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These are the user uploaded subtitles that are being translated: 1 00:00:02,750 --> 00:00:06,980 Good morning folks, and welcome to another week of Forex trading. 2 00:00:10,910 --> 00:00:11,120 Okay. 3 00:00:11,120 --> 00:00:16,129 We're looking at the dollar index and this morning we have meme 4 00:00:16,129 --> 00:00:20,990 impact news coming out at eight 30 directly related to cat and dollar 5 00:00:22,250 --> 00:00:24,590 outside of that, we have a layer. 6 00:00:27,009 --> 00:00:29,320 Calendar full of speeches and such. 7 00:00:29,770 --> 00:00:35,019 So we may have just a small little window of opportunity for a study on price 8 00:00:35,019 --> 00:00:36,730 action this morning, relative to the CAD. 9 00:00:38,110 --> 00:00:45,489 We're gonna start with our discussion on the fact that we had this. 10 00:00:45,489 --> 00:00:49,690 Let me go back out a little bit, so you can see, uh, we had the order block 11 00:00:49,690 --> 00:00:52,599 here last up candle prior to the demo. 12 00:00:54,595 --> 00:01:01,975 So we know there was institutional selling in here on this candle right here, and we 13 00:01:01,975 --> 00:01:07,795 still have a liquidity pool resting just above these highs at 98, 55 or 98 60. 14 00:01:09,145 --> 00:01:11,725 And we saw price just Pierce it this morning. 15 00:01:14,990 --> 00:01:16,340 Let me make sure I got my level here. 16 00:01:16,760 --> 00:01:17,690 98, 12. 17 00:01:17,690 --> 00:01:18,080 Okay. 18 00:01:18,680 --> 00:01:22,010 So over here we have the buy stocks. 19 00:01:22,820 --> 00:01:26,810 We mentioned this last week, Holly left the equal highs up here. 20 00:01:27,320 --> 00:01:31,760 Um, we know above the highs is by stops the market peers through that 21 00:01:32,000 --> 00:01:35,480 came back down pierced at one more time again, and we're having some 22 00:01:35,480 --> 00:01:41,490 difficulty around in these four blocks right in here when I'm expecting. 23 00:01:42,360 --> 00:01:45,480 Is one more drive through. 24 00:01:45,539 --> 00:01:49,080 I think this was probably just a retracement going in head of the news. 25 00:01:50,130 --> 00:01:54,090 And I don't know if we'll have a continuation through that and we may 26 00:01:54,090 --> 00:01:59,820 just poke up through it and then come down and trade softer if we do on dollar. 27 00:02:00,390 --> 00:02:04,800 Um, we got to go back out to the daily chart and we're going to have to look 28 00:02:04,800 --> 00:02:10,289 at this down candle because if this is a bull shorter block, And if we're 29 00:02:10,289 --> 00:02:16,620 going to see that 98, 55 98 60 level, uh, this down candle here should offer 30 00:02:17,880 --> 00:02:19,649 support around its mean threshold. 31 00:02:36,484 --> 00:02:36,755 Okay. 32 00:02:36,755 --> 00:02:38,614 So we've got that on their chart now. 33 00:02:43,825 --> 00:02:43,885 Yeah, 34 00:02:52,515 --> 00:02:56,774 you can see, we have a little bit of a distance down in here where we could see 35 00:02:56,774 --> 00:02:59,924 that a 97, 80 level Retraded to today. 36 00:03:00,495 --> 00:03:07,605 Um, Again, if we get the news pushing through, I'm going to be watching 37 00:03:07,605 --> 00:03:09,585 because to me, it looks like CAD. 38 00:03:11,405 --> 00:03:15,365 He's going to want to come down here and close this void in here. 39 00:03:15,965 --> 00:03:17,135 And the way we mark that out, 40 00:03:21,785 --> 00:03:27,215 we had this low and here in the high here in between those two reference points. 41 00:03:29,885 --> 00:03:30,454 That's our boy. 42 00:03:32,700 --> 00:03:40,020 So price has been delivered everywhere in this range from this low to this high, 43 00:03:41,100 --> 00:03:43,680 but it's only offered on the, on the up. 44 00:03:45,400 --> 00:03:46,530 Never came down yet. 45 00:03:46,800 --> 00:03:50,930 No, we've just got to come down through there to be efficient with 46 00:03:50,930 --> 00:03:55,370 that said, um, we have to be monitoring last week and what I'm going to show 47 00:03:55,370 --> 00:03:57,110 you that low here, that's this low. 48 00:03:59,170 --> 00:04:02,590 Just drawing a rule on the 15 minute timeframe we have cell 49 00:04:02,590 --> 00:04:04,090 stops resting just below that. 50 00:04:05,410 --> 00:04:09,700 So what we're looking for, we don't want to see it run directly right from here. 51 00:04:09,700 --> 00:04:09,820 Right? 52 00:04:55,640 --> 00:05:02,810 So we have 1 30, 1 35 and then 1 30, 1 47. 53 00:05:06,440 --> 00:05:10,010 So either one of those two levels, if we run up into that at the release 54 00:05:10,190 --> 00:05:17,909 in about seven minutes, that may be a opportunity to be sellers, to 55 00:05:17,909 --> 00:05:19,469 reach for the self SaaS below here. 56 00:05:20,400 --> 00:05:27,299 Um, if we drive through to 31 40 level, we're gonna be 57 00:05:27,299 --> 00:05:28,500 watching this level up here. 58 00:05:46,625 --> 00:05:48,575 We don't want to see it run for the stops right now. 59 00:05:49,735 --> 00:05:50,465 It's too early. 60 00:05:51,845 --> 00:05:54,725 We want to see it and keep it, keep it intact here. 61 00:05:55,145 --> 00:05:59,255 Make a little run against the down move that we had so far, that would be ideal. 62 00:06:01,215 --> 00:06:02,595 Expect a move lower. 63 00:06:43,360 --> 00:06:46,030 As you can see, there's really nothing on a daily chart offering support. 64 00:06:49,880 --> 00:06:53,360 So we have, we definitely have stops below last. 65 00:06:53,360 --> 00:07:02,480 Friday's low here and below it really nothing over here that gets me to 66 00:07:02,480 --> 00:07:07,790 concern for, uh, hi, add support to me. 67 00:07:07,790 --> 00:07:12,980 If we lose the Friday's low, we could expand down and 68 00:07:13,340 --> 00:07:15,140 try to trade into this boy. 69 00:07:21,370 --> 00:07:24,160 So the initial draw is the stops on Friday's low. 70 00:07:25,510 --> 00:07:31,150 And then we'll see if we get expansion through, on this candle below it, 71 00:07:31,210 --> 00:07:38,240 the 1 30, 70, and then we'd have to look at the lows formed below here. 72 00:07:43,910 --> 00:07:44,090 No. 73 00:07:45,950 --> 00:07:48,920 For the bulls we'd have to get through 74 00:07:52,580 --> 00:07:57,020 32 32 resume only upside. 75 00:07:59,980 --> 00:08:01,210 And it's always a potential. 76 00:08:01,840 --> 00:08:04,330 When we have news coming on eight 30, we can always get an, 77 00:08:04,390 --> 00:08:05,560 uh, New York session reversed. 78 00:08:13,110 --> 00:08:17,910 Pound dollar still finding support at our level. 79 00:08:17,910 --> 00:08:20,910 We identified last week, small little bounce in here. 80 00:08:21,330 --> 00:08:22,110 We're at it again. 81 00:08:22,830 --> 00:08:26,820 Uh, we may end up pushing through a little bit more on the downside 82 00:08:30,450 --> 00:08:32,840 dollar just really is not pretty. 83 00:08:38,414 --> 00:08:40,334 Um, let's see what you're doing. 84 00:08:47,135 --> 00:08:48,045 What's that? 85 00:08:48,064 --> 00:08:51,845 Uh, 1 10 0 5 level today. 86 00:08:52,685 --> 00:08:54,694 1 10, 10, 1 10 0 5 level. 87 00:08:56,345 --> 00:09:00,845 Should it should offer near-term resistance. 88 00:09:00,845 --> 00:09:01,355 If it doesn't. 89 00:09:02,690 --> 00:09:08,620 We're probably going to be moving up into the, by stuff's resting above and 90 00:09:08,620 --> 00:09:09,940 we get this little thing out of the way, 91 00:09:16,980 --> 00:09:19,080 1, 10, 20 to one 10 thirties. 92 00:09:20,130 --> 00:09:21,480 That's where your buying stops are. 93 00:09:22,230 --> 00:09:26,940 So if you see any expansion through 1 10, 10, 1, 10 thirties in the cards, 94 00:09:34,240 --> 00:09:36,699 Small liquidity pool resting around 97 70. 95 00:09:45,430 --> 00:09:47,770 So we have sell stops below the market here. 96 00:09:50,810 --> 00:09:54,199 Reason why I think that it may, may run dollar up on the 97 00:09:54,199 --> 00:09:55,459 news and then collapse it. 98 00:09:56,689 --> 00:10:01,120 Um, It's because they're keeping it so close. 99 00:10:02,050 --> 00:10:04,780 They're keeping really, really close to the highs here. 100 00:10:05,470 --> 00:10:11,500 Now, if we run through it and expand and go beyond 20 pips above the 101 00:10:11,500 --> 00:10:17,020 highest formed here, then we will be willing to allow for a retracement. 102 00:10:17,020 --> 00:10:20,770 And then we could see further upside for dollar, but that would cause 103 00:10:20,770 --> 00:10:22,720 issues for our dollar catch-up. 104 00:10:25,515 --> 00:10:26,415 And that's what we're looking for here. 105 00:10:26,415 --> 00:10:29,175 We're looking for this a little bit of a pushup into these, these levels. 106 00:10:38,540 --> 00:10:38,630 Okay. 107 00:11:01,640 --> 00:11:01,699 Yeah. 108 00:11:31,230 --> 00:11:31,319 Okay. 109 00:11:36,305 --> 00:11:39,155 The only thing we're really studying today is the news release. 110 00:11:39,245 --> 00:11:44,255 At eight 30, we have conflicting technicals across both 111 00:11:44,255 --> 00:11:46,625 sides of the dollar and Kat. 112 00:11:49,085 --> 00:11:53,225 I like the fact that we have a nice London high on dollar cat. 113 00:12:01,755 --> 00:12:04,064 31 33 and right. 114 00:12:04,064 --> 00:12:05,324 So the numbers are releasing. 115 00:13:10,930 --> 00:13:12,209 Watch the 31 49. 116 00:13:15,135 --> 00:13:15,225 Okay. 117 00:13:32,645 --> 00:13:32,824 Yeah. 118 00:13:32,824 --> 00:13:34,745 I see some of you saying you have an issues with code. 119 00:13:35,850 --> 00:13:39,720 Um, it's obviously working for others because they're commenting 120 00:13:39,720 --> 00:13:40,890 on what I'm showing on the chart. 121 00:13:40,890 --> 00:13:42,720 So it might be something on your end. 122 00:13:44,400 --> 00:13:47,160 I know it sounds like I'm displacing responsibility, but it's hard 123 00:13:47,160 --> 00:13:50,760 to, it's hard to argue when other people are actually seeing it. 124 00:13:50,970 --> 00:13:51,600 So I'm not sure what's. 125 00:14:26,380 --> 00:14:26,560 Yeah. 126 00:14:26,590 --> 00:14:27,160 Thank you, David. 127 00:14:28,030 --> 00:14:29,470 Yeah, I'm not sure what's going on. 128 00:14:29,530 --> 00:14:32,200 Some, some may have three people reporting. 129 00:14:32,200 --> 00:14:35,620 They had issues with the webinar or not working. 130 00:14:49,060 --> 00:14:49,300 Yeah. 131 00:14:49,300 --> 00:14:53,229 I noticed that, that I had set up for a Sunday and I 132 00:14:53,239 --> 00:14:54,910 never launched it the webinar. 133 00:14:55,390 --> 00:14:59,489 So I just went with the link just to say. 134 00:15:14,805 --> 00:15:16,125 Um, if you just got here. 135 00:15:16,455 --> 00:15:22,695 No one thing I said was we're looking for the dollar CAD that 136 00:15:22,695 --> 00:15:27,805 want to press down below Friday's low Eliana, London, high in place. 137 00:15:28,590 --> 00:15:33,780 I was looking really rather for a move in 1 30, 1 40, I would have liked to sold 138 00:15:33,780 --> 00:15:35,880 it there, right off the numbers release. 139 00:15:35,939 --> 00:15:36,780 That would have been nice. 140 00:15:37,620 --> 00:15:42,390 Um, but they only gave us one little hit here at the 31 33 level. 141 00:15:42,390 --> 00:15:46,860 We identified off this bear, shorter block, um, small little, small, little 142 00:15:46,860 --> 00:15:48,810 minor move, nothing significant. 143 00:15:49,530 --> 00:15:53,280 Um, and I mentioned that there was nothing, nothing here in terms of 144 00:15:53,280 --> 00:15:55,560 support all the older blocks down here. 145 00:15:55,560 --> 00:15:57,240 If they go back into them, I don't see that. 146 00:15:58,245 --> 00:15:59,984 Institutional support. 147 00:16:00,015 --> 00:16:04,844 I think we'll probably going to run down into those, uh, 1, 1 30 big 148 00:16:04,875 --> 00:16:10,665 figure, maybe go into 1 29, 81, 29 65. 149 00:16:12,165 --> 00:16:13,035 Um, not today. 150 00:16:13,035 --> 00:16:15,314 I'm not saying it's gonna happen today, but it may be what we're going to draw 151 00:16:15,344 --> 00:16:17,834 down into over the course of this week. 152 00:16:18,104 --> 00:16:22,155 Barring anything that would drive price up through the. 153 00:16:25,615 --> 00:16:28,765 Opening on this candle here, which comes in at 32 30. 154 00:16:28,765 --> 00:16:30,325 So we have to get back about 30 to 30. 155 00:16:30,775 --> 00:16:34,465 You know, we have to climb a hundred pips from here and go through that 156 00:16:34,585 --> 00:16:40,585 31, I'm sorry, 32 30 level before I would ever change gears and 157 00:16:40,585 --> 00:16:42,025 get back into buying near term. 158 00:16:42,835 --> 00:16:46,195 So where we're at right now, we're probably gonna want to come down and 159 00:16:46,195 --> 00:16:48,475 close that daily liquidity void in here. 160 00:16:51,260 --> 00:16:53,979 Here between this candle's high, this Campbell's low. 161 00:16:54,339 --> 00:16:56,770 We had just that one candle here offered on the upside. 162 00:16:57,130 --> 00:16:58,630 Nothing on the downside has been given 163 00:17:04,810 --> 00:17:07,359 the fact that we have a Monday and we have all these speeches 164 00:17:07,359 --> 00:17:08,980 still layered into the day. 165 00:17:09,520 --> 00:17:13,480 Um, it really puts a big mute button on, uh, on price action. 166 00:17:13,480 --> 00:17:14,679 It makes it a little bit more difficult to treat. 167 00:17:15,530 --> 00:17:19,739 We still have to study it and watch it and gain experience by seeing 168 00:17:19,739 --> 00:17:21,599 what liquidity runs look like. 169 00:17:21,629 --> 00:17:22,800 Even in these environments, 170 00:17:32,830 --> 00:17:35,500 Deadpool's just for free pre you tubes. 171 00:17:36,370 --> 00:17:37,959 I tried to keep it a little bit more professional in this space. 172 00:17:53,360 --> 00:18:01,730 Uh, discussion about the opening, um, to the high or, uh, the opening to the 173 00:18:01,730 --> 00:18:07,220 low, relative to the bare shorter block and what constitutes a fair value gap. 174 00:18:08,520 --> 00:18:10,890 That will be explained to you in detail. 175 00:18:10,920 --> 00:18:13,410 If I talk about it here, it's just gonna create more questions. 176 00:18:13,950 --> 00:18:16,830 So if you have questions, I've already instructed you just to write them down 177 00:18:17,430 --> 00:18:21,480 and you'll see, 99% of them will be answered as we go through the material. 178 00:18:22,290 --> 00:18:26,340 But when you have questions like that, you need to study it, look into what, 179 00:18:26,400 --> 00:18:29,340 what you see on your own, because that's where the learning takes place. 180 00:18:51,825 --> 00:18:56,565 why am I not considering the bullish order blocked on dollar case? 181 00:18:58,605 --> 00:19:00,075 September 22nd. 182 00:19:20,595 --> 00:19:21,135 This one here. 183 00:19:29,055 --> 00:19:29,685 Hang on one second. 184 00:19:29,685 --> 00:19:31,395 Let me get this thing on the way so I can talk about it. 185 00:19:33,105 --> 00:19:33,525 All right. 186 00:19:34,245 --> 00:19:36,315 September 22nd, this block right here. 187 00:19:36,315 --> 00:19:40,005 Why I'm not terribly excited about that as offering support is 188 00:19:40,005 --> 00:19:42,405 because we've already hit this one. 189 00:19:42,405 --> 00:19:45,735 Once when price ran away from that one, it came back down. 190 00:19:47,104 --> 00:19:48,274 Capitalize that level. 191 00:19:48,844 --> 00:19:51,304 And then it came back down again, one more time, capitalized it. 192 00:19:51,544 --> 00:19:57,215 So if we go down into that level again, my expectation is, is we're not most 193 00:19:57,215 --> 00:20:00,875 likely going to see buying there and they haven't really taken any cell stops out 194 00:20:00,875 --> 00:20:02,465 except for this swing low on a daily. 195 00:20:03,215 --> 00:20:06,185 So I would be more inclined to expect them to come back all the way through 196 00:20:06,185 --> 00:20:11,135 here, clear out this level of stops, and then it frees them the go higher. 197 00:20:11,135 --> 00:20:12,695 If it's going to be, you know, longer longer-term. 198 00:20:13,770 --> 00:20:18,570 Movement the fact that we've already hit the order block there, here and 199 00:20:18,570 --> 00:20:22,710 here on the basis of the daily chart, it's consumed a lot of those orders. 200 00:20:25,590 --> 00:20:31,920 So while it could still do it, I wouldn't elect a trade there simply on 201 00:20:31,920 --> 00:20:35,610 the basis of the day, it's been there twice already on a hard timeframe chart. 202 00:20:42,720 --> 00:20:43,170 Yes. 203 00:20:43,200 --> 00:20:49,350 Imagine, um, imagine every order block, whether it be bullish or bearish, 204 00:20:49,360 --> 00:20:56,460 imagine each one of these candles holding a number of buy or sell orders. 205 00:20:56,460 --> 00:20:59,460 In other words, if it's a bare shorter block, it's the last up candle right 206 00:20:59,460 --> 00:21:07,530 before it down move, uh, consider that candle holding a reserve of sell orders. 207 00:21:09,210 --> 00:21:11,520 And if the market's going to rally like it did here. 208 00:21:12,450 --> 00:21:16,050 Obviously there was enough buying in this candle to allow them to let 209 00:21:16,050 --> 00:21:21,060 price go higher, but they couldn't get all of their buys on because there 210 00:21:21,060 --> 00:21:23,190 wasn't that much time spent there. 211 00:21:24,240 --> 00:21:27,750 So when price runs up, they wait for it to come back down again 212 00:21:27,780 --> 00:21:29,340 and then they buy it again here. 213 00:21:29,340 --> 00:21:32,370 What orders they couldn't get on the first time they'll buy here. 214 00:21:32,370 --> 00:21:36,030 That's the reason why the first return to a bullish or bearish order block 215 00:21:36,060 --> 00:21:37,620 is always the most high problem. 216 00:21:38,685 --> 00:21:42,255 Because you know that there's going to be a willingness to see it move. 217 00:21:42,285 --> 00:21:46,005 Even if it bounces 30, 40 pips, that's all it's necessary for us to get paid. 218 00:21:47,385 --> 00:21:51,675 But every time we go back into that level, less orders will be there because they'll, 219 00:21:51,765 --> 00:21:56,205 there'll be able to capitalize on that fact of it being returning back into that 220 00:21:56,205 --> 00:21:57,975 same carrier, which they bought before. 221 00:21:58,485 --> 00:22:00,315 And then it price came back down to it one more time. 222 00:22:00,315 --> 00:22:01,575 And then finally look what happens. 223 00:22:01,575 --> 00:22:04,095 It releases and clears another high. 224 00:22:04,365 --> 00:22:06,495 So why would it need to come all the way back down to that low. 225 00:22:09,630 --> 00:22:11,790 If it's going to be higher, if it's going to be moving higher. 226 00:22:11,790 --> 00:22:15,810 My point is if it's bought, if they bought rather around 30 to 70 is 227 00:22:15,810 --> 00:22:18,840 their average price or thirty, thirty, eighty, if it let's call it like that. 228 00:22:19,590 --> 00:22:23,160 So if they're buying a 30 80 here and they bought 30 80 here again, and they've 229 00:22:23,160 --> 00:22:29,730 already broken a high off the first return here, why would they, why would 230 00:22:29,730 --> 00:22:30,900 they need to go back down there again? 231 00:22:31,200 --> 00:22:32,310 They shouldn't need it. 232 00:22:33,510 --> 00:22:33,990 Does that make sense? 233 00:22:43,245 --> 00:22:44,534 For it to go back down into that. 234 00:22:44,565 --> 00:22:47,835 What a block on a daily chart over here would not be good. 235 00:22:48,345 --> 00:22:49,125 This is for that way. 236 00:22:49,784 --> 00:22:52,514 I know is I don't see that as high probability by cause we've 237 00:22:52,514 --> 00:22:53,655 already been there several times. 238 00:23:14,720 --> 00:23:14,990 Okay. 239 00:23:14,990 --> 00:23:15,800 And we said, we'd go. 240 00:23:15,800 --> 00:23:19,490 If we go through 31 40, we got to watch these lows in here. 241 00:23:30,625 --> 00:23:32,845 Now the question is, and I haven't seen it yet, but I'm sure. 242 00:23:32,845 --> 00:23:37,375 You're probably wondering if this was a trade day where 243 00:23:37,375 --> 00:23:38,455 we would have taken a trade. 244 00:23:39,265 --> 00:23:48,145 Would we have sold it at 31 40 or would we have sold it at, uh, uh, 31 33? 245 00:23:49,555 --> 00:23:51,895 The ideal scenario would have been at the numbers. 246 00:23:54,100 --> 00:23:54,340 Okay. 247 00:23:54,340 --> 00:24:01,110 At the numbers release, if it would have shot up into 31 40 without making any more 248 00:24:01,110 --> 00:24:06,360 movement, lower, that's the ideal scenario for it to run down and hit the cell stops. 249 00:24:06,389 --> 00:24:08,190 That's that's the ideal scenario. 250 00:24:09,270 --> 00:24:12,840 The fact that we pressed lower initially reacted to numbers release. 251 00:24:13,440 --> 00:24:14,610 That's not what you want to see. 252 00:24:15,420 --> 00:24:19,350 And the more time it takes before it starts to go, uh, hi. 253 00:24:20,280 --> 00:24:23,070 The less likely it is for it to go lower on the day. 254 00:24:25,280 --> 00:24:35,240 So if we, if we can hold price at bay at 31 48 or 31 50, will we have 255 00:24:35,240 --> 00:24:38,270 closed in this small little liquidity void in here, and it's not too much 256 00:24:38,270 --> 00:24:42,050 of a void because we have this candle here in this candle here trading. 257 00:24:42,050 --> 00:24:48,340 So we only had a small little exposed area of, well, in 258 00:24:48,340 --> 00:24:49,210 reality, it's only been there. 259 00:24:50,055 --> 00:24:52,875 Because we have this candle here and this Kayla here, so we have 260 00:24:52,885 --> 00:24:55,185 small little piece right in the air. 261 00:24:55,185 --> 00:24:58,215 So we, maybe you just gunning for 31 50. 262 00:24:59,865 --> 00:25:01,845 So that's watch the response at 31 50. 263 00:25:03,165 --> 00:25:10,274 If we get it at all, I just don't see anything over here that 264 00:25:10,274 --> 00:25:14,805 gets me, uh, to, to an anxious about seeing support for them. 265 00:25:17,784 --> 00:25:18,565 Dollar's still stuck. 266 00:25:33,960 --> 00:25:35,040 Five are still sleeping. 267 00:25:48,720 --> 00:25:52,170 Uh, Stevia that is not germane to today's discussion, but I'm glad you 268 00:25:52,170 --> 00:25:55,500 spoke up because I was, I was trying to reach out to you, see if you would 269 00:25:55,500 --> 00:25:57,899 be willing to have a panel session. 270 00:25:58,620 --> 00:26:02,879 Um, I'm not trying to have a lot of these, but, uh, you're like the oldest 271 00:26:02,879 --> 00:26:05,550 student of mine from back in the nineties. 272 00:26:06,540 --> 00:26:09,139 And there's been interest, not just recently, but there's always been 273 00:26:09,160 --> 00:26:13,020 interest from folks that want to know, you know, what it was like. 274 00:26:16,280 --> 00:26:20,600 So, if you are ever, uh, if you have time, you know, I would love to be able 275 00:26:20,600 --> 00:26:25,010 to, you know, have a short conversation with you in regards to contracting 276 00:26:25,010 --> 00:26:29,420 what you, what you learned and how I taught those lessons then and now, 277 00:26:42,260 --> 00:26:42,590 okay. 278 00:26:42,590 --> 00:26:43,370 Watch this one here. 279 00:26:45,395 --> 00:26:50,375 Because if we go through this 31 50, it's going to snap into 31 55 ish. 280 00:26:51,695 --> 00:26:54,035 And then we got to see if it's going to have any willingness to get through 281 00:26:54,035 --> 00:26:57,545 this, because what's this high here. 282 00:26:58,535 --> 00:27:00,155 What's going to be about these highs here, here 283 00:27:04,895 --> 00:27:05,825 we buy stops. 284 00:27:06,695 --> 00:27:08,015 London ran through those. 285 00:27:08,765 --> 00:27:10,115 We cleared those by stops out. 286 00:27:10,475 --> 00:27:11,795 So what does that make this area? 287 00:27:13,155 --> 00:27:15,045 More specifically what makes that down camp? 288 00:27:15,075 --> 00:27:18,405 What's it make this down candle breaker. 289 00:27:27,805 --> 00:27:32,215 So we have to watch and see if the orders they use to run the stops above here. 290 00:27:33,115 --> 00:27:35,605 If they're on the winter, like the are here, they may need to come back up 291 00:27:35,605 --> 00:27:40,255 to 1 30, 1 55, maybe even 1 30, 1 16. 292 00:27:41,514 --> 00:27:44,635 And then we'll see if the online, those positions there and enroll over 293 00:27:44,635 --> 00:27:47,605 and maybe run for the 1 31 big figure. 294 00:27:50,014 --> 00:27:55,595 It doesn't have to get up there, but I mean, let's put it this way. 295 00:27:56,105 --> 00:27:58,925 If the dollar is going to go higher, longer-term dollar, cat's 296 00:27:58,925 --> 00:28:00,095 going to go higher, longer term. 297 00:28:00,485 --> 00:28:03,455 So really they could keep these orders on their water the entire time. 298 00:28:03,455 --> 00:28:05,135 It trades all the way down to the 31 big figure. 299 00:28:05,135 --> 00:28:06,875 It's not going to hurt them because they have deep. 300 00:28:08,305 --> 00:28:11,275 But near term, we all, as a trader, we always have to consider ourselves 301 00:28:12,235 --> 00:28:15,625 focused in on this type of price action, because it is a breaker. 302 00:28:43,710 --> 00:28:47,340 That daily chart does not look good to me at all on a dollar cat. 303 00:28:47,620 --> 00:28:49,440 It just looks like it wants to go lower. 304 00:28:51,030 --> 00:28:53,040 I mean, it's nothing that would be clear. 305 00:28:56,300 --> 00:28:56,780 Nothing. 306 00:28:57,080 --> 00:29:01,070 I mean, absolutely nothing clear at all about wanting to go higher. 307 00:29:03,405 --> 00:29:07,785 We had so many times pushing higher and it just failed until 308 00:29:07,785 --> 00:29:10,125 we got above that 33 big figure. 309 00:29:26,035 --> 00:29:29,385 When we, when you look at this order block right here, let's look at it like. 310 00:29:32,760 --> 00:29:34,200 Relative to the daily chart over here. 311 00:29:35,340 --> 00:29:37,500 When price came down here, we don't know if this is going 312 00:29:37,500 --> 00:29:38,430 to be the order block yet. 313 00:29:39,660 --> 00:29:43,860 When price runs like this, now we know this is a bullish or block, so that's how 314 00:29:43,860 --> 00:29:47,160 we have to wait because simply wait for price action to give us any indications. 315 00:29:47,670 --> 00:29:51,720 It smart money has bought that's the impulse price swing that we know 316 00:29:51,720 --> 00:29:53,280 there's this there's been displacement. 317 00:29:53,280 --> 00:29:56,250 Someone in here with deeper pockets have bought, so we know, 318 00:29:56,250 --> 00:29:58,230 okay, 30 80, which is inside this. 319 00:29:59,475 --> 00:30:01,125 30 80 should be sensitive going forward. 320 00:30:01,125 --> 00:30:03,825 So if ever trades back down to 30, 80, we can be a buyer 321 00:30:04,335 --> 00:30:05,535 price runs through this high. 322 00:30:05,535 --> 00:30:07,605 So now we have a really good high probability scenario. 323 00:30:08,895 --> 00:30:10,395 Price comes right down to 30 80. 324 00:30:11,085 --> 00:30:13,605 Notice how that's the first return to that down candle. 325 00:30:14,145 --> 00:30:15,825 That's the one you look for. 326 00:30:16,635 --> 00:30:19,335 That's the one that everyone needs to be focusing on. 327 00:30:19,335 --> 00:30:22,845 Whenever you identify an older block that shows a strong impulse price swing away 328 00:30:22,845 --> 00:30:25,575 from it higher or lower doesn't matter. 329 00:30:26,535 --> 00:30:27,545 As soon as it returns back. 330 00:30:28,500 --> 00:30:32,430 If you're looking at a daily or a four hour chart, think about the timeframe. 331 00:30:33,389 --> 00:30:38,159 You're going to have a lot more magnitude of a price swing because of the nature 332 00:30:38,159 --> 00:30:39,690 of it being a daily or a four hour chart. 333 00:30:42,620 --> 00:30:46,820 So if we see a return like this on a daily chart or four hour chart, 334 00:30:47,149 --> 00:30:49,250 even if this thing goes lower. 335 00:30:49,730 --> 00:30:50,000 Okay. 336 00:30:50,000 --> 00:30:52,610 Cause there's no, there's no guarantee that this order is 337 00:30:52,610 --> 00:30:53,600 going to hold nothing ever. 338 00:30:53,600 --> 00:30:58,680 It says that, but if we focus on daily and four hours, Th the frame bullish and 339 00:30:58,680 --> 00:31:00,870 bearish shorter blocks by doing that. 340 00:31:01,710 --> 00:31:02,130 Okay. 341 00:31:02,160 --> 00:31:08,790 By doing that, it will offer many times a tradable bounce, and that's all you need. 342 00:31:09,390 --> 00:31:12,990 You can get sometimes a hundred pit bounces on daily setups like this, 343 00:31:13,770 --> 00:31:15,120 and you don't need the full 100 pits. 344 00:31:15,190 --> 00:31:18,780 So I was showing you in lessons two and three, over the weekend, you 345 00:31:18,780 --> 00:31:22,980 don't need all of the rains that you identified as potential profit. 346 00:31:23,100 --> 00:31:23,940 You don't need all that. 347 00:31:24,390 --> 00:31:25,160 And to do very, very. 348 00:31:26,325 --> 00:31:29,775 So this first return in the, your block, that's where all the 349 00:31:29,775 --> 00:31:32,715 high probability scenarios occur when you're trading order blocks. 350 00:31:33,615 --> 00:31:36,945 The first return is the one everyone needs to be focusing on. 351 00:31:37,185 --> 00:31:37,575 Okay. 352 00:31:38,145 --> 00:31:44,895 Um, if, if this price swing here, would've violated this short-term high. 353 00:31:45,765 --> 00:31:48,705 This would have been the first return down to this bullish order block, 354 00:31:48,705 --> 00:31:49,845 which would be the down Caitlin, right. 355 00:31:49,845 --> 00:31:50,535 For this up move. 356 00:31:50,775 --> 00:31:55,375 But because we only closed in the range up to this point, I'm 357 00:31:55,375 --> 00:31:56,605 not terribly excited about that. 358 00:31:56,635 --> 00:31:57,655 Now I can still do that. 359 00:31:57,655 --> 00:31:59,605 I can still one more time punch up here and hit that. 360 00:32:00,385 --> 00:32:02,305 And that would be a study for you. 361 00:32:02,305 --> 00:32:05,665 It'd be for you to take that experience and log it as, okay. 362 00:32:05,665 --> 00:32:09,055 I seen this happen before, and that's what the benefit of us 363 00:32:09,115 --> 00:32:10,345 doing this on a daily basis. 364 00:32:10,345 --> 00:32:12,465 And we're not going to be spending another five more minutes and 365 00:32:12,465 --> 00:32:13,405 we're gonna close this session. 366 00:32:14,035 --> 00:32:21,060 But when we have a market environment like today, It makes it a little bit 367 00:32:21,060 --> 00:32:27,750 trickier and we can't be, uh, focused on trying to drive a hard, uh, trade. 368 00:32:27,810 --> 00:32:28,980 Like we had to force a trade. 369 00:32:29,080 --> 00:32:32,820 We can't do that because there's so many speeches. 370 00:32:33,330 --> 00:32:37,590 Every everybody's waiting to see what's the next shoe to know fall. 371 00:32:46,170 --> 00:32:49,170 Uh, the question is, is if it makes a second return to an older 372 00:32:49,170 --> 00:32:51,300 block, it is still a viable trade. 373 00:32:51,780 --> 00:32:55,140 And I said this before in the past, uh, if you've missed it, not say it again 374 00:32:55,140 --> 00:32:58,170 here, and we will talk extensively about this as well in month three. 375 00:32:58,590 --> 00:33:04,800 But the, uh, when you're trading on daily or four hour charts, I will allow a second 376 00:33:04,800 --> 00:33:07,380 return to a bears or bullets over block. 377 00:33:07,380 --> 00:33:08,220 And they'll still be good. 378 00:33:08,760 --> 00:33:12,150 But after two times, I don't like that even on a daily or a four hour. 379 00:33:12,180 --> 00:33:13,050 I don't like that at all. 380 00:33:14,990 --> 00:33:17,330 If they're going to take it to that level on a daily or a four hour, 381 00:33:18,590 --> 00:33:19,790 there's going to be real orders there. 382 00:33:20,330 --> 00:33:22,460 And if they have to keep coming back down to get those orders, 383 00:33:22,880 --> 00:33:26,810 that's not good because that's the nature of a propulsion candle, which 384 00:33:26,810 --> 00:33:28,790 is a higher bullish order block. 385 00:33:28,790 --> 00:33:32,270 That's going to be subordinate to a lower bullshitter block. 386 00:33:32,270 --> 00:33:35,330 In other words, it's going to be another retracement higher. 387 00:33:35,630 --> 00:33:39,530 And if the move is going to be good, they'll just capitalize a higher order 388 00:33:39,530 --> 00:33:41,840 block that happened after the initial one. 389 00:33:41,840 --> 00:33:42,290 You know what I mean? 390 00:33:42,470 --> 00:33:42,740 Like. 391 00:33:43,574 --> 00:33:45,794 This one, here is the parent order. 392 00:33:45,794 --> 00:33:48,524 Block price comes down and hits that we should see a rally. 393 00:33:48,794 --> 00:33:51,915 It does, but we have this big range here. 394 00:33:51,945 --> 00:33:53,445 We can't use that one anymore. 395 00:33:53,864 --> 00:33:54,645 This is too big. 396 00:33:54,945 --> 00:33:56,054 So we got to break that down. 397 00:33:56,084 --> 00:33:57,885 We like to look into a smaller timeframe. 398 00:33:58,455 --> 00:34:00,854 We can't, I don't know if I can see it in here, but I'm not gonna spend time 399 00:34:00,854 --> 00:34:02,354 doing it, but you can do that as well. 400 00:34:02,985 --> 00:34:07,875 Look at your, uh, September 28th and see if there's a smaller order block 401 00:34:07,995 --> 00:34:09,915 in here that price responded to. 402 00:34:13,650 --> 00:34:15,750 It's hard managing these little boxes all over the place. 403 00:34:15,750 --> 00:34:16,230 On my end. 404 00:34:17,040 --> 00:34:20,190 The, uh, what is that? 405 00:34:21,719 --> 00:34:22,650 October 3rd. 406 00:34:23,520 --> 00:34:23,820 Okay. 407 00:34:23,880 --> 00:34:24,810 October 3rd. 408 00:34:25,110 --> 00:34:27,659 See if that reached down into something on a smaller timeframe. 409 00:34:28,350 --> 00:34:28,620 Okay. 410 00:34:28,620 --> 00:34:31,469 For a dollar CAD defined support, older block 411 00:34:35,780 --> 00:34:36,400 right in here. 412 00:34:38,185 --> 00:34:40,465 This order block is supporting it to this one. 413 00:34:42,115 --> 00:34:42,775 You see how we pray? 414 00:34:42,835 --> 00:34:46,225 This price came all the way down into the middle of this one. 415 00:34:47,054 --> 00:34:51,324 You see that this candle right here came down right into the middle of this one. 416 00:34:51,925 --> 00:34:53,275 So it came back and hit that one. 417 00:34:53,275 --> 00:34:56,725 But now, because this is a higher one, plus we have another void. 418 00:34:57,505 --> 00:34:58,915 This should offer support. 419 00:34:59,035 --> 00:35:02,965 And that was the reason why we saw that last buy in. 420 00:35:02,965 --> 00:35:03,085 Okay. 421 00:35:04,125 --> 00:35:05,294 Dollar K rallied off of that. 422 00:35:05,535 --> 00:35:06,194 So that's what I'm saying. 423 00:35:06,855 --> 00:35:08,294 I don't want to see it come back down here. 424 00:35:08,294 --> 00:35:11,745 That's not good because it would violate this one. 425 00:35:12,055 --> 00:35:14,145 If it's going to violate this one, it's going to be wanting to 426 00:35:14,145 --> 00:35:16,245 go back to this foreshore block. 427 00:35:16,274 --> 00:35:20,205 Why you don't need to do that because they've already offered an opportunity 428 00:35:20,205 --> 00:35:22,154 to be buying it again around 1 30, 1 40. 429 00:35:23,024 --> 00:35:26,774 So why should they lose all that ground to come back down in the 30, 80. 430 00:35:28,955 --> 00:35:31,365 Th they're that greeting now, they're not that they're not going to do that. 431 00:35:31,845 --> 00:35:33,464 They're going to, if they're going to take it down, they're going 432 00:35:33,464 --> 00:35:34,904 to wipe out that order block. 433 00:35:34,904 --> 00:35:38,265 That's being noted here to take the stops out because there's going to 434 00:35:38,265 --> 00:35:43,484 be more trailed liquidity in the form of cell stops below that low. 435 00:35:43,845 --> 00:35:47,865 And if they drive it through here to go back down to fair value, this 436 00:35:47,865 --> 00:35:50,325 order block will be the first time it trades back down to that one. 437 00:35:50,384 --> 00:35:53,654 Notice that, so this price swing here. 438 00:35:55,980 --> 00:36:00,810 All the buying they did here at, uh, 1 29 30 to 1 29. 439 00:36:01,950 --> 00:36:05,940 Well, yeah, well, let's call it twenty nine, thirty to 29 20 that 440 00:36:05,940 --> 00:36:07,680 they bought here on in September. 441 00:36:08,130 --> 00:36:11,220 That would be a really good level to expect buying it. 442 00:36:11,940 --> 00:36:15,839 Even if it doesn't go above 33 big figure again, it still should be sensitive. 443 00:36:16,470 --> 00:36:17,190 Does that make sense? 444 00:36:17,819 --> 00:36:19,650 Do you understand what I'm trying to lay down for? 445 00:36:19,650 --> 00:36:19,799 You? 446 00:36:27,365 --> 00:36:30,965 Even the fact that it's a daily or four hour, you don't want to see it 447 00:36:30,965 --> 00:36:33,425 return multiple times if it does. 448 00:36:34,175 --> 00:36:35,405 It's not as bullish. 449 00:36:49,325 --> 00:36:49,715 Okay. 450 00:36:50,595 --> 00:36:54,555 97 70 cell stops are in range. 451 00:36:55,005 --> 00:36:57,765 So just be mindful that we're looking for that $1. 452 00:36:58,545 --> 00:37:04,635 And if we get some experience on the downside, we have the opening on 96, 62. 453 00:37:10,585 --> 00:37:13,645 And again, we're looking for the cell stops below 1 31 big figure. 454 00:37:34,435 --> 00:37:35,575 I'm sorry, what was your question? 455 00:37:35,575 --> 00:37:39,294 I didn't see it last week and I apologize that many of you probably 456 00:37:39,294 --> 00:37:43,254 do send me questions in here, the ignoring you, and just when I'm watching 457 00:37:43,254 --> 00:37:44,865 price, I'm really just focusing on. 458 00:37:52,964 --> 00:37:53,174 Okay. 459 00:38:04,924 --> 00:38:08,515 There's a one shot, one kill set up every single week on every single pair. 460 00:38:21,270 --> 00:38:24,720 So right now, if you were looking at dollar cat, say you just turn, say, 461 00:38:24,720 --> 00:38:26,250 just turn your chart on right now. 462 00:38:27,089 --> 00:38:27,299 Okay. 463 00:38:27,299 --> 00:38:29,370 You opened up your charts right now. 464 00:38:30,120 --> 00:38:31,109 Immediate feedback. 465 00:38:31,140 --> 00:38:33,390 What's your, what are you anticipating? 466 00:38:33,419 --> 00:38:34,379 Where's the liquidity. 467 00:38:34,439 --> 00:38:35,470 Where, where should the market. 468 00:39:07,169 --> 00:39:08,779 I appreciate some of your honesty. 469 00:39:08,899 --> 00:39:10,339 Some of you were saying, I have no idea. 470 00:39:15,149 --> 00:39:15,779 That's okay. 471 00:39:16,080 --> 00:39:16,830 That's why you're here. 472 00:39:45,910 --> 00:39:49,180 See this down candle right here, right before we saw. 473 00:39:57,075 --> 00:39:58,275 This damn candle right here. 474 00:40:19,810 --> 00:40:22,840 I don't see that as returning to mean threshold of this 475 00:40:22,840 --> 00:40:25,570 down candle as significant. 476 00:40:25,570 --> 00:40:28,660 And the reason why is because if this wasn't on a block and it is, it's 477 00:40:28,660 --> 00:40:31,930 always going to be an Orbach because we saw price move away from it. 478 00:40:33,160 --> 00:40:37,150 They already capitalized on that means threshold. 479 00:40:37,180 --> 00:40:37,380 Right? 480 00:40:38,985 --> 00:40:40,605 How do we know the order block is valid. 481 00:40:41,175 --> 00:40:43,665 In other words, when does the, when does the down one cannot become an order block? 482 00:40:47,465 --> 00:40:50,075 This is the session, uh, marker for your notes. 483 00:40:53,115 --> 00:40:57,225 When a down candles highs violated, it's all it takes. 484 00:40:57,705 --> 00:40:58,755 It's got to break that down. 485 00:40:58,755 --> 00:40:59,385 Campbell's high. 486 00:41:01,225 --> 00:41:02,455 It does that on this candle. 487 00:41:02,455 --> 00:41:03,115 Very next. 488 00:41:05,035 --> 00:41:07,825 So as soon as that occurs, your attention goes right to the middle 489 00:41:07,825 --> 00:41:08,964 of the previous down candle. 490 00:41:09,805 --> 00:41:10,765 That's where your focus is. 491 00:41:10,765 --> 00:41:11,845 That's the mean threshold. 492 00:41:13,285 --> 00:41:13,464 Okay. 493 00:41:13,464 --> 00:41:15,895 As soon as that happens, you wait and see this price. 494 00:41:15,904 --> 00:41:19,255 Want to get back down there because that's going to be equilibrium for the buyer. 495 00:41:19,375 --> 00:41:22,735 For the bullet, shorter block price goes away from it. 496 00:41:22,944 --> 00:41:26,384 It goes right back down to equilibrium or the main threshold middle point. 497 00:41:26,424 --> 00:41:29,904 That order block then does what goes higher. 498 00:41:31,525 --> 00:41:32,575 We have an impulse price swing. 499 00:41:33,510 --> 00:41:36,630 So now you go back down to the last BP body candle. 500 00:41:36,690 --> 00:41:37,410 That's down. 501 00:41:37,710 --> 00:41:38,610 That's this one here. 502 00:41:39,480 --> 00:41:40,410 Draw it out in time. 503 00:41:40,560 --> 00:41:42,270 You get the, the, the hit right here. 504 00:41:42,840 --> 00:41:46,590 It rallies again, these down candles here. 505 00:41:47,370 --> 00:41:47,880 Okay. 506 00:41:48,690 --> 00:41:53,580 They don't get violated until this candle right there. 507 00:41:55,200 --> 00:41:55,830 Right there. 508 00:41:56,370 --> 00:41:58,170 It gets above this candle's high. 509 00:41:59,880 --> 00:42:02,170 So, when that happens, then you can go back down to this candle here. 510 00:42:02,260 --> 00:42:02,610 Okay. 511 00:42:02,820 --> 00:42:07,050 If price trades down to this candles opening, I can be a buyer again. 512 00:42:07,920 --> 00:42:08,610 And it happens. 513 00:42:08,730 --> 00:42:09,630 It happens right there. 514 00:42:10,230 --> 00:42:16,320 Now this down candle doesn't get violated until when this candle right here. 515 00:42:17,640 --> 00:42:20,310 So if you go back down to this candle here, draw that out in time. 516 00:42:20,520 --> 00:42:22,500 If it hits that opening or the high gain, you could be a bar. 517 00:42:22,500 --> 00:42:23,760 It does it on this next candle. 518 00:42:23,910 --> 00:42:27,510 Notice it opens here, trades down into the orange. 519 00:42:28,755 --> 00:42:29,655 And then rallies through. 520 00:42:33,125 --> 00:42:34,025 Does that make sense? 521 00:42:34,025 --> 00:42:36,245 That make better sense on understanding what the order blocks are? 522 00:42:39,645 --> 00:42:43,245 If you're, if you're expecting an up move and you're looking toward an 523 00:42:43,245 --> 00:42:48,135 order of block that's bullish, you can not even consider it until the 524 00:42:48,135 --> 00:42:51,735 candle immediately after that candle closes that you think is going to be 525 00:42:51,735 --> 00:42:54,765 an older block, the next candle, as soon as it trades through its home. 526 00:42:56,195 --> 00:42:59,465 Or the dental candles high that you are expecting to be a bullish order block. 527 00:43:00,065 --> 00:43:03,335 Once that happens, you immediately go to the main threshold or middle of 528 00:43:03,335 --> 00:43:06,425 the down candle, and you start waiting for price to trade back into that, 529 00:43:10,735 --> 00:43:14,695 especially when you're using higher timeframe charts, like the monthly, 530 00:43:14,695 --> 00:43:16,705 the weekly and daily and four hour. 531 00:43:17,125 --> 00:43:19,705 You don't need to wait for the impulse price swing. 532 00:43:19,705 --> 00:43:22,435 If you know what you're looking for, you can trade directly, 533 00:43:22,435 --> 00:43:24,235 right from that immediate. 534 00:43:25,140 --> 00:43:28,350 Like in this case here, you can expect these types of moves to be 535 00:43:28,710 --> 00:43:30,780 significant on a higher timeframe chart. 536 00:43:30,780 --> 00:43:33,810 You don't need to wait for that big, long price swing away from it. 537 00:43:41,400 --> 00:43:48,240 So, which is what, I'm sorry, Mike, if it violates the first one, but if 538 00:43:48,240 --> 00:43:51,570 you take them both via like the main threshold, if you take them both, 539 00:43:52,500 --> 00:43:53,670 I don't know what you're asking me. 540 00:44:06,800 --> 00:44:11,030 It doesn't matter what timeframe the question is it look, um, in regards to it 541 00:44:11,030 --> 00:44:16,780 being a 30 minutes, it's, it's not, it's not, it's not that big of a deal in terms 542 00:44:16,780 --> 00:44:19,690 of price, because if you understand what you're looking for, like for instance, 543 00:44:19,720 --> 00:44:20,620 we're looking at the daily chart. 544 00:44:22,165 --> 00:44:22,555 Okay. 545 00:44:23,185 --> 00:44:27,805 The ideas on the order blocks are going to be more powerful and more sensitive 546 00:44:28,464 --> 00:44:29,725 on the fact that it's a daily chart. 547 00:44:31,225 --> 00:44:34,855 When we go into the lower timeframe, the lower timeframes, you can see 548 00:44:34,855 --> 00:44:41,004 order blocks, fail a lot more in the lower timeframes because the stops are 549 00:44:41,004 --> 00:44:43,585 not considered as much when you're, when you're looking for just the 550 00:44:43,585 --> 00:44:44,964 order blocks and the lower timeframes. 551 00:44:45,895 --> 00:44:48,745 There's going to be more focus on liquidity pool. 552 00:44:49,770 --> 00:44:50,879 Higher timeframes. 553 00:44:50,910 --> 00:44:51,529 You're going to find it. 554 00:44:51,540 --> 00:44:54,720 It's going to be a lot more influence on price action between 555 00:44:54,750 --> 00:44:56,730 the order blocks, because that's where the orders are residing. 556 00:44:57,600 --> 00:44:59,669 So when you're looking at lower timeframe, this is why it's important. 557 00:44:59,669 --> 00:45:03,149 This is the only thing that's really salient about lower timeframes that you 558 00:45:03,149 --> 00:45:06,990 have to keep in mind, lower timeframe, like five minute and 15 minute timeframes. 559 00:45:07,500 --> 00:45:11,910 You're going to see a lot of roadblocks that will fail and it will frustrate you. 560 00:45:12,299 --> 00:45:14,910 But when they fail, they're only going down to take the stops out 561 00:45:14,910 --> 00:45:16,560 that you didn't consider when you were looking at the blower. 562 00:45:25,884 --> 00:45:29,065 There's a one shot, one kill set up every single payer every single week. 563 00:45:29,065 --> 00:45:34,105 Yes, but that's not the equivalent of saying, uh, the entire range is going 564 00:45:34,105 --> 00:45:35,694 to be between Tuesday and Friday. 565 00:45:35,725 --> 00:45:37,254 That's not necessarily what I'm saying. 566 00:45:37,734 --> 00:45:41,035 One shot, one kill is were in my definitions. 567 00:45:41,065 --> 00:45:43,165 That's given me a 50 to a hundred pips. 568 00:45:43,920 --> 00:45:48,390 That I can easily identify in advance and map out and then trade. 569 00:46:14,755 --> 00:46:16,045 No daily or block. 570 00:46:16,105 --> 00:46:16,635 I'm sorry. 571 00:46:17,430 --> 00:46:21,120 Once I one killed trades and not always at daily order blocks, they're going 572 00:46:21,120 --> 00:46:22,470 to be other, other things you'll learn. 573 00:46:26,170 --> 00:46:30,279 Um, what I was just mentioning about the lower timeframes is everyone wants to 574 00:46:30,279 --> 00:46:34,210 look at like a one minute or five minute or block and constitute trade on that. 575 00:46:34,660 --> 00:46:38,350 And many times you're going to see on the lower timeframes, if you 576 00:46:38,350 --> 00:46:43,000 focus on where the stops are, you're going to see those in environments 577 00:46:43,000 --> 00:46:45,250 that be more, um, centered. 578 00:46:46,215 --> 00:46:49,785 And then use more reference points from the daily or blog perspective 579 00:46:50,295 --> 00:46:54,194 on the higher timeframe like daily or four hour in the beginning. 580 00:46:54,194 --> 00:46:57,525 When you first learned this stuff, you're gonna look at every up candle as a sell. 581 00:46:57,525 --> 00:46:59,025 And every down candle is a buy. 582 00:46:59,595 --> 00:47:02,955 If you're looking at like five minute charts and if you're right and your 583 00:47:02,955 --> 00:47:06,015 directional premise and your institutional order flow on the hard timeframes. 584 00:47:06,404 --> 00:47:06,645 Yeah. 585 00:47:06,645 --> 00:47:10,365 That you're going to have a whole history of, of winning 586 00:47:10,365 --> 00:47:11,924 trades that paint out wonderful. 587 00:47:12,855 --> 00:47:17,084 But even in those conditions still, you can experience a run on intraday liquidity 588 00:47:18,305 --> 00:47:19,725 folks that are trailing their stops. 589 00:47:20,955 --> 00:47:23,955 My guys mentioned earlier, if we would have ran through that 590 00:47:23,955 --> 00:47:25,964 initial high here, cause that's where all the cells, I'm sorry. 591 00:47:25,964 --> 00:47:28,544 That's where all the bus stops are residing right here, right 592 00:47:28,544 --> 00:47:29,564 above this short term high. 593 00:47:31,645 --> 00:47:33,444 And I wouldn't be surprised if we'd gone through that. 594 00:47:33,444 --> 00:47:37,059 Hit that level here into the breaker, trade up into around 31 595 00:47:37,059 --> 00:47:40,495 55 and then it could probably roll over and go down for the seller. 596 00:47:41,445 --> 00:47:44,085 But there's been no real run on stops date. 597 00:47:45,135 --> 00:47:47,895 I mean, look at the entire history here only on a, on a day. 598 00:47:48,465 --> 00:47:53,265 It's all been one-sided since London and no run on liquidity, right? 599 00:47:54,315 --> 00:47:59,895 There's been no, Ronald stops intraday and we're in, and we're 600 00:47:59,895 --> 00:48:01,215 in the heart of New York right now. 601 00:48:01,215 --> 00:48:06,165 So it would be reasonably expected to see it run up there and take those stops. 602 00:48:06,225 --> 00:48:06,395 And. 603 00:48:10,660 --> 00:48:11,980 Now let's play devil's advocate. 604 00:48:11,980 --> 00:48:15,310 Say it goes through the breaker here, say it goes right on through 605 00:48:15,310 --> 00:48:17,710 it and screams right through it and takes out the London high. 606 00:48:18,279 --> 00:48:19,450 What do you do in that scenario? 607 00:48:25,870 --> 00:48:28,540 You go to the sidelines and you do not do anything. 608 00:48:30,984 --> 00:48:33,475 Because all he did was run the stops on the London session. 609 00:48:34,615 --> 00:48:36,955 And now you don't know what direction is going to go because you have 610 00:48:36,955 --> 00:48:40,765 speech is a heavy the rest of the day and you have that minefield laid 611 00:48:40,765 --> 00:48:43,375 out there and everyone else will be mad trying to make their money back. 612 00:48:43,705 --> 00:48:44,305 And it never will. 613 00:48:44,544 --> 00:48:45,535 It never happens for you. 614 00:48:49,085 --> 00:48:49,285 Yeah. 615 00:48:49,285 --> 00:48:50,345 I'm not going to repeat that one. 616 00:48:53,254 --> 00:48:53,524 Yeah. 617 00:48:53,645 --> 00:48:56,975 That's usually what happens for a charge move mover. 618 00:49:00,625 --> 00:49:05,275 But when it does happen and say you have a short on, or if you try to sell 619 00:49:05,275 --> 00:49:08,665 the breaker and it blows through and hit your stop, there's no reason to 620 00:49:08,665 --> 00:49:11,995 chase or get mad and go back in and try to get revenge, you know, minded. 621 00:49:12,444 --> 00:49:15,115 You just simply wait for it to do what it's going to do. 622 00:49:16,464 --> 00:49:17,694 And you be on the sidelines. 623 00:49:17,694 --> 00:49:19,255 Don't don't offer it to any more money. 624 00:49:19,585 --> 00:49:20,694 Cause it will take it from you. 625 00:49:35,085 --> 00:49:40,485 You're you're yeah, you're going to learn exactly what makes me focus in 626 00:49:40,485 --> 00:49:42,134 and dial in on a specific word block. 627 00:49:42,225 --> 00:49:46,185 And when, like, if you look at the free tutorials, it's real, 628 00:49:46,185 --> 00:49:47,415 it's real easy to come away with. 629 00:49:47,445 --> 00:49:49,395 Well, I can find this order block here and I'm going to buy that one 630 00:49:49,785 --> 00:49:50,895 and I can see this order block. 631 00:49:50,895 --> 00:49:51,495 You're not gonna sell that. 632 00:49:52,335 --> 00:49:55,005 And I left it intentionally gray. 633 00:49:55,485 --> 00:50:01,455 I want you to not see everything in the free tutorials, um, because it's 634 00:50:01,455 --> 00:50:05,835 going to require you a lot of work to see this on your own, but once you get 635 00:50:05,835 --> 00:50:10,245 it in, but some of you would have never gotten it on the free tutorials, but 636 00:50:10,935 --> 00:50:15,375 even if you had a good, a risk model behind your trades, you'd still make 637 00:50:15,375 --> 00:50:16,995 money with the information I gave you. 638 00:50:17,384 --> 00:50:18,285 But the mentorship. 639 00:50:19,395 --> 00:50:20,924 I'm actually going to go into detail. 640 00:50:21,165 --> 00:50:25,245 What specifically constitutes the order blocks that I will trade off of 641 00:50:26,085 --> 00:50:28,785 just highlighting them here in live sessions has given you experience 642 00:50:28,785 --> 00:50:34,065 about what to expect and that's what framed how I learned it, but there's 643 00:50:34,065 --> 00:50:38,325 a, there's a specific criteria I look for that I only trade on specific ones. 644 00:50:45,780 --> 00:50:47,700 Oil plays a lot to do with Canadian dollar. 645 00:50:48,090 --> 00:50:50,520 That's why we watch the oil inventory numbers. 646 00:51:03,870 --> 00:51:04,200 Yes. 647 00:51:04,200 --> 00:51:06,720 12 months is certainly enough to learn everything I intend to do. 648 00:51:08,049 --> 00:51:09,370 Anything less is not enough 649 00:51:22,690 --> 00:51:28,060 So in summary, what we're going to be watching is the CAD have the steam 650 00:51:28,060 --> 00:51:31,480 to get up to 1 30, 1 55, and that will be a breaker if it hits it. 651 00:51:32,200 --> 00:51:32,560 Okay. 652 00:51:32,670 --> 00:51:34,210 If we hit that, we'll look for. 653 00:51:35,145 --> 00:51:39,225 Priced a roll through and aim for the 1 31 big figure cell stops. 654 00:51:40,065 --> 00:51:43,635 Um, it would've been nice to see this run initially at the release of the numbers, 655 00:51:43,635 --> 00:51:45,285 but we had to wait around in here. 656 00:51:45,885 --> 00:51:47,325 Um, it could still stay down here. 657 00:51:47,325 --> 00:51:48,495 It doesn't have to run the stops. 658 00:51:48,735 --> 00:51:52,545 You know, they may think they won't, they may, they may allow these, uh, 659 00:51:52,605 --> 00:51:54,555 they may not be enough liquidity above these highs right now. 660 00:51:55,335 --> 00:52:00,495 So they may, they leave them intact and maybe even drop down here by doing that. 661 00:52:00,495 --> 00:52:03,435 It leaves the cell stops above the London high and. 662 00:52:04,950 --> 00:52:06,360 Above this intraday high as well. 663 00:52:06,630 --> 00:52:10,050 So they can start building them up in any one that was already short. 664 00:52:10,380 --> 00:52:12,060 They can trail your stop loss rate down here. 665 00:52:15,050 --> 00:52:16,070 And another scenario would be this. 666 00:52:16,070 --> 00:52:21,170 They could expand down, take this initial low out and then jump up here and run the 667 00:52:21,170 --> 00:52:23,240 stops here because anyone that's good. 668 00:52:23,330 --> 00:52:28,670 If they're going to sell it off below the 31 big figure, they're not going 669 00:52:28,670 --> 00:52:29,990 to go back up to London to do it right. 670 00:52:31,230 --> 00:52:31,560 Okay. 671 00:52:31,560 --> 00:52:36,540 So to get these folks to come down to them, they'll drop price down, take out a 672 00:52:36,540 --> 00:52:38,010 low here, and then what's going to happen. 673 00:52:38,010 --> 00:52:41,070 Is everyone that's short is going to drop their sell stop. 674 00:52:41,100 --> 00:52:41,340 I'm sorry. 675 00:52:41,340 --> 00:52:41,880 They buy stop. 676 00:52:41,880 --> 00:52:46,410 Rather from these highs down into a short-term low, which would be right 677 00:52:46,410 --> 00:52:49,770 here exactly where the breaker would be. 678 00:52:49,890 --> 00:52:52,860 So they could take it down here, take the short term, low out and then gun 679 00:52:52,860 --> 00:52:58,020 it, blow out the buy stocks they can sell right into neutralize breaks. 680 00:52:58,815 --> 00:53:00,855 All their orders that were used to buy here. 681 00:53:01,154 --> 00:53:03,975 They could neutralize all that in here and then roll it through 682 00:53:04,035 --> 00:53:05,955 in, in gun for 1 31 big figure. 683 00:53:06,645 --> 00:53:09,375 That will be a scenario that would be, uh, expected as well. 684 00:53:14,105 --> 00:53:15,634 But I'm going to leave you to this. 685 00:53:15,634 --> 00:53:17,345 You guys can monitor it the rest of the morning. 686 00:53:17,855 --> 00:53:20,404 Um, again, liquidity, we're aiming for a study. 687 00:53:20,404 --> 00:53:25,835 One big figure, sell stocks below it and nothing in here. 688 00:53:27,570 --> 00:53:30,090 Nothing in here gets me terribly excited about being a buyer. 689 00:53:31,259 --> 00:53:31,590 Okay. 690 00:53:31,590 --> 00:53:36,930 So I'll give you a daily recap today around three o'clock, 691 00:53:36,930 --> 00:53:40,860 it'll be online and we'll review what we see here on dollar cab. 692 00:53:40,890 --> 00:53:45,660 But again, because of the speeches today, um, nothing in way of high 693 00:53:45,660 --> 00:53:48,270 probability and low resistance. 694 00:53:48,270 --> 00:53:51,540 I mean, the only thing we have here is the liquidity below the 31 big figure. 695 00:53:52,080 --> 00:53:54,600 And you can see we've already spent a lot of time going through. 696 00:53:55,380 --> 00:53:56,940 We're stuck inside of a 20 PIP range. 697 00:53:58,260 --> 00:54:00,000 So again, that's what we avoid. 698 00:54:00,000 --> 00:54:03,330 We don't want to be in these environments because they're very frustrating. 699 00:54:03,630 --> 00:54:05,310 We want to be in markets that are very quick. 700 00:54:05,550 --> 00:54:08,190 They give us velocity where we can get her in, get in, get out 701 00:54:08,190 --> 00:54:10,290 and make our money, move back to the sidelines where it's neutral. 702 00:54:10,620 --> 00:54:10,950 Okay. 703 00:54:11,790 --> 00:54:13,290 So take this log. 704 00:54:13,290 --> 00:54:15,810 This information today, I gave you a couple of bits of 705 00:54:15,810 --> 00:54:18,390 information, I think is going to be important to you going forward. 706 00:54:19,110 --> 00:54:22,620 And if he only wants to free tutorials to concepts that this 707 00:54:22,620 --> 00:54:23,550 mentioned in regarding the order. 708 00:54:24,480 --> 00:54:27,750 Uh, the amplify, what you've already learned in the free tutorials regarding 709 00:54:27,930 --> 00:54:29,040 bullish and bears order blocks. 710 00:54:29,730 --> 00:54:31,140 And I will get back with you later on today. 711 00:54:31,170 --> 00:54:34,860 I'll send you a tweet on Twitter when the, uh, the recordings online 712 00:54:34,860 --> 00:54:36,180 for those that came in late today. 713 00:54:36,810 --> 00:54:40,830 And also I'll tweet you when the prerecorded session for recap 714 00:54:41,220 --> 00:54:42,330 is owned by three o'clock today. 715 00:54:44,340 --> 00:54:46,259 Again, wants this breaker guys watch it. 716 00:54:46,500 --> 00:54:46,890 Okay. 717 00:54:47,490 --> 00:54:48,270 Have a good afternoon. 718 00:54:48,270 --> 00:54:50,640 I will catch up with you again and tomorrow. 719 00:54:50,640 --> 00:54:52,170 We'll do a live session in seven. 60599

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