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okay again.
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Good morning.
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Thank you for joining us.
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Um, this session is now being recorded.
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Uh, it is Thursday, September 1st.
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This is the launching date
of the STT mentorship.
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Welcome if you are a member, um, the
questions tab or comment section or
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chat area is not being painful and
I'm not paying any attention to that.
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I don't release a training session.
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So just as a reminder, um, if you have
questions, hold them until later on
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into the afternoon, whether we're doing
London live or New York, there will
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be a recap session later on that day.
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So.
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I'll make myself available for
any questions in that capacity.
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Uh, before we get into, uh, what's
going on in the markets today, um,
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the calendar for today, we had before
30 in the morning, uh, Bridgetown
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had a manufacturing, PMI come out.
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Uh, the numbers, uh, uh, were a
nice mask for them to expand price
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up into a range that we'll look at.
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Uh, we had expectations for British
pound to create a high, and we're going
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to talk about that, uh, that would lead
to a potential set up for New York.
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There was no trade for London,
go back and look at the Twitter.
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We're going to have that also
in this post and this video, but
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we have skill set practice for
a potential settled turtle suit.
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And we'll look at that as well, but we're
actually going to be looking for a trade
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set up during the seven o'clock window
to nine o'clock in the morning today.
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And we're going to use the price
action that was given to us throughout
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London to frame some kind of, uh,
uh, We still have at eight 30 in the
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morning, about a little, a little
bit more than an hour from now.
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00:02:07,250 --> 00:02:10,850
Uh, we have the unemployment claims,
so that's another high impact.
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00:02:11,270 --> 00:02:15,410
And then we have later on at 10:00
AM, New York time, we have ism.
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So we have a little bit more,
a little bit more rather, uh,
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volatility injections left with today.
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Um, so looking at what we have
here, and we know that tomorrow
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we have non-farm payroll, uh, take
a quick look at that real quick.
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00:02:30,950 --> 00:02:37,130
And you'll see the New York session
is loaded with a lot of high
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volatility, uh, um, market drivers.
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Uh, we had some things for CAD
too, so, uh, dollar will be
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pushed around a lot tomorrow.
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Okay.
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So given that.
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As a precursor for tomorrow's trading.
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And we know that we generally do not trade
nonfarm payroll, but I will be active.
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We'll have a live session tomorrow and
we'll actually have commentary and, uh,
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00:03:00,195 --> 00:03:04,905
maybe do some practicing on non-farm
payroll during that number's release,
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what are some pre market expectations
and where the liquidity would be resting
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00:03:09,965 --> 00:03:14,085
and we'll look and see if there's things
pan out for a prosection skillset.
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So let's go over to charts
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and I got to go back here
and switch my sharing too.
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Okay.
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00:03:38,905 --> 00:03:43,915
And we should be seeing
a dollar daily chart.
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So USDA X, now, some of you.
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Still ask questions as it relates to
a broker I'm using for a us dollar
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again, this real quick it's four XLT D.
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Okay.
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00:03:59,730 --> 00:04:05,910
So now in Twitter I gave in occasions
that I felt that we're going to be
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reaching for the liquidity resting
above these highs rate over here,
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three here we have a liquidity
pool that I believe has some, in
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00:04:20,760 --> 00:04:22,260
my opinion, some draw on price.
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00:04:22,770 --> 00:04:28,470
Um, we had a nice reaction in
the numbers for, uh, GBP, which
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00:04:28,470 --> 00:04:30,000
we'll look at in a couple minutes.
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Once we're done talking about the
dollar, we have this liquidity
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00:04:33,930 --> 00:04:36,840
in here, that's resting just
above present market action here.
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00:04:37,500 --> 00:04:41,430
And we have a bearish water
block right there as well.
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So we may have a windup.
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00:04:45,615 --> 00:04:49,005
For, um, pre pre non-farm payroll.
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00:04:49,455 --> 00:04:53,354
Uh, and we may see in that, um,
seeing that price movement during the
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00:04:53,354 --> 00:04:57,495
non-farm payroll release tomorrow,
it doesn't negate the opportunity
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00:04:57,495 --> 00:04:58,575
for seeing something today.
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I was just hoping that we would get
something to form a neuro session trade
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00:05:04,784 --> 00:05:08,594
for today that would have a little bit
more of a, about toady in the New York
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00:05:08,594 --> 00:05:10,335
session and less volatility in London.
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00:05:10,905 --> 00:05:15,674
But we're going to go over to a 15
minute timeframe where I look at.
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Okay.
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00:05:37,094 --> 00:05:37,275
Okay.
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00:05:37,275 --> 00:05:41,865
So have New York delineated
here, market rally.
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Yeah.
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00:05:42,900 --> 00:05:49,620
We had a nice expansion
going into the London session
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here.
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We had equal load in
here that was taken out.
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Initially ran off the visor.
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The handles here really had no
willingness to get above that.
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00:06:05,290 --> 00:06:06,100
96 20.
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00:06:06,100 --> 00:06:11,710
Now we talked about 96, 15 and 96, 20 as
potential areas where the dollar would
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reach for, uh, we had parameters given
by way of Twitter and I'll have those
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tweets actually overlaid in the recording.
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So I can't show them here, but
it will be in there, but I'll
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give you a, uh, basically, uh,
reminders, what it was describing.
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Um, outlined for London.
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00:06:30,580 --> 00:06:37,000
Uh, we were looking for movement for the
cable to move up into a previous house.
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Okay, run that previous high and
potentially have a setup in London.
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00:06:42,160 --> 00:06:47,350
And we would want to see that so off
and then have a set up going into
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New York based on the price action
that we would anticipate in London.
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Okay.
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00:06:51,820 --> 00:06:56,470
So we're going to be looking for a
potential setup and a cell for British
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00:06:56,470 --> 00:07:03,280
pound USD that would indicate also further
pool, a bullishness for dollar index.
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00:07:03,580 --> 00:07:09,790
Now 96 20 was not able to have
any movement seen past it.
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00:07:09,790 --> 00:07:10,480
It was hit.
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00:07:10,990 --> 00:07:13,600
Just reach a little bit above the
bodies of the candles in here.
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00:07:13,990 --> 00:07:14,140
Okay.
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00:07:14,140 --> 00:07:19,780
So while we were looking for 96, 20
and 96, 15 as a potential reactionary
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00:07:19,780 --> 00:07:23,530
levels, because these are actually
daily, um, here's order box.
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Okay.
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Well more specifically the 96,
15 is the bear's order block.
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So when price hits that, let me go into a
deal just so you can see again, why that's
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important might even be mentioned.
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The low neck candles, 96, 15.
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We had it noted the other day.
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Um, the links are in Twitter feed as well.
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Uh, price.
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00:07:48,625 --> 00:07:52,465
We mentioned 96, 15 to earning
up to institutional 96 20.
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00:07:53,695 --> 00:07:55,495
Now go back into the 15 minute chart
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00:07:59,555 --> 00:08:03,965
and the reaction we've seen going
into, uh, the London session, uh, we
114
00:08:03,965 --> 00:08:08,045
ran right up into it and the bodies
of the candle or the old higher here.
115
00:08:08,945 --> 00:08:09,095
Okay.
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00:08:09,095 --> 00:08:11,465
Not the wicks, the bodies
of the candle in here.
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00:08:11,465 --> 00:08:16,115
That's where little clearly
rests just above those levels.
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When it's to bodies that they
ran right through it, and then
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00:08:19,025 --> 00:08:21,125
immediately rejected and traded softer.
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00:08:21,845 --> 00:08:26,855
Now we have gone back into a small,
uh, bullish order block in here, and
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00:08:26,855 --> 00:08:28,175
we have a liquidity void as well.
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00:08:28,655 --> 00:08:32,164
Now that's what I'm primarily
focusing on and I want to utilize
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00:08:32,164 --> 00:08:34,294
for today during the New York side.
124
00:08:35,340 --> 00:08:35,670
Okay.
125
00:08:35,750 --> 00:08:39,810
I really want to see the
rain stay tightened here.
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00:08:40,200 --> 00:08:40,530
Okay.
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00:08:40,560 --> 00:08:44,490
I don't want this whole area
right in here for the dollar,
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00:08:48,130 --> 00:08:48,580
all this.
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00:08:48,580 --> 00:08:50,170
I want this to stay just like this.
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00:08:50,830 --> 00:08:51,790
Stay inside that range.
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00:08:51,790 --> 00:08:55,030
I don't want this load taken out
yet and I don't want them to come
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00:08:55,030 --> 00:08:56,470
up here and closing this void.
133
00:08:56,740 --> 00:08:57,100
Okay.
134
00:08:57,280 --> 00:09:01,660
We have a really nice little gap in
here, right at the 96, 15 level again.
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00:09:02,650 --> 00:09:03,790
And we have the void right here.
136
00:09:04,480 --> 00:09:08,680
So with this, if they leave
it in place like this, okay.
137
00:09:09,010 --> 00:09:13,330
What I'm looking for is the market
to stay and consolidation ahead
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00:09:13,360 --> 00:09:18,310
of the numbers released at eight
30 Dawn unemployment claims.
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00:09:20,080 --> 00:09:24,220
If we get that release at eight 30, which
is roughly a little bit over an hour from
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00:09:24,220 --> 00:09:29,680
now, and we'll still be here talking the,
uh, the market, I'm hoping, we'll see
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00:09:29,680 --> 00:09:31,720
the dollar run up in here and hit that.
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00:09:31,720 --> 00:09:32,110
And then.
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00:09:33,985 --> 00:09:38,725
Not blow through the high that was formed
in London, because we're assuming at this
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00:09:38,725 --> 00:09:43,495
point right now, just world London's,
um, set up trading into New York.
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00:09:45,084 --> 00:09:46,944
We're going to say that
this is the, the London.
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00:09:46,975 --> 00:09:47,334
Hi.
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00:09:47,875 --> 00:09:48,115
Okay.
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I'm going to come back, potentially
closing this range and then see
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00:09:51,865 --> 00:09:53,214
further weakness on a dollar.
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00:09:53,395 --> 00:09:58,015
So our higher, higher level objectives
near term, just for today, we'll
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00:09:58,015 --> 00:10:01,495
be put aside and we'll probably
look at those levels not being hit.
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00:10:01,495 --> 00:10:07,055
We were talking about, um, the daily, um,
for non-farm payroll is tomorrow, which
153
00:10:07,055 --> 00:10:10,015
just a little bit more volatility in that
released in what we're going to see today.
154
00:10:11,365 --> 00:10:14,724
So just for, uh, New York session
set up that worked for about
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00:10:14,724 --> 00:10:17,724
20, 25 pips for a set up today.
156
00:10:18,235 --> 00:10:21,685
And if we're looking for the
moving up into this level here
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00:10:21,685 --> 00:10:26,245
at 96 15, um, it can go to 96.
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00:10:29,520 --> 00:10:38,340
Uh, yeah, it could stab up to,
uh, around 96, 18 or there abouts.
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00:10:39,060 --> 00:10:45,510
Um, and we're going to be looking
for that as a set up for another
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00:10:45,990 --> 00:10:51,570
run, lower on dollar to take out
this initial low and early Frankfurt.
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00:10:51,990 --> 00:10:53,130
I'm sorry, early Asia rather.
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00:10:55,290 --> 00:10:58,140
Now what translates for cable?
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00:10:59,100 --> 00:11:03,060
This is what we had
yesterday and our charts.
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00:11:05,990 --> 00:11:07,040
Well, maybe not yesterday.
165
00:11:07,620 --> 00:11:08,270
It was yesterday.
166
00:11:09,040 --> 00:11:09,740
It was yesterday.
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00:11:10,160 --> 00:11:15,800
The, uh, in the Twitter account,
I was highlighting the, this high
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00:11:16,940 --> 00:11:19,400
and I noted between two o'clock
and four o'clock in the morning.
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00:11:19,430 --> 00:11:24,110
We would be anticipating a
move up into a run on that one.
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00:11:26,715 --> 00:11:28,545
31 60 level.
171
00:11:29,685 --> 00:11:29,954
Okay.
172
00:11:29,954 --> 00:11:33,314
And we're, we're looking at these
levels down here and he stops, I really
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00:11:33,314 --> 00:11:38,865
want you to focus on the 30, 60, well,
cause I think if we get all of this
174
00:11:40,545 --> 00:11:48,944
moving here, this may be all given up
during nine 11 payroll and even run
175
00:11:48,975 --> 00:11:51,314
even lower for the 1 30, 60 stops.
176
00:11:51,915 --> 00:11:52,155
Okay.
177
00:11:52,155 --> 00:11:57,525
So the stops that we've had as outlined
below these loads over here, they
178
00:11:57,525 --> 00:12:01,814
may be the actual, uh, level that
the non-farm payroll will be seeking.
179
00:12:02,324 --> 00:12:02,595
Okay.
180
00:12:02,595 --> 00:12:07,335
If we get some, um, some breakdown,
a lot of reaction in here in price
181
00:12:07,335 --> 00:12:10,964
went up to one, uh, one 30 to 60
level to go out and look at that.
182
00:12:13,785 --> 00:12:17,025
And again, all we're doing is
this word framing an idea going in
183
00:12:17,085 --> 00:12:19,095
ahead of the numbers at eight 30.
184
00:12:19,545 --> 00:12:24,675
So what I do in the morning, I get
up around, uh, 20 minutes to seven.
185
00:12:25,245 --> 00:12:28,245
Um, I'm usually in front of my
charts and I'm looking at what's
186
00:12:28,245 --> 00:12:29,355
already happened in London.
187
00:12:29,805 --> 00:12:30,195
Okay.
188
00:12:30,705 --> 00:12:37,035
Um, we have a huge range here,
all on one, one hour candle.
189
00:12:37,695 --> 00:12:41,775
Uh, this is the actual time window
where we were looking for the movement
190
00:12:41,805 --> 00:12:45,975
up into the previous high in here.
191
00:12:46,065 --> 00:12:47,775
And I gave you guys an
exercise to see okay.
192
00:12:47,775 --> 00:12:48,885
If it runs through that.
193
00:12:49,515 --> 00:12:49,845
Okay.
194
00:12:50,505 --> 00:12:53,445
Track it as a turtle
soup, use a 30 PIP stop.
195
00:12:54,135 --> 00:12:59,775
And as you can give 30 PIP stop, um, and
look for a 60 pit, uh, potential move.
196
00:13:00,435 --> 00:13:03,045
And we're going to be looking for a
move down into this or block here.
197
00:13:03,195 --> 00:13:07,335
If we were able to get that one in did
not give any indication that they want
198
00:13:07,335 --> 00:13:12,375
to boost our software there, but it went
up into a previous area of old liquidity.
199
00:13:14,655 --> 00:13:17,595
Would I indicate it with the dollar?
200
00:13:17,925 --> 00:13:19,505
What we're going to probably see is.
201
00:13:21,005 --> 00:13:26,285
Um, another run sweep above here
and it'll be inside to see if we got
202
00:13:26,285 --> 00:13:29,555
this range not completely closed in.
203
00:13:29,555 --> 00:13:32,944
I think they're actually pushing this
up building in something that was short
204
00:13:32,944 --> 00:13:35,584
term premium on the British pound.
205
00:13:35,675 --> 00:13:39,334
And then they're going to actually come up
attack this, this range in here, because
206
00:13:39,334 --> 00:13:41,515
this was really, really poor price action.
207
00:13:41,515 --> 00:13:42,214
It's really quick.
208
00:13:42,665 --> 00:13:46,564
They ran it up through there and
usually going into non-farm payroll.
209
00:13:46,895 --> 00:13:49,444
There's some measure of pumping.
210
00:13:49,984 --> 00:13:50,344
Okay.
211
00:13:50,555 --> 00:13:55,594
I have the numbers, they'll have a lot
of price action going one direction.
212
00:13:56,255 --> 00:13:59,584
And when that usually happens,
a non-farm payroll, usually
213
00:13:59,584 --> 00:14:01,685
under unwind, all of that.
214
00:14:01,984 --> 00:14:02,344
Okay.
215
00:14:02,464 --> 00:14:05,074
Or at least a large percentage of
that, that range that's created
216
00:14:05,074 --> 00:14:06,395
ahead of non-farm payroll.
217
00:14:14,505 --> 00:14:19,275
So what we're gonna be
looking for is that dollar.
218
00:14:20,160 --> 00:14:21,480
Rally back up into
219
00:14:24,480 --> 00:14:25,470
this board in here.
220
00:14:26,010 --> 00:14:26,220
Okay.
221
00:14:26,220 --> 00:14:29,970
And again, we don't want to see the low,
if we lose a low here, the odds for the
222
00:14:29,970 --> 00:14:32,699
New York session trade set up, fall off.
223
00:14:32,730 --> 00:14:35,550
It doesn't mean that we can't
watch price and study it.
224
00:14:35,550 --> 00:14:39,000
But for our setup, I want to maintain
the smaller consolidation in here.
225
00:14:39,240 --> 00:14:43,980
And I went to the up close that range
in here first, if that does that.
226
00:14:44,400 --> 00:14:44,670
Okay.
227
00:14:44,670 --> 00:14:53,400
Well, while it's trading up here, it's
going to cause the British pound to one
228
00:14:53,460 --> 00:15:00,630
dip down a little bit into this range
and then drive ultimately higher through
229
00:15:00,630 --> 00:15:03,990
the buyers of these candles because we
only went through it just a little bit.
230
00:15:04,230 --> 00:15:06,300
I think they're asking us to
drive a little bit more intraday
231
00:15:06,310 --> 00:15:08,069
today for the New York session.
232
00:15:09,120 --> 00:15:15,180
So while our preliminary expectations for
London to give us some kind of a framework
233
00:15:15,180 --> 00:15:19,245
to work within India, Um, for those
that were up in New York, I'm sorry, in
234
00:15:19,245 --> 00:15:23,444
London, uh, this would have been an area
that, uh, to practice the turtle suit.
235
00:15:23,474 --> 00:15:27,015
Now, some of you that are new or
watching this and saying, well, you
236
00:15:27,015 --> 00:15:34,094
know, um, I put a real short on, or I
put a real stop on it, 30 and it hit me.
237
00:15:34,935 --> 00:15:36,675
That's exactly what's going to happen.
238
00:15:36,734 --> 00:15:38,625
You know, you're going to do
these things and you're going
239
00:15:38,625 --> 00:15:40,635
to get a negative response.
240
00:15:40,844 --> 00:15:44,444
And by learning that, okay, what
it's telling us is, number one,
241
00:15:45,015 --> 00:15:49,214
it's been driven up to an area
of liquidity here, but it has yet
242
00:15:49,214 --> 00:15:50,655
to really clear out these levels.
243
00:15:52,005 --> 00:15:52,665
Decisively.
244
00:15:53,084 --> 00:15:58,545
We have this old high to wick through
the bodies in here still relatively
245
00:15:59,265 --> 00:16:00,974
not cleaned out in my opinion.
246
00:16:01,305 --> 00:16:05,295
So I'm expecting a little bit of a
move down in here, not the entire
247
00:16:05,295 --> 00:16:08,655
range for this session today, but I
do believe this is going to be filled
248
00:16:08,655 --> 00:16:10,125
into Margo and non-farm payroll.
249
00:16:10,395 --> 00:16:11,865
That's my expectation.
250
00:16:12,375 --> 00:16:16,100
But using what we have already
in the chart, You're going to see
251
00:16:16,100 --> 00:16:21,200
that New York session has, has,
has a lot of built-in advantages.
252
00:16:21,410 --> 00:16:21,770
Okay.
253
00:16:21,770 --> 00:16:25,070
And that's why new traders
shouldn't be in London.
254
00:16:25,550 --> 00:16:31,100
Because number one, if you aren't
versed in the expectations, what should
255
00:16:31,100 --> 00:16:33,800
be happening in London, you're going
to get beat up and shoot up a lot.
256
00:16:34,310 --> 00:16:39,230
So it's good to start as a new trader with
practicing and outlining what you think is
257
00:16:39,230 --> 00:16:43,280
going to happen in London and then waking
up or getting in front of your charts.
258
00:16:43,580 --> 00:16:43,880
Okay.
259
00:16:43,940 --> 00:16:48,590
Ahead of New York and seeing what's
actually panned out if it's going
260
00:16:48,590 --> 00:16:52,610
completely awry and you don't see
anything that you had outlined for
261
00:16:52,670 --> 00:16:59,510
London, you get, you've got a advantage
by having seen what's already occurred
262
00:16:59,540 --> 00:17:04,880
in London session, whether you take a
trade in London and lose, or whether
263
00:17:04,880 --> 00:17:10,760
you have an outline in London and
it pans out all those indications
264
00:17:10,760 --> 00:17:12,290
that are actually framed in line.
265
00:17:13,110 --> 00:17:16,350
Okay ahead of the New York session at
seven o'clock in the morning, New York
266
00:17:16,350 --> 00:17:23,130
time, they're all going to be, or to,
to build either a model for New York
267
00:17:23,130 --> 00:17:28,230
sessions trading for a reason to be on the
sidelines and still just monitor price.
268
00:17:28,680 --> 00:17:32,310
We're actually going to go in and
look for a set up to trade with
269
00:17:32,310 --> 00:17:35,460
him with a 20 PIP 25 PIP objective.
270
00:17:36,090 --> 00:17:40,410
And as the markets get closer to
that eight 30 in the morning, uh,
271
00:17:40,410 --> 00:17:46,020
window, uh, we'll be able to map out,
um, where we may see price reach for
272
00:17:46,230 --> 00:17:48,570
ultimately for intraday liquidity.
273
00:17:52,640 --> 00:17:54,320
See, we'll get to here for the Euro.
274
00:17:54,830 --> 00:17:55,670
I haven't looked at that yet.
275
00:18:00,170 --> 00:18:00,710
Okay.
276
00:18:01,340 --> 00:18:01,970
Um,
277
00:18:15,345 --> 00:18:15,555
All right.
278
00:18:15,555 --> 00:18:16,335
So we have,
279
00:18:20,004 --> 00:18:20,245
Hmm.
280
00:18:24,885 --> 00:18:27,465
We might have a setup in
Euro versus the dollar now.
281
00:18:27,795 --> 00:18:28,065
I'm sorry.
282
00:18:28,095 --> 00:18:30,105
Versus here versus dollar.
283
00:18:30,105 --> 00:18:33,645
And this one, uh, prices come
down, hit the order block here.
284
00:18:33,675 --> 00:18:34,545
Let's go to the eight.
285
00:18:35,284 --> 00:18:35,375
Okay.
286
00:19:00,985 --> 00:19:02,065
probably only looking at two.
287
00:19:06,750 --> 00:19:08,189
Way to clean and air that's.
288
00:19:08,489 --> 00:19:11,459
That's an anomaly that doesn't
exist long and prosection.
289
00:19:12,149 --> 00:19:20,159
So we do have a potential was
that 1 11 95 to one 12 big figure
290
00:19:23,250 --> 00:19:24,570
sensitive forty-five pips.
291
00:19:24,570 --> 00:19:25,709
They're in range.
292
00:19:25,709 --> 00:19:27,840
We've already hit the block
several times in here.
293
00:19:29,909 --> 00:19:36,060
Um, we did break another short-term
high and we do have a little bit
294
00:19:36,060 --> 00:19:38,580
of a clean level here as well.
295
00:19:39,239 --> 00:19:47,070
So we have liquidity layered
at 1 11 70 to 1 11 94 Euro.
296
00:19:49,010 --> 00:19:51,830
And again, if we keep these ranges
tight, like this going ahead of the
297
00:19:51,830 --> 00:19:54,439
numbers, that'll be beneficial for us.
298
00:19:55,399 --> 00:19:58,280
Again, I don't want this to break
down because if it does, it's
299
00:19:58,280 --> 00:19:59,149
going to run ahead before the.
300
00:20:01,225 --> 00:20:04,435
I really want to keep it tight in
here and see it come back up in here,
301
00:20:04,495 --> 00:20:08,035
give a indication that wants to rally,
but then give it up and go lower.
302
00:20:08,905 --> 00:20:15,355
And that'll give us room for upside
on now discovering the liquidity.
303
00:20:15,355 --> 00:20:16,345
That's arresting above
304
00:20:24,325 --> 00:20:25,225
these levels on here.
305
00:20:28,605 --> 00:20:28,815
Okay.
306
00:20:28,815 --> 00:20:33,465
So if you've not been following along and
I've been speaking cryptically, because
307
00:20:33,465 --> 00:20:34,815
sometimes I've been accused of that.
308
00:20:35,235 --> 00:20:44,865
Um, the expectation I have is for the
New York session between eight 30 and 11
309
00:20:44,865 --> 00:20:50,025
o'clock in the morning, New York time, I
believe we're going to see weaker dollar
310
00:20:51,165 --> 00:20:58,155
and stronger British pound and stronger
Euro dollar now because of the outline.
311
00:20:59,160 --> 00:21:02,220
But we were anticipating
for this morning in London.
312
00:21:02,700 --> 00:21:05,760
Uh, it drew right on through
that way to a level here.
313
00:21:05,790 --> 00:21:07,170
Now, this is already moved.
314
00:21:08,860 --> 00:21:17,300
Euro still has an challenged liquidity
in the areas that we're noting here.
315
00:21:18,350 --> 00:21:23,570
So while I came in this morning to
get out of bed with the expectation,
316
00:21:23,580 --> 00:21:26,090
I'm going to look for a move in cable.
317
00:21:27,200 --> 00:21:31,190
Um, we may end up actually
going into a Euro.
318
00:21:31,940 --> 00:21:36,230
I'm not convinced yet, but I'm just giving
that as a potential, as we get closer to
319
00:21:36,230 --> 00:21:39,770
the eight 30 numbers released, we'll take
a look at what's actually available in
320
00:21:39,770 --> 00:21:44,690
price and see if there is more merit to
doing the Euro dollar versus to cable.
321
00:21:46,900 --> 00:21:47,270
It depends.
322
00:21:47,320 --> 00:21:50,480
And the reason why I'm saying that
is I'm trying to remind myself
323
00:21:50,500 --> 00:21:53,950
that as I'm thinking, I want to
make sure I'm thinking out loud and
324
00:21:53,950 --> 00:21:56,570
something I don't normally do, but.
325
00:21:58,365 --> 00:22:03,675
The reason why, um, we're
going to be waiting.
326
00:22:03,675 --> 00:22:08,115
And so I'm going to see how much of
a retracement into this range we get
327
00:22:08,115 --> 00:22:12,745
ahead of that HRD numbers release.
328
00:22:15,165 --> 00:22:15,375
Okay.
329
00:22:15,375 --> 00:22:17,925
So we have a little bit
of a liquidity in here.
330
00:22:18,285 --> 00:22:25,125
If that was all one range all one
hour, and we're just consolidating
331
00:22:25,125 --> 00:22:28,185
or eight below a level that it's
obvious that you're going to want to
332
00:22:28,185 --> 00:22:31,875
push through that one more time and
I'd rather see them retrace a little
333
00:22:31,875 --> 00:22:35,685
bit more and not to stay tight here,
because if it stays in a tight range
334
00:22:35,685 --> 00:22:38,775
like this, okay, I'd rather see this.
335
00:22:40,575 --> 00:22:43,755
Keep your dollar in the range in here.
336
00:22:46,425 --> 00:22:51,555
Let the British pound come down
and take out the low and here today
337
00:22:51,555 --> 00:22:53,025
to allow to stay in place so far.
338
00:22:53,655 --> 00:22:55,905
So this has all been 1, 1, 1 way.
339
00:22:57,700 --> 00:22:58,450
All one-sided.
340
00:23:00,399 --> 00:23:01,210
So they're leaving this.
341
00:23:01,210 --> 00:23:02,139
Love your near-term.
342
00:23:02,409 --> 00:23:04,990
So I would rather than
come down, wipe that out.
343
00:23:05,230 --> 00:23:05,679
Okay.
344
00:23:05,710 --> 00:23:08,800
Not given, not go too much into this cause
that'll mess up what we're going to be
345
00:23:08,800 --> 00:23:11,649
doing for a non-farm payroll tomorrow.
346
00:23:12,070 --> 00:23:15,340
Because if they, if they leave the
majority of this range in here, that's,
347
00:23:15,340 --> 00:23:20,590
what's going to be exposed and, um,
attack during the really S tomorrow at
348
00:23:20,590 --> 00:23:21,850
eight 30 in the morning, New York time.
349
00:23:22,720 --> 00:23:27,700
But what we're looking for just for today
is we want to see a movement down, take
350
00:23:27,700 --> 00:23:32,020
out this low, once it does that, we're
going to be down into a five minute chart.
351
00:23:32,620 --> 00:23:36,820
And when I'm gonna be looking for
is a sweep below this low in here,
352
00:23:37,870 --> 00:23:40,480
come down into this range a little
bit, and then I'm going to wait.
353
00:23:40,840 --> 00:23:42,520
We're going to be on a five
minute chart at that time.
354
00:23:43,179 --> 00:23:44,470
I want to see it move back up a little.
355
00:23:45,540 --> 00:23:47,670
And whatever that down candle
was on a five minute chart.
356
00:23:47,700 --> 00:23:50,010
We're gonna wait for the trade rate
back down into that one more time.
357
00:23:50,520 --> 00:23:53,520
When it does that, I will
do a live entry on it.
358
00:23:53,610 --> 00:23:55,470
I will put a live stop on it.
359
00:23:55,620 --> 00:23:56,010
Okay.
360
00:23:56,010 --> 00:23:58,680
And I'll put a live limit order,
the limit where it's going to be
361
00:23:58,680 --> 00:24:01,560
around 1 30, 2 70 to 1 30, 2 75.
362
00:24:02,190 --> 00:24:05,040
And we'll be looking for a run one
more time to get through this high.
363
00:24:05,400 --> 00:24:07,380
That's what I'm anticipating for today.
364
00:24:08,040 --> 00:24:09,120
Now, why am I doing that?
365
00:24:09,210 --> 00:24:12,870
Well, because the expectation I had
down here for a cell was completely
366
00:24:12,870 --> 00:24:16,230
railroaded and didn't do anything
to give a selling indication at
367
00:24:16,230 --> 00:24:18,180
all the consolidation led here.
368
00:24:18,570 --> 00:24:21,000
Okay, didn't see it push
out and then come back down.
369
00:24:21,840 --> 00:24:22,980
It just drove right on through it.
370
00:24:22,980 --> 00:24:24,450
And they had this exposure range in here.
371
00:24:24,690 --> 00:24:29,310
So the daily range we have to respect
what was already done in London.
372
00:24:29,760 --> 00:24:32,640
So we have to say that this
is the low waxy, more or less.
373
00:24:32,850 --> 00:24:33,930
This is well in Asia.
374
00:24:34,930 --> 00:24:40,860
Then we have, uh, London, uh, confirming
that low here, um, with the advancement
375
00:24:40,860 --> 00:24:43,440
in the price higher and our beliefs.
376
00:24:44,205 --> 00:24:49,725
Ahead of New York is this is the dollar
high during an, uh, London session.
377
00:24:53,375 --> 00:24:56,975
So while there's not a terrible
amount of range, um, on the upside,
378
00:24:56,975 --> 00:24:58,715
we still have potential to run.
379
00:24:58,715 --> 00:25:02,465
Liquidly above these highs and we're gonna
be using the New York session to do that
380
00:25:02,855 --> 00:25:07,655
ahead of the numbers that are released
at eight 30 with the unemployment claims.
381
00:25:10,575 --> 00:25:12,075
And I think that's going to be it.
382
00:25:12,555 --> 00:25:14,715
I'm going to take a brief break.
383
00:25:14,805 --> 00:25:16,545
Um, I will come back again.
384
00:25:16,545 --> 00:25:20,985
So there will be, um, two actual
live sessions broken, but the
385
00:25:20,985 --> 00:25:23,475
recording obviously blend both
of them together seamlessly.
386
00:25:23,475 --> 00:25:28,065
So don't feel like it was all one session,
but in reality there will actually be two.
387
00:25:28,335 --> 00:25:28,665
Okay.
388
00:25:28,665 --> 00:25:31,125
So again, in recap,
just want to make sure.
389
00:25:33,095 --> 00:25:36,665
And it's the only time I'm really going
to ask any questions, um, and, and look
390
00:25:36,665 --> 00:25:38,225
for feedback during this presentation.
391
00:25:39,815 --> 00:25:41,255
I'm looking for.
392
00:25:42,720 --> 00:25:50,350
A move lower on the British pound to
take out this low when this lowest sweat.
393
00:25:50,889 --> 00:25:51,340
Okay.
394
00:25:51,370 --> 00:25:56,139
Either right before eight 30, New
York time when the numbers release
395
00:25:56,590 --> 00:25:58,659
or after those numbers release.
396
00:25:58,669 --> 00:25:58,960
Okay.
397
00:25:59,190 --> 00:26:02,409
Waiting for the actually event to occur.
398
00:26:03,310 --> 00:26:03,490
Okay.
399
00:26:03,490 --> 00:26:06,760
We're not, we're not just going to just
trade it because it's now eight 30.
400
00:26:07,149 --> 00:26:07,540
Okay.
401
00:26:07,629 --> 00:26:12,370
We're going to wait for this low to
be violated when price trades down.
402
00:26:12,399 --> 00:26:15,399
If it does it, oh, it doesn't have to do
this, but this is what I'm waiting for.
403
00:26:15,850 --> 00:26:16,030
It.
404
00:26:16,030 --> 00:26:17,500
Price breaks down below this low.
405
00:26:17,860 --> 00:26:18,220
Okay.
406
00:26:18,460 --> 00:26:23,320
Once I see that I'm going to be eyeball
in five minute chart, and then I want
407
00:26:23,320 --> 00:26:27,760
to see on a five minute chart, a rally
away after it's taken out this low.
408
00:26:28,360 --> 00:26:31,690
So let's put this in right
now, right before we go away.
409
00:26:32,230 --> 00:26:33,760
So this will all be waiting
for us when we come in.
410
00:26:46,750 --> 00:26:53,330
Okay, so you guys can understand
what we're framing and wind.
411
00:26:53,420 --> 00:26:55,220
This is where the stops are for intraday.
412
00:26:56,300 --> 00:26:57,380
They're below the marketplace.
413
00:26:57,380 --> 00:26:58,850
It's all been one side on the upside.
414
00:26:59,570 --> 00:27:04,010
So what we're expecting as a
move below that clear out the
415
00:27:04,010 --> 00:27:05,420
stops that hadn't been trailed.
416
00:27:05,690 --> 00:27:06,890
See, now it's consolidating.
417
00:27:07,340 --> 00:27:07,700
Okay.
418
00:27:07,730 --> 00:27:11,060
And only thing we're going to be
utilizing this set up is a rundown
419
00:27:11,060 --> 00:27:14,930
below that low declare at the stops
on a five minute chart, we're going to
420
00:27:14,930 --> 00:27:16,910
wait for the rally away up from that.
421
00:27:16,910 --> 00:27:20,150
And then when it comes back down and
creates another, uh, return to a bullish
422
00:27:20,160 --> 00:27:23,450
or block, which will be whatever that
down candle is on the five minute chart,
423
00:27:24,440 --> 00:27:27,320
when it happens, it should arrive.
424
00:27:28,260 --> 00:27:34,080
And if it does, we're gonna be looking
for 30 to 75 and, or the target name,
425
00:27:34,139 --> 00:27:37,950
um, maybe a little bit harder than
we'll see at the time of the setup.
426
00:27:38,340 --> 00:27:40,800
I don't want to give you anything more
than that because I'm trying to, uh,
427
00:27:41,310 --> 00:27:45,450
due to the very thing I normally do
and not try to fancy dance it because
428
00:27:45,450 --> 00:27:48,330
we're an educational venue with it.
429
00:27:51,100 --> 00:27:54,160
And, um,
430
00:27:59,060 --> 00:28:04,440
you're a dollar this candle right in here,
431
00:28:07,560 --> 00:28:08,280
right in here.
432
00:28:09,510 --> 00:28:12,360
I'm watching this one for it.
433
00:28:14,399 --> 00:28:19,860
So we might have two set
ups to watch this morning.
434
00:28:20,580 --> 00:28:21,000
Um,
435
00:28:25,020 --> 00:28:26,250
It means for our shoulders here.
436
00:28:26,940 --> 00:28:28,890
I don't really expect it
to trade down into that.
437
00:28:29,220 --> 00:28:33,120
Uh, the reason why is it's already
spent a lot of time in the 15
438
00:28:33,120 --> 00:28:34,590
minute chart in this area here.
439
00:28:35,310 --> 00:28:41,460
So in this case, I would elect to
use the top of the candle versus
440
00:28:41,490 --> 00:28:44,280
expecting it to dip all the way down
into the mid point of that candle.
441
00:28:44,580 --> 00:28:45,900
Cause it's already spent
a lot of time here.
442
00:28:46,620 --> 00:28:46,770
Okay.
443
00:28:46,770 --> 00:28:48,930
So what would be necessary for me?
444
00:28:49,650 --> 00:28:55,400
It would have to come down to this level
at 1 11 45, which would be a buyer at 1
445
00:28:55,400 --> 00:29:00,480
11 50 with it run to 1 11 70, the 1 11 80.
446
00:29:01,830 --> 00:29:02,070
Okay.
447
00:29:02,070 --> 00:29:04,230
So that's one of the conditions
we're looking for Euro.
448
00:29:04,740 --> 00:29:04,980
Okay.
449
00:29:04,980 --> 00:29:09,060
And it goes along with what we're
expecting for the dollar maintaining
450
00:29:09,060 --> 00:29:11,730
it's a bear stands for today.
451
00:29:12,180 --> 00:29:17,490
So again, we were looking for this
consolidation, the stay tight rally up
452
00:29:17,520 --> 00:29:19,710
hit, hit this void in here, close that in.
453
00:29:20,429 --> 00:29:25,620
At around 96, 15 and 96 18, and then
wait for dollar the world down lower.
454
00:29:25,620 --> 00:29:28,800
And then I'll give the room
for the expectant expectation
455
00:29:29,429 --> 00:29:32,699
for the run higher on a table.
456
00:29:33,419 --> 00:29:39,629
And around higher off the level of
ethnos, 1 11 51, 11 45 for a run to
457
00:29:39,629 --> 00:29:45,600
one and 11 71, 11 80, maybe one, uh,
one 12 big finger for, for fiber.
458
00:29:46,199 --> 00:29:48,240
So that's the outcome we're expecting.
459
00:29:48,240 --> 00:29:51,810
This is the framework we're going
with going into the New York session.
460
00:29:52,469 --> 00:29:55,740
And I will come back
around quarter after eight.
461
00:29:57,169 --> 00:29:58,590
I appreciate your patience for that.
462
00:29:59,240 --> 00:30:01,610
Um, Hmm.
463
00:30:12,500 --> 00:30:14,600
When I collapsed this,
you guys can see it.
464
00:30:18,705 --> 00:30:24,285
I did the, uh, did the longest
order block all set when it hit it.
465
00:30:26,205 --> 00:30:32,355
I couldn't get on the go-to webinar
fast enough to, uh, to do that.
466
00:30:32,355 --> 00:30:34,754
So you kind of want you to see
the trade here as I collapsed it.
467
00:30:35,535 --> 00:30:39,405
And I want to go over some of the things
that went on along with today's trade
468
00:30:39,885 --> 00:30:42,825
the takeaways, what you're supposed
to have that I already started yet.
469
00:30:42,835 --> 00:30:44,595
I think you already started recording.
470
00:30:44,595 --> 00:30:50,265
I made a practice of before I can start
talking, I have to hit the record button.
471
00:30:50,265 --> 00:30:52,785
So I have an, I have a
little sticky on my laptop.
472
00:30:53,655 --> 00:30:56,145
It's reminding me, cause I, I
messed up earlier this morning.
473
00:30:58,275 --> 00:31:02,145
Um, yeah, it's awesome.
474
00:31:02,175 --> 00:31:03,495
Thank you very much for your comments.
475
00:31:03,975 --> 00:31:06,885
The, um, I'm going to be
real honest with you guys.
476
00:31:06,925 --> 00:31:11,504
I, I, this morning, I'm in a little bit
of a funk over the, uh, the PayPal stuff.
477
00:31:11,504 --> 00:31:17,889
So, um, Admittedly, I, I started today
with a little bit of a, of a haze.
478
00:31:18,520 --> 00:31:20,290
So it is what it is.
479
00:31:20,830 --> 00:31:23,770
Um, can I go to full screen?
480
00:31:24,340 --> 00:31:24,429
Okay.
481
00:31:26,649 --> 00:31:28,510
Well, I'm not sure what you're asking me.
482
00:31:53,500 --> 00:31:53,919
Um,
483
00:31:57,899 --> 00:31:58,439
exactly.
484
00:32:05,540 --> 00:32:05,870
All right.
485
00:32:05,870 --> 00:32:11,540
So anyway, this morning I was
looking at the, uh, the, uh,
486
00:32:14,625 --> 00:32:15,225
The cable.
487
00:32:15,225 --> 00:32:21,885
I wanted to have something to do for
cable, but obviously the, uh, the
488
00:32:21,885 --> 00:32:23,745
market had ran through on London.
489
00:32:23,745 --> 00:32:26,835
So the set up that we were
using, going into New York today,
490
00:32:27,765 --> 00:32:32,695
um, didn't give us anything in
line with what we're expecting.
491
00:32:32,695 --> 00:32:40,455
So, um, no, I'm not trying to save face
or anything, but I'm just reminding
492
00:32:40,455 --> 00:32:42,615
you that we were using them London.
493
00:32:43,245 --> 00:32:43,545
Okay.
494
00:32:43,545 --> 00:32:48,315
To give us a framework for a trade
for a live session in New York.
495
00:32:48,615 --> 00:32:53,835
And because there was nothing that I
could go by, based on the expectation
496
00:32:53,835 --> 00:32:59,085
I had for London in cable, a cable
took off and ran right on through it.
497
00:32:59,625 --> 00:32:59,775
Okay.
498
00:32:59,795 --> 00:33:00,585
Hang on one second.
499
00:33:00,585 --> 00:33:03,405
This is the time of day where I'll
actually spend all the time for
500
00:33:03,405 --> 00:33:06,449
all your questions, but if you
load up the screen, I probably
501
00:33:06,449 --> 00:33:07,530
won't get to all your questions.
502
00:33:07,530 --> 00:33:09,629
And now, since, since you're
paying for it, I really want to
503
00:33:09,629 --> 00:33:10,919
get everyone's questions answered.
504
00:33:11,370 --> 00:33:14,669
So if you're, if you're really just
making comments like, you know, um,
505
00:33:15,370 --> 00:33:17,189
for appreciation, that's awesome.
506
00:33:17,370 --> 00:33:20,850
But to save that for Twitter, you
know, we can do that in that group.
507
00:33:20,850 --> 00:33:23,280
I don't, I don't need to see all that
in here because it takes a lot of
508
00:33:23,280 --> 00:33:25,290
time to go through all the questions.
509
00:33:25,350 --> 00:33:28,919
And if it's comments in here while
I do appreciate it, it just takes it
510
00:33:28,919 --> 00:33:31,050
consumes more time to read all it.
511
00:33:31,080 --> 00:33:34,260
So if you hang on just one second,
let me cover the cover, the, uh,
512
00:33:35,080 --> 00:33:38,189
the, the material that was presented
for today and what we were expecting
513
00:33:38,550 --> 00:33:43,110
going into, uh, this morning and last
night and how it didn't give us what
514
00:33:43,110 --> 00:33:46,679
I anticipated, but we're able to fair
it out something, uh, for New York
515
00:33:46,679 --> 00:33:48,780
session, which is, uh, which is nice.
516
00:33:48,780 --> 00:33:54,870
But initially we were looking for, I
was looking for rather the, uh, this
517
00:33:54,870 --> 00:33:56,550
area in here, right above these highs.
518
00:33:56,790 --> 00:34:01,199
I thought for sure that, uh, we would
probably get something like this.
519
00:34:01,199 --> 00:34:03,449
I mean, drop out of it.
520
00:34:07,875 --> 00:34:08,895
This high in here.
521
00:34:09,135 --> 00:34:11,844
I thought we were just going to poke
through it and come back down here and
522
00:34:11,844 --> 00:34:13,155
enclose in a little bit of a range.
523
00:34:13,574 --> 00:34:19,905
Um, and then looking for, um, something
like this one non-farm payroll, um,
524
00:34:20,864 --> 00:34:23,745
obviously true to form, like it's
going to be in your own trading.
525
00:34:24,074 --> 00:34:26,745
Uh, it's going to do what it's going
to do and you have to adapt to it.
526
00:34:27,014 --> 00:34:29,895
So while it didn't give me
the outcome here, had I been
527
00:34:30,045 --> 00:34:32,745
at, um, at the terminal live?
528
00:34:33,255 --> 00:34:34,635
Um, what I've taken this trade?
529
00:34:34,815 --> 00:34:35,445
I don't know.
530
00:34:35,925 --> 00:34:36,465
I don't know.
531
00:34:36,495 --> 00:34:40,275
I can't tell you if I would have wouldn't
have, I don't know, but obviously,
532
00:34:40,275 --> 00:34:46,725
you know, ahead of time, I didn't have
any of the, um, outlined expectation
533
00:34:46,784 --> 00:34:48,915
come to fruition, um, between the two.
534
00:34:49,680 --> 00:34:52,710
The beginning of this rectangle here, and
you enter this rectangle is delineating
535
00:34:52,710 --> 00:34:57,450
the ICT kill zone for London and aim right
in the heart of it went right through it.
536
00:34:57,720 --> 00:34:58,020
Okay.
537
00:34:58,020 --> 00:35:01,670
And ran aggressively 2, 1 32 65.
538
00:35:02,180 --> 00:35:07,880
Um, then this morning waking up, going
into the New York session, as we said,
539
00:35:07,940 --> 00:35:14,150
in a previous sessions, the, uh, the dear
was that we were looking for a run down
540
00:35:14,150 --> 00:35:18,350
below the low and then try to catch a run
like this, but only on the heels of the
541
00:35:18,350 --> 00:35:21,200
stops right below this low being tagged.
542
00:35:21,350 --> 00:35:23,270
Uh, otherwise I wouldn't be
interested in chasing it.
543
00:35:23,900 --> 00:35:26,150
Um, there's going to be a lot of
times where you see moves like that.
544
00:35:27,880 --> 00:35:28,270
Okay.
545
00:35:28,270 --> 00:35:30,880
And while you can go back and say, well,
I could have bought this order block,
546
00:35:30,910 --> 00:35:32,170
or I could have done this or that.
547
00:35:32,290 --> 00:35:32,740
Okay.
548
00:35:33,100 --> 00:35:36,880
Um, that's just not how I'm
going to do it as a trader.
549
00:35:36,970 --> 00:35:40,330
You can do that on your own, if you
want to feel like you're chasing
550
00:35:40,330 --> 00:35:42,130
price, but I don't want to do that.
551
00:35:42,160 --> 00:35:45,640
I would rather let the market come
down in intraday and clear out a
552
00:35:45,640 --> 00:35:49,810
level of stops because as we were
consolidating, it's reasonable to
553
00:35:49,810 --> 00:35:52,450
expect anyone that would have been
lucky enough to get long down here.
554
00:35:53,140 --> 00:35:55,960
Once we create a swing low, they're
going to want to jam at it and protect
555
00:35:55,960 --> 00:35:58,480
all this open profit as it were.
556
00:35:58,570 --> 00:36:00,730
You can see that that was new
interest at all, for them.
557
00:36:00,760 --> 00:36:01,360
They want to do that.
558
00:36:01,360 --> 00:36:02,530
They drove it up right from there.
559
00:36:02,830 --> 00:36:06,700
So, um, let's go over to
the dollar index real quick.
560
00:36:08,710 --> 00:36:14,330
And we'll see, uh, we were talking
about this earlier in the morning on
561
00:36:14,330 --> 00:36:18,830
the first portion of the live session,
and it's really nice to see this type
562
00:36:18,830 --> 00:36:21,440
of stuff happening, especially when
you're anticipating it ahead of time.
563
00:36:22,760 --> 00:36:25,220
So it gives you a lot of
confidence as a trader, that
564
00:36:25,250 --> 00:36:26,030
the things that you're learning.
565
00:36:26,759 --> 00:36:29,460
There's responsiveness to
price action at these levels.
566
00:36:29,899 --> 00:36:33,879
Um, you know, a lot more strict sure.
567
00:36:33,970 --> 00:36:37,240
Behind your expectations and price,
when you have these things on your
568
00:36:37,240 --> 00:36:41,620
chart before the fact, and when
you're expecting them with a level of
569
00:36:41,620 --> 00:36:43,450
understanding why it should be what it is.
570
00:36:43,720 --> 00:36:47,049
Uh, we mentioned this, hi.
571
00:36:47,080 --> 00:36:50,290
I mean, potentially what
the London hi or daily.
572
00:36:50,290 --> 00:36:50,589
Hi.
573
00:36:51,430 --> 00:36:54,850
And we have a void here where
the market had aggressively.
574
00:36:56,049 --> 00:36:58,089
I'm getting someone saying
there's no, Sam, Leah.
575
00:36:58,089 --> 00:37:00,100
I think you might be the
only one that's having that.
576
00:37:01,120 --> 00:37:01,839
Did anyone else?
577
00:37:02,020 --> 00:37:02,710
Can you still hear me?
578
00:37:05,310 --> 00:37:05,580
Okay.
579
00:37:05,640 --> 00:37:05,850
Yeah.
580
00:37:05,879 --> 00:37:11,669
Leah assist you, but it'll be in the audio
recording in case it's a bandwidth issue.
581
00:37:12,930 --> 00:37:15,180
Then my life sessions are
actually being recorded.
582
00:37:15,180 --> 00:37:18,509
So you'll never have any of the
issues with sound if there's a
583
00:37:18,509 --> 00:37:19,710
problem during the live session.
584
00:37:22,319 --> 00:37:22,620
Okay.
585
00:37:22,620 --> 00:37:27,075
So now looking at the, uh, Uh, the void
that we talked about earlier this morning.
586
00:37:27,315 --> 00:37:27,615
Okay.
587
00:37:27,615 --> 00:37:35,875
If we have the expectation that
this level in here is the London
588
00:37:37,015 --> 00:37:41,185
Ty or, um, daily high in place.
589
00:37:41,695 --> 00:37:41,904
Okay.
590
00:37:41,904 --> 00:37:47,365
Cause our teachings suggest that during
London, there is a high probability,
591
00:37:47,815 --> 00:37:49,615
it creates the daily high or low.
592
00:37:50,275 --> 00:37:53,634
And when we have that shown with the
willingness to drop off aggressively
593
00:37:53,695 --> 00:37:57,415
like that at a level that we had
already inter uh, interpreted as a,
594
00:37:57,995 --> 00:38:02,455
a key level at 96, 20 11, that was
mentioned back-end, I'm not mistaken.
595
00:38:02,455 --> 00:38:04,134
It was on the 30th or the 31st of all.
596
00:38:04,465 --> 00:38:09,055
And in our, excuse me, in our live
sessions then, but, um, nonetheless
597
00:38:09,805 --> 00:38:15,625
price moved away, created a nice big
pours price action or open range.
598
00:38:15,985 --> 00:38:16,404
Okay.
599
00:38:16,795 --> 00:38:18,174
And we had a little bit of a gap in here.
600
00:38:19,630 --> 00:38:20,800
Now look what look real close.
601
00:38:20,800 --> 00:38:21,520
This is really interesting.
602
00:38:21,520 --> 00:38:24,640
I want you to notice these types of
things is when I'm talking out or bots
603
00:38:24,640 --> 00:38:30,640
or voids, um, we had the bears or block,
which is up candle is the last drive
604
00:38:30,730 --> 00:38:32,440
up before the start of the moon down.
605
00:38:33,160 --> 00:38:37,540
So when this candle is ref referenced,
we're going to be using that as the low
606
00:38:38,390 --> 00:38:40,000
up to the body of the candle as well.
607
00:38:40,600 --> 00:38:43,510
But look past it, look at all
this poorest price action here.
608
00:38:43,510 --> 00:38:45,760
We have the down candle here,
but it had a little bit of a WIC.
609
00:38:46,150 --> 00:38:48,250
We have downtown here, but
a little bit of a wick.
610
00:38:48,400 --> 00:38:52,990
Then we had this gap from this candle
is close to this candle is closed.
611
00:38:53,050 --> 00:38:56,350
I'm sorry, this candle is opening round
it at this price point right there.
612
00:38:56,560 --> 00:39:01,330
So we have that little bit of a
pocket of empty space, but notice
613
00:39:01,330 --> 00:39:06,250
how the body in this buy it really,
it closes in all that anyway,
614
00:39:06,250 --> 00:39:07,330
because it's already trained a lot.
615
00:39:07,720 --> 00:39:11,680
We have a little bit of a wickier
Wix had the thinnest volume.
616
00:39:12,070 --> 00:39:15,790
We have a wick here, but then we have this
gap between the two bodies to see that.
617
00:39:17,555 --> 00:39:18,995
This price action right here.
618
00:39:18,995 --> 00:39:22,924
When we, when I sent the tweet, we had
already talked about this in the, uh,
619
00:39:22,955 --> 00:39:26,075
previous two sessions, um, other day.
620
00:39:26,095 --> 00:39:29,945
So this is actually the third session
to have to compress into one viewing,
621
00:39:30,695 --> 00:39:31,745
uh, later on for our recording.
622
00:39:31,745 --> 00:39:36,395
But nonetheless, the, uh, the market moved
right up into this little area right there
623
00:39:36,545 --> 00:39:42,095
and close that in, but specifically right
to the bottom of this candles, a WIC.
624
00:39:42,485 --> 00:39:42,755
Okay.
625
00:39:42,755 --> 00:39:43,325
Now watch
626
00:39:49,835 --> 00:39:51,904
the low and I candles 96, 15.
627
00:39:55,115 --> 00:39:56,855
The high is 96, 15.
628
00:39:56,855 --> 00:39:58,825
What level have we been
talking at all week?
629
00:39:59,185 --> 00:40:03,685
$4 96, 15 with a high of 96, 20.
630
00:40:04,404 --> 00:40:05,185
So wow.
631
00:40:05,424 --> 00:40:07,105
Only one above it by a little bit.
632
00:40:07,105 --> 00:40:09,475
And here, uh, the high fence, two pips.
633
00:40:10,575 --> 00:40:14,505
Two pips above the level that we were
identifying as a key level at the
634
00:40:14,505 --> 00:40:18,495
banking, uh, uh, uh, perspective.
635
00:40:19,125 --> 00:40:25,935
So again, we're seeing a lot more, uh,
confirmation that, which you're learning.
636
00:40:27,585 --> 00:40:33,105
It's not contrived, it's got a lot of
study behind it it's necessary, but that's
637
00:40:33,105 --> 00:40:36,555
what we're doing here, but we're going in
and looking for examples of where we can
638
00:40:36,555 --> 00:40:39,855
see price, action, setups, uh, conditions.
639
00:40:40,305 --> 00:40:44,865
And this morning, I'm going
to be honest with you because
640
00:40:44,865 --> 00:40:46,245
of the issues with the PayPal.
641
00:40:46,725 --> 00:40:53,115
Um, it just looks really bad for, for
me as number one, as a mentor and a
642
00:40:53,145 --> 00:40:57,884
new merchant to have the processor
say, we're not going to back you, and
643
00:40:57,884 --> 00:40:59,085
we're not going to process your orders.
644
00:40:59,654 --> 00:41:04,755
Um, it just brings a lot of uncertainty
and I would be concerned as a buyer too.
645
00:41:05,295 --> 00:41:08,160
So, uh, I had that all last night.
646
00:41:08,220 --> 00:41:08,880
I was thinking about that.
647
00:41:08,880 --> 00:41:12,300
And to be honest with you, I really
didn't sleep much because not because
648
00:41:12,300 --> 00:41:14,880
of the nervousness about starting,
because I don't care about that.
649
00:41:15,330 --> 00:41:19,980
But because of the PayPal issue, it was
somewhat of an embarrassment on my part.
650
00:41:20,370 --> 00:41:24,090
I don't know how to answer for it outside
of just being honest and telling you
651
00:41:24,090 --> 00:41:29,310
what they told me and I can understand
it, but that was the number one reason
652
00:41:29,310 --> 00:41:32,970
why I'm looking at the Euro in here.
653
00:41:34,860 --> 00:41:40,230
Um, this propulsion candle in here,
right in here, uh, we talked about
654
00:41:40,230 --> 00:41:45,000
this likely providing support,
and I know the answer to it.
655
00:41:45,060 --> 00:41:49,890
I saw this swing low here, and I
thought to myself, as I was speaking
656
00:41:49,890 --> 00:41:53,370
to you, I said, it's probably going to
come down here and clear those stops
657
00:41:54,060 --> 00:41:55,500
and then hit disorder black again.
658
00:41:55,950 --> 00:41:57,600
But I got to give myself enough room.
659
00:41:57,600 --> 00:42:00,720
So I went way below the London low that's.
660
00:42:00,720 --> 00:42:02,040
The reason why I stopped
was where it's at.
661
00:42:02,370 --> 00:42:03,660
And I couldn't focus.
662
00:42:03,660 --> 00:42:05,370
I really could not focus about it.
663
00:42:06,270 --> 00:42:09,660
Um, we'll do I want to be in
the middle of this range here?
664
00:42:10,259 --> 00:42:13,440
Or do I want to wait for
the water block to hit here?
665
00:42:14,220 --> 00:42:16,230
So you saw the trade that I took.
666
00:42:16,740 --> 00:42:21,390
Um, um, you didn't see the entry
obviously, but the, uh, the order
667
00:42:21,390 --> 00:42:25,140
was right at the body of this candle
and a collapse at the beginning
668
00:42:25,140 --> 00:42:26,430
of this portion of the video.
669
00:42:26,880 --> 00:42:31,950
But the, um, the idea was, uh,
real-world in a way, and you're
670
00:42:31,950 --> 00:42:33,029
going to have those same things.
671
00:42:33,029 --> 00:42:34,590
And I try to explain this to folks.
672
00:42:34,590 --> 00:42:38,670
They think he does have the totals
or the trade ideas or the levels,
673
00:42:38,670 --> 00:42:41,310
or they announced that given
advance and it comes to fruition.
674
00:42:41,880 --> 00:42:45,990
Um, I'm blessed in that regard,
but I still have the same problems
675
00:42:45,990 --> 00:42:48,810
you, as a human being, it's
gonna be just like anyone else.
676
00:42:49,110 --> 00:42:52,380
You're gonna have these issues
where real-world gets in your
677
00:42:52,380 --> 00:42:56,610
head and you you're going to
have to trade through that.
678
00:42:57,060 --> 00:42:59,160
And sometimes it's, it's
going to affect your entries.
679
00:42:59,190 --> 00:43:00,870
It's going to affect your analysis.
680
00:43:00,870 --> 00:43:01,950
It's going to affect everything.
681
00:43:02,340 --> 00:43:04,980
And it's all compounded
today with me because.
682
00:43:06,075 --> 00:43:08,745
Well, you know, my
credibility is on the line.
683
00:43:09,225 --> 00:43:11,325
As you know, as a mentor,
that's how I'm doing.
684
00:43:11,325 --> 00:43:15,045
I mean, some of you don't have to agree
with the level of weight I'm placing
685
00:43:15,045 --> 00:43:19,425
on it, but to me personally, no, one's
going to judge me harder than, than I do.
686
00:43:19,515 --> 00:43:25,305
So I would take a great deal
of responsibility on by doing
687
00:43:25,305 --> 00:43:26,865
something like this with you all.
688
00:43:27,315 --> 00:43:32,325
And I've offended a lot of people
by asking for money and for all
689
00:43:32,325 --> 00:43:35,175
of you to step out and do what
you're doing, I really want to
690
00:43:35,175 --> 00:43:37,065
be transparent as I possibly can.
691
00:43:37,545 --> 00:43:40,635
So I have all those things weighing on me.
692
00:43:41,295 --> 00:43:46,545
So that was a, that was a reason why
I was sitting on the fence little, uh,
693
00:43:48,315 --> 00:43:53,085
on characteristic for me, because I
don't like to trade when I have things
694
00:43:53,085 --> 00:43:54,765
like my, this described to you now.
695
00:43:55,095 --> 00:43:58,335
Um, if we weren't in a capacity of.
696
00:43:59,115 --> 00:44:01,515
You're paying for a service
and I got to teach it to you.
697
00:44:02,085 --> 00:44:05,565
I would have probably not done anything
today and I would've missed this whole
698
00:44:05,565 --> 00:44:09,585
move, if it would have been just like,
uh, you know, an issue like, well,
699
00:44:09,595 --> 00:44:12,285
I'm dealing with, with PayPal, well,
personal problem with a personal issue.
700
00:44:12,705 --> 00:44:16,275
So you have to get, uh, you have
to get through that sometimes.
701
00:44:16,515 --> 00:44:20,145
And, you know, I was ready to take
it on the chin today and to say, Hey,
702
00:44:20,145 --> 00:44:23,865
look, you know, it is what it is, you
know, I can't be right all the time, but
703
00:44:23,865 --> 00:44:27,735
I'm glad that, uh, you know, the Lord
blessed me with an opportunity to show
704
00:44:27,735 --> 00:44:28,995
you something that came to fruition.
705
00:44:29,654 --> 00:44:34,035
Um, I just wish I could have gotten
on the go-to webinar to get this entry
706
00:44:34,035 --> 00:44:35,565
on at the time, but it is what it is.
707
00:44:37,005 --> 00:44:38,475
So, um,
708
00:44:42,065 --> 00:44:47,255
yeah, the, uh, the level we talked
about for sensitivity going into
709
00:44:47,255 --> 00:44:55,805
this week for CA uh, for, or five
rather, um, just so I'm not pulling
710
00:44:55,835 --> 00:44:57,535
numbers out of the air, the.
711
00:44:58,895 --> 00:45:03,425
We talked about the likelihood of
1 11 30 being a level to watch for
712
00:45:03,425 --> 00:45:07,595
a bullish older block to form and
watch for a bounce to trade off of.
713
00:45:08,435 --> 00:45:12,545
Am I, am I speaking to an audience
that has that recollection of me
714
00:45:12,545 --> 00:45:15,335
saying that I know I have it in live
stream, but I just don't recall off
715
00:45:15,335 --> 00:45:16,445
the top of my head where it was.
716
00:45:17,975 --> 00:45:20,825
Do you remember talking
about the 1 11 34 fiber?
717
00:45:24,015 --> 00:45:24,275
Okay.
718
00:45:24,365 --> 00:45:28,365
If any of you have your notes and you
want to tweak that information where
719
00:45:28,365 --> 00:45:31,275
it's found in the, uh, the live sessions,
that's already been prerecorded and
720
00:45:31,275 --> 00:45:35,385
passed out, I'd like to be able to,
uh, see you guys help me do that.
721
00:45:35,565 --> 00:45:39,945
Um, because the last couple of days I
have not been able to be as organized,
722
00:45:40,275 --> 00:45:42,285
but these presentations will be.
723
00:45:42,345 --> 00:45:45,435
So when I compress them and this is
going to answer some of the questions
724
00:45:45,435 --> 00:45:48,735
I got on Twitter, and some of them
are asking right now, um, why is
725
00:45:48,735 --> 00:45:50,955
there such a delay in the recordings?
726
00:45:51,525 --> 00:45:58,095
The recordings has to compile and also
because of the level of, um, Note-taking
727
00:45:58,455 --> 00:46:02,565
that I would expect for you to have taken
from the presentation and the takeaways.
728
00:46:02,565 --> 00:46:08,315
If you will, about what specific
insights you should have or learn
729
00:46:08,315 --> 00:46:12,545
from, from each session, I'm gonna be
adding all that into the recording.
730
00:46:12,995 --> 00:46:14,285
So that way it'll all be there.
731
00:46:14,375 --> 00:46:19,685
And in any specific screen captures
with heavy notes that are real
732
00:46:19,685 --> 00:46:23,615
pertinent to your understanding,
they will be also in a PDF format.
733
00:46:23,884 --> 00:46:24,125
Okay.
734
00:46:24,125 --> 00:46:27,365
So the PDF file and the recording,
I've already told everyone that
735
00:46:27,365 --> 00:46:29,585
to expect as late as 10:00 PM.
736
00:46:30,095 --> 00:46:32,194
Um, but it's important that
you follow along and Twitter.
737
00:46:32,194 --> 00:46:37,295
So even if you don't get, um, into
the live session, I'll give you ideas
738
00:46:37,565 --> 00:46:40,855
to follow along throughout there on
the marketplace in Twitter, Twitter
739
00:46:40,865 --> 00:46:44,185
is your way to keep in contact
with what I'm watching, what levels
740
00:46:44,185 --> 00:46:48,904
should be sensitive, what not to be,
um, what I would be anticipating.
741
00:46:49,415 --> 00:46:53,015
And Dan, you're all excited and
you're all trying to compress what
742
00:46:53,045 --> 00:46:54,245
I'm going to give in 12 months.
743
00:46:55,605 --> 00:46:57,674
Session and that's great.
744
00:46:57,674 --> 00:46:59,985
I'm glad you're excited,
but be reasonable.
745
00:47:00,015 --> 00:47:00,225
Okay.
746
00:47:00,225 --> 00:47:01,214
Cause that's not going to happen.
747
00:47:01,335 --> 00:47:02,535
Isn't that going to happen at all?
748
00:47:02,535 --> 00:47:04,335
So just slow your roll.
749
00:47:04,634 --> 00:47:04,995
Okay.
750
00:47:04,995 --> 00:47:06,615
You're in here for a little bit of time.
751
00:47:06,705 --> 00:47:07,154
Okay.
752
00:47:07,185 --> 00:47:08,985
Expect to have to work for it.
753
00:47:09,075 --> 00:47:13,125
Learned, you know, through time
being exposed to it every single day.
754
00:47:13,575 --> 00:47:14,025
Trust me.
755
00:47:14,025 --> 00:47:14,805
You're going to learn.
756
00:47:15,134 --> 00:47:15,315
Okay.
757
00:47:15,315 --> 00:47:18,285
You're going to learn way more
than just by watching my tutorials.
758
00:47:18,315 --> 00:47:18,674
Okay.
759
00:47:19,785 --> 00:47:22,785
Uh, there's no reason to feel like you're
behind, so don't, don't worry about it.
760
00:47:22,995 --> 00:47:23,355
Okay.
761
00:47:25,395 --> 00:47:28,665
We're here every single day, Monday,
Tuesday, Wednesday, Thursday, Friday
762
00:47:28,665 --> 00:47:30,315
from now on for the next 12 months.
763
00:47:30,495 --> 00:47:30,705
Okay.
764
00:47:30,705 --> 00:47:34,755
So you're going to see plenty of
opportunities, plenty of conditions
765
00:47:34,755 --> 00:47:38,174
to practice and plenty, plenty of
things where it doesn't work out.
766
00:47:38,475 --> 00:47:42,585
And we have to, uh, show mitigation
processes where we get through all that.
767
00:47:45,725 --> 00:47:46,055
Okay.
768
00:47:46,055 --> 00:47:48,245
So, all right.
769
00:47:48,335 --> 00:47:52,980
Um, So we talked about 1 11 30 for
five, or I didn't get to set up that
770
00:47:52,980 --> 00:47:55,440
I wanted for cable, but we adapted.
771
00:47:55,799 --> 00:47:58,440
And we went back to the reference
point that we mentioned earlier in
772
00:47:58,440 --> 00:48:00,150
the week, that 1, 11 30 for fiber.
773
00:48:00,390 --> 00:48:03,180
Now, why did I want to go into fiber?
774
00:48:04,020 --> 00:48:07,356
Why, what do you think the reasons
were outside of the fact that the 1
775
00:48:07,356 --> 00:48:09,690
11 30 level should have been sensitive
and we'll go back to the higher
776
00:48:09,690 --> 00:48:11,339
timeframe and show you why that was.
777
00:48:11,470 --> 00:48:12,930
That was that didn't catch it.
778
00:48:13,319 --> 00:48:15,569
What is it that led me to believe?
779
00:48:16,259 --> 00:48:18,450
And I give you the stage for right now.
780
00:48:18,750 --> 00:48:22,319
What, what made me believe
that five would have upside?
781
00:48:29,089 --> 00:48:29,630
Very good.
782
00:48:29,660 --> 00:48:30,230
Very good.
783
00:48:31,009 --> 00:48:34,310
You're all collectively given the
responses that I was hoping, number
784
00:48:34,310 --> 00:48:39,290
one, uh, we were expecting bears NES
on the order block in the dollar.
785
00:48:39,500 --> 00:48:40,910
So let's go back over to
the dollar real quick.
786
00:48:41,390 --> 00:48:41,630
Okay.
787
00:48:41,630 --> 00:48:44,839
So we are expecting, the bears
are a block here on dollar at
788
00:48:44,839 --> 00:48:46,310
a level that we had already.
789
00:48:47,115 --> 00:48:51,795
Pulled out of the, uh, the analysis
at 97 50, I'm sorry, 96, 15.
790
00:48:52,275 --> 00:48:53,115
We've been talking about that.
791
00:48:53,115 --> 00:48:57,884
The last couple of sessions on
dollar, we were specifically aiming
792
00:48:58,005 --> 00:49:02,895
at 96, 15 with a willingness to see
it move to 96, 20 institutional.
793
00:49:03,765 --> 00:49:06,944
So the banks are going to have
layered interests between the 15
794
00:49:06,944 --> 00:49:09,915
level, which was the water block
relative to the daily timeframe.
795
00:49:10,815 --> 00:49:14,115
And then as much as five pips
higher, simply because of
796
00:49:14,115 --> 00:49:15,404
the institutional round 20.
797
00:49:16,485 --> 00:49:16,694
Okay.
798
00:49:16,694 --> 00:49:19,485
So we had that little bit of a
range in here to contend with,
799
00:49:19,665 --> 00:49:21,855
but once you know the range, okay.
800
00:49:21,884 --> 00:49:23,895
Now think back to sniper a series.
801
00:49:24,944 --> 00:49:29,235
Once you identify a range that you're
going to be looking at, you need
802
00:49:29,235 --> 00:49:32,835
to focus specifically, what is it
in the range that you need to worry
803
00:49:32,835 --> 00:49:37,305
with while we treat around the five
levels and zero levels and 20 is high.
804
00:49:38,399 --> 00:49:42,479
Active level in the banks, because
what happen is the maintenance
805
00:49:42,509 --> 00:49:43,979
it'll sweep above the big figure.
806
00:49:44,189 --> 00:49:45,959
Like the 96.00 level.
807
00:49:46,350 --> 00:49:47,819
That's what essentially it's doing here.
808
00:49:47,819 --> 00:49:50,580
It ran above it just a little bit
just to reach for the 20 level.
809
00:49:51,120 --> 00:49:54,000
And then it gave up the ghost a little
bit and then came back one more time to do
810
00:49:54,000 --> 00:50:01,049
what to recapitalize that 96, 15 level the
algo knows that the daily chart that bears
811
00:50:01,049 --> 00:50:02,790
water block on the daily miss poor, fresh
812
00:50:06,629 --> 00:50:07,379
us dollar.
813
00:50:12,899 --> 00:50:18,180
No, none of the tweets are gonna delete
on, um, the premium Twitter feed, unless
814
00:50:18,180 --> 00:50:24,120
I make a, a very embarrassing typo or
if I make a, uh, inaccurate, uh, price
815
00:50:24,299 --> 00:50:28,620
reference point, um, I'm done trying to
be very diligent about pay attention.
816
00:50:29,189 --> 00:50:31,500
You know, what I take, but none of
the, none of the tweets will ever
817
00:50:31,500 --> 00:50:33,390
delete from that, unless it's a simple.
818
00:50:37,420 --> 00:50:39,730
I've had that question a lot and I'm
glad I saw it again here, actually
819
00:50:39,730 --> 00:50:43,720
for getting that with all the things
that were going on in one second.
820
00:50:52,590 --> 00:50:56,400
Um, we, uh, I, I thought
about doing passwords on PDs,
821
00:50:56,400 --> 00:50:57,060
but I'll be honest with you.
822
00:50:57,060 --> 00:50:59,580
I learned how to break the
password on the internet.
823
00:50:59,580 --> 00:51:00,630
So it's not necessary.
824
00:51:00,930 --> 00:51:04,020
As long as the information isn't
being shared in the links or whatever,
825
00:51:04,770 --> 00:51:06,000
that's enough security for me.
826
00:51:06,000 --> 00:51:07,560
I'm not, it's an honor system here.
827
00:51:07,890 --> 00:51:10,800
I already know some of you are going
to do what I'm asking you not to do.
828
00:51:10,800 --> 00:51:14,730
I can't, I can't stop you right away,
but if I catch you, I'm going to ban you.
829
00:51:14,970 --> 00:51:17,610
And if you put it on your, your
website or your, you know, you're
830
00:51:17,730 --> 00:51:23,420
hosting stuff, I'm going to come after
that to just be, just be respectful.
831
00:51:23,420 --> 00:51:24,470
That's all I'm asking you to do.
832
00:51:25,580 --> 00:51:25,970
Believe me.
833
00:51:25,970 --> 00:51:29,300
If you learn how to do this, you
won't need to sell it or, or want to
834
00:51:29,300 --> 00:51:30,610
share it and you want to keep it here.
835
00:51:32,254 --> 00:51:39,785
Like I did for so long, but, uh,
right, again, this is the level, okay.
836
00:51:41,134 --> 00:51:45,455
96, 15, it's this candle right
here that closes in this range.
837
00:51:46,055 --> 00:51:47,464
And we talked about that
in the pre-assessment.
838
00:51:47,475 --> 00:51:52,024
I don't want to burn it out and use
up all the time with that, but we
839
00:51:52,024 --> 00:51:56,435
know that the likelihood of that level
being as sensitive as it is okay.
840
00:51:56,734 --> 00:51:59,555
If we get a failure at that level, okay.
841
00:52:01,205 --> 00:52:02,944
These stops here are going
to be put on the back burner.
842
00:52:02,975 --> 00:52:05,855
That's what we were anticipating
last night, a run up into that.
843
00:52:05,855 --> 00:52:07,834
And it's still even
where it's at right now.
844
00:52:07,865 --> 00:52:11,404
It's still could end up reversing
what it's already done today.
845
00:52:11,825 --> 00:52:12,694
And non-farm payroll.
846
00:52:12,725 --> 00:52:17,285
That's the reason why I hate non-farm
payroll and FP is not for professionals.
847
00:52:18,185 --> 00:52:22,174
It can do everything completely
opposite to what you would expect
848
00:52:22,174 --> 00:52:24,245
reasonably in technical analysis.
849
00:52:24,605 --> 00:52:28,564
Even in my stuff, you know, I can go
back in and find all kinds of beautiful
850
00:52:28,564 --> 00:52:30,515
opportunities where even my stuff works.
851
00:52:31,665 --> 00:52:32,865
I have been doing it for so long.
852
00:52:32,895 --> 00:52:39,075
I know that I just don't want to take
that unnecessary risk just to satisfy ego.
853
00:52:39,075 --> 00:52:40,004
I don't want to do that.
854
00:52:40,395 --> 00:52:44,774
And I try to discourage you all to do the
same thing because giving up one trading
855
00:52:44,774 --> 00:52:47,115
day of the month, isn't going to kill you.
856
00:52:47,805 --> 00:52:50,205
You just simply have to do your homework.
857
00:52:50,685 --> 00:52:51,705
And that's what we're doing here.
858
00:52:51,705 --> 00:52:53,055
I'm doing homework with you.
859
00:52:53,355 --> 00:52:54,134
I'm like a tutor.
860
00:52:54,435 --> 00:52:54,795
Okay.
861
00:52:54,795 --> 00:53:00,015
Every single day, I'm going to take your
attention and focus in on one or two.
862
00:53:00,015 --> 00:53:03,225
Really probable not high,
probably all the time.
863
00:53:03,225 --> 00:53:05,595
Sometimes I'm going to give you a
medium probability and sometimes
864
00:53:05,595 --> 00:53:06,705
going to give you a low probability.
865
00:53:06,915 --> 00:53:07,274
Okay.
866
00:53:07,305 --> 00:53:09,495
But I'm going to outline, I'm not
going to do, like I did on day trips
867
00:53:09,495 --> 00:53:10,875
to say, okay, learn your lesson.
868
00:53:11,145 --> 00:53:11,595
Okay.
869
00:53:11,835 --> 00:53:15,435
I'm going to tell you, this is a condition
that doesn't have high probability.
870
00:53:15,435 --> 00:53:16,035
If it does this.
871
00:53:16,845 --> 00:53:20,835
But I'll still sometimes go through the
promotions of applying it because you'll
872
00:53:20,835 --> 00:53:24,884
be able to learn something from me,
either not having it come to fruition
873
00:53:24,884 --> 00:53:26,234
and they have to mitigate from that.
874
00:53:26,475 --> 00:53:30,285
Or if it's high probability, you
you'll be able to see the effects
875
00:53:30,285 --> 00:53:33,495
of being in a classified high
probability set up and its reactions.
876
00:53:34,065 --> 00:53:37,685
And over time, seeing it over the
course of 12 months, you'll have so
877
00:53:37,685 --> 00:53:39,694
many sample sizes to choose from.
878
00:53:40,174 --> 00:53:41,705
Your memory will be loaded with it.
879
00:53:41,734 --> 00:53:43,115
You'll know, okay, I've seen this before.
880
00:53:43,625 --> 00:53:47,495
I remember this is this, uh, this is
when the market does this or that I
881
00:53:47,495 --> 00:53:51,154
should expect this because repetition,
which is what you're lacking because
882
00:53:51,185 --> 00:53:54,575
many of you haven't really sat down
and had a structured approach of going
883
00:53:54,575 --> 00:53:55,865
into the charts, using the tutorials.
884
00:53:56,105 --> 00:53:57,305
There's just so much it's information.
885
00:53:57,995 --> 00:54:02,435
What we've done this week, where,
where we have done a level at the
886
00:54:02,435 --> 00:54:04,884
dollar, which was 96, 15 up to 96, 20.
887
00:54:05,345 --> 00:54:07,805
So we have a level to keep our eye on.
888
00:54:08,495 --> 00:54:11,825
Even if we expect back, like I was
expecting to run on this liquidity here,
889
00:54:11,825 --> 00:54:13,475
what's still may occur and not for me.
890
00:54:15,045 --> 00:54:17,835
Uh, we still have to be aware of 96, 15.
891
00:54:17,835 --> 00:54:21,585
So once you have that level, is this
a, is this a one minute chart guy?
892
00:54:21,645 --> 00:54:24,495
Is this, is this like a 15 minute chart
we're looking at here on the dollar.
893
00:54:25,305 --> 00:54:26,385
It's a daily chart.
894
00:54:26,835 --> 00:54:31,875
So remember what I said, I've preached
this hard and long about how the
895
00:54:31,875 --> 00:54:35,295
daily chart and the four hour chart is
exactly where the banks are going to
896
00:54:35,295 --> 00:54:37,665
be doing their purchasing and selling.
897
00:54:38,205 --> 00:54:43,485
They're, they're moving big blocks
of money on these timeframes because
898
00:54:43,485 --> 00:54:48,195
they need these timeframes to work in
all of the volume that's available,
899
00:54:48,375 --> 00:54:53,055
either through transactions or, uh,
exchange, uh, between, uh, countries,
900
00:54:53,085 --> 00:54:54,765
just normal, everyday business.
901
00:54:54,825 --> 00:55:00,810
But then you also have that
same, um, Condition that the
902
00:55:00,870 --> 00:55:02,520
speculative side has to do.
903
00:55:02,550 --> 00:55:05,130
So when the market makers are
working on a book or making a
904
00:55:05,130 --> 00:55:10,050
book on a specific currency, they
have to use these same rules.
905
00:55:10,380 --> 00:55:10,650
Okay.
906
00:55:10,650 --> 00:55:15,900
These same ideas and nothing changes as
they will sometimes muscle the market
907
00:55:15,900 --> 00:55:19,800
around and manipulate and knock out
those individuals that have open interest
908
00:55:19,800 --> 00:55:22,380
in either a stop or a pending order.
909
00:55:24,870 --> 00:55:25,350
Exactly.
910
00:55:25,350 --> 00:55:26,430
Live on a daily in the flora.
911
00:55:26,450 --> 00:55:28,200
That's exactly what you're
supposed to be doing.
912
00:55:28,560 --> 00:55:30,780
You're not going to get a million setups.
913
00:55:31,230 --> 00:55:34,530
I mean, think about what we've talked
about in regards to the dollar.
914
00:55:34,800 --> 00:55:35,160
Okay.
915
00:55:35,190 --> 00:55:40,140
We've had several days where it
just monkeyed around with it and
916
00:55:40,170 --> 00:55:45,900
ultimately it gave us a set up
the conditions of our pattern.
917
00:55:45,900 --> 00:55:50,370
Setups are always going to form around
the levels that we arrive at on the
918
00:55:50,370 --> 00:55:54,660
daily and for our right to send your
notebook right now in big, bold letters,
919
00:55:55,380 --> 00:55:58,120
there's going to be no significant price.
920
00:55:58,980 --> 00:56:01,170
That will ever take you by surprise.
921
00:56:01,620 --> 00:56:02,850
If you have not.
922
00:56:02,910 --> 00:56:06,690
If you've done the work on a daily and
a four hour, every significant price
923
00:56:06,690 --> 00:56:09,570
move will materialize off of a level.
924
00:56:09,570 --> 00:56:14,160
That's arrived at on the daily chart
or four hours, and yet 100% guarantee.
925
00:56:14,460 --> 00:56:18,990
That's an absolute, and that's one of the
things there is in price action trading.
926
00:56:19,200 --> 00:56:22,980
The only absolution areas is
every significant price move.
927
00:56:23,190 --> 00:56:26,340
That means a dynamic price move
or an explosive price move.
928
00:56:26,640 --> 00:56:28,650
They will always occur off of the level.
929
00:56:28,650 --> 00:56:33,630
That's derived from finding it on a
daily or four hour that's millionaire
930
00:56:33,720 --> 00:56:35,520
status, making information there.
931
00:56:36,300 --> 00:56:40,260
And so many of you and I did this
too, when I was new, we want to look
932
00:56:40,260 --> 00:56:43,680
for these explosive things on a five
and 10 minute or a one hour chart.
933
00:56:43,920 --> 00:56:49,590
And you can't, you cannot translate
volume to do as well or timeframes.
934
00:56:49,620 --> 00:56:50,400
You can't do it.
935
00:56:51,240 --> 00:56:55,710
You can exercise entry relative
to the volume that will be found.
936
00:56:56,460 --> 00:56:58,860
At levels relative to
the daily and four hour.
937
00:56:59,520 --> 00:57:04,650
So you have to submit yourself to saying,
okay, I immediate ultra short term scalper
938
00:57:04,650 --> 00:57:09,000
or intraday day trader, but you have to
do your trades based on daily and forearm.
939
00:57:09,030 --> 00:57:09,930
You have to do that.
940
00:57:10,260 --> 00:57:13,320
If you don't do that, you're
going to be trading with far less
941
00:57:13,350 --> 00:57:14,970
probabilities behind your setups.
942
00:57:15,480 --> 00:57:18,690
And you're going to trading way too
frequently, which is what I don't do.
943
00:57:18,690 --> 00:57:22,290
I don't trade frequently, but because
of this medium and me teaching, you're
944
00:57:22,290 --> 00:57:25,620
going to be seeing me doing a lot more
activity than I normally do as a trader
945
00:57:25,620 --> 00:57:27,030
outside of the scope of just teaching.
946
00:57:27,780 --> 00:57:30,330
But you're going to see a lot
of setups, tons of setups.
947
00:57:30,630 --> 00:57:33,660
And by default, you'll learn
how to find setups on your own.
948
00:57:34,140 --> 00:57:38,070
That's the goal here before we
even get to the midway point of 12
949
00:57:38,070 --> 00:57:40,830
months, you're all going to find
trade setups, and you're gonna be
950
00:57:41,130 --> 00:57:42,420
sharing them on Twitter fantasies.
951
00:57:42,450 --> 00:57:43,320
This is what I found this.
952
00:57:43,320 --> 00:57:44,520
I did this believe me.
953
00:57:44,580 --> 00:57:46,700
It's going to be like a shotgun
approach where you're just going to
954
00:57:46,700 --> 00:57:49,050
be pruned and is laying them out.
955
00:57:50,040 --> 00:57:51,000
That's not my goal for you.
956
00:57:51,765 --> 00:57:53,415
But human nature is what it is.
957
00:57:53,415 --> 00:57:56,265
You're going to be so excited because
you're going to able to find them easily.
958
00:57:56,725 --> 00:57:58,515
They're going to, it's just
going to jump off the chart yet.
959
00:57:59,055 --> 00:58:04,065
So with we've had levels like this
on the dollar 96, 15 and 96, 20.
960
00:58:04,425 --> 00:58:06,255
They're not, it's not Vic.
961
00:58:06,675 --> 00:58:08,535
Those levels are static levels.
962
00:58:08,595 --> 00:58:09,645
It's not as zone.
963
00:58:09,735 --> 00:58:10,155
Okay.
964
00:58:10,335 --> 00:58:13,245
They are levels that we
know we're keying off of.
965
00:58:13,845 --> 00:58:14,085
Okay.
966
00:58:14,115 --> 00:58:15,195
We're not teaching supply and demand.
967
00:58:15,195 --> 00:58:19,635
We're giving exact banking levels
where the actual orders will
968
00:58:19,635 --> 00:58:21,225
occur, where the set up will occur.
969
00:58:21,495 --> 00:58:23,025
You just have to simply wait for them.
970
00:58:23,625 --> 00:58:24,015
Okay.
971
00:58:24,375 --> 00:58:26,445
You'll have conditions
that you may anticipate.
972
00:58:26,445 --> 00:58:28,905
Like I was anticipating a
specific condition last line
973
00:58:28,905 --> 00:58:32,655
in London, the trade on in New
York, it didn't come to fruition.
974
00:58:33,075 --> 00:58:38,745
Now I slept through basically what,
45 minutes of the London session.
975
00:58:39,015 --> 00:58:40,815
I wasn't really aware
of what was going on.
976
00:58:40,815 --> 00:58:42,015
And I forced myself not to worry.
977
00:58:42,855 --> 00:58:45,915
I didn't want to look at it cause I wanted
to come in and have a fresh perspective
978
00:58:45,945 --> 00:58:47,685
just like you would have in the morning.
979
00:58:48,195 --> 00:58:50,085
So when I sat in front of the
charts with you guys, you were
980
00:58:50,085 --> 00:58:55,515
all seeing my understanding as
it came, you know, real time.
981
00:58:56,115 --> 00:58:57,525
So am I looked at the Euro?
982
00:58:57,525 --> 00:58:58,665
I was like, okay, here it is.
983
00:58:59,355 --> 00:59:02,535
It was trading off of the level
that we had talked about earlier
984
00:59:02,535 --> 00:59:04,725
in the week, that 1 11 30 level.
985
00:59:05,445 --> 00:59:06,975
And how many times did
they hit this thing?
986
00:59:08,445 --> 00:59:11,775
Once we traded through, but look at
the bodies of it, all these bodies of
987
00:59:11,775 --> 00:59:13,335
the cam that respect in that 1, 11 30.
988
00:59:13,575 --> 00:59:15,465
And I look at the body here,
right here on the opening.
989
00:59:16,335 --> 00:59:19,425
The opening one, that
candle comes in at 1 11 30.
990
00:59:22,055 --> 00:59:24,365
Um, again, hang on to your question.
991
00:59:24,375 --> 00:59:26,945
Some of you got really good
questions, but I'm seeing them pop
992
00:59:26,945 --> 00:59:28,355
up and they're very distracting.
993
00:59:28,505 --> 00:59:30,575
Like I said, let me get through
the presentation part of this.
994
00:59:30,785 --> 00:59:33,305
And then I'll go over to the, uh,
the question portion and I'll go
995
00:59:33,305 --> 00:59:36,395
through every single question, but
don't put comments because I'm not
996
00:59:36,395 --> 00:59:37,445
interested in the comments here.
997
00:59:40,375 --> 00:59:40,945
But real quick.
998
00:59:40,975 --> 00:59:41,365
Yes.
999
00:59:41,395 --> 00:59:47,665
Uh, I see your question, Chris, the,
um, the, the level one, uh, 1 11
1000
00:59:47,665 --> 00:59:52,705
30, we talked about that level, um,
presenting a bullet shorter block,
1001
00:59:53,185 --> 00:59:57,925
and if we get a set up, then we could
take a bite to trade a bounce on it.
1002
00:59:59,125 --> 01:00:00,565
We got that low formed here.
1003
01:00:00,595 --> 01:00:04,945
Now I wasn't even expecting, I
wasn't even expecting Euro dollar,
1004
01:00:04,945 --> 01:00:09,065
anything today, you all know going
in that I was primarily focused on
1005
01:00:09,065 --> 01:00:14,185
the pound dollar relative to what we
were expecting in the dollar index.
1006
01:00:14,485 --> 01:00:17,965
So my focus was primarily just
on that, but in the real world.
1007
01:00:18,265 --> 01:00:18,595
Okay.
1008
01:00:18,595 --> 01:00:21,445
You're going to get things like
what we saw last night in the pound.
1009
01:00:21,745 --> 01:00:25,585
It's not going to perform like you
thought it was going to, so either
1010
01:00:25,585 --> 01:00:29,695
you have to move to the sidelines or
do what if pound's going to rally.
1011
01:00:30,415 --> 01:00:30,865
Okay.
1012
01:00:31,195 --> 01:00:33,145
If we see something in
the dollar that indicates.
1013
01:00:34,590 --> 01:00:38,880
Which we saw this morning in New York,
not AF it was after the fact of London.
1014
01:00:38,880 --> 01:00:42,630
So we had to change gears and re
adapt to what the conditions in the
1015
01:00:42,630 --> 01:00:45,870
marketplace were telling us, not
forcing the wheel where I'm going to
1016
01:00:45,870 --> 01:00:49,110
do what I want to do, because I said,
I, you know, I have to do it this way.
1017
01:00:49,110 --> 01:00:54,420
And only this way, no, you have to bend
to what the market's telling you because
1018
01:00:54,420 --> 01:00:55,560
you're never going to win that argument.
1019
01:00:56,280 --> 01:00:59,730
So what I did was I went just real time
and you watched it in the sessions earlier
1020
01:00:59,730 --> 01:01:04,260
this morning, I went and took a look
at Euro dollar, and I saw that we had
1021
01:01:04,260 --> 01:01:06,330
found support rate at that 1 11 30, 11.
1022
01:01:06,330 --> 01:01:09,500
You have to hear me surprised
and reactions in there real time.
1023
01:01:09,550 --> 01:01:11,130
I'm like, oh wow, it's right there.
1024
01:01:11,790 --> 01:01:17,280
And I knew that because the
cable had already exploded up.
1025
01:01:19,890 --> 01:01:22,020
It launched all through here last night.
1026
01:01:22,950 --> 01:01:23,870
I can't trade that.
1027
01:01:23,920 --> 01:01:25,530
Neither can you it's already moved.
1028
01:01:25,800 --> 01:01:29,450
So if we understand that there's a
likelihood for dollar to go down.
1029
01:01:30,285 --> 01:01:33,735
On a level 96, 15, if that happens.
1030
01:01:33,975 --> 01:01:34,455
Okay.
1031
01:01:34,545 --> 01:01:39,015
And we called it 2 96, 18 potentially
also in the earlier session.
1032
01:01:39,025 --> 01:01:42,525
So you'll hear that in the recording as
well, um, relative to the dollar index.
1033
01:01:42,525 --> 01:01:46,185
So we are expecting up to 96, 15,
we're potentially moving to 96, 18.
1034
01:01:46,185 --> 01:01:49,634
I mean, we would look at that just for a
second and see where it actually went to,
1035
01:01:53,445 --> 01:01:55,875
uh, that high, yeah, 96, 15.
1036
01:01:55,875 --> 01:01:59,475
So I really didn't get that little
piece above the 9, 15 96, 15, but
1037
01:01:59,475 --> 01:02:00,915
we did get 9, 6 15 on the list.
1038
01:02:01,485 --> 01:02:07,335
But because I was looking at, uh, the,
the cable haven't already exploded up
1039
01:02:07,605 --> 01:02:12,315
and we looked at Euro paneled European.
1040
01:02:12,315 --> 01:02:15,405
I told you it was trading right inside
of its bullish order block rate in here.
1041
01:02:15,735 --> 01:02:16,065
Okay.
1042
01:02:16,155 --> 01:02:19,845
So when it traded into there, my
thought process was this okay.
1043
01:02:19,845 --> 01:02:22,785
If we're embarrassed, Okay.
1044
01:02:22,845 --> 01:02:26,975
And cable's already rallied up
and European is in its bullish or
1045
01:02:26,985 --> 01:02:28,305
block relative to the daily chart.
1046
01:02:29,115 --> 01:02:36,755
I have probability stacking in my favor
that Euro will have in a run up to
1047
01:02:36,755 --> 01:02:41,615
get back in sync with the run that's
already occurred in cable, all this move
1048
01:02:41,615 --> 01:02:44,045
here, the whole time that's occurring.
1049
01:02:44,585 --> 01:02:46,205
Look what's happening in, in your dollar.
1050
01:02:46,205 --> 01:02:47,585
It's co it's consolidating.
1051
01:02:48,575 --> 01:02:50,915
And what did I teach in
regards to the European?
1052
01:02:51,425 --> 01:02:55,985
If the Euro pounds dropping, that
means the Euro is consolidating
1053
01:02:56,315 --> 01:02:59,855
or dropping or, wow, I'm sorry.
1054
01:02:59,915 --> 01:03:02,945
You're a dollar is being in
consolidation while you're a pound
1055
01:03:02,945 --> 01:03:07,625
is rallying up or you're a dollar is
declining while pound is and consulted.
1056
01:03:08,675 --> 01:03:13,535
Well, we saw obviously that cable had
rallied and euros and consolidation.
1057
01:03:13,955 --> 01:03:17,585
Then European Pam went to bullish
or block on the daily chart.
1058
01:03:18,065 --> 01:03:19,145
So now you have to switch gears.
1059
01:03:19,145 --> 01:03:19,595
Is that okay now?
1060
01:03:20,520 --> 01:03:21,990
Cable is already moved.
1061
01:03:22,320 --> 01:03:25,640
That's what allowed this move to
drop down into the door block, right?
1062
01:03:25,640 --> 01:03:26,400
Operating here the down.
1063
01:03:26,400 --> 01:03:30,529
Can the rate for this big move, because
now move as the last time we saw price
1064
01:03:30,529 --> 01:03:33,170
there before it rallied up, when it gets
down to that level, again, there's going
1065
01:03:33,170 --> 01:03:34,670
to be sensitivity to that same level.
1066
01:03:35,270 --> 01:03:41,060
So we can expect to be in a bubble tire
of Euro, no longer a buyer of cable
1067
01:03:41,060 --> 01:03:46,550
was a great deal of expectancy and in
terms of, uh, the magnitude of the move.
1068
01:03:46,790 --> 01:03:47,000
Okay.
1069
01:03:47,000 --> 01:03:51,529
It can still move up in sympathy a
little bit, but explosive side is going
1070
01:03:51,529 --> 01:03:55,070
to be on what currency it's going to
be on the Euro dollar because a year
1071
01:03:55,070 --> 01:03:58,910
is now going to be finding the support
relative to this order block here.
1072
01:03:59,450 --> 01:04:00,890
In other words, your account is not right.
1073
01:04:00,950 --> 01:04:05,720
Kind of have the, uh, the ease, if
you will, to move lower because it's,
1074
01:04:05,890 --> 01:04:08,750
it's now trading at a level where
there's going to be a potential bounce.
1075
01:04:09,350 --> 01:04:15,650
Now, combining these two things, combining
the fact that we've already seen the
1076
01:04:15,650 --> 01:04:16,970
branch pound explode to the upside.
1077
01:04:18,940 --> 01:04:23,410
Cables and consolidation, but it moved
into a bullish or a block on European.
1078
01:04:23,800 --> 01:04:27,430
This currency now has the freedom
to do what expanded the upside.
1079
01:04:27,430 --> 01:04:31,680
Now it had to be held in
consolidation into it reached
1080
01:04:32,010 --> 01:04:34,380
its orbit or block in Euro pound.
1081
01:04:35,130 --> 01:04:39,300
Now count is manipulated between the
Euro dollar and the British pound dollar.
1082
01:04:39,720 --> 01:04:44,190
So if we understand the relationship
between the two and couple it with
1083
01:04:47,130 --> 01:04:51,860
the level we had identified 96, 15
on dollar Dan, we have a loaded deal
1084
01:04:52,400 --> 01:04:54,080
it's of high probability set up.
1085
01:04:54,170 --> 01:04:58,970
Then now I mentioned earlier,
I was looking for this
1086
01:04:58,970 --> 01:05:00,380
candle here to be supported.
1087
01:05:01,490 --> 01:05:04,220
And I had to go back down into this
bullish or a block here at the down candle
1088
01:05:04,220 --> 01:05:06,050
rate before it came off that 1, 11 30.
1089
01:05:06,620 --> 01:05:09,500
And we came all the way back
down deep, really deep in there.
1090
01:05:09,560 --> 01:05:09,980
Okay.
1091
01:05:10,040 --> 01:05:14,180
And this that's why I had to set the
stop, had to be below out the London.
1092
01:05:15,150 --> 01:05:18,870
For them, they want to come all the way
back down here and hit this low here.
1093
01:05:19,170 --> 01:05:20,790
I know, to be honest with
you, it hadn't done that.
1094
01:05:21,600 --> 01:05:23,670
Had it done a run below this wealthier.
1095
01:05:23,670 --> 01:05:24,510
I still would've bought it.
1096
01:05:25,560 --> 01:05:26,280
I would've bought it again.
1097
01:05:26,280 --> 01:05:28,920
After it got back above the 1,
11 30, I would've bought it live.
1098
01:05:28,930 --> 01:05:30,390
I'm going to pull up a webinar.
1099
01:05:30,660 --> 01:05:34,920
Now I bought it again because the
conditions were, as I described it here
1100
01:05:35,310 --> 01:05:39,870
pound in a bullish daily water block
dollar, uh, at a level where we should
1101
01:05:39,870 --> 01:05:44,310
expect to see weakness and Euro should
try to close in the range and kind
1102
01:05:44,310 --> 01:05:47,370
of catch up with the move up in cable
that's already been seen in London.
1103
01:05:48,150 --> 01:05:49,140
So does that make sense?
1104
01:05:49,410 --> 01:05:52,080
And if some of you knew it might've
went over your head a little bit, but
1105
01:05:52,950 --> 01:05:57,030
when it's described, as it makes sense,
you know why I went with the Eurodollar
1106
01:05:57,060 --> 01:06:00,150
when the cable didn't give me an
opportunity cause I already missed it.
1107
01:06:07,610 --> 01:06:08,420
Okay, good.
1108
01:06:10,070 --> 01:06:12,560
Now looking at, um, the Europe.
1109
01:06:14,835 --> 01:06:16,755
Look at the market
profile that we have here.
1110
01:06:17,835 --> 01:06:17,985
Okay.
1111
01:06:17,985 --> 01:06:19,125
We have consolidation.
1112
01:06:20,385 --> 01:06:20,715
Okay.
1113
01:06:21,075 --> 01:06:26,055
Mark comes down fine to slow
in London, rallies away.
1114
01:06:26,505 --> 01:06:26,865
Okay.
1115
01:06:26,865 --> 01:06:30,675
And then finds some resistance
at the Asian range low.
1116
01:06:31,875 --> 01:06:32,235
Okay.
1117
01:06:32,685 --> 01:06:36,465
Comes back down, makes more, more run
into the order block and then waits
1118
01:06:36,465 --> 01:06:38,805
for the news waits for the news.
1119
01:06:39,135 --> 01:06:39,525
Okay.
1120
01:06:39,975 --> 01:06:45,405
Um, when we look at the calendar every
single day, when we do a live sessions
1121
01:06:45,405 --> 01:06:49,815
like this, I'm always going to take you
to the economical, economical, economic,
1122
01:06:50,025 --> 01:06:52,545
uh, calendar from four X, uh, factory.
1123
01:06:53,415 --> 01:06:58,215
You always want to know where are
these high impact or medium impact
1124
01:06:58,215 --> 01:07:01,485
releases are by having those times?
1125
01:07:01,695 --> 01:07:02,175
Okay.
1126
01:07:02,535 --> 01:07:06,255
You're going to know far in advance
when the algos are actually going to be
1127
01:07:06,255 --> 01:07:11,835
reaching for liquidity or expanding on
the range relative to those timelines.
1128
01:07:12,600 --> 01:07:18,270
So we're blending time relative to
the news releases and the kills zones.
1129
01:07:18,750 --> 01:07:19,979
You have to couple both of them.
1130
01:07:20,459 --> 01:07:23,129
So you can schedule your trading around.
1131
01:07:23,160 --> 01:07:28,290
I know that there's going to be
a set up relative to these red,
1132
01:07:29,580 --> 01:07:30,959
uh, kind of go back over to it.
1133
01:07:31,020 --> 01:07:34,129
Um, but if you go to Forex factory
and pull up the counter, they have,
1134
01:07:34,379 --> 01:07:38,339
uh, a way of showing the importance
of some of these news releases.
1135
01:07:38,339 --> 01:07:41,430
Some of them are red, some of them
are orange and some are yellow.
1136
01:07:42,359 --> 01:07:44,490
I don't care about the,
uh, the low impact ones.
1137
01:07:44,549 --> 01:07:45,870
I'm more concerned about the red ones.
1138
01:07:46,500 --> 01:07:50,580
Uh, if you focus this on the red ones,
they, uh, they just don't give you every
1139
01:07:50,580 --> 01:07:55,080
set up you'll ever want, um, the medium
impact or just as, just as important.
1140
01:07:55,109 --> 01:07:58,200
But sometimes they don't at as
much magnitude behind the moves
1141
01:07:58,229 --> 01:07:59,740
or that much manipulation behind.
1142
01:08:00,615 --> 01:08:04,335
But if you look at the economic calendar
like that, you can literally go across
1143
01:08:04,335 --> 01:08:09,134
the entire scope of Monday through Friday
and say, okay, I know that there will
1144
01:08:09,134 --> 01:08:11,445
be a manipulation at that time period.
1145
01:08:11,475 --> 01:08:14,115
And I know if I go through and find
out where the look, what it is,
1146
01:08:14,654 --> 01:08:17,745
where's the hard timeframe trying
to, uh, take me to daily four hour.
1147
01:08:18,104 --> 01:08:18,495
Okay.
1148
01:08:18,944 --> 01:08:23,325
All I have to do is wait for that
time of day and this going and
1149
01:08:23,325 --> 01:08:25,935
look for an opportunity relative
to the tools that you know.
1150
01:08:29,345 --> 01:08:34,335
Uh, so I appreciate that Simon, you
saying, uh, my effects book has an
1151
01:08:34,335 --> 01:08:41,055
excellent calendar from, from OBLs the,
uh, I don't trade the dollar index and
1152
01:08:41,055 --> 01:08:42,644
the lie guys are asking the same question.
1153
01:08:42,675 --> 01:08:45,375
So I'm just going to answer here and
please don't ask any more questions.
1154
01:08:45,375 --> 01:08:47,564
Cause I'm really tempted to
go looking over here, but I
1155
01:08:47,564 --> 01:08:49,035
never trade the dollar index.
1156
01:08:49,694 --> 01:08:51,404
I never trade the dollar itself.
1157
01:08:52,095 --> 01:08:55,005
I always use it as a barometer,
like the Dow Jones for stock.
1158
01:08:56,085 --> 01:08:56,654
And timing.
1159
01:08:57,104 --> 01:08:58,665
I used the dollar as a barometer.
1160
01:08:58,694 --> 01:09:01,484
Should, should I be a buyer in foreign
currency or should I be a seller?
1161
01:09:02,024 --> 01:09:03,615
And that's the only thing
I do with the dollar.
1162
01:09:04,004 --> 01:09:07,875
I just look at it and give me key levels
and then I can justify whether I'm going
1163
01:09:07,875 --> 01:09:09,585
to be a buyer or seller relative to that.
1164
01:09:11,825 --> 01:09:12,245
Okay.
1165
01:09:12,304 --> 01:09:18,064
Um, so now we know we had areas
of liquidity that we would map
1166
01:09:18,094 --> 01:09:22,484
out and look for range expansion.
1167
01:09:22,634 --> 01:09:26,894
So we had a level of watch for
dollar for bearishness 96, 15.
1168
01:09:27,674 --> 01:09:32,774
We had a level all week for
fiber, your USD at 1 11 30
1169
01:09:32,865 --> 01:09:34,274
missed opportunity and cable.
1170
01:09:34,424 --> 01:09:38,804
I wasn't able to do anything with
cable, but, uh, the levels that we
1171
01:09:38,894 --> 01:09:42,285
talked about had advanced for a year,
a dollar, and this morning discovering
1172
01:09:42,285 --> 01:09:46,274
the fact that there was an opportunity
there, uh, gave us a buying condition.
1173
01:09:47,115 --> 01:09:51,554
Um, I had to fight through
psychological barriers because of
1174
01:09:51,554 --> 01:09:53,654
the, the effects of what paper.
1175
01:09:54,630 --> 01:10:00,600
Has had on this service and we had,
uh, mapped out two areas of liquidity,
1176
01:10:00,780 --> 01:10:03,840
actually three, I didn't really put the,
uh, the box that we've always talked
1177
01:10:03,840 --> 01:10:07,500
about that over here, coming up in, in
closing potentially this range, but I
1178
01:10:07,500 --> 01:10:14,070
wasn't interested in capturing all of
it but necessary, but we did mention
1179
01:10:14,070 --> 01:10:18,600
that the staff's above this level
here would be, uh, would be reached.
1180
01:10:18,600 --> 01:10:23,010
We still have some time, a little
bit and make a shoot up in you're
1181
01:10:23,020 --> 01:10:25,110
going into noon, New York time.
1182
01:10:25,590 --> 01:10:31,280
But, uh, the high on this candle
comes in at 1 11 95 and the highest
1183
01:10:31,280 --> 01:10:33,600
so far today comes in at 1 11 95.
1184
01:10:33,630 --> 01:10:34,680
That's way too clean.
1185
01:10:35,040 --> 01:10:38,640
They're still respecting this little, I
don't know what you want to call that.
1186
01:10:38,670 --> 01:10:40,200
I just candy land.
1187
01:10:40,220 --> 01:10:43,410
I mean, there's so much reason
to won't jump up in that little
1188
01:10:43,410 --> 01:10:44,640
area there and clean that up.
1189
01:10:45,060 --> 01:10:50,580
Um, to me, I'll be surprised if they
don't do it by noon, but we knew.
1190
01:10:51,464 --> 01:10:55,605
Relative to these clean levels like
this and clean level like this, the
1191
01:10:55,605 --> 01:11:01,214
market's already came down once, twice
reached through one 30, but look at
1192
01:11:01,214 --> 01:11:02,775
the visor, the candle, read through it.
1193
01:11:02,775 --> 01:11:05,594
One more time, came down
and hit it as a one and low.
1194
01:11:05,714 --> 01:11:06,045
Okay.
1195
01:11:06,045 --> 01:11:08,415
At the same time, dollar failed.
1196
01:11:09,945 --> 01:11:12,644
When we see this like this, okay.
1197
01:11:12,705 --> 01:11:16,065
We have a high probability support level.
1198
01:11:16,575 --> 01:11:19,184
And what makes high probability
support level on the fiber?
1199
01:11:19,184 --> 01:11:20,804
Like this go out to
1200
01:11:26,615 --> 01:11:27,214
daily.
1201
01:11:30,724 --> 01:11:31,144
Okay.
1202
01:11:31,445 --> 01:11:34,625
And it's this body or
open on this down candle.
1203
01:11:35,255 --> 01:11:37,054
That's the level you're
looking at right in here.
1204
01:11:37,684 --> 01:11:38,045
Okay.
1205
01:11:38,585 --> 01:11:43,144
Right there for the open
comes in at 1 11 31.
1206
01:11:43,295 --> 01:11:44,525
We don't trade it.
1207
01:11:44,585 --> 01:11:47,755
Weird numbers like that with this
round, that to the nearest whole.
1208
01:11:48,855 --> 01:11:51,675
Or zero level or the mid five level.
1209
01:11:51,974 --> 01:11:52,305
Okay.
1210
01:11:52,305 --> 01:11:56,385
So 1, 11 30 is the reason why we
said that level is interesting.
1211
01:11:56,595 --> 01:11:56,835
Okay.
1212
01:11:56,835 --> 01:11:57,405
For this week.
1213
01:11:57,974 --> 01:12:02,055
And you saw how much interest
it caused in trading today.
1214
01:12:03,285 --> 01:12:07,665
And admittedly, if we would
have got something in cable, I
1215
01:12:07,665 --> 01:12:08,595
would have missed all of this.
1216
01:12:08,595 --> 01:12:11,925
And I've had to use this as an example, in
hindsight saying, and here you go, here's
1217
01:12:11,925 --> 01:12:15,375
one more example, but we just happen
to be fortunate enough to capture, you
1218
01:12:15,375 --> 01:12:19,785
know, live them and go through all the
expectations now, because we saw, uh, that
1219
01:12:19,785 --> 01:12:23,955
you're a trading down at this port level
1, 11 30 relative to a daily order block
1220
01:12:23,955 --> 01:12:29,565
of dyes for, for note-taking purposes.
1221
01:12:29,865 --> 01:12:35,340
If you do not have daily and
four hour levels, Uh, analysis
1222
01:12:35,340 --> 01:12:36,510
for every single trading day.
1223
01:12:36,750 --> 01:12:39,360
If you don't have these levels
on your chart, you are trading
1224
01:12:39,360 --> 01:12:41,850
blind, you are absolutely gambling.
1225
01:12:41,910 --> 01:12:45,840
You're not going to see the results of
your trading that you're hoping to get.
1226
01:12:46,230 --> 01:12:50,460
If you do not have daily and
four-hour blocks voids or liquidity
1227
01:12:50,460 --> 01:12:53,760
pools on your chart, if you just
trade on those levels, I promise.
1228
01:12:53,790 --> 01:12:54,810
I guarantee you.
1229
01:12:55,200 --> 01:13:00,690
I guarantee you, you will have six
to eight setups a month that will
1230
01:13:00,690 --> 01:13:03,840
pay out easily over 50 to 75 pips.
1231
01:13:03,930 --> 01:13:07,680
Every single time you sit down the
charts, you'll have those conditions
1232
01:13:07,680 --> 01:13:08,760
waiting for you to trade on.
1233
01:13:09,480 --> 01:13:11,310
You've got to wait for
time and price to meet.
1234
01:13:11,940 --> 01:13:12,720
What do I mean by that?
1235
01:13:12,750 --> 01:13:14,640
Well, we have this a level 1, 11 30.
1236
01:13:15,720 --> 01:13:19,290
Once it hits that level, we
know what the likelihood is.
1237
01:13:19,350 --> 01:13:20,190
It's going to go higher.
1238
01:13:20,190 --> 01:13:21,570
Where's it going to go?
1239
01:13:21,990 --> 01:13:25,170
It's going to go to where the liquidity
is on the other side of the other range.
1240
01:13:25,620 --> 01:13:26,940
That means here's where the stops are.
1241
01:13:27,300 --> 01:13:30,360
So they're going to run their, it
hit that quickly above these levels.
1242
01:13:30,360 --> 01:13:31,200
Over here is clean.
1243
01:13:31,200 --> 01:13:32,170
It ran out.
1244
01:13:32,985 --> 01:13:37,455
Now we have this liquidy for resting
rate here, it's going to hit that.
1245
01:13:37,724 --> 01:13:40,125
We'll probably see a sweep
up into one 12 big figure.
1246
01:13:40,125 --> 01:13:42,014
Like we talked about earlier this
morning, but they're not going
1247
01:13:42,014 --> 01:13:43,035
to leave that level like that.
1248
01:13:43,245 --> 01:13:44,985
It's too clean way to clean.
1249
01:13:45,525 --> 01:13:47,355
Even if those things aren't
going up here to ultimately
1250
01:13:47,355 --> 01:13:49,965
fall through 1 11 30, who knows.
1251
01:13:50,264 --> 01:13:50,684
Okay.
1252
01:13:50,745 --> 01:13:54,554
Right now you're trading with the
probabilities based on what the
1253
01:13:54,554 --> 01:13:56,144
chart is showing you right now.
1254
01:13:56,865 --> 01:14:00,195
And you're all asking for, show me how
to get in and, and give me the, the
1255
01:14:00,605 --> 01:14:04,995
strong setups they're found by using
the daily and the four hour levels.
1256
01:14:05,025 --> 01:14:06,554
Just like we've talked about this week.
1257
01:14:06,554 --> 01:14:09,465
We got one more example of a
happening here, and we're very
1258
01:14:09,465 --> 01:14:12,375
fortunate and blessed to have one
of these things come to fruition,
1259
01:14:12,585 --> 01:14:14,175
you know, in, in a group setting.
107820
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