because yesterday closed really bullish and today the overall hourly order flow is really bullish, and the fact that we have a clear key level that we can target, our thesis, right? Our thesis today, price is going to pump during the New York session, especially around the news window. So we just need to look for evidence from the markets where it shows that the market agrees with our thesis. And as long as you see that, jump in, get out, and you're going to have a very pleasant time trading today. If I do get into many trades today, I'm definitely going to be posting them on X. But otherwise, this has been an insanely rough week so far. And let me tell you, it's only up from here. Whenever you run into any bad market conditions, or when you run into like a drawdown period with your system, every single time I run into a bad market condition for my system where overall my trade frequency is a lot lower, my overall win rate is like horrible, and I'm actually actively losing money, the thing I immediately focus on to help me prevent Prevent that from spiraling out of control is just two words: damage control. When you realize that you are in a losing streak or you're in a drawdown or bad market conditions, your job is not to make that money back ASAP. It's how do I get a lot more selective with my trades? How do I minimize further downside so that I can weather this storm until better market conditions come around and I can start making money again? Now this is one of the realizations that I've always had, but during this Wednesday when I had the live trading call with the students inside Bootcamp, what's interesting was quite a few seven-figure traders actually spoke up and we were discussing like, oh yeah, September's been an incredibly rough month. And what did we do in order to— A, what did we do to prevent us from losing a load of money? And B, for example, one of them actually turned a drawdown, right? The first couple of weeks of September were horrible, but he did something to kind of get out of the drawdown ASAP, and now he's going to end the month in the green. Now, I've actually recorded that entire conversation, and it's going to be posted onto the second channel where I'm just posting snippets from these coaching calls that I'm doing with my students and posting like the valuable segments onto the second channel. So feel free to subscribe to that channel if you just want to get some more trading alpha. But otherwise, I'm going to see you guys next week, and hopefully next week is going to be a way better week than this one so far. Ciao, ciao.