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Welcome back folks.
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This is lesson two of the may,
2017 ICT mentorship, ICT amplified
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day trading and scalping.
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This teaching's going to be
teaching, filling the numbers.
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Okay.
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Um, well, when we talk about filling in
numbers, what we're talking about is the
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likelihood or the tendency for APTA to
fill specifically for numbers per day.
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Now the daily range will seek to
fill or trade to for specific levels.
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Each trading.
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These two levels that first come to
mind is the previous day's high and low
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as a day trader you're going to work
with the previous days, highs and lows
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and the last three days high and low,
whichever the highest is in that regard
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for swing points based on the daily chart.
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Those.
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Reference points are going to
be like your bread and butter.
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You're going to go to these specific
levels because it's going to give
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you a great deal of context as
you'll learn later in these months
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teachings, but the previous day's
high and low, we always look for
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one of those levels to be traded to.
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It doesn't have to happen because
the daily range could be smaller.
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Then we'll be required to get to
the previous days higher, low,
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but generally we're looking for a
retest or trade through previous
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days, highs and lows of the day.
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And for one of the tools that's
most used by retail traders and
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still large funds, they will use
what we understand as historically
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the floor traders, pivot numbers.
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Now I don't use them a great deal
in my trading, except for this.
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I look for the central pivot point
and these are zero GMT pivots.
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We look for the movement above the
central pivot in the form of , which is
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the mid point or a 50% of the distance
between the central pivot point in
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R one R one or resistance level four
stage orders and four, which is the mid
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point or 50% of the distance between R
one and R two pivot point R two, which
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is the resistance level for stage.
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M five midpoint or 50% of the
distance between our two and our
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three and our three, which is the
resistance level for stage orders.
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And you're probably asking yourself,
what are staged orders, Michael?
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What is this?
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Because traders and most likely we'll be
using pivot points collectively and fight.
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Use them as well.
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Uh, IPTA will invariably trade to them and
through them, uh, most of the time folks
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that use pivot points, aren't really using
them accurately and they don't always
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work either, but there's a tendency for
up to, to want to trade to them because
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there's going to be staged orders.
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They're staged means there are buyers
and sellers at those levels because
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most people don't have to use them.
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What would be otherwise viewed as
a goodbye point below the central
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pivot point at like S one and
S two, that actually might be a
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really good area to sell short.
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Once the daily range has started to expand
down and it trades back up to that S one
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S two, that could be a continuation cell.
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But if you look at the general
consensus across the board in retail
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perspective, they think anything below
the central pivot point is a good one.
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So that's why we talk about
it in terms of staged orders.
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We don't care whether
they're buying or selling.
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We just know that it is going to go there
to facilitate trade and go through that
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market for fund liquidity, not retail
worker traders, not the little guys it's,
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you know, you know, in a mom and pop
brokerage firms on the big bank level.
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They'll trade through these
levels to fill those numbers.
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And obviously.
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Below the central pivot.
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We look for M two, which is the mid
point or 50% of the distance between
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central pivot and S one S one is the
first support level for states orders
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than M one, which is the mid point where
50% of the distance between S one and S
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two pivot points as to which is support
level for stage orders, M zero, which
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at the mid point or 50% of the distance
between S two and S3 and finally S3, which
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is a support level for staged orders.
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Now your problem.
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Yeah.
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If you've never heard of a pivot point,
or if you've never seen these before
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is, is probably very confusing for you.
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And it's not that big of a deal.
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It's a simple little indicator that I'm
going to share with you, um, on the forum.
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So at the time of this teaching,
when you're done watching it, all
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you have to do is go back to the
forum under the resources tab,
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underneath the PDF file link.
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That's not active until
all the lessons are done.
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You're going to see a link there where
you can download DMT for indicator.
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Well, it's not important that we
understand how to trade pivot points
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like the reattune retail crowd.
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It's important to understand
what these levels are and how
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we are going to interpret them
in terms of filling the numbers.
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Okay.
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Using the order flow direction and
PD Ray matrix for specific bias.
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We can use these numbers to help determine
what numbers will be filling for that
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particular day, the trade entry point.
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Do you use for your trades?
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You look for the numbers that
will fill from that price point.
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If you're going long, your from your long
entry, you look above your entry point
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for the sequential four levels above.
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If you're selling short, you look
below your entry point for the
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sequential four levels below.
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That means if we're looking to go
short and we happen to be entering
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near the R two level, we could
look for em for our one and three
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central pivot, four levels below us.
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That would be an example of looking
for the numbers to fill using
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the pivots on large rains days.
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More than four levels can be filled or.
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The tendency to move at least to four
levels is a general rule of thumb.
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Ideally, majority of your trade
position will be taken off.
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After four levels are filled.
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Always leave a portion on for the
potential for a large range day.
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If time permits.
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So, if we're looking at a position where
long in intraday say we gone long from
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London and we've already seen four pivots
traded to on the upside, the bulk of
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your position, I'd say about 75 to 80%
of your trade should have been taken
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off in terms of profit and leave a small
portion twenty-five to 30% remaining
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to see if you get a much larger range
day because New York could see a much
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Wilder condition where it contains.
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And you may have already seen
four levels traded to just
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inside of the London session
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using the order flow direction
and PD array matrix for specific.
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Utilizing the central bank dealers range.
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When you're shorting the market selling
above the central bank dealers range,
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you count the low of the central bank
dealers range range itself as a level
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or that's level one of four to fill.
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In other words, once we determine what
the central bank dealers range is,
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whatever it's lowest line or the range
that creates the, the, the basis of.
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That consolidation or range, whatever
that lowest figure is, whether you're
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using the Wix low or the lowest close
or open for the bodies, whichever that
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is, that represents the first of four.
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So you would count that as one.
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So you'd be ideally
shorting above that low.
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So when price trades down in your
favor, when you're short, when you
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cross over the central bank, dealers
range low, that counts as one.
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We expect the market to trade down to
four central bank dealers, range lows,
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and let's look at the chart and see
an example and everything we're seeing
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here, you would just reverse for buying.
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So going short here, this will be level
one because you're selling short above
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the central bank dealers range low.
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So when price trades down through
it, that's counting level number.
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Level two level three
and finally level four.
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So there's an example of if filling
the numbers on the basis of the
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central bank dealer's range.
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So now look what he'd done here.
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I've given you a means of looking
for how the daily range is
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fulfilled using pivot points.
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Now with the central bank dealer's
range, which is unique to me.
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No one else does this, but
everyone knows about pivot points.
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Such Mike dealers range.
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We look for that same phenomenon.
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We're looking to sell short above
the central bank dealers range low
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and using the central bank dealers
range of low as your level one.
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And you count down each new standard
deviation of the central bank
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dealers range projected lower.
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Every time you crossed the low
end of that new range, projection
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or standard deviation, that's
counted as one new level.
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And you look for four of those to fill.
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Reversing, this you'd be buying below
the central bank dealers range low.
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And once we get to the central bank
dealers range high, that would be
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counted as level one, and he would
continue to do the stand deviations
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of the central bank dealers range,
projecting it higher, higher, higher,
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stacking it on top of each other.
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And once you get through four other
central, my dealers range highs.
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That's your level four count or the
numbers being filled on the basis
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of the central bank dealers range.
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We'll look to fill four pivots intraday
it'll look to fill for central bank
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dealers, range, projections, or standard
deviations either or can be used.
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Now I already know what you're thinking,
but trust me, I'll answer that question.
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I already know what you're thinking.
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Trust me.
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We'll get to it at the end of
this teaching using the order
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flow direction and PDA rate matrix
for specific bias, utilizing the
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Asian range when you were buying.
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Buying below the Asian range, you count
the high, the Asian range as level
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one of four to fill, expect the market
to trade up for Asian range highs,
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see chart to the left and everything.
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I'm showing you here.
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You're going to be reversed for shorting.
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Okay.
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You see the market making a low here after
midnight candles, opening trades lower.
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Aging range, high Phil, number
one, level number two, level number
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three, level and number four.
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And again, as I mentioned earlier,
in the beginning of this teaching,
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four is just a general rule of thumb.
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It can always go one more level or more
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continuing with our theory
of filling a number.
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Using the order flow direction
and at Ray matrix for specific
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bias utilizing the flout.
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Ooh, we haven't talked about that.
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You're happy utilizing the flout.
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When you are shorting the market shorting
above the flouts equilibrium or 50% of
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the range that creates the flout, you
count the equilibrium of the flower
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00:12:06,310 --> 00:12:08,420
range to the high of the range of the.
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As one standard deviation, the equilibrium
of the flat range to the low of its
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range is counted as one standard
deviation now probably confuse you,
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00:12:18,300 --> 00:12:19,980
but watch it's very easy to understand.
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The total flout range is projected on
the basis of 50% of its complete range.
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And the range is determined between
3:00 PM, New York at midnight and noon.
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So, whatever that range is the
highest high and the lowest low,
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or the highest body open or closed
and the lowest body open or close,
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however way you want to do the range.
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You got to do both of them now because
we always have to factor in the potential
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00:12:43,260 --> 00:12:48,420
error by looking at retail data feeds,
but by using both of them are going
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00:12:48,420 --> 00:12:53,970
to get a good, pretty good idea, but
we take that total range, its entire
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00:12:53,970 --> 00:12:58,110
range from 3:00 PM to midnight, New
York time, whatever that range is.
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00:12:58,995 --> 00:13:02,235
Find out what the middle of it is or
equilibrium, or basically find the
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mean threshold of that total range.
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00:13:04,485 --> 00:13:10,964
What you end up with is two new
ranges, but one of those ranges
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00:13:11,055 --> 00:13:14,594
equates to one other numbers
that would be used for flout.
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00:13:16,395 --> 00:13:21,135
You expect the market to trade down
for flout ranges in the form of a low.
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00:13:21,435 --> 00:13:27,344
So once you project the
flout down, one, one new low.
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Of its range divided in half that
constitutes level one, a four
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00:13:31,844 --> 00:13:34,574
numbers to fill for the day and
the, see the chart to the left.
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00:13:34,574 --> 00:13:36,675
And you'll see what I'm referring to that.
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00:13:36,795 --> 00:13:39,435
We're going to come back to flout
again in this month because I'm going
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00:13:39,435 --> 00:13:42,584
to teach everything I know about
it, but everything I'm showing you
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00:13:42,584 --> 00:13:43,604
here, you just reverse for buying.
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00:13:44,385 --> 00:13:47,505
So we have the flout range
determined here between the two
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00:13:47,505 --> 00:13:50,625
blue lines and the shaded boxes.
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00:13:50,625 --> 00:13:51,464
They're a little bit past the.
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The time window, but I'm doing, uh, the,
the first upper most gray blocks in the
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second box below it, the light blue box.
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00:14:02,175 --> 00:14:04,485
That is the entire cloud range.
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00:14:04,965 --> 00:14:09,194
What I did there is I divided it
in half to create two flout ranges.
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00:14:11,325 --> 00:14:14,085
Price needs to be selling short.
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00:14:14,145 --> 00:14:16,845
If you're going to be bearish,
you have to sell short above the
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00:14:16,845 --> 00:14:18,855
equilibrium of the flout total.
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00:14:20,010 --> 00:14:25,470
Or in the upper most portion of that
flat range or the gray box here as an
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00:14:25,470 --> 00:14:32,460
indicator with an arrow price trades
down to level one, which is the new
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00:14:32,790 --> 00:14:36,870
flout range low, or basically the
lower half of the total flat range.
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00:14:37,380 --> 00:14:38,220
That's level one.
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00:14:38,700 --> 00:14:42,990
If we were bullish and we were buying
below the equilibrium of the total flat
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00:14:42,990 --> 00:14:47,280
range between 3:00 PM and 12:00 AM, New
York, we will be buying below equal.
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00:14:47,280 --> 00:14:47,370
Right?
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00:14:48,180 --> 00:14:53,160
And using the high of the flout
range as level one or the first of
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00:14:53,160 --> 00:14:54,360
four numbers to fill for the day.
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00:14:54,390 --> 00:14:57,390
And you'd just keep projecting
half of the flouts total
228
00:14:57,390 --> 00:15:00,300
range as a new number to fill.
229
00:15:00,870 --> 00:15:01,110
Okay.
230
00:15:01,110 --> 00:15:03,600
So you're not projecting
the entire flout ranger.
231
00:15:03,690 --> 00:15:06,180
You're actually projecting and
doing standard deviations of
232
00:15:06,180 --> 00:15:09,840
50% of the range between 3:00
PM and midnight New York time.
233
00:15:11,640 --> 00:15:15,420
You see the respective level
two or second number two.
234
00:15:16,425 --> 00:15:18,495
Which is the third flout range low.
235
00:15:19,094 --> 00:15:25,655
The fourth low of the flat range is
actually number four of the range.
236
00:15:27,094 --> 00:15:33,905
And the final fourth is seen with
the fourth number in the daily
237
00:15:33,905 --> 00:15:37,474
range numbers to be filled in,
obviously projected one more time.
238
00:15:37,474 --> 00:15:41,045
Cause like everything else we've
shown here for is just a general rule.
239
00:15:42,490 --> 00:15:45,069
It goes down to a fifth level,
actually nail in the very low.
240
00:15:45,699 --> 00:15:49,329
And this is a pound yen chart
just for you guys to like the
241
00:15:49,329 --> 00:15:53,319
trade dues, exotic payers, uh,
this stuff works on there as well.
242
00:15:56,650 --> 00:16:01,210
And I already know what you're
thinking, Michael, which one do I do?
243
00:16:01,240 --> 00:16:02,530
Do I use the pivots?
244
00:16:02,560 --> 00:16:04,180
Do I use central bank dealers reins?
245
00:16:04,180 --> 00:16:05,410
Do I use the agent range?
246
00:16:05,800 --> 00:16:07,090
Do I use the flout?
247
00:16:10,480 --> 00:16:13,750
Well, when it comes to considering
which numbers to fill, you have to
248
00:16:13,750 --> 00:16:15,550
consider the fact that we never know.
249
00:16:15,940 --> 00:16:19,630
You never know for certain
before the day begins.
250
00:16:19,660 --> 00:16:21,880
What if this is going to use
to fulfill its daily range?
251
00:16:22,570 --> 00:16:27,190
I never know that, but I look at
London's trading going into New York.
252
00:16:27,820 --> 00:16:30,520
By the time we get to New York,
you'll get some greater insight.
253
00:16:30,730 --> 00:16:33,580
So we get closer to the
truth as the trading day.
254
00:16:35,219 --> 00:16:37,800
The New York session will generally
provide the measurements if
255
00:16:37,800 --> 00:16:41,069
the is presently using for the
engineering of the daily range.
256
00:16:41,370 --> 00:16:42,300
So what do I mean by that?
257
00:16:42,870 --> 00:16:47,040
Well, we know we have a few different
things here at our disposal for
258
00:16:47,040 --> 00:16:49,800
determining where price will
go for the daily higher, low.
259
00:16:50,250 --> 00:16:53,640
If we're bullish, we're wanting
to see how far it will deliver
260
00:16:53,640 --> 00:16:56,490
price on the upside by itself.
261
00:16:57,585 --> 00:17:00,375
These ranges and these
projections don't mean anything.
262
00:17:00,735 --> 00:17:01,725
They don't mean anything at all.
263
00:17:02,145 --> 00:17:06,045
But what we look for is confluence
is between one or possibly more of
264
00:17:06,045 --> 00:17:09,855
the tools that we outlined in this
teaching for measuring these four
265
00:17:09,855 --> 00:17:14,295
levels, coupling these with the
present trading environment, time of
266
00:17:14,295 --> 00:17:18,525
day, direction, and PD rate matrix,
you will unlock the daily highs.
267
00:17:19,905 --> 00:17:22,454
Now you've seen me do this
several times in the mentorship.
268
00:17:22,454 --> 00:17:25,635
And when, before we did the mentorship,
I was actually calling daily highs
269
00:17:25,635 --> 00:17:28,725
and lows and I'd get with him one or
two pips, many times rate to the PIP.
270
00:17:29,745 --> 00:17:30,824
How I do that.
271
00:17:31,544 --> 00:17:36,405
I don't know that for certain at the
London open, I don't know that some of the
272
00:17:36,405 --> 00:17:38,774
folks that are in the free members group.
273
00:17:38,955 --> 00:17:39,135
Okay.
274
00:17:39,915 --> 00:17:40,635
Yeah, follow me.
275
00:17:40,635 --> 00:17:41,985
It has never made it to our mentorship.
276
00:17:42,555 --> 00:17:46,935
They think that I'm superhuman and I do
this on a daily basis and that's not true.
277
00:17:47,055 --> 00:17:49,995
Obviously you've seen, that's not
the case, but there are certain
278
00:17:49,995 --> 00:17:54,435
times when I feel an unction about
where the market's going and when
279
00:17:54,435 --> 00:17:56,145
I'm showing you how it works.
280
00:17:57,195 --> 00:18:00,135
Real time and giving you examples
like we did with the Euro this week,
281
00:18:00,615 --> 00:18:02,235
uh, what they want to nine 30 level.
282
00:18:02,445 --> 00:18:05,685
I was off by five pips there,
but nonetheless, it went up there
283
00:18:05,685 --> 00:18:07,185
with, uh, with a great deal.
284
00:18:07,185 --> 00:18:07,515
Ease.
285
00:18:08,715 --> 00:18:13,905
The level was determined
by using these ideas.
286
00:18:14,805 --> 00:18:17,595
Now I don't show you everything on
my chart because invariably, like
287
00:18:17,595 --> 00:18:20,235
I showed you here, there's probably
a thousand questions already going
288
00:18:20,235 --> 00:18:21,375
through your mind about the flat.
289
00:18:22,065 --> 00:18:22,905
What was that again?
290
00:18:22,965 --> 00:18:25,275
The range that we divide
this, do we divide that?
291
00:18:25,335 --> 00:18:25,995
What are we projected?
292
00:18:26,880 --> 00:18:28,710
I already know you're going to have
a million questions about flap.
293
00:18:29,160 --> 00:18:32,610
So just understand that we're
going to teach in detail the flour,
294
00:18:32,670 --> 00:18:36,630
and I'm using it here as a segue,
going into more teachings about it.
295
00:18:36,630 --> 00:18:41,700
But we used flout central bank dealers,
range, Asian range, and pivots for
296
00:18:41,700 --> 00:18:45,390
looking to fulfill the daily range or
filling the numbers as it's called.
297
00:18:46,860 --> 00:18:48,389
So, how do you use all this information?
298
00:18:48,420 --> 00:18:51,870
Well, what you do is is you, you
determine number one, where price should
299
00:18:51,870 --> 00:18:54,389
be reaching based on the PDA matrix.
300
00:18:54,670 --> 00:18:57,600
Remember we've already determined
based on institutional order flow on
301
00:18:57,600 --> 00:19:00,389
a daily and four hour, where price
is going to go higher or lower.
302
00:19:01,230 --> 00:19:05,520
If price is respecting a premium
PD array on a daily or four
303
00:19:05,520 --> 00:19:07,920
hour, we're going to anticipate.
304
00:19:08,715 --> 00:19:14,925
Price rallying up at new York's
Midland candle or thereafter that
305
00:19:14,925 --> 00:19:20,505
rally up that protraction every market
state is the Judas swing where using
306
00:19:20,505 --> 00:19:23,295
some measure of standard deviation.
307
00:19:23,355 --> 00:19:28,935
One of the fours has been shown here
either by way of general pivots central
308
00:19:28,935 --> 00:19:34,335
bank dealers range, Asian range, and
now the flout we use those projections.
309
00:19:35,930 --> 00:19:38,330
For a basis of how far price can go down.
310
00:19:39,080 --> 00:19:42,470
Now, we don't know how fast the
price is going to be delivered
311
00:19:42,740 --> 00:19:43,580
across the daily range.
312
00:19:43,600 --> 00:19:47,690
In other words, London can be 80%
of the daily range and then the
313
00:19:47,690 --> 00:19:48,860
rest of the day just goes quiet.
314
00:19:49,760 --> 00:19:50,900
It's been done before.
315
00:19:51,470 --> 00:19:53,330
Sometimes London doesn't do much at all.
316
00:19:53,330 --> 00:19:56,420
And finally, the movie takes place
in New York and all the range
317
00:19:56,420 --> 00:19:59,690
has completed from seven o'clock
in the morning to London close.
318
00:20:01,280 --> 00:20:02,510
We don't ever know that.
319
00:20:04,379 --> 00:20:08,429
What we do is we project these
measurements across to all four of them.
320
00:20:08,429 --> 00:20:11,010
We go through, and this is the work
that you do throughout the day.
321
00:20:11,429 --> 00:20:15,179
You don't look at your chart, blindly, I'm
doing measurements, I'm looking at things.
322
00:20:15,659 --> 00:20:17,979
I'm having Cody going back and forth
between different charts, because
323
00:20:17,979 --> 00:20:22,379
I want to see what the measurements
are that overlap and converge with.
324
00:20:22,830 --> 00:20:26,070
In this case, if we're looking to go
short, I'm looking for some measurement
325
00:20:26,100 --> 00:20:32,370
of a discount PD array on a daily or four
hour, that would line up with time of day.
326
00:20:33,875 --> 00:20:40,375
And the standard deviations that we use
respectively with either the central bank
327
00:20:40,375 --> 00:20:47,885
dealers ranks flout or Asian range and or
four levels on the, uh, the pivot points.
328
00:20:50,345 --> 00:20:53,855
Eventually throughout the morning,
you're going to come to a conclusion
329
00:20:53,855 --> 00:20:56,495
where you can narrow down exactly
where price is most likely.
330
00:20:57,825 --> 00:21:00,885
The worst case scenario is going
to be that you're going to see
331
00:21:00,975 --> 00:21:02,475
it go further than you thought.
332
00:21:02,805 --> 00:21:03,495
And guess what?
333
00:21:03,735 --> 00:21:07,725
That's why you leave a little piece of
a position on because you can be wrong
334
00:21:07,785 --> 00:21:09,075
and it could be in your benefit to be.
335
00:21:13,660 --> 00:21:17,020
And when you're bullish, uh, we're
looking for some measure of a move
336
00:21:17,020 --> 00:21:21,610
lower obviously, and some measure
of standard deviation that we adopt.
337
00:21:21,660 --> 00:21:22,540
We go through all of them.
338
00:21:22,540 --> 00:21:25,600
We're not just picking our favorite
ones, not the are, you know, this is
339
00:21:25,600 --> 00:21:28,960
an, I understand central bank dealer's
range, or I understand the Asian range.
340
00:21:28,960 --> 00:21:29,740
I'm going to stick to that.
341
00:21:29,770 --> 00:21:31,000
No, you don't want to do that.
342
00:21:31,150 --> 00:21:33,730
If you already started thinking yourself,
well, this is getting too complicated
343
00:21:33,730 --> 00:21:36,040
for me, then you need to dig into.
344
00:21:36,945 --> 00:21:40,304
And really due to work
a falling and do this.
345
00:21:40,425 --> 00:21:41,774
It doesn't take long folks really.
346
00:21:42,044 --> 00:21:45,104
I mean, if you, if you're falling 28
pairs, obviously you're, you're going
347
00:21:45,104 --> 00:21:48,794
to want to not do this, obviously,
but we teach in this mentorship
348
00:21:48,824 --> 00:21:49,955
that you want to be a specialist.
349
00:21:50,054 --> 00:21:53,955
You have one really good pair that
you like to trade all the time and
350
00:21:53,955 --> 00:21:55,364
a secondary that goes well with it.
351
00:21:55,364 --> 00:21:58,905
Maybe it's in concert with it or
trades in a close correlation with it.
352
00:21:59,024 --> 00:22:01,304
Like I teach the trade
with the cable and fiber.
353
00:22:02,430 --> 00:22:05,700
I'm not forcing you to be those types of
traders, but there's other pairs you can
354
00:22:05,700 --> 00:22:11,700
trade that are closely correlated and you
keep me in Aussie for instance, but by
355
00:22:11,700 --> 00:22:17,250
using these measurements, we can determine
how, if they will fill the numbers
356
00:22:18,300 --> 00:22:20,280
on their respective characteristics.
357
00:22:20,310 --> 00:22:25,530
Each one has obviously, uh, a certain
measure of overlap, but when it comes
358
00:22:25,530 --> 00:22:29,340
to flout, that range between 3:00 PM and
midnight, you have to divide and enhance.
359
00:22:30,360 --> 00:22:33,480
The highest high and the lowest
low, you divide that in half and
360
00:22:33,480 --> 00:22:34,649
find the equilibrium price point.
361
00:22:34,920 --> 00:22:38,550
You end up with two flat ranges
there to go short using flat.
362
00:22:38,550 --> 00:22:41,399
You must be entering short above
the equilibrium of the total flat
363
00:22:41,399 --> 00:22:45,659
range, and then use the flat range
low as your first number of one
364
00:22:45,659 --> 00:22:46,860
to four to be filling for the day.
365
00:22:47,760 --> 00:22:51,060
If you're going long using
flour, you have to be buying the
366
00:22:51,060 --> 00:22:52,200
low equilibrium of the flour.
367
00:22:53,010 --> 00:22:56,220
Total range between three and
12 midnight am New York time.
368
00:22:56,790 --> 00:22:58,139
And then using the flour total.
369
00:22:59,085 --> 00:23:01,274
Hi as level one of the first count.
370
00:23:02,355 --> 00:23:04,784
And you do that for four
without projections and the
371
00:23:04,784 --> 00:23:05,655
projections are standard.
372
00:23:05,655 --> 00:23:09,105
Deviations are basically
50% of the total flat range.
373
00:23:09,435 --> 00:23:11,355
You do not use flats, total range.
374
00:23:11,865 --> 00:23:12,225
Okay.
375
00:23:14,175 --> 00:23:17,085
And by doing this folks, what you end
up dealing is, is you're, you'll be
376
00:23:17,085 --> 00:23:24,225
buying after some measure of protection
below the, obviously the, uh, the
377
00:23:24,225 --> 00:23:25,845
Asian range low would be the ideal.
378
00:23:27,199 --> 00:23:30,320
But you'd be looking for those
projections to overlap with time
379
00:23:30,320 --> 00:23:33,980
of day and a premium PD array.
380
00:23:34,820 --> 00:23:38,449
And by doing that, you blend those
two things together with time of day.
381
00:23:38,449 --> 00:23:39,860
How much time do you have left in a day?
382
00:23:40,100 --> 00:23:43,070
Does it have time to get up to
these projections and you keep
383
00:23:43,070 --> 00:23:47,300
stacking them on and you ended up
getting the daily highs and lows.
384
00:23:47,300 --> 00:23:51,290
Like I've been shown many instances
of over the last few years.
385
00:23:52,320 --> 00:23:55,170
But this teaching is exactly how I do it.
386
00:23:55,800 --> 00:23:57,870
There's no secret sauce outside of this.
387
00:23:58,050 --> 00:24:00,450
Here's a couple little things I got
to teach you about flour for the rest,
388
00:24:00,450 --> 00:24:05,010
through the teachings of this month,
but you'll know everything I do when it
389
00:24:05,010 --> 00:24:08,310
comes to picking a daily highs and lows,
because you need that for day trading.
390
00:24:08,640 --> 00:24:10,740
You need to know how far that
daily range is going to go.
391
00:24:11,220 --> 00:24:14,850
If you don't have those things at
your disposal, no one a day trading
392
00:24:14,850 --> 00:24:17,220
is hard for everyone because they
don't know what you're doing, but
393
00:24:17,220 --> 00:24:19,830
we can narrow down to precisely.
394
00:24:20,760 --> 00:24:24,690
Entry points and precise exit points
and know with a great deal of certainty.
395
00:24:25,320 --> 00:24:28,920
Once a little bit of a trading range
has been posted through London.
396
00:24:29,400 --> 00:24:32,460
You get a greater feel for where
it's going to reach for, and then
397
00:24:32,460 --> 00:24:35,040
you start incorporating things
like average daily range, which
398
00:24:35,040 --> 00:24:36,270
we'll also incorporate this month.
399
00:24:37,094 --> 00:24:38,504
When they overlap also.
400
00:24:38,625 --> 00:24:40,844
Wow, you got dynamite in a bottle.
401
00:24:40,875 --> 00:24:44,985
It's amazing how fast you can get
really precise about your entries
402
00:24:44,985 --> 00:24:48,675
and exits and have the lines portion
of the daily range at your disposal
403
00:24:48,975 --> 00:24:50,685
and take down those trophy buck wins.
404
00:24:55,435 --> 00:24:58,375
No, obviously blending several
of these concepts together.
405
00:24:59,215 --> 00:25:03,445
You'll get a confluence of amazing.
406
00:25:06,445 --> 00:25:07,855
This week, we mentioned towel.
407
00:25:08,395 --> 00:25:14,575
The low was most likely forming
on Thursdays, New York open as
408
00:25:14,575 --> 00:25:17,455
price traded down below sell stops.
409
00:25:17,695 --> 00:25:22,044
Debts were outlined on our charts
and outlined in great detail.
410
00:25:22,075 --> 00:25:26,215
In fact, it did that ahead
of the news at eight 30.
411
00:25:27,355 --> 00:25:30,985
And I mentioned that that was most
likely going to be problematic and
412
00:25:30,985 --> 00:25:31,975
we were probably making the loan.
413
00:25:33,420 --> 00:25:36,270
That's actually forming
the bullshitter block.
414
00:25:36,280 --> 00:25:40,920
That's been delineated here on
the chart going in the Friday.
415
00:25:41,670 --> 00:25:46,530
You see, we had market moving into
a small consolidation and price
416
00:25:46,530 --> 00:25:50,130
dropping down after midnight,
which is four GMT on four XLT.
417
00:25:50,130 --> 00:25:56,670
These platform by looking at
price like this, you see it trade
418
00:25:56,670 --> 00:25:58,560
back down below the Asian range.
419
00:25:58,590 --> 00:26:00,990
Now those it didn't go below
the age range much at all.
420
00:26:01,470 --> 00:26:01,860
It doesn't have.
421
00:26:03,665 --> 00:26:08,945
Trade into the Asian range, low and a
discount PD array, bull, shorter block
422
00:26:12,075 --> 00:26:15,765
price, moved away from that and was
consolidating in the New York session.
423
00:26:16,485 --> 00:26:21,105
When we were alive with one another, I
stayed that we would probably see one to
424
00:26:21,105 --> 00:26:26,265
nine 30 as a daily high, because there
was a fair value gap at that price range.
425
00:26:27,105 --> 00:26:30,425
What you didn't see on my other
charts was this information.
426
00:26:31,760 --> 00:26:37,550
We had, calling for one to 9
33, and I teach that we want
427
00:26:37,550 --> 00:26:38,810
to get out ahead of that.
428
00:26:39,290 --> 00:26:42,830
And what's the nearest round
number before that 1 0 9 30.
429
00:26:43,729 --> 00:26:46,219
It traded to ultimately 1 0 9 35.
430
00:26:49,120 --> 00:26:54,040
The likelihood of you finding this
information across the internet or going
431
00:26:54,040 --> 00:26:58,419
into other people's work using pivot
points, maybe once in a while, you'll get
432
00:26:58,419 --> 00:27:00,340
something overlaps and they'll do okay.
433
00:27:01,065 --> 00:27:03,885
Yeah, Fibonacci this and Fibonacci
that, and you might get once in
434
00:27:03,885 --> 00:27:09,345
a while you get a good trade,
the pivots are no magic number.
435
00:27:10,305 --> 00:27:13,365
We use them for how far
the range will expand.
436
00:27:14,775 --> 00:27:18,975
I don't use them so much for
entries, but I do use them in the
437
00:27:18,975 --> 00:27:20,385
context that's been shown here.
438
00:27:21,825 --> 00:27:27,585
When I'm looking for the numbers to fill,
I'm looking for four of them, four levels
439
00:27:28,065 --> 00:27:29,325
either by central bank dealers, right.
440
00:27:30,195 --> 00:27:37,305
Standard deviations, Asian range,
sustainer, deviations, flout, 50%
441
00:27:37,305 --> 00:27:39,645
of that range divided in half each.
442
00:27:39,645 --> 00:27:42,495
One of that makes up a new
flat range, standard deviation.
443
00:27:42,705 --> 00:27:51,405
I look for, for those, or I look for,
for pivots, again, as I stated at the
444
00:27:51,405 --> 00:27:54,495
beginning of this mentorship, it's
going to require you to be thinking.
445
00:27:55,695 --> 00:27:57,435
With this stuff, that's
being taught the end.
446
00:27:57,975 --> 00:27:59,235
We're in the meat of it now.
447
00:28:00,105 --> 00:28:02,495
So you have to put some work behind it.
448
00:28:02,495 --> 00:28:06,075
You just can't simply put these things
on your chart and they just speak to you.
449
00:28:06,795 --> 00:28:07,034
Yeah.
450
00:28:07,034 --> 00:28:10,575
There's no, there's no download that
takes place just because it's on your
451
00:28:10,575 --> 00:28:13,695
chart, you have to think, and you
have to do a little bit of work and
452
00:28:13,695 --> 00:28:15,524
do measurements throughout the day.
453
00:28:15,555 --> 00:28:16,514
It's not easy.
454
00:28:17,625 --> 00:28:21,075
It requires some work and effort,
but when you put the effort in you
455
00:28:21,075 --> 00:28:23,955
get amazing blue ribbon results.
456
00:28:24,765 --> 00:28:25,665
And that's what you're looking for.
457
00:28:25,675 --> 00:28:29,175
You signed on with this mentorship
to see how I do these things.
458
00:28:29,235 --> 00:28:33,315
You see me doing them, and now you're
seeing how I get to that information.
459
00:28:33,795 --> 00:28:34,875
But here's the main thing.
460
00:28:36,345 --> 00:28:41,655
If the markets do not move and have
volatility, you cannot get precision
461
00:28:42,165 --> 00:28:43,665
because there has to be displacement.
462
00:28:44,025 --> 00:28:47,145
Look at that nice move we saw in New
York session exploded out like that.
463
00:28:48,855 --> 00:28:49,655
That's what we need.
464
00:28:50,760 --> 00:28:53,879
When price gives us that,
then I'll show you this mojo.
465
00:28:54,780 --> 00:28:56,939
And until next time I wish you
good luck and good trading.
41916
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