sRs Trend Rider Weekly Performance Summary 7 Feb 2020

Hi guys, how are you? Vladimir Ribakov here from Traders Academy Club, the creator of the SRS Pro. This video is weekly performance summary and review, 3rd to 7th February 2020. This week was slower than the weeks we had in January. January was really Better than average months. This week was slower, almost no opportunities, and it's one of the things we have as traders to pay attention to is when it's good conditions to trade and when not. And that's exactly what I would like to explain in this video. So the purpose of this video is educational to explain the logic and the steps behind our trades. As always, we pre-analyze the market to choose the instruments we want to work. Quiz, and I would like to explain exactly the reasons standing behind our trades. As always, our trades that we take during the week are available for you in the website srs-trendrider.com. Just check it under the performance. So as you can see, only 2 trades with the SRS Pro, and SRS 2, we had 3 trades. So let's see what And why? So the first one was the euro yen to the buy, and here is basically what's going on with this pair. Let's go to the analysis, euro yen, and let's see where do we stand with that. So the first analysis was we are in triple cycle. We got the first movement to the downside bouncing from the supportive area. We expected to see Second wave to the upside. Dropping to the four-hour chart, we got a cycle completed with a bearish three higher highs, three higher lows, then a bullish divergence to make a reversal. We were expecting two waves to the upside or for some while to ride within the range, and basically that's what we wanted to trade on the short term. And that's where we basically. Received the bullish trending structure by creating the higher highs and higher lows. And then we got the drop down and the ABCD and the breakout. Now here is the thing to pay attention to, because in that place we got also a concern. This is by creating 3 lower highs, 3 lower lows. Why it is a concern? Because if the market does 2 waves correction and breakout, this becomes Move down, three lower highs with three higher highs, three lower lows. Sorry for confusing the words. With two waves correction, ABCD correction and the breakout that if happens basically hints for deeper possibilities of the correction. So the approach here was pretty careful and we were waiting to see if it will develop the two waves. In that case, it didn't. It moves. Straight to the upside, hitting the take profit, then bouncing back. And, uh, basically the second part was closed on breakeven. So what, uh, I want you to pay attention to here, it's very, very simple. Once you got the warning signs, you have to pay attention how the market develops. To fall in love with the position doesn't make sense, okay? There has to be logic. And if the market shows you opposite Signs like I just showed you, right? Three lower highs, three lower lows. It's against your trend. If we got ABCD and breakout, this is a warning sign. In that case, step back. In that case, in this trade, it didn't happen. But we do have to pay attention to that as it develops. Pound yen to the sell. Basically easy decision to sell as per trending structure. That's exactly what I'm talking about. Three lower highs, lower lows, and classical. 2-wave structure, ABCD correction and breakout. Pay attention to the, um, SRS candles on the higher time frames are very bearish, and so do the momentum and the sentiment. That makes it a conservative sell setup. And why the direction is bearish on this pair? The answer is very simple. According to the analysis we had from the daily We are in triple cycle, so we expect 2 waves correction. And in this second leg, as it was developing, the market created trending structure by itself, and that was making lower highs, lower lows, retrace, right? And the hold of this possible ranging condition. So it was holding, false breaking this top, retracing to the downside. That makes it a valid ranging structure. Watching on the 1-hour chart, we got here a false breakout with the bearish divergence. The decision from here is super easy. As you can see, also the 1-hour chart goes and creates the lower highs, lower lows. So it's a very, very easy call to go and to start looking for the sells. In that case, we got a classical setup by the book, making the trending structure. So lower highs, lower lows, 2 waves correction, breakout, and trend continuation. So that's pretty much all the activity. The rest of the pairs, and this is something I want to discuss The SRS filters us the healthy conditions, which means the conditions where the market is synchronized. Okay, as per trending definition, if we can fit the trending structures the way I teach them, right, with the higher highs, with the higher lows, multi-timeframe analysis, if we can fit that in the trending structure that SRS give us, we have a trade. If we don't, we don't. We do not have a trade. We do not force, and that's the most important thing to understand. Some weeks would be very active, like the previous week was super active. Actually, couple of weeks, especially with the yen pairs, right? Some weeks would be very boring, and it is normal. It's okay. And remember, it doesn't matter how smart you are. It doesn't matter how knowledge, how much knowledge you have. It doesn't matter what amazing system you use or strategy in your in your hands and with what tools you equipped. If the market doesn't move and if the trend doesn't synchronize and doesn't give you the clear multi-timeframe lineup situations, if the market doesn't move, it doesn't matter how much you know, you will not be able to make money. So wait for your opportunities. And it's important to remember that because, you know, as traders, especially when you dedicate time during the week All we want is just trade and trade and trade and trade and trade. Wishes is good, reality is a different thing. And the SRS tube delivered us 3 opportunities. Uh, oil was the first one, and the oil also was here with some amazing trending structure. We got 3 lower highs, 3 lower lows, and ABCD correction with trendline breakout. It was an easy sell. There was a concern to pay attention to. This is the three higher highs through higher lows. So if we develop two waves and breakout, this is a step back, right? But if it just move straight forward through, then this is a trend continuation pattern. And watching on the market, what did we have here? Basically. Classical trending structure. No signs against as two false breakouts and higher highs, higher lows on the lower time frame. We're still riding to the downside. We started later on to create the false breakout where right here it was a red bulb and the opportunity to start to join the the buys. But at that moment we got nothing, so it was easy decision. Lower highs, lower lows, um, trending structure both 1-hour chart, 4-hour chart, bearish hidden divergence in play, 15 minutes verifies that. That's pretty much it. It's easy call, and, uh, in that case it also paid off. Uh, next one on the list, uh, was, uh Where is my— here, NZDCHF. The idea here was for also for a sell. The pair moved to the downside, but we attacked it a bit earlier. What did we have with this pair? Developing trending structure by making 3 lower highs, lower lows, and no bullish divergence. So the trend expectations was pretty clear. 4-hour chart was started to build a bearish hidden divergence. No bullish divergence also here at the end. So our view was sell the rallies, um, and it was ABCD correction, not too deep. Uh, maybe that was a bit earlier than it's supposed to be. It hit the stop loss later on. It provided again opportunity, uh, which was in a bigger scale, and now it moves down. So the direction was chosen right, but The timing was wrong, and in that case we paid. And the last one was the Aussie yen sell. So first of all, what did we have on the chart? We classical trending structure without any doubt, right? Bullish trend, and then we started to face two false breakouts. Okay, so what? What is going in that place? Also, the longer-term trend line is breaking. Also, the most recent ABCD is breaking. But mainly, the analysis. If we take a look on the higher time frames, this is where the one-hour chart helps us. We got a special cycle, false breakout, bearish divergence. All that happens, as you can see, with four-hour chart bearish. Hidden divergence, so it was easy expectation to see correction to the downside. Short-term trading, and this was the decision, and this got us paid. So that was our week. Again, not too active, but the the secret in such weeks is always being patient. Wait for the market to deliver and create you the setups. Remember, when you have multi-timeframes lined up in the same direction giving you the same trend read, that's where your chances are. If it doesn't happen, the market simply tells you the flow of the money isn't clear and the market could zigzag. The pairs could go zigzag back and forth. You do not want to Create a setup or force a setup. You want the market to give it to you. If it did, perfecto. If it didn't, part of the game. Waiting for the next one. There is always tomorrow when it comes to the market trading. So that's pretty much it. I would like to remind all those of you on the SRS copy, you're invited to join our SRS dedicated Telegram channel. You have the link to join inside the download page of the SRS. Those of you who do not have the copy, below this video in the description you will find the link to get your copy, including the free option to enjoy it with the broker's program. And keep in mind, when you join, you get access to both SRS Pro and SRS 2. Not one, both. So that's all. If you have any questions about any of the setups or any of the SRS components, Feel free to leave that on the comments. I wish you a happy weekend and thank you very much for your time watching this video.