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These are the user uploaded subtitles that are being translated: 1 00:00:01,740 --> 00:00:02,160 Okay folks. 2 00:00:02,160 --> 00:00:02,850 Welcome back. 3 00:00:03,600 --> 00:00:07,230 Uh, this morning, we're going to be looking at the Canadian 4 00:00:07,230 --> 00:00:10,680 dollar, uh, eight 30 New York time. 5 00:00:11,250 --> 00:00:16,200 We have wholesale sales coming out to a medium impact and outside of that, 6 00:00:16,200 --> 00:00:21,000 there's really nothing else for this morning until, uh, draggy puts a drag 7 00:00:21,000 --> 00:00:25,230 on the market who knows you may spur some kind of a movement, but the. 8 00:00:26,145 --> 00:00:29,685 The focus for, to this morning is the Canadian dollar. 9 00:00:31,395 --> 00:00:35,145 We're gonna start with our view of the dollar index. 10 00:00:35,505 --> 00:00:35,925 Okay. 11 00:00:36,075 --> 00:00:38,265 And we're looking at the dollar. 12 00:00:38,535 --> 00:00:43,095 Uh, we've had a stellar run so far for the dollar coming. 13 00:00:43,105 --> 00:00:45,285 It's been run for days. 14 00:00:46,205 --> 00:00:51,915 This is the first day we've seen any significant pullback and we could really 15 00:00:51,915 --> 00:00:53,865 come Molly back down into that 150. 16 00:00:54,839 --> 00:00:57,870 And it would still be healthy for the, uh, the upswing. 17 00:00:59,849 --> 00:01:05,759 And if that happens, we have a bit of a range to close in on 18 00:01:05,759 --> 00:01:07,200 the hourly chart if we see that. 19 00:01:07,679 --> 00:01:07,979 Okay. 20 00:01:07,979 --> 00:01:14,039 So we have a little bit of that Lloyd exposed in here, sort of highlight that. 21 00:01:14,400 --> 00:01:14,729 Okay. 22 00:01:15,690 --> 00:01:17,820 And we have some stops below this low here. 23 00:01:19,304 --> 00:01:21,435 And again, I'm not trying to pick the top on the dollar. 24 00:01:22,005 --> 00:01:25,695 Um, I suspect that we're probably going to reach as it is right now. 25 00:01:25,995 --> 00:01:28,365 It looks like it's still may reach up into that one or two level. 26 00:01:29,715 --> 00:01:32,145 So I don't, I don't want to call it top of the dollar because 27 00:01:32,145 --> 00:01:34,485 it's too, it's a primary market. 28 00:01:34,634 --> 00:01:39,884 Um, you don't want to try to do that, and we're not talking about Euro today, 29 00:01:39,884 --> 00:01:41,175 but I just want to go over real quickly. 30 00:01:41,384 --> 00:01:45,104 We're seeing also a nice little retracing as well. 31 00:01:45,104 --> 00:01:45,435 It's been. 32 00:01:47,285 --> 00:01:49,415 On a torrential landslide. 33 00:01:50,045 --> 00:01:53,705 We have a bit of a range up in here that we can close in and return 34 00:01:53,715 --> 00:01:56,315 back to a breaker in here as well. 35 00:01:56,315 --> 00:02:00,815 So let me note that while we're looking at it as a side note, 36 00:02:00,845 --> 00:02:06,005 additionally, um, folks are looking for the London sessions on Mondays. 37 00:02:07,055 --> 00:02:12,755 London will not ever be a session with us on Mondays. 38 00:02:12,905 --> 00:02:14,015 Uh, is I just don't do it. 39 00:02:14,820 --> 00:02:17,220 So we won't have one in sessions on, like I said, at the beginning 40 00:02:17,220 --> 00:02:19,230 of our, our mentorship program. 41 00:02:20,400 --> 00:02:26,340 So Mondays we'll do a New York session at best, and then Tuesday starts 42 00:02:26,340 --> 00:02:28,230 to London session schedule again. 43 00:02:29,880 --> 00:02:30,240 Okay. 44 00:02:30,240 --> 00:02:35,940 So cable has traded up into it's breaker series of two down 45 00:02:35,940 --> 00:02:37,680 days in here, two down candles. 46 00:02:38,460 --> 00:02:40,020 We've traded up into that. 47 00:02:40,080 --> 00:02:43,230 Now we've also closed in this book. 48 00:02:44,010 --> 00:02:49,110 So for your study, not that today's focusing on the cable, but you 49 00:02:49,110 --> 00:02:59,820 could do a, some exercises here for a run into 24, 10 high-end yeah. 50 00:02:59,850 --> 00:03:06,270 24 10 in this area in here, you can do, uh, an exercise looking for a bear shorter 51 00:03:06,270 --> 00:03:08,370 block on a five or 15 minute timeframe. 52 00:03:09,940 --> 00:03:12,600 If you can get that city can get a short one. 53 00:03:13,880 --> 00:03:17,240 Just for an intraday session, mood, not trying to capture a big, 54 00:03:17,270 --> 00:03:23,270 huge move, and you'd be exercising on the daily breaker over here. 55 00:03:24,680 --> 00:03:27,440 Again, you got to wait for the lower timeframe, bear shorter block. 56 00:03:27,620 --> 00:03:29,360 Don't just do it because we're trading up into it. 57 00:03:29,930 --> 00:03:30,940 Let me give you an indication. 58 00:03:30,950 --> 00:03:34,340 It wants to come down and then use those lower timeframe, 15 or five 59 00:03:34,340 --> 00:03:41,180 minute charts to facilitate that bear or block and look for about 20 minutes. 60 00:03:43,230 --> 00:03:50,130 If you can get it on today, this is where we're focusing on the dollar CAD. 61 00:03:51,990 --> 00:03:56,550 Now, what I see is that we've traded down into the last down 62 00:03:56,550 --> 00:03:57,600 candle on the daily chart. 63 00:03:58,650 --> 00:04:02,820 We had nice respect of about mean threshold of that down candles body. 64 00:04:04,740 --> 00:04:06,390 We've seen our initial reaction. 65 00:04:08,690 --> 00:04:11,510 We've already treated above the midnight candles, opening price, 66 00:04:11,510 --> 00:04:13,700 at least one time portrayed. 67 00:04:13,700 --> 00:04:20,300 Now at the last down candle of the day, we've also closed in essentially this 68 00:04:20,390 --> 00:04:22,640 void by coming all the way down here. 69 00:04:22,640 --> 00:04:31,280 So that was all this movement down has closed in essentially this void where it 70 00:04:31,280 --> 00:04:33,260 quickly ran away from this consolidation. 71 00:04:33,620 --> 00:04:35,450 We went back down into that consolidation here. 72 00:04:36,765 --> 00:04:41,445 The areas of liquidity are these equal highs 73 00:04:45,885 --> 00:04:47,414 and below the lows over here. 74 00:04:49,604 --> 00:04:52,275 So I'm going to put horizontal lines on that, just to delineate 75 00:04:56,294 --> 00:05:03,615 where those respective stop levels are and that we are currently in side that 76 00:05:03,615 --> 00:05:05,445 range, the ranges turn this high up. 77 00:05:06,660 --> 00:05:10,740 And this low down here now we're in essentially what would be considered 78 00:05:10,740 --> 00:05:21,090 discount the low up to the high we're below equilibrium or midway point of that? 79 00:05:23,640 --> 00:05:26,400 I'll show you what the fed, not that the fed is doing any magic here. 80 00:05:27,030 --> 00:05:31,800 It's just illustrating graphically that we are below equilibrium. 81 00:05:32,640 --> 00:05:32,880 Okay. 82 00:05:32,880 --> 00:05:34,740 Went right down to the 79% retracement level. 83 00:05:35,655 --> 00:05:37,665 We're inside the Bush order block here. 84 00:05:42,585 --> 00:05:44,175 So I'm looking for is 85 00:05:47,175 --> 00:05:50,925 an indication that it wants to try to go back up into and close 86 00:05:50,925 --> 00:05:53,835 at least this little portion 87 00:05:58,245 --> 00:05:59,085 that's still exposed. 88 00:06:03,765 --> 00:06:07,035 And here, the reason why I'm highly nice this down candle 89 00:06:07,435 --> 00:06:08,625 going just a little bit tighter. 90 00:06:10,095 --> 00:06:15,405 This down candles, low 34 94, Ms. 91 00:06:15,405 --> 00:06:16,335 Candles, high 92 00:06:19,695 --> 00:06:20,655 34 90. 93 00:06:21,165 --> 00:06:24,225 It's just four pips, but it's not, it didn't fill that in. 94 00:06:25,785 --> 00:06:27,155 So it may want to spike up in their own. 95 00:06:28,890 --> 00:06:32,550 And if it spikes there, we're going to take a look at the dollar index 96 00:06:32,550 --> 00:06:34,860 and see if it's going to put a weight on it to drive it down and 97 00:06:34,860 --> 00:06:39,630 get those cell stops over here. 98 00:06:41,760 --> 00:06:49,350 If we drive down on the news at eight 30 or, and see if it gets to the stops 99 00:06:49,350 --> 00:06:55,740 at 34 even, and then if it pulls up a shorter block, we'll aim for this. 100 00:06:56,775 --> 00:06:58,275 Up here as an outside objective. 101 00:06:59,025 --> 00:07:02,715 So basically we're waiting for the news to come out and give us an 102 00:07:02,715 --> 00:07:06,045 indication what side it wants to reach for, because the stops are a good 103 00:07:06,045 --> 00:07:08,055 distance away on the, on the buy-side. 104 00:07:09,525 --> 00:07:15,195 And we're real close to proximity on the cell stops. 105 00:07:20,355 --> 00:07:25,695 Now on a daily chart basis, only it looks like it will favor. 106 00:07:27,150 --> 00:07:32,520 The long side, if that means it should expand into this area here, 107 00:07:34,830 --> 00:07:39,630 that's what it looks like here, but we'll, we'll, we'll wait and see 108 00:07:39,630 --> 00:07:41,850 what the, uh, the news release does. 109 00:07:43,620 --> 00:07:45,000 Figure out what we want to do with it. 110 00:07:45,450 --> 00:07:50,520 And then we'll put a trade on if it doesn't fit some kind of, uh, 111 00:07:52,500 --> 00:07:53,640 any outcome we just described. 112 00:07:55,350 --> 00:07:56,400 And wants to trade zone. 113 00:07:56,520 --> 00:07:57,540 We'll manage it through Twitter. 114 00:07:59,610 --> 00:08:02,490 So while I'm thinking about this, and this is something I've been 115 00:08:08,430 --> 00:08:09,540 needing to do more of 116 00:08:12,720 --> 00:08:16,590 at the tweet, easily links with the charts, because the folks that can't be 117 00:08:16,590 --> 00:08:19,890 here live, sometimes I get ingrained. 118 00:08:26,145 --> 00:08:27,105 In my teachings. 119 00:08:27,965 --> 00:08:31,035 I barely forget about you on Twitter. 120 00:08:39,045 --> 00:08:39,735 So we'll be 121 00:08:45,105 --> 00:08:46,155 looking at that here. 122 00:08:48,525 --> 00:08:49,275 As an exercise. 123 00:08:49,275 --> 00:08:50,895 Also, you can do a 124 00:08:54,855 --> 00:09:02,295 small, long ahead of the news, so you can log the experience of what it's 125 00:09:02,295 --> 00:09:08,895 like getting in ahead, either all things are going to end up contending with, as 126 00:09:08,895 --> 00:09:10,095 a trader, you're going to believe me. 127 00:09:10,095 --> 00:09:12,975 You're going to see things on your own after the mentorship, and I'm not around, 128 00:09:13,574 --> 00:09:14,925 you're going to want to take trades. 129 00:09:16,989 --> 00:09:22,089 Just line up what you believe is going to indicate higher price or lower prices. 130 00:09:22,719 --> 00:09:25,239 And sometimes it's actually good to be in there ahead of the news, because 131 00:09:25,359 --> 00:09:26,500 you can see what they're doing. 132 00:09:26,979 --> 00:09:29,920 It kind of like tips a tan to you in the news. 133 00:09:30,219 --> 00:09:34,680 You know, it gives you that huge injection of volatility in an expansion. 134 00:09:34,689 --> 00:09:37,329 The range goes in your favor and that's fun. 135 00:09:37,390 --> 00:09:38,709 That's really fun when that stuff happens. 136 00:09:39,400 --> 00:09:40,900 But when it doesn't you learn. 137 00:09:43,140 --> 00:09:47,210 So for some of you force you to never check a trade before news and others 138 00:09:47,280 --> 00:09:49,380 will be like, I have no problem getting in front of the news doing it. 139 00:09:49,830 --> 00:09:53,880 So I'm going to be a unique thing, but you'll have so many things that 140 00:09:53,940 --> 00:09:58,080 take from this mentorship in terms of how you want to train, you'll have 141 00:09:58,080 --> 00:09:59,730 exactly what your model is going to be. 142 00:10:00,780 --> 00:10:03,720 And no one will convince you otherwise when you're done, which is nice. 143 00:10:04,530 --> 00:10:07,830 But right now you probably can look back over your career and see 144 00:10:07,830 --> 00:10:09,900 how many times you flip-flopped about how you want to trade. 145 00:10:11,714 --> 00:10:16,245 All right, you got about 11 minutes of news will come out wholesale numbers. 146 00:10:17,714 --> 00:10:18,824 And again, it's a medium impact. 147 00:10:18,824 --> 00:10:23,145 So we're not looking for an explosive move either way. 148 00:10:23,745 --> 00:10:25,694 We just want to see that news get factored in. 149 00:10:30,555 --> 00:10:35,895 Now, if you look at the daily Gordon dollar CAD, we have this consolidation, 150 00:10:35,984 --> 00:10:37,814 a lot of price action back and forth. 151 00:10:38,295 --> 00:10:39,405 We've expanded through. 152 00:10:41,140 --> 00:10:42,339 And then we come back into it. 153 00:10:42,430 --> 00:10:46,839 Um, last week, price expanded one more time. 154 00:10:46,839 --> 00:10:49,359 So we're S we're inside of a higher consolidation. 155 00:10:49,359 --> 00:10:54,010 So we have a block of price action up here, just resting on top of 156 00:10:54,010 --> 00:10:56,109 another block of action here. 157 00:10:56,109 --> 00:10:57,880 So, I mean, give it to you graphically like this. 158 00:10:58,989 --> 00:11:05,050 So you have all this trading in here, then you have another area of consolidate. 159 00:11:09,810 --> 00:11:14,700 Right here, kind of like resting on top of all this price action. 160 00:11:15,990 --> 00:11:21,030 We have a new area of dealing ranges where price trades back and forth. 161 00:11:23,490 --> 00:11:27,840 And doesn't have a willingness to go back down into this big, large 162 00:11:27,840 --> 00:11:29,220 consolidation on a daily chart. 163 00:11:29,220 --> 00:11:33,390 And again, daily is significant and this is basically the same thing just means. 164 00:11:34,410 --> 00:11:41,220 On a higher area of consolidation, just like this area here with 165 00:11:41,220 --> 00:11:43,980 resting on this big block of price. 166 00:11:44,250 --> 00:11:49,110 So we had this consolidation price breaks out and consolidates again, resting 167 00:11:49,110 --> 00:11:50,880 on top of this previous consolidation. 168 00:11:51,360 --> 00:11:53,790 Now this consolidation gets violated on the upside. 169 00:11:54,150 --> 00:11:56,730 So now we have price trading inside of a new dealing range. 170 00:11:57,030 --> 00:12:00,150 The dealing ranges between this orange area. 171 00:12:00,870 --> 00:12:01,140 Okay. 172 00:12:01,140 --> 00:12:01,740 As support. 173 00:12:03,360 --> 00:12:06,420 And the resistance seen around 1 35 45. 174 00:12:06,750 --> 00:12:10,950 So we're consolidating in here on top of an old area of consolidation, which rests 175 00:12:10,950 --> 00:12:12,690 on top of another area of consolidation. 176 00:12:12,990 --> 00:12:17,070 So reasonably, I expect this thing to trade higher and want to seek 177 00:12:17,070 --> 00:12:18,990 any liquidity above that 35 88. 178 00:12:18,990 --> 00:12:22,140 Now whether it does it this morning or not, I don't know that that's, 179 00:12:22,500 --> 00:12:26,970 we may not see that at all, but it certainly in the rum probabilities. 180 00:12:28,770 --> 00:12:31,530 So when I look at price, I'm looking at how price is being sorted. 181 00:12:33,135 --> 00:12:38,805 Around the daily dealing range and looking at how price is unwilling to go 182 00:12:38,805 --> 00:12:41,025 back below an old area of consolidation. 183 00:12:41,025 --> 00:12:45,105 Like we see here now, maybe you didn't see that as consolidation, but whenever 184 00:12:45,105 --> 00:12:50,205 you see this, you want to study price and look for areas of where it looks like. 185 00:12:51,960 --> 00:12:53,100 Basically a big box. 186 00:12:53,520 --> 00:12:53,850 Okay. 187 00:12:53,910 --> 00:12:57,150 Um, or, uh, a trading range. 188 00:12:57,660 --> 00:13:01,170 And if the trading range is unwilling to be violated, once it's been 189 00:13:01,380 --> 00:13:05,670 left, you're gonna see price, uh, find some support around here. 190 00:13:07,560 --> 00:13:11,880 Now, if we trade back into the consolidation, we'd be looking 191 00:13:11,880 --> 00:13:14,220 for it to go to the 33 71 level. 192 00:13:15,070 --> 00:13:18,690 That would be the down candle rate for this big move here personally. 193 00:13:18,690 --> 00:13:19,890 I don't think that that would be. 194 00:13:21,194 --> 00:13:26,145 To go down into here because there's enough reasons to support price in 195 00:13:26,145 --> 00:13:32,744 here because of the breaker here, we have a down candle, not, not break it. 196 00:13:32,744 --> 00:13:33,135 I'm sorry. 197 00:13:33,525 --> 00:13:38,385 Um, mitigation block, where we have the down Campbell here, which 198 00:13:38,385 --> 00:13:39,435 would have been used for buys. 199 00:13:39,915 --> 00:13:43,214 We've already tapped into that here and prices already find support 200 00:13:43,275 --> 00:13:45,435 on a higher order block here. 201 00:13:45,435 --> 00:13:47,145 So if, if we lose. 202 00:13:49,040 --> 00:13:49,520 What is that? 203 00:13:49,550 --> 00:13:53,060 34 54 and a low comes in at 3,404. 204 00:13:53,060 --> 00:13:58,280 So if we lose 3,400, for my opinion, we're probably gonna trade in a 205 00:13:58,280 --> 00:14:04,340 larger trading range, which would be defined by 35, 88 and 32 95. 206 00:14:04,490 --> 00:14:07,070 So 35, 88, 32 95 will be the new trading range. 207 00:14:07,100 --> 00:14:10,490 If we lose this low, that we'd have to watch and see what we 208 00:14:10,490 --> 00:14:12,470 do in terms of that, that range. 209 00:14:12,890 --> 00:14:14,900 Um, and again, because we're focusing on a daily chart, that's. 210 00:14:16,185 --> 00:14:20,475 Important and why it's important to focus on that because it will 211 00:14:20,475 --> 00:14:24,255 give us the directional bias for, uh, either bullets or bears. 212 00:14:27,194 --> 00:14:29,805 And it doesn't have to move a whole lot because we're, we're measuring 213 00:14:29,805 --> 00:14:31,245 the, the, the range on the daily. 214 00:14:32,865 --> 00:14:35,595 When you start doing those types of studies on the hourly chart, obviously 215 00:14:35,595 --> 00:14:37,155 the range has to get real smaller. 216 00:14:37,845 --> 00:14:37,935 Okay. 217 00:14:39,090 --> 00:14:42,480 The opportunities are a lot less in terms of how much you can 218 00:14:42,480 --> 00:14:45,840 make and how many traits conform when you use the daily chart. 219 00:14:46,380 --> 00:14:47,459 A lot more trades come out. 220 00:14:48,600 --> 00:14:48,780 Okay. 221 00:14:48,780 --> 00:14:50,850 About five minutes, the numbers that we're releasing. 222 00:14:55,329 --> 00:15:01,420 Now, if the news release sends us below this low here, and we expand, but fall 223 00:15:01,420 --> 00:15:03,280 short of going below this low and here. 224 00:15:04,245 --> 00:15:07,485 And we come back up and touch or trade back into the bottom of 225 00:15:07,485 --> 00:15:12,105 this up candle that comes in at 226 00:15:15,375 --> 00:15:16,695 34 45. 227 00:15:17,415 --> 00:15:22,365 So in other words, if we see a moot go down below this low here, come down, 228 00:15:22,395 --> 00:15:29,025 just fall short of these lows and then trade right back up to 34th, 44, or 229 00:15:29,025 --> 00:15:30,465 there's opening price of this candle. 230 00:15:32,530 --> 00:15:34,570 Or 34 45, let's say like that. 231 00:15:35,170 --> 00:15:42,490 Uh, that would be a cell for a run for the 34 big figure stops below here. 232 00:15:43,960 --> 00:15:44,230 Okay. 233 00:15:44,230 --> 00:15:48,430 So what I'm waiting for is to see if we expand at the here, then I look 234 00:15:48,430 --> 00:15:51,460 to see if there's a bullet or a block we can play for a run to these stops. 235 00:15:51,910 --> 00:15:56,620 Um, if it takes us below this low here on the news, but don't 236 00:15:56,710 --> 00:15:58,810 run immediately for the 34 big. 237 00:16:00,275 --> 00:16:04,564 That means cell stops are going to be tagged, but we'll wait for a retest back 238 00:16:04,564 --> 00:16:11,035 to 34 45 to sell their he's a 30 PIP stop. 239 00:16:11,724 --> 00:16:13,765 34 75 will be the cell stops. 240 00:16:14,005 --> 00:16:14,685 Uh, I'm sorry. 241 00:16:14,735 --> 00:16:21,415 So positions, uh, protected by stop and then we'll make a run for, uh, the 34 big 242 00:16:21,444 --> 00:16:25,375 figure cell stops and be reaching for. 243 00:16:26,565 --> 00:16:27,825 33 71. 244 00:16:28,665 --> 00:16:32,565 So those are the two scenarios we're waiting to see what the news indicates. 245 00:16:33,375 --> 00:16:34,905 Then we'll take action on either one. 246 00:16:37,125 --> 00:16:41,895 What is treating the, uh, the inside the range per right now? 247 00:16:44,040 --> 00:16:51,990 No directional bias today because we're in an extreme end of a dollar run. 248 00:16:51,990 --> 00:16:54,540 So we don't know if it's going to continue or if it's going to reverse 249 00:16:54,630 --> 00:16:57,810 either way, there's going to be likely an opportunity to trade. 250 00:16:57,810 --> 00:17:00,240 So here's the numbers release. 251 00:17:02,295 --> 00:17:04,065 So far a lackluster reaction. 252 00:17:04,365 --> 00:17:04,515 Okay. 253 00:17:04,515 --> 00:17:06,885 We're going to go sewing short 30 PIP stop. 254 00:17:07,095 --> 00:17:08,145 Any 30 PIP stop. 255 00:17:08,265 --> 00:17:12,944 When we're looking for acceleration below this low here 33 80 will 256 00:17:12,944 --> 00:17:14,655 be my limit to take profit. 257 00:17:14,895 --> 00:17:16,575 So 34 35. 258 00:17:17,145 --> 00:17:21,345 We see some acceleration below that low, this big candle here on a daily chart. 259 00:17:21,795 --> 00:17:23,115 This big green candle here. 260 00:17:23,625 --> 00:17:24,194 That's canned. 261 00:17:24,224 --> 00:17:26,505 That candle is low is the 34 big. 262 00:17:28,020 --> 00:17:30,450 That's this candle here on the one-hour chart. 263 00:17:30,690 --> 00:17:32,850 And that's why we're having this stops below these equal lows. 264 00:17:33,240 --> 00:17:36,750 We're targeting that 1 34 big figure, but we have to contend 265 00:17:36,750 --> 00:17:37,830 with this short term low here. 266 00:17:37,830 --> 00:17:39,629 So that's where we're watching. 267 00:17:40,440 --> 00:17:47,580 We want to see it get through 34 35 and accelerate, and then we'll be 268 00:17:47,970 --> 00:17:52,920 in easy seat for a run for that 1 34 big figure liquidity in the form 269 00:17:52,920 --> 00:17:54,270 of the sell south below these lows. 270 00:17:54,510 --> 00:17:54,720 Okay. 271 00:17:54,720 --> 00:17:55,800 It's in real close. 272 00:17:57,135 --> 00:17:59,415 Proximity to this low, so we should see expansion. 273 00:17:59,415 --> 00:18:01,905 It should expand through that, seeking that liquidity. 274 00:18:02,355 --> 00:18:07,425 And then the next area of liquidity should draw it into the 1 34 big 275 00:18:07,455 --> 00:18:12,855 figure, 1 34 below one third below 1 34 big figure with complete market maker 276 00:18:12,855 --> 00:18:18,495 cell profile, which is a consolidation expansion re accumulation smart mind 277 00:18:18,495 --> 00:18:22,965 reversal, Loris, short redistribution, redistribution, redistribute. 278 00:18:24,030 --> 00:18:26,700 And we should clear out the area below 1 34 to do that. 279 00:18:26,700 --> 00:18:30,480 So anyone that was long here, that they built a premium in 280 00:18:30,480 --> 00:18:32,400 price, their stuff's below here. 281 00:18:32,550 --> 00:18:35,310 So the liquidity is going to be aiming for 1 34. 282 00:18:36,760 --> 00:18:40,680 The market rather, we should be aiming to liquidity below 1 34 big figure. 283 00:18:40,710 --> 00:18:42,240 Diocese's sent a tweet out. 284 00:18:42,300 --> 00:18:45,630 If we get the way 1 30, 4 35, oh, we taken half the position off 285 00:18:45,690 --> 00:18:47,430 then Lauren to stop by 10 pips. 286 00:18:47,520 --> 00:18:50,700 So a lot of acrobatics here doing this on Twitter and live and insurance. 287 00:18:53,400 --> 00:18:57,180 I'm probably going to have to have somebody actually, uh, try to duplicate 288 00:18:57,180 --> 00:18:58,380 the same thing I'm doing on much. 289 00:18:59,429 --> 00:19:02,189 And kind of like authorized them to, uh, send the charts. 290 00:19:02,280 --> 00:19:03,360 So a lot to be juggling. 291 00:19:03,540 --> 00:19:07,530 And I respect the fact that most people can't be here live, but it's gotta be 292 00:19:07,530 --> 00:19:12,780 realistic for me to, I can't, I can't be a, I can't be a fix it for everyone. 293 00:19:12,899 --> 00:19:13,199 I can't. 294 00:19:13,199 --> 00:19:15,149 In other words, I gotta be able to focus and that's the reason 295 00:19:15,149 --> 00:19:16,889 why I've not been doing it so far. 296 00:19:17,340 --> 00:19:19,310 Um, cause it's a lot to it's a lot. 297 00:19:20,385 --> 00:19:23,685 I gotta be thinking about what the market's doing, gotta be thinking about 298 00:19:23,685 --> 00:19:24,735 whether I'm gonna be right or not. 299 00:19:25,155 --> 00:19:27,675 Um, you know, is the stock where it needs to be. 300 00:19:27,855 --> 00:19:29,315 Is the market really show me indication. 301 00:19:29,315 --> 00:19:30,825 I want to go where I think it's going to go. 302 00:19:31,125 --> 00:19:33,855 And then on top of that, I have to remember also to send 303 00:19:33,855 --> 00:19:36,705 charts and it breaks my mojo. 304 00:19:38,805 --> 00:19:45,795 So it's not easy doing this, not at all trading parts easy, but it's 305 00:19:45,795 --> 00:19:48,615 not easy doing the delivery of this. 306 00:19:49,649 --> 00:19:52,290 It's a lot to play. 307 00:19:52,590 --> 00:19:55,350 Like I said before, it's like plates spinning, you know, you ever seen 308 00:19:55,350 --> 00:19:56,760 a guy get on stage of their sticks. 309 00:19:57,179 --> 00:20:00,929 They put plates on top of sticks and they suspend them and he got like 20, 310 00:20:00,929 --> 00:20:02,610 30, 50 of them on the, on the stage. 311 00:20:02,610 --> 00:20:04,379 And you've got to keep running back over to the ones in the room. 312 00:20:04,379 --> 00:20:05,399 You fall off with a break. 313 00:20:06,090 --> 00:20:10,770 That's what I feel like sometimes the illness, cause each one, you trying 314 00:20:10,770 --> 00:20:14,850 to do something entirely different and not always in a direction 315 00:20:14,850 --> 00:20:16,290 that I'm aiming your attention to. 316 00:20:17,280 --> 00:20:18,330 What's got to get run over here. 317 00:20:19,260 --> 00:20:19,980 Turn your head around. 318 00:20:20,010 --> 00:20:21,149 So it's looking in the right spot. 319 00:20:21,899 --> 00:20:25,290 Now we want to see, we want to see dollar reach down into this area here. 320 00:20:25,620 --> 00:20:26,940 We want to see at closing this range. 321 00:20:27,330 --> 00:20:32,070 We do not want to see it just put below this low and then start to pull up. 322 00:20:32,100 --> 00:20:38,010 Cause that's going to cause our dollar CAD pair to either stall or rally. 323 00:20:38,070 --> 00:20:38,730 We don't want that. 324 00:20:39,450 --> 00:20:42,659 So we want to watch the dollar index, see if it wants to go down 325 00:20:42,659 --> 00:20:44,490 into this shaded area here again. 326 00:20:44,490 --> 00:20:44,639 That's. 327 00:20:45,480 --> 00:20:50,129 This up candle, it's high in this up candles low in between 328 00:20:50,129 --> 00:20:51,449 that is unexposed range. 329 00:20:51,480 --> 00:20:54,300 And we're looking for that to be filled in on dollar that will 330 00:20:54,300 --> 00:20:58,020 assist and give freedom for our dollar CAD pair to trade lower. 331 00:20:58,199 --> 00:21:01,500 And the reason why I'm taking half off below this low, if we can get it 332 00:21:01,949 --> 00:21:04,860 is because we're inside this block so I could still be wrong and it could 333 00:21:04,860 --> 00:21:08,459 come down here and just trade into a bullshitter block here and then come 334 00:21:08,459 --> 00:21:10,889 right back up and trade into the 34 75. 335 00:21:11,490 --> 00:21:12,120 Which isn't good. 336 00:21:12,179 --> 00:21:13,050 At least in history. 337 00:21:13,050 --> 00:21:13,530 Wouldn't be good. 338 00:21:13,679 --> 00:21:17,189 And since I only have one standard lot on, if I had larger position 339 00:21:17,189 --> 00:21:20,699 on, I would take 80% of the position off, if it gets stolen one standard 340 00:21:20,699 --> 00:21:22,709 lot, half office sufficient here. 341 00:21:24,060 --> 00:21:29,129 So looking at the daily, we're inside the bullish or block here, we've 342 00:21:29,129 --> 00:21:31,800 already tagged below about midway point. 343 00:21:31,800 --> 00:21:35,550 So if we go down to that area again, this block will give up its ghost. 344 00:21:35,550 --> 00:21:37,620 In other words, it won't be no further. 345 00:21:37,770 --> 00:21:38,580 Near-term bullish now. 346 00:21:39,540 --> 00:21:40,139 Seen by it. 347 00:21:40,410 --> 00:21:42,510 So we'll be looking for the liquidity below it, which would 348 00:21:42,510 --> 00:21:46,560 be the sell stock below this low here, below that 1 34 big figure. 349 00:21:48,420 --> 00:21:51,120 And then if we get below that, the next logical area that look for would 350 00:21:51,120 --> 00:21:54,810 be a trade down into this down candle, but we have to start with it's high. 351 00:21:54,810 --> 00:22:00,960 So 31 91, that would be the, uh, the downside objective to get to the order 352 00:22:00,960 --> 00:22:02,399 block relative to the daily chart. 353 00:22:03,660 --> 00:22:03,960 Okay. 354 00:22:04,080 --> 00:22:06,960 So again, reminding you that we're trading the daily chart. 355 00:22:08,145 --> 00:22:11,625 The one hour chart or the 15 minute chart, we just use that to facilitate 356 00:22:11,625 --> 00:22:17,205 the entry and then looking for the liquidity runs on the daily Monday, 357 00:22:17,205 --> 00:22:20,985 Monday, Monday, I'm not talking, I'm muting, just so you know, I have to 358 00:22:21,824 --> 00:22:24,135 instruct my children as I do this as well. 359 00:22:26,145 --> 00:22:28,695 Again, we're just watching that 1 34, 35 low. 360 00:22:30,435 --> 00:22:34,155 We want to see that low giveaway and then expand down and we'll 361 00:22:34,155 --> 00:22:35,945 watch and see if we get that one 30. 362 00:22:37,005 --> 00:22:41,835 Um, violation to reach where they sell stocks bill at 1 34 big figure. 363 00:22:42,105 --> 00:22:42,465 Okay. 364 00:22:42,465 --> 00:22:45,465 We broke a 34 35, so we want to see it run. 365 00:22:45,465 --> 00:22:50,355 Now, put some range in below this low. 366 00:22:50,715 --> 00:22:50,985 Okay. 367 00:22:50,985 --> 00:22:51,615 Hit the position. 368 00:22:52,005 --> 00:22:52,335 Excuse me. 369 00:22:52,335 --> 00:22:53,385 Hit the position is off. 370 00:22:53,655 --> 00:22:58,995 I'm going to put the stop actually at 34 65. 371 00:22:59,415 --> 00:23:03,255 And with the stop at 34 65, it should not come back up to that level. 372 00:23:03,315 --> 00:23:03,945 If it's going to go. 373 00:23:04,875 --> 00:23:11,355 Um, it should just find some resistance this down candles body, or is it 374 00:23:11,355 --> 00:23:17,564 the clothes so we can allow 34, 40, 30, 4, 45 that's permissible. 375 00:23:18,705 --> 00:23:21,165 And then it should roll over some more. 376 00:23:21,675 --> 00:23:22,725 If it runs to stop. 377 00:23:22,905 --> 00:23:23,534 That's fine. 378 00:23:23,534 --> 00:23:23,965 We've already been. 379 00:23:25,034 --> 00:23:26,564 Just for morbid curiosity. 380 00:23:26,564 --> 00:23:28,905 How many of you are at work right now doing this? 381 00:23:30,524 --> 00:23:32,594 And you should see some of the responses to that question. 382 00:23:34,485 --> 00:23:35,264 Unbelievable. 383 00:23:35,715 --> 00:23:36,885 I've been there before, too. 384 00:23:38,534 --> 00:23:40,665 I said, look at the daily again. 385 00:23:42,165 --> 00:23:43,995 We're below the bodies of the candles here. 386 00:23:44,774 --> 00:23:48,135 The wicks are down here and our order block is down here. 387 00:23:48,705 --> 00:23:50,685 So there's a little bit more liquidity there. 388 00:23:50,685 --> 00:23:51,975 Reach for down here. 389 00:23:52,185 --> 00:23:52,995 So we all want to see. 390 00:23:53,805 --> 00:23:56,475 We don't want to see it a stall down here too long. 391 00:23:57,405 --> 00:24:02,534 Cause then it'll require it to come back up, which is not favorable. 392 00:24:02,774 --> 00:24:04,845 We want to see it expand through. 393 00:24:05,235 --> 00:24:08,895 If we get down below 34 20, the stock will go to break even. 394 00:24:09,195 --> 00:24:09,375 Okay. 395 00:24:09,385 --> 00:24:09,615 Got it. 396 00:24:09,635 --> 00:24:10,995 Tuck your questions aside. 397 00:24:10,995 --> 00:24:16,905 Cause it's starting to come, uh, distract me the, uh, the liquidity on the daily. 398 00:24:17,790 --> 00:24:20,670 Is what's going to be drawing price higher or lower. 399 00:24:21,150 --> 00:24:26,880 And right now we still have a draw on price below the 34 20 level 400 00:24:27,150 --> 00:24:28,830 institutions will have orders down there. 401 00:24:29,730 --> 00:24:33,210 And then if we get below 1 30, 4 20, they will want to 402 00:24:33,210 --> 00:24:35,310 tap into that 1 34 big figure. 403 00:24:35,580 --> 00:24:39,480 So we got about 25 pips or so still for downside. 404 00:24:39,810 --> 00:24:41,460 And ideally you don't want to see it. 405 00:24:41,880 --> 00:24:43,020 Have any retracement here. 406 00:24:43,410 --> 00:24:45,690 You want to see it via, uh, like a straight shot. 407 00:24:46,650 --> 00:24:52,710 Because we've already taken out the 34 35 level, so it's not necessary for it to 408 00:24:52,710 --> 00:24:58,620 trade up right now that range is set to anyone that's not short is probably isn't. 409 00:24:58,650 --> 00:25:00,450 They probably aren't going to give them opportunity to get in. 410 00:25:00,450 --> 00:25:02,190 Now that's my expectation. 411 00:25:02,190 --> 00:25:04,020 And the reason why I'm saying they should expand in here. 412 00:25:04,620 --> 00:25:09,210 Otherwise, if they try to give you an opportunity to get short by retracing 413 00:25:09,210 --> 00:25:14,190 up in here, that's actually not good for the trade, because if it's a good 414 00:25:14,190 --> 00:25:15,660 trade, they won't give anybody else. 415 00:25:17,280 --> 00:25:20,010 We want to make it run right to the 1 34 big figure. 416 00:25:21,659 --> 00:25:23,639 The only person that's going to get short in this position. 417 00:25:23,639 --> 00:25:26,939 Now we'll be chasing price and we don't want to do that. 418 00:25:27,030 --> 00:25:29,399 And we want to see expansion going lower. 419 00:25:30,629 --> 00:25:33,000 You can see, we had a small little bit of an uptick in here. 420 00:25:34,350 --> 00:25:36,300 We want to see it now expand down after that. 421 00:25:36,360 --> 00:25:39,540 If it starts to make a run back above this candle's high, that's already 422 00:25:39,540 --> 00:25:42,149 formed for this 15 minute bar. 423 00:25:44,115 --> 00:25:46,245 I'm going to peel off two minis at that point. 424 00:25:47,295 --> 00:25:50,805 If we get down to 1 34, as soon as we touch them on 34, if we do 425 00:25:50,805 --> 00:25:52,545 it, I will take two off there. 426 00:25:53,085 --> 00:25:55,815 So I'm waiting to see if we see a break below the load that's 427 00:25:55,815 --> 00:25:59,475 already formed, then I'm going to wait before 1 34 to be tested. 428 00:25:59,835 --> 00:26:04,905 Once it hits that I'll take off two minis and three will be remaining. 429 00:26:08,115 --> 00:26:12,105 If we trade above or at this candle. 430 00:26:13,825 --> 00:26:15,024 Where it's, uh, where we at, 431 00:26:18,385 --> 00:26:22,975 if it prints 1 30, 4 31, again, I will take those two off there. 432 00:26:24,355 --> 00:26:26,385 And the reason why I want to take it off, if it goes back to 433 00:26:26,395 --> 00:26:31,585 34 31, again, is because we may be making a low below that here. 434 00:26:31,615 --> 00:26:32,544 And I don't want to sit through that. 435 00:26:32,575 --> 00:26:38,004 I'm going to take profits below an old low, and then it would be just leaving 436 00:26:38,004 --> 00:26:41,155 three minis on still from the shorter. 437 00:26:42,479 --> 00:26:42,780 Okay. 438 00:26:42,780 --> 00:26:46,560 I gotta take some off here too. 439 00:26:46,560 --> 00:26:50,070 Now I have three still on I've taken profit below the low here. 440 00:26:51,600 --> 00:26:58,919 One seven, uh, meaning to the risk has been reduced and I've 441 00:26:58,919 --> 00:27:00,840 also taken off the position. 442 00:27:00,870 --> 00:27:04,350 It's still at a fable favorable location without having to see 443 00:27:04,350 --> 00:27:05,639 it expand too much against me. 444 00:27:07,709 --> 00:27:09,179 What that does is it reduces my. 445 00:27:13,635 --> 00:27:18,645 Mental capital by worrying about how much it moves against me, or if it will at all. 446 00:27:19,215 --> 00:27:21,525 I've already, I've already placed myself in a position of more 447 00:27:21,525 --> 00:27:23,685 profitability and less risk. 448 00:27:24,825 --> 00:27:25,065 Okay. 449 00:27:25,065 --> 00:27:28,905 It's coming back up into the areas where we said it could retrace to earlier. 450 00:27:28,905 --> 00:27:31,514 It would have been acceptable and I would have been okay with leaving the 451 00:27:31,514 --> 00:27:35,805 full half of position on, but because we went down below, we've stopped. 452 00:27:36,855 --> 00:27:38,355 And now we're coming up here to do it. 453 00:27:38,895 --> 00:27:42,345 I don't like to ever see that because it could very easily come back up here and 454 00:27:42,345 --> 00:27:47,475 trade into this void, which he, which would erode more of the open profit. 455 00:27:48,195 --> 00:27:51,825 This is the reason why I wanted to get out of those, uh, extra, 456 00:27:51,915 --> 00:27:54,345 um, too many below this low. 457 00:27:55,155 --> 00:27:55,485 Okay. 458 00:27:55,485 --> 00:27:56,715 We have equities opening up, so. 459 00:27:57,555 --> 00:27:58,605 In the U S market. 460 00:27:58,965 --> 00:28:02,235 So we're going to see what that does for, uh, our dollar CAD. 461 00:28:03,764 --> 00:28:05,145 This is what I was referring to earlier. 462 00:28:05,145 --> 00:28:06,014 We didn't want to see this. 463 00:28:06,014 --> 00:28:10,754 We want to see it trade down into this area here, not just Pope 464 00:28:10,754 --> 00:28:12,315 below this old low look at it. 465 00:28:13,455 --> 00:28:16,815 Now it needs to stay below the midway point of this up candle. 466 00:28:18,405 --> 00:28:24,105 I want to see it straight down through 34, 20 Tuesday at 34 20. 467 00:28:24,135 --> 00:28:24,795 Stop goes to. 468 00:28:25,725 --> 00:28:28,335 34 32, sorry, 34 45. 469 00:28:28,335 --> 00:28:30,104 We're gonna lock in 10 pips on the bounce. 470 00:28:32,655 --> 00:28:36,074 Just if I see a stable, low, that as long as it does that, we're okay. 471 00:28:39,405 --> 00:28:43,155 Making pockets head through it and then reject is fine. 472 00:28:43,155 --> 00:28:45,824 We just don't want to see it go through, especially not to 473 00:28:45,824 --> 00:28:48,395 this close of this candle here. 474 00:28:48,705 --> 00:28:49,635 1 0 1 0 8. 475 00:28:50,834 --> 00:28:51,495 If we see. 476 00:28:53,445 --> 00:28:59,445 Dollar cat dropped down to 34, 20 and below in this dollar index 477 00:28:59,445 --> 00:29:02,235 rallies up through 1 0 1 0 8. 478 00:29:03,284 --> 00:29:05,835 That means they're driving for the 34 20 level. 479 00:29:05,835 --> 00:29:09,225 And it'll probably cap the day and we're going to want to take something 480 00:29:09,225 --> 00:29:11,145 off there as well and drop her. 481 00:29:11,145 --> 00:29:12,975 Stop down to 34 45, 482 00:29:16,665 --> 00:29:17,054 ideally. 483 00:29:17,805 --> 00:29:21,435 We want to see dollar index not go any further than it's at now and 484 00:29:21,435 --> 00:29:26,535 pull lower stops, lower to 34 45. 485 00:29:30,085 --> 00:29:31,395 Take one mini off here 486 00:29:35,115 --> 00:29:38,865 actually had the two people over the weekend say that they were 487 00:29:38,865 --> 00:29:45,285 not getting what I described in the service, and I'm not sure. 488 00:29:47,190 --> 00:29:50,080 But they thought I was going to be doin what I was gonna be doing. 489 00:29:50,220 --> 00:29:57,180 They're outside of what I already said, but I certainly respect everyone's opinion 490 00:30:00,570 --> 00:30:04,860 because if this isn't what I promised and if you're not getting what you were 491 00:30:05,200 --> 00:30:07,830 hoping to get it down, I'm not sure what the hell you were looking for. 492 00:30:11,040 --> 00:30:12,989 Stops lowered to 34 35. 493 00:30:16,215 --> 00:30:16,455 Okay. 494 00:30:16,455 --> 00:30:20,055 So I got 20 pips locked in on the bounce on too many. 495 00:30:20,985 --> 00:30:25,845 We're looking for a run through 34 big figure so far. 496 00:30:25,845 --> 00:30:29,835 We're we're getting what we were hoping to save just a little poke through midway 497 00:30:29,835 --> 00:30:32,175 of that candle already give back already. 498 00:30:32,175 --> 00:30:32,715 That's good. 499 00:30:33,525 --> 00:30:33,885 It does. 500 00:30:33,885 --> 00:30:36,075 Should be accelerating down to that big figure. 501 00:30:36,075 --> 00:30:36,555 1 35. 502 00:30:39,455 --> 00:30:43,445 Just 10 pips away from it and right about here is where usually 503 00:30:43,445 --> 00:30:47,044 gaps where you'll see like a real quick sudden drop down through it. 504 00:30:48,125 --> 00:30:51,514 That's the reason, the reason why that takes place is because they want to 505 00:30:51,514 --> 00:30:55,594 make sure that those stops don't get a chance to cancel before it hits it. 506 00:30:55,975 --> 00:30:59,375 Otherwise the liquidity that they are seeking evaporates. 507 00:30:59,824 --> 00:31:02,855 So you want to see it jumped down through 1 34 big. 508 00:31:04,620 --> 00:31:07,139 It's this close like this, and you anticipate that type of movement. 509 00:31:10,470 --> 00:31:12,510 Watch that dollar index on the left hand side. 510 00:31:12,510 --> 00:31:15,720 See what it's doing right back up against that in the middle point, 511 00:31:16,020 --> 00:31:18,210 little middle portion of that up candle. 512 00:31:19,320 --> 00:31:22,350 So we may end up just coming down, hitting that big figure 34 513 00:31:22,620 --> 00:31:25,439 on dollar CAD and that baby it. 514 00:31:27,120 --> 00:31:30,030 So be careful where I'm going. 515 00:31:30,030 --> 00:31:30,990 I'm looking to take one off. 516 00:31:32,205 --> 00:31:35,415 And then I'm going to drop the stop down this 34, 25, if we get it. 517 00:31:35,985 --> 00:31:40,245 So I'm going to, going to take one more off as we hit 1 34 big figure, 518 00:31:41,355 --> 00:31:47,235 and then stock will drop down 34, 25, as soon as it happens that way, you 519 00:31:47,235 --> 00:31:50,385 know what I'm doing, why I'm doing it, because if I wanted a chance to talk 520 00:31:50,385 --> 00:31:54,195 about it, as I'm doing it, get my tweet together too, in case I have to do that. 521 00:31:57,755 --> 00:32:02,075 This is 10 pips below the big figure that light green area and a 522 00:32:02,075 --> 00:32:03,995 darker shaded area is 20 pips below. 523 00:32:04,655 --> 00:32:10,145 Uh, I had the limit order with expectation that we're going to drive deeper. 524 00:32:10,625 --> 00:32:13,835 Um, I like to leave it there just in case I get lucky and it expands, 525 00:32:14,885 --> 00:32:17,795 but obviously you can see we've been managing the position since we put it on. 526 00:32:18,425 --> 00:32:20,405 So we'll be taking something off. 527 00:32:21,735 --> 00:32:26,190 Should that perspective change, rather not see it trade back above 34 528 00:32:26,190 --> 00:32:33,165 20, ideally it should just continue pressing for that 1 34 big figure. 529 00:32:34,155 --> 00:32:36,465 I like what we're seeing so far on the dollar index. 530 00:32:37,965 --> 00:32:42,135 It's rejecting it's rejection of that up candle midway point. 531 00:32:42,675 --> 00:32:48,254 That's positive for our trade equities are open, so we should see a little 532 00:32:48,254 --> 00:32:49,545 bit more reaction in the market. 533 00:32:51,510 --> 00:32:54,240 And then liquidity below 1 34 big figure associate. 534 00:32:54,300 --> 00:33:00,270 They should definitely want to make a run for those cell stops your, it looks like 535 00:33:00,270 --> 00:33:04,800 it wants to see one to 6 76 80 cables. 536 00:33:04,800 --> 00:33:08,970 When I want to run that 1 25 20 Delta calves should be reaching 537 00:33:08,970 --> 00:33:11,610 for that 1 34 big figure sell stop. 538 00:33:12,000 --> 00:33:15,870 And I look for it, the gap down through 1 34 big figure that would look like 539 00:33:15,870 --> 00:33:19,409 a real quick sudden sell off, but really it's just being repriced before. 540 00:33:21,240 --> 00:33:23,879 It could reprice directly at 1 34 big figure, but I'm 541 00:33:23,879 --> 00:33:25,530 looking for the right price. 542 00:33:25,649 --> 00:33:35,850 Great through it, like 1 30, 3 97, a 1 33 94 real quick print, no ruts. 543 00:33:35,850 --> 00:33:39,870 It should make a real quick sudden movement on this chart here under this 544 00:33:39,929 --> 00:33:43,679 1 34 big figure to about this time. 545 00:33:43,679 --> 00:33:47,429 When folks went long over here with their stop loss, the local. 546 00:33:48,225 --> 00:33:48,375 Yeah. 547 00:33:48,375 --> 00:33:49,485 What are they thinking right now? 548 00:33:49,635 --> 00:33:52,185 Does that feel like a safe trade still to meet long over in here? 549 00:33:52,185 --> 00:33:53,655 What stops just below the lows? 550 00:33:54,075 --> 00:33:55,425 Do you feel empowered? 551 00:33:57,180 --> 00:34:00,150 Really nice dollar action on the left-hand side, rejecting 552 00:34:00,150 --> 00:34:01,890 that a fair, shorter block. 553 00:34:01,890 --> 00:34:05,640 We are looking to see the hourly candle, $1 on the left-hand side. 554 00:34:05,670 --> 00:34:06,780 It turns to a bear's candle. 555 00:34:06,780 --> 00:34:12,480 We're really going to see a drive down to that 33 75 level one USQ. 556 00:34:13,070 --> 00:34:15,500 Let's see if you're a rally yet almost there. 557 00:34:15,770 --> 00:34:20,000 Cable's going to clear that 25 20 level should see range expansion in here. 558 00:34:20,270 --> 00:34:23,420 Our cat got about 18 minutes before we get to 10 o'clock in the morning. 559 00:34:23,630 --> 00:34:27,560 That's when the algo will start pricing in its low the day or that old, you 560 00:34:27,560 --> 00:34:30,770 probably don't know unless you live in the states, but he used to be an 561 00:34:30,770 --> 00:34:34,580 old Heinz ketchup, commercial it pour out rural, real slow, and then they 562 00:34:34,580 --> 00:34:36,050 would play the song anticipation. 563 00:34:37,980 --> 00:34:39,540 That's what I'm hearing in my mind right now. 564 00:34:39,750 --> 00:34:42,810 I'm almost tempted to edit in during this portion of the video 565 00:34:42,900 --> 00:34:49,770 for the recording for you that are not in the U S Nita and get that. 566 00:34:49,770 --> 00:34:54,960 But trust me, anyone that's been around the last 30 years in the U S you remember 567 00:34:54,960 --> 00:34:58,080 that commercial, it was like, we're good for one more lower, low on the CAD, 568 00:34:58,320 --> 00:35:00,120 but I think that'll be it for the day. 569 00:35:00,240 --> 00:35:02,640 So we had to be mindful that what we see going into. 570 00:35:03,535 --> 00:35:04,634 At 34 big figure. 571 00:35:04,754 --> 00:35:07,424 I have my order to take one more mini off. 572 00:35:08,055 --> 00:35:09,705 Should we hit 1 34 big figure? 573 00:35:10,004 --> 00:35:13,154 And again, to stop, I'll drop that down to 34, 25. 574 00:35:13,154 --> 00:35:17,745 Should we hit 34 big figure and then I'll create another order window 575 00:35:17,865 --> 00:35:19,265 so I can collapse that last one. 576 00:35:19,294 --> 00:35:21,265 Should I see unfavorable price? 577 00:35:22,140 --> 00:35:28,200 Once it hits 1 34 big figure might bounce off at 34, 22. 578 00:35:28,200 --> 00:35:30,210 If our dollar index supports the short still. 579 00:35:30,210 --> 00:35:33,030 So I'm going to let it ride with a stop at 34 35. 580 00:35:33,300 --> 00:35:35,520 I'm going to take one off here in lower stop. 581 00:35:35,550 --> 00:35:36,360 25. 582 00:35:36,600 --> 00:35:41,660 Actually it won't let me get 25 or reduce the risk of 34 30. 583 00:35:41,820 --> 00:35:44,940 Don't like the fact that you're a dollar is not rallied when 584 00:35:44,940 --> 00:35:48,030 I thought it would cable still holding that would have supported. 585 00:35:48,915 --> 00:35:51,015 Well weakness on us cat. 586 00:35:51,134 --> 00:35:54,404 I don't like the fact that we're back up in this order block again, and we're 587 00:35:54,404 --> 00:35:56,384 getting ready to go in five minutes. 588 00:35:56,384 --> 00:35:59,865 We'll be at the profit taking hour or the algorithm will change gears. 589 00:36:00,015 --> 00:36:02,654 I would've rather seen it roll down one more time. 590 00:36:03,075 --> 00:36:06,404 And then if it was creating a down move, we live in aggressively 591 00:36:06,404 --> 00:36:08,895 China lower that, that stop loss. 592 00:36:09,464 --> 00:36:10,875 And if it rolls over, that's what we're going to do. 593 00:36:11,910 --> 00:36:16,380 We only have one contract or one meaning on still Monday trading. 594 00:36:16,380 --> 00:36:17,220 This is what it's like. 595 00:36:17,490 --> 00:36:21,779 Everyone's in a hurry to find out what the weekly range is going to be. 596 00:36:21,779 --> 00:36:25,560 Where's the direction it runs been chomping at the bit, the entire weekend. 597 00:36:25,560 --> 00:36:26,279 They can't wait. 598 00:36:26,279 --> 00:36:28,020 They've been reading Barron's, they've been reading wall 599 00:36:28,020 --> 00:36:31,890 street, journal, New York, uh, investors, business daily rather. 600 00:36:32,339 --> 00:36:34,290 Um, everyone's got their opinion. 601 00:36:35,355 --> 00:36:38,774 They're pouring into the marketplace right now, all chasing that dollar. 602 00:36:39,105 --> 00:36:40,274 I'm going to close the trade here. 603 00:36:40,335 --> 00:36:41,115 Say the stop. 604 00:36:41,145 --> 00:36:41,475 All right. 605 00:36:41,475 --> 00:36:43,754 So that's a rep for that trade. 606 00:36:43,815 --> 00:36:48,134 I wanted to see it roll over and go for that 1 34 big figure, a place who I 607 00:36:48,134 --> 00:36:52,004 didn't really mention it out loud, but in my head I was giving it a time stop, 608 00:36:52,004 --> 00:36:53,895 meaning it had to move in my favor. 609 00:36:53,984 --> 00:36:57,375 Um, as we were approaching like that 15 minutes till 10 o'clock 610 00:36:57,375 --> 00:36:58,814 in the morning, it was 9:45 AM. 611 00:36:58,815 --> 00:36:59,535 New York time. 612 00:36:59,625 --> 00:37:00,285 Um, as soon as. 613 00:37:00,915 --> 00:37:02,085 Still throughout that time. 614 00:37:02,085 --> 00:37:05,984 And if it hasn't hit my objective or made any evidence that it wants to go there. 615 00:37:06,045 --> 00:37:08,565 In other words, we're aiming for 1 34 big figure, since it was giving 616 00:37:08,565 --> 00:37:12,335 no continuation there, we traded below an institutional level, 1 617 00:37:12,335 --> 00:37:17,384 34, 20 it's since stalled had a real nice run from 34 65, only one 618 00:37:17,384 --> 00:37:19,004 small little up candle right here. 619 00:37:19,065 --> 00:37:22,004 Just not willing to hold on to it and see if it was going to go. 620 00:37:22,095 --> 00:37:25,995 Uh, another reason why is because I was expecting the Euro dollar to flip into. 621 00:37:26,515 --> 00:37:27,205 Running higher. 622 00:37:27,235 --> 00:37:30,415 And I was wanting to see what we're seeing here in the dollar. 623 00:37:30,445 --> 00:37:32,335 I'm sorry, the British pound versus the dollar here. 624 00:37:32,365 --> 00:37:33,205 We're starting to see it run. 625 00:37:33,205 --> 00:37:37,225 It's going to hit that 25 20 level that should be supporting bullishness 626 00:37:37,225 --> 00:37:41,395 for 1 0 6 72, a six 80 on Euro dollar. 627 00:37:41,485 --> 00:37:43,675 And it did not give me that, uh, follow through. 628 00:37:43,675 --> 00:37:45,895 I was looking for here too close to the 10 o'clock hour. 629 00:37:45,955 --> 00:37:48,865 And when it's already had a real nice run and we're below an old low, 630 00:37:48,925 --> 00:37:51,505 so, and again, it's an institutional level rate above a big figure. 631 00:37:52,025 --> 00:37:52,625 I'm wrong. 632 00:37:52,625 --> 00:37:54,995 That Stanley, when I've always been wrong in the past, the 20 633 00:37:54,995 --> 00:37:58,055 levels supported and recapitalized and you don't see the big figure. 634 00:37:58,065 --> 00:38:02,705 So time of day was a factor for this, uh, collapsed, no complaints on my part. 635 00:38:02,705 --> 00:38:04,475 I'd like what was done today? 636 00:38:04,505 --> 00:38:05,555 Favorable outcome. 637 00:38:05,765 --> 00:38:07,745 Really nice, uh, example of pricing. 53643

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