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Malcolm that folks, this is lesson four
for short-term trading, blending outta
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due to ranges and PD res or liquidity.
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Okay.
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When we're looking at, if the data
ranges that we're referring to
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specifically time and PD, arrays
are dealing specifically with price.
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So blending the two elements together,
you blending time and price theory.
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If the data ranges provides you a context
to look back the last 20 days, the last
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40 days in the last 60 days as you move
forward, you're casting forward for a
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new set of 20, 40, and 60 each new day.
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You shift that range forward to look back.
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Period gives you the context of frame.
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The PD arrays with a reference point
in time, the interbank price delivery
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algorithm will reach back in to data
arrays between the last 20 days, the last
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40 days in the last 60 days, which data
array they use or refer to is respective
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to the PD array in reference to price.
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If price is in a premium.
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Obviously working for the market price
up, we would be looking for a bearish
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mitigation block, a bearish breaker,
liquidity void fair value gap, a bearish
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order block, a rejection block, an old
high, or an old low from the market
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price and below for discount market.
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We'll be looking for a bullish
mitigation block, a bullish breaker,
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liquidity void fair value gap,
bullish corner block rejection block
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old, low or old high moving from the
market price up in the order that's
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listed in the premium data race.
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That's the order in which
the algorithm will seek those
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respective price references.
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They're not in any different order.
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This is the order where the air
Archy and the way that they're
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set up there is not always a void
or a gap or mitigation block.
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It may just simply need to go
all the way up to a bear shorter
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block or a rejection block.
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And the same thing as said in opposite
terms for when the market's in a discount.
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It's not ambiguous.
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When we look at price in the form
of the PD array matrix it, good
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practices is always as simply go
through your price charts and just
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look for where prices right now
at the market price and above you.
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Okay.
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Looking back last 20 days, 40
days and 60 days, which PD arrays
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in the form of a premium market.
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Again, not all of these bearish or
premium arrays will exist in your price.
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There may be a selection of three or
four, or maybe as little as two, rarely
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will you have all of them to choose from.
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So what you're doing is you're
looking back over the last 20 years.
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And you're looking to see above us
in terms of the market price would
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be deemed as a premium market.
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The last 20 days, which PD
array exists in price action.
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Looking back 20 days, which
discount PD array exists below.
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There may be a PD array
above and or below us.
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That's already been used by price action.
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For instance, it may be a bullish order.
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Block prices already treated down
into and responded and reacted
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accordingly and had higher prices
that PDA Ray has now been exhausted.
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So you'd have to look for
another discount PD array.
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When we refer to time and price,
what we're doing is we're blending
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both of the components, just like the
algorithm does the algorithm has to
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go back a specific number of time.
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So what we do is we break it
into 20 trading days, which is
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essentially one month 40 trading days.
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There's essentially two months
and 60 trading days, which
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is essentially three trading.
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By combining both time and price, we
get the closest thing we can arrive
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at in terms of what the algorithm
will seek to do in terms of trading
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to the next level of liquidity.
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When the markets are bearish, we work from
a premium market down to a discount based
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on whatever premium PD array discount PD
array exist in your current market act.
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When it's bearish those premium
PD arrays will be your resistance
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points or where sell signals or offs
will occur or new cell sign-ups.
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The objective for price to reach down
into will be the discount PD arrays
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that exists in your price action.
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We don't force the ideal of any
of these PDA res they're either
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in the chart or they're not.
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If there's an absence of any one of
them, it doesn't negate or increase or
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lessen the validity of a ideal setup.
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It just means that you have far less to
choose from in terms of targets or setups.
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All right.
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Let's take a look at an example.
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We're going to use the Australian dollar.
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This is the daily.
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And the first thing you want
to do is you want to break your
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market up in reference to time.
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Now we have to look back up 20 trading
days, 40 trading days and 60 trading days.
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We can go back all the way
to the 60 trading days.
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And you can see that the lowest point
with the old low noted and the highest
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high formed in the last 20 trading days.
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That is our total 60 day trading
range, splitting that market in
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half and reference to its old.
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And it's old.
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Well, we can see where the premium
and discount market ranges exist.
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If this old world was violated, we
would have to go back and look at
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the old world formed in the 60 day.
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Look back, period, the arrow
delineating the lowest low
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in the last 20 trading days.
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If that is violated and traded below.
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We would go back not to the 40
trading days because there's no
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lower low, the next lower, low or
discount PD Ray exists in the 60 day.
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Look back, and those levels are noted.
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Respectively.
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The last 40 trading days, you
can see the range is defined by
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the highest high and the lowest
low in the last 20 trading days.
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So when we look in the last 20
trading days, we do, as we think
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in terms of the PD array matrix.
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Now what I've done here is I've
overlaid the actual matrix.
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Now you don't need to have
this much information or try
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to have this in your price.
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Action.
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But I'm giving you a graphic
depiction on how I internalize
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and I interpret price action.
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So if we see where prices right now
at Friday's close of the week of this
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recording market price is defined
as Friday's close, and we would be
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looking at the highest high and the
lowest low in the last 20 trading days.
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That's our first look
back period of 20 trades.
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We start looking for bearish
mitigation blocks in the premium
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range, a bearish breaker liquidity
void fair value gap, bearish order
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block rejection blocks and or on old
high or old low the low market price.
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We identify any bullish mitigation
blocks, a bullish breaker, liquidity
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void, a fair value gap and Polish
order block rejection block.
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Or an old, low and or high
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with the mind.
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What I've noted is in the last 20 trading
days, these are the respective premium
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and discount PD arrays in the last 20
trading days, working our way from the
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top down, we have an old high rejection.
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Uh, bearish order block mean threshold.
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That's the three up candles ranges,
other bodies, highest high and lowest low
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in terms of the bodies, not the wicks,
that's the main threshold or midway point.
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Then we have the bare shorter block.
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And then we trade down
in to the discount area.
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When we see a bull, a shorter block,
bullish, shorter blocks, mean threats.
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The rejection block.
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And then finally, the old low,
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if we move down into a four hour
chart, you can see how these PD
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rates give you much more detail,
and you can start to see how price
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moves from one PDA rate to the next,
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the market for the Australian dollar
made a higher high on Tuesday.
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Failed to make a higher high and
trade higher into a monthly range.
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As I had expected in my analysis,
you're going to learn that having these
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understandings of short-term trading, it's
not required for you to know all the time
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exactly where the market's going to go.
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If you fail in your analysis,
it'll give you an immediate reason.
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Maybe reverse your analysis and take
the trades in the opposite direction.
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This was the case this
week in our mentorship.
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Originally I was long or bullish on the
Australian dollar, but the expectation
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of a larger price move it failed to do
so on Tuesday, once Tuesday broke down.
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As you'll see in the later slides in this
presentation, we have a lot more analysis
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to suggest the price was going to trade
down and closed the liquidity void.
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Now, again, this is a four hour chart.
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So if we saw price fail on Tuesday
and break down lower during Tuesday,
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we start looking for bear show
ideas inside of the premium range.
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So we look for all of
the premium PDA rate.
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Just start keying off of
potential cell scenarios.
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When we sell short on the daily PDRs and
the premium range, we will be looking for
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a lesser timeframe to target our exit.
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That would be in the form of
a four hour or one hour chart.
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The four hour here shows a clear
liquidity void as outlined.
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Price also trades back up into a
mitigation and breaker trades out to
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an institutional price levels, 76 80.
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And while we're not necessarily needing
the actual high, the weak, we can still
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take participation in the market move
because we understand that the shift in
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order flow has now been moved to bearish.
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So we were looking for.
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Discount PD arrays below market action.
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At 76 80.
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We were in the premium range.
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The void closes and takes
us into discount range.
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Notice that in the shaded green area.
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If we further refine this into the days of
the week on a four hour chart, and you can
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see how this clearly came down and closed
in liquidity void, right to the PIP.
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If we add our market, man, Manipulation
template forming the high of the week
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on Tuesday trading at an old monthly,
weekly, and or daily high liquidity pool.
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That's what we saw on Tuesday.
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It trades slightly above
Monday's high rejected.
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Once Tuesday broke down, the
likelihood that we would see lower
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prices was in effect why I said
we could start looking for sure.
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It's 76 80 with the objective of 7,605 as
our downside objective, that was framed.
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As we see our market-maker manipulation
template, the discount market
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PDA Ray is going to be used on a
timeframe lesser than the premium
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liquidity pool that was used.
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So the daily high on Monday
was violated on Tuesday.
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That's a liquidity pool
raid on a daily high.
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If that's the context we're going to drop
down to a four hour and or one hour chart
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to look for a discount PD array, it comes
in the form of liquidity void taking
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us down into 76 0 5 was our objective.
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Everything tied together.
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We get a combination of.
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Elements of time and price blending and
using the market maker, manipulation
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templates in accordance to our market
profiles that we used and learned in
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less than two, we get a symmetry in
the marketplace that would otherwise
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probably escape everyone else.
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So hopefully with this example and
understanding and using an example,
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we used in live analysis, this.
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While we were initially wrong and our
expectation of a higher breakout on Aussie
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dollar that failure swing on Tuesday
gave us insight on how we can change
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gears and get short on Aussie dollar,
even while it traded in sympathy with
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the weaker dollar, which isn't too bad.
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Blending the two time and price.
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It gives us the ability to work
within the same parameters that the
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algorithm will at the interbank level.
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Hopefully this has been insightful to you.
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We'll build more on these ideas as we go
through and trade with more insights using
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the up-to-date ranges and PD array matrix.
17939
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