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These are the user uploaded subtitles that are being translated: 1 00:00:00,030 --> 00:00:00,480 Hello folks. 2 00:00:00,480 --> 00:00:01,080 Welcome back. 3 00:00:01,650 --> 00:00:06,180 This is a quick overview about how we're going to be conducting ourselves 4 00:00:06,450 --> 00:00:10,350 through the mentorship going forward and how to make sure you have all 5 00:00:10,350 --> 00:00:12,360 the access that you're paying for. 6 00:00:13,440 --> 00:00:19,500 If you look at this screen here, this is a highlight to where you need to be 7 00:00:19,500 --> 00:00:23,340 clicking to make sure you have all of the content notifications and alerts. 8 00:00:24,450 --> 00:00:25,770 He click on the subscribe button. 9 00:00:26,910 --> 00:00:27,599 Indicated here. 10 00:00:28,410 --> 00:00:30,330 Uh, this is located at the bottom. 11 00:00:31,830 --> 00:00:35,489 Uh, when you face the first click on the January monthly mentorship 12 00:00:36,180 --> 00:00:41,700 thread, the first thing that pops up is this, and it'll show you the 13 00:00:41,700 --> 00:00:44,099 subscribe button, click on that. 14 00:00:45,480 --> 00:00:47,580 And it's important that you have a valid email address. 15 00:00:48,855 --> 00:00:52,335 In your username and profile for the forum. 16 00:00:53,055 --> 00:00:55,125 If you don't have that, you're not going to be alerted to 17 00:00:55,125 --> 00:00:56,205 when I give you information. 18 00:00:57,150 --> 00:00:59,130 Uh, about new posts or such. 19 00:00:59,670 --> 00:01:07,740 Um, I may be linking only in Twitter for very time-sensitive engagements, 20 00:01:08,670 --> 00:01:11,280 but for the most part, we're going to be on a schedule going forward. 21 00:01:12,450 --> 00:01:16,650 And just as a reminder, tomorrow morning at 9:30 AM, New York time. 22 00:01:16,680 --> 00:01:18,270 That's our next live session. 23 00:01:19,590 --> 00:01:24,300 And I'll have that also on the post after clicking the subscribe button 24 00:01:24,300 --> 00:01:25,470 and having a valid email address. 25 00:01:27,195 --> 00:01:31,575 You'll have an email sent to you whenever there's a new post made by me in the 26 00:01:31,575 --> 00:01:36,285 thread, the daily delivery will be posted. 27 00:01:37,095 --> 00:01:41,685 With charts and examples, I'm going to only be giving you dialogue via the forum. 28 00:01:41,745 --> 00:01:43,425 I don't want Twitter being abused. 29 00:01:43,455 --> 00:01:44,985 So please don't ask me anything. 30 00:01:44,985 --> 00:01:48,765 That's sensitive with the material, especially now that we're in 2017. 31 00:01:49,815 --> 00:01:51,884 I won't answer any questions via Twitter. 32 00:01:52,995 --> 00:01:57,495 You can link me if you need something like as soon as possible, if you're a really 33 00:01:57,495 --> 00:01:59,735 hot button topic, you need something to. 34 00:02:00,854 --> 00:02:01,604 Be answered right. 35 00:02:01,935 --> 00:02:03,315 As fast as I could possibly get to it. 36 00:02:03,975 --> 00:02:06,045 Uh, Twitter is probably the best way to do it. 37 00:02:06,085 --> 00:02:08,685 Link me a, a question via Twitter. 38 00:02:09,134 --> 00:02:10,215 Don't give me any subject. 39 00:02:10,215 --> 00:02:10,815 Matter about it. 40 00:02:11,115 --> 00:02:14,055 Just say, Hey ICT, when you get a chance, can you answer this? 41 00:02:15,135 --> 00:02:16,275 I can click on the link from Twitter. 42 00:02:16,275 --> 00:02:18,825 It'll take me right into the forum and then everyone can see 43 00:02:18,825 --> 00:02:20,475 the responses there as well. 44 00:02:20,894 --> 00:02:23,465 I don't want anyone being able to screen, capture and share. 45 00:02:24,359 --> 00:02:27,870 Uh, they're buddies, uh, when they ask a question, whether you realize it or 46 00:02:27,870 --> 00:02:32,519 not just a mere question asking can give a lot of insights to something 47 00:02:32,519 --> 00:02:37,019 that otherwise may have never been obvious to others outside of our group. 48 00:02:38,550 --> 00:02:41,880 So just make sure you're subscribed that way we can get the content. 49 00:02:42,500 --> 00:02:46,340 And if your Twitter goes quiet, it's because this is the medium 50 00:02:46,340 --> 00:02:49,310 that we're gonna be using, going through the form majority of time. 51 00:02:49,370 --> 00:02:49,579 Okay. 52 00:02:49,579 --> 00:02:51,859 Let's take a look at, uh, what the dollar's done today. 53 00:02:51,920 --> 00:02:57,230 The last, uh, market review I gave you, um, before the weekend we looked at. 54 00:02:58,335 --> 00:02:59,925 How the market had treated. 55 00:03:00,045 --> 00:03:04,155 We traded down through fair value gap in here all the way down into 56 00:03:04,185 --> 00:03:06,765 the last, down in Canada, which is a bullshitter block right here. 57 00:03:07,185 --> 00:03:10,035 And I asked you, now that we've done, that we traded down into the bull shorter 58 00:03:10,035 --> 00:03:16,095 block here, and the Euro had traded up above the bodies of these candles. 59 00:03:18,555 --> 00:03:21,405 The cable traded up into the bottom of this last up 60 00:03:21,415 --> 00:03:22,305 Canada, which is a bear shore. 61 00:03:24,135 --> 00:03:25,365 Hit that are traded off. 62 00:03:25,484 --> 00:03:27,045 Where was price going to go? 63 00:03:27,195 --> 00:03:29,745 That was the question I posed you now, where do you think it's going to go? 64 00:03:29,775 --> 00:03:32,265 We had bear shorter block on cable rejection. 65 00:03:32,325 --> 00:03:36,105 We have a rejection block above these bodies of these candles trading through 66 00:03:36,105 --> 00:03:39,945 it, rejecting it at the same time, the dollar at the same time, the dollar index 67 00:03:39,945 --> 00:03:41,565 trades down into a bullish shorter block. 68 00:03:41,865 --> 00:03:43,125 What makes us a bullet shorter block? 69 00:03:43,125 --> 00:03:46,065 It's the last down candle right before this big expansion 70 00:03:46,215 --> 00:03:47,565 and it blows out the candle. 71 00:03:47,565 --> 00:03:49,755 Once this is high is taken out here. 72 00:03:49,935 --> 00:03:50,745 We know this is a bullet or. 73 00:03:51,945 --> 00:03:53,805 We also have an old high back here as well. 74 00:03:53,835 --> 00:03:56,415 The buyers of the candles draw that out in time. 75 00:03:56,715 --> 00:03:58,035 It's going to be sensitive around that one. 76 00:03:58,035 --> 00:04:03,045 Oh one 60 level, the 1 0 1 50 mean threshold on candles down here. 77 00:04:03,075 --> 00:04:06,045 Never even considered going that low trade to it here. 78 00:04:06,045 --> 00:04:08,954 Now I'm not making the case that because around the holidays, the 79 00:04:09,045 --> 00:04:12,765 volume is rather thin that price action can be rather exaggerate. 80 00:04:14,040 --> 00:04:18,300 But nonetheless, you can see the reaction that we had moved away from this level 81 00:04:18,300 --> 00:04:20,219 here and then took out the highs here. 82 00:04:20,459 --> 00:04:24,060 I'm actually surprised that we didn't get to that 1 0 4 level on a dollar today. 83 00:04:24,780 --> 00:04:27,810 Um, this gap here may not appear on your charts. 84 00:04:28,229 --> 00:04:34,169 Um, for X LTD, stayed close and reopened a little bit later 85 00:04:34,169 --> 00:04:35,880 than most other broker terms. 86 00:04:35,880 --> 00:04:36,360 Apparently. 87 00:04:36,360 --> 00:04:36,599 So. 88 00:04:37,530 --> 00:04:40,409 I guess the boys felt the need to take another day off after 89 00:04:40,620 --> 00:04:44,669 bringing his new year, they're looking at the Canadian dollar. 90 00:04:46,289 --> 00:04:50,789 We traded also down into this down candle rate for this last portion up on the move. 91 00:04:51,690 --> 00:04:54,360 It will be interesting to see what we do on this level. 92 00:04:54,539 --> 00:04:57,659 And we'll be monitoring that if we stay above it through the 93 00:04:57,659 --> 00:04:59,099 night, going through London. 94 00:05:00,180 --> 00:05:04,170 So we watching this level here tomorrow, if there's any indication that there 95 00:05:04,170 --> 00:05:08,550 may be something to watch, uh, during the New York session, uh, nine 30 96 00:05:09,180 --> 00:05:10,800 is our meeting time again tomorrow. 97 00:05:11,520 --> 00:05:16,080 And I'm going to give you some study points to go through, getting 98 00:05:16,140 --> 00:05:20,400 your mind prepared for the longterm and higher timeframe perspective 99 00:05:20,460 --> 00:05:22,530 as it relates to macro analysis. 100 00:05:24,390 --> 00:05:26,820 Nothing else that I can talk to you about today, because 101 00:05:26,910 --> 00:05:27,660 there's nothing that we can. 102 00:05:28,425 --> 00:05:31,545 Really specifically nailed down for an opportunity because we're 103 00:05:31,545 --> 00:05:32,895 not trying to trade at this moment. 104 00:05:33,525 --> 00:05:35,835 We sit on our hands the first two weeks of January. 105 00:05:36,690 --> 00:05:40,380 There's a lot of things that we can teach and cover over those two weeks. 106 00:05:40,890 --> 00:05:45,510 So while we waiting for new market opportunities that you'll have lessons 107 00:05:45,510 --> 00:05:49,950 and things to look for in build your preparation for, uh, the delivery of the 108 00:05:49,950 --> 00:05:52,979 content for January, so that we, when we close this month, you have a great 109 00:05:52,979 --> 00:05:56,010 understanding of how we look at higher timeframe, charts, top-down analysis. 110 00:05:56,800 --> 00:06:00,730 Ideas from these timeframes to build position trades that we can 111 00:06:00,730 --> 00:06:03,520 frame that all around the context on the higher timeframe charts. 112 00:06:03,940 --> 00:06:07,930 So again, meeting tomorrow at 9:30 AM, I do not see any reason for me to 113 00:06:07,930 --> 00:06:13,150 tweet, except for a reminder that we will be starting 15 minutes after I 114 00:06:13,150 --> 00:06:19,270 give you a tweet and the link for the live sessions, they will be in a post. 115 00:06:20,920 --> 00:06:23,500 So every day when I give you content. 116 00:06:24,420 --> 00:06:28,860 If there's going to be a live session the next day, I will have a next 117 00:06:28,860 --> 00:06:31,980 day's date up for the, for the post. 118 00:06:32,610 --> 00:06:36,210 And the link for that days live session will be in it. 119 00:06:36,210 --> 00:06:40,890 For instance, like tomorrow is going to be Wednesday, December 4th, every 120 00:06:40,890 --> 00:06:45,510 day, you're going to be looking for a new link the next day for the live 121 00:06:45,510 --> 00:06:49,260 sessions, that way, you know exactly where to find the next day's live session. 122 00:06:50,385 --> 00:06:52,784 And then when that lie session's over. 123 00:06:52,784 --> 00:06:56,895 And I populate that day with the content or the recording for the live session. 124 00:06:56,895 --> 00:06:59,835 If we have one, I will change that to the recording. 125 00:06:59,835 --> 00:07:05,805 So the links for the live session to join the live session will always be 126 00:07:05,805 --> 00:07:09,495 on the forum until the session ends. 127 00:07:09,555 --> 00:07:13,215 Then I'm going to remove that link because I don't want to confuse anybody 128 00:07:13,215 --> 00:07:16,335 thinking that there's another live session right now, or, or whatever. 129 00:07:17,010 --> 00:07:20,400 The links only stay up there until the session begins. 130 00:07:20,400 --> 00:07:22,080 And then I'm going to go into the form right before. 131 00:07:22,080 --> 00:07:25,140 That's why I'm getting a 15 minute headstart letting you know that. 132 00:07:25,650 --> 00:07:30,299 Um, session's about to begin before I hit the recording button during the live prob 133 00:07:30,330 --> 00:07:32,190 yes, I will remove that link from the. 134 00:07:33,300 --> 00:07:36,360 So that way, no one else can get tripped up later on in the day. 135 00:07:36,390 --> 00:07:40,800 If you can't be there during the live portion of it, trust me nothing in this 136 00:07:40,800 --> 00:07:42,300 month is going to be that time sensitive. 137 00:07:42,330 --> 00:07:44,909 Cause we're going to focusing primarily on higher timeframe charts. 138 00:07:45,330 --> 00:07:49,020 So our analysis there's going to be aligned with the next day's trading. 139 00:07:49,380 --> 00:07:51,030 So it'd be really far in advance. 140 00:07:51,030 --> 00:07:55,169 So you guys can take a look at what we can see with some prognostication skills. 141 00:07:55,800 --> 00:07:59,190 So until tomorrow at 9:30 AM, New York time, which good luck and. 12575

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