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This is the Australian
dollar Campbell stick.
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You can rest your eyes a little
bit in the more strain in your eyes
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00:00:08,790 --> 00:00:09,960
on the open, high, low, close bar.
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Here's that 70 50 level.
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Okay.
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And why that's significant here.
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We have a old, low back
in February of 2016.
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We have the last down candle, but that
last down candle has a range in it.
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Okay.
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Let me show you again.
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This is what it looks like that
WIC right in here, right here.
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Look at that price movement
up rate before the law.
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What's the last week of February,
that big green candle right there.
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We know that prior to that,
we saw that down close in
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that explosive range, higher.
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That high is going to be significant.
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It's going to be sensitive.
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Okay.
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But all the way down into the
opening of that weekly range also
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noticed that this last down candle.
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Great before this big move up in the last
week of may of 2016, that last red candle,
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that was the bullish or block as well.
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So we have a big range to work within
then going into the latter portions of
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2016, the last down candle in December,
that would be a bullish or block as well.
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Looking at the, the high and the open on
that candle would give you significant
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price points to go forward as well.
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But look, what happens when price
hits this 71 50 level, it's been
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down here before and they repelled
aggressively away from that.
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Fundamentally must be something to it.
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I don't know what it is, but on
a weekly chart, we're going to
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be using old highs and old lows.
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And if there's old highs and all those had
significant buying and selling pressures,
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that's evidenced and you can see it here.
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We have to be mindful of.
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And you can see that they
have in fact traded down here.
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We tapped it two times on a weekly
basis and then moved out once me
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moved out away from that level.
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But we, you see that they're going to
be looking to do what they're going
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00:02:05,179 --> 00:02:12,160
to be trading above these candles
bodies and the wicks are next.
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00:02:13,630 --> 00:02:17,200
And we could potentially trade
up into this last candle in the
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last week of October of 2016.
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That's where the bears order block is.
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So we have a range of potentially
it could take us up into 75, 70 to
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75 80 still for Australian dollar.
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Let's go back into the
daily Australian dollar.
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And I want you to take a look
at this chart from him and
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00:02:41,010 --> 00:02:41,850
stare at this for a second.
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And tell me what you see.
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Okay.
50
00:02:43,709 --> 00:02:48,660
This is again, this is the March contract
for the Australian futures market.
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It's going to basically do the same thing.
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Our Australian dollar pair does and
four X, but what you're seeing here
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cannot be seen in trading Forex
and air, all these guys that get
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on Facebook and on the internet and
Twitter, and they know everything about
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Forex and they knew the insides and
everything that, that secret, okay.
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The buzzword smart money.
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And now it's institutional trading.
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Everything is making its way and
everybody else's curriculum now,
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but none of them talk about this.
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Okay.
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00:03:21,670 --> 00:03:26,350
And this is where I learned the
things that Larry Williams taught
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in his book, how I made a million
dollars trading commodities last year
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wrote that book in the seventies.
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Folks, you know, we're in 2017 now,
very, very few things have the longevity
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00:03:39,010 --> 00:03:41,019
of what has been taught in his book.
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I mean, for less than it
costs for a pair of shoes.
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You literally can buy a book that
if you have no understanding about
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how commodities move and how they're
priced and all that business, uh,
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00:03:51,750 --> 00:03:56,010
to me, I think that is an essential
part of every trader's library.
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00:03:56,130 --> 00:03:59,220
Again, the title is how I made a
million dollars trading commodities
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00:03:59,220 --> 00:04:06,390
last year, by Larry Williams in his
book, he talks about how he was taught.
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00:04:06,510 --> 00:04:07,410
He didn't discover it.
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00:04:07,470 --> 00:04:09,630
He was taught this by his friend.
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And I think if I'm not mistaken, I
think he names his friend in that book.
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00:04:13,290 --> 00:04:16,050
But the, uh, if not, you
can find it on YouTube.
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00:04:16,079 --> 00:04:20,460
You do a search on Larry Williams and
open interest, but the, the fact that
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open interest is the most misunderstood
data point in trading is a wonderful
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00:04:28,230 --> 00:04:29,460
opportunity for you as a trader.
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If there is nothing.
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00:04:32,700 --> 00:04:33,690
Thanks just for a second.
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00:04:35,520 --> 00:04:41,610
If there is 100% control over price,
there has to be someone control.
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We're going to glibly
call that smart money.
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If they are controlling it, why
would they want to control it?
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Greed.
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00:04:52,880 --> 00:04:54,740
They want to make money
just like anybody else does.
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Banks are not in the business
to go out of business.
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They're in business to buy and
sell money or provide means for
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00:05:02,450 --> 00:05:07,370
you to borrow money, to pay them
interest on the usage of that money.
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00:05:08,720 --> 00:05:10,220
That's just one facet of it.
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00:05:10,760 --> 00:05:12,770
There's also speculation.
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That is the mist most misunderstood realm
because it's not widely talked about.
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00:05:18,470 --> 00:05:20,960
You have to be in that arena.
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00:05:21,260 --> 00:05:24,590
You have to be there to know
anything about it, and you are
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00:05:24,590 --> 00:05:26,630
forced to not talk about anything.
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So I had to create a language if you will.
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Okay.
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To be able to talk where the
things I understood are effectively
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communicated, but also doesn't
put me out there where I'm.
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That's why we are in this teaching.
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00:05:45,960 --> 00:05:52,380
Uh, this, this medium, the things that
I quickly learned that were apparent in
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the marketplace is that yes, there is a
entity out there that is 100% interested
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in offsetting large funds because they
have real huge orders in the marketplace.
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00:06:04,740 --> 00:06:09,330
And if they can upset them or take them
out of the marketplace, they know that
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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
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reprice aggressively the other way.
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00:06:23,700 --> 00:06:25,380
And they can profit from that.
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They're not looking at Owanda or FX Em's
books and saying, okay, well, you know,
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00:06:30,090 --> 00:06:31,469
we're going to really punish retail today.
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Retail is just following the, you know,
the blind leader of all these texts.
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All that stuff.
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You know, it leads you to losses.
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That's a derivative of you doing
what you've been told to do, and it's
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00:06:47,625 --> 00:06:51,915
doesn't have any basis in how the
markets actually work once in a while.
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They will work.
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But you're not, it's not because of that.
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It didn't happen because the
divergent, since the casting, it
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00:06:57,525 --> 00:07:01,275
didn't happen because your Wolf wave
or your harmonic crab riding on the
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00:07:01,275 --> 00:07:03,705
back of an Eagle's wings pattern
doesn't that, that doesn't happen.
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00:07:03,915 --> 00:07:04,245
Okay.
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00:07:04,515 --> 00:07:08,865
Price is moving based on where the large
funds orders are, where that open float is
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00:07:09,705 --> 00:07:14,415
when these hard timeframe charts that's,
what's drawing price, but because the
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00:07:14,415 --> 00:07:20,175
price is going to allow the bank level
traders to get in and build positions in.
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00:07:20,595 --> 00:07:25,305
Otherwise, if it was really just, uh,
the central banks repricing, it would be
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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.
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The traders have to have a opportunity to
work inside that position, to capitalize
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00:07:35,670 --> 00:07:37,980
on the mood that is engineering for them.
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00:07:39,870 --> 00:07:44,520
How do we know when the banks smart
money are actually going in and buying?
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00:07:44,880 --> 00:07:49,860
If we know that there's a likelihood that
71 50 on Aussie dollar is potentially
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00:07:49,860 --> 00:07:52,680
bullish, what evidence is there?
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That there is in fact smart money
buying it well inside that blue
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shaded area in here, I have a great
deal of insight to share with you.
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00:08:01,820 --> 00:08:04,590
You need some of you already know
some about something about this, but
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00:08:04,590 --> 00:08:10,930
I want you to think about this every
three months, this occurs right?
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00:08:10,930 --> 00:08:11,800
Just down your notepad.
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00:08:12,430 --> 00:08:14,800
If you're busy, big
changing diapers, okay.
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00:08:14,950 --> 00:08:17,260
Doing dishes hide from your boss.
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00:08:17,470 --> 00:08:23,530
Write this down every three
months, this pattern occurs
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where you're at a support level.
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00:08:28,419 --> 00:08:30,609
And major higher timeframe support level.
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00:08:31,150 --> 00:08:35,409
If you see an expectation that the
price should be bullish, we have been
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trading lower and we hit the level
like we're seeing here at 71 50.
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That's what?
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00:08:41,400 --> 00:08:43,809
Just let me go back one more time
to show you the weekly chart.
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There's that?
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71 50 level down here.
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We've been there before in may.
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Okay.
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So look at that level here.
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You can see that 71 50, that level
has been hit perfectly his nails it.
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Okay.
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00:09:03,590 --> 00:09:06,470
And then it runs away as price hit it.
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As price hit this level here,
this purple line in here.
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I want you to look at what was
going on as price was dropping down.
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Okay.
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All through this market
structure shift in November.
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Okay.
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00:09:20,840 --> 00:09:21,410
What's happening.
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00:09:23,140 --> 00:09:25,150
Yes price is repricing going lower.
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It's allowing bank level traders to
be short and capitalize on that move.
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00:09:29,140 --> 00:09:31,810
But also open interest is also declining.
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00:09:33,070 --> 00:09:34,390
Why are, why is that happening?
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Why is open interest declining
when this moves dropping down?
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00:09:40,660 --> 00:09:42,070
What, what significance is that?
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00:09:43,510 --> 00:09:48,190
Because if you read very William's
book, he says his buddy told him if
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00:09:48,220 --> 00:09:56,515
the market is in consolidation all
through here, all between 77 and 74
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00:09:56,515 --> 00:10:00,310
54, August, September, and October
price was in a big trading range.
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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
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00:10:06,730 --> 00:10:08,530
figure and rejects and trading.
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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
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00:10:16,250 --> 00:10:20,630
interest increasing as the trend goes, if
that's a healthy trend that works for bull
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markets, doesn't work for down markets.
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00:10:24,140 --> 00:10:26,240
That's a misnomer that's misinformation.
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00:10:27,050 --> 00:10:30,380
Larry Williams says when open
interest drops while you're in
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00:10:30,380 --> 00:10:34,130
consolidation, we're in consolidation
all through August, September,
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00:10:34,130 --> 00:10:36,860
October, price drops down in here.
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00:10:37,010 --> 00:10:39,050
We have a big drop in open interest.
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00:10:39,680 --> 00:10:45,260
Open interest is the total
open longs and shorts that are
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00:10:45,260 --> 00:10:46,280
in the marketplace right now.
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00:10:47,210 --> 00:10:51,680
If the central bank is the storehouse
for price, it's their currency.
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00:10:51,710 --> 00:10:52,520
It's their commodity.
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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.
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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,
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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
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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
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00:11:52,605 --> 00:11:55,095
central bank is providing counterparts.
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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
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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.
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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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