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1 -1
2 -00:00:30,780 ~-~-> 00:00:44,760
3 -ICT: Good evening, folks, it's a Saturday 1pm New York time in January 13 2018,
4 -did a couple tweets yesterday on the 12th of January. And this is the one I did
1 +(% class="hover min" %)
2 +|1 |00:00:30,780 ~-~-> 00:00:44,760 |ICT: Good evening, folks, it's a Saturday 1pm New York time in January 13 2018, did a couple tweets yesterday on the 12th of January. And this is the one I did
3 +|2 |00:00:44,760 ~-~-> 00:00:57,360 |for the cable, and asked what everyone would see in this image. And I did one for the Euro, as well. Okay. And I put a couple things in here to try to draw
4 +|3 |00:00:57,360 ~-~-> 00:01:06,600 |your attention to it. But I wanted to see what else everyone else would have, from their independent perspective without me drawing any special attention to
5 +|4 |00:01:06,600 ~-~-> 00:01:18,240 |anything. And that's kind of like what I want to go over now. So I'm going to go over to daily FX Archer, welcome to cable, Bridgetown, USD, this is a weekly
6 +|5 |00:01:18,240 ~-~-> 00:01:43,530 |chart. And I want to again, draw attention to the order block in here. Right in here is the order block. And we're going to change this to I will use this area
7 +|6 |00:01:43,530 ~-~-> 00:01:56,940 |here to be shaded in blue. So I'm going to drop into an hourly chart. Okay, so we have our hourly chart, 60 minute timeframe. And we can see how price dipped
8 +|7 |00:01:56,940 ~-~-> 00:02:05,760 |into that weekly order block. Okay, now, it's not necessarily that all this area be concerned with, I'm just drawing a contrast to what other things going to be
9 +|8 |00:02:05,760 ~-~-> 00:02:20,550 |highlighting on the chart. One of the lineage specific range of date. Okay, I'm starting here, that's the beginning of January trading is the beginning of the
10 +|9 |00:02:20,550 ~-~-> 00:02:38,850 |year. And I'm going to delineate another date reference point. That's here. Okay. We don't see anything over here until there, there's our destination and
11 +|10 |00:02:38,850 ~-~-> 00:02:44,430 |time. So we have a range in time. Now we're going to have
12 +|11 |00:02:53,190 ~-~-> 00:03:18,630 |a reference point in terms of price, or a range, if you will. Okay, and make this solid. And we'll thicken up a little bit. clone that and then we're going
13 +|12 |00:03:18,630 ~-~-> 00:03:32,700 |to drop it right on the low here. Like that. Okay, so now we have a range. Okay, I want you to think about this range, just like I teach as it relates to the
14 +|13 |00:03:32,700 ~-~-> 00:03:46,920 |Asian range. Okay, what we're doing is we're actually bracketing and defining the initial week of the year and the first week of trading in January, okay, so
15 +|14 |00:03:46,920 ~-~-> 00:04:01,830 |this is the ICT power three applied to a monthly chart and weekly chart and a new year. So, the importance is that we see how the market is going to seek
16 +|15 |00:04:01,830 ~-~-> 00:04:14,490 |liquidity, but we have to frame the market in such a way where we can anticipate specific levels or areas or liquidity pools to be rated or probed. So now we
17 +|16 |00:04:14,490 ~-~-> 00:04:26,310 |have buy side liquidity before buy stops resting above these highs here. So it buy stops above this high here and sell stops resting below this low here. We
18 +|17 |00:04:26,310 ~-~-> 00:04:37,140 |have the same concept. It's applied to a daily range in response to the accumulation, manipulation and distribution cycle that I teach or the ITT power
19 +|18 |00:04:37,140 ~-~-> 00:04:51,300 |three concept. When we understand this, and we look for elements of runs on liquidity, we know that resting below this below is going to be cell stops. And
20 +|19 |00:04:51,300 ~-~-> 00:05:02,190 |we also know that the dollar index was bearish at the same time. And we know that in the shaded area here. There's a weekly bullish order block So there's a
21 +|20 |00:05:02,190 ~-~-> 00:05:13,590 |reason I want to go below this low. It's directly linked to a weekly timeframe that would be deemed bullish. And I want you to think about it in terms of how
22 +|21 |00:05:13,590 ~-~-> 00:05:21,690 |price when it drops below this low here,
23 +|22 |00:05:26,939 ~-~-> 00:05:41,519 |not picking it up a little bit. Okay, so we have a range price drops down below this initial week. Okay, so this is not some new weekly strategy, okay. It's,
24 +|23 |00:05:41,519 ~-~-> 00:05:49,919 |it's something I've taught before many times, on YouTube. Now I have taken the videos down, but there is a army of people that have downloaded everything I've
25 +|24 |00:05:49,919 ~-~-> 00:06:00,059 |ever produced. And they have a better cataloguing organization than I do with my content. But this is simply something that I taught with higher timeframe
26 +|25 |00:06:00,059 ~-~-> 00:06:10,259 |charts, using a monthly bar, and a weekly bar. And now we have a new year. So the same thing applies here. But I want you to think about how price seeks these
27 +|26 |00:06:10,259 ~-~-> 00:06:23,429 |liquidity reference points, or as I call them, liquidity pools. So price drops down here initially, to go into the weekly order block and take out the sell
28 +|27 |00:06:23,429 ~-~-> 00:06:33,509 |stops below the market low and leaving this area of consolidation. Once the sell stops have been taken, where they're going to aim for, well, if they go to the
29 +|28 |00:06:33,509 ~-~-> 00:06:43,349 |self stops and go down to a weekly bullish order block, they're going down here to do what accumulate. Okay, so they bought here, smart money did, they bought
30 +|29 |00:06:43,349 ~-~-> 00:06:51,779 |more, now they're gonna manipulate. So now they're accumulating, Long's accumulating Long's, and then they manipulate those individuals that are already
31 +|30 |00:06:51,779 ~-~-> 00:07:01,379 |long out of their positions. By running the stops, their cell stops have been taken for anyone that's already long, their manipulation on price takes those
32 +|31 |00:07:01,379 ~-~-> 00:07:09,779 |long holders out. By tripping, their cell stops, their cell stops to become market orders to flood the market, there's buying liquidity counterparties right
33 +|32 |00:07:09,779 ~-~-> 00:07:20,579 |there. So smart money can buy more at a cheaper price than they did here. And here, there isn't going to be a large degree of volume here, because it's only
34 +|33 |00:07:20,579 ~-~-> 00:07:30,509 |gonna be relative to the stops. So smart money sets the range by buying low, buying low, and then they wait while they do it again here. But right below
35 +|34 |00:07:30,509 ~-~-> 00:07:42,029 |here, they just unseat, okay, or manipulate those individuals that are already long out. to knock them off. they accumulate their position by buying, they're
36 +|35 |00:07:42,029 ~-~-> 00:07:55,049 |willing sale of their long positions based on their cell stop. So long holders have their cell stops hit, and the person or counterparties to those cell stops
37 +|36 |00:07:55,049 ~-~-> 00:08:05,369 |being taken, or going to be smart money, they will buy their stops as it drops down here. And that's why we see this large degree of volatility on the upside.
38 +|37 |00:08:06,239 ~-~-> 00:08:17,309 |Because now because they have entered long here, where's a really logical area to get out? Well, you want to find someone that wants to be buying from you at a
39 +|38 |00:08:17,309 ~-~-> 00:08:26,759 |higher price. But see, that's the problem. We're trained in the books to buy low, sell high. So if we're trying to buy low and sell high, how can how can
40 +|39 |00:08:26,759 ~-~-> 00:08:36,599 |someone? How can we find someone that wants to buy it from us, when we bought it low? How can they want to buy it higher, you have to find liquidity pools in the
41 +|40 |00:08:36,599 ~-~-> 00:08:40,409 |form of buy stops. So when the price trades above this level here,
42 +|41 |00:08:50,160 ~-~-> 00:09:03,390 |when this occurs, right there, these buy stocks become market orders to buy at the market. Exactly what the long holders want to have here. They want someone
43 +|42 |00:09:03,390 ~-~-> 00:09:13,260 |that's willing to buy at a higher price, because now they want to take their profits. Not all of them but the Long's that they accumulate here. They're going
44 +|43 |00:09:13,260 ~-~-> 00:09:22,500 |to sell some portion of it to willing buyers at a higher price. And as price starts to expand higher breakout artists, price chasers, they start buying it
45 +|44 |00:09:22,500 ~-~-> 00:09:33,180 |too. And that's when all this range here. We're seeing liquidation of participants that bought down here, bought here, here and here. So we're seeing
46 +|45 |00:09:33,180 ~-~-> 00:09:43,530 |the power three. The opening price is the opening on this candle here which is 134 99. And we see power three formation here where it's small little portion on
47 +|46 |00:09:43,530 ~-~-> 00:09:51,930 |the range drops down below the opening price, creating the low of the month, the low of the week and so far below the year. Now I'm not stating this is going to
48 +|47 |00:09:51,930 ~-~-> 00:10:01,950 |be the oil of the year and like that, but this is how we look for liquidity runs. If this is all we see in terms of a price move up to 137 40 Is this not a
49 +|48 |00:10:01,950 ~-~-> 00:10:11,910 |significant enough range to be profitable for your study in a demo account, obviously, who wouldn't be up to you who would be upset about that. But I want
50 +|49 |00:10:11,910 ~-~-> 00:10:24,360 |you to view how the monthly candle or monthly range, the way you interpret that is you want to use the first five days of trading. Now, they are not going to be
51 +|50 |00:10:24,360 ~-~-> 00:10:34,380 |always like we just had for January, we look at a calendar can see that it starts on a Monday, in the five days of the first week of January happens to be
52 +|51 |00:10:34,380 ~-~-> 00:10:43,440 |Monday through Friday, it won't occur like that. Always, sometimes the month is going to begin on a Wednesday or Tuesday or something like that, you're going to
53 +|52 |00:10:43,440 ~-~-> 00:10:53,040 |use the first five trading days of every month, and you define that like this, okay, and what that's going to do is offer you the same concept that I taught
54 +|53 |00:10:53,040 ~-~-> 00:11:03,510 |you with the Asian range for power three on a daily candle, you're doing that with a monthly, okay. So once we have these ideas applied to our chart, we can
55 +|54 |00:11:03,510 ~-~-> 00:11:12,240 |clearly see what the algorithm is going to be reaching for, why it should be reaching for it, and it provides a great deal of context and detail. And you
56 +|55 |00:11:12,240 ~-~-> 00:11:21,900 |dare I say it, X ray view of what price should do in the future, from a logical standpoint. And from an order flow standpoint, it's not guessing we know what it
57 +|56 |00:11:21,900 ~-~-> 00:11:31,080 |should be doing, and why it should be doing what it's doing. This is the element behind the cable chart that I wanted to see if you guys would see. And I you
58 +|57 |00:11:31,080 ~-~-> 00:11:41,760 |know, so let's go and take a look at the euro dollar now. Okay, so we're looking at the euro dollar, this is a weekly chart. Again, we'll be using the orderbox
59 +|58 |00:11:41,820 ~-~-> 00:11:57,690 |on a weekly basis. Here. Alright, so now we can drop down into our one hour chart. Okay, so we're gonna do the same thing we just did with the cable, where
60 +|59 |00:11:57,690 ~-~-> 00:12:08,190 |I mark off the beginning of the year, we're gonna get our first week of trading. delayed, this is going to act as our
61 +|60 |00:12:13,680 ~-~-> 00:12:34,470 |initial range. And we'll add in, I'm going to use horizontal lines now just cut to the chase. Right here before high and our low. Right there. Okay, so we have
62 +|61 |00:12:34,500 ~-~-> 00:12:47,820 |our initial, low and high first week of trading for January and for the first of the year. And we can apply these ideas with the weekly range, I'd approach your
63 +|62 |00:12:47,820 ~-~-> 00:12:58,680 |idea using power three. Okay, so what we're looking for, again, is elements of accumulation, manipulation and distribution. We know that this area down here in
64 +|63 |00:12:58,680 ~-~-> 00:13:11,220 |the shaded blue area is not a demand zone. It's a ICT bullish order block. So we know what's residing down there. But we have an initial range. We know what's
65 +|64 |00:13:11,220 ~-~-> 00:13:21,330 |resting above the high, it's by stops. And what's resting below the lows, it's cell stops. So what we're looking for his we have a study on higher timeframe
66 +|65 |00:13:21,600 ~-~-> 00:13:31,380 |looking for a bias, if you will, obviously, we know dollar index was bearish bullish on foreign currency. We can really be bullish when we get down to the
67 +|66 |00:13:31,380 ~-~-> 00:13:38,880 |weekly order block, you can see the reactions here they dipped into it dipped into it dipped into it almost got turned to it again, but ultimately took off on
68 +|67 |00:13:38,880 ~-~-> 00:13:48,660 |the heels of ECB. All finding great, wonderful. But I want you to take a look at the elements that are seen here because you can see all of the things that I
69 +|68 |00:13:48,660 ~-~-> 00:14:01,350 |teach what the Asian range being applied to the power three on a monthly chart. Again, the opening on the month is on this candle Here comes in at 119 99
70 +|69 |00:14:01,380 ~-~-> 00:14:12,930 |basically 120 big figure and we have consolidation. And if we're bullish we're gonna be looking for what evidence is that they're buying so they bought here
71 +|70 |00:14:12,960 ~-~-> 00:14:22,890 |rally up, he bought here rallied up. They bought more in here. Price dips down into the weekly order block, they accumulate more, but more specifically they
72 +|71 |00:14:22,890 ~-~-> 00:14:34,110 |take out these lows. Okay, the lows have been taken out. They reach down to an area of long term bullishness with a weekly bullish or ba and we can see them
73 +|72 |00:14:34,350 ~-~-> 00:14:43,170 |working that level. Look at the reaction up to this range is is the same type of thing you would expect to see what the Asian range on a daily chart or a daily
74 +|73 |00:14:43,170 ~-~-> 00:14:55,920 |range rather, price drops back down. And for anyone that has my old tutorials where I teach the London open, set up where this would be the Asian range and it
75 +|74 |00:14:55,920 ~-~-> 00:15:04,560 |price drops down gets Judas swing, an optimal trade entry failure swing The Daily range runs up. All we're looking at here is the same thing applied to it
76 +|75 |00:15:04,620 ~-~-> 00:15:17,520 |on a monthly perspective, we have the monthly, first five trading days of the month. bracket those out, define your range have a bias bullish or bearish and
77 +|76 |00:15:17,520 ~-~-> 00:15:28,080 |then use the same concepts that are otherwise taught in the intraday models. And you'll see that we're using not a, again, new weekly or refinement of my ICT
78 +|77 |00:15:28,080 ~-~-> 00:15:37,530 |concepts. It's always just this, it's what I've already shared. But you can't put lipstick on this and call it something else, folks, it's something I've
79 +|78 |00:15:37,740 ~-~-> 00:15:48,270 |taught years ago, people have an inherent video library. And they know it when they see it. So this is the approach to using power three with a higher
80 +|79 |00:15:48,270 ~-~-> 00:15:57,780 |timeframe perspective, and it delivers just as much precision that you would expect. And my examples have shown on an intraday capacity. In terms of market
81 +|80 |00:15:57,780 ~-~-> 00:16:09,060 |symmetry, we can see the range that we do like with the Asian range, we do one standard deviation down, boom, hits it as it overlaps and converges with that
82 +|81 |00:16:09,060 ~-~-> 00:16:18,180 |weekly order block that will be deemed bullish. And once they deviate from the upside, we can see that the market has thus far with no problem whatsoever, gone
83 +|82 |00:16:18,180 ~-~-> 00:16:27,390 |one standard deviation on the upside, and we'll see if there's any more continuation next week as we go into new trading. So I wanted to share this with
84 +|83 |00:16:27,390 ~-~-> 00:16:39,000 |you give you one more examples of how we can use not just intraday stuff, but using the same elements of time and price that I teach and using the ICT power
85 +|84 |00:16:39,000 ~-~-> 00:16:50,310 |three concept, applying it to a monthly perspective and a weekly perspective, we can see that same thing happening here. Let's take these off.
86 +|85 |00:16:57,930 ~-~-> 00:17:11,640 |Okay, so we have the Mondays range in here. Right here, Mondays range. And if we apply that same theory, not on the monthly perspective, but on a weekly basis.
87 +|86 |00:17:14,250 ~-~-> 00:17:25,890 |Okay, we have Monday's range here. So here's Monday's trading. And below that we get the run on Tuesday, taking the liquidity out below that low at a weekly
88 +|87 |00:17:25,890 ~-~-> 00:17:37,830 |bullish order block, as one would expect that we're going to take this range here, and we're gonna duplicate that. Okay. And again, this is not something
89 +|88 |00:17:37,830 ~-~-> 00:17:42,750 |new, no one can take credit for this stuff. This is stuff that I taught for free on YouTube.
90 +|89 |00:17:48,150 ~-~-> 00:17:57,720 |Okay, and you can start doing your standard deviations. And you'll see where price will want to reach for.
91 +|90 |00:18:03,000 ~-~-> 00:18:21,960 |So we're looking at 122 30. What is that? Let's put a horizontal line on there. So 120 to 38.7. Okay, now remember, I had shared a chart last week with an
92 +|91 |00:18:21,960 ~-~-> 00:18:31,080 |objective of 122 32. And should we hit that level? I've already put it out there. So it's not like I can say, Well, you know, I thought it was going to go
93 +|92 |00:18:31,080 ~-~-> 00:18:42,060 |here and look like I did in hindsight, it's been out there for several days. So should we see 120 to 32 traded to now 120 38.7, if that's traded to, you know
94 +|93 |00:18:42,060 ~-~-> 00:18:51,150 |why? Because this is the mechanics behind me the algorithm is seeking these areas of liquidity. But specifically the 122 32 level, should we hit that level,
95 +|94 |00:18:51,180 ~-~-> 00:19:03,540 |I will then outline how I knew that was likely to hit not guaranteeing it, but that's what I'm looking for. So between 120 to 30 to 120 to 40 in that area. I
96 +|95 |00:19:03,540 ~-~-> 00:19:11,400 |think it's a reasonable upside objective for next week initially, should we see continuation and erosion on the dollar index, and obviously that's going to
97 +|96 |00:19:11,400 ~-~-> 00:19:23,310 |compound and see larger upside objectives for euro dollar and cable and lower objectives on the dollar index. So hopefully you found this video insightful and
98 +|97 |00:19:23,340 ~-~-> 00:19:25,860 |I'll talk to you next time. I wish you good luck and good trading.
5 5  
6 -2
7 -00:00:44,760 ~-~-> 00:00:57,360
8 -for the cable, and asked what everyone would see in this image. And I did one
9 -for the Euro, as well. Okay. And I put a couple things in here to try to draw
10 -
11 -3
12 -00:00:57,360 ~-~-> 00:01:06,600
13 -your attention to it. But I wanted to see what else everyone else would have,
14 -from their independent perspective without me drawing any special attention to
15 -
16 -4
17 -00:01:06,600 ~-~-> 00:01:18,240
18 -anything. And that's kind of like what I want to go over now. So I'm going to go
19 -over to daily FX Archer, welcome to cable, Bridgetown, USD, this is a weekly
20 -
21 -5
22 -00:01:18,240 ~-~-> 00:01:43,530
23 -chart. And I want to again, draw attention to the order block in here. Right in
24 -here is the order block. And we're going to change this to I will use this area
25 -
26 -6
27 -00:01:43,530 ~-~-> 00:01:56,940
28 -here to be shaded in blue. So I'm going to drop into an hourly chart. Okay, so
29 -we have our hourly chart, 60 minute timeframe. And we can see how price dipped
30 -
31 -7
32 -00:01:56,940 ~-~-> 00:02:05,760
33 -into that weekly order block. Okay, now, it's not necessarily that all this area
34 -be concerned with, I'm just drawing a contrast to what other things going to be
35 -
36 -8
37 -00:02:05,760 ~-~-> 00:02:20,550
38 -highlighting on the chart. One of the lineage specific range of date. Okay, I'm
39 -starting here, that's the beginning of January trading is the beginning of the
40 -
41 -9
42 -00:02:20,550 ~-~-> 00:02:38,850
43 -year. And I'm going to delineate another date reference point. That's here.
44 -Okay. We don't see anything over here until there, there's our destination and
45 -
46 -10
47 -00:02:38,850 ~-~-> 00:02:44,430
48 -time. So we have a range in time. Now we're going to have
49 -
50 -11
51 -00:02:53,190 ~-~-> 00:03:18,630
52 -a reference point in terms of price, or a range, if you will. Okay, and make
53 -this solid. And we'll thicken up a little bit. clone that and then we're going
54 -
55 -12
56 -00:03:18,630 ~-~-> 00:03:32,700
57 -to drop it right on the low here. Like that. Okay, so now we have a range. Okay,
58 -I want you to think about this range, just like I teach as it relates to the
59 -
60 -13
61 -00:03:32,700 ~-~-> 00:03:46,920
62 -Asian range. Okay, what we're doing is we're actually bracketing and defining
63 -the initial week of the year and the first week of trading in January, okay, so
64 -
65 -14
66 -00:03:46,920 ~-~-> 00:04:01,830
67 -this is the ICT power three applied to a monthly chart and weekly chart and a
68 -new year. So, the importance is that we see how the market is going to seek
69 -
70 -15
71 -00:04:01,830 ~-~-> 00:04:14,490
72 -liquidity, but we have to frame the market in such a way where we can anticipate
73 -specific levels or areas or liquidity pools to be rated or probed. So now we
74 -
75 -16
76 -00:04:14,490 ~-~-> 00:04:26,310
77 -have buy side liquidity before buy stops resting above these highs here. So it
78 -buy stops above this high here and sell stops resting below this low here. We
79 -
80 -17
81 -00:04:26,310 ~-~-> 00:04:37,140
82 -have the same concept. It's applied to a daily range in response to the
83 -accumulation, manipulation and distribution cycle that I teach or the ITT power
84 -
85 -18
86 -00:04:37,140 ~-~-> 00:04:51,300
87 -three concept. When we understand this, and we look for elements of runs on
88 -liquidity, we know that resting below this below is going to be cell stops. And
89 -
90 -19
91 -00:04:51,300 ~-~-> 00:05:02,190
92 -we also know that the dollar index was bearish at the same time. And we know
93 -that in the shaded area here. There's a weekly bullish order block So there's a
94 -
95 -20
96 -00:05:02,190 ~-~-> 00:05:13,590
97 -reason I want to go below this low. It's directly linked to a weekly timeframe
98 -that would be deemed bullish. And I want you to think about it in terms of how
99 -
100 -21
101 -00:05:13,590 ~-~-> 00:05:21,690
102 -price when it drops below this low here,
103 -
104 -22
105 -00:05:26,939 ~-~-> 00:05:41,519
106 -not picking it up a little bit. Okay, so we have a range price drops down below
107 -this initial week. Okay, so this is not some new weekly strategy, okay. It's,
108 -
109 -23
110 -00:05:41,519 ~-~-> 00:05:49,919
111 -it's something I've taught before many times, on YouTube. Now I have taken the
112 -videos down, but there is a army of people that have downloaded everything I've
113 -
114 -24
115 -00:05:49,919 ~-~-> 00:06:00,059
116 -ever produced. And they have a better cataloguing organization than I do with my
117 -content. But this is simply something that I taught with higher timeframe
118 -
119 -25
120 -00:06:00,059 ~-~-> 00:06:10,259
121 -charts, using a monthly bar, and a weekly bar. And now we have a new year. So
122 -the same thing applies here. But I want you to think about how price seeks these
123 -
124 -26
125 -00:06:10,259 ~-~-> 00:06:23,429
126 -liquidity reference points, or as I call them, liquidity pools. So price drops
127 -down here initially, to go into the weekly order block and take out the sell
128 -
129 -27
130 -00:06:23,429 ~-~-> 00:06:33,509
131 -stops below the market low and leaving this area of consolidation. Once the sell
132 -stops have been taken, where they're going to aim for, well, if they go to the
133 -
134 -28
135 -00:06:33,509 ~-~-> 00:06:43,349
136 -self stops and go down to a weekly bullish order block, they're going down here
137 -to do what accumulate. Okay, so they bought here, smart money did, they bought
138 -
139 -29
140 -00:06:43,349 ~-~-> 00:06:51,779
141 -more, now they're gonna manipulate. So now they're accumulating, Long's
142 -accumulating Long's, and then they manipulate those individuals that are already
143 -
144 -30
145 -00:06:51,779 ~-~-> 00:07:01,379
146 -long out of their positions. By running the stops, their cell stops have been
147 -taken for anyone that's already long, their manipulation on price takes those
148 -
149 -31
150 -00:07:01,379 ~-~-> 00:07:09,779
151 -long holders out. By tripping, their cell stops, their cell stops to become
152 -market orders to flood the market, there's buying liquidity counterparties right
153 -
154 -32
155 -00:07:09,779 ~-~-> 00:07:20,579
156 -there. So smart money can buy more at a cheaper price than they did here. And
157 -here, there isn't going to be a large degree of volume here, because it's only
158 -
159 -33
160 -00:07:20,579 ~-~-> 00:07:30,509
161 -gonna be relative to the stops. So smart money sets the range by buying low,
162 -buying low, and then they wait while they do it again here. But right below
163 -
164 -34
165 -00:07:30,509 ~-~-> 00:07:42,029
166 -here, they just unseat, okay, or manipulate those individuals that are already
167 -long out. to knock them off. they accumulate their position by buying, they're
168 -
169 -35
170 -00:07:42,029 ~-~-> 00:07:55,049
171 -willing sale of their long positions based on their cell stop. So long holders
172 -have their cell stops hit, and the person or counterparties to those cell stops
173 -
174 -36
175 -00:07:55,049 ~-~-> 00:08:05,369
176 -being taken, or going to be smart money, they will buy their stops as it drops
177 -down here. And that's why we see this large degree of volatility on the upside.
178 -
179 -37
180 -00:08:06,239 ~-~-> 00:08:17,309
181 -Because now because they have entered long here, where's a really logical area
182 -to get out? Well, you want to find someone that wants to be buying from you at a
183 -
184 -38
185 -00:08:17,309 ~-~-> 00:08:26,759
186 -higher price. But see, that's the problem. We're trained in the books to buy
187 -low, sell high. So if we're trying to buy low and sell high, how can how can
188 -
189 -39
190 -00:08:26,759 ~-~-> 00:08:36,599
191 -someone? How can we find someone that wants to buy it from us, when we bought it
192 -low? How can they want to buy it higher, you have to find liquidity pools in the
193 -
194 -40
195 -00:08:36,599 ~-~-> 00:08:40,409
196 -form of buy stops. So when the price trades above this level here,
197 -
198 -41
199 -00:08:50,160 ~-~-> 00:09:03,390
200 -when this occurs, right there, these buy stocks become market orders to buy at
201 -the market. Exactly what the long holders want to have here. They want someone
202 -
203 -42
204 -00:09:03,390 ~-~-> 00:09:13,260
205 -that's willing to buy at a higher price, because now they want to take their
206 -profits. Not all of them but the Long's that they accumulate here. They're going
207 -
208 -43
209 -00:09:13,260 ~-~-> 00:09:22,500
210 -to sell some portion of it to willing buyers at a higher price. And as price
211 -starts to expand higher breakout artists, price chasers, they start buying it
212 -
213 -44
214 -00:09:22,500 ~-~-> 00:09:33,180
215 -too. And that's when all this range here. We're seeing liquidation of
216 -participants that bought down here, bought here, here and here. So we're seeing
217 -
218 -45
219 -00:09:33,180 ~-~-> 00:09:43,530
220 -the power three. The opening price is the opening on this candle here which is
221 -134 99. And we see power three formation here where it's small little portion on
222 -
223 -46
224 -00:09:43,530 ~-~-> 00:09:51,930
225 -the range drops down below the opening price, creating the low of the month, the
226 -low of the week and so far below the year. Now I'm not stating this is going to
227 -
228 -47
229 -00:09:51,930 ~-~-> 00:10:01,950
230 -be the oil of the year and like that, but this is how we look for liquidity
231 -runs. If this is all we see in terms of a price move up to 137 40 Is this not a
232 -
233 -48
234 -00:10:01,950 ~-~-> 00:10:11,910
235 -significant enough range to be profitable for your study in a demo account,
236 -obviously, who wouldn't be up to you who would be upset about that. But I want
237 -
238 -49
239 -00:10:11,910 ~-~-> 00:10:24,360
240 -you to view how the monthly candle or monthly range, the way you interpret that
241 -is you want to use the first five days of trading. Now, they are not going to be
242 -
243 -50
244 -00:10:24,360 ~-~-> 00:10:34,380
245 -always like we just had for January, we look at a calendar can see that it
246 -starts on a Monday, in the five days of the first week of January happens to be
247 -
248 -51
249 -00:10:34,380 ~-~-> 00:10:43,440
250 -Monday through Friday, it won't occur like that. Always, sometimes the month is
251 -going to begin on a Wednesday or Tuesday or something like that, you're going to
252 -
253 -52
254 -00:10:43,440 ~-~-> 00:10:53,040
255 -use the first five trading days of every month, and you define that like this,
256 -okay, and what that's going to do is offer you the same concept that I taught
257 -
258 -53
259 -00:10:53,040 ~-~-> 00:11:03,510
260 -you with the Asian range for power three on a daily candle, you're doing that
261 -with a monthly, okay. So once we have these ideas applied to our chart, we can
262 -
263 -54
264 -00:11:03,510 ~-~-> 00:11:12,240
265 -clearly see what the algorithm is going to be reaching for, why it should be
266 -reaching for it, and it provides a great deal of context and detail. And you
267 -
268 -55
269 -00:11:12,240 ~-~-> 00:11:21,900
270 -dare I say it, X ray view of what price should do in the future, from a logical
271 -standpoint. And from an order flow standpoint, it's not guessing we know what it
272 -
273 -56
274 -00:11:21,900 ~-~-> 00:11:31,080
275 -should be doing, and why it should be doing what it's doing. This is the element
276 -behind the cable chart that I wanted to see if you guys would see. And I you
277 -
278 -57
279 -00:11:31,080 ~-~-> 00:11:41,760
280 -know, so let's go and take a look at the euro dollar now. Okay, so we're looking
281 -at the euro dollar, this is a weekly chart. Again, we'll be using the orderbox
282 -
283 -58
284 -00:11:41,820 ~-~-> 00:11:57,690
285 -on a weekly basis. Here. Alright, so now we can drop down into our one hour
286 -chart. Okay, so we're gonna do the same thing we just did with the cable, where
287 -
288 -59
289 -00:11:57,690 ~-~-> 00:12:08,190
290 -I mark off the beginning of the year, we're gonna get our first week of trading.
291 -delayed, this is going to act as our
292 -
293 -60
294 -00:12:13,680 ~-~-> 00:12:34,470
295 -initial range. And we'll add in, I'm going to use horizontal lines now just cut
296 -to the chase. Right here before high and our low. Right there. Okay, so we have
297 -
298 -61
299 -00:12:34,500 ~-~-> 00:12:47,820
300 -our initial, low and high first week of trading for January and for the first of
301 -the year. And we can apply these ideas with the weekly range, I'd approach your
302 -
303 -62
304 -00:12:47,820 ~-~-> 00:12:58,680
305 -idea using power three. Okay, so what we're looking for, again, is elements of
306 -accumulation, manipulation and distribution. We know that this area down here in
307 -
308 -63
309 -00:12:58,680 ~-~-> 00:13:11,220
310 -the shaded blue area is not a demand zone. It's a ICT bullish order block. So we
311 -know what's residing down there. But we have an initial range. We know what's
312 -
313 -64
314 -00:13:11,220 ~-~-> 00:13:21,330
315 -resting above the high, it's by stops. And what's resting below the lows, it's
316 -cell stops. So what we're looking for his we have a study on higher timeframe
317 -
318 -65
319 -00:13:21,600 ~-~-> 00:13:31,380
320 -looking for a bias, if you will, obviously, we know dollar index was bearish
321 -bullish on foreign currency. We can really be bullish when we get down to the
322 -
323 -66
324 -00:13:31,380 ~-~-> 00:13:38,880
325 -weekly order block, you can see the reactions here they dipped into it dipped
326 -into it dipped into it almost got turned to it again, but ultimately took off on
327 -
328 -67
329 -00:13:38,880 ~-~-> 00:13:48,660
330 -the heels of ECB. All finding great, wonderful. But I want you to take a look at
331 -the elements that are seen here because you can see all of the things that I
332 -
333 -68
334 -00:13:48,660 ~-~-> 00:14:01,350
335 -teach what the Asian range being applied to the power three on a monthly chart.
336 -Again, the opening on the month is on this candle Here comes in at 119 99
337 -
338 -69
339 -00:14:01,380 ~-~-> 00:14:12,930
340 -basically 120 big figure and we have consolidation. And if we're bullish we're
341 -gonna be looking for what evidence is that they're buying so they bought here
342 -
343 -70
344 -00:14:12,960 ~-~-> 00:14:22,890
345 -rally up, he bought here rallied up. They bought more in here. Price dips down
346 -into the weekly order block, they accumulate more, but more specifically they
347 -
348 -71
349 -00:14:22,890 ~-~-> 00:14:34,110
350 -take out these lows. Okay, the lows have been taken out. They reach down to an
351 -area of long term bullishness with a weekly bullish or ba and we can see them
352 -
353 -72
354 -00:14:34,350 ~-~-> 00:14:43,170
355 -working that level. Look at the reaction up to this range is is the same type of
356 -thing you would expect to see what the Asian range on a daily chart or a daily
357 -
358 -73
359 -00:14:43,170 ~-~-> 00:14:55,920
360 -range rather, price drops back down. And for anyone that has my old tutorials
361 -where I teach the London open, set up where this would be the Asian range and it
362 -
363 -74
364 -00:14:55,920 ~-~-> 00:15:04,560
365 -price drops down gets Judas swing, an optimal trade entry failure swing The
366 -Daily range runs up. All we're looking at here is the same thing applied to it
367 -
368 -75
369 -00:15:04,620 ~-~-> 00:15:17,520
370 -on a monthly perspective, we have the monthly, first five trading days of the
371 -month. bracket those out, define your range have a bias bullish or bearish and
372 -
373 -76
374 -00:15:17,520 ~-~-> 00:15:28,080
375 -then use the same concepts that are otherwise taught in the intraday models. And
376 -you'll see that we're using not a, again, new weekly or refinement of my ICT
377 -
378 -77
379 -00:15:28,080 ~-~-> 00:15:37,530
380 -concepts. It's always just this, it's what I've already shared. But you can't
381 -put lipstick on this and call it something else, folks, it's something I've
382 -
383 -78
384 -00:15:37,740 ~-~-> 00:15:48,270
385 -taught years ago, people have an inherent video library. And they know it when
386 -they see it. So this is the approach to using power three with a higher
387 -
388 -79
389 -00:15:48,270 ~-~-> 00:15:57,780
390 -timeframe perspective, and it delivers just as much precision that you would
391 -expect. And my examples have shown on an intraday capacity. In terms of market
392 -
393 -80
394 -00:15:57,780 ~-~-> 00:16:09,060
395 -symmetry, we can see the range that we do like with the Asian range, we do one
396 -standard deviation down, boom, hits it as it overlaps and converges with that
397 -
398 -81
399 -00:16:09,060 ~-~-> 00:16:18,180
400 -weekly order block that will be deemed bullish. And once they deviate from the
401 -upside, we can see that the market has thus far with no problem whatsoever, gone
402 -
403 -82
404 -00:16:18,180 ~-~-> 00:16:27,390
405 -one standard deviation on the upside, and we'll see if there's any more
406 -continuation next week as we go into new trading. So I wanted to share this with
407 -
408 -83
409 -00:16:27,390 ~-~-> 00:16:39,000
410 -you give you one more examples of how we can use not just intraday stuff, but
411 -using the same elements of time and price that I teach and using the ICT power
412 -
413 -84
414 -00:16:39,000 ~-~-> 00:16:50,310
415 -three concept, applying it to a monthly perspective and a weekly perspective, we
416 -can see that same thing happening here. Let's take these off.
417 -
418 -85
419 -00:16:57,930 ~-~-> 00:17:11,640
420 -Okay, so we have the Mondays range in here. Right here, Mondays range. And if we
421 -apply that same theory, not on the monthly perspective, but on a weekly basis.
422 -
423 -86
424 -00:17:14,250 ~-~-> 00:17:25,890
425 -Okay, we have Monday's range here. So here's Monday's trading. And below that we
426 -get the run on Tuesday, taking the liquidity out below that low at a weekly
427 -
428 -87
429 -00:17:25,890 ~-~-> 00:17:37,830
430 -bullish order block, as one would expect that we're going to take this range
431 -here, and we're gonna duplicate that. Okay. And again, this is not something
432 -
433 -88
434 -00:17:37,830 ~-~-> 00:17:42,750
435 -new, no one can take credit for this stuff. This is stuff that I taught for free
436 -on YouTube.
437 -
438 -89
439 -00:17:48,150 ~-~-> 00:17:57,720
440 -Okay, and you can start doing your standard deviations. And you'll see where
441 -price will want to reach for.
442 -
443 -90
444 -00:18:03,000 ~-~-> 00:18:21,960
445 -So we're looking at 122 30. What is that? Let's put a horizontal line on there.
446 -So 120 to 38.7. Okay, now remember, I had shared a chart last week with an
447 -
448 -91
449 -00:18:21,960 ~-~-> 00:18:31,080
450 -objective of 122 32. And should we hit that level? I've already put it out
451 -there. So it's not like I can say, Well, you know, I thought it was going to go
452 -
453 -92
454 -00:18:31,080 ~-~-> 00:18:42,060
455 -here and look like I did in hindsight, it's been out there for several days. So
456 -should we see 120 to 32 traded to now 120 38.7, if that's traded to, you know
457 -
458 -93
459 -00:18:42,060 ~-~-> 00:18:51,150
460 -why? Because this is the mechanics behind me the algorithm is seeking these
461 -areas of liquidity. But specifically the 122 32 level, should we hit that level,
462 -
463 -94
464 -00:18:51,180 ~-~-> 00:19:03,540
465 -I will then outline how I knew that was likely to hit not guaranteeing it, but
466 -that's what I'm looking for. So between 120 to 30 to 120 to 40 in that area. I
467 -
468 -95
469 -00:19:03,540 ~-~-> 00:19:11,400
470 -think it's a reasonable upside objective for next week initially, should we see
471 -continuation and erosion on the dollar index, and obviously that's going to
472 -
473 -96
474 -00:19:11,400 ~-~-> 00:19:23,310
475 -compound and see larger upside objectives for euro dollar and cable and lower
476 -objectives on the dollar index. So hopefully you found this video insightful and
477 -
478 -97
479 -00:19:23,340 ~-~-> 00:19:25,860
480 -I'll talk to you next time. I wish you good luck and good trading.