All language subtitles for Lesson 6 - When To Avoid The London Open EN

Okay folks.

Welcome back to lesson six of
the April, 2017 ICT mentorship.

This month is ICT day trading model.

This lesson is when to
avoid the London session.

Okay, this lesson's going to be
completely void of any charts, any kind

of examples, any kind of distractions,
because I want you to think about the

characteristics that I'm outlining here.

It's not a long lesson,
but it's very, very simple.

At one to make it separate apart
from everything else, because many

of you look at the charts and you
try to question why I'm drawing a

line here or on highlight in this,
or why is this time delineated there?

And why is it not this?

I want you to think about the things
I'm outlining in this lesson from a

conceptual or characteristic viewpoint,
because they're not ambiguous.

They're very specific
things that I look for.

And these are the types of things I want
you to think about when you're going

into trading the London session for days.

So when is the London session not ideal?

Well, typically after a large range
day, which is greater than two

times the average five day range.

In other words, if you look at the
average daily range of a particular

pair, if you ever have a day prior
to the day, you're wanting to day

trade or traded on the session.

If the previous day.

Or previous trading day had a huge or
large range day that went greater than two

times its five day average daily range on
the day that it had the large range day.

Okay.

That is a day that you do not
want to trade immediately.

The day after typically there'll
be a consolidation or it could go.

After a series of three consecutive
up closes on a daily chart, you want

to avoid trading longs at least in
Lebanon session, because typically

you can get a retracement that
could be rather deep creating a down

close day on a candle on the daily
chart or a really long WIC intranet.

And then maybe continuing in the
direction of the three consecutive

of closes, but generally after three
up closes, you're going to either

get a pause or retracement lower.

After a series of three consecutive
down closes on a daily chart.

You want to be avoiding London shorts
again, just the same thing we just

mentioned with three consecutive
up closes as daily chart would

indicate many times when you see
three consecutive down closest to.

Trading short in London the next day
or the fourth trading day in a row.

Many times you can get caught up in a deep
retracement or it can go sideways and it

makes it not ideal for London session.

Now, with both of these conditions
outlined here, three consecutive up closes

and three consecutive down closes again,
that's relative to a daily timeframe.

So if we see that criteria, what
that will do is help filter out.

We have that situation generally,
you won't see a big range day now.

It doesn't mean it can't happen,
but it's highly unlikely to

occur on the fourth trading day

after FMC event that
produces extreme whipsaw.

Now this could be linked to the very
first one I said as well, after a large

range day, greater than two times its
average daily range on the five day basis.

That can be.

The fact that it puts you in the
sidelines, not trading London, or if

there's an FMC event that produces extreme
whips, all, it means that if there's

an interesting announcement that comes
out, if they don't change the straits,

or if they do change interest rates,
or it wasn't as high as they thought it

was going to go or lowers it, thought
whatever that release is, I don't care.

I don't care so much about that.

I want to see is what was
the action in the market?

So if the FMC event creates and
produces an extreme whipsaw up and

down, generally, FLMC comes out two
o'clock in the afternoon, New York time.

So if we see that big whipsaw price
action, that's going to mess up London.

Okay.

It's going to screw up the central
bank dealers range and possibly roll

right on into the agent session.

So just avoid trading London open
after FMC events that create.

Ahead of non-farm payroll numbers
typically a first Friday, not

always, but generally the first
Friday of every trading month, we

expect to see non-farm payroll.

If we are looking for non-farm
payroll to occur, we are not treating

London session at all on that Friday.

Now the same trading day.

That's heading into a long
weekend or a holiday that day.

We avoid trading London as well,
because it could be an early leave.

A lot of trades going to go on an
early escape from the marketplace.

And a lot of money is gonna
be sitting on the sidelines.

Now this is going to be a hit and
miss type thing and variably, you're

going to be able to go back and find
instances where ICT look at this.

It went 300 pips, okay.

Going into the holiday.

And it was a short.

Is it going to happen?

Possibly.

Yeah, sure.

It was, I mean, anything can happen,
but we're, we trade in the world of

probabilities and statistical edge.

So if we know that historically the
normal event is if there's a day leading

into a holiday, usually it's a Friday.

It could be a Thursday.

Generally.

You want to avoid trading the
London session because it's going

to probably a quiet session.

It's not worth taking on the risk.

High to medium impact news drivers
for that particular market.

So if we look on economic calendar, you
can use for X-Factor, you can use any

other, um, reputable economic calendar
attracts what news releases or market

drivers that are going to be released
through out the week in each particular

trading session for every major payer.

If we're looking at that for the London
session and we see multiple high-end.

Or medium impact events for a
particular currency that can spell

a pretty tricky London session.

Not all the time.

Again, there's always a caveat there where
it can happen, but generally if we see

multiple drivers, like for instance, maybe
there's a two o'clock event that's coming

out and then at three o'clock there's
another one, or maybe there's a three.

You ain't coming out and then
there's a five o'clock in the

app, five o'clock in the morning.

And then as well, one may be medium impact
or one may be a high-impact or they both,

they both may be, uh, one or the other
in terms of medium or high impact news.

If we see multiple events do out
on the economic calendar for ethics

or repair, it could be problematic
for your London session trade.

Okay.

So what we ideally look for, like we
learned in the first portion of this

mentorship is we want to see generally.

High-impact or medium impact news event.

And that way we know there's
going to be probably one stage of

manipulation for that particular day.

And then the profit release portion of
the day or the expansion of the daily

range will unfold going into New York.

An absence of any news during
London can be a wild card day.

That means it could go either way.

It could be a real easy technical
day where your, uh, profiles

unfold exactly as you expect.

Or as we just recently seen in
the time of this mentorship.

Um, the UK prime minister came out
with a snap election decision right

on the heels of the holiday break.

And it took the cable by storm.

So we had a 400 PIP move in one trading
day for, uh, the British pound USD.

So, and there was an absence completely
of any Munden time-based news events.

So it was sprung on
the market last minute.

And then.

That was the result.

So there's always some kind
of a black Swan unexpected.

Didn't see it coming curveball.

And that was one we just seen
while we were doing the mentorship.

Now, what characteristics do I look.

To look for an avoidance
of London session.

The first one is the
central bank dealers range.

If it's greater than 50 pips, I'm
already knowing firsthand I'm possibly

going to pass on the one session.

It doesn't mean it's a guaranteed
set in stone, but if I have plans

the next day, if I have plans with
my family and I want to be ready.

I'll just not pat out, just
pass on them on the session.

And even if it moves well, I won't even
get up at night to see how it sets up.

I'll just avoid the
London session altogether.

Get a good night's rest.

If I can and be rested and
spend my time with my family.

If I don't have any plans the next
day going into New York hours, then

I will still wake up around midnight
time to see what the Asian range did.

And that'll set up my decision factors
with like we just learned in lessons.

If the Asian range is greater than
40 pips, I'm going to consider

the delayed protraction profile,
but it has to meet every one of

those criteria for it to unfold.

Otherwise, I'll move to the
sidelines and avoid trading London.

If the market starts to sustain
rally or decline from APM.

It's usually a poor indication
of a London session.

That means that the real
event is started at zero GMT.

And they're probably going to keep
a sustained move going through

and very little retracement.

Usually the retracement will occur if
at all, during the New York session,

if central bank dealers range and
or Asian range is not visually.

And it means obviously consolidating,
I'm going to look to avoid the London.

So that means there has to be a
completely different market profile

from that what we saw of the intraday
price action between the London open

and London close of the previous day.

So after 2:00 PM or the previous
day going to APM, if it isn't a

quiet, small little consolidation
range, that's not an ideal scenario.

It means it's going to be a
poor set up, going to the.

Same thing with Asian range.

If the Asian rains gets really wild
or widens up that again, lessens

the statistical edge, that it will
give us by moving into approach

reactionary state, right after midnight.

So bottom line, since you make dealers
range and or Asian range, must trade down

into a small, tight consolidation range.

If we don't see that, if it's trending.

In both or either, or it makes them
on the session, highly suspect.

And you'll know clearly by looking at
the time window that creates central

my dealers range and the Asian range.

If it's not in consolidation or if it
isn't consolidation very clear, obvious.

You'll see what I mean by going
through your charts and going back

over a 15 minute timeframe, you'll
see it clearly when it creates a

consolidation, it looks very, very
distinct, small little narrow range

in contrast to all the previous days.

And today.

If it's wide or erratic or trending,
and either one of those ranges,

central bank dealers, ranger, Asian,
it makes London highly suspect.

And I don't want to trade
in those conditions.

Now we as traders as a day trader, we're
going to be aiming for days when the banks

will hold the market to build open float.

And again, that builds on the
idea of the previous point.

Anticipate the banks holding the
market in a small, tight consolidation.

And what they're doing is they're
allowing orders to build above and

below the intraday high as being
formed between the Asian range open

and the Asian range close at midnight.

So we're looking for that
building up of orders.

We don't need to know what the orders
are or how much they are, cause we're

never going to know what that is,
but we can see it indicated in how

they maintain a very narrow price.

Through central bank dealers, rains
time, window, and the Asian range.

Again, if it's not clear, if it's
not obvious in a small, tight

range, it's probably going to be an
ugly London session and you're not

going to see a clear manipulation
cycle or a protectionary state.

If the market is trending from
8:00 PM, New York, generally, this

is going to create London slot.

That means the move is most likely
occurred at the beginning of

zero GMT 8:00 PM, New York time.

And it's going to keep on rolling through
until we see the New York session.

So again, we don't want to see an
Asian session trending environment

for an ideal London entry.

When the market is conditioned for
London slop, as we just described in

the previous point, sleeping training.

That means if any of these things that
we've mentioned so far, are there, that

means that the London session is going
to be sloppy if it's going to be sloppy.

Does that mean that's a
high probability condition?

Absolutely not.

We want it to be so slanted in our favor.

That means not trading every day.

Every single trading day will not have
the recipe for a clear profile as we

described in lots of less than five.

But when we see these characteristics
here, it lends very well for us

to weigh whether or not we're
going to be participating in the

London, or if we do participate in
London and we just second guess it.

And we have to see it for ourselves
by experience trade with very, very,

very little risk, because you're
probably gonna regret knowing it

accumulation manipulation and distribution
is the business of introduction.

That's all it is.

Intraday is the short term horizon
where banks can manipulate and knock

people out, push in orders, you know,
facilitate, uh, false sentiment ideas.

So what we're looking for is these
orders to accumulate in the marketplace.

We don't necessarily know how many
orders are above and below these

consolidations that we look for in a
central bank dealers range in Asia.

But we know based on our directional
bias from the daily chart and for hour

with using the PDA Ray matrix, and if
the data ranges where price will most

likely draw two on the higher timeframes.

So if we know that and we're bullish,
we can anticipate the next stage,

which has manipulation taking the
price lower down into an area where

traders will be induced to sell or
get knocked out of premature entry.

That are already long.

They're going to unseat those position.

Then they distribute those positions.

They have a key made going long near
the low of the day, near the high

today at London close or late New York.

That's the model we're trading off of.

That's what we're looking for.

So if we don't have clues or fingerprints,
if you will, to lend to these ideas being.

It's not ambiguous.

It's not a guessing game.

It's not, well, I wonder if it's
going to do this or I want, if

I'm going to do that, no, we know
exactly what we're looking for.

If there's hallmark, trademark
characteristics that make these London

session entries perfect and ideal.

And it's based on the criteria we've
given you from the central, my dealers

range in Asian range, there are
specific things that you look for.

If they're not pre.

You do not have high
probability conditions.

Trade-in if they are, as we were
describing here and you take the trade

or you take a supposedly bullish or block
or supposedly turtle soup or something.

Okay.

And you lose money now, you know why?

Because you don't have it in your favor
where they're clearly going to draw price

one direction or the other based on the
criteria we've given you in less than.

If the conditions were selling you
here in less than six, are there

you have a great deal of odds
in your favor of losing money?

So pay attention to these points
because it will keep you, at least

in my opinion, it's kept me from
doing a lot of trading where I was

better off sitting on the sidelines.

Then they're getting in there and
marketplace, if you look at, uh, some

of the conditions that we've outlined.

Over the course of this mentorship.

Um, some of the days are ideal
for these events right here.

Then other days, there are
instances where they're not so

prevalent in the conditions.

We're probably in our favorite of
trade, but you still can be wrong.

So again, this helps you avoid the
ugly periods, but you're still going

to get these once in awhile moves
where it would have been better.

Had you taken it.

And all this is doing is help.

You know, when the odds are less in
your favor and believe me, if you

avoid this lesson, if you discount
it, if you think, oh, you know, I'm

just going to look for the signals.

You're going to look for the signals in
this kind of mess, and you're not going

to see the results you're hoping for.

And you're going to
attribute to this stuff.

Doesn't work.

ICT doesn't have an edge.

There's no benefit to knowing these
types of things and it's all fluff wrong.

You've seen enough instances
where precision is.

The precision won't come into the
marketplace or be evident in price

action when these elements are present.

So I know what you're probably saying.

Well, what's going on in the marketplace
when these events are happening, what are

the central banks doing ready for this?

I don't know.

I don't know.

And if I don't know, or have a
belief in what they're doing,

then that's certainly not a time
where I'm going to put money in.

And neither should it be for you?

We know what they're doing or most
likely doing when we have these narrow

consolidation ranges between central
bank dealers range and Asia range.

When we have a daily bias, when we know
where the draw is on a daily chart,

where is the price going to be drawn to?

What is it going to be moving
up to a premium where it's going

to be moving down to a discount.

We knew that for a
directional bias, having that.

Applying it to our London session.

If we can find the standard normal
protraction profile or the delayed profile

in that direction of the day, we got it
licked, but you still can have losses.

If we see these conditions here,
regardless of what we have as

a daily bias, whatever we think
it is doing, it doesn't matter.

All those things fall.

To this criteria here, because we're
specifically dealing with intraday action.

We have to have rule-based ideas.

We have to have filters.

These are our filters.

You do not trade every single trading day.

These conditions will prevent
you from taking positions in.

And you have to accept it.

You got to submit to it.

You have to be subordinate
to some level of rules.

If you don't have them, you're going
to overtrade you're gonna treat every

single day and yes, you might catch
some amazing moves that may appear

when these conditions are there.

And you'll be able to show me an email.

I didn't do that.

And I still, I made 120 pips here.

Michael, look at this and I'm going
to say, you didn't follow the rules.

You're going to get mad.

You're going to be offended, but
I'm telling you up front, if it

looks like this and you traded
it in London and you make money.

I don't want to know about it
because all you're doing is just

saying you did not follow the rules.

Okay.

When is London open kills zone ideal.

And we obviously we've talked
about what makes the avoidance of

London session most apt to be the
best choice, but what do we do?

To help formulate an ideal scenario going
into London, but the daily charts is

going to be clearly respecting PDA race.

So are we in an environment where the
market's clearly respecting, uh, obvious,

clear, um, non ambiguous, PDA res,
where the market is clearly is going to,

uh, uh, an order block, which closing
a gap, uh, and it's responding as you

would realistically expect it to, uh,
when we have those in here and find a.

Probability trade in my
favor as a day trade.

I'm just going to get a hearing and
get lucky in London, that's gambling.

We don't do that.

So we have to have a discernible direction
in the marketplace on the daily chart, and

it has to be respecting a PD rate matrix.

And that way we know what our daily
biases is it going to be reaching higher.

It's going to be reaching lower.

It's just that.

Now when the market is poised to trade
higher on the daily to a premium array,

we're going to be looking for London
longs, because they're going to be

ideal entry points because we know
that on the higher timeframe daily,

it's respecting the PDA matrix and
the most likely outcome is going to

be reaching for a premium PD array.

The range at which it is
trading at right now at market

price to the next premium PDA.

Right.

That is going to be indicative
how much we can anticipate for

the next price move higher.

It may not fulfill that
entirely in the day trade the

day that you're trading that.

In other words, it won't fulfill
that entire range in one day.

It can take several days and
that's going to also facilitate the

continuation of the next trading day.

Are you going to be
trading in London as well?

Because he may have that
range still to fulfill.

And if it's still there on a daily
chart to reach up into that pre.

You have still rains to work with and
you may end up getting another set up

in the following consecutive trading
day in London and do the very same

thing you did in the day before buying.

When the market is poised to trade
lower on a daily to a discount

array, London shorts, or ideal
same scenario just reversed.

In the previous point, if we have just
recently traded off of a premium array.

And we're going to be reaching
down into a discount array.

I mean the bull shorter block closing
a fair, you get that below market

price, closing a liquidity void below
market price, a trade down below an

old low market deploys to make a low
resistance liquidity run to a discount.

If we see that scenario in the
daily London shorts or ideal,

it doesn't mean circumvent.

All of the previous slides that I, this
mentioned those conditions have to be.

Uh, eliminated.

In other words, they can't be present
even in this condition here and the

previous point, as well as it relates
to premium rays, either one of these

conditions can be canceled out.

If we seen the conditions that we
just shown in the previous two slides,

when the daily range has not recently
exceeded its five day average daily

range and expansion day is due to.

So in other words, if you study
average daily range, you can

do several studies like this.

You can look at every single day,
what's the expected average daily

range from a five day basis.

And what is the actual five day
average daily range at the close of

the day and keep a running log of
that, of, of the payers that you trade.

This is the reason why you don't
want to train 20 pairs because you

can get really tuned in to your
payer or payers if it's just too.

By doing these types of things because
when the average daily range of the last

five days is factored, not every single
day will the average daily range be met.

Many times it'll be just below it or not
even much more than half of the average

daily range, if we're in a quiet period.

But if we have traded several days and the
previous day has not seen or exceeded, it

doesn't mean it has to go two times the
average daily range on a five day basis.

But it has yet to trade above the
average daily range on a five day.

The previous day, and you're bullish.

You have a really good chance of having
a large range day, the day of your trade.

And we don't have the conditions
in the previous two slides

that would cancel out one.

If we have all those things present
and we can see the profile unfolding

that we learned in lesson five, you
have the highest probability of a

big expansion day because the five
day average daily range has not been

traded to or exceeded in the previous.

So we have a condition
of volatility it's low.

And the average daily range, many
times will be either one and a half

or maybe even two times to find the
average daily range and instances

where we can get a big range day.

You don't need very many of those over
the course of a month to erase a lot

of the screw ups that you'll make.

If you try to trade every single day,
you don't want to take your big winnings.

And use that to remove all
of the stupid trading days.

In other words, avoiding the previous
two slides conditions and still trying

to force a trade and trying to show, you
know, the community and the mentorship,

or show the internet that you're you
and you're smart, or you got done.

What was necessarily, uh, the ICT roles
you were able to find, uh, set up.

Okay.

You're not going to impress anyone.

You should not try to impress me.

And it may not be important to you,
but I can tell you if you stick

with these rules, you're going
to do better than if you don't.

But know that when we have these big range
days, we that's, that's the cream, that's

the, that's the bonus for the month.

Okay.

When we catch these big range
days, you don't want to be trading

every single day because you're
going to get small little things.

Draw down days, draw down
days, draw down days.

And then when you get a good win, it
doesn't really show as a win because

you have all these small little
singles, small little singles that

erased by a loss, a loss, a loss.

So you're treading water.

And then all of a sudden you have a normal
trading when it won't register that much.

In terms of your equity growth,
it will require you to use the big

mainstays is to show all your profit.

And if you look at a 20 day study of
every train retreat, If you trade it

every single day, you're going to see
that your results are skewed in such

a way that if you're profitable, if
you take out your largest profitable

day, you probably aren't making money.

You don't want conditions like
that in your equity growth.

Okay.

You want to show a smooth equity growth.

Bye ferreting out the times when you don't
want to be trading, because if you can

take the periods of draw down probability
out of the equation, or at least do your

best to remove it, then you stand a better
chance of trading limits in ideal center.

So you really slant yourself
to high probability conditions.

So while you still may suffer losses
and you still absolutely will,

the larger losses will hopefully
be avoided because you're forcing

yourself in a rule-based idea.

That way you'll have
singles, singles doubles.

301 wins.

And then when you get these really
big, huge runners, and you're able

to position yourself in London and
you let them go, that will push

your equity return for the month.

Way over your average with your average
is like eight to 10% for the month.

You get a big average daily
range, big move, and you hold

onto it for the whole day.

Many times that'll push you 10, 15% more
for the month, then your normal return.

And.

There's a way of standardizing your
monthly return, but you have to

start with these rule-based ideas.

So as we learn more things, we S we
start applying them to our live sessions.

We started applying them to our,
um, exercises and drills, and

when we practice, so when we have
these things, we go through a

specific criteria, a list of rules.

Eliminate certain trading days and you'll
know why we're not trading those days.

Versus if I say I'm not trading today and
you're, you're left, scratching your head

saying, well, why is he not trading today?

What makes this day any
different than the other?

Now you're going to know.

So if I say on that trading today,
you'll know why I'm not trading

it and you won't get upset.

You won't be offended.

You won't think I'm trying to go
to the beach the next morning.

And you're just trying to get some sleep.

You'll know why there's a real reason why.

And it's because.

It's not something that takes
a great deal of, you know,

mental acrobatics to understand.

These are very simple
things to understand.

When you look at the price, study it, go
back and look at several months of data.

And I don't care what care you look at.

If you see these things in the
marketplace, it's highly unlikely.

They're going to get a clean London
session and that's what we want.

We want to trade when
the market has a clear.

Squeeze on volatility.

They're holding it in a consolidation
and they're letting the order stack up.

We know where the market's going
to want to go on a daily chart.

How many times have you seen over the
course of the last six, seven months where

I'm calling the market on the daily chart?

It's almost 98% accurate.

It's ridiculous.

Okay.

So when we apply these ideas and we fared
out all the times, when the conditions we

showed in two previous slides are there,
we're going to miss some moves and that's.

We don't care about that, but
we're leaning ourselves heavily

in the, basically the salad
days, the easy trading days.

Okay.

And we're moving now into a
framework where I actually trade

with these types of things.

So I don't trade every single day.

And there's gonna be times now
going forward in our mentorship.

When we have these conditions there,
I'll let you know in the forum.

This is not a high probability day.

We will be sitting on the sidelines
and waiting for new events or

waiting for a New York session.

So now you have a clear reason why I won't
be taking certain participation in, in, in

trading days and you'll know what you're
going to be learning from not doing it.

And we'll see many instances where it
will protect us from taking what would

otherwise be a losing trade in London.

So hopefully found.

Less than insightful.

I know it's not exciting.

It's not sexy.

It doesn't have all kinds of charts,
but it's one of those ones that

require you to think it's one of those.

It's one of those lessons that
helps you build a winner's mindset.

You have to have rules, you have to,
and the best rules are the ones that

help you stay out of the marketplace
because everybody can get into.

There's no, there's no shortage on
reasons to get into a trade because

everybody can come up with one.

They make books about it all day long.

Every bookshelf in the bookstores
have some reason why you need to be

a buyer seller based on something.

But very little is written
about how do you know when to

stay out of the marketplace?

That's what this lesson has given you.

So here's one of the
beautiful elements to it.

I don't care if you're a position trader.

A swing trader at heart.

I don't care if you're a
one shot, one kill trader.

I don't care if you're just going to
be a day trader or if you're going to

be a scalper, like we're going to learn
next month, the criteria I just gave you

here, we'll save your backside regardless
of what trading discipline you have.

Because if you're going to be executing
in China trade with the London side.

As your means of entry.

If it looks like these two previous
slides, you want to wait, just wait

until a better technical picture.

And when you get it, you'll have
no problem taking your entry and

you'll be much more fortified
in knowing that you have all the

odds that you could possibly have.

Reasonably, you know, in your favor and
that's what you want to live as a trader.

You want to be in the market
when it's highly favored.

When your side of the marketplace,
you want to be onsite, not offsite.

And the way I've learned over a
long period, and these are lessons

that I had to learn painfully very
painfully, because I'm stubborn.

I want to do things the
way I want to do things.

And if someone tells me I shouldn't do
this, I'm going in doing that very thing.

You know what.

The sign says on the lawn,
don't step on the grass.

I'm dealing the jig on it.

I'm dancing all over it.

Moonwalking on it.

Not because I'm ignorant,
I'm trying to be rude.

It's just, that's my nature.

It's human nature to do the very things,
you know, you're not supposed to do so

you have to have these rule-based ideas.

So that's why there's no charts in this.

There's no, let me show
you the examples of this.

Okay.

It's rules.

It's 100% rules and I'm going
to leave it up to you to have

this created as a checkup.

I'm not going to give you a checklist
that has this stuff, because I want you

to write it in your own handwriting.

Once you write it out, subconsciously,
you're going to retain that.

And in every day you're
going to refer to it.

When you look at the marketplace and
in the previous two slides, if those

conditions are there, you already
know probability has fallen off the

table, and it's not likely to be
an easy trading session for London.

I think about that.

It's very, very empowering.

It also gives you context.

Yeah, you might still
be bullish on that pair.

You might be bearish on that pair,
but when you don't have the conditions

in favor for technical symmetry,
where you can expect and clearly

anticipate the manipulation on the
central banks, when they reprice

higher and go into protraction
and state, we're entering in that.

If we don't have the framework to clearly
see when they're going to do that,

what are we doing in the marketplace?

What everybody else does gamble and
gamblers sometimes make money, but

gamblers rarely make a living with that.

We should good luck and good trading.