All language subtitles for Monday May 08, 2017 EN

Okay.

Uh, first of all, thank you very much.

Uh, welcome back to new week Monday.

Thank you for your patience.

Allow me to take care of my son's, uh,
personal issues that we had to tend to

as a family we're back local in Maryland.

So we will have to go again in about six
weeks to have a, another procedure done.

Um, they gave us a machine that
he has to wear when he sleep.

I'm not sure how he's gonna sleep
with this thing, but he they're being,

he's being treated for sleep apnea.

And, uh, he has some sleep disorders,
so we have to get it resolved.

The, uh, the weekend was very,
very, very stressful for me.

Okay.

Very stressful.

Um, because obviously we have about
four people from our group that have

left either by way of, uh, you know,
their own choosing or because of.

Non-payment they were rejected.

So there's been a lot of drama,
Israel as a result of that.

And it's the same for people.

And I think they've started
a campaign online, whatever.

So while I was away, I wasn't going
to have the time to be able to keep

everyone abreast as to what's going on.

And, um, you know, I'm a father first,
so I'd take care of that first, but now

that's out of the way I can come back
and talk candidly with everyone again.

So my concern was is that a lot of you
were seeing some of the things that were

being said about me or pictures that
supposedly are of me, and they're not, um,

it's a lot of drama that's being pushed
by people and you know, I'm sure some of

it is meant to be fine, but some of them
that take it out of, you know, completely

and totally different direction.

And they have been harassing my
family members, trying to find

information about where I really live.

You know what I look like all that
old business and trying to get

pictures of my wife and my children.

So this is something I had to go
through when I was at America online

and why I don't share my stuff.

I don't share pictures,
you know, inside my house.

I don't share pictures of me.

Um, except for the one I showed you
at the beginning of this mentor ship.

So, um, I've been stopped before and
now it's gone to a really weird level.

So, um, my wife and I spoke, uh,
extensively, uh, being in the car with

her for a number of hours, um, kind of
like forces that communication factor,

you know, it was uncomfortable, you
know, 45 minutes or so in the beginning.

And I finally, she just broke out and
said, look, you know, we gotta talk

about, you know, what's going on because
you know, her family members are being

poked and prodded and, and, you know,
Hey, you know, where is Michael and

Melissa live and all the other business.

It's got, it's got to come to a head
and it has, so I want to bring you up

to speed about how I'm gonna handle my
cell phone, social media for now on.

Um, there won't be any social media by me.

Um, I I've been basically told by
my wife look, you know, she doesn't

want to be worrying about it.

And it's a little embarrassing for her to
have to answer to her friends and family

about why folks that are interested in
me and want to know what they're doing.

So I've already killed
my free Twitter today.

I'm killing the mentorship.

Twitter.

It's not necessary.

It's not needed.

Everything goes through
the form and email.

So the way you contact me or
speak to me is through email

inner circle trader@gmail.com.

That hasn't changed.

It's always been constant.

Uh, there's really no,
there's no need for Twitter.

The only thing that's been going
on is folks will ask questions

or share charts or do something.

And in various.

Either it upsets me or concerns me
because all it does is provide a

stage for folks that are outside of
mentorship to you to do whatever.

And you're all being followed by
people that want to know what you're

going to say or, you know, and
that's really what it boils down to.

So Twitter is not necessary.

So I'll be adjusting the terms of
use stating that there won't be any

use for ICT underscore mentorship.

So, um, there's no, there's no worrisome,
uh, thing for you to worry about, about

not having social media, Twitter access
to me, you have a direct link to me.

You all have my phone number.

Okay.

Uh, folks outside the, uh, the mentorship
they all have that you can literally,

and you can send me text messages.

If you need a quick response to
something, and I'm not gonna have

numbers in all of your PayPal receipts.

That's a direct cell phone number.

I carry that cell with me everywhere I go.

Some of you were texting me
while I was away and Sharon

concerns for me and my family.

And I greatly appreciate that.

Thank you for very much for that.

Uh, social media as it is for
me, you know, ICT or Michael or

wherever you want to, uh, you know,
the whole image thing that's done.

So I'm only going to be working inside
the mentorship, forum and email.

So the, uh,

the issue of what the, what the
content, um, my number one goal

is for you to be empowered.

I want you to be in insight, insightfully,
uh, taught the things that I know.

And if you don't want to be here,
obviously, no one's keeping you here,

but I want you to want to be here.

Okay.

So one of the things I talked about
with my wife, I said, well, you know,

right now the markets are acting really.

And she never, she's never
understood the market and she's

never understood how I do what I do.

She never understood
the fascination with it.

She just doesn't know how it works.

She's thankful that money
comes in, but she's completely

oblivious of how it works.

So what I'm concerned about.

Okay.

And, um, I kind of like told my wife.

I said, I think about this for a minute.

You say you and I subscribed
to a guy on the internet.

Okay.

And yes, you've seen where I've been.

Right.

But recently everything I've been
picking is pretty much wrong.

And I've said to you that the market
conditions are not aligned for me to work

as I would normally work, but you're in
a mentorship and you're being expected

to pay and you're getting blessings,
but I can't really fruitfully apply

them in the market as I would, if I was
trading with live funds and pushing it.

So I told him, I said, look, I gotta
be, I gotta be fair with these people

because I would want this done to me.

Number one, Yeah.

I thought that was going to have
a lot more backlash because of all

the stuff that was going online.

But I've only had really just two
people and it's ones that already tried

to get their money back before, and
they're trying a different approach.

So either one, you haven't done it
yet, or I'm probably exaggerating

me and my concerns about it.

So here's what I thought.

And I'll leave it up to you as the
community to tell me what you want to do.

Cause I'm flexible either way.

I told my wife, I said, look, the markets
are really screwed up right now and I'm

confident this fall it'll smooth out.

And she and I had talked that she's
looking at, you need to wrap this up.

Can you get back into the family?

And you know, this has gotta be it.

So I committed to her that
September when we finished that

month, you know, that was it.

And I would be periodically once a
week just touching base with her.

And she thought that was fair.

But I try to explain to her in our hour
conversation just about the market and how

it has to be in aligned for certain things
at work to make it high probability, as

best as I could for her to understand it.

She and I agreed that if you all
were comfortable, because I gave

him, I'm giving you a lot of content
and we're going to new content every

month, you get into lessons and
you're not really getting a sink too

much of it applied to there's a gap.

And it would be unfair
for me as a merchant.

It would be unfair to me as a me to be a
teacher, expecting you to understand it

fruitfully without really going through
it and having a market environment

that builds that understanding.

Because once you see it one time applied
it, then it's, it's like riding a

bike, but we don't have that right now.

And it's frustrating for me as
a teacher, because I need that

to see this stuff be applied.

And then once you see it, you'll have
experience with it and you'll know exactly

what you're supposed to do with it.

So I don't think it's fair.

Yeah, this has be real
honest with one another.

I don't think it's fair for me
to ask you to pay me when I can't

really apply it in the market
environments for the last couple of

weeks, you know, the last two months.

So she and I discussed it.

I said, look, would you be willing if
the community will greet to this now I'm

not saying it's going to be this way.

I'm not saying it's not
going to be this way.

I'm going to let them as a collective
whole determine what we're going to

do, because I have to make changes to
the terms of use to make this happen.

And if I can avoid it, I'll certainly
do whatever I can to not, not have to do

it, but I'm willing to listen to you as
a community because you're paying for me.

You're trusting me.

And I don't want to Mar that trust.

I think it's, it's, it's
very hard to earn trust.

And I've been honest
with everyone in here.

You all hear everything that's truthful.

I don't exaggerate anything in here.

I don't show you anything.

It's not truthful.

You see when I'm right and
you see when I'm wrong.

And I tell you what it is.

High probability and it is what it is.

So when I asked my wife, I said, look,
would you be willing to be more flexible

with me and allowing this project to
go into the end of November, should it

need to and analysis the reason why I
said this, there's a lot of questions

that some of you have that are dirty.

They're realistic.

They're not out of the norm, but some
of you are asking questions that I can't

really give you responses to because I
can't apply it to the market right now.

And I know that's what you're
wanting and guess what that's

exactly what you should be expecting.

And I can't apply it to present
market conditions because it's

doing whatever it wants to do and
everything's going opposite directions.

So there's no market cemetery.

So when there's a lack of sub-market
symmetry, that's number one, what we need

that to have high profit high probability.

So if there's a lack of high probability
conditions, I can't literally sit down and

say, okay, here's what you're going to do.

And this is how it works and it's easy.

And there it is.

Because we don't have that condition
right now, I would be willing to spend

the next three months, June, July,
and August, going into greater detail

with what's already been taught.

You do not pay for any of that.

Okay.

You don't pay for any of that.

And then after that, when we get to
September, when we have typically

seasonally, September, October, November,
they're really good months, but the

last half of November really isn't, but
they're generally really good months.

Plus it'll, it'll have the opportunity
for us to sit down and we'll be able to

outline the entire final quarter of the
year, which I was going to do anyway,

but we'll be at work with it and you
will see me doing it in better market

conditions and that's what's been lacking.

So it would be, it would be wonderful
for me to be, uh, you know, to sit back

here at collecting your money and say,
you know, here's your lessons and good

luck and hope you find it in the future.

But I don't, I don't feel right.

As a person, I don't feel
right doing it as a teacher.

I don't feel like knowing it.

And as now, as I've learned as a merchant
to be completely satisfied as if I was

the buyer, I would really appreciate that.

Now, some of you that aren't going to
want to do this, already know this,

you're not going to want to do it.

You're going to stay,
stick to the schedule.

Mike let's get done, you know, and I
understand that some of you all want

to do it, you know, in a weekend.

And I can't do that either, but a lot
of you have questions that are best

answered with applied use of that content.

And because of the conditions in the
marketplace right now, I've not been

able to, and this is real world.

You can't, you cannot force it to happen.

So I can't just say, because
I understand the sound sip.

I know I've used it.

I'm going to force it to the marketplace
and the market's going to bend to my will.

I, it doesn't work that way.

And some of you are so new
that you can't appreciate that.

So it's a big chasm between
your understanding presently

and what you need to understand.

And it's going to sound to some of you
like it's smoke and mirrors, but it's not.

I'm being legitimately honest with you.

I'm telling you everything upfront
and explain why it's not working.

You see it once in a while
works, you know, last week we

had an Aldi, it was two to PIP.

It went right up to the, to the level
at 74 30 and dropped right off of that.

It went down and closed a
fair, a fair bag up on a daily.

That's not normal.

That's not normal to see
inconsistency like that.

For me, I, I thrive in news environments
where it's highly lucrative to get in and

out, and the markets are moving one way.

It's is symmetrical
nothing to worry about.

I'm not going to talk
any more about it now.

Um, he pretty much got
what I propose to you.

I'm going to put a post
on the forum, okay.

In the may thread.

Okay.

And you guys can vote on it.

Um, you decide how it is.

Majority is going to win and
you know, it is what it is.

I want you to be satisfied.

I don't want you to feel like number one.

I don't care.

Cause I absolutely care.

I want this to be fruitful for you.

And I want it to be a
good experience for me.

Cause I want, I want your feedback.

When this mentorship ends, I'm looking
for continuous feedback from you on

what you're doing with it, how you're
succeeding with it, what you're doing

with your, your profits, all that.

I want to know what you're doing with it.

I don't ever want to see anyone feel like
number one, that I've scammed anyone.

I don't believe I've ever done anything
with B Sittard scamming the, uh, the level

of energy that takes to do this stuff.

It's a lot.

It doesn't seem like it because
you're just watching a video

sometimes, but there's a lot of
stuff that's going on behind the

scenes and a lot of involvement.

And I told my wife, I said, right now
I'm running a business and I've asked

them all to allow me to be a real person.

And some people just don't
think that that's possible.

Like you think I'm a, you know,
automated artificial intelligence.

Like I don't have a family and I don't
have real things going on in the world.

But some individuals recently have
upset my family, not, not me so much.

Cause I don't, they don't
know where I live at.

They don't know anything about where
I'm at or anything, but my wife is

concerned and I have to respect that.

So I've asked a lot of my wife, you
know, over the weekend and she's in

agreement with the, the alternative
where we spend the next three months.

You don't pay.

We just work in great detail.

What's already been explained.

And then.

We pick it up again and September, should
you all collectively decide to do this?

If you don't want to do this collectively,
whatever the majority says, we're going

to go with that, but I want to be fair and
make myself available to that flexibility.

I don't want to say this is the
way it is and you just take it

the way it is because in the
beginning, that's how it kind of was.

But because the market conditions,
the way, the way they are, I

don't feel, I don't feel right.

Doing it this way as a person,
I don't think it's right.

Um, and if I was asleep ball, like
some people are trying to paint me

as I would just sit back and keep
collecting your money and just

wish you all good luck with it all.

And there it is, but that's
not how you learn it.

You gotta have it applied.

You got to see it.

And if I can't apply it in my own trading,
it kind of like goes without saying

you can't do it even in a practice.

So you don't have the
conditions to work with.

So, like I said, I think it
was last week or week before I

wouldn't be trading right now.

I would, I would be forcing myself
to about the middle of may to see

what happens in the marketplace.

And then I would look to see what, you
know, what the market gives me, but either

way, um, I'm committed to your learning.

I'm committed to your satisfaction.

And I want you to all
know that number one.

And I want to fill every void that you
have in terms of your understanding about

all the content, the only anybody upset.

I don't want anybody to feel
like 30 days after they're done.

They didn't have a amazing
experience and grow as a trader

by way of being a part of this.

That's no number one goal.

I want you to be satisfied.

I want you to be empowered.

I want you to able to use the
information, not just, oh, I was there.

I experienced it, but I really
know what I'm dealing with.

It.

That's not what I want.

I want you all to have.

The free field wide open in front of
you and what direction you want to go.

You want to go on to manage funds.

You want to go into you
run your own account.

You want to go on the
signal services, whatever.

You'll be confident to do that, but I
don't feel confident as a teacher and as

a mentor that given the last two months,
it just, as it hasn't really been good

for me, it hasn't been good at all.

So I can only imagine what it's
like for you as the student

cause you're purchasing.

And some of you are actually
making great sacrifices to be here,

and I'm not oblivious to that.

You know, one 50 to me, isn't a lot,
but some of you have to work, you

know, to get that one 50 to be here.

And I certainly appreciate your
willingness to do that, but

I also am a human being too.

And I want to be sensitive
to the reality of right now.

I have not been able to put
this information to work where

you can see it effectively.

Not because it doesn't work, but
because the conditions that would

keep me on the sidelines otherwise.

Yeah.

That's what's that,
that's what we're seeing.

So, anyway,

that's enough of that.

So we're going to go through, I'm
going to go through the charts.

I'm going to give you some, uh,
some new levels to go off of.

We're going to go down from
the monthly and the weekly.

We'll do this on the dollar, the Euro,
the pound Aussie dollar and us cat.

Okay.

So where you're going to go
over to the dollar first.

Alright.

Do me a favor real quick.

Can you still hear me?

Okay.

As a final remark about what I've
just rambled on about in the post.

I'm going to give you
the proposed schedules.

You guys decide which
one you want to go with.

Okay.

I'm going to do two separate posts.

I'm going to do a post where it gives
us the outline as it is right now.

And I'm going to give you the outline.

That would be an alternative
should we have to spend the

next three months together?

You don't pay, you get caught up
everything that's been taught.

You you'll have a better
understanding of that.

And then we can go into the
June, July and August templates.

And all you have to do is like, if you
like that post, that has the, uh, the

outcome you want to see pro the, the
mentorship, you know, the majority wins.

Whoever has the most likes in that post,
or if there's more likes in one post or

the other, the one that has the most likes
that's the schedule I'm going to go with.

Okay.

So just be aware and that's it.

All right.

So, um,

Yeah, maybe I can do a
post, a, um, a survey.

What is it?

Um, a poll.

I think that if I'm not mistaken,
I think our forum permits a

poll, but I haven't done one yet.

So, uh, ask you a saying we do
have one, so, um, I'll get with

him in a private message in the
forum and I'll let him set that up.

And I'll, if it's not in the format at
one, then I'll let him know at the time of

its posting more, make that arrangement.

But it'll happen today because I want to
know where everyone's thoughts are and

I'll leave it up for, uh, for this week.

So I know some of you are not
going to be watching it today.

You'll be getting to
it later on this week.

So I'll leave out until this
coming Sunday and whatever the

final numbers are on Sunday.

That's what we'll go with that.

That's the direction we'll go.

Okay.

Right.

So I'm going to make this little
question box, go buy buys for right now.

It's that and focus on the chart.

Okay.

And all right, so we have a daily here.

Let's go out to a monthly and get
a fresh perspective on everything.

I need one myself personally.

All right.

So we are down into the last three
down closes on a monthly basis.

So we're inside of this series of will
be deemed as a complete bullish or block.

Um, when a little bit deeper into
it, touch the top of this candle

here, we have that level and we
have a spare value gap in here.

And I'm gonna show you again,
when we go on the daily,

no gap down in here, we have overlap
of this WIC on this body here.

So if this wick didn't happen to come
as low as it is here, that would be

reason to expect this market to go
lower because we have no gap in here.

The only draw on price would
be the cell stops below this.

Or below this low.

Okay.

And, or the means threshold of this
entire three down closed candle series.

So that would also put us around in here,
around the tops of these candles in here.

So I don't think that's there yet.

It could, but I don't think there's
evidence to support that yet.

So we don't have anything outside of the
order block here, which again, I don't see

that as a real strong level to look for
because we had this touch again, this open

on this candle in this month, they traded
down, get the body of the candle as well.

We already, we already traded there.

So if we trot we'll lower, I don't think
it's going to hit that to go higher.

I think it would make a one for
the cell stops below here and it

got run below here and then maybe
eat into some of this movement.

Again, I don't see that.

I think there's gonna be.

More likely to see a and attempt
around it, whether it continues to

make some new high that I don't know.

And we don't need to have that
on a multi-track to be finding an

opportunity that we had the w the
monthly's high at one or 3 81.

So we have that to work with.

And now we also have this
blessed up closed candle.

Okay.

So this month we've already
opened and traded up into it.

And so we're slightly off of that, but
we're going to go down into a weekly.

Now we have these two down closed
candles here, bull shorter block.

And we worked inside that.

We also had a little bit of a gap that
has been closed right in here from

this candles high, and this candles.

Right here that comes in at 99 point 22.

So buy-side, delivery's been
offered from this candle's high up.

It tried to come down
a little bit, not much.

So we close in all that
here so far for the week.

We're looking slightly positive.

Potentially could see a,
uh, uh, swing low form here.

Ideally, that would be great because
then we can make a run for the

rejection block above these candles.

It doesn't need to go above these wicks.

It can just come ramp above here and
that's enough to trade off of the daily.

Okay.

We have this down, close
this down, close this down.

Close.

This conquest.

It's all is a one order block
and it's high comes in at 98, 46.

That's why I have 98, 46 identified here.

I have this candle's high identified
at 9,000 big figure because we have a

small little fair value gap in here.

Only buys I delivery there.

So if we do drop down here and say,
we respect this last up close and

we can't climb any higher, we'll
probably want to see it go lower.

Just to go down to the 98 big figure.

I think then we'll get a buy there, but
right now it looks positive for upside.

Cause we've already cleared out this
Alsace below here, we hit a level

bullish or block we show responsiveness.

And the low actually comes
right to the PIP at 98, 46.

So we had some responses there.

I think that we'll probably want to make
a better attempt at closing in that gap.

And apart from that, we don't
have really much in way of a fair

bag up until we get up into here.

And that's enough, you know, to
come in and, and close in, but no

other gap because this low close.

It's overlap this down, WIC
here, then we rebalanced here.

So there's no real gap
until we get up into here.

So I'm not going to draw any analysis
on that, but just keep that in your

notes, that on your own charts to keep
mine clean, um, I'm just going to make

a mental note and audibly tell you
that this is the fair value gap on the

upside, and it's already been rebalanced
at this point here, but I think that

we're most likely wanting to see it
go into this gap a little bit more.

We've made an attempt to
clear out the cell stops here.

Logical bullet shorter block here
that began on this nice run up.

Uh, if it does drop again in this week,
we're gonna be watching that 9000 9800

big failure, otherwise looking for the
gap closure and maybe over a period of

time, I don't know how long it's going
to take, but we're looking for that gap.

That's been outlined here.

Euro, uh, we gapped up, um,
completely closed in the fairway.

You got the outline with this
candles, low candles high.

That's what I'm identifying here.

So this red level up to here that
all that is fair value and it's been

rebalanced and now we're coming off of it.

That'd be mindful of this
last down close candle here.

Um, they may want to punch
it one more time higher.

I don't see it there, but you
always have to be mindful of that.

So if we look at

that level here, we're going to
go out on top a higher timeframe.

See if there's any overlap with that.

So let's go out to a monthly

power this level here.

I

didn't quite get that gap in here closed.

So that is potentially one more that
could, if we do trade lower, that

could be one to watch for a 1 0 1 70.

Um, we did come up into these
last close candles right here to

that low comes in at one at 9 53.

So we dipped into that a little bit more.

Um, again, no gap in here.

No, no reason to want to come back
up here, not on a monthly basis.

So again, we've cleared out
the cell stocks below here.

We have an obvious gap that I think
personally needs to be rebalanced.

And we had the French elections,
um, complete this weekend and

I expected some kind of, um,
Volatility on the open this week.

Um, I don't know much about the
folks that are, you know, over there

being elected and who actually got
elected, but this, I do know, uh, the,

the headlines are stating that the
gentleman that won the French elections

are, is in support of keeping, um,
them the part of the European union.

So that should be, in my
opinion, it should be bullish.

Uh, that's the way I would interpret.

I wouldn't view it any other way.

Other than that, that we could
see price trade higher on Europe.

So we have that area up in here to
watch on a monthly basis, um, to

too tight of a range in here to work
with many of the normal PDA rays.

So when it's in a consolidation
like this, w we identify the lows

and highs, but we can see that
on a daily, on a weekly charts.

It it's not necessarily that we
draw that much of attention to it,

but we do want to identify where
the price may want to draw up on.

Uh, we had a low here and
attempt to go lower, rallied up.

It didn't break it.

Uh, a market structure high went
lower, cleared off the cell stops.

And now we're going to be watching to see
if this market wants to go above a swing

height on a monthly basis that swing high
would be here to the height that we would

have to move watching of of importance.

On my opinion is the one 13 big figure.

Okay.

So we're gonna look at one 13 big figure.

Well, Donald let down into weekly
chart and on the lows we can, we'll

be able to see that on the weekly,

we have

the one 13 big figure.

Right here.

So if we get above that, obviously there
ain't much of a range before we get here.

Old high here, say our value
gap right in here as well.

So where we're at, where we're in
equilibrium, the high and the low

we're right in the middle of that.

So if we do see bullishness on Euro and
say, the argument is made that we see

a continuation throughout the rest of
the year, that you're a wants to rally.

Okay.

Say, so say the dollar index does in fact,
weaken, this could be the, uh, November,

uh, goal where we could see price and
trade up into the one nineteens again,

between now and November, maybe going
into December, we have a lot of fair value

draw on price that could bring us up here.

We have the open gap here.

We have all of this gap in here.

And it can go up there just
to go lower, longer term.

It would be a, a real big reach
for a large funds to have stops

above these highs up here.

It, uh, August 23rd, 2015 highs.

If they come above that, they
would be able to take out a lot of

liquidity in the marketplace and
then reposition for much lower prices

and say the dollar strengthens.

And we do see what I think longer-term
is going to be parody on Euro and dollar.

It may be good news for a year over
a weekend because of, uh, the French

elections, but that's just one country.

I think ultimately the year is doomed.

But again, it's this my own sooth thing.

The, uh, daily, let me
ask you one more time.

Looking at this weekly.

Yeah, we cleared all the gap in here.

This candle is low.

On.

And what is that?

October 23rd, 2016.

Uh, we close in that gap on a down
candle here on November 6th, 2016.

And this candle's high
on December 4th, 2016.

She had fair value gap, only
how the delivery was offered.

We rebalanced that when, again,
up until the last close up closed

candle on October 30th, 2016.

So that's why we're pausing in here.

The daily to see we had that
fair value gap that we outlined.

The only one that has obvious appeal to
me is much like we saw with the dollar

index, that gap above us for fair value.

Um, this, to me, it needs to get
re it needs to get rebalanced.

I mean, there's just no way around it.

It needs to get rebalanced because
we're in between a big rejection

back here during the elections.

And we have the 2016 low, and then
we came up and rebalanced to here.

So notice we start like
a, like a brick wall.

We hit it, we opened up and then
quickly rejected all that away.

So I think personally that we're
going to make an attempt this week

or next to go down into this gap.

So work on these hard timeframes.

I'm usually pretty accurate.

So I think we're seeing evidences of
the beginning of this event unfolding.

Now, once we get down to this
gap, I admittedly have no idea

if we're going to continue with.

Orphan and use that as an
area to continue going higher.

I'll have to see price and what
every other market in the essay

class is doing at the time.

But right now, I think it's fair to
anticipate this gap here from a few

weeks ago, that closing in because
when now we have the election behind

us, um, that would, I think, has
all the impact it's already done.

It's it's in there.

It's already factored in the marketplace.

So now they opened it up and
they've stayed the gap opening

from Sunday for this week.

So I think if we lose this or block here,
the last down close candle on May 3rd,

2017, if we lose the main threshold in
that, we're definitely going down to

make an attempt to closing that gap.

And that may be a good scenario to
work with in and use some of the

tools that we've been teaching.

So I'll be looking for that.

This, uh, let's have it on a chart.

I'm just gonna use the
WIC lows in here for now.

And as we get closer, it, should
we start to break down, I'll adjust

and refine that to a greater detail.

But if you take it further, look
back, we have this over here as well.

So even though we get through
it, buy-side delivery has not

been offered all through here.

So that's really in essence, the
best form of the gap right here.

So we have this candles high 1 0 7
77 and this candles low 1 0 8 0 2.

So we have that area for it
to be rebalanced to price can

come down, hit that level, and
then essentially it's all done.

It doesn't need to go
down any lower than that.

So we're going to be
watching specifically.

This candle note your, uh, your gap's
probably gonna be looking a little

bit different because I'm certain
you're looking at your live feeds,

but look at April 20th, 2017, that
candle's high on a daily and you'll get

the, uh, the fair value gap closure.

That's the only parameter that
needs to be hit to do a fill in it.

Doesn't need to go down here and close
any kind of closes or anything like that.

Cable

to a monthly, um, much like the Euro.

I think that, uh, you know,
we're going to see the potential

for lower prices, longer term.

Um, and obviously there's more news
about Brexit later on this year,

but, uh, here's a scenario for you.

Say they take us up into here.

Okay.

Say we get some wild movement up into
here and they give a cell scenario.

I want a daily and we get
some kind of a, um, a sell-off

signal or, or a, a bear signal.

That would be the ideal scenario.

I want to sell it.

And here, I wouldn't want to sell this one
because I think it's underlying strength

is being built day by day with this.

And I think they're going to try
to send it up to that 1 35 big

figure, um, before, before the end
of the year, I think we'll see that.

So it's about 500 pips between
where we are now and that level.

So I would like to be able to
find an opportunity to get in

there and harvest some of that.

But that's the range I'm looking
for, but when we get to that

level here, I don't see this as
a reason to fill in any of that.

I think we're going to see this region.

1 35 fair value.

Fundamentally something
happened back here.

Okay.

And I don't even know what it was and
the seat on the chart that they were not

willing to see it go lower than that.

Now we passed through it.

Never even came back to it
again, we got close to it here.

Got close to it here.

But when we get back to that level
here, that's the first return.

So they'll be heavy sellers
at that 1 35 big figures.

I have that in your notes every
day as we get, as we get closer and

closer to 1 35 on a pound dollar,
should we start trading higher?

Are our attention really gonna be
focused on that big figure because

that's where your next position
trade is going to be and swing trade.

So had that noted on the weekly.

Okay.

You can see that 1 35, 10
level would have sense.

They also clear out equal
highs now on some wild news.

Okay.

Because you always have to allow
that because we can see some really

crazy action on this Brexit thing.

Uh, Brexit immediately, I've said this
in the past, it's new territory for

me, you know, this whole European union
and, um, you know, trying to break

away from it and all that business.

I've never been one to claim to understand
all of the ramifications about things like

that, because it's highly fundamental.

So, um, and again, fundamentals
could suggest one thing being

bullish, but now the opposite it's
being seen in the marketplace.

So that's why I don't
have a lot of faith in it.

I can trust the price.

Price will tell me immediately if
I'm right or wrong, a fundamentals

who knows if I'm right, you're wrong.

So, um, I don't know what the
Brexit stuff's going to do.

I'll get a lot of emails every week.

You know, what's going to happen
if this happens, if that happens.

I'll just answer it blanketly here.

I don't know.

I really don't know.

Um, I'm going to look at price action
to tell me what I think I should

be doing in terms of trading, but I
don't know what the outcome's going

to be in aim and don't even know what
the outcomes, uh, responsibility.

So I don't know.

So it's all a new
experience for me as well.

So again, at 1 35, 10 level, um,
that's a real nice level for a

swing and short on charged swing and
position trading potentially for short

and take out the equal lows here.

So we did have a small little
fair value gap, also existing,

right above us on the weekly.

We have it in here.

Sell-side delivery only offered
right in here so we could

potentially see one 30 twos.

Let's see what that lowers on here.

I want 32 42, so we could see it could
spike up in the 1 30, 2 50, but we

see a draw on price up into 1 32 for.

And the beginning of gap
would come in at 1 31 18.

So nice round number we 1 31 22.

There's your two levels look for
as an opposite upside objective for

cable and it's going down to a daily.

Okay.

So daily much like we'd
mentioned, there was a Euro,

uh, earlier on it's daily chart.

We have this last down
close candle in here.

Be mindful of that because it
could try one more time to send

it higher off of that alarm.

So we have that here.

So be careful about that.

We have the means I saw the watch for, uh,
we've already hit that essentially here.

This opening went down, means
threshold last down, close

candle, and then response.

So we're coming back down.

We're going to demand that it shows
responsiveness at the open of that

down closed candle or bullish or block.

So on enforce LTDs platform,
be mindful at 1 29 40 level.

It should show responsiveness
there on the outside.

If it doesn't, we're gonna start
rolling over and going lower.

And we have a really nice
liquidity Boyd in here.

Okay.

So let's identify that this could
come down and close, not entirely,

but we can close some of that.

Okay.

And leave a portion of it
open and install rally up.

So don't think it has to come down
and completely closed that in.

Don't think that at all,
but should we break down the

low, this down close candle?

I don't think we're going to
find support at this one, because

we've already seen it there.

Let me have that on your chart.

You can see why these order
blocks have already been, in my

opinion, already been consumed.

So we had an older block here down,
rallied through, came back, hit it

rallied away, traded through the
high of this down closed candle.

And now we're watching the open
on this channel right here.

Again, that's 1 29 40 reason why we're
not looking for support at re at the

mean threshold is because we've already
seen this candle open trade down into it.

Now there's somewhere you're
thinking, well, isn't the order block.

Only valid once we trade through it.

Yes, but we're also now looking at a
level that's already been worked on.

So if we see this ever, even
though we traded through it here

and validates this as an order
block, we already seen response

and off that means threshold there.

So I don't have any confidence.

Should we trade down
below the open on this?

That is enough for me to say, okay,
it's not a high probability candle,

the first return, or the first response
off of the level that we normally

see bullishness, or bearishness the
open, the high, the low respectively

to the Porsche bear supporter block.

Those are our two scenarios,
bullish or bearish.

In other words, on down close candles,
we're looking for the high or the open

to be the best scenario for a buy for
up-close candles or bear shorter blocks.

We're looking for the low or the
opening for the best sales scenarios

or best response to this where
resistance the last line in sand

or defense is that means threshold.

If we ever see a response of that
level, it's already been worked here.

And that's why we saw the movement here
that validates they would have locked.

Yeah.

So it only needs to come
back down and hit that.

So have that in your notes.

It's one of those August, uh, type things
that would've came out later on this year,

but as it's been shown in the chart, and
that's the reason why I would not ask.

Any respect of the mean threshold shows.

We lose the opening on
this down closed candle.

We're going lower.

So let's go to the Aussie
dollar Aussie dollar.

Had a really nice move.

Yes.

Uh, last week, hang on.

Let's go out for a monthly.

All right.

So this bad boy has been in
a monthly consolidation for

a while, a long, long while.

And I think that, uh, everyone
sees in a classic, uh, format.

They see an ascending triangle
and I'll draw this in here so you

guys can get them the gist of it.

Did you probably don't see those things
normally looking at price because

you're looking at order blocks and.

Things of that nature,

something to that effect.

Okay.

Um, so folks are going to be looking
to do all kinds of measurements and

all that business and draw it up here.

So point 88 65, the points point 88 to 70.

That's where classic
charters they're looking for.

I'm not suggesting that here,
but that's what they're seeing.

And what I look at is there's going
to be folks that have that trend

line idea, whether they see that
triangle or not, they're going to

have this going on on our monthly.

So, you know what they're expecting
when it gets down to here, okay,

they're gonna be looking for
it to go along and go higher.

Plus they've already formed a
potential continuation pattern for

upside, and we've had a nice run
below the cell stops here, but there's

been no real attempt to go higher.

Each high has been lower, lower, lower,
and now we had a real nice move, lower

how we trade inside this last down candle
right here is going to be important

because we've traded the way through
it and validated the order block.

But we're right now at the open
sitting, we had to open it that candle.

So that's 73 80.

So today or this, uh, this month
rather, um, we've had 73 68.

So we did trade down into
the opening on the weekly.

Cake, you see that order block
a little bit better in here.

So that order blocks open
comes in at 72, 90 17 90 hours.

It takes us right down to the real
close to that would be sup suppose, um,

trendline support, which I don't have
any faith in, but they may come down here

and give them a little bit of a bounce.

And then what I'll do is I would
look for a selling scenario

at this last up close candles.

Well, and that would come in at 74 73.

So if we get a little bit of a
movement here, watch that level as a

potential sell-off and then wipe out
as individuals they're looking for

continuation patterns, classic patterns,
and uptrending trend lines for that.

Um, my interpretation of
Aussie dollar is that we have.

A larger liquidity pool
resting below these lows here.

And I think personally that's where
the market's going to draw too.

Okay.

So that's where the money is.

Money is not on trend lines.

Money's not on triangles on
your charts, they're on levels.

And that are clearly noted.

If we had a response here, we
came down, we didn't get to it.

We had a nice response as well,
but we did not go lower and going

higher and we're going over lower.

So we may be unable to get back
up into this last, a closed

candle coming in at 74 73.

So it was 74 70 would be enough to
put a short on, uh, should we get

a little bit oven movement upwards
rather, and then make a run for the

liquidity resting below that 71 40
level here in that again, that's the

low at 71 45, 71 40 and 71 big figure.

I think it's a wearable liquidity risk.

Okay.

Uh, it would be interesting to see this.

It'd be nice to see it, come down,
wipe that out and then start to rally

then I think ultimately longer-term
because everybody else would be

spooked out of the market by then.

They wouldn't consider looking to go long.

But this I think is where we're
going to be looking to see price go

on a longer term for Aussie dollar.

And let's extend that out a little
bit more so we can see on our daily

chart when we go up to it or down to
it, respectively in deference to time

Crieff area.

So we have a daily fair, a fair
value filled in beautifully.

Very nicely done that.

Uh, had a nice response off of that.

And now we're seeing some weakness again.

So if we lose this low, the next logical
area is, I'll ask you before you,

before you see it from me, you see it.

This is for the folks that
are watching the recording

right there.

There's your fair bet you got below us.

So should we lose this low
price will go down to or could?

And I say that, well, I'll talk to
absolute, but the high is 72 41.

So we could see 72 45, 72
big, mid figure, 72 50.

And then we have the low on
this candle because this only

has been offered on buy-side.

Nothing has traded down the close
or rebalanced that upside movement.

So we're always looking for price
that rebalance inefficiency,

and we don't have that yet.

So it was good on what to do that if
they will reach down and try to do that.

And the lowness candle is 72 77.

So we see basically 70 to 75 to 70 to
40 there's your fair value get range.

So that's where price would
be reaching for, for the swing

trade to short-term basis.

Okay.

So if we lose this low, any rallies, you
can sell that and look for market the

ones to trade down to that level here.

Now, in this pattern here, we outlined
why price should come down to this,

this candle's high in closing this gap.

It did it.

Okay.

But look how long it had
to take to get there.

You know, we rallied up and traded softer
China, trade up one more time, trade a

softer, say that one more time and then
salt or all the way down and closing it.

So it took some time to get.

That's not typical either.

Usually it's like a real quick,
that's what makes the low resistance

liquidity runs what they are.

Once they identify where the
liquidity is, they go for it.

And they've been building and
building and building and building.

That's why I think that this is
more likely because I'm looking

at what they've done here.

They built in a ratchet, rather
large, uh, sells, sell position.

They really sold off a lot.

They built in positions here, here, here.

Now they quickly ran away.

So not going to want to give people
a chance to get off the hook here.

So anyone that's holding onto this as a,
as a long, they're going to be punished.

And they're ultimately going to
want to take price down to here.

So that's a good way, you know, from
where we're at now, not in terrible

man, I'm a money in terms of pips,
but if you're a relationship can

kill you, but I think that's what
we're going to most likely reach for.

Now.

I don't see us going much.

Beyond the fair value gap initially,
I think eventually we'll have to rally

again before we make the run below, below
the eyeline and go on that weekly chart.

So we would have to look
for now watch fair value.

Got that.

We just closed in.

What do you think that's going to act as
later on potential resistance so we could

trade lower, come down, closing this gap
and tray great back up into that gap.

So remember where I taught you that
market trade from breaker to breaker

or, um, like turtle soup, hi, to a
turtle soup, blow those conditions.

You can frame the market in.

Well, you can see that same phenomenon
happening in the fair value gaps.

One fair bet.

You get to the other looking study price
and you'll see these things happen.

You're going to, by the end of this
mentorship, you can understand that

whatever framework the market's
working in, if they're reacting

off of a, uh, a stop run that makes
the high that's generally going

to see a low form with a stock.

On a cell stops words, buy
stocks, get taken the market tops.

It trades lower.

How long does it keep going down until
it runs a measure of opposing cell stops?

If the move it originates from
a fair value gap, it's going to

close that position or that swing
off usually with a fair value gap.

Not always, but that's usually what
I look for that type of scenario.

If we see a breaker caused to move,
okay, from a, say a bear Spreaker,

we're looking to seed market sell off.

I'm going to look for that move
to continuously go lower until we

see an opposing bullish breaker
that encapsulates that move.

And then I'm pretty much confident
that the move is over then.

Now it does not give you the
highest high and lowest level when.

Doesn't do it, but you can see
it with turtle soup ideas where

we see by stops taken rated,
and then the market goes lower.

That's why we use that pattern,
but it takes a lot of conviction

to trade that pattern.

I like it.

Cause I don't have a problem
standing in front of a price.

It can be running up and I'll
it right into that or going

low now by right into that.

But it takes a lot of confidence
and practicing and doing it.

But in between those two scenarios, turtle
soup highs, and the trophy blows the

criteria is breakers and fair value gaps.

So you can see how the markets
move from one to another.

And that's real support resistance.

It's not like classical.

I'm going to draw a line here and
it's, it should do this or that.

We're seeing what price does it
draws him to these levels close in

those voids, rebalance this price.

And then once we've done this now
think about what has happened.

Conceptually, if we lose this low here on.

And we go below this fair
value gap, convincingly lower.

This is a completely
rebalanced area in price.

So it acts like that range.

Um, um, well-balanced range where
we've seen price back and forth,

offered on the buy and sell side.

So there's no reason for
the trade above that gap.

Should it go higher?

Because it's been rebalanced once
we, once we came down here, it's

done, we offered buy-side here
and we offered sell side now here.

So if we go lower and it trades
back up into that range, that

define that fair value gap.

Let me draw it out so you can see it
graphically inhabiting the charts as well.

If we have price trade, lower income
back up just to the bottom, it

doesn't need to go up to the middle.

It doesn't have to go all the way up here.

It can just go to the bottom of the gap.

Okay.

That would be an area for selling
and look forward to trade down into.

This fair value gap.

And that in itself is a setup
that I like to work with.

You'll see it a lot in price.

It's just, it's there.

Also, when you look at market maker,
sell profiles and buy profiles, you'll

see that this actual setup is there a
lot and you work between one fair guy.

You get to the next, depending on what
timeframe you're looking at, the Fairview

you get that would be seen here could be
a liquidity void on another timeframe.

It's again, it's the same premise.

You're looking for a rebalancing price
only been offered on the buy side.

We're always looking for it to be
balanced with sell side or down

close or down movement through it.

Okay.

So we've only seen a buy-side
delivery here on price.

We'll be looking for price to be
Beyonce and go lower down here.

And lastly, we're gonna
look at, uh, all the CAD.

You can listen to me a dollar.

Okay.

On a monthly basis, we came up,
filled in our sell side delivery here.

I think, I think now we might not
have gotten all the way up to it.

And I see the low is the open and starting
at 14 at the lowest 1 38 11, the high

comes in here just, just fell short of it.

So we might still get it.

But we're looking for price that
rebalance all this sell side delivery.

Can we have, again, that is at 1 30, 8 11.

So we looking for that, um, we
did have a little bit of response

near the mean threshold this
down closed candle right here.

And yes, I know again, same scenario.

Um, you know, we passed away
for here, but look, we've had.

This has been validated in
classic terms with this candle.

So on a monthly basis, this bullish or
block, we've already seen a willingness to

the rally read around that mean threshold.

So it should this candles open
on a monthly basis at 1 34, 23.

If we lose 1 74, 23, we got someone,
no problems for this option.

Okay.

And they're probably going
to want to reach for cell

stops below the marketplace.

And that's going to be a significant
one because you have people drawing

trend lines here, and they're going
to want to take it back down here.

And if it does that, then we
have this gap to work with.

And again, I don't see that yet, but
nonetheless, um, everything still looks

bullish for this payer until we get
up to that 1 38, 10 to 1 30, 15 level.

If we see expansion through that, the
willingness to dry through, then we're

gonna be looking over here for the fair
bag gap that exists right over there.

So let's draw that in and
a little bit longer term.

I'm confident that that's probably
what we're going to look to see.

Get traded up into, and let me
give you some lipstick on here.

As you can see what
those levels look like.

Approximate 1 49 fifties, and

1 51 eighties, I think is a fair number.

Should we, uh, trade through
these bodies of these candles?

I don't think the wits going
to be that much of a resistance

factor and it's like a void.

Um, we'll probably see
longer term dollar cat.

Want to trade up into that level
of the Canadian dollar as a whole,

with a futures coming check.

I was looking at it really
doesn't look strong at all.

It could really be trading a
lot lower, longer term, and I

think this is even conservative.

So we'll see what we see
in terms of price actually.

But right now we're watching
potentially for it to complete

that the delivery of buy-side.

Because all the sell side has been offered
already on drop down into weekly gain.

You can see how that lines up
with weekly or a block as well.

I mean, just that up,
close up, close up close.

The last three I've closed candles.

The low is exactly what
we outlined on the weekly.

So we're seeing potentially
a continuation on the upside.

So we were looking for a
fair value gap last week.

Um, it got filled in, so we're
looking for the close here.

1 45 80.

I think that's a fair target.

Also short term.

So between now and not this Friday,
next Friday, that could be a scenario

that unfolds, uh, should we see
upside as well for this currency pair?

And yes, it's a pretty significant
move, but once everything starts moving

in, this pair can really get excited.

It's usually a very low
volatility, uh, pair.

Once they get this thing repin,
it, they're not going to get much

of an opportunity to get on board.

So be mindful that we're not have
to consider something at this level

or just below or just above it.

And can't be much more beyond that
because once they start going,

the range is going to be quick.

They're gonna be large.

And we probably won't get any
opportunity to do anything with it.

Apart from that.

Um, now if we fail, say we trade up to
that level here at 1 38, 10, 1 38, 15,

and we fail and start to trade lower.

That may be very problematic
for this, uh, pair.

And that means that everybody's
expectations of it going higher.

Okay.

Will be wrong.

And there'll be wanting to go lower
and they'll want to make an aggressive

move for sell side liquidity.

And that would be the initially
here, people are that low at.

January 29th, low on dollar CAD.

So that's where your self I liquidity
is resting on a longer-term basis.

Funds are below they're a little bit
more aggressive and weaker bowls.

There's sell.

Stocks are going to be resting below
the low formed on April 9th, 2017.

Okay.

Daily, uh, we rebalanced this morning,
uh, the range in here, the majority of it,

uh, didn't quite get all that to the body
that would have rather seen that happen.

But look at how much of a lack
of gap we had this high here.

Price came all the way down
and closed that in rallied.

So we have really an absence
of any fair value gap close to

us until we get down to here.

It's a very small one,
this low formed on a.

The 24th of April, that
low we're along lit candle.

And in the high formed on
April 18th candle, very, very

small little area in here.

So that might not be
enough to draw a price.

So if it's going down here, it's going to
come down for the, the cell stops here,

which will also close in a fair value.

Get that remains from this big candle,
outline that for you can call it

in your car to have our fairway.

You got really essentially there.

Yeah.

This candle here is
high buy-side delivery.

South side delivery stopped right
there on this candle on the 13th of

April leaving that exposed area of
only by side inefficiently delivered,

no sell sides then offered since then.

So should we break down
and I'll say it like this.

If we go down below the 30th of April's
candle below 36, 36, if we lose 36.

Um, we're probably gonna make a,
uh, an attempt to trade lower.

And we also have a small little tiny,
fair you got isn't in my opinion,

as significant as the one down here,
because if they come down here and

try to close in this little area

here, they're not going to stop here.

You might get a little bit of a dead cat
bounce and then ultimately run down here.

But we're still focusing primarily
for an attempt to get through here.

This looks like, okay, I'm
tired, I'm tired, I'm tired.

And we sold off.

We fell short by seven pips
from last week subjective.

So real close in terms of what we
were looking to see happen, that

1 38 big figure didn't hit, but
we still could see it this week.

So be mindful of that.

And that's what I'm looking at right now.

That's what a fresh perspective.

These are the outline.

Uh, for the pairs, I'm following what I
be anticipating in a hard timeframe basis,

not looking at the lower timeframes.

So we'll be watching, uh, Tuesday's
price action and how we close today

to see what side of the marketplace
we're going to be reaching for.

And if there's something to do,
we will certainly outline that.

If there isn't, I'll be honest
and tell you that there's probably

nothing to work with right now,
and we'll have to accept that.

So, um, you have three lessons
coming to you this week.

So check your outline for may content.

You'll know what they are,
and I'm going to escape here.

Wish you all a very pleasant
afternoon and remind you, appreciate

everything you've done in terms of,
uh, allowing me the time to take

care of it, how to take care of it.

Family-wise and I'll give you a recap
later on today with more insights and

I'll have that, uh, post to put up
sometime this evening, before five.

O'clock my time.

So you guys can vote on what you want
to do with, uh, with the remainder

of that mentorship, if you want
additional time without having to pay

for it, I'm willing to do that for you.

Um, but if you want to keep the schedule
as it is, you know, and you'll also

have that option as well to vote for.

And I think that's fair.

So I want to be, uh, democratic
about it said the majority

rule is what we'll go with.

And until I talk to you later on
this afternoon to the trading,