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These are the user uploaded subtitles that are being translated: 1 00:00:02,140 --> 00:00:02,800 Welcome back. 2 00:00:02,830 --> 00:00:03,730 Good morning cooks. 3 00:00:05,440 --> 00:00:07,780 We have the economic calendar in front of us today. 4 00:00:08,530 --> 00:00:14,980 We have a very, very light New York session in terms of news. 5 00:00:14,980 --> 00:00:22,000 There's basically nothing nothing's going on today and in the recession, 6 00:00:22,000 --> 00:00:25,210 as far as economic data, that would draw any intention of mine. 7 00:00:26,620 --> 00:00:29,740 So we're seeing the effects that I mentioned yesterday. 8 00:00:30,010 --> 00:00:34,210 When we started brand new month, first day or two, or usually consolidations 9 00:00:34,210 --> 00:00:37,990 the days you still have to take and see if there's consideration, take a trade, 10 00:00:39,220 --> 00:00:44,470 but let's take a look at the market as a whole, one more time to the charts. 11 00:00:53,680 --> 00:00:54,010 Okay. 12 00:00:54,010 --> 00:00:56,830 You should be seeing the dollar index. 13 00:01:02,190 --> 00:01:02,820 Thank you for that. 14 00:01:05,390 --> 00:01:05,750 Okay. 15 00:01:05,750 --> 00:01:11,480 So we have, we've got an outline provided to you by way of the forum last night, 16 00:01:11,570 --> 00:01:15,380 and this was a continuation into London. 17 00:01:15,380 --> 00:01:18,500 So this is the syrup that we're watching to see if it will unfold. 18 00:01:19,940 --> 00:01:21,950 I gave you a scenario where we'd have the opening prices. 19 00:01:21,950 --> 00:01:25,580 Your GMT price would come down, hit this level here. 20 00:01:25,580 --> 00:01:28,340 I was pretty close in regards to that. 21 00:01:28,340 --> 00:01:29,120 We did get the bounded. 22 00:01:30,360 --> 00:01:33,059 And the short-term price went here that we measured and 23 00:01:33,059 --> 00:01:34,380 we're still inside that range. 24 00:01:35,100 --> 00:01:37,289 Uh, we worked several times while the opening price. 25 00:01:37,289 --> 00:01:41,759 We did it here, here, here, here in that we're back above it. 26 00:01:42,119 --> 00:01:43,259 So we're in a new session. 27 00:01:43,830 --> 00:01:47,130 Stops have been left in tact above these two highs here. 28 00:01:47,669 --> 00:01:51,360 There's still maybe one more little punch to go higher per dollar. 29 00:01:51,960 --> 00:01:58,020 And that should help the Euro dollar short idea that I was proposing to. 30 00:01:58,020 --> 00:01:59,369 We have a higher, low in here as well. 31 00:02:00,179 --> 00:02:05,100 And it bounced off of equilibrium based on the price range is this low to this high? 32 00:02:05,579 --> 00:02:05,669 Okay. 33 00:02:05,669 --> 00:02:12,329 So what I did was I mapped out the London session using zero GMT and 34 00:02:12,329 --> 00:02:17,940 the idea top in April's content using the price swings, previous intraday. 35 00:02:19,859 --> 00:02:23,100 So on the dollar we saw price come down here, reject. 36 00:02:23,490 --> 00:02:28,859 We saw a stopper on yesterday, below here, and then reject our ideal scenario is a 37 00:02:28,859 --> 00:02:31,079 seek the liquidity at these buys stops. 38 00:02:31,109 --> 00:02:33,690 That's what I think the larger draw is on price. 39 00:02:34,230 --> 00:02:37,740 So even if we stay consolidated the rest of the day tonight, I 40 00:02:37,740 --> 00:02:40,140 still will be looking for something very similar to what we did here 41 00:02:40,140 --> 00:02:42,660 today for a run on the buy stocks. 42 00:02:42,660 --> 00:02:46,630 $1, you can't see my mouse. 43 00:02:48,570 --> 00:02:49,860 We will see it in recording though. 44 00:02:50,160 --> 00:02:53,510 I'm not sure why it doesn't show up on here, but you can clearly see that 45 00:02:53,510 --> 00:02:56,690 it's it's delineated on the chart to by stops down the left hand side. 46 00:02:59,440 --> 00:03:05,800 Okay, so let's move on over to Euro dollar trade here. 47 00:03:07,240 --> 00:03:08,740 So I framed this out as well. 48 00:03:08,950 --> 00:03:14,230 Uh, we had the price swing from this high down to this low used, and we were looking 49 00:03:14,230 --> 00:03:17,560 for premium in here to provide a cell. 50 00:03:18,970 --> 00:03:21,130 It's dabbed up a little bit beyond that. 51 00:03:22,240 --> 00:03:26,170 Worked the opening price once twice. 52 00:03:26,560 --> 00:03:31,060 Now we're slightly above it in here now with the neutral dollar as well. 53 00:03:32,200 --> 00:03:38,190 So what I want to do is I want to actually move to the 54 00:03:38,190 --> 00:03:39,660 sidelines cause we've got no news. 55 00:03:39,660 --> 00:03:41,040 It's going to potentially be a driver. 56 00:03:41,400 --> 00:03:44,040 We have no directional bias. 57 00:03:44,040 --> 00:03:45,290 Now we're still in consolidations. 58 00:03:45,290 --> 00:03:47,640 So we're going to work the same scenario unless something 59 00:03:47,640 --> 00:03:48,930 changes the rest of the day. 60 00:03:49,350 --> 00:03:52,350 I'm going to look for the same scenario unfold for tonight. 61 00:03:52,920 --> 00:03:58,290 So if you have, if you have anything on your dollar now move to the sidelines. 62 00:03:58,530 --> 00:04:01,650 Don't look to take another trade, move to the sideline right now, 63 00:04:09,810 --> 00:04:16,200 if we go over to Euro pound, Euro pound came up to the 60% chase 64 00:04:16,200 --> 00:04:20,730 level up here, they found a premium level based on the range of. 65 00:04:22,125 --> 00:04:25,965 This high down to this low, we want to Bob equilibrium. 66 00:04:26,295 --> 00:04:27,675 So we are in premium here. 67 00:04:27,975 --> 00:04:31,365 We did see some movement that would support a lower Eurodollar, but 68 00:04:31,365 --> 00:04:36,795 the problem is, is we saw strength come in on pound to pound, came 69 00:04:36,795 --> 00:04:38,955 down, took some stuffs out here. 70 00:04:39,285 --> 00:04:40,695 Actually it was last night looking at this. 71 00:04:40,695 --> 00:04:42,885 I didn't share it with you, but I was looking for this gap in here 72 00:04:42,885 --> 00:04:44,865 to close and it never made that. 73 00:04:45,345 --> 00:04:47,715 So if I would have been short looking for that objective, 74 00:04:47,985 --> 00:04:48,885 I never would have got that. 75 00:04:49,275 --> 00:04:54,375 So in full transparency and disclosure, that level was anticipated on my own 76 00:04:54,705 --> 00:04:56,205 time, own notes, but it never got there. 77 00:04:56,625 --> 00:05:01,155 But this strength here is what messed up the Euro pound, which also took the 78 00:05:01,155 --> 00:05:03,795 strength from the Eurodollar short. 79 00:05:04,905 --> 00:05:05,265 Okay. 80 00:05:05,865 --> 00:05:11,565 So these areas are still in play or looking for the on the cell stops. 81 00:05:12,255 --> 00:05:15,945 I'd rather see it stay in a real nice tight consolidation again, because 82 00:05:15,945 --> 00:05:19,595 that way we'll have a, probably a, a much stronger scenario on 14 83 00:05:19,595 --> 00:05:21,465 tonight and to Asia and the London. 84 00:05:21,465 --> 00:05:22,785 So we'll be doing the same thing. 85 00:05:23,265 --> 00:05:27,675 I'll outline it again, put it in a chart format and I'll give you the 86 00:05:27,675 --> 00:05:35,315 scenarios I'm looking for as well, but let's go over to Aussie dollar. 87 00:05:36,275 --> 00:05:41,585 Uh, we saw the completion of the market maker by profile and came up 88 00:05:41,585 --> 00:05:43,265 here and hit the stops as we outlined. 89 00:05:46,565 --> 00:05:47,615 And then we saw retracement. 90 00:05:49,050 --> 00:05:51,690 I know some of you have shorted up here today. 91 00:05:53,130 --> 00:05:54,050 You were sending me tweets, right? 92 00:05:54,060 --> 00:05:54,990 For the start of assessing. 93 00:05:54,990 --> 00:06:01,289 So congratulations on that, but I have no play on all the dollar and I have nothing 94 00:06:01,289 --> 00:06:03,870 on dollar cash, dollar cash, also neutral. 95 00:06:04,260 --> 00:06:06,659 It's staying in a range, just like we mentioned the first 96 00:06:06,659 --> 00:06:07,710 two trading days of the month. 97 00:06:08,010 --> 00:06:10,440 Generally, if they start on a Monday and Tuesday, you'll get 98 00:06:10,440 --> 00:06:14,130 this classic scenario a pound. 99 00:06:14,549 --> 00:06:16,890 It most likely will want to go back into the middle of range, 100 00:06:16,919 --> 00:06:20,400 closing around 1 28 95, 1 28 93. 101 00:06:21,090 --> 00:06:22,950 Uh, that probably see where we closed today. 102 00:06:23,460 --> 00:06:28,409 Um, again, Euro dollar, no movement at all. 103 00:06:28,469 --> 00:06:29,820 No movement whatsoever. 104 00:06:29,880 --> 00:06:36,690 Um, I got really interested last night because I saw it break down gray here 105 00:06:36,690 --> 00:06:39,539 on this leg here, and I say, okay, they held it up there for awhile. 106 00:06:40,260 --> 00:06:40,950 One more time. 107 00:06:41,159 --> 00:06:41,820 Fake pass. 108 00:06:41,849 --> 00:06:43,229 Like you're going to take a new high out. 109 00:06:43,830 --> 00:06:47,250 No, it's just stopped dead in his tracks. 110 00:06:47,729 --> 00:06:48,960 Get one more time below here. 111 00:06:48,960 --> 00:06:50,580 And now we're back in the middle of the range for today. 112 00:06:50,580 --> 00:06:54,630 So if we went through an entire London session like that, and we haven't seen 113 00:06:54,690 --> 00:06:58,530 any real set up going into New York and it's eight now it's eight 15 almost. 114 00:06:59,039 --> 00:07:03,570 So we're eight an hour and 15 minutes into the New York session with no. 115 00:07:05,160 --> 00:07:06,570 It's just better to move to the sidelines. 116 00:07:06,750 --> 00:07:08,070 It's probably not going to have the volatility. 117 00:07:08,120 --> 00:07:09,150 They give us a payment. 118 00:07:09,600 --> 00:07:11,790 So this scenario still remains the same. 119 00:07:12,450 --> 00:07:15,210 We're looking for a fair game, fair value gap here and here to 120 00:07:15,210 --> 00:07:18,510 be filled ADR today's 55 pips. 121 00:07:18,930 --> 00:07:23,010 Um, what I was looking for is this scenario, very close 122 00:07:23,010 --> 00:07:24,270 to what we're seeing here. 123 00:07:24,270 --> 00:07:27,330 I was hoping that this would've been a high today, and then we can project 124 00:07:27,330 --> 00:07:36,450 down 55 pips and then look for a potential run on this low, over here, 125 00:07:36,690 --> 00:07:37,920 taking out the liquidity as well. 126 00:07:38,190 --> 00:07:42,450 That gap from two Sundays ago still has my interest. 127 00:07:42,450 --> 00:07:46,230 I want to see if we have any breakdown this week to get to that. 128 00:07:46,230 --> 00:07:49,620 And we may end up having to punch higher to get people tripped up on the 129 00:07:49,620 --> 00:07:51,630 wrong side and then send that lower. 130 00:07:52,770 --> 00:07:55,020 So I'm looking for that scenario this week to unfold. 131 00:07:55,020 --> 00:07:58,740 I'm looking for, um, a reason to be short Eurodollar. 132 00:07:58,830 --> 00:07:59,580 Let's just put it that way. 133 00:08:01,590 --> 00:08:07,260 Um, I try not to use Sunday if I can. 134 00:08:07,890 --> 00:08:10,710 Um, there's a couple of different ways you can do an average daily range, 135 00:08:10,740 --> 00:08:14,760 but you should be seeing 55 pips on average daily range on four XLT D. 136 00:08:27,095 --> 00:08:30,155 I'm going to teach you the, uh, the difference between the Judas that 137 00:08:30,155 --> 00:08:36,275 seen in the zero GMT hour start and the midnight candle, but that's 138 00:08:36,305 --> 00:08:37,235 got to come into your lessons. 139 00:08:37,235 --> 00:08:38,885 I'm not going to teach it before we get into that because it 140 00:08:38,885 --> 00:08:39,905 takes the whole lessons away. 141 00:08:42,095 --> 00:08:42,455 All right. 142 00:08:42,455 --> 00:08:42,965 So 143 00:08:47,195 --> 00:08:48,305 I get a new chairman. 144 00:08:48,305 --> 00:08:48,815 I hate this. 145 00:08:48,815 --> 00:08:51,725 I'm sitting here with shorts on and I have a leather chair and 146 00:08:51,725 --> 00:08:53,465 everyone said we are a finisher. 147 00:08:53,465 --> 00:08:55,115 Wasn't turned down low enough. 148 00:08:55,535 --> 00:08:57,545 And I got really warm to my skin. 149 00:08:57,545 --> 00:08:59,195 Sticking to this chair is nasty. 150 00:08:59,195 --> 00:09:00,005 I can't stand that. 151 00:09:01,955 --> 00:09:02,255 All right. 152 00:09:02,255 --> 00:09:11,975 So again, we got nothing for dollar CAD, nothing on Aussie dollar, all dollar 153 00:09:12,005 --> 00:09:19,775 looks like it could come down to if you are short and we can get to this high 154 00:09:19,775 --> 00:09:25,255 in here, which would come in at 75 10. 155 00:09:25,765 --> 00:09:29,185 So if we touch 75, 10, you want to be taking something out. 156 00:09:29,185 --> 00:09:30,385 I almost got to it here. 157 00:09:30,385 --> 00:09:35,855 It looks like you almost got one PIP away from it, but you definitely want to be. 158 00:09:38,125 --> 00:09:41,935 I take something now, if you're short, because we're below this low in here. 159 00:09:43,550 --> 00:09:45,830 And may not even get down to that, that level here again. 160 00:09:46,310 --> 00:09:49,520 So if you are short, take some, take a big portion of it off and 161 00:09:49,520 --> 00:09:52,880 move to the sidelines and let the rest of your trade pan out. 162 00:09:52,880 --> 00:09:57,500 But a little disappointed, I thought for sure that we were 163 00:09:57,500 --> 00:10:00,620 going to see a little bit more breakdown going into, to New York. 164 00:10:00,620 --> 00:10:01,220 We didn't get it. 165 00:10:01,880 --> 00:10:09,920 Um, again, as a reminder this week, we'll be seeing the outlines provided 166 00:10:09,920 --> 00:10:11,660 the same way that you saw last night. 167 00:10:12,200 --> 00:10:16,430 If there's going to be a really decent one, that's out and other additional 168 00:10:16,430 --> 00:10:20,014 information, you'll need to know that changes from when I post it around 8, 15, 169 00:10:20,015 --> 00:10:28,910 8, 20, that we'll be coming in, we have a pre-market recording and it'll probably 170 00:10:28,910 --> 00:10:30,080 be like a four or five minute video. 171 00:10:30,620 --> 00:10:33,710 So, and all I'm gonna be doing is outlining how I'm going to play the 172 00:10:33,860 --> 00:10:38,569 London, but I'm not encouraging you to follow that the second half of this month, 173 00:10:38,569 --> 00:10:42,680 I want you to do exactly what I'm saying I'm doing with my demo, but I'm going 174 00:10:42,680 --> 00:10:44,390 to provide you a pre-market analysis. 175 00:10:44,390 --> 00:10:46,160 I know some of you are going to say, well, I'm going to do what you're 176 00:10:46,160 --> 00:10:50,990 doing, but try to work out your own scenario, use your own entry, use 177 00:10:50,990 --> 00:10:54,829 your own stock, use your own first take profits and all that business. 178 00:10:55,490 --> 00:10:56,810 But I'll be sharing that with you. 179 00:10:56,810 --> 00:10:58,550 If it's a London set up, it's really strong. 180 00:10:59,060 --> 00:11:05,180 But apart from that, I really don't have anything else to discuss this 181 00:11:05,180 --> 00:11:09,650 morning, unless you have some questions that were germane to this set up here. 182 00:11:11,069 --> 00:11:13,199 I'd be willing to answer there, but I don't have, I don't want to provide 183 00:11:13,199 --> 00:11:18,209 anything new because I want to really focus on the setups and let the 184 00:11:18,209 --> 00:11:19,520 lessons speak for themselves as much. 185 00:11:23,849 --> 00:11:29,010 Where was my original stock on here at Allen free up here? 186 00:11:29,370 --> 00:11:33,689 This is, this is a 33 pips from the opening price at zero JMT. 187 00:11:34,859 --> 00:11:39,790 So my stock was up here one to 9 42. 188 00:11:43,569 --> 00:11:45,189 No, I went into market. 189 00:11:45,880 --> 00:11:46,689 It wasn't a minute order. 190 00:11:48,790 --> 00:11:55,660 I stayed up my wife and I, we have to plan our latter portion of our week. 191 00:11:56,469 --> 00:12:00,520 So we stayed up for good deals last night, getting all that together and 192 00:12:00,520 --> 00:12:03,579 stuff and getting things packed up. 193 00:12:06,160 --> 00:12:12,670 No, right now I would not be in the trade chase and we just neutralized it and go 194 00:12:12,670 --> 00:12:15,550 back to the dollar index dollar index. 195 00:12:15,550 --> 00:12:16,060 Hasn't moved. 196 00:12:16,060 --> 00:12:17,349 We had the respect off that level. 197 00:12:17,349 --> 00:12:19,780 We called, but we not going to middle. 198 00:12:19,780 --> 00:12:22,630 So we didn't get through this short term high, which we necessary. 199 00:12:22,990 --> 00:12:24,400 We didn't see it happen in London. 200 00:12:24,459 --> 00:12:27,520 We didn't see it happen in the first hour of New York, which 201 00:12:27,520 --> 00:12:30,219 would be really high probability scenario to see it continue to run. 202 00:12:30,219 --> 00:12:36,910 The buy stops seen on April 26th and 27th as outlined on your chart here. 203 00:12:37,810 --> 00:12:39,219 So we moved to the sidelines. 204 00:12:40,755 --> 00:12:45,005 Um, well, there's a lot of questions. 205 00:12:48,125 --> 00:12:52,675 Uh, I didn't catch any news by way of Trump and any comments he made. 206 00:12:52,865 --> 00:12:54,635 Um, honestly, this weekend. 207 00:12:54,635 --> 00:12:58,564 And so far this week, I've been preoccupied with taking our 208 00:12:59,525 --> 00:13:01,985 son down south to get whatever he's got to get done with him. 209 00:13:02,225 --> 00:13:06,005 It's already three pips is basically one third of the average 210 00:13:06,005 --> 00:13:07,385 daily range of a hundred PIP day. 211 00:13:08,525 --> 00:13:12,605 And I think if I'm not mistaken, I've taught that somewhere. 212 00:13:13,025 --> 00:13:13,895 I've just made so many videos. 213 00:13:13,895 --> 00:13:14,704 I can't remember exactly. 214 00:13:14,825 --> 00:13:20,765 I mean, teaching, it's rare to see a trade higher than 33 215 00:13:20,765 --> 00:13:22,595 pips from the opening price. 216 00:13:25,185 --> 00:13:29,954 And that's, you know, that's what I use the 0.3, three trade 33 tips, which is 217 00:13:29,954 --> 00:13:32,204 basically 1 3100 pips average daily range. 218 00:13:32,235 --> 00:13:35,625 Not that it was a hundred PIP average daily range expected today, but 219 00:13:35,625 --> 00:13:36,825 just generally my rule of thumb. 220 00:13:39,725 --> 00:13:41,765 Um, hang on one second here. 221 00:13:46,635 --> 00:13:52,485 Uh, thought zero GMT trading and only for all the New Zealand and Japanese pairs. 222 00:13:53,055 --> 00:13:55,814 Why are you trading your dollar with zero GMT? 223 00:13:56,444 --> 00:14:00,435 Um, I'm teaching the two entry points that I use for, for trading 224 00:14:00,525 --> 00:14:04,545 and that's what they are dear GMT, which is lifted new day star. 225 00:14:05,325 --> 00:14:09,285 And then you have dear Jan T I'm sorry, dear Jen T, but just it's a 226 00:14:09,285 --> 00:14:10,965 new day beginning our star of the day. 227 00:14:11,595 --> 00:14:17,355 And then you have midnight, which is true day based on the New York open. 228 00:14:17,865 --> 00:14:19,725 So that's the two scenarios. 229 00:14:19,725 --> 00:14:24,285 I'll look for the pairs that have the highest probability of finding scenarios 230 00:14:24,285 --> 00:14:30,585 that really pan out well at zero G and T is those there's three pairs or markets, 231 00:14:30,585 --> 00:14:33,285 the Aussie New Zealand and a Japanese yen. 232 00:14:33,795 --> 00:14:37,845 It doesn't mean that the other pairs won't trade that stock that time of day. 233 00:14:38,775 --> 00:14:44,445 It just generally you see far less draw down or movement or Judas occur in those 234 00:14:44,445 --> 00:14:48,375 three, all the New Zealand and Yan around that eight o'clock hour in New York time. 235 00:14:51,305 --> 00:14:54,305 But if you, if you'd gone back over your data, you'll see, there's plenty 236 00:14:54,305 --> 00:14:59,435 of examples where the majors apart from the three I just named, they 237 00:14:59,435 --> 00:15:00,665 have really good setups as well. 238 00:15:06,265 --> 00:15:13,735 Um, is there any special configuration for the ICT average daily range indicator? 239 00:15:13,885 --> 00:15:14,485 Uh, no. 240 00:15:14,755 --> 00:15:17,725 Is as long as it's at four or five day, it's all it is, 241 00:15:17,965 --> 00:15:19,465 but I'll have that on there. 242 00:15:19,765 --> 00:15:20,935 There's a couple of different variations. 243 00:15:20,935 --> 00:15:23,215 I picked up on average daily range. 244 00:15:23,215 --> 00:15:24,895 I'll leave it to you to decide which one you like. 245 00:15:25,675 --> 00:15:30,385 But I generally stick to the one that I started with and I didn't create it. 246 00:15:30,395 --> 00:15:36,305 If someone was shared it with me on the internet, Uh, did you enter after 247 00:15:36,305 --> 00:15:39,724 the spike or was, or with the spike 248 00:15:45,625 --> 00:15:50,275 once it punched through here and came back up and touched this level 249 00:15:50,275 --> 00:15:52,795 again, as it was moving away from it. 250 00:15:53,244 --> 00:15:54,234 That's when I hit the cell. 251 00:15:58,535 --> 00:15:59,255 Um, 252 00:16:04,234 --> 00:16:06,815 why not hold through New York? 253 00:16:07,954 --> 00:16:14,375 Because the price action doesn't support any there's no, there's no impulse leg. 254 00:16:15,214 --> 00:16:19,204 We're staying consolidated really tight and getaway. 255 00:16:19,204 --> 00:16:20,765 This is the first week of the month. 256 00:16:21,064 --> 00:16:21,905 This is what you get. 257 00:16:22,204 --> 00:16:26,314 This is really, really classic price action for the first week of a new month. 258 00:16:26,885 --> 00:16:29,675 So they were set up there. 259 00:16:29,824 --> 00:16:30,395 I took it. 260 00:16:30,484 --> 00:16:32,675 I outlined it, but we didn't see any movement. 261 00:16:33,005 --> 00:16:34,145 So nobody really should've got hurt. 262 00:16:34,145 --> 00:16:43,805 But this one, even in demo, um, Y you have an 89 PIP average daily range Muhammad. 263 00:16:45,365 --> 00:16:47,734 If you're using four X LTD, it should not be eating nine pips. 264 00:17:05,930 --> 00:17:10,940 So if we wait for the London Judas, man, you guys are fine 265 00:17:10,940 --> 00:17:11,840 about these questions though. 266 00:17:12,530 --> 00:17:12,920 Hold on. 267 00:17:14,810 --> 00:17:19,520 So if, if we wait for London, Judas, we can have the same stop 268 00:17:19,520 --> 00:17:24,530 level, but our stop loss is less since we bought at a bit higher. 269 00:17:24,560 --> 00:17:25,340 Is that correct? 270 00:17:33,580 --> 00:17:37,330 I'm not sure what you're talking about there because we 271 00:17:37,330 --> 00:17:38,320 weren't buying anything today. 272 00:17:38,320 --> 00:17:42,310 We were selling, I misinterpreted, I apologize. 273 00:17:46,760 --> 00:17:48,530 Zero GMT on Forex. 274 00:17:48,530 --> 00:17:51,560 LTD is eight o'clock around here. 275 00:17:53,920 --> 00:17:56,740 Why is it already answered that 1 33 pips? 276 00:18:01,760 --> 00:18:03,380 Um, well obviously we can say it. 277 00:18:03,380 --> 00:18:06,680 Wasn't a strong south now for this hindsight, but going into it, it had all 278 00:18:06,680 --> 00:18:08,840 the hallmarks that could have unfolded 279 00:18:14,080 --> 00:18:16,030 are the exercises less fruitful. 280 00:18:16,090 --> 00:18:20,350 If you are not awake and you're GMT, I wake up at five GMT. 281 00:18:20,350 --> 00:18:25,390 So can enter London either, or I'm not trying to twist your arm 282 00:18:25,400 --> 00:18:28,120 Sebastian to do either one of them, but to make you more rounded. 283 00:18:29,294 --> 00:18:33,855 That way you can see the setups that will sometimes, may not be as clear in London 284 00:18:33,855 --> 00:18:36,554 because it happened in zero GMT, Asian, 285 00:18:45,975 --> 00:18:47,834 no we're not flying or driving. 286 00:18:51,165 --> 00:18:56,205 Um, would it make sense to use midnight New York instead of midnight GMT, 287 00:18:56,294 --> 00:18:58,004 it often provides a better entry. 288 00:18:58,425 --> 00:19:00,375 That's pretty much basically the same thing I answered. 289 00:19:01,004 --> 00:19:05,054 But to previous question, it's, there's going to be times when 290 00:19:05,445 --> 00:19:09,794 London will simply not give you a Judas, it'll just roll over. 291 00:19:09,885 --> 00:19:12,254 And the set up actually occurred at the Asian session. 292 00:19:13,274 --> 00:19:14,324 So you have to be mindful. 293 00:19:14,324 --> 00:19:19,004 And if you remember, when I first started talking about London, there's two times 294 00:19:19,064 --> 00:19:22,125 of the day, and it's what we're going over here and a mentorship, but I just 295 00:19:22,125 --> 00:19:27,165 was very vague about the Asian session now is because it's not an active session 296 00:19:27,195 --> 00:19:32,865 generally, but there are, there's our conditions and characteristics about that 297 00:19:32,865 --> 00:19:37,754 time of day we'll pro that will permit you to enter and not be up during London. 298 00:19:37,844 --> 00:19:41,445 You can frame all of what you would expect to see in London in the Asian 299 00:19:41,445 --> 00:19:43,034 session, if the conditions are there. 300 00:19:43,274 --> 00:19:46,814 And last night, the conditions that were outlined as you see here, but 301 00:19:46,814 --> 00:19:47,925 we didn't get any movement at all. 302 00:19:48,014 --> 00:19:49,935 It's basically staying in a tight range. 303 00:19:56,645 --> 00:19:58,205 Y end of market maker. 304 00:19:59,504 --> 00:20:07,635 On Aussie, why not retrace to optimal and trees and long with given 305 00:20:07,635 --> 00:20:08,865 the conditions of the marketplace. 306 00:20:08,955 --> 00:20:10,545 We're in a big trading range. 307 00:20:10,545 --> 00:20:12,585 I mean, I look at, uh, look at the dollar 308 00:20:16,345 --> 00:20:19,825 we've been consolidating with the gap, remained open. 309 00:20:19,885 --> 00:20:20,784 We haven't broke down. 310 00:20:21,175 --> 00:20:26,905 So that is a profile that indicates we haven't seen any movement by the big boys. 311 00:20:27,685 --> 00:20:30,445 Apart from that gap opening that sent us in this big, long trading 312 00:20:30,445 --> 00:20:33,835 range, we have not moved up to close the gap and we have not broken down. 313 00:20:34,014 --> 00:20:39,085 So because we don't have any continuation or insight from them 314 00:20:39,085 --> 00:20:40,795 on a longer term, directional bias. 315 00:20:41,905 --> 00:20:46,615 If we see a profile complete like market maker buy or sell, when they complete 316 00:20:46,885 --> 00:20:49,375 neutralize the idea, go back to sidelines. 317 00:20:49,375 --> 00:20:52,405 Don't do anything more because you don't know if it's going to continue 318 00:20:52,405 --> 00:20:55,345 up or if it's going to retrace and go completely other direction. 319 00:20:56,935 --> 00:21:00,925 I don't have, I don't have a long-term or weekly bias right now. 320 00:21:01,284 --> 00:21:02,605 And it's also the first week in a month. 321 00:21:02,605 --> 00:21:08,215 So we'll have your typical noisy news releases that will probably be holding 322 00:21:08,274 --> 00:21:10,345 price and consolidation till we get to it. 323 00:21:12,145 --> 00:21:13,045 Um, 324 00:21:20,940 --> 00:21:25,110 What you outlined here on a 15 minutes is exactly the same on daily and weekly. 325 00:21:25,530 --> 00:21:28,830 Um, I'm not sure what you're in. 326 00:21:29,700 --> 00:21:30,210 You can do. 327 00:21:30,280 --> 00:21:30,540 Okay. 328 00:21:30,540 --> 00:21:30,690 Yeah. 329 00:21:30,690 --> 00:21:34,710 I think I need to ask him, can you do the same thing for like trading the 330 00:21:34,710 --> 00:21:41,950 weekly ranges and the, um, well, let's leave at that weekly ranges here. 331 00:21:42,310 --> 00:21:45,129 If you look at a weekly chart and do the similar things that we're doing 332 00:21:45,129 --> 00:21:50,710 here, looking at the most recent price swing, uh, that will lead you to getting 333 00:21:50,710 --> 00:21:53,530 really good one shot, one kills, but there's, there's other little subtle 334 00:21:53,530 --> 00:21:54,850 nuances that go along with that. 335 00:21:55,030 --> 00:21:55,960 But yet you're on the right track. 336 00:21:55,990 --> 00:21:56,500 Thinking like that. 337 00:22:04,860 --> 00:22:09,690 Yes, you can use point 33% of the average daily range. 338 00:22:10,260 --> 00:22:13,740 But the problem is, is if we are in a consolidation, you're going to learn that 339 00:22:13,740 --> 00:22:20,399 many times debt can be punched through because of volatility, the stops maybe 340 00:22:20,399 --> 00:22:23,970 ran a little bit more aggressively and then pulled way back to the middle. 341 00:22:25,080 --> 00:22:30,240 So when you're using a, for instance, if we have a small average daily range, less 342 00:22:30,240 --> 00:22:34,169 than a hundred pips, and you're using 33% of that, that's not giving you much in 343 00:22:34,169 --> 00:22:39,240 terms of a stop loss and that could easily get snagged on a environment like that. 344 00:22:39,240 --> 00:22:42,720 Here, you can stop you out and you can still go nowhere. 345 00:22:42,840 --> 00:22:44,040 So it takes your stop. 346 00:22:44,100 --> 00:22:45,510 It doesn't give you an opportunity to get paid. 347 00:22:46,020 --> 00:22:46,710 Even if you stayed in the. 348 00:22:52,875 --> 00:22:56,775 Um, what makes sense to use midnight New York? 349 00:22:56,895 --> 00:22:58,995 And I answered that one. 350 00:23:15,014 --> 00:23:18,465 Ideally we shouldn't trade this due to know if our payroll and FMC 351 00:23:19,304 --> 00:23:24,855 this week, um, Kane, it's what you would do with your drain only live 352 00:23:24,855 --> 00:23:30,345 funds, but since we're executing and practicing on entries and such, we 353 00:23:30,345 --> 00:23:31,574 got to participate every single day. 354 00:23:32,205 --> 00:23:34,485 So that way you can see what it looks like, how it set up. 355 00:23:34,574 --> 00:23:38,835 And then when we get past all of those news drivers that you just mentioned, 356 00:23:39,225 --> 00:23:41,895 um, you'll see that the market's only a little bit more fluid, hopefully. 357 00:23:47,895 --> 00:23:54,225 Um, why do you, why do I refer to GMT in New York time? 358 00:23:55,304 --> 00:23:59,655 Uh, because as you can hear in nine comments here, there's a lot 359 00:23:59,655 --> 00:24:04,064 of folks are referencing time in their industry, in their individual 360 00:24:04,064 --> 00:24:08,024 respective brokers, because they're looking at their live platforms and 361 00:24:08,024 --> 00:24:09,345 that's what causes the confusion. 362 00:24:09,345 --> 00:24:12,794 So I'm trying to draw everybody's attention way back to the demo account 363 00:24:12,794 --> 00:24:14,264 you see here, which is four XLT D. 364 00:24:14,385 --> 00:24:14,595 So. 365 00:24:16,085 --> 00:24:17,925 Also where you're at in the world, they're going to be 366 00:24:18,015 --> 00:24:20,415 forcing you to view price in time. 367 00:24:21,225 --> 00:24:24,045 The way I see it, the same platform, same time, everything. 368 00:24:24,435 --> 00:24:28,305 So by calibrating that with New York time you'll know exactly what I mean. 369 00:24:30,435 --> 00:24:32,445 It should have been easy enough for me to stay in New York time, 370 00:24:32,475 --> 00:24:36,345 but a large number of you simply won't get, get with the program. 371 00:24:37,005 --> 00:24:38,235 So I had to go interchangeably. 372 00:24:40,935 --> 00:24:41,775 Um, 373 00:24:45,735 --> 00:24:46,305 that makes sense. 374 00:24:46,305 --> 00:24:47,925 You use midnight New York and said, 375 00:24:52,365 --> 00:24:54,585 where do we get the average daily range indicator? 376 00:24:55,365 --> 00:25:00,855 Um, I can put that up today on the forum so you can download it and 377 00:25:00,855 --> 00:25:02,895 put it into your anti four platform. 378 00:25:03,555 --> 00:25:06,945 But, um, I'm sure there's a lot of different variations. 379 00:25:06,945 --> 00:25:10,725 A lot of folks have used it and done some coding with it and 380 00:25:10,725 --> 00:25:12,015 made different variations of it. 381 00:25:12,525 --> 00:25:15,435 Um, I've seen some of them. 382 00:25:15,785 --> 00:25:18,135 I haven't seen all of them, but I've seen some of them. 383 00:25:18,735 --> 00:25:20,925 And I liked the one that just gives me the lines. 384 00:25:20,925 --> 00:25:24,975 They would shoot for the targets they move throughout the day. 385 00:25:27,105 --> 00:25:30,315 And then finally wants to hire a lowest form deal while they'll pretty much 386 00:25:30,315 --> 00:25:34,275 give you a real good idea where the opposite to enter the daily range. 387 00:25:34,275 --> 00:25:37,125 And it doesn't always cap that daily range, but it gives 388 00:25:37,125 --> 00:25:38,175 you a good idea to hold for, 389 00:25:41,895 --> 00:25:44,565 um, will Williams percent RB. 390 00:25:46,575 --> 00:25:48,254 We'll be taught to us. 391 00:25:48,254 --> 00:25:51,795 Yes, they, are you going to using that when we talk about sentiment? 392 00:25:53,145 --> 00:25:54,735 That's the only reason why I use personal or 393 00:25:58,195 --> 00:26:03,895 yes, we'll be going over kids, uh, Asian rain, setups, agent sessions. 394 00:26:09,745 --> 00:26:17,725 Um, yeah, I'm not sure why my cursor shares up on, uh, I think it's probably 395 00:26:17,725 --> 00:26:25,075 a, um, an apple issue because anybody that uses a laptop or computer, they 396 00:26:25,075 --> 00:26:30,205 can see my mouse moving around, but on a smartphone or iPad, I usually get to 397 00:26:30,205 --> 00:26:32,034 folks saying they can't see my cursor. 398 00:26:41,985 --> 00:26:47,415 Yes, John, I used the daily line box, um, empty for indicator, but 399 00:26:47,835 --> 00:26:49,425 we ain't got to that part yet. 400 00:26:52,225 --> 00:26:54,955 Get to understand what I'm looking for to even use those things. 401 00:27:19,300 --> 00:27:19,750 Good job. 402 00:27:19,780 --> 00:27:21,430 I'll see a lot of you actually participated, 403 00:27:26,830 --> 00:27:28,990 took really little time at all off me to throw it together 404 00:27:28,990 --> 00:27:29,830 and put it up on the forum. 405 00:27:30,220 --> 00:27:34,720 I actually prefer that going into a long-winded video. 406 00:27:45,250 --> 00:27:46,900 Um, 407 00:27:58,330 --> 00:28:01,060 it's the first of the month occurs on Wednesday, Friday. 408 00:28:01,060 --> 00:28:03,220 We will see regular price action. 409 00:28:06,960 --> 00:28:07,320 Okay. 410 00:28:07,620 --> 00:28:10,530 You have to start the month begins on a Wednesday through Friday. 411 00:28:11,040 --> 00:28:12,540 Are we going to see normal price action guide? 412 00:28:12,540 --> 00:28:13,080 That looks the same? 413 00:28:13,410 --> 00:28:19,110 Um, you'll find that it generally will, but always be in the lookout 414 00:28:19,110 --> 00:28:20,250 for the first week of every month. 415 00:28:20,820 --> 00:28:24,360 There being narrow consolidation days until we get into like 416 00:28:24,360 --> 00:28:25,650 non-farm payroll in that business. 417 00:28:25,680 --> 00:28:30,300 But generally you're going to see that, uh, and I've been me a liar 418 00:28:31,350 --> 00:28:34,080 in recent months because of there's been a lot more volatility than. 419 00:28:35,025 --> 00:28:39,075 And Raj and other ones in my, in my group will make, make a point to 420 00:28:39,105 --> 00:28:42,135 remind me that it's supposed to be this way, but we're seeing the opposite. 421 00:28:42,765 --> 00:28:44,925 Now we're seeing, you know, what would be normally expected. 422 00:28:45,105 --> 00:28:47,715 So this is the general rule of thumb. 423 00:28:47,715 --> 00:28:50,805 You expect this type of price action, but since we're, short-term, intra-day 424 00:28:50,805 --> 00:28:52,335 scalping, it doesn't make a difference. 425 00:28:52,335 --> 00:28:54,495 We should be able to find something, but today it's, didn't move around enough. 426 00:28:56,485 --> 00:28:59,575 Not a losing day, not a winning day, just couldn't get us any kind of movement. 427 00:29:08,215 --> 00:29:14,095 Uh, the reason why I outlined the long on the dollar is the buy stock. 428 00:29:14,125 --> 00:29:17,365 You can see here on the left-hand corner, it's being outlined the 429 00:29:17,665 --> 00:29:18,925 two days to two highs up here. 430 00:29:19,435 --> 00:29:24,415 I think that the larger drawing price, I think there's more influence at see 431 00:29:24,415 --> 00:29:28,254 price go up there either to fill the gap or to go up there and run their stuff. 432 00:29:28,254 --> 00:29:30,685 And then if we're going to go lower, they could take it lower after that. 433 00:29:31,315 --> 00:29:37,075 And no one will, no one would be in the market taking profits as it goes 434 00:29:37,075 --> 00:29:43,105 lower because they'll knock them out by going up above these by stuffs Len 435 00:29:43,105 --> 00:29:46,165 take it lower, but either way, whether they go up there to reverse it or go 436 00:29:46,165 --> 00:29:47,575 up there to close the gap on dollar. 437 00:29:48,625 --> 00:29:53,065 That's enough for me to see bullishness on the near term to 438 00:29:53,065 --> 00:29:54,895 facilitate a short in Barranca. 439 00:29:58,245 --> 00:30:00,905 So that was a real, that was the largest real draw on it. 440 00:30:00,905 --> 00:30:02,295 And I'm just looking for the liquidity right now. 441 00:30:02,865 --> 00:30:04,395 The profile we're in is consolidation. 442 00:30:04,395 --> 00:30:06,915 So you have to look above the highs and you have to look below the lows. 443 00:30:07,305 --> 00:30:12,165 And we basically worked all the sell stocks below here with this low here, 444 00:30:12,675 --> 00:30:16,935 this low has been taken out and we haven't yet really worked a lot of the buy stuff. 445 00:30:16,995 --> 00:30:20,985 This is a high, a lower high equal high, lower high. 446 00:30:21,495 --> 00:30:28,785 So the liquidity is going to be seen best suited for rating in the form of 447 00:30:28,785 --> 00:30:33,765 the buy styles on the highest on the 26th and 27th of April on the dollar. 448 00:30:45,445 --> 00:30:46,255 I appreciate that, Joe. 449 00:30:47,125 --> 00:30:52,945 Um, I think I've answered that question already about why Kilda 450 00:30:53,665 --> 00:30:56,305 largely for buying profile for all the it's already been mentioned 451 00:31:02,715 --> 00:31:03,435 Tuesday. 452 00:31:03,435 --> 00:31:05,925 Hi, the weekend, all the us dollar. 453 00:31:05,925 --> 00:31:09,165 Any thoughts to reach the daily fair value get below the market? 454 00:31:10,515 --> 00:31:14,925 Uh, as I mentioned earlier, I don't have opinion on Aussie Aussie has. 455 00:31:17,725 --> 00:31:20,544 Owned me in recent weeks. 456 00:31:20,544 --> 00:31:24,985 So, um, I'm going to stick to this as a, as a trophy when 457 00:31:25,594 --> 00:31:27,235 I'm going to be done with it. 458 00:31:27,375 --> 00:31:30,925 I, I called the buy staff and wanting this to be the objective. 459 00:31:30,945 --> 00:31:31,675 So now it's done that. 460 00:31:31,675 --> 00:31:32,574 So I'm moving to sidelines. 461 00:31:33,264 --> 00:31:35,245 There's autistic waiting for me to get in here and trade it again. 462 00:31:44,455 --> 00:31:52,225 Um, yes, you will be learning index trading and it's not 463 00:31:52,225 --> 00:31:53,215 just the day change stuff. 464 00:31:53,215 --> 00:31:57,385 I'll teach you that the same scenarios is condensed with positions 465 00:31:57,385 --> 00:31:59,725 short-term swinging and atrium 466 00:32:06,604 --> 00:32:07,504 regarding New York. 467 00:32:07,504 --> 00:32:12,334 Are we considering what London did in terms of initial swing up down 468 00:32:12,334 --> 00:32:14,854 central bank dealers range, et cetera. 469 00:32:14,945 --> 00:32:15,665 All right, Christian. 470 00:32:15,725 --> 00:32:21,185 Um, as I outlined earlier and pretty much the scenario that was outlined 471 00:32:21,185 --> 00:32:28,564 in the chart for our case study for this past night, there was really no, 472 00:32:28,685 --> 00:32:33,455 uh, there was no other information that I needed to go on because of 473 00:32:33,455 --> 00:32:34,655 the profile that we're trading in. 474 00:32:35,375 --> 00:32:36,754 We're in a large consolidation. 475 00:32:38,375 --> 00:32:41,044 We look for liquidity above the marketplace and below the place. 476 00:32:41,375 --> 00:32:42,965 So I didn't have any. 477 00:32:43,785 --> 00:32:50,145 Use for central bank dealers range because I know where the stops are and I'm playing 478 00:32:50,145 --> 00:32:51,705 that more than not doing anything else. 479 00:32:51,745 --> 00:32:54,855 If you do all your projections, there really wasn't much in terms 480 00:32:54,855 --> 00:32:57,585 of the Asian range or central bank dealers rank to alert you 481 00:32:57,585 --> 00:32:59,925 to anything for the dollar index. 482 00:33:00,435 --> 00:33:03,885 So that's why I didn't use the price swing on this low up to this 483 00:33:03,885 --> 00:33:06,555 high, with the expectation they were going to expand up and take the buy 484 00:33:06,645 --> 00:33:08,565 off on the 26th and 27th of April. 485 00:33:09,405 --> 00:33:12,915 So I would want to see a retracement down and that will be enough to put us 486 00:33:12,915 --> 00:33:14,835 into a discount and then see expansion. 487 00:33:14,865 --> 00:33:15,525 We've seen it. 488 00:33:15,645 --> 00:33:19,275 We just didn't see any volatility beyond that, but you'll find it. 489 00:33:19,275 --> 00:33:22,455 This is what the scenario is seen as we outlined each day, this month 490 00:33:22,455 --> 00:33:26,625 and going forward when we have these intraday price swings and the 491 00:33:26,625 --> 00:33:29,595 previous day and a daily bias of where we think price is going to go. 492 00:33:30,315 --> 00:33:34,725 When these overlap with all the other PDAs, it's like magic, it really is. 493 00:33:34,725 --> 00:33:37,725 It's like perfect Swiss craftsmanship. 494 00:33:37,815 --> 00:33:38,715 It just hits. 495 00:33:38,735 --> 00:33:40,305 It goes the other direction. 496 00:33:40,845 --> 00:33:41,175 He goes, right. 497 00:33:41,175 --> 00:33:42,045 Where you think it's going to go? 498 00:33:44,985 --> 00:33:46,095 Um, 499 00:33:50,935 --> 00:33:53,915 yeah, I thought this was going to go though or two, I thought, ah, you're a 500 00:33:53,935 --> 00:33:56,965 dollars sell stocks will be taken here. 501 00:33:56,965 --> 00:34:00,205 And if it did that, it's really easy to little gap the closing. 502 00:34:02,004 --> 00:34:05,665 So that's still a scenario we're looking for, unless we get 503 00:34:05,935 --> 00:34:07,315 ridiculous and go straight up. 504 00:34:07,615 --> 00:34:08,215 I can't see that. 505 00:34:16,850 --> 00:34:18,210 A lot of comments. 506 00:34:18,360 --> 00:34:19,620 I like these exercises. 507 00:34:20,460 --> 00:34:21,900 Can we keep going as well? 508 00:34:21,900 --> 00:34:24,330 That's pretty much the first two weeks of this month, we're 509 00:34:24,330 --> 00:34:25,350 going to do things like this. 510 00:34:29,360 --> 00:34:31,580 Am I considering FLMC and non-farm payroll? 511 00:34:31,610 --> 00:34:34,429 Yes, but we still had to take set ups. 512 00:34:34,429 --> 00:34:36,170 That may be, or there may be there. 513 00:34:39,860 --> 00:34:43,909 Is there any news we should not have as a, okay, let me read that again. 514 00:34:44,870 --> 00:34:49,280 If there is news, should we not have a bigger stock rather than 33 pips? 515 00:34:49,639 --> 00:34:52,730 Well, I'm not suggesting that you put 33 pips on. 516 00:34:52,969 --> 00:34:53,719 I'm just telling you. 517 00:34:53,929 --> 00:34:55,370 When I was asked, what was my stop? 518 00:34:55,790 --> 00:35:00,750 It was 33 pips above the opening price, because I didn't believe 519 00:35:00,750 --> 00:35:07,080 that we would see a significant rally up above this high at all. 520 00:35:08,070 --> 00:35:09,810 And, but it did just poke his head above it. 521 00:35:10,410 --> 00:35:16,620 That would have been a turtle suit, but I waited for that returned back up 522 00:35:16,620 --> 00:35:23,070 into that level there that we outlined in the chart shared on the form before 523 00:35:23,160 --> 00:35:30,750 London even came in ideal, your stops should have been about 50% of the 524 00:35:30,750 --> 00:35:34,710 five-year average daily range, or like where, like I'm indicating here. 525 00:35:35,110 --> 00:35:36,180 You already learned this in a mental. 526 00:35:37,020 --> 00:35:41,250 The average daily range is average, a hundred pips, one 30 average daily 527 00:35:41,250 --> 00:35:46,800 range generally will be the cap on the, uh, the open up for down close. 528 00:35:47,130 --> 00:35:50,790 So from the opening to the high today, generally doesn't want to go more 529 00:35:50,790 --> 00:35:57,000 than 33 pips or 33% rather of the last five days, average daily range. 530 00:35:57,010 --> 00:35:58,710 We've got a small average daily range. 531 00:35:59,400 --> 00:36:00,360 We can't use that. 532 00:36:00,660 --> 00:36:04,110 So I felt really competent at 33 Crips in his favor in this point 533 00:36:04,110 --> 00:36:08,430 would be favorable, but you'll have all the conditions given to you. 534 00:36:08,430 --> 00:36:13,620 Why you be looking for this or that in terms of your stop, don't be in 535 00:36:13,620 --> 00:36:15,660 a hurry to try to get it all now because there's a lot of things we 536 00:36:15,660 --> 00:36:17,340 have to worry about before that comes. 537 00:36:43,360 --> 00:36:44,170 What about blending? 538 00:36:44,230 --> 00:36:47,410 12:00 AM London and 12:00 AM, New York price. 539 00:36:48,490 --> 00:36:53,020 Um, well again, you're asking things that will be taught in the lessons. 540 00:36:53,260 --> 00:36:58,300 So I was asking specifically about this set up, that we outlined today. 541 00:37:14,675 --> 00:37:17,015 I don't know what they're going to do in terms of the interest rates, but if 542 00:37:17,015 --> 00:37:21,785 they do raise a mic, it would probably be another 25%, 25 basis points. 543 00:37:21,935 --> 00:37:23,255 I don't think it's going to be anything bigger than that. 544 00:37:25,805 --> 00:37:30,125 Now they may shock us and hit us with a half a percent later on, deeper in a year. 545 00:37:31,115 --> 00:37:35,945 But I think that probably will be in to like our September, August time period. 546 00:37:47,395 --> 00:37:50,395 Have you seen one without a Sunday candle? 547 00:37:51,105 --> 00:37:55,285 I'm assuming you're asking about a empty for platform without Sunday data. 548 00:37:56,875 --> 00:38:00,625 I don't know of any that have the dollar index. 549 00:38:00,895 --> 00:38:05,365 So if any of you are aware, uh, don't send it to me in the questions box. 550 00:38:05,365 --> 00:38:08,725 Just make a post of it in the forum and everyone I'm sure it 551 00:38:08,725 --> 00:38:10,015 will be greatly appreciated of it. 552 00:38:13,685 --> 00:38:15,515 Incidentally, let me toss this in there. 553 00:38:15,785 --> 00:38:19,835 Uh, I'm seeing other forums being posted and it's me. 554 00:38:19,835 --> 00:38:21,275 That's deleting those posts. 555 00:38:21,845 --> 00:38:24,245 I'm not advertising for another forum. 556 00:38:24,725 --> 00:38:27,755 Certainly not one that makes a case about bashing me. 557 00:38:28,385 --> 00:38:31,805 The guy makes the traffic income off of that stuff and I'm not 558 00:38:31,805 --> 00:38:32,785 feeding him by putting his. 559 00:38:33,720 --> 00:38:34,260 And my forum. 560 00:38:34,260 --> 00:38:38,090 So as name, that's the reason why your post the other day was deleted. 561 00:38:38,100 --> 00:38:38,700 I did that. 562 00:38:39,840 --> 00:38:42,630 So if you have anything over on those other forums, you're welcome 563 00:38:42,690 --> 00:38:47,370 to post those here, but I won't let anything get taken from here, like 564 00:38:47,370 --> 00:38:50,910 to baby pips or another, uh, form. 565 00:38:50,910 --> 00:38:52,080 I'm not letting that happen here. 566 00:39:03,430 --> 00:39:04,270 Um, 567 00:39:08,620 --> 00:39:11,530 is there a for each asset? 568 00:39:11,870 --> 00:39:15,310 No, no, that's a good question though. 569 00:39:15,730 --> 00:39:22,870 Uh, APTA is highly specific to just Forex, but the overall market manipulation ideas 570 00:39:23,440 --> 00:39:30,040 are generally across the board the same, but it is highly time sensitive and it's 571 00:39:30,040 --> 00:39:32,920 very heavy and specific characteristics. 572 00:39:41,820 --> 00:39:46,440 Um, do I like scalping the markets this month teaching? 573 00:39:46,920 --> 00:39:51,180 Um, I, I have done a lot of scalping in mind trading. 574 00:39:51,600 --> 00:39:57,300 I've done a lot of it, uh, but I learned that my way that fits my 575 00:39:57,300 --> 00:39:59,760 criteria as a trader in my lifestyle. 576 00:40:00,900 --> 00:40:02,550 Disposition is. 577 00:40:02,550 --> 00:40:05,700 I like to see what I think that we just going to do, and I want 578 00:40:05,700 --> 00:40:06,570 to trade in that direction. 579 00:40:06,570 --> 00:40:10,680 So if I'm, if I'm trading anything less than one shot, one kill, which is the 580 00:40:10,680 --> 00:40:13,980 short term idea of getting in either Monday, Tuesday, or Wednesday and 581 00:40:13,980 --> 00:40:16,680 holding for Thursdays New York open. 582 00:40:18,030 --> 00:40:19,770 And then I'm just going to be day trading in a direction. 583 00:40:19,770 --> 00:40:21,420 I think the weekly Grange will go. 584 00:40:22,200 --> 00:40:24,690 And if I don't get a real good set up for day trades, then yes, I will 585 00:40:24,690 --> 00:40:26,250 look for scalps in that direction. 586 00:40:26,340 --> 00:40:30,390 That's how I trade, but I don't want to force that on you because that's 587 00:40:30,390 --> 00:40:33,990 the worst thing a teacher can do is try to make you a carbon copy because 588 00:40:33,990 --> 00:40:38,190 then you'll, you'll probably miss out on a better approach to train to that. 589 00:40:38,200 --> 00:40:39,840 You've learned a lot already. 590 00:40:40,170 --> 00:40:43,380 So if you determine how you want to be a trader with this information, 591 00:40:43,980 --> 00:40:47,070 and I've had no influence, except for showing you the path to get to that, 592 00:40:47,700 --> 00:40:49,260 you'll be a far better trader than I am. 593 00:40:49,800 --> 00:40:54,630 And that's the goal, but you know, if there's nothing to do, and I 594 00:40:54,690 --> 00:40:56,970 absolutely feel like I want to be taking some participation in the 595 00:40:56,970 --> 00:40:58,590 marketplace and yes, I do scalp. 596 00:41:04,560 --> 00:41:07,860 If the dollar index broke above yesterday's high, would you feel 597 00:41:07,860 --> 00:41:10,260 confident it would run for the stops 598 00:41:15,150 --> 00:41:16,260 if we go above his high. 599 00:41:16,260 --> 00:41:21,600 Yes, that's exactly what I believe is going to go about April 26th and 27th. 600 00:41:21,600 --> 00:41:23,480 That was the whole outline for the, for the. 601 00:41:29,440 --> 00:41:33,670 Uh, when day trading buying and selling it PDA, you mean enter 602 00:41:33,670 --> 00:41:35,740 day discount and premium ones? 603 00:41:35,799 --> 00:41:40,900 Yes, because you're already working off of a hard time frame bias usually anyway, 604 00:41:41,259 --> 00:41:44,470 but when the markets are in consolidations like this, we're looking for liquidity. 605 00:41:45,130 --> 00:41:49,990 So essentially we're basically looking for expansion out of this 606 00:41:50,470 --> 00:41:54,160 large range that we created after that big gap down on the dollar. 607 00:41:54,580 --> 00:41:59,060 So there's a lot of liquidity up above those highs on the 26 and 27th of 608 00:41:59,060 --> 00:42:00,490 April that haven't been touched yet. 609 00:42:01,750 --> 00:42:05,319 And they've spent more time trying to go lower and they take out all the 610 00:42:05,319 --> 00:42:09,759 sell stocks below the marketplace, but they won't take it higher. 611 00:42:10,150 --> 00:42:15,819 So I think what they're doing is they're building a lot of volume on the buy side 612 00:42:16,540 --> 00:42:18,190 by keeping the scenario like it is here. 613 00:42:18,490 --> 00:42:23,350 So it, just, to me, it just looks like the majority of the money is on the buy side. 614 00:42:23,470 --> 00:42:25,990 So that means that they're going to take the dollar higher, even if it's 615 00:42:25,990 --> 00:42:29,920 going to be the lower longer term, it's in their favor to take it out 616 00:42:29,920 --> 00:42:33,910 there, neutralize those by stops profit on the way up, and then you're 617 00:42:33,920 --> 00:42:35,350 going to reject it and reverse it. 618 00:42:35,350 --> 00:42:36,279 That's the ideal scenario. 619 00:42:36,310 --> 00:42:38,200 Cause everyone's gonna look at it as a breakout to close the gap 620 00:42:39,490 --> 00:42:40,509 and it may not happen like that. 621 00:42:45,529 --> 00:42:46,549 Um, 622 00:42:52,860 --> 00:42:55,110 Yes, I'll be teaching you to London lunch. 623 00:42:55,500 --> 00:43:01,350 That's a couple of things that didn't get shared in April's content in day train 624 00:43:01,350 --> 00:43:03,299 that has overlap into your scalping. 625 00:43:04,590 --> 00:43:07,230 And that's part of it is that along the lines stuff. 626 00:43:15,450 --> 00:43:16,020 Uh, 627 00:43:22,779 --> 00:43:24,460 now there won't be any ranch in these sessions. 628 00:43:26,560 --> 00:43:29,049 Do you want us to do both entries or just one of them? 629 00:43:29,080 --> 00:43:30,340 I want you to do both of them. 630 00:43:31,870 --> 00:43:36,250 So now we're looking for a scenario like today, we were looking for a higher 631 00:43:36,250 --> 00:43:41,710 dollar and a lower Euro to the ideal practice session for you would have been 632 00:43:42,279 --> 00:43:45,430 get short at or near the opening price. 633 00:43:46,150 --> 00:43:49,090 Let's go with a, your dollar would be here. 634 00:43:49,090 --> 00:43:53,380 It gets get short here at this price level or something above it. 635 00:43:54,250 --> 00:43:54,380 Okay. 636 00:43:54,380 --> 00:43:55,870 It could be, Tampa has to be 20 pips. 637 00:43:56,290 --> 00:43:58,270 It could have been this high. 638 00:43:58,299 --> 00:44:01,029 Some of you that would have been more astute Santa Fe. 639 00:44:01,029 --> 00:44:05,500 Well, if I have the opening price and I'm looking for a rally up to sell into what 640 00:44:05,500 --> 00:44:07,960 happens, if it goes above the short-term high, that would be a good scenario. 641 00:44:08,770 --> 00:44:10,840 And that would have been almost basically what I did yesterday. 642 00:44:10,840 --> 00:44:14,890 Intraday by song about this short term high last night in London, 643 00:44:15,279 --> 00:44:16,540 you gonna use that as a scenario. 644 00:44:17,200 --> 00:44:17,680 That's what I'm saying. 645 00:44:19,020 --> 00:44:23,609 You're going to be encouraged to do different things, not the cookie cutter, 646 00:44:24,060 --> 00:44:26,970 but you're going to see what happens when we do a cookie cutter approach. 647 00:44:27,399 --> 00:44:29,910 The last two weeks of this month, you're going to be expected to do 648 00:44:29,910 --> 00:44:34,950 the very thing I do from the entry, the stop, the targets, they're all 649 00:44:34,950 --> 00:44:39,720 gonna be saying, and you want to see how it will feel stilted and wooden. 650 00:44:39,839 --> 00:44:42,779 You won't want to do that regardless of what the results are going to be. 651 00:44:43,140 --> 00:44:45,720 You're going to feel like you need to do this on your own. 652 00:44:45,779 --> 00:44:47,700 And that's the, that's the whole lesson behind it. 653 00:44:47,700 --> 00:44:50,370 Not that you make everything I make or lose what I lose. 654 00:44:50,729 --> 00:44:57,509 It's it's show you that you want to be more well fluid. 655 00:44:57,600 --> 00:44:59,939 You wanna be able to pick your own setups and that's what you're here for. 656 00:44:59,939 --> 00:45:00,330 Anyway. 657 00:45:00,390 --> 00:45:04,379 So for the first two weeks though, I want you to go and 658 00:45:04,379 --> 00:45:05,370 usually should already learn. 659 00:45:06,390 --> 00:45:09,390 And what I gave you last month in April is a gold mine. 660 00:45:09,990 --> 00:45:12,359 I mean, it's so many things you can do with that infant. 661 00:45:12,390 --> 00:45:16,200 With that information, you can trade just about every single trading day. 662 00:45:16,200 --> 00:45:20,640 There's something today we allotted for your dollar and it didn't move. 663 00:45:20,640 --> 00:45:23,370 So no harm, no foul just didn't move. 664 00:45:25,649 --> 00:45:27,299 But yes, you should be doing both entries 665 00:45:30,459 --> 00:45:35,649 and just use, uh, use the lowest leverage you can get. 666 00:45:36,189 --> 00:45:39,009 All we're trying to do is execute and work off of a plan. 667 00:45:39,069 --> 00:45:42,490 We're not trying to seize the amount of pips that would be rockstar level. 668 00:45:43,839 --> 00:45:45,220 We're not trying to do any kind of scaling. 669 00:45:45,220 --> 00:45:46,299 I think what it's looking for. 670 00:45:47,549 --> 00:45:49,200 And I'm taking profit at a logical level. 671 00:45:57,580 --> 00:46:01,000 Um, can I go over the Euro scalp again? 672 00:46:01,930 --> 00:46:02,770 Did I do yesterday? 673 00:46:03,549 --> 00:46:06,400 There's a one here, Billy. 674 00:46:06,400 --> 00:46:10,330 I think it's so many questions it's happened since that one. 675 00:46:10,330 --> 00:46:12,460 So I'm going to assume that's what you're talking about, but 676 00:46:17,589 --> 00:46:22,359 the dollar index, we outlined this level here yesterday, but a fair value gap. 677 00:46:23,259 --> 00:46:27,759 So we hit that level and which I think the fill, we always 678 00:46:27,759 --> 00:46:29,799 have a reasonable expectation that it's going to be a bounce. 679 00:46:30,040 --> 00:46:37,870 So that was the idea as it hit that, as it hit this, I was already looking 680 00:46:37,870 --> 00:46:41,620 at this high and I didn't believe that we would see a continuation up in Euro. 681 00:46:41,620 --> 00:46:46,480 So once we poke their head above that at the market, I sold short and you can see, 682 00:46:46,480 --> 00:46:47,680 I deleted some of that stuff in days. 683 00:46:47,680 --> 00:46:48,490 There's little things here. 684 00:46:49,480 --> 00:46:50,319 I'll take them off. 685 00:46:55,210 --> 00:47:01,569 I always forget them things that the, uh, the trade is, you know, based on the fact 686 00:47:01,569 --> 00:47:05,529 that we weren't going to most likely see any upside as the dollar hit that level. 687 00:47:05,529 --> 00:47:07,779 We outlined in New York session live yesterday. 688 00:47:08,980 --> 00:47:12,069 So if you see support coming in and a dollar resistance should be 689 00:47:12,069 --> 00:47:15,310 coming in, in the form of the Euro dollar, what better way of doing it? 690 00:47:15,460 --> 00:47:15,710 Selling. 691 00:47:16,830 --> 00:47:17,400 And there you go. 692 00:47:19,290 --> 00:47:21,300 Lots of that type of stuff happening in today. 693 00:47:21,540 --> 00:47:23,970 So you can really build your confidence up with turtle soup 694 00:47:24,120 --> 00:47:25,920 scenarios, and then look at this Euro. 695 00:47:25,980 --> 00:47:26,580 Good grief. 696 00:47:27,630 --> 00:47:33,930 Can you imagine if every day was like this in Euro, I'd blow my brains out. 697 00:47:37,630 --> 00:47:38,680 Um, 698 00:47:42,400 --> 00:47:44,110 Tuesday I did that question. 699 00:47:44,980 --> 00:47:47,140 Uh, they know they are 700 00:47:51,290 --> 00:47:53,840 kind of says, uh, they know I'm teaching Scouts and they're trying to 701 00:47:53,840 --> 00:47:55,370 keep it in an air consolidations now. 702 00:47:57,860 --> 00:47:58,550 Oh man, 703 00:48:02,840 --> 00:48:08,030 can we, can we discuss today's Judas in Aussie closed and it 704 00:48:08,030 --> 00:48:12,020 closed an old daily gap Leo, right? 705 00:48:17,260 --> 00:48:18,610 I don't want to change the timeframe. 706 00:48:18,610 --> 00:48:20,380 I want to keep it on these 15 minute timeframes. 707 00:48:21,010 --> 00:48:25,240 So let's take a look at RT on a daily. 708 00:48:37,930 --> 00:48:42,100 I don't see a gap on the daily, not today. 709 00:48:47,805 --> 00:48:50,745 Yeah, I'm assuming you're probably thinking this little portion of this 710 00:48:50,745 --> 00:48:54,285 down candle, but that's already been bounced out because this candle is low. 711 00:48:55,395 --> 00:48:58,005 And again, I'm taking great Liberty here, assuming that's what you're thinking of. 712 00:48:58,545 --> 00:49:02,295 The low comes in at 75, 47 on this last up-close candle. 713 00:49:02,715 --> 00:49:06,765 And this candle is high comes in at 75 51. 714 00:49:07,215 --> 00:49:09,345 So this actually went above this candle as low. 715 00:49:09,355 --> 00:49:14,465 So this is all been, this has been balanced out, so 716 00:49:14,465 --> 00:49:15,245 that wouldn't be anything. 717 00:49:15,245 --> 00:49:19,265 It would be more appropriate to his view that as it returned back to the last up 718 00:49:19,265 --> 00:49:29,225 close, which would be for the open rather open it 75 57 today's high, 75, 86. 719 00:49:29,225 --> 00:49:33,035 There's only one PIP away from that dark close is more appropriate 720 00:49:33,035 --> 00:49:35,315 there than assuming this is a gap because it's not a gap. 721 00:49:41,705 --> 00:49:48,945 Um, Ken is moving, eh, it's nice to see something moving. 722 00:49:52,275 --> 00:49:52,455 Yeah. 723 00:49:52,455 --> 00:49:53,355 I don't think this is done. 724 00:49:53,445 --> 00:49:56,645 I think it's gone more. 725 00:49:56,645 --> 00:50:01,175 But to what level, I'm not sure what's going on on a higher timeframe to take 726 00:50:01,175 --> 00:50:05,885 a Gander at say a walk at a weekly chart when you look at them in a while. 727 00:50:10,175 --> 00:50:10,355 Okay. 728 00:50:10,355 --> 00:50:10,895 We have a break. 729 00:50:15,920 --> 00:50:17,240 I ain't said that word in a long time. 730 00:50:20,860 --> 00:50:26,986 Shall we could see longer-term on Delta CAD and get the Stanley 1 731 00:50:26,986 --> 00:50:32,020 38, 10, 1 38 big figure to about a hundred pips, more on the upside. 732 00:50:32,140 --> 00:50:33,040 It could potentially go. 733 00:50:35,020 --> 00:50:36,610 He charges you classic chart. 734 00:50:36,610 --> 00:50:37,030 Guys. 735 00:50:37,540 --> 00:50:38,630 See a bull flag here. 736 00:50:38,680 --> 00:50:40,330 I'll say would overlap a that as well. 737 00:50:42,750 --> 00:50:44,700 If we look at the range defined on 738 00:50:48,540 --> 00:50:48,930 here, 739 00:50:56,430 --> 00:51:00,090 uh, that also, this takes us up to the 62% retracement level. 740 00:51:00,120 --> 00:51:02,460 So we're above equilibrium now. 741 00:51:04,080 --> 00:51:07,650 So 62% trace on mobile is essentially here. 742 00:51:08,970 --> 00:51:10,170 So 1 38 30 743 00:51:13,740 --> 00:51:15,600 says it overlapping with the breaker as well. 744 00:51:15,600 --> 00:51:21,300 Still close on that candle comes in at 1 30, 35. 745 00:51:21,300 --> 00:51:26,040 So yeah, 1 30, 35 looks like it could be a doable to about a hundred 746 00:51:29,450 --> 00:51:32,090 starting pips or so more on the outside. 747 00:51:40,605 --> 00:51:47,115 Uh, am I looking for the seasonal high in may around one 10 would be sexy, 748 00:51:47,115 --> 00:51:51,225 says spread, um, through the Euro. 749 00:51:51,255 --> 00:51:55,395 I would like it to just give me the logical run, CIF, 750 00:51:55,395 --> 00:51:56,535 liquidity preference points. 751 00:51:57,405 --> 00:52:00,165 Once it gets to those, then I'll look at the long-term. 752 00:52:00,165 --> 00:52:01,605 But right now it just makes perfect sense. 753 00:52:01,605 --> 00:52:07,035 What on the continent come down and take that if it rallies from here 754 00:52:07,905 --> 00:52:13,905 that doesn't do me any, any help, it doesn't provide any kind of insight to 755 00:52:13,905 --> 00:52:18,225 me because it makes more sense for me to see this go down for the south side 756 00:52:18,225 --> 00:52:19,845 liquidity, then to go up from here. 757 00:52:21,705 --> 00:52:24,945 And if this thing just bleeds lower later on and goes down to where I thought 758 00:52:24,975 --> 00:52:27,585 I'm going to be upset, I'm literally going to punch him out of there today. 759 00:52:29,835 --> 00:52:30,165 No man. 760 00:52:30,185 --> 00:52:30,555 I'll do that. 761 00:52:37,245 --> 00:52:39,495 Will I be talking binary options? 762 00:52:40,545 --> 00:52:45,585 Uh, hell to the note, don't do anything with the binary options. 763 00:52:45,585 --> 00:52:51,345 Now I noticed the pop, those things up all the time as my ads 764 00:52:51,345 --> 00:52:54,615 on YouTube, but I don't touch them. 765 00:52:54,615 --> 00:52:55,515 I don't know anything about them. 766 00:52:55,515 --> 00:52:56,625 I don't have any experience and I don't want. 767 00:53:00,965 --> 00:53:06,035 Did you want us to see what you showed us in Aussie yesterday for a Euro? 768 00:53:08,695 --> 00:53:11,605 I'm not sure what you mean by that. 769 00:53:11,605 --> 00:53:11,995 Muhammad. 770 00:53:20,785 --> 00:53:25,405 If I skip June's content to contract and trait on short-term trading, 771 00:53:25,495 --> 00:53:30,295 will I be missing out or is it okay to come back to it at a later time? 772 00:53:30,325 --> 00:53:34,105 You definitely going to want to reference it because I pull a lot of information. 773 00:53:34,105 --> 00:53:41,485 That's intermarket analysis based to helps with larger sustained price swings. 774 00:53:42,385 --> 00:53:45,025 And if we understand what they are on a higher timeframe, it makes 775 00:53:45,025 --> 00:53:48,835 trading on the lower timeframe and short-term trading far easier. 776 00:53:50,365 --> 00:53:52,405 So I don't think it's something you should skip. 777 00:53:52,495 --> 00:53:56,035 It's it's placed in a logical order of importance. 778 00:53:56,725 --> 00:54:02,665 So if you're going to take my advice, it's the go through the order of 779 00:54:02,665 --> 00:54:04,585 everything and don't skip anything. 780 00:54:11,325 --> 00:54:16,275 Why did I choose the IRO instead of cable yesterday? 781 00:54:17,205 --> 00:54:20,985 Uh, it made sense for me that there was no movement upside on 782 00:54:21,435 --> 00:54:24,735 Euro and H stress that already Mr. 783 00:54:24,735 --> 00:54:25,635 Dollar hit that fair value. 784 00:54:26,995 --> 00:54:30,524 It's just it's perfect time of day for it to see what we saw was hero. 785 00:54:30,915 --> 00:54:37,064 I actually, it was only looking for, um, about 10 pips really to love 786 00:54:37,064 --> 00:54:40,334 movement, but as it broke down, I looked a little bit further out and 787 00:54:40,334 --> 00:54:46,634 thought that maybe we would see 1 0 8 90, so you can see my, uh, my limit 788 00:54:46,634 --> 00:54:48,645 orders were below that to get out. 789 00:54:48,645 --> 00:54:54,615 So it would have to go down to 1 0 8 87, and that would have been a 790 00:54:54,615 --> 00:54:58,334 run on this low here on easy close, but we couldn't find our way lower, 791 00:55:04,654 --> 00:55:05,854 uh, 792 00:55:17,944 --> 00:55:20,345 a lot of comments, not a repeat. 793 00:55:20,345 --> 00:55:21,185 So the Terminus. 794 00:55:43,395 --> 00:55:43,754 Yeah. 795 00:55:44,415 --> 00:55:45,524 Do me a favor guys. 796 00:55:45,524 --> 00:55:49,245 If you made a comment, if you posted it twice, kind of leave it at that 797 00:55:51,104 --> 00:55:53,615 because I see a lot on my like three and four times at the same. 798 00:55:54,720 --> 00:55:56,340 And just pushes other questions. 799 00:56:00,190 --> 00:56:01,070 I didn't see it. 800 00:56:02,180 --> 00:56:02,720 Um, 801 00:56:06,160 --> 00:56:12,880 will you go into detail about time related stops, otherwise known AKA, 802 00:56:13,600 --> 00:56:18,580 if there is no movement to specific hour, we class the trade like today, 803 00:56:20,170 --> 00:56:25,990 you're going to learn the protocols that will call you on a class of trade. 804 00:56:25,990 --> 00:56:26,320 Yes. 805 00:56:26,830 --> 00:56:32,050 There's conditions that I use that pretty much are consistent. 806 00:56:32,090 --> 00:56:35,140 There's nothing that, you know, you're not going to be able to 807 00:56:35,140 --> 00:56:38,200 have a hard time following as a basis to kill your own trade. 808 00:56:41,300 --> 00:56:44,060 Does this scout method work on stocks and indices? 809 00:56:44,060 --> 00:56:44,840 There's some overlap. 810 00:56:44,840 --> 00:56:48,080 Yes, but the specific times and characteristics are 811 00:56:48,530 --> 00:56:50,210 heavily slanted for cortex. 812 00:56:50,870 --> 00:56:54,500 When I teach you the day trading of the S and P 500 and bonds, you'll 813 00:56:54,500 --> 00:56:55,820 see that they're really simple. 814 00:56:56,060 --> 00:57:01,730 I mean, there's far more things in Forex to be drawing your attention to than 815 00:57:01,730 --> 00:57:04,640 it is for stock in a season for bonds. 816 00:57:07,530 --> 00:57:12,960 But I had to add to actually do a teachings from my other screens. 817 00:57:13,050 --> 00:57:14,420 So I have to come up with a way of doing that. 818 00:57:14,430 --> 00:57:18,360 Cause I'm not linking my live sessions through that computer. 819 00:57:18,360 --> 00:57:19,200 I'm not doing any of that. 820 00:57:19,200 --> 00:57:22,130 So I might have to do a lot of that work was prerecorded. 821 00:57:22,140 --> 00:57:22,230 So. 822 00:57:26,450 --> 00:57:27,710 Uh, pepper stone. 823 00:57:27,710 --> 00:57:32,779 I'm assuming that Ben is one that has no gaps or no Sunday candle, 824 00:57:32,810 --> 00:57:37,640 but with dollar index, I think it's probably what you're responding. 825 00:57:37,640 --> 00:57:38,000 If you are. 826 00:57:38,000 --> 00:57:41,060 I appreciate that this cost that onto the form. 827 00:57:41,060 --> 00:57:43,460 If you don't mind, is it I'm sure that question is going to repeat 828 00:57:52,529 --> 00:57:54,930 this custom time axis. 829 00:57:54,960 --> 00:57:59,250 We'll plot below your chart, your local time GMT and access. 830 00:58:00,450 --> 00:58:02,250 I'm sorry, Asian and European sessions. 831 00:58:03,120 --> 00:58:05,520 All the news around the world pertain to the markets. 832 00:58:05,580 --> 00:58:08,879 It also has a global cursor from multiple charts. 833 00:58:08,910 --> 00:58:11,700 The cost causes $49 with lifetime license. 834 00:58:11,700 --> 00:58:12,660 It has helped me. 835 00:58:16,129 --> 00:58:20,720 It has helped me with the time difference. 836 00:58:21,200 --> 00:58:26,759 So it might be useful to some of the members, they shared a link, but, uh, 837 00:58:28,370 --> 00:58:29,870 I'll just encourage you to the recording. 838 00:58:29,870 --> 00:58:32,690 Cause I know you already left Steven, but uh, just post on the 839 00:58:32,930 --> 00:58:34,669 forum and we'll take a look at it. 840 00:58:35,600 --> 00:58:38,450 I'm not promoting any cause I will know what it is, but I just I'll 841 00:58:38,450 --> 00:58:43,700 take a look at what have you sent in terms of a link that's ex pro has 842 00:58:43,700 --> 00:58:45,950 no Sunday candle and dollar index. 843 00:58:46,339 --> 00:58:47,060 Thank you, Frankie. 844 00:58:48,859 --> 00:58:49,490 Can you do me a favor? 845 00:58:49,490 --> 00:58:50,089 Can you put that on. 846 00:58:51,075 --> 00:58:54,435 So people can get to go to a link that appreciate that. 847 00:59:04,535 --> 00:59:06,935 Can you ignore the news with these setups? 848 00:59:07,115 --> 00:59:08,585 And can you ignore the news? 849 00:59:10,975 --> 00:59:16,795 Yeah, it's a repeat the, the news is going to actually going to be a driver 850 00:59:16,795 --> 00:59:22,225 many times, but today there's been an absence of any kind of news and you 851 00:59:22,225 --> 00:59:25,615 can see that everybody else is pretty much doing the same thing sleeping in. 852 00:59:30,935 --> 00:59:37,645 I do not like other forms because they allow others to, uh, talk smack, 853 00:59:37,645 --> 00:59:39,835 but they would love me to put my content back on their forum though. 854 00:59:40,705 --> 00:59:43,375 So, no, I'm not, I'm not giving them income for traffic. 855 00:59:44,755 --> 00:59:49,825 That's why I'm taking the free tutorial stuff off my website and revamping 856 00:59:49,825 --> 00:59:52,855 it, adding a couple of little things in here and justify why I'm taking 857 00:59:52,855 --> 00:59:56,065 away the form that I stupidly. 858 00:59:56,125 --> 00:59:59,035 I don't even know why and put it up here, but 859 01:00:05,395 --> 01:00:07,285 how do I know about APTA? 860 01:00:08,935 --> 01:00:12,445 That is a discussion that won't be talked about here, but 861 01:00:12,475 --> 01:00:14,935 I've given you exercises and. 862 01:00:17,620 --> 01:00:21,520 Samplings, if you will, of how I came to them, understanding what it is. 863 01:00:26,150 --> 01:00:31,370 Are we supposed to ask questions like 20 times a year, you're supposed to do both. 864 01:00:31,790 --> 01:00:40,540 When we use the, uh, case studies, you'd be entering at this air GMT open for 865 01:00:40,550 --> 01:00:45,230 want to limit basis, or as it moves away from that opening price relative to the 866 01:00:45,230 --> 01:00:47,330 time or direction you're looking for. 867 01:00:49,250 --> 01:00:50,660 I'm watching the stock market. 868 01:00:50,800 --> 01:00:53,390 I want to, like I said, I want it, I'd rather see it rally up into July. 869 01:00:53,900 --> 01:00:55,760 It makes it sense for the seasonally make a high. 870 01:00:56,330 --> 01:00:58,640 So the first two weeks of July will, I'm really going to be paying more 871 01:00:58,640 --> 01:00:59,990 attention to the equity market then. 872 01:01:00,650 --> 01:01:03,350 So I don't care what it's doing, but I will be really 873 01:01:03,350 --> 01:01:06,650 caring a lot about the equities. 874 01:01:06,650 --> 01:01:07,910 About the second week of June. 875 01:01:07,970 --> 01:01:10,220 We'll be looking at them at least once or twice a week. 876 01:01:18,260 --> 01:01:24,050 Um, I'm not finding trading as fun as I did when I was younger. 877 01:01:25,010 --> 01:01:28,850 Um, it's a little bit more frustrating now because the markets 878 01:01:28,850 --> 01:01:34,100 are just, they're not, they're not, uh, they're not moving enough. 879 01:01:34,440 --> 01:01:35,750 There's not enough movement. 880 01:01:37,670 --> 01:01:38,120 And I like it. 881 01:01:38,150 --> 01:01:39,110 I like a fast market. 882 01:01:39,470 --> 01:01:41,780 I like the market is gyrating a lot. 883 01:01:42,140 --> 01:01:44,150 It doesn't have to be directly. 884 01:01:45,060 --> 01:01:47,190 Based like it's more on one side or the other. 885 01:01:47,220 --> 01:01:50,670 It could just be going all over the place up and down, but bigger ranges. 886 01:01:50,760 --> 01:01:51,540 And we're not seeing it. 887 01:01:51,630 --> 01:01:59,040 We've seen a big compression in volatility and just see one or 888 01:01:59,040 --> 01:02:02,700 two days where it moves a lot and it doesn't do anything else. 889 01:02:03,270 --> 01:02:06,390 So to answer your question, it's not fun for me right now. 890 01:02:06,960 --> 01:02:08,500 It has been, it's been fun in the past. 891 01:02:08,520 --> 01:02:12,240 It'll be fun again, but no, right now I'm not enjoying myself. 892 01:02:13,560 --> 01:02:14,310 No, not at all. 893 01:02:14,850 --> 01:02:15,930 I'm enjoying teaching. 894 01:02:16,680 --> 01:02:19,650 I like that because I get to relive everything I've done before. 895 01:02:19,650 --> 01:02:24,720 But nonetheless, now there's nothing in terms of fun right 896 01:02:24,720 --> 01:02:25,680 now about these markets. 897 01:02:30,590 --> 01:02:33,530 When will you be telling us the times of the central bank dealers 898 01:02:33,530 --> 01:02:36,050 range for all is Ian and TV. 899 01:02:36,200 --> 01:02:38,570 You have all that stuff in one slide. 900 01:02:39,440 --> 01:02:44,720 If I'm not mistaken, uh, I'm not sure where I got to take a look 901 01:02:44,720 --> 01:02:47,270 at my notes where it's in it, but it's in it's in this month. 902 01:02:47,270 --> 01:02:49,580 Content it's all explained just in one slide. 903 01:02:53,690 --> 01:02:55,730 No, we supposed to be doing those centuries. 904 01:02:57,380 --> 01:02:58,520 I saw your question, Jacob, 905 01:03:06,740 --> 01:03:08,720 how do you use the Sunday gap size? 906 01:03:08,720 --> 01:03:11,780 The proper size percentage wise for swing. 907 01:03:12,645 --> 01:03:17,564 For example, 100%, 75% of 50% stop from an entry gap size. 908 01:03:20,875 --> 01:03:21,355 Hmm. 909 01:03:23,035 --> 01:03:25,165 I don't know how to answer that question because I don't know 910 01:03:25,165 --> 01:03:27,084 what you're asking in specific. 911 01:03:28,955 --> 01:03:33,395 How do we use the Sunday gap to size the proper? 912 01:03:34,444 --> 01:03:34,745 Okay. 913 01:03:34,774 --> 01:03:39,245 I'm assuming you're trying to trade on Sunday and if you are don't, but 914 01:03:47,105 --> 01:03:49,444 let me think about what you're asking here, cause I'm sure you probably 915 01:03:49,444 --> 01:03:51,274 are wanting to re-type it now. 916 01:03:51,424 --> 01:03:55,865 So I'm going to try to save you the time doing it, assuming that you're looking 917 01:03:55,865 --> 01:04:00,424 for a stop and how much do you use because you don't want to get clipped 918 01:04:00,435 --> 01:04:05,645 because of the gap on Sunday that a $1, 919 01:04:09,504 --> 01:04:14,634 because of the consolidation we're in right now, I didn't expect much upside. 920 01:04:15,504 --> 01:04:18,685 So the stock doesn't have to be a full five, eight hours daily range, 921 01:04:19,194 --> 01:04:21,475 but that would be used if you're a position trader or a swing trader. 922 01:04:22,194 --> 01:04:26,004 And this was, and if this was going to be a longer term entry, which we 923 01:04:26,004 --> 01:04:29,245 didn't outline, but I still want you to execute on that because it gives you 924 01:04:29,245 --> 01:04:34,075 experience doing it, but you can use 50% of the idea, average daily range. 925 01:04:34,915 --> 01:04:35,214 Okay. 926 01:04:35,214 --> 01:04:36,024 Is a nice go-to. 927 01:04:36,384 --> 01:04:40,645 And if that overlaps with what we have taught in the past about power three 928 01:04:40,645 --> 01:04:43,904 on the daily range, If the average daily range is a hundred pips, one 929 01:04:43,904 --> 01:04:46,035 third of that is essentially 33 pips. 930 01:04:46,485 --> 01:04:49,755 So if you're looking for a move up above the opening price, mountain 931 01:04:49,755 --> 01:04:54,975 33, pips above is generally the ideal scenario after you rally though. 932 01:04:55,245 --> 01:04:59,025 So if you're looking to go sell in short, you want to see some measure 933 01:04:59,025 --> 01:05:00,315 of movement above the opening price. 934 01:05:00,915 --> 01:05:06,375 And in that movement up, we want to be selling at a logical area of premium, 935 01:05:07,005 --> 01:05:09,375 which would be either a better tour block running an old high, as we 936 01:05:09,375 --> 01:05:12,465 saw here today in London, excuse me. 937 01:05:12,615 --> 01:05:16,365 And then adding that 33 pips to that because the likelihood of the opening 938 01:05:16,365 --> 01:05:22,665 price, seeing 60 to 70 pips or so up, and then making the high today 939 01:05:22,815 --> 01:05:29,245 while it's possible, it's not likely even with the zero GMT star, what 940 01:05:29,245 --> 01:05:30,535 you're actually doing is the point. 941 01:05:30,535 --> 01:05:32,575 And I didn't see this as this question, I'm just tossing out because I'm sure it 942 01:05:32,575 --> 01:05:36,924 probably some of you are wondering, but just didn't build it into a question. 943 01:05:37,884 --> 01:05:43,075 What the benefit of doing this exercise of getting in at the opening at zero GMT 944 01:05:43,105 --> 01:05:47,904 versus waiting for a rally for bears to sell into the differences is you're going 945 01:05:47,904 --> 01:05:53,335 to see why it's important to number one, to trade in the opposite direction of 946 01:05:53,335 --> 01:05:54,325 where you think the market's going to go. 947 01:05:54,985 --> 01:05:57,775 And it's also forcing you to use the information you've already learned. 948 01:05:58,585 --> 01:06:01,015 PDRs premium to discount. 949 01:06:01,525 --> 01:06:05,005 That model is repeating itself all the time in my trade. 950 01:06:05,005 --> 01:06:08,485 So if that's not in your trades, you aren't going to have similar 951 01:06:08,485 --> 01:06:09,745 results and you're going to be. 952 01:06:12,180 --> 01:06:14,370 Different from the expected outcome. 953 01:06:17,370 --> 01:06:20,970 You may get trades that pan out once in a while, but you won't get consistency 954 01:06:20,970 --> 01:06:24,720 and you won't see the delivery of the high and low as accurately as you will. 955 01:06:24,720 --> 01:06:25,890 If you do the stuff I'm teaching you. 956 01:06:29,130 --> 01:06:31,650 I like the gaps intraday. 957 01:06:32,160 --> 01:06:36,180 I have noticed that your daily highs and lows are lining up with them. 958 01:06:36,210 --> 01:06:38,970 Is this one of the secret sauce if you promised? 959 01:06:39,750 --> 01:06:42,210 Well, that's one of the observations that you'll see by doing it. 960 01:06:42,210 --> 01:06:42,570 Yes. 961 01:06:43,260 --> 01:06:47,430 Um, how many daily highs and lows have you seen and we've mentioned, 962 01:06:48,030 --> 01:06:49,920 and it comes in the form of the gap. 963 01:06:50,990 --> 01:06:54,600 That's one of the reasons we're doing this stuff. 964 01:06:54,660 --> 01:06:58,470 Or even if you're not going to be a scalper or a day trader, it's important to 965 01:06:58,470 --> 01:07:03,780 know where these exist because your trade may come do a Terminus at that level. 966 01:07:04,500 --> 01:07:10,350 So if we see a gap that is like 30 pips above us, and we have a target about 967 01:07:10,350 --> 01:07:14,820 33 pips from us, I'm going to elect to go right to the gap and nothing more. 968 01:07:15,450 --> 01:07:19,470 There may be a little bit more going into that extra five pips that everybody else 969 01:07:19,470 --> 01:07:21,120 wants to hold out for it for perfection. 970 01:07:21,720 --> 01:07:22,860 I, don't not worrying about that. 971 01:07:23,040 --> 01:07:23,730 I'm going to go out. 972 01:07:23,850 --> 01:07:25,470 Where are the logical PDAs? 973 01:07:25,800 --> 01:07:27,900 And you'll see it at night. 974 01:07:27,900 --> 01:07:29,310 You're obviously noted here. 975 01:07:29,370 --> 01:07:29,760 Yes. 976 01:07:29,760 --> 01:07:31,950 There's many times the fair value gaps. 977 01:07:31,970 --> 01:07:35,430 Intraday will cause an overlap for the daily hotter Lidl form. 978 01:07:35,880 --> 01:07:37,770 But there's other things you have to align up with it, but 979 01:07:37,770 --> 01:07:39,150 generally that's a usual thing. 980 01:07:42,970 --> 01:07:44,650 And they say you can't pick daily highs and lows. 981 01:07:48,730 --> 01:07:50,200 Um, if we, 982 01:07:57,640 --> 01:07:58,930 same question keeps coming up. 983 01:08:07,900 --> 01:08:10,450 Seasonally, Darren indexes bullish in may. 984 01:08:11,560 --> 01:08:13,960 The trade that outline last night has nothing to do with seasonal 985 01:08:13,960 --> 01:08:15,280 tendencies, with all the bloody base 986 01:08:23,440 --> 01:08:24,430 chase as he caught her. 987 01:08:24,460 --> 01:08:24,850 Hi, 988 01:08:32,170 --> 01:08:34,090 thank you for your concerns about my son, by the way. 989 01:08:34,150 --> 01:08:34,960 It's been lots of that. 990 01:08:34,990 --> 01:08:36,520 I just don't want to fill the video with it. 991 01:08:45,720 --> 01:08:46,950 I only had one entry. 992 01:08:46,950 --> 01:08:47,340 Yes. 993 01:08:48,660 --> 01:08:49,730 I only get D entry. 994 01:08:49,730 --> 01:08:51,150 You saw me collapsed earlier today. 995 01:08:51,660 --> 01:08:52,920 It's a beginning of the session. 996 01:09:01,540 --> 01:09:01,779 Yeah. 997 01:09:01,810 --> 01:09:04,600 She should be taking two entries and using the smallest leverage you 998 01:09:04,600 --> 01:09:07,630 can do so about what num one mini. 999 01:09:12,765 --> 01:09:13,995 Um, 1000 01:09:22,135 --> 01:09:23,755 I, ain't never heard of a flat mouse pattern. 1001 01:09:31,404 --> 01:09:32,365 Let's take one more quick. 1002 01:09:32,365 --> 01:09:33,984 Look at Aussie and CAD. 1003 01:09:37,555 --> 01:09:38,154 Not that one. 1004 01:09:40,725 --> 01:09:41,145 Yeah. 1005 01:09:41,865 --> 01:09:43,845 Cable, nothing. 1006 01:09:44,955 --> 01:09:45,885 You're a pound. 1007 01:09:52,925 --> 01:09:53,285 Yeah. 1008 01:09:56,675 --> 01:09:57,455 I close the session. 1009 01:09:57,455 --> 01:10:00,725 They'll probably run your, a dollar down 40 pips. 1010 01:10:07,355 --> 01:10:08,255 Um, 1011 01:10:12,005 --> 01:10:15,515 am I going to teach breaker day trades or breaker scalps? 1012 01:10:16,505 --> 01:10:21,245 That's pretty much self-explanatory there your PD phrase that he looked for 1013 01:10:21,245 --> 01:10:23,045 the trade off of universal the timing. 1014 01:10:28,585 --> 01:10:32,575 Are we ever going to get a webcam video or session with you or 1015 01:10:32,575 --> 01:10:34,165 do you plan to stay anonymous? 1016 01:10:34,855 --> 01:10:41,475 Um, Yeah, I played around this idea, but I don't think I'm going to be doing any 1017 01:10:41,475 --> 01:10:47,265 of that because the folks that, uh, like to make fun, they'll just take those 1018 01:10:47,265 --> 01:10:49,125 images and turn them into something else. 1019 01:10:53,065 --> 01:10:56,035 There's only been three pictures of me. 1020 01:10:56,185 --> 01:10:58,945 It's actually been real pictures of me. 1021 01:11:01,495 --> 01:11:04,885 They were asked their family members and they have nothing to do with me. 1022 01:11:05,965 --> 01:11:06,245 All right. 1023 01:11:06,265 --> 01:11:10,165 Atlanta server is GMT plus three, safe to assume there. 1024 01:11:10,705 --> 01:11:13,375 He bought, et cetera are useful for analysis. 1025 01:11:13,555 --> 01:11:19,885 I don't have any experience with that Constantinople, but con stand to knows, 1026 01:11:20,365 --> 01:11:24,985 uh, I'm sorry, how brutalize your, your name, but I don't have any experience 1027 01:11:24,985 --> 01:11:25,945 with looking at that, with that. 1028 01:11:29,065 --> 01:11:32,275 Um, I found this setup often fails in large consolidations. 1029 01:11:32,905 --> 01:11:34,675 Is there more criteria that we taught? 1030 01:11:34,795 --> 01:11:35,335 Yes. 1031 01:11:36,835 --> 01:11:38,455 There's a lot more secret sauce stuff. 1032 01:11:43,715 --> 01:11:46,475 A lot of comments, a lot of comments. 1033 01:12:03,645 --> 01:12:05,385 I don't know what you're talking about, Daniel. 1034 01:12:05,445 --> 01:12:11,055 Um, have I heard anything from best room and mining rate? 1035 01:12:12,505 --> 01:12:14,655 Don't know what, that don't know what you're talking about there, 1036 01:12:20,455 --> 01:12:24,865 um, options that are going to be in the month of June 1037 01:12:29,235 --> 01:12:30,225 and no, I don't do all that. 1038 01:12:30,285 --> 01:12:34,575 I don't do any of the exotic it strangles and straddles and 1039 01:12:34,575 --> 01:12:35,565 spreads and all that stuff. 1040 01:12:35,805 --> 01:12:44,485 Well, I do, I do do a one, one thing with a spread, but generally it's a long 1041 01:12:44,485 --> 01:12:47,095 call, long put you don't have anything. 1042 01:12:47,155 --> 01:12:48,145 You don't need anything more than that. 1043 01:12:49,735 --> 01:12:53,395 These guys got a family, you going to be a career writer of options. 1044 01:12:53,395 --> 01:12:58,945 And most of mine's mean being made by that, but I'm a directional bias trader. 1045 01:12:58,945 --> 01:13:00,775 So I'm looking for direction. 1046 01:13:02,665 --> 01:13:02,965 Yeah. 1047 01:13:02,965 --> 01:13:04,315 There's nothing going on in the market right now. 1048 01:13:04,315 --> 01:13:07,645 Then also I'm just giving everybody an opportunity to ask 1049 01:13:08,215 --> 01:13:11,355 anything that has, uh, line. 1050 01:13:11,495 --> 01:13:12,945 What was that line for today? 1051 01:13:24,255 --> 01:13:26,955 Can a scalp or day trade turn into a swing trade? 1052 01:13:26,955 --> 01:13:30,915 Yes, that was basically the heart of lesson. 1053 01:13:31,920 --> 01:13:35,220 The last month and we'll build into a more criteria. 1054 01:13:35,220 --> 01:13:39,120 You can do that with, uh, with these lessons this month. 1055 01:13:39,990 --> 01:13:44,460 Can we do another chart rather than your dollar, which is a windup right now? 1056 01:13:47,220 --> 01:13:53,160 Can we do another chart while there's no set up for anything right now? 1057 01:13:53,190 --> 01:13:54,180 Because the markets are on hold. 1058 01:13:55,050 --> 01:13:56,010 Nothing's really happening? 1059 01:13:58,440 --> 01:14:02,580 Well, we might see, might see a dollar Ronald pear. 1060 01:14:04,710 --> 01:14:05,400 Get this off. 1061 01:14:11,059 --> 01:14:12,480 I might get it to run up a little bit more. 1062 01:14:19,170 --> 01:14:20,849 Katz certainly wants to spread its wings 1063 01:14:26,700 --> 01:14:27,300 this year. 1064 01:14:27,300 --> 01:14:32,160 A dollar may end up becoming a late New York roll over 1065 01:14:32,160 --> 01:14:33,930 where it just dribbled down. 1066 01:14:38,160 --> 01:14:40,500 I don't, I don't have an entry again in here. 1067 01:14:42,269 --> 01:14:45,240 Barely watch and see if it does anything the only lower. 1068 01:14:45,360 --> 01:14:47,490 I don't think we're going to see a big run up 1069 01:14:51,120 --> 01:14:53,250 simply nothing pushing price around today. 1070 01:14:54,599 --> 01:14:55,320 I appreciate that. 1071 01:14:55,500 --> 01:14:57,960 Elsie Pepperstone has dollar index. 1072 01:14:58,875 --> 01:15:00,105 And so version for Mac too. 1073 01:15:00,375 --> 01:15:00,915 So that's cool. 1074 01:15:02,055 --> 01:15:06,105 Can you go over to daily swing high on cable? 1075 01:15:06,644 --> 01:15:07,945 It looks identical to all. 1076 01:15:09,644 --> 01:15:11,745 I go over the daily show people, 1077 01:15:29,144 --> 01:15:33,135 this pair here for the life of me. 1078 01:15:33,135 --> 01:15:39,165 I believe it's going to want to take this and close that little portion and right 1079 01:15:39,165 --> 01:15:42,135 there, and it's not a significant amount, but I think that's where we're going 1080 01:15:42,135 --> 01:15:46,215 to look to see price on, uh, the cable. 1081 01:15:47,955 --> 01:15:52,215 Let me say Comcast, Comcast 31 40. 1082 01:15:52,215 --> 01:15:55,005 I think that's where cable probably wants to reach up into. 1083 01:15:58,575 --> 01:16:03,855 So ideally what we want to see is market rally up here. 1084 01:16:03,885 --> 01:16:05,265 I don't, I don't see this. 1085 01:16:05,325 --> 01:16:08,565 I don't see this high, another high and then reject and so on. 1086 01:16:08,595 --> 01:16:09,495 I don't see that here yet. 1087 01:16:10,155 --> 01:16:14,385 It doesn't mean it can't form today and give us a weekly run lower, 1088 01:16:14,385 --> 01:16:19,305 but I just think it's more apt to go to 1 30, 1 40 longer-term. 1089 01:16:19,305 --> 01:16:23,805 So I want to be more focused on that scenario unfolded 1090 01:16:23,805 --> 01:16:25,065 and trying to capture a high. 1091 01:16:32,550 --> 01:16:36,060 Vantage FX and go markets had us dollar index, but it's a 1092 01:16:36,060 --> 01:16:38,340 little different price to FX LTD. 1093 01:16:39,270 --> 01:16:40,170 Thank you for that, Anton. 1094 01:16:44,100 --> 01:16:47,010 But you can probably appreciate why I would not want to do that because 1095 01:16:47,430 --> 01:16:48,480 I already get a lot of questions. 1096 01:16:48,510 --> 01:16:50,250 Mug data doesn't look like yours. 1097 01:16:51,040 --> 01:16:53,070 Maybe won't regardless of where you're trading, 1098 01:17:01,290 --> 01:17:04,200 who showed me initially how smart money really works. 1099 01:17:04,230 --> 01:17:07,050 Well, my first introduction was through lady Williams, which 1100 01:17:07,050 --> 01:17:07,950 commitment traders report. 1101 01:17:07,980 --> 01:17:10,320 And then I found out there's a fallacy and falling. 1102 01:17:10,320 --> 01:17:11,130 It just blindly. 1103 01:17:11,670 --> 01:17:15,210 So I already came into trading because of him, but the notion there was people 1104 01:17:15,210 --> 01:17:20,520 out there that knew more than I am or knew, knew more than I do then. 1105 01:17:21,210 --> 01:17:28,530 And because of my attraction for people trading in the markets 1106 01:17:28,530 --> 01:17:32,280 in America, online, back in the nineties was kind of like the thing. 1107 01:17:32,520 --> 01:17:34,920 So they had message boards on the internet. 1108 01:17:35,760 --> 01:17:38,070 And I ended up going into one of the message boards. 1109 01:17:38,190 --> 01:17:45,450 Some guy was doing, uh, a stock picking thing and I started naming stocks and it 1110 01:17:45,450 --> 01:17:49,800 got pretty, uh, I got a lot of following. 1111 01:17:50,260 --> 01:17:50,910 Let's put it that way. 1112 01:17:51,540 --> 01:17:54,630 And then everyone asked if I did anything other than stocks. 1113 01:17:54,630 --> 01:17:56,520 And I was like, well, I started as a commodity. 1114 01:17:57,599 --> 01:18:00,450 So I started talking about commodities and specific moves in that market. 1115 01:18:00,629 --> 01:18:02,460 And I started getting popular there. 1116 01:18:03,719 --> 01:18:05,759 And then I focused on the S and P and bond. 1117 01:18:06,210 --> 01:18:09,780 And because of that gathering, I got a collection of people and made my own room. 1118 01:18:10,559 --> 01:18:15,450 And while I had my room and I would do occasional posts to get more people 1119 01:18:15,450 --> 01:18:17,759 coming into the room, and it finally got up to a thousand people in my 1120 01:18:17,790 --> 01:18:26,250 private room, uh, I was approached by a gentleman that emailed me and, uh, asked 1121 01:18:26,250 --> 01:18:28,589 if I could be willing to sit with him. 1122 01:18:29,099 --> 01:18:32,339 And he would be willing to travel to where I live on east coast. 1123 01:18:33,150 --> 01:18:38,190 And I was like, well, I'm not sure what your interests would be with me, but, 1124 01:18:38,219 --> 01:18:40,799 you know, w w what's your we getting it? 1125 01:18:41,639 --> 01:18:44,910 He says, well, I, I, I would like to meet with you and just discuss 1126 01:18:44,910 --> 01:18:45,929 some potential opportunities. 1127 01:18:45,929 --> 01:18:47,879 I was like, well, what kind of opportunities? 1128 01:18:47,879 --> 01:18:52,230 Because at a time I was comfortable with what I was doing, but long and short of 1129 01:18:52,230 --> 01:18:55,049 it is, um, but we made an arrangement. 1130 01:18:55,320 --> 01:19:01,530 We met in a undisclosed place and we met with another gentlemen that was with him. 1131 01:19:01,650 --> 01:19:05,730 There was two guys that came and he said, they have been very impressed by 1132 01:19:05,730 --> 01:19:10,469 the level of consistency I have with the equities and the other market calls 1133 01:19:10,799 --> 01:19:13,860 and asked if I was working with someone. 1134 01:19:13,860 --> 01:19:15,990 And I was like, no, I haven't done just homegrown. 1135 01:19:15,990 --> 01:19:17,429 I just did all this stuff on my own. 1136 01:19:18,269 --> 01:19:22,215 And he said, well, look, you know, um, We have an opportunity for you if 1137 01:19:22,215 --> 01:19:23,475 you'd be interested in listening to it. 1138 01:19:23,715 --> 01:19:24,765 And I was like, okay, sure. 1139 01:19:24,795 --> 01:19:28,155 So I'm thinking, you know, they want me to be like an analyst, 1140 01:19:28,394 --> 01:19:29,235 you know, that type of thing. 1141 01:19:29,235 --> 01:19:31,394 Cause I'm certainly not going to try to trade out people's money because 1142 01:19:31,485 --> 01:19:35,835 at the time I was too stressed out doing my own trading, you know, 1143 01:19:35,894 --> 01:19:38,325 there was a lot of risk and a lot of leverage every time I took a trade. 1144 01:19:38,325 --> 01:19:42,465 So I already knew at that moment, which later changed that I didn't want 1145 01:19:42,465 --> 01:19:45,015 to touch other people's money, but if I was gonna be like an analyst, 1146 01:19:45,015 --> 01:19:48,945 that'd be great because I saw people doing those types of things. 1147 01:19:48,945 --> 01:19:51,765 And I think at the time I really wanted to be in, in the, like the 1148 01:19:51,765 --> 01:19:53,745 magazines, like, uh, futures magazine. 1149 01:19:54,345 --> 01:19:56,415 Um, they didn't have like trade magazine back then, but futures 1150 01:19:56,684 --> 01:19:58,575 magazine was like the, the magazine. 1151 01:19:59,205 --> 01:20:01,485 And I wanted to have my name in there because the ego and pump, 1152 01:20:01,965 --> 01:20:03,735 then I thought that's what these guys were going to be doing. 1153 01:20:03,735 --> 01:20:06,045 They're going like, Hey look, you know, they're going to ask me to 1154 01:20:06,045 --> 01:20:09,195 provide like an article once a month and I've be all for that. 1155 01:20:09,195 --> 01:20:09,735 I wasn't great. 1156 01:20:10,455 --> 01:20:14,415 But they started talking to me about things that, uh, would be 1157 01:20:14,415 --> 01:20:15,975 made available to me and teaching. 1158 01:20:16,394 --> 01:20:21,135 And would I be interested in going to basically work with them? 1159 01:20:22,394 --> 01:20:26,595 And I wasn't really sure what they were outlining until 1160 01:20:26,595 --> 01:20:28,455 our second interview meeting. 1161 01:20:29,115 --> 01:20:32,445 And they gave me some things to look at it wasn't really highly detailed. 1162 01:20:32,535 --> 01:20:38,385 And, you know, just kinda like quizzing me how I thought about things. 1163 01:20:38,535 --> 01:20:40,875 Like what was my mindset about certain things? 1164 01:20:40,875 --> 01:20:42,375 And a lot of it had nothing to do with trading. 1165 01:20:42,825 --> 01:20:47,655 Like w what's my opinion of, um, certain things in the world. 1166 01:20:48,855 --> 01:20:51,375 I have no link to trading whatsoever. 1167 01:20:51,825 --> 01:20:54,615 It's almost similar to, and I'm not sure if there's any of you that are 1168 01:20:54,615 --> 01:21:01,394 like police officers, but it's like a, um, a psychological evaluation that, 1169 01:21:01,545 --> 01:21:02,745 that was really like the question. 1170 01:21:02,745 --> 01:21:04,065 It was like a questionnaire like that. 1171 01:21:04,304 --> 01:21:07,335 And they gave me that and they said, look, you know, bring this 1172 01:21:07,335 --> 01:21:08,474 back with you when we meet again. 1173 01:21:08,474 --> 01:21:11,235 And I'll, I'll send you an email and we'll meet at that time and 1174 01:21:11,235 --> 01:21:12,134 we'll meet the same place I like. 1175 01:21:12,134 --> 01:21:12,615 Okay, sure. 1176 01:21:13,335 --> 01:21:15,675 So literally I went home and I went through it real quick. 1177 01:21:15,675 --> 01:21:20,205 It's about 32, 33 pages of, uh, of questions. 1178 01:21:20,745 --> 01:21:25,335 And I just basically had to make a choice of how I felt about that condition or 1179 01:21:25,335 --> 01:21:30,525 that, you know, uh, fall process about whatever it is that they were asking 1180 01:21:30,525 --> 01:21:34,394 an individual questions and I had to give back to them and I gave it to him. 1181 01:21:34,665 --> 01:21:37,425 Uh, we had another interview and that was a little bit over an hour. 1182 01:21:37,815 --> 01:21:42,554 And they said, look, you know, we're going to take a look at your, uh, your responses 1183 01:21:42,585 --> 01:21:45,915 here and we'll get back to you again and then we'll have another interview. 1184 01:21:46,094 --> 01:21:46,934 And I was like, okay, sure. 1185 01:21:47,175 --> 01:21:49,184 And at this point, honestly, I really wasn't interested. 1186 01:21:49,275 --> 01:21:51,465 And I was thinking to myself, you know, what are these people doing? 1187 01:21:51,644 --> 01:21:54,075 Like, I didn't, they didn't feel comfortable because they 1188 01:21:54,075 --> 01:21:55,025 didn't give me any real more. 1189 01:21:55,184 --> 01:21:58,844 They give me a lot of information and that second one beyond the X thing, 1190 01:21:58,875 --> 01:21:59,925 questions of the questionnaire. 1191 01:22:06,255 --> 01:22:09,884 So anyway, Ms. 1192 01:22:09,884 --> 01:22:16,275 Served interview, they basically outlined, um, how they would make more 1193 01:22:16,275 --> 01:22:17,775 information about trading available to me. 1194 01:22:19,050 --> 01:22:21,900 Yeah, if would be interested in coming on board and be trained, 1195 01:22:21,929 --> 01:22:23,010 it'd be a formal training. 1196 01:22:24,120 --> 01:22:31,200 And I would be, you know, working with a lot of the folks that you wouldn't 1197 01:22:31,200 --> 01:22:36,929 hear about or know about, but the things that they know I have to be trained 1198 01:22:36,929 --> 01:22:38,219 and go through those types of things. 1199 01:22:38,280 --> 01:22:42,630 So naturally I was thinking, wow, I'm going to be like, you know 1200 01:22:43,080 --> 01:22:47,580 what, the commercials now, and it's not that it was completely 1201 01:22:48,179 --> 01:22:49,679 different from that like commercials. 1202 01:22:49,679 --> 01:22:55,380 They're just like, like Hershey, you know, they're large, big users of cocoa. 1203 01:22:55,590 --> 01:22:59,820 So they have real supply and demand people tracking the supply 1204 01:22:59,820 --> 01:23:01,559 and demand factors around cocoa. 1205 01:23:02,010 --> 01:23:04,860 Because if they have to use a ton of it all the time daily to make their 1206 01:23:04,860 --> 01:23:09,300 candies in there, you know, their, their products, they have to keep track of that. 1207 01:23:09,300 --> 01:23:11,610 And in commodities there's a real supply and demand factor. 1208 01:23:12,300 --> 01:23:15,780 Every other asset class, it's all artificial supply and demand. 1209 01:23:15,990 --> 01:23:17,400 It's, it's engineered. 1210 01:23:17,400 --> 01:23:20,550 It's manipulated not to say that commodity prices aren't manipulated to 1211 01:23:20,550 --> 01:23:22,469 a certain degree because they are, but 1212 01:23:26,429 --> 01:23:36,360 the, the third interview was more or less like they liked my responses, but they 1213 01:23:36,360 --> 01:23:41,070 had a lot of questions about where, what to, what lengths would I be willing to go? 1214 01:23:41,660 --> 01:23:44,160 And what threshold would I go to? 1215 01:23:44,160 --> 01:23:46,080 Where I wouldn't like, would I be willing to move. 1216 01:23:46,860 --> 01:23:49,259 And at the time I really wasn't willing to move. 1217 01:23:49,740 --> 01:23:50,670 I'm a home body. 1218 01:23:50,920 --> 01:23:53,849 I like to be in one place. 1219 01:23:53,849 --> 01:23:55,050 I want it to be bouncing around. 1220 01:23:55,170 --> 01:24:00,389 And they were asking me, looking at, you have to move a lot and 1221 01:24:00,540 --> 01:24:01,769 work with other people too. 1222 01:24:01,980 --> 01:24:05,250 So it would be not just me learning it, it would be Mooney learning it. 1223 01:24:05,250 --> 01:24:10,259 And then I would be also teaching other people, training other people. 1224 01:24:10,259 --> 01:24:17,490 And eventually all these things would make me move up larger into more influence 1225 01:24:17,490 --> 01:24:18,929 about what the markets would be doing. 1226 01:24:19,980 --> 01:24:24,269 So I don't have anything more I can say about it here, but, um, if you're 1227 01:24:24,269 --> 01:24:26,790 asking like who they are and what their names are, I'm not going to do that. 1228 01:24:27,090 --> 01:24:30,269 Um, and that's not really supposed to be talking about it at all 1229 01:24:30,269 --> 01:24:31,080 to be quite honest with you. 1230 01:24:31,080 --> 01:24:36,780 But, um, all the things that I learned about dominion relation 1231 01:24:36,780 --> 01:24:40,860 aspect of the marketplace, obviously that's always been a 10 forehead 1232 01:24:41,400 --> 01:24:42,599 topic for everyone out there. 1233 01:24:42,599 --> 01:24:44,969 If you ever traded right away, you can think of somebody out there to 1234 01:24:44,969 --> 01:24:49,410 get ya, but it's not retail anything. 1235 01:24:49,410 --> 01:24:52,200 It's not like somebody I can say, Hey, look, read. 1236 01:24:52,420 --> 01:24:53,969 Cause this'll get you close to it. 1237 01:24:54,059 --> 01:24:55,080 It's nothing like that. 1238 01:24:55,950 --> 01:25:01,170 And you see like, you go on YouTube, okay. 1239 01:25:01,170 --> 01:25:02,490 You can look up banking, market maker. 1240 01:25:03,300 --> 01:25:06,120 Obviously my stuff will pop up, but then you have all these other guys 1241 01:25:06,120 --> 01:25:10,679 that'll say, you know, what, what the market maker never wants you to 1242 01:25:10,679 --> 01:25:14,309 learn or what the I'll never teach you about what the market does. 1243 01:25:15,240 --> 01:25:18,719 There's different degrees of making a market. 1244 01:25:18,750 --> 01:25:23,490 I mean, obviously if you're a writer for, um, options, you could 1245 01:25:23,490 --> 01:25:25,799 be a market maker in that aspect. 1246 01:25:26,340 --> 01:25:31,139 You know, if you are, uh, if you're in a brokerage firm, okay. 1247 01:25:31,170 --> 01:25:33,299 And you're providing that liquidity, you know? 1248 01:25:33,299 --> 01:25:33,570 Yeah. 1249 01:25:33,570 --> 01:25:36,299 You're a market maker, but that's not what I'm talking about. 1250 01:25:36,299 --> 01:25:40,860 What I'm talking about is starts all the way at the top and why the price 1251 01:25:40,860 --> 01:25:42,059 has manipulated from that point. 1252 01:25:42,840 --> 01:25:47,460 All these other people can come out with courses and it can come up with workshops 1253 01:25:47,460 --> 01:25:51,240 and travel all around the world and be real nice and polite and talk about 1254 01:25:51,240 --> 01:25:53,219 how, you know, it's this and it's that. 1255 01:25:53,250 --> 01:25:55,230 And it's nothing like that at all. 1256 01:25:55,679 --> 01:25:56,639 It's nothing like that. 1257 01:25:56,639 --> 01:26:00,929 There literally is a move on other people's money. 1258 01:26:01,290 --> 01:26:02,490 And that's what it is. 1259 01:26:02,490 --> 01:26:03,570 It's not the retail folks. 1260 01:26:03,570 --> 01:26:08,759 It's the large funds and they have a very systematic Jermaine, 1261 01:26:09,630 --> 01:26:15,870 not germane, not a systematic and generic approach to how it's done. 1262 01:26:16,620 --> 01:26:18,480 And they'll have a lot of variables in it. 1263 01:26:18,900 --> 01:26:22,380 But when you understand them, they repeat over and over again. 1264 01:26:23,190 --> 01:26:30,030 So years ago I took it upon myself to ask the general populace 1265 01:26:30,120 --> 01:26:32,309 through very selected means. 1266 01:26:33,599 --> 01:26:37,500 If they could get a group of people traded, uh, trained to do this as well. 1267 01:26:38,610 --> 01:26:42,765 And I did it for a, for a fee, obviously, And that information is 1268 01:26:42,765 --> 01:26:46,335 pretty much being pumped all over the internet and it's incomplete as well. 1269 01:26:46,394 --> 01:26:48,915 It has a lot of different stuff that I don't even use anymore. 1270 01:26:49,275 --> 01:26:52,724 And they added things to it, all these other indicators that I didn't use back 1271 01:26:52,724 --> 01:26:58,845 then, but the, uh, the idea of what smart money really does like it, first of 1272 01:26:58,845 --> 01:27:04,785 all, there's no way I could have arrived at these types of things on my own. 1273 01:27:05,835 --> 01:27:09,825 I had a lot of preconceived notions about why the market does what it does, 1274 01:27:10,934 --> 01:27:15,075 but I couldn't put my finger on exactly how it could be seen and expected 1275 01:27:15,075 --> 01:27:16,485 to see unfold again in the future. 1276 01:27:16,755 --> 01:27:19,845 Like I always see like anything else, everything's perfect hindsight. 1277 01:27:20,625 --> 01:27:24,405 But what I started looking at is all because I journaled like a madman. 1278 01:27:24,465 --> 01:27:27,345 I mean, I'd literally kept journals every single trading day, whether I 1279 01:27:27,345 --> 01:27:33,555 did a trade or didn't do a trade, I was journaling all the time because my 1280 01:27:33,555 --> 01:27:41,025 opinion of development is you have to have some measure of where you came from. 1281 01:27:41,415 --> 01:27:43,934 And if you don't have that, you don't know if you're going in the right direction. 1282 01:27:44,535 --> 01:27:48,855 So, because I was obsessive about learning this stuff and spending half of a 24 hour 1283 01:27:48,855 --> 01:27:53,205 day always being immersed in it, reading it and listening to it and cassette 1284 01:27:53,205 --> 01:27:56,505 tapes, you know, when I was dealing with any route, you know, I had a headset, a 1285 01:27:56,505 --> 01:28:00,795 Walkman, and I would listen to, you know, dice talking about trading, you know, and 1286 01:28:00,885 --> 01:28:05,535 it was, I was constantly feeding myself and a lot of it was garbage, but I was 1287 01:28:05,535 --> 01:28:07,005 always plugged into the marketplace. 1288 01:28:07,005 --> 01:28:08,925 So I've very, very high. 1289 01:28:10,155 --> 01:28:11,745 Selective about what I was listening to. 1290 01:28:11,745 --> 01:28:14,835 I didn't watch TV and doing any kind of sports anymore. 1291 01:28:15,015 --> 01:28:17,835 I worked out and it just consumed the market stuff. 1292 01:28:18,045 --> 01:28:20,565 Data looked at all kinds of asset classes, tried to figure out 1293 01:28:20,565 --> 01:28:21,825 everything I could possibly figure out. 1294 01:28:22,785 --> 01:28:26,955 But what I learned from meeting these two gentlemen and the things they 1295 01:28:26,955 --> 01:28:29,535 taught, it filled in a lot of the gaps. 1296 01:28:29,565 --> 01:28:31,305 When I went back to my old stuff. 1297 01:28:32,055 --> 01:28:39,435 And while they did not say, um, this is a breaker, this is a mitigation block. 1298 01:28:39,675 --> 01:28:40,035 Okay. 1299 01:28:40,395 --> 01:28:42,705 Those terms are created by me. 1300 01:28:43,185 --> 01:28:44,115 I created that. 1301 01:28:44,115 --> 01:28:48,165 So that way I can talk about the idea that I see in charts. 1302 01:28:48,765 --> 01:28:51,585 And I'm not in any way, shape or form in trouble for doing that. 1303 01:28:51,585 --> 01:28:55,515 That's why I've made it pretty much that's public knowledge, but that 1304 01:28:55,515 --> 01:28:57,345 stuff doesn't exist in other things. 1305 01:28:57,435 --> 01:29:02,685 And while it quick glance, if they see a rectangle on a chart, they readily 1306 01:29:02,715 --> 01:29:04,215 naturally assume it's supply and demand. 1307 01:29:04,215 --> 01:29:05,175 And I am done. 1308 01:29:05,235 --> 01:29:09,075 I've done something with Sam stuff over at trade, online trade academy. 1309 01:29:09,615 --> 01:29:12,465 I've watched maybe seven videos of his stuff. 1310 01:29:12,945 --> 01:29:16,785 And like I said, if anybody's really studied my work, you can see it's not 1311 01:29:16,875 --> 01:29:20,445 supplying demand, but because there's a box that may be on my chart right away. 1312 01:29:20,445 --> 01:29:21,705 They're gonna assume that it's that. 1313 01:29:21,765 --> 01:29:22,725 And it's nothing like that. 1314 01:29:23,745 --> 01:29:24,405 You'll learn. 1315 01:29:24,405 --> 01:29:29,955 If you haven't already learned the storyline behind why price is moving. 1316 01:29:30,735 --> 01:29:33,165 That's the missing element in everybody. 1317 01:29:33,165 --> 01:29:34,275 Else's discipline. 1318 01:29:35,475 --> 01:29:36,675 That's why the breakers are good. 1319 01:29:37,455 --> 01:29:41,655 That's why when you understand when price comes back to a specific block, 1320 01:29:41,835 --> 01:29:45,554 and if it's a mitigation, why is it going to be resistance or why it's 1321 01:29:45,554 --> 01:29:49,875 going to be support because there's a storyline behind it over here. 1322 01:29:49,995 --> 01:29:54,075 For instance, the reason why I did the scalp yesterday, I'm going to tell you 1323 01:29:54,165 --> 01:29:59,594 why you as a smart money idea, the range was already going to be capped because 1324 01:29:59,594 --> 01:30:01,215 of the likelihood of that dollar index. 1325 01:30:01,215 --> 01:30:02,384 Coming down to that fair value gap. 1326 01:30:03,615 --> 01:30:05,835 It doesn't want to come down here, rebalance that out. 1327 01:30:06,255 --> 01:30:08,804 They only want to come down here to close that in, not to go lower. 1328 01:30:09,525 --> 01:30:12,465 They want to come down and have to close that in and then likely move up. 1329 01:30:13,605 --> 01:30:15,974 That's all I need to frame a sell. 1330 01:30:15,974 --> 01:30:19,844 So what's the way I would love to sell everybody else that wants to sell short. 1331 01:30:19,875 --> 01:30:20,925 They're already positioned here. 1332 01:30:20,955 --> 01:30:22,455 They came all the way back up to take them. 1333 01:30:22,455 --> 01:30:25,155 So I'm going to sell as that price was above that. 1334 01:30:25,844 --> 01:30:31,575 I learned that by looking at what I learned in concept of how the 1335 01:30:31,575 --> 01:30:36,495 markets are manipulated and how other priced and certain things around 1336 01:30:36,495 --> 01:30:40,455 time of day, I went back and looked at my charts where I lost money. 1337 01:30:40,724 --> 01:30:44,325 And I saw very quickly where I was doing the opposite. 1338 01:30:44,835 --> 01:30:46,875 Like I would be looking to go long up in here. 1339 01:30:47,535 --> 01:30:51,525 Like I thought early as an early trader, this move above this high, 1340 01:30:51,884 --> 01:30:54,315 any movement here in consolidation, that's going to be a bull flag. 1341 01:30:54,315 --> 01:30:54,974 It's going to keep going. 1342 01:30:55,335 --> 01:30:56,384 And I would be getting along here. 1343 01:30:56,474 --> 01:30:57,915 So that would be buying the highs. 1344 01:30:59,115 --> 01:31:01,365 It changed that whole way of thinking. 1345 01:31:01,785 --> 01:31:05,235 When I looked back at my own trades and the real science behind what 1346 01:31:05,235 --> 01:31:06,705 makes me ICT or in a circle trader. 1347 01:31:08,190 --> 01:31:11,730 I look at the storyline in price, what they did. 1348 01:31:12,000 --> 01:31:16,980 And I justify in my own terms, why they did it, they came back up 1349 01:31:16,980 --> 01:31:18,840 to take these stops to go lower. 1350 01:31:19,260 --> 01:31:19,710 Why? 1351 01:31:19,740 --> 01:31:21,410 Because it went down to fair value. 1352 01:31:21,410 --> 01:31:23,850 You got this should provide support in here on a dollar index. 1353 01:31:24,240 --> 01:31:26,670 And I'm not expecting a big move because we're in consolidation. 1354 01:31:27,420 --> 01:31:28,290 So what about done here? 1355 01:31:28,290 --> 01:31:28,560 Okay. 1356 01:31:29,010 --> 01:31:33,930 I've created a criteria in concept form where the dollar should be 1357 01:31:33,930 --> 01:31:37,830 forming bullishness or support at a time when the price of your 1358 01:31:37,830 --> 01:31:39,180 dollar is rallying above an OHI. 1359 01:31:39,630 --> 01:31:43,080 This, this rally is going to be suspect they're coming back 1360 01:31:43,080 --> 01:31:44,160 there to take those stops. 1361 01:31:44,830 --> 01:31:47,100 There's likely to have being a big upper range, not likely. 1362 01:31:47,550 --> 01:31:52,740 So all these classifications and conditions being met around 1363 01:31:52,740 --> 01:31:53,820 a specific time of the day. 1364 01:31:54,330 --> 01:32:01,440 Well, we've already seen this type of day or time of day, rather 14, 15 sets 1365 01:32:02,340 --> 01:32:07,710 nine 15 in the morning and your time and your expected a small range day. 1366 01:32:08,550 --> 01:32:12,630 You're gonna possibly see what, uh, New York reversal, New York reversal unfolds. 1367 01:32:12,900 --> 01:32:15,720 And you could see it was only one PIP above this high and 1368 01:32:15,720 --> 01:32:16,770 really, really nice entry. 1369 01:32:18,930 --> 01:32:23,640 Everything that I've done was the go back and price and figure 1370 01:32:23,640 --> 01:32:25,830 out what that manipulation was. 1371 01:32:26,130 --> 01:32:27,930 And why would they want to knock out that individual? 1372 01:32:27,930 --> 01:32:30,030 Or why would they want to take price down to a specific level? 1373 01:32:30,330 --> 01:32:32,100 What's that storyline see? 1374 01:32:32,110 --> 01:32:33,150 No one teaches that. 1375 01:32:33,150 --> 01:32:35,870 They'll always talk about it in hindsight, but no one has been able to put. 1376 01:32:36,930 --> 01:32:40,660 The work to outline what that storyline. 1377 01:32:41,070 --> 01:32:41,280 Okay. 1378 01:32:41,280 --> 01:32:42,300 If you look at, uh, 1379 01:32:45,330 --> 01:32:50,460 Steve Morrow's, um, business, what he's done with my information, he's had a 1380 01:32:50,460 --> 01:32:56,400 lot of indicators and crap to it, but he talks about just the simple failure swings 1381 01:32:56,400 --> 01:32:57,630 at the highs and the lows in London. 1382 01:32:58,230 --> 01:32:58,590 Okay. 1383 01:32:59,280 --> 01:33:00,480 Sometimes it doesn't create that. 1384 01:33:01,230 --> 01:33:02,970 And that's why people that use that stuff. 1385 01:33:02,970 --> 01:33:03,780 They find on the internet. 1386 01:33:03,810 --> 01:33:05,610 They don't always get good setups. 1387 01:33:05,850 --> 01:33:08,820 Sometimes they're going to sell short and it runs up one more time and goes 1388 01:33:08,820 --> 01:33:12,390 into a breaker, or it goes in and fills in a void, or it closes a gap. 1389 01:33:12,990 --> 01:33:14,100 See, he didn't learn that. 1390 01:33:14,550 --> 01:33:16,050 I kept all that stuff from him. 1391 01:33:16,260 --> 01:33:17,640 I kept it from everyone. 1392 01:33:18,840 --> 01:33:22,590 The storyline is there has to be a movement in price to 1393 01:33:22,590 --> 01:33:24,660 go to a rebalancing point. 1394 01:33:26,220 --> 01:33:28,380 That's what I liked about Chris Laurie, because he's real close 1395 01:33:28,380 --> 01:33:29,520 to it, but he doesn't have it. 1396 01:33:30,270 --> 01:33:31,560 He understands imbalances. 1397 01:33:31,800 --> 01:33:34,950 But if you look at what he teaches, he doesn't teach everything that I taught 1398 01:33:34,980 --> 01:33:36,570 just in the snow, the sniper series. 1399 01:33:37,080 --> 01:33:40,560 If he incorporated that with what he does, he probably do a lot better. 1400 01:33:41,580 --> 01:33:43,590 Secondly, uh, there's another guy. 1401 01:33:43,590 --> 01:33:49,830 Steve is a Steven Cole, Cole, Martin Cole, Martin Cole. 1402 01:33:50,460 --> 01:33:54,110 Um, he, you know, he has information, supposedly that's the market maker, this, 1403 01:33:54,110 --> 01:34:00,870 this market maker that again, watered down version of a PDF file from 2001. 1404 01:34:01,890 --> 01:34:04,080 And again, he talks about the box. 1405 01:34:04,080 --> 01:34:05,250 What size is what's inside the box? 1406 01:34:06,135 --> 01:34:06,495 Okay. 1407 01:34:07,095 --> 01:34:09,465 All that was is a watered down version of a conversation. 1408 01:34:09,465 --> 01:34:13,905 I had referring to how in consolidations, we want to know what the market makers 1409 01:34:13,905 --> 01:34:15,915 are going to do inside that range. 1410 01:34:16,605 --> 01:34:20,295 And the manipulation is if we're bullish, we want to see that manipulation move out 1411 01:34:20,295 --> 01:34:22,155 of the box, lower that's the Judas swing. 1412 01:34:22,215 --> 01:34:23,775 I didn't call it a Judas swing at. 1413 01:34:23,775 --> 01:34:27,555 I said, we want to see a swing out of that box, whatever that box is going to be. 1414 01:34:27,585 --> 01:34:28,245 Well, guess what? 1415 01:34:28,605 --> 01:34:32,325 There's several instances throughout the 24 hour trading day, where you 1416 01:34:32,325 --> 01:34:33,575 can see a potential Judas swing. 1417 01:34:33,585 --> 01:34:34,605 One of them is London lunch. 1418 01:34:35,145 --> 01:34:36,495 One of them is Lennon close. 1419 01:34:37,095 --> 01:34:38,685 One of them is London open. 1420 01:34:38,775 --> 01:34:40,875 And the other is the new day. 1421 01:34:41,985 --> 01:34:46,125 New York is generally always a reversal or it's a continuation. 1422 01:34:48,615 --> 01:34:54,135 The way I break down price with all these storyline ideas is it gives 1423 01:34:54,135 --> 01:34:58,095 you context, context that doesn't appear in any other discipline. 1424 01:34:58,695 --> 01:35:04,965 So the greatest work I've had and what makes my whole approach to trading unique 1425 01:35:04,965 --> 01:35:11,385 is that I have always gone into price to try to justify what it is that's going on 1426 01:35:11,385 --> 01:35:13,035 because I don't see buyers and sellers. 1427 01:35:13,695 --> 01:35:14,925 That's what the market teaches us. 1428 01:35:15,225 --> 01:35:18,105 If you listen to supply and demand, the guy says he learned this by 1429 01:35:18,105 --> 01:35:21,075 looking at the stack of tickets, how many buy orders and how many 1430 01:35:21,075 --> 01:35:23,715 sellers he didn't clear for everybody. 1431 01:35:24,135 --> 01:35:26,415 So that's nonsense by itself right away. 1432 01:35:26,415 --> 01:35:27,135 That's nonsense. 1433 01:35:27,435 --> 01:35:29,265 That's like saying, you know, the total volume. 1434 01:35:29,655 --> 01:35:30,165 Okay. 1435 01:35:30,255 --> 01:35:33,915 In, um, enforced because your broker shows you therefore. 1436 01:35:34,695 --> 01:35:38,925 That doesn't equal the same amount of the total volume of that buying or selling. 1437 01:35:38,925 --> 01:35:43,255 And you're not going to get real accurate, uh, volume for four X because 1438 01:35:43,255 --> 01:35:44,775 it's, there's no local exchange. 1439 01:35:44,804 --> 01:35:46,155 There's no centralized exchange. 1440 01:35:46,155 --> 01:35:51,465 So again, I mean, we could talk about this all day long and it's either 1441 01:35:51,465 --> 01:35:54,735 going to bore you or you're going to be like, well, I didn't know that. 1442 01:35:54,855 --> 01:35:58,304 I mean, we've said it enough, but the point is, is I don't want to 1443 01:36:00,405 --> 01:36:02,804 give you the impression that I'm going to tell you their names. 1444 01:36:02,985 --> 01:36:03,434 Okay. 1445 01:36:03,644 --> 01:36:05,235 And how are you going to meet them all my business? 1446 01:36:05,235 --> 01:36:09,554 Because when I walked away from it, I was scared, you know? 1447 01:36:09,554 --> 01:36:16,724 And I was nervous when I first put my first video up, I was 1448 01:36:16,724 --> 01:36:17,835 reminding myself out loud. 1449 01:36:18,285 --> 01:36:19,635 I'm only going to teach this much. 1450 01:36:19,995 --> 01:36:21,255 I'm going to say this much. 1451 01:36:21,495 --> 01:36:26,835 And, but what happened was, is I got very, very good feedback, which I knew 1452 01:36:26,835 --> 01:36:34,094 it would, but the feedback became like a reliving of the, that moment that I got. 1453 01:36:34,815 --> 01:36:38,565 And I got addicted to that feeling of, I know what that feeling is for them. 1454 01:36:39,405 --> 01:36:40,175 And I wanted to relive it. 1455 01:36:40,175 --> 01:36:43,005 And if you go back and listen to my videos actually got emotional sometimes. 1456 01:36:43,485 --> 01:36:46,815 And because I know what it's like, I know exactly what it's like for all of you. 1457 01:36:47,505 --> 01:36:49,724 I know it's like when you were struggling, I know when it's like, when you're 1458 01:36:49,724 --> 01:36:51,615 getting right on the cusp of success. 1459 01:36:52,155 --> 01:36:55,485 And I know it's like when you get it and you finally have it and 1460 01:36:55,485 --> 01:36:58,065 there's nothing I can do to take it back from you and nothing. 1461 01:36:58,065 --> 01:37:00,165 Anyone else is gonna say to change your mind about it, you'll know. 1462 01:37:01,035 --> 01:37:01,635 You know it. 1463 01:37:01,995 --> 01:37:04,875 So it's like, you know, London creating and high, low today. 1464 01:37:04,934 --> 01:37:07,844 I mean, you know, it now it's a direction on biases. 1465 01:37:07,875 --> 01:37:11,355 You know, one sided, you know, what's going to happen between 1466 01:37:11,355 --> 01:37:12,885 two o'clock and four o'clock in the morning, New York time. 1467 01:37:13,934 --> 01:37:14,955 It's an, it's a dead ringer. 1468 01:37:15,195 --> 01:37:17,144 Not every day is going to do it, but you know, that there's 1469 01:37:17,155 --> 01:37:18,465 likelihood that unfolding it's there. 1470 01:37:18,855 --> 01:37:23,894 So, uh, when I first started talking about the deviations on central 1471 01:37:23,894 --> 01:37:27,585 bank deals, range right away, people were trying to apply it. 1472 01:37:28,215 --> 01:37:30,465 And because they don't have all the conditions that you would look 1473 01:37:30,465 --> 01:37:32,804 forward to apply it, oh, this is crap. 1474 01:37:32,835 --> 01:37:33,255 Doesn't work. 1475 01:37:34,065 --> 01:37:36,405 No, you don't have every piece of it. 1476 01:37:36,974 --> 01:37:42,705 If I give you, you know, four pieces of a jigsaw puzzle, the likelihood of you 1477 01:37:42,705 --> 01:37:46,155 knowing what their picture is, it's not likely you're going to know what it is. 1478 01:37:47,235 --> 01:37:50,985 So it's reasonable to assume you're not going to get the 1479 01:37:50,985 --> 01:37:52,215 outcome that you probably thought. 1480 01:37:52,605 --> 01:37:55,215 So, yeah, I feel comfortable with having central my dealer's range on a YouTube 1481 01:37:55,215 --> 01:38:00,585 channel because it gives them enough that they can find it in the charts sometimes 1482 01:38:00,585 --> 01:38:02,175 and say, wow, look how precise that was. 1483 01:38:02,385 --> 01:38:04,005 I wish I could have done that trade. 1484 01:38:04,184 --> 01:38:05,175 See, that's what you're learning. 1485 01:38:05,175 --> 01:38:08,535 You're learning all those things that leads to why you pay attention to central 1486 01:38:08,535 --> 01:38:11,684 bank dealer, trains that day and why you got one or two standard deviations. 1487 01:38:13,625 --> 01:38:18,855 I put it out there to let people know this is how I found it. 1488 01:38:19,934 --> 01:38:23,865 I did certain things and studied way price did these things, and 1489 01:38:23,865 --> 01:38:24,945 it doesn't make me a genius. 1490 01:38:24,945 --> 01:38:27,525 It just makes me an obsessive compulsive person. 1491 01:38:28,275 --> 01:38:29,785 I wasn't letting go of it until I figured. 1492 01:38:31,215 --> 01:38:36,555 And it took a long time for me to come to terms with, I wanted it to be perfect. 1493 01:38:36,555 --> 01:38:39,525 Like everyone, like I needed it to be every single day. 1494 01:38:39,525 --> 01:38:41,685 I need to know what the high and the low is every single day. 1495 01:38:42,495 --> 01:38:44,955 And I was only getting like two or three times a week where 1496 01:38:44,955 --> 01:38:45,915 I would nail the higher, low. 1497 01:38:46,935 --> 01:38:51,045 And then it came quickly that I realized that I didn't have to have it every single 1498 01:38:51,045 --> 01:38:54,675 day, because I knew there was repeating conditions that said, you know what? 1499 01:38:55,455 --> 01:38:59,655 It may unfold, but it's not as highly probable as these 1500 01:38:59,655 --> 01:39:00,765 other conditions I've noticed. 1501 01:39:01,815 --> 01:39:03,555 And that's what makes this hard. 1502 01:39:03,585 --> 01:39:04,905 My stuff is expensive. 1503 01:39:05,205 --> 01:39:07,755 It takes a lot of time, a lot of energy, a lot of effort. 1504 01:39:07,755 --> 01:39:11,265 But when you study it all, you're going to get freaky results, man. 1505 01:39:11,325 --> 01:39:17,055 I mean, ridiculous accuracy and you've seen, and you've seen some of it already. 1506 01:39:17,295 --> 01:39:24,075 So I went a long way around, who taught me this way, smart money really works, 1507 01:39:24,075 --> 01:39:31,275 but it was basically the information that these two gentlemen provided to 1508 01:39:31,275 --> 01:39:38,925 me by way of something I can't tell you or a teacher show you because it's 1509 01:39:38,925 --> 01:39:40,635 not for the general public to know. 1510 01:39:41,415 --> 01:39:43,485 And I signed something just like you signed something. 1511 01:39:43,515 --> 01:39:44,985 Could I can't divulge that? 1512 01:39:45,795 --> 01:39:51,495 So what I did was I bridged all that and I created what you're learning. 1513 01:39:52,380 --> 01:39:57,510 And you got about 75% of it now we're, we're coming to the end of it all. 1514 01:39:57,690 --> 01:40:01,650 But by the time we get through completed in August, I don't 1515 01:40:01,650 --> 01:40:02,760 have anything else to give. 1516 01:40:03,240 --> 01:40:05,670 There won't be anything else to teach and I'm done. 1517 01:40:05,700 --> 01:40:07,140 It'll satisfy that promise. 1518 01:40:07,140 --> 01:40:11,250 I made that if I was successful, I would make it available to other people. 1519 01:40:12,060 --> 01:40:12,840 And I'm doing that. 1520 01:40:13,770 --> 01:40:21,300 So don't think for a minute down ever holding some secret back that you need 1521 01:40:21,330 --> 01:40:25,290 to make it work because everything that I'm teaching you in this entire course, 1522 01:40:25,530 --> 01:40:30,390 all 12 months of the content, that's everything I know and how I use it. 1523 01:40:30,690 --> 01:40:31,440 And when I use it. 1524 01:40:31,890 --> 01:40:34,830 So there's nothing, there's no secret series of videos. 1525 01:40:34,830 --> 01:40:35,550 That's going to come out. 1526 01:40:35,910 --> 01:40:37,050 There's no upsell. 1527 01:40:37,200 --> 01:40:40,590 Hey, if you really want to know that I'm done, um, there's nothing 1528 01:40:40,590 --> 01:40:42,030 else I'm going to teach you. 1529 01:40:42,300 --> 01:40:44,340 And there's nothing else you'll ever need to learn. 1530 01:40:44,760 --> 01:40:46,170 You'll never need to buy another book. 1531 01:40:46,350 --> 01:40:48,630 You'll never need to look at another workshop or video. 1532 01:40:48,960 --> 01:40:51,480 Another teacher you'll know everything you need to know. 1533 01:40:52,080 --> 01:40:55,650 You'll know that every criteria that you use it in and when not to use any of it. 1534 01:40:56,820 --> 01:40:59,520 And that's a complete, that's a complete method of trading. 1535 01:41:00,990 --> 01:41:05,070 You know, I like Chris Laurie, cause he's got a lot of simple things about price. 1536 01:41:05,070 --> 01:41:07,680 That makes sense because it's very close to what I do. 1537 01:41:08,070 --> 01:41:11,970 But maybe if I was going to be highly critical, you know, just about every one 1538 01:41:11,970 --> 01:41:14,730 of them, except for, uh, closing, avoid. 1539 01:41:16,165 --> 01:41:19,495 Um, they all have several things that I would like to add to it. 1540 01:41:20,005 --> 01:41:23,724 And we've exchanged ideas in conversation on the phone, or, you know, and when 1541 01:41:23,724 --> 01:41:28,915 we did do webinars together, uh, at the end, you know, go over certain things 1542 01:41:28,915 --> 01:41:34,285 and we would compare ideas about what we would interpret price at specific 1543 01:41:34,285 --> 01:41:40,134 little on why this and why that, but apart from him, nobody else I don't think 1544 01:41:40,134 --> 01:41:45,924 should be listened to in the foreign exchange market, because it's all fluff. 1545 01:41:46,285 --> 01:41:48,205 It's leading you the other direction. 1546 01:41:48,594 --> 01:41:56,005 While there may be some momentary response off a price based on, you 1547 01:41:56,005 --> 01:41:59,905 know, something that didn't even put that person in the trade with. 1548 01:42:00,174 --> 01:42:04,825 It just happened to be an overlap where it worked like pivots pivot, sometimes 1549 01:42:04,825 --> 01:42:07,705 work, and sometimes they don't, but we always see them in books where they 1550 01:42:07,705 --> 01:42:09,445 always call the low and the high today. 1551 01:42:10,375 --> 01:42:11,934 That's not always the case. 1552 01:42:12,684 --> 01:42:16,915 There are certain things that, you know, I teach just about generic to the degree 1553 01:42:16,915 --> 01:42:18,625 where you can expect it almost daily. 1554 01:42:19,195 --> 01:42:23,665 And it's very, very accurate. 1555 01:42:24,474 --> 01:42:25,375 It's not like it comes in. 1556 01:42:25,375 --> 01:42:29,695 And once in a while, it's a daily phenomenon, every single day, a high or a 1557 01:42:29,695 --> 01:42:31,974 low forms, a moment in one pair another. 1558 01:42:32,485 --> 01:42:35,215 And if you go back and look at the analysis that leads you to a directional 1559 01:42:35,215 --> 01:42:38,665 bias, it's pretty much something you can treat every single day. 1560 01:42:39,264 --> 01:42:40,585 But I don't like to do that. 1561 01:42:40,585 --> 01:42:42,445 I'd rather be a selective special. 1562 01:42:43,530 --> 01:42:44,970 And I like Euro and cable. 1563 01:42:45,870 --> 01:42:51,150 I only offer dollar cat and Aldi dollar as a means of just providing 1564 01:42:51,150 --> 01:42:53,490 something else to prove that this stuff works in other pairs. 1565 01:43:04,070 --> 01:43:08,360 Um, I collapsed a year, a dollar trade because it hasn't moved and 1566 01:43:08,360 --> 01:43:11,840 we didn't see a continuation on a dollar index and it's yet to move. 1567 01:43:11,840 --> 01:43:15,500 So it's better to be on the sidelines now, nothing nothing's moving. 1568 01:43:18,019 --> 01:43:19,400 Uh, 1569 01:43:26,780 --> 01:43:29,660 would you add the free tutorial link stuff to this forum? 1570 01:43:30,410 --> 01:43:32,240 If taken down from your website? 1571 01:43:32,300 --> 01:43:33,380 Let me rephrase that Matt. 1572 01:43:34,940 --> 01:43:40,220 I'm taking them down individually and replacing them immediately. 1573 01:43:40,519 --> 01:43:43,610 So there won't be a point where the videos are gone from my forum. 1574 01:43:44,599 --> 01:43:48,800 I'm just having Cody go through them and remove the beginning intros and 1575 01:43:48,800 --> 01:43:53,870 adding a couple of different things in the production and then re re replacing 1576 01:43:53,870 --> 01:43:55,760 it back on the web on my forum. 1577 01:43:56,390 --> 01:43:58,790 Well, not a formal one, but my website, I'm not taking anything 1578 01:43:58,790 --> 01:44:00,890 down to, to remove it entirely. 1579 01:44:00,890 --> 01:44:04,990 I'm just letting you know I'm going to be removing the, uh, the 1580 01:44:04,990 --> 01:44:07,220 website that's promoted in one. 1581 01:44:07,220 --> 01:44:08,960 I think if I'm not mistaken, one of the series. 1582 01:44:10,514 --> 01:44:13,365 My best one, in my opinion, slapper shouldn't have never had 1583 01:44:13,365 --> 01:44:15,304 that, that forum advertise on it. 1584 01:44:17,085 --> 01:44:23,235 And it does get to use daily action to eventually hit 20, 1585 01:44:23,235 --> 01:44:25,815 40, and 60 day data ranges. 1586 01:44:25,844 --> 01:44:32,264 Yes, David, if news outcome known and advanced by smart money. 1587 01:44:32,415 --> 01:44:32,804 Okay. 1588 01:44:33,195 --> 01:44:36,405 Is news outcome known and advanced by Slamon? 1589 01:44:40,035 --> 01:44:40,905 Let me say it like this. 1590 01:44:41,295 --> 01:44:46,125 There are people that know what the data releases are going to say before the fact. 1591 01:44:46,125 --> 01:44:46,514 Yes. 1592 01:44:47,955 --> 01:44:49,094 Are they smart money? 1593 01:44:49,335 --> 01:44:53,565 No, they're informed money because they know what the numbers are going to be. 1594 01:44:54,495 --> 01:44:57,884 The difference between informed money and smart money is smart. 1595 01:44:57,884 --> 01:45:01,785 Money will manipulate price around that news event. 1596 01:45:02,295 --> 01:45:03,825 So, I mean, give me an example. 1597 01:45:06,585 --> 01:45:10,905 You look at a specific report that comes out and if you go into Forex factory and 1598 01:45:10,905 --> 01:45:16,245 you click on the report, little folder, it tells you the basic idea of how to 1599 01:45:16,245 --> 01:45:17,865 use the inter or interpret the price. 1600 01:45:18,525 --> 01:45:21,165 Um, expectation based on the numbers release. 1601 01:45:21,735 --> 01:45:25,815 If this number is greater or higher, this is positive for the currency. 1602 01:45:26,535 --> 01:45:31,215 Well, the release comes out that mousse should be positive for the currency. 1603 01:45:31,455 --> 01:45:32,175 And what does it do? 1604 01:45:32,474 --> 01:45:32,925 He goes the other. 1605 01:45:34,415 --> 01:45:35,795 That's that's smart money. 1606 01:45:36,155 --> 01:45:39,305 They manipulate the thought processes because everyone's 1607 01:45:39,305 --> 01:45:40,805 interpretation of fundamentals. 1608 01:45:41,795 --> 01:45:43,055 That's not the secret to it. 1609 01:45:43,265 --> 01:45:45,605 Now it's the secret to long-term investing. 1610 01:45:45,605 --> 01:45:49,235 Yes, but I'm not in Forex for long-term investing. 1611 01:45:49,325 --> 01:45:50,645 I'm in here for velocity. 1612 01:45:50,675 --> 01:45:52,325 I'm going to put my money at work and pull it back out. 1613 01:45:52,385 --> 01:45:59,225 So I'm using the model of smart money, manipulating price around news events, 1614 01:45:59,225 --> 01:46:03,635 because what you normally expect to see happen, generally, isn't what happens. 1615 01:46:04,235 --> 01:46:04,895 And it's amazing. 1616 01:46:04,895 --> 01:46:08,585 It's almost like you can, you can just do the opposite, what you expect to 1617 01:46:08,585 --> 01:46:10,835 see and then lots of work to unfold. 1618 01:46:11,195 --> 01:46:14,825 And that manipulation that takes place while it'd be bullish for a currency. 1619 01:46:14,825 --> 01:46:19,205 If we see a specific number, come out in a high impact or medium impact news, and 1620 01:46:19,205 --> 01:46:22,865 if that release comes out and yes, it's at a number or data point that provides 1621 01:46:23,465 --> 01:46:24,695 what would be reasonably expected. 1622 01:46:24,695 --> 01:46:25,355 Bullishness. 1623 01:46:25,715 --> 01:46:29,885 If I see a rally up to a premium array, I'm selling short in that situation many 1624 01:46:29,885 --> 01:46:32,225 times, that's the manipulation side of it. 1625 01:46:32,225 --> 01:46:37,715 So I know what you're asking in regards to, um, does smart 1626 01:46:37,715 --> 01:46:38,975 money know what the news is? 1627 01:46:39,035 --> 01:46:40,745 Smart money doesn't care. 1628 01:46:40,985 --> 01:46:42,965 What the news is smart money. 1629 01:46:42,965 --> 01:46:47,885 When I refer to it is the bank that pushes price around and resets price 1630 01:46:48,125 --> 01:46:52,535 because they're making money off of unsetting I'm sorry, unsettling. 1631 01:46:52,895 --> 01:46:54,275 The large funds. 1632 01:46:54,365 --> 01:46:57,515 If they can make a run on that liquidity pool, they absorb that. 1633 01:46:57,965 --> 01:47:00,335 And also they come in, they can facilitate their own trade. 1634 01:47:00,785 --> 01:47:01,115 So. 1635 01:47:03,000 --> 01:47:06,720 Hopefully I answered your question, but they don't need to know what the news is. 1636 01:47:07,860 --> 01:47:09,120 News doesn't move price. 1637 01:47:10,740 --> 01:47:11,730 Psychology does. 1638 01:47:13,890 --> 01:47:17,790 Uh, I have started to become very good at trading. 1639 01:47:17,820 --> 01:47:21,450 Do you find it scary when you went, when your win rate is really high? 1640 01:47:22,410 --> 01:47:25,260 Um, I think I've talked about this in the mentorship and then another 1641 01:47:25,260 --> 01:47:27,570 time in our free YouTube videos. 1642 01:47:27,599 --> 01:47:33,960 But, uh, you do, you definitely want to avoid that John Wayne, you know, 1643 01:47:33,960 --> 01:47:36,240 when you start strutting around your house, thinking yourself, 1644 01:47:36,240 --> 01:47:37,320 I mean, I got this stuff linked. 1645 01:47:37,950 --> 01:47:43,170 That's usually when you're about to have a losing streak and it's because you 1646 01:47:43,170 --> 01:47:47,580 feel confident, but then when you have one loss that's reasonable and expected 1647 01:47:47,580 --> 01:47:53,010 and maybe a second loss, it's reasonable and she'd expected you flip out and you 1648 01:47:53,070 --> 01:47:55,860 see if you identify yourself with I'm. 1649 01:47:55,860 --> 01:47:56,160 Mr. 1650 01:47:56,160 --> 01:47:56,640 Perfect. 1651 01:47:57,300 --> 01:48:00,330 You quickly want to try to get that back because if you get it back, then, then you 1652 01:48:00,330 --> 01:48:01,769 can tell yourself verbally and out loud. 1653 01:48:02,010 --> 01:48:02,220 Yeah. 1654 01:48:02,220 --> 01:48:03,570 I think a lost, I got it right back right away. 1655 01:48:03,570 --> 01:48:04,440 So I'm still awesome. 1656 01:48:05,250 --> 01:48:09,450 So yes, you, it, you need to be aware of what you're feeling. 1657 01:48:09,480 --> 01:48:11,700 That's why, before you take a train, you want to write down how you feel 1658 01:48:12,780 --> 01:48:15,660 because you're not writing it down just to have it as a log to oh yeah. 1659 01:48:15,660 --> 01:48:17,610 That day I was happier that day I was depressed. 1660 01:48:18,030 --> 01:48:22,080 What you're dealing is, is you're making a mental mile marker for reflection. 1661 01:48:22,590 --> 01:48:26,040 Like I know I'm going into this trade right now. 1662 01:48:26,070 --> 01:48:26,880 I'm pissed off. 1663 01:48:27,510 --> 01:48:29,910 I'm pissed off because I got to drive 10 hours. 1664 01:48:30,960 --> 01:48:34,830 Okay tomorrow, because I don't want to go on an airplane. 1665 01:48:36,330 --> 01:48:37,889 You know, I'm mad, I'm angry. 1666 01:48:37,920 --> 01:48:38,219 Okay. 1667 01:48:38,219 --> 01:48:40,049 So I'm going to make that an entry in my journal. 1668 01:48:40,049 --> 01:48:42,360 So right away, that should be a reminder. 1669 01:48:42,360 --> 01:48:45,929 Hey, look, I'm going to probably be doing things emotionally in the marketplace. 1670 01:48:46,290 --> 01:48:51,900 So if I take a loss, be done with the market, then don't take another trade. 1671 01:48:51,929 --> 01:48:56,339 So that's why the benefit of having that in your journal is there now 1672 01:48:56,370 --> 01:49:02,670 in relationship to how, if you were feeling, I feel good today. 1673 01:49:02,820 --> 01:49:08,370 I feel, I feel confident today, or I feel like I'm winning, you 1674 01:49:08,370 --> 01:49:09,809 know, then you're really elated. 1675 01:49:10,349 --> 01:49:15,650 So when you are in a winning trade and you feel the impulse to say, like, I 1676 01:49:15,660 --> 01:49:16,769 want to hold for a little bit more. 1677 01:49:16,799 --> 01:49:19,110 It's it's going to turn into a bigger trade reflect back 1678 01:49:19,110 --> 01:49:20,130 on how you started the day. 1679 01:49:20,670 --> 01:49:21,960 If you feel like you're Mr. 1680 01:49:21,960 --> 01:49:22,380 Perfect. 1681 01:49:22,380 --> 01:49:23,610 And everything's awesome. 1682 01:49:23,969 --> 01:49:24,360 Okay. 1683 01:49:25,259 --> 01:49:29,549 You want to close the trade because you're already getting that king Kong feeling and 1684 01:49:30,179 --> 01:49:31,980 believe me, that is such a true statement. 1685 01:49:31,980 --> 01:49:34,230 When Larry Williams said it, as soon as you pull out the calculator and start 1686 01:49:34,230 --> 01:49:36,870 thinking about how much more you're going to make on the trade, get out. 1687 01:49:37,589 --> 01:49:39,059 And it's that served me well. 1688 01:49:39,059 --> 01:49:41,040 It's, it's like a gospel now for me. 1689 01:49:41,040 --> 01:49:44,009 I listened to it in my internal dialogue all the time. 1690 01:49:44,759 --> 01:49:49,259 So yes, to answer your question, Dan, it is, it should be scary for you when 1691 01:49:49,259 --> 01:49:51,839 your win rate goes really, really high, because you know, what's going to happen. 1692 01:49:51,839 --> 01:49:54,120 Eventually you're going to have a loss and how you deal with 1693 01:49:54,120 --> 01:49:56,429 that loss is going to be really. 1694 01:49:57,225 --> 01:50:01,095 A direct correlation to how you're going to be a trader for the next 1695 01:50:01,095 --> 01:50:03,225 month or, and a half, because you're probably gonna lose your account. 1696 01:50:03,945 --> 01:50:08,145 You're gonna think you're too high and mighty as a trader and you won't accept 1697 01:50:08,175 --> 01:50:10,875 one loss cause you're gonna try to hurt and get it back to prove that you are 1698 01:50:10,875 --> 01:50:15,315 that's the rockstar and it messes you up and you, and you parlay that one 1699 01:50:15,315 --> 01:50:17,235 or two losses into a series of them. 1700 01:50:17,625 --> 01:50:18,855 And you know what the outcome is. 1701 01:50:18,915 --> 01:50:20,475 You're not gonna have to keep the same risk model. 1702 01:50:20,775 --> 01:50:21,855 You're not going to double down. 1703 01:50:22,275 --> 01:50:24,975 You don't have to reduce, okay, you're going to double up. 1704 01:50:25,905 --> 01:50:28,065 You're going to increase the leverage because you want to get it back. 1705 01:50:30,795 --> 01:50:31,275 Bruised. 1706 01:50:31,305 --> 01:50:34,725 Ego syndrome is the worst scenario for men in trading. 1707 01:50:37,395 --> 01:50:39,615 We don't care if we take a loss, as long as we get it back the same day 1708 01:50:42,465 --> 01:50:45,075 after the mentorship, did we still have a chance to learn from you? 1709 01:50:45,255 --> 01:50:50,955 Uh, you were saying that you will have a signal service or something like that. 1710 01:50:51,495 --> 01:50:52,275 Is this the case? 1711 01:50:52,845 --> 01:50:55,485 Um, I don't believe I'm going to be doing a single service. 1712 01:50:55,485 --> 01:51:00,105 Now I do that, the domestic patrols, but I have committed, 1713 01:51:01,035 --> 01:51:02,385 uh, once a week to you guys. 1714 01:51:02,385 --> 01:51:03,105 I think that's fair. 1715 01:51:03,105 --> 01:51:06,585 My wife and my family would have no problem allowing me to put 1716 01:51:06,585 --> 01:51:08,355 15 or 20 minutes into a weekly. 1717 01:51:09,075 --> 01:51:10,785 Um, you know, just to touch base. 1718 01:51:10,825 --> 01:51:13,535 Everybody give up, give my opinion about what the markets are doing that would do 1719 01:51:13,545 --> 01:51:17,445 that in a real quick, short 15 minute, 20 minute video on a weekend, like on 1720 01:51:17,445 --> 01:51:20,895 a Saturday and say, Hey look, you know, I'm really watching this this week. 1721 01:51:21,165 --> 01:51:22,455 That way you can use the information you learned. 1722 01:51:23,460 --> 01:51:26,490 But I don't want to make a promise to you anything more than that, but 1723 01:51:26,490 --> 01:51:28,800 I think once a week is fair and you guys will have a lot of information. 1724 01:51:28,800 --> 01:51:31,530 We'll be doing your own thing, but I'll still operate through the forum. 1725 01:51:34,740 --> 01:51:35,640 Uh, 1726 01:51:40,710 --> 01:51:41,940 I'm confused on ADR. 1727 01:51:41,940 --> 01:51:47,430 Do we use the whole range for stop-loss or 50% if you're doing a swing trade or 1728 01:51:47,430 --> 01:51:52,920 a position trade, and you think that the position is more likely to move off of 1729 01:51:52,920 --> 01:51:59,850 a hard timeframe, longer term, you enter this time of day with the full five day 1730 01:51:59,880 --> 01:52:01,230 average daily range as your stop loss. 1731 01:52:01,710 --> 01:52:02,519 And it makes it real easy. 1732 01:52:02,519 --> 01:52:05,310 You don't have to be doing anything scientific measurements 1733 01:52:05,310 --> 01:52:05,910 or anything like that. 1734 01:52:05,910 --> 01:52:10,200 It is simply get a value range for buying and you subtract that from the 1735 01:52:10,200 --> 01:52:13,380 opening price or 10 or 20 cars below. 1736 01:52:13,390 --> 01:52:16,110 If you want to be buying all limit in place your, uh, 1737 01:52:16,140 --> 01:52:17,100 find the average value range. 1738 01:52:17,490 --> 01:52:19,560 Stop-loss below that and years let it go. 1739 01:52:20,820 --> 01:52:24,090 If you're not going to be using higher timeframe, swing or position trading 1740 01:52:24,090 --> 01:52:28,560 entry, you just take a 50% of that last five days, average daily range. 1741 01:52:28,560 --> 01:52:30,030 And that's a really good general thump. 1742 01:52:30,660 --> 01:52:33,480 And if you can provide support with all the things you learned from 1743 01:52:33,480 --> 01:52:36,360 last month and this month content, you're going to find it yourself. 1744 01:52:36,360 --> 01:52:37,140 I'm going to be a little small. 1745 01:52:40,815 --> 01:52:41,715 Uh, 1746 01:52:45,255 --> 01:52:49,184 some of these questions are really, really, really old and you were 1747 01:52:49,184 --> 01:52:52,215 probably responding to something I said, and I can't pull that up to 1748 01:52:52,215 --> 01:52:53,325 figure out what you were saying. 1749 01:52:55,845 --> 01:52:57,554 I don't ever use the Euro index now. 1750 01:52:58,934 --> 01:53:01,724 Um, yes. 1751 01:53:01,724 --> 01:53:02,955 I want the liquidity to come back to, 1752 01:53:07,065 --> 01:53:08,655 am I staying the whole New York session? 1753 01:53:08,655 --> 01:53:12,675 No, I'm going to be closing here in two minutes because the video 1754 01:53:12,675 --> 01:53:14,894 is now approaching two hours. 1755 01:53:25,355 --> 01:53:30,644 A lot of repeats questions. 1756 01:53:35,625 --> 01:53:36,135 Yes. 1757 01:53:37,514 --> 01:53:42,135 This is what we're doing when we complete this month, apart from any 1758 01:53:42,135 --> 01:53:49,365 little subtle things that I teach you in August, there will only be applications 1759 01:53:49,394 --> 01:53:50,775 of everything that I've taught. 1760 01:53:51,255 --> 01:53:53,865 So anytime we go about discussing the marketplace, 1761 01:53:54,915 --> 01:53:56,655 we'll be framing on our daily. 1762 01:53:58,110 --> 01:54:01,290 So you'll have a daily chart and a lower timeframe chart. 1763 01:54:01,320 --> 01:54:03,719 It may be a four hour, maybe I want, or maybe a 15, a typing 1764 01:54:03,990 --> 01:54:06,570 depending upon what the conditions is on marketplace at that time. 1765 01:54:07,170 --> 01:54:09,330 And I'll tell you what side of the marketplace I'm focusing on. 1766 01:54:09,330 --> 01:54:13,469 If it's going to be a short term swing or position, if there's conditions 1767 01:54:13,469 --> 01:54:17,759 are there, you'll always see that in my chart and you'll have the levels 1768 01:54:17,759 --> 01:54:19,080 that I'm watching in a PD, right? 1769 01:54:19,889 --> 01:54:26,309 So while there are other PDA rays to work off of, when I do my chart index charts 1770 01:54:26,309 --> 01:54:29,969 with you, the ones I'm focusing on that I think is the largest draw on price. 1771 01:54:29,969 --> 01:54:30,389 Like I do. 1772 01:54:30,389 --> 01:54:32,070 Now that will still be there. 1773 01:54:32,219 --> 01:54:34,769 I'm not going to address the chart over every single PD array, because 1774 01:54:34,769 --> 01:54:39,150 then it comes two months, but I'm telling you why I believe price 1775 01:54:39,150 --> 01:54:40,349 is going to go to that PD array. 1776 01:54:40,769 --> 01:54:42,870 And that Y that that's the basis. 1777 01:54:42,900 --> 01:54:45,179 Why you'll know why I think that market's going to go either 1778 01:54:45,570 --> 01:54:46,860 one, one shot, one kill basis. 1779 01:54:47,250 --> 01:54:49,950 If this is a day trade, if it's going to be a swing trade, or if 1780 01:54:49,950 --> 01:54:51,269 it's setting up for a position trade. 1781 01:54:51,660 --> 01:54:55,259 So once we get through this content of this month, everything we frame we'll have 1782 01:54:55,259 --> 01:54:59,519 to have a classification because there's nothing new in terms of the teachings 1783 01:54:59,519 --> 01:55:02,790 that you'll have in the mentorship after this month, just the application thereof. 1784 01:55:07,710 --> 01:55:09,269 Uh, 1785 01:55:14,370 --> 01:55:18,480 is there a financial news outcome known in advanced by smart money? 1786 01:55:19,620 --> 01:55:20,460 I think I already answered that. 1787 01:55:43,785 --> 01:55:47,655 Yes, I'll show you my, uh, my trading desk and all the modelers, all that stuff. 1788 01:55:47,655 --> 01:55:48,315 And now I do it, 1789 01:55:55,275 --> 01:55:56,085 the bat cave. 1790 01:56:00,315 --> 01:56:01,394 Uh, 1791 01:56:09,885 --> 01:56:13,335 I'm not sure if he asked the question Darrell, but see your comment 1792 01:56:13,335 --> 01:56:17,565 about wanting to leave Bitcoin. 1793 01:56:17,865 --> 01:56:19,335 I do not want to touch it. 1794 01:56:19,375 --> 01:56:20,175 Don't care about it. 1795 01:56:21,855 --> 01:56:22,545 Wouldn't trust it. 1796 01:56:22,815 --> 01:56:25,065 And you can fly all the way to the moon and I could care less. 1797 01:56:25,365 --> 01:56:26,415 Penny stocks do that too. 1798 01:56:26,415 --> 01:56:27,075 And they crash. 1799 01:56:32,055 --> 01:56:34,575 Will you be rich with these concepts? 1800 01:56:35,205 --> 01:56:37,425 Well, I don't know. 1801 01:56:37,695 --> 01:56:43,665 Rich is basically a term that everyone else will have a different definition for, 1802 01:56:44,385 --> 01:56:50,205 but I can tell you you'll be richly in, in, um, blessed because of the insights 1803 01:56:50,205 --> 01:56:51,875 that it gives you and how you use. 1804 01:56:52,815 --> 01:56:57,165 Obviously, you know, if you use wisdom in the right context, you know, it's 1805 01:56:57,165 --> 01:56:58,245 going to have a positive outcome. 1806 01:56:58,285 --> 01:57:02,505 If you put money to that as an investment, I don't know. 1807 01:57:03,045 --> 01:57:05,115 I don't know how much you can make, but if you don't do the 1808 01:57:05,115 --> 01:57:06,285 right things, you can lose a lot. 1809 01:57:11,505 --> 01:57:11,865 Yes. 1810 01:57:11,865 --> 01:57:13,125 I'm teaching flout this month. 1811 01:57:14,955 --> 01:57:15,675 Um, 1812 01:57:24,585 --> 01:57:27,345 active trace has dollar index and tight spreads. 1813 01:57:28,725 --> 01:57:29,505 Thank you about Yacko. 1814 01:57:29,865 --> 01:57:30,585 Um, 1815 01:57:37,915 --> 01:57:41,665 should we use four X LTD for analysis and transfer the ideas to 1816 01:57:41,665 --> 01:57:43,135 our live accounts for execution? 1817 01:57:44,215 --> 01:57:47,275 Well, I don't tell you to do live executions. 1818 01:57:47,305 --> 01:57:48,775 I tell you to work in four XLT D. 1819 01:57:49,255 --> 01:57:52,795 That's how I have to operate in the states to stay within the 1820 01:57:52,795 --> 01:57:55,105 regulations set forth by CFTC. 1821 01:57:55,825 --> 01:58:00,805 So you'll only hear me ever refer to demonstrate I'm not 1822 01:58:00,805 --> 01:58:02,455 licensed to give trade advice. 1823 01:58:02,485 --> 01:58:05,875 I'm only talking about things in a demo account where you can't make money and 1824 01:58:05,875 --> 01:58:11,695 you can't lose money, but I'm certain, some of you will see repeating phenomenon 1825 01:58:12,085 --> 01:58:16,165 that will bolster your confidence to make a segue into live accounts. 1826 01:58:16,585 --> 01:58:18,505 You decide when you're going to do that on your own. 1827 01:58:18,505 --> 01:58:19,315 I never tell you that. 1828 01:58:20,490 --> 01:58:23,250 Because the risks are all of these, they all yours just as 1829 01:58:23,250 --> 01:58:24,630 well as the, the winds are. 1830 01:58:25,530 --> 01:58:26,820 And I don't take credit for either one of them. 1831 01:58:29,460 --> 01:58:30,929 I can see you Andreas. 1832 01:58:31,139 --> 01:58:32,969 So I'm not sure if he said something other than that one. 1833 01:58:35,010 --> 01:58:35,219 Yeah. 1834 01:58:35,250 --> 01:58:35,910 No signal service. 1835 01:58:35,910 --> 01:58:36,510 I'm not doing that. 1836 01:58:36,540 --> 01:58:38,550 You guys don't, you, ain't going to need a signal service. 1837 01:58:40,080 --> 01:58:41,969 You're all going to be starting your own signal services. 1838 01:58:51,000 --> 01:58:51,450 Yes. 1839 01:58:51,450 --> 01:58:55,980 I'm going to teach how I do all my compounding when I'm working with an 1840 01:58:55,980 --> 01:58:57,900 account for real, real aggressive growth. 1841 01:59:00,750 --> 01:59:03,990 Uh, it works nice with tree software. 1842 01:59:07,139 --> 01:59:10,050 When transitioning into a live account in the future, what do 1843 01:59:10,050 --> 01:59:13,980 you advise as a reasonable amount to start with the lowest amount? 1844 01:59:13,980 --> 01:59:14,639 You can start with 1845 01:59:17,880 --> 01:59:21,000 whatever the minimum is that you can start with for life funds. 1846 01:59:21,120 --> 01:59:21,660 Use that. 1847 01:59:23,370 --> 01:59:28,860 And I mean this, okay, because if you can't grow a $1,000 live 1848 01:59:28,860 --> 01:59:32,460 account, you sure as hell are not going to grow a $50,000 live account. 1849 01:59:36,719 --> 01:59:41,580 You'll see when you trade with live money, even if it's a small 1850 01:59:41,580 --> 01:59:46,410 account, It's going to many times calls a great deal of a nerve. 1851 01:59:46,889 --> 01:59:47,759 It's going to unnerve you. 1852 01:59:48,240 --> 01:59:49,110 It's going to stretch out. 1853 01:59:49,589 --> 01:59:53,759 Cause you're going to, you won't have that feeling of I'm protected because it's a, 1854 01:59:53,820 --> 01:59:55,980 it's a demo on this study and the outcome. 1855 01:59:56,160 --> 01:59:59,429 So it's not, you're not done with this mentorship when you complete it, 1856 01:59:59,519 --> 02:00:01,230 you still have to make that segue. 1857 02:00:01,549 --> 02:00:05,099 Eventually, if you're going to invest in what life funds, you have an 1858 02:00:05,099 --> 02:00:08,610 experience of trading with live money that you have to go through too. 1859 02:00:08,670 --> 02:00:10,410 And that's all so little, it's all on you. 1860 02:00:10,980 --> 02:00:14,280 But if you stick to the things that's being taught to you, at least 1861 02:00:14,280 --> 02:00:16,320 you'll have a framework to work with. 1862 02:00:16,740 --> 02:00:18,780 And not just simply just go crazy with yourself. 1863 02:00:35,349 --> 02:00:37,660 And the think that you're a wants to reach down in here. 1864 02:00:39,880 --> 02:00:41,920 I guess they got tired of waiting and seeing if I was going to close this 1865 02:00:41,920 --> 02:00:45,730 session, man, ICT stopped talking. 1866 02:00:45,790 --> 02:00:46,480 We got to get this year. 1867 02:00:46,480 --> 02:00:47,080 We go lower. 1868 02:00:51,820 --> 02:00:52,750 I'm going to outwait them. 1869 02:00:54,639 --> 02:00:56,110 You got time of day to work with anybody. 1870 02:00:56,110 --> 02:00:56,530 I don't. 1871 02:00:58,509 --> 02:00:59,860 I can leave this recording all day. 1872 02:01:05,290 --> 02:01:08,740 What size of an account do you need to make $300 a week? 1873 02:01:09,660 --> 02:01:13,620 Um, you could probably do really good with a hundred thousand dollar account. 1874 02:01:14,550 --> 02:01:16,500 You probably wouldn't take much effort at all to make that 1875 02:01:21,480 --> 02:01:25,140 a a hundred, a hundred thousand dollars. 1876 02:01:25,140 --> 02:01:27,120 You can, uh, you can do really well with that. 1877 02:01:27,120 --> 02:01:28,950 You could probably get three 50 easy, 1878 02:01:32,400 --> 02:01:33,570 but you probably had to stay up all one. 1879 02:01:33,570 --> 02:01:34,110 And to get that 1880 02:01:38,550 --> 02:01:42,330 in seriousness, uh, to make $300 a week. 1881 02:01:42,720 --> 02:01:47,490 Um, let me see here if I was going, if I went back in time and I said to 1882 02:01:47,490 --> 02:01:51,870 make 300 hours a week, let's see, uh, 1883 02:02:10,850 --> 02:02:11,780 $5,000, 1884 02:02:14,870 --> 02:02:15,770 $5,000. 1885 02:02:15,800 --> 02:02:22,310 And if you do a three to one vision, a 2% risk, you can get a $300 on that. 1886 02:02:30,650 --> 02:02:31,760 So here's the Euro. 1887 02:02:35,025 --> 02:02:37,634 Reaching for the 10, I'm sorry. 1888 02:02:37,634 --> 02:02:40,365 The 1 0 8 90 cell stops 1889 02:02:45,134 --> 02:02:46,575 is $10,000 per week. 1890 02:02:46,575 --> 02:02:47,655 A realistic target. 1891 02:02:47,835 --> 02:02:50,535 Well, for demo, it's realistic. 1892 02:02:52,405 --> 02:02:56,384 Overleveraging and you're putting as much as you possibly can and not 1893 02:02:56,384 --> 02:03:02,594 worry about margin calls, but to make $10,000 a realistic weekly objective. 1894 02:03:03,735 --> 02:03:07,575 If you have a larger account, obviously it's all relative and how much you're 1895 02:03:07,755 --> 02:03:09,105 earning and how much you're losing. 1896 02:03:10,094 --> 02:03:12,165 But I think the question that's why I answered it. 1897 02:03:12,224 --> 02:03:13,995 The question was it was realistic. 1898 02:03:14,144 --> 02:03:16,755 You know, what, what do you need to have to make about 300 hours a week? 1899 02:03:21,554 --> 02:03:24,495 Yeah, I'm trying to outlast them today with the Euro. 1900 02:03:27,605 --> 02:03:28,705 Let's see what the dollar is doing. 1901 02:03:28,724 --> 02:03:30,094 See if it's running for these buys stuff. 1902 02:03:30,125 --> 02:03:30,844 Ooh, look at that. 1903 02:03:31,745 --> 02:03:34,655 They took out their equal highs, but it doesn't mean it. 1904 02:03:34,655 --> 02:03:35,945 Can't this call right back in the middle. 1905 02:03:38,945 --> 02:03:40,025 We had to expand up. 1906 02:03:41,585 --> 02:03:43,804 We already identified these equal highs here. 1907 02:03:43,804 --> 02:03:47,764 So we want to see a price run through next level here to watch this yesterday's high. 1908 02:03:47,974 --> 02:03:50,375 So if it gets through that, we'll probably want to see a signal expansion. 1909 02:03:54,304 --> 02:03:55,134 What sound that I'm making? 1910 02:03:55,134 --> 02:03:55,804 I don't know what I said. 1911 02:04:15,450 --> 02:04:18,509 Let's look on a five minute gives more volatility. 1912 02:04:19,679 --> 02:04:22,980 Well, I think if we put it on a one minute, at least it'll feel 1913 02:04:22,980 --> 02:04:24,299 like we were a trade in London. 1914 02:04:30,480 --> 02:04:30,660 Yeah. 1915 02:04:30,660 --> 02:04:31,349 I'm just going to say it. 1916 02:04:31,349 --> 02:04:35,849 I think they're out here watching what I'm doing and they're basically 1917 02:04:36,570 --> 02:04:37,679 trying to screw up wherever they can. 1918 02:04:37,679 --> 02:04:41,849 Cause if they can unseat me, then there's going to be no faith in what I'm teaching. 1919 02:04:41,860 --> 02:04:43,080 And everybody's just forget about 1920 02:04:47,639 --> 02:04:51,000 Merkel's sitting at her terminal right now saying, look, we got 1921 02:04:51,000 --> 02:04:52,200 to get this guy off the internet. 1922 02:04:52,469 --> 02:04:53,190 What are we gonna do? 1923 02:04:53,429 --> 02:04:54,120 We had Robbie man. 1924 02:04:58,349 --> 02:04:58,679 Little. 1925 02:04:58,679 --> 02:04:59,190 Did he know? 1926 02:04:59,190 --> 02:04:59,969 I'm still short? 1927 02:05:13,769 --> 02:05:16,769 Alright, so we're looking for the cell stops below these equal 1928 02:05:16,980 --> 02:05:20,789 over here, 28th and May 1st. 1929 02:05:21,990 --> 02:05:23,429 So that's where our liquidity is. 1930 02:05:23,469 --> 02:05:25,290 We've already ran out to sell stocks below here. 1931 02:05:56,115 --> 02:05:56,925 No, I'm not short. 1932 02:05:56,955 --> 02:05:57,615 I'm just kidding. 1933 02:05:57,764 --> 02:05:59,715 I'm saying that to see if they could get to work yet. 1934 02:06:00,554 --> 02:06:01,325 And I'm still short. 1935 02:06:01,345 --> 02:06:02,445 Lots of go up 90 pips. 1936 02:06:13,215 --> 02:06:16,184 Norman says never trade the ruble or butanol send the desk squad. 1937 02:06:18,735 --> 02:06:19,365 Oh man. 1938 02:06:23,445 --> 02:06:29,595 I honestly, I hope I hope for not only for your sake, but for my sake, because 1939 02:06:30,885 --> 02:06:34,455 when the markets are really running and they're moving around, I promise you I 1940 02:06:34,455 --> 02:06:36,885 will be very entertaining in the markets. 1941 02:06:36,885 --> 02:06:41,025 We'll be able to be responsive to the levels I'm looking for that. 1942 02:06:41,054 --> 02:06:42,405 That's very fun. 1943 02:06:42,615 --> 02:06:46,304 It is so much fun to be in that environment where the markets have 1944 02:06:46,335 --> 02:06:49,425 volatility and we see where they're going, what they're keying off of. 1945 02:06:50,474 --> 02:06:52,785 But I can't stress that enough. 1946 02:06:52,815 --> 02:06:55,724 I'm I'm so disgusted with the way the market's trading right now. 1947 02:06:58,305 --> 02:07:04,815 I went to see something happen big and it may have to be something bad. 1948 02:07:04,845 --> 02:07:08,055 I don't want to wish anything bad on anybody, but we need to see something 1949 02:07:08,055 --> 02:07:12,735 happen to get these markets moving around, because they're right now to this sitting 1950 02:07:12,795 --> 02:07:14,144 and waiting for the next shoe to drop. 1951 02:07:15,285 --> 02:07:15,705 And it's real. 1952 02:07:15,764 --> 02:07:16,815 It's, it's difficult. 1953 02:07:16,845 --> 02:07:17,985 It's very difficult to get movement. 1954 02:07:25,295 --> 02:07:26,585 When was the last period? 1955 02:07:26,585 --> 02:07:28,474 When the markets was really good? 1956 02:07:28,474 --> 02:07:30,934 Well, the market was decent for us last fall. 1957 02:07:41,465 --> 02:07:45,155 Uh it's is it realistic to only trade in London, live in Europe? 1958 02:07:46,325 --> 02:07:48,635 You're finding that your most profitable and you're not tired. 1959 02:07:50,075 --> 02:07:53,705 That's well, as the benefit of having all the information, because you can select 1960 02:07:53,705 --> 02:07:55,985 the lead pick, whether you're going to be at London trader or New York trader, 1961 02:07:55,985 --> 02:08:00,394 or if you're forced to work in the time of day where you can't be up for London, 1962 02:08:00,394 --> 02:08:02,764 because you got to go to work or start your business, and you're doing your 1963 02:08:02,764 --> 02:08:06,545 business or you're working during the New York session, it kind of leads you to 1964 02:08:06,995 --> 02:08:12,245 doing what we taught you in April using the agent session to get your entries in. 1965 02:08:15,035 --> 02:08:19,355 Trust me, there's no reason for you to feel like your circumstances 1966 02:08:19,355 --> 02:08:20,075 are going to limit you. 1967 02:08:20,795 --> 02:08:24,065 There's something you can do that will provide you a means of trading. 1968 02:08:24,900 --> 02:08:28,050 And you can still participate in whatever moves that take place on Monday. 1969 02:08:28,380 --> 02:08:29,700 You don't have to be awake. 1970 02:08:30,420 --> 02:08:32,520 Don't don't think you have to be up doing that. 1971 02:08:32,760 --> 02:08:33,270 You don't. 1972 02:08:47,120 --> 02:08:53,150 Do you have any more insight to teach on price action formations that is 1973 02:08:53,150 --> 02:08:54,650 applicable to all asset classes? 1974 02:08:55,220 --> 02:08:55,700 Yes. 1975 02:09:01,400 --> 02:09:04,730 So every time price makes a high or low, there is a reason behind it. 1976 02:09:04,790 --> 02:09:06,200 Yes, absolutely. 1977 02:09:08,690 --> 02:09:13,100 Anytime price takes out an old high or an old low, you gotta be asking yourself 1978 02:09:13,130 --> 02:09:14,750 what would be the reason for that. 1979 02:09:15,620 --> 02:09:16,730 That's why I like turtle soup. 1980 02:09:17,570 --> 02:09:19,130 Turtle soup gives me context. 1981 02:09:19,400 --> 02:09:25,430 So I'm looking for a move above an old high to either justify continuation on a 1982 02:09:25,430 --> 02:09:31,160 larger move or higher timeframe premise, or to see them take the stops on a 1983 02:09:31,160 --> 02:09:35,030 short term manipulation to get short on. 1984 02:09:35,720 --> 02:09:38,420 And by having that storyline premise behind why you're looking 1985 02:09:38,420 --> 02:09:40,790 at price, it helps you with bias. 1986 02:09:40,820 --> 02:09:43,370 It helps you with overcoming fear. 1987 02:09:43,820 --> 02:09:45,440 Like I know this isn't that much of a move. 1988 02:09:45,450 --> 02:09:45,650 Okay. 1989 02:09:45,650 --> 02:09:48,200 But a lot of you're still scared to sell above that. 1990 02:09:49,080 --> 02:09:52,860 Like you would never think that to a comfortable position to be going up here 1991 02:09:52,860 --> 02:09:53,790 right above here, I'm going to sell it. 1992 02:09:53,820 --> 02:09:54,510 It doesn't make sense. 1993 02:09:54,540 --> 02:09:56,280 It feels like you're breaking out was really strong. 1994 02:09:56,970 --> 02:09:59,940 And that's why you have to do these exercises to this 1995 02:09:59,950 --> 02:10:01,230 basically desensitize you to it. 1996 02:10:02,340 --> 02:10:05,160 And once you understand the conditions and the rules that we look for, it's 1997 02:10:05,160 --> 02:10:08,880 no problem to do over and over and over again, you won't fear taking losses 1998 02:10:12,090 --> 02:10:14,220 and a lot of you, that's what you only have to do right now. 1999 02:10:14,250 --> 02:10:18,210 I mean, you know enough that if you just simply would just practice and 2000 02:10:18,210 --> 02:10:21,810 execute on it, most of your problems right now are all in your head. 2001 02:10:22,170 --> 02:10:22,830 You're afraid. 2002 02:10:23,310 --> 02:10:23,730 You're afraid. 2003 02:10:23,730 --> 02:10:27,180 If you have a string of losses, you're afraid if you, if it doesn't continue 2004 02:10:27,720 --> 02:10:29,250 in your favor, who would have happened. 2005 02:10:29,250 --> 02:10:33,300 If you go into a tailspin, you know, are you going to nuclear account? 2006 02:10:36,840 --> 02:10:42,390 See what cables doing, uh, their whole Caitlin consolidation today. 2007 02:10:46,140 --> 02:10:46,710 And here we are. 2008 02:10:48,960 --> 02:10:50,880 So they're holding K one consolidation. 2009 02:10:50,910 --> 02:10:52,320 They're dropping Euro pound. 2010 02:10:54,210 --> 02:10:56,160 So your pound needs to go below these lows here. 2011 02:10:56,610 --> 02:10:58,110 We have a gap right in here. 2012 02:11:02,940 --> 02:11:06,540 So this might be a really short lived decline on fiber. 2013 02:11:07,800 --> 02:11:08,610 So we're looking for that. 2014 02:11:08,640 --> 02:11:10,380 That'll take the cell stops, closing that gap. 2015 02:11:12,330 --> 02:11:15,270 So if it goes down anymore, it probably is only going to go to 2016 02:11:15,270 --> 02:11:16,830 reaching for these, if at all. 2017 02:11:17,670 --> 02:11:17,820 So. 2018 02:11:18,585 --> 02:11:23,265 Just be mindful that, all right, I'm going to close this one. 2019 02:11:23,265 --> 02:11:27,735 Cause it is a very, very, very long, very long video. 2020 02:11:27,945 --> 02:11:31,305 And the folks that sit in indoor, this are gonna be like really SFU, all that. 2021 02:11:31,335 --> 02:11:32,055 What did I get from it? 2022 02:11:33,345 --> 02:11:37,215 But yeah, I, I promise you my, my time. 2023 02:11:37,365 --> 02:11:38,895 So it is what it is. 2024 02:11:39,465 --> 02:11:45,645 The, uh, the Euro finally moved a little bit that moved much, but right 2025 02:11:45,645 --> 02:11:49,095 side of the market, again, like I said, once they, once they relax 2026 02:11:49,125 --> 02:11:56,685 the market and they can see movement and trust me, you will be elated. 2027 02:11:56,895 --> 02:11:57,915 It's going to be crazy. 2028 02:11:57,975 --> 02:12:01,515 It's so much fun to see how that moves and accelerates away from the levels we're 2029 02:12:01,515 --> 02:12:03,165 looking for and go right into the profit. 2030 02:12:03,675 --> 02:12:06,765 We're going to have the window of profitability down into like a 2031 02:12:06,765 --> 02:12:10,065 30 minute time window, and you'll see, they'll go right into them. 2032 02:12:11,535 --> 02:12:12,015 You'll love it. 2033 02:12:12,015 --> 02:12:12,435 Trust me. 2034 02:12:12,975 --> 02:12:14,895 But he's got to get a guy into it. 2035 02:12:15,225 --> 02:12:18,565 They're not going to hold it like this entirely until September. 2036 02:12:18,615 --> 02:12:19,785 And you'll see it. 2037 02:12:21,015 --> 02:12:23,625 September is months is going to be question and answer. 2038 02:12:24,585 --> 02:12:32,025 But if we maintain this sloppiness and type ranges in, uh, in may, I'll do 2039 02:12:32,685 --> 02:12:37,365 the question and answer stuff, but I'll also do, uh, I don't intend to do live 2040 02:12:37,365 --> 02:12:38,625 sessions that were charts in September. 2041 02:12:38,625 --> 02:12:42,195 So that way, you know what I'm doing, I'm only answering questions. 2042 02:12:42,405 --> 02:12:46,425 That's been posed to me in the form that has been remaining after 2043 02:12:46,425 --> 02:12:47,775 all the contents are released to. 2044 02:12:48,674 --> 02:12:51,554 And I create a thread that way you guys ask whatever it is that you're having 2045 02:12:51,554 --> 02:12:53,235 struggles with, that you need closure on. 2046 02:12:53,594 --> 02:12:56,894 I'll spend that time answering those questions and get your format that 2047 02:12:56,894 --> 02:13:01,424 we need the examples and show you why it is what I'm saying, but I'll 2048 02:13:01,455 --> 02:13:03,825 overlap that with, uh, with traits 2049 02:13:07,005 --> 02:13:09,105 because September is a really nice month. 2050 02:13:09,134 --> 02:13:11,625 I mean that month is usually a very liquid month 2051 02:13:15,075 --> 02:13:15,705 and that's it. 2052 02:13:15,795 --> 02:13:21,315 So for those that hung in the entire time, awesome, you got the Ironman award. 2053 02:13:22,485 --> 02:13:28,215 If you didn't lose consciousness and didn't fall asleep, you 2054 02:13:28,215 --> 02:13:29,264 get a bonus for that too. 2055 02:13:33,255 --> 02:13:36,315 But at least you can see, even though they kept pricing, I'll take 2056 02:13:36,325 --> 02:13:39,134 range for a moral victory alone. 2057 02:13:39,585 --> 02:13:41,144 Um, we had the direction, right? 2058 02:13:41,474 --> 02:13:46,695 We booked for the market to go off, create a sale scenario and then sell off. 2059 02:13:47,505 --> 02:13:50,445 We looked for the dollar to create a low, which we basically 2060 02:13:50,474 --> 02:13:51,974 almost nailed almost right to it. 2061 02:13:52,665 --> 02:13:55,455 Uh, we went up just a little bit below it and we see the responsiveness. 2062 02:13:55,514 --> 02:14:02,054 So you can forecast, you can see, um, how you can frame this set off. 2063 02:14:02,085 --> 02:14:03,434 Well before London. 2064 02:14:04,455 --> 02:14:06,915 I mean, I gave you this last night before what? 2065 02:14:07,094 --> 02:14:07,724 Eight 40. 2066 02:14:08,924 --> 02:14:10,755 I think it's one of those posted to the forum. 2067 02:14:12,134 --> 02:14:16,934 So anyway, it'll get more. 2068 02:14:17,760 --> 02:14:21,480 It'll get more exciting than this, and that's just going to leave it at 2069 02:14:21,480 --> 02:14:25,080 that, just watch and see if we get through this high, if we gain momentum, 2070 02:14:27,420 --> 02:14:30,660 we're looking for these bike stops over here with the exes and that'll 2071 02:14:30,660 --> 02:14:34,470 drive your down into these cell stops. 2072 02:14:36,150 --> 02:14:40,680 And I would like for it to stay just below, here, maybe go down 2073 02:14:40,680 --> 02:14:44,730 maybe two or three pips below that, and then consolidate because if we 2074 02:14:44,730 --> 02:14:50,040 get that, what we'll look for is a range expansion on the upside. 2075 02:14:50,430 --> 02:14:53,849 Like if we don't like, we don't go much below here, this is a better scenario. 2076 02:14:53,849 --> 02:14:55,470 Say, we don't go much below this low here. 2077 02:14:55,740 --> 02:14:56,790 And this is the low of the day. 2078 02:14:57,150 --> 02:15:01,830 I would like that if we consolidate here, left this void, because Dan, what 2079 02:15:01,830 --> 02:15:07,559 we will be looking for is eight o'clock tonight in New York time priced to 2080 02:15:07,559 --> 02:15:09,780 want to rally up and close that void. 2081 02:15:10,260 --> 02:15:11,130 That's our cell. 2082 02:15:11,550 --> 02:15:12,720 And we reckon and run for the gaps. 2083 02:15:13,260 --> 02:15:15,000 That's the outline I'm calling for right now. 2084 02:15:15,480 --> 02:15:18,750 If it changes and say, we go below these lows here, I would like for the 2085 02:15:18,750 --> 02:15:23,490 price to consolidate around that level and not closing that void, but start 2086 02:15:23,490 --> 02:15:28,380 to trade up in late New York, then consolidate around the same level here. 2087 02:15:28,440 --> 02:15:30,269 And then we would still look for that scenario to trade up 2088 02:15:30,330 --> 02:15:33,870 or isn't that void right there. 2089 02:15:35,130 --> 02:15:39,389 And then make a run down to this level here and below this level at 1 2090 02:15:39,389 --> 02:15:42,000 0 8 55 for the cell stops below that. 2091 02:15:47,685 --> 02:15:48,225 All right. 2092 02:15:48,225 --> 02:15:49,515 So that's it's folks. 2093 02:15:49,605 --> 02:15:49,965 Um, 2094 02:15:55,935 --> 02:15:57,195 if you're still, Hey, awesome. 2095 02:15:58,335 --> 02:15:59,505 I just didn't want to hold onto it. 2096 02:15:59,715 --> 02:16:02,235 And I didn't plan on being here this long talking, but you guys got me. 2097 02:16:03,735 --> 02:16:04,485 Do you ever Jagen? 2098 02:16:04,945 --> 02:16:05,535 You know what I mean? 2099 02:16:05,925 --> 02:16:06,525 I got ma'am. 2100 02:16:08,955 --> 02:16:10,155 Thank you very much for your prayers. 2101 02:16:10,185 --> 02:16:12,495 I will touch base with you later on today. 2102 02:16:12,555 --> 02:16:15,765 Again, reminding you to schedule both what I have to do with my family 2103 02:16:15,765 --> 02:16:19,725 this week, and then we'll be at that. 2104 02:16:19,725 --> 02:16:23,115 Can I get that again with, uh, something outlined for eight 2105 02:16:23,115 --> 02:16:24,765 o'clock tonight and Asia? 2106 02:16:27,015 --> 02:16:27,345 Awesome. 2107 02:16:27,345 --> 02:16:28,065 Thank you very much. 181014

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