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These are the user uploaded subtitles that are being translated: 1 00:00:12,220 --> 00:00:12,910 Welcome back folks. 2 00:00:12,910 --> 00:00:16,149 This is lesson four, the five February, 2017. 3 00:00:16,600 --> 00:00:18,220 Content for the ICT mentorship. 4 00:00:19,300 --> 00:00:22,900 This month's topic is swing trading, and we're going to be specifically 5 00:00:22,900 --> 00:00:26,230 teaching high probability swing trade setups in bull markets. 6 00:00:34,129 --> 00:00:34,280 Okay. 7 00:00:34,280 --> 00:00:40,550 As a reminder, when we're looking at price, we have to think algorithmic and 8 00:00:40,610 --> 00:00:43,370 we have to refer to the PD array matrix. 9 00:00:43,550 --> 00:00:47,150 So without going into great detail, because of study purposes only 10 00:00:47,269 --> 00:00:50,210 I'm including this slide, because I don't know when you're gonna 11 00:00:50,210 --> 00:00:51,320 be watching this video again. 12 00:00:51,320 --> 00:00:54,590 So be mindful that we're looking for the. 13 00:00:55,770 --> 00:01:00,510 Uh, Ray's indifference to the premium or discount spectrum. 14 00:01:03,060 --> 00:01:03,330 Okay. 15 00:01:03,330 --> 00:01:07,290 Bush monthly, weekly, daily sequential. 16 00:01:09,150 --> 00:01:09,330 Okay. 17 00:01:09,330 --> 00:01:10,080 Monthly charts. 18 00:01:11,040 --> 00:01:14,130 When you're looking at the Molly charts of the asset class that you're 19 00:01:14,130 --> 00:01:15,510 studying or doing your analysis. 20 00:01:16,815 --> 00:01:21,225 What you're looking for is a discount array that has shown to induce buying. 21 00:01:21,585 --> 00:01:24,104 And it's going to be evidenced by price, moving higher. 22 00:01:24,585 --> 00:01:27,524 In other words, we're looking for displacement off of a 23 00:01:27,645 --> 00:01:29,895 discernible discount array. 24 00:01:29,895 --> 00:01:31,485 That means it could have been a bull shorter block. 25 00:01:31,544 --> 00:01:36,014 It could have been a old, low, an old high, it could have reacted 26 00:01:36,014 --> 00:01:40,845 after closing in a fair value gap or void, or it could be bouncing off of. 27 00:01:44,310 --> 00:01:44,550 Okay. 28 00:01:44,550 --> 00:01:49,260 In the weekly chart, they're looking for the same thing, just on a lower timeframe. 29 00:01:49,500 --> 00:01:54,330 We're outlining discount arrays, and we're looking for a discount array that 30 00:01:54,330 --> 00:01:57,120 has shown a willingness to induce buying. 31 00:01:57,630 --> 00:02:00,690 And that's going to be again, evidenced by price, moving higher, 32 00:02:03,960 --> 00:02:06,480 the daily chart much in the same way. 33 00:02:06,900 --> 00:02:10,350 We're looking for discount arrays to show evidence that there are buying. 34 00:02:11,910 --> 00:02:15,600 In the marketplace that you're under study and it's going to be seen with 35 00:02:15,600 --> 00:02:23,220 moving higher in price in all timeframes down candles, provide new support to 36 00:02:23,220 --> 00:02:25,410 price and little to no weaknesses seen. 37 00:02:31,630 --> 00:02:31,809 Okay. 38 00:02:31,809 --> 00:02:35,019 When the monthly is bullish and all that we have displacement 39 00:02:35,019 --> 00:02:36,609 prices are already moved higher. 40 00:02:37,390 --> 00:02:42,790 The weekly has done so as well, and the daily has done so no words, you 41 00:02:42,790 --> 00:02:46,690 can see displacement or a rally or an impulse swing on all timeframes, 42 00:02:46,690 --> 00:02:47,980 the monthly, weekly, and daily. 43 00:02:48,399 --> 00:02:50,440 This is the procedure going to be looking to define. 44 00:02:51,875 --> 00:02:53,925 You're going to buy all daily bullish discount. 45 00:02:53,925 --> 00:02:58,665 Arrays is a bullish mitigation block, bullish breaker, liquidity void fair 46 00:02:58,665 --> 00:03:03,465 value gap, bullish order, block rejection block, and, or a old, low or high. 47 00:03:05,835 --> 00:03:10,515 And you're going to be buying four hour bullish discount arrays that are 48 00:03:10,515 --> 00:03:11,745 equivalent to those that are listed. 49 00:03:13,890 --> 00:03:17,520 Now when the monthly, weekly, and daily, or all indicating higher 50 00:03:17,520 --> 00:03:20,490 prices, that means it's making higher highs and higher lows. 51 00:03:20,490 --> 00:03:21,750 It's obvious uptrend. 52 00:03:22,380 --> 00:03:25,050 You're going to be looking for daily and four hour discount arrays 53 00:03:25,200 --> 00:03:26,790 to trade at every single time. 54 00:03:26,790 --> 00:03:27,750 It trades down to them. 55 00:03:28,140 --> 00:03:31,740 We are expecting or anticipating bullishness we're anticipating and 56 00:03:31,740 --> 00:03:33,810 injections of buying volatility. 57 00:03:34,110 --> 00:03:35,610 So the expansion should be on the up. 58 00:03:41,265 --> 00:03:44,834 Now for conditions where the monthly has shown a willingness to go higher 59 00:03:44,834 --> 00:03:49,155 or a displacement or impulse price swings been seen, the weekly has 60 00:03:49,155 --> 00:03:51,075 shown an impulse swing higher as well. 61 00:03:51,405 --> 00:03:54,225 But now say the daily chart is under correction. 62 00:03:54,375 --> 00:03:55,845 We don't see an impulse swing. 63 00:03:56,905 --> 00:03:58,195 Uh, it's actually coming low. 64 00:03:58,225 --> 00:03:59,125 It's trading lower. 65 00:03:59,125 --> 00:04:02,425 Now, what will we do in this conditions while you're going to be buying 66 00:04:02,425 --> 00:04:07,525 daily bullish discount or res at, or nested in weekly discount arrays? 67 00:04:08,065 --> 00:04:12,835 So when we see bullish or blocks, or if we see liquidity voids or 68 00:04:13,465 --> 00:04:18,295 mitigation blocks below current market action, they may occur. 69 00:04:19,230 --> 00:04:25,950 At an area at a nested weekly bullshitter, shorter block may be seen or a weekly 70 00:04:25,980 --> 00:04:28,170 liquidity void or fair value gap. 71 00:04:28,800 --> 00:04:32,160 So we're gonna be looking for daily bullish discount arrays 72 00:04:32,490 --> 00:04:37,800 at, or inside a level that would be seen from a weekly discount. 73 00:04:37,800 --> 00:04:38,130 All right. 74 00:04:38,610 --> 00:04:40,950 So we're going to be coupling the hard timeframe levels. 75 00:04:40,950 --> 00:04:45,030 They may be overlapping or having a confluence of levels when the 76 00:04:45,030 --> 00:04:48,360 monthly and weekly are bullish, but the daily is correcting low. 77 00:04:49,380 --> 00:04:52,410 All indications on the daily chart, it would look like probably a bear 78 00:04:52,410 --> 00:04:55,170 market or a steep correction lower. 79 00:04:55,800 --> 00:04:57,690 All we're going to be doing is in nice conditions. 80 00:04:57,690 --> 00:05:02,970 We're even looking at discount arrays on a daily at or inside 81 00:05:03,180 --> 00:05:04,920 nested weekly district count or. 82 00:05:07,825 --> 00:05:11,455 And we'll buy for our bullish discounter raised at daily and or 83 00:05:11,455 --> 00:05:13,585 nested weekly bullish, discounted rates. 84 00:05:13,585 --> 00:05:18,145 In other words, all this is saying is on the daily and the four hour, we're 85 00:05:18,145 --> 00:05:23,605 going to look for bullish, shorter blocks, bullish breakers, Fairview 86 00:05:23,615 --> 00:05:27,715 guests below the market price, liquidity voids to close in on the range. 87 00:05:28,855 --> 00:05:30,145 Basically non-small trade entry. 88 00:05:31,725 --> 00:05:36,075 And we're gonna be doing that at levels that are seen on the weekly chart. 89 00:05:36,795 --> 00:05:43,035 And it may nest with an old daily discount array, but it doesn't have 90 00:05:43,035 --> 00:05:47,025 to primarily we're gonna be looking for a level on a weekly to trade at 91 00:05:51,755 --> 00:05:53,335 when to avoid buying. 92 00:05:54,330 --> 00:05:58,860 Uh, Ray's on a daily, well, if you see a daily post, a higher high, and then 93 00:05:58,860 --> 00:06:04,050 it's rejected and it breaks down with some market structure, you're probably 94 00:06:04,050 --> 00:06:07,500 looking at a development of a bearish breaker and you do not want to be 95 00:06:07,500 --> 00:06:09,240 buying against that type of condition. 96 00:06:09,450 --> 00:06:16,570 So that would negate this Bush, monthly, weekly, daily sequences. 97 00:06:21,050 --> 00:06:21,200 Okay. 98 00:06:21,200 --> 00:06:25,820 When the monthly is bullish and the weekly is correcting and the daily is correcting. 99 00:06:29,265 --> 00:06:32,475 We'll be still buying daily bullish discount rates at or 100 00:06:32,475 --> 00:06:34,725 nested in a monthly discount array. 101 00:06:34,815 --> 00:06:38,265 That means there may be a monthly bullish or block that it's trading down into, 102 00:06:38,805 --> 00:06:43,815 or it's trading the clothes in a monthly liquidity void or fair value got, or 103 00:06:43,815 --> 00:06:47,265 maybe trading back to an old, higher, an old low, but we're going to be getting 104 00:06:47,265 --> 00:06:48,405 our information from the monthly. 105 00:06:49,229 --> 00:06:53,310 So while the weekly and daily may look bearish, if the monthly still has its 106 00:06:53,310 --> 00:06:58,200 conditions that it showed a displacement higher, that means on a longer timeframe, 107 00:06:58,200 --> 00:06:59,609 they're bullish, they've been buying. 108 00:06:59,909 --> 00:07:03,750 All it's requiring is the weekly and the daily to retrace lower, to get 109 00:07:03,750 --> 00:07:05,520 another long-term buying opportunity. 110 00:07:05,789 --> 00:07:08,429 And that's what you'll be focusing on by looking at nested or 111 00:07:08,760 --> 00:07:11,820 monthly discount arrays trading only at those buying it that. 112 00:07:13,925 --> 00:07:17,525 And we can buy for our bullshit discount arrays at weekly and ordinary 113 00:07:17,795 --> 00:07:25,125 monthly bullish discount erase, avoid buying weekly discount or res if 114 00:07:25,125 --> 00:07:29,115 the weekly has just posted a higher high and rejected that price high. 115 00:07:29,655 --> 00:07:33,165 And you're probably seeing a bear Spreaker on a weekly chart, and you don't want 116 00:07:33,165 --> 00:07:37,335 to be trading in this monthly, weekly, daily sequential in that condition. 117 00:07:42,255 --> 00:07:42,375 Okay. 118 00:07:42,375 --> 00:07:44,085 So let's take a look at this example. 119 00:07:44,745 --> 00:07:47,414 Uh, we're gonna be looking at silver and we're going to outline some 120 00:07:47,414 --> 00:07:49,905 of these ideas and give you some examples on what this looks like 121 00:07:49,905 --> 00:07:52,065 for high probability swing trading. 122 00:07:52,125 --> 00:07:52,335 Okay. 123 00:07:52,335 --> 00:07:54,855 Folks, we're looking at the monthly chart of silver. 124 00:07:56,414 --> 00:08:01,455 Now I'm going to take some Liberty here because I'm pretty confident 125 00:08:01,455 --> 00:08:04,605 that the majority of you are listening that are in this mentorship. 126 00:08:04,735 --> 00:08:07,335 Uh, been aware that I've been calling for. 127 00:08:08,115 --> 00:08:09,344 So we're to be bullish. 128 00:08:09,645 --> 00:08:09,855 Okay. 129 00:08:09,855 --> 00:08:15,344 I was expecting a bullishness back in 2015 and also expected some bullshit 130 00:08:15,405 --> 00:08:20,955 around that 1600 level after the retracement that was seen in 2016. 131 00:08:21,135 --> 00:08:22,784 But with that said and noted. 132 00:08:22,935 --> 00:08:25,575 Um, I want you to take a look at the monthly chart here. 133 00:08:26,265 --> 00:08:27,495 I'm going to outline some things. 134 00:08:27,855 --> 00:08:32,325 Now I'm going to assume for a moment that you going to permit me. 135 00:08:33,760 --> 00:08:39,130 The Liberty of discussing this without having to hide all of the price action. 136 00:08:39,730 --> 00:08:43,390 I'm going to hang my hat on the fact that I was already expecting these 137 00:08:43,390 --> 00:08:46,120 things and you know about it because I've already talked about it in advance. 138 00:08:46,630 --> 00:08:50,410 So we're not going to have to do that additional work in hiding things because 139 00:08:51,010 --> 00:08:54,970 they were already in the new content shared before the fact in terms of 140 00:08:54,970 --> 00:08:56,680 expecting higher prices on silver. 141 00:08:57,520 --> 00:08:58,380 But when we're looking at so. 142 00:09:00,075 --> 00:09:00,315 Okay. 143 00:09:00,315 --> 00:09:02,985 I want you to take a look at what we have done historically 144 00:09:03,015 --> 00:09:07,495 in the last 10 years or so. 145 00:09:07,885 --> 00:09:18,415 Uh, we had a really big runoff in 2009 in 2011, and we saw price breakaway in here. 146 00:09:19,975 --> 00:09:23,335 We've had a really huge surge in silver there. 147 00:09:24,854 --> 00:09:27,614 Price came all the way back down and closed in that area. 148 00:09:27,944 --> 00:09:30,375 That little gap in here, that's what price came down and hit. 149 00:09:31,125 --> 00:09:31,305 Okay. 150 00:09:31,305 --> 00:09:34,995 So we're going to be mindful that we can see the historical reference 151 00:09:34,995 --> 00:09:39,314 point at which caused this load to form and why I was looking for silver. 152 00:09:39,375 --> 00:09:44,535 It could be bullish back then anyway, but it's this our range or determination, 153 00:09:44,535 --> 00:09:48,584 or are we in a market profile that's trending or are we in a consolidation? 154 00:09:49,464 --> 00:09:51,915 Obviously there's been a rather large displacement. 155 00:09:51,915 --> 00:09:52,314 This swing. 156 00:09:54,030 --> 00:09:56,250 Has been violated here. 157 00:09:56,850 --> 00:10:01,470 And this occurred back in 2016, April. 158 00:10:02,310 --> 00:10:03,930 So April broke that swing high here. 159 00:10:03,930 --> 00:10:05,940 That was a nice big displacement higher. 160 00:10:08,100 --> 00:10:14,040 So there was a big move into silver in 2015. 161 00:10:14,190 --> 00:10:18,780 And we carried over into 2016 price comes back down. 162 00:10:18,900 --> 00:10:21,000 Consolidates has another expansion. 163 00:10:21,944 --> 00:10:24,435 Trade all the way back up into these highs. 164 00:10:26,114 --> 00:10:28,005 Now we have created a range. 165 00:10:29,295 --> 00:10:33,285 We have this low to this high. 166 00:10:34,665 --> 00:10:39,074 Now we know all during this time period, which we were 167 00:10:39,074 --> 00:10:40,635 bullish on silver nonetheless. 168 00:10:40,635 --> 00:10:45,675 Anyway, so we have monthly breaking market structure, big displacement impact. 169 00:10:46,935 --> 00:10:48,915 We even took out another swing high back here. 170 00:10:49,305 --> 00:10:50,685 So monthly is bullish. 171 00:10:51,525 --> 00:10:51,735 Okay. 172 00:10:51,765 --> 00:10:56,865 Even while it's all correcting lower here, all these down candles, this high being 173 00:10:56,865 --> 00:10:59,625 broken big displacing off the 1400 level. 174 00:11:00,135 --> 00:11:02,265 And we broke market church on this high here as well. 175 00:11:02,265 --> 00:11:03,975 So we have a bullish monthly. 176 00:11:04,935 --> 00:11:05,295 Okay. 177 00:11:05,955 --> 00:11:08,745 So we're going to outline a few things on this chart. 178 00:11:11,545 --> 00:11:12,895 I'm just going to use horizontal lines. 179 00:11:14,204 --> 00:11:16,935 To save some time and make things easy to see. 180 00:11:18,765 --> 00:11:19,035 All right. 181 00:11:19,035 --> 00:11:26,085 So we have the 1560 level that last big down candle in here, 182 00:11:26,505 --> 00:11:28,925 the actual high uncertainty be fair and let you know what it is. 183 00:11:28,935 --> 00:11:31,635 The high comes in at 1556. 184 00:11:32,085 --> 00:11:35,115 So if we're above price, we look forward to get to the nearest round 185 00:11:35,265 --> 00:11:36,975 number, which would be a 60 level. 186 00:11:37,425 --> 00:11:38,985 Uh, you can expect to get down to the 50. 187 00:11:39,324 --> 00:11:42,345 The market price is above your level that you're looking for. 188 00:11:43,470 --> 00:11:48,240 Conservative and try to not expect that exact level to be hit. 189 00:11:48,330 --> 00:11:50,730 So we're having 60 level here. 190 00:11:50,730 --> 00:11:52,500 It could be a 1580. 191 00:11:52,500 --> 00:11:56,819 It could have been used as well, but I'll ask will drop down until weekly 192 00:11:56,819 --> 00:11:59,640 chart and see the importance of all that. 193 00:12:03,069 --> 00:12:09,100 And we have our high back here, so we have our low, but we're going to stick it 1400. 194 00:12:11,370 --> 00:12:14,219 Because that was the level of keyed off of, and it's not that big of a difference 195 00:12:14,370 --> 00:12:15,839 in terms of where we're looking for. 196 00:12:15,839 --> 00:12:21,540 We have a range defined here and I'm going to take the shaded area off. 197 00:12:22,170 --> 00:12:24,750 Cause we've already arrived at, we are in a trending environment 198 00:12:24,750 --> 00:12:26,189 because it's wanting to move higher. 199 00:12:26,189 --> 00:12:29,640 It's not like sitting in this little tiny log consolidation here. 200 00:12:29,819 --> 00:12:31,920 It really moved on the monthly. 201 00:12:32,250 --> 00:12:34,140 So there's big money flowing into silver. 202 00:12:34,650 --> 00:12:36,329 It has been since 2015. 203 00:12:36,540 --> 00:12:36,780 Okay. 204 00:12:36,780 --> 00:12:38,310 Here we are with the silver. 205 00:12:39,220 --> 00:12:44,070 On a weekly basis and here's that move away from that 1400 area. 206 00:12:45,990 --> 00:12:51,630 And here's our 1560 level anticipating a move to that level 207 00:12:51,630 --> 00:12:53,520 for the monthly bullish order block. 208 00:12:54,660 --> 00:12:55,530 But now look what we have. 209 00:12:55,590 --> 00:12:59,040 We have another level in here for the weekly. 210 00:12:59,820 --> 00:13:03,690 So you have one, two down candles right before a nice big surge in price. 211 00:13:04,770 --> 00:13:07,620 So this level begins at the house. 212 00:13:10,725 --> 00:13:14,865 And we would use the opening on this candle as a conservative price 213 00:13:14,865 --> 00:13:17,655 point as well, but we're going to be fair and just use the high. 214 00:13:19,215 --> 00:13:21,975 And it also puts us below these candles bodies back here. 215 00:13:22,575 --> 00:13:26,445 And we'll refer to that in a couple of minutes, but look at the price 216 00:13:26,445 --> 00:13:28,365 outcomes down, hits this level here. 217 00:13:29,685 --> 00:13:30,015 Okay. 218 00:13:30,075 --> 00:13:30,615 Right in here. 219 00:13:31,365 --> 00:13:32,805 Now think about what we were seeing here. 220 00:13:33,315 --> 00:13:35,715 We have the monthly breaking. 221 00:13:37,490 --> 00:13:41,600 A short-term high and price rallying higher through. 222 00:13:42,230 --> 00:13:47,870 And then, and the weekly starts trading lower in the same time that we expect 223 00:13:48,020 --> 00:13:49,880 the monthly to send price higher. 224 00:13:50,390 --> 00:13:55,760 So while there's a retracement lower on the weekly chart, while the monthly 225 00:13:55,760 --> 00:14:00,949 is bullish, what we do is we wait for price to trade back down into a 226 00:14:00,949 --> 00:14:04,220 level that was discerned by the month. 227 00:14:04,949 --> 00:14:07,349 Can I say, well, monthly is bullish. 228 00:14:07,380 --> 00:14:12,510 We're seeing weekly prices trading softer and price comes back down into 229 00:14:12,540 --> 00:14:18,060 a weekly bullish order block, which is the last two down candles in here. 230 00:14:19,439 --> 00:14:22,589 So we can highlight that because now on a weekly chart, we can see this 231 00:14:22,589 --> 00:14:24,719 level becomes a valid or a block. 232 00:14:25,410 --> 00:14:29,969 We can keep that level at 1560, but just to keep things clear, 233 00:14:30,479 --> 00:14:31,739 I'm just going to adjust as we go. 234 00:14:32,640 --> 00:14:33,930 So we have this level here. 235 00:14:36,130 --> 00:14:41,890 Price hits it reacts aggressively and then price trades all the 236 00:14:41,890 --> 00:14:43,600 way up into making that high. 237 00:14:44,080 --> 00:14:49,780 And then we have since seen that monthly chart correcting, not just because the 238 00:14:49,780 --> 00:14:53,290 monthly charge correcting doesn't mean it hasn't changed its underlying bullishness. 239 00:14:53,980 --> 00:14:57,220 But look at the weekly chart, the weekly chart is moving lower. 240 00:14:57,220 --> 00:15:01,750 So now we have a monthly, weekly, daily sequential where the monthly is. 241 00:15:03,435 --> 00:15:08,805 And the weekly is bearish and it goes without saying that the daily 242 00:15:08,805 --> 00:15:13,845 would be bearish in here as well, but you would be expecting price to 243 00:15:13,845 --> 00:15:16,905 trade back down into a monthly level. 244 00:15:18,735 --> 00:15:21,105 So we have all these down moves and. 245 00:15:23,160 --> 00:15:26,040 The sequential says four monthly, weekly, and daily. 246 00:15:26,130 --> 00:15:30,209 If the weekly is bearish while the monthly is bullish, you have to 247 00:15:30,209 --> 00:15:35,520 wait for price to trade back down into what a monthly discount era. 248 00:15:36,420 --> 00:15:36,989 That was 249 00:15:41,290 --> 00:15:45,579 the 1560 level that we identified price trades down into that 1560 level. 250 00:15:47,115 --> 00:15:51,194 Well, it comes in at 1560 and rallies away. 251 00:15:52,725 --> 00:15:57,555 Notice also it trades down below an old, low and rejection block below the bodies 252 00:15:57,555 --> 00:15:59,834 of these candles trades through it. 253 00:15:59,954 --> 00:16:01,425 It takes another short-term low here. 254 00:16:01,425 --> 00:16:08,865 So there's south side liquidity and it gap between price moving up from here, left 255 00:16:08,865 --> 00:16:10,735 it open because it didn't go down all. 256 00:16:10,755 --> 00:16:13,125 We did this level again on this low. 257 00:16:13,844 --> 00:16:14,775 So closing that gap. 258 00:16:16,205 --> 00:16:17,975 And prices surged away. 259 00:16:18,965 --> 00:16:25,475 What we're going to do is we're gonna look at, in this timeframe here from 260 00:16:25,475 --> 00:16:29,795 the formation of the high, all the way down to this level here, we're 261 00:16:29,795 --> 00:16:32,735 going to drop down into a daily timeframe and we're going to use the 262 00:16:32,735 --> 00:16:34,265 monthly, weekly and daily sequential. 263 00:16:34,775 --> 00:16:34,955 Okay. 264 00:16:34,955 --> 00:16:36,155 So we have the daily chart here. 265 00:16:36,155 --> 00:16:40,775 You can see how it's been trading lower, lower, lower, lower, lower, and until it 266 00:16:40,775 --> 00:16:43,535 hits that monthly bullish order block. 267 00:16:45,400 --> 00:16:50,530 We don't see the reaction that we would expect for bullishness, but we 268 00:16:50,530 --> 00:16:52,300 did keep seeing lower prices here. 269 00:16:53,829 --> 00:16:56,949 You can be a buyer okay. 270 00:16:57,130 --> 00:17:01,030 On this, regardless of it being correcting lower. 271 00:17:01,390 --> 00:17:01,660 Okay. 272 00:17:01,660 --> 00:17:08,109 When the monthly is bullish and the weekly and daily are bearish, you're 273 00:17:08,109 --> 00:17:11,560 going to wait for your best opportunity to trade down into the monthly level. 274 00:17:12,730 --> 00:17:13,210 If the. 275 00:17:14,204 --> 00:17:18,464 Monthly is bullish and the weekly is bullish. 276 00:17:19,935 --> 00:17:20,175 Okay. 277 00:17:20,185 --> 00:17:22,905 Let's go back out to a weekly chart. 278 00:17:23,325 --> 00:17:28,575 Price is trading down into that monthly level, and it's also inside of a 279 00:17:28,815 --> 00:17:30,315 weekly bullish order block as well. 280 00:17:30,345 --> 00:17:34,155 So now we have the monthly chart and the weekly chart and agreement. 281 00:17:34,155 --> 00:17:38,475 So now we can look at the daily chart when it's incorrect. 282 00:17:39,330 --> 00:17:40,260 We're going lower. 283 00:17:40,740 --> 00:17:44,340 We trading off of a weekly and or monthly nested older block to 284 00:17:44,340 --> 00:17:46,140 be a buyer on a daily timeframe. 285 00:17:46,560 --> 00:17:52,620 And every time price trades down into the down candles on a daily chart, it can 286 00:17:52,620 --> 00:17:58,110 be a buyer because we have monthly and weekly in alignment day scout array, four 287 00:17:58,110 --> 00:18:00,180 monthly and weekly are supporting price. 288 00:18:00,210 --> 00:18:04,320 Or we anticipate that they are supporting price or that they will support price. 289 00:18:06,360 --> 00:18:07,800 So as price starts to make higher. 290 00:18:09,240 --> 00:18:09,570 Okay. 291 00:18:09,840 --> 00:18:11,700 We know every down candle. 292 00:18:12,360 --> 00:18:12,659 Okay. 293 00:18:12,659 --> 00:18:13,649 And I'm going to do that now. 294 00:18:17,270 --> 00:18:21,520 And this is just to illustrate when prices 295 00:18:26,000 --> 00:18:28,760 preening down candles, you want to be noting them. 296 00:18:30,350 --> 00:18:31,790 And what it'll do is it'll give you. 297 00:18:37,380 --> 00:18:44,490 All of the, now we have a new one from yesterday or Thursday rather, and we also 298 00:18:44,490 --> 00:18:48,000 have to note the openings of the candles. 299 00:19:14,264 --> 00:19:14,655 okay. 300 00:19:14,804 --> 00:19:15,284 Anything more? 301 00:19:15,284 --> 00:19:16,125 I think it would be overkill. 302 00:19:17,445 --> 00:19:18,705 So we have our levels here. 303 00:19:19,004 --> 00:19:20,205 Where would you expect to see. 304 00:19:21,345 --> 00:19:22,635 And they're not zones. 305 00:19:23,024 --> 00:19:23,325 Okay. 306 00:19:23,325 --> 00:19:26,235 Their specific price levels, the openings and the highs on the 307 00:19:26,235 --> 00:19:27,585 down candles as we're looking at. 308 00:19:28,245 --> 00:19:32,504 So now at this moment, we're going to take our little shaded area off and 309 00:19:32,504 --> 00:19:36,764 we'll create another shaded area right. 310 00:19:36,764 --> 00:19:40,215 From this low and to present time. 311 00:19:40,695 --> 00:19:40,995 Okay. 312 00:19:41,625 --> 00:19:44,475 So now we're going to drop down into our executable timeframe, 313 00:19:44,475 --> 00:19:45,375 which is the four hour. 314 00:19:45,645 --> 00:19:45,855 Okay. 315 00:19:45,855 --> 00:19:49,905 So we have all of our daily highs when our down candle and the. 316 00:19:50,925 --> 00:19:54,645 On those down candles and the same thing is done now also on a four hour 317 00:19:54,645 --> 00:19:58,485 timeframe, you're going to see how amazing the precision is on this, 318 00:19:58,575 --> 00:20:01,605 because what we've done is we've used the sequential from monthly, weekly, 319 00:20:01,605 --> 00:20:07,155 and daily, and use those ideas with the PDRs matrix, only buying on discount. 320 00:20:07,425 --> 00:20:11,175 And I'll show you what that looks like also by applying a tool, but 321 00:20:11,955 --> 00:20:13,695 look at all of the down candles. 322 00:20:14,415 --> 00:20:14,745 Okay. 323 00:20:15,435 --> 00:20:18,165 All the down candles, right before a big surge. 324 00:20:21,044 --> 00:20:23,965 We're going to put it with horizontal lines in here too. 325 00:20:24,004 --> 00:20:25,574 Just stands out and pops off the chart. 326 00:20:28,695 --> 00:20:28,995 Okay. 327 00:20:29,504 --> 00:20:31,274 We had this down candle price hits it. 328 00:20:31,304 --> 00:20:31,875 Rallies 329 00:20:43,355 --> 00:20:45,385 two down candles in here using the body's not. 330 00:20:46,620 --> 00:20:47,670 It's it rallies. 331 00:20:48,000 --> 00:20:48,240 Okay. 332 00:20:48,240 --> 00:20:49,470 Down candle right in here. 333 00:20:50,460 --> 00:20:52,950 It's it trades away creates a new high 334 00:21:10,890 --> 00:21:11,220 Okay. 335 00:21:11,700 --> 00:21:14,820 We have this down candle here. 336 00:21:15,585 --> 00:21:18,675 It rallies through creates a new high trades down into it. 337 00:21:19,185 --> 00:21:22,515 But south side liquidity would be where back here. 338 00:21:24,165 --> 00:21:25,665 So it wouldn't hit your stopper. 339 00:21:25,665 --> 00:21:27,615 And I got, and you have to frame your trade around those ideas. 340 00:21:28,035 --> 00:21:29,295 Again, this is swing trading folks. 341 00:21:29,295 --> 00:21:30,825 It's not day trading. 342 00:21:32,295 --> 00:21:36,345 So we have a level that's traded at this point here it rallies. 343 00:21:36,375 --> 00:21:37,395 Does it create a new high? 344 00:21:37,965 --> 00:21:39,105 No, actually fails. 345 00:21:39,915 --> 00:21:42,525 So now we have to wait the price trade back down into. 346 00:21:44,895 --> 00:21:46,995 The daily, look at the reaction here. 347 00:21:47,205 --> 00:21:50,084 Remember this little hyphenated lines. 348 00:21:50,084 --> 00:21:52,425 They're not elongated horizontal lines. 349 00:21:52,425 --> 00:21:55,185 I'm showing you here with the blue lines, the blue lines, some highly 350 00:21:55,185 --> 00:21:59,084 in near four hour, these little hyphenated or shortened trend lines. 351 00:21:59,445 --> 00:21:59,625 Okay. 352 00:21:59,625 --> 00:22:03,435 There, the daily bullet, shorter blocks or down candles at 353 00:22:03,435 --> 00:22:04,784 the highs or their openings. 354 00:22:05,294 --> 00:22:07,274 Look how price trades down through. 355 00:22:09,130 --> 00:22:11,500 The bullish order block that will be seen on the four hour here. 356 00:22:11,560 --> 00:22:13,270 It violates it here, but what does it do? 357 00:22:13,270 --> 00:22:17,980 It only comes back down to what the daily look at the sensitivity there. 358 00:22:18,010 --> 00:22:18,850 Boom explodes. 359 00:22:19,420 --> 00:22:19,720 Okay. 360 00:22:20,110 --> 00:22:22,960 Price rallies up consolidates a little bit here and M rallies away. 361 00:22:23,320 --> 00:22:25,960 So now once we have this rally through, look what it's done. 362 00:22:25,960 --> 00:22:26,590 It's broken up. 363 00:22:27,995 --> 00:22:28,205 Okay. 364 00:22:28,205 --> 00:22:32,225 So it's confirmed that has done what it's broken a high. 365 00:22:32,225 --> 00:22:33,995 So therefore there's real buying going on. 366 00:22:34,205 --> 00:22:38,105 So now we can go back and look at the candles in here on a four hour basis. 367 00:22:38,105 --> 00:22:39,005 We have one 368 00:22:42,425 --> 00:22:43,385 right there. 369 00:22:44,645 --> 00:22:44,795 Okay. 370 00:22:44,795 --> 00:22:47,375 But it doesn't get down to it, but it does trade back down into 371 00:22:47,375 --> 00:22:49,385 the daily bullet, shorter block. 372 00:22:49,925 --> 00:22:52,925 And that's where you see the price hits it rallies away. 373 00:22:54,305 --> 00:22:56,045 We have a small little bullshit. 374 00:23:01,335 --> 00:23:06,255 Dared last down, candle price comes down and hits it here, rallies 375 00:23:06,255 --> 00:23:08,745 away and creates a higher high. 376 00:23:09,165 --> 00:23:13,035 So now we're going to look for what we're going to look for the down candle prior to 377 00:23:13,035 --> 00:23:15,945 this high being broken up, go back down. 378 00:23:15,975 --> 00:23:16,545 What do you see? 379 00:23:17,865 --> 00:23:23,445 You see this down candle right in here, and it's also a water 380 00:23:23,445 --> 00:23:24,555 block on the daily basis. 381 00:23:26,010 --> 00:23:28,949 So price comes down, hits that level and then boom, we get that search. 382 00:23:28,949 --> 00:23:32,550 This was that last little bit on Friday and I told you, I thought that 383 00:23:32,550 --> 00:23:36,360 we'd get to that 1800 level on silver and that was the catalyst for it all. 384 00:23:36,750 --> 00:23:37,080 Okay. 385 00:23:37,979 --> 00:23:43,229 Now you can see quickly why I do not share my charts like this every single 386 00:23:43,229 --> 00:23:46,080 time I do analysis because when I do. 387 00:23:46,785 --> 00:23:47,445 My analysis. 388 00:23:47,445 --> 00:23:50,175 I have this number of lines on there. 389 00:23:50,985 --> 00:23:54,015 Now, obviously, as you go through and you start moving away, I mean, 390 00:23:54,045 --> 00:23:59,355 you wouldn't have this or this or any of the other levels below it. 391 00:23:59,465 --> 00:24:03,615 Think you could charge her out of clean and keep the most, um, close 392 00:24:03,615 --> 00:24:05,415 proximity levels on your chart. 393 00:24:06,165 --> 00:24:10,205 But by having these levels in mind, you know, where the price may reach for. 394 00:24:10,335 --> 00:24:13,845 And when you go back and you watch all my old stuff, even back when I was on 395 00:24:13,845 --> 00:24:17,415 baby pips, when I was saying that I was expecting a certain level to be sensitive, 396 00:24:17,985 --> 00:24:19,485 it was all of these types of things being. 397 00:24:20,385 --> 00:24:24,375 Now again, I'm taking Liberty here and saying that, yeah, 398 00:24:24,375 --> 00:24:26,085 I can talk about this market. 399 00:24:26,355 --> 00:24:27,375 Like I am doing here. 400 00:24:27,765 --> 00:24:30,645 And for someone that has never had any exposure to me, or hasn't been 401 00:24:30,645 --> 00:24:34,695 paying attention to me in the last year or so about silver being bullish, 402 00:24:35,085 --> 00:24:38,265 uh, this would look like cherry picking hindsight, all that business. 403 00:24:38,325 --> 00:24:38,685 Okay. 404 00:24:38,685 --> 00:24:43,545 But we've talked about silver ACCE gave you on a daily timeframe. 405 00:24:46,665 --> 00:24:53,295 When we do our recaps and daily entries, you can actually see me drawing the 406 00:24:53,295 --> 00:24:56,504 levels here saying I want to see price, stay above that level here. 407 00:24:56,895 --> 00:24:59,205 And, you know, we had a level here that I noted. 408 00:24:59,205 --> 00:25:00,945 I said, I want to see price, stay above that. 409 00:25:01,455 --> 00:25:02,595 All these levels are. 410 00:25:03,645 --> 00:25:04,305 Your charts. 411 00:25:04,335 --> 00:25:07,385 And when we talked about silver, um, we looked at 1800. 412 00:25:07,395 --> 00:25:09,345 I was talking about 1800 for awhile. 413 00:25:09,675 --> 00:25:12,945 Um, also talked about, uh, being interested in being a buyer 414 00:25:12,945 --> 00:25:15,765 at 1600 months and months ago. 415 00:25:16,335 --> 00:25:24,165 You know, and even though we traded down to a low of 1566, look at the sensitivity. 416 00:25:24,735 --> 00:25:30,225 If you look at the 1600 level, you look at 1600. 417 00:25:30,315 --> 00:25:31,095 I mean, that's pretty much the. 418 00:25:33,195 --> 00:25:34,665 And you see that big, big move up. 419 00:25:34,695 --> 00:25:39,945 So $10,000 worth of, uh, profit potential there. 420 00:25:40,665 --> 00:25:45,345 If you're a, if you're looking to be a buyer at that 1600 and to present levels. 421 00:25:45,345 --> 00:25:49,275 Now, if you look at the metals market and the futures contracts, uh, 1800 was 422 00:25:49,275 --> 00:25:50,595 actually hit, who actually went above it. 423 00:25:50,595 --> 00:25:51,705 I think it's 18 or two. 424 00:25:51,705 --> 00:25:53,205 I think it was the intraday high on Friday. 425 00:25:53,985 --> 00:25:59,955 So when we take our setups off of. 426 00:26:00,960 --> 00:26:01,890 These ideas. 427 00:26:01,980 --> 00:26:02,370 Okay. 428 00:26:02,460 --> 00:26:04,500 What we're looking for is, okay. 429 00:26:05,070 --> 00:26:08,070 We have a range at which we want to see price trade from. 430 00:26:09,390 --> 00:26:13,710 And we know that there are levels on the monthly and there's levels 431 00:26:13,710 --> 00:26:16,710 on our weekly chart and there's levels on our daily chart. 432 00:26:17,550 --> 00:26:21,060 And we key off of those and reduce the risk with the four hour chart. 433 00:26:22,170 --> 00:26:24,570 But when we're looking at price like this and it's trading off that level 434 00:26:24,570 --> 00:26:27,150 here, we have to go and refer back to. 435 00:26:28,540 --> 00:26:28,870 Okay. 436 00:26:29,440 --> 00:26:33,399 So we have our range up here, high and the low at which we anticipate 437 00:26:33,399 --> 00:26:36,700 seeing bullshit and rally away price shows that willingness to rally. 438 00:26:37,540 --> 00:26:43,240 But as we look for price to go higher, not only are we buying every down 439 00:26:43,240 --> 00:26:49,060 candle or we'll buy below an old low, like price trades down below it on 440 00:26:49,070 --> 00:26:50,980 low in here that's of discount array. 441 00:26:51,280 --> 00:26:52,120 That's buying below. 442 00:26:53,740 --> 00:26:57,130 So you pick up cell stops in the form of a counterparty for you as a 443 00:26:57,130 --> 00:26:59,110 buyer and price runs away from that. 444 00:26:59,380 --> 00:27:01,810 So you're always looking for where the short-term lows are, where 445 00:27:01,810 --> 00:27:03,160 price could dip down below it. 446 00:27:03,700 --> 00:27:07,120 And by that, and there's no real order block plane here. 447 00:27:07,360 --> 00:27:10,870 So as price drops down, it's natural to expect this whole scenario. 448 00:27:10,900 --> 00:27:13,840 That's why sometimes you'll hear me say, I think that we're probably going to S 449 00:27:13,930 --> 00:27:18,220 uh, sweet down below an old low, like, for instance, what I talked about for. 450 00:27:19,050 --> 00:27:22,320 Uh, Friday's intraday price action for the British pound USD pair. 451 00:27:23,080 --> 00:27:26,070 I expected that low to be violated and rejected, and we'd see higher 452 00:27:26,070 --> 00:27:28,830 prices while it didn't get all the way up to the actual highs. 453 00:27:29,280 --> 00:27:32,820 It did give a nice bounce intraday, which is all based on the ideas 454 00:27:32,820 --> 00:27:33,840 that I'm showing you here. 455 00:27:34,080 --> 00:27:37,650 You have to have an understanding of where price should be drawn to, and we're seeing 456 00:27:37,650 --> 00:27:41,580 that on a monthly chart for silver and on the weekly chart, we saw our levels react. 457 00:27:41,910 --> 00:27:47,460 And, uh, we w when we see this, we have to keep in mind that there's going to be. 458 00:27:48,225 --> 00:27:51,705 The premium arrays where you have to aim for now, is there going to be 459 00:27:51,705 --> 00:27:58,245 catalysts for you having, um, resistance in your trades coming to profitability? 460 00:27:58,754 --> 00:28:00,465 And this is why we had this level over here. 461 00:28:00,705 --> 00:28:01,784 1799. 462 00:28:07,625 --> 00:28:08,665 I think I was 1798. 463 00:28:11,235 --> 00:28:12,795 Yeah, 1798 was the level. 464 00:28:13,365 --> 00:28:15,315 I hit that on Friday beautifully. 465 00:28:15,375 --> 00:28:18,345 We have a liquidity void in here, price trades up into closed in 466 00:28:18,345 --> 00:28:21,165 that that was the first objective. 467 00:28:21,465 --> 00:28:21,825 Okay. 468 00:28:21,855 --> 00:28:28,335 And then after this, we have a little bit more of this void in here, but 469 00:28:28,365 --> 00:28:29,625 now think about what we have done. 470 00:28:30,855 --> 00:28:33,615 We have to consider what, what negates our trades. 471 00:28:33,765 --> 00:28:34,635 If we see a. 472 00:28:36,149 --> 00:28:40,290 So we have a down candle right before another hotter, hot, then it's rejected. 473 00:28:40,290 --> 00:28:43,560 So we had this range in here this low. 474 00:28:43,770 --> 00:28:46,350 That's the reason why I called this level here, because if you look at 475 00:28:46,350 --> 00:28:53,040 the low, he comes in at 1797, even if it monkeys around, just expands 476 00:28:53,040 --> 00:28:55,260 a little bit, which is what I was looking for the 1800 level four. 477 00:28:55,530 --> 00:28:59,220 Um, but it's that level and this level here. 478 00:28:59,340 --> 00:29:02,730 And that's why I was drawing that line out because this is a breaker in here. 479 00:29:02,760 --> 00:29:03,370 It made a higher. 480 00:29:04,575 --> 00:29:06,165 And failed, rejected and broke down. 481 00:29:06,735 --> 00:29:09,375 So we only look for this initially to go higher. 482 00:29:09,375 --> 00:29:12,795 Now we'll wait and see if the daily chart has a willingness to go higher. 483 00:29:12,795 --> 00:29:16,034 And if it does, then we'll know that we're probably going to be looking for the 1920s 484 00:29:16,034 --> 00:29:19,545 and 20 twos, and then they're on keep on going higher, but we would use the. 485 00:29:20,264 --> 00:29:24,615 Monthly and weekly, uh, premium arrays to arrive at what the next level would be. 486 00:29:25,245 --> 00:29:29,145 But while we're trading off of the daily and or four hour, each one of these 487 00:29:29,595 --> 00:29:33,074 charts back in here, when it bounced, you have this liquidity void that you 488 00:29:33,074 --> 00:29:34,304 would be looking to see filled in. 489 00:29:34,814 --> 00:29:35,145 Okay. 490 00:29:35,145 --> 00:29:38,754 And that closes in at this candle is low right here because it's the 491 00:29:38,754 --> 00:29:40,155 last off Candler wait for down move. 492 00:29:40,485 --> 00:29:42,584 So that's where the selling really started happening. 493 00:29:42,645 --> 00:29:43,365 At that point. 494 00:29:43,784 --> 00:29:45,665 You see price hits it sensibly right here, and then. 495 00:29:46,725 --> 00:29:48,195 Creates a buying opportunity again. 496 00:29:48,764 --> 00:29:52,455 And then price comes down into that candle here, here, all in the range 497 00:29:52,455 --> 00:29:54,435 of this body and umbrella is away. 498 00:29:54,495 --> 00:29:57,375 And one more time dips into it here and then moves away. 499 00:29:58,004 --> 00:30:00,975 Now it took several months for this. 500 00:30:01,735 --> 00:30:04,495 There's a metal to, to trade up to that level. 501 00:30:04,885 --> 00:30:08,185 But that swing trading, it's not overnight, it's not intraday. 502 00:30:08,185 --> 00:30:09,445 It takes several days. 503 00:30:09,445 --> 00:30:13,855 That's why we have a time horizon of two weeks or longer, but preferably two weeks 504 00:30:13,855 --> 00:30:17,335 till about a month, that's about usually when you'll see these traits pan out. 505 00:30:18,175 --> 00:30:20,955 So hopefully this has been a little bit more insight. 506 00:30:21,920 --> 00:30:24,950 Then just talking about things in general terms like the teachings. 507 00:30:25,190 --> 00:30:27,020 I know some of you are just chomping at the bit. 508 00:30:27,050 --> 00:30:30,650 You just want to have practical application, but you can't have practical 509 00:30:30,650 --> 00:30:32,390 application without having theory. 510 00:30:32,780 --> 00:30:37,370 So I'm using examples and Marcus, I already called beforehand and I'm 511 00:30:37,370 --> 00:30:41,300 showing you how I use this stuff going into this, uh, particular payers and 512 00:30:41,300 --> 00:30:44,510 these metals and told you why I believe they were going to go to that level. 513 00:30:44,720 --> 00:30:46,130 Now you have the background behind it. 514 00:30:46,190 --> 00:30:47,990 What was the catalyst behind it? 515 00:30:48,595 --> 00:30:52,045 And when you do, as you go through your charts and you note all of the, uh, the 516 00:30:52,045 --> 00:30:55,855 discount arrays, and you look for those, those buying opportunities to get you 517 00:30:55,855 --> 00:30:59,485 in sync with what you saw on the monthly and the weekly and the daily, and you 518 00:30:59,485 --> 00:31:04,015 can reduce down to a four hour chart for swing trading and really refine all of 519 00:31:04,135 --> 00:31:05,605 the levels down to a smaller timeframe. 520 00:31:05,605 --> 00:31:06,595 So it keeps your risk small. 521 00:31:07,315 --> 00:31:11,995 Even if you are off the trading desk, uh, intraday in what you have a job or running 522 00:31:11,995 --> 00:31:13,795 a business, you can use a four hour. 523 00:31:14,639 --> 00:31:15,990 Okay, just check your charts. 524 00:31:15,990 --> 00:31:18,419 Need a couple of times a day and you'll have to check it like 525 00:31:18,419 --> 00:31:20,730 an hour before the kill zones. 526 00:31:20,820 --> 00:31:22,590 And then you have all kinds of opportunities where you can reduce 527 00:31:22,590 --> 00:31:25,800 the risk or look for liquidity pools to key off of, and you don't have 528 00:31:25,800 --> 00:31:29,370 to really be a day trader, but, uh, it's not necessarily though. 529 00:31:29,370 --> 00:31:31,919 You can just trade right off the four hour chart and be fine with that as well. 530 00:31:32,850 --> 00:31:33,020 Okay. 531 00:31:33,020 --> 00:31:35,970 I'm gonna show you how you can apply a tool, an empty for 532 00:31:39,440 --> 00:31:40,250 you going to go to Fibonacci. 533 00:31:42,870 --> 00:31:43,710 Expansion. 534 00:31:44,100 --> 00:31:49,620 And I click on that and we're going to measure a range so we can keep it in terms 535 00:31:49,620 --> 00:31:54,300 of our defining of a PD or Ray matrix. 536 00:31:54,660 --> 00:31:58,650 So they were low up to our high drop it right on the high. 537 00:32:00,960 --> 00:32:05,010 And you're going to drag that back down into the low you just pulled from. 538 00:32:08,270 --> 00:32:08,570 Okay. 539 00:32:08,990 --> 00:32:09,470 So you have. 540 00:32:10,970 --> 00:32:14,660 The 100 level, the high and the zero low, which is the low, you're 541 00:32:14,660 --> 00:32:16,010 always going to draw it this way. 542 00:32:16,280 --> 00:32:17,450 It's never going to be inverted. 543 00:32:17,450 --> 00:32:19,730 Like you could do a Fibonacci and all that business, uh, 544 00:32:19,760 --> 00:32:20,900 like a retracement type thing. 545 00:32:20,930 --> 00:32:22,010 That's not how you do this. 546 00:32:22,190 --> 00:32:22,400 Okay. 547 00:32:22,400 --> 00:32:25,190 What you're doing is you're anchoring from a low up to a high 548 00:32:25,310 --> 00:32:28,430 and dragged down in the second line, back down to that anchor point. 549 00:32:28,970 --> 00:32:29,150 Okay. 550 00:32:29,150 --> 00:32:31,310 So it's going to look like this every time, a small little 551 00:32:32,390 --> 00:32:34,730 triangle, if you will, to the right. 552 00:32:35,840 --> 00:32:36,200 Okay. 553 00:32:36,200 --> 00:32:37,610 So we have. 554 00:32:41,135 --> 00:32:44,615 Several levels in here indicated, and we'll show you what they look like, 555 00:32:44,615 --> 00:32:46,055 go into the expansion properties. 556 00:32:46,775 --> 00:32:47,915 And this is how they are. 557 00:32:51,485 --> 00:32:51,785 Yeah. 558 00:32:52,115 --> 00:32:59,105 The 0.3 Fibonacci extension 30, the one level what's going to be the 100 level. 559 00:33:00,695 --> 00:33:00,875 Okay. 560 00:33:00,875 --> 00:33:02,075 You just double click on low area. 561 00:33:02,075 --> 00:33:05,135 If you want to make any changes, change it to whatever you want to classify it. 562 00:33:05,855 --> 00:33:06,155 Point. 563 00:33:12,209 --> 00:33:17,100 point 90 zero and 0.5, which is equilibrium. 564 00:33:17,520 --> 00:33:19,409 And if he ever wanted to just add a lot, we're going to click 565 00:33:19,409 --> 00:33:21,389 on that type in the numbers. 566 00:33:21,389 --> 00:33:24,689 I just gave you and type it in over here, what you want to use as your 567 00:33:24,689 --> 00:33:29,129 descriptor, and then, okay, there you go. 568 00:33:29,459 --> 00:33:29,699 Okay. 569 00:33:29,699 --> 00:33:33,419 So we have the equilibrium price point. 570 00:33:35,175 --> 00:33:40,455 Everything north or above, it would be the premium PD arrays. 571 00:33:42,135 --> 00:33:48,375 And from equilibrium below down to the zero level, is your discount PDRs 572 00:33:49,665 --> 00:33:52,215 focusing on the range defined here. 573 00:33:52,215 --> 00:33:57,135 That way you can then work out where your premium or rays are 574 00:33:57,135 --> 00:33:58,395 and what your discount rates are. 575 00:34:01,110 --> 00:34:02,340 So let's do that here. 576 00:34:02,520 --> 00:34:08,400 You can see how all this stuff outlines price pretty efficiently. 577 00:34:10,580 --> 00:34:10,969 Okay. 578 00:34:10,969 --> 00:34:12,560 And we're going to make this now. 579 00:34:12,560 --> 00:34:16,010 You don't need to do this on this, showing you to illustrate 580 00:34:16,070 --> 00:34:20,270 graphically because some of you need to see these types of things too. 581 00:34:21,090 --> 00:34:22,380 Yeah, easy to understand. 582 00:34:22,710 --> 00:34:27,000 So you have basically RPD array matrix in actual price. 583 00:34:27,659 --> 00:34:29,760 You can see how price comes down into the 30 level. 584 00:34:30,179 --> 00:34:33,810 That is basically a deep discount. 585 00:34:34,350 --> 00:34:36,150 The deepest discount is 20. 586 00:34:36,480 --> 00:34:41,790 I don't like to see anything less than 20 and premium at 80 deep, 587 00:34:42,150 --> 00:34:47,219 deep, or very expensive, if you will premium at the 90 level. 588 00:34:47,219 --> 00:34:49,710 And I don't like to see any new lungs in these levels. 589 00:34:50,505 --> 00:34:52,634 And I don't like to take any new shorts down here. 590 00:34:53,924 --> 00:34:58,154 So if we take our chart and move on over to, after we take off our 591 00:35:01,384 --> 00:35:03,485 levels, now we can go into 592 00:35:06,545 --> 00:35:06,995 the weekly. 593 00:35:07,475 --> 00:35:08,855 Now notice what this has done for you. 594 00:35:09,665 --> 00:35:09,904 Okay. 595 00:35:09,904 --> 00:35:13,265 You have all of these retracements lower, lower, lower, lower. 596 00:35:13,535 --> 00:35:13,895 Okay. 597 00:35:14,345 --> 00:35:18,424 On a weekly timeframe, you have a small little bullet shorter block, right? 598 00:35:20,235 --> 00:35:23,985 Okay, did it pop a little bit, but it didn't make a new 599 00:35:23,985 --> 00:35:25,755 high Y look where we're at. 600 00:35:26,235 --> 00:35:30,255 We're in the premium side of the marketplace on a monthly. 601 00:35:30,555 --> 00:35:34,185 So our range defined on a monthly basis up here. 602 00:35:34,725 --> 00:35:42,945 Bulls shorter box are not going to be as favorable as if they were down here down. 603 00:35:42,945 --> 00:35:47,235 Candles comes down into a, hits it by. 604 00:35:48,315 --> 00:35:50,674 The algorithm is allowing price. 605 00:35:50,694 --> 00:35:54,165 Get down into a discount to traders on an institutional 606 00:35:54,165 --> 00:35:56,625 basis can pile on their lungs. 607 00:35:57,325 --> 00:35:59,174 Then price will expand and go into a premium. 608 00:36:01,154 --> 00:36:07,605 If we look at the marketplace in terms of the weekly, okay. 609 00:36:08,714 --> 00:36:14,565 And we look for price to come all the way back down into a level of that 1560 level. 610 00:36:15,134 --> 00:36:16,995 Remember I had that on a monthly basis. 611 00:36:17,805 --> 00:36:19,935 That weekly, what a block here. 612 00:36:19,964 --> 00:36:24,855 Even if we weren't looking at the monthly, you can see the importance of 613 00:36:24,855 --> 00:36:29,895 having this in your charts, or at least having it understood in your chart. 614 00:36:29,895 --> 00:36:30,915 So you don't have to draw it out. 615 00:36:31,154 --> 00:36:32,535 Initially, you may need to do this. 616 00:36:32,924 --> 00:36:36,315 You need to put lipstick on your charts to show like this, but over time you 617 00:36:36,315 --> 00:36:37,665 will see clearly you'll need to do it. 618 00:36:37,665 --> 00:36:42,375 And you'll know where the premium and discount spectrums are in relative terms 619 00:36:42,375 --> 00:36:43,785 to the current trading range, your work. 620 00:36:45,209 --> 00:36:46,859 We look at the market trades off of this level. 621 00:36:46,859 --> 00:36:51,480 Now it took it to get down into discount to do this, and then price 622 00:36:51,480 --> 00:36:52,740 rallies up rather aggressively. 623 00:36:52,740 --> 00:36:55,230 Now we're packing into the premium side of the spectrum. 624 00:36:56,819 --> 00:36:59,879 We can go down to a daily timeframe also, and this is 625 00:37:06,750 --> 00:37:07,140 okay. 626 00:37:07,140 --> 00:37:10,410 You can see how price responds again off the order blog. 627 00:37:11,190 --> 00:37:16,770 That are inside of the discount spectrum and all of the order blocks 628 00:37:16,800 --> 00:37:19,260 on the premium side of the range. 629 00:37:19,830 --> 00:37:23,700 You can see how they, while they did cause a little bit of buying opportunities 630 00:37:23,700 --> 00:37:25,020 in here, they have small little pops. 631 00:37:26,130 --> 00:37:30,420 They are not as strong as they would be, is a trader taking them 632 00:37:30,420 --> 00:37:34,380 down inside of the lower end of the spectrum for the discount side. 633 00:37:35,340 --> 00:37:38,160 So you're looking for the range at which price traded in. 634 00:37:38,580 --> 00:37:45,195 And when you're up here, The buy side is going to be hard to pan out, but the 635 00:37:46,035 --> 00:37:50,265 bare shorter blocks, you can see those actually have a lot of influence on 636 00:37:50,265 --> 00:37:52,155 price while we're in the premium side. 637 00:37:53,025 --> 00:37:58,049 But then when we get down to the discount side, Uh, bear sorta block over here. 638 00:37:58,440 --> 00:38:00,120 Doesn't do anything the whole bat price. 639 00:38:00,360 --> 00:38:02,790 Cause it's an eight discount to the algorithm we'll 640 00:38:02,790 --> 00:38:03,779 just keep pressing through. 641 00:38:04,170 --> 00:38:05,190 And that's what you want to be seeing. 642 00:38:05,190 --> 00:38:07,799 You want to be seeing all bare shoulder blocks or up candles, right? 643 00:38:07,799 --> 00:38:08,400 For down moods. 644 00:38:08,700 --> 00:38:10,049 You want to see them being broken as. 645 00:38:11,490 --> 00:38:15,720 Resistance points just giving way and every down candle providing support. 646 00:38:16,050 --> 00:38:18,810 So hopefully this has been insightful to you guys and helped build 647 00:38:18,810 --> 00:38:20,580 some ideas about swing trading. 648 00:38:21,030 --> 00:38:25,740 Um, I'm going to give you the sell side of the marketplace in less than 649 00:38:25,740 --> 00:38:30,630 five, and then we're going to go into actual, uh, setup type scenarios where 650 00:38:30,660 --> 00:38:34,530 this is just a framework and how's it interpret when prices really poised 651 00:38:34,530 --> 00:38:36,600 to move in a swing trading mindset. 652 00:38:37,080 --> 00:38:40,470 But if it isn't doing these types of things, you can't. 653 00:38:41,325 --> 00:38:45,765 Going here and take an order block or bio old low once it's been traded below 654 00:38:45,765 --> 00:38:50,925 it and assumed it's going to be a swing trade swing trades are by definition. 655 00:38:51,135 --> 00:38:54,975 Very rule-based they're not ambiguous. 656 00:38:55,515 --> 00:38:55,875 Okay. 657 00:38:56,145 --> 00:39:00,975 Um, sometimes day trades can be rather ambiguous if there's going to be a 658 00:39:00,975 --> 00:39:04,905 lot of things that can flip back and forth intraday, because it's so noisy 659 00:39:04,965 --> 00:39:08,205 timeframe when you're looking at these monthly, weekly, and daily load. 660 00:39:09,465 --> 00:39:10,785 There isn't a lot of them. 661 00:39:10,995 --> 00:39:14,025 So therefore everybody that's been waiting for these levels to be 662 00:39:14,025 --> 00:39:15,825 traded to on an institutional basis. 663 00:39:16,095 --> 00:39:19,395 That's why they're so sensitive because everybody is waiting for 664 00:39:19,395 --> 00:39:21,345 that same level institutionally. 665 00:39:21,945 --> 00:39:25,855 And when they all pile in, who are those players, they're the, the 666 00:39:25,865 --> 00:39:27,915 very dogs that make this market run. 667 00:39:28,395 --> 00:39:31,305 And all we want to do is be a flat on their back and be a part of that move. 668 00:39:31,815 --> 00:39:35,295 So if you watch him wait for these monthly, weekly, daily 669 00:39:35,295 --> 00:39:39,615 levels, when they occur, It's hard not to make money doing this. 670 00:39:40,365 --> 00:39:43,755 So please has been cycled to you guys until I talk to you next time. 671 00:39:44,115 --> 00:39:45,015 I wish you good luck and good trading. 56409

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