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Good afternoon folks.
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Welcome back just a
quick afternoon review.
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Okay.
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Dollar index is our price.
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Come down, treat into our weekly or
block mean threshold between the body
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of the candles open here and close
and also middle of this down candles.
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Well, it was hit today a 100 point 87.
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Saw a little bit about
retracing off that level.
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On a four hour, you can see it came down
close in that little player value gap.
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We mentioned yesterday and naturally
inside of this small little area
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of market structure came right
inside that little pocket of price.
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And that's where we were stalling.
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Again, we're sitting right on top
of that weekly go to block in here.
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So we'd left the equals.
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So it'll be interesting to
see what we see going forward.
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Are they going to come back up and clear
out the equal highs and make it run into
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our February gap on a hard timeframe?
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Or are we going to leave that intact
for a little while and make it run
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for the cell stocks below here?
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Because there's no real void in here on
this lower timeframe for our, there is
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a liquidity pool resting below this low.
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That is coupled also with
this last down candle.
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And the main threshold of
this down candle as well.
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And we have a monthly bullish breaker
at that same level right below here too.
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So, um, we have a few things that we
could see price want to reach down for
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if they want to keep these levels intact.
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You're a dollar today.
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Um, on the heels of yesterday, running
down below the bodies of these candles
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in here, again, re disregarding the WIC.
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The nice little snap book that we
saw intraday came back, came up
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into left this little portion of
a gap or liquidity void in tact.
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Still, this may require one more rally
up in the closest little pocket of price.
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Action.
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Let me see if I can get that to
show up and low comes in at one or
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6 0 4, so we could potentially see
one more push up for another 10
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pips run above this candle's high.
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The closest thing, it doesn't have to do
it, but it certainly looks like it could.
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Uh, so we could see
that probably on Friday
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cable.
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Finally, this thing downtrend broken.
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Stayed in consolidation, we had
buy-side liquidity drawn out and the
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level identified upside objective.
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We didn't believe it was going to go
lower and went right to the PIP on 25,
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60 level above the rejection block.
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Um, it was really nice
to see that happen today.
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Um, still though nothing
has changed on this pair.
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I like to see and get a
little bit further ahead.
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Um, I am excited about the fact
that the daily chart is no.
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Moving higher.
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So if we can get, uh, another little bit
higher on this run on a daily, that'll
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give me a little bit more confidence
to, to anticipate lower dollar index
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and, and potentially a higher cable.
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If we do move higher and we are
in fact, turning the corner here
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to leave this consolidation, we
will be looking for the 1 28 big.
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And 1 29 level about this here.
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Uh, but we do have the rejection block.
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That's not noted here, but we'll
just refer to it real quick.
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In terms of the close 1 27 25, that
would be our objective before we get
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to 1 27 90 and then 28 big figure.
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So really nice intraday action on cable.
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Yesterday's 1 30, 2 10 to the PIP level.
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Identify from our markups on.
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Our homework, uh, again, proved to
be pretty solid in terms of, uh,
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calling where the market may reach
and respond to my right to the PIP.
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1 32, 10 strong rejection there.
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Uh, we came down below the
bodies of these candles.
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They'll have a rejection block
noted on the four hour here, but we
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did come down and clear that out.
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Now we do have a small
little void off of this.
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Up-close candle and the clothes.
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I'm sorry.
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The loner is 1 30, 1 32.
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So we could potentially come
up and close in that gap.
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We left a high and a low price has only
been delivered on the downside here.
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So just be mindful that so we could
see price closing that gap between
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this low in this high price and
alignment delivery on the downside.
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So we may come up here and punch
that, close it in, and then maybe
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resume lower, still aiming for that
downside of debt of one 30 big.
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All of $8.
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The heartbreaker today, I mentioned
in our live session today, we're
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probably going to see it fall short at
that seventy seven forty four level,
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we call it seventy seven forty five.
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Australian dock just fell one PIP
short of our objective, 77 44.
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Was it high today?
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We were looking for 77 45 a that's
how it is sometimes, like I said, I
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mentioned it in the session today.
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Ask anyone else with the mentorship.
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This would be a failure.
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But it's offered some rain today.
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So it did trade an opportunity for
you to make some kind of a profit,
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uh, there's been questions about, um,
you know, what's the deal with the
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swing trades and all that business.
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Um, we mentioned a few.
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This month that we're potentially going
to move a significant amount of range.
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Um, we'd like to look for two weeks
or longer for our swing trades.
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Um, there's a few that met that criteria.
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Uh, obviously silver was one gold was
another and Australian dollar was another.
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Now we didn't get the level down here
that I was looking for for a swing trade.
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This was a missed opportunity out here.
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We did get a little bit of a short.
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Uh, drive to the level.
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So there's nothing I can hang my hat
on, except for, you know, we went one
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step away from the objective did see
it continue apart from that, nothing
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really, uh, exciting about the Aussie
Europound went up into our levels
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and we're now we're looking for it to
continue rolling lower and we'll be
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looking for the next level is 3 45.
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Uh, downside objectives in here and
then maybe around the old, whoa.
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Okay.
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Gold hit our objective.
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Uh, 1 12 50.
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Uh, this was a swing trade idea, and it
was outlined before the fact in real time.
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So we do have a swing trade
that has been utilized using the
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concepts it's been outlined for.
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The technicals and we've seen over
$4,000 that would have been available to
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everyone that follow that, that criteria.
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So you can see that there's
been an opportunity presented.
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Uh, they happen every
four to six weeks folks.
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So while there may be movement
on your charts, it doesn't
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equate to, this is a trade.
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Let's take it right
now in this Dogpile in.
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Um, as a reminder, sling trades
will continuously be referred
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to throughout the mentorship.
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So if there's something that's
forming on a hard timeframe chart,
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I will draw your attention to it.
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If it's not high probability
and it's not low risk, I will
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not draw your attention to it.
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But as we adopt more of the
curriculum behind us, uh, every
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time we see a new setup in the.
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Um, form of trading or that discipline
of trading, whether it be position
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or swaying or short term trade and
day trade we'll refer to it as such.
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Okay.
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So gold we've finished our
run to our objective at 1250.
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We may see it go to 1255.
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Apart from that, I have no
opinion on it, beyond that.
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So I will be standing on the sidelines.
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Now gold has met in my opinion, my
objective silver traded to our 18.
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Dollar and 20 cents objective.
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So it did in fact, uh, trade rate
to our level today, I was very
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pleased as you can probably hear in
our recording, the, uh, the market
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finally did in fact, give us a level.
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And again, this was, uh, a little
bit of a move down to here off
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of, uh, the one we refer to 17.
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75, 17 80, uh, about 40, 40 point
move took a little while to come to
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fruition, but certainly an opportunity
there that finally came to fruition.
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We've mentioned that this is not a good
market to trade through a FX broker broker
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and say, if you are going to be trading
metals, you want to be doing it through
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a commodity broker of some sort, not
through your empty for a meditator plus.
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Okay.
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So if you look at the futures
contract, it actually did better than
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this, and that's the business folks.
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Um, I'm going to a close, uh, here,
remind you in summary that we will have
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it prerecorded session teaching tomorrow
at two 30, and it will include at the
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very end of that teaching a weekly recap.
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So I'll do two birds with one stone
and close our week out with that.
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We will have a live
session again on Monday.
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Morning at 9:00 AM as the
registry link shows for today.
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And I will see you online then tomorrow
evening at 8:00 PM Eastern time.
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That's New York time.
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We will have both of your lessons, the
final lessons for swing trading online.
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So be provided to you in
time for you to study.
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And if you have any questions
that need to be addressed, we will
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have that session for Tuesday.
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In the light session at that time.
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And until then, folks, I wish
you good luck and good trading.
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Have yourself a pleasant evening.
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And I'll talk with you on Monday.
14284
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