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Version 1.1 by Drunk Monkey on 2020-12-09 06:17
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3 ICT: It's important to realize that what I'm illustrating here is simply a
4 example of the level of precision that's available, when you understand what
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8 you're looking for.
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12 noise. There's a narrative that's going on. And it's price delivery. So we have
13 to understand that there is a wide, diverse opinion, across the board with
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17 technical analysis. One of the things that ruffles a lot of feathers with me is
18 that I candidly come out and say, 90% of what you're learning is fluff in right
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22 away, that will be very polarizing, folks that are very team oriented in their
23 mindset about who they learned from, who taught them the system, or the web, the
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27 system that is, or method that they try to use in their trading, they really
28 want to go into defensive and tell me how I'm wrong about my perspective. Now,
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32 again, I'm not trying to rally up everyone to try to defend your supply and
33 demand your Elliott Wave and all that much stuff.
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37 I don't think there's any valid reason to pursue that. And that's my personal
38 opinion. I've studied all that stuff. And you quickly realize that that's not
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42 the answer. Okay. So I kind of like want to just give you a little bit of an
43 understanding what it looks like, when you understand order flow. And this is by
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47 no means any complete, exhaustive teaching on order flow. And it's a very deep
48 subject. There's many concepts that you have to understand to fully appreciate
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52 the level of precision. But nonetheless, I teach a lot of this stuff. And yes,
53 this sounds like a shameless plug. But I don't teach everything that you see
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57 here. In my free tutorials, you will see a sampling of things. And the overall
58 premise will be what is shown in my free teachings and videos. If you put time
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62 and study with the free tutorials, and years and years and years of practice and
63 had your patience forged, you might come close to some of the lower level,
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67 mentorship teachings, but you won't have everything because there's simply gaps
68 in the teaching on my free tutorials. So again, with all that said, it's not
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72 important for you to join my mentorship. In fact, if you want to just study the
73 free stuff that I put on my YouTube channel, and you've grown from that
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77 wonderful, I love getting those emails too. But nonetheless, I teach a lot of
78 this stuff in great detail in the mentorship. So I'll give you some more
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82 information at the end of the video. If you want to know more about that. I
83 won't bore you any more with it here. Alright, so for looking at the British
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87 Pound versus the US dollar, noggins is a one minute chart. Forget timeframe.
88 Right away. Some of you are going to be thinking, is this the timeframe I trade
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92 off? No, I can trade off of this timeframe. But it's not the timeframe that I
93 trade off of, I get a lot of questions, and I'll answer it here. That way, it
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97 saves me a lot of time and retweeting it. The
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101 time that I usually execute on is usually a five minute chart or 15 minute
102 chart, my setup generally is seen on a one hour chart, or four hour. And my bias
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106 or directional premise is derived from the daily chart, and most time in this
107 kind of like the same direction on weekly chart. Unless I'm trading off of a
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111 higher timeframe dealing range from either a monthly or weekly or daily chart,
112 I'm usually trading in some measure of institutional order flow. Now
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116 institutional order flow, what is that? It is the understanding of where the
117 price algorithm will seek to move price, higher or lower. I don't believe I
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121 don't subscribe to the opinion. And common view that's bandied about in trading,
122 that markets go up and down because of buying and selling pressure, I don't
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126 believe that at all, I believe 100%. And no one's going to convince me
127 otherwise. So if you if you're new to me, and you just found me because of this
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131 video, or whatever, I'm really not interested in trying to be swayed. You
132 probably think that's a very closed minded individual. So therefore, you know,
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136 I'm probably very arrogant and stuffy and full of myself, that you're welcome to
137 have all those opinions. I'm just, I've been doing this for 27 years, you're not
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141 going to convince me otherwise. Okay? I'm only putting this out there for you to
142 investigate and see if there's anything of value that you could take away from
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146 it for your own trading. So with that said, the one minute chart, I'm kind of
147 like answered. And I said a lot about this on Twitter, in recent months, there
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151 are folks that teach other people. And they will tell you that lower timeframes,
152 no one can find any consistency with it. In fact, I send a lot of times every
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156 month or so I'll send a tweet from a gentleman that I don't even know where I
157 picked it up from but I recorded it and kept it because I think it's funny,
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161 where it says no one should try to ever time the market and beat the market
162 getting in before a big move and getting out. And no one can do it consistently.
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166 And I find that very, very amusing. Because in our community, and on my Twitter,
167 I show examples this every single week. So again, it's a lot of stuff out there
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171 that you're going to be exposed to that simply is nonsense. It's nonsense. Just
172 because these folks that tell you this, don't understand how to do it. In no way
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176 shape or form. Does it make it invalid? When I tell you that it's possible?
177 Because I show evidence of it? every single week. So last Friday, what's today's
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181 date? See here? Yeah, the 23rd the 23rd I revealed a personal algorithm of my
182 own and I don't teach it so don't ask please. But I i showcased a way of working
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186 within orderflow on what otherwise be viewed as a choppy market in the dollar
187 CAD. And between that and running up a trade in euro dollar I was able to
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191 harvest 175 pips. And then yesterday I showed 102 pips trading the same type of
192 approach. And right away I got a buzz on Twitter and most of my mentorship group
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196 are sending emails to and I gotta be teaching that and I had to hurry up squash
197 that because as a as an educator that gets paid now and much to a lot of folks
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201 dismay, it is what it is, is the only way for me to protect my intellectual
202 property I didn't incorporate and now I, you know, it's my content and I hold
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206 the copyright. So I don't want anyone feeling like you can take it and sell it
207 and repackage it without any kind of response from me and when we get a legal
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211 front but the view of having seen how I did that using limit orders both sides
212 of the market buying limiting out on the long end and limiting in a short in the
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216 in the limit orders were waiting there for me. So I can see the turning points
217 in price before it happens. No one does this stuff. No one not the guys from
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221 Goldman Sachs. Okay, they're not the guys from UBS. Not the guys from Citi. None
222 of those guys do. What I'm showing you the reasons why. They will scoff and say
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226 intraday charts are all noise is because they don't really understand how the
227 markets operate. They're taught
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231 from a very myopic view on price many times it's from a long term, macro
232 fundamental basis and I'm not going to get into on a rant about how fundamentals
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236 do or don't supply value, because to some degree, I do believe that if you're
237 going to equate fundamentals to price action, if you're going to be using the
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241 differential for interest rates, then I agree that fundamentals are salient. But
242 apart from that don't rely on and I don't care. And I'm still pulling out
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246 ridiculous, insane precision. Okay. So this is going to be one more example. And
247 I'm not going to do any more of this because all it's doing is drawing more
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251 attention to the interest in my personal algorithm, and I'm not teaching it, I'm
252 not selling it. And I'm not doing signal services with it. Okay. I just simply
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256 answer the response to some goober that posted on a video saying that I'm
257 waiting for a trending market to trade. And I don't rely on a trend, it just
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261 makes it a lot easier when you understand higher timeframe order flow. And if
262 you trade in that direction, your trade setups will work. If you're in sync with
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266 that, the problem is, is most people don't understand what the order flow is at
267 any given time. And while I won't really go into that here, because it takes
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271 multiple videos and other supporting theories, like open float, and just a
272 myriad of things that needs to be covered, some of which I hinted at in free
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276 tutorials, and you can pursue some of that in my youtube channel doesn't cost
277 anything but your time to go and watch those videos. And I promise you, you will
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281 learn more about price action from those videos than any book anywhere on the
282 subject, period. So what kinda like my ask you a question? If you look at price
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286 action, where we're at right now, disregard the reaction down here for now,
287 okay, we'll get to that later in the video. disregard the the low down here,
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291 we're not concerned about that. What I'm asking you look at this movement here,
292 and then a run up to this level, then this movement down to here. Okay. If I
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296 were to ask you, what you what do you see rather, if I were to ask you, what do
297 you see in that? If we were all in a room coming up from different backgrounds,
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301 from different technical approaches to trading from different studies and
302 disciplines of trading? invariably, we're going to have a wide range of views
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306 about what they would collectively see. And my question is, when you look at
307 price action like this, are you looking for patterns? Or are you relying on
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311 indicators to tell you overbought, oversold divergence, all those types of
312 things? Or are you reading the tape? Okay, what I mean by that, before I put the
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316 annotations on my chart, okay, you obviously saw at the beginning of the video
317 where I had a short from very close to the high, and then inside this
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321 retracement, and then rode all the way down to a run below these equal lows. My
322 mind thinks about what orders are resting in the marketplace. Okay. The things
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326 that work in technical analysis are the very things that don't exist in your
327 charts. And I say this a lot. And I don't really give too much thought about
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331 when I'm saying it, how much confusion or mystery it raises. But it has it has
332 come to a great deal of interest even with my personal mentorship. Members are
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336 asking me what do I mean by that? And it's, it's simply this it's liquidity. The
337 the price action that you see on your charts are not a response of buying and
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341 selling pressure. There. There's nothing to do with harmonic patterns. Nothing
342 Fibonacci made these moves form. trend lines had no bearing on how high and how
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346 far when these things occurred. The prices moving because of the central bank
347 period, that delivery of price, because they are the storehouse, they are the
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351 the producer to the supplier of price itself for the individual banks like Bank
352 of Japan and Bank of England, the Bank of Canada and Federal Reserve for the US.
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356 The price coming from that central bank is what creates these patterns on your
357 chart. Now I already know you know Joe Schmo from XYZ institutional firms going
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361 to rebut me and say, Oh, you're not you're talking about yada yada this and yada
362 yada that price is all about supply and demand. And it's not. It's absolutely
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366 not. It's not it's not. Price Is 100% manipulated, okay.
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370 If you believe that price is going up because of buying and selling. That means
371 we could literally take all these markets down in one day. If it was simply that
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375 it doesn't happen. They're controlling There's limits, there's thresholds that
376 they will allow price to trade within. I'm on record many, many times for over
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380 20, some years now, stating that the daily highs and lows formed based on a peg
381 that set at midnight, New York time. So when we see the daily highs and the lows
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385 form, in these currency pairs, you think it may be a random walk forward of
386 buying and selling pressure. It's not. I have shown many examples, both on free
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390 public and in mentorship, where I've been able to nail the high and the low of
391 the week. And the day before it happens, before it forms. I already know what's
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395 going to happen. Now that probably sounds very arrogant. Oh, now I know this is
396 a scam. I know exactly what you're thinking. This is the reason why my teachings
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400 have taken years because of me on the scene told you, I could do this right
401 away, it would nobody would ever pay attention. But I have a rather large
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405 audience that have grown to trust me because of my ability to show it. But my
406 introduction to it was to ask you all What do you see in price? I started this
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410 whole thing with the introduction of specific highly loved indicators. Because
411 if you have an affinity for indicators, you are thinking the same way as
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415 everyone else in retail. So you're all thinking the same. And if everyone is
416 struggling, by far and large, if you looked at statistics, most people lose
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420 money trading. And it becomes rather obvious. When you take a step back and look
421 at it. These are the same characteristics that all the same losers are having.
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425 So why are you doing those same things expecting that you're going to be treated
426 differently from the universe, someone's going to, you know, say, hey, look at
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430 this guy's working really hard. that's rewarding today and give him insights
431 that no one else has added the same group of people following the same things
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435 and these books, you're going to be the one that gets preferential treatment.
436 No, it doesn't work that way. I felt the same stuff. So don't be offended
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440 because it's exactly what I was lulled into believing back in 1992, November
441 5 1992, I sat down and considered my passive interest at the time in trading and
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445 investing. And I got hooked on it. But everything that I learned from books I
446 have since dismissed. Now, I do see things from a retail standpoint, that I know
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450 gets traders really excited. They like their indicators, they like they're
451 divergence, they like they're moving average crossovers. They like their trend
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455 lines being broken, and they like their horizontal support resistance. They love
456 those things. And I love the fact that they love them, because it gives me a
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460 great edge on knowing when smart money is going to reprice the opposite
461 direction. With that said, let's go into limited detail here. I taught a premise
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465 called the market maker buy and sell models. Now. Right away, just to kind of
466 like, head off the guys, this might come into the comment section and tell
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470 everybody that I'm teaching wycoff I was trading these ideas before I knew about
471 wycoff. Now wycoff is way before ICT way before Michael Huddleston way before I
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475 was even born, okay, this guy was talking about marking up in a price move and
476 marking down. And it would be a great interest for you to go and study whatever
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480 you can from wycoff. And then once you have done that, if you're wanting to be a
481 student of mine, join the fold and research what I teach. And you'll see that
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485 there's nothing remotely close to the level of precision that I teach using what
486 would otherwise look similar. If you look at this consolidation in here, okay?
487
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490 Wipe off a teach, here's consolidation, here's a spring or run below this low
491 here, then it runs up and it comes back as a retest, and then shoots up and then
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495 starts to sell off. Well, that's all fine and great. But what's the premise
496 behind it? Why should it form? See the problem is once I had already learned how
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500 the market books price like this in futures, because that's how I started as a
501 trader, I didn't start as a forex trader that happened as a complete transition
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505 in 2006 1992. I traded and started as a futures trader, a commodity trader by
506 looking at multiple views of my initial real mentor, Larry Williams. No, I did
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510 not go to his house. No, I did not go to his workshops. No, I did not go to
511 seminars, but I think I studied involved everything the guy put out. And it
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515 wasn't until I got with him and his material that I had a little better
516 understanding about what price was likely to do. And then from there, I
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520 dismantled all that stuff, and then went even deeper. Now, I'm not trying to
521 disrespect Mr. Williams, because I'm so thankful that he put out his books, I'm
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525 so thankful that he put me you know, in the in the initial stages of my
526 development, he had a video course. The futures millionaires confidential
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530 trading course, it was for VHS tapes, and it's very hard to find it if you go on
531 eBay once in a while you see it. But it was like, I think, if I'm not mistaken
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535 them 300 bucks or 290 bucks or 275 bucks, something like that. And it was for
536 VHS tapes. And there was a section in there that I would always look at. And I
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540 saw what was understood later on as a market maker. So model. And it was very
541 similar to what you see here. Okay. And I knew right away, that there was
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545 something to that fractal, or that pattern, if you will, or price structure,
546 because I kept seeing it over and over and over again. And it wasn't until this
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550 guy on America Line, because that's what we were using back then. Everything was
551 message boards, and I guess instant instant messages that would come up in the
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555 right hand corner. I think it's what we call them instant messages. If it's not,
556 then everyone that's in your 40s or late 30s knows exactly what I'm talking
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560 about. Instead of like a DM or direct message today, I think it was instant
561 message. But that was our internet. That was when we watched the whole
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565 transition from open outcry markets to electronic trading. But one one of the
566 message boards, there was a guy talking about wycoff. And in true form, as a
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570 noob didn't know what I was doing. I was trolling this guy, because I thought I
571 figured it out with a 50 day moving average and stochastics bullish divergence
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575 on an hourly chart. So and commitment traders, to me that was kinda like my
576 whole trading plan back then. And because everything in the 90s was going up,
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580 and he's, you know, ridiculous bull markets, I looked a lot smarter than I
581 really was. So because he was referring to things that I was not aware of at a
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585 time. And again, we're talking about 1993. So this was 1993. I made fun of the
586 guy told him everything a typical noob does to defend his team. Okay, I was I
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588 119
589 00:22:39,030 ~-~-> 00:22:46,740
590 was I was a Larry Williams guy. Okay, it's everything was Larry Williams, Larry,
591 when it's kind of like what a lot of my guys and gals like to do with me. And I
592
593 120
594 00:22:46,740 ~-~-> 00:22:56,190
595 think it's silly, really, you don't need to champion me, okay, I'm not anybody's
596 hero. I'm not trying to be a super guru. I'm a real person. And I like to be
597
598 121
599 00:22:56,190 ~-~-> 00:23:07,050
600 able to invest my experience in the new people, and relive all those moments
601 myself. But I was ridiculing something back then, which happened to be wycoff.
602
603 122
604 00:23:07,530 ~-~-> 00:23:17,760
605 Because of the silly names. Now, doesn't that sound funny, because I'm the guy
606 that coined the Judas swing, the SMT divergence, these are all rather silly
607
608 123
609 00:23:17,760 ~-~-> 00:23:27,450
610 names. But they were a means of communicating something that I understood, but
611 there was nothing for me to go and say, to my sons, who I was talking about, and
612
613 124
614 00:23:27,450 ~-~-> 00:23:39,000
615 teaching, you know, in early stages of my career, these are things that I had to
616 come up with, to communicate with, basically what it is that I'm trying to say
617
618 125
619 00:23:39,090 ~-~-> 00:23:40,410
620 is occurring in price.
621
622 126
623 00:23:41,910 ~-~-> 00:23:50,280
624 And you can't come with very lofty theories. Because you're talking to a child,
625 you kind of make it as simple as possible. So most of the things that I used,
626
627 127
628 00:23:50,760 ~-~-> 00:24:04,350
629 were rather Elementary, and it works. So because of the names like spring, jump
630 the creek, break the ice, these are all things that are synonymous with wycoff.
631
632 128
633 00:24:05,340 ~-~-> 00:24:16,050
634 I didn't like the idea. There's names, I thought it was rather myopic, and I did
635 not give it the attention. That I think personally today, it warrants that I
636
637 129
638 00:24:16,050 ~-~-> 00:24:25,680
639 don't believe that that's the answers. But I believe if you study it, you'll
640 understand it a little bit about how markets pricing runs higher and lower. But
641
642 130
643 00:24:25,680 ~-~-> 00:24:34,260
644 it doesn't really come to the conclusion of what to do with it. It works
645 beautiful. In hindsight, it shows you what you could have seen if you understood
646
647 131
648 00:24:34,260 ~-~-> 00:24:48,180
649 what price was going to do next. So I see a lot of folks that are very cynical,
650 argumentative about what I do. I have been on record before saying that I found
651
652 132
653 00:24:48,180 ~-~-> 00:24:59,700
654 supporting evidence in wycoff theory but had already arrived at seeing low
655 resistance liquidity runs, like we're going to talk about here. Okay. And the
656
657 133
658 00:24:59,700 ~-~-> 00:25:13,620
659 run on is equal lows. That was years before I understood what was being taught
660 and wycoff. And when did I go back into wycoff and revisit that it was 1997. One
661
662 134
663 00:25:13,620 ~-~-> 00:25:25,920
664 of the folks that I was working with on one on one basis, because of his trading
665 model and sharing what he was doing his problems, his gaps and understanding,
666
667 135
668 00:25:26,220 ~-~-> 00:25:36,660
669 were really the basis of me unlocking more depth to wycoff. So what I was doing
670 as I was teaching one on one basis, people would come to my home, I would sit
671
672 136
673 00:25:36,660 ~-~-> 00:25:43,950
674 with them for a week, and I'm explained to them how to trade the s&p in the bond
675 market. Once in a while, if you want to be a deviant, you would trade
676
677 137
678 00:25:44,160 ~-~-> 00:25:56,220
679 currencies. Well, the person I was working with, had this affinity towards
680 wycoff, and didn't want to, you know, relinquishes his hold on it, he, he wanted
681
682 138
683 00:25:56,220 ~-~-> 00:26:06,600
684 to kind of take pieces of what I was doing, and form fit it and push it into
685 that idea in that theory. And it wasn't until like two or three weeks after our
686
687 139
688 00:26:07,020 ~-~-> 00:26:18,720
689 session together for the entire week, I revisited some of his issues. And then
690 right away, I had, like these epiphanies where I could see more about the things
691
692 140
693 00:26:18,720 ~-~-> 00:26:30,990
694 that I thought they were occurring in price wycoff has a really simplistic
695 approach to understanding the run up in the run down, okay, so this would be a
696
697 141
698 00:26:30,990 ~-~-> 00:26:40,050
699 markup and price. And this is a markdown in price. By far and large, it's too
700 simplified, you need to know a little bit more about what causes these
701
702 142
703 00:26:40,080 ~-~-> 00:26:47,250
704 fluctuations in price, because otherwise, it's going to be just like anything
705 else. The harmonic pattern that worked in hindsight, you know, the trendline,
706
707 143
708 00:26:47,280 ~-~-> 00:26:55,950
709 the perfect trendline that worked in hindsight, you know, the the ratio trade or
710 the Fibonacci move, or all these things, you're going to be able to see that in
711
712 144
713 00:26:55,950 ~-~-> 00:27:05,400
714 hindsight. Now, I'm not disparaging anybody studying hindsight, because that's
715 how I became inner circle trader, no one was doing mentorships. No one was
716
717 145
718 00:27:05,400 ~-~-> 00:27:16,080
719 teaching people one on one, no one was doing what you see a lot of educators
720 doing today. So you have a lot of advantages to you being a trader today,
721
722 146
723 00:27:16,080 ~-~-> 00:27:23,790
724 because you have a lot of resources, a lot of information and it's right at the
725 tip of your fingertips, you just reach out and take it off of it. And watch
726
727 147
728 00:27:23,790 ~-~-> 00:27:36,060
729 videos, watch seminars, be a part of webinars, all those things. But okay, but
730 simply because the availability is there does not mean that you should be
731
732 148
733 00:27:36,090 ~-~-> 00:27:48,420
734 consuming in mass quantities, a lot of the nonsense that's perpetuated as
735 insight or trade education. So I'm going to give you my spin on this, okay, and
736
737 149
738 00:27:48,420 ~-~-> 00:27:56,760
739 you decide whether or not it's any value. Okay, if it doesn't have any value, if
740 it doesn't resonate with you, then no, no big deal. You wasted probably about an
741
742 150
743 00:27:56,760 ~-~-> 00:28:05,580
744 hour with me, okay. But I think that if you investigate it a little bit and dig
745 into a little bit deeper, you'll see that you're going to find what you don't
746
747 151
748 00:28:05,580 ~-~-> 00:28:20,070
749 really know, you want to know right now, you will understand what it is that you
750 lack. And by having that well, epiphany of your own, you're going to be drawn in
751
752 152
753 00:28:20,430 ~-~-> 00:28:29,220
754 to learning more about it, and you can go into my free tutorials. And if it
755 doesn't satisfy your curiosity or your insatiable desire to know more than
756
757 153
758 00:28:29,220 ~-~-> 00:28:32,880
759 obviously consider my private mentorship. Okay, so
760
761 154
762 00:28:33,930 ~-~-> 00:28:42,030
763 take a look at the price action here. Okay, and what I want you to look at, if
764 we have consolidation here Yes, there was a run on stops below this Well, now
765
766 155
767 00:28:42,030 ~-~-> 00:28:49,440
768 again, mind you, this is a one minute chart the very timeframe that the
769 professionals and I'm doing this with quotations right now with my hands, the
770
771 156
772 00:28:49,440 ~-~-> 00:28:57,630
773 professionals will tell you there's only noise on these lower timeframes that no
774 one no one can do this consistently no one can know what's gonna happen in
775
776 157
777 00:28:57,630 ~-~-> 00:29:06,570
778 price, one one minute chart and anybody that tells you that they can is a con
779 man and a liar and run away from them. Okay, that's I'm giving you in fairness,
780
781 158
782 00:29:06,600 ~-~-> 00:29:13,770
783 the other side of the coin so if you subscribe to that you don't just turn the
784 video off now and there it is, you've done your you've done your your good deeds
785
786 159
787 00:29:13,800 ~-~-> 00:29:22,200
788 to protect yourself and save yourself from learning nonsense because then you'll
789 follow the herd. But for all you apex predators in the making out there if you
790
791 160
792 00:29:22,200 ~-~-> 00:29:30,510
793 want to stay tuned, this is what we're gonna cover. Now, the consolidation that
794 we have here we have a run on stops the sell sell the quiddity is taken here we
795
796 161
797 00:29:30,510 ~-~-> 00:29:40,830
798 have a small little run here comes back into the order block and then has a
799 displacement. This run here takes out by side liquidity leaving this level of by
800
801 162
802 00:29:40,830 ~-~-> 00:29:49,680
803 side liquidity and what is by side liquidity, just by stops the anyone that
804 would be interested in buying above on a breakout or using a stop loss to
805
806 163
807 00:29:49,680 ~-~-> 00:29:58,830
808 protect a short position. Okay, because if you have to use a buy stop to have
809 protection. It's the only form of protection we have, in terms of using a stop
810
811 164
812 00:29:58,830 ~-~-> 00:30:08,550
813 on a short would be a buy. Stop. Above some point of interest, or concern, that
814 would, in your mind, say the trade is probably not good. And you want to be out
815
816 165
817 00:30:08,550 ~-~-> 00:30:15,660
818 and limit your losses to whatever that level would be. The price comes back down
819 into trades, another order block, and I talked about this in the sniper series,
820
821 166
822 00:30:15,660 ~-~-> 00:30:29,760
823 if you don't want to know more about order blocks, then we have a nice run here,
824 this rally here, fall short of the big figure, big figures 123, even I have
825
826 167
827 00:30:29,760 ~-~-> 00:30:39,180
828 learned that there are times when prices run like this, they will and it's
829 commonly referred to as defending a level and it's not really defending a level,
830
831 168
832 00:30:39,180 ~-~-> 00:30:48,090
833 it's the algorithm building in sentiment. And I'll talk a little bit that about
834 that here. Now. I'm going to put some lipstick on the chart, okay. And that's
835
836 169
837 00:30:48,090 ~-~-> 00:30:57,450
838 some levels and some things, okay. But you're also going to see actual points of
839 entry and exiting. I'll get to that in later in the video. But for now, just I
840
841 170
842 00:30:57,450 ~-~-> 00:31:04,560
843 want you to concentrate on the levels I'm going to put on the chart. Okay, so
844 let's do that now. Alright, so here's we have the consolidation here. Now, this
845
846 171
847 00:31:04,560 ~-~-> 00:31:13,620
848 is what I deem as a market maker sell model. Okay? We have original
849 consolidation here. Notice, I'm not talking about the run over here, there.
850
851 172
852 00:31:13,650 ~-~-> 00:31:24,180
853 That's why cough, I don't care about that, because sometimes it won't have that
854 little run below, okay? I don't care about that. We have consolidation, we have
855
856 173
857 00:31:24,180 ~-~-> 00:31:38,130
858 displacement, initial run up, here's the big figure right here. 123. Price runs
859 up to it. And in my personal algorithm, my view is that this is a suspect rally.
860
861 174
862 00:31:38,430 ~-~-> 00:31:47,280
863 And they're gonna draw it back lower, because people will see that as a short
864 forming. And they're defending 123, which is exactly what I want to believe.
865
866 175
867 00:31:48,510 ~-~-> 00:31:56,490
868 Price as it ran up in here, I went short there. And I will show you the fills in
869 a moment. But just right now just understand the logic behind what I was doing.
870
871 176
872 00:31:57,900 ~-~-> 00:32:05,880
873 My expectation was it was going to drop down to here, back into the original
874 consolidation. And then I could be a buyer, I had a limit order waiting to go
875
876 177
877 00:32:05,880 ~-~-> 00:32:19,620
878 long there. And here is that Phil. And yes, you'll see all the data for this in
879 a moment, just for right now. Follow along. I want to sell short here, buy it
880
881 178
882 00:32:19,620 ~-~-> 00:32:34,950
883 back, and then go long, which is going on here runs up and in the exit is fear.
884 Okay, exiting along. Above the 123. Big figure. I also had a limit order to sell
885
886 179
887 00:32:34,950 ~-~-> 00:32:51,390
888 short, above the 123. Big figure. And that's occurring here. Okay, so 123, and
889 four and a half pips was my entry going short. And this area right in here, I
890
891 180
892 00:32:51,390 ~-~-> 00:32:55,980
893 teach this as the Smart Money reversal. This is
894
895 181
896 00:32:56,910 ~-~-> 00:33:09,870
897 a point of accumulation. Okay, so we have a consolidation a run up, I can work
898 in the high to the low to the high. And then we had a run lower, the Smart Money
899
900 182
901 00:33:09,870 ~-~-> 00:33:19,590
902 reversal has been confirmed with this breakdown. In this area over here. There's
903 things I like to look for for order blocks and such. And that's what these down
904
905 183
906 00:33:19,590 ~-~-> 00:33:29,670
907 close candles are, I expected anticipated a bounce here, we got it, it rallies
908 back up to the middle of these green candles take the range in the bodies, not
909
910 184
911 00:33:29,670 ~-~-> 00:33:37,950
912 the wicks because that's the part everybody gets tripped up in retail. The
913 largest volume is going to be encapsulated in the bodies of the candle. And it
914
915 185
916 00:33:37,950 ~-~-> 00:33:46,860
917 occurs still on a one minute chart. So please, please, please consider where you
918 get your information from. Because there's so much information out there that is
919
920 186
921 00:33:47,040 ~-~-> 00:33:55,050
922 just complete and utter nonsense. And it does not matter if they came from
923 Goldman Sachs. It does not matter if they came from XYZ bank. It does not
924
925 187
926 00:33:55,050 ~-~-> 00:34:02,520
927 matter. These people out there that say that stuff. They don't know what they're
928 talking about. And all they have to do is watch me on a weekly basis and I will
929
930 188
931 00:34:02,520 ~-~-> 00:34:12,810
932 rip their theories to shreds. So that's my only soapbox moment, I promise. So we
933 have this runoff in here that's a bearish order block about the midpoint of
934
935 189
936 00:34:12,810 ~-~-> 00:34:21,330
937 that. Okay, is what I teach is a mean threshold. It basically goes up the middle
938 of that as it was running up in there. That's when I sold short another portion.
939
940 190
941 00:34:21,420 ~-~-> 00:34:36,000
942 I was already short up here, right in here. I added more there and anticipated a
943 run below these equal lows. That's the market maker so model that's mine. That's
944
945 191
946 00:34:36,000 ~-~-> 00:34:47,280
947 not wycoff that's not anything else out there. Okay, it's mine. So my exits were
948 limit orders right here just below these equal lows. Now there's other things
949
950 192
951 00:34:47,280 ~-~-> 00:34:55,860
952 that I teach that tells you exactly where this low forms and where this low
953 forms, but because I'm doing it in public, it's not important. This is enough.
954
955 193
956 00:34:57,060 ~-~-> 00:35:06,030
957 Selling here buying it here selling it here selling more Have it here. And in
958 getting out here, folks, you just don't see these types of fills and exits and
959
960 194
961 00:35:06,030 ~-~-> 00:35:18,540
962 understanding and price action by anybody else out there. Simply put, no one
963 else is doing this done. How did I know about it? What were the things about
964
965 195
966 00:35:18,540 ~-~-> 00:35:29,130
967 this, that kind of like gave me the confidence to trade off of it. The lows that
968 were forming over here is 122 70. So 122 70, it was creating a dealing range low
969
970 196
971 00:35:29,400 ~-~-> 00:35:38,790
972 dealing ranges anywhere between two price points that are very clearly defined
973 as what would otherwise be referred to as a trading range. But the problem is,
974
975 197
976 00:35:38,820 ~-~-> 00:35:50,940
977 it's not a specific or static range. It's an evolving range. So we have the
978 initial range from this high to this low. I'm focusing on this here to here for
979
980 198
981 00:35:50,940 ~-~-> 00:36:03,150
982 the concept of the market maker, sell model. That's the fractal I'm envisioning
983 in price, it gave me the basis for the setups. Now, don't get mixed up thinking
984
985 199
986 00:36:03,150 ~-~-> 00:36:10,920
987 that this only works on a one minute chart, I want you to kind of broaden your
988 understanding and your and your perspective. And consider if this was a hourly
989
990 200
991 00:36:10,920 ~-~-> 00:36:23,310
992 chart, or if this was a daily chart, or four hour chart, or even a weekly chart,
993 Heck, even a monthly chart. This pattern still exists on all timeframes. What
994
995 201
996 00:36:23,310 ~-~-> 00:36:33,600
997 that does for you is it makes these points of entry and uncovering and buying
998 and getting out much more larger in magnitude and opportunity in terms of pips,
999
1000 202
1001 00:36:33,960 ~-~-> 00:36:47,100
1002 I don't care about long term, long term trading, if you I just don't have the
1003 personality that matches up for that. But I teach how to do these things on any
1004
1005 203
1006 00:36:47,100 ~-~-> 00:36:56,880
1007 timeframe. So you're not limited, you're not limited to scalping, which is what
1008 this is, for intraday trading with a 15 minute or 60 minute chart, or four hour
1009
1010 204
1011 00:36:56,880 ~-~-> 00:37:06,030
1012 chart for short term trading, or a daily chart for swing trading, or weekly
1013 chart for position long term trading. You're not limited. So everything I'm
1014
1015 205
1016 00:37:06,030 ~-~-> 00:37:15,780
1017 teaching here or illustrating really is a better term for it is that you can see
1018 what is likely to occur if you understand order flow.
1019
1020 206
1021 00:37:15,870 ~-~-> 00:37:16,380
1022 So
1023
1024 207
1025 00:37:17,579 ~-~-> 00:37:24,899
1026 we have 120 to 70 it consolidates from then we have a displacement, we have an
1027 initial run up. Now I know some of you are saying, Well, how do you know? or How
1028
1029 208
1030 00:37:24,899 ~-~-> 00:37:33,209
1031 did you know? It wasn't going to go through that 123 big figure. That part? I'm
1032 just going to have to keep to myself. And there's some of you already pissing
1033
1034 209
1035 00:37:33,209 ~-~-> 00:37:41,099
1036 and moaning Oh, man, I'll see you ain't teaching anything. That part of them not
1037 teaching, okay. But I want you to understand that there are certain measures
1038
1039 210
1040 00:37:41,159 ~-~-> 00:37:53,069
1041 that you can do in price action world at the time, and how fast it moves. And
1042 what characteristics are in play one price right now that you will pick up with
1043
1044 211
1045 00:37:53,099 ~-~-> 00:38:04,019
1046 a little bit of insight and in a lot of study. Okay, so trust me, no one taught
1047 me this. It was a matter of me digging into it. This part here buying it down
1048
1049 212
1050 00:38:04,019 ~-~-> 00:38:14,189
1051 here that is classic ICT that's classic return back to the original
1052 consolidation for re accumulation of Long's. So you buy it here, expands up and
1053
1054 213
1055 00:38:14,189 ~-~-> 00:38:24,599
1056 reaches this initial run here. In theory, I'm just gonna tell you here, this
1057 part of it, I knew that they were selling a narrative that they want price in a
1058
1059 214
1060 00:38:24,599 ~-~-> 00:38:32,999
1061 high around 123. Why did I believe that? Because yesterday, we had a really nice
1062 run in cable. And generally, there's gonna be some measure of retracement and
1063
1064 215
1065 00:38:32,999 ~-~-> 00:38:41,369
1066 they're gonna come back and run on the funds. So the funds liquidity are what's
1067 gonna really tap into now large trading funds and working off a one minute
1068
1069 216
1070 00:38:41,369 ~-~-> 00:38:48,929
1071 chart, I will grant you that some of your just chickenhead Oh, they don't
1072 venture. I never really said that. But I already know what you're thinking. So
1073
1074 217
1075 00:38:49,829 ~-~-> 00:39:00,119
1076 if we know that they're going to likely run to 123. And they have a real quick
1077 run like this. Usually it's going to be in two stages. You have the
1078
1079 218
1080 00:39:00,119 ~-~-> 00:39:06,719
1081 consolidation and runs up initially. Then you have the retracement. Wait, I'm
1082 going to sell short here just to prove that I know what I'm doing. And then
1083
1084 219
1085 00:39:06,719 ~-~-> 00:39:16,049
1086 buying it back on a limit down here with the expectation of running 123 big
1087 figure. I knew 123 is high probability and also knew he was a really, really
1088
1089 220
1090 00:39:16,049 ~-~-> 00:39:24,119
1091 high probability because of the high that they left here. People are going to
1092 see that spike up and they see that wick and all of a sudden they go out there,
1093
1094 221
1095 00:39:24,149 ~-~-> 00:39:31,439
1096 Steve Nielsen, book, candlesticks, and all going else and they think that it's
1097 too high. And they're going to be going short in here. With your stop loss above
1098
1099 222
1100 00:39:31,439 ~-~-> 00:39:41,999
1101 this initial high. That point of liquidity creates a pocket of willing buyers.
1102 Well that's exactly what I want to tap into because I'm bought down here. So I'm
1103
1104 223
1105 00:39:41,999 ~-~-> 00:39:52,319
1106 going to have a ability to give my long way to somebody that will likely wants
1107 to buy it at a higher price. So those buy stocks that they sold short here
1108
1109 224
1110 00:39:52,379 ~-~-> 00:40:00,299
1111 they're protected by stock is a mechanism to protect them from a larger loss.
1112 They think if this high is taken out, they're wrong to their plan. They're
1113
1114 225
1115 00:40:00,329 ~-~-> 00:40:12,089
1116 willful order to buy the market covering their short position. This is the
1117 premise to reading the tape. It builds a narrative understanding what's going on
1118
1119 226
1120 00:40:12,089 ~-~-> 00:40:20,249
1121 who's at play who, who's in the market right now, who stands to lose money and
1122 who's making money right now, that's always the questions that's going through
1123
1124 227
1125 00:40:20,249 ~-~-> 00:40:35,759
1126 my mind all the time, as I'm watching price. I sold to those buy stuffs, and
1127 then I also sold short. To those buy stuffs, I used this pool of liquidity above
1128
1129 228
1130 00:40:35,759 ~-~-> 00:40:47,069
1131 this high above the big finger on both sides of the coin. I use it to exit my
1132 long and then I went short on limit. As price broke this swing low here, that's
1133
1134 229
1135 00:40:47,069 ~-~-> 00:40:59,129
1136 a break in market structure, I teach that this initial rally here, that's your
1137 low risk. So what makes it a low risk. So the narrative is already in play. They
1138
1139 230
1140 00:40:59,129 ~-~-> 00:41:08,279
1141 ran the stops here, consolidation, everybody now that's long has their stop
1142 below these equal lows. That's what I'm going to target next. From my initial
1143
1144 231
1145 00:41:08,279 ~-~-> 00:41:11,639
1146 short, and in my low risk entry for selling short.
1147
1148 232
1149 00:41:13,260 ~-~-> 00:41:22,620
1150 You can see my entry here. And then the exit point is right at these equal lows
1151 simply because anything else down here teaches mentorship level. But all the
1152
1153 233
1154 00:41:22,620 ~-~-> 00:41:33,270
1155 things I just taught here is basically all free level content. Now, there's
1156 other levels in here that I have not commented on. And that is the 122 80 and
1157
1158 234
1159 00:41:33,270 ~-~-> 00:41:42,720
1160 then 122 90 level. Whenever we have a level that's round number, like 123, you
1161 commonly hear referred to as a psychological level. And there's really nothing
1162
1163 235
1164 00:41:42,720 ~-~-> 00:41:53,580
1165 psychological about it. It's a matter of layered liquidity. Okay, so what I mean
1166 by that, there's orders like I just told you, I tapped into exiting and entering
1167
1168 236
1169 00:41:53,580 ~-~-> 00:42:05,850
1170 one, because big figure 123 is the level that most people want to trade at. But
1171 larger traders like to work their orders just beyond that big figure because of
1172
1173 237
1174 00:42:05,850 ~-~-> 00:42:16,530
1175 what I just explained over here. And working with the liquidity and the
1176 narrative that's built around this particular fractal in GBP USD. So selling
1177
1178 238
1179 00:42:16,530 ~-~-> 00:42:27,120
1180 above 123, big figure, that would have been a specific setup that I teach,
1181 that's trading the big figure. Having a low resistance liquidity run, which is
1182
1183 239
1184 00:42:27,120 ~-~-> 00:42:35,130
1185 what I teach in month one of my mentorship. That is the basis of hitting the
1186 ground running as a trader, if you have no understanding of how to find
1187
1188 240
1189 00:42:35,130 ~-~-> 00:42:45,480
1190 consistency in trading, my first month in mentorship, that content will
1191 absolutely put you in a position where you'll see setups all the time. There's
1192
1193 241
1194 00:42:45,510 ~-~-> 00:42:51,960
1195 they're everywhere every single day. That's why I have a kind of like a
1196 trademark expression that's used on my Twitter feed all the time, which is every
1197
1198 242
1199 00:42:51,960 ~-~-> 00:43:03,000
1200 week, every day, and it won't stop. That's our trademark, that's our mentorship,
1201 you know, motto. I can find liquidity every single timeframe, every single
1202
1203 243
1204 00:43:03,000 ~-~-> 00:43:12,390
1205 trading day in every single market or asset class. It's the same thing
1206 everywhere. It's not a it's a secret sauce only works in forex, it's not. I've
1207
1208 244
1209 00:43:12,390 ~-~-> 00:43:21,030
1210 done this stuff in bonds, I did this in the s&p 500. I traded in futures
1211 markets, currency markets, the corn market, pork bellies, when they used to
1212
1213 245
1214 00:43:21,030 ~-~-> 00:43:30,840
1215 trade I did all these same things in those markets. Okay, so don't think that
1216 I'm just a one trick pony, or these concepts only apply to forex, because they
1217
1218 246
1219 00:43:30,870 ~-~-> 00:43:42,330
1220 don't, they're completely universal. So by having this view on price, I know
1221 that the 120 to 80 level is going to be orders down there. Why? Because that's
1222
1223 247
1224 00:43:42,330 ~-~-> 00:43:57,270
1225 an institutional price level that large traders, large bank traders and order
1226 flow will reside around that at level 123 20, which doesn't exist here could be
1227
1228 248
1229 00:43:57,270 ~-~-> 00:44:05,850
1230 the next run, they go above if they take these highs out here, that will be the
1231 level that would be reasonable to anticipate as a upside draw on liquidity,
1232
1233 249
1234 00:44:06,180 ~-~-> 00:44:18,750
1235 because this pool of liquidity has been already purged. What resides now is the
1236 non existent price delivery at the moment of this recording of 123 20. And I'm
1237
1238 250
1239 00:44:18,750 ~-~-> 00:44:35,100
1240 just going to put this in here from odonates. Sadly, I have it for study too. I
1241 do this as well. I teach my students to take screen captures and preserve
1242
1243 251
1244 00:44:35,130 ~-~-> 00:44:48,120
1245 moments before and I'm doing that now. That's in my clipboard. So haven't might
1246 need it when I post it later on to my notes for later on. Alright, so we have
1247
1248 252
1249 00:44:48,180 ~-~-> 00:44:58,440
1250 below these equal lows. We have sell side liquidity and what is that at sell
1251 stops. Okay, so we have a pool of liquidity that's been built up with a willing
1252
1253 253
1254 00:44:58,440 ~-~-> 00:45:09,570
1255 participants Wanting to sell at lower prices when price was up here, below these
1256 levels, there's someone that's long. So that collective group, which I don't
1257
1258 254
1259 00:45:09,570 ~-~-> 00:45:18,090
1260 care to know who they are, I didn't know that there are people long. They did
1261 not cause the buying pressure. Okay. Okay, this is all repricing. This is
1262
1263 255
1264 00:45:18,090 ~-~-> 00:45:31,320
1265 algorithmic, this occurs because the price delivery from the central bank is
1266 always constantly moving up and down, up and down. And the algorithm works on a
1267
1268 256
1269 00:45:31,320 ~-~-> 00:45:44,220
1270 time basis. Okay, time and price. Where has it been in recent time? Well, it's
1271 been here. So once it's moved away, and it creates this run in price begins to
1272
1273 257
1274 00:45:44,220 ~-~-> 00:45:55,200
1275 spool out creates pours price action in here, it will want to come back and
1276 rebalance that at logical levels. And then reprice higher to attack the highs
1277
1278 258
1279 00:45:55,200 ~-~-> 00:46:06,420
1280 above here, the algorithm that does not really see your stop, okay? Now my say
1281 the markets run your stop. It's autonomous. It's not completely
1282
1283 259
1284 00:46:07,739 ~-~-> 00:46:17,819
1285 what it used to be, where manually, people would literally say, Okay, this is
1286 where the next price is going to be at. Right now. It's algorithmically in in
1287
1288 260
1289 00:46:17,819 ~-~-> 00:46:26,549
1290 prices delivered that way, manually, any time, the central banks can come in and
1291 reprice and do whatever they want to do, because it's their commodity prices,
1292
1293 261
1294 00:46:26,549 ~-~-> 00:46:35,669
1295 their product, they have control over it, you can argue about that all you want,
1296 this market is too big to be manipulated all that stuff, that garbage that's you
1297
1298 262
1299 00:46:35,699 ~-~-> 00:46:45,719
1300 promoted in this industry, it's nonsense. Because if anything like that was
1301 true, I wouldn't be this precise. And it wouldn't be week after week, day after
1302
1303 263
1304 00:46:45,719 ~-~-> 00:46:56,399
1305 day example, after example, this type of precision, you don't get this unless
1306 you understand how prices are delivered from an algorithmic stance. From up
1307
1308 264
1309 00:46:56,399 ~-~-> 00:47:10,079
1310 here, and here, I'm targeting willing participants that want to sell to GBP USD,
1311 at that low price. Now, when they bought long in here, they're not thinking I
1312
1313 265
1314 00:47:10,079 ~-~-> 00:47:19,949
1315 would love to sell GBP USD down here. That's not what they want. They don't want
1316 to do that. It's just a protective mechanism, their stop loss. But the market
1317
1318 266
1319 00:47:19,949 ~-~-> 00:47:29,009
1320 efficiency paradigm, which is what I teach as a collective, what price is up
1321 here, I'm not thinking it's going to keep going higher, I'm not looking at this
1322
1323 267
1324 00:47:29,009 ~-~-> 00:47:40,199
1325 as some kind of early stage of a 123, or some kind of a measured move, I'm not
1326 looking at any of that stuff, I'm looking at the liquidity that resides or
1327
1328 268
1329 00:47:40,199 ~-~-> 00:47:50,849
1330 resided above 123. And I seen this over here and said, Okay, this is a no
1331 brainer, I'm gonna sell short here and here and attack that liquidity right
1332
1333 269
1334 00:47:50,849 ~-~-> 00:48:00,989
1335 here. Because it's obvious. It's equal lows. I teach this, candidly, publicly on
1336 Twitter, every single day, something is making these equal highs and equal lows.
1337
1338 270
1339 00:48:01,259 ~-~-> 00:48:11,609
1340 And I attack that I don't look at this as a buy, because it's a double bottom, I
1341 look at that as this is fresh meat. This is a victim waiting to bleed out. Now
1342
1343 271
1344 00:48:11,609 ~-~-> 00:48:21,059
1345 that may be a little graphic, it may be a little, maybe a little concerning for
1346 some of the sensitive folks. But I view the market with a predator mindset. I
1347
1348 272
1349 00:48:21,059 ~-~-> 00:48:28,889
1350 don't care about your feelings. And I don't care if you're upset if you lose
1351 your money. And the other side of that trade. That's this business. And if
1352
1353 273
1354 00:48:28,889 ~-~-> 00:48:36,059
1355 you're not prepared for that, you're in the wrong industry, you got to get out
1356 of here, because it's going to eat your lunch, it's going to hurt your feelings,
1357
1358 274
1359 00:48:36,149 ~-~-> 00:48:42,449
1360 it's going to dash your hopes, it's going to be hard, you're going to struggle,
1361 and it's going to feel like you're never getting it unless you learn from
1362
1363 275
1364 00:48:42,449 ~-~-> 00:48:52,139
1365 someone that knows what they're doing. Between these equal lows and the level
1366 123. There are specific price levels, and we round them to the nearest 10th
1367
1368 276
1369 00:48:52,139 ~-~-> 00:49:03,509
1370 level. And that's 2280 and 2290. The reasons why just as we mentioned here, the
1371 liquidity that would rescue me between these blows, right below was 122 70. And
1372
1373 277
1374 00:49:03,509 ~-~-> 00:49:16,289
1375 in 123, you have 1.2 90, which they will have orders in there as well. And you
1376 can see the order flow around that price level 2018. Same thing, really nice by
1377
1378 278
1379 00:49:16,319 ~-~-> 00:49:33,089
1380 keying off of that. You see my feels and then run above the liquidity for 123. I
1381 saw liquidity. The expansion that took place here, it's creeping lower creeping
1382
1383 279
1384 00:49:33,089 ~-~-> 00:49:44,669
1385 lower creeping lower this type of formation where it's elongated and spread out
1386 over time. This is only because it's on such a short timeframe one minute, the
1387
1388 280
1389 00:49:44,669 ~-~-> 00:49:55,409
1390 larger the timeframe, the more I guess compressed these, these moments like
1391 this, this in this that's generally what you would see one more level of all
1392
1393 281
1394 00:49:55,409 ~-~-> 00:50:10,229
1395 this elongated controlling price between The high here and the low in here. All
1396 of this would be really, in maybe, maybe three or four or five candles, not so
1397
1398 282
1399 00:50:10,229 ~-~-> 00:50:21,209
1400 many candles here. Okay, so the only thing that would subscribe to in view of
1401 orderflow only one minute chart is because of the element of time being one
1402
1403 283
1404 00:50:21,209 ~-~-> 00:50:34,289
1405 minute. It only thing it does is it distorts, if you will, the measure of amount
1406 of time, it stays in the fractal. So what I mean by that is how much time did it
1407
1408 284
1409 00:50:34,289 ~-~-> 00:50:41,099
1410 stay in this little consolidation before it expanded up, how much time to spend
1411 in its consolidation on paper before broke down, how much time you spend in this
1412
1413 285
1414 00:50:41,099 ~-~-> 00:50:51,209
1415 consolidation before we broke down. When you're in a lower lower timeframes,
1416 like five minute, one minute, the part that builds the next move before it
1417
1418 286
1419 00:50:51,209 ~-~-> 00:50:58,529
1420 expands higher or lower, whether you're losing the market maker, buy or sell
1421 model, this is again, so much what makes it a sell model is they can they
1422
1423 287
1424 00:50:58,529 ~-~-> 00:51:02,879
1425 consolidate price, they hold their to allow sentiment to build
1426
1427 288
1428 00:51:04,469 ~-~-> 00:51:13,949
1429 breakout artists, breakout artists, so they reward the buyers here. So that way
1430 they can put their stop loss down here that builds in or engineers liquidity. So
1431
1432 289
1433 00:51:13,949 ~-~-> 00:51:21,299
1434 when they run up to that 123 big figure, smart money and people like myself that
1435 are waiting for that to go short, we know that this is the move it's going to be
1436
1437 290
1438 00:51:21,299 ~-~-> 00:51:31,199
1439 running on this is the area of liquidity that this run will tap into at a later
1440 time, the measure of time will be again skewed on a lower one minute chart
1441
1442 291
1443 00:51:31,199 ~-~-> 00:51:41,609
1444 because of it's a one minute chart, price is not moving because of one minute or
1445 five minutes, 15 minutes, 60 minute, 30 minute, three minute 62nd tick chart, it
1446
1447 292
1448 00:51:41,609 ~-~-> 00:51:52,859
1449 has nothing to do with it. It's just giving you a visual representation of where
1450 it's at right now in respect to what has traded in the past. Okay, so when we
1451
1452 293
1453 00:51:52,859 ~-~-> 00:52:01,529
1454 have an understanding of order flow and how we understand open float, and we
1455 understand what the narrative is, and what they're building, why should they
1456
1457 294
1458 00:52:01,529 ~-~-> 00:52:10,919
1459 take price to certain levels? And what did they leave intact? That's this, okay.
1460 When you understand that you're not caught off guard, you're not surprised
1461
1462 295
1463 00:52:10,919 ~-~-> 00:52:22,979
1464 you're not confused. You're, you're focused, you know exactly what you're
1465 looking for. You're not trying to chase price, nothing in here is chasing price
1466
1467 296
1468 00:52:22,979 ~-~-> 00:52:33,599
1469 this is, this is exactly what a trader wants to know. Okay, I want to first step
1470 down on the scenes with baby pips calm. I went to that forum in 2010. And just
1471
1472 297
1473 00:52:33,599 ~-~-> 00:52:43,439
1474 said, Look, I know what you're looking for. I know, I know exactly what you as a
1475 developing trader want to know. And I know the things that you don't even know
1476
1477 298
1478 00:52:43,439 ~-~-> 00:52:56,099
1479 you want to know yet. That's how far ahead of the curve I am. Now, it's not I'm
1480 not here to, I'm not here to beat my chest. I'm just here to be the other side
1481
1482 299
1483 00:52:56,099 ~-~-> 00:53:04,559
1484 of the coin. When these folks that are supposed to professionals, get out there
1485 and post videos on YouTube and say that lower timeframes are just noise and
1486
1487 300
1488 00:53:04,559 ~-~-> 00:53:12,869
1489 anyone that tells you they can time the market when these lower timeframes as a
1490 con man, they're a liar and run away. Okay, let's look at the actual Phil's
1491
1492 301
1493 00:53:12,869 ~-~-> 00:53:24,029
1494 here. Right? This is the part that everybody likes to worry about here. Okay.
1495 And I did this today because it's on YouTube. And I'm satisfying the little itch
1496
1497 302
1498 00:53:24,029 ~-~-> 00:53:32,999
1499 that these guys usually the younger guys, like the 20 year old or so, they like
1500 to see these numbers here. And these, this is the least important. Okay, this is
1501
1502 303
1503 00:53:32,999 ~-~-> 00:53:45,599
1504 the least important. I want you to focus on the prices, okay, these prices, and
1505 how we move from these price points up here. Okay, from here,
1506
1507 304
1508 00:53:48,450 ~-~-> 00:53:49,110
1509 to here.
1510
1511 305
1512 00:53:50,460 ~-~-> 00:54:08,820
1513 And from here. And here. And here. Okay. So it's not, it's not meant to say Look
1514 how smart I am. And look how much money I'm making. Because I've illustrated
1515
1516 306
1517 00:54:08,820 ~-~-> 00:54:18,060
1518 this with a demo account. I'm very clear about this as an educator, because in
1519 the United States, we have governing bodies that are very, very motivated to
1520
1521 307
1522 00:54:18,060 ~-~-> 00:54:30,360
1523 protect people from scam artists from Ponzi schemes and from people that would
1524 otherwise hurt you. My intentions are not to hurt you. I want you to be
1525
1526 308
1527 00:54:30,360 ~-~-> 00:54:40,410
1528 stimulated to learn more about this. And it doesn't really necessarily mean that
1529 you join my mentorship because joining the mentorship cost money, you have to
1530
1531 309
1532 00:54:40,410 ~-~-> 00:54:52,830
1533 pay $155 for 12 months, and then you pay $150 conversion fee. And that's it. It
1534 doesn't happen anymore. You don't pay anymore. I had to raise the money or
1535
1536 310
1537 00:54:52,830 ~-~-> 00:55:00,480
1538 charge for it. But because PayPal has increased after three years working with
1539 them. They're the only payment processor that I use. So it's you Can't do
1540
1541 311
1542 00:55:00,480 ~-~-> 00:55:12,420
1543 PayPal, you can't be part of my mentorship, and I apologize. But it's just the
1544 way it is I'm sorry. So once you are in the mentorship, and you pay your 12
1545
1546 312
1547 00:55:12,420 ~-~-> 00:55:22,560
1548 months, and you pay your charter conversion fee, that means you're done paying,
1549 but you have access to everything that you paid for. and ongoing education, and
1550
1551 313
1552 00:55:22,560 ~-~-> 00:55:30,930
1553 you're part of the community, I am not a for life membership, you don't keep
1554 paying me forever, just to be a part of the group. But you do have to pay for
1555
1556 314
1557 00:55:30,930 ~-~-> 00:55:39,990
1558 your seat. Your seat is the charter seat charter is continued learning without
1559 having to pay for it. I have people that joined in 2016, their charter members,
1560
1561 315
1562 00:55:40,140 ~-~-> 00:55:49,440
1563 they have not paid me a dime, since they paid for the conversion fee and charter
1564 membership has done it. That's just that's what you're paying for you're paying
1565
1566 316
1567 00:55:49,650 ~-~-> 00:56:01,110
1568 to be part of my community. And I talk about what the markets are going to most
1569 likely do outline things that will possibly unfold. And I'll leave it up to you
1570
1571 317
1572 00:56:01,110 ~-~-> 00:56:10,830
1573 to decide I have a lot of people that are in my mentorship, a lot of people. And
1574 they will tell you in the comments that I'm lying, if I tell you that we are in
1575
1576 318
1577 00:56:10,830 ~-~-> 00:56:22,020
1578 a 90% bracket in terms of our long term analysis, and the suggested outlines
1579 that would price should move. I do this on an hourly chart and on a 15 minute
1580
1581 319
1582 00:56:22,020 ~-~-> 00:56:29,760
1583 chart and on a daily chart, you're looking at me doing it on a one minute chart.
1584 The problem with this is going to be some of you that have been in this industry
1585
1586 320
1587 00:56:29,760 ~-~-> 00:56:43,560
1588 for a while know that the scams that associate themselves with using. I just had
1589 a guy mention it on on Twitter. And I don't know if I'm using a strategy tester
1590
1591 321
1592 00:56:43,830 ~-~-> 00:56:53,910
1593 or something to effect these moves. Okay, or done on a one minute chart. But
1594 it's the same thing that I do an outline on a 15 minute chart, an hourly chart,
1595
1596 322
1597 00:56:53,970 ~-~-> 00:57:02,760
1598 and on a daily chart, and I only do two videos per week. I do it on Wednesday,
1599 and on Friday. And when you're doing that level of higher timeframe analysis and
1600
1601 323
1602 00:57:02,760 ~-~-> 00:57:13,350
1603 it still unfolds to the PIP. There's no back testing strategy tester that I
1604 can't do that, that you're talking about time travel now. Okay. All I did by
1605
1606 324
1607 00:57:13,350 ~-~-> 00:57:24,900
1608 using the one minute chart here is answer rather is to answer it in a very
1609 convincing fashion, I believe that there's really not noise on this timeframe,
1610
1611 325
1612 00:57:24,930 ~-~-> 00:57:35,460
1613 it's the same thing price is going to be the same on all timeframes. Like when
1614 you're looking at price action, and it's saying that it's offering price at
1615
1616 326
1617 00:57:35,460 ~-~-> 00:57:45,390
1618 122 93. Okay, everyone's chart platform is going to be really close to that
1619 122 93, there's going to be slightly different variants, because of brokers,
1620
1621 327
1622 00:57:45,450 ~-~-> 00:57:58,470
1623 offering spreads, and spreads are going to vary across brokers. This price
1624 delivery, it doesn't make a difference. It does not make a difference, what
1625
1626 328
1627 00:57:58,530 ~-~-> 00:58:09,390
1628 timeframe you're using, because prices price, if you look at price, going your
1629 own. Okay. And this is what this is one of the paradigm shifts that took place
1630
1631 329
1632 00:58:09,390 ~-~-> 00:58:18,390
1633 for me, because I was always trying to seek the best timeframe, which is the
1634 timeframe that banks are using right now. That was my initial question I put in
1635
1636 330
1637 00:58:18,390 ~-~-> 00:58:26,040
1638 my trading journals back in the 90s. Because I wanted to know what timeframe
1639 they were using, because if I could use that timeframe, shoot, I would have it
1640
1641 331
1642 00:58:26,040 ~-~-> 00:58:33,750
1643 all figured out then because I knew how I'm doing the bull flags and the trend
1644 lines and the head and shoulders. All that stuff. That doesn't work. Okay, my
1645
1646 332
1647 00:58:33,750 ~-~-> 00:58:35,460
1648 view back then was, you know, it's
1649
1650 333
1651 00:58:35,459 ~-~-> 00:58:42,749
1652 the timeframe. That's got to be it. That's the timeframe. The banks. I was every
1653 week, I was changing my mind about what was the right thing, the secret sauce.
1654
1655 334
1656 00:58:43,859 ~-~-> 00:58:55,379
1657 And its liquidity. That's the thing that's outside of your chart that makes this
1658 whole thing work. It's where the money is, okay? Where are the orders? Because
1659
1660 335
1661 00:58:55,379 ~-~-> 00:59:06,059
1662 if you understand that, you won't be tripped up by any of these goober patterns,
1663 okay, that people break books and sell courses about that has no basis for why
1664
1665 336
1666 00:59:06,059 ~-~-> 00:59:17,129
1667 price is going up and down has nothing to do with why prices moving. But it
1668 sells books. It feels Mehmed our seats and workshops on the weekend. Everybody
1669
1670 337
1671 00:59:17,159 ~-~-> 00:59:29,459
1672 dog piles in that kind of stuff, because they think they're getting something of
1673 value. And they're just getting one more gimmick that doesn't hold water. So
1674
1675 338
1676 00:59:30,869 ~-~-> 00:59:45,599
1677 what did you learn here today? Well, probably not a whole lot. But this is just
1678 to instigate a moment in time for you to decide whether or not there's any
1679
1680 339
1681 00:59:45,599 ~-~-> 00:59:56,309
1682 validity to the things I talked about. years, hundreds of hours of videos that
1683 are available in free format. It doesn't cost you any money to see if I'm full
1684
1685 340
1686 00:59:56,309 ~-~-> 01:00:04,949
1687 of crap or not. Just because I'm doing this And I wasn't telling you before it
1688 happened because I do not give signal services. I do not tell people in the
1689
1690 341
1691 01:00:04,949 ~-~-> 01:00:12,779
1692 mentorship. We're going to buy here we're going to sell here, I tell them where
1693 the markets going to go. In my course material, I teach how to pull out the
1694
1695 342
1696 01:00:12,779 ~-~-> 01:00:25,889
1697 system, the signal that setup the pattern, the take profit, where the stock goes
1698 all that is in the teachings. I play spotter, you're the sniper, I point, you
1699
1700 343
1701 01:00:25,889 ~-~-> 01:00:33,899
1702 shoot, you learn that way. You don't learn by me saying, All right, I'm buying
1703 here, Everybody put your stock round, put my stuff, right, put your take profit,
1704
1705 344
1706 01:00:33,899 ~-~-> 01:00:42,959
1707 right, that that's not mentorship. That's not what I do. That's not what I do at
1708 all, on Wednesday, and midweek, let me say it that way, at the end of the week,
1709
1710 345
1711 01:00:43,199 ~-~-> 01:00:52,079
1712 okay, usually on a Friday or Saturday, I do a weekly review. And I talk about
1713 what we saw transpire in paying out or what's left in the marketplace to still
1714
1715 346
1716 01:00:52,079 ~-~-> 01:01:00,389
1717 likely pan out. Or I will tell you, I need more information. And I'm waiting for
1718 Monday's trading. And then I'll update the group if there's something that is of
1719
1720 347
1721 01:01:00,389 ~-~-> 01:01:10,919
1722 importance. Otherwise, on Wednesday, midweek, I do our midweek review. And again
1723 I talk about what has happened. And then I outline what reasons are in play for
1724
1725 348
1726 01:01:10,919 ~-~-> 01:01:17,909
1727 the market to behave a certain way and trade up to a specific level or down to a
1728 specific level. And what conditions would be there to negate either one of those
1729
1730 349
1731 01:01:17,909 ~-~-> 01:01:26,609
1732 things, I do not go in there and say, Here's scenario a, okay? And if it does
1733 this, I'm gonna look smart. And I don't say here's scenario B. And if it works
1734
1735 350
1736 01:01:26,609 ~-~-> 01:01:39,239
1737 out like that, I'm smart, I tell you exactly what side of the the market I'm
1738 favoring. And, again, if I'm lying, my mentorship group is welcome in the
1739
1740 351
1741 01:01:39,239 ~-~-> 01:01:49,439
1742 comment section to say, I'm exaggerating that I'm lying, that I'm
1743 misrepresenting, they are welcome to do so. But if I'm not lying, and you don't
1744
1745 352
1746 01:01:49,439 ~-~-> 01:01:58,439
1747 see a flood of people, and I'm not gonna be deleting comments in the comment
1748 section, from people that are saying that their mentorship level, because if
1749
1750 353
1751 01:01:58,439 ~-~-> 01:02:06,839
1752 they come in and say their mentorship level, and they say I'm embellishing on
1753 the truth here, the other members will come in and say that they're lying, okay,
1754
1755 354
1756 01:02:06,839 ~-~-> 01:02:14,489
1757 so I'm not going to be deleting anything. So nonetheless, you don't have to like
1758 me as a person. Okay, I've never been here to try to be everyone's friend, I
1759
1760 355
1761 01:02:14,489 ~-~-> 01:02:26,579
1762 came out just to answer all of the bull that is on baby pips back then. And
1763 still to this day, the things that you are fed as a steady diet in learning how
1764
1765 356
1766 01:02:26,579 ~-~-> 01:02:44,009
1767 to trade, how to invest, how to make money, what things work in the marketplace,
1768 I'm telling you 99.99999% of it is bull, it will lose money, you will lose money
1769
1770 357
1771 01:02:44,339 ~-~-> 01:02:52,979
1772 in the time that you do when you're going to falsely attribute it to skill or
1773 your system. And it had nothing to do with it. Nothing to do with it prices
1774
1775 358
1776 01:02:52,979 ~-~-> 01:03:01,019
1777 doing what it does, from an algorithmic standpoint, and it's pre-determined,
1778 it's all buy time and price. And I don't care. If you don't believe me, I don't
1779
1780 359
1781 01:03:01,019 ~-~-> 01:03:11,099
1782 care. I make a living at this, okay, I predict this stuff every single week,
1783 every single week, and I show examples of it every single week on Twitter, and
1784
1785 360
1786 01:03:11,099 ~-~-> 01:03:17,999
1787 it costs you nothing, but it's simple look at it. And here it is. Most of my
1788 videos are 45 seconds long. And it's done.
1789
1790 361
1791 01:03:18,299 ~-~-> 01:03:28,589
1792 My rants, they could be a little bit long. But the things I tweet are generally
1793 answers to emails. Okay, so I don't have a whole lot of time. And most of my
1794
1795 362
1796 01:03:28,589 ~-~-> 01:03:37,499
1797 responses, if I do respond by email is very short, much like a tweet. Okay, very
1798 short to the point. I try not to have long, lengthy conversations, like some of
1799
1800 363
1801 01:03:37,499 ~-~-> 01:03:46,799
1802 the rather we do with you an email, I just don't have the luxury of time. And
1803 most of the time when I'm tweeting, out and about. And I'm doing that while I'm
1804
1805 364
1806 01:03:46,799 ~-~-> 01:03:56,789
1807 doing other things. So I'm not sitting home, in my basement, okay, in the dark.
1808 With the Marvel character posters around me and popcorn kernels on the floor,
1809
1810 365
1811 01:03:56,789 ~-~-> 01:04:06,629
1812 and potato chips all broken up in my lap. I'm literally doing other things, I'm
1813 walking somewhere, I'm out and about waiting for my lunch to be served to me or
1814
1815 366
1816 01:04:06,629 ~-~-> 01:04:17,249
1817 I'm going out to dinner and I'm waiting for that. I'm doing other things when
1818 I'm doing it. So just know that there are things that you're going to learn with
1819
1820 367
1821 01:04:17,249 ~-~-> 01:04:29,069
1822 me, that's going to be unsettling. Because I'm going to ruffle your feathers and
1823 really challenge your tried and trued love of a certain style of a certain
1824
1825 368
1826 01:04:29,069 ~-~-> 01:04:37,979
1827 mentor, a certain approach to trading. I'm going to upset that. And I'm telling
1828 you, I'm going to do it ahead of time and I'm telling you also i'm not
1829
1830 369
1831 01:04:37,979 ~-~-> 01:04:50,849
1832 apologizing for it. Because if I could go back in time, I want to know the
1833 things I tell you all. I would love to have been told and shown example after
1834
1835 370
1836 01:04:50,849 ~-~-> 01:04:59,999
1837 example from someone that knows how to do this. That would have saved me
1838 fortunes. It would have saved me peace of mind. It would have saved me money.
1839
1840 371
1841 01:04:59,999 ~-~-> 01:05:10,979
1842 relationships, able to save me my health. Those are the problems that you're
1843 going to get. If you don't listen, if you just want to go through this world and
1844
1845 372
1846 01:05:11,429 ~-~-> 01:05:20,969
1847 invest in feel like you're smart, and you figured it all out, well be my guest.
1848 There's people that make money and not trade, but I do. I'm not oblivious to
1849
1850 373
1851 01:05:20,969 ~-~-> 01:05:32,249
1852 that I know that occurs. But if we were sitting in a one on one, and compare and
1853 contrast notes and experiences, I can tell you that I don't feel any of those
1854
1855 374
1856 01:05:32,249 ~-~-> 01:05:43,199
1857 things that you're going to tell me you feel, I don't have any of those
1858 adversities, I don't have any of the confusion, I don't have any of the doubts.
1859
1860 375
1861 01:05:43,829 ~-~-> 01:05:54,149
1862 I don't have any of that stuff. I know exactly what I'm doing, when I'm going to
1863 do it, and why I know what I can do in price action. And I also know, when
1864
1865 376
1866 01:05:54,149 ~-~-> 01:06:07,919
1867 there's times in the marketplace, I'm just really not interested in most people,
1868 most people don't have that level of confidence, which is very, very frequently
1869
1870 377
1871 01:06:08,549 ~-~-> 01:06:18,419
1872 viewed as arrogance. And it's not arrogance, it's just confidence. And once you
1873 learn how to do it effectively, yourself, you will know what it means to be this
1874
1875 378
1876 01:06:18,419 ~-~-> 01:06:28,709
1877 confident. It's not arrogance, it's not pomp, it's literally knowing what you're
1878 doing. Are you a pompous, arrogant person, because you know how to do your job
1879
1880 379
1881 01:06:28,709 ~-~-> 01:06:35,939
1882 and you go to every day, when people come in to visit, they see you doing a job?
1883 Are you arrogant? Because you're doing it right? And you understand why you're
1884
1885 380
1886 01:06:35,939 ~-~-> 01:06:45,359
1887 doing everything you're doing? No, of course not. You're versed, you are
1888 initiated, you know what you're doing. Outwardly people that watch me and he
1889
1890 381
1891 01:06:45,359 ~-~-> 01:06:55,259
1892 listened to me, they you know, either I'm going to be loved by you, or I'm going
1893 to be like fingernails on a chalkboard, it's going to be just irritating. I'm
1894
1895 382
1896 01:06:55,259 ~-~-> 01:07:04,589
1897 okay with either one of them. Because it doesn't take away from me, I still do
1898 what I'm going to do. And there's nothing changing it. I know any given day of
1899
1900 383
1901 01:07:04,589 ~-~-> 01:07:12,749
1902 the week, I can go in and do what I'm doing here. Every single day, I just don't
1903 have the time to do it every single day because I'm doing every other thing that
1904
1905 384
1906 01:07:12,749 ~-~-> 01:07:24,539
1907 makes me a father, a husband, a brother, a friend, and mentor, and I'm running
1908 businesses. So I do all these things when time is allowing me to do so there's a
1909
1910 385
1911 01:07:24,539 ~-~-> 01:07:32,429
1912 lot of things you're gonna read about me on internet, if you listen and do a lot
1913 of research. Some will say that I can't trade. Some will say that I back out of
1914
1915 386
1916 01:07:32,699 ~-~-> 01:07:42,179
1917 trading contest. Some will say I blew accounts, all that stuff was when I was
1918 trolling and trying to be fun, and just not taking myself serious. In recent
1919
1920 387
1921 01:07:42,209 ~-~-> 01:07:52,259
1922 months, last 19 months, I have been all business on social media and showing
1923 exactly what I've always been able to do. And I had I have to do that because
1924
1925 388
1926 01:07:52,319 ~-~-> 01:08:02,189
1927 I'm running a business. Before that, you know, I could be taken as a comic
1928 online, okay. And don't be taking me serious on it. Like I had fun.
1929
1930 389
1931 01:08:03,329 ~-~-> 01:08:11,669
1932 But I want you to really, if you're going to take the time, balance everything.
1933 Don't just take someone's opinion about me. dig into it yourself. And you see,
1934
1935 390
1936 01:08:12,419 ~-~-> 01:08:20,549
1937 because I promise you, you will learn things that no one will teach you anywhere
1938 else. I'll talk to you next time. wish good luck in your trading.