All language subtitles for Monday May 01, 2017 EN

All right, folks.

Good morning.

Welcome back.

New month, new lessons.

So, uh, before we get into it,
I have a couple of things I'm

mentioned on a personal note that
will affect our schedule slightly.

Um, so I want you to be made aware
of it so that you're not mad at me.

If a we're not as active the latter
portion of this particular week,

we're in now, but it's unavoidable.

So, um, as you know, I have five children
and one of them, I have to have a personal

thing done with them and I, we have to
leave this state to take care of it.

So it's not life-threatening
or anything like that, but it

is required for us to go there.

So we have to go down into
Georgia to take care of something.

So depending upon the outcome, I may
be there all the way till Monday.

Uh, we have to leave
here Wednesday evening.

And it'll probably impact me in
terms of live sessions, but I can

give you content and things to work
with through, you know, through the

remainder of Thursday and Friday.

Um, we may be a delayed start on Monday
and we'll be probably like a nine

o'clock session on Monday morning,
even if I'm delayed and kept there.

But Tuesday we will be absolutely, you
know, on normal schedule next week.

So again, I don't want you to be
alarmed that, you know, oh no, I'm not

doing what I'm supposed to be doing.

I just want to make you aware that
we will have live sessions today.

We'll have a live session
on Tuesday and on Wednesday.

Um, I gotta get with my wife today.

Find out exactly what time
we're leaving out of Maryland.

Start heading down there.

So, uh, we have to be there
at 10:00 AM Thursday morning.

So, um, it's an all day procedure
for him and whether or not.

They see anything that needs to be done
beyond that we'll know them, but, uh,

they assure me that it shouldn't be
anything longer than, uh, the weekend.

It may have to do an observation.

They're checking him for a sleep
apnea and some other things

that may be going on with him.

So that's the business with that.

So if you don't mind, keep us in prayer.

I appreciate that.

So, right.

Um,

yeah, I can send some tweets.

I'll worry.

You guys I'll be ANSI probably
the whole time on down here.

So just be aware.

All right.

So again, uh, we did a new outline
for this, this month content.

So you can get an a and get a feel
for what we're gonna be looking at.

I'm going to go into greater
detail with day trading.

Um, and obviously for scalps, you're going
to have a lot of drills every single day.

I'm going to give you something to work.

Every single trading day, I'm going
to give you something up the outline

and work within in terms of intraday.

And I want you to also reflect on
each one of them, how they could have

been used for a longer-term setup.

Some of them won't be, but
some of them will be okay.

Um, the first two weeks of this month will
be more interactive than you ever had.

And in the second half is literally,
you're going to have to copy

everything I'm doing verbatim.

So that means where I put my
entry in, where I put my stop

at, where I take my target.

You need to do the same
thing in your demo account.

Okay.

So we'll be a lot more
busier than we have ever had.

I'm closing the entire Forex
portion of our teachings close in

this month, except for the little
nuances that I do in August.

You're going to have everything with
timing entry, all that business.

It ends this month here, and next month,
we're going to be doing the commodity.

Day trading the S and P 500 and, uh,
the bond, um, and the stock stock each

week, we'll have that broken down.

And it'll also use the commodity stuff in
conjunction with what you know, in Forex.

And I think July is mega trades
where we go through how to find

the big setups for each year.

And in August, we do the templates
for a PDF files, all the flow charts.

It leads to what you should be doing.

The main one, this, uh, this month
is the last one, less than eight.

You're going to get exactly what
I do every single trading day.

And I'm going to say.

With the actual of doing it.

So the lesson itself
won't be like a PDF file.

It won't be like slides
and all that sort of stuff.

It's actually going to be me.

Okay.

Here's a live session and
this is what I start doing.

I go through all of the stuff.

I go through all my charts.

I show you what my charts look like.

You know what I'm looking for for
information to determine what my daily

bias is going to be, what I'm eating
for, what frames are set up, what

template am I using for that week?

All that business.

So it's a lot of stuff you'll have to pay.

You have to pay a lot attention to
that one in terms of just watching the

video, there would be a way for me to
not believe me, I've thought about how

I could do it, but this is too much
work for me to create PDF slides for it.

The video itself will be
pretty much self-explanatory.

All right.

So that's the business.

Um, today's economic calendar, as you
see here, uh, we have a 10 o'clock

high-impact ism number coming out,
and then we have 10 45 treasury

secretary speaking, apart from that.

Pretty quiet, nothing terribly exciting.

I see the core price index and personal
spending that might cause a little

flutter in the marketplace, but I think if
anything happens, it's going to be at the

10 o'clock hour to 10 o'clock and 10 15.

So let's go over to charts real quick.

Okay.

And we'll come back to Aussie in a minute.

I want to start with a dollar.

Okay.

So dollar still on its trading range.

Since we got down last Sunday, um, hasn't
really found its way out of this range.

Now I have a small little
fair value gap outlined.

Let me get this over here.

And we have a short-term loan now.

We've already went below the short term.

I would have rather seen it come
down and hit this close or that

little bit of remaining gap.

Then I would expect a little bit of a pop.

I was looking for this type of move.

After hitting here, it didn't hit it yet.

Doesn't mean it can't come down and hit.

And then one more time, but
there's a large pocket of by stops,

resting above last week's high.

And I noted last week during the chart
recap, the levels I was looking for,

which was mid gap and full gap closure.

So that's the idea I'm looking for it.

Should we get up here now?

I'm not trying to call the, uh, the move
I'm looking to see if it shows it today.

If it gives us signs that it wants to turn
around and start making a run, that'll

give framework for the remainder of the
week, certainly for Tuesdays on an open.

So, um, let's go back in here.

We're gonna be looking at this candle
now again, it's going to look different

on yours, but just follow along in
the forks LTD demo, and then find out

what that candle is on your respect
of timeframe and your own platform.

So you can study on your life, eat.

But this is the gap closure I was
expecting for this morning to see

a potential New York reversal and
maybe me run for moments high.

And then these equal highs up
here, large pocket of by stops,

resting just above these highs.

So we'll have that under our
microscope today to see what happens

again in that rushing new month now.

So we'll see, uh, a lot of sentiment
ideas, which is one of the first

lessons you're going to get your a pound

forgot.

The cell stops.

And boy here closing the gap.

It's still a bit sideways.

I think that, uh, this is probably going
to stay in a range for a few more days,

at least probably up until Wednesday.

Um, and with that being the
case, we may see symmetrical

trading with Euro and cable.

It means they may be trading the
same direction, which is always fun.

You're a dollar.

We had a little bit of a movie.

It would have been nice to see,
come down here and take out this

New York session low, but it didn't,
it didn't quite get there today.

So again, it's a little bit of
a consolidation date looking

for buy stocks and sell stocks.

Respectively crossed the pears.

The exercise I gave you as homework
to look for a buy scenario, assault

scenario, and one word it failed using
the zero GMT starting opening price.

I haven't gone to the form yet,
so I'll be there this evening.

So once I get done with the chart index
today in the daily recap, then I'll spend

this evening going through it and, uh,
checking out what everyone has posted.

But we also had one in Aussie dollars.

I'm going to outline.

So this is gonna be like, My
version of have shown where one

did work, then I'm going to give
you another one for the sell side.

And then I'm going to show you where one
of them failed, which I was watching,

but there'll be in the recap today.

So my account, my homework contribution
to last month's lesson will be

in today's daily recap, but I'll
give you the buy-side one today.

It's an Aussie the, uh,

yeah, the Euro.

I think it's going to stay sideways
as well, you know, in conjunction

with, uh, the Euro pound and the
dollar index until the dollar index

either takes out convincingly the
fair value gap on the downside, or

takes out the intraday high here.

We're going to be without direction.

So we can probably trade in a
range defined by London's high and

this fair value gap until that is
breached one side or the other.

It doesn't make a difference to me.

If we go down below, then we're
going to take to sell stocks.

So that give us a low, low, low
resistance loop liquidity run for

an intraday scalp scenario for that.

Or if we break on his height, that'll
give us a bullish or block to retrade

back into, and then see expansion go
to the buy stops above the equal highs.

And it may be hold a little
piece on for the gap closure.

That's the two scenarios I'm
looking for for dollar in terms

of in the analysis and how that
relates to the foreign currencies.

Obviously, you know what that means.

If we below the fair value gap and
we're reaching out here, that's

bullish for foreign currency.

You're in cable.

If we reach up here taking out lemons
high, that means it's going to be

bearish for foreign currencies,
your cable and Aussie dollar cable.

Similar thing.

I'm watching this gap up here.

We left equal highs here just
in a recent market action.

I think personally that we have
capitalized some buys here off this order.

Block this over block scene buying here.

We left equal highs.

So they're letting biceps fill here.

And have this got closure idea
that could happen that may see

prices shoot up into that level.

I don't see a bind to do it.

All I'm wanting you to do is
observe and see what happens.

Dollar CAD, similar scenario,
sideways consolidation, new

month, put this in your notes.

This is a notebook, a
highlight every new month.

The first Monday and Tuesday of that
new month can be very, very dicey.

It can be consolidated.

You don't know what is going to happen.

Those first two trading days when
a month is always starting on

a Monday or Tuesday, generally,
that also will be a general theme.

We always expect a Monday to be
somewhat of a consolidation or maybe

a immediate run to a stop level.

We would give you the Judas swing
idea for the week or new months.

Treat it as like an Asian.

Okay, where we expect consolidation expect
Monday and Tuesday, or at least the first

portion of Tuesdays London open going
into New York open on Tuesday, New York

time that can generally be consolidation.

So if you're not careful in that
consolidation, there may be a particular

price swing that may set you up,
expecting a continuation on the upside.

And that will be the false
move of the week, which also

sets the tone for the month.

So always be careful and don't be in
a rush just because it's a new month.

Don't be in your China.

Get excited about taking
a set-up on a Monday.

If it starts a month or Tuesday, if
it starts them up because they can

end up becoming many times a very
unprofitable day where it may look

like you see a set up there, but
at this goes into consolidation.

So basically in summary, in layman's
terms and make it very clear and easy

for you in terms of market profile.

When a month starts a brand new month
starts, if it's a Monday or Tuesday,

those days tend to be consolidation
or the days where it just goes up and

down, up and down, and it keeps hovering
back to the middle of the range.

What it's doing is it's building okay.

Allowing the float to build up
above and below the marketplace.

And when that takes place and builds
up enough orders, they'll then make an

attack towards where the most money is.

And that's generally
what you're going to see.

So always have it.

Every time we start a new month, if
it starts on a Monday or Tuesday,

those days tend to be classic XE
days or narrow consolidation days

where don't rush it, just wait for
them to put in their price action.

And the very next day, in this case, it
would be Wednesday, but we'll have ideas

going into London session tonight also,
regardless of what transpires, because

we're going to be doing scalping now.

So there's always something to work with.

But because it's scalping going to make
sure I keep this in the recordings that

we know the tone of the entire month
London session will always be prerecorded.

I'm going to give you outlines.

I'm looking for, okay.

And I'm also going to start giving you
charts that come by way of the eight

o'clock hour, my time in New York.

So you're on an agent time.

You're going to start getting
posted charts on all the pears

and what the outline would be.

If you're avoiding getting up and waiting
for London, this is how you would play it.

When you get up.

If you want to be up for London,
you're going to have that video

given to you between 1230 and
one o'clock in the morning.

So it'll be a prerecorded session.

So that way everybody has the information.

At one time, I'm not staying up all night
long and I can do my own set ups too.

And we can re you know,
review the outcome.

New York session.

Every single day will be a live
session with the exception of

what I said later on this week.

And then we also have.

Um, the second half of the month, I'll
be back with you again, during the

London session, we're going to spend
the entire London session together.

So last two weeks of this month, I will
be with you the entire London session.

And then I'll just do a
prerecorded session for New York.

So I'll leave that.

I'll reverse that schedule.

So again, in submarines, are you
understand what I'm talking about?

The first two weeks is going
to be highly drill oriented.

I'm going to tell you what you should
be doing, and then you need to do it.

Then the second week we'll be
spending the entire London session.

That means from one o'clock
in the morning, okay.

To probably four o'clock in the morning.

Okay.

It'll be a three hour session.

The entire New York session will be
up to you based on what I gave you

in terms of pre-market analysis,
but the London session I'll be with

you and the entire session, both.

Um, I'll show you why I don't
do it on, in session on Monday.

So we're going to be up on Monday.

The last few monies of the month and
the entire week, all we in the Friday.

So you'll have an entire immersion
with me in London session.

So I'll be able to tell you what
scenarios, I think don't unfold.

What profile should unfold today?

What stock runs should be happening?

What's the daily template.

How's it going to work in the weekly,
uh, profile all that business.

So you'll get to see
it I'll think out loud.

Um, I won't be trading live
funds that week, so that way I

can focus on what I'm seeing.

I won't be trying to do two things
at once, so my focus will be

entirely on what you're seeing.

Okay.

So then that way, you know, 100% how I go
into the Forex market, what I'm looking at

London, how I address the whole thing up.

And I use the templates going
in from day by day by day.

And you'll have a, you have a very
jam packed, uh, content field month.

So, uh, like I said, dollar CAD,
this was consolidating as well.

I don't think it's done going up.

I think it's probably going to go a
little bit more higher than this, but.

I don't think we're going to see it today.

I think we're just going to tread
water, go sideways a little bit more.

Would have been better.

Had it gone down below these lows in here.

I felt, um, but it didn't do that.

So we'll see if it wants a
hug, this consolidation in

the range high and low here.

So if we stay in consolidation
going in, today's close around

two o'clock New York time.

Um, that will give us a lot of framework
for the eight o'clock hour tonight,

and also going into London tonight.

All right.

So all the dollars.

Okay.

So this is a framework where you
can see how it worked based on what

you learned last month's content,

and also refers back to the thing I
taught in regard, swing, highs and lows.

I have the daily delineations on, okay.

This is Friday street.

Thursday's trading Wednesdays trading.

So we had Wednesdays low
here, Thursdays low here.

And then I said that we
would probably cap the week.

Wouldn't go lower than
Thursday right here.

And there's your classic New
York capping of the weekly range.

So we had price moving lower, lower,
lower, lower on Thursday in a down week.

New York session tends to cap
the day or the weekly range.

That's why I said in the recording and
live session, whatever it was that this

would probably not see it go lower.

We did come down, hit an
order block, trade off.

I said, we would probably
see 74 90 before the close.

They went to 74 91 and not going higher,
but they would be aiming for the by stops

by stop scene here, here, and now we
also have a fair value gap here, here.

The last month content I gave you
one of the easiest ways to work

with daily ranges and trade entry.

Some of you.

Probably missed the whole point of
it and figured, well, you didn't

give me a lot of charts and all the
examples you gave it basically to

me to go find yet, because that's
where you're going to learn it from.

I can give you all kinds of examples,
but won't change the fact of the

aha moment that comes when you start
looking at it in your own charts.

If we have the low on Thursday
and we anticipated Friday night,

creating a lower low, what does
that create on the daily chart?

Obviously I'm asking rhetorically
because I'm not looking at the

questions you should be saying.

A swing low swing low is a low with a
lower, low, and a higher, low nowhere.

It's one swing low it's one day with
a higher load to the left of it and

a higher load to the right of it.

That's what we're seeing here.

Whenever you see that scenario
in any, any market environment

in any market environment.

If you see that, if you're going to be
a scalper, this is a very, very easy

scenario, very easy to set up, very easy
to reach for and in terms of opportunity.

And it doesn't need daily by.

Okay, because you're creating a swing
low on a hard timeframe daily chart.

In this case, we have a low
on Thursday with a higher, low

here and a higher low here.

So we have that low,
that low in that level.

So those three lows, one being
in the middle most lowest or the

lowest of the three to say that way.

Okay.

That is where we all believe the market's
gonna come back down to that level.

Again, this low here sets
the tone for the signal.

You find the swing high
prior to this higher, low.

In other words, once you have a
low here at you anticipate it.

Once this low starts showing a
willingness to go higher, all you do

is go back to the high prior to it.

And that's seen here.

So you have this high here.

This is your trigger swing.

Forget all this business over here and
over here, that's no longer important.

What you'll look for is the market
that go above this high, which is

what I outlined on Friday's recap.

I said we would probably see
90, I'm sorry, 74 90 traded two.

And they're going to aim for
the buy stocks on Aussie dollar.

So what do you use for this condition?

Well, if you have this in
the market, based on what we

learned in April's content, we
don't need to get up at London.

We don't need to see sit in
front of the charts all day long.

We don't need to worry
about New York session.

All we need to know is
what is the opening price?

Well, if you go over
here, here's our zero.

JMT Forex LTD.

Now again, you need to find out
what that is and your timeframe.

When you start trading on your own, you
decide to do that with a live account.

But right now, while we're teaching
and mentorship, it's always in demo.

So everything I'm saying
here is demo, demo, demo.

Okay.

We have this candle here, the
opening price comes in at 74, 84.

So 74, 84,

in case there's an opening price
already know that they want to

target buy stocks based on my market
commentary last Friday, they're

going to want to take these staffs.

These spy stops here.

The trigger is this swing high here.

You want to see a trade through that?

That's your market structure break.

Only thing you need to know is what's.

The opening price is GMT that's here.

The filter is you can either buy it
at the open and use average daily

range over the last five days.

You can buy below that opening price,
10 to 20 pips below that you can wait

for a move and go low that below it.

And then you can do the
buy there in this month.

I'm actually going to give
you specific trades where it

looks, where you can look at it.

You can see it graphically where
you'll have a template where

you basically look at price.

Is it doing this?

If it's not doing this, then I'm
probably not going to take that trade.

And it really fair it's out all
the days where it could be dicey

because it doesn't work all the time.

You'll see why I don't trade every day
by doing the things that you do and maize

content, not every single trading day
has the opportunity where you want to

put live money on, but there is something
for you to be practicing and testing.

And that way, when you go into the idea
of, I would be a buyer because I want to

be buying, but I don't feel that it's a
strong buy, but I still practice in a demo

account just to keep myself in tune with.

There will be scenarios that you'll be
given this month and specific templates.

There'll be highly detailed charts.

Everything's outlined.

So you know what I'm looking for.

So the actual criteria, what I'm
looking for in these types of

events, it's spelled out for you.

Like it's at nauseum.

I held it out for this one because we're
done all the entries, the techniques of,

uh, you know, taking the entry in either
a long-term short-term swing, trade,

or position trade, all those ideas.

They can mesh really, really well
with this month's content, because

it's also teaching scalping.

I'm teaching how to take
some portion of the move out.

That could be a scouting, it leave the
portions on for the longer position

or simply discounting because it's
not going to be moving around much.

So if you're in a big, long, long term
retaliation environment, like we're

at right now, you'll just be in here.

It'd be like, uh, you know,
salad days for you being here,

taking all kinds of setups.

I'm not trying to teach
you to be 15 trades a day.

You're still going to be looking
for one or two tops, maybe three on

certain conditions, but generally
two trades intraday per day.

Once in London, once in a New York
and maybe something in New York

clothes, they set you up for a mood
going into Asia, into Franklin.

But again, you'll learn all that.

But the criteria is if we simply buy
at the opening prices, you're GMT.

Why are we doing that?

Because we anticipate that by
stocks, like what you said on

Fridays, closing comments, the biceps
above here, the biceps above here.

We got a fair value gap in here.

That's not mentioned here,
but we have this one here.

So if we're buying, we want to be
buying near the low of the daily

range or just below the opening price.

So if you're looking at, let me
ask you this, how many of you are

available during eight o'clock
New York time for five minutes?

So majority, I haven't
seen anybody say no yet,

so yeah.

I mean, this is a really okay.

I got one though.

All right, Jackie you're
you're out of here now.

So you had to ruin it.

Didn't you had to go and
screw up the record now.

Anyway.

It's okay.

Um, that's it's an immediate rejection.

All right.

So at eight, 8:00 PM, New York time, all
you need to do is just set your alarm.

If you can't be a, what if you can't be
awake at that time to set your alarm,

to wake yourself up around 7 45 New
York time, and then wait for what the

opening price is at eight o'clock,
whatever that opening price is, what

we teach you with market sentiment this
month, and how to determine whether

you're going to be buying or selling.

It removes all of the chain
yourself in front of them.

The monitors.

If you remember back in
the free tutorials I did.

Okay.

The very first lesson.

What's how everybody thinks that
they gotta be sitting in front

of the charts all day long.

And look what we've
done in the mentorship.

You know, pretty much we force
ourselves in front of the charts a

whole lot more than it's necessary.

So has it proven fruitful?

No.

I'm telling you it doesn't do it.

You need to know what you're looking for
and what time it's going to occur there.

If the will work like clockwork is not
ambiguous, it's not, well, I wonder

if it's going to happen today or if
it's going to happen at this time, you

know exactly what you're looking for.

You know, there's two trigger
times midnight and zero GMT.

If you can't be awake and you
know, you want to trade London,

but you just can't be awake.

I guarantee it you're beating
yourself up and you're thinking

I'm probably not going to be as
successful because I can't fait London.

I can't get the higher load a day.

Yes you can.

And you don't even need
to be awake during London.

Okay.

Remember I told you there's many
times where I'm not up at London,

but yet I'm taking participate in.

And I use the basis of the zero
GMT starting opening price to

frame where my limit orders are
going to be once in a while.

I'll get up and see if the
context is still in alignment

with what I see in eight o'clock.

But if I don't want to wake up and I
just trust the orders of the way it's

going to unfold, then I select the trade.

Go by itself.

It'll fill me.

The staff will be in order.

I ain't worried about trailing
nothing in London anyway.

And I had my first profit objective to
be taken once it gets to a certain level.

And then I'll wake up, hopefully
at six clarity in the morning or

whatever you want to go into New York.

And either I'm adjusting the stop,
taking something else off again,

or looking to collapse the trade
because I may see a reversal.

So we're going to talking specifically
with mark reversals this month, but

you have opening price at zero JMT.

Okay.

I'm gonna play devil's
advocate for a moment.

And let's say for instance, we're only
buying right at the opening price.

Okay.

And we don't, we don't worry about
any movement below the opening price.

Hang on Monday.

Okay.

The opening price again
comes in at 74, 84, 74, 84.

And the low of the day comes in at 74 74.

Okay.

So if you're buying at the open
and you're using the average daily

range, may ask you a question on
all your data platforms and I get a

consensus of everyone's, uh, specific.

Hang on one second.

For average daily range on the
last five days on your data feed.

Tell me what your five day
average daily range value is

for all the dollar for today.

Uh, C 1 63 51 52 52 52 49, 40 61 60 52.

So it's a range between 40
and 60, depending upon what

data provider you're using.

Okay.

Now you w what do we have on Forex
LTDs five day average daily range.

You'll be getting the average daily
range indicator on, on this month,

if you haven't gotten it, but most
of you have it for X LTD, 61 pips.

Okay.

So if we're buying, if we're buying
on Aussie dollar at the opening

price at zero GMT, our stop-loss
order has to be roughly 60 pips.

Now, if you think about this for a moment,

what we're saying here is we
believe that the opening price

should be at or near the loaded.

Based on the analysis I gave you Friday
that we're going to be looking for the

gaps that be closing up here in the,
by stops to be taking, because we've

already hit the weekly low in here.

We had a higher, low here, and they're
probably going to want to take the buy

stops based on what we've outlined.

So even if it wants to go
lower longer-term it can still

come up here and grab all this
stuff and still raising lower.

It doesn't mean it's long-term
trend reversal a little

bit darker color than that.

And then let's use it as red or orange.

That's good enough

to average daily range takes us down here.

So your stop-loss is well below.

Thursday's low.

You're buying here.

Okay.

And all you're doing is
you're trying to capture pips.

You're not trying to get $20.

Tend to our one returns.

You're not doing anything like that.

If what you're seeing in the price
action suggests that you should be

a buyer, but as we outlining here,

that's your stop-loss right here.

You're well, well, well beyond what
would be reasonably expected as

static price action grabbing you.

They're gonna want to have to take
price considerably lower to get to

where your stop is on this right here.

If you take half of the average daily
range, 50% of the average daily range,

that means that you have to be 30 pips

right there.

That's where your stop-loss is.

It's also above this low, which would
be normally unnerving for some of you.

But the context is, is we've already
turned the tide with a short term.

Right there.

So this is your range.

You buy.

Now, if you are up at eight o'clock
New York time at zero GMT, if you

see that opening price and then you
see price dropped down, away from

it, what can you be doing it then
in that condition right there, what

would you be looking for as it drops?

You just looking for any old
price level, or are you looking

for something specifically?

Like what would you be looking for?

Well, think about what you're doing.

The framework we gave you for
Friday was they're going to look

for the buy stock on Aussie dollar.

So that means the direction is up.

So for bullish, what do we,
what do we look for the frame?

The long off of

discount?

PDA res.

Very good.

So.

This movement in here.

Let me see them in a little bit more.

This movement here
below the opening price.

It's taking out this short-term
low and it's trading into this.

What are these three down closes in here?

They're all one order block.

Okay.

If there was a 45 minute chart,
we would see this as, uh, a

bullish or block all one block.

Now I gave you specific roles to
look at when we frame the context of

buying and selling at the zero GMT
and at the London session midnight,

you want to look at the price swings
in the latter portion of New York.

Okay.

There'll be some, sometimes
there's two stages of, of swing.

For instance, like we have
this low here up to this house.

But in between this high and this
low, do you see that secondary swing?

I'm going to outline in a second,
but before I do it, can you see it?

This little one here to here?

You see that

if we take the fib

and I want you to go back and
look at all the major pairs and do

this for the last two weeks, every
major, not major, every major.

Yeah, every major base against the dollar.

All the New York session swings.

Okay.

If it's two-stage like this towards
the close, then use both of them.

Get the measurement
from the low up to here.

And also if it's a second smaller little
swing, you want to use that one as well.

That low to the high

what's this.

What is that?

Take out the delineation.

So we have a swing low Bush or
block New York price swing, but

what's prices expected drops down
after zero GMT optimal trade entry.

Your stop-loss is down here.

You can be a buyer right there.

So this is what you would have a risk of.

This could be a buyer there and
have a 24 24 pips stop loss.

You go through the majors
and you'll see how this is.

It sets up your lungs setups.

It sets up your aging range entries.

It gives you all those scenarios,
but you have to look at them

with, well, you have to look at
several examples and you'll see it.

I'm going to give you the template.

So you can basically look for this type
of thing in price action, everyday Nuno.

The reason why it's not, uh, uh,
given to you before the fact is

because I already gave you the,
the, the ingredients I gave you the

homework, and I spelled it out for you.

I told you that the Aussie dollar
was going to go for the buy stops.

So now we're showing you the example
of how all that stuff outlined.

I told you where they were going
to take price in Aussie dollar.

I told you in the context of the
lessons last month, where, well,

how you would go and use it.

And it's the way it looks like this.

Isn't a one, this isn't
a one trick pony set up.

Trust me.

It's like several times a week.

And when you ask it, we'll be
doing it before the fact that we're

gonna be doing it tonight, in fact.

So just relax.

So it's not.

It's not complicated at all.

And you'll see, it's very, very simple
systematic approach at doing it, but

you have to see lots of examples of
it and you'll see how there's a lot of

similarity amongst how they all set up.

All the buys generally look
generally the same thing.

See what everyone looks
at is they do this.

Can we take these off?

Okay.

They'll look at this, this move here.

And we get this old box out of the way.

First,

they take the fib and
this'll give you a set up

right there.

This is a price swing from here to here.

They see that one.

That's understanding.

No problem.

Everybody can see that one, but
by using the sessions in today's

highs and lows, with the context of
directional bias, Most of the traders,

even people that look at my free
tutorials, this is what they're doing.

They're taking this low down
here up to the high, and they're

waiting for optimal trade entry
down here with this order block.

That's what they're waiting for this,
but if you have a two-stage London, I'm

sorry, two states, New York clothes.

If you can see that on a 15
minute timeframe, use both of

them, then look for a swing load.

Remember ideal scenario, what's better
than buy just in liquidity void or

a fair value gap, or one of those
with a short-term low just above it

always, always, always, always.

Try to find the ones that have a
short-term low, because there's going

to be liquidity underneath those lows.

And I know some of you are saying
the large funds are not trying

to put their stop loss below that
15 minute timeframe, Michael.

Yeah, you're right.

But there's liquidity
below that, nonetheless.

So they're going to get
two birds with one stone.

They're going to take it down to fair
value, which is the order block below

the swing low, where there stops with the
directional bias it's counter to what we

expect to see in direction, which is ups.

So we want to be buying
when it's going down.

So it overcomes the
dealing spread real quick.

You won't spend that much
time below the dealing spread.

Once price starts to move,
then you get confirmation.

Once it starts to break out
and clears the buy stops, then

you start measuring each one.

Each gap being the magnet
that you're looking for price

should reach for this one.

It closed it right there.

This the whole sell side delivery.

Once it closed that in, then it
retraced back down and then expand it

up for what the fairway you got here.

So if we take the.

Great there that low on the last lap
candle here that closes it in, look

at the reaction and price right there,

but you have to see an example of
what, what it looks like otherwise

at your home will probably won't
be as fruitful as it would be.

Had you not done it.

All right.

So optimal trade entry guarantees us we're
in premium or discount true or false.

Okay.

Let me, I mean, I, okay.

It sound like a loaded question.

If you understand what
direction the market's most

likely to go higher or lower.

And you're using the swings that
we outlined in lessons in April,

if we do that, does the fib allow
you to frame premium or discount

with the optimal trade entry?

Yes, it does.

So now, if you take what was learned, what
you learned from April's content, plus

what I'm going to teach you in may you'll
you'll know every scenario, what I use the

fit for and what swings I'm pulling on.

And then you'll know why all those lessons
that looked like compere hindsight, even

like this one here, even on baby pips
days, those are repeating themselves.

They have the same characteristics
over and over and over again.

But you have to look at the intraday
price swings because the market's going

to drop back through when it retraces.

It's not always coming back
down to take out yesterday.

No, we're just not trying to say,
just take out previous days, highlight

it's already done that over here.

So when Thursday made a lower, low taking
out Wednesdays low, there's no necessity

for Friday to go lower than Thursday
because the context is already in place.

We have a potential swing, low forming.

I already outlined in advance that
that Thursday was going to give you

potential cap on the weekly range.

That means if the low of the week.

So if we start off running towards
these by staff has said that we're

probably going to see that price
74 98, going into yesterday or

last week, close Friday's close.

And then we would going into
the beginning of this week, go

back and watch the recordings.

A very short recording folks.

They're going to run for
the buy stops here and here.

That's exactly what he did.

So if you take a bigger picture
out and Tim's just set it for

me, you can't see it though.

What profile do you see?

The market maker by profile
consolidation, Lee's consolidation.

It comes back to consolidation.

It doesn't always have to do that.

Okay.

Distribution, redistribution,
redistribution, smart money reversal,

low risk by re accumulation re
accumulation stops above here is where

the market's going to want to reach for.

If it's going to keep going, it doesn't
have to, it could stop right here.

It could fail here.

The personally, I think it's going to
go above to take out the stops here.

So you see a market maker by profile.

That's taught in the free tutorials.

When you zoom in real tight though,
and your charts look like this.

It's not, you're not
going to see anything.

You're too close.

Just like your noses against the tree.

And you can't see the forest.

You can't see anything.

You see the bar.

You see that, you know, that
the coarseness of it all, but

you can't see which necessary
to frame out the entire move.

So how did I know that Thursday
was going to be a low of the week?

Um, I taught that in, uh, in previous
teachings, in your mentorship that when

we look at the weekly range, Thursday's
New York session generally makes

the high or low of the weekly range.

It doesn't mean that you won't have
a little bit of follow-through on

Friday, make a higher, higher, lower,
low on respect to weekly ranges.

It just means by standard practice,
if you go back and look at weekly

ranges, generally on down weeks,
Thursdays New York open that usually

makes the, uh, the low of the week.

It usually trades off of Thursday's low.

And everybody expects that continuation
on Friday, but it either consolidates

or pulls back into the weekly range.

And retraces

so all I did was use the, the,
the information I've already

shared with you in context.

Okay.

So there's nothing different.

Um, the question is when
do I use London open?

And when do you use New York open?

You'll get rules to that this
month, like I said, you're going

to have very detailed templates.

Okay.

So now looking at, um,

last month's content, if we're buying zero
DMTs opening price, we have two rules.

Okay.

And I want you all to type it out.

Okay.

I know you're paying
attention in the morning.

You've read it.

And you remember it.

What is the rules at buying zero GMT?

There's two of them.

What conditions do you do?

Pretty most of you know, so I didn't
mention anything about the flout yet.

That's flounce in this month.

Um,

it pretty much part you got along.

Yeah.

Okay, good.

Just wanna make sure you got you're
paying attention because this

lesson is one of those lessons.

That's really, really good.

And if you don't really appreciate
it by paying attention, it'll

just Y right on by, and you'll
miss the importance of it all.

So if you look for daily bias
to suggest price go higher

or lower, how do we do that?

Well, as soon as we see a daily
swing, low form right away, I

don't care if it's a bearish trend.

If you see a daily swing low.

I mean, do you have a low with a
higher load to the left and a higher

load to the right that very next day
always expect a zero GMT phenomenon.

Look for that because this whole
protection in price, even if it goes up

and creates a New York session reversal,
that is not something you can just ignore.

If you want to be a
short-term trader intraday.

I mean, this is a nice little move.

Some of you would be happy if
you just got that for a week.

I know.

I mean, it's that's enough, but
the conditions are exactly that

was outlined in April's content.

The lessons that are there.

If you look at all the majors, go
back over the last two weeks, you'll

see those scenarios unfolding.

You'll see the conditions that are ripe.

They're very, very easy to see it.

Let me ask you a question.

If we use for average daily
range as our whole entire school.

That means if we use entire 60 PIP,
uh, range for our stop, does that

reduce the amount of profit we make?

Well, I get mixed answers.

It does.

And it does not.

Number one, if you're looking for extreme
returns on the trade, then obviously

you'd have to demand at least 180 pips

to get three to one.

We don't need three to one.

If we're doing scalping,
all you need is one to one.

If your directional bias is at one point
and you know what you're looking for and

you know, the liquidity it's running for
all you need to do is frame one-to-one.

You're gonna be training with
1% risk Nevermore on scout.

Never never, never, never,
never more than that.

If you do trust me, it makes it
very difficult for you to come out

of that, draw down because if you
have a series of five, uh, five

losing trades, you're down 5%.

The best you're going to get on
the next five trades is if you

had a hundred percent accuracy
is your back to break even again.

So you don't have that repairing
factor that you have when you have

three to five to eight, to 10 to one.

So always be very, very highly selective
when you're day trading and looking for

intraday trades, because your 1% risk is
many times factor on a one-to-one basis.

Sometimes you can get two to one.

So instead, we're going to talk about
right now, if we know that the rules

suggest that we used by the average
daily range, subtracted from our opening

price at, at zero GMT, or if we wait
for a little bit of a movement down and

it takes out a level that makes sense
logically to be a buyer at below an old

low, forget this being an older block
by itself below this old low isn't.

It could be a buyer because if you use
five to eight hours daily range, and

you know, if it wanted to come down and
closing this void, which it shouldn't

because it's made a swing load daily,
it has no need to go back down here.

That's why there's been
such a big movement off that

price and that swing low.

They're going to leave
that gap open for awhile.

So it's kind of like a
breakaway gap, right?

So any movement down, everyone
else is going to be looking

for a deeper retracement.

We don't need that.

All we need is the opening price, that
price, or just below it a little bit.

How much below?

Well, look below, look to the left of it.

Do you see a swing low?

Do you see an order block?

Do you see a void or gap
something to that effect?

If you see that that's what you couple
it with and you go right into your fight.

It's a market, or you put your limit
order based on that level, plus five pips.

Now, sometimes if you use a limit
order and you want to go back to bed at

eight o'clock and you can't be awake.

You'll probably miss some of those moves.

So that's why I gave you the first
rule was if you're gonna be a buyer or

seller, just use the opening price and
you should find the average daily range

as a, as a basis point, if you know,
with a great deal of strong conviction

that you got this pegged where you're
confident that it's not going to go down

much more than what you're entering at.

You reduced to 50% of the
last five days, average daily

range, which is in this case.

It's uh, about what do
we have up here earlier?

Yeah.

In here we bought the opening
and it was 60 some pips.

So 30 pips would be

right there.

So your stop-loss is right
there at the open price.

You're allowing all this
movement before you get.

On the upside doing your multiples, right?

There's your one-to-one.

And it didn't even go up
to the fair value yet.

So you have almost one and a half to
one potential payout using that model.

If you're strongly convicted and you
watch and you see, and you sit up through

Asia a little bit and you watch it run up
above here, you can take that stop loss

and come up just below here and reduce it
and then go to bed and not worry about it

to every single trading day.

This is what the exercise is going to be.

Basically like every single trading
day, we're going to have a bias.

We're going to force a bias
on you every single day.

Now, with that bias, you have to
execute either on paper or with

your demo account based on that
at the zero G and T opening price.

Yeah, it's going to be up to you, whether
you're going to use the actual price

itself, or if you're selling a little bit
above it, or if you're buying a little bit

below it, I'm going to leave that to you.

But everyone has to participate in
at least doing the opening price.

If you don't want to monkey around
with you selling above or below

it, you're just going to miss the
experience of growing with that insight.

If you're gonna be lazy about it and just
simply use the opening price, there's

really nothing wrong with it, but you're
cheating yourself from all the exercise

experience of doing it collectively
interactively with us as a group.

So every single day, I'm
going to send you a chart.

I'm going to pick one pair and
you're welcome to do with all

the other pairs that I followed.

But I'm going to give you one idea
that I like, and we're going to watch

that unfold every single trading day.

Okay.

And we're going to look for the opposing
PD array that it would reach for.

They're not going to be.

One shot one kills.

That's not the, that's
not the premise behind it.

All I'm looking for is 15 to 30 pips.

That's all you're looking for now.

Did I not tell you in the free teachings
that 25 to 30 pips a week is all you

need to double your money annually.

That's it.

25 to 30 pips a week net.

If you do that with 2% risk,
your money by default will double

every single calendar year.

You don't need to be positioned
trading, swing trading.

One shot, one kills,
none of that business.

All you need to go in and
find these conditions that I'm

teaching you this month, you'll
be able to pull out something.

Okay.

And, and now obviously you want to
see my trading be a lot more active

because it will have everything
behind us, but this month we're going

to be very busy every single day.

There's something I'm trying to think of.

Anything else I want to add
to this without going into

the meat of the teachings.

I think it's pretty much self-explanatory.

So if you watch the recap from
Friday, I told you that we were

looking for the biceps and we ran
out the beginning of the week.

We're seeing it now to claim climbed
all the way up in the fair value.

And it's basically a
small little Judas swing.

I mean, if you think about what's
being shown here, this is a small

consolidation and the drop down does
that not look like what we outlined

for a classic London by scenario,

it's exactly the same
scenario, same scenario.

So if you look at these templates that I'm
going to give you this month, you're gonna

be able to frame it very systematically.

You won't be guessing.

Cause uh, I got a couple emails from
a few of you and one of the guys left.

Because I guess he just
couldn't deal with it anymore.

But, uh, he said that I gave way too
many conditions in last month's content

and those conditions, like I said, in
the teachings, they're not all there,

but they're the ones I have to look at
to weigh out whether it's going to be an

entry point or not, not every one of them
is going to have a, you know, a condition

that would negate taking a trade.

But there are certain things that
you have to be looking for that I

gave you an April's content that line
up for a high probability setup and

other ones that say not to do it.

And there's gonna be times where if
you follow those rules and you say,

okay, I'm not gonna take that trade.

And it'll it'll pan out and
you'll cuss me on your breath.

Or maybe you even send me an email
and say it didn't work here, Michael,

you know, you said it wouldn't
work, but yet look what it did.

A few of you like to give me those
report cards and tell me, you know,

your, your, your method didn't work here.

Shadow or it shouldn't have
worked here and it did.

And I keep telling you all,
I'm not going to be perfect.

You're not going to be perfect.

All you need is a collective
whole to be on the positive end

and more wins than your losses.

And that's all, that's all trading is
so understand that they day trading and

scalping, just because it's allowing
you the opportunity to go into these

daily ranges and look for movement.

Don't talk yourself into trying
to do it every single day, because

when you start trading with these
insights, if we get lucky and we

see a string of winners, okay.

And we go when, when, when,
when, when one loss to loss.

When, when, when, when, when
loss loss loss, when, when, when,

when, when that will convince
you that you're superstar trader.

And it means that there's high
probability, every single trading

day, even with those couple of
losses in here, you'll get PIP drunk.

I don't want you to think like that.

Everything's still has to have context.

So I want you to be more selective.

After doing the exercise that we do
this month and the actual entries and

participating it's to convey the message
that not every single trading day is

going to be as good as the others.

In other words, what we're going to do
is narrow down a characteristic that

repeats itself on buy days and sell days.

So it's just really easy for you to say,
you know, I'm going to be a buyer today.

I'll wait until tomorrow.

It can do this today.

It might go up a little bit,
but I'm not worried about that.

I'm going to buy the next day.

That way, you know, the probabilities are
really shifted in your favor and you won't

feel that rush or urge, and you won't have
that tug of war, emotional feeling like

I have to do something or I missed it.

So we, I will, I will kill all
those worrisome things you have

in your thinking, by the stuff
that's being taught this month.

None of the, none of the
templates are ambiguous.

They're very specific.

They're very detail oriented
and they're highly selective.

So when you do these setups, the
whole brush factor, the whole

emotional stuff that goes on.

And then I can feel confident about
going into the other teachings about

commodity stocks and day trading
and, um, index trading in, in June.

While we still talk about this though,
and also notice how the overlap takes

place, because I'm teaching all the other
content that really is useful for, for

XD because it's intermarket analysis.

So don't discount that don't
let me talk you into staying.

If you don't want to be here past
this month, do what you want to do.

I don't care, but there's a strong
correlation between what you learn

and June's content with the overall
marketplace, which helps you fair it out.

Big moves, which leads us
right into mega trades in July.

Once that's done in August, you get
the templates that take you right into

the marketplace and you sit down from
a macro perspective, okay, I'm going

to be a day trader because of this.

I'm going to be a swing trader and
one shot, one kill because at least

conditions I'm going to be swing trading.

I'm going to be a position trader
and each one of those have filters

that puts the brakes on whether you
do anything at all in what conditions

are necessary to take the next.

So there's no wondering or sending emails.

What do you think about this?

You don't need to do that.

You'll know what I would be doing simply
by a graphic depiction of a flow chart.

It takes you from one thing to the next,
and it keeps you at one stage until

another condition is met or rebrand
reverses you back to a previous stage

to see something else you confirmed.

If it doesn't do that,
you're never executing.

But when all this criteria is are met,
you do execute and it teaches you where

to take your management of your stop-loss
and each stage and all that business.

It's a complete method of looking at
the marketplace, the best thing I can

do and taste in terms of taking what I
know and how I think about price in a

step-by-step format, or you'll never have
to ask me or see me do a daily video.

You'll just know what it is I'm doing.

It doesn't mean you'll be right
all the time just means that you're

more apt to know what the market
may do based on those conditions.

Um, I think that's it for that.

So, um, Obviously you can see on the
chart we saw by sauce be collected today.

They did in fact, take the market
up, um, based on what we outlined

going into, Friday's close the
beginning of the week, we would see

all $3 reach for all the biceps.

They cleared the board on net
close in the fair value gap.

Um, market maker by profile
completes about this high.

And that's what we were expecting
going into, uh, by London tonight

or New York open tomorrow.

It should have already taken out
all these stops once that does that.

Once it takes out and clears the by stops
out on a market maker, both profile.

And when any pair, once it does
this, have this in your notes,

I immediately go neutral on that
pair and I don't change bias.

I don't look for reversals.

I don't look for continuations.

I go neutral and I'll let price
tell me what I want to do with it.

Next.

I abandoned all my analysis
and my convictions about it.

And once it does that,
because I don't know.

What it's going to do at that moment.

I have to see what price shows me.

It may want to continue higher, then I'll
trade it accordingly, or it may reverse.

Then I'll treat it accordingly.

But you just know when we complete
market maker, profiles, buy or sell,

once it clears out its original
consolidation here, once it takes

that out, basically the setup's done.

You want to wait for more information and
I think that's going to be it for today.

I don't see anything else I want
to talk about for the other payers.

We mentioned consolidation across
the board and we'll need this.

Get to be violated on the downside to give
us continuation, sell momentum for dollar,

or we have to take out the daily high here
to make us run for the buy stops here.

So we're probably going to stay in that
range, which keeps everything else pretty

much blocked in the same similar manner.

And that's it.

So, um, We're going to be a little
bit more busier than we normally are.

You'll have insights given to you at
eight o'clock my time you'll have every

London session is going to be prerecorded.

So you know what I'm looking for there.

And then live sessions in New York.

I will not be available for fly sessions
on Wednesday, Thursday, and Friday

of this week, but you still will have
all the things I've outlined here.

I will be able to do short little video
and throw something on a forum, but I

just can't spend all this time because
I don't know what they're going to be

asking of us when we get down there.

So I appreciate your flexibility with me
in regards to that and your patients, but

you won't be without content each day.

And secondly, because I have to take care
of this this week, um, our first group

of lessons will not be this weekend.

I will be giving you three lessons, not
this weekend, the very next weekend.

So that next thing give you
a date so you can see it.

When your own calendar,
um, today is the first.

So this Saturday would be the sixth.

You would normally get your
first two delivered there.

I'm giving you three lessons on the
13th, three lessons on the 20th.

And the final two will be on the 27th.

Okay.

So the 13th you'll have three lessons.

The 20th you'll have three lessons.

And on the 27th, you'll have the last
two days lesson seven lesson eight.

Okay.

And the nondisclosure and continuation
authorization for payments for this

month will be delivered to you by email.

This evening, you should have, you should
all have it by 3:30 PM, New York time.

So, uh, I think that's it.

Apart from that, I'm going to close
this one, which are very good afternoon.

I'll get the recording out as soon
as I possibly can and just be on

the lookout for agent session stuff.

Okay.

Cause we're gonna be doing a lot of stuff.

In all the trade sessions this month,
we'll be doing Asian session trades.

We'll be doing near session
trades, non trades, London, close

trades, and late New York trades.

Okay.

So you have all kinds of
stuff to work with this month.

Your head's going to be spinning.

So until then I will get back
with you later on this afternoon

with a recap and chart index until
they didn't look good trading.