All language subtitles for Orderflows Inner Circle Weekly Webinar #41 POC Migration

af Afrikaans
sq Albanian
am Amharic
ar Arabic
hy Armenian
az Azerbaijani
eu Basque
be Belarusian
bn Bengali
bs Bosnian
bg Bulgarian
ca Catalan
ceb Cebuano
ny Chichewa
zh-CN Chinese (Simplified)
zh-TW Chinese (Traditional)
co Corsican
hr Croatian
cs Czech
da Danish
nl Dutch
en English
eo Esperanto
et Estonian
tl Filipino
fi Finnish
fr French
fy Frisian
gl Galician
ka Georgian
de German
el Greek
gu Gujarati
ht Haitian Creole
ha Hausa
haw Hawaiian
iw Hebrew
hi Hindi
hmn Hmong
hu Hungarian
is Icelandic
ig Igbo
id Indonesian
ga Irish
it Italian
ja Japanese
jw Javanese
kn Kannada
kk Kazakh
km Khmer
ko Korean
ku Kurdish (Kurmanji)
ky Kyrgyz
lo Lao
la Latin
lv Latvian
lt Lithuanian
lb Luxembourgish
mk Macedonian
mg Malagasy
ms Malay
ml Malayalam
mt Maltese
mi Maori
mr Marathi
mn Mongolian
my Myanmar (Burmese)
ne Nepali
no Norwegian
ps Pashto
fa Persian Download
pl Polish
pt Portuguese
pa Punjabi
ro Romanian
ru Russian
sm Samoan
gd Scots Gaelic
sr Serbian
st Sesotho
sn Shona
sd Sindhi
si Sinhala
sk Slovak
sl Slovenian
so Somali
es Spanish
su Sundanese
sw Swahili
sv Swedish
tg Tajik
ta Tamil
te Telugu
th Thai
tr Turkish
uk Ukrainian
ur Urdu
uz Uzbek
vi Vietnamese
cy Welsh
xh Xhosa
yi Yiddish
yo Yoruba
zu Zulu
or Odia (Oriya)
rw Kinyarwanda
tk Turkmen
tt Tatar
ug Uyghur
Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:00,000 --> 00:00:05,190 Hey everyone, it's Mike Wal, and welcome to the Outflows Inner Circle Weekly webinar number 41. 2 00:00:05,670 --> 00:00:08,910 This, uh, presentation will be on POC migration. 3 00:00:09,210 --> 00:00:10,590 And what is POC migration? 4 00:00:10,590 --> 00:00:13,560 Well, it's POC movements during the day now. 5 00:00:14,834 --> 00:00:17,625 Again, it's point of control, right? 6 00:00:17,625 --> 00:00:20,025 There's, there are different types of point of control, okay? 7 00:00:20,115 --> 00:00:25,485 And there's point of control in a bar, which is the point in the bar with the most volume. 8 00:00:25,490 --> 00:00:29,805 There's point of control for the day on the volume profile, which is. 9 00:00:30,465 --> 00:00:32,775 The point of the day with the most volume. 10 00:00:33,045 --> 00:00:34,755 Now, why is that important? 11 00:00:34,755 --> 00:00:43,695 Well, you know, point of control, I always said, you know, point of control is one of the building blocks, you know, one of the foundation blocks of order flow. 12 00:00:43,965 --> 00:00:52,660 And by understanding, Point of control where it appears, how it, you know, how it sort of moves up or moves down as, as the day progresses. 13 00:00:52,890 --> 00:00:56,250 You know, we'll help you, uh, you know, we'll help you as, as a trader. 14 00:00:56,250 --> 00:01:02,970 So, POC migration, point of control, migration, I think is, is a way to help determine if a trend is starting and continuing. 15 00:01:03,120 --> 00:01:04,830 You know, everyone always says the trend is your friend. 16 00:01:04,830 --> 00:01:09,150 So any way that you can determine a trend is underway is gonna be beneficial. 17 00:01:10,634 --> 00:01:14,625 So, you know, really quick, you know, point of control, migration. 18 00:01:14,625 --> 00:01:15,795 What does it look like? 19 00:01:15,854 --> 00:01:21,765 Okay, now, I, I did a presentation a while back on POC framing, right? 20 00:01:21,765 --> 00:01:30,405 You're looking for, you know, three lower point of controls and bars moving down, you know, off a high or, or three higher point of controls on, on a market moving. 21 00:01:33,524 --> 00:01:36,435 And you know, here you have, here's a high right? 22 00:01:36,435 --> 00:01:37,455 And you got red bar. 23 00:01:37,455 --> 00:01:38,445 Red bar, red bar. 24 00:01:38,955 --> 00:01:39,615 Point of control. 25 00:01:39,615 --> 00:01:40,335 Lower point of control. 26 00:01:40,335 --> 00:01:41,505 Lower point of control, right? 27 00:01:41,865 --> 00:01:48,285 You wanna know, right, if a market is starting to move and you know there's gonna be signs, you know, with the point of control. 28 00:01:48,865 --> 00:01:57,085 Um, that I, I shall reveal to you today that, you know, is gonna help you determine, you know, if a trend is, is really happening or not. 29 00:01:57,085 --> 00:02:01,735 You know, there's gonna be times where you get sideways action like you have here in the middle of this chart, but, you know, 30 00:02:01,735 --> 00:02:04,585 you wanna have da you, you know, when you get in trade, right? 31 00:02:04,585 --> 00:02:09,505 You want it to move, you want it to move fast, and you want it to move in the direction that you're positioned in. 32 00:02:09,954 --> 00:02:13,015 So, using POC I think was gonna help you. 33 00:02:13,015 --> 00:02:16,915 So you know the old question. 34 00:02:18,315 --> 00:02:19,425 Uh, which came first? 35 00:02:19,425 --> 00:02:22,365 The chicken or the egg, you know, you could apply it to, uh, trading. 36 00:02:22,365 --> 00:02:24,225 Which came, what moves the markets first? 37 00:02:24,225 --> 00:02:25,185 Volume or price? 38 00:02:25,455 --> 00:02:26,715 Well, it's volume, right? 39 00:02:26,805 --> 00:02:27,465 Price. 40 00:02:28,605 --> 00:02:29,145 Price. 41 00:02:29,235 --> 00:02:33,285 I don't say lags, but you know, price is an advertising mechanism, right? 42 00:02:33,285 --> 00:02:35,445 That's what gets people to come in and trade. 43 00:02:35,805 --> 00:02:39,135 But you know, as more trading is happening, that's what's gonna move the market. 44 00:02:39,705 --> 00:02:43,155 It's not gonna necessarily move because, you know, if people. 45 00:02:44,925 --> 00:02:46,185 You know, think price is low. 46 00:02:46,245 --> 00:02:48,855 I mean, yeah, people could think price is low, but they gotta buy it, right? 47 00:02:48,855 --> 00:02:52,125 They gotta come in with volume there to buy and move the market. 48 00:02:52,125 --> 00:02:56,805 So as volume migrates higher or lower, price will follow. 49 00:02:57,165 --> 00:03:04,555 And, but when I'm talking about price, really what I'm talking about is, um, you know, how the market is, is moving, right? 50 00:03:04,815 --> 00:03:07,545 I'm not saying one particular price, I'm thinking about the. 51 00:03:08,790 --> 00:03:10,530 Um, price range in general. 52 00:03:10,890 --> 00:03:14,700 So, again, you know, I did a, I did presentation a while back on P framing. 53 00:03:14,700 --> 00:03:16,200 If you haven't watched that, you should watch that. 54 00:03:16,230 --> 00:03:19,799 Um, as well, I think it'll help you with POC migration. 55 00:03:20,100 --> 00:03:29,010 It, it's kind of similar, but really what you need to watch with, uh, PLC migration and PLC framing is, uh, you gotta watch bar point of. 56 00:03:29,865 --> 00:03:36,915 And also keep your eye on volume point of control whenever the markets are making new highs or making new lows. 57 00:03:36,975 --> 00:03:40,875 So keep your eye on, on bar point of control and volume point of control. 58 00:03:42,105 --> 00:03:43,484 So, you know, it's often been said, right? 59 00:03:43,484 --> 00:03:46,755 Markets move from value area to value area. 60 00:03:47,085 --> 00:03:47,865 And why is that? 61 00:03:47,865 --> 00:03:50,055 Well, markets exist to facilitate trade. 62 00:03:50,055 --> 00:03:58,725 They exist to, you know, for people to transfer their risk, you know, to hedge their risk and. 63 00:03:59,885 --> 00:04:06,015 In simple terms, what that means is the market moves seeking a fair price, where traders are happy to transact at each with each other. 64 00:04:06,015 --> 00:04:10,665 So, you know, today the market could be trading, you know, $50 and. 65 00:04:11,204 --> 00:04:15,075 You know, everyone's happy to trade at these prices, you know, both buyers and sellers. 66 00:04:15,255 --> 00:04:16,454 It's a fair price to both of them. 67 00:04:16,454 --> 00:04:20,534 Well, you know, they close their books for the day, go home, eat dinner. 68 00:04:20,540 --> 00:04:27,435 All of a sudden something happens somewhere overseas and it changes the whole supply demand, um, paradigm. 69 00:04:27,765 --> 00:04:29,415 And they come in the next day. 70 00:04:29,415 --> 00:04:31,575 Everyone's got a different idea of where value is. 71 00:04:31,575 --> 00:04:32,625 So the market's gonna move. 72 00:04:32,625 --> 00:04:33,225 It's gonna find a. 73 00:04:33,730 --> 00:04:36,640 Value area, a new fair price for people to trade. 74 00:04:37,120 --> 00:04:47,590 You know, everyone wants a deal and tries to buy below value or sell above value, but you know, the traders that have the size to move, sorry, let me rephrase that. 75 00:04:48,160 --> 00:04:53,260 The traders that have size to move need to trade it where there are gonna be other traders, right? 76 00:04:53,260 --> 00:04:55,960 So sometimes, you know, people are willing to give up an edge. 77 00:04:56,565 --> 00:05:03,195 You know, as strange as it sounds, you know, and people say that's blasphemy, but you know what, there are traders out there. 78 00:05:03,195 --> 00:05:03,974 They don't give a shit. 79 00:05:04,065 --> 00:05:13,664 You know, if they need to move the size, they're willing to, to pay up, to move the size or, or sell at a lower price to move the size, get it off their books. 80 00:05:14,655 --> 00:05:18,854 But, you know, everyone always says, oh, you know, you gotta buy at, uh, below value, or sell above value. 81 00:05:18,854 --> 00:05:24,435 No, there are people, there are traders and big traders too, that, you know, they, they will. 82 00:05:25,920 --> 00:05:32,640 They will sell below value or you know, they will buy above value just because they have to. 83 00:05:32,640 --> 00:05:33,390 They have no other choice. 84 00:05:33,510 --> 00:05:35,370 Their size is so big they have to do it. 85 00:05:36,960 --> 00:05:38,430 Now, size attracts size, right? 86 00:05:38,430 --> 00:05:40,860 Big commercials, you know, real money traders. 87 00:05:40,860 --> 00:05:44,040 They don't wanna move the market when they're getting into or out of a position. 88 00:05:44,045 --> 00:05:45,900 However, you know, they're gonna end up. 89 00:05:46,380 --> 00:05:53,280 Move in the market, they end up moving the market sometimes to new value areas just because, you know, their positions are, are so big 90 00:05:53,550 --> 00:05:57,960 and you know these days, right, the markets are very, very liquid now. 91 00:06:01,409 --> 00:06:04,260 Um, you know, nowadays, excuse me, I still got this cough. 92 00:06:04,830 --> 00:06:08,880 I'm a little bit behind on these videos, but I, I've caught 'em all lined up, ready to record. 93 00:06:08,880 --> 00:06:13,530 It's just like, I just can't talk sometimes because my, my voice is, my throat is killing me. 94 00:06:14,010 --> 00:06:15,030 I had this terrible virus. 95 00:06:15,030 --> 00:06:27,660 But anyway, um, Give you an idea, right, of, you know, how, how sometimes big traders trade, you know, nowadays, you know, you got a lot of activity in the markets, right? 96 00:06:27,660 --> 00:06:30,180 A lot more volume than you had back in the nineties, right? 97 00:06:30,540 --> 00:06:35,220 And I, I mean, I remember back in the nineties putting on positions for. 98 00:06:35,640 --> 00:06:38,820 Big hedge funds that, you know, you couldn't do it in a day. 99 00:06:39,120 --> 00:06:48,510 Sometimes it would take, you know, several days to put on positions in, you know, commodity markets such as, you know, cocoa or, um, sugar. 100 00:06:48,990 --> 00:06:56,010 Um, you know, they're not gonna come in and buy, you know, how many thousands of contracts they need to buy or sell in one day. 101 00:06:56,010 --> 00:06:56,460 They can't. 102 00:06:56,610 --> 00:06:57,780 They're gonna affect the market. 103 00:06:57,780 --> 00:06:58,920 They're gonna move it too much. 104 00:06:59,310 --> 00:07:00,570 So, you know, we'd be buy. 105 00:07:01,965 --> 00:07:04,545 Sugar, London sugar for three days straight. 106 00:07:04,875 --> 00:07:06,255 You know, just sort of piecing it in. 107 00:07:06,255 --> 00:07:08,505 Piecing it in, you know, trying not to spook the markets. 108 00:07:08,985 --> 00:07:17,355 Um, you know, size attracts size, so unless there's a big offer in there, you know, and you got, you know, but if you're a big trader and you got a lot to buy, you're 109 00:07:17,355 --> 00:07:22,065 gonna, you're gonna try and piece it in as, as quietly and discreetly as possible. 110 00:07:22,455 --> 00:07:26,475 Um, you know, now that information, it does show up, you know, where does it show up? 111 00:07:26,475 --> 00:07:27,705 It shows up in the order flow. 112 00:07:29,295 --> 00:07:34,724 And you know, if you've ever wonder why point of control access a port of resistance, because that's where the real mon 113 00:07:34,844 --> 00:07:38,565 money traders and commercial traders are active in the market. 114 00:07:38,565 --> 00:07:40,784 You know, they have a level they wanna buy at, right? 115 00:07:40,784 --> 00:07:42,105 They have a level they wanna sell at. 116 00:07:42,105 --> 00:07:43,784 They don't necessarily chase the market, right? 117 00:07:43,790 --> 00:07:47,025 It's not like, okay, well I'm gonna buy, you know, 500. 118 00:07:47,025 --> 00:07:47,625 Where's the market? 119 00:07:47,625 --> 00:07:48,284 It's six, seven. 120 00:07:48,284 --> 00:07:49,275 Okay, I'll pay seven. 121 00:07:49,844 --> 00:07:50,715 For 500. 122 00:07:50,924 --> 00:07:51,465 Okay. 123 00:07:51,945 --> 00:07:54,645 And then, okay, you got 300 done? 124 00:07:55,094 --> 00:07:55,245 Yeah. 125 00:07:55,245 --> 00:07:56,205 You got 200 to go. 126 00:07:56,205 --> 00:07:56,385 Okay. 127 00:07:56,385 --> 00:07:57,104 Where, where are we now? 128 00:07:57,104 --> 00:07:57,825 We're trading nine. 129 00:07:57,854 --> 00:07:58,065 Okay. 130 00:07:58,065 --> 00:07:58,544 Go up to nine. 131 00:07:58,544 --> 00:07:59,294 No, they don't do that. 132 00:07:59,294 --> 00:08:00,435 They just said, okay, that's fine. 133 00:08:00,585 --> 00:08:02,715 Just stay there, you know, let the market breathe. 134 00:08:02,715 --> 00:08:03,315 Come back. 135 00:08:03,900 --> 00:08:05,100 To that level, right? 136 00:08:05,100 --> 00:08:07,050 Because they're still busy, they're still happy to buy there. 137 00:08:07,050 --> 00:08:09,120 That's why the markets come back to certain levels. 138 00:08:09,120 --> 00:08:14,070 In case you've ever wondered and scratched your head, why does, you know, looking at a chart, you know, if you look at a normal 139 00:08:14,070 --> 00:08:17,850 bar chart, you, you just scratch your head thinking, um, go ahead. 140 00:08:17,855 --> 00:08:21,100 I, I wish I can understand why a market would pull back to this level. 141 00:08:21,600 --> 00:08:26,640 Well, that's, that's the reason why, you know, because big traders, you know, they don't necessarily chase the market, right? 142 00:08:26,640 --> 00:08:29,160 They just work a bid or work an offer. 143 00:08:29,760 --> 00:08:32,850 They get what they can done there, then, you know, let the market breathe. 144 00:08:32,850 --> 00:08:37,919 If it comes back, you know, they're still there, you know, and if, if the market closes, then they're not done, then, 145 00:08:37,919 --> 00:08:39,929 you know, tomorrow they come in, okay, where are we now? 146 00:08:39,929 --> 00:08:40,709 Let's take a look. 147 00:08:40,740 --> 00:08:41,429 Let's price it up. 148 00:08:41,909 --> 00:08:42,809 That's how they trade. 149 00:08:43,439 --> 00:08:44,910 It's not like they said, oh, I gotta get it done. 150 00:08:45,030 --> 00:08:45,630 No, they don't. 151 00:08:45,635 --> 00:08:51,600 You know, these guys, you know, farmers, you know, shit, man, you know, they plant stuff in the ground and they wait for six months for it to grow. 152 00:08:52,020 --> 00:08:56,115 You know, they're not going to get, you know, hyper over a couple ticks here and there. 153 00:08:56,339 --> 00:09:04,875 They're not, you know, So once the, once the market starts moving away from, A value area, other traders are drawn into the market, right? 154 00:09:05,175 --> 00:09:09,105 Once you start moving away from your value, you know, people start paying attention. 155 00:09:09,105 --> 00:09:10,935 Say, Hey, maybe we're moving away from value. 156 00:09:11,235 --> 00:09:17,745 And, you know, as, as prices start, um, rising or falling, you know, traders start to come out and, you know, change their opinion, 157 00:09:17,750 --> 00:09:21,855 form an opinion, and, you know, go with the, the flow of the trade. 158 00:09:22,315 --> 00:09:25,675 So, you know, then more volume goes through and a new value area is formed. 159 00:09:25,945 --> 00:09:34,345 Right now when the market pulls back to a previous value area, for example, bar point of control, you know, it was the area where the real money was a willing buyer. 160 00:09:34,345 --> 00:09:37,195 And generally they are still bidding, right? 161 00:09:37,200 --> 00:09:39,565 If, if it's, if it was the market moving up, right? 162 00:09:39,565 --> 00:09:44,455 If they're a big buyer at a certain level and the market comes back there, they're probably still there. 163 00:09:44,575 --> 00:09:49,075 You know, there's a good chance they're there, watch out if they're not there, you know, so that's gonna be your support. 164 00:09:51,075 --> 00:09:52,005 So big traders, right? 165 00:09:52,005 --> 00:09:52,725 Big traders. 166 00:09:52,815 --> 00:09:54,495 You gotta think like a big trader, you know? 167 00:09:54,495 --> 00:09:58,605 And small traders don't understand how big traders think because they've never been in that position. 168 00:09:58,965 --> 00:10:07,845 Um, it's completely different mindset, um, trading size than, you know, being a small trader, everyone always thinks, well, I could just scale 169 00:10:07,845 --> 00:10:11,755 up and scale up, you know, as you get bigger, honestly, you, you, you. 170 00:10:12,510 --> 00:10:14,190 Looking at the market a little bit different. 171 00:10:14,520 --> 00:10:15,980 Um, it's, it's overlooked. 172 00:10:16,080 --> 00:10:19,890 You know, small traders panic once to start, market starts to move. 173 00:10:20,370 --> 00:10:24,820 Um, you know, basically, right? 174 00:10:24,820 --> 00:10:26,010 If, if you're a small trader, right? 175 00:10:26,015 --> 00:10:33,570 And you're, you're putting on a position and you, you're going up to your limits, basically, you know, you, you start to get nose bleeds where you're a big trader. 176 00:10:35,130 --> 00:10:43,470 You got so much money behind you, you know, in your pockets that you know, a little bit of fluctuation is, isn't going to necessarily scare you out of the market. 177 00:10:43,470 --> 00:10:50,189 You know, small traders panic once the market starts to move, which, you know, causes the market to, you know, to move even further. 178 00:10:51,960 --> 00:10:56,910 So, you know, big traders, you know, they're willing to take some heats, you know, that small traders can't. 179 00:10:56,910 --> 00:10:57,480 You know why? 180 00:10:57,480 --> 00:11:01,680 Because small traders are under capitalized relative to, to big traders. 181 00:11:02,160 --> 00:11:04,890 You know, I mean, I, I've seen guys, you know, put on positions. 182 00:11:06,930 --> 00:11:12,180 You know, for their firms and you know, they take so much heat, you know, I'll sit there and I'll be like, wow, man. 183 00:11:12,180 --> 00:11:13,440 I'll be like amazed, you know? 184 00:11:13,530 --> 00:11:17,040 Wow, your company lets you take on that much, that much heat. 185 00:11:17,040 --> 00:11:20,460 But then, you know, they explain, you know, relative to their. 186 00:11:21,569 --> 00:11:30,839 Relative to their book and their positions, you know, they're able to do some accounting that, you know, it's not really a big a loss as it is, you know? 187 00:11:31,050 --> 00:11:35,640 Um, so anyway, think about, you know, have you ever broken down a trend? 188 00:11:35,880 --> 00:11:36,329 Right? 189 00:11:36,480 --> 00:11:38,459 You know, how, how market moves, right? 190 00:11:38,459 --> 00:11:40,099 Well, you have a value area, right? 191 00:11:40,099 --> 00:11:41,910 People are happy to trade around. 192 00:11:43,620 --> 00:11:45,840 At this value area, they're happy to trade with each other there. 193 00:11:45,840 --> 00:11:46,080 Right? 194 00:11:46,080 --> 00:11:46,710 Then what happens? 195 00:11:46,710 --> 00:11:47,790 Perception changes, right? 196 00:11:47,790 --> 00:11:50,250 Usually due to fundamentals, not technicals. 197 00:11:50,250 --> 00:11:55,050 It's not all of a sudden someone, everyone looks at a chart and says, oh, there's a clear head and shoulders formation. 198 00:11:55,140 --> 00:11:57,045 No, it, it fundamentals change. 199 00:11:57,510 --> 00:12:00,690 That's what causes the market to. 200 00:12:01,815 --> 00:12:04,275 You know, to sell off or to, to rally. 201 00:12:04,515 --> 00:12:08,505 It's not like, oh, you know, you've got this form. 202 00:12:08,505 --> 00:12:10,125 You got a cup handle formation. 203 00:12:10,305 --> 00:12:12,105 No, that's not what happens. 204 00:12:13,245 --> 00:12:18,585 What happens is big players start accumulating or distributing a position based on the fundamentals that changed, right? 205 00:12:18,795 --> 00:12:21,075 Then the technical traders indicators start going off. 206 00:12:21,195 --> 00:12:22,125 Then they join in. 207 00:12:22,575 --> 00:12:25,125 Then the retail traders jump in, so you know what is better. 208 00:12:25,125 --> 00:12:26,775 You know, fundamentals, technicals. 209 00:12:26,835 --> 00:12:28,185 Personally, I have fundamentals. 210 00:12:29,115 --> 00:12:33,705 Are are, I think, better, um, you know, than, than technicals. 211 00:12:34,005 --> 00:12:35,265 Whereas order flow fallen well. 212 00:12:35,265 --> 00:12:37,845 Order flow allows you to, to tell what's happening in the market. 213 00:12:37,845 --> 00:12:39,735 You know, you're not necessarily wedded to fundamentals. 214 00:12:39,740 --> 00:12:41,115 You're not wedded to technicals. 215 00:12:41,895 --> 00:12:45,885 You know, if there's something in the fundamentals that change order flow can pick it up. 216 00:12:46,215 --> 00:12:49,155 If something in the technicals change order flow can also pick it up. 217 00:12:50,625 --> 00:12:54,465 Retail tell traders are generally the, the last people getting into a move. 218 00:12:54,675 --> 00:12:56,895 So it's unfortunate, but that's just the fact of life. 219 00:12:58,814 --> 00:13:02,865 Okay, so anyway, let's get back to, uh, POC migration. 220 00:13:03,225 --> 00:13:07,155 Um, again, you know, just look at a chart, okay? 221 00:13:07,155 --> 00:13:08,714 Again, you know, keep eye on the prize. 222 00:13:08,720 --> 00:13:11,025 What you looking for are moves like this, okay? 223 00:13:11,625 --> 00:13:14,655 So what to look for basically at a high. 224 00:13:14,805 --> 00:13:14,985 Okay? 225 00:13:15,285 --> 00:13:18,225 Basically what I'm looking for at are at highs or at Lowe's. 226 00:13:18,255 --> 00:13:18,435 Okay? 227 00:13:18,435 --> 00:13:21,405 So at high, then you want a bar that closes lower. 228 00:13:21,405 --> 00:13:24,074 So you know what you want is, uh, the high. 229 00:13:24,870 --> 00:13:30,750 But the bar to be, you know, to, to reverse right, to turn red on you and close, lower than it opened. 230 00:13:30,840 --> 00:13:31,260 Okay? 231 00:13:33,090 --> 00:13:33,510 Next bar. 232 00:13:33,510 --> 00:13:36,840 You should have a lower point of control than the first bar. 233 00:13:36,840 --> 00:13:37,710 The bar with a high. 234 00:13:38,100 --> 00:13:40,410 And look for a pullback, right to the point of control. 235 00:13:40,410 --> 00:13:40,980 The first bar. 236 00:13:40,985 --> 00:13:41,610 Then the next bar. 237 00:13:41,610 --> 00:13:42,660 A lower point of control. 238 00:13:42,900 --> 00:13:45,510 For a low, it should be the opposite, right? 239 00:13:45,510 --> 00:13:49,800 You look for the green, cause you got your low look for the green bar, right? 240 00:13:49,800 --> 00:13:50,700 Like you have here. 241 00:13:50,760 --> 00:13:51,150 Okay? 242 00:13:52,020 --> 00:13:53,730 And then look for the second bar. 243 00:13:54,974 --> 00:13:57,525 You also want it to pull back to the point of control. 244 00:13:58,724 --> 00:14:00,854 This one's a red bar, but it should be green. 245 00:14:00,854 --> 00:14:02,685 It should still follow the same color, right? 246 00:14:02,685 --> 00:14:05,714 If it's red, red, you know, greener than red, no, it should be green. 247 00:14:05,714 --> 00:14:13,245 Green, just as it's here, it's, it's red, red, and then, you know, lower point of controls. 248 00:14:13,275 --> 00:14:19,785 Or in this case, you know, higher point of controls, but the key is pull back to the point of control here. 249 00:14:21,810 --> 00:14:22,590 Here. 250 00:14:23,040 --> 00:14:23,250 Okay. 251 00:14:23,250 --> 00:14:26,880 To me that's, that's very important in this POC migration setup. 252 00:14:27,870 --> 00:14:28,320 Okay. 253 00:14:28,770 --> 00:14:31,200 So, you know, we'll walk through a bunch of examples. 254 00:14:31,200 --> 00:14:32,820 So here you got it. 255 00:14:32,880 --> 00:14:33,180 Boom. 256 00:14:33,240 --> 00:14:34,560 You know, I, I probably should 257 00:14:39,850 --> 00:14:41,070 draw an arrow here. 258 00:14:47,310 --> 00:14:48,780 Make a little bit thicker. 259 00:14:56,505 --> 00:15:00,885 Okay, so you see how this point of it came right up to this point of control right here, right? 260 00:15:01,185 --> 00:15:03,795 So you got your point of control in this first bar, second bar. 261 00:15:05,324 --> 00:15:07,875 It's lower point of control, but you pull right back to this point of control. 262 00:15:07,905 --> 00:15:11,295 Now that you know is, is probably gonna start a trend lower. 263 00:15:16,425 --> 00:15:21,615 Okay, now here, same, similar thing, right? 264 00:15:21,615 --> 00:15:22,065 What did we do? 265 00:15:22,065 --> 00:15:26,145 We came right down to the point of control right here. 266 00:15:26,150 --> 00:15:27,735 Exactly that point of control 267 00:15:32,155 --> 00:15:32,645 here. 268 00:15:33,584 --> 00:15:37,814 Came right to this point of control, right to that point of control, right off the high. 269 00:15:37,844 --> 00:15:40,275 This one we didn't, right here. 270 00:15:40,275 --> 00:15:43,064 You got your high, you got a lower point of control, but you only came back up here. 271 00:15:43,334 --> 00:15:45,255 Here came right back to that point of control. 272 00:15:45,255 --> 00:15:50,354 So you had the sellers, or say, lack, you know, you got combination, right? 273 00:15:50,354 --> 00:15:53,685 You got the sellers, you got the lack of buyers coming through here 274 00:15:57,104 --> 00:15:57,675 again here. 275 00:16:02,010 --> 00:16:06,720 This one, you know, red bar point of control on the extreme, you know, which is negative already. 276 00:16:06,720 --> 00:16:08,490 So you should, you know, be paying attention. 277 00:16:08,490 --> 00:16:10,530 You know, maybe we could be moving a little bit lower here. 278 00:16:11,370 --> 00:16:14,550 The next bar obviously is not gonna come right up to that point of control. 279 00:16:14,550 --> 00:16:16,080 You'd have a double top, unfortunately. 280 00:16:16,085 --> 00:16:17,370 But, you know, we came up through it. 281 00:16:17,490 --> 00:16:25,050 Then you get another bar up here, red bar, um, come right to this point of control here and then, you know, then you continue selling. 282 00:16:33,390 --> 00:16:34,170 Okay, here you go. 283 00:16:34,170 --> 00:16:34,440 Boom. 284 00:16:34,440 --> 00:16:37,200 Another one higher point of control. 285 00:16:38,760 --> 00:16:40,530 Pull right back to that point of control. 286 00:16:41,340 --> 00:16:41,580 Okay. 287 00:16:41,580 --> 00:16:42,570 Here, did it work? 288 00:16:42,575 --> 00:16:43,770 Did it come back to this point of control? 289 00:16:43,770 --> 00:16:44,910 No, it got within a tick of it. 290 00:16:45,450 --> 00:16:47,790 You know, people will say, oh, tick, you know, maybe that's okay. 291 00:16:48,120 --> 00:16:50,820 No, you know, it needs to be exact. 292 00:16:51,405 --> 00:16:53,715 You know, you, it's a game of inches. 293 00:16:54,225 --> 00:16:56,505 You know, it's like football, game of inches, you know? 294 00:16:56,505 --> 00:17:00,465 Here you get the pullback right to that point of control 295 00:17:04,335 --> 00:17:08,685 again here, boom, right to the point of control. 296 00:17:09,885 --> 00:17:13,365 You know, on your way up, green, green, green, green, green, all higher point of controls. 297 00:17:13,365 --> 00:17:13,935 That's what you like. 298 00:17:13,935 --> 00:17:17,264 Now you're starting to make the move down lower point of controls. 299 00:17:17,385 --> 00:17:20,565 The key is right here, pull up right to that point of control. 300 00:17:23,609 --> 00:17:29,070 Okay, here, you know, you got your green, your up bar, then it comes right uh, down red. 301 00:17:30,120 --> 00:17:31,649 And then here it starts happening again. 302 00:17:31,649 --> 00:17:32,040 Boom. 303 00:17:32,129 --> 00:17:34,950 You know, what does it do? 304 00:17:34,950 --> 00:17:36,750 It trades right down to that point of control. 305 00:17:38,550 --> 00:17:40,050 You know, the higher point of controls. 306 00:17:40,169 --> 00:17:40,409 Boom. 307 00:17:46,635 --> 00:17:47,355 This one. 308 00:17:47,535 --> 00:17:55,725 You know, I, I didn't wanna put it in there, but again, I was showing you, you know, this is one way, it didn't come right down to that point of control. 309 00:17:55,725 --> 00:17:56,985 It was one tick above. 310 00:17:57,615 --> 00:18:02,925 Um, you know, but it eventually, it did work out, but it just went sideways on you for the most part here. 311 00:18:03,660 --> 00:18:03,990 Again. 312 00:18:03,990 --> 00:18:07,080 Yeah, I like it to just be straight rather than just sort of going sideways. 313 00:18:07,080 --> 00:18:12,330 Cuz at this point, you know, you, you're starting to just trend sideways and it could go either way. 314 00:18:12,360 --> 00:18:16,800 You know, at this point, in this case it did finally shoot up, but it could just easily have sold off. 315 00:18:25,780 --> 00:18:31,680 You know, I mean, like this, I'd have more confidence in it going sideways here than I would on on the previous. 316 00:18:32,970 --> 00:18:35,340 But again, you know, he came right up to that point of control. 317 00:18:37,890 --> 00:18:42,600 Hey, that's the same chart, that's the same one. 318 00:18:50,879 --> 00:18:52,170 There you go again. 319 00:18:52,200 --> 00:18:53,100 Right up to that thing. 320 00:18:53,100 --> 00:18:58,440 You know, again, you know, a lot of these charts look exactly alike wise because you know, this is how it happens. 321 00:18:58,470 --> 00:19:00,030 Why does it happen that way is because. 322 00:19:04,110 --> 00:19:06,120 You know, I, I just, why is this happenings? 323 00:19:06,120 --> 00:19:11,850 Because it happens, because, you know, you got buyers and sellers, you know, at certain levels, right? 324 00:19:19,410 --> 00:19:19,900 Yeah. 325 00:19:19,900 --> 00:19:20,220 Boom. 326 00:19:20,220 --> 00:19:20,540 Here. 327 00:19:23,340 --> 00:19:26,700 At this level, you know, you had the buyers here again, you got that support. 328 00:19:26,760 --> 00:19:30,240 You know people, you know, I feel like you know Jack and the Beans stock, right? 329 00:19:30,240 --> 00:19:33,600 If you've ever read, you know the story of Jack and the Bean stock, right? 330 00:19:33,600 --> 00:19:35,790 The guy's like, Hey Jack, I got these magic beans. 331 00:19:37,575 --> 00:19:45,555 You know, it'd be like, if someone were to say, Hey, you know, I got this magic beans that can help you, um, you know, tell where the support is for the next 332 00:19:45,555 --> 00:19:48,705 bar, based on the bar where we're at right now, what would that be worth to you? 333 00:19:48,705 --> 00:19:50,715 You know, of course that'd be worth something to you. 334 00:19:51,285 --> 00:19:54,495 And you know, it, it's, it's showing you there, it's the point of control. 335 00:19:57,795 --> 00:20:02,385 Again, this is a 10 range chart here, 10 Rangey mini chart here. 336 00:20:02,475 --> 00:20:04,665 I mean, it comes right up right there, you know. 337 00:20:05,520 --> 00:20:05,850 Boom. 338 00:20:05,850 --> 00:20:08,940 And these are, and this is a move right off the high, down into new lows. 339 00:20:08,940 --> 00:20:12,480 This is a big move, you know, from 56 down to 50. 340 00:20:14,460 --> 00:20:21,690 Now again, you know, I showed you a lot of great examples of, of them working on, you know, there's times it doesn't work out for whatever reason. 341 00:20:21,960 --> 00:20:27,570 Um, you know, could be just a change in, in, uh, supply and demand. 342 00:20:27,600 --> 00:20:30,120 You know, here, boom, started to work. 343 00:20:30,120 --> 00:20:30,690 That's what you like. 344 00:20:30,690 --> 00:20:33,780 You got to hire point of control here and it fail. 345 00:20:35,400 --> 00:20:39,240 You know, where are you gonna put your stop, your stop's gonna go somewhere in here. 346 00:20:39,900 --> 00:20:45,690 You know, obviously if you break this point of control, if it's not a good sign, you know, break the point of control. 347 00:20:45,690 --> 00:20:53,010 Obviously, if you break the low, it's not a good sign, but if you break the point of control, you know, on, on the initial bar, that's, that's not a good sign. 348 00:20:54,810 --> 00:20:59,430 Um, here you got a couple, uh, where was it? 349 00:20:59,430 --> 00:20:59,640 Here? 350 00:20:59,640 --> 00:20:59,820 This. 351 00:21:02,610 --> 00:21:03,630 Like this one here, right? 352 00:21:03,630 --> 00:21:07,080 So this is a, it's a red bar, but then you got a green bar and it comes back up there. 353 00:21:07,080 --> 00:21:09,000 Well, the market's still going, so I wouldn't count that. 354 00:21:09,000 --> 00:21:10,080 Just as, I wouldn't count this. 355 00:21:10,080 --> 00:21:13,350 I didn't need a red bar, red bar, like this red bar, red bar. 356 00:21:15,060 --> 00:21:17,820 And then we come right back up to that high again. 357 00:21:17,910 --> 00:21:20,850 You know, we, we broke this point of control here. 358 00:21:21,420 --> 00:21:23,100 We violated it in this bar. 359 00:21:23,100 --> 00:21:24,330 That's so, it's not a good sign. 360 00:21:30,570 --> 00:21:35,070 Yeah, here you have fail again. 361 00:21:35,159 --> 00:21:36,149 And it started to work. 362 00:21:36,270 --> 00:21:37,199 It looked like it was going. 363 00:21:37,199 --> 00:21:40,350 Obviously you, you, you run into this bar here that's quite bearish. 364 00:21:40,860 --> 00:21:49,080 Um, it was a bearish ratio and then you just sort of go sideways over the next couple bars before failing and making that new low and then rallying. 365 00:21:49,139 --> 00:21:52,230 But you know, at that point, you know, here you got this doji bar. 366 00:21:53,655 --> 00:22:00,735 Again, I'm not a big fan of doji bars in the order flow, but you know, this one is the one I was expecting the move off of. 367 00:22:06,764 --> 00:22:09,915 And again, you here, this one didn't work out. 368 00:22:10,650 --> 00:22:15,600 Again, you know, it started to you, you got your ratio, your divergence, you got your pull back right up to that point of control, 369 00:22:15,990 --> 00:22:18,840 and then you just started gradually getting higher point of controls. 370 00:22:18,840 --> 00:22:22,230 This one, you know, this is what, this is the one that sort of mucks it all up, right? 371 00:22:22,230 --> 00:22:27,540 You should have a lower point of control in this bar, not a higher point of control and not, you know, a green bar. 372 00:22:27,810 --> 00:22:33,480 I could go either way with, but I would definitely need a lower point of control, you know, so seeing a higher point of 373 00:22:33,480 --> 00:22:35,850 control is telling me it's, it's probably not gonna work out. 374 00:22:42,284 --> 00:22:46,304 And again, same reason, similar here. 375 00:22:46,544 --> 00:22:47,804 So you got the point of control there. 376 00:22:50,475 --> 00:22:55,155 You come right back up to it, but then this bar here, right, you got the higher point of control, right? 377 00:22:55,159 --> 00:23:04,575 You should have, you should be looking at, you know, a lower point of control in the third bar, not a higher point of control in this third bar. 378 00:23:05,370 --> 00:23:07,110 Then it just goes sideways on you, right? 379 00:23:07,110 --> 00:23:10,590 Then eventually goes up and, and makes a new high and then sells off. 380 00:23:13,770 --> 00:23:18,120 Now, uh, this is a case where it went sideways on you. 381 00:23:18,270 --> 00:23:24,630 Um, everything worked out, looked optically there, but sometimes it just goes sideways on you. 382 00:23:24,630 --> 00:23:28,260 Here, you got your low, came right down to this point of control. 383 00:23:29,535 --> 00:23:30,525 That's what you like. 384 00:23:31,004 --> 00:23:31,455 Boom. 385 00:23:31,605 --> 00:23:32,895 You know, it's all systems go. 386 00:23:32,985 --> 00:23:36,345 You know, it's nice to see the third bar here is up, but then what happens? 387 00:23:36,345 --> 00:23:36,705 Nothing. 388 00:23:36,710 --> 00:23:41,415 It just goes sideways on you for the rest of the day into, uh, into the close. 389 00:23:42,014 --> 00:23:46,965 You know, shit happens sometimes, uh, you know, sometimes the market just slows down on you. 390 00:23:47,235 --> 00:23:51,045 Now again, you know not how I like it. 391 00:23:51,105 --> 00:23:52,905 These are some examples, not how I like it. 392 00:23:53,655 --> 00:24:01,305 This one I don't like because, It's not right to the, it's not to the point of control. 393 00:24:01,305 --> 00:24:09,645 You know, again, it's a tick below, you know, eventually you came back up to the, the point of control, like, here, but I, I wanna see it here, right? 394 00:24:10,095 --> 00:24:13,875 Because I, I don't wanna just put an X over these two bars here, right? 395 00:24:13,880 --> 00:24:15,615 And just sort of slide everything over. 396 00:24:15,885 --> 00:24:24,325 You know, if you, you got rid of these two bars, it looked beautiful, but, you know, it's one of those things, you know, you can only trade what the market has given. 397 00:24:25,065 --> 00:24:28,965 And, you know, this is, I, I expect it to happen here. 398 00:24:28,965 --> 00:24:30,345 Then, you know, then sell off. 399 00:24:30,345 --> 00:24:36,675 Not, you know, come on then come back here and get the move right back to the point of control, then make the move down. 400 00:24:37,005 --> 00:24:39,615 But, you know, I said, well, what can you do? 401 00:24:39,735 --> 00:24:41,265 It's not necessarily how I like it. 402 00:24:41,295 --> 00:24:43,065 Does it mean that it's invalid now? 403 00:24:43,065 --> 00:24:44,145 Not necessarily. 404 00:24:44,505 --> 00:24:46,845 Again, it's up to you as a decision you gotta make. 405 00:24:47,535 --> 00:24:49,515 Now here's again, you know, similar, right? 406 00:24:49,515 --> 00:24:52,515 You got, you got your, your high. 407 00:24:56,564 --> 00:24:59,955 You got your high, then you got your point of control here. 408 00:25:00,435 --> 00:25:01,635 Next bar is green. 409 00:25:01,725 --> 00:25:02,625 Then this bar. 410 00:25:02,685 --> 00:25:04,395 Yeah, you come back up to that point of control. 411 00:25:04,395 --> 00:25:05,774 Then you make the nice move, right? 412 00:25:05,774 --> 00:25:06,014 Yeah. 413 00:25:06,014 --> 00:25:07,304 Then you think, hey, that's a nice move. 414 00:25:07,574 --> 00:25:14,925 Again, you know, it's up to you if you wanna be able to just sort of put your line, you know, X out this, this information. 415 00:25:15,195 --> 00:25:16,245 But you know, this is a bar. 416 00:25:16,251 --> 00:25:17,415 It did trade there. 417 00:25:17,415 --> 00:25:20,895 I mean, you're talking 15 minutes here of market activity here. 418 00:25:20,895 --> 00:25:26,325 You can't just, you know, Put your thumb over it and, and not, not count it. 419 00:25:26,385 --> 00:25:31,455 Now again, you know, there are people that might want to, you know, say, oh, I'm fine. 420 00:25:31,455 --> 00:25:34,635 I could accept, I could accept this, I could accept this bar like that. 421 00:25:35,115 --> 00:25:38,415 And, you know, again, me, I'm, I'm a traditionalist. 422 00:25:38,835 --> 00:25:43,425 I like to see things, you know, in a certain, in a certain way, visually. 423 00:25:43,935 --> 00:25:47,355 Um, but again, you know, you got some nice things happening up here with Delta. 424 00:25:47,355 --> 00:25:48,465 Like even if you. 425 00:25:49,260 --> 00:25:52,800 You know, if you start putting stuff together, right, you're thinking, hey, okay, you're high here. 426 00:25:53,070 --> 00:25:57,090 Very strong, positive Delta nine 15, but then here, four 20. 427 00:25:57,480 --> 00:25:57,810 Okay? 428 00:25:57,815 --> 00:26:02,430 It's kinda a little weaker than minus, and then you see minus boom five, minus 5 74. 429 00:26:02,430 --> 00:26:02,760 Fuck it. 430 00:26:02,765 --> 00:26:03,390 I'll get short. 431 00:26:03,570 --> 00:26:09,960 You know, I could accept this and then, you know, if you did, you know, it's a nice 25 cent move right there. 432 00:26:12,690 --> 00:26:14,550 So the next step, right? 433 00:26:14,550 --> 00:26:18,690 You know, I, I what I showed you is, you know, on highs and lows and days of the day. 434 00:26:18,810 --> 00:26:24,419 Now, you know, the next step is understanding it in the flow of trade during the day. 435 00:26:24,419 --> 00:26:32,310 Now again, you know, not every bar is gonna come back to the previous bar point of control, but, you know, really what you're looking for are those 436 00:26:32,310 --> 00:26:36,300 moments, you know, those, those moments that, that it happens, right? 437 00:26:36,360 --> 00:26:39,899 Um, you know, it. 438 00:26:41,635 --> 00:26:44,235 It's like, it's like sports. 439 00:26:44,285 --> 00:26:49,995 I, I, I'm always using sporting analogies and trading, but trading in sports really have Sure. 440 00:26:49,995 --> 00:26:55,695 A lot of similarities and Yeah, it's like football, right? 441 00:26:55,695 --> 00:26:56,235 Soccer. 442 00:26:56,895 --> 00:27:00,315 Soccer is for the most part, a very boring, I'll say, very boring. 443 00:27:00,495 --> 00:27:02,715 It's can be boring at times, right? 444 00:27:03,105 --> 00:27:06,165 But there's just those moments of brilliance, right? 445 00:27:06,170 --> 00:27:12,345 Where somebody, you know, gets control of the ball and puts it in the back of the net, you know, that's, that's what you live for as a soccer fan. 446 00:27:13,425 --> 00:27:15,885 Football fan, and it's like that with trading, right? 447 00:27:15,885 --> 00:27:19,905 There's a lot of garbage going on during the day, cuz I only use the term garbage rather. 448 00:27:19,905 --> 00:27:21,615 You know, the market is just facilitating trade. 449 00:27:21,615 --> 00:27:22,635 That's what it's doing, right? 450 00:27:22,639 --> 00:27:24,524 That's what it exists to do. 451 00:27:24,975 --> 00:27:29,865 But then there's times where things just show up and it's just brilliant, right? 452 00:27:29,865 --> 00:27:30,764 You see it here. 453 00:27:31,590 --> 00:27:31,889 Okay. 454 00:27:31,889 --> 00:27:32,100 Boom. 455 00:27:32,100 --> 00:27:33,750 You get your swing, low point of control. 456 00:27:33,750 --> 00:27:34,740 You come right up to it. 457 00:27:34,770 --> 00:27:35,129 Boom. 458 00:27:35,159 --> 00:27:35,760 Okay, great. 459 00:27:36,060 --> 00:27:39,149 And you start rallying, you know, higher points of control, higher points of control. 460 00:27:39,450 --> 00:27:40,919 You get a swing high right here. 461 00:27:41,100 --> 00:27:41,580 What do you do? 462 00:27:41,580 --> 00:27:44,610 You rally right back to that high and then you sell off. 463 00:27:44,639 --> 00:27:47,310 So you know, you're catching it in the flow of trading, right? 464 00:27:47,310 --> 00:27:49,409 That's what you wanna be doing, right? 465 00:27:49,409 --> 00:27:53,520 That's why I, I start by showing it to you at highs or lows of the day. 466 00:27:54,210 --> 00:27:54,480 You know? 467 00:27:54,480 --> 00:28:00,030 Then, you know, once you understand it, once you understand what to look for, then you take it to that next. 468 00:28:05,565 --> 00:28:06,945 Again, you know here, right? 469 00:28:06,945 --> 00:28:08,925 You're just sort of flowing, ebb and flowing. 470 00:28:08,925 --> 00:28:11,355 Ebb and flowing, and then what do you get? 471 00:28:11,385 --> 00:28:11,655 Boom. 472 00:28:11,660 --> 00:28:12,765 You've got the swing high. 473 00:28:13,455 --> 00:28:15,615 Boom, right to that point of control. 474 00:28:16,155 --> 00:28:24,585 Lower point of control imbalances here, you know, you should be getting short somewhere in this bar here, you know, 16 area down to 96. 475 00:28:29,805 --> 00:28:30,045 Okay. 476 00:28:30,045 --> 00:28:30,405 Boom. 477 00:28:30,465 --> 00:28:33,254 Again, you know, you're coming down here, you're coming down into the low of the day. 478 00:28:33,254 --> 00:28:33,585 Right here. 479 00:28:33,585 --> 00:28:35,175 You got that selling imbalance, right. 480 00:28:35,625 --> 00:28:40,305 Again, you know, I don't necessarily like to take selling I balances going right into the low. 481 00:28:40,305 --> 00:28:44,895 I'd prefer to take it, you know, as you broke through the low, but you know, what do you get here? 482 00:28:47,355 --> 00:28:49,784 So you come down in here, boom, boom, boom, selling a balance. 483 00:28:50,125 --> 00:28:51,585 Everyone's thinking, Hey, you should be getting short. 484 00:28:51,585 --> 00:28:54,314 You know, aggressive sellers are coming in, but market starts rallying. 485 00:28:54,314 --> 00:28:55,574 And then boom, you get this. 486 00:28:56,205 --> 00:28:59,145 You get the move right to the point of control. 487 00:28:59,715 --> 00:29:01,814 Higher point of control, higher point of control. 488 00:29:01,820 --> 00:29:03,254 You're migrating your point of controls. 489 00:29:03,260 --> 00:29:07,845 Higher P POC migration, right there. 490 00:29:07,845 --> 00:29:08,865 It makes this nice. 491 00:29:09,495 --> 00:29:20,025 Steady move up, you know, from, you know, you could be here 45, 20, 45, 28, all the way up to 45, you know, 50, 45, 48. 492 00:29:20,030 --> 00:29:22,575 You know, it's a nice, it's a nice move right there. 493 00:29:23,955 --> 00:29:26,085 So again, you know what to look for. 494 00:29:26,235 --> 00:29:29,265 Look for a high, but then look for the bar and the high to close. 495 00:29:29,265 --> 00:29:30,495 Lower a reversal bar. 496 00:29:30,525 --> 00:29:31,215 Next bar. 497 00:29:31,245 --> 00:29:34,215 Look for a point of control that's lower than the first bar. 498 00:29:34,695 --> 00:29:35,355 But look for. 499 00:29:36,270 --> 00:29:43,740 To pull back right to the point of control of that first bar and then in the next bar look for a lower point of control. 500 00:29:43,800 --> 00:29:44,010 Right? 501 00:29:44,010 --> 00:29:50,129 I don't care if, if the bar is red or green in the third bar, but the first two bar should be red. 502 00:29:50,129 --> 00:29:52,889 Now, on a low right, you're gonna be looking for green bars. 503 00:29:52,889 --> 00:29:54,360 You're gonna looking for the market to rally. 504 00:29:54,689 --> 00:29:57,720 You're gonna be looking for the point of controls to migrate higher. 505 00:29:59,340 --> 00:30:04,050 So on a low look for a reversal bar, look for a bar that close higher look for a green candle. 506 00:30:04,110 --> 00:30:08,820 Next bar should be also green and it should have a higher point of control. 507 00:30:08,825 --> 00:30:15,240 And look for that bar's low to pull right back to the point of control of the first bar. 508 00:30:15,600 --> 00:30:18,930 Then in the third bar, yeah, you'd like to have a higher point of control. 509 00:30:19,470 --> 00:30:22,935 Um, And you know, you'd like to have a green bar. 510 00:30:22,935 --> 00:30:24,075 Doesn't necessarily have to be green. 511 00:30:24,075 --> 00:30:27,195 It could still be red, but you know, you want to have a green bar. 512 00:30:27,254 --> 00:30:29,774 You know, what you're looking for is, is like this, right? 513 00:30:30,254 --> 00:30:32,685 Green, green point of control pulls right back. 514 00:30:32,685 --> 00:30:34,545 Higher point of control, higher point of control. 515 00:30:34,875 --> 00:30:37,995 And you should be forming a higher point of control in this third bar. 516 00:30:38,565 --> 00:30:43,455 You know, you don't wanna be pulling back here and then all of a sudden have a bar here where the point of control is down in here. 517 00:30:44,355 --> 00:30:44,774 Right? 518 00:30:45,075 --> 00:30:46,485 And where's your stop gonna be? 519 00:30:46,845 --> 00:30:50,055 Yeah, it, it could be tight, you know, it could be at this point of control of the first. 520 00:30:50,865 --> 00:30:51,254 Right. 521 00:30:51,254 --> 00:30:53,055 It could be at the point of control right here. 522 00:30:53,595 --> 00:30:55,875 So it's not like you're putting your stop way up here. 523 00:30:55,875 --> 00:30:56,835 It's just right here. 524 00:30:59,024 --> 00:31:02,595 You know, it's gonna give you a nice low risk entry, you know, here. 525 00:31:02,715 --> 00:31:03,524 Where's your stop gonna be? 526 00:31:03,524 --> 00:31:04,935 It's gonna be right here. 527 00:31:05,205 --> 00:31:06,045 Where's your stop on this? 528 00:31:06,045 --> 00:31:07,905 By gonna be, it's gonna be right here. 529 00:31:09,764 --> 00:31:18,255 So, Yeah, hopefully by now you should understand, you know, POC migration and you know how you can use it to help, you know, find 530 00:31:18,255 --> 00:31:24,825 beginnings of, of trends, you know, when markets are starting to make a move, you know, that's, that's really what you wanna be doing, right? 531 00:31:24,825 --> 00:31:27,895 You wanna be getting in on moves as, as early as possible. 532 00:31:29,805 --> 00:31:33,585 So thanks for watching this, and I'll see you on the next video. 533 00:31:33,645 --> 00:31:36,465 Um, you know, I said I've got a big stack of them to record. 534 00:31:36,470 --> 00:31:38,175 I've, I've got the slides all done. 535 00:31:38,205 --> 00:31:40,875 It's just, I've just been sick. 536 00:31:41,325 --> 00:31:42,225 There's no other way to say it. 537 00:31:42,315 --> 00:31:45,105 It says, I fucking hate the Philippines, man. 538 00:31:45,105 --> 00:31:49,905 It's like every fucking, every other month I'm, I'm feel like I'm dying out here. 539 00:31:50,115 --> 00:31:52,785 Um, you know, with some virus infection. 540 00:31:53,445 --> 00:31:57,000 Um, I mean, luckily I don't have to go to the hospital. 541 00:31:57,070 --> 00:32:02,490 It was one time I was in the hospital, I was afraid I was gonna wake up and find, you know, my kidneys missing or something. 542 00:32:03,090 --> 00:32:07,650 But, uh, I, I don't know what it is, the air and that's not the food. 543 00:32:07,650 --> 00:32:11,490 And my wife cooks the food and you know, we eat out at normal restaurants. 544 00:32:11,495 --> 00:32:20,685 But yeah, it is just, Living in the third world isn't, uh, isn't the best place, but you know, hopefully my wife's visa will be approved in the next couple of weeks. 545 00:32:20,685 --> 00:32:25,425 And, uh, you know, I'll be making these videos in the US you know, and when I'm not sick. 546 00:32:25,455 --> 00:32:30,675 So, thanks for your patience and uh, I'll see you guys, uh, a bit later. 547 00:32:30,735 --> 00:32:31,155 Bye-bye. 50909

Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.