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Welcome back folks.
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This is less than 5th of February.
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2017 is ITT mentorship,
teaching swing trading.
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And this discussion is going to
be on high probability swing,
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trade setups in bear markets.
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Okay.
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Like we did with the bull
setups, the PDA Ray matrix.
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Again, it's included here
just as a reference point.
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I don't know what time you're going to
refer back to this video again, that way
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it saves you some time going back and
forth, looking for it, really dealing with
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the premium side of the PDA rate matrix.
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Okay.
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The bearish monthly,
weekly, daily sequential.
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Okay.
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On a monthly chart, premium
array has shown to induce
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selling as evidenced by price.
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Moving lower.
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When a weekly chart, we see premium
Murrays showing the ability to induce
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selling and it's evidenced by price.
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Moving lower on a daily chart.
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A premium array has shown to
induce selling as evidenced
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by price moving lower.
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So all three timeframes, monthly, weekly,
and daily, all showing a premium array,
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driving price, lower or resisting.
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In all timeframes, all candles
provide new resistance to price
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and little to no strength is seen.
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Okay.
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When all three timeframes are bearish,
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you're going to be looking to sell
all daily bearish premium arrays.
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And they're going to be in
the form of an old high or.
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Hey rejection block above the candles
bodies, a bearish order block, the fair
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value gap, illiquidity void, bearish,
Spreaker, and any bears mitigation block.
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And you're gonna sell every
four hour bearish premium array.
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When the monthly is bearish, the weekly
is bearish and the daily is bullish.
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That means there's a correction
it's underway on the daily chart.
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You're going to sell daily
bearish premium arrays at or
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nested in weekly premium erase.
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You're going to sell for our bearish
premium arrays at daily and or
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nested in weekly bearish premium.
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You're going to avoid
selling daily premium arrays.
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If the daily has just posted a lower,
low and rejected, this is going
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to be seen as a bullish breaker,
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the monthly being bearish,
the weekly being bullish and
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the daily being bullshit.
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You're going to sell all daily
bearish premium res at or nested
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in the monthly premium or.
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Going to sell for our bearish premium
arrays at weekly and or nested in
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monthly bearish premium arrays.
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00:03:27,750 --> 00:03:29,910
And you wanna avoid selling
weekly premium arrays.
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00:03:29,940 --> 00:03:35,609
If weekly has just posted a lower, low and
rejected, this will be seen as a bullish.
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Okay.
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This example for high probability
cell sense, we're going to be
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looking at the monthly, weekly,
daily sequential with the Eurodollar.
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Can we have your dollar
here on the monthly chart?
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And we have 18 months worth of data
highlighted in here and inside the
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00:04:01,960 --> 00:04:05,410
18 months worth of data, we're going
to be looking at all the premium.
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PD race, and we're going to draw
out our up candles with the lows.
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So every up candle
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okay.
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Has it's low?
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No.
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And we're also going to note all of
the opens on the up candles and we're
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going to drop down into a weekly chart.
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Okay.
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00:04:49,370 --> 00:04:55,310
So now we have our monthly levels
down on our weekly chart of the
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00:04:55,310 --> 00:04:58,670
year, a dollar, and I'm going to.
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Refine it to showing the weekly levels.
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00:05:02,595 --> 00:05:02,895
Okay.
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00:05:02,895 --> 00:05:09,315
So we have our weekly levels here
with the low on all the up candles,
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delineating a bearish order block.
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00:05:14,855 --> 00:05:21,365
Take notice also that we're using
the red trend lines to delineate
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the weekly verus shorter blocks.
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00:05:24,725 --> 00:05:27,695
And we're also going to now
delineate the mean threshold.
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Of all of the Bush candles prior to a
down move, which is a bearish order block
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case.
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And now we have all the mean
thresholds of perish order blocks.
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Someone's here overlapping with
a monthly order blocks, open.
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Mean threshold of Porsche or blocking
here, but combining both the bodies
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00:06:00,110 --> 00:06:05,750
and we have the open on this candle
here, delineated, and we're going to
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use one more reference point for this.
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Right there to my name to range from this
high to this low, the body's only not
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the Wix and means threshold right there.
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Okay.
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00:06:26,799 --> 00:06:31,119
So we're going to take our levels now
and move them down into a daily time.
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Okay.
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00:06:35,265 --> 00:06:42,284
So now we have our daily chart indicating
our monthly and weekly PDRs in the
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form of bearish quarter blocks and
the openings of those bullish candles.
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You see the market did in fact
trade up into an opening of a
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monthly bearish order block to.
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00:07:00,780 --> 00:07:07,620
Heavy lines are and the blue lines
that are thin, they're going to be the
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00:07:07,650 --> 00:07:11,790
monthly Bach on a monthly basis, the low.
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00:07:12,690 --> 00:07:17,670
So just keep in mind at the heavier
blue lines there, the openings on the
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parish order blocks on a monthly basis.
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So the price trades up close
in this little gap here.
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Also gives a deep retracement.
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00:07:34,890 --> 00:07:38,400
So in terms of the range between
this high and this low, with this
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high B in the premium or the discount
range, clearly it's in the premium
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range and price also trades to
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a weekly order block.
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It's buried.
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Price hits it perfectly and
trades lower price trades up into
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00:08:01,920 --> 00:08:04,200
a weekly order block as well.
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00:08:04,200 --> 00:08:06,810
Here sells off
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00:08:09,950 --> 00:08:14,810
price trades lower and comes all the
way back up to a weekly order block.
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Pediatric.
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Comes back and retraces and rallies.
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One more time.
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Now notice it's trading through or
deeper into a monthly bullish candle,
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which is a bearish order block.
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00:08:29,445 --> 00:08:35,505
So it's trading up into, and it's also
overlaying inside of here with a weekly
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00:08:36,225 --> 00:08:38,355
bear, shorter blocks, mean threshold.
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00:08:39,794 --> 00:08:43,005
So all the dash lines that are
red, that's the mean threshold
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of a weekly bearish order.
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It's hard to see it in here, but it's
in there overlapping with the opening on
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a monthly bare shoulder block as well.
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Price trades up into it
sells off, comes back.
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One more time, hits that
level again, trades off.
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00:08:58,350 --> 00:09:05,310
One more time comes back up trades into
a previous weekly order block level.
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00:09:06,240 --> 00:09:07,470
Just extended out in time.
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Let me do that now.
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So you can see it for clarity.
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Okay, perfect.
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Delivery of price, price trades down.
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One more time hits this weekly order block
level as well, perfectly trades down.
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00:09:24,300 --> 00:09:27,840
No weekly order block level on here,
trades through it opens right up
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00:09:27,840 --> 00:09:33,390
that level, expands away from it
and aggressively moves towards this
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00:09:33,750 --> 00:09:38,400
old low trades through it comes
right back and hits this little.
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00:09:39,135 --> 00:09:41,235
Remember a PD array can be an old, low
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up to a now a daily bears or
block, which is to last up
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00:09:49,895 --> 00:09:50,945
candle rate for the down move.
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So we have a new level we can apply.
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Okay.
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00:09:52,805 --> 00:09:57,125
So we have a daily bearish
order block right here.
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Price hits it.
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00:09:58,745 --> 00:10:00,605
Trades away, comes back up.
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00:10:01,235 --> 00:10:05,525
Notice this rally up in here
to access resistance, trade.
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00:10:07,620 --> 00:10:14,610
It seeks every time price moves
lower, it's seeking a discount PD IRA.
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00:10:15,569 --> 00:10:17,850
In other words, anything that will be
published like a bull shorter block,
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00:10:18,510 --> 00:10:23,189
eight liquidity void or gap below price, a
rejection block below body to the candles
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00:10:23,490 --> 00:10:28,890
and old low, all those ideas that would be
viewed as a discount or a buying scenario.
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00:10:28,890 --> 00:10:32,730
That's what price will be looking
to seek to find as a downside
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objective, and eventually.
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00:10:35,775 --> 00:10:38,324
Uh, price makes a low in,
starts to move higher.
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00:10:39,435 --> 00:10:41,834
We're not talking about trend
reversals in this discussion.
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00:10:41,834 --> 00:10:45,795
So we're going to just delineate
this marker here, just for
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the sake of discussion.
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00:10:47,655 --> 00:10:50,145
We'll just say you took another
opportunity to go short here and it
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stops you to, so that way there's no
argument about being cherry picking.
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00:10:54,015 --> 00:10:56,354
Do we have all of our levels from
the monthly, weekly, and daily?
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00:10:58,800 --> 00:11:02,849
Daily timeframe, monthly and weekly
levels transpose to the daily.
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00:11:03,209 --> 00:11:05,459
So our executable
timeframe is the four hour.
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So what we do is we look for all these
levels to be moved to our four hour chart.
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Okay.
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00:11:15,569 --> 00:11:18,780
So we have our four hour chart
here, the Euro dollar, and this
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was the highest of all the peaks
before it started trading lower.
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00:11:23,610 --> 00:11:27,449
Uh, we have a big range between this high.
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In this low, and we're going
to take a look at that in
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00:11:31,285 --> 00:11:35,125
terms of our, our low or high.
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00:11:36,115 --> 00:11:42,385
And we are in a premium
area here above equilibrium.
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So we are in a selling
side of the marketplace.
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00:11:45,145 --> 00:11:51,085
Also note that it's also occurring Eddie
mitigation block, a down candle rate,
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grownup move that were below we trade
back up to remove our Fibonacci expansion.
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00:11:56,335 --> 00:11:56,575
Okay.
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00:11:56,575 --> 00:11:57,205
So we can have.
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00:11:59,694 --> 00:12:00,954
Horizontal line added
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00:12:05,865 --> 00:12:08,865
at this candle's high and it takes
you right to that level here.
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00:12:10,125 --> 00:12:12,795
Notice there's no down candle here.
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00:12:12,795 --> 00:12:15,135
It's all just ranges.
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It's this extreme range for the void,
but we have one little down candle
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right here, right before that move.
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00:12:21,555 --> 00:12:26,015
So price trades through that
comes back to it as a mitigation.
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00:12:28,065 --> 00:12:29,365
There was one little pass in here.
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What he did try to get some of
the longs off the date would have
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had here that would be underwater
before it took off and went lower.
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This was their opportunity to
unload those longs that were used
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to drive price up to these levels.
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00:12:40,255 --> 00:12:41,815
And they mitigated those lungs here.
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So you can see that, uh,
that level is indicated here.
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00:12:48,295 --> 00:12:48,475
Okay.
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00:12:48,475 --> 00:12:51,085
So we've changed this to a short
little line in here to indicate.
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00:12:53,160 --> 00:12:58,230
A four hour mitigation block
start looking at all the up
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candles prior to the down moves.
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00:13:00,839 --> 00:13:01,650
I'm going to zoom in.
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Okay.
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00:13:02,910 --> 00:13:09,329
So we have these last two up
candles in here that could be a
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00:13:09,329 --> 00:13:11,160
potential bare shoulder block.
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00:13:12,300 --> 00:13:16,410
We had this last up candle here that
hits that same level with left back here.
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00:13:16,949 --> 00:13:18,870
That becomes a potential
bears order block.
189
00:13:28,305 --> 00:13:28,635
Okay.
190
00:13:30,405 --> 00:13:35,085
And this one here becomes a
potential Berrett-Koehler block.
191
00:13:37,005 --> 00:13:38,415
All these candles in here.
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00:13:39,585 --> 00:13:43,725
They're up moves going into this
decline bare shoulder blade.
193
00:13:56,410 --> 00:13:56,670
Okay.
194
00:13:56,740 --> 00:13:57,990
We have a pair shorter block there.
195
00:14:07,770 --> 00:14:09,270
Bare shoulder block here.
196
00:14:11,270 --> 00:14:12,500
You see that would have been at a loss.
197
00:14:13,290 --> 00:14:14,370
If it was executed on.
198
00:14:14,970 --> 00:14:15,210
Okay.
199
00:14:15,240 --> 00:14:17,070
So we have a bearish we're block here.
200
00:14:17,160 --> 00:14:20,760
All three of these candles
together is one consecutive
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00:14:20,760 --> 00:14:22,350
candle up break for the down move.
202
00:14:23,190 --> 00:14:25,350
That's a potential bearish
order block trades up into it.
203
00:14:25,350 --> 00:14:28,830
Also trades into this little one here,
but I'm not going to have that in
204
00:14:28,830 --> 00:14:30,120
here just to keep the charts clean.
205
00:14:30,180 --> 00:14:35,340
Tim, you have 1, 2, 3 candles trading
up for the down move central bearish
206
00:14:35,520 --> 00:14:37,170
quarter block trades into it here.
207
00:14:37,440 --> 00:14:38,280
This isn't over.
208
00:14:40,640 --> 00:14:42,830
Right here, this candle right there.
209
00:14:43,850 --> 00:14:44,450
That last one.
210
00:14:44,750 --> 00:14:48,860
So when price trades away from it, this
right here could have been traded as a
211
00:14:48,860 --> 00:14:55,010
bear shorter block, and it would have
been a losing trade, their price trades
212
00:14:55,010 --> 00:15:05,790
all way back up into an area at which
here becomes a bear shorter block.
213
00:15:09,495 --> 00:15:14,704
Right there gives you a little bit
of mood and eventually comes back.
214
00:15:14,795 --> 00:15:16,235
That would have been a stop out.
215
00:15:17,704 --> 00:15:22,025
And we have this area
here, all practical high
216
00:15:26,834 --> 00:15:27,135
there,
217
00:15:31,535 --> 00:15:32,344
price trades to it.
218
00:15:32,344 --> 00:15:33,485
Here we are.
219
00:15:33,485 --> 00:15:35,735
Shorter book starts to sell off.
220
00:15:37,435 --> 00:15:42,084
We have another
opportunity presented here.
221
00:15:45,135 --> 00:15:45,405
Okay.
222
00:15:45,944 --> 00:15:47,895
Last up candle, right?
223
00:15:47,895 --> 00:15:48,675
For them move.
224
00:15:49,395 --> 00:15:50,204
Didn't quite get to it.
225
00:15:50,204 --> 00:15:50,505
There.
226
00:15:53,974 --> 00:15:59,074
We have a bearish order block right here.
227
00:16:00,064 --> 00:16:01,775
It's it sells off a little bit.
228
00:16:01,775 --> 00:16:04,324
Trade down into a monthly.
229
00:16:05,940 --> 00:16:07,050
Tracy one more time out to it.
230
00:16:07,070 --> 00:16:08,520
Trades back down to the monthly level.
231
00:16:08,520 --> 00:16:13,020
Again, we're in a range
bound consolidation.
232
00:16:13,470 --> 00:16:16,860
So you have to look outside of the
range for where the stops would be.
233
00:16:17,100 --> 00:16:20,280
That's back here and below here.
234
00:16:22,320 --> 00:16:24,990
So in price trades above
it, like I have an old high
235
00:16:28,040 --> 00:16:32,460
we'll add that as a horizontal line here.
236
00:16:36,330 --> 00:16:42,360
And we'll change it to a black line
just to keep things distinct price
237
00:16:42,360 --> 00:16:44,130
trades above the old high memory.
238
00:16:44,130 --> 00:16:49,110
That's a, that's a premium PD array,
an old high false break above it.
239
00:16:49,500 --> 00:16:50,160
Sell off
240
00:16:55,840 --> 00:16:56,860
price trades down.
241
00:16:58,240 --> 00:16:59,710
We have a potential bears order blocking.
242
00:17:01,890 --> 00:17:03,420
Could be shorted at okay.
243
00:17:04,230 --> 00:17:05,430
And probably sells off.
244
00:17:06,030 --> 00:17:10,410
We have a candle right
before the down move in here.
245
00:17:10,589 --> 00:17:10,920
Great.
246
00:17:11,099 --> 00:17:15,270
There that's a potential bare
shoulder block right there.
247
00:17:16,319 --> 00:17:19,349
And then we have another up
candle rate for this down.
248
00:17:19,349 --> 00:17:23,129
Move this, move away from this rail here.
249
00:17:23,970 --> 00:17:26,700
That could be a potential
selling opportunities.
250
00:17:32,540 --> 00:17:33,020
Okay here
251
00:17:36,469 --> 00:17:37,459
we have one more in here.
252
00:17:37,760 --> 00:17:44,149
These last two candles rate
before down move pair, shorter
253
00:17:44,149 --> 00:17:46,520
block, sell it back in here.
254
00:17:47,449 --> 00:17:50,500
We have a fair value
gap rate between here.
255
00:17:50,550 --> 00:17:55,370
This is a potential selling
opportunity right there.
256
00:17:57,465 --> 00:17:58,255
It's up in that area.
257
00:17:58,275 --> 00:18:06,945
We can sell it and we have another,
they are shorter block right here.
258
00:18:10,195 --> 00:18:13,585
And then Christ tracing all
kinds of low starts coming in.
259
00:18:14,610 --> 00:18:17,280
Uh, we could look for a
selling opportunity at this
260
00:18:17,280 --> 00:18:19,050
level here, right there.
261
00:18:19,379 --> 00:18:21,780
And you could be selling short
here, and this would be a stop-out.
262
00:18:22,500 --> 00:18:27,030
So you can see there's a lot of potential
entries that were profitable, but there
263
00:18:27,030 --> 00:18:28,620
are a few that you could have taken it.
264
00:18:28,620 --> 00:18:31,890
Would've stopped you out and
resulted in a losing trade or
265
00:18:31,890 --> 00:18:33,810
focusing only on the sell side.
266
00:18:33,810 --> 00:18:37,950
So when we get up into this area
here, we're up into a higher level
267
00:18:38,820 --> 00:18:42,150
premium price hits an old area of.
268
00:18:42,899 --> 00:18:45,629
Monthly and weekly PD res.
269
00:18:49,760 --> 00:18:49,970
Okay.
270
00:18:49,970 --> 00:18:55,020
We have a breaker in here, two
down candles, right before it
271
00:18:55,020 --> 00:18:58,950
takes out old highs price trades.
272
00:18:58,950 --> 00:19:01,360
Back up into that breaker here
spends a little bit of time on
273
00:19:01,620 --> 00:19:04,080
a four hour before it expands.
274
00:19:04,080 --> 00:19:04,800
It goes lower.
275
00:19:05,520 --> 00:19:07,550
And then we have our one.
276
00:19:08,745 --> 00:19:11,955
Candles up for down
mood, too tiny of a body.
277
00:19:11,955 --> 00:19:13,085
And it's also encapsulated.
278
00:19:13,095 --> 00:19:16,185
And inside this last up candle, now
we're just a little green candles.
279
00:19:16,185 --> 00:19:18,765
Bodies is basically it's this
it's inside of this up candle.
280
00:19:19,305 --> 00:19:21,825
So we don't look at that
as a bullish order block.
281
00:19:21,855 --> 00:19:27,225
We used the big beef, your body
candle, and that would be seen here.
282
00:19:29,315 --> 00:19:29,585
Okay.
283
00:19:29,645 --> 00:19:31,655
Price trades up into
a bare shoulder block.
284
00:19:31,955 --> 00:19:38,285
And also we're seeing the weekly
levels coming to fruition in here.
285
00:19:41,775 --> 00:19:44,445
Price trades down to a monthly level.
286
00:19:45,285 --> 00:19:47,985
Look at the consolidation around
that monthly level, and then
287
00:19:48,315 --> 00:19:54,105
subsequent weekly level, multiple
little bear should order box in here.
288
00:19:54,735 --> 00:19:56,685
I'll let you study that on your own.
289
00:19:58,440 --> 00:20:00,540
And we have another bare
shoulder block in here.
290
00:20:09,360 --> 00:20:11,640
There, here.
291
00:20:14,160 --> 00:20:17,130
We have another pair of
shorter block here, but we can
292
00:20:17,130 --> 00:20:20,100
also use this last one here.
293
00:20:20,670 --> 00:20:23,910
That's the real reference
point right there.
294
00:20:24,870 --> 00:20:29,220
The last big candle before the
up mood starts to come down.
295
00:20:31,630 --> 00:20:32,850
Here's your reference point there?
296
00:20:35,790 --> 00:20:37,320
And we have one more
297
00:20:40,980 --> 00:20:47,820
here that could have been used as
a short that could have eventually
298
00:20:47,940 --> 00:20:50,970
led to a losing trade right there.
299
00:20:52,620 --> 00:20:59,040
And we have the market trading at an
old, low, as a PDA on a premium basis,
300
00:20:59,610 --> 00:21:03,270
old, low here trades to it there.
301
00:21:10,140 --> 00:21:15,540
And we get back up into the
weekly and above a monthly PD RA.
302
00:21:17,495 --> 00:21:20,435
Less up Candler referred down,
mood hits it trades into a bear,
303
00:21:20,435 --> 00:21:22,595
shorter block, their trades lower.
304
00:21:27,435 --> 00:21:32,835
And again, these are a swing trade
that could be two weeks to one
305
00:21:32,835 --> 00:21:38,715
month, but you have to take some
profits at a logical area as well.
306
00:21:38,715 --> 00:21:40,935
So you have equal lows
here on a four hour basis.
307
00:21:42,225 --> 00:21:46,245
So shorting from this level here, testing.
308
00:21:47,100 --> 00:21:48,330
An idea here for a moment.
309
00:21:48,360 --> 00:21:50,190
Let's say for instance,
you were shorting here
310
00:21:53,400 --> 00:21:54,840
to get below these lows over here.
311
00:21:57,680 --> 00:22:03,020
That's 245 pips just to get
below these lows over here.
312
00:22:04,220 --> 00:22:08,720
And it moved a range of 289 pips.
313
00:22:09,560 --> 00:22:11,270
That's basically what you're
looking at here, that white
314
00:22:11,330 --> 00:22:12,920
shaded area, that's the setup.
315
00:22:14,120 --> 00:22:14,420
And.
316
00:22:15,555 --> 00:22:26,364
The move finishes on February 16th,
2012 and begins on February 13th.
317
00:22:27,145 --> 00:22:32,035
So it's a three-day trade, not
quite a swing trade, but it did
318
00:22:32,035 --> 00:22:35,035
pay out a pretty good pay out.
319
00:22:35,035 --> 00:22:36,775
This didn't fit the time criteria.
320
00:22:38,095 --> 00:22:41,705
And then we have the market trading
back up into a monthly order block.
321
00:22:42,840 --> 00:22:45,210
And becomes a weekly
order walk level as well.
322
00:22:45,810 --> 00:22:48,930
And later time, um, you see
the sensitivity there's levels
323
00:22:49,170 --> 00:22:55,450
again, over here, weekly levels,
weekly levels in here as well.
324
00:22:55,510 --> 00:22:58,870
Trades back up into a bare
shorter block in here,
325
00:23:02,560 --> 00:23:07,770
sells off, spends a lot of
time at a monthly level and
326
00:23:07,830 --> 00:23:10,080
a subsequent weekly level.
327
00:23:10,170 --> 00:23:10,800
It's overlapping.
328
00:23:11,834 --> 00:23:18,344
And it breaks away, trades down
into an old, low taking out that
329
00:23:18,344 --> 00:23:26,415
low rate here with this run trades
back up into our weekly levels.
330
00:23:29,915 --> 00:23:35,375
And here the trades right back
up into mitigation blocks here.
331
00:23:37,235 --> 00:23:40,475
False break about
short-term high trades, low.
332
00:23:41,625 --> 00:23:46,065
Consolidation and expands again, taking
out the sell side liquidity below the
333
00:23:46,065 --> 00:23:48,345
marketplace or a discount PD, right.
334
00:23:51,585 --> 00:23:58,534
Spend some time around a monthly level and
expands away and price seeks to go lower
335
00:24:02,375 --> 00:24:04,365
last two up candles, right?
336
00:24:04,365 --> 00:24:05,145
For the down move.
337
00:24:05,294 --> 00:24:06,225
This candle becomes.
338
00:24:08,580 --> 00:24:13,020
Maybe a valid break of a bearish
order block trades back into that
339
00:24:13,020 --> 00:24:16,230
range here means threshold of both
the bodies of these candles together.
340
00:24:16,710 --> 00:24:23,790
Price sells off and notice how
all up candles provide resistance.
341
00:24:23,910 --> 00:24:24,690
That's what we're looking for.
342
00:24:24,690 --> 00:24:28,950
We're looking for ideas that all green
candles are basically resistance levels.
343
00:24:29,520 --> 00:24:29,760
Okay.
344
00:24:29,760 --> 00:24:33,820
When prices trading back up into
them, we should see that operate as.
345
00:24:35,490 --> 00:24:40,500
Even if they end up getting broken at
a later time, they still provide the
346
00:24:40,500 --> 00:24:43,410
measure of resistance that we would
look for for institutional sponsorship.
347
00:24:44,010 --> 00:24:49,110
For instance, these two candles over here,
price trades up into it here, right there.
348
00:24:49,889 --> 00:24:52,920
That's an opportunity to sell
short and look at the move there.
349
00:24:53,160 --> 00:24:53,430
Hang on.
350
00:24:53,430 --> 00:24:54,420
Just take a look at that one.
351
00:25:03,449 --> 00:25:13,690
So getting short there with a range,
uh, 536 pips, the low forms on June 1st,
352
00:25:13,690 --> 00:25:18,679
2012 to move begins on May 21st, 2012.
353
00:25:18,679 --> 00:25:20,959
So you can see there's a pretty
significant trade they're
354
00:25:21,620 --> 00:25:22,969
trading again, using the.
355
00:25:25,565 --> 00:25:27,665
Monthly weekly, daily
and dental four hour.
356
00:25:30,995 --> 00:25:36,905
Let me see our levels here on a
daily timeframe to these black
357
00:25:36,905 --> 00:25:41,945
lines are price trades away from
this last up candle rate for them.
358
00:25:41,945 --> 00:25:45,425
Move trades back up into it here as
a bear shorter block trades, lower
359
00:25:48,125 --> 00:25:52,475
and price seeks the move below this
low here to get the discount PDs.
360
00:25:57,514 --> 00:25:58,774
Up candle, right?
361
00:25:58,774 --> 00:26:00,695
For a down move should act as resistance.
362
00:26:00,754 --> 00:26:01,565
It does in here.
363
00:26:04,085 --> 00:26:10,804
And here's a potential equal high
price trades back up into that.
364
00:26:11,554 --> 00:26:12,935
We could look for that to be a sell off.
365
00:26:13,024 --> 00:26:16,024
It starts to sell off, but then it
comes down just into a four hour.
366
00:26:17,564 --> 00:26:19,034
Well, shorter block close in the range.
367
00:26:19,094 --> 00:26:19,844
It's all it gives it.
368
00:26:19,844 --> 00:26:21,135
And then finally starts to trade higher.
369
00:26:21,465 --> 00:26:23,925
And it's outside of our range for study.
370
00:26:24,554 --> 00:26:29,294
I want you to take a look at all
of the levels in here that provide
371
00:26:29,294 --> 00:26:38,304
potential setups and how much of a
range we saw from these price points.
372
00:26:48,014 --> 00:26:49,395
No, this is a four hour basis.
373
00:26:53,675 --> 00:26:53,915
Okay.
374
00:26:53,915 --> 00:26:56,705
Look at all the sensitivity
on these levels.
375
00:26:59,445 --> 00:27:04,395
Now, if we dropped back up to a daily
chart and you'll see the setups actually
376
00:27:04,875 --> 00:27:10,004
become less frequent, but more, more
stunning in terms of responsiveness.
377
00:27:10,245 --> 00:27:10,485
Okay.
378
00:27:10,485 --> 00:27:12,074
So you can see all of
the opportunities in.
379
00:27:12,975 --> 00:27:18,195
On these levels and these four hour, uh,
opportunities, these would, these would
380
00:27:18,195 --> 00:27:25,485
get you in sync with the higher timeframe
daily and or weekly, but all of the
381
00:27:25,485 --> 00:27:33,705
sensitivity around these levels, all each
individual unique setups and while not
382
00:27:33,705 --> 00:27:36,105
every single one of them are profitable.
383
00:27:36,705 --> 00:27:40,395
The vast majority of them are, and
they provide you an opportunity to do.
384
00:27:41,840 --> 00:27:44,120
A short seller at logical levels.
385
00:27:44,270 --> 00:27:48,770
And if you keep your focus on the monthly
and weekly levels, notice how you get
386
00:27:48,770 --> 00:27:56,510
far less opportunities to be short, but
look at the responses out them here,
387
00:27:57,470 --> 00:27:59,000
all these dark blue levels in here.
388
00:28:01,250 --> 00:28:01,520
Okay.
389
00:28:01,520 --> 00:28:03,889
And then you have the
weekly levels as well.
390
00:28:05,270 --> 00:28:06,949
Very stiff resistance.
391
00:28:08,115 --> 00:28:13,185
Very stiff resistance in here,
layered resistance here and weekly
392
00:28:13,185 --> 00:28:16,245
and monthly layers of resistance.
393
00:28:18,764 --> 00:28:19,725
And you have the daily level.
394
00:28:19,725 --> 00:28:20,774
We just outlined over here.
395
00:28:20,835 --> 00:28:21,495
That's what that is.
396
00:28:21,975 --> 00:28:22,395
Okay.
397
00:28:22,995 --> 00:28:27,284
And you can see there's a lot of
opportunity for pips, but when you
398
00:28:27,284 --> 00:28:31,605
drop down to a four hour timeframe,
they gave you a more refined
399
00:28:31,605 --> 00:28:34,455
entry point where it lessens your.
400
00:28:35,625 --> 00:28:37,395
And it gives you closer to profitability.
401
00:28:38,865 --> 00:28:42,645
So just like we showed on the bullish
side of buying with high probability
402
00:28:42,645 --> 00:28:48,075
setups or swing trading, the same
thing is said on the sell side.
403
00:28:48,765 --> 00:28:53,195
You're just looking for the monthly,
the weekly and the daily four hour, all
404
00:28:53,215 --> 00:28:58,095
those levels that go in concert with
one another to overlap, to converge,
405
00:28:58,425 --> 00:29:02,445
the more levels that converge around a
specific price level, the more likely
406
00:29:02,445 --> 00:29:03,705
it's going to probably be sensitive.
407
00:29:05,230 --> 00:29:07,899
But you want to focus primarily
on the monthly and weekly levels
408
00:29:07,899 --> 00:29:13,090
because they're going to be the big,
biggest catalysts for big moves.
409
00:29:14,080 --> 00:29:17,379
And I'm going to take everything off
the chart here with the exception of
410
00:29:17,379 --> 00:29:18,669
the monthly and weekly levels again.
411
00:29:19,000 --> 00:29:20,919
And I want you to take a look
at how much impact it has.
412
00:29:23,470 --> 00:29:23,649
Okay.
413
00:29:23,649 --> 00:29:26,500
You can see all of the weekly
levels and red and all the monthly
414
00:29:26,500 --> 00:29:31,149
levels and blue, very significant
price swings, bearish shorter.
415
00:29:34,355 --> 00:29:37,925
Many many times treating it that
level again, weekly levels can be
416
00:29:37,925 --> 00:29:40,355
retreated to monthly levels can
be retrained to you several times
417
00:29:40,385 --> 00:29:41,524
because they're hard timeframe.
418
00:29:42,125 --> 00:29:46,264
Why do we permit higher timeframe
levels to be traded to multiple times?
419
00:29:47,794 --> 00:29:52,294
Because larger orders in larger positions
are built on monthly, weekly level.
420
00:29:53,594 --> 00:29:58,094
So it may require them multiple passes
into that level to capitalize that,
421
00:29:58,365 --> 00:30:04,064
that particular price level for bears
scenarios or building in bears positions.
422
00:30:04,215 --> 00:30:07,905
The consolidation in here has been
retreated to here as well, back
423
00:30:07,905 --> 00:30:13,514
up until a weekly order block and
monthly order block layered in here.
424
00:30:14,534 --> 00:30:19,615
And then the responsiveness off of
this level, mostly level over here.
425
00:30:21,255 --> 00:30:28,035
And coupled with the weekly permitting,
some measure of trading through it.
426
00:30:28,035 --> 00:30:31,155
In other words, we're not looking for
precision, always on a monthly and
427
00:30:31,155 --> 00:30:35,055
weekly basis because there's going to
be a larger, uh, order block there.
428
00:30:35,925 --> 00:30:40,665
So we could be trading it to the main
threshold or it could be using the low.
429
00:30:41,265 --> 00:30:44,865
And that's why we had to consider
if we have a layered area of
430
00:30:46,305 --> 00:30:47,865
levels on monthly and weekly.
431
00:30:48,165 --> 00:30:48,405
Yes.
432
00:30:49,515 --> 00:30:53,925
Expecting potential for maybe getting
stopped out, but not forgetting the
433
00:30:53,925 --> 00:30:57,525
whole idea of the trade or what frames,
the idea that this market should go
434
00:30:57,525 --> 00:30:59,355
lower and then take the next set up.
435
00:30:59,385 --> 00:31:02,595
Because if you don't do that,
you end up missing the move and
436
00:31:02,595 --> 00:31:04,295
then you end up looking back.
437
00:31:04,325 --> 00:31:05,595
Say, I wish I would've
did it one more time.
438
00:31:08,075 --> 00:31:09,455
And again, reaching for old lows.
439
00:31:11,554 --> 00:31:15,095
You see also with weekly levels and
finally expanding to the town side.
440
00:31:15,514 --> 00:31:19,715
So hopefully this has been insightful
to you guys in regards to how you take
441
00:31:19,715 --> 00:31:22,145
the levels from the monthly, weekly,
and daily, and transport them to the
442
00:31:22,145 --> 00:31:24,425
four hour chart to look for setups.
443
00:31:24,575 --> 00:31:29,554
We're going to build on this model
in lesson six and seven, finally,
444
00:31:29,554 --> 00:31:33,125
with the million dollar swing
trading model in lesson eight.
36546
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