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These are the user uploaded subtitles that are being translated: 1 00:00:04,520 --> 00:00:05,510 This candle here. 2 00:00:07,280 --> 00:00:10,640 It's opening is 1 30, 180 7. 3 00:00:12,490 --> 00:00:13,990 That's what's being highlighted here. 4 00:00:15,820 --> 00:00:20,290 IPTA will drop down below that price. 5 00:00:20,500 --> 00:00:22,510 Now it's going to be slightly different because everyone's 6 00:00:22,510 --> 00:00:23,500 going to have a little bit, 7 00:00:27,090 --> 00:00:27,600 is that better? 8 00:00:37,170 --> 00:00:38,670 Can you see a little bit better now on the dollar? 9 00:00:42,360 --> 00:00:44,640 If I, if I go, I going one more. 10 00:00:44,640 --> 00:00:45,660 Don't give you much to look at. 11 00:00:45,940 --> 00:00:47,250 That's just not enough to look at. 12 00:00:53,630 --> 00:00:55,370 Uh, you can see it now, what level it is. 13 00:00:55,370 --> 00:01:00,050 It's 96, 55, but I'm going to back out because I needed to, I need to 14 00:01:00,050 --> 00:01:03,440 see the expansion or the lack thereof. 15 00:01:05,269 --> 00:01:09,590 So when we're studying into the opening price at midnight, which is 16 00:01:09,800 --> 00:01:17,570 four GMT on this platform or Forex LTD, the, the level you want to 17 00:01:17,570 --> 00:01:18,920 be watching is that opening price. 18 00:01:20,180 --> 00:01:25,310 So if you're bullish, what is power three in the, that, below that 19 00:01:25,310 --> 00:01:27,710 opening price, they should be buying. 20 00:01:29,785 --> 00:01:32,425 So when price drops down here like this in London, 21 00:01:41,265 --> 00:01:42,105 what's going to happen. 22 00:01:42,105 --> 00:01:44,175 When price goes down below that in London, timeframe 23 00:01:49,375 --> 00:01:54,175 buying price goes up a little bit, comes back down. 24 00:01:54,175 --> 00:01:55,255 What time of day is this 25 00:02:00,575 --> 00:02:01,475 with time of day? 26 00:02:01,475 --> 00:02:03,605 Is this right? 27 00:02:03,634 --> 00:02:04,145 New York. 28 00:02:04,895 --> 00:02:07,414 So it's waited for news. 29 00:02:08,914 --> 00:02:10,055 It's weighted for the dollar. 30 00:02:10,145 --> 00:02:12,965 It starts spreading its wings higher going to run higher. 31 00:02:15,005 --> 00:02:16,535 So we're back below that opening price. 32 00:02:16,565 --> 00:02:20,375 Again, was there buying occurring below that opening price set at midnight? 33 00:02:25,065 --> 00:02:26,085 That's what I'm answering right now. 34 00:02:26,115 --> 00:02:29,235 Cliff cliff asking how do we, how do we know if we're going to be bullish? 35 00:02:31,905 --> 00:02:33,675 I'm giving you those definitions. 36 00:02:33,675 --> 00:02:33,975 Now. 37 00:02:34,785 --> 00:02:35,775 That's why I'm explaining to you. 38 00:02:35,785 --> 00:02:37,155 We didn't look for a cell this morning. 39 00:02:37,155 --> 00:02:38,535 We're looking primarily to be a buyer 40 00:02:42,325 --> 00:02:44,635 based on the fact that the dollar wants to go higher. 41 00:02:44,635 --> 00:02:44,965 Right? 42 00:02:45,535 --> 00:02:50,185 I mean, we, we identify that 96, 55 level on the daily timeframe, correct? 43 00:02:58,045 --> 00:02:58,345 Okay. 44 00:02:58,345 --> 00:03:03,385 So if we're going to see the dollar daily chart potentially 45 00:03:03,385 --> 00:03:07,525 go up into 96, 55, there's a little bit of room still to go up. 46 00:03:09,205 --> 00:03:12,445 Dollar cat has not shown a willingness to take out its London low. 47 00:03:12,655 --> 00:03:15,145 It respected the bullish or block, even though it went down below 48 00:03:15,145 --> 00:03:19,675 the mean threshold it's focusing primarily on this opening price here. 49 00:03:22,805 --> 00:03:27,125 So when we're watching the opening price set at midnight, New York time, 50 00:03:28,085 --> 00:03:32,075 we're basically waiting to see, is there a willingness to get down below that 51 00:03:32,225 --> 00:03:36,395 opening price during specifically London? 52 00:03:36,905 --> 00:03:41,975 That's how you trade London setups when we're trading New York setups. 53 00:03:42,305 --> 00:03:45,275 And if price comes back down below the opening price again, and 54 00:03:45,275 --> 00:03:47,645 we're in a range-bound profile. 55 00:03:49,995 --> 00:03:50,325 Excellent. 56 00:03:50,325 --> 00:03:50,775 Let me see. 57 00:03:52,485 --> 00:03:53,895 Let me see if I can pull up. 58 00:03:56,295 --> 00:03:57,225 Hang on one second. 59 00:04:04,865 --> 00:04:06,755 Right now I pause the presentation. 60 00:04:06,785 --> 00:04:08,045 I don't know what it looks like. 61 00:04:08,465 --> 00:04:09,875 Does it still show the charts? 62 00:04:10,055 --> 00:04:10,925 Just not moving? 63 00:04:15,465 --> 00:04:15,855 Okay. 64 00:04:17,205 --> 00:04:20,205 I'm going to pull up a profile and I want you to see. 65 00:04:43,310 --> 00:04:44,539 See if I can find it here. 66 00:05:09,310 --> 00:05:09,640 All right. 67 00:05:09,640 --> 00:05:11,500 Let's see if this shows up. 68 00:05:15,469 --> 00:05:15,650 Yeah. 69 00:05:15,690 --> 00:05:17,030 There's a picture of me and my underwear. 70 00:05:17,030 --> 00:05:17,690 I apologize. 71 00:05:17,690 --> 00:05:18,770 I grabbed the wrong photo. 72 00:05:22,700 --> 00:05:23,030 All right. 73 00:05:26,539 --> 00:05:32,240 The, uh, what we're looking at here is this is the potential market profile 74 00:05:32,240 --> 00:05:33,710 that we're we're trading under. 75 00:05:34,099 --> 00:05:34,549 Okay. 76 00:05:35,030 --> 00:05:36,169 We have the opening price. 77 00:05:37,190 --> 00:05:39,820 The market is going sideways, back and forth, up and down, 78 00:05:39,830 --> 00:05:40,909 up and down, up and down. 79 00:05:41,210 --> 00:05:46,280 And now between New York and London close now, what does that. 80 00:05:47,895 --> 00:05:51,585 New York session begins between seven o'clock in the morning, New York time. 81 00:05:52,215 --> 00:05:55,335 And the signal generally forms between eight o'clock in the 82 00:05:55,335 --> 00:05:56,715 morning and eight 30 in the morning. 83 00:05:56,715 --> 00:05:57,765 So have that in your notes. 84 00:05:58,395 --> 00:05:58,755 Okay. 85 00:05:59,385 --> 00:06:05,835 So if we see the market consolidating like this and indications are 86 00:06:05,835 --> 00:06:08,175 that there's probably going to be bullishness on the dollar. 87 00:06:09,015 --> 00:06:11,085 So if we're going to be seeing bullishness on the dollar, there's 88 00:06:11,085 --> 00:06:14,415 going to be a draw on higher prices for dollar based currencies that 89 00:06:14,415 --> 00:06:15,735 start with their name with the dollar. 90 00:06:15,735 --> 00:06:19,605 That means dollar swissy dollar Yan dollar cat. 91 00:06:20,025 --> 00:06:21,675 Now, why are we looking at dollar cab today? 92 00:06:21,705 --> 00:06:25,305 Because it had building permits coming at eight 30 and we had high impact 93 00:06:25,305 --> 00:06:32,805 news with unemployment numbers with the dollar itself at eight 30 as well. 94 00:06:33,255 --> 00:06:38,685 So we've had consolidation up into this point and we're still seeing 95 00:06:38,685 --> 00:06:40,575 dollar was spread its wings go higher. 96 00:06:40,845 --> 00:06:41,265 Okay. 97 00:06:41,505 --> 00:06:41,895 Reach for that. 98 00:06:41,905 --> 00:06:46,455 96 55 96, 60 level relative to those equal highs on the daily chart. 99 00:06:47,025 --> 00:06:48,945 Remember that's like a big magnet sitting up there. 100 00:06:49,425 --> 00:06:53,535 So what we were expecting to see is we want to see the 101 00:06:53,865 --> 00:06:56,745 range expand after New York. 102 00:06:57,015 --> 00:06:58,935 So that's why this profile is drawn out like this. 103 00:06:59,385 --> 00:07:02,685 And my thinking is, is this is what we're probably going to see unfold. 104 00:07:03,105 --> 00:07:07,815 Now, if New York session goes through this whole process of going slow, 105 00:07:08,265 --> 00:07:09,975 what would make it a London closed? 106 00:07:15,905 --> 00:07:17,555 10 o'clock news release. 107 00:07:17,585 --> 00:07:18,094 Exactly. 108 00:07:18,094 --> 00:07:18,604 Very good. 109 00:07:19,354 --> 00:07:22,294 If you have news at 10 o'clock, that's generally what you'll 110 00:07:22,294 --> 00:07:24,125 see the market expand then. 111 00:07:24,245 --> 00:07:28,175 So when I gave you these profiles in the free stuff, okay. 112 00:07:28,505 --> 00:07:31,955 The, the idea is don't just look at and say, well, that's neat. 113 00:07:32,015 --> 00:07:33,755 You know, I, it doesn't mean anything to me. 114 00:07:33,784 --> 00:07:37,294 No, you have to study it and you have to take every single trading day that you 115 00:07:37,294 --> 00:07:42,724 see in charts, logged them and define them in terms of the profiles that I gave you. 116 00:07:43,414 --> 00:07:48,755 And you'll see how, how very repeating, uh, the nature of how 117 00:07:48,755 --> 00:07:53,164 they repeat themselves and how easy they are really to, to classify 118 00:07:53,164 --> 00:07:54,695 and see the warning signs ahead. 119 00:07:55,174 --> 00:07:59,015 If the dollars bullish your, your dollar pairs are going to look like this. 120 00:07:59,164 --> 00:07:59,555 Okay. 121 00:07:59,555 --> 00:08:05,615 If, if we've already blew out an initial high, like we did this morning, 122 00:08:05,945 --> 00:08:08,525 so they're going to wait and see, is there any more significance go 123 00:08:08,525 --> 00:08:12,544 higher and then you'll see this late New York or late London close rally. 124 00:08:14,044 --> 00:08:15,034 Does that make sense? 125 00:08:21,865 --> 00:08:25,765 I know it seems it's if I know for some of you that are new, this seems 126 00:08:25,765 --> 00:08:27,995 so vague and it seems so fragmented. 127 00:08:28,015 --> 00:08:30,355 It you're asking, I need to know a step-by-step. 128 00:08:31,125 --> 00:08:34,005 Believe it or not, you are learning a step-by-step, but I have to 129 00:08:34,005 --> 00:08:36,225 give you the pieces individually. 130 00:08:36,434 --> 00:08:40,125 So that way, when I give you the entire plan of you do this, this, and this, 131 00:08:40,485 --> 00:08:44,865 you understand what you're going to be doing because each, each process okay. 132 00:08:45,064 --> 00:08:46,485 Needs to be understood intimately. 133 00:08:47,055 --> 00:08:48,735 Otherwise you're not going to be successful with it. 134 00:08:48,975 --> 00:08:49,665 And that's my goal. 135 00:08:49,665 --> 00:08:52,185 I want you to be very, very profitable. 136 00:08:52,425 --> 00:08:52,785 Okay. 137 00:08:53,985 --> 00:08:58,155 Uh, the last month of the mentorship, you actually get my, uh, PDF files 138 00:08:58,185 --> 00:09:02,925 that tells you exactly what to do from beginning to end step by step. 139 00:09:02,955 --> 00:09:08,495 When the weight where you stop and pause what it's like a flow chart, and you get 140 00:09:08,505 --> 00:09:16,035 it for swing trading, you get it for mega trades, you get it for scalping and you 141 00:09:16,035 --> 00:09:22,575 get it for one shot, one kill setups, but it's not going to do you any good without 142 00:09:22,575 --> 00:09:25,694 having an understanding of seeing these things over the course of several months, 143 00:09:26,415 --> 00:09:28,485 outlining it in defining what it means. 144 00:09:28,515 --> 00:09:28,785 Okay. 145 00:09:28,785 --> 00:09:32,955 So again, I could literally put it on the internet right now and it won't 146 00:09:32,985 --> 00:09:36,944 do you any good because there's terms that won't be understood, there's 147 00:09:36,944 --> 00:09:41,595 going to be specific reference points and it's not going to help you because 148 00:09:41,595 --> 00:09:42,525 you're like, well, what is this? 149 00:09:43,575 --> 00:09:45,735 It's, it's not, you got to learn some things still 150 00:09:52,064 --> 00:09:52,515 believe me. 151 00:09:52,515 --> 00:09:55,605 If there was a way for me to do it in less than 12 months, I will do it. 152 00:09:56,025 --> 00:09:57,585 It's a lot of time invested. 153 00:10:03,105 --> 00:10:03,314 All right. 154 00:10:03,314 --> 00:10:05,084 You should be seeing the charts again. 155 00:10:08,135 --> 00:10:08,464 Thank you. 156 00:10:08,464 --> 00:10:09,245 Appreciate that. 157 00:10:12,515 --> 00:10:15,245 So, uh, IFTA, what is, if though 158 00:10:34,704 --> 00:10:39,625 it's the interbank price delivery algorithm? 159 00:10:41,064 --> 00:10:42,385 Do you need me to spell that for you? 160 00:10:42,385 --> 00:10:43,344 Send it out in the, uh, 161 00:10:54,615 --> 00:10:55,064 okay. 162 00:10:55,995 --> 00:11:05,714 Is the interbank price delivery, algo rhythm. 163 00:11:13,275 --> 00:11:13,845 You see it? 164 00:11:15,015 --> 00:11:17,745 I should have sent it to everyone and you should be seeing it as a response. 165 00:11:19,454 --> 00:11:22,395 That's what separates the people that say they know what they're talking 166 00:11:22,395 --> 00:11:26,385 about and they work at the bank and then the people that know what I knew. 167 00:11:30,995 --> 00:11:35,765 That your understanding of that gives you the ability to do what you see me 168 00:11:35,765 --> 00:11:42,365 doing on a daily basis by calling the market and knowing why it should go there. 169 00:11:46,125 --> 00:11:47,084 It's still like this then 170 00:11:55,645 --> 00:12:00,145 it's my, it's my Maryland slang in, uh, my, what do you call it? 171 00:12:00,834 --> 00:12:01,285 Accent. 172 00:12:01,795 --> 00:12:02,905 It's my Maryland accent. 173 00:12:02,905 --> 00:12:03,685 It sounds like that 174 00:12:09,025 --> 00:12:13,645 sometimes I don't speak English as well as I should. 175 00:12:14,035 --> 00:12:16,464 That's why I like you folks over there in the UK. 176 00:12:17,005 --> 00:12:18,444 If I could speak like you I'd love it. 177 00:12:18,895 --> 00:12:20,094 I just can't get myself to do it. 178 00:12:24,984 --> 00:12:29,185 If the is interbank 179 00:12:32,484 --> 00:12:36,355 price delivery algo. 180 00:12:50,574 --> 00:12:50,785 Okay. 181 00:12:50,785 --> 00:12:51,355 You see that? 182 00:12:52,165 --> 00:12:52,915 Can you see it on the chart? 183 00:12:56,485 --> 00:12:56,814 There you go. 184 00:12:56,814 --> 00:13:04,344 So that's, that's what I'm teaching you to understand what it does. 185 00:13:05,515 --> 00:13:05,964 Okay. 186 00:13:06,385 --> 00:13:10,855 Now there's a lot of holes that I've not been able to bridge and there's 187 00:13:10,855 --> 00:13:15,204 no secret sauce later on in the meat, in this mentorship there, I'm going 188 00:13:15,204 --> 00:13:19,885 to admittedly tell you where the pockets are still for me, but when 189 00:13:19,885 --> 00:13:24,324 I learned what this is here, okay. 190 00:13:24,324 --> 00:13:27,714 And what it does on a daily day basis, once I understood what it 191 00:13:27,714 --> 00:13:34,824 was doing and how it efficiently allows the banking orders to come in. 192 00:13:36,355 --> 00:13:39,625 When we see price delivered by way of this algorithm. 193 00:13:40,045 --> 00:13:43,824 Now it's not an algorithm like it's, it's, it's like a fad name. 194 00:13:44,185 --> 00:13:47,214 You know, everybody says, well, I work at a prop shop or I'm going to 195 00:13:47,214 --> 00:13:52,194 work at a prop shop, or I'm working at this, uh, XYZ company, or I'm going to 196 00:13:52,194 --> 00:13:54,645 work for this, uh, this trading firm. 197 00:13:54,745 --> 00:13:58,135 And we got our own little algorithm and it's your algorithm. 198 00:13:58,135 --> 00:13:59,245 Doesn't do shit. 199 00:13:59,964 --> 00:14:00,805 It doesn't do anything. 200 00:14:01,194 --> 00:14:01,464 Okay. 201 00:14:01,464 --> 00:14:03,895 It doesn't do anything to push price around. 202 00:14:04,795 --> 00:14:10,974 I'm telling you what makes the bank price, these currency pairs. 203 00:14:11,395 --> 00:14:15,625 When they go to these levels, it's designed, it's all 204 00:14:15,685 --> 00:14:17,155 artificially intelligent. 205 00:14:17,185 --> 00:14:19,105 It's it's, it's completely. 206 00:14:20,100 --> 00:14:24,750 Completely dissociated from any human involvement anymore. 207 00:14:24,780 --> 00:14:27,959 It's completely and utterly driven electronically. 208 00:14:27,959 --> 00:14:33,270 Now, before in the early days, it would completely be ran by men. 209 00:14:33,579 --> 00:14:37,319 We would see them manipulate price and do it mechanically. 210 00:14:37,410 --> 00:14:37,860 Okay. 211 00:14:38,280 --> 00:14:45,510 Manually now because of efficiency, because of efficiency, you're seeing how 212 00:14:45,990 --> 00:14:50,640 it just does its own thing every single day, without any intervention at all. 213 00:14:51,090 --> 00:14:59,460 On the fact of humans, the central banks have gotten so sophisticated that 214 00:14:59,460 --> 00:15:06,000 the price engines that they use now, there's a lot of so-called theory about 215 00:15:06,540 --> 00:15:08,370 how price does this and does that. 216 00:15:08,880 --> 00:15:11,550 And for the most part, it's all full of shit. 217 00:15:11,640 --> 00:15:14,069 They don't make any sense and it's not true. 218 00:15:14,160 --> 00:15:15,240 It's absolutely not true. 219 00:15:15,870 --> 00:15:20,819 So if I don't know what I'm talking about, I would not be able to do 220 00:15:20,819 --> 00:15:22,589 what I do every single trading day. 221 00:15:22,800 --> 00:15:26,189 I tell you every single trading day, what the market's most likely going 222 00:15:26,189 --> 00:15:28,110 to do, and it goes many times, right? 223 00:15:28,110 --> 00:15:33,180 To the PIP that can't be justified by any other explanation, except for the 224 00:15:33,180 --> 00:15:36,210 fact that I understand what makes price go, where it's going to go before it 225 00:15:36,210 --> 00:15:43,079 doesn't and it's not going to be leaning on or founded on anything apart from 226 00:15:43,530 --> 00:15:45,449 the interbank price delivery algorithm. 227 00:15:50,300 --> 00:15:55,339 I can't, I can't tell you who told me to do how to do this. 228 00:15:55,640 --> 00:15:58,910 I can just tell you the folks that introduced me to it. 229 00:15:59,449 --> 00:15:59,959 Okay. 230 00:16:00,199 --> 00:16:05,020 Didn't sit me down and say, okay, um, this is what's going to happen to mark is 231 00:16:05,020 --> 00:16:09,230 going to do this and this and this, the fact that I saw what was being expected 232 00:16:10,459 --> 00:16:12,980 in that room and how that operate in it. 233 00:16:14,030 --> 00:16:18,140 What I saw in my own personal price charts, I bridged that two together. 234 00:16:19,280 --> 00:16:25,010 So while there is no market sitting down with me at lunch, over tea, okay. 235 00:16:25,010 --> 00:16:26,510 And telling me, Hey, this is how to do it. 236 00:16:27,589 --> 00:16:36,589 Um, it was a matter of me being pro uh, pro up poked and prodded to go into that 237 00:16:36,589 --> 00:16:40,430 industry and learn how to do that stuff. 238 00:16:40,430 --> 00:16:44,030 That, that goes on that I can't talk about yet, because you haven't signed anything. 239 00:16:44,660 --> 00:16:53,170 But when we do, when we do talk about it, you'll hear, um, yes. 240 00:16:53,230 --> 00:16:54,370 And you know who I'm talking to. 241 00:16:54,370 --> 00:16:57,280 And I, and I'm going to get all kinds of flack for that, but just understand that 242 00:16:57,280 --> 00:16:58,930 I can't talk about certain things yet. 243 00:17:00,370 --> 00:17:04,300 So, but I can tell you that the markets are absolutely 100% 244 00:17:04,300 --> 00:17:06,639 manipulated to the pit, to the pit. 245 00:17:07,329 --> 00:17:11,170 And if you understand what I'm going to teach you over the course 246 00:17:11,170 --> 00:17:14,710 of the remaining months here, you'll get these understandings. 247 00:17:16,480 --> 00:17:19,750 It's not, it's not going to be so hard for you to learn it, but 248 00:17:19,750 --> 00:17:23,980 it's going to be, it's going to be some tinfoil hat discussions. 249 00:17:25,040 --> 00:17:28,210 I mean, you gotta, you gotta accept that because that's really what it is. 250 00:17:33,610 --> 00:17:37,240 The, uh, yeah. 251 00:17:37,570 --> 00:17:41,500 The main thing is you're learning what makes the algorithm 252 00:17:41,500 --> 00:17:43,060 print the price that we see. 253 00:17:43,540 --> 00:17:49,000 So if you see that, okay, if you see the signs that it wants to do, what it's doing 254 00:17:49,449 --> 00:17:55,889 once the algorithm starts doing its next, um, repricing, the beautiful thing is, 255 00:17:55,889 --> 00:18:03,580 is that there's such a hard, uh, well, it's, it's a very strong probability. 256 00:18:03,879 --> 00:18:06,429 What you think may occur will happen. 257 00:18:06,970 --> 00:18:11,409 And it's almost like a self fulfilling prophecy because once you see the 258 00:18:11,409 --> 00:18:16,179 algorithm turn gears and it's moving to a specific price level and I'm teaching 259 00:18:16,179 --> 00:18:19,360 you how to do it, I've already really gave you all the price points that you're going 260 00:18:19,360 --> 00:18:21,370 to focus on for the entire 12 months. 261 00:18:22,240 --> 00:18:25,270 Everything I told you, what you're going to focus on, all we're going 262 00:18:25,270 --> 00:18:29,679 to do is amplify all the conditions that help you use those individual 263 00:18:30,220 --> 00:18:33,970 institutional reference points, liquidity pools, liquidity voids, fair value. 264 00:18:33,970 --> 00:18:36,879 When you use the top of the candle, when you use the middle of the candle, all of 265 00:18:36,879 --> 00:18:42,040 those things are the specifics that you have to learn with individual investors. 266 00:18:43,125 --> 00:18:45,465 And what's going to happen is, is this is what I mean by this. 267 00:18:46,064 --> 00:18:52,215 If you know one of those conditions and you, and you see it, the first one you 268 00:18:52,215 --> 00:18:56,294 see and you understand how it forms in the chart, I'm telling you, that's going 269 00:18:56,294 --> 00:18:57,554 to be your bread and butter set up. 270 00:18:57,614 --> 00:18:59,625 It just that's the way it ends up happening all the time. 271 00:19:00,014 --> 00:19:01,304 All the time, it happens that way. 272 00:19:01,725 --> 00:19:04,574 Every person that's ever paid me to do this and teach them. 273 00:19:04,965 --> 00:19:07,875 They've all, all came to one trade. 274 00:19:07,935 --> 00:19:09,254 That was the first one they seen. 275 00:19:09,554 --> 00:19:11,175 And they, and that's the one they make money on. 276 00:19:11,324 --> 00:19:12,344 They that's all they do. 277 00:19:12,344 --> 00:19:13,455 They focus primarily on it. 278 00:19:13,814 --> 00:19:17,264 They tinker with the other ones just to practice and understand the algo 279 00:19:17,264 --> 00:19:20,955 better, but they're making their living and making their money, running their 280 00:19:20,955 --> 00:19:23,084 business, or their prop firm trading. 281 00:19:23,084 --> 00:19:25,844 They're teaching their traders, how to trade all that stuff. 282 00:19:26,054 --> 00:19:31,905 They're leaning on that one set up, but it's all based on Ellipta. 283 00:19:33,564 --> 00:19:38,245 Once you understand the delivery of price and why it's doing what 284 00:19:38,245 --> 00:19:41,245 it's going to do, there's no fear. 285 00:19:41,425 --> 00:19:42,564 You won't worry about it. 286 00:19:42,564 --> 00:19:44,064 You're not going to have any anxiety. 287 00:19:44,064 --> 00:19:46,435 You're not going to be concerned about whether you're not you're 288 00:19:46,435 --> 00:19:48,564 going to make money or lose money, or are you going to miss a trade? 289 00:19:48,925 --> 00:19:49,435 Who cares? 290 00:19:56,004 --> 00:19:56,784 That's a good question. 291 00:19:56,844 --> 00:20:04,804 Um, can we say that the us dollar index swept the equal highs now for two pips? 292 00:20:05,165 --> 00:20:06,485 Uh, th that would be a sweet. 293 00:20:07,410 --> 00:20:10,470 Um, but it's really just a probing of that level. 294 00:20:10,890 --> 00:20:11,550 I would expect. 295 00:20:11,580 --> 00:20:15,240 Cause look at the time right now it's only 9 27, 9 28. 296 00:20:15,240 --> 00:20:17,280 Now what's about to happen in two minutes. 297 00:20:18,690 --> 00:20:21,360 What other reference point do we have to consider ourselves with around this time? 298 00:20:25,470 --> 00:20:26,880 Yeah, you're not gonna find anything. 299 00:20:27,830 --> 00:20:30,570 I got a couple people telling me they Googling IPTA you're not going 300 00:20:30,570 --> 00:20:33,540 to find if the, you only heard about that because you paid to be here and 301 00:20:33,540 --> 00:20:36,300 I don't want you talking about it as a, don't be putting it on Twitter. 302 00:20:36,600 --> 00:20:40,560 Don't be putting it on, uh, you know, if you have YouTube channels and you're doing 303 00:20:40,560 --> 00:20:42,060 videos, don't be talking about this stuff. 304 00:20:47,170 --> 00:20:49,000 You have equities opening in about a minute. 305 00:20:49,390 --> 00:20:49,780 Okay. 306 00:20:50,200 --> 00:20:52,210 So we may see range expansion after that. 307 00:20:54,420 --> 00:20:59,370 And it may drive through if we're looking for price to go to like equal 308 00:20:59,370 --> 00:21:00,660 highs like that on a daily chart. 309 00:21:01,140 --> 00:21:04,470 Um, many times it won't just go to that level just a little bit. 310 00:21:04,470 --> 00:21:07,830 It will, it'll want to dry through that, because think if it's a 311 00:21:07,830 --> 00:21:13,050 daily chart that we referenced this level, 96, 55, that's a daily chart. 312 00:21:13,590 --> 00:21:15,870 So orders are going to be a little bit above that. 313 00:21:15,900 --> 00:21:16,320 Aren't they? 314 00:21:16,380 --> 00:21:19,200 I mean, it would be safe to assume that there's more orders above 315 00:21:19,200 --> 00:21:20,430 that then just right at that level. 316 00:21:20,430 --> 00:21:20,820 Correct. 317 00:21:25,830 --> 00:21:28,110 So what we're going to do is run a combine. 318 00:21:28,680 --> 00:21:29,160 Okay. 319 00:21:29,550 --> 00:21:30,900 Combined time of day. 320 00:21:32,185 --> 00:21:33,355 Think about that battery life. 321 00:21:33,385 --> 00:21:33,745 Okay. 322 00:21:34,315 --> 00:21:36,565 The trading days, like your cell phone battery. 323 00:21:36,655 --> 00:21:36,925 Okay. 324 00:21:36,925 --> 00:21:38,545 A little bar up in the upper right-hand corner. 325 00:21:38,875 --> 00:21:40,375 You, how much of that batteries left? 326 00:21:40,645 --> 00:21:43,315 We have a little bit, we've got about 30 minutes, maybe 90 327 00:21:43,315 --> 00:21:44,575 minutes left of the trading day. 328 00:21:44,995 --> 00:21:47,695 So it could expand a little bit more. 329 00:21:47,695 --> 00:21:49,195 Plus we have news at 10 o'clock. 330 00:21:49,705 --> 00:21:51,325 So what does that do for our time of day? 331 00:21:52,105 --> 00:21:53,185 It extends it doesn't it. 332 00:21:59,855 --> 00:22:04,025 So while 10 o'clock to 11 o'clock in the morning, when you have one sided flows 333 00:22:04,025 --> 00:22:07,505 from London, that means if it's a bullish day, you want to be looking to take your 334 00:22:07,505 --> 00:22:10,655 profits near the high today, forming in between 10 o'clock in the morning and 11 335 00:22:10,655 --> 00:22:12,485 o'clock in the morning, New York time. 336 00:22:13,925 --> 00:22:17,975 If you have news at 10 o'clock or 10 30 in that hour, between 10 and 11 337 00:22:17,975 --> 00:22:24,095 o'clock New York time, that's going to extend that, that time effect of 338 00:22:24,425 --> 00:22:30,335 profit taking it will make the daily high, maybe beyond noon, New York time. 339 00:22:30,935 --> 00:22:31,175 Okay. 340 00:22:31,175 --> 00:22:33,155 So you have to allow for that. 341 00:22:33,425 --> 00:22:37,745 If there's no 10 o'clock or 10 30 news event or 11 o'clock, if sometimes it 342 00:22:37,745 --> 00:22:43,715 comes out, then you always take profits at the 10 to 11 o'clock in the morning, 343 00:22:43,715 --> 00:22:45,875 our New York time that's a standard. 344 00:22:45,875 --> 00:22:46,385 You just do it. 345 00:23:03,425 --> 00:23:03,725 Okay. 346 00:23:03,725 --> 00:23:06,725 Here's, here's a lot of repeating questions too, that I get 347 00:23:06,725 --> 00:23:07,775 and it's happening here now. 348 00:23:07,805 --> 00:23:11,375 And I get an email folks will say, okay. 349 00:23:11,495 --> 00:23:18,155 Um, if I look at this daily high, that 96, 55 level relative to those equal 350 00:23:18,155 --> 00:23:25,895 highs, the question is okay, because you see those equal highs and you 351 00:23:25,895 --> 00:23:28,445 see those buy stops getting ran down. 352 00:23:28,805 --> 00:23:32,465 Is that not a short, are we selling right now? 353 00:23:32,495 --> 00:23:33,575 Are we looking for a cell? 354 00:23:35,165 --> 00:23:36,095 Put a number one? 355 00:23:36,425 --> 00:23:41,065 That's what you're thinking, or if ever thought that no other words. 356 00:23:41,065 --> 00:23:45,775 If we see equal highs and the market runs up there, is that a cell? 357 00:23:45,985 --> 00:23:47,305 Do you think that that's what that means? 358 00:23:51,085 --> 00:23:52,045 Sometimes it is. 359 00:23:53,545 --> 00:23:56,575 That's part of why we got to do these exercises and give 360 00:23:56,575 --> 00:23:59,035 yourself time to see examples. 361 00:23:59,605 --> 00:24:00,625 But I look at it. 362 00:24:00,715 --> 00:24:03,805 In other words, if we're below those levels, if we're below the equal highs. 363 00:24:04,135 --> 00:24:04,615 Okay. 364 00:24:05,905 --> 00:24:09,025 What, what are those equal highs going to do for price? 365 00:24:10,195 --> 00:24:12,985 Is it going to repel price or it's going to draw price up. 366 00:24:16,035 --> 00:24:16,485 Okay. 367 00:24:16,635 --> 00:24:20,925 So now think if we're below those equal highs, like we have been for the day. 368 00:24:21,885 --> 00:24:22,185 Okay. 369 00:24:22,185 --> 00:24:27,255 And we talked about this area being potentially used as upside objectives. 370 00:24:28,575 --> 00:24:35,685 That means what is the underlying bias for the dollar bullish, right? 371 00:24:36,315 --> 00:24:41,565 So if you're seeing a bullish market, why would you want to sell that market? 372 00:24:42,075 --> 00:24:45,135 It hasn't given you any indications yet that it's going to go lower. 373 00:24:45,825 --> 00:24:47,715 That's what you're trying to do with turtle soups. 374 00:24:48,225 --> 00:24:51,615 You're looking at every previous high being violated as a sell, 375 00:24:52,275 --> 00:24:53,805 and it doesn't work that easy. 376 00:24:53,805 --> 00:24:55,725 You have to have some context behind it. 377 00:24:56,265 --> 00:25:04,215 Now let's say for instance, that the dollar was any primary downtrend and we 378 00:25:04,215 --> 00:25:08,535 saw those equal highs like that in price goes up there and maybe it runs to 96 60. 379 00:25:09,675 --> 00:25:16,845 Then that would be a sell because you have the context of the marketplace being 380 00:25:16,845 --> 00:25:19,575 already underlying weak, it's going lower. 381 00:25:19,575 --> 00:25:23,565 It wants to be going lower and there's equal highs would be by stop 382 00:25:23,565 --> 00:25:27,345 on individuals that have trailed it tightly on short positions 383 00:25:27,345 --> 00:25:29,415 that are already open running. 384 00:25:29,415 --> 00:25:33,615 Those stops would give the market makers and opportunities to unseat those 385 00:25:33,615 --> 00:25:36,975 individuals that will be profitable on the next new, lower price swing. 386 00:25:40,605 --> 00:25:42,215 Does that make sense or did I lose. 387 00:25:52,800 --> 00:25:53,070 Okay. 388 00:25:53,070 --> 00:25:54,000 Let's look at it this way. 389 00:25:55,770 --> 00:25:56,910 If you go out to the daily, 390 00:26:14,150 --> 00:26:15,200 put this box over here. 391 00:26:20,150 --> 00:26:20,360 All right. 392 00:26:20,360 --> 00:26:21,350 So this is the daily chart. 393 00:26:25,320 --> 00:26:25,980 $1. 394 00:26:27,660 --> 00:26:27,990 Okay. 395 00:26:28,020 --> 00:26:33,390 We've been moving higher since April, 2016, higher, higher, higher, higher. 396 00:26:34,590 --> 00:26:38,280 It's been wanting to go, excuse me. 397 00:26:39,900 --> 00:26:42,720 It's been wanting to go higher every time he goes lower. 398 00:26:42,720 --> 00:26:44,280 It's just reaccumulated more lungs. 399 00:26:44,730 --> 00:26:45,120 Okay. 400 00:26:45,870 --> 00:26:49,740 So if we see equal highs like this, okay. 401 00:26:50,460 --> 00:26:54,000 And we're down here as we were describing earlier, all that's going 402 00:26:54,000 --> 00:26:59,430 to do is want to draw price up to it in an underlying bull market. 403 00:27:00,870 --> 00:27:08,150 If we look at it weekly chart on the dollar, is that a fair. 404 00:27:16,070 --> 00:27:17,300 Looking at all this what's this 405 00:27:21,110 --> 00:27:22,190 go ahead and pull market, man. 406 00:27:22,370 --> 00:27:23,270 This is a bullish market. 407 00:27:23,960 --> 00:27:28,940 So if you have long-term trend bullish on a weekly and you have 408 00:27:28,940 --> 00:27:31,310 a Bush environment on a daily, 409 00:27:34,700 --> 00:27:38,390 these equal highs are just going to be objectives to draw price up to it. 410 00:27:38,540 --> 00:27:39,860 That's all it's going to do. 411 00:27:41,180 --> 00:27:41,570 Okay. 412 00:27:41,750 --> 00:27:44,600 So their objectives for you to take profits in your 413 00:27:44,600 --> 00:27:46,310 long position on the dollar. 414 00:27:52,480 --> 00:27:58,060 So by having these, these ideas of looking for turtle soups, uh, running 415 00:27:58,060 --> 00:28:02,200 out previous highs to go short, unless you're really short term day trading, 416 00:28:02,650 --> 00:28:07,090 um, you want to try to avoid doing that and only focused on turtle soups that are 417 00:28:07,090 --> 00:28:10,450 running out lows when you have a primary bull market, or if you know, underlying 418 00:28:10,450 --> 00:28:16,600 bullish market relative to the daily or weekly, if you focus on buying old 419 00:28:16,600 --> 00:28:20,920 lows, once those loads are violated, when you're going to primary bullish market. 420 00:28:20,920 --> 00:28:23,380 In other words, if you think the daily charts going higher, 421 00:28:23,860 --> 00:28:24,880 okay, how do we do that? 422 00:28:25,270 --> 00:28:27,820 We'll you got to see bullish or blocks being respected. 423 00:28:28,300 --> 00:28:30,550 We have to see resistance or old highs being broken. 424 00:28:31,960 --> 00:28:35,110 And there has to be areas that where there is like equal highs 425 00:28:35,110 --> 00:28:36,760 here, we have a liquidity void. 426 00:28:38,190 --> 00:28:41,370 All that stuff needs to be considered in all days will be 427 00:28:41,370 --> 00:28:43,200 factored in for upside objectives. 428 00:28:43,710 --> 00:28:47,400 Since that's the case, the market's going to want to draw all up into those areas. 429 00:28:48,810 --> 00:28:53,070 So if that's what's going on these reference points that I've told you 430 00:28:53,070 --> 00:28:58,920 to focus on in September, they're not areas to sell short at in this 431 00:28:58,920 --> 00:29:01,110 context, the market's bullish. 432 00:29:01,740 --> 00:29:03,150 So how would you use those tools? 433 00:29:03,540 --> 00:29:06,960 You would look for false breaks below old lows. 434 00:29:07,320 --> 00:29:08,880 That would be a run on what kind of stop 435 00:29:13,790 --> 00:29:14,510 sell stops. 436 00:29:15,890 --> 00:29:18,860 Why would they want to take cell stops out in a bullish market 437 00:29:24,340 --> 00:29:27,760 to assume positions long from no cell stops. 438 00:29:28,090 --> 00:29:32,410 They have willing liquidity that wants to sell to them at a low price. 439 00:29:32,920 --> 00:29:36,220 They will gladly buy it at a low price because they're going to take it higher. 440 00:29:37,750 --> 00:29:42,190 So when we use these reference points that we talked about specifically, what 441 00:29:42,190 --> 00:29:47,740 to focus on in September's content, all you have all those same things 442 00:29:47,740 --> 00:29:51,250 we're going to talk about for the rest of this mentorship, but the context 443 00:29:51,250 --> 00:29:53,320 of where you use them is important. 444 00:29:54,010 --> 00:29:56,260 It's not simply bull shorter blocks and bears shorter blocks. 445 00:29:56,260 --> 00:30:00,850 That's why some of the trolls, they get minimal success and they still 446 00:30:00,850 --> 00:30:04,570 follow my, uh, my work in free tutorials, but they pop shot at me. 447 00:30:04,810 --> 00:30:05,080 Okay. 448 00:30:05,080 --> 00:30:06,880 Because they don't know how to use them in the right time. 449 00:30:07,605 --> 00:30:11,445 So therefore everything that I do is fake or it's hindsight, it's only demo. 450 00:30:11,595 --> 00:30:15,465 It doesn't work, but you're seeing how it's done every single day. 451 00:30:15,495 --> 00:30:16,755 You're here every single day with me. 452 00:30:16,755 --> 00:30:17,325 And you're seeing it. 453 00:30:18,285 --> 00:30:22,215 I'm giving you exact exercises to see what it's like to be 454 00:30:22,215 --> 00:30:24,015 engaging with both sides of it. 455 00:30:24,795 --> 00:30:29,085 And by forcing you to have exercises in both sides of being in a bullish market 456 00:30:29,085 --> 00:30:32,805 and in a bearish market, but forcing you to use the concepts, you're going 457 00:30:32,805 --> 00:30:36,885 to see how easy it is for the tools to work when they're used properly. 458 00:30:38,055 --> 00:30:41,115 And you're going to see why it's not advantageous for you to force 459 00:30:41,835 --> 00:30:45,405 an idea of selling a turtle soup pie, or buying a turtle soup blow 460 00:30:45,735 --> 00:30:48,735 without having the context of what the marketplace is most likely going to do. 461 00:30:49,575 --> 00:30:52,635 And that's going to be framing, you know, an Ellipta what under the 462 00:30:52,635 --> 00:30:54,045 algos is going to do with price. 463 00:30:55,065 --> 00:30:57,735 That's the underlying truth period. 464 00:30:59,295 --> 00:30:59,895 So if 465 00:31:04,335 --> 00:31:06,855 all these, all, every market out there that trades uses 466 00:31:06,855 --> 00:31:08,535 this stuff, it's the same. 467 00:31:08,595 --> 00:31:09,405 It's the same thing. 468 00:31:09,675 --> 00:31:11,325 It doesn't matter what asset class you look at. 469 00:31:21,335 --> 00:31:25,685 Uh, Christine's asking why would we be considering the beginning of August from 470 00:31:25,685 --> 00:31:27,995 the daily, the us dollar index, a bullish? 471 00:31:28,925 --> 00:31:33,665 Well, if you look at primary longterm trends, um, how did, first 472 00:31:33,665 --> 00:31:35,105 of all, how, how do markets trade? 473 00:31:35,675 --> 00:31:36,605 They go from a consolidate. 474 00:31:37,590 --> 00:31:42,060 To a training environment or expansion, then we go into consolidation. 475 00:31:42,690 --> 00:31:43,169 Okay. 476 00:31:43,409 --> 00:31:46,350 And what happens is daily, you get another move higher or lower 477 00:31:46,830 --> 00:31:48,480 since we're in a primary uptrend. 478 00:31:48,570 --> 00:31:51,210 The next move higher is most likely to occur. 479 00:31:52,770 --> 00:31:56,909 When we talk about commodities and futures and we use open interest for mega trade 480 00:31:56,909 --> 00:32:02,669 setups, it'll be a lot more significant in, in contrast to using just for X. 481 00:32:12,260 --> 00:32:15,649 Um, John, this is all part of why, cause I'm getting a thousand 482 00:32:15,649 --> 00:32:21,560 questions of how did I focus on only being a buyer of, uh, of CAD. 483 00:32:22,250 --> 00:32:24,800 And this is all germane to the discussion. 484 00:32:24,800 --> 00:32:29,540 So if you're confused, just understand, it's all, it's all pertinent 485 00:32:29,540 --> 00:32:30,830 to what we're discussing here. 486 00:32:38,129 --> 00:32:42,149 I just explained, um, the question is, is what, what are we 487 00:32:42,149 --> 00:32:43,460 supposed to know what to focus on? 488 00:32:43,500 --> 00:32:47,040 Everything I just explained to you, the fact that the dollar has been 489 00:32:47,040 --> 00:32:48,750 wanting to go above these equal highs. 490 00:32:49,409 --> 00:32:49,860 Okay. 491 00:32:50,850 --> 00:32:52,679 Let's I'm going break it down very elementary. 492 00:32:53,970 --> 00:33:01,050 If price is moving up on the day on the dollar, as you can clearly see it. 493 00:33:02,280 --> 00:33:05,040 It's wanting to go above these equal highs over here that it 494 00:33:05,040 --> 00:33:07,230 has not done until just recently. 495 00:33:07,260 --> 00:33:11,550 It just touched that the momentarily went above it before the news 496 00:33:11,550 --> 00:33:19,260 released this morning at eight 30, the dollar was below this level. 497 00:33:19,260 --> 00:33:21,060 We've already identified that we're here with equal highs. 498 00:33:21,360 --> 00:33:24,990 We've talked about this for months as an upside objective for dollar 499 00:33:24,990 --> 00:33:26,250 and wanting to eventually go there. 500 00:33:27,690 --> 00:33:30,179 If you're going to trade foreign exchange, you have to know 501 00:33:30,179 --> 00:33:31,620 what the dollar is going to do. 502 00:33:32,159 --> 00:33:34,860 That would that's what frames high probability conditions 503 00:33:35,700 --> 00:33:37,800 and low risk opportunities. 504 00:33:38,429 --> 00:33:43,679 So if we're going to focus on trading a specific payer relative to a 505 00:33:43,679 --> 00:33:48,120 news release, the calendar says at eight 30 this morning, that housing 506 00:33:48,120 --> 00:33:53,429 permits are going to be released in the U uh, the dollar CAD or the CAD. 507 00:33:54,510 --> 00:33:58,740 And, and there's going to be employment claims for the dollar. 508 00:33:59,190 --> 00:34:01,590 So at eight 30, we should see a volatility injection. 509 00:34:01,889 --> 00:34:03,149 That means we should see movement. 510 00:34:04,830 --> 00:34:09,060 What direction did we trade is going to be driven by what the dollar is 511 00:34:09,060 --> 00:34:12,120 most likely going to be reaching for which what we've been talking about 512 00:34:12,120 --> 00:34:14,759 all morning, all this stuff over here. 513 00:34:15,810 --> 00:34:18,540 What are we worried about this opening price for us? 514 00:34:18,540 --> 00:34:22,980 Because every single trading day, if data okay, or the way that the interbank 515 00:34:23,040 --> 00:34:28,650 price deliveries, uh, designed to give us what we see in terms of our 516 00:34:28,650 --> 00:34:30,900 price fluctuations, that delivery of. 517 00:34:32,114 --> 00:34:36,165 Is directly related to this opening price at midnight. 518 00:34:36,585 --> 00:34:39,404 That's what sets in establishes the trend direction of the day. 519 00:34:41,225 --> 00:34:42,574 Why is it significant one? 520 00:34:42,574 --> 00:34:43,505 I even talking about it. 521 00:34:43,505 --> 00:34:45,245 It's not a detachment from this discussion. 522 00:34:45,245 --> 00:34:48,395 It's actually the foundation of why I just told you this morning. 523 00:34:48,725 --> 00:34:52,895 We want to focus primarily being a buyer of us CAD, not a seller. 524 00:34:53,375 --> 00:34:56,554 If you're going to focus on this pair, we were looking on the upside. 525 00:34:56,944 --> 00:35:01,295 And the reason why is because dollar wants to go higher here on the left. 526 00:35:01,775 --> 00:35:03,365 It wants to go above these highs over here. 527 00:35:03,845 --> 00:35:06,995 So if the dollar is wanting to do that, the first currency in this 528 00:35:06,995 --> 00:35:09,095 pair dollar CAD is the dollar. 529 00:35:09,935 --> 00:35:14,765 So you're going to see a unwillingness to see the market go lower in this pair and 530 00:35:14,765 --> 00:35:16,924 more inclination to, for it to go higher. 531 00:35:17,615 --> 00:35:21,815 So if it's going to want to go higher, how can we, how can we look to be a buyer? 532 00:35:22,595 --> 00:35:25,535 Well, if the market was going in a consolidation like we described 533 00:35:25,535 --> 00:35:27,694 earlier, I'm not sure if you were here the entire time, John. 534 00:35:27,694 --> 00:35:30,995 So the entire presentation where you rewatched the recording. 535 00:35:30,995 --> 00:35:31,835 Cause it's very clear. 536 00:35:31,924 --> 00:35:34,895 I mean, I went into great detail about this, but the opening 537 00:35:34,895 --> 00:35:38,674 price, if we get below that opening price, the idea is this, 538 00:35:41,745 --> 00:35:43,305 this daily chart over here. 539 00:35:43,725 --> 00:35:44,055 Okay. 540 00:35:44,055 --> 00:35:45,225 If I change this, 541 00:35:51,055 --> 00:35:51,715 not to that. 542 00:36:05,615 --> 00:36:07,085 Okay, this is what you're seeing. 543 00:36:08,075 --> 00:36:11,075 This opening price, a small little movement down. 544 00:36:11,075 --> 00:36:11,645 You see that 545 00:36:15,285 --> 00:36:19,515 the opening price, small little move down, then it expands up. 546 00:36:19,895 --> 00:36:22,125 And there's an up-close potentially in the formation today. 547 00:36:23,835 --> 00:36:27,435 If we're seeing bullish prices on the daily chart, our expectation is, is 548 00:36:27,435 --> 00:36:32,595 this same model right here as this open high, low close chart indicates, this is 549 00:36:32,595 --> 00:36:40,515 power three accumulation, manipulation distribution, the accumulate longs. 550 00:36:41,265 --> 00:36:44,745 They manipulate below that opening price, get people thinking it's 551 00:36:44,745 --> 00:36:45,885 the wrong side of the marketplace. 552 00:36:46,815 --> 00:36:51,595 And then they expand it and they distribute it later on in the day over 553 00:36:51,595 --> 00:36:55,945 here, the way you apply that same thing is that opening prices at midnight. 554 00:36:56,365 --> 00:36:59,455 So you want to be a buyer at that price or below it. 555 00:37:00,115 --> 00:37:02,905 That's where the low risk high probability entries are. 556 00:37:04,105 --> 00:37:06,835 They occur at specific times of the day. 557 00:37:08,335 --> 00:37:13,255 We don't need the clothes to be higher than, uh, yeah, we don't need the 558 00:37:13,255 --> 00:37:16,105 clothes to be higher than the opening to make money because we're specifically 559 00:37:16,105 --> 00:37:17,365 aiming at day trades right now. 560 00:37:18,505 --> 00:37:22,225 But the responsiveness of below the opening price at London, 561 00:37:22,255 --> 00:37:23,485 this is all London timeframe. 562 00:37:23,485 --> 00:37:23,995 We're here in London. 563 00:37:25,245 --> 00:37:26,085 And this is New York. 564 00:37:27,765 --> 00:37:33,165 You would not see this in the context I'm telling you in any other discipline. 565 00:37:33,195 --> 00:37:33,885 It's not there. 566 00:37:33,915 --> 00:37:38,565 Nobody talks about this, but the fact that it's gone below the opening price set at 567 00:37:38,565 --> 00:37:41,985 midnight is absolutely paramount to you. 568 00:37:41,985 --> 00:37:43,995 Understanding how to trade effectively. 569 00:37:44,295 --> 00:37:46,965 It doesn't matter if you're a long-term trader or not, or a day 570 00:37:46,965 --> 00:37:51,315 trader or a scalper without this information you're trading in the dark. 571 00:37:51,315 --> 00:37:54,915 It gives you directional bias when you use it in the context 572 00:37:54,915 --> 00:37:56,295 of the daily timeframe as well. 573 00:37:56,625 --> 00:37:59,655 So if you're basically what I'm saying is if you're bullish, the best trades 574 00:37:59,655 --> 00:38:05,055 are buying at or below the opening price set at midnight candle in New York. 575 00:38:09,375 --> 00:38:12,195 And it's not the fact that it just goes down below that price. 576 00:38:12,555 --> 00:38:16,215 It goes down below that price at specific times of the day, 577 00:38:16,965 --> 00:38:19,185 London open and the New York open. 578 00:38:20,055 --> 00:38:25,935 So you were blending two things, time and price, and we're doing what we're doing 579 00:38:26,115 --> 00:38:31,095 relative to those two elements, time and price with the APTA, the way interbank 580 00:38:31,095 --> 00:38:36,075 price delivery is being provided to us in the form of what they're reaching for on a 581 00:38:36,075 --> 00:38:41,055 daily timeframe, which is this level over here, your focus needs to be primarily 582 00:38:41,055 --> 00:38:43,065 on this pair wanting to go higher. 583 00:38:43,725 --> 00:38:47,805 We said, initially we had to watch this level here, 32, 19 or 30 to 20. 584 00:38:48,405 --> 00:38:51,735 It hit that it's showing initial resistance in here. 585 00:38:52,045 --> 00:38:52,935 Still got a little bit of time. 586 00:38:52,935 --> 00:38:53,985 We still also have 10 o'clock. 587 00:38:54,945 --> 00:38:56,535 It could wash this entire thing out. 588 00:38:56,595 --> 00:39:02,715 It could be that that's all there was, but was this a viable move between where the 589 00:39:02,715 --> 00:39:04,425 opening price is up to this level here? 590 00:39:04,425 --> 00:39:05,865 That's all I'm trying to highlight for now 591 00:39:17,215 --> 00:39:22,165 the initial target for this one was this level here, basically 32 20. 592 00:39:22,915 --> 00:39:26,395 And if we got through 30 to 20, we would be monitoring what we saw in 593 00:39:26,395 --> 00:39:34,030 terms of advancement above 1 30, 2, 27, but we can't contend with 1 32, 594 00:39:34,030 --> 00:39:35,845 7 27 until this level was meant. 595 00:39:36,535 --> 00:39:37,915 And that's all we've seen so far. 596 00:39:38,185 --> 00:39:42,955 But my question is, is this a viable setup where if you were buying, you'd be 597 00:39:42,955 --> 00:39:49,435 buying below the opening price down here, said it midnight up to this level here. 598 00:39:52,605 --> 00:39:57,405 So being a buyer at, uh, basically 1 30, 180 5 or five points above that, 599 00:39:57,405 --> 00:40:01,575 1 30, 1 90, that's where your, your fill would be relative to the spread. 600 00:40:03,345 --> 00:40:08,085 So 31 90 to 32, 20 X, what 30 pips, where I live. 601 00:40:16,735 --> 00:40:20,455 So the point in which once you understand. 602 00:40:25,720 --> 00:40:27,100 Get this thing to show up here, 603 00:40:31,490 --> 00:40:32,390 all you're doing, 604 00:40:35,630 --> 00:40:36,950 as you're looking for a way 605 00:40:42,080 --> 00:40:43,280 to envision 606 00:40:47,490 --> 00:40:48,360 the opening price. 607 00:40:48,360 --> 00:40:50,820 If you're bullish, you wouldn't be focusing on that 608 00:40:50,850 --> 00:40:51,810 opening price at midnight. 609 00:40:52,530 --> 00:40:57,390 And then that movement down below that opening price established at the 610 00:40:57,390 --> 00:41:01,830 midnight candle in New York, which is over here below that opening price. 611 00:41:01,860 --> 00:41:04,140 That's where all the banks are doing their buys. 612 00:41:04,200 --> 00:41:07,020 That's why the IPTA delivers price down there. 613 00:41:07,020 --> 00:41:11,550 It provides them the opportunity to onboard their long positions. 614 00:41:12,690 --> 00:41:15,060 Then they allow price to expand up. 615 00:41:15,630 --> 00:41:20,520 We do not need the clothes to be up here on the day. 616 00:41:20,970 --> 00:41:25,260 If this was a daily candle, we don't need that because I'm 617 00:41:25,260 --> 00:41:26,730 teaching you to pay yourself. 618 00:41:27,660 --> 00:41:28,710 I get it wrong. 619 00:41:28,710 --> 00:41:29,250 Sometimes. 620 00:41:29,250 --> 00:41:35,430 Sometimes I still am inaccurate, but I don't have to be accurate to make money. 621 00:41:35,850 --> 00:41:37,110 And I showed that yesterday. 622 00:41:37,860 --> 00:41:40,290 I was expecting the category a little bit harder than it did. 623 00:41:40,350 --> 00:41:42,510 I don't care did it didn't go any to those levels. 624 00:41:42,510 --> 00:41:42,820 It's still. 625 00:41:44,680 --> 00:41:46,240 I need this movement here. 626 00:41:46,240 --> 00:41:49,240 It's between four o'clock in the morning and 10 o'clock in the morning 627 00:41:49,480 --> 00:41:51,250 that bulk of the daily volume. 628 00:41:52,120 --> 00:41:52,390 Okay. 629 00:41:52,390 --> 00:41:56,230 That, that delivery of price between four o'clock in the morning and 630 00:41:56,230 --> 00:41:59,020 10 o'clock in the morning, that's where the lions portion of the 631 00:41:59,020 --> 00:42:00,370 daily range is going to occur. 632 00:42:01,180 --> 00:42:04,779 And all I care about is getting some of that, but I want 633 00:42:04,779 --> 00:42:06,190 to be positioned down here. 634 00:42:07,480 --> 00:42:10,990 I don't need the clothes to be above the opening or my entry price. 635 00:42:11,410 --> 00:42:14,319 I just need to get paid between our, where I entered that in sometime 636 00:42:14,319 --> 00:42:19,720 between when I got in it and 11 I'm sorry, 10 to 11 o'clock in the morning. 637 00:42:24,399 --> 00:42:25,600 So it can, it can do this. 638 00:42:25,660 --> 00:42:27,339 Can open, come down here, give you an opportunity. 639 00:42:27,490 --> 00:42:30,609 Rally up 30, 40, 50 pips, and then do this. 640 00:42:38,509 --> 00:42:43,160 Who cares if you bought down here and you took something out up here, 641 00:42:43,310 --> 00:42:46,370 that's trading, that's trading. 642 00:42:46,460 --> 00:42:50,029 Unfortunately what's happening is you guys are looking at this and buying 643 00:42:50,299 --> 00:42:54,350 down here and you're demanding because power three says it has to do this. 644 00:42:54,710 --> 00:42:55,279 No power. 645 00:42:55,279 --> 00:42:58,640 Three says that you have to buy near the low and you distribute 646 00:42:58,640 --> 00:43:03,230 your lungs as the price expands up during the times of the day that it 647 00:43:03,230 --> 00:43:07,029 should expand and you pay yourself. 648 00:43:11,345 --> 00:43:14,075 Every single trading day, regardless of the direction, there's a 649 00:43:14,075 --> 00:43:17,285 retracement between five o'clock in the morning and seven o'clock 650 00:43:17,285 --> 00:43:18,455 in the morning, New York time 651 00:43:21,455 --> 00:43:24,155 that retracement sets up the New York session. 652 00:43:31,285 --> 00:43:34,605 Well, that's, I appreciate that manual manual saying it's starting 653 00:43:34,605 --> 00:43:37,765 to make sense every day and that's why we have to do it this way. 654 00:43:38,395 --> 00:43:40,015 I appreciate your enthusiasm. 655 00:43:40,015 --> 00:43:43,315 Some of you are just really demanding to know how to do 656 00:43:43,315 --> 00:43:44,785 this in one or two sessions. 657 00:43:45,145 --> 00:43:49,015 And I think it's because number one, the, the excitement, obviously, 658 00:43:49,495 --> 00:43:52,045 uh, the anxiety about whether or not you're going to learn it. 659 00:43:52,675 --> 00:43:53,095 Okay. 660 00:43:53,245 --> 00:43:55,675 Or you can't afford to pay the monthly payments. 661 00:43:55,915 --> 00:43:58,045 You just want to be able to start making money and say, okay, I got enough. 662 00:43:58,045 --> 00:44:03,325 I got to go, but I'm telling you to get the maximum benefit out of this. 663 00:44:03,985 --> 00:44:06,655 You just got to let me teach it to you the way I'm teaching it to you. 664 00:44:06,985 --> 00:44:12,205 If you, if you trust me and I hope that you do, I'm promise you, I'm going to take 665 00:44:12,205 --> 00:44:15,865 you to where you want to be at, and you don't even know where you need to be at. 666 00:44:15,865 --> 00:44:16,765 So I do. 667 00:44:16,765 --> 00:44:17,875 I knew where you're going to be on 668 00:44:21,055 --> 00:44:22,075 what is an order block? 669 00:44:22,705 --> 00:44:23,605 Is that a real question? 670 00:44:29,155 --> 00:44:30,735 I mean, I don't mean to be mean or anything. 671 00:44:30,735 --> 00:44:31,875 I don't want you to be offended. 672 00:44:31,875 --> 00:44:34,515 No one else saw you asked that, but if you're really asking that 673 00:44:34,515 --> 00:44:36,075 question, you need to watch the. 674 00:44:36,915 --> 00:44:42,125 Free tutorials specifically the nice the sniper series. 675 00:44:43,955 --> 00:44:44,795 Okay, good grief. 676 00:44:45,485 --> 00:44:46,925 I was like, oh my goodness. 677 00:44:47,575 --> 00:44:49,295 I'm getting a question about what an older block is. 678 00:44:55,185 --> 00:44:55,455 Okay. 679 00:44:55,455 --> 00:44:57,495 So here's what I ask you in closing. 680 00:44:57,645 --> 00:45:01,995 And then we're gonna quickly summarize the Aussie dollar exercise last 681 00:45:01,995 --> 00:45:03,465 night and what the takeaways are. 682 00:45:05,715 --> 00:45:08,355 If we're looking at what's a PIP. 683 00:45:09,225 --> 00:45:13,635 If we're looking at, let me get my chair here, said situated. 684 00:45:16,935 --> 00:45:17,325 All right. 685 00:45:17,415 --> 00:45:22,215 If we're looking at, say, say these candles in this 15 minute timeframe, okay. 686 00:45:22,725 --> 00:45:25,275 Say these candles represent a daily chart. 687 00:45:26,865 --> 00:45:27,135 Okay. 688 00:45:27,135 --> 00:45:31,125 Say this is a, say, this is all relative to a daily timeframe. 689 00:45:31,125 --> 00:45:32,505 Every candle is a daily chart. 690 00:45:35,055 --> 00:45:35,985 I'm sorry, daily candle. 691 00:45:37,065 --> 00:45:39,645 If we see the ideas that we're fleshing out here. 692 00:45:39,705 --> 00:45:42,435 Now, the only thing different is you can't use the opening price at midnight. 693 00:45:42,435 --> 00:45:47,415 And there's other things that we'll we'll use that we can, uh, build ideas 694 00:45:47,415 --> 00:45:51,705 on for the daily chart, but forget this opening price level here for now. 695 00:45:52,005 --> 00:45:54,825 If you can establish a directional bias. 696 00:45:55,755 --> 00:45:58,215 And I know for some of you, that seems like an impossibility right now, but. 697 00:45:59,190 --> 00:46:03,270 If I haven't communicated anything else, except for the fact that we can talk about 698 00:46:03,270 --> 00:46:07,680 moves and going to specific levels before they happen day to day, every single day. 699 00:46:08,610 --> 00:46:11,670 That's what I want you to focus on primarily right now. 700 00:46:11,700 --> 00:46:14,070 Just relax and know that what I'm teaching you. 701 00:46:14,070 --> 00:46:18,360 I know, and if I know it, I know how to communicate it to you, 702 00:46:19,380 --> 00:46:20,580 but you have to submit to it. 703 00:46:21,420 --> 00:46:26,160 If these are daily candles and say that you were wanting to be a buyer down 704 00:46:26,160 --> 00:46:32,280 in here relative to things that I'll discuss on hard timeframes, how much in 705 00:46:32,280 --> 00:46:37,620 terms of pips could this potentially be only those that have been trading for a 706 00:46:37,620 --> 00:46:40,560 while and can understand how to answer that adequately, but it could be in 707 00:46:40,560 --> 00:46:44,310 the realm of hundreds of pips hundreds. 708 00:46:46,090 --> 00:46:51,550 So when we look at price action, don't, don't think in terms of, 709 00:46:53,890 --> 00:46:56,800 well, you know, I'm not, I'm not learning how to day trade. 710 00:46:57,010 --> 00:46:57,370 Michael. 711 00:46:57,370 --> 00:46:58,810 I want to learn how to position trade. 712 00:47:00,010 --> 00:47:02,890 These elements that you're learning with price action will help you 713 00:47:02,890 --> 00:47:05,650 put trades on using a daily chart. 714 00:47:05,710 --> 00:47:10,330 And you won't have to be in these intraday charts at all, but to 715 00:47:10,330 --> 00:47:13,930 effectively communicate it and show you just how reoccurring they are. 716 00:47:14,710 --> 00:47:19,030 I'm using these intraday charts to show you that the way that price is delivered. 717 00:47:19,690 --> 00:47:20,470 Okay, here's a question. 718 00:47:22,090 --> 00:47:25,750 If I'm teaching you the interbank price delivery algorithm. 719 00:47:26,590 --> 00:47:27,040 Okay. 720 00:47:27,430 --> 00:47:28,060 Does that. 721 00:47:29,520 --> 00:47:34,109 Deliver the price that we see in intraday, like on a 15 minute timeframe, 722 00:47:38,189 --> 00:47:43,830 whereas that interbank price, delivery algorithm doing something 723 00:47:43,830 --> 00:47:45,240 different on a daily chart. 724 00:47:51,629 --> 00:47:53,580 It's exactly, it's the same thing. 725 00:47:55,140 --> 00:47:58,830 And unfortunately, and I thought this same stuff, folks. 726 00:47:58,830 --> 00:48:00,990 So if you thought this way, don't feel ashamed. 727 00:48:01,560 --> 00:48:03,870 I thought that there was something totally different. 728 00:48:04,379 --> 00:48:07,470 When you looked at a timeframe like a daily chart or a one hour chart, 729 00:48:07,919 --> 00:48:10,500 I thought that they were something entirely different and you had 730 00:48:10,500 --> 00:48:15,000 to trade on individual timeframes because those timeframes are uniquely 731 00:48:15,000 --> 00:48:19,229 distinct from other timeframes in that price is different from every other 732 00:48:19,229 --> 00:48:21,540 timeframe I tell, I thought about it. 733 00:48:21,779 --> 00:48:23,490 That's how I believed it in the beginning. 734 00:48:23,520 --> 00:48:25,740 It took me months to understand that that was wrong. 735 00:48:26,250 --> 00:48:26,669 Okay. 736 00:48:26,910 --> 00:48:31,560 20 years ago, I thought that same stuff, but I'm trying to explain to you 737 00:48:31,950 --> 00:48:37,259 just because we're using a different timeframe, price is still being offered. 738 00:48:37,770 --> 00:48:38,220 Okay. 739 00:48:38,819 --> 00:48:44,129 If I changed, if I put up the daily chart of the dollar index, like we 740 00:48:44,129 --> 00:48:48,959 have here, and if I put a 15 minute timeframe of the dollar index, the 15 741 00:48:48,959 --> 00:48:53,069 minute timeframe is going to reflect that same price at market that the daily 742 00:48:53,069 --> 00:48:57,529 chart is going to reflect the benefit of looking at the higher timeframe. 743 00:48:58,440 --> 00:49:00,000 Okay, which is what the answer to you. 744 00:49:00,240 --> 00:49:01,950 Everyone's asking the same question every day. 745 00:49:02,790 --> 00:49:04,680 I want to learn how to get to directional bias. 746 00:49:04,920 --> 00:49:07,710 If you can just tell me that Michael, I'm going to make money, and I'm 747 00:49:07,710 --> 00:49:12,090 going to tell you you're wrong because you're still going to do things wrong. 748 00:49:12,540 --> 00:49:15,240 You're going to buy in bullish days at the wrong time. 749 00:49:15,509 --> 00:49:18,870 You're gonna put your stop at the wrong place, and you're gonna come away with it. 750 00:49:18,870 --> 00:49:19,350 Doesn't work. 751 00:49:20,310 --> 00:49:21,240 And you're the problem. 752 00:49:21,960 --> 00:49:23,549 You don't want to hear it, but you are. 753 00:49:24,029 --> 00:49:27,480 I was my own problem and I am sometimes still my own problem. 754 00:49:27,569 --> 00:49:27,900 Okay. 755 00:49:27,900 --> 00:49:30,150 And it's going to, it's going to be the issue with you as well, 756 00:49:30,509 --> 00:49:32,009 just because I'm giving you tools. 757 00:49:32,730 --> 00:49:35,910 You're not going to fix that if you have the wrong thinking. 758 00:49:36,450 --> 00:49:41,370 So if these are daily candles, okay. 759 00:49:41,370 --> 00:49:44,220 That we're representing the study over here with this with fifth, 760 00:49:44,279 --> 00:49:47,610 with a 15 minute timeframe, even though it's only been about 30 pips 761 00:49:47,610 --> 00:49:49,230 of total magnitude and movement. 762 00:49:49,440 --> 00:49:49,770 Okay. 763 00:49:49,770 --> 00:49:52,620 That's not to say that the daily chart, it was the daily candle. 764 00:50:10,610 --> 00:50:10,970 Excuse me. 765 00:50:40,185 --> 00:50:41,475 Oh, sorry, 766 00:50:44,545 --> 00:50:48,075 I got this a nasty throat near there. 767 00:50:48,145 --> 00:50:50,174 I, I can barely speak. 768 00:50:50,174 --> 00:50:51,134 So let me get through this. 769 00:50:51,134 --> 00:50:53,685 And then I'm going to take a rest of the rest of the afternoon. 770 00:50:54,065 --> 00:50:59,235 Won't be able to do any much more talking otherwise, but don't, if we looked at the 771 00:50:59,235 --> 00:51:01,845 candles like this on a daily basis, okay. 772 00:51:03,735 --> 00:51:09,765 I want you to feel assured that the same setups that we describe in 773 00:51:09,765 --> 00:51:16,065 terms of looking at price on these lower timeframes, that same thing 774 00:51:16,695 --> 00:51:18,315 is seen on the higher timeframe. 775 00:51:19,365 --> 00:51:23,025 The only difference is the candles are bigger and it requires more time 776 00:51:23,025 --> 00:51:24,735 for them to complete their formation. 777 00:51:26,265 --> 00:51:29,955 Obviously, every candle here only takes 15 minutes to form, and then a new 778 00:51:29,955 --> 00:51:32,715 candle forms over here on a daily chart. 779 00:51:32,805 --> 00:51:37,185 It requires an entire 24 hour day to allow that candle to form. 780 00:51:38,025 --> 00:51:40,875 So it's not efficient for me to teach with just a daily. 781 00:51:41,985 --> 00:51:45,165 Because you're not going to see that many setups, but if I show you every 782 00:51:45,165 --> 00:51:49,155 single trading day, a condition that exists in price action with these 783 00:51:49,155 --> 00:51:53,205 smaller timeframes, I'm hoping, and this is my, this is my goal. 784 00:51:53,655 --> 00:51:58,035 I'm hoping those individuals that want to only trade in daily timeframes or 785 00:51:58,035 --> 00:52:02,325 higher timeframe charts that they see the validity behind studying price 786 00:52:02,325 --> 00:52:08,265 action, and then submit to the fact that, okay, I understand I don't need 787 00:52:08,265 --> 00:52:13,365 to be a day trader, but what he's teaching is in the charts and therefore 788 00:52:13,365 --> 00:52:15,615 it's economical for me to focus on it. 789 00:52:15,885 --> 00:52:20,415 And don't dwell so much on the fact that it's an intraday chart and some 790 00:52:20,415 --> 00:52:24,795 of you because of your ignorance, not because I'm Lena in, in a mean 791 00:52:24,795 --> 00:52:28,515 way, but your lack of knowledge, just like it was a lack of knowledge. 792 00:52:28,515 --> 00:52:33,045 But my part initially as a new trader, I didn't understand how I 793 00:52:33,045 --> 00:52:37,425 should view what I was learning, but I'm telling you, I had the same 794 00:52:37,425 --> 00:52:39,375 concerns initially as a new trader. 795 00:52:40,005 --> 00:52:42,975 So don't worry about, don't worry about the fact that 796 00:52:42,975 --> 00:52:44,265 we're using smaller timeframes. 797 00:52:44,505 --> 00:52:44,925 Okay. 798 00:52:45,465 --> 00:52:48,255 It's the same component across every timeframe. 799 00:52:49,275 --> 00:52:49,695 Okay. 800 00:52:50,625 --> 00:52:55,035 Everything's the same, but this viewed in different intervals 801 00:52:55,035 --> 00:52:57,255 of time, that's all it is. 802 00:52:59,745 --> 00:53:00,165 So. 803 00:53:01,765 --> 00:53:04,745 The, the last question I saw that was really interesting 804 00:53:04,745 --> 00:53:09,515 is, um, uh, is IPTA always an operation or is there a triggers? 805 00:53:10,234 --> 00:53:15,154 Um, if the is always running, it's a 24 hour from the time the market opens 806 00:53:15,154 --> 00:53:19,444 up to the time of market closes on the weekly basis, it's always running. 807 00:53:19,774 --> 00:53:20,105 Okay. 808 00:53:20,105 --> 00:53:22,865 It's always delivering price. 809 00:53:22,865 --> 00:53:24,785 If it stopped, you wouldn't see price move. 810 00:53:25,835 --> 00:53:28,984 It's the engine that delivers your price fluctuations. 811 00:53:29,794 --> 00:53:30,095 Okay. 812 00:53:30,095 --> 00:53:36,035 So what makes it important to understand why it does what it does and what I 813 00:53:36,035 --> 00:53:42,424 teach and can't find it anywhere is the fact that it's all time based. 814 00:53:43,294 --> 00:53:47,674 There are specific times of the day, it goes to specific price levels, 815 00:53:48,575 --> 00:53:53,464 and you need to understand that it's going to be relative to the opening 816 00:53:53,464 --> 00:53:55,024 price that's established at midnight. 817 00:53:55,535 --> 00:54:00,274 Now you're all going to be thinking, oh no, they're going to change it. 818 00:54:00,274 --> 00:54:01,654 They're going to do it to a different timeframe. 819 00:54:01,685 --> 00:54:07,504 No, or not, because it's all based on, well, I can't talk more about that yet. 820 00:54:07,805 --> 00:54:13,924 It's basically, you're going to learn that there is a, it's a forced way of doing 821 00:54:13,924 --> 00:54:14,944 it, that they're not going to change. 822 00:54:15,125 --> 00:54:15,515 Okay. 823 00:54:15,634 --> 00:54:18,004 They're not going to do, they're not going to make any deviations from it. 824 00:54:18,605 --> 00:54:20,674 It's been working for years and years and years. 825 00:54:20,674 --> 00:54:23,705 And before I discovered it in price, okay. 826 00:54:24,444 --> 00:54:26,044 The folks did not sit down with me. 827 00:54:26,585 --> 00:54:26,944 Okay. 828 00:54:26,944 --> 00:54:30,910 And say, okay, What you're going to do is you're going to see a Judas 829 00:54:30,910 --> 00:54:36,310 swing here, and you're going to look for a protraction here and you going 830 00:54:36,310 --> 00:54:40,510 to do those were the discoveries I made by bridging what I learned, how 831 00:54:40,510 --> 00:54:45,730 price is delivered, and then seeing in the charts, what that looks like. 832 00:54:46,570 --> 00:54:51,940 And it took me months of pouring over charts, and then I saw it. 833 00:54:51,940 --> 00:54:55,900 And when I saw it, it was unbelievable. 834 00:54:56,200 --> 00:55:02,740 I, I, I literally had a panic attack because I was like, I can see it now. 835 00:55:03,820 --> 00:55:04,660 And it was scary. 836 00:55:04,690 --> 00:55:09,910 It was absolutely scary knowing that if I can see it in the charts in hindsight, 837 00:55:10,270 --> 00:55:11,860 I couldn't wait for the next trading day. 838 00:55:12,910 --> 00:55:14,020 And yes, I was crying. 839 00:55:14,050 --> 00:55:17,050 It was very, it was a very emotional feeling because I 840 00:55:17,050 --> 00:55:18,730 feel like I cracked a code. 841 00:55:19,780 --> 00:55:20,650 That's how it felt. 842 00:55:21,190 --> 00:55:24,160 And it felt like it was forbidden knowledge that I wasn't supposed to have. 843 00:55:24,160 --> 00:55:24,820 And I got scared. 844 00:55:24,820 --> 00:55:28,090 Like I just did something that I shouldn't have been able to do. 845 00:55:29,800 --> 00:55:33,490 And when I started operating in the marketplace using it on a 846 00:55:33,490 --> 00:55:37,750 very small scale, that's when everything started clicking and 847 00:55:37,780 --> 00:55:40,030 all of a sudden $17,000 a week. 848 00:55:40,270 --> 00:55:40,750 Okay. 849 00:55:40,780 --> 00:55:42,910 Become, it was standard. 850 00:55:43,510 --> 00:55:48,400 Whereas before it was all initial luck and that's what I attributed my first 851 00:55:49,030 --> 00:55:52,750 run in the marketplace, that was all completely luck, luck, luck, luck, 852 00:55:52,750 --> 00:55:57,260 luck, then all of a sudden $20,000 a week, $25,000 a week, $35,000. 853 00:55:58,155 --> 00:55:59,745 All these things happening. 854 00:56:00,135 --> 00:56:00,615 Okay. 855 00:56:00,885 --> 00:56:04,335 Because of my understanding of what makes these markets move around. 856 00:56:05,235 --> 00:56:10,365 Why did I jump from futures into Forex is because the liquidity and 857 00:56:10,365 --> 00:56:18,105 the visibility, C4 X is beautiful because it's so time sensitive, very 858 00:56:18,105 --> 00:56:22,605 specific times of the day, very specific elements in time and price theory. 859 00:56:24,015 --> 00:56:27,795 And once I understood and bridge the gap and understood how Ellipta 860 00:56:27,795 --> 00:56:30,405 works, you see it every single day. 861 00:56:30,555 --> 00:56:33,255 There hasn't been really with the exception of the last night, we were 862 00:56:33,255 --> 00:56:34,515 talking about the Aussie dollar. 863 00:56:34,905 --> 00:56:39,585 Um, we didn't, you know, we, we don't really trade in that timeframe. 864 00:56:39,905 --> 00:56:44,265 There's no real excitement about getting in that time of day, because like I just 865 00:56:44,265 --> 00:56:46,155 said about the midnight candle here. 866 00:56:46,695 --> 00:56:51,135 That's when, if that goes into its highest seeking of 867 00:56:51,135 --> 00:56:54,015 liquidity after this time period. 868 00:56:54,255 --> 00:56:54,705 Okay. 869 00:56:54,885 --> 00:56:57,465 You're going to wait until we get around two o'clock in the morning. 870 00:56:57,465 --> 00:57:03,165 Then the market's going to go into an area where it's going to give banks. 871 00:57:03,675 --> 00:57:07,785 All of them, not just the bank of Canada, it's going to get all of 872 00:57:07,785 --> 00:57:13,215 the banks and opportunity to pair up orders across all major pairs, 873 00:57:13,695 --> 00:57:15,705 across the majors, everything. 874 00:57:16,185 --> 00:57:21,255 And it gives them transactional basis to get efficient prices. 875 00:57:22,350 --> 00:57:24,330 It's not one bank against the other. 876 00:57:24,359 --> 00:57:25,950 They're not cannibalizing one another. 877 00:57:26,009 --> 00:57:30,509 It looks like it's sometimes, but they're all in 100% cahoots with one another. 878 00:57:32,930 --> 00:57:38,299 So if you look, when price goes into these times of the day, price is going 879 00:57:38,299 --> 00:57:41,930 down to that level, not because of some Fibonacci level, it's not going down there 880 00:57:41,930 --> 00:57:46,040 because of some kind of, uh, a harmonic pattern or any kind of trend line thing. 881 00:57:46,220 --> 00:57:52,009 It's going down there to facilitate transactional value when, when the banks 882 00:57:52,009 --> 00:57:54,319 are or are coming online in London. 883 00:57:54,620 --> 00:57:54,950 Okay. 884 00:57:56,359 --> 00:58:00,020 They have orders that come through through insurance companies. 885 00:58:00,020 --> 00:58:02,810 They have orders that come through for just business exchange. 886 00:58:03,169 --> 00:58:05,359 Uh, IBM needs to do business in Canada. 887 00:58:05,600 --> 00:58:05,870 Okay. 888 00:58:05,870 --> 00:58:09,319 So they got to exchange their dollars into, you know, the Canadian dollar. 889 00:58:10,100 --> 00:58:13,310 Well, these market moves that go down there and they allow that 890 00:58:13,609 --> 00:58:18,770 to have operational costs lowered on the, uh, on the banking side 891 00:58:19,100 --> 00:58:20,629 and more efficient for them. 892 00:58:21,169 --> 00:58:25,520 And they can also use these times to make books and build in pricing. 893 00:58:26,120 --> 00:58:30,709 So that way, if they can speculate in that marketplace, see, that's the 894 00:58:30,709 --> 00:58:33,350 part that people say, they think they understand, and you listen to people 895 00:58:33,350 --> 00:58:37,220 out there and say, well, there's very little speculation in, in interbank. 896 00:58:37,490 --> 00:58:39,200 Uh, you know, bullshit. 897 00:58:39,830 --> 00:58:42,740 There's, it's all that transactional sides. 898 00:58:42,770 --> 00:58:43,819 The lease side of it. 899 00:58:43,850 --> 00:58:45,080 That's the minimal side of it. 900 00:58:45,500 --> 00:58:47,509 The majority of it is all speculation. 901 00:58:47,540 --> 00:58:48,319 That's where it's all. 902 00:58:49,200 --> 00:58:52,290 You think that banks are in businesses to make these little little transactions 903 00:58:52,330 --> 00:58:56,400 and exchange fees and, okay, well, I'm going to take billions of dollars 904 00:58:56,400 --> 00:58:58,830 here and I'm going to make a little bit, that's not what they're doing. 905 00:58:59,250 --> 00:59:01,140 They're fleecing large funds. 906 00:59:01,259 --> 00:59:02,580 That's what this is all about. 907 00:59:03,150 --> 00:59:03,660 That's all. 908 00:59:03,660 --> 00:59:07,680 This is about, it started with a business transaction model where 909 00:59:07,680 --> 00:59:11,640 they can facilitate exchange currencies for commerce, but 910 00:59:11,640 --> 00:59:13,110 that's not really what's going on. 911 00:59:15,390 --> 00:59:16,620 That's not what's going on. 912 00:59:17,160 --> 00:59:20,970 It's going on because there's money to be taken from someone else. 913 00:59:21,240 --> 00:59:27,420 Billions of it, every single day in every, every currency, there's 914 00:59:27,450 --> 00:59:33,299 billions, hundreds of billions of dollars being fleeced from large funds. 915 00:59:35,070 --> 00:59:36,600 That's why these markets are there. 916 00:59:37,650 --> 00:59:41,880 The, the illusion is it's so allow free commerce. 917 00:59:42,450 --> 00:59:44,790 It's allowed to do international trade. 918 00:59:45,509 --> 00:59:46,350 That's bullshit. 919 00:59:46,380 --> 00:59:47,520 That's not what this is. 920 00:59:47,549 --> 00:59:48,000 Okay. 921 00:59:48,180 --> 00:59:51,120 Because if it was really about being efficient, we 922 00:59:51,120 --> 00:59:52,290 would have one world currency. 923 00:59:52,620 --> 00:59:54,270 And that's why I'm telling you as a Christian. 924 00:59:54,270 --> 00:59:56,700 And you may not sound like I may not sound like a Christian, you know, 925 00:59:57,420 --> 01:00:00,420 using the words that this use, but I believe there's heirs of God. 926 01:00:00,480 --> 01:00:00,870 Okay. 927 01:00:00,870 --> 01:00:02,730 And I'm going to tell you if that offends you too bad. 928 01:00:03,240 --> 01:00:06,870 If there, if there is a God and I believe there is, there is a certain 929 01:00:06,870 --> 01:00:09,270 sect that say, there's going to be a one world currency and I'm telling 930 01:00:09,270 --> 01:00:10,470 you that's never going to happen. 931 01:00:11,460 --> 01:00:14,970 It's not going to happen because when, when that happens, 932 01:00:15,450 --> 01:00:17,250 okay, all this falls apart. 933 01:00:18,675 --> 01:00:22,305 All this right here, this whole idea of trading falls apart, 934 01:00:22,305 --> 01:00:23,355 there won't be any more trading. 935 01:00:26,375 --> 01:00:31,385 The fact that they keep individual currencies segregated 936 01:00:31,415 --> 01:00:32,585 apart from one another. 937 01:00:33,485 --> 01:00:38,075 It tells you that that's exactly the reason why they keep it like that because 938 01:00:38,075 --> 01:00:41,825 it gives them a frame of, of, of business. 939 01:00:42,575 --> 01:00:45,635 It gives you the illusion that there's a necessity for a reason. 940 01:00:45,635 --> 01:00:47,705 For this currency, you have to exchange their currency for another. 941 01:00:48,125 --> 01:00:50,135 When in fact it would be more efficient. 942 01:00:50,135 --> 01:00:53,705 If everybody would just do one currency, it would be efficient. 943 01:00:53,705 --> 01:00:54,065 Wasn't it. 944 01:00:56,425 --> 01:01:02,065 If everybody operated on the same currency, world trade commerce 945 01:01:02,095 --> 01:01:05,095 and business transactions internationally would be a breeze. 946 01:01:05,095 --> 01:01:05,815 It'd be easy. 947 01:01:05,815 --> 01:01:10,795 It'd be no cost, but it's not going to happen. 948 01:01:12,055 --> 01:01:13,105 That's not going to happen. 949 01:01:13,105 --> 01:01:13,825 That's why I'm telling you. 950 01:01:14,105 --> 01:01:17,455 As long as there's Marcus to be traded, they're going to trade like this. 951 01:01:17,455 --> 01:01:21,715 It's not going to go away when there is one world currency. 952 01:01:22,345 --> 01:01:24,445 Okay, it's going to be none of this trading. 953 01:01:25,615 --> 01:01:26,785 That's when the trading stops. 954 01:01:27,835 --> 01:01:28,825 So that's why I'm trying to tell you. 955 01:01:29,005 --> 01:01:32,185 It's either in a sense again, it's like everything else I've talked about. 956 01:01:32,185 --> 01:01:33,175 It's binary either. 957 01:01:33,535 --> 01:01:37,885 You're going to have all these multiple currencies to facilitate imbalances. 958 01:01:38,065 --> 01:01:40,525 That's why there's all these individual currencies. 959 01:01:41,095 --> 01:01:43,555 Believe me, the IMF can make one currency. 960 01:01:44,395 --> 01:01:45,025 It can happen. 961 01:01:45,055 --> 01:01:46,945 They can do it in a very short span of time. 962 01:01:46,945 --> 01:01:47,275 They can do it. 963 01:01:48,805 --> 01:01:54,205 But it's not in their interest to do that because they can manipulate governments. 964 01:01:54,415 --> 01:01:56,965 They can manipulate, uh, wars. 965 01:01:57,535 --> 01:02:01,165 They can, uh, naked manipulate people's thought processes, turn 966 01:02:01,165 --> 01:02:05,785 one population against another population, all because of economics. 967 01:02:07,045 --> 01:02:11,275 And they drive it with interest rates and they devalue or raise 968 01:02:11,275 --> 01:02:12,205 the value of their currency. 969 01:02:13,105 --> 01:02:14,545 That's why this exists. 970 01:02:15,355 --> 01:02:17,785 Anybody that tells you anything, apart from that they're full of shit. 971 01:02:18,385 --> 01:02:18,655 Okay. 972 01:02:18,655 --> 01:02:21,445 They either have been subs, they subscribed to some Mickey mouse 973 01:02:21,445 --> 01:02:24,115 idea, or they don't know what the hell they're talking about. 974 01:02:24,325 --> 01:02:26,845 It's as simple as that, there's no other way around it. 975 01:02:27,055 --> 01:02:29,815 And if you disagree, whatever, I don't want to hear about it. 976 01:02:29,815 --> 01:02:30,475 Cause I didn't know 977 01:02:39,385 --> 01:02:40,975 what to expect in that kind of a session today. 978 01:02:40,975 --> 01:02:41,305 Where are you? 979 01:02:42,775 --> 01:02:44,005 I wasn't either, to be honest with you, 980 01:02:47,575 --> 01:02:50,635 Mickey mouse, Mickey mouse means goofy. 981 01:02:50,635 --> 01:02:52,285 Like it doesn't have any validity. 982 01:02:56,715 --> 01:02:56,985 Yeah. 983 01:02:56,985 --> 01:03:02,445 Sometimes there's some opinions about why the markets do what they do. 984 01:03:02,925 --> 01:03:04,515 That just starts a complete nonsense. 985 01:03:04,545 --> 01:03:08,145 I get accused of tin, foil, hat, and tomfoolery. 986 01:03:08,145 --> 01:03:11,145 Like, I don't know what I'm talking about, but I'm the only one talking 987 01:03:11,145 --> 01:03:13,725 about where it's going to go before it does it every single day. 988 01:03:13,725 --> 01:03:14,055 So. 989 01:03:20,940 --> 01:03:21,540 Hopefully. 990 01:03:22,860 --> 01:03:27,240 Yeah, hopefully, um, you know, every single day we spend together, 991 01:03:30,150 --> 01:03:31,830 we are learning a little bit more 992 01:03:36,540 --> 01:03:39,960 and as we go deeper into it, more of it will make much more sense to you. 993 01:03:40,470 --> 01:03:41,940 Um, I don't know what, what's the high here. 994 01:03:42,360 --> 01:03:42,870 I was too busy. 995 01:03:42,870 --> 01:03:44,220 Jawboning with soap box, 996 01:03:48,110 --> 01:03:49,910 uh, 1 30, 2, 27 to the PIP. 997 01:03:50,810 --> 01:03:51,080 Boom. 998 01:03:51,080 --> 01:03:51,250 Right. 999 01:03:51,250 --> 01:03:51,710 Did it fit? 1000 01:03:55,070 --> 01:03:59,240 Um, am I learning by teaching us? 1001 01:03:59,270 --> 01:04:03,650 I'm learning how hopefully I, every time I complete a week with you, and 1002 01:04:03,650 --> 01:04:08,930 even before I did the paid, the paid service, I'm learning more about 1003 01:04:08,930 --> 01:04:15,170 being an educator and how I could have done things better earlier on. 1004 01:04:16,550 --> 01:04:20,120 So yeah, I am learning in that regard a lot about myself. 1005 01:04:21,710 --> 01:04:23,870 My son is a breakeven trader. 1006 01:04:23,890 --> 01:04:28,400 He has bouts where he does well, and then he lets his emotions. 1007 01:04:28,490 --> 01:04:29,600 Cause he's trying to impress me. 1008 01:04:30,440 --> 01:04:35,120 He'll have issues with consistency and he'll start doing overtrade 1009 01:04:35,150 --> 01:04:36,410 to try to fix his problems. 1010 01:04:36,800 --> 01:04:38,540 And I'm trying to teach him that there's no necessity for 1011 01:04:38,540 --> 01:04:40,100 you to rush in there and do it. 1012 01:04:40,100 --> 01:04:40,580 He's he's. 1013 01:04:45,215 --> 01:04:49,775 No, he's 20, actually, he'll be 21 in six days. 1014 01:04:58,765 --> 01:04:58,975 All right. 1015 01:04:58,975 --> 01:05:02,905 Now, watch for expansion in here on the upside for us cat, 1016 01:05:20,555 --> 01:05:22,265 the next level will be 30 to 44. 1017 01:05:22,265 --> 01:05:24,935 And then above that, we'd be looking for this area in here, 1018 01:05:25,715 --> 01:05:27,005 running off those equal highs. 1019 01:05:27,005 --> 01:05:27,995 We mentioned the other day. 1020 01:05:34,335 --> 01:05:34,515 Yeah. 1021 01:05:34,515 --> 01:05:38,265 Some of, some of these videos in the first couple months are going to have to be long 1022 01:05:38,925 --> 01:05:43,485 because there's a lot of insights that I just can't communicate to you in a tweet. 1023 01:05:44,055 --> 01:05:48,105 It's just, you can't get it in or let's put it this way. 1024 01:05:48,135 --> 01:05:51,195 I don't know how to teach it to you in a tweet. 1025 01:06:03,765 --> 01:06:06,885 Well, we only got to the September content right now, except for the. 1026 01:06:08,384 --> 01:06:10,455 Installments on the videos for October. 1027 01:06:10,455 --> 01:06:13,455 So the only thing that you should be focusing on now in study is 1028 01:06:13,515 --> 01:06:16,425 the only notes that are available and teachings for September. 1029 01:06:22,025 --> 01:06:26,285 Uh, well, I, I appreciate everyone's concern about the length of the 1030 01:06:26,285 --> 01:06:29,134 videos, but you know, the first couple of months I mentioned this, 1031 01:06:29,745 --> 01:06:31,085 think about what I'm doing here. 1032 01:06:31,535 --> 01:06:38,235 Um, making all of the free tutorials and how many videos did I do that were free? 1033 01:06:39,945 --> 01:06:41,175 I don't even know how many I did. 1034 01:06:41,265 --> 01:06:43,815 I mean, there's like a thousand hours of stuff. 1035 01:06:44,115 --> 01:06:44,505 Okay. 1036 01:06:45,975 --> 01:06:52,935 So if, if we have all that work in terms of study material, I got to 1037 01:06:52,935 --> 01:06:55,095 compress all that stuff in three months. 1038 01:06:55,815 --> 01:07:00,225 And there's no way for me to give you all of the salient points that you should've 1039 01:07:00,225 --> 01:07:05,865 taken away over live charts without having a couple long ones here and there. 1040 01:07:06,405 --> 01:07:09,075 And you're just going to have to accept that and it's all recorded. 1041 01:07:09,075 --> 01:07:11,115 So don't think that the rest of this tutorial, I mean, the rest 1042 01:07:11,115 --> 01:07:14,685 of this mentorship to videos are going to be this long because you 1043 01:07:14,685 --> 01:07:16,215 don't know a whole lot right now. 1044 01:07:17,175 --> 01:07:20,205 That's the whole part of bridging that gap. 1045 01:07:21,825 --> 01:07:24,495 Believe me, I don't, I don't want to be spending, you know, I don't want 1046 01:07:24,495 --> 01:07:28,485 to be spending hours all day long doing videos when we're in month six. 1047 01:07:28,945 --> 01:07:30,435 It won't be there. 1048 01:07:30,435 --> 01:07:31,665 Won't be that much to talk about. 1049 01:07:32,475 --> 01:07:34,965 There'll be specific conditions that I'll say, Hey, this is. 1050 01:07:35,745 --> 01:07:40,005 XYZ and expect this, this and this, and you'll know exactly what to look for. 1051 01:07:40,005 --> 01:07:42,015 And when it fails, you know what to expect. 1052 01:07:42,375 --> 01:07:43,035 It you'll know. 1053 01:07:43,065 --> 01:07:47,535 You'll just know, but I can't get you to that point until we look at price 1054 01:07:47,535 --> 01:07:51,404 action and show you over a period of three months, every single trading 1055 01:07:51,404 --> 01:07:55,005 day with great deal detail, why it should be doing what it's doing. 1056 01:07:57,675 --> 01:08:00,585 And then in the latter parts of the, um, the course, you know, you 1057 01:08:00,585 --> 01:08:03,315 won't feel the need to have you'll know exactly what you need to know 1058 01:08:03,315 --> 01:08:04,875 inside of a 15 or 20 minute video. 1059 01:08:07,565 --> 01:08:08,645 And this is what I'm talking about. 1060 01:08:08,675 --> 01:08:10,775 I can't teach this on a daily chart. 1061 01:08:10,895 --> 01:08:13,415 I mean, what do you want, what do I talk about on a daily chart? 1062 01:08:13,745 --> 01:08:14,585 I gotta wait until tomorrow. 1063 01:08:14,585 --> 01:08:19,115 It was close to talk about it again in here on an intraday capacity. 1064 01:08:19,115 --> 01:08:24,154 It allows me a lot of price action to talk about in advance before it happens 1065 01:08:26,535 --> 01:08:30,375 and give you the reasons why it should do it and all that stuff that you're 1066 01:08:30,375 --> 01:08:33,045 going to feel when you're doing a trade that I'm not going to be there. 1067 01:08:33,345 --> 01:08:34,575 I'm not going to be there next to you. 1068 01:08:35,175 --> 01:08:37,215 The only thing you're going to be able to rely on is the 1069 01:08:37,215 --> 01:08:38,564 experience you're having right now. 1070 01:08:40,785 --> 01:08:43,935 No, I don't have, I don't have a David as a son. 1071 01:08:43,935 --> 01:08:47,325 Now we need these types of yeah. 1072 01:08:47,385 --> 01:08:51,345 Well you need them initially, but you won't be needing them 1073 01:08:51,345 --> 01:08:52,575 later on in the mentorship. 1074 01:08:55,245 --> 01:08:57,555 I'm telling you what if I could explain. 1075 01:08:59,065 --> 01:09:03,234 Years with some idea, be willing to sit down with me like this and 1076 01:09:03,325 --> 01:09:04,375 whatever they wanted to charge. 1077 01:09:04,375 --> 01:09:08,365 I would have paid for it because there were so many times where I was in trades 1078 01:09:08,425 --> 01:09:12,025 initially with live money, way too much money, then I should have had on it. 1079 01:09:12,625 --> 01:09:13,855 And I was scared shitless. 1080 01:09:13,885 --> 01:09:15,865 I mean, I was scared. 1081 01:09:16,105 --> 01:09:17,395 I mean, I was paranoid. 1082 01:09:19,475 --> 01:09:23,375 And to have someone that knows what's going on or at least experience having 1083 01:09:23,375 --> 01:09:28,205 done it, this listening to him to talk to me, explaining it and watching it 1084 01:09:28,205 --> 01:09:33,395 unfold would have removed all kinds of anxiety and stress and panic. 1085 01:09:34,355 --> 01:09:38,194 Just to hear someone outside my own voice, because you know what this sounds like. 1086 01:09:38,225 --> 01:09:39,725 I mean, it's in your own head. 1087 01:09:39,725 --> 01:09:40,325 It's deafening. 1088 01:09:40,925 --> 01:09:43,925 You're, you're, you're telling yourself 50 things you should have done differently. 1089 01:09:44,135 --> 01:09:45,515 You should have never took this trade. 1090 01:09:45,875 --> 01:09:47,045 Get out of it right now. 1091 01:09:47,285 --> 01:09:50,315 You know, move your, stop up all kinds of stuff. 1092 01:09:51,095 --> 01:09:52,745 And believe me, I know that's like I did it. 1093 01:09:52,775 --> 01:09:53,944 I've done that. 1094 01:09:58,515 --> 01:10:01,065 And then wondering, you know, you're in a trade and the shit's 1095 01:10:01,065 --> 01:10:02,145 going against you immediately. 1096 01:10:02,145 --> 01:10:02,925 She used to get in there. 1097 01:10:02,925 --> 01:10:05,535 And it what's your thinking is, is that guy at the broker 1098 01:10:05,835 --> 01:10:07,335 is seeing only your chart. 1099 01:10:07,365 --> 01:10:09,765 He's on the other side, like it's a video game you're playing against him 1100 01:10:10,305 --> 01:10:11,625 and he's moving price against you. 1101 01:10:11,715 --> 01:10:14,175 That's what it feels like when you have no idea what's going on. 1102 01:10:15,015 --> 01:10:15,495 Okay. 1103 01:10:15,885 --> 01:10:19,395 And you just want to know, does anybody make money with this? 1104 01:10:19,425 --> 01:10:21,015 Does anybody really know what's going on? 1105 01:10:21,375 --> 01:10:23,565 Because if I could have saw that, okay. 1106 01:10:24,015 --> 01:10:25,765 If I could have saw someone be able to prove. 1107 01:10:26,760 --> 01:10:31,080 Just for a week, just one week, show me that you can tell me where the market's 1108 01:10:31,080 --> 01:10:34,260 going to go, where it should react and then where it should go to afterwards. 1109 01:10:34,530 --> 01:10:39,270 If you could do that, then man, then I won't feel so fearful 1110 01:10:39,270 --> 01:10:41,340 because then it won't feel like they're just out to get me. 1111 01:10:45,540 --> 01:10:46,560 Yeah, it's what it feels like. 1112 01:10:46,560 --> 01:10:47,010 It's weird. 1113 01:10:47,010 --> 01:10:47,250 And it, 1114 01:10:56,660 --> 01:11:02,900 uh, I will share, I will share the, my effects book link with everyone. 1115 01:11:02,900 --> 01:11:07,280 That's part of the mentorship after I remove the balance of those individuals 1116 01:11:07,280 --> 01:11:12,970 that have not paid because they're about to leave us on a permanent basis. 1117 01:11:15,580 --> 01:11:19,510 And I just don't want folks because I get a lot of tweets by people 1118 01:11:19,510 --> 01:11:21,070 that are not part of our mentorship. 1119 01:11:21,100 --> 01:11:25,420 And I just block them because I don't want to distraction, but there's folks 1120 01:11:25,420 --> 01:11:28,810 out there that still believe that I don't know what I'm talking about. 1121 01:11:29,770 --> 01:11:30,520 I can't trade. 1122 01:11:30,520 --> 01:11:33,760 So I don't want to have that forum. 1123 01:11:34,450 --> 01:11:40,360 That's really meant for just you guys to monitor what we're doing because 1124 01:11:40,360 --> 01:11:42,550 invariably what's going to happen is you're all going to get in there and look 1125 01:11:42,550 --> 01:11:46,300 into the discussion portion of the, my effects book and the trolls will be there. 1126 01:11:46,930 --> 01:11:50,260 And you're gonna, you're going to want to defend me and I don't need you to do that. 1127 01:11:50,410 --> 01:11:53,290 You're focused on this stuff focused on leaving. 1128 01:12:02,100 --> 01:12:05,520 When would you want to take partial profits on this move and CAD, 1129 01:12:05,580 --> 01:12:06,570 is that what you're asking cane? 1130 01:12:09,320 --> 01:12:11,120 You should have already paid yourself two times. 1131 01:12:12,080 --> 01:12:13,730 The first one was at this level here. 1132 01:12:15,460 --> 01:12:18,850 The next one is at 1 30, 2 27, because we said we want to monitor what 1133 01:12:18,850 --> 01:12:20,830 it does once we get to this level. 1134 01:12:20,870 --> 01:12:23,680 So far, the only thing that's done is pierced this high here. 1135 01:12:25,370 --> 01:12:26,330 This is normal. 1136 01:12:26,690 --> 01:12:28,100 DePaul's here, but you don't want to see it. 1137 01:12:28,100 --> 01:12:29,240 Come back down below this low. 1138 01:12:29,780 --> 01:12:30,800 You want to see an expand. 1139 01:12:31,040 --> 01:12:32,810 There's no reason for it to come back down here. 1140 01:12:33,710 --> 01:12:34,940 We want to see it, expand up through it. 1141 01:12:36,230 --> 01:12:38,390 Go back to focusing on the dollar on the left-hand side and 1142 01:12:38,390 --> 01:12:41,420 see what it's doing over here. 1143 01:12:47,520 --> 01:12:49,140 This is all part of trade management. 1144 01:12:50,940 --> 01:12:51,960 May go back to a candle. 1145 01:12:52,410 --> 01:12:53,130 Sorry about that. 1146 01:13:01,470 --> 01:13:04,410 And ideally, what you want to do is you want to see an expand through, cause 1147 01:13:04,410 --> 01:13:05,790 we have two downs candles in here. 1148 01:13:06,300 --> 01:13:10,860 Prices dipped into that series of two down candles here with the wick to the 1149 01:13:10,860 --> 01:13:13,320 body, into the body of this candle here. 1150 01:13:13,620 --> 01:13:17,460 So you want to see institutional order flow, support this expansion up through 1151 01:13:17,910 --> 01:13:21,000 drive through those individuals that want to be shortened dollar now because they 1152 01:13:21,000 --> 01:13:23,280 saw a little swing high up here in a WIC. 1153 01:13:24,960 --> 01:13:27,660 Um, Steve Nielsen would call this a bearish pattern. 1154 01:13:27,660 --> 01:13:31,110 So therefore the dollar should go lower and traders are going to trade on it. 1155 01:13:31,110 --> 01:13:33,330 And they're going to put their bicep rate above that high. 1156 01:13:47,580 --> 01:13:51,150 And if we get expansion through 96, 55 on the dollar index, on the left-hand 1157 01:13:51,150 --> 01:13:58,530 chart, that would free up movement on upside to the 30 to forties, $1 Ted. 1158 01:14:01,680 --> 01:14:02,850 So now here's my question. 1159 01:14:02,910 --> 01:14:05,280 We were monitoring looking at CAD. 1160 01:14:06,930 --> 01:14:07,140 Okay. 1161 01:14:07,140 --> 01:14:11,730 Some of you already went along at 31 90 that's 10, 20, 30, 40. 1162 01:14:11,970 --> 01:14:18,030 You're about 40 pips in the profit right now because we're at 10 30, 1163 01:14:18,030 --> 01:14:23,640 essentially at least half of your position should be off now, minimum, 1164 01:14:23,640 --> 01:14:25,140 half your position should already be out 1165 01:14:29,920 --> 01:14:32,710 and your stop should be at plus 10. 1166 01:14:33,760 --> 01:14:36,910 So at 32 big figures where you should be at, why did I take that? 1167 01:14:36,970 --> 01:14:42,850 Because it's a 32 big figure and it's below, it's below this down candle. 1168 01:14:43,210 --> 01:14:45,100 If it comes down below this level here. 1169 01:14:46,420 --> 01:14:47,350 Good grief, Bella. 1170 01:14:52,445 --> 01:14:53,975 I got her on some heavy pain medicines. 1171 01:14:53,975 --> 01:14:56,105 He's a very snoring, like a lumberjack. 1172 01:14:57,455 --> 01:15:00,695 The, uh, you don't want to see the market come down below this level here. 1173 01:15:01,325 --> 01:15:01,685 Okay. 1174 01:15:01,865 --> 01:15:03,365 Cause at the time of the day, you don't want that. 1175 01:15:03,995 --> 01:15:06,305 You want to see it, stay above that and then want to expand 1176 01:15:06,305 --> 01:15:08,555 through, to get through here. 1177 01:15:09,035 --> 01:15:11,075 The next level would want to reach up, reach down into it 1178 01:15:11,075 --> 01:15:12,125 would be this down candle. 1179 01:15:12,725 --> 01:15:16,295 You don't want to see that either because we've already went through this price 1180 01:15:16,295 --> 01:15:20,735 range with this run, then this run again, and then this candle went through it. 1181 01:15:20,735 --> 01:15:21,845 And then we went back down again. 1182 01:15:22,115 --> 01:15:25,565 So if it goes down into this area, that's not good at all. 1183 01:15:27,185 --> 01:15:28,835 It knows it's already traded through here. 1184 01:15:28,835 --> 01:15:32,555 Four times four candles did this entire range in here. 1185 01:15:33,275 --> 01:15:37,145 So price needs to consolidate here at worst and then expand through. 1186 01:15:38,345 --> 01:15:41,075 So if you put your stop at 32, you lock in and 10 pips. 1187 01:15:41,405 --> 01:15:42,395 There's no worrying about it. 1188 01:15:42,395 --> 01:15:43,355 No fuss, no muss. 1189 01:15:43,745 --> 01:15:44,495 He just let it go. 1190 01:15:50,585 --> 01:15:50,765 Yeah. 1191 01:15:50,765 --> 01:15:52,235 You're only supposed to be making one and a half percent. 1192 01:15:52,235 --> 01:15:52,805 What are you trying to do? 1193 01:15:52,805 --> 01:15:53,705 Make 10%. 1194 01:15:53,705 --> 01:15:54,065 One day. 1195 01:16:07,305 --> 01:16:07,905 No problem. 1196 01:16:07,965 --> 01:16:10,395 You don't ever have to tell me you got, you can't stay. 1197 01:16:10,515 --> 01:16:11,835 Just watch the recording. 1198 01:16:11,835 --> 01:16:12,525 You're paying for it. 1199 01:16:12,525 --> 01:16:14,115 Just make sure you, you study it. 1200 01:16:19,860 --> 01:16:21,870 One one and a half percent is modest. 1201 01:16:21,900 --> 01:16:22,290 Yes. 1202 01:16:22,860 --> 01:16:25,980 But it's an objective that I think is realistic. 1203 01:16:28,139 --> 01:16:34,139 I mean, I could sell you, you're learning 20% a month. 1204 01:16:35,019 --> 01:16:38,910 I could do that as a sales page and all that stuff, but I don't want 1205 01:16:38,910 --> 01:16:40,380 you thinking that way coming in. 1206 01:16:41,849 --> 01:16:46,170 Well, you can make one of the 10%, you can make a lot more than, than that. 1207 01:16:46,650 --> 01:16:50,969 I'm not saying as a low end objective for someone that's new, I'm assuming 1208 01:16:50,969 --> 01:16:54,089 there are a great deal of new traders. 1209 01:16:54,690 --> 01:16:57,450 So that's why I'm using the first three months to kind of fill in the gap. 1210 01:16:58,200 --> 01:17:02,250 Some of you that want to view yourself as advanced, and even if you're profitable 1211 01:17:02,250 --> 01:17:06,210 outside of the mentorship, that's great, but that doesn't always equate 1212 01:17:06,210 --> 01:17:09,330 to understanding what I'm going to be teaching in the mentorship because I 1213 01:17:09,330 --> 01:17:12,269 purposely left gaps in the free stuff. 1214 01:17:13,950 --> 01:17:19,589 So you're, you're dealing the charts with me live even during the first 1215 01:17:19,589 --> 01:17:24,179 three months is essential to what we'll be covering in the latter portions. 1216 01:17:28,700 --> 01:17:31,849 I can see your questions, Rob, but I, I'm not looking at Twitter right now. 1217 01:17:40,849 --> 01:17:41,700 Well, I appreciate that. 1218 01:17:41,769 --> 01:17:43,650 I don't want to come across, like I'm beating my. 1219 01:17:44,519 --> 01:17:48,150 In here, but there are a lot of new folks that came in, did they not? 1220 01:17:48,180 --> 01:17:50,130 They didn't spend the entire month of September. 1221 01:17:50,730 --> 01:17:54,660 So when we talk about price moves and if I make the comment and say, 1222 01:17:54,720 --> 01:17:55,980 oh yeah, we were talking about this. 1223 01:17:55,980 --> 01:17:57,150 And we called this level. 1224 01:17:57,599 --> 01:18:00,840 It sounds like hindsight to someone just signed up and they didn't 1225 01:18:00,840 --> 01:18:06,210 sit in here and watch us unfold throughout the entire process before 1226 01:18:06,210 --> 01:18:08,340 it happened every single trading day. 1227 01:18:11,019 --> 01:18:14,860 And that was why the first month was aimed at just trying to teach that don't, 1228 01:18:14,889 --> 01:18:16,360 don't be fearful of missing a move. 1229 01:18:16,389 --> 01:18:17,320 They happen every day. 1230 01:18:17,349 --> 01:18:18,670 Don't, don't worry about it. 1231 01:18:28,599 --> 01:18:31,330 Why am I, why did I have 32, 27 1232 01:18:34,820 --> 01:18:35,450 yesterday? 1233 01:18:35,450 --> 01:18:38,030 If you watch the recording, um, 1234 01:18:41,599 --> 01:18:43,580 if we go out, I think it was a Dunaway chart. 1235 01:18:45,440 --> 01:18:46,370 If I'm not mistaken, 1236 01:18:52,870 --> 01:18:54,220 let me get this little thing of the way. 1237 01:18:56,139 --> 01:18:56,320 Yeah. 1238 01:18:56,320 --> 01:18:59,470 It's the hourly open on this up candle. 1239 01:18:59,530 --> 01:19:03,220 The up candle is a bear shorter block to the opening prices. 1240 01:19:03,220 --> 01:19:06,250 What are highlighted there and that's why we have it. 1241 01:19:06,940 --> 01:19:09,519 And then the next level is the middle of the up candle. 1242 01:19:10,480 --> 01:19:11,440 1 30, 2 45. 1243 01:19:13,800 --> 01:19:16,620 And then beyond that, we're looking for these equal highs to be taken out. 1244 01:19:19,280 --> 01:19:19,700 You're welcome. 1245 01:19:25,100 --> 01:19:29,150 It's not annoying, um, to have some of that repeating questions, because I know 1246 01:19:29,150 --> 01:19:35,060 some of some folks have found me by way of two people that are in the mentorship, you 1247 01:19:35,060 --> 01:19:39,230 know, cause there's a little bit, a lot of uncertainty about my ability to be able 1248 01:19:39,230 --> 01:19:45,170 to do this because I've lived in the realm of hindsight as an educator for years. 1249 01:19:46,040 --> 01:19:50,540 And I wouldn't let anybody see me do this stuff live because admittedly, I 1250 01:19:50,540 --> 01:19:52,460 was afraid that I would get in trouble. 1251 01:19:53,330 --> 01:19:54,920 I mean, I'm going to be going, I'm going to be honest with you. 1252 01:19:54,920 --> 01:19:57,890 I'm I was always fearful that I would get in trouble again and I don't want to mess 1253 01:19:57,890 --> 01:20:01,730 around with a CFTC or any of that stuff. 1254 01:20:01,730 --> 01:20:05,450 And that's why I'm very clear and tell you that everything you ever see in here 1255 01:20:05,450 --> 01:20:06,980 is always going to be a demo account. 1256 01:20:07,550 --> 01:20:10,490 And that's why you agreed on that terms of use as well. 1257 01:20:13,610 --> 01:20:14,060 Um, 1258 01:20:17,750 --> 01:20:19,130 well I hope I don't get in trouble. 1259 01:20:19,130 --> 01:20:19,940 Let's just say it that way. 1260 01:20:20,270 --> 01:20:24,080 I'm not doing anything in here that warrants trade decisions. 1261 01:20:24,080 --> 01:20:26,000 Cause we're, we're practicing in a demo account. 1262 01:20:26,060 --> 01:20:27,080 You can't lose money. 1263 01:20:27,500 --> 01:20:31,610 If you do what I'm telling you to do, do this in a demo account, you absolutely 1264 01:20:31,610 --> 01:20:34,850 cannot lose money, but you can lose. 1265 01:20:36,360 --> 01:20:38,969 You can learn from doing this. 1266 01:20:39,300 --> 01:20:42,570 And if you decide to make your own decisions on trading, which is how it 1267 01:20:42,570 --> 01:20:47,190 should be done in every capacity, whether whatever asset class you trade, uh, when 1268 01:20:47,190 --> 01:20:53,040 you decide that you are versed enough to make decisions on your own, to make 1269 01:20:53,040 --> 01:20:58,349 trades with live funds, I'm interested in hearing what you do, but I'm never telling 1270 01:20:58,349 --> 01:20:59,730 you to do that with your life funds. 1271 01:21:00,090 --> 01:21:02,309 You're never going to see a live account with me ever. 1272 01:21:02,490 --> 01:21:03,300 It's not going to happen. 1273 01:21:04,050 --> 01:21:09,150 Cause for me to do that is the show you, my, my business entities that I trade 1274 01:21:09,150 --> 01:21:13,559 through, I don't trade through my personal name because that doesn't exist because 1275 01:21:13,559 --> 01:21:18,150 everybody out there wants to know where I live, what I, what I drive, you know, 1276 01:21:18,150 --> 01:21:21,870 where they can find me where I'm going to be meeting at mine, uh, next meal. 1277 01:21:22,290 --> 01:21:23,790 And it's, it's ridiculous. 1278 01:21:29,040 --> 01:21:33,690 Watch the dollar on the left-hand side, all the steel, all the Steve 1279 01:21:33,690 --> 01:21:44,349 Nelson candlestick traders here with these inverted hammers decent, or 1280 01:21:44,349 --> 01:21:48,309 whoever's his name is that shows you how much I care about the guy's work. 1281 01:22:07,455 --> 01:22:09,195 I have a, I just bought up yet Phillipe. 1282 01:22:09,585 --> 01:22:11,775 Um, last Tuesday, 1283 01:22:25,525 --> 01:22:26,245 it's a watch. 1284 01:22:26,665 --> 01:22:27,175 Sorry. 1285 01:22:27,894 --> 01:22:29,695 I got, I'm going to get all kinds of emails. 1286 01:22:29,815 --> 01:22:34,465 Uh, some of the feedback I got was like, Hey, uh, you got some good videos, 1287 01:22:36,085 --> 01:22:39,865 but uh, sometimes you talk, you're talking to people that no one can see 1288 01:22:39,865 --> 01:22:41,695 those questions and it's annoying. 1289 01:22:41,934 --> 01:22:43,465 And I can imagine it probably isn't knowing. 1290 01:22:44,724 --> 01:22:47,844 And this is the reason why it's, it would be impossible for me to be doing live 1291 01:22:47,844 --> 01:22:50,755 trades with you in talking over them. 1292 01:22:50,905 --> 01:22:53,094 That's why when we do these, okay. 1293 01:22:53,934 --> 01:23:00,445 Once we start doing the high probability, low resistance liquidity runs, the 1294 01:23:00,445 --> 01:23:03,625 delivery of that information is going to be entirely through Twitter. 1295 01:23:03,955 --> 01:23:08,875 We will not be doing those live with me, having real money behind it, 1296 01:23:08,875 --> 01:23:10,165 because I won't be able to focus. 1297 01:23:10,585 --> 01:23:12,625 There's just too many things and I'll get nervous. 1298 01:23:13,014 --> 01:23:17,035 And when I'm trading, I want to make sure I'm focused because money's at risk. 1299 01:23:17,755 --> 01:23:18,565 When it's like this. 1300 01:23:18,955 --> 01:23:22,855 I don't have any skin in the race and it allows me to be able to be fluid. 1301 01:23:23,005 --> 01:23:24,625 Don't just talk about what it should happen. 1302 01:23:43,430 --> 01:23:47,570 Um, I think it will be a recap in chart only because we spent a lot of time so 1303 01:23:47,570 --> 01:23:52,760 far this morning, or what is this like two and a half hours now, or two hours. 1304 01:24:03,540 --> 01:24:07,320 We should see a run through that 96, 55 now on dollar. 1305 01:24:07,710 --> 01:24:12,750 And we should see expansion to 32 forties, $1 CAD. 1306 01:24:15,800 --> 01:24:19,340 And that should close up the, uh, profit taking hour on 1307 01:24:20,480 --> 01:24:22,460 Ellipta between 10 30 and 11. 1308 01:24:24,740 --> 01:24:28,010 We get to 30 to 40 trail. 1309 01:24:28,010 --> 01:24:31,970 Your stop loss up to 32 20. 1310 01:24:36,000 --> 01:24:38,370 It can't move there until it goes to 30 to 40 though. 1311 01:24:39,360 --> 01:24:41,639 And then it's going to see if it has any room to run those highs out. 1312 01:24:41,639 --> 01:24:42,389 We mentioned earlier. 1313 01:24:51,724 --> 01:24:54,094 Tom asks, is this a, is this a short session? 1314 01:24:54,155 --> 01:24:57,335 And how long is the long session going to be the long sessions when 1315 01:24:57,335 --> 01:24:59,795 I'm asking you guys that bring a sleeping bag because we're actually 1316 01:24:59,795 --> 01:25:01,565 going to go through the entire 24 hour. 1317 01:25:01,985 --> 01:25:02,764 No, I'm just kidding. 1318 01:25:03,575 --> 01:25:09,134 No, this is just one of those days where I got caught in, I don't know, one of 1319 01:25:09,134 --> 01:25:10,695 those days where I get caught up into it. 1320 01:25:17,315 --> 01:25:19,295 I don't know why any of you will be complaining about how 1321 01:25:19,295 --> 01:25:20,254 much time you're spending here. 1322 01:25:20,254 --> 01:25:25,695 You're learning a lot of stuff who cares as occasional talks about Bella. 1323 01:25:29,894 --> 01:25:31,514 There's no way for me to talk about this. 1324 01:25:31,514 --> 01:25:34,365 I mean, even if I sent you a tweet, that would be annoying as hell. 1325 01:25:34,394 --> 01:25:37,875 If I had a Twitter account and it kept going off, like every five minutes, 1326 01:25:38,355 --> 01:25:42,165 like when I send out a barrage or a rant that would piss me off. 1327 01:25:42,254 --> 01:25:46,424 If that was going off every time, just to read 140 characters, I 1328 01:25:46,424 --> 01:25:49,605 can't communicate this in a timely fashion, but I can tell you what 1329 01:25:49,605 --> 01:25:51,165 should happen over to charge live. 1330 01:25:52,125 --> 01:25:53,384 And it's efficient this way. 1331 01:26:09,035 --> 01:26:09,845 What makes that strong? 1332 01:26:09,875 --> 01:26:12,575 What makes it a struggling point is the folks they want 1333 01:26:12,575 --> 01:26:14,345 to see the setups and I get it. 1334 01:26:14,434 --> 01:26:14,855 Trust me. 1335 01:26:14,855 --> 01:26:15,394 I get that. 1336 01:26:15,934 --> 01:26:18,215 They want to see it in chart form because they can't be 1337 01:26:18,605 --> 01:26:20,015 in front of the live session. 1338 01:26:20,045 --> 01:26:26,705 So they're equating value to this mentorship, to that when I'm telling 1339 01:26:26,705 --> 01:26:31,115 them that, send that information to me or that inquiry or concern is that 1340 01:26:31,115 --> 01:26:33,065 that's where we are transitioning into. 1341 01:26:33,934 --> 01:26:37,505 There will be a lot less of this long-winded discussions, because 1342 01:26:37,505 --> 01:26:41,795 you all have already have reference points where I can say, go back to 1343 01:26:41,795 --> 01:26:47,465 this day where I talked about this, you know, help me bridge a barrier 1344 01:26:47,465 --> 01:26:52,505 that you would have, why I'm doing certain things on Twitter charts only 1345 01:27:01,275 --> 01:27:01,545 Mona. 1346 01:27:06,565 --> 01:27:06,665 No. 1347 01:27:06,665 --> 01:27:08,845 I said, look at the dollar on the left-hand side. 1348 01:27:08,875 --> 01:27:14,184 Now we're late in the session, but do you see tops in the 1349 01:27:14,184 --> 01:27:15,385 marketplace for them like that? 1350 01:27:21,605 --> 01:27:23,195 Not, not, not usually. 1351 01:27:23,195 --> 01:27:27,365 Now, when did that close, you know what it feels like that's the time 1352 01:27:27,365 --> 01:27:30,125 when you're short and you have your stop rate above that 96 55. 1353 01:27:31,580 --> 01:27:33,420 And you break it, you break out the prayer beads. 1354 01:27:46,400 --> 01:27:46,880 You will. 1355 01:27:46,910 --> 01:27:47,150 Yeah. 1356 01:27:47,150 --> 01:27:51,830 You would be taking profit, taking what right now you want to see the expand. 1357 01:27:52,820 --> 01:27:56,870 See, they've already spent time in here and we really haven't moved 1358 01:27:56,870 --> 01:27:58,160 that much above these highs yet. 1359 01:27:58,460 --> 01:27:59,120 That's what I'm saying. 1360 01:27:59,120 --> 01:28:01,700 We got to look for expansion because they're going to want to 1361 01:28:01,700 --> 01:28:04,460 try to price exiting their loans. 1362 01:28:04,820 --> 01:28:08,360 They've accumulated on that run higher. 1363 01:28:09,200 --> 01:28:12,950 They, they're not, they're not collapsing while it's down. 1364 01:28:13,400 --> 01:28:13,670 Okay. 1365 01:28:13,670 --> 01:28:18,320 They, they, they get out as it makes a run higher because we see this 1366 01:28:18,320 --> 01:28:22,610 over here and we have a little bit of left of time before we get to 11. 1367 01:28:22,610 --> 01:28:23,030 O'clock. 1368 01:28:24,019 --> 01:28:26,840 The expectation is we're going to see this thing run through on the left-hand 1369 01:28:26,840 --> 01:28:31,609 side, on the dollar index, which frees us up to run to potentially the 32 40. 1370 01:28:35,250 --> 01:28:35,759 Here we go. 1371 01:28:40,299 --> 01:28:42,019 If the baby, if 1372 01:28:46,660 --> 01:28:47,889 it's almost like remote control 1373 01:28:52,440 --> 01:28:56,370 in later months, you're going to swear to God that I got control over what 1374 01:28:56,370 --> 01:28:57,809 you're seeing happening in your chart. 1375 01:29:02,210 --> 01:29:03,170 I'm not showing up yet. 1376 01:29:03,170 --> 01:29:06,440 I'm gradually getting used to this stuff before I start really showing off, 1377 01:29:13,160 --> 01:29:20,450 um, 30 to 40 is for the 20 PIP stop run, right mentor, uh, 30 to 40 is just 1378 01:29:20,450 --> 01:29:25,490 a round number running into the 30 to 44, which is a mean threshold of that 1379 01:29:26,300 --> 01:29:29,330 hourly, uh, bear shorter block right now. 1380 01:29:29,330 --> 01:29:29,990 We're hitting it. 1381 01:29:30,410 --> 01:29:31,639 We hit that level already. 1382 01:29:34,550 --> 01:29:36,080 So 30 to 44 has been hit. 1383 01:29:36,710 --> 01:29:41,660 And now we're going to see if it runs for the liquidity pool up in this green area. 1384 01:29:41,990 --> 01:29:45,590 And if we get a run through, on dollar index through this and get expansion, 1385 01:29:45,590 --> 01:29:49,849 now think if it runs through this high, we expect 10 pips, which would 1386 01:29:49,849 --> 01:29:54,650 send it to what, 96, 65 or 20 pips. 1387 01:29:55,429 --> 01:30:00,530 If it runs that much of a great higher for stops above it, 96 75, which 1388 01:30:00,530 --> 01:30:03,650 would give this room to go all the way up here and clear out the equal 1389 01:30:03,650 --> 01:30:05,870 highs that we've outlined yesterday. 1390 01:30:11,550 --> 01:30:13,679 Uh, I don't know what's coming out in the news. 1391 01:30:14,639 --> 01:30:20,700 Um, I, if it's not on an economic calendar with high-impact or related around a 1392 01:30:20,700 --> 01:30:23,865 train idea, I don't really watch the news. 1393 01:30:23,865 --> 01:30:26,445 I don't care about it or a speech. 1394 01:30:26,955 --> 01:30:33,525 I avoid speeches unless it's going to be yelling or joggy, if it's a speech 1395 01:30:33,554 --> 01:30:34,965 by anyone else, I could care less. 1396 01:30:42,525 --> 01:30:42,764 Yeah. 1397 01:30:42,764 --> 01:30:44,445 It might send it up into that area. 1398 01:30:46,514 --> 01:30:47,474 32 eighties. 1399 01:30:50,715 --> 01:30:54,745 I can put my more lucky day in my log. 1400 01:31:15,894 --> 01:31:16,285 Yeah. 1401 01:31:16,345 --> 01:31:21,804 Um, a lot of folks are really keyed up about being long-term position traders and 1402 01:31:21,804 --> 01:31:23,155 they want to be in the daily timeframe. 1403 01:31:24,175 --> 01:31:26,455 Admittedly, I said this in my free tutorials. 1404 01:31:26,665 --> 01:31:29,304 I just can't operate like that. 1405 01:31:29,394 --> 01:31:32,695 I mean, I can see the price action is not going to outline those moves. 1406 01:31:32,695 --> 01:31:35,215 And it gives me an idea directional bias to be trading as a short term 1407 01:31:35,215 --> 01:31:40,165 trader, but the whole dose positions relative to the daily timeframe 1408 01:31:41,125 --> 01:31:42,865 and trade in that timeframe. 1409 01:31:43,434 --> 01:31:46,585 Holy cow, I just, I can't do that, man. 1410 01:31:46,644 --> 01:31:47,514 I can't bail out. 1411 01:31:47,525 --> 01:31:48,535 Good grief girl. 1412 01:31:55,755 --> 01:31:56,715 I can hear some of you right now. 1413 01:31:56,835 --> 01:31:58,035 This is so unprofessional. 1414 01:31:58,155 --> 01:32:00,345 I'm actually paying for this and this guy's talking to his dog. 1415 01:32:03,165 --> 01:32:05,295 She turned a, she turns a year old in two days. 1416 01:32:05,295 --> 01:32:05,655 Actually. 1417 01:32:14,335 --> 01:32:18,235 I, I see it, but I don't want to acknowledge anyone that's saying they're 1418 01:32:18,235 --> 01:32:23,695 making money because I to do that would indicate that I'm running a service 1419 01:32:23,875 --> 01:32:25,885 of signals and I'm not doing that. 1420 01:32:26,575 --> 01:32:31,615 So I see when you, I mean that stuff, I just don't want to acknowledge it 1421 01:32:32,245 --> 01:32:34,135 because it should be just for you. 1422 01:32:36,655 --> 01:32:37,345 She's a boxer. 1423 01:32:44,595 --> 01:32:50,415 What was my worst trading loss in monetary terms, bad execution, bad trades slippage. 1424 01:32:50,415 --> 01:32:55,905 One time event, bank interference is I lost three and a half million 1425 01:32:55,905 --> 01:33:01,875 dollars in about oh 45 minutes. 1426 01:33:04,215 --> 01:33:04,695 Yeah. 1427 01:33:06,915 --> 01:33:07,245 Yeah. 1428 01:33:07,245 --> 01:33:09,105 We won't be talking about that one too much. 1429 01:33:09,105 --> 01:33:10,775 Without any pain going all over. 1430 01:33:10,875 --> 01:33:12,885 It's sucked real bad. 1431 01:33:16,025 --> 01:33:16,205 Yeah. 1432 01:33:16,205 --> 01:33:18,785 That was the, that one caused the emergency run. 1433 01:33:18,905 --> 01:33:20,315 I had to go to emergency room when that one. 1434 01:33:22,155 --> 01:33:22,934 Losing my mind. 1435 01:33:26,245 --> 01:33:30,775 It was extremely overleveraged and I did something really, really stupid, 1436 01:33:35,724 --> 01:33:36,625 completely avoidable. 1437 01:33:36,625 --> 01:33:39,025 If he'd listen to everything I'm telling you to do none of those 1438 01:33:39,025 --> 01:33:41,455 horrific stories that you'll never have to encounter that stuff. 1439 01:33:45,985 --> 01:33:51,985 Uh, what I learned from that mistake was don't look for the maximum payout 1440 01:33:52,014 --> 01:33:55,525 in the short span of time, ahead of a interest rate announcement. 1441 01:33:56,514 --> 01:33:57,445 That's what I learned. 1442 01:33:57,655 --> 01:33:58,315 Don't do that. 1443 01:34:05,005 --> 01:34:06,595 It was, yeah, it was a young trade. 1444 01:34:24,045 --> 01:34:25,775 Well, it's only, not only that one. 1445 01:34:25,804 --> 01:34:30,045 I have another trade where I was managing other people's money and I 1446 01:34:30,045 --> 01:34:37,635 had to stop on and FXCM didn't honor the stop and I lost $50,000 of other 1447 01:34:37,635 --> 01:34:41,385 people's money and actually had to give them my own money to pay for 1448 01:34:41,385 --> 01:34:43,184 that because I didn't want them to. 1449 01:34:44,385 --> 01:34:44,775 Number one. 1450 01:34:44,775 --> 01:34:47,745 I didn't want them to incur that loss, but I had to break that 1451 01:34:47,745 --> 01:34:50,235 business relationship with them and it caused a lot of bad blood. 1452 01:34:50,595 --> 01:34:51,495 They didn't lose any money. 1453 01:34:51,555 --> 01:34:55,125 I paid for it out of my own pocket because I felt it was the right thing 1454 01:34:55,125 --> 01:34:59,925 to do, but they still have animosity because I won't trade for them anymore. 1455 01:35:00,285 --> 01:35:04,485 And Dave asked many times and I just don't want to do it because it just 1456 01:35:04,695 --> 01:35:07,545 highlighted the fact that, you know, those types of things can happen. 1457 01:35:08,505 --> 01:35:12,225 And that type of stuff is why FXCM got a lot of trouble and they were fined. 1458 01:35:24,635 --> 01:35:29,435 Um, the question is, is, is it typical for brokers to screw you on your stop? 1459 01:35:30,725 --> 01:35:34,445 Well, you're going to find yourself doing that to yourself more than the 1460 01:35:34,445 --> 01:35:37,805 broker, because you're gonna be doing the very things that you shouldn't 1461 01:35:37,805 --> 01:35:39,095 be doing by placing your stop there. 1462 01:35:40,935 --> 01:35:46,335 So what, you're, what you're learning this month by way of looking at trades and 1463 01:35:46,365 --> 01:35:52,185 managing the trade, you're going to learn where the best place to have your stop is. 1464 01:35:52,275 --> 01:35:53,955 And when is it the right time to move it? 1465 01:35:54,675 --> 01:36:01,095 Um, there is actually, um, relative to, uh, her, uh, Periscope. 1466 01:36:01,095 --> 01:36:03,375 I think it was by Tom Dante. 1467 01:36:03,405 --> 01:36:05,925 He, uh, he said that there's no such thing as a free trade. 1468 01:36:06,405 --> 01:36:07,815 There's all kinds of free trades. 1469 01:36:07,815 --> 01:36:09,075 I have lots of free trades. 1470 01:36:09,285 --> 01:36:11,595 Um, but you gotta get to the point where it becomes. 1471 01:36:12,540 --> 01:36:15,509 Um, at initially every trade is a losing trade. 1472 01:36:15,719 --> 01:36:17,820 Every single trader is a losing trader in the beginning. 1473 01:36:18,599 --> 01:36:20,009 You know, you're you have costs. 1474 01:36:20,009 --> 01:36:20,509 They were common. 1475 01:36:20,509 --> 01:36:23,190 I don't care if you're trading commission-based or if you're 1476 01:36:23,190 --> 01:36:27,120 trading them with a spread, you are starting every trade as a loser. 1477 01:36:27,870 --> 01:36:29,550 And how you manage your way out of that. 1478 01:36:29,550 --> 01:36:33,330 Losing trade defined you as a profitable trader. 1479 01:36:34,290 --> 01:36:35,639 Every one of us are losers. 1480 01:36:36,360 --> 01:36:38,910 Not all of us can trade our way out of a losing trade. 1481 01:36:39,540 --> 01:36:42,870 The ones that have longevity in this industry make a career out of 1482 01:36:42,870 --> 01:36:44,519 turning, losing trades into winners. 1483 01:36:45,360 --> 01:36:49,290 The problem is, is everyone believes that their trades a winner, and it can't not be 1484 01:36:49,290 --> 01:36:55,030 any other way, but that, so when the idea is that you there's no such thing as a 1485 01:36:55,030 --> 01:37:00,460 free trade that's on my optic view because your ideal situation is to pay yourself 1486 01:37:01,059 --> 01:37:04,059 and then move your stop to a point at which even if it comes down to hit you, 1487 01:37:05,469 --> 01:37:07,480 it can, it can get through your stop. 1488 01:37:07,570 --> 01:37:09,009 And that's happened to me before. 1489 01:37:09,490 --> 01:37:13,389 So just because you have your stop and you've moved it to break even, there's 1490 01:37:13,389 --> 01:37:14,830 no such thing as breakeven there. 1491 01:37:15,490 --> 01:37:19,000 That's why when I move, I want to try to price in something I want to 1492 01:37:19,000 --> 01:37:21,040 put at least 10 pips in my favor. 1493 01:37:21,759 --> 01:37:27,190 Once I collect a portion of the move and I pay myself, I want to be able 1494 01:37:27,190 --> 01:37:31,000 to have a little bit of cushion from where I got in it and where the stop is. 1495 01:37:31,000 --> 01:37:33,130 So I have about 10 pips is where I'm aiming for. 1496 01:37:33,160 --> 01:37:38,139 That's the objective on every trade I want to plus 10 and being open, you know, 1497 01:37:38,139 --> 01:37:40,380 open profit, reaching for higher up. 1498 01:37:43,525 --> 01:37:46,465 Now, looking at this right here, we have a down candle right there. 1499 01:37:46,585 --> 01:37:47,905 So you're going to be watching that one. 1500 01:37:48,325 --> 01:37:51,355 If it loses the middle of this candle here, it's going to want to 1501 01:37:51,355 --> 01:37:52,795 come, come down to this level here. 1502 01:37:52,795 --> 01:37:55,434 And that's not, you don't want to see that because at the time 1503 01:37:55,434 --> 01:37:56,394 of day, you don't want that. 1504 01:37:56,785 --> 01:37:58,795 You want to see it coming down here, find some support this 1505 01:37:58,795 --> 01:38:00,985 down candle and then run again. 1506 01:38:02,934 --> 01:38:05,965 And in dollar should be running through this high here, because so far it's only 1507 01:38:05,965 --> 01:38:08,275 kissed the top of that, that candle. 1508 01:38:09,384 --> 01:38:10,615 And again, that just doesn't happen. 1509 01:38:10,675 --> 01:38:12,115 They just run it through there. 1510 01:38:23,384 --> 01:38:23,804 Yeah. 1511 01:38:23,804 --> 01:38:25,545 There's a lot of stuff in the mentorship. 1512 01:38:25,575 --> 01:38:30,884 I could literally do two hour discussion about the things you're 1513 01:38:30,884 --> 01:38:32,085 going to learn in the mentorship. 1514 01:38:32,594 --> 01:38:35,985 But the only thing it's going to do is create more email questions, more 1515 01:38:35,985 --> 01:38:37,634 questions during the presentations. 1516 01:38:38,115 --> 01:38:39,105 Can you talk about this? 1517 01:38:39,105 --> 01:38:40,155 And can you talk about that? 1518 01:38:40,634 --> 01:38:45,134 And it creates a distraction for me, which ends up becoming these types of sessions. 1519 01:38:47,925 --> 01:38:50,655 You ended up send me down all these rabbit trails in the night. 1520 01:38:50,684 --> 01:38:52,514 Once I get interested in talking, I won't shut up. 1521 01:38:53,565 --> 01:38:57,134 You dead pulls a Merc with the mouth and unlike the four extra with the mouth, 1522 01:38:57,165 --> 01:38:58,785 once you get me started on, shut up, 1523 01:39:03,335 --> 01:39:05,285 my troll will say I have diarrhea of the mouth. 1524 01:39:07,264 --> 01:39:08,465 Not always, but generally. 1525 01:39:08,465 --> 01:39:08,554 Yeah. 1526 01:39:14,139 --> 01:39:15,370 If I wasn't talking. 1527 01:39:15,490 --> 01:39:17,019 Imagine if we were just sitting here looking at the charts, 1528 01:39:17,050 --> 01:39:18,460 what would, what would you do? 1529 01:39:20,719 --> 01:39:21,440 I mean, it's boring. 1530 01:39:21,469 --> 01:39:25,070 How could you, how could you be engaged about what it is I'm sharing with you? 1531 01:39:25,639 --> 01:39:28,340 Unless I'm talking, I mean, the tr the charts got to move around before 1532 01:39:28,340 --> 01:39:30,019 we get to a next level of discussion. 1533 01:39:32,360 --> 01:39:32,900 Come on. 1534 01:39:45,150 --> 01:39:45,480 Okay. 1535 01:39:45,480 --> 01:39:47,550 So right now we cleared the, uh, dollar high. 1536 01:39:48,120 --> 01:39:51,269 And now, because we're above it, we should see expansion. 1537 01:39:51,269 --> 01:39:53,940 This candle should expand 10 pips. 1538 01:39:55,349 --> 01:39:57,750 And then if it gets a run 20 pips 1539 01:40:12,040 --> 01:40:12,880 man alive, 1540 01:40:21,469 --> 01:40:22,940 this is still a slow market, though. 1541 01:40:25,610 --> 01:40:29,360 I hope we get all kinds of volatility with our elections because man, 1542 01:40:29,360 --> 01:40:31,309 that'll make our mentorship amazing. 1543 01:40:31,429 --> 01:40:33,080 You'll have all kinds of stories to share. 1544 01:40:34,424 --> 01:40:35,985 Probably we'll be moving 300 pips a day. 1545 01:40:35,985 --> 01:40:37,844 We'll be in there taking 80% of the range. 1546 01:40:37,875 --> 01:40:38,625 It'd be awesome. 1547 01:40:39,615 --> 01:40:40,155 Awesome. 1548 01:40:55,964 --> 01:40:56,325 Yeah. 1549 01:41:07,835 --> 01:41:12,695 I personally think that I'm going to just give you a chart on levels of watch 1550 01:41:12,695 --> 01:41:17,615 for, um, non-farm payroll going forward. 1551 01:41:18,335 --> 01:41:23,945 I don't want to, uh, I don't want to spend too much time over top of that in waste. 1552 01:41:24,365 --> 01:41:27,214 Cause there's those days typically I can get into conversation like today 1553 01:41:27,634 --> 01:41:29,195 where we're going along long time, 1554 01:41:42,365 --> 01:41:43,235 insensitive, straight. 1555 01:41:43,245 --> 01:41:46,264 It's a trading day that isn't a trading day for me. 1556 01:41:46,775 --> 01:41:49,504 It's just a watch and see what they do with it. 1557 01:41:50,464 --> 01:41:54,995 And if it's a know, if it's a big move, great, we use it. 1558 01:41:54,995 --> 01:41:55,594 We study it. 1559 01:41:55,605 --> 01:41:57,214 We can reflect on what they ran. 1560 01:41:58,335 --> 01:42:02,595 Convince herself, you know, with more, more evidence that price isn't random. 1561 01:42:02,685 --> 01:42:05,955 It goes to specific reference points relative to institutional order flow. 1562 01:42:06,525 --> 01:42:10,845 And by having those examples, even on a high volatility day, it just 1563 01:42:10,845 --> 01:42:13,725 indicates, I mean, think about before you started learning all this stuff. 1564 01:42:14,295 --> 01:42:17,355 You know, when I used to look at non-farm payroll, I would look at it 1565 01:42:17,355 --> 01:42:19,635 and say, what the hell is all this? 1566 01:42:19,995 --> 01:42:25,365 And it would look random by all indications, looking at a non-farm 1567 01:42:25,365 --> 01:42:32,265 payroll day, typically indicates what randomness, it looks like a carnival ride. 1568 01:42:32,625 --> 01:42:34,695 It looks like, you know, what the hell is going on? 1569 01:42:34,995 --> 01:42:37,015 You know, what's going on, the one that's coming up, it's going down. 1570 01:42:37,015 --> 01:42:38,115 And then it goes right back to the middle. 1571 01:42:38,385 --> 01:42:42,135 You know, how do you look at that and say, well, I'm going to be an investor. 1572 01:42:42,495 --> 01:42:45,644 It doesn't, it doesn't bode well for wanting to put money into a 1573 01:42:45,644 --> 01:42:46,785 market when you see stuff like that. 1574 01:42:47,505 --> 01:42:49,875 But when you understand it in the context of what I teach, 1575 01:42:50,655 --> 01:42:52,815 they only going to levels. 1576 01:42:53,055 --> 01:42:56,925 That makes sense on an institutional basis, they're running stops. 1577 01:42:57,255 --> 01:43:00,555 They're going back to fair value or they're pulling it back to equilibrium. 1578 01:43:01,965 --> 01:43:06,765 But because there's so much uncertainty about that day, it's not 1579 01:43:06,765 --> 01:43:10,394 economical for you as a trader to risk life funds it's as simply as it 1580 01:43:10,394 --> 01:43:11,685 ain't worth it, it's not worth it. 1581 01:43:12,495 --> 01:43:15,495 Even though there's all kinds of wonderful opportunities, you'll be able to show 1582 01:43:15,495 --> 01:43:19,785 after the fact or even demonstrate it, you know, just because you can do that. 1583 01:43:19,785 --> 01:43:22,585 And I've shown it this year, I've done it a couple of times a year. 1584 01:43:23,384 --> 01:43:27,315 Where I either traded it in a demo, or I showed you a where the market's going to 1585 01:43:27,315 --> 01:43:30,045 go beforehand, just because I can do that. 1586 01:43:30,045 --> 01:43:32,295 Doesn't mean I'm going to go in here and trade it with live money. 1587 01:43:32,295 --> 01:43:33,285 It doesn't make any sense. 1588 01:43:33,884 --> 01:43:36,375 I want to have it where it's really loaded in my favor. 1589 01:43:36,674 --> 01:43:39,134 And it's just so stupid for getting me not to take a trade on it, 1590 01:43:39,884 --> 01:43:43,424 then, you know, that's when I'm in there, but then non-farm payroll. 1591 01:43:43,424 --> 01:43:44,415 That's not a day to do that. 1592 01:43:46,344 --> 01:43:52,105 Anybody tells you otherwise, you're just there fulls, generally get these 1593 01:43:52,105 --> 01:43:56,155 guys the hot shot, Facebook traders, or new traders with demo counts. 1594 01:43:56,155 --> 01:43:57,504 And they've never done anything before. 1595 01:43:58,014 --> 01:44:01,375 Um, they're like, yeah, well, I'm going to get in there and trade nonfarm payroll. 1596 01:44:01,375 --> 01:44:02,424 I'm going to make my bank. 1597 01:44:03,254 --> 01:44:04,585 I'm gonna make my Sheta. 1598 01:44:07,134 --> 01:44:08,035 You don't know what you're doing. 1599 01:44:08,035 --> 01:44:08,485 Get out of here. 1600 01:44:16,144 --> 01:44:19,264 Um, I took a trade last week and cable. 1601 01:44:19,264 --> 01:44:20,165 It was a London session. 1602 01:44:20,165 --> 01:44:25,924 And I say that in honesty, because you asked, but the point is, is I have to 1603 01:44:25,924 --> 01:44:29,525 make money outside of what we're doing. 1604 01:44:29,915 --> 01:44:34,325 And I'm focusing primarily on the New York session because it allows me a lot 1605 01:44:34,325 --> 01:44:38,795 of opportunity and it gives me a lot of context to be able to go back to when 1606 01:44:38,795 --> 01:44:43,565 we start in the third month with London setups, I have to take the entire month 1607 01:44:43,625 --> 01:44:49,655 off of November in my own trading, because we'll be doing live sessions 1608 01:44:49,865 --> 01:44:52,394 with London and I can't do live sessions. 1609 01:44:53,519 --> 01:44:58,260 So everything we do in the third month, we'll all be the 1610 01:44:58,260 --> 01:44:59,820 only activity you see me do. 1611 01:44:59,820 --> 01:45:03,990 And it'll all be demo, but I've been I've, I've taken three trades 1612 01:45:04,139 --> 01:45:08,130 this, since the mentorships, uh, started, I've only taken three 1613 01:45:08,130 --> 01:45:09,840 trades and they were London sessions. 1614 01:45:25,490 --> 01:45:29,630 Um, I'm not sure what you mean by that question, cliff. 1615 01:45:29,809 --> 01:45:31,160 Just reword it again, please. 1616 01:45:35,150 --> 01:45:35,840 Yeah. 1617 01:45:35,960 --> 01:45:38,990 Between all three of them on ended 175 pips, 1618 01:45:42,200 --> 01:45:44,690 actually it was a little under 175 pips, 1619 01:45:52,490 --> 01:45:55,910 very quick to take a majority of my first profit off. 1620 01:45:55,910 --> 01:45:59,630 So it freed me up emotionally and psychologically going 1621 01:45:59,630 --> 01:46:00,710 into the New York session. 1622 01:46:07,920 --> 01:46:10,769 Some of those setups David that you're asking about were 1623 01:46:10,769 --> 01:46:12,010 actually discussed and shown. 1624 01:46:12,900 --> 01:46:17,190 Previous charts that I don't want to show you because it, all it does. 1625 01:46:17,190 --> 01:46:21,540 Is it revisits the idea that it's hindsight stuff again, and it's not, 1626 01:46:21,599 --> 01:46:22,679 I don't want you to think of that. 1627 01:46:22,709 --> 01:46:25,709 I mean, we're talking about live events here in CAD before it happens. 1628 01:46:29,049 --> 01:46:31,570 I want to focus primarily on this stuff that it's going to happen next. 1629 01:46:31,570 --> 01:46:33,549 I don't want you to worry about what I did my money. 1630 01:46:33,549 --> 01:46:36,070 That's all hindsight stuff, and you're going to learn all 1631 01:46:36,070 --> 01:46:36,969 of the reasons why I did it. 1632 01:46:37,299 --> 01:46:41,469 And throughout this entire course, there, we get an expansion 1633 01:46:41,469 --> 01:46:44,410 now and the us dollar index. 1634 01:46:44,410 --> 01:46:49,059 So we should be free to start seeing an expansion on dollar cat on the right. 1635 01:47:14,240 --> 01:47:16,519 Are you asking specifically about this day cliff? 1636 01:47:22,240 --> 01:47:26,379 Yeah, that's why we were focusing on this day because it had one event 1637 01:47:26,589 --> 01:47:33,099 high-impact at eight 30 for dollar, and we only have one medium impact event for 1638 01:47:33,129 --> 01:47:35,440 cat until this time of day right now. 1639 01:47:36,250 --> 01:47:38,679 So it makes it easier to pick the direction of where 1640 01:47:38,679 --> 01:47:39,400 they're going to reach for the. 1641 01:47:40,870 --> 01:47:43,600 And if this is all there, if this is all the happens for the 1642 01:47:43,600 --> 01:47:44,980 remainder of the day, this is it. 1643 01:47:45,240 --> 01:47:48,940 We made the high today right here, in my opinion. 1644 01:47:49,630 --> 01:47:54,280 And I'm biased because I'm the mentor, but I'm telling you that this is 1645 01:47:54,400 --> 01:47:56,680 in my opinion, this is a good day. 1646 01:47:58,670 --> 01:48:02,930 I mean, the things we outlined, the things that we discussed came to fruition. 1647 01:48:03,710 --> 01:48:07,490 And while the gray, I mean the green area above us, that would be the 1648 01:48:07,490 --> 01:48:09,260 ultimate objective to see expansion. 1649 01:48:09,260 --> 01:48:12,740 If we could get some kind of a run, is that necessary to have made 1650 01:48:12,740 --> 01:48:15,200 money today on this dollar cat? 1651 01:48:18,750 --> 01:48:19,860 No, it's not necessary. 1652 01:48:20,130 --> 01:48:23,010 It's you got 40 pips in this already. 1653 01:48:33,750 --> 01:48:34,500 Euro. 1654 01:48:34,590 --> 01:48:36,840 I am not touching that thing, man. 1655 01:48:40,520 --> 01:48:44,000 Look, I'm just going to say it like this, and then you just watch what happens. 1656 01:48:44,690 --> 01:48:49,550 Deutsche bank is in some deep, deep shit. 1657 01:48:50,270 --> 01:48:52,280 They are in some real trouble. 1658 01:48:53,270 --> 01:48:55,580 We're on Lehman brothers on steroids. 1659 01:48:55,670 --> 01:48:56,090 Okay. 1660 01:48:56,750 --> 01:49:02,200 So if you, I just can't say it enough. 1661 01:49:02,260 --> 01:49:03,820 You gotta be real careful. 1662 01:49:04,270 --> 01:49:04,980 You gotta be real, real. 1663 01:49:19,040 --> 01:49:20,180 Trading the Euro dollars. 1664 01:49:20,180 --> 01:49:20,450 What else? 1665 01:49:20,450 --> 01:49:21,650 Referring to being careful. 1666 01:49:27,250 --> 01:49:29,530 If you have money in Deutsche bank, you need to get it out. 1667 01:49:29,530 --> 01:49:30,520 Let's just say it like that. 1668 01:49:31,030 --> 01:49:32,290 And I'm not bullshitting you. 1669 01:49:32,350 --> 01:49:33,250 You need to get your money. 1670 01:49:33,310 --> 01:49:33,670 Now 1671 01:49:46,160 --> 01:49:50,810 they've already tested the withdrawal controls. 1672 01:49:51,620 --> 01:49:53,270 Certain accounts were locked out. 1673 01:49:53,270 --> 01:49:54,410 They couldn't get their cash out. 1674 01:50:02,110 --> 01:50:02,350 Yeah. 1675 01:50:02,350 --> 01:50:04,960 Had stocks for dosha bank is DB. 1676 01:50:05,380 --> 01:50:08,020 You can see how lovely that market structure has been. 1677 01:50:09,050 --> 01:50:12,910 It's been, it's been a nice ski ride down, lower and lower. 1678 01:50:28,480 --> 01:50:33,520 I see your comment that bot I I'm going to close it with the discussion on it. 1679 01:50:36,094 --> 01:50:39,035 When we do the exercises while we're actually let's do it now, because 1680 01:50:39,245 --> 01:50:41,045 you've mentioned a couple of different times, and I don't want you to get 1681 01:50:41,045 --> 01:50:42,424 offended by me not talking about it. 1682 01:50:43,804 --> 01:50:49,474 Uh, the Aussie dollar last night, for those that were in, 1683 01:50:52,365 --> 01:50:56,205 in this session, we'd looked at, 1684 01:51:00,214 --> 01:51:01,955 and we'll say this and we'll close the session. 1685 01:51:01,955 --> 01:51:04,174 Cause I need to get something to eat and get some medicine in me. 1686 01:51:06,905 --> 01:51:10,384 We looked at the Australian dollar. 1687 01:51:10,384 --> 01:51:16,255 We had a high-impact news event at eight 30 last night in New York time. 1688 01:51:17,365 --> 01:51:21,924 And this trading time of the day is not terribly exciting. 1689 01:51:23,605 --> 01:51:25,674 So the delineations of the day is here. 1690 01:51:27,505 --> 01:51:32,634 Usually this is, um, for its LTD division of time. 1691 01:51:33,474 --> 01:51:35,605 So it's inside of the Asian session. 1692 01:51:35,605 --> 01:51:38,035 So nothing terribly exciting about it. 1693 01:51:39,144 --> 01:51:40,915 And let me go out to a 15 minute timeframe cause that's 1694 01:51:40,915 --> 01:51:42,054 what we were really looking at. 1695 01:51:49,434 --> 01:51:49,735 Okay. 1696 01:51:49,735 --> 01:51:55,405 So the purpose of the session was, again, what we mentioned this morning, or a 1697 01:51:55,405 --> 01:51:59,065 couple of times during this session, this long-winded marathon session of the day. 1698 01:51:59,815 --> 01:52:03,474 The, uh, I got to come up with a disclaimer with this one because it's. 1699 01:52:04,380 --> 01:52:07,740 Shocking when they see how long this one is before they click on it. 1700 01:52:08,460 --> 01:52:12,210 The time of day is during the Asian session. 1701 01:52:13,320 --> 01:52:16,980 If you've followed my work, I teach that the agent session is usually 1702 01:52:16,980 --> 01:52:21,120 when the accumulation phase of the market, uh, daily range is formed. 1703 01:52:21,929 --> 01:52:24,570 So if that's the case, what we're saying is, 1704 01:52:33,170 --> 01:52:37,010 and I'm not going to, usually this is a red red line, but you'll have to permit 1705 01:52:37,010 --> 01:52:43,580 me some Liberty here, do this with just the blue lines is the bracket that out. 1706 01:52:48,860 --> 01:52:51,320 So we have this entire range in here. 1707 01:52:52,219 --> 01:52:52,700 Okay. 1708 01:52:53,780 --> 01:53:00,160 We were watching price relative to this run-up we highlighted 1709 01:53:00,160 --> 01:53:04,059 this bullshit we're block we're inside of the Asian range here. 1710 01:53:05,900 --> 01:53:08,719 And the only thing we saw was the market come down. 1711 01:53:08,870 --> 01:53:11,420 We identified this level initially that we were going to watch, see if 1712 01:53:11,420 --> 01:53:14,150 we're gonna get a response there, the first objective, wasn't going 1713 01:53:14,150 --> 01:53:15,410 to watch it close in this range. 1714 01:53:15,830 --> 01:53:17,389 If it comes down here, we would look for that. 1715 01:53:17,929 --> 01:53:19,670 We ended up getting that right to the PIP. 1716 01:53:20,030 --> 01:53:21,740 It came to 76, 19. 1717 01:53:21,740 --> 01:53:22,460 Exactly. 1718 01:53:23,960 --> 01:53:24,290 Where's that? 1719 01:53:24,290 --> 01:53:24,530 Yeah. 1720 01:53:25,309 --> 01:53:28,309 76, 19, which is the opening on this camera, which is what 1721 01:53:28,309 --> 01:53:29,510 we referenced in the video. 1722 01:53:30,019 --> 01:53:30,800 76 19. 1723 01:53:31,605 --> 01:53:34,934 And we were looking for a potential run up clear these legal, equal highs, 1724 01:53:34,934 --> 01:53:37,095 and maybe even make a run up into here. 1725 01:53:37,605 --> 01:53:42,135 That's all I was looking for if it was going to occur at all, but because 1726 01:53:42,165 --> 01:53:47,894 of the time of day and the nature of that news release, even though it's 1727 01:53:47,925 --> 01:53:53,655 labeled as a high impact news event, time of day included even the divorce 1728 01:53:53,655 --> 01:53:57,825 or block the liquidity, void, all those things there, it didn't give 1729 01:53:57,825 --> 01:53:59,175 us any willingness to go higher. 1730 01:53:59,894 --> 01:54:03,165 They only give us a little minor, a little retracement into a void and that's it. 1731 01:54:03,345 --> 01:54:03,825 Battle luck. 1732 01:54:03,855 --> 01:54:04,755 Good grief, man. 1733 01:54:06,555 --> 01:54:11,355 So if we have, I don't know if you guys can hear that, but 1734 01:54:11,355 --> 01:54:12,525 that is absolutely incredible. 1735 01:54:12,525 --> 01:54:19,755 She sounds like a man snoring about none of that. 1736 01:54:20,325 --> 01:54:24,075 So we had the secondary of what we were looking for. 1737 01:54:24,795 --> 01:54:25,155 Yeah. 1738 01:54:25,394 --> 01:54:26,355 We'll be glad you can't. 1739 01:54:26,355 --> 01:54:27,345 Cause it's noxious. 1740 01:54:27,855 --> 01:54:32,974 So we have the down candle price hits that right in here. 1741 01:54:33,665 --> 01:54:33,965 Okay. 1742 01:54:33,965 --> 01:54:36,724 And then we see all that response going up in this little void. 1743 01:54:40,805 --> 01:54:45,665 I don't know the, uh, the unwillingness to get above these highs in here. 1744 01:54:45,905 --> 01:54:52,175 I told you focus on the stop would be at, uh, below this, this candle here. 1745 01:54:52,625 --> 01:54:57,665 So it would have to be below 75 96. 1746 01:54:57,665 --> 01:54:59,885 So your stock minimum would be 75 95. 1747 01:55:01,870 --> 01:55:03,670 And I think I hit it right here on this candle. 1748 01:55:07,140 --> 01:55:07,680 Not that one. 1749 01:55:12,750 --> 01:55:13,920 That's the one that hit it right there. 1750 01:55:13,920 --> 01:55:15,120 That's where it got stopped. 1751 01:55:15,600 --> 01:55:18,960 So it wasn't a lot of risk on the trade, but the exercise was to 1752 01:55:18,960 --> 01:55:27,010 give you a feeling for trading the time of day, where we're a move of 1753 01:55:27,010 --> 01:55:29,080 significance should not be forming. 1754 01:55:29,950 --> 01:55:34,630 Even having all the ideas and giving all the reasons for why it should reach above 1755 01:55:34,660 --> 01:55:38,590 equal highs, why it should run these equal highs here, even though we have 1756 01:55:39,080 --> 01:55:41,110 a void, we have a bullish or a block. 1757 01:55:42,100 --> 01:55:44,500 If you just trade on those reasons alone, you're going to, 1758 01:55:44,620 --> 01:55:45,580 you're going to encounter this. 1759 01:55:45,580 --> 01:55:49,240 And here's the thing you're going to encounter this also during the 1760 01:55:49,240 --> 01:55:52,809 New York and London session, the trades won't line up with you, 1761 01:55:53,740 --> 01:55:56,950 the, the adversities behind this. 1762 01:55:57,190 --> 01:56:00,400 Now think about it, take everything. 1763 01:56:00,940 --> 01:56:02,470 What we've been talking about the dollar. 1764 01:56:02,800 --> 01:56:03,070 Okay. 1765 01:56:03,070 --> 01:56:05,830 Not just because of today, but where have we been calling the dollar 1766 01:56:11,730 --> 01:56:12,540 specifically? 1767 01:56:12,540 --> 01:56:13,920 Where have we been calling the dollar? 1768 01:56:21,090 --> 01:56:22,290 96, 55. 1769 01:56:22,740 --> 01:56:26,040 So as long as price on the dollar index is below 96, 55. 1770 01:56:28,440 --> 01:56:30,300 We are bearish dollar, a bullish dollar. 1771 01:56:35,280 --> 01:56:35,730 Okay. 1772 01:56:35,940 --> 01:56:36,840 And now what did I say? 1773 01:56:37,170 --> 01:56:39,000 Excuse me, what did I say at the beginning of this recording? 1774 01:56:39,780 --> 01:56:47,160 Four hours ago, almost if we are bullish dollar, what does that equate 1775 01:56:47,160 --> 01:56:51,570 to for foreign currencies that start their parent name with anything 1776 01:56:51,570 --> 01:56:54,660 other than the dollar it's bearish. 1777 01:56:57,460 --> 01:57:03,310 So even if we can make justifications, even with high-impact news, even with 1778 01:57:03,310 --> 01:57:09,640 technical ideas, voids, bull, shorter blocks, clean highs, all that business. 1779 01:57:09,850 --> 01:57:10,300 Okay. 1780 01:57:10,540 --> 01:57:11,410 It could have done that. 1781 01:57:11,410 --> 01:57:12,100 And it's great. 1782 01:57:13,210 --> 01:57:17,710 I'd be able to say, okay, this is one time where it worked, but it's 1783 01:57:17,710 --> 01:57:22,960 against the ideas that the market should be focusing your attention on. 1784 01:57:23,200 --> 01:57:24,450 It's been bullish dollars. 1785 01:57:24,450 --> 01:57:28,270 So that means you should be focusing on what foreign currencies shorting them. 1786 01:57:30,160 --> 01:57:34,540 Now, if you're new and you watched that exercise last night, and a couple of you 1787 01:57:34,540 --> 01:57:36,160 just started your mentor, sit with me. 1788 01:57:36,580 --> 01:57:40,120 And you're probably looking at that and saying, well, that was stupid. 1789 01:57:40,420 --> 01:57:43,360 It didn't pan out and you're already questioning why you're here. 1790 01:57:44,230 --> 01:57:48,430 And that's the reason why I'm telling you, focusing on the exercises, give you 1791 01:57:48,430 --> 01:57:50,620 experience so that we can refer back to. 1792 01:57:51,630 --> 01:57:54,900 What it is that it feels like when you go against the elements that 1793 01:57:54,900 --> 01:57:57,599 we've been talking about every time we talk about the dollar we've 1794 01:57:57,599 --> 01:57:58,650 been calling the dollar higher. 1795 01:57:59,910 --> 01:58:02,280 So if I'm calling the dollar higher and I'm putting you in 1796 01:58:02,280 --> 01:58:06,660 an exercise, that's against that premise, what is your takeaway? 1797 01:58:06,660 --> 01:58:10,410 What do you, what's the benefit of doing it as a new trader or someone 1798 01:58:10,410 --> 01:58:13,080 they only want to focus on finding productive trades or getting sick. 1799 01:58:13,080 --> 01:58:15,420 Those from me, you're going to say it's a waste of your time. 1800 01:58:16,980 --> 01:58:17,820 That's what you're feeling. 1801 01:58:18,180 --> 01:58:20,400 You're wanting to chase the profitable entries. 1802 01:58:20,700 --> 01:58:22,980 And I'm telling you to get to that. 1803 01:58:23,190 --> 01:58:26,880 You have to know what it feels like to be doing these types of things and know 1804 01:58:26,880 --> 01:58:29,250 why it's not going to pan out for you. 1805 01:58:29,250 --> 01:58:33,120 And here's the thing there's going to be times when you have the technicals 1806 01:58:33,120 --> 01:58:34,740 in your favor, or do you believe you do? 1807 01:58:35,190 --> 01:58:39,090 And when you take the trade, it doesn't pan out, but you have to be able to see 1808 01:58:39,300 --> 01:58:40,980 where the trade no longer is viable. 1809 01:58:41,700 --> 01:58:46,019 We can break it down, not have to take a full stop frame, the trade on really, 1810 01:58:46,019 --> 01:58:48,480 really low risk use, low objectives. 1811 01:58:49,590 --> 01:58:52,620 All these things are actually benefiting you in terms of experience. 1812 01:58:53,700 --> 01:58:55,950 Some of you are going to say, well, I know what it feels like to lose. 1813 01:58:55,950 --> 01:58:56,490 I've done that. 1814 01:58:56,490 --> 01:58:57,420 That's why I signed up. 1815 01:58:59,099 --> 01:59:04,680 But you have to know what it feels like to do that with a perspective. 1816 01:59:04,680 --> 01:59:07,110 That makes sense just because you lost money doesn't mean anything. 1817 01:59:07,980 --> 01:59:11,130 I mean, even as a profitable trader consistently over a long period 1818 01:59:11,130 --> 01:59:12,210 time, you're still losing money. 1819 01:59:12,720 --> 01:59:16,320 You're going to have losing trades, but you gotta be able to differentiate. 1820 01:59:16,410 --> 01:59:17,880 When I tell you that it's a set-up. 1821 01:59:19,880 --> 01:59:20,600 Symmetrical. 1822 01:59:20,600 --> 01:59:23,930 I means the market is designed, uh, in that favor to go lower 1823 01:59:23,930 --> 01:59:25,160 because the dollar is bullish. 1824 01:59:26,360 --> 01:59:29,720 Now, if we're looking for cells, your anxiety level should immediately drop 1825 01:59:30,410 --> 01:59:33,530 your comfort level should immediately, uh, you know, be established that, 1826 01:59:33,530 --> 01:59:36,830 okay, look, you know, I'm, I'm, I'm shading in sync with the direction 1827 01:59:36,830 --> 01:59:38,120 of the marketplace, not against it. 1828 01:59:38,840 --> 01:59:42,170 And there's going to be times when you can trade against the higher timeframe bias 1829 01:59:42,380 --> 01:59:45,440 in there going to be a little different, difficult to learn, because he's going 1830 01:59:45,440 --> 01:59:46,910 to be some rules that you have to bend. 1831 01:59:47,570 --> 01:59:50,090 And that's why those lessons are later in the mentorship. 1832 01:59:50,090 --> 01:59:54,290 Because if I start teaching them male, that'll be confusion. 1833 01:59:54,830 --> 01:59:57,770 You'll be trying to do everything like you still do right now. 1834 01:59:57,780 --> 02:00:01,940 You're all bringing in the free material into your learning here. 1835 02:00:02,180 --> 02:00:05,540 And that's a problem you need to go with just this small little modular, 1836 02:00:05,540 --> 02:00:10,520 skip steps, looking at the daily timeframe, which is why I purposely 1837 02:00:10,520 --> 02:00:12,470 did not take you to last night. 1838 02:00:12,470 --> 02:00:14,900 When we went into this chart, did I show you a daily chart? 1839 02:00:20,710 --> 02:00:23,680 You didn't see one time, a daily chart on this at all. 1840 02:00:23,740 --> 02:00:26,800 You saw the 15 minute timeframe, that's it. 1841 02:00:29,000 --> 02:00:33,140 And I'm trying to show you by forcing these ideas, even if it's order blocks, 1842 02:00:33,140 --> 02:00:37,490 if it's liquidity, voids, if it's equal highs and, uh, uh, uh, run on 1843 02:00:37,490 --> 02:00:42,770 liquidity, all those things you can justify it you'll make it happen. 1844 02:00:42,770 --> 02:00:43,880 You'll see it in a chart. 1845 02:00:43,910 --> 02:00:44,900 You will find it. 1846 02:00:44,900 --> 02:00:45,830 If you torture it on. 1847 02:00:46,605 --> 02:00:48,075 You'll find optimal train entries. 1848 02:00:48,315 --> 02:00:49,395 You'll find discounts. 1849 02:00:49,395 --> 02:00:50,475 You'll find all that stuff. 1850 02:00:52,265 --> 02:00:55,445 But the lesson is, we've been talking about the dollar going higher. 1851 02:00:56,495 --> 02:00:57,695 It's candid. 1852 02:00:57,695 --> 02:00:58,535 It's been obvious. 1853 02:00:59,435 --> 02:01:02,885 We talked about the cable going into oblivion. 1854 02:01:02,975 --> 02:01:06,575 I'll use the word you guys gave me into the abyss. 1855 02:01:07,535 --> 02:01:08,885 We had nothing underneath us. 1856 02:01:10,385 --> 02:01:16,055 So the context is okay, do you want to be a buyer in dollar Aussie dollar? 1857 02:01:16,385 --> 02:01:19,745 Even if the technicals line up, that's the benefit of these exercises. 1858 02:01:19,745 --> 02:01:21,125 I want you to feel that. 1859 02:01:21,875 --> 02:01:24,485 So the answer, your, your question, you you've made this several 1860 02:01:24,485 --> 02:01:30,125 times a bit, bot is it's not making any sense and that's right. 1861 02:01:31,145 --> 02:01:31,865 It's absolutely right. 1862 02:01:31,865 --> 02:01:35,255 And it shouldn't make sense to be a buyer you've been doing a little bit long. 1863 02:01:35,265 --> 02:01:38,795 You probably had more experience using the tools, but for those that have 1864 02:01:38,795 --> 02:01:44,555 not, it's important for them to get in here and engage that, see what happens. 1865 02:01:45,065 --> 02:01:49,385 And if it would have panned out with the 76 35, I would have been 1866 02:01:49,385 --> 02:01:52,655 in here today telling you know, this is still one of those times where 1867 02:01:52,685 --> 02:01:56,465 it worked, but it's not a good trade to trade because here's the reason 1868 02:01:56,465 --> 02:01:58,355 why these are the reasons behind it. 1869 02:01:59,615 --> 02:02:02,375 If we've got to a daily chart, you're going to see that this is all. 1870 02:02:02,405 --> 02:02:03,725 Now I'm doing this right now. 1871 02:02:05,005 --> 02:02:08,345 I'm doing it to show you why it wasn't a good trade. 1872 02:02:08,705 --> 02:02:08,975 Okay. 1873 02:02:08,975 --> 02:02:11,705 So I'm going to use the benefit of hindsight, but I'm gonna tell you before. 1874 02:02:12,900 --> 02:02:14,280 We've already had institutional order flow. 1875 02:02:14,280 --> 02:02:17,490 That was bearish on the daily chart relative to the Aussie dollar. 1876 02:02:18,030 --> 02:02:19,650 And we were coming off of a bearish shorter block. 1877 02:02:20,580 --> 02:02:22,590 So I'm going to highlight this little area in here, 1878 02:02:28,160 --> 02:02:29,870 all this little price action right there. 1879 02:02:31,370 --> 02:02:33,740 That's what we were studying more specifically right in here. 1880 02:02:34,970 --> 02:02:40,760 So let me do that right about there and would take this off cause we don't need it 1881 02:02:45,430 --> 02:02:49,170 or that now watch what happens when you go into a daily chart, 1882 02:02:49,220 --> 02:02:52,300 you're going to see suddenly it's going to make incredible sense. 1883 02:02:52,300 --> 02:02:55,930 Why that would have been dumb move, but more focusing on being short 1884 02:02:55,930 --> 02:02:57,190 because we were bullish dollar. 1885 02:03:09,290 --> 02:03:11,810 We were focusing right in here. 1886 02:03:12,470 --> 02:03:12,950 Okay. 1887 02:03:13,310 --> 02:03:14,450 But what happened here? 1888 02:03:15,380 --> 02:03:18,050 We were demanding price to get up to 76 35. 1889 02:03:18,470 --> 02:03:18,890 Right. 1890 02:03:19,280 --> 02:03:22,880 But what, what did price already do here relative to this candle? 1891 02:03:25,040 --> 02:03:26,930 What's that green candle I'm highlighting right now. 1892 02:03:27,560 --> 02:03:27,920 Right here. 1893 02:03:28,610 --> 02:03:29,180 What is that? 1894 02:03:32,860 --> 02:03:34,660 It already hit the bear shorter block. 1895 02:03:36,760 --> 02:03:38,440 So what timeframe is on your chart right now? 1896 02:03:38,480 --> 02:03:39,520 I'm showing you, what is this? 1897 02:03:42,780 --> 02:03:43,389 The daily. 1898 02:03:44,380 --> 02:03:48,849 So what has more precedence over price action, the daily timeframe in the 1899 02:03:48,849 --> 02:03:53,349 order flow that's established on this timeframe or the 15 minute timeframe 1900 02:03:53,349 --> 02:03:57,339 where I can draw all kinds of lipstick on the chart and show you optimal 1901 02:03:57,339 --> 02:04:01,929 trade entries, discounts, liquidity, voids, all that stuff, and you'll force 1902 02:04:01,929 --> 02:04:06,190 the trade and never see what is more important, which is the higher timeframe. 1903 02:04:09,929 --> 02:04:12,839 So what's the takeaway from that exercise 1904 02:04:26,009 --> 02:04:28,259 just because there's all these elements. 1905 02:04:29,910 --> 02:04:30,929 And I outlined it. 1906 02:04:31,110 --> 02:04:34,980 I justified everything in that thing, showing you every possible 1907 02:04:34,980 --> 02:04:37,349 scenario to warrant along 1908 02:04:40,610 --> 02:04:44,839 completely isolating your perspective away from the daily timeframe, 1909 02:04:49,030 --> 02:04:50,170 knowing this 1910 02:04:54,589 --> 02:04:57,049 great to hear starts the bear shorter block. 1911 02:04:57,769 --> 02:04:58,190 Okay. 1912 02:04:58,639 --> 02:05:03,840 So if price hits it on this candle right there, Where would you reasonably 1913 02:05:03,840 --> 02:05:07,260 expect price to go down from if it's going to go down, if it goes up to 1914 02:05:07,260 --> 02:05:10,470 that level in your seller, relative to the bullishness we have had on 1915 02:05:10,470 --> 02:05:12,420 dollar, what would you easily make? 1916 02:05:12,590 --> 02:05:14,160 Don't try to look at this candle right now. 1917 02:05:14,340 --> 02:05:14,700 Focus. 1918 02:05:14,730 --> 02:05:15,330 Primarily. 1919 02:05:15,540 --> 02:05:17,790 If you were looking at that, what would you be looking for? 1920 02:05:19,110 --> 02:05:20,250 Give me a, give me a price. 1921 02:05:27,070 --> 02:05:29,980 Wouldn't it be reasonable to expect it, to reach below this low here? 1922 02:05:34,880 --> 02:05:36,260 I mean, is this not a swing low? 1923 02:05:36,290 --> 02:05:37,820 What would be resting below that low? 1924 02:05:42,230 --> 02:05:43,970 So in this little shaded area. 1925 02:05:49,700 --> 02:05:50,240 Okay. 1926 02:05:51,560 --> 02:05:54,290 That's why I go overboard and I run my mouth about this stuff. 1927 02:05:56,090 --> 02:06:03,230 The point of these exercises are to show you a contrast between, okay, 1928 02:06:05,330 --> 02:06:08,840 I'm going to say this with every bit of respect, because I'm not trying 1929 02:06:08,840 --> 02:06:14,390 to offend you, but I need you to pay attention to the obvious this morning, 1930 02:06:14,390 --> 02:06:16,640 we outlined the U S dollar CAD. 1931 02:06:17,180 --> 02:06:19,040 We outlined the dollar index. 1932 02:06:19,460 --> 02:06:22,310 I explained to you what was going on in clear terms. 1933 02:06:23,930 --> 02:06:26,690 I did not give you that level of discernment with 1934 02:06:26,720 --> 02:06:28,400 the Aussie dollar last night. 1935 02:06:28,430 --> 02:06:29,990 I only gave you the 15 minute time. 1936 02:06:31,095 --> 02:06:35,295 And I gave you a reason to study it because of the economic calendar. 1937 02:06:35,385 --> 02:06:39,615 It had a high impact news event, but I'm trying to show you in contrast. 1938 02:06:40,155 --> 02:06:44,445 And if you can't get this, it's going to be a repeating theme with you. 1939 02:06:45,075 --> 02:06:48,495 I'm doing a great service by doing this. 1940 02:06:49,605 --> 02:06:54,015 So don't look at this one event and say, just because you took it as 1941 02:06:54,015 --> 02:06:57,375 a trade, which I told you not to do, I told you it was an exercise. 1942 02:06:58,155 --> 02:07:02,474 So if you took it as a long trade, that was you didn't listen. 1943 02:07:03,135 --> 02:07:03,525 Okay. 1944 02:07:03,525 --> 02:07:09,855 So I understand that, but you need to understand that what we're doing 1945 02:07:09,905 --> 02:07:14,865 is I'm showing you in contrast to when the probabilities are highly in 1946 02:07:14,865 --> 02:07:16,875 your favor using the hard timeframe. 1947 02:07:17,625 --> 02:07:18,045 Okay. 1948 02:07:19,485 --> 02:07:24,585 When we do other examples in usually in the New York session, everything you're 1949 02:07:24,675 --> 02:07:28,785 hearing me talk about, that's highly specific and then you see it unfold. 1950 02:07:28,815 --> 02:07:34,575 It's I understand, I understand that, but you just signed whole, you just 1951 02:07:34,575 --> 02:07:38,835 signed a one and if you go through all the material in September, you'll see 1952 02:07:38,835 --> 02:07:40,635 that we don't miss on a daily basis. 1953 02:07:40,995 --> 02:07:44,115 It wasn't a fluke today's example. 1954 02:07:44,115 --> 02:07:45,075 Wasn't just one time. 1955 02:07:49,575 --> 02:07:54,165 So using this level, this would be a bare shoulder block, and this would be the 1956 02:07:54,165 --> 02:07:56,175 next area, liquidity resting below here. 1957 02:07:56,355 --> 02:07:56,565 So. 1958 02:07:57,450 --> 02:08:00,540 In this area here, we wouldn't be more inclined to do. 1959 02:08:00,540 --> 02:08:00,870 What, 1960 02:08:20,050 --> 02:08:23,050 what do you see different now, knowing what we just disclosed? 1961 02:08:23,050 --> 02:08:24,610 This was the bear shorter block up here. 1962 02:08:24,880 --> 02:08:26,800 It traded up into daily. 1963 02:08:28,509 --> 02:08:28,929 Okay. 1964 02:08:29,650 --> 02:08:33,009 Then you want to see what price make an impulse swing lower. 1965 02:08:34,389 --> 02:08:42,550 Right then price comes back up, closes in it's Boyd right in 1966 02:08:42,550 --> 02:08:45,040 here creates another impulse leg. 1967 02:08:45,070 --> 02:08:50,110 Lower comes back up, runs the stops. 1968 02:08:50,139 --> 02:08:56,040 Now here I outlined this last night as a break in market 1969 02:08:56,040 --> 02:08:59,250 structure on a 15 minute timeframe. 1970 02:08:59,250 --> 02:08:59,820 It is, 1971 02:09:03,990 --> 02:09:06,750 but on the higher timeframe, we're inside of a cell. 1972 02:09:07,800 --> 02:09:09,719 It's all being rolled over for cell. 1973 02:09:09,750 --> 02:09:14,519 And now knowing that now this is the part that makes it sound like maybe PIP stays. 1974 02:09:14,550 --> 02:09:15,570 It's all hindsight. 1975 02:09:15,570 --> 02:09:17,849 And of course, I'm going to sound like I'm perfectly, right, because it's 1976 02:09:17,849 --> 02:09:22,200 all behind the fact, but I'm going to counsel you to pay attention to what 1977 02:09:22,259 --> 02:09:23,429 I've been doing on a day-to-day basis. 1978 02:09:24,885 --> 02:09:28,995 Every single trading day, we outlined something I'm told you, there's 1979 02:09:28,995 --> 02:09:31,905 going to be opportunities where I'm going to give you exercises to go in. 1980 02:09:32,115 --> 02:09:35,355 So that way you can feel the contrast of when it's not in your 1981 02:09:35,355 --> 02:09:37,514 favor and when it is, it's a bit. 1982 02:09:37,514 --> 02:09:39,255 But when you say that it didn't make sense. 1983 02:09:39,585 --> 02:09:44,025 It, it that's good that it didn't make sense, but some of you are going 1984 02:09:44,025 --> 02:09:45,434 to do what we were doing last night. 1985 02:09:45,615 --> 02:09:48,105 And I want you to feel the effects of doing that when you're 1986 02:09:48,105 --> 02:09:51,644 not incorporating the higher timeframe institutional or flow. 1987 02:09:54,785 --> 02:09:58,115 Now, if you have that in context, now look at it differently. 1988 02:09:59,135 --> 02:10:01,264 This is the bear shorter blocks they had traded up into. 1989 02:10:01,775 --> 02:10:05,195 So you used to see institutional selling price rallies back up to what 1990 02:10:05,224 --> 02:10:06,755 the middle of the up candle mean. 1991 02:10:06,755 --> 02:10:07,835 Threshold sells off. 1992 02:10:08,525 --> 02:10:09,815 It creates a range in here. 1993 02:10:10,175 --> 02:10:10,535 Okay? 1994 02:10:10,715 --> 02:10:16,804 Price comes back up bottom of this candle here, run some stops. 1995 02:10:17,315 --> 02:10:18,965 This is not a market structure break. 1996 02:10:19,535 --> 02:10:21,335 It's just a run-on stops for anyone. 1997 02:10:21,335 --> 02:10:21,965 That's trailing them. 1998 02:10:21,965 --> 02:10:24,575 Be held above these highs, these equal highs. 1999 02:10:24,575 --> 02:10:29,465 The mind, mind you, the market trades down comes back up trades right back 2000 02:10:29,465 --> 02:10:32,815 into the middle of the up candle trades. 2001 02:10:32,815 --> 02:10:34,375 Lower comes back up. 2002 02:10:34,885 --> 02:10:38,575 Bear shorter block recapitalize trades lower comes back up. 2003 02:10:38,575 --> 02:10:41,035 Retraces middle of the up candle sells off. 2004 02:10:41,035 --> 02:10:45,325 Again, comes back up bears on order block sells again, comes back up. 2005 02:10:45,415 --> 02:10:48,655 It's the bottoming up candle sells again, comes back up, gets 2006 02:10:48,665 --> 02:10:50,365 the bottom of the candle sells. 2007 02:10:51,375 --> 02:10:54,554 It comes back up, hits the bottom of the up candle sells off again. 2008 02:10:58,415 --> 02:10:59,485 You see the difference? 2009 02:11:08,934 --> 02:11:10,344 What don't you see the difference in 2010 02:11:23,315 --> 02:11:26,974 of course, I was trying to make the case on the entire trade on 2011 02:11:26,974 --> 02:11:28,684 just only a 15 minute timeframe. 2012 02:11:28,684 --> 02:11:29,495 That's the point. 2013 02:11:30,455 --> 02:11:31,425 That's not what you do. 2014 02:11:31,445 --> 02:11:32,465 They don't want to do that. 2015 02:11:32,465 --> 02:11:35,915 You want to have a higher timeframe chart, dictate your trade. 2016 02:11:37,735 --> 02:11:39,925 That's the difference of what you see me doing on a day-to-day 2017 02:11:39,925 --> 02:11:44,635 basis in New York sessions, we always incorporate the daily chart. 2018 02:11:44,995 --> 02:11:45,655 Last night. 2019 02:11:45,684 --> 02:11:47,215 I purposely did not do that. 2020 02:11:52,255 --> 02:11:57,415 Why is four runs lower like this bullish? 2021 02:11:58,585 --> 02:12:05,304 Well, in other term, it can be, it can, it can be, that can be a bullish environment. 2022 02:12:05,304 --> 02:12:09,054 Cause it's a run-on stops here, here, here, and here. 2023 02:12:09,054 --> 02:12:12,295 But it doesn't necessarily mean it's going to be a change in direction. 2024 02:12:19,540 --> 02:12:24,460 So, what would you want to see on the 15 minute timeframe within a four-hour block? 2025 02:12:24,970 --> 02:12:28,300 If you stayed with the 15 minutes, but was looking for support. 2026 02:12:29,770 --> 02:12:31,360 Are we talking about the Aussie dollar here? 2027 02:12:31,720 --> 02:12:32,110 Angela, 2028 02:12:35,960 --> 02:12:36,910 what would I be looking? 2029 02:12:36,950 --> 02:12:40,790 Well, the things I just outlined, all the things that were we told you to 2030 02:12:40,790 --> 02:12:44,510 focus on in September is content candle. 2031 02:12:44,540 --> 02:12:45,410 Before the down move. 2032 02:12:45,620 --> 02:12:49,970 Every time it came back to this up candles, there was more distribution in 2033 02:12:49,970 --> 02:12:54,320 this blue line, you would be waiting for price to gravitate and go down below that. 2034 02:13:01,960 --> 02:13:09,100 The point is is if you only look at a 15 minute timeframe, okay, go, go back. 2035 02:13:09,400 --> 02:13:11,170 Even go back to my free tutorial stuff. 2036 02:13:11,890 --> 02:13:15,430 You don't want to frame your trade relative to just a intraday chart, 2037 02:13:15,430 --> 02:13:18,010 less than an hourly basis to do that. 2038 02:13:18,010 --> 02:13:19,360 It's too myopic of a view. 2039 02:13:20,920 --> 02:13:23,350 You can't see institutional order flow. 2040 02:13:24,940 --> 02:13:26,170 I want a 15 or five minute chart. 2041 02:13:26,170 --> 02:13:31,090 It's unless you have referenced the higher timeframe chart, I purposely 2042 02:13:31,090 --> 02:13:32,440 kept you off of the daily chart last. 2043 02:13:43,250 --> 02:13:46,250 Don't cause the point is, is I'm not trying to convince 2044 02:13:46,250 --> 02:13:47,510 you that that was a goodbye. 2045 02:13:47,990 --> 02:13:50,990 I was teaching that, that, that is one way that you're going to get yourself 2046 02:13:50,990 --> 02:13:55,850 in trouble by forcing the perspective of all the tools and concepts. 2047 02:13:57,320 --> 02:14:00,500 Only on a short-term 15 minute timeframe, you can't do that. 2048 02:14:00,920 --> 02:14:05,810 You got to have a higher timeframe, preferably a daily or four hour, 2049 02:14:06,170 --> 02:14:09,350 give you the context of why you're trading the way you're trading in what 2050 02:14:09,350 --> 02:14:10,640 direction and an awful what level. 2051 02:14:12,550 --> 02:14:18,190 So your act and your you're in the right position for you to challenge that thing. 2052 02:14:18,310 --> 02:14:22,720 It didn't make sense, but most of the folks that are in here 2053 02:14:22,840 --> 02:14:24,490 don't have that discernment yet. 2054 02:14:25,180 --> 02:14:29,320 And the only way they get that is by seeing it in contrast, that's 2055 02:14:29,320 --> 02:14:31,150 the benefit of pro of doing it. 2056 02:14:31,180 --> 02:14:32,650 That's the purpose of the exercises. 2057 02:14:34,920 --> 02:14:38,490 So if you're at odds, okay, if you're at odds with why I did it, 2058 02:14:39,090 --> 02:14:41,010 that's exactly how you should feel. 2059 02:14:42,650 --> 02:14:47,390 But for those that are watching, they need to be taken to that point and said, 2060 02:14:47,390 --> 02:14:51,590 okay, I can see that I can justify that because you're going to do that too. 2061 02:14:51,950 --> 02:14:52,940 You're going to do all those types of. 2062 02:14:56,715 --> 02:15:00,434 But you're going to force a trade idea on a smaller timeframe interval, 2063 02:15:00,554 --> 02:15:01,965 like a 15 minute or a five minutes. 2064 02:15:02,625 --> 02:15:07,304 And there's no basis to those trades relative to a hard 2065 02:15:07,304 --> 02:15:08,775 timeframe, which is necessary. 2066 02:15:08,775 --> 02:15:15,674 You have to have that otherwise, you know, you're guessing, and you can make anything 2067 02:15:15,674 --> 02:15:18,195 look like a buyer sell even with my tools. 2068 02:15:20,255 --> 02:15:23,705 But when you use a hard timeframe chart and you use it in the proper 2069 02:15:23,974 --> 02:15:27,245 context, you get what we've been doing every single day in the New York 2070 02:15:27,245 --> 02:15:30,514 session with almost uncanny accuracy. 2071 02:15:33,785 --> 02:15:35,285 Does that make more sense now that bot 2072 02:15:45,945 --> 02:15:50,565 this, understand what you're feeling is exactly what you're supposed to feel, but 2073 02:15:50,565 --> 02:15:54,525 you gotta, you got to permit me time in the first couple of months to give these 2074 02:15:55,215 --> 02:16:01,535 illustrations to those individuals that don't have that experience yet, because I 2075 02:16:01,535 --> 02:16:06,065 can't communicate it effectively with just a static chart or a hindsight example. 2076 02:16:06,065 --> 02:16:06,965 They got to see it. 2077 02:16:06,995 --> 02:16:10,594 They got to go through the process and physically be engaged in it. 2078 02:16:11,285 --> 02:16:13,535 Like when I talked about it, there was 200 and some people in there 2079 02:16:13,655 --> 02:16:17,575 last night and 200, some people that watched it watch me do. 2080 02:16:23,340 --> 02:16:27,690 Well, that's why the, the live sessions are beneficial as well, because 2081 02:16:27,690 --> 02:16:33,060 you see me doing more of it in an accurate capacity than this type of 2082 02:16:33,060 --> 02:16:36,570 stuff, because I'm actually using all the tools in the uniform way. 2083 02:16:36,930 --> 02:16:40,590 It's not cherry picking hindsight explanations it's to teach 2084 02:16:52,160 --> 02:16:52,790 it's okay. 2085 02:16:53,600 --> 02:16:54,470 You trust me. 2086 02:16:54,470 --> 02:16:57,650 You'll, you'll learn more from, from the things like that than 2087 02:16:57,650 --> 02:16:58,820 you will with the good trades. 2088 02:16:59,360 --> 02:17:02,270 You're not going to learn anything except for expecting to be spoonfed. 2089 02:17:02,750 --> 02:17:05,930 And I'm want you to understand how to go into it yourself and 2090 02:17:05,930 --> 02:17:06,920 the pitfalls you're going to have. 2091 02:17:06,920 --> 02:17:10,370 And this is one of the things I screw up on as a trader, I would go in and 2092 02:17:10,370 --> 02:17:16,700 give my reasons for buying or selling solely on the basis of a intraday chart. 2093 02:17:17,600 --> 02:17:20,210 And I was using five minute charts, not a 15 minute chart. 2094 02:17:26,410 --> 02:17:30,460 So hopefully that's answered your inquiry. 2095 02:17:30,460 --> 02:17:31,600 If it hasn't satisfied. 2096 02:17:31,600 --> 02:17:38,110 I certainly apologize for that, but it's meant to give you the contrast 2097 02:17:38,110 --> 02:17:43,450 and not knowing, you know, not knowing what the daily timeframes 2098 02:17:43,450 --> 02:17:44,740 are suggesting in terms of the. 2099 02:17:46,814 --> 02:17:49,994 That's going to be an impediment on your trade, painting out profitably. 2100 02:17:53,355 --> 02:17:54,434 All right, there you go. 2101 02:17:54,494 --> 02:17:59,705 Um, hi, come in at 32 49. 2102 02:17:59,885 --> 02:18:02,014 So we got five pips above the level we were aiming for here. 2103 02:18:02,045 --> 02:18:06,334 We didn't get the, uh, upside expansion here still might happen. 2104 02:18:06,605 --> 02:18:09,455 Might make nonfarm payrolls objective tomorrow. 2105 02:18:09,455 --> 02:18:09,994 Who knows? 2106 02:18:10,715 --> 02:18:12,424 Um, that's something to watch for tomorrow. 2107 02:18:13,654 --> 02:18:16,205 We had a long, long session today. 2108 02:18:17,225 --> 02:18:22,475 Uh, you learned, I'm not sure what you learned, but I got a 2109 02:18:22,475 --> 02:18:26,285 lot off my chest to say that, uh, 2110 02:18:31,744 --> 02:18:34,594 it took a long time for that little bit of movement on us CAD, but 2111 02:18:34,594 --> 02:18:38,014 that's what if we were to do this every single trading day, that's how 2112 02:18:38,014 --> 02:18:39,814 much time some of these moves take. 2113 02:18:40,535 --> 02:18:44,434 And sometimes there's not going to be enough to talk about. 2114 02:18:45,574 --> 02:18:49,025 Um, and sometimes there's going to be a lot of opportunities to talk about. 2115 02:18:49,775 --> 02:18:53,135 So I'm going to wish you a very pleasant day. 2116 02:18:53,135 --> 02:18:59,264 We've spent, uh, three hours together, right? 2117 02:18:59,324 --> 02:19:00,254 It's been three hours, right? 2118 02:19:03,734 --> 02:19:04,785 Three hours. 2119 02:19:05,055 --> 02:19:05,625 Good grief. 2120 02:19:05,654 --> 02:19:06,734 All right, well, let's do this. 2121 02:19:07,125 --> 02:19:08,234 Let's cut bait here. 2122 02:19:08,955 --> 02:19:13,394 Um, we had, in my opinion, we've had a very profitable day in terms of stuff. 2123 02:19:14,190 --> 02:19:19,570 Um, we've had one more opportunity to see the effects of price delivery and 2124 02:19:19,570 --> 02:19:22,470 an understanding of why it should go, where it's going relative to time. 2125 02:19:23,490 --> 02:19:26,400 And I will catch up with you folks later on this afternoon 2126 02:19:26,430 --> 02:19:29,550 with a recap only in chart form. 2127 02:19:30,690 --> 02:19:36,000 And in tomorrow, I will ask you all to forgive me for not being 2128 02:19:36,000 --> 02:19:38,010 a part of a live broadcast. 2129 02:19:38,010 --> 02:19:39,750 And I'll just send you some charts if he could. 2130 02:19:39,780 --> 02:19:44,130 Let me say my voice and then I'll give you something over the 2131 02:19:44,130 --> 02:19:45,390 weekend going into next week. 2132 02:19:45,390 --> 02:19:46,650 So look ahead. 2133 02:19:46,650 --> 02:19:47,040 Okay. 2134 02:19:52,150 --> 02:19:52,480 Awesome. 2135 02:19:52,480 --> 02:19:53,350 Thank you very much. 2136 02:19:53,560 --> 02:19:55,690 And, uh, he stayed the entire time. 2137 02:19:55,840 --> 02:19:56,350 Awesome. 2138 02:19:56,350 --> 02:19:58,210 You got the Ironman certificate. 2139 02:19:59,620 --> 02:20:03,700 We're gonna, uh, we'll touch base again through Twitter on charts. 2140 02:20:04,120 --> 02:20:04,630 Have a good day. 2141 02:20:04,690 --> 02:20:05,470 Good luck and good trading. 181501

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