All language subtitles for 032817_r EN (M)

Welcome back folks.

This is the dollar index is a daily chart.

All right.

Well, we had our 98 90 level
traded to yesterday and I wanted

to see some movement higher today.

We got that.

Um, I'm not sure if we're going
to run for this high here or let

me try to pull all the way up
into this buy-side liquidity pool.

If we get to this one, we'll probably
try to fill in this fair value gap.

And that's assuming a lot because of.

Not even go up above this short-term
high, but I think it made a reasonable,

uh, case could be made why they
could come up here and take out the

buy stocks, read above this high.

I don't want to see a trade
lower or give up any of the

range that it's posted today.

If it does, then it's just probably
going to be a dead cat bounce.

And we're going to be looking for more
of a move higher preferably Euro pound.

This pairs, the one
that messed me up today.

Admittedly.

I was looking for this to create,
try to trade down into our

bullish or block here, 85 90.

It decided they wanted
to do something else.

So that messed me up.

I elected to trade, uh,
live with the Euro dollar.

I was trying to trade the.

You're short for a close on
it's opening gap on Sunday.

And I'll tell you more about that when you
get to the Euro, but, uh, this payer just

would not relent and kept going higher.

So they drove cable lower and
kept Euro dollar in a range.

And there was a few times in intraday.

I thought I had it pegged and it didn't.

So, uh, this was the catalyst for why.

Chopped up in Europe today.

Now you're a dollar.

I wanted to see this
gap and irrigate closed.

Um, that was the trade I was trying to do.

There was a couple of times I looked
at it and I thought I was wrong and I

thought he would probably go higher.

And on the heels of this
old high here, 1 0 8 30.

That may have been a catalyst
for bullish prices as well.

Um, but the gap on the Sunday, that
was the initial idea I had going

into London and it didn't do it.

Uh, let's take a look at the Euro.

You can see, we have the
midnight candle here in New York.

Um, I went short and
here got a small little.

And felt confident that I had it and
went to sleep and woke up a little

later in the morning, saw that I was
stopped out and thought I had it again.

And didn't came back and,
uh, squeezed on me again.

And then I thought I had it wrong.

I thought that, uh, we had three drives,
lower came back in the older block

and they're probably going to come
up here and gun the high in London,

therefore justifying why you're doing.

What was going to go higher and
I thought they were going to hold

cable and I was wrong there as well.

So it kept squeezing on here,
squeeze and squeeze and squeeze it.

And it finally, uh, later on in
this move in here, I waited for a

retest of a bullish candle in here.

And then I went short again and rode it.

Not all the way down into Sunday's gap
because after being chopped up with my

opinions on what you're going to do in.

I didn't have the, uh, the wherewithal,
the holdup for that late in the day.

So I was able to make some of the, uh,
the loss I took in Euro out, but I'm

still down on the day on, on this pair.

It pretty much beat me out today, did way
too much trading in one pair, the cable.

This one was the darling for today.

Uh, this.

I had a really nice sell off after
running out the London highs.

And we'll take a look at that
here's New York and price rallied

up after taking the market lower and
went up initially rate to 30 pips.

If you look at the opening price at 30
pips to, and it takes you right to that.

And, uh, and sold off.

Uh, when I woke up, saw that I was
stopped out of the Euro short, I

didn't like this accident here.

It was too much of a drive.

And I, I want to see a little bit
more of a return back to, to arrange.

And you've seen in my tweet
this morning, I really wasn't.

I really wasn't too excited about it,
but I felt if it did trade lower, um,

we look for 1 25 20, it had no problem
getting there and then sliced right on

through that and pulls right through to
an equalizer here for the cell stops.

So.

Moral victory since that twenty-five Tony
was called and it was reached, but no

trade on my part could capitalize on it.

And there's some of you actually sold
short back here and I'm very proud

to see that was done by some of you.

And that's unfortunate.

I wasn't able to do that.

I picked the wrong pair that I had just
really, really bad execution on my part.

But, uh, looking at the cat.

I felt that we were going to try
and run up here and hit this 1 34

35 level and that failed as well.

So we're still inside of this choppy
little range, um, gun to my head.

I still believe that this pair
will want to try up to 1 34 35

and maybe even gone out this high.

And this is relative to the
Canadian dollar futures market.

So apart from that, I don't have any
opinion about the Canadian dollar.

I'm just steer clear
from it, Aussie dollar.

Uh, this is another one that, uh, uh,
for life mean, I told you what to expect

and I still didn't trade it myself.

So I'm, uh, uh, beating myself up today.

Not only not feeling well still,
but I'm still really upset about it.

I tried to squeeze out the, a
Euro dollar today and I just

couldn't get it to happen.

The level that we were looking for, I
noted, um, based on the liquidity avoidant

here and the order block, I said that we
would probably see a bounce yesterday.

We traded down just a little bit through
it and immediately rejected through.

We're going to get into an hourly chart.

You see that level here?

Make sure I got that right.

Okay.

Some of the things.

75 93.

Yeah.

That's not right.

Yeah.

Okay.

So 75 93, that was the
level we were looking for.

Price hit.

It rejected, came back down and I
didn't like the setup looking at it.

And here didn't come down to, in
my opinion, didn't come down to

a clear enough, uh, order block.

I would have liked to seen it not
be so efficiently traded in here.

I would like to have seen a trailer.

Uh, aggressive and then come
back and find it an order block,

like the last down Campbell.

That that would make more
sense, even though I can see

it and you can see it as well.

That's what steered me clear of it.

I felt it was probably going
to make one more run through.

So I was wrong there as well.

Um, came back up and cleared
the equal highs here and here.

And since then if, uh, traded off the
highs, uh, it'll be interesting to see

if they make a one more attempt off of
this or high here and in order block.

So that's one to watch tonight
in Australian Asian overlap.

So let's put a level on there now.

So we have it, uh, there, so we
could trade down into a breaker.

So we have a low, the high in between.

The last up candle, basically
the middle of that last candle

and we have an order block.

So if we come down and hit 76 30, uh,
that could be a catalyst in the agent

session and might get a bit of pop again.

That's something wants
to know you on Asia.

I'm not going to trade it, just like,
you know, um, I'm in jail down today.

So I won't be taking anything
in Asia that's for sure.

But, uh, hopefully I'll get
something set up for, uh, for

London and New York tomorrow.

And I think that's going
to be it for today.

Um, I have the slides done
for, uh, all the sessions now

for all the lessons rather.

So I should have everything
completed by Friday morning.

So you'll have all the, the
videos then and the notes as well.

So I'll have everything delivered
by the end of the month.

And then.

Well you on your decision,
whether you're continuing on

into next month and that's it.

Um, I'll try to be on live tomorrow.

Uh, but I'm not gonna be talking
obviously because I need my voice.

So I'll be doing the
live session tomorrow.

I'll be just making
notations on the chart.

I'll still tweet out any information
for those individuals that can't

be in the session, but, uh, I had
to get a lot of work done today.

With that done.

And it gives me the, uh, the confidence.

I think we'll be okay by Friday
morning, we'll have everything.

Um, and you have to go over the
weekend and take a look at everything.

And again, determine whether
you're going to continue or not.

And that's it for today.

So I'm going to issue pleasant afternoon.

Check back with you tomorrow,
but if there's anything

happening in London, I'll tweet.

If there's not, then we'll be
definitely live with something

in New York session tomorrow.

And until then, I wish you
good luck and good trading.