Original subtitles

Thank you.

All right, folks.

Welcome back.

Welcome back.

All right, today, we're gonna talk about, uh, more, it's gonna be the introduction

into working with small accounts.

Um, some of you that have been trading for a while probably don't have that problem.

You probably have a little bit more money than, uh, some that

just start out in this industry.

But because my aim is for the first three months to kind of like target

folks that have just now entered into the foreign exchange market or have

struggled and never really seen their money grow, uh, their chances are they're

going to have a very small account.

In fact, if you don't really know what you're doing trading wise, it's

actually better for you to start out.

Initially, even after you'd done work in a demo account, six to 12 months

in length, the best thing that you can do is go with a very small shoestring.

Uh, because the, the shock of having financial attachment to the

trays are going to be something for you to get, get used to.

Um, like I did with my first teaching series back in 2010, whatever new and or

aspiring for extra wants to now, um, I kind of like brought to light, at least

in my attempts to draw more attention to the fact that there's so much opportunity

doing very little in this industry, that folks get caught up in the Lamborghini,

the mansion's the high lifestyle, you know, the, the baller mentality.

Um, and honestly, there's very few people that actually live like that.

Not through trading.

Okay.

Let's, let's say it that way.

Uh, most do it through things like what I'm doing now, obviously.

So a paid mentorship because it's very lucrative to do something like this, but

to be able to make money and generate it and compound it, that's something

that very few traders actually can do.

One of two things happens.

One, they quickly realized they don't know how to.

And they self-destruct, or, uh, they do have a modest ability

to, uh, to turn a profit.

But what happens is they see the money and you get greedy.

Now, if you've paid attention, the first month of assessment of this

mentorship was specifically aimed at removing your fear of missing

opportunities, almost on a daily basis.

With the exception of two, two occasions, we saw everything that we

outlined in terms of probable movement come to fruition, almost to the PIP.

There was a couple of times it robbed me by one favored.

They'd get right to my targets, but nonetheless there's

opportunities every single day.

Now it's not my, again, it's not my aim to instill that desire

to trade every single day.

But as he developing trader, you should be doing something in the marketplace

and your demo account to build up your experience, build up your.

Well, your skillset, and it's not important that you see positive results

because you don't learn more from the negative things because it'll draw a,

highlight a spotlight to where your weaknesses are, and you want to figure

out what those are when you're outside the scope of risking life funds,

because all that's going to do is compound and exasperate the problems.

Okay.

And what you'll do is you'll go into denial trading with live funds,

forces, the trader, whether they're male or female and more so with the

men, um, you'll put a bandaid, okay.

Or blinders on a gaping wound and your problem of not being consistent

or not even know how to trade.

So this entire month is going to be aimed at number one, building the

idea of starting with a small camp.

And in the second half of the month, we'll be working with,

uh, aiming for 10% per month.

So I'm actually going to give you the foundations to how to double your.

Every single year with the methods that I'm going to teach throughout this week.

So every day we meet this week, there's gonna be five sessions.

And it's only aimed at building a trading model that aims at 6% per month now.

And there's some of you, you're probably saying, well, wait a minute,

I'm paying good money for this.

Now I'm not really interested in 6%.

I already know what you're thinking.

Okay.

Trust me, just roll with me for the first week.

Okay.

The second week of the month, we'll get a little bit more, uh, higher up in

terms of potential returns per month.

But by the end of this month, you will have everything.

You need to go into the marketplace realistically and

have all of the potential to consistently draw out 6% per month.

Now, again, for some of your new, it doesn't sound like much.

It does sound like I'm getting, I'm going to get rich real quick.

And that's exactly what you need to be thinking right now.

You need to be thinking I'm not going to get rich real quick.

Okay.

I need to be consistent.

You start with bread and butter consistency.

Nobody, nobody out there goes from neophyte to super ultra

rich George Soros, Warren buffet.

You know, it doesn't happen.

That does not happen.

There's a lot of growing.

There's a lot of learning.

There's a lot of losses between where you start and where you end up at.

So I want you to think about all the opportunities we saw for the first month.

Okay.

And they're all very short term trading opportunities.

Very, very short-term intra-day you don't need a whole lot of trades.

You only need really one of those per week.

One just one.

Now I'm going to give you an example here.

Okay.

And, uh, obviously some of you probably have a lot more money

than this, and I'm not trying to.

Make light of anybody else either.

But the, the average, in my opinion, I think if someone's going to start

out after they had done the work with the mentorship, I think they

should test the waters with an account about a thousand dollars.

So at the end of 12 months then, and only then in my opinion, I think if you've

gone through everything we teach, then you would consider, I'm not telling you

to do it, but you would consider doing what you've learned in a demo account.

If you've been consistent and you've adopted a mindset that you

continuously do the same thing over and over and over again, and it's

given you a positive result, it doesn't mean you're going to be perfect and

your trades are not taking losses.

It just means that you gotta be consistently profitable on the net.

Well, 6%, if you start with a thousand dollars, we're gonna

say the first week to make the compound is 6% return for the month.

It's actually a little over 6%, but, um, you only need the first week here.

You only need to make 1500.

Now, it doesn't sound exciting.

It doesn't get, y'all worked up in a froth.

It doesn't get you thinking.

Well, I'm going to quit my job.

Okay.

Cause some of you have that mindset that you're going to replace your job or the

necessity for a job in six months of this mentorship, that's not realistic.

Okay.

So having this mindset going in as a new trader or someone that has not been

consistently profitable, $15 return on one week does not get anyone terribly excited.

It's one and a half percent return.

So one and a half percent return.

If you do that for four weeks, it's a little bit over 6% a month.

At the end of the month, you're only going to have 1060 $1 and 36 cents or roughly

within earshot of those pennies over here.

Talking about that again, that does not get anybody terribly excited, but

I can tell you this, if you can do this percent return, just eight months out of

a year, six months out of a year, Okay.

You need to stop and think for a moment.

Think outside your current conditions.

Okay.

Or your current limitations, because really they're there, you're only limited

by your perspective right now, you're, you're actually in a prison in your mind,

thinking that you have to break out right now and you've got to get out of your job.

When in fact you need to stay in your job right now and you need to stay

because that's guaranteed income.

When I first started, okay, I had a job.

I did not quit my job until I had 830, $2,000.

Then I didn't work all the while.

While I was making money.

I did not think about leaving my job.

My goal was quitting work at 40 years old, I was in the beginnings

of my twenties thinking this.

So if you, if you were able to sit down with every.

Extremely profitable trader well-balanced and their psychology, a

well-balanced and their risk management.

Okay.

And their expectations.

They all have a secondary source of income.

Because if you try to start with this industry as your sole income, number

one, you're going to force yourself to do things you shouldn't be doing.

You're going to trade more often than you should, because the necessity of making

money is going to supersede the process of trading in a balanced and objective way.

Too many times, I've spoken to folks to have really, they know how to trade.

They absolutely know how to trade, but the psychological aspects of having

to make money, forces them to do things that they shouldn't be doing.

So if you have a job right now, and I know you probably want to get out of it

right now, and that's understandable, I went, I couldn't wait to get to my job.

I was, I was dying to get it, but even though it was consistently

making money early on, Okay.

All by luck.

But nonetheless, I was not in a hurry to leave my job because I knew that this

money was coming in every single week, whether I was making a trade or not.

So if you are contemplating replacing your job, you have to

do that in a graduated scale.

Don't think that you can't be completely financially independent within 24 months

after this mentorship, because I'm telling you if you do the things I'm telling you

to do and just relax and allow the 6% thing here, I'm telling you, there are

so many people out there with tons of money that are ignorant with their money.

You have no idea what to do with it.

If you approach them with the means of being able to do this just half of a

year, 6% compound that just on six months.

You don't need to trade during the holiday months, the dog days of the

summer, you don't need to do anything like that and trade their money.

Other people's mind, you're gonna manage other people's money.

Okay.

You, maybe you don't want to do that, but I'm just giving you a horizons

that are a little bit broader than you're probably thinking right now,

because if you have just a very small shoestring budget, but you learn how to

trade, people will throw money at you.

They're going to throw money at your feet and say, please do something with this.

They're going to beg you.

And there'll be offended if you say no, because they know that

you know what to do with it.

So if you take these insights and apply them to consistently small

trades of taking a small risk, but compounding that small risk, okay.

And to profitability over the course of a year, if you show somebody over

35, 40% return in a year, believe me, they are your best friend.

And you're gonna tell everybody about you and they're gonna, you're gonna draw

them up more business than you can have.

If you take on other people's funds and if you can do this and I'm not

trying to talk into it, but I'm just giving it a different perspective

because it's an easy way to fund your own trading with a great deal of money.

Once you understand what you're doing, it's easy to get a hundred

thousand dollars dropped in your lap.

Okay.

It's very easy to get management fees.

Okay.

That will put you over $250,000 in a year and you don't have to do much to do that.

So don't think that this mentorship and this specific teaching today, or even

this entire teaching for the entire week, doesn't fit you because I'm telling you,

if you think about the things I'm going to share with you, it broadens your horizons

and you don't have to be a fund manager.

You don't have to manage other people's money.

Okay.

But it's an avenue for you if you don't make much money.

Okay.

So you're a single mom saying, say, you're a single father and you only

have one income and you're just struggling to get out of where you're at.

Use these concepts.

Okay.

And in the abilities of marketing yourself later on as a fund manager,

which you'll learn in the later parts of this mentorship, that will

give you an unlimited amount of funds that will be attracted to you.

Because once you put yourself out there, believe me, people will come

to you and it's going to be up to you how much money you take on, but

you don't need a lot of money of other people's funds to do very well.

Once you fund yourself, you can make, you can go into a limited

partnership, say, look, I'm only gonna do this for 36 months.

Okay.

And you know, it is, this is our agreement, and I'll give you all those

details later on in the mentorship, but it'll allow you to fund yourself, see

someone you can't just easily go out there and say, okay, well, I'm going to

plunk down a hundred thousand dollars and I'm going to start trading this

personally for you to quit your job.

I personally believe that you need two and a half years of living expenses, plus

a hundred thousand dollars to trade with.

If you can't do that, You should not be trading for a living.

And it's as simple as that, because you got two and a half years of cushion.

You're not going to be impulsive about getting in the marketplace

to trade because you have two and a half years of cushion.

You're going to have periods where the one or two months of the year,

you're going to have a draw down.

You're not going to do very well.

It's realistic to think that way you need to plan ahead for that, but don't negate

the value of starting small as a new trader, looking at 6% compound return,

because I guarantee you, you ask anybody, you know, have come in contact with them.

This, this entire week, the people you work with your family members,

you don't have to go into detail about what you're talking about in terms of

how you would get that 6%, but this ask them, Hey, can you imagine if

you got 6% on your money every single month, what would that do for you?

First of all, they'd be like, well, that's, that's pretty good.

That's better than a bank.

What's way better than a bank.

But then if you tell them, look, Hey, you know, if I, if I took a thousand dollars

a year money and I gave you $61 at the end of the month, would you be excited?

They'd be like, oh, no way, man, get outta here.

I'm going to give you a thousand dollars for that.

But the problem with that thinking is, and this is the reason why

everybody else in the, at least in the us and majority of around the

world, this is millionaire making.

This is a fluent lifestyle creation at its core.

It's the absolute thing that everybody wants to know, but they won't listen

to it when it's being taught to them.

Because $61 over the course of four weeks, it's not exciting.

It doesn't, it doesn't equate to, I'm going to get rich.

It doesn't equate to I'm going to replace my job, but that same amount of money

started and compound that over the course of one year becomes over $2,000.

Now you tell someone say, Hey, look, if you give me a thousand

dollars, I'll double it in a year.

Suddenly, suddenly their perspectives change.

But it's the same thing nothing's changed except for the

delivery and the information.

And it comes by way of ignorance, especially in the school.

Our, our education system promotes this idea of slave mentality.

Get a good job and work for the man.

And I can't stand it.

I cannot stand that.

I wish that there was a way.

And here's the thing.

Even if you learn this and you want to try to do cause bleeding, I tried to do this.

I've tried to work my way into local schools to do like an

assembly, to teach children, okay.

Coming into the ninth grade.

If I'm going to learn these skills and an ideas about money in the ninth

grade, I would completely be on a totally different level financially.

I'd be well, well ahead of where I'm at now.

My children are learning these things and you need to teach your kids this

stuff too, not just trading, but you need to understand that managing money.

Okay.

It's a tool.

It's a resource, but we're taught to be a slave to it.

It's a, it's a task master to us.

We go to work for what.

Well, I don't work for money.

I put money to work and by having this mindset that same over

look at the numbers, it's the same thing you see over here.

Nothing's changed.

It's the same dynamic, but this is just on a monthly basis.

You start with a thousand dollars in the first month.

It's 60 bucks.

Then it's two months, it's 111 hundred $23.

It's not exciting, but over the course of a year, you're doubling it.

So now you say to these investors, okay.

Say, look, I have a track record.

Okay.

For 24 months, I think consistently doing minimum 6% return.

At least the majority of the year, I guarantee you, you're going

to have hundreds of thousands of dollars laid at your feet.

If you can show a consistent track record, not just, you know, here,

here's the, here's a demo account.

That's not what they want to see.

They want to see that you can obviously manage it with live funds.

Okay.

And you will work your way into larger funds.

Easily to get a million dollars into your hands doing that.

And believe me, you give somebody a a hundred thousand dollars account

and you double it in a year.

They're going to talk about you.

And they're going to say, Hey look, you know, I got

somebody else I was talking to.

And they weren't because think about how you feel when you first

started learning these things.

And then you start seeing it in your charts.

If you went to see my free tutorials, you've watched some of these

things occur in your chart and you can't believe how it worked.

And you start telling your friends, you're telling your spouse, you get excited.

Well, that same thing's going to happen.

When you talk to someone else about what?

Well, when they talk about what you've done with their money, they're going

to feel like they did it themselves.

They're going to brag about it.

That's what people do.

And it's going to be word of mouth advertisement.

And you're going to have so many opportunities for people

to throw their money at you.

It's up to you how much you manage, but you can use that as

a means of funding your yourself and put yourself in business.

And then you don't have to manage anybody else's money.

That's what I did.

I started.

I had immediate success.

Then I realized I couldn't trade.

I had to learn how to trade.

And then when I got relatively decent at trading, I dabbled

in other people's money.

And then I got into a very fortunate situation where I traded a large

conglomerates money in Baltimore and long and short of it is that patted

me out considerably a lot because they were they're a Greek family and

they were afraid that if they didn't pay me well, I would stop doing it.

So everything I asked for in terms of the terms they want over that, now,

maybe that's a very fortunate and far and few between type of opportunity.

And maybe that won't be for you, but I can tell you from personal experience when you

do well for somebody, they're absolutely going to talk about what you did for them.

And they're going to put this opportunity right in your lap.

And when you have this, it's easy to generate money, very

easy, but here's the thing.

You have to have the mindset and understand the appreciation of

this, something, little, something so simple as this over here.

That's what everybody wants.

Everybody wants out of their job.

I don't care what they are.

Doctors, lawyers, all that stuff.

They're doing these things to make a lot of money because they

want to live well in retirement.

I want to live well now I want to do it right now because there's no guarantee

I'm going to be old and healthy.

Not to enjoy money later on.

If I have it in a 401k, that's just the worst perspective

on life there ever could be.

You need to have your, your mindset now that you can easily

very quickly in 10 years time.

If you take these numbers, okay, if you pull out a calculator, you have a

smartphone, pull out your calculator, put a thousand dollars in there.

Okay.

And then multiply by 1.06 and hit 11 hit that equal sign 12 times.

And you'll arrive at this number down here.

And continuously do that until you arrive at 10 years.

Now, obviously we're not talking about taxation and the effects of that, but

it's over a million dollars in 10 years.

My question to you is this.

If you're not going to think about money like this, okay, where else are you going

to get a million dollars in 10 years off of a thousand dollars investment?

It's just not going to happen for you.

It doesn't happen unless you're gonna hit the lottery and lotteries, don't

usually take 10 years to pay out.

It's usually you win or you don't.

So the idea of looking at the marketplace, like this is an absolute

bastion of free enterprise that is untapped in terms of its limitlessness,

it's crazy what you can do with it.

But the problem is, is everyone wants to start out with a hundred dollars, okay.

And turn it into a $10,000 account in six weeks.

And that can not happen.

It doesn't happen.

It will not happen for you as well as I know how to trade.

I still can't do that.

So I'm telling you don't think that way, if you think like

this, just for the first.

And you can just repeat that every single month you end up at the end

of the year, doubling your money.

If you just worked your job and took whatever, whatever money you saved, okay.

Over the course of a year, take a budget, budget yourself, say, look,

you know, I have a paid TV every month.

I'm going to focus on studying.

I'm going to take the pay TV out.

And I'm going to just focus on taking that money and saving it.

And if I save that money over the course of a year, I will double what

I would have spent in a utility bill.

I'll double that in the course of a year, if you start looking at life like

that, you will quickly see how easy it is to sell yourself to someone else when

you knew how to trade, because you can tell them, Hey, look, I don't need a

lot of your money, but just consider it.

And then once you show them what you can do with your own funds, it's unbelievable

how fast people start talking about you.

They want to give you your money, give you their money, and then you manage it.

And then you get all kinds of things.

You get 2% management fee and you get a performance incentive.

So once you get to that level of understanding of how to trade, don't think

that you're so far behind the eight ball that you don't have the funds to trade

to get yourself out of where you're at, because that can all change in two years,

24 months, it can absolutely change the entire landscape of your entire existence.

Everything changes because if you have a hundred thousand dollars, if you do

the same things, you're making a hundred thousand dollars a year, do you make

a hundred thousand dollars a year?

Your job, some of you in my voice, your shot could probably

say, yeah, I'll do that.

I'm not let me more than that.

Some of you in here own businesses, some of you have businesses.

Okay.

And you probably earn more than that, but majority of you don't, you don't.

So if you can get yourself in 24 months from now, the ability to have someone

else fund you, that level of initial capital, who cares what you have right

now to start with, it may be even less than a thousand dollars right now.

It's not important.

All this, all it does is this, it makes it a little bit longer for you to get

to that end game, but don't change your, your perspective on you need to have

it right now because you don't because take trading out of the equation.

What would you do if you didn't have, if you didn't have

trading, what would you do?

You go to work, you do the same thing you're doing now.

You would just be miserable with no hope.

There's absolutely hope.

Okay.

There's so many things for you to do, to do very well at this

and you don't have to do a lot.

So now what does it take to do this?

You know, um, obviously I'm, I'm pitching you like I'm on trying to sell you

a timeshare here, but the, the idea is important for you to understand

that that low hanging fruit is the easiest thing to get, and that's all

you would need to sell yourself to someone else to manage their funds.

And you would be absolutely blown their socks off to get one and a half percent.

Think about what would be necessary if you had a thousand dollar

account and you'd make one and a half percent return for them.

What would, what would be some of the parameters that will, uh, that

would frame a return like that?

What would you, what would you require in terms of a trade idea

to pay out one and a half percent?

I guess I should probably open up this little question tack because maybe

some of you have some good feedback.

Okay.

So if you, if you ever, if you have a thousand dollars, okay.

It's your equity and you're aiming for one and a half percent return for the week.

Okay.

So obviously if you're going to do gearing of leverage one-to-one, in

other words, you're going to risk $15 to make $15 now, right away.

Let's be realistic.

Now you're a new trader.

Now some of you probably aren't, I'm speaking to those in here

that are, you have one-to-one.

Risk to reward.

In other words, you're going to put up $15 in a trade idea and

attempts to hopefully make the $15 return that gearing is one-to-one.

You have to be terribly accurate to do that very consistently as it.

Now, now as a new trader, my question is this, do you, do you

feel confident as a new trader that you can consistently find a trade

risking one one-to-one every single week to make that one and half percent

only two peoples answered so far.

Okay.

Okay.

Now everybody's hearing me now and that's, and I'm in a lot

of notes and I appreciate that.

The idea is you need to figure out obviously what you're aiming for.

If you don't have, you don't have a target, you're going to hit it every time.

If you aim at nothing.

Guaranteed.

You're hitting that target every single time, because it's easy to do

that, but you have to know what it is specifically you're looking for.

So I'm going to give you some, some ideas.

Okay.

Uh, if you wanna make one and a half percent, there's a couple different ways.

There's a lot of different ways, but there's a couple that come to mind.

You can do a 30 PIP objective for a trade with a 15 PIP stop.

That's two to one reward the risk.

So you're going to risk two.

I'm sorry, you got to risk one to make two.

So in other words, the situation would be this.

If you can find a trade that pays out 30 pips and frame the trade,

where it allows you to risk a stop of 15 pips, you can trade with 15 50

cents five, zero 50 cents per PIP.

And get that on a two to one.

Do you understand what I mean by.

Okay.

Good.

What if, what if you can't be in the charts?

So he can't be in the charts and you can't be watching five minute, 15 minute charts.

What if you were forced to look at an hourly chart like we have here, could

this same principle be used here?

I got one.

No, I'm not going to say your name, but you know who you are.

Why would you say that?

Why would you say no that you couldn't be done on an hourly chart?

Entry is not difficult.

It's the same techniques and concepts to supply to a different timeframe.

And I gave you trust me, I'm not just gonna talk about when actually

show you some, some examples here.

So now, if we were looking at an hourly chart now, again, this can

be applied to five minute charts.

If you want to be day trading intraday sessions, you can apply

this to day trading where a 15 minute chart is applicable.

One-hour charts applicable.

Um, you can do it as a one shot, one kill setups where you're using a four-hour

chart and trading the weekly range.

And you can do short-term trading to swing trading on a daily chart.

Okay.

Um, what would Nick, what would be wrong with looking for a

trade that potentially pays out a hundred pips on a four-hour chart?

With a stop of 25 pips,

could you, could you frame the idea of making one and a half percent on

a trade idea like that aiming for a hundred pips and risking 25 pips,

and that's exactly what everybody would be looking for.

You know, you're getting 41 gearing on your, on your trades.

If you were looking at a daily chart, what would be wrong with

taking on a trade that paid out 400 pips, but risking a hundred pips.

It's the same gearing, right?

You're hoping to make four to one wrist.

So now let's, let's go back for a second.

Okay.

If we were thinking about framing our trade and our

approach, our business model is.

Cause here's here's, here's the camps that exist in the, uh, the

thought processes behind trading.

There are folks out there that don't know what they're doing.

They don't make money.

Okay.

They are all pretending they're online.

And they have this online persona.

They, they, they think they know something and because they know nothing,

they get online and pretend it makes them feel better about themselves.

What they tell you is you should not have weekly goals.

You should not have weekly percentage return goals.

You should not have dollar goals.

And I'm going to tell you what business out there doesn't have

forecasts and goals in what they hope to make every business out there.

Every single business out there has sales projections.

Am I right or wrong?

So when you listen to someone, okay, after this, after this

teaching today, if you ever hear anyone tell you, you should know.

Look for making certain amount of pips per week, because I caught a lot of flack

from people over in baby pips back in 2010, these same goobers are still over

there and they still can't trade them.

What their cells have a wet paper bag.

The idea of knowing what to look for gives you that ability.

If you understand what the market's telling you at any given

timeframe, you'll know exactly what it is that's available to you.

For instance, we're gonna look at it.

We're gonna look at an hourly chart.

Okay.

Now that's, I'm sure to be honest.

Okay.

And you tell me if this is not what we have already talked about

just in the first month already.

And if you've been through my free tutorials, you'll see a lot of this stuff.

Okay.

So if we look at price and we see price, make a willingness to move away here.

Now this, this move here, isn't justified.

Okay.

In other words, in other words, we don't look for a long, until the move away from

this low takes out a significant high, this high being as significant high.

Do you understand why this high here would be significant to the left of this low?

So when price goes up here, does this high break, this tie to the left of it?

No.

So you have to wait.

So the market has a little bit of retracement and then what happens?

It expands up then it trades through this high right here on this candle.

So now we have, what did we learn about in the first month?

What's this called?

Impulse swing.

Okay.

Impulse swing.

So, and again, I'm not trying to teach optimal trade entry with

Fibonacci, but I just wanted you to understand in scope of discount

and premium, we have the low here.

This high can't be used because it didn't break this previous higher here.

We can use this high here.

So when it gets to that high here, we can now look and see equilibrium is down here.

When price gets below equilibrium, we're at a discount and it goes

right into what, what is this?

I'm looking for a specific, it's a pattern I'm looking for.

Actually, I'm asking for what's this over here.

Turtle soup.

Turtle soup is a false break below an old low.

Okay.

So we have a couple of things going on here, the market rallies up, and we

would not be able to see any trades.

Because it doesn't go much below the equilibrium price point relative

to this hot, low up to this high.

So when price trades through that, we're watching this candle, this

candle, this candle, this candle, and it never gets back down below this

low, but then watch what happens.

It trades higher here and then the next candle, it trades higher here.

You see that.

So as price was trading forward, in other words, it's still got like this.

Initially you'd have it set up like this and every new candle that forms

we're watching to see if it drops down below equilibrium, relative to

the low up to the higher high that broke market structure over here.

I'm getting ready to explain that, man.

I'm just trying to show you because you wouldn't see that high yet.

The question is why wouldn't you use that next high?

And I want you to understand it.

You wouldn't know that high is there until it forms, right?

I mean, right here, you don't see.

Okay.

So every, every new candle you're monitoring now, what happens here?

We have a higher high, we clear out the high here, here, and

this short-term high here.

So now we have to do what anchor our fed well, net new high,

and then the next candle, it creates a smaller, shorter term Haim, but

it doesn't trade down until at the close of that day or this hour candle.

So there's your swing from low up to high.

And as the market creates these higher highs, you're watching to see if it trades

back down below equilibrium, because do we buy at a premium or above equilibrium?

Not for, not for low risk and high probability.

We don't.

So we're looking for discount.

We frame discount with monitoring, where equilibrium would be

price has to trade below that.

And if we can couple the idea of being in discount with ideas of

institutional order flow, meaning if we think this is an impulse price swing,

which by all indications suggests that it is because it took out a

swing high here, we broke through it, looking at near term price action.

This looks weak.

It looks, it looks bearish, but you have what resting below these lows

here, but what resides below that low?

What kind of stops now?

Some of you you're saying by stops, what kind of stops is it?

If you're a long, think someone's long here they've been making money.

They're going to share their stop loss below this low.

If your long, what kind of stock do you use to protect it?

So sell thoughts are below this low.

Now think about the context of what's being framed here.

You have a market that has an impulse price swing higher.

It has retraced, and it went down below a previous low that's like a loaded deal.

It's it's like, that's a gift because you're, you're seeing the market come

down to take out individuals that already are in the marketplace long.

So why would they allow price to go below this low to activate

their cell stops to generate?

What kind of liquidity?

Hold your question around.

If they allow the marketplace to below this low, it forces an injection of

liquidity in the marketplace for the smart money to do what as a counterparty,

it forces selling liquidity for their new buying.

Do you understand that?

Does anybody not understand that because it's gonna be really fruitless for me

to continue if you don't know that.

Okay.

As the market trades higher, our understanding is that someone is in that

marketplace, bullish the market, usually leaves a lo intact and then eventually

comes back and runs out that low.

If we have the idea that the market should be higher, because we've seen this

short-term high broken on the upside.

So this is an impulse swing.

The market has shown a willingness to go up.

If it comes back down below a short term low, if it goes below that our

understanding is, is there cell stops below this low in the form of those

that are along that want to make money.

They have their cell stop.

Re-pull below that load because that's what the books and everybody else teaches

that that's where they're stopped.

If they have their stops there, it's not gonna be one or two traders donut.

It's going to be, everybody looks at an hourly chart as long.

They're going to see this as, okay, well, this is a big engulfing candle.

I have a real good, safe opportunity to place my stop-loss below that low.

And it's going to be a sell stop because a long position is protected when the

market trades below a specific level that you have as a threshold where you

don't want to see any more incurred loss, that's where you put yourself.

Stop that.

So if it trade down below this low, everybody that would have a sell stop.

The below that low would force sell stocks, become market orders

to sell at market and market makers will use that liquidity.

That's just injected in the marketplace to buy it.

They'll buy what the willing participants want to sell out of their long positions.

There's going to be a huge rush to sell.

So what happens is when that market drops down here like this,

it's called pairing of orders.

P a I R I N G pairing.

It forces liquidity for smart money.

Buying smart money needs to have parties to sell to them because

smart money by nature are sellers.

They're providers of liquidity.

So they have to force people to put sell stocks in the marketplace below

lows, and that way they can get, um, liquidity counterparties for their buying.

Does that make more sense now, now?

Okay.

So now if we see that the impulse price swing higher, the market

trades below a low here and on top of that, we're also inside of a deep

discount or optimal trade entry.

Okay.

What else is going on right here as price hits this low is probably not that

clear to see, but I'm going to, I'm just gonna put a little rectangle here, highly

in the fact that we're in what would be considered 62 to 79% retracement.

You want to take the fibar so we can see a little bit better.

So as it hits this area here, what are we doing?

We're taking out an area stops.

Okay.

And then what's going on also in here.

Very good.

Very good.

What's this candle right here.

What's this candle bullish order block.

What makes this what's makes this down black candle bullish.

It's the L it's the last candle before the low, before the price swing higher forms.

We understand that this is exactly where the most sensitive price

point for buying is going to be.

Now, is it going to be the wick?

Is it going to be the opening of that candle is going to

be the middle of that candle.

Is it going to be the low of the candle?

What's the, what's the most sensitive price point.

What do you see most of on this candle?

Is there a lot of body or is it a lot of, is it a lot.

The body, right?

So we have more beefiness to the candle and the body.

So we're going to elect to use the opening price, but we'll permit sensitivity

as to what price level on this candle.

If it's not just the opening price, where are we going to go to next?

Okay.

I mean, he asked you this way.

If we identify the opening price, that's where we highlight the most sensitivity.

Okay.

Now that's the key word.

The most sensitivity that sensitivity can begin as early as what?

The high of the candle right now, do we want to see the

middle of the candle traded too?

If it's a high probability trades, do we want the middle of that candle trade?

No.

Exactly.

So you don't want sensitivity.

Okay.

Or the willingness to want to see price, go down to that middle candle

as much as you possibly can, because that's the least favorable condition

you want to see sensitivity or support.

In this case, you want to see price find support at the body's candle or opening

on a down candle and as early as the high.

So in here between the wits high in the body of the candle, that's where

the most sensitivity should occur.

But we allow, we allow how much of a move into that down candle,

50% of the candle.

And what does that, what does that mean

mean threshold?

Right?

So if we see the candle trade down through the middle of the candle and it closes,

what does that mean for your trade idea?

Do you wait for your full stop?

What can you do exactly?

You can either take some of the trade off if you still feel convicted about

it or collapse the trade and move on to a next, next high probability trade.

Very good.

Very good.

So this is where the sensitivity begins to rent the opening

price on this down candle.

I'm going to eyeball the middle worried about there.

So from the opening of that candle, to the close of that candle, again,

when we use the mean threshold, we are not counting the wick, it's

really, really, really important.

Do not look at the middle of the candle from the high to the low, the

wicks are going to throw you off.

You want to look at the body of the candle and divide that in

half, extend that out in time.

That's where sensitivity should be.

Why is the middle of the candle, the last threshold what's going on at that level?

Yeah.

I'm not sure if I actually taught this or not, but I don't know if I

did, but I'll know if you answered,

Jonathan says no freaking idea.

Well, how does price, how do we get price delivered to us

by way of the Alan Bell?

The interbank algo, the, the, the price delivery mechanism

that feeds us, our pricing.

Okay.

Is price random?

No way.

So if we can see the impulse price swing here, it's going higher.

If they come down below a low and the overall.

Model is still bullish because we seen market structure break.

Here we go back to an area at which the algo is going to know by reference.

Now everyone's whip is going to be different on a, on your candle,

just for, uh, for study purposes for everyone that is watching this,

uh, and do it in your recording.

Not now just pay attention.

If you're listening to it, live here.

What you're going to do is you're going to look at your candle

on, uh, September 26th, 2016.

Um, whatever, whatever this candle was representative of your

time, this would be, uh, would that be in nice for one is five.

Two is it's three o'clock in the morning.

New York time, September 26th.

Find out what your low is.

1 29, 24 and your high for that candle.

1 29 52.

And I guarantee you, your candle is going to have different highs and lows.

But the middle of the body of the candle, the bulk of that body, that's going

to be the closest representation of the central banks, uh, price delivery.

Okay.

It's going to, it's going to be the closest thing that you're going to get.

It's still not going to be absolute.

It's still not gonna be perfect, but this is the bridge I made between what

I learned about how prices delivered to us and seeing in our own charts.

So the, the, the epiphany I had was this thing occurs like

on a 90 plus percent basis.

So if you know where the majority of the Mo momentum's going to be,

or the next price leg is going to be higher or lower, all you have

to do is find that down candle.

If you're bullish, divide that in half, and anything above that point

up, you should be focusing on buying.

Now, here's the thing, here's the wonderful thing about this.

Say you are a trader that can not, so you can't be in front

of the charts all the time.

Okay.

Can you between, I don't know, maybe a seven o'clock in the morning, nine

o'clock in the morning, New York.

Can you periodically check your phone and take literally 10 seconds to see

where price is on British pound USD, regardless of what you're doing, if

you're working a job or whatever, can you take 10 to 15 seconds to see

where price is between seven o'clock and nine o'clock in the morning?

Just periodically look, I mean, if you get texts from your wife or your husband,

I mean, you're doing the same thing.

Well, maybe not so much the husband, you're probably not.

If you're like me, I get in trouble all the time for not

answering my wife's texts.

But the, uh, the idea of being able to look at the market, you have

to be able to be able to see it.

Okay.

You have to be able to reference it.

And there specific times of the day that you need to be able to do that.

So some platforms allow us to have alerts.

Now I'm not a real big fan of alerts because I'm actually

really conscious of what price is doing specific times of the day.

But if you have jobs or business, Then you can obviously set these alerts when, if

you see price trade below this low here.

Okay.

Or how about this?

We knew what the, uh, with the Fibonacci equilibrium level

was relative to this high.

So once this high forums here, once this high forums in the

trade, I mean, I'm sorry that you see that it's trading lower.

All you have to do is do what you can see, what equilibrium

is, whatever that price point is.

And all you've got to do is get a reference point like this.

Okay.

So now you have alert, set an alert for price to alert you.

If it gets below 1 29 60, if price goes below 1 29, 60 on British pound USD,

your phone or your device will email you or send you a text message and say,

Hey, British pound is below 1 29 60.

So what does that mean?

Go.

Go your charts to say, okay, well, it's trading down here.

It's gone below that level of equilibrium.

Okay.

And these are hourly candles and you can do this on a four

hour or, or a daily basis.

It doesn't matter, but there's no reason why none of you can't do these types of

things, because there's so many things in technology that allows you to be alerted.

You don't have to stare at charts all day long.

Once you understand what it is you're looking for, you can set these little

things up to alert you, but because I'm a nut and I want to be in the

marketplace studying all the time.

Even if I'm not taking live trades, I'm always available.

I mean, you guys can see it when I'm clicking charts and sending them to you.

I'm getting it right.

When it hits the water block, I'm sending it right to you when it's happening.

As it, the level I call for I'm there all the time.

I'm seeing it.

I'm not out there.

Waxing cars and filling gas tanks.

I mean, I'm doing charts study.

So looking at price when price goes down below this low here, right below this

low, we know that we are in an area.

Yeah, I know I have a trader's life.

That's the kind of life I have the, uh, I guess you can say that I try to

just like this new life until you're actually on vacation, but the low here,

when we trade below that we know that we have potential run outs to sell

stops, which is going to inject selling liquidity for buying for smart money.

And here's the middle of that down candle.

So now what's the idea we're here.

When we see price trade down here, what can we do with this?

You can do what's the pricing over here?

Where, what price levels are we looking at?

What, what level is this right over here?

What level is that?

It's a 50 level.

That's highly sensitive, big, big, big defensive level.

So we have an institutional mid figure.

Okay.

It's a 50 level.

So when there's gonna be sensitivity around that price level, Especially the

fact that there was a previous low there.

If we see price come down below a previous low, and it's at a mid figure or a brown

big figure number, and it's 1 30, 0, 0, or 1 29 zeros, are there big figure numbers.

If you see a low or a high violated around that level,

many times that's a turtle suit.

That's something to put in your note pads and start studying

the rest of the week too.

But for here, we have a loaded deal where we have a low violet here with

the impulse price leg, moving higher.

We're at an order block here.

So the idea is we could be buying on a limit order at 1 29 50.

Okay.

1 29 50.

Our stop is defined by the mean threshold 1 29 34.

So we can go about 10 or 15 pips below that.

So in that case, what we'll be looking at, what price level would

be will we be using if this was the data provider you're actually

trading on this with your platform?

And the mean threshold comes in at 1 29 34, we want to go 15 FIPs below that.

What would our.

Roughly 1 29 20.

Okay.

So 1 29 20 defines our risk.

There's your stop now?

Here's the, here's the problem.

Okay.

Folks.

See these types of trading things in books and such, and they'll

say, okay, here's the swing low?

And maybe this is the retracement.

They're going to put their stop loss where everybody else out there and

trading where's your stop-loss going to be

under this low.

Right.

And it's going to be what, 10 or 20 pips below that low.

Isn't that?

What you all learned?

Put your stop bloke old, low 10 to 20 pips below it because

it's protected under there.

When we've been teaching that the stock runs go 10 to 20 pips.

So my question to you is this, is this a bad idea?

Putting a stop-loss up here above the low?

Why, why is this not a bad idea?

This is important.

Why is it not a bad idea?

Multiple reasons, but specifically why?

Number one, it preserves equity.

It has a lower stock at risk.

It allows you to trade with more leverage defined by your risk parameters.

Okay.

We're only going to, we're going to assume a risk of one and a half percent.

Okay.

But here's the, here's the thought process.

If this market trades down below the mean threshold, say it does that say it

trades down here and it goes to 1 29, 20.

Is it likely to stop at 1 29 and go back up and make you feel.

It can always do that.

But I'm saying in terms of probability, if this market trades

down through there and hits 1 29 20, think about what we got over here.

Is it going to go down the 1 29, 20, stop there and go back up 190 pips.

No, it's going to do what if it goes down the 1 29 20, it's going to likely

going to do what with these lows,

it's going to blow through them.

So my question is this.

If we see a tray idea that's framed and we can see the mean threshold

where institutional support should be found, the algos should not deliver

price much, much lower than 1 29 34.

They can touch it because there's going to be a deviation from what the interbank

data feeds are with the price engines.

When they deliver price, that interbank pricing is going to be slightly different

than what we see in our platforms.

And they, and you have to allow that if you're going to be nuts

about it, it has to be this, or have to be that you're going to.

We're going to lose your mind.

You're going to force things that can't happen for you in terms of

consistency, but you can trade in this gray area where we can see where the

probabilities are stacked in our favor.

We can define our risk and have our stock higher than what would be

otherwise placed with other traders.

By having a smaller stock, relative to where the old low

is, we can use more leverage.

Now it doesn't mean we're incurring a larger risk.

We're just making it stop frame around a smaller stop loss.

Do you understand that before I go further?

Do you have, does anyone not understand what I just said?

Okay.

So now if we are going to be a buyer at 1 29 50, I want to

limit our stops at 1 29 20.

What is our total pips?

Okay.

Now I'm, here's the question for you.

If we have framed the trade with we're trying to make one and a

half percent for the week to see this, we see this as a buy 1 29 50.

Now I'm using 1 29, 50 as the worst possible high end

entry notice I'm doing that.

I'm not giving us the low end rate below the low buying all limit.

That's what you really would be doing, but I'm just giving you an example

of using the highest potential area to be trading on a limit basis.

Buying at 1 29 50 price would be down here and you'd be losing money.

Initially, you do you understand that initially you'd be underwater

to the tune of about 15 pips now, knowing what you know now that might

not be that big of a deal, but before learning what I'm teaching you,

you'd probably be squirming, right?

Oh, man, please don't hit my stop.

Oh man.

Please don't go down there.

All of a sudden you're a Christian.

You're praying to God.

Please let 1 29 35 stay intact.

You bring it up.

You're breaking up the holy Mary Cross and doing hail Marys and everything else.

Bottom line is you're not thinking about the trade.

You're hoping and praying.

Now.

I'm not saying praying in good praying is good, but in the scope

of trade psychology, you need to focus on what's in the charts.

Okay.

So if we see 1 29, 50, as it limited by we defined our risk of wines.

1 29, 20, we have 30 pips exposure.

So if we have a thousand dollar account, okay.

If we have a thousand dollar account and we want to risk one

and a half percent, that's $15.

Is everyone agree on that?

Okay.

How many pips do we need?

If we do a gearing of one-to-one, if we're gonna, if we're going to

trade with one and a half percent risk with the expectation of making

one a half percent risk reward, how many pips are we looking to make

30 for 30?

Right.

So what we need is

from our entry.

Zoom in and it'll become clear as I get tighter on this is give me a second.

Let me flush this out a little bit.

If we're buying at 1 29 50, or stock down here for 30 pips from this

price point here up to 29, 80 that's one-to-one gearing now, whereas we

risked one for one to be made as reward.

So if we buy down here, even though we had about 15 pips draw down, okay.

When, if we can see a price movement up to 1 29, 80 that's one to one.

Um, Maria is asking a question to me.

I mean, hang on folks.

Don't say nothing real quick.

Uh, but how can we have a $15 risk if we are risking 30 pips?

Well, what's half.

If you have $15 and you divide it by 30, what do you end up?

In dollar terms, how much money would that be?

50 cents.

Right?

Okay.

So every PIP you'd be leveraging half of one micro lot,

see a standard lot would be like, would be 10, $10 per PIP.

That's a standard lot.

A micro lot would be $1 per PIP.

You're gonna be trading half of not.

I'm saying, I shouldn't say micro it's.

It's a mini lot, many law, not my grandma.

I'm not used to trading.

I'm sorry.

I apologize.

You have a standard lot, which is $10 per pit.

Then you have a mini lot, which is $1 per pit.

Then you have a micro lot.

So you'd be trading five micro lots or half of one mini

hope I didn't confuse you there, but it's basically your

leverage is going to be 50 cents.

Did I miss anybody up, everybody following along?

Only say, if you don't, if I messed you up or confused, you say so.

Okay.

Good.

All right.

All right.

Okay.

If we're trying to buy at 1 29 50, I want to limit, okay.

If we're trying to buy at 1 29 50, you would go into your trading

account and do something like this.

Um, if you were watching price trade down there live at 1 29 50, you would do this.

There you go.

That's what you would be buying.

Do you see that

you can't see the chart?

Tim's Tim saying he can't see the chart.

All right.

Um, does anybody else not see the chart?

Okay, so this would be one standard lot.

This would be five mini lots.

And you would change

the leveraging and gearing for this.

This would be 50 cents.

Can you say.

Yeah, Tim, if you can't see it, brother, I don't know what's going on.

It'll be in the recording.

I'm not sure why your, your connections try to close a webinar, come back

to it and see if that works for you.

I'll still be here when, when you come back.

Yeah, there you go.

Thanks.

So this would be 50 cents per PIP.

Okay.

Do you understand that, Maria?

Okay, so you'd be trading with that much gearing or leverage behind the trade.

So every time it moves higher in your favor, you're going to make 50 cents.

If it moves 30 pips, that's $15 profit.

If it moves 30 pips below your entry at 1 29 50 and hit your stop, you, you incur

a loss of one and a half percent or 15.

Okay.

So now our first objective for one-to-one reward, the risk would be 1 29 80.

Okay.

If we see

two to one that puts us right up above this old high, you see that it may

be a little difficult to see because of the coloring, but right here is

where I'm, I'm highly in that high.

See that.

So if we're buying down here, what did I teach you?

In regards to low liquidity, low, low liquidity, low resistance.

Liquidity runs.

Good grief.

What if we're buying?

What are we aiming for?

If we're buying, we're aiming for a previous high, why

what's above those highs?

Why is it high probability to see a buy run out a previous high

what's above those highs by stops.

That's going to be willing participants to take what off of your hands, some

of your lungs, it makes perfect sense for you to be able to be a buyer.

And you're going to find counterparties in the chart right

before you even get up there.

You're going to know they're going to be willing participants to buy it from you.

So we are hunting liquidity above this old high.

Okay.

So we have an objective for two to one here.

Now we're about to take it, make a big step forward.

Okay.

We're or I I'm sorry.

The ideas we're buying at 1 29 50 with a stop at 1 29 20, our risk

is one and a half percent to get one and a half percent profit.

It goes to 1 29 80.

We can move to a break.

Even we don't have any, we don't have any risk at that.

Why would that be?

Why would that be good to trail your stop loss up to 1 29 50?

Once you get above your first threshold of profit, once it trades above 1 29

80, what would you, what would you be thinking you don't want to see it come

down and give you a full stop, right?

No, I'm not saying take prof.

I'm not saying take the first profit yet.

We're not doing anything like that.

I'm saying if we went long at 1 29 50, and we go above, once it trades

through the first objective of 1 29 80, then we can start talking about moving

their stop-loss up because if it gets to 1 29 80, what is it showing us?

It's showing us a willingness that it wants to go higher.

Right?

So if it's going higher, If it's going up to 1 29, 80, where's the

liquidity at referenced at that price point here that gets the 1 29 80.

Whereas the liquidity yet we've already came down and took

these stocks out below the low.

So if it trades at 1 29 80, it's going to seek what deal the liquidity

above this old high back here.

Okay.

So we cannot trail our stop loss off at any capacity until we get

our first price objective met and it has to trade through it.

You can't just touch it.

It's got to go through it because it gives us willingness.

It shows us willingness and it wants to go higher.

If it goes to that level, it's probably very high probability that it's going to

reach for the liquidity above that high.

Does it do it here on this candle?

Look again, Ron, does this candle trade through the 1 29 80.

So now at this moment here, what can we do?

Our stop loss is right now, it's at 1 29 20.

What can we do it to stop?

You can move it to breakeven.

Yes.

You can take something off and pay yourself.

Or you can just move it up to the main threshold or you can go just above the

mean threshold rate below the bodies of these candles, not the wicks.

So I'm going to ask you as a, uh, as a poll, what would all of

you do given the situation which you see in the charts right now?

Where would you move your stop at it's?

Everybody would be starting at 1 29, 20, but where would all of you

reasonably move your stop or would you.

A lot of folks say mean threshold.

A lot of folks saying break even.

Okay, well, I'm gonna, I'm gonna, I'm gonna go with the majority.

Everyone's saying break breakeven.

Okay.

So we're gonna run our stock all the way up to 29 51, 29 50 price is running out.

It hits our first objective.

What do you see there?

You're watching price.

Now you jammed your stop all the way up to break, even what are you feeling?

So, yeah, all of a sudden you're like, oh, maybe I shouldn't have moved.

That stopped so quickly.

Do you remember what we talked about in the early portion of September, where

I talked about managing your positions, you want to focus more of your attention

and energy on where the market may reach.

Okay.

So at this price point, right in here, when, when we see this

down candle, admittedly, okay.

Honest, be honest.

I'm the only one that can see your responses here.

Nobody else can see it.

If you see that down candle like that, how many of you were thinking, let me move.

Let me make my stop lower again.

So now here's my question to you.

If you feel the willingness to want to move your stop down,

does that indicate that you were premature about moving it higher?

So where's your focus going to be?

Where's your gun.

If you have your stop jammed up to the break, even where's your focus going to

be most heavily placed, worrying about the losing or managing whether or not

it shows signs that it wants to go.

You're going to be monitoring the, the, the potential of the market, hitting

that stop versus studying the price action, saying, okay, is price going

to find support at this down candle?

Because this is the last day I'm counting before they see this up move here.

So there should be some institutional support at this down candle.

Right?

So if we see a little bit of retracement that's okay.

It's expected.

Allow institutional order flow allows price to retrace a little

bit for new buying smart money does not buy one up handles.

Correct.

Now here's a big note taking session.

Okay.

If you buy something, you need to see the market trade away from the order blocked.

It started to move, which is this down candle.

It's the or block number who buys when the market trades.

Who's doing their buying when the market trades lower smart money banks.

Okay.

They have to do that because they won't get efficient pricing

when the market's trading higher.

So if we see the market run through here, if you're going

to jam your stop off, okay.

It's still has to be below what point of that down candle.

I mean threshold because price can still come down and trade a little bit into that

candle and still be valid to go higher.

So my question now is for the stop from 1 29, 20 being managed higher, where would

you knowing what I'm telling you now?

Where would you be reasonably safe and still efficiently trading

this, but still lowering your risk

below here.

A lot of your sand below the bodies of these candles in here.

And is this what you're talking about?

A lot of people saying, yeah.

And a couple of people saying middle of the, the down candle here too, but what's,

what's below these equal bodies here.

The wicks only traded down there, right?

So the bulk of the volume is here and we shown a willingness to go higher.

And this is also above what the base of this swing starts down here.

This is the beginning point.

So that order block here is what is the parent.

This is what stems, all of the buying from this level here, 1 29, 34, the

middle of that down candle, everything above that price point needs to

be subordinate to this level here.

So this is like the basic pivot point when price moves away from

that, anytime it creates a down candle price needs to support.

We trade through this down candle to run the stops.

And then we show a willingness to be, uh, respecting the same level of

mean threshold of this down candle.

So we see willingness to buying here, but we now have this

new bullish, shorter block.

So what is this order block relative to this order block?

Is this or blocked subordinate or should it support this buying candle over here?

Or should we expect this candle to be given up?

It supports it?

So if it's going to support the bind that was established here,

the air arche is that this candle should not give up it's ground.

So in incest, in essence, it becomes a propulsion candle.

It needs to propel price away from its parent.

This establishes the order flow this down candle.

Why just price moves higher.

We have an impulse price swing here.

Price comes down, respects the initial order blocks.

The downtowns.

That means where all the buying originally started from when it

traded to it again, it showed willingness to support that idea.

Why?

Because price moved away quickly because it moves through that down candle.

This is now a propulsion candle.

This candle is not allowed to give up its mean threshold.

It can not do it.

If it does.

The trade is no good.

It's no good.

You cannot hold a trade any longer.

You don't need it to trade down here and get close to your thought.

And you just know once the middle of this candle is given up its

ghost, it's over Colossae trade.

Wait for the next opportunity.

If you don't listen to me and take that in your notes and use

it in your charts, you're going to lose money more than you need.

What do I mean by what does it mean by giving up?

You don't want to see this down candle violated with pricing going down.

In other words, once this down candle forms and it supports the previous

order block, you don't want this candle to give up the ground that

it's building the idea of support.

If price trades down through it died, idea is it's going to keep going lower.

Does that make sense?

Now

you don't want to see the middle of the body of the candle.

That's the main threshold.

Think about the name I gave it mean threshold means that's the ma if the

middle of the candle, and it's a threshold at which you do not want to see price

go down below when it's a bullshitter block and you don't want to see price

go above it when a bear shorter block.

So if this is a down candle, which is when we know smart money is okay, If trade,

if the price traits up through it, the down candle needs to be divided in half.

It's going to be supporting price from the middle point of that

down candle, up to its high.

And you want to see price be sensitive to that.

And you do not want to see a trade down below 1 29 50.

And in this case, you don't want to see your trade ever

trade down to a losing position.

Again, if it does probability shift to very, very unlikely.

So now, like what my question is, is if you know you're in at 1 29 50, and

your stock originated at 1 29 20, and you see this price action here, do you

want to jam your stop up the breakeven?

No, you don't.

You don't want to do that.

You do want to reduce the risk.

So you can go up to this price point here 1 29 34, because it's highly unlikely.

It's gonna get back down to that level.

And if it does, you don't want to be in the.

You want to have your stop loss in an area where it's economical and

just good business for you to be out of the trade at that point, not I'm

willing to take this as a maximum loss.

That's not how we, as professional traders use stop loss orders.

The stock is at a level where you want to be wrong, you know, you're

wrong on the trade idea and it has the least impact on equity.

Does that make sense?

Your stop will be at 1 29 34 or 1 29 35 rather.

I'm sorry.

And it's because it's the middle of this down candle right here.

That's where all the.

This is your institutional order flow stems from this down the channel here.

So your, your stock goes from 1 29, 20 to 1 29 35.

You've trimmed half of the risk off.

So now you're only trading 1.7, five of 1%.

Three-quarters of 1% risk.

The market has had created one little down candle here.

We want to watch, this is where you had been buying.

You want to be watching this now, as you watch the trade pan out, you want

to see sensitivity if it dips down and there you do not want to see it go

down below 1 29 50, because then you got to start worrying about whether

or not you want to keep that stop.

The next candle was it too.

Oh, what is this?

The low is what?

1 29 50.

Some of you might have gotten knocked out.

See that.

So we're watching this down candle.

We don't want to see it blues 1 29 50.

Okay.

What's this candle now support.

What is it showing us?

We had a down candle here.

What do we do now with this down candle,

we start monitoring whether or not this down candle supports price going

higher institutional order flow.

Your reference point now is this one.

It's now down candle.

So if we see higher pricing that we know that they bought down in this down candle,

how about this candle?

Does this support your idea of looking for hybrid?

How about that?

Okay.

So when you're watching trades pan out the way you're managing your

trade, you got to keep in context.

What you framed the trade around initially.

W what was the beginning basis point?

It's this down candle.

We had impulse price lag it retraces down, clear out some stops.

Our limit order was the worst possible entry for a long, which is 1 29 50.

It's the highest end.

It could have been a little bit lower to then below the lows over

here, a 1 29 45 could have been.

So using this idea when we're watching price, this is a, this is two to one

reward to risk buying at 1 29 50.

Getting out with a move above the old highs.

1 30, 40 there's three to one right there.

So if you risked one and a half percent buying at 1 29 50 and price goes up too,

1 30, 50, it's a hundred pips.

What, what did you actually make?

3, 2, 1.

So what's three times, one and a half percent.

That's four and a half percent on one trade, one trade.

You're not looking for a million trades.

You're looking just for one set up that you've managed and you watch

and you, you don't care about it.

Anything, except for that one trade.

Now think about this.

Remember when we were, I was asking you about this candle here and

we went trades through it here.

All the institutional focus is on what candle?

This one, right?

Remember I told you when we saw this candle here, trade down

and it trades off through it.

All of your attention goes onto this candle right here.

What just took place over here?

What are you seeing

to see that what's actually happening in here?

Exactly.

It's re accumulation.

They're recapitalizing, a bullish order block.

Do you think there was some buying in here?

So what are we, what am I highlighting here?

Look at the buyers of the candles.

See how the wicks dip down into that candle here.

You're dipping into that candle absorbing more.

What?

What's below this low.

I was asking you a question earlier when we first started this trade idea,

as an example, everybody's really quick to do what with their stop-loss

move it up, move it on up and jam on it.

You can't do that.

You ha you have to allow institutional order flow to indicate when it's

probable for you to move your stop up.

When we're looking at a bullish move, where is all your phones?

Down candles because the down candles are going to do what it's going to highlight.

What,

where are they institutional buying is it's not support resistance lines.

Okay.

You need to be focusing on the down candles when order flow

is suggested to go higher.

In other words, if the trend, if you want to say it like that, if the trend

is moving higher, if you think it's going to be higher, if you look at all

your price charts and this exactly what I want you to do, because you're going

to find out by the end of this week, how many opportunities there are for

you to easily do 6% every single month.

This is just one trade idea.

Okay.

And I believe me, I can, I'm going to use even less favorable conditions

and show you how it's very easy.

And in fact, we're going to do.

One and a half percent live this week, I'm going to do a trade

or an outline, the whole thing.

We're going to do it live in here and see, and we can see it and

want to do this every single week of the entire month of October.

And I'm going to show you framing it, how 6% is absolutely easy.

You're going to know why I'm doing it, where the stock is going to

be, where we move, all that stuff.

You're going to see all this stuff before it happens and explain it to you.

Okay?

But conceptually, everything I'm showing you here is everything that

we lead you into on the first month.

So if we have an expectation that we wanted to be a buyer down here relative

to the swing that was here to here, let me take all this business off now.

Okay.

Their impulse price swing was from this low up to this high.

Why is that important?

Because it broke market structure on the upside.

Are you ever here?

We reference old blows.

Was that not in your first month teaching?

Find your old lows, what's going to be a blow and old, low liquidity

pool that liquidity pool houses or contains what what's underneath an old

low sell stock or selling liquidity.

If the market goes down below an old low, and we think the market's going higher,

uh, institutionally our assumptions are immediately if a low is being

violated, what trading pattern is this?

Alan already knew where I was going to say before.

I said it.

See, I see that your anticipatory skills are already going on now.

Awesome.

So you're thinking that anything below this low, that's a buying opportunity.

Retail's not going to think this.

They're going to think this is support broken.

It's going lower because they're going to see this.

Tweezers.

Hi, I'm a false breakout.

A guarantee.

If I pull up some kind of indicator, it's gonna probably gonna give me

some kind of a bears diverges in here.

Let me just do it because I like doing that kind of stuff.

I like beating up on what I used to believe in.

I used to believe this crap I'm telling you.

It's crazy.

All right.

So here's your higher, high, higher high, and look at these indicators right here.

This is absolutely a cell.

Look at that right here.

Look at that.

Is that not a classic textbook bear cell?

I'm all over that.

That's that's obviously one of those bears wombat patterns

is a harmonic bears wombat.

Okay.

And what you want to do is you want to sell short here and use

your, uh, you know, I don't know where your stop would be, but the

wombats are really high probability.

So you can just get short there and just wait for a thousand pips

and everything will be great.

But the problem is that that's not what happen.

Okay, the problem is that that does not occur like that indicators are just going

to put you on the wrong side at the most inopportune time they want, they want you

to think when the price has gone below in a low that that's a break in support.

So therefore it's going to be a, any indication you're

going to see lower pricing.

And it's not, it's only going down to take out the selling side of the marketplace.

Okay.

So when you understand institutional order flow, you're looking for

obviously indications that they want to take the price higher.

How do we know that it has to take out a previous high?

Okay.

And if you can frame something down here on an institutional basis that

supports price going higher, you wait.

You're not waiting for some neon sign.

Okay.

Or some voice from the heavens to speak to you and say, Hey, look, it's time to buy.

You're waiting for price to break through a previous swing high.

When it does that, we have an impulse price lag.

You wait for price to go below equilibrium.

And if you can couple it with an old low that's a loaded deal.

You know, they're going to take price down here, take the liquidity out.

And then you watch price go higher.

And you, every time it creates a new down candle, you monitor how much

sensitivity there is in that candle.

Look at this.

It's obvious.

Isn't it.

Now for those that just started, that didn't get a chance to watch all the

videos on a day-to-day basis where we were talking about moves before the fact go

into specific levels and all that stuff.

This has got to feel like, oh, this is the same old hindsight crap.

There's hindsight in this teaching.

It has to be otherwise, you're never going to learn what I'm

talking about, but it's consistent.

It happens every single trading day.

But if you don't see these things, conceptually.

You're not going to understand why I'll explain it to you in just a few examples.

I'm going to show you over the course of this month.

It needs to be seen in your chart studying it.

Okay.

So four and a half percent payout just on one trade.

So if you have an objective that you're trying to make one and a half

percent return, all you needed to do is see 1 29 80 to pay that, which was

down here from your buying down here.

That right there is your one and a half percent.

It did that in two hours, three hours.

If you want to count the down, move here.

So inside of two and a half, three hours, you've made your one

and a half percent for the week.

And look, how much movement was there?

Was that a lot?

How much, how much time were you in the marketplace to make that 100%

not long at all?

Not long at all.

If we understand, excuse me, if we understand that this is a

phenomenon that repeats itself over and over and over again.

Okay.

If we wait for opportunities, market makes a highs.

Okay.

What happens to your market trades down?

It blows through an old, low, well, what does that mean?

Institutional workload is now shifted to the downside

so we can now do what?

Wait, we hurry up and wait,

we have a high down to this low.

Why am I picking this load?

Because this is the one that starts seeing the price movement.

All these, all these lows in here are all used in the time that they form,

but it never gets above equilibrium.

And I'll show you what I mean by that.

As price makes each one of these new lows from this price swing down after it breaks

these lows over here, price expands lower.

Does equilibrium get traded to from this low here?

No, it just keeps going lower.

So you keep moving your fed to the next level.

Does it get up to equilibrium here?

Not on that low.

It goes lower.

How about this low here?

It goes up through equilibrium.

It goes right up to what, what is this?

What is that?

Is that a discount or a premium?

It's at a premium.

We sell at premiums.

We want to sell it at a high price with the expectation of

a buying it back at a discount.

And we captured a difference in.

So, if we are looking at this retracement here, okay.

Price trades up to here, what would we, you say we expect to see in

terms of where your stock would be.

If you wanted to be a seller up here, we're just going to say you sold

it right in at 62% basement level.

That's the bottom of this up candle in here.

It's inside the bulk of this wick on this top candle here.

There's a lot of selling indications in that area right there.

So you can look to be a seller and have a stop.

What above here, where your stock would be oppose of, uh, of over here.

Some of you took the bait on that.

Your stop-loss would be above here.

Right?

As I was just saying, if you wanted to sell down here, your stops up here.

What's this candle over here, this up one.

This last up candle, right before the move down.

What is this?

Stop candle in the cake.

It's a bearish order block who sells in up moves,

banks, institutions, smart money.

So rate the rate above the middle of this candle is where your stock would be.

Well, this around until near five levels.

Okay.

So 1 30, 45 above the means threshold of this stop candle.

Plus you had to Defence above any rum on these equal highs.

So if you get short here, I don't know what that price is.

This thing's in my way, say sold short at a 1 30, 15, or

1 30, 10 once every 10 nights.

And I run a nice round number.

Okay.

It may have had about a 10 tips draw down as it ran into through that level.

Okay.

So you have to have a staff of 1 30, 45.

Selling it 1 30 10.

So how much has your, how much is your stuff in terms of tips?

35 pips.

Wait a minute, Michael, wait a minute.

You said 30 pips is the average stock.

Yeah, it is.

That's the average is X.

You want to, you want to have trades that give you about a 30 PIP stock.

If you're trading on an intraday basis and you're trading the daily

range, 30 pips is about right, but we're trading swing trades.

These are intraday swing trades.

So you're going to have to frame it on what the institutional

or flow is giving you.

So if you're locking your limit to only taking trades with 30 pips,

you're gonna miss some opportunities.

Okay.

So in here we have a 35 pips stop.

So if we have 35 picks.

There's your 35 PIP stop from that point on lower.

There's your one-to-one right there.

If it gets down to this price point here, you've already made.

One-to-one now forget that don't count the money institutional in order

flow wise, if we're selling here.

Okay.

And it's at a premium, where are you looking for price to go and wine at

this price point here, obviously it's in your charts, but I'm saying specifically

conceptually where's institutional order flow, going to seek liquidity at next.

Awesome.

Awesome.

Below this low right

now.

Think what else is on this chart?

Keep going over to the left.

What do you see?

Ben already saw it.

What's down here.

What's below these equal lows candy land, all kinds of cell stops below there.

So at the market wants to be sold at a premium where's the most logical area

where they're going to have the biggest injection of willing participants to

sell to because they have to buy it back.

If you're short to get out of your short position, you'd have to do what

you got to buy it back.

So you have to have participants to be willing to do what sell it to you.

So the institutional perspective is the bank is the bank is the supply house.

They are always on the sell side of the marketplace.

So they have to engineer and you sell me if this is not true, you're going to see

more double bottoms form in price action.

Then there are.

And the reason why is because they have to engineer liquidity in the form of

putting suggestions into price action, that this is a support level because the

normal capacity of delivery of price is that the central bank is the supplier.

They provide the sell side of the marketplace all the time.

They're the liquidity provider.

So they have to engineer willing participants on the fund level to

be counterparties at the sell side.

That way, when they, when they're going short, they have to have folks

believing that there's a reason to put a sell stock below there.

And then when price reaches for that level, those orders become what sell

orders at the market, which is where the market order, Martin, sorry,

market makers pair up their orders on shorts to cover or buy back from

those willing participants to sell it.

Do you understand it now?

So if we understand that this is where we're selling and

we've, we've outlined our stock.

If we're aiming using institutional or flow

1, 1, 2, 3, 3, 2, 1 a run on these stops right here, right on that

candle at 1 29 0 5, whatever it is.

Okay.

There's your three to one.

So if you're risking one and a half percent selling here, but a

stop here, all we did was reverse the idea we used over here.

Just want to sell.

This is where you would reach for liquidity.

The market should expand down, not to just any old level.

Okay.

Not to fly in swirl pattern.

It's going to go where the liquidity is right below these lows.

Look at the expenses.

See that.

So in the span of one week, well, of course it will be equivalent to

one week or really just three days, three days trading that's 9% return.

Right?

So my question is this, if you have low objectives, which is

what we're talking about over here, 6% per month, start there.

You have to have a target.

If this is not a good target to start with, I would tell you,

but it is, it's a good target.

Everybody does what with their training, y'all risk 2%

sometimes trade more than that.

But if you can't make a trade that pays that same amount of risk,

why are you putting the trades?

So if we can frame a trade that pays us one and a half percent, and

obviously we've seen very little is necessary to make that, see the

folks that tell you don't have these targets, don't have a weekly objective.

Cause you don't know what the market's going to give you.

That is a load of crap.

That's coming from somebody that does know has no idea what they're talking about.

They have no idea how to be consistent.

They aren't making money.

Okay.

They're only talking to you from a myopic stance that they have

not been able to do it themselves.

So therefore everybody else has to be forced in that same equation.

You can't do it either because I can't.

I'm telling you, you can, you absolutely can do this.

And now look, did I switch pairs?

Did I go to a different pair?

We stayed in one currency pair.

Right?

Did I change timeframe?

You do not need 50 frigging payers.

You don't need five.

You don't need 20.

Okay.

You just need one.

If you understand what price is telling you relative to premium

or discount, where are we at?

Institutional order flow?

Are we above an old high or below an old, low where's price

suggesting it's going to go.

Where's it supporting.

If, if, if prices moving higher, every down candle should be supported.

Now, watch what happens.

We have this down candle here, price lands through that, and it hit our objective.

We still have to consider this because it has not been traded to again until here.

Then we see the price expand.

Now may have to watch this down.

Candle price stays above it.

We create a down candle here.

Price goes through it to have to watch this candle here.

Look what happens, right?

What just took place on this candle right here, relative to this one.

It consumed its body after an expansive pricing action here.

This, this, this quick run-up.

When we see this down candle, give up the ghost or go lower right here.

Right here on this candle here, this body's consumed.

So what can we reasonably expect this market action right here to be?

What was this price action in here?

What was going on in there?

It cleared out all these equal highs.

Okay.

And price does what it trades softer.

In fact, if you go back here and look at it, that's the level that we

already noted before we talked about this before, and I haven't ever even

went there before it even went there.

We talked about that level.

So here it is here, panning out in the chart and it gives you evidence.

To support the idea that institutional flow is now shifting the down

candle should be supporting price.

It's not happening here.

And then I watched this, this down candle here.

We rate for this up move what's occurring over here.

It eats rate through that.

So now what do we have?

Institutional order flow is shifted to what side of the

marketplace is it still bullish?

It's bearish.

So now all you do is you wait, you start drawing your feet from

your high, down your low and wait for it to go above equilibrium.

If it does, then you start hunting optimal trade entries, coupled with

turtle soup cells or bare shoulder blocks.

It's that simple.

And you're gonna see this pan out every single day, the rest of this week, we're

going to talk about examples in hindsight, and I'm going to share with one before

I even do anything with it, I'm going to outline everything and why I'm doing it.

And you're going to see it unfold.

Okay.

But I want you to understand that it's not hard to do this 6% over here.

It's not hard to do that at all.

And if you do this, if you start with the 6% model, it's easy to expand on that.

See, that's my point.

If you sold here with your risk defined here, you only need profits

to get down to this level here.

That's it.

In one hour, you've already made.

Sorry about that.

I had to put a dad hat on here for a minute.

So if you're selling short here and you're trying to make that six one

and a half percent for the week, as soon as you get down to this

level here, you've already hit it.

You've already hit that.

So.

Um, the notes for September will be delivered at 9:00 PM.

Check the check, the thread.

I already had to update that last night and told her by, through the thread.

So even if you weren't aiming for these lows over here, just

this old, low running out, those stops below that low right there.

That's enough as well.

That's more than two to one.

So again, if you're making one and a half percent risk model, and you're

trying to make one to one gearing, you make 100% on this move here.

And if it gets two to one, you're making 3% right there.

Now check this out.

Say it never ever, ever gets down to your three to one.

And it gives you just two to one and you live in two to one payouts.

You're making over 12% a month.

Correct?

You guys fall asleep on me.

If you have a thousand dollar account and you make your bread

and butter setups, two to one,

your $1,000 becomes $3,895 in the course of one year

in 12 months, your thousand dollars over here.

If you're making 12%.

In other words, you're getting 3% per week.

Okay.

Your account grows to $3,895.

That's over 300% return, almost 400% return.

So now if you can get this model to three to one,

You're making 18% plus a week.

I'm sorry, I'm going on a week.

Listen to me.

So if you have a thousand dollars and you only live in 3, 2, 1 setups,

your $1,000 account becomes $7,287 a year in one year.

And if you live there

in two years, at the end of the two years, not taking any account for

taxation, you end up with $53,000.

So what do you think about that?

So here's your homework for the, uh, the rest of today.

And as we go through this week, I want you to go through the

charts and using what we've only shown so far for the first month.

Okay.

Only using that information and what I've outlined in terms of managing trades

and looking at institutional order flow.

As the market moves higher, you want to look at the down candle supporting price.

When you look at price like this, okay, I want you to go through your charts

and realistically go through just one currency pair, whatever currency

pair you picked for the beginning of this mentorship, you want to

understand that one pair intimately.

And if you go into the price action, like more, we're showing you.

It will give you a plethora of examples every single week.

There's an opportunity for you to do this.

And I want you to just reasonably aim for three to one, okay.

Look for three to one conditions and you see how often they pan out looking

for them in hindsight builds your understanding of what they look like.

So that way, when you start seeing them in real time, you'll know when I'm talking

about a specific setup, you'll be in agreement with why I believe it's there.

The last thing I want is for me to talk about how, if you hear me say, this is

a low resistance liquidity run, I want you to know 100% that that's a trade.

I have money in, and I'm not going to tell you anything beyond what I just said.

There, it's not an invitation.

It's not come on, jump on my back and let's do the same thing.

It's, I'm indicating that I'm in a trade.

So if I'm telling you I'm in a trade, that means I view this as the

highest probable setup for right.

With the least amount of risk and therefore you'll know what to look at

and why I believe that because you've seen enough of it in your own study.

Does that make sense?

Okay.

I'm going to close this session for today.

We've been at, uh, well, two hours now.

That's not what I want to do.

I want a daily basis.

I want to make a little bit more streamlined, but this is

the beginning of the new month.

So I'm going to give you some content to work with, get your gears going

and show you how much consistency.

The things that we've already showed just in the first month still are applicable.

And we're going to build on this every single month.

There's gonna be something added to it.

Okay.

But I'm going to end up talking my voice away and I won't be able to speak

to you tomorrow if I don't watch out.

So, um, I'm going to close this one.

I'm going to wish you a very pleasant afternoon.

Good luck and good trading and study.

Go into your charts.

Don't be fearful about these little objectives over here in terms of profits.

And don't listen to people that say don't make targets because targets are easy.

If you don't have a target, why are you trading every

trader out there has to target?

You have to, or otherwise you don't know what you're aiming for.

So at that have yourself a very, very pleasant afternoon.

I will get back with you all this evening.

Uh, I'll send you a recap and I'll post this video right now.

It's 10 o'clock in the morning.

New York time.

Give me til 11 o'clock.

Cause I still have to feed my little ones.

It's the Jewish holidays.

They says they're closed.

They're closed with school.

So I have to feed these little munchkins and then I'll, I'll get

back to with you and upload the video.

So if you missed it or came in late, you'll see it all in about an hour.

Okay.

Have a good afternoon.