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... ... @@ -1,383 +1,79 @@ 1 -1 2 -00:00:10,620 ~-~-> 00:00:20,400 3 -ICT: Okay, folks, taking a look at the Dollar Index here, and I'll give you a 4 -reason why I outlined this morning. And we've done that New York session 1 +(% class="hover min" %) 2 +|1 |00:00:10,620 ~-~-> 00:00:20,400 |ICT: Okay, folks, taking a look at the Dollar Index here, and I'll give you a reason why I outlined this morning. And we've done that New York session 3 +|2 |00:00:20,700 ~-~-> 00:00:31,590 |timeframe. I felt that cable was a buy. we outlined or at least I drew your attention to studying the formation of it, knowing what you've been taught so 4 +|3 |00:00:31,590 ~-~-> 00:00:42,240 |far. But someone give you a little heads up about why I felt it was warranted. And admittedly, I didn't take any trades today. So we're only going on the basis 5 +|4 |00:00:42,240 ~-~-> 00:00:51,660 |of me pointing to the cable trade that set up in New York. But I'll show you also how that also builds the case for other foreign currencies being bullish 6 +|5 |00:00:52,080 ~-~-> 00:01:03,870 |intraday. Alright, so we had Friday's trading in here, it gave up a lot of the range on Friday from a tie. And we start a new week here, Sunday, really don't 7 +|6 |00:01:03,870 ~-~-> 00:01:13,860 |really pay too much attention to it. We had a really nice run on Thursday. So the chances of it continuously going higher, and it could happen sure could, but 8 +|7 |00:01:13,890 ~-~-> 00:01:24,270 |most likely, chances are traders are going to sit on the sidelines and wait and see what transpires going forward. And that either results in a consolidation or 9 +|8 |00:01:24,270 ~-~-> 00:01:33,270 |sometimes a retracement. Okay. And if we can get some kind of indication that that's bearish on the dollar. If you look at the Dollar index on the London 10 +|9 |00:01:33,270 ~-~-> 00:01:42,570 |session, I'll leave that portion to your study. You'll see they had a really nice optimal trade entry for sell for the dollar index. So we're going with that 11 +|10 |00:01:42,570 ~-~-> 00:01:50,340 |premise in mind and we'll go through the majors real quick and show you what optimal trade entry patterns formed today Okay, first of all list is the euro 12 +|11 |00:01:50,340 ~-~-> 00:02:00,840 |dollar. And I got the ICT kill zones on the chart here you can see clearly it's the London open kill zone and the New York kill zone these are ICT kill zones 13 +|12 |00:02:00,840 ~-~-> 00:02:12,120 |these are referencing specific times of the day. They're not areas in the chart like it's been taught on YouTube in other teaching circles if you will. the kill 14 +|13 |00:02:12,120 ~-~-> 00:02:24,840 |zone is is specifically a time window in intraday it's all it is. So an ICT kill zone for London is specifically the sweet spot is two o'clock in the morning to 15 +|14 |00:02:24,840 ~-~-> 00:02:31,140 |four o'clock in the morning. You see creates the higher low of the day and that's what you're seeing out here. Okay, you see the low for me in here. Now 16 +|15 |00:02:31,140 ~-~-> 00:02:38,520 |that's not the lowest of the day. Obviously you can see the low forms over here a little bit earlier in the day during Asia but you know we're going to use that 17 +|16 |00:02:38,520 ~-~-> 00:02:50,010 |low infared out this particular move right in here. Okay, so from Asia we have a rally up Why is this one gonna be affected in because we have highs being broken 18 +|17 |00:02:50,280 ~-~-> 00:03:04,470 |here and then we have it again breaking. So if we do get a retracement while the dollar is bearish report for optimal trade entry in here. All right, and we'll 19 +|18 |00:03:04,500 ~-~-> 00:03:12,630 |drop that radio here and what I'm doing some laying the line right on top these bodies these candles here. And here. Boom right there. Optimal trade entry long 20 +|19 |00:03:12,630 ~-~-> 00:03:24,000 |and open rallies up symmetrical price swing. Now look what happens it gets 123 times at least a really clean price level. I've mentioned this many times before 21 +|20 |00:03:24,450 ~-~-> 00:03:38,250 |in my group, we refer to this as a Candyland. Okay, this is a sweet spot of liquidity in the market does, in fact, retrace all the way back down into 22 +|21 |00:03:38,250 ~-~-> 00:03:47,220 |another one optimal trade entry versus using the same reference points framed off of this range. But right back down to the sweet spot 70.5 level and then 23 +|22 |00:03:47,220 ~-~-> 00:03:57,360 |rise all the way back up to do what clear up these buy stops, to even to clean charts don't like this, keep that stuff intact, the markets will come back and 24 +|23 |00:03:57,660 ~-~-> 00:04:08,340 |disrupt that perfection. Okay, so that's what that run is here. A beautiful example of that. Two examples autotrader in London open and atrangi and the New 25 +|24 |00:04:08,340 ~-~-> 00:04:18,930 |York session Okay, next on the list is euro pound. And you can see here in London open kill zone ICT time window for looking for the London higher load 26 +|25 |00:04:18,930 ~-~-> 00:04:31,830 |form. And we're going to put a fit one on use the highest open or close down to the lowest open or closed not the wicks. Okay, is the optimal trade entry in 27 +|26 |00:04:31,830 ~-~-> 00:04:43,020 |here. beautiful example of that. sells off rather handsomely all the way back down into the New York ICT kill zone and takes us right down into the 28 +|27 |00:04:43,020 ~-~-> 00:04:48,720 |showstopper. This is a 200 extension by the way. This needed to have that little flair there in case you hadn't noticed it yet. 29 +|28 |00:04:49,980 ~-~-> 00:05:00,630 |So beautiful example of the euro pound taking a dive. Now notice also that the euro dollar as we mentioned in the previous chart, didn't have a whole lot of 30 +|29 |00:05:00,630 ~-~-> 00:05:08,820 |movement, it was kind of like a consolidation day, back and forth, they don't have much of a trend. And euro pound did. And so if you're $1 is being held in 31 +|30 |00:05:08,820 ~-~-> 00:05:18,090 |consolidation, and we check out what's going on over in the cable market. This will explain all this move here. Okay, so now we're looking at the cable or 32 +|31 |00:05:18,090 ~-~-> 00:05:29,190 |British Pound USD. And before I start marking us all up, obviously, you can see a nice low the day, this is the low of the day on this particular pair during 33 +|32 |00:05:29,190 ~-~-> 00:05:37,710 |the ICT, London open kill zone, sweet spot. Now again, at the beginning this red line at the end of this red line, just draw an imaginary vertical line. Okay, 34 +|33 |00:05:38,070 ~-~-> 00:05:46,860 |right up from there. And that's how I interpret the price. Okay, in terms of Killzone now, I don't personally look at this line on my chart. Okay, to 35 +|34 |00:05:46,860 ~-~-> 00:05:54,120 |qualify, I just know that when I'm up in trading in London, it's usually the time that it's going to perform between two o'clock four o'clock in the morning, 36 +|35 |00:05:54,210 ~-~-> 00:06:02,160 |New York time, the higher low of the day forms generally, or an important higher low, let's say like that, because it could be as we saw on another case, earlier 37 +|36 |00:06:02,160 ~-~-> 00:06:10,080 |on the pairs that it can create a lower high in the asian session, but 70% of time, you're going to see it forms during two o'clock to four o'clock in the 38 +|37 |00:06:10,080 ~-~-> 00:06:22,290 |morning, New York time. Alright, so now, this low, some of you don't have a Sunday candle, okay, and that's fine. Let's go back into Friday's data and find 39 +|38 |00:06:22,290 ~-~-> 00:06:31,980 |a short term high, that was broken. The short term high is broken right here. Now we go back to the swing low prior to that, we anchor to the lowest open or 40 +|39 |00:06:31,980 ~-~-> 00:06:43,230 |close and drag it up to the highest open or closed prior to the London open kill zone. Boom, right there. Optimal trade entry, really, really nice run, get up 41 +|40 |00:06:43,230 ~-~-> 00:06:55,620 |to, again, the show stopper. And then the ultimate setup, which was today this is kind of more of a not so much of a hindsight thing. I was trying to draw your 42 +|41 |00:06:55,620 ~-~-> 00:07:05,790 |attention to this one. Let's study this one. In Twitter, or on Twitter, I said, pay attention to this high here. Okay, note this high and the action off of it, 43 +|42 |00:07:06,150 ~-~-> 00:07:16,920 |we retrace all the way down into a ball shorter block or ICT or a block we'll learn about that in the ICT sniper series. And let's zoom in just a little bit. 44 +|43 |00:07:17,670 ~-~-> 00:07:27,600 |Okay, and you can see the beautiful article trade entry here. And price runs up into target one also. Okay, really, really nice. And some price action on this 45 +|44 |00:07:27,600 ~-~-> 00:07:35,640 |pair as well. Okay, now we're looking at the dollar yen. Now, as I mentioned earlier, I told my personal group that I felt that we would see the dollar index 46 +|45 |00:07:35,670 ~-~-> 00:07:44,850 |retrace down to the 50 level. Okay, and I'll leave that up to your whether when and believe it or not, but the everyone in my group knows that I was 47 +|46 |00:07:44,850 ~-~-> 00:07:54,000 |anticipating some measure of a retracement on the dollar index down to the 50 level. So if that happens that it's going to be bearish for the dollar pairs 48 +|47 |00:07:54,000 ~-~-> 00:08:05,850 |that begin with the USD x or Dollar Index before the name and their pair. So dollar yen is most likely going to be heavy today if we see that weakness on 49 +|48 |00:08:05,850 ~-~-> 00:08:16,680 |dollar. So again, same scenario, we're looking at the ICT kill zone, or London or New York bring us the highest open or close here on a swing high in Asia. And 50 +|49 |00:08:16,680 ~-~-> 00:08:27,840 |we're dragging it all the way down into the lowest body open or close here Okay, so we have this range here and rate during this time window, interpret rate 51 +|50 |00:08:27,840 ~-~-> 00:08:36,870 |between these two vertical lines, that's where the higher low or unimportant higher low will form on the intraday okay so the algorithm or price in a 52 +|51 |00:08:36,870 ~-~-> 00:08:45,030 |significant higher low at that time. You can see it goes right into optimal trade entry right there beautiful and price sells off. Now, if you had missed 53 +|52 |00:08:45,030 ~-~-> 00:08:59,970 |this No problem, no worried go into this swing high here highs open or close down to the lowest open or close right here in price during the New York open 54 +|53 |00:08:59,970 ~-~-> 00:09:12,600 |kill zone and ICT in New York open kill zone optimal trade entry sell again price trades off rather handsomely in response to that as well. Additionally, 55 +|54 |00:09:12,600 ~-~-> 00:09:27,360 |there is another one in here okay that you can use. And we can use it on the body here of this candle and we drag it down to lowest body candle right here. 56 +|55 |00:09:28,050 ~-~-> 00:09:38,820 |And again nice optimal trading trades at 62% tracing level and really nice sharp acceleration away from that and the larger 200 extension of this high and after 57 +|56 |00:09:38,820 ~-~-> 00:09:40,080 |this high as you 58 +|57 |00:09:40,080 ~-~-> 00:09:53,370 |did earlier, I would have call for more lower prices then just this one here, okay. So Okay, next is the dollar CAD. Now initially, we would be looking for a 59 +|58 |00:09:53,370 ~-~-> 00:10:06,000 |selling indication or something to go weak on this currency. Usually that happens on the heels of Run higher. And so before the dollar CAD collapsed lower 60 +|59 |00:10:06,000 ~-~-> 00:10:17,490 |today had to go higher first. And initially, this would be the range from Friday, close up to this high here starting on Monday's trading. And you can see 61 +|60 |00:10:17,490 ~-~-> 00:10:24,270 |by itself, it gives you a nice optimal trade entry. But we had a little bit slightly higher highs if you're up in watching it, you would use this range 62 +|61 |00:10:24,270 ~-~-> 00:10:36,690 |here, right there. So this high on this candle body towards the end of the ICT London open kill zone. So admittedly, it's just outside the range of the times 63 +|62 |00:10:36,690 ~-~-> 00:10:46,320 |you can see it 910 that's 10 minutes after five New York time. That's typically when I'm anticipating the close of the morning sessions will be usually taking a 64 +|63 |00:10:46,320 ~-~-> 00:10:55,560 |nap at that time. But it does go a little bit deeper than that. But you can see even 62% trades on level it's still well within the time frame that encapsulates 65 +|64 |00:10:55,560 ~-~-> 00:11:08,310 |the London open kill zone. Okay, we're looking at the dragon or otherwise known as the beast. This is pound yen. Alright, so I encounter these names hoaxes, 66 +|65 |00:11:08,310 ~-~-> 00:11:20,370 |names that other folks have been been doing the column by fiber cable, all those things. A lot of the new traders think that I came up with those nicknames for 67 +|66 |00:11:20,370 ~-~-> 00:11:30,780 |these pairs. They're not, they're not mine. Okay, so believe me everything I came up with a moment you'll hear me Jawbone about it enough. But the swing low 68 +|67 |00:11:30,780 ~-~-> 00:11:37,710 |here, why am I using this swing low? Michael, why not this one down here? Why did you? Why did you just go here, you'd pick the ones that best fitting? No, 69 +|68 |00:11:38,310 ~-~-> 00:11:48,060 |this short term high being broken, we go back to the near short term low right here, lowest body candle, rallies up to the highest body candle. So there's our 70 +|69 |00:11:48,060 ~-~-> 00:11:56,910 |range where to look for optimal trade entry is in here. Okay, it does wick through a little bit. Your stop will be at this position here is optimal trade 71 +|70 |00:11:56,910 ~-~-> 00:12:05,310 |entry here. And it gives you another bar here and then the buy here, and then boom, explodes up to target two. And that's a break in market structure takes a 72 +|71 |00:12:05,430 ~-~-> 00:12:17,400 |really nice dump, lower here. And one of my students shared a video with me today. And this is really what inspired me to look at the beast here. It gave a 73 +|72 |00:12:17,400 ~-~-> 00:12:28,110 |nice little optimal trade entry during the New York kill zone. So it did give a buy here in line with what they will be expected for a weak Dollar Index. But we 74 +|73 |00:12:28,110 ~-~-> 00:12:41,160 |have a nice little sell off the highest portion of this swing high and the lowest portion here to have this swing here. Optimal trade entry boom at 62% 75 +|74 |00:12:41,160 ~-~-> 00:12:53,280 |trades on level lovely sells off down to the 200 extension. What's it doing reaching below the lows over here? Okay, to clean to clean and where we see that 76 +|75 |00:12:53,280 ~-~-> 00:13:03,270 |we know there's going to be a run on liquidity for that. Okay. could potentially go one more time deeper lower than NASA cable guys. Be mindful watching Dollar 77 +|76 |00:13:04,500 ~-~-> 00:13:13,050 |Index and the relationship between cable and also yen because I think that may be a catalyst for this, which a little bit deeper below here. And it's gonna be 78 +|77 |00:13:13,050 ~-~-> 00:13:18,960 |it for today. Hope you had an insightful Monday with me and until tomorrow. wish good luck and good trading. 5 5 6 -2 7 -00:00:20,700 ~-~-> 00:00:31,590 8 -timeframe. I felt that cable was a buy. we outlined or at least I drew your 9 -attention to studying the formation of it, knowing what you've been taught so 10 - 11 -3 12 -00:00:31,590 ~-~-> 00:00:42,240 13 -far. But someone give you a little heads up about why I felt it was warranted. 14 -And admittedly, I didn't take any trades today. So we're only going on the basis 15 - 16 -4 17 -00:00:42,240 ~-~-> 00:00:51,660 18 -of me pointing to the cable trade that set up in New York. But I'll show you 19 -also how that also builds the case for other foreign currencies being bullish 20 - 21 -5 22 -00:00:52,080 ~-~-> 00:01:03,870 23 -intraday. Alright, so we had Friday's trading in here, it gave up a lot of the 24 -range on Friday from a tie. And we start a new week here, Sunday, really don't 25 - 26 -6 27 -00:01:03,870 ~-~-> 00:01:13,860 28 -really pay too much attention to it. We had a really nice run on Thursday. So 29 -the chances of it continuously going higher, and it could happen sure could, but 30 - 31 -7 32 -00:01:13,890 ~-~-> 00:01:24,270 33 -most likely, chances are traders are going to sit on the sidelines and wait and 34 -see what transpires going forward. And that either results in a consolidation or 35 - 36 -8 37 -00:01:24,270 ~-~-> 00:01:33,270 38 -sometimes a retracement. Okay. And if we can get some kind of indication that 39 -that's bearish on the dollar. If you look at the Dollar index on the London 40 - 41 -9 42 -00:01:33,270 ~-~-> 00:01:42,570 43 -session, I'll leave that portion to your study. You'll see they had a really 44 -nice optimal trade entry for sell for the dollar index. So we're going with that 45 - 46 -10 47 -00:01:42,570 ~-~-> 00:01:50,340 48 -premise in mind and we'll go through the majors real quick and show you what 49 -optimal trade entry patterns formed today Okay, first of all list is the euro 50 - 51 -11 52 -00:01:50,340 ~-~-> 00:02:00,840 53 -dollar. And I got the ICT kill zones on the chart here you can see clearly it's 54 -the London open kill zone and the New York kill zone these are ICT kill zones 55 - 56 -12 57 -00:02:00,840 ~-~-> 00:02:12,120 58 -these are referencing specific times of the day. They're not areas in the chart 59 -like it's been taught on YouTube in other teaching circles if you will. the kill 60 - 61 -13 62 -00:02:12,120 ~-~-> 00:02:24,840 63 -zone is is specifically a time window in intraday it's all it is. So an ICT kill 64 -zone for London is specifically the sweet spot is two o'clock in the morning to 65 - 66 -14 67 -00:02:24,840 ~-~-> 00:02:31,140 68 -four o'clock in the morning. You see creates the higher low of the day and 69 -that's what you're seeing out here. Okay, you see the low for me in here. Now 70 - 71 -15 72 -00:02:31,140 ~-~-> 00:02:38,520 73 -that's not the lowest of the day. Obviously you can see the low forms over here 74 -a little bit earlier in the day during Asia but you know we're going to use that 75 - 76 -16 77 -00:02:38,520 ~-~-> 00:02:50,010 78 -low infared out this particular move right in here. Okay, so from Asia we have a 79 -rally up Why is this one gonna be affected in because we have highs being broken 80 - 81 -17 82 -00:02:50,280 ~-~-> 00:03:04,470 83 -here and then we have it again breaking. So if we do get a retracement while the 84 -dollar is bearish report for optimal trade entry in here. All right, and we'll 85 - 86 -18 87 -00:03:04,500 ~-~-> 00:03:12,630 88 -drop that radio here and what I'm doing some laying the line right on top these 89 -bodies these candles here. And here. Boom right there. Optimal trade entry long 90 - 91 -19 92 -00:03:12,630 ~-~-> 00:03:24,000 93 -and open rallies up symmetrical price swing. Now look what happens it gets 123 94 -times at least a really clean price level. I've mentioned this many times before 95 - 96 -20 97 -00:03:24,450 ~-~-> 00:03:38,250 98 -in my group, we refer to this as a Candyland. Okay, this is a sweet spot of 99 -liquidity in the market does, in fact, retrace all the way back down into 100 - 101 -21 102 -00:03:38,250 ~-~-> 00:03:47,220 103 -another one optimal trade entry versus using the same reference points framed 104 -off of this range. But right back down to the sweet spot 70.5 level and then 105 - 106 -22 107 -00:03:47,220 ~-~-> 00:03:57,360 108 -rise all the way back up to do what clear up these buy stops, to even to clean 109 -charts don't like this, keep that stuff intact, the markets will come back and 110 - 111 -23 112 -00:03:57,660 ~-~-> 00:04:08,340 113 -disrupt that perfection. Okay, so that's what that run is here. A beautiful 114 -example of that. Two examples autotrader in London open and atrangi and the New 115 - 116 -24 117 -00:04:08,340 ~-~-> 00:04:18,930 118 -York session Okay, next on the list is euro pound. And you can see here in 119 -London open kill zone ICT time window for looking for the London higher load 120 - 121 -25 122 -00:04:18,930 ~-~-> 00:04:31,830 123 -form. And we're going to put a fit one on use the highest open or close down to 124 -the lowest open or closed not the wicks. Okay, is the optimal trade entry in 125 - 126 -26 127 -00:04:31,830 ~-~-> 00:04:43,020 128 -here. beautiful example of that. sells off rather handsomely all the way back 129 -down into the New York ICT kill zone and takes us right down into the 130 - 131 -27 132 -00:04:43,020 ~-~-> 00:04:48,720 133 -showstopper. This is a 200 extension by the way. This needed to have that little 134 -flair there in case you hadn't noticed it yet. 135 - 136 -28 137 -00:04:49,980 ~-~-> 00:05:00,630 138 -So beautiful example of the euro pound taking a dive. Now notice also that the 139 -euro dollar as we mentioned in the previous chart, didn't have a whole lot of 140 - 141 -29 142 -00:05:00,630 ~-~-> 00:05:08,820 143 -movement, it was kind of like a consolidation day, back and forth, they don't 144 -have much of a trend. And euro pound did. And so if you're $1 is being held in 145 - 146 -30 147 -00:05:08,820 ~-~-> 00:05:18,090 148 -consolidation, and we check out what's going on over in the cable market. This 149 -will explain all this move here. Okay, so now we're looking at the cable or 150 - 151 -31 152 -00:05:18,090 ~-~-> 00:05:29,190 153 -British Pound USD. And before I start marking us all up, obviously, you can see 154 -a nice low the day, this is the low of the day on this particular pair during 155 - 156 -32 157 -00:05:29,190 ~-~-> 00:05:37,710 158 -the ICT, London open kill zone, sweet spot. Now again, at the beginning this red 159 -line at the end of this red line, just draw an imaginary vertical line. Okay, 160 - 161 -33 162 -00:05:38,070 ~-~-> 00:05:46,860 163 -right up from there. And that's how I interpret the price. Okay, in terms of 164 -Killzone now, I don't personally look at this line on my chart. Okay, to 165 - 166 -34 167 -00:05:46,860 ~-~-> 00:05:54,120 168 -qualify, I just know that when I'm up in trading in London, it's usually the 169 -time that it's going to perform between two o'clock four o'clock in the morning, 170 - 171 -35 172 -00:05:54,210 ~-~-> 00:06:02,160 173 -New York time, the higher low of the day forms generally, or an important higher 174 -low, let's say like that, because it could be as we saw on another case, earlier 175 - 176 -36 177 -00:06:02,160 ~-~-> 00:06:10,080 178 -on the pairs that it can create a lower high in the asian session, but 70% of 179 -time, you're going to see it forms during two o'clock to four o'clock in the 180 - 181 -37 182 -00:06:10,080 ~-~-> 00:06:22,290 183 -morning, New York time. Alright, so now, this low, some of you don't have a 184 -Sunday candle, okay, and that's fine. Let's go back into Friday's data and find 185 - 186 -38 187 -00:06:22,290 ~-~-> 00:06:31,980 188 -a short term high, that was broken. The short term high is broken right here. 189 -Now we go back to the swing low prior to that, we anchor to the lowest open or 190 - 191 -39 192 -00:06:31,980 ~-~-> 00:06:43,230 193 -close and drag it up to the highest open or closed prior to the London open kill 194 -zone. Boom, right there. Optimal trade entry, really, really nice run, get up 195 - 196 -40 197 -00:06:43,230 ~-~-> 00:06:55,620 198 -to, again, the show stopper. And then the ultimate setup, which was today this 199 -is kind of more of a not so much of a hindsight thing. I was trying to draw your 200 - 201 -41 202 -00:06:55,620 ~-~-> 00:07:05,790 203 -attention to this one. Let's study this one. In Twitter, or on Twitter, I said, 204 -pay attention to this high here. Okay, note this high and the action off of it, 205 - 206 -42 207 -00:07:06,150 ~-~-> 00:07:16,920 208 -we retrace all the way down into a ball shorter block or ICT or a block we'll 209 -learn about that in the ICT sniper series. And let's zoom in just a little bit. 210 - 211 -43 212 -00:07:17,670 ~-~-> 00:07:27,600 213 -Okay, and you can see the beautiful article trade entry here. And price runs up 214 -into target one also. Okay, really, really nice. And some price action on this 215 - 216 -44 217 -00:07:27,600 ~-~-> 00:07:35,640 218 -pair as well. Okay, now we're looking at the dollar yen. Now, as I mentioned 219 -earlier, I told my personal group that I felt that we would see the dollar index 220 - 221 -45 222 -00:07:35,670 ~-~-> 00:07:44,850 223 -retrace down to the 50 level. Okay, and I'll leave that up to your whether when 224 -and believe it or not, but the everyone in my group knows that I was 225 - 226 -46 227 -00:07:44,850 ~-~-> 00:07:54,000 228 -anticipating some measure of a retracement on the dollar index down to the 50 229 -level. So if that happens that it's going to be bearish for the dollar pairs 230 - 231 -47 232 -00:07:54,000 ~-~-> 00:08:05,850 233 -that begin with the USD x or Dollar Index before the name and their pair. So 234 -dollar yen is most likely going to be heavy today if we see that weakness on 235 - 236 -48 237 -00:08:05,850 ~-~-> 00:08:16,680 238 -dollar. So again, same scenario, we're looking at the ICT kill zone, or London 239 -or New York bring us the highest open or close here on a swing high in Asia. And 240 - 241 -49 242 -00:08:16,680 ~-~-> 00:08:27,840 243 -we're dragging it all the way down into the lowest body open or close here Okay, 244 -so we have this range here and rate during this time window, interpret rate 245 - 246 -50 247 -00:08:27,840 ~-~-> 00:08:36,870 248 -between these two vertical lines, that's where the higher low or unimportant 249 -higher low will form on the intraday okay so the algorithm or price in a 250 - 251 -51 252 -00:08:36,870 ~-~-> 00:08:45,030 253 -significant higher low at that time. You can see it goes right into optimal 254 -trade entry right there beautiful and price sells off. Now, if you had missed 255 - 256 -52 257 -00:08:45,030 ~-~-> 00:08:59,970 258 -this No problem, no worried go into this swing high here highs open or close 259 -down to the lowest open or close right here in price during the New York open 260 - 261 -53 262 -00:08:59,970 ~-~-> 00:09:12,600 263 -kill zone and ICT in New York open kill zone optimal trade entry sell again 264 -price trades off rather handsomely in response to that as well. Additionally, 265 - 266 -54 267 -00:09:12,600 ~-~-> 00:09:27,360 268 -there is another one in here okay that you can use. And we can use it on the 269 -body here of this candle and we drag it down to lowest body candle right here. 270 - 271 -55 272 -00:09:28,050 ~-~-> 00:09:38,820 273 -And again nice optimal trading trades at 62% tracing level and really nice sharp 274 -acceleration away from that and the larger 200 extension of this high and after 275 - 276 -56 277 -00:09:38,820 ~-~-> 00:09:40,080 278 -this high as you 279 - 280 -57 281 -00:09:40,080 ~-~-> 00:09:53,370 282 -did earlier, I would have call for more lower prices then just this one here, 283 -okay. So Okay, next is the dollar CAD. Now initially, we would be looking for a 284 - 285 -58 286 -00:09:53,370 ~-~-> 00:10:06,000 287 -selling indication or something to go weak on this currency. Usually that 288 -happens on the heels of Run higher. And so before the dollar CAD collapsed lower 289 - 290 -59 291 -00:10:06,000 ~-~-> 00:10:17,490 292 -today had to go higher first. And initially, this would be the range from 293 -Friday, close up to this high here starting on Monday's trading. And you can see 294 - 295 -60 296 -00:10:17,490 ~-~-> 00:10:24,270 297 -by itself, it gives you a nice optimal trade entry. But we had a little bit 298 -slightly higher highs if you're up in watching it, you would use this range 299 - 300 -61 301 -00:10:24,270 ~-~-> 00:10:36,690 302 -here, right there. So this high on this candle body towards the end of the ICT 303 -London open kill zone. So admittedly, it's just outside the range of the times 304 - 305 -62 306 -00:10:36,690 ~-~-> 00:10:46,320 307 -you can see it 910 that's 10 minutes after five New York time. That's typically 308 -when I'm anticipating the close of the morning sessions will be usually taking a 309 - 310 -63 311 -00:10:46,320 ~-~-> 00:10:55,560 312 -nap at that time. But it does go a little bit deeper than that. But you can see 313 -even 62% trades on level it's still well within the time frame that encapsulates 314 - 315 -64 316 -00:10:55,560 ~-~-> 00:11:08,310 317 -the London open kill zone. Okay, we're looking at the dragon or otherwise known 318 -as the beast. This is pound yen. Alright, so I encounter these names hoaxes, 319 - 320 -65 321 -00:11:08,310 ~-~-> 00:11:20,370 322 -names that other folks have been been doing the column by fiber cable, all those 323 -things. A lot of the new traders think that I came up with those nicknames for 324 - 325 -66 326 -00:11:20,370 ~-~-> 00:11:30,780 327 -these pairs. They're not, they're not mine. Okay, so believe me everything I 328 -came up with a moment you'll hear me Jawbone about it enough. But the swing low 329 - 330 -67 331 -00:11:30,780 ~-~-> 00:11:37,710 332 -here, why am I using this swing low? Michael, why not this one down here? Why 333 -did you? Why did you just go here, you'd pick the ones that best fitting? No, 334 - 335 -68 336 -00:11:38,310 ~-~-> 00:11:48,060 337 -this short term high being broken, we go back to the near short term low right 338 -here, lowest body candle, rallies up to the highest body candle. So there's our 339 - 340 -69 341 -00:11:48,060 ~-~-> 00:11:56,910 342 -range where to look for optimal trade entry is in here. Okay, it does wick 343 -through a little bit. Your stop will be at this position here is optimal trade 344 - 345 -70 346 -00:11:56,910 ~-~-> 00:12:05,310 347 -entry here. And it gives you another bar here and then the buy here, and then 348 -boom, explodes up to target two. And that's a break in market structure takes a 349 - 350 -71 351 -00:12:05,430 ~-~-> 00:12:17,400 352 -really nice dump, lower here. And one of my students shared a video with me 353 -today. And this is really what inspired me to look at the beast here. It gave a 354 - 355 -72 356 -00:12:17,400 ~-~-> 00:12:28,110 357 -nice little optimal trade entry during the New York kill zone. So it did give a 358 -buy here in line with what they will be expected for a weak Dollar Index. But we 359 - 360 -73 361 -00:12:28,110 ~-~-> 00:12:41,160 362 -have a nice little sell off the highest portion of this swing high and the 363 -lowest portion here to have this swing here. Optimal trade entry boom at 62% 364 - 365 -74 366 -00:12:41,160 ~-~-> 00:12:53,280 367 -trades on level lovely sells off down to the 200 extension. What's it doing 368 -reaching below the lows over here? Okay, to clean to clean and where we see that 369 - 370 -75 371 -00:12:53,280 ~-~-> 00:13:03,270 372 -we know there's going to be a run on liquidity for that. Okay. could potentially 373 -go one more time deeper lower than NASA cable guys. Be mindful watching Dollar 374 - 375 -76 376 -00:13:04,500 ~-~-> 00:13:13,050 377 -Index and the relationship between cable and also yen because I think that may 378 -be a catalyst for this, which a little bit deeper below here. And it's gonna be 379 - 380 -77 381 -00:13:13,050 ~-~-> 00:13:18,960 382 -it for today. Hope you had an insightful Monday with me and until tomorrow. wish 383 -good luck and good trading.