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Question.
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I'm getting a lot in email and I'm seeing
it on Twitter too, is that I'm no longer
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00:00:08,220 --> 00:00:11,010
using four X LTD and blah, blah, blah.
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00:00:11,130 --> 00:00:15,270
And actually I am the server
I'm drawing data from is four X
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LTD for this meditator terminal.
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So I downloaded another empty for,
um, software from the broker I had to
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use to set up the Robin straight con.
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So I have it set to this.
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And then, um, I elected to go
back to Forex LTD data with this
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terminal and the other terminal
you're used to seeing me have the
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actually has my live account in it.
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00:00:45,675 --> 00:00:47,595
And I'm not going to show that
because it has the account number.
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And I can't ha if I, to, if there was
a way for me to hide it up here in the
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live sessions, I would certainly do that.
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But I.
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So, therefore I'm not going to do that.
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Uh, you'll see all the information
into my FX book, LinkedIn that make
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public to everyone the last day of
every month for the full weekend.
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So you'll have every, uh, every month
you can take a look at it, but yes,
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I'm still using Forex, LTD as outlined
in the terms of use and all the
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information pertaining to the mentorship.
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So we will operate mainly.
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Uh, maintaining that LTD, uh, data
from, uh, that server and that I
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broker I don't trade with them again.
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That's the disclosure.
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And it's usually because they give
me the dollar index that makes it
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available for you guys as well.
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All right.
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So, um, I got a question also regarding
the, uh, how is this level down here?
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A discount PDR.
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Okay.
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It's a monthly bullish order block
in the form of a bullish breaker.
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Okay.
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Order blocks are not limited
just down candles and up candles.
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They are mitigation blocks.
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They're breakers.
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They are rejection blocks that
are all order blocks there's
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orders within these levels.
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00:02:00,795 --> 00:02:04,665
So when I say order block, and
it's a positive like this, a plus
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symbol OB, it doesn't necessarily
mean like, for instance like this.
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Okay.
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This would be your class.
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Down closed candle, which is a traditional
bullshitter, shorter blog by itself.
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It's just simply a down close
candle where they did more buying.
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It can be a form of a rejection block.
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That would be the order block.
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Just don't let me trip you up with this.
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This is this mine notes.
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00:02:28,185 --> 00:02:30,765
And I mentioned this before that
you're probably going to start
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seeing a lot of this in my charts.
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So get used to the other abbreviations.
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You're gonna hear me.
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00:02:36,255 --> 00:02:36,345
Okay.
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00:02:37,110 --> 00:02:41,130
Um, in terms of referring to
higher timeframe, PD rates and
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such go back to your higher
timeframe charts and look for them.
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00:02:44,100 --> 00:02:44,310
Okay.
57
00:02:44,310 --> 00:02:50,250
But I did get a question about why is
this a discount PD array on a monthly?
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00:02:50,250 --> 00:02:51,420
So let's go out real quick to that.
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And then we'll jump into today's
discussion, which will be short.
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All right.
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00:03:01,990 --> 00:03:04,150
So if you zoom in, okay.
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We had this high.
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And this low for this month.
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Okay.
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00:03:09,715 --> 00:03:16,075
So we had a range, the old high
back here that is also a PD array
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00:03:16,075 --> 00:03:19,705
and it can become a discount PDR.
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00:03:19,705 --> 00:03:19,845
Right?
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Remember the old lows and old highs okay.
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Are still discount.
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00:03:26,305 --> 00:03:30,115
So we have a range defined by
this old high and this old.
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00:03:31,554 --> 00:03:34,225
So we came off of this high
here, Trey, back down into
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00:03:34,225 --> 00:03:35,605
this, this becomes your range.
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00:03:36,774 --> 00:03:38,454
So this level over here.
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00:03:39,325 --> 00:03:39,714
Okay.
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00:03:40,315 --> 00:03:42,204
It should be anchored to this candle.
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This is your Bush.
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Because you take an out this
short-term low with this rundown.
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00:03:54,135 --> 00:03:57,825
So if it comes back down and hits this
last up candle, that's going to be bullish
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or it could be, it could be bullshit.
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Say it like that.
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00:04:01,065 --> 00:04:09,015
So that's what makes that, uh, the
order right in here, a breaker in on a
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00:04:09,015 --> 00:04:14,985
monthly basis, you also have this down
candle right in here, and this becomes a.
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00:04:16,470 --> 00:04:19,440
Future bullish or block, but
it has to trade above its high.
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00:04:19,890 --> 00:04:22,500
The more specifically it's got a
trade above its body, the candle.
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I like that.
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00:04:23,520 --> 00:04:28,260
But in here on a, let me
get this stuff off here.
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It's now starting to confuse me
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here we are.
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This is again why I like force LTD.
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Cause it gives you this.
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I don't know if there's any other
brokers from that gives him empty for.
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With the dollar index, if it was,
and if I knew about him, I would've
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just simply told you to use them,
but I've always used Forex LTD.
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So it's not like I like them as a broker.
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I just liked them because they make
it very nice for, I want to get to
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the dollar index, which I think is in
my opinion, essential trading for X.
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00:05:06,570 --> 00:05:08,220
So you have this, this level here.
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Okay.
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00:05:10,110 --> 00:05:12,810
So that's your monthly bullish break.
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We take on a short term loan here.
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Then we have this range
in here, right in there.
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Actually I used the wrong one.
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There you go.
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00:05:33,745 --> 00:05:38,995
So we have this down candle, which
is a full bearish down close candle.
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And then you come back
up to that same level.
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Yeah, I forgot.
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I don't have this one set
up, so you'll get to see me.
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This is the fear of expansion tool.
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And what this does is it gives you
levels to map out overbought oversold.
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It gives you the discount and
premium levels, and let's see
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if it makes that dark now.
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Okay, good.
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So we have properties.
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Now you go into the.
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Okay.
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And we're going to look at point 30.
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We'll just do real quick
once for sake of time.
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Okay, excuse me.
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So we have a range here.
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The full range is defined
by that right there.
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So we have the bodies, clothes,
and the bodies open the full entire
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range that gives us a range of.
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To shoot for also in terms of
defining premium and discount.
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So if we were looking at just simply
this level here and we'll add it to
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here and we'll add this level here.
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Change that to thinner levels.
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We can see planer.
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Okay.
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00:08:20,945 --> 00:08:24,395
And what we're trying is down
to a smaller, thinner level.
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00:08:39,944 --> 00:08:40,335
Okay.
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00:08:41,054 --> 00:08:46,725
So we have a old monthy breaker that
we're trading off of in here that has
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the most active monthly discount PDs.
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Remember when we go through our PD
array matrix, we're looking for the
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one that's most active, which one's
causing price to move prices traded down.
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00:09:00,510 --> 00:09:03,510
It hit into this last up candle
rate for the down move, which
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00:09:03,510 --> 00:09:04,410
took out a short-term low.
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00:09:04,430 --> 00:09:05,670
That makes us a bullish breaker.
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00:09:05,670 --> 00:09:05,910
Why?
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00:09:05,910 --> 00:09:06,900
Because we traded through it.
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So the shorts that would've been used
at a dry price lower for underwater.
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This level here.
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00:09:15,360 --> 00:09:19,470
So as price trades down into it, we're
looking for mitigation to take place.
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00:09:19,560 --> 00:09:23,460
Any shorts would be taking off, but you
also now have it arranged, you have an
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old high, this traded from down into a
what an old high here set defines a range.
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00:09:31,230 --> 00:09:34,740
So we can define that also using the body
of the candle, not the Wix, because the
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bulk of the volume is inside the body.
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00:09:36,690 --> 00:09:39,510
So by defining that we can take
this and reduce it down in.
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Smaller timeframe weekly in here.
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And it gives us a more refined
level look for inside of this WIC.
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See that we're creating here.
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00:09:54,265 --> 00:09:57,175
Okay, I'm going to take this red line all
cause we already know what this means.
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It's this, that monthly bores breaker.
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If I can get ahold of that level up.
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All right.
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So now we have a monthly premium
and discount range defined by this.
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Premium, this being discount down
in here, it also aligns with inside
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of the last down candle, which is a
typical bullish or block, but it also
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refines a smaller area in which you can
refine a, the beginning of an oversold
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condition or discount this case.
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That's that level in here.
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So when we see price trade down into.
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It's giving us reasons to suspect
that price is not in a premium.
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I know what you're thinking.
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You're thinking this, you're looking
at this like this right here, where
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price has been down over here.
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Not everyone just to folks that
have asked why this is a discount.
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00:10:54,615 --> 00:10:58,935
So you're looking at this low
down here in relative terms to.
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00:11:01,530 --> 00:11:02,189
This up here.
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00:11:02,610 --> 00:11:05,010
So yeah, if we're going to define
the range in terms of that.
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Yeah, of course.
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We're way up there.
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00:11:06,810 --> 00:11:12,240
We're really, really in premium, but you
have to look at where we're at in terms
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of the current range, because we've just
made this high and we broke an old high
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00:11:16,980 --> 00:11:21,660
back here so that the range is defined
by this old high and this high we've
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00:11:21,660 --> 00:11:23,280
traded up to that and we traded back down.
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00:11:23,310 --> 00:11:26,819
So it just simply a distinct
support resistance, if that
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makes it any plainer for.
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00:11:28,545 --> 00:11:30,135
Because this is the near-term range.
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If this low is given up, then we have
to use this swing low here becomes
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00:11:36,555 --> 00:11:39,855
a range from this low to this high,
and you would do that same thing with
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00:11:39,855 --> 00:11:44,925
your Fibonacci expansion tool, the
set up 20, 30, 80, and 70, and that
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00:11:44,925 --> 00:11:46,814
defines your range in terms of premium.
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00:11:47,444 --> 00:11:51,074
And it defines your range in terms of
discount real quick, down and dirty,
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00:11:51,074 --> 00:11:52,995
easy way of defining overall result.
185
00:11:53,714 --> 00:11:56,385
And then by aligning that with PDRs.
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Uh, or blocks mitigation blocks,
voids gaps, um, old highs and lows.
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00:12:04,170 --> 00:12:07,590
It gives you context that work
within two to start mapping
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00:12:07,590 --> 00:12:08,610
out where your levels are.
189
00:12:09,990 --> 00:12:10,950
Let me take this off now.
190
00:12:11,430 --> 00:12:11,640
All right.
191
00:12:11,640 --> 00:12:17,040
So we dropped down into a weekly here.
192
00:12:17,730 --> 00:12:18,030
Okay.
193
00:12:18,060 --> 00:12:21,480
These levels can be further
refined to nearest five levels
194
00:12:21,480 --> 00:12:23,070
and nearest zero levels.
195
00:12:23,520 --> 00:12:23,880
Okay.
196
00:12:24,900 --> 00:12:25,680
And that could be done.
197
00:12:29,550 --> 00:12:32,570
Like that, not like that.
198
00:12:43,710 --> 00:12:45,990
Oh, that should be a 15,
mostly like that for now.
199
00:12:47,490 --> 00:12:50,730
And the same thing said for
the premium, which I think I
200
00:12:50,730 --> 00:12:52,470
lost one of the lines in here.
201
00:12:52,660 --> 00:12:53,790
See if I can fix that.
202
00:12:56,475 --> 00:13:00,015
I don't think it's going botany, but at
the other one was in here, the red one.
203
00:13:01,845 --> 00:13:03,225
Now you can drop down into a daily.
204
00:13:07,365 --> 00:13:07,695
Okay.
205
00:13:07,755 --> 00:13:13,965
And I gave you more levels to, uh, to
refine, but you're also just really
206
00:13:13,965 --> 00:13:17,235
basically using that monthly range
that we just created by using an old
207
00:13:17,235 --> 00:13:19,365
high and old high we broke through.
208
00:13:19,395 --> 00:13:20,895
That should be as support.
209
00:13:22,425 --> 00:13:22,755
All right.
210
00:13:22,755 --> 00:13:23,985
So could go back over here.
211
00:13:26,555 --> 00:13:30,485
And we're going to zoom back into a daily.
212
00:13:52,665 --> 00:13:54,885
Last series of two down closes.
213
00:13:55,665 --> 00:13:57,705
We've dipped into that
several times in here.
214
00:13:58,725 --> 00:14:00,105
And we had this range as well.
215
00:14:00,765 --> 00:14:04,785
This open down to this close, the
middle of that is the main threshold
216
00:14:04,814 --> 00:14:06,944
we didn't get there yesterday.
217
00:14:06,944 --> 00:14:11,595
Almost did it yesterday, but we were
looking at a fair value gap from
218
00:14:11,625 --> 00:14:13,965
yesterday's intraday high, which
was a little bit lower than that.
219
00:14:15,015 --> 00:14:20,265
It's noted, but we left a portion of
that range or that gap open from this
220
00:14:20,265 --> 00:14:31,094
last candles low, which comes in at 1
0 1 79, filled that filled in today.
221
00:14:31,635 --> 00:14:33,464
We're looking for that as an
upside objective for the dollar
222
00:14:33,464 --> 00:14:37,665
index that has now been closed.
223
00:14:37,665 --> 00:14:43,035
So we can take this off and the
level we're now watching is.
224
00:14:44,085 --> 00:14:44,985
That open.
225
00:14:45,675 --> 00:14:48,375
We're looking to see if there's any
indication that it wants to get up into
226
00:14:48,375 --> 00:14:54,555
that level 1 0 1 90 and in 1 0 2 big
figure, because I want to see if there's
227
00:14:54,555 --> 00:14:57,105
any strength to get through 1 0 2.
228
00:14:57,705 --> 00:15:02,265
If it goes through 1 0 2, then it gives
it a little bit longer term objectives
229
00:15:02,265 --> 00:15:08,865
for selling short on year, a dollar
and cable and upside for further
230
00:15:08,865 --> 00:15:10,814
upside for dollar Swiss and Dell.
231
00:15:11,579 --> 00:15:16,980
Yen and dollar cat drop
into a four-hour chart,
232
00:15:23,910 --> 00:15:24,209
man.
233
00:15:24,209 --> 00:15:25,110
This thing is annoying.
234
00:15:27,600 --> 00:15:27,839
Okay.
235
00:15:27,839 --> 00:15:34,589
So we have, excuse me, price
showing just a little bit of
236
00:15:34,709 --> 00:15:37,350
short-term resistance in here.
237
00:15:39,915 --> 00:15:45,285
Just above that 1 0 180 level two
so far, we haven't had any kind of
238
00:15:45,285 --> 00:15:48,135
role in the solid movement through
the album of like the scene.
239
00:15:49,275 --> 00:15:51,525
They thought we're going to
see bullish dollar continue.
240
00:15:51,915 --> 00:15:55,964
I would like to seem 1 0 180, trade
it through and not give him back.
241
00:15:56,475 --> 00:15:59,145
So we're about we're
back down below 1 0 180.
242
00:16:02,745 --> 00:16:06,465
And it doesn't, it doesn't
feel right right now.
243
00:16:06,535 --> 00:16:07,995
I would have rather seen it continue up.
244
00:16:09,675 --> 00:16:11,445
So I had to watch this intraday today.
245
00:16:13,095 --> 00:16:18,765
Euro pound has expanded and
my thing has been moved.
246
00:16:19,005 --> 00:16:20,925
It should must sit right
over here yesterday.
247
00:16:20,925 --> 00:16:22,245
If you look at your chart, you'll see it.
248
00:16:23,025 --> 00:16:25,485
So we have already clear the
buy-side liquidity above the buyers
249
00:16:25,495 --> 00:16:27,525
of these candles moved up in here.
250
00:16:27,555 --> 00:16:30,315
Now we do have this fair value
gap that we have mentioned several
251
00:16:30,315 --> 00:16:31,485
times over the last month or so.
252
00:16:32,895 --> 00:16:34,545
This may be what we're reaching for.
253
00:16:34,545 --> 00:16:37,605
And the low end objective is 87 65.
254
00:16:38,714 --> 00:16:40,244
So we may see 87 65.
255
00:16:40,275 --> 00:16:44,535
If we see Eurodollar maintain
consolidation and fail the drop
256
00:16:44,594 --> 00:16:46,305
and cable continue to drop.
257
00:16:46,905 --> 00:16:49,155
So that will be a
258
00:16:52,755 --> 00:16:53,895
concern going forward.
259
00:16:54,915 --> 00:16:58,635
We had one is 6 0 5 as a level of watch.
260
00:16:58,694 --> 00:17:00,584
We're going into London session.
261
00:17:02,069 --> 00:17:06,990
For Euro dollar, uh, that was so far,
and it may change today, but so far that
262
00:17:06,990 --> 00:17:12,300
was the high, the day one, it was 6 0 5
net foreign braid in new London session.
263
00:17:12,329 --> 00:17:14,639
Open, went right to the
high and then rejected.
264
00:17:15,210 --> 00:17:18,869
We did offer a little bit of pips,
but again, this pair because of the
265
00:17:18,869 --> 00:17:22,109
Euro pound being potentially bullish
all the way up to east, what was it?
266
00:17:22,109 --> 00:17:27,750
80, 87, 65, uh, that.
267
00:17:28,680 --> 00:17:31,830
Is it a little bit of a concern
wanting to self short the Euro because
268
00:17:31,830 --> 00:17:33,330
of Euro pounds going to be bullish.
269
00:17:34,050 --> 00:17:36,930
Um, the first thing you want to
look for is, is Euro dollar bears.
270
00:17:37,440 --> 00:17:39,360
And I'm sorry, I said that wrong.
271
00:17:39,690 --> 00:17:44,100
If you're a pound is bullish, the
first thing you would look for is
272
00:17:44,129 --> 00:17:48,210
there a bullish scenario for a year,
a dollar, and we have traded down
273
00:17:48,210 --> 00:17:52,890
into a bullish or block, and we've
not seen any willingness to go lower.
274
00:17:55,105 --> 00:17:56,485
Set is a concern.
275
00:17:56,575 --> 00:18:01,075
If we're going to be looking to, uh,
be a bear and sell short against dollar
276
00:18:01,075 --> 00:18:06,775
strength and European is underlying
bullish, it's hard to justify getting
277
00:18:06,775 --> 00:18:10,765
short on Euro dollar, even though you
might get these low intraday scalps,
278
00:18:11,395 --> 00:18:16,855
you'd want to be more careful of getting
caught up in an individual basis like
279
00:18:16,855 --> 00:18:20,425
this, where you hit a bull shorter
block, and then it stalls it right away.
280
00:18:21,240 --> 00:18:22,170
This shit.
281
00:18:22,260 --> 00:18:24,210
If it's bearish, this
should have been no problem.
282
00:18:24,210 --> 00:18:24,750
Get throwing it.
283
00:18:24,800 --> 00:18:27,720
Remember it's if we're bearish,
we're looking for bull shoulder
284
00:18:27,720 --> 00:18:31,170
blocks or potential bullets
or a box or up, I'm sorry.
285
00:18:31,170 --> 00:18:32,580
Down candles to give way.
286
00:18:33,030 --> 00:18:37,770
So every down candle should be broken
through when it's bearish and every up
287
00:18:37,780 --> 00:18:42,000
candle should be broken through when
we're bullish and that's going to be,
288
00:18:42,120 --> 00:18:45,570
um, showing underlying institutional
order flow and it gives you strength.
289
00:18:48,200 --> 00:18:52,520
So far, it has not shown that at all here
it's shown a willingness to support price.
290
00:18:52,520 --> 00:18:55,190
So we've only taken out these
little short term lows in here, and
291
00:18:55,190 --> 00:18:56,210
then we're right back at it again.
292
00:18:56,210 --> 00:19:00,260
So it'll have to at 8 30, 8 40,
it needs to roll through and
293
00:19:00,260 --> 00:19:01,490
start expanding on the downside.
294
00:19:01,490 --> 00:19:04,010
And we would be looking for these
equal loads in here to be violated.
295
00:19:04,610 --> 00:19:08,300
The small little fair value got
right in here to close in so that we
296
00:19:08,300 --> 00:19:11,420
return back to the last down series
of candles, which will be a bullish
297
00:19:11,450 --> 00:19:13,250
order block in a traditional sense.
298
00:19:15,105 --> 00:19:18,254
And it would begin at a high of 1 0 5 30.
299
00:19:18,824 --> 00:19:20,145
So be your downside objective.
300
00:19:20,564 --> 00:19:25,094
If we roll over and fail to trade
higher, uh, the line in the sand
301
00:19:25,094 --> 00:19:34,975
now for Euro becomes the open on
this candle here, which is 1 0 5 89.
302
00:19:35,514 --> 00:19:36,985
It could spread to 1 0 9.
303
00:19:37,074 --> 00:19:40,465
I'm sorry, 1 0 5, 1 0 5 89 is.
304
00:19:41,460 --> 00:19:46,170
Open or the last up candle on the hourly
chart, but we could see it go to 1 0 5 90.
305
00:19:46,380 --> 00:19:48,900
That would be permissible,
but nothing more than that.
306
00:19:48,900 --> 00:19:51,990
I don't want to see a trade up in the
middle of that, uh, that up handle
307
00:19:52,020 --> 00:19:55,020
either because we've, we weren't just
simply taking out that short term low
308
00:19:55,800 --> 00:19:56,880
I'm sorry, short term high rather.
309
00:19:57,510 --> 00:19:58,400
And we've already made a lower.
310
00:19:59,340 --> 00:20:01,980
So we don't want to see any kind
of retracement at all from here.
311
00:20:02,310 --> 00:20:08,250
If in fact I'm wrong about European, not
going any higher, um, if it doesn't go
312
00:20:08,250 --> 00:20:12,060
higher and say it that way, then we could
probably see weakness on Euro dollar.
313
00:20:12,120 --> 00:20:14,520
So let me say that again,
because I probably confuse you
314
00:20:14,520 --> 00:20:15,900
to look at this dip myself.
315
00:20:16,860 --> 00:20:18,370
If European does not go.
316
00:20:19,165 --> 00:20:22,375
And I am wrong because I do
think it's probably going higher.
317
00:20:22,735 --> 00:20:26,185
If I'm wrong, then this pair should
have no problem trading below
318
00:20:26,425 --> 00:20:29,635
less last down candle, which would
be normally a bullshitter bought
319
00:20:29,635 --> 00:20:30,805
because of this nice movement here.
320
00:20:32,035 --> 00:20:34,045
I'm not strongly.
321
00:20:36,280 --> 00:20:40,510
Convicted by this being a buy here
only because, and I'm saying it like
322
00:20:40,510 --> 00:20:44,770
this, we've had many attempts to trade
higher, higher, higher, higher, higher.
323
00:20:45,190 --> 00:20:49,270
And yeah, we came all the way down to
a level and it's found support, support
324
00:20:49,660 --> 00:20:53,170
it, rally through and create another
higher high, but we rejected it again.
325
00:20:53,530 --> 00:20:57,610
So for whatever reason, there's a large
entity out there protecting one of those.
326
00:20:58,590 --> 00:21:00,659
So one of six is a big barrier right now.
327
00:21:01,379 --> 00:21:05,460
And unless they do something
convincing in here to get back
328
00:21:05,460 --> 00:21:10,470
above it, uh, I'm either neutral
on Euro dollar to slightly bearish.
329
00:21:10,620 --> 00:21:14,820
And right now I'm only really looking
for a run down below here, because
330
00:21:14,820 --> 00:21:16,680
if they take out those cell stops.
331
00:21:17,850 --> 00:21:19,650
And we are underlying,
still bullish, DECA.
332
00:21:19,650 --> 00:21:23,340
Be real good catalyst to see price
trade higher, a little bit longer term.
333
00:21:23,640 --> 00:21:26,490
And if we get back above one, a
six on that, or if he trade from
334
00:21:26,490 --> 00:21:32,100
here or back above 1 0 6, then that
would be a really good indication.
335
00:21:32,100 --> 00:21:35,010
We're going higher because then
we'd be shaking off all these
336
00:21:35,010 --> 00:21:37,950
rejections that have tried to make
a move above one or six, then.
337
00:21:37,950 --> 00:21:38,130
Fine.
338
00:21:39,045 --> 00:21:42,405
Yeah, they have to gather away and in
a larger influx of orders will come
339
00:21:42,405 --> 00:21:47,025
through and push 1 0 6 twenties, 180 6
fifties, maybe go back up into 100 sevens.
340
00:21:47,925 --> 00:21:52,545
But in here as it is, I'm looking
for sideways to at least down to
341
00:21:52,545 --> 00:21:56,925
this area here, intraday going
into Wednesday's New York session,
342
00:22:00,715 --> 00:22:07,165
pound dollar almost hit our low-end
near-term objective in here.
343
00:22:08,260 --> 00:22:15,360
I get to show up 1 21 60, uh,
today's intraday low so far is 2183.
344
00:22:15,360 --> 00:22:18,570
So we're about 23 pips
away from that objective.
345
00:22:19,709 --> 00:22:23,040
Again, I wish this would have gave
me some kind of, a little bit of a
346
00:22:23,040 --> 00:22:25,290
tale or attempt to try to run home.
347
00:22:26,145 --> 00:22:26,955
Just didn't do it.
348
00:22:27,015 --> 00:22:31,275
And that's a little annoying, but it's
going to happen in your trading too.
349
00:22:31,305 --> 00:22:34,575
So, um, ideally it would have been
nice to hit this level again, or even
350
00:22:34,575 --> 00:22:37,335
try, just try and make an attempt there
because then we could have where I
351
00:22:37,335 --> 00:22:42,855
could have rather put a objective into
sell on a stop, but it didn't do that.
352
00:22:42,885 --> 00:22:46,485
So it's moved a little bit,
um, that to be mindful of.
353
00:22:47,750 --> 00:22:50,870
Maybe this just being stopped,
running and down here and have to
354
00:22:50,870 --> 00:22:52,270
return back into this order blocks.
355
00:22:52,270 --> 00:22:56,690
So just be aware that if we get a
rejection from this down candle and
356
00:22:56,690 --> 00:23:00,470
we've already essentially went into the
main threshold, maybe by two pips or so,
357
00:23:00,530 --> 00:23:04,790
but we've shown so far a little bit of
a bounce in there any rejection today.
358
00:23:04,790 --> 00:23:09,320
So let's say we go and we turn
this into a bullish close or
359
00:23:09,320 --> 00:23:10,640
an unchanged from the opening.
360
00:23:10,850 --> 00:23:11,120
Okay.
361
00:23:11,150 --> 00:23:13,340
So create some kind of like a long with.
362
00:23:14,925 --> 00:23:20,895
Tomorrow, if I were watching cable and
it opened a little bit higher into, uh,
363
00:23:20,985 --> 00:23:24,045
on an end traded lower, sorry about that.
364
00:23:25,995 --> 00:23:29,205
Opened and traded a lower initially going.
365
00:23:29,205 --> 00:23:31,035
And it's like a Judas
swing for London session.
366
00:23:31,785 --> 00:23:35,355
That could be a catalyst that runs up
above these equal hide candles in here.
367
00:23:35,355 --> 00:23:42,625
And then make a run into this
level here at a 1 23 35 to 1 23.
368
00:23:44,050 --> 00:23:45,790
That could be a scenario to unfold today.
369
00:23:46,060 --> 00:23:48,190
Well, I'm going into tomorrow
rather than say it like that.
370
00:23:48,760 --> 00:23:56,260
And then that would cause some
consolidation on your old pound and maybe
371
00:23:56,320 --> 00:24:01,060
free up the Euro dollar to trade a little
bit in terms of sympathy with what we've
372
00:24:01,060 --> 00:24:05,500
seen so far on cable overage, we could
see a little bit of a rebalancing because
373
00:24:05,500 --> 00:24:09,010
it's been too much on one side for cable,
even though I said, we'd probably see
374
00:24:09,010 --> 00:24:10,660
more downside for this pair versus the.
375
00:24:11,865 --> 00:24:16,095
I'd like to see them, try to at
least get close to one another
376
00:24:16,095 --> 00:24:19,005
again, in terms of their symmetry.
377
00:24:19,755 --> 00:24:26,535
Uh, we had a level 76, 20
watched for all the dollar.
378
00:24:26,535 --> 00:24:29,805
And again, this is another pair that is
an underlying it's relatively strong.
379
00:24:30,765 --> 00:24:33,375
So we've had a little bit
of a movement in here.
380
00:24:33,435 --> 00:24:36,435
Let me see if I can get
this Copeland Allen sharp.
381
00:24:38,775 --> 00:24:40,935
Yeah, we had a little
bit of a decline here.
382
00:24:40,965 --> 00:24:43,275
I'm not very excited about that.
383
00:24:43,275 --> 00:24:47,925
And again, I don't want to be aggressive
about sewing this one, cause I think I
384
00:24:47,925 --> 00:24:52,725
may get burned and it may try to make
another run higher, but it's nice to see a
385
00:24:52,725 --> 00:24:55,005
little bit reaction off that 76, 20 level.
386
00:24:55,905 --> 00:24:57,855
I don't have much to say
about this one except.
387
00:24:58,679 --> 00:25:00,510
We could potentially
stay sideways in here.
388
00:25:00,960 --> 00:25:05,310
If we drop down below these equals
here, this, all this in here,
389
00:25:06,330 --> 00:25:08,970
and that comes in the form of,
390
00:25:14,169 --> 00:25:16,179
uh, 75 seventies.
391
00:25:16,840 --> 00:25:19,210
So we have cell side
liquidity at that area.
392
00:25:19,210 --> 00:25:20,110
Seventy-five 70.
393
00:25:20,110 --> 00:25:24,550
If we get below that and expand,
we'll be making another run.
394
00:25:25,270 --> 00:25:27,070
This old low here comes in.
395
00:25:28,639 --> 00:25:34,459
75 45, but personally I don't,
I just don't see it yet.
396
00:25:35,179 --> 00:25:39,830
Um, I just don't want to fight the,
the underlying fundamentals for this
397
00:25:39,830 --> 00:25:43,310
payer because there's a lot of funds
that want to put more money in.
398
00:25:45,360 --> 00:25:46,610
It's where everybody wants to put it now.
399
00:25:46,610 --> 00:25:49,880
So just be careful, don't you, even
though you might get a sell off and
400
00:25:49,880 --> 00:25:54,170
it might do a ripper on run lower, and
I can say, well, I was wrong there.
401
00:25:54,200 --> 00:25:57,050
At least I won't lose money on it
because chances are, if I went and
402
00:25:57,590 --> 00:26:01,820
went short me and Murphy's law, I'd
probably get burned and I don't want
403
00:26:01,820 --> 00:26:03,770
my first trade to be a losing trade.
404
00:26:03,770 --> 00:26:05,780
I want to make sure that
it's a solid winner.
405
00:26:07,400 --> 00:26:11,630
I dollar CAD on the strength we've
seen on the dollar index, Lucy.
406
00:26:12,495 --> 00:26:17,685
1 33, 85 80 level, uh, provide
short term support so far this week.
407
00:26:17,715 --> 00:26:23,445
Again, we're looking for expansion, the 1
34 75 to 1 30, 4 80 in a fair value gap.
408
00:26:24,225 --> 00:26:27,705
And here from the last
candle, slow right here.
409
00:26:28,245 --> 00:26:28,725
Not there.
410
00:26:28,905 --> 00:26:37,665
Grief low coming at 1 35 23
says 1 31 35, 22 a uh, lower.
411
00:26:38,805 --> 00:26:41,715
Objective of 1 30, 4 95.
412
00:26:41,715 --> 00:26:43,545
So there's your rings
defined by that shaded area?
413
00:26:43,995 --> 00:26:48,225
So that's our upside for dollar
CAD, still very, very stunning move.
414
00:26:48,765 --> 00:26:51,255
And we expect it to
continue a little bit more.
415
00:26:51,675 --> 00:26:52,785
We have a little bit with dental closing.
416
00:26:54,135 --> 00:26:58,245
Uh, not the strongest of bullshit or box,
but nonetheless it's coupled with a what?
417
00:26:58,574 --> 00:26:59,115
Old high.
418
00:26:59,354 --> 00:27:00,764
So it does level here.
419
00:27:00,764 --> 00:27:04,875
Just think in terms of the same way we
just defined it on the dollar index.
420
00:27:05,324 --> 00:27:05,685
Yes.
421
00:27:05,715 --> 00:27:10,274
If we were to look at this low or
this low or this low, and then relate
422
00:27:10,274 --> 00:27:13,604
it to the high that's formed here,
you would be in a premium market.
423
00:27:13,604 --> 00:27:13,965
Yes.
424
00:27:14,324 --> 00:27:17,715
But you have to look at the PD arrays
and this is why it makes it important.
425
00:27:18,405 --> 00:27:20,564
When I started teaching
this to you in January.
426
00:27:21,720 --> 00:27:24,510
By looking at the market
and defining in that terms.
427
00:27:24,840 --> 00:27:25,110
Okay.
428
00:27:25,140 --> 00:27:32,610
You forget or discount the idea of,
okay, well, we're back here at this
429
00:27:32,610 --> 00:27:35,010
level and now we're way up here
so that we have to be overbought.
430
00:27:35,250 --> 00:27:39,300
That's what gets the traders
that follows the indicators that
431
00:27:39,360 --> 00:27:40,350
that's what gets them in trouble.
432
00:27:40,470 --> 00:27:42,780
That's what got me in
trouble and to understood.
433
00:27:42,780 --> 00:27:44,580
Okay, well now we're
back at this old high.
434
00:27:44,850 --> 00:27:46,860
So we have a range from the height.
435
00:27:46,860 --> 00:27:48,960
It was formed prior to this high breaking.
436
00:27:50,220 --> 00:27:53,550
That'd be that becomes a range
again, the high down to the old
437
00:27:53,550 --> 00:27:55,620
high here, because it's a PD array.
438
00:27:56,460 --> 00:28:02,460
We have a new high, which would have
been seen by the cast forward approach.
439
00:28:02,460 --> 00:28:04,680
As you're looking through
here, you're going to cast
440
00:28:04,680 --> 00:28:07,050
out 20 days, 40 days, 60 days.
441
00:28:07,650 --> 00:28:11,160
And in there you're going to
expecting a new high or new lows
442
00:28:11,160 --> 00:28:15,450
to form, but we had a new high form
and it took out this old high here.
443
00:28:16,110 --> 00:28:18,600
So you have to refer back to this
old high because now it becomes.
444
00:28:20,340 --> 00:28:21,960
Uh, past reference point.
445
00:28:22,470 --> 00:28:28,920
So if we're above it, as we are here on
this day here on the 3rd of March, we
446
00:28:28,920 --> 00:28:32,100
have to look back 20, 40, 60 trading days.
447
00:28:32,610 --> 00:28:33,750
And this is your high.
448
00:28:34,350 --> 00:28:37,530
So that's going to be what it's
going to be a discount PD array,
449
00:28:37,590 --> 00:28:40,050
because it's under you from here.
450
00:28:40,590 --> 00:28:43,950
It's going to be a reference point
that you have to look back at.
451
00:28:44,040 --> 00:28:44,370
Okay.
452
00:28:44,730 --> 00:28:45,629
So there's your range.
453
00:28:45,660 --> 00:28:46,440
You would look at this, huh?
454
00:28:47,340 --> 00:28:51,375
And this hot, you need to find that
whole thing in terms of at fib 20,
455
00:28:51,375 --> 00:28:55,560
30, 70, 80, and it gives you your
premium and your discount levels real
456
00:28:55,560 --> 00:28:59,430
quick and dirty without having to
pull up any kind of indicator like a
457
00:28:59,460 --> 00:29:03,390
stochastic or RSI or Williams Presant
or anything like that, it gives you
458
00:29:03,390 --> 00:29:05,580
a graphic depiction of yes, we now.
459
00:29:06,795 --> 00:29:08,565
This is you're in a discount again.
460
00:29:08,895 --> 00:29:11,355
And in prices wanting to expand
so far, we've seen yesterday.
461
00:29:11,355 --> 00:29:12,165
Try to expand.
462
00:29:12,375 --> 00:29:13,665
Today's trying to expand again.
463
00:29:14,175 --> 00:29:16,845
If we make a run above yesterday's
high and we'll probably span all the
464
00:29:16,845 --> 00:29:25,605
way through 1 30, 4 40, and that'll
give us a run for that 1 34 75, 1
465
00:29:25,605 --> 00:29:29,045
34 80 upside, and then maybe reach
into that, that shaded area here.
466
00:29:34,015 --> 00:29:35,155
Uh, the pair of hate.
467
00:29:36,240 --> 00:29:42,270
Diane so far has been supported by again,
the same idea that we just used for
468
00:29:42,270 --> 00:29:45,510
the monthly dollar index explanation.
469
00:29:46,620 --> 00:29:46,830
Good.
470
00:29:46,950 --> 00:29:47,760
You get this off
471
00:29:53,260 --> 00:29:54,100
on this candle here.
472
00:29:54,130 --> 00:29:55,600
We traded through an old high.
473
00:29:56,920 --> 00:29:57,190
Okay.
474
00:29:57,220 --> 00:29:59,110
Made a short-term high
started trading back down.
475
00:29:59,140 --> 00:30:02,290
What's the range, the old high back
here and the height it was for.
476
00:30:03,210 --> 00:30:04,920
Okay, why are we looking
at this as an OHI?
477
00:30:05,220 --> 00:30:06,240
Because we cleared the body.
478
00:30:06,240 --> 00:30:06,720
So they were here.
479
00:30:06,720 --> 00:30:07,650
This is rejection block.
480
00:30:07,650 --> 00:30:10,320
We didn't clear out this wick,
but we cleared out the bodies.
481
00:30:10,590 --> 00:30:11,670
So that's a rejection block.
482
00:30:11,670 --> 00:30:14,490
Rejection blocks are what PD rates.
483
00:30:14,970 --> 00:30:15,330
Okay.
484
00:30:15,510 --> 00:30:16,590
So price trades through it.
485
00:30:16,590 --> 00:30:20,640
We define the range by the
high, down to the old high here.
486
00:30:20,970 --> 00:30:21,270
Okay.
487
00:30:21,270 --> 00:30:25,860
And it gives us what arrange to define
discount and premium in this area here.
488
00:30:26,700 --> 00:30:30,060
As price is trading back down into
what the bodies of these candles.
489
00:30:30,419 --> 00:30:30,690
Okay.
490
00:30:30,750 --> 00:30:36,149
In the form of what a bullish breaker of
short term, low price trades down trades
491
00:30:36,149 --> 00:30:37,830
through it, and we traded back through it.
492
00:30:37,830 --> 00:30:41,610
So now all these orders that were
used to sell the market's short, dry
493
00:30:41,610 --> 00:30:44,010
price, lower they're underwater here.
494
00:30:44,250 --> 00:30:45,120
So they're going to do what with it.
495
00:30:45,120 --> 00:30:45,960
They're going to mitigate them.
496
00:30:46,590 --> 00:30:48,510
So this makes it, what is this?
497
00:30:48,510 --> 00:30:49,649
A premium or discount?
498
00:30:50,550 --> 00:30:50,820
It's this.
499
00:30:51,990 --> 00:30:56,399
'cause you're referring back to an
old PD array and old high or old
500
00:30:56,429 --> 00:31:01,470
low the ranges though high here, and
the brains that we pull back into.
501
00:31:01,470 --> 00:31:02,669
Do you see how to define that?
502
00:31:02,669 --> 00:31:04,620
In terms of discount or premium?
503
00:31:05,159 --> 00:31:10,050
You're in a discount area with a PD
array, that's suggesting higher prices
504
00:31:10,050 --> 00:31:15,149
because it was used to drive out short
term, sell stops below this low and
505
00:31:15,149 --> 00:31:17,669
over here, we jacked, it came back up.
506
00:31:17,699 --> 00:31:19,080
Now we're looking at this level here.
507
00:31:19,080 --> 00:31:24,645
So this is when, if you look at this
idea, When it does by, by its very nature.
508
00:31:24,705 --> 00:31:29,385
It is teaching you what support and
resistance levels matter because everyone
509
00:31:29,385 --> 00:31:34,365
can draw indiscriminately across every
one of our timeframes on Ohio, low or
510
00:31:34,395 --> 00:31:36,435
diagonal suppose support or resistance.
511
00:31:36,885 --> 00:31:42,105
And because of that, I have always viewed
support resistance as highly subject.
512
00:31:43,170 --> 00:31:44,370
It's not objective.
513
00:31:44,760 --> 00:31:46,800
It's, it's left to interpretation.
514
00:31:47,370 --> 00:31:48,389
All of us in a room.
515
00:31:48,389 --> 00:31:52,770
If we put a thousand us in a room, we
would all integratively come to a D uh,
516
00:31:53,399 --> 00:31:58,500
of wide disparity among what we would
deem as the real high and the real low, or
517
00:31:58,500 --> 00:32:00,930
the support resistance ideas around them.
518
00:32:01,470 --> 00:32:05,580
But if we look at the market in
terms of PD, arrays, and context
519
00:32:05,580 --> 00:32:06,899
of, are we in premier discount?
520
00:32:07,110 --> 00:32:09,899
You can't, there's not, there's
nothing ambiguous about it.
521
00:32:10,260 --> 00:32:11,159
It takes you right to it.
522
00:32:12,150 --> 00:32:15,600
Which is the reason why I always harp
about how I don't just teach, support me.
523
00:32:15,600 --> 00:32:19,890
Just I start everyone there because it
gives the context of, okay, there's gotta
524
00:32:19,890 --> 00:32:21,150
be a ceiling and it has to be a floor.
525
00:32:21,870 --> 00:32:24,900
Well, beyond that, which
levels are important.
526
00:32:25,140 --> 00:32:28,680
It's not supply and demand zones
because we go to right, right to
527
00:32:28,680 --> 00:32:31,500
specific price levels, supply demand.
528
00:32:31,500 --> 00:32:32,040
Doesn't do that.
529
00:32:32,040 --> 00:32:32,920
They give you an idea.
530
00:32:32,970 --> 00:32:34,860
Look in here, somewhere around
here, there's going to be
531
00:32:34,860 --> 00:32:35,670
something to buy or sell.
532
00:32:36,000 --> 00:32:37,680
We go right to a specific price level.
533
00:32:37,710 --> 00:32:39,480
And then we add five
pips or we subtract five.
534
00:32:40,350 --> 00:32:43,620
That's it, that's all there is to
it, but there's a lot of waiting
535
00:32:43,620 --> 00:32:44,760
in between these two things.
536
00:32:45,180 --> 00:32:46,680
And it's also a lot of learning curve.
537
00:32:47,310 --> 00:32:51,570
You won't look at this as
a, or listen down here, you
538
00:32:51,570 --> 00:32:53,190
won't see that as a discount.
539
00:32:53,250 --> 00:32:56,220
If you just simply look at the range
from this low to this high and in
540
00:32:56,220 --> 00:32:57,470
that case, yeah, we wouldn't be in a.
541
00:32:58,635 --> 00:32:59,985
But what is the market telling you?
542
00:32:59,985 --> 00:33:03,245
This is the reason why everyone just
watches a video one time and they
543
00:33:03,445 --> 00:33:07,425
get frustrated because it wants to
just download into their brains.
544
00:33:07,425 --> 00:33:09,885
And this is how easy it
is when I say it's easy.
545
00:33:09,885 --> 00:33:14,295
It's because I know because of what I'm
looking for and the experience of having
546
00:33:14,295 --> 00:33:16,275
used it for a long time, it's easy for me.
547
00:33:16,785 --> 00:33:20,715
It will become easy for you to, but
it doesn't need, again, it doesn't
548
00:33:20,715 --> 00:33:23,475
equate to a millions in a month.
549
00:33:25,155 --> 00:33:29,325
Uh, a swing trade every day or a short
term trade every day, but it will
550
00:33:29,325 --> 00:33:32,265
give you a set up every single trading
day because you'll understand the
551
00:33:32,265 --> 00:33:33,585
context of why the market's moving.
552
00:33:35,350 --> 00:33:38,590
So if we see this breaker here, that's
bullish last up, handle it for the
553
00:33:38,590 --> 00:33:40,030
download to took our short-term low.
554
00:33:40,420 --> 00:33:44,950
We know now that the storyline or the
context behind it, which is institutional
555
00:33:44,950 --> 00:33:46,720
order flow, they cannot hide it from you.
556
00:33:47,110 --> 00:33:50,260
It can hide, it cannot
do something sneaky.
557
00:33:50,500 --> 00:33:53,409
They're not going to, if I win
this Robins contest and I put
558
00:33:53,409 --> 00:33:57,879
7000% return, they're not going
to stop trading the markets like.
559
00:33:58,649 --> 00:33:59,040
Okay.
560
00:33:59,070 --> 00:34:02,939
I've got a million questions either
by direct message or email about that.
561
00:34:03,270 --> 00:34:04,290
Why am I doing this?
562
00:34:04,290 --> 00:34:05,490
I'm going to give away my edge.
563
00:34:05,520 --> 00:34:06,120
No, I'm not.
564
00:34:06,389 --> 00:34:07,740
I'm not going to, okay.
565
00:34:07,740 --> 00:34:10,590
It's not going to stop working because
there's always going to be big,
566
00:34:10,620 --> 00:34:14,370
large funds trading, regardless of
what ICT says about the marketplace.
567
00:34:14,400 --> 00:34:17,969
They're going to do something with
their money and that's the real world.
568
00:34:19,065 --> 00:34:21,615
The market-makers and the
banks, they move against them.
569
00:34:21,615 --> 00:34:22,275
Not us.
570
00:34:22,815 --> 00:34:25,245
They move against the large
funds because that's the
571
00:34:25,245 --> 00:34:26,775
counterparty to their liquidity.
572
00:34:27,105 --> 00:34:27,495
That's it?
573
00:34:27,855 --> 00:34:32,295
Everything else has transactional,
uh, commerce and global exchange.
574
00:34:32,745 --> 00:34:35,175
That's what the foreign exchange
markets therefore for, but the
575
00:34:35,175 --> 00:34:40,275
speculative side of it, it's all about
attacking the whales, the large funds.
576
00:34:40,425 --> 00:34:41,415
That's all it is.
577
00:34:41,925 --> 00:34:45,285
So if you see these elements in price
action, like I teach in, like I'm showing
578
00:34:45,285 --> 00:34:47,505
you here by applying the PD array.
579
00:34:48,405 --> 00:34:52,605
Premium and discount referring to the
current range, where what's your range?
580
00:34:52,965 --> 00:34:54,075
Where do we just trade from?
581
00:34:54,405 --> 00:34:55,395
What is it showing you?
582
00:34:55,455 --> 00:34:59,115
It wanting to go lower or wanting
to go higher, define that range.
583
00:34:59,865 --> 00:35:03,045
And if you have that in context of
what the market's showing you, we
584
00:35:03,045 --> 00:35:06,525
saw the market want to fail to go
below this low and trade it back
585
00:35:06,525 --> 00:35:09,485
above these, um, these candles.
586
00:35:10,589 --> 00:35:12,600
Well, once we treated it
through that, that now becomes
587
00:35:12,600 --> 00:35:15,270
a support level, not down here.
588
00:35:15,660 --> 00:35:16,080
Okay.
589
00:35:16,350 --> 00:35:19,799
In the beginning, I want to have a line
drawn from this low to this low and wing.
590
00:35:19,799 --> 00:35:20,040
Okay.
591
00:35:20,040 --> 00:35:24,180
If price gets back down there again,
I'll buy that's my OPIC it's foolishness,
592
00:35:24,899 --> 00:35:26,279
but that's what books teach you.
593
00:35:26,930 --> 00:35:30,660
The divine is up here because
they've already taken out the
594
00:35:30,660 --> 00:35:35,609
individuals that would have had orders
resting below this low sell stops.
595
00:35:37,065 --> 00:35:38,654
So prices now free to expand.
596
00:35:38,805 --> 00:35:40,875
They've already got
those seats accumulated.
597
00:35:41,325 --> 00:35:45,225
So anybody that was wanting to provide,
sell side liquidity to buyers that
598
00:35:45,234 --> 00:35:47,355
are smart money, they're already long.
599
00:35:47,625 --> 00:35:51,194
So where are they going to want to do
more buying right back above this high.
600
00:35:52,065 --> 00:35:54,705
They're not going to give those
individuals another opportunity down here.
601
00:35:55,424 --> 00:35:57,825
They're going to just simply
capitalize this old area here.
602
00:35:58,065 --> 00:35:58,395
Why?
603
00:35:58,395 --> 00:36:01,484
Because they use this
area to send price lower.
604
00:36:01,875 --> 00:36:02,625
They sold short.
605
00:36:02,625 --> 00:36:04,365
So to get out of a short
position, when you do.
606
00:36:06,420 --> 00:36:09,180
But if you don't think it's
going to go lower you double up.
607
00:36:10,320 --> 00:36:13,500
So you just take off what you would
have had short here to mitigate that
608
00:36:13,500 --> 00:36:15,810
position and you add more to it.
609
00:36:16,260 --> 00:36:20,430
So we would expect to see dynamic
movement away from this level here
610
00:36:20,490 --> 00:36:23,700
today or tomorrow, because we're
also forming a potential swing low
611
00:36:24,060 --> 00:36:27,330
yesterday, low previous, uh, candle here.
612
00:36:27,510 --> 00:36:32,460
One, uh, was that Sunday, that
candle provides another opportunity.
613
00:36:32,460 --> 00:36:36,725
But if you want to blend that together
with the previous weeks, uh, When
614
00:36:36,725 --> 00:36:39,215
Friday, you can see that you're
still forming a potential swing low.
615
00:36:39,215 --> 00:36:42,065
So we were looking for this
level to provide support.
616
00:36:42,485 --> 00:36:43,565
We're looking for expansion.
617
00:36:43,985 --> 00:36:47,135
It should be dynamic in the form of
clearing out this high and this high.
618
00:36:47,135 --> 00:36:50,225
And then more specifically over
here, I believe there's a larger
619
00:36:50,225 --> 00:36:52,535
liquidity pool for buy-side delivery.
620
00:36:53,555 --> 00:36:54,935
So biceps are resting rate in here.
621
00:36:54,935 --> 00:36:58,595
So they paired up orders below
these lows here and over here.
622
00:36:58,925 --> 00:37:01,325
And they're going to want
to offload dose above these.
623
00:37:02,490 --> 00:37:05,100
And we're going to look for
expansion or big candles now.
624
00:37:05,130 --> 00:37:05,760
Cause think about it.
625
00:37:05,760 --> 00:37:07,800
We're in a small volatility.
626
00:37:07,800 --> 00:37:09,660
Squeeze candles are small.
627
00:37:09,660 --> 00:37:10,290
Look at the bodies.
628
00:37:10,290 --> 00:37:11,190
They're very, very tiny.
629
00:37:11,250 --> 00:37:11,730
Forget the word.
630
00:37:12,525 --> 00:37:15,735
So we should be seeing what today and
tomorrow, a big range on the upside.
631
00:37:16,125 --> 00:37:17,865
So you're blending all
these things together.
632
00:37:18,345 --> 00:37:22,965
PDA res premium guest count,
um, volatility filters.
633
00:37:22,995 --> 00:37:26,475
You're looking for institutional
order flow, uh, swing points.
634
00:37:26,775 --> 00:37:27,105
Okay.
635
00:37:27,134 --> 00:37:28,785
And you're looking for where
the market should be drawn.
636
00:37:28,845 --> 00:37:31,345
All these things are coming in concert
with one another and then slowly
637
00:37:31,395 --> 00:37:32,595
will start seeing these setups.
638
00:37:33,930 --> 00:37:35,160
This is the one I want to talk about.
639
00:37:35,190 --> 00:37:36,180
Boom, boom, boom.
640
00:37:36,270 --> 00:37:36,720
Look at that.
641
00:37:38,279 --> 00:37:38,460
All right.
642
00:37:38,460 --> 00:37:41,230
So we looked at, uh, Dallas,
we're seeing, I hate this pair.
643
00:37:41,230 --> 00:37:42,839
It just, I mean, started by that.
644
00:37:43,350 --> 00:37:45,720
I don't want you to thinking
I'm a Swiss trader again.
645
00:37:45,750 --> 00:37:47,130
I used to trade a Swiss Franc a lot.
646
00:37:48,105 --> 00:37:52,214
As a commodity trader, but I
don't do it so much in the foreign
647
00:37:52,214 --> 00:37:53,714
exchange because I did this.
648
00:37:54,424 --> 00:37:57,674
I'm glad I don't do it because when
he de pegged it from the Euro, that
649
00:37:57,975 --> 00:38:01,515
old man that could have easily wiped
me out the side of the trade I put
650
00:38:01,515 --> 00:38:02,955
on it, but it was just buried me.
651
00:38:03,225 --> 00:38:05,265
And I probably would've never
traded for it again after that.
652
00:38:05,265 --> 00:38:08,714
But swissy, uh, we were
looking at the levels.
653
00:38:08,935 --> 00:38:11,654
Just go back out to apologize.
654
00:38:11,654 --> 00:38:15,584
You shouldn't be looking at a
15 minute timeframe and then.
655
00:38:18,030 --> 00:38:22,170
We're all adults in here, but I don't
want to cheat like a pornography,
656
00:38:22,170 --> 00:38:24,720
but, uh, you should not have been
looking at 15 minute charts yet.
657
00:38:25,350 --> 00:38:28,260
So we have an old high here and we were
looking for the move above these equal
658
00:38:28,260 --> 00:38:29,970
highs that wasn't mapped out yesterday.
659
00:38:29,970 --> 00:38:34,140
And I explained to you, and I had a
little bit of a fair value gap that
660
00:38:34,140 --> 00:38:35,700
I wanted to talk about this morning.
661
00:38:37,290 --> 00:38:37,710
And
662
00:38:40,880 --> 00:38:47,220
when we talk about fair value gaps in
liquidity, Uh, in the middle of that range
663
00:38:47,400 --> 00:38:51,210
or gap, there is a, there's an element.
664
00:38:51,720 --> 00:38:52,170
Okay.
665
00:38:52,380 --> 00:38:57,090
And it's also seen in consolidations too,
but it's a specific function and price
666
00:38:57,090 --> 00:39:03,150
action that when price returns back to
it, it can provide a springboard effect.
667
00:39:03,870 --> 00:39:04,230
Okay.
668
00:39:04,260 --> 00:39:09,000
And it's equal to grim where price has
shown an imbalanced by trading away
669
00:39:09,420 --> 00:39:11,310
from this consolidation here, it trades.
670
00:39:12,330 --> 00:39:13,230
Consolidates again.
671
00:39:13,230 --> 00:39:14,550
And does what drops back down.
672
00:39:15,330 --> 00:39:20,609
It's defined by this candle's
low coming in at 1 0 1 10
673
00:39:20,940 --> 00:39:21,960
and then this candle's high.
674
00:39:21,960 --> 00:39:26,760
And I'll, I'll explain to you in detail,
why I'm using that the highest 1 0 1 0 4.
675
00:39:27,270 --> 00:39:31,230
So we draw our level here and
we draw our level here on this
676
00:39:31,230 --> 00:39:37,170
low, this single candle, that one
single candle right in here offered
677
00:39:37,290 --> 00:39:39,330
by five delivery on price only.
678
00:39:40,245 --> 00:39:41,685
And this is what you're
looking for in price.
679
00:39:41,685 --> 00:39:45,495
Actually, you want to look for all these
areas where price does this every other
680
00:39:45,495 --> 00:39:49,665
time, where it creates, um, overlapping,
like for instance, like it doesn't here.
681
00:39:49,725 --> 00:39:54,225
We traded lower, came back,
traded lower open here, came
682
00:39:54,225 --> 00:39:55,785
back again and you went lower.
683
00:39:55,815 --> 00:40:00,675
This is all very, very efficient,
balanced book of price.
684
00:40:01,335 --> 00:40:03,285
It, this then offered
a lot of trading back.
685
00:40:04,140 --> 00:40:04,470
Okay.
686
00:40:04,980 --> 00:40:08,910
So if price ever leaves this whole
area in here, it's usually significant
687
00:40:09,000 --> 00:40:13,680
and it does that over here, but it
leaves a poorest waken its tail.
688
00:40:13,680 --> 00:40:19,830
So if you see price drive out like that,
only one candle offered this range,
689
00:40:20,220 --> 00:40:23,790
breaking out and tried to come back
down and closing a little bit of this
690
00:40:23,880 --> 00:40:25,650
buy-side delivery rate on this candle.
691
00:40:25,650 --> 00:40:26,790
That creates a fair value gap.
692
00:40:27,750 --> 00:40:29,100
As soon as you have a gap on your.
693
00:40:30,465 --> 00:40:31,305
You want to define it?
694
00:40:31,305 --> 00:40:34,215
Like I have it here and then also look
for equilibrium because it doesn't
695
00:40:34,215 --> 00:40:35,655
always have to fill in that gap.
696
00:40:35,865 --> 00:40:39,375
It can do it at a later time, but
invariably, many times you're going
697
00:40:39,375 --> 00:40:43,125
to see that it will pull back into
the midway point of it or equilibrium.
698
00:40:44,265 --> 00:40:45,315
That's it right there.
699
00:40:48,275 --> 00:40:53,045
So you find your range, define it as such
as we just defined it, showing the range.
700
00:40:54,635 --> 00:40:56,945
There's your mid point.
701
00:40:59,700 --> 00:41:06,150
For equilibrium line right there and we'll
take the fib level off and here it is,
702
00:41:06,779 --> 00:41:11,250
boom, perfectly hits it, rallies away.
703
00:41:11,279 --> 00:41:14,069
And then we were looking for a
run through here and potentially
704
00:41:14,069 --> 00:41:15,660
up to here and price has done.
705
00:41:15,660 --> 00:41:22,680
So here now I did have my son watch
this pair and he studied it and he did
706
00:41:22,710 --> 00:41:24,750
a trade based on what we're defining.
707
00:41:26,390 --> 00:41:31,970
And I'm probably going to have him
do a screen capture of it and send
708
00:41:31,970 --> 00:41:35,420
it on the charts today on the.
709
00:41:37,080 --> 00:41:39,330
Daily recap, just to show
you how he executed on it.
710
00:41:39,720 --> 00:41:42,540
It's a demo account tree,
just so you know, he's not
711
00:41:42,690 --> 00:41:43,890
showing you any live accounts.
712
00:41:44,560 --> 00:41:46,170
He's learning how to do this on his own.
713
00:41:46,170 --> 00:41:49,379
So he's excited that he, you
know, he's able to do well.
714
00:41:50,040 --> 00:41:53,160
I think if I'm not mistaken, his field was
one-on-one 15, but don't hold me on that.
715
00:41:53,160 --> 00:41:53,520
Cause I got it.
716
00:41:54,149 --> 00:41:54,839
I just looked at it.
717
00:41:55,695 --> 00:41:58,575
The heat is all strut around
like a peacock this morning.
718
00:41:59,475 --> 00:42:03,945
So you have something special,
but, uh, he had an advantage.
719
00:42:03,945 --> 00:42:05,925
He's putting up his
dad's charts every day.
720
00:42:05,925 --> 00:42:08,475
So he's been kind of like saw
what was being, uh, outlined.
721
00:42:08,475 --> 00:42:10,605
So, but here's the one more
testimony, you know, I didn't
722
00:42:10,605 --> 00:42:12,315
tell him to buy it at that level.
723
00:42:12,315 --> 00:42:17,445
He just used the information that he
heard me say to you all and the levels
724
00:42:17,445 --> 00:42:18,865
the price should be reaching for.
725
00:42:19,335 --> 00:42:20,384
So we've expanded through.
726
00:42:21,570 --> 00:42:26,820
Uh, about, uh, 70 pips or so offered
on the move since back here that
727
00:42:26,820 --> 00:42:31,560
we were watching it live yesterday
and it's very nice upside movement.
728
00:42:31,830 --> 00:42:34,920
The one not on this pair,
we drop out to a four hour.
729
00:42:47,025 --> 00:42:50,055
Yeah, it's been nice to go
above this high and this high.
730
00:42:50,055 --> 00:42:50,955
So we're expanding.
731
00:42:51,525 --> 00:42:54,195
So this would be
732
00:42:57,885 --> 00:43:02,355
confirmation and we're probably going
to be reaching up into this gap again.
733
00:43:02,385 --> 00:43:11,625
Remember this last up candle and price
offering only the buy-side and an absence.
734
00:43:12,570 --> 00:43:17,100
Any training whatsoever that was filled
in here to get back into this whole area.
735
00:43:17,100 --> 00:43:22,740
Again, that is not, it's not
needed to balance anything else.
736
00:43:23,040 --> 00:43:27,870
So to see this type of action, when I
see it on this pair and I see it on S
737
00:43:27,960 --> 00:43:34,170
uh, the dollar CAD it's bullish to me,
it just gives weight to the dollar index
738
00:43:34,200 --> 00:43:35,910
wanting to make a higher high daily.
739
00:43:36,960 --> 00:43:37,410
Okay.
740
00:43:37,440 --> 00:43:41,940
So if we're seeing all these elements
in like the dollar case, We're seeing
741
00:43:41,940 --> 00:43:48,060
it in the dollar yen and now dollar
swissy it's showing underlined strengths
742
00:43:48,060 --> 00:43:50,130
across the board for dollar index.
743
00:43:51,450 --> 00:43:56,010
Again, there's nothing up here, nothing
up here with the exception of this equal
744
00:43:56,010 --> 00:43:58,200
high, to want to draw price up there.
745
00:43:58,830 --> 00:44:01,980
So we could be looking for one and
three forties to one to three fifties
746
00:44:02,670 --> 00:44:08,210
for swissy dollar swissy and that
gives us a great deal of context for.
747
00:44:09,120 --> 00:44:09,600
A range.
748
00:44:09,600 --> 00:44:13,380
It's a big amount of distance between
where even where we're at right now.
749
00:44:14,010 --> 00:44:18,810
And if we see price now that we've
cleared out this last two down
750
00:44:18,810 --> 00:44:20,310
closes, we've traded through that.
751
00:44:20,310 --> 00:44:22,680
So now this becomes a ball shorter
box that we really want be watching
752
00:44:23,220 --> 00:44:24,600
that one or three 40 level.
753
00:44:25,710 --> 00:44:26,700
So if we dropped down and.
754
00:44:27,525 --> 00:44:30,075
Not get too terribly, uh,
ahead of ourselves in here.
755
00:44:30,645 --> 00:44:34,545
If you come back down and you
capitalize that level of one of 1 41
756
00:44:34,545 --> 00:44:41,085
0 1 50, even that could potentially
be a buying opportunity for a swing
757
00:44:41,085 --> 00:44:44,505
or short-term trade to take us up
into picking out these equal Heights.
758
00:44:48,295 --> 00:44:52,195
Most likely going to rip below this
low here last down close prior to
759
00:44:52,195 --> 00:44:55,075
that is this candle here on May 1st.
760
00:44:55,675 --> 00:45:01,705
So be mindful that, uh, 12, 10 to 12, 15
level 12, 15 kind of like breaks goes back
761
00:45:01,825 --> 00:45:06,055
on the near term and we could potentially
see a little bit more retracement beyond.
762
00:45:08,255 --> 00:45:12,095
Silver's really taking a hard,
um, watch these pies in here.
763
00:45:12,515 --> 00:45:14,645
We have these old highs,
these old highs in here.
764
00:45:14,645 --> 00:45:16,025
We only have one time hit it there.
765
00:45:16,025 --> 00:45:19,835
So it may need three tests that if it's
going to maintain a longer-term stance
766
00:45:19,835 --> 00:45:25,955
bullishly uh, but if we get below 1720
convincing fashion, then we're probably
767
00:45:26,345 --> 00:45:30,605
going to be either in a large trading
range, like we're saying here or.
768
00:45:39,735 --> 00:45:40,335
Sorry about that.
769
00:45:41,115 --> 00:45:46,335
The range could be maintained
between this low and the highs in
770
00:45:46,335 --> 00:45:50,295
here, but we also have to be mindful
of the midpoint of that range.
771
00:45:50,924 --> 00:45:55,805
So we have this low up to this high.
772
00:45:55,805 --> 00:45:56,915
I'm going to use a Wickford.
773
00:45:58,140 --> 00:46:01,080
So we can retrace back all the
way down into the 17 big figure,
774
00:46:01,830 --> 00:46:04,350
which also puts us in essentially,
almost in the means threshold of
775
00:46:04,350 --> 00:46:05,910
these desks last down candles.
776
00:46:06,450 --> 00:46:07,800
So it could trade down to that level.
777
00:46:07,800 --> 00:46:10,800
And that could be a long-term buying,
or that could be a swing trade on
778
00:46:10,800 --> 00:46:14,970
entry on alongside a we'll have
to wait and see, but keep 1700 on
779
00:46:14,970 --> 00:46:17,280
your charts as a level of watch.
780
00:46:17,490 --> 00:46:19,020
And then we're going to use the Wix.
781
00:46:19,890 --> 00:46:20,160
I'm sorry.
782
00:46:20,160 --> 00:46:22,410
The body is not the weight of the candles.
783
00:46:22,410 --> 00:46:25,410
Get the range that still
puts us around that 17.
784
00:46:26,205 --> 00:46:26,895
Big figure level.
785
00:46:26,895 --> 00:46:33,194
So 17, 10 to 17, um, big figure for
silver and that's a catalyst or downside
786
00:46:33,194 --> 00:46:38,834
of Jefferson we've got about 50 points,
more downside potential for silver.
787
00:46:41,355 --> 00:46:45,795
And that's acceptable because if we're
going to be bullish on dollar, that's
788
00:46:45,795 --> 00:46:51,255
going to put heavy pressure on metals
and in Kiwi, just finding really
789
00:46:51,255 --> 00:46:53,985
new support in here, I would have
really liked to seen an opportunity
790
00:46:53,985 --> 00:46:55,095
to get up in here, close that up.
791
00:46:55,125 --> 00:46:57,075
Cause that would have been a nice sell.
792
00:46:58,875 --> 00:47:01,785
Uh, I think it may give us
one more bounce in here.
793
00:47:02,145 --> 00:47:05,415
If it's going to take out this low
here, and this is a market maker cell
794
00:47:05,415 --> 00:47:09,675
profile, uh, we would look for one
more area for distribution so far.
795
00:47:09,675 --> 00:47:10,035
We haven't.
796
00:47:10,980 --> 00:47:13,110
Now it could be viewed or argued.
797
00:47:13,110 --> 00:47:15,930
This was the second one in here
by taking out that run here,
798
00:47:15,990 --> 00:47:16,800
but I don't see it like that.
799
00:47:16,800 --> 00:47:21,090
I would rather see him one more, try to
rally and get up in here, close this gap.
800
00:47:21,240 --> 00:47:25,040
If it does that, then we could look for an
expansion down here, especially if we have
801
00:47:25,050 --> 00:47:26,760
a really strong surge on dollar index.
802
00:47:28,350 --> 00:47:29,850
And that is the business.
803
00:47:29,910 --> 00:47:35,670
Um, we're equivalent go back over
here and we'll Euro you go, you're
804
00:47:35,940 --> 00:47:39,420
sliding down again and going to
lots of intraday, these equal lows.
805
00:47:41,235 --> 00:47:48,015
The let's look at a dollar char
on cable might get one more drive,
806
00:47:48,015 --> 00:47:52,395
lower on cable, but be careful on
that next one, because if you're
807
00:47:52,395 --> 00:47:57,825
short, you want to take something off
when this next drive lower ballsy.
808
00:47:57,825 --> 00:48:00,405
Simply not exciting enough for me.
809
00:48:01,155 --> 00:48:05,325
And we're looking for the
expansion on tell a cat.
810
00:48:08,020 --> 00:48:12,550
Really, really nice mood,
one Swiss pear this week.
811
00:48:15,610 --> 00:48:16,360
Very, very nice.
812
00:48:17,830 --> 00:48:19,030
And that's the business where it's come.
813
00:48:19,060 --> 00:48:20,560
I will refine with notes.
814
00:48:20,740 --> 00:48:24,820
Um, the dollar index conversation we
had at the beginning of this session,
815
00:48:25,030 --> 00:48:27,250
it will be included into today's.
816
00:48:27,880 --> 00:48:32,970
Uh, I'll do a split-screen presentation
on dollar index and give you another
817
00:48:33,540 --> 00:48:39,570
overview of what I defined for premium
PD rays on that monthly range and show
818
00:48:39,570 --> 00:48:42,299
you what it looks like again, it's that
way you have it, you can print it out
819
00:48:42,299 --> 00:48:43,620
and keep it as a, like a cheat sheet.
820
00:48:44,430 --> 00:48:47,759
And it'll all be in like text
form on a dollar index chart.
821
00:48:49,290 --> 00:48:50,370
And that's it for this morning.
822
00:48:50,370 --> 00:48:53,040
I'm going to be joining you tomorrow.
823
00:48:53,070 --> 00:48:55,290
We're going to be doing
that 7 45 star time.
824
00:48:56,040 --> 00:48:56,160
And.
825
00:48:57,505 --> 00:48:58,825
Knock out as much as I possibly can.
826
00:48:58,825 --> 00:49:03,505
I want to make sure I have every
possible mentioning of anything
827
00:49:03,505 --> 00:49:06,415
that may be happening going into
eight 30, uh, release of news.
828
00:49:06,875 --> 00:49:08,335
I wanna make sure I had
it all detailed before.
829
00:49:09,435 --> 00:49:13,125
At least give folks the
opportunity to seek this.
830
00:49:13,665 --> 00:49:15,945
We're gonna start charting
and putting charts out.
831
00:49:16,605 --> 00:49:20,715
And if I'm doing live sessions and say,
Cody doesn't do it right, or he doesn't
832
00:49:20,715 --> 00:49:25,155
get it up in a way where I, it, it, I
view it's helpful to those individuals
833
00:49:25,155 --> 00:49:26,445
that are not in our live session.
834
00:49:27,675 --> 00:49:31,515
I want to be able to,
uh, help facilitate that.
835
00:49:31,605 --> 00:49:34,785
And if I'm doing live sessions, my is
obviously on the charts and discuss.
836
00:49:35,609 --> 00:49:39,930
But I do have a large portion of our
audience that can't be here live,
837
00:49:39,930 --> 00:49:44,819
but still can take advantage of the
setups for learning opportunities.
838
00:49:44,819 --> 00:49:48,060
So I want to make sure that we
get started earlier at 7 45.
839
00:49:48,569 --> 00:49:52,350
And that way, if I get everything caught
up and done and delivered today was a
840
00:49:52,350 --> 00:49:54,810
little bit long-winded because I had a
couple of things I want to talk about in
841
00:49:54,810 --> 00:49:59,759
discussion, but generally for our sessions
going forward until we get into the day
842
00:49:59,759 --> 00:50:04,439
trading, because day trading will permit
me to be in here for an hour each day.
843
00:50:05,205 --> 00:50:09,975
From 7 45 to 8 45 will be day trading the
London session and the New York session.
844
00:50:10,515 --> 00:50:14,925
But for the morning sessions like
we're doing now to have a session in
845
00:50:14,925 --> 00:50:19,745
day trading and not be here for the,
the whole setup from entry to, uh, to
846
00:50:19,755 --> 00:50:23,235
execution and, and putting the stops
in and putting our limit orders in you
847
00:50:23,235 --> 00:50:28,055
won't learn day trading or even using the
lower level entry techniques without me.
848
00:50:29,145 --> 00:50:33,315
So that's not necessary now for short
term trading, because we can still adopt
849
00:50:33,315 --> 00:50:37,095
a set and forget type of attitude, which
is really what I'm trying to focus on.
850
00:50:37,185 --> 00:50:39,524
So that's the reason why our sessions
are going to be brief and short.
851
00:50:39,645 --> 00:50:42,884
You're going to learn how to trust
your limit orders and your stop orders.
852
00:50:43,515 --> 00:50:46,274
And you're going to see that you don't
have to be in here on live sessions
853
00:50:46,274 --> 00:50:50,115
to be a trader, and you don't have
to be off your job to do it either.
854
00:50:50,115 --> 00:50:52,845
You just need to know what price is
doing with a smartphone or a real
855
00:50:52,845 --> 00:50:56,234
quick phone unit and check the price
action before you go into eight
856
00:50:56,234 --> 00:50:57,734
o'clock and eight 30 time window.
857
00:50:58,665 --> 00:51:01,395
Your orders are already be set
up and we'll, we'll do that.
858
00:51:01,415 --> 00:51:02,775
I'll teach you how to do that this month.
859
00:51:02,805 --> 00:51:05,685
That's all part of the short term
trading and get you a one shot, one kill.
860
00:51:06,285 --> 00:51:07,995
And you'll see why I'm
saying a lot of time.
861
00:51:07,995 --> 00:51:13,395
Now, as a mentor in this mentorship, way
more expensive than exponentially, way,
862
00:51:13,395 --> 00:51:15,465
way more than actually doing a trade lot.
863
00:51:15,945 --> 00:51:16,755
I look at the price.
864
00:51:16,755 --> 00:51:17,685
I knew what levels I wanted.
865
00:51:17,725 --> 00:51:21,225
I put my orders in and I put my stock
in it's contingent with I get filled.
866
00:51:21,285 --> 00:51:23,955
I stopped really saying my limit,
where it goes in a walk away.
867
00:51:24,915 --> 00:51:26,595
So that's what, that's,
what once that one kill is.
868
00:51:26,655 --> 00:51:28,425
I'm not every day in front of the charts.
869
00:51:28,425 --> 00:51:32,025
That's why it's just my
cup of tea, you know?
870
00:51:32,025 --> 00:51:33,915
And that's why I can't wait to get
through the mentorship because I can
871
00:51:33,915 --> 00:51:35,235
go back to living like that again.
872
00:51:35,655 --> 00:51:39,495
And I want to be so much ingrained
about what I'm doing in the marketplace
873
00:51:39,495 --> 00:51:41,805
and talking about it too much.
874
00:51:42,195 --> 00:51:45,705
So that's the context of what
you're learning this month.
875
00:51:45,885 --> 00:51:47,485
You're going to learn
how to put the orders in.
876
00:51:48,975 --> 00:51:52,154
And I have faith that, you know,
if it tells you you're okay with
877
00:51:52,154 --> 00:51:55,305
it and it shouldn't hit your stop
and it should hit your objective.
878
00:51:55,815 --> 00:51:58,245
And your objective is to hold
it for about two to three days.
879
00:51:58,515 --> 00:52:02,865
And that's the, the window
that I like to trade with, but
880
00:52:02,865 --> 00:52:04,335
it doesn't limit you to that.
881
00:52:04,335 --> 00:52:07,424
It can be held a little bit longer,
but with the current conditions
882
00:52:07,424 --> 00:52:09,225
around the world, I don't hold
anything over the weekend.
883
00:52:09,674 --> 00:52:10,545
Now I would never do.
884
00:52:11,820 --> 00:52:14,760
And as full disclosure, I've already
mentioned in my other Twitter, I have
885
00:52:14,760 --> 00:52:16,950
yet to make one live trade this year.
886
00:52:17,010 --> 00:52:17,850
Do you have 17?
887
00:52:17,880 --> 00:52:21,840
I have been completely sidelined
either in demo or not doing anything.
888
00:52:22,320 --> 00:52:26,460
So I'm immediately, I'm anxious of getting
here and start executing and doing things.
889
00:52:27,000 --> 00:52:28,590
So, and no, I have not done it.
890
00:52:28,590 --> 00:52:32,370
That means there has not been
one single trade in, uh, the
891
00:52:32,370 --> 00:52:33,750
Robin's contest account either.
892
00:52:34,110 --> 00:52:34,320
Okay.
893
00:52:34,320 --> 00:52:34,980
But I'm itching.
894
00:52:35,010 --> 00:52:38,190
Um, I'm wanting to get into something
I'd like to put some kind of
895
00:52:38,190 --> 00:52:40,050
numbers on the board for this week.
896
00:52:41,055 --> 00:52:42,855
I want to cherry pick and make
sure I get something solid.
897
00:52:43,335 --> 00:52:47,865
I just don't want that psychological
bump if I take a hit on the first trade.
898
00:52:48,165 --> 00:52:51,765
So I want my setups to be 100%
in my favor before I take it.
899
00:52:51,765 --> 00:52:55,575
And yes, it may require me to wait a
few days into the week, but I'll find
900
00:52:55,575 --> 00:52:58,515
something, even if it's 20 pips, I'll get
something, but I don't want to force it.
901
00:52:59,174 --> 00:53:01,095
So if there's any lesson in
that just don't understand that.
902
00:53:01,245 --> 00:53:01,785
Yes.
903
00:53:02,295 --> 00:53:05,595
Patients pace until I talk to you
tomorrow, we still have the training.
904
00:53:06,660 --> 00:53:08,430
Uh, the update as soon as I possibly can.
905
00:53:09,089 --> 00:53:12,509
It's a little bit longer than I wanted
it to be today when I said an hour.
906
00:53:13,379 --> 00:53:16,290
But, uh, I'll include again,
a summary in picture, form and
907
00:53:16,290 --> 00:53:19,979
notes also for the dollar index
discussion we did for the discount.
908
00:53:19,979 --> 00:53:24,270
Why was a discount on the large timeframe
until later on which good luck no trading.
77279
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