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1 -1
2 -00:00:36,750 ~-~-> 00:00:47,400
3 -ICT: Okay, so we're looking at the British pound. Today's action was pretty
4 -eventful, not surprising. We were looking for this last night on our mentorship.
1 +(% class="hover min" %)
2 +|1 |00:00:36,750 ~-~-> 00:00:47,400 |ICT: Okay, so we're looking at the British pound. Today's action was pretty eventful, not surprising. We were looking for this last night on our mentorship.
3 +|2 |00:00:48,000 ~-~-> 00:00:56,760 |But I mentioned on Twitter today that 120 20 had a lot of work on that level. And if you got to a daily chart and drop a horizontal line, you see what I mean
4 +|3 |00:00:56,760 ~-~-> 00:01:08,220 |by that we had some heavy flows that come around, just above and below this level. But essentially, it's been the institutional 128 20. Even in here, we've
5 +|4 |00:01:08,220 ~-~-> 00:01:17,280 |had a lot of activity when we drop down to a four hour chart, you'll see a lot more fun, more obvious. You can see how it's been working this level back and
6 +|5 |00:01:17,280 ~-~-> 00:01:26,910 |forth, back and forth, gravitating back to gravitating back to it. We had a nice sell off yesterday. And it was a continuation of the theme I gave on Friday last
7 +|6 |00:01:26,910 ~-~-> 00:01:40,590 |week looking for the break on the trend lines, the folks that like to use those for their their setups and such the move that back up to the 128 20 level then
8 +|7 |00:01:40,590 ~-~-> 00:01:53,490 |rejection we saw come back one more time and then ultimately ramped it one more time above the short term high here and then ran for the old daily low not only
9 +|8 |00:01:53,490 ~-~-> 00:02:05,970 |went below it a little bit by one or two pips I think we see the old low was on this feed, it's 126 63. But the low comes in at 22 I'm sorry 2661. So it's only
10 +|9 |00:02:05,970 ~-~-> 00:02:15,930 |two pips below the historical daily high for forex ltds demo account. So if we're looking at the intraday price action, let's drop down into an hourly
11 +|10 |00:02:15,930 ~-~-> 00:02:26,910 |basis. Okay, so let me see what has transpired today. I hinted at looking at wolf waves, which I'm not going to teach this concept here because obviously, my
12 +|11 |00:02:26,910 ~-~-> 00:02:38,490 |videos are monetized. So it would be hypocritical of me to put the someone else's concept which obviously I mentioned in the past, I did an event. If you
13 +|12 |00:02:38,490 ~-~-> 00:02:51,930 |want to learn more about wolf waves, you can go on to Google and do a search on wolf WLF e wave. Or you can look at the street smarts book, by Linda Raskin,
14 +|13 |00:02:51,990 ~-~-> 00:03:07,470 |Larry Connors from the 90s, mid 90s herself. They introduced that specific pattern, if you will, and it uses basically, trend lines, okay, now I know, a
15 +|14 |00:03:07,470 ~-~-> 00:03:16,950 |great opponent to diagnose support resistance using trend lines. And quite certain I'm going to offend some of you that swear by God, that that's the basis
16 +|15 |00:03:16,950 ~-~-> 00:03:30,780 |of why your secret sauce makes you money. But looking at the market as a casino, I know that the odds are likely that trend lines typically are going to fail
17 +|16 |00:03:30,780 ~-~-> 00:03:41,640 |more than they're going to help you. So many opportunities to draw a trend line. But when we use proper context, as I hinted at on Twitter this morning, this is
18 +|17 |00:03:41,640 ~-~-> 00:03:52,710 |all before the fact. So we're looking at things that happen after the fact now. So this is going out to you, Marcus, your your comments about wanting to see me
19 +|18 |00:03:52,710 ~-~-> 00:04:02,610 |do this with candles have it more or less formed yet. You know, I do that just about every single week on Twitter. So this is one more for you. So
20 +|19 |00:04:04,020 ~-~-> 00:04:16,980 |I'm going to add in the short trend line segments here. And this pattern for folks that are familiar with classical charting patterns. This is a broadening
21 +|20 |00:04:17,100 ~-~-> 00:04:30,450 |pattern or a megaphone pattern. Okay, imagine the person holding the megaphone here and talking into this point, and obviously it fans out further. Now it's a
22 +|21 |00:04:30,450 ~-~-> 00:04:40,440 |rather simplistic pattern. You don't see it too many times in price action, but today, it just jumped off the chart with me. So while we were running up in
23 +|22 |00:04:40,440 ~-~-> 00:04:49,740 |here, I mentioned that we have speaker talking I think it's around four o'clock in the morning, New York time during the London session. I was talking to
24 +|23 |00:04:49,740 ~-~-> 00:05:00,270 |everyone on Twitter, you can go back and look at it. I stated that it was an interesting price run ahead of the speaker and we ran right above that. Short
25 +|24 |00:05:00,270 ~-~-> 00:05:12,480 |term high and also right into this area right in here. Now typically retail like the US trend trend lines underneath lows to support or build a theory that it's
26 +|25 |00:05:12,480 ~-~-> 00:05:23,490 |an uptrend. And they'll put a diagonal trend line sloping down, touching supposedly reference points that will constitute a downtrend. Now again, without
27 +|26 |00:05:23,490 ~-~-> 00:05:32,250 |beating up the whole theory of trend lines, because I've done that many times in the past, this is one time I do agree with trend lines, but not for the sake of
28 +|27 |00:05:32,280 ~-~-> 00:05:45,390 |entry, but for the sake of profit taking. So that's the only component about the wolf way that I like. So if this is something of interest to you, you can look
29 +|28 |00:05:45,390 ~-~-> 00:05:57,420 |at Google and find the author of the concept himself and study it, and maybe you'll be edified by it. To me personally, back in the 90s, there was a group of
30 +|29 |00:05:57,420 ~-~-> 00:06:08,400 |traders that were following me back then. And they knew about what I called hidden trend lines. Now, weights weren't talked about back then. It hadn't been
31 +|30 |00:06:08,430 ~-~-> 00:06:18,480 |at least brought to my attention. And it was before the St. Mark's book was published, I'm not stating that the author didn't have it or conceptualized it
32 +|31 |00:06:18,480 ~-~-> 00:06:31,350 |before making its way into the book street smarts. And the saying that I personally wasn't exposed to it. At least not prior to street smarts. So, but I
33 +|32 |00:06:31,350 ~-~-> 00:06:47,250 |was looking for things to justify the use of trend lines that would be a against the usual use of them. And kind of like the pitchfork idea. Okay, Andrews
34 +|33 |00:06:47,250 ~-~-> 00:06:56,610 |Pitchfork. If you look at the concept and look it up on Google, you'll see there's, there's an element to that, that I used back in the 90s. And I didn't
35 +|34 |00:06:56,610 ~-~-> 00:07:07,020 |use it long as I just basically dropped, it didn't care too much for but how I grew out of all those things, is I was using pitchforks. And I was using things
36 +|35 |00:07:07,020 ~-~-> 00:07:17,760 |like, well, for instance, if you look at the high here, draw that down to here, and slice through all this price data, you'll get this response right there and
37 +|36 |00:07:17,760 ~-~-> 00:07:27,780 |keep extending it down, you'll get this. Now it's not so much that it's a entry tool, but more or less a targeting tool. And I just looked at it and refer to it
38 +|37 |00:07:28,050 ~-~-> 00:07:42,660 |to myself as hidden trend lines, okay, like a hidden support resistance. I was really enamored by the type two trend following which is basically a reverse
39 +|38 |00:07:42,720 ~-~-> 00:07:54,810 |divergence, if you will, there were one sees that now is something that was created by George lane wasn't nicknamed nice was the guy that released that to
40 +|39 |00:07:54,810 ~-~-> 00:08:04,950 |the trading community, but George lane because he claims he made the stochastic indicator as well, which he didn't, the it just follows him. And he just gets a
41 +|40 |00:08:04,950 ~-~-> 00:08:14,340 |lot of credit for something he didn't really achieve. But nonetheless, I was looking for all these approaches and things and I felt that the wolf wave had
42 +|41 |00:08:14,340 ~-~-> 00:08:24,420 |something to offer. But it just to me, it felt like Elliott Wave, you got to count this wave count that wave and ABC and all that good grief, you know, I'm,
43 +|42 |00:08:24,960 ~-~-> 00:08:34,800 |I've completely grades Go on, I'm gonna go back all through outlet. So if I can't see it visually, then I'm not interested. So I left and put down the wolf
44 +|43 |00:08:34,800 ~-~-> 00:08:43,380 |way. But I'll counter you to study this formation in here, because it has a lot of similarities to it. And that's reason why I prompted everyone on Twitter. And
45 +|44 |00:08:43,380 ~-~-> 00:08:44,100 |I mentioned that
46 +|45 |00:08:45,810 ~-~-> 00:08:55,320 |120 20 before the fact that had a lot of work there. Okay, so your attention should have been there. And also previous high. So we know that there's a
47 +|46 |00:08:55,320 ~-~-> 00:09:03,090 |potential for without this diagonal trend line here. So I just mentioned this in passing. Because I mentioned on Twitter, that was the whole basis for me to
48 +|47 |00:09:03,090 ~-~-> 00:09:12,840 |talking about it. But from my standpoint, this right here is the other pattern, which basically stems from that same book, street smarts. So you kind of get
49 +|48 |00:09:12,840 ~-~-> 00:09:21,930 |like a little bit of an origins, if you will, of some of my favorite patterns. Now when I say my favorite patterns, I'm not claiming that I created the turtle
50 +|49 |00:09:21,930 ~-~-> 00:09:32,610 |suit. I'm not claiming ownership of it. This thought that it was a pattern that was profitable, but more than any other pattern I've ever seen. And that's one
51 +|50 |00:09:32,610 ~-~-> 00:09:44,100 |of the patterns I love. It's a stop run. And a stock run could be an exit on an existing trade or it could be a new entry. So with that said, you can see price
52 +|51 |00:09:44,100 ~-~-> 00:09:54,480 |did in fact run up in here post, the speaker, London session, it created that whole Carnival like atmosphere where we had this really big run up in here. And
53 +|52 |00:09:54,480 ~-~-> 00:10:02,760 |I'm not going to show you or playback the mentorship video but the folks that are in the mentorship Go back and listen to that I'm talking about the cable,
54 +|53 |00:10:03,030 ~-~-> 00:10:11,910 |you can see. And here, we're talking about buying the open looking for a run up and a rejection and then selling off into London close into this level down in
55 +|54 |00:10:11,910 ~-~-> 00:10:22,620 |here. That's exactly what we see here, I'm going to drop down into a 15 minute time frame. And we'll look at that, from this time perspective, you can see it's
56 +|55 |00:10:22,620 ~-~-> 00:10:35,610 |a lot more animated this way. But we have a nice price run here initially for a woman run by stops taken one more time sends it up, breaks down, we have a
57 +|56 |00:10:35,610 ~-~-> 00:10:43,620 |market structure break right in here. Okay, and once the structure breaks, we have more more rally up into what bearish order block this is all free tutorial
58 +|57 |00:10:43,620 ~-~-> 00:10:55,560 |level stuff. So if you look at the low, it's 128 18. So it could take up to 128 20 institutional, but from my personal taste 128 15 would be an ideal entry
59 +|58 |00:10:55,560 ~-~-> 00:11:09,900 |point. The high comes in at 120 18 perfect to the PIP as you would expect with ICT concepts. And the market trades off precipitously. We have a liquidity pool
60 +|59 |00:11:09,900 ~-~-> 00:11:18,510 |and form of sell stops resting below here, equals or here. So the candling are here. And we have Candyland right over here. And we have the old low on our
61 +|60 |00:11:18,510 ~-~-> 00:11:28,050 |chart. So if you don't have these reference points, the charts gonna look well. lackluster, it's not gonna provide any prognostication, or at least give you
62 +|61 |00:11:28,050 ~-~-> 00:11:42,540 |some framework to justify an idea or find a context within the price action. So when we have these daily levels, and we have critical intro week highs and lows,
63 +|62 |00:11:43,200 ~-~-> 00:11:55,050 |that basis was I was looking for a weaker British Pound been looking forward, the trade below this low in here. Now I'm not convinced that this is obviously
64 +|63 |00:11:55,200 ~-~-> 00:12:05,400 |the end of it, because it's just too shallow, I would have run to me, I think this was just a lot of folks taking profits on a logical level on a daily chart.
65 +|64 |00:12:06,090 ~-~-> 00:12:17,430 |And I think it would be advantageous for us to study collectively, as a community. If there's any willingness to one go back down below that. But the
66 +|65 |00:12:17,460 ~-~-> 00:12:30,060 |idea of trading inside this, I'm gonna drop down to a five minute chart and then a one minute chart and you'll see why I'm going to chart so we have the 128 20
67 +|66 |00:12:30,060 ~-~-> 00:12:44,760 |level in here. And price creates a run above it collapses, market structure break, run up again into that bearish order block. Okay, we can sell short
68 +|67 |00:12:45,420 ~-~-> 00:12:55,860 |120 805 want to stop, I don't have to worry about buying up here because it could it could have ran continuously. But if I put a stop below the market and
69 +|68 |00:12:55,860 ~-~-> 00:13:06,420 |it runs down to my order, then in theory, the work over here is already done. And I'm also getting in line with the institutional order flow and short term
70 +|69 |00:13:06,420 ~-~-> 00:13:17,610 |momentum. So you can see all of the price runs in here. Go back and look at Twitter. You can see all of my my exits and such. All of those were capitalizing
71 +|70 |00:13:17,610 ~-~-> 00:13:26,940 |on 20 PIP runs. When I was one that got away from me I think I got only I think was 19 pips, it may be 18 pips, but it was real close to it was just shy of the
72 +|71 |00:13:26,940 ~-~-> 00:13:36,240 |20 pips. And I got it back with an extra paper to one last piece. But all I was doing was working inside the context that we had already created.
73 +|72 |00:13:39,600 ~-~-> 00:13:51,840 |The Daily high up here, okay, and I was aiming for a run into London close down here. Now obviously, if a lot of folks Follow me, and they do their own
74 +|73 |00:13:51,840 ~-~-> 00:13:59,100 |services, and I'm quite certain if I say anything on Twitter, and this is gonna sound arrogant, but it is what it is. If I post something about a particular
75 +|74 |00:13:59,100 ~-~-> 00:14:09,090 |market, it only takes a second for someone to reword that in their own text or tweet and post it and it looks like they're a rock star. So I kind of keep
76 +|75 |00:14:09,090 ~-~-> 00:14:19,140 |things vague and my mentorship knows that I, I fancy dance the entries and my exits for a reason. Not only because I have people wanting to follow me
77 +|76 |00:14:19,170 ~-~-> 00:14:32,670 |verbatim, and also because of the folks that are watching. Okay, so if I use a particular broker, I don't want to always be good or always be perfect. I want
78 +|77 |00:14:32,670 ~-~-> 00:14:42,060 |to have some muddiness to my entries and exits. Sometimes they might be a little sloppy, sometimes they may load before the fact and always before the the big
79 +|78 |00:14:42,990 ~-~-> 00:14:53,850 |ideal exit, okay or the perfect entry, fluff it up a little bit sometimes get into move after it's moved like five pips, and not basically by when it's
80 +|79 |00:14:53,910 ~-~-> 00:15:08,040 |raining. Gold face candle. That's what I teach in theory, but because I'm a firm believer that brokers will absolutely start manipulating your feels. Okay, they
81 +|80 |00:15:08,040 ~-~-> 00:15:16,530 |can say, Well, you know, do a read, quote, do read, quote, I've experienced that a lot. And if you've ever done any live trading, you can see how frustrating
82 +|81 |00:15:16,530 ~-~-> 00:15:25,410 |that would be, because it's going to be done at the most opportune times for you looking for a fill, or an exit, when they're letting price run, because it's
83 +|82 |00:15:25,410 ~-~-> 00:15:36,120 |already showing increased volatility. So these are the two reference points of us using internally today. And every time we created an opportunity, I want a
84 +|83 |00:15:36,120 ~-~-> 00:15:46,560 |one minute basis. There wasn't an opportunity for me to go short. Now, all I did was worked inside of ranges between this high here, which I believe was the
85 +|84 |00:15:47,400 ~-~-> 00:16:03,420 |short term, low risk entry, and could see this as a market maker. So model, okay, consolidation, ran up and sells off. I was anticipating all of the price
86 +|85 |00:16:03,420 ~-~-> 00:16:14,880 |moves in here, that would constitute another run lower on 20 pips. So if I knew that this was the likely high the day, and this area right in here was a kind of
87 +|86 |00:16:14,880 ~-~-> 00:16:24,840 |a high, probably turning point. And this is where I'm aiming for my target. All I have to do is work within that range and break it down into 10, or 15, or 20,
88 +|87 |00:16:24,840 ~-~-> 00:16:34,950 |or 30, Pip ranges, and then I can see how I can enter that. And I don't have to be entering one up close candle, because I'm already in sync with institutional
89 +|88 |00:16:34,950 ~-~-> 00:16:42,060 |order flow. Everything is in line, so I don't really care really, I mean, as long as I'm getting in, and my stop is going to be reasonable. what's reasonable
90 +|89 |00:16:42,150 ~-~-> 00:16:53,460 |15 pips. So if I'm doing 15 pips to make 20 just to showcase multiple entries and multiple exits, multiple entries, multiple exits, just to show you how easy
91 +|90 |00:16:53,730 ~-~-> 00:17:01,290 |it is to capture a weekly haul of 25 to 30 pips just once a week, it's all you got to do, and you build a career with that. Now, obviously, it takes a great
92 +|91 |00:17:01,290 ~-~-> 00:17:10,620 |deal of discipline and patience to get to that level, and only be able to focus on one specific criteria are set up. But this is just one more evidence as to
93 +|92 |00:17:11,070 ~-~-> 00:17:20,250 |the principles that I teach and free tutorials. That's all I showed you here. Okay, we were looking at higher timeframe premise. We were looking for a Judas
94 +|93 |00:17:20,250 ~-~-> 00:17:28,830 |swing. This was a little bit of a exaggerated or extended stop, run. But if you are in my mentorship, go back and listen to it, you'll hear that we're going to
95 +|94 |00:17:28,830 ~-~-> 00:17:40,350 |be studying the open close relationship, buying on the open. It means running up looking for a rejection, then selling off Allah, Judas swing, and then trading
96 +|95 |00:17:40,350 ~-~-> 00:17:53,730 |lower into London close targeting this level here. You can't get any better than that script. It's laid out perfectly before the fact and here it is. Now what do
97 +|96 |00:17:53,730 ~-~-> 00:18:02,040 |we do with this going forward? We just basically wait. You sit on your hands because it's a non farm payroll week. And I teach all my students to try to
98 +|97 |00:18:02,040 ~-~-> 00:18:11,790 |capture your pound of flesh before Wednesday's New York open and then sit on the sidelines and spectate only don't speculate on Wednesday afternoon, Thursday,
99 +|98 |00:18:11,790 ~-~-> 00:18:18,060 |all day or on non farm payrolls. So hopefully you found this insightful and I'll talk to you next time. I wish you good luck in the trading
5 5  
6 -2
7 -00:00:48,000 ~-~-> 00:00:56,760
8 -But I mentioned on Twitter today that 120 20 had a lot of work on that level.
9 -And if you got to a daily chart and drop a horizontal line, you see what I mean
10 -
11 -3
12 -00:00:56,760 ~-~-> 00:01:08,220
13 -by that we had some heavy flows that come around, just above and below this
14 -level. But essentially, it's been the institutional 128 20. Even in here, we've
15 -
16 -4
17 -00:01:08,220 ~-~-> 00:01:17,280
18 -had a lot of activity when we drop down to a four hour chart, you'll see a lot
19 -more fun, more obvious. You can see how it's been working this level back and
20 -
21 -5
22 -00:01:17,280 ~-~-> 00:01:26,910
23 -forth, back and forth, gravitating back to gravitating back to it. We had a nice
24 -sell off yesterday. And it was a continuation of the theme I gave on Friday last
25 -
26 -6
27 -00:01:26,910 ~-~-> 00:01:40,590
28 -week looking for the break on the trend lines, the folks that like to use those
29 -for their their setups and such the move that back up to the 128 20 level then
30 -
31 -7
32 -00:01:40,590 ~-~-> 00:01:53,490
33 -rejection we saw come back one more time and then ultimately ramped it one more
34 -time above the short term high here and then ran for the old daily low not only
35 -
36 -8
37 -00:01:53,490 ~-~-> 00:02:05,970
38 -went below it a little bit by one or two pips I think we see the old low was on
39 -this feed, it's 126 63. But the low comes in at 22 I'm sorry 2661. So it's only
40 -
41 -9
42 -00:02:05,970 ~-~-> 00:02:15,930
43 -two pips below the historical daily high for forex ltds demo account. So if
44 -we're looking at the intraday price action, let's drop down into an hourly
45 -
46 -10
47 -00:02:15,930 ~-~-> 00:02:26,910
48 -basis. Okay, so let me see what has transpired today. I hinted at looking at
49 -wolf waves, which I'm not going to teach this concept here because obviously, my
50 -
51 -11
52 -00:02:26,910 ~-~-> 00:02:38,490
53 -videos are monetized. So it would be hypocritical of me to put the someone
54 -else's concept which obviously I mentioned in the past, I did an event. If you
55 -
56 -12
57 -00:02:38,490 ~-~-> 00:02:51,930
58 -want to learn more about wolf waves, you can go on to Google and do a search on
59 -wolf WLF e wave. Or you can look at the street smarts book, by Linda Raskin,
60 -
61 -13
62 -00:02:51,990 ~-~-> 00:03:07,470
63 -Larry Connors from the 90s, mid 90s herself. They introduced that specific
64 -pattern, if you will, and it uses basically, trend lines, okay, now I know, a
65 -
66 -14
67 -00:03:07,470 ~-~-> 00:03:16,950
68 -great opponent to diagnose support resistance using trend lines. And quite
69 -certain I'm going to offend some of you that swear by God, that that's the basis
70 -
71 -15
72 -00:03:16,950 ~-~-> 00:03:30,780
73 -of why your secret sauce makes you money. But looking at the market as a casino,
74 -I know that the odds are likely that trend lines typically are going to fail
75 -
76 -16
77 -00:03:30,780 ~-~-> 00:03:41,640
78 -more than they're going to help you. So many opportunities to draw a trend line.
79 -But when we use proper context, as I hinted at on Twitter this morning, this is
80 -
81 -17
82 -00:03:41,640 ~-~-> 00:03:52,710
83 -all before the fact. So we're looking at things that happen after the fact now.
84 -So this is going out to you, Marcus, your your comments about wanting to see me
85 -
86 -18
87 -00:03:52,710 ~-~-> 00:04:02,610
88 -do this with candles have it more or less formed yet. You know, I do that just
89 -about every single week on Twitter. So this is one more for you. So
90 -
91 -19
92 -00:04:04,020 ~-~-> 00:04:16,980
93 -I'm going to add in the short trend line segments here. And this pattern for
94 -folks that are familiar with classical charting patterns. This is a broadening
95 -
96 -20
97 -00:04:17,100 ~-~-> 00:04:30,450
98 -pattern or a megaphone pattern. Okay, imagine the person holding the megaphone
99 -here and talking into this point, and obviously it fans out further. Now it's a
100 -
101 -21
102 -00:04:30,450 ~-~-> 00:04:40,440
103 -rather simplistic pattern. You don't see it too many times in price action, but
104 -today, it just jumped off the chart with me. So while we were running up in
105 -
106 -22
107 -00:04:40,440 ~-~-> 00:04:49,740
108 -here, I mentioned that we have speaker talking I think it's around four o'clock
109 -in the morning, New York time during the London session. I was talking to
110 -
111 -23
112 -00:04:49,740 ~-~-> 00:05:00,270
113 -everyone on Twitter, you can go back and look at it. I stated that it was an
114 -interesting price run ahead of the speaker and we ran right above that. Short
115 -
116 -24
117 -00:05:00,270 ~-~-> 00:05:12,480
118 -term high and also right into this area right in here. Now typically retail like
119 -the US trend trend lines underneath lows to support or build a theory that it's
120 -
121 -25
122 -00:05:12,480 ~-~-> 00:05:23,490
123 -an uptrend. And they'll put a diagonal trend line sloping down, touching
124 -supposedly reference points that will constitute a downtrend. Now again, without
125 -
126 -26
127 -00:05:23,490 ~-~-> 00:05:32,250
128 -beating up the whole theory of trend lines, because I've done that many times in
129 -the past, this is one time I do agree with trend lines, but not for the sake of
130 -
131 -27
132 -00:05:32,280 ~-~-> 00:05:45,390
133 -entry, but for the sake of profit taking. So that's the only component about the
134 -wolf way that I like. So if this is something of interest to you, you can look
135 -
136 -28
137 -00:05:45,390 ~-~-> 00:05:57,420
138 -at Google and find the author of the concept himself and study it, and maybe
139 -you'll be edified by it. To me personally, back in the 90s, there was a group of
140 -
141 -29
142 -00:05:57,420 ~-~-> 00:06:08,400
143 -traders that were following me back then. And they knew about what I called
144 -hidden trend lines. Now, weights weren't talked about back then. It hadn't been
145 -
146 -30
147 -00:06:08,430 ~-~-> 00:06:18,480
148 -at least brought to my attention. And it was before the St. Mark's book was
149 -published, I'm not stating that the author didn't have it or conceptualized it
150 -
151 -31
152 -00:06:18,480 ~-~-> 00:06:31,350
153 -before making its way into the book street smarts. And the saying that I
154 -personally wasn't exposed to it. At least not prior to street smarts. So, but I
155 -
156 -32
157 -00:06:31,350 ~-~-> 00:06:47,250
158 -was looking for things to justify the use of trend lines that would be a against
159 -the usual use of them. And kind of like the pitchfork idea. Okay, Andrews
160 -
161 -33
162 -00:06:47,250 ~-~-> 00:06:56,610
163 -Pitchfork. If you look at the concept and look it up on Google, you'll see
164 -there's, there's an element to that, that I used back in the 90s. And I didn't
165 -
166 -34
167 -00:06:56,610 ~-~-> 00:07:07,020
168 -use it long as I just basically dropped, it didn't care too much for but how I
169 -grew out of all those things, is I was using pitchforks. And I was using things
170 -
171 -35
172 -00:07:07,020 ~-~-> 00:07:17,760
173 -like, well, for instance, if you look at the high here, draw that down to here,
174 -and slice through all this price data, you'll get this response right there and
175 -
176 -36
177 -00:07:17,760 ~-~-> 00:07:27,780
178 -keep extending it down, you'll get this. Now it's not so much that it's a entry
179 -tool, but more or less a targeting tool. And I just looked at it and refer to it
180 -
181 -37
182 -00:07:28,050 ~-~-> 00:07:42,660
183 -to myself as hidden trend lines, okay, like a hidden support resistance. I was
184 -really enamored by the type two trend following which is basically a reverse
185 -
186 -38
187 -00:07:42,720 ~-~-> 00:07:54,810
188 -divergence, if you will, there were one sees that now is something that was
189 -created by George lane wasn't nicknamed nice was the guy that released that to
190 -
191 -39
192 -00:07:54,810 ~-~-> 00:08:04,950
193 -the trading community, but George lane because he claims he made the stochastic
194 -indicator as well, which he didn't, the it just follows him. And he just gets a
195 -
196 -40
197 -00:08:04,950 ~-~-> 00:08:14,340
198 -lot of credit for something he didn't really achieve. But nonetheless, I was
199 -looking for all these approaches and things and I felt that the wolf wave had
200 -
201 -41
202 -00:08:14,340 ~-~-> 00:08:24,420
203 -something to offer. But it just to me, it felt like Elliott Wave, you got to
204 -count this wave count that wave and ABC and all that good grief, you know, I'm,
205 -
206 -42
207 -00:08:24,960 ~-~-> 00:08:34,800
208 -I've completely grades Go on, I'm gonna go back all through outlet. So if I
209 -can't see it visually, then I'm not interested. So I left and put down the wolf
210 -
211 -43
212 -00:08:34,800 ~-~-> 00:08:43,380
213 -way. But I'll counter you to study this formation in here, because it has a lot
214 -of similarities to it. And that's reason why I prompted everyone on Twitter. And
215 -
216 -44
217 -00:08:43,380 ~-~-> 00:08:44,100
218 -I mentioned that
219 -
220 -45
221 -00:08:45,810 ~-~-> 00:08:55,320
222 -120 20 before the fact that had a lot of work there. Okay, so your attention
223 -should have been there. And also previous high. So we know that there's a
224 -
225 -46
226 -00:08:55,320 ~-~-> 00:09:03,090
227 -potential for without this diagonal trend line here. So I just mentioned this in
228 -passing. Because I mentioned on Twitter, that was the whole basis for me to
229 -
230 -47
231 -00:09:03,090 ~-~-> 00:09:12,840
232 -talking about it. But from my standpoint, this right here is the other pattern,
233 -which basically stems from that same book, street smarts. So you kind of get
234 -
235 -48
236 -00:09:12,840 ~-~-> 00:09:21,930
237 -like a little bit of an origins, if you will, of some of my favorite patterns.
238 -Now when I say my favorite patterns, I'm not claiming that I created the turtle
239 -
240 -49
241 -00:09:21,930 ~-~-> 00:09:32,610
242 -suit. I'm not claiming ownership of it. This thought that it was a pattern that
243 -was profitable, but more than any other pattern I've ever seen. And that's one
244 -
245 -50
246 -00:09:32,610 ~-~-> 00:09:44,100
247 -of the patterns I love. It's a stop run. And a stock run could be an exit on an
248 -existing trade or it could be a new entry. So with that said, you can see price
249 -
250 -51
251 -00:09:44,100 ~-~-> 00:09:54,480
252 -did in fact run up in here post, the speaker, London session, it created that
253 -whole Carnival like atmosphere where we had this really big run up in here. And
254 -
255 -52
256 -00:09:54,480 ~-~-> 00:10:02,760
257 -I'm not going to show you or playback the mentorship video but the folks that
258 -are in the mentorship Go back and listen to that I'm talking about the cable,
259 -
260 -53
261 -00:10:03,030 ~-~-> 00:10:11,910
262 -you can see. And here, we're talking about buying the open looking for a run up
263 -and a rejection and then selling off into London close into this level down in
264 -
265 -54
266 -00:10:11,910 ~-~-> 00:10:22,620
267 -here. That's exactly what we see here, I'm going to drop down into a 15 minute
268 -time frame. And we'll look at that, from this time perspective, you can see it's
269 -
270 -55
271 -00:10:22,620 ~-~-> 00:10:35,610
272 -a lot more animated this way. But we have a nice price run here initially for a
273 -woman run by stops taken one more time sends it up, breaks down, we have a
274 -
275 -56
276 -00:10:35,610 ~-~-> 00:10:43,620
277 -market structure break right in here. Okay, and once the structure breaks, we
278 -have more more rally up into what bearish order block this is all free tutorial
279 -
280 -57
281 -00:10:43,620 ~-~-> 00:10:55,560
282 -level stuff. So if you look at the low, it's 128 18. So it could take up to
283 -128 20 institutional, but from my personal taste 128 15 would be an ideal entry
284 -
285 -58
286 -00:10:55,560 ~-~-> 00:11:09,900
287 -point. The high comes in at 120 18 perfect to the PIP as you would expect with
288 -ICT concepts. And the market trades off precipitously. We have a liquidity pool
289 -
290 -59
291 -00:11:09,900 ~-~-> 00:11:18,510
292 -and form of sell stops resting below here, equals or here. So the candling are
293 -here. And we have Candyland right over here. And we have the old low on our
294 -
295 -60
296 -00:11:18,510 ~-~-> 00:11:28,050
297 -chart. So if you don't have these reference points, the charts gonna look well.
298 -lackluster, it's not gonna provide any prognostication, or at least give you
299 -
300 -61
301 -00:11:28,050 ~-~-> 00:11:42,540
302 -some framework to justify an idea or find a context within the price action. So
303 -when we have these daily levels, and we have critical intro week highs and lows,
304 -
305 -62
306 -00:11:43,200 ~-~-> 00:11:55,050
307 -that basis was I was looking for a weaker British Pound been looking forward,
308 -the trade below this low in here. Now I'm not convinced that this is obviously
309 -
310 -63
311 -00:11:55,200 ~-~-> 00:12:05,400
312 -the end of it, because it's just too shallow, I would have run to me, I think
313 -this was just a lot of folks taking profits on a logical level on a daily chart.
314 -
315 -64
316 -00:12:06,090 ~-~-> 00:12:17,430
317 -And I think it would be advantageous for us to study collectively, as a
318 -community. If there's any willingness to one go back down below that. But the
319 -
320 -65
321 -00:12:17,460 ~-~-> 00:12:30,060
322 -idea of trading inside this, I'm gonna drop down to a five minute chart and then
323 -a one minute chart and you'll see why I'm going to chart so we have the 128 20
324 -
325 -66
326 -00:12:30,060 ~-~-> 00:12:44,760
327 -level in here. And price creates a run above it collapses, market structure
328 -break, run up again into that bearish order block. Okay, we can sell short
329 -
330 -67
331 -00:12:45,420 ~-~-> 00:12:55,860
332 -120 805 want to stop, I don't have to worry about buying up here because it
333 -could it could have ran continuously. But if I put a stop below the market and
334 -
335 -68
336 -00:12:55,860 ~-~-> 00:13:06,420
337 -it runs down to my order, then in theory, the work over here is already done.
338 -And I'm also getting in line with the institutional order flow and short term
339 -
340 -69
341 -00:13:06,420 ~-~-> 00:13:17,610
342 -momentum. So you can see all of the price runs in here. Go back and look at
343 -Twitter. You can see all of my my exits and such. All of those were capitalizing
344 -
345 -70
346 -00:13:17,610 ~-~-> 00:13:26,940
347 -on 20 PIP runs. When I was one that got away from me I think I got only I think
348 -was 19 pips, it may be 18 pips, but it was real close to it was just shy of the
349 -
350 -71
351 -00:13:26,940 ~-~-> 00:13:36,240
352 -20 pips. And I got it back with an extra paper to one last piece. But all I was
353 -doing was working inside the context that we had already created.
354 -
355 -72
356 -00:13:39,600 ~-~-> 00:13:51,840
357 -The Daily high up here, okay, and I was aiming for a run into London close down
358 -here. Now obviously, if a lot of folks Follow me, and they do their own
359 -
360 -73
361 -00:13:51,840 ~-~-> 00:13:59,100
362 -services, and I'm quite certain if I say anything on Twitter, and this is gonna
363 -sound arrogant, but it is what it is. If I post something about a particular
364 -
365 -74
366 -00:13:59,100 ~-~-> 00:14:09,090
367 -market, it only takes a second for someone to reword that in their own text or
368 -tweet and post it and it looks like they're a rock star. So I kind of keep
369 -
370 -75
371 -00:14:09,090 ~-~-> 00:14:19,140
372 -things vague and my mentorship knows that I, I fancy dance the entries and my
373 -exits for a reason. Not only because I have people wanting to follow me
374 -
375 -76
376 -00:14:19,170 ~-~-> 00:14:32,670
377 -verbatim, and also because of the folks that are watching. Okay, so if I use a
378 -particular broker, I don't want to always be good or always be perfect. I want
379 -
380 -77
381 -00:14:32,670 ~-~-> 00:14:42,060
382 -to have some muddiness to my entries and exits. Sometimes they might be a little
383 -sloppy, sometimes they may load before the fact and always before the the big
384 -
385 -78
386 -00:14:42,990 ~-~-> 00:14:53,850
387 -ideal exit, okay or the perfect entry, fluff it up a little bit sometimes get
388 -into move after it's moved like five pips, and not basically by when it's
389 -
390 -79
391 -00:14:53,910 ~-~-> 00:15:08,040
392 -raining. Gold face candle. That's what I teach in theory, but because I'm a firm
393 -believer that brokers will absolutely start manipulating your feels. Okay, they
394 -
395 -80
396 -00:15:08,040 ~-~-> 00:15:16,530
397 -can say, Well, you know, do a read, quote, do read, quote, I've experienced that
398 -a lot. And if you've ever done any live trading, you can see how frustrating
399 -
400 -81
401 -00:15:16,530 ~-~-> 00:15:25,410
402 -that would be, because it's going to be done at the most opportune times for you
403 -looking for a fill, or an exit, when they're letting price run, because it's
404 -
405 -82
406 -00:15:25,410 ~-~-> 00:15:36,120
407 -already showing increased volatility. So these are the two reference points of
408 -us using internally today. And every time we created an opportunity, I want a
409 -
410 -83
411 -00:15:36,120 ~-~-> 00:15:46,560
412 -one minute basis. There wasn't an opportunity for me to go short. Now, all I did
413 -was worked inside of ranges between this high here, which I believe was the
414 -
415 -84
416 -00:15:47,400 ~-~-> 00:16:03,420
417 -short term, low risk entry, and could see this as a market maker. So model,
418 -okay, consolidation, ran up and sells off. I was anticipating all of the price
419 -
420 -85
421 -00:16:03,420 ~-~-> 00:16:14,880
422 -moves in here, that would constitute another run lower on 20 pips. So if I knew
423 -that this was the likely high the day, and this area right in here was a kind of
424 -
425 -86
426 -00:16:14,880 ~-~-> 00:16:24,840
427 -a high, probably turning point. And this is where I'm aiming for my target. All
428 -I have to do is work within that range and break it down into 10, or 15, or 20,
429 -
430 -87
431 -00:16:24,840 ~-~-> 00:16:34,950
432 -or 30, Pip ranges, and then I can see how I can enter that. And I don't have to
433 -be entering one up close candle, because I'm already in sync with institutional
434 -
435 -88
436 -00:16:34,950 ~-~-> 00:16:42,060
437 -order flow. Everything is in line, so I don't really care really, I mean, as
438 -long as I'm getting in, and my stop is going to be reasonable. what's reasonable
439 -
440 -89
441 -00:16:42,150 ~-~-> 00:16:53,460
442 -15 pips. So if I'm doing 15 pips to make 20 just to showcase multiple entries
443 -and multiple exits, multiple entries, multiple exits, just to show you how easy
444 -
445 -90
446 -00:16:53,730 ~-~-> 00:17:01,290
447 -it is to capture a weekly haul of 25 to 30 pips just once a week, it's all you
448 -got to do, and you build a career with that. Now, obviously, it takes a great
449 -
450 -91
451 -00:17:01,290 ~-~-> 00:17:10,620
452 -deal of discipline and patience to get to that level, and only be able to focus
453 -on one specific criteria are set up. But this is just one more evidence as to
454 -
455 -92
456 -00:17:11,070 ~-~-> 00:17:20,250
457 -the principles that I teach and free tutorials. That's all I showed you here.
458 -Okay, we were looking at higher timeframe premise. We were looking for a Judas
459 -
460 -93
461 -00:17:20,250 ~-~-> 00:17:28,830
462 -swing. This was a little bit of a exaggerated or extended stop, run. But if you
463 -are in my mentorship, go back and listen to it, you'll hear that we're going to
464 -
465 -94
466 -00:17:28,830 ~-~-> 00:17:40,350
467 -be studying the open close relationship, buying on the open. It means running up
468 -looking for a rejection, then selling off Allah, Judas swing, and then trading
469 -
470 -95
471 -00:17:40,350 ~-~-> 00:17:53,730
472 -lower into London close targeting this level here. You can't get any better than
473 -that script. It's laid out perfectly before the fact and here it is. Now what do
474 -
475 -96
476 -00:17:53,730 ~-~-> 00:18:02,040
477 -we do with this going forward? We just basically wait. You sit on your hands
478 -because it's a non farm payroll week. And I teach all my students to try to
479 -
480 -97
481 -00:18:02,040 ~-~-> 00:18:11,790
482 -capture your pound of flesh before Wednesday's New York open and then sit on the
483 -sidelines and spectate only don't speculate on Wednesday afternoon, Thursday,
484 -
485 -98
486 -00:18:11,790 ~-~-> 00:18:18,060
487 -all day or on non farm payrolls. So hopefully you found this insightful and I'll
488 -talk to you next time. I wish you good luck in the trading