1 | 00:00:11,820 --> 00:00:24,180 | ICT: Welcome back folks to the April 2017, ICT mentorship, content, teaching ICTD trading model. This is Lesson four specific teaching, projecting daily |
2 | 00:00:24,180 --> 00:00:24,960 | highs and lows. |
3 | 00:00:31,650 --> 00:00:45,000 | Okay, as we just mentioned in the previous teaching, lesson number three central bank dealers range when we talk about the most likely sell days, moving up as |
4 | 00:00:45,000 --> 00:00:54,480 | high as three standard deviations, and most buy days, moving down making the low of the day as low as three standard deviations from the central bank dealers |
5 | 00:00:54,480 --> 00:01:07,110 | range. We can take this one step further. The range at which price works within the contractionary state away from the central bank dealers range. In other |
6 | 00:01:07,110 --> 00:01:17,460 | words, are we moving higher, away from the central bank dealers range for a sell off or sell day? How much of that range are we moving? Now, this is not |
7 | 00:01:17,460 --> 00:01:28,470 | Fibonacci extensions, or projections are like that we're looking specifically at the range that ELLIPTA will go into protraction airy state and move counter the |
8 | 00:01:28,470 --> 00:01:41,640 | direction of the intended direction of the day. In other words, it's the Judas swing. We don't necessarily have to know beforehand to the PIP, what the |
9 | 00:01:42,090 --> 00:01:52,560 | extension is going to be away from the central bank dealers range, we just need to know what it is after the move has already ensued. So even if we get it |
10 | 00:01:52,560 --> 00:02:00,390 | wrong, okay, I'm gonna play devil's advocate for a moment. Say you don't get it right in London. But you're able to capitalize on a continuation in New York. |
11 | 00:02:01,860 --> 00:02:15,030 | How far in the future will price reach based on IP data and using the central bank dealers range that this teaching will give us. And just like we showed with |
12 | 00:02:15,030 --> 00:02:26,580 | the previous slide, ideal scenarios are going to be seen with no more than two standard deviations. Usually, it's about the bulk of buying sell days, you'll |
13 | 00:02:26,580 --> 00:02:35,340 | see price go down many times just one standard deviation. But two is generally the general rule of thumb. But across the board as a general rule of thumb, they |
14 | 00:02:35,340 --> 00:02:46,830 | generally don't like to go beyond three standard deviations. And we already assumed the role for the use of four standard deviations in the previous |
15 | 00:02:46,830 --> 00:02:58,710 | teaching. Okay, just a quick brief review, because I don't know when you're going to watch the lesson three and review. So I'm going to use these slides |
16 | 00:02:58,710 --> 00:03:08,850 | again, because it's salient for this topic. When we look at the Central Bank dealers range again, the range between two o'clock and 8pm that range is ideally |
17 | 00:03:08,880 --> 00:03:19,620 | best suited for our use less than 40 pips and again, preferably 20 to 30 pips, we move to the sidelines, and we do not look to trade with the central bank |
18 | 00:03:19,620 --> 00:03:33,270 | dealers range in our repertoire when the range is greater than 40 pips. And again, we're focusing on nailing down where the high or the day on the low of |
19 | 00:03:33,270 --> 00:03:34,260 | the day may be formed. |
20 | 00:03:40,020 --> 00:03:50,430 | Okay, and we always look at the search by dealers range in terms of using the spread of the wick to wick high to low range between 2pm and 8pm, New York time. |
21 | 00:03:52,350 --> 00:04:04,050 | And I like to look at the body's highest high in the form of open or close, and the lowest low in the form of an open or close, not the wicks. So I get the |
22 | 00:04:04,050 --> 00:04:11,130 | range in the bodies, but then I also do it on the wicks as well because you want to do everything you see in this teaching here. You're gonna do the same thing |
23 | 00:04:11,430 --> 00:04:18,660 | using the wicks but I'm teaching it through the use of the bodies because that's predominantly what I go to first, I get the ranges and projections and |
24 | 00:04:18,660 --> 00:04:20,580 | measurements based on the bodies of the candles |
25 | 00:04:27,210 --> 00:04:39,270 | Okay, so now now we get to the part where most of you have been waiting for a long time to learn this. And to be quite honest, I'm not sure why I'm doing it. |
26 | 00:04:40,740 --> 00:04:51,570 | It's one of those things that I've kept for a long, long time. And I promised that you would learn in this mentorship. So if you are ever in the sharing |
27 | 00:04:51,570 --> 00:05:02,580 | spirit, if you're ever in the Robin Hood mentality you want to give to everyone else that aren't a part of this mentorship. This is one of those things you just |
28 | 00:05:02,580 --> 00:05:11,550 | really, really, really want to keep to yourself. It's not common knowledge. It's not out there anywhere else, believe me, when you start looking at it and seeing |
29 | 00:05:11,580 --> 00:05:23,190 | it, you'll It's mind boggling. It really is mind boggling how precise you can get. But we, we showed the standard deviations and the application of thereof. |
30 | 00:05:23,400 --> 00:05:33,060 | Okay? And obviously, it looks like just grabbing the best ones and doing that. And there it is. It's as simple as that. And it's all pure hindsight. But if you |
31 | 00:05:33,060 --> 00:05:41,250 | look at what am I gonna show you in this teaching, and go back to the analysis during the time, when we're looking at the market like this, you'll see the |
32 | 00:05:41,250 --> 00:05:49,440 | levels that I had given on the chart index. They're all there. Okay? So we're going to take a look at every one of these examples, with the exception of the |
33 | 00:05:49,440 --> 00:06:00,360 | 58 Pip. Central Bank dealers range, because that's a next we don't do anything for that particular day. But we will comment on that when we get to that second |
34 | 00:06:00,630 --> 00:06:07,350 | example. Okay, so let's go to a daily chart and ask you, what do you see here |
35 | 00:06:14,700 --> 00:06:23,460 | kept drawing your attention to a specific level with that little trend line, blue line. And that's the segment of price action that we're looking at in terms |
36 | 00:06:23,460 --> 00:06:34,110 | of those examples. And I'll highlight that little area in this white box. Okay, so we're looking at this whole entire reference point here. And again, I'm gonna |
37 | 00:06:34,110 --> 00:06:42,780 | count you to go back to the time when we were talking about the cable and analysis and all of the charts that were shared. Okay, go back and look at that. |
38 | 00:06:42,780 --> 00:06:53,370 | So none of this stuff is cherry picking, okay. So what we're doing is, is we're looking at the marketplace using the PD array matrix. And we're blending it with |
39 | 00:06:53,400 --> 00:07:02,400 | time and price theory. So we're looking at if the data ranges, we're looking at PD array matrix, are we in a premium or discount, the market trades down in the |
40 | 00:07:02,400 --> 00:07:12,780 | lower range of that white rectangle until it hits a bullish order block. What I've done there is I've taken the Sunday candle, and the Monday candle, blending |
41 | 00:07:12,780 --> 00:07:24,390 | that small little Sunday candle and Monday candle into one candle, blending the two bodies together. And I got a measurement of that. And I projected it across |
42 | 00:07:24,450 --> 00:07:32,970 | the chart. And you can actually go back and look at your notes and look at the forum. And I counsel you to download the charts every day I do them. Because you |
43 | 00:07:32,970 --> 00:07:40,140 | can keep track and see that I don't make any changes, I don't go back and re edit them. You get them as I see it. So that way you can compare what I'm |
44 | 00:07:40,140 --> 00:07:48,240 | explaining to you here was exactly outlined in terms of the PD arrays, specifically, I even tell you, that's a mean threshold of a bullish order block |
45 | 00:07:48,240 --> 00:08:04,230 | there. So price hits that level, creates the first of three up candles. And now we're gonna go into those examples and break it down. Okay, folks, okay, here we |
46 | 00:08:04,230 --> 00:08:14,460 | are, we're at that point where this stuff starts to get really, really interesting. So when we look at these examples, okay, this is where the price |
47 | 00:08:14,460 --> 00:08:28,770 | has traded up into premium on the daily chart. And we did our standard deviations, okay. And we see price that was on a daily chart in a premium at |
48 | 00:08:28,770 --> 00:08:51,480 | this time. We have a bullish candle, right for the down move here. That gives us a bearish order block. That low comes in at 125 93. The high comes in at 125 97. |
49 | 00:08:51,930 --> 00:09:05,190 | So it trades up into the body of the bearish order block. Standard Deviation of to price extends up to the standard deviation right to the PIP and starts to |
50 | 00:09:05,190 --> 00:09:18,510 | trade off for the rest of the day. When we have the standard deviation arrived at based on a PD array, in other words, we're looking at a premium PD array, |
51 | 00:09:19,020 --> 00:09:30,720 | their shorter block price and a daily premium hits it in London have a processionary state in the marketplace due to swing in London goes right to the |
52 | 00:09:30,720 --> 00:09:42,240 | PIP and trades lower. The question is is how low will it go? Well, you have to look at the range that was created by the central bank dealers rains. Projection |
53 | 00:09:42,240 --> 00:09:52,620 | every state in other words, how much of a standard deviation did we see? Because that becomes the noon range to work with and then becomes our multiplier as |
54 | 00:09:52,620 --> 00:10:00,960 | well. So when the market looks to fill the numbers, and I'll tell you what that means when we get to it. We use this reference point here. here, so it has to |
55 | 00:10:00,960 --> 00:10:11,130 | actually the actual standard deviation range that we use for the central bank deelish range, and all the standard deviations that uses to make the high or low |
56 | 00:10:11,160 --> 00:10:26,250 | of the day in London. That becomes your measurement. Okay, so what we have here is the market showing us a midnight in New York candle, vertical line, and then |
57 | 00:10:26,280 --> 00:10:34,830 | 1800 or two o'clock in the afternoon, New York time. And again each day midnight, New York, two o'clock in the afternoon, midnight, New York, two |
58 | 00:10:34,830 --> 00:10:47,640 | o'clock in the afternoon, midnight, New York, two o'clock in the afternoon, okay. And I'm going to give you the London kill zone reference points now. And |
59 | 00:10:47,640 --> 00:10:52,890 | this is that weekly, I'm sorry, daily, premium pdra Here |
60 | 00:10:58,740 --> 00:11:09,990 | price trades up into it, and starts to sell off in this time element here. This gives us our London clothes, time of the day. So this candle here starts it. |
61 | 00:11:10,770 --> 00:11:25,350 | This is the middle of the London kill them close. And we have this candle here. Right there that creates the projected London close time window. But then we |
62 | 00:11:25,350 --> 00:11:36,480 | have ultimately two o'clock where we actually see the close of our highest point nor'easter usually the higher low even when a really long winded trending day, |
63 | 00:11:36,750 --> 00:11:47,160 | two o'clock usually caps the higher low of the day if we if we continue through Monday closed kill zone. Or basically if we go past noon, New York time, we look |
64 | 00:11:47,160 --> 00:11:55,290 | for Dakota two o'clock and dribble down or run up into that, that specific time of the day. So all of these days, we don't have anything on this day here |
65 | 00:11:55,290 --> 00:12:04,920 | because the surge of mighty latrines was 58 pips. Regardless, if we use the wicks as high low or we use the body's high low, it doesn't make a difference. |
66 | 00:12:05,160 --> 00:12:12,990 | The point is it still too much of a central bank dealers range to use for our projections in year two, we have to skip on this day here. But we'll use other |
67 | 00:12:12,990 --> 00:12:22,470 | tools which we'll explain in a moment. The daily bullish or block price trades down into that on this big central bank dealers range day trades down into the |
68 | 00:12:22,620 --> 00:12:32,430 | bullish order block here and finds momentum to trade higher. And then we have the scenario we would expect to see price move higher on a bullish discount |
69 | 00:12:32,430 --> 00:12:43,920 | pdra. And the same thing here continuing up looking to close in our gaps over here, which we'll look at the moment. So when we have this range here price |
70 | 00:12:43,920 --> 00:12:55,650 | price moves into a projection every state two standard deviations, what you do is you take that range. And yes, I do all this by hand. Okay, so we have our |
71 | 00:12:55,650 --> 00:13:09,000 | range. And you just lay that on the bottom of the central bank dealers range, the start layer, then layering them down, hold down Control, drag your image |
72 | 00:13:09,000 --> 00:13:23,160 | away, click on it and drag away with the control button held down. There. Okay, so we have to blend two things now time and price theory. So we're looking for |
73 | 00:13:23,190 --> 00:13:30,420 | this whole range of two standard deviations projected from the central bank dealers range low, that is going to be a bearish day. So we have one standard |
74 | 00:13:30,420 --> 00:13:39,660 | deviation of the total standard deviations used for the central bank the other trends to call the high the day. So we have one of those standard deviations to |
75 | 00:13:39,660 --> 00:13:46,980 | their standard deviations, three of their standard deviations. Why am I doing three is because the price kept going lower, lower, lower, lower, until we get |
76 | 00:13:46,980 --> 00:14:05,100 | to the time of day right in here. Okay, so I'm going to draw a vertical line delineating the beginning and the end of the line kills them before landing |
77 | 00:14:05,100 --> 00:14:17,490 | close, rather. So this candle closes it at noon. This is 11. And it starts as early as 10 o'clock in New York time. Okay, and we have this projected low. So |
78 | 00:14:17,490 --> 00:14:34,770 | I'm going to use this line here. And yes, the charts will look a little bit busy for a moment. And we'll project this out in time. Okay, so we could take profit |
79 | 00:14:34,770 --> 00:14:49,110 | here on this day. The low comes in at 124 76. With a close on that candle starts right at two standard deviations of the central bank dealers range. Right there. |
80 | 00:14:49,110 --> 00:14:59,430 | You see that? Boom hits it. Okay. Yes, it works down a little bit more until you see it a little bit more than that, but not by much. Okay, and now we're going |
81 | 00:14:59,430 --> 00:15:17,100 | to look at the eight 100, which is the cap of the day there's the low. And there's our projected low, right here. 124 40, we called 124 41. So it was off |
82 | 00:15:17,100 --> 00:15:17,640 | by one, Pip. |
83 | 00:15:19,649 --> 00:15:27,419 | Okay, so timewise, we looked forward to occur here, it just fell a bit short, but had to go one more standard deviation, because it kept drifting lower. So |
84 | 00:15:27,839 --> 00:15:35,249 | there's nothing wrong with just taking profits here, and leaving something on for the rest of the day. Because there's a discount PD array of a bullet or |
85 | 00:15:35,249 --> 00:15:44,999 | block down here that we saw on the previous slide. That would be your objective. But you can take profits time, day wise here, with two standard deviations of |
86 | 00:15:44,999 --> 00:15:53,399 | the central bank dealers range, two standard deviations used to make the high that day. So again, in summary, we're taking the total range used of all the |
87 | 00:15:53,669 --> 00:16:04,349 | standard deviations, 123, counting central bank dealers range always. So we have three of them. So we get a mock up of that range, and then projected from the |
88 | 00:16:04,349 --> 00:16:18,629 | low one cell days, it's 123 and gives you the IP the projected daily range low. Okay, let's take this off. Okay, and we can't do anything with this one here. |
89 | 00:16:19,529 --> 00:16:27,599 | We'll have to wait get new information. The next day here, we have our criteria here where it's a small enough range. And since my dealers range, we do one |
90 | 00:16:27,599 --> 00:16:36,269 | standard deviation down. Why are we going down one standard deviation, because we have the bullish order blocks in here and an old bullish order block back |
91 | 00:16:36,269 --> 00:16:45,599 | here. Price trades down into it clears out even the rejection block which was the the bodies of the candle sweeps through that in London, one standard |
92 | 00:16:45,599 --> 00:16:54,689 | deviation misses it by two pips. Okay, so this is gonna be a time where you just don't get it exactly, but it's still called one standard deviation. So we get a |
93 | 00:16:54,689 --> 00:17:10,619 | range, okay, of these two together. So when you do a bar this Okay, and I'm getting a measurement of that total range to almost the same thing. And |
94 | 00:17:10,619 --> 00:17:29,729 | actually, it's pretty interesting. Okay, so we have one two, okay, to projected standard deviations up. That gives us a projected high. And I'm gonna tell you |
95 | 00:17:29,729 --> 00:17:43,439 | why I stopped here, before you start thinking, Oh, you're cherry picking. Okay, so we have the projected high call here. Notice that this wick ray here goes |
96 | 00:17:43,439 --> 00:17:53,609 | through our projected idea of where price should go. But this one stops right to the pill. Here's our time limit when it starts on this candle. So it was a |
97 | 00:17:53,609 --> 00:18:02,129 | little bit early, one hour early making the when that one hour early, but in the nine o'clock hour of New York time it made the high the day and 10 o'clock it |
98 | 00:18:02,129 --> 00:18:12,089 | made this candles high 11 and then noon here. Why did it go up to this level here? Forget the time element cuz you're never gonna have that perfectly, but it |
99 | 00:18:12,089 --> 00:18:20,489 | just gives us a ballpark figure timewise when to anticipate the mood to unfold, but I want you to look at that over here we have a candle that makes a low and |
100 | 00:18:20,489 --> 00:18:31,379 | the close comes off that low by little bit, then this candle opens trades up a little bit. So all of this by side delivery vacancy, okay or void of by side |
101 | 00:18:31,379 --> 00:18:50,699 | delivery, it's only sell side delivery begins at this candles low. Okay at 125 26. So from this candles high here at 2503 to this candles low at 2526. We |
102 | 00:18:50,699 --> 00:19:05,039 | have 23 pips of range to close in, right up to this point here. So we can look at that. Like this. Here is the fair value gap that needs to be closed in. It |
103 | 00:19:05,039 --> 00:19:15,749 | does it right there and goes just a PIP or two above it closing in this fair value get from this high to this low. So it closes that in. So there's a |
104 | 00:19:15,749 --> 00:19:23,999 | reasonable expectation for us to take profit there because we want to get early anyway. But that's why I went to that price point using the PD erase phase and |
105 | 00:19:23,999 --> 00:19:34,049 | nothing's changed. It's no new hocus pocus. It's all stuff that you've learned. But now we're applying it with great deal precision and using time elements. |
106 | 00:19:34,379 --> 00:19:46,169 | Okay, so we went two standard deviations up. If we were to go three. We went three. That would took us up to the bearish order block, but we're getting close |
107 | 00:19:46,169 --> 00:19:53,459 | to the time window. So while we could have expected this to occur to is about right, because we're gonna close in the fair value gap as we were running up |
108 | 00:19:53,459 --> 00:20:04,439 | here. And it came late in the day on New York. For London close overlap so That's what we'd expect to see price, peter out at that point. Again, here we |
109 | 00:20:04,439 --> 00:20:13,139 | have two standard deviations down, it goes right to the PIP. So we get a measurement of this entire range of two standard deviations for that particular |
110 | 00:20:13,139 --> 00:20:13,469 | day. |
111 | 00:20:20,430 --> 00:20:23,160 | Okay, so we have our range defined. |
112 | 00:20:28,530 --> 00:20:46,560 | You have that one and two, okay, so we have two potential standard deviations up. And also when price trades down two standard deviations, what we're actually |
113 | 00:20:46,560 --> 00:20:57,090 | seeing is it trades down to another discount PD array, which is these three consecutive down candles. All I do is extend this over, and you'll see the |
114 | 00:20:57,090 --> 00:21:14,730 | overlap. Okay, it's the price trades down hits it. The opening on this candle is 124 36. The low on this candle is 124 36. Precision, two standard deviations, |
115 | 00:21:14,910 --> 00:21:25,620 | okay. And as a general rule of thumb, I like to always throw too often just to see what would line up. So on the first one, we see price could reach up to this |
116 | 00:21:25,620 --> 00:21:37,500 | fair value gap in here. So this candle, high in this candle low, we left a little bit of sell side delivery only. So as a by side liquidity void that we |
117 | 00:21:37,500 --> 00:21:48,990 | can see a trade up into, it's more specifically this candle, not this one, I'm sorry, this candle here. So we can look at that. frame that out here. Okay, so |
118 | 00:21:48,990 --> 00:22:01,830 | on this day price trades up, here's the noon, close of London, this candle right here, trades up closes in to the bearish order block, it goes inside of the |
119 | 00:22:01,830 --> 00:22:11,850 | second deviation. So while there still may be some range permitted based on the projections, it's the PD raise that call the shot. Okay, this is not the magic |
120 | 00:22:11,850 --> 00:22:22,170 | of these projections, these projections will lead you to an overlap of time and price. So we're looking at the extension of the range, two standard deviations, |
121 | 00:22:22,170 --> 00:22:31,320 | measure that projected above from the eight, consolidate consolidation of the central bank dealers range Hi, we placed that on there, one standard deviation |
122 | 00:22:31,350 --> 00:22:37,800 | that we're not alone would have been enough. And you could have took profits right there. And that would be fine. And just left that little piece on there |
123 | 00:22:37,800 --> 00:22:46,620 | for the fair value, get the film and let the rest of the people chase that. The second one, you can have a little piece of wood and still, once it closes in the |
124 | 00:22:46,620 --> 00:22:55,650 | fair value gap again, you would take another portion of your trade off, and then see if it has any room to trade higher. Ultimately, it never does. But that's |
125 | 00:22:55,710 --> 00:23:06,330 | that's the way you use it in order even the London close kill zone will enclose kills them love includes kill zone, the standard deviation range from the |
126 | 00:23:06,330 --> 00:23:14,970 | central bank range protection every state in other words, how many standard deviations just go up, that's your key. Okay, that's the thing that makes up the |
127 | 00:23:15,000 --> 00:23:27,750 | reach for it. Now, it will go those many blocks down until it reaches the time of day where we expect the rains to cap that means it's if it's a New York |
128 | 00:23:28,560 --> 00:23:38,610 | session reversal, like we see here. Now we're not using the range here because the central bank dealer drains is to to extend it. But price trades down into a |
129 | 00:23:38,730 --> 00:23:48,600 | New York session reversal because it hits a daily bullish order block. And then that's our weekly low in price has a slightly bullish day intraday on the next |
130 | 00:23:48,600 --> 00:24:00,690 | day. And then we have our setup going into the rally on March 30. Trading down into a rejection block bullish order block overlap. And then two standard |
131 | 00:24:00,690 --> 00:24:11,040 | deviations up nails it no we didn't get the exact range high in here. But using the fair value gap in here, it would get you real close to pips away from it. So |
132 | 00:24:11,040 --> 00:24:17,400 | you can't argue about that. And it's sometimes you're going to be right to the PIP sometimes you'll be just short one or two pips. And other times it'll be |
133 | 00:24:17,400 --> 00:24:24,120 | just maybe five or six pips above. And there's nothing wrong with leaving a little bit of that on the table. If you're looking for that always, I'm not |
134 | 00:24:24,120 --> 00:24:32,970 | gonna be able to help you with that measure of precision. So by blending these things like this, it gives us an overlap of central bank dealers range |
135 | 00:24:33,570 --> 00:24:43,830 | projections. Okay, and let me remind you that the precision really is on the entry side of the low on the buy days in the high on the sell days. That's the |
136 | 00:24:43,830 --> 00:24:53,220 | standard deviations tactic. Now, where this will get you in trouble is you're going to try to apply the standard deviations based on the range between two |
137 | 00:24:53,220 --> 00:24:59,160 | o'clock in the afternoon 8pm New York time, you're going to try to do it every single day and you're going to forget about the importance of having a range |
138 | 00:24:59,160 --> 00:25:07,290 | between 20 and 30. pips for the central bank dealers range, it has to be less than 40. And you have to have a directional bias. Remember, we were in a premium |
139 | 00:25:07,290 --> 00:25:15,210 | up here, we saw price coming down to discount PD array, which is the bullish order block, reasonably expected to bounce bounce it does. Okay, so to get into |
140 | 00:25:15,210 --> 00:25:15,780 | buy side, |
141 | 00:25:16,890 --> 00:25:25,260 | the one standard deviation, then I could have done two standard deviations, okay? And trade down below these wicks code on that. But it already hit this |
142 | 00:25:25,260 --> 00:25:36,060 | order block. And we found this low in here, the bodies equal in here, we swept it didn't get quite down there. No problem, big deal. Even if you missed this |
143 | 00:25:36,060 --> 00:25:45,720 | move, look at this one here, you make up for it the next day. Is it a trade every single day? No, that's what I'm trying to show you. By sitting down with |
144 | 00:25:45,720 --> 00:25:53,790 | you every single trading day and using the things that you've learned thus far in the order that you've been learning them, you can see that it doesn't equate |
145 | 00:25:53,790 --> 00:26:02,760 | to getting money every single day. Now, some of you are in here, using other tools and using things of your own. You're in your own discovery of my tools and |
146 | 00:26:02,760 --> 00:26:10,770 | such and you're able to find some setups, that's fine, it's great. But when we do live sessions, I don't want folks trying to call out what they think is going |
147 | 00:26:10,770 --> 00:26:20,100 | to happen unless I'm specifically asking you, because I'm trying to keep the learning curve, basically, everyone in the same mindset. Because if I can hold |
148 | 00:26:20,100 --> 00:26:30,000 | you all collectively, as long as I can, in that mindset, you'll hopefully learn in the closest way possible, step by step with each other. And some of you a |
149 | 00:26:30,000 --> 00:26:37,080 | little bit more advanced, because you've been using my stuff a little bit longer than the mentorship started. But a lot of us are in here are talking for the |
150 | 00:26:37,080 --> 00:26:47,610 | first time. And we're using the content, you know, in a graduate modular state. And this is the way you learn it. So by blending these things, again, this has |
151 | 00:26:47,610 --> 00:26:57,270 | nothing to do with Elliott wave, it doesn't have anything supply and demand. It's all interbank delivery. Okay, so this is the science, if you will, behind |
152 | 00:26:57,270 --> 00:27:07,800 | HIPAA, calling the daily high and low. Please, please understand that this is something that should not be out there on YouTube. If you see this on YouTube, |
153 | 00:27:07,830 --> 00:27:16,740 | send me an email at inner circle trader@gmail.com. To help me that's the only or send me the link. And I will flag it and have you to take it down. None of you |
154 | 00:27:16,770 --> 00:27:24,330 | would have permission. None of you have permission to post this anywhere. And I certainly don't want to post it on online video hosting mediums or made |
155 | 00:27:24,330 --> 00:27:33,240 | available to other people. So it's just too good to be out there in the public. I debated whether or not I was even going to include this, if you I would have |
156 | 00:27:33,240 --> 00:27:41,610 | kept it out, you never would have known in any way. But you would have, you would have missed how I'm pretty much calling the highs and lows, when they're |
157 | 00:27:41,610 --> 00:27:51,060 | specific times of the day and times of the week and times of the month, where it lines up. This is how I do it. So hopefully you found this insightful, I'm sure |
158 | 00:27:51,060 --> 00:27:59,400 | some of you are going to be nuts about it go through all your charts in this week, it'll probably be a very light sleeping week. But I can assure you that |
159 | 00:27:59,430 --> 00:28:07,980 | this isn't all there is we get a lot more precise than this. But there's some things that you have to take in consideration. Obviously, if I gave this on a |
160 | 00:28:07,980 --> 00:28:15,960 | YouTube video and mentioned, you know, all the things that we've learned so far, in the mentorship, it still wouldn't serve many people because they would try to |
161 | 00:28:15,960 --> 00:28:23,940 | over use it, they would try to use it every single day, they wouldn't understand the PDA rate matrix, they wouldn't understand the if the data ranges, they would |
162 | 00:28:23,940 --> 00:28:32,730 | just not have all the insights that you have. So again, this gets back to why it can't be done in a video, it can't be just one video does it you have to have |
163 | 00:28:32,730 --> 00:28:40,260 | all the stuff that's been taught thus far. And now you can see how they start to draw together. And there's some symmetry here. So now because we are |
164 | 00:28:40,260 --> 00:28:49,710 | understanding these ranges, we can take our precision a little bit more further and now start to understand when we don't really want to be taking specific data |
165 | 00:28:49,710 --> 00:28:58,470 | rates. So now instead of trading every single trading day, while I will be forced to try to do it, I will remind you based on these rules that there is or |
166 | 00:28:58,470 --> 00:29:09,660 | is not the high probability setup based on the central bank dealer trains being in an area of discount or premium, and we're not in a range that is conducive. |
167 | 00:29:10,050 --> 00:29:19,170 | 2030 is ideal. In terms of pips for the central bank deals range. If it's bigger than that, we have a harder time getting these measurements. Okay, so remember |
168 | 00:29:19,170 --> 00:29:26,370 | goes back to power three, average daily range is about 100 pips, not always but generally, and we look for an average about 33 pips for a projection any state |
169 | 00:29:26,370 --> 00:29:35,880 | in London doesn't have to do that it can be just six pips, okay, but generally, we allow up to 33 but if we have a central bank dealers range is greater than 40 |
170 | 00:29:35,880 --> 00:29:44,940 | pips, it usually messes up the synchronization for the London Open kill time. So hopefully you found this insightful please do not share it. Please don't be your |
171 | 00:29:44,940 --> 00:29:54,300 | best friend to somebody else. And give this out to someone keep it to your close to your best. Don't share it. Trust me it's way way too good to be out there for |
172 | 00:29:54,300 --> 00:30:01,500 | everyone else to know. You pay for it. Be Greedy with it. There's nothing wrong with that you earned it. Until next time Sandwich good luck and good trading |