Wiki source code of ICT YT - 2017-09-27 - UsdCad Commentary.srt
Show last authors
| author | version | line-number | content |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 00:00:17,940 ~-~-> 00:00:29,640 | ||
| 3 | ICT: All right, all right. All right, we are looking at the dollar CAD pair and | ||
| 4 | my 2424 40 levels about k hit. I gave you guys on Twitter, you can see that over | ||
| 5 | |||
| 6 | 2 | ||
| 7 | 00:00:29,640 ~-~-> 00:00:49,110 | ||
| 8 | here. Just give it a few seconds here, make sure to keep things honest around | ||
| 9 | here. So I mentioned that we would see a run on the buy stops around the 124, | ||
| 10 | |||
| 11 | 3 | ||
| 12 | 00:00:49,110 ~-~-> 00:01:05,340 | ||
| 13 | big figure. And we would see 124 20 and then 124 40. And they would be our | ||
| 14 | objectives at the time of this recording. Okay, it is 1:24pm. East Coast time in | ||
| 15 | |||
| 16 | 4 | ||
| 17 | 00:01:05,340 ~-~-> 00:01:16,020 | ||
| 18 | the US. I'm in the state of Maryland. So it's on East Coast time. And you can | ||
| 19 | see a punch rate to our targets right there. Very good. Very good. So one more | ||
| 20 | |||
| 21 | 5 | ||
| 22 | 00:01:16,020 ~-~-> 00:01:26,310 | ||
| 23 | in the books on his hind sight, magic moments. So we're looking at what caused | ||
| 24 | this move here today. And as some of you are probably scratching your head, you | ||
| 25 | |||
| 26 | 6 | ||
| 27 | 00:01:26,310 ~-~-> 00:01:35,610 | ||
| 28 | know, what's going on? Why do you trade so deeply blower, and I'm going to talk | ||
| 29 | about that in the scope of the free tutorials. So in other words, what we're | ||
| 30 | |||
| 31 | 7 | ||
| 32 | 00:01:35,610 ~-~-> 00:01:49,500 | ||
| 33 | looking for is reasons to suspect why this could have happened using the | ||
| 34 | information not taught in the free tutorials from 2010. On to 2000. Was it 16. | ||
| 35 | |||
| 36 | 8 | ||
| 37 | 00:01:50,280 ~-~-> 00:02:02,580 | ||
| 38 | So we have a few things that took place here, obviously, there's some buy stops, | ||
| 39 | okay, I started running here, and here. And they engineered that as a resistance | ||
| 40 | |||
| 41 | 9 | ||
| 42 | 00:02:02,580 ~-~-> 00:02:17,940 | ||
| 43 | level. So everyone on the forums on social media, everyone running you signal | ||
| 44 | services, you can see this as a resistance point, okay, and therefore expect a | ||
| 45 | |||
| 46 | 10 | ||
| 47 | 00:02:17,940 ~-~-> 00:02:32,670 | ||
| 48 | low to be made a longer term timeframe, now it's moving lower. So let's go over | ||
| 49 | to the dollar index. Okay. And I'll kind of like want to ask you look at this | ||
| 50 | |||
| 51 | 11 | ||
| 52 | 00:02:32,670 ~-~-> 00:02:40,650 | ||
| 53 | price action here for the dollar is pretty much a solid day. I mean, we've had | ||
| 54 | new the market make a nice move away from midnight, does keep trading higher and | ||
| 55 | |||
| 56 | 12 | ||
| 57 | 00:02:40,650 ~-~-> 00:02:53,880 | ||
| 58 | higher and higher. Folks that you try to do, reversals against an underlying | ||
| 59 | strong pair get chopped up smashed, and that was indicative of today's action on | ||
| 60 | |||
| 61 | 13 | ||
| 62 | 00:02:53,880 ~-~-> 00:03:06,930 | ||
| 63 | dollar. It's real hard to fight that in Sunday. With my personal private group, | ||
| 64 | I gave them scenarios that would lead to potential run on $1. And I keep the | ||
| 65 | |||
| 66 | 14 | ||
| 67 | 00:03:06,930 ~-~-> 00:03:15,420 | ||
| 68 | comments, and I don't want to open up a Pandora's box because immediately I | ||
| 69 | don't know anything about Bitcoin. I've always been a, an opponent to it. I | ||
| 70 | |||
| 71 | 15 | ||
| 72 | 00:03:15,420 ~-~-> 00:03:25,800 | ||
| 73 | think it's just basically the new breed of penny stocks. Okay, and until more | ||
| 74 | time is there behind them. I'm open to changing my mind at a later time. But for | ||
| 75 | |||
| 76 | 16 | ||
| 77 | 00:03:25,800 ~-~-> 00:03:33,480 | ||
| 78 | right now, I just don't personally believe that Bitcoin is something I should be | ||
| 79 | concerned myself with. He doesn't matter that it went up as high as it did. | ||
| 80 | |||
| 81 | 17 | ||
| 82 | 00:03:33,630 ~-~-> 00:03:41,070 | ||
| 83 | Because penny stocks do that all the time. And just because they do it doesn't | ||
| 84 | mean everybody's poor money, or that they should. Okay, so, and again, I don't | ||
| 85 | |||
| 86 | 18 | ||
| 87 | 00:03:41,070 ~-~-> 00:03:47,880 | ||
| 88 | know anything about Bitcoin, I couldn't even begin to trade Bitcoin to save my | ||
| 89 | own life. I don't know that much about it. But I made some comments about how I | ||
| 90 | |||
| 91 | 19 | ||
| 92 | 00:03:47,880 ~-~-> 00:04:01,140 | ||
| 93 | felt that they were going to strengthen the dollar. There's a lot of concern | ||
| 94 | about moving into the dollar. A South America, and if you paying attention below | ||
| 95 | |||
| 96 | 20 | ||
| 97 | 00:04:01,140 ~-~-> 00:04:08,190 | ||
| 98 | the North American continent, there's a lot of countries down there. And I'm not | ||
| 99 | gonna name names specifically. But because YouTube has a lot of issues with | ||
| 100 | |||
| 101 | 21 | ||
| 102 | 00:04:08,190 ~-~-> 00:04:12,060 | ||
| 103 | flagging people when it comes to political stuff. So I'm going to kind of like | ||
| 104 | keep it | ||
| 105 | |||
| 106 | 22 | ||
| 107 | 00:04:13,560 ~-~-> 00:04:24,450 | ||
| 108 | as neutral as I possibly can. But there's a particular country right now that's | ||
| 109 | moving its south or trying to do very well against the dollar and or it's moving | ||
| 110 | |||
| 111 | 23 | ||
| 112 | 00:04:24,450 ~-~-> 00:04:32,760 | ||
| 113 | away from it. They want to use the dollar, okay? And they're in cahoots with | ||
| 114 | potentially working with another country in the Middle East. Okay, and if you do | ||
| 115 | |||
| 116 | 24 | ||
| 117 | 00:04:32,760 ~-~-> 00:04:40,980 | ||
| 118 | a Google search, you'll know who these people are. various countries are. And I | ||
| 119 | mentioned that they would probably want to strengthen the dollar on the heels of | ||
| 120 | |||
| 121 | 25 | ||
| 122 | 00:04:40,980 ~-~-> 00:04:51,210 | ||
| 123 | all of the excitement around the Bitcoin market. Okay, and now again, I don't | ||
| 124 | know what bitcoins doing. I haven't even looked at a chart that care less, okay, | ||
| 125 | |||
| 126 | 26 | ||
| 127 | 00:04:51,210 ~-~-> 00:05:00,720 | ||
| 128 | but there's this major discussion about, you know, the dollar taken dumper, and | ||
| 129 | it's dead. It's going to this it's going to do that and again, Whenever there's | ||
| 130 | |||
| 131 | 27 | ||
| 132 | 00:05:00,720 ~-~-> 00:05:13,950 | ||
| 133 | market sentiment built in that strongly, I like to be the other side of the | ||
| 134 | marketplace. So going back to our dollar CAD, we had the market prior to a big | ||
| 135 | |||
| 136 | 28 | ||
| 137 | 00:05:13,950 ~-~-> 00:05:26,910 | ||
| 138 | speaker. Okay? There was a fella, there's a fella here talking today 1145. This | ||
| 139 | is all East Coast time, New York time. And it was high impact. And the question | ||
| 140 | |||
| 141 | 29 | ||
| 142 | 00:05:26,910 ~-~-> 00:05:37,050 | ||
| 143 | is, is if the dollar is going higher, okay, if the dollar is going higher, at | ||
| 144 | the same time that they're dragging the dollar CAD lower? Well, math doesn't | ||
| 145 | |||
| 146 | 30 | ||
| 147 | 00:05:37,050 ~-~-> 00:05:46,920 | ||
| 148 | make any sense. So what are they doing? They're keeping these buy stops in play, | ||
| 149 | coming all the way back down to take some liquidity out of the marketplace. | ||
| 150 | |||
| 151 | 31 | ||
| 152 | 00:05:47,010 ~-~-> 00:05:54,930 | ||
| 153 | Okay, and I like this one here. And obviously, the question is going to be Why | ||
| 154 | didn't you pick this this one? Or why they didn't go below this one? You know, | ||
| 155 | |||
| 156 | 32 | ||
| 157 | 00:05:54,930 ~-~-> 00:06:05,730 | ||
| 158 | well, admittedly, I wanted this one to collapse a trade. And you can see the | ||
| 159 | limit order here. And another limit order right in here. This low in this low | ||
| 160 | |||
| 161 | 33 | ||
| 162 | 00:06:05,730 ~-~-> 00:06:14,610 | ||
| 163 | was what was being targeted for that, okay. And let go and a reason why that's | ||
| 164 | the case. But we understand from the sniper series, persistent trading concepts, | ||
| 165 | |||
| 166 | 34 | ||
| 167 | 00:06:16,320 ~-~-> 00:06:25,740 | ||
| 168 | those video series that put out, we target these levels. Okay. So while everyone | ||
| 169 | else is looking to deal with things we are thinking, or at least I was trying to | ||
| 170 | |||
| 171 | 35 | ||
| 172 | 00:06:25,740 ~-~-> 00:06:34,020 | ||
| 173 | teach you to think like a market maker. And throughout hard to do that with | ||
| 174 | neophyte traders, because they have, it's better for you to learn what it's like | ||
| 175 | |||
| 176 | 36 | ||
| 177 | 00:06:34,020 ~-~-> 00:06:42,930 | ||
| 178 | to be wrong a lot, but not lose a lot of money. So that way, you don't have a | ||
| 179 | whole lot of bad habits, but you can appreciate when you can take the market and | ||
| 180 | |||
| 181 | 37 | ||
| 182 | 00:06:42,930 ~-~-> 00:06:49,950 | ||
| 183 | turn it upside down and suddenly see everything as it really is, doesn't mean | ||
| 184 | you're always right, that I'm always right. But sometimes I'm pretty, right. So | ||
| 185 | |||
| 186 | 38 | ||
| 187 | 00:06:50,460 ~-~-> 00:06:59,970 | ||
| 188 | this is where I was looking to see the collapse on the market, making a move | ||
| 189 | lower, I didn't think it would go much lower than that in terms of a hold for | ||
| 190 | |||
| 191 | 39 | ||
| 192 | 00:06:59,970 ~-~-> 00:07:08,580 | ||
| 193 | short. But my opinion was, I was waiting to see if they drove it below this low | ||
| 194 | here. And that's what's in my chart that I tweeted on Twitter, and had it done | ||
| 195 | |||
| 196 | 40 | ||
| 197 | 00:07:08,580 ~-~-> 00:07:16,980 | ||
| 198 | that I would have bought below that for a turtle suit. And with the anticipation | ||
| 199 | of running, the buy stops going taking something out midpoint in here, maybe | ||
| 200 | |||
| 201 | 41 | ||
| 202 | 00:07:16,980 ~-~-> 00:07:28,050 | ||
| 203 | around 2365 or so and then taking profit at the high at 24 710, scaling | ||
| 204 | something off at 2420. And then ultimately leaving that small portion on for | ||
| 205 | |||
| 206 | 42 | ||
| 207 | 00:07:28,050 ~-~-> 00:07:38,670 | ||
| 208 | 2440. And you can see, we were right on the money on them again. I was a little | ||
| 209 | off. I was off by five pips, but that's sometimes gonna happen. And that's okay, | ||
| 210 | |||
| 211 | 43 | ||
| 212 | 00:07:38,700 ~-~-> 00:07:46,050 | ||
| 213 | I'm not worried about calling the very high. Bottom line is, is I didn't get any | ||
| 214 | of the thing on the long side. Okay, even though that's where I thought the | ||
| 215 | |||
| 216 | 44 | ||
| 217 | 00:07:46,050 ~-~-> 00:07:59,970 | ||
| 218 | markets gonna go. But because we had a optimal trade entry in here. Okay, | ||
| 219 | optimal trade entry short. That movement lower. Okay, gave us the targets below | ||
| 220 | |||
| 221 | 45 | ||
| 222 | 00:07:59,970 ~-~-> 00:08:09,840 | ||
| 223 | these swing lows. So everything I gave you, in terms of your free tutorials, is | ||
| 224 | seen in this particular price action and the context because there's a ongoing | ||
| 225 | |||
| 226 | 46 | ||
| 227 | 00:08:09,840 ~-~-> 00:08:22,830 | ||
| 228 | storyline with the new breed of mentors that are on Twitter and Social Media. | ||
| 229 | I'm taking the high road, okay, I'm not trying to bash anybody else. Okay, I'm | ||
| 230 | |||
| 231 | 47 | ||
| 232 | 00:08:22,830 ~-~-> 00:08:30,030 | ||
| 233 | not trying to make fun of anyone else, because I've done that a lot in the past. | ||
| 234 | And to be clear, he is kind of like a prick move. So I'm trying not to be a | ||
| 235 | |||
| 236 | 48 | ||
| 237 | 00:08:30,030 ~-~-> 00:08:39,990 | ||
| 238 | prick. So I mute all the folks that either talk something to me on twitter | ||
| 239 | that's either ignorant number one, or trying to get a rise out of me. So you're | ||
| 240 | |||
| 241 | 49 | ||
| 242 | 00:08:39,990 ~-~-> 00:08:51,690 | ||
| 243 | not going to get a rise out of me. So you can just relax. But there's this | ||
| 244 | growing trend of folks that are now obviously starting mentorships. And they're | ||
| 245 | |||
| 246 | 50 | ||
| 247 | 00:08:51,690 ~-~-> 00:08:59,610 | ||
| 248 | claiming, you know, they went through my program, I can tell you, there's two of | ||
| 249 | them. Okay, and you know who you are. So before I start talking about you on | ||
| 250 | |||
| 251 | 51 | ||
| 252 | 00:08:59,610 ~-~-> 00:09:07,770 | ||
| 253 | social media and calling you out on it, you didn't go through my mentorship | ||
| 254 | program. Okay, so please don't promote your product, like you did, because you | ||
| 255 | |||
| 256 | 52 | ||
| 257 | 00:09:07,770 ~-~-> 00:09:08,040 | ||
| 258 | did. | ||
| 259 | |||
| 260 | 53 | ||
| 261 | 00:09:08,340 ~-~-> 00:09:16,620 | ||
| 262 | Okay. So you don't know everything. I taught the mentorship. And anyone that | ||
| 263 | ever tells you that they went through my program or study the ICT program, or | ||
| 264 | |||
| 265 | 54 | ||
| 266 | 00:09:16,620 ~-~-> 00:09:24,690 | ||
| 267 | they went to the mentorship number one, everyone signed a nondisclosure with me, | ||
| 268 | okay, so if they're promoting themselves, like number one, they're breaking NDA, | ||
| 269 | |||
| 270 | 55 | ||
| 271 | 00:09:24,690 ~-~-> 00:09:33,060 | ||
| 272 | and I'll move on that. Secondly, they were specifically told that they can't use | ||
| 273 | my name in their marketing. So that's a telltale sign going forward, if anybody | ||
| 274 | |||
| 275 | 56 | ||
| 276 | 00:09:33,060 ~-~-> 00:09:40,830 | ||
| 277 | ever tells you that they were a private student of mine, okay? And they're going | ||
| 278 | to teach you what's in the mentorship. They're lying. Okay, so to save your | ||
| 279 | |||
| 280 | 57 | ||
| 281 | 00:09:40,830 ~-~-> 00:09:51,720 | ||
| 282 | money, don't spend your money on that. It is what it is. But if you have bought | ||
| 283 | into a mentorship of some kind, and you're not really looking at things that | ||
| 284 | |||
| 285 | 58 | ||
| 286 | 00:09:51,720 ~-~-> 00:09:59,670 | ||
| 287 | make a whole lot of sense, or it doesn't feel like it's doing too good for you, | ||
| 288 | in October, you're welcome to come to my house, and it's free. So I'm gonna be | ||
| 289 | |||
| 290 | 59 | ||
| 291 | 00:09:59,670 ~-~-> 00:10:09,270 | ||
| 292 | able to do that. through things like this every day, Monday through Friday, you | ||
| 293 | all get to sit down with me and have coffee, coffee with ICT. Yep, that's right. | ||
| 294 | |||
| 295 | 60 | ||
| 296 | 00:10:09,630 ~-~-> 00:10:17,910 | ||
| 297 | I'm going to be doing live analysis over the New York session Monday through | ||
| 298 | Friday. And you'll be able to see what my participation is about particular | ||
| 299 | |||
| 300 | 61 | ||
| 301 | 00:10:17,910 ~-~-> 00:10:25,860 | ||
| 302 | markets. I'm not going to teach you mentorship stuff, but I'm going to call the | ||
| 303 | market every single trading day that my wife and I have made available for me so | ||
| 304 | |||
| 305 | 62 | ||
| 306 | 00:10:25,860 ~-~-> 00:10:33,720 | ||
| 307 | much of his plans, if there's something going around in my personal life, I may | ||
| 308 | not be able to do it. So I'm not obvious to anybody. But I certainly want to be | ||
| 309 | |||
| 310 | 63 | ||
| 311 | 00:10:33,720 ~-~-> 00:10:41,520 | ||
| 312 | able to spend some time with the folks that were outside of our mentorship | ||
| 313 | group. I know a lot of you didn't have the funds to join up, and a lot of you | ||
| 314 | |||
| 315 | 64 | ||
| 316 | 00:10:41,520 ~-~-> 00:10:49,380 | ||
| 317 | would like to do it. Now, I don't have the energy to go through that, again, | ||
| 318 | just it's a lot of work. It's so many hours, I don't even know how many hours of | ||
| 319 | |||
| 320 | 65 | ||
| 321 | 00:10:49,380 ~-~-> 00:10:59,520 | ||
| 322 | video it was, but long and short of it is. I can't do that all over again. I'm | ||
| 323 | still finishing up, I'm obligated to the group until December 1 them physically | ||
| 324 | |||
| 325 | 66 | ||
| 326 | 00:10:59,520 ~-~-> 00:11:11,520 | ||
| 327 | free, okay, but their membership pays for me to have access to have them to have | ||
| 328 | access to me forever. So there's anything that I see in the charts, I can share | ||
| 329 | |||
| 330 | 67 | ||
| 331 | 00:11:11,520 ~-~-> 00:11:19,830 | ||
| 332 | them with them. That is not what everyone's going to be invited to. So please | ||
| 333 | understand that I'm not inviting you into my mentorship group. I'm not inviting | ||
| 334 | |||
| 335 | 68 | ||
| 336 | 00:11:19,830 ~-~-> 00:11:30,510 | ||
| 337 | you into my mentorship tutorial area, you're not seeing that, okay, what I'm | ||
| 338 | providing you is a specific little segment in my forum, where you'll have a | ||
| 339 | |||
| 340 | 69 | ||
| 341 | 00:11:30,510 ~-~-> 00:11:39,870 | ||
| 342 | username and a password that's unique to you. And you'll sign in and you'll be | ||
| 343 | able to kind of like, it's like a blog, okay, but it's dynamic, and you'll be | ||
| 344 | |||
| 345 | 70 | ||
| 346 | 00:11:39,870 ~-~-> 00:11:50,010 | ||
| 347 | able to engage with me, like I'm doing now see this is recorded, you'll be | ||
| 348 | actually be able to see what I'm doing live, okay, at the time, have Monday | ||
| 349 | |||
| 350 | 71 | ||
| 351 | 00:11:50,010 ~-~-> 00:11:56,250 | ||
| 352 | through Friday now doesn't mean every single trading day, I'm gonna be doing | ||
| 353 | something like now I'm done for the week, everything I would have expected for | ||
| 354 | |||
| 355 | 72 | ||
| 356 | 00:11:56,250 ~-~-> 00:12:06,810 | ||
| 357 | the week has happened again. And we did this week after week after week for over | ||
| 358 | a year. And China ingrain that in people's minds in the mentorship group. Now, | ||
| 359 | |||
| 360 | 73 | ||
| 361 | 00:12:06,840 ~-~-> 00:12:16,680 | ||
| 362 | obviously, with a high level degree of why this is supposed to happen and why | ||
| 363 | that's supposed to happen. And I'm going to try to do that same thing, but only | ||
| 364 | |||
| 365 | 74 | ||
| 366 | 00:12:16,680 ~-~-> 00:12:26,610 | ||
| 367 | in the scope of what you've been introduced in terms of the free tutorials, | ||
| 368 | because there's a lot of folks right now, okay, that have thought that it's | ||
| 369 | |||
| 370 | 75 | ||
| 371 | 00:12:26,610 ~-~-> 00:12:34,920 | ||
| 372 | better than to create a signal service or mentorship, because they haven't done | ||
| 373 | well with the actual trading. And I'm not trying to start out republic of any | ||
| 374 | |||
| 375 | 76 | ||
| 376 | 00:12:34,920 ~-~-> 00:12:45,450 | ||
| 377 | kind, okay, but it's better for you to learn how to do it from the source than | ||
| 378 | some people that learn from me, that are just really repackaging my free | ||
| 379 | |||
| 380 | 77 | ||
| 381 | 00:12:45,450 ~-~-> 00:12:56,610 | ||
| 382 | tutorials, okay, because that's really what's been going on. And long and short | ||
| 383 | of it is, all of you, were promised that you would get a better understanding in | ||
| 384 | |||
| 385 | 78 | ||
| 386 | 00:12:56,610 ~-~-> 00:13:07,140 | ||
| 387 | the marketplace, by my material, and my resources. And I want to kind of give | ||
| 388 | you guys a glimpse of what it's like to be able to see these things and observe | ||
| 389 | |||
| 390 | 79 | ||
| 391 | 00:13:07,140 ~-~-> 00:13:16,080 | ||
| 392 | them in real time. Because there's always been this prevailing idea because I | ||
| 393 | won't show you a track record, I won't do this, I won't do that. I spent a lot | ||
| 394 | |||
| 395 | 80 | ||
| 396 | 00:13:16,080 ~-~-> 00:13:26,490 | ||
| 397 | of time trolling a lot of time trolling online, because it got it was fun. It | ||
| 398 | was very entertaining for me. But unfortunately, some individuals took it to a | ||
| 399 | |||
| 400 | 81 | ||
| 401 | 00:13:26,610 ~-~-> 00:13:37,290 | ||
| 402 | totally different level and started really harassing my family members. And no, | ||
| 403 | you know, no one sees my home and no one sees those things while they were | ||
| 404 | |||
| 405 | 82 | ||
| 406 | 00:13:37,290 ~-~-> 00:13:47,040 | ||
| 407 | promoting all those things on Twitter before. It just got really personal. And I | ||
| 408 | had personal members of my family being interrogated, basically asking you, | ||
| 409 | |||
| 410 | 83 | ||
| 411 | 00:13:47,250 ~-~-> 00:13:54,840 | ||
| 412 | where is Michael at? And, you know, where do you live at? And is this your car? | ||
| 413 | And you know, is this where you worked? You know, all these types of things, and | ||
| 414 | |||
| 415 | 84 | ||
| 416 | 00:13:54,840 ~-~-> 00:13:56,100 | ||
| 417 | I got children. So | ||
| 418 | |||
| 419 | 85 | ||
| 420 | 00:13:56,730 ~-~-> 00:14:05,730 | ||
| 421 | it was just very distracting. I couldn't focus on doing the mentorship group. | ||
| 422 | And it wasn't fair to them, or me or my family. So I just pulled it back. So now | ||
| 423 | |||
| 424 | 86 | ||
| 425 | 00:14:05,730 ~-~-> 00:14:15,510 | ||
| 426 | because I'm back on social media, because there's people online, and if you go | ||
| 427 | to forex peace army, there's a goober that, put a comment about a review, | ||
| 428 | |||
| 429 | 87 | ||
| 430 | 00:14:15,840 ~-~-> 00:14:23,250 | ||
| 431 | supposedly being in my mentorship. And I don't recall seeing this particular | ||
| 432 | person by their name in my mentorship group, but it doesn't mean that he wasn't | ||
| 433 | |||
| 434 | 88 | ||
| 435 | 00:14:23,250 ~-~-> 00:14:32,550 | ||
| 436 | piggybacking on someone and sharing because he couldn't afford to pay the | ||
| 437 | payments. So we had about 200 people quit over the course of the last 12 months, | ||
| 438 | |||
| 439 | 89 | ||
| 440 | 00:14:32,640 ~-~-> 00:14:48,870 | ||
| 441 | and I got a strong 664 I think it is yet to turn 64 members to actually | ||
| 442 | completed the course with me. And really solid group. Nobody's you know, a drama | ||
| 443 | |||
| 444 | 90 | ||
| 445 | 00:14:48,870 ~-~-> 00:15:02,010 | ||
| 446 | queen, okay. They're very focused and intent on learning what was shown to them, | ||
| 447 | but there were a few that were introduced to my stuff. Because they were looking | ||
| 448 | |||
| 449 | 91 | ||
| 450 | 00:15:02,010 ~-~-> 00:15:10,890 | ||
| 451 | for signals, they quickly ran away, because they were hoping to make money on | ||
| 452 | signals, and then therefore pay for the service. And I told everyone going in, | ||
| 453 | |||
| 454 | 92 | ||
| 455 | 00:15:10,890 ~-~-> 00:15:20,250 | ||
| 456 | it's not a signal service, it's to teach you how to look at the marketplace. And | ||
| 457 | that's only, that's the only thing I'm promising for you guys to be part of, you | ||
| 458 | |||
| 459 | 93 | ||
| 460 | 00:15:20,250 ~-~-> 00:15:29,370 | ||
| 461 | know, this free venture, it's not, you know, it's not going to have any | ||
| 462 | mentorship stuff in it. Okay, here's no way for you to talk in the forum. | ||
| 463 | |||
| 464 | 94 | ||
| 465 | 00:15:29,700 ~-~-> 00:15:39,180 | ||
| 466 | Because I'm not gonna be babysitting, I have mentorship moderators. But for the | ||
| 467 | most part, everyone conducts themselves in a businesslike in very respectable | ||
| 468 | |||
| 469 | 95 | ||
| 470 | 00:15:39,180 ~-~-> 00:15:48,000 | ||
| 471 | manner. And they are the ones that are voiced. Even those individuals won't be | ||
| 472 | allowed to talk in this specific area, it's just gonna be me. And not to sound | ||
| 473 | |||
| 474 | 96 | ||
| 475 | 00:15:48,030 ~-~-> 00:15:55,770 | ||
| 476 | egotistical, but really, you're in here to really hear what my perspective is | ||
| 477 | either to make fun of me when I'm wrong, or to learn from me, and hopefully, you | ||
| 478 | |||
| 479 | 97 | ||
| 480 | 00:15:55,770 ~-~-> 00:16:04,440 | ||
| 481 | know, I'll give you an opportunity to see, from my perspective, at least, on | ||
| 482 | what the markets are doing, and we're going into a really busy time of the year. | ||
| 483 | |||
| 484 | 98 | ||
| 485 | 00:16:04,710 ~-~-> 00:16:12,420 | ||
| 486 | I really love this time of year, the markets move around gyrate, it's really | ||
| 487 | fun. And I want to be able to share that experience with you. And if you guys | ||
| 488 | |||
| 489 | 99 | ||
| 490 | 00:16:12,420 ~-~-> 00:16:23,400 | ||
| 491 | want to continue into 2018, then it will obviously be a private membership, | ||
| 492 | where, yes, there will be a PayPal link for that. And you probably think I knew | ||
| 493 | |||
| 494 | 100 | ||
| 495 | 00:16:23,400 ~-~-> 00:16:30,930 | ||
| 496 | was coming, that's okay, you don't have to be a part of it. Just like everyone | ||
| 497 | had an invitation to go with the mentorship. I'm making myself available for the | ||
| 498 | |||
| 499 | 101 | ||
| 500 | 00:16:30,930 ~-~-> 00:16:39,480 | ||
| 501 | New York session. So that way you guys want to watch my commentary. In see what | ||
| 502 | I'm looking at real time, again, is not a signal service, I'm not going to tell | ||
| 503 | |||
| 504 | 102 | ||
| 505 | 00:16:39,480 ~-~-> 00:16:48,720 | ||
| 506 | you by here, put your stop here, do any of that stuff I'm going to do is | ||
| 507 | specifically call the market where I think it's going to move from higher or | ||
| 508 | |||
| 509 | 103 | ||
| 510 | 00:16:48,720 ~-~-> 00:16:57,990 | ||
| 511 | lower, and where risk should be defined. And because it's in a demo account, you | ||
| 512 | can't lose money, and you can't make money. And if you got a problem with that | ||
| 513 | |||
| 514 | 104 | ||
| 515 | 00:16:58,020 ~-~-> 00:17:08,340 | ||
| 516 | don't even bother coming in. Okay, but you're certainly welcome to spend the | ||
| 517 | rest of this year with me and see what goes on and how accurately can be and | ||
| 518 | |||
| 519 | 105 | ||
| 520 | 00:17:08,340 ~-~-> 00:17:19,020 | ||
| 521 | when we're wrong. So I'll leave it to you guys to discern whether or not it's of | ||
| 522 | any interest to you. But I just got a really bad taste in my mouth when someone | ||
| 523 | |||
| 524 | 106 | ||
| 525 | 00:17:19,080 ~-~-> 00:17:33,720 | ||
| 526 | or some folks that spent time with me make a case about belittling people that | ||
| 527 | follow my work. But they're just really just repackaging my stuff. Okay, broken | ||
| 528 | |||
| 529 | 107 | ||
| 530 | 00:17:33,720 ~-~-> 00:17:45,480 | ||
| 531 | nose patterns, and you know exactly what I'm talking about. Okay, it's just | ||
| 532 | really breakers in mitigation blocks. So, yeah, moral net, I'm sure, only in the | ||
| 533 | |||
| 534 | 108 | ||
| 535 | 00:17:45,480 ~-~-> 00:17:53,190 | ||
| 536 | capacity of YouTube. But it is what it is, you guys got a couple different | ||
| 537 | examples this week. And they weren't small little scalps. They're big, big, big | ||
| 538 | |||
| 539 | 109 | ||
| 540 | 00:17:53,190 ~-~-> 00:18:00,870 | ||
| 541 | moves. And this is what we do. We look for decisive moves in the marketplace, we | ||
| 542 | look for elephant tracks, okay. And if we see an elephant track, we know we got | ||
| 543 | |||
| 544 | 110 | ||
| 545 | 00:18:00,870 ~-~-> 00:18:10,530 | ||
| 546 | an elephant. And elephants aren't small. If you put an elephant turned loose in | ||
| 547 | a china cabinet, you know, it's gonna destroy a lot of things and leave a lot of | ||
| 548 | |||
| 549 | 111 | ||
| 550 | 00:18:10,530 ~-~-> 00:18:18,960 | ||
| 551 | evidence that they came through. And you can see that there's a big elephant | ||
| 552 | track in the market, most of that mentioned today, and also with the euro | ||
| 553 | |||
| 554 | 112 | ||
| 555 | 00:18:18,960 ~-~-> 00:18:28,650 | ||
| 556 | dollar. So with that, folks, hopefully, this has been insightful to you. If it | ||
| 557 | hasn't been, it's fine. If you like these types of things, and you want to see a | ||
| 558 | |||
| 559 | 113 | ||
| 560 | 00:18:28,650 ~-~-> 00:18:37,920 | ||
| 561 | more dynamic way of doing it, over charts live. That's what's coming in October, | ||
| 562 | along with my old tutorial, so that way you guys can follow along. There's a lot | ||
| 563 | |||
| 564 | 114 | ||
| 565 | 00:18:37,920 ~-~-> 00:18:47,010 | ||
| 566 | of folks that email me on a daily, hundreds of emails a day, come into my inner | ||
| 567 | circle trader@gmail.com. And I'll just answer it all right now, all of my old | ||
| 568 | |||
| 569 | 115 | ||
| 570 | 00:18:47,070 ~-~-> 00:18:56,190 | ||
| 571 | tutorials are coming back, they're going to be in a forum, the website, the | ||
| 572 | inner circle, trader.com will be the link. Okay. And then it'll | ||
| 573 | |||
| 574 | 116 | ||
| 575 | 00:18:56,190 ~-~-> 00:19:04,290 | ||
| 576 | be a membership, where you sign up, there is no cost for this whole rest of | ||
| 577 | remaining this year. I'm not asking for anything, you guys are welcome to come | ||
| 578 | |||
| 579 | 117 | ||
| 580 | 00:19:04,290 ~-~-> 00:19:13,320 | ||
| 581 | in, and just watch, okay, and if you think it's great, and you want to continue | ||
| 582 | in 2018, you will be given an invitation to do so. If you don't be a welcome to | ||
| 583 | |||
| 584 | 118 | ||
| 585 | 00:19:13,410 ~-~-> 00:19:23,640 | ||
| 586 | talk all kinds of mess about me online. I don't care. I don't mind. Okay. It | ||
| 587 | doesn't bother me. But you have, basically, what's that? October, November, | ||
| 588 | |||
| 589 | 119 | ||
| 590 | 00:19:23,640 ~-~-> 00:19:31,410 | ||
| 591 | December, you got three months to spend with me. Okay, and I can't promise every | ||
| 592 | single day Monday through Friday, but there'll be enough for you to see that | ||
| 593 | |||
| 594 | 120 | ||
| 595 | 00:19:31,410 ~-~-> 00:19:40,410 | ||
| 596 | there is a way of looking at price action, and having an understanding where it | ||
| 597 | should go, why it should go there. And using just the free tutorials alone, and | ||
| 598 | |||
| 599 | 121 | ||
| 600 | 00:19:40,410 ~-~-> 00:19:49,020 | ||
| 601 | I'm going to really be focusing on giving you a better understanding of optimal | ||
| 602 | trade entry. Because everything I've told you this week, there was just one | ||
| 603 | |||
| 604 | 122 | ||
| 605 | 00:19:49,020 ~-~-> 00:19:58,950 | ||
| 606 | pattern, optimal trade entry. So that one particular pattern, the one I started | ||
| 607 | with back on bt pis back in 2010. That's the one I started with. And that's the | ||
| 608 | |||
| 609 | 123 | ||
| 610 | 00:19:58,950 ~-~-> 00:20:07,560 | ||
| 611 | one I'm sticking To for everyone to be able to find a little niche in the | ||
| 612 | marketplace because that pattern is on every timeframe. It's in every style of | ||
| 613 | |||
| 614 | 124 | ||
| 615 | 00:20:07,560 ~-~-> 00:20:16,800 | ||
| 616 | trading, long term position trading, or scalping on a one minute chart. So until | ||
| 617 | I talk to you next time, which probably won't be until next week in terms of a | ||
| 618 | |||
| 619 | 125 | ||
| 620 | 00:20:16,800 ~-~-> 00:20:21,570 | ||
| 621 | video, wish you good luck, good trading, have yourself a pleasant safe week, and | ||
| 622 | I'll catch up with you next time. |