All language subtitles for 022017_l EN (F)

Okay, good morning folks.

Welcome back a bit of house
keeping before we begin.

Um, we will be having a live
session with a great deal of

information tomorrow and Tuesday.

So Tuesday session again, I hate
to repeat it for those starting

here live, but it is what it is.

Um, tomorrow we will be going
through every individual payer

from dollar index, Euro dollar
pound, dollar, us CAD, all the.

Euro pound gold, silver.

And I will probably throw in dollar
again, just because I could get

a lot of questions to include it.

So after tomorrow, we'll probably have
that also on our day to day, uh, recap,

loner chart index, and any analysis that
may be salient to that payer, but we will

go, we'll be going through every single
pair of breaking it down from a monthly,

the weekly, the daily and the four hours.

So we're are.

Scope is from this point on, we
have to start looking for traits.

Okay.

So we're at the midway point.

Now we're closing up shop
on the first trading model.

So this week you're going to
have two more to get on the last

two teachings for swing trading.

So, and they're very long.

So I'm also letting you know there.

These last few videos is the meat.

It's the actual breakdown of
what I do for swing trades.

So there's a lot more detail.

So if he, if he thought that we've
been light on content, it's because

it's all in the last two sets.

It's the breakdown of what you're
dealing, how to deal at, where to

begin, what to do at your charts, where
to find the setups, how to trade the

setups, where your is going to go.

Where do you move your stop?

When you move your stop
higher, do you move your stop?

All those things are answered in the last
two sessions for this, uh, this month.

So you'll have a great deal
of content this week between

tomorrow's session, setting us up
for the next three months outlook.

Um, I'm going to go over why
I'm choosing every single one.

So that way there's absolutely
no questions on the forum.

Well, why didn't you pick this
candle and not this candle, I'm

going to go through everything.

It's going to be at nauseum.

The detail's going to be at nauseum.

So I want you to see exactly
how I break down a top-down

analysis for a quarterly shift.

Okay.

Cause we're getting
ready to go into March.

So I want you to see how I'm doing it.

As a caveat going into it.

Some of the levels may change a little
bit when we get into March, because

obviously the markets are dynamic, but
as it is tomorrow, the majority of the

higher timeframe, monthly, weekly, and
daily levels, they're pretty much static.

We may end up seeing new four hour
levels, but that's not that big of a deal.

So that's the business for,
uh, uh, tomorrow again, today's

is going to be a light session
because the U S markets are closed.

And to be quite honest with you had,
I really looked at the calendar.

I probably would've told you today
would have been a prerecorded session

and I could have gave you something
regarding, uh, you know, institutional

or flow something in that regard.

We'll go over what we're going over today
and also draw in a point of reference.

I've done many times in my free sessions.

If you have not made a notation of this
in your notes, or if you don't remember

or recall it ever being mentioned.

Okay.

And some of you older members
that's been with me for a number

of years, we'll know right away.

When I'm about to say regarding the
holidays, when the U S market has a

holiday where the banks are closed.

Usually foreign pairs will
make a run against the dollar

since the dollar is quiet.

And the trading is a
non-active in the states here.

Many times, you'll see a run on the
dollar amount where its foreign currencies

will make, uh, uh, an intimidating
rally higher against the dollar.

And while that's generally the case,
it doesn't happen all the time.

But as a.

General rule of thumb when you go
forward from this point on, if you,

haven't never noticed that if you're
a day trader and I know we're outside

the scope of our teaching topic for
that, because we're only focusing on

swing trading now, but I just want to
mention it because it is a holiday.

Obvious that we should be talking about
now, because this affects the markets.

Generally you'll see foreign currencies
make a rally against the dollar index.

Now the times that it won't
be so significant is if the

dollar itself is poised to go.

And they just have a pause one day, pause
where the market hasn't really moved.

And that will cause what
you're seeing here, like a

consolidation in the dollar index.

Now, does that mean that the foreign
currencies can't rally against the dollar

when it's being held in consolidation?

Absolutely.

We've already mentioned before and nauseum
that there is a time when the market is

in consolidation for a particular payer.

And if it's across like dollar and
Euro and dollar and saying it, and

the name of the payers, it should
be like pound dollar Euro dollar.

When the dollar index has
consolidated, that's still free to

allow your dollar to rally or to.

But on bank holidays like this, or
in this case, it's present state.

So there's no, there's a
movement in the marketplace.

So that means that dollar is
going to be in consolidation.

And we know that there's going to be
a strong probability that the foreign

currencies usually rally against the
dollar on this type of environment.

So whenever there's a bank holiday
or something like that, and the

states just expect as an intraday
basis, there's a high probability for

foreign currencies to rally against.

And just keep that in your and your notes.

All right.

So we're looking at the dollar index.

Um, nothing's really
changed since last week.

We're looking at the small
little short-term bounce off

that bullish daily order block.

And here we don't want to see
it trade above for the bears.

We don't want to see a trade above
these candles bodies in here.

Okay.

For the bowls.

It has to get above that to, uh,
to get me interested in going

long and looking for one or 2 25.

Um, we have already went through 1 0 1 60.

So again, it to get bullish
again, it has to get above

these two bodies, not the Wix.

I don't care about that as needed to
see it, get above these candles here,

because now think about what that does.

If we trade higher and get
above these candles in here that

makes this a potential Bosch or
block and this candle with it.

So we would be looking at
the open on that candle.

Okay.

One-on-one basically one-on-one basis.

So when you'd like to see a trade through
it, not just get above a little bit,

but it has to make a real run for it.

And if it comes back down, we could see
this as potential support, but in here,

nothing terribly exciting about it.

We're still stuck in the mud.

Basically.

I'll keep my charts over
here a little bit like that.

All right.

So we also are inside a four, our breaker.

Okay.

So we have this candle here.

1, 2, 3, 3 down candles, right?

For the.

All three candles blended together as one.

Okay.

That would be a 12 hour candle.

Is it?

So four hour chart price has moved
up into that and it's consolidated.

Okay.

If we roll over and start to go
lower, that will solidify the idea

that this was a strong breaker
there, mitigating those longs that

they use to dry price up to 1 0 1.

That failure to get above it
in here would indicate that

we're looking for lower prices.

And therefore we would be looking
for the sell side liquidity.

As you see over here on that 100 level,

your dollar.

Okay.

We said, uh, we'd see, 1 0
6 80 it's maintained itself.

We have I railroad tracks in here.

In other words, railroad tracks
are a real big up candle.

Then followed by
immediately big down candle.

They don't have to break
below the previous candle.

It just shows you there's a strong,
willingness to not go higher

in here and big profit taking.

Much in the same vein
with the dollar index.

I don't care about this pair right now.

It just simply isn't giving me
enough to get interested in it.

And you know, in the past I've
traded this pair a lot and

mentioned it a lot in my analysis.

I just don't see anything in here to make
me want to do anything with, to bear.

I don't even if the dollar moves outside
of its range, I simply don't know what

I would want to capitalize on right now.

And we'll get into more detail about that.

We'll break down the actual levels.

All right.

So here we have the British pound
U S versus the dollar index.

Now I mentioned, yes, well, not yesterday.

Good grief.

It was last week that their retail,
world's going to see a trend line in here.

And I, wasn't going to draw a
trend line here, but I'm going

to do it in today simply because
there's nothing else to talk about.

And I want to make a
fallacy out of trend lines.

So we have.

This idea here, which is classic retail.

I just tell you, you got
to take the screen catches.

I seen ICT using trendlines diagonally.

So, uh, we have this high here, this
high here, this hot here now as a

young trader, when I first start.

This would get me all worked
up in a froth and be okay.

Now this is obviously a bear market.

I'm going to look to go short and
invariably, every single time I tried

to do it, it ran right on through
the trend line and kept on going.

And I don't know if that's been something
you've encountered, but I can tell

you many times that's happened to me.

Okay.

So I have a lot of interest in this
market, really getting above this high.

Okay.

I think it's going to go above this one.

So they're going to go above that.

And it's going to go above the
buyers of these candles here, which

is a breaker bar, not a breaker,
a rejection block, and they would

run up into the breaker this here.

Okay.

So we have two reference points in
here at which it can draw own price.

It is a holiday in the states, uh,
dollars being held and consolidation

pound is already shown intraday stern.

We have a big liquidity
pool here, here, and here.

They can dust off all three of those
enter day today while the dollar sleeps.

And that will also, uh, create
more of an interest in it.

Maybe we could try to get up in here
and make a run above this high here.

But right now I'm looking at the daily
chart just to be mindful that 1 25 20

level, all the bodies of the candles in
here are pretty much nailing that level.

And it's institutional.

We've had 1, 2, 3, 4 times.

It tried to go through it and every time
we tried to go lower, it just hasn't done.

So with any convincing fashion,
we'll load that 1 24 20 level.

Okay.

So it's, it's hanging
around this range in here.

So it's really defined, even though we
have Wix trading on both sides of the

marketplace, the bulk of the volume is
being held inside of basically a hundred

point range or a hundred pit range.

So we have.

Let me see if I can get
this to show up here.

I have it on your earliest morning.

There you go.

Um, this is generally the pattern you're
seeing is the classic chart pattern.

Um, well we have price moving
down until consolidation.

Now, if you know anything about classic
chart patterns, this is when they do work.

This is what generally happens.

You have a high and a low defined
here's the low and the highest high

just projected from the low stress.

Okay.

Even though there's no high here, you're
referencing in terms of the width of

the pattern of the triangle or coil,
if you want to call it this success

of lower, lower, lower high, and this
high and the body notice on there, I

referenced that I did not care about
the Wikia did not use this either.

I'm using this point here in my opinion.

Okay.

Um, yes.

You don't see it.

Go down to this little tiny
little pinpoint before breakout.

It's usually like the last quarter.

Okay.

If we define this, this whole triangle up
into four blocks of time, like this would

be one here and it would be two here and
it would be three here and four here.

Usually before it gets into the fourth
block or rate at the beginning of the

fourth block of time, if you delineate in
four equal sections, in other words, the

triangle itself, a perfect triangle go
back into to fight it in four quadrants,

usually a cup, a good green tongue
twisted, a significant move or break out.

Will happen and it doesn't
give you direction.

You have to look at other tools to give
you that, but generally there's a breakout

prior to the triangle, get into its point.

And usually within the, um, the very
beginning of the fourth quadrant in terms

of dividing the actual coil triangle up
in time and equal blocks and all sorts of

stuff like this, and you read about now
is where we'd expect to see it break out.

Now it first.

You would expect it to see the break
lower only because we've had seen

lower high, lower, high, lower high.

And we're at this high here.

And I liked the fact that every time
we came back, we filled in the void.

This high closes in that one,
this void closes in that one.

I see that as, yes, it comes
back and it may be capitalized.

New shorts, but also we can't get below
this old high and this Ohio on the

daily, and we're not making lower lows.

We are making lower highs,
but we can't get lower.

And the only clear, obvious level,
and you got to think like a market

maker, the retail sees this trend line.

So even if it is ultimately going
to go lower to 23, In this area down

here, I think that they're going to
knock those trendline guys out and

all they have to do is really take it
above this high here and to do that.

They could really spike it
through that short-term high.

And that will be nice because if
he did that while the dollar sleeps

today, that would create an SMT
diversions, because most likely the

dollar index isn't going to make that
lower low while this higher high will

in this high or this high would be.

And you're probably saying, well,
that's a lot of movement in here.

Yeah.

It is a lot of movement, but that's
usually when she ended up getting

against the dollar, when a dollar
has a bank holiday, they get

most of the dollar gets muscled.

Um, cause it's being held in shackles.

It can't be, it doesn't have
the freedom to move around

because our markets are closed.

So what we see is generally there's
a, uh, a run against the dollar

index in an environment like this.

So be mindful that today and going
into London close speed, but be aware

that we could make it run above.

Hi in break that suppose that
trend line diagonal resistance.

But apart from that, we store a hundred
point or a hundred pit range in here.

I don't have any strong
convictions about higher or.

And this pair hasn't,
there's no real clean level.

Okay.

And I know some of you get all
worked up in a frenzy about it.

Every time you sit down and there's
no trades, there's no trades.

Um, here's what I want you to
think about strip everything away.

Okay.

Strip everything away.

Forget that we talked about gold
going higher and it went higher.

Forget that we talked about silver
going higher and went higher.

Forget everything that
we were right about.

And this is focus on the
negative Nancy stuff here today.

If we can't.

Okay.

Agree on this too.

Can I have a problem,
but I failed miserably.

Okay.

But I want you to look at this pair here.

Okay.

I want a daily timeframe for cable.

Is there anything in this chart that
is obvious and therefore clean in

terms of the technicals for where block
breaker, low resistance liquidity.

Is there anything in this chart
clearly defined where it stakes

a high probability trade?

Cause I'm gonna be honest with you.

It ain't there to me.

I would love nothing more that you'll
say this is, this is a clear level here,

and this is where they should be buying.

I've been stuck in this pair for a
couple of weeks now because it's already.

Moved into a range where
it could be a problem.

And I said this, if we failed above
here, this market could go into a

consolidation and trade sideways, go
back and watch your videos in January.

You actually hear me say
it leading into February.

The first week of February, I,
every time we talked about cable,

my concern was where are we going
to go into consolidation in here?

And that's where we're at.

So it makes trading very, very
difficult, unless you're going to

be a day trader, which is not in
the scope of our trading, right?

And for thirds that are really
worked up about wanting to get action

in the marketplace, we're getting
into short term trading in March.

So there's going to be a whole lot of
stuff to talk about how much every other

day, there's something to be working on.

What levels of pick and trade off of, but
day trading we're having every single day.

There's.

Okay.

So believe me, if some of your accountant
pennies, and you want to be able to get

your money back for your investment.

When we start getting into the day
trades, I'm not telling you to do

anything with your money, but we're going
to have opportunities every single day

to pull pips out of the marketplace,
but you got to learn these things.

And you also have to learn when I tell
you that we're going to most likely

go into a trading range environment.

What was the catalyst that led to that?

Why did, why did I say that the pound
dollar was going to go and consolidate.

Because of the dollar being stuck in its
range and the cable, not being able to get

up here to the 27 30 level we were looking
for, which is that level back here, let's

maximize that just for sake of discussion,
we're in a larger trading range.

Okay.

But since we failed to get to it here,
that means that the bullish near-term

outlook has it has been abated.

And we can't really justify it going lower
because we have one, two significant highs

that price has broke through and we try
to go through it already hit the main

threshold of the last down candle here.

So really we're trapped the market can't
go higher and it certainly has a whole lot

of market structure to support it from.

While the dollar and the eights, it's
not going to go higher or lower either.

So that's what goes into
Anissa's for you Harvey.

Cause I know you mentioned discussions
or, uh, uh, struggling points in regards

to ranges and trading and trading ranges.

And therefore, this is why I
said that we would probably

going to go into a range where.

So if you pay attention and not
try to listen in, okay, when's he

going to tell me to get a trade?

W where's the low I need to buy it?

Where's the level I need to sell at
the stuff that you should be focusing

on is the things I'm talking about.

When you should not be trading, we're
going to go into a trading range

environment and I can tell you, and I'm
not going to do it because it will be

rude, but I want to let you know, there's
like 20 people in our group that are

trading this pair right now, both long.

And.

And they're getting beat up.

Yeah.

They show profits for one day and
then it gets gone and taken back.

And the reason why that's happening
is because you're not listening to me.

Okay.

Listen to me.

I'm going to protect
you from losing money.

That's my number one goal.

I don't want to see you lose money
because if you lose money, number

one, you're going to lose your
confidence about being here and you

won't learn anything and you'll walk
away thinking there was no value in.

Too, you'll have money once you're
done to make all kinds of money, cause

you'll know what to do with your equity.

Then if I talk about a pair of going
and consolidation, and this is the

pair that was standing out for the
ones that actually trade, and I

actually told you to stay away from
Euro dollar, what does that mean?

We have to trade other the payers.

So what should we be focusing on
all of the dollar and gold prior to

the markets like this, going into
consolidation, I rarely talked about

the metals and I really talked about.

But those pairs are the
ones that we're moving.

And that's where our opportunities were.

We saw by in Aldi and we saw buying
gold and they're closely correlated.

They both go up all, he
goes up and go, goes up.

So we had, everything was focused on that.

That's why we focused there.

I'm not just cherry picking things.

I'm giving you what I use
for the last two days.

But if you choose not to listen to
them, please don't send me email

saying, why isn't this cable going down?

Or why are you trying to, uh, expect this
cable to go up from here and not go down?

And you're showing me
charts where you're short.

Really?

What you're asking to do
is manage my trade for me.

When I've already told
you don't trade this.

It's not high probability.

So if it's, if it's not high
probability, it doesn't mean you

have a good chance of making money.

So if you don't have a good chance
of making money, why the hell are

you in that payer to stay in the side
and wait or trade something else?

Trade all of the tree gold.

Okay.

There's other things to be looking
at, but don't force something because.

I don't know if there's some of your
arm wrestling with me or war or what,

but if I'm telling you that the market
has very low probability, please don't

take that as an arm wrestling challenge.

I'm telling you, please don't
because there's simply not enough

in the technicals to support
the idea of taking a trade that

will equate to high probability.

It's as plain as that, you can't get any,
it can't get any more plainer than that.

Now, if I tell you the markets
are really poised to go home.

Okay.

And you choose the one
to be selling it again.

Don't arm wrestle that because
I'm giving you a macro view.

That is generally right on spot it's.

Uh, I mean, I'm, I'm, I'm not a
long-term trader, but my longterm

analysis is what makes my short-term
analysis and day trading so accurate.

So I have to not toot my own horn,
but remember if I'm telling you

all that, these are the conditions.

Okay.

Listen.

You have to listen to that because you're
not learning anything by saying, okay,

I hear what he's saying, or I'm not
paying attention to what he's saying.

Okay.

In regards to the macro view, it's
doing exactly what I said we are.

We should be concerned about if we fail to
get that level up here, it did it failed.

Okay.

If we fail to go up all these
highs and reject, we're probably

going to go on consolidation.

That's where we're at books.

That's where we're at.

This is where I lost money all the time.

If you could go through my last two
decades of journals where I was cussing

myself out, it's because I was trading in
this environment, I had to force myself to

learn where do these conditions come from?

How did this, how does this miss
end up coming into the charts?

Because if I can see that
coming beforehand, it's like

no one wears a big pothole.

I mean, imagine you went out and
you bought yourself a brand new.

Mercedes-Benz brand new.

It's cherry.

It's a beautiful piece of machinery.

You're driving down the
road and it's foggy out.

You can't see 10 feet in front of it, but
yet you want to still do the speed limit.

Nothing has changed in your ideas.

It's the same road you've been
riding for the last 25 years.

So, you know, like the back of your.

But you don't know that some
goober does, uh, tore up the road.

Okay.

And didn't put up a construction
sign, a hundred yards up the road,

and you just kept on driving and slam.

Now your beautiful piece of
machinery has its front of the

line all tore up and maybe even
worse if you see that road sign.

Okay.

That there's a, there's a
potential for a issue ahead.

Do you still want to keep trading
or drive in the same way without any

worry or concern about a potential.

Because that's what this does.

This is all hazardous trading, unless
you're a day trader, which we can't

be talking about right now, because it
doesn't fit the curriculum schedule.

It doesn't, it doesn't tie in yet,
but there's, if you go into this

lower timeframe, when we learn the
day trading stuff, this mark that's

what month out in February, and
then go to the day trading stuff.

And you're going to see
there's traits every single.

But I can't teach you appropriately by
going into the lower timeframes, five and

15 minutes, I frames just for trade sake.

Okay.

Cause if you need that again, that takes
us right back to the beginning in August.

Don't be here for that.

Be here to learn.

You have to know how to keep your money.

First.

Everybody can take a trade.

Okay.

Every one of us can do that.

We can buy, we can.

But if we're buying and selling in
conditions that don't have the most app

opportunities for us to see movement.

That makes sense.

Cause none of this in here makes
any sense, not on a daily chart.

It doesn't, there's no high
probability conditions right now

in cable, on a higher timeframe.

Now at the day trade you can say, okay, I
took this trade ICT and I bought it here.

I bought it are our solar here
off these levels, then you okay.

I'm not going to argue with it.

Because you're in a short-term timeframe
and your ma you're not marrying the idea.

You're trading intraday volatility
based on this idea that we're in a

range, but don't think that we're
in here trading to one 20 nines.

Okay.

Or one 20 twos based on something
in here, because it doesn't have

the highest probability or there's
no technicals that are clean.

We're all over the place in here.

It's wicking all over the place.

So how are you going to put a
low risk, high probability trade

on in this environment based on.

You can't define it by my work.

You can certainly probably make
up something with someone else's

trading ideas, but I am not
changing other people's ideas.

I'm trading with.

So, if I say that there's going to be
a high, high probability for this pair,

if it fails to go above this high, not
hit this level here, it says that the

near-term bullishness has been pushed
to the side and it doesn't look bears

to me at all because we have all of this
market structure here where we already

went down lower and it hasn't gone lower.

And we couldn't get below the
mean threshold this last day on

Canada, which is why this level.

I had such a significant bounce off at it.

And then we had this higher load
that didn't get violated and

we have a higher, low here, and
then we had price rallying now.

So my argument here is for some
of you and 20 people, I think

is too much out of our group.

You know, we have 780 plus and 20
of you are arm wrestling with this

pair and you have to stop doing.

Stop because you're not learning.

Or if you haven't learned you, hopefully
you learn now that if I'm telling

you the conditions are going to move
most likely go into consolidation.

That's a hard market to
trade on a swing trade basis.

Yeah.

I mean, you're basically compounding
the difficulty level of trading you.

Then you make trading impact.

And then yeah, you should pull your
hair out and want to break your

monitors and, and divorce your wife,
and you need to send your kids and

move to another country and never
talk to anybody else again, because

that's the feelings you're gonna have.

You're gonna be frustrated.

Couple that with the conditions in
the marketplace being favorable,

where we have the probabilities to
move higher, everything is submitted.

Okay.

And we're in a different market profile,
considered we're in a consolidation.

Now, if we go to a training environment,
didn't, trading's easy, but you have to

learn to identify when they're coming.

That was, that's what we're doing here.

I'm teaching you what to
look for, why it's happening.

So that way you have these notes and these
reference points and experience seeing.

Okay.

Some of you get excited about me saying
the market's only traded this low when

the trades are to the pit or maybe a
two picture below it or above it, but

it goes right to where we're saying.

And you're like, eh, Ooh, this is awesome.

The stuff like I'm talking about now,
that's the stuff you should be in.

Wow.

This is, this makes a lot of sense
because yeah, anybody can get lucky.

I got lucky for nine months who knows?

I can get lucky for 12 months in
the mentorship and call all kinds

of moves and never get it right.

Again, if you learn when not to treat.

You will save yourself of multitude
of heartache and lots of money

and sanity, because it's nothing
more disturbing than knowing it

or blocks work, uh, uh, breakers.

Institutional order flow
works, cot data works.

All these tools work.

Even the people in my free pre stuff.

Thirst.

First time you watched the video, anything
of my concepts, you can go right into the

charts and find that and say, wow, this
guy really knows what he's talking about.

That's great.

But the missing piece of the puzzle is,
is understanding how as a whole, how these

tools work in the most, uh, opportunistic
times, because it's not just simply enough

at buying every down candle or selling
it every up candle you have to have of.

And the hardest thing to teach
is knowing market profiling,

because really what you're doing
is your forecast in the future.

When you're forecasting higher
prices in a bull market,

that's really not forecasting.

That's just obvious.

I mean, the market's going higher.

Where's it reaching for that?

There obvious things, but
retail doesn't think that way.

They just think by now, let me
make 10 pips and I'm going to

overlap and we'll see what happens.

How field, when I get 10
pits up, I want to hold it.

Professional minded perspective
or institutional mindset is,

are we in a condition right now?

That's favorable for a lasting trend,
higher or a lasting trend lower.

If we don't have those conditions,
then we're stuck in a range.

If we're stuck in a range, does a
large fund pour money into that?

No, because they're not
going to see movement.

That's why when you see a market that's
already poisoned move, and then you have

these big explosive directional bias moves
because the funds are dog piling in and

they just keep pouring money in and it
just keeps on going and it feeds itself.

If I could cook back and show you
all the times where I lost money,

it's going to always be in this
environment here where I didn't know

it was going to go on consolidation.

I didn't know it was
going to go stuck until.

But I have learned over the years,
what the characteristics are, why the

algorithms and why the market makers,
before we went to electronic ideas and

artificial intelligence, where it pushes
price around when, uh, the pit traders

would push price above a whole range,
they would take that high out knowing did

they have a real good chance of it not
going higher because it's no longer boom.

Or at least for the near
term is not bullish.

So they would be selling HIEs or they
would say, Hey, look, I'm, I'm buying a

hundred above the high, the intraday high.

And that guy will take, he'll say,
okay, I'm going, I'll sell that to you.

They're going to make a run on stuff
with a high degree of probability that

it's not going to see a continuation
on the upside and reverse it.

Sell side scenarios.

The pit traders would say, look, you
know, I'm going to, I want to buy it.

I want to buy a hundred
lots below the lowest low.

And it could be trading 20
points above the low and

they'll, they'll make that trade.

And then boom, the market's screwed.

Okay.

It goes all the way down and
takes that lower, low out and then

goes right back inside the range.

That's what we're seeing here.

That's what I warned you about.

If we fail to get above here and not
get to that level, go back and watch

the videos the last week or so in
first week of February, it's in there.

And for those whoops, that downloaded
the, these, you can see, I can't

go on your computer and change it.

It's all.

We don't want to see it fail here
because it could go into consolidation.

That's what we're seeing.

So whenever I tell you this, pay attention
to it, because it's going to save

you a great deal of sanity and money.

And here's the thing.

If you made money in this outside
of a day trade, it was luck.

Trust me when I tell you that and
your ego is not going to like to

hear that your pride is certainly not
going to accepted, but it was luck.

Trust me.

It wasn't.

Because just generally, this generally
is a slaughterhouse, so you're going

to get chopped up and beat up a lot.

And it's meant to take some money from
you because the traders that are in

there working professionally, they know
they have to make their, their income as

well while the market stays and arrange.

Okay.

So they're going to try to make as
much as they possibly can off of

these short-term little moves and
they're going to run your stops.

They're going to push the highs, push
the lows and back to the middle of.

So, if you know, this is
what's going on, imagining what

this is going to help you do.

When you're a day trader, you're
going to do turtle soup day trades all

day long, and you're not going to be
focusing on range ideas where you're

looking for a bullish for a couple of
days and bears for a couple of days.

Like one shot, one kill, no you're
going to be buying old bows and

you're gonna be selling old highs.

That's the game for day trades, but
you can't trade sling trades and.

You can't do it.

I know we were learning
things about swing trading.

You're looking at the position
stuff that we did in January.

Okay.

Now get us in a trade ICT.

It's time we got told.

Now let's go here and do it.

You got to have the conditions to do it.

You can't just simply say, okay, I have
a paint brush and I got some paint.

What am I going to, what
I'm going to paint on?

Because believe me, there's some very
artistic people out there that put

graffiti and beautiful pieces of work.

In my opinion, one of the
most inappropriate canvases.

Build businesses, cars, streets.

That's not where they
should put that work.

And what you're trying to do is you
have all your tools you're learning,

but you don't have that canvas yet.

You got to wait for the market to
give you the opportunity to lay out

that whole idea of it's going to
be bullish or it's gonna be bears.

Okay.

So hopefully I'll not bored you with
this conversation regarding this,

but I really want you to understand
that there is a great deal of

value in understanding when not to.

It doesn't mean you're
making equity highs.

Okay.

It just means you don't
have new equity lows.

You want to make sure that you
understand when it's most likely going

to be favorable for you to be trading.

If you can just pinpoint times like that
throughout the year, you're going to

keep your money, which is the number one
rule capital preservation is number one.

Rule.

Professional traders are in the business
of keeping their money and then getting

other, people's wanting to add to their
equity base, not give out charity or.

Interest-free loans.

Okay.

Cause it's, that's not our business model.

So basically what I'm saying is
this cable who the hell knows

what it's doing right now.

We have to wait.

All right.

So we're seeing a dollar CAD has had
some bullishness off of this area

here, which I haven't had any kind of.

Conviction built on this.

I said that we'd have to get
above these highs in here.

If it does that, then I would be
willing to look for some things

bullish because we would have market
structure shifting on a daily basis.

And I wouldn't know really, um, on
a daily basis, apart from just this

little down candle in here, which has
a lot of WIC, I don't see it in here.

I just don't see.

To propel us up here, but I'm certainly
willing to accept the fact that if it can

do that and then we can see some dollar
strength, then maybe the, uh, the dollar

cat has turned the corner down here.

I don't like the way it did it.

If it has an impact turned that gives
us the low we've had a retracement down

and we start going higher for months
from now, it to me, I didn't like how

it was forming, but I certainly will
bend to the will of the marketplace.

If we get above these times.

And until then we're still on a range
and looking for one 30 and I could care

less, really what it wants to do apart
from going higher until we get above these

candles, bodies, all the dollar, we still
didn't hit our mean threshold yet 76, 55

down here, last down candle on the buy.

This one here, um, intraday.

We had a little bit of.

Today's high was, uh, 76 90.

So again, you can see how we had foreign
currency would make a run against the

dollar index in a paradigm we've been
watching really with some bullishness,

but we fail to get above and get to that.

77 45.

I was only seven 50 until we
break this level down here.

We still look for that.

Uh, we could be at this
consolidate, hopefully get some

weakness on dollar index tomorrow.

And if that's the case, we'll see the.

All the dollar, trying to make a run
one more time for that 77 50 level.

If we lose this level here,
77 55, I'm sorry, 76 55.

We're going to go down below these lows.

And then this is the swing
tree idea here at 75 90.

Okay.

So that's the level we're
looking for for potential swing.

We can come down and hit that.

Um, if it drops straight from
here though, um, I'm not going to.

Bye here and have every bit of
the trade off at 77 45, 27 50.

I'm going to take something off at a
level that would be noted at that time.

If we get down to here, I'll give you a
levels I'm looking forward to take profits

at, but I'll leave a little bit on a very
small bit to try to reach for 77 50, but

the majority of the trade will be taken
off at some, some low or some breaker

in here that may, uh, maybe a catalyst
to reach for, for a premium PD re.

Only for our basis.

Europan we mentioned last week
that we came up close in the range

here from this last up candle,
a little bit of avoidant here.

You clearly see it here, hit it close.

I said that this was done.

It's in the recording and now
we've since traded off there.

And again, this pairs in a
consolidation, but I'd like, I've

simply really like this level down here.

I think that we're ultimately
going to be reaching for 83 40.

Uh, so that's going to be a catalyst for
Euro, which is another reason why I'm

not terribly excited about Euro dollar

gold.

We had a little bit of a
run, uh, intraday here.

Uh, I like the equal highs that
we've left up here and these two

equal, uh, tweezer type highs
and another high appear parasite.

Basically, this is equal highs.

They're leaving a double
top in other words there.

And we liked that 1250 level still.

Okay.

So we're still looking for 1250
as an upside potential for gold.

Um, we want to see price
stay on a four hour basis.

So we want to see it stay above

1230.

So as long as the state's about
1230, we're good for the bulls.

I really like the 1, 2, 3 drive lower
into the low we call for as a buy

buy, sell liquidity, really easy.

See it double, double tops in here.

And we, we looking for a run
above that high and silver

consolidate rant.

The 1800 level still want to see 1820.

So we'll, uh, we want to
see it remain above 1775.

So as long as it's doing that,
we'll continuously see this metal

probably keep making higher highs.

And that's the business
for the market today.

Um, again, holiday today in the states.

So you really shouldn't be
trading, just be observing.

Uh, as a reminder again, tomorrow
we'll have a long, long session.

I'm not going to have a eight
o'clock session tomorrow.

I'm going to do a nine
30 start time tomorrow.

I have a appointment with one of my son's
teachers, so I will have to be me meeting

them at our normal time at eight o'clock.

And then after that, um, I'll
get things together and we'll

be meeting at nine 30 tomorrow.

Just expect a two hour session.

If I can get it done
in less than two hours.

But just allow yourself the expectation of
two hour length into, on Tuesday session.

And then the final note for this week,
uh, just to give you an idea of what

you're getting your last two sessions
for the teachings, you're getting a

complete rundown on how I break down
the marketplace for swing trades,

all the tolls, what tools I use at
what stage, when I don't need them.

You're going to see that the absences.

If there's a tool that I have in
my repertoire, if you don't see it

being mentioned in a specific area
or a context, please don't email me.

Well, what about this tool?

Don't you do this?

Save that.

Okay.

Cause I'm telling you everything.

I'm teaching you in the swing trading
model, the million dollar swing trading

model and the lesson seven, those two tie
together, everything as it relates to.

And you'll see us a lot.

It's a lot of stuff in it.

It's, you're going to see the difference
between all the other teachings

that we've done so far each month.

These two you'll see the complete
difference from how the ma the

contents been delivered and much
more degree of detail explanation.

It's going to be very hard for
you to have questions, but that

way, but please don't ask me.

Well, what about, um, uh,
SMT divergence adhere to, to.

Uh, focus on the things that I'm
actually talking about and only

talking about at the individual
stages, because it's the way you look

at the marketplace, it's going to be
broken down into individual stages.

And until you get from that stage to the
next, in terms of your analysis, there's

no reason for you to be reaching for
tools that don't have any relationship

to that stage of your analysis.

Okay.

So basically I'm giving you
the recipe, the whole complete

outlined for swing trading.

If you follow it and you study it and
you look at it and then you go into

the charts yourself, because you're
going to convince yourself rather

quickly over a weekend that you got
everything you need for swing trades.

So if you're going to be a fund
manager, you're looking to be a fund

manager, you're going to operate a
lot with what you learned in January.

And this.

That's going to be your, your business
model and very little of your capital.

We use for swing trades on an intraday
basis, like day trades and stuff.

You don't want to be doing a whole lot.

And then suddenly you're thinking,
man, I could probably do like a

double my money every four months.

Do you get when you're doing day
trades don't you don't want to do that.

You want to do the bulk of your trades.

If you're managing funds
in a swing traders model.

Because it doesn't
require a lot of trades.

It gives you a lot of freedom
to wait for the setups.

And it also keeps the perspective for your
clients low end, because if they're making

consistent profits and returns annually
and you don't have to do a whole lot,

believe me, sanity will thank you for it.

You just don't want it to have to be
continuously driving the equity higher

that keep your clients satisfied.

If that's the case.

You're going to work yourself to death and
believe, meaning anything worth the money.

Even if you're making a
lot, it ain't worth it.

I've been there.

I've done it.

It ain't worth it.

Uh, the times I've managed it
where, you know, I'm doing 35 to

40% a month, a nine month a year.

Believe me, they're loving you.

They're loving you.

And you're not asking you
not sending you emails.

They're not calling you.

Hey, what's going on?

How we look and you don't want that.

You don't want people
trying to reach out to you.

You don't want people giving you
a report card, you know, a week to

week basis, or even a monthly basis.

You want these folks
to, to relax and trust.

The fact that what you're doing
is, is in their best interest, but

you're not really working hard.

You don't need to work hard to make good
money, and you don't need to sit down

with your clients and explain that either.

Again, if you're not looking at a
fund fund management, you'll probably

change your mind towards the end.

Um, cause you're gonna see a lot of
things talked about, um, especially if

you don't have a lot of money to work
with right now, if you're the type of guy

or gal that's going to be only trading
with like a thousand dollars for 5,000

hours at the end of the mentorship.

And that's all you're
actually having to do.

Uh, with, in terms of your startup
equity, that's nothing to be shameful of.

Okay.

I mean, granted, I started with $2,600.

I borrowed from a credit card.

So believe me, if I
can, maybe I can do it.

Anybody can do it, but if you
are interested in getting your

equity base up quickly, okay.

In shorter time than overleveraging
your account, doing a small account,

proving your consistency and then
making yourself available to other

people, investing in you believe me,
it doesn't take long to get six weeks.

Very quickly for your own trading
by managing other people's money.

And trust me, it doesn't take long.

Once you have a hundred thousand dollars
and believe me a hundred thousand

dollars is easy to get ahold of.

It's real quick to get ahold of that.

But once you get that, you treat
that for one year consistently.

You'll see quickly why a nine to
five job is this absolutely stupid.

It's a waste of your time.

It's so it's not secure.

It's not the, uh, the safety net
that you've made yourself believe.

Okay, your wife, your husband,
they're gonna look at you and

think that that's nonsense.

You have to have that job.

And I'm going to tell
you it's the opposite.

Okay?

Because that job doesn't guarantee
itself next week or tomorrow,

you're maybe at your job right
now, listening to me sneaking.

And I'm telling you, there's no
guarantee, regardless of how nice of a

person you are, that that job is going
to be there for you tomorrow or next.

But the markets will absolutely be
here tomorrow and next week that's

going to happen until the world
stops, turning commerce and trade is

always going to be there and you're
going to learn every asset class.

So there's absolutely no reason
why you can't double a hundred

thousand dollars every single year.

And I don't know who can't live
with a hundred thousand dollars.

If you're in here in his mentorship
and you can't live with a hundred

thousand dollars, you start a course.

I'll buy it.

You know, maybe, you know,
something I don't know.

And I'd love to listen
to it, but the point is.

You're learning this week.

Everything I do with twin
trading and they're rich

lessons, they're very, very rich.

Do not go through these two
teachings zipping through and say,

okay, give me you March from March.

Roll on mark.

No, no, no, no, no.

You need to be really studying these
next two lessons because it's a lot of.

It's a lot of tools.

It's a lot of rules.

It's a systematic approach to how I look
at the marketplace from a hole and I break

it down and every tool and every facet of
each individual stage, that's what you do.

You don't add to it.

You don't subtract from it.

You do just this and only this,
when this does this, you do that.

If this doesn't do this,
you don't do anything.

That's all this does.

It leads you to that outcome.

Okay.

Now at the end, Of this month,
you're going to have an understanding

of what you supposed to be doing
with the swing trading, from swing

trading ideas to short-term trading.

There's a shift, some tools and usage
of things are going to be referred to,

but then you have a whole different
set of things you start looking at.

Cause now short term trading,
you have to start incorporating.

So we're going to start looking at
average daily range ideas, and you

start getting more tools from a Mt.

Four standpoint, and no, you do not
need empty four to trade this stuff.

I'm going to teach you.

So don't freak out.

I know a couple of people
reaching out to me.

If I go with this certain broker, because
FXCM has closed their doors in the states.

If I go with another
broker, they don't have MP4.

Can I do, can cannot do your stuff
and use your tools without empty for.

Anthony Ford just creates little gizmos
that help you look at things, but

you don't need those things to trade.

They're just lipstick and time savers.

If you're only trading
one care, good grief.

You don't need, you don't need a
whole lot of things to, uh, to make

your trades effective or accurate.

So in the last bit of business
for our close with you today,

um, central have everything you
need to know with swing trading.

Okay.

In August with August is going to do,
because I had one of our customers

concern and selves with something that is
inaccurate in the way they're dealing it.

When I say you're getting flow
charts and templates in August,

what that's teaching you is okay.

If I sit down with the marketplace
right now, am I in a favorable swing

trading model for the marketplace?

And if I am, how do I go
right into my analysis?

Am I in a short-term trading?

Am I in a long-term trading model, all
of that is a structured approach to sips.

Systematically apply all the
individual disciplines I'm

giving you the actual components.

Okay.

And again, this is for folks that have an
understanding with computer programming,

you'll know exactly what I'm doing when
I, when you get these last two lessons

and you have individual major components
that will tie together in August.

Well you'll know everything,
you'll know exactly what the

market's doing as a macro.

And where the opportunities are
and whether or not that's, what's

going to save you a lot of time
and money and frustration, knowing

where to focus at right now.

It's kind of like the heat map
of the complete marketplace, you

know, you know exactly where all
the actions should be right now.

So therefore that's where
your focus should be.

And what action is it?

We're looking for institutional
sponsorship, where is the institutions

putting money or taking money out of?

Because that's where
the opportunities are.

An example of that was last week or
last couple of weeks where we stopped

falling foreign currency and went to the.

Okay.

I'm and traded gold.

And we had a buy signal.

That's beautiful.

And it's a nice little short-term pop.

There were $2,000 per potential
profit, and you can't ask for

anything better than that.

And in a market that's dead.

It's sideways.

It's not doing anything right now.

And other traders are getting.

They have no idea what's going on.

Okay.

So you're getting clarity, you're
getting a reason why you're doing things

and why you shouldn't be doing things.

And it's given you context
that you can't get in books.

You can't get it from other people, even
people that I have a lot of respect for,

they just don't give you this content.

They don't give you the perspective
on knowing why you should be

doing it or why you should not
be trying to do anything at all.

And if you can focus on those values yeah.

And translate that into
monetary loss or gain.

Believe me, I'd rather keep my
money, then risk it on environments

where I have a real good chance.

I'm probably gonna lose.

I might win because you always have that.

You always have that, but I have
a more likelihood of losing.

Why the hell would you want to do that?

Don't do that.

You want to trade when it's easy and
that's what teaches you patience.

When you see looking at Katie.

And it's been in a really
crummy daily market profile.

Okay.

When you have these conditions, it doesn't
give you a high probability swing trades.

It doesn't give you high
probability, directional bias.

It gives you a lot of
potential pain and frustration.

And some of you that have been trying
to train this pair and held on for a

couple of days, not just intraday, you
know exactly what I'm talking about.

You feel it now and use
that as learning experience.

Don't go and do.

So, if I tell you again, in the
next six months, while we're working

together and this mentorship, if
this market's going likely until

consolidation don't arm wrestle me.

Okay.

Leave your ego and pride at the door.

Trust me.

It's always going to
be me better than you.

Anyway, until we finish the mentorship.

Once you know these tools, then
you'll be better than me over time.

But right now I know what I'm
talking about and just trust me.

Okay.

So I'm gonna close it here with
y'all very pleasant afternoon.

Be mindful of that trend line right here.

That number that.

That trendline is probably
going to be breaking.

And until we meet again tomorrow, which.