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These are the user uploaded subtitles that are being translated: 1 00:00:00,160 --> 00:00:05,340 I gave you some homework and the teachings for this month 2 00:00:05,400 --> 00:00:07,170 in regards to the Kiwi dollar. 3 00:00:08,550 --> 00:00:14,280 So I, I mapped out an area and let's take a look at that on 4 00:00:18,090 --> 00:00:19,530 the presentation slide. 5 00:00:27,240 --> 00:00:27,630 Okay. 6 00:00:27,730 --> 00:00:32,670 You should be able to see the presentation slide. 7 00:00:36,420 --> 00:00:36,690 Okay. 8 00:00:36,690 --> 00:00:41,610 And I asked you to go into, look at all these swing points in here and study 9 00:00:41,610 --> 00:00:50,250 them in reference to PDAs, and also what would qualify those as swing trades. 10 00:00:52,050 --> 00:00:53,940 And I left that up to you to determine. 11 00:00:54,705 --> 00:00:58,455 What was the framework that led up to those particular lows and 12 00:00:58,455 --> 00:00:59,925 subsequent price moves higher. 13 00:01:07,835 --> 00:01:07,985 Okay. 14 00:01:07,985 --> 00:01:11,585 So we're looking at the monthly chart of the New Zealand 15 00:01:11,585 --> 00:01:13,175 dollar versus the us dollar. 16 00:01:14,315 --> 00:01:16,715 And I want to take your attention to the low that was formed here. 17 00:01:18,435 --> 00:01:22,955 And the high that was formed here between the two, 18 00:01:33,585 --> 00:01:34,485 we had a range 19 00:01:40,325 --> 00:01:42,134 about 1,260 pips. 20 00:01:45,705 --> 00:01:47,205 So 1,260 pips. 21 00:01:49,275 --> 00:01:53,175 Oh, the total range for the New Zealand dollar versus the dollar a day. 22 00:01:55,155 --> 00:01:59,505 If you're not getting audio, you probably can't hear me say this, but nonetheless, 23 00:01:59,565 --> 00:02:01,965 it's just you this confirm one more time. 24 00:02:02,055 --> 00:02:03,135 I got to create edit. 25 00:02:03,135 --> 00:02:03,555 Marker. 26 00:02:04,155 --> 00:02:05,295 Audio still good for everyone. 27 00:02:05,565 --> 00:02:06,645 I just got one guy telling me. 28 00:02:06,705 --> 00:02:06,975 Okay. 29 00:02:06,975 --> 00:02:07,395 Thank you. 30 00:02:10,545 --> 00:02:17,475 So my question is, is what led the low here to this high in terms of the range. 31 00:02:17,895 --> 00:02:20,235 And since we're looking at a monthly chart, what was the, 32 00:02:21,015 --> 00:02:26,175 um, PDAs that were useful in determining that type of movement? 33 00:02:27,855 --> 00:02:33,195 And also keeping in mind what those swing points were on the chart. 34 00:02:33,195 --> 00:02:34,305 I showed you in the homework. 35 00:02:35,295 --> 00:02:36,885 So now we have that range defined. 36 00:02:38,175 --> 00:02:41,445 We have this up candle here in the monthly. 37 00:02:42,255 --> 00:02:43,545 This is a bare shoulder block. 38 00:02:43,635 --> 00:02:48,435 It was a bear shorter block because it was completely moved away from aggressively. 39 00:02:48,585 --> 00:02:49,845 And it was the last up candle. 40 00:02:50,085 --> 00:02:51,975 And all these down candles created a. 41 00:02:53,475 --> 00:02:54,705 Rain's it need to be filled in. 42 00:02:55,425 --> 00:02:59,145 So all this stuff is applicable to the monthly chart as well. 43 00:02:59,535 --> 00:03:02,175 So we have a low down here, which we're going to assume that we 44 00:03:02,175 --> 00:03:04,155 didn't even see this low form. 45 00:03:04,185 --> 00:03:08,625 Once we saw this candle trade through it, notice this down, came that once 46 00:03:08,625 --> 00:03:11,115 we traded through it, that qualifies this as a bull shoulder block. 47 00:03:11,475 --> 00:03:13,035 That's how we're going to go forward. 48 00:03:13,035 --> 00:03:15,135 We don't need to know why this low was formed. 49 00:03:15,255 --> 00:03:17,235 There's plenty of reasons why we can justify that. 50 00:03:17,625 --> 00:03:21,645 But for now, I want you to focus on just this low and the range high up here. 51 00:03:22,095 --> 00:03:28,595 This high up here is completely, uh, linked to this last off 52 00:03:28,595 --> 00:03:29,705 candle or bull shorter block. 53 00:03:29,855 --> 00:03:30,155 I'm sorry. 54 00:03:30,155 --> 00:03:33,245 Bullish candle, private download, which is bare shoulder block. 55 00:03:34,595 --> 00:03:39,285 This move here, just subsequent slide. 56 00:03:39,365 --> 00:03:43,535 And the Kiwi was a move away from this consolidation. 57 00:03:45,895 --> 00:03:47,335 We returned back to it here. 58 00:03:48,625 --> 00:03:50,635 So while price was delivered on the monthly. 59 00:03:52,315 --> 00:03:58,465 Once leaving this up candle breaking a here price was delivered on a 60 00:03:58,465 --> 00:04:01,465 downside here, here, here, and here. 61 00:04:01,885 --> 00:04:06,265 Surprise had to rebalance on the monthly to get back up to this area here, 62 00:04:06,325 --> 00:04:08,755 this low on this candle and it's open. 63 00:04:10,375 --> 00:04:14,305 So there's your PDA or reference point on the high end and the low end. 64 00:04:14,334 --> 00:04:16,135 We're going to assume that this is the old low. 65 00:04:16,435 --> 00:04:22,795 So we have to start looking for where price would look to form support levels. 66 00:04:23,065 --> 00:04:27,625 What levels would offer institutional sponsorship for buying what 67 00:04:27,625 --> 00:04:30,294 PDAs would be used in that idea? 68 00:04:30,655 --> 00:04:33,865 Well, that would be a mitigation blocks below us. 69 00:04:34,435 --> 00:04:36,385 It would be bullish breakers. 70 00:04:36,925 --> 00:04:41,215 It would be liquidity voids that need to be filled in after a rally up, it would 71 00:04:41,215 --> 00:04:43,405 be a fair value gap below market price. 72 00:04:44,005 --> 00:04:46,015 It would be a bullish or block. 73 00:04:46,645 --> 00:04:48,955 It would be a rejection block below the candles. 74 00:04:50,445 --> 00:04:55,155 And below in old, low, or add an old high there's your PDAs 75 00:04:55,155 --> 00:04:56,085 that you would be looking for? 76 00:04:56,925 --> 00:05:00,105 Well, if you start applying those to the monthly chart, you end up with something 77 00:05:00,105 --> 00:05:04,425 like this and it looks rather busy. 78 00:05:04,425 --> 00:05:04,845 I know. 79 00:05:05,175 --> 00:05:08,595 And this is the reason why I don't show all my charts all the time. 80 00:05:09,345 --> 00:05:13,035 So when we go through price action study and I refer to specific 81 00:05:13,035 --> 00:05:15,735 levels and I say, and it seems a lot of times like it's off the cuff. 82 00:05:16,365 --> 00:05:20,775 Like I like this certain level, or I like that certain level, what you're not 83 00:05:20,775 --> 00:05:24,525 seeing is I'm actually breaking down the monthly and the weekly and the daily, like 84 00:05:24,555 --> 00:05:25,965 you're going to see in this teaching here. 85 00:05:26,505 --> 00:05:30,525 So I have these levels in my notes and also have these levels in my 86 00:05:30,525 --> 00:05:32,685 charts, apart from the things I show. 87 00:05:33,645 --> 00:05:37,725 Either the live sessions, or if I show you something on like on YouTube and I 88 00:05:37,725 --> 00:05:43,065 was doing a free tutorials and sections on price action, I would keep my charts 89 00:05:43,065 --> 00:05:49,725 real clean, which I think in a way promoted the idea of confusion while 90 00:05:49,725 --> 00:05:54,825 I stayed in where I'm a free teaching, because it was hard for people to grasp 91 00:05:55,305 --> 00:05:57,045 where I was getting these levels from. 92 00:05:57,045 --> 00:05:59,115 Why was it so white? 93 00:05:59,115 --> 00:06:00,675 Why is it, why is it that level? 94 00:06:00,975 --> 00:06:03,855 You know, and sometimes it would line up with the obvious bare, shorter block or 95 00:06:03,855 --> 00:06:07,815 a bullet shorter block, or would it be an obvious higher, low, but not always. 96 00:06:08,325 --> 00:06:11,415 And the reason why is because, like I said, I didn't want 97 00:06:11,415 --> 00:06:12,405 to give the information out. 98 00:06:12,435 --> 00:06:12,735 Okay. 99 00:06:12,735 --> 00:06:15,284 So you're paying for it so you can learn it now. 100 00:06:15,645 --> 00:06:20,475 So what we do is we go through the monthly chart and we identify a low. 101 00:06:22,200 --> 00:06:24,630 And we identify a high of some sort. 102 00:06:24,630 --> 00:06:26,940 In other words, we define a premium level. 103 00:06:27,420 --> 00:06:33,600 We clearly can see and we outline or define a discount level, or basically in 104 00:06:33,600 --> 00:06:35,550 common terms, they support resistance. 105 00:06:35,580 --> 00:06:38,280 Now, the reason why I didn't say support or resistance, because it's 106 00:06:38,340 --> 00:06:43,350 too vague, nothing you're learning in this teaching or in this mentorship 107 00:06:43,380 --> 00:06:46,080 is vague supply and demand is vague. 108 00:06:46,350 --> 00:06:47,460 It gives you ranges. 109 00:06:47,820 --> 00:06:51,330 I'm going to give you specific levels exactly what the algorithm will reach 110 00:06:51,330 --> 00:06:53,610 for and why it reaches for these levels. 111 00:06:53,610 --> 00:06:54,930 We all look at zones. 112 00:06:54,930 --> 00:06:56,070 We don't look at areas. 113 00:06:56,400 --> 00:07:00,600 We look at specific price levels, price levels have to get to this level. 114 00:07:00,600 --> 00:07:04,170 If it fails to get to that level and hovers below it, where we 115 00:07:04,170 --> 00:07:05,310 wait for it to trade up to it. 116 00:07:05,970 --> 00:07:07,170 If it trades to. 117 00:07:07,995 --> 00:07:08,835 And rejects. 118 00:07:09,105 --> 00:07:11,055 We start looking below that market price. 119 00:07:11,205 --> 00:07:11,505 Okay. 120 00:07:11,505 --> 00:07:15,495 For the discount or the PDAs below par price action. 121 00:07:16,395 --> 00:07:19,185 There's nothing ambiguous about what you're learning. 122 00:07:19,395 --> 00:07:21,495 You're going to be learning specific price levels. 123 00:07:21,495 --> 00:07:24,585 As we outline this, just remind yourself constantly. 124 00:07:25,005 --> 00:07:27,465 This is not supply and demand. 125 00:07:27,555 --> 00:07:30,525 This is exactly two eight level. 126 00:07:30,974 --> 00:07:35,025 It's not an area it's not a well, if it gets up in this area, I'll look to sell. 127 00:07:35,055 --> 00:07:40,205 Where do you look to sell and supply and demand and resistance and support, which 128 00:07:40,205 --> 00:07:41,685 support resistance level do you use? 129 00:07:42,585 --> 00:07:45,164 There's all kinds of ways of defining support, resistance, 130 00:07:45,195 --> 00:07:47,895 diagnose, support, resistance, or as animal support resistance. 131 00:07:47,925 --> 00:07:49,034 Which one are you going to look at? 132 00:07:49,275 --> 00:07:52,755 An old, low and old high, which candle, if you're looking 133 00:07:52,755 --> 00:07:54,015 at specific candle patterns. 134 00:07:54,044 --> 00:07:54,255 Okay. 135 00:07:54,255 --> 00:07:56,475 For supporting resistance, which one are you doing? 136 00:07:56,865 --> 00:07:59,655 See that's that was the struggling point for me. 137 00:08:00,195 --> 00:08:00,945 And when I understand. 138 00:08:01,844 --> 00:08:06,284 What price is actually reaching for in enabled me to define 139 00:08:06,284 --> 00:08:08,025 it to specific price levels. 140 00:08:08,594 --> 00:08:11,594 So just to remind you that that's the main takeaway of this teaching today. 141 00:08:11,594 --> 00:08:12,854 So write in your notes right now. 142 00:08:13,784 --> 00:08:20,294 Main focus point today is how to determine specific price levels, not zones. 143 00:08:21,705 --> 00:08:22,724 And we're going to break that down now. 144 00:08:23,835 --> 00:08:23,984 All right. 145 00:08:23,984 --> 00:08:28,905 So we have this down candle here that was validated as a bullish order block. 146 00:08:29,534 --> 00:08:29,685 Okay. 147 00:08:29,685 --> 00:08:32,865 Now I understand this is going to be a little bit busy, but you'll have 148 00:08:32,865 --> 00:08:36,135 to endure it because there's no other way for me to do this without actually 149 00:08:36,135 --> 00:08:38,625 making a thousand different slides. 150 00:08:38,715 --> 00:08:39,105 Okay. 151 00:08:39,105 --> 00:08:43,095 And then really beating it to death, but you'll see, it's not that hard to file. 152 00:08:43,095 --> 00:08:45,105 I'm going to get rid of the green background cause we know what we're 153 00:08:45,105 --> 00:08:50,085 looking at now, the range, and we're going to start here each dotted 154 00:08:50,355 --> 00:08:52,095 vertical line or dashed vertical line. 155 00:08:52,095 --> 00:08:53,025 Let's say it like that, Michael. 156 00:08:53,385 --> 00:08:53,715 Okay. 157 00:08:53,745 --> 00:08:55,574 References a downcast. 158 00:08:56,564 --> 00:08:56,834 Okay. 159 00:08:56,834 --> 00:08:58,605 So we saw price come down here. 160 00:08:58,635 --> 00:09:02,475 We're going to assume we anticipated some measure of support, even if we 161 00:09:02,475 --> 00:09:05,925 didn't, who cares because the bottom line is, is this candle here now 162 00:09:05,954 --> 00:09:07,365 validates us as a bullet or block. 163 00:09:07,965 --> 00:09:11,355 So we have to now start thinking, okay, this down candle, it may be 164 00:09:11,355 --> 00:09:13,454 sensitive in the future for support. 165 00:09:13,995 --> 00:09:19,694 So we have to refer to this, uh, PDA in the case that it should provide support. 166 00:09:19,694 --> 00:09:22,485 If it breaks down, then we know that the trend is going to continue going lower. 167 00:09:22,814 --> 00:09:25,935 In this case, we saw price trade through it on this up handle. 168 00:09:25,944 --> 00:09:29,895 So now we have to refer to this down candle as a potential bullish PDA. 169 00:09:30,704 --> 00:09:37,785 So if we know that this is a potential bullish or block and price 170 00:09:37,814 --> 00:09:44,925 could move higher, the immediate point of decision for you is okay. 171 00:09:45,194 --> 00:09:50,295 If it is going to go higher, And if this is in fact, a bullish reference 172 00:09:50,295 --> 00:09:54,915 point or support level, where is the resistance or in a way we determine it. 173 00:09:55,035 --> 00:09:58,245 Where's the premium level that the algorithm should reach for it. 174 00:09:59,145 --> 00:10:00,405 You start looking okay. 175 00:10:00,405 --> 00:10:06,375 Going through your whole list of things above market price would be mitigation 176 00:10:06,375 --> 00:10:18,345 blocks, bears, breakers, liquidity voids, fair value gaps, bearish order box 177 00:10:19,335 --> 00:10:23,055 rejection blocks, old highs or old low. 178 00:10:25,305 --> 00:10:31,095 We have a void in price, and here we have a fair value gap in here. 179 00:10:31,095 --> 00:10:33,825 Price is only delivered in a small little section here. 180 00:10:34,305 --> 00:10:35,835 We have a bare shorter block here. 181 00:10:36,135 --> 00:10:39,045 We have the low and the opening both defined. 182 00:10:39,525 --> 00:10:39,975 Okay. 183 00:10:40,395 --> 00:10:43,155 And then we have what would be a re rejection block above the 184 00:10:43,155 --> 00:10:45,225 bodies of these candles in here. 185 00:10:45,435 --> 00:10:45,855 And then we have the. 186 00:10:47,220 --> 00:10:47,430 Okay. 187 00:10:47,430 --> 00:10:49,050 And then we have an old, low back here. 188 00:10:50,160 --> 00:10:52,530 We're not going to find every single one because it'd be a lot more 189 00:10:52,590 --> 00:10:53,939 information on here than it needs to be. 190 00:10:54,360 --> 00:10:56,970 But I'm going to show you how I take this information and I keep it 191 00:10:56,970 --> 00:11:02,040 user-friendly to me, because even with all this on here, I'm sure few you're 192 00:11:02,040 --> 00:11:03,780 saying, wow, that's a lot of levels. 193 00:11:03,780 --> 00:11:04,650 Which one do I use? 194 00:11:04,680 --> 00:11:05,100 You're going to see. 195 00:11:05,100 --> 00:11:05,730 It's very easy. 196 00:11:05,740 --> 00:11:07,980 Trust me to go through the process with me. 197 00:11:08,550 --> 00:11:12,240 So we define this down candle with a vertical line, delineating 198 00:11:12,240 --> 00:11:15,060 that now, why am I having a vertical line dash like that? 199 00:11:15,390 --> 00:11:17,340 Because when we dropped down to a lower timeframe, you need to 200 00:11:17,340 --> 00:11:21,810 know where that marker or that PDA on a hard timeframe begins. 201 00:11:22,230 --> 00:11:25,290 It will be very easy for you to be confused if you don't do this. 202 00:11:25,860 --> 00:11:29,430 In other words, if I have this level, for instance, this line here, I have it 203 00:11:29,430 --> 00:11:31,800 defined as a bullish or block on the open. 204 00:11:32,550 --> 00:11:32,940 Okay. 205 00:11:33,360 --> 00:11:35,550 What that means is this is the bullish or block. 206 00:11:36,270 --> 00:11:37,140 It's the down candle, right? 207 00:11:37,140 --> 00:11:39,660 For the up move, but it's the open of that candle. 208 00:11:40,560 --> 00:11:42,000 So I defined levels. 209 00:11:43,920 --> 00:11:46,199 No, the label monthly bullish border block. 210 00:11:46,290 --> 00:11:48,209 And I'm referencing as the open price. 211 00:11:49,650 --> 00:11:54,750 This one here, little bit thicker, says monthly bullish or block mean threshold. 212 00:11:55,380 --> 00:11:58,170 What that is is this candle here. 213 00:11:59,160 --> 00:11:59,370 Okay. 214 00:11:59,370 --> 00:12:00,360 I'm referencing this one. 215 00:12:00,600 --> 00:12:05,100 And how I know that becomes a level of a future interest. 216 00:12:05,339 --> 00:12:08,339 I have to delineate that with a vertical dash line. 217 00:12:08,520 --> 00:12:11,850 So that way everything to the right of that dash line references, 218 00:12:11,939 --> 00:12:15,630 this mean threshold to the price should be sensitive to that. 219 00:12:16,079 --> 00:12:18,990 The opening price on this candle also is this long here, the 220 00:12:18,990 --> 00:12:20,640 monthly bullish or blocks open. 221 00:12:21,240 --> 00:12:21,990 So it's this one here. 222 00:12:22,410 --> 00:12:30,180 So this candle it's open is here and this candle here is high. 223 00:12:30,420 --> 00:12:33,180 You can't see it because the vertical line, I mean, just 224 00:12:33,180 --> 00:12:34,410 scrunch it over here a little bit. 225 00:12:36,825 --> 00:12:37,755 There's that high right there. 226 00:12:38,565 --> 00:12:38,805 Okay. 227 00:12:38,805 --> 00:12:39,795 That's why I have it like that. 228 00:12:41,805 --> 00:12:44,715 Now I have it back where it needs to be so everything to the right, when we dropped 229 00:12:44,715 --> 00:12:49,035 down to a weekly and daily, everything to the right of this dash line represents 230 00:12:49,065 --> 00:12:53,415 this bullish order, block, everything to the right of this dash line represents 231 00:12:53,895 --> 00:12:58,365 a sensitivity for this bullish or block, and it's in, uh, respective, uh, levels. 232 00:12:58,845 --> 00:13:02,775 And then you have this down candle, which is delineated by a 233 00:13:02,775 --> 00:13:05,925 dashed vertical line, everything to the right of it, those levels. 234 00:13:05,925 --> 00:13:08,655 This is the mean threshold of this bullish or block. 235 00:13:09,075 --> 00:13:11,085 This is the opening price of that order block. 236 00:13:11,115 --> 00:13:13,575 And this is the high order block. 237 00:13:13,605 --> 00:13:19,455 Now, folks that don't understand or block theory, okay. 238 00:13:19,815 --> 00:13:23,955 They quickly walk away from it when they start having to deal with, okay. 239 00:13:23,955 --> 00:13:27,015 Is it the open, is it the high it's the low, or is it the closed? 240 00:13:27,795 --> 00:13:31,785 I, you know, I'm commonly referred to, as I quote personally, But 241 00:13:31,785 --> 00:13:32,805 it could be either one of those. 242 00:13:32,895 --> 00:13:36,555 Well, it's not either one of those it's with a bearish order block, you're 243 00:13:36,555 --> 00:13:41,045 looking at the low, or you're looking at the opening on a bullish or block. 244 00:13:41,085 --> 00:13:44,445 You you'll have the high or the opening, that's it. 245 00:13:44,475 --> 00:13:45,495 The two reference points. 246 00:13:45,675 --> 00:13:47,955 There are the most, two sensitive price points. 247 00:13:48,465 --> 00:13:51,135 If there is a gap, okay. 248 00:13:51,135 --> 00:13:54,855 If there's a gap that's going to impact your ability to determine 249 00:13:54,855 --> 00:13:57,855 whether or not you're going to using the low or the opening. 250 00:13:58,695 --> 00:13:59,235 It's simple. 251 00:13:59,685 --> 00:14:07,275 So, or the high or the opening for bullish or blocks, if it goes below those two 252 00:14:07,275 --> 00:14:11,085 reference points and it can, and that's the part you never know for certain, 253 00:14:11,085 --> 00:14:12,195 that's the reason why we trade with stock. 254 00:14:13,439 --> 00:14:16,500 Then you have to concern yourself with the mean threshold, because that 255 00:14:16,500 --> 00:14:17,760 becomes the last line in the sand. 256 00:14:18,480 --> 00:14:22,620 Now that in itself also can be violated on it on a short-term basis. 257 00:14:22,620 --> 00:14:26,790 So you have to allow some measure of adversity in your trade. 258 00:14:26,939 --> 00:14:29,819 You can't define your trade, okay. 259 00:14:29,829 --> 00:14:33,719 Until it moves away from an oral block like that, and then it starts moving away. 260 00:14:33,930 --> 00:14:37,620 Then you can start being more specific or, or, uh, defined 261 00:14:37,620 --> 00:14:38,640 about where your stop-loss off. 262 00:14:38,699 --> 00:14:39,900 There are no words. 263 00:14:39,900 --> 00:14:44,490 What I mean by that is say this down candle here, when it becomes a valid 264 00:14:44,730 --> 00:14:47,099 as a bull shoulder block right in here. 265 00:14:47,579 --> 00:14:48,060 Okay. 266 00:14:48,180 --> 00:14:51,390 This down candle becomes a buying opportunity for smart money. 267 00:14:51,720 --> 00:14:54,329 It's validated when we see price, move away from it, that 268 00:14:54,510 --> 00:14:55,709 shows that they did buy it. 269 00:14:56,640 --> 00:14:58,410 Then you can start looking at the mean threshold. 270 00:14:59,265 --> 00:14:59,595 Okay. 271 00:14:59,595 --> 00:15:03,135 As a means of supporting the idea that your stops should be at that 272 00:15:03,135 --> 00:15:06,525 level or just below it, because price has already moved away from it. 273 00:15:06,555 --> 00:15:07,995 It's shown a willingness to move away from it. 274 00:15:07,995 --> 00:15:12,885 So now it should not return back to this, the initial trade back into it. 275 00:15:12,885 --> 00:15:17,625 The first time it can go down to the mean threshold and violated just a 276 00:15:17,625 --> 00:15:19,454 little bit and still be a valid signal. 277 00:15:20,385 --> 00:15:25,005 As you can see over here, it does it at a later time, but this is a monthly range. 278 00:15:25,005 --> 00:15:28,305 There's a lot of pips in here offered before it even trades 279 00:15:28,305 --> 00:15:32,324 back down here, each little square delineates, the area at which I told 280 00:15:32,324 --> 00:15:33,885 you to study for the swing trade. 281 00:15:33,925 --> 00:15:36,255 We'll see those when we drop down into the weekly and daily. 282 00:15:38,204 --> 00:15:41,235 So I mapped out every single a or block in here. 283 00:15:41,235 --> 00:15:47,235 And I also just for this one, I have just the opening on this candle right here. 284 00:15:49,005 --> 00:15:50,995 I have the order block. 285 00:15:50,995 --> 00:15:51,135 Ha. 286 00:15:52,950 --> 00:15:53,670 Which is this one. 287 00:15:55,170 --> 00:15:57,930 And this level here is the open on this order block. 288 00:15:57,930 --> 00:16:00,960 I'm going to see the significance of that up here. 289 00:16:00,960 --> 00:16:02,040 We have the premium level. 290 00:16:02,040 --> 00:16:05,310 We identify we're looking at the bearish order block, which completes 291 00:16:05,310 --> 00:16:09,240 this range of down delivery or price or Southside delivery. 292 00:16:09,240 --> 00:16:11,940 Only price should rebalance by moving higher up. 293 00:16:12,900 --> 00:16:15,150 I'm referencing the low of the order block. 294 00:16:15,150 --> 00:16:18,180 I'm referencing the open on the order block and the main 295 00:16:18,180 --> 00:16:20,310 threshold of that last up candle. 296 00:16:20,970 --> 00:16:21,150 Okay. 297 00:16:21,150 --> 00:16:24,600 So there's your, your premium levels and it's not a zone 298 00:16:24,660 --> 00:16:26,290 there, specific price levels. 299 00:16:26,290 --> 00:16:29,060 And we're going to talk about what we do at these levels to refine them. 300 00:16:29,060 --> 00:16:30,270 And we go down to a lower timeframe. 301 00:16:30,900 --> 00:16:32,700 So this is what I've mapped out. 302 00:16:32,910 --> 00:16:37,920 Now, when you do on your own charts is up to you to keep these, uh, 303 00:16:38,430 --> 00:16:43,260 uh, levels, uh, I guess, easy for you to follow along to me. 304 00:16:43,260 --> 00:16:44,610 I just know what I'm looking for. 305 00:16:44,610 --> 00:16:46,050 I'm used to doing it this way. 306 00:16:46,440 --> 00:16:48,840 Um, I certainly don't want to pressure you into a mode where you 307 00:16:48,840 --> 00:16:49,880 have to do it this way, because. 308 00:16:50,925 --> 00:16:52,215 Because you're being introduced to it. 309 00:16:52,215 --> 00:16:54,525 It's going to offer a lot of different levels. 310 00:16:54,615 --> 00:16:58,875 And when the levels are traded, too, what I like to do is I like to dim the 311 00:16:58,875 --> 00:17:03,705 color to like an off gray kind of like when you see me doing the thing with the 312 00:17:03,855 --> 00:17:08,415 buy-side liquidity and self liquidity on our charts on a daily basis, went trades 313 00:17:08,415 --> 00:17:09,585 to a level that you will see today. 314 00:17:09,585 --> 00:17:13,265 In some of the charts actually went down below a sell side liquidity areas 315 00:17:13,275 --> 00:17:17,775 for liquidity pools once that's hit, or in other words, once they traded 316 00:17:17,895 --> 00:17:21,255 at the order block and moved away, I will keep the level there, but I'll 317 00:17:21,255 --> 00:17:23,415 just change it to a grade grade level. 318 00:17:23,505 --> 00:17:26,925 So that means it's reminding me that they could reclaim that label level 319 00:17:26,925 --> 00:17:33,405 later on, but it's already acted as a, uh, a driver for price to move 320 00:17:33,405 --> 00:17:34,905 away from that particular level. 321 00:17:34,905 --> 00:17:38,955 Other words, if we seen price come down to this level here, uh, the monthly 322 00:17:38,955 --> 00:17:43,305 Bush or block open, if it trades to that level and price goes higher, I 323 00:17:43,305 --> 00:17:47,145 will dim this color from a blue, which would be like an active color for me. 324 00:17:49,455 --> 00:17:54,135 I trade, not trade it for a Dem off color where it shows me it's already 325 00:17:54,135 --> 00:17:57,764 acted as a support level, or it's already been capitalized for buys. 326 00:17:58,395 --> 00:18:02,235 So it's not as sensitive or a high-impact anymore. 327 00:18:02,264 --> 00:18:04,845 I'm going to be looking for the ones that haven't been traded 328 00:18:04,845 --> 00:18:06,375 to, but this is how it starts. 329 00:18:06,375 --> 00:18:10,365 You, you frame out the marketplace like this, these ideas. 330 00:18:10,725 --> 00:18:12,764 Now, obviously you wouldn't have this level here. 331 00:18:13,425 --> 00:18:13,665 Okay. 332 00:18:13,665 --> 00:18:17,235 All these levels, when price was trading here, you would only have the levels 333 00:18:17,235 --> 00:18:19,365 that's directly related to this candle. 334 00:18:19,455 --> 00:18:22,395 And then the premium level up here on identified. 335 00:18:22,995 --> 00:18:25,575 But when we dropped down into a weekly chart, okay. 336 00:18:25,605 --> 00:18:28,635 And I'm going to take these orange boxes off. 337 00:18:28,665 --> 00:18:33,825 All that was, was showing the separation of every three months or so. 338 00:18:34,054 --> 00:18:37,304 So you can see how that before I take them off, you can see how they pretty 339 00:18:37,304 --> 00:18:42,885 much peg every major intermediate term swing on a weekly basis is 340 00:18:42,885 --> 00:18:44,325 every, every three months or so. 341 00:18:44,534 --> 00:18:44,804 Okay. 342 00:18:44,804 --> 00:18:45,945 So we're looking at. 343 00:18:48,010 --> 00:18:53,380 The weekly chart and here's how that vertical line delineates the bullish or 344 00:18:53,380 --> 00:18:59,920 blocks here's one, here's two, three in the most recent one, here is everything 345 00:18:59,920 --> 00:19:06,310 to the right is going to be sensitive to that bullet or block levels though high 346 00:19:07,000 --> 00:19:08,500 and the open and the mean threshold. 347 00:19:10,030 --> 00:19:14,470 I want you to take a look at how price also creates on the weekly chart, 348 00:19:14,560 --> 00:19:19,160 its own lower timeframe, PDA levels. 349 00:19:19,160 --> 00:19:23,350 So for instance, we have the down candle here, the high, the 350 00:19:23,350 --> 00:19:24,730 open, and it means threshold. 351 00:19:26,620 --> 00:19:28,780 What do you think that low is reaching into? 352 00:19:28,780 --> 00:19:31,690 And what do you think that low is reaching into we're inside 353 00:19:31,690 --> 00:19:34,150 of the big bullish monthly or. 354 00:19:35,670 --> 00:19:36,840 'cause serious there's levels here. 355 00:19:37,080 --> 00:19:40,470 And I did not put the mean threshold on that lowest low, because I want to show 356 00:19:40,470 --> 00:19:44,070 you what we're seeing in the weekly chart, because you wouldn't necessarily have 357 00:19:44,070 --> 00:19:46,320 that much emphasis placed on me threshold. 358 00:19:46,320 --> 00:19:49,110 Cause you don't know for certain, if it's going to be a bullish order block 359 00:19:49,140 --> 00:19:55,020 until we get this move here, once it rally through Dan becomes it's validation 360 00:19:55,020 --> 00:20:01,170 for a bullshitter block, price comes down into the main threshold of this 361 00:20:01,170 --> 00:20:03,420 down candle here on a weekly chart. 362 00:20:03,810 --> 00:20:06,450 So everything that we've done on a monthly, you're going to 363 00:20:06,450 --> 00:20:07,800 do the same thing on a weekly. 364 00:20:08,130 --> 00:20:13,860 Now again, what I do is I have a separate chart where I have the levels on a 365 00:20:13,860 --> 00:20:16,590 monthly and I do them in line segments. 366 00:20:17,010 --> 00:20:17,400 Okay. 367 00:20:17,640 --> 00:20:20,040 And you actually see me do this when we, when you start applying it all. 368 00:20:20,040 --> 00:20:23,940 But for now, I want you to show, show you how it is developed and 369 00:20:23,940 --> 00:20:28,020 you look at it and find it on your own charts for the monthly basis. 370 00:20:28,020 --> 00:20:29,640 You draw the levels from a disk. 371 00:20:30,675 --> 00:20:35,235 I'll outline your PDAs, your bull, shorter blocks and such, and your premium 372 00:20:35,235 --> 00:20:39,465 levels where your bear shorter blocks and such would be above market price. 373 00:20:40,275 --> 00:20:45,045 Once you identify that you're identifying specific price levels, you're not 374 00:20:45,045 --> 00:20:48,765 doing zones or any kind of shading area like dome boxes or anything like that. 375 00:20:48,765 --> 00:20:52,695 But you're focusing on what price may reach for in terms 376 00:20:52,695 --> 00:20:54,465 of specific price levels. 377 00:20:54,465 --> 00:20:58,635 Based on these higher timeframe levels right away, you can see how 378 00:20:58,635 --> 00:21:02,055 much sensitivity just by dropping from monthly down into a weekly 379 00:21:02,385 --> 00:21:03,555 has caused for these levels. 380 00:21:03,555 --> 00:21:06,885 The only thing that these two levels down here don't show is because 381 00:21:06,885 --> 00:21:10,125 we didn't have any reference point with the weekly on the chart yet. 382 00:21:10,635 --> 00:21:11,535 And that's what we're seeing here. 383 00:21:11,955 --> 00:21:12,165 Okay. 384 00:21:12,165 --> 00:21:15,735 So you can apply that here without creating mass confusion, 385 00:21:15,825 --> 00:21:21,105 to having multiple, uh, array of things for the weekly chart apply. 386 00:21:21,105 --> 00:21:23,055 But I want you to see just a monthly alone. 387 00:21:24,570 --> 00:21:28,560 And so if you focus on a monthly PDAs, that will give you really 388 00:21:28,590 --> 00:21:32,700 stellar setups for swing trading, it'll also give you when we can set 389 00:21:32,700 --> 00:21:34,470 us for your short-term trades as well. 390 00:21:35,970 --> 00:21:39,420 So we have the market create a short term, low price comes down and takes out that 391 00:21:39,420 --> 00:21:41,600 low and returns back into means threshold. 392 00:21:41,640 --> 00:21:44,010 The last down candle on a weekly basis. 393 00:21:44,760 --> 00:21:48,480 With that one aside let's just start moving forward in the delivery of price. 394 00:21:49,650 --> 00:21:52,710 Price opens here, trades back down into what's this level 395 00:21:52,710 --> 00:21:55,950 here I can get the show up. 396 00:21:56,370 --> 00:21:58,380 It's a monthly bullish or blocks open. 397 00:21:59,370 --> 00:22:03,720 So it's coming back down into the opening of that or block this 398 00:22:03,720 --> 00:22:04,860 one that was started over here. 399 00:22:05,490 --> 00:22:11,040 So it's coming back, capitalizing that level again, the level is the 400 00:22:11,040 --> 00:22:19,800 low comes in a 65 75 and we have 66 0 2 delineated as our order 401 00:22:19,800 --> 00:22:22,200 block open again on a monthly rate. 402 00:22:23,655 --> 00:22:26,715 Price shows a willingness to want to move away, comes back down 403 00:22:28,004 --> 00:22:29,475 to bodies of the candle equal. 404 00:22:29,475 --> 00:22:35,295 And here we have a monthly Bush or block high it's trading into that level there. 405 00:22:35,745 --> 00:22:36,105 Okay. 406 00:22:36,855 --> 00:22:39,465 Price shows a willingness to be bullish as well. 407 00:22:39,465 --> 00:22:44,024 Rallies back up goes into the monthly bullish or a block mean threshold. 408 00:22:47,264 --> 00:22:48,165 That would not be that one. 409 00:22:48,165 --> 00:22:48,945 It'd be this one here. 410 00:22:49,635 --> 00:22:49,845 Yeah. 411 00:22:50,024 --> 00:22:52,425 So that's a, you have to be, this is what I'm trying to tell you. 412 00:22:52,425 --> 00:22:55,784 You have to be mindful of it going forward because you're looking at this one here. 413 00:22:57,495 --> 00:23:01,845 So when she trades through or from these levels, you dim them out go to 414 00:23:01,845 --> 00:23:04,985 a gray level or like I do, I go and I. 415 00:23:06,105 --> 00:23:08,235 Trend lines, uh, segments and Allbirds. 416 00:23:08,235 --> 00:23:11,835 I draw from a specific level where it's only one little piece of a line 417 00:23:11,865 --> 00:23:16,725 out to the right, and that keeps my charts very clean and poorly. 418 00:23:17,325 --> 00:23:20,205 But for some of you that may not be what you want to do. 419 00:23:20,205 --> 00:23:22,635 You might be comfortable using the horizontal lines like we're 420 00:23:22,635 --> 00:23:25,725 doing here, but just, just remind yourself that it's going to cause 421 00:23:25,755 --> 00:23:27,495 some confusion as we go forward. 422 00:23:27,495 --> 00:23:32,115 And if you don't find a way to dim these levels out, as you go forward, you 423 00:23:32,115 --> 00:23:35,775 will refer to them at a time when you probably shouldn't be looking at them. 424 00:23:35,775 --> 00:23:40,635 But nonetheless, just looking at the price alone, how many times that price 425 00:23:40,815 --> 00:23:46,035 respond off of these levels and what was the significant, uh, outcome? 426 00:23:47,565 --> 00:23:49,095 They were not small little moves. 427 00:23:49,455 --> 00:23:50,415 They were big moves. 428 00:23:50,475 --> 00:23:56,865 They were small ranges before the big moves, but the price swings were driving 429 00:23:56,865 --> 00:24:00,225 towards a monthly PDA or bare shoulder. 430 00:24:01,605 --> 00:24:04,425 At a time when the market was already showing a willingness, as we shown 431 00:24:04,425 --> 00:24:11,205 yesterday with, uh, uh, market profiling, this market was moving higher and 432 00:24:11,205 --> 00:24:15,585 was showing evidences of every down candle was seeing with new buying. 433 00:24:16,395 --> 00:24:21,855 We have a down candle here, price showed willingness to buy at it here because 434 00:24:21,855 --> 00:24:23,294 the trade hectic back down into it. 435 00:24:24,495 --> 00:24:32,205 This movement here came by way of bouncing out more buying here, there. 436 00:24:32,235 --> 00:24:33,465 And was there buying yes. 437 00:24:33,794 --> 00:24:38,415 This down candle here when price traded down into it, did it repel price higher? 438 00:24:38,595 --> 00:24:39,105 Yes. 439 00:24:39,585 --> 00:24:42,044 This is how you see professional accumulation. 440 00:24:42,345 --> 00:24:47,564 It's supporting the idea that there really is smart money buyers in the marketplace. 441 00:24:48,014 --> 00:24:49,304 You don't need trend lines. 442 00:24:49,304 --> 00:24:50,355 You don't need moving averages. 443 00:24:50,385 --> 00:24:52,814 What you're looking at is institutional order flow at its 444 00:24:52,814 --> 00:24:55,935 core essential central tenants. 445 00:24:56,024 --> 00:24:56,774 This is what it looks. 446 00:24:58,070 --> 00:25:01,430 If you're bullish on a market to evidence quickly that you know that 447 00:25:01,430 --> 00:25:05,870 you are seeing a bullish market, and that is a real buying going on. 448 00:25:06,470 --> 00:25:07,970 You don't need footprints. 449 00:25:08,000 --> 00:25:11,210 You don't need ladders, you don't need, uh, you know, all 450 00:25:11,210 --> 00:25:12,350 these other things out there. 451 00:25:12,410 --> 00:25:14,270 You just simply look at what price is showing you. 452 00:25:14,990 --> 00:25:19,130 If price is supported with down candles being traded to and prices moving 453 00:25:19,130 --> 00:25:23,960 higher off of that, there's smart money buying it's as easy as that. 454 00:25:24,650 --> 00:25:27,680 So every time we see a down candle, are we seeing buying? 455 00:25:27,680 --> 00:25:29,330 Yes, here's a down candle here. 456 00:25:29,630 --> 00:25:30,680 Price comes down into it. 457 00:25:30,740 --> 00:25:31,520 It's in that range. 458 00:25:31,550 --> 00:25:32,210 Is it buying? 459 00:25:32,270 --> 00:25:32,870 Absolutely. 460 00:25:32,870 --> 00:25:33,260 There is. 461 00:25:34,130 --> 00:25:34,430 Okay. 462 00:25:34,880 --> 00:25:38,030 We have this one, two and decisive candle three. 463 00:25:38,360 --> 00:25:42,560 This whole series is a bullshitter, blah price trades back down into that. 464 00:25:42,560 --> 00:25:43,310 Is it buying? 465 00:25:43,670 --> 00:25:44,360 Absolutely. 466 00:25:45,260 --> 00:25:47,660 Here's a down candle price trades down into it. 467 00:25:47,720 --> 00:25:48,350 Is there a buying? 468 00:25:48,350 --> 00:25:49,040 Absolutely. 469 00:25:49,220 --> 00:25:52,850 Does it get through the previous area of premium? 470 00:25:52,940 --> 00:25:55,190 No, but it trades up into that area. 471 00:25:56,175 --> 00:26:01,155 And the lowest one above the marketplace was the bearish or blocks low. 472 00:26:01,935 --> 00:26:04,185 And that comes in at 73 87. 473 00:26:04,425 --> 00:26:11,294 Now the way I use this information as, as best, hi, I'm looking for 73 87, which is 474 00:26:11,294 --> 00:26:14,655 the barest monthly or blocks candles low. 475 00:26:15,375 --> 00:26:17,895 We round down when we're below the marketplace and we 476 00:26:17,925 --> 00:26:19,395 were below the marketplace. 477 00:26:19,784 --> 00:26:22,425 So price trades up to these levels. 478 00:26:22,695 --> 00:26:26,085 We don't, we do not demand that level or higher. 479 00:26:26,355 --> 00:26:28,605 We look for an exit that's early. 480 00:26:28,995 --> 00:26:36,435 So if we're looking at that level, 73, 87, we could use 73, 85, 73 80 would be 481 00:26:36,554 --> 00:26:41,955 in my opinion, the best one because it's institutional ground 80 level, and the 482 00:26:41,955 --> 00:26:43,274 markets like the trade to those levels. 483 00:26:43,635 --> 00:26:52,034 But the high goes all the way through the monthly bearish or blocks open at 74 46. 484 00:26:52,215 --> 00:26:54,554 So you can use 74 45 around five. 485 00:26:55,560 --> 00:27:02,250 And, or the 74 40 level, or if you just want to be safe about it, you can just 486 00:27:02,250 --> 00:27:04,379 do the 74, 20 level institutional level. 487 00:27:04,409 --> 00:27:08,520 And just allow that extra 26 points for someone else to try to catch. 488 00:27:09,149 --> 00:27:12,659 And here's what happens if you try to reach for the means threshold it's 489 00:27:12,659 --> 00:27:17,699 75, 23, the high comes in at 74 85. 490 00:27:17,730 --> 00:27:20,159 It gets almost there, but it can't do it. 491 00:27:22,409 --> 00:27:24,840 So we have buying here off of this one. 492 00:27:25,590 --> 00:27:25,770 Okay. 493 00:27:25,770 --> 00:27:26,850 Price comes back down. 494 00:27:26,879 --> 00:27:28,290 There's a little bit of buying in here. 495 00:27:28,500 --> 00:27:36,570 Also rallies in here, prices reaching into monthly Bush or block means threshold 496 00:27:37,710 --> 00:27:39,360 to the means threshold down candle. 497 00:27:39,930 --> 00:27:42,000 That's what we're seeing to buying opportunity off of here. 498 00:27:42,870 --> 00:27:46,530 So when you look at price every time there's a rally, look, 499 00:27:46,530 --> 00:27:49,500 what's the look what you see here, monthly Bush or blocks open. 500 00:27:52,350 --> 00:27:52,770 Same thing. 501 00:27:53,985 --> 00:27:56,385 One to the level it's trading off. 502 00:27:56,415 --> 00:27:58,395 Oh, here, monthly order block. 503 00:27:58,545 --> 00:28:02,395 Hi and bullish order blocks. 504 00:28:02,395 --> 00:28:07,315 Open to every one of these specific price points for swing trading. 505 00:28:07,375 --> 00:28:11,695 Now, again, we're not talking about day trades or, or, uh, anything less than 506 00:28:11,695 --> 00:28:16,735 a four hour basis, the way you frame it is you're looking for institutional 507 00:28:16,735 --> 00:28:20,245 order flow to support the idea that price wants to go higher or lower. 508 00:28:20,515 --> 00:28:23,245 In this case, we're seeing evidences that it wants to go higher. 509 00:28:23,245 --> 00:28:23,455 Why? 510 00:28:23,455 --> 00:28:27,265 Because every down candle find some support and they capitalize new 511 00:28:27,265 --> 00:28:28,765 longs off of those down candles. 512 00:28:29,305 --> 00:28:32,455 And it's also occurring at our monthly PDAs. 513 00:28:33,835 --> 00:28:36,145 The monthly chart is a, this is all those levels. 514 00:28:36,385 --> 00:28:41,965 There's 1, 2, 3, 4 bullshitter blocks on a monthly chart delineate 515 00:28:41,995 --> 00:28:43,645 by the vertical dash lines. 516 00:28:44,425 --> 00:28:48,355 And all of the blue lines are just referencing the high of the bullish 517 00:28:48,355 --> 00:28:50,125 or block the open or the mainstream. 518 00:28:51,090 --> 00:28:53,399 The main threshold or the darker thicker ones. 519 00:28:54,540 --> 00:28:54,840 Okay. 520 00:28:56,550 --> 00:28:59,879 When we dropped down into a daily chart, things get a lot more clear. 521 00:29:00,120 --> 00:29:00,330 Okay. 522 00:29:00,330 --> 00:29:05,190 So here's our first bull shoulder block price trades down into that 523 00:29:05,190 --> 00:29:08,730 level and here Christ rallies away. 524 00:29:09,659 --> 00:29:12,510 And you can quickly see how moving into a daily chart. 525 00:29:12,540 --> 00:29:17,760 You can refine the order block to reduce the risk that we've already arrived at 526 00:29:18,240 --> 00:29:21,540 on a monthly basis and or weekly basis. 527 00:29:23,310 --> 00:29:24,210 Price comes back down. 528 00:29:24,210 --> 00:29:28,020 Here's that first return to a means threshold of the weekly 529 00:29:28,680 --> 00:29:31,230 bullish shorter block, which is what we just outlined a moment ago. 530 00:29:31,500 --> 00:29:32,550 But also look what it's done. 531 00:29:32,550 --> 00:29:37,560 It's coming down below a daily low, where what would be residing 532 00:29:37,560 --> 00:29:40,110 below that low sell stops. 533 00:29:40,500 --> 00:29:44,909 So it's a liquidity pool it runs down into, and then does it show a 534 00:29:44,909 --> 00:29:46,500 willingness to get back above that low? 535 00:29:47,159 --> 00:29:47,700 Absolutely. 536 00:29:47,700 --> 00:29:48,919 As soon as it goes below a rally's. 537 00:29:50,639 --> 00:29:55,470 Now here's where the rubber meets the road we have now, the bullish or block 538 00:29:55,470 --> 00:30:03,419 or PDA on a daily basis with the monthly calling price, potentially up to here, 539 00:30:08,770 --> 00:30:15,070 the down candle is the bullshit or block or bullish PDA on a daily basis. 540 00:30:16,090 --> 00:30:20,950 This down candle, you look at the body of the candle, not the WIC, uh, 541 00:30:21,010 --> 00:30:24,730 not the high end or low end or the actual high is tie in the lowest low. 542 00:30:25,030 --> 00:30:26,320 You look at the body of the candle. 543 00:30:26,560 --> 00:30:27,490 That's the order block. 544 00:30:28,270 --> 00:30:29,470 You take that range. 545 00:30:29,530 --> 00:30:29,889 Okay. 546 00:30:29,889 --> 00:30:36,040 And if all you need is at least two times that range to give you a valid buy. 547 00:30:36,070 --> 00:30:38,139 That's your, that's your lyric filter. 548 00:30:38,139 --> 00:30:39,580 If you will, if you see that. 549 00:30:40,650 --> 00:30:43,320 If price moves away from that, that much, it comes back down into it. 550 00:30:43,320 --> 00:30:46,290 You have a very strong, probable buying opportunity. 551 00:30:46,379 --> 00:30:47,820 Why, why is that significant? 552 00:30:47,820 --> 00:30:51,720 Because it's showing a willingness to displace price high enough to 553 00:30:51,720 --> 00:30:55,740 indicate not just a minor little blip, it's wanting to go higher because 554 00:30:55,740 --> 00:30:57,090 there was real buying going on. 555 00:30:58,760 --> 00:31:01,400 Price comes back down into the order block. 556 00:31:01,550 --> 00:31:05,570 Doesn't get to the main threshold, but it does trade at the open, open 557 00:31:05,570 --> 00:31:14,160 on this candle is 64 42 opportunity to trade back up into the void in here. 558 00:31:14,490 --> 00:31:17,820 All this price delivery is only on the sell side. 559 00:31:18,930 --> 00:31:22,710 And we also have this down candle right here, right before this new 560 00:31:22,710 --> 00:31:27,540 high above this high here that makes this what a breaker bear Spreaker. 561 00:31:27,540 --> 00:31:34,100 So you have your PDA, uh, the daily timeframe here all with this boy. 562 00:31:34,129 --> 00:31:37,310 So you could be a buyer down here with the first objective 563 00:31:37,310 --> 00:31:38,600 of getting up into this break. 564 00:31:39,855 --> 00:31:46,275 Or you could use this mitigation block price hits it here, consolidates trades, 565 00:31:46,275 --> 00:31:50,295 right back down to bullshit or block here, and then rallies again, ultimately 566 00:31:50,295 --> 00:31:52,515 up into the breaker right there. 567 00:31:53,505 --> 00:31:56,685 Then price trades down into creates another opportunity to be a buyer 568 00:31:57,345 --> 00:32:02,805 right in here, takes out a short term, low what's below that sell stops. 569 00:32:05,145 --> 00:32:05,955 What's up in here. 570 00:32:06,735 --> 00:32:11,265 There's shorter block potential breaker block, which is above 571 00:32:11,325 --> 00:32:16,275 these bodies of these candles price rise up and trace through that. 572 00:32:16,275 --> 00:32:23,025 Now, again, the moose are not small or significant while we're 573 00:32:23,025 --> 00:32:24,855 aiming for two weeks or longer. 574 00:32:25,245 --> 00:32:28,005 If you get several hundred pips, you got a bank, some of that, you just 575 00:32:28,005 --> 00:32:31,545 can't just marry it and say, okay, well it's going to go for two weeks 576 00:32:31,545 --> 00:32:33,315 because therefore it's a swing trade. 577 00:32:33,315 --> 00:32:34,875 It has to be a two week hold time. 578 00:32:34,905 --> 00:32:37,455 No, if you get several hundred pips, you need the profit bank. 579 00:32:38,235 --> 00:32:41,865 It's where price meets that you're just allowing the two 580 00:32:41,865 --> 00:32:44,445 weeks or longer to pan out. 581 00:32:44,655 --> 00:32:48,165 You don't want to, uh, you force, the idea is to say, for instance, 582 00:32:48,165 --> 00:32:52,815 if you get in a trade and it moves 600 pips in your favor in five days, 583 00:32:53,445 --> 00:32:56,445 are you going to force yourself to hold on to two weeks or a month? 584 00:32:56,445 --> 00:32:59,715 Because you think it's going to bleed out more for you, or are 585 00:32:59,715 --> 00:33:02,115 you going to take a considerable amount of profit off the table? 586 00:33:02,415 --> 00:33:04,095 Preferably you should be paying yourself. 587 00:33:04,125 --> 00:33:08,235 You should have paid yourself several times in that move, but don't think just 588 00:33:08,235 --> 00:33:13,004 because the duration of the time, but these setups are there for two weeks or 589 00:33:13,004 --> 00:33:14,715 longer that you have to hold that long. 590 00:33:15,105 --> 00:33:16,095 Don't think that way. 591 00:33:16,514 --> 00:33:20,865 And you have to consider where prices moved to, but making profitable exits 592 00:33:20,895 --> 00:33:23,504 along the way, scaling out is essential. 593 00:33:23,715 --> 00:33:27,375 But every time you get a new buying opportunity, you could add that profitable 594 00:33:27,375 --> 00:33:31,035 portion you took off back in and then build that position right back in. 595 00:33:31,035 --> 00:33:31,995 But you see what you already made. 596 00:33:31,995 --> 00:33:32,745 You've made money. 597 00:33:33,075 --> 00:33:36,495 You allowed yourself to weather a little bit of a retracement. 598 00:33:36,495 --> 00:33:37,215 If you're gonna hold something. 599 00:33:38,175 --> 00:33:39,495 On the position longer. 600 00:33:40,095 --> 00:33:42,855 And then you could add that position back on at a later time when there's 601 00:33:42,855 --> 00:33:49,065 a new buying opportunity down candle, right in here, measure the body. 602 00:33:50,055 --> 00:33:51,345 One, two times. 603 00:33:51,345 --> 00:33:53,205 It's about buy price comes back down. 604 00:33:53,534 --> 00:33:54,014 It's it. 605 00:33:54,915 --> 00:33:55,875 You want me to buyer here? 606 00:33:56,115 --> 00:34:00,315 Notice that it's really close to the main threshold of the bull shorter block. 607 00:34:00,345 --> 00:34:05,415 And it's also inside of the high of the monthly, uh, bull shoulder block. 608 00:34:05,504 --> 00:34:07,095 So it's capitalizing that same level. 609 00:34:07,305 --> 00:34:09,105 Look how much time it's spending. 610 00:34:09,495 --> 00:34:09,975 Okay. 611 00:34:10,395 --> 00:34:13,304 It's spending at the means threshold of previous monthly or block 612 00:34:15,245 --> 00:34:17,675 hitting it, hitting it, hitting it, hitting it, hitting it, hitting it. 613 00:34:20,045 --> 00:34:24,975 Rallies away breaks these two equal highs. 614 00:34:26,895 --> 00:34:29,864 And again, I want you to take notes every time there's a down candle. 615 00:34:31,005 --> 00:34:34,574 Are they finding new buying this down candle? 616 00:34:34,605 --> 00:34:34,875 They buy. 617 00:34:36,250 --> 00:34:40,210 This down candle, they buy, they buy more of it here. 618 00:34:40,840 --> 00:34:42,370 They fail to get above the high here. 619 00:34:42,909 --> 00:34:46,210 So when this low is violated, you have to wait for what it has to trade 620 00:34:46,210 --> 00:34:48,250 back down into a higher timeframe. 621 00:34:48,250 --> 00:34:48,759 PDA. 622 00:34:49,150 --> 00:34:51,279 You can't find support at this bullish or block anymore. 623 00:34:51,310 --> 00:34:51,699 Okay. 624 00:34:51,909 --> 00:34:52,480 So what do you do? 625 00:34:52,509 --> 00:34:53,620 You drop back to a weekly. 626 00:34:54,310 --> 00:34:57,220 If you can't find it on a weekly, you dropped back down to what the monthly 627 00:35:00,500 --> 00:35:03,590 there's your monthly level, previous monthly bullish, or 628 00:35:03,590 --> 00:35:05,450 block price trades into it. 629 00:35:06,860 --> 00:35:11,870 Rallies away with aim for the PDA above here, old highs, liquidity 630 00:35:12,259 --> 00:35:14,660 pool, price rallies up through it. 631 00:35:15,740 --> 00:35:16,700 Is there a new buying 632 00:35:20,020 --> 00:35:24,400 every down candle we're looking for evidence that supports higher 633 00:35:24,400 --> 00:35:28,299 prices here, here, here, here. 634 00:35:28,330 --> 00:35:31,570 How many pips have moved based on what we're already showing you here. 635 00:35:32,655 --> 00:35:34,335 Multitudes of pips. 636 00:35:34,695 --> 00:35:36,975 You're not getting a trade every single week. 637 00:35:37,065 --> 00:35:38,745 You're not getting a trade every day. 638 00:35:39,225 --> 00:35:44,085 You're getting sizable moves, swing trades based on the idea that the 639 00:35:44,085 --> 00:35:48,495 price is going to be eventually driving towards what remember the goal is it's 640 00:35:48,495 --> 00:35:55,125 going to reach for the premium levels up here, but it won't do it in one shot. 641 00:35:55,755 --> 00:35:59,105 It's going to gradually move up here because it's a lot of pits. 642 00:35:59,115 --> 00:36:00,765 It's 1,260 pips. 643 00:36:01,125 --> 00:36:03,555 It's not going to move in one day that much. 644 00:36:04,305 --> 00:36:08,235 So if it's going to have 1,260 pips, or this is around it's to 1200 pips, 645 00:36:08,955 --> 00:36:13,215 if it's going to move 1200 pips, the banks are going to want to capitalize 646 00:36:13,215 --> 00:36:17,085 on that move and be able to build them positions by taking out those individuals. 647 00:36:17,085 --> 00:36:22,815 They're already long here, knock them out and in build in more, buying, more, 648 00:36:22,815 --> 00:36:24,155 buying, more buying, come back down. 649 00:36:24,165 --> 00:36:24,915 Recapitalize. 650 00:36:24,915 --> 00:36:27,645 Why did this level we'll have such a strong reaction because 651 00:36:27,645 --> 00:36:28,605 look at the consolidation. 652 00:36:29,924 --> 00:36:32,234 We moved away from it came back down to equilibrium. 653 00:36:32,234 --> 00:36:36,105 Again, the range of this low to this high went right down 654 00:36:36,105 --> 00:36:37,245 into equilibrium right there. 655 00:36:38,355 --> 00:36:42,315 That explosive price movement was because they had finally built enough 656 00:36:42,315 --> 00:36:45,794 with their position in here to now cause a large displacement in price. 657 00:36:46,035 --> 00:36:49,065 Once it takes off there, it doesn't give anybody an opportunity to get back in. 658 00:36:50,384 --> 00:36:54,225 They're going to be waiting for a cheaper price that won't come support. 659 00:36:54,225 --> 00:36:56,205 Resistance guys are going to see this as support they're 660 00:36:56,205 --> 00:36:57,375 going to want to buy down here. 661 00:36:57,734 --> 00:37:02,475 Price will never get down there to give them opportunity to get in equal lows. 662 00:37:02,475 --> 00:37:03,855 What's below that cell stops. 663 00:37:04,634 --> 00:37:04,845 Boom. 664 00:37:04,845 --> 00:37:06,165 They run down the cell stops. 665 00:37:06,194 --> 00:37:06,555 Why? 666 00:37:06,555 --> 00:37:08,384 Because that's the last run. 667 00:37:08,384 --> 00:37:10,904 Before we get to the level that we've already identified on a 668 00:37:10,915 --> 00:37:15,435 monthly premium level, they're shorter block defined in here. 669 00:37:16,815 --> 00:37:21,645 Price shades up to look at, look at the bodies on these candles up here at 74 46. 670 00:37:21,645 --> 00:37:22,185 Look at that. 671 00:37:24,145 --> 00:37:25,404 Yes, we whipped through it. 672 00:37:25,765 --> 00:37:26,004 Okay. 673 00:37:26,004 --> 00:37:27,355 We whip through it, but look at the body. 674 00:37:28,125 --> 00:37:28,455 Okay. 675 00:37:28,635 --> 00:37:31,935 I did not go through and create some kind of perfect scenario 676 00:37:32,145 --> 00:37:34,965 where it lines up, where I can talk about like, things like this. 677 00:37:35,535 --> 00:37:39,765 It just gives further evidence that this is what the price reaches for. 678 00:37:40,605 --> 00:37:46,455 So if you apply or block theory and all the PDA arrays that we talk about in 679 00:37:46,455 --> 00:37:50,025 reference to where market price is now, and what's above you in the order, you 680 00:37:50,025 --> 00:37:54,105 look for them and what's below you in all the way you look for the PDAs below you. 681 00:37:54,795 --> 00:37:58,725 It's a step-by-step gradual definition of what price may reach 682 00:37:58,725 --> 00:38:00,705 for again, there may not be breakers. 683 00:38:00,705 --> 00:38:03,795 There may not be a mitigation block, but there is a void. 684 00:38:04,005 --> 00:38:06,375 There is a fair value gap or bear shorter block. 685 00:38:06,405 --> 00:38:08,955 There's one of those things that you're going to be aiming for. 686 00:38:09,885 --> 00:38:13,095 And every time you look from a hard timeframe, you have 687 00:38:13,095 --> 00:38:14,235 those levels on your chart. 688 00:38:14,835 --> 00:38:19,125 The market will want to reach for them, and you have to submit to 689 00:38:19,125 --> 00:38:20,625 that on these lower timeframes. 690 00:38:21,225 --> 00:38:25,725 Now, imagine having these ideas here as a day trader, it probably 691 00:38:25,725 --> 00:38:27,075 wouldn't be as significant to you. 692 00:38:27,900 --> 00:38:28,200 Okay. 693 00:38:28,200 --> 00:38:29,820 In terms of intraday price action. 694 00:38:30,390 --> 00:38:33,170 This wouldn't be so sensitive to you because you're not thinking about 695 00:38:33,210 --> 00:38:34,320 the monthly chart as a day trader. 696 00:38:34,650 --> 00:38:36,780 You're not thinking about a weekly charts a day trader, but you 697 00:38:36,780 --> 00:38:39,000 should be as a short-term trader. 698 00:38:39,000 --> 00:38:41,040 You should be definitely thinking about these types of things. 699 00:38:42,480 --> 00:38:47,550 This down candle here, bull shoulder block gets comp capitalize again, 700 00:38:47,550 --> 00:38:49,830 here it rallies back up to what level? 701 00:38:51,060 --> 00:38:52,350 The monthly bear shorter block. 702 00:38:53,070 --> 00:38:58,860 Let me scoot your over a little bit or block low trades rate to it here. 703 00:38:59,610 --> 00:39:01,110 That's real resistance. 704 00:39:01,740 --> 00:39:02,670 It's not a zone. 705 00:39:02,940 --> 00:39:04,290 It's a specific price level. 706 00:39:05,340 --> 00:39:07,110 This is a specific price level. 707 00:39:07,770 --> 00:39:09,210 This is a specific price level. 708 00:39:09,720 --> 00:39:10,710 It's not ambiguous. 709 00:39:10,770 --> 00:39:12,000 It's not moving around. 710 00:39:12,000 --> 00:39:12,870 It's not changing. 711 00:39:12,870 --> 00:39:15,270 It's not, uh, morphing into something all the time. 712 00:39:15,420 --> 00:39:18,060 It's not widening as a range or reducing as a range. 713 00:39:18,090 --> 00:39:20,250 It's a specific price level period. 714 00:39:21,030 --> 00:39:24,420 So we don't know if it's going to go to the. 715 00:39:25,830 --> 00:39:28,410 Or if it's going to go to the main threshold, we S we look at 716 00:39:28,410 --> 00:39:30,870 this as an objective, 73, 87. 717 00:39:30,870 --> 00:39:34,799 So 73, 80 or 73, 85, that's a viable upside objective. 718 00:39:35,040 --> 00:39:37,350 So if they hit that level here, you could move to the sidelines 719 00:39:37,350 --> 00:39:38,220 and say, okay, I'm done. 720 00:39:38,490 --> 00:39:40,290 If it comes back down, gives me my buying opportunity. 721 00:39:40,319 --> 00:39:42,419 I'll try to take it again, which would be here. 722 00:39:43,470 --> 00:39:43,859 Okay. 723 00:39:44,189 --> 00:39:52,859 The, the levels are, um, uh, monthly or block high and push or block open. 724 00:39:52,859 --> 00:39:55,709 I think that once this, if I'm not mistaken, it might be this 725 00:39:55,709 --> 00:39:59,759 one here and price rallies here. 726 00:40:00,600 --> 00:40:01,259 Several. 727 00:40:01,649 --> 00:40:02,129 What is that? 728 00:40:02,189 --> 00:40:03,209 I me get this thing on my way. 729 00:40:06,359 --> 00:40:08,430 Almost 400 pips here. 730 00:40:11,180 --> 00:40:12,950 That's a big, big move, big move. 731 00:40:13,129 --> 00:40:14,120 And it fails right. 732 00:40:14,120 --> 00:40:16,819 At a level that you would expect it I'll offer resistance. 733 00:40:16,819 --> 00:40:18,740 Cause you don't know if it's going to violate and go through. 734 00:40:19,430 --> 00:40:22,290 So if you took off say you took off half the position here or even, 735 00:40:22,290 --> 00:40:24,740 uh, a quarter of the position off and you started to start to year. 736 00:40:25,665 --> 00:40:26,145 Okay. 737 00:40:26,595 --> 00:40:28,395 Did you fail as a trader? 738 00:40:28,424 --> 00:40:28,815 No. 739 00:40:29,355 --> 00:40:33,825 You executed, you profited and you may see some of the give back and that's going to 740 00:40:33,825 --> 00:40:36,585 happen, but it gives you information now. 741 00:40:36,615 --> 00:40:36,915 Okay. 742 00:40:36,915 --> 00:40:39,944 Well, we failed now, two times we went up into their shorter block 743 00:40:40,904 --> 00:40:46,875 opening, the low Rochelle and rejection sell stocks below here. 744 00:40:46,875 --> 00:40:48,404 And now we're back in this candle here, where there was 745 00:40:48,404 --> 00:40:50,955 buying price should bounce again. 746 00:40:51,375 --> 00:40:51,585 Okay. 747 00:40:51,585 --> 00:40:56,145 We can take a buy, buy it, rally out, rally out, rally out, rally up into 748 00:40:56,835 --> 00:41:02,115 the high to the low we're at a premium, which is the low end of the premium. 749 00:41:02,805 --> 00:41:06,725 But nonetheless price offers an opportunity to be paid again, but then 750 00:41:06,734 --> 00:41:07,875 gives up the ghost and goes lower. 751 00:41:07,875 --> 00:41:09,134 Now look, what's happening. 752 00:41:10,335 --> 00:41:14,205 This low has been violated here and now we broke this one here. 753 00:41:14,475 --> 00:41:17,295 So it was price indicating that it wants to go higher or lower. 754 00:41:17,805 --> 00:41:18,345 He wants to go with. 755 00:41:20,565 --> 00:41:22,925 We've been looking for bear shorter blocks. 756 00:41:23,015 --> 00:41:27,185 Price goes up into this candle right here, but does it show willingness to sell off? 757 00:41:27,725 --> 00:41:28,085 No. 758 00:41:28,895 --> 00:41:31,745 So you can't see any more selling opportunities here. 759 00:41:31,745 --> 00:41:38,085 It now validates that his resumed it's up move every down candle. 760 00:41:38,685 --> 00:41:42,105 If this does not offer bearishness, which it doesn't here. 761 00:41:42,465 --> 00:41:42,765 Okay. 762 00:41:42,765 --> 00:41:43,875 It trades right on through it. 763 00:41:44,175 --> 00:41:45,735 You can't view the market. 764 00:41:45,735 --> 00:41:46,365 Didn't want to go lower. 765 00:41:46,365 --> 00:41:47,475 You have to change gears. 766 00:41:48,435 --> 00:41:49,185 How do you do that? 767 00:41:49,605 --> 00:41:50,775 Find a down candle. 768 00:41:50,925 --> 00:41:53,745 And if they're buying in the down candle, here's your down candle. 769 00:41:54,255 --> 00:41:55,095 It trades into it. 770 00:41:55,425 --> 00:41:55,785 Boom. 771 00:41:55,785 --> 00:41:56,385 It rallies. 772 00:41:57,495 --> 00:41:58,965 Here's a new down candle right here. 773 00:41:59,325 --> 00:42:01,365 Price becomes about bull shorter block. 774 00:42:01,455 --> 00:42:03,195 This one here is a bull or a buck. 775 00:42:03,495 --> 00:42:07,875 When this candle trades higher, this candle's high boom there's 776 00:42:07,875 --> 00:42:09,075 opportunity to buy again. 777 00:42:09,435 --> 00:42:12,915 And you cash that little bit of it's not much, but it's, it's over a hundred pips. 778 00:42:13,635 --> 00:42:16,065 Again, took several days to do. 779 00:42:16,920 --> 00:42:21,060 Did not get above the old high, but what levels do we look for? 780 00:42:21,330 --> 00:42:22,830 What PDA level did it go for? 781 00:42:24,630 --> 00:42:25,260 It's a breaker. 782 00:42:25,800 --> 00:42:26,220 I'm sorry. 783 00:42:26,250 --> 00:42:26,640 Good grief. 784 00:42:26,640 --> 00:42:27,090 I said it wrong. 785 00:42:27,540 --> 00:42:31,050 A rejection block, Ray above these candles bodies. 786 00:42:31,260 --> 00:42:33,690 We just borrowed this level just for a second. 787 00:42:34,770 --> 00:42:35,730 I made sure I got deleted. 788 00:42:36,510 --> 00:42:38,820 I went right above it, hit it and then rejected it. 789 00:42:40,990 --> 00:42:43,090 So you have to have all these levels in mind. 790 00:42:44,170 --> 00:42:47,440 And what I do is I actually have, and you'll actually see this. 791 00:42:47,440 --> 00:42:52,630 When in your, in your PDF notes, actually give you my, um, my, my map 792 00:42:52,690 --> 00:42:55,930 that I have, basically that I draw out special notations about levels. 793 00:42:55,930 --> 00:42:56,260 I'm looking at. 794 00:42:57,015 --> 00:43:03,705 And it keeps me in mind of what all of the PDAs on the monthly, the weekly and 795 00:43:03,705 --> 00:43:06,795 the daily levels for the pairs that I trade or the markets that I'm trading. 796 00:43:07,095 --> 00:43:07,755 I have that. 797 00:43:07,875 --> 00:43:11,775 And also just keep a reference point like every hour or so throughout the day. 798 00:43:11,985 --> 00:43:15,735 I'll just put a little, uh, like a mark, where on that now. 799 00:43:15,735 --> 00:43:20,205 And I think about, okay, right now, this is where price would be at market price. 800 00:43:20,295 --> 00:43:22,005 And what PDAs do I have above me? 801 00:43:22,485 --> 00:43:24,134 And what PDAs do I have below me? 802 00:43:24,404 --> 00:43:27,195 And I have them mapped out from a monthly, weekly and daily basis. 803 00:43:27,435 --> 00:43:30,315 So that way, when I'm looking at intraday charts, I don't lose sight. 804 00:43:30,435 --> 00:43:33,495 Even though my intraday charts don't have every single one of these 805 00:43:33,495 --> 00:43:35,295 levels, I have them in my notes. 806 00:43:35,654 --> 00:43:40,185 So for instance, I'm looking at 70 to 90 right now, my notes would show. 807 00:43:41,399 --> 00:43:46,350 73 85, uh, and, um, bear shorter block, the low level. 808 00:43:46,350 --> 00:43:47,279 That's what I'm looking for. 809 00:43:47,669 --> 00:43:52,440 Uh, on a monthly level, I'm looking at a 70 80, which is the level just 810 00:43:52,440 --> 00:43:54,930 above 70, 75 that we have noted here. 811 00:43:55,169 --> 00:43:56,730 Why am I looking at 70 80? 812 00:43:56,759 --> 00:43:58,470 Because it's higher than the lowest low. 813 00:43:59,040 --> 00:44:02,879 This would be the optimal, optimal entry for exit point, rather for 814 00:44:02,879 --> 00:44:04,440 a downside movement or a target. 815 00:44:05,069 --> 00:44:08,069 But I want to get to the institutional level that's just before that or 816 00:44:08,069 --> 00:44:09,839 higher, which would be 70, 80. 817 00:44:10,560 --> 00:44:12,120 So I would have that level in my notes. 818 00:44:12,419 --> 00:44:12,660 Okay. 819 00:44:12,690 --> 00:44:14,669 Which is, this is basically like a rough template. 820 00:44:15,230 --> 00:44:18,450 It gives you an idea of what, what levels would be looking for at a 821 00:44:18,450 --> 00:44:20,069 quick, real quick looking at it. 822 00:44:20,069 --> 00:44:21,660 And you don't need to go through all your charts. 823 00:44:22,109 --> 00:44:25,350 And that's why sometimes when you hear me talk, like I have leveled off the 824 00:44:25,350 --> 00:44:30,000 top of my head because I see them, I see them in my notes right next to me. 825 00:44:30,299 --> 00:44:34,290 I have, well, I can't show you because I don't have a webcam hooked up to it, but 826 00:44:34,589 --> 00:44:36,569 I have a new pad and I also have like a. 827 00:44:37,259 --> 00:44:37,620 Template. 828 00:44:37,620 --> 00:44:40,560 I have all my pears or marks I'm looking at. 829 00:44:40,740 --> 00:44:42,540 I have it outlined and you'll, you'll see it. 830 00:44:42,540 --> 00:44:42,870 You'll get it. 831 00:44:42,870 --> 00:44:44,850 You can print it out and actually start doing the same thing I do. 832 00:44:45,450 --> 00:44:48,509 But just know that when you go through the price action, like this, you're 833 00:44:48,509 --> 00:44:51,120 going to have a whole lot of lines initially, but you don't carry them 834 00:44:51,120 --> 00:44:53,129 all throughout all your timeframes. 835 00:44:54,180 --> 00:44:56,189 I removed down into a four-hour chart. 836 00:44:56,370 --> 00:45:00,540 And again, this is the only timeframe that we go down into for this month. 837 00:45:00,540 --> 00:45:03,600 We can't go any lower than this for teaching purposes. 838 00:45:05,310 --> 00:45:08,129 So here's the first, uh, buying opportunity. 839 00:45:08,370 --> 00:45:14,220 And that one, we looked at the second in the order of left to 840 00:45:14,220 --> 00:45:15,569 right from the homework I gave you. 841 00:45:16,799 --> 00:45:20,790 We're going to look at those on the four hour basis, the bodies of the candles. 842 00:45:21,390 --> 00:45:21,569 Okay. 843 00:45:21,569 --> 00:45:22,500 That's your order block. 844 00:45:22,890 --> 00:45:23,069 Okay. 845 00:45:23,069 --> 00:45:25,319 Does it move one, two times? 846 00:45:26,279 --> 00:45:27,629 Yes, it does. 847 00:45:28,290 --> 00:45:29,970 Price comes back down, trades down. 848 00:45:29,970 --> 00:45:31,620 Does it hit the order block down here? 849 00:45:31,680 --> 00:45:32,609 No, it does not. 850 00:45:33,720 --> 00:45:34,200 We have one. 851 00:45:35,310 --> 00:45:38,069 Two candles in here that make up the order block. 852 00:45:38,400 --> 00:45:42,600 I like to use the biggest portion of the body, of the candle as the order block. 853 00:45:42,630 --> 00:45:44,100 I don't use the Wix high. 854 00:45:44,109 --> 00:45:45,420 I don't use the WIC low. 855 00:45:45,690 --> 00:45:46,620 I used the body. 856 00:45:46,890 --> 00:45:48,810 And the reason why is because all of us are going to have 857 00:45:48,810 --> 00:45:50,310 slightly different candles. 858 00:45:50,850 --> 00:45:51,299 Okay. 859 00:45:51,660 --> 00:45:55,290 And you're going to have different price points that would cause 860 00:45:55,290 --> 00:45:57,690 your candle be slightly different than the one you're seeing here. 861 00:45:58,170 --> 00:45:58,680 What's new, man. 862 00:46:01,720 --> 00:46:01,830 Yeah. 863 00:46:01,830 --> 00:46:03,819 It should be a lot easier to see me apologize. 864 00:46:03,819 --> 00:46:04,060 Sorry. 865 00:46:04,060 --> 00:46:04,569 I take it. 866 00:46:04,600 --> 00:46:05,350 I take it for granted. 867 00:46:05,350 --> 00:46:06,549 Cause my screens are really big. 868 00:46:07,180 --> 00:46:11,290 So when I see it, it looks huge, but now it's enormous for me, but now you're 869 00:46:11,290 --> 00:46:14,290 looking at the body of the candle here. 870 00:46:14,799 --> 00:46:17,170 When you look at the order blocks, you want to take that range 871 00:46:25,060 --> 00:46:25,750 and highlight it. 872 00:46:26,650 --> 00:46:26,980 Okay. 873 00:46:26,980 --> 00:46:30,640 And visually what you're doing, you don't have to, you do not have to be so. 874 00:46:32,759 --> 00:46:33,180 Domain. 875 00:46:33,180 --> 00:46:34,859 And you actually do all this all the time. 876 00:46:34,859 --> 00:46:37,620 Like there's one of it and there's two of it. 877 00:46:38,279 --> 00:46:41,339 So it price moves that far away out of the order block. 878 00:46:41,609 --> 00:46:43,350 It's a valid or block if it comes back down. 879 00:46:45,430 --> 00:46:49,210 And that's how I qualify strong bias with the order block theory 880 00:46:52,560 --> 00:46:52,890 there. 881 00:46:53,910 --> 00:46:54,240 Okay. 882 00:46:55,410 --> 00:47:00,180 So now when we look at, uh, price action in these areas in here, 883 00:47:00,990 --> 00:47:05,339 you'll be able to go to a lower timeframe and reduce this down also. 884 00:47:05,850 --> 00:47:11,940 But when we look at, uh, opportunities to be a buyer we're not looking at just 885 00:47:11,940 --> 00:47:16,410 or blocks, we're not looking at, uh, just bullish breakers or mitigation blocks. 886 00:47:16,830 --> 00:47:20,100 We're also thinking about what if the price is ultimately wanting 887 00:47:20,100 --> 00:47:25,230 to go higher market makers already know that there are going to be 888 00:47:25,230 --> 00:47:28,020 participants that are probably going to be on the right side of the market. 889 00:47:29,500 --> 00:47:35,350 So what trading pattern or what institutional price swing do I say? 890 00:47:35,440 --> 00:47:36,970 I like doing more than any other. 891 00:47:38,470 --> 00:47:39,880 Let me check your responses. 892 00:47:39,900 --> 00:47:41,080 Make sure you guys are paying attention 893 00:47:44,770 --> 00:47:46,870 break or swing break or swing. 894 00:47:47,690 --> 00:47:51,610 That means we're looking for the market that trade below and old low. 895 00:47:51,850 --> 00:47:52,210 Why? 896 00:47:52,210 --> 00:47:53,830 Because we want to see them scoop up. 897 00:47:54,460 --> 00:47:57,640 Some cells stops because if they knocked the market participants out that are 898 00:47:57,640 --> 00:48:01,210 already long, they know there's willing sellers down there so they can buy from. 899 00:48:01,870 --> 00:48:03,040 And that's what you're seeing here. 900 00:48:03,520 --> 00:48:05,710 Short term, low price trades down through that. 901 00:48:05,710 --> 00:48:11,110 That's the ideal entry you're going to see that that type of pattern happens more 902 00:48:12,100 --> 00:48:15,670 powerfully in terms of seeing price go to the direction you think it's going to go. 903 00:48:16,000 --> 00:48:20,050 If you see these types of events, that's where the best entry points are. 904 00:48:20,500 --> 00:48:21,550 It's the scariest. 905 00:48:21,550 --> 00:48:23,230 When you get in it's the scariest ones to. 906 00:48:24,045 --> 00:48:27,405 Because it feels like once you start, well, think about if you were in this 907 00:48:27,615 --> 00:48:32,085 market and you watched it drive down like this, it's very scary to want to buy 908 00:48:32,115 --> 00:48:34,605 below that Ola because you don't think, you don't know if it's going to keep 909 00:48:34,605 --> 00:48:37,105 going lower classic chart pattern trader. 910 00:48:37,105 --> 00:48:40,125 Don't see this as a bear flag and it might go down that much lower. 911 00:48:40,455 --> 00:48:41,565 Not necessarily. 912 00:48:42,495 --> 00:48:45,015 You've got to think where the sell stops are and why would they want to go down 913 00:48:45,015 --> 00:48:51,255 there to take those individuals out and assume their position short term low here. 914 00:48:51,585 --> 00:48:52,935 You can see it here every time. 915 00:48:52,935 --> 00:48:54,135 There's a move below an old load. 916 00:48:54,135 --> 00:48:57,765 Look at the responsiveness below an old low responsiveness. 917 00:48:58,335 --> 00:49:02,805 Short-term low below responsiveness that coupled with 918 00:49:03,225 --> 00:49:05,115 down candles, supporting price. 919 00:49:05,475 --> 00:49:10,845 There's your two strongest points of looking for institutional or flow telling 920 00:49:10,845 --> 00:49:12,615 you what the smart money is doing. 921 00:49:13,095 --> 00:49:14,985 There's two of them, very simple. 922 00:49:16,215 --> 00:49:17,985 Is the market going below an old low? 923 00:49:18,405 --> 00:49:20,895 And is it rejecting immediately and showing strong buying? 924 00:49:21,285 --> 00:49:23,145 If it is smart, money's buying that. 925 00:49:24,495 --> 00:49:31,064 If the market is showing support at down candles and it repels price higher off 926 00:49:31,064 --> 00:49:33,615 those smart money is buying that market. 927 00:49:34,845 --> 00:49:35,924 You don't need indicators. 928 00:49:35,924 --> 00:49:36,855 You don't need trend lines. 929 00:49:36,855 --> 00:49:37,935 You don't need moving averages. 930 00:49:38,145 --> 00:49:41,115 The price action will tell you everything you need. 931 00:49:41,115 --> 00:49:43,185 And it only takes you seconds to look at it. 932 00:49:43,544 --> 00:49:47,384 You start on a monthly chart, you move down to a weekly chart down to a daily 933 00:49:47,384 --> 00:49:52,334 chart, and you look at on the four hour chart, all your timing becomes by way of 934 00:49:52,334 --> 00:49:57,825 those two things to your returning back with a failure swing, which is a shorter 935 00:49:57,825 --> 00:50:01,424 block, is what that is, or bear's shorter block that failure swing institutional 936 00:50:01,424 --> 00:50:02,984 price swing that failure swing. 937 00:50:04,634 --> 00:50:06,044 That's the weaker of the two. 938 00:50:07,125 --> 00:50:11,564 The best one is when it runs down below a low to take out cell stops. 939 00:50:13,035 --> 00:50:13,964 That's your entry for total? 940 00:50:16,095 --> 00:50:20,535 Two entries, two to farms, looking at the marketplace, two ways of gauging 941 00:50:20,535 --> 00:50:23,385 institutional order flow, smart money, accumulation and distribution. 942 00:50:23,805 --> 00:50:24,585 And it's simple. 943 00:50:24,985 --> 00:50:28,005 It's bearish is the market going above and old high and 944 00:50:28,005 --> 00:50:29,385 rejecting quickly and going lower? 945 00:50:30,015 --> 00:50:35,205 Or is it trading at up candles and then rejecting price lower. 946 00:50:35,595 --> 00:50:36,505 That's a bear shorter block. 947 00:50:36,525 --> 00:50:40,785 It's so it's showing every time it rallies it, can't get through that last up candle 948 00:50:40,785 --> 00:50:42,885 at traded two, and it's being repelled. 949 00:50:43,185 --> 00:50:44,385 It's being distributed. 950 00:50:46,005 --> 00:50:46,575 That's it. 951 00:50:46,575 --> 00:50:47,475 There's nothing else to it. 952 00:50:47,475 --> 00:50:50,205 So when you apply these things from a monthly, weekly, and daily and four 953 00:50:50,205 --> 00:50:54,315 hour and overlaying your levels that you've seen from the hard timeframes, 954 00:50:54,315 --> 00:50:58,125 you'll see that these, these markets move off these levels with great 955 00:50:58,125 --> 00:51:00,675 deal, precision and expectancy. 956 00:51:00,735 --> 00:51:04,815 You can see it come a long way down the road before it ever gets to them. 957 00:51:05,235 --> 00:51:06,075 The responsiveness. 958 00:51:06,075 --> 00:51:08,295 I mean, look, how many times price reacts at these. 959 00:51:09,075 --> 00:51:10,695 It's an all I have on here is the monthly. 960 00:51:10,695 --> 00:51:14,775 I'm not added any of the weekly or the daily or any of the individual 961 00:51:14,775 --> 00:51:19,005 four hour charts levels, but there's a lot of responsiveness at these 962 00:51:19,005 --> 00:51:20,955 levels and they're not ambiguous. 963 00:51:21,255 --> 00:51:26,085 They're specific the reference points of the monthly high or the 964 00:51:26,085 --> 00:51:29,505 bull shorter block, the opening of the order block or the thicker one 965 00:51:29,505 --> 00:51:32,595 or some isn't mean threshold and are only two of those being noted here. 966 00:51:33,135 --> 00:51:35,925 But look how price moves and gravitates from each one of 967 00:51:35,925 --> 00:51:38,085 these levels to a, another level. 968 00:51:38,085 --> 00:51:41,505 That means the equivalent promote monthly basis. 969 00:51:42,255 --> 00:51:43,665 They're not ambiguous levels. 970 00:51:43,665 --> 00:51:45,885 They're not just indiscriminately thrown on the chart. 971 00:51:45,885 --> 00:51:48,015 They're not formed fitted to make perfect examples. 972 00:51:48,525 --> 00:51:51,015 There are levels that you can do on your own, going into your 973 00:51:51,015 --> 00:51:52,095 chart and seeing it for your. 974 00:51:53,115 --> 00:51:56,745 And there are, that's the basis of looking for swing trades, because if you 975 00:51:56,745 --> 00:52:02,055 can see where the highest probability of motion away from, or repelling 976 00:52:02,055 --> 00:52:05,645 from that level, whether it be support resistance, it will give you all, all 977 00:52:05,665 --> 00:52:09,884 the scenarios you would need to be profitable, successful swing trader. 978 00:52:10,904 --> 00:52:14,115 I mean, it's, it is it's phenomenal if you start going through it like 979 00:52:14,115 --> 00:52:18,105 this, and again, these are just monthly levels and we're not done 980 00:52:18,105 --> 00:52:19,694 anything with anything less than that. 981 00:52:20,595 --> 00:52:24,375 So how many opportunities are you seeing off of a monthly level and reactions? 982 00:52:24,375 --> 00:52:27,555 There are, you have to wait a long time sometimes for them to come. 983 00:52:27,674 --> 00:52:28,665 Yeah, absolutely. 984 00:52:29,085 --> 00:52:31,035 But some of you can't trade every day anyway. 985 00:52:31,305 --> 00:52:34,004 So this might be your bread and butter swing trading model, 986 00:52:34,365 --> 00:52:35,654 only looking at monthly levels. 987 00:52:36,734 --> 00:52:37,214 Guess what? 988 00:52:37,605 --> 00:52:40,935 You're going to get the biggest bang for your buck when you trade off a 989 00:52:40,935 --> 00:52:45,555 monthly level, because that's where the funds are piling in their dog piling in 990 00:52:45,765 --> 00:52:50,475 for huge amounts of flows coming in at these levels, because it's a long-term. 991 00:52:51,779 --> 00:52:55,830 Real support and resistance ideas applied to these higher timeframe charts, because 992 00:52:55,980 --> 00:53:00,779 they need these types of timeframes to be able to position themselves in on 993 00:53:00,779 --> 00:53:04,080 these big moves, because the big moves don't turn on a dime just like that. 994 00:53:04,320 --> 00:53:10,650 They gradually move once they happen, price takes off and you get a very 995 00:53:10,770 --> 00:53:15,570 sizeable displacement, you know, from moving from 70 and a half. 996 00:53:17,700 --> 00:53:25,110 Let me get this thing on my way up to 72 50, you know, 997 00:53:25,110 --> 00:53:26,340 that's 200 points right here. 998 00:53:26,340 --> 00:53:30,120 This, this move here, and it didn't have to go up to the premium. 999 00:53:30,120 --> 00:53:32,670 It just went back up and closing the void on a four-hour chart. 1000 00:53:35,730 --> 00:53:39,930 So I'm going to give you further homework now that you want to take the 1001 00:53:39,930 --> 00:53:45,810 levels from the daily and four hour and apply them to the same Kiwi market. 1002 00:53:45,960 --> 00:53:48,900 And we're going to look at that tomorrow in our session, we're actually start 1003 00:53:48,900 --> 00:53:52,529 looking at some of the setups and how we frame the ideas going forward, 1004 00:53:52,529 --> 00:53:56,879 but you have to start somewhere in terms of what makes the move probable. 1005 00:53:57,359 --> 00:54:01,710 What gives your idea of a swing trade coming to fruition the basis? 1006 00:54:02,339 --> 00:54:04,710 Because it's simply just not enough because you want to be a buyer. 1007 00:54:05,250 --> 00:54:05,609 Okay. 1008 00:54:05,609 --> 00:54:08,640 And there's candles and trend lines and moving hours and indicators 1009 00:54:08,879 --> 00:54:10,980 telling you it's a revolver, solar divergence of some kind. 1010 00:54:11,910 --> 00:54:12,779 That's not enough. 1011 00:54:13,290 --> 00:54:15,150 There has to be an invitation. 1012 00:54:15,150 --> 00:54:20,580 If you will, on a hard timeframe chart to draw in large funds, that's 1013 00:54:20,580 --> 00:54:23,069 going to come by way of looking at monthly and weekly timeframes. 1014 00:54:23,400 --> 00:54:26,400 And if you look at those levels and take those levels and transpose 1015 00:54:26,400 --> 00:54:29,310 them there, notice that we didn't just take old highs and old lows. 1016 00:54:29,339 --> 00:54:31,140 We looked at just horrible. 1017 00:54:32,190 --> 00:54:36,480 We framed it out on just the order block theory alone and used the 1018 00:54:36,480 --> 00:54:38,580 range defined by the monthly chart. 1019 00:54:38,940 --> 00:54:39,840 That's all we did. 1020 00:54:40,770 --> 00:54:44,700 If that's your trading model that you go forward with, and yet what you trade with, 1021 00:54:45,060 --> 00:54:46,380 look how many opportunities it gives you. 1022 00:54:48,240 --> 00:54:50,610 Beautiful how many trading opportunities it gives you. 1023 00:54:50,820 --> 00:54:55,530 It's not overkill, but they're opportunities that give you a huge 1024 00:54:55,530 --> 00:54:59,700 amount of range trade in, and it doesn't have to be executed on a five 1025 00:54:59,700 --> 00:55:01,020 minute chart or a 15 minute timeframe. 1026 00:55:01,290 --> 00:55:03,080 You don't even need a four hour chart to really be honest with you. 1027 00:55:03,080 --> 00:55:06,930 You can trade off of the daily chart because it gives you a moment 1028 00:55:07,050 --> 00:55:11,490 of, uh, not a moment issue more than a moment to make a decision. 1029 00:55:11,610 --> 00:55:11,910 Okay. 1030 00:55:11,910 --> 00:55:13,590 It gives you time to plan the trade. 1031 00:55:13,590 --> 00:55:15,780 You know, when they're coming, where they're going to be a forming at what 1032 00:55:15,780 --> 00:55:19,050 levels to reach for and when price gets down there and you know what you should 1033 00:55:19,050 --> 00:55:22,560 be expecting to sate responsiveness, should they be buying okay? 1034 00:55:22,710 --> 00:55:23,730 Is there displacement? 1035 00:55:23,760 --> 00:55:26,280 Does the Orbach exist or is there a short term low? 1036 00:55:26,490 --> 00:55:29,210 If it trades down below that short-term low and you're at a level like. 1037 00:55:30,375 --> 00:55:30,585 Okay. 1038 00:55:30,585 --> 00:55:32,475 When price trade down below that short term loan, that's 1039 00:55:32,475 --> 00:55:33,495 an opportunity to be a buyer. 1040 00:55:34,725 --> 00:55:36,795 Normal retail mindset will say no way. 1041 00:55:36,795 --> 00:55:37,605 I'm not buying that. 1042 00:55:38,295 --> 00:55:41,265 And you have to be diametrically opposed to that mindset, because 1043 00:55:41,265 --> 00:55:44,235 if you can't think like that, you're going to have problems. 1044 00:55:44,685 --> 00:55:48,105 Look what we have here at the low here, right here, this low. 1045 00:55:48,165 --> 00:55:53,055 And we have this me get the show up monthly order block, open it 1046 00:55:53,055 --> 00:55:55,365 stopped short just above it rallies. 1047 00:55:55,575 --> 00:55:55,875 Okay. 1048 00:55:55,875 --> 00:55:59,145 And look at the response to this, all these levels and here, and then dries down 1049 00:55:59,145 --> 00:56:02,835 one more time below it, but it goes below this low, where there are short-term sell 1050 00:56:02,835 --> 00:56:05,055 stops for those that want to be a buyer. 1051 00:56:05,295 --> 00:56:09,765 They take out the cell stops, but after it hits the 69 82 level or 69 1052 00:56:09,765 --> 00:56:11,355 80 low that we would have identified. 1053 00:56:13,425 --> 00:56:15,975 Was there a nice, responsive, uh, moving away from price? 1054 00:56:15,975 --> 00:56:22,695 They're absolutely buying below a short term, low using a 1055 00:56:23,055 --> 00:56:27,015 breaker's swing price rallies. 1056 00:56:28,840 --> 00:56:29,560 What's it doing? 1057 00:56:29,560 --> 00:56:31,960 It's closing in the fair value gap in here. 1058 00:56:31,960 --> 00:56:33,400 Price prices only delivered on the downside. 1059 00:56:33,610 --> 00:56:34,090 It's low. 1060 00:56:34,120 --> 00:56:37,000 It's a little bit balanced in here cause it's back and forth and consolidation. 1061 00:56:37,420 --> 00:56:43,180 But from this low here, not the long candle, but the low rate there to this 1062 00:56:43,180 --> 00:56:44,560 opening, I'm sorry, this high here. 1063 00:56:44,560 --> 00:56:49,510 There's an opening and price where only it's offered on the downside price. 1064 00:56:49,510 --> 00:56:52,720 Rallies up closes in that right there. 1065 00:56:54,250 --> 00:56:56,230 Once it closes it in, does it want to go higher? 1066 00:56:56,320 --> 00:56:57,310 It's balanced. 1067 00:56:57,580 --> 00:57:02,860 So now it's going to go back down to value that's down in here in the consolidation 1068 00:57:04,750 --> 00:57:06,040 and it's allowed to go higher again. 1069 00:57:06,070 --> 00:57:08,350 Is it allowing price to move away from down candles? 1070 00:57:08,680 --> 00:57:10,720 Here's down candle it rallies away. 1071 00:57:10,840 --> 00:57:12,680 Here's a down candle trades back down to it. 1072 00:57:12,680 --> 00:57:13,390 Your rallies away. 1073 00:57:13,720 --> 00:57:15,160 Is it showing willingness to go higher? 1074 00:57:15,460 --> 00:57:15,880 Yes. 1075 00:57:16,450 --> 00:57:17,770 Is it being bought by smart money? 1076 00:57:17,950 --> 00:57:18,430 Yes. 1077 00:57:19,030 --> 00:57:19,690 What's it doing? 1078 00:57:19,840 --> 00:57:23,020 It's reaching for a higher level. 1079 00:57:25,725 --> 00:57:30,255 Between this low in this high what's in here, price delivered on the downside. 1080 00:57:30,285 --> 00:57:31,904 Only that's a fair value gap. 1081 00:57:32,595 --> 00:57:34,125 Price is the only way to know the real and the downside. 1082 00:57:34,125 --> 00:57:37,305 So you're expecting to see what price delivered on the buy side. 1083 00:57:40,605 --> 00:57:41,835 Boom, it balances price out. 1084 00:57:41,835 --> 00:57:46,634 There's a stay there long hell no trades lower, but it's reaching up in there 1085 00:57:46,634 --> 00:57:49,035 to fill that in on a four hour basis. 1086 00:57:50,654 --> 00:57:51,884 What is it doing essentially? 1087 00:57:51,884 --> 00:57:55,215 It's reaching up the, fill that in, but also it's built in the 1088 00:57:55,215 --> 00:57:56,745 idea with this nice move here. 1089 00:57:57,315 --> 00:57:58,215 There's by stops here. 1090 00:57:58,215 --> 00:57:59,235 Folks are trying to short it. 1091 00:58:00,375 --> 00:58:05,055 So they're going to come back up one more time after they filled that gap and it 1092 00:58:05,055 --> 00:58:12,615 moves up into a premium range, high to low at a premium filled in a fair value gap. 1093 00:58:14,055 --> 00:58:15,134 Took out cell stops. 1094 00:58:15,674 --> 00:58:17,805 Price is not willing to stay here long. 1095 00:58:18,134 --> 00:58:19,634 It re reprices aggressively. 1096 00:58:22,334 --> 00:58:26,325 Below the old low, where cell stocks we'll be reaching down into a mean threshold. 1097 00:58:28,384 --> 00:58:31,865 Look at the response in this again, body the candle. 1098 00:58:32,105 --> 00:58:34,745 If you can't buy the low, don't worry about it by the candle. 1099 00:58:35,375 --> 00:58:38,915 One, two, it's a valid order block by it. 1100 00:58:40,325 --> 00:58:43,955 Reach back up into the areas at which the monthly chart has given you. 1101 00:58:45,365 --> 00:58:46,924 Look at the responsiveness of this. 1102 00:58:49,044 --> 00:58:53,274 It's reaching for where the areas are all just based on a monthly chart. 1103 00:58:54,774 --> 00:58:56,004 And here's where we are right now. 1104 00:58:56,575 --> 00:58:57,745 A current market action. 1105 00:58:59,794 --> 00:59:01,625 There's one more thing I wanted to show you before I close. 1106 00:59:01,625 --> 00:59:05,105 I want to go out to a think. 1107 00:59:05,105 --> 00:59:08,884 I seen it on daily. 1108 00:59:11,975 --> 00:59:14,705 Uh, I think it might've been weekly. 1109 00:59:14,765 --> 00:59:15,754 Let me get a second here. 1110 00:59:16,475 --> 00:59:18,575 I knew I should have wrote it down before I started and I saw it 1111 00:59:18,575 --> 00:59:20,765 and I was like, well, let me make sure I make a mention of this. 1112 00:59:31,030 --> 00:59:32,110 Yeah, I think it's this one here. 1113 00:59:33,580 --> 00:59:39,550 The, the low on this candle on a weekly, low was 70 points. 1114 00:59:39,610 --> 00:59:44,650 Uh, 70 point 76 and the high or the open. 1115 00:59:44,650 --> 00:59:45,640 Sorry on that bullshit. 1116 00:59:45,640 --> 00:59:50,230 Monthly order block was at 70, 75. 1117 00:59:52,770 --> 00:59:53,550 I think of it tomorrow. 1118 00:59:53,610 --> 00:59:55,170 Let's go out to a monthly real quick. 1119 01:00:02,160 --> 01:00:02,340 Yeah. 1120 01:00:02,340 --> 01:00:05,460 There's that order block here open is 70, 75. 1121 01:00:05,490 --> 01:00:10,140 Yeah, one PIP, one PIP away from that on a weekly range. 1122 01:00:10,350 --> 01:00:11,010 Not think about that. 1123 01:00:11,040 --> 01:00:14,940 I said this is a weekly range and you're that precise with it. 1124 01:00:15,810 --> 01:00:17,430 Now I would love nothing more to be able to say, look at 1125 01:00:17,430 --> 01:00:18,420 this thing and hit the actual. 1126 01:00:19,275 --> 01:00:23,175 You know, 70, 75, but are you going to argue with that type of precision 1127 01:00:23,205 --> 01:00:28,815 70 point 76 versus 70 point 75, expecting some level of support or 1128 01:00:28,815 --> 01:00:33,645 resistance going lower rather, you know, uh, support supporting idea. 1129 01:00:33,665 --> 01:00:36,075 There should be some buying here and probably should be 1130 01:00:36,105 --> 01:00:37,395 responsive to that level. 1131 01:00:38,025 --> 01:00:39,135 And then look at the response in this. 1132 01:00:39,195 --> 01:00:42,435 After that, I mean, we opened here price traded down, hit that 1133 01:00:42,435 --> 01:00:43,845 level and then traded higher. 1134 01:00:44,385 --> 01:00:45,715 I mean, just alone. 1135 01:00:45,735 --> 01:00:52,395 And in this weekly range, the low was at 70, 76 and the high was at 72, 25. 1136 01:00:52,905 --> 01:00:54,135 There's your 200 pips. 1137 01:00:54,945 --> 01:00:57,555 Now think I want you to go forward with this because I know a lot of you 1138 01:00:57,555 --> 01:01:00,225 are chomping at the bit that you want to get to the short term trading and 1139 01:01:00,225 --> 01:01:05,295 learn my one shot one kill scenario, because that's what defined me as ICT. 1140 01:01:05,295 --> 01:01:11,595 I think, with what you're learning here and apply that. 1141 01:01:12,660 --> 01:01:15,390 And some of your daydreaming today, while you're at the office or we were 1142 01:01:15,390 --> 01:01:18,750 driving home from work today, or maybe some of you were driving to work. 1143 01:01:19,170 --> 01:01:19,530 Okay. 1144 01:01:19,710 --> 01:01:25,170 Think about what that does for your short term trades, how this will outline 1145 01:01:25,440 --> 01:01:30,000 where the market will be reaching for what levels they should key off of. 1146 01:01:30,690 --> 01:01:37,320 It's not ambiguous, it's not, you know, um, is thrown up air for the 1147 01:01:37,320 --> 01:01:39,000 sake of making something match up. 1148 01:01:39,600 --> 01:01:45,510 These levels are specific and by having them apply from a monthly and we only used 1149 01:01:45,510 --> 01:01:47,010 a month, we didn't do anything weekly. 1150 01:01:48,060 --> 01:01:52,620 I'm leading up to you to come up with a way for you to organize your charts. 1151 01:01:52,860 --> 01:01:57,150 Preferably I would personally think that if you had a monthly chart 1152 01:01:57,540 --> 01:01:59,400 separate apart from the weekly. 1153 01:02:01,200 --> 01:02:02,940 I have a daily chart separate as well. 1154 01:02:03,210 --> 01:02:05,580 That way you can always look at where current market action is 1155 01:02:05,670 --> 01:02:06,900 in reference to those levels. 1156 01:02:07,500 --> 01:02:13,500 But if you're kind of like me, I have to teach you with usually one or two 1157 01:02:13,500 --> 01:02:17,160 charts, because I can't show you my, my platform because I'm not going to be 1158 01:02:17,160 --> 01:02:18,690 hooking up my internet, access to that. 1159 01:02:19,470 --> 01:02:22,799 So you guys can have access to seeing all those types of things. 1160 01:02:22,799 --> 01:02:27,600 If you want to be, uh, you know, unsavory, the point is, is you're 1161 01:02:27,600 --> 01:02:30,810 going to be able to have to come up with a way for your own organization. 1162 01:02:31,440 --> 01:02:37,410 You can use one chart and you can use the monthly, the weekly and daily levels 1163 01:02:37,440 --> 01:02:41,250 and for our levels all on one chart, but your charts are gonna be very busy. 1164 01:02:41,670 --> 01:02:45,150 And the way you reduce that is this use a line segments, and that would 1165 01:02:45,150 --> 01:02:48,110 be done like this, this use this little thing over here and say, 1166 01:02:48,240 --> 01:02:49,890 this is the level you want to use. 1167 01:02:50,580 --> 01:02:52,430 You draw it on here and you draw it out. 1168 01:02:54,765 --> 01:02:55,155 Okay. 1169 01:02:55,185 --> 01:02:56,235 And then there you go. 1170 01:02:56,235 --> 01:02:58,725 The problem with that is, is you're gonna have to do a lot of extending 1171 01:02:58,875 --> 01:03:00,675 sometimes to keep those levels updated. 1172 01:03:01,455 --> 01:03:04,185 That may be too much for you to be bothered with. 1173 01:03:04,935 --> 01:03:07,275 I'm sure some of you that create indicators could create something that 1174 01:03:07,275 --> 01:03:12,285 keeps extending that, you know, as time goes on, I'm not aware of, uh, 1175 01:03:12,315 --> 01:03:16,665 how that could be done personally, but that's how I do my charts. 1176 01:03:16,875 --> 01:03:19,935 I mean, I only, I only follow a few payers. 1177 01:03:20,325 --> 01:03:23,385 So to me to be extending that it doesn't make a big deal. 1178 01:03:23,415 --> 01:03:25,185 I always extend farther than I really need anyway. 1179 01:03:25,185 --> 01:03:29,025 So bison some time and on a weekend Saturday, I usually just extend 1180 01:03:29,025 --> 01:03:30,735 it out and set my charts that way. 1181 01:03:31,365 --> 01:03:37,215 But I want you to think by using this example here with the Kiwi, 1182 01:03:37,605 --> 01:03:43,155 uh, we, we outlined the fact that this market had a bullish profile. 1183 01:03:43,395 --> 01:03:44,655 It was not in consolidation. 1184 01:03:44,655 --> 01:03:45,945 It was showing evidence that it was being. 1185 01:03:47,280 --> 01:03:50,940 Uh, we were already talking about, um, all of the, and Keb being bullish 1186 01:03:50,940 --> 01:03:55,140 because of the interest rate differential between them and all the other countries. 1187 01:03:56,100 --> 01:03:59,640 So there's a built in Tennessee for these currencies that want to be bought, uh, 1188 01:03:59,670 --> 01:04:03,270 there's this there's an interest rate differential that would be a new favorable 1189 01:04:03,270 --> 01:04:04,560 for traders that want to buy these. 1190 01:04:06,030 --> 01:04:10,470 Then coupled that with applying the PDA, uh, uh, levels that we just 1191 01:04:10,950 --> 01:04:15,600 outlined here, excuse me, and look how much action you get off of them. 1192 01:04:16,230 --> 01:04:17,250 And they're not zones. 1193 01:04:17,760 --> 01:04:21,270 They're not levels that move all around and gyrate and morph into 1194 01:04:21,270 --> 01:04:22,290 something different all the time. 1195 01:04:22,590 --> 01:04:25,230 They're static levels, they're static price levels. 1196 01:04:25,710 --> 01:04:28,860 And the general rule of thumb is if you're above one of these levels, 1197 01:04:29,220 --> 01:04:33,420 you round that level up to the nearest five or nearest zero level. 1198 01:04:34,260 --> 01:04:36,030 If you're below the market level. 1199 01:04:36,600 --> 01:04:36,870 Okay. 1200 01:04:36,870 --> 01:04:40,230 One of these lines that you have in your chart, you round down to the nearest 1201 01:04:40,230 --> 01:04:42,360 five level or the nearest zero level. 1202 01:04:42,930 --> 01:04:45,840 Me preferably, I like to look at the institutional levels, the. 1203 01:04:46,905 --> 01:04:49,245 Twenties in the fifties and the big figure levels. 1204 01:04:49,725 --> 01:04:52,845 I'm not trying to fancy dance and get the last piece of the pie. 1205 01:04:53,325 --> 01:04:55,155 I leave that for someone else. 1206 01:04:55,455 --> 01:04:59,235 And sometimes if I'm down here trying to get out and a move that would get 1207 01:04:59,235 --> 01:05:03,375 me out here and I missed this big WIC, congratulations for those that stayed in. 1208 01:05:04,185 --> 01:05:06,855 But guess what, if you were waiting for this, you never got it. 1209 01:05:07,875 --> 01:05:12,255 So I want to make sure I have the highest probable exits if I'm using these levels 1210 01:05:12,255 --> 01:05:16,185 as targets and same thing as said, if I'm going to be keying off those levels 1211 01:05:16,275 --> 01:05:22,035 as entries five pips ahead of the level, regardless of it's at an 80 level. 1212 01:05:22,245 --> 01:05:26,475 And I think that the, uh, you know, the levels 85, I'm getting into 75. 1213 01:05:27,045 --> 01:05:31,725 I want to make sure I get in the trade and I built in enough cushion for the stop. 1214 01:05:32,655 --> 01:05:35,775 And that's what we'll talk about later in this month about, uh, 1215 01:05:35,805 --> 01:05:38,475 entries and actually have a manage the stops and all that business. 1216 01:05:38,475 --> 01:05:40,995 But again, I'm giving you a framework to. 1217 01:05:41,955 --> 01:05:46,185 And a relationship to the homework assignment I gave you, uh, for the Kiwi. 1218 01:05:46,965 --> 01:05:48,645 So you may not have these levels on your chart. 1219 01:05:48,855 --> 01:05:52,935 You may not even seen this in your price action and that's okay. 1220 01:05:53,235 --> 01:05:54,375 You know how to do it now. 1221 01:05:54,404 --> 01:05:57,195 And you know how to do it going forward, all the pairs in the markets you trade. 1222 01:05:57,615 --> 01:05:59,625 But this is the reason why I teach in everyone. 1223 01:05:59,625 --> 01:06:01,785 That's very efficient with trading. 1224 01:06:02,505 --> 01:06:05,325 If they're very technical and they have a specific concept in mind that 1225 01:06:05,325 --> 01:06:08,445 they trade with, they don't trade a lot of pairs or asset classes. 1226 01:06:08,445 --> 01:06:11,325 They have one thing that they specialize in and that's what you should do as well. 1227 01:06:11,895 --> 01:06:15,585 So I'm going to close it here and encourage you to do your study on the 1228 01:06:15,585 --> 01:06:19,154 daily and the four hour you can do the weekly, but, uh, you know, just 1229 01:06:19,154 --> 01:06:21,795 for now, just for sake of tomorrow's discussion, let's look at the daily and 1230 01:06:21,795 --> 01:06:23,145 the four hour levels on the key way. 1231 01:06:23,475 --> 01:06:27,555 And we'll refine all this in the, another teaching for live session for Wednesday. 1232 01:06:27,975 --> 01:06:30,435 And until I talked to you, then wish you good luck and good. 104496

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