All language subtitles for Lesson 1.3 (1) Using Data Ranges

All right, guys, we're going to be
looking at a data range example and what

we focusing on the Australian dollar.

Now, if you've noticed we've had a little
bit of a runoff on Aussie, and we're gonna

break this down a little bit and context,
why I was expecting the, the levels

that we're looking at now to be here.

Looking at the charts that
we share on the forum.

So if you're not paying attention to
those charts or if you're not saving

them, um, it might be a good idea
of while we're doing this month, not

that I'm encouraging you to do this
throughout the mentorship, but when

we do, um, daily review, I'm taking
you basically to the points at which

I'm drawing my attention to on my own
journal, how I have reference points on

my own charts, what you see me, me noting
on those daily entries on the forum.

They're the points at which I'm
keeping focus in my own journal at

any salient points that would be,
um, in addition to those levels, I

will make in terms of commentary.

The month of January, when we do these
daily entries where I do the dollar

index, that Euro dollar British pound, us
dollar, dollar, cat, and Aussie dollar.

When I share them with you,
don't just click on them and wait

for some kind of a neon sign.

Say, buy here, sell here.

I want you to be focusing on what I'm
drawing your attention to, and then

watching how price moves to these.

Regardless of what type of
trader you're going to be.

You're going to need to be focusing on
how that happens from beginning or from

foresight to when now we can talk about
it in hindsight, because all these things

are going to help you prepare yourself
for when you anticipate something and

then waiting throughout that process.

Because it's not is quickly learned
by simply looking at hindsight example

where I can say, okay, this is what
we said the market was going to do.

This is where we thought the
market was going to happen.

And here it is, bang.

When you see it in the charts and draw
your attention is drawn to it beforehand.

There's a submission to
time that's required.

And unfortunately we glossed over
that many times, even as educators

like myself, it's hard to communicate.

What's required.

In terms of having to wait for that
thing to unfold or develop in the chart

just simply because we have a level or
an order block or a target, even for

price to get to when you show a hindsight
example, that part of the lesson, which

in my opinion, is the, that's the main,
that's the main point you have to learn.

You have to learn to wait
for these things on unfold.

The impatience.

The market presents us an opportunity
to experience is overwhelming sometimes.

And while I'm at many times a credited
for being very patient, I am not

really a patient person at all.

I'm very impatient.

Uh, this, the reason why I don't do
long-term assistant trading, but.

I'm going to counsel you to go in every
single day when we do our daily entries

for the content, whether it be a video, a
review, or whether it be a, a teaching, or

if it's something along the lines of just
simply providing the charts you want to be

really copying those charts, printing them
out, make, you know, hold me, hold me to.

The standard of, if I know what I'm doing,
then it should be evidenced in this.

Okay.

It's for, you know, for the most part,
we've seen many times that occurring,

but for your learning, you need this.

Okay.

This is when this was noted.

This is when the observation was made to
how long did it take for this to occur?

Now, since January is focused,
primarily on the daily chart,

obviously each daily candle, when
it paints and closes for the day, it

obviously takes 24 hours to do that.

So, yes.

We can glibly say that takes 24 hours for
this came up form, and this is what it

takes in terms of, uh, the setup or level
being reached over this period of time.

It took three days or
four days or two weeks.

You need to experience that you
need to be being mindful of how

long those things take, especially
on these hard timeframe charts.

If you don't do this and you're new, or
you're just a relatively inexperienced.

Some of you that are in my group that
have been trading for a long time,

know exactly what I'm referring to.

There, there's a big gap in between
learning something with examples and

hindsight and textbook, and even being
taught something in a webinar or a

workshop live where people say, this
is what happened in the marketplace.

It's missing that element
of having to endure.

What needs to be waited upon
to come into your chart?

You can't just simply say, okay,
well, this is the outcome unexpecting.

And therefore it needs
to happen on my time.

That's the part that kills traders.

It was very influential in my
early days as a trader because I

needed it to happen right away.

Because when I first started
trading, things were moving quick.

They were fast.

Mark.

And then when I realized that it
wasn't like that always, it was a

very big struggling point for me.

Just go in every day, gather
those charts up, print them

out, keep a running log of them.

In fact, it's probably a good idea
just to print them out every day,

get yourself a three ring binder,
punch some holes in it, datum.

Okay.

And then keep track.

It's a good reference point to go back
on, on Saturdays and Sundays on the

weekend when we're not really doing
anything, go back and look at what

was observed before the fact and in
how long it took for these things to

develop and those levels to be reached.

And what was the response
after it got to the.

Okay.

So that's important.

You go through a mentorship
with that in mind.

I'm not just showing you trophies
or, you know, just things in passing.

I'm really drawing to draw your
attention to something that I want

you to focus on and study how long it
takes for these things to come through.

I guess I get it.

Let's get into the Australian dollar
example where the, if the data range.

All right.

So we have here a futures chart.

Okay.

This is the March contract, the
underlying daily chart of the futures

contract or the Australian dollar.

And by looking at the futures contract,
if we're going to be trading for X, okay.

It's really important that
you, that you can get a lot

of insights just by studying.

The underlying futures price.

So since we're going to be looking at
the Australian USD pair, as our case

study, we're going to be looking at
how influential this study of just

the futures contract alone, how that's
paramount and understanding how that

moves right into and segues beautifully
into trading the foreign exchange market.

If I were to do a poll right
now, and if we were all in

the same room together, okay.

And we simply said, Hey, look,
um, I've never traded for X or

I've never shared a futures.

If you.

Studying one or the other, I guarantee
you a large percentage had probably

80% or more, never really refer to
the opposite in terms of the analysis.

So what I mean by that is if you're a
futures trader you've never considered

what the foreign exchange markets doing,
or if you're a futures trader, I'm sorry.

Of course, trader you've never
considered what the underlying

futures contract is doing.

Vice versa.

It's imperative that you
understand what they're both doing.

To get a complete picture.

You want to be looking at
both now, obviously you right

away, one's going to assume.

Well, it should be the obvious.

It should be the same thing because
the Australian is leading the

payer Aussies versus the dollar.

So therefore the Australian
underlying futures contract should

be in fact, the same thing we see.

The foreign exchange market and
by car and large, that's true.

But there are certain data points
that you cannot get by looking

at the foreign exchange market.

There's simply no way of getting
that because foreign exchange

doesn't give you volume.

It doesn't give you accurate volume.

Like you can get volume
from the underlying futures.

And we'll talk more about that
as we go, but I want you to

take a look at this chart here.

Okay.

And I'm looking at a little
bit less than six months.

I wanted to show just this data range
because outside of this, the chart

becomes spotty because it is a futures
contract and it's March delivery.

Uh, prior to March, we had December's
contract and that's already expired.

And now we're trading in the nearby
contract, which is March, 2017 Australian

dollar when we taught or rather
when I taught the IPTA data ranges.

Okay.

Obviously I asked everyone to
hold off, sending me emails, but

some of you were just overzealous
and want to know it right now.

These are things that are going to
be building on your understanding

as we go through the mentorship,
especially through January.

But I want you to focus when you look at
your daily chart, just simply go through

and look at the last three months.

Okay.

Start whatever, whatever time point
you're looking at, like right now, let's

assume we sat down and charge right now.

And this would be the first day
we're looking at Australians.

We're a brand new trader brand new
to the concept we're sitting down.

How will we pal, would we
go about looking at where.

The crypto data ranges are.

And if we're looking at Australian dollar,
you want to go from today's candle,

which is what's being painted here.

That, and it's not a came on notes, open
high, low, close, but you're gonna have

to suffer through that because, uh, I had
to get these slides together and I promise

there will be candlesticks shown, but
for now I want to focus on this because

the open high loan closes important.

The.

Most recent market shift.

Okay.

In the last three months
occurred back in November.

Now I know some of you that
are hard line critics are

saying, well, here we go again.

This is the Highmark hindsight thing.

This is where hindsight is gold.

You need to know what I'm going to show
you in this teaching, because it will

clarify what the up-to-date arranges are
actually supposed to be dealing with.

Some of you are thinking that it's
going to call the high and low 20

days, 40 days and 60 days away.

That's not what happens.

Sometimes it can hurt.

Sometimes it can occur, but
that's not what its job is.

Okay.

The question that comes up a lot is when
I'm looking for a order block to buy on

for, if I'm looking at an order block
to sell into, or if I'm looking for an

area of buy stocks or sell stocks, which
one should I expect them to go after?

Which one are they going to respect?

How do I know if it's not going
to keep on going through an old

high and not be a turtle soup?

All those scenarios and those ideas,
while I told everyone in the beginning,

if you were just patient and waited
and all those questions with the

answer, but some of you are just
really, really impatient and I get it.

You're excited.

And you think that you're not going
to learn all this stuff in the

remaining time of the mentorship,
but trust me, I'm committed.

You will learn it years, tons
of information come and type to

you, but you have to let me go
through the process of teaching it.

This is the first time I taught this.

To trust me, I've been
successful in the past.

Okay.

So just go along with the process.

But if we look at back in November,
we can clearly see that there was a

major market shift in November, 2016.

Now what that does, it gives
us a great deal of insight.

We can't take a Tynecastle
travel back in time.

Okay.

And be back in November
and go short there.

But we can use the information that
our daily charts are telling us there.

That means there was a
great deal of displacing.

By the large players or smart money.

When we see that in November, what
we're seeing here is the underlying

futures contract of the Australian
dollar has a market shift right there.

That's a quarterly market.

Over the last three to six months.

That's the most obvious one.

You can clearly see it.

If I was to ask everyone, if we were
all in the same room, raise your hand.

If you can clearly say that that is
the most obvious market shift in the

last three to six months, everybody
integratively would raise their hand.

They would click thick.

Obviously, if you can see
it, you can't deny it.

That's what you're looking for
every three months, there's going

to be something like this occurring.

It could be a similar.

Creating a high, or it could be a,
a low where it starts to rally, but

every three months, I want you to
look at your charts and anticipate

finding that in hindsight now.

Great.

That's wonderful.

You can see it in hindsight.

What do you do with that information?

See, this is what I have an issue
with, like with Elliott wave and

all these other very, they're
just, they're highly subjective.

If the market really is.

Influenced or controlled by smart
money, or if there is what I'm telling

you, there is an algorithm that
controls what price is going to do.

It's absolutely not random.

It's predetermined it's, it's running
on a script that refers to specific data

points that it will go back to over and
over and over again, the IPTA data range.

Okay.

You have a 20 day look back and cast for.

Range, you have a 40 day look back and
cast forward range, and then you have a

60 day look back and cast forward range.

What I'm suggesting to you is if
you are looking at price and you

see a, for instance, they have a
market structure shift here, and the

quarterly shift occurs in November.

That means that now the market is in a
cell profile from that point until it

gets to a level of significant counter.

Direction, what would cause it to
change direction or consolidate?

That's the other thing, that's
the vague green, not green,

but gray area in the analysis.

Sometimes you won't see
a clear retracement or

correction opposite direction.

For instance, it's been
going down November.

Uh, it could have very easily then
consolidating here going into January.

Okay.

And to February, it doesn't
need to be a countertrend move.

Like we're seeing unfold here
since the last week of December,

it can be a consolidation.

And as we go further into the content
for the January, uh, delivery of the

information, we'll talk about when
it does or when to anticipate when

it's going to go on the consolidation
and not have a counter swing.

So back in November, we
see that there's a high.

What's what's really going
on that low here is broken.

So we have a shift in market
structure and it breaks lower.

We know that we can see it because it's
taken out an area of equal highs and

we've pierced above that, taking out the
Bi-State liquidity pool and that's seen

here that was the, uh, that was the basis
and the framework around what caused the

market structure shift that quarterly
effect comes in, uh, to operation at that.

Okay.

Where our eyes go
immediately back to November.

Cause you can clearly see it when you see
that and you delineate down your chart.

What you're doing is, is you're now
identifying the beginning of November.

So you have to have a basis
point where, where is it?

Where did it all begin?

Because if you don't get yourself in
sync with what if the most recently.

And if the is the interbank price
delivery algorithm, that's where

your notes again, you're going to
delineate where the most obvious one

in the last three months has been,
then you're going to cast out 20 days.

Go forward from the beginning of
the month that that market structure

shift or quarterly shift takes place.

You're going to count out 20 days.

Now.

It may not even be 20 days.

You may look at the chart and say,
Hey, this is an obvious one right here.

Something's really going on.

If you do that, you're really
doing too much anticipation.

You got to go back to the most obvious one
and it may require you going back through.

But find the most recent one where
the market structure has shifted and

there was a move that took place.

There was obvious bullish or bearish.

Okay.

And if they really easy, if you
just divide your, your daily

chart into, uh, quarters, like
put one, put a line on March, but

align on, uh, June and September,
December, and just keep doing that.

You're you're I will go right to.

These quarterly shifts are happening.

They're not going to always
occur on those months.

There's a little bit of gray area,
which is the reason why we have

a look back in a cast forward.

The up-to-date arrange.

Okay.

What it's really doing is it's
highlighting you as the trader.

You're going to try to mimic
what this algorithm is doing.

It's looking for the liquidity in
the range of 60 days in the past.

Where is the cell stops
in the last 60 days?

Where the buy stops in the last 60
days, where are the fair value gaps?

Where's the price gaps that
price has not been efficiently

delivered in the last 60 days.

Where are the, um, the liquidity voids
where price has only been delivered on

the upside, where it has to come back down
to efficiently deliver price and balance

it out by going back down and closing
in that range, optimal trade entries.

That's where that comes from.

Where are the equilibrium price points?

Does it have to return back
to equilibrium equilibrium?

Did we get too far ahead of ourselves?

Do we extend too far?

Do we have to come back and retrace
minor retracement before we see the

next leg lower by looking at the market
structure shift that takes place in this

November time period, we are in essence
saying that this is a quarterly shift,

therefore, because of the daily chart.

This is going to give us insight about
what the market should do on a three

month timeline as much as six months.

But I like to remind you that I'm only
really looking for about three months,

horizon time, horizon that far out.

I don't like to look beyond that.

And there's many, many times I can
show you in journals where I had it.

Right.

But I wrote just because I had it right.

Doesn't mean I was
executing on every trade.

But many times I'm really accurate in
about four to six weeks time horizon.

And it's about the half-life
of a three month cycle.

So if I think that the time horizon
is, um, consistently derived at,

by looking at three months out by
using the daily chart like this.

That's my belief I'm firm in my
belief that I believe I can teach

you how to do that and have a three
month horizon by having that, that

is a great deal of opportunities for
all disciplines of trading long-term

position, swing short-term intra-day
scalping, all that stuff can be done

effectively by having this time horizon.

But when we find the clear
market structure shift

that happens every quarter.

Every three to four months or
so we find it, we identified

the beginning of that month.

You got to roll back to that first month.

Why are we doing that?

Why does it have to go back to the first
month, first of the month, rather because

if an algorithm and I'm not sure if any
of you are aware of how computer programs

are made or designed, but when a systems
analyst sits down with a company and they

say, okay, look, this is what I want.

Um, the output to be, or
I need a report generator.

That's going to give me this
outcome, or I need this information,

or I need this computation
made, I need this process done.

Okay.

The system analysis system
analyst is going to say, okay,

well, what, what data points.

You making available to me so I can sit
down with my team of computer programmers.

Okay.

And the analyst will make a documentation
stage where he sits down and

outlines the overall macro process.

Now because of what they're dealing
with, they are taught and learn

computer programming to some degree,
but they are not doing the programming.

They put all of the.

Context around what is supposed to happen?

What processes are there, w if this is
done, then this should be done as well.

What checks and balances.

And it's basically the documentation stage
of the process of a computer program.

Then the computer programmers take that
information and they actually code it out.

Now it comes from computer program
and a computer programmer it's

completely utterly blind and useless.

If he doesn't have data points that.

You can't have a computer program,
do anything of any value, unless it

knows where to draw data points from.

And there has to be an array
of information coming to it to

process and do calculations.

So my here's my, this was my epiphany.

Okay.

When I was sitting down with the
folks that were introducing these

ideas to me and no, they're not
in the teaching circuit, you're

never going to meet these people.

Okay.

When I was introduced on how the
markets actually work and operate, the

fast thing I've, uh, fastest and most
obvious thing I learned was there was

no ambiguity to how price moves around.

There was no randomness because they were
talking about things that had a financial.

Or origination where it wasn't
like it could have been this day.

It could have been that year.

It could have been this month.

No, no, no, no.

It's absolutely nothing like that.

If you understand it, we're going to be
referring to things that are numerical.

They are price related.

They are value based.

That means that we have to look
at a specific level in price,

but how does the algorithm go?

Just to end the old price?

How does the algorithm know that?

Get that that's where the large one-stop.

So this is what's taught and permeated
in the teaching, uh, circuits in an

education for trading, they teach.

And I've said these things before,
but I used it to communicate to

you the idea, because most people
don't understand fund level trading.

They don't understand
institutional trading.

They don't, they don't
know those types of things.

They just think I got an account with
my broker, so therefore I'm trading.

And if I get stopped out, it's
my broker that did it to me.

And many times that's true.

The delivery of price from the central
bank level, that movement that repricing

is really not always, but on a short
term, it's being repriced to take into

account for large liquidity pools that are
available on the large fund trading realm.

Your little mom and pop.

FXCM not your Owanda you?

None of those, none of those things.

Okay.

Are obvious are on the radar
screen for what I'm teaching

you here, but they are in close.

Um, they're, they're basically
in alignment with the same thing.

Okay.

But they're not this, these
movements for these runs on stops.

They're not looking
at, oh, here's Michael.

Okay.

Here's a Jon Jones from, uh,
Allentown, Pennsylvania stops.

Okay.

They, they don't have
that type of information.

They don't see you.

They don't have any identification of you.

They don't have any identification to
retail at all, but because these ideas

are taught across the board the same
way, because it's been put out there to

be done this way, because eventually if
you're, uh, if you are a, an accurate.

That's a retail-based trader.

Okay.

Eventually if you're profitable to
some degree, what eventually happens

to some of these people, they get
very high minded of themselves.

They think then they they're
great at what they're doing.

So therefore they're profitable.

And the first thing they want to do
is prove it to the world, by having

everyone else give them their money.

And they're going to be a
trader that manages funds.

No one wakes up and is born a large fund.

They come up through the ranks of
being a profitable retail trader.

So are they going to come into
that realm and change the way

they've been doing things?

Absolutely not.

It's the same thing
they're going to do there.

Then the difference is they have a
process on the fund level that they have

to go through specific parameters and
guidelines and stay within these to be

compliant with whoever's running that,
uh, that operation behind the scenes.

And just because you're a large.

Manager, unless you're
operating alone and independent.

If you go to work for an agency
and you are a fund trader and

you're managing under their
umbrella, then you have guidelines.

You have to work within there's
there's rules and, and things that you

can't do outside of these, or you're
you're, you know, you basically get

canned you're out the door you're
gone and you can't manage anything.

You don't spell.

You.

But these ideas are the same.

So how can an algorithm or a
country we'll just say it like this.

How can a computer program
know where everyone stopped is?

It has to have a range of data
now just because we have the, the

numbers of price, the value of price.

Okay.

They have to have a look
back period to look back.

Period is 20 days, 40 days and 60.

And what you're doing is, is, and this
is what I want you to do with your time

after today's teaching, while you're
waiting for today's daily recap video.

Cause there'll be two, let's go up.

This is the teaching video for today.

And then we'll have a daily review
where I do like 10, 15 minutes

talking about what's already had.

And I'll give you the
charts and stuff to study.

I want you to spend
your time this evening.

Okay.

And even tomorrow, while we're
not doing any live session,

go back through your charts.

And don't just look at
the Australian dollar.

Look at every currency pair.

Look at every commodity.

Look at individual stock.

Look at indices and you'll see quickly
by studying this, it will become

quickly clear that there no random now.

There's a specific pattern that
this thing does all the time.

Now it used to be a manual thing where
the market maker was a real person.

They sat there and they worked with a
team of individuals that manipulated

price to do these very things,
but because everything has become

so streamlined and efficient by.

Uh, artificial intelligence, AI, the,
uh, the effectiveness of algorithms.

Okay.

That's been implemented now.

It's much more efficient to do
that, and there's no emotion.

It just does what it needs to do.

So if a computer program or I'm quoting
with my fingers now, the interbank price

delivery algorithm, that computer program,
we're going to call it from this point on,

for this teaching, for it to be effective.

It has to know where to
look at, to find stuff.

They don't see orders.

That's not what's going on.

They don't seek orders.

The orders are executed on by
the traders at the bank level.

The algorithm just permits the
price to move to that level,

which gives the opportunity for
the traders to execute on that.

That's the real story.

That's what really goes on.

Everybody else out there in this industry
will tell you what, what's this happening?

And this guy here, he's, he's pushing
a button and it's doing this to happen.

No, it's not, it's not, that's
not what's happening at all.

The algorithm will look back 60
days and it'll find it's very easy.

If you, if you're, if you know anything
about computer programming and you

don't even have to do that, but just.

1st of November.

If you look back 60 days in the past, what
was the highest high in the last 60 days?

There's going to be by
stops above that high.

We're still lowest low in the last 60
days, there's going to be sell stocks

below that low in the last 40 days.

What was the last highest high?

And what was the last lowest?

Looking back in the range to the
left from that November red line that

we're delineating on November, where
are the stops below and above those

highs inside of the range of 20 days,
40 days and 60 days now and already

know what some of you're thinking,
well, what happens if there's a

low that's really, really obvious.

That's just outside the range of 60 days.

That's the farthest.

That's when the open float will
move aggressively and go outside

that normal parameter of 60 days.

And you'll see that big run,
the marketable jump and skip

right down into that old load.

That's just outside that 60 day range.

How do you know what it's
going to be an explosive move?

Michael, when you have that
scenario, if didn't last 60 days,

if they've already ran out the stops
below and low in the last 60 days.

For above an old high in the last 60 days.

And there is a larger, higher, high
or lower low, where the stocks will be

resting above or below respectively.

Then, then you know, there's going
to be a big run on price and they're

going to run for that liquidity because
that's the only other thing that's left.

The large funds have their orders
above and below these old highs.

You work just like the algorithm will in a
60 day range, look back the last 60 days.

And then you watch going forward.

You cast forward 60 days and
you can literally have this on

your chart and you go forward.

Count forward 60 days.

You can literally go on your daily chart
and empty four and change your date.

60 days forward to make a vertical line.

And that way as price starts to paint,
you'll know, you're approaching that 60.

That means it's going to be forming
some measurable enemy, a term

higher, low before that time.

And it's going to create a liquidity
pool above an old high or below

an old well, that's going to be
influential for future trades.

The same thing occurs by looking back
on the last 40 days to the left of

that November 1st look back 40 days.

What was the lowest level?

What was the highest level?

I'm sorry, what was the highest
high rather in the lowest low

you're by stops above the old.

And the cell festival or that old whoa,
inside of that range of 40 days, that's

where IFTA we'll look for that liquidity.

Now it's not giving you a directional
bias yet on telling you it needs to

use these reference points to find
where the stocks would logically be.

See the AI cannot.

It can't think for.

They can't do that.

But because human nature says that
we will, as traders put ourselves,

stopped below a low and we will
put a buy stop above and old high

that's all the algorithms doing.

It's seeking to take price to that level.

When it gets to that level, then
your broker, then the central

bank can do a wild spike and
send it above 10 to 20 pips.

Think about it, you know, 10 to
20 pips, they becomes logical.

Why they do those big spikes.

Okay.

Intraday 20 and 10 and
20 pips above and OHI.

Then it stops right.

Many times, right?

At 20 pips or 10 pips, and then
rejects that goes the other way.

It first has to get to those levels
based on a daily chart in the realm of a.

40, I'm sorry, 20 day, 40 day or 60
day, look back and then cast forward.

So really what you're doing is that you
have 120 days of range from the past

and going forward, there's going to be a
significant move on some of your breasts.

Of course, there's going to
be a mood, Michael, come on.

I mean, a lot can happen in 120 days.

Yeah, you're right.

But there's things that you have to
look for, that the algorithm's going

to be doing to engineer these types of.

The, you have to have these data points
to know why the market's going to go at

an old low what old, low, well, where's
the lowest low in the last 20 days.

Where's the last 40 days.

Where's the lowest low in that range.

Where's the highest
high in that last range.

And you need to be noting those because
that's the one that they're going to run.

They're going to run rate for.

If there isn't anything that hasn't
been traded to in the last 60 days,

if everything's been wiped out,
above and below the marketplace.

In other words, the open float, all the
buy stops above old highs and all the

sell stops, blue, all lows in the last
68 during your look back in other words,

everything to the left of that November
vertical line at red line, if everything's

been cleaned out above and below the
highs and lows, there's no more bikes.

There's no more cell stops.

It has to create a new expansion.

So you have to identify what the next
high and low outside that range of

60 days, looking back where that is.

And that's going to tell you
where they're going to draw a

price on this daily timeframe.

It's more, it's more confirmed when
you start applying it to the weekly

chart and the monthly chart, because
you'll start seeing things align

where that old load it's just outside
of the last 60 days, looking at.

There's an old low that may
not be on this chart here.

I don't know.

I'm just giving you a
hypothetical example.

If there's an old load, it's just
outside the realm of September.

In this example here, say maybe there's
August, there's a significant, lower, low.

The market's gone to reach for that.

There may be a high that's just outside
the September boundary in August

that they may have turned around.

And they make a run for that.

Maybe it may be in the 78, uh,
price range for, uh, for Aussie.

That's what you would be noting.

And you're going to look for price to be
drawn to one of those two price points.

And you look for evidences
that that institutional order

flow is going that direction.

Then you know where it's going.

It gives you directional bias because
of the higher timeframe nature of this

daily chart and weekly and monthly.

And what we have here.

This is the look forward.

Okay.

Our cast forward of November, this is
20 days out from the 1st of November.

So we have 20 days here
inside of that 20 day range.

There's going to be a significant set
up that you can use for your trading.

It's moving up into the old load.

It was formed in October.

He goes in the consolidation law here,
we have a condition where the market

didn't create any significant shift, but
it starts to move into consolidation.

Then you count forward.

Okay.

From here, that's the 20th.

So you can go from the beginning
of November to the 20th.

Yes.

There was a price swing, but using
the information, the next stage

would be 40 days out from that price
point of November, beginning, we have

here that is your 40 day looking.

Or cast forward and you're looking for,
again, a potential major shift quarterly.

It can happen at that point.

Now it didn't give you the lowest
low, because if you go back to the

left to see two daily candles or
bars, the last down right here, this

down candle, that was the actual.

We have a small little range in here.

And then we came down and
hit this level here at 71 50.

That's the 40 days out from the
beginning of November, framed on the

quarterly shift that took place here.

So we're anticipating a potential
change in the direction.

Okay.

20, 40 or 60 days.

But that's the range.

It's not always going to do, like
what you're seeing here at, where

it's almost calling the very day.

It moves and makes the, the change
it's you're allowing your study to say,

okay, the price is going to move about
20 days and then we could see something

if it doesn't happen in 20 days.

Okay.

Well, in the next 20 days, up to 40
days from where the market structure

last shifted here, quarterly, then
we're going to anticipate in the realm

of the next 20 days, it may have.

So you have to be looking for
signs that it's going to happen.

If you don't do these things, you're
going to marry the idea that the

market's going to keep on going
lower and never turn around it.

Doesn't it doesn't do that.

Markets don't trade in straight lines.

So if we see here on this day
here, this is 40 days out from

the beginning of November.

Very significant price move
occurred from that price.

7,100.

I mean, I would think everyone, if we
were all in the same room, if we raised

our hand, if we were in agreement, I
think the majority of us, if not all of

us would raise our hand, say that's a
pretty significant move off that level.

One of the things I learned when I
was an indicator based trader, uh,

I'd like to set the Castic, uh, like,
uh, uh, Larry Williams accumulation

distribution formula, where it plotted
in the chemo blind based on the

relationship to open the close and
close the open and measuring that as,

uh, smart money buying and selling.

Sometimes that's true.

Not always.

And it didn't always
give you a divergence.

I liked his William percent art and
the reason why I liked his William

percent art is because it has an
uncanny ability to be one day before.

Yeah.

Like if you look at the Castic, you have
to wait for the, the candle, the clothes,

and go to a new candle to see if the K
line crossed the D line or D line cross

the, uh, the K line or wherever it is.

I don't even remember what it was
anymore, but, uh, the trigger line

that uses, uh, the idea behind a
crossover for staff, for us to caustic

that has to happen after the fact.

Well, the market's already moved
when I looked at the percent off.

What that did.

It gave me many times the day before the
real oversoul condition would happen.

For instance, if the oversold condition
existed in Williams percent R today,

that means tomorrow is probably still
likely to go down this a little bit

more, but that's going to be the by day.

That's a very low, low, well,
that same phenomenon sometimes

occurs with these ranges.

20 days out.

You may get the, if it doesn't
turn, it may happen on the 21st.

Or it may occur on the 19th day
when, when it does occur, but

that's not what you're relying on.

So it's important that while that
may have magic in your chart,

sometimes you may see it happen.

It might do the very thing of
turning on the 20th day for

the 40th day or the 60th day.

And you saw that in my first
teaching for the month.

I wish I probably would have stressed
it more because everyone seems to think

that that's, what's going to happen.

I'm not telling you that the
market turns every 20 days, every

40 days and every 60 days, but it
can, and will sometimes do that.

What we're looking for is these
quarterly shifts that take place.

Once we identify one,
there's our beginning of.

Okay, but you have to roll back
to the beginning of that month.

It occurs in curved in the second
week of, uh, of the month of November.

So we're now we're calibrated.

Now we can start going forward until
we see a equal or counterparty,

uh, to that move on lower.

There has to be a significant, um, re
retracement or correction or reversal.

It's indicating that here the last
week of December, why is it doing that?

Because we've taken out December.

See that we're trading at a level
where if this was continuously

bearish, it shouldn't be
where it's at right now today.

Okay.

But my point in drawing your attention
to the 40 day is it was not the 40th.

Uh, I'm sorry.

It wasn't the fact that it made the
lowest, low and turned on that day.

But look at the low in proximity to
the lowest load, it was formed here.

Inside this, see this day here
was inside the range of 40 days.

Back to this point price point here.

So from this level, looking at
the first day of November casting

forward 40 days, this whole turning
point right here could have happened

any time in the last 40 days.

Now, again, for some of these
that are cynical, of course,

obviously this is of no value.

It's a great deal of value because
inside that 40 days, just like when

we look back for 40 days and look
for the low for cell stops and we

look for the high for the bicycle.

In this range here, what is this?

That's a low below.

That low is going to be what sound stops.

Yes.

We moved about 150 pips for so below
that, but we came to a level of 71 50.

That's not random.

71 50 is a significant level.

It's a mid figure that.

And it's happening at a time when inside
a 40 days, the up-to-date arrange is going

to be looking to do something it has to,
it has to do something every three months.

Price is going to be pushed around.

It's going to be drawn to a level,
or it's going to repel from a level.

And it's based on what I'm telling you
here, it's seeking large fund liquid.

Now longer term where we're talking
about monthly and yearly moves, they are

all driven by real fundamental things
like interest rates, but every quarter

there's going to be a ebb and flow
that takes place a rally and a decline.

When this occurs, that's all short term.

When you look at long-term trends
that go for five years or 10

years, three months is nothing.

That's like a five minute chart
on the scheme of a weekly chart.

It doesn't mean anything.

There's no significance to it at all.

Long-term macro fundamentals.

Okay.

Are not impacted by three month cycles.

They're not, they can be used to get in
sync with long-term macro fundamentals.

The only fundamentals you're going to get
from me is interest rates, which is what's

going to be taught to you as a, as well.

So again in summary, the 40 days, and
I'm not done teaching, but for 40 days,

this range, we're looking back to see.

Now here we have a new 40 day look,
we're casting forward 40 days.

So now at that moment, we're
going to have that in our charts.

From this point here, we know 40 days
from then, this is where we would

have our expectation of a shift.

But we also, because we can
do that in advance, we can

now look back 20 days from.

We can look 40 days back from there.

Where's the lows.

And where's the highs.

Think about that.

If we know at this point here, casting 40
days forward, we can have a vertical line

right here on our, or on our charts now to
someone looking over your shoulder, they'd

be like, why is that line even there?

Why do you have a vertical line there?

I don't know.

I ain't telling you, you weren't a
part of the mentorship, but from this

point here, counting back, let's good.

Or here's here's you gotta count this
day as day 1, 1, 2, 3, 4 5 6, 7 8,

9, 10, 11, 12, 13, 14, 15, 16, 17,
18, 19 20 K to 20 is basically the

last day before you get to December.

So the second to the last
day in November is 20 days.

What was the highest high
formed in that range?

It's going to be mid July, mid December,
where it made there's equal highs.

So there's going to be what what's
resting above that by stops.

So what is the APTA algorithm going to do?

It's going to seek that liquidity is
going to go up there and take that.

Which high should I look for?

Michael?

That one, looking back from this point.

Cause we know it from this point
here, casting forward 40 days.

Okay.

Going back 40 days.

Well, that's going to be in the range.

That's delineated here with this line
and we've already shown this is the low.

Is there any significance about that low?

Well, I'll count you to go into your
four hour, one hour and 15 minute

timeframe and put up 7,300 on your
Aldi dollar and see what you see.

There's nothing random about this stuff.

That low is 40 days
inside the 40 day range.

Okay.

That is a significant turning point.

It's not the very lowest low,
but you can see that the low

forms two days before that.

And then we have a market structure shift
and the market starts to go opposite to

what has been put in place in November.

You can now, also from that price point
there, by having a verbal line on the air.

Uh, daily range, you can now start
counting forward 20 days, 40 days, 60 days

until you see an obvious shift quarterly,
there was a major structure shift.

Okay.

It could be bullshit bears,
whatever one, it happens.

It doesn't make it that you're not
trying to forecast that all you're doing

is anticipating another significant
move in price on a daily chart.

And it happens every three
months, but the point is this.

The, if the data ranges give you a means
of looking back 20, 40, and 60 days from

specific days and specific price points,
because then you'll know what stops

they're going to be reaching for above
our old high and below an old, well,

it's not just, well, I'm looking for
the lowest recent, obvious high and low.

No, no, no, no.

It's not like that at all.

It's not like that at all.

You got to look back in a range of 2014.

And then if all those levels
have been cleared out, then you

gotta look outside that range.

Then, you know, you're
getting may see a big move.

And if it has these characteristics,
then you know, you're going to see a

larger move higher or lower based on
what those highs and lows would be

outside of the most recent 60 day.

Look back.