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These are the user uploaded subtitles that are being translated: 1 00:00:24,340 --> 00:00:27,610 Okay folks, we have just finished the June contract. 2 00:00:28,740 --> 00:00:29,910 For the STT mentorship. 3 00:00:30,840 --> 00:00:35,680 And I want to take a couple minutes just to talk to you and kind of like 4 00:00:35,690 --> 00:00:40,470 a summary of everything that you've been introduced to and exposed to. 5 00:00:42,510 --> 00:00:45,180 And I want to ask you, why do you believe I made you go through the 6 00:00:45,180 --> 00:00:47,940 content that was shown in June? 7 00:00:49,170 --> 00:00:51,540 I believe that, uh, some of you felt like. 8 00:00:52,709 --> 00:00:53,940 Like it wasn't necessary. 9 00:00:53,940 --> 00:00:57,120 It wasn't needed, or I'll come back to that later on ICT. 10 00:00:58,050 --> 00:01:05,640 And it's, it's unfortunate that some have felt that way because the purpose 11 00:01:05,640 --> 00:01:09,810 of having multi-asset class analysis, that is the asset classes of the 12 00:01:09,810 --> 00:01:13,800 bonds, currencies, commodities, and stocks is by looking at them as a 13 00:01:13,800 --> 00:01:19,530 whole, how they're interrelated and all the things I covered this month. 14 00:01:20,860 --> 00:01:26,440 I want you to go back through and look for the symmetry between all four, 15 00:01:27,190 --> 00:01:31,660 because there's a common theme that I'm trying to draw your attention 16 00:01:31,660 --> 00:01:37,240 to, but you can't grasp it and you can't appreciate it until you see it 17 00:01:37,630 --> 00:01:40,270 until you see the interconnections. 18 00:01:40,930 --> 00:01:47,980 And when they're most likely to be in sync with one another, what am I talking about? 19 00:01:49,705 --> 00:01:54,615 Risk on and risk off some of the things that you folks are in 20 00:01:54,615 --> 00:01:56,835 here hoping to see right away. 21 00:01:57,285 --> 00:01:58,275 I want to see this. 22 00:01:58,275 --> 00:01:59,355 I need to see this. 23 00:01:59,355 --> 00:02:03,135 I have to be a witness of this, or I have to be taking trades. 24 00:02:03,735 --> 00:02:04,905 Some of you didn't listen. 25 00:02:06,135 --> 00:02:08,145 And I said, it wouldn't be a trade signal service. 26 00:02:08,745 --> 00:02:15,315 And I want you to think about what was the point of all these lessons for this month. 27 00:02:17,745 --> 00:02:20,955 It wasn't that I was highlighting certain phenomenon that I like 28 00:02:20,985 --> 00:02:22,665 about each individual asset class. 29 00:02:24,895 --> 00:02:30,115 It's the fact that they both not only work in harmony with one 30 00:02:30,115 --> 00:02:33,235 another, but sometimes they decouple. 31 00:02:35,735 --> 00:02:36,965 If there's are these coupling. 32 00:02:37,865 --> 00:02:42,890 In other words, if the bond market is going higher, That means that there's 33 00:02:42,890 --> 00:02:50,510 a scenario where it's less risk interest, it's a risk off environment. 34 00:02:51,049 --> 00:02:54,109 So the market goes to buying bonds. 35 00:02:56,359 --> 00:02:59,090 When the bond market's going lower, then there's a risk on 36 00:02:59,090 --> 00:03:02,090 scenario, risk on scenarios. 37 00:03:02,090 --> 00:03:07,250 Bring with it, the buying of stocks, the buying of foreign currencies. 38 00:03:09,260 --> 00:03:09,740 These. 39 00:03:10,755 --> 00:03:16,455 Back and forth ebb and flow type phenomenon, have a reverberation. 40 00:03:16,455 --> 00:03:21,555 It goes through all four of the asset classes and to discount it. 41 00:03:21,855 --> 00:03:24,405 The think that it's something I'll come back to later on. 42 00:03:24,995 --> 00:03:29,985 I don't think I'm really interested in learning commodities. 43 00:03:29,985 --> 00:03:32,985 I don't think I'm interested in looking at the S and P 500. 44 00:03:32,985 --> 00:03:35,265 I don't think I'm interested in looking at stocks. 45 00:03:37,245 --> 00:03:38,985 All of, you know, I only trade. 46 00:03:40,335 --> 00:03:40,875 For X. 47 00:03:42,975 --> 00:03:48,345 And yet I still talk about the bond market, commodities and stocks, 48 00:03:49,695 --> 00:03:52,095 because it matters it has a place. 49 00:03:53,145 --> 00:03:56,805 And some of you want to be one trick ponies and B I'm only 50 00:03:56,805 --> 00:03:58,425 going to be able to make money. 51 00:03:58,425 --> 00:04:02,325 If I just follow one thing and I have to close my eyes, everything else around me. 52 00:04:04,080 --> 00:04:05,220 To be a specialist. 53 00:04:05,490 --> 00:04:09,780 You still have to understand what the general market's going to do most likely. 54 00:04:10,740 --> 00:04:14,760 And the importance of it is that when the markets are working well 55 00:04:14,760 --> 00:04:20,640 together, when all the asset classes are doing, as they should risk on 56 00:04:20,640 --> 00:04:22,770 environments, everything should rally 57 00:04:26,290 --> 00:04:28,480 interest rates should be declined. 58 00:04:32,210 --> 00:04:36,500 If you're not seeing these things happening, if there isn't this beautiful 59 00:04:36,500 --> 00:04:40,760 dovetail with all four of the asset classes, then you're going to have a 60 00:04:40,760 --> 00:04:44,870 very hard time finding opportunities where moves can be explosive. 61 00:04:45,140 --> 00:04:46,970 They can have a lot of magnitude. 62 00:04:47,180 --> 00:04:50,450 They don't last very long unless there's conditions or. 63 00:04:52,215 --> 00:04:56,474 And we have been going through a period of months where it's been very 64 00:04:56,474 --> 00:05:00,375 difficult to ascertain whether or not the market is risk on a risk off. 65 00:05:00,375 --> 00:05:02,174 Sometimes it is sometimes it isn't. 66 00:05:03,974 --> 00:05:06,794 Some of the asset classes are doing as they should, while others are 67 00:05:06,794 --> 00:05:08,354 doing something completely different. 68 00:05:10,604 --> 00:05:15,405 Some of the folks that are no longer with us have grown tiresome. 69 00:05:16,724 --> 00:05:18,375 They don't want to deal with this anymore. 70 00:05:18,585 --> 00:05:19,844 It's grinded them. 71 00:05:20,940 --> 00:05:24,719 And they left for a reason because they're never going to be traders. 72 00:05:25,020 --> 00:05:29,489 They're never going to be able to do this because it takes a lot of wherewithal. 73 00:05:29,640 --> 00:05:30,989 It takes a lot of conviction. 74 00:05:32,669 --> 00:05:33,780 It takes hard work. 75 00:05:33,780 --> 00:05:36,719 You got to look at all four of these asset classes to get a grasp 76 00:05:36,719 --> 00:05:38,580 on what the general market's doing. 77 00:05:38,700 --> 00:05:40,349 You want to explosive moves. 78 00:05:40,349 --> 00:05:44,520 You want big directional one-sided markets. 79 00:05:45,539 --> 00:05:47,609 That's going to come by way of understanding the four asset class. 80 00:05:49,185 --> 00:05:53,955 If you cannot read what those asset classes are doing individually 81 00:05:54,135 --> 00:05:58,545 and as a whole collectively, what's the dance between them? 82 00:05:59,895 --> 00:06:02,085 Are they moving in symmetry? 83 00:06:02,125 --> 00:06:08,055 Are they working beautifully together or are we seeing a chaotic mess? 84 00:06:09,585 --> 00:06:12,135 The markets are doing whatever they want to do, indiscriminate to whatever 85 00:06:12,135 --> 00:06:13,425 the other asset classes are doing. 86 00:06:14,775 --> 00:06:16,395 Why would you think that takes place? 87 00:06:17,295 --> 00:06:21,675 Why, why would we see a multi-asset class, the coupling like that? 88 00:06:23,445 --> 00:06:28,335 Because there's a lot of uncertainty and when it's easy to make money, 89 00:06:28,995 --> 00:06:34,385 and there are times when it's like that, all four asset classes will be 90 00:06:34,385 --> 00:06:36,005 working in harmony with one another. 91 00:06:36,755 --> 00:06:37,655 They'll be doing exits. 92 00:06:37,655 --> 00:06:44,435 They should, across the board dollar index goes higher commodities, go low. 93 00:06:47,409 --> 00:06:58,070 Stocks go higher risk on risk off stocks, fall currencies, farm in nature 94 00:06:58,400 --> 00:07:05,690 rally when its risk on decline, when it's risk off in dollar will rally this 95 00:07:09,350 --> 00:07:12,170 mechanism that we look at in terms of the marketplace. 96 00:07:14,485 --> 00:07:21,985 It is highly efficient and yet very hard to decipher because it takes a lot 97 00:07:21,985 --> 00:07:24,535 of work to be looking at other things. 98 00:07:24,535 --> 00:07:28,585 Not just, I want to be looking at only my Eurodollar. 99 00:07:29,995 --> 00:07:31,525 I just want to, I just want to trade your a dollar. 100 00:07:31,825 --> 00:07:33,265 I don't care what the biomarkers are doing. 101 00:07:33,265 --> 00:07:34,105 I don't care about any of that. 102 00:07:35,395 --> 00:07:36,325 Can you make money doing it? 103 00:07:36,355 --> 00:07:36,685 Yes, you can. 104 00:07:38,380 --> 00:07:41,170 Well, you understand when the large moves are going to take place and how 105 00:07:41,170 --> 00:07:45,430 long to hold on to them based on those conditions, just looking at the Euro. 106 00:07:46,090 --> 00:07:49,840 No, some of you are trying to do that. 107 00:07:50,380 --> 00:07:53,950 Some of you are trying to skip to the head of the line, avoid all this hard 108 00:07:53,950 --> 00:07:58,150 work because you don't want to roll your sleeves up and it's necessary. 109 00:07:58,905 --> 00:08:03,615 You have to do these things, because if you don't, when you have periods of draw 110 00:08:03,645 --> 00:08:07,365 down, when you have periods of where the market is, isn't giving you what you want. 111 00:08:09,594 --> 00:08:10,705 You're going to lose your mind. 112 00:08:11,724 --> 00:08:15,414 You're gonna allow psychological things to impact your ability to 113 00:08:15,414 --> 00:08:22,255 trade, to make decisions, hold on to trades or let go of them. 114 00:08:25,615 --> 00:08:28,975 Because you will have an absence of your understanding about 115 00:08:28,975 --> 00:08:30,235 the general market as a whole. 116 00:08:32,065 --> 00:08:36,534 I can't tell you the dozens of emails I got throughout this entire month. 117 00:08:37,585 --> 00:08:38,664 Can I skip this month? 118 00:08:39,475 --> 00:08:43,135 Can I just, uh, not worry about this? 119 00:08:44,034 --> 00:08:47,425 Can I, uh, just pay for the next month and not be a part of this group? 120 00:08:48,445 --> 00:08:51,505 And I was saying death, same thing, everyone. 121 00:08:52,135 --> 00:08:53,125 It's important. 122 00:08:54,570 --> 00:08:57,570 Because you felt that you were never going to be a commodity trader. 123 00:08:57,570 --> 00:09:00,930 So therefore commodity information is useless to you and you're never going 124 00:09:00,930 --> 00:09:02,160 to actually trade the bond markets. 125 00:09:02,160 --> 00:09:05,340 So everyone was interested in what I had to say about the bonds. 126 00:09:05,820 --> 00:09:09,570 And it's interesting, as I got through the bond market content, then folks 127 00:09:09,570 --> 00:09:11,940 were like, well, do I have to pay the attention to the rest of this? 128 00:09:12,780 --> 00:09:13,770 Yes, you do. 129 00:09:15,090 --> 00:09:19,590 And if you're having a struggling point where you don't want to do this, you 130 00:09:19,590 --> 00:09:21,960 don't want to look at the other asset classes because it's too much work. 131 00:09:21,960 --> 00:09:22,440 It's too much. 132 00:09:24,785 --> 00:09:26,255 Then I'm going to challenge you with this. 133 00:09:27,395 --> 00:09:28,535 You're going to struggle. 134 00:09:29,765 --> 00:09:32,165 You might have hit and miss success. 135 00:09:33,155 --> 00:09:35,285 You're going to have periods where you might make a little bit of 136 00:09:35,285 --> 00:09:41,675 money, but you will always feel like there's something that doesn't quite 137 00:09:41,765 --> 00:09:44,915 click and it's going to be this. 138 00:09:46,235 --> 00:09:49,625 You have to know what the market's going to do as a whole. 139 00:09:50,525 --> 00:09:52,055 And if there isn't decoupling. 140 00:09:52,950 --> 00:09:56,370 And the markets are having erratic behavior. 141 00:09:56,580 --> 00:09:59,190 The assets are not working in harmony with one another. 142 00:10:00,630 --> 00:10:06,600 It goes back to if that only is going on presently or we're coming out of that, 143 00:10:06,600 --> 00:10:12,750 hopefully at the time of this recording, what has it been saying all along that 144 00:10:12,750 --> 00:10:18,300 smart money is not willing to make large contributions to one side of the market or 145 00:10:18,300 --> 00:10:21,330 another, or they're waiting on something. 146 00:10:23,340 --> 00:10:24,180 What are they waiting on? 147 00:10:24,690 --> 00:10:26,730 I'm not sure what it is. 148 00:10:26,730 --> 00:10:27,390 They're waiting on. 149 00:10:28,590 --> 00:10:33,150 There's a lot of things on the horizon, some of it's war, some of it's Brexit, 150 00:10:35,480 --> 00:10:37,670 middle east, trumping and office. 151 00:10:37,670 --> 00:10:38,840 Maybe not being an office. 152 00:10:40,250 --> 00:10:45,080 There's a lot of things that's going on right now that it's making it 153 00:10:45,080 --> 00:10:47,300 difficult and it's actually disinterest. 154 00:10:48,465 --> 00:10:51,765 And I would admit that if I was coming up as a new trader, I would 155 00:10:51,765 --> 00:10:54,255 feel the impulse to say, well, I'm really not going to pay attention to 156 00:10:54,255 --> 00:10:57,555 this, but I can tell you there's a lot of things that I went through in my 157 00:10:57,555 --> 00:11:01,515 development that I felt that way about, but I later went back to them and it 158 00:11:02,084 --> 00:11:04,125 caused me the greatest growth spurts. 159 00:11:04,365 --> 00:11:05,655 In my understanding as a trader, 160 00:11:09,475 --> 00:11:14,454 part of the mentorship was for you to pay for me, to give you the things that help. 161 00:11:15,255 --> 00:11:18,734 MI get to a point when I can understand what the market's going to do. 162 00:11:19,755 --> 00:11:20,895 You can see when I'm wrong. 163 00:11:21,375 --> 00:11:25,935 It's I it's been glaringly obvious to periods where I'm not doing well. 164 00:11:26,354 --> 00:11:30,194 And it's because of the Marcy multi-asset class analysis 165 00:11:30,464 --> 00:11:31,814 of these four asset classes. 166 00:11:31,995 --> 00:11:33,194 They're just doing whatever they want to do. 167 00:11:34,905 --> 00:11:39,704 But when there's periods where I can see everything, I can see it clearly what's 168 00:11:39,704 --> 00:11:44,025 going on example, it was this week. 169 00:11:47,510 --> 00:11:49,700 I do a lot to do this mentorship. 170 00:11:50,420 --> 00:11:54,020 And sometimes my attention is drawn into areas where I otherwise wouldn't 171 00:11:54,020 --> 00:12:00,470 be looking, but because I am a mentor, I do my best to try to give feedback and 172 00:12:00,470 --> 00:12:02,300 answers to questions by way of email. 173 00:12:02,660 --> 00:12:05,180 And some folks are calling me and some people were sending me 174 00:12:05,180 --> 00:12:07,220 texts and there's a lot of you. 175 00:12:08,030 --> 00:12:11,540 And I do all those things and make lessons and. 176 00:12:12,525 --> 00:12:16,155 Do the recordings and edit, and it's a lot. 177 00:12:18,225 --> 00:12:21,855 And I can only do so much as a human being. 178 00:12:21,855 --> 00:12:25,814 I can't force you to do the things that I believe are necessary. 179 00:12:26,295 --> 00:12:27,345 You're going to have an opinion. 180 00:12:28,005 --> 00:12:30,345 You're not going to pay attention to this teaching. 181 00:12:30,345 --> 00:12:33,135 You're probably not even going to listen to this video, get 182 00:12:33,135 --> 00:12:34,694 your fingers in your ears, a law. 183 00:12:34,694 --> 00:12:37,965 I don't want to hear, but it's something that's. 184 00:12:39,120 --> 00:12:40,350 I wouldn't have done this month. 185 00:12:40,380 --> 00:12:43,380 If I didn't wholeheartedly believed that it was beneficial to your 186 00:12:43,380 --> 00:12:49,870 understanding, you'll probably never trade a bond contract in your life. 187 00:12:50,320 --> 00:12:53,680 You'll probably never trade stocks. 188 00:12:54,400 --> 00:12:57,070 You'll never manage your own self-directed IRA. 189 00:12:58,030 --> 00:13:01,090 I guarantee you there's some of us in here that are thinking that, 190 00:13:01,150 --> 00:13:04,990 and I understand that I'm not twisting your arm to do it, but. 191 00:13:05,880 --> 00:13:10,890 It is important for you to know what these asset classes are doing as a whole. 192 00:13:11,250 --> 00:13:15,450 And you don't have to be staring at them all day long periodically, check them, see 193 00:13:15,450 --> 00:13:17,460 what's going on, get feedback from them. 194 00:13:19,140 --> 00:13:21,090 They should be moving in concert with one another. 195 00:13:23,110 --> 00:13:27,190 There's an ebb and flow that is necessary for the markets to be highly efficient. 196 00:13:27,520 --> 00:13:30,850 And when they're efficient, they create big moves. 197 00:13:31,950 --> 00:13:39,450 Large moves, exaggerated moves, big ones, big, huge profitable market moves. 198 00:13:41,490 --> 00:13:42,990 And they're easy to see coming. 199 00:13:42,990 --> 00:13:49,410 As we outlined this week, I took a chance on some things 200 00:13:49,410 --> 00:13:50,760 in the last couple of weeks. 201 00:13:51,210 --> 00:13:55,170 And I was primarily working off of, uh, an intraday four hour chart 202 00:13:55,410 --> 00:13:57,450 to come away with my, my analysis. 203 00:13:58,290 --> 00:13:59,700 And I said, you know what? 204 00:14:00,555 --> 00:14:04,755 Spend some time with the, and, and not even look at the FX market last week. 205 00:14:05,535 --> 00:14:09,165 And it forced me to have a period of time separation from FX. 206 00:14:10,035 --> 00:14:15,795 And then Saturday, when I did my analysis, as I normally would do, but I'm slammed. 207 00:14:15,795 --> 00:14:17,265 There's a lot of slides. 208 00:14:17,265 --> 00:14:20,895 This this month is over 200 slides in presence. 209 00:14:22,320 --> 00:14:23,700 It doesn't take five minutes to do that. 210 00:14:23,700 --> 00:14:26,730 Some of you folks think that it's real easy for me to do it. 211 00:14:26,730 --> 00:14:27,630 And I thank you. 212 00:14:28,590 --> 00:14:31,050 I thank you for that vote of confidence that you think I can 213 00:14:31,050 --> 00:14:33,030 do these things in five minutes. 214 00:14:33,120 --> 00:14:37,230 I can't, it takes a lot of work, thought a lot of effort in designing it and bringing 215 00:14:37,230 --> 00:14:40,470 things together to make it user-friendly. 216 00:14:42,030 --> 00:14:49,920 But I had a member send me an email saying that, uh, you know, I rushed out of here. 217 00:14:51,660 --> 00:14:53,010 Eager to go on vacation. 218 00:14:53,160 --> 00:14:57,210 And I promised to do a us dollar CAD trade. 219 00:14:58,080 --> 00:15:02,160 And no, I didn't promise to do a dollar CAD trade. 220 00:15:03,000 --> 00:15:07,590 I promise to look at the market and there would be probably a trade Friday for the 221 00:15:07,590 --> 00:15:14,760 dollar cat, but using the asset classes as a whole, all four of them, I didn't see a 222 00:15:14,760 --> 00:15:18,570 trade this morning and there was no trade. 223 00:15:20,535 --> 00:15:27,075 It was a Z day consolidation ahead of Abe, large widely 224 00:15:27,075 --> 00:15:30,045 followed us holiday next week. 225 00:15:30,465 --> 00:15:36,855 But a lot of folks go on the sidelines by seeing all four asset classes 226 00:15:38,295 --> 00:15:41,955 looking at what they've done going into this morning at the time of this 227 00:15:41,955 --> 00:15:45,405 recording on Friday, June 30th, 2007. 228 00:15:47,660 --> 00:15:51,680 There has no real indication of what the market should be reaching for. 229 00:15:51,730 --> 00:15:53,990 It had already met my objective for the week. 230 00:15:54,830 --> 00:15:57,590 It already had already traded down to the low. 231 00:15:57,590 --> 00:15:59,840 I called four and went just the low, a little bit below it. 232 00:16:00,920 --> 00:16:01,910 So it's fulfilled it. 233 00:16:02,510 --> 00:16:07,370 If it's already met that, that target, what am I going to trade? 234 00:16:08,120 --> 00:16:09,050 Just because I hit the targets. 235 00:16:09,050 --> 00:16:14,570 It means when I go reverse in the other direction, I didn't feel it could go low. 236 00:16:15,525 --> 00:16:21,255 Based on looking at all for the asset classes, looking at the targets 237 00:16:21,285 --> 00:16:28,665 on individual currencies, the bond market, all these things work together. 238 00:16:29,475 --> 00:16:34,064 Some of you don't trust the level of experience I have in terms of time 239 00:16:34,335 --> 00:16:38,355 using this information, you watch a slide, you think, you know everything. 240 00:16:38,355 --> 00:16:41,205 So therefore it has to be this it's gotta be black or white. 241 00:16:41,235 --> 00:16:43,995 And I've said this at nauseum, it's not black. 242 00:16:45,915 --> 00:16:49,965 There's times when the market will appear black and white, when it seems 243 00:16:49,995 --> 00:16:54,675 easy, it's so obvious that it's going to go one direction and those times 244 00:16:54,735 --> 00:16:58,665 will trick you because you'll think that it should be like that all the time. 245 00:16:59,025 --> 00:17:01,064 And this is the difficult part about trading. 246 00:17:01,305 --> 00:17:03,395 You have to work those times when it's. 247 00:17:04,694 --> 00:17:06,974 But when it's not like it, you need dial dollar back. 248 00:17:07,365 --> 00:17:12,254 And the way you be able to determine those conditions is by rating the 249 00:17:12,254 --> 00:17:14,024 market in terms of risk on a risk off. 250 00:17:14,085 --> 00:17:18,704 And you can't get that adequately enough, but just looking at one instrument, one 251 00:17:18,704 --> 00:17:24,494 payer, you have to look at the whole universe of speculation, currencies, 252 00:17:24,494 --> 00:17:25,635 commodities, bonds, and stocks. 253 00:17:27,565 --> 00:17:31,465 This whole month was designed to draw your attention to the importance of 254 00:17:31,465 --> 00:17:33,985 knowing what all of them should be doing. 255 00:17:33,985 --> 00:17:37,195 And what is it you're should be looking for going into the marketplace, 256 00:17:37,465 --> 00:17:42,265 not looking for trades per se, but looking at the commodity market 257 00:17:42,265 --> 00:17:45,805 as a whole, are commodities going higher or are they going lower? 258 00:17:45,895 --> 00:17:46,405 Generally 259 00:17:50,045 --> 00:17:52,505 our interest rates going up or interest rates going down. 260 00:17:53,585 --> 00:17:54,535 How's that affecting the. 261 00:17:56,030 --> 00:17:58,070 Is the dollar going up or is it going down 262 00:18:01,629 --> 00:18:02,860 what's going on with equities? 263 00:18:04,060 --> 00:18:09,219 Is equities finding an ease to rally or is it struggling to rally and, 264 00:18:09,340 --> 00:18:11,530 and holding more of a consolidation? 265 00:18:12,429 --> 00:18:17,169 All these things matter, they are, they way out in the grand scheme 266 00:18:17,169 --> 00:18:21,639 of things in terms of feedback, some of your learning this. 267 00:18:23,415 --> 00:18:26,775 For the first time you've never had any kind of technical analysis, uh, 268 00:18:26,835 --> 00:18:28,305 indoctrination to the marketplace. 269 00:18:28,305 --> 00:18:30,165 There's nothing that you've ever done. 270 00:18:30,165 --> 00:18:33,975 Is it the first time you were done and your heads are spinning, some of 271 00:18:33,975 --> 00:18:37,215 you that have been trading for a long time, know that there are periods in 272 00:18:37,245 --> 00:18:40,065 the markets where it just gets really hard and you can't do anything right. 273 00:18:41,145 --> 00:18:45,705 And some of you think that you've traded before got lucky and you 274 00:18:45,705 --> 00:18:48,345 think, you know what it is that should be happening in this mentor. 275 00:18:51,115 --> 00:18:52,405 And you already had your opinion. 276 00:18:54,145 --> 00:18:57,385 You came in with a preconceived notion about what it is that 277 00:18:57,385 --> 00:18:58,375 you should be getting out of it. 278 00:18:58,375 --> 00:18:59,875 And you had no idea what you're going to be learning. 279 00:19:02,125 --> 00:19:05,305 It's the same individuals that have discounted this month's 280 00:19:05,305 --> 00:19:09,265 content, feeling it as well. 281 00:19:09,265 --> 00:19:10,885 It's something apart from FX. 282 00:19:10,885 --> 00:19:14,905 So therefore it's not important when that's the furthest thing from the truth. 283 00:19:18,070 --> 00:19:22,090 Intermarket analysis is absolutely crucial to you understanding what 284 00:19:22,120 --> 00:19:23,980 is going to be taught next month. 285 00:19:26,940 --> 00:19:31,830 Don't you want to be in the asset classes and those leadership on the upside or 286 00:19:31,830 --> 00:19:37,170 downside based on the things that have been taught thus far, don't you want to 287 00:19:37,170 --> 00:19:41,700 focus where all the large institutions can be pouring money into it because 288 00:19:41,700 --> 00:19:43,380 they're the ones that's going to explode. 289 00:19:43,710 --> 00:19:45,540 They're going to be moving huge fat. 290 00:19:46,620 --> 00:19:51,480 Lots of distance magnitude, the velocity of these types of moves. 291 00:19:52,230 --> 00:19:53,370 That's what you're looking for. 292 00:19:55,260 --> 00:19:58,410 You want to find them and in between there, you want to be able to breathe 293 00:19:59,190 --> 00:20:02,400 a bread and butter type trader find consistent setups here and there. 294 00:20:03,060 --> 00:20:03,990 Well, he was Justin still put it. 295 00:20:03,990 --> 00:20:11,050 He runs one shot, one kills, low risk, high probability date, trade, swing trade. 296 00:20:12,190 --> 00:20:13,660 Give me something like a hole for a couple of months. 297 00:20:17,479 --> 00:20:19,879 But if you don't understand the relationship of all four of these 298 00:20:19,879 --> 00:20:24,350 asset classes and what those asset classes should be speaking to 299 00:20:24,350 --> 00:20:26,780 you, when you look at them, that's what I focused on this month. 300 00:20:27,169 --> 00:20:28,429 I didn't give you a top down. 301 00:20:28,669 --> 00:20:33,860 Here's the crack course on trading commodities, personalities day, 302 00:20:37,370 --> 00:20:40,820 last train, and date of the month contract rollover. 303 00:20:44,610 --> 00:20:45,750 I didn't go into other things. 304 00:20:46,830 --> 00:20:51,750 I went and talked about the most salient important things from each asset class. 305 00:20:53,160 --> 00:21:02,370 That's it notice what I taught the likelihood of a directional move per 306 00:21:02,430 --> 00:21:07,980 asset class and the importance of knowing what to look for and when it should have. 307 00:21:11,225 --> 00:21:16,235 What happens when you start seeing just to get to the four asset class 308 00:21:16,715 --> 00:21:20,675 doing one thing, but the other two aren't doing what as they should. 309 00:21:22,115 --> 00:21:23,764 Is that a very symmetrical market? 310 00:21:24,935 --> 00:21:29,524 No, but what happens if we start seeing a third start dealing it? 311 00:21:30,545 --> 00:21:32,585 Well, that's now very interesting, isn't it? 312 00:21:32,675 --> 00:21:36,875 Because it brings us to the question of, okay, it's been uncertain. 313 00:21:38,025 --> 00:21:41,115 But now we have a third asset class starting to behave as it should. 314 00:21:42,105 --> 00:21:44,895 So we're starting to come out of this chaotic uncertainty. 315 00:21:45,525 --> 00:21:51,315 So therefore more of smart money's money is being put to work because 316 00:21:51,315 --> 00:21:53,925 we are just the flea on their pack. 317 00:21:54,375 --> 00:21:55,575 They're the big dogs, not us. 318 00:21:55,575 --> 00:21:56,805 We're never going to be a big dog. 319 00:21:56,835 --> 00:22:05,985 Like they are they're large corporations, banks, institutions, insurance companies. 320 00:22:07,834 --> 00:22:11,945 Pension funds their deep pockets folks. 321 00:22:13,355 --> 00:22:16,774 And if you haven't figured it out yet, that's what I'm hunting. 322 00:22:17,524 --> 00:22:18,455 I'm looking for that. 323 00:22:19,655 --> 00:22:22,115 And if I can't find them, there's not leaving clear tracks. 324 00:22:23,014 --> 00:22:24,544 Um, keep my hands in my pocket. 325 00:22:25,745 --> 00:22:28,324 No, that doesn't look good as a mentor, sometimes it doesn't 326 00:22:28,324 --> 00:22:32,465 look good as a rockstar trader, but what do you think I've been 327 00:22:32,465 --> 00:22:33,875 doing for the last 20 plus years? 328 00:22:33,875 --> 00:22:34,655 This keeps staying in. 329 00:22:35,745 --> 00:22:42,165 That, because if I don't do that, just like, if you don't do that, you won't 330 00:22:42,165 --> 00:22:44,205 be around here 20 years from now. 331 00:22:45,315 --> 00:22:46,515 You won't be here next year. 332 00:22:49,525 --> 00:22:53,595 Maybe you will looking at something else and seeing there's something 333 00:22:53,595 --> 00:22:54,675 else out there better for you. 334 00:22:58,005 --> 00:23:03,625 Listen, if I'm not teaching it, it's not important. 335 00:23:05,190 --> 00:23:07,710 If I'm teaching it, it's important. 336 00:23:09,180 --> 00:23:13,680 I don't have enough time in the day to add stuff to what I already do. 337 00:23:14,280 --> 00:23:14,970 I don't have that. 338 00:23:15,629 --> 00:23:17,580 The time is not a luxury for me anymore. 339 00:23:18,570 --> 00:23:21,690 So I made a promise to everyone that I was going to teach everything that I know. 340 00:23:21,690 --> 00:23:24,330 And what makes me tick as an analyst. 341 00:23:24,330 --> 00:23:26,760 When I look at price, what makes me believe that price is 342 00:23:26,760 --> 00:23:28,320 going to behave a certain way? 343 00:23:28,500 --> 00:23:30,330 Why do I think it's going to go up to that level? 344 00:23:30,330 --> 00:23:31,860 Why they think it's going to go down to that level? 345 00:23:31,889 --> 00:23:32,940 Why do I think it's going to decide. 346 00:23:34,210 --> 00:23:35,800 Why am I avoiding trading 347 00:23:39,040 --> 00:23:44,620 like today because of my experience, knowing what these asset classes are going 348 00:23:44,620 --> 00:23:49,360 to do ahead of a weekend, a hell of a holiday, even to the holidays, not Monday, 349 00:23:49,510 --> 00:23:56,040 not Friday today, it's next Tuesday. 350 00:23:57,990 --> 00:24:00,950 And I know by experience what that will do to the. 351 00:24:02,465 --> 00:24:07,805 And I saw signs of it across all four asset classes today, early. 352 00:24:09,765 --> 00:24:13,845 And because I had to do two videos today and I had to do your PDF 353 00:24:13,845 --> 00:24:16,365 slides, all those things require time. 354 00:24:16,785 --> 00:24:19,755 I'm not trying to hide the workload. 355 00:24:19,785 --> 00:24:20,655 I can't hide it. 356 00:24:20,655 --> 00:24:21,435 It's a lot. 357 00:24:21,705 --> 00:24:28,905 I got to do it, but I can only do it in the 24 hours with sleep and eating due 358 00:24:28,905 --> 00:24:30,225 to things on the normal human beings. 359 00:24:31,350 --> 00:24:35,550 And you're going to have to find time to do those same things in your trading. 360 00:24:35,730 --> 00:24:39,720 You've got to take a peak at these four asset classes may not want to do it. 361 00:24:40,800 --> 00:24:42,060 Maybe your business is you're running. 362 00:24:42,840 --> 00:24:44,310 It's just, it's worry out. 363 00:24:45,180 --> 00:24:48,210 But why are you going to trade without having a greater understanding about what 364 00:24:48,210 --> 00:24:50,010 the market should be doing as a whole 365 00:24:53,740 --> 00:24:56,110 that's nonsense, it's foolishness to do that. 366 00:24:58,020 --> 00:25:00,030 So while you may never be a stopped. 367 00:25:01,610 --> 00:25:06,110 Or trade commodities, or even trade a treasury bond. 368 00:25:07,400 --> 00:25:10,250 It's important for you to understand what they are doing. 369 00:25:10,640 --> 00:25:11,930 What's their seasonal tendency. 370 00:25:12,050 --> 00:25:13,520 Are they behaving seasonally? 371 00:25:14,750 --> 00:25:19,670 Because if they're not, that means that we have a decoupling and it's going to be 372 00:25:19,670 --> 00:25:24,410 hard for the markets to find a one-sided move with great deal of magnitude. 373 00:25:24,410 --> 00:25:29,090 And I'm not saying you won't see trades, it's just, you won't see really strongly. 374 00:25:29,895 --> 00:25:33,345 Like we outlined this past Saturday that we saw come to fruition, 375 00:25:33,855 --> 00:25:36,045 beautifully, across many pairs. 376 00:25:37,725 --> 00:25:41,355 All of our targets were hit and they weren't small moves. 377 00:25:41,355 --> 00:25:47,675 They were large mirrors and it comes by way of looking at all four asset classes. 378 00:25:49,825 --> 00:25:51,625 Listen, if you don't want to do these types of things, Hey, 379 00:25:51,625 --> 00:25:52,585 I'm not gonna twist your arm. 380 00:25:53,575 --> 00:25:54,835 You do what to chew. 381 00:25:55,495 --> 00:25:57,055 I'm here doing what I said I was gonna do. 382 00:25:58,830 --> 00:26:02,370 But for you to understand what the PDF files from the top down 383 00:26:03,120 --> 00:26:05,100 work will give you in August. 384 00:26:06,510 --> 00:26:09,000 You need to start thinking about these four asset classes, because 385 00:26:09,390 --> 00:26:12,810 there's reference points that you have to know in relationship to 386 00:26:12,810 --> 00:26:15,510 what they should be telling you about the general market as a whole. 387 00:26:15,720 --> 00:26:18,330 This is my suggestion. 388 00:26:19,920 --> 00:26:25,710 This month has a lot of teachings, a lot of less. 389 00:26:27,420 --> 00:26:34,250 And I want you to go through this again, and I want you to try to 390 00:26:34,460 --> 00:26:40,580 ferret out the points of discussion that I have for each asset class, 391 00:26:41,360 --> 00:26:43,880 and then try to draw parallels to it. 392 00:26:43,880 --> 00:26:47,210 Because if you start doing that, you'll see where I'm leading you 393 00:26:47,210 --> 00:26:48,920 to with the PDF files in August. 394 00:26:50,480 --> 00:26:52,490 You won't be too near the minor detail. 395 00:26:53,235 --> 00:26:57,135 But you'll have a general understanding that way when you do go through the August 396 00:26:57,584 --> 00:27:03,105 templates, you'll have that moment of astonishment where, cause I got it now. 397 00:27:03,105 --> 00:27:04,004 I see it. 398 00:27:04,215 --> 00:27:08,655 I see it now, now you'll then you'll go back to the June content and say, oh wow. 399 00:27:08,925 --> 00:27:12,135 Now I know exactly why he was talking about that and why he was showing this. 400 00:27:13,004 --> 00:27:16,784 And then you'll feel silly that you felt that this was a waste of your time. 401 00:27:18,554 --> 00:27:21,375 So until next time I wish you good luck and good trading. 35565

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