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These are the user uploaded subtitles that are being translated: 1 00:00:00,330 --> 00:00:01,020 Good morning folks. 2 00:00:01,200 --> 00:00:01,830 Welcome back. 3 00:00:03,450 --> 00:00:03,600 Okay. 4 00:00:03,600 --> 00:00:07,890 We're gonna do some analysis on the current market action 5 00:00:08,760 --> 00:00:11,010 on all the pairs that we watch. 6 00:00:12,300 --> 00:00:15,810 And then I'm gonna go over some of the major points as to what 7 00:00:15,810 --> 00:00:18,780 led me to outline the levels. 8 00:00:18,780 --> 00:00:22,590 As you're seeing in the charts in the last couple of weeks, we've been pretty, 9 00:00:22,620 --> 00:00:27,330 pretty spot on with the market direction, certain levels that we've been noting. 10 00:00:28,010 --> 00:00:30,900 I've been forcing perspective on you on a daily chart. 11 00:00:31,860 --> 00:00:36,580 Some of you, uh, you know, are very appreciative that now, uh, in fact, 12 00:00:36,740 --> 00:00:44,280 I've gotten many emails, uh, no last 40 hours because of the importance of this 13 00:00:44,280 --> 00:00:48,900 timeframe, having made its impression on you finally, uh, not all of you and 14 00:00:48,920 --> 00:00:52,050 I'm inviting you all to send me an email because I get a lot of email as it is. 15 00:00:52,050 --> 00:00:54,750 It's not necessarily, you can send me a tweet, if that would be sufficient enough. 16 00:00:56,250 --> 00:01:00,420 Some of you are acknowledging the fact that, you know, looking at this timeframe 17 00:01:00,570 --> 00:01:04,860 and relaxing a little bit, not demanding idiot, 15 minute timeframes, looking 18 00:01:04,860 --> 00:01:06,539 for a sec, set up the signals every day. 19 00:01:08,080 --> 00:01:11,580 This gives you the, the model on what type of trade you're going to be. 20 00:01:12,400 --> 00:01:12,630 It. 21 00:01:12,720 --> 00:01:13,710 You can see the day trades. 22 00:01:13,710 --> 00:01:15,840 You already know what it looks like on the lower timeframes. 23 00:01:16,140 --> 00:01:19,289 You already know what it looks like to be a one shot, one kill, uh, 24 00:01:19,320 --> 00:01:20,700 trader looking for that weekly range. 25 00:01:20,759 --> 00:01:23,670 You don't know how to trade him specifically or consistently, 26 00:01:24,509 --> 00:01:28,770 but you can see how they can form using this daily timeframe. 27 00:01:29,670 --> 00:01:32,970 So I'm encouraged as a mentor to hear that feedback. 28 00:01:33,000 --> 00:01:36,180 I really appreciate getting that from, from a number of you already. 29 00:01:36,660 --> 00:01:40,199 Uh, and haven't even gotten through all of the content or January. 30 00:01:41,039 --> 00:01:49,229 Um, some of the folks that are in our mentorship, um, or, uh, the two that have. 31 00:01:50,445 --> 00:01:54,794 Um, voice their opinion about concerns, about whether or not the, uh, there's 32 00:01:54,794 --> 00:01:59,115 any validity or value to this because I spend too much time in hindsight. 33 00:01:59,505 --> 00:02:03,945 Um, again, I can't tell you, you know, any clearer than I have already 34 00:02:03,945 --> 00:02:07,994 done using the daily timeframe, we're really mapping out what the market's 35 00:02:07,994 --> 00:02:11,234 doing submission to this daily chart. 36 00:02:11,415 --> 00:02:14,475 It's going to break a lot of your wills and you see they're going to make you a 37 00:02:14,475 --> 00:02:19,305 better trader or it's going to force you to be reactionary on a lower timeframe. 38 00:02:20,204 --> 00:02:25,005 And for those that have listened to the instructions about going 39 00:02:25,005 --> 00:02:28,605 into this month, it's going to forge a great deal of patience. 40 00:02:28,605 --> 00:02:32,984 It's going to force you to look for things that you don't generally look at. 41 00:02:33,855 --> 00:02:37,095 That means what the large areas of liquidity you're 42 00:02:37,095 --> 00:02:38,565 going to be drawing on price. 43 00:02:39,075 --> 00:02:43,005 So when we look at daily charts, every single day, I've been. 44 00:02:43,860 --> 00:02:48,390 You releasing my specific levels of study, what I'm looking for in terms of 45 00:02:48,390 --> 00:02:54,360 the buy-side and sell-side liquidity, some of the questions I've got by email. 46 00:02:54,870 --> 00:03:00,600 And I think if I'm not mistaken, I think I saw one on Twitter, but it wasn't as 47 00:03:00,600 --> 00:03:07,590 clear and distinct as the vocabulary used in the email, it was very direct 48 00:03:07,590 --> 00:03:11,430 and said, look, you know, um, I need to know what's going to happen on the 49 00:03:11,430 --> 00:03:14,730 right side of the chart because we're talking too much on the left side. 50 00:03:14,790 --> 00:03:18,060 You know, I need to know what's going on here because I need 51 00:03:18,060 --> 00:03:21,420 to know I can trust the guy I'm spending my time and my money on. 52 00:03:21,660 --> 00:03:26,880 And sir, you know who you are and I'm not trying to, you know, make a case about, 53 00:03:26,940 --> 00:03:33,300 you know, any one particular opinion, but I just want you to be realistic about it. 54 00:03:33,329 --> 00:03:33,780 Okay. 55 00:03:34,380 --> 00:03:39,090 When all of you look at the charts and all the analysis and the concepts that 56 00:03:39,090 --> 00:03:46,440 I'm employing each week, Every time I give you a chart recently here it's before. 57 00:03:47,190 --> 00:03:51,150 Well, certainly before 3:00 PM Eastern standard time or New York time. 58 00:03:51,900 --> 00:03:53,400 So it's an advance. 59 00:03:53,820 --> 00:03:56,790 You all have it and I'm encouraging you to download it that way. 60 00:03:56,790 --> 00:03:59,250 There's no changing or editing on my part. 61 00:03:59,250 --> 00:04:00,120 I can't change that. 62 00:04:00,510 --> 00:04:00,780 Okay. 63 00:04:00,780 --> 00:04:07,170 So if I give you the levels on both sides buy-side and sell-side liquidity, what 64 00:04:07,260 --> 00:04:08,850 should you be doing with that information? 65 00:04:08,850 --> 00:04:11,790 So I'm going to clear that up this morning, so that way, and I 66 00:04:11,790 --> 00:04:14,640 thought this was pretty clear, but apparently some of you don't have, 67 00:04:15,450 --> 00:04:19,380 um, and don't understand what it is I'm supposed to be having you do. 68 00:04:19,440 --> 00:04:21,300 So I have that also include the date too. 69 00:04:21,300 --> 00:04:26,190 So we're gonna start with that now, when I give you buy-side and sell-side liquidity. 70 00:04:26,640 --> 00:04:27,120 Okay. 71 00:04:27,660 --> 00:04:32,400 What you're supposed to be doing is you have a range it's been defined by me. 72 00:04:34,974 --> 00:04:41,125 By default, I'm forcing you to look inside of a specific segment of price action. 73 00:04:41,664 --> 00:04:44,724 It's kinda like a, uh, uh, a bookend. 74 00:04:44,994 --> 00:04:45,414 Okay. 75 00:04:45,984 --> 00:04:48,895 This is the, uh, the ending point for the upside. 76 00:04:48,895 --> 00:04:50,844 And this is the ending point for the downside. 77 00:04:51,445 --> 00:04:54,565 And when prices in between these two areas, when I share it on a 78 00:04:54,565 --> 00:05:00,294 daily chart, what I'm encouraging you to do is study which side the 79 00:05:00,294 --> 00:05:03,234 markets trying to draw to imagine. 80 00:05:03,265 --> 00:05:06,895 Uh, I used to do this a lot when I was in middle school and grade school. 81 00:05:07,315 --> 00:05:10,284 I used to play with magnets all the time, and I would invariably take 82 00:05:10,525 --> 00:05:14,635 staples out of the paperwork that the teacher would give me, or I'd put a 83 00:05:14,635 --> 00:05:20,484 little pieces of a metallic flake from the, uh, the shop, because we used 84 00:05:20,484 --> 00:05:23,395 to have a wood shop and metal shop. 85 00:05:23,695 --> 00:05:26,005 And I would take these little shavings and play with that stuff 86 00:05:26,005 --> 00:05:27,984 with a magnet and move the magnet around underneath the desk. 87 00:05:27,984 --> 00:05:30,474 And it would move to park was around well prices, just like that. 88 00:05:30,474 --> 00:05:31,914 Imagine a magnet being. 89 00:05:33,335 --> 00:05:38,795 And a magnet being down here as the price gets closer to one of these levels, 90 00:05:38,795 --> 00:05:40,895 it's going to embarrassingly draw to it. 91 00:05:41,224 --> 00:05:42,245 It's going to jump to it. 92 00:05:43,745 --> 00:05:46,685 What you're looking for in your studying on the daily chart is there's 93 00:05:46,865 --> 00:05:51,235 going to be obvious clues as to what side the market wants to reach for. 94 00:05:51,485 --> 00:05:53,675 It's either going to want to reach for the buy side or it's 95 00:05:53,675 --> 00:05:54,695 going to reach for the sell side. 96 00:05:55,205 --> 00:05:58,625 This is a skill set that you'll learn because institutional 97 00:05:58,625 --> 00:06:00,125 order flow there's rules. 98 00:06:00,485 --> 00:06:00,695 Okay. 99 00:06:00,695 --> 00:06:01,925 There's things that you have to look for. 100 00:06:01,925 --> 00:06:05,735 There's fingerprints on how they move price from one level to the next, 101 00:06:07,145 --> 00:06:11,555 this exercise by fortune you, by looking at a daily chart and studying 102 00:06:11,555 --> 00:06:14,795 where the buy-side liquidity is, or the liquidity pool for buy stops. 103 00:06:14,945 --> 00:06:19,085 This is what we're saying here, or the Southside liquidity or where the sell 104 00:06:19,085 --> 00:06:21,875 stops would be there pending orders. 105 00:06:21,875 --> 00:06:26,465 That's areas where new orders would come in or existing 106 00:06:26,465 --> 00:06:28,715 orders would be executed on. 107 00:06:30,300 --> 00:06:35,280 Because we don't have a real order book in a sense like what, like Atlanta has. 108 00:06:35,430 --> 00:06:38,400 Um, they have, they supposedly they're showing you their, their order book. 109 00:06:38,400 --> 00:06:44,250 Who's who's net long who's net short and where's it re uh, existing orders that 110 00:06:44,250 --> 00:06:48,450 doesn't really exist in the sense that there's this too vast of a marketplace. 111 00:06:48,720 --> 00:06:51,390 It doesn't have a centralized here's what all the orders are. 112 00:06:51,780 --> 00:06:52,080 Okay. 113 00:06:52,440 --> 00:06:57,930 So the algorithm knows by reaching back in time to specific price levels 114 00:06:57,930 --> 00:07:01,440 that are very generically defined is there's nothing ambiguous about them. 115 00:07:02,040 --> 00:07:04,380 You know, it's the, it's the main things we've already talked about. 116 00:07:05,160 --> 00:07:09,900 Main thing is, is old high, old, low, because that's the number one thing that 117 00:07:09,900 --> 00:07:13,350 everyone's trained to do is put a buy stop above an old high and a sell, stop, 118 00:07:13,350 --> 00:07:18,540 blow an old well, but you've seen this this month, that there's a great deal of. 119 00:07:19,335 --> 00:07:23,355 The validity to just focusing on this timeframe and by looking 120 00:07:23,355 --> 00:07:26,355 at the buy-side and sell-side liquidity areas that I've no doubt. 121 00:07:27,105 --> 00:07:32,025 It's not that I'm trying to put out there of a bracket of the marketplace and wait 122 00:07:32,025 --> 00:07:35,775 for one to get hit and say, now look how smart we are, or specifically me. 123 00:07:36,495 --> 00:07:41,205 I'm telling you what side I'm telling you before the fact where it's going. 124 00:07:41,805 --> 00:07:46,695 So I'm leading you to where you should be focusing because I'm trying 125 00:07:46,695 --> 00:07:50,085 to reinforce the idea of seeing it pan out over and over again. 126 00:07:50,595 --> 00:07:52,755 You're getting a subtle nudge by me. 127 00:07:52,755 --> 00:07:56,085 Hey, look, the market's going here. 128 00:07:57,045 --> 00:07:57,465 Okay. 129 00:07:58,155 --> 00:08:00,105 But this is where the buy-side liquidity is. 130 00:08:00,105 --> 00:08:01,775 And look at every time it wants to go up there. 131 00:08:01,775 --> 00:08:03,855 Does it want the state in that direction? 132 00:08:04,035 --> 00:08:04,485 No. 133 00:08:04,875 --> 00:08:08,775 This candle went up, blew out the bodies of these candles over here, even the 134 00:08:08,775 --> 00:08:11,955 WIC, and then rejected this candle here. 135 00:08:12,165 --> 00:08:15,075 It started to go up at this at one point in this day. 136 00:08:16,275 --> 00:08:17,505 It looked like a bullish candle. 137 00:08:17,685 --> 00:08:22,094 It was engulfing this body's candle here, and this candle is body right now. 138 00:08:22,094 --> 00:08:22,905 Let me say that backwards. 139 00:08:23,294 --> 00:08:23,835 I'm dyslexic. 140 00:08:23,835 --> 00:08:27,945 When I talk about candlesticks the body on this candle at one time, was 141 00:08:28,125 --> 00:08:33,405 it opened here and had a full green candle at one time, then it rejected 142 00:08:33,765 --> 00:08:35,084 and went lower and closed lower. 143 00:08:35,294 --> 00:08:40,005 So again, my question is, as you're watching each day, instead of opening 144 00:08:40,005 --> 00:08:42,855 these charts up and waiting for some kind of little notation saying, okay, we're 145 00:08:42,855 --> 00:08:46,155 going to buy here and we're going to look to take our profits here, or this is a 146 00:08:46,155 --> 00:08:48,015 new area to sell or anything like that. 147 00:08:48,345 --> 00:08:52,875 The idea is for you to get in here and draw up all kinds of notes in the areas. 148 00:08:52,875 --> 00:08:56,355 That's open, make notations note. 149 00:08:56,355 --> 00:08:59,895 The fact that it was going to be unable to get up there and hit that area. 150 00:09:00,525 --> 00:09:02,204 This up candle didn't even get touched. 151 00:09:02,564 --> 00:09:04,905 Then this candle here started bullishly but look, they couldn't, 152 00:09:04,995 --> 00:09:09,675 they couldn't maintain it and went down below the midpoint, or it 153 00:09:09,675 --> 00:09:10,785 means threshold of this down here. 154 00:09:11,835 --> 00:09:14,985 So, is it indicating its willingness to want to go to these buy-side liquidity 155 00:09:15,075 --> 00:09:17,385 or is it indicating that it wants to go down to the sell side liquidity? 156 00:09:18,435 --> 00:09:23,085 Clearly it, each day it's given you clues that it wants to go lower now 157 00:09:23,565 --> 00:09:28,605 using EFTA all I'm doing is telling you where the large fund liquidity is. 158 00:09:29,095 --> 00:09:33,885 There are shorter term or near term buy and sell stops as well. 159 00:09:34,395 --> 00:09:38,925 Even though this is a big area where large funds would have buying interest 160 00:09:40,005 --> 00:09:44,985 and selling interest down here, you have these equal bodied candles here. 161 00:09:46,005 --> 00:09:50,205 So there's going to be a small liquidity pool of sell stocks below here and now 162 00:09:50,205 --> 00:09:54,135 this new swing high, because as soon as this candle closes and before this 163 00:09:54,135 --> 00:09:57,825 candle starts trading, oh, actually only this panel really starts trading. 164 00:09:58,035 --> 00:09:59,055 This candle has closed. 165 00:09:59,655 --> 00:10:02,685 So now we have a three bar pattern or a swing high. 166 00:10:02,985 --> 00:10:08,505 So liquidity would be resting right above this high here, but look at the bottom. 167 00:10:09,210 --> 00:10:10,860 We would need to get it all the way up there. 168 00:10:11,130 --> 00:10:15,780 All you need is the bias of each of these candles in here that represents a 169 00:10:15,780 --> 00:10:20,910 period, a period where price was unable to, with a great deal of volume, make 170 00:10:20,910 --> 00:10:23,130 a move consists considerably higher. 171 00:10:23,160 --> 00:10:24,810 All it did was make one there. 172 00:10:25,140 --> 00:10:27,180 So both candles traded here. 173 00:10:27,330 --> 00:10:28,740 It opened here, tried to go higher. 174 00:10:28,740 --> 00:10:30,180 It rejected and it went down. 175 00:10:30,780 --> 00:10:37,000 So there was no real desire to get above this swing high here, this high 176 00:10:37,000 --> 00:10:39,870 with a lower high and a lower high here, it only just went above it. 177 00:10:39,880 --> 00:10:44,830 Just a brief, small little piercing of this high here, and then rejected 178 00:10:45,970 --> 00:10:47,410 by watching the daily chart. 179 00:10:48,070 --> 00:10:50,020 It slows things down considerably. 180 00:10:50,620 --> 00:10:52,960 And for some of you, that's a blessing because you're trying to 181 00:10:52,960 --> 00:10:55,930 make too many decisions throughout the week, which leads to too many 182 00:10:55,930 --> 00:10:59,800 trades, which leads to overtrading, which leads to hemorrhaging of your 183 00:10:59,800 --> 00:11:01,360 equity, even if it's a demo account. 184 00:11:02,530 --> 00:11:08,505 So by having these ideas on your chart and me nudging you telling you, okay, I 185 00:11:08,505 --> 00:11:11,234 believe that the buy-side liquid is going to be hit here, or I believe that the 186 00:11:11,234 --> 00:11:12,555 sell side liquid's going to be hit here. 187 00:11:12,734 --> 00:11:15,165 I believe the range is going to maintain this level, but still 188 00:11:15,165 --> 00:11:17,594 have a downward, uh, draw on price. 189 00:11:18,405 --> 00:11:20,114 We're in a larger consolidation. 190 00:11:21,645 --> 00:11:27,285 I noted this in the dollar index, but we were leading to this level here. 191 00:11:28,484 --> 00:11:30,104 We didn't talk about buy-side liquidity. 192 00:11:30,104 --> 00:11:31,665 We didn't want to be a buyer up here. 193 00:11:31,994 --> 00:11:35,295 The underlying direction was we were barest dollar, but 194 00:11:35,505 --> 00:11:37,275 sideways, larger consolidation. 195 00:11:37,545 --> 00:11:38,204 What does that mean? 196 00:11:38,655 --> 00:11:42,344 That means that we're seeing a steady little drain lower each 197 00:11:42,344 --> 00:11:46,064 time, not a massive sell off where it just keeps blowing through this. 198 00:11:46,364 --> 00:11:48,344 We've already seen price trade down below it. 199 00:11:48,464 --> 00:11:51,435 And this morning at one time, it traded right back up to the 200 00:11:51,435 --> 00:11:52,484 body of these candles in here. 201 00:11:53,084 --> 00:11:55,814 So I was revisiting old area of support. 202 00:11:56,594 --> 00:11:59,084 Now it's going to act as resistance, but now does it have 203 00:11:59,084 --> 00:12:00,314 a willingness to go much lower? 204 00:12:00,645 --> 00:12:01,724 It hasn't shown it. 205 00:12:01,724 --> 00:12:02,535 Hasn't shown it yet. 206 00:12:03,314 --> 00:12:04,094 What day of the week is. 207 00:12:05,025 --> 00:12:05,715 It's Tuesday. 208 00:12:06,194 --> 00:12:10,455 So there's potential that this could be forming a weekly, low you'd 209 00:12:10,455 --> 00:12:12,435 never know that you never know that. 210 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 211 00:12:16,515 --> 00:12:19,485 to the conclusion that, okay, the weekly range is forming the low here or the 212 00:12:19,485 --> 00:12:21,015 weekly ranges forming the high here. 213 00:12:21,675 --> 00:12:24,915 You have to build in the ideas of all the other pairs. 214 00:12:25,275 --> 00:12:28,155 And like we talked about last night, intermarket analysis. 215 00:12:28,245 --> 00:12:32,145 What are the other asset classes in groups telling you what should be taking place? 216 00:12:32,535 --> 00:12:35,715 Should there be a larger, longer term sell off on the dollar index 217 00:12:35,715 --> 00:12:39,225 or it should be, should we be seeing some, some consolidation or 218 00:12:39,225 --> 00:12:42,135 a reversal and reusing of uptrend? 219 00:12:43,185 --> 00:12:47,625 All those questions are answered by utilize utilizing all these concepts 220 00:12:47,625 --> 00:12:49,005 and tools in concert with one another. 221 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 222 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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