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These are the user uploaded subtitles that are being translated: 1 00:00:00,120 --> 00:00:00,600 Question. 2 00:00:00,600 --> 00:00:08,220 I'm getting a lot in email and I'm seeing it on Twitter too, is that I'm no longer 3 00:00:08,220 --> 00:00:11,010 using four X LTD and blah, blah, blah. 4 00:00:11,130 --> 00:00:15,270 And actually I am the server I'm drawing data from is four X 5 00:00:15,270 --> 00:00:19,350 LTD for this meditator terminal. 6 00:00:19,350 --> 00:00:27,000 So I downloaded another empty for, um, software from the broker I had to 7 00:00:27,000 --> 00:00:29,310 use to set up the Robin straight con. 8 00:00:30,525 --> 00:00:33,195 So I have it set to this. 9 00:00:33,315 --> 00:00:39,435 And then, um, I elected to go back to Forex LTD data with this 10 00:00:39,435 --> 00:00:44,224 terminal and the other terminal you're used to seeing me have the 11 00:00:44,224 --> 00:00:45,675 actually has my live account in it. 12 00:00:45,675 --> 00:00:47,595 And I'm not going to show that because it has the account number. 13 00:00:48,285 --> 00:00:51,614 And I can't ha if I, to, if there was a way for me to hide it up here in the 14 00:00:51,614 --> 00:00:54,254 live sessions, I would certainly do that. 15 00:00:54,885 --> 00:00:55,065 But I. 16 00:00:55,920 --> 00:00:57,450 So, therefore I'm not going to do that. 17 00:00:57,660 --> 00:01:01,620 Uh, you'll see all the information into my FX book, LinkedIn that make 18 00:01:01,620 --> 00:01:05,040 public to everyone the last day of every month for the full weekend. 19 00:01:05,580 --> 00:01:10,410 So you'll have every, uh, every month you can take a look at it, but yes, 20 00:01:10,410 --> 00:01:15,330 I'm still using Forex, LTD as outlined in the terms of use and all the 21 00:01:15,330 --> 00:01:17,100 information pertaining to the mentorship. 22 00:01:17,100 --> 00:01:18,600 So we will operate mainly. 23 00:01:19,455 --> 00:01:25,035 Uh, maintaining that LTD, uh, data from, uh, that server and that I 24 00:01:25,045 --> 00:01:26,895 broker I don't trade with them again. 25 00:01:26,895 --> 00:01:27,795 That's the disclosure. 26 00:01:28,215 --> 00:01:30,405 And it's usually because they give me the dollar index that makes it 27 00:01:30,405 --> 00:01:31,634 available for you guys as well. 28 00:01:33,555 --> 00:01:33,795 All right. 29 00:01:33,795 --> 00:01:39,465 So, um, I got a question also regarding the, uh, how is this level down here? 30 00:01:39,495 --> 00:01:42,015 A discount PDR. 31 00:01:43,005 --> 00:01:43,245 Okay. 32 00:01:43,245 --> 00:01:46,725 It's a monthly bullish order block in the form of a bullish breaker. 33 00:01:46,995 --> 00:01:47,265 Okay. 34 00:01:47,265 --> 00:01:50,415 Order blocks are not limited just down candles and up candles. 35 00:01:51,015 --> 00:01:52,575 They are mitigation blocks. 36 00:01:52,575 --> 00:01:53,445 They're breakers. 37 00:01:53,715 --> 00:01:58,695 They are rejection blocks that are all order blocks there's 38 00:01:58,815 --> 00:02:00,495 orders within these levels. 39 00:02:00,795 --> 00:02:04,665 So when I say order block, and it's a positive like this, a plus 40 00:02:04,665 --> 00:02:08,475 symbol OB, it doesn't necessarily mean like, for instance like this. 41 00:02:09,015 --> 00:02:09,465 Okay. 42 00:02:09,795 --> 00:02:10,875 This would be your class. 43 00:02:11,655 --> 00:02:16,454 Down closed candle, which is a traditional bullshitter, shorter blog by itself. 44 00:02:17,114 --> 00:02:21,225 It's just simply a down close candle where they did more buying. 45 00:02:21,855 --> 00:02:23,894 It can be a form of a rejection block. 46 00:02:23,894 --> 00:02:25,035 That would be the order block. 47 00:02:25,084 --> 00:02:26,834 Just don't let me trip you up with this. 48 00:02:26,834 --> 00:02:27,825 This is this mine notes. 49 00:02:28,185 --> 00:02:30,765 And I mentioned this before that you're probably going to start 50 00:02:30,765 --> 00:02:32,204 seeing a lot of this in my charts. 51 00:02:32,505 --> 00:02:35,204 So get used to the other abbreviations. 52 00:02:35,864 --> 00:02:36,255 You're gonna hear me. 53 00:02:36,255 --> 00:02:36,345 Okay. 54 00:02:37,110 --> 00:02:41,130 Um, in terms of referring to higher timeframe, PD rates and 55 00:02:41,130 --> 00:02:44,040 such go back to your higher timeframe charts and look for them. 56 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? 58 00:02:50,250 --> 00:02:51,420 So let's go out real quick to that. 59 00:02:51,420 --> 00:02:55,050 And then we'll jump into today's discussion, which will be short. 60 00:03:01,720 --> 00:03:01,990 All right. 61 00:03:01,990 --> 00:03:04,150 So if you zoom in, okay. 62 00:03:04,150 --> 00:03:05,320 We had this high. 63 00:03:06,985 --> 00:03:08,185 And this low for this month. 64 00:03:08,905 --> 00:03:09,265 Okay. 65 00:03:09,715 --> 00:03:16,075 So we had a range, the old high back here that is also a PD array 66 00:03:16,075 --> 00:03:19,705 and it can become a discount PDR. 67 00:03:19,705 --> 00:03:19,845 Right? 68 00:03:19,845 --> 00:03:23,485 Remember the old lows and old highs okay. 69 00:03:23,605 --> 00:03:25,645 Are still discount. 70 00:03:26,305 --> 00:03:30,115 So we have a range defined by this old high and this old. 71 00:03:31,554 --> 00:03:34,225 So we came off of this high here, Trey, back down into 72 00:03:34,225 --> 00:03:35,605 this, this becomes your range. 73 00:03:36,774 --> 00:03:38,454 So this level over here. 74 00:03:39,325 --> 00:03:39,714 Okay. 75 00:03:40,315 --> 00:03:42,204 It should be anchored to this candle. 76 00:03:43,915 --> 00:03:47,364 This is your Bush. 77 00:03:49,875 --> 00:03:54,105 Because you take an out this short-term low with this rundown. 78 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 79 00:03:58,185 --> 00:03:59,865 or it could be, it could be bullshit. 80 00:03:59,865 --> 00:04:00,435 Say it like that. 81 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 82 00:04:09,015 --> 00:04:14,985 monthly basis, you also have this down candle right in here, and this becomes a. 83 00:04:16,470 --> 00:04:19,440 Future bullish or block, but it has to trade above its high. 84 00:04:19,890 --> 00:04:22,500 The more specifically it's got a trade above its body, the candle. 85 00:04:22,500 --> 00:04:23,040 I like that. 86 00:04:23,520 --> 00:04:28,260 But in here on a, let me get this stuff off here. 87 00:04:28,320 --> 00:04:29,610 It's now starting to confuse me 88 00:04:36,900 --> 00:04:37,350 here we are. 89 00:04:37,680 --> 00:04:39,270 This is again why I like force LTD. 90 00:04:39,270 --> 00:04:40,050 Cause it gives you this. 91 00:04:41,190 --> 00:04:43,860 I don't know if there's any other brokers from that gives him empty for. 92 00:04:45,480 --> 00:04:48,930 With the dollar index, if it was, and if I knew about him, I would've 93 00:04:48,930 --> 00:04:52,680 just simply told you to use them, but I've always used Forex LTD. 94 00:04:52,680 --> 00:04:54,360 So it's not like I like them as a broker. 95 00:04:54,360 --> 00:04:57,720 I just liked them because they make it very nice for, I want to get to 96 00:04:57,810 --> 00:05:03,990 the dollar index, which I think is in my opinion, essential trading for X. 97 00:05:06,570 --> 00:05:08,220 So you have this, this level here. 98 00:05:09,960 --> 00:05:10,110 Okay. 99 00:05:10,110 --> 00:05:12,810 So that's your monthly bullish break. 100 00:05:15,375 --> 00:05:16,755 We take on a short term loan here. 101 00:05:17,265 --> 00:05:20,715 Then we have this range in here, right in there. 102 00:05:26,935 --> 00:05:28,375 Actually I used the wrong one. 103 00:05:32,094 --> 00:05:32,604 There you go. 104 00:05:33,745 --> 00:05:38,995 So we have this down candle, which is a full bearish down close candle. 105 00:05:43,250 --> 00:05:44,960 And then you come back up to that same level. 106 00:05:48,980 --> 00:05:49,550 Yeah, I forgot. 107 00:05:49,550 --> 00:05:52,310 I don't have this one set up, so you'll get to see me. 108 00:06:00,765 --> 00:06:02,625 This is the fear of expansion tool. 109 00:06:04,305 --> 00:06:10,005 And what this does is it gives you levels to map out overbought oversold. 110 00:06:10,005 --> 00:06:14,895 It gives you the discount and premium levels, and let's see 111 00:06:14,895 --> 00:06:16,065 if it makes that dark now. 112 00:06:16,855 --> 00:06:17,325 Okay, good. 113 00:06:18,795 --> 00:06:21,405 So we have properties. 114 00:06:21,405 --> 00:06:22,185 Now you go into the. 115 00:06:28,100 --> 00:06:28,490 Okay. 116 00:06:28,490 --> 00:06:31,310 And we're going to look at point 30. 117 00:06:37,300 --> 00:06:40,420 We'll just do real quick once for sake of time. 118 00:07:14,470 --> 00:07:17,740 Okay, excuse me. 119 00:07:18,940 --> 00:07:19,960 So we have a range here. 120 00:07:20,470 --> 00:07:26,020 The full range is defined by that right there. 121 00:07:26,020 --> 00:07:30,040 So we have the bodies, clothes, and the bodies open the full entire 122 00:07:30,040 --> 00:07:32,080 range that gives us a range of. 123 00:07:32,940 --> 00:07:37,710 To shoot for also in terms of defining premium and discount. 124 00:07:38,010 --> 00:07:45,599 So if we were looking at just simply this level here and we'll add it to 125 00:07:45,599 --> 00:07:52,419 here and we'll add this level here. 126 00:08:00,855 --> 00:08:02,865 Change that to thinner levels. 127 00:08:02,865 --> 00:08:05,565 We can see planer. 128 00:08:20,375 --> 00:08:20,855 Okay. 129 00:08:20,945 --> 00:08:24,395 And what we're trying is down to a smaller, thinner level. 130 00:08:39,944 --> 00:08:40,335 Okay. 131 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 132 00:08:46,725 --> 00:08:50,985 the most active monthly discount PDs. 133 00:08:51,990 --> 00:08:55,439 Remember when we go through our PD array matrix, we're looking for the 134 00:08:55,439 --> 00:09:00,420 one that's most active, which one's causing price to move prices traded down. 135 00:09:00,510 --> 00:09:03,510 It hit into this last up candle rate for the down move, which 136 00:09:03,510 --> 00:09:04,410 took out a short-term low. 137 00:09:04,430 --> 00:09:05,670 That makes us a bullish breaker. 138 00:09:05,670 --> 00:09:05,910 Why? 139 00:09:05,910 --> 00:09:06,900 Because we traded through it. 140 00:09:08,280 --> 00:09:12,449 So the shorts that would've been used at a dry price lower for underwater. 141 00:09:13,980 --> 00:09:14,940 This level here. 142 00:09:15,360 --> 00:09:19,470 So as price trades down into it, we're looking for mitigation to take place. 143 00:09:19,560 --> 00:09:23,460 Any shorts would be taking off, but you also now have it arranged, you have an 144 00:09:23,460 --> 00:09:30,900 old high, this traded from down into a what an old high here set defines a range. 145 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 146 00:09:34,740 --> 00:09:36,180 bulk of the volume is inside the body. 147 00:09:36,690 --> 00:09:39,510 So by defining that we can take this and reduce it down in. 148 00:09:41,245 --> 00:09:45,775 Smaller timeframe weekly in here. 149 00:09:47,245 --> 00:09:52,465 And it gives us a more refined level look for inside of this WIC. 150 00:09:52,645 --> 00:09:53,725 See that we're creating here. 151 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. 152 00:09:57,175 --> 00:10:00,235 It's this, that monthly bores breaker. 153 00:10:00,235 --> 00:10:01,345 If I can get ahold of that level up. 154 00:10:01,885 --> 00:10:02,245 All right. 155 00:10:02,485 --> 00:10:09,265 So now we have a monthly premium and discount range defined by this. 156 00:10:10,199 --> 00:10:17,189 Premium, this being discount down in here, it also aligns with inside 157 00:10:17,189 --> 00:10:20,849 of the last down candle, which is a typical bullish or block, but it also 158 00:10:20,849 --> 00:10:25,530 refines a smaller area in which you can refine a, the beginning of an oversold 159 00:10:25,530 --> 00:10:28,469 condition or discount this case. 160 00:10:29,189 --> 00:10:30,209 That's that level in here. 161 00:10:31,199 --> 00:10:34,349 So when we see price trade down into. 162 00:10:35,175 --> 00:10:39,555 It's giving us reasons to suspect that price is not in a premium. 163 00:10:39,645 --> 00:10:40,605 I know what you're thinking. 164 00:10:40,605 --> 00:10:46,275 You're thinking this, you're looking at this like this right here, where 165 00:10:46,275 --> 00:10:47,535 price has been down over here. 166 00:10:50,505 --> 00:10:54,615 Not everyone just to folks that have asked why this is a discount. 167 00:10:54,615 --> 00:10:58,935 So you're looking at this low down here in relative terms to. 168 00:11:01,530 --> 00:11:02,189 This up here. 169 00:11:02,610 --> 00:11:05,010 So yeah, if we're going to define the range in terms of that. 170 00:11:05,010 --> 00:11:05,490 Yeah, of course. 171 00:11:05,490 --> 00:11:06,360 We're way up there. 172 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 173 00:11:12,270 --> 00:11:16,980 of the current range, because we've just made this high and we broke an old high 174 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 175 00:11:21,660 --> 00:11:23,280 traded up to that and we traded back down. 176 00:11:23,310 --> 00:11:26,819 So it just simply a distinct support resistance, if that 177 00:11:26,819 --> 00:11:27,720 makes it any plainer for. 178 00:11:28,545 --> 00:11:30,135 Because this is the near-term range. 179 00:11:30,885 --> 00:11:36,555 If this low is given up, then we have to use this swing low here becomes 180 00:11:36,555 --> 00:11:39,855 a range from this low to this high, and you would do that same thing with 181 00:11:39,855 --> 00:11:44,925 your Fibonacci expansion tool, the set up 20, 30, 80, and 70, and that 182 00:11:44,925 --> 00:11:46,814 defines your range in terms of premium. 183 00:11:47,444 --> 00:11:51,074 And it defines your range in terms of discount real quick, down and dirty, 184 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. 186 00:11:57,270 --> 00:12:04,080 Uh, or blocks mitigation blocks, voids gaps, um, old highs and lows. 187 00:12:04,170 --> 00:12:07,590 It gives you context that work within two to start mapping 188 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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