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Okay, welcome back folks.
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Um, we're going to quickly
discuss, uh, British pounds.
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And I was looking for the, the portion of
the video I did in our three hour session.
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The other day, during the session,
I, I keep the, the questions box
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up in case someone tells me that I
lost audio or something like that.
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And it's usually.
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Plethora of questions or
can we look at this pair?
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Can we look at Ian in everyone there's
LLV and so much so, uh, but I was getting
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questions a lot about the British pound.
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You can, can we look at panel dollar
and have you seen pound dollar?
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And I, I knew that, yes, I saw it
and it just kept coming in waves.
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Can we talk about British pounds and
for the life of me, I don't know why.
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But it just happened.
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I said fiber.
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And I said, you know, you
need to stay away from fiber.
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It's going to, you know,
it's not going to be good.
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It's there, you're in
some deep shit with that.
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And I S I was thinking in my
head British pounds, obviously.
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Cause that's the one we talked about with
nothing, nothing underneath the lows.
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We, we identified the lows on
British pounds with no near-term
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support, huge gaps underneath it.
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So the.
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The, um, discussion was linked
with the door shut bank, because
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it's going to affect the Euro.
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It's going to affect a Euro pounds.
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It's going to affect the British pounds.
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It's going to affect, uh, you know, well,
it's going to have effect on swissy too.
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So I had had discussed.
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The two liquidity pools
on the British pound.
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And underneath that know, I use the term
someone else shared in the chat room
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or not, it's not really a chat room.
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It's really a question box, um,
regards to, uh, you know, what you
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would describe it underneath there.
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And the term that you used was the abyss.
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It's been commonly tossed in
our, our tweets now, but the,
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the level at which it moved down.
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Good grief.
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Nobody could have expected that, you
know, there was some black Swan type, uh,
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you know, ideas that one could go along
with and create all kinds of scenarios,
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but nobody can sit here and say, Hey,
look, you know, it was going to do this.
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It's going to do that.
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But we talked about, there
was no real near term.
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So.
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And because of that, I've been
trying to keep people because
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you're, you're actually paying
for me to tell you this stuff now.
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And I know most of you,
aren't going to listen in.
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I tell you I'm not trying
to be a trade advisor.
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I'm not trying to tell you.
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Um,
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you guys can hear me.
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I got one person telling me that
there's audio is not going through.
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Appreciate it.
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Thank you.
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I lost my train of thought
new was the last thing I said
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before I asked the audio check.
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Oh yeah.
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Um, I didn't want to talk about
British pounds because some of you
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will be in there trading based on
something I say, and I didn't want
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to lead anybody into that pair
because there's no support on that.
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And I didn't think that it
would be prudent on my part
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or responsible my part date.
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And you can talk about it
and get people excited.
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Cause the last thing I would want is
for you to be in a trade and in the
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thing gaps down in two minutes, 700 pips
where those stop-loss protects you in
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there it's it would be just ridiculous.
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You would be really hurt bad.
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And I got emails from some people
that have been trading British pound.
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Some have been really good and obviously
in their favor, a few, not so good.
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And.
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00:04:01,140 --> 00:04:06,810
That's why I've avoided the British
pounds, but we will talk about
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00:04:06,810 --> 00:04:10,140
it, but I want to take a look
at the, uh, the non-farm payroll
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first, and then we'll come back and
review cable and the dollar CAD.
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But the, um,
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first thing you have to do is
look at the non-farm payroll
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two minutes before the numbers.
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Really?
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So let's take a look at,
let's go with a 15 minute.
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Dollar
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bill study calves.
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Got, um,
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what's a good pair to work.
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Look at today.
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No, I don't want to look at gold.
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Cool.
85
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Okay.
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As you can see, I wasn't really
prepared to do a live session today
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as we were discussing yesterday.
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00:05:58,075 --> 00:06:01,585
Uh, generally non-farm payroll is an
event we don't really do too much with.
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Okay.
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00:06:07,755 --> 00:06:12,765
We're seeing the effects of non-farm
payroll just a minute before they
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actually released the number.
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So, so mine was a little
ahead of the game.
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00:06:29,995 --> 00:06:30,295
Well,
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00:06:33,385 --> 00:06:34,914
now we have a little
bit of a void over here.
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It closed in that here.
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We'll see if it wants to come up and
hit the bottom of this bodies, candle
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or candles, body wise, say it backwards.
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96, 94 to watch to see if it hits that.
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00:06:58,680 --> 00:07:04,080
If we treat through this, we'll
clean out 97, 30 on the door.
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Let's take a real quick look over it all.
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He's done nothing dead movie.
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Okay.
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00:07:45,789 --> 00:07:48,880
I think pound has spooked
everybody in every pair.
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There's a, there is no.
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There's no way anyone's
looking at the market today and
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saying, well, this is low risk.
107
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It's definitely low risk.
108
00:08:08,455 --> 00:08:14,245
So dollar can look at that heart attack.
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00:08:18,895 --> 00:08:21,114
Now, before we pour it up, why
do you think it's reactive?
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Is there something up
there at those highs?
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00:08:38,890 --> 00:08:41,350
I mean, looking at the chart like
this, I mean, this is probably
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what you're used to seeing.
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If you're new, if you're looking at
this and you're thinking, okay, well
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what causes this type of effect here?
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Because I'm going to tell you, this is
how I, this is how I started seeing it.
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I would look at charts like this.
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Okay.
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00:08:58,895 --> 00:09:05,824
And because I had, at the time I had super
charts and Metta stock on my real-time
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00:09:05,854 --> 00:09:11,314
data, it would be delivered to me and I'd
watch price and I'd see these reactions.
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00:09:11,735 --> 00:09:14,135
And for the life of me, I couldn't
understand why they would occur.
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And as I learned more about price action.
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00:09:18,105 --> 00:09:22,305
And then I suddenly it could go into the
charts and seat and justify why it did it.
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And it had nothing to do
with any of the indicators.
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We talked about a specific
area on dollar CAD.
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Okay.
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00:09:32,235 --> 00:09:37,875
And I already have it in chart form
NRA tweeted actually this morning.
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So if you haven't checked your
Twitter, um, there was a specific
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level that we had in mind that we were
expecting price to be drawn up in.
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00:09:46,860 --> 00:09:51,150
And that's what you see it do
here, but above this specific
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level, we're going to pull up.
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00:09:53,010 --> 00:09:56,310
All right, we're getting ready
to flip over here and go up, take
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out 97, 30 stops on the dollar,
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00:10:02,540 --> 00:10:09,920
but the levels on the dollar
CAD, we identified old highs.
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Okay.
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00:10:11,390 --> 00:10:12,020
I think there was still.
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I think it was three other fellow
mistaken, my head swirled with all
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kinds of emails and questions and stuff.
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00:10:18,735 --> 00:10:22,365
So before I click on the tab, um, to
take us to the other 15 minute chart
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that has those specific old highs
that we looked for in September, I
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gave you specific things to focus
on what to focus on right now.
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00:10:33,045 --> 00:10:37,215
And we build on that model every single
month with new components and more
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understanding of the amplification.
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00:10:39,314 --> 00:10:43,365
But it's the beginning basis of how
everything is going to be utilized
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in this mentorship towards the end.
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They're all the building blocks that
you're going to plug and play with the,
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with the PDF out, all the things that
you do in a flow chart format formation.
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00:10:53,265 --> 00:10:58,245
That's where you're going to, you're going
to use these, uh, implement for trades.
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00:11:01,854 --> 00:11:06,655
So then I will, I'll discuss
this entry over here, but give
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me a second to go over to.
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Here.
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All right.
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So here's the three highs we
talked about in hindsight.
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I mean, before we did it rather,
the, uh, we have high here.
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We have high here and we have a high here.
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What rests above these equal highs
when, when the market creates these
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little perfect little trustworthy
resistance levels, what's the first
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thing that goes into your mind.
158
00:11:32,880 --> 00:11:35,490
Now what's the first
thing you're thinking.
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00:11:35,490 --> 00:11:35,760
What's up.
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00:11:41,340 --> 00:11:45,750
Okay, I'm gonna ask you again because
it's a couple of, you said it wrong.
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If you're short, if you're short on the
market and you want to place your stop
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above an old high, what type of stuff?
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00:12:03,585 --> 00:12:07,725
I'm waiting for one of the ladies
to respond because I got it.
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There you go.
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There.
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You good?
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All right.
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So what's resting above
old highs is by stops.
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So now think about what
that's telling you.
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Okay.
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If there's buy stops there, that
means that that's liquidity to
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do what sell to right there.
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00:12:26,084 --> 00:12:27,735
They're willing to do what
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they're willing to buy positions.
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That's going to be
offered to them or sold.
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So how are market makers engineering
and using that liquidity?
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If the market price is below that.
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We identified a liquidity pool
down here, it hit, it, ran out.
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00:12:56,840 --> 00:13:02,870
We talked about this live, it ran
up a hit 1 30, 2 44 level live and
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00:13:02,870 --> 00:13:04,520
it came down retrace a little bit.
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00:13:05,900 --> 00:13:10,250
And I'll get into the discussion about
this, but in proximity to that area
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of buy stocks, we're still down here.
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00:13:12,170 --> 00:13:14,750
So what's, these buys stops
going to do for price.
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00:13:16,709 --> 00:13:20,319
What's it going to act that we talked
about this yesterday, it's going to act.
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00:13:22,650 --> 00:13:24,870
It's like a magnet, it
draws price up there.
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00:13:24,870 --> 00:13:26,520
Why would they want to take price there?
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00:13:26,520 --> 00:13:31,020
Because there's willing participants to
do what, what is market price been doing?
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00:13:31,890 --> 00:13:33,270
What's it been doing since over here?
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Going up.
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00:13:35,720 --> 00:13:36,050
Right.
191
00:13:38,560 --> 00:13:40,810
So if they're long, okay.
192
00:13:40,990 --> 00:13:44,890
And they're only going to allow price
to move this long, going one direction.
193
00:13:45,250 --> 00:13:49,210
If it's in their interest, the
market's not looking to pay.
194
00:13:50,960 --> 00:13:53,240
It's to pay the bank.
195
00:13:54,440 --> 00:13:58,820
Don't believe all this nonsense like
on my Twitter feed last night, some
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00:13:58,820 --> 00:14:01,610
goober on here was talking about how
he thinks he understands the market and
197
00:14:01,610 --> 00:14:03,530
there's no there's new market makers.
198
00:14:05,120 --> 00:14:08,840
Listen, the buy stops above this high.
199
00:14:08,930 --> 00:14:09,170
Okay.
200
00:14:09,170 --> 00:14:13,490
Over these highs, that's where all
the willing participants are to
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00:14:13,490 --> 00:14:15,860
buy it from you at a higher price.
202
00:14:17,430 --> 00:14:19,439
Now we're not taught to buy high.
203
00:14:19,650 --> 00:14:24,089
We're taught to buy low and sell
high, but the market makers remember
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00:14:24,089 --> 00:14:25,890
it's that market efficiency paradigm.
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00:14:25,890 --> 00:14:31,079
You have to look at the marketplace
as a liquidity provider, but we're
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00:14:31,079 --> 00:14:34,500
all trained to look at it as a
retail trader buy low sell high.
207
00:14:34,569 --> 00:14:35,130
No, no, no, no.
208
00:14:36,030 --> 00:14:39,839
I want to know where the buyers
are above me because that's where
209
00:14:39,839 --> 00:14:41,219
I'm going to unload my loan.
210
00:14:43,300 --> 00:14:44,890
That's all the market makers doing.
211
00:14:45,040 --> 00:14:50,349
He's looking at what he can do to
engineer liquidity above old highs.
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00:14:50,530 --> 00:14:54,640
That way it's an easy, it's an
easy place to delineate where
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00:14:55,000 --> 00:14:56,170
liquidity is going to be resting.
214
00:14:56,740 --> 00:14:58,199
You don't need to see an order.
215
00:14:59,055 --> 00:14:59,385
Okay.
216
00:14:59,385 --> 00:15:01,845
Are all these things like go out into
has, you know, they're supposed to
217
00:15:01,845 --> 00:15:04,815
order book and they show you where
all the orders are stacking around
218
00:15:04,815 --> 00:15:07,005
specific price levels that might work.
219
00:15:07,005 --> 00:15:07,515
Sometimes.
220
00:15:07,515 --> 00:15:10,365
Sometimes it doesn't, sometimes it doesn't
give you any kind of insight whatsoever.
221
00:15:10,695 --> 00:15:14,265
But when you look at price,
price, can't hide it's right.
222
00:15:14,265 --> 00:15:18,855
Where you can see it in the easiest
way to see it is old highs or lows
223
00:15:18,975 --> 00:15:23,355
and clean highs where there's real
clean and tidy highs, where it
224
00:15:23,355 --> 00:15:24,555
just doesn't want to go above it.
225
00:15:24,915 --> 00:15:28,125
And it gives traders this
false sense of safety.
226
00:15:29,069 --> 00:15:33,180
That it's going to go and be resistance
or it's going to go and become support.
227
00:15:33,810 --> 00:15:39,750
So if we know up here relative to
these three highs back here, okay.
228
00:15:40,439 --> 00:15:43,560
More so the equal double up
here, but this is still nice.
229
00:15:44,729 --> 00:15:47,369
This is supporting the idea that it
give you one more reason to trust it.
230
00:15:48,689 --> 00:15:52,890
The market does what reaches
right up into that right above it.
231
00:15:53,790 --> 00:15:55,199
How many pips do we look for?
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00:15:56,055 --> 00:15:59,025
Uh, stock and stock stop sweep.
233
00:15:59,595 --> 00:16:00,825
What grades do we look for?
234
00:16:03,815 --> 00:16:04,955
10 and 20 pips.
235
00:16:05,855 --> 00:16:06,065
Okay.
236
00:16:06,065 --> 00:16:07,055
10 and 20 pips.
237
00:16:08,105 --> 00:16:11,255
The level we identify
relative to the, the high
238
00:16:14,945 --> 00:16:16,415
is 32 80.
239
00:16:17,165 --> 00:16:17,345
Okay.
240
00:16:17,345 --> 00:16:18,185
32 80.
241
00:16:21,195 --> 00:16:24,345
The opening who in this candle
is the highest of all the books.
242
00:16:26,625 --> 00:16:31,305
It's 32 94, 32 94.
243
00:16:32,775 --> 00:16:33,285
Ready to hear?
244
00:16:33,855 --> 00:16:37,574
So it's just a little bit, just a
little bit above 10 pips, but it's
245
00:16:37,574 --> 00:16:41,685
still a good bellwether measurement
in terms of looking for how far
246
00:16:41,685 --> 00:16:43,515
they'll reach above that level.
247
00:16:45,015 --> 00:16:46,095
Did they work that level?
248
00:16:46,785 --> 00:16:49,455
In other words, did they spend
time up there building the idea?
249
00:16:51,200 --> 00:16:55,760
It's probably going to be a bull
flag or it's going to find support.
250
00:16:58,040 --> 00:17:02,510
It, kept it up there, absorbed all the
liquidity and then repriced on what the
251
00:17:02,510 --> 00:17:05,540
numbers, the non-farm payroll numbers.
252
00:17:07,740 --> 00:17:11,390
So they drew price all the
way up, going into non-farm.
253
00:17:13,125 --> 00:17:16,685
Cap it there notice that once it, once
it got there, it didn't break higher.
254
00:17:16,694 --> 00:17:17,595
It didn't break lower.
255
00:17:17,744 --> 00:17:20,595
It just stayed in this general area.
256
00:17:20,625 --> 00:17:24,435
We only have one little retracement
closing and avoid one more punch
257
00:17:24,435 --> 00:17:25,875
up to it, but didn't breach it.
258
00:17:25,875 --> 00:17:32,595
Clean these little highs out here on
this one, WIC and then ran lower on the
259
00:17:32,595 --> 00:17:34,185
smokescreen that's non-farm payroll.
260
00:17:55,879 --> 00:17:57,890
Take a look at the Euro real quick.
261
00:17:57,890 --> 00:17:58,670
See what it's doing
262
00:18:03,540 --> 00:18:08,670
between this candles, opening,
just downwind in this swing.
263
00:18:11,210 --> 00:18:12,980
What's in that little area right there.
264
00:18:19,190 --> 00:18:20,150
Fair value gap.
265
00:18:20,180 --> 00:18:20,600
Very good.
266
00:18:20,600 --> 00:18:20,900
Nick,
267
00:18:26,170 --> 00:18:28,060
what makes this little area sensitive?
268
00:18:37,755 --> 00:18:39,645
It's only had one side of
the market traded through it.
269
00:18:40,065 --> 00:18:41,805
In other words, we had a down candle here.
270
00:18:42,405 --> 00:18:44,565
The next candle prints
it trades up through it.
271
00:18:45,015 --> 00:18:46,215
So only had one pass.
272
00:18:46,215 --> 00:18:49,695
So delivery of price, just
like paint on a paintbrush.
273
00:18:50,235 --> 00:18:53,085
The first stroke, it's nice even
delivery on the upside, but there's
274
00:18:53,085 --> 00:18:54,075
probably going to be some gaps.
275
00:18:54,075 --> 00:18:55,185
You've got to come back down and do it.
276
00:18:55,605 --> 00:18:56,415
It doesn't do it here.
277
00:18:56,415 --> 00:19:00,825
It comes back just a little bit runs, but
then we come all the way down and trade
278
00:19:00,825 --> 00:19:02,295
through that area again, right here.
279
00:19:02,595 --> 00:19:03,495
Then it's allowed to go.
280
00:19:12,675 --> 00:19:14,264
So I'm on non-farm payroll.
281
00:19:14,534 --> 00:19:18,585
Again, just say the folks that are
new or you just signed in today,
282
00:19:19,274 --> 00:19:24,014
we do not do any trading despite me
showing examples this year having done.
283
00:19:24,014 --> 00:19:26,895
So, um, they, they were demo.
284
00:19:26,925 --> 00:19:29,895
They weren't, they weren't to
try to entice you to do this on a
285
00:19:30,495 --> 00:19:31,965
monthly basis with non-farm payroll.
286
00:19:34,254 --> 00:19:34,675
Yes.
287
00:19:34,945 --> 00:19:38,935
Um, Richie identified this
also as a propulsion candle.
288
00:19:39,055 --> 00:19:42,325
Um, I like to see a level, a little
bit more of a body on it, but it is
289
00:19:42,325 --> 00:19:46,405
essentially because it's respected the
down candle here, came down, hit it again.
290
00:19:46,435 --> 00:19:47,635
So it's a higher order block.
291
00:19:48,145 --> 00:19:50,245
That's bullish and it came
down and hit it again.
292
00:19:50,245 --> 00:19:53,875
So you shouldn't see the,
uh, this candle give up.
293
00:19:54,475 --> 00:19:56,305
In other words, you shouldn't
see price go below that one.
294
00:20:01,084 --> 00:20:02,735
Check a look at Aussie.
295
00:20:05,715 --> 00:20:09,564
Yes, it's dead money.
296
00:20:12,564 --> 00:20:13,705
Euro pound
297
00:20:19,885 --> 00:20:25,695
looks like it might want to sweep 95.
298
00:20:28,435 --> 00:20:33,445
90 50, 90, 70, potentially on europium.
299
00:20:41,605 --> 00:20:43,764
I don't trust this as
a breakdown on dollar.
300
00:20:43,764 --> 00:20:48,565
I think that is closing in this
void right in here, small little
301
00:20:48,565 --> 00:20:52,764
section, which is the fair value gap
you came down and closed that in.
302
00:20:53,820 --> 00:20:57,330
I think for before we get to 10
30 in the morning, New York time,
303
00:20:58,110 --> 00:21:02,489
this could potentially go up here
and start trading above 97 30,
304
00:21:06,100 --> 00:21:07,750
which is classic non-farm payroll.
305
00:21:08,230 --> 00:21:09,940
Uh, non-farm payroll day.
306
00:21:10,180 --> 00:21:11,020
Generally.
307
00:21:11,170 --> 00:21:16,000
You'll see both directions of the
marketplace traded they'll set
308
00:21:16,000 --> 00:21:21,340
suddenly send it one direction in
his case, down in a note, change
309
00:21:21,340 --> 00:21:22,480
directions on you and go the other way.
310
00:21:24,380 --> 00:21:26,930
So think about it this way.
311
00:21:27,680 --> 00:21:33,950
People woke up this morning, they
saw the flash crash on pound dollar.
312
00:21:35,180 --> 00:21:38,090
Obviously that's sending
reverberations through the marketplace.
313
00:21:38,090 --> 00:21:38,870
What's going on?
314
00:21:39,780 --> 00:21:40,880
You would, you know what happened?
315
00:21:41,840 --> 00:21:45,350
Um, they see the dollars bullish.
316
00:21:45,980 --> 00:21:49,010
So naturally they're all going
to do one, wanting to do what
317
00:21:49,280 --> 00:21:50,200
they're gonna want to be buying.
318
00:21:51,015 --> 00:21:53,805
Well, non-farm payroll
comes out, slammed at lower.
319
00:21:54,315 --> 00:21:57,165
It's meant to do what to scare
you from wanting to buy dollars.
320
00:21:58,005 --> 00:21:58,305
Why?
321
00:21:58,305 --> 00:22:01,575
Because it's slamming
down who wants to buy net.
322
00:22:01,605 --> 00:22:02,895
They get, they get scared.
323
00:22:03,345 --> 00:22:04,155
They don't want to do that.
324
00:22:04,335 --> 00:22:11,115
So they're forming a sentiment or
they're upsetting market sentiment,
325
00:22:11,415 --> 00:22:14,175
even though that the dollar should
be viewed as bullish because of
326
00:22:14,175 --> 00:22:19,515
uncertainty in the pound, in the
Pam, there should be a rush to.
327
00:22:20,760 --> 00:22:25,830
Safety, and I'm not going to defend
the dollar in case you were going to
328
00:22:25,830 --> 00:22:30,480
talk about safety or flight to quality
because ultimately the dollar really is
329
00:22:30,480 --> 00:22:36,960
a facade, but that way it's engineered
is they want you to go to dollars, but
330
00:22:36,960 --> 00:22:39,270
they want you to go to dollars, okay.
331
00:22:40,710 --> 00:22:42,300
For them to buy it.
332
00:22:42,390 --> 00:22:45,810
So if you went long on dollars waking
up this morning, and then non-farm
333
00:22:45,810 --> 00:22:47,820
payroll comes out, they drive it.
334
00:22:49,035 --> 00:22:50,025
Recent market lows.
335
00:22:50,025 --> 00:22:50,925
Why would they want to do that?
336
00:22:51,285 --> 00:22:56,205
Because if you're along and you bought
dollars on the heels of looking at
337
00:22:56,205 --> 00:23:00,885
the flash crash in cable, you're going
to have your cell stops below those
338
00:23:01,335 --> 00:23:03,645
lows, protecting your long position.
339
00:23:07,335 --> 00:23:10,785
So if you have sell stocks below
the lows on dollar that you bought,
340
00:23:10,785 --> 00:23:17,764
because you're trying to go to a
quality, if they take the market below.
341
00:23:19,220 --> 00:23:24,440
And hit those sales starts, but low dollar
lows, those cells starts to become market
342
00:23:24,440 --> 00:23:31,240
orders to sell to market providing by
side liquidity for on the sorry, sell
343
00:23:31,240 --> 00:23:33,130
side liquidity for their smart money buys.
344
00:23:34,000 --> 00:23:42,490
So design is dollar higher as it should
be, but they got to put people in and
345
00:23:42,490 --> 00:23:44,080
allow them an opportunity to get it.
346
00:23:45,225 --> 00:23:49,905
And then put their stops in and then
run the market below those lows to drive
347
00:23:49,905 --> 00:23:54,015
in a huge pocket of selling liquidity.
348
00:23:54,525 --> 00:23:55,575
And now this buy it all up
349
00:23:59,225 --> 00:24:00,905
and then the market will
be allowed to move higher.
350
00:24:02,495 --> 00:24:05,945
That's generally what you see
going on in non-farm payroll,
351
00:24:06,095 --> 00:24:09,155
but because it can be a carnival
ride, it can go up and down a lot.
352
00:24:09,575 --> 00:24:11,505
And it's just, it's it's really.
353
00:24:12,855 --> 00:24:17,075
And while it's sometimes fun to watch,
and it is pretty much a monthly thing
354
00:24:17,085 --> 00:24:21,345
where I'll observe it and just test
myself and pretend, you know, okay.
355
00:24:21,345 --> 00:24:23,835
If I was gonna hurt this trader,
if I going to hurt that trailer
356
00:24:24,045 --> 00:24:28,475
trader, um, it's interesting.
357
00:24:28,595 --> 00:24:32,165
The view, it like that where
the market liquidity would be
358
00:24:32,165 --> 00:24:35,195
in, in, in why it would be used.
359
00:24:35,795 --> 00:24:38,915
It's a good exercise and it
builds storyline behind it.
360
00:24:39,965 --> 00:24:43,620
But as a trading day, With your
putting live money in there, you
361
00:24:43,620 --> 00:24:44,940
don't, you don't ever want to do that.
362
00:24:44,940 --> 00:24:45,970
Non-farm payroll.
363
00:24:45,990 --> 00:24:49,050
We, you know, it's NFP days,
but it's not for professionals.
364
00:24:49,980 --> 00:24:51,930
You do not want to be
trading on a day like this.
365
00:24:51,960 --> 00:24:54,360
I don't care how good you
thought it was going to move.
366
00:24:54,360 --> 00:24:57,330
And it does in the past, you have
probably got a handful of examples
367
00:24:57,330 --> 00:25:00,750
where you probably could talk about
how you called it before it happened.
368
00:25:01,200 --> 00:25:02,970
Try doing it with live
money and see what happens.
369
00:25:03,120 --> 00:25:06,750
Just believe me, it's, it's not as
easy as it sometimes feels like.
370
00:25:13,780 --> 00:25:15,730
What do I think about Euro pound?
371
00:25:16,510 --> 00:25:21,280
Um, I'll be quite honest with you,
you know, I'm not gonna, I ain't
372
00:25:21,280 --> 00:25:22,600
gonna make any bones about this.
373
00:25:22,600 --> 00:25:28,360
It's because of what cable did last
night, you know, we mentioned there
374
00:25:28,360 --> 00:25:31,150
was no support under us, but wow.
375
00:25:31,570 --> 00:25:34,780
I mean, they really sunk that thing down.
376
00:25:36,745 --> 00:25:40,045
And he did it right after true day closed.
377
00:25:40,715 --> 00:25:44,445
You're doing this, that look at the time.
378
00:25:45,435 --> 00:25:47,895
Look at the time, actually screw it.
379
00:25:47,925 --> 00:25:50,175
Let's just go over and start
looking at, uh, cable mail.
380
00:25:50,985 --> 00:25:53,115
Cause I got to close this video
and get my kids to school.
381
00:25:54,705 --> 00:25:54,915
All right.
382
00:25:54,915 --> 00:26:00,465
So all this move here, but Giardia, this
was all done in like a all three minutes.
383
00:26:00,825 --> 00:26:02,195
So we're going to go down into.
384
00:26:05,380 --> 00:26:06,100
Hourly chart.
385
00:26:08,110 --> 00:26:10,150
So it looks like you had a
whole hour to do all that.
386
00:26:10,210 --> 00:26:12,970
When in fact, when we go down
into a 15 minute timeframe,
387
00:26:16,890 --> 00:26:18,620
it looks like you had 15
minutes to do all that.
388
00:26:18,650 --> 00:26:20,420
Well, we're going to get
it on a five minute chart.
389
00:26:25,060 --> 00:26:26,650
Well, it looks like we had
five minutes to do that.
390
00:26:26,650 --> 00:26:28,450
Now let's go down until one minute chart.
391
00:26:30,450 --> 00:26:33,420
It's about the only time you're gonna
see a one minute chart in my teachings.
392
00:26:50,350 --> 00:26:50,800
All right.
393
00:26:51,970 --> 00:26:57,790
This is what took place
in one minute price.
394
00:26:59,115 --> 00:27:00,524
And immediately was here.
395
00:27:01,425 --> 00:27:05,774
There was no trading, it was here,
the candle opened and it was there.
396
00:27:06,615 --> 00:27:08,625
And the next candle, it was down there.
397
00:27:10,365 --> 00:27:17,925
And then here, here, here, here, these
gaps right here, this, from this candle,
398
00:27:17,925 --> 00:27:21,615
this candle here, that's the poorest
price action that liquidity boy creates.
399
00:27:22,095 --> 00:27:23,105
See this big gap, right?
400
00:27:26,365 --> 00:27:29,155
See that big gap from where this
candle closed and where this next
401
00:27:29,155 --> 00:27:30,715
little piece of a candle opened up.
402
00:27:31,195 --> 00:27:38,305
That poorest price action is what
is caused by these big moves.
403
00:27:38,395 --> 00:27:40,135
It's called it's repricing.
404
00:27:40,225 --> 00:27:40,675
Okay.
405
00:27:41,335 --> 00:27:42,685
Where it's here.
406
00:27:42,805 --> 00:27:44,155
They repriced the here.
407
00:27:44,395 --> 00:27:45,775
Then they repriced to here.
408
00:27:46,225 --> 00:27:47,185
Then they repriced to here.
409
00:27:47,955 --> 00:27:51,195
And it trades down in here,
but this is all central bank.
410
00:27:51,225 --> 00:27:53,445
This is not lack of liquidity.
411
00:27:53,595 --> 00:27:54,045
Okay.
412
00:27:54,375 --> 00:27:56,865
They repriced the here,
running out everybody.
413
00:27:56,865 --> 00:28:00,165
Then they reprice down the here,
running out everybody, they repriced
414
00:28:00,165 --> 00:28:01,575
down the here, running out anybody.
415
00:28:02,595 --> 00:28:06,105
So anybody who was trying to buy a low,
why they would do that, I don't know.
416
00:28:06,135 --> 00:28:08,625
I'm not going to defend that, but there's
something that they're trying to buy.
417
00:28:08,625 --> 00:28:13,305
That is a lot of folks out there
that we're looking at potentially
418
00:28:13,305 --> 00:28:15,705
trying to capture the low and.
419
00:28:16,754 --> 00:28:19,545
Some of them are aggressive in
the inference of money to be made.
420
00:28:20,055 --> 00:28:20,595
They took it.
421
00:28:22,004 --> 00:28:23,535
This liquidity void in here.
422
00:28:23,955 --> 00:28:25,245
All I did was I waited.
423
00:28:25,785 --> 00:28:28,605
I waited for it to come up, create a void.
424
00:28:28,605 --> 00:28:29,745
Once it closed in here.
425
00:28:30,195 --> 00:28:31,545
That's why I went short.
426
00:28:32,685 --> 00:28:35,655
I went short based on the fact that
we closed in the jar to this void.
427
00:28:35,985 --> 00:28:39,605
I did not expect this entire portion
to be re uh, refilled in because why,
428
00:28:39,605 --> 00:28:40,815
why would they let them off the hook?
429
00:28:41,895 --> 00:28:44,055
If they repriced down the
here on their first report?
430
00:28:45,625 --> 00:28:48,505
Why would you want to, why would
they want to let them off the hook?
431
00:28:49,795 --> 00:28:50,755
Why would they want to do that?
432
00:28:51,485 --> 00:28:53,185
They're just going to put
the screws to them again.
433
00:28:53,725 --> 00:28:58,135
So being short here, after the
void closed, then let's go out
434
00:28:58,135 --> 00:28:59,725
to a 15 minute timeframe again.
435
00:29:04,285 --> 00:29:07,705
You're seeing it in here and
then it ran one more time up
436
00:29:08,965 --> 00:29:09,835
drifted, a little bit lower.
437
00:29:09,835 --> 00:29:12,025
And then I sat through all this business.
438
00:29:13,305 --> 00:29:18,315
At the time that I saw this happen,
actually I had met my effects book,
439
00:29:18,615 --> 00:29:22,395
uh, thing popping off in the background
on that little Chi-Ming thing.
440
00:29:22,785 --> 00:29:24,615
You'll probably hear it again
in person, another Nielsen.
441
00:29:24,615 --> 00:29:27,155
That's what that's, what's going on in
the background with my computer with,
442
00:29:28,335 --> 00:29:34,185
well, I heard this thing and I was wanting
to find out how I could turn it off.
443
00:29:34,275 --> 00:29:42,225
But when I did, I saw on there,
somebody commented, um, what the F UWT.
444
00:29:43,500 --> 00:29:46,380
Like what the F just
happened in pound dollar.
445
00:29:46,830 --> 00:29:50,490
And I'm like, I already had a
feeling what was going to be on
446
00:29:50,490 --> 00:29:51,420
the chart when I clicked on it.
447
00:29:51,900 --> 00:29:53,940
And when I clicked on it, I was like, wow.
448
00:29:54,780 --> 00:29:58,150
And I went to our Twitter feed and
obviously everybody was like, you
449
00:29:58,150 --> 00:29:59,700
know, he got crushed what's going on.
450
00:30:00,210 --> 00:30:02,040
So I went right to the chart.
451
00:30:02,040 --> 00:30:02,550
So I'm looking at it.
452
00:30:02,550 --> 00:30:02,790
Okay.
453
00:30:02,790 --> 00:30:05,640
Well here we got the void in here.
454
00:30:05,640 --> 00:30:07,020
Like I just showed you
on a one minute chart.
455
00:30:07,995 --> 00:30:10,005
We were going, gonna
close in some of that.
456
00:30:10,275 --> 00:30:13,635
And then what I'm going to do is
this is the first retest or reach
457
00:30:13,905 --> 00:30:18,885
retrace, even if it never goes all
the way down to the low, I don't care.
458
00:30:19,215 --> 00:30:21,885
I know that there's going to be
one more drive that go lower.
459
00:30:22,995 --> 00:30:25,575
It can ultimately go lower and
another thousand more pips.
460
00:30:25,815 --> 00:30:26,175
Okay.
461
00:30:26,505 --> 00:30:31,395
Ultimately, I think we're going to
see one 14 print on four XLT, the
462
00:30:32,205 --> 00:30:34,365
demo candle one, I teach through it.
463
00:30:34,365 --> 00:30:35,835
Didn't print that low to low on here.
464
00:30:41,015 --> 00:30:44,165
My love for this feed is 1 20 32.
465
00:30:44,885 --> 00:30:45,335
So I'm not sure.
466
00:30:45,365 --> 00:30:50,975
I'm not sure if, uh, you have that
low, but, um, I think there's going
467
00:30:50,975 --> 00:30:56,075
to be a wide disparity, huge disparity
when everybody else is low is okay.
468
00:30:56,865 --> 00:31:00,285
What you're seeing is I think
that, I think the central banks are
469
00:31:00,285 --> 00:31:04,425
pissed off because I'm talking about
EBITDA when I'm not supposed to be.
470
00:31:05,115 --> 00:31:08,325
And they're sending me pop
shots warnings across the bow.
471
00:31:09,825 --> 00:31:11,535
Now there's their
support underneath cable.
472
00:31:11,535 --> 00:31:12,075
That's all it was.
473
00:31:12,075 --> 00:31:15,585
I got people asking me, are
they trying to scare you?
474
00:31:15,645 --> 00:31:16,095
No.
475
00:31:16,485 --> 00:31:16,815
No.
476
00:31:16,905 --> 00:31:19,605
I mean, if they are, I'm not,
I didn't listen to it like
477
00:31:19,605 --> 00:31:20,385
that to send me an email.
478
00:31:21,065 --> 00:31:23,375
You know, just let me know that
you're upset with me and then
479
00:31:23,375 --> 00:31:24,155
we'll do something different.
480
00:31:24,665 --> 00:31:29,195
But in the meantime, in the meantime,
just understand the load, the
481
00:31:29,195 --> 00:31:31,895
British pound us dollar Lowe's.
482
00:31:32,375 --> 00:31:37,025
There was nothing, there
was no support, 0 0, 0, 0.
483
00:31:38,165 --> 00:31:44,885
So if we see a big rundown like this,
the first retracement is just like
484
00:31:44,885 --> 00:31:46,175
the first hit to an order block.
485
00:31:46,535 --> 00:31:47,555
There's going to be movement.
486
00:31:47,825 --> 00:31:48,095
Okay.
487
00:31:48,095 --> 00:31:48,535
And it doesn't.
488
00:31:49,440 --> 00:31:51,840
See price come all the
way back down to the low.
489
00:31:52,350 --> 00:31:53,010
You don't need that.
490
00:31:53,669 --> 00:31:58,980
What I did was I said, okay, if this
was my low and I want to get shored up
491
00:31:58,980 --> 00:32:03,060
in here on the first fill in that void
that I showed them a one minute chart.
492
00:32:03,270 --> 00:32:03,540
Okay.
493
00:32:03,540 --> 00:32:06,310
And the one minute chart
was really not defining.
494
00:32:06,360 --> 00:32:09,690
I'm showing you, I'm showing
you what that looks like.
495
00:32:10,470 --> 00:32:11,100
Look at that off.
496
00:32:11,100 --> 00:32:11,520
You hear me?
497
00:32:13,960 --> 00:32:17,840
The, um, it's a beautiful example.
498
00:32:19,125 --> 00:32:24,315
Of what the liquidity void looks like
in essence, that's exactly what it
499
00:32:24,315 --> 00:32:27,045
liquidity would looks like when that
woman in Charlotte, we shoot with
500
00:32:27,045 --> 00:32:34,905
his gaps that same, that same, uh,
idea exists in all of these big runs
501
00:32:34,965 --> 00:32:37,185
in market moves, higher or lower.
502
00:32:37,575 --> 00:32:41,625
You just don't see them as obvious
gaps like you do when there's
503
00:32:41,625 --> 00:32:42,915
something like this kind of occurring.
504
00:32:43,065 --> 00:32:43,425
Okay.
505
00:32:44,055 --> 00:32:47,625
So believe me, it's not that there
was a lack of liquidity down.
506
00:32:48,555 --> 00:32:48,915
Okay.
507
00:32:49,485 --> 00:32:50,715
All these types of things.
508
00:32:50,865 --> 00:32:56,115
When you see these things happen, it's
the central bank repricing aggressively
509
00:32:56,115 --> 00:33:00,735
down here, and they do that to scare
the living hell out of everyone and
510
00:33:00,735 --> 00:33:02,175
not people out of the marketplace.
511
00:33:02,245 --> 00:33:07,815
There was people that tried to buy the
low and they're holding their ass today.
512
00:33:07,955 --> 00:33:12,675
It's not there a, they got completely
decimated yesterday and just the
513
00:33:12,675 --> 00:33:15,585
short span of time, the trading day.
514
00:33:19,465 --> 00:33:26,735
Yeah, you guys, if you don't mind
tweet your, uh, tweet your lo four
515
00:33:27,155 --> 00:33:31,505
pound U S dollar and let everybody
get a chance to see the wide
516
00:33:31,505 --> 00:33:33,125
disparity of it across everybody's.
517
00:33:33,695 --> 00:33:33,935
Yes.
518
00:33:33,935 --> 00:33:35,765
And then on Twitter, that
way everyone can see it.
519
00:33:38,075 --> 00:33:45,485
And you'll see why brokers have a
real good field day on days like this.
520
00:33:54,360 --> 00:33:54,540
All right.
521
00:33:54,540 --> 00:33:56,640
Here's true days and yesterday.
522
00:33:58,890 --> 00:33:59,070
Okay.
523
00:33:59,070 --> 00:34:00,810
This is where true day ended.
524
00:34:01,050 --> 00:34:06,150
We went through dead time and
then boom, major repricing.
525
00:34:06,480 --> 00:34:10,469
They didn't do all this stuff
during the midnight to 3:00 PM.
526
00:34:11,100 --> 00:34:12,810
That's not, when you see
these types of events occur.
527
00:34:13,964 --> 00:34:17,625
Black Swan events will always
occur outside of true day.
528
00:34:17,864 --> 00:34:21,284
And that's why you don't want to
be trading in those dead times.
529
00:34:22,094 --> 00:34:27,935
You can get murdered in that
ma I'm literally murdered.
530
00:34:28,324 --> 00:34:30,424
The next trading time that we look for
531
00:34:36,634 --> 00:34:37,174
is there.
532
00:34:38,824 --> 00:34:42,154
So between here and
here, this is all dead.
533
00:34:44,795 --> 00:34:50,105
And if a black Swan event comes,
it's going to happen between those
534
00:34:50,105 --> 00:34:53,165
times, go and look at the swissy.
535
00:34:53,165 --> 00:34:55,475
When it was de pegged from the Euro,
find out what time that occurred.
536
00:34:56,945 --> 00:35:00,635
It's not, it's not hard to
see why and when they do it.
537
00:35:01,085 --> 00:35:03,935
And again, it's not because there's,
there's a lack of liquidity and
538
00:35:03,935 --> 00:35:05,135
there was all kinds of liquidity.
539
00:35:05,135 --> 00:35:06,485
That's why they repriced it down here.
540
00:35:06,755 --> 00:35:10,895
They scooped up billions and
billions of dollars today doing this.
541
00:35:15,075 --> 00:35:20,175
So looking at the, uh, the cable,
I wouldn't touch this for a while.
542
00:35:20,895 --> 00:35:26,445
If you got beat up, I wouldn't be
doing anything with the, uh, um,
543
00:35:26,505 --> 00:35:27,735
the market at all for a while.
544
00:35:27,735 --> 00:35:32,235
In fact, there was a gentleman
that reached out to me and asked
545
00:35:32,235 --> 00:35:35,475
me for some advice, and I'm
going to say it, broad brush.
546
00:35:35,565 --> 00:35:36,735
Certainly everybody can hear it.
547
00:35:37,125 --> 00:35:40,185
I don't want to, uh, I
don't want to be your.
548
00:35:41,100 --> 00:35:44,040
And then I certainly don't want to be
the person that you use as sounding
549
00:35:44,040 --> 00:35:48,570
board for your live trades, because if
I give you insights about live trade
550
00:35:48,960 --> 00:35:53,280
and it doesn't pan out where it helps
you in terms of making more money,
551
00:35:53,580 --> 00:35:54,720
you're going to fault me for that.
552
00:35:55,290 --> 00:35:57,480
And my only concern is
you not losing money.
553
00:35:58,230 --> 00:36:02,250
So if you lost money and you're in
a position still, the first rule
554
00:36:02,250 --> 00:36:04,170
is stop the bleeding, get out.
555
00:36:04,770 --> 00:36:07,620
Don't do anything that
would draw any more pain.
556
00:36:08,970 --> 00:36:13,620
It's easy to get more money back, but
if you lose all of what you have, you
557
00:36:13,630 --> 00:36:15,900
got to recapitalize, or maybe you can't.
558
00:36:16,799 --> 00:36:22,290
So stop the bleeding that means get out
of the train, moved to the sidelines, and
559
00:36:22,290 --> 00:36:24,450
then you wait minimum, take a week off.
560
00:36:24,810 --> 00:36:28,890
Don't look at the market, try to take
any trades as simply sit on the sidelines
561
00:36:28,890 --> 00:36:33,060
and don't do anything because if you've
taken a loss, then you were in some
562
00:36:33,060 --> 00:36:36,420
capacity or another long on a cable-based.
563
00:36:40,020 --> 00:36:42,930
You're, you're not going to
think things objectively.
564
00:36:42,930 --> 00:36:44,820
You're not gonna, you're
not going to do very well.
565
00:36:45,960 --> 00:36:46,680
You see?
566
00:36:46,860 --> 00:36:48,870
I don't know if you've heard that sound
or not, but that little blue, that's
567
00:36:48,870 --> 00:36:52,350
what I heard last night that caused
me go and look at the, uh, the parent.
568
00:36:52,350 --> 00:36:52,980
Let me turn it off.
569
00:36:52,980 --> 00:36:54,000
And now it's going to drive me, Ricky.
570
00:37:09,605 --> 00:37:15,695
So one more quick, look at the, uh, Euro
571
00:37:18,855 --> 00:37:22,005
nice response in here.
572
00:37:25,690 --> 00:37:26,920
Dollar loss it's Boyd.
573
00:37:29,180 --> 00:37:32,150
So you can see, or non-farm payroll.
574
00:37:33,680 --> 00:37:36,350
I would reasonably have expected
this to fill in and then come up
575
00:37:36,350 --> 00:37:37,580
here and punch through this high.
576
00:37:38,240 --> 00:37:39,290
Didn't see that happen.
577
00:37:42,420 --> 00:37:43,770
The observation on the pound.
578
00:37:43,830 --> 00:37:49,540
I mean the Euro dollar has been
nice in terms of seeing it unfold.
579
00:37:49,870 --> 00:37:50,260
No trace.
580
00:37:52,055 --> 00:37:55,805
So if I would've been, if I was forcing a
trade or wanting to be a part of a trade
581
00:37:55,805 --> 00:38:00,275
today, which I don't generally try to
do, like I said, at the beginning, um,
582
00:38:00,905 --> 00:38:06,935
what I, what would I, what I would have
expected to see in the dollar pan now
583
00:38:17,155 --> 00:38:19,405
in dollar CAD murder.
584
00:38:22,455 --> 00:38:24,645
And let's talk about this one real
quick and then we'll close it.
585
00:38:24,765 --> 00:38:27,195
Cause there's really nothing
more to say about it.
586
00:38:27,825 --> 00:38:32,855
The last night, the
dollar had already moved
587
00:38:36,665 --> 00:38:40,895
based on the dropdown on the pound dollar.
588
00:38:41,495 --> 00:38:46,625
So since the dollar had already
been running up dollar cash,
589
00:38:49,305 --> 00:38:50,745
Was this sitting around in here.
590
00:38:52,245 --> 00:38:56,325
Now we broke through a high
right here on this candle.
591
00:38:56,835 --> 00:39:00,945
This candle here opened and traded lower.
592
00:39:00,975 --> 00:39:05,205
And what I was looking at us as, okay,
this was the run-through this candle here.
593
00:39:05,205 --> 00:39:08,115
So this is kind of like,
uh, um, impulse price swing.
594
00:39:08,745 --> 00:39:14,085
Now it's a 15 minute candle, but
this price went here as well.
595
00:39:15,540 --> 00:39:19,830
We came back down, traded into
this, you know, in this candle
596
00:39:19,830 --> 00:39:26,780
right here of you just as a, a void
filled in, we broke through this,
597
00:39:26,810 --> 00:39:27,990
the market structures bullish.
598
00:39:28,200 --> 00:39:31,560
I tweeted that I liked
the dollar CAD as a bike.
599
00:39:32,490 --> 00:39:34,170
We've been talking about
where it should go.
600
00:39:34,170 --> 00:39:38,850
So like I said, I gave you enough
to go on in terms of what to expect.
601
00:39:39,930 --> 00:39:41,009
For upside objectives.
602
00:39:41,220 --> 00:39:48,030
So reaching for that 1 32 85, 1 32 95,
um, there in the videos, just watch it.
603
00:39:48,030 --> 00:39:48,480
It's there.
604
00:39:51,210 --> 00:39:53,670
I don't want to get out at
that highest price level.
605
00:39:54,240 --> 00:39:59,130
I want to get right into the level I
thought would be expected to be hit.
606
00:39:59,130 --> 00:40:02,085
So, in other words, if we're
looking for 1 30, 2 85, 1 30, 2
607
00:40:02,085 --> 00:40:03,690
95, where am I trying to exit?
608
00:40:05,640 --> 00:40:08,130
Yes, this is a low, this is
a low resistance liquidity.
609
00:40:16,515 --> 00:40:16,815
Right.
610
00:40:16,845 --> 00:40:18,225
I want to be getting out before.
611
00:40:18,585 --> 00:40:20,865
So if we like institutional price levels.
612
00:40:21,405 --> 00:40:21,765
Okay.
613
00:40:21,765 --> 00:40:25,215
And we'd like to exit there 1 30,
2 80 is a good level to do that.
614
00:40:26,265 --> 00:40:28,845
One 30 to 90 would be a good one.
615
00:40:28,845 --> 00:40:29,985
If you really want to be greedy.
616
00:40:30,115 --> 00:40:33,315
I just don't like the idea of doing that
because you can see it didn't go very
617
00:40:33,315 --> 00:40:35,445
much higher than well, what's the point?
618
00:40:37,505 --> 00:40:38,345
32 97.
619
00:40:38,345 --> 00:40:41,855
So only really went what, two pips
above the 95 level we were looking at.
620
00:40:42,485 --> 00:40:44,765
And if you would've, if you would've
been watching it live, you could have
621
00:40:44,795 --> 00:40:48,095
easily thought that this was going to
touch 1 30, 3 big figure, which is what
622
00:40:48,095 --> 00:40:49,535
are the other objectives we talked about.
623
00:40:50,285 --> 00:40:55,505
So again, I don't want to go, I
might call these levels and I can
624
00:40:55,565 --> 00:40:57,095
high-five everybody and say, yay.
625
00:40:57,095 --> 00:40:57,875
You know, the tools work.
626
00:40:57,875 --> 00:40:58,145
Great.
627
00:40:58,895 --> 00:41:01,025
Don't think for a second,
I'm holding out for that.
628
00:41:02,285 --> 00:41:04,085
I've already told you my
weaknesses, my actions.
629
00:41:04,904 --> 00:41:07,935
I don't want to be in there
demanding every possible pit.
630
00:41:08,565 --> 00:41:11,115
So if I know where it's most likely
going to go to, I'm going to take
631
00:41:11,115 --> 00:41:15,645
the first objective closest to that,
where it gives me a lot of lines,
632
00:41:15,645 --> 00:41:18,944
portion of the move and it makes
perfect sense for me to get out there.
633
00:41:19,424 --> 00:41:21,825
My expectation is this is
going to be a reach on stops.
634
00:41:21,884 --> 00:41:23,775
I don't know if it's going to
continue going through that.
635
00:41:24,345 --> 00:41:25,245
I don't need to know that.
636
00:41:25,484 --> 00:41:28,875
I just know that down here,
dollar CAD hadn't been moving yet.
637
00:41:29,205 --> 00:41:30,545
When the dollar is raging.
638
00:41:31,575 --> 00:41:34,035
And pound is going into the abyss.
639
00:41:34,605 --> 00:41:38,564
So obviously all the dollar pairs should
do what they should be moving higher.
640
00:41:39,225 --> 00:41:40,095
This is real quick.
641
00:41:40,095 --> 00:41:48,285
And in closing, let's take a look at
what dollar ended on a 15 minute chart.
642
00:41:54,754 --> 00:41:58,714
Well, this is all non-farm
payroll now, but we saw.
643
00:42:01,620 --> 00:42:02,609
Price do what?
644
00:42:02,609 --> 00:42:04,439
For a dollar yen.
645
00:42:04,709 --> 00:42:06,359
It was appreciating going higher
646
00:42:13,129 --> 00:42:14,299
in dollar swissy.
647
00:42:26,255 --> 00:42:31,985
And we saw it run for its old high
as well, all the way through here,
648
00:42:35,225 --> 00:42:36,095
Reyna higher high.
649
00:42:36,095 --> 00:42:40,505
So we were bullishness on all
the dollar pairs, but dollar K
650
00:42:40,525 --> 00:42:42,095
was still sleeping down here.
651
00:42:42,425 --> 00:42:43,595
We broke market structure.
652
00:42:44,405 --> 00:42:48,365
We traded down into this
range here, this up candle.
653
00:42:49,545 --> 00:42:52,785
My expectation was that prices
can be drawn up to here.
654
00:42:53,445 --> 00:42:59,595
So as price started closing this gap,
the very next candle here, it opened.
655
00:43:00,555 --> 00:43:05,025
I was looking at right there in
the assumptions was what I just
656
00:43:05,025 --> 00:43:06,345
explained that we ran through.
657
00:43:06,345 --> 00:43:08,085
We broke a swing high.
658
00:43:08,355 --> 00:43:12,045
We already closed down on this
candle clear to clean up the void
659
00:43:12,675 --> 00:43:14,415
and this candle here at that point.
660
00:43:14,445 --> 00:43:14,775
Right.
661
00:43:16,080 --> 00:43:19,920
As the candle, wasn't getting like two
pips away from his high that's where
662
00:43:19,920 --> 00:43:22,080
the actual entry was made right there.
663
00:43:23,580 --> 00:43:25,470
So I couldn't get the pricing down here.
664
00:43:25,530 --> 00:43:27,600
I couldn't get anything down here,
but it doesn't make a difference
665
00:43:27,600 --> 00:43:30,960
because I already got the context
of, we already broke market structure
666
00:43:30,960 --> 00:43:34,220
here even before the million.
667
00:43:34,250 --> 00:43:34,520
Yeah.
668
00:43:35,030 --> 00:43:37,970
And the reason why I'm doing it, I
was trying to explain to you is this
669
00:43:37,970 --> 00:43:43,520
is a big impact event where it's
given you a chance to get there.
670
00:43:44,250 --> 00:43:45,810
Because the dollar has already moved.
671
00:43:46,350 --> 00:43:51,240
The pound is being crushed and this pair
should go higher, but it hasn't moved yet.
672
00:43:52,020 --> 00:43:55,109
The market makers have not released
dollar CAD to move higher yet.
673
00:43:55,890 --> 00:43:59,100
And because of that, I needed,
the opportunity was still
674
00:43:59,100 --> 00:44:00,270
on the table for this pair.
675
00:44:00,299 --> 00:44:02,460
I missed anything for a pound.
676
00:44:02,669 --> 00:44:03,839
I missed everything.
677
00:44:04,319 --> 00:44:06,270
Uh, you could have done with that.
678
00:44:06,270 --> 00:44:08,460
And not that I would have done
in any way, but the point is, is
679
00:44:09,359 --> 00:44:12,210
because of what was going on in
the carnage, but that pound and.
680
00:44:13,770 --> 00:44:16,379
Dollar has already rallied,
but you haven't seen it
681
00:44:16,500 --> 00:44:18,870
communicated here in the U S Kat.
682
00:44:24,970 --> 00:44:27,580
It's possible to enter during London.
683
00:44:27,970 --> 00:44:35,310
Um, London's over here, so it's
already moved a great deal and
684
00:44:35,310 --> 00:44:36,810
your risk opens up even more.
685
00:44:36,810 --> 00:44:38,220
So, yeah.
686
00:44:41,315 --> 00:44:46,685
This entry was after the fact where the
swung thing, if you will, um, happen.
687
00:44:46,685 --> 00:44:46,924
Yeah,
688
00:44:59,765 --> 00:45:03,065
but that's, uh, that's it
nothing, no, nothing more.
689
00:45:03,065 --> 00:45:04,505
I can say about it outside of that.
690
00:45:04,865 --> 00:45:05,525
And the limit.
691
00:45:07,005 --> 00:45:13,185
Relative to what we described over
here, the schedule for the teachings.
692
00:45:15,255 --> 00:45:16,904
I'm glad you reminded because
I was going to forget that
693
00:45:16,995 --> 00:45:18,075
because we gotta close this up.
694
00:45:18,375 --> 00:45:25,035
The, uh, the month of October
has five Saturdays in it.
695
00:45:25,964 --> 00:45:28,424
Last time I checked, let me make
sure I'm saying that correctly.
696
00:45:30,705 --> 00:45:30,944
Yeah.
697
00:45:30,944 --> 00:45:32,685
1, 2, 3, 4.
698
00:45:33,480 --> 00:45:33,660
Wow.
699
00:45:33,990 --> 00:45:36,240
Now 1, 2, 3, 4, 5, yeah.
700
00:45:36,270 --> 00:45:36,720
Five of them.
701
00:45:37,050 --> 00:45:44,430
So we're going to see a delivery delay
just this weekend, because I have folks
702
00:45:44,430 --> 00:45:47,640
that are waiting to pay me and I'm
giving them a little bit of leniency.
703
00:45:49,260 --> 00:45:53,310
So I'm going to allow you, uh, an
opportunity to trust me that we will make
704
00:45:53,310 --> 00:45:59,010
good on this, uh, the eight deliveries
of this month's teachings, but this, this
705
00:45:59,010 --> 00:46:01,410
weekend alone, I need to, I need to wait.
706
00:46:01,410 --> 00:46:04,170
Cause there's still folks that are telling
me that they can't pay until next week.
707
00:46:04,170 --> 00:46:05,910
So I'm not going to give
them any of the content.
708
00:46:06,510 --> 00:46:09,330
And I know that may be viewed
as I'm punishing you, but
709
00:46:10,440 --> 00:46:11,610
you'll have all eight of them.
710
00:46:12,885 --> 00:46:16,125
And plus my voice is a little bit raspy
and I would rather get an opportunity
711
00:46:16,125 --> 00:46:19,065
to get a chance to rest it before I get
in there and start knocking off those.
712
00:46:20,595 --> 00:46:25,815
So that fair for most of you in here,
some of you are going to be mad and good.
713
00:46:25,815 --> 00:46:26,835
My pitch fork now.
714
00:46:30,455 --> 00:46:30,665
Yeah.
715
00:46:30,665 --> 00:46:34,565
Just give me, uh, just give me a little
bit of a time to, to allow these folks
716
00:46:34,565 --> 00:46:41,310
to either get in sync or take . But
that's it, it's nothing more than
717
00:46:41,310 --> 00:46:42,990
to talk about for non-farm payroll.
718
00:46:42,990 --> 00:46:43,980
Just not event.
719
00:46:44,040 --> 00:46:47,520
I can't do anything on these days and
I'm educating you not to do so as well.
720
00:46:48,390 --> 00:46:51,270
And in fact, I would have been
wrong if I would've did something.
721
00:46:51,270 --> 00:46:53,790
So again, that's one more reason
why I don't do anything with it.
722
00:46:53,790 --> 00:46:58,350
Cause it's not, in my opinion, it's not
trustworthy in my ability to be a hundred
723
00:46:58,350 --> 00:47:02,710
percent accurate is nowhere near that.
724
00:47:02,710 --> 00:47:03,510
I'm not willing to deal with this.
725
00:47:03,510 --> 00:47:04,080
Let's put it that way.
726
00:47:07,010 --> 00:47:11,040
Um, I was bored and I hadn't been
on that Twitter feed as the reason
727
00:47:11,040 --> 00:47:12,090
why I was doing that last night.
728
00:47:12,090 --> 00:47:13,470
And I had one and I still have one.
729
00:47:13,500 --> 00:47:16,710
I'll probably still do more
over the weekend, but I'd say
730
00:47:16,720 --> 00:47:17,850
guys, thank you very much.
731
00:47:17,880 --> 00:47:18,840
Have a good weekend.
732
00:47:19,020 --> 00:47:20,910
I hope you didn't get hurt
in any of the lbs stuff.
733
00:47:21,090 --> 00:47:23,160
Uh, do not trade today,
stay out of the market.
734
00:47:23,700 --> 00:47:31,109
And I will have a recap video for
you Saturday evening by 3:30 PM.
735
00:47:31,110 --> 00:47:31,350
New York.
60137
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