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Good morning folks.
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Welcome back.
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Okay.
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We're gonna do some analysis
on the current market action
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on all the pairs that we watch.
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And then I'm gonna go over some
of the major points as to what
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led me to outline the levels.
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As you're seeing in the charts in the
last couple of weeks, we've been pretty,
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pretty spot on with the market direction,
certain levels that we've been noting.
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I've been forcing perspective
on you on a daily chart.
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Some of you, uh, you know, are very
appreciative that now, uh, in fact,
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I've gotten many emails, uh, no last 40
hours because of the importance of this
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timeframe, having made its impression
on you finally, uh, not all of you and
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I'm inviting you all to send me an email
because I get a lot of email as it is.
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It's not necessarily, you can send me a
tweet, if that would be sufficient enough.
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Some of you are acknowledging the fact
that, you know, looking at this timeframe
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and relaxing a little bit, not demanding
idiot, 15 minute timeframes, looking
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for a sec, set up the signals every day.
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This gives you the, the model on what
type of trade you're going to be.
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It.
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You can see the day trades.
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You already know what it looks
like on the lower timeframes.
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You already know what it looks like
to be a one shot, one kill, uh,
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trader looking for that weekly range.
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You don't know how to trade him
specifically or consistently,
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but you can see how they can
form using this daily timeframe.
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So I'm encouraged as a
mentor to hear that feedback.
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I really appreciate getting that
from, from a number of you already.
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Uh, and haven't even gotten through
all of the content or January.
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Um, some of the folks that are in our
mentorship, um, or, uh, the two that have.
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Um, voice their opinion about concerns,
about whether or not the, uh, there's
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any validity or value to this because
I spend too much time in hindsight.
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Um, again, I can't tell you, you
know, any clearer than I have already
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done using the daily timeframe, we're
really mapping out what the market's
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doing submission to this daily chart.
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It's going to break a lot of your wills
and you see they're going to make you a
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better trader or it's going to force you
to be reactionary on a lower timeframe.
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And for those that have listened
to the instructions about going
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into this month, it's going to
forge a great deal of patience.
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It's going to force you to look for
things that you don't generally look at.
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That means what the large
areas of liquidity you're
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going to be drawing on price.
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So when we look at daily charts,
every single day, I've been.
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You releasing my specific levels of
study, what I'm looking for in terms of
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the buy-side and sell-side liquidity,
some of the questions I've got by email.
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And I think if I'm not mistaken, I think
I saw one on Twitter, but it wasn't as
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clear and distinct as the vocabulary
used in the email, it was very direct
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and said, look, you know, um, I need
to know what's going to happen on the
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right side of the chart because we're
talking too much on the left side.
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You know, I need to know what's
going on here because I need
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to know I can trust the guy I'm
spending my time and my money on.
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And sir, you know who you are and I'm not
trying to, you know, make a case about,
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you know, any one particular opinion, but
I just want you to be realistic about it.
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Okay.
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When all of you look at the charts and
all the analysis and the concepts that
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I'm employing each week, Every time I give
you a chart recently here it's before.
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Well, certainly before 3:00 PM Eastern
standard time or New York time.
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So it's an advance.
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You all have it and I'm encouraging
you to download it that way.
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There's no changing or editing on my part.
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I can't change that.
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Okay.
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So if I give you the levels on both sides
buy-side and sell-side liquidity, what
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should you be doing with that information?
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So I'm going to clear that up
this morning, so that way, and I
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thought this was pretty clear, but
apparently some of you don't have,
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um, and don't understand what it is
I'm supposed to be having you do.
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So I have that also include the date too.
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So we're gonna start with that now, when I
give you buy-side and sell-side liquidity.
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Okay.
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What you're supposed to be doing is you
have a range it's been defined by me.
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By default, I'm forcing you to look inside
of a specific segment of price action.
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It's kinda like a, uh, uh, a bookend.
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Okay.
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This is the, uh, the ending
point for the upside.
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And this is the ending
point for the downside.
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And when prices in between these
two areas, when I share it on a
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daily chart, what I'm encouraging
you to do is study which side the
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markets trying to draw to imagine.
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Uh, I used to do this a lot when I
was in middle school and grade school.
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I used to play with magnets all the
time, and I would invariably take
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staples out of the paperwork that the
teacher would give me, or I'd put a
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little pieces of a metallic flake from
the, uh, the shop, because we used
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to have a wood shop and metal shop.
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And I would take these little
shavings and play with that stuff
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with a magnet and move the magnet
around underneath the desk.
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And it would move to park was
around well prices, just like that.
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Imagine a magnet being.
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And a magnet being down here as the
price gets closer to one of these levels,
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it's going to embarrassingly draw to it.
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It's going to jump to it.
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What you're looking for in your
studying on the daily chart is there's
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going to be obvious clues as to what
side the market wants to reach for.
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It's either going to want to
reach for the buy side or it's
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going to reach for the sell side.
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This is a skill set that you'll
learn because institutional
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order flow there's rules.
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Okay.
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There's things that you have to look for.
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There's fingerprints on how they move
price from one level to the next,
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this exercise by fortune you, by
looking at a daily chart and studying
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where the buy-side liquidity is, or
the liquidity pool for buy stops.
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This is what we're saying here, or the
Southside liquidity or where the sell
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stops would be there pending orders.
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That's areas where new orders
would come in or existing
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orders would be executed on.
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Because we don't have a real order book
in a sense like what, like Atlanta has.
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Um, they have, they supposedly they're
showing you their, their order book.
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Who's who's net long who's net short and
where's it re uh, existing orders that
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doesn't really exist in the sense that
there's this too vast of a marketplace.
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It doesn't have a centralized
here's what all the orders are.
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Okay.
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So the algorithm knows by reaching
back in time to specific price levels
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that are very generically defined is
there's nothing ambiguous about them.
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You know, it's the, it's the main
things we've already talked about.
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Main thing is, is old high, old, low,
because that's the number one thing that
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everyone's trained to do is put a buy
stop above an old high and a sell, stop,
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blow an old well, but you've seen this
this month, that there's a great deal of.
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The validity to just focusing
on this timeframe and by looking
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at the buy-side and sell-side
liquidity areas that I've no doubt.
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It's not that I'm trying to put out there
of a bracket of the marketplace and wait
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for one to get hit and say, now look
how smart we are, or specifically me.
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I'm telling you what side I'm telling
you before the fact where it's going.
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So I'm leading you to where you
should be focusing because I'm trying
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to reinforce the idea of seeing
it pan out over and over again.
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You're getting a subtle nudge by me.
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Hey, look, the market's going here.
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Okay.
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But this is where the
buy-side liquidity is.
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And look at every time
it wants to go up there.
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Does it want the state in that direction?
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No.
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This candle went up, blew out the bodies
of these candles over here, even the
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WIC, and then rejected this candle here.
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It started to go up at this
at one point in this day.
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It looked like a bullish candle.
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It was engulfing this body's candle
here, and this candle is body right now.
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Let me say that backwards.
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I'm dyslexic.
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When I talk about candlesticks the
body on this candle at one time, was
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it opened here and had a full green
candle at one time, then it rejected
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and went lower and closed lower.
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So again, my question is, as you're
watching each day, instead of opening
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these charts up and waiting for some kind
of little notation saying, okay, we're
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going to buy here and we're going to look
to take our profits here, or this is a
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new area to sell or anything like that.
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The idea is for you to get in here and
draw up all kinds of notes in the areas.
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That's open, make notations note.
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The fact that it was going to be unable
to get up there and hit that area.
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This up candle didn't even get touched.
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Then this candle here started
bullishly but look, they couldn't,
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they couldn't maintain it and went
down below the midpoint, or it
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means threshold of this down here.
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So, is it indicating its willingness to
want to go to these buy-side liquidity
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or is it indicating that it wants to
go down to the sell side liquidity?
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Clearly it, each day it's given you
clues that it wants to go lower now
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using EFTA all I'm doing is telling
you where the large fund liquidity is.
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There are shorter term or near
term buy and sell stops as well.
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Even though this is a big area where
large funds would have buying interest
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and selling interest down here, you
have these equal bodied candles here.
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So there's going to be a small liquidity
pool of sell stocks below here and now
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this new swing high, because as soon
as this candle closes and before this
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candle starts trading, oh, actually
only this panel really starts trading.
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This candle has closed.
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So now we have a three bar
pattern or a swing high.
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So liquidity would be resting right above
this high here, but look at the bottom.
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We would need to get it
all the way up there.
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All you need is the bias of each of
these candles in here that represents a
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period, a period where price was unable
to, with a great deal of volume, make
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a move consists considerably higher.
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All it did was make one there.
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So both candles traded here.
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It opened here, tried to go higher.
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It rejected and it went down.
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So there was no real desire to get
above this swing high here, this high
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with a lower high and a lower high
here, it only just went above it.
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Just a brief, small little piercing
of this high here, and then rejected
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by watching the daily chart.
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It slows things down considerably.
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00:10:50,620 --> 00:10:52,960
And for some of you, that's a
blessing because you're trying to
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00:10:52,960 --> 00:10:55,930
make too many decisions throughout
the week, which leads to too many
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trades, which leads to overtrading,
which leads to hemorrhaging of your
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00:10:59,800 --> 00:11:01,360
equity, even if it's a demo account.
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00:11:02,530 --> 00:11:08,505
So by having these ideas on your chart
and me nudging you telling you, okay, I
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believe that the buy-side liquid is going
to be hit here, or I believe that the
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00:11:11,234 --> 00:11:12,555
sell side liquid's going to be hit here.
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00:11:12,734 --> 00:11:15,165
I believe the range is going to
maintain this level, but still
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00:11:15,165 --> 00:11:17,594
have a downward, uh, draw on price.
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00:11:18,405 --> 00:11:20,114
We're in a larger consolidation.
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00:11:21,645 --> 00:11:27,285
I noted this in the dollar index, but
we were leading to this level here.
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00:11:28,484 --> 00:11:30,104
We didn't talk about buy-side liquidity.
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00:11:30,104 --> 00:11:31,665
We didn't want to be a buyer up here.
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00:11:31,994 --> 00:11:35,295
The underlying direction was
we were barest dollar, but
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sideways, larger consolidation.
195
00:11:37,545 --> 00:11:38,204
What does that mean?
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00:11:38,655 --> 00:11:42,344
That means that we're seeing a
steady little drain lower each
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00:11:42,344 --> 00:11:46,064
time, not a massive sell off where
it just keeps blowing through this.
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00:11:46,364 --> 00:11:48,344
We've already seen price
trade down below it.
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00:11:48,464 --> 00:11:51,435
And this morning at one time,
it traded right back up to the
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body of these candles in here.
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00:11:53,084 --> 00:11:55,814
So I was revisiting old area of support.
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00:11:56,594 --> 00:11:59,084
Now it's going to act as
resistance, but now does it have
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a willingness to go much lower?
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00:12:00,645 --> 00:12:01,724
It hasn't shown it.
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00:12:01,724 --> 00:12:02,535
Hasn't shown it yet.
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00:12:03,314 --> 00:12:04,094
What day of the week is.
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00:12:05,025 --> 00:12:05,715
It's Tuesday.
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00:12:06,194 --> 00:12:10,455
So there's potential that this
could be forming a weekly, low you'd
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00:12:10,455 --> 00:12:12,435
never know that you never know that.
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00:12:12,795 --> 00:12:16,515
So you have to look for clues just by
looking at one chart and you can't come
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00:12:16,515 --> 00:12:19,485
to the conclusion that, okay, the weekly
range is forming the low here or the
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00:12:19,485 --> 00:12:21,015
weekly ranges forming the high here.
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00:12:21,675 --> 00:12:24,915
You have to build in the
ideas of all the other pairs.
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00:12:25,275 --> 00:12:28,155
And like we talked about last
night, intermarket analysis.
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00:12:28,245 --> 00:12:32,145
What are the other asset classes in groups
telling you what should be taking place?
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00:12:32,535 --> 00:12:35,715
Should there be a larger, longer
term sell off on the dollar index
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00:12:35,715 --> 00:12:39,225
or it should be, should we be
seeing some, some consolidation or
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00:12:39,225 --> 00:12:42,135
a reversal and reusing of uptrend?
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00:12:43,185 --> 00:12:47,625
All those questions are answered by
utilize utilizing all these concepts
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00:12:47,625 --> 00:12:49,005
and tools in concert with one another.
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00:12:50,115 --> 00:12:55,335
So when we look at the daily charts,
when I draw up buy-side and sell-side
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00:12:55,335 --> 00:12:58,125
liquidity, number one, you've
already got a predefined range.
223
00:12:58,845 --> 00:13:00,495
So don't expect much beyond.
224
00:13:01,365 --> 00:13:01,844
Right now.
225
00:13:02,115 --> 00:13:02,474
Okay.
226
00:13:02,535 --> 00:13:06,824
At least don't expect in the next 24
hours, some of you get really ambitious
227
00:13:06,885 --> 00:13:11,535
about how you think the market's going to
trade and you'll start looking at up here.
228
00:13:12,285 --> 00:13:12,525
Okay.
229
00:13:12,525 --> 00:13:15,645
Or you'll look all the way over here.
230
00:13:16,035 --> 00:13:16,334
Okay.
231
00:13:16,365 --> 00:13:18,735
And there's all these other
reference points that are closer
232
00:13:18,735 --> 00:13:21,015
to you that you have to study.
233
00:13:21,074 --> 00:13:24,224
You have to see what influence they have
on price, because I'm gonna tell you right
234
00:13:24,224 --> 00:13:28,395
now, when you look at charts like this in
hindsight, when we talk about, okay, we
235
00:13:28,395 --> 00:13:31,905
talked this, it was going to be unlikely,
be touch, but we were talking about this.
236
00:13:31,905 --> 00:13:33,855
Most likely being touched
with the sell side liquidity.
237
00:13:35,145 --> 00:13:39,464
When that's discussed in hindsight,
it's frustrating to some of you, because
238
00:13:39,495 --> 00:13:42,074
number one, it doesn't equate to a trade.
239
00:13:42,464 --> 00:13:44,415
It doesn't equate to profitability.
240
00:13:44,415 --> 00:13:45,615
You didn't make any money off of it.
241
00:13:45,974 --> 00:13:50,084
And I can't change that perception on
it because I've already told you that
242
00:13:50,084 --> 00:13:53,564
you're supposed to be learning how
to discern where the market's going,
243
00:13:54,375 --> 00:13:55,495
because you can't get this lesson.
244
00:13:55,495 --> 00:13:55,574
Right.
245
00:13:56,565 --> 00:14:01,875
I can tell you all day long entries and
exit, uh, techniques on any skillset
246
00:14:01,875 --> 00:14:05,925
of trading, whether it be short-term
day trading or scalping or swing, it's
247
00:14:05,925 --> 00:14:09,735
still going to cause you to lose money
because you're going to not understand
248
00:14:09,735 --> 00:14:13,995
what this particular timeframe we studied
all this month and still will refer.
249
00:14:13,995 --> 00:14:18,195
The reigning portion of this month
has been telling you everything that
250
00:14:18,195 --> 00:14:22,815
I lead your attention to in this
daily timeframe will help you in
251
00:14:22,845 --> 00:14:27,615
every form of trading, but you have
to make the notations and each day,
252
00:14:27,855 --> 00:14:29,445
give yourself a little notation next.
253
00:14:29,505 --> 00:14:29,895
Okay.
254
00:14:30,495 --> 00:14:31,275
I gave you a chart.
255
00:14:31,965 --> 00:14:34,265
You print somewhere, you can type it out.
256
00:14:34,305 --> 00:14:35,295
You can go into Ms.
257
00:14:35,295 --> 00:14:38,505
Paint and put it out there yourself,
or preferably this is what I would do.
258
00:14:38,775 --> 00:14:42,195
I would print the chart out and yes, it's
going to cost you some money for, for ink.
259
00:14:42,645 --> 00:14:43,065
Okay.
260
00:14:43,275 --> 00:14:44,625
But who are you investing the money in?
261
00:14:44,625 --> 00:14:46,545
I don't, I'm not getting
that money spent on me.
262
00:14:46,725 --> 00:14:47,685
You're spending it on you.
263
00:14:48,375 --> 00:14:54,630
It's for your it's for your, uh,
So, yes, print the charts out.
264
00:14:55,020 --> 00:14:57,030
Know you can print it out in
a black and white, gray scale.
265
00:14:57,060 --> 00:14:59,250
You don't have to use a lot of ink
there, settings on your printer.
266
00:14:59,260 --> 00:15:01,800
You can change that, but it's
going to cost you a little bit
267
00:15:01,800 --> 00:15:03,870
of time to do this each day.
268
00:15:04,260 --> 00:15:06,660
And it's going to cost you a little
bit of money, Uber, over and above
269
00:15:06,660 --> 00:15:10,830
what you spend for the mentorship,
but that's money being spent on you.
270
00:15:11,190 --> 00:15:13,110
And it's time that you're
spending on yourself.
271
00:15:13,620 --> 00:15:16,230
No one else is seeing these notations
and no one else is going to get
272
00:15:16,230 --> 00:15:17,760
the, the benefit of having it.
273
00:15:18,150 --> 00:15:23,460
But every single time you see a new candle
paint in a new daily chart is updated.
274
00:15:24,390 --> 00:15:27,090
You should be noting what
you're thinking inside.
275
00:15:27,450 --> 00:15:28,770
Literally write it down.
276
00:15:28,800 --> 00:15:32,490
Even it doesn't have to be a
long-winded, you know, expo, uh,
277
00:15:32,550 --> 00:15:34,110
explanation about everything.
278
00:15:34,110 --> 00:15:36,240
You're thinking what you think right now.
279
00:15:37,260 --> 00:15:40,680
I thought that the arm, the daily
candle at one time today was bullish.
280
00:15:40,710 --> 00:15:43,170
I thought it was going to try to make
a run for it, a buy-side liquidity,
281
00:15:43,410 --> 00:15:44,880
but it closed lower on a day.
282
00:15:45,090 --> 00:15:47,280
So now I have learned.
283
00:15:48,225 --> 00:15:49,935
This is a much stronger draw.
284
00:15:50,204 --> 00:15:52,725
It's showed a willingness to
want to not get up there on this
285
00:15:52,725 --> 00:15:54,314
candle and it confirmed it here.
286
00:15:54,795 --> 00:15:57,375
And we're below the middle
of this down candle.
287
00:15:57,855 --> 00:16:01,395
So it should start making a
run for that area over here.
288
00:16:01,395 --> 00:16:06,375
We shaded it in the red, so I should
expect to see each day, see very
289
00:16:06,375 --> 00:16:11,265
little upside and a lot of the
candles range beyond the downside.
290
00:16:11,444 --> 00:16:17,395
And it should stay with a down
close here's Sonny's opening
291
00:16:17,725 --> 00:16:19,194
here's Monday's trading here.
292
00:16:19,194 --> 00:16:20,035
We are on Tuesday.
293
00:16:21,055 --> 00:16:21,355
Okay.
294
00:16:21,714 --> 00:16:25,285
Even on Tuesday today, we seen the
price want to get up, but where's it
295
00:16:25,285 --> 00:16:27,265
going to just any old random place?
296
00:16:27,295 --> 00:16:30,714
No, it's going back to the buyers
of the candles over here and it's
297
00:16:30,714 --> 00:16:32,305
showing willingness to sell off again.
298
00:16:32,335 --> 00:16:36,775
So it's finding resistance going
higher still, even after it's gone
299
00:16:36,775 --> 00:16:39,595
below these lows, but it hasn't broke.
300
00:16:39,745 --> 00:16:41,545
Yesterday's low yet significantly.
301
00:16:42,775 --> 00:16:45,595
So we're just in a period
of consolidation and it's.
302
00:16:46,635 --> 00:16:48,555
Weighing out whether or not
it needs to be down here.
303
00:16:50,025 --> 00:16:54,825
In other words, is this
justified being below these lows?
304
00:16:55,725 --> 00:16:55,965
Now?
305
00:16:55,965 --> 00:16:59,085
I like the fact personally, I liked
the fact that we went below here
306
00:16:59,085 --> 00:17:03,225
yesterday and we didn't come all the
way back and close or trade above
307
00:17:03,225 --> 00:17:05,595
this candle's high or Monday's high.
308
00:17:05,655 --> 00:17:09,465
I like that because if we would
have done that today and we still
309
00:17:09,465 --> 00:17:12,075
could, I mean, it's still got a
little bit time today, but if it goes
310
00:17:12,075 --> 00:17:16,485
right back up and closes above this
candle's high, that changes the tune.
311
00:17:16,694 --> 00:17:16,995
Okay.
312
00:17:17,005 --> 00:17:20,505
Now we would then really be looking for
a run to the buy-side liquidity here.
313
00:17:21,915 --> 00:17:23,415
It would be wanting to
draw price up there.
314
00:17:23,805 --> 00:17:24,165
Okay.
315
00:17:24,465 --> 00:17:31,505
Now using EFTA the interbank
price delivery algorithm.
316
00:17:32,165 --> 00:17:38,525
When we have an expectation of what the
market should be doing, directional lies.
317
00:17:38,555 --> 00:17:38,915
Okay.
318
00:17:39,245 --> 00:17:42,305
Um, that's obviously going to come
from a monthly, weekly, daily.
319
00:17:43,320 --> 00:17:46,410
Now I haven't introduced anything
with a monthly, weekly chart yet,
320
00:17:46,410 --> 00:17:47,760
but you're going to get that today.
321
00:17:48,330 --> 00:17:53,550
We're gonna be talking about, uh, the
monthly, um, pain de arrays, where we map
322
00:17:53,580 --> 00:17:57,400
out what the hard timeframe charts are,
are doing, and whether the algorithm will
323
00:17:57,510 --> 00:17:59,790
be seeking liquidity based on those ideas.
324
00:18:00,720 --> 00:18:04,740
Once you have that monthly and weekly, uh,
teaching, once that happens, everything
325
00:18:04,740 --> 00:18:08,430
we've done so far for the month, it'll gel
you'll know exactly what you're looking
326
00:18:08,430 --> 00:18:09,900
for on the, on the hard timeframe charts.
327
00:18:10,350 --> 00:18:14,940
And after tonight, you'll know
what it is that brings you to a
328
00:18:14,940 --> 00:18:17,670
daily bias or the weekly range.
329
00:18:17,700 --> 00:18:19,260
What direction should
that weekly range be?
330
00:18:19,260 --> 00:18:20,130
Should it be up or down?
331
00:18:20,430 --> 00:18:23,220
And by that, it gives you a plethora
of trading signals because you
332
00:18:23,220 --> 00:18:26,340
could be a scalper or day trader or
short-term trader and trade one shot.
333
00:18:26,340 --> 00:18:34,110
One kills when you have, when you
have the idea of the, or accept,
334
00:18:34,110 --> 00:18:34,980
rather than just say it like that.
335
00:18:35,010 --> 00:18:39,510
When you accept the idea that the
market is pushed around by an algorithm.
336
00:18:39,870 --> 00:18:40,260
Okay.
337
00:18:41,790 --> 00:18:45,660
It's sometimes a hard thing to accept.
338
00:18:45,810 --> 00:18:48,720
And for some of you you're struggling,
you just don't want to accept it.
339
00:18:49,170 --> 00:18:53,340
Um, cause I can't, I can't prove it to you
by saying, okay, here's the proof of it.
340
00:18:53,670 --> 00:18:56,130
And here's, here's the,
here's the programmer of it.
341
00:18:56,340 --> 00:18:59,190
And this is where it's centralized
and it says where it's located
342
00:18:59,190 --> 00:19:01,380
and here's the people that work
on it when there's issues with it.
343
00:19:01,740 --> 00:19:03,150
I can't do any of those things.
344
00:19:03,480 --> 00:19:03,750
Okay.
345
00:19:03,750 --> 00:19:07,740
I can only tell you by showing you
evidences of it before the fact and why
346
00:19:07,740 --> 00:19:09,210
it's going to do what it does in price.
347
00:19:09,210 --> 00:19:18,060
My only testimony to it is if it didn't
exist, there's no justification for
348
00:19:18,060 --> 00:19:23,690
me to be able to do the things I do
in the chart, the levels I call, the
349
00:19:23,730 --> 00:19:27,720
things that we outlined before, the
fact, all those things come by way of my
350
00:19:27,720 --> 00:19:29,700
understanding of what that algorithm does.
351
00:19:30,810 --> 00:19:35,960
And because it repeats itself over and
over and over again, to me, that would be
352
00:19:35,960 --> 00:19:43,440
enough to convince me, but maybe I'm just,
you know, You too, too gullible, I guess.
353
00:19:43,860 --> 00:19:49,590
But nonetheless, when we have our
study on a daily timeframe, when
354
00:19:49,590 --> 00:19:52,320
we involve IPTA data ranges, okay.
355
00:19:53,880 --> 00:19:55,020
Let's pull up our
356
00:19:58,030 --> 00:19:58,710
dividers here.
357
00:19:58,730 --> 00:19:58,840
Now.
358
00:19:58,840 --> 00:20:00,430
It's just going to show each month.
359
00:20:00,460 --> 00:20:02,050
Each vertical line is a new month.
360
00:20:02,590 --> 00:20:02,920
Okay.
361
00:20:03,940 --> 00:20:07,720
And what we're going to do is
we're going to show a range.
362
00:20:24,540 --> 00:20:24,870
Okay.
363
00:20:25,470 --> 00:20:31,680
Now this is 60 spaces over, or
basically approximately 60 trading days.
364
00:20:31,680 --> 00:20:34,740
Now I don't attribute anything to Sundays.
365
00:20:36,220 --> 00:20:38,050
I just think Sundays is a partial day.
366
00:20:38,580 --> 00:20:42,970
I used to make a lot of case about
Sundays being, uh, you know, a relevant
367
00:20:42,970 --> 00:20:47,320
thing because I wanted to trade every
day and Sunday sometimes gave us a gap.
368
00:20:47,320 --> 00:20:51,490
And then you, that would give me the
catapult and all those patterns that we
369
00:20:51,490 --> 00:20:52,720
talked about when we were on baby pips.
370
00:20:54,310 --> 00:20:55,960
I'm not so concerned
about Sundays anymore.
371
00:20:55,990 --> 00:20:58,510
In fact, I wish they didn't even exist.
372
00:20:58,510 --> 00:21:01,470
I wish they would just start
trading on Mondays and not have a
373
00:21:01,510 --> 00:21:04,540
weekend day, but it is what it is.
374
00:21:04,540 --> 00:21:07,100
And some brokers and some
platforms are going to have it.
375
00:21:07,100 --> 00:21:07,899
And some of them aren't.
376
00:21:08,230 --> 00:21:11,440
And like I said, that's one of the
other reasons why as a mentor, I
377
00:21:11,440 --> 00:21:15,160
wish they didn't have it because
it creates so many email questions
378
00:21:15,190 --> 00:21:18,220
that I just will answer here.
379
00:21:18,399 --> 00:21:22,270
You know, just disregard Sunday,
you know, pretend it doesn't exist.
380
00:21:22,690 --> 00:21:23,950
You know, just focus on Monday.
381
00:21:23,950 --> 00:21:27,160
There's going to be times where
Sunday is going to have an influence,
382
00:21:27,190 --> 00:21:30,670
but it's so rare and any worth
it worth, even considering it.
383
00:21:33,764 --> 00:21:36,405
We have a range of 60 days in here.
384
00:21:36,915 --> 00:21:37,334
Okay.
385
00:21:37,395 --> 00:21:42,735
And what we do is at the beginning
of January, which is right in here,
386
00:21:44,175 --> 00:21:50,534
the maximum data range is 60 trading
days that we look back to the look
387
00:21:50,534 --> 00:21:54,975
back period is seen right there.
388
00:21:55,485 --> 00:21:55,965
Okay.
389
00:21:56,385 --> 00:22:01,875
So now at the beginning of January,
as we began a new month, what
390
00:22:01,875 --> 00:22:05,205
we do is we go back and say,
okay, what's the furthest back.
391
00:22:05,205 --> 00:22:07,605
We would look back for, for liquidity.
392
00:22:08,294 --> 00:22:09,615
We looked back 60 days.
393
00:22:10,064 --> 00:22:10,395
Okay.
394
00:22:10,665 --> 00:22:12,794
60 days gives us this range here.
395
00:22:12,855 --> 00:22:18,975
So I'm going to add a vertical line
and the vertical line here, the
396
00:22:18,975 --> 00:22:22,605
lanes, the, the market far, as far
as we go back in time and I'm gonna
397
00:22:22,615 --> 00:22:24,945
take the other vertical stuff off,
it kind of clears it up a little bit.
398
00:22:26,685 --> 00:22:29,175
The, the up-to-date arrange.
399
00:22:29,175 --> 00:22:33,915
We'll look back about 60 trading days
and it'll define the range based on that.
400
00:22:34,304 --> 00:22:38,745
So what we've already done is
we have now a new trading range.
401
00:22:41,574 --> 00:22:47,665
We have the highest high was here
because this trading day here is January.
402
00:22:48,324 --> 00:22:50,695
This trading day here is December.
403
00:22:50,725 --> 00:22:54,685
So we don't have this yet, but looking
back, we would go back this far.
404
00:22:55,195 --> 00:22:55,554
Okay.
405
00:22:56,274 --> 00:23:00,774
So this is the highest high during
this whole time before January
406
00:23:00,774 --> 00:23:03,294
starts, and this is the lowest low.
407
00:23:05,215 --> 00:23:05,425
Okay.
408
00:23:05,425 --> 00:23:10,014
So we have a range right there.
409
00:23:11,334 --> 00:23:15,655
So 60 days back, this is the
low, and this is the high.
410
00:23:16,405 --> 00:23:19,165
So this is where the buy-side
liquidity is on that range.
411
00:23:19,165 --> 00:23:21,054
And this is where the Southside
side liquidity is on that range.
412
00:23:21,324 --> 00:23:21,685
Okay.
413
00:23:22,405 --> 00:23:23,455
We also have.
414
00:23:37,540 --> 00:23:38,500
40 days back.
415
00:23:40,750 --> 00:23:41,169
Okay.
416
00:23:41,919 --> 00:23:44,950
Now you're probably saying, well,
why am I worried about the 40 days
417
00:23:45,230 --> 00:23:46,960
if we encapsulate the whole 60 days?
418
00:23:46,960 --> 00:23:47,889
Doesn't I do the whole thing?
419
00:23:47,889 --> 00:23:50,379
No, because I want to show
you the difference in why it's
420
00:23:50,379 --> 00:23:51,700
important to have a 40 day range.
421
00:23:51,700 --> 00:23:52,450
Look back as well.
422
00:23:53,169 --> 00:23:54,399
We have this range here.
423
00:23:55,480 --> 00:23:55,750
Okay.
424
00:23:55,750 --> 00:24:01,690
So from this point of this high and we
have the lowest low would be on this
425
00:24:01,690 --> 00:24:03,850
actual candle, this candle is low.
426
00:24:03,850 --> 00:24:08,379
So we're have to look at that by moving it
over and move it over a little bit here.
427
00:24:08,800 --> 00:24:08,950
Okay.
428
00:24:08,950 --> 00:24:10,210
So we have a new range here,
429
00:24:15,639 --> 00:24:16,540
right there.
430
00:24:23,160 --> 00:24:23,520
There you go.
431
00:24:25,140 --> 00:24:29,040
So we have a low here and we
still have that same high here.
432
00:24:30,890 --> 00:24:33,140
This is a low inside of that range.
433
00:24:33,140 --> 00:24:38,870
So from looking back before January
starts, as soon as December last trading
434
00:24:38,870 --> 00:24:44,060
day occurs and closes, we can immediately
go into looking at IFTA and defining
435
00:24:44,060 --> 00:24:47,060
where the liquidity pools are and where
the large institutional draw price.
436
00:24:48,800 --> 00:24:50,480
This is the low on the 40 day range.
437
00:24:51,230 --> 00:24:55,250
And this is the high
below these lows in here.
438
00:24:55,280 --> 00:24:58,310
Sell-side liquidity where we're
actually identifying right now.
439
00:24:58,310 --> 00:25:00,520
Why I use this level here?
440
00:25:00,550 --> 00:25:04,220
Why I told you it was going to go in the
best level, because I used, if does 40
441
00:25:04,220 --> 00:25:06,620
day look back and it gives us this here.
442
00:25:07,160 --> 00:25:07,580
Okay.
443
00:25:08,060 --> 00:25:09,470
Now, would we consider this.
444
00:25:11,560 --> 00:25:14,470
Even though it's in the range,
looking back 40 days, would this high
445
00:25:14,470 --> 00:25:16,960
be considered and I'm going to ask
rhetorical, I'm not looking at questions.
446
00:25:16,960 --> 00:25:19,270
I'm just going to assume that
you're all nodding your head.
447
00:25:19,270 --> 00:25:19,930
Yes or no.
448
00:25:20,530 --> 00:25:20,889
Okay.
449
00:25:21,280 --> 00:25:24,340
The question is, would you
consider this high for APTA?
450
00:25:25,149 --> 00:25:28,270
No, because it's already traded above it.
451
00:25:29,050 --> 00:25:30,100
So there's no liquidity here.
452
00:25:30,100 --> 00:25:30,340
Now.
453
00:25:30,370 --> 00:25:32,470
It's already been, it's been absorbed.
454
00:25:33,639 --> 00:25:36,100
We're looking for highs and lows.
455
00:25:36,490 --> 00:25:38,800
Now this is the low end
of the 40 day range.
456
00:25:38,800 --> 00:25:41,590
Cause looking back, this is
the 40 day marker right there.
457
00:25:42,070 --> 00:25:43,750
So that candles low is the low end.
458
00:25:44,560 --> 00:25:45,760
And then we have this low in here.
459
00:25:46,419 --> 00:25:49,780
So we have sell side liquidity
at that low, which is also
460
00:25:50,680 --> 00:25:52,180
not surprisingly an old high.
461
00:25:52,570 --> 00:25:53,470
See how they line up.
462
00:25:54,280 --> 00:25:56,770
There's you're going to see this
a whole lot of overlapping that
463
00:25:56,770 --> 00:25:58,149
you never noticed in the charts.
464
00:25:58,990 --> 00:26:02,919
By doing this, you have a sell-side
liquidity resting below these loads here.
465
00:26:03,490 --> 00:26:05,919
You can use the Wix, but we like
to use the body since that's the
466
00:26:05,919 --> 00:26:07,960
bulk of the volume and in the high.
467
00:26:09,705 --> 00:26:13,544
The next range is the 20.
468
00:26:18,284 --> 00:26:18,975
Didn't want to do that.
469
00:26:23,314 --> 00:26:31,445
And what I'm doing, I'm drawing at
see that 26 25, 24, 23, 22, 21 20.
470
00:26:31,715 --> 00:26:35,375
And that's a 20 day range looking
back that takes us right back down
471
00:26:35,375 --> 00:26:38,824
to that same area here so that
we have this low and nothing's
472
00:26:38,824 --> 00:26:40,024
changed on the sell side liquidity.
473
00:26:40,415 --> 00:26:46,175
So we have this on the 60, 40, and 20
huge liquidity pool wrestling right there.
474
00:26:47,895 --> 00:26:48,284
Okay.
475
00:26:48,465 --> 00:26:51,885
So on the sell side liquidity,
that's why I've told you the sell
476
00:26:51,885 --> 00:26:53,175
side liquidity is right there.
477
00:26:53,625 --> 00:26:55,814
It hasn't been gyrating
and moving all around.
478
00:26:55,814 --> 00:26:58,185
It's staying right there
the whole entire month.
479
00:26:58,185 --> 00:27:01,844
We've been looking at this
particular level right there, the
480
00:27:01,844 --> 00:27:03,495
same high as maintained as well.
481
00:27:03,794 --> 00:27:07,155
So the buy-side liquidity this
entire month, has it been reached in.
482
00:27:08,755 --> 00:27:10,225
No, it has not.
483
00:27:11,215 --> 00:27:17,095
But inside this 20 day range, there's
also with this low of the low, we have
484
00:27:17,095 --> 00:27:22,525
this low in here and we have this low,
when it was created, which went below this
485
00:27:22,525 --> 00:27:26,425
one, we have this low, we have this low.
486
00:27:27,145 --> 00:27:30,085
Now think about what it's
telling you every single time.
487
00:27:31,435 --> 00:27:31,735
Okay.
488
00:27:31,735 --> 00:27:32,695
This is what we saw here.
489
00:27:33,145 --> 00:27:42,085
A rate there that's the range that you
would have the 60, 40, and then you
490
00:27:42,085 --> 00:27:48,795
have the 20, which would be rate there.
491
00:27:49,305 --> 00:27:52,185
So you're looking back to see
where the stops are on the
492
00:27:52,185 --> 00:27:54,165
buy-side and sell-side okay.
493
00:27:54,405 --> 00:27:55,905
That's just for liquidity pools.
494
00:27:56,355 --> 00:27:58,815
You're also doing it
for fair value ranges.
495
00:27:58,965 --> 00:28:02,145
In other words, going back into
previous order blocks, whether
496
00:28:02,145 --> 00:28:05,505
people wish or bearish, but
you have to have a range that.
497
00:28:07,165 --> 00:28:11,545
For instance, we have this, this is
the last trading day of December.
498
00:28:11,815 --> 00:28:12,205
Okay.
499
00:28:12,325 --> 00:28:16,165
And we haven't started trading January
yet, so you're looking back 20 days.
500
00:28:16,524 --> 00:28:17,635
Where's the range.
501
00:28:18,534 --> 00:28:18,835
Okay.
502
00:28:18,835 --> 00:28:22,315
We have this low and we
have the defined high here.
503
00:28:22,735 --> 00:28:23,155
Okay.
504
00:28:23,845 --> 00:28:28,225
So I'm going to take these little
boxes off because I'm not sure
505
00:28:28,225 --> 00:28:30,925
if it's distracting you, but
it's sure as heck distracting me.
506
00:28:30,985 --> 00:28:34,045
I want to make sure I can
see the price let's take.
507
00:28:34,045 --> 00:28:41,695
I don't want to take the line off,
take that off and take this off
508
00:28:44,155 --> 00:28:46,375
and this off, not that Michael.
509
00:28:51,024 --> 00:28:52,915
And by having that cleaned up.
510
00:28:53,095 --> 00:28:54,415
So this is the 60 day.
511
00:28:55,465 --> 00:28:56,935
I'll add some graphics on the recording.
512
00:28:57,295 --> 00:28:57,985
This is a 60 day.
513
00:28:57,985 --> 00:28:58,435
Look back.
514
00:28:58,435 --> 00:28:59,965
This is the 40 days, uh, look back.
515
00:28:59,965 --> 00:29:01,315
And this is a 20 look back.
516
00:29:02,665 --> 00:29:03,504
We had the low.
517
00:29:04,890 --> 00:29:05,280
Okay.
518
00:29:05,280 --> 00:29:06,120
And we have the high here.
519
00:29:06,120 --> 00:29:08,550
So buy-side liquidity is up here
and sell-side is, as it's been
520
00:29:08,550 --> 00:29:10,290
noted all month for January.
521
00:29:10,770 --> 00:29:11,790
So buy-side liquidity.
522
00:29:12,690 --> 00:29:16,230
We have 1, 2, 3 times to try
to get up there by stocks.
523
00:29:16,230 --> 00:29:17,190
We'll be resting above that.
524
00:29:17,580 --> 00:29:20,940
But between this low and
this high, what ranges exist?
525
00:29:21,840 --> 00:29:22,860
Well, I have two of them.
526
00:29:23,070 --> 00:29:25,110
We have this range here
where it expanded up.
527
00:29:25,110 --> 00:29:27,120
So this is a down candle
rate for the up move.
528
00:29:27,129 --> 00:29:29,430
So this is what, this is a bull or block.
529
00:29:31,820 --> 00:29:32,030
Okay.
530
00:29:32,030 --> 00:29:33,650
So there's a bullshitter
block right there.
531
00:29:34,940 --> 00:29:35,240
Okay.
532
00:29:35,240 --> 00:29:36,410
Price comes down and hits it.
533
00:29:36,440 --> 00:29:38,360
Is there a response a little bit?
534
00:29:41,580 --> 00:29:42,480
Here's the response?
535
00:29:42,480 --> 00:29:43,710
It goes to the buy-side liquidity.
536
00:29:44,040 --> 00:29:44,250
Okay.
537
00:29:44,250 --> 00:29:48,150
So it hit an area of institutional order
flow bullets or block inside of the
538
00:29:48,150 --> 00:29:50,850
range inside of the last 20 trading days.
539
00:29:51,420 --> 00:29:54,000
So if there's going to look here,
here's the air Archy and all this,
540
00:29:54,450 --> 00:29:58,320
you want to look back in the last 20
days, regardless of what day it is.
541
00:29:58,350 --> 00:30:00,260
I'm just using the beginning
of January to frame.
542
00:30:01,605 --> 00:30:04,995
You can start by looking at a
market structure shift, okay.
543
00:30:04,995 --> 00:30:10,125
Or a quarterly shift find that most
recent one in the last three months, you
544
00:30:10,125 --> 00:30:14,324
can start there or you can start at the
beginning of the current month you're in.
545
00:30:14,835 --> 00:30:17,564
Or if you're in the middle of
the month, you want to go back
546
00:30:17,564 --> 00:30:18,855
to the previous full month.
547
00:30:19,095 --> 00:30:21,764
You can start there by doing this.
548
00:30:21,764 --> 00:30:23,985
They will automatically put you in sync.
549
00:30:24,465 --> 00:30:26,564
You can't mess it up because
the range is 60 days.
550
00:30:26,564 --> 00:30:30,885
Looking back, it's going to force
you to a range of a high in the low.
551
00:30:31,155 --> 00:30:33,735
And invariably, it's going to show
you where the liquidity pools are.
552
00:30:34,304 --> 00:30:38,595
All it's doing is giving you a mindset
or framework to work within looking
553
00:30:38,595 --> 00:30:43,574
at how you should go into price,
studying where liquidity pools, a
554
00:30:43,585 --> 00:30:46,754
fair value gaps and, uh, order blocks.
555
00:30:46,814 --> 00:30:50,865
What, which one you should be
focusing on right now by doing that,
556
00:30:51,105 --> 00:30:52,635
you'll see that it's very system.
557
00:30:53,565 --> 00:30:57,135
It continuously gyrates back and
forth in these ranges, excuse me.
558
00:30:57,495 --> 00:31:01,215
So last 60 days, that's the
majority of all the working
559
00:31:01,605 --> 00:31:02,685
ranges you're going to work with.
560
00:31:03,675 --> 00:31:05,415
You don't have to go farther
than that many times.
561
00:31:05,475 --> 00:31:10,845
And now if this occurs where you blow
out the buy stops and or the sell stocks
562
00:31:10,845 --> 00:31:14,415
had been blown out, the highest highs
and the lowest loan last 60 trading
563
00:31:14,415 --> 00:31:18,285
days, if they've both been violated and
are back in the middle of range, then
564
00:31:18,285 --> 00:31:22,785
you just start looking at the ranges
on the 40 and a 20, but you still have
565
00:31:22,785 --> 00:31:27,825
to identify what the highest highs and
lowest low past or to the left of the 60
566
00:31:27,825 --> 00:31:31,725
days would be because that's going to be
the new open float range where the, the
567
00:31:31,725 --> 00:31:33,585
larger liquidity pools will be resting.
568
00:31:33,585 --> 00:31:35,565
And it's usually going to be able
to find that one, a weekly chart.
569
00:31:36,075 --> 00:31:37,005
And we'll talk more about that.
570
00:31:37,095 --> 00:31:40,395
Uh, you know, when we get into the
discussion on that timeframe, but for
571
00:31:40,395 --> 00:31:44,715
here, I want you to look at here's
20 days back, this is an oral block.
572
00:31:44,745 --> 00:31:47,205
It hits it, and there's a response
and goes right to the buy stops.
573
00:31:47,595 --> 00:31:47,775
Okay.
574
00:31:47,775 --> 00:31:50,235
So now you have another
new, a new range here.
575
00:31:50,655 --> 00:31:51,405
So this can't be.
576
00:31:52,335 --> 00:31:53,024
It's this now.
577
00:31:54,915 --> 00:31:57,554
So this is your high and
your low is down here,
578
00:32:02,465 --> 00:32:03,004
right there.
579
00:32:03,754 --> 00:32:04,115
Okay.
580
00:32:04,504 --> 00:32:12,455
So you're, if the data range is
here for 20 days for 40 days, okay.
581
00:32:14,105 --> 00:32:15,365
It's this low down here
582
00:32:18,365 --> 00:32:19,205
and still this high.
583
00:32:21,445 --> 00:32:24,595
So what you're doing every single
trading day, you're looking and
584
00:32:24,595 --> 00:32:26,635
see where is price being drawn?
585
00:32:26,814 --> 00:32:31,314
So now we have a higher high up here with
this high formed with all these lows in
586
00:32:31,314 --> 00:32:33,475
here, we have now new swing low here.
587
00:32:33,745 --> 00:32:37,855
So inside the last 20 days, we have sell
side liquidity at below this low sell side
588
00:32:37,855 --> 00:32:42,085
liquidity below this low in a larger sell
side liquidity pool resting rate in here.
589
00:32:43,075 --> 00:32:44,814
Watch each day as it forms.
590
00:32:45,445 --> 00:32:46,304
Now it closes in the.
591
00:32:47,250 --> 00:32:48,689
Here by side.
592
00:32:48,689 --> 00:32:51,840
Liquidity is up here still south
of liquidity below this low, below
593
00:32:51,840 --> 00:32:54,479
this low sell side liquidity, and
again, self liquidity below here.
594
00:32:56,100 --> 00:32:57,780
It goes and takes a
sell side liquidity out.
595
00:32:57,780 --> 00:33:01,229
Now, once this has been taken out on
this candle here, there's a little
596
00:33:01,229 --> 00:33:02,520
bit of responsiveness right there.
597
00:33:02,550 --> 00:33:02,790
Boom.
598
00:33:02,790 --> 00:33:03,179
It hits it.
599
00:33:03,719 --> 00:33:07,919
Is it going to draw for the buy-side
liquidity or is it going to continue
600
00:33:07,919 --> 00:33:08,939
for the sell-side liquidity?
601
00:33:12,020 --> 00:33:13,070
It's in consolidation.
602
00:33:13,070 --> 00:33:15,679
It goes up, closes in this little
range, which we talked about
603
00:33:17,149 --> 00:33:18,830
what it's a gap in other words.
604
00:33:19,040 --> 00:33:19,399
Okay.
605
00:33:19,550 --> 00:33:25,490
So looking back each trading day,
each trading day, all of these ranges.
606
00:33:26,389 --> 00:33:26,840
Okay.
607
00:33:26,870 --> 00:33:32,840
Looking back, they move dynamically
forward every single new trading day.
608
00:33:32,990 --> 00:33:35,330
That's why you want to use like a
rectangle because you can just keep
609
00:33:35,330 --> 00:33:38,090
dragging an Uber one and looking back.
610
00:33:38,300 --> 00:33:41,209
And all you're really doing is
looking back at the last 60 trading.
611
00:33:42,030 --> 00:33:45,990
And defining where the high and
low is you looking for any ranges
612
00:33:46,050 --> 00:33:47,580
in those last 60 trading days.
613
00:33:47,730 --> 00:33:51,510
That means a rally out like this, where
it creates a void where only buy-side
614
00:33:51,510 --> 00:33:53,160
the delivery on price has been made.
615
00:33:53,730 --> 00:33:55,050
Then you find a down candle.
616
00:33:55,080 --> 00:33:57,270
That's the one they're going
to look to recapitalize.
617
00:33:57,690 --> 00:34:00,090
You see it here, even though
it was a smaller responsiveness
618
00:34:00,210 --> 00:34:03,930
on the part of a few days, it
still was a nice bounce in there.
619
00:34:04,920 --> 00:34:06,000
It created a gap in here.
620
00:34:06,210 --> 00:34:10,050
Price came down, clued cleared out the
sell side liquidity here, and then rally
621
00:34:10,050 --> 00:34:13,440
here just to close in this little gap
between these two candles here, because
622
00:34:13,440 --> 00:34:17,130
there was no buy-side delivery and there
was no green candles, nothing there.
623
00:34:17,159 --> 00:34:19,170
It only opened this candle
here and traded down.
624
00:34:19,470 --> 00:34:21,120
So nothing was offered on the upside.
625
00:34:21,630 --> 00:34:25,770
So price came up and create that
gap closure and then sold off.
626
00:34:26,220 --> 00:34:28,620
We saw consolidation, but now
look, it takes out the sell
627
00:34:28,620 --> 00:34:30,240
side liquidity here and here.
628
00:34:30,720 --> 00:34:31,380
So what is it?
629
00:34:31,560 --> 00:34:35,220
What's the algorithm telling you
it wants to do, is it showing you
630
00:34:35,220 --> 00:34:37,230
that it wants to go higher or is it.
631
00:34:39,169 --> 00:34:42,109
It's only interested in cell side.
632
00:34:43,219 --> 00:34:48,620
So that means what they're engineering a
book that's heavily net short, and they're
633
00:34:48,830 --> 00:34:51,319
punishing those that want to buy this.
634
00:34:51,319 --> 00:34:54,500
Cause they're attacking all logical
areas of where cell stops would be.
635
00:34:56,609 --> 00:35:00,149
Once the cell side liquidity is taken
out below this low here, we have a
636
00:35:00,149 --> 00:35:03,629
buy-side liquidity pool, resting a bar
here and still the larger one up here.
637
00:35:04,410 --> 00:35:06,990
Now watch does price give
us any indication that it
638
00:35:06,990 --> 00:35:07,980
wants to go to the buy-side?
639
00:35:08,069 --> 00:35:09,990
No, we have another swing low here.
640
00:35:10,109 --> 00:35:10,830
What has it done?
641
00:35:11,189 --> 00:35:12,899
It ran that sell side liquidity out.
642
00:35:13,049 --> 00:35:14,069
It's reaching for what?
643
00:35:14,759 --> 00:35:18,450
This whole entire larger south side
liquidity pool that's been talked about.
644
00:35:18,450 --> 00:35:22,430
All of January price.
645
00:35:22,430 --> 00:35:25,759
Does what comes back up consolidates a
little bit and takes out the buyers of
646
00:35:25,759 --> 00:35:27,379
these cans on here, which we talked about.
647
00:35:27,859 --> 00:35:30,319
We could have seen a trade back
up into this order block here,
648
00:35:30,529 --> 00:35:33,740
but even when we noted that it
showed us no desire to get up.
649
00:35:34,350 --> 00:35:36,210
I didn't get up there at all.
650
00:35:36,240 --> 00:35:36,780
Rejected.
651
00:35:36,780 --> 00:35:39,900
The interest of getting
hired was not there.
652
00:35:41,040 --> 00:35:44,880
So where's the sell side liquidity
at below here and below here.
653
00:35:48,130 --> 00:35:49,120
And that's what you're saying today.
654
00:35:50,350 --> 00:35:55,360
So all you're doing is you're looking
back 60 trading days to find out
655
00:35:55,360 --> 00:35:57,100
where these liquidity pools are.
656
00:35:57,250 --> 00:35:59,620
The old highs, almost
where the order blocks are.
657
00:35:59,620 --> 00:36:00,610
Where's the ranges.
658
00:36:01,690 --> 00:36:02,080
Okay.
659
00:36:02,290 --> 00:36:03,760
And you're working in that range.
660
00:36:04,030 --> 00:36:07,720
You're trying not to spend too much time
outside of that range and looking at
661
00:36:07,720 --> 00:36:09,310
other things, keep your focus on that.
662
00:36:09,760 --> 00:36:11,890
Now what's the, uh, what's the cast tour.
663
00:36:11,920 --> 00:36:18,880
What's the approach to that when we have
a new month, like we do here in January
664
00:36:20,740 --> 00:36:22,120
and it changes color a little bit.
665
00:36:29,440 --> 00:36:29,620
Okay.
666
00:36:29,620 --> 00:36:30,640
So here's January.
667
00:36:32,220 --> 00:36:35,460
So, what you're doing is once
you have this beginning time.
668
00:36:35,580 --> 00:36:35,940
Okay.
669
00:36:35,940 --> 00:36:39,299
It could be, um, like you
could start this on February.
670
00:36:39,990 --> 00:36:40,380
Okay.
671
00:36:40,620 --> 00:36:45,990
And your look back from February, go back
through January, December in November and
672
00:36:45,990 --> 00:36:47,759
define the highest high and lowest low.
673
00:36:48,750 --> 00:36:49,049
Okay.
674
00:36:49,049 --> 00:36:52,140
And that's where large fund liquidity
pools are gonna be resting, large
675
00:36:52,140 --> 00:36:53,069
liquidity going to be there.
676
00:36:53,430 --> 00:36:56,970
So by having a range of
20 days forward, okay.
677
00:36:56,970 --> 00:37:01,170
What's you're anticipating is, is
you're going to anticipate a high and
678
00:37:01,170 --> 00:37:03,120
a low forming in the next 20 days.
679
00:37:04,080 --> 00:37:07,259
Well, here's that, that new
calendar month beginning here.
680
00:37:08,190 --> 00:37:09,900
And we're going to put a range of 20.
681
00:37:12,810 --> 00:37:13,140
Okay.
682
00:37:13,140 --> 00:37:19,620
And what this is doing is forcing
you to anticipate swing highs and
683
00:37:19,620 --> 00:37:25,020
swing lows that form in this 20 day
period, once this occurs, it's going
684
00:37:25,020 --> 00:37:26,970
to give you the anticipatory skills.
685
00:37:27,990 --> 00:37:33,870
To start saying, okay, in this range,
in the next 20 days, there are long-term
686
00:37:33,870 --> 00:37:39,420
trend followers on a fund level that use
that range to get into long-term trends.
687
00:37:39,509 --> 00:37:41,250
And the perfect example
is the turtle traders.
688
00:37:41,460 --> 00:37:41,790
Okay.
689
00:37:42,330 --> 00:37:45,000
Um, I'm not framing on
that, but it's just true.
690
00:37:45,000 --> 00:37:45,810
Long-term trend.
691
00:37:45,810 --> 00:37:50,310
Following traders use these validations
to get in sync with long-term
692
00:37:50,310 --> 00:37:55,380
trends, a 20 day break higher when
it's a bullish underlying market.
693
00:37:55,380 --> 00:37:56,370
Long-term debt.
694
00:37:56,430 --> 00:37:57,569
Very good entry point.
695
00:37:57,569 --> 00:38:00,630
If you look at it, I mean,
it's hard to argue with it.
696
00:38:00,930 --> 00:38:04,319
The problem is, is many times the
markets are not poised to go higher
697
00:38:04,650 --> 00:38:08,370
and a breakout of the last 20 days,
high, many times it's a false breakout
698
00:38:08,400 --> 00:38:11,040
and it returns back in the middle
of range or reverses all together.
699
00:38:12,210 --> 00:38:14,430
We can use this insight going forward.
700
00:38:14,850 --> 00:38:19,259
Once we have a delineation that begins
this whole, uh, count forward, just
701
00:38:19,259 --> 00:38:20,339
usually the beginning of the month.
702
00:38:20,400 --> 00:38:20,850
Okay.
703
00:38:21,240 --> 00:38:22,980
Once this occurs, you're
going to count for.
704
00:38:24,089 --> 00:38:25,140
20 trading days.
705
00:38:25,620 --> 00:38:25,830
Okay.
706
00:38:25,830 --> 00:38:29,009
And in that range, you're going to be
focusing on where the swing highs are.
707
00:38:29,250 --> 00:38:33,960
When we see a new swing high form,
for instance, we had a, let me
708
00:38:33,960 --> 00:38:34,919
stretch this out a little bit.
709
00:38:34,950 --> 00:38:35,129
Yeah.
710
00:38:35,190 --> 00:38:36,419
This is the swing high here.
711
00:38:37,500 --> 00:38:38,850
We have a swing high here.
712
00:38:40,049 --> 00:38:43,859
We have a swing low here and a swing
low is a candle that has a low, with
713
00:38:43,859 --> 00:38:44,819
a higher load through right of it.
714
00:38:45,120 --> 00:38:46,470
And a higher, low to left of it.
715
00:38:47,460 --> 00:38:49,560
This wouldn't look like a
swing of the many of you.
716
00:38:49,560 --> 00:38:52,859
It studied standard technical
analysis because they tell you that
717
00:38:52,859 --> 00:38:55,200
you have to have two candles to the
left and two counts that are right.
718
00:38:55,200 --> 00:38:56,500
And this it's probably
what we've seen as a swing.
719
00:38:56,640 --> 00:38:58,379
It would just be a short
term, low of some kind.
720
00:38:58,859 --> 00:39:02,399
But to me, the way I define it is
any candle that has a lower high on
721
00:39:02,430 --> 00:39:06,810
either side of it, three candles,
total, that's a swing high and a swing.
722
00:39:06,810 --> 00:39:09,180
Why was this the opposite one cannon
with the higher load to the left
723
00:39:09,180 --> 00:39:10,109
and a higher load to the right.
724
00:39:10,980 --> 00:39:14,940
So we have sell side liquidity below this
low, and then we have a swing high here,
725
00:39:14,940 --> 00:39:16,589
which would be buy stocks of both here.
726
00:39:17,069 --> 00:39:18,980
So sell stocks of well
here and buy stocks.
727
00:39:20,690 --> 00:39:24,260
In the next 20 days, you're going to be
looking for where price reaches for that.
728
00:39:24,950 --> 00:39:26,660
It trades through it here.
729
00:39:26,660 --> 00:39:27,890
It takes the buy stops out.
730
00:39:28,250 --> 00:39:30,140
Then it goes down for the
sell stops below here.
731
00:39:30,500 --> 00:39:32,540
We're still inside this
next 20 trading days.
732
00:39:34,280 --> 00:39:38,780
Every single time you see a swing high
it's taking that swing high out and then
733
00:39:38,780 --> 00:39:44,840
moving lower and running for a swing low
it's occurring in the range of 20 days.
734
00:39:45,410 --> 00:39:51,050
Once this occurs, okay, all you're doing
is adding another 20 days to this to 40.
735
00:39:51,740 --> 00:39:57,980
What's going to be discovered in your
analysis is by having a period of 60
736
00:39:57,980 --> 00:40:02,330
days backwards and six days forward,
many times you're going to see a
737
00:40:02,330 --> 00:40:05,210
quarterly market shift in that 120 days.
738
00:40:05,240 --> 00:40:05,630
Period.
739
00:40:07,670 --> 00:40:11,540
You won't see it or expect it unless
you start studying it like this.
740
00:40:11,540 --> 00:40:14,030
And you'll see it actually
materialize real time.
741
00:40:14,480 --> 00:40:15,350
And you'll see the mechanics of.
742
00:40:16,515 --> 00:40:19,995
But the data ranges are just
markers on how far to look
743
00:40:19,995 --> 00:40:22,695
back for existing liquidity.
744
00:40:23,565 --> 00:40:24,255
Looking forward.
745
00:40:24,255 --> 00:40:27,945
20 days forward, all you're doing
is identifying when there's a new
746
00:40:27,945 --> 00:40:29,505
swing high, and then you swing low.
747
00:40:29,955 --> 00:40:32,535
You're expecting that to be ran
out and you're judging whether or
748
00:40:32,535 --> 00:40:34,935
not the market wants to reach for
those buy stocks or sell stocks.
749
00:40:35,295 --> 00:40:39,435
And if it's still reaching from one
side only predominantly, it's telling
750
00:40:39,435 --> 00:40:41,205
you what the algorithm is, pricing in.
751
00:40:41,595 --> 00:40:42,765
It's going to go lower.
752
00:40:43,065 --> 00:40:44,055
So what does that mean?
753
00:40:44,505 --> 00:40:48,615
You go back and you look at your, the look
back period and said, okay, this is where
754
00:40:48,615 --> 00:40:49,845
the sell side liquidity pool is here.
755
00:40:50,325 --> 00:40:51,825
This is where they're
going to be taking price.
756
00:40:52,155 --> 00:40:56,685
You're not taking anything out on the
upside, except for this one here, but
757
00:40:56,685 --> 00:40:58,785
every single time a swing low is formed.
758
00:40:58,785 --> 00:41:01,125
They keep running that
sell, stop, pull out.
759
00:41:01,185 --> 00:41:04,125
It's gone and you can't
gain any new upgrades.
760
00:41:04,875 --> 00:41:06,405
It's only drifting lower.
761
00:41:06,615 --> 00:41:07,035
Okay.
762
00:41:07,485 --> 00:41:10,635
So for me, I'll tell
you what it did for me.
763
00:41:11,715 --> 00:41:12,855
It allowed me to frame.
764
00:41:13,995 --> 00:41:15,495
Trend it allowed.
765
00:41:15,495 --> 00:41:19,214
It allowed me to understand,
um, it it's easy.
766
00:41:19,214 --> 00:41:22,995
It's written in books all the time, you
know, higher, high, lower high, I'm sorry.
767
00:41:22,995 --> 00:41:24,765
Higher high, higher, low, okay.
768
00:41:25,305 --> 00:41:28,214
Price keeps making higher high
price keeps making a higher, low.
769
00:41:28,455 --> 00:41:28,694
Okay.
770
00:41:28,694 --> 00:41:32,685
So therefore the trend should be
higher, but that doesn't always occur.
771
00:41:33,075 --> 00:41:35,115
It doesn't, it doesn't
always occur like that.
772
00:41:35,444 --> 00:41:38,535
For instance, you have a low
here prices making higher highs.
773
00:41:38,835 --> 00:41:41,654
They have a higher, low prices
makes it higher, high and higher,
774
00:41:41,654 --> 00:41:43,365
low, and it makes a higher high.
775
00:41:43,544 --> 00:41:44,654
And then something happened.
776
00:41:44,805 --> 00:41:45,495
What just happened?
777
00:41:46,835 --> 00:41:48,225
There's a change in trend there.
778
00:41:49,424 --> 00:41:52,035
And I wouldn't be able to see
that as a new trader, I would be
779
00:41:52,035 --> 00:41:54,734
looking for trend lines and stuff,
connecting all that stuff together.
780
00:41:55,125 --> 00:41:56,415
And it would be confusing for me.
781
00:41:56,895 --> 00:42:03,645
And because I'm very analytical, hyper
analytical, um, I had to find out
782
00:42:03,765 --> 00:42:07,125
what would make this stuff be robotic.
783
00:42:07,935 --> 00:42:12,555
They had to be stilted, had to be,
um, Well, because I'm a computer
784
00:42:12,555 --> 00:42:15,495
programmer since sixth grade, you
know, was making computer programs when
785
00:42:15,495 --> 00:42:17,595
I was sixth grade in my math class.
786
00:42:17,985 --> 00:42:20,385
Um, I think like that,
I think very binary.
787
00:42:20,925 --> 00:42:24,375
And that's why I struggled with training
initially because I expected it to be
788
00:42:25,185 --> 00:42:27,645
on or off, you know, a one or zero.
789
00:42:27,795 --> 00:42:29,145
It had to be binary.
790
00:42:29,685 --> 00:42:36,945
And for me, when I saw how these orders
are introduced in the marketplace, how
791
00:42:36,975 --> 00:42:41,595
the markets are taken to a specific level
and then taken to another level, okay.
792
00:42:41,655 --> 00:42:42,825
That facilitates trade.
793
00:42:43,215 --> 00:42:44,205
That means there's control.
794
00:42:44,205 --> 00:42:46,305
That means there's artificial
intelligence behind it.
795
00:42:46,305 --> 00:42:48,375
That means there is a program.
796
00:42:48,375 --> 00:42:49,665
That means there is an algorithm.
797
00:42:49,665 --> 00:42:53,145
That means there is an
element of stiltedness.
798
00:42:53,745 --> 00:42:54,855
In other words, it's a program.
799
00:42:55,395 --> 00:43:00,375
So if I know how to computer
program myself, I can go in and
800
00:43:00,375 --> 00:43:04,305
look for the characteristics in
price that would give me the, uh,
801
00:43:04,365 --> 00:43:06,255
the liquidity of the specimens.
802
00:43:07,320 --> 00:43:13,890
And by looking at this, the market didn't
prove randomness to me, it proved order.
803
00:43:14,880 --> 00:43:18,120
There's no chaos here is ordering
this, but it looks chaotic.
804
00:43:18,510 --> 00:43:23,010
And when we look at price through the
lens of retail things, it causes chaos.
805
00:43:23,010 --> 00:43:28,470
Because many times the things that we
learned in retail, it goes opposite, or it
806
00:43:28,470 --> 00:43:30,180
doesn't do anything at all in the market.
807
00:43:30,180 --> 00:43:30,690
Won't move.
808
00:43:30,720 --> 00:43:30,900
It.
809
00:43:30,900 --> 00:43:31,350
Won't bounce.
810
00:43:31,350 --> 00:43:32,850
Bullishly off of a trend line.
811
00:43:32,970 --> 00:43:35,580
Or when it goes below the trend
line, you should be embarrassed,
812
00:43:35,580 --> 00:43:36,180
but it doesn't do that.
813
00:43:36,180 --> 00:43:36,420
Either.
814
00:43:36,420 --> 00:43:39,270
It stay sideways, those sort
of struggling points I had.
815
00:43:39,810 --> 00:43:43,150
But when I started looking at
these ideas with a 20, 40, and 60
816
00:43:43,650 --> 00:43:48,270
range, it keeps me focused on what
is the price telling me right now?
817
00:43:48,540 --> 00:43:50,370
I'm not worried about six months from now.
818
00:43:50,730 --> 00:43:52,200
I'm not worried about
five months from now.
819
00:43:52,230 --> 00:43:55,950
I'm only looking at what's happened
in the last 60 trading days because
820
00:43:55,950 --> 00:43:57,690
that's where the money is right now.
821
00:43:57,870 --> 00:44:01,320
60 trading days, somebody with bigger,
bigger pockets and more money than
822
00:44:01,320 --> 00:44:03,690
me has put real trades in the market.
823
00:44:05,060 --> 00:44:08,420
By knowing that we can see the
market has in fact moved higher.
824
00:44:09,650 --> 00:44:12,860
All we have to do is know where
those loads are and they're
825
00:44:12,860 --> 00:44:13,730
going to make a move on that.
826
00:44:13,760 --> 00:44:16,760
The algorithm can't jump, unless
you've taken a deep pegging
827
00:44:16,760 --> 00:44:20,270
from the Swiss and the Euro into
account, or you're doing a Brexit.
828
00:44:20,900 --> 00:44:24,980
Um, they don't do these
dramatic thousand point shifts.
829
00:44:25,190 --> 00:44:25,640
Okay.
830
00:44:25,850 --> 00:44:26,960
You, they don't do that.
831
00:44:27,530 --> 00:44:31,100
The market will logically
move to predetermined level.
832
00:44:31,110 --> 00:44:33,860
See, now think about it in
the beginning of January.
833
00:44:34,220 --> 00:44:34,610
Okay.
834
00:44:34,970 --> 00:44:38,010
If there is a computer program,
if there is an algorithm I'm
835
00:44:38,010 --> 00:44:40,460
going to just, I'm going to just,
just suspend the idea from it.
836
00:44:40,460 --> 00:44:41,330
I'm convinced of it.
837
00:44:41,540 --> 00:44:43,670
And you're never going to
tell me that it's not, but
838
00:44:44,780 --> 00:44:46,790
let's assume there isn't one.
839
00:44:47,180 --> 00:44:47,600
Okay.
840
00:44:48,350 --> 00:44:53,600
How would we go into the
marketplace and justify that even
841
00:44:54,350 --> 00:44:55,730
to even consider the idea of it?
842
00:44:56,180 --> 00:44:56,480
Okay.
843
00:44:56,510 --> 00:44:59,060
We're a skeptic we're
we're agnostic about it.
844
00:44:59,420 --> 00:44:59,600
Okay.
845
00:44:59,600 --> 00:45:00,950
We don't know if there is an algorithm.
846
00:45:01,490 --> 00:45:01,790
Okay.
847
00:45:01,790 --> 00:45:03,170
Well, logic.
848
00:45:03,930 --> 00:45:08,310
If there is a computer program, how pin
it know where everybody's orders is.
849
00:45:08,310 --> 00:45:11,730
If there's no centralized
broker or there's no central,
850
00:45:11,760 --> 00:45:14,730
uh, uh, clearing house for it.
851
00:45:14,940 --> 00:45:15,210
Okay.
852
00:45:15,210 --> 00:45:17,610
Not every one of our orders
are going into one location.
853
00:45:18,390 --> 00:45:22,590
How can an algorithm find
everyone's supposed to stop?
854
00:45:23,640 --> 00:45:29,340
Well, it has to go back in a predefined
range in a way an algorithm or program
855
00:45:29,340 --> 00:45:30,630
is written in computer language.
856
00:45:30,900 --> 00:45:36,690
You have to define a source of data and
because data in certain, in the sense of
857
00:45:36,690 --> 00:45:44,910
price, it's date and timestamp, and it's a
value, it's a high and a low, and there's
858
00:45:44,910 --> 00:45:46,770
data points like the open and the close.
859
00:45:47,190 --> 00:45:48,360
So all it needs to do.
860
00:45:48,360 --> 00:45:48,990
Is that okay?
861
00:45:49,740 --> 00:45:51,600
I got to go back 60 days ago.
862
00:45:52,200 --> 00:45:53,430
60 days ago is here.
863
00:45:54,300 --> 00:45:56,250
What's the highest value
in the last 60 days?
864
00:45:56,400 --> 00:45:57,060
Well, that's easy.
865
00:45:57,060 --> 00:45:57,300
It's down.
866
00:45:58,260 --> 00:46:00,870
And what's the high what's,
I'm sorry, this is the lowest
867
00:46:00,870 --> 00:46:01,920
low in the last 60 days.
868
00:46:01,920 --> 00:46:03,900
And what's the highest high
in the last 60 trading days.
869
00:46:04,320 --> 00:46:04,890
That's up here.
870
00:46:05,640 --> 00:46:05,850
Okay.
871
00:46:05,850 --> 00:46:06,990
So there's your defined range.
872
00:46:07,380 --> 00:46:09,420
Now go back 40 days.
873
00:46:09,750 --> 00:46:11,340
What's that going to do for the algorithm?
874
00:46:11,640 --> 00:46:16,470
It's going to find all of the
shorter term highs and lows.
875
00:46:17,250 --> 00:46:21,390
Now, if this high is defined in the last
40 trading days, would the algorithm
876
00:46:21,400 --> 00:46:24,330
see this as a high of importance?
877
00:46:24,600 --> 00:46:27,630
No, because it knows by looking
back in the last 40 days,
878
00:46:27,960 --> 00:46:29,280
it's gone higher than that.
879
00:46:29,430 --> 00:46:33,120
So there wouldn't be any Bystolic
resting above that, but this
880
00:46:33,120 --> 00:46:37,230
low here hasn't been violated in
the last 40 or 20 trading days.
881
00:46:37,410 --> 00:46:42,180
So therefore there will be liquidity
resting below that, looking back, 20
882
00:46:42,180 --> 00:46:45,630
trading days, the algorithms going to say,
okay, what's the highest high that's here.
883
00:46:45,630 --> 00:46:47,280
And what's the lowest low that's here.
884
00:46:47,880 --> 00:46:48,600
What is it done?
885
00:46:49,110 --> 00:46:52,380
It's overlapped two
time periods, 20 and 40.
886
00:46:52,680 --> 00:46:54,480
There's going to be a large
liquidity pool resting.
887
00:46:56,260 --> 00:47:00,340
Light bulb moment thinking ding, ding,
this is your note taking section.
888
00:47:00,370 --> 00:47:00,790
Okay.
889
00:47:01,120 --> 00:47:05,830
When you have a period at which we're
20 and 40 and 60 show an obvious
890
00:47:05,830 --> 00:47:09,700
higher, low that's where the market's
going, it's going to go there.
891
00:47:10,180 --> 00:47:12,340
It's almost a guarantee, a surety.
892
00:47:12,340 --> 00:47:13,240
That's going to go there.
893
00:47:14,320 --> 00:47:19,180
So if you have this idea and I showed it
to you this entire month of September, I'm
894
00:47:19,180 --> 00:47:20,410
sorry from again, September good grief.
895
00:47:20,410 --> 00:47:21,610
I'm way off of my time.
896
00:47:22,240 --> 00:47:26,740
I'm looking at these old months down
here, the whole entire month of January.
897
00:47:27,070 --> 00:47:27,340
Okay.
898
00:47:27,340 --> 00:47:28,840
We're in 2017, Michael, get with it.
899
00:47:29,620 --> 00:47:33,220
The low that we've identified for
Southside liquidity is always in Maine.
900
00:47:33,310 --> 00:47:34,840
It's been maintained at this level here.
901
00:47:35,050 --> 00:47:38,890
We haven't changed our opinion about
where the sell side stops are, where
902
00:47:38,890 --> 00:47:39,990
the market's going to draw for the low.
903
00:47:40,000 --> 00:47:41,080
And it's down here.
904
00:47:41,800 --> 00:47:44,860
The reason why I picked that is
what I just explained to you here.
905
00:47:45,340 --> 00:47:45,610
Now.
906
00:47:46,060 --> 00:47:46,990
That's wonderful, Michael.
907
00:47:47,920 --> 00:47:48,880
I get that.
908
00:47:48,880 --> 00:47:51,160
I can see it in this chart
and it makes perfect sense to
909
00:47:51,160 --> 00:47:53,620
me, but how do I use it going.
910
00:47:54,509 --> 00:47:58,259
Well, once you have the range defined
and say, you create a new hire high
911
00:47:58,259 --> 00:48:02,009
or Nelly, uh, we've taken out these
bodies, um, on these candles here,
912
00:48:02,400 --> 00:48:03,630
but we didn't take out the low yet.
913
00:48:04,350 --> 00:48:06,509
So this low still is the
one that'll be watching.
914
00:48:06,750 --> 00:48:06,960
Okay.
915
00:48:06,960 --> 00:48:08,460
So 99, 46.
916
00:48:09,180 --> 00:48:15,660
So we're looking for 99, 45 to 99, 44,
the south side liquidity and ultimately
917
00:48:16,290 --> 00:48:19,529
price may come back down to this
old high back here, forces support.
918
00:48:21,089 --> 00:48:23,430
Now what the algorithm will do.
919
00:48:24,270 --> 00:48:24,630
Okay.
920
00:48:24,660 --> 00:48:27,660
What the algorithm will do going forward.
921
00:48:28,410 --> 00:48:30,839
It will always look back.
922
00:48:30,990 --> 00:48:31,259
Okay.
923
00:48:31,259 --> 00:48:36,270
So when you cast forward 20 trading
days today, if I asked you today's
924
00:48:36,270 --> 00:48:40,200
date, obviously everyone should
be saying it's January 24th, 2017.
925
00:48:41,069 --> 00:48:45,480
So if we were to add 20 trading days or 20
days to that date, we could all logically
926
00:48:45,480 --> 00:48:50,640
go to our smartphones probably and full up
with 20 days away from today's date would
927
00:48:50,640 --> 00:48:52,650
be, well, the algorithm could do the same.
928
00:48:53,685 --> 00:48:56,895
So, what it's doing is it's going
it's casting forward 20 days.
929
00:48:57,165 --> 00:48:57,585
Okay.
930
00:48:57,765 --> 00:49:02,205
And it creates an artificial look back
period, from that time right there.
931
00:49:02,715 --> 00:49:06,225
And it'll look back through that
time and said, okay, where's the high
932
00:49:06,585 --> 00:49:09,705
and the low, that's this high here.
933
00:49:09,765 --> 00:49:13,035
And now it's this low here
from this moment here.
934
00:49:13,095 --> 00:49:14,745
This is the part that's
going to confuse you.
935
00:49:15,225 --> 00:49:18,435
But when you start doing this
on your own and doing it,
936
00:49:18,525 --> 00:49:20,025
you'll see exactly what I mean.
937
00:49:20,745 --> 00:49:25,605
I can't, I can't do it except for
do it every single trading day.
938
00:49:25,685 --> 00:49:28,695
When we get through the January
content, every single trading day,
939
00:49:28,835 --> 00:49:30,075
we sit down and we do analysis.
940
00:49:30,105 --> 00:49:35,055
I will give you every, if the data range
for the 20 to 40 and 60, and why I say
941
00:49:35,265 --> 00:49:37,215
this, level's going to be a stop run.
942
00:49:37,455 --> 00:49:40,425
This level is going to be the order
block it's going to trade into.
943
00:49:40,785 --> 00:49:42,555
See, these are the things
I just don't talk about.
944
00:49:42,555 --> 00:49:47,745
I just do it in my analysis, but I don't
literally draw these boxes anymore because
945
00:49:47,745 --> 00:49:51,405
I just know where it should be drawn
from by quickly looking at their chart.
946
00:49:51,705 --> 00:49:52,545
And then where am I going?
947
00:49:53,460 --> 00:49:53,850
Okay.
948
00:49:53,910 --> 00:49:55,620
And you'll see what I mean.
949
00:49:55,620 --> 00:49:59,250
When we start doing, uh, February
analysis on a daily, we'll be
950
00:49:59,250 --> 00:50:02,790
going in here and every day we'll
be back into a daily session.
951
00:50:02,800 --> 00:50:06,660
So that way you advise that have gone
through withdrawal and you can only
952
00:50:07,140 --> 00:50:10,920
take so much of this Tuesday, Thursday,
live stuff you want to know on a Monday
953
00:50:10,920 --> 00:50:13,680
through Friday, again, that's what
we'd start doing again in February.
954
00:50:13,680 --> 00:50:16,800
So we you'll see that if the data
range is being applied to every
955
00:50:16,800 --> 00:50:18,930
single trading day, you'll know
what I'm doing, why I'm doing it.
956
00:50:18,960 --> 00:50:22,350
They don't make a lot more sense
to you, but the cast forward, uh,
957
00:50:22,380 --> 00:50:26,460
the benefit to that is number one,
you have a predetermined where the
958
00:50:26,460 --> 00:50:29,820
20 day is and you look back, okay.
959
00:50:29,880 --> 00:50:33,480
And as you, as you would look
back, you're going to see that
960
00:50:33,480 --> 00:50:34,980
this high is where the stops are.
961
00:50:35,910 --> 00:50:38,250
This stuff, this high
here's, where the stops are.
962
00:50:38,610 --> 00:50:42,660
And then you have the little low
here to low here and the low here.
963
00:50:43,050 --> 00:50:44,310
Now this is going to be dynamic.
964
00:50:45,090 --> 00:50:46,920
It doesn't stay static on your chart.
965
00:50:47,430 --> 00:50:50,610
So every time you have a new hire
high or a lower low inside of the
966
00:50:50,610 --> 00:50:54,300
last 60 trading days, or the last
40 trading days, or the last 20
967
00:50:54,300 --> 00:50:57,450
trading days, the data range changes.
968
00:50:57,450 --> 00:50:58,620
It shifts just a little bit.
969
00:50:59,400 --> 00:51:01,590
That part is the confusion part.
970
00:51:01,860 --> 00:51:06,120
And when I looked at the, um, the
delivery of that, uh, teaching, that's
971
00:51:06,120 --> 00:51:08,850
the part that is missing that even
when I watched, I said, well, that
972
00:51:08,850 --> 00:51:10,500
doesn't, it doesn't answer it for me.
973
00:51:10,590 --> 00:51:12,120
Cause I was watching
this for the first time.
974
00:51:12,480 --> 00:51:13,470
It wouldn't make sense to me either.
975
00:51:13,470 --> 00:51:15,660
So I understand why
the confusion is there.
976
00:51:16,740 --> 00:51:18,330
So you're not mad.
977
00:51:18,510 --> 00:51:18,960
Okay.
978
00:51:19,440 --> 00:51:21,720
You're probably mad cause you didn't
get it, but you're not insane.
979
00:51:21,750 --> 00:51:22,050
Okay.
980
00:51:22,050 --> 00:51:27,120
It's because I didn't, I didn't do it
an adequate job of describing it, but
981
00:51:27,120 --> 00:51:28,530
basically all you're doing is you're.
982
00:51:28,830 --> 00:51:34,350
Um, in the old days when we didn't
have computer programs and charting
983
00:51:34,350 --> 00:51:37,920
software, like we have here, we
literally used to have to circle
984
00:51:37,920 --> 00:51:38,940
showing highs and swing lows.
985
00:51:38,940 --> 00:51:39,810
We call them ring highs and right.
986
00:51:40,740 --> 00:51:44,940
When this was done, you would know where
the, uh, the market structure would be.
987
00:51:45,000 --> 00:51:46,440
And you would also see
where the stops are.
988
00:51:47,040 --> 00:51:54,780
Um, this is like a, uh, a version of
that just with, on steroids, because
989
00:51:54,780 --> 00:51:58,350
it's building logic behind the fact
that the market's going to draw to these
990
00:51:58,350 --> 00:52:00,660
levels to, uh, to facilitate trade.
991
00:52:01,290 --> 00:52:01,920
Now, think about it.
992
00:52:02,100 --> 00:52:05,340
If the market is controlled by
the central bank there, they're
993
00:52:05,370 --> 00:52:06,960
setting the price every single day.
994
00:52:07,470 --> 00:52:08,460
Uh, they're moving price up.
995
00:52:08,490 --> 00:52:11,370
They're moving price down and
long-term interest rates are
996
00:52:11,370 --> 00:52:14,310
drawing price to a specific level.
997
00:52:14,310 --> 00:52:17,490
Value-wise fundamentally, but
who's in control of the interest
998
00:52:17,490 --> 00:52:22,230
rates, essential banks, so that
everything is controlled by them.
999
00:52:22,500 --> 00:52:22,860
Okay.
1000
00:52:22,980 --> 00:52:26,820
The data in and the output it's
controlled by the central bank.
1001
00:52:27,480 --> 00:52:31,440
So if they are in control of every
facet of the information that we use to
1002
00:52:31,440 --> 00:52:36,690
make decisions, to trade with, remove
all the other stuff and just focus on.
1003
00:52:37,755 --> 00:52:41,835
Where would it make sense
for them to go with price?
1004
00:52:42,225 --> 00:52:47,055
Where's the majority of the interest
that right now it's below this low,
1005
00:52:49,565 --> 00:52:51,725
nothing of interest only upside up here.
1006
00:52:52,655 --> 00:52:55,175
They've already priced in
a rejection on this high.
1007
00:52:55,565 --> 00:52:57,065
They've already went above this high here.
1008
00:52:57,635 --> 00:53:01,535
Every swing low has been violated, and
there's nothing down here for support.
1009
00:53:02,285 --> 00:53:07,535
There's no support down here, but
there are orders below that low
1010
00:53:07,535 --> 00:53:08,945
because they see that as a cell.
1011
00:53:09,035 --> 00:53:13,145
Uh, it's a self fulfilling prophecy
that this is a, a doji of some kind.
1012
00:53:13,445 --> 00:53:13,835
Okay.
1013
00:53:14,345 --> 00:53:16,235
Um, and therefore it's was rejection.
1014
00:53:16,235 --> 00:53:20,135
So therefore this shouldn't be traded
again, but that's where all of the
1015
00:53:20,135 --> 00:53:21,935
Southside liquidity is below this low.
1016
00:53:22,745 --> 00:53:27,005
And then we have all this movement down
here taking us down into too low, these
1017
00:53:27,005 --> 00:53:29,105
candles here, but that's way back.
1018
00:53:29,885 --> 00:53:33,875
This is outside of the, if the data range,
cause we, cause we've shifted forward.
1019
00:53:34,665 --> 00:53:40,455
We're over here to this delineation
for 60 days back is no longer valid.
1020
00:53:41,024 --> 00:53:44,685
It has to be used from
today's date because we've
1021
00:53:44,685 --> 00:53:46,274
made, we made a new low here.
1022
00:53:46,964 --> 00:53:49,185
We've made a new low
inside this 20 day range.
1023
00:53:49,544 --> 00:53:51,404
We keep making lower lows.
1024
00:53:51,674 --> 00:53:52,875
And so we have to keep looking back.
1025
00:53:53,654 --> 00:53:58,245
If you just have a range of 60 days
looking back and determining where the
1026
00:53:58,245 --> 00:54:02,565
highs and the lows are, whether they're
short-term or long-term you'll know where
1027
00:54:02,565 --> 00:54:04,455
the sell stops are and the buy stops are.
1028
00:54:04,515 --> 00:54:08,265
And you'll also your, I will jump
right to where those ranges are for
1029
00:54:08,265 --> 00:54:10,815
the fair value trades for four blocks.
1030
00:54:10,845 --> 00:54:13,904
Like this range here, when it moved
lower, it's going to come right
1031
00:54:13,904 --> 00:54:18,895
back up and close that in price is
going to be efficiently delivered.
1032
00:54:19,404 --> 00:54:23,335
Whether you like it or not,
it's going to happen, whether
1033
00:54:23,395 --> 00:54:24,865
we're prepared for it or not.
1034
00:54:25,345 --> 00:54:29,815
Whether we see it coming or not,
until you start knowing things
1035
00:54:29,815 --> 00:54:31,615
like this, you won't think.
1036
00:54:33,240 --> 00:54:34,110
Like an algorithm.
1037
00:54:34,110 --> 00:54:37,650
You won't think like efficient
market delivery for price.
1038
00:54:37,710 --> 00:54:38,610
You won't think about that.
1039
00:54:38,610 --> 00:54:40,440
You're going to be
thinking about patterns.
1040
00:54:40,470 --> 00:54:44,220
You're gonna be thinking about
signals and entry techniques and
1041
00:54:44,280 --> 00:54:48,150
order blocks for the sake of disorder
blocks up close or down closes.
1042
00:54:48,150 --> 00:54:49,170
And that's not the answer.
1043
00:54:49,500 --> 00:54:53,880
The answer is the scene where they want
to take price because there's going to
1044
00:54:53,880 --> 00:54:57,930
be trades made below that low right now.
1045
00:54:57,960 --> 00:54:59,490
It's just hovering below it.
1046
00:54:59,730 --> 00:55:00,150
Okay.
1047
00:55:00,960 --> 00:55:01,890
There's going to be trades.
1048
00:55:01,890 --> 00:55:05,640
If it gets up to this level here,
their logical areas were resting.
1049
00:55:05,640 --> 00:55:10,940
Pending orders would be right now by
taking price to that level of bear.
1050
00:55:10,940 --> 00:55:12,200
What would it, what would it do?
1051
00:55:13,370 --> 00:55:16,670
It doesn't make any sense to go
from where we're at now to there.
1052
00:55:16,820 --> 00:55:17,660
It doesn't make any sense.
1053
00:55:18,080 --> 00:55:18,710
Can it do it?
1054
00:55:18,740 --> 00:55:22,100
Yes, but it doesn't make
logical sense right now.
1055
00:55:22,250 --> 00:55:25,280
It makes logical sense where to
come down and blow out this low.
1056
00:55:26,930 --> 00:55:31,910
It does make sense to do that because it's
already shown an unwillingness to go home.
1057
00:55:32,790 --> 00:55:35,790
We went below the bodies of these
candles, but it's left this WIC now,
1058
00:55:35,819 --> 00:55:41,250
everyone in, uh, in the room just for
only make sure you guys are awake.
1059
00:55:41,700 --> 00:55:49,680
What is your low, what is your
low on, uh, December 8th, 2016.
1060
00:55:49,680 --> 00:55:50,310
What's your quote?
1061
00:55:50,310 --> 00:55:52,440
Low for the dollar index?
1062
00:56:13,900 --> 00:56:15,160
I didn't think about this before I asked.
1063
00:56:16,520 --> 00:56:17,380
I tell everybody use.
1064
00:56:18,330 --> 00:56:21,120
Before actually LTD platform because
of the dollar index, you're all
1065
00:56:21,120 --> 00:56:24,810
giving me the same quote, low on got,
um, I, this would've been a Euro.
1066
00:56:25,860 --> 00:56:26,910
It would have been something different.
1067
00:56:28,650 --> 00:56:33,660
Nonetheless, the point is, is you'll see
that the low, if we looked at the high on
1068
00:56:33,660 --> 00:56:35,340
Euro, it'll probably be much different.
1069
00:56:35,910 --> 00:56:41,310
But when we look at the range is like
this, all you're really doing is looking
1070
00:56:41,310 --> 00:56:46,140
for Ohio's and all those old areas of
where the ranges have been created.
1071
00:56:46,170 --> 00:56:51,000
Like this run up in price here that
created a little bit of a liquidity
1072
00:56:51,000 --> 00:56:54,510
void price comes back, draws back down
into it, rallies again, it creates a,
1073
00:56:54,690 --> 00:56:58,080
uh, liquidity void here runs up prices
only to be delivered on the upside.
1074
00:56:58,680 --> 00:57:00,000
This or becomes valid.
1075
00:57:00,600 --> 00:57:03,720
See a lot of folks get they, they
don't know what order blocks.
1076
00:57:05,024 --> 00:57:07,544
They don't know how to map
out and define in order block.
1077
00:57:07,845 --> 00:57:09,404
They don't know what a fair value gap is.
1078
00:57:09,825 --> 00:57:13,035
They don't know what, uh, what
old, lower, old high, the stops
1079
00:57:13,035 --> 00:57:16,395
are gonna be, uh, placed above or
below and what they would be rating.
1080
00:57:16,845 --> 00:57:22,455
And when you think like, like we're
defining here, it helps provide
1081
00:57:22,455 --> 00:57:24,645
the framework for you to get it.
1082
00:57:26,355 --> 00:57:30,254
And it's only by you looking at it
and seeing it and making notations.
1083
00:57:30,435 --> 00:57:34,115
And yes, that means sometimes your
expectation is going to be opposite of
1084
00:57:34,115 --> 00:57:37,515
what you see happening in price, but
it will give you immediate feedback.
1085
00:57:38,205 --> 00:57:41,995
That's the point of this whole lesson
in, in January seeing it happening.
1086
00:57:41,995 --> 00:57:46,035
And as we do it live going forward every
single trading day in every single month
1087
00:57:46,044 --> 00:57:49,694
remaining in the mentorship, you'll
know why I'm logically saying that this
1088
00:57:49,694 --> 00:57:50,774
is where the sell side liquidity is.
1089
00:57:50,774 --> 00:57:52,365
And that's why I think
it's going to go here.
1090
00:57:53,745 --> 00:57:54,585
It won't make sense.
1091
00:57:54,585 --> 00:57:57,225
Sometimes when I'm talking about
it, you'll have all these ideas
1092
00:57:57,225 --> 00:57:59,595
that the trend lines are this, or
the moving average is just showing
1093
00:57:59,595 --> 00:58:01,234
you this or Elliot way to say.
1094
00:58:02,460 --> 00:58:06,600
Th the Z wave of, you know, whatever,
whatever you want to attribute to it.
1095
00:58:06,870 --> 00:58:07,290
Okay.
1096
00:58:07,500 --> 00:58:09,930
The byline is, is it's based on the money.
1097
00:58:10,950 --> 00:58:11,250
Okay.
1098
00:58:11,520 --> 00:58:17,339
It's based on the money and by you having
this exposure, every single trading day
1099
00:58:17,879 --> 00:58:22,770
in the form of me telling you where the
liquidity is, and you making a dations
1100
00:58:22,770 --> 00:58:27,299
on your own chart, referring to it every
single day, you are teaching yourself
1101
00:58:27,330 --> 00:58:29,790
to trust what you're seeing in price.
1102
00:58:30,149 --> 00:58:32,790
And it will repeat itself
over and over and over again.
1103
00:58:33,120 --> 00:58:35,819
You'll know where liquidity
pools resting above and below the
1104
00:58:35,819 --> 00:58:37,680
marketplace define the current range.
1105
00:58:38,520 --> 00:58:38,910
Okay?
1106
00:58:39,270 --> 00:58:44,609
And by looking at the characteristics
that each trading day, what it's doing,
1107
00:58:44,759 --> 00:58:46,620
it's telling you what it's going to do.
1108
00:58:46,680 --> 00:58:49,620
It's going where it's most
likely to being drawn.
1109
00:58:49,919 --> 00:58:53,879
There's more money below this low
than there is above this high.
1110
00:58:55,730 --> 00:58:56,210
Think about it.
1111
00:58:56,600 --> 00:58:57,560
What's going on since.
1112
00:58:58,875 --> 00:59:01,215
Nah, I get to talk about the
month I was talking earlier,
1113
00:59:01,215 --> 00:59:02,775
if by mistake, what happened?
1114
00:59:02,865 --> 00:59:06,015
What has happened in the
dollar since September, 2016?
1115
00:59:07,365 --> 00:59:08,145
I mean, it's pretty obvious.
1116
00:59:08,145 --> 00:59:09,255
I mean, the market's gone, what?
1117
00:59:09,525 --> 00:59:10,155
It's gone higher.
1118
00:59:11,715 --> 00:59:18,825
There's so much money in the dollar being
long right now, versus how many people are
1119
00:59:18,825 --> 00:59:20,535
trying to be short dollar now drain it.
1120
00:59:20,535 --> 00:59:23,445
There's somebody that's sold
highs in a dollar period.
1121
00:59:23,475 --> 00:59:27,825
Somebody short, clearly the market's
been repriced, lower someone up here
1122
00:59:27,825 --> 00:59:35,685
short, but what ratio do you believe
has the majority of existing orders?
1123
00:59:35,985 --> 00:59:40,845
Would it be those long holders
since September, or would
1124
00:59:40,845 --> 00:59:41,775
it be the short holders?
1125
00:59:41,775 --> 00:59:46,065
Just from the beginning of January, how
much money is in the market right now?
1126
00:59:46,155 --> 00:59:46,875
On what side?
1127
00:59:49,935 --> 00:59:53,865
The long holders have, clearly
there's much more money, actual
1128
00:59:53,865 --> 00:59:56,895
money, real trades in the
marketplace on the long side of the.
1129
00:59:58,825 --> 01:00:02,455
So if the algorithm is going to be
seeking liquidity and it's already
1130
01:00:02,455 --> 01:00:03,655
shown a willingness to go lower.
1131
01:00:03,655 --> 01:00:04,645
So that means who's low.
1132
01:00:04,675 --> 01:00:05,545
Who's short right now,
1133
01:00:16,405 --> 01:00:20,485
the banks, the banks have a net short
book right now they're making money.
1134
01:00:20,485 --> 01:00:23,215
Otherwise they wouldn't,
they wouldn't reprice lower.
1135
01:00:23,875 --> 01:00:27,295
So if they're allowing price to go
lower, are they just going to take off
1136
01:00:27,295 --> 01:00:31,855
their profits in any oldest, you know,
willingly low or any specific level,
1137
01:00:31,885 --> 01:00:34,855
they're going to take it where there's
going to be a large pool of buyers.
1138
01:00:36,775 --> 01:00:39,055
Where is those buyers going to occur?
1139
01:00:40,795 --> 01:00:41,155
I'm sorry.
1140
01:00:41,305 --> 01:00:41,785
I'm not saying
1141
01:00:46,835 --> 01:00:48,755
they have to cover their position.
1142
01:00:49,895 --> 01:00:52,295
They have to cover their shorts
rather, and they have to do it
1143
01:00:52,295 --> 01:00:54,275
from a large pool of sellers.
1144
01:00:54,665 --> 01:00:55,025
Okay.
1145
01:00:55,055 --> 01:00:56,705
And that's going to come in
the form of these cell stops.
1146
01:00:59,799 --> 01:01:03,700
So if we know that the market's been
trading higher, clearly it's obvious.
1147
01:01:04,029 --> 01:01:04,450
Okay.
1148
01:01:05,169 --> 01:01:07,029
And that's why it's important
to work on these hard timeframes
1149
01:01:07,029 --> 01:01:10,480
because these long-term moves
and he's large liquidity pools.
1150
01:01:11,680 --> 01:01:13,089
They move price around.
1151
01:01:13,089 --> 01:01:15,520
They're not real close, like a 15
minute chart where you can move.
1152
01:01:15,580 --> 01:01:18,069
You can jump around 20 pips,
you know, multiple times in the
1153
01:01:18,069 --> 01:01:19,899
same day and still go nowhere.
1154
01:01:20,890 --> 01:01:22,629
That generally doesn't
happen on a daily chart.
1155
01:01:23,230 --> 01:01:27,100
It's usually, it's usually moving to
some significant price level and usually
1156
01:01:27,399 --> 01:01:28,930
it's several hundred pips or more.
1157
01:01:30,879 --> 01:01:36,490
So if the buys and here are the
longs are long, they're gonna protect
1158
01:01:36,490 --> 01:01:37,899
their lung position with cell stops.
1159
01:01:38,500 --> 01:01:41,710
So if this pool of liquidity down
here in the form of cell stops,
1160
01:01:42,220 --> 01:01:46,060
if we can take price down to that
level, the market orders, I'm sorry.
1161
01:01:46,060 --> 01:01:51,160
The sell orders become market was just
south of market, which is exactly why and
1162
01:01:51,160 --> 01:01:53,069
where the smart money shorts will look.
1163
01:01:55,295 --> 01:01:58,805
So the sell orders become orders to
sell to market, to the willing buyers
1164
01:01:59,045 --> 01:02:00,395
that have sold from these highs.
1165
01:02:01,505 --> 01:02:05,285
All we are dealing, regardless of
what timeframe we're looking at, we're
1166
01:02:05,285 --> 01:02:11,645
looking at the exchange between one
liquidity pool to the next one order
1167
01:02:11,645 --> 01:02:17,225
block to the next one breaker to the
next one, old high to the next old low
1168
01:02:18,575 --> 01:02:21,545
it's a transfer of money exchanging.
1169
01:02:21,605 --> 01:02:21,965
Okay.
1170
01:02:21,965 --> 01:02:26,165
And they're just like bus stops, you
know, where, uh, I, I've never, I've
1171
01:02:26,165 --> 01:02:31,355
only rode on a bus one time, but,
uh, it, I understand the concept
1172
01:02:31,355 --> 01:02:33,215
that these things have set time.
1173
01:02:33,245 --> 01:02:37,325
They gotta be a specific bus stop
location within a 10 to 15 minute time
1174
01:02:37,325 --> 01:02:40,475
window, I think is, I think is what
they do, but they have a logical route
1175
01:02:40,475 --> 01:02:44,825
that they go, okay, well, when you look
at the long long-term chart like this,
1176
01:02:45,215 --> 01:02:47,435
you can see where these stops are.
1177
01:02:48,305 --> 01:02:48,995
You can see it.
1178
01:02:50,015 --> 01:02:51,785
So if you know that there's a logical.
1179
01:02:52,800 --> 01:02:56,460
Okay, then that's where
the price is going to go.
1180
01:02:56,910 --> 01:03:00,240
There's going to be passengers
in here, and there's only
1181
01:03:00,240 --> 01:03:01,380
passengers above these highs.
1182
01:03:01,380 --> 01:03:04,770
And here in this high, in here,
they picked up more to go short.
1183
01:03:05,250 --> 01:03:08,160
They picked up more to go short and
ultimately taking it down to an area
1184
01:03:08,160 --> 01:03:12,840
where there's a big pool of, or a crowd
of interest to get on the bus here.
1185
01:03:13,500 --> 01:03:14,520
And that's what the price has done.
1186
01:03:14,760 --> 01:03:15,720
It's moved to that level.
1187
01:03:15,990 --> 01:03:21,540
So the banks can make a book, both
net long, and that short at the
1188
01:03:21,540 --> 01:03:23,550
same time they can hedge in the us.
1189
01:03:23,550 --> 01:03:24,210
We can't do that.
1190
01:03:24,210 --> 01:03:25,890
They've taken away our ability to do that.
1191
01:03:26,370 --> 01:03:30,000
A lot of people got really wealthy doing
that because you can do, you can, once
1192
01:03:30,000 --> 01:03:34,710
you understand you just simple market
structure, once you understand that
1193
01:03:34,710 --> 01:03:37,980
you can make all kinds of money and
almost next to that, never have a loss
1194
01:03:38,520 --> 01:03:40,050
because you're hedging all the time.
1195
01:03:41,190 --> 01:03:44,520
And they'd removed that from the
U S and now it's first in, first
1196
01:03:44,520 --> 01:03:46,340
out and you, you, you got to know.
1197
01:03:54,200 --> 01:03:56,960
Um, some of you guys are good
with empty four indicators.
1198
01:03:56,960 --> 01:03:58,339
You can actually create an indicator.
1199
01:03:58,339 --> 01:03:59,540
That'll do this for you.
1200
01:03:59,990 --> 01:04:03,910
Um, I just don't know how, I don't know
how to program in empty for, and there
1201
01:04:04,160 --> 01:04:05,450
I've never taken an interest in doing it.
1202
01:04:05,870 --> 01:04:08,540
Um, I only use Mt for, to teach through.
1203
01:04:09,109 --> 01:04:13,370
I don't, you know, I don't use
this as my go-to platform, but
1204
01:04:13,370 --> 01:04:15,799
as a teaching medium, I do.
1205
01:04:17,060 --> 01:04:19,339
But if I was actually trading
through empty four, I would
1206
01:04:19,370 --> 01:04:21,770
obviously be interested in
learning empty for programming.
1207
01:04:21,770 --> 01:04:26,660
And I would make all kinds of, you know,
uh, crutches for me to do things like
1208
01:04:26,660 --> 01:04:29,839
this, but it's not necessary because
once you have the range, you know,
1209
01:04:29,870 --> 01:04:33,290
once you have a range of 20 every new
trading day, if it creates a lower,
1210
01:04:33,290 --> 01:04:35,750
lower, higher high, you just go over
like that, you keep adjusting it.
1211
01:04:36,290 --> 01:04:39,259
You have one chart on your platform
that you would just keep it.
1212
01:04:40,155 --> 01:04:40,485
Okay.
1213
01:04:40,485 --> 01:04:43,385
And that would be the same thing
with your, with your 60 day 48, 29.
1214
01:04:43,545 --> 01:04:44,085
Look back.
1215
01:04:44,595 --> 01:04:48,345
All you're doing is you're encompassing
the last 60 trading days to find out
1216
01:04:48,345 --> 01:04:53,715
where that liquidity pools are and those
liquidity pools and those order blocks
1217
01:04:53,715 --> 01:04:56,865
and those ranges and there's gaps that
would exist in the elastic trading dates.
1218
01:04:57,165 --> 01:05:01,425
They are going to be traded to again,
in the next 20, 40 or 60 trading days.
1219
01:05:02,505 --> 01:05:07,845
They're going to, so by having their
them outlined in advance, okay.
1220
01:05:08,085 --> 01:05:10,935
You'll know where the market
will logically go to next.
1221
01:05:10,935 --> 01:05:12,015
It's not ambiguous.
1222
01:05:12,015 --> 01:05:13,455
It's not guesswork.
1223
01:05:13,485 --> 01:05:13,725
It's.
1224
01:05:13,905 --> 01:05:18,105
I mean, how many times have you seen
these things unfold since September?
1225
01:05:18,375 --> 01:05:21,705
Everything that we've outlined per
not predominantly on the higher
1226
01:05:21,705 --> 01:05:23,235
timeframes they've come to fruition.
1227
01:05:23,865 --> 01:05:26,535
There's only that thing that maybe
two or three times where it didn't pan
1228
01:05:26,535 --> 01:05:29,265
out, but the hit rates on believable.
1229
01:05:29,445 --> 01:05:32,895
And that's what you need to appreciate
as a trader, because it gives
1230
01:05:32,895 --> 01:05:35,355
you that foresight to know that.
1231
01:05:36,780 --> 01:05:37,320
Ambiguous.
1232
01:05:37,320 --> 01:05:39,060
It's not randomness.
1233
01:05:39,090 --> 01:05:40,980
It's 100% logical.
1234
01:05:41,070 --> 01:05:43,980
It makes perfect sense, but
it takes time to get to those.
1235
01:05:44,250 --> 01:05:47,010
You got to get to that point at which
you trust it, and then you can see it.
1236
01:05:49,920 --> 01:05:50,620
So,
1237
01:05:55,470 --> 01:05:59,040
um, the question is, is how,
how, how do you use the look
1238
01:05:59,040 --> 01:06:00,600
forward 40 and 60 periods?
1239
01:06:00,600 --> 01:06:08,050
If you keep moving your anchor,
it's based on any new range high.
1240
01:06:08,320 --> 01:06:11,140
In other words, if you look back in
the last 60 days, if that higher,
1241
01:06:11,140 --> 01:06:16,810
low is violated, okay, that new,
higher, low adjusts for the 60 day
1242
01:06:16,810 --> 01:06:21,880
look back your today is the day
you're looking at it right now, always
1243
01:06:21,880 --> 01:06:25,450
today, always today, but you have
to have some basis, point to begin.
1244
01:06:25,720 --> 01:06:27,940
You can start with the,
uh, the quarterly shift.
1245
01:06:28,150 --> 01:06:29,770
This is the part that you
determined when you went.
1246
01:06:31,020 --> 01:06:31,800
And where you start from.
1247
01:06:31,800 --> 01:06:33,890
Cause they will all
automatically get you in line.
1248
01:06:33,910 --> 01:06:37,350
Soon as you start doing it within
three days, you'll be in sync with
1249
01:06:37,350 --> 01:06:38,610
what the, whatever the market's doing.
1250
01:06:40,290 --> 01:06:44,310
Regardless if you start 60 days ago, or
if you go back in the last 30 days or
1251
01:06:44,310 --> 01:06:47,520
the last 40 days and find them, uh, the
market structure shift that took place.
1252
01:06:47,850 --> 01:06:50,820
Now what's on the market, made a
clear turn and reversal like we
1253
01:06:50,830 --> 01:06:51,990
seen here in the dollar index.
1254
01:06:52,440 --> 01:06:52,620
Okay.
1255
01:06:52,620 --> 01:06:56,340
We're using January here because we're
in January and the market structure broke
1256
01:06:56,340 --> 01:06:57,540
down and we had a quarterly shift here.
1257
01:06:58,470 --> 01:07:03,780
The market has shown a willingness to
break down and go lower when you do this.
1258
01:07:03,840 --> 01:07:04,200
Okay.
1259
01:07:04,200 --> 01:07:08,160
Say you started in December, you would
automatically end up here you'd you
1260
01:07:08,160 --> 01:07:11,640
would automatically end it at this point
where your higher high is seen here.
1261
01:07:11,670 --> 01:07:14,400
So you defined the range already
with a higher high, and you just
1262
01:07:14,400 --> 01:07:15,690
start going forward from that point.
1263
01:07:16,620 --> 01:07:22,320
Your, your anchor point is always
dynamically moving forward one day and
1264
01:07:22,320 --> 01:07:25,680
you're constantly looking forward and
looking back the same amount of days
1265
01:07:26,130 --> 01:07:27,540
nothing's changing in that regard.
1266
01:07:27,750 --> 01:07:29,700
So that's what I'm saying in a
couple of days, it just simply.
1267
01:07:31,215 --> 01:07:32,415
To where you would be natural looking.
1268
01:07:32,415 --> 01:07:35,145
Anyway, regardless of wherever we
all started, we could literally all
1269
01:07:35,145 --> 01:07:36,885
start on a different calendar day.
1270
01:07:37,515 --> 01:07:40,605
And within three days we would
all arrive at the same levels.
1271
01:07:41,265 --> 01:07:43,875
We all be looking at the same
highs in the same lows, the same
1272
01:07:43,875 --> 01:07:45,675
order blocks, the same ranges.
1273
01:07:45,855 --> 01:07:47,535
It's not going to be
different for any of us.
1274
01:07:47,535 --> 01:07:48,285
It's going to be the same.
1275
01:07:48,645 --> 01:07:52,635
Once you start going forward, the
range has forced you to look at the
1276
01:07:52,635 --> 01:07:56,205
same low, the same high, the same
bullet, shorter block, the same
1277
01:07:56,205 --> 01:07:57,705
bear, shorter block, the same gaps.
1278
01:07:57,915 --> 01:08:01,335
They would all be defined in the
same data ranges within three days.
1279
01:08:09,645 --> 01:08:12,645
Uh, you'll never reach the
move forward periods because
1280
01:08:12,645 --> 01:08:14,805
the start line keeps moving.
1281
01:08:14,805 --> 01:08:16,545
My question is how do you value?
1282
01:08:17,025 --> 01:08:18,765
Well, Sean, that's what I'm
trying to explain to you.
1283
01:08:19,455 --> 01:08:23,505
The range is all you're only looking
forward that day, that number of days
1284
01:08:24,105 --> 01:08:26,055
to anticipate new highs and new lows.
1285
01:08:27,269 --> 01:08:30,390
But when you get 20 days cast
forward, you're going to look from
1286
01:08:30,390 --> 01:08:32,939
that point backwards and see, okay.
1287
01:08:32,939 --> 01:08:36,569
Where would you basically you're
forecasting the same thing you do like
1288
01:08:36,569 --> 01:08:39,779
right now in the beginning of January, we
can look back 60 days and we can see that
1289
01:08:39,779 --> 01:08:45,120
high net low, where the highest high and
lowest low is when we're looking forward.
1290
01:08:45,269 --> 01:08:45,600
Okay.
1291
01:08:45,630 --> 01:08:50,160
We're looking forward to get what 20 days
away from today is delineate that moment.
1292
01:08:50,460 --> 01:08:54,000
And then looking back in time from
that moment, we're imagining we're
1293
01:08:54,000 --> 01:08:59,160
there in time ahead, looking back,
where would the logical low and high B?
1294
01:08:59,729 --> 01:09:00,960
Well, if we'd done that here.
1295
01:09:01,290 --> 01:09:03,960
Okay, well, not here cause I
already moved it away from there.
1296
01:09:04,350 --> 01:09:06,569
This is 20 days at this moment here.
1297
01:09:07,069 --> 01:09:09,540
The very first trading day of January,
this is what you could have done.
1298
01:09:10,689 --> 01:09:13,439
This is what you start doing
every single trading day.
1299
01:09:13,439 --> 01:09:15,300
When you do this, you'll see
exactly what I mean by it.
1300
01:09:15,930 --> 01:09:21,120
Now we have a future level that we haven't
even traded to calendar wise on this.
1301
01:09:22,974 --> 01:09:26,755
From this point on here, we're going
to look at every swing high and every
1302
01:09:26,755 --> 01:09:29,965
swing low in the same manner that
we do when we're looking back here.
1303
01:09:32,115 --> 01:09:36,675
When we do this, we are identifying
where the stocks would be.
1304
01:09:37,125 --> 01:09:40,665
Buy stocks will be above here, sell
stocks would be below here, but
1305
01:09:40,665 --> 01:09:41,955
then we took the lows out here.
1306
01:09:42,075 --> 01:09:43,875
So then cell sites would be resting below.
1307
01:09:43,875 --> 01:09:44,264
Here.
1308
01:09:44,564 --> 01:09:46,934
Then south south would be
resting below here every time
1309
01:09:46,934 --> 01:09:48,135
it keeps making lower lows.
1310
01:09:48,314 --> 01:09:48,764
Okay.
1311
01:09:49,184 --> 01:09:52,304
This point is a forecasted
reference point.
1312
01:09:52,934 --> 01:09:54,405
You aren't there calendar wise.
1313
01:09:55,125 --> 01:09:56,175
We're still not there yet.
1314
01:09:56,625 --> 01:09:59,594
We have a couple of days to get
to this, this day here, but at
1315
01:09:59,594 --> 01:10:01,335
this moment here 20 days forward.
1316
01:10:01,724 --> 01:10:05,415
But that moment we start looking at
every single swing high and swing
1317
01:10:05,415 --> 01:10:08,415
low, because that's exactly when
we get to this calendar day here,
1318
01:10:08,684 --> 01:10:09,855
if there's going to be doing that.
1319
01:10:10,425 --> 01:10:15,945
So while I'm trying to teach you
is you're going to anticipate where
1320
01:10:15,945 --> 01:10:17,655
future stop rates are going up.
1321
01:10:18,855 --> 01:10:20,325
That's the benefit of doing this.
1322
01:10:21,165 --> 01:10:22,335
It's not a trade.
1323
01:10:22,575 --> 01:10:26,445
You're going to trade on a look
back part to teach yourself the
1324
01:10:26,445 --> 01:10:30,825
importance of how the IPTA algorithm
trades and moves price around.
1325
01:10:31,065 --> 01:10:31,934
That's what to look back.
1326
01:10:32,115 --> 01:10:32,715
I'm sorry to look.
1327
01:10:32,804 --> 01:10:36,644
Um, the cast forward portion of it is
that's what you're doing with that.
1328
01:10:36,795 --> 01:10:38,684
It's that you're not trading on this.
1329
01:10:38,865 --> 01:10:43,815
You're learning anticipatory price
skills by this side of it by casting
1330
01:10:43,815 --> 01:10:48,915
for 20 days, 40 days and 60 days in that
moment to here, like 20 days forward
1331
01:10:49,035 --> 01:10:53,054
from the beginning of January, you're
going to look back over that period of
1332
01:10:53,054 --> 01:10:54,705
20 days and you're going to see Shannon.
1333
01:10:54,705 --> 01:10:55,724
She made a swing high.
1334
01:10:56,264 --> 01:10:59,085
The algorithm is going to
see that at this moment here.
1335
01:11:00,045 --> 01:11:04,155
So when we start trading here, the market
is going to want to seek this swing high.
1336
01:11:04,785 --> 01:11:07,934
It's going to want to seek this
swing pie because there's gonna be
1337
01:11:07,934 --> 01:11:09,165
buying stocks resting above that.
1338
01:11:11,215 --> 01:11:11,575
Okay.
1339
01:11:11,905 --> 01:11:15,054
So the cast forward has no benefits.
1340
01:11:16,080 --> 01:11:16,469
Okay.
1341
01:11:16,500 --> 01:11:21,450
Just so in simple terms, the cast four
of 20, 40, and 60 does not give you
1342
01:11:21,450 --> 01:11:23,700
some secret higher, low formed, okay.
1343
01:11:23,700 --> 01:11:24,750
Or an entry technique.
1344
01:11:24,780 --> 01:11:25,889
It's not an entry technique.
1345
01:11:26,459 --> 01:11:32,339
It's to practice anticipating just
like the algorithm would do the highs
1346
01:11:32,339 --> 01:11:36,030
and the lows and the order blocks that
would exist in that 20 day period.
1347
01:11:36,480 --> 01:11:40,230
When we get to this point here,
you'll be able to see how those
1348
01:11:40,230 --> 01:11:45,120
reference points at that time or
later will be used for price action.
1349
01:11:45,809 --> 01:11:48,959
Just like when we look
back here, 60, 40, and 20.
1350
01:11:51,389 --> 01:11:52,200
Does that make sense now?
1351
01:11:52,230 --> 01:11:52,589
Okay.
1352
01:11:52,799 --> 01:11:54,959
Shawn saying, he's got it now I'll
probably come to you about 30.
1353
01:11:54,959 --> 01:11:55,349
More of you
1354
01:12:00,000 --> 01:12:00,599
it'll make up.
1355
01:12:00,599 --> 01:12:00,959
Trust me.
1356
01:12:00,959 --> 01:12:04,139
It'll make a whole lot more sense when you
see me actually doing it every single day,
1357
01:12:04,139 --> 01:12:06,240
just know that the cast forward portion.
1358
01:12:07,110 --> 01:12:09,750
There's a lot of people were actually
sending me emails saying, okay, I
1359
01:12:09,750 --> 01:12:13,349
did this and it gave me the acts act
high, and I'm going to do this, uh,
1360
01:12:13,589 --> 01:12:15,150
next week on the New Zealand dollar.
1361
01:12:15,480 --> 01:12:17,519
And I'm going to nail down
the low or I'm in the alumni.
1362
01:12:17,549 --> 01:12:18,780
And that's not what it's for.
1363
01:12:19,379 --> 01:12:25,230
You're anticipating that the, the
high and the low that forms from
1364
01:12:25,230 --> 01:12:27,960
that point on, you're going to
see how that eventually becomes a
1365
01:12:27,990 --> 01:12:29,400
reference point for the algorithm.
1366
01:12:30,330 --> 01:12:30,629
Okay.
1367
01:12:30,629 --> 01:12:34,440
And it's only the cast forward
is only a form of future study.
1368
01:12:35,099 --> 01:12:35,820
That's all it is.
1369
01:12:36,120 --> 01:12:41,009
It doesn't build any advantage to your
trading whatsoever, but the look back
1370
01:12:41,009 --> 01:12:43,500
period, that is all executable levels.
1371
01:12:43,500 --> 01:12:46,200
That's the stuff that you actually build
your trades and frame your trades on.
1372
01:12:47,960 --> 01:12:52,040
So when you're looking back that 60
days, 40 days and 30 days, all you're
1373
01:12:52,040 --> 01:12:56,480
doing is looking for where the orders
are resting below the market or above the
1374
01:12:56,480 --> 01:12:58,400
marketplace in the form of biceps or self.
1375
01:12:59,535 --> 01:13:02,805
I mean that, that that's, that
should be understood by now.
1376
01:13:02,895 --> 01:13:05,595
Everyone should know that above
an old high there's bias, nothing
1377
01:13:05,615 --> 01:13:06,975
below an old low, their cell stops.
1378
01:13:07,845 --> 01:13:13,815
You're using everything in the past to
frame your future trade, the cast forward
1379
01:13:13,995 --> 01:13:18,555
portion of the, uh, uh, the exercise
and the concept I'm showing you, it's
1380
01:13:18,555 --> 01:13:23,115
for you to anticipate how the market
will attack these highs and these lows.
1381
01:13:23,475 --> 01:13:25,185
Once it gets to this point here.
1382
01:13:26,265 --> 01:13:28,305
And once you see it, a couple of
times, you'll, you'll be like,
1383
01:13:28,325 --> 01:13:29,205
I gotta know what it means now.
1384
01:13:29,445 --> 01:13:32,235
And you'll lose all this excitement
because when I know what you're thinking,
1385
01:13:32,685 --> 01:13:36,975
you're looking at it and attributing
because it's cast forward and future is,
1386
01:13:37,575 --> 01:13:38,775
you know what we're trying to predict.
1387
01:13:38,955 --> 01:13:42,345
So therefore I've given you some
kind of algorithm or alchemy
1388
01:13:43,065 --> 01:13:46,785
that predicts the high and the
low 20, 40, and 60 days on that.
1389
01:13:46,785 --> 01:13:48,875
And if not what this does, it's a skill.
1390
01:13:49,800 --> 01:13:52,470
That's arrived at, by
using this reference point.
1391
01:13:52,470 --> 01:13:56,280
That's all it's doing, but
it is beneficial when we
1392
01:13:56,280 --> 01:13:57,570
use the look back 60 days.
1393
01:13:57,570 --> 01:14:01,110
So we use the range in the last 60
days, the 40 days and 20 days, that
1394
01:14:01,110 --> 01:14:02,790
range is what you're trading inside of.
1395
01:14:02,790 --> 01:14:04,680
Remember that for folks that
have been following me for a
1396
01:14:04,680 --> 01:14:05,730
number of years, do you remember?
1397
01:14:05,730 --> 01:14:07,980
I did a webinar called
trading inside the range.
1398
01:14:12,070 --> 01:14:14,390
You remember it, anybody in
here that was part of that
1399
01:14:18,170 --> 01:14:19,280
inside the range.
1400
01:14:19,550 --> 01:14:20,090
Okay.
1401
01:14:21,080 --> 01:14:26,810
This is the understanding of why that
webinar is so good, but I didn't teach
1402
01:14:27,260 --> 01:14:29,240
anything in terms of the 60, 40, 80, 20.
1403
01:14:29,810 --> 01:14:30,650
I didn't teach anything.
1404
01:14:30,680 --> 01:14:31,490
I just gave you.
1405
01:14:31,790 --> 01:14:35,360
Where's the most recent low when where's
the most recent high, did it trade up?
1406
01:14:35,390 --> 01:14:38,330
Well, that's your range and look, see if
there's anything to buy in that range.
1407
01:14:39,170 --> 01:14:42,710
Or if it's been a down move, wait for the
retrace back up to optimal trade entry,
1408
01:14:42,740 --> 01:14:47,390
and then sell it and then wait for the
trade back down to the low I was on the
1409
01:14:47,390 --> 01:14:48,680
fence about whether I wanted to teach.
1410
01:14:49,830 --> 01:14:54,750
The 60, 40, and 20 in that webinar, I
was, I actually had it in my notes next
1411
01:14:54,750 --> 01:14:56,010
to me, and I wanted to talk about it.
1412
01:14:56,280 --> 01:14:57,240
I said, no, I'm not going to do it.
1413
01:14:58,830 --> 01:14:59,430
I'm glad I didn't.
1414
01:14:59,430 --> 01:15:03,180
But nonetheless, when we're looking
back to look back, that's executable
1415
01:15:03,180 --> 01:15:05,460
levels, that's definitely forecasting.
1416
01:15:05,520 --> 01:15:07,650
That's definitely usable information.
1417
01:15:07,680 --> 01:15:08,940
That's not wasted time.
1418
01:15:09,090 --> 01:15:09,900
That's not fluff.
1419
01:15:09,930 --> 01:15:10,770
It's real things.
1420
01:15:11,370 --> 01:15:14,430
The cast forward just know that
you're doing that as a means of
1421
01:15:14,430 --> 01:15:15,900
studying future price action.
1422
01:15:16,290 --> 01:15:19,530
And like I said, when we start
in February, every single trading
1423
01:15:19,530 --> 01:15:21,990
day, I'm going to actually
applying this information.
1424
01:15:21,990 --> 01:15:24,600
And once you see it within a couple
of days, you'll say, oh, I get it.
1425
01:15:24,600 --> 01:15:26,070
Now it'll make perfect sense to you.
1426
01:15:26,730 --> 01:15:29,460
But for right now, just focus
on the lookback portion of it.
1427
01:15:30,120 --> 01:15:32,670
That's the, that's the,
that's the money making stuff.
1428
01:15:33,240 --> 01:15:35,430
That's the points at which your
trades are going to be framed
1429
01:15:35,430 --> 01:15:37,260
on tax the directional bias.
1430
01:15:37,470 --> 01:15:39,900
That's where everything in
the future is going to go.
1431
01:15:40,260 --> 01:15:43,380
It's going to go based on what you see
in the last 60 trading days, the last
1432
01:15:43,380 --> 01:15:44,910
40 trading days in the last 20 trades.
1433
01:15:46,125 --> 01:15:50,115
The cast forward has nothing to do
with being able to pick anything except
1434
01:15:50,115 --> 01:15:53,895
for anticipating how they're going to
run an old high or run an old well.
1435
01:15:55,365 --> 01:15:55,635
Okay.
1436
01:15:55,635 --> 01:15:57,885
So there you go.
1437
01:15:58,125 --> 01:16:02,505
All right, let's go over to, uh,
so in summary, I'm gonna put this
1438
01:16:02,505 --> 01:16:04,935
little question box over here
so I can get through this video.
1439
01:16:04,995 --> 01:16:06,555
Let me try to finish it up in 10 minutes.
1440
01:16:08,025 --> 01:16:10,755
The we've cleared out the bodies here.
1441
01:16:11,025 --> 01:16:14,385
The next logical area is this
low and here, which would take us
1442
01:16:14,385 --> 01:16:16,005
down probably into this old high.
1443
01:16:16,365 --> 01:16:20,835
So we probably got a little bit more to
go on a dollar, and we've already touched
1444
01:16:20,865 --> 01:16:23,775
these candles in here, the bodies of them.
1445
01:16:24,375 --> 01:16:25,395
And we rejected that.
1446
01:16:25,455 --> 01:16:30,225
So unless we get back above the means
threshold of this down candle here,
1447
01:16:30,375 --> 01:16:33,645
because that's going to be a form of
evaluation in here that we shouldn't
1448
01:16:33,645 --> 01:16:39,195
see it returned back to that 190 or
101 level that shouldn't be seen again,
1449
01:16:39,495 --> 01:16:42,195
if it does, then we're probably going
to see, uh, you know, a run for that.
1450
01:16:42,195 --> 01:16:42,525
Bystolic.
1451
01:16:43,875 --> 01:16:45,935
So anyway, and Albert, the market's heavy.
1452
01:16:46,015 --> 01:16:48,105
It always wants to go lower
and we're looking for lower
1453
01:16:48,105 --> 01:16:49,095
prices on the dollar index.
1454
01:16:49,635 --> 01:16:52,995
Let's go over to Euro dollar in
here and we'll take a look at this
1455
01:16:53,085 --> 01:16:55,035
particular, uh, currency pair.
1456
01:16:55,605 --> 01:16:58,395
Uh, we did violate the 1 0 7 60 level.
1457
01:16:58,755 --> 01:17:02,775
Uh, so the buy-side liquidity has been,
uh, tapped into above these bodies over
1458
01:17:02,775 --> 01:17:08,175
here that we had yesterday, uh, during
the late New York going into Asia, you
1459
01:17:08,175 --> 01:17:12,105
saw it, uh, go into that range Pearson.
1460
01:17:12,405 --> 01:17:16,785
And then today we saw one more time just
to go above yesterday's high and has not
1461
01:17:16,875 --> 01:17:19,575
yet moved any significant movement higher.
1462
01:17:19,605 --> 01:17:21,105
And it hasn't really given
up much ground either.
1463
01:17:21,105 --> 01:17:22,695
So it's just stalling around here.
1464
01:17:23,205 --> 01:17:25,695
So we were inside this range,
still large consolidation.
1465
01:17:26,745 --> 01:17:29,865
Um, I personally believe that
it has more potential to go
1466
01:17:29,865 --> 01:17:31,665
higher based on the analysis.
1467
01:17:31,665 --> 01:17:32,865
I just gave him a dollar index.
1468
01:17:33,285 --> 01:17:36,825
Um, if it would've came down a
little bit more hit this candles.
1469
01:17:38,220 --> 01:17:39,930
And then rejected that
would've been great.
1470
01:17:40,290 --> 01:17:42,780
Um, you're, you're going to see
that happen in your own cable.
1471
01:17:43,440 --> 01:17:47,970
Um, we have the bodies here,
this down candle hit that
1472
01:17:47,970 --> 01:17:49,170
level here and then rejected.
1473
01:17:49,170 --> 01:17:53,100
So I certainly expect
to see that 25 94 level.
1474
01:17:53,550 --> 01:17:56,820
Um, I can't recall where
I made this comment.
1475
01:17:56,820 --> 01:17:58,590
I woke up this morning
and it was bothering me.
1476
01:17:58,590 --> 01:18:03,780
I know I said the 1 25, 25 to 1 25
30 level somewhere in commentary.
1477
01:18:03,780 --> 01:18:07,020
Some of you guys that are really
just hardliners about taking
1478
01:18:07,020 --> 01:18:08,520
notes, which I love you for it.
1479
01:18:09,060 --> 01:18:14,280
Um, I, I mentioned that level
in cable, 1 25, 25 or 1 25 30.
1480
01:18:14,790 --> 01:18:18,870
I don't know where, when I said it, but,
uh, I woke up thinking about that today.
1481
01:18:18,930 --> 01:18:22,680
I don't know why, but if you can
tell me where I've said that.
1482
01:18:22,680 --> 01:18:25,500
I appreciate that, but I still
think that we're going to see
1483
01:18:25,500 --> 01:18:29,760
25 94 to 25 95 in that area.
1484
01:18:29,760 --> 01:18:32,400
I could see it punched
up to 1 26 big figure.
1485
01:18:33,270 --> 01:18:34,050
This has definitely.
1486
01:18:35,655 --> 01:18:37,545
Bolstering confidence in that expectation.
1487
01:18:37,545 --> 01:18:41,775
Cause we seen returned back to old
resistance, broken now support.
1488
01:18:42,315 --> 01:18:44,025
So we should see some further upside.
1489
01:18:44,474 --> 01:18:48,075
This could be a market maker by
profile on their way, uh, smart money,
1490
01:18:48,075 --> 01:18:50,865
reversal, cumulation, re accumulation.
1491
01:18:51,255 --> 01:18:52,605
We have consolidation over here.
1492
01:18:53,144 --> 01:18:53,415
Okay.
1493
01:18:53,415 --> 01:18:55,275
So we could see it run above that level.
1494
01:18:55,275 --> 01:18:58,155
We talked about, I think it
was yesterday who wasn't.
1495
01:18:58,155 --> 01:18:58,335
Yes.
1496
01:18:58,335 --> 01:18:59,445
I know I talked about last week.
1497
01:18:59,835 --> 01:19:04,245
We have equal highs up here, so
we could look for that move to
1498
01:19:04,275 --> 01:19:06,915
take us up into that 27 27 level.
1499
01:19:07,335 --> 01:19:14,085
So 27, 30, 27, uh, 50, uh, in
that area we could see a little
1500
01:19:14,085 --> 01:19:15,525
bit longer-term for cable.
1501
01:19:15,525 --> 01:19:22,575
If we continuously see dollar erosion
and dollar CAD, we closed in that
1502
01:19:22,575 --> 01:19:24,405
gap and then we've moved even lower.
1503
01:19:24,735 --> 01:19:25,925
Uh, we have mean threshold.
1504
01:19:25,934 --> 01:19:26,625
This down came up.
1505
01:19:26,625 --> 01:19:27,855
That would be the next objective.
1506
01:19:28,515 --> 01:19:29,505
So let's add that.
1507
01:19:31,575 --> 01:19:32,474
Let me do a properly.
1508
01:19:34,035 --> 01:19:37,245
I'll make sure I got the level in here in
case it does hit it to the PIP and roll.
1509
01:19:41,815 --> 01:19:42,535
And then
1510
01:20:01,695 --> 01:20:03,075
so 31 twenties next hour.
1511
01:20:03,135 --> 01:20:03,885
Next downside.
1512
01:20:03,885 --> 01:20:04,365
Objective.
1513
01:20:05,025 --> 01:20:06,315
How beautiful is that, man?
1514
01:20:06,495 --> 01:20:08,295
I mean, really take a
look at this reaction.
1515
01:20:08,505 --> 01:20:08,805
Okay.
1516
01:20:08,835 --> 01:20:12,945
And this is for you two guys that are,
are on the fence about the value of
1517
01:20:12,945 --> 01:20:14,415
what you're seeing on a daily chart.
1518
01:20:14,955 --> 01:20:18,315
You know, we're spending too much
time in hindsight that that's that
1519
01:20:18,315 --> 01:20:21,735
to me, that irks me, like, I'm gonna
be honest and be real candid about
1520
01:20:21,735 --> 01:20:24,675
it, irks me because these are the
discussions that we had before.
1521
01:20:25,830 --> 01:20:28,710
And when the market was down here, okay.
1522
01:20:28,710 --> 01:20:31,170
We're looking for the trade
up into this mitigation block.
1523
01:20:31,230 --> 01:20:34,590
And it means threshold of the candle
is exactly right to where it hit.
1524
01:20:35,250 --> 01:20:38,910
And we called for this level to be filled
in or here it filled in that level.
1525
01:20:39,480 --> 01:20:41,520
You know, that's a lot of movement.
1526
01:20:42,060 --> 01:20:44,430
That's a lot of movement
for a pair like this.
1527
01:20:44,880 --> 01:20:48,660
I mean, usually cat, I mean, just
in recent months, it's been a lot of
1528
01:20:48,690 --> 01:20:52,980
volatility for this pair, but historically
it's not really a volatile pair.
1529
01:20:53,130 --> 01:20:55,650
It's not, and it's because of the oil.
1530
01:20:55,980 --> 01:21:01,580
Um, uh, excitement we've seen in, in
recent years, that's caused this paragraph
1531
01:21:01,620 --> 01:21:05,760
deal volatility, but generally before
we had all that volatility in oil, um,
1532
01:21:05,850 --> 01:21:10,920
this is a really generally a quiet, very
good bread and butter currency pair.
1533
01:21:10,950 --> 01:21:14,460
Not that you can't make a lot of money
when it's volatile, but usually it's a
1534
01:21:14,460 --> 01:21:18,240
very low volatility, um, uh, paradise.
1535
01:21:19,394 --> 01:21:22,575
But when it gets excited, like anything
else it's, it's, you know, it could
1536
01:21:22,575 --> 01:21:26,235
be, you know, a very, uh, explosive
market, just like anything else.
1537
01:21:27,285 --> 01:21:29,055
But look at the daily
timeframe here, folks.
1538
01:21:29,055 --> 01:21:29,894
I mean, really take this in.
1539
01:21:29,894 --> 01:21:30,525
I'm not gloating.
1540
01:21:30,525 --> 01:21:33,165
I'm not, I'm not trying to
beat much, uh, beat my chest
1541
01:21:33,165 --> 01:21:34,305
or pat myself on the back here.
1542
01:21:34,335 --> 01:21:40,605
Um, I'm, I'm focusing on the beauty
of price action in its purest state.
1543
01:21:40,605 --> 01:21:44,085
This is exactly what you,
as a trader are looking for.
1544
01:21:44,865 --> 01:21:48,165
You want to be able to determine
where the market has the highest
1545
01:21:48,165 --> 01:21:53,925
probability of going to and reacting
to that's the basis of trading.
1546
01:21:54,195 --> 01:21:55,455
Where are we at right now?
1547
01:21:56,205 --> 01:21:57,765
Where can it go above us?
1548
01:21:57,765 --> 01:21:58,845
And where can it go up below us?
1549
01:21:58,875 --> 01:22:01,065
And what's direction is most
likely going to go, is it going to
1550
01:22:01,065 --> 01:22:02,025
go up or he's going to go lower.
1551
01:22:02,355 --> 01:22:03,045
You have decision.
1552
01:22:03,855 --> 01:22:06,465
Why don't you have the decision
to what level is going to go?
1553
01:22:06,465 --> 01:22:09,705
And once it gets to that level,
should I expect more movement
1554
01:22:09,705 --> 01:22:12,945
in that direction for, should it
consolidate and pause or should it
1555
01:22:12,945 --> 01:22:16,305
reverse when we have these ideas?
1556
01:22:16,515 --> 01:22:17,385
That's what frames the.
1557
01:22:19,435 --> 01:22:22,315
Some of you and some of the ones that
have already left the mentorship.
1558
01:22:22,525 --> 01:22:23,695
We're too impatient.
1559
01:22:24,055 --> 01:22:25,975
They want to jump to
just give me an entry.
1560
01:22:26,725 --> 01:22:28,645
Give me, give me a trade right now.
1561
01:22:28,675 --> 01:22:29,905
Cause I need to know, you know, trade.
1562
01:22:31,495 --> 01:22:35,815
If we can't talk about this openly
and you see what I'm expecting to see
1563
01:22:35,815 --> 01:22:38,845
in the price on this timeframe, okay.
1564
01:22:38,845 --> 01:22:42,025
You've already seen enough of it in a
lower timeframe on the higher timeframe.
1565
01:22:42,025 --> 01:22:44,485
This is where your bread and
butter is made as a career trader.
1566
01:22:44,665 --> 01:22:45,175
This is it.
1567
01:22:45,205 --> 01:22:46,135
This daily timeframe.
1568
01:22:46,135 --> 01:22:46,735
This is it.
1569
01:22:48,085 --> 01:22:53,875
If we can't forecast this timeframe
with any measure of consistency
1570
01:22:54,175 --> 01:22:57,295
or accuracy or validity, okay.
1571
01:22:57,475 --> 01:23:01,705
If there's a storyline that can't
be outlined before the fact I said
1572
01:23:01,705 --> 01:23:04,765
this before I saw the mentorship,
you would know right away.
1573
01:23:05,365 --> 01:23:11,735
If none of these things work you'll
know right away, 95% of you are
1574
01:23:11,735 --> 01:23:14,435
still here looking at the chart.
1575
01:23:15,795 --> 01:23:20,085
I mean, it's behaving
as outlined two levels.
1576
01:23:20,295 --> 01:23:21,105
I mean, think about it.
1577
01:23:22,514 --> 01:23:26,655
When we look at the timeframe to have a
daily chart, it's a long time, you know,
1578
01:23:26,655 --> 01:23:32,115
Andrea sent me, uh, a little sound, clip,
a little voicemail thing, and I find a way
1579
01:23:32,115 --> 01:23:33,375
that I can attach it to the forums off.
1580
01:23:33,385 --> 01:23:33,855
That was cool.
1581
01:23:33,945 --> 01:23:35,955
It's encouraging as a mentor to hear it.
1582
01:23:36,014 --> 01:23:38,655
It's, it's also encouraging for,
for some of you that are here.
1583
01:23:39,375 --> 01:23:45,375
And when we look at a daily timeframe
like this, it's easy to forget how
1584
01:23:45,375 --> 01:23:48,495
powerful this is, because the first
thing is, when you look at it, you're
1585
01:23:48,495 --> 01:23:49,845
like, okay, well, this is a daily chart.
1586
01:23:49,875 --> 01:23:51,735
I don't want to, I don't want
to trade a daily chart because
1587
01:23:51,735 --> 01:23:52,845
my stock needs to be too big.
1588
01:23:53,595 --> 01:23:56,325
And I can't make a lot of money on
a daily chart because it's too slow
1589
01:23:56,625 --> 01:23:57,855
and my stops have to be too big.
1590
01:23:59,115 --> 01:24:00,915
That's all going to change in January.
1591
01:24:01,035 --> 01:24:04,845
There is a way to use this timeframe
to, to trade without having to be
1592
01:24:04,845 --> 01:24:08,175
in a lower timeframe at all, and
still do very, very well, just
1593
01:24:08,175 --> 01:24:10,135
takes a lot more time, but even.
1594
01:24:11,445 --> 01:24:14,085
Look at that level 38, 7 33 88.
1595
01:24:14,085 --> 01:24:16,335
Look at that level when we really
just take that in for a moment.
1596
01:24:18,075 --> 01:24:21,585
What about that level stands
out apart from what I teach
1597
01:24:24,675 --> 01:24:25,605
'cause I, I be honest.
1598
01:24:25,635 --> 01:24:26,505
I don't see it.
1599
01:24:28,005 --> 01:24:33,735
I don't see 1 30, 3,
88 of any significance.
1600
01:24:34,005 --> 01:24:35,235
Why that should have turned there.
1601
01:24:37,915 --> 01:24:39,175
I mean, classic support resistance.
1602
01:24:39,175 --> 01:24:43,165
There's nothing there
there's nothing there.
1603
01:24:44,515 --> 01:24:48,205
Now, if I pour a fair, but from the
high made in December down to the low
1604
01:24:48,205 --> 01:24:52,585
in January, I'm quite certain, it's
probably going to be some 62% level.
1605
01:24:53,394 --> 01:24:53,965
I haven't done it.
1606
01:24:54,035 --> 01:24:56,485
You guys can do it on your own
to see if that's right, or maybe
1607
01:24:56,485 --> 01:25:00,745
it's a 70.5 level, the sweet
spot and the optimal trade entry.
1608
01:25:00,805 --> 01:25:01,525
It could be that level.
1609
01:25:01,915 --> 01:25:02,365
I don't know.
1610
01:25:02,545 --> 01:25:03,625
I don't, like I said, I don't use the.
1611
01:25:04,754 --> 01:25:09,764
Like I teach rather I taught and
baby PIP days, it helps define
1612
01:25:09,764 --> 01:25:11,174
premium and discount markets.
1613
01:25:11,174 --> 01:25:15,495
But apart from that, there's no magic
in a fib, unless we're measuring
1614
01:25:15,615 --> 01:25:19,035
midway points or thresholds, like
we did here at mitigation block.
1615
01:25:19,485 --> 01:25:21,434
But look at the
responsiveness of that level.
1616
01:25:21,795 --> 01:25:23,174
That is beautiful.
1617
01:25:24,224 --> 01:25:28,754
And when I see things like this, even for
someone's been doing for 22 years, okay.
1618
01:25:28,905 --> 01:25:30,764
Real money doing it live.
1619
01:25:30,795 --> 01:25:36,315
And in markets where it literally hangs on
whether or not you're successful or not,
1620
01:25:36,405 --> 01:25:41,205
where you're losing money, Jack, to be
able to see this, the be able to see it,
1621
01:25:41,205 --> 01:25:48,075
anticipate it and understand why it should
be taking place in a chart to me that
1622
01:25:48,075 --> 01:25:51,075
I never lose the appreciation for that.
1623
01:25:52,155 --> 01:25:56,535
I mean, taking trades and making money
and getting stopped out and losing money
1624
01:25:56,535 --> 01:26:00,974
and making money and, and, and finding
setups that's all of the business.
1625
01:26:00,974 --> 01:26:01,634
Everybody has to go through.
1626
01:26:02,595 --> 01:26:07,845
But even doing it for two decades,
plus I'm still, it's amazing to see
1627
01:26:07,845 --> 01:26:12,675
how much precision is available when
you understand what it is that's
1628
01:26:12,675 --> 01:26:13,845
taking place in the marketplace.
1629
01:26:14,145 --> 01:26:15,735
Why should these levels make sense?
1630
01:26:16,875 --> 01:26:18,405
What's the reasoning behind them.
1631
01:26:18,645 --> 01:26:20,235
It's not just any old candle.
1632
01:26:20,655 --> 01:26:21,645
It's not a pattern.
1633
01:26:22,125 --> 01:26:23,925
It's a logic behind it.
1634
01:26:24,345 --> 01:26:27,135
Why should that level be so significant?
1635
01:26:27,555 --> 01:26:31,455
Because everything they used that
was long in here, because it goes
1636
01:26:31,455 --> 01:26:33,315
back to the same premise they buy.
1637
01:26:33,315 --> 01:26:37,005
When it's going down, smart money
can not buy in up moving markets.
1638
01:26:37,185 --> 01:26:39,495
They distribute long positions
as the markets go up.
1639
01:26:39,825 --> 01:26:41,625
That's that that's their hedging program.
1640
01:26:42,375 --> 01:26:44,925
They buy, when markets are going
lower, they have to do that.
1641
01:26:45,015 --> 01:26:47,955
They have to buy when they
have willing counterparty.
1642
01:26:47,955 --> 01:26:51,585
So, uh, their, their intended purpose
of trading, buying, or selling.
1643
01:26:52,485 --> 01:26:56,295
So any down candle in your mind,
you're thinking they bought there.
1644
01:26:57,015 --> 01:26:58,545
So if they bought there and it's traded.
1645
01:26:59,775 --> 01:27:03,885
Once we traded below that down
candle here, anything that would
1646
01:27:03,885 --> 01:27:10,745
be long has to be mitigated or
removed from the marketplace.
1647
01:27:12,915 --> 01:27:15,975
The middle of that candle is
exactly that level right there.
1648
01:27:16,365 --> 01:27:18,825
They went right back up, took
those orders that were long.
1649
01:27:18,855 --> 01:27:20,055
Now they ran away.
1650
01:27:21,105 --> 01:27:25,215
That's exactly what I taught
in the free tutorials.
1651
01:27:25,275 --> 01:27:28,665
As it relates to mitigation
blocks and understanding what
1652
01:27:28,665 --> 01:27:30,615
breakers do, why that takes place.
1653
01:27:32,545 --> 01:27:36,905
This is on a daily timeframe, not a
hourly char or a 15 minute timeframe day
1654
01:27:36,905 --> 01:27:39,005
trading, where you expect to see position.
1655
01:27:39,005 --> 01:27:42,245
Cause that's what I've made my
name on, but the daily chart
1656
01:27:42,245 --> 01:27:43,745
folks, I mean, think about that.
1657
01:27:43,745 --> 01:27:46,745
That's amazing to see
that level of precision.
1658
01:27:47,255 --> 01:27:51,845
And if that doesn't get you excited
about the, the, the consistency
1659
01:27:51,845 --> 01:27:53,005
behind what you're learning, it's not.
1660
01:27:54,240 --> 01:27:55,200
It's the concepts.
1661
01:27:55,260 --> 01:27:56,880
It's the things that I'm teaching you.
1662
01:27:57,180 --> 01:28:02,310
That's what you should be enamored by
not the person of Michael, the fact that
1663
01:28:02,340 --> 01:28:08,130
these things are so consistently seen
in price, and you can anticipate them.
1664
01:28:09,570 --> 01:28:15,510
You can anticipate the measure of
accuracy, that in my opinion, can't be
1665
01:28:15,510 --> 01:28:19,290
seen in other disciplines there's accuracy
to the point where you can be profitable.
1666
01:28:19,290 --> 01:28:19,500
Yes.
1667
01:28:19,530 --> 01:28:21,150
But nothing delivers like this.
1668
01:28:23,160 --> 01:28:29,180
And for, for the folks that
just can't get it, you know, in
1669
01:28:29,230 --> 01:28:30,630
you're leaving, go ahead, leave.
1670
01:28:30,780 --> 01:28:31,680
I'm not worried about it.
1671
01:28:31,950 --> 01:28:33,540
You know, it's not my loss.
1672
01:28:33,840 --> 01:28:38,490
I mean, I know this stuff and the
things that you learned here, and I've
1673
01:28:38,490 --> 01:28:41,820
already learned, they're gonna only have
a lasting impression on your trading.
1674
01:28:42,060 --> 01:28:45,060
Even when you complete this mentorship,
you're going to be able to look back
1675
01:28:45,060 --> 01:28:46,660
and say, man, I've learned a ton of.
1676
01:28:47,985 --> 01:28:50,595
And when you're able to go into
the chart instantly know what
1677
01:28:50,595 --> 01:28:51,555
it is that you're wanting to do.
1678
01:28:51,795 --> 01:28:54,315
What level is the most
significant level right now.
1679
01:28:55,575 --> 01:28:59,205
And if it's not at a level that makes
sense to be working off of, and, or
1680
01:28:59,205 --> 01:29:03,015
it's making a way towards a level that
makes more sense to you, that gives you
1681
01:29:03,015 --> 01:29:08,595
exactly what you've been looking for
all along context framework, patients,
1682
01:29:09,375 --> 01:29:11,685
see if you don't know what you're
waiting for, you can't be patient.
1683
01:29:12,795 --> 01:29:15,975
That's why everybody, that's a
retail trader is impatient and they
1684
01:29:15,975 --> 01:29:18,885
react too fast because they don't
know what they're looking for.
1685
01:29:19,545 --> 01:29:23,445
So you're learning a lot of you have
sent me feedback this month about
1686
01:29:23,505 --> 01:29:27,255
the things that you've discovered
by just only looking at daily chart.
1687
01:29:28,365 --> 01:29:31,515
And I'm so appreciative of that,
because like I said, I had two guys
1688
01:29:31,515 --> 01:29:36,225
send me, you know, basically, you know,
I'm not real happy and I hear you.
1689
01:29:36,375 --> 01:29:37,605
I get what you're saying.
1690
01:29:37,635 --> 01:29:42,975
I appreciate your feedback, but you
got to take a step back and take a
1691
01:29:42,975 --> 01:29:44,295
look at what you're really being shown.
1692
01:29:45,450 --> 01:29:50,549
Because you're literally learning how
to forecast the marketplace on a higher
1693
01:29:50,549 --> 01:29:55,349
timeframe level that gives you every form
of trading discipline at your disposal.
1694
01:29:55,379 --> 01:29:58,919
At that moment, you know exactly
what the market's going to do, and
1695
01:29:58,919 --> 01:30:02,700
you can frame all kinds of trades
on that, all kinds of trades.
1696
01:30:05,559 --> 01:30:06,849
And it doesn't have to be one pair.
1697
01:30:06,849 --> 01:30:08,230
It could be a lot of different pairs.
1698
01:30:08,230 --> 01:30:14,200
Now, if we're, if we're looking at daily
charts, it slows you down way down to
1699
01:30:14,200 --> 01:30:18,969
now, you can look at four or five currency
pairs because it's slow enough for you to
1700
01:30:18,969 --> 01:30:23,469
build an idea and forecast and analysis
for the outcome you expect the trade on,
1701
01:30:24,309 --> 01:30:28,509
but you can't do that realistically for
trading 20 conch, a trade 20 pairs, and
1702
01:30:28,509 --> 01:30:30,879
you're trying to day trade, and you're
not trying to find a trade like that.
1703
01:30:31,450 --> 01:30:33,669
Too many things to look at
like a dog and a meat market.
1704
01:30:33,669 --> 01:30:34,419
You can't do that.
1705
01:30:34,660 --> 01:30:37,690
You've got, gotta refine
your focus to one thing.
1706
01:30:38,860 --> 01:30:39,519
If you're a day trader.
1707
01:30:40,335 --> 01:30:43,755
If you focus your time on the daily
charts like this and say, okay, I'm
1708
01:30:43,755 --> 01:30:47,805
at a level where the market has a real
strong tendency to move lower right now.
1709
01:30:48,795 --> 01:30:51,735
I think it's going to go to a
level like that 31 90 level.
1710
01:30:51,915 --> 01:30:52,245
Okay.
1711
01:30:52,275 --> 01:30:56,055
And I can key off of a level of some
kind of intermediate resistance.
1712
01:30:56,085 --> 01:30:57,345
I can take a ride on that.
1713
01:30:57,355 --> 01:30:57,885
Go lower.
1714
01:31:00,005 --> 01:31:02,465
You're not going to be
freaking out when it rallies.
1715
01:31:02,525 --> 01:31:03,335
You're hoping it does.
1716
01:31:03,755 --> 01:31:07,145
You're not going to be overly excited
when it starts making 40 pips for you
1717
01:31:07,145 --> 01:31:09,725
because you know that the daily timeframe
is probably going to send us down to
1718
01:31:09,725 --> 01:31:12,905
that 1 31 90 level and you'll wait.
1719
01:31:14,345 --> 01:31:19,895
And when it happens, you'll get that
epiphany that, that they'll lifts.
1720
01:31:19,895 --> 01:31:24,245
You're like, I know exactly what
I am going to do as a trader.
1721
01:31:25,175 --> 01:31:26,405
And I can't teach that to you.
1722
01:31:26,765 --> 01:31:31,025
No one else can teach it to you, but
you'll do that by the process of going
1723
01:31:31,025 --> 01:31:32,135
through this mentorship it'll happen.
1724
01:31:33,360 --> 01:31:36,330
And I, I just want you to appreciate that.
1725
01:31:36,570 --> 01:31:37,020
Okay.
1726
01:31:37,050 --> 01:31:42,420
And the two guys that are here listening
right now, you know, you're leaving and
1727
01:31:42,420 --> 01:31:48,060
I know you're leaving too, but I want you
to go away with that, knowing that what
1728
01:31:48,060 --> 01:31:52,950
you're learning, it works and it's there.
1729
01:31:53,430 --> 01:31:55,410
And we've been talking
about it before it happens.
1730
01:31:55,410 --> 01:31:58,110
So it's not hindsight when it
happens, when we talk about something
1731
01:31:58,410 --> 01:32:01,770
and it unfolds in a chart that is
not defined as hindsight, that's
1732
01:32:01,770 --> 01:32:04,770
foresight and appreciate that.
1733
01:32:05,370 --> 01:32:05,850
Okay.
1734
01:32:06,060 --> 01:32:09,780
Go into the charts, you know, on your
own, every one of you and just literally
1735
01:32:09,780 --> 01:32:16,560
go through and how many things it has
been outlined in, in the, uh, before
1736
01:32:16,560 --> 01:32:21,450
the fact, and then look at how many
opportunities that presented for you,
1737
01:32:21,810 --> 01:32:26,730
even in a lower timeframe, take about
how many opportunities are there and
1738
01:32:26,880 --> 01:32:31,530
go back to it only takes 30 pips a
week to double your money every second.
1739
01:32:33,345 --> 01:32:34,695
Suddenly, when you start
thinking about that.
1740
01:32:34,695 --> 01:32:36,675
Cause a lot of the things you have
forgotten because you're so excited
1741
01:32:36,675 --> 01:32:39,555
about the next thing I'm teaching the
next tutorial, the next day, the next
1742
01:32:39,555 --> 01:32:45,345
to that keep yourself rooted in the
basics that it doesn't require a lot.
1743
01:32:46,185 --> 01:32:48,405
So now if we understand the daily
chart now, here, thinking about
1744
01:32:48,405 --> 01:32:51,735
this, I'm going to ask for some
interaction here in response.
1745
01:32:52,335 --> 01:32:59,055
How many of you can appreciate the
ease of finding 30 pips now just in
1746
01:32:59,055 --> 01:33:02,145
the time and the, uh, the concepts
that we've covered in January.
1747
01:33:05,815 --> 01:33:10,825
Now think about it from
Monday's opening in London to
1748
01:33:10,825 --> 01:33:13,015
Friday's close, New York time.
1749
01:33:15,025 --> 01:33:21,115
Maybe 30 pips felt like an impossibility
a year ago, or maybe six months ago, every
1750
01:33:21,115 --> 01:33:22,885
single week consistently finds 30 pips.
1751
01:33:23,365 --> 01:33:26,485
But do you think, honestly,
you can't find 30 pips.
1752
01:33:30,960 --> 01:33:31,440
DZ.
1753
01:33:32,009 --> 01:33:35,309
So every single one of you,
every single one of you have the
1754
01:33:35,309 --> 01:33:37,559
capabilities to double your money.
1755
01:33:37,710 --> 01:33:41,219
If you're relaxed and you allow
that process to take place and
1756
01:33:41,219 --> 01:33:44,639
you don't overtrade how do you
keep from overtrading Michael?
1757
01:33:44,639 --> 01:33:48,030
How do you fight the desires
to go in here and break rules?
1758
01:33:49,019 --> 01:33:51,120
Well, you break them long
enough and lose enough money.
1759
01:33:51,120 --> 01:33:53,490
You're going to, you're going
to either make that change or
1760
01:33:53,490 --> 01:33:54,900
you're going to change careers
1761
01:34:00,080 --> 01:34:01,610
by using this timeframe.
1762
01:34:01,940 --> 01:34:03,769
It forces patients.
1763
01:34:04,309 --> 01:34:05,389
This is the breaker.
1764
01:34:05,540 --> 01:34:05,900
Okay.
1765
01:34:06,620 --> 01:34:08,150
This is the breaker of wills.
1766
01:34:08,179 --> 01:34:08,450
Okay.
1767
01:34:08,450 --> 01:34:12,710
When you trade on a daily chart, you
are literally laying it out there
1768
01:34:12,710 --> 01:34:16,460
and saying, okay, I am not allowed to
do anything less than a daily chart.
1769
01:34:16,490 --> 01:34:18,049
I have to do all my analysis on this.
1770
01:34:18,410 --> 01:34:19,160
I'm going to be honest with you.
1771
01:34:19,460 --> 01:34:21,589
The folks that used to sit
with me on a one-on-one basis.
1772
01:34:21,769 --> 01:34:22,190
Okay.
1773
01:34:23,269 --> 01:34:25,219
This is where they say, look,
you know, this isn't working.
1774
01:34:26,265 --> 01:34:26,555
And it's this.
1775
01:34:26,605 --> 01:34:27,615
That's why I'm not surprised.
1776
01:34:27,905 --> 01:34:33,315
I'm surprised that, you know, it's only
two, but I had the same responsiveness
1777
01:34:33,375 --> 01:34:36,675
from the folks that were sitting with
me and they said, look, I want to learn
1778
01:34:36,675 --> 01:34:39,045
how to trade the bond market intraday.
1779
01:34:39,315 --> 01:34:42,405
And you're looking at me, you're making
me look at a daily chart all week long.
1780
01:34:42,405 --> 01:34:43,605
We're looking at this daily chart.
1781
01:34:43,695 --> 01:34:44,265
Yeah, you're right.
1782
01:34:45,075 --> 01:34:45,765
Cause that's what you need.
1783
01:34:46,845 --> 01:34:54,055
You need that you can't hire a mentor
or pay for a coach to teach you.
1784
01:34:54,385 --> 01:34:57,805
And then you tell that person, no,
no, I need you to teach me like this.
1785
01:35:00,205 --> 01:35:02,305
That's that's that's ludicrous.
1786
01:35:03,295 --> 01:35:08,635
I mean, if you have the expectation, you,
you, that this person or this organization
1787
01:35:08,755 --> 01:35:10,285
knows something you don't know.
1788
01:35:11,035 --> 01:35:11,455
Okay.
1789
01:35:11,665 --> 01:35:14,935
And they are exhibiting the evidence
is that they can do it before
1790
01:35:14,935 --> 01:35:17,965
the fact submit to that process.
1791
01:35:19,105 --> 01:35:20,065
If you can't do that.
1792
01:35:20,065 --> 01:35:21,925
And I'm going to be honest
with you, I was like that.
1793
01:35:23,905 --> 01:35:24,775
I was like that.
1794
01:35:25,980 --> 01:35:30,240
I would not want to follow
rules 2000 plus books.
1795
01:35:30,510 --> 01:35:33,090
That's all kinds of roles
and I didn't want to follow.
1796
01:35:33,090 --> 01:35:35,460
None of them didn't want to do it.
1797
01:35:36,750 --> 01:35:38,880
It wasn't until I sat down
and said, you know what?
1798
01:35:40,230 --> 01:35:42,690
I see all the intraday
moves and I had a job.
1799
01:35:43,620 --> 01:35:44,250
I had a job.
1800
01:35:44,280 --> 01:35:47,730
I was filling with any machines and I had
to use a hard timeframe chart like this.
1801
01:35:47,910 --> 01:35:52,849
And then when it made sense for me
to look at these hard timeframes
1802
01:35:52,849 --> 01:35:55,730
like this, I saw things periodically.
1803
01:35:56,030 --> 01:35:57,440
It would be like I saw it.
1804
01:35:57,530 --> 01:35:59,510
And then I wouldn't see it anymore.
1805
01:36:01,450 --> 01:36:06,070
Looking at this from the, uh,
the perspective of day trades
1806
01:36:06,099 --> 01:36:07,840
doesn't I couldn't day trade.
1807
01:36:08,349 --> 01:36:13,660
I was 30 13 hours a day out on the
road, but I knew that once in a while,
1808
01:36:13,660 --> 01:36:15,099
the daily chart would give me a up.
1809
01:36:16,269 --> 01:36:20,050
And if I could just find a way to find
that set up on the daily chart, I don't
1810
01:36:20,050 --> 01:36:21,160
need to be in front of the charts.
1811
01:36:21,610 --> 01:36:22,000
I could be.
1812
01:36:22,090 --> 01:36:22,660
I could be a trader.
1813
01:36:24,045 --> 01:36:26,505
And so we just put an order in and
then wait for it to hit my order.
1814
01:36:26,515 --> 01:36:27,795
And then I'll trade that way.
1815
01:36:29,685 --> 01:36:35,175
When I discovered how price is
being delivered, it made every one
1816
01:36:35,175 --> 01:36:39,195
of my questions in the past as a
struggling trader it all, they are
1817
01:36:39,195 --> 01:36:43,215
all answered, answered at one time,
it was a very euphoric moment.
1818
01:36:44,235 --> 01:36:47,235
And some of you have had
that moment this month.
1819
01:36:47,235 --> 01:36:51,075
So far, some of you are on the
verge by the things that you send
1820
01:36:51,075 --> 01:36:54,735
in your email, the questions you're
asking, you're so close to it.
1821
01:36:55,605 --> 01:37:00,375
Once it happens and you see it, it
will make so much sense to you you'll
1822
01:37:00,375 --> 01:37:01,455
know exactly what you're doing.
1823
01:37:01,695 --> 01:37:04,365
You'll know exactly what you're
doing, and it won't be so ambiguous,
1824
01:37:04,395 --> 01:37:08,325
but I'm telling you the way you get
that is by going through every single
1825
01:37:08,325 --> 01:37:11,775
trading day, looking at the charts,
the things I'm outlining, I'm telling
1826
01:37:11,775 --> 01:37:14,085
you to watch it, see it, study it.
1827
01:37:14,235 --> 01:37:16,305
You need to experience it as it's moving.
1828
01:37:17,115 --> 01:37:18,465
When it looks like it's probably reversed.
1829
01:37:18,915 --> 01:37:20,565
I don't have any emotion about it.
1830
01:37:20,575 --> 01:37:22,575
Don't don't say, okay, it's
probably reversing here.
1831
01:37:22,605 --> 01:37:26,475
No, wait for these candles to close on
the daily chart, because this story's
1832
01:37:26,475 --> 01:37:28,605
not done until the candle's closed.
1833
01:37:29,685 --> 01:37:33,135
Then you have a new storyline the
next trading day, and you watch
1834
01:37:33,135 --> 01:37:34,725
that transpire over the charts too.
1835
01:37:35,295 --> 01:37:38,625
And when you do this periodically
over sample size of time, and I'm
1836
01:37:38,625 --> 01:37:40,965
saying, you know, about a month, okay.
1837
01:37:40,965 --> 01:37:43,695
About a month, you'll have
it and you'll trust it.
1838
01:37:43,785 --> 01:37:44,625
And you'll say, you know what?
1839
01:37:44,625 --> 01:37:50,055
There's a lot of, there's a lot
of validity to using these things.
1840
01:37:50,055 --> 01:37:52,515
And it's, it proves universal application.
1841
01:37:52,515 --> 01:37:57,985
It's not just an intraday stuff, but
you can't get any better moneymaking
1842
01:37:58,405 --> 01:38:01,885
timeframe than a daily because that's
where the banks are looking at.
1843
01:38:02,875 --> 01:38:07,644
The banks are on this timeframe right
here all day long over the weekend.
1844
01:38:07,735 --> 01:38:10,255
Analysts are scouring over this timeframe.
1845
01:38:11,985 --> 01:38:14,025
This is the one, this is
the moneymaker right here.
1846
01:38:14,775 --> 01:38:17,655
Cause it gives you the storyline
for every possible form of.
1847
01:38:18,615 --> 01:38:22,724
It doesn't matter where you're at in
the scope of position or, or scalping.
1848
01:38:22,724 --> 01:38:23,655
It doesn't make a difference.
1849
01:38:23,684 --> 01:38:26,264
It's all outlined on this timeframe.
1850
01:38:27,075 --> 01:38:30,224
And it's a beautiful thing because
it doesn't require you to be in
1851
01:38:30,224 --> 01:38:31,844
front of it every five minutes.
1852
01:38:32,985 --> 01:38:33,405
Think about it.
1853
01:38:33,405 --> 01:38:39,105
You have all kinds of time to plan and
forecast trades, but you will get there.
1854
01:38:39,795 --> 01:38:43,155
And when you do it, can't
be taken away from you.
1855
01:38:43,724 --> 01:38:45,795
You can't forget it, it's there.
1856
01:38:46,335 --> 01:38:49,815
And it provides you a means of knowing
what you're going to look for in the
1857
01:38:49,815 --> 01:38:54,405
marketplace, why you should expect it
and what that means for you in terms
1858
01:38:54,405 --> 01:38:57,884
of as a trader and what opportunities
are presented based on that.
1859
01:39:00,745 --> 01:39:05,995
And we talked about, uh, on the
Aussie dollar 75 80, and this is an
1860
01:39:05,995 --> 01:39:14,424
interesting point I want to make here
in closing the 75 80 level I outlined.
1861
01:39:14,485 --> 01:39:16,855
And let me show you here.
1862
01:39:22,790 --> 01:39:26,420
All right over here, we had a line
this high, we were looking for the
1863
01:39:26,420 --> 01:39:27,620
market to move above this high.
1864
01:39:28,250 --> 01:39:32,420
And the institutional level that that
represents is the 80 level to the markets.
1865
01:39:32,420 --> 01:39:36,650
We know that the market's like to go to
the 80 level to 50 to 20 and zero levels.
1866
01:39:37,070 --> 01:39:42,320
And the reason why is because there's
a buildup of institutional orders
1867
01:39:42,320 --> 01:39:45,830
that come around that level, they'd
like to use those levels because it
1868
01:39:45,830 --> 01:39:47,390
makes it easier for them to process.
1869
01:39:47,750 --> 01:39:54,050
And that's why if you, if you trade on,
uh, a little bit larger, um, account,
1870
01:39:54,380 --> 01:39:57,230
you'll see that your, your orders
are a lot more efficiently processed
1871
01:39:57,230 --> 01:39:58,480
if you use these levels offset.
1872
01:39:58,480 --> 01:40:00,320
So when you can get to the point
where you're trading prime broker
1873
01:40:00,740 --> 01:40:05,990
and you have larger account at your
disposal, if you place your orders
1874
01:40:05,990 --> 01:40:06,980
around these levels, you'll see.
1875
01:40:07,380 --> 01:40:09,500
You're just going to be no
problems getting filled.
1876
01:40:09,530 --> 01:40:12,590
They just, they're real easy to
get, uh, counterparties to that.
1877
01:40:13,395 --> 01:40:17,235
But 75 80, that was the level we're
looking for here above that high.
1878
01:40:17,595 --> 01:40:19,725
And I said that I didn't
see much above that.
1879
01:40:19,725 --> 01:40:24,555
Now, if you look at anybody on YouTube
that knows my order block stuff,
1880
01:40:24,585 --> 01:40:28,275
or was introduced to it from my
tutorials, they'll say, okay, well,
1881
01:40:28,275 --> 01:40:29,865
look, here's that last candle here.
1882
01:40:30,285 --> 01:40:33,555
And, uh, you know, I'm gonna draw a
line on, on that, that, that came though
1883
01:40:33,555 --> 01:40:34,475
right there and draw it out in time.
1884
01:40:34,495 --> 01:40:37,035
That's where the price of, uh,
Australian dollar should go.
1885
01:40:38,205 --> 01:40:40,605
And I mentioned in passing,
I think it was yesterday.
1886
01:40:40,995 --> 01:40:41,535
I think I did.
1887
01:40:41,565 --> 01:40:45,795
If it wasn't yesterday, I did it last
week, but the, uh, this, this whole
1888
01:40:45,795 --> 01:40:49,665
market movement here, we had a candle
cherry down here and we had the market
1889
01:40:49,665 --> 01:40:52,845
trade down in here and it went up and
then we had this candle trade up a
1890
01:40:52,845 --> 01:40:54,165
little bit and intrigued down here.
1891
01:40:54,435 --> 01:40:56,745
So really all through this whole area.
1892
01:40:59,025 --> 01:41:00,045
Think about that analogy.
1893
01:41:00,045 --> 01:41:02,205
I use a lot with a paint roller.
1894
01:41:02,595 --> 01:41:05,985
If you apply paint to a roller
and you get to paint the wall of
1895
01:41:05,985 --> 01:41:08,075
your home, let me do it like this.
1896
01:41:08,085 --> 01:41:09,495
You guys can keep your
focus, what I'm looking at.
1897
01:41:09,975 --> 01:41:10,275
Okay.
1898
01:41:10,725 --> 01:41:11,475
This candles.
1899
01:41:14,670 --> 01:41:15,210
Is here.
1900
01:41:15,360 --> 01:41:18,030
This candle's wick is here and
this candle's wick is here.
1901
01:41:18,389 --> 01:41:18,780
Okay.
1902
01:41:19,170 --> 01:41:21,000
This whole block of price in here.
1903
01:41:21,030 --> 01:41:23,880
Look how many times prices pass
back and forth in that area?
1904
01:41:24,599 --> 01:41:24,929
Okay.
1905
01:41:25,139 --> 01:41:28,170
It, it was moved down here
and then it came back up.
1906
01:41:28,170 --> 01:41:30,179
So price has been
delivered, both sides here.
1907
01:41:31,200 --> 01:41:34,559
Price has been delivered on
that same range here, and
1908
01:41:34,559 --> 01:41:36,030
it's been mostly traded here.
1909
01:41:36,540 --> 01:41:40,050
So that's the reason why I said that.
1910
01:41:40,080 --> 01:41:44,650
I don't know what would be above
75, 80, but 75 80 was the num the
1911
01:41:44,660 --> 01:41:47,700
number that would take us above
the swing high to an institutional
1912
01:41:47,700 --> 01:41:49,290
level and look what's happening.
1913
01:41:49,950 --> 01:41:53,009
I mean, yes, we're paying, we're piercing
this a little bit, little bit, little
1914
01:41:53,009 --> 01:41:59,400
bit, but why isn't this thing running
because already fulfilled an area of the
1915
01:41:59,400 --> 01:42:01,559
stops and there's no void up in here.
1916
01:42:02,040 --> 01:42:03,780
Price has been efficiently
delivered there.
1917
01:42:03,840 --> 01:42:04,380
You see that?
1918
01:42:04,410 --> 01:42:05,280
Does that make sense to you?
1919
01:42:05,429 --> 01:42:05,730
Anybody?
1920
01:42:05,730 --> 01:42:06,030
Not under.
1921
01:42:12,910 --> 01:42:13,300
Awesome.
1922
01:42:13,720 --> 01:42:15,640
Nobody's saying anything
about not understanding it.
1923
01:42:16,060 --> 01:42:19,810
And that's the reason why I think
that this is, uh, you know, one of the
1924
01:42:19,810 --> 01:42:24,280
elements when you forecast price, when
you ask me some of you will ask, how
1925
01:42:24,280 --> 01:42:25,810
do you know a level's going to hold?
1926
01:42:25,810 --> 01:42:27,130
And it won't just keep on running.
1927
01:42:27,700 --> 01:42:30,190
When you see things like this
and the left side of the chart,
1928
01:42:31,150 --> 01:42:35,290
when you see that, okay, price is
really efficiently balanced there.
1929
01:42:36,160 --> 01:42:37,660
Think of that as like a brick wall.
1930
01:42:38,800 --> 01:42:41,290
There's no reason for the price
of one to reach up into that.
1931
01:42:41,290 --> 01:42:46,150
And if it does, then it will want to
go above this high, not just to this,
1932
01:42:46,150 --> 01:42:49,330
because even this down candle had
another pass through with this WIC.
1933
01:42:50,320 --> 01:42:53,830
So this is all beneficially
traded back and forth, both sides.
1934
01:42:54,610 --> 01:42:57,610
So it only made logical sense where
to come up to clear up the stops
1935
01:42:57,610 --> 01:42:59,260
here and look what's happened.
1936
01:42:59,260 --> 01:43:01,360
We've been able to not really see any.
1937
01:43:02,720 --> 01:43:07,910
Movement above that, uh, 75, 75 E level
and the foods and what I think is 76
1938
01:43:07,910 --> 01:43:09,890
big figure to get, did it get there?
1939
01:43:10,460 --> 01:43:10,660
Yes.
1940
01:43:10,660 --> 01:43:11,390
7,609.
1941
01:43:11,390 --> 01:43:13,040
So it didn't lose much beyond that.
1942
01:43:13,730 --> 01:43:19,370
So if you were getting out 75 80, and it
went to 76 0 9, are you upset about that?
1943
01:43:19,370 --> 01:43:21,080
If you made 50, 60 pips?
1944
01:43:21,320 --> 01:43:21,620
No.
1945
01:43:22,280 --> 01:43:23,510
Nobody should be upset about that.
1946
01:43:28,380 --> 01:43:32,430
But, uh, anyway, I know I went all
over the place a little bit today.
1947
01:43:32,880 --> 01:43:38,220
Um, the F the data ranges, uh, hopefully,
uh, I've clarified the importance of
1948
01:43:38,230 --> 01:43:41,580
look back is more important than the
cast for the cast forward is for you
1949
01:43:41,580 --> 01:43:44,400
to learn anticipatory price skills.
1950
01:43:44,400 --> 01:43:45,750
And we will spend you'll
see all that stuff.
1951
01:43:45,750 --> 01:43:48,330
And you'll see actually being used in
February, going forward every single
1952
01:43:48,330 --> 01:43:50,100
day and only takes a second to do it.
1953
01:43:50,310 --> 01:43:55,470
And that's that, that's the business
on that, um, real quick Euro.
1954
01:43:56,310 --> 01:43:58,080
Lb hit our level to the PIP.
1955
01:43:58,350 --> 01:44:01,470
We had a mean threshold,
uh, outlined here yesterday.
1956
01:44:02,160 --> 01:44:08,550
Uh, the low came in at 85 65 and the
lowest level we have here, 85, 65.
1957
01:44:09,630 --> 01:44:10,680
So pretty neat, huh?
1958
01:44:19,020 --> 01:44:19,500
All right, folks.
1959
01:44:19,500 --> 01:44:20,790
Well, I appreciate you
hanging out with me.
1960
01:44:20,790 --> 01:44:21,840
I had a long session today.
1961
01:44:22,200 --> 01:44:27,390
Um, they don't usually stay this
long, but because they don't see you
1962
01:44:27,510 --> 01:44:29,130
live except for two times a week.
1963
01:44:29,640 --> 01:44:35,370
Um, we had a long one today, but
anyway, um, I'm going to close this
1964
01:44:35,370 --> 01:44:36,930
one with your pleasant afternoon.
1965
01:44:37,020 --> 01:44:40,170
Uh, today, like I said, you have,
uh, I have two teachings tonight
1966
01:44:40,830 --> 01:44:45,630
and I will get with y'all tomorrow
on what lessons you'll have delete,
1967
01:44:45,660 --> 01:44:47,880
uh, released on a Wednesday as well.
1968
01:44:48,795 --> 01:44:53,505
Everything will be delivered
by Friday 8:00 PM for teachings
1969
01:44:53,505 --> 01:44:54,765
for the January content.
1970
01:44:54,765 --> 01:44:58,785
And again, next Tuesday, um, before we
do our live session, you'll have the
1971
01:44:58,785 --> 01:45:01,185
PDF notes for the month of January.
1972
01:45:01,845 --> 01:45:06,525
At the end of Tuesday's live session,
I will be sending out the satisfactory
1973
01:45:06,615 --> 01:45:10,485
agreement for January's content and
your wish to continue into February.
1974
01:45:10,755 --> 01:45:12,225
That will be signed digitally.
1975
01:45:12,285 --> 01:45:15,375
Even if your payment processes,
your access will be denied.
1976
01:45:15,375 --> 01:45:22,515
If you don't sign the, uh, uh, proof of
delivery and as described for January
1977
01:45:22,515 --> 01:45:26,685
content, until I talked to you again,
folks wish good luck and good trading.
168920
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