All language subtitles for Lesson 1.3 Using Data Ranges

All right, guys, we're going to be
looking at a data range example and what

we focusing on the Australian dollar.

Now, if you've noticed we've had a little
bit of a runoff on Aussie, and we're gonna

break this down a little bit and context,
why I was expecting the, the levels that

we're looking at now to be hit looking
at the charts that we share on the forum.

So if you're not paying attention to those
charts, if you're not saving them, um, it

might be a good idea of while we're doing
this month, not that I'm encouraging you

to do this throughout the mentorship, but
when we do, um, daily reviews, I'm taking

you basically to the points at which I'm
drawing my attention to on my own journal,

how I have reference points on my own
charts, what you see may mean noting on

those daily entries on the forum, there,
the points at which I'm keeping focus

in my own journal and any salient points
that would be in addition to those levels,

I will make in terms of commentary.

But the, the month of January, when we do
these daily entries, where I do the dollar

index, the Euro dollar British pound, us
dollar, dollar, cat, and Aussie dollar.

When I share them with you, don't just
click on them and wait for some kind of

a neon sign and say, buy here, sell here.

I want you to be focusing on what
I'm drawing your attention to, and

then watching how price moves to
these levels, regardless of what

type of trader you're going to be.

You're going to need to be focusing on
how that happens from beginning or from

foresight to when now we can talk about
it in hindsight, because all these things

are going to help you prepare yourself
for when you anticipate something and

then waiting throughout that process,
because it's not is quickly learned

by simply looking at hindsight example
where I can say, okay, this is what

we said the market was going to do.

This is where we thought the
market's going to happen.

And here it is, bang.

When you see it in the charts and draw
your attention is drawn to it beforehand.

There's a submission to
time that's required.

And unfortunately we gloss over that many
times, even as educators like myself,

it's hard to communicate what's required
in terms of having to wait for that

thing to unfold or develop in the chart
just simply because we have a level or

an order block or a target, even for
price to get to when you show a hindsight

example, that part of the lesson, which
in my opinion, is the, that's the main,

that's the main point you have to learn.

You have to learn to wait
for these things on unfold.

The impatience.

It's a market presents us an opportunity
to experience is overwhelming sometimes.

And while I'm at many times a credited
for being very patient, I am not

really a patient person at all.

I'm very impatient.

Uh, this, the reason why I don't do
long-term assistant training, but I'm

going to counsel you to go in every
single day when we do our daily entries

for the content, whether it be a video,
a review, or whether it be a teaching, or

if it's something along the lines of just
simply providing the charts, you want to

be really copying those charts, printing
them out, make you hold me, hold me to

the standard of, if I know what I'm doing,
then it should be evidenced in this.

Okay.

It's for, you know, for the most part,
we've seen many times that occurring,

but for your learning, you need this.

Okay.

This is when this was noted.

This is when the observation was made to
how long did it take for this to occur?

Now, since January is focused,
primarily on the daily chart,

obviously each daily candle, when
it paints and closes for the day, it

obviously takes 24 hours to do that.

So yes, we can glibly say that takes
24 hours for this came up a form,

and this is what it takes in terms
of, uh, the setup or level being

reached over this period of time.

It took three days or
four days or two weeks.

You need to experience that
you need to be being mindful

of how long those things take.

Especially on these hard timeframe charts.

If you don't do this and you're new, or
you're just a relatively inexperienced

trader, some of you that are in my group
that have been trading for a long time,

know exactly what I'm referring to.

There, there's a big gap in between
learning something with examples and

hindsight and textbook, and even being
taught something in a webinar or a

workshop live where people say, this
is what happened in the marketplace.

It's missing that element of having
to endure what needs to be waited

upon to come into your chart.

You can't just simply say, okay, well,
this is the outcome of unexpecting.

And therefore it needs
to happen on my time.

That's the part that kills traders.

It was very influential in my
early days as a trader because

I needed it to happen right away
because I first started trading.

Things were moving quick.

They were fast markets.

And then when I realized that it
wasn't like that always, it was a

very big struggling point for me.

So just go in every day, gather
those charts up, print them

out, keep a running log of them.

In fact, it's probably a good idea
just to print them out every day and

get yourself a three ring binder,
punch some holes in it, date them.

Okay.

And then keep track.

It's a good reference point to go back
on, on Saturdays and Sundays on the

weekend when we're not really doing
anything, go back and look at what

was observed before the fact, and then
how long it took for these things to

develop and those levels to be reached.

And what was the response
after it got to this.

Okay.

So it's important.

You go through to get mentorship with
that in mind, I'm not just showing you

trophies or just things in passing.

I'm really drawing to draw your
attention to something that I want you

to focus on and study how long it takes
for these things to come to fruition.

I guess I get it.

Let's get into the Australian
dollar example where the, if

the data range, all right.

So we have here a futures chart.

Okay.

This is the March contract, the
underlying daily chart of the futures

contract or the Australian dollar.

And by looking at the futures contract,
if we're going to be trading for X, okay,

it's really important that you notice you
can get a lot of insights just by studying

the underlying futures price.

So since we're going to be looking at
the Australian USD pair, as our case

study, we're going to be looking at
how influential this study of just

the futures contract alone, how that's
paramount and understanding how that moves

right into and segues beautifully into
trading in the foreign exchange market.

If I were to do a poll right now, and we
were all in the same room together, okay.

And we simply said, Hey, look,
um, I've never traded for X or

I've never chewed a futures.

If you.

Studying one or the other, I guarantee
you a large percent of you'd probably

80% or more, never really refer to
the opposite in terms of the analysis.

So what I mean by that is if you're
a futures trader, you've never

considered what the foreign exchange
markets doing, or if you're a futures

trader I'm sorry, Forex trader, and
you've never considered what the

underlying futures contract is doing.

Vice versa.

It's imperative that you
understand what they're both

doing to get a complete picture.

You want to be looking at both now,
obviously you right away, one's going to

assume, well, it should be the obvious.

It should be the same thing because
the Australian is leading the

payer Aussies versus the dollar.

So therefore the Australian underlying
futures contract should be in fact,

the same thing we see in the foreign
exchange market and by far and large,

that's true, but there are certain
data points that you cannot get by

looking at the foreign exchange market.

There's simply no way of getting
that because foreign exchange

doesn't give you volume.

It doesn't give you accurate volume.

Like you can get volume from
the underlying futures contract.

And we'll talk more about that
as we go, but I want you to

take a look at this chart here.

Okay.

And I'm looking at a little
bit less than six months.

I wanted to show just this data range
because outside of this, the chart

becomes spotty because it is a futures
contract and it's March delivery.

Uh, prior to March, we had December's
contract and that's already expired.

And now we're trading in the nearby
contract, which is March, 2017 Australian

dollar when we taught or rather when
I taught the IPTA data ranges, okay.

Obviously I asked everyone to
hold off, sending me emails, but

some of you were just overzealous
and want to know it right now.

And these are things that are going
to be building on your understanding

as we go through the mentorship,
especially through January.

But I want you to focus when you look at
your daily chart, just simply go through

and look at the last three months.

Okay.

Start whatever, whatever time point
you're looking at, like right now, let's

assume we sat down and charge right now.

And this would be the first day
we're looking at Australian dollar.

We're a brand new trader brand new
to the concept we're sitting down.

How will we, how would we go about looking
at where the crypto data ranges are?

And if we're looking at Australian dollar,
you want to go from today's a candle,

which is what's being painted here.

That it's not a came on notes,
open, high, low, close, but you're

gonna have to suffer through that.

Okay.

Because I had to get these slides
together and I promise there

will be candlesticks shown.

But for now I want to focus
on this because the open

high loan closes important.

The most recent market shift.

Okay.

In the last three months
occurred back in November.

Now I know some of you that
are hard-line critics are

saying, well, here we go again.

It's the hindsight, hindsight thing.

This is where hindsight is gold.

You need to know what I'm going to show
you in this teaching, because it will

clarify what the up-to-date arranges are
actually supposed to be doing for you.

Some of you are thinking that it's
going to call the high and low 20

days, 40 days and 60 days away.

That's not what happens.

Sometimes it can hurt.

Sometimes it can occur, but
that's not what its job is.

Okay.

The, the question that comes up a lot is
when I'm looking for a order block to buy

on, or if I'm looking at an order block
to sell into, or if I'm looking for an

area of buy stocks or sell stocks, which
one should I expect them to go after?

Which one are they going to respect?

How do I know if it's not going to keep
on going through an old high and not be

a turtle soup, sell all those scenarios
and those ideas while I told everyone in

the beginning, if you were just patient
and waited and all those questions were

the answer, but some of you are just
really, really impatient and I get it.

You're excited.

And you think that you're not going
to learn all this stuff in the

remaining time of the mentorship,
but trust me, I'm committed.

You will learn it.

There's tons of information come and
type to you, but you have to let me

go through the process of teaching it.

This isn't the first time I taught this.

To trust me, I've been
successful in the past.

Okay.

So just go along with the process.

But if we look at back in November,
we can clearly see that there was a

major market shift in November, 2016.

Now what that does, it gives
us a great deal of insight.

We can't take a Tynecastle
travel back in time.

Okay.

And be back in November
and go short there.

But we can use the information that
our daily charts are telling us there.

That means there was a great
deal of displacement by the

large players or smart money.

When we see that in November, what
we're seeing here is the underlying

futures contract of the Australian
dollar has a market shift right there.

That's a quarterly market shift
over the last three to six months.

That's the most obvious one.

You can clearly see it.

If I was to ask everyone, if we were
all in the same room, raise your hand.

If you can clearly say that that is
the most obvious market shift in the

last three to six months, everybody
integratively would raise their hand.

They would click and pick.

Obviously you can see it.

You can't deny it.

That's what you're looking for
every three months, there's going

to be something like this occurring.

It could be a sell off creating
a high, or it could be a, a

low where it starts to rally.

But every three months, I
want you to look at your.

And anticipate finding
that in hindsight now.

Great.

That's wonderful.

You can see it in hindsight.

What do you do with that information?

See, this is what I have an issue
with, like with Elliott wave and

all these other very, they're
just, they're highly subjective.

If the market really is influenced
or controlled by smart money,

or if there is what I'm telling
you, there is an algorithm that

controls what price is going to do.

It's absolutely not random.

It's predetermined it's, it's running
on a script that refers to specific data

points that it will go back to over and
over and over again, the IPTA data range.

Okay.

You have a 20 day look back
and cast forward range.

You have a 40 day look back and cast
forward range, and then you have a 60

day look back and cast forward range.

What I'm suggesting to you is if
you are looking at price and you

see a, for instance, they have a
market structure shift here, and the

quarterly shift occurs in November.

That means that now the market is in a
cell profile from that point until it

gets to a level of significant counts.

Direction, what would cause it to
change direction or consolidate?

That's the other thing, that's
the vague green, not green,

but gray area in the analysis.

Sometimes you won't see
a clear retracement or

correction opposite direction.

For instance, it's been
going down November.

Uh, it could have very easily
then consolidating here going

into January and February.

It doesn't need to be a countertrend move.

Like we're seeing unfold here
since the last week of December,

it can be a consolidation.

And as we go further into the content
for the January, uh, delivery of the

information, we'll talk about when
it does or when to anticipate when

it's going to go on the consolidation
and not have a counter swing.

So back in November, we see that
there's a high made what's what's

really going on that low here is broken.

So we have a shift in market
structure and it breaks lower.

We know that we can see it because it's
taken out in an area of equal highs.

And we pierced above that, taking
out the by stock liquidity pool.

And that's seen here that was the,
uh, that was the basis and the

framework around what caused the market
structure shift that quarterly effect

comes in, uh, to operation at that.

Okay, where our eyes go
immediately back to November.

Cause you can clearly see it when you see
that and you delineate down your chart.

What you're doing is, is you're now
identifying to beginning of November.

So you have to have a basis
point where, where is it?

Where did it all begin?

Because if you don't get yourself in sync
with what IPTA most recently did, and

if the is the interbank price delivery
algorithm, that's where your notes again,

you're going to delineate where the most
obvious one, the last three months has

been, then you're going to cast out 20
days, go forward from the beginning of

the month that that market structure
shift or quarterly shift takes place.

You're going to count out 20 days.

Now it may not even be 20 days.

You may look at the chart and say,
Hey, this is an obvious one right here.

Something's really going on.

If you do that, you're really
doing too much anticipation.

You got to go back to the most obvious
one and it may require you going back

three months, but find the most recent one
where the market structure has shifted.

And there was a move that took place.

There was obvious bullish or bearish.

Okay.

And it's really easy if you just divide
your, your daily chart into, uh, quarters,

like put one, put a line on March,
but align on, uh, June and September,

December, and just keep doing that.

You're you're I will go right to.

These quarterly shifts are happening.

They're not going to always
occur on those months.

There's a little bit of gray area,
which is the reason why we have

a look back in a cast forward.

The, if the data range, okay,
what it's really doing is it's

highlighting you as the trader.

You're going to try to mimic
what this algorithm is doing.

It's looking for the liquidity in the
range of 60 days in the past, where is

the cell staffs in the last 60 days?

Where are the buy stops
in the last 60 days?

Where are the fair value gaps?

Where's the price gaps that
price has not been efficiently

delivered in the last 60 days.

Where are the, um, the liquidity voids
where price has only been delivered on

the upside, where it has to come back down
to efficiently deliver price and balance

it out by going back down and closing
in that range, optimal trade entries.

That's where that comes from.

Where are the equilibrium price points?

Does it have to return
back to equal equilibrium?

Did we get too far ahead of
ourselves to be extend too far?

Do we have to come back and retrace
minor retracement before we see the

next leg lower by looking at the market
structure shift that takes place in this

November time period, we are in essence
saying that this is a quarterly shift,

therefore, because of the daily chart.

This is going to give us insight about
what the market should do on a three

month timeline as much as six months.

But I like to remind you that I'm only
really looking for about three months,

horizon time, horizon that far out.

I don't like to look beyond that.

And there's many, many times I can
show you in journals where I had it.

Right.

But I wrote just because I had it right.

Doesn't mean I was executing on every
trade, but many times I'm really accurate

in about four to six weeks time horizon.

And it's about the half
life of a three month cycle.

So if I think that the time horizon is,
um, consistently derived at, by looking

at three months out by using the daily
chart like this, that's my belief.

I'm firm in my belief that I believe I
can teach you how to do that and have a

three month horizon by having that, that
is a great deal of opportunities for all

disciplines of trading long-term position,
swing short-term intra-day scalping,

all that stuff can be done effectively,
like having this time horizon.

But when we find the clear market
structure shift that happens every

quarterly, every three to four months
or so, we find it, we identified

the beginning of that month.

You got to roll back to that first month.

Why are we doing that?

Why does it have to go back to the
first month, first of the month, rather

because if an algorithm and I'm not
sure if any of you are aware of how

computer programs are made or designed.

When a systems analyst, um, sits down
with a company and they say, okay, look,

this is what I want the output to be.

Or I need a, a report generator.

That's going to give me this
outcome, or I need this information,

or I need this computation
made, I need this process done.

Okay.

The system analysis system analyst is
going to say, okay, well, what, what data

points are you making available to me?

So I can sit down with my
team of computer programmers.

Okay.

And the analyst will make a documentation
stage where he sits down and

outlines the overall macro process.

Now because of what they're dealing
with, they are taught and learn

computer programming to some degree,
but they are not doing the programming.

They put all of the context
around what is supposed to happen.

What processes are there, w if this is
done, then this should be done as well.

What checks and balances.

And it's basically the documentation stage
of the process of a computer program.

Then the computer programmers take that
information and they actually code it out.

Now it comes a computer program
and a computer programmer it's

completely utterly blind and useless.

If he doesn't have data points to use,
you can't have a computer program.

Do anything of any value,
unless it knows where to draw.

Data points from there.

It has to be an array of
information coming to it, to

process and do calculations.

So my here's my, this was my epiphany.

Okay.

When I was sitting down with the
folks that were introducing these

ideas to me and no, they're not
in the teaching circuit, you're

never going to meet these people.

Okay.

But when I was introduced on how the
markets actually work and operate, the

fast thing I've, uh, fastest and most
obvious thing I learned was there was

no ambiguity to how price moves around.

There was no randomness because they
were talking about things that had a

finite or origination where it wasn't
like it could have been this day.

It could have been that year.

It could have been this month.

No, no, no, no.

It's absolutely nothing like that.

If you understand it, we're going to be
referring to things that are numerical.

They are price related.

They are value based.

That means that we have to look
at a specific level in price,

but how does the algorithm go?

Just to end the old price?

How does the algorithm know that yet?

That that's where the large one-stops are.

So this is what's taught and permeated
in the teaching, uh, circuits in an

education for trading, they teach.

And I've said these things before,
but I used it to communicate to

you the idea, because most people
don't understand fund level trading.

They don't understand institutional.

They don't, they don't
know those types of things.

They just think I got an account with
my broker, so therefore I'm trading.

And if I get stopped out, it's
my broker that did it to me.

And many times that's true.

But the delivery of price from the central
bank level, that movement, that repricing

is really not always, but on a short
term, it's being repriced to take into

account for large liquidity pools that
are available on the large fund trading

realm, not your little mom and pop.

FXCM not your Owanda you.

None of those, none of those things.

Okay.

Are obvious are on the radar
screen for what I'm teaching

you here, but they are in close.

Um, they're, they're basically
in alignment with the same thing.

Okay.

But they're not this, these
movements for these runs on stops.

They're not looking at,
oh, here's Michael stop.

Okay.

Here's uh, John Jones from, uh,
Allentown, Pennsylvania stops.

Okay.

They, they don't have
that type of information.

They don't see you.

They don't have any identification of you.

They don't have any identification to
retail at all, but because these ideas

are taught across the board the same
way, because it's been put out there

to be done this way, because eventually
if you're, if you are a, an accurate

trader, that's a retail based trader.

Okay.

Eventually if you're profitable
to some degree, what eventually

happens to some of these people.

Very high minded of themselves.

They think then they they're
great at what they're doing.

So therefore they're profitable.

And the first thing they want to do
is prove it to the world, by having

everyone else give them their money.

And they're going to be a
trader that manages funds.

No one wakes up and is
born a large fund trader.

They come up through the ranks of
being a profitable retail trader.

So are they going to come into
that realm and change the way

they've been doing things?

Absolutely not.

It's the same thing
they're going to do there.

Then the difference is they have a
process on the fund level that they have

to go through specific parameters and
guidelines and stay within these to be

compliant with whoever's running that,
uh, that operation behind the scenes.

In other words, just because you're
a large fund manager, unless you're

operating alone and independent.

If you go to work for, uh, an
agency and you are a fund trader

and you're managing under their
umbrella, then you have guidelines.

You have to work within there's there's
rules and, and things that you can't do

outside of these, or you're you're you
basically get canned you're out the door

you're gone and you can't manage anything.

You don't expel you, but
these ideas are the same.

So how can an algorithm or a
country we'll just say it like this.

How can a computer program
know where everyone stopped is?

It has to have a range of data
now just because we have the, the

numbers of price, the value of price.

Okay.

They have to have a look
back period, to look back.

Period is 20 days, 40 days and 60 days.

And what you're doing is,
is, and this is what's.

I want you to do with your time
after today's teaching while you're

waiting for today's daily recap video.

Cause there'll be two, let's go up.

This is the teaching video for today.

And then we'll have a daily review
where I do like 10, 15 minutes talking

about what's already happened and I'll
give you the charts and stuff to study.

I want you to spend
your time this evening.

Okay.

And even tomorrow, while we're
not doing any live session,

go back through your charts.

And don't just look at
the Australian dollar.

Look at every currency pair.

Look at every commodity.

Look at individual stocks, look at
indices and you'll see quickly by

studying this, it will become quickly
clear that there's no randomness to it.

There's a specific pattern that
this thing does all the time.

Now it used to be a manual thing where
the market maker was a real person.

They sat there and they worked
with a team of individuals that

manipulated price to do these very
things, but because everything has

become so streamlined, inefficient
by artificial intelligence, AI, the,

uh, the effectiveness of algorithms.

Okay.

That's been implemented.

It's much more efficient to do that.

And there's no emotion.

It just does what it needs to do.

So if a computer program or I'm quoting
with my fingers now, the interbank price

delivery algorithm, that computer program,
we're going to call it from this point on,

for this teaching, for it to be effective.

It has to know where to
look at, to find stops.

They don't see orders.

That's not what's going on.

They don't see orders.

The orders are executed on by
the traders at the bank level.

The algorithm just permits the
price to move to that level, which

gives the opportunity for the
traders to execute on that run.

That's the real story.

That's what really goes on.

Everybody else out there in this industry
will tell you, well, it's this happening?

And this guy here, he's, he's
pushing a button and it's

doing this to ha no, it's not.

It's not, that's not
what's happening at all.

The algorithm will look back 60
days and it'll find it's very easy.

If you, if you're, if you know anything
about computer programming and you don't

even have to do that, but just look
at this 1st of November, if you look

back 60 days in the past, what was the
highest high in the last 60 days, there's

going to be by stops above that high.

We're still lowest low
in the last 60 days.

There's going to be cell stops
below that low in the last 40 days.

What was the last highest high?

And what was the last lowest.

Looking back in the range to the
left from that November red line that

we're delineating on November, where
are the stops below and above those

highs inside of the range of 20 days,
40 days and 60 days now and already

know what some of you're thinking,
well, what happens if there's a

low that's really, really obvious.

That's just outside the range of 60 days.

That's the farthest extreme.

That's when the open float will
move aggressively and go outside

that normal parameter of 60 days.

And you'll see that big run, the
market will jump and skip right

down into that old low that's
just outside that 60 day range.

How do you know when it's going to be
an explosive move, Michael, when you

have that scenario gift, and last 60
days, if they've already ran out the,

the stops below and low in the last 60
days for above and old high in the last

60 days, and there is a larger, higher,
high or lower low, where the stocks will

be resting above or below respectively,
then, then you know, there's going

to be a big run on price, and they're
going to run for that liquidity because

that's the only other thing that's left.

The large funds have their orders
above and below these old highs.

You work just like the algorithm will in a
60 day range, look back the last 60 days.

And then you watch going forward.

You cast forward 60 days and you can
literally have this on your chart and

you go forward, count forward 60 days.

You can literally go on your daily chart
and empty four and change your date.

60 days forward to make a vertical line.

And that way as price starts
to paint, you'll know you're

approaching that 60 day.

That means it's going to be forming
some measurable enemy, a term

higher, low before that time.

And it's going to create a liquidity
pool above an old high or below

an old well, that's going to be
influential for future trades.

The same thing occurs by looking back
on the last 40 days to the left of

that November 1st look back 40 days.

What was the lowest level?

What was the highest level?

I'm sorry, what was the
highest high rather?

And the lowest low, your biceps above
the old high and sell stocks below that

old low inside of that range of 40 days.

That's where IFTA will
look for that liquidity.

Now it's not giving you a directional
bias yet on telling you it needs to

use these reference points to find
where the stocks would logically be.

See the AI cannot.

It can't think for a human, it can't
do that, but because human nature

says that we will, as traders, put
ourselves, stop below a low and

we will put a buy stop above and.

That's all the algorithms doing.

It's seeking to take price to that level.

When it gets to that level, then
your broker, then the central

bank can do a wild spike and
send it above 10 to 20 pips.

Think about it.

Now 10 to 20 pips then becomes logical.

Why they do those big spikes?

Okay.

Intraday 20 and 10 and
20 pips above and OHI.

Then it stops right.

Many times, right?

At 20 pips or 10 pips, and then rejects.

That goes the other way.

It first has to get to those levels based
on a daily chart in the realm of a 20

PIP, 40 I'm sorry, 20 day, 40 day or 60
day, look back and then cast forward.

So really what you're doing is that you
have 120 days of range from the past

and going forward, there's going to be a
significant move on some of your breasts.

Of course, there's going to
be a mood, Michael, come on.

I mean, a lot can happen in 120 days.

Yeah, you're right.

But there's things that you have
to look for, that the algorithm

is going to be doing to engineer.

These types of moves.

The, you have to have these data points
to know why the market's going to go at

an old, low what old, low, well, where's
the lowest low in the last 20 days.

Where's the last 40 days.

Where's the lowest low in that range.

Where's the highest
high in that last range.

And you need to be noting those because
that's the one that they're gonna run.

They're gonna run rate for.

If there isn't anything that hasn't
been traded to in the last 60 days,

if everything's been wiped out,
above and below the market flights.

In other words, the open float, all the
buy stops above old highs and all the

sell stops blew all lows in the last 68
during your look back in other words,

everything to the left of that November
vertical line at red line, if everything's

been cleaned out above and below the
highs and lows, there's no more buy stops.

There's no more cell stops.

It has to create a new expansion.

So you have to identify what the next
high and low outside that range of

60 days, looking back where that is.

And that's going to tell you
where they're going to draw a

price on this daily timeframe.

It's more, it's more confirmed when you
start applying it to the weekly chart and

the monthly chart, because you'll start
seeing things align where that old load

that's just outside of the last 60 days.

Looking back, there's an old load
that may not be on this chart here.

I don't know.

I'm just giving you a
hypothetical example.

If there's an old load, that's just
outside the realm of September.

In this example here, say maybe there's
August, there's a significant, lower, low.

The market's gone to reach for that.

There may be a high that's just outside
the September boundary in August

that they may have turned around
here and they make a run for that.

Maybe it may be in the
78, uh, price range for a.

That's what you would be noting.

And you're going to look for price to be
drawn to one of those two price points.

And you look for evidences
that that institutional order

flow is going that direction.

Then you know where it's going.

It gives you directional bias because
of the higher timeframe nature of this

daily chart and weekly and monthly.

So what we have here,
this is the look forward.

Okay.

Or cast forward of November.

This is 20 days out from
the 1st of November.

So we have 20 days here
inside of that 20 day range.

There's going to be a significant set
up that you can use for your trading.

It's moving up into the old load.

It was formed in October.

It goes in the consolidation.

Well, here we have a condition
where the market didn't create

any significant shift, but it
starts to move in consolidation.

Then you count forward.

Okay.

From here, that's the 20th.

So you can go from the beginning
of November to the 20th.

Yes.

There was a price swing, but using the
information, the next stage would be

40 days out from that price point of
November, beginning, we have here that

is your 40 day lookout or cast forward.

When you're looking
for again, a potential.

Shift quarterly.

It can happen at that point.

Now it didn't give you the lowest
low, because if you go back to the

left to two daily candles or bars,
the last down right here, this down

candle, that was the actual low.

We had a small little range in here.

And then we came down and
hit this level here at 71 50.

That's the 40 days out from the
beginning of November, framed on the

quarterly shift that took place here.

So we're anticipating a potential
change in the direction.

Okay.

20, 40 or 60 days out.

But that's the range.

It's not always going to do, like
what you're seeing here at, where

it's almost calling the very day.

It moves and makes the change.

It's you're allowing your study to say,
okay, the price has got to move out 20

days and then we could see something
if it doesn't happen in 20 days.

Okay.

Well, in the next 20 days, up to 40
days from where the market structure,

um, last shifted here quarterly, then
we're going to anticipate in the realm

of the next 20 days, it may happen.

So you have to be looking for
signs that it's going to happen.

If you don't do these things, you're
going to marry the idea that the

market's going to keep on going
lower and never turn around it.

Doesn't it doesn't do that.

Markets don't trade in straight lines.

So if we see.

On this day here, this is 40 days
out from the beginning of November.

Very significant price move
occurred from that price.

71 50.

I mean, I would think everyone, if we
were all in the same room, if we raised

our hand, if we were in agreement, I
think the majority of us, if not all of

us would raise our hand, say that's a
pretty significant move off that level.

One of the things I learned when I
was an indicator based trader, uh, I'd

like to stick the Castic, uh, like,
uh, uh, Larry Williams accumulation

distribution formula, where it slotted
in the chemo blind based on the

relationship to open the closed and
closed, open, and measuring that as

some, uh, smart money buying and selling.

Well, sometimes that's true.

Uh, not always.

And it didn't always
give you a divergence.

I liked his William percent art and
the reason why I liked his way in

percent art is because it has an
uncanny ability to be one day before.

Like, if you look at stochastic, you have
to wait for the, the candle, the clothes,

and go to a new candle to see if the K
line crossed the D line or D line cross

the, uh, the K line or wherever it is.

I don't even remember what it was anymore,
but the trigger line that uses, uh, the

idea behind a crossover for staff first to
caustic that has to happen after the fact.

Well, the market's already moved.

When I looked at the percent R what that
did, it gave me many times the day before

the real oversold condition would happen.

For instance, if the oversold
condition existed in Waynesboro, Today.

That means tomorrow is probably still
likely to go down this a little bit

more, but that's going to be the by day.

That's a very low, low, well,
that same phenomenon sometimes

occurs with these ranges.

20 days out.

You may get the, if it doesn't
turn, it may happen on the 21st

day, or it may occur on the 19th day
when the, when it does occur, but

that's not what you're relying on.

So it's important that while that
may have magic in your chart,

sometimes you may see it happen.

It might do the very thing of
turning on the 20th day for

the 40th day or the 60th day.

And you saw that in my first
teaching for the month.

I wish I probably would have stressed
it more because everyone seems to think

that that's, what's going to happen.

I'm not telling you that market
turns every 20 days, every 40

days and every 60 days, but it
can and will sometimes do that.

What we're looking for is these
quarterly shifts that take place.

Once we identify one,
there's our beginning point.

Okay.

But you have to roll back to
the beginning of that month.

It occurs in, occurred in the second
week of, uh, of the month of November.

So we're now we're calibrated.

Now we can start going forward until
we see a equal or counterparty,

uh, to that move on lower.

There has to be a significant, um, re
retracement or a correction or reversal.

It's indicating that here the last
week of December, why is it doing that?

Because we've taken out December.

See that we're trading at a level
where if this was continuously

bearish, it shouldn't be
where it's at right now today.

Okay.

But my point in drawing your attention
to the 40 day is it was not the 40th.

Uh, I'm sorry.

It wasn't the fact that it made the
lowest low and turned on that day.

But look at the low in proximity
to the lowest load that was formed

here inside to see this day here
was inside the range of 40 days

back to this point price point here.

So from this level, looking at
the first day of November casting

forward, 40 days, this whole turning
point right here could have happened

any time in the last 40 days.

Now, again, for some of these
that are cynical, of course,

obviously this is of no value.

It's a great deal of value because inside
that 40 days, just like when we look back

for 40 days and look for the low for cell
stops and we look for the high, for the,

by stops in this range here, what is this?

That's a low below that low is
going to be what sound stops.

Yes.

We moved about 150 pips for so below
that, but we came to a level of 71 50.

That's not random.

71 50 is a significant level.

It's a mid figure that.

And it's happening at a time when
inside of 40 days, the up-to-date

arrange is going to be looking to
do something it has to, it has to

do something every three months.

Price is going to be pushed around.

It's going to be drawn to a level,
or it's going to repel from a level.

And it's based on what
I'm telling you here.

It's seeking large fund liquidity.

Now longer term where we're talking
about monthly and yearly moves.

They are all driven by real fundamental
things like interest rates, but

every quarter, there's going to be
a ebb and flow that takes place a

rally and a decline when this occurs.

That's all short-term in nature.

When you look at long-term trends
that go for five years or 10

years, three months is nothing.

That's like a five minute chart
on the scheme of a weekly chart.

It doesn't mean anything.

There's no significance to it at all.

Long-term macro fundamentals, okay.

Are not impacted by three month cycles.

They're not, they can be used to
get in sync with long-term macro

fundamentals, but the only fundamentals
you're going to get from me is

interest rates, which is going to
be taught to you as month as well.

So again in summary, the 40 days,
and I'm not done teaching, but for 40

days, this range, we're looking back.

Cause see, now here we have a new 40
day look, we're casting forward 40 days.

So at that moment, we're going
to have that in our charts.

From this point here, we know 40 days
from then, this is where we would

have our expectation of a shift.

But we also, because we can
do that in advance, we can now

look back 20 days from there.

We can look 40 days back from there.

Where's the lows.

And where's the highs.

Think about that.

If we know at this point here, casting
40 days forward, we can have a vertical

line right here on our, or on our charts.

Now to someone looking over
your shoulder, they'd be like,

why is that line even there?

Why do you have a vertical line there?

I don't know.

I ain't telling you.

You weren't part of the
mentorship, but from this point

here, counting back, let's good.

Or here's here's you gotta count this day
as day 1, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10,

11, 12, 13, 14, 15, 16, 17, 18, 19 20.

Okay.

To 20 is basically the last
day before you get to December.

So the second to the last day
in November is 20 days back.

What was the highest high
formed in that range?

It's going to be mid July, mid
December, where it made there's equal.

So there's going to be, what's
resting above that by stops.

So what is the Ellipta
algorithm going to do?

It's going to seek that liquidity is
going to go up there and take that.

Which high should I look for?

Michael?

That one, looking back from this point
here, because we know it from this

point here, casting forward 40 days.

Okay.

Going back 40 days.

Well, that's going to be in the range.

That's delineated here with this line
and we've already shown this is the low.

Is there any significance about that low?

Well, I'll counsel you to go into
your four hour, one hour and 15 minute

timeframe and put up 7,300 on your
Aldi dollar and see what you see.

There's nothing random about this stuff.

Folks, that low is 40 days
inside the 40 day range.

Okay.

That is a significant turning point.

It's not the very lowest low,
but you can see that the low

forums, two days before that.

And then we have a market structure shift
and the market starts to go opposite to

what has been put in place in November.

You can now, also from that price point
there, by having a vertical line on the

erode a daily range, you can now start
counting forward 20 days, 40 days, 60

days until you see an obvious shift.

There was a major structure shift.

Okay.

It could be bullshit bears,
whatever one, it happens.

It doesn't make it that you're not
trying to forecast that all you're doing

is anticipating another significant
move in price on a daily chart.

And it happens every three months.

But the point is that the, the data
ranges give you a means of looking

back 20, 40, and 60 days from specific
days and specific price points,

because then you'll know what stops
they're going to be reaching for above

our old high and below an old low.

It's not just, well, I'm looking for
the lowest recent, obvious high and low.

No, no, no, no.

It's not like that at all.

It's not like that at all.

You got to look back in a range of
20, 40, and 60, and then if all those

levels have been cleared out, then
you got to look outside that range.

Then, you know, you're
getting may see a big move.

And if it has these characteristics,
then you know, you're going to see a

larger move higher or lower based on
what those highs and lows would be

outside of the most recent 60 day.

Look back.

So this is the Australian
dollar Campbell stick.

You can rest your eyes a little bit
in the more strain in your eyes.

I'm open high, low close bar.

Here's that 70 50 level.

Okay.

And why that's significant here.

We have a old low back
in February of 2016.

We were the last down
candle, but that last day on.

Has a range in it.

Okay.

Let me show you again.

This is what it looks like that
wick right in here, right here.

Look at that price movement up
rate before the last well, it's

the last week of February, that
big green candle right there.

We know that prior to that,
we saw the down close and that

explosive range higher, that
high is going to be significant.

It's going to be sensitive.

Okay.

But all the way down into the opening
of that weekly range also noticed that

this last down candle here, right before
this big move up in the last week of

may of 2016, that last red candle,
that was the bullish or block as well.

So we have a big range to work within
then going into the latter portions of

2016, the last down candle in December,
that would be a bullish or block as well.

Looking at the, the high and the open on
that candle would give you significant

price points to go forward as well.

But look, what happens when price
hits this 71 50 level, it's been

down here before and they repelled
aggressively away from that.

Fundamentally must be something to it.

I don't know what it is, but on
a weekly chart, we're going to

be using old highs and old lows.

And if there's old highs and all
of those had significant buying

and selling pressures, that's
evidence, and you can see it here.

We have to be mindful.

And you can see that they have
in fact traded down there.

We tapped it two times on a weekly basis.

And I moved out once me moved
out away from that level.

But we see that they're going to
be looking to do what they're going

to be trading above these candles
bodies and the wicks are next.

And we could potentially trade
up into this last candle in the

last week of October of 2016.

That's where the bears order block is.

So we have a range that potentially
could take us off into 75, 70 to

75 80 still for Australian dollar.

Let's go back into the
daily Australian dollar.

And I want you to take a look
at this chart from him and

stare at this for a second.

And tell me what you see, okay, this
is, again, this is the March contract

for the Australian futures market.

It's going to basically do the same thing.

Our Australian dollar pair does and
four X, but what you're seeing here

can not be seen in trading Forex
and air, all these guys that get

on Facebook and on the internet and
Twitter, and they know everything about

Forex and they knew the insides and
everything that, that secret, okay.

The buzzword smart money.

And now it's institutional trading.

Everything is making its way and
everybody else's curriculum now,

but none of them talk about.

Okay.

And this is where I learned the
things that Larry Williams taught

in his book, how I made a million
dollars trading commodities last year

wrote that book in the seventies.

Folks, you know, we're in 2017 now,
very, very few things have the longevity

of what has been taught in his book.

I mean, for less than it costs for
a pair of shoes today, you literally

can buy a book that if you have no
understanding about how commodities

move and how they're priced and all that
business, uh, to me, I think that is an

essential part of every trader's library.

Again, the title is how I made a
million dollars trading commodities

last year, by Larry Williams in his
book, he talks about how he was taught.

He didn't discover it.

He was taught this by his friend.

And I think if I'm not mistaken, I
think he names his friend in that book.

But the, uh, if not, you
can find it on YouTube.

You do a search on Larry Williams and
open interest, but the, the fact that

open interest is the most misunderstood
data point in trading is a wonderful

opportunity for you as a trader.

If there is a now thing, just
for a second, if there is 100%

control over price, there has
to be someone controlling it.

We're going to glibly
call that smart money.

If they are controlling
it, why would they want.

Greed.

They want to make money
just like anybody else does.

Banks are not in the business
to go out of business.

They're in business to buy and
sell money or provide means for

you to borrow money, to pay them
interest on the usage of that money.

That's just one facet of it.

There's also speculation.

That is the mist most misunderstood realm
because it's not widely talked about.

You have to be in that arena.

You have to be there to know
anything about it, and you are

forced to not talk about anything.

So I had to create a
language if you will, okay.

To be able to talk where the
things I understood are effectively

communicated, but also doesn't put
me out there where I'm in trouble.

That's why we are in this teaching.

Uh, this, this medium, the things that
I quickly learned that were apparent in

the marketplace is that yes, there is a
entity out there that is 100% interested

in offsetting large funds because they
have real huge orders in the marketplace.

And if they can upset them or take
them out of the marketplace, they

know that their viewpoint will
eventually get back in line because

they're trend falling in nature.

They can take them out of the move
and then take their seat in that.

Or they can take them in the
wrong side of the move and then

reprice aggressively the other way.

And they can profit from that.

They're not looking at Atlanta or FX, CMEs
books and saying, okay, well, you know,

we're going to really punish retail today.

Retail is just following the,
you know, the blind leader of all

these textbooks, all that stuff.

You know, it leads you to losses.

That's a derivative of you doing
what you've been told to do, and it's

doesn't have any basis in how the
markets actually work once in a while.

They will work.

But you're not, it's not because of that.

It didn't happen because of the
divergent, since the casting, it

didn't happen because your Wolf wave
or your harmonic crab riding on the

back of an Eagle's wings pattern,
it doesn't that that doesn't happen.

Okay.

Price is moving based on where the large
funds orders are, where that open float is

when these hard timeframe charts that's,
what's drawing price, but because the

price is going to allow the bank level
traders to get in and build positions in.

Otherwise, if it was really just,
uh, the central banks repricing, it

would be like all the time, big moves
moving up to an old high bend, down

to an old low, the traders have to
have a opportunity to work inside that

position to capitalize on the move.

The Ellipta is engineering.

How do we know when the banks smart
money are actually going in and buying?

If we know that there's a
likelihood at 71 50 on Aussie

dollar is potentially bullish.

What evidence is there?

That there is in fact smart money
buying it well inside that blue

shaded area in here, I have a great
deal of insight to share with you.

Some of you already know some about
something about this, but I want you

to think about this every three months.

This occurs, write this down your notepad.

If you're busy, changing diapers, okay.

Doing dishes hide from your boss, write
this down every three months, this pattern

occurs where you're at a support level,
a major higher timeframe support level.

If you see an expectation that the
price should be bullish, we have

been trading lower and we hit the
level like we're seeing here at 71

50 as we just let me go back one more
time to show you the weekly chart.

There's that 71 50 level down here.

We've been there before in may.

Okay.

So look at that level here.

You can see that 71 50, that level
has been hit perfectly his nails it.

Okay.

And then it runs away as price.

As price hit this level here,
this purple line in here.

I want you to look at what was
going on as price was dropping down.

Okay.

All through this market
structure shift in November.

Okay.

What's happening here?

Yes.

Price is repricing going lower.

It's allowing bank level traders to
be short and capitalize on that move.

But also open interest is also declining.

Why are, why is that happening?

Why is open interest declining
when this moves dropping down?

What, what significance is that?

Because if you read Larry Williams
book, he says his buddy told him if

the market is in consolidation all
through here, all between 77 and 74

54, August, September, and October
price was in a big trading range.

It's in consolidation.

Then in November, it creates a
false breakout of both 77 big

failure and rejects and trades.

Lower open interest is taught that
as long as the trend is going up

or down and you see open interests
increasing as the trend goes, if that's

a healthy trend that works for bull
markets, doesn't work for down markets.

That's a misnomer that's misinformation.

Larry Wayne says when open interest
drops while you're in consolidation,

we're in consolidation all through
August, September, October.

Price drops down in here.

We have a big drop in open interest.

Open interest is the total
open longs and shorts that are

in the marketplace right now.

If the central bank is the storehouse
for price, it's their currency.

It's their commodity.

If you were trying to buy currency,
it has to be made available to you.

And it's going to come from a
bank if this would have been gold.

Okay.

Uh, the commodity is gold is there's a, a
provider or a liquidity provider, a gold.

Okay.

You have to buy up this position
or assume a position in gold.

Well, for Australian dollar, if you're
buying that currency, it has to come from

somewhere and it comes from the bank.

So if they are the liquidity provider
for the price of Australian dollar,

the central bank of Australia, if that
bank is providing you the basis of the

valuation on Australian dollars, they
are essentially doing what they're the

counterparty to all the large funds.

Not always, not 100%, because he
has all kinds of smaller entities

and institutions that could take
the other side of other positions.

But from, for the most part view,
open interest as every trade that the

central bank is providing counterparty
to basically what a small brokerage

firm would do with their own clients.

They are the liquidity provider.

Well, the central bank is the
liquidity provider for Australia.

So if we see open interest
increasing, what does that mean?

That means the central bank
is it's taking on risk.

It's providing liquidity for
buyers of Australian dollar.

If open interest has a 15% or
more drop or change lower like

it does here, this is extended.

This is a very significant
drop while prices sideways.

This is bullish because what this is
doing is every, every time open interest

increases, it's indicating that they
have now provided liquidity for a buyer.

If they're not trying to provide
liquidity for a buyer and they're trying

to reduce their holding or exposure,
that means that they're done doing

what to offer liquidity to a buyer.

They have to be a seller.

Open interest, reflects the selling
side of a provider of liquidity.

If this open interest declines
aggressively like this, that's

indicating they do not want to
hold a heavy, short position.

They would be having by being
a provider for those that want

to buy, I'll show you a dollar.

Do you see it rally
then, but look carefully.

The extended trading range is months long.

What's going on that whole time.

From this point, here they
start building in positions.

They're selling this thing as it's
creating higher highs, it's coming back.

It's, they're selling more of a heat.

And they're selling more of a here,
every peak in the open interest

from the low it creates here.

Every peak in it is a
high, they sold more here.

They sold more here, right at this
high, they sold the most right there.

They're selling into that rally.

You don't get that from Lee
Williams book, you do get him

saying open inches increases we're
in, we're in bearish markets.

And then for in the consolidation,
it tells you if we see open interest

increasing and a consolidation, that means
that the OpenEdge is reflecting heavy

net selling on the central bank level.

That's how I'm viewing
it for truancy trading.

But what he taught in his book
was the commercial traders.

The large commercial users are
producers of the commodity.

They're actually building
in heavy, short positions.

What I learned was by looking at open
interest and matching up the highs to the

peaks and open interest, you can actually
see where they did their sell programs.

That's a sell they're selling it here.

And at the very highest
peak they sold it there.

Now think about it.

If they sold it there.

And then we do have a
market structure shift here.

Are they going to hold on
to their short positions?

If they're naturally a hedger open
interest is going to by natural

order of things, reduce as it's going
lower, because what are they doing?

They're covering those short
positions they built in here.

That's what's happening all through
this process of going lower.

Open issues is declining.

You don't get to taught in Texas.

It's showing you that they are in fact,
in a cell program and their profit taking,

as it's going lower, lower, lower, lower,
lower openness is going to decline.

Then we hit a level
like this major support.

Are they going to want to hold on
to a heavy net short position by

offering liquidity to the buyers?

No way.

How do they upset that they do rapid
price declines that knocks the desire for

buyers to want to move away and get out of
their way, because they don't want to be a

provider and buy, but for riding the sell
side to buyers, they don't want that risk.

And that's why they do these massive.

So offs in price, you see these
big moves that jumped down to

specific levels and he could keep
going lower and lower and lower.

They do that to take away and control
sentiment on the, on the near term.

You may have been bullish back here.

Well, that goes away real quick.

When they do this and
they keep driving lower.

All of a sudden, there's no support
levels until you get down to 71 50,

they know buyers are going to come in.

So they have to reset and drop down quick.

Boom.

They reset.

They'd take all their interest in
being a sell side liquidity provider

and drop it down to its lowest point.

Why are they doing that?

Because now their exposure is not here.

Their exposure starts down here and
they go back through that same cycle.

Now everybody's dying to buy, buy,
buy, buy, buy, and they will provide

that liquidity because they've already
profited down here from back here.

Back here and back here all in the
last week of September, the mid

point of October and the second
week of November, where they sold

and built in their bears positions.

This telltale sign is inside that support
level at 71 50, dovetailing this with,

if the data ranges and quarterly shifts,
we know that this is most likely going

to occur and move Aussie dollar up and go
back into the charts and go back into what

I was talking about for Australian dollar.

I told you that it was going to go higher.

This is not hindsight cherry picking.

I'm telling you why I said these
things and what was behind the

scenes that I can't go through.

I mean, look how much
we're talking about it.

Now, if I did this kind of talk
on everything in every setup every

single day, I never get none.

I'd never seen my wife and probably
be divorced really quick, but

these are the things that you're
going to do in your own analysis.

They won't take this long.

Obviously you don't you'll know
what you're looking for because of

the teachings, but the mechanics
behind it all is that 71 50 is

support price on the weekly charts
bounced there before we're in the

low end of the range for the weekly.

Um, um, well the lowest point, which
has been in a long period of time,

going back, go back to your weekly
chart that showed here in your notes.

And you'll see that that's the lowest it's
been in recent time and the weekly chart.

So therefore it would be reasonable
to expect to see some bounces

71 50, but I'm drawing your
attention to that little area.

That little massive really it's a
massive decline in open interest

right there.

That purple line, when it tanked went
low, real quick, like that that's

the central bank getting rid of any
of their remaining short position.

So now they're, they're done.

They completed their sell program first
week of November, mid part of December.

So now they're ready.

They're prepared for buyers to come in.

They have reset their self there's
no exposure on the upside, okay.

Against them by holding
heavy, heavy shorts.

So now they can start offering that
liquidity from a low end because

they've made their book from 77 50
all the way down to 71, 5600 pips.

And believe me, they're
moving size on all that.

So from that point on, okay, we had that
delineation on this candle or bar member

earlier and looking back 20 trading
days, we put you right about in here.

That means the highs here.

That's where they're
going to run liquidity.

That's where they're going
to be seeking to take price.

Now, what does this
mean for four X trading?

All right.

So this is what we've seen price do.

Here's that 40 day cast forward.

That's the very day, and this
is that down candle or down

open high, low, close candle.

And that small little one.

And then here's the last one.

Or the 40 day look forward
from the 1st of November.

Price goes higher from there,
creates a down candle price

moves above that candle here.

This becomes a bullish or box.

So if price was to ever come back
down, we could be a buyer there.

I said, we like to see some bullishness
on this candle here because we

were on the left side of the curve.

This is all the sell side.

Now, if they're going to be bullish,
you're going to go look over here.

Every down candle, there should
be some bullishness in here.

We saw some of that, a down candle here.

If we had a retracement, I would like
to see it price, come back down here.

I would be a buyer that was a
potential scenario that could

have unfolded if it didn't.

And we blew out the high of this
candle, this down candle is going to

be the new bullish shoulder block.

So it's high comes in at 73 50 price
comes down, hits it here yesterday,

find some sensitivity there and
expands up and closes in the range.

The context of the move for Australian
dollar was I was not embarrassed.

I'll show you a dollar.

I did not have you set up to expect
lower prices on Australian dollar.

We were looking for this thing
to come up here and close in

this range and potentially up
into this bearish order block.

And it's now confirmed that it wants
to go higher relative to the things

that we just said based on that.

And described on the futures
contract on its own daily chart.

We had a mean threshold of the range from
this candle open to this candle is close.

That's what this range is here.

We've moved through that.

So now what is it indicating
it wants to go higher.

What's it going to reach for, it's
going to look for a clear run above

this high here, because that's
where the buyer stops arresting.

They're not going to take it just
to this level here and be satisfied.

If they're going to allow this
move to take place, they're going

to punch it through equal highs.

Now I know you're saying if you're
new and you haven't really paid too

much attention to equalize and egos,
and you're only looking for like a

perfect equal candle, and this is
in my opinion, this is equal level.

It's so close to one another, in
terms of proximity, if you look at the

buyers of the can, are almost the same.

I mean, look at that.

I mean, we have the openness
candle and the clothes on this

candle and sense of the same thing.

We only have this one little wick.

So the liquidity really is above here.

And in my opinion, it's going
to go above this level here.

So that puts us around that
75, 70 to 75 80 level level.

Like we talked about relative
to that weekly chart.

So taking this information and
applying it to your charts, it

helps you map out while you have
areas where yes, this could happen.

We could trade down here,
but if we, if it did.

We would be expecting
to be a buyer down here.

It may not happen.

They may allow price to keep ongoing
and give you no real retracement, but

you still had reference points to be
watching and monitoring going forward.

This was the new down candle.

Okay.

It's going to be a little shorter box.

So therefore we should not
see this candle giveaway.

If it trades through it, it
did it traded above its high.

So now this has become the support level.

This level is where the banks are
going to look to defend it on the

downside to any movement into it.

Like we see here, this candle trades into
the body and quickly rejects the next day.

It opens trades down, hits the bodies.

I'm sorry, the candle it's high
at 73 55 goes a little bit below.

Look at the low 73 52 and
only one, three pips below the

level we would be watching for.

And then look at the
address of move through it.

Trading in delivering price with a
bullish side of price buy-side delivery.

We had all down movement here
between 74 34 and 73 80 crisis mood

from 73, 80 to 74 34 yesterday.

So having that,

having that move from 73 80 to 74 34.

It closed in that fair value gap that
we've, we've been monitoring that

occurred in December, 2016 and then
prices moved through the means threshold.

It's obvious that we'll see a move above
that 75, 25 level, how much further,

like I said, 75 80 looks likely.

And if we do that, we can really
make a run all the way up into, uh,

76, I'd say 76, 50.

So 76 fifties and likely upside objective
if we get really rolling higher.

But apart from that, uh, that that was
the, uh, the DNA or anatomy, if you will,

why they all show you in dollar mood
up, why we were expecting bullishness on

it, uh, behind the scenes, these higher
timeframe ideas that you're learning, you

have to learn to trust them on a monthly,
weekly, and daily and applying open

interest to levels that you would expect
to see bullishness and every three months.

Okay.

And this is the last point,
and then we're going to close.

Today's teaching the point at
which these three month, four month

moves to take place every quarter.

There's a major shift in market structure.

And while that may not undo the
long-term bullish or bearish.

They are executable in a way where
you can make great deal of money.

You can take a lot of money out of
positions if you're properly aligned.

If you are not aware of these
days, we'll take you by surprise.

And you're like, where did this come from?

You know, there's, you know, there's
no worse feeling than expecting a

move to go hard one direction and
it see it, do something like this.

Like for instance, or you're looking
at, uh, this move here and say you

were, uh, a Fibonacci trader, not
necessarily optimal trade entry, but

say you were a Fibonacci trader and
you saw the 50 level here and there's a

guy on baby pips that makes a name for
himself on trading at 50 level fibs.

And I use that as equilibrium,
but you could be looking at that.

Okay.

Yeah.

And this day you would have probably
felt good about the whole idea of

being embarrassed on Australian dollar,
not by what we've been talking about.

And we mapped out very specific.

We even talked about that very day being
bullish, but in the retail mind this

whole day right here, that would look
like, okay, well we have a double top.

Now it's at a 50 level on the fib.

It's going to go down and
trade down below here or I'll

do, I'll do an ABCD type move.

And I'll be looking for seventies on
Australian dollar that's retail thinking.

We were not thinking that at
all, we're mapping that Campbell

out as a reason to be about.

So the things you're learning is
completely diametrically opposed to those

things that you learned in retail world.

And it's like that because we have to
capitalize on those ideas because those

things permeate, large fund trading,
whereas buy stops where the cell stops.

It's the same way human nature
is going to repeat itself.

Every large fund trader starts as a low
end trader, just like you are right now.

Just like I started grassroots.

We all start from the same place.

The beginning, no one becomes a large
fund trader managing billions and

millions of dollars because you just
felt like you want to do it today.

Try it, try it today.

If you're successful today, try and
get a large fund traders position.

By the end of the month, you can do that.

I'll send you $1 million through bay bell.

You have to do some things.

You got to prove, you
know, you can trade, okay.

And you have to go through
a lot of, uh, Rick tomorrow.

If you will.

If my, if I can put my grandmother to get
to that position and you have to prove

yourself, it doesn't happen by accident.

So if they are doing the very things
they did as a regular trader, but they

still have to do things with guidelines.

Okay.

Then it's common sense that their, their
stops are going to be right where everyone

else is going to be placing their stops,
but they have a lot more money at risk.

They have exposure that you don't have.

You're trading micro lots and many
lots, and all these other things.

And I'm not trying to disparage
you or, or you talk down to you

because I started in the same way.

I started with small.

But they don't see you.

You're not even a blip on the radar
screen, but they do see these large

pending orders above old highs and
below lows in the last 68 in the

last 40 days in the last 20 days.

And then once you find a time marker
where you can delineate when there's

a shift that has taken place, or
when you cast forward 60 days at that

moment, you know, in the future 60
days from that last market structure

shift quarterly, you know that that's
a delineation in the, in the future.

So you can already anticipate a
significant move 20 days from that one

back from it, which would be not 40 days.

It would be 20 days back from
that new market, uh, delineation.

So for one saying is, is by having these
things on your chart, you'll be able to

look back and forwards and looking for
the range is just like the APTA algorithm

will look for where the most recent
20 day, 40 day and 60 day stops are.

If they have been cleared out on both
sides of the marketplace, once they have

been wiped out and were in equilibrium,
you have to look at where the next range

high and low is outside of the last 20.

I'm sorry, last 60 days that
will tell you where the next big

significant move is going to be.

And if you combine that with
weekly and monthly chart,

It's almost like a no brainer.

You just have to wait for it to happen.

It takes time for that to unfold.

And most of us by human nature
are not patient we're inpatient.

Some of the folks that have left this
mentorship are classic scenarios of that.

They just impatient.

They want to know it right away.

They wanted to learn it all in one month.

You know, they'd stuck it
out for the second month.

Third month, the fourth
month, it was too much.

I can't wait for it.

I gotta go, okay.

I gotta just gotta toss it
in and there'll be no regret.

The rest of their life.

Trust me.

They're going to regret it.

When they look back, they're
going to feel like they've missed

an opportunity of a lifetime and
they have what you're learning.

You're not going to get that from
anywhere else, but it's going

to require you to work for it.

I'm going to put your nose right
where you need to be focusing,

but I cannot take away the lessons
that by studying, it will give you

that has to happen by you doing it.

And if you can't be here in
the live sessions, they're

recorded, it's the same thing.

There's nothing different
by watching the recording.

When we leave January's content, we're
going to be applying all these things.

So that way, when you start looking
at me doing short-term trading and

weekly one shot, one kill setups, and
then we go deeper into the mentorship.

When we start going back into intraday
trading, you'll see all these things

are the reasons why I'm being a
buyer or seller in London open or a

buyer and seller in New York session.

And why these levels on keying off of
and telling you everything that you

saw us doing in the September month,
where we were nailing it, highs and lows

with the market was doing almost daily.

All that was, was me applying what
I just showed you in this teaching.

I think go through all the
mechanics behind it all.

I just knew it and applied
it and just talked about it.

Just, you know, whatever
this is, what's going on.

And it gives you a great
deal of confidence.

And for somebody, it will create
a, uh, an air of arrogance.

Don't let that become.

Don't let it define you,
but you definitely will

have a level of confidence.

It goes through the roof because
you're gonna know was a great deal

of trust that the market is trying
to get to a level for a real reason.

And it's being manipulated.

It's being controlled.

It's being driven there.

It has no other way of
operating, except for over time.

Price will agree on a level.

That's arrived at what APTA
is seeking last 60 days.

Where's the high and
the low, last 40 days.

Where's the high and
the low, last 20 days.

Where's the high and the low that's
where your liquidity pools are.

Okay.

Last 20 days, where is the gaps?

Where are the gaps in the last 40 days?

Whereas the gaps in the last
60 days, that's where all

your fair value levels are.

Think about it.

What's, where's the consolidations in
the last 20 days, the last 40 days.

And last 60 days, that's where your
equilibrium price points are going to be.

When the market isn't going to move,
it's going to gravitate and hang it.

Those.

When you see me say, I'm not doing it
today, the market's going to be sideways

and you're all like, well, how'd, you know
that this, but I just talked to you today.

How to use the data ranges.

Hells tells you what you should be doing.

Should you be expecting range
expansion on the upside?

What should you be expecting
range expansion on the downside

that is directional bias.

That's are you bullish today
or are you bears today?

If you are not in a range where it's
going to expand and you're hanging

around equilibrium in the last 20 days,
the last 40 days in the last 60 days.

In other words, what's that look
like if you go back 60 days and you

see where the price has made a small
little trading range, divide that

range in half that's equilibrium.

If your price right now, today,
if this hanging around in dollar

index is not trying to move, it's
probably going to be a V-Day.

That means it's going to go up a little
bit down a little bit and hanging around

in the middle of the range until it gets
some kind of manipulation what's going to

cause that high-impact news, which is the
reason why I started you in September,

looking at the high impact, the medium
impact news events for the week, draw

all those things together, everything
that you've been exposed to so far for

the mentorship, draw all those things
together and apply the, if the data.

All of you are trying
to overcomplicate it.

And it's probably my fault
because of the way I taught it.

And believe me, it's a
lot of things to digest.

It's not simply 60, 40, and 20,
and therefore everything unlocks.

You have to use those ranges, looking
back and see where the highs and lows

are, where the gaps are, where the fair
value gaps are, where equilibrium is.

And it'll tell you where the
institutional reference points are.

It's up to you to execute on them when
they get to those levels based on what

a weekly chart and daily chart is in
a cane bullishness rebelliousness,

just because it goes above an old
high doesn't mean it's a sell.

It could be a confirmation.

It's going to go to the next
by stock level above it.

That's the next stage of January's
content, where we start building the ideas

of okay, using a monthly and the weekly
and a daily chart, nothing less than that.

What do we do?

What do we look for?

What's the process?

What sets up the trades
on these timeframes?

Because if we can identify improve,
this is what goes on in price.

If the, does these types of things
that are repeating when I'm on

going back to our algorithm idea
and computer program analogy.

If, if the nose simply by going
back what's today's date, everybody

knows what today's date is.

It's January 12th, 2017,
the computer program.

It can, gab can gather that information.

Okay.

So what's 60 days.

From that backwards in time.

Okay.

Then the out the algorithm was simply
say, okay, what's the highest value

of that asset that it traded to.

Okay.

Right there.

So now I need to go back up to that level.

That's what it's gonna do.

It's gonna go up there to allow the
bank traders, to position themselves.

Once it gets close to that level, then the
bank level and broker level interventions

and manipulations can come in, but
that the broker is not going to jump.

You're spread 50 to a hundred pips.

The central bank has to get it in
close proximity to these levels.

Then the lower level manipulation
that takes place in broker level.

That's when that happens, but your
is not killing you and wiping you out

with 50 PIP swings that doesn't happen.

It has to allow price to be driven there.

And that's all central bank level.

So I threw a lot at you today, children.

Uh, hopefully I haven't confused any of
you, hopefully, uh, given more clarity,

um, you're going to see examples of
me actually using this information.

Um, but I have to give it
to you conceptually first.

So that way I won't be inundated
with a million questions about

why did you put a line here?

Watch it.

You'll know why I'm doing it.

Cause I, when I explain it based
on what we've talked about here and

what I've shown in lesson one at 1.1.

For January, it'll, it'll start making
sense because we're not just going to do

this one time and never come back to it.

We're going to be doing this
throughout the mentorship.

And if you, I'm not saying you should,
but when I start to signal service in

the winter of 2017, um, you'll know
why I'm doing the certain signals.

Then if you, if you're able to watch it,
some of you will probably want just to see

what, you know, what I'm doing, just to
see how it lines up with what you learned.

But the, uh, the signals are all gonna
be based on what you're seeing here.

And it's why they're going to be so good.

That's why September was so powerful.

I had to show you that,
yes, we can read price.

It's very predictable.

And if it's that predictable on a
short term, then it has to be that

predictable in the higher timeframe.

And you see now that it can be it's
all time and price, time and price.

Time is date on the higher timeframe.

It's not time of day it's date,
calendar days in their calendar

days that the markets trade.

So if we know that the range of 20,
40, and 60 days that the algorithm

will look back, then, you know what
high end loading you'd be focusing on.

If market structure is bearish, was I
tell you where's the low in the last 20

days, whereas the low, last 40 days where
it's a well-known last 60 days, that's

where it's going to be reaching for.

It's looking for that sell side
liquidity below those lows.

What happens if it has.

To lower lows to haven't been
traded to, and it trades down below

the one in the last 20 days, it
takes that low out and there's a

lower, low 60 days in that range.

60 days back, there's a low.

And you know that it's probably going
to go down there, but say it doesn't

go down there and it rejects and it
breaks market structure, bullets.

What does that tell you?

You have a quarterly shift now it's
bullish star finding the highs in the last

20 days, last 40 days and last 60 days.

And you'll know if this doing, it's
going to draw price up to them.

Everyone else is going to be
looking at retail thinking, okay,

this is a trend that's downtrend.

And they're gonna look for that
old whoa, 60 days out, not because

they're doing what we're doing, but
they're going to see classic support,

resistance ideas, and they hold onto it.

They married the idea it's given,
going to get that spin going down.

So therefore it must continuously
keep going down and either watch

the market grind against them.

And all of a sudden, we see what
we're seeing in the chart right now.

I'll show you in dollar.

What happened?

What happened?

Look, look at the pharmacist refund today.

What happened in Australian dollar?

I haven't been there yet,
but I'm just prophesied.

They're probably saying,
well, what happened?

Australian dollar?

Well, you all know what's
happened in Australian dollar.

We talked about this before.

The fact why it's trading here, why
it went there and now, you know,

the mechanics behind the scene.

What, what led me to believe that this
74 34 was likely the mean threshold

was, uh, um, uh, upside objective.

Why this currency is
a leadership currency.

Why would I focus on this one?

Why, why was I talking about this
one and not the New Zealand dollar?

That's a study for you this week as well.

Share that with me on the forum.

Show me what you discovered by
contrasting the price action.

This like, we just did it
here for all the dollar.

Do the same thing with New
Zealand, do the same thing with

Euro, do it with the cable.

You have to practice folks.

If you only do the things I'm only
showing you, you're cheating yourself

of all kinds of learning opportunity.

The time that you have
together, believe me.

You want to maximize it.

And there's some of you have businesses.

Some of you have family obligations, and
this is a long-winded session, but you

know, we only have two of them a week.

So suck it up.

The, uh, there's so much information.

I, I literally have 20
years of information.

I'm trying to share with you.

And it's a lot of information, but this
information still has to be practiced.

You have to implement it in your truck.

You have to look for it.

You have to see it in your charts.

If you're not going to do that, this
is going to be, uh, it's not going to

be, uh, chanting for you to be here.

You're you're.

If you're wanting me to tell you, this
is how it is, and it's always going

to be this way and it doesn't require
you to look for it and study it.

It's not gonna work, but you do have
to do a little bit of rolling up your

sleeves, get your nose in the charts.

But I promise you, this is a guarantee.

If you do the things I'm telling you
to do in this teaching and everything

in this month of January, it will
give you every possible scenario for

any type of trader you want to be.

And it will put you in the high
odds category, you'll be in the

upper 5% you'll you will most likely
be on the right side in far less

time, be offside on your trade.

And that's what the higher timeframe,
whole, whole ideas about, because you're

trying to align yourself with smart money.

Everyone that's on YouTube
teaching smart money.

This is the market maker.

I'm on a one minute chart teaching this
by the way that they're not on the one

minute chart, they're not even down there.

They didn't want, they only, when
they're not looking at that, they're

looking at the orders on a daily chart.

That's what they're looking at.

That's what's driving price.

And outside of that, it's
a 15 minute timeframe.

They're looking for liquidity
pools and, and ideas around a 15

minute timeframe, five minutes.

Again, they're not looking at that, but
you can use a five minute chart to find

where there's a most likely, a small
little gap that would not appear readily.

I want to have 15 or an hourly chart.

So all these things dovetail nicely,
but you won't appreciate that

dovetailing until you start getting in
there and spending some time looking

at price that's already happened.

Some of you, a large group of you
are so worried about that, right?

Edge.

Tell me what that right edge is telling
you, Michael, when that won't make sense

to you and you'll leave the mentorship.

If I just gave you trades over every day.

Yeah.

You'd make money.

But when I'm done teaching and
that's happening, I'm done.

When I walk away, you've made money,
but you didn't learn how to trade.

And that's a waste of time and money
you want to be focusing on what's

happened on that left side of that chart.

Because once you understand all
that, it's going to repeat itself.

Because if in fact there's a smart
money entity and they are manipulating

and they are controlling things because
they're motivated by money and greed.

They're not going to change their emo.

Their motive is going to be
the same thing going forward.

It's the same business model.

Every single day.

It doesn't change.

It's not going to stop working.

The only thing is is if you share
it with people, number one, you just

making it common knowledge and it
just, you just don't want to do it.

You don't want to do it.

Not because it's going to stop working,
but because you just want to be a

part of that small group that is
profitable, that is in elite, that you

know what you're doing with your money.

You're not gambling.

This is not gambling.

You're not rolling the dice.

You're waiting for a scenario where
those individuals that control.

Are in play, they're moving price
and you're on the same side as them

by default, you have no other way
except for seeing positive results.

Does that mean profitability?

Maybe if you're in a demo can't you
can't make money on that, but you

learn a positive response and in
therefore it teaches you, this worked.

Let me try it again.

Wow.

This worked.

Let me try it again.

Why do you think, I tell you guys
that it takes a minimum of six months,

because if you look at the things I
teach, you will see at least one market

structure shift in that time period.

You need to see one because once you
understand when it happens and you see

it unfolding, oh man, the confidence
level sends you through the roof.

You're like, oh man, I am
never doing this again.

I'm never working for somebody else.

Again.

I'm going to learn this
business and I'm outta here.

I'm done.

I need to do this the rest of my
life and your passion level go crazy.

And you'll know what you're doing.

You won't be just excited,
like a football game fan.

You'll know what you're excited about and
why it's exciting because it's consistent.

It's over and over reoccurring.

It's never deviating.

It's there all the time.

Very rarely do you hear these terms
taught and spoke about in textbooks?

You know, uh, there's always a risk.

There's always this and it's always
that the risk is you reading it wrong,

but this is always there and price.

The problem is, is that you're
going to let you as the trader

steer you wrong because you don't
look at something you're going to

get so opinionated about something.

Higher timeframe.

It's hard to change directions a
lot on that daily and weekly chart.

It's, it's usually one
direction for a while.

That's why you have to start there
because if you start in lower

timeframe, you're changing your
mind 20 times inside of the day.

I mean, I talked to some
people outside of our group.

They're still in a free membership
area that this go on my tutorials

and follow my YouTube channel.

They send me charts all day long.

I can't get to them.

I can't get, I can't keep up
with emails coming in, but they

send me their changed mind.

You know, here's the, here's
what I'm doing today in cable.

I'm buying this and then, okay.

Here's 20 minutes later.

Okay.

I I've changed how I'm selling it.

They changed their mind.

Again, this is all happening in two hours.

That's somebody that has
no idea what's going on.

No idea what's going on by having
the higher timeframe premise by

looking at monthly, weekly, and daily
charts, focusing on the daily chart,

this is what we're dealing with.

A daily chart.

We're framing it like a bank
does no one's teaching you this.

They don't give you the perspective.

Okay.

From an institutional vantage point
where how and why they're going

to go to a specific higher, low.

Yes.

You can go back in time and look at a
chart and say, okay, here's an old boat.

They're going to be self side
liquidity here or sell stocks here.

All kinds of people on YouTube.

They're doing that now.

And yeah, it's great.

But I'm telling you which
low and which high to go to.

There's a specific phenomenon that
repeats itself over and over and over.

And by having that as your routine,
every day, you sit down at your

daily chart and say, okay, where
are we at in the current range?

Where are we at with respect
to the lowest, low and highest

high in the last 20 days?

The last 60 days in the last I'm
sorry, last 20, 40, and 60 days.

Have we cleared both sides of the board?

Have we taken all the buy stops in
the last 60 days and the most highest

high have we rejected all that and
cleared out and back in the middle of

the range, because what does that mean?

You have to study?

Are we at a large, larger longer-term
equilibrium where we could stay sideways

for a while, or now, are we going to
the sell side, looking for the lows

outside of the last 60 days range by
having that and in start implementing

inter market analysis, that means
you're gonna start having ideas from

the commodity market, the equities
market bonds, all those things will

start giving you more information.

And it'll tell you where the opportunities
really are that way, even though we can be

specific and specialist about I'm a Euro
trader, I'm a, I'm a crude oil trader.

I'm a gold trader.

You do want to have some diversity
by having some exposure in other

asset classes, because it gives you
a great deal of context about why

you think your market's going to
go up or down, or it doesn't mean.

Uh, Canadian dollar is a good example.

If it's a crude or markets, um, you
know, acting and behaving a certain

way, the Canadian dollar is going
to have a direct response to that.

And when crude oil is not an a, of any
effect, you know, Canadian dollar, you

know, will move just like the other
currencies will, but oil has a great

deal of influence over that particular,
uh, currency, Canadian dollar having

intermarket analysis and relative strength
analysis together, and applying less

than T studies like the dollar index
and the interest rate stuff that I'm

teaching you this month, you'll have
very, very little opinions about what

the higher timeframes are telling you.

And when you do that, you are in line with
what the institutions are doing, because

you're not changing your mind every day.

This is what's going to do.

I don't care if I see two down days on
the, on a daily chart, nothing's changed.

It just means it's three tracing.

They're coming back for some
more orders to buy more.

And that's when we go into
discussions about building in

larger positions with an underlying
bullish move, that's already there.

We've already put in a position
that's bullish, we're retracing.

How do you add more to that?

Where do you add more to it?

And how do you protect
that position as well?

And, and w what do you do to scale out?

Do we ever hold for whole full positions?

Yeah, but you need to
know all these things.

Yeah, by the end of this month to fully
appreciate what we start teaching in

February, March and April, because
they're going to repeat themselves.

And as long as you have a general idea of
what is being taught in January, I mean,

if you're completely lost and obviously
you're gonna need to reach out to me after

the last lesson of January, but for the
most part, if you have a general idea,

what I'm talking about, when we start
applying it every single day, we sit down,

you'll see the data points I'm looking at.

You'll know exactly why I'm calling
this high being significant or this

low being significant or this gap.

You know, that that will
make perfect sense to you.

Then what order block am I looking at?

Why, why this or blocking that?

Not that one.

Michael why'd you pick this swing
high Michael on not that swing high,

Michael, you just learned it today.

There's a range I'm looking for.

It's 20 days back, 40 days back, 60
days back then I'm casting forward.

And I know from that point on, I know
I can have a new look back point where

I can go 20 days, four days, six days
back and wait for those new highs and

lows to form that have not made its way
into price yet when they form liquidity

will build above it or below it, based
on what I see on the hard timeframe.

I know what side the market's going
to reach for when you do that.

Same thing, you're not going
to send me emails and text

messages and direct messages.

Um, do you think that, um, Australian
dollar is going to go down.

I think that the Canadian
dollar can go down today.

What are you saying?

Don't ask me what I think.

If you're watching my videos and you're in
here, don't ask me what I think the whole

point is, is learn from what I'm teaching
you and you arrive at your own opinion.

And then when you're wrong, what
did you, what did you do wrong?

Don't avoid that.

That's a learning opportunity.

Take that as a big
opportunity center stage.

Make me a better trader.

What can I do?

What did I, what did I do wrong?

And what did I see wrong there?

So I don't re repeat that same thing.

That's the benefit of being in here.

You need to go through the lab
experience, go through the exercise, okay.

And make the mistakes.

Now you want to do those things right now.

When it won't hurt you, they
won't hurt your development.

It won't hurt your money.

They won't take anything from you.

It will build you up.

The folks that have left us, they
have, they have no concept of that.

They don't want, they
don't want to wait around.

They don't want to learn anything.

They want to be spoonfed.

You are here to learn how to do what I do.

Analyze the markets, call the markets from
where they are right now and where they're

going to be at next in between those
two price points, there's opportunities.

And I'm going to teach you how to take
those opportunities and manifest that

in the form of trades, keeping risk, low
equity curves, going higher and managing

risks all throughout the whole process.

But you cannot get to that level
without some interaction on your part.

And it may require you to do things.

My watching videos like
this is a live session.

You may be forced to do these
things by studying the recordings.

Do not think that this is not any value
because it's a recording has no, it has no

basis on there that has no effect on it.

Staying committed to the
development process is hard.

It's very, very hard, but I'm trusting
that what I'm showing you here proves

number one, there is a real routine on
how Y price goes to a specific level.

Why it repeats?

Why I tell you that it's
not going to stop working?

Why I tell you there's absolutely
an algorithm that controls price,

because it does things that a computer
program would naturally do because I

learned to be a computer programmer.

I went to school.

I have a degree in computer science,
specializing in information systems.

I know computer programming.

I know it.

So if I look at this stuff and I wanted
to become a systems analyst, when I

was going to school, that was my job.

I wanted to build the documentation
stage so I can sit down with the

programmers and go through them.

And if they had issues with the
coding, I would help them make

this, uh, this process work.

But I wasn't going to be the coder.

I don't have the patience to do the
coding, but when I started learning the

mechanics of what they're, what the price
delivery does, I didn't think about it.

It just dumped on my head.

This is the computer.

This could be automated.

And by curiosity, I went home and looked
in the charts and said, okay, if this

is possible, I should see it in price.

And here you go.

It was right there.

And I got nervous and excited at
the same time, I was laughing and

crying at the same time because I
thought I literally hit the lottery.

Like I had the winning lottery numbers
for the lotto every week, going forward.

I had it.

Every tumbler clicked.

It made perfect sense.

I knew right away why I
was wrong on everything.

I lost money on.

And I knew now going forward,
where's the next setup going to be?

Why do I have to wait for it?

And when w what, how much time
will it take for it to happen?

When is it most likely to occur?

Where is that signal gonna format
before it even gets to that price level?

That's what this gives you.

It gives you every bit of clarity that you
don't have right now, once you understand

what you're doing with it, you'll have
every bit of understanding about why

you're waiting and sitting on your hands.

See somebody you say, oh,
I just to set up right now.

Uh, Michael, I want hear that because
I want you to focus on what's going on.

The price has to be driven
to a specific level.

Then I can tell you why
this is what happened.

We said it was going up.

We told you the levels is going
to go up, but why did it go there?

You learn that today going forward,
you want to be using these tools.

To beaver frame, the ideas that lead
to a trade setup as you go through

more of the material, small little
pieces will start coming, clear things

that you have questions right now.

You need to not send them to
me in an email, be surprised by

finding the answers in the future
lessons and in your own study.

That's how you practice.

That's how you develop as a
trader me, giving you an answer.

Isn't going to always satisfy
because you're going to still

come with 50 more questions.

I know that because it's the same
thing I encountered when I think

they know something about something
and I scoured the internet for it.

It created 50 more questions.

Well, wait a minute.

Now, if I came in with one, one little
thing that I was unsure about, I go in

and I start looking for it and I get
the response and the answer to that.

But then it created 20,000
different scenarios that

would create what if scenario?

What if this?

And what if that, and that's the problem.

Every one of you are in that stage
and it's because you're overzealous.

And I, I appreciate that.

Believe me, I've been there, but you also
have to just take a little bit of faith

and trust the fact that I've taught this
before you are not a Guinea pig scenario.

I've done this with groups of
people and individual basis as well.

Trust me, I will get you where you want
to be at, but you have to allow it to

happen, but you also have to be a part
of it by practicing and looking for it.

Not looking for trades, looking for the
things that I'm telling you to evidence.

But there is control if they evidence
control and price, that means that

there's no reason for you not to trust
the things I'm telling you in the future.

If there's something I'm going
to teach you in the future.

And I say, okay, refer to
the up-to-date arranges.

This is why the turtle soup false
break below low is going to happen.

And we can be a buyer down here because
if I start saying, okay, look, we're

going to buy tomorrow's tomorrow.

We're going to buy today's low.

Oh, I don't know about that because if
we sit in London and it starts diving

50 tips, all in one candle, I guarantee
you 85% or more not buying that day.

You're not buying that low.

You're going to wait for a bullish,
shorter block or an optimal trade

entry, or you're going to wait
for it to move up to 60, 54.

You think it's going to go up?

You won't trust it.

And you've missed the
whole learning experience.

You got to go through the things
I'm putting you in front of to do

those very things, pay attention
what's being done right now.

I'm getting a thousand questions
about why they can't get to

October content right now.

I can't watch the things, things October.

I can't, I can't look at
what's going on in November.

Why are you there that
stuff's there forever.

You have access to that focus right
now on what's being taught in jail.

I'm telling you, it's a lot of stuff.

And if you are wasting your time on
things, that's already been taught to

you and it's already in recording, you
can go watch it any other time, pay

attention more than any other month
closely to this one, because I guarantee

you, if there's any month you're going
to have to come back to and study.

It's this one, there's
so much stuff in it.

It's dense.

It's very, very vast.

You have no easy way through this.

You got to grind through a lot of this
material and you're going to have to

refer back to it many times and believe
me, you'll be back to this whole month

content multiple times, even when you
complete the mentorship and you're

going to find stuff that you didn't
get the first time, the 20th time, the

30th time, it's a lot of information.

It's two decades worth of stuff.

You want to be a big, big time trader.

You want to be consistently profitable.

It's in this month, you want to know
when not to trade and lose money.

It's in this month, you want
to know how to frame a trade

before price ever gets there.

It's in this month, you want to
be a day trader it's in this long.

Short-term trader this one too.

You want to swing trader here.

You, your options trader it's here.

You want me?

You want me to trend trader.

You want to be a breakout artist.

You want to be a trader that
sells options, rights options.

It's in here.

You won't appreciate it until we get
to the supplementary teachings, but

everything that leads to you being
effective, doing those other things

stems from what you understand and being
taught in January here, all the contents.

It's going to be a lot more
than eight lessons folks.

It's more, it's sub teachings
inside of these major eight topics.

Lots of it.

And that's the reason why we're not
doing these live sessions and I'm

throwing an extra one in here today
by time, because I want to encourage

you that what you're waiting for
is exactly what you're looking for.

And believe me, it's a lot of
stuff and you're probably going

to your head's going to hurt.

You're going to have, you're
going to feel like, man, this

is information overload, and I'm
already pre-warning you this month.

And I told you this of all the
other monster in this mentorship,

this is the one, it's a monster.

It's tons of stuff.

And you're going to have to study.

You're going to have to study in February.

We'll resume back to a very standardized
teaching model, eight lessons

supportive in nature, and we'll be
back to doing more live sessions,

you know, throughout the week.

And then in March, we'll be obviously
in live session on a daily basis.

Every Monday through Friday, we'll
be back in ly session, but you got

to give me the time to give you this
information and still operate as the

mentor and answering emails and also
running it to, I mean, I, there's a lot

of stuff I have and I have a family.

So permitting me the time to build
the lessons for you and change some of

the things that all my notes are all
based on like commodities and indices.

So I have to change some things and
create some slides that relate to.

Foreign exchange because I'm
predominantly teaching to a crowd

that come to me by way of FX.

But when it's, um, when it's necessary,
you'll hear me talk about it where, um,

this is unique to a specific asset class.

You know, like we talked about today
with commodities, the idea of having

the open interest in, in, in your
study that is only going to come by

way of looking at the futures market.

So since we're four X traders, it is
important that you avail yourself, that

information that's available to everyone.

It's common knowledge, it's free.

You can go in and out and get it.

Okay.

And it's valuable.

It's a gold mine and people that think
they understand it while they may

have a little bit, their myopic view
of, of one facet of it does for you.

What you learned today was the real
mechanics of what open interest does

it gives you the x-ray view of what
the real smart money activity is.

Are they really buying cars?

If they're really buying, they're
going to dump open interest and it's

going to drop 15% or more, and it's
going to happen at a key support level.

If it's going to sell off
and start going lower.

And if that was a real turtle soup
sell, then that means prior to that

turtle soup cell, they should have
been a massive increase over time

with that open interest going up.

And you saw that in Australian dollar
because open interest, high open interest

indicates them offering the cell phone.

They're only going to take part of that.

If they know eventually they're going
to be able to sell that position

off with price being going lower.

That's the only time open inches is going
to go up and they can do this on longterm

trends, but it will shift every quarter.

They have to fund themselves for
allowing the holding of that risk.

Now you're probably thinking,
okay, well, Michael, if they're

in control price, what really?

What real risk is there?

Well, what happens when a rogue
nation nukes another nation?

You're not thinking that are
you, but that can happen.

What would that do?

What would that do?

If a nuclear bomb gets dropped in any
nation, it's going to freak everybody out.

We're in world war three bombs are
dropping when September 11th happened,

boom markets are all over the place.

Anything can happen.

Look at the Brexit.

Look at Donald Trump, look at that.

Did there's risk, okay?

But they take these risky and, uh,
opportunities and they manipulate,

but they don't want to hold on
to something and not make money.

So, yeah, while they will provide
liquidity and sell to the buyers,

see price, trade higher for a period
of time, every three months, look

at your charts and see if they don't
reset themselves every three months.

It's there.

It happens in S and P.

It happens in stocks.

It happens in commodities.

It happens in bonds.

It happens in Forex.

It's there every three to
four months, you'll see it.

It's there.

And that's how they pay themselves
for holding on that risk.

Offering liquidity for the sell
side of it, providing the means

for buyers to buy currency.

They will do what we're
discussing here, quarterly shifts.

And you'll see evidences that in open
interest, it will happen at points at

which by looking back 20, 40, and 60 days
where there's highs and lows are where

those gaps are, where equilibrium is.

Those reference points in that time field.

Okay.

Of 60 days as a maximum
look-back, it's simple.

And here's another study
to make it easy for you.

Just go back 60 days from every month,
beginning start every month, there

was an exercise every single month, a
counter month put, put a vertical line

on every new month, go back 60 days,
find the highest high and lowest low.

And you see if they don't wipe
that out, you can take any pair.

You could be the dollar index.

It could be the well look at
the Australian dollar, put a

vertical line on every single
first trading day of every month.

Okay.

Don't do them all at one time set
where you're charging nice and crisp

and clean, but put a vertical line
at the beginning of every month, the

first trading day of every month.

Okay.

And draw out a line.

Okay.

60 days, 60 trading days.

Okay.

And delineate that and then find
the highest high and the lowest

low, and then go forward from
the firm to the right of that.

And you see if they don't run
those, uh, buy stocks and sell

stocks above of that and do the same
thing for 40 days and do the same

thing for 20 days doing that study.

That's exactly what I did the
night that I seen how this works.

That's all I did.

I said, okay, if I'm a data, if I'm
a computer programmer, I need that.

Being able to reference something, how
can they know what the orders are like?

How does in my mind, how could
they see Lindwall docs orders?

Because that's how I looked at it.

My, my perspective was if, what I'm
learning to do in the marketplace

to be a market maker, I have to know
certain things and what I was learning.

If this is true, then I should
see evidences of it in price.

And I couldn't wait to get home.

I went home, pulled out my charts
and it was a Swiss Frank chart.

That was the, that was the actual chart.

I opened up my commodity price charts
from a commodity trend service.

And I literally turned the page
and I literally in seconds.

That's okay.

If I'm a, if I'm a computer program and
I'm going to be able to reach up into

an area orders at camp, I can't know
what every brokerage firms orders are.

There's no way it's dynamic.

Think about it.

You may have a trade on right now
and you might have a stop on it.

May be there, but something might
change and you collapse that trade.

Your order is not there anymore.

Every one of us are dynamic thinking.

We may have an order there.

Think about what you did
with your last trade.

How many times did you
move your stop loss?

Think about it.

You were long, you moved your
chair, you shared your stop-loss up.

Okay.

And then you start seeing
the little retracement.

You're like, oh, let me move.

Let me move that back.

And some of you probably
moved back further than it.

First originated that you're dynamic.

So your orders are always moving around.

And that's why I say, Hey,
this is too much of a variable.

There's no way for them to know
every single book that's out there.

So how can you standardize it?

The epiphany I had was go back and
go back the same number of days

that I'm being taught to look for
and just look for the high and the

low that's where the buy stops are.

And that's where the sound stops are.

And there it was, it
was like Solomon's mind.

There's opened up all
the Fort Knox opened up.

Everything happened that moment,
the flood of emotions, flood of.

And fear like, oh no.

Did I just do something I
wasn't supposed to do that?

I just learned something and see
something I wasn't supposed to.

That's how I felt.

I had this big old textbook okay.

Of information I had to digest.

And I literally didn't want to
touch it anymore because in my

mind I had already cracked it.

I didn't want to go back.

I did not want to sit with these
people and learn anything more

than I had already learned there.

I went from that to the
corn market and commodities.

It was there.

Soybeans live cattle, pork belly.

They don't trade anymore.

Silver, all the metals, palladium,
platinum, hydrate, copper,

cotton lumber, orange juice.

It's all there.

It's all there.

Once you see it, you're
never going to forget it.

And you can't unsee it.

And when you see these things that
repeat over and over again, and they

are they're finite, you'll prove
it to yourself in a short little

exercise like that, pull up a chart.

I don't care what asset class it is.

Define it.

Look back last 20 days, last four
days and last six days worth of high

and a low where's liquidity voids.

Where's the ferry by pre-write.

You have some where's equilibrium and
you'll know exactly what price is going to

do on that right-hand side of your chart.

It's going to move to those levels
now think in terms of overall.

You will be able to define
a range by doing that.

You don't need an indicator to tell
you if your bow overbought or oversold

look at the highest level of liquidity
in the form of a high in the last 60

days and the lowest loan last 60 days,
that's your real overbought and oversold.

You don't need it.

You don't need an indicator for that.

I've made fun of that stuff in
my free tutorials on YouTube.

You know, all these guys
stopped not diverging.

I don't need a divergence.

How do you do that?

Where's the range.

Where am I?

In terms of institutional order flow,
the real institutional order flow.

The one I'm talking about,
you'll hear this talk, Chris.

Laurie's not teaching this stuff.

Okay.

Online trading, isn't teaching it.

YouTube guys only.

They're not teaching this.

These are finite things done.

Unless you came from where I came from.

You're not seeing or learning,
or even knowing about this stuff.

It gets deeper than this.

It gets more specific than this.

This was just the beginning
stages of what I I'm taking you.

Whether you realize it or not,
I'm taking you through the whole

process of how I became ICT, the
things I learned, the way I learned

it, the process of how I got to it.

It's what you're seeing here.

One stage at a time.

And how do I know it's like this?

Because I journal I've
kept a journal for years.

And I remember certain things
because I journal, I go back in

time and look at certain things
and I get to relive that moment.

And that's why I'm so passionate
about teaching you even

before I started sharing.

Look how passionate I've always been.

I've always been passionate because
I know what it was like for me to

experience it, to go through the
process in that euphoric moment.

When I finally got to what you're
all aspiring to be knowledgeable,

knowing exactly what you're going to
do with these candles on your chart.

What's this telling you, what are you
going to do with this information?

I'm making money with this.

I'm building a business.

I'm building a future for my family.

I'm building a means of being
able to build a legacy for my

family, that they never have to
be subordinate to a employer.

You're going to make your own
way with this information.

And now I'm interested in that.

I'm passionate about that.

And when you do these things and you go
through the processes of the things I'm

telling you to do with this month, content
doing these exercises beyond a shadow

of doubt, it's going to blow your mind.

You're already here.

It's not a sales pitch.

I don't need to sell anything to you.

You're seeing it, but you're
not really seeing it yet.

You haven't done that yet.

When you do soon as you do it, I'm
telling you the forum's going to light up.

You're going to be, you're
gonna be all over the place.

You gonna be sewing up
charts on, Hey, look at this.

It did it here.

It did it here.

Then it didn't, you're not going to be.

It's gonna be like, no dose.

Forget about it.

Caffeine.

You won't need it.

You're going to jumping around,
hopped up on goofballs because you

literally won't be able to contain
yourself because you knew exactly

what you're looking for going forward.

That's exactly what traders want.

You're asking for setups.

Gimme signals.

No, that's not what you want.

Really break it down.

You want to know what I know you
want to know when you are going to

take a trait, because think about it.

That's ultimate control because if
you know where to find the next 20,

30, 50, 60 trading opportunities,
you don't have to trade today.

You contrast it.

That what you felt like this
morning before the session hoping

opened up, you're hoping I'm
giving you something right now.

If you want to take a trait and
it only comes because you don't

know anything right now, you
don't know what you want to do.

You want to focus on the common goal
is that this information is going to

take you to the understanding of known
what it is that you are going to do.

And when you don't want to do it
to stop distracting yourself, by

going through old content, don't
even watch my free tutorials.

This month.

It's focused on this cause bleeding.

It's, it's a lot, it's
a lot of stuff then.

And only then start amplifying it by
doing the other stuff and the new things

that we teach in February going forward.

But there's a lot of things that you need
to be paying attention to for this month.

If you miss this, you're going to
struggle the rest of the mentorship.

And I mean, And if you don't stay it's
because you didn't take my words to

heart right now because you don't,
you're not, you're not trying to do it.

And guess what?

There's no shame in that, because
if you don't want to do the work

with required here, you're not
going to make it in trading.

Regardless.

If it had everything I was going
to teach in this whole entire

mentorship, it's all between your ears.

It's going to be the problem.

So this is the dividing marker.

For many of you, if you can't submit
to what's required and that you had

to do in January, you might just
hang it up, just forget about going.

Don't worry about it and go back to
watch and free tutorials and YouTube

videos, and then be content with that.

And don't let it beat you up
because you have now arrived at

that's the final decision-maker.

Because if you're not going to
be organized, if you're not going

to be disciplined to do the work
that's necessary, you're never

going to trade, not in find
profitability and it won't happen.

It's not going to happen.

You want reality, you want truth.

That's what this is.

You won't make money at all.

Unless you submit and do the things
I'm going to teach you in January.

Everything.

If you don't do these things
with 1000% assurity, you're

wasting your time with me.

You're wasting your money with me, and
you're never going to be profitable

with the things that I teach.

It's not going to happen.

You'll have hit and miss results,
and you're going to undo everything

because you're going to go nuts.

You're going to just, overtrade
trying to get it all back.

And you don't mean to do any
of those types of things.

It can be very boring.

And that's what you want.

You want to be boring.

You want, you want that same
feeling when you go to work.

It's the same thing every
day, same people every day.

That's what you want your training to be.

Same thing I know in 60 days, looking
back, that's where I need to be focusing

on last 40 days where that's what I
need to be focusing on last 20 days.

That's what I need to be focusing on.

Take that information, cast it forward.

Those levels, cast it forward.

They're going to be
influential in the future.

And there's going to be new levels
that create hires and lows 20

days going forward, 40 days going
forward, 60 days going forward.

And by doing that, you get a future
level to draw a vertical line on

and look back 20, 40, and 60 days.

And if you get an overlap, that's when
the magic happens and would that kids,

I'm going to close it with a very
good day and I will have the recording

up as soon as humanly possible.

Ken, um, I guess I do have
to do another session.

So this one might have to go
on a little bit later, cause I

didn't want to do a live recap.

My library capital, uh, a recap
of today's price action, and then

I'll have this one up afterwards.

So, uh, cause it takes a little
bit more time for this longer

ones to compress and uh, hopefully
you guys found it insightful.

I'm going to wish you all very good
day and good luck and good trading.