All language subtitles for 030917_l EN (M)

Welcome back.

Good morning folks.

Uh, just to read real
quick, uh, observation.

This is my, my effects book
for the Robins contest.

I told you all, you would all
be made aware of what I was

doing throughout the process.

That's.

Kind of like a, an added bonus.

You get to see me doing live trades, uh,
and in my effects book setting, or you

guys can see what I'm using, why I did it.

I gave you a journal entry yesterday.

How are we doing the
same thing again today?

And it will be incorporated
as part of their daily recap.

So when I do the link for today's
content, it'll, I'll also prompt you

in the video that there is a new.

Journal entry for, uh, for the trades I
made in the yen and I chose the Yan on

purpose because I first, I hate the pair.

I load that pair.

I don't like that currency pair
at all, but just as a kinda like

a, I dunno, a token of, uh, just
needing to do it one more time.

Firstly, just to take the,
uh, The question of why I

never touch or talk about it.

It can, I, can I trade it?

Cause I get questioned a lot and
it's not by people that are in our

mentorship, but they're books that are
in our free stuff that I get email on.

I'll ask you why, what is it about you?

I don't like, well, yesterday we talked
about, um, the equal highs that was

left intact, and that was what I made
a low resistant liquidity run long.

And I'll show you that in a second,
but the, uh, um, China, um, workout the

EA that's necessary for the trick, the
track record, not being verified and,

and trading privilege is not verified.

Uh, right now I have it set to
it's just going through the public.

Which is like the standard way of
I've always done it that way, but

apparently something's happened.

They do things now there where
they require you to use an EA.

And I'm sure some of you already using
my effects book and I thought I was

gonna be able to sit down and just do
a quick, real short video and show you.

Okay.

Let's do all this.

Okay.

And it may be just enough to do
it like this because I'm not ready

in here encouraging you all put
your mind to X book on free time.

But if you have it hooked up to
a my effects book, I don't care.

Personally, if it does this stuff up here
for you, like if it has these red Xs,

like I said, I'm not grading you on that.

It's just a way for you to keep track of
your, your, uh, your learning and prove

not only to yourself, but you can share
it with me as kind of like a report card.

I'm not insisting that you do it,
but some of you are already doing it.

And some of you don't really know.

But, uh, because I am in a contest and
I am trying to prove accountability.

I have to overcome these little red Xs.

I have to make my stuff 100% verifiable.

So that way there's no question.

Cause I don't want to be
accused of doing any kind of

doctoring of anything, but the.

In the mentorship.

Um, if you go through the simple process
of knowing and linking to my FX book, um,

and again, I haven't looked in the form
to see if it's been done already, but I

would appreciate if it hasn't been done
yet, you would save me a great deal of

time and also helped me also personally,
um, in regards to on a Frenchie mentioned

it, it's a rather simplistic thing,
but it's proven hard for me and I'm

not sure if I'm missing something.

But I downloaded the EA and I tried
to go through the process of changing

the, uh, the investor password.

So that way it can read it, but it
doesn't, it won't, it won't verify it.

And it's been over two hours.

It says we wait for two hours and
it says, put a pending order in.

And I tried doing that.

I put a limit order in to buy
in like a hundred pips away.

So it wouldn't get filled
and it just wouldn't do it.

So I'm not sure what I am doing wrong.

And that's the reason why I haven't made
the video about hooking up the . The

way I'm doing it still leaves me with
this unverified track record stuff.

I mean, it's all, it's all stuff that,
you know, it's, it's really here.

I mean, these are all
traits I've taken by the.

And you can see that.

Never say that two trades in yen.

I did, but I want to go over
the details with, uh, the

actual yen trades in the recap.

So in the journal, you actually
skipped the details and such,

and I'll give you, uh, the screen
captures of going into the browser.

You can see it.

But that's why we're not talking
about my effects book from

a video standpoint from me.

Cause I don't know how to properly
instruct you to get it to work.

Cause I can't get my own to do it.

But I'm asking the folks in our group
that are aware of how to set this EA up.

If it's something you can do to help
me, I can do a private session and

we can kind of like walk through
it and I can get myself set up.

Cause I have to have it done.

The last Friday of this month, otherwise
I've not held up my end of the bargain

and I want to make sure I do do that very
thing, not only for you all, but I also

want to make sure that the people that
are watching the free stuff, um, they,

they get to see real accountability too.

Right.

So that's enough of that.

Let's go to the charts.

I see dollar index, we had equal
highs, still left in tact and price.

Make a little, slightly higher high
today in today, but we failed to go

above this previous high formed on

March 2nd.

So now we have a much more defined,
equal, high and objective in here.

That's still yet to have been
traded to now it could still

happen, or if they leave it undone.

In other words, if they don't trade
a higher high today, uh, the red

line that we have highlighted here
is this delineating the one or 2 25.

So we don't trade up there today and
we just basically stayed sideways.

What we're going to expect in
tomorrow for non-farm payroll is

a move through that equal high.

Now it could be traded up
through and then rejected, or it

could trade through and expand.

And I don't know that yet.

I'll have to see what London gives us
before the New York session tomorrow.

Which is now, I'm going to remind you
what I was saying to the folks that were

here early, but, uh, I got a little ahead
of myself scatterbrained this morning.

I'm tired.

I've been up all night, but
the, the live sessions okay.

Are going to be replaced with
pre-market analysis videos.

And the reason why is because of.

Live sessions and variably.

I see comments posted or questions
posted, and it'll allow me very

easily to be distracted by that.

And I'll start talking about things
and make the videos very, very long.

And I have seen where my live sessions
may be instructive in some ways I think.

Invariably missed out on some
really good analysis points that are

more, in my opinion, more essential
to you and your learning because

we have to be doing setups now.

Okay.

So if I limit myself to pre-market
videos that I can do under 10

minutes, and yes, I can do that.

It's basically what
I'm doing in the recap.

So you're going to it's it's in my,
in my capacity to be able to do it.

Um, I want to be able to have that video
done before eight o'clock in the morning.

So I want to have a deadline
every day, Monday through Friday.

That you'll have the New York
session pre-market analysis.

When we get through this month's content.

Now I'm not saying we're never going
to have live sessions because we are,

but to help me facilitate you all
that are not here live right now.

And also the Olivier alleviate the
necessity for you all to sit here,

live with me because I'm talking many
times when there are things to be

paying attention to, and I'm trying to
service everyone, but I can't service

everyone because if I have, if I'm
answering a question that comes across

the, the box live, it takes away from
my attention from either talking about

something I intended to talk about, or
actually something from the marketplace.

So since we're in the halfway point
of this mentorship, I have to start

giving you setups and you have to
start executing on the content.

So the way that's going to happen
is if I give you the levels, the

ideas, the liquidity pools, that
the market should drunk, a draw

to going into New York session.

Uh, I'll give you every thing
that I would possibly put money.

And outline everything as, as it is.

I can do it all in less than 10 minutes.

So, you know what you'll know what I'm
looking to do, you know what my objective

would be if I take an entry in where when
stopped going to be at, and we would take

for me to manage that stop is that we
have an idea about everything going in.

And then it allows me to update
throughout the day through a post on the

forum that I can tweet your LinkedIn.

Um, it frees up our time.

It frees up my time and
it also helps me service.

The folks that can't be here, live
that are paying just as well as you are

here to join me on a day-by-day basis.

And it's more refined.

So it'll give me a lot more freedom
to number one that I have to trade to.

I found talking and I
can't trade and talk.

I've already told you that
I can't, I can't focus.

I can't do it.

So to alleviate that and also give
you all, basically what your all.

Admitting to most of you, you
want signals and you want set ups.

So we're going to start doing that
type of thing so that we can start

utilizing your demo accounts and
hopefully, you know, map out your

results with the, my effects book.

So I'm saying this again and
repeat it for him because I started

to say it before I started the.

This is going to start tomorrow morning.

So we will not have live sessions in the
capacity that we're doing now, unless

there's a teaching that is in concert with
something that is germane to a lesson.

Okay.

And I, right now, I don't see it for
the next week, but it can change.

Obviously, if somebody comes up
with a, uh, an inquiry or something

that I can do a session, but.

Since we're doing short-term
trading, that's kind of like a

set and forget type trading style.

You know, I I'd like to put my orders
in, let them be triggered and let

the trade do what it needs to do.

Uh, day trading will have to be
in here every single session and

literally going through it live and
talking about it because there's

so much information at the process.

And I kind of like, don't want to burn
myself out, but burn myself out, going

into that because April is a very,
very, very busy month because every

day, except for Monday, we gotta be
in here during the New York session

and the London session for at least an
hour, at least an hour of each session.

So that's gonna take a lot of time
and it's going to be grueling.

So I'm trying to avoid doing too much now
and also provide a lot of things on there.

Some of you are really itching
to start using this stuff.

This way you'll have the
pre-market analysis video.

It'll be short direct to the point.

You'll be able to digest
it before eight o'clock.

So at eight o'clock you have about
20 minutes to 30 minutes before

the heart of the London, sorry,
the New York session starts.

So you'll know what you
should be expecting, what I'm

expecting and how to trade it.

Okay.

And you can practice your demo.

Counsel.

You'll have every single trading day.

There will be something
to exercise or train.

Okay, and you need to be
doing it in your demo account.

And I will highlight, uh, in my
opinion, the highest probable conditions

across the board, there's going to be
something in just about everything,

but you need to be aware of which
ones that's most high probability.

And I'll be able to scale that for
you and, and tell you where I'm

really focusing my attention on, but
I'm not going to tell you exactly

where I'm going to get in it until
it comes up, what pair, but I'll tell

you which ones I really, really like.

So.

That's that, um, like I said, if we
don't see that 100 to 25 level trade

to today, they're leaving it there
for non-farm payroll tomorrow, which

we will not be trading, but we will
observe certain levels that they

may run for in terms of liquidity.

I was expecting and hoping that they
were going to expand dollar last

night through the London session, I
stayed up and watched all through the.

And it kept flirting with wanting to
go higher to wanting to go higher.

And it just fell short.

Wouldn't wasn't going higher.

That was one of the reasons why you'll
see, I killed the, uh, Medallia yen

trade near very close to the highs.

And I wasn't willing to sit
through any of the retracement

that may otherwise be healthy.

May even start to expand higher when we
talk about you in a minute, but I wasn't

willing to sit through that because.

You had already met my objective.

And if we see weakness on the dollar
and an unwillingness to go higher,

when I'm basically long dollar,
by being long dollar, again, I

can't hold dead Dolly and trade.

I have to bail and you need to have all
of these conferences working together

for you to have highest probability.

And because we were in London, It could
have been very easily, this forming the

weekly high or the daily high in this
never even come back from those levels.

And that's what you also learn about
with the day trading, because you have,

you'll be able to blend those types
of things with short term trading and

entries on swing and position trading.

Not that it's necessary, but it
helps in terms of keeping the risks

down and trimming your entries.

You're a dollar.

Uh, we had a fair value
gap that wind down.

All all here, price delivered
on upside after leaving these

equal highs price, fill that.

And we had a level of 1 0 5
31 to five 30 was the level he

came down and hit that level.

So it bounced around the considerable.

And that was a nice little
move there, but I was not long.

I was not looking to go long, but this
is the reason why you have to identify

the PD arrays that you're aiming for.

This fair value gap that we
have outlined and talked about.

That was the catalyst of why it
bounced it's fulfilled its range.

And everyone that was short on
this year, dollar had a willingness

to want to collapse their short.

And why would they want to do that today?

Think about this.

And this is something for your notes.

Why would, why would there be such a
rush for institutional minded traders

to collapse their short positions that
they may not be completely entirely.

But why would there be a large degree of
profit taking after this has been filled?

Because tomorrow's non-farm payroll and
professional traders, except for market

makers stay out of the marketplace.

No, on short-term basis.

Also the weekly range is being squared,
so they're not going to want to hold

on to anything going into the weekend.

And this is the most logical.

To cover these positions.

So this is the reason why you have to
aim for these and know what they are.

And while they may be traded through
that's our hope to see if we are

in a bearish market, these bullish
ideas or discount PD arrays, because

this was below price back here.

If it hits that level, we have to
reasonably expect it to possibly

hold price at a consolidation
or bounce, but we want to look

for them to be traded through.

But in this case, it's an objective
from back here when we were

looking for price to go lower.

But look at the responsiveness there.

If you don't understand PDRs.

This is a beautiful illustration of
why you need to focus on studying them.

And if you don't want them right away,
you've got to really go through the

charts and really note them all over
time, different timeframes, and it

helps you be able to pull those out.

And today's is a wonderful example.

When, when they're filled in, you
get this time for reaction, and it's

coupled with the fact that we're going
into non-farm payroll and sensing.

Nobody really wants to trade that day.

And a lot of people squared
their positions here.

I don't believe that.

This is indicative of a turning point
or that this is a continuation either.

Uh, this was the only
objective I had for now.

And if it goes below, here, then obviously
it's going to reach for these equals.

I don't see anything in here to indicate
that it's going to make another run lower

or that it's going to go higher from here.

I just think that this is swearing.

Position's going into non-farm payroll and
non-farm payroll is kind of like a hiccup.

You have to let that
speed bump go through.

And then I like to see what happens a
day or two after non-farm payroll to

give real clear indications of what
markets will want to reach for or so.

And, uh, basically the
first week of training.

Uh, because we go onto non-farm payroll
now, technically it's not the first

week of trading because we're really
the second weekend in March, but then

week of non-farm payroll makes trading
typically difficult, but we had a

little bit of a late start in terms
of that because of non-farm payroll

being in the second Friday of March.

So it'll be interesting to see if we
stay in a range between this high.

In the load it's been for them today.

I like to see it stay in that range a
little while and leave the equal Lowe's

down here and let dollar get sorted out.

Cause I don't really want to see
dollar go up above equal highs

tomorrow, rejected and slammed down.

I don't want to see that because that
makes it difficult for other payers

because this pattern here of higher high,
higher, high, higher, high, higher, high

than rejected and came all the way back
up one more time and then it's been lower.

It doesn't look.

You know, it could, it could very
easily start going up here and

make longer term moves higher.

I don't see it that way though.

It doesn't make sense to be
bullish where we're at right here.

It makes more sense where the
come down and take out the equal

lows, then obviously then it
would make sense to go higher.

But the way the market structure is
here, it just is, this is a mess.

You know, this is really a mess.

So be mindful that, you know,
if we start to really tear off.

Going lower tomorrow after non-farm
Fontera with the dollar index.

Um, we could see some upside on your
dollar, but I don't want to participate

in that because I don't know what to,
I don't know what to reach for in here.

It doesn't nothing in here really
stands out as a nice area to reach

for, because this has been a Ronald
stops above these highs over here.

So I don't know what
would be the obvious draw.

Apart from this here.

And I just don't, I thought
didn't make any sense to do it.

So if it doesn't make sense to me
technically, or I can't see where

the institutions would want to put
their money, I'm not trading it.

So the whole despair, most likely not in
a consolidation to allow funds to build

their opinion about what it's going to do.

And then when they build an
opinion, They're putting trades on.

And when they put a trade on, their
stops are placed and if their stop

losses in the marketplace in the form
of large funds, then there's liquidity.

That's where the market's going to run to

cable.

Uh, this one's had a hard time getting
below our first objective in here.

Uh, the fair value gap did
not get filled in here yet.

I suspect it's still made happen.

But it's not likely to happen today.

Apparently.

Um, we tried to go two times yesterday
and today intraday couldn't do it.

And if you go into a one
hour chart, uh, we have small

little fair value gap in here.

Nothing terribly obvious, but
it looks like it could very

easily get up and closing that.

Yeah.

So we had buy-side delivery here,
starting from this is Campbell's low here.

And then we had buy-side
delivery on this candle up here.

And this only single candle is the
portion of which we're price has

only been delivered on the downside.

So the rebalance that they
should be an up move in.

We have some relatively equal highs.

So what does that equate
to in terms of range?

How much is that?

I can get this whole thing and the
way, not much at all, really about

15 pips or so, and that 15 pips.

So we can watch for a scenario like this.

What is that level?

21 60 21 65.

You could pop so that you hit that and
then expand up into the 21 90 21 95.

Closing that range in here.

Um, if it really expands up and dollar
starts the state in a tight consolidation

or sells off, we can make it run above
these equal highs in here as a day trade.

Um, I don't want.

I don't like to trade a lot, but if
you're looking for something to practice

with today, that's this one you can do.

Um, I don't see it making a top
like this and then going low.

I don't see that.

It would make more sense where to
go up here, closing that fair value.

Gavin, then roll over and go lower.

Take out the equal waves.

That would make more sense to me.

This is another pair I will dive
in to talk about this morning.

We had a fair value get closed in
over here, actually traded through it.

And I said, if we got to that
point, we probably wouldn't stop.

We're going to expand up and take out the
equal highs as we see I'm going to include

this because I think it's punctual.

Please do not use my personal
phone number to ask me for live,

uh, instructions about a market.

And I'm going to reply to the
text messages to my phone number.

So please don't do that.

And plus I'm doing a live session now.

So why would you even think to do that?

The a fair value gap was filled in here.

I said, if we got to this point
here, we would want to make a

run date above these equal highs.

And that comes in the form
of 1 35 82, 1 36 big figure.

And that may be.

What we see happen.

It could happen even today.

Um, if it doesn't think about this
scenario, we just outlined potentially

for non-farm payroll tomorrow.

If we see the dollar index gets
sent higher on the response of the

non-farm payroll numbers that will
give this thing, jet fuel to run

it a wonder 1 36, big figure as
well and clear out these equalize.

If we take out these equal highs on this.

That may be a really long, long, long
long-term trigger for large funds to

start really pouring money into this pair.

And any kind of retracement back
on this timeframe would give us a

swing trade that we could hold for
a long time, not just a regular

old, you know, two weeks to a month.

It actually could end up becoming
something much longer term.

Oh, I have to wait and see what
that does over here, but it's nice

to see this pair really react.

We talked about the expansion wanting to
be like strong, big red, big red, big,

big green candles and there's red area.

And it did that.

We did it.

That very thing didn't have any kind
of retrace and Frank kind of stops.

So that means they're very,
very interested in seeing the

Canadian dollar real lower.

And we talked about that in the future.

Smart.

Relative to the open interest increasing
and the trading range environment.

And they increased their short positions
in the commitment traders report.

As we showed in the video, when
we discussed that, I'll include

all this in a week recap as
well, and on the weekly recaps.

And I'm actually going to
start including the cot data.

So I'll actually give you my spin
on what the commercials are doing.

So our weekly recaps are going to
have a little bit of more information,

but it's only, we've done a lot
on a weekly basis on a Friday.

So that way you have more time
to study them on the weekend.

But it's going to give you my,
my, my interpretation of say,

like that, of the hedging program.

So you'll actually see me, give you
what I do with the cot data every week.

And I'll tell you what they're
doing with their heads.

You know, are they
buying, are they selling?

And you'll get what I'm talking about
when we start doing it tomorrow, but

it's only going to happen on Friday.

So please remind yourself, make
a notation that you only look for

the cot discussions on Friday.

Wow.

And all that, not only on the
Canadian dollar, but we're still

doing it on all the other currencies.

So it gives you a great insight with smart
money's doing what their intentions are.

So we're still looking for some
upside on Canadian dollar or dollar

cap, but lower Canadian dollar
futures, all the dollar traded down

into this last down closed candle.

Again, we want to see
a trade through that.

And leave this shaded area untouched.

So that way it can go up, create some
kind of a little retracement, if it does,

then that would give us another selling
condition or distribution point where

we can sell off and go into this shaded
area and ultimately trade back down into

this down candle here on January 6th.

So far, it looks good, but uh,
we're waiting for the next drive up.

And then, then we should
see really big candles down.

I like the fact that we don't have that
one big down candle here and today's

been relatively, it's still down enough.

It's considerable for a day trading
scenario, but it's not huge.

And that's good because I think the next.

Little pop up or short-term hide.

It may be forming.

Then we'll see big, big down candles.

That's when everybody will be
drilling Dogpile and it's going to

be on the heels of one of these down
candles as mitigation takes place.

So anything they use to go long over
here or over here, that's going to be

the catalyst to find the short over here.

And we'll talk about it as it happens.

And then we won't miss this one.

This is what I'm looking for here,
but we don't want to sell this.

Prematurely, because it's, again,
it's, it's fundamentally strong.

Compare that to, to
the New Zealand dollar.

Now it's a new brand, you know, all
the, uh, all the New Zealand and this,

that pair should be raging higher.

As a matter of fact,
let's take a look at that.

I wouldn't talk about it,
but let's take a look at it.

Yep.

Take it back to a daily.

There you go.

So you can see graphically the
relative strength in Aussie dollar

versus the museum on dollar.

I don't trade crosses like this, but
you use this pair like Euro pound.

When we use the trade Euro and cable
or British pound, we look at a year.

Well, if you look at the Aussie New
Zealand and it's telling you, it's got

relative strength to it, and this is the
reason why I was advising like Troy and

everyone else there, you're all welcome
to do what you gotta do to take a trade.

Okay.

And I'm glad that you didn't listen to me.

And you did something.

You made money with it, but me
personally, I can't sell short the

currency that makes this bear go with.

It just goes against the whole thing.

What I teach it's goes against the grain.

So then I'm okay with that.

And I've said it before.

I can see markets move in a different
direction than I thought it would happen.

I'm not losing money on that.

And I'm okay with letting that move.

That's been dropping in a falsy dollar.

Now I can let that one go because
it doesn't make sense really to be

in that one because of this relative
strength seen in the RV, all these, the

first pair in this name or the crop.

Okay.

So if this pair is going up, that means
it's stronger than New Zealand for Kiwi.

And we can see that graphically with
the New Zealand dollar here in relative

terms to the Aussie overall, it's been
relatively strong and it just doesn't make

sense for me personally yet, even though
we call the move here, the wonderful

little reactionary to me, it still
doesn't make sense for me to take that

trade until we get through this downtown.

Then, if we rally again, then we have a
confirmed market maker cell profile, and

then this pair will most likely want to
catch up to a Kiwi's done, which will

be done in big, big candle fashion.

Okay.

So it's just means this one's going to
come to the party a little bit late, but

you have to wait for the scenarios to get.

You're a pound, this thing, it just
keeps making higher, higher wicks.

Okay.

And I don't know if it's going to make
a rip and run to closing this gap, or if

it's going to get really sloppy in here
because it keeps making higher highs

and it's on the basis of your adult.

Not selling office aggressively
as the British pound, but it also

indicates that there may be still that
last piece of the move on the pound.

And we're going to see that
move I was talking about, but

didn't get down to the level.

I would rather have it seen at trade
to swatch the shaded area today, but

we have some downsides still on cable.

And that may be what we're
seeing, communicating.

With this, uh, um, willingness to see
it go higher, but not sell off either.

So we may be seeing a Euro being
maintained and a range like I was

discussing earlier because it doesn't
make sense for it to trade higher.

It makes more sense where to trade
lower, but they're keeping it in

a range while they let the cable
drop, which allows this pair.

Unfortunately, they keep making
higher highs, but nothing up here

makes sense, technically, except
for the range between this candle.

Right there.

And this candle's low right here.

It comes in at 87 63.

So that is an area at which, uh, we
have a void and then we have a fair

value gap where price has not seen any
buy-side delivery between this gap.

Now we saw it delivered here a
little bit, and then we saw this

candle up here, which makes it.

Uh, the word escapes me.

Uh, it makes it unclear, uh, as
well as going to reach her first.

But now think of that.

It's exactly what I want to say.

It's clear and it's not real
clean in terms of, okay.

If this camera would have been a down
close and this camera was started

right there and went down from
there, we've had priced delivered

on the buy-side here and here.

So it, in technical terms,
it has balanced out that.

But I think personally, if it gets
through this void between this candle's

low and this candle's high, it will want
to pass through that area one more time.

But if it goes to that level, I think
it's going to make a higher high

altogether and clear out this high.

And I think that's, what's, that's,
what's being determined in here.

Do they want to take it back up to
these levels or they want to hold

it into a larger trading range in.

And that's, what's making
Eurodollar very, very, very hard.

I have no shame in telling you Euro dollar
is very difficult to trade right now.

For me personally, it's very difficult
to get a read on and I can't see in

clear terms, what they're going to go
for up here and have a great deal for me.

It makes sense for it to want to come
up here and balance this out because he

had a big candle, but I don't like this
price action back here where we get, even

though it looks like it's been balanced.

Efficiently it to me personally,
if I had control price, I'd take it

back up there one more time, just to
remove any doubt and allow any kind of

trading, but I'm not in control price.

So this amount, I'm just
some observations books.

All right.

So it takes us to our dollar yen.

So Dolly, again, we had yesterday's
high and the high formed on.

March 3rd.

And I said, we probably punch through that
and maybe reach up into the shaded area.

We go down to an hourly chart.

We'll put some day lights on here
and give us some meat on this bone.

This is what I was looking at.

The fact that we had the equal highs here,
this high and this high, and we came down.

In here.

And we were consolidating and last
night I watched through Asia and

I said, okay, I want to get long.

I want to get along in here.

And I want to get the run on
liquidity above the equal highs.

So I knew I wanted to get a run above
the 1 14 80 level, because that's one

PIP above what we're seeing here 1 14 79.

So I knew there's by stops up there.

And I also know that Mo uh,
the, also your crowd and.

Support resistance guys, they're going
to see this as a resistance and they're

gonna look at momentum indicators
and they're diverging bearishly here.

So they're going to be short.

All kinds of momentum players are going to
have their buy-side stressing about here.

We're consolidating.

And in Asia, typically what you'll
see Asia would like to make a

run at a previous intraday high
or low whichever it's closest.

And it's easy to see these trades and
we'll talk about it a lot when we go into

a day trading, but the model I used to
reach for this trade was I knew there was

by starts building and pulling above 1
14 80, and we were consolidating in Asia.

And I also thought that dollar index
was going to expand on the upside.

So that gave me some.

I guess a wait, the place behind
the analysis, thinking that this

pair should go up because the dollar
is the first and it's pair name.

We have a down closed candle
here and this candle right here.

Okay.

Whenever you do a control Y on
your empty four platform that

puts these daily dividers in.

Now I tell you, this is the
only usefulness that you're

ever going to find with.

Okay.

When you do this, this is good and
beneficial for New Zealand Aussie and yen.

Okay.

You want to note that candle,
that forms on the 2300?

Okay.

So 2300 is an essential candle for
anything that you want to do in Asia

eight o'clock also is the candle.

You also want to notice that.

New York time.

Okay.

So you want to get the 2300 candle
here when you do your, uh, control Y on

foretell TD, you want to get the opening
price on this candle, and you also want

to get the opening price on that candle
at eight o'clock in New York time.

And in eating time, if you look at what
price has done, we rallied away here.

Initially going into the new day,
not new day in terms of New York

time, the way I refine and define it.

But it's new day in terms
of how MP4 classifies it.

The opening price is right here.

That's it right here.

Look at the work that
gets done at that level.

Below it below it, below
it and the expansion.

Okay.

Everyone was looking
at this type of thing.

60% retracement level,
sell it at resistance.

There's an old high back here.

There's an old high back here.

Smaller retracement.

They shot it up there.

That is a manipulate.

It's setting up the players that
want to sell short, that builds

more buy SOPs above here, and
they give you these stabs down.

Okay.

And gets everyone excited.

It's going to break.

If something break and you get into that
hopeful stage retails, hoping it's going

to go lower and it won't let it run.

At one o'clock in the morning,
there was a low impact news event.

Not that I consider them important,
but that was also a catalyst that

allowed this market to trade.

One more time back into its last down
candle, which is bullet shorter block mean

threshold essentially was worked here.

This is the only candle that step that
through it, but then we tagged it again

here and an expansion clear to buy stops.

My exit.

You'll see, when we do the, my
effects portion of the journal, you'll

actually see, I actually got out.

88.

So it's not bad of the
exit point for exit.

Didn't do any partials.

And I did not have to
weather all this stuff here.

The idea of why they want to hold.

It was again, the dollar index was
not showing willingness to continue

higher and nonfarm payrolls tomorrow.

So we go into what type of format or
not format, what market profile is

typical going into non-farm payroll.

Is it a trending environment?

Not like.

Because of the consolidation or chop
seek and destroy the days where it just

goes back and forth up and down, kind of
like this, you, this kind of formation.

Okay.

So if I know I'm going to an
area of liquidity, that's where

I want to offload mine, my lungs.

I don't want to monkey around with it.

I don't care.

To be in the market
during non-farm payroll.

So I just want to be
squaring my positions.

It makes sense to get out of here.

That's where the buyers want to buy it
from me when I want to sell it to them.

So that's where I'm going.

That's what I'm going to do.

And you'll see.

That's what I executed on.

Uh, there was actually two positions in
here and I'll explain it in a journal.

And right now we're seeing the move
back into this order block here.

Now as a New York session trade,
this is the one that you can,

uh, To a drill and exercise with

it is all right.

So we have the last down candle here.

This candle is being represented
as the bullet shore block.

Not this one, because this one
doesn't go as low as this one.

So this one has to have the,
the emphasis placed on it.

Okay.

So you can do a paper trade, or you
can do a demo long in here with more,

more run in here, which we can get a.

Higher high and one more pass
through mediate and get enough

of the buy stops in here.

That could be a scenario you can
paper trade today or do a demo on

your stock needs to be below this
candle as well, to frame out your

risk reward in relationship to that.

And how much of your leverage would be,
you should know what that is in terms of

percentage that you want to risk about 1%.

Tends to get about this high
that's your full profit.

Don't do scaling.

Just take the full profit out
there because again, the rules

are nonfarm payrolls tomorrow.

So you don't want to do any kind
of holdover turning into a weekend

overnight, or none of that kind of stuff.

You just want to get in, get out and done.

That's one you can be watching today.

Swissy told you this was going to have a
hard time getting back up into this WIC.

Uh, and that's unfortunate cause
I was really hopeful to disappear.

Uh, would make a run through and
clear out the bodies they were here

and they still might do it tomorrow
with nonfarm payrolls numbers.

But nonetheless, it's not really
providing anything here, so I'm not

really gonna talk too much about it.

It hasn't performed.

Um, it has performed as I thought
it would, but not as I hoped, uh,

I won't and stay at trades there.

So we're going to just stick
to the comments I gave you on.

What would that be?

Tuesday?

Yeah, Tuesday, we had that reversal
intraday, so I said, it's going to

be hard for it to rally through.

And to stick to what I gave you in
terms of commentary on Tuesday for

this payer, nothing's changed there.

Gold.

Uh, we are down into almost two that,
uh, that yeah, 12 or three till we

almost got down to the 1200 level.

Um, we still could see 1200 big figure.

Maybe 1190 Jake had stabbed down to 1100.

I'd like to see some support in here
and still had that consolidation

longer-term but we had to wait
and see if it's going to do that.

And I don't have any trade
in mind for gold yet.

Cause dollars got to show me something
before I would get a bullish or bearish.

And longer-term.

For gold right now, I'm watching it.

And the same thing with silver, uh,
silver had a load today of 17, 10, a lot

of retails expecting some kind of a move
off this level in here that we might

get an, a minus little intraday balance.

I think, I think personally,
we're going to go down below

this and hit the 17 big figure.

Excuse me.

So silver taking it wrong.

If we can, if we can stay inside of
the middle point of this consolidation,

let me give that idea right here.

So

yeah, if we, if we try not to go below
and it's, it's actually interesting

that it's the last down candles
opening to, um, the main threshold of

that range or consolidation between.

Is the 50 level.

So if we can get down to that point
here and then stop going lower,

um, that would be constructive
for longer-term consolidation.

And if the dollar could work off
whatever it's doing and go bearish,

that would give us a really
solid long-term buy for silver.

And that puts us back in
contention for the twenties.

Again, right now we have to
sit on our hands and wait.

All right.

Shade, your New Zealand dollar.

So there's nothing else to
talk about in regards to that.

So let's go one more pass over to.

Okay, watch this one because
it might be giving it to you so

we could see this level here.

It could, it could spread down
into what is this opening?

1 21 56.

So 1 20, 1 60 still.

I like that.

So you had to add the spread.

So 1 21 65, you stop has to
go below this candle's low.

Yes, it's in the area
where the cell stops are.

So just be mindful of that, but
it's a, it's a drill and you can

practice your entry technique and
taking full profit here or taking

half off here and maybe seeing of
all of these equal highs in here.

Uh, play for, uh, for intraday move today.

I don't like the way this would
be topping if this is this going

up here, like this to go lower.

That makes no sense to me.

And if it did, I don't have to
care less of the trades lower.

Cause I wouldn't be able to have
any kind of framework on that.

I don't like how it's done this
and left this working here.

So there is this fair value gap in
here that makes sense for it to close.

It can do that.

And then so authentic, perfect sense
because it leaves no doubt that the price

had been rebalanced, but apart from that,
that's Aussie for this, uh, this parent.

You're a dollar look at the mess.

You see what I mean?

It doesn't look.

I mean, we have, uh, the
ECB stuff today as well.

So it's all kinds of reasons
not to be in this pair.

It's just like a gamble.

So don't deal with.

Dollar index again, neutral
leading the equal height and tags.

So just be mindful that we're probably
gonna see some fireworks tomorrow with

non-farm payroll and look for a mood
to stab through these equal highs.

Now whether it's dabs through it and
then rejects and trades lower, or

it goes through and expands, that's
obviously set up through the London.

So we'll have to wait
and see what that does.

Europound Aussie

again.

Yeah.

So here's your, uh, issue scenarios.

Watch the cable today for intraday
bounce and, or watch the dollar yen

make more, more pass up and take out
kind of like a three drives higher once,

twice, and third time just taking out
the short-term intra-day high here,

and it could expand more than that, but
because it's non-farm payroll tomorrow.

And the dollar simply not wanting to do
anything more today, or at least it's

showing the indications that he doesn't
want to do anything more on the upside.

If it can give it to you, take
it off all the way and just be

content with that 25 pips or so.

And that's it again, as a reminder,
I will give you a recap today.

It'll include a journal entry with
the yen trades and the details

of why, why I did what I did.

And tomorrow we'll begin a
pre-market short little video

where I don't go over place.

Like I'm doing here.

It all have already had
the notes in my chart.

So I'm going to say, okay,
this, this, this, and that.

And I'll be able to go through
every one of these pairs in

about a minute and a half each.

And that'll be the end of it.

They'll know what I'm looking for.

And you guys can watch it real quick,
digest it and be on your way with it all.

Okay.

I'm tired.

So I'm going to take a little bit of a
nap today, and then I'll come back to

the forum and I'll answer some of your
questions and like a split session today.

I'll do some of them when I wake
up and then I'll do the rest of an

eating once I get everybody's, uh,
recap video done on, uh, two 30 today.

And that's it.

I will talk to y'all later on
which good luck the trading.