All language subtitles for 030617_r EN (M)

Welcome back folks.

Okay.

This morning I outlined the
remaining gap that was open from

this previous day's high seen here.

And this is where the high was intraday
into time this morning at 1 0 1 63.

Uh, we almost got up here
and closed in to 101 80.

Uh, just fell short of fair
value gap still remains open.

So we would be taking this
little area here and that would

become the new fair value gap.

So I'm not going to make a
little notation except for just

having it in text form here.

So that was a fair value
gap still remaining in here.

Sell-side liquidity resting here.

I want to see how we trade
at 1 0 180 and two, 100.

So I want to see that, uh,
hopefully we'll get that going

into London session tonight.

Europound buy-side liquidity Paul, just
a little bit higher than we are intraday

so far today clearly emptied out the, all
the buy stops above the short term high.

If we get above the buy-side liquidity
pool resting here, we have a high.

Fair value gap from the candles
hive on January 13th and the

low formed on January 15th.

So there's a smaller gap,
Southside delivery only here now.

Yes, there are some wicks in here where
there was a little bit of balancing out,

but it may end up wanting to go up there.

So that's one of the things that I've
been watching over the last month

and a half or so any signs that it
wants to get up here and close it?

And I think personally, if it does
go up here, I don't think it's

going to stop just by closing it.

I think we'll make it a higher high.

So we'll be watching
your pound going forward.

That may be also an indication of
maybe not so much of a bullish dollar.

If we get this idea of unfolding K
intraday Euro, uh, we are allowed

to look at ally charts now, as
we're in the short term trading.

Uh, intranet gave you some
ideas to watch for the breaker.

For the hourly Eurodollar.

We mapped it out here, shaded it out.

And I called 1.06, 10 as a potential
range high for the intraday move.

And we came in at 1 0 6 11.

So.

I was off there, but we did get
a little bit of a movement lower.

Now notice it did not fall out of bed.

It wasn't a precipitous drop.

It wasn't aggressive.

It tried several times to work
up into that 1 0 6, 10 level.

And finally it did it
with one PIP above it.

And then finally the next
candle, it broke lower.

Now only intraday.

Did we take out their short-term low here?

So there was a small little liquidity
pool for sell side liquidity,

but it's a little bit lower.

We have this range here.

Okay.

So we have a little bit of a gap
in here taking clothes in price,

can trades lower and hit this.

And if it hits this 1 0 5 71 to 5
75 level, that could be a potential.

Um, bounce that would probably
propel rather the Euro pound to

higher levels as we indicated.

So while we're bearish, if we remain, so
we'll be looking for these equal loads

will be taken out and the sell side
liquidity drawn on what I'm looking at.

And this is barring the
Euro pound being bullish.

We have a small consolidation in here.

Price rallied away from it,
came back down, accumulated.

Regulation smart money reversal.

This could be forming the low risk
cell, but if we trade higher, we'd

have to see it fail rate at the mean
threshold of this last off candle.

Cause if we.

The mid point of this last up candle,
we could probably see further upside.

And again, that would spell
bullshits four Euro pound still.

So yes, intraday, there's a small little
movement in there, but again, like

I mentioned on Twitter, just because
I'm expecting something to happen,

doesn't mean it's going to be a trade

pound dollar.

Uh, as I was fearful, I was looking
for the market to get up to this level.

And the reason why I wanted
these equal body candidate.

Broken out.

Okay.

I want to see it, try to trade
above it and then reject something.

Ideally, I would've liked to seen
a trade up to 23 35, 23 40, but

it just wasn't in the cards today.

It opened and straight down.

So while yes, it's weaker.

Um, nothing in here
that I can trade off of.

Nice big void in here.

Still puts us down into the 1 21 60 level.

So a little bit of downside range still.

And then below that we have the
sell side liquidity pool in the

form of a fair, very fair value gap.

Aussie dollar failed to get up
to our level of watch as well.

Basically a neutral day,
small little down move

us cab moved higher as
we suggested it may.

Uh, we're looking for 1 34 75, 1 34.

80 on the upside and
fair value gap in here.

Again, nice reaction off of our daily
bullish order block as a series of

these last down candles and small little
intraday move, not terribly exciting,

but let's take a look at the hourly
chart and we'll see the response of that.

Okay.

So we have a hourly order block
formed here last down candidate

for that mood trade until here,
here in small little bounce.

Now, granted, it's not
a lot, but it's 20 pips.

So take that one to the bank.

Okay.

Dollar swissy.

Um, this is the daily chart.

We moved off of the mean threshold
of this last down candle in here.

That's what this is here and I'm
going to drop into an hourly.

Okay.

So here's that mean?

Threshold of the Dalio bullet,
shorter block trade down rejected.

This low right here rallied up.

And these last two down candles we
mentioned today was the bull shorter block

to be watching price traded off that 90
level on here rallied up rated the mean

threshold of these series of last up
candles that we're still looking for.

Buy-side liquidity resting.

These equal highs.

So 100, one point, I'm sorry.

1.0135 is the buy-side liquidity.

And if we stall it's on the heels of
this main threshold of these last three

up candles, right before the down move.

Okay.

Gold, still a mid-range like self.

See it, maintain that, even
though we have a nice down there.

Silver as well.

I want to see it maintain this
swing low, this trade sideways.

That's the ideal scenario I'm looking for.

If we really run higher on the
dollar index with these metals, we'll

probably have more selling pressure.

Kiwi didn't have any attempt
to rally at all today.

It's, uh, it's been a down day.

We are in these down candles here.

Great for this nice sizeable move up.

So we will be looking for
some measure of support for.

And if we do get an intro week rally,
this is your objective for that.

So potentially a 95 tips or so if we make
the low, what it is here, it could be

about 90 to a hundred pips on the upside.

Apart from that, um, then we'll
probably be looking for another

rotation lower to take out this low.

If we can't get above the fair value gap
in here, if we do rally through that, and

we will be looking for a move about these
equal highs by liquidity at 72 45, 72 50.

And that's it.

Folks.

We will be again, joining one another in
New York session tomorrow, we will have

an eight o'clock Eastern standard time.

Um, New York time basically
start starting time.

And then we will be looking for a
potential 7 45 to 8 45 sessions start, um,

after tomorrow, I think we're going to.

Child gets some things done to get
organized, to do this tomorrow, and

then probably started on Wednesday.

And until I talked to you again,
which good luck and good trading.