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Good morning folks.
Welcome back.
Okay.
We're gonna do some analysis on the current market action
on all the pairs that we watch.
And then I'm gonna go over some of the major points as to what
led me to outline the levels.
As you're seeing in the charts in the last couple of weeks, we've been pretty,
pretty spot on with the market direction, certain levels that we've been noting.
I've been forcing perspective on you on a daily chart.
Some of you, uh, you know, are very appreciative that now, uh, in fact,
I've gotten many emails, uh, no last 40 hours because of the importance of this
timeframe, having made its impression on you finally, uh, not all of you and
I'm inviting you all to send me an email because I get a lot of email as it is.
It's not necessarily, you can send me a tweet, if that would be sufficient enough.
Some of you are acknowledging the fact that, you know, looking at this timeframe
and relaxing a little bit, not demanding idiot, 15 minute timeframes, looking
for a sec, set up the signals every day.
This gives you the, the model on what type of trade you're going to be.
It.
You can see the day trades.
You already know what it looks like on the lower timeframes.
You already know what it looks like to be a one shot, one kill, uh,
trader looking for that weekly range.
You don't know how to trade him specifically or consistently,
but you can see how they can form using this daily timeframe.
So I'm encouraged as a mentor to hear that feedback.
I really appreciate getting that from, from a number of you already.
Uh, and haven't even gotten through all of the content or January.
Um, some of the folks that are in our mentorship, um, or, uh, the two that have.
Um, voice their opinion about concerns, about whether or not the, uh, there's
any validity or value to this because I spend too much time in hindsight.
Um, again, I can't tell you, you know, any clearer than I have already
done using the daily timeframe, we're really mapping out what the market's
doing submission to this daily chart.
It's going to break a lot of your wills and you see they're going to make you a
better trader or it's going to force you to be reactionary on a lower timeframe.
And for those that have listened to the instructions about going
into this month, it's going to forge a great deal of patience.
It's going to force you to look for things that you don't generally look at.
That means what the large areas of liquidity you're
going to be drawing on price.
So when we look at daily charts, every single day, I've been.
You releasing my specific levels of study, what I'm looking for in terms of
the buy-side and sell-side liquidity, some of the questions I've got by email.
And I think if I'm not mistaken, I think I saw one on Twitter, but it wasn't as
clear and distinct as the vocabulary used in the email, it was very direct
and said, look, you know, um, I need to know what's going to happen on the
right side of the chart because we're talking too much on the left side.
You know, I need to know what's going on here because I need
to know I can trust the guy I'm spending my time and my money on.
And sir, you know who you are and I'm not trying to, you know, make a case about,
you know, any one particular opinion, but I just want you to be realistic about it.
Okay.
When all of you look at the charts and all the analysis and the concepts that
I'm employing each week, Every time I give you a chart recently here it's before.
Well, certainly before 3:00 PM Eastern standard time or New York time.
So it's an advance.
You all have it and I'm encouraging you to download it that way.
There's no changing or editing on my part.
I can't change that.
Okay.
So if I give you the levels on both sides buy-side and sell-side liquidity, what
should you be doing with that information?
So I'm going to clear that up this morning, so that way, and I
thought this was pretty clear, but apparently some of you don't have,
um, and don't understand what it is I'm supposed to be having you do.
So I have that also include the date too.
So we're gonna start with that now, when I give you buy-side and sell-side liquidity.
Okay.
What you're supposed to be doing is you have a range it's been defined by me.
By default, I'm forcing you to look inside of a specific segment of price action.
It's kinda like a, uh, uh, a bookend.
Okay.
This is the, uh, the ending point for the upside.
And this is the ending point for the downside.
And when prices in between these two areas, when I share it on a
daily chart, what I'm encouraging you to do is study which side the
markets trying to draw to imagine.
Uh, I used to do this a lot when I was in middle school and grade school.
I used to play with magnets all the time, and I would invariably take
staples out of the paperwork that the teacher would give me, or I'd put a
little pieces of a metallic flake from the, uh, the shop, because we used
to have a wood shop and metal shop.
And I would take these little shavings and play with that stuff
with a magnet and move the magnet around underneath the desk.
And it would move to park was around well prices, just like that.
Imagine a magnet being.
And a magnet being down here as the price gets closer to one of these levels,
it's going to embarrassingly draw to it.
It's going to jump to it.
What you're looking for in your studying on the daily chart is there's
going to be obvious clues as to what side the market wants to reach for.
It's either going to want to reach for the buy side or it's
going to reach for the sell side.
This is a skill set that you'll learn because institutional
order flow there's rules.
Okay.
There's things that you have to look for.
There's fingerprints on how they move price from one level to the next,
this exercise by fortune you, by looking at a daily chart and studying
where the buy-side liquidity is, or the liquidity pool for buy stops.
This is what we're saying here, or the Southside liquidity or where the sell
stops would be there pending orders.
That's areas where new orders would come in or existing
orders would be executed on.
Because we don't have a real order book in a sense like what, like Atlanta has.
Um, they have, they supposedly they're showing you their, their order book.
Who's who's net long who's net short and where's it re uh, existing orders that
doesn't really exist in the sense that there's this too vast of a marketplace.
It doesn't have a centralized here's what all the orders are.
Okay.
So the algorithm knows by reaching back in time to specific price levels
that are very generically defined is there's nothing ambiguous about them.
You know, it's the, it's the main things we've already talked about.
Main thing is, is old high, old, low, because that's the number one thing that
everyone's trained to do is put a buy stop above an old high and a sell, stop,
blow an old well, but you've seen this this month, that there's a great deal of.
The validity to just focusing on this timeframe and by looking
at the buy-side and sell-side liquidity areas that I've no doubt.
It's not that I'm trying to put out there of a bracket of the marketplace and wait
for one to get hit and say, now look how smart we are, or specifically me.
I'm telling you what side I'm telling you before the fact where it's going.
So I'm leading you to where you should be focusing because I'm trying
to reinforce the idea of seeing it pan out over and over again.
You're getting a subtle nudge by me.
Hey, look, the market's going here.
Okay.
But this is where the buy-side liquidity is.
And look at every time it wants to go up there.
Does it want the state in that direction?
No.
This candle went up, blew out the bodies of these candles over here, even the
WIC, and then rejected this candle here.
It started to go up at this at one point in this day.
It looked like a bullish candle.
It was engulfing this body's candle here, and this candle is body right now.
Let me say that backwards.
I'm dyslexic.
When I talk about candlesticks the body on this candle at one time, was
it opened here and had a full green candle at one time, then it rejected
and went lower and closed lower.
So again, my question is, as you're watching each day, instead of opening
these charts up and waiting for some kind of little notation saying, okay, we're
going to buy here and we're going to look to take our profits here, or this is a
new area to sell or anything like that.
The idea is for you to get in here and draw up all kinds of notes in the areas.
That's open, make notations note.
The fact that it was going to be unable to get up there and hit that area.
This up candle didn't even get touched.
Then this candle here started bullishly but look, they couldn't,
they couldn't maintain it and went down below the midpoint, or it
means threshold of this down here.
So, is it indicating its willingness to want to go to these buy-side liquidity
or is it indicating that it wants to go down to the sell side liquidity?
Clearly it, each day it's given you clues that it wants to go lower now
using EFTA all I'm doing is telling you where the large fund liquidity is.
There are shorter term or near term buy and sell stops as well.
Even though this is a big area where large funds would have buying interest
and selling interest down here, you have these equal bodied candles here.
So there's going to be a small liquidity pool of sell stocks below here and now
this new swing high, because as soon as this candle closes and before this
candle starts trading, oh, actually only this panel really starts trading.
This candle has closed.
So now we have a three bar pattern or a swing high.
So liquidity would be resting right above this high here, but look at the bottom.
We would need to get it all the way up there.
All you need is the bias of each of these candles in here that represents a
period, a period where price was unable to, with a great deal of volume, make
a move consists considerably higher.
All it did was make one there.
So both candles traded here.
It opened here, tried to go higher.
It rejected and it went down.
So there was no real desire to get above this swing high here, this high
with a lower high and a lower high here, it only just went above it.
Just a brief, small little piercing of this high here, and then rejected
by watching the daily chart.
It slows things down considerably.
And for some of you, that's a blessing because you're trying to
make too many decisions throughout the week, which leads to too many
trades, which leads to overtrading, which leads to hemorrhaging of your
equity, even if it's a demo account.
So by having these ideas on your chart and me nudging you telling you, okay, I
believe that the buy-side liquid is going to be hit here, or I believe that the
sell side liquid's going to be hit here.
I believe the range is going to maintain this level, but still
have a downward, uh, draw on price.
We're in a larger consolidation.
I noted this in the dollar index, but we were leading to this level here.
We didn't talk about buy-side liquidity.
We didn't want to be a buyer up here.
The underlying direction was we were barest dollar, but
sideways, larger consolidation.
What does that mean?
That means that we're seeing a steady little drain lower each
time, not a massive sell off where it just keeps blowing through this.
We've already seen price trade down below it.
And this morning at one time, it traded right back up to the
body of these candles in here.
So I was revisiting old area of support.
Now it's going to act as resistance, but now does it have
a willingness to go much lower?
It hasn't shown it.
Hasn't shown it yet.
What day of the week is.
It's Tuesday.
So there's potential that this could be forming a weekly, low you'd
never know that you never know that.
So you have to look for clues just by looking at one chart and you can't come
to the conclusion that, okay, the weekly range is forming the low here or the
weekly ranges forming the high here.
You have to build in the ideas of all the other pairs.
And like we talked about last night, intermarket analysis.
What are the other asset classes in groups telling you what should be taking place?
Should there be a larger, longer term sell off on the dollar index
or it should be, should we be seeing some, some consolidation or
a reversal and reusing of uptrend?
All those questions are answered by utilize utilizing all these concepts
and tools in concert with one another.
So when we look at the daily charts, when I draw up buy-side and sell-side
liquidity, number one, you've already got a predefined range.
So don't expect much beyond.
Right now.
Okay.
At least don't expect in the next 24 hours, some of you get really ambitious
about how you think the market's going to trade and you'll start looking at up here.
Okay.
Or you'll look all the way over here.
Okay.
And there's all these other reference points that are closer
to you that you have to study.
You have to see what influence they have on price, because I'm gonna tell you right
now, when you look at charts like this in hindsight, when we talk about, okay, we
talked this, it was going to be unlikely, be touch, but we were talking about this.
Most likely being touched with the sell side liquidity.
When that's discussed in hindsight, it's frustrating to some of you, because
number one, it doesn't equate to a trade.
It doesn't equate to profitability.
You didn't make any money off of it.
And I can't change that perception on it because I've already told you that
you're supposed to be learning how to discern where the market's going,
because you can't get this lesson.
Right.
I can tell you all day long entries and exit, uh, techniques on any skillset
of trading, whether it be short-term day trading or scalping or swing, it's
still going to cause you to lose money because you're going to not understand
what this particular timeframe we studied all this month and still will refer.
The reigning portion of this month has been telling you everything that
I lead your attention to in this daily timeframe will help you in
every form of trading, but you have to make the notations and each day,
give yourself a little notation next.
Okay.
I gave you a chart.
You print somewhere, you can type it out.
You can go into Ms.
Paint and put it out there yourself, or preferably this is what I would do.
I would print the chart out and yes, it's going to cost you some money for, for ink.
Okay.
But who are you investing the money in?
I don't, I'm not getting that money spent on me.
You're spending it on you.
It's for your it's for your, uh, So, yes, print the charts out.
Know you can print it out in a black and white, gray scale.
You don't have to use a lot of ink there, settings on your printer.
You can change that, but it's going to cost you a little bit
of time to do this each day.
And it's going to cost you a little bit of money, Uber, over and above
what you spend for the mentorship, but that's money being spent on you.
And it's time that you're spending on yourself.
No one else is seeing these notations and no one else is going to get
the, the benefit of having it.
But every single time you see a new candle paint in a new daily chart is updated.
You should be noting what you're thinking inside.
Literally write it down.
Even it doesn't have to be a long-winded, you know, expo, uh,
explanation about everything.
You're thinking what you think right now.
I thought that the arm, the daily candle at one time today was bullish.
I thought it was going to try to make a run for it, a buy-side liquidity,
but it closed lower on a day.
So now I have learned.
This is a much stronger draw.
It's showed a willingness to want to not get up there on this
candle and it confirmed it here.
And we're below the middle of this down candle.
So it should start making a run for that area over here.
We shaded it in the red, so I should expect to see each day, see very
little upside and a lot of the candles range beyond the downside.
And it should stay with a down close here's Sonny's opening
here's Monday's trading here.
We are on Tuesday.
Okay.
Even on Tuesday today, we seen the price want to get up, but where's it
going to just any old random place?
No, it's going back to the buyers of the candles over here and it's
showing willingness to sell off again.
So it's finding resistance going higher still, even after it's gone
below these lows, but it hasn't broke.
Yesterday's low yet significantly.
So we're just in a period of consolidation and it's.
Weighing out whether or not it needs to be down here.
In other words, is this justified being below these lows?
Now?
I like the fact personally, I liked the fact that we went below here
yesterday and we didn't come all the way back and close or trade above
this candle's high or Monday's high.
I like that because if we would have done that today and we still
could, I mean, it's still got a little bit time today, but if it goes
right back up and closes above this candle's high, that changes the tune.
Okay.
Now we would then really be looking for a run to the buy-side liquidity here.
It would be wanting to draw price up there.
Okay.
Now using EFTA the interbank price delivery algorithm.
When we have an expectation of what the market should be doing, directional lies.
Okay.
Um, that's obviously going to come from a monthly, weekly, daily.
Now I haven't introduced anything with a monthly, weekly chart yet,
but you're going to get that today.
We're gonna be talking about, uh, the monthly, um, pain de arrays, where we map
out what the hard timeframe charts are, are doing, and whether the algorithm will
be seeking liquidity based on those ideas.
Once you have that monthly and weekly, uh, teaching, once that happens, everything
we've done so far for the month, it'll gel you'll know exactly what you're looking
for on the, on the hard timeframe charts.
And after tonight, you'll know what it is that brings you to a
daily bias or the weekly range.
What direction should that weekly range be?
Should it be up or down?
And by that, it gives you a plethora of trading signals because you
could be a scalper or day trader or short-term trader and trade one shot.
One kills when you have, when you have the idea of the, or accept,
rather than just say it like that.
When you accept the idea that the market is pushed around by an algorithm.
Okay.
It's sometimes a hard thing to accept.
And for some of you you're struggling, you just don't want to accept it.
Um, cause I can't, I can't prove it to you by saying, okay, here's the proof of it.
And here's, here's the, here's the programmer of it.
And this is where it's centralized and it says where it's located
and here's the people that work on it when there's issues with it.
I can't do any of those things.
Okay.
I can only tell you by showing you evidences of it before the fact and why
it's going to do what it does in price.
My only testimony to it is if it didn't exist, there's no justification for
me to be able to do the things I do in the chart, the levels I call, the
things that we outlined before, the fact, all those things come by way of my
understanding of what that algorithm does.
And because it repeats itself over and over and over again, to me, that would be
enough to convince me, but maybe I'm just, you know, You too, too gullible, I guess.
But nonetheless, when we have our study on a daily timeframe, when
we involve IPTA data ranges, okay.
Let's pull up our
dividers here.
Now.
It's just going to show each month.
Each vertical line is a new month.
Okay.
And what we're going to do is we're going to show a range.
Okay.
Now this is 60 spaces over, or basically approximately 60 trading days.
Now I don't attribute anything to Sundays.
I just think Sundays is a partial day.
I used to make a lot of case about Sundays being, uh, you know, a relevant
thing because I wanted to trade every day and Sunday sometimes gave us a gap.
And then you, that would give me the catapult and all those patterns that we
talked about when we were on baby pips.
I'm not so concerned about Sundays anymore.
In fact, I wish they didn't even exist.
I wish they would just start trading on Mondays and not have a
weekend day, but it is what it is.
And some brokers and some platforms are going to have it.
And some of them aren't.
And like I said, that's one of the other reasons why as a mentor, I
wish they didn't have it because it creates so many email questions
that I just will answer here.
You know, just disregard Sunday, you know, pretend it doesn't exist.
You know, just focus on Monday.
There's going to be times where Sunday is going to have an influence,
but it's so rare and any worth it worth, even considering it.
We have a range of 60 days in here.
Okay.
And what we do is at the beginning of January, which is right in here,
the maximum data range is 60 trading days that we look back to the look
back period is seen right there.
Okay.
So now at the beginning of January, as we began a new month, what
we do is we go back and say, okay, what's the furthest back.
We would look back for, for liquidity.
We looked back 60 days.
Okay.
60 days gives us this range here.
So I'm going to add a vertical line and the vertical line here, the
lanes, the, the market far, as far as we go back in time and I'm gonna
take the other vertical stuff off, it kind of clears it up a little bit.
The, the up-to-date arrange.
We'll look back about 60 trading days and it'll define the range based on that.
So what we've already done is we have now a new trading range.
We have the highest high was here because this trading day here is January.
This trading day here is December.
So we don't have this yet, but looking back, we would go back this far.
Okay.
So this is the highest high during this whole time before January
starts, and this is the lowest low.
Okay.
So we have a range right there.
So 60 days back, this is the low, and this is the high.
So this is where the buy-side liquidity is on that range.
And this is where the Southside side liquidity is on that range.
Okay.
We also have.
40 days back.
Okay.
Now you're probably saying, well, why am I worried about the 40 days
if we encapsulate the whole 60 days?
Doesn't I do the whole thing?
No, because I want to show you the difference in why it's
important to have a 40 day range.
Look back as well.
We have this range here.
Okay.
So from this point of this high and we have the lowest low would be on this
actual candle, this candle is low.
So we're have to look at that by moving it over and move it over a little bit here.
Okay.
So we have a new range here,
right there.
There you go.
So we have a low here and we still have that same high here.
This is a low inside of that range.
So from looking back before January starts, as soon as December last trading
day occurs and closes, we can immediately go into looking at IFTA and defining
where the liquidity pools are and where the large institutional draw price.
This is the low on the 40 day range.
And this is the high below these lows in here.
Sell-side liquidity where we're actually identifying right now.
Why I use this level here?
Why I told you it was going to go in the best level, because I used, if does 40
day look back and it gives us this here.
Okay.
Now, would we consider this.
Even though it's in the range, looking back 40 days, would this high
be considered and I'm going to ask rhetorical, I'm not looking at questions.
I'm just going to assume that you're all nodding your head.
Yes or no.
Okay.
The question is, would you consider this high for APTA?
No, because it's already traded above it.
So there's no liquidity here.
Now.
It's already been, it's been absorbed.
We're looking for highs and lows.
Now this is the low end of the 40 day range.
Cause looking back, this is the 40 day marker right there.
So that candles low is the low end.
And then we have this low in here.
So we have sell side liquidity at that low, which is also
not surprisingly an old high.
See how they line up.
There's you're going to see this a whole lot of overlapping that
you never noticed in the charts.
By doing this, you have a sell-side liquidity resting below these loads here.
You can use the Wix, but we like to use the body since that's the
bulk of the volume and in the high.
The next range is the 20.
Didn't want to do that.
And what I'm doing, I'm drawing at see that 26 25, 24, 23, 22, 21 20.
And that's a 20 day range looking back that takes us right back down
to that same area here so that we have this low and nothing's
changed on the sell side liquidity.
So we have this on the 60, 40, and 20 huge liquidity pool wrestling right there.
Okay.
So on the sell side liquidity, that's why I've told you the sell
side liquidity is right there.
It hasn't been gyrating and moving all around.
It's staying right there the whole entire month.
We've been looking at this particular level right there, the
same high as maintained as well.
So the buy-side liquidity this entire month, has it been reached in.
No, it has not.
But inside this 20 day range, there's also with this low of the low, we have
this low in here and we have this low, when it was created, which went below this
one, we have this low, we have this low.
Now think about what it's telling you every single time.
Okay.
This is what we saw here.
A rate there that's the range that you would have the 60, 40, and then you
have the 20, which would be rate there.
So you're looking back to see where the stops are on the
buy-side and sell-side okay.
That's just for liquidity pools.
You're also doing it for fair value ranges.
In other words, going back into previous order blocks, whether
people wish or bearish, but you have to have a range that.
For instance, we have this, this is the last trading day of December.
Okay.
And we haven't started trading January yet, so you're looking back 20 days.
Where's the range.
Okay.
We have this low and we have the defined high here.
Okay.
So I'm going to take these little boxes off because I'm not sure
if it's distracting you, but it's sure as heck distracting me.
I want to make sure I can see the price let's take.
I don't want to take the line off, take that off and take this off
and this off, not that Michael.
And by having that cleaned up.
So this is the 60 day.
I'll add some graphics on the recording.
This is a 60 day.
Look back.
This is the 40 days, uh, look back.
And this is a 20 look back.
We had the low.
Okay.
And we have the high here.
So buy-side liquidity is up here and sell-side is, as it's been
noted all month for January.
So buy-side liquidity.
We have 1, 2, 3 times to try to get up there by stocks.
We'll be resting above that.
But between this low and this high, what ranges exist?
Well, I have two of them.
We have this range here where it expanded up.
So this is a down candle rate for the up move.
So this is what, this is a bull or block.
Okay.
So there's a bullshitter block right there.
Okay.
Price comes down and hits it.
Is there a response a little bit?
Here's the response?
It goes to the buy-side liquidity.
Okay.
So it hit an area of institutional order flow bullets or block inside of the
range inside of the last 20 trading days.
So if there's going to look here, here's the air Archy and all this,
you want to look back in the last 20 days, regardless of what day it is.
I'm just using the beginning of January to frame.
You can start by looking at a market structure shift, okay.
Or a quarterly shift find that most recent one in the last three months, you
can start there or you can start at the beginning of the current month you're in.
Or if you're in the middle of the month, you want to go back
to the previous full month.
You can start there by doing this.
They will automatically put you in sync.
You can't mess it up because the range is 60 days.
Looking back, it's going to force you to a range of a high in the low.
And invariably, it's going to show you where the liquidity pools are.
All it's doing is giving you a mindset or framework to work within looking
at how you should go into price, studying where liquidity pools, a
fair value gaps and, uh, order blocks.
What, which one you should be focusing on right now by doing that,
you'll see that it's very system.
It continuously gyrates back and forth in these ranges, excuse me.
So last 60 days, that's the majority of all the working
ranges you're going to work with.
You don't have to go farther than that many times.
And now if this occurs where you blow out the buy stops and or the sell stocks
had been blown out, the highest highs and the lowest loan last 60 trading
days, if they've both been violated and are back in the middle of range, then
you just start looking at the ranges on the 40 and a 20, but you still have
to identify what the highest highs and lowest low past or to the left of the 60
days would be because that's going to be the new open float range where the, the
larger liquidity pools will be resting.
And it's usually going to be able to find that one, a weekly chart.
And we'll talk more about that.
Uh, you know, when we get into the discussion on that timeframe, but for
here, I want you to look at here's 20 days back, this is an oral block.
It hits it, and there's a response and goes right to the buy stops.
Okay.
So now you have another new, a new range here.
So this can't be.
It's this now.
So this is your high and your low is down here,
right there.
Okay.
So you're, if the data range is here for 20 days for 40 days, okay.
It's this low down here
and still this high.
So what you're doing every single trading day, you're looking and
see where is price being drawn?
So now we have a higher high up here with this high formed with all these lows in
here, we have now new swing low here.
So inside the last 20 days, we have sell side liquidity at below this low sell side
liquidity below this low in a larger sell side liquidity pool resting rate in here.
Watch each day as it forms.
Now it closes in the.
Here by side.
Liquidity is up here still south of liquidity below this low, below
this low sell side liquidity, and again, self liquidity below here.
It goes and takes a sell side liquidity out.
Now, once this has been taken out on this candle here, there's a little
bit of responsiveness right there.
Boom.
It hits it.
Is it going to draw for the buy-side liquidity or is it going to continue
for the sell-side liquidity?
It's in consolidation.
It goes up, closes in this little range, which we talked about
what it's a gap in other words.
Okay.
So looking back each trading day, each trading day, all of these ranges.
Okay.
Looking back, they move dynamically forward every single new trading day.
That's why you want to use like a rectangle because you can just keep
dragging an Uber one and looking back.
And all you're really doing is looking back at the last 60 trading.
And defining where the high and low is you looking for any ranges
in those last 60 trading days.
That means a rally out like this, where it creates a void where only buy-side
the delivery on price has been made.
Then you find a down candle.
That's the one they're going to look to recapitalize.
You see it here, even though it was a smaller responsiveness
on the part of a few days, it still was a nice bounce in there.
It created a gap in here.
Price came down, clued cleared out the sell side liquidity here, and then rally
here just to close in this little gap between these two candles here, because
there was no buy-side delivery and there was no green candles, nothing there.
It only opened this candle here and traded down.
So nothing was offered on the upside.
So price came up and create that gap closure and then sold off.
We saw consolidation, but now look, it takes out the sell
side liquidity here and here.
So what is it?
What's the algorithm telling you it wants to do, is it showing you
that it wants to go higher or is it.
It's only interested in cell side.
So that means what they're engineering a book that's heavily net short, and they're
punishing those that want to buy this.
Cause they're attacking all logical areas of where cell stops would be.
Once the cell side liquidity is taken out below this low here, we have a
buy-side liquidity pool, resting a bar here and still the larger one up here.
Now watch does price give us any indication that it
wants to go to the buy-side?
No, we have another swing low here.
What has it done?
It ran that sell side liquidity out.
It's reaching for what?
This whole entire larger south side liquidity pool that's been talked about.
All of January price.
Does what comes back up consolidates a little bit and takes out the buyers of
these cans on here, which we talked about.
We could have seen a trade back up into this order block here,
but even when we noted that it showed us no desire to get up.
I didn't get up there at all.
Rejected.
The interest of getting hired was not there.
So where's the sell side liquidity at below here and below here.
And that's what you're saying today.
So all you're doing is you're looking back 60 trading days to find out
where these liquidity pools are.
The old highs, almost where the order blocks are.
Where's the ranges.
Okay.
And you're working in that range.
You're trying not to spend too much time outside of that range and looking at
other things, keep your focus on that.
Now what's the, uh, what's the cast tour.
What's the approach to that when we have a new month, like we do here in January
and it changes color a little bit.
Okay.
So here's January.
So, what you're doing is once you have this beginning time.
Okay.
It could be, um, like you could start this on February.
Okay.
And your look back from February, go back through January, December in November and
define the highest high and lowest low.
Okay.
And that's where large fund liquidity pools are gonna be resting, large
liquidity going to be there.
So by having a range of 20 days forward, okay.
What's you're anticipating is, is you're going to anticipate a high and
a low forming in the next 20 days.
Well, here's that, that new calendar month beginning here.
And we're going to put a range of 20.
Okay.
And what this is doing is forcing you to anticipate swing highs and
swing lows that form in this 20 day period, once this occurs, it's going
to give you the anticipatory skills.
To start saying, okay, in this range, in the next 20 days, there are long-term
trend followers on a fund level that use that range to get into long-term trends.
And the perfect example is the turtle traders.
Okay.
Um, I'm not framing on that, but it's just true.
Long-term trend.
Following traders use these validations to get in sync with long-term
trends, a 20 day break higher when it's a bullish underlying market.
Long-term debt.
Very good entry point.
If you look at it, I mean, it's hard to argue with it.
The problem is, is many times the markets are not poised to go higher
and a breakout of the last 20 days, high, many times it's a false breakout
and it returns back in the middle of range or reverses all together.
We can use this insight going forward.
Once we have a delineation that begins this whole, uh, count forward, just
usually the beginning of the month.
Okay.
Once this occurs, you're going to count for.
20 trading days.
Okay.
And in that range, you're going to be focusing on where the swing highs are.
When we see a new swing high form, for instance, we had a, let me
stretch this out a little bit.
Yeah.
This is the swing high here.
We have a swing high here.
We have a swing low here and a swing low is a candle that has a low, with
a higher load through right of it.
And a higher, low to left of it.
This wouldn't look like a swing of the many of you.
It studied standard technical analysis because they tell you that
you have to have two candles to the left and two counts that are right.
And this it's probably what we've seen as a swing.
It would just be a short term, low of some kind.
But to me, the way I define it is any candle that has a lower high on
either side of it, three candles, total, that's a swing high and a swing.
Why was this the opposite one cannon with the higher load to the left
and a higher load to the right.
So we have sell side liquidity below this low, and then we have a swing high here,
which would be buy stocks of both here.
So sell stocks of well here and buy stocks.
In the next 20 days, you're going to be looking for where price reaches for that.
It trades through it here.
It takes the buy stops out.
Then it goes down for the sell stops below here.
We're still inside this next 20 trading days.
Every single time you see a swing high it's taking that swing high out and then
moving lower and running for a swing low it's occurring in the range of 20 days.
Once this occurs, okay, all you're doing is adding another 20 days to this to 40.
What's going to be discovered in your analysis is by having a period of 60
days backwards and six days forward, many times you're going to see a
quarterly market shift in that 120 days.
Period.
You won't see it or expect it unless you start studying it like this.
And you'll see it actually materialize real time.
And you'll see the mechanics of.
But the data ranges are just markers on how far to look
back for existing liquidity.
Looking forward.
20 days forward, all you're doing is identifying when there's a new
swing high, and then you swing low.
You're expecting that to be ran out and you're judging whether or
not the market wants to reach for those buy stocks or sell stocks.
And if it's still reaching from one side only predominantly, it's telling
you what the algorithm is, pricing in.
It's going to go lower.
So what does that mean?
You go back and you look at your, the look back period and said, okay, this is where
the sell side liquidity pool is here.
This is where they're going to be taking price.
You're not taking anything out on the upside, except for this one here, but
every single time a swing low is formed.
They keep running that sell, stop, pull out.
It's gone and you can't gain any new upgrades.
It's only drifting lower.
Okay.
So for me, I'll tell you what it did for me.
It allowed me to frame.
Trend it allowed.
It allowed me to understand, um, it it's easy.
It's written in books all the time, you know, higher, high, lower high, I'm sorry.
Higher high, higher, low, okay.
Price keeps making higher high price keeps making a higher, low.
Okay.
So therefore the trend should be higher, but that doesn't always occur.
It doesn't, it doesn't always occur like that.
For instance, you have a low here prices making higher highs.
They have a higher, low prices makes it higher, high and higher,
low, and it makes a higher high.
And then something happened.
What just happened?
There's a change in trend there.
And I wouldn't be able to see that as a new trader, I would be
looking for trend lines and stuff, connecting all that stuff together.
And it would be confusing for me.
And because I'm very analytical, hyper analytical, um, I had to find out
what would make this stuff be robotic.
They had to be stilted, had to be, um, Well, because I'm a computer
programmer since sixth grade, you know, was making computer programs when
I was sixth grade in my math class.
Um, I think like that, I think very binary.
And that's why I struggled with training initially because I expected it to be
on or off, you know, a one or zero.
It had to be binary.
And for me, when I saw how these orders are introduced in the marketplace, how
the markets are taken to a specific level and then taken to another level, okay.
That facilitates trade.
That means there's control.
That means there's artificial intelligence behind it.
That means there is a program.
That means there is an algorithm.
That means there is an element of stiltedness.
In other words, it's a program.
So if I know how to computer program myself, I can go in and
look for the characteristics in price that would give me the, uh,
the liquidity of the specimens.
And by looking at this, the market didn't prove randomness to me, it proved order.
There's no chaos here is ordering this, but it looks chaotic.
And when we look at price through the lens of retail things, it causes chaos.
Because many times the things that we learned in retail, it goes opposite, or it
doesn't do anything at all in the market.
Won't move.
It.
Won't bounce.
Bullishly off of a trend line.
Or when it goes below the trend line, you should be embarrassed,
but it doesn't do that.
Either.
It stay sideways, those sort of struggling points I had.
But when I started looking at these ideas with a 20, 40, and 60
range, it keeps me focused on what is the price telling me right now?
I'm not worried about six months from now.
I'm not worried about five months from now.
I'm only looking at what's happened in the last 60 trading days because
that's where the money is right now.
60 trading days, somebody with bigger, bigger pockets and more money than
me has put real trades in the market.
By knowing that we can see the market has in fact moved higher.
All we have to do is know where those loads are and they're
going to make a move on that.
The algorithm can't jump, unless you've taken a deep pegging
from the Swiss and the Euro into account, or you're doing a Brexit.
Um, they don't do these dramatic thousand point shifts.
Okay.
You, they don't do that.
The market will logically move to predetermined level.
See, now think about it in the beginning of January.
Okay.
If there is a computer program, if there is an algorithm I'm
going to just, I'm going to just, just suspend the idea from it.
I'm convinced of it.
And you're never going to tell me that it's not, but
let's assume there isn't one.
Okay.
How would we go into the marketplace and justify that even
to even consider the idea of it?
Okay.
We're a skeptic we're we're agnostic about it.
Okay.
We don't know if there is an algorithm.
Okay.
Well, logic.
If there is a computer program, how pin it know where everybody's orders is.
If there's no centralized broker or there's no central,
uh, uh, clearing house for it.
Okay.
Not every one of our orders are going into one location.
How can an algorithm find everyone's supposed to stop?
Well, it has to go back in a predefined range in a way an algorithm or program
is written in computer language.
You have to define a source of data and because data in certain, in the sense of
price, it's date and timestamp, and it's a value, it's a high and a low, and there's
data points like the open and the close.
So all it needs to do.
Is that okay?
I got to go back 60 days ago.
60 days ago is here.
What's the highest value in the last 60 days?
Well, that's easy.
It's down.
And what's the high what's, I'm sorry, this is the lowest
low in the last 60 days.
And what's the highest high in the last 60 trading days.
That's up here.
Okay.
So there's your defined range.
Now go back 40 days.
What's that going to do for the algorithm?
It's going to find all of the shorter term highs and lows.
Now, if this high is defined in the last 40 trading days, would the algorithm
see this as a high of importance?
No, because it knows by looking back in the last 40 days,
it's gone higher than that.
So there wouldn't be any Bystolic resting above that, but this
low here hasn't been violated in the last 40 or 20 trading days.
So therefore there will be liquidity resting below that, looking back, 20
trading days, the algorithms going to say, okay, what's the highest high that's here.
And what's the lowest low that's here.
What is it done?
It's overlapped two time periods, 20 and 40.
There's going to be a large liquidity pool resting.
Light bulb moment thinking ding, ding, this is your note taking section.
Okay.
When you have a period at which we're 20 and 40 and 60 show an obvious
higher, low that's where the market's going, it's going to go there.
It's almost a guarantee, a surety.
That's going to go there.
So if you have this idea and I showed it to you this entire month of September, I'm
sorry from again, September good grief.
I'm way off of my time.
I'm looking at these old months down here, the whole entire month of January.
Okay.
We're in 2017, Michael, get with it.
The low that we've identified for Southside liquidity is always in Maine.
It's been maintained at this level here.
We haven't changed our opinion about where the sell side stops are, where
the market's going to draw for the low.
And it's down here.
The reason why I picked that is what I just explained to you here.
Now.
That's wonderful, Michael.
I get that.
I can see it in this chart and it makes perfect sense to
me, but how do I use it going.
Well, once you have the range defined and say, you create a new hire high
or Nelly, uh, we've taken out these bodies, um, on these candles here,
but we didn't take out the low yet.
So this low still is the one that'll be watching.
Okay.
So 99, 46.
So we're looking for 99, 45 to 99, 44, the south side liquidity and ultimately
price may come back down to this old high back here, forces support.
Now what the algorithm will do.
Okay.
What the algorithm will do going forward.
It will always look back.
Okay.
So when you cast forward 20 trading days today, if I asked you today's
date, obviously everyone should be saying it's January 24th, 2017.
So if we were to add 20 trading days or 20 days to that date, we could all logically
go to our smartphones probably and full up with 20 days away from today's date would
be, well, the algorithm could do the same.
So, what it's doing is it's going it's casting forward 20 days.
Okay.
And it creates an artificial look back period, from that time right there.
And it'll look back through that time and said, okay, where's the high
and the low, that's this high here.
And now it's this low here from this moment here.
This is the part that's going to confuse you.
But when you start doing this on your own and doing it,
you'll see exactly what I mean.
I can't, I can't do it except for do it every single trading day.
When we get through the January content, every single trading day,
we sit down and we do analysis.
I will give you every, if the data range for the 20 to 40 and 60, and why I say
this, level's going to be a stop run.
This level is going to be the order block it's going to trade into.
See, these are the things I just don't talk about.
I just do it in my analysis, but I don't literally draw these boxes anymore because
I just know where it should be drawn from by quickly looking at their chart.
And then where am I going?
Okay.
And you'll see what I mean.
When we start doing, uh, February analysis on a daily, we'll be
going in here and every day we'll be back into a daily session.
So that way you advise that have gone through withdrawal and you can only
take so much of this Tuesday, Thursday, live stuff you want to know on a Monday
through Friday, again, that's what we'd start doing again in February.
So we you'll see that if the data range is being applied to every
single trading day, you'll know what I'm doing, why I'm doing it.
They don't make a lot more sense to you, but the cast forward, uh,
the benefit to that is number one, you have a predetermined where the
20 day is and you look back, okay.
And as you, as you would look back, you're going to see that
this high is where the stops are.
This stuff, this high here's, where the stops are.
And then you have the little low here to low here and the low here.
Now this is going to be dynamic.
It doesn't stay static on your chart.
So every time you have a new hire high or a lower low inside of the
last 60 trading days, or the last 40 trading days, or the last 20
trading days, the data range changes.
It shifts just a little bit.
That part is the confusion part.
And when I looked at the, um, the delivery of that, uh, teaching, that's
the part that is missing that even when I watched, I said, well, that
doesn't, it doesn't answer it for me.
Cause I was watching this for the first time.
It wouldn't make sense to me either.
So I understand why the confusion is there.
So you're not mad.
Okay.
You're probably mad cause you didn't get it, but you're not insane.
Okay.
It's because I didn't, I didn't do it an adequate job of describing it, but
basically all you're doing is you're.
Um, in the old days when we didn't have computer programs and charting
software, like we have here, we literally used to have to circle
showing highs and swing lows.
We call them ring highs and right.
When this was done, you would know where the, uh, the market structure would be.
And you would also see where the stops are.
Um, this is like a, uh, a version of that just with, on steroids, because
it's building logic behind the fact that the market's going to draw to these
levels to, uh, to facilitate trade.
Now, think about it.
If the market is controlled by the central bank there, they're
setting the price every single day.
Uh, they're moving price up.
They're moving price down and long-term interest rates are
drawing price to a specific level.
Value-wise fundamentally, but who's in control of the interest
rates, essential banks, so that everything is controlled by them.
Okay.
The data in and the output it's controlled by the central bank.
So if they are in control of every facet of the information that we use to
make decisions, to trade with, remove all the other stuff and just focus on.
Where would it make sense for them to go with price?
Where's the majority of the interest that right now it's below this low,
nothing of interest only upside up here.
They've already priced in a rejection on this high.
They've already went above this high here.
Every swing low has been violated, and there's nothing down here for support.
There's no support down here, but there are orders below that low
because they see that as a cell.
Uh, it's a self fulfilling prophecy that this is a, a doji of some kind.
Okay.
Um, and therefore it's was rejection.
So therefore this shouldn't be traded again, but that's where all of the
Southside liquidity is below this low.
And then we have all this movement down here taking us down into too low, these
candles here, but that's way back.
This is outside of the, if the data range, cause we, cause we've shifted forward.
We're over here to this delineation for 60 days back is no longer valid.
It has to be used from today's date because we've
made, we made a new low here.
We've made a new low inside this 20 day range.
We keep making lower lows.
And so we have to keep looking back.
If you just have a range of 60 days looking back and determining where the
highs and the lows are, whether they're short-term or long-term you'll know where
the sell stops are and the buy stops are.
And you'll also your, I will jump right to where those ranges are for
the fair value trades for four blocks.
Like this range here, when it moved lower, it's going to come right
back up and close that in price is going to be efficiently delivered.
Whether you like it or not, it's going to happen, whether
we're prepared for it or not.
Whether we see it coming or not, until you start knowing things
like this, you won't think.
Like an algorithm.
You won't think like efficient market delivery for price.
You won't think about that.
You're going to be thinking about patterns.
You're gonna be thinking about signals and entry techniques and
order blocks for the sake of disorder blocks up close or down closes.
And that's not the answer.
The answer is the scene where they want to take price because there's going to
be trades made below that low right now.
It's just hovering below it.
Okay.
There's going to be trades.
If it gets up to this level here, their logical areas were resting.
Pending orders would be right now by taking price to that level of bear.
What would it, what would it do?
It doesn't make any sense to go from where we're at now to there.
It doesn't make any sense.
Can it do it?
Yes, but it doesn't make logical sense right now.
It makes logical sense where to come down and blow out this low.
It does make sense to do that because it's already shown an unwillingness to go home.
We went below the bodies of these candles, but it's left this WIC now,
everyone in, uh, in the room just for only make sure you guys are awake.
What is your low, what is your low on, uh, December 8th, 2016.
What's your quote?
Low for the dollar index?
I didn't think about this before I asked.
I tell everybody use.
Before actually LTD platform because of the dollar index, you're all
giving me the same quote, low on got, um, I, this would've been a Euro.
It would have been something different.
Nonetheless, the point is, is you'll see that the low, if we looked at the high on
Euro, it'll probably be much different.
But when we look at the range is like this, all you're really doing is looking
for Ohio's and all those old areas of where the ranges have been created.
Like this run up in price here that created a little bit of a liquidity
void price comes back, draws back down into it, rallies again, it creates a,
uh, liquidity void here runs up prices only to be delivered on the upside.
This or becomes valid.
See a lot of folks get they, they don't know what order blocks.
They don't know how to map out and define in order block.
They don't know what a fair value gap is.
They don't know what, uh, what old, lower, old high, the stops
are gonna be, uh, placed above or below and what they would be rating.
And when you think like, like we're defining here, it helps provide
the framework for you to get it.
And it's only by you looking at it and seeing it and making notations.
And yes, that means sometimes your expectation is going to be opposite of
what you see happening in price, but it will give you immediate feedback.
That's the point of this whole lesson in, in January seeing it happening.
And as we do it live going forward every single trading day in every single month
remaining in the mentorship, you'll know why I'm logically saying that this
is where the sell side liquidity is.
And that's why I think it's going to go here.
It won't make sense.
Sometimes when I'm talking about it, you'll have all these ideas
that the trend lines are this, or the moving average is just showing
you this or Elliot way to say.
Th the Z wave of, you know, whatever, whatever you want to attribute to it.
Okay.
The byline is, is it's based on the money.
Okay.
It's based on the money and by you having this exposure, every single trading day
in the form of me telling you where the liquidity is, and you making a dations
on your own chart, referring to it every single day, you are teaching yourself
to trust what you're seeing in price.
And it will repeat itself over and over and over again.
You'll know where liquidity pools resting above and below the
marketplace define the current range.
Okay?
And by looking at the characteristics that each trading day, what it's doing,
it's telling you what it's going to do.
It's going where it's most likely to being drawn.
There's more money below this low than there is above this high.
Think about it.
What's going on since.
Nah, I get to talk about the month I was talking earlier,
if by mistake, what happened?
What has happened in the dollar since September, 2016?
I mean, it's pretty obvious.
I mean, the market's gone, what?
It's gone higher.
There's so much money in the dollar being long right now, versus how many people are
trying to be short dollar now drain it.
There's somebody that's sold highs in a dollar period.
Somebody short, clearly the market's been repriced, lower someone up here
short, but what ratio do you believe has the majority of existing orders?
Would it be those long holders since September, or would
it be the short holders?
Just from the beginning of January, how much money is in the market right now?
On what side?
The long holders have, clearly there's much more money, actual
money, real trades in the marketplace on the long side of the.
So if the algorithm is going to be seeking liquidity and it's already
shown a willingness to go lower.
So that means who's low.
Who's short right now,
the banks, the banks have a net short book right now they're making money.
Otherwise they wouldn't, they wouldn't reprice lower.
So if they're allowing price to go lower, are they just going to take off
their profits in any oldest, you know, willingly low or any specific level,
they're going to take it where there's going to be a large pool of buyers.
Where is those buyers going to occur?
I'm sorry.
I'm not saying
they have to cover their position.
They have to cover their shorts rather, and they have to do it
from a large pool of sellers.
Okay.
And that's going to come in the form of these cell stops.
So if we know that the market's been trading higher, clearly it's obvious.
Okay.
And that's why it's important to work on these hard timeframes
because these long-term moves and he's large liquidity pools.
They move price around.
They're not real close, like a 15 minute chart where you can move.
You can jump around 20 pips, you know, multiple times in the
same day and still go nowhere.
That generally doesn't happen on a daily chart.
It's usually, it's usually moving to some significant price level and usually
it's several hundred pips or more.
So if the buys and here are the longs are long, they're gonna protect
their lung position with cell stops.
So if this pool of liquidity down here in the form of cell stops,
if we can take price down to that level, the market orders, I'm sorry.
The sell orders become market was just south of market, which is exactly why and
where the smart money shorts will look.
So the sell orders become orders to sell to market, to the willing buyers
that have sold from these highs.
All we are dealing, regardless of what timeframe we're looking at, we're
looking at the exchange between one liquidity pool to the next one order
block to the next one breaker to the next one, old high to the next old low
it's a transfer of money exchanging.
Okay.
And they're just like bus stops, you know, where, uh, I, I've never, I've
only rode on a bus one time, but, uh, it, I understand the concept
that these things have set time.
They gotta be a specific bus stop location within a 10 to 15 minute time
window, I think is, I think is what they do, but they have a logical route
that they go, okay, well, when you look at the long long-term chart like this,
you can see where these stops are.
You can see it.
So if you know that there's a logical.
Okay, then that's where the price is going to go.
There's going to be passengers in here, and there's only
passengers above these highs.
And here in this high, in here, they picked up more to go short.
They picked up more to go short and ultimately taking it down to an area
where there's a big pool of, or a crowd of interest to get on the bus here.
And that's what the price has done.
It's moved to that level.
So the banks can make a book, both net long, and that short at the
same time they can hedge in the us.
We can't do that.
They've taken away our ability to do that.
A lot of people got really wealthy doing that because you can do, you can, once
you understand you just simple market structure, once you understand that
you can make all kinds of money and almost next to that, never have a loss
because you're hedging all the time.
And they'd removed that from the U S and now it's first in, first
out and you, you, you got to know.
Um, some of you guys are good with empty four indicators.
You can actually create an indicator.
That'll do this for you.
Um, I just don't know how, I don't know how to program in empty for, and there
I've never taken an interest in doing it.
Um, I only use Mt for, to teach through.
I don't, you know, I don't use this as my go-to platform, but
as a teaching medium, I do.
But if I was actually trading through empty four, I would
obviously be interested in learning empty for programming.
And I would make all kinds of, you know, uh, crutches for me to do things like
this, but it's not necessary because once you have the range, you know,
once you have a range of 20 every new trading day, if it creates a lower,
lower, higher high, you just go over like that, you keep adjusting it.
You have one chart on your platform that you would just keep it.
Okay.
And that would be the same thing with your, with your 60 day 48, 29.
Look back.
All you're doing is you're encompassing the last 60 trading days to find out
where that liquidity pools are and those liquidity pools and those order blocks
and those ranges and there's gaps that would exist in the elastic trading dates.
They are going to be traded to again, in the next 20, 40 or 60 trading days.
They're going to, so by having their them outlined in advance, okay.
You'll know where the market will logically go to next.
It's not ambiguous.
It's not guesswork.
It's.
I mean, how many times have you seen these things unfold since September?
Everything that we've outlined per not predominantly on the higher
timeframes they've come to fruition.
There's only that thing that maybe two or three times where it didn't pan
out, but the hit rates on believable.
And that's what you need to appreciate as a trader, because it gives
you that foresight to know that.
Ambiguous.
It's not randomness.
It's 100% logical.
It makes perfect sense, but it takes time to get to those.
You got to get to that point at which you trust it, and then you can see it.
So,
um, the question is, is how, how, how do you use the look
forward 40 and 60 periods?
If you keep moving your anchor, it's based on any new range high.
In other words, if you look back in the last 60 days, if that higher,
low is violated, okay, that new, higher, low adjusts for the 60 day
look back your today is the day you're looking at it right now, always
today, always today, but you have to have some basis, point to begin.
You can start with the, uh, the quarterly shift.
This is the part that you determined when you went.
And where you start from.
Cause they will all automatically get you in line.
Soon as you start doing it within three days, you'll be in sync with
what the, whatever the market's doing.
Regardless if you start 60 days ago, or if you go back in the last 30 days or
the last 40 days and find them, uh, the market structure shift that took place.
Now what's on the market, made a clear turn and reversal like we
seen here in the dollar index.
Okay.
We're using January here because we're in January and the market structure broke
down and we had a quarterly shift here.
The market has shown a willingness to break down and go lower when you do this.
Okay.
Say you started in December, you would automatically end up here you'd you
would automatically end it at this point where your higher high is seen here.
So you defined the range already with a higher high, and you just
start going forward from that point.
Your, your anchor point is always dynamically moving forward one day and
you're constantly looking forward and looking back the same amount of days
nothing's changing in that regard.
So that's what I'm saying in a couple of days, it just simply.
To where you would be natural looking.
Anyway, regardless of wherever we all started, we could literally all
start on a different calendar day.
And within three days we would all arrive at the same levels.
We all be looking at the same highs in the same lows, the same
order blocks, the same ranges.
It's not going to be different for any of us.
It's going to be the same.
Once you start going forward, the range has forced you to look at the
same low, the same high, the same bullet, shorter block, the same
bear, shorter block, the same gaps.
They would all be defined in the same data ranges within three days.
Uh, you'll never reach the move forward periods because
the start line keeps moving.
My question is how do you value?
Well, Sean, that's what I'm trying to explain to you.
The range is all you're only looking forward that day, that number of days
to anticipate new highs and new lows.
But when you get 20 days cast forward, you're going to look from
that point backwards and see, okay.
Where would you basically you're forecasting the same thing you do like
right now in the beginning of January, we can look back 60 days and we can see that
high net low, where the highest high and lowest low is when we're looking forward.
Okay.
We're looking forward to get what 20 days away from today is delineate that moment.
And then looking back in time from that moment, we're imagining we're
there in time ahead, looking back, where would the logical low and high B?
Well, if we'd done that here.
Okay, well, not here cause I already moved it away from there.
This is 20 days at this moment here.
The very first trading day of January, this is what you could have done.
This is what you start doing every single trading day.
When you do this, you'll see exactly what I mean by it.
Now we have a future level that we haven't even traded to calendar wise on this.
From this point on here, we're going to look at every swing high and every
swing low in the same manner that we do when we're looking back here.
When we do this, we are identifying where the stocks would be.
Buy stocks will be above here, sell stocks would be below here, but
then we took the lows out here.
So then cell sites would be resting below.
Here.
Then south south would be resting below here every time
it keeps making lower lows.
Okay.
This point is a forecasted reference point.
You aren't there calendar wise.
We're still not there yet.
We have a couple of days to get to this, this day here, but at
this moment here 20 days forward.
But that moment we start looking at every single swing high and swing
low, because that's exactly when we get to this calendar day here,
if there's going to be doing that.
So while I'm trying to teach you is you're going to anticipate where
future stop rates are going up.
That's the benefit of doing this.
It's not a trade.
You're going to trade on a look back part to teach yourself the
importance of how the IPTA algorithm trades and moves price around.
That's what to look back.
I'm sorry to look.
Um, the cast forward portion of it is that's what you're doing with that.
It's that you're not trading on this.
You're learning anticipatory price skills by this side of it by casting
for 20 days, 40 days and 60 days in that moment to here, like 20 days forward
from the beginning of January, you're going to look back over that period of
20 days and you're going to see Shannon.
She made a swing high.
The algorithm is going to see that at this moment here.
So when we start trading here, the market is going to want to seek this swing high.
It's going to want to seek this swing pie because there's gonna be
buying stocks resting above that.
Okay.
So the cast forward has no benefits.
Okay.
Just so in simple terms, the cast four of 20, 40, and 60 does not give you
some secret higher, low formed, okay.
Or an entry technique.
It's not an entry technique.
It's to practice anticipating just like the algorithm would do the highs
and the lows and the order blocks that would exist in that 20 day period.
When we get to this point here, you'll be able to see how those
reference points at that time or later will be used for price action.
Just like when we look back here, 60, 40, and 20.
Does that make sense now?
Okay.
Shawn saying, he's got it now I'll probably come to you about 30.
More of you
it'll make up.
Trust me.
It'll make a whole lot more sense when you see me actually doing it every single day,
just know that the cast forward portion.
There's a lot of people were actually sending me emails saying, okay, I
did this and it gave me the acts act high, and I'm going to do this, uh,
next week on the New Zealand dollar.
And I'm going to nail down the low or I'm in the alumni.
And that's not what it's for.
You're anticipating that the, the high and the low that forms from
that point on, you're going to see how that eventually becomes a
reference point for the algorithm.
Okay.
And it's only the cast forward is only a form of future study.
That's all it is.
It doesn't build any advantage to your trading whatsoever, but the look back
period, that is all executable levels.
That's the stuff that you actually build your trades and frame your trades on.
So when you're looking back that 60 days, 40 days and 30 days, all you're
doing is looking for where the orders are resting below the market or above the
marketplace in the form of biceps or self.
I mean that, that that's, that should be understood by now.
Everyone should know that above an old high there's bias, nothing
below an old low, their cell stops.
You're using everything in the past to frame your future trade, the cast forward
portion of the, uh, uh, the exercise and the concept I'm showing you, it's
for you to anticipate how the market will attack these highs and these lows.
Once it gets to this point here.
And once you see it, a couple of times, you'll, you'll be like,
I gotta know what it means now.
And you'll lose all this excitement because when I know what you're thinking,
you're looking at it and attributing because it's cast forward and future is,
you know what we're trying to predict.
So therefore I've given you some kind of algorithm or alchemy
that predicts the high and the low 20, 40, and 60 days on that.
And if not what this does, it's a skill.
That's arrived at, by using this reference point.
That's all it's doing, but it is beneficial when we
use the look back 60 days.
So we use the range in the last 60 days, the 40 days and 20 days, that
range is what you're trading inside of.
Remember that for folks that have been following me for a
number of years, do you remember?
I did a webinar called trading inside the range.
You remember it, anybody in here that was part of that
inside the range.
Okay.
This is the understanding of why that webinar is so good, but I didn't teach
anything in terms of the 60, 40, 80, 20.
I didn't teach anything.
I just gave you.
Where's the most recent low when where's the most recent high, did it trade up?
Well, that's your range and look, see if there's anything to buy in that range.
Or if it's been a down move, wait for the retrace back up to optimal trade entry,
and then sell it and then wait for the trade back down to the low I was on the
fence about whether I wanted to teach.
The 60, 40, and 20 in that webinar, I was, I actually had it in my notes next
to me, and I wanted to talk about it.
I said, no, I'm not going to do it.
I'm glad I didn't.
But nonetheless, when we're looking back to look back, that's executable
levels, that's definitely forecasting.
That's definitely usable information.
That's not wasted time.
That's not fluff.
It's real things.
The cast forward just know that you're doing that as a means of
studying future price action.
And like I said, when we start in February, every single trading
day, I'm going to actually applying this information.
And once you see it within a couple of days, you'll say, oh, I get it.
Now it'll make perfect sense to you.
But for right now, just focus on the lookback portion of it.
That's the, that's the, that's the money making stuff.
That's the points at which your trades are going to be framed
on tax the directional bias.
That's where everything in the future is going to go.
It's going to go based on what you see in the last 60 trading days, the last
40 trading days in the last 20 trades.
The cast forward has nothing to do with being able to pick anything except
for anticipating how they're going to run an old high or run an old well.
Okay.
So there you go.
All right, let's go over to, uh, so in summary, I'm gonna put this
little question box over here so I can get through this video.
Let me try to finish it up in 10 minutes.
The we've cleared out the bodies here.
The next logical area is this low and here, which would take us
down probably into this old high.
So we probably got a little bit more to go on a dollar, and we've already touched
these candles in here, the bodies of them.
And we rejected that.
So unless we get back above the means threshold of this down candle here,
because that's going to be a form of evaluation in here that we shouldn't
see it returned back to that 190 or 101 level that shouldn't be seen again,
if it does, then we're probably going to see, uh, you know, a run for that.
Bystolic.
So anyway, and Albert, the market's heavy.
It always wants to go lower and we're looking for lower
prices on the dollar index.
Let's go over to Euro dollar in here and we'll take a look at this
particular, uh, currency pair.
Uh, we did violate the 1 0 7 60 level.
Uh, so the buy-side liquidity has been, uh, tapped into above these bodies over
here that we had yesterday, uh, during the late New York going into Asia, you
saw it, uh, go into that range Pearson.
And then today we saw one more time just to go above yesterday's high and has not
yet moved any significant movement higher.
And it hasn't really given up much ground either.
So it's just stalling around here.
So we were inside this range, still large consolidation.
Um, I personally believe that it has more potential to go
higher based on the analysis.
I just gave him a dollar index.
Um, if it would've came down a little bit more hit this candles.
And then rejected that would've been great.
Um, you're, you're going to see that happen in your own cable.
Um, we have the bodies here, this down candle hit that
level here and then rejected.
So I certainly expect to see that 25 94 level.
Um, I can't recall where I made this comment.
I woke up this morning and it was bothering me.
I know I said the 1 25, 25 to 1 25 30 level somewhere in commentary.
Some of you guys that are really just hardliners about taking
notes, which I love you for it.
Um, I, I mentioned that level in cable, 1 25, 25 or 1 25 30.
I don't know where, when I said it, but, uh, I woke up thinking about that today.
I don't know why, but if you can tell me where I've said that.
I appreciate that, but I still think that we're going to see
25 94 to 25 95 in that area.
I could see it punched up to 1 26 big figure.
This has definitely.
Bolstering confidence in that expectation.
Cause we seen returned back to old resistance, broken now support.
So we should see some further upside.
This could be a market maker by profile on their way, uh, smart money,
reversal, cumulation, re accumulation.
We have consolidation over here.
Okay.
So we could see it run above that level.
We talked about, I think it was yesterday who wasn't.
Yes.
I know I talked about last week.
We have equal highs up here, so we could look for that move to
take us up into that 27 27 level.
So 27, 30, 27, uh, 50, uh, in that area we could see a little
bit longer-term for cable.
If we continuously see dollar erosion and dollar CAD, we closed in that
gap and then we've moved even lower.
Uh, we have mean threshold.
This down came up.
That would be the next objective.
So let's add that.
Let me do a properly.
I'll make sure I got the level in here in case it does hit it to the PIP and roll.
And then
so 31 twenties next hour.
Next downside.
Objective.
How beautiful is that, man?
I mean, really take a look at this reaction.
Okay.
And this is for you two guys that are, are on the fence about the value of
what you're seeing on a daily chart.
You know, we're spending too much time in hindsight that that's that
to me, that irks me, like, I'm gonna be honest and be real candid about
it, irks me because these are the discussions that we had before.
And when the market was down here, okay.
We're looking for the trade up into this mitigation block.
And it means threshold of the candle is exactly right to where it hit.
And we called for this level to be filled in or here it filled in that level.
You know, that's a lot of movement.
That's a lot of movement for a pair like this.
I mean, usually cat, I mean, just in recent months, it's been a lot of
volatility for this pair, but historically it's not really a volatile pair.
It's not, and it's because of the oil.
Um, uh, excitement we've seen in, in recent years, that's caused this paragraph
deal volatility, but generally before we had all that volatility in oil, um,
this is a really generally a quiet, very good bread and butter currency pair.
Not that you can't make a lot of money when it's volatile, but usually it's a
very low volatility, um, uh, paradise.
But when it gets excited, like anything else it's, it's, you know, it could
be, you know, a very, uh, explosive market, just like anything else.
But look at the daily timeframe here, folks.
I mean, really take this in.
I'm not gloating.
I'm not, I'm not trying to beat much, uh, beat my chest
or pat myself on the back here.
Um, I'm, I'm focusing on the beauty of price action in its purest state.
This is exactly what you, as a trader are looking for.
You want to be able to determine where the market has the highest
probability of going to and reacting to that's the basis of trading.
Where are we at right now?
Where can it go above us?
And where can it go up below us?
And what's direction is most likely going to go, is it going to
go up or he's going to go lower.
You have decision.
Why don't you have the decision to what level is going to go?
And once it gets to that level, should I expect more movement
in that direction for, should it consolidate and pause or should it
reverse when we have these ideas?
That's what frames the.
Some of you and some of the ones that have already left the mentorship.
We're too impatient.
They want to jump to just give me an entry.
Give me, give me a trade right now.
Cause I need to know, you know, trade.
If we can't talk about this openly and you see what I'm expecting to see
in the price on this timeframe, okay.
You've already seen enough of it in a lower timeframe on the higher timeframe.
This is where your bread and butter is made as a career trader.
This is it.
This daily timeframe.
This is it.
If we can't forecast this timeframe with any measure of consistency
or accuracy or validity, okay.
If there's a storyline that can't be outlined before the fact I said
this before I saw the mentorship, you would know right away.
If none of these things work you'll know right away, 95% of you are
still here looking at the chart.
I mean, it's behaving as outlined two levels.
I mean, think about it.
When we look at the timeframe to have a daily chart, it's a long time, you know,
Andrea sent me, uh, a little sound, clip, a little voicemail thing, and I find a way
that I can attach it to the forums off.
That was cool.
It's encouraging as a mentor to hear it.
It's, it's also encouraging for, for some of you that are here.
And when we look at a daily timeframe like this, it's easy to forget how
powerful this is, because the first thing is, when you look at it, you're
like, okay, well, this is a daily chart.
I don't want to, I don't want to trade a daily chart because
my stock needs to be too big.
And I can't make a lot of money on a daily chart because it's too slow
and my stops have to be too big.
That's all going to change in January.
There is a way to use this timeframe to, to trade without having to be
in a lower timeframe at all, and still do very, very well, just
takes a lot more time, but even.
Look at that level 38, 7 33 88.
Look at that level when we really just take that in for a moment.
What about that level stands out apart from what I teach
'cause I, I be honest.
I don't see it.
I don't see 1 30, 3, 88 of any significance.
Why that should have turned there.
I mean, classic support resistance.
There's nothing there there's nothing there.
Now, if I pour a fair, but from the high made in December down to the low
in January, I'm quite certain, it's probably going to be some 62% level.
I haven't done it.
You guys can do it on your own to see if that's right, or maybe
it's a 70.5 level, the sweet spot and the optimal trade entry.
It could be that level.
I don't know.
I don't, like I said, I don't use the.
Like I teach rather I taught and baby PIP days, it helps define
premium and discount markets.
But apart from that, there's no magic in a fib, unless we're measuring
midway points or thresholds, like we did here at mitigation block.
But look at the responsiveness of that level.
That is beautiful.
And when I see things like this, even for someone's been doing for 22 years, okay.
Real money doing it live.
And in markets where it literally hangs on whether or not you're successful or not,
where you're losing money, Jack, to be able to see this, the be able to see it,
anticipate it and understand why it should be taking place in a chart to me that
I never lose the appreciation for that.
I mean, taking trades and making money and getting stopped out and losing money
and making money and, and, and finding setups that's all of the business.
Everybody has to go through.
But even doing it for two decades, plus I'm still, it's amazing to see
how much precision is available when you understand what it is that's
taking place in the marketplace.
Why should these levels make sense?
What's the reasoning behind them.
It's not just any old candle.
It's not a pattern.
It's a logic behind it.
Why should that level be so significant?
Because everything they used that was long in here, because it goes
back to the same premise they buy.
When it's going down, smart money can not buy in up moving markets.
They distribute long positions as the markets go up.
That's that that's their hedging program.
They buy, when markets are going lower, they have to do that.
They have to buy when they have willing counterparty.
So, uh, their, their intended purpose of trading, buying, or selling.
So any down candle in your mind, you're thinking they bought there.
So if they bought there and it's traded.
Once we traded below that down candle here, anything that would
be long has to be mitigated or removed from the marketplace.
The middle of that candle is exactly that level right there.
They went right back up, took those orders that were long.
Now they ran away.
That's exactly what I taught in the free tutorials.
As it relates to mitigation blocks and understanding what
breakers do, why that takes place.
This is on a daily timeframe, not a hourly char or a 15 minute timeframe day
trading, where you expect to see position.
Cause that's what I've made my name on, but the daily chart
folks, I mean, think about that.
That's amazing to see that level of precision.
And if that doesn't get you excited about the, the, the consistency
behind what you're learning, it's not.
It's the concepts.
It's the things that I'm teaching you.
That's what you should be enamored by not the person of Michael, the fact that
these things are so consistently seen in price, and you can anticipate them.
You can anticipate the measure of accuracy, that in my opinion, can't be
seen in other disciplines there's accuracy to the point where you can be profitable.
Yes.
But nothing delivers like this.
And for, for the folks that just can't get it, you know, in
you're leaving, go ahead, leave.
I'm not worried about it.
You know, it's not my loss.
I mean, I know this stuff and the things that you learned here, and I've
already learned, they're gonna only have a lasting impression on your trading.
Even when you complete this mentorship, you're going to be able to look back
and say, man, I've learned a ton of.
And when you're able to go into the chart instantly know what
it is that you're wanting to do.
What level is the most significant level right now.
And if it's not at a level that makes sense to be working off of, and, or
it's making a way towards a level that makes more sense to you, that gives you
exactly what you've been looking for all along context framework, patients,
see if you don't know what you're waiting for, you can't be patient.
That's why everybody, that's a retail trader is impatient and they
react too fast because they don't know what they're looking for.
So you're learning a lot of you have sent me feedback this month about
the things that you've discovered by just only looking at daily chart.
And I'm so appreciative of that, because like I said, I had two guys
send me, you know, basically, you know, I'm not real happy and I hear you.
I get what you're saying.
I appreciate your feedback, but you got to take a step back and take a
look at what you're really being shown.
Because you're literally learning how to forecast the marketplace on a higher
timeframe level that gives you every form of trading discipline at your disposal.
At that moment, you know exactly what the market's going to do, and
you can frame all kinds of trades on that, all kinds of trades.
And it doesn't have to be one pair.
It could be a lot of different pairs.
Now, if we're, if we're looking at daily charts, it slows you down way down to
now, you can look at four or five currency pairs because it's slow enough for you to
build an idea and forecast and analysis for the outcome you expect the trade on,
but you can't do that realistically for trading 20 conch, a trade 20 pairs, and
you're trying to day trade, and you're not trying to find a trade like that.
Too many things to look at like a dog and a meat market.
You can't do that.
You've got, gotta refine your focus to one thing.
If you're a day trader.
If you focus your time on the daily charts like this and say, okay, I'm
at a level where the market has a real strong tendency to move lower right now.
I think it's going to go to a level like that 31 90 level.
Okay.
And I can key off of a level of some kind of intermediate resistance.
I can take a ride on that.
Go lower.
You're not going to be freaking out when it rallies.
You're hoping it does.
You're not going to be overly excited when it starts making 40 pips for you
because you know that the daily timeframe is probably going to send us down to
that 1 31 90 level and you'll wait.
And when it happens, you'll get that epiphany that, that they'll lifts.
You're like, I know exactly what I am going to do as a trader.
And I can't teach that to you.
No one else can teach it to you, but you'll do that by the process of going
through this mentorship it'll happen.
And I, I just want you to appreciate that.
Okay.
And the two guys that are here listening right now, you know, you're leaving and
I know you're leaving too, but I want you to go away with that, knowing that what
you're learning, it works and it's there.
And we've been talking about it before it happens.
So it's not hindsight when it happens, when we talk about something
and it unfolds in a chart that is not defined as hindsight, that's
foresight and appreciate that.
Okay.
Go into the charts, you know, on your own, every one of you and just literally
go through and how many things it has been outlined in, in the, uh, before
the fact, and then look at how many opportunities that presented for you,
even in a lower timeframe, take about how many opportunities are there and
go back to it only takes 30 pips a week to double your money every second.
Suddenly, when you start thinking about that.
Cause a lot of the things you have forgotten because you're so excited
about the next thing I'm teaching the next tutorial, the next day, the next
to that keep yourself rooted in the basics that it doesn't require a lot.
So now if we understand the daily chart now, here, thinking about
this, I'm going to ask for some interaction here in response.
How many of you can appreciate the ease of finding 30 pips now just in
the time and the, uh, the concepts that we've covered in January.
Now think about it from Monday's opening in London to
Friday's close, New York time.
Maybe 30 pips felt like an impossibility a year ago, or maybe six months ago, every
single week consistently finds 30 pips.
But do you think, honestly, you can't find 30 pips.
DZ.
So every single one of you, every single one of you have the
capabilities to double your money.
If you're relaxed and you allow that process to take place and
you don't overtrade how do you keep from overtrading Michael?
How do you fight the desires to go in here and break rules?
Well, you break them long enough and lose enough money.
You're going to, you're going to either make that change or
you're going to change careers
by using this timeframe.
It forces patients.
This is the breaker.
Okay.
This is the breaker of wills.
Okay.
When you trade on a daily chart, you are literally laying it out there
and saying, okay, I am not allowed to do anything less than a daily chart.
I have to do all my analysis on this.
I'm going to be honest with you.
The folks that used to sit with me on a one-on-one basis.
Okay.
This is where they say, look, you know, this isn't working.
And it's this.
That's why I'm not surprised.
I'm surprised that, you know, it's only two, but I had the same responsiveness
from the folks that were sitting with me and they said, look, I want to learn
how to trade the bond market intraday.
And you're looking at me, you're making me look at a daily chart all week long.
We're looking at this daily chart.
Yeah, you're right.
Cause that's what you need.
You need that you can't hire a mentor or pay for a coach to teach you.
And then you tell that person, no, no, I need you to teach me like this.
That's that's that's ludicrous.
I mean, if you have the expectation, you, you, that this person or this organization
knows something you don't know.
Okay.
And they are exhibiting the evidence is that they can do it before
the fact submit to that process.
If you can't do that.
And I'm going to be honest with you, I was like that.
I was like that.
I would not want to follow rules 2000 plus books.
That's all kinds of roles and I didn't want to follow.
None of them didn't want to do it.
It wasn't until I sat down and said, you know what?
I see all the intraday moves and I had a job.
I had a job.
I was filling with any machines and I had to use a hard timeframe chart like this.
And then when it made sense for me to look at these hard timeframes
like this, I saw things periodically.
It would be like I saw it.
And then I wouldn't see it anymore.
Looking at this from the, uh, the perspective of day trades
doesn't I couldn't day trade.
I was 30 13 hours a day out on the road, but I knew that once in a while,
the daily chart would give me a up.
And if I could just find a way to find that set up on the daily chart, I don't
need to be in front of the charts.
I could be.
I could be a trader.
And so we just put an order in and then wait for it to hit my order.
And then I'll trade that way.
When I discovered how price is being delivered, it made every one
of my questions in the past as a struggling trader it all, they are
all answered, answered at one time, it was a very euphoric moment.
And some of you have had that moment this month.
So far, some of you are on the verge by the things that you send
in your email, the questions you're asking, you're so close to it.
Once it happens and you see it, it will make so much sense to you you'll
know exactly what you're doing.
You'll know exactly what you're doing, and it won't be so ambiguous,
but I'm telling you the way you get that is by going through every single
trading day, looking at the charts, the things I'm outlining, I'm telling
you to watch it, see it, study it.
You need to experience it as it's moving.
When it looks like it's probably reversed.
I don't have any emotion about it.
Don't don't say, okay, it's probably reversing here.
No, wait for these candles to close on the daily chart, because this story's
not done until the candle's closed.
Then you have a new storyline the next trading day, and you watch
that transpire over the charts too.
And when you do this periodically over sample size of time, and I'm
saying, you know, about a month, okay.
About a month, you'll have it and you'll trust it.
And you'll say, you know what?
There's a lot of, there's a lot of validity to using these things.
And it's, it proves universal application.
It's not just an intraday stuff, but you can't get any better moneymaking
timeframe than a daily because that's where the banks are looking at.
The banks are on this timeframe right here all day long over the weekend.
Analysts are scouring over this timeframe.
This is the one, this is the moneymaker right here.
Cause it gives you the storyline for every possible form of.
It doesn't matter where you're at in the scope of position or, or scalping.
It doesn't make a difference.
It's all outlined on this timeframe.
And it's a beautiful thing because it doesn't require you to be in
front of it every five minutes.
Think about it.
You have all kinds of time to plan and forecast trades, but you will get there.
And when you do it, can't be taken away from you.
You can't forget it, it's there.
And it provides you a means of knowing what you're going to look for in the
marketplace, why you should expect it and what that means for you in terms
of as a trader and what opportunities are presented based on that.
And we talked about, uh, on the Aussie dollar 75 80, and this is an
interesting point I want to make here in closing the 75 80 level I outlined.
And let me show you here.
All right over here, we had a line this high, we were looking for the
market to move above this high.
And the institutional level that that represents is the 80 level to the markets.
We know that the market's like to go to the 80 level to 50 to 20 and zero levels.
And the reason why is because there's a buildup of institutional orders
that come around that level, they'd like to use those levels because it
makes it easier for them to process.
And that's why if you, if you trade on, uh, a little bit larger, um, account,
you'll see that your, your orders are a lot more efficiently processed
if you use these levels offset.
So when you can get to the point where you're trading prime broker
and you have larger account at your disposal, if you place your orders
around these levels, you'll see.
You're just going to be no problems getting filled.
They just, they're real easy to get, uh, counterparties to that.
But 75 80, that was the level we're looking for here above that high.
And I said that I didn't see much above that.
Now, if you look at anybody on YouTube that knows my order block stuff,
or was introduced to it from my tutorials, they'll say, okay, well,
look, here's that last candle here.
And, uh, you know, I'm gonna draw a line on, on that, that, that came though
right there and draw it out in time.
That's where the price of, uh, Australian dollar should go.
And I mentioned in passing, I think it was yesterday.
I think I did.
If it wasn't yesterday, I did it last week, but the, uh, this, this whole
market movement here, we had a candle cherry down here and we had the market
trade down in here and it went up and then we had this candle trade up a
little bit and intrigued down here.
So really all through this whole area.
Think about that analogy.
I use a lot with a paint roller.
If you apply paint to a roller and you get to paint the wall of
your home, let me do it like this.
You guys can keep your focus, what I'm looking at.
Okay.
This candles.
Is here.
This candle's wick is here and this candle's wick is here.
Okay.
This whole block of price in here.
Look how many times prices pass back and forth in that area?
Okay.
It, it was moved down here and then it came back up.
So price has been delivered, both sides here.
Price has been delivered on that same range here, and
it's been mostly traded here.
So that's the reason why I said that.
I don't know what would be above 75, 80, but 75 80 was the num the
number that would take us above the swing high to an institutional
level and look what's happening.
I mean, yes, we're paying, we're piercing this a little bit, little bit, little
bit, but why isn't this thing running because already fulfilled an area of the
stops and there's no void up in here.
Price has been efficiently delivered there.
You see that?
Does that make sense to you?
Anybody?
Not under.
Awesome.
Nobody's saying anything about not understanding it.
And that's the reason why I think that this is, uh, you know, one of the
elements when you forecast price, when you ask me some of you will ask, how
do you know a level's going to hold?
And it won't just keep on running.
When you see things like this and the left side of the chart,
when you see that, okay, price is really efficiently balanced there.
Think of that as like a brick wall.
There's no reason for the price of one to reach up into that.
And if it does, then it will want to go above this high, not just to this,
because even this down candle had another pass through with this WIC.
So this is all beneficially traded back and forth, both sides.
So it only made logical sense where to come up to clear up the stops
here and look what's happened.
We've been able to not really see any.
Movement above that, uh, 75, 75 E level and the foods and what I think is 76
big figure to get, did it get there?
Yes.
7,609.
So it didn't lose much beyond that.
So if you were getting out 75 80, and it went to 76 0 9, are you upset about that?
If you made 50, 60 pips?
No.
Nobody should be upset about that.
But, uh, anyway, I know I went all over the place a little bit today.
Um, the F the data ranges, uh, hopefully, uh, I've clarified the importance of
look back is more important than the cast for the cast forward is for you
to learn anticipatory price skills.
And we will spend you'll see all that stuff.
And you'll see actually being used in February, going forward every single
day and only takes a second to do it.
And that's that, that's the business on that, um, real quick Euro.
Lb hit our level to the PIP.
We had a mean threshold, uh, outlined here yesterday.
Uh, the low came in at 85 65 and the lowest level we have here, 85, 65.
So pretty neat, huh?
All right, folks.
Well, I appreciate you hanging out with me.
I had a long session today.
Um, they don't usually stay this long, but because they don't see you
live except for two times a week.
Um, we had a long one today, but anyway, um, I'm going to close this
one with your pleasant afternoon.
Uh, today, like I said, you have, uh, I have two teachings tonight
and I will get with y'all tomorrow on what lessons you'll have delete,
uh, released on a Wednesday as well.
Everything will be delivered by Friday 8:00 PM for teachings
for the January content.
And again, next Tuesday, um, before we do our live session, you'll have the
PDF notes for the month of January.
At the end of Tuesday's live session, I will be sending out the satisfactory
agreement for January's content and your wish to continue into February.
That will be signed digitally.
Even if your payment processes, your access will be denied.
If you don't sign the, uh, uh, proof of delivery and as described for January
content, until I talked to you again, folks wish good luck and good trading.
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