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These are the user uploaded subtitles that are being translated: 1 00:00:01,760 --> 00:00:05,100 This is the Australian dollar Campbell stick. 2 00:00:05,100 --> 00:00:08,790 You can rest your eyes a little bit in the more strain in your eyes 3 00:00:08,790 --> 00:00:09,960 on the open, high, low, close bar. 4 00:00:10,920 --> 00:00:13,110 Here's that 70 50 level. 5 00:00:13,500 --> 00:00:13,830 Okay. 6 00:00:13,830 --> 00:00:15,090 And why that's significant here. 7 00:00:15,090 --> 00:00:20,940 We have a old, low back in February of 2016. 8 00:00:20,940 --> 00:00:25,200 We have the last down candle, but that last down candle has a range in it. 9 00:00:25,410 --> 00:00:25,680 Okay. 10 00:00:25,710 --> 00:00:26,490 Let me show you again. 11 00:00:26,550 --> 00:00:30,750 This is what it looks like that WIC right in here, right here. 12 00:00:31,110 --> 00:00:35,100 Look at that price movement up rate before the law. 13 00:00:35,430 --> 00:00:38,250 What's the last week of February, that big green candle right there. 14 00:00:38,880 --> 00:00:43,830 We know that prior to that, we saw that down close in 15 00:00:43,830 --> 00:00:45,540 that explosive range, higher. 16 00:00:46,530 --> 00:00:48,420 That high is going to be significant. 17 00:00:48,450 --> 00:00:49,350 It's going to be sensitive. 18 00:00:49,590 --> 00:00:49,980 Okay. 19 00:00:50,190 --> 00:00:55,860 But all the way down into the opening of that weekly range also 20 00:00:55,950 --> 00:00:57,720 noticed that this last down candle. 21 00:00:58,785 --> 00:01:04,965 Great before this big move up in the last week of may of 2016, that last red candle, 22 00:01:06,135 --> 00:01:07,965 that was the bullish or block as well. 23 00:01:07,965 --> 00:01:13,845 So we have a big range to work within then going into the latter portions of 24 00:01:13,845 --> 00:01:20,805 2016, the last down candle in December, that would be a bullish or block as well. 25 00:01:21,555 --> 00:01:26,805 Looking at the, the high and the open on that candle would give you significant 26 00:01:26,805 --> 00:01:28,275 price points to go forward as well. 27 00:01:28,635 --> 00:01:33,315 But look, what happens when price hits this 71 50 level, it's been 28 00:01:33,315 --> 00:01:37,035 down here before and they repelled aggressively away from that. 29 00:01:37,635 --> 00:01:39,735 Fundamentally must be something to it. 30 00:01:39,855 --> 00:01:43,005 I don't know what it is, but on a weekly chart, we're going to 31 00:01:43,005 --> 00:01:44,805 be using old highs and old lows. 32 00:01:45,435 --> 00:01:48,705 And if there's old highs and all those had significant buying and selling pressures, 33 00:01:49,275 --> 00:01:50,985 that's evidenced and you can see it here. 34 00:01:51,345 --> 00:01:52,275 We have to be mindful of. 35 00:01:53,690 --> 00:01:56,020 And you can see that they have in fact traded down here. 36 00:01:56,070 --> 00:02:01,539 We tapped it two times on a weekly basis and then moved out once me 37 00:02:01,550 --> 00:02:03,020 moved out away from that level. 38 00:02:03,110 --> 00:02:05,179 But we, you see that they're going to be looking to do what they're going 39 00:02:05,179 --> 00:02:12,160 to be trading above these candles bodies and the wicks are next. 40 00:02:13,630 --> 00:02:17,200 And we could potentially trade up into this last candle in the 41 00:02:17,200 --> 00:02:19,600 last week of October of 2016. 42 00:02:19,690 --> 00:02:21,280 That's where the bears order block is. 43 00:02:23,340 --> 00:02:27,630 So we have a range of potentially it could take us up into 75, 70 to 44 00:02:27,630 --> 00:02:30,810 75 80 still for Australian dollar. 45 00:02:34,560 --> 00:02:39,510 Let's go back into the daily Australian dollar. 46 00:02:39,510 --> 00:02:41,010 And I want you to take a look at this chart from him and 47 00:02:41,010 --> 00:02:41,850 stare at this for a second. 48 00:02:41,850 --> 00:02:42,570 And tell me what you see. 49 00:02:43,440 --> 00:02:43,680 Okay. 50 00:02:43,709 --> 00:02:48,660 This is again, this is the March contract for the Australian futures market. 51 00:02:50,679 --> 00:02:52,420 It's going to basically do the same thing. 52 00:02:52,450 --> 00:02:57,790 Our Australian dollar pair does and four X, but what you're seeing here 53 00:02:57,820 --> 00:03:02,440 cannot be seen in trading Forex and air, all these guys that get 54 00:03:02,440 --> 00:03:05,709 on Facebook and on the internet and Twitter, and they know everything about 55 00:03:05,950 --> 00:03:10,179 Forex and they knew the insides and everything that, that secret, okay. 56 00:03:10,420 --> 00:03:11,829 The buzzword smart money. 57 00:03:12,220 --> 00:03:14,019 And now it's institutional trading. 58 00:03:14,019 --> 00:03:17,440 Everything is making its way and everybody else's curriculum now, 59 00:03:18,160 --> 00:03:20,859 but none of them talk about this. 60 00:03:21,339 --> 00:03:21,670 Okay. 61 00:03:21,670 --> 00:03:26,350 And this is where I learned the things that Larry Williams taught 62 00:03:26,380 --> 00:03:30,880 in his book, how I made a million dollars trading commodities last year 63 00:03:31,350 --> 00:03:32,469 wrote that book in the seventies. 64 00:03:32,469 --> 00:03:38,950 Folks, you know, we're in 2017 now, very, very few things have the longevity 65 00:03:39,010 --> 00:03:41,019 of what has been taught in his book. 66 00:03:41,170 --> 00:03:43,870 I mean, for less than it costs for a pair of shoes. 67 00:03:45,000 --> 00:03:47,880 You literally can buy a book that if you have no understanding about 68 00:03:48,150 --> 00:03:51,720 how commodities move and how they're priced and all that business, uh, 69 00:03:51,750 --> 00:03:56,010 to me, I think that is an essential part of every trader's library. 70 00:03:56,130 --> 00:03:59,220 Again, the title is how I made a million dollars trading commodities 71 00:03:59,220 --> 00:04:06,390 last year, by Larry Williams in his book, he talks about how he was taught. 72 00:04:06,510 --> 00:04:07,410 He didn't discover it. 73 00:04:07,470 --> 00:04:09,630 He was taught this by his friend. 74 00:04:10,350 --> 00:04:13,260 And I think if I'm not mistaken, I think he names his friend in that book. 75 00:04:13,290 --> 00:04:16,050 But the, uh, if not, you can find it on YouTube. 76 00:04:16,079 --> 00:04:20,460 You do a search on Larry Williams and open interest, but the, the fact that 77 00:04:20,760 --> 00:04:28,230 open interest is the most misunderstood data point in trading is a wonderful 78 00:04:28,230 --> 00:04:29,460 opportunity for you as a trader. 79 00:04:31,020 --> 00:04:32,340 If there is nothing. 80 00:04:32,700 --> 00:04:33,690 Thanks just for a second. 81 00:04:35,520 --> 00:04:41,610 If there is 100% control over price, there has to be someone control. 82 00:04:43,400 --> 00:04:45,170 We're going to glibly call that smart money. 83 00:04:46,460 --> 00:04:49,580 If they are controlling it, why would they want to control it? 84 00:04:50,990 --> 00:04:51,410 Greed. 85 00:04:52,880 --> 00:04:54,740 They want to make money just like anybody else does. 86 00:04:55,160 --> 00:04:57,470 Banks are not in the business to go out of business. 87 00:04:57,950 --> 00:05:02,450 They're in business to buy and sell money or provide means for 88 00:05:02,450 --> 00:05:07,370 you to borrow money, to pay them interest on the usage of that money. 89 00:05:08,720 --> 00:05:10,220 That's just one facet of it. 90 00:05:10,760 --> 00:05:12,770 There's also speculation. 91 00:05:13,700 --> 00:05:18,350 That is the mist most misunderstood realm because it's not widely talked about. 92 00:05:18,470 --> 00:05:20,960 You have to be in that arena. 93 00:05:21,260 --> 00:05:24,590 You have to be there to know anything about it, and you are 94 00:05:24,590 --> 00:05:26,630 forced to not talk about anything. 95 00:05:27,410 --> 00:05:31,250 So I had to create a language if you will. 96 00:05:31,550 --> 00:05:32,000 Okay. 97 00:05:32,090 --> 00:05:36,950 To be able to talk where the things I understood are effectively 98 00:05:36,950 --> 00:05:40,670 communicated, but also doesn't put me out there where I'm. 99 00:05:42,930 --> 00:05:45,750 That's why we are in this teaching. 100 00:05:45,960 --> 00:05:52,380 Uh, this, this medium, the things that I quickly learned that were apparent in 101 00:05:52,380 --> 00:05:58,200 the marketplace is that yes, there is a entity out there that is 100% interested 102 00:05:58,200 --> 00:06:04,440 in offsetting large funds because they have real huge orders in the marketplace. 103 00:06:04,740 --> 00:06:09,330 And if they can upset them or take them out of the marketplace, they know that 104 00:06:09,330 --> 00:06:12,419 their viewpoint will eventually get back in line because their trend falling in 105 00:06:12,419 --> 00:06:16,590 nature, they can take them out of the move and then take their seat in that position. 106 00:06:17,430 --> 00:06:21,299 Or they can take them in the wrong side of the move and then 107 00:06:21,419 --> 00:06:23,159 reprice aggressively the other way. 108 00:06:23,700 --> 00:06:25,380 And they can profit from that. 109 00:06:25,740 --> 00:06:30,090 They're not looking at Owanda or FX Em's books and saying, okay, well, you know, 110 00:06:30,090 --> 00:06:31,469 we're going to really punish retail today. 111 00:06:32,039 --> 00:06:37,169 Retail is just following the, you know, the blind leader of all these texts. 112 00:06:38,175 --> 00:06:39,165 All that stuff. 113 00:06:39,705 --> 00:06:41,655 You know, it leads you to losses. 114 00:06:41,955 --> 00:06:47,505 That's a derivative of you doing what you've been told to do, and it's 115 00:06:47,625 --> 00:06:51,915 doesn't have any basis in how the markets actually work once in a while. 116 00:06:51,915 --> 00:06:52,605 They will work. 117 00:06:53,685 --> 00:06:54,945 But you're not, it's not because of that. 118 00:06:55,065 --> 00:06:57,525 It didn't happen because the divergent, since the casting, it 119 00:06:57,525 --> 00:07:01,275 didn't happen because your Wolf wave or your harmonic crab riding on the 120 00:07:01,275 --> 00:07:03,705 back of an Eagle's wings pattern doesn't that, that doesn't happen. 121 00:07:03,915 --> 00:07:04,245 Okay. 122 00:07:04,515 --> 00:07:08,865 Price is moving based on where the large funds orders are, where that open float is 123 00:07:09,705 --> 00:07:14,415 when these hard timeframe charts that's, what's drawing price, but because the 124 00:07:14,415 --> 00:07:20,175 price is going to allow the bank level traders to get in and build positions in. 125 00:07:20,595 --> 00:07:25,305 Otherwise, if it was really just, uh, the central banks repricing, it would be 126 00:07:25,305 --> 00:07:29,025 like all the time, big moves, moving up to an old high bend, down to an old low. 127 00:07:30,240 --> 00:07:35,670 The traders have to have a opportunity to work inside that position, to capitalize 128 00:07:35,670 --> 00:07:37,980 on the mood that is engineering for them. 129 00:07:39,870 --> 00:07:44,520 How do we know when the banks smart money are actually going in and buying? 130 00:07:44,880 --> 00:07:49,860 If we know that there's a likelihood that 71 50 on Aussie dollar is potentially 131 00:07:49,860 --> 00:07:52,680 bullish, what evidence is there? 132 00:07:52,980 --> 00:07:57,600 That there is in fact smart money buying it well inside that blue 133 00:07:57,600 --> 00:08:01,820 shaded area in here, I have a great deal of insight to share with you. 134 00:08:01,820 --> 00:08:04,590 You need some of you already know some about something about this, but 135 00:08:04,590 --> 00:08:10,930 I want you to think about this every three months, this occurs right? 136 00:08:10,930 --> 00:08:11,800 Just down your notepad. 137 00:08:12,430 --> 00:08:14,800 If you're busy, big changing diapers, okay. 138 00:08:14,950 --> 00:08:17,260 Doing dishes hide from your boss. 139 00:08:17,470 --> 00:08:23,530 Write this down every three months, this pattern occurs 140 00:08:25,330 --> 00:08:26,830 where you're at a support level. 141 00:08:28,419 --> 00:08:30,609 And major higher timeframe support level. 142 00:08:31,150 --> 00:08:35,409 If you see an expectation that the price should be bullish, we have been 143 00:08:35,409 --> 00:08:41,140 trading lower and we hit the level like we're seeing here at 71 50. 144 00:08:41,140 --> 00:08:41,400 That's what? 145 00:08:41,400 --> 00:08:43,809 Just let me go back one more time to show you the weekly chart. 146 00:08:47,510 --> 00:08:47,930 There's that? 147 00:08:48,079 --> 00:08:49,520 71 50 level down here. 148 00:08:49,560 --> 00:08:52,340 We've been there before in may. 149 00:08:52,400 --> 00:08:52,699 Okay. 150 00:08:52,699 --> 00:08:53,960 So look at that level here. 151 00:08:54,050 --> 00:09:03,050 You can see that 71 50, that level has been hit perfectly his nails it. 152 00:09:03,260 --> 00:09:03,590 Okay. 153 00:09:03,590 --> 00:09:06,470 And then it runs away as price hit it. 154 00:09:07,520 --> 00:09:11,240 As price hit this level here, this purple line in here. 155 00:09:11,240 --> 00:09:14,660 I want you to look at what was going on as price was dropping down. 156 00:09:15,980 --> 00:09:16,340 Okay. 157 00:09:16,970 --> 00:09:19,430 All through this market structure shift in November. 158 00:09:19,819 --> 00:09:20,240 Okay. 159 00:09:20,840 --> 00:09:21,410 What's happening. 160 00:09:23,140 --> 00:09:25,150 Yes price is repricing going lower. 161 00:09:25,270 --> 00:09:28,510 It's allowing bank level traders to be short and capitalize on that move. 162 00:09:29,140 --> 00:09:31,810 But also open interest is also declining. 163 00:09:33,070 --> 00:09:34,390 Why are, why is that happening? 164 00:09:35,980 --> 00:09:39,730 Why is open interest declining when this moves dropping down? 165 00:09:40,660 --> 00:09:42,070 What, what significance is that? 166 00:09:43,510 --> 00:09:48,190 Because if you read very William's book, he says his buddy told him if 167 00:09:48,220 --> 00:09:56,515 the market is in consolidation all through here, all between 77 and 74 168 00:09:56,515 --> 00:10:00,310 54, August, September, and October price was in a big trading range. 169 00:10:00,640 --> 00:10:01,570 It's in consolidation. 170 00:10:02,860 --> 00:10:06,730 Then in November, it creates a false breakout of both 77 big 171 00:10:06,730 --> 00:10:08,530 figure and rejects and trading. 172 00:10:10,790 --> 00:10:16,250 Open interest is taught that as long as a trend is going up or down and you see open 173 00:10:16,250 --> 00:10:20,630 interest increasing as the trend goes, if that's a healthy trend that works for bull 174 00:10:20,630 --> 00:10:23,090 markets, doesn't work for down markets. 175 00:10:24,140 --> 00:10:26,240 That's a misnomer that's misinformation. 176 00:10:27,050 --> 00:10:30,380 Larry Williams says when open interest drops while you're in 177 00:10:30,380 --> 00:10:34,130 consolidation, we're in consolidation all through August, September, 178 00:10:34,130 --> 00:10:36,860 October, price drops down in here. 179 00:10:37,010 --> 00:10:39,050 We have a big drop in open interest. 180 00:10:39,680 --> 00:10:45,260 Open interest is the total open longs and shorts that are 181 00:10:45,260 --> 00:10:46,280 in the marketplace right now. 182 00:10:47,210 --> 00:10:51,680 If the central bank is the storehouse for price, it's their currency. 183 00:10:51,710 --> 00:10:52,520 It's their commodity. 184 00:10:53,450 --> 00:10:57,160 If you were trying to buy currency, it has to be made available to. 185 00:10:58,065 --> 00:11:01,485 And it's going to come from a bank if this would have been gold. 186 00:11:01,725 --> 00:11:02,205 Okay. 187 00:11:02,735 --> 00:11:08,025 The commodity is gold is there's a, a provider or a liquidity provider of gold. 188 00:11:08,475 --> 00:11:08,745 Okay. 189 00:11:08,745 --> 00:11:12,195 You have to buy up this position or assume a position in gold. 190 00:11:12,555 --> 00:11:16,905 Well, for Australian dollar, if you're buying that currency, it has to come from 191 00:11:16,905 --> 00:11:18,615 somewhere and it comes from the bank. 192 00:11:19,035 --> 00:11:24,495 So if they are the liquidity provider for the price of Australian dollar, 193 00:11:24,675 --> 00:11:29,355 the central bank of Australia, if that bank is providing you the basis of the 194 00:11:29,355 --> 00:11:36,465 valuation on Australian dollars, they are essentially doing what they're the 195 00:11:36,465 --> 00:11:38,715 counterparty to all the large funds. 196 00:11:39,495 --> 00:11:43,785 Not always, not 100%, because he has all kinds of smaller entities 197 00:11:43,785 --> 00:11:46,935 and institutions that could take the other side of other positions. 198 00:11:46,935 --> 00:11:52,335 But from, for the most part view, open interest as every trade that the 199 00:11:52,605 --> 00:11:55,095 central bank is providing counterparts. 200 00:11:55,845 --> 00:11:58,485 Basically what a small brokerage firm would do with their own clients. 201 00:11:58,665 --> 00:12:00,225 They are the liquidity provider. 202 00:12:00,585 --> 00:12:03,135 Well, the central bank is the liquidity provider for Australian dollar. 203 00:12:04,155 --> 00:12:08,625 So if we see open interest increasing, what does that mean? 204 00:12:08,745 --> 00:12:11,535 That means the central bank is it's taking on risk. 205 00:12:12,135 --> 00:12:16,335 It's providing liquidity for buyers of Australian dollar. 206 00:12:17,985 --> 00:12:25,185 If open interest has a 15% or more drop or change lower like 207 00:12:25,185 --> 00:12:26,715 it does here, this is six. 208 00:12:26,985 --> 00:12:30,525 This is a very significant drop while prices sideways. 209 00:12:30,825 --> 00:12:35,415 This is bullish because what this is doing is every, every time open interest 210 00:12:35,444 --> 00:12:40,275 increases, it's indicating that they have now provided liquidity for a buyer. 211 00:12:41,475 --> 00:12:44,505 If they're not trying to provide liquidity for a buyer and they're trying 212 00:12:44,505 --> 00:12:48,525 to reduce their holding or exposure, that means that they're done doing 213 00:12:48,525 --> 00:12:51,525 what to offer liquidity to a buyer. 214 00:12:51,765 --> 00:12:52,635 They have to be a. 215 00:12:54,074 --> 00:12:59,685 Open interest reflects the selling side of a provider of liquidity. 216 00:13:00,855 --> 00:13:04,005 If this open interest declines aggressively like this, that's 217 00:13:04,005 --> 00:13:08,535 indicating they do not want to hold a heavy, short position. 218 00:13:08,535 --> 00:13:11,115 They would be having by being a provider for those that want 219 00:13:11,115 --> 00:13:12,405 to buy, I'll show you a dollar. 220 00:13:13,685 --> 00:13:17,324 You see it rally then, but look carefully. 221 00:13:17,685 --> 00:13:20,295 The extended trading range is months long. 222 00:13:20,625 --> 00:13:22,305 What's going on that whole time. 223 00:13:22,574 --> 00:13:25,905 From this point, here they start building in positions. 224 00:13:26,625 --> 00:13:30,135 They're selling this thing as it's creating higher highs, it's coming back. 225 00:13:30,465 --> 00:13:34,005 It's, they're selling more of a here and they're selling more of a here. 226 00:13:34,574 --> 00:13:38,175 Every peak in the open interest from the low it creates here. 227 00:13:38,805 --> 00:13:40,515 Every peak in it is a high. 228 00:13:41,175 --> 00:13:42,465 They sold more here. 229 00:13:43,215 --> 00:13:47,745 They sold more here, right at this high, they sold the most right there. 230 00:13:49,875 --> 00:13:50,985 They're selling into that. 231 00:13:51,885 --> 00:13:55,755 You don't get that from Lee Williams book, you do get him saying open inches 232 00:13:55,755 --> 00:13:59,265 increases we're in, we're in bear markets. 233 00:13:59,265 --> 00:14:02,655 And if we're in the consolidation, it tells you if we see open interest 234 00:14:02,655 --> 00:14:06,824 increasing and a consolidation, that means that the open inches is reflecting heavy 235 00:14:06,824 --> 00:14:09,135 net selling on the central bank level. 236 00:14:09,165 --> 00:14:11,235 That's how I'm viewing it for currency trading. 237 00:14:11,235 --> 00:14:13,785 But what he taught in his book was the commercial traders. 238 00:14:13,785 --> 00:14:17,385 The large commercial users are producers of the commodity. 239 00:14:17,985 --> 00:14:20,235 They're actually building in heavy, short positions. 240 00:14:20,535 --> 00:14:24,795 What I learned was by looking at open interest and matching up the highs to the 241 00:14:24,795 --> 00:14:27,975 peaks and open interest, you can actually see where they did their sell programs. 242 00:14:28,245 --> 00:14:31,845 That's a sell they're selling it here and in the very highest 243 00:14:31,845 --> 00:14:32,954 peak they sold it there. 244 00:14:33,345 --> 00:14:34,545 Now think about it. 245 00:14:34,964 --> 00:14:36,285 If they sold it there. 246 00:14:36,314 --> 00:14:38,145 And then we do have a market structure shift here. 247 00:14:38,444 --> 00:14:41,235 Are they going to hold on to their short positions? 248 00:14:42,015 --> 00:14:45,854 If they're naturally a hedger open interest is going to buy natural 249 00:14:46,005 --> 00:14:49,094 order of things reduce as it's going lower, because what are they doing? 250 00:14:49,244 --> 00:14:51,734 They're covering those short positions they built in here. 251 00:14:52,244 --> 00:14:54,944 That's what's happening all through this process of going lower. 252 00:14:55,785 --> 00:14:56,954 Open issues is declining. 253 00:14:56,984 --> 00:14:58,935 You don't get to talk in textbooks. 254 00:14:59,864 --> 00:15:03,765 It's showing you that they are in fact in a sell program and their profit taking 255 00:15:03,974 --> 00:15:07,994 as it's going lower, lower, lower, lower, lower openness is going to decline. 256 00:15:08,625 --> 00:15:11,594 Then we hit a level like this major support. 257 00:15:12,104 --> 00:15:16,305 Are they going to want to hold on to a heavy net short position by 258 00:15:16,305 --> 00:15:17,625 offering liquidity to the buyers? 259 00:15:17,954 --> 00:15:18,555 No way. 260 00:15:19,214 --> 00:15:23,954 How did they upset that they do rapid price declines that knocks the desire for 261 00:15:23,954 --> 00:15:28,064 buyers to want to move away and get out of their way, because they don't want to be a 262 00:15:28,064 --> 00:15:33,314 provider and buy, but for riding the sell side to buyers, they don't want that risk. 263 00:15:33,555 --> 00:15:36,255 And that's why they do these massive sell offs in price. 264 00:15:36,375 --> 00:15:39,464 You see these gig moves, it jumped down to specific levels and he 265 00:15:39,464 --> 00:15:40,545 can keep going lower and lower. 266 00:15:42,064 --> 00:15:45,905 They do that to take away and control sentiment on the, on the near term, 267 00:15:46,354 --> 00:15:47,854 you may have been bullish back here. 268 00:15:48,604 --> 00:15:53,344 Well, that goes away real quick when they do this and they would keep driving lower. 269 00:15:53,464 --> 00:15:56,584 All of a sudden, there's no support levels until you get down to 71 50, 270 00:15:57,574 --> 00:15:59,104 they know buyers are going to come in. 271 00:16:00,334 --> 00:16:02,704 So they have to reset and drop down quick. 272 00:16:02,854 --> 00:16:03,155 Boom. 273 00:16:03,155 --> 00:16:03,694 They reset. 274 00:16:03,694 --> 00:16:07,954 They'd take all their interest in being a sell side liquidity provider 275 00:16:08,285 --> 00:16:09,604 and drop it down to its lowest point. 276 00:16:10,295 --> 00:16:11,135 Why are they doing that? 277 00:16:11,944 --> 00:16:15,875 Because now their exposure is not here. 278 00:16:16,324 --> 00:16:20,765 Their exposure starts down here and they go back to that same cycle. 279 00:16:20,765 --> 00:16:23,885 Now everybody's dying to buy, buy, buy, buy, buy, and they will provide 280 00:16:23,885 --> 00:16:29,885 that liquidity because they've already profited down here from back here, back 281 00:16:29,885 --> 00:16:34,685 here and back here all in the last week of September, the mid point of October 282 00:16:34,805 --> 00:16:38,464 and the second week of November, where they sold and built in their bare spaces. 283 00:16:40,295 --> 00:16:46,775 The telltale sign is inside that support level at 71 50, dovetailing this with, 284 00:16:46,805 --> 00:16:51,515 if the data ranges and quarterly shifts, we know that this is most likely going 285 00:16:51,515 --> 00:16:56,344 to occur and move Aussie dollar up and go back into the charts and go back into what 286 00:16:56,344 --> 00:16:57,814 I was talking about for Australian dollar. 287 00:16:57,995 --> 00:16:59,525 I told you that it was going to go higher. 288 00:16:59,885 --> 00:17:01,354 This is not hindsight cherry picking. 289 00:17:01,655 --> 00:17:04,744 I'm telling you why I said these things and what was behind the 290 00:17:04,744 --> 00:17:06,365 scenes that I can't go through. 291 00:17:06,484 --> 00:17:07,625 I mean, look how much we're talking about it. 292 00:17:07,625 --> 00:17:11,585 Now, if I did this tiny talk on everything in every setup, every 293 00:17:11,585 --> 00:17:13,204 single day, I never get done. 294 00:17:13,204 --> 00:17:16,774 I'd never seen my wife and probably be divorced really quick, but 295 00:17:17,345 --> 00:17:19,415 these are the things that you're going to do in your own analysis. 296 00:17:19,444 --> 00:17:20,464 They won't take this long. 297 00:17:20,464 --> 00:17:23,375 Obviously you don't you'll know what you're looking for because of the 298 00:17:23,375 --> 00:17:28,955 teachings, but the mechanics behind it all is that 71 50 is support price on the 299 00:17:28,955 --> 00:17:35,555 weekly charts bounce there before we're in the low end of the range for the weekly. 300 00:17:36,095 --> 00:17:42,675 Um, Um, well, the lowest point, which has been in a long period of time, 301 00:17:42,735 --> 00:17:46,185 going back, go back to your weekly chart that showed here in your notes. 302 00:17:47,205 --> 00:17:50,595 And you'll see that that's the lowest it's been in recent time and the weekly chart. 303 00:17:50,595 --> 00:17:53,639 So therefore it would be reasonable to expect to see some bounces 71 304 00:17:53,639 --> 00:17:57,405 50, but I'm drawing your attention to that little area in December. 305 00:17:58,245 --> 00:18:03,435 That little massive really it's a massive decline in open interest 306 00:18:08,455 --> 00:18:09,085 right there. 307 00:18:09,475 --> 00:18:13,945 That purple line, when it tanked went low, real quick, like that that's 308 00:18:13,945 --> 00:18:18,325 the central bank getting rid of any of their remaining short position. 309 00:18:18,655 --> 00:18:19,675 So now they're, they're done. 310 00:18:19,705 --> 00:18:24,475 They completed their sell program first week of November, mid part of December. 311 00:18:25,135 --> 00:18:26,274 So now they're ready. 312 00:18:26,274 --> 00:18:28,345 They're prepared for buyers to come in. 313 00:18:29,245 --> 00:18:32,245 They have reset their self there's no exposure on the ups. 314 00:18:33,090 --> 00:18:35,730 Okay against them by holding heavy, heavy shorts. 315 00:18:36,030 --> 00:18:39,900 So now they can start offering that liquidity from a low end because 316 00:18:39,900 --> 00:18:47,580 they made their book from 77 50 all the way down to 71, 5600 pips. 317 00:18:48,150 --> 00:18:50,040 And believe me, they're moving size on all that. 318 00:18:51,210 --> 00:19:00,870 So from that point on, okay, we had that delineation on this candle or bar member 319 00:19:01,080 --> 00:19:06,150 earlier and looking back 20 trading days, we put you right about in here. 320 00:19:06,360 --> 00:19:07,710 That means the highs here. 321 00:19:08,370 --> 00:19:09,660 That's where they're going to run liquidity. 322 00:19:10,620 --> 00:19:12,450 That's where they're going to be seeking to take price. 323 00:19:13,080 --> 00:19:14,850 Now, what does this mean for Forex trading? 324 00:19:16,050 --> 00:19:16,230 All right. 325 00:19:16,230 --> 00:19:17,910 So this is what we've seen price do. 326 00:19:19,980 --> 00:19:24,630 Here's that 40 day cast forward day. 327 00:19:25,260 --> 00:19:26,190 That's the very day. 328 00:19:26,250 --> 00:19:29,520 And this is that down candle or down open high, low close candle. 329 00:19:29,520 --> 00:19:30,420 And that small little one. 330 00:19:30,720 --> 00:19:31,130 And then here. 331 00:19:31,889 --> 00:19:36,449 The last one or the 40 day look forward from the 1st of November, price goes 332 00:19:36,540 --> 00:19:42,899 higher from there, creates a down candle price moves above that candle here. 333 00:19:43,260 --> 00:19:44,459 This becomes a bullshitter box. 334 00:19:44,459 --> 00:19:47,490 So if price was to ever come back down and we could be a buyer there, I 335 00:19:47,490 --> 00:19:50,699 said, we like to see some bullishness on this candle here because we 336 00:19:50,699 --> 00:19:52,110 were on the left side of the curve. 337 00:19:52,379 --> 00:19:53,669 This is all the sell side. 338 00:19:54,090 --> 00:19:56,250 Now, if they're going to be bullish, you're going to go look over here. 339 00:19:56,300 --> 00:20:00,209 Every down candle, there should be some bullishness in here. 340 00:20:00,240 --> 00:20:02,850 We saw some of that and they have a down candle here. 341 00:20:03,929 --> 00:20:07,439 If we had a retracement, I would like to see it price, come back down here. 342 00:20:07,620 --> 00:20:10,320 I would be a buyer that was a potential scenario that could 343 00:20:10,320 --> 00:20:12,149 have unfolded if it didn't. 344 00:20:12,149 --> 00:20:16,080 And we blew out the high of this candle, this down candle is going to 345 00:20:16,080 --> 00:20:17,280 be the new bullish shoulder block. 346 00:20:18,240 --> 00:20:22,620 So it's high comes in at 73 50 price comes down, hits it here yesterday, 347 00:20:23,010 --> 00:20:26,280 find some sensitivity there and expands up and closes in the range. 348 00:20:26,760 --> 00:20:30,240 The context of the move for Australian dollar was I was not bearish. 349 00:20:30,300 --> 00:20:30,750 I'll show you that. 350 00:20:31,635 --> 00:20:35,445 I did not have you set up to expect lower prices on Australian dollar. 351 00:20:35,985 --> 00:20:38,835 We were looking for this thing to come up here and close in this range and 352 00:20:38,835 --> 00:20:40,605 potentially up into this bearish or block. 353 00:20:41,054 --> 00:20:45,284 And it's now confirmed that it wants to go higher relative to 354 00:20:45,284 --> 00:20:46,125 the things that we just said. 355 00:20:46,635 --> 00:20:50,294 Based on that we take chart and described on the futures 356 00:20:50,294 --> 00:20:52,395 contract on its own daily chart. 357 00:20:52,995 --> 00:20:58,004 We had a mean threshold of the range from this candles open to this candles close. 358 00:20:58,455 --> 00:20:59,955 That's what this range is here. 359 00:21:00,375 --> 00:21:01,544 We've moved through that. 360 00:21:01,784 --> 00:21:04,455 So now what is it indicating he wants to go higher. 361 00:21:04,725 --> 00:21:05,835 What's it going to reach for? 362 00:21:05,895 --> 00:21:10,365 It's going to look for a clear run above this high here, because that's 363 00:21:10,365 --> 00:21:11,504 where the buyer stops arresting. 364 00:21:12,195 --> 00:21:16,065 They're not going to take it just to this level here and be satisfied if they don't 365 00:21:16,075 --> 00:21:20,415 allow this move to take place, they're going to punch it through equal highs. 366 00:21:20,715 --> 00:21:22,004 Now I know you're saying you're free. 367 00:21:22,065 --> 00:21:26,325 If you're new and you haven't really paid too much attention to equalize 368 00:21:26,325 --> 00:21:28,365 and egos, and you're only looking for. 369 00:21:29,774 --> 00:21:31,575 Perfect equal candle height. 370 00:21:31,875 --> 00:21:34,095 This is in my opinion, this is equal level. 371 00:21:34,304 --> 00:21:39,495 It's so close to one another, in terms of proximity, if you look at the buyers 372 00:21:39,495 --> 00:21:40,665 of the cam, there are almost the same. 373 00:21:42,895 --> 00:21:43,495 I mean, look at that. 374 00:21:43,524 --> 00:21:45,715 I mean, we have the openness candle and the clothes on this 375 00:21:45,715 --> 00:21:46,825 candle, a sense of the same thing. 376 00:21:46,855 --> 00:21:48,115 We only have this one little wick. 377 00:21:48,625 --> 00:21:52,195 So the liquidity really is above here. 378 00:21:53,605 --> 00:21:57,415 And in my opinion, it's going to go above this level here is that 379 00:21:57,415 --> 00:22:01,524 puts us around that 75, 70 to 75 anyway, level, like we talked about 380 00:22:01,735 --> 00:22:03,085 relative to that weekly chart. 381 00:22:04,465 --> 00:22:08,845 So taking this information and applying it to your charts, it 382 00:22:08,935 --> 00:22:12,655 helps you map out while you have areas where yes, this could happen. 383 00:22:12,725 --> 00:22:16,495 We could trade down here, but if we, if it did, we were buying, we would 384 00:22:16,495 --> 00:22:17,965 be expecting to be a buyer down here. 385 00:22:18,534 --> 00:22:19,195 It may not have. 386 00:22:20,025 --> 00:22:24,135 They may allow price to keep ongoing and give you no real retracement, but 387 00:22:24,135 --> 00:22:27,165 you still had reference points to be watching and monitoring going forward. 388 00:22:27,195 --> 00:22:28,425 This was the new down candle. 389 00:22:28,845 --> 00:22:29,145 Okay. 390 00:22:29,155 --> 00:22:30,275 It's going to be a bullish shorter box. 391 00:22:30,275 --> 00:22:32,685 So therefore we should not see this candle giveaway. 392 00:22:33,015 --> 00:22:35,985 If it trades through it, it did it traded above the tie. 393 00:22:36,254 --> 00:22:38,445 So now this has become the support level. 394 00:22:38,865 --> 00:22:42,585 This level is where the banks are going to look to defend it on the 395 00:22:42,585 --> 00:22:44,745 downside to any movement into it. 396 00:22:44,745 --> 00:22:50,265 Like we see here, this candle trades into the body and quickly rejects the next day. 397 00:22:50,295 --> 00:22:52,305 It opens trades down, hits the bodies. 398 00:22:52,605 --> 00:22:56,835 I'm sorry, the candle it's high it's 73 55 goes a little bit below. 399 00:22:57,075 --> 00:23:01,335 Look at the low 73 52 and only one, three pips below the 400 00:23:01,335 --> 00:23:02,655 level we would be watching for. 401 00:23:02,925 --> 00:23:04,665 And then look at the address of move through it. 402 00:23:04,995 --> 00:23:09,915 Trading in delivering price would a bullish side of price buy-side delivery. 403 00:23:10,575 --> 00:23:16,845 We had all down movement here between 74 34 and 73 80 crisis. 404 00:23:22,735 --> 00:23:25,885 From 73 to 74 34 yesterday. 405 00:23:28,504 --> 00:23:29,405 So having that, 406 00:23:36,754 --> 00:23:42,905 having that move from 73 80 to 74 34, it closed in that fair value gap that 407 00:23:42,905 --> 00:23:48,004 we've, we've been monitoring that occurred in December, 2016 and then price 408 00:23:48,004 --> 00:23:50,014 has moved through the means threshold. 409 00:23:51,485 --> 00:23:59,014 It's obvious that we'll see a move above that 75, 25 level, how much further, 410 00:23:59,405 --> 00:24:01,865 like I said, 75 80 looks likely. 411 00:24:02,585 --> 00:24:06,004 And if we do that, we can really make a run all the way up into. 412 00:24:15,094 --> 00:24:20,705 76, I'd say 76, 50. 413 00:24:20,885 --> 00:24:23,915 So 76 fifties and likely upside objective. 414 00:24:23,945 --> 00:24:25,445 If we get really rolling higher. 415 00:24:25,925 --> 00:24:30,784 But apart from that, uh, that that was the, uh, the DNA or anatomy, if 416 00:24:30,784 --> 00:24:34,594 you will, why they all show you in dollar mood up, why we were expecting 417 00:24:34,594 --> 00:24:39,334 bullishness on it, uh, behind the scenes, these higher timeframe ideas 418 00:24:39,364 --> 00:24:43,955 that you're learning, you have to learn to trust them on these monthly, weekly, 419 00:24:43,955 --> 00:24:47,735 and daily and applying open interest to levels that you would expect to see 420 00:24:47,735 --> 00:24:50,975 bullishness and every three months. 421 00:24:51,935 --> 00:24:52,324 Okay. 422 00:24:52,324 --> 00:24:54,274 And this is the last point, and then we're going to close. 423 00:24:54,304 --> 00:24:59,854 Today's teaching the point at which these three month, four month 424 00:24:59,885 --> 00:25:01,864 moves to take place every quarter. 425 00:25:01,864 --> 00:25:04,455 There's a major shift in market. 426 00:25:05,580 --> 00:25:09,330 And while that may not undo the long-term bullish or bearish moves, 427 00:25:10,170 --> 00:25:13,710 they are executable in a way where you can make great deal of money. 428 00:25:13,920 --> 00:25:18,570 You can take a lot of money out of positions if you're properly aligned. 429 00:25:19,380 --> 00:25:23,010 If you are not aware of these, they will take you by surprise. 430 00:25:23,010 --> 00:25:24,270 And you're like, where'd this come from? 431 00:25:24,600 --> 00:25:29,640 You know, there's, you know, there's no worse feeling than expecting a 432 00:25:29,640 --> 00:25:34,710 move, the go hard one direction and it see it, do something like this. 433 00:25:34,860 --> 00:25:38,790 Like for instance, you're looking at, uh, this move here and say you were 434 00:25:39,550 --> 00:25:43,560 a Fibonacci trader, not necessarily optimal trade entry, but say you 435 00:25:43,560 --> 00:25:47,370 were a Fibonacci trader and you saw the 50 level here and there's a guy 436 00:25:47,370 --> 00:25:52,140 on baby pips that makes a name for himself on trading at 50 level a fibs. 437 00:25:53,010 --> 00:25:57,950 And I use that as equilibrium, but you could be looking at that. 438 00:25:57,970 --> 00:25:58,260 Okay. 439 00:25:58,260 --> 00:25:58,530 Yeah. 440 00:25:58,560 --> 00:26:00,690 And this day you would have probably felt good about the whole idea of 441 00:26:00,690 --> 00:26:02,250 being embarrassed on Australians. 442 00:26:03,690 --> 00:26:06,000 Not by what we've been talking about. 443 00:26:06,180 --> 00:26:08,130 I mean, we mapped out very specific. 444 00:26:08,130 --> 00:26:13,470 We even talk about that very day being bullish, but in the retail mind this 445 00:26:13,470 --> 00:26:16,920 whole day right here, that would look like, okay, well we have a double top. 446 00:26:16,920 --> 00:26:19,410 Now it's at a 50 level on the fed. 447 00:26:19,710 --> 00:26:22,250 It's going to go down and trade down below here, or I'll do, 448 00:26:22,320 --> 00:26:24,330 I'll do an ABCD type move. 449 00:26:24,330 --> 00:26:29,280 And I'll be looking for seventies on the Australian dollar that's retail thinking. 450 00:26:29,820 --> 00:26:32,310 We were not thinking that at all, we're mapping that candle 451 00:26:32,310 --> 00:26:33,870 out as a reason to be a buyer. 452 00:26:34,620 --> 00:26:38,010 So the things you're learning is completely diametrically opposed to those 453 00:26:38,010 --> 00:26:39,420 things that you learned in retail world. 454 00:26:40,170 --> 00:26:43,740 And it's like that because we have to capitalize on those ideas because these 455 00:26:43,740 --> 00:26:46,470 things permeate, large fund trading. 456 00:26:46,800 --> 00:26:49,470 Whereas the buy stocks where the sell stops, it's the same way human 457 00:26:49,470 --> 00:26:50,670 nature is going to repeat itself. 458 00:26:51,120 --> 00:26:55,380 Every large fund trader starts as a low end trader, just like you are right now. 459 00:26:55,860 --> 00:26:57,630 Just like I started grassroots. 460 00:26:57,630 --> 00:26:59,130 We all start from the same place. 461 00:26:59,320 --> 00:27:01,950 The beginning, no one becomes a large fund. 462 00:27:02,730 --> 00:27:07,200 Managing billions and millions of dollars because you just felt 463 00:27:07,200 --> 00:27:08,070 like you wanted to do it today. 464 00:27:08,550 --> 00:27:09,510 Try it, try it today. 465 00:27:09,510 --> 00:27:13,140 If you're successful today, try to get a large fund traders position. 466 00:27:13,140 --> 00:27:14,340 By the end of the month, you can do that. 467 00:27:14,370 --> 00:27:15,900 I'll send you $1 million through PayPal. 468 00:27:16,920 --> 00:27:18,030 You have to do some things. 469 00:27:18,030 --> 00:27:20,010 You got to prove you can trade. 470 00:27:20,370 --> 00:27:20,640 Okay. 471 00:27:20,640 --> 00:27:23,220 And you have to go through a lot of, uh, Rick MRO, if you will. 472 00:27:23,300 --> 00:27:28,830 If my, if I can put my grandmother to get to that position and you have to prove 473 00:27:28,830 --> 00:27:30,540 yourself, it doesn't happen by accident. 474 00:27:30,750 --> 00:27:34,950 So if they are doing the very things they did as a regular trader, but they 475 00:27:34,950 --> 00:27:36,570 still have to do things with guidelines. 476 00:27:36,690 --> 00:27:37,110 Okay. 477 00:27:37,800 --> 00:27:43,470 Then it's common sense that their, their stops are going to be right where everyone 478 00:27:43,470 --> 00:27:47,610 else is going to be placing their stops, but they have a lot more money at risk. 479 00:27:48,390 --> 00:27:50,340 They have exposure that you don't have. 480 00:27:50,550 --> 00:27:53,490 You're trading micro lots and many lots, and all these other things. 481 00:27:53,850 --> 00:27:57,600 And I'm not trying to disparage you, or you talk down to you because I started 482 00:27:57,600 --> 00:27:58,860 the same way I started with small. 483 00:27:59,985 --> 00:28:01,155 But they don't see you. 484 00:28:01,155 --> 00:28:04,965 You're not even a blip on the radar screen, but they do see these large 485 00:28:04,995 --> 00:28:09,435 pending orders above old highs and below lows in the last 68 in the 486 00:28:09,435 --> 00:28:12,015 last 40 days in the last 20 days. 487 00:28:12,435 --> 00:28:16,875 And then once you find a time marker where you can delineate when there's 488 00:28:16,875 --> 00:28:21,315 a shift that has taken place, or when you cast forward 60 days at that 489 00:28:21,315 --> 00:28:25,185 moment, you know, in the future 60 days from that last market structure 490 00:28:25,185 --> 00:28:29,115 shift quarterly, you know that that's a delineation in the, in the future. 491 00:28:29,595 --> 00:28:33,465 So you can already anticipate a significant move 20 days from that one 492 00:28:33,705 --> 00:28:37,515 back from it, which would be not 40 days. 493 00:28:38,685 --> 00:28:44,715 It would be 20 days back from that new market, uh, delineation. 494 00:28:44,715 --> 00:28:48,585 So for one saying is, is by having these things on your chart, you'll be able to 495 00:28:48,585 --> 00:28:52,725 look back wards and forwards and looking for the range is just like the APTA 496 00:28:53,205 --> 00:28:57,795 algorithm will look for where the most recent 20 day, 40 day and 60 day style. 497 00:28:58,980 --> 00:29:03,360 If they have been cleared out on both sides of the marketplace, once they have 498 00:29:03,360 --> 00:29:08,400 been wiped out and we're in equilibrium, you have to look at where the next range 499 00:29:08,400 --> 00:29:11,010 high and low is outside of the last 20. 500 00:29:11,210 --> 00:29:15,270 I'm sorry, last 60 days that will tell you where the next big 501 00:29:15,270 --> 00:29:16,410 significant move is going to be. 502 00:29:17,010 --> 00:29:19,470 And if you combine that with weekly and monthly charts, 503 00:29:20,160 --> 00:29:21,360 it's almost like a no brainer. 504 00:29:21,420 --> 00:29:22,770 You just have to wait for it to happen. 505 00:29:23,129 --> 00:29:24,570 It takes time for that to unfold. 506 00:29:24,960 --> 00:29:28,830 And most of us by human nature are not patient we're inpatient. 507 00:29:29,160 --> 00:29:33,120 Some of the folks that have left this mentorship or classic scenarios 508 00:29:33,120 --> 00:29:34,800 of that, they just impatient. 509 00:29:34,830 --> 00:29:36,240 They want to know it right away. 510 00:29:36,240 --> 00:29:37,740 They wanted to learn it all in one month. 511 00:29:38,100 --> 00:29:39,690 You know, they'd stuck it out for the second month. 512 00:29:39,780 --> 00:29:41,400 Third month, the fourth month, it was too much. 513 00:29:41,910 --> 00:29:42,629 I can't wait for it. 514 00:29:42,690 --> 00:29:43,379 I got to go, okay. 515 00:29:43,440 --> 00:29:46,710 I just got to toss it in and there'll be no regret. 516 00:29:46,710 --> 00:29:47,370 The rest of their life. 517 00:29:47,760 --> 00:29:48,210 Trust me. 518 00:29:48,210 --> 00:29:48,870 They're going to regret it. 519 00:29:48,900 --> 00:29:52,170 When they look back, they're going to feel like they've missed an 520 00:29:52,170 --> 00:29:53,430 opportunity of a lifetime and they have. 521 00:29:54,435 --> 00:29:55,425 What you're learning. 522 00:29:55,785 --> 00:29:58,425 You're not going to get that from anywhere else, but it's going 523 00:29:58,425 --> 00:29:59,745 to require you to work for it. 524 00:30:00,345 --> 00:30:02,745 I'm going to put your nose right where you need to be focusing, 525 00:30:03,345 --> 00:30:07,514 but I cannot take away the lessons that by studying, it will give you 526 00:30:07,845 --> 00:30:09,795 that has to happen by you doing it. 527 00:30:10,245 --> 00:30:11,835 And if you can't be here in the live sessions, they're 528 00:30:11,835 --> 00:30:13,215 recorded, it's the same thing. 529 00:30:13,395 --> 00:30:15,465 There's nothing different by watching the recording. 530 00:30:16,545 --> 00:30:20,955 When we leave January's content, we're going to be applying all these things. 531 00:30:20,955 --> 00:30:24,075 So that way, when you start looking at me doing short-term trading and 532 00:30:24,375 --> 00:30:28,545 weekly one shot, one kill setups, and then we go deeper into the mentorship. 533 00:30:28,575 --> 00:30:32,655 When we start going back into intraday trading, you'll see all these things 534 00:30:32,685 --> 00:30:37,335 are the reasons why I'm being a buyer or a seller in London open, or a buyer 535 00:30:37,335 --> 00:30:40,785 and seller in New York session and why these levels I'm keying off of and 536 00:30:40,785 --> 00:30:44,385 telling you everything that you saw us doing in the September month, where 537 00:30:44,385 --> 00:30:47,295 we were nailing it, highs and lows with the market was done almost daily. 538 00:30:48,405 --> 00:30:51,315 All that was was me applying what I just showed you in this. 539 00:30:52,590 --> 00:30:55,169 I think go through all the mechanics behind it all. 540 00:30:55,469 --> 00:30:58,169 I just knew it and applied it and just talked about it. 541 00:30:58,169 --> 00:31:00,600 Just, you know, whatever this is, what's going on. 542 00:31:01,500 --> 00:31:03,479 And it gives you a great deal of confidence. 543 00:31:03,689 --> 00:31:08,189 And for some of you, it will create, uh, an air of arrogance. 544 00:31:08,429 --> 00:31:12,810 Don't let that become, don't let it define you, but you definitely 545 00:31:12,810 --> 00:31:15,060 will have a level of confidence. 546 00:31:15,149 --> 00:31:18,449 It goes through the roof because you're gonna know with a great deal 547 00:31:18,510 --> 00:31:24,989 of trust that the market is trying to get to a level for a real reason. 548 00:31:25,500 --> 00:31:26,729 And it's being manipulated. 549 00:31:26,729 --> 00:31:27,540 It's being controlled. 550 00:31:27,540 --> 00:31:29,070 It's being driven there. 551 00:31:29,100 --> 00:31:35,370 It has no other way of operating, except for over time price. 552 00:31:35,370 --> 00:31:37,679 We'll agree on a level. 553 00:31:37,679 --> 00:31:42,209 That's arrived at what APTA is seeking last 60 days. 554 00:31:42,209 --> 00:31:44,760 Where's the high and the low, last 40 days. 555 00:31:44,760 --> 00:31:47,040 Where's the high and the low, last 20 days. 556 00:31:47,040 --> 00:31:49,290 Where's the high and the low that's where your liquidity. 557 00:31:50,355 --> 00:31:50,715 Okay. 558 00:31:50,955 --> 00:31:53,445 Last 20 days, where is the gaps? 559 00:31:54,645 --> 00:31:56,685 Where are the gaps in the last 40 days? 560 00:31:57,345 --> 00:32:00,075 Whereas the gaps in the last 60 days, that's where all 561 00:32:00,075 --> 00:32:01,215 your fair value levels are. 562 00:32:05,365 --> 00:32:05,805 Think about it. 563 00:32:05,815 --> 00:32:08,545 What's where's the consolidations in the last 20 days, the last 40 days. 564 00:32:08,545 --> 00:32:11,485 And last 60 days, that's where your equilibrium price points are going to be. 565 00:32:12,265 --> 00:32:15,535 When the market isn't going to move, it's going to gravitate and hang it. 566 00:32:15,535 --> 00:32:16,195 Those levels. 567 00:32:17,035 --> 00:32:20,575 When you see me say, I'm not doing it today, the market's going to be sideways. 568 00:32:20,695 --> 00:32:24,625 And you're all like, well, how'd, you know that this what I just taught you 569 00:32:24,625 --> 00:32:27,445 today, how to use the data ranges. 570 00:32:27,715 --> 00:32:30,055 Hells tells you what you should be doing. 571 00:32:30,385 --> 00:32:32,755 Should you be expecting range expansion on the upside? 572 00:32:33,445 --> 00:32:35,425 What should you be expecting range expansion on the downside 573 00:32:35,785 --> 00:32:37,075 that is directional bias. 574 00:32:37,105 --> 00:32:39,085 That's are you bullish today or are you bear. 575 00:32:40,795 --> 00:32:46,015 If you are not in a range where it's going to expand and you're hanging 576 00:32:46,015 --> 00:32:50,035 around equilibrium in the last 20 days, the last 40 days in the last 60 days. 577 00:32:50,035 --> 00:32:53,305 In other words, what that looks like if you go back 60 days and you see 578 00:32:53,335 --> 00:32:56,455 where the price has made a small little trading range, divide that 579 00:32:56,455 --> 00:32:57,835 range in half that's equilibrium. 580 00:32:58,255 --> 00:33:01,825 If your price right now, today is this hanging around in dollar 581 00:33:01,825 --> 00:33:02,905 index is not trying to move. 582 00:33:03,085 --> 00:33:04,465 It's probably going to be a Z day. 583 00:33:04,525 --> 00:33:06,745 That means it's going to go up a little bit down a little bit and hang around in 584 00:33:06,745 --> 00:33:11,155 the middle of range until it gets some kind of manipulation what's going to 585 00:33:11,155 --> 00:33:15,055 cause that high impact news, which is the reason why I started you in September, 586 00:33:15,205 --> 00:33:20,425 looking at the high impact, medium impact news events for the week, draw all those 587 00:33:20,425 --> 00:33:24,205 things together, everything that you've been exposed to so far for the mentorship, 588 00:33:24,535 --> 00:33:29,935 draw all those things together and apply the, if the data ranges now, all of 589 00:33:29,935 --> 00:33:31,345 you are trying to over-complicate it. 590 00:33:31,345 --> 00:33:34,465 And it's probably my fault because of the way I taught it. 591 00:33:34,765 --> 00:33:36,955 And believe me, it's a lot of things that. 592 00:33:38,010 --> 00:33:42,959 It's not simply 60, 40, and 20, and therefore everything on locks, you 593 00:33:42,959 --> 00:33:47,580 have to use those ranges, looking back and see where the highs and lows are, 594 00:33:47,850 --> 00:33:51,629 where the gaps are, where the fair value gaps are, where equilibrium is. 595 00:33:52,469 --> 00:33:54,989 And it'll tell you where the institutional reference points are. 596 00:33:57,350 --> 00:34:01,340 It's up to you to execute on them when they get to those levels based on 597 00:34:01,340 --> 00:34:04,760 what a weekly chart and daily chart is indicating bullish and preparedness, 598 00:34:05,659 --> 00:34:09,080 just because it goes above an old high doesn't mean it's a cell. 599 00:34:09,259 --> 00:34:11,509 It could be the confirmation. 600 00:34:11,509 --> 00:34:13,880 It's going to go to the next by stock level above it. 601 00:34:14,929 --> 00:34:18,739 That's the next stage of January is content where we start building the ideas 602 00:34:18,739 --> 00:34:22,699 of okay, using a monthly and the weekly and a daily chart, nothing less than that. 603 00:34:23,810 --> 00:34:24,739 What do we do? 604 00:34:25,040 --> 00:34:25,940 What do we look for? 605 00:34:25,969 --> 00:34:26,839 What's the process? 606 00:34:26,839 --> 00:34:29,239 What sets up the trades on these timeframes? 607 00:34:29,239 --> 00:34:33,889 Because if we can identify improve that this is what goes on in. 608 00:34:34,815 --> 00:34:38,025 If that does these types of things that are repeating phenomenon, 609 00:34:38,625 --> 00:34:43,245 going back to our algorithm idea and computer program analogy. 610 00:34:44,235 --> 00:34:49,005 If, if the nose simply by going back what's today's date, everybody 611 00:34:49,005 --> 00:34:50,125 knows what today's date is. 612 00:34:50,125 --> 00:34:54,135 It's January 12th, 2017, the computer program that can gab 613 00:34:54,345 --> 00:34:55,665 can gather that information. 614 00:34:55,875 --> 00:34:56,264 Okay. 615 00:34:56,415 --> 00:35:01,305 So what's 60 days from that backwards in time. 616 00:35:01,695 --> 00:35:02,115 Okay. 617 00:35:02,385 --> 00:35:06,105 Then the hour the algorithm was simply said, okay, what's the highest value 618 00:35:06,165 --> 00:35:08,325 of that asset that it traded to. 619 00:35:08,745 --> 00:35:09,135 Okay. 620 00:35:09,165 --> 00:35:09,615 Right there. 621 00:35:09,735 --> 00:35:11,625 So now I need to go back up to that level. 622 00:35:13,645 --> 00:35:14,305 That's what it's going to do. 623 00:35:14,875 --> 00:35:19,945 It's going to go up there to allow the bank traders, to position themselves. 624 00:35:20,125 --> 00:35:25,465 Once it gets close to that level, then the bank level and broker level interventions 625 00:35:25,465 --> 00:35:30,835 and manipulations can come in, but that the broker is not going to jump. 626 00:35:31,015 --> 00:35:32,595 You're spread 50 to a hundred. 627 00:35:34,060 --> 00:35:37,030 The central bank has to get it in close proximity to these levels. 628 00:35:37,420 --> 00:35:40,900 Then the lower level manipulation that takes place in broker level. 629 00:35:41,350 --> 00:35:44,250 That's when that happens, but your broker is not killing you and 630 00:35:44,260 --> 00:35:46,900 wiping you out with 50 PIP swings. 631 00:35:46,900 --> 00:35:47,650 That doesn't happen. 632 00:35:47,920 --> 00:35:52,900 It has to allow price to be driven there, and that's all central bank level. 633 00:35:54,610 --> 00:35:59,170 So I threw a lot at you today, children, uh, hopefully I haven't confused of 634 00:35:59,170 --> 00:36:03,280 you, hopefully, uh, given more clarity, um, you're going to see examples when 635 00:36:03,280 --> 00:36:04,750 we actually using this information. 636 00:36:05,200 --> 00:36:07,360 Um, but I have to give it to you conceptually first. 637 00:36:07,810 --> 00:36:12,160 So that way I won't be inundated with a million questions about 638 00:36:12,190 --> 00:36:13,270 why did you put a line here? 639 00:36:13,270 --> 00:36:13,540 Watch it. 640 00:36:13,750 --> 00:36:17,590 You'll know why I'm doing it because I, when I explain it based on what 641 00:36:17,890 --> 00:36:23,020 we've talked about here and what I've shown in the lesson, 1 0 1 0.1 for 642 00:36:23,020 --> 00:36:26,830 January, it'll, it'll start making sense because we're not just going to do this 643 00:36:26,830 --> 00:36:28,180 one time and never come back to it. 644 00:36:28,450 --> 00:36:30,370 We're going to be doing this throughout the month. 645 00:36:31,290 --> 00:36:37,890 And if you, I'm not saying you should, but when I start to signal service in 646 00:36:37,890 --> 00:36:43,080 the winter of 2017, um, you'll know why I'm dealing with certain signals. 647 00:36:43,109 --> 00:36:46,290 Then if you, if you're able to watch it, some of you would probably 648 00:36:46,950 --> 00:36:49,529 want just to see what, you know, what I'm doing, just to see how 649 00:36:49,529 --> 00:36:50,609 it lines up with what you learn. 650 00:36:50,609 --> 00:36:55,049 But the, uh, the signals are all gonna be based on what you're seeing here. 651 00:36:55,740 --> 00:36:57,990 And it's why they're going to be so good. 652 00:36:57,990 --> 00:36:59,940 That's why September was so powerful. 653 00:37:00,180 --> 00:37:03,240 I had to show you that, yes, we can read price. 654 00:37:03,240 --> 00:37:04,200 It's very predictable. 655 00:37:04,770 --> 00:37:07,620 And if it's that predictable on the short term, then it has to be that 656 00:37:07,620 --> 00:37:08,850 predictable in the higher timeframe. 657 00:37:09,720 --> 00:37:16,859 And you see now that it can be it's all time and price, time and price. 658 00:37:17,370 --> 00:37:20,460 Time is date on the higher timeframe. 659 00:37:20,700 --> 00:37:23,790 It's not time of day it's date, calendar day. 660 00:37:24,735 --> 00:37:26,745 And the calendar days that the markets trade. 661 00:37:27,315 --> 00:37:30,765 So if we know that the range of 20, 40, and 60 days that the algorithm will 662 00:37:30,765 --> 00:37:34,605 look back then, you know, what high and low do you need to be focusing on? 663 00:37:35,415 --> 00:37:39,645 If market structure is bearish, was that tell you where's the low in the last 664 00:37:39,645 --> 00:37:44,565 20 days, whereas the low, last 40 days worth of, well, the last 60 days, that's 665 00:37:44,565 --> 00:37:45,585 where it's going to be reaching for. 666 00:37:45,585 --> 00:37:48,105 It's looking for that sell side liquidity below those lows. 667 00:37:48,884 --> 00:37:55,305 What happens if it has to lower lows to haven't been traded to, and it 668 00:37:55,305 --> 00:37:59,595 trades down below the one in the last 20 days, it takes that low out and it's 669 00:37:59,595 --> 00:38:02,415 a lower, low 60 days in that range. 670 00:38:02,415 --> 00:38:05,745 60 days back, there's a low and you know that it's probably 671 00:38:05,745 --> 00:38:06,525 going to go down, but empathy. 672 00:38:06,525 --> 00:38:09,975 It doesn't go down there and it rejects and it breaks market structure balls. 673 00:38:10,035 --> 00:38:10,725 What does that tell you? 674 00:38:12,105 --> 00:38:12,765 You have a quarterly. 675 00:38:13,620 --> 00:38:17,399 Now it's bullish FA star finding the highs in the last 20 days, 676 00:38:17,560 --> 00:38:19,049 last 40 days in the last 60 days. 677 00:38:19,230 --> 00:38:21,960 And you'll know if this dealing, it's going to draw price up to them. 678 00:38:22,200 --> 00:38:24,450 Everyone else is going to be looking at retail thinking, okay, 679 00:38:24,600 --> 00:38:25,799 this is a trend that's downtrend. 680 00:38:25,890 --> 00:38:28,020 And they're gonna look for that old, low, 60 days out. 681 00:38:28,230 --> 00:38:30,180 Not because they're doing what we're doing, but they're going to 682 00:38:30,180 --> 00:38:33,660 see classic support, resistance ideas, and they hold onto it. 683 00:38:33,750 --> 00:38:37,020 They married the idea it's given, going to get that spin going down. 684 00:38:37,020 --> 00:38:40,410 So therefore it must continuously keep going down and they just watch 685 00:38:40,419 --> 00:38:41,669 the market grind against them. 686 00:38:41,669 --> 00:38:43,799 And all of a sudden, we see what we're seeing in the chart right now. 687 00:38:44,069 --> 00:38:44,850 I'll show you in dollar. 688 00:38:44,879 --> 00:38:45,480 What happened? 689 00:38:46,529 --> 00:38:47,100 What happened? 690 00:38:48,509 --> 00:38:50,160 Look, look at the pharmacist refund today. 691 00:38:50,580 --> 00:38:52,049 What happened in Australian dollar? 692 00:38:52,950 --> 00:38:55,290 I haven't been there yet, but I'm just prophesied. 693 00:38:56,009 --> 00:38:57,149 They're probably saying, well, what happened? 694 00:38:57,160 --> 00:38:58,080 Australian dollar? 695 00:38:59,250 --> 00:39:01,470 Well, you all know what's happened in Australian dollar. 696 00:39:01,529 --> 00:39:02,609 We talked about this before. 697 00:39:02,609 --> 00:39:04,350 The fact why it's trading here. 698 00:39:04,350 --> 00:39:04,649 Why. 699 00:39:06,150 --> 00:39:07,980 And now, you know, the mechanics behind the same. 700 00:39:07,980 --> 00:39:13,290 What, what led me to believe that this 74 34 was likely the mean threshold was, 701 00:39:13,410 --> 00:39:19,950 uh, um, uh, upside objective and why this currency is a leadership currency. 702 00:39:19,980 --> 00:39:21,180 Why that focus on this one? 703 00:39:21,420 --> 00:39:24,240 Why, uh, why was I talking about this one and not the New Zealand dollar? 704 00:39:25,320 --> 00:39:26,970 That's a study for you this week as well. 705 00:39:27,840 --> 00:39:30,990 Share that with me on the forum. 706 00:39:31,259 --> 00:39:34,590 Show me what you discovered by contrast in the price action. 707 00:39:34,620 --> 00:39:37,170 This, like, we just did it here for all the dollar. 708 00:39:37,650 --> 00:39:41,220 Do the same thing with New Zealand, do same thing with 709 00:39:41,220 --> 00:39:43,740 Euro, do it with the cable. 710 00:39:45,330 --> 00:39:46,890 You have to practice folks. 711 00:39:46,950 --> 00:39:51,120 If you only do the things I'm only showing you, you're cheating yourself 712 00:39:51,180 --> 00:39:53,220 of all kinds of learning opportunity. 713 00:39:53,610 --> 00:39:56,910 The time that you have together, believe me. 714 00:39:56,970 --> 00:39:59,430 You want to maximize, and there's some of you have businesses. 715 00:39:59,430 --> 00:40:02,279 Some of you have family obligations, and this is a long-winded session. 716 00:40:03,195 --> 00:40:05,565 You know, we only have two of them a week, so suck it up. 717 00:40:06,555 --> 00:40:09,255 The, uh, there's so much information. 718 00:40:09,255 --> 00:40:12,645 I, I literally have 20 years of information. 719 00:40:12,675 --> 00:40:13,905 I'm trying to share with you. 720 00:40:14,445 --> 00:40:20,265 And it's a lot of information, but this information still has to be practiced. 721 00:40:20,535 --> 00:40:21,765 You have to implement it in your truck. 722 00:40:21,765 --> 00:40:22,515 You have to look for it. 723 00:40:22,515 --> 00:40:23,625 You have to see it in your charts. 724 00:40:24,075 --> 00:40:30,615 If you're not going to do that, this is going to be, uh, it's not going to 725 00:40:30,615 --> 00:40:32,385 be, uh, chanting for you to be here. 726 00:40:32,895 --> 00:40:33,415 You're you're. 727 00:40:33,435 --> 00:40:36,045 If you're wanting me to tell you, this is how it is, and it's always going 728 00:40:36,045 --> 00:40:38,265 to be this way and it doesn't require you to look forward and study it. 729 00:40:38,895 --> 00:40:39,345 Ain't gonna work. 730 00:40:39,945 --> 00:40:44,385 It's not gonna work, but you do have to do a little bit of rolling up your 731 00:40:44,385 --> 00:40:46,185 sleeves, get your nose in the charts. 732 00:40:46,245 --> 00:40:49,245 But I promise you, this is a guarantee. 733 00:40:49,485 --> 00:40:52,665 If you do the things I'm telling you to do and this teaching and everything 734 00:40:52,665 --> 00:40:58,035 in this month of January, it will give you every possible scenario 735 00:40:58,455 --> 00:40:59,535 for any type of trader you want. 736 00:41:00,285 --> 00:41:03,194 And it will put you in the high odds category, you'll be in the 737 00:41:03,194 --> 00:41:08,145 upper 5% you'll you will most likely be on the right side in far less 738 00:41:08,145 --> 00:41:09,674 time, be offside on your trade. 739 00:41:10,485 --> 00:41:14,145 And that's what the higher timeframe, whole, whole ideas about, because you're 740 00:41:14,145 --> 00:41:15,975 trying to align yourself with smart money. 741 00:41:16,275 --> 00:41:18,575 Everyone that's on YouTube teaching smart money. 742 00:41:18,595 --> 00:41:19,365 This is the market maker. 743 00:41:19,365 --> 00:41:22,305 I'm on a one minute chart teaching this guy by the way that they're not on the one 744 00:41:22,305 --> 00:41:24,345 minute chart, they're not even down there. 745 00:41:24,345 --> 00:41:27,465 They didn't want, they only, when they're not looking at that, they're 746 00:41:27,465 --> 00:41:29,775 looking at the orders on a daily chart. 747 00:41:30,194 --> 00:41:31,065 That's what they're looking at. 748 00:41:31,095 --> 00:41:32,205 That's what's driving price. 749 00:41:32,924 --> 00:41:35,805 And outside of that, it's a 15 minute timeframe. 750 00:41:35,805 --> 00:41:38,295 They're looking for liquidity pools and, and ideas around a 15 751 00:41:38,295 --> 00:41:39,795 minute timeframe, five minutes. 752 00:41:39,855 --> 00:41:44,444 Again, they're not looking at that, but you can use a five minute chart to find 753 00:41:44,505 --> 00:41:49,095 where there's a most likely, a small little gap that would not appear readily. 754 00:41:49,154 --> 00:41:50,775 I want a 15 or an hourly chart. 755 00:41:52,745 --> 00:41:57,395 So all these things dovetail nicely, but you want, appreciate that dovetailing. 756 00:41:58,154 --> 00:42:01,095 Until you start getting in there and spending some time looking at 757 00:42:01,095 --> 00:42:02,805 price, that's already happened. 758 00:42:03,615 --> 00:42:06,975 Some of you, a large group of you are so worried about that, right? 759 00:42:06,975 --> 00:42:07,335 Edge. 760 00:42:07,365 --> 00:42:11,564 Tell me what that right edge is telling you, Michael, when that won't make sense 761 00:42:11,564 --> 00:42:13,754 to you and you'll leave the mentorship. 762 00:42:14,415 --> 00:42:16,274 If I just gave you trades over every day. 763 00:42:16,544 --> 00:42:16,774 Yeah. 764 00:42:16,774 --> 00:42:17,475 You'd make money. 765 00:42:18,194 --> 00:42:21,375 But when I'm done teaching and that's happening, I'm done. 766 00:42:21,765 --> 00:42:25,245 When I walk away, you've made money, but she didn't learn how to trade. 767 00:42:26,384 --> 00:42:27,555 And that's a waste of time and money. 768 00:42:28,694 --> 00:42:31,515 You want to be focusing on what's happening on that left side of that chart. 769 00:42:32,174 --> 00:42:35,654 Because once you understand all that, it's going to repeat itself. 770 00:42:37,274 --> 00:42:40,754 Because if in fact there's a smart money entity and they are manipulating 771 00:42:40,904 --> 00:42:43,904 and they are controlling things because they're motivated by money and greed. 772 00:42:44,895 --> 00:42:48,855 They're not going to change their Mo their motive is going to be 773 00:42:48,855 --> 00:42:50,024 the same thing going forward. 774 00:42:50,325 --> 00:42:52,634 It's the same business model. 775 00:42:52,814 --> 00:42:54,855 Every single day. 776 00:42:55,605 --> 00:42:56,174 It doesn't change. 777 00:42:57,150 --> 00:42:58,500 It's not going to stop working. 778 00:42:59,220 --> 00:43:04,230 The only thing is is if you share it with people, number one, you just 779 00:43:04,230 --> 00:43:06,870 making it common knowledge and it just, you just don't want to do it. 780 00:43:06,930 --> 00:43:07,770 You don't want to do it. 781 00:43:07,770 --> 00:43:11,010 Not because it's going to stop working, but because you just want to be a 782 00:43:11,010 --> 00:43:15,060 part of that small group that is profitable, that is in elite, that you 783 00:43:15,060 --> 00:43:16,320 know what you're doing with your money. 784 00:43:16,620 --> 00:43:17,580 You're not gambling. 785 00:43:17,970 --> 00:43:20,100 This is not gambling. 786 00:43:21,090 --> 00:43:22,260 You're not rolling the dice. 787 00:43:23,100 --> 00:43:26,040 You're waiting for a scenario where those individuals, that 788 00:43:26,040 --> 00:43:28,500 control price are in play. 789 00:43:28,530 --> 00:43:32,280 They're moving price and you're on the same side as them by default, 790 00:43:32,280 --> 00:43:36,720 you have no other way except for seeing positive results. 791 00:43:37,830 --> 00:43:38,880 Does that mean profitability? 792 00:43:38,970 --> 00:43:43,470 Maybe if you're in a demo can't you can't make money on that, but you 793 00:43:43,470 --> 00:43:47,670 learn a positive response and in therefore it teaches you this worked. 794 00:43:48,090 --> 00:43:48,600 Let me try it again. 795 00:43:49,530 --> 00:43:50,310 Wow, this worked. 796 00:43:50,490 --> 00:43:51,210 Let me try it again. 797 00:43:51,420 --> 00:43:54,540 Why do you think I'll tell you guys that it takes a minimum of six months, 798 00:43:54,900 --> 00:43:59,190 because if you look at the things I teach, you will see at least one market 799 00:43:59,190 --> 00:44:01,410 structure shift in that time period. 800 00:44:02,820 --> 00:44:06,330 You need to see one because once you understand when it happens and you see 801 00:44:06,330 --> 00:44:10,830 it unfolding, oh man, the confidence level sends you through the roof. 802 00:44:10,830 --> 00:44:12,900 You're like, oh man, I am never doing this again. 803 00:44:12,900 --> 00:44:13,920 I'm never working for somebody else. 804 00:44:13,920 --> 00:44:16,170 Again, I'm going to learn this business and I'm outta here. 805 00:44:16,500 --> 00:44:16,950 I'm done. 806 00:44:17,190 --> 00:44:20,640 I need to do this the rest of my life and your passion level go crazy. 807 00:44:21,570 --> 00:44:22,470 And you'll know what you're doing. 808 00:44:22,470 --> 00:44:24,270 You won't be just excited, like a football game fan. 809 00:44:24,810 --> 00:44:29,550 You'll know what you're excited about and why it's exciting because it's consistent. 810 00:44:30,240 --> 00:44:32,250 It's over and over reoccurring. 811 00:44:32,310 --> 00:44:34,140 It's never deviating. 812 00:44:34,140 --> 00:44:35,340 It's there all the time. 813 00:44:37,090 --> 00:44:40,690 Very rarely do you hear these terms taught and spoke about in textbooks? 814 00:44:41,020 --> 00:44:43,330 You know, uh, there's always a risk. 815 00:44:43,480 --> 00:44:44,070 There's always this. 816 00:44:44,080 --> 00:44:46,300 There's always that the risk is you reading it wrong, 817 00:44:46,780 --> 00:44:47,980 but this is always there. 818 00:44:47,980 --> 00:44:48,070 And. 819 00:44:49,375 --> 00:44:52,825 The problem is, is that you're going to let you as the trader steer you wrong 820 00:44:53,155 --> 00:44:55,255 because you don't look at something you're going to get so opinionated 821 00:44:55,255 --> 00:44:58,315 about something higher timeframe. 822 00:44:58,465 --> 00:45:02,005 It's hard to change directions a lot on that daily and weekly chart. 823 00:45:02,965 --> 00:45:05,485 It's, it's usually one direction for a while. 824 00:45:06,535 --> 00:45:09,025 That's why you have to start there because if you start in lower 825 00:45:09,025 --> 00:45:11,725 timeframe, you're changing your mind 20 times inside of the day. 826 00:45:12,175 --> 00:45:14,125 I mean, I've talked to some people outside of our group. 827 00:45:14,215 --> 00:45:17,005 They're still in a free membership area that does go on my tutorials 828 00:45:17,215 --> 00:45:18,295 and follow my YouTube channel. 829 00:45:19,375 --> 00:45:20,635 They send me charts all day long. 830 00:45:20,645 --> 00:45:21,445 I can't get to them. 831 00:45:21,475 --> 00:45:24,535 I can't get, I can't keep up with emails coming in, but they 832 00:45:24,535 --> 00:45:26,545 send me their changed mind. 833 00:45:27,235 --> 00:45:29,185 You know, here's the, here's what I'm doing today in cable. 834 00:45:29,185 --> 00:45:30,565 I'm buying this and then, okay. 835 00:45:30,565 --> 00:45:31,495 Here's 20 minutes later then. 836 00:45:31,495 --> 00:45:31,735 Okay. 837 00:45:31,735 --> 00:45:33,055 I I've changed how I'm selling it. 838 00:45:33,495 --> 00:45:34,135 They changed their mind. 839 00:45:34,135 --> 00:45:35,965 Again, this is all happening in two hours. 840 00:45:37,865 --> 00:45:40,025 That's somebody that has no idea what's going on. 841 00:45:40,865 --> 00:45:41,975 No idea what's going on. 842 00:45:43,290 --> 00:45:46,709 By having a higher timeframe premise by looking at monthly, weekly, and 843 00:45:46,709 --> 00:45:50,100 daily charts, focusing on the daily chart, this is what we're dealing with. 844 00:45:50,100 --> 00:45:50,640 A daily chart. 845 00:45:50,910 --> 00:45:55,589 We're framing it like a bank does no one's teaching you this. 846 00:45:55,589 --> 00:45:56,910 They don't give you the perspective. 847 00:45:57,299 --> 00:45:57,720 Okay. 848 00:45:57,990 --> 00:46:01,740 From an institutional vantage point where how and why they're going 849 00:46:01,740 --> 00:46:03,299 to go to a specific higher, low. 850 00:46:04,379 --> 00:46:04,680 Yes. 851 00:46:04,680 --> 00:46:07,740 You can go back in time and look at a chart and say, okay, here's an old boat. 852 00:46:07,770 --> 00:46:10,169 They're going to be self out of liquidity here or sell stocks here. 853 00:46:10,819 --> 00:46:12,209 All kinds of people on YouTube. 854 00:46:12,240 --> 00:46:12,990 They're doing that now. 855 00:46:13,770 --> 00:46:14,459 And yeah, that's great. 856 00:46:15,330 --> 00:46:18,810 But I'm telling you which low and which high to go to. 857 00:46:19,890 --> 00:46:25,379 There's a specific phenomenon that repeats itself over and over and over again. 858 00:46:26,100 --> 00:46:31,830 And by having that as your routine, every day, you sit down at your daily chart and 859 00:46:31,830 --> 00:46:33,270 say, okay, where are we at in the current. 860 00:46:34,640 --> 00:46:38,360 Where are we at with respect to the lowest, low and highest 861 00:46:38,360 --> 00:46:39,770 high in the last 20 days? 862 00:46:39,800 --> 00:46:43,040 The last 60 days in the last I'm sorry, last 20, 40, and 60 days. 863 00:46:43,850 --> 00:46:45,620 Have we cleared both sides of the board? 864 00:46:45,680 --> 00:46:49,760 Have we taken all the buy stops in the last 60 days in the most highest high? 865 00:46:49,760 --> 00:46:52,640 Have we rejected all that and cleared out and back in the middle of the 866 00:46:52,640 --> 00:46:54,260 range, because what does that mean? 867 00:46:54,890 --> 00:46:55,490 You have to study? 868 00:46:55,490 --> 00:46:58,640 Are we at a large, larger longer-term equilibrium where we could stay 869 00:46:58,640 --> 00:47:03,140 sideways for a while, or now, are we going to the sell side, looking for 870 00:47:03,140 --> 00:47:08,450 the lows outside of the last 60 days range by having that, and then start 871 00:47:08,510 --> 00:47:11,300 implementing inter market analysis. 872 00:47:12,650 --> 00:47:16,790 That means you're gonna start having ideas from the commodity market, the equities 873 00:47:16,790 --> 00:47:23,090 market bonds, all those things will start giving you more information and it'll tell 874 00:47:23,090 --> 00:47:28,880 you where the opportunities really are that way, even though we can be specific 875 00:47:28,880 --> 00:47:30,710 and specialists about, um, a European. 876 00:47:31,785 --> 00:47:33,165 I'm a, I'm a crude oil trader. 877 00:47:33,165 --> 00:47:34,065 I'm a gold trader. 878 00:47:34,725 --> 00:47:37,005 You do want to have some diversity. 879 00:47:37,305 --> 00:47:41,055 I having some exposure in other asset classes because it gives you 880 00:47:41,055 --> 00:47:43,815 a great deal of context about why you think your market's going to go 881 00:47:43,815 --> 00:47:45,285 up or down or doesn't move at all. 882 00:47:46,695 --> 00:47:49,065 A Canadian dollar is a good example. 883 00:47:49,065 --> 00:47:53,295 If it's a crude or markets, um, you know, acting and behaving a certain 884 00:47:53,295 --> 00:47:57,525 way, the Canadian dollar is going to have a direct response to that. 885 00:47:58,425 --> 00:48:02,145 And when crude oil is not, uh, have any effect, you know, Canadian dollar, 886 00:48:02,415 --> 00:48:06,135 you know, will move just like the other currencies will, but crude oil 887 00:48:06,645 --> 00:48:11,565 has a great deal of influence over that particular, uh, currency Canadian 888 00:48:11,565 --> 00:48:18,855 dollar having intermarket analysis and relative strength analysis together 889 00:48:20,025 --> 00:48:25,245 and applying less than T studies like the dollar index and the interest rate 890 00:48:25,365 --> 00:48:30,555 stuff that I'm teaching you this month, you'll have very, very little opinion. 891 00:48:31,560 --> 00:48:33,180 About what the higher timeframes are telling you. 892 00:48:33,330 --> 00:48:38,399 And when you do that, you are in line with what the institutions are doing, because 893 00:48:38,399 --> 00:48:39,750 you're not changing your mind every day. 894 00:48:40,080 --> 00:48:40,799 This is what's going to do. 895 00:48:41,100 --> 00:48:43,020 I don't care if I see two down days on the, on a daily 896 00:48:43,020 --> 00:48:44,160 chart, nothing has changed. 897 00:48:44,669 --> 00:48:45,839 It just means it's three tracing. 898 00:48:45,839 --> 00:48:47,669 They're coming back for some more orders to buy more. 899 00:48:48,299 --> 00:48:51,149 And that's when we go into discussions about building in 900 00:48:51,149 --> 00:48:54,629 larger positions with an underlying bullish move, that's already there. 901 00:48:54,959 --> 00:48:57,359 We've already put in a position that's bullish, we're retracing. 902 00:48:57,359 --> 00:48:58,350 How do you add more to that? 903 00:48:58,799 --> 00:48:59,819 Where do you add more to it? 904 00:48:59,819 --> 00:49:01,410 And how do you protect that position as well? 905 00:49:01,890 --> 00:49:04,290 And, and w what do you do to scale out? 906 00:49:04,919 --> 00:49:06,930 Do we ever hold for whole full positions? 907 00:49:06,959 --> 00:49:13,290 Yeah, but you need to know all these things by the end of this month to 908 00:49:13,500 --> 00:49:17,459 fully appreciate what we start teaching in February, March and April, because 909 00:49:18,120 --> 00:49:19,229 they're going to repeat themselves. 910 00:49:19,259 --> 00:49:24,720 And as long as you have a general idea of what is being taught in January, 911 00:49:25,410 --> 00:49:27,479 I mean, if you're completely lost, and obviously you're gonna need to 912 00:49:27,479 --> 00:49:29,370 reach out to me after the last lesson. 913 00:49:30,900 --> 00:49:33,750 But for the most part, if you have a general idea, what I'm talking 914 00:49:33,750 --> 00:49:37,680 about, when we start applying it every single day, we sit down, you'll 915 00:49:37,680 --> 00:49:39,510 see the data points I'm looking at. 916 00:49:40,140 --> 00:49:44,100 You'll know exactly why I'm calling this high being significant or this 917 00:49:44,100 --> 00:49:45,600 low being significant or this gap. 918 00:49:46,200 --> 00:49:49,680 You know, that that will make perfect sense to you then what 919 00:49:49,680 --> 00:49:50,760 order block am I looking at? 920 00:49:50,820 --> 00:49:52,620 Why, why this or block in that? 921 00:49:52,770 --> 00:49:53,310 Not that one. 922 00:49:53,310 --> 00:49:56,220 Michael why'd you pick this swing high Michael, on that desk swing high. 923 00:49:56,220 --> 00:49:58,590 Michael, you just learned it today. 924 00:50:00,530 --> 00:50:02,120 There's a range I'm looking for. 925 00:50:03,350 --> 00:50:07,790 It's 20 days back, 40 days back, 68 back then I'm casting forward. 926 00:50:08,360 --> 00:50:13,490 And I know from that point on, I know I can have a new look back point where 927 00:50:13,490 --> 00:50:17,000 I can go 20 days, 40 days, 60 days back and wait for those new highs and 928 00:50:17,000 --> 00:50:22,760 lows to form that have not made its way into price yet when they form liquidity 929 00:50:22,760 --> 00:50:26,780 will build above it or below it, based on what I see on the hard time. 930 00:50:27,930 --> 00:50:31,350 I know what side of the market's going to reach for when you do that. 931 00:50:31,350 --> 00:50:31,980 Same thing. 932 00:50:32,250 --> 00:50:35,550 You're not going to send me emails and text messages and direct messages. 933 00:50:35,940 --> 00:50:38,820 Um, do you think that, um, I'll show you the dollar's going to go down today? 934 00:50:39,540 --> 00:50:42,000 I think that the Canadian dollar can go down today. 935 00:50:42,030 --> 00:50:42,630 What are you saying? 936 00:50:43,020 --> 00:50:43,890 Don't ask me what I think. 937 00:50:44,790 --> 00:50:48,810 If you're watching my videos and you're in here, don't ask me what I think the whole 938 00:50:48,810 --> 00:50:52,470 point is, is learn from what I'm teaching you and you arrive at your own opinion. 939 00:50:52,470 --> 00:50:54,990 And then when you're wrong, what did you, what did you do wrong? 940 00:50:55,650 --> 00:50:56,490 Don't avoid that. 941 00:50:56,640 --> 00:50:57,930 That's a learning opportunity. 942 00:50:59,040 --> 00:51:02,070 Take that as a big opportunity center stage. 943 00:51:02,340 --> 00:51:03,480 Make me a better trader. 944 00:51:03,750 --> 00:51:04,710 What can I do? 945 00:51:04,770 --> 00:51:06,120 What did I, what did I do wrong? 946 00:51:06,120 --> 00:51:07,259 And what did I see wrong there? 947 00:51:07,350 --> 00:51:09,360 So I don't read Pete that same thing. 948 00:51:09,780 --> 00:51:11,250 That's the benefit of being in here. 949 00:51:12,000 --> 00:51:15,360 You need to go through the lab experience, go through the extra. 950 00:51:16,140 --> 00:51:17,610 Okay and make the mistakes. 951 00:51:17,610 --> 00:51:19,860 Now you want to do those things right now. 952 00:51:20,190 --> 00:51:22,980 When it won't hurt you, it won't hurt your development. 953 00:51:23,130 --> 00:51:24,570 It won't hurt your money. 954 00:51:24,930 --> 00:51:26,100 They won't take anything from you. 955 00:51:26,250 --> 00:51:27,240 It will build you up. 956 00:51:28,620 --> 00:51:32,009 The folks that have left us, they have, they have no concept of that. 957 00:51:32,640 --> 00:51:33,900 They don't want, they don't want to wait around. 958 00:51:33,900 --> 00:51:35,070 They don't want to learn anything. 959 00:51:35,070 --> 00:51:36,270 They want to be spoonfed. 960 00:51:36,779 --> 00:51:40,140 You are here to learn how to do what I do. 961 00:51:41,160 --> 00:51:44,700 Analyze the markets, call the markets from where they are right now and where they're 962 00:51:44,700 --> 00:51:48,930 going to be at next in between those two price points there's opportunities. 963 00:51:49,110 --> 00:51:52,259 And I'm going to teach you how to take those opportunities and manifest that 964 00:51:52,259 --> 00:51:58,080 in the form of trades, keeping risk, low equity curves, going higher and managing 965 00:51:58,080 --> 00:51:59,730 risks all throughout the whole process. 966 00:52:00,120 --> 00:52:04,799 But you can not get to that level without some interaction on your part. 967 00:52:04,920 --> 00:52:07,620 And it may require you to do things. 968 00:52:08,340 --> 00:52:10,200 By watching videos like this is a live session. 969 00:52:10,980 --> 00:52:13,590 You may be forced to do these things by studying the recordings. 970 00:52:13,620 --> 00:52:17,070 Do not think that this is not any value because it's the recording 971 00:52:17,670 --> 00:52:21,060 has no, it has no basis on there that has no effect on it. 972 00:52:22,560 --> 00:52:26,490 Staying committed to the development process is hard. 973 00:52:26,550 --> 00:52:32,910 It's very, very hard, but I'm trusting that what I'm showing you here proves 974 00:52:32,910 --> 00:52:39,480 number one, there is a real routine on how Y price goes to a specific level. 975 00:52:39,930 --> 00:52:40,950 Why it repeats? 976 00:52:40,950 --> 00:52:42,900 Why I tell you that it's not going to stop working? 977 00:52:43,140 --> 00:52:46,470 Why I tell you there's absolutely an algorithm that controls price, 978 00:52:46,650 --> 00:52:52,080 because it does things that a computer program would naturally do because I 979 00:52:52,080 --> 00:52:53,370 learned to be a computer programmer. 980 00:52:53,610 --> 00:52:54,330 I went to school. 981 00:52:54,870 --> 00:52:57,870 I have a degree in computer science, specializing in information systems. 982 00:52:58,259 --> 00:52:59,730 I know computer program. 983 00:53:00,780 --> 00:53:01,350 I know it. 984 00:53:01,620 --> 00:53:06,000 So if I look at this stuff and I wanted to become a systems analyst, when I 985 00:53:06,000 --> 00:53:07,200 was going to school, that was my job. 986 00:53:07,230 --> 00:53:11,700 I wanted to build the documentation stage so I can sit down with the 987 00:53:11,700 --> 00:53:13,230 programmers and go through them. 988 00:53:13,230 --> 00:53:16,260 And if they had issues with the coding, I would help them, you know, 989 00:53:16,270 --> 00:53:18,660 make this, uh, this process work. 990 00:53:19,020 --> 00:53:20,310 But I wasn't going to be the coder. 991 00:53:20,580 --> 00:53:25,410 I don't have the patience to do the coding, but when I started learning the 992 00:53:25,410 --> 00:53:32,220 mechanics of what they're, what the price delivery does, I didn't think about it. 993 00:53:32,340 --> 00:53:33,450 It just dumped on my head. 994 00:53:34,260 --> 00:53:35,580 This is a computer program. 995 00:53:36,660 --> 00:53:37,800 This could be automated. 996 00:53:38,250 --> 00:53:42,990 And by curiosity, I went home and looked in the charts and said, okay, if this 997 00:53:42,990 --> 00:53:46,830 is possible, I should see it in price. 998 00:53:48,060 --> 00:53:49,020 And here you go. 999 00:53:49,950 --> 00:53:50,730 It was right there. 1000 00:53:51,510 --> 00:53:55,620 And I got nervous and excited at the same time, I was laughing and 1001 00:53:55,620 --> 00:53:57,900 crying at the same time because I thought I literally hit the. 1002 00:53:59,115 --> 00:54:03,915 Like I had the winning lottery numbers for the lotto every week going forward. 1003 00:54:04,005 --> 00:54:04,455 I had it. 1004 00:54:05,415 --> 00:54:06,465 Every tumbler clicked. 1005 00:54:07,305 --> 00:54:08,295 It made perfect sense. 1006 00:54:08,295 --> 00:54:10,245 I knew right away why I was wrong on everything. 1007 00:54:10,245 --> 00:54:11,085 I lost money on. 1008 00:54:12,255 --> 00:54:15,555 And I knew now going forward, where's the next setup going to be? 1009 00:54:16,485 --> 00:54:17,955 Why do I have to wait for it? 1010 00:54:18,045 --> 00:54:21,315 And when, what, what, how much time will it take for it to happen? 1011 00:54:22,275 --> 00:54:23,715 When is it most likely to occur? 1012 00:54:24,134 --> 00:54:27,615 Where is that signal gonna format before it even gets to that price level? 1013 00:54:28,785 --> 00:54:30,165 That's what this gives you. 1014 00:54:31,095 --> 00:54:35,145 It gives you every bit of clarity that you don't have right now. 1015 00:54:35,745 --> 00:54:38,685 Once you understand what you're doing with it, you'll have every bit 1016 00:54:38,775 --> 00:54:41,295 of understanding about why you're waiting and sitting on your hands. 1017 00:54:42,225 --> 00:54:44,145 See somebody you say, oh, I just want to set up right now. 1018 00:54:44,235 --> 00:54:48,375 Uh, Michael, I only hear that because I want you to focus on what's going on. 1019 00:54:48,884 --> 00:54:52,154 The price has to be driven to a specific level. 1020 00:54:52,255 --> 00:54:53,955 Then I can tell you why this is what happened. 1021 00:54:54,735 --> 00:54:55,605 We said it was going up. 1022 00:54:55,635 --> 00:54:58,125 We told you the levels is going to go up, but why did it go there? 1023 00:54:58,245 --> 00:55:02,775 You learn that today going forward, you want to be using these tools 1024 00:55:03,405 --> 00:55:06,765 to be able to frame the ideas that lead to a trade setup. 1025 00:55:09,335 --> 00:55:13,025 As you go through more, the material, small little pieces 1026 00:55:13,025 --> 00:55:15,695 will start coming, clear things that you have questions right now. 1027 00:55:15,935 --> 00:55:18,185 You need to not send them to me in an email. 1028 00:55:18,965 --> 00:55:23,465 Be surprised by finding the answers in the future lessons and in your own study. 1029 00:55:24,065 --> 00:55:25,445 That's how you practice. 1030 00:55:25,445 --> 00:55:29,075 That's how you develop as a trader me, giving you an answer. 1031 00:55:29,675 --> 00:55:32,015 Isn't going to always satisfy because you're going to still 1032 00:55:32,015 --> 00:55:33,635 come with 50 more questions. 1033 00:55:34,475 --> 00:55:38,255 I know that because it's the same thing I encountered when I think I 1034 00:55:38,575 --> 00:55:41,645 to know something about something and I scoured the internet for it. 1035 00:55:41,945 --> 00:55:43,565 They created 50 more questions. 1036 00:55:43,865 --> 00:55:44,645 Well, wait a minute. 1037 00:55:44,645 --> 00:55:46,985 Now, if I came in with one. 1038 00:55:48,225 --> 00:55:49,755 One little thing that I was unsure about. 1039 00:55:49,995 --> 00:55:53,325 I go in, I start looking for it and I get the response and the answer to that. 1040 00:55:53,685 --> 00:55:57,015 But then it created 20,000 different scenarios that 1041 00:55:57,015 --> 00:55:59,055 would create what if scenario? 1042 00:55:59,375 --> 00:55:59,895 What if this? 1043 00:55:59,895 --> 00:56:01,154 And what if that, and that's the problem. 1044 00:56:01,424 --> 00:56:04,455 Every one of you are in that state and it's because you're overzealous. 1045 00:56:04,485 --> 00:56:05,805 And I appreciate that. 1046 00:56:06,225 --> 00:56:11,085 Believe me, I've been there, but you also have to take a little bit of faith 1047 00:56:11,115 --> 00:56:15,255 and trust the fact that I've taught this before you not a Guinea pig scenario. 1048 00:56:15,315 --> 00:56:18,525 I've done this with groups of people and individual basis as well. 1049 00:56:19,365 --> 00:56:24,105 Trust me, I will get you where you want to be at, but you have to allow it to 1050 00:56:24,105 --> 00:56:27,674 happen, but you also have to be a part of it by practicing and looking for 1051 00:56:27,674 --> 00:56:31,634 it, not looking for trades, looking for the things that I'm telling you 1052 00:56:31,634 --> 00:56:34,365 to evidence that there is control. 1053 00:56:35,174 --> 00:56:38,714 If they evidence control and price, that means that there's no reason 1054 00:56:38,714 --> 00:56:40,755 for you not to trust the things I'm telling you in the future. 1055 00:56:42,089 --> 00:56:43,660 If there's something I'm going to teach you in the future. 1056 00:56:43,660 --> 00:56:45,899 And I say, okay, refer to the up-to-date arranges. 1057 00:56:46,140 --> 00:56:50,370 This is why the turtle soup false break below low is going to happen. 1058 00:56:50,370 --> 00:56:54,629 And we can be a buyer down here because if I start saying, okay, look, we're 1059 00:56:54,629 --> 00:56:57,120 going to buy tomorrow's tomorrow. 1060 00:56:57,120 --> 00:56:58,410 We're going to buy today's low. 1061 00:56:59,430 --> 00:57:03,629 Oh, I don't know about that because if we sit in London and it starts diving 1062 00:57:03,629 --> 00:57:10,350 50 pips, all in one candle, I guarantee you 85% or more of not buying that day. 1063 00:57:10,890 --> 00:57:11,790 You're not buying that low. 1064 00:57:12,120 --> 00:57:14,370 You're going to wait for a bullish, shorter block or an optimal trade 1065 00:57:14,370 --> 00:57:16,649 entry, or you're going to wait for it to move up to 60, 54. 1066 00:57:16,649 --> 00:57:17,549 You think it's going to go up? 1067 00:57:18,270 --> 00:57:19,140 You won't trust it. 1068 00:57:19,439 --> 00:57:21,209 And you've missed the whole learning experience. 1069 00:57:22,140 --> 00:57:25,470 You got to go through the things I'm putting you in front of the, 1070 00:57:25,470 --> 00:57:27,990 do those very things, pay attention what's being done right now. 1071 00:57:29,040 --> 00:57:31,290 I'm getting a thousand questions about why they can't get to 1072 00:57:31,290 --> 00:57:32,430 October content right now. 1073 00:57:32,970 --> 00:57:34,589 I can't watch things October. 1074 00:57:34,830 --> 00:57:36,990 I can't, I can't look at what's going on in November. 1075 00:57:37,020 --> 00:57:39,779 Why are you there that stuff's there forever. 1076 00:57:40,020 --> 00:57:40,759 You have access to. 1077 00:57:42,585 --> 00:57:45,495 Focus right now on what's being taught in January. 1078 00:57:46,395 --> 00:57:48,134 I'm telling you it's a lot of stuff. 1079 00:57:48,315 --> 00:57:51,765 And if you are wasting your time on things, it's already been taught to 1080 00:57:51,765 --> 00:57:55,185 you and it's already in recording, you can go watch it any other time, pay 1081 00:57:55,185 --> 00:57:59,835 attention more than any other month closely to this one, because I guarantee 1082 00:57:59,835 --> 00:58:02,265 you, if there's any month you're going to have to come back to and study. 1083 00:58:02,295 --> 00:58:05,475 It's this one, there's so much stuff in it. 1084 00:58:05,475 --> 00:58:06,194 It's dense. 1085 00:58:06,225 --> 00:58:08,235 It's very, very vast. 1086 00:58:08,384 --> 00:58:11,145 You have no easy way through this. 1087 00:58:11,145 --> 00:58:13,785 You've got to grind through a lot of this material and you're going to have 1088 00:58:13,785 --> 00:58:18,255 to refer back to it many times and believe me, you'll be back to this whole 1089 00:58:18,255 --> 00:58:22,125 month content multiple times, even when you complete the mentorship and you're 1090 00:58:22,125 --> 00:58:25,605 going to find stuff that you didn't get the first time, the 20th time, the 1091 00:58:25,605 --> 00:58:28,485 30th time, it's a lot of information. 1092 00:58:28,485 --> 00:58:30,375 It's two decades worth of stuff. 1093 00:58:31,215 --> 00:58:32,924 You want to be a big, big time trader. 1094 00:58:32,924 --> 00:58:34,545 You want to be consistently profitable. 1095 00:58:34,575 --> 00:58:35,565 It's in this month. 1096 00:58:36,105 --> 00:58:37,785 You want to know when not to trade and lose money. 1097 00:58:37,785 --> 00:58:38,265 It's in this. 1098 00:58:39,240 --> 00:58:41,580 You want to know how to frame a trade before price ever gets there. 1099 00:58:41,610 --> 00:58:45,000 It's in this month, you want to be a day trader it's in this month. 1100 00:58:45,450 --> 00:58:46,800 Short-term trader this one too. 1101 00:58:47,400 --> 00:58:50,670 You want to swing trader here, you all your options trader it's here. 1102 00:58:52,090 --> 00:58:53,100 You only a trend trader. 1103 00:58:53,220 --> 00:58:54,360 You want to be a breakout artist. 1104 00:58:54,450 --> 00:58:58,410 You want to be a trader that sells options, rights options. 1105 00:58:58,440 --> 00:58:59,070 It's in here. 1106 00:59:01,470 --> 00:59:04,830 You won't appreciate it until we get to the supplementary teachings, but 1107 00:59:04,830 --> 00:59:08,070 everything that leads to you being effective, doing those other things, 1108 00:59:08,700 --> 00:59:12,720 stems from what you understand and being taught in January here, all 1109 00:59:12,720 --> 00:59:13,800 the content that's being delivered, 1110 00:59:19,060 --> 00:59:21,220 it's going to be a lot more than eight lessons folks. 1111 00:59:21,490 --> 00:59:25,720 It's more it's sub teachings inside of these major eight topics. 1112 00:59:26,230 --> 00:59:26,920 Lots of it. 1113 00:59:27,040 --> 00:59:29,200 And that's the reason why we're not doing these live sessions and I'm 1114 00:59:29,200 --> 00:59:34,060 throwing an extra one in here today by time, because I want to encourage 1115 00:59:34,060 --> 00:59:37,630 you that what you're waiting for is exactly what you're looking for. 1116 00:59:39,150 --> 00:59:41,640 And believe me, it's a lot of stuff and you're probably going 1117 00:59:41,640 --> 00:59:42,540 to your head's going to hurt. 1118 00:59:42,750 --> 00:59:44,160 You're going to have, you're going to feel like, man, this 1119 00:59:44,160 --> 00:59:47,700 is information overload, and I'm already pre-warning you this month. 1120 00:59:47,760 --> 00:59:51,420 And I told you this of all the other monster in this mentorship, this is the 1121 00:59:51,420 --> 00:59:55,140 one, it's a monster, it's tons of stuff. 1122 00:59:55,410 --> 00:59:56,670 And you're going to have to study. 1123 00:59:57,420 --> 00:59:59,730 You're going to have to study in February. 1124 00:59:59,970 --> 01:00:03,780 We'll resume back to a very standardized teaching model, eight lessons 1125 01:00:04,080 --> 01:00:07,980 supportive in nature, and we'll be back to doing more live sessions, 1126 01:00:08,070 --> 01:00:08,820 you know, throughout the week. 1127 01:00:09,420 --> 01:00:13,370 And then in March, we'll be obviously in live session on a daily basis every 1128 01:00:13,390 --> 01:00:16,620 Monday through Friday, we'll be back in live session, but you got to give me 1129 01:00:16,620 --> 01:00:21,270 the time to give you this information and still operate as the mentor and 1130 01:00:21,300 --> 01:00:24,810 answering emails and also running it too. 1131 01:00:25,020 --> 01:00:27,180 I mean, I, there's a lot of stuff I have and I have a family. 1132 01:00:27,870 --> 01:00:31,890 So permitting me the time to build the lessons for you and change some of the 1133 01:00:31,890 --> 01:00:34,950 things that all my notes are all based on. 1134 01:00:35,700 --> 01:00:37,920 Like commodities and indices. 1135 01:00:38,069 --> 01:00:41,310 So I have to change some things and create some slides that relate 1136 01:00:41,310 --> 01:00:45,120 to foreign exchange because I'm predominantly teaching to a crowd 1137 01:00:45,120 --> 01:00:47,160 that come to me by way of FX. 1138 01:00:48,509 --> 01:00:56,210 But when it's, um, when it's necessary, you'll hear me talk about it where, um, 1139 01:00:56,660 --> 01:01:00,049 this is unique to a specific asset class. 1140 01:01:00,410 --> 01:01:04,250 You know, like we talked about today with commodities, the idea of having 1141 01:01:05,240 --> 01:01:08,960 the open interest in, in, in your study that is only going to come by 1142 01:01:08,960 --> 01:01:10,310 way of looking at the futures market. 1143 01:01:10,940 --> 01:01:15,440 So since we're four X traders, it is important that you avail yourself, that 1144 01:01:15,440 --> 01:01:17,540 information that's available to everyone. 1145 01:01:18,020 --> 01:01:20,390 It's common knowledge, it's free going in and, and get it. 1146 01:01:20,600 --> 01:01:20,990 Okay. 1147 01:01:21,380 --> 01:01:23,359 And it's valuable. 1148 01:01:23,810 --> 01:01:28,190 It's a gold mine and people that think they understand it while they 1149 01:01:28,190 --> 01:01:32,600 may have a little bit, their myopic view of, of one facet of it does. 1150 01:01:33,720 --> 01:01:36,780 What you learned today was the real mechanics of what open interest does 1151 01:01:37,680 --> 01:01:42,030 it gives you the x-ray view of what the real smart money activity is? 1152 01:01:42,510 --> 01:01:43,500 Are they really buying? 1153 01:01:43,740 --> 01:01:46,440 Because if they're really buying, they're going to dump open interest and it's 1154 01:01:46,440 --> 01:01:51,120 going to drop 15% or more, and it's going to happen at a key support level. 1155 01:01:52,020 --> 01:01:53,910 If it's going to sell off and start going lower. 1156 01:01:53,910 --> 01:01:57,870 And if that was a real turtle soup sell, then that means prior to that 1157 01:01:57,870 --> 01:02:01,200 turtle soup sell, they should have been a massive increase over time 1158 01:02:01,560 --> 01:02:02,970 with that open interest going up. 1159 01:02:03,180 --> 01:02:08,340 And you saw that in Australian dollar, because open interest, high open interest 1160 01:02:08,730 --> 01:02:11,130 indicates them offering the sell side. 1161 01:02:12,960 --> 01:02:14,250 They're only going to take part of that. 1162 01:02:14,400 --> 01:02:16,890 If they know eventually they're going to be able to sell that position 1163 01:02:16,890 --> 01:02:19,080 off with price being going lower. 1164 01:02:20,310 --> 01:02:23,670 That's the only time open inches is going to go up and they can do this on longterm 1165 01:02:23,670 --> 01:02:26,370 trends, but it will shift every quarter. 1166 01:02:26,490 --> 01:02:30,210 They have to fund themselves for allowing the holding of that. 1167 01:02:31,745 --> 01:02:34,295 Now you're probably thinking, okay, well, Michael, if they're 1168 01:02:34,295 --> 01:02:35,555 in control price, what really? 1169 01:02:35,615 --> 01:02:36,695 What real risk is there? 1170 01:02:37,745 --> 01:02:41,705 Well, what happens when a rogue nation nukes another nation? 1171 01:02:42,815 --> 01:02:45,125 You're not thinking that are you, but that can happen. 1172 01:02:45,785 --> 01:02:46,655 What would that do? 1173 01:02:47,135 --> 01:02:47,885 What would that do? 1174 01:02:47,885 --> 01:02:51,845 If a nuclear bomb gets dropped in any nation, it's going to freak everybody out. 1175 01:02:52,595 --> 01:02:57,185 We're in world war three, bombs are dropping when September 11th happened, 1176 01:02:58,115 --> 01:02:59,975 boom markets are all over the place. 1177 01:03:01,535 --> 01:03:02,435 Anything can happen. 1178 01:03:02,435 --> 01:03:07,475 Look at the Brexit, look at Donald Trump a little bit that did there's risk. 1179 01:03:07,835 --> 01:03:08,165 Okay. 1180 01:03:08,165 --> 01:03:12,665 But they take these risky and, uh, opportunities and they manipulate, 1181 01:03:13,055 --> 01:03:16,565 but they don't want to hold on to something and not make money. 1182 01:03:17,195 --> 01:03:21,995 So yet, while they will provide liquidity and sell to the buyers that see price 1183 01:03:22,295 --> 01:03:26,135 trade higher for a period of time, every three months, look at your charts 1184 01:03:26,135 --> 01:03:27,155 and see if they don't reset them. 1185 01:03:29,170 --> 01:03:35,830 Every three months it's there, it happens in S and P it happens in stocks. 1186 01:03:35,890 --> 01:03:37,210 It happens in commodities. 1187 01:03:37,509 --> 01:03:39,220 It happens in bonds. 1188 01:03:39,250 --> 01:03:40,600 It happens in Forex. 1189 01:03:41,440 --> 01:03:43,899 It's there every three to four months. 1190 01:03:43,930 --> 01:03:45,160 You'll see it it's there. 1191 01:03:46,569 --> 01:03:51,520 And that's how they pay themselves for holding on that risk, offering liquidity 1192 01:03:51,520 --> 01:03:55,180 for the sell side of it, providing the means for buyers to buy currency. 1193 01:03:56,049 --> 01:03:59,350 They will do what we're discussing here, quarterly shifts. 1194 01:04:00,190 --> 01:04:05,770 And you'll see evidences that in open interest, they will happen at points at 1195 01:04:05,770 --> 01:04:10,029 which by looking back 20, 40, and 60 days where there's highs and lows are where 1196 01:04:10,029 --> 01:04:12,460 those gaps are, where equilibrium is. 1197 01:04:12,850 --> 01:04:16,029 Those reference points in that time field okay. 1198 01:04:16,359 --> 01:04:18,190 Of 60 days is a maximum look back. 1199 01:04:19,089 --> 01:04:19,660 It's simple. 1200 01:04:19,990 --> 01:04:21,640 And here's another study to make it easy for you. 1201 01:04:22,930 --> 01:04:24,879 Just go back 60 days from every month. 1202 01:04:25,995 --> 01:04:26,835 Start every month. 1203 01:04:26,865 --> 01:04:31,605 It was an exercise every single month, a counter month put, put a vertical line 1204 01:04:31,605 --> 01:04:38,625 on at every new month, go back 60 days, find the highest high and lowest low. 1205 01:04:38,625 --> 01:04:41,775 And you see if they don't wipe that out, you can take any pair. 1206 01:04:42,435 --> 01:04:43,515 You can be the dollar index. 1207 01:04:43,545 --> 01:04:47,565 It could be the well look at the Australian dollar, put a 1208 01:04:47,565 --> 01:04:51,615 vertical line on every single first trading day of every month. 1209 01:04:52,155 --> 01:04:52,575 Okay. 1210 01:04:53,025 --> 01:04:54,285 Don't do them all at one time. 1211 01:04:54,285 --> 01:04:57,795 So that way your charts nice and crisp and clean, but put a vertical line 1212 01:04:57,795 --> 01:05:00,495 at the beginning of every month, the first trading day of every month. 1213 01:05:00,705 --> 01:05:01,065 Okay. 1214 01:05:01,065 --> 01:05:02,925 And draw out a line. 1215 01:05:03,495 --> 01:05:03,884 Okay. 1216 01:05:03,975 --> 01:05:06,405 60 days, 60 trading days. 1217 01:05:06,795 --> 01:05:07,095 Okay. 1218 01:05:07,095 --> 01:05:10,845 And delineate that and then find the highest high and the lowest 1219 01:05:10,845 --> 01:05:13,725 low, and then go forward from the firm to the right of that. 1220 01:05:13,965 --> 01:05:18,495 And you see if they don't run those by stocks and sell stocks above of that and 1221 01:05:18,495 --> 01:05:23,985 do the same thing for 40 days and do the same thing for 20 days doing that stuff. 1222 01:05:25,215 --> 01:05:29,085 That's exactly what I did the night that I seen how this works. 1223 01:05:29,835 --> 01:05:30,674 That's all I did. 1224 01:05:31,305 --> 01:05:35,415 I said, okay, if I'm a data, if I'm a computer programmer, I need that. 1225 01:05:35,415 --> 01:05:37,095 Be able to reference something. 1226 01:05:37,515 --> 01:05:40,634 How can they know what the orders are like? 1227 01:05:40,695 --> 01:05:44,654 How, cause in my mind, uh, how could they see Lindwall docs orders? 1228 01:05:45,915 --> 01:05:46,935 Because that's how I looked at it. 1229 01:05:46,965 --> 01:05:52,995 My, my perspective was if, what I'm learning to do in the marketplace 1230 01:05:53,654 --> 01:05:58,815 to be a market maker, I have to know certain things and what I was learning. 1231 01:06:00,315 --> 01:06:03,884 If this is true, then I should see evidences of it in price. 1232 01:06:05,085 --> 01:06:06,105 And I couldn't wait to get home. 1233 01:06:06,825 --> 01:06:09,765 I went home, pulled out my charts and it was a Swiss ranked chart. 1234 01:06:10,605 --> 01:06:11,985 That was the, that was the actual chart. 1235 01:06:12,015 --> 01:06:16,935 I open up my commodity price charts from a commodity trend service. 1236 01:06:17,355 --> 01:06:22,575 And I literally turned the page and I literally in seconds. 1237 01:06:24,105 --> 01:06:24,495 That's okay. 1238 01:06:24,495 --> 01:06:28,785 If I'm a, if I'm a computer program and I'm going to be able to reach up into 1239 01:06:28,785 --> 01:06:33,015 an area orders at camp, I can't know what every brokerage firms orders are. 1240 01:06:34,125 --> 01:06:35,625 There's no way it's dynamic. 1241 01:06:36,495 --> 01:06:37,035 Think about it. 1242 01:06:37,845 --> 01:06:40,575 You may have a trade on right now and you might have a stop one. 1243 01:06:41,085 --> 01:06:44,925 It may be there, but something might change and you collapse that trade. 1244 01:06:45,885 --> 01:06:47,025 Your order's not there anymore. 1245 01:06:50,875 --> 01:06:52,615 Every one of us are dynamic thinking. 1246 01:06:53,605 --> 01:06:54,655 We may have an order there. 1247 01:06:54,715 --> 01:06:56,095 Think about what you did with your last trade. 1248 01:06:56,275 --> 01:06:57,625 How many times did you move your stop loss? 1249 01:06:59,305 --> 01:06:59,815 Think about it. 1250 01:06:59,845 --> 01:07:03,475 You were long, you moved your chair, you shared your stop-loss up. 1251 01:07:03,715 --> 01:07:03,985 Okay. 1252 01:07:03,985 --> 01:07:05,245 And then you start seeing a little retracement. 1253 01:07:05,245 --> 01:07:07,045 You're like, oh, let me, let me move that back. 1254 01:07:07,315 --> 01:07:08,755 And some of you probably moved back further than it. 1255 01:07:08,755 --> 01:07:10,915 First originated that you're dynamic. 1256 01:07:11,455 --> 01:07:13,045 So your orders are always moving around. 1257 01:07:13,405 --> 01:07:15,805 And that's why I say, Hey, this is too much of a variable. 1258 01:07:16,495 --> 01:07:21,345 There's no way for them to know every single book that's out. 1259 01:07:22,660 --> 01:07:24,160 So, how can you standardize it? 1260 01:07:25,950 --> 01:07:31,950 The epiphany I had was go back and go back the same number of days that 1261 01:07:31,950 --> 01:07:35,670 I'm being taught to look for and just look for the high and the low 1262 01:07:36,930 --> 01:07:37,950 that's, where the buy stops are. 1263 01:07:37,950 --> 01:07:38,970 And that's where the sound stops are. 1264 01:07:39,810 --> 01:07:43,740 And there it was, it was like, Solomon's mind, there's opened 1265 01:07:43,740 --> 01:07:45,870 up all the Fort Knox opened up. 1266 01:07:45,900 --> 01:07:50,820 Everything happened that moment, the flood of emotions, flood of euphoria 1267 01:07:51,180 --> 01:07:55,080 and fear like, oh no, did I just do something I wasn't supposed to do? 1268 01:07:55,170 --> 01:07:57,660 Did I just learn something and see something I wasn't supposed to? 1269 01:07:57,990 --> 01:07:58,770 That's how I felt. 1270 01:08:00,150 --> 01:08:02,190 I had this big old textbook okay. 1271 01:08:02,190 --> 01:08:03,720 Of information I had to digest. 1272 01:08:03,900 --> 01:08:06,630 And I literally didn't want to touch it anymore because in my 1273 01:08:06,630 --> 01:08:07,920 mind I had already cracked it. 1274 01:08:08,970 --> 01:08:09,900 I didn't want to go back. 1275 01:08:10,500 --> 01:08:13,529 I did not want to sit with these people and learn anything more 1276 01:08:13,830 --> 01:08:15,000 than I had already learned there. 1277 01:08:17,590 --> 01:08:20,720 I went from that to the corn market and come on. 1278 01:08:21,825 --> 01:08:27,205 It was there soybeans live cattle, pork belly. 1279 01:08:27,325 --> 01:08:28,344 They don't trade anymore. 1280 01:08:29,045 --> 01:08:30,804 Silver, all the metals. 1281 01:08:30,804 --> 01:08:36,804 Playdium platinum hydrate, copper, cotton lumber, orange juice. 1282 01:08:37,285 --> 01:08:38,724 It's all there. 1283 01:08:40,014 --> 01:08:40,705 It's all there. 1284 01:08:44,054 --> 01:08:48,585 Once you see it, you're never going to forget it and you can't unsee it. 1285 01:08:49,304 --> 01:08:52,904 And when you see these things that repeat over and over again, and they 1286 01:08:52,904 --> 01:08:57,434 are they're finite, you'll prove it to yourself in a short little 1287 01:08:57,524 --> 01:09:00,165 exercise like that, pull up a chart. 1288 01:09:00,404 --> 01:09:01,665 I don't care what asset class it is. 1289 01:09:01,995 --> 01:09:02,594 Define it. 1290 01:09:02,594 --> 01:09:05,325 Look back last 20 days, last four days and last six days worth of high 1291 01:09:05,325 --> 01:09:06,524 and a low where's liquidity voids. 1292 01:09:06,734 --> 01:09:07,934 Where's the ferry by pre-write. 1293 01:09:07,944 --> 01:09:10,394 You have some where's equilibrium and you'll know exactly what 1294 01:09:10,394 --> 01:09:12,285 price is going to do when that right-hand side of your chart. 1295 01:09:13,604 --> 01:09:17,115 It's going to move to those levels now think in terms of overall. 1296 01:09:19,080 --> 01:09:21,240 You will be able to define a range by doing that. 1297 01:09:21,929 --> 01:09:25,019 You don't need an indicator to tell you if your bow overbought or oversold look 1298 01:09:25,019 --> 01:09:29,250 at the highest level of liquidity in the form of a high in the last 60 days 1299 01:09:29,549 --> 01:09:33,029 and the lowest loan last 60 days, that's your real overbought and the result. 1300 01:09:34,319 --> 01:09:34,740 You don't need it. 1301 01:09:34,799 --> 01:09:36,089 You don't need an indicator for that. 1302 01:09:36,689 --> 01:09:39,599 I've made fun of that stuff in my free tutorials on YouTube. 1303 01:09:39,929 --> 01:09:41,250 You know, all these guys started out diverging. 1304 01:09:41,250 --> 01:09:42,209 I don't need a divergence. 1305 01:09:42,330 --> 01:09:42,779 How do you do that? 1306 01:09:42,779 --> 01:09:43,559 Where's the range. 1307 01:09:43,950 --> 01:09:46,109 Where am I in terms of institutional order flow? 1308 01:09:46,319 --> 01:09:47,969 So real institutional order flow. 1309 01:09:48,000 --> 01:09:51,089 The one I'm talking about, you'll hear this talk, Chris. 1310 01:09:51,089 --> 01:09:52,469 Lori's not teaching this stuff. 1311 01:09:52,889 --> 01:09:53,309 Okay. 1312 01:09:53,490 --> 01:09:55,980 Online trading, isn't teaching it YouTube guys. 1313 01:09:56,309 --> 01:09:57,360 They're not teaching this. 1314 01:09:58,049 --> 01:09:59,429 These are finite things. 1315 01:09:59,500 --> 01:10:02,700 Unless you came from where I came from, you're not seeing or learning, 1316 01:10:02,700 --> 01:10:03,990 or even knowing about this stuff. 1317 01:10:06,849 --> 01:10:08,379 It gets deeper than this. 1318 01:10:09,730 --> 01:10:11,469 It gets more specific than that. 1319 01:10:13,280 --> 01:10:17,120 This was just the beginning stages of what I I'm taking you, whether you 1320 01:10:17,120 --> 01:10:21,650 realize it or not, I'm taking you through the whole process of how I became ICT, 1321 01:10:22,760 --> 01:10:27,470 the things I learned, the way I learned it, the process of how I got to it. 1322 01:10:28,400 --> 01:10:29,840 It's what you're seeing here. 1323 01:10:30,800 --> 01:10:31,910 One stage at a time. 1324 01:10:32,480 --> 01:10:33,470 And how do I know it's like this? 1325 01:10:33,470 --> 01:10:35,660 Because I journal I've kept a journal for years. 1326 01:10:36,380 --> 01:10:40,190 And I remember certain things because I journal, I go back in 1327 01:10:40,190 --> 01:10:41,230 time and look at certain things. 1328 01:10:41,260 --> 01:10:42,290 I get to relive that moment. 1329 01:10:42,290 --> 01:10:46,250 And that's why I'm so passionate about teaching you even before 1330 01:10:46,250 --> 01:10:49,040 I started charging, look how passionate I've always been. 1331 01:10:49,880 --> 01:10:53,059 I've always been passionate because I know what it was like for me to 1332 01:10:53,059 --> 01:10:55,309 experience it, to go through the process. 1333 01:10:55,490 --> 01:10:59,780 And that euphoric moment, when I finally got to what you're all 1334 01:10:59,780 --> 01:11:04,340 aspiring to be knowledgeable, knowing exactly what you're going to do 1335 01:11:04,340 --> 01:11:05,840 with these candles on your chart. 1336 01:11:07,370 --> 01:11:09,559 What's this telling you, what are you going to do with this infamous. 1337 01:11:11,309 --> 01:11:12,360 I'm making money with this. 1338 01:11:13,050 --> 01:11:16,139 I'm building a business, I'm building a future for my family. 1339 01:11:16,139 --> 01:11:20,460 I'm building a means of being able to build a legacy for my family, that they 1340 01:11:20,460 --> 01:11:23,130 never had to be subordinate to a employer. 1341 01:11:25,630 --> 01:11:27,849 You're going to make your own way with this information. 1342 01:11:29,440 --> 01:11:30,550 And now I'm interested in that. 1343 01:11:30,929 --> 01:11:32,559 I'm passionate about that. 1344 01:11:33,250 --> 01:11:36,550 And when you do these things and you go through the processes of the things I'm 1345 01:11:36,550 --> 01:11:41,469 telling you to do with this month content doing these exercises beyond a shadow 1346 01:11:41,469 --> 01:11:43,269 of doubt, it's going to blow your mind. 1347 01:11:45,730 --> 01:11:46,510 You're already here. 1348 01:11:46,840 --> 01:11:47,800 It's not a sales pitch. 1349 01:11:47,860 --> 01:11:48,940 I don't need to sell anything to you. 1350 01:11:49,210 --> 01:11:53,559 You're seeing it, but you're not really seeing it yet. 1351 01:11:54,070 --> 01:11:55,269 You haven't done that yet. 1352 01:11:56,170 --> 01:12:01,660 When you do, as soon as you do it, I'm telling you the forum's going to light up. 1353 01:12:01,719 --> 01:12:03,070 You're going to be, you're gonna be all over the place. 1354 01:12:03,070 --> 01:12:04,389 You gonna be sewing up charts on there. 1355 01:12:04,460 --> 01:12:04,870 Look at us. 1356 01:12:05,080 --> 01:12:05,710 It did it here. 1357 01:12:05,800 --> 01:12:06,400 It did it here. 1358 01:12:07,620 --> 01:12:08,760 Then it didn't, you're not going to be. 1359 01:12:09,810 --> 01:12:10,770 It's gonna be like, no dose. 1360 01:12:11,070 --> 01:12:11,790 Forget about it. 1361 01:12:11,820 --> 01:12:12,300 Caffeine. 1362 01:12:12,300 --> 01:12:12,900 You won't need it. 1363 01:12:12,900 --> 01:12:15,420 You're going to jumping around, hopped up on goofballs because you 1364 01:12:15,420 --> 01:12:19,350 literally won't be able to contain yourself because you knew exactly 1365 01:12:19,350 --> 01:12:20,820 what you're looking for going forward. 1366 01:12:21,510 --> 01:12:23,160 That's exactly what traders want. 1367 01:12:24,390 --> 01:12:25,410 You're asking for setups. 1368 01:12:25,410 --> 01:12:26,070 Gimme signals. 1369 01:12:26,070 --> 01:12:27,240 No, that's not what you want. 1370 01:12:27,690 --> 01:12:28,680 Really break it down. 1371 01:12:28,950 --> 01:12:33,990 You want to know what I know you want to know when you are going to 1372 01:12:33,990 --> 01:12:35,280 take a trait, because think about it. 1373 01:12:35,280 --> 01:12:38,392 That's ultimate control because if you know where to find the next 20, 1374 01:12:38,392 --> 01:12:42,150 30, 50, 60 trading opportunities, you don't have to trade today. 1375 01:12:42,150 --> 01:12:46,870 The contrast it, that what you felt like this morning before the session hoping 1376 01:12:47,050 --> 01:12:49,810 opened up, you're hoping I'm giving you something right now because you want to 1377 01:12:49,810 --> 01:12:54,100 take a trade and it only comes because you don't know anything right now. 1378 01:12:54,790 --> 01:12:55,840 You don't know what you want to do. 1379 01:12:58,160 --> 01:13:02,480 You want to focus on the common goal is that this information is going to take 1380 01:13:02,480 --> 01:13:06,350 you to the understanding of knowing what it is that you are going to do. 1381 01:13:06,800 --> 01:13:07,670 And when you don't want it. 1382 01:13:10,035 --> 01:13:14,415 To stop distracting yourself by going through old content, don't even 1383 01:13:14,415 --> 01:13:15,735 watch my free tutorials this month. 1384 01:13:16,215 --> 01:13:21,655 It's focused on this cause blame it's, it's a lot, it's a lot of stuff then. 1385 01:13:21,655 --> 01:13:25,554 And only then start amplifying it, you know, by doing the other 1386 01:13:25,554 --> 01:13:27,775 stuff and the new things that we teach in February going forward. 1387 01:13:28,105 --> 01:13:31,285 But there's a lot of things that you need to be paying attention to for this month. 1388 01:13:31,554 --> 01:13:35,905 If you miss this, you're going to struggle the rest of the mentorship. 1389 01:13:36,745 --> 01:13:41,934 And I mean that, and if you don't stay it's because you didn't take my words 1390 01:13:42,144 --> 01:13:45,565 to heart right now because you don't, you're not, you're not trying to do it. 1391 01:13:45,594 --> 01:13:46,224 And guess what? 1392 01:13:46,224 --> 01:13:48,535 There's no shame in that because if you don't want to do the work 1393 01:13:48,804 --> 01:13:51,295 with required here, you're not going to make it in trading. 1394 01:13:51,295 --> 01:13:51,684 Regardless. 1395 01:13:51,684 --> 01:13:53,815 If it had everything I was going to teach in this whole entire 1396 01:13:54,385 --> 01:13:56,665 mentorship, it's all between your ears. 1397 01:13:56,665 --> 01:13:57,445 It's going to be the problem. 1398 01:13:58,465 --> 01:13:59,844 So this is the dividing marker. 1399 01:13:59,844 --> 01:14:04,344 For many of you, if you can't submit to what's required and that you had to 1400 01:14:04,344 --> 01:14:06,474 do in January, you might just hang up. 1401 01:14:07,530 --> 01:14:08,700 Just forget about it. 1402 01:14:08,820 --> 01:14:09,599 Don't even worry about it. 1403 01:14:09,719 --> 01:14:12,839 And, you know, go back to Watson free tutorials and YouTube videos, 1404 01:14:13,049 --> 01:14:14,219 and then be content with that. 1405 01:14:15,599 --> 01:14:19,139 And don't let it beat you up because you have now arrived at that's the 1406 01:14:19,139 --> 01:14:22,230 final decision maker, because if you're not going to be organized, if 1407 01:14:22,230 --> 01:14:25,920 you're not going to be disciplined to do the work that's necessary, you're 1408 01:14:25,920 --> 01:14:29,820 never going to trade, not in find profitability and it won't happen. 1409 01:14:29,910 --> 01:14:30,719 It's not going to happen. 1410 01:14:31,379 --> 01:14:33,839 You want reality, you want truth. 1411 01:14:33,870 --> 01:14:34,650 That's what this is. 1412 01:14:35,670 --> 01:14:38,219 You won't make money at all. 1413 01:14:38,370 --> 01:14:41,580 Unless you submit and do the things I'm going to teach you in January. 1414 01:14:42,780 --> 01:14:43,290 Everything. 1415 01:14:44,190 --> 01:14:49,620 If you don't do these things with 1000% assurity, you're 1416 01:14:49,620 --> 01:14:50,790 wasting your time with me. 1417 01:14:50,849 --> 01:14:54,210 You're wasting your money with me and you're never going to be profitable 1418 01:14:54,210 --> 01:14:55,259 with the things that I teach. 1419 01:14:55,410 --> 01:14:56,099 It's not going to happen. 1420 01:14:56,099 --> 01:14:58,769 You'll have hit and miss results, and you're going to undo everything 1421 01:14:58,769 --> 01:15:00,120 because you're going to go nuts. 1422 01:15:00,389 --> 01:15:03,120 You're going to just, overtrade trying to get it all back and you don't need 1423 01:15:03,120 --> 01:15:04,200 to do any of those types of things. 1424 01:15:05,429 --> 01:15:06,179 It can be very boring. 1425 01:15:07,740 --> 01:15:08,460 And that's what you want. 1426 01:15:08,460 --> 01:15:09,120 You want to be boring. 1427 01:15:09,630 --> 01:15:11,940 You want, you want that same feeling when you go to work. 1428 01:15:12,540 --> 01:15:15,570 It's the same thing every day, same people every day. 1429 01:15:15,990 --> 01:15:17,130 That's what you want your trading to be. 1430 01:15:17,580 --> 01:15:22,019 Same thing I know in 60 days, looking back, that's where I need to be focusing 1431 01:15:22,019 --> 01:15:26,370 on last 40 days where that's what I need to be focusing on last 20 days. 1432 01:15:26,400 --> 01:15:27,389 That's what I need to be focusing on. 1433 01:15:27,630 --> 01:15:29,820 Take that information, cast it forward. 1434 01:15:30,960 --> 01:15:32,340 Those levels, cast it forward. 1435 01:15:32,519 --> 01:15:34,110 They're going to be influential in the future. 1436 01:15:34,170 --> 01:15:38,430 And there's going to be new levels that create highs and lows 20 1437 01:15:38,430 --> 01:15:42,030 days going forward, 40 days going forward, 60 days going forward. 1438 01:15:43,230 --> 01:15:47,760 And by doing that, you get a future level to draw vertical line on 1439 01:15:48,809 --> 01:15:50,700 and look back 20, 40, and 60 days. 1440 01:15:50,760 --> 01:15:54,990 And if you get an overlap, that's when the magic happens. 1441 01:15:56,025 --> 01:15:58,005 And with that kids, I'm going to close it, which a very good day. 1442 01:15:58,575 --> 01:16:01,545 And I will have the recording up as soon as humanly possible. 1443 01:16:01,575 --> 01:16:02,055 Ken. 1444 01:16:02,145 --> 01:16:04,545 Um, I, because I do have to do another session. 1445 01:16:04,545 --> 01:16:07,305 So this one might have to go on a little bit later because I do want to 1446 01:16:07,305 --> 01:16:12,105 do a live recap, my library capital, a recap of today's price action. 1447 01:16:12,435 --> 01:16:13,845 And then I'll have this one up afterwards. 1448 01:16:14,085 --> 01:16:16,305 So, uh, cause it takes a little bit more time for this longer 1449 01:16:16,305 --> 01:16:20,295 ones to compress and uh, hopefully you guys found it insightful. 1450 01:16:20,295 --> 01:16:24,195 I'm gonna wish you all a very good day and good luck and good trading. 125196

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