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Okay, welcome back.
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Folks rule.
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Think of the dollar index.
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It's the daily.
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Uh, we've been forced to look
at only daily charts this month.
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This is the last broadcast
for January, 2017.
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In the scope of a live session.
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It doesn't mean that you won't
be getting live sessions.
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It just means that we will be
back in the swing of things
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with everyday live sessions.
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So this is the first of a now
continuing until we end the mentorship,
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unless something else comes.
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We'll be with each other on a
daily basis in a live capacity.
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So I want to kind of recap some
things that took place this month.
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Uh, bring your attention to certain
things, remind you of what you
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should have gleaned this month.
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And also kind of like overall
what's transpiring today.
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Uh, first and foremost, the dollar
index, we were looking for the
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sell side, liquidity beat grand.
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Um, we had a really, really
nice showing, uh, this month on
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technicals for the dollar index.
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I mean, just about everything we
mentioned, put a dollar index week
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after week almost to the day, it
was very responsive to what we
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were expecting, um, which is very
encouraging for me as a mentor because
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you know, you get to see it over the
shoulder and it transpires in real.
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I really love the fact that, uh, we almost
got to that 101 level, um, which is, it
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means threshold of this last down candle.
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So I got a lot of questions about that.
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And again, it's wonderful to be able to
show it to you and explain why and in, see
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in a chart, it just really solidifies it.
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It's one thing to teach it in tutorials.
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It's one thing to have it
in a recording or go to.
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YouTube video, you know, years old,
two years old, but when we're able
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to meet with one another and go
over it live and tell you before it
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happens and then watch it transpire
over time, it really solidifies.
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It makes it concrete
in your understanding.
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And also it builds the excitement.
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You can't get, unless you
know, it in advance, what to
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expect and what to look for.
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And the only way we do that initially
is by learning through hindsight.
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So hindsight is absolutely beneficial.
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You need to have it, but
it's something measure.
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We have to be using these
tools going forward.
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And this entire month we've
outlined with every level should
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have an influence on price.
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And while there wasn't
a significant long-term.
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Uh, we use the daily chart to frame the
idea of what the market should be doing
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on a day by day, week by week basis.
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And pretty much it's been random and in
the form of a script, how like exactly
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everything that we were outlining
as a group, collectively, everything
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has been exactly to that script.
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If it's nice.
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So we had a sell side liquidity
aiming for this low down here.
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Now I'm not done with the
expectation of, uh, lower prices.
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I think we're still going to try to
come down to that 98 90 level, um,
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specifically the bodies of these candle.
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Now it could come down just to
the high on this candle, 99, 12.
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And that would be enough.
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To warrant some little bounce or
a consolidation, but personally
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I would be satisfied only
when it goes down to 98, 99.
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99 big figures also doable, but
let me personally, uh, to be
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efficiently returning back to a
level that makes perfect sense.
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It would be that 98 90 level, which is
the old market structure high back here.
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But to the body's not the Wix,
uh, we've already went down and
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hit the 99 46 level for today.
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The low is, uh, 99, 45.
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So we have in fact did every level
that we've outlined for the month for
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January, uh, which is beautiful timing.
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Absolutely wonderful.
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I love doing.
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And sharing it with you.
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Well, we had some expectations with
this weakness on the dollar as well.
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Uh, we, we had some things we were
watching for the Euro dollar and
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some contingencies for British
pound, which we'll cover also.
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But, uh, we had.
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Strong expectations for dollar CAD to go
down to a specific level of equal lows.
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We're going to talk about that.
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And there was uncertainty in all the
dollar after I hit our objective.
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I wasn't certain what we would do.
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I wasn't convinced that we'd sell
off too much and yes, I'm still in
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the dollar index chart in case you're
wondering, um, the, the dollar index
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with its weakness here, um, that gives
strength to buying foreign currencies.
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But.
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The Australian dollar.
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I wasn't convinced that it was going
to see much more upside because this
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didn't make sense from where it was.
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But, um, we're going to talk about the,
and a moment, but we did say that the
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Euro dollar should see another surge
above there's equal highs on the daily
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chart, which we'll look at in a minute.
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But, uh, my notes say that, uh, we
were looking for a Euro pound, uh, to
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bounce because we would expect to see
hopefully a rally in your, a dollar
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in consolidation on cable or drop.
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And let Euro dollar rally.
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And, uh, that would cause you
Euro pound the rally up and we're
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gonna look at all those things.
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So we now have all the points made,
so I can't miss anything in my notes.
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So we're going to up to the Euro dollar.
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Okay.
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You're a dollar.
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00:05:04,740 --> 00:05:06,810
We had an upside objective
at 1 0 8 big things.
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Uh, which would clear out this old
high in here, uh, whether it had room
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to continue or, or steam, if you will,
strength to continue above to get above
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that 1 0 8 70 level, you know, like I
said, I wasn't so gung ho about that.
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Uh, but I did want to see 1 0
8 big figure and it make a more
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convincing run above these equal
body candles and obviously over here.
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Uh, so if you've really just spoke, you
know, good grief tongue twisted, if you
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really focused on the day, Um, study each
week, this entire month, what it should
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have done for you is made it apparent that
if you're not watching the daily chart,
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like the banks do, okay, you're missing
the entire picture because it's too easy
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and it's going to be homework rate today.
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So pay attention.
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If you're watching TV, turn that
stuff off, even though I'm recorded.
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Write down this as a homework assignment.
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I want you now that were
completed for January.
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I want you to go down into
a 15 minute timeframe.
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Okay.
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For this, for the week, by the end of
this weekend, I want you to go through
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all the levels that we highlighted.
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And here's the thing go through
all of the daily chart references.
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Okay.
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The levels.
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How many times did these levels change
throughout the course of the month?
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So we had high timeframe levels that
would have been high draws on price.
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In other words, the liquidity is going
to be drawn into account for where
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markets should be reaching for buy
stocks or sell stocks or value everything
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we outlined on the daily charts.
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That was what was pulling price.
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I told you which ones I was looking for.
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Basically, I'm telling you without
saying it, I'm telling you the
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bias, what I was looking for.
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I want you to go into the
lower timeframes and stuff.
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How many opportunities framed
on lower timeframes like that?
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Now it doesn't mean that we're, we're
not talking about day trade yet.
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We're not talking about
anything like that.
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I just want you to look at okay.
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If I'm a position trader, could
I have really reduced the risk
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with say a 15 minute timeframe or
an hourly chart at these levels?
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And what trades framed around that?
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Did it, what kind of
institutional price swing was it?
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Was it a.
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Was it a failed failure swing.
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I want you to go through that.
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Okay.
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Because now it's going to build
on what we start teaching with
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swing trading in February.
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So we have all these things and
we're actually going to start using
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what we covered in January, and
then now implementing some lower
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timeframe ideas to reduce the risk.
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So while there's been a lot of theory
and a lot of concepts given to you
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in the course of January, We have to
actually start using all these things
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on a day by day basis and referring to
them now they won't change periodically.
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They'll be adjustments,
especially with Skipta.
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I'll be showing you each pair
what levels you should be watching
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and what makes sense in terms
of the last 20, 40, 60 days.
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So that way all the
uncertainty there is gone.
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And that starts immediately tomorrow.
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When we start doing our live
sessions, the chart will already
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have the, their data, right.
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So you'll see exactly what
it is and I'll outline it.
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And anytime it changes, you'll know
why I'm making those changes and you'll
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see how clearly and easily it's done.
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It's been over complicated by
my delivery of the content.
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And like I said, I'm human.
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I'm trying to find a way to articulate it.
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It's easy for me to say it in
my head, but it's very hard for
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me to communicate it to you.
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So the easiest way for me to
do it, every single trait.
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And that way you'll know what the
algorithm is going to reach for and why.
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Okay.
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So if you're stuck a little bit,
and when I give you the satisfaction
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agreement, you know, at the end of, uh,
this afternoon, it will be coming to
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you by way of email, the email address.
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That's on the file with PayPal.
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If you're uncertain about your
satisfaction, because of that, IPTA okay.
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Don't let that be a sticking
point because it's literally going
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to be a day by day utilization.
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00:09:01,185 --> 00:09:03,074
So you'll be seeing me talk
about every single day.
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You'll be sick of hearing it.
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It's gonna be.
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When I talk about, uh, buying below
the open and selling above the opening,
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uh, you know, with, uh, power, three
people got tired of hearing that, but
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yeah, I gotta beat it in your head.
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So once you see it you'll know it
and you'll actually have the, if the
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data ranges on your chart before you
actually sign it on the live sessions
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every day after two weeks, you'll know
exactly what you're looking for, period.
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No problem.
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So we did see our run through
on the equal body candles,
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which is what we're expecting.
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We're looking for the buy-side
rub one more time, just they did,
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they do not leave levels like.
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Or like this, it doesn't happen.
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It does not happen.
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Okay.
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Now we did have a level down
here that means threshold.
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Uh, we wanted to see price, stay above it.
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Uh, it showed a woman's appear.
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Sit here, here, and in this
one here, it did not go down.
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00:09:49,815 --> 00:09:52,305
Now here's the big takeaway, and this is
what I want you to have in your notes.
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We had the sell side liquidity
down here, and while it did
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run a short-term low out here.
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The logical that would change gears
in one direction to liquidity that
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would do that was down here, go through
the notes, go through your charts.
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00:10:07,740 --> 00:10:09,420
And you'll see that these
are the levels I had.
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It had to stay above this level here
and it never one time closed below that.
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00:10:13,770 --> 00:10:16,110
So it did not change market
structure on a daily basis.
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00:10:16,560 --> 00:10:19,500
Institutional order flow
stayed bullish as a result of.
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00:10:20,729 --> 00:10:22,890
Even though we had
short-term lows violated.
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This is because now
you're in the mentorship.
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00:10:25,110 --> 00:10:28,110
You're understanding now what,
because I used to teach market
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00:10:28,110 --> 00:10:32,099
flow and all those ideas about
how the Dermot, what the trend is.
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00:10:32,459 --> 00:10:35,370
Now we understand what the institutional
order flow, understanding where the
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00:10:35,370 --> 00:10:37,620
liquidity is on an institutional basis.
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00:10:38,040 --> 00:10:40,800
That's what changes the
tide on a daily chart.
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00:10:40,829 --> 00:10:44,610
It's not just taking out a short
term, low, it's taking out a logical
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00:10:44,610 --> 00:10:47,910
area of liquidity, because if it
runs down here that changes the
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underlying direction of the market.
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00:10:50,355 --> 00:10:52,485
Now for instance, let's say
we give up the ghost up here.
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00:10:52,665 --> 00:10:56,505
Now, once we, we, we reject that
we've cleared out this equal body area
219
00:10:56,505 --> 00:10:59,865
here, and we cleared up this equal
body here and athletes start trading.
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00:10:59,865 --> 00:11:02,185
Now, if we trade down, the here
it's over a dollar is going to
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00:11:02,185 --> 00:11:03,465
start rallying and urinating.
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00:11:04,485 --> 00:11:06,855
That's how you would know the
change in direction going to occur.
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00:11:07,155 --> 00:11:12,915
That's how you'll know when we go
through these processes, every single
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00:11:12,915 --> 00:11:15,855
trading day, and we've got the week
when we start implying more of the
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00:11:15,855 --> 00:11:19,485
content, we start getting more refined
with all the things we're looking for.
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00:11:19,964 --> 00:11:22,454
You're going to see where that
market structure shifts going to
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00:11:22,454 --> 00:11:24,194
be before it actually takes place.
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00:11:24,194 --> 00:11:25,334
You're going to know where it would be.
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That would change direction.
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00:11:27,015 --> 00:11:28,964
It won't be a surprise
when it takes place.
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00:11:29,265 --> 00:11:29,865
You're waiting.
232
00:11:30,795 --> 00:11:34,125
That's the benefit of having a timeframe
that were studied all this entire month
233
00:11:34,875 --> 00:11:36,975
and how many pips have these pairs moved?
234
00:11:37,785 --> 00:11:40,365
Hundreds of pips hundreds.
235
00:11:41,084 --> 00:11:43,395
And this is the reason why I tell
everyone at the beginning, when I first
236
00:11:43,395 --> 00:11:49,515
started teaching, if you can get very
comfortable with the idea of only making
237
00:11:49,515 --> 00:11:54,795
a small range of pips, focusing on
consistency and delivering a 6% return.
238
00:11:55,650 --> 00:11:58,140
It's an easy objective, but you'll
see quickly, you're out wrong.
239
00:11:58,170 --> 00:12:00,900
You'll you'll over do that
easily, but we're looking at
240
00:12:00,900 --> 00:12:02,010
these daily charts like this.
241
00:12:02,010 --> 00:12:04,710
You'll have plenty of opportunities
to see several hunches of tips.
242
00:12:04,710 --> 00:12:06,720
Now, how many opportunities can you get?
243
00:12:06,720 --> 00:12:10,710
30 pips out of say a range of
movement of 500 pits over a month.
244
00:12:10,920 --> 00:12:13,290
Many, you get several
opportunities to do that.
245
00:12:13,590 --> 00:12:17,670
So even though we're using the daily
timeframe, the frame longterm position,
246
00:12:17,670 --> 00:12:22,470
trade ideas, it's still communicates the
effectiveness of having opportunities
247
00:12:22,470 --> 00:12:23,880
to trade in a short term capacity.
248
00:12:24,615 --> 00:12:25,665
They trade scalp.
249
00:12:26,205 --> 00:12:30,495
And as we're going to discuss in
February swing trading, so swing
250
00:12:30,495 --> 00:12:35,355
trading is going to give us the mindset
to trade with about a month worth or
251
00:12:35,355 --> 00:12:37,935
about two weeks worth of trading time.
252
00:12:37,935 --> 00:12:41,955
So two weeks to one month in duration,
that's the type of trades that the
253
00:12:41,955 --> 00:12:43,155
swing trading model is going to be.
254
00:12:43,575 --> 00:12:44,475
It's going to be absolutely.
255
00:12:46,064 --> 00:12:48,735
Very concise about what you're doing.
256
00:12:49,035 --> 00:12:49,395
Okay.
257
00:12:49,395 --> 00:12:53,535
In regards to day by day, what you do,
what you set up, all that business, we're
258
00:12:53,535 --> 00:12:55,064
going back to two teachings per week.
259
00:12:55,064 --> 00:12:57,975
So that means that the lessons are
going to be about 90 minutes each.
260
00:12:58,454 --> 00:13:01,395
So you're going to have about three
hours worth of content teachings.
261
00:13:02,700 --> 00:13:04,560
Each week, but you only get
eight lessons this time.
262
00:13:04,560 --> 00:13:06,210
Whereas you had 18 lessons this month.
263
00:13:06,810 --> 00:13:08,160
You don't have that anymore.
264
00:13:08,340 --> 00:13:11,340
It's just, I give a lot of
content out in January to now.
265
00:13:11,340 --> 00:13:14,730
We, we refer back to this information
throughout the rest of the mentorship.
266
00:13:15,750 --> 00:13:17,910
It won't be changing your
analysis all the time.
267
00:13:17,940 --> 00:13:22,140
As you can see this entire month, we
did not deviate many times at all.
268
00:13:22,350 --> 00:13:23,610
It's I don't think we did anything.
269
00:13:23,670 --> 00:13:26,070
I don't think we changed one time
in our directional bias about.
270
00:13:27,225 --> 00:13:29,115
We stayed focused on specific levels.
271
00:13:29,415 --> 00:13:33,495
We stuck to that and we didn't change
course, and we waited for the price
272
00:13:33,495 --> 00:13:34,605
to be delivered to these levels.
273
00:13:35,325 --> 00:13:38,985
It took a great deal of time for some
of these, uh, pairs to get to them.
274
00:13:39,345 --> 00:13:43,065
But nonetheless, that's what you need
to see, because if I show you hindsight
275
00:13:43,065 --> 00:13:45,885
examples, whether it me as a mentor or
someone else, or if you read it in a
276
00:13:45,885 --> 00:13:50,925
book or watch a B Corp somewhere else,
it's easy to not appreciate the time.
277
00:13:51,840 --> 00:13:53,490
That's required for
these things to set up.
278
00:13:53,520 --> 00:13:57,000
That's the missing element many times for
you as a developing trader that's, what
279
00:13:57,000 --> 00:14:01,170
causes the impatience, because you see
a picture of what's already happened, a
280
00:14:01,170 --> 00:14:04,770
hindsight example, and you can't draw.
281
00:14:05,565 --> 00:14:09,165
And appreciation for the time that
it took for each one of these deals.
282
00:14:09,165 --> 00:14:09,885
It's easy to say, okay.
283
00:14:09,885 --> 00:14:13,425
Yeah, it takes 24 hours for these things
to pan out, but you had to go through
284
00:14:13,425 --> 00:14:17,265
that this month, you had to really go
through it and endure it and see, wow.
285
00:14:17,295 --> 00:14:17,985
It really does.
286
00:14:17,985 --> 00:14:20,925
It really does exactly what we
thought was going to happen.
287
00:14:21,405 --> 00:14:23,175
The highest probability moves.
288
00:14:23,295 --> 00:14:24,765
That's exactly what we saw price do.
289
00:14:25,425 --> 00:14:30,285
So if there's been any doubt about
the importance of this timeframe,
290
00:14:30,285 --> 00:14:32,125
hopefully we've communicate that, that.
291
00:14:33,105 --> 00:14:34,605
Wasted energy worrying about that.
292
00:14:34,635 --> 00:14:37,035
I mean, you really want to be
focusing on this timeframe because
293
00:14:37,035 --> 00:14:39,555
it's going to give you every,
every possible scenario for trade.
294
00:14:40,065 --> 00:14:42,675
So with the Euro, we have seen 1 0 8.
295
00:14:42,795 --> 00:14:44,055
We're going to be seeing today.
296
00:14:44,055 --> 00:14:47,115
If it closes above 1 0 8, which
I'd like to see it, do that.
297
00:14:47,745 --> 00:14:49,115
I don't want to see it closed below it.
298
00:14:49,295 --> 00:14:52,215
I have to see it show a really
good showing above 1 0 8.
299
00:14:52,785 --> 00:14:56,445
And if we continue with this
movement and weakness on the
300
00:14:56,445 --> 00:14:57,525
balance, take one more quick.
301
00:14:57,525 --> 00:14:58,245
Look at the dollar and day.
302
00:14:59,295 --> 00:15:02,295
Yeah, it's, it's bounced off this,
this wick in here, but I'm not
303
00:15:02,295 --> 00:15:03,615
convinced we've made a turn yet.
304
00:15:05,175 --> 00:15:07,965
Um, I would like to see a close
about 1 0 8 on your dollar.
305
00:15:07,965 --> 00:15:11,985
And then if it does that, we will be
looking to challenge this old high back
306
00:15:11,985 --> 00:15:14,805
here now in terms of SMT, divergence.
307
00:15:15,225 --> 00:15:15,615
Okay.
308
00:15:15,975 --> 00:15:16,935
Think about what we have here.
309
00:15:16,935 --> 00:15:19,725
We have, the Euro did
make it higher high here.
310
00:15:20,385 --> 00:15:25,005
It ran out the bodies, but if we fail
in here, look, what's actually going on.
311
00:15:27,505 --> 00:15:28,135
We have the low.
312
00:15:29,295 --> 00:15:30,015
Lower low,
313
00:15:33,255 --> 00:15:35,385
lower high relative to the high back here.
314
00:15:36,195 --> 00:15:38,925
So even though this looks
good, it looks strong.
315
00:15:39,945 --> 00:15:42,015
Unless we start giving evidence
says that we're going to start
316
00:15:42,015 --> 00:15:44,265
moving into that 1 0 8 70 level.
317
00:15:44,265 --> 00:15:48,975
This is maybe another wine distribution
pattern, which is only going to be
318
00:15:48,975 --> 00:15:51,105
communicated with a closing basis today.
319
00:15:51,585 --> 00:15:51,915
Okay.
320
00:15:51,915 --> 00:15:53,355
So be mindful of that.
321
00:15:53,565 --> 00:15:55,245
Let's move on over to the pound dollar.
322
00:15:56,535 --> 00:15:56,715
All right.
323
00:15:56,715 --> 00:15:57,255
So we had.
324
00:15:59,475 --> 00:16:06,795
R 1 24, 23 level or basically 1 24, 20
institutional level outlined yesterday.
325
00:16:06,855 --> 00:16:10,155
Um, I said that we were probably going
to most likely want to come back down to
326
00:16:10,155 --> 00:16:14,475
that this high in here, and maybe if it
needs a wick through it to get down to
327
00:16:14,475 --> 00:16:19,785
these bodies over here, uh, the 1 24, 23
levels, what was mapped out on our charts.
328
00:16:19,785 --> 00:16:22,755
So you can find that
still on our January con.
329
00:16:23,880 --> 00:16:28,530
For Monday's delivery and the chart
index price came down, hit that level
330
00:16:28,530 --> 00:16:31,920
went down to, I think, 13, if I'm not
mistaken, let's see what the low is.
331
00:16:32,790 --> 00:16:32,940
Yeah.
332
00:16:32,970 --> 00:16:33,780
24 13.
333
00:16:33,780 --> 00:16:35,250
So it only went 10 pips below.
334
00:16:35,370 --> 00:16:37,140
Now think about that, but
this is a daily chart.
335
00:16:37,680 --> 00:16:38,910
There was only 10.
336
00:16:40,125 --> 00:16:43,845
Deviation from the level we were
identifying, that was where this X was
337
00:16:43,875 --> 00:16:47,415
marking price would come back down there
and it would need to come to that level
338
00:16:47,445 --> 00:16:49,425
before it want to see a further upside.
339
00:16:49,845 --> 00:16:53,325
Again, the draw and price
is the buy stops up here.
340
00:16:54,105 --> 00:16:56,595
That's what we're, that's what
we're focusing on longer term,
341
00:16:56,805 --> 00:16:57,645
because we're looking at daily.
342
00:16:58,905 --> 00:17:01,665
We're not looking at a 15 minute, five
minute chart where this is ultimately a
343
00:17:01,665 --> 00:17:04,125
skatey pit decline and an 80 pit rally.
344
00:17:04,185 --> 00:17:04,545
Okay.
345
00:17:04,575 --> 00:17:05,625
Easily intimidate.
346
00:17:05,865 --> 00:17:06,075
Okay.
347
00:17:06,075 --> 00:17:09,345
If you look at day trading
models, very easy to do that.
348
00:17:09,555 --> 00:17:12,105
Intraday we saw where price was.
349
00:17:13,005 --> 00:17:16,455
We came down here, nice 70 pit move,
and you can easily get a hundred
350
00:17:16,455 --> 00:17:17,715
pips on the upside from that.
351
00:17:17,775 --> 00:17:19,185
So it's not an issue of.
352
00:17:21,060 --> 00:17:24,899
Finding opportunities, just plenty of
opportunities, but you need to be able
353
00:17:24,899 --> 00:17:29,340
to determine, and hopefully this month
has helped in this regard to see, okay,
354
00:17:29,340 --> 00:17:30,750
what type of trader do I want to be?
355
00:17:31,200 --> 00:17:34,139
And how often do really
high quality setups form?
356
00:17:34,379 --> 00:17:35,490
That's the importance?
357
00:17:36,000 --> 00:17:39,480
Because once you understand that
really you only get like one,
358
00:17:40,410 --> 00:17:45,060
generally two at most, really good
solid high probability trades per.
359
00:17:46,425 --> 00:17:48,705
And that means like, everything
is loaded in your favor.
360
00:17:48,975 --> 00:17:52,304
It needs to be like traded as
soon as it hits that level.
361
00:17:52,304 --> 00:17:54,794
And you need to be in there and
doing it when you miss that level.
362
00:17:54,794 --> 00:17:56,864
And these are the levels we talk
about on a daily chart in case you're
363
00:17:56,864 --> 00:18:00,824
missing that the things that we talk
about on this timeframe, look at the
364
00:18:00,824 --> 00:18:05,385
responsiveness and price or look where
price has been drawn to those levels.
365
00:18:06,344 --> 00:18:08,895
How many pips has that
offered in terms of running.
366
00:18:10,035 --> 00:18:14,355
And by having that, reducing that down
into like an hourly chart or a 15 minute
367
00:18:14,355 --> 00:18:17,655
timeframe, even though you are not a
day trader, and maybe you're not going
368
00:18:17,655 --> 00:18:22,365
to be able to, uh, you use intraday
charts, but guess what you can do on a
369
00:18:22,365 --> 00:18:26,435
daily basis, you can go in and see what
the intraday price action was for you.
370
00:18:27,435 --> 00:18:32,085
And see where that most recent
intraday high was or low was for 16
371
00:18:32,175 --> 00:18:34,655
hour on six, 60 degree, 60 minutes.
372
00:18:34,665 --> 00:18:38,055
Art was, and you can use
that for entry techniques.
373
00:18:38,055 --> 00:18:42,254
As we teach you more refined, lower
timeframe entries, and lower timeframe,
374
00:18:42,555 --> 00:18:46,725
uh, disciplines and trading scalping
day trading, and short-term trading.
375
00:18:46,965 --> 00:18:49,545
You'll be able to use all those
ideas in concert with what we've
376
00:18:49,605 --> 00:18:54,165
outlined on this month of content in
January using these big timeframe.
377
00:18:54,855 --> 00:18:58,635
But the only see 10 pips deviation
already taught many times.
378
00:18:58,635 --> 00:19:04,005
And this is in the free tutorials back in
2010, I taught that allowing up to 15 pips
379
00:19:04,335 --> 00:19:09,585
is a normal deviation for, um, a level.
380
00:19:09,735 --> 00:19:13,665
In other words, if you expect, like
for instance, uh, 1 24 big figure.
381
00:19:13,995 --> 00:19:14,445
Okay.
382
00:19:14,945 --> 00:19:17,745
Know, it's not unheard of for
it to drop down to 1 23 85.
383
00:19:17,745 --> 00:19:19,005
And that to me is exciting.
384
00:19:20,070 --> 00:19:22,440
Some of, you may not accept
that, but that's reasonable.
385
00:19:22,440 --> 00:19:23,340
That's absolutely reasonable.
386
00:19:23,670 --> 00:19:26,360
So they only see 10 pips deviation
from a level of outlined on
387
00:19:26,400 --> 00:19:28,470
daily timeframe is phenomenal.
388
00:19:28,800 --> 00:19:32,520
And that's why I'm trying to
force you only to only look
389
00:19:32,520 --> 00:19:33,600
at these daily timeframes.
390
00:19:36,000 --> 00:19:40,140
I'm certain that some of you, if we
did a poll, you probably uncomfortable
391
00:19:40,170 --> 00:19:43,560
only looking at this daily timeframe
the first week or two, but now looking
392
00:19:43,560 --> 00:19:45,150
at what's transpired this entire month.
393
00:19:45,660 --> 00:19:49,590
It's hard to argue with the importance
and the power of how many opportunities
394
00:19:49,590 --> 00:19:54,180
that are framed with high probability,
the responsiveness and the draw
395
00:19:54,180 --> 00:19:57,420
and price based on the liquidity,
uh, areas that we've outlined.
396
00:19:57,960 --> 00:20:01,170
It gives you prognostication
that would otherwise escape you.
397
00:20:01,170 --> 00:20:02,760
If you were only looking
at those lower time.
398
00:20:03,615 --> 00:20:05,745
So we have a really good
example here with the cable.
399
00:20:05,955 --> 00:20:08,325
The expectation was it was going to go
down there before it wanted to go higher.
400
00:20:08,685 --> 00:20:09,585
Why did we say that?
401
00:20:09,585 --> 00:20:11,175
Because we've lost this level here.
402
00:20:11,955 --> 00:20:12,165
Okay.
403
00:20:12,165 --> 00:20:14,535
Which was outlined in all the
charts and then the videos as well.
404
00:20:14,865 --> 00:20:18,615
So the next area of downside support
would be coming back down to here.
405
00:20:19,005 --> 00:20:21,105
And then we would expect to
see some reasonable buying,
406
00:20:21,105 --> 00:20:22,695
which is indicated here so far.
407
00:20:22,695 --> 00:20:23,895
So that's good.
408
00:20:24,315 --> 00:20:29,325
Um, near term, we got 26 42 worry
with, uh, that's the near term by,
409
00:20:29,655 --> 00:20:31,125
by liquidity, but long-term by.
410
00:20:32,100 --> 00:20:32,909
Stocks are up here.
411
00:20:32,909 --> 00:20:35,010
That's what I think we're going
to most likely want to reach for.
412
00:20:35,280 --> 00:20:40,709
And again, if we get back below 24,
23 now, or 2320, if we get below that
413
00:20:40,919 --> 00:20:43,949
dam, we'll have to come a concern,
concern ourselves with the sell side
414
00:20:43,949 --> 00:20:48,149
liquidity here, but we do have two
reference points near term is below here.
415
00:20:48,149 --> 00:20:50,370
Now long-term is here.
416
00:20:50,669 --> 00:20:55,590
So we have, um, nearby sell stocks
or rate below these equal lows.
417
00:20:56,189 --> 00:20:57,840
And the next one would be down here.
418
00:20:58,740 --> 00:21:00,750
But we're focusing primarily
on the buy-side up here.
419
00:21:00,780 --> 00:21:02,760
That's what we think the
market's going to reach for.
420
00:21:02,820 --> 00:21:05,940
So therefore we're looking for that and
a continuation lower on the dollar index.
421
00:21:06,870 --> 00:21:10,680
And as a side note also, we're still
behind the curve in terms of the high
422
00:21:10,680 --> 00:21:14,639
back here, not being anywhere near over
here, but that doesn't mean it can't
423
00:21:14,639 --> 00:21:19,320
happen because we just today just hit
the, uh, the low back here so we can.
424
00:21:20,505 --> 00:21:24,555
Caught up rather quickly with a fiber
and cable to blow out their old highs.
425
00:21:25,545 --> 00:21:27,315
And that's it for cable now?
426
00:21:27,405 --> 00:21:32,745
Uh, so again, we're looking for 26 40
next upside and then 1 27, 27, clean up
427
00:21:32,745 --> 00:21:37,395
the equal bodies up here, dollar CAD.
428
00:21:37,545 --> 00:21:40,935
We had equal loads down in
here sell stock liquidity.
429
00:21:40,935 --> 00:21:41,595
That was started up.
430
00:21:43,005 --> 00:21:44,595
Um, we, a little bit of a bounce.
431
00:21:44,595 --> 00:21:47,205
I said, you know, we're, we're probably
seeing a little bit of a retracement
432
00:21:47,205 --> 00:21:51,015
before we see another spring lower,
and we saw that happen today.
433
00:21:51,045 --> 00:21:56,685
Uh, we had one 30 big figure and 1 29 20
was a little anchor point ahead over here.
434
00:21:57,660 --> 00:21:58,620
Didn't put it back on the chart.
435
00:21:58,620 --> 00:22:00,030
Refresh started the live session.
436
00:22:00,480 --> 00:22:02,700
Uh, the low comes in at 1 29 69.
437
00:22:02,700 --> 00:22:05,550
So that was done rather
handsomely, even a little bit more.
438
00:22:06,360 --> 00:22:09,480
Uh, we wanted to see 29 35
is a downside objective.
439
00:22:09,510 --> 00:22:12,510
That's still may happen, but if
you're short on Kate, uh, dollar
440
00:22:12,660 --> 00:22:15,570
Canadian today, you want to be
taking some profits in here.
441
00:22:15,660 --> 00:22:17,850
You went below this low here,
and you also went below here.
442
00:22:17,880 --> 00:22:19,440
So you don't want to see
any kind of give back.
443
00:22:20,160 --> 00:22:21,390
So take some profits.
444
00:22:21,570 --> 00:22:23,280
Don't let it turn back against you.
445
00:22:24,649 --> 00:22:29,270
And this is all the dollar now
with this price action in here.
446
00:22:29,629 --> 00:22:32,030
And because we didn't go down and get
to sell, stop liquidity, or even come
447
00:22:32,030 --> 00:22:33,379
down into the main threshold, this here.
448
00:22:34,680 --> 00:22:38,130
I suspect we're probably going to
make a run for these buys because
449
00:22:38,130 --> 00:22:40,920
actually, if we see weakness on the
dollar continue, or if dollar stays
450
00:22:40,920 --> 00:22:45,420
and consolidation, um, interest rate
alone, differential allows for this
451
00:22:45,420 --> 00:22:48,300
currency to be bought against the dollar.
452
00:22:48,300 --> 00:22:51,930
So we may want to drive
right on through, up to here.
453
00:22:51,990 --> 00:22:54,570
And the reason why this is all
delivered efficiently, this down
454
00:22:54,570 --> 00:22:57,360
candle, this down candle, this entire
range is efficiently delivered.
455
00:22:57,360 --> 00:22:59,760
So I don't think that we have to
come back to this last up candle is a
456
00:22:59,760 --> 00:23:01,620
bear shorter plot that won't stop it.
457
00:23:01,620 --> 00:23:03,090
It's going to go through
and take the bodies out.
458
00:23:03,120 --> 00:23:03,270
And the.
459
00:23:03,860 --> 00:23:07,100
So, if it's going to go higher than
here, our expectation is dollar.
460
00:23:07,340 --> 00:23:08,240
I mean, I'm sorry, all these dollars.
461
00:23:08,240 --> 00:23:12,379
It's going to go higher above this high
here, unless we lose the low in here.
462
00:23:12,440 --> 00:23:15,860
That would be a short-term catalyst,
but selfie, liquidity, still rest
463
00:23:15,860 --> 00:23:18,590
below this low here, that that
would change the direction here.
464
00:23:18,590 --> 00:23:21,860
It would get me interested if we take
out that low, but more importantly,
465
00:23:21,860 --> 00:23:25,220
if we get below this low here, that
changes the tune for Aussie dollar
466
00:23:25,220 --> 00:23:28,580
on a daily, and that would change
the direction we're looking for.
467
00:23:28,580 --> 00:23:30,440
Buy-side liquidity to be ran out,
and it's probably going to happen
468
00:23:30,440 --> 00:23:32,300
today, uh, which is just above this.
469
00:23:32,300 --> 00:23:32,660
Short-term.
470
00:23:33,689 --> 00:23:35,070
We're going to see what we see after that.
471
00:23:35,070 --> 00:23:37,169
And if we see any rejection, then
obviously we have to be paying
472
00:23:37,169 --> 00:23:38,250
close attention to this pair.
473
00:23:38,250 --> 00:23:40,439
But right now we're still looking for
higher prices are all of the dollar.
474
00:23:42,000 --> 00:23:42,750
You're a pound.
475
00:23:43,199 --> 00:23:43,439
Okay.
476
00:23:43,439 --> 00:23:44,730
We have a little bit of range in here.
477
00:23:45,000 --> 00:23:50,909
Closing last up candle was here and that
it comes in the form of the opening.
478
00:23:50,919 --> 00:23:51,899
86 35.
479
00:23:51,899 --> 00:23:55,560
Today's high comes in at 86 34.
480
00:23:55,560 --> 00:24:00,120
So we're just one short of the open, but
we did get the low on this candle with.
481
00:24:01,620 --> 00:24:02,429
86 32.
482
00:24:02,429 --> 00:24:06,090
So that closed in that, um,
really nice, really nice response.
483
00:24:06,090 --> 00:24:08,399
After taking the sell side liquidity,
Apollo, the bodies of the candles
484
00:24:08,399 --> 00:24:13,139
here, very, very handsome study, all
this price action on this candle,
485
00:24:13,320 --> 00:24:16,469
this candle on this candle on a lower
timeframe, and then compare that and
486
00:24:16,469 --> 00:24:21,419
contrast that with the hourly chart
on Euro dollar and British pound USD.
487
00:24:21,540 --> 00:24:23,070
And I think you'll find
something rather interesting.
488
00:24:23,070 --> 00:24:27,179
And I'll share that with you later this
week, once we get into the February.
489
00:24:29,395 --> 00:24:33,235
Uh, long-term liquidity still below
here on sell side-by-side liquidity
490
00:24:33,235 --> 00:24:35,574
is above, above these bodies in here.
491
00:24:35,675 --> 00:24:38,695
That's where the liquidity is in the
buy-side this disclosed in the range,
492
00:24:38,905 --> 00:24:42,024
whether we go through that or not remains
to be seen, but right now it's already
493
00:24:42,024 --> 00:24:43,645
showing a willingness to sell off.
494
00:24:44,365 --> 00:24:45,535
86 30.
495
00:24:45,685 --> 00:24:46,105
What is it?
496
00:24:46,495 --> 00:24:47,215
What was that level again?
497
00:24:47,245 --> 00:24:48,415
86 32.
498
00:24:48,745 --> 00:24:50,725
So we already closed in that
range and gave back a little bit.
499
00:24:50,725 --> 00:24:54,055
So at the time of day, eight 30
today, I mean some 10, 10:30 AM today.
500
00:24:54,475 --> 00:24:56,485
So we're in that, that profit taking hour.
501
00:24:56,785 --> 00:25:01,495
So it'd be mindful of that, but, uh,
that's the business for technicals.
502
00:25:01,495 --> 00:25:03,745
I do want to talk about
something real quick in closing.
503
00:25:05,545 --> 00:25:08,395
Um, I know some of you
are in other groups.
504
00:25:08,995 --> 00:25:09,355
Okay.
505
00:25:09,385 --> 00:25:11,965
Apart from the mentorship, like
for instance, a slack group.
506
00:25:12,265 --> 00:25:12,685
Okay.
507
00:25:13,980 --> 00:25:16,590
I want you to think about something
for a moment we're going to go
508
00:25:16,590 --> 00:25:19,080
into really high-end content.
509
00:25:19,350 --> 00:25:23,340
And when you join these groups like
slack group or anything apart, you
510
00:25:23,340 --> 00:25:26,760
go on another forum and you, you,
you joined another membership area
511
00:25:27,060 --> 00:25:28,770
where ICT memberships are talking.
512
00:25:28,800 --> 00:25:29,190
Okay.
513
00:25:29,879 --> 00:25:33,300
Um, I'm not an approval that
back's ACCE, uh, violating
514
00:25:33,300 --> 00:25:34,920
the terms of use and the NDA.
515
00:25:35,430 --> 00:25:39,480
You have to be only doing that through the
medium of the forum or my Twitter, or by
516
00:25:39,510 --> 00:25:42,870
email with me, you're not supposed to be
talking about it with any other members.
517
00:25:43,695 --> 00:25:44,085
Okay.
518
00:25:44,504 --> 00:25:48,555
So when you join these slack groups or
these forums, when you do this, you don't
519
00:25:48,555 --> 00:25:51,495
know if these folks that are there have
been kicked out, cause I've already kicked
520
00:25:51,495 --> 00:25:54,165
out two people who violating terms of use.
521
00:25:54,525 --> 00:25:56,025
And they've also some of them quit.
522
00:25:56,835 --> 00:25:58,215
You're actually helping them get free.
523
00:25:59,145 --> 00:26:01,215
And you're also battling
now non-disclosure with me.
524
00:26:01,635 --> 00:26:05,055
So from this point on, just know that
I'm already in works with getting some
525
00:26:05,055 --> 00:26:06,885
of these forums to remove my stuff.
526
00:26:07,455 --> 00:26:11,205
And some folks in here have things
posted on things they're not
527
00:26:11,205 --> 00:26:13,935
supposed to, and they're gonna
be hearing from me this week.
528
00:26:14,235 --> 00:26:17,805
So just be mindful to, if you're
doing that, you're actually
529
00:26:17,805 --> 00:26:20,445
violating non-disclosure and
you can be banned from this.
530
00:26:20,445 --> 00:26:21,645
And I do not refund your money.
531
00:26:22,095 --> 00:26:23,025
So just be aware of that.
532
00:26:23,115 --> 00:26:24,075
I'm letting you know.
533
00:26:25,635 --> 00:26:26,205
Subtly.
534
00:26:26,355 --> 00:26:26,775
Okay.
535
00:26:27,405 --> 00:26:30,765
But reminding you assertively, I will
remove you from the mentorship if you're
536
00:26:30,765 --> 00:26:34,065
doing those types of things, because
you're enabling folks that are not here
537
00:26:34,065 --> 00:26:38,855
that are not paying for it to not being
on the same restrictions and, and,
538
00:26:38,855 --> 00:26:42,495
and required, uh, nondisclosure, okay.
539
00:26:42,495 --> 00:26:44,805
Folks that have been in here
that have left, they're still
540
00:26:44,805 --> 00:26:45,765
part of that slack group.
541
00:26:46,455 --> 00:26:46,755
Okay.
542
00:26:46,755 --> 00:26:49,965
And when you talk about things and you're
sharing things, you're actually teaching.
543
00:26:51,180 --> 00:26:51,420
Okay.
544
00:26:51,420 --> 00:26:53,190
You're actually sharing
and providing the content.
545
00:26:53,460 --> 00:26:55,740
If you're in another forum and you're
talking about things and you're
546
00:26:55,740 --> 00:26:58,530
sharing ideas, if you're doing that,
you're actually contributing to other
547
00:26:58,530 --> 00:27:02,430
people, get my stuff for free and
that's theft and that will ban you.
548
00:27:02,520 --> 00:27:03,570
And then I will remove you.
549
00:27:03,570 --> 00:27:05,370
And no, I will never let you come back in.
550
00:27:05,760 --> 00:27:07,590
And yes, you can ask for
your money back all day long.
551
00:27:07,590 --> 00:27:08,340
It will be no.
552
00:27:08,670 --> 00:27:09,120
And no.
553
00:27:10,905 --> 00:27:12,525
So it just have that in mind.
554
00:27:12,555 --> 00:27:14,865
No, that I'm already aware of
certain things has been going on.
555
00:27:15,255 --> 00:27:17,865
Um, I wanted to complete
this month's content before I
556
00:27:17,865 --> 00:27:18,855
started dropping the hammer.
557
00:27:19,155 --> 00:27:22,395
But believe me, I have five people
in my sites for this month already.
558
00:27:22,815 --> 00:27:27,615
And you have today to make it right,
because if it ain't right after today,
559
00:27:28,065 --> 00:27:31,485
you're going to be this you're going to
be removed and you'll know who you are.
560
00:27:31,935 --> 00:27:34,035
And you'll see five
people fall off our list.
561
00:27:34,215 --> 00:27:36,285
Not because they quit
because I removed them.
562
00:27:37,199 --> 00:27:40,470
I meant everything I said
about confidentiality.
563
00:27:40,530 --> 00:27:45,629
I meant with the utmost sincerity
that I have every intentions of
564
00:27:45,629 --> 00:27:48,840
teaching you things you won't learn
anywhere else, but it's not for you
565
00:27:48,840 --> 00:27:50,429
to be buddies and help other people.
566
00:27:50,909 --> 00:27:53,040
Don't start your sub subscription.
567
00:27:53,250 --> 00:27:53,550
Okay.
568
00:27:53,550 --> 00:27:56,040
By saying, Hey, join me.
569
00:27:56,250 --> 00:27:57,270
Don't pay the subscription.
570
00:27:57,270 --> 00:28:00,629
I'm going to make it available to
everyone in my area of the world.
571
00:28:01,290 --> 00:28:04,439
Don't think that I won't remove you
because that will happen in 24 hours.
572
00:28:04,500 --> 00:28:05,010
Your assets.
573
00:28:06,225 --> 00:28:08,534
So on that note, I'm going to
wish you a very good afternoon.
574
00:28:09,344 --> 00:28:12,344
The recording will be up as soon as
it's done compiling, you're going
575
00:28:12,344 --> 00:28:14,504
to get a nondisclosure no more.
576
00:28:14,715 --> 00:28:17,115
That's already been done
one time every month.
577
00:28:17,145 --> 00:28:20,745
You're going to get an Adobe sign
document that you had signed digitally.
578
00:28:21,375 --> 00:28:21,554
Okay.
579
00:28:21,554 --> 00:28:23,655
They'll have your email
address through PayPal.
580
00:28:24,044 --> 00:28:24,495
Okay.
581
00:28:25,034 --> 00:28:27,615
And if you have changed your
PayPal email address in the last
582
00:28:27,615 --> 00:28:29,115
30 days, please send me an email.
583
00:28:29,264 --> 00:28:30,375
If you haven't, don't worry about sending.
584
00:28:31,185 --> 00:28:35,475
But the satisfaction agreement's going
to be emailed to you today by 6:00 PM.
585
00:28:36,405 --> 00:28:37,395
It's going to be really easy.
586
00:28:37,425 --> 00:28:39,165
You just going to sign your
name and it's going to have
587
00:28:39,165 --> 00:28:40,125
a date in your email address.
588
00:28:40,125 --> 00:28:40,845
We applied to it.
589
00:28:40,875 --> 00:28:43,995
All it's going to do is outline what
has been shown in December as content.
590
00:28:44,175 --> 00:28:46,755
You're agreeing that you did receive
it and you had access to it all
591
00:28:46,755 --> 00:28:48,525
month long and you wish to continue.
592
00:28:48,915 --> 00:28:52,145
It's as simple process, you're signing
it saying you got what you got and you
593
00:28:52,145 --> 00:28:56,355
were, it was delivered as described
and you wish to continue no more.
594
00:28:56,385 --> 00:28:57,765
Non-disclosures that's already been done.
595
00:28:57,765 --> 00:28:58,845
You're all underneath that now.
596
00:28:58,845 --> 00:29:00,285
And it stays there as long as I have.
597
00:29:00,865 --> 00:29:02,965
The inner circle, trader.com Euro.
598
00:29:02,965 --> 00:29:05,245
And I stay in business and I
don't tend to go out of business
599
00:29:05,245 --> 00:29:07,615
with that, that Euro Euro is me.
600
00:29:07,975 --> 00:29:08,965
I'm always going to hold that.
601
00:29:08,995 --> 00:29:11,905
So the non-disclosure will not
expire until I'm dead, probably.
602
00:29:11,905 --> 00:29:15,264
So just know that you're
under those guidelines.
603
00:29:15,264 --> 00:29:17,365
That's why there's no
ending on a nondisclosure.
604
00:29:17,395 --> 00:29:20,965
So if you're holding a website, if you're
in here and you're hosting a website
605
00:29:20,965 --> 00:29:23,215
and you're doing a business thing and
you think you're going to teach my
606
00:29:23,215 --> 00:29:26,905
stuff, believe me, I will Sue you and
we, you will be paying me money for it.
607
00:29:27,415 --> 00:29:27,925
I have plenty of.
608
00:29:28,725 --> 00:29:31,725
Trust me, I will make it hard
for you to be profitable and I
609
00:29:31,725 --> 00:29:32,835
can be in court all day long.
610
00:29:32,835 --> 00:29:33,435
I don't have a job.
611
00:29:33,525 --> 00:29:38,505
So with that folks have a good afternoon
and I will get with you again this
612
00:29:38,505 --> 00:29:39,975
evening by way of Twitter and on.
613
00:29:41,160 --> 00:29:45,149
And we will back again a lot
tomorrow, uh, probably, uh, 7:30 AM.
614
00:29:45,149 --> 00:29:46,680
It may change to eight o'clock.
615
00:29:46,680 --> 00:29:50,070
So just be flexible in that regard, but
we will be back again, live tomorrow for
616
00:29:50,070 --> 00:29:52,620
those individuals that are still with us.
617
00:29:52,620 --> 00:29:55,139
If you've canceled your payments, this
is the last time you were going to hear
618
00:29:55,139 --> 00:29:56,490
from me in terms of the mentorship.
619
00:29:56,730 --> 00:29:57,870
I wish you good luck and good trading.
620
00:29:57,870 --> 00:30:00,420
Keep me abreast as your
development continues.
621
00:30:00,420 --> 00:30:03,060
I know there's two folks that
have left because they're happy,
622
00:30:03,080 --> 00:30:05,310
they're satisfied and they, they
achieve what they want to achieve.
623
00:30:05,310 --> 00:30:07,710
And I said, that would probably happen
once we got through this portion of
624
00:30:07,710 --> 00:30:09,780
the content and I couldn't be any more.
625
00:30:10,379 --> 00:30:13,560
But just because you're leaving us
in the mentorship, please keep me
626
00:30:13,560 --> 00:30:14,730
abreast through your development.
627
00:30:14,730 --> 00:30:18,570
Anything you, senior development,
please let me know by way of email,
628
00:30:18,570 --> 00:30:21,659
I'm still always interested in
your, uh, and your adventures.
629
00:30:21,960 --> 00:30:24,180
And until next time I wish you
good luck and good trading.
54196
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