Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated:
1
00:00:00,030 --> 00:00:00,870
Welcome back folks.
2
00:00:01,530 --> 00:00:01,770
Okay.
3
00:00:01,770 --> 00:00:02,850
We're looking at the dollar index.
4
00:00:02,850 --> 00:00:03,780
This is a daily chart.
5
00:00:05,590 --> 00:00:07,740
You see post Trump inauguration.
6
00:00:08,220 --> 00:00:12,090
Uh, we were unable to get up
to this last bullish candle.
7
00:00:13,830 --> 00:00:17,640
The candle here that we were watching
for a move potentially to have
8
00:00:18,360 --> 00:00:19,800
some buy stocks resting above it.
9
00:00:19,920 --> 00:00:22,260
The high continent, 1 0 1 72.
10
00:00:23,040 --> 00:00:26,490
Yesterday's high commit 1 0 1 73.
11
00:00:27,660 --> 00:00:30,869
Poke his head above that high rejected.
12
00:00:31,380 --> 00:00:36,570
Uh, we do have sell side liquidity below
this low, but more specifically again,
13
00:00:36,570 --> 00:00:38,370
focusing on these equals down here.
14
00:00:38,970 --> 00:00:41,250
Uh, certainly it looks like it
wants to drive down through it.
15
00:00:41,670 --> 00:00:44,459
Um, so we'll be watching that next week.
16
00:00:45,510 --> 00:00:50,580
Um, we had a consolidation to slightly
lower bias on the dollar index has
17
00:00:50,610 --> 00:00:55,470
unfolded your a dollar daily chart.
18
00:00:56,985 --> 00:01:01,545
It looks still like it wants to move about
these candles bodies in here up into that
19
00:01:01,545 --> 00:01:08,025
1 0 6 60 level clearing out the buy stop
liquidity over here by these equal highs.
20
00:01:08,745 --> 00:01:12,405
Uh, anything below the load in here would
look for the sell side liquidity below
21
00:01:12,405 --> 00:01:15,885
the bodies of the candles here and how
much into this worker would need to be.
22
00:01:16,320 --> 00:01:21,029
I would have to be a mantra at
that time, but right now it appears
23
00:01:21,029 --> 00:01:26,820
it's all upside buy-side liquidity
targeted at a 1 0 7 60 to 1 7 80.
24
00:01:26,820 --> 00:01:30,030
Looks like, uh, let's see what
the highest on the candle.
25
00:01:31,410 --> 00:01:32,910
1, 7 99.
26
00:01:32,910 --> 00:01:35,520
We might see a 1 0 8 big figure.
27
00:01:36,030 --> 00:01:38,580
If we can get above 1 0
7 60 so it could expect.
28
00:01:39,525 --> 00:01:42,825
To run into the one on eight again,
but right now we're only looking for a
29
00:01:42,825 --> 00:01:44,325
move up into the one who seven sixties.
30
00:01:44,865 --> 00:01:49,905
Try not to get too
overzealous pound dollar.
31
00:01:50,385 --> 00:01:55,095
Uh, we start following this buy-side
liquidity pool resting above this high.
32
00:01:56,505 --> 00:01:59,385
So it looks like it's trying, it
certainly is trying to get up in there
33
00:02:00,075 --> 00:02:02,505
and punch that, uh, 1 24 30 level.
34
00:02:04,515 --> 00:02:07,965
Any weakness down here closes in
this fair value gap in between
35
00:02:08,025 --> 00:02:13,185
this candles low and this candle's
high, but it looks certainly clean.
36
00:02:13,185 --> 00:02:19,454
Once you go up into this, uh, buy-side
liquidity pool, us CAD this week.
37
00:02:19,605 --> 00:02:21,345
Beautiful, beautiful protection.
38
00:02:21,855 --> 00:02:23,745
Uh, we had a mitigation block here.
39
00:02:23,745 --> 00:02:27,105
We were outlining, uh, go back and
look at the charts that were shared
40
00:02:27,105 --> 00:02:29,625
each day, Monday through Thursday.
41
00:02:29,625 --> 00:02:31,545
And you'll see the
transitions from all of them.
42
00:02:32,310 --> 00:02:36,750
Uh, reference points we had for this week
for this particular pair I had relative
43
00:02:36,750 --> 00:02:41,880
strength across all the dollar pairs
paired with the dollar first and its
44
00:02:41,880 --> 00:02:47,730
name, significant weakness in Canadian
dollar strength seen in dollar category.
45
00:02:47,730 --> 00:02:51,390
We had south side liquidity
ran out below the 1 30, 51.
46
00:02:52,994 --> 00:02:56,625
Uh, cell stops below these equal
loads over here, still intact.
47
00:02:57,165 --> 00:02:59,714
So that's the only notables this
outside liquidity pool that is
48
00:02:59,774 --> 00:03:03,464
in the daily timeframe at the
moment mitigation block here.
49
00:03:03,795 --> 00:03:07,875
Uh, we saw trance Pyre today, all the way
up to the main threshold rate to the PIP.
50
00:03:07,904 --> 00:03:11,894
I mean, you can't get any better than that
to beautiful price action and delivery of
51
00:03:11,894 --> 00:03:18,404
price immediately rejects off of that as
you would expect for a near term response.
52
00:03:19,890 --> 00:03:24,510
So we've seen Friday, Thursday, Wednesday,
Tuesday, Korean, the low of the week.
53
00:03:25,020 --> 00:03:28,870
And we moved from an area
of let's just call it a one
54
00:03:28,870 --> 00:03:31,020
thirty, fifty all the way up.
55
00:03:31,050 --> 00:03:35,940
If we just go to 33 50 when it went
above it, obviously, but it's a
56
00:03:35,940 --> 00:03:39,360
300 PIP range here for dollar cab,
which is phenomenal for a week.
57
00:03:40,260 --> 00:03:44,100
And it's all relative to the liquidity
pools and the things that we've looked
58
00:03:44,100 --> 00:03:45,540
at for this particular timeframe.
59
00:03:46,140 --> 00:03:46,740
Again.
60
00:03:47,670 --> 00:03:51,270
Looking at these daily timeframes, it just
takes a lot more time than you're probably
61
00:03:51,270 --> 00:03:57,090
used to, but there's plenty of setups and
there's plenty of ideas to keep you busy.
62
00:03:57,660 --> 00:04:01,140
So while we're looking at these
timeframes and the reference points,
63
00:04:01,140 --> 00:04:05,100
just keep that in mind that it's not
a day trade every day type thing.
64
00:04:05,220 --> 00:04:09,570
It's a study and see what makes these
hard timeframes move because every one
65
00:04:09,570 --> 00:04:14,610
of these daily candles there's day trades
their scalps, their short-term trips.
66
00:04:15,390 --> 00:04:15,840
Okay.
67
00:04:15,900 --> 00:04:20,040
So there's many different ways to
skin a cat, but you have to have
68
00:04:20,040 --> 00:04:22,620
these hard timeframe charts to help
you get to that level where you can
69
00:04:22,620 --> 00:04:29,220
do multi-dimensional trade ideas,
Aussie dollar, again, really nice.
70
00:04:29,220 --> 00:04:35,400
This week we saw the bull block
yesterday, go up, it hit the
71
00:04:35,400 --> 00:04:37,650
75 75 level, right to the PIP.
72
00:04:37,740 --> 00:04:42,240
And then the objective of 75 80
was hit, uh, last night during.
73
00:04:43,260 --> 00:04:44,610
The Australian session.
74
00:04:45,240 --> 00:04:50,400
So it was still, uh, the trading day in
New York for us in the north American
75
00:04:50,400 --> 00:04:54,240
continent, but it hit that level and
we went just a little bit above it.
76
00:04:54,240 --> 00:04:58,920
See what the high as high as 75, 89,
so nine pips above our target for
77
00:04:58,920 --> 00:05:04,950
the week and has since traded off
right now, it's trading at 75 49.
78
00:05:05,520 --> 00:05:07,409
So very nice response there.
79
00:05:08,130 --> 00:05:11,250
About 30 pips rejection
sets again, a tree.
80
00:05:12,164 --> 00:05:15,794
Expected result at that level.
81
00:05:16,185 --> 00:05:18,945
Not that we're looking to short, not that
we're looking at a day trade, but we're
82
00:05:18,945 --> 00:05:21,075
studying the responses on these targets.
83
00:05:21,075 --> 00:05:25,515
Only outline them in these hard timeframe,
content installments it's to your benefit,
84
00:05:25,515 --> 00:05:28,005
to see and study what their reactions are.
85
00:05:28,005 --> 00:05:30,705
Once there's levels are hit, some of
the levels are going to be entries.
86
00:05:30,765 --> 00:05:33,164
Some of the levels are going
to be targets and some levels
87
00:05:33,164 --> 00:05:34,304
are just simply never touched.
88
00:05:35,460 --> 00:05:38,460
But there's certainly a
great deal of PIP ranges.
89
00:05:38,490 --> 00:05:42,120
And while there is no long-term
trade setups at the moment, the hard
90
00:05:42,120 --> 00:05:44,520
timeframe premise has absolutely
been phenomenal this week.
91
00:05:44,970 --> 00:05:50,760
Even with them week, it's been expected
to be quiet to a listless because of the
92
00:05:50,760 --> 00:05:55,620
inauguration and turned out to be a rather
lackluster day, except a little bit more
93
00:05:55,620 --> 00:05:58,590
volatility today, but it's been subdued.
94
00:05:58,620 --> 00:05:59,790
So it's probably a.
95
00:06:02,099 --> 00:06:03,240
Finally Euro pound.
96
00:06:03,719 --> 00:06:08,640
Uh, we had the fair value gap
up in here Pitt and we went to
97
00:06:08,640 --> 00:06:09,870
a premium market, has sold off.
98
00:06:10,200 --> 00:06:12,150
I had noted the sell
side liquidity down here.
99
00:06:12,150 --> 00:06:13,590
We worked at right there.
100
00:06:13,620 --> 00:06:15,030
Now we're just hanging around.
101
00:06:15,479 --> 00:06:21,000
It looks as if we're probably going
to maybe try to trade back up a
102
00:06:21,000 --> 00:06:23,520
little bit, but ultimately I think
we're probably going to make it.
103
00:06:24,659 --> 00:06:29,940
Uh, for the sell side liquidity eventually
after we closing this gap, if we continue
104
00:06:29,940 --> 00:06:34,770
to go through it, we would be making
a buy stop run on buy-side liquidity
105
00:06:34,770 --> 00:06:38,309
at 90, 50 to 90, 60 level up here.
106
00:06:39,570 --> 00:06:41,520
And that's it for this week, folks.
107
00:06:42,510 --> 00:06:45,810
Talk with you Sunday on
a pre-market session.
108
00:06:46,350 --> 00:06:49,170
And we'll see, uh, we'll
see where we open on Sunday.
109
00:06:49,170 --> 00:06:49,950
Let's say it like that.
110
00:06:49,980 --> 00:06:54,900
So Sunday evening, when the market's
open, I want to see what all the
111
00:06:54,900 --> 00:06:58,710
openings are for dollar and foreign
currencies and emo hasn't commentary
112
00:06:58,710 --> 00:07:01,320
for, uh, for the beginning of the
week, it'll be a prerecorded session.
113
00:07:01,680 --> 00:07:04,170
And until then, and wish you a very
pleasant safe weekend until then.
114
00:07:04,170 --> 00:07:04,470
Good luck.
115
00:07:04,470 --> 00:07:04,860
Good trading.
10262
Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.