00:00:03 Matt Concordia

All right.Welcome back to another episode of Profit Playbook. I am Matt and today we arewith a special guest by the name of Mack Gray. Thanks dude so much for beinghere. If you guys don't know, Mack and I are actually good boys, good friends.And so it's it's a it's an absolute pleasure to have you here.

00:00:24 Mack Gray

Yeah, it's anawesome pleasure to be here, man. It's. I haven't done anything like this, soI'm super excited and yeah, Matt and I, we've been friends for a while now. Weactually live in the same building. So if he's not too careful, I might sneakdown there.

00:00:36 Matt Concordia

Yeah, yeah, I'dlove that. That'd be hilarious. We should have just done that instead. Insteadof having two different, two different cameras. But yeah. So I guess, like, agreat way to start off would just be like, tell us kind of like the story of ofhow you got into trading and and where you started and and also how yourstrategy has kind of changed from where it initially began until.

00:00:57 Matt Concordia

Where it is.

00:00:57 Matt Concordia

You know.

00:00:58 Mack Gray

Yeah, no problem.So how I started trading is actually like a really crazy story, just a littleback story I used to play Xbox all the time, years ago. I would play it all thetime. And I had this one buddy I would play with. And then I probably went like,about four years without turning on the Xbox at all. And then out of nowhere, Igot this urge to play Xbox. And when I jumped on.

00:01:19 Mack Gray

My buddy invitedme to an Xbox.

00:01:21 Matt Ray

My party, and inthere we're kind of talking and asking what each other's been up to. And hesaid, oh, I trade 4X. And I'm like, I had no clue what that was. And then sureenough, he's like, here, let me send you some free courses on it and stuff. Andthen from that moment on, I just went full blown. I saw the potential, youknow, I'm sure like a lot of you and a lot of you guys watching this, youopened up the demo account.

00:01:41 Mack Gray

Play some tradesand you're like, Oh my God, I can make this amount of money in this amount oftime. And, you know, it was great because I didn't. I didn't see any of like,the guru stuff. I didn't see any of the people flashing lambos or anything. Ijust saw with my own eyes what I could make on the Metatrader app. And thenfrom there, I just learned it. And I dedicated, you know, the next four yearsof my life.

00:02:00 Mack Gray

To it and andhere I am now. But in terms of strategy, you know, when I first started out, Ithink like most of US support resistance. That's that's what I got into first.And I did find some success with that. And then I stumbled across smart moneyconcepts. And then I traded SMC for about like two years before I even knew whoICT was, which is pretty.

00:02:20 Mack Gray

Crazy. I saw SMC1st and then him and then and met Matt right here and Matt, you know, ICT cameover here.

00:02:27 Mack Gray

I mean with somesoft concepts like fair value apps and stuff that I literally wasn't using atall. It was a pretty basic SMC trader in the sense that, you know, one minutebreak structure, order block like that, no concept of liquidity or anythinglike that. So that helped me a ton. And then I've been trading that kind ofstyle for the last year and a half. And then.

00:02:47 Mack Gray

Recently I havefully switched to.

00:02:49 Mack Gray

Trading and Ilove it. I love it so much because I just wanted to be on the charts less and Iuse the high time frame analysis for everything. So I just figured why don't Ijust enter on these high time from areas instead of waiting for confirmation?And it's been great so far. You know, as a New York trader, one thing that kindof sucks is there's so much news. And with these funding.

00:03:10 Mack Gray

Knowledges andeven trade in my personal account, I don't want to be in a trade at this highimpact. News from an intraday level, so a lot of my trades were missing me.They would the forecast would work out perfectly and then at news it would justdump. And I'm sure you've dealt with this before as well. So cool thing aboutswing trading.

00:03:24 Mack Gray

Now is I don'tcare about that because I got room and.

00:03:27 Mack Gray

Oh man, sorry forrambling on.

00:03:28 Matt Concordia

No, no, I loveit. I love it, man. That's awesome. And it's, it's cool to see the transitionfrom where you started. And like when we met and and then going from there andthen now where you're at, you know it's just so well to see the progression andI find that it's like a common thing to see people going from, you know, tryingto work the lower time frame.

00:03:47 Matt Concordia

Or lowertimeframes to trade and then kind of gravitating to the higher time framebecause it's the more reliable and more, I don't know man, it's easier, itseems it just seems like if you can take a kind of a breath and relax, you'renot like just trying to you know watch every single one minute price movementand and go crazy so.

00:04:03 Matt Concordia

Yeah, man, itit's cool that you did switch to that and it's awesome because again, like,even for, for myself.

00:04:08 Matt Concordia

I mean, I'm.

00:04:08 Matt Concordia

Not trading, youknow, super high time frame, but at the same time I'm also not on the oneminute, you know, like I'm. I'm waiting for nice, you know, 15 minute oneminute or one hour in in five minute. Like those kind of that kind of groupingand and I find it's just it's just I wish I did that.

00:04:23 Matt Concordia

Clear, you knowas.

00:04:24 Mack Gray

Opposed to do I,man, but I think it's cause for myself anyway. You know, I fell. I fell victimto those people on social media that were posting like the one to four.

00:04:32 Mack Gray

Hundreds, and Ithink we all know who those guys are without really saying it, but that youknow, because I saw that and that was kind of worshipped. That's I knew I couldaccomplish that on the M1 not those restore.

00:04:42 Mack Gray

Awards, but no,I.

00:04:43 Matt Concordia

What?

00:04:43 Mack Gray

Know you wereprogrammed in, you know M1 and and it took me a while to to drop it. And ifyou're watching this video and you have a successful, I'm one strategy. That'scompletely fine.

00:04:53 Mack Gray

Like that's howI'm not trying to bash it, but for me personally, I got to the next level in mytrading for sure within this last year.

00:04:59 Mack Gray

From removing itjust me.

00:05:00 Matt Concordia

Personally, no,100% do that. I would. I would. I would a 1000% agree with that and and I wouldsay that if you are struggling with the one minute like just drop it, it's not,it's not necessary and that doesn't mean that you can't do super well with it likeI know guys that are doing incredibly well with one minute in in higher risk toreward trades it's just.

00:05:21 Mack Gray

It ultimatelydepends on on yourself and what your capabilities are and what your you knowstrengths and weaknesses are and like for me.

00:05:29 Matt Concordia

It's verydifficult on the one minute to be constantly there like I need. I would muchprefer to give some time to think about my decisions 1st and like understand aclear invalidation and if it gets there then I'm done and and it's it's set,you know, I'm not like ohh a one minute shift and then I'm back to thinking is,is is it back to you know back in the direction and then you take.

00:05:49 Mack Gray

Multiple losses?Yeah. There's, like, no room for error too. Like when you think about howprecise we're trying to be with price, with those M1 entries like, it is prettywild to think that's why for me personally with swing trading. Now I just feelway more confident my setups.

00:06:03 Mack Gray

Because over thespan of this four years and obsessing over, you know, the markets, I have apretty good understanding of where the market's going to go on the high timefor him. So one of the most frustrating things for me, I'm sure you can relate.

00:06:14 Mack Gray

To this too.

00:06:14 Mack Gray

When you weretrading, the M1 is being right about the high time from direction for thatweek, but then you get stopped out by 510 pips and then the market.

00:06:23 Mack Gray

Those and moves100 pips and your whole weekly analysis was correct, but because we were tryingto get that precise entry, you get swept out intraday and then you're you'resitting there like it's almost like a the fallacy.

00:06:35 Mack Gray

You have all Ilost, but all my analysis is right and I fell into the trap of all my analysisis right and and rather than like. OK, where's the numbers? Like like. That'scool. My analysis is right. But like, I lost this week. You know what I mean?Like, like what can I do to to be better and have the data show that I'm havinga great week rather than, you know, all the analysis.

00:06:55 Mack Gray

Is great because.

00:06:56 Mack Gray

Don't get around.That's amazing having that part. But it it's easy to fall into the trap of.

00:07:00 Mack Gray

Of just kind ofsticking with that as your main driver of if you had a great week and notfocusing on, OK, what I could have done better.

00:07:07 Matt Concordia

You know what Imean? Dude, 1000% it is. It's so funny cause that actually happens all thetime. Where it's like, yeah, my analysis was right. But but my account.

00:07:15 Matt Concordia

Is down and.

00:07:16 Matt Concordia

At the end of theday, what are you trying to do? As a trader? You're not. It's not about beingright or wrong.

00:07:20 Matt Concordia

It's about makingmoney, and if you're not making money like you, you should try and figure outwhy that is.

00:07:25 Matt Concordia

And then adjustto make sure that you are capitalizing on it, because again, it's one thing youcan be an analyst and you can be a killer analyst. And I would say that youknow, just from trading with you and and working with you for like you knowhowever long it's been and being your buddy like we've been through, you knowwe've seen it. You know, whenever live trading together and all.

00:07:45 Matt Concordia

Well, the theissues that we've encountered, you know all the times that we were like, dude,we were right every single time almost. It's just we got stopped out or we justmissed you know the an opportunity here and opportunity there and it's likethem that like that's not it doesn't matter at the end of the day what mattersis if you made money and if you can continue to make money and that we shouldbe focused on regardless of what that entails.

00:08:02 Mack Gray

100%.

00:08:07 Mack Gray

You know, withthat comes having a simple strategy, you know, like I see these people wherethat, you know, they need to solve for XY and Z and and you know the Da VinciCode before they.

00:08:16 Mack Gray

Answer greatwhere you see these.

00:08:17 Mack Gray

Guys, how manytimes do we?

00:08:19 Mack Gray

The people youknow on FTMO payouts or whatever that have the crazy payouts and they've beenthe most consistent. And then when they go show your strategy, you're like,what the heck, it's just this, you know, and that's it's simple at the end ofthe day, you know, and a lot of the time it's high time for and stuff, youknow, so it's it's crazy because the simpler the better in my opinion and andagain just to tie in to how.

00:08:39 Mack Gray

I'm kind oftrading now that's.

00:08:41 Mack Gray

That's what Iwanted. You know, I wanted to be able to sit back. It's here, and for a bitthere, my strategy still worked. Like I didn't switch because it wasn'tworking. I just had a realization that I think I could come to the same resultsor more with less work and be more efficient with my.

00:08:56 Mack Gray

I'm not kind ofwhat led me to how I'm trading now, but more of this little rant here is tryand keep your trading strategy as simple as possible and and if you do havesomething you know where it's a massive checklist, maybe see if you can backtest on this wonderful platform here and refine it to where you don't have 16things to check off. You know there's maybe only a couple of them.

00:09:16 Mack Gray

Even that trait.

00:09:17 Matt Concordia

Yeah, dude. And Ithink there's something really valuable that you just said there and it'sessentially like you, the understanding of the market has to be there and thatin itself is very complex, right? The market in itself is very, very complex.

00:09:30 Matt Concordia

But that doesn'tnecessarily mean that your strategy and the way that you navigate it has to be.Although yes, you should. That's why it takes years, right? Because you spendthe time understanding the complexities, that doesn't necessarily mean your strategyhas to be complex. It can actually be quite simple. And again, a lot of theguys that I know and even for myself now my, my strategy is incredibly easy andit's like.

00:09:50 Matt Concordia

That has been or.That's the case because it's been refined.

00:09:54 Matt Concordia

Overtime andunderstanding that, yeah, like there's a minimum effective dose like like I canI can put in X amount of effort. So say like one hour of effort and get youknow the result of of 10X, right or I can put in two times the effort and getthe same 10X where it's like OK well the the whole purpose should or.

00:10:13 Matt Concordia

The whole goalshould be.

00:10:14 Matt Concordia

To put in aslittle amount of effort as possible, yet getting the same results. That is theI think the ideal scenario right as be as fast as possible.

00:10:23 Mack Gray

I agree to that100% you.

00:10:25 Mack Gray

Nailed that.Yeah, and I.

00:10:25 Mack Gray

Got 100 feet.Head to.

00:10:27 Mack Gray

Head on that.

00:10:27 Matt Concordia

For sure. Yeah,no, absolutely man. And and and being on for me being on.

00:10:30 Matt Concordia

One minute andand the lower time frames can sometimes feel like I'm working extra for for noreason, you know? And so yeah, I I don't know. I think that that's a a greatway to kind of segue into your strategy and and and kind of going through whatwhat do you use as as your plan and and how do you kind of navigate.

00:10:48 Matt Concordia

And and enter.

00:10:50 Matt Concordia

Into position, soI'll if you don't mind, I'll share the screen and and.

00:10:53 Matt Concordia

Maybe we can.

00:10:53 Mack Gray

Dive in. Yeah,sounds good, buddy.

00:10:55 Mack Gray

Awesome. Yeah,so, alright, so this is me here.

00:10:57 Matt Ray

Yes Sir. Alrightguys. So I'm just going to jump to the daily time frame here for a SEC, justwhile I explain kind of my strategy. So am I still on.

00:11:06 Mack Gray

The webcam and.

00:11:07 Mack Gray

Yeah, yeah, yeah,yeah.

00:11:08 Matt Concordia

You're.

00:11:08 Mack Gray

All good, right?So my strategy, now I'm using the high time frame for my bias, so I'm using theweekly time frame and then the daily time frame to kind of dictate where Ithink the market's going to go.

00:11:19 Mack Gray

And then I usethe four hour time frame to end.

00:11:21 Mack Gray

Sure, I am stillplaying between using the four hour and the daily for entries, but I find thefour hour gives me that little bit of extra confirmation and the cool thingabout my strategy now is it's pretty much the exact same as I was using on thelower time frame, just without the confirmation. So before I would look toenter on a high timeframe point of interest. So whether that be a four hour POIor maybe a daily.

00:11:42 Mack Gray

And then I wouldusually wait for confirmation with the 15 minute or the five minute. The oneminute. Now I'm just using that supply or demand zone. That's another thingthat I use to order blocks. Whatever you want to call it.

00:11:53 Mack Gray

I'm just lookingfor key areas that the market clearly pushed from and then I'm looking for themarket to retrace back into that area and I'm looking to long or short based onthe bias. So it's pretty simple because I went from, you know, needing a high timeframe point of interest and a lower time frame break structure than a, youknow, a couple of other variables to now just where is the market.

00:12:13 Mack Gray

Going on theweekly and the daily and then I'm going to use a four hour entry with thatanalysis, right? So I hope that didn't confuse you and I hope that makes sense,but let's just break down a little back testing session that I had here fromthe other day and I want to explain.

00:12:28 Mack Gray

To you, eachtrade here. You know I took a break even here. And then I took a win here. Andthen a win here. So yeah, this trade here I missed because I slept in. And thisis when I was. This is when I was making the.

00:12:39 Mack Gray

Transition so I.

00:12:39 Mack Gray

Wasn't fullycommitted. This happened, I think last week, if I'm not mistaken, but this wasa beautiful trade that I forecasted and it was great to see it.

00:12:48 Mack Gray

Play out anyway,but now I've kind of learned my lesson and and I I'm a New York trader. Right.So it's 3:20 PM for me. So now I notice with swing trades, I'll look at themarket in Asia session and then see if there's any opportunities that I can setup pending on and then London volume comes in and then maybe New York carries.

00:13:05

But.

00:13:06 Mack Gray

Enough ramblingfor myself. I apologize guys. I'm just pumped. I've and done a video like thisbefore, but when I talked about a couple of minutes ago, I was talking aboutsupply and demand zone. So for me you can see we have this order block that Ihave highlighted to the left that was responsible for this big push, right? SoI'm expecting the market to react to rally.

00:13:25 Mack Gray

Out of thisregion again now.

00:13:27 Mack Gray

Is it gonna pushall the way up? Who knows? I'm not in control of that. But all I'm in controlof is what the market does out of the area that I'm looking to enter, right? Sobecause this is a daily order block, I'm now jumping to the four hour time frameto look for a break a structure, and then I'm looking to enter. So right here,this is that daily order block. You can see that we have a strong push.

00:13:48 Mack Gray

Above this highabove these highs, giving us a structure shift that also created an imbalance.And that's another thing I need an imbalance because an imbalance showsaggression. It shows, it shows institutions are getting.

00:14:00 Mack Gray

In there, becausewe as retailers can't make candles like that, I don't know if you know that,but we are so small. Such small fish in this sea. And when you do seeaggressive moves like this, just know it's coming from an institutional levelbecause there's no way as retailers we can do that retail traders sorry, butthis is an area here. This is the the demand zone that I'm.

00:14:20 Mack Gray

And enter inbecause it was responsible for this push to the upside. So it's just aboutusing the fractal nature. You know, I'm I'm bullish on the high time frametemporarily out of this order block and then I'm looking on the four hour frommy entry. This is a trade that I ended up going break even on because this isugly, right? And this is not the momentum we want to see when we're looking forloans, right Matt, not the momentum.

00:14:41 Mack Gray

Do you want tosee? So I ended up going break even on this trade and then all I'm doing iswaiting for the market to shift again. And right here you can see we sweptliquidity here taking out well. I would have been stopped out on the trade andthen we had another break of structure to the upside we come down we haveanother break of structure to the upside so we can clearly see right.

00:14:59 Mack Gray

Now that there isbullish momentum right? And and I'm I like to trade with structure and that'ssomething that I I love trading the higher time frame for that reason becauseI'm trading the high time frame trend, whether that be a pullback or theoverall trend of the market. This entry here I missed on my back testingsession.

00:15:19 Mack Gray

This is what Iwould have loved to get in and right away, but I clearly just Fast forward it alittle bit too quick. But then we had another break above this area here andthen I just mark it executed in this order block.

00:15:31 Mack Gray

Just entering offof these demand zones and you can see this one hit take profit, which wasbeautiful. I'm just going to move these to make it a little.

00:15:38 Mack Gray

Bit more clearfor you.

00:15:40 Mack Gray

This trade, thereason behind this trade guys is because on the daily time frame you can seethat the market pushed down very aggressive from this level, right? This is abig supply zone that was responsible for a big push to the downside now.

00:15:54 Mack Gray

I'm expecting themarket to short out of here now. Could I have had a limit on this? Yes, forsure. But I wanted to see confirmation and that's what I use the four hour timeframe for. So I have this area drawn out like so and then I'm jumping to thefour hour time frame and I'm looking for a four hour breaker structure out ofthis area. And that's exactly what.

00:16:12 Mack Gray

Happens.

00:16:13 Mack Gray

You could haveentered here according to my strategy.

00:16:15 Mack Gray

But I thoughtthis one was way more clear because you can see this is a clearly a nicebearish push out of this supply zone that was already responsible for this bigbearish push, right? So we're just using the fractal nature big, very bearishpush on the daily and then big push on the four hour with that.

00:16:32 Mack Gray

Trend. Then themarket retraces up and I would just set depending.

00:16:35 Mack Gray

On this area.

00:16:36 Mack Gray

And the reason Ilike the four hour time frame is because you have so much time to adjust and somuch time to think because say, I didn't set a pending on this. I could haveeasily just market executed once we started to close like this the candlesbecause candles like this don't represent bullish pressure they represent.

00:16:52 Mack Gray

Fatigue, right,they they represent weakness here. So this is a trade. I'm still in this trade,but the FX replay.

00:16:59 Mack Gray

Data hasn'tcaught up yet, so this will be my target down here at these lows, but I hope Ikind of explained that to the best of my ability guys and it's just about usingthe high time frame direction. So like I said, one more time, the weekly andthe daily and then using the four hour to enter and I'm just using these supplyand demand zones, right? The areas that are.

00:17:18 Mack Gray

Responsible forthe big push.

00:17:20 Mack Gray

It's a super easystrategy and I find it has done me very well so far. I took a beautiful wintoday on AD CAD that I talked about in my day in Life Video. So if you guys arewatching this go check out my YouTube channel and you can see that video onthere. But it was the exact same setup. Beautiful, beautiful trade following.

00:17:41 Mack Gray

Structure on theweekly and the daily and then the four hour entry.

00:17:44 Mack Gray

So that wasbeautiful. And yeah, Matt, I hope that I hope that helps some people.

00:17:49 Matt Concordia

No, that's thatwas perfect, man. Thank you so much for the whole breakdown there. And I justhad some questions going as as you were, you're going along. So just to reallyclarify it, so you you talked about initially starting off by determining biasand and you say hey, like this, this is going to be this position I'm going tobe looking for shorts because of XY and Z.

00:18:06 Matt Concordia

Because my bias.OK so.

00:18:08 Matt Concordia

Do you have aprocess in determining bias?

00:18:11 Matt Concordia

And if so?

00:18:11 Matt Concordia

What? What isthat like? The how, how do you go about doing that and how could?

00:18:14 Mack Gray

Potentiallypeople replicate that. Yeah, no problem. So I'll show you. So it starts for meright away on the weekly time frame.

00:18:20 Mack Gray

That is, that isthe most important time frame for me in terms of my bias. And you know, thecool thing is, even if you're an intraday trader, if you're a day trader, Istill think you should pay attention to what the weekly candle or where we areon the weekly because it's super important because just for for a second, whenwe look to the left on NZD CAD, you can see.

00:18:41 Mack Gray

How nice that ifyou're just trading structure on the weekly time frame, it's very clear themarket is bearish, right? So you're not going to want to be looking for longsup here when we're in a premium of this.

00:18:52 Mack Gray

Like right, youcan see how well it trends, right and over here to the left structure on thehigh time frame is so key because if you aren't aware of where you are and youdon't have that bias on the weekly time frame, you can get caught on the wrongside of the market. And here's a prime example, right, because this area righthere was responsible for this move. And look what happens. The market tradesback up into this.

00:19:15 Mack Gray

Region and thenwe sell off again. And what does the market do? Again, retraces back up in thisregion, sells off again?

00:19:20 Mack Gray

So to answer yourquestion about what I do for bias, it's where are we on the weekly time frame?If we're within this weekly range from here to here, I'm OK looking for longsdown here, but once we get up into premium of the range, once we get up to the highof the range.

00:19:35 Mack Gray

I'm going to.

00:19:35 Mack Gray

Be looking forshorts, but if we break.

00:19:37 Mack Gray

Structure. ThenI'll be looking for.

00:19:41 Mack Gray

Shorts or longsdepending on what bias I have, right? So like. But yeah, man. So it starts outon the weekly time frame. That's why I was looking for longs on the four hourtime frame over here because I was in a discount of this weekly rate.

00:19:56 Mack Gray

Right. So once wegot up here, this is what I mean by paying attention to the high time frame.There were some people here that were looking for longs because they didn'thave the high time frame analysis. They didn't know where we were on the weeklytime for him or you know what, maybe they did and they're sticking to theirtraining plan 100%. But This is why this trade sold from this region.

00:20:15 Mack Gray

Because we werein.

00:20:17 Mack Gray

The structurepoint on the weekly, we were at a weekly supply and we were just following thathigh timeframe order flow.

00:20:22 Matt Concordia

Structure. Yeah,I love that man. I love that. And so on. The higher time frame. Are you? You'reprimarily looking at structure and like premium and discount of of certainranges. And then are you also including like fair value gaps or any otherpoints of interest in that analysis as well?

00:20:39 Mack Gray

Yeah. So the thecriteria for the supply and demand zones that I used to.

00:20:43 Mack Gray

Teran is so.This, for example, is a supply and demand zone. You supply zone. You can callit an order block. I'd just like to go with supply zones or demand zones, butanyway, it's the same concept. So what validates an area like this for me is.

00:20:57 Mack Gray

This area had tohave swept some sort of liquidity, which it did right here. It had to have hada big push that caused an imbalance and it had to have broke some sort ofstructure.

00:21:09 Mack Gray

If it has thatcriteria, it swept liquidity. It causes imbalance and it broke structure. Thatis the criteria to me that OK, this is a valid zone that I want to look toenter a trade on ends that singing that same criteria I use for entries is thesame criteria I use when I'm looking for high time frame interest per points ofinterest in general, right. Like if we look.

00:21:28 Mack Gray

On the daily timeframe here.

00:21:31 Mack Gray

That samecriteria that I said swipe, liquidity, cause and imbalance right here. Nice andbalanced, nice and balance and cause the breaker structure. Then on the on thefour hour time frame, we're looking for the exact same thing, right swipeliquidity caused an imbalance caused to break the structure that I'm looking toenter. So it's it's super, it's super simple because.

00:21:51 Mack Gray

Think of how muchmore slow motion this is real time when you're trading the higher time frames.Now you know I was looking for this exact same criteria on the M1 and I.

00:21:58 Mack Gray

Know you are.

00:21:59 Mack Gray

Too, Matt, it'sit's fast-paced, man.

00:22:02 Mack Gray

Like if you if.

00:22:02 Matt Concordia

For sure.

00:22:03 Mack Gray

You were pickingyour nose, or maybe you sneeze. You're you're you're missing out on thatopportunity. You know what I mean now? I said.

00:22:08 Mack Gray

My nose, as manytimes as I want, and I'm.

00:22:11 Matt Concordia

Good to go. No,exactly. No. It's really cool. It's really cool to see. And I mean, all thefundamentals are there, right? You're you're still trading liquidity. You'restill doing, you know, waiting for premium to short and discount to go long.And those are like the fundamental principles.

00:22:28 Matt Concordia

Right. And it'sjust about finding a process that resonates with your personality and in thelifestyle that you want and and.

00:22:35 Matt Concordia

All that. So no,I really love it. And so essentially like, if I were to summarize, you'd belike, OK, weekly, you're looking at your weekly and daily, let's say you'relooking for your bias. So Yep, and and that's gonna be based off of again thestructure as well as premium and discount and other PD arrays, right, like fairvalue gap and order block or supply demand.

00:22:55 Matt Concordia

And then on thelower time?

00:22:56 Matt Concordia

Name what you'relooking for for an entry which is going to be your 4 hour. You're just going tobe some sort of sweep on liquidity, some breakdown that has inefficiency,right? And then essentially you're just waiting for retracing back up intothat, that block there that the supply or order block or whatever, and thenenter off of that. And do you target?

00:23:17 Matt Concordia

A specific riskreward. Do you target liquidity pools like what is it that you do?

00:23:22 Matt Concordia

For target, yeah.

00:23:23 Mack Gray

So I'll I'lltarget the weak high or the weak low.

00:23:26 Matt Concordia

OK.

00:23:27 Mack Gray

For example, thiswhole leg failed to break higher, so I'd be targeting this area down here, butI have risk management protocols that I started implementing where when I'm up2% I will roll my stop loss to 2%. So I will have a fixed stop loss that I'll rollon to profit when I reach 2% because too many times and I had a 3% target.

00:23:49 Mack Gray

The market wouldcome to 2% and then or sorry, the market would come to 2% then reverse andtake.

00:23:54 Mack Gray

Me a break.

00:23:54 Mack Gray

Even or I'd lose.So just looking for my own.

00:23:56 Mack Gray

Data you know, 2%like who's I always say like, punch me in the face if I'm mad about a.

00:24:01 Mack Gray

2% win.

00:24:02 Mack Gray

On a day you knowwhat I mean. Ohh, so that's what I do and and get. And if it makes it to thefinal TP then that's amazing. But my trade, for example today on AD AUD cat Ihad a 3% target but pre I think it was what was today PMI or.

00:24:17 Matt Concordia

I don't. I can'tremember.

00:24:18 Mack Gray

I can't tell whatnews event it was, but I was up about 2.5 R and I I had a 3R target and I justrolled my stop to to 2%.

00:24:18

No.

00:24:27 Mack Gray

And then youknow, sure enough, news drove price down and and I'm not sure what it's at now,but I don't care because I banked.

00:24:33 Mack Gray

2% and.

00:24:34 Mack Gray

And the way Ilook at it, think of it this way. If you're up a certain percentage and sayyou're.

00:24:39 Mack Gray

Say.

00:24:39 Mack Gray

You're up. Sayyou have a 4% target and you're up 3%, and this is something that I think issuper valuable and you guys should really think about this.

00:24:48 Mack Gray

If you're up 3%and you have a 4% target and you're like, OK, we're at an area that it couldreverse from, ask yourself if it's worth it. If is it worth you losing thatwhole 3% and it coming all the way back for just one more percent?

00:25:00 Mack Gray

I mean, you knowwhat I mean? You have to think about it that way because if you don't manageyour risk accordingly, that one extra percent that you're trying to get, youcould lose that 3% profit that you're already up, right. So that's kind of howI manage my trades now. And it's it's been great because, you know, there'stimes where, yeah, it'll Take Me Out at 2% and then go to my TP. But there'salso.

00:25:22 Mack Gray

More times whereif it does reverse at that 2% level, it's coming back and that's a break evenor.

00:25:27 Mack Gray

A lost rate, no.

00:25:29 Matt Concordia

It's so true,man. And and I think like.

00:25:31 Matt Concordia

I don't know whenthis happened, but it it did seem to be more of like a social media type thingwhere we've just been so infatuated with like these high risk reward trades.Yeah, that like you just and and men when you're in it and you see the numbersfloating it's it's really hard to.

00:25:48 Matt Concordia

Tell your tellyourself otherwise, or convince yourself that that you know there's that youcan just take profit. It like it's OK like you know what I mean? Or you can youcan roll your stops and you can manage it. And so it depends on what your yourplan.

00:25:59 Matt Concordia

This, but I'm ahuge a huge like advocate of just taking your your partials and taking yourlike protecting your your profits when you're at major liquidity pools, whenyou when you're in a main area of interest like.

00:26:14 Matt Concordia

It's just goodto.

00:26:15 Matt Concordia

Just shed offlike even you know you can be incredibly profitable with one.

00:26:19 Matt Concordia

Or like as youras your as your risk reward right, your risk reward so.

00:26:24 Matt Concordia

There's no,there's no need to.

00:26:27 Matt Concordia

You know, tryingto aim for a million R, you protect what you have when it's in, when it's inprofit, you protect what you have and you know, try and milk it. Like if it cankeep running, you keep milking it. And that's what I love. What you do, you dothe rolling stops. And so as things are developing, you can keep rolling, keeprolling and then the times that those The thing is gunning and moving quick, Imean you're you're milking it, you're catching it.

00:26:47 Matt Concordia

A massive portionof it, right?

00:26:49 Mack Gray

Yeah, like I hada trade. I think it was a couple months ago where I just did my rolling stoptechnique and then I ended up banking like 6% on that trade just from rollingstocks.

00:27:00 Matt Concordia

Exactly, andthat's.

00:27:01 Matt Concordia

Cool like 6% is asignificant amount I.

00:27:03 Matt Concordia

Mean.

00:27:03 Matt Concordia

If yeah, ifyou're making that even relatively consistently, that's that's incredible,right?

00:27:08 Mack Gray

For sure. Andthose those instances are rare, but when they happen it's it's nice. You knowwhat I mean? Absent. Yeah. It. I'll be honest. It took me a while to to be OKwith two 2% in the trade because I was so.

00:27:13 Matt Concordia

Wayne.

00:27:21 Mack Gray

Trapped in thatSMC fallacy that you see on social media of the guys who are, you know, doingthe one to 300 thousands, you know.

00:27:30 Mack Gray

What I mean but.

00:27:31 Mack Gray

Yeah, I'm gladthat I broke free of it, but yeah, I'll be honest. It took me a while. It tookme a while to sit there and be.

00:27:37 Mack Gray

Happy with thetwo.

00:27:38 Mack Gray

Percent tradewhich?

00:27:39 Mack Gray

Sounds crazy. Iknow it sounds crazy now, but I'm just being honest with you guys and and it'sit. It's helped me so much more and and another.

00:27:48

Thing.

00:27:49 Mack Gray

One one of mybiggest one of my biggest goals for this year is to increase my win ratebecause I find for me personally I'd rather have a little bit lower riskreward, but a higher win rate, especially with these funded accounts and largercapital, I don't want to be losing, you know, for trades in a row to get thatone crazy R you know.

00:28:05 Matt Concordia

What I meanabsolutely yeah, I know. And and that's honestly like.

00:28:09 Matt Concordia

Especially now,like I've told you, I I've started trading futures and I just passed. Yeah. Thetop step evaluation for the first time. And and it was.

00:28:19 Matt Concordia

Like my mentalitywith that, because the.

00:28:22 Matt Concordia

Because the riskis so low it like it's only 3% right on like for your Max loss and so and it'strailing and so my ideal with that was just like men like let's just takesmaller risk rewards rates, just get a higher win rate and just slowly buildthat up and and and pass and like literally within a week it was passed and itwas 70% win rate.

00:28:42 Matt Concordia

And one one R 1.1R was my average or 1.2 R and it was like.

00:28:47 Matt Concordia

That's fine. Likeagain, the results speak, it doesn't matter about the other. The other stuff isjust ego driven. If my results are speaking loud, then that's all that matters.If I'm getting paid, that's all.

00:28:53 Mack Gray

Yeah.

00:28:58 Mack Gray

That matters.That's all that matters. And I I remember when you were telling me this. Andit's it's great to to see it because I know we were both kind of in that.

00:29:07 Mack Gray

We were both inthat.

00:29:08 Mack Gray

Mindset beforewhere we were.

00:29:09 Mack Gray

Just you know,thinking we needed to to milk this for everything and it's cool to see us kindof go in on our own our own way now and really forgetting, you know, the thesocial media expectations or the cool screenshots that you can have if thetrades are better or are and just focused on like.

00:29:26 Mack Gray

Making money.

00:29:27 Matt Concordia

Exactly.

00:29:27 Mack Gray

Cut into themarket and.

00:29:29 Mack Gray

I don't care ifTimmy's talking crap online because you know he caught a one to 600 that dayand apparently and I caught a, you know, one to two like.

00:29:37 Matt Concordia

Exact.

00:29:37 Matt Concordia

OK and.

00:29:38 Mack Gray

Mine at the end.

00:29:38 Matt Concordia

Of the day, yeah,and and especially now with funding the opportunities with funding it's.

00:29:43

Yeah.

00:29:44 Matt Concordia

You know one totwo on $1,000,000 account like that's a significant a significant amount. Soit's like and and you don't need to, it's not like before where you just hadyour little $100 account and tried to flip it with you know 1020% risk and youknow see how that goes. It's not like that anymore. You don't have to do that.You can you can rely on these these other resources and.

00:30:03 Matt Concordia

And get millionsof dollars of funding and get 1% or 2% a month in in your set. And that'sliterally a one hour trade, a 2 hour trade and you're done. Right. Yep. That's.

00:30:06

No.

00:30:14 Matt Concordia

It every day.

00:30:14 Matt Concordia

Baby 1% betterman, that's it. And then and that's what I would urge, like anyone listening.

00:30:20 Matt Concordia

To do you know isjust try and like take it take base hits, base hits, base hit, base hits andeventually you get home and if you're trying to swing for home runs a lot ofthe time you're gonna you're gonna strike out and you know if you're.

00:30:24 Speaker 3

Yeah.

00:30:31 Matt Concordia

Just going for.

00:30:32 Matt Concordia

Bases, just theythey add up so and this is not man, I love the. I love this strategy. I feellike this is something that's like that people can repeat.

00:30:41 Matt Concordia

It's it'srelatively new uh trader friendly. Obviously you still have.

00:30:48 Matt Concordia

This is it's theconfidence. Like you're confident in this now because you've been in themarkets for so long and and that's something that as simple as it looks. It'scan you pull the trigger when it comes down to it when your setup is there andthat is what takes a long time to.

00:31:01 Matt Concordia

Develop thatconfidence right for sure and and.

00:31:04 Mack Gray

And holding thetrade and.

00:31:05 Matt Concordia

Loading it. Yeah,that's that's a.

00:31:06 Matt Concordia

Message ofitself, right?

00:31:08 Matt Concordia

Yeah, especiallyon this time frame. Like, did you actually, that's actually great that youbring that up. Did you find any kind of resistance in that from being like onthe smaller time frame to then?

00:31:18 Mack Gray

The the onlything I would say at first is I spent a lot of time every like 10 minuteschecking my trade, checking my trade, checking my trade. I'd be at the gym,check my trade, but then, you know, I kind of got over that and I just saidalerts or what you can do is check every hour to see that on the legals or youcan check every four hours to see what the the hour, the four hour.

00:31:38 Mack Gray

Those is like butI got used to it for sure. Yeah, nothing stressed me out more than trading theone time frame if I'm being.

00:31:45 Mack Gray

Honest, so Ifeel.

00:31:46 Mack Gray

Uh.

00:31:47 Mack Gray

I feel good now.You know, I I feel good. But yeah, like you said, like it. This is the thingwith trading, right? Like someone can show you something and it looks very,very easy. But you still have to put the work in. You know, you still have toback. You still have to get your **** kicked in the live market and build that.You know, as Goggins would say, callous, callous your mind.

00:32:08 Mack Gray

And you know, youjust.

00:32:10 Mack Gray

I feel liketrading.

00:32:12 Mack Gray

Numbs you and youjust become numb to.

00:32:14 Mack Gray

It at the yeah,so true.

00:32:16 Mack Gray

Yeah. So yeah,that the one downside, the one downside to swing trading is you have to.

00:32:24 Mack Gray

You have to getover checking your phone all the time, otherwise it can consume you. But thereare so many pros to it that I highly suggest if you're someone and maybe you'restruggling and.

00:32:33 Mack Gray

Today, definitelygive it a try and see because if you don't try it, you'll never know right? Andjust because one way works for your favorite YouTuber doesn't mean you have togo replicate that. You know, test it and find out if it works for you, and ifit does, that's amazing. Now, that's the one thing I love about trading isthere's so many different ways to succeed at it. Right. Like, I've seen peoplewith negative.

00:32:54 Mack Gray

Or are somehow beprofitable?

00:32:56 Mack Gray

You know, as longas they're making money, which is the name of the game, then.

00:32:59 Mack Gray

You can't reallytalk.

00:33:00 Matt Concordia

Crap about it.You know. Exactly. That's it. And yeah, I think it's just about determiningwhat works for you and what your eyes see. You know, each of us see differentthings. Like I might be able to see a fair value gap and and execute on it andfeel confident on that. Whereas someone was like man, I just I.

00:33:16 Matt Concordia

I don't. I don'tsee it. I don't feel like they're working in the and therefore they get noconfidence from that. And at the end of the day, it's really all aboutconfidence. That's what you're doing when you're going through these testingsessions, right? Is is you're you're you're just building up enough data andconfidence in yourself that, hey, when it comes down to it, I can execute onthis. And what I'm seeing is.

00:33:36 Matt Concordia

Is lining up withactual results and I think that's the beauty about with with what we have herewith the fixed replay is like man, you can go through iterations and iterationslike.

00:33:38

No.

00:33:45 Matt Concordia

Like for mepersonally, it's helped me out so so incredibly over the tennis, you know,however long it's been 16 months now since the starting and you know that'sthat's that's the whole goal and.

00:33:56 Mack Gray

Crazy. I'm sorryto interrupt, but.

00:33:59 Mack Gray

I wish we had wesay this all the time, you know, I wish. I wish we had this when we started outbecause it would have helped so much. I would have lost way less.

00:34:10 Mack Gray

If this was.

00:34:11 Mack Gray

Around, but yeah,it's cool that it's around.

00:34:14 Mack Gray

Now you know.

00:34:15 Mack Gray

And it's it'sawesome because it's able to help experience traders like us. It's able to helpnew people as well. So yeah, it's the.

00:34:15

Hmm.

00:34:23 Mack Gray

It's the best.

00:34:24 Mack Gray

Platform handsdown, I want to get FX replay tatted across my forehead.

00:34:29 Matt Concordia

Oh, that'sawesome, man. Well, please go through that, cause you're already. You'rehandsome looking dudes. Are you going to mess that up with that fix replaylogo? But awesome, man. Dude, thank you so much for joining. I don't know ifthere's anything else that you want to add or maybe.

00:34:42 Matt Concordia

You know, let.

00:34:43 Matt Concordia

People know wherethey can find you that would.

00:34:45

Yeah.

00:34:46 Mack Gray

Yeah. First ofall, thanks for having me, but you guys can check out view, Mac Gray underscore. That's my Instagram. You can go subscribe to me on YouTube. Just type inMac Gray and if you are interested in more depth in how I trade, definitelycheck out ARM tradinggroup.com. That'swhere I, you know, teach people and there's video on there where you can seeevery single thing.

00:35:07 Mack Gray

That I teach thetopics a look inside the discord everything so you can justify if you want topull.

00:35:14 Mack Gray

Trigger on thatas I.

00:35:15 Mack Gray

No, you justwatch my free YouTube content. I have a ton of free YouTube content, but I justwanted to plug that in.

00:35:21 Matt Concordia

There for andyeah. No, absolutely. And. And if you guys are curious, we'll leave a couplelinks in the description below. So go and check that out. But macaroni man,thank you so much for being here. Appreciate you so much and excited to.

00:35:35 Matt Concordia

You know,potentially help others.

00:35:37 Matt Concordia

You know, adoptthis, this training style and in practice and and learn from it, and hopefullyyou know, achieve some profitability and consist.

00:35:43

See.

00:35:44 Mack Gray

Yeah, man, Iappreciate you. I appreciate the FX replay team. You guys are absolutelybeauties and thanks for allowing me on here. This is the first time I've everdone.

00:35:51 Mack Gray

Something likethis?

00:35:51 Mack Gray

So thank you.This man, what if you watch this video? Make sure to drop a like comment andsubscribe. Comment How good of.

00:35:57 Mack Gray

How good lookingmad?

00:35:58 Speaker 3

Is I don't knowabout that. I don't know about that.

00:36:01 Mack Gray

Maybe at the endof the video comment, Matt.

00:36:03 Mack Gray

'S good looking.Then we know.

00:36:05 Speaker 3

Ohh God well, Iappreciate it, man. Yeah, yeah, yeah. Get out of here. Alright, dude, I'llcatch you later, man. Appreciate you.

00:36:07 Mack Gray

And once you areconnected.

00:36:13 Mack Gray

Love you. I'llsee you, bud.

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