All language subtitles for Tuesday May 02, 2017 (1) EN

Welcome back.

Good morning cooks.

We have the economic calendar
in front of us today.

We have a very, very light New
York session in terms of news.

There's basically nothing nothing's
going on today and in the recession,

as far as economic data, that
would draw any intention of mine.

So we're seeing the effects
that I mentioned yesterday.

When we started brand new month, first
day or two, or usually consolidations

the days you still have to take and see
if there's consideration, take a trade,

but let's take a look at the market as a
whole, but one more time to the charts.

Okay.

You should be seeing the dollar index.

Thank you for that.

Okay.

So we have, we've got an outline provided
to you by way of the forum last night,

and this was a continuation into London.

So this is the set up that we're
watching to see if it would unfold.

I gave you a scenario where
we'd have the opening prices.

Your GMT price would come
down, hit this level here.

I was pretty close in regards to that.

We did get the bounce.

It did stall and the short-term
price went here that we measured

and we're still inside that range.

We worked several times
below the opening price.

We did it here, here, here, here
in that we're back above it.

So we're in a new session.

Stops have been left in tact
above these two highs here.

There's still maybe one more little
punch to go higher per dollar, and

that should help the Euro dollar
short idea that I was proposing.

So we have a higher, low in here as well
and bounced off of equilibrium based on

the price ranges this low to this high.

Okay.

So what I did was I mapped out the
London session using zero GMT and the

idea tilt in April's content using
the price swings, previous intraday.

So on the dollar we saw
price come down here, reject.

We saw a stopper on yesterday, below here,
and then reject our ideal scenario is to

seek the liquidity at these buys stops.

That's what I think the
larger draw is on price.

So even if we stay consolidated
the rest of the day tonight, I

still will be looking for something
very similar to what we did here

today for a run on the buy stocks.

$1, you can't see my mouse.

Will see it in recording though.

I'm not sure why it doesn't show up on
here, but you can clearly see that it's

it's delineated on the chart to by stops
down the left-hand side of the chart.

Okay.

So this moves you on over
to Euro dollar trade here.

So I framed this out as well.

Uh, we had the price swing from this
high down to this low used, and we were

looking for premium in here to provide
a sell it's dad up a little bit beyond

that worked the opening price once twice.

Now we're slightly above it in here
now with the neutral dollar as well.

So what I want to do is I
want to actually move to the

sidelines cause we've got no news.

That's going to potentially be a driver.

We have new.

Uh, directional bias.

Now we're still in consolidations
that we're going to work the

same scenario, unless something
changes the rest of the day.

I'm going to look for the same
scenario unfold for tonight.

So if you have, if you have anything on
your dollar now move to the sidelines.

Don't look to take another trade,
just move to the sideline right now.

If we go over to Euro pound, your
account came up to the 60% level up here.

They found a premium level based on
the range of this high down to this

low, we want to Bob equilibrium.

So we are in premium here.

We did see some movement that
would support a lower your dollar.

But the problem is, is we
saw strength come in on.

So pound came down, took
some stuffs out here.

I actually was last night looking at this.

I didn't share it with you, but I
was looking for this gap in here

to close and it never made that.

So if I would have been short
looking for that objective,

I never would have got that.

So in full transparency and disclosure,
that level was anticipated on my own

time, own notes, but it never got there.

But this strength here is what messed
up the European union, which also took

the strength from the Eurodollar short.

Okay.

So these scenarios are still in play or
looking for the run on the cell stops.

I'd rather see it stay in a real nice
tight consolidation again, because

that way we'll have a, probably
a, a much stronger scenario on 40

tonight and to Asia in the London.

So we'll be doing the same thing.

I'll outline it again, put it in a chart
format and I'll give you the scenarios I'm

looking for as well, but let's go over to.

Aussie dollar.

Uh, we saw the completion of the market
maker by profile and came up there

and hit the stops as we outlined.

And then we saw a retracement.

I know some of you have
shorted up here today.

You were sending me tweets right
before the start of assessing.

So congratulations on that, but
I have no play on all the dollar.

I have nothing on the dollar
CAD dollar cash, also neutral.

It's staying in a range, just
like we mentioned the first

two trading days of the month.

Generally, if they start on a
Monday and Tuesday, you'll get

this classic scenario a pound.

It most likely will want to go
back into the middle of range,

closing around 1 28 95, 1 28 93.

Uh, they'll probably see
where we closed today.

Um, again, Euro dollar,
no movement at all.

No movement whatsoever.

I got really interested last night
because I saw it break down gray here

on this leg here, and I say, okay,
they held it up there for awhile.

One more time.

Fake pass.

Like you want to take a new high out?

No, it's just stopped
dead in his tracks dip.

One more time below here.

And now we're back in the
middle of the range for today.

So if we went through an entire one in
session like that, and we haven't seen

any real set up going into New York and
it's eight now it's eight 15 almost.

So we're eight the hour and 15 minutes
into the New York session with no news.

It's just better than
move to the sidelines.

It's probably not going to have the
volatility that they gave us a payment.

So this scenario still remains the same.

We're looking for a fair game,
fair value gap here and here to

be filled ADR today's 55 pips.

Um, what I was looking for
is the scenario, very close

to what we're seeing here.

I was hoping that this would've been a
high today, and then we can project down.

55 pips and then look for a
potential run on this low, over here,

taking out the liquidity as well.

That gap from two Sundays ago,
you still has my interest.

I want to see if we have any
breakdown this week to get to that.

And we may end up having to punch
higher to get people tripped up on

the wrong side and then send it lower.

So I'm looking for that scenario this
week to unfold, I'm looking for, um,

a reason to be short near a dollar.

This has put it that way.

Um, I try not to use Sunday if I can.

Um, there's a couple of different ways
you can do an average daily range,

but you should be seeing 55 pips on
average daily range on four XLT LTD.

I'm going to teach you the, uh,
the difference between a Judas

that seen in the zero GMT hour
start and the midnight candle, but

that's got to come in your lessons.

I'm not going to teach it before
we get into that because it

takes the whole lessons away.

All right.

So

I think at a new chairman, I hate this.

I'm sitting here with shorts on
and I have a leather chair and

everyone said we are a finisher.

Wasn't turned down low enough.

And I got really warm to my
skin, sticking to this chair.

It's nasty.

I can't stand that.

All right.

So again, we got nothing for dollar
CAD, nothing on Aussie dollar.

All of your dollars looks like it
could come down to if you are short

and we can get to this high in here.

Which would come in at 75 10.

So if we touch 75, 10, you want
to be taking something out.

I almost got to it here.

It looks like, yeah, almost got one
PIP away from it, but you definitely

want to be a, I take something now,
if you're short, because we're below

this low in here and may not even get
down to that, that level here again.

So if you are short, take some,
take a big portion of it off and

move to the sidelines and let
the rest of your trade pain out.

But a little disappointed.

I thought for sure that we were
going to see a little bit more

breakdown going into to New York.

We didn't get it.

Um, again, as a reminder this week,
we'll be seeing the outlines provided

the same way that you saw last night.

If there's going to be a really decent.

And other additional information
you'll need to know that changes from

when I post it around 8, 15, 8, 20,
that we'll be coming in and we have a

pre-market recording and it'll probably
be like a four or five minute video.

So, and all I'm going to be doing is
outlining how I'm going to play the

London, but I'm not encouraging you to
follow that the second half of this month,

I want you to do exactly what I'm saying.

I'm doing with my demo, but I'm going
to provide you a pre-market analysis.

I know some of you are going to say,
well, I'm going to do what you're

doing, but try to work out your own
scenario, use your own entry, use

your own, stop, use your own for first
take profits and all that business.

But I'll be sharing that with you.

If it's a London set
up, it's really strong.

But apart from that, I really don't have
anything else to discuss this morning.

Unless you have some questions that
were germane to this set up here, I'd

be willing to answer those, but I don't
have, I want to provide anything new with.

I want to really focus on the
setups and let the lessons

speak for themselves this month.

Where was my original
stock on iridology three?

Up here.

This is, is this, uh, 33 pips from
the opening price at zero JMT.

So my stock was up here.

1 9 42.

No, I went into market.

It wasn't a minute order.

I stayed up my wife and I, we have to
plan our latter portion of our week.

So we stayed up for good deals last
night, getting all that together and

stuff and getting things packed up.

No, right now I would not
be in the trade chase.

And we just neutralized it and go
back to the dollar index dollar index.

Hasn't moved.

We had the respect off that level.

We called, but we were
not going to middle.

So we didn't get through this
short-term high, which we necessary.

We didn't see it happen in London.

We didn't see it happen in the first
hour of New York, which would be

really high probability scenario
to see it continue up to run.

The buy stops seen on April 26th and
27th as outlined on your chart here.

So we moved to the sidelines.

Um, well there's a lot of questions.

Uh, I didn't catch any news by way
of Trump and any comments he made.

I'm honestly this weekend.

And so far this week, I've been
preoccupied with taking our

son down south to get whatever
he's got to get done with him.

It's already three pips is
basically one third of the average

daily range of a hundred per day.

And I think if I'm not mistaken,
I've taught that somewhere.

I just made so many videos.

I can't remember exactly.

I mean, teaching, it's rare
to see a trade higher than 33

pips from the opening price.

And that's, you know, that's what I
use the points three, three trade, uh,

third three tips, which is basically
1 30, 100 pips average daily range.

Not that it was a hundred PIP,
average daily range expected

today, but yet generally my rule of
thumb, um, hang on one second here.

Uh, thought zero GMT trading and only for
all the New Zealand and Japanese pairs.

Why are you trading your
dollar with zero GMT?

I'm teaching the two entry points
that I use for, for trading.

And that's what they are.

Dear GMT, which is the new day star.

And then you have dear Jan, T I'm
sorry, dear Jen T, which is if the

new day beginning our star of the day.

And then you have midnight, which is
true day based on the New York open.

So that's the two scenarios.

I'll look for the pairs that have
the highest probability of finding

scenarios that really pan out well
at zero G and T is those there's

three pairs or markets, the Aussie
New Zealand and the Japanese yen.

It doesn't mean that the other pairs
won't trade that stock that time of day.

It just generally you see far less draw
down or movement or Judas occur in those

three, all the New Zealand and yen around
that eight o'clock hour in New York time.

But if you, if you'd gone back over
your data, you'll see, there's plenty

of examples where the majors apart
from the three I just named, they

have really good setups as well.

Um, is there any special configuration
for the ICT average daily range indicator?

Uh, no.

As long as it's at four or five day, it's
all it is, but I'll have that on there.

There's a couple of different variations.

I picked up on average daily range.

I'll leave it to you to
decide which one you like.

But I generally stick to the one that
I started with and I didn't create it.

If someone was sharing
with me on the internet.

Uh, did you enter after the
spike or was, or with the spike

once it punched through here and
came back up and touched this level

again, as it was moving away from
it, that's when I hit the cell.

Um,

Why not hold through New York because
the price action doesn't support any

there's no, there's no impulse leg.

We're staying consolidated
really tight and getaway.

This is the first week of the month.

This is what you get.

This is really, really classic price
action for the first week of a new month.

So they were set up there.

I took it.

I outlined it, but we didn't
see any movement, so nobody

really should got hurt.

But this one, the man in demo, um, Y you
have 89 PIP average daily range Muhammad.

If you're using four X LTD,
it should not be 89 pips.

So if we wait for the London
Judas, man, you guys are flying

by these questions though.

Hold on.

So if so, if we wait for London,
Judas, we can have the same stop

level, but our stop loss is less
since we bought at a bit higher.

Is that correct?

I'm not sure what you're
talking about there because we

weren't buying anything today.

We were selling, I
misinterpreted, I apologize.

Zero GMT on Forex.

LTD is eight o'clock around here.

Why is it already answered that 1 33 pips.

Um, well, obviously we can say it wasn't
a strong south now for this hindsight,

but going into it, it had all the
calm marks that could have unfolded

are the exercises less fruitful.

If you are not awake and you're
GMT, I wake up at five GMT.

So can enter London either, or I'm
not trying to twist your arm Sebastian

to do either one of them, but to
make you a more rounded trader that

way you can see the setup step.

Well, sometimes may not be
as clear in mind because it

happened in your GMT Asian.

No, we're not flying or we're driving.

Um, would it make sense to use midnight
New York instead of midnight GMT,

it often provides a better entry.

That's pretty much basically
the same thing I answered.

But to previous question, it's,
there's going to be times when London

will simply not give you a Judas.

It'll just roll over.

And the setup actually
occurred at the Asian session.

So you have to be Michael.

And if you remember, when I first started
talking about London, there's two times

of the day, and it's what we're going
over here in a mentorship, but I just

was very vague about the agent session.

Now it's because it's not an
active session generally, but there

are, there's our conditions and
characteristics about that time of

day we'll pro that will permit you
to enter and not be up during London.

You can frame all of what you would
expect to see in London in the Asian

session, if the conditions are there.

And last night, the conditions that
were outlined as you see here, but

we didn't get any movement at all.

It's basically staying in a tight room.

Why end of market maker on Ozzy,
why not retrace to apple tree and

trees and long with given the
conditions of the marketplace.

We're in a big trading range.

I, I look at, uh, look at the dollar

we've been consolidating
with the gap, remained open.

We haven't broke down.

So that is a profile that indicates we
haven't seen any movement by the big boys.

Apart from that gap opening that
sent us in this big, long trading

range, we have not moved up to close
the gap and we have not broken down.

So because we don't have any
continuation or insight from them

on a longer term, directional by.

If we see a profile complete like market
maker by herself, when they complete

neutralize the idea, go back to sidelines.

Don't do anything more because
you don't know if it's going to

continue up or if it's going to
retrace and go point Leo direction.

I don't have, I don't have a
long-term or weekly bias right now.

And it's also the first week of the month.

So we'll have your typical, noisy news
releases that will probably be holding

pricing consolidation till we get to it.

Um,

what you outlined here on a 15 minute
is exactly the same on daily and weekly.

Um, I'm not sure what you're in.

You can do.

Okay.

Yeah, I think I know he's asking
me, can you do the same thing

for like trading the weekly rain?

And the, um, well, let's leave
at that weekly ranges here.

If you look at a weekly chart and do
the similar things that we're doing

here, looking at the most recent price
swing, uh, that will lead you to getting

really good one shot long kills, but
there's, there's other little subtle

nuances that go along with that.

But yeah, you're on the right
track, thinking like that.

yes, you can use point 33% of the average
daily range, but the problem is, is if

we are in a consolidation, you're going
to learn that many times debt can be

punched through because of volatility.

Uh, the stops maybe ran a little
bit more aggressively and then

pulled way back to the middle.

So when you're using a, for instance,
if we have a small average daily

range, less than a hundred pips, and
you're using 33% of that, that's not

giving you much in terms of a style.

And that could easily get
snagged only in grinding.

Like here, you can stop you out
and you can still go nowhere.

So it takes your stop.

It doesn't give you an opportunity to get
paid, even if you stayed in the trade.

Uh, what makes sense to
use midnight New York?

And I answered that one.

Ideally we shouldn't trade this due to not
if our payroll on FMC this week, um, Kane,

it's what you would do with your drain
only live funds, but since we're executing

and practicing on entries and stuff,
We got to participate every single day.

So that way you can see what
it looks like, how it's set up.

And then when we get past all of those
new drivers that we, you just mentioned,

um, you'll see that the market's only
a little bit more fluid, hopefully.

Um, why do you, why do I refer to GMT?

Not New York time, because as you can
hear in nine comments here, there's a

lot of folks are referencing time in
their industry, in their individual

respective brokers, because they're
looking at their live platforms and

that's what causes the confusion.

So I'm trying to draw everybody's
attention right back to the demo account

you see here, which is four XLT D.

So their data for the also where you're
at in the world, they're going to be

forcing you to view price in time.

The way I see it, the same
platform, same time, everything.

So by calibrating that with New
York time you'll know exactly what.

It should have been easy enough
for me to stay in New York time,

but a large number of you simply
won't get, get with the program.

So I have to go interchangeably.

Um,

that makes sense to use
midnight New York and said,

where do we get the average
daily range indicator?

Um, I can put that up today on the
forum so you can download it and

put it into your anti four platform.

But, um, I'm sure there's a
lot of different variations.

A lot of folks have used it and
done some coding with it and

made different variations of it.

Um, I've seen some of them about,
I haven't seen all of them,

but I've seen some of them.

And I liked the one that
just gives me the lines.

They would shoot for the targets
they move throughout the day.

And then finally wants to hire a
lowest form Dale while they'll pretty

much give you a real good idea where
the opposite end of the daily range.

And it doesn't always cap that
daily range, but it gives you

a good idea of the whole for

a will Williams percent RB
taught will be taught to us.

Yes, they are you going to be using
that when we talk about sentiment?

That's the only reason
why I use personal R

yes.

We'll be going over kids, uh,
Asian rain setups, agent sessions.

Um, yeah, I'm not sure why
my cursor shares up on it.

I think it's probably a, um, an apple
issue because anybody that uses.

Hey, laptop or computer, they can
see my mouse moving around, but on a

smart phone or iPad, I usually get the
folks saying they can't see my a sir.

Yes, John.

I used the daily line box, um,
empty for indicator, but we

ain't got to that part yet.

Get to understand what I'm looking for.

Even use those things.

Good job.

I'll see a lot of you
actually participate.

To

took very little time at all
for me to throw it together

and put it up on the forum.

I actually prefer that going
into a long-winded video.

Um,

it's the first of the month
occurs on Wednesday, Friday.

We will see regular price action.

Okay.

You have to start them off.

Begins on a Wednesday through Friday.

Are we going to see normal price action?

In fact, that was the same.

Um, you'll find that it generally.

But always being the lookout for the
first week of every month to be narrow

consolidation days until we get into
like non-farm payroll in that business.

But generally you're going to see
that, uh, and I've been me a liar in

recent months because of there's been
a lot more volatility than normal and

Raj and other ones in my, in my group
will make, make a point to remind

me that it's supposed to be this
way, but we're seeing the opposite.

Now we're seeing, you know,
what would be normally expected.

So this is the general rule of thumb.

You expect this type of price action,
but since we're short term intraday

scalping, it doesn't make a difference.

We should be, we'll find something, but
today it's, didn't move around enough.

Not a losing day, not a winning day, just
couldn't get us any kind of movement.

Uh, the reason why I outlined the long
on the dollar is the buy stock that you

can see here on the left-hand corner.

It's being outlined the two
days to two highs up here.

I think that the larger drawing price,
I think there's more influence at see

price go up there either to fill the gap
or to go up there and run their stuff.

And then if we're going to go lower,
they could take it lower after that.

And no one leave, no one would be in
the market taking profits as it goes

lower because they'll knock them out.

By going up above these buy
stocks, then take it lower.

But either way, whether they go up there
to reverse it or go up there to close

the gap on dollar that's enough for me
to see bullishness on the near term to

facilitate a short in foreign currency.

So that was a real, that was
the largest real draw on it.

I'm just looking for
the liquidity right now.

The profile we're in is consolidation.

So you have to look above the highs
and you have to look below the lows.

And we basically worked all the sales
stops below here with this low here.

This low has been taken out and we haven't
yet really worked a lot of the buy stuff.

This is a high, a lower
high equal high, lower high.

So the liquidity is going to be seeing
best suited for rating in the form

of the buy styles on the highs on the
26th and 27th of April on the dollar.

I appreciate that, Joe.

Um, I think I've answered that
question already about why Kilda

larger weight, your bike profile for
all the it's already been mentioned

Tuesday.

Hi, the weekend, all the us dollar.

Any thoughts to reach the daily
fair value gap below the market?

Uh, as I mentioned earlier, I
don't have opinion on Aussie Aussie

has a owned me in recent weeks.

So, um, I'm going to stick
to this as a, as a trophy.

When now I'm going to be done with it.

I, I called the buy staff and what
needs to be the, the objective.

So now it's done that.

So I'm moving to sidelines.

There's offices of waiting for me
to get in here and trade it again.

Um, yes, you will be learning
index trading, and it's not

just the day trading stuff.

I'll teach you that the same
scenarios as condensed was positioned

short-term swing and atrium.

Regarding New York, are we considering
what London did in terms of initial swing

up down such my dealers range, et cetera.

All right.

Christian, as I outlined earlier,
and pretty much the scenario that was

outlined in the chart for our case study
for this past night, there was really

no, uh, there was no other information
that I needed to go on because of

the profile that we're trading in.

We're in a large consolidation.

We look for liquidity above the
marketplace and below the place.

So I didn't have any use for
central bank dealer's range

because I know where the stops are.

And I'm playing that more
than not doing anything else.

If you do all your projections,
there really wasn't much in terms

of the agent range or central
bank dealers rank to alert you

to anything for the dollar index.

So that's why I didn't use
the price swing of this.

Up to this height, with the expectation
that we're going to expand up and take the

buys off on the 26th and 27th of April.

So I would want to see a retracement
down and that will be enough to put us

into a discount and then see expansion.

We've seen it.

We just didn't see any volatility
beyond that, but you'll find it.

This is what the scenario you'll see.

As we outlined each day, this month
and going forward when we have

these intraday price swings from
the previous day and a daily bias of

where we think price is going to go.

When these overlap with all the other
PDAs, it's like magic, it really is.

It's like perfect Swiss craftsmanship.

It just hits it and goes
the other direction.

It goes right.

Where you think it's going to go?

Um,

yeah, I thought this was
going to go though or too.

I thought, uh, your dollars
sell stocks will be taken here.

And if it did that, it's
really easy to little gap.

So that's still a scenario
we're looking for, unless we get

ridiculous and go straight out.

I can't see that right now.

A lot of comments.

I like these exercises.

Can we keep going as well?

That's pretty much the first
two weeks of this month, we're

going to do things like this.

Am I considering FLMC
and non-farm payroll?

Yes, but we still had to take set ups.

That may be, or there may be there.

Is there any news we should not have
as a, okay, let me read that again.

If there is news, should we not have
a bigger stock rather than 33 pips?

Well, I'm not suggesting
that you put 33 pips on.

I'm just telling you.

When I was asked, what was my stop?

It was 33 pips above the opening price.

I didn't believe that we
would see a significant rally

up above this high at all.

And, but it did just
poke his head above it.

That would have been a turtle suit,
but I waited for that returned back

up into that level there that we
outlined in the chart shared on the

form before London even came in ideal,
your stops should have been about 50%

of the five-day average daily range, or
like where, like I'm indicating here.

You ha you already learned
this in a mentorship.

The average daily range is average,
a hundred pips, one 30 average

daily range generally will be the
cap on the open, up for down close.

So from the opening to the high
today, Jayleen doesn't want to go

more than 33 pips or 33% rather of.

The last five days, I
have a daily drain joke.

We have a small average daily range.

We can't use that.

So I felt very competent at 33 pips in his
favor, and his point would be favorable,

but you'll have all the conditions given
to you why you'd be looking for this

or that in terms of your stop, don't
be in a hurry to try to get it all

now because there's a lot of things we
have to worry about before that comes.

But about blending 12:00 AM, London
and 12:00 AM, New York price.

Um, well again, you're asking things
that will be taught in the lessons.

So.

I was asking specifically about
this set up, that we got one today.

I don't know what they're going to do in
terms of the interest rates, but if they

do raise them, like it would probably
be another 25% or 25 basis points.

I don't think it's going to
be anything bigger than that.

Now they may shock us and hit us with a
half a percent later on, deeper in a year.

But I think that probably will be in to
like our September, August time period.

Have you seen one without a Sunday candle?

I'm assuming you're asking about a
empty for platform without Sunday data.

I don't know of any that
have the dollar index.

So if any of you are aware, uh, don't
send it to me in the questions box.

Just make a post of it in the
forum and everyone, I'm sure it

will be greatly appreciated of it.

Incidentally, let me toss this in there.

Uh, I'm seeing other forums
being posted and it's me.

That's deleting those posts.

I'm not advertising for another forum.

Certainly not one that
makes a case about bashing.

The guy makes the traffic
income off of that stuff.

And I'm not feeding him by
putting his links in my forum.

So as many as the reason why your post
the other day was deleted, I didn't.

Okay.

So if you have anything over on
those other forums, you're welcome

to post those here, but I won't let
anything get taken from here, like

to baby pits or another, uh, form.

I'm not letting that happen here.

Um,

is there a IPTA for each asset?

No, no, that's a good question though.

APTA is highly specific to just Forex,
but the overall market manipulation ideas

are generally across the board the same,
but it is highly time sensitive and it's

very heavy and specific characteristics.

Um, do I like scalping the
markets this month teaching?

Um, I, I have done a lot of
scalping and mind trading.

I've done a lot of it.

Uh, but I learned that my way that fits
my criteria as a trader in my lifestyle

and my disposition is I like to see
what I think that weed is going to do,

and I want to trade in that direction.

So if I'm, if I'm trading anything less
than one shot, one kill, which is the

short-term idea of getting in either
Monday, Tuesday, or Wednesday and holding

for Thursdays New York open, uh, then I'm
just gonna be day trading in a direction.

I think the weekly range will go.

And if I don't get a real good set
up for day trades, then yes, I will

look for Scouts in that direction.

That's how I trade.

But.

We want to force that on you because
that's the worst thing a teacher can

do is try to make you a carbon copy.

Cause then you'll, you'll probably miss
out on a better approach to train it.

You've learned a lot already.

So if you determine how you want to
be a trader with this information,

and I've had no influence, except for
showing you the path to get to that,

you'll be a far better trader than I am.

And that's the goal, but you know,
if there's nothing to do, and I

absolutely feel like I want to be
taking some participation in the

marketplace and yes, I do scout.

If a dollar index broke above
yesterday's high, would you feel

confident it would run for the stops

if we go above his high.

Yes, that's exactly what I believe is
going to go about April 26th and 27th.

That was the whole
outline for the, for the.

Uh, when day trading buying
and selling it PDA, you mean

day discount and premium ones?

Yes, because you're already working off
of a hard timeframe bias usually anyway,

but when the markets are in consolidations
like this, we're looking for liquidity.

So essentially we're basically
looking for expansion out of this

large rains that we created after
that big gap down on the dollar.

So there's a lot of liquidity up above
those highs on the 26th and 27th of

April that haven't been touched yet.

And they've spent more time trying
to go lower and they take out all the

sell stocks below the marketplace,
but they won't take it higher.

So I think what they're doing is they're
building a lot of volume on the buy side

by keeping the scenario like it is here.

So it just, to me, it just looks
like the majority of them are.

Is on the buy side.

So that means that they're
going to take the dollar higher.

Even if it's going to go lower,
longer term, it's in their

favor to take it out there.

Neutralize, those buys
stops profit on the way off.

And if you're gonna reject it and
reverse it, that's the ideal scenario.

Cause everyone's gonna look at
it as a breakout to close the gap

and it may not happen like that.

Yes, I'll be teaching
you the London lunch.

That's a couple of things that didn't get
shared in April's content in day train

that has overlap into your scalping.

And that's part of it is
the London lunch stuff.

Now there won't be any
ranch in these sessions.

Do you want us to do both
entries or just one of them?

I want you to do both of them.

If we're looking for a scenario like
today, we are looking for a higher dollar

in a lower Euro to the ideal practice
session for you would have been get

short at or near the opening price.

Let's go with the, your
dollar would be here.

It gets get short here at this
price level or something above it.

Okay.

It could be tampered to be 20 pips.

It could have been this high.

Some of you that would have
been more Stute Santa Fe.

Well, if I have the opening price and
I'm looking for a rally up to sell into

what happens if it goes above the short
term high, that would be a good scenario.

And that would have been almost
basically what I did yesterday.

Intraday by song about this short-term
high last night in London, you

gotta use that as a scenario.

That's what I'm saying.

You're you're going to
be encouraged to do that.

Different things, not the cookie cutter,
but you're going to see what happens

when we do a cookie cutter approach.

Because last two weeks of this month,
you're going to be expected to do the

very thing I do from the entry, the
stop, the targets, they're all going

to be saying, and you're going to see
how it will feel stilted and wooden.

You won't want to do that regardless
of what the results are going to be.

You're going to feel like you
need to do this on your own.

And that's the, that's the
whole lesson behind it.

Not that you make everything
I make or lose what I lose.

It's that show you that you
want to be more well fluid.

You wanna be able to pick your own
setups and that's what you're here for.

Anyway.

So for the first two weeks
though, I want you to go and

use what you already learned.

And what I gave you last
month in April is a gold mine.

I mean, it's so many things
you can do with that infant.

With that information, you can
trade just about every single

trading day there, something today.

For your dollar and it didn't move.

So no harm, no foul just didn't move.

But yes, you should be doing both entries

and just use, uh, use the
lowest leverage you can get.

All we're trying to do is
educate and work off of a plan.

We're not trying to seize the amount
of pips that would be rockstar level.

We're not trying to do
any kind of scaling.

I think we're just looking for entry
and taking profit at a logical level.

Um, can I go over the Euro scalp again?

Did I do yesterday?

The one here billing.

I think it's so many questions
it's happened since that one.

So I'm going to assume that's
what you're talking about, but.

The dollar index.

We outlined this level here
yesterday, but a fair value gap.

So we hit that level and which
I think the fill, we always

have a reasonable expectation
that it's going to be a bounce.

So that was the idea as they hit that,
as it hit this, I was already looking

at this high and I didn't believe that
we would see a continuation up in Euro.

So once we poke their head above that at
the market, I sold short and you can see,

I deleted some of that stuff in days.

There's little things here, take them off.

I always forget them things, but the, uh,
the trade is, you know, based on the fact

that we weren't going to most likely see
any outside as the dollar hit that level.

We outlined in New York
session live yesterday.

So if we see support coming in and a
dollar resistance should be coming in

in the form of the year, What better way
of doing it, selling a blog at all high.

And there you go.

Lots of that type of
stuff happening in today.

So you can really build your
confidence up with turtle soup

scenarios and look at those Euro.

Good grief.

Can you imagine if every day was like
this in Euro, I'd blow my brains out.

Um,

Tuesday I did that question.

Uh, they know they are

okay.

Alex says they know I'm teaching
Scouts and they're trying to keep

it in an air consolidations now.

Oh man,

can we, can we discuss today's
Judas in Aussie closed and a closed

an old daily gap, Leo, right.

I don't want to change the timeframe.

I want to keep it on these
15 minute timeframes.

So let's take a look at all.

See on a daily,

uh, I don't see a gap
on the daily, not today.

Yeah.

I'm assuming, you're probably thinking
this little portion of this down

candle, but that's already been
bounced out because this candle is low.

And again, I'm taking great Liberty here,
assuming that's what you're thinking of.

The low comes in at 75 47 on
this last up-close candle.

And this candle is high comes in at 75 51.

So this actually one
above this candle is low.

So this is all been,
this has been battling.

So that wouldn't be anything.

It would be more appropriate to view that
as every turn back to the last oppose,

which would be for the open, rather
open it, 75, 57 today's high, 75, 86.

There's only one PIP away from
that dark close is more appropriate

there than assuming this is a gap.

That's not a gap.

Um, Ken is moving, eh, it's
nice to see something moving.

Yeah.

I don't think this is done.

I think it's gone more, but to what level?

I'm not sure what's going
on on a higher timeframe.

Taking a Gander at, say
a walk at a weekly chart.

When you look it down on a wall.

Okay.

We have a break.

I ain't said that word in a long time,

so we could see longer-term on
dollar CAD and get the sand way.

1 38, 10, 1 38 big figure.

So about a hundred pips,
more on the upside.

It could potentially go.

He charges you classic chart.

Guys, see a bull flag here also
would overlap with that as well.

If we look at the range defined on

here,

uh, that also, this takes us up
to the 62% retracement level.

So we're above equilibrium now.

So 62% trace that mobile
is essentially here.

So 1 38 30.

So, is it overlapping
with the breaker as well?

Still close on that candle
comes in at 1 30, 35.

So yeah, 1 30, 35 looks like it
could be a doable to about a hundred

starting pips or so more on the outside.

Uh, am I looking for the seasonal
high in may around one 10 would be

sexy, says spread, um, for the Euro.

I would like it to just give
me the logical run seats,

liquidity preference points.

Once it gets to those, then
I'll look at the long-term.

But right now it just makes perfect
sense for the Anaconda come down

and take that if it rallies from
here that doesn't do me any, any.

Um, help it doesn't provide
any kind of insight to me.

Cause it makes more sense for me to
see this go down for the south side

liquidity then to go up from here.

And if this thing just bleeds lower
later on and goes down to where I thought

I'm going to be upset, I'm literally
going to punch him out of there today.

No man will do that.

Will I be talking binary options?

Uh, hell to the, no, don't do
anything with the binary options.

Now I noticed the pack, those
things up all the time as my ads

on YouTube, but I don't touch them.

I don't know anything about them.

I don't have any experience
and I don't want to treat them.

Did you want us to see what you showed
us in Aussie yesterday for a Euro?

I'm not sure what you
mean by that Muhammad.

If I skip June's content to contract
and trait on short-term trading,

will I be missing out or is it okay
to come back to it at a later time?

You definitely going to want to reference
it because I pull a lot of information.

That's intermarket analysis based to
helps with larger sustained price swings.

And if we understand what they are
on a higher timeframe, it makes

trading on the lower timeframe
and short-term trading far easier.

So I don't think it's something
you should skip it's it's placed

in a logical order of importance.

So if you're going to take my
advice, it's the go through the

order of everything and not see that.

Why did I choose the IRO
instead of cable yesterday?

Uh, it made sense for me that
there was no movement upside on

Euro and H stress load already.

And while dollar hit that fair value.

Got it.

It's perfect.

Time of day for it to see
what we saw with Euro.

I actually, it was only looking for,
um, about 10 pips really to love

movement, but as it broke down, I
looked a little bit further out and

thought that maybe we would see 1 0
8 90, so you can see my, uh, my limit

orders were below that to get out.

So it would have to go down to 1
0 8 87, and that would have been a

run on this low here and easy close,
but we couldn't find our way to.

Well, the comments, not a
repeat till the Terminus.

Yeah.

Do me a favor guys.

If you made a comment, if you toasted
twice, kind of leave it at that

because I see a lot of my, like three
and four times at the same stuff

and just pushes other questions.

I didn't see up.

Um,

will you go into detail about time
related stops, otherwise known, uh,

AKA, if there is no movement to specific
hour, we class the trade like today,

you're going to learn the protocols
that will cardio on a class, a tree.

Yes.

There's conditions that I use
that pretty much are consistent.

There's nothing that, you know,
you're not going to be able to

have a hard time following as
a basis to kill your own trade.

Does this scout method
work on stocks and indices?

There's some overlap.

Yes, but this specific times
and characteristics are

heavily slanted for cortex.

When I teach you the day trading of
the S and P 500 and bonds, you'll

see that they're really simple.

I mean, there's far more things in Forex
to be drawing your attention to than it

is for stock in the season for bonds.

But I had to have to actually do
a teachings from my other screens.

So I had to come up with
a way of doing that.

Cause I'm not linking my live
sessions through that computer

on not doing any of that.

So I might have to do a lot of
that work was prerecorded session,

uh, pepper stone.

I'm assuming that Ben is one that
has no gaps or no Sunday candle,

but with dollar index, I think it's
probably what you're responding.

If you are.

I appreciate that this
caused that onto the form.

If you don't mind, is it ensure
that question is going to repeat.

This custom time axis.

We'll plot below your chart,
your local time GMT and access.

I'm sorry, Asian and European
sessions and all the news around

the world pertained to the markets.

It also has a global cursor
for multiple charts to cost

is $49 with lifetime license.

It has helped me.

It has helped me with the time difference.

So it might be useful to some of
the members and shared a link, but,

uh, I'll just encourage you to see
the recording cause then are left

Steven, but uh, just post on a
forum and we'll take a look at it.

I'm not promoting it cause I don't
know what it is, but I just I'll

take a look at every sentence.

Turns of a link that's ex pro has
no Sunday candle and dollar index.

Thank you, Frankie.

Can you do me a favor?

Can you put that on a post so people
can get to a link that appreciate that.

Can you ignore the news with the setups?

And can you ignore the news?

Yeah.

Have to repeat the, the news is going
to actually going to be a driver

many times, but today there's been an
absence of any kind of news and you

can see that everybody else has pretty
much done the same thing sleeping in.

I do not like other forms because
they allow others to, uh, talk smack,

but they would love me to put my
content back on their forum though.

So, no, I'm not, I'm not
giving them income for.

That's why I'm taking the free tutorial
stuff off my website and revamping

it, adding a couple of little things
in here and justify why I'm taking

away the form that stupidly, I don't
even know why and put it up here, but

how do I know about APTA?

That is a discussion that won't be talked
about here, but I've given you exercises

and, uh, samplings, if you will, of how
I came to them, understanding what it is.

Are we supposed to ask
questions like 20 times a year?

You're supposed to do both.

When we use the, uh, case studies,
you'd be entering at this energy and.

Open or on limit basis or as it moves
away from that opening price relative

to the time or direction you're looking
for, I'm watching the stock market.

I want to, like I said, I want it,
I'd rather see it rally up into July.

It makes it sense for the
seasonally make a high.

So the first few weeks of July will,
I'm really gonna be paying more

attention to the equity market then.

So I don't care what it's
doing, but I will be really

caring a lot about the equities.

About the second week of June.

We'll be looking at them at
least once or twice a week.

Um, I'm not finding trading as
fun as I did when I was younger.

Um, it's a little bit more
frustrating now because the markets

are just, they're not, they're
not, uh, they're not moving enough.

There's not enough movement.

And I like it.

I like a fast market.

I like the market is gyrating a lot and
it doesn't have to be the direction based.

Like it's more from one side or the other.

It could just be going all over
place up and down, but bigger ranges.

And we're not seeing it.

We've seen a, a compression
in volatility and shimmy.

Yes.

You see one or two days where it moves
a lot and it doesn't do anything else.

So to answer your question,
it's not fun for me right now.

It has fun.

It's been fun in the past.

It'll be fun again, but no, right
now I'm not enjoying myself.

No, not at all.

I'm enjoying teaching.

I like that because I get to
relive everything I've done before.

But nonetheless, now there's nothing in
terms of fun right now about the smart.

When will you be telling us the
times of the central bank dealers

range for all is a yin and TV.

You have all that stuff in one slide.

If I'm not mistaken at, I'm not
sure where I got to take a look at

my notes where it's it, but it's
in, it's in this month's content.

It's all explained just in one slide.

No, we supposed to be
doing those centuries.

I saw your question, Jacob,

how do we use the Sunday gap
size, the proper size percentage

wise for a swing trade.

For example, 100% 75% of 50%.

Stop from the entry gap size.

Hmm.

I don't know how to answer that question.

Cause I don't know what
you're asking in specific.

How do we use the Sunday
gap to size the proper?

Okay.

I'm assuming you're trying to trade
on Sunday and if you are don't but

let me think about what you're asking
here, cause I'm sure you probably

are wanting to re-type it now.

So I'm going to try to
save you the time doing it.

Assuming that you're looking for
a stop and how much do you use

because you don't want to get it
clipped because of the gap on Sunday.

That, that, uh, $1,

because of the consolidation we're
in right now, I didn't expect much.

So the stop doesn't have to be a
full five hours daily range, but

that would be used if you're a
position trader or a swing trader.

And this was, and if this was going
to be a longer-term entry, which we

didn't outline, but I still want you
to execute on that because it gives you

experience doing it, but you can use
50% of the, the average daily range.

Okay.

As a nice go-to.

And if that overlaps with what we have
taught in the past about power three

on the daily range, if the average
daily range is a hundred pips, one

third of that is essentially 33 pips.

So if you're looking for a move up
above the opening price, about 33,

pips above is generally the ideal
scenario after you rally though.

So if you're looking to go sell in
short, you want to see some measure

of movement above the opening price.

And in that movement up, we want
to be selling that a logical area

of premium, which would be either a
baritone or a block running an OHI.

As we saw here today in London.

Excuse me.

And then adding that 33 pips to
that, because the likelihood of the

opening price, seeing 60 to 70 pips
or so up, and then making the high

today while it's possible, it's not
likely even with zero GMT star, what

you're actually doing is the point.

And I didn't see this as a question I'm
just tossing out because I'm sure it

probably some of you are wondering, but
you just didn't build it into a question.

What's the benefit of doing this exercise
of getting in at the opening at zero GMT

versus waiting for a rally for bears to
sell into the differences is that you're

going to see why it's important to number
one trade in the opposite direction of

where you think the market's going to go.

And it's also forcing you to use the
information you've already learned.

PDA raise premium to discount.

That model is repeating itself
all the time in my trade.

So if that's not in your trades,
you aren't going to have similar

results and you're going to be Y.

Different from the expected outcome.

You may get trades at pan once in a
while, but you won't get consistency

and you won't see the delivery of the
high and low as accurately as you will.

If you need to stop them teaching you.

I like the gaps intraday.

I have noticed that your daily highs
and lows are lining up with them.

Is this one of the secret
sauce if you promised?

Well, that's one of the observations
that you'll see by doing it.

Yes.

Um, how many daily highs and lows
have you seen and we've mentioned,

and it comes in the form of the gap.

That's one of the reasons
we're doing this stuff.

Or even if you're not going to be a
scalper or a day trader, it's important to

know where these exist because your trade
may come do a Terminus at that level.

So if we see.

A gap that is like 30 pips above us.

And we have a target
about 33 pips from us.

I'm going to elect to go right
to the gap and nothing more.

There may be a little bit more going into
that extra five pips that everybody else

wants to hold out for it for perfection.

I, don't not worrying about that.

I'm going to go out where the
logical PDAs and you'll see it.

And you're obviously noted here.

Yes, there's many times the fairway
gas intraday will cause an overlap

for the daily higher load of form.

But there's other things you have
to line up with it, but generally

that's a usual fingerprint

and they say you can't
pick daily highs and lows.

Um, if we.