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Okay folks.
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Welcome back.
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This is module 2nd of December,
2000 sixteens teachings
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from the ICT mentorship.
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When we're talking about reinforcing
liquidity concepts and price delivery.
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Okay.
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First on the menu today is going
to be external range liquidity.
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The current trading range will have
buy-side liquidity above the range high.
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Current trading range, we'll have
sell side liquidity below the range
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or low runs on liquidity, seek to pair
orders with pending order liquidity,
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which is inform of and liquidity pool.
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External range.
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Liquidity runs can be low
resistance or high resistance.
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You as a trader, you want your trades
to be in low resistance conditions.
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In other words, you don't want to have any
resistance in your path to profitability.
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Secondly, we have internal
range of liquidity
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when the current trading range is likely
to remain liquidity, voids will fill
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in, and this is associated with gap.
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And when current trading range is likely
to remain fair value gaps will also
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fill in and it's attributed to gap risk.
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Now, gap risk is nothing more than
simply when the market quickly
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reprices to a level where there
was very little or no treading.
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So in other words, when we see a
liquidity run to close in a range where
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there's only like one candle where a
long candle, uh, usually that's a gap.
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Okay.
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And whenever you're in a long and you have
a big gap underneath you, that's gap risk.
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So the market sometimes will
many times reprice aggressively
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the close in those ranges.
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And that's what usually starts with
you out as a, as a trader, we look
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for them as opportunities, uh, order
blocks inside the trading range will
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be populated with new buys and or
sells market maker, buy and sell
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models will form inside trading ranges.
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Okay folks, let's take a look
at external range, liquidity
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and internal range liquidity.
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And the difference between two
and Allie can utilize both.
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Okay.
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We have a old high back here.
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Okay.
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And we have an old area of
consolidation or equilibrium.
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It's about halfway from the little.
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Up to this high price sweeps
above this old high here.
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And that will be a form of external
range liquidity because it's outside the
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range from this high in the lowest form.
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So that was the range prior to
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the new breakout above this
high seen here to price.
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At this point, we know we
have the equilibrium down.
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But more importantly, we have
clean blows right below there.
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Say, we look for a move, take a
potentially come down to that level.
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Okay.
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00:04:13,244 --> 00:04:15,105
And price starts to drop.
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Trading down.
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Now what it's doing is it's pulling
back inside of all these up candles.
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Okay.
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So once we cleared the old high, we
would expect some measure of retracement.
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And when the retracement occurs,
where we're looking for, it's,
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where's the most logical area
for it to pull back down into.
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Now, if you look at this candle
here, we have a previous up candle,
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rather large candle, and we have.
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This candle has a WIC.
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So at one point, this
candle opened, traded lower.
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So there was a pass through
on the range between both of
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these candles in this area.
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So the delivery of price
was on the up move here.
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And then down on this one, even
though it was an up-close, it was
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offered twice all through that range.
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So at the top of this candle here,
and it's, it's open on the next one.
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That's where I would
expect to see a measure.
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Short-term bounce.
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Okay.
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And price traits here stalls a little bit
and go straight through it comes back.
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Retest that same level in here.
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Okay.
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Right in here.
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And it ultimately comes down
and clears out these equal lows.
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Now, what I want you to look for is at
this moment right here, where it is.
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The next level of liquidity, because
we've already traded below this low
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here now in reference to the low
here and to high up here, which we
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now have to redefine has the high,
the stops below these lows in here.
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Would that be a representative
in the form of external range,
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00:06:02,080 --> 00:06:03,479
liquidity or internal range?
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00:06:08,545 --> 00:06:12,715
And the context from this high
to this low it's internal range
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liquidity, but from this low to this
high it's external range liquidity,
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because it's piercing it down here.
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Not words, we created a range
from this low to this high.
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So we expect this range to be given.
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And run the stops out here.
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Once that's done.
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If we are going to go higher and bounce
higher or trade higher, or you make a
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new high here, we don't ever know that.
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Uh, we look for the areas of liquidity.
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So we know there's a, uh, up candle here
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to the human reference database.
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Yep.
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Candle, not the black one here up
candle that opening on measuring that
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opening price and extended the in time.
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And what else do you see on this chart?
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See this candle Swick in this candle
is a wick in between their price
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was only delivered on the downside.
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So we have a fair value.
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So if we start to trade higher,
we can expect to see the market.
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Want to reach up into that 1 0 6 50 level.
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If it trades through this screen candle
or up candle, it's going to want to
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reach up into the high of this candle.
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1 14 55 and the low at 1 15 95.
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So we can use 1 15 91 15.
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Or we could use a 1 14 55 or 1 14 60, any
one of those levels would be a nice, but
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this would be what, from this high down
to this new low, if we see I'm referencing
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the lows over here, that was cleaned out.
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Not that I'm drawing it to anything
I'm extending out, keeping you mindful.
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That's the range.
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Cause we cleared up
these lows, but this new.
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And now this highs the high.
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So the range that we're trading
in now is this low and this high.
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So if we see price trade up, we would
expect it to reach up into one, a 6 25.
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If it gets through the up candle, we
would be expecting it to trade up into
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this area here, closing that range.
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And then ultimately he
could trade as high as.
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This candle is low one
eighteen eighty six.
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So we'll call it one eighteen
eighty five to one money at 1890.
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Okay.
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So inside this range, from this low
to this high, we would be aiming
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for internal range liquidity.
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Price trades all the way up, right
into the shaded area here, right there.
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00:09:20,360 --> 00:09:24,770
Now, because we're looking at a
monthly chart of the Japanese yen.
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We're going to drop down into a
daily timeframe and we're going to
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see how those levels, I'm sorry,
we're gonna drop into a weekly chart.
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I'm going to show how these levels.
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Affected price action and the delivery.
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So we have that fair value
gap, a little bit more refined.
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You can see the wick we're here and
the Wicker here, so we can adjust
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that and refine it a little bit more
so that we can have the exact area
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of which price we'll look to fill in.
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It's only on this down candle price
was delivered on the sell side.
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No upside's been offered until now.
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We're starting to see it.
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Okay.
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00:10:05,670 --> 00:10:13,380
So every time the market creates a
trading range going lower, you want
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to mark off the previous high and the
new low, and when price trades back
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up, you're trading inside that range.
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So if you trade short at a bearish order
block, which is the last up candle,
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that's going to be a return to internal
range liquidity, but you're going to be
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looking for external range liquidity to
exit on which is to stop below the line.
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Price runs down, hits that that's
where you would look to exit.
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Predominantly my entries are internal
range, liquidity entries with
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exits at external range liquidity.
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In other words, I'm buying inside the
range and selling it outside the range.
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Once it breaks it.
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If I am in sync with the marketplace
and I know what direction it wants
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to go, and we're framing that
based on the monthly chart here.
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So you're going to see the benefits
of doing what I'm doing here.
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If I'm looking for it to go higher
relative to the monthly chart, anytime
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that the market comes down below a
short term low, I can be a buyer of
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that on short term, external range,
liquidity, or buying up stops, but the
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expectations range will continue going
higher seeking monthly internal range
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liquidity in the form of this fair value.
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And I'm probably confusing
some of you that are listening
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very attentively I'm sure.
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But the point he wants you to
understand on a hard timeframe
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where the market wants to go.
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You'll be able to frame your trade
setups as we dropped down into a daily.
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Okay.
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So we can see the daily chart.
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Mark.
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It creates small area of institutional
order flow comes down and hits that
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same order block rallies through.
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Now, watch what happens in the grand
scheme of things on the monthly range.
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We are trading every time we create
a new high, higher, higher, higher
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here and here and here each time make
a new high that is a run on external
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range liquidity on this timeframe
being the daily, but on the monthly.
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It's still internal range liquidity
because your distance out of a
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larger monthly range, when we
understand where the Moffitt and
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the weekly are trying to trade to.
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When we look at daily setups like
this, this creates the recipe.
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If you will, low resistance liquidity
runs because you're trading in sync
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with a monthly where the monthly we'll
most likely want to see price go up.
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So every time I run above an old high
is expected, that's going to be framed
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as a low resistance liquidity run.
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Every time we see this, you
can see how price reacts to it.
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Very little resistance on the part
of price to get through these levels.
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Because it has an agenda.
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It wants to get to a specific
price level relative to a hard
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timeframe because the funds trade
on a monthly and a weekly basis.
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So if we can keep that in context
and frame our trades with this idea,
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we will always be able to classify a
trade, whether if it's a high resistance
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or a low resistance liquidity run.
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00:13:30,110 --> 00:13:34,610
So if we dropped down into a four hour
chart, we can see the highs being ran out.
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Every high has very
little difficult to get.
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Because it's framed on low resistance,
liquidity runs based on the higher
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timeframe monthly, you can't even see the
range at which the monthly has that fair
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value gap in this high's broken through.
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No problem.
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This high here broken through.
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No problem.
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This high here broken through.
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00:14:00,900 --> 00:14:04,400
No problem now was a small little
consolidation, but ultimately it runs
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aggressively and it's going to reach.
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00:14:06,944 --> 00:14:07,905
These highs here.
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00:14:09,435 --> 00:14:12,974
I get questions so many times about how
I know where the market's going to be
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reaching for us for specific buy stocks.
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00:14:14,834 --> 00:14:17,714
When we do our live session,
this is how I do it.
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I use the hard time-frame institutional
order flow to frame out where
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internal range liquidity is and
where external range liquidity is.
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00:14:27,135 --> 00:14:28,305
Where's the buy stops.
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00:14:28,755 --> 00:14:31,844
And what kind of stop or what
kind of entry am I using?
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00:14:32,204 --> 00:14:34,364
And how does it align
with the higher time?
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00:14:36,795 --> 00:14:44,705
The market trades down, clears out, some
stops in here, gaps down below on the
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00:14:44,705 --> 00:14:50,345
election, closes in this range back down
to a previous bullish or block rallies
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00:14:50,345 --> 00:14:54,485
through and hits the old high over here.
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00:14:54,545 --> 00:14:59,795
All these highs are cleared out there and
ultimately takes off and runs out another
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00:14:59,795 --> 00:15:01,145
old high, which was the mountain moment.
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00:15:01,995 --> 00:15:02,295
Okay.
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00:15:02,385 --> 00:15:08,565
All through here and ultimately trades
up into that monthly fair value gap.
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00:15:10,005 --> 00:15:15,615
Once we cleared this high here and
we cleared this high here, we came
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00:15:15,615 --> 00:15:17,865
back and created a, um, a gap.
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00:15:18,345 --> 00:15:22,725
We created a gap here, came down
and closed in the gap and then
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00:15:22,725 --> 00:15:27,045
ultimately aggressively ran right
up into that monthly fair value gap.
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00:15:28,425 --> 00:15:30,615
So what I want you to look
at is every single time.
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00:15:31,530 --> 00:15:36,719
The market all through here every
single time it gave a retracement,
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00:15:38,099 --> 00:15:39,089
this is a four hour chart.
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00:15:39,089 --> 00:15:43,829
So we're going to go down into a 15
minute chart and this is like the days.
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00:15:44,550 --> 00:15:44,819
Okay.
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00:15:44,819 --> 00:15:49,349
And I want you to look at how price
responds when it gives you a new range.
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Okay.
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00:15:50,520 --> 00:15:56,370
Got I love here in a high price trades
down into the previous order block,
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00:15:56,939 --> 00:15:58,260
whereas external range liquidity.
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00:16:01,090 --> 00:16:05,110
So you're buying an internal Quip internal
range liquidity with the expectation.
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00:16:05,110 --> 00:16:08,530
You're going to see price move
to the outside of the range
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00:16:08,590 --> 00:16:09,940
created by this little move here.
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00:16:10,300 --> 00:16:14,410
So that's your range of trading in
for the setup, the exits here, but
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00:16:14,410 --> 00:16:15,640
do you collapse your entire trade?
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00:16:15,670 --> 00:16:19,480
No, you're looking for
the ranges to take out.
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All these highs in here, we get
another rally and then retracement.
233
00:16:26,065 --> 00:16:26,275
Okay.
234
00:16:26,275 --> 00:16:28,135
So it's the last down candle, right?
235
00:16:28,135 --> 00:16:30,655
For the up move price
trades back down into it.
236
00:16:30,715 --> 00:16:33,595
They populate more buys
on that order block.
237
00:16:34,285 --> 00:16:38,365
Whereas the external range
liquidity at above this high here
238
00:16:39,115 --> 00:16:41,515
and over here, it runs through it.
239
00:16:43,085 --> 00:16:44,425
Small little consolidation.
240
00:16:44,845 --> 00:16:49,285
We rally away comes back down
into the down candle repopulate.
241
00:16:50,235 --> 00:16:50,985
By orders.
242
00:16:51,525 --> 00:16:54,405
What's it going to run for
that monthly fair value gap?
243
00:16:54,585 --> 00:16:55,365
Look at the reaction.
244
00:16:55,365 --> 00:16:59,415
Once it gets up in here, lots of
profit taking lots of it right
245
00:16:59,415 --> 00:17:01,875
in here, ultimately comes back
and starts to trade a bit higher.
246
00:17:01,875 --> 00:17:07,785
I think it's indicative of probably seeing
a little bit more, uh, a rally when we
247
00:17:07,785 --> 00:17:14,385
open up on Sunday, but going back even
further, you can see every single time the
248
00:17:14,385 --> 00:17:16,875
market creates a nice impulse price swing.
249
00:17:17,835 --> 00:17:19,035
We have a nice impulse price swing.
250
00:17:20,339 --> 00:17:21,180
Comes back down.
251
00:17:21,510 --> 00:17:26,010
But with shorter block, external
range, liquidity comes down and hits
252
00:17:26,100 --> 00:17:31,200
this order block again, here rallies
through comes back consolidation
253
00:17:31,620 --> 00:17:34,200
eventually presses through clearing
out the external range liquidity
254
00:17:34,200 --> 00:17:35,850
here, or the biceps above the highs.
255
00:17:37,200 --> 00:17:40,770
The range that's created from
this low up to this high, the
256
00:17:40,770 --> 00:17:43,920
down candle B trades back into it.
257
00:17:45,975 --> 00:17:49,545
Rallies away now, all this is
what you're gonna have to sit in.
258
00:17:49,545 --> 00:17:50,655
If you're a position trader.
259
00:17:52,245 --> 00:17:56,415
Well, ultimately if you give it time,
all it's going to do is it's going to
260
00:17:56,415 --> 00:18:00,855
return back to a previous order block
here, like it did here and recapitalize
261
00:18:00,855 --> 00:18:04,725
more buy orders because it's a
long-term objective to get up to here.
262
00:18:05,775 --> 00:18:06,305
So they're going to have.
263
00:18:07,395 --> 00:18:11,565
By some here, buy some more here, let
some time go by and then come back
264
00:18:11,565 --> 00:18:13,725
down to it again, buy more of it again.
265
00:18:13,755 --> 00:18:15,045
And one more time.
266
00:18:15,165 --> 00:18:19,005
And then ultimately runs away because
they have their position built, averaging
267
00:18:19,005 --> 00:18:23,625
around 1 13 50 to 1 13 25 in that area.
268
00:18:29,584 --> 00:18:36,334
Many many examples of low resistance
liquidity runs on the dollar.
269
00:18:36,365 --> 00:18:40,594
Again, we have a low price
rallies up comes back down.
270
00:18:40,895 --> 00:18:45,725
Previous order block run from
this load to where external range
271
00:18:45,725 --> 00:18:48,215
liquidity by stops runs about here.
272
00:18:48,754 --> 00:18:50,014
Same thing here we have a.
273
00:18:50,985 --> 00:18:53,055
Price runs away from this consolidation.
274
00:18:53,175 --> 00:18:54,615
Why am I not using this low Michael?
275
00:18:55,035 --> 00:18:56,685
Because this is a consolidation in here.
276
00:18:57,825 --> 00:19:00,405
Price moves away from that comes
back down, hits the previous
277
00:19:00,405 --> 00:19:02,865
order block here, rallies away.
278
00:19:02,865 --> 00:19:07,605
What's it going to one for external
range liquidity here, running up.
279
00:19:08,235 --> 00:19:08,595
Okay.
280
00:19:09,405 --> 00:19:14,475
You're looking to buy with internal
range liquidity or at a bull shorter
281
00:19:14,475 --> 00:19:19,575
block inside of a previous range and
trying to take profit at an old high or.
282
00:19:21,105 --> 00:19:24,855
While you're in sync with the
higher timeframe, directional bias
283
00:19:25,185 --> 00:19:26,655
based on institutional order flow.
284
00:19:27,075 --> 00:19:32,115
Like we described earlier with the monthly
ranges and looking for this fair value gap
285
00:19:32,145 --> 00:19:36,315
on the monthly chart, because just like
any other timeframe, the market's going
286
00:19:36,315 --> 00:19:38,085
to want to efficiently deliver price.
287
00:19:38,775 --> 00:19:39,675
If there's no.
288
00:19:40,965 --> 00:19:45,015
Uh, trading up in this fair value gets,
it's been shown on the monthly chart
289
00:19:45,165 --> 00:19:46,395
that we have shaded up here in led.
290
00:19:46,545 --> 00:19:49,515
I guess it's like an orange, red color.
291
00:19:50,775 --> 00:19:53,895
The, uh, they're going to want
to drive price up to that level.
292
00:19:54,255 --> 00:19:56,475
So anytime they can carry a new
buying opportunity that they're going
293
00:19:56,475 --> 00:19:59,985
to build more of a position on you
have a nice liquidity void in here.
294
00:20:00,375 --> 00:20:03,405
Price comes down and fills
that in aggressively ones away.
295
00:20:07,875 --> 00:20:09,615
The range here from this low up to this.
296
00:20:10,635 --> 00:20:15,345
It comes back down and retreats back into
the bull shoulder block by on internal
297
00:20:15,345 --> 00:20:17,295
rings, liquidity or bull shoulder pocket.
298
00:20:17,295 --> 00:20:21,645
The expectation of unloading external
rings, liquidity above the range high
299
00:20:21,645 --> 00:20:23,835
here, price trades above it here.
300
00:20:26,775 --> 00:20:28,165
Many, many examples of.
301
00:20:29,205 --> 00:20:31,965
Two or three a week where
you can see the setups.
302
00:20:31,995 --> 00:20:33,945
They offer us an opportunity.
303
00:20:33,945 --> 00:20:36,524
And even on a pair, I don't even
like to trade in the dollar yen.
304
00:20:37,215 --> 00:20:40,185
We have a range here from the low
up to this high trades, back down
305
00:20:40,185 --> 00:20:41,685
to previous bullish order block.
306
00:20:42,495 --> 00:20:48,195
You can buy here with the expectation
of seeing a range expansion to exit on a
307
00:20:48,405 --> 00:20:54,985
external range, liquidity or buy stock,
because we're looking for buys only.
308
00:20:57,540 --> 00:21:01,530
We're gonna be looking for any type of
impulse price swings up than a retracement
309
00:21:01,530 --> 00:21:03,420
back down into a previous order block.
310
00:21:04,380 --> 00:21:09,930
If we don't see any ranges that
create new buying opportunities,
311
00:21:10,380 --> 00:21:12,030
we can target Lowe's.
312
00:21:12,300 --> 00:21:14,520
So you can go through the
marketplace and find all of the
313
00:21:14,520 --> 00:21:22,000
swing lows and wait for price the
trade through them on a downside.
314
00:21:23,110 --> 00:21:23,680
And when they do that,
315
00:21:27,705 --> 00:21:28,365
They're doing what?
316
00:21:30,105 --> 00:21:33,735
Picking up orders, taking late new lungs.
317
00:21:34,545 --> 00:21:37,775
Like you see here right here,
318
00:21:44,415 --> 00:21:44,925
right here.
319
00:21:47,325 --> 00:21:49,155
Any other time, it's a rally away.
320
00:21:49,165 --> 00:21:51,945
Comes back to the produce
bullets over block rallies away.
321
00:21:51,945 --> 00:21:52,785
It comes back to the previous.
322
00:21:55,095 --> 00:21:59,505
Rallies down in to a previous order
block, more consolidation takes the
323
00:21:59,505 --> 00:22:01,785
stops and then runs above claim.
324
00:22:01,785 --> 00:22:02,745
These equal highs out.
325
00:22:04,305 --> 00:22:05,625
I don't need to draw this
and it's already there.
326
00:22:06,405 --> 00:22:09,735
Equal lows takes the stops rallies away.
327
00:22:11,205 --> 00:22:15,495
So the type of trader you are
going to be is going to be based on
328
00:22:15,495 --> 00:22:17,295
what you see easily in the charts.
329
00:22:17,295 --> 00:22:18,765
You're going to see either turtles.
330
00:22:19,710 --> 00:22:24,210
And you're going to be looking for buying
upsells stops or selling buy stops.
331
00:22:25,680 --> 00:22:29,490
Where are you going to be looking for a
return back to fair value where you're
332
00:22:29,490 --> 00:22:35,550
looking to trade inside the range or
buying internal range liquidity, and by
333
00:22:35,550 --> 00:22:41,190
framing the marketplace in either one
of those two disciplines, you'll have
334
00:22:41,190 --> 00:22:42,810
no problem going in and finding setups.
335
00:22:43,590 --> 00:22:47,580
It's not that you have to find a set up
every single day, but you will find it.
336
00:22:48,825 --> 00:22:51,675
Once a week, that's all you're
looking for and you're looking
337
00:22:51,675 --> 00:22:52,815
for one set up per week.
338
00:22:53,385 --> 00:22:56,295
So I'm going to zoom out to the hourly.
339
00:22:58,035 --> 00:23:01,055
I'm going to scroll back from
the time at which price did
340
00:23:01,055 --> 00:23:02,145
trade up into the objective.
341
00:23:02,175 --> 00:23:07,575
Based on the monthly chart, we had a
nice buying opportunity here on Monday,
342
00:23:08,625 --> 00:23:10,845
and it was a Thursday by as well.
343
00:23:12,045 --> 00:23:18,675
Uh, we have a Monday by a nice, uh, It
looks like a cross over into Tuesday.
344
00:23:19,215 --> 00:23:20,415
Nice buying opportunity here.
345
00:23:20,835 --> 00:23:24,225
Definitely a Wednesday by and
the previous order block here.
346
00:23:28,395 --> 00:23:30,375
Nice by, on Tuesday here on this week.
347
00:23:33,615 --> 00:23:43,135
Nice by on Tuesday here and on
Thursday, this is the election.
348
00:23:43,165 --> 00:23:44,004
So we're not gonna talk about that.
349
00:23:45,825 --> 00:23:47,804
We were on the sidelines for that period.
350
00:23:47,804 --> 00:23:49,845
So we would not have been
looking for anything on that.
351
00:23:51,284 --> 00:23:51,495
Okay.
352
00:23:51,495 --> 00:23:54,345
So we have a nice little bio on Monday.
353
00:23:54,645 --> 00:23:58,245
I turned back to the previous
bullet or block, and then we have a
354
00:23:58,304 --> 00:24:01,395
Wednesday by scenario in here as well,
355
00:24:05,925 --> 00:24:07,335
running a stops here.
356
00:24:07,395 --> 00:24:07,754
I want a.
357
00:24:09,910 --> 00:24:11,380
So think about this.
358
00:24:11,920 --> 00:24:14,020
If you know, your higher
timeframe, monthly chart is
359
00:24:14,020 --> 00:24:16,570
calling for a run higher on price.
360
00:24:17,110 --> 00:24:21,280
And we talked about this months
ago when a dollar main bullish and
361
00:24:21,730 --> 00:24:23,770
dollar Yan should be going higher.
362
00:24:24,610 --> 00:24:29,860
And if we know that there's a retracement
taking place or a correction, if you will,
363
00:24:29,860 --> 00:24:32,170
in the market's trading lower our Mo.
364
00:24:33,300 --> 00:24:34,260
Shifts to, okay.
365
00:24:34,260 --> 00:24:36,660
Where are the cell stops
that they're reaching for it?
366
00:24:36,660 --> 00:24:41,400
Because underlying the market
pinnings are bullish for dollar yen.
367
00:24:42,180 --> 00:24:47,160
So if the market's predisposed to go
higher, but it's dropping, we don't
368
00:24:47,160 --> 00:24:50,670
say, okay, well, I'm not looking at that
pair or I'm not looking at that market,
369
00:24:51,150 --> 00:24:52,950
which you SU be dealing is, is okay.
370
00:24:52,980 --> 00:24:55,230
I'm going to be looking
for external range.
371
00:24:57,145 --> 00:25:00,055
On the timeframe I'm using
right now is the hourly chart.
372
00:25:00,505 --> 00:25:04,015
You mean looking for anytime the market's
trading lower, if it's trading lower,
373
00:25:04,435 --> 00:25:06,775
where's the lows it's trying to breach.
374
00:25:07,195 --> 00:25:10,075
Where's it going below here and here.
375
00:25:11,185 --> 00:25:14,455
So if we know that they're
going to be expecting what a
376
00:25:14,455 --> 00:25:15,955
reaction, their quick reaction.
377
00:25:16,770 --> 00:25:20,250
Not just hang down there
and just meander around.
378
00:25:20,610 --> 00:25:22,470
We want to see it go down there
and then show a willingness
379
00:25:22,470 --> 00:25:23,430
to go back away from it.
380
00:25:23,460 --> 00:25:26,520
When it does that, it's tipping
your hand, then you just wait
381
00:25:26,520 --> 00:25:27,540
for a bullshitter shorter block.
382
00:25:27,660 --> 00:25:30,000
It won't, it won't
always happen right away.
383
00:25:30,570 --> 00:25:33,240
Like this one gave one that's
pretty, uh, pretty nice.
384
00:25:33,240 --> 00:25:35,160
It came, created a down candle.
385
00:25:35,670 --> 00:25:39,630
It was created with this Caleb
preach, preaching this candle high.
386
00:25:39,990 --> 00:25:42,720
So now this down candle
becomes a shorter block.
387
00:25:43,290 --> 00:25:45,030
So anytime we trade back down into.
388
00:25:45,780 --> 00:25:49,290
The range, which is here,
we can be a buyer, but this
389
00:25:49,290 --> 00:25:51,510
new down candle here, okay.
390
00:25:51,580 --> 00:25:56,100
Gives us another opportunity to expect
another return back to this candle, which
391
00:25:56,100 --> 00:26:01,350
it never does here, but it creates another
down candle here then say hits it here.
392
00:26:01,470 --> 00:26:02,370
So there's a buy.
393
00:26:02,460 --> 00:26:04,800
So you had to wait a little
bit and now it's only hours.
394
00:26:04,810 --> 00:26:08,070
Each one of these candles is an hour to
the very next day you get another buy
395
00:26:08,190 --> 00:26:10,980
here and here we see price global, low.
396
00:26:10,980 --> 00:26:13,200
This low runs, this stuff.
397
00:26:14,115 --> 00:26:15,105
It runs the stats.
398
00:26:15,195 --> 00:26:15,405
Okay.
399
00:26:15,524 --> 00:26:16,185
It stay down there.
400
00:26:16,245 --> 00:26:17,504
No, it quickly runs away.
401
00:26:17,745 --> 00:26:17,955
Okay.
402
00:26:17,955 --> 00:26:20,985
Now we wait, what do we wait for price
to come back down and to the last down
403
00:26:20,985 --> 00:26:23,805
candle here we look for the return.
404
00:26:23,805 --> 00:26:24,645
Back to that range.
405
00:26:25,185 --> 00:26:27,375
Does it want to run
after it takes this low?
406
00:26:27,405 --> 00:26:31,815
Certainly in once the run runs higher
and every time it takes out a new high
407
00:26:32,145 --> 00:26:36,615
it's showing willingness to go higher,
it's giving us a confirmation that
408
00:26:36,615 --> 00:26:38,595
there's underlying strength in this.
409
00:26:40,155 --> 00:26:44,325
Even if there's going to be like steep
declines like this, this is all in the
410
00:26:44,325 --> 00:26:47,595
heels going into, uh, uh, the election.
411
00:26:47,595 --> 00:26:49,155
Again, I can't stress this enough.
412
00:26:49,635 --> 00:26:51,705
That's the reason why I was
on the sidelines the entire
413
00:26:51,795 --> 00:26:53,715
first two weeks of November.
414
00:26:53,715 --> 00:26:57,225
I just didn't want to be
trading because of the potential
415
00:26:57,225 --> 00:26:58,665
fallout or the uncertainty.
416
00:26:59,565 --> 00:27:00,675
And that's okay with me.
417
00:27:00,675 --> 00:27:03,345
I have no problem being on the
sidelines for a short period of time.
418
00:27:03,375 --> 00:27:04,335
It allows me clarity.
419
00:27:06,900 --> 00:27:11,550
Um, we had a really nice spot here
on Wednesday of that week and is
420
00:27:11,550 --> 00:27:14,280
pointing out the salient price
swings that took place each week.
421
00:27:15,090 --> 00:27:18,750
We had a nice buy on the Wednesday
here, and we had nice bio on
422
00:27:18,810 --> 00:27:20,940
a Friday for a position entry.
423
00:27:22,320 --> 00:27:24,720
Nice retracement here,
real aggressive retrace.
424
00:27:24,720 --> 00:27:27,480
And now watch, we don't know what's
over here yet, but when price
425
00:27:27,480 --> 00:27:32,550
dove down like this down into
the 100 and twenties, what's it
426
00:27:32,550 --> 00:27:35,910
looking for to the left, whatever.
427
00:27:40,080 --> 00:27:45,510
It's returning back to this
level over here, right there.
428
00:27:49,219 --> 00:27:50,449
It turns to that full shoulder block.
429
00:27:51,949 --> 00:27:53,510
Does it show willing someone to rally up
430
00:27:57,860 --> 00:27:58,790
to every week?
431
00:27:58,969 --> 00:28:00,800
There's been one set of.
432
00:28:01,950 --> 00:28:03,030
Been here we sell price.
433
00:28:03,030 --> 00:28:06,360
Rally away comes back down to the
previous order block and rallies through.
434
00:28:07,110 --> 00:28:10,560
It's not that you're trying to capture
every piece of the weekly range.
435
00:28:10,560 --> 00:28:11,370
That's not what I mean.
436
00:28:11,430 --> 00:28:13,050
That's not being illustrated here.
437
00:28:13,530 --> 00:28:15,600
What I'm showing you is, is
how you can find one set up.
438
00:28:16,500 --> 00:28:19,320
It doesn't require you to have
the full, entire weekly range.
439
00:28:19,710 --> 00:28:23,100
I will go into discussions about how
you get the weekly range, but for this
440
00:28:23,550 --> 00:28:27,750
teaching here, I want you to think
about how you can frame the larger time.
441
00:28:28,965 --> 00:28:30,104
Where the market should be going.
442
00:28:30,705 --> 00:28:35,024
And then how it helps you define what
a low resistance liquidity run would be
443
00:28:35,715 --> 00:28:38,084
versus a high resistance liquidity run.
444
00:28:42,044 --> 00:28:45,794
All of this area down here is where
the market traded down into on a
445
00:28:45,794 --> 00:28:50,475
monthly chart clearing out that equal,
low, and we'll leave that little
446
00:28:53,715 --> 00:28:54,764
area there on the chart.
447
00:28:55,784 --> 00:28:56,685
It's all down in here.
448
00:28:56,685 --> 00:28:57,435
Once you cleared all this.
449
00:29:01,425 --> 00:29:04,905
All these loads were cleared out in
here in price rallied up aggressively.
450
00:29:05,985 --> 00:29:06,345
Okay.
451
00:29:06,645 --> 00:29:12,225
So when we take these ideas from the
higher timeframe and we transpose them
452
00:29:12,225 --> 00:29:16,575
onto the lower timeframes, every time
we expect to see the market, right.
453
00:29:17,820 --> 00:29:21,690
What we're looking for is a willingness
to have very little resistance because
454
00:29:22,050 --> 00:29:25,680
the underlying market pinnings that
are bullish on a higher timeframe.
455
00:29:25,680 --> 00:29:29,040
So if the monthly charts bullish,
there's going to be no problem at all,
456
00:29:29,040 --> 00:29:32,159
trying to smash through short-term
highs because the market's going to
457
00:29:32,159 --> 00:29:35,040
be really driven by higher end money.
458
00:29:35,370 --> 00:29:41,250
So the monthly chart being the key
player in your trades on framing,
459
00:29:42,210 --> 00:29:43,740
low resistance, liquidity runs.
460
00:29:43,950 --> 00:29:46,409
Where's the marketplace
seeking to go on the month.
461
00:29:47,729 --> 00:29:52,139
If he can't ascertain where the
market's going on a monthly, you just
462
00:29:52,139 --> 00:29:53,610
simply drop down until a weekly chart.
463
00:29:54,000 --> 00:29:58,590
And by dropping down into a weekly, you
can still see these areas at which the
464
00:29:58,590 --> 00:30:03,149
market should be, um, inclined to trade
up into the closing, because again,
465
00:30:03,600 --> 00:30:05,429
they only offered price on the downside.
466
00:30:06,060 --> 00:30:08,669
We saw price breaking
short-term highs here.
467
00:30:09,060 --> 00:30:10,409
Then this high was broken here.
468
00:30:10,620 --> 00:30:11,370
So we have a potential.
469
00:30:13,085 --> 00:30:16,625
Market-maker by profile where it's
going to want to go back up into
470
00:30:16,625 --> 00:30:20,735
areas of institutional order flow
over here in this consolidation.
471
00:30:21,635 --> 00:30:24,635
But there's a fair value gap before
you get to that point right in here.
472
00:30:25,565 --> 00:30:27,395
And that's where you sell price
treated right up into that.
473
00:30:27,605 --> 00:30:36,515
Then one 15, uh, 25 to 1 15 75,
a reasonable upside objective all
474
00:30:36,515 --> 00:30:41,285
through here all the way through
here for dollar based payer.
475
00:30:42,210 --> 00:30:47,100
That have the dollar on the front of their
name, like dollar yen or dollar swissy.
476
00:30:47,550 --> 00:30:47,879
Okay.
477
00:30:47,910 --> 00:30:51,120
Those pairs should have been
seen strength because of the
478
00:30:51,120 --> 00:30:52,590
underlying strength in the dollar.
479
00:30:54,570 --> 00:30:59,580
So in summary to make it a little bit
more easier to understand, because I was a
480
00:30:59,580 --> 00:31:05,250
very broad brush with a lot of the ideas,
but I want you to study this because it
481
00:31:05,250 --> 00:31:11,550
helps you get to why I look at certain
trades as low resistance liquidity runs.
482
00:31:12,510 --> 00:31:16,020
And that way, if you understand what
a low resistance liquidity run is, you
483
00:31:16,020 --> 00:31:18,540
will know what your trades are not.
484
00:31:19,620 --> 00:31:22,230
In terms of a high
resistance liquidity run.
485
00:31:22,350 --> 00:31:25,320
You don't want that to be a trade
you're trying to take, you want to
486
00:31:25,320 --> 00:31:27,120
be trading with the least resistance.
487
00:31:28,500 --> 00:31:30,990
So every time we looked to be a
buyer on a retracement, back to
488
00:31:30,990 --> 00:31:34,500
a previous order block, we want
to see that high being taken out.
489
00:31:35,010 --> 00:31:38,220
But if we're trading against a
hard timeframe and there's no
490
00:31:38,220 --> 00:31:39,690
real reason to see the funds.
491
00:31:40,560 --> 00:31:41,070
Okay.
492
00:31:41,400 --> 00:31:44,970
Move the marketplace to those levels.
493
00:31:45,000 --> 00:31:47,940
It's not going to be a low
resistance liquidity run.
494
00:31:47,940 --> 00:31:49,680
It's going to be a high
resistance liquidity ground.
495
00:31:49,740 --> 00:31:53,400
And they're the types of trades
that you sit in too long, or
496
00:31:53,400 --> 00:31:54,540
they don't pan out right away.
497
00:31:54,540 --> 00:31:59,280
Or they turn right around on you and bite
you in the rear end and stop you out.
498
00:32:00,420 --> 00:32:00,690
So.
499
00:32:02,785 --> 00:32:04,855
And simple terms.
500
00:32:04,915 --> 00:32:06,865
Let's give you a little
cheat sheet list here.
501
00:32:07,165 --> 00:32:07,555
Okay.
502
00:32:08,155 --> 00:32:11,335
You want to be looking at a monthly
chart or weekly chart and determine
503
00:32:11,335 --> 00:32:14,455
where is the market more likely to go to?
504
00:32:14,995 --> 00:32:18,715
And by having that idea that if
we're bullish on the monthly or
505
00:32:18,715 --> 00:32:26,845
weekly demo, we'll be looking for buy
signal by signals on the lower time.
506
00:32:27,659 --> 00:32:29,430
Like the daily, the
four hour and one hour.
507
00:32:29,580 --> 00:32:33,690
And we will be looking for bullish
order box or turtle soup lungs
508
00:32:34,500 --> 00:32:38,220
with the expectation that any
short-term highs on those timeframes,
509
00:32:38,790 --> 00:32:39,930
that's where the objective is.
510
00:32:40,110 --> 00:32:45,419
Now, let's assume for a moment that
you're looking at a hourly chart and
511
00:32:45,450 --> 00:32:52,680
your underlying asset direction bias is
bullish on the monthly and weekly or, or
512
00:32:53,010 --> 00:32:56,460
one or the other, but either one of them
has to give you that directional bias.
513
00:32:57,210 --> 00:33:04,200
If the directional bias is bullish and
you see an hourly chart, give you a return
514
00:33:04,200 --> 00:33:10,110
back to what would be otherwise seen as a
bullish or block, but the high in between
515
00:33:10,650 --> 00:33:16,080
the range low and the high they retraced
from, if it's only 20 pips, is that a
516
00:33:16,080 --> 00:33:21,570
trade that would be viewed as something
that you would take in my opinion?
517
00:33:21,570 --> 00:33:23,610
No, because the range is only 20.
518
00:33:24,375 --> 00:33:30,075
When it returns back to the previous order
block, for instance, if this is say an
519
00:33:30,105 --> 00:33:35,445
hourly chart or, uh, uh, media, 15 minute
timeframe, and this is the range you're
520
00:33:35,445 --> 00:33:40,095
looking at here, this retracement, if the
range is only from the order block where
521
00:33:40,095 --> 00:33:44,775
you would be buying up to the high in
between, if that's only 20 pips, are you
522
00:33:44,775 --> 00:33:46,155
going to be taking that type of trade?
523
00:33:47,295 --> 00:33:50,235
My opinion would be no, I
wouldn't personally take that
524
00:33:50,235 --> 00:33:53,025
trade, but if I saw a swing.
525
00:33:54,030 --> 00:33:58,139
Uh, say this low here and up to this
high here and there was an order block.
526
00:33:58,150 --> 00:34:00,480
They allow me to get into
it down in this point here.
527
00:34:00,990 --> 00:34:05,730
If I could take that trade and it say
this was 40 pips, that would be a trade
528
00:34:05,730 --> 00:34:09,389
I want to take because if that's 40
pips from where the highest and where
529
00:34:09,389 --> 00:34:13,199
the order block entry would be, that
means I can potentially have 40 pips
530
00:34:13,199 --> 00:34:18,989
in profit because I'm going to try to
get out with a run above that high and
531
00:34:18,989 --> 00:34:22,560
exiting where the buy sauce would be
in the form of a low resistance liquid.
532
00:34:23,775 --> 00:34:29,384
Because I'm trading inside of the
monthly and weekly range, that would
533
00:34:29,384 --> 00:34:35,444
be viewed as internal range liquidity,
which has very little resistance
534
00:34:36,585 --> 00:34:38,384
on the trade, on a lower timeframe.
535
00:34:38,775 --> 00:34:42,764
Many folks would see that as resistance
so that it's going to hold back price,
536
00:34:43,335 --> 00:34:46,094
but on the monthly and the weekly
chart it's indicated, and once it go
537
00:34:46,094 --> 00:34:49,545
higher, so it's going to have very
little difficult to get through it, but.
538
00:34:50,310 --> 00:34:54,270
Precursor is you want to look at price
swings, they offer about 40 pips.
539
00:34:54,630 --> 00:34:59,100
If you can see anything at 40 pips or
higher in looking for a retracement to
540
00:34:59,100 --> 00:35:03,960
go along on that, that gives you, uh,
a reasonable first profit objective.
541
00:35:04,410 --> 00:35:10,140
Now, obviously if you go out to a larger
timeframe, okay, use bigger price swings.
542
00:35:10,380 --> 00:35:15,990
That gives you a lot more depth in terms
of what you can pull out in terms of pips.
543
00:35:16,530 --> 00:35:18,840
So if you're looking for say, you're
a trader that you want to have.
544
00:35:19,650 --> 00:35:21,690
Uh, nothing less than 50 pips.
545
00:35:22,020 --> 00:35:22,320
Okay.
546
00:35:22,320 --> 00:35:23,100
Well, that's great.
547
00:35:23,130 --> 00:35:30,510
You use a 30 minute or 60 minute chart and
dial in looking at your marketplace for
548
00:35:30,510 --> 00:35:32,490
bicycles, that set up those price swings.
549
00:35:32,550 --> 00:35:36,450
So in order to, if we have price,
uh, impulse price, swing like this
550
00:35:36,510 --> 00:35:38,940
and say this was a hourly chart.
551
00:35:39,480 --> 00:35:39,780
Okay.
552
00:35:39,780 --> 00:35:42,570
This in this range would be
from this high down to that low.
553
00:35:42,960 --> 00:35:44,100
If that was 50 pips.
554
00:35:44,955 --> 00:35:47,415
That would be a wonderful
opportunity for you to get your
555
00:35:47,445 --> 00:35:49,395
classic 50 pips or more set up.
556
00:35:49,875 --> 00:35:53,805
So if you have a weekly objective, let's
just say, um, you've done the numbers.
557
00:35:53,925 --> 00:35:58,904
You've worked it out where you want
to make, um, 10% of, um, And you
558
00:35:58,904 --> 00:36:02,984
figured out that, uh, to get 10% a
month, you need to make a 50 pips
559
00:36:02,984 --> 00:36:04,424
on whatever equity base you have.
560
00:36:04,845 --> 00:36:05,205
Okay.
561
00:36:05,504 --> 00:36:08,415
And you figured out how many pips
you have to have, what your stop loss
562
00:36:08,415 --> 00:36:09,794
has to be, blah, blah, blah, ends up.
563
00:36:09,915 --> 00:36:12,794
You just want to hit that number
and 50 pips will get you there.
564
00:36:13,455 --> 00:36:17,595
So what you do is you want to look
for ranges to have 50 pips or more
565
00:36:17,654 --> 00:36:20,625
preferably about 75 to 80 pips.
566
00:36:20,625 --> 00:36:23,774
It was perfect because even if it
doesn't even break their range and go
567
00:36:23,774 --> 00:36:27,254
up above this old high, it still gives
you the opportunity to get that 50.
568
00:36:28,305 --> 00:36:31,275
So don't think just because I'm saying
that we had to be a buyer down here
569
00:36:31,575 --> 00:36:36,105
and looking for exit above the old
high that you can't get all of your
570
00:36:36,105 --> 00:36:38,325
objective and your goal inside the range.
571
00:36:38,355 --> 00:36:42,435
Because again, that's, that's the
beauty of trading price action, because
572
00:36:42,435 --> 00:36:44,085
you don't need the range to break.
573
00:36:44,325 --> 00:36:47,595
If you frame the right swing, you don't
need the range that you're trading in
574
00:36:47,775 --> 00:36:51,255
to break to the new wildly profitable.
575
00:36:52,035 --> 00:36:56,415
You don't need it to move well
beyond the, a range high either.
576
00:36:56,415 --> 00:36:56,835
If you're looking for.
577
00:36:57,930 --> 00:36:58,200
No worries.
578
00:36:58,200 --> 00:37:00,779
If you just want to see it, like
you didn't need it to do all this.
579
00:37:01,290 --> 00:37:03,840
If you were buying down here in
the range from this high down to
580
00:37:03,840 --> 00:37:06,240
the low, where you're trying to
buy, let's say a hundred pips.
581
00:37:06,810 --> 00:37:09,420
You can handsomely take 75 pips
out of that and not even get the
582
00:37:09,420 --> 00:37:12,180
full range, but you can't do that.
583
00:37:12,180 --> 00:37:17,520
If you try to do every entry on
every 30 Pitt price link or 25 pit
584
00:37:17,520 --> 00:37:21,060
pipe, uh, price only because you're,
you're trying to get in right now and
585
00:37:21,060 --> 00:37:21,900
you're looking for anything to get.
586
00:37:22,815 --> 00:37:25,875
If you're much more selective on
your setups, you're going to treat
587
00:37:25,875 --> 00:37:28,785
a lot less, but your setups are
going to be a lot more choice.
588
00:37:28,785 --> 00:37:30,495
They're going to be more potent.
589
00:37:30,765 --> 00:37:34,695
They're going to have a lot more
likelihood of painting out for you
590
00:37:34,725 --> 00:37:37,905
in your favor, but you can't do that.
591
00:37:38,654 --> 00:37:39,134
Okay.
592
00:37:39,134 --> 00:37:44,564
If you trade every single setup in
every timeframe, you got to pick a
593
00:37:44,564 --> 00:37:47,325
timeframe that fits what your model is.
594
00:37:47,865 --> 00:37:51,555
If you're trying to get, you
know, 250 pips, you know, um, um,
595
00:37:51,645 --> 00:37:53,415
over a course of two weeks or so.
596
00:37:53,595 --> 00:37:54,015
Okay.
597
00:37:54,375 --> 00:37:57,944
You're not going to get that training
on a five minute chart and looking for
598
00:37:57,944 --> 00:38:01,305
those types of price swings, you need
to be living on a four hour chart or a
599
00:38:01,305 --> 00:38:06,585
daily chart and trading those price swings
and looking for those, uh, those levels.
600
00:38:07,680 --> 00:38:12,330
And that'll give you those types of
objectives and returns, but to give
601
00:38:12,330 --> 00:38:16,290
us multiple examples on a day-by-day
basis, I use a 15 minute timeframe
602
00:38:16,290 --> 00:38:19,800
in today to show you how many times
you can see something setting up.
603
00:38:20,070 --> 00:38:24,660
And while it won't always deliver five
to one or three to one, even sometimes it
604
00:38:24,660 --> 00:38:26,730
will deliver a lot of price action study.
605
00:38:26,910 --> 00:38:29,040
And then we move out to a hard
timeframe where we're only
606
00:38:29,040 --> 00:38:30,450
working off of an hourly chart.
607
00:38:30,990 --> 00:38:31,890
It'll give us a great more.
608
00:38:33,465 --> 00:38:36,375
Opportunity to talk about how
the moves that take place.
609
00:38:36,375 --> 00:38:39,165
That move a lot more than 30, 40, 50 pips.
610
00:38:39,525 --> 00:38:42,315
We can get into the range
of a hundred, 150 pips.
611
00:38:42,735 --> 00:38:43,065
Okay.
612
00:38:43,065 --> 00:38:45,285
Those types of setups, they're more
fun, but you have to sit on your
613
00:38:45,285 --> 00:38:46,125
hands and wait a little bit more.
614
00:38:46,375 --> 00:38:47,655
It's not much more than that.
615
00:38:47,655 --> 00:38:48,385
Sit and wait, but.
616
00:38:49,425 --> 00:38:53,535
At framing, the ideas with the hard
timeframe, monthly and weekly in
617
00:38:53,535 --> 00:38:58,365
determining where they want to go, keeping
that perspective in mind, every time we
618
00:38:58,365 --> 00:39:02,175
look at an old high and we're bullish
on these lower timeframes, what that's
619
00:39:02,175 --> 00:39:06,735
going to do is it's going to build a model
where we can see clearly that it's a low
620
00:39:06,735 --> 00:39:08,535
resistance liquidity Ryan, when we buy.
621
00:39:09,105 --> 00:39:12,735
And we don't have any fear of looking
at that as a resistance level,
622
00:39:12,735 --> 00:39:13,935
or this is a resistance level.
623
00:39:14,175 --> 00:39:17,625
We will see the market, want to draw it
to those levels because there's, Bystolic.
624
00:39:18,735 --> 00:39:20,745
That's why the market's
wanting to go there.
625
00:39:21,075 --> 00:39:23,235
You see how quickly it tries
to get to that level here.
626
00:39:23,445 --> 00:39:26,175
And then once this has taken
place, what does it do?
627
00:39:26,175 --> 00:39:27,285
It doesn't waste any time.
628
00:39:27,285 --> 00:39:31,785
It quickly gets up there above
this high, and then ultimately runs
629
00:39:31,875 --> 00:39:33,285
aggressively into this high here.
630
00:39:33,345 --> 00:39:37,485
If we were bearish on the monthly
chart, when weekly chart, we will
631
00:39:37,485 --> 00:39:39,765
be looking for the opposite, we
would be looking for retracements
632
00:39:39,765 --> 00:39:42,165
higher and making low resistance.
633
00:39:42,195 --> 00:39:45,075
Liquidly runs the break below a swing.
634
00:39:46,440 --> 00:39:53,490
And we would look for price swings of
50 I'm sorry, 40 pits, or more as a
635
00:39:53,910 --> 00:39:59,730
high opportunity to tie odds opportunity
for a day trade or a short-term trade.
636
00:40:00,480 --> 00:40:04,110
If we use an hourly chart, we
could have a little bit more, uh,
637
00:40:04,110 --> 00:40:07,200
potential range in terms of pips,
potentially 75 to a hundred pitches.
638
00:40:08,920 --> 00:40:11,710
And that'll give you the ideal
setups that you will be looking
639
00:40:11,710 --> 00:40:12,850
for if that's your objective.
640
00:40:13,330 --> 00:40:17,950
So a lot of folks that are in this
mentorship and those that are even
641
00:40:17,950 --> 00:40:22,780
outside of mentorship, you know, my email
box gets littered with, can you tell
642
00:40:22,780 --> 00:40:25,060
me how to make a hundred pips a week?
643
00:40:25,690 --> 00:40:26,050
Okay.
644
00:40:26,050 --> 00:40:26,680
That's easy.
645
00:40:27,010 --> 00:40:29,500
What you need to do is you need
to treat a four hour or one hour
646
00:40:29,500 --> 00:40:31,600
chart and nothing less, that's it.
647
00:40:31,660 --> 00:40:32,200
That's all you gotta do.
648
00:40:32,950 --> 00:40:33,340
And you will.
649
00:40:34,095 --> 00:40:37,005
And you look for scenarios across
all the majors and you'll find a
650
00:40:37,005 --> 00:40:41,595
hundred pips price swing every single
week, but that has to be your model.
651
00:40:41,655 --> 00:40:43,575
It can't be because I just said
it and you go out there and start
652
00:40:43,575 --> 00:40:44,535
trying to force it to happen.
653
00:40:44,895 --> 00:40:46,065
If you don't have the.
654
00:40:46,980 --> 00:40:49,020
The psyche that do that.
655
00:40:49,080 --> 00:40:52,950
It's not going to work, but having
these hard timeframe charts and
656
00:40:52,980 --> 00:40:57,509
give you that directional bias where
it's going to go, it helps you frame
657
00:40:57,660 --> 00:41:01,380
whether the trade you're going to
be taking is in fact really a low
658
00:41:01,380 --> 00:41:04,830
resistance liquidity run, or is it
really a high resistance, a poorly run?
659
00:41:05,580 --> 00:41:09,390
If you develop your skillsets
on the higher timeframe.
660
00:41:10,455 --> 00:41:13,725
It's the same thing we do on a lower
timeframe, but focusing primarily on
661
00:41:13,725 --> 00:41:16,065
what the directional bias is going to
be on these higher timeframe, monthly
662
00:41:16,065 --> 00:41:21,825
and weekly, it will help you resist the
urge to do those many time where you
663
00:41:21,825 --> 00:41:25,565
go in there and you do a trade because
you get impulsive or you just did.
664
00:41:25,605 --> 00:41:27,615
I don't even know why you did
it and because I've done it too,
665
00:41:27,945 --> 00:41:28,635
you're looking at the charts.
666
00:41:28,665 --> 00:41:31,305
Um, I'll, I'll buy it
now or I'll sell it now.
667
00:41:32,235 --> 00:41:35,145
And you didn't take any consideration
into what a hard timeframe charts.
668
00:41:36,150 --> 00:41:38,279
And all of a sudden, it
just rockets the other way.
669
00:41:38,279 --> 00:41:39,930
And then you look back, you
know, a week later it's oh,
670
00:41:39,930 --> 00:41:41,040
there it was, it was hindsight.
671
00:41:41,040 --> 00:41:41,460
Perfect.
672
00:41:41,790 --> 00:41:42,240
2020.
673
00:41:42,240 --> 00:41:43,830
I should've did this opposite.
674
00:41:44,940 --> 00:41:48,630
If you stay in the directional bias
that the monthly weekly tell you
675
00:41:48,630 --> 00:41:53,970
that you should be doing every trade
that you frame has a higher odds of
676
00:41:53,970 --> 00:41:56,250
being a low resistance liquidity run.
677
00:41:57,330 --> 00:42:00,390
That's all we do with a
market maker perspective.
678
00:42:00,570 --> 00:42:04,420
We go in looking for that because
they're driving price to where the.
679
00:42:05,774 --> 00:42:07,515
And it's not random
where these orders are.
680
00:42:07,544 --> 00:42:11,024
There logical locations when
it's bullish, the market's going
681
00:42:11,024 --> 00:42:12,674
to go above short-term highs.
682
00:42:13,035 --> 00:42:15,044
How far over what?
683
00:42:15,075 --> 00:42:16,004
When's the last high?
684
00:42:16,424 --> 00:42:19,785
We never knew that we just know each time.
685
00:42:19,995 --> 00:42:23,595
This is a range from this high down
to this low it trades through it.
686
00:42:23,595 --> 00:42:23,865
Okay.
687
00:42:23,865 --> 00:42:24,855
So now what's in the range.
688
00:42:24,884 --> 00:42:26,055
This low, this.
689
00:42:27,120 --> 00:42:28,500
Well, it broke that what's the new range.
690
00:42:28,500 --> 00:42:28,740
Okay.
691
00:42:28,740 --> 00:42:32,910
Well, this low to this high up here and
in this fair value, got if it trades
692
00:42:32,910 --> 00:42:37,440
on through, we know we're looking for
return back to this up candle here,
693
00:42:37,680 --> 00:42:42,930
and then maybe these highs here and
ultimately above 1 25, 77, we don't ever
694
00:42:42,930 --> 00:42:45,029
try to call a high in the marketplace.
695
00:42:45,090 --> 00:42:46,110
That's not what we're trying to do.
696
00:42:46,799 --> 00:42:49,080
This was a logical area on
the monthly chart to trade to.
697
00:42:51,330 --> 00:42:55,890
So after it did that, we now have
to evaluate, does it have more
698
00:42:56,010 --> 00:43:01,470
willingness to keep going higher or
would it be more prudent for it really
699
00:43:01,740 --> 00:43:03,360
to go into a consolidation here?
700
00:43:03,370 --> 00:43:06,930
And I think logically it
should, but the market's going
701
00:43:06,930 --> 00:43:07,710
to do what it's going to do.
702
00:43:08,070 --> 00:43:11,760
But in this module, the aim
was to get your mindset on a
703
00:43:11,760 --> 00:43:13,140
monthly or weekly capacity.
704
00:43:13,830 --> 00:43:16,500
And that way, when you go into
a lower timeframes, every trade
705
00:43:16,500 --> 00:43:19,320
center you trade with in that
directional bias on the monthly and.
706
00:43:20,910 --> 00:43:25,830
We'll help you find the low resistance
liquidity runs that you're looking for.
707
00:43:26,340 --> 00:43:27,960
They are the high probability setups.
708
00:43:28,380 --> 00:43:30,330
They're the ones that have
the immediate payouts.
709
00:43:30,660 --> 00:43:33,960
They're the ones that gave you the
immediate responsiveness to your
710
00:43:33,960 --> 00:43:36,120
entries and has very little draw down.
711
00:43:36,300 --> 00:43:37,500
And that's your goal as a trader.
712
00:43:37,500 --> 00:43:38,970
You want to be trading
in that environment.
713
00:43:39,030 --> 00:43:41,910
So with that guy to wish
you good luck and Katrina.
61653
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