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Version 1.1 by Drunk Monkey on 2020-11-20 17:06
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3 ICT: Hi, folks, welcome back. This is gonna be a little
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7 discussion on tickets to volume and price delivery. And it
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11 provides me an X ray perspective to future price swings.
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15 I'm going to talk a little bit about interbank order flow
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19 and price delivery. But the focus of this lesson is the
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23 contrast between retail support resistance, trend following
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27 that type of thing that everyone unfortunately gets
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31 indoctrinated in this industry through books, educators and
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35 courses and such. And I kind of like want to open your eyes
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39 to something else that is more pure Then those ideas, okay?
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43 It's going to challenge a little bit of your thinking and
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47 your treasured ideas. And I'm going into this as a friend,
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51 okay, I'm trying to just open your eyes to something that is
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55 existing in price that you may not be aware of. And you'll
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59 see there's a strong contrast between what I'm showing you
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63 here, versus other ideas and theories that are permeating in
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67 the industry. We'll talk a little bit how I track interbank
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71 smart money. I'm going to show you an example of a market
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75 maker so model, and I prompted you on the community tab to
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79 study a fractal on price action. That was a five minute
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83 chart. And we'll break that down into greater detail. But
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87 I'm going to show you some things today in this discussion
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91 that are highly precise. Now when I say these things, I'll
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95 put it in video. Many times, the cynics will say, well, it's
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99 all hindsight. And I'm going to remind all of my students,
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103 okay? If I am not telling the truth, if everything I'm
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107 saying in this video is not what I outlined before the fact
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111 you have my permission to thumbs down this video, all of
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115 you, okay, and that will be allowed resounding evidence that
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119 what I'm saying is untrue. All right. So there will be a lot
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123 left out of the discussion, because I'm really not trying to
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127 teach mentorship. But I'm going to pull the veil back a
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131 little bit today and show you some of the things that my
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135 private group sees. And we outlined in advance, okay, so
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139 there's, there's price swings that occur every single
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143 quarter and what I mean by that every three to four months,
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147 there's a particular price swing that will open up one
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151 direction or another. And my focus as an educator as a
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155 mentor is to teach my students how to forecast those price
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159 moves. So that in essence is what mentorship is. Okay? Just
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163 because you may have a friend that gave you a video or two
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167 or more of my mentorship teachings, that's not the same as I
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171 did ipts mentorship because my mentorship is ongoing. And
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175 it's nowhere near complete. Nowhere near 100% taught on any
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179 of the concepts, they're all just introduced. So it's a
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183 language we all use. Now I have created a language so my
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187 students can understand what I'm pointing to certain things
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191 in price action that you can't find some where else in a
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195 retail book and as you'll see today, I'm going to make
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199 public Okay, I mean, by making it available through my
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203 YouTube Now it otherwise it was in my mentorship and only
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207 taught back in 1996. If you were a one on one student with
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211 me, that cost you $20,000 not just to learn just one
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215 concept, but how to interpret future price moves, and having
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219 engaged in those price moves. Well, over time, since 1996, I
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223 have refined a lot of things about how price action works
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227 with my trading, and how I engage price. So I look for
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231 specific things in price that are highly specific, and
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235 precision oriented. So that there's buzzwords get used a lot
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239 now, you know, like smart money and precision and sniper
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243 this is these are all things that I've used over the last 20
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247 some years and I just want to get to the heart of the
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251 teachings and try not to use all these themes and such. So I
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255 just want to be me. Okay, and hope This lesson this
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259 conversation, if you will, will broaden your understanding.
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263 Okay, and also open your mind to the possibility that even
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267 if you are a profitable trader right now, and I'm sure
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271 there's lots of you in my audience, there are things that
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275 are occurring in price action that you probably aren't aware
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279 of. And I'm going to try to show you some of them today. And
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283 I promise it's unrivaled in precision. So let's go to the
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287 charts and I'll outline what I was hinting at on my
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291 community tab.
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295 Okay, so we're looking at the Dollar Index and right away
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299 you should know now that five minute fractal is the dollar
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303 index five minute chart from the 31st of August 2020. Now
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307 before we even get into that discussion, I want to add some
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311 more value to this video because I was going to just talk
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315 about how that five minute fractal is a market maker. So
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319 model but as I started thinking about it earlier today. I
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323 was like, you know what I'm gonna teach a little bit more
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327 and provide a little bit more value and show you the
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331 contrast to what is in my free tutorials versus how I teach
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335 in my mentorship. Now, right away the guys in here and gals
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339 that are turned off immediately when there's a sales pitch,
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343 vibe going, nothing forces you to buy my mentorship. Like
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347 there's only going to be January, enrollment coming up. If
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351 you don't want to join, that's fine. But I'm still going to
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355 give you this lesson, and it just costs you the time to sit
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359 in front of the video. So, again, I'm not twisting anyone's
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363 arm. I'm not promising you and pulling the rug out from
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367 underneath you last minute I'm just sharing something that I
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371 think that would at least pique your curiosity. Okay, and
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375 before I get into it as a reminder My students that are in
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379 my mentorship, if I am embellishing if I'm saying that this
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383 is what we did and and I really didn't call these moves,
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387 then you are 100% invited to thumbs down this video because
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391 I keep the comments closed. I'm not going to babysit the the
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395 comment section of my YouTube video, so just I'm not going
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399 to do it. There's so many people out there hating because
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403 they can't keep up. They want to just try to discredit me as
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407 much as they can. And I've made blanket statements before
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411 and I put our thousand dollars out now it's a bounty. If you
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415 can find everything I'm teaching prior to 1996 in writing or
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419 an in video anywhere you get $100,000 and I'll do a live
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423 stream giving it to you. I'll go wherever you are and give
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427 it to you. So I'm absolutely comfortable knowing that no one
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431 has this information, but me. Now that sounds ridiculous. I
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435 know it sounds apps salutely ridiculous. But I can say that
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439 because now after 27 years, no one has ever come close to
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443 what I'm revealing. It doesn't exist. The reason why I was
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447 approached by two gentlemen that aren't traitors, but they
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451 opened my eyes to help prices delivered. And it's 100%
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455 diametrically opposed to what we as traders are taught to
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459 trust to believe, okay. And we're told to believe in supply
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463 and demand, support and resistance, higher highs, higher
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467 lows, you know, all those things, and they give us these
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471 tools. But they're really hindrances and blinders, but we
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475 call them indicators indicating where you're going to think
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479 like a retail trader. Now think about that for a moment when
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483 you apply an indicator to your chart. You In your belief
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487 system, regardless of whatever discipline of trade theology,
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491 you use, the tools that you're applying to your chart, you
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495 believe that they are giving you some foresight, some
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499 prognostication. I believe that stuff too. Okay. When I sat
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503 down in 1992, I believed wholeheartedly that RSI was the
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507 secret recipe to success in divergence on that indicator
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511 plotted on a 14 period. And then it didn't work. So then I
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515 went to a 20 period stochastics and then it failed. Then I
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519 went to 10 periods stochastics because if it was faster
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523 reaction, that's the real secret.
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527 I was clueless. Okay, so I'm going to tell you that if you
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531 just investigate some of these ideas, okay. Spend some time
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535 in your charts and I think you'll be pleasantly surprised.
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539 Now you're not going to hit it, like I'm outlining here, but
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543 I'm on record back in June. And for my mentorship students,
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547 you can go back to June 10 2020. That video, we outline a
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551 very specific level that I'm going to talk about here. And
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555 then all subsequent videos after that and commentaries was
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559 leading to where we traded to today in dollar. Okay, and if
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563 I'm not telling you the truth, you're going to see 10s of
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567 thousands of thumbs down on this video. Okay, and that will
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571 be your indication, you don't need to have a person go on my
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575 commentary section, it'll be evident in the thumbs down
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579 rating on this video. Now I always get like, a dozen or so
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583 thumbs down because guys just like to do it. But in this
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587 video, if you see thousands and thousands of thumbs down,
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591 that means that my mentorship students that can see this
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595 video because it's public too. They're telling you that what
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599 I'm saying in this video is absolutely false, and that I'm
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603 lying and I'm a fraud. That's how you determine that. Okay,
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607 now I don't have 10,000 or so. I don't have thousands of
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611 YouTube channels, okay? I don't. And I certainly don't have
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615 the time to sit down and hurry up and create them and then
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619 thumbs down the button. Okay, so obviously, you can see
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623 where I'm going with this. I'm being facetious here. I'm
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627 saying this without having to go actually into the the video
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631 because I was going to do that I was going to go to the
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635 video, but where I start talking about it, I'm actually
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639 talking about other things that I don't really want made
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643 public, okay? Because it's meant it's meant for the students
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647 in the mentorship. But even with those things withheld,
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651 you're going to get something from this lesson. So I want
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655 you to, if you're doing other things, and you're distracted,
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659 come back to this video later, when you can devote more of
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663 your attention to it and not be distracted. Otherwise,
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667 you're really not going to get the point I'm trying to come
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671 across with Alright, so As I mentioned, every three to four
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675 months, there's a quarterly shift. That's how I teach it in
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679 the markets. Now, it's not just forex. And what I'm going to
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683 cover today and discuss really isn't limited to forex
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687 either. It's the markets in general. So the markets will
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691 always seek yield to always be moving up and down gyrating.
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695 But if you break down the market, any market you're looking
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699 at, and you look at how the price swings occur every three
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703 to four months, there's a significant price swing, it may
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707 swing higher, or it may swing lower. My job as a mentor is
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711 to point in the direction that these moves are going to
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715 occur and where they're likely to go to. Now, understand
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719 this. This is not a signal service. Okay, I give all the
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723 tools on how to get in and engage. I specifically point to
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727 levels that should react with the tools. But I do not sit
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731 down and say, by here, put your stop here and take your
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735 target off here. I don't do that I'm not licensed to do
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739 that. And if you have aspirations to join my mentorship, I
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742 00:13:17,579 ~-~-> 00:13:20,219
743 want you to understand that that is exactly
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747 what we do. I point I outline where the market is going to
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750 00:13:23,520 ~-~-> 00:13:28,560
751 go. And then you use the tools that I taught in core content
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754 00:13:28,800 ~-~-> 00:13:32,340
755 and ongoing commentaries that I do on Wednesday on Friday.
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758 00:13:33,150 ~-~-> 00:13:38,460
759 Those are the procedures that my students follow. Now, most
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762 00:13:38,460 ~-~-> 00:13:41,820
763 people don't have the discipline to do that, because they
764
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766 00:13:41,820 ~-~-> 00:13:45,900
767 want a recipe handed to them. ABC 123 do this all the time.
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770 00:13:45,900 ~-~-> 00:13:49,740
771 And this is how it's going to work. That doesn't work in the
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775 market. So because there's so many different variables, you
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778 00:13:53,370 ~-~-> 00:13:56,430
779 have to be able to decipher what price is likely to do and
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782 00:13:56,430 ~-~-> 00:14:01,140
783 the first thing you start with is a bias. Where is it likely
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786 00:14:01,140 ~-~-> 00:14:04,650
787 to go higher or lower? I want to talk a little bit about
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790 00:14:04,650 ~-~-> 00:14:07,410
791 that today. And I'm also going to talk about quarterly
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794 00:14:07,620 ~-~-> 00:14:11,910
795 shifts where we have a little bit more magnitude of a price
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798 00:14:11,910 ~-~-> 00:14:15,300
799 move. Okay, cuz you've seen if you've been through my
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802 00:14:15,360 ~-~-> 00:14:19,620
803 YouTube video, or video library on this channel, I have
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806 00:14:20,070 ~-~-> 00:14:22,290
807 various videos where you can see me entering, exiting,
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810 00:14:22,290 ~-~-> 00:14:25,230
811 managing live trades, reversing, buying long, going short,
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814 00:14:25,230 ~-~-> 00:14:28,410
815 the same day, back and forth. Everything that you're seeing
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818 00:14:28,410 ~-~-> 00:14:33,570
819 me do in those one minute charts, is very similar to what
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822 00:14:33,570 ~-~-> 00:14:37,470
823 I'm showing you here. It just takes a whole lot more time
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826 00:14:37,500 ~-~-> 00:14:41,340
827 for these to pan out. And I don't have a lot of patience.
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830 00:14:41,640 ~-~-> 00:14:46,950
831 I'm easily distracted. And I'm at now I'm not as patient as
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834 00:14:46,950 ~-~-> 00:14:50,040
835 I may come across as a mentor, which is the reason why I
836
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838 00:14:50,130 ~-~-> 00:14:53,400
839 specialize in day trading and short term trading. You know,
840
841 211
842 00:14:53,400 ~-~-> 00:14:57,270
843 a three day four day hold for me is sometimes agonizing,
844
845 212
846 00:14:57,540 ~-~-> 00:15:01,560
847 because I don't want to be overnight. Holding a lot of risk,
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850 00:15:02,220 ~-~-> 00:15:05,010
851 I understand the daily range enough that I can get in and
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854 00:15:05,010 ~-~-> 00:15:07,830
855 work that daily range and be out and sleep well and not
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857 215
858 00:15:07,830 ~-~-> 00:15:10,050
859 worry about if it's going to reverse and run hard against
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862 00:15:10,050 ~-~-> 00:15:13,800
863 me. Now, you might be thinking, Oh, well, if you're so good,
864
865 217
866 00:15:13,830 ~-~-> 00:15:16,530
867 why are you worried about that? Well, because when I trade,
868
869 218
870 00:15:16,530 ~-~-> 00:15:19,680
871 I'm not trading with 10 cents per Pip, I'm not trading with
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873 219
874 00:15:19,710 ~-~-> 00:15:22,380
875 $1 per PIP or $2 per Pip, even though I give those examples
876
877 220
878 00:15:22,380 ~-~-> 00:15:26,550
879 to show you, in real terms, how you can relate to it,
880
881 221
882 00:15:26,550 ~-~-> 00:15:28,530
883 because if I go in here, and I'm trading with 500, or
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885 222
886 00:15:28,530 ~-~-> 00:15:32,250
887 thousand dollars per Pip, who can relate to that, especially
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889 223
890 00:15:32,250 ~-~-> 00:15:34,950
891 if you're a new student, it looks like I'm showing off,
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893 224
894 00:15:35,220 ~-~-> 00:15:37,800
895 you're probably not going to believe me anyway. So to keep
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897 225
898 00:15:37,800 ~-~-> 00:15:43,170
899 things very germane and easy to work with in conversation. I
900
901 226
902 00:15:43,170 ~-~-> 00:15:48,420
903 use examples now that are very low leverage. Also trying not
904
905 227
906 00:15:48,420 ~-~-> 00:15:51,420
907 to entice people to try to run as fast as they can to
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909 228
910 00:15:51,450 ~-~-> 00:15:56,820
911 ridiculous leverage. So when we look at these examples of
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913 229
914 00:15:56,820 ~-~-> 00:16:01,530
915 price movement every three to four months That is a large
916
917 230
918 00:16:01,530 ~-~-> 00:16:06,390
919 magnitude price move that's as bad as long as my vision,
920
921 231
922 00:16:06,480 ~-~-> 00:16:11,100
923 okay, or perception on price action limits me like I don't,
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925 232
926 00:16:11,310 ~-~-> 00:16:15,900
927 I don't see, like five years ahead. I don't see a whole year
928
929 233
930 00:16:15,900 ~-~-> 00:16:22,320
931 ahead. I'm usually about two to three months visibility. And
932
933 234
934 00:16:22,320 ~-~-> 00:16:25,500
935 it's not 100% but I have a really good track record and
936
937 235
938 00:16:25,500 ~-~-> 00:16:29,580
939 everyone that is in my mentorship, they see it unfold every
940
941 236
942 00:16:29,580 ~-~-> 00:16:33,210
943 single week, I'm calling specific things. And it's a
944
945 237
946 00:16:33,210 ~-~-> 00:16:37,680
947 different kind of ICT on YouTube and on social media. I have
948
949 238
950 00:16:38,160 ~-~-> 00:16:40,560
951 carried on a lot, okay, because it's been like
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953 239
954 00:16:40,560 ~-~-> 00:16:45,120
955 entertainment. I'm trying to move away from that and try to
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957 240
958 00:16:45,120 ~-~-> 00:16:51,450
959 be as beneficial to everyone versus the folks that just get
960
961 241
962 00:16:51,450 ~-~-> 00:16:56,100
963 the inside jokes that I'm always making. So anyway, I want
964
965 242
966 00:16:56,100 ~-~-> 00:17:00,510
967 you to look at the June highs. Okay, in the dollar. And
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969 243
970 00:17:00,510 ~-~-> 00:17:05,400
971 that's right in here. Okay. And I want you to think, what
972
973 244
974 00:17:05,610 ~-~-> 00:17:10,740
975 ideas would lend well, to this creating a selling
976
977 245
978 00:17:10,740 ~-~-> 00:17:15,720
979 opportunity in retail thought, okay, I want you to stop the
980
981 246
982 00:17:15,720 ~-~-> 00:17:18,900
983 video and give it some consideration. And then when you've
984
985 247
986 00:17:18,900 ~-~-> 00:17:22,830
987 exhausted all possible ways of determining that that is a
988
989 248
990 00:17:22,950 ~-~-> 00:17:27,150
991 shorting opportunity. Then press play and I'll go into
992
993 249
994 00:17:27,150 ~-~-> 00:17:32,610
995 annotations and discussion further on. You didn't pause the
996
997 250
998 00:17:32,610 ~-~-> 00:17:36,990
999 video Did you? See you're cheating yourself? But uh, well,
1000
1001 251
1002 00:17:37,440 ~-~-> 00:17:39,780
1003 Alright, so now obviously, we know that support and
1004
1005 252
1006 00:17:39,780 ~-~-> 00:17:43,800
1007 resistance, all those ideas. The only thing that I would
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1009 253
1010 00:17:43,830 ~-~-> 00:17:48,150
1011 believe off the top of my head folks would look at would be
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1013 254
1014 00:17:48,150 ~-~-> 00:17:52,860
1015 a Bear Flag. Okay, you see this long decline and then
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1017 255
1018 00:17:52,860 ~-~-> 00:17:56,280
1019 consolidation but everything is going slightly higher. This
1020
1021 256
1022 00:17:56,280 ~-~-> 00:17:59,010
1023 is your flag portion and then when it breaks down, it'll
1024
1025 257
1026 00:17:59,010 ~-~-> 00:18:03,150
1027 usually repeat these same leg in terms of price range from
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1029 258
1030 00:18:03,150 ~-~-> 00:18:07,530
1031 this low up to this high once it breaks this, and then
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1033 259
1034 00:18:07,590 ~-~-> 00:18:11,610
1035 basically we did about that. Okay? Now,
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1037 260
1038 00:18:12,419 ~-~-> 00:18:15,479
1039 I don't know about you, but I've traded a lot of bear flags
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1041 261
1042 00:18:15,479 ~-~-> 00:18:18,509
1043 and bull Flags Over the last 27 years. And I can tell you,
1044
1045 262
1046 00:18:18,779 ~-~-> 00:18:24,329
1047 I've lost more trading those things than I've won. What?
1048
1049 263
1050 00:18:24,539 ~-~-> 00:18:28,289
1051 Yeah, but here's the thing, I can go back and write books
1052
1053 264
1054 00:18:28,439 ~-~-> 00:18:31,319
1055 and make courses about the times where it worked. And if you
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1057 265
1058 00:18:31,319 ~-~-> 00:18:33,479
1059 bought the course or read the book, you would walk away
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1061 266
1062 00:18:33,479 ~-~-> 00:18:36,329
1063 thinking that that was the secret recipe to trading,
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1065 267
1066 00:18:36,629 ~-~-> 00:18:39,029
1067 continuation patterns, Bull flags, that's all you need.
1068
1069 268
1070 00:18:41,669 ~-~-> 00:18:47,369
1071 Listen, if there's a proper context, then that stuff will
1072
1073 269
1074 00:18:47,369 ~-~-> 00:18:50,819
1075 work. I've mentioned in other videos where if you understand
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1077 270
1078 00:18:50,819 ~-~-> 00:18:55,199
1079 the logic of how price is delivered, okay? What I mean by
1080
1081 271
1082 00:18:55,199 ~-~-> 00:18:58,649
1083 that the markets going to go where it's going to go
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1085 272
1086 00:18:58,649 ~-~-> 00:19:01,919
1087 regardless of what you believe. What your system or theology
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1089 273
1090 00:19:01,949 ~-~-> 00:19:04,409
1091 says about price, it's going to go where it's going to go
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1093 274
1094 00:19:04,409 ~-~-> 00:19:06,599
1095 because it's pre determined. It's absolutely controlled.
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1098 00:19:06,599 ~-~-> 00:19:11,399
1099 It's rigged. The whole system's rigged, period. Now, you may
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1101 276
1102 00:19:11,399 ~-~-> 00:19:14,459
1103 have people from Goldman Sachs, you may have people from JP
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1106 00:19:14,459 ~-~-> 00:19:18,869
1107 Morgan, Merrill Lynch, XYZ trading, Prop, firm, whatever.
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1109 278
1110 00:19:19,349 ~-~-> 00:19:23,039
1111 They're all going to tell you that. Largely, that's not
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1113 279
1114 00:19:23,039 ~-~-> 00:19:29,519
1115 true. When they themselves are indoctrinated in the school
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1117 280
1118 00:19:29,519 ~-~-> 00:19:32,459
1119 of thought, where they work. They're told this is what
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1122 00:19:32,459 ~-~-> 00:19:35,399
1123 happens. This is what you do. It's probability. It's
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1126 00:19:35,399 ~-~-> 00:19:39,629
1127 statistical. It's this. It's that. No, it's rigged. It's
1128
1129 283
1130 00:19:39,629 ~-~-> 00:19:43,409
1131 absolutely rigged. These markets gonna go where it's going
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1133 284
1134 00:19:43,409 ~-~-> 00:19:47,639
1135 to go because it's programmed to do so. Okay, when I was
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1138 00:19:47,639 ~-~-> 00:19:51,869
1139 going through school, I wanted to be a systems analyst. I
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1141 286
1142 00:19:51,869 ~-~-> 00:19:55,049
1143 had to learn programming to understand how to communicate to
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1145 287
1146 00:19:55,049 ~-~-> 00:20:00,509
1147 the programmers how a system should be programmed by My
1148
1149 288
1150 00:20:00,899 ~-~-> 00:20:04,709
1151 outline from my documentation stage, all the things that I
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1153 289
1154 00:20:04,709 ~-~-> 00:20:10,619
1155 needed the system or program to do, whether it be a payroll
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1157 290
1158 00:20:10,619 ~-~-> 00:20:15,179
1159 system for a company's employment payment, whatever it is
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1162 00:20:15,179 ~-~-> 00:20:20,249
1163 that I was looking to be hired to do, I had to have a way of
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1166 00:20:20,249 ~-~-> 00:20:24,029
1167 breaking that down into a manner. So I can speak to the
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1170 00:20:24,029 ~-~-> 00:20:26,819
1171 programmers and say, Hey, this is what I need you to do. I
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1173 294
1174 00:20:26,819 ~-~-> 00:20:29,129
1175 need you to this, this, this, this this and it has to answer
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1177 295
1178 00:20:29,129 ~-~-> 00:20:32,549
1179 this problem, this problem and this problem. And then when
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1181 296
1182 00:20:32,549 ~-~-> 00:20:35,969
1183 they present it to me, then I have to resolve whether or not
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1185 297
1186 00:20:35,969 ~-~-> 00:20:40,169
1187 this is going to fit the client's expectations. That's what
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1189 298
1190 00:20:40,169 ~-~-> 00:20:43,259
1191 I was going to school for. That's what I went through my
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1193 299
1194 00:20:43,259 ~-~-> 00:20:46,229
1195 education in computer science specializing in Information
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1198 00:20:46,229 ~-~-> 00:20:52,379
1199 Systems and mathematics. So I am highly technical coming
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1202 00:20:52,379 ~-~-> 00:20:59,099
1203 from that field. So when I looked at price, I knew that if
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1205 302
1206 00:20:59,099 ~-~-> 00:21:02,219
1207 everything I was doing was based on these books and these
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1209 303
1210 00:21:02,219 ~-~-> 00:21:06,599
1211 indicators, and it wasn't working. The money that was
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1214 00:21:06,599 ~-~-> 00:21:10,199
1215 leaving my account was going into someone else's account. So
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1217 305
1218 00:21:10,229 ~-~-> 00:21:14,789
1219 what are they doing? That I'm not doing? And when I started,
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1221 306
1222 00:21:15,149 ~-~-> 00:21:18,629
1223 reverse engineering, everything that leads to retail
1224
1225 307
1226 00:21:18,629 ~-~-> 00:21:24,299
1227 theology. I started seeing things in price. And when I met
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1229 308
1230 00:21:24,299 ~-~-> 00:21:31,259
1231 two gentlemen, in the early 90s, they opened my eyes to how
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1233 309
1234 00:21:31,589 ~-~-> 00:21:38,639
1235 price is delivered. And it's basically a self fulfilling
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1237 310
1238 00:21:38,639 ~-~-> 00:21:44,369
1239 prophecy. We look at these wiggles and waggles on our
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1241 311
1242 00:21:44,369 ~-~-> 00:21:48,569
1243 charts. And we attribute that thing that we're looking at,
1244
1245 312
1246 00:21:48,659 ~-~-> 00:21:51,209
1247 as Oh, it's one of our secret patterns is something
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1249 313
1250 00:21:51,209 ~-~-> 00:21:54,659
1251 harmonic. It's an order block. It's a supply and demand
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1253 314
1254 00:21:54,659 ~-~-> 00:21:56,879
1255 zone. It's a support resistance level, you get what I'm
1256
1257 315
1258 00:21:56,879 ~-~-> 00:21:59,819
1259 saying? Everyone has these little things that they like to
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1261 316
1262 00:21:59,999 ~-~-> 00:22:02,939
1263 classify as the reason why the markets going to do what it's
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1266 00:22:02,939 ~-~-> 00:22:05,489
1267 going to do or why most likely in the past has done it.
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1269 318
1270 00:22:05,669 ~-~-> 00:22:11,129
1271 Because hindsight usually is what everyone uses. And I get
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1273 319
1274 00:22:11,129 ~-~-> 00:22:14,039
1275 this. When I talk about what I'm going to show you here,
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1277 320
1278 00:22:14,069 ~-~-> 00:22:19,379
1279 it's going to sound all hindsight, but I'm on record. Okay,
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1281 321
1282 00:22:19,379 ~-~-> 00:22:23,159
1283 and a lot of you plan on joining in January and you are
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1285 322
1286 00:22:23,189 ~-~-> 00:22:27,179
1287 absolutely Welcome to make a YouTube video in response to
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1289 323
1290 00:22:27,179 ~-~-> 00:22:31,289
1291 this video and say, ICT You are a liar. You did not say that
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1293 324
1294 00:22:31,289 ~-~-> 00:22:34,439
1295 that market was a a bearish environment where it was gonna
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1297 325
1298 00:22:34,439 ~-~-> 00:22:40,739
1299 go down to where we're seeing trade today. Okay, so if I can
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1302 00:22:40,739 ~-~-> 00:22:43,229
1303 just capture your attention cuz I probably already bored
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1305 327
1306 00:22:43,229 ~-~-> 00:22:45,749
1307 some of you I'm talking too much I know. But
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1310 00:22:47,100 ~-~-> 00:22:50,310
1311 I want you to appreciate what I'm showing you today. Because
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1314 00:22:50,310 ~-~-> 00:22:53,430
1315 if I just sit down say this, this this this and it's a seven
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1317 330
1318 00:22:53,430 ~-~-> 00:22:55,920
1319 minute video, you're going to be like okay, big deal. That
1320
1321 331
1322 00:22:55,920 ~-~-> 00:22:59,340
1323 didn't teach me anything. But I want you to contrast what
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1325 332
1326 00:22:59,340 ~-~-> 00:23:04,560
1327 you as a Developing students or trader are dealing with
1328
1329 333
1330 00:23:04,560 ~-~-> 00:23:08,820
1331 internally because you can probably give me a dozen times
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1333 334
1334 00:23:08,820 ~-~-> 00:23:13,590
1335 where your things are working for you. But if you're honest,
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1337 335
1338 00:23:14,310 ~-~-> 00:23:17,130
1339 there's more times that it isn't working for you. And you
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1341 336
1342 00:23:17,130 ~-~-> 00:23:20,640
1343 attribute that as well as long as I'm doing a three to one
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1345 337
1346 00:23:20,640 ~-~-> 00:23:24,480
1347 four to one five to 110 to one are multiple on my setups. It
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1349 338
1350 00:23:24,480 ~-~-> 00:23:28,230
1351 doesn't matter how accurate and I guess in a way, you're
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1353 339
1354 00:23:28,230 ~-~-> 00:23:31,860
1355 right, in that sense, but why would you want to trade in
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1357 340
1358 00:23:31,860 ~-~-> 00:23:38,550
1359 those environments and still accept low hit rates. I don't
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1361 341
1362 00:23:38,550 ~-~-> 00:23:42,810
1363 like low hit rates. I want to know that I am in the know
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1365 342
1366 00:23:44,430 ~-~-> 00:23:50,790
1367 that means I'm in I'm engaging price, when it's so likely to
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1369 343
1370 00:23:50,790 ~-~-> 00:23:53,460
1371 go where I wanted to go the direction I wanted to see it
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1373 344
1374 00:23:53,460 ~-~-> 00:23:58,140
1375 trade in and reach a level that I've already outlined. Now,
1376
1377 345
1378 00:23:58,200 ~-~-> 00:24:01,380
1379 that sounds like the obvious everyone's doing that, but
1380
1381 346
1382 00:24:02,250 ~-~-> 00:24:05,310
1383 everyone isn't doing this level precision that I'm going to
1384
1385 347
1386 00:24:05,310 ~-~-> 00:24:09,570
1387 show you. So with that said, apart from Bear Flag, there's
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1389 348
1390 00:24:09,570 ~-~-> 00:24:12,690
1391 really nothing in here. Because if you say, Okay, well, oh,
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1393 349
1394 00:24:12,690 ~-~-> 00:24:15,960
1395 it's this level right here. Okay, well, why this level and
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1397 350
1398 00:24:15,960 ~-~-> 00:24:21,690
1399 not that one? And why not this level? Or this one? Why did
1400
1401 351
1402 00:24:21,690 ~-~-> 00:24:25,140
1403 it go here and turn around and go lower? Why to do that?
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1406 00:24:27,180 ~-~-> 00:24:31,230
1407 June 10 of 2020. I outline I didn't just teach it June 10 of
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1409 353
1410 00:24:31,230 ~-~-> 00:24:33,810
1411 2020. This is actually one of the concepts that I teach in
1412
1413 354
1414 00:24:33,810 ~-~-> 00:24:37,920
1415 my mentorship group. And it's called a volume imbalance.
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1417 355
1418 00:24:39,270 ~-~-> 00:24:43,200
1419 Sounds cool. Yeah, it's not in your books either. But what
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1421 356
1422 00:24:43,200 ~-~-> 00:24:48,180
1423 this is, I'm going to zoom in. Alright, me scrunch it up a
1424
1425 357
1426 00:24:48,180 ~-~-> 00:24:53,310
1427 little bit, as you can see what I'm referring to. Right.
1428
1429 358
1430 00:24:54,360 ~-~-> 00:24:59,160
1431 Right in here, you see this candle right there. And then the
1432
1433 359
1434 00:24:59,160 ~-~-> 00:25:02,460
1435 next candle right there if you were to look at the
1436
1437 360
1438 00:25:02,460 ~-~-> 00:25:06,660
1439 difference between this candles close, okay, the closing
1440
1441 361
1442 00:25:06,660 ~-~-> 00:25:18,360
1443 price is 9768 and this candles open at 9757 okay? That is
1444
1445 362
1446 00:25:18,360 ~-~-> 00:25:24,750
1447 what I teach is a volume imbalance. Now, what does that
1448
1449 363
1450 00:25:24,750 ~-~-> 00:25:29,760
1451 mean? What it is, is there's a segment in price that when
1452
1453 364
1454 00:25:29,760 ~-~-> 00:25:35,760
1455 the algorithm delivers sell side comm referring to this as a
1456
1457 365
1458 00:25:36,990 ~-~-> 00:25:41,760
1459 sell side, volume and balance. So it's basically saying
1460
1461 366
1462 00:25:42,690 ~-~-> 00:25:46,080
1463 we're below it and it should come back up into it. Alright,
1464
1465 367
1466 00:25:46,110 ~-~-> 00:25:52,650
1467 now when we look at a gap in price, usually there is no wick
1468
1469 368
1470 00:25:52,680 ~-~-> 00:25:55,650
1471 nobody cross over. There's a segment in price action where
1472
1473 369
1474 00:25:55,650 ~-~-> 00:26:01,290
1475 there's simply no trading. None everyone One that's familiar
1476
1477 370
1478 00:26:01,290 ~-~-> 00:26:04,980
1479 with technical analysis is familiar generally with a common
1480
1481 371
1482 00:26:05,010 ~-~-> 00:26:11,760
1483 gap. This you can see the candles low crosses over and into
1484
1485 372
1486 00:26:11,760 ~-~-> 00:26:14,880
1487 the body of this candle. When this candle opens, it opens
1488
1489 373
1490 00:26:14,880 ~-~-> 00:26:18,690
1491 here. So there's a difference between its open on this and
1492
1493 374
1494 00:26:18,690 ~-~-> 00:26:23,940
1495 close here. There's a small little wick above this candle. I
1496
1497 375
1498 00:26:23,940 ~-~-> 00:26:28,980
1499 guess if I zoom in a little bit more. There we go. So we
1500
1501 376
1502 00:26:28,980 ~-~-> 00:26:38,730
1503 have this candles close this candles open, that little
1504
1505 377
1506 00:26:38,730 ~-~-> 00:26:42,180
1507 segment of price action right in there. These things have
1508
1509 378
1510 00:26:42,180 ~-~-> 00:26:47,880
1511 existed on your price charts forever. And no one has ever
1512
1513 379
1514 00:26:47,880 ~-~-> 00:26:51,780
1515 wrote about it. Never made courses about it. Never drew
1516
1517 380
1518 00:26:51,780 ~-~-> 00:26:58,260
1519 anyone's attention to it at all. Until I did. Now what do
1520
1521 381
1522 00:26:58,260 ~-~-> 00:27:02,670
1523 you do with it? you anticipate price trading back up into
1524
1525 382
1526 00:27:02,670 ~-~-> 00:27:06,300
1527 that, why? Why should price trade back up into it? Well,
1528
1529 383
1530 00:27:06,330 ~-~-> 00:27:09,930
1531 price is dropping here. And it got a little ahead of itself
1532
1533 384
1534 00:27:09,930 ~-~-> 00:27:15,990
1535 in here. So even though we went down on this candles low, it
1536
1537 385
1538 00:27:15,990 ~-~-> 00:27:20,820
1539 left an imbalance of volume imbalance. Now in forex, we
1540
1541 386
1542 00:27:20,820 ~-~-> 00:27:25,680
1543 don't have a real clear depiction of volume. We have an
1544
1545 387
1546 00:27:25,680 ~-~-> 00:27:30,420
1547 absence of volume, so we have to use other tools. So that's
1548
1549 388
1550 00:27:30,420 ~-~-> 00:27:35,160
1551 why when I see folks trying to trade with volume profile
1552
1553 389
1554 00:27:36,180 ~-~-> 00:27:36,990
1555 with forex,
1556
1557 390
1558 00:27:38,820 ~-~-> 00:27:42,300
1559 to me, it's kind of like a partial picture. You're looking
1560
1561 391
1562 00:27:42,300 ~-~-> 00:27:45,450
1563 through binoculars with one eye closed, you're seeing things
1564
1565 392
1566 00:27:45,480 ~-~-> 00:27:47,700
1567 and you're getting magnification, but you're not really
1568
1569 393
1570 00:27:47,700 ~-~-> 00:27:51,060
1571 getting a clear depiction of what price is likely to do. And
1572
1573 394
1574 00:27:51,060 ~-~-> 00:27:54,360
1575 you certainly aren't seeing all the volume. So what do you
1576
1577 395
1578 00:27:54,360 ~-~-> 00:27:59,190
1579 do? You use the bodies of the candles. Now there's a lot of
1580
1581 396
1582 00:27:59,190 ~-~-> 00:28:02,340
1583 school thought for specific concepts in my teachings where
1584
1585 397
1586 00:28:02,340 ~-~-> 00:28:06,510
1587 we use a wick, we use a tail and we use the bodies. There
1588
1589 398
1590 00:28:06,510 ~-~-> 00:28:10,620
1591 are procedures and protocols to use for each individual
1592
1593 399
1594 00:28:10,620 ~-~-> 00:28:14,190
1595 concept. And that's not going to talk here and you don't
1596
1597 400
1598 00:28:14,190 ~-~-> 00:28:17,460
1599 need that. What I'm showing you here is very specific about
1600
1601 401
1602 00:28:17,460 ~-~-> 00:28:20,760
1603 price, where there's a small little gap between the bodies
1604
1605 402
1606 00:28:20,880 ~-~-> 00:28:23,670
1607 even though there are wicks and tails crossing between the
1608
1609 403
1610 00:28:23,670 ~-~-> 00:28:30,780
1611 two candles. Okay, so, price on June 10. I drew everyone's
1612
1613 404
1614 00:28:30,780 ~-~-> 00:28:33,870
1615 attention to it in my mentorship right there to look at that
1616
1617 405
1618 00:28:33,870 ~-~-> 00:28:38,010
1619 area and anticipate price trading up into it. You can see we
1620
1621 406
1622 00:28:38,010 ~-~-> 00:28:41,460
1623 traded up into it here and here, and then price rolled over.
1624
1625 407
1626 00:28:44,100 ~-~-> 00:28:45,870
1627 You can see the same thing occurring
1628
1629 408
1630 00:28:51,630 ~-~-> 00:28:58,140
1631 right here. See, there's the candles close and here's the
1632
1633 409
1634 00:28:58,140 ~-~-> 00:29:01,800
1635 candles open that smaller segment of price action. We trade
1636
1637 410
1638 00:29:01,800 ~-~-> 00:29:05,100
1639 up into it here. And again, I told my mentorship if it
1640
1641 411
1642 00:29:05,100 ~-~-> 00:29:08,310
1643 trades to this level we should anticipate rolling over. So
1644
1645 412
1646 00:29:08,490 ~-~-> 00:29:13,560
1647 here we're bearish. Here we're bearish. Okay, long story
1648
1649 413
1650 00:29:13,560 ~-~-> 00:29:18,450
1651 short, we were anticipating lower prices in dollar. Why
1652
1653 414
1654 00:29:18,450 ~-~-> 00:29:23,700
1655 would you expect lower prices in dollar? Well, all the
1656
1657 415
1658 00:29:23,700 ~-~-> 00:29:26,580
1659 things that's been going on with the illness that's been
1660
1661 416
1662 00:29:27,360 ~-~-> 00:29:31,080
1663 going around the world. And I'm going to say that I'm going
1664
1665 417
1666 00:29:31,080 ~-~-> 00:29:33,780
1667 to say just that and not say any more because YouTube will
1668
1669 418
1670 00:29:33,780 ~-~-> 00:29:38,910
1671 flag me if I say anything more. And the likelihood of the
1672
1673 419
1674 00:29:38,910 ~-~-> 00:29:44,400
1675 dollar going lower was more likely to occur than the
1676
1677 420
1678 00:29:44,400 ~-~-> 00:29:48,780
1679 appreciation for if it broke below this range, and we saw it
1680
1681 421
1682 00:29:48,780 ~-~-> 00:29:52,740
1683 break down. And admittedly, while price was in here, too, so
1684
1685 422
1686 00:29:52,740 ~-~-> 00:29:56,040
1687 full disclosure, when price was back and forth in here, I
1688
1689 423
1690 00:29:56,040 ~-~-> 00:29:58,230
1691 was telling my group that we are sitting on our hands
1692
1693 424
1694 00:29:58,230 ~-~-> 00:30:02,430
1695 waiting for clear to start To move that's going to go higher
1696
1697 425
1698 00:30:02,430 ~-~-> 00:30:05,460
1699 or lower. And at the time, I didn't really care which
1700
1701 426
1702 00:30:05,460 ~-~-> 00:30:08,850
1703 direction but when we got to do in this area here we're
1704
1705 427
1706 00:30:08,850 ~-~-> 00:30:14,550
1707 bearish and we've been bearish on on the dollar. I gave a
1708
1709 428
1710 00:30:14,550 ~-~-> 00:30:18,120
1711 clear indication as to where I believe the dollar would go.
1712
1713 429
1714 00:30:18,630 ~-~-> 00:30:21,390
1715 Okay and I'm gonna put the levels up in a moment but I want
1716
1717 430
1718 00:30:21,390 ~-~-> 00:30:24,000
1719 you to think about how price traded to this volume and
1720
1721 431
1722 00:30:24,000 ~-~-> 00:30:27,270
1723 balanced and three there and traded all the way down to
1724
1725 432
1726 00:30:27,270 ~-~-> 00:30:35,040
1727 today's low. See that? Now this movement in dollar is many,
1728
1729 433
1730 00:30:35,100 ~-~-> 00:30:39,660
1731 many pips in foreign currencies, especially in like cable
1732
1733 434
1734 00:30:39,690 ~-~-> 00:30:44,010
1735 like British Pound versus US dollar. So if we see a four or
1736
1737 435
1738 00:30:44,010 ~-~-> 00:30:51,660
1739 500 PIP decline in the dollar, it can many times go way
1740
1741 436
1742 00:30:51,660 ~-~-> 00:30:55,440
1743 beyond that in cable because cable tends to over exaggerate
1744
1745 437
1746 00:30:55,440 ~-~-> 00:30:58,710
1747 everything, which is why I love that pair. has a lot of
1748
1749 438
1750 00:30:58,710 ~-~-> 00:31:02,490
1751 volatility. It's predictable volatility versus like the
1752
1753 439
1754 00:31:02,490 ~-~-> 00:31:07,650
1755 swissy swissy can be finicky, it can still unload, where I
1756
1757 440
1758 00:31:07,650 ~-~-> 00:31:10,740
1759 think it's going to go. But many times it'll come back and
1760
1761 441
1762 00:31:11,280 ~-~-> 00:31:15,930
1763 take my stop if I start moving it. And it's just got has a
1764
1765 442
1766 00:31:15,930 ~-~-> 00:31:18,210
1767 lot of volatility, you know, the Swiss franc versus US
1768
1769 443
1770 00:31:18,210 ~-~-> 00:31:21,480
1771 dollar. And in the 90s, I used to trade a lot of it as a
1772
1773 444
1774 00:31:21,480 ~-~-> 00:31:25,740
1775 futures contract, but when I segwayed into just pure forex
1776
1777 445
1778 00:31:25,740 ~-~-> 00:31:31,380
1779 in 2006, and left futures, then I got burned a lot with
1780
1781 446
1782 00:31:31,380 ~-~-> 00:31:37,500
1783 swissy. And when it was D pegged from the Euro, it was I was
1784
1785 447
1786 00:31:37,500 ~-~-> 00:31:41,640
1787 done. I mean, I was done before we got into that, but
1788
1789 448
1790 00:31:41,640 ~-~-> 00:31:45,900
1791 anyway, the difference between the dollar movements on
1792
1793 449
1794 00:31:45,900 ~-~-> 00:31:48,810
1795 quarterly shifts, if we have a large several hundred PIP
1796
1797 450
1798 00:31:48,810 ~-~-> 00:31:56,430
1799 move in dollar that is very, very huge potential in foreign
1800
1801 451
1802 00:31:56,430 ~-~-> 00:32:01,170
1803 currency because the dollar is it's kind of counted in its
1804
1805 452
1806 00:32:01,170 ~-~-> 00:32:04,350
1807 movement. So if there's a big move in dollar, there's huge
1808
1809 453
1810 00:32:04,350 ~-~-> 00:32:07,230
1811 moves happening in foreign currency and even larger moves in
1812
1813 454
1814 00:32:07,230 ~-~-> 00:32:10,410
1815 the crosses because they're even more exaggerated. And what
1816
1817 455
1818 00:32:10,410 ~-~-> 00:32:17,370
1819 I mean by that like euro yen, pound yen, those types of
1820
1821 456
1822 00:32:17,370 ~-~-> 00:32:25,080
1823 crosses, or Ozzy yen, Euro Ozzy in those crosses that I
1824
1825 457
1826 00:32:25,080 ~-~-> 00:32:28,170
1827 don't personally trade because I don't get the tax treatment
1828
1829 458
1830 00:32:28,230 ~-~-> 00:32:31,980
1831 in the US by trading them. So yes, there's a lot of moves
1832
1833 459
1834 00:32:31,980 ~-~-> 00:32:35,700
1835 that occur. I knew I could be a participant of, but I don't
1836
1837 460
1838 00:32:35,700 ~-~-> 00:32:38,460
1839 care because I can make 10 pips a day and do everything I
1840
1841 461
1842 00:32:38,460 ~-~-> 00:32:42,000
1843 would ever need to do in my lifetime. It's what you do with
1844
1845 462
1846 00:32:42,000 ~-~-> 00:32:45,570
1847 the pips you earn not how many pips you, Aaron, it's not
1848
1849 463
1850 00:32:45,570 ~-~-> 00:32:48,750
1851 about how many. That's not how this game is, one. It's how
1852
1853 464
1854 00:32:48,750 ~-~-> 00:32:53,520
1855 you manage the risk and how you leverage within reason, the
1856
1857 465
1858 00:32:53,520 ~-~-> 00:32:58,470
1859 result that you can measure as a constant result and return
1860
1861 466
1862 00:32:58,860 ~-~-> 00:33:03,030
1863 on the engagement. you're placing in price. That's, that's
1864
1865 467
1866 00:33:03,030 ~-~-> 00:33:06,660
1867 the reality of trading. So if you are thinking that you have
1868
1869 468
1870 00:33:06,660 ~-~-> 00:33:09,240
1871 to get these big moves like this, that's not what I'm trying
1872
1873 469
1874 00:33:09,240 ~-~-> 00:33:14,940
1875 to communicate here. I'm saying that even though this is not
1876
1877 470
1878 00:33:14,940 ~-~-> 00:33:18,570
1879 my cup of tea for trading like getting short dollar here,
1880
1881 471
1882 00:33:18,600 ~-~-> 00:33:20,490
1883 because I don't really trade dollar, I use it as a
1884
1885 472
1886 00:33:20,490 ~-~-> 00:33:23,580
1887 barometer. So I'm going long foreign currency in this
1888
1889 473
1890 00:33:23,580 ~-~-> 00:33:29,310
1891 instance, okay. We were long on euro, we were long on cable,
1892
1893 474
1894 00:33:30,210 ~-~-> 00:33:38,460
1895 all throughout this movement. So I want you to see where I
1896
1897 475
1898 00:33:38,460 ~-~-> 00:33:42,690
1899 drew everyone's attention to over the course of this decline
1900
1901 476
1902 00:33:42,690 ~-~-> 00:33:52,020
1903 in the dollar. Okay, this low here, and this low here are
1904
1905 477
1906 00:33:52,020 ~-~-> 00:33:53,010
1907 relatively equal.
1908
1909 478
1910 00:33:53,700 ~-~-> 00:33:57,690
1911 See that? Now I'm going to zoom in on a little piece of
1912
1913 479
1914 00:33:57,690 ~-~-> 00:33:59,130
1915 price action right there.
1916
1917 480
1918 00:34:07,080 ~-~-> 00:34:11,160
1919 Okay, so you have this low and this low. More specifically,
1920
1921 481
1922 00:34:11,250 ~-~-> 00:34:17,010
1923 it's this candle is high to this candle is low, or what I
1924
1925 482
1926 00:34:17,010 ~-~-> 00:34:21,030
1927 teach is a fair value gap. Now, fair value gap is something
1928
1929 483
1930 00:34:21,030 ~-~-> 00:34:24,630
1931 that's mine as well. And you don't see that in books. A lot
1932
1933 484
1934 00:34:24,630 ~-~-> 00:34:29,190
1935 of people have been exposed to it now or trying to make
1936
1937 485
1938 00:34:29,190 ~-~-> 00:34:32,400
1939 videos about it on YouTube, and they're not right, you have
1940
1941 486
1942 00:34:32,400 ~-~-> 00:34:34,500
1943 no idea what you're doing. So when you do that, you're
1944
1945 487
1946 00:34:34,500 ~-~-> 00:34:37,860
1947 actually doing a disservice to your viewers. Because I
1948
1949 488
1950 00:34:37,860 ~-~-> 00:34:39,600
1951 haven't taught everything about fair pay gap and every
1952
1953 489
1954 00:34:39,600 ~-~-> 00:34:44,010
1955 little segment in price like this isn't a fair value gap in
1956
1957 490
1958 00:34:44,010 ~-~-> 00:34:48,480
1959 the sense that it's going to be traded to events, I guess, a
1960
1961 491
1962 00:34:48,480 ~-~-> 00:34:52,440
1963 long enough time. Everything would be traded to but the way
1964
1965 492
1966 00:34:52,440 ~-~-> 00:34:56,130
1967 I see these people on YouTube, trying to use it, a new build
1968
1969 493
1970 00:34:56,130 ~-~-> 00:34:59,610
1971 a name for themselves, it's it's pathetic, but nonetheless
1972
1973 494
1974 00:35:02,070 ~-~-> 00:35:05,160
1975 This area here is what I was drawing my students attention
1976
1977 495
1978 00:35:05,160 ~-~-> 00:35:10,320
1979 to. Why is that important? Well, we have a period of equals
1980
1981 496
1982 00:35:11,850 ~-~-> 00:35:15,330
1983 the fair value got this imbalance and on this this placement
1984
1985 497
1986 00:35:15,330 ~-~-> 00:35:22,200
1987 hire the algorithm moved too fast and did not allow time for
1988
1989 498
1990 00:35:22,230 ~-~-> 00:35:26,190
1991 any real selling to occur between this candle is high and
1992
1993 499
1994 00:35:26,190 ~-~-> 00:35:30,060
1995 this candle is low. So all of this at some point between
1996
1997 500
1998 00:35:30,060 ~-~-> 00:35:32,670
1999 this candles low in this candle is high should be rebalanced
2000
2001 501
2002 00:35:32,670 ~-~-> 00:35:37,470
2003 in the future, enter those levels. Now you have liquidity.
2004
2005 502
2006 00:35:38,070 ~-~-> 00:35:41,610
2007 Now you have sell side liquidity resting below what sell
2008
2009 503
2010 00:35:41,610 ~-~-> 00:35:46,920
2011 side liquidity and sell stops. The liquidity that's framed
2012
2013 504
2014 00:35:46,920 ~-~-> 00:35:50,940
2015 on the basis of if the price goes lower. It's the sellers
2016
2017 505
2018 00:35:50,940 ~-~-> 00:35:54,210
2019 that are being attacked. Okay, so that's why I label all my
2020
2021 506
2022 00:35:55,260 ~-~-> 00:36:00,000
2023 annotations below lows. It's sellside liquidity and I'm
2024
2025 507
2026 00:36:00,000 ~-~-> 00:36:03,930
2027 Using that with a market efficiency paradigm, no words when
2028
2029 508
2030 00:36:03,930 ~-~-> 00:36:07,320
2031 I look at price, I'm looking at the sell side liquidity
2032
2033 509
2034 00:36:07,320 ~-~-> 00:36:11,580
2035 pools as a reason for price to go down there. And that's
2036
2037 510
2038 00:36:11,580 ~-~-> 00:36:16,830
2039 where smart money will be looking to buy from. While they
2040
2041 511
2042 00:36:16,830 ~-~-> 00:36:18,840
2043 wouldn't be buying because they're short, and they could
2044
2045 512
2046 00:36:18,840 ~-~-> 00:36:21,390
2047 have a short you have to buy it back. So sellside liquidity
2048
2049 513
2050 00:36:21,390 ~-~-> 00:36:25,020
2051 resting below here to a point of rebalance at this candle is
2052
2053 514
2054 00:36:25,020 ~-~-> 00:36:32,070
2055 high at 9192 9192. Isn't that just below the 92? Big figure?
2056
2057 515
2058 00:36:32,730 ~-~-> 00:36:37,710
2059 Yes. When markets sweep below a big figure or above a big
2060
2061 516
2062 00:36:37,710 ~-~-> 00:36:45,060
2063 figure, they will do it in specific grades 510 1520 2530 and
2064
2065 517
2066 00:36:45,060 ~-~-> 00:36:51,990
2067 can spike through as much as 40 pips. If we were looking at
2068
2069 518
2070 00:36:51,990 ~-~-> 00:36:56,280
2071 the 92 big figure, we could reasonably expect it to trade
2072
2073 519
2074 00:36:56,940 ~-~-> 00:37:01,230
2075 10 1520 pips below it which would give us What low in
2076
2077 520
2078 00:37:01,230 ~-~-> 00:37:09,930
2079 potential range 9170 if it's 30 pips below 9175 if it's 25
2080
2081 521
2082 00:37:09,930 ~-~-> 00:37:14,370
2083 pips below it, and 9180 if it's 20 pips, it's usually what
2084
2085 522
2086 00:37:14,370 ~-~-> 00:37:17,820
2087 it usually does around 2020 pips below or 20 pips above
2088
2089 523
2090 00:37:18,450 ~-~-> 00:37:22,050
2091 certain characteristics with specific currencies like cable
2092
2093 524
2094 00:37:22,050 ~-~-> 00:37:26,340
2095 have more parameters to picking how many pips above and
2096
2097 525
2098 00:37:26,340 ~-~-> 00:37:31,020
2099 below it can go. Just like swissy has its own Canadian
2100
2101 526
2102 00:37:31,020 ~-~-> 00:37:33,570
2103 dollar has its own little signature Is that how it works,
2104
2105 527
2106 00:37:33,600 ~-~-> 00:37:37,560
2107 big figures and mid figure levels. I teach all that stuff.
2108
2109 528
2110 00:37:37,620 ~-~-> 00:37:40,200
2111 And I've hinted at a lot of things even in my free tutorial.
2112
2113 529
2114 00:37:40,200 ~-~-> 00:37:43,020
2115 So don't think if you just watch this video in your first
2116
2117 530
2118 00:37:43,020 ~-~-> 00:37:46,110
2119 time here, and you found me just put this video don't think
2120
2121 531
2122 00:37:46,110 ~-~-> 00:37:49,590
2123 that I'm teasing dangling a carrot. There's a lot of lessons
2124
2125 532
2126 00:37:49,590 ~-~-> 00:37:53,580
2127 in this YouTube channel, that if a diligent student sits
2128
2129 533
2130 00:37:53,580 ~-~-> 00:37:58,560
2131 down, takes copious notes and really studies the things that
2132
2133 534
2134 00:37:58,560 ~-~-> 00:38:03,390
2135 I draw your attention to you We'll never need to buy a
2136
2137 535
2138 00:38:03,390 ~-~-> 00:38:06,540
2139 signal service, you'll never need to buy a trading course.
2140
2141 536
2142 00:38:06,870 ~-~-> 00:38:09,630
2143 If you just want to go and find a way of trading, my youtube
2144
2145 537
2146 00:38:09,630 ~-~-> 00:38:13,530
2147 channel teaches that, but my mentorship level content is for
2148
2149 538
2150 00:38:13,530 ~-~-> 00:38:17,760
2151 the freaks that just want to know everything and then know
2152
2153 539
2154 00:38:17,760 ~-~-> 00:38:20,790
2155 that they know that's the difference. You can be profitable
2156
2157 540
2158 00:38:21,870 ~-~-> 00:38:23,850
2159 with the content that I give on this YouTube channel.
2160
2161 541
2162 00:38:23,940 ~-~-> 00:38:28,920
2163 Absolutely. Will you be a freak of nature? Probably not. And
2164
2165 542
2166 00:38:28,920 ~-~-> 00:38:30,870
2167 most of you really don't really care to be a freak of
2168
2169 543
2170 00:38:30,870 ~-~-> 00:38:33,930
2171 nature. But I know some young guys out there you just want
2172
2173 544
2174 00:38:33,930 ~-~-> 00:38:41,820
2175 to be superhuman human. But if you look at how price trades
2176
2177 545
2178 00:38:41,820 ~-~-> 00:38:45,240
2179 down into these levels, now obviously I have these two work
2180
2181 546
2182 00:38:45,240 ~-~-> 00:38:48,210
2183 ones which will make sense in a moment, but we spiked down
2184
2185 547
2186 00:38:48,210 ~-~-> 00:38:54,270
2187 through that 92 big figure and today's low. Isn't it's not
2188
2189 548
2190 00:38:54,270 ~-~-> 00:38:59,970
2191 right, let's see. Here it is. 9175 Okay. 9175. So it says
2192
2193 549
2194 00:39:00,000 ~-~-> 00:39:05,190
2195 Through 25 pips below the 92 big figure, I was drawing
2196
2197 550
2198 00:39:05,190 ~-~-> 00:39:06,840
2199 everyone's attention here.
2200
2201 551
2202 00:39:08,280 ~-~-> 00:39:11,070
2203 While this price was declining, we had this target here
2204
2205 552
2206 00:39:11,070 ~-~-> 00:39:14,580
2207 first, we managed and seen how price traded through that we
2208
2209 553
2210 00:39:14,580 ~-~-> 00:39:18,420
2211 wanted to see a big displacement below that we got, then the
2212
2213 554
2214 00:39:18,420 ~-~-> 00:39:20,760
2215 same thing, we won't see a big displacement below this low.
2216
2217 555
2218 00:39:21,300 ~-~-> 00:39:26,130
2219 We got it. Okay, so there's a volume imbalance here calling
2220
2221 556
2222 00:39:26,130 ~-~-> 00:39:31,020
2223 that high. And this high is here, volume imbalance there.
2224
2225 557
2226 00:39:31,260 ~-~-> 00:39:35,280
2227 Okay, so that's not support resistance. That is price
2228
2229 558
2230 00:39:35,280 ~-~-> 00:39:39,660
2231 delivery. It's the algorithm going back to points of
2232
2233 559
2234 00:39:39,660 ~-~-> 00:39:45,600
2235 reference they needs to refer to to cause the market to be
2236
2237 560
2238 00:39:45,600 ~-~-> 00:39:49,680
2239 efficiently delivered. Now, it sounds like a whole bunch of
2240
2241 561
2242 00:39:49,680 ~-~-> 00:39:55,320
2243 mumbo jumbo. I know. But it's the truth. The market when it
2244
2245 562
2246 00:39:55,320 ~-~-> 00:39:59,340
2247 goes into reaching down here, right away, everybody's
2248
2249 563
2250 00:39:59,340 ~-~-> 00:40:02,010
2251 thinking well, this Is the old support. So it's gonna trade
2252
2253 564
2254 00:40:02,010 ~-~-> 00:40:04,650
2255 down to there and it might bounce. I used to think like
2256
2257 565
2258 00:40:04,650 ~-~-> 00:40:07,170
2259 that. And you probably think like that too. Or we're
2260
2261 566
2262 00:40:07,170 ~-~-> 00:40:10,230
2263 probably thinking that when you're looking at $1, or you're
2264
2265 567
2266 00:40:10,230 ~-~-> 00:40:12,600
2267 probably asking yourself, why didn't it do that? Or why
2268
2269 568
2270 00:40:12,600 ~-~-> 00:40:15,720
2271 didn't it bounce at that level here because the algorithm
2272
2273 569
2274 00:40:15,720 ~-~-> 00:40:20,700
2275 was going to reprice below this low and target this level
2276
2277 570
2278 00:40:20,700 ~-~-> 00:40:26,190
2279 down here. We knew about it for months. Now, I'm telling you
2280
2281 571
2282 00:40:26,220 ~-~-> 00:40:31,470
2283 why we knew about it. So that way, you can investigate it
2284
2285 572
2286 00:40:31,470 ~-~-> 00:40:35,310
2287 and see and study all the price action between here and here
2288
2289 573
2290 00:40:35,430 ~-~-> 00:40:40,500
2291 and how many trading opportunities were available. You some
2292
2293 574
2294 00:40:40,500 ~-~-> 00:40:42,270
2295 of you may be thinking, well, if you can call these moves,
2296
2297 575
2298 00:40:42,270 ~-~-> 00:40:45,270
2299 why don't you get short dollar long foreign currency and
2300
2301 576
2302 00:40:45,270 ~-~-> 00:40:48,120
2303 hold all these moves in every foreign currency and be a
2304
2305 577
2306 00:40:48,120 ~-~-> 00:40:51,510
2307 billionaire. I've already stated that I don't have the
2308
2309 578
2310 00:40:51,510 ~-~-> 00:40:54,480
2311 comfort of holding on to these positions because I have a
2312
2313 579
2314 00:40:54,480 ~-~-> 00:40:57,750
2315 very short term personality like I'm changing my mind a lot
2316
2317 580
2318 00:40:57,750 ~-~-> 00:41:04,650
2319 like just like that. And I've made my mind up over a dozen
2320
2321 581
2322 00:41:04,650 ~-~-> 00:41:07,890
2323 different changes in what I wanted to talk about today.
2324
2325 582
2326 00:41:08,160 ~-~-> 00:41:10,680
2327 That's why I was delayed. Nothing really was delaying me.
2328
2329 583
2330 00:41:10,680 ~-~-> 00:41:13,230
2331 It's just what did I want to talk about today? Did I want to
2332
2333 584
2334 00:41:13,230 ~-~-> 00:41:18,480
2335 go this far? Did I not want to go this far? And it's these
2336
2337 585
2338 00:41:18,480 ~-~-> 00:41:21,210
2339 are moves that already happened. So my students can't be
2340
2341 586
2342 00:41:21,210 ~-~-> 00:41:23,340
2343 upset about this. And plus, it's my content, I can do
2344
2345 587
2346 00:41:23,340 ~-~-> 00:41:27,060
2347 whatever I want to do with it. But you're not learning
2348
2349 588
2350 00:41:27,060 ~-~-> 00:41:30,450
2351 mentorship by me doing this. I'm just like I'm doing in the
2352
2353 589
2354 00:41:30,450 ~-~-> 00:41:35,190
2355 core content lessons. I'm providing you an example of a
2356
2357 590
2358 00:41:35,190 ~-~-> 00:41:38,640
2359 concept. providing an example is not the same as me saying,
2360
2361 591
2362 00:41:38,640 ~-~-> 00:41:42,060
2363 Okay, now we're expecting the price to go here. And then I
2364
2365 592
2366 00:41:42,060 ~-~-> 00:41:45,540
2367 go back and fill in all the gaps with why the details led me
2368
2369 593
2370 00:41:45,540 ~-~-> 00:41:49,620
2371 to that decision. And I'm 90 some percent accurate in terms
2372
2373 594
2374 00:41:49,620 ~-~-> 00:41:52,140
2375 of where the mark is going to go in the higher timeframe. So
2376
2377 595
2378 00:41:52,140 ~-~-> 00:41:58,920
2379 that's me playing the Scout, okay, or the spotter for you as
2380
2381 596
2382 00:41:58,920 ~-~-> 00:42:02,700
2383 a developing sniper. I said I wasn't gonna user's themes,
2384
2385 597
2386 00:42:02,700 ~-~-> 00:42:06,570
2387 but it just fits right now, for me to be able to justify
2388
2389 598
2390 00:42:06,600 ~-~-> 00:42:12,240
2391 what it is that I do as a teacher. I use my experience. And
2392
2393 599
2394 00:42:12,240 ~-~-> 00:42:15,690
2395 the years I've been doing this, and I'd lend that to my
2396
2397 600
2398 00:42:15,690 ~-~-> 00:42:20,370
2399 students, so they're not trying to be bullish on dollar
2400
2401 601
2402 00:42:20,370 ~-~-> 00:42:25,290
2403 here. Their framework is outlining short opportunities own
2404
2405 602
2406 00:42:25,290 ~-~-> 00:42:27,930
2407 dollar, which would be the opposite in foreign currency,
2408
2409 603
2410 00:42:27,930 ~-~-> 00:42:32,460
2411 which would be long currencies. Okay, so with all that said,
2412
2413 604
2414 00:42:32,550 ~-~-> 00:42:36,000
2415 that's the framework. So we have this, put this on the chart
2416
2417 605
2418 00:42:36,000 ~-~-> 00:42:36,690
2419 so you can see it.
2420
2421 606
2422 00:42:45,960 ~-~-> 00:42:50,430
2423 This is the volume and balance. Okay, look at the body's
2424
2425 607
2426 00:42:50,430 ~-~-> 00:42:53,160
2427 respecting it in here. And then we get one little spike that
2428
2429 608
2430 00:42:53,160 ~-~-> 00:42:55,920
2431 takes out these relatively equal highs, and then it goes
2432
2433 609
2434 00:42:55,920 ~-~-> 00:43:00,300
2435 lower. The context was that volume and balance targeting
2436
2437 610
2438 00:43:00,300 ~-~-> 00:43:04,320
2439 this low and then ultimately going down here, scrunched up
2440
2441 611
2442 00:43:04,680 ~-~-> 00:43:11,850
2443 as you can appreciate the full fractal There you go. Okay,
2444
2445 612
2446 00:43:12,390 ~-~-> 00:43:16,620
2447 so I'm not looking at this low here, or this low here, I'm
2448
2449 613
2450 00:43:16,620 ~-~-> 00:43:20,820
2451 looking at all the storyline in this price move higher. And
2452
2453 614
2454 00:43:20,820 ~-~-> 00:43:24,510
2455 where my eye goes is the imbalance or liquidity pools.
2456
2457 615
2458 00:43:25,350 ~-~-> 00:43:28,770
2459 There's only two decisions I need to make about my trade
2460
2461 616
2462 00:43:28,800 ~-~-> 00:43:32,010
2463 because the bias is the easy thing. If I want to be a buyer
2464
2465 617
2466 00:43:32,010 ~-~-> 00:43:36,450
2467 or seller, that's the easy stuff. And I know probably this
2468
2469 618
2470 00:43:36,450 ~-~-> 00:43:38,580
2471 offended A lot of you What's the thing I'm struggling with
2472
2473 619
2474 00:43:38,580 ~-~-> 00:43:41,070
2475 Michael, how could you say that? That's ignorant. You're not
2476
2477 620
2478 00:43:41,070 ~-~-> 00:43:44,970
2479 sensitive to my needs. Listen, I'm not laughing at you. I'm
2480
2481 621
2482 00:43:44,970 ~-~-> 00:43:47,820
2483 laughing It's that's how I felt to Okay, back in the 90s. I
2484
2485 622
2486 00:43:47,820 ~-~-> 00:43:50,220
2487 felt like it I was like, and these people write these books
2488
2489 623
2490 00:43:50,250 ~-~-> 00:43:52,800
2491 or I'm watching these VHS tapes because that's what you're
2492
2493 624
2494 00:43:52,800 ~-~-> 00:43:58,530
2495 using back then. And then eventually, CDs and all this
2496
2497 625
2498 00:43:58,530 ~-~-> 00:44:00,960
2499 stuff. I'm like the date. They make references are things
2500
2501 626
2502 00:44:00,960 ~-~-> 00:44:03,210
2503 like I should know it, but they're not really teaching it.
2504
2505 627
2506 00:44:03,360 ~-~-> 00:44:07,710
2507 So, again, okay, I'm trying to do my best to communicate
2508
2509 628
2510 00:44:07,710 ~-~-> 00:44:11,010
2511 something that just isn't taught. And so what I mentioned
2512
2513 629
2514 00:44:11,010 ~-~-> 00:44:13,860
2515 earlier in the video, just because you may have some one
2516
2517 630
2518 00:44:13,860 ~-~-> 00:44:18,600
2519 share a video with you, okay? That's mentorship grade. And
2520
2521 631
2522 00:44:18,600 ~-~-> 00:44:22,110
2523 it's like, oh, yeah, I have his month number for lessons.
2524
2525 632
2526 00:44:22,110 ~-~-> 00:44:24,540
2527 And it's this and it's that so I have his mentorship. Now
2528
2529 633
2530 00:44:24,540 ~-~-> 00:44:27,570
2531 you don't, you have the same thing you all are watching
2532
2533 634
2534 00:44:27,570 ~-~-> 00:44:30,630
2535 right now, where I'm demonstrating something that I know,
2536
2537 635
2538 00:44:30,660 ~-~-> 00:44:34,470
2539 like the back of my hand. But nobody else is able to use it
2540
2541 636
2542 00:44:34,470 ~-~-> 00:44:38,430
2543 all because I'm not done teaching. It's 27 years of
2544
2545 637
2546 00:44:38,520 ~-~-> 00:44:42,840
2547 experience. You cannot condense that down into one video.
2548
2549 638
2550 00:44:42,870 ~-~-> 00:44:46,380
2551 You can't no one can. Because there's so many moving parts
2552
2553 639
2554 00:44:46,380 ~-~-> 00:44:51,180
2555 and so many things that leads to mastery. And that sounds
2556
2557 640
2558 00:44:51,180 ~-~-> 00:44:54,510
2559 arrogant, I know. But it's the truth. You're not going to
2560
2561 641
2562 00:44:54,510 ~-~-> 00:44:58,110
2563 find this with a one video solution. There's no one silver
2564
2565 642
2566 00:44:58,110 ~-~-> 00:45:01,170
2567 bullet solution in trading. Especially with the things I
2568
2569 643
2570 00:45:01,170 ~-~-> 00:45:05,940
2571 teach. Now you don't need every facet of my mentorship,
2572
2573 644
2574 00:45:06,060 ~-~-> 00:45:10,530
2575 define a niche where you're able to go in and engage. But
2576
2577 645
2578 00:45:11,310 ~-~-> 00:45:15,690
2579 what I mentioned earlier is I'm not worried about the bias
2580
2581 646
2582 00:45:15,690 ~-~-> 00:45:19,650
2583 because if I understand at this point here to hear now I'm
2584
2585 647
2586 00:45:19,650 ~-~-> 00:45:22,920
2587 not going to sit here and count every single candle. But
2588
2589 648
2590 00:45:22,920 ~-~-> 00:45:26,610
2591 this is something I want you to do as a viewer. I want you
2592
2593 649
2594 00:45:26,610 ~-~-> 00:45:32,670
2595 to count the number of down days versus the updates in this
2596
2597 650
2598 00:45:32,670 ~-~-> 00:45:36,720
2599 fractal. Okay, a fractal is a segment of price action from
2600
2601 651
2602 00:45:36,720 ~-~-> 00:45:40,410
2603 here to today's low. All right. So from this Campbell's
2604
2605 652
2606 00:45:40,410 ~-~-> 00:45:45,150
2607 high, all the way down to today's low. Count how many down
2608
2609 653
2610 00:45:45,150 ~-~-> 00:45:49,260
2611 candles you have, where the open is higher than the close,
2612
2613 654
2614 00:45:49,740 ~-~-> 00:45:53,820
2615 or I guess easiest way to say it with the value behind it is
2616
2617 655
2618 00:45:54,330 ~-~-> 00:45:58,860
2619 every lower close day, no words every in this case every
2620
2621 656
2622 00:45:58,860 ~-~-> 00:46:01,890
2623 down closed candle today. I represent that with a Black
2624
2625 657
2626 00:46:01,890 ~-~-> 00:46:06,390
2627 Candle, and every upclose candles green. From this high to
2628
2629 658
2630 00:46:06,390 ~-~-> 00:46:09,060
2631 this low you can see the majority of the candles are down.
2632
2633 659
2634 00:46:09,150 ~-~-> 00:46:12,990
2635 So that means every single one of those days until we get to
2636
2637 660
2638 00:46:12,990 ~-~-> 00:46:17,940
2639 this level down here. If you're a day trader, you want to be
2640
2641 661
2642 00:46:17,940 ~-~-> 00:46:21,660
2643 going short. If your objective is to get 50 pips a week,
2644
2645 662
2646 00:46:22,290 ~-~-> 00:46:26,940
2647 okay? How hard would it be to get 10 pips in one day, over
2648
2649 663
2650 00:46:26,940 ~-~-> 00:46:30,270
2651 the course of a week, starting with that objective and then
2652
2653 664
2654 00:46:30,270 ~-~-> 00:46:35,730
2655 growing from there to maybe 15 pips a day, and then 20 pips
2656
2657 665
2658 00:46:35,730 ~-~-> 00:46:41,040
2659 a day, and then learning to trust this big type of move and
2660
2661 666
2662 00:46:41,040 ~-~-> 00:46:46,500
2663 work within the weekly range and try to get a very premium
2664
2665 667
2666 00:46:46,500 ~-~-> 00:46:49,770
2667 price level. In other words, an elevated, expensive price
2668
2669 668
2670 00:46:49,770 ~-~-> 00:46:53,130
2671 level that shouldn't stay expensive for a long time, until
2672
2673 669
2674 00:46:53,130 ~-~-> 00:46:55,830
2675 it eventually starts to gravitate towards this low down here
2676
2677 670
2678 00:46:56,040 ~-~-> 00:47:03,120
2679 and move to a discount. Okay, so bias is easy, but you have
2680
2681 671
2682 00:47:03,120 ~-~-> 00:47:05,460
2683 to have these types of narratives on the higher timeframe.
2684
2685 672
2686 00:47:05,550 ~-~-> 00:47:08,670
2687 Because if you do that, then yeah, you might get burned with
2688
2689 673
2690 00:47:08,820 ~-~-> 00:47:13,620
2691 one or two up close days that runs against you. But okay,
2692
2693 674
2694 00:47:13,710 ~-~-> 00:47:16,860
2695 how many upclose candles are you getting in this grand
2696
2697 675
2698 00:47:16,860 ~-~-> 00:47:21,900
2699 scheme of things? That's the potential for losing if you try
2700
2701 676
2702 00:47:21,900 ~-~-> 00:47:26,520
2703 to trade every single day. But if you look to trade after a
2704
2705 677
2706 00:47:26,550 ~-~-> 00:47:30,360
2707 upclose day, how many times are you met with hard selling
2708
2709 678
2710 00:47:30,360 ~-~-> 00:47:33,600
2711 the next day or the day after? There's a secret for you
2712
2713 679
2714 00:47:33,780 ~-~-> 00:47:38,190
2715 study that. So you have to have the logic and the context
2716
2717 680
2718 00:47:38,190 ~-~-> 00:47:40,440
2719 that the algorithm is going to be operating in because it's
2720
2721 681
2722 00:47:40,440 ~-~-> 00:47:42,960
2723 going to repriced down here. Now, I know some of you saying
2724
2725 682
2726 00:47:42,960 ~-~-> 00:47:45,930
2727 put Why should it go here you're not saying that Michael,
2728
2729 683
2730 00:47:45,990 ~-~-> 00:47:49,920
2731 right. That's mentorship. But between this level here to
2732
2733 684
2734 00:47:49,920 ~-~-> 00:47:53,880
2735 here, that is the the book ends if you will, the dividers
2736
2737 685
2738 00:47:53,880 ~-~-> 00:47:58,200
2739 that frame that move this volume and bounce to this fair
2740
2741 686
2742 00:47:58,200 ~-~-> 00:48:04,020
2743 value gap below old lows on the daily chart. It's all I'm
2744
2745 687
2746 00:48:04,020 ~-~-> 00:48:07,350
2747 gonna cover for right now. But I promise you, if you look at
2748
2749 688
2750 00:48:07,380 ~-~-> 00:48:10,620
2751 every single three to four month price move in any market,
2752
2753 689
2754 00:48:11,490 ~-~-> 00:48:16,440
2755 similar signatures like this will jump off the chart. But
2756
2757 690
2758 00:48:16,440 ~-~-> 00:48:19,110
2759 you're not going to just watch this video and say, Oh, I
2760
2761 691
2762 00:48:19,110 ~-~-> 00:48:20,940
2763 know how to do this, I'm going to go out there and start
2764
2765 692
2766 00:48:20,940 ~-~-> 00:48:23,220
2767 making YouTube videos and start a channel where I'm going to
2768
2769 693
2770 00:48:23,220 ~-~-> 00:48:25,830
2771 make all these moves, you're going to I see lots of people
2772
2773 694
2774 00:48:25,830 ~-~-> 00:48:28,380
2775 on tradingview. Okay, trying to put my stuff on their
2776
2777 695
2778 00:48:28,380 ~-~-> 00:48:31,920
2779 charts. And if you press the little tab that goes the other
2780
2781 696
2782 00:48:31,920 ~-~-> 00:48:34,560
2783 direction screaming against them. They have their order
2784
2785 697
2786 00:48:34,560 ~-~-> 00:48:36,570
2787 blocks on there, they have their fair value gaps on there.
2788
2789 698
2790 00:48:36,840 ~-~-> 00:48:40,380
2791 And these are people that I've also warned and I said don't
2792
2793 699
2794 00:48:40,380 ~-~-> 00:48:42,660
2795 try to do this publicly because you don't even know what
2796
2797 700
2798 00:48:42,660 ~-~-> 00:48:45,930
2799 you're doing. You don't know what you're doing. All of my
2800
2801 701
2802 00:48:45,930 ~-~-> 00:48:49,320
2803 students are still in development. They're growing in their
2804
2805 702
2806 00:48:49,320 ~-~-> 00:48:53,520
2807 understanding, but I'm walking them hand in hand every
2808
2809 703
2810 00:48:53,520 ~-~-> 00:48:55,980
2811 single week telling them what direction this mark is going
2812
2813 704
2814 00:48:55,980 ~-~-> 00:48:59,190
2815 to go and where they're going to go. Okay. It's not a signal
2816
2817 705
2818 00:48:59,190 ~-~-> 00:49:02,940
2819 service. did not go on here and give themselves signals and
2820
2821 706
2822 00:49:02,940 ~-~-> 00:49:06,450
2823 setups for every single down day. I didn't do that. I keep
2824
2825 707
2826 00:49:06,450 ~-~-> 00:49:10,290
2827 pointing, training them to trust these types of moves. And
2828
2829 708
2830 00:49:10,290 ~-~-> 00:49:13,710
2831 if you operate in this context, and you have a bias that's
2832
2833 709
2834 00:49:13,710 ~-~-> 00:49:18,240
2835 bearish, you have 80% of the battle already won. What do you
2836
2837 710
2838 00:49:18,240 ~-~-> 00:49:21,060
2839 do with the rest of it? Well, you can look at the opening
2840
2841 711
2842 00:49:21,060 ~-~-> 00:49:24,360
2843 price at midnight, and try to trade short at that or above
2844
2845 712
2846 00:49:24,360 ~-~-> 00:49:28,230
2847 it, or wait for New York setups and wait for a bearish
2848
2849 713
2850 00:49:28,230 ~-~-> 00:49:30,720
2851 optimal trade entry, just like I taught on the YouTube
2852
2853 714
2854 00:49:30,720 ~-~-> 00:49:36,090
2855 channel. It's just that easy, folks. It doesn't seem like
2856
2857 715
2858 00:49:36,120 ~-~-> 00:49:40,140
2859 that. That's all that's required. But it's a discipline of
2860
2861 716
2862 00:49:40,140 ~-~-> 00:49:42,360
2863 waiting for these types of moves to unfold in the higher
2864
2865 717
2866 00:49:42,360 ~-~-> 00:49:45,660
2867 timeframe, and then engaging with that with a market
2868
2869 718
2870 00:49:45,660 ~-~-> 00:49:50,040
2871 efficiency paradigm. That means when I'm looking at the
2872
2873 719
2874 00:49:50,040 ~-~-> 00:49:52,470
2875 marketplace, I'm looking at how the interbank traders are
2876
2877 720
2878 00:49:52,470 ~-~-> 00:49:54,900
2879 going to be looking at this level here and looking to go
2880
2881 721
2882 00:49:54,900 ~-~-> 00:50:00,000
2883 short. When all of these ideas in here are going to throw
2884
2885 722
2886 00:50:00,000 ~-~-> 00:50:04,770
2887 harmonic patterns that are bullish supply and demand areas.
2888
2889 723
2890 00:50:04,770 ~-~-> 00:50:08,640
2891 Oh, this is a, this is a demand zone. Everybody thinks it's
2892
2893 724
2894 00:50:08,640 ~-~-> 00:50:14,250
2895 an order block. And it starts to rally I get excited. We're
2896
2897 725
2898 00:50:14,250 ~-~-> 00:50:21,540
2899 looking at how the interbank price delivery is provided for
2900
2901 726
2902 00:50:21,540 ~-~-> 00:50:25,500
2903 our charts to show it as it's developing. Everything that
2904
2905 727
2906 00:50:25,500 ~-~-> 00:50:27,990
2907 happens in the marketplace is absolutely controlled. It's
2908
2909 728
2910 00:50:27,990 ~-~-> 00:50:30,690
2911 programmed, it's predetermined. It's just a matter of how
2912
2913 729
2914 00:50:30,690 ~-~-> 00:50:34,680
2915 much time is it going to be required to unfold? That's the
2916
2917 730
2918 00:50:34,680 ~-~-> 00:50:39,120
2919 variable. That's the thing that throws every trader and me
2920
2921 731
2922 00:50:39,150 ~-~-> 00:50:43,710
2923 off. The algorithm can stay in a state of consolidation
2924
2925 732
2926 00:50:43,710 ~-~-> 00:50:47,580
2927 longer than you're going to be comfortable with. And that's
2928
2929 733
2930 00:50:47,580 ~-~-> 00:50:50,550
2931 the reason why if you watch all my trade examples, I am
2932
2933 734
2934 00:50:50,550 ~-~-> 00:50:54,510
2935 never in a rush to move my stop. Because I understand that
2936
2937 735
2938 00:50:54,510 ~-~-> 00:50:59,100
2939 facet about the algorithm. The algorithm is I dubbed it as
2940
2941 736
2942 00:50:59,100 ~-~-> 00:51:02,520
2943 the interbank price. The Every algorithm ellipta Okay, I
2944
2945 737
2946 00:51:02,520 ~-~-> 00:51:09,000
2947 PDA. That is what causes these markets to go up and down.
2948
2949 738
2950 00:51:09,240 ~-~-> 00:51:11,970
2951 It's not buying sell pressure, it's not supplying demand.
2952
2953 739
2954 00:51:12,240 ~-~-> 00:51:14,820
2955 It's not your patterns. It's not nothing harmonic. Okay?
2956
2957 740
2958 00:51:14,820 ~-~-> 00:51:16,800
2959 There's instances where you can look back and say, Oh, yeah,
2960
2961 741
2962 00:51:16,800 ~-~-> 00:51:19,140
2963 that looks like it. But I've already made this argument
2964
2965 742
2966 00:51:19,140 ~-~-> 00:51:25,710
2967 before. Try to use every theology that you understand in
2968
2969 743
2970 00:51:25,710 ~-~-> 00:51:29,910
2971 these big moves. And not all of them are going to agree. If
2972
2973 744
2974 00:51:29,910 ~-~-> 00:51:32,490
2975 it was true, if that's what these markets were working off
2976
2977 745
2978 00:51:32,490 ~-~-> 00:51:36,150
2979 of, all of them should agree. They don't harmonic won't line
2980
2981 746
2982 00:51:36,150 ~-~-> 00:51:38,100
2983 up with Elliot wave. Elliott Wave won't line up with Dow
2984
2985 747
2986 00:51:38,100 ~-~-> 00:51:40,650
2987 Theory, Dow Theory won't line up with supply and demand, all
2988
2989 748
2990 00:51:40,650 ~-~-> 00:51:46,080
2991 these things. They're going to come in and out of favor. And
2992
2993 749
2994 00:51:46,080 ~-~-> 00:51:49,170
2995 no one's in over the course of history ever sat down and
2996
2997 750
2998 00:51:49,170 ~-~-> 00:51:52,830
2999 said, Well, how is it that the market knows which one to
3000
3001 751
3002 00:51:52,830 ~-~-> 00:51:56,190
3003 choose? It's going to follow today. We're this week or the
3004
3005 752
3006 00:51:56,190 ~-~-> 00:52:00,000
3007 next three months. What discipline of trading is the market
3008
3009 753
3010 00:52:00,000 ~-~-> 00:52:05,490
3011 Using now, when it's neither the supply and demand, Elliot
3012
3013 754
3014 00:52:05,490 ~-~-> 00:52:08,970
3015 wave, doubt and none of that stuff, it's not any of those
3016
3017 755
3018 00:52:08,970 ~-~-> 00:52:13,890
3019 things. It's what I have been teaching since 1996, that they
3020
3021 756
3022 00:52:13,890 ~-~-> 00:52:17,790
3023 are programmed and they're delivered with a premeditated
3024
3025 757
3026 00:52:17,790 ~-~-> 00:52:21,360
3027 idea of where it's going to go. And if you understand these
3028
3029 758
3030 00:52:21,360 ~-~-> 00:52:26,490
3031 signatures in price action, you can forecast with a great
3032
3033 759
3034 00:52:26,490 ~-~-> 00:52:31,170
3035 deal of precision where it's going to go and then use other
3036
3037 760
3038 00:52:31,170 ~-~-> 00:52:33,420
3039 tools that I've made freely available on this YouTube
3040
3041 761
3042 00:52:33,420 ~-~-> 00:52:38,100
3043 channel and operate with a level of precision that is on
3044
3045 762
3046 00:52:38,460 ~-~-> 00:52:44,730
3047 matched in any other trading discipline period. Done. Now,
3048
3049 763
3050 00:52:45,990 ~-~-> 00:52:49,350
3051 with that said, and with these levels here on the chart, I'm
3052
3053 764
3054 00:52:49,350 ~-~-> 00:52:51,420
3055 going to zoom in and now talk a little bit about what I
3056
3057 765
3058 00:52:51,420 ~-~-> 00:52:54,150
3059 hinted at on my community tab. So I got to zoom in here and
3060
3061 766
3062 00:52:54,150 ~-~-> 00:53:00,000
3063 get this chart to show what I wanted to focus in on Alright,
3064
3065 767
3066 00:53:00,000 ~-~-> 00:53:05,160
3067 And I'm going to ask you to work with me here and not pay so
3068
3069 768
3070 00:53:05,160 ~-~-> 00:53:06,840
3071 much attention to these daily dividers here because it's
3072
3073 769
3074 00:53:06,840 ~-~-> 00:53:10,470
3075 only showing August 31 and the first of September. That's
3076
3077 770
3078 00:53:10,470 ~-~-> 00:53:12,210
3079 what's delineating. You'll see when we drop down to a lower
3080
3081 771
3082 00:53:12,210 ~-~-> 00:53:16,320
3083 timeframe, but what I want you to look at is this candles
3084
3085 772
3086 00:53:16,320 ~-~-> 00:53:19,830
3087 low, okay, which is right there. Then we had this candle
3088
3089 773
3090 00:53:19,830 ~-~-> 00:53:25,590
3091 here drop down and hit the first time hit that high end of
3092
3093 774
3094 00:53:25,590 ~-~-> 00:53:27,990
3095 that fair value got that told you that we were looking for,
3096
3097 775
3098 00:53:27,990 ~-~-> 00:53:31,770
3099 for it to trade down into for longer term trade. And then
3100
3101 776
3102 00:53:31,800 ~-~-> 00:53:37,830
3103 here on the 31st, we traded down. And before we went down,
3104
3105 777
3106 00:53:37,830 ~-~-> 00:53:41,910
3107 we went back up into this low. So this is what I teach as a
3108
3109 778
3110 00:53:41,940 ~-~-> 00:53:45,540
3111 immediate rebalance. Oh, Michael, you're giving away
3112
3113 779
3114 00:53:45,540 ~-~-> 00:53:48,270
3115 mentorship? No, I'm not because I can talk about this and
3116
3117 780
3118 00:53:48,270 ~-~-> 00:53:50,160
3119 it's still going to be useless to the people that just
3120
3121 781
3122 00:53:50,160 ~-~-> 00:53:53,400
3123 simply watch the video and have not been mentored. Okay.
3124
3125 782
3126 00:53:53,640 ~-~-> 00:53:57,600
3127 It's like showing you an X, okay? And saying, Okay, look at
3128
3129 783
3130 00:53:57,600 ~-~-> 00:54:01,290
3131 this x right here. I own this x and I In this x, I own this
3132
3133 784
3134 00:54:01,290 ~-~-> 00:54:03,600
3135 x, and I pick it up and I throw it at a tree and it sticks
3136
3137 785
3138 00:54:03,600 ~-~-> 00:54:07,020
3139 it the first time. What's the likelihood of someone going
3140
3141 786
3142 00:54:07,020 ~-~-> 00:54:10,410
3143 over and grabbing an X out of the choices, I lay in front of
3144
3145 787
3146 00:54:10,410 ~-~-> 00:54:12,840
3147 them, picking it up and throwing it hidden in sticking in a
3148
3149 788
3150 00:54:12,840 ~-~-> 00:54:18,000
3151 tree? Probably very low. And it's not because I'm trying to
3152
3153 789
3154 00:54:18,000 ~-~-> 00:54:21,630
3155 tease anyone, I'm just showing that I could literally put
3156
3157 790
3158 00:54:21,630 ~-~-> 00:54:25,290
3159 this stuff on YouTube. Okay, and unless you're trained by
3160
3161 791
3162 00:54:25,290 ~-~-> 00:54:29,880
3163 me, it's not going to work for you. Like every other
3164
3165 792
3166 00:54:29,880 ~-~-> 00:54:33,330
3167 discipline in trading, you have to understand why the
3168
3169 793
3170 00:54:33,330 ~-~-> 00:54:36,750
3171 markets going to where it's going. That is a development.
3172
3173 794
3174 00:54:37,380 ~-~-> 00:54:40,440
3175 That's a an understanding that comes with time, that is
3176
3177 795
3178 00:54:40,440 ~-~-> 00:54:45,660
3179 mentorship. You just can't watch videos. Okay, and say I
3180
3181 796
3182 00:54:45,660 ~-~-> 00:54:49,020
3183 have it all now. It's the length of time that you work with
3184
3185 797
3186 00:54:49,050 ~-~-> 00:54:53,010
3187 under tutelage, saying, Okay, this is what should work right
3188
3189 798
3190 00:54:53,010 ~-~-> 00:54:55,470
3191 now. This is where it should go. This is how it should
3192
3193 799
3194 00:54:55,470 ~-~-> 00:54:58,800
3195 develop. This is how it should post on your chart and having
3196
3197 800
3198 00:54:58,800 ~-~-> 00:55:04,980
3199 someone that can do it. Namely me that is being mentored.
3200
3201 801
3202 00:55:05,460 ~-~-> 00:55:09,240
3203 Okay. That's how you use the tools properly. You're coached
3204
3205 802
3206 00:55:09,240 ~-~-> 00:55:12,690
3207 along the way to focus in this environment trying to focus
3208
3209 803
3210 00:55:12,750 ~-~-> 00:55:17,040
3211 only on this outcome. And then you force yourself to train
3212
3213 804
3214 00:55:17,040 ~-~-> 00:55:20,970
3215 with discipline and only working in that context over time.
3216
3217 805
3218 00:55:22,080 ~-~-> 00:55:26,100
3219 By doing that, everyone finds their own unique niche with
3220
3221 806
3222 00:55:26,100 ~-~-> 00:55:30,390
3223 this content is weird as that sounds, it should be I know
3224
3225 807
3226 00:55:30,390 ~-~-> 00:55:32,370
3227 what some of your thinking or but probably majority of you,
3228
3229 808
3230 00:55:33,180 ~-~-> 00:55:35,340
3231 if you go through my YouTube channel, or if you go through
3232
3233 809
3234 00:55:35,340 ~-~-> 00:55:38,460
3235 my mentorship, everybody should have the same cookie cutter
3236
3237 810
3238 00:55:38,460 ~-~-> 00:55:43,200
3239 approach training, or trading concept or method or plan, and
3240
3241 811
3242 00:55:43,200 ~-~-> 00:55:47,970
3243 they all get the same results. And that's not true. It's not
3244
3245 812
3246 00:55:47,970 ~-~-> 00:55:51,690
3247 true. Because all of us have a preconceived idea about what
3248
3249 813
3250 00:55:51,690 ~-~-> 00:55:55,380
3251 is successful, what makes you successful in trading. If you
3252
3253 814
3254 00:55:55,380 ~-~-> 00:55:57,990
3255 make this much money a week if you make this much money a
3256
3257 815
3258 00:55:57,990 ~-~-> 00:56:01,710
3259 year if you earn this many pips in a week I don't think like
3260
3261 816
3262 00:56:01,710 ~-~-> 00:56:05,640
3263 that. I don't think like that. And I probably don't have
3264
3265 817
3266 00:56:07,260 ~-~-> 00:56:11,130
3267 three or four dozen of my students that would even say I
3268
3269 818
3270 00:56:11,130 ~-~-> 00:56:13,200
3271 agree with that thought process either. They all have a
3272
3273 819
3274 00:56:13,200 ~-~-> 00:56:16,380
3275 different way of interpreting it. And it is weird and as
3276
3277 820
3278 00:56:17,400 ~-~-> 00:56:21,090
3279 unlikely as it sounds, it is true, you're going to be able
3280
3281 821
3282 00:56:21,090 ~-~-> 00:56:25,560
3283 to see how many setups exist in the marketplace, with the
3284
3285 822
3286 00:56:25,560 ~-~-> 00:56:28,380
3287 things that I teach, and you can literally carve out your
3288
3289 823
3290 00:56:28,410 ~-~-> 00:56:33,540
3291 own way of doing it. I have people in my mentorship that
3292
3293 824
3294 00:56:33,540 ~-~-> 00:56:35,910
3295 when they sit down and they make it a charter level, and
3296
3297 825
3298 00:56:35,940 ~-~-> 00:56:38,970
3299 they sit down and say, Hey, this is what I'm doing. And I
3300
3301 826
3302 00:56:38,970 ~-~-> 00:56:41,850
3303 use this, this, this and this, and I never touched this,
3304
3305 827
3306 00:56:41,850 ~-~-> 00:56:45,570
3307 this and all the other stuff, and they are consistently able
3308
3309 828
3310 00:56:45,570 ~-~-> 00:56:49,260
3311 to find the next move, frame risk and their targets are
3312
3313 829
3314 00:56:49,260 ~-~-> 00:56:56,370
3315 hitting. Now. That same individual cannot go back into my
3316
3317 830
3318 00:56:56,370 ~-~-> 00:56:59,940
3319 mentorship and say, Michael spelled this exact model out
3320
3321 831
3322 00:57:00,000 ~-~-> 00:57:04,110
3323 With this, this, this this this, all they did was they seen
3324
3325 832
3326 00:57:04,140 ~-~-> 00:57:06,960
3327 what time of day, what day of the week, what time of the
3328
3329 833
3330 00:57:06,960 ~-~-> 00:57:09,870
3331 year, what specific market, they like to trade in what
3332
3333 834
3334 00:57:09,870 ~-~-> 00:57:12,570
3335 characteristics and signatures that I taught conceptually in
3336
3337 835
3338 00:57:12,570 ~-~-> 00:57:16,230
3339 module II, and they put them together that makes sense for
3340
3341 836
3342 00:57:16,230 ~-~-> 00:57:18,690
3343 their individual personality.
3344
3345 837
3346 00:57:20,429 ~-~-> 00:57:24,449
3347 That's how much opportunity these markets have. But you are
3348
3349 838
3350 00:57:24,449 ~-~-> 00:57:28,139
3351 all just like I was in the 90s are being distracted from the
3352
3353 839
3354 00:57:28,139 ~-~-> 00:57:32,159
3355 very truths that are in price. Because you're looking at all
3356
3357 840
3358 00:57:32,159 ~-~-> 00:57:34,889
3359 these other things, and you're so busy trying to defend it
3360
3361 841
3362 00:57:34,889 ~-~-> 00:57:38,609
3363 against people like me. That's what I've done for years.
3364
3365 842
3366 00:57:38,819 ~-~-> 00:57:42,809
3367 I've enjoyed as mean as it may sound. I have enjoyed
3368
3369 843
3370 00:57:43,109 ~-~-> 00:57:46,379
3371 trolling other people with these ideas that this is why they
3372
3373 844
3374 00:57:46,379 ~-~-> 00:57:48,689
3375 think the market trades like this or that and it's nowhere
3376
3377 845
3378 00:57:48,689 ~-~-> 00:57:53,189
3379 near like that. None of that stuff is real. It's not because
3380
3381 846
3382 00:57:53,189 ~-~-> 00:57:55,889
3383 if it was real, it would be so consistent it would be 90
3384
3385 847
3386 00:57:55,889 ~-~-> 00:58:01,259
3387 plus percent accurate. Like my stuff is now I'm teaching
3388
3389 848
3390 00:58:01,499 ~-~-> 00:58:06,089
3391 here how prices really book and the story, there's no fluff
3392
3393 849
3394 00:58:06,089 ~-~-> 00:58:09,119
3395 to it at all. Okay, the markets weak it's going to draw to a
3396
3397 850
3398 00:58:09,119 ~-~-> 00:58:12,299
3399 discount. What's the discount? These two levels in here?
3400
3401 851
3402 00:58:12,779 ~-~-> 00:58:16,439
3403 Okay, around these two levels, what's the lowest Red Line
3404
3405 852
3406 00:58:16,499 ~-~-> 00:58:21,959
3407 9192 that's below 92. Big finger. So 9192 is essentially
3408
3409 853
3410 00:58:21,989 ~-~-> 00:58:26,249
3411 eight pips below the big figure 92. I mentioned earlier as I
3412
3413 854
3414 00:58:26,249 ~-~-> 00:58:30,029
3415 teach this to whenever price trades through a figure
3416
3417 855
3418 00:58:30,689 ~-~-> 00:58:34,109
3419 anticipated not stopping directly at the whole number. Okay,
3420
3421 856
3422 00:58:34,319 ~-~-> 00:58:37,889
3423 if there's nothing psychological about these levels, they
3424
3425 857
3426 00:58:37,889 ~-~-> 00:58:41,129
3427 are mislabeled by everyone by saying it's a psychological
3428
3429 858
3430 00:58:41,129 ~-~-> 00:58:44,909
3431 level. No. This is where large orders of commerce are
3432
3433 859
3434 00:58:44,909 ~-~-> 00:58:47,639
3435 grouped around. Okay, so when there's global commerce that
3436
3437 860
3438 00:58:47,639 ~-~-> 00:58:52,109
3439 come into the marketplace, they're just many times forced
3440
3441 861
3442 00:58:52,109 ~-~-> 00:58:56,729
3443 around these levels. So that is the the the, the real
3444
3445 862
3446 00:58:56,729 ~-~-> 00:58:59,429
3447 reasons why they're reacting as they are because there's
3448
3449 863
3450 00:58:59,429 ~-~-> 00:59:03,269
3451 liquidity placed at or just above or below these levels,
3452
3453 864
3454 00:59:03,299 ~-~-> 00:59:05,939
3455 because they're just pre-determined orders, they know they
3456
3457 865
3458 00:59:05,939 ~-~-> 00:59:08,909
3459 have to buy a certain number of currency or sell a certain
3460
3461 866
3462 00:59:08,909 ~-~-> 00:59:11,189
3463 number of currencies for a large corporation, like for
3464
3465 867
3466 00:59:11,189 ~-~-> 00:59:14,819
3467 instance, Microsoft, okay? Microsoft wants to do business in
3468
3469 868
3470 00:59:15,779 ~-~-> 00:59:21,389
3471 Canadian dollars, okay, and they are operating in Canada,
3472
3473 869
3474 00:59:21,839 ~-~-> 00:59:25,109
3475 they have to turn their dollars into Canadian dollars. And
3476
3477 870
3478 00:59:25,289 ~-~-> 00:59:28,979
3479 when those large orders come through and the banks have to
3480
3481 871
3482 00:59:29,369 ~-~-> 00:59:33,119
3483 do that transaction for Microsoft, that this spit it out and
3484
3485 872
3486 00:59:33,119 ~-~-> 00:59:35,459
3487 around that level unless Microsoft comes in and says, look,
3488
3489 873
3490 00:59:35,459 ~-~-> 00:59:41,459
3491 we have to have it at this level or close to it. It's an
3492
3493 874
3494 00:59:41,459 ~-~-> 00:59:44,009
3495 oversimplification of the idea, but there's nothing really
3496
3497 875
3498 00:59:44,009 ~-~-> 00:59:47,459
3499 psychological about the whole numbers. Okay, it's around
3500
3501 876
3502 00:59:47,459 ~-~-> 00:59:54,419
3503 commerce. So let's segue into the five minute discussion and
3504
3505 877
3506 00:59:54,419 ~-~-> 00:59:56,729
3507 bring this because I'm on a roll obviously can hear me going
3508
3509 878
3510 00:59:56,729 ~-~-> 00:59:58,679
3511 and maybe I'm going a little too fast and maybe a lot of
3512
3513 879
3514 00:59:58,679 ~-~-> 01:00:00,869
3515 this going rate of your head, but the haven't talked a lot
3516
3517 880
3518 01:00:01,289 ~-~-> 01:00:05,249
3519 recently, so have a lot of pent up energy. So I want you to
3520
3521 881
3522 01:00:05,249 ~-~-> 01:00:10,379
3523 again remember this low here and how this candle traded up
3524
3525 882
3526 01:00:10,409 ~-~-> 01:00:13,139
3527 into that low you can see that little blue line here. And
3528
3529 883
3530 01:00:13,139 ~-~-> 01:00:15,539
3531 this next little blue line that creates this candle is high.
3532
3533 884
3534 01:00:15,959 ~-~-> 01:00:19,919
3535 Okay, yesterday's high the 31st of August. It'll be very
3536
3537 885
3538 01:00:19,919 ~-~-> 01:00:22,289
3539 clear as to what that is. But before I do it, before I drop
3540
3541 886
3542 01:00:22,289 ~-~-> 01:00:24,779
3543 down the lower timeframes, I want you to think about this
3544
3545 887
3546 01:00:24,809 ~-~-> 01:00:30,299
3547 big down close candle. All right, if you're bearish, okay,
3548
3549 888
3550 01:00:30,299 ~-~-> 01:00:32,339
3551 if you're bearish, I'm going to give you a golden nugget
3552
3553 889
3554 01:00:32,339 ~-~-> 01:00:36,539
3555 right now. If you have a bias that is leading to you
3556
3557 890
3558 01:00:36,569 ~-~-> 01:00:39,809
3559 believing that the price is going to be going lower, okay,
3560
3561 891
3562 01:00:39,899 ~-~-> 01:00:44,459
3563 over the course of the next day or days, or even weeks. If
3564
3565 892
3566 01:00:44,459 ~-~-> 01:00:49,349
3567 you have a big down close candle or a bearish candle, the
3568
3569 893
3570 01:00:49,409 ~-~-> 01:00:53,579
3571 opportunities that exist at the midpoint of that candle and
3572
3573 894
3574 01:00:53,579 ~-~-> 01:00:58,439
3575 to the low. That's your sweet spot. And what I mean by that
3576
3577 895
3578 01:00:59,309 ~-~-> 01:01:02,639
3579 if the markets go Lower Okay, many times you'll see how like
3580
3581 896
3582 01:01:02,639 ~-~-> 01:01:06,539
3583 it does here. And like it does on this candle here where we
3584
3585 897
3586 01:01:06,539 ~-~-> 01:01:08,789
3587 have a down close candle. If we're bearish the next candle
3588
3589 898
3590 01:01:08,789 ~-~-> 01:01:14,369
3591 here, it trades up into the previous day's candle. But
3592
3593 899
3594 01:01:14,549 ~-~-> 01:01:20,159
3595 working specifically at the 50% of the candle and too low.
3596
3597 900
3598 01:01:20,309 ~-~-> 01:01:24,179
3599 So the next continuation is going to occur there. Over here,
3600
3601 901
3602 01:01:24,359 ~-~-> 01:01:27,719
3603 same thing, looking at the bodies, we have a down closed
3604
3605 902
3606 01:01:27,719 ~-~-> 01:01:30,779
3607 candle. Next one here we trade up into and we even cross
3608
3609 903
3610 01:01:30,779 ~-~-> 01:01:34,619
3611 through into the volume and bounce right there. It doesn't
3612
3613 904
3614 01:01:34,619 ~-~-> 01:01:38,339
3615 completely close it in no next candle here it closes down.
3616
3617 905
3618 01:01:38,429 ~-~-> 01:01:42,179
3619 So we used 50% of the candle into the low. So the next sell
3620
3621 906
3622 01:01:42,179 ~-~-> 01:01:44,729
3623 scenario for the next trading day is here. It's going to
3624
3625 907
3626 01:01:44,729 ~-~-> 01:01:49,259
3627 occur within the range between the 50% or the low of that
3628
3629 908
3630 01:01:49,259 ~-~-> 01:01:53,819
3631 previous down close candle. So why is that important? Over
3632
3633 909
3634 01:01:53,819 ~-~-> 01:01:56,579
3635 here and I teach this it's I'm not making this up to make it
3636
3637 910
3638 01:01:56,579 ~-~-> 01:02:00,389
3639 fit folks this my students know this and I'm giving for
3640
3641 911
3642 01:02:00,389 ~-~-> 01:02:04,469
3643 free, and even with that little nugget, if you go back and
3644
3645 912
3646 01:02:04,469 ~-~-> 01:02:07,559
3647 look at your trades you lost money on. That's going to be a
3648
3649 913
3650 01:02:07,559 ~-~-> 01:02:11,969
3651 huge revelation. You're like, ah, if I just wouldn't exactly
3652
3653 914
3654 01:02:12,810 ~-~-> 01:02:14,670
3655 that's what it's like when you have a real mentor folks.
3656
3657 915
3658 01:02:14,790 ~-~-> 01:02:17,370
3659 Okay, cuz anyway, we have a down close candle split in half
3660
3661 916
3662 01:02:17,850 ~-~-> 01:02:21,900
3663 from that range right here on camera, eyeballing it, okay
3664
3665 917
3666 01:02:21,900 ~-~-> 01:02:25,290
3667 from this level here down to the low. So next candle that
3668
3669 918
3670 01:02:25,290 ~-~-> 01:02:28,890
3671 opens, it can trade up not to the 50% and higher. That's,
3672
3673 919
3674 01:02:29,160 ~-~-> 01:02:31,410
3675 that's not an ideal scenario, but we want to see the sell
3676
3677 920
3678 01:02:31,410 ~-~-> 01:02:34,530
3679 scenario that would lead to lower prices formed between the
3680
3681 921
3682 01:02:34,530 ~-~-> 01:02:36,750
3683 midpoint of the candle to the low. Okay, so in other words,
3684
3685 922
3686 01:02:36,750 ~-~-> 01:02:39,330
3687 what's happening is the algorithm knows the previous day's
3688
3689 923
3690 01:02:39,330 ~-~-> 01:02:44,850
3691 range, and it divides it in half, and that low on this
3692
3693 924
3694 01:02:44,850 ~-~-> 01:02:48,330
3695 candle to that midpoint of that candle. That's the operating
3696
3697 925
3698 01:02:48,330 ~-~-> 01:02:51,570
3699 range that the macro will work within. What do I mean by
3700
3701 926
3702 01:02:51,570 ~-~-> 01:02:55,080
3703 that? The delivery will start on this candle open and trade
3704
3705 927
3706 01:02:55,110 ~-~-> 01:02:59,310
3707 up into the range of half to the low of the previous candle.
3708
3709 928
3710 01:03:00,300 ~-~-> 01:03:02,700
3711 Because that's where your setup is going to be right away,
3712
3713 929
3714 01:03:02,730 ~-~-> 01:03:06,630
3715 you have a huge advantage right there. When we drop down the
3716
3717 930
3718 01:03:06,630 ~-~-> 01:03:08,910
3719 lower timeframes, I'm going to go right into a 15 minute
3720
3721 931
3722 01:03:08,910 ~-~-> 01:03:11,820
3723 timeframe. And you'll see that this candles low is the lower
3724
3725 932
3726 01:03:11,820 ~-~-> 01:03:14,760
3727 of the blue line. And then this candle here, right here that
3728
3729 933
3730 01:03:14,760 ~-~-> 01:03:17,070
3731 will be in the bearish order block that everybody's familiar
3732
3733 934
3734 01:03:17,070 ~-~-> 01:03:20,010
3735 with. Okay, so let's do that. Let's drop down and remember
3736
3737 935
3738 01:03:20,010 ~-~-> 01:03:21,870
3739 all these levels here and this little green line here.
3740
3741 936
3742 01:03:21,870 ~-~-> 01:03:26,310
3743 That's the 80 level 9180. As you can see right there, so
3744
3745 937
3746 01:03:26,310 ~-~-> 01:03:29,040
3747 let's drop down to a 15 minute timeframe. Alright, so here's
3748
3749 938
3750 01:03:29,040 ~-~-> 01:03:31,680
3751 the 15 minute time frame, we're focusing on the 31st of
3752
3753 939
3754 01:03:31,680 ~-~-> 01:03:36,540
3755 August, and the five minute fractal that I was showing is
3756
3757 940
3758 01:03:36,570 ~-~-> 01:03:41,760
3759 all of this. Okay, all of this right here is a market maker
3760
3761 941
3762 01:03:41,790 ~-~-> 01:03:46,920
3763 sell model. So from here to here, down to here, that is a
3764
3765 942
3766 01:03:46,920 ~-~-> 01:03:50,730
3767 five minute ICT market maker sell model. It's not wycoff.
3768
3769 943
3770 01:03:51,090 ~-~-> 01:03:54,750
3771 It's not harmonic. It's not dow it's not anything, okay.
3772
3773 944
3774 01:03:54,750 ~-~-> 01:03:57,210
3775 It's exactly how I teach it. I'm gonna give you some of the
3776
3777 945
3778 01:03:57,210 ~-~-> 01:04:00,660
3779 signatures here and shows you the contrast of why It's so
3780
3781 946
3782 01:04:00,660 ~-~-> 01:04:05,790
3783 perfect compared to everything else. So now, we had price
3784
3785 947
3786 01:04:05,820 ~-~-> 01:04:10,830
3787 trading on the 31st, it starts right away higher, and trades
3788
3789 948
3790 01:04:10,830 ~-~-> 01:04:14,970
3791 up into that first lower level blow, which is over here.
3792
3793 949
3794 01:04:15,720 ~-~-> 01:04:17,850
3795 Remember, I told you the lower of the blue lines, rewind the
3796
3797 950
3798 01:04:17,850 ~-~-> 01:04:19,470
3799 video for a couple seconds, and you'll see what I'm
3800
3801 951
3802 01:04:19,470 ~-~-> 01:04:21,780
3803 referring to before we transition to the 15 minute chart. If
3804
3805 952
3806 01:04:21,780 ~-~-> 01:04:24,630
3807 you'd lost track of what this level is, that's that previous
3808
3809 953
3810 01:04:24,630 ~-~-> 01:04:28,530
3811 low. And in that higher blue line, I told you that would be
3812
3813 954
3814 01:04:28,530 ~-~-> 01:04:32,100
3815 a 15 minute bearish order block relative equal highs. So
3816
3817 955
3818 01:04:32,250 ~-~-> 01:04:36,900
3819 it's trading back up into that low here and then stretching
3820
3821 956
3822 01:04:36,900 ~-~-> 01:04:40,650
3823 beyond because it has to get above these levels here to take
3824
3825 957
3826 01:04:40,650 ~-~-> 01:04:43,980
3827 out that liquidity. What liquidity rests above that, by side
3828
3829 958
3830 01:04:43,980 ~-~-> 01:04:47,910
3831 liquidity. What does that mean by stops? Anyone that's going
3832
3833 959
3834 01:04:47,910 ~-~-> 01:04:51,390
3835 short, that's trailed their stop loss. They feel comfortable
3836
3837 960
3838 01:04:51,390 ~-~-> 01:04:54,930
3839 with placing their buy stop here. As prices broke down. They
3840
3841 961
3842 01:04:54,930 ~-~-> 01:04:57,300
3843 think that this is where the logical level would be to put
3844
3845 962
3846 01:04:57,300 ~-~-> 01:04:59,700
3847 their protective stop loss. And when you know what, that's
3848
3849 963
3850 01:04:59,700 ~-~-> 01:05:01,620
3851 exactly The market goes and if you've been trading with live
3852
3853 964
3854 01:05:01,620 ~-~-> 01:05:04,380
3855 funds, you know exactly what that feels like. I'm teaching
3856
3857 965
3858 01:05:04,380 ~-~-> 01:05:08,550
3859 you how to avoid that and and more specifically how to use
3860
3861 966
3862 01:05:08,550 ~-~-> 01:05:13,260
3863 it to frame your entries and manage your stops. Last upclose
3864
3865 967
3866 01:05:13,260 ~-~-> 01:05:17,400
3867 candle in this price swing, that opening price. Okay, you're
3868
3869 968
3870 01:05:17,400 ~-~-> 01:05:20,490
3871 gonna look at this figure right here. The opening price on
3872
3873 969
3874 01:05:20,490 ~-~-> 01:05:27,240
3875 that candle is 9248. Okay. 9248 price trades right up into
3876
3877 970
3878 01:05:27,240 ~-~-> 01:05:30,270
3879 that. What's the high of this candle? You looking at it
3880
3881 971
3882 01:05:30,270 ~-~-> 01:05:35,670
3883 right here. Okay. 9248 now I asked you something. Is that
3884
3885 972
3886 01:05:35,670 ~-~-> 01:05:43,320
3887 close? Is that within an earshot? Again, I know I'm being
3888
3889 973
3890 01:05:43,320 ~-~-> 01:05:46,800
3891 facetious. It's perfect, folks. It's absolutely to the PIP.
3892
3893 974
3894 01:05:46,920 ~-~-> 01:05:50,220
3895 You cannot get any better than that. It's absolutely
3896
3897 975
3898 01:05:50,220 ~-~-> 01:05:56,640
3899 impossible for you to improve upon this zero potential to
3900
3901 976
3902 01:05:56,640 ~-~-> 01:06:01,980
3903 improve upon trades. Up to that level, and then start to
3904
3905 977
3906 01:06:01,980 ~-~-> 01:06:05,460
3907 break down that candle is your Smart Money reversal. Now you
3908
3909 978
3910 01:06:05,460 ~-~-> 01:06:08,400
3911 have to look for your low risk cell. Where does that occur?
3912
3913 979
3914 01:06:08,940 ~-~-> 01:06:13,290
3915 Well, as you see price going up, this is the curve. Okay.
3916
3917 980
3918 01:06:13,290 ~-~-> 01:06:14,760
3919 And I taught this in the last video where I was
3920
3921 981
3922 01:06:14,820 ~-~-> 01:06:20,820
3923 differentiating my concepts versus that of wycoff. If wycoff
3924
3925 982
3926 01:06:20,820 ~-~-> 01:06:24,180
3927 was alive, wycoff would be my student. And I knew that
3928
3929 983
3930 01:06:24,180 ~-~-> 01:06:25,830
3931 probably killed a lot of you right now. And you probably
3932
3933 984
3934 01:06:25,830 ~-~-> 01:06:27,780
3935 just want to turn the video off, but that's the truth,
3936
3937 985
3938 01:06:27,780 ~-~-> 01:06:31,050
3939 folks, okay, because what I'm sharing here, isn't found
3940
3941 986
3942 01:06:31,050 ~-~-> 01:06:33,930
3943 anywhere else. And they copy me by saying those things Oh,
3944
3945 987
3946 01:06:33,930 ~-~-> 01:06:35,610
3947 this is taught nowhere else, but it's my stuff.
3948
3949 988
3950 01:06:37,079 ~-~-> 01:06:39,599
3951 If you look at the precision that I'm showing you here, it's
3952
3953 989
3954 01:06:39,629 ~-~-> 01:06:44,369
3955 undeniable, absolutely undeniable, but every movement of
3956
3957 990
3958 01:06:44,369 ~-~-> 01:06:48,059
3959 price where it's down in order to download candles prior to
3960
3961 991
3962 01:06:48,059 ~-~-> 01:06:51,329
3963 the Smart Money reversal, where the curve changes from buy
3964
3965 992
3966 01:06:51,329 ~-~-> 01:06:56,579
3967 side to sell side, all the down close candles, match that up
3968
3969 993
3970 01:06:56,609 ~-~-> 01:07:01,139
3971 with a move on the right side of the highest candle Hear No
3972
3973 994
3974 01:07:01,139 ~-~-> 01:07:03,149
3975 words at the Smart Money reversal or the market maker sell
3976
3977 995
3978 01:07:03,149 ~-~-> 01:07:05,369
3979 model. If you're new, this is your first time watching this
3980
3981 996
3982 01:07:05,369 ~-~-> 01:07:09,749
3983 video with as never been a student of mine ever watched any
3984
3985 997
3986 01:07:09,749 ~-~-> 01:07:13,349
3987 other videos in my YouTube library, this parts going right
3988
3989 998
3990 01:07:13,349 ~-~-> 01:07:15,929
3991 over your head. But I promise you if you go through the
3992
3993 999
3994 01:07:15,989 ~-~-> 01:07:18,899
3995 other series in this YouTube channel, you'll know what I'm
3996
3997 1000
3998 01:07:18,899 ~-~-> 01:07:22,259
3999 talking about when I say market maker by model so models but
4000
4001 1001
4002 01:07:22,859 ~-~-> 01:07:25,799
4003 to the right of this candle, everything that is short has to
4004
4005 1002
4006 01:07:25,799 ~-~-> 01:07:29,819
4007 match up with what was a down closed candle on this side.
4008
4009 1003
4010 01:07:30,329 ~-~-> 01:07:35,429
4011 Okay, that's not wycoff it matches perfectly. This was one
4012
4013 1004
4014 01:07:35,429 ~-~-> 01:07:40,439
4015 of the reasons that I just said there's no way that everyone
4016
4017 1005
4018 01:07:40,439 ~-~-> 01:07:43,949
4019 sees the same thing and lines up with support resistance
4020
4021 1006
4022 01:07:44,069 ~-~-> 01:07:49,319
4023 harmonic. You know, Elliott Wave, all these ideas, okay,
4024
4025 1007
4026 01:07:49,709 ~-~-> 01:07:56,609
4027 that were supposedly explaining away how price moves. Wasn't
4028
4029 1008
4030 01:07:56,759 ~-~-> 01:07:59,969
4031 it didn't jive. There wasn't there was not it was nonsense.
4032
4033 1009
4034 01:07:59,999 ~-~-> 01:08:04,499
4035 It's absolute nonsense. So when you look at the level of
4036
4037 1010
4038 01:08:04,499 ~-~-> 01:08:07,379
4039 precision that's coming, and I'm gonna, I'm not done. But
4040
4041 1011
4042 01:08:07,469 ~-~-> 01:08:12,389
4043 when we anticipate lower prices, I am looking for the market
4044
4045 1012
4046 01:08:12,389 ~-~-> 01:08:17,039
4047 maker sell model. Okay, that's the, that's the thing I'm
4048
4049 1013
4050 01:08:17,039 ~-~-> 01:08:22,169
4051 looking for in my setups. So if I'm bearish, I'm looking for
4052
4053 1014
4054 01:08:22,199 ~-~-> 01:08:26,219
4055 this pattern. Okay, wherever the original consolidation is,
4056
4057 1015
4058 01:08:26,969 ~-~-> 01:08:29,669
4059 I'm selling With that in mind, and then I'll leave something
4060
4061 1016
4062 01:08:29,669 ~-~-> 01:08:34,949
4063 on to capture any runners that would hopefully develop. So
4064
4065 1017
4066 01:08:34,949 ~-~-> 01:08:37,769
4067 if you're looking for this pattern, or fractal to form in a
4068
4069 1018
4070 01:08:37,769 ~-~-> 01:08:41,759
4071 bearish environment, you have a real likelihood to catch a
4072
4073 1019
4074 01:08:41,759 ~-~-> 01:08:44,009
4075 runner because you're just getting in sync with the move,
4076
4077 1020
4078 01:08:44,939 ~-~-> 01:08:48,419
4079 which is the algorithmic repricing to this fair value gap.
4080
4081 1021
4082 01:08:48,899 ~-~-> 01:08:52,259
4083 That's what this level is here. In here. These do these big
4084
4085 1022
4086 01:08:52,259 ~-~-> 01:08:55,289
4087 thick red lines. I made them that way. So that way, when we
4088
4089 1023
4090 01:08:55,289 ~-~-> 01:08:57,479
4091 dropped down the lower timeframe, that's that range. I said
4092
4093 1024
4094 01:08:57,479 ~-~-> 01:09:00,749
4095 it would reach down into and it went below that To figure
4096
4097 1025
4098 01:09:01,199 ~-~-> 01:09:04,289
4099 and here's the ad level. Okay. 9180 look at the respect it's
4100
4101 1026
4102 01:09:04,289 ~-~-> 01:09:07,649
4103 having in that level, then it repriced higher. But more
4104
4105 1027
4106 01:09:07,649 ~-~-> 01:09:10,109
4107 specifically, I gave you a fractal and asked you what do you
4108
4109 1028
4110 01:09:10,109 ~-~-> 01:09:14,429
4111 see? Some of you may have seen, especially most of my
4112
4113 1029
4114 01:09:14,429 ~-~-> 01:09:16,319
4115 students that have been with me for a while and has been
4116
4117 1030
4118 01:09:16,319 ~-~-> 01:09:18,959
4119 trained. They see the market maker sell model on a five
4120
4121 1031
4122 01:09:18,959 ~-~-> 01:09:21,329
4123 minute chart. This is 15. Still, I'll drop down there five
4124
4125 1032
4126 01:09:21,329 ~-~-> 01:09:25,919
4127 minute a moment, but at the time, we have this area right
4128
4129 1033
4130 01:09:25,919 ~-~-> 01:09:31,889
4131 here. Okay, all this displacement on the downside, it trades
4132
4133 1034
4134 01:09:31,889 ~-~-> 01:09:34,769
4135 down to the top end of that old fair value gap that I showed
4136
4137 1035
4138 01:09:34,769 ~-~-> 01:09:36,569
4139 you on the daily chart that the market was going to reach
4140
4141 1036
4142 01:09:36,569 ~-~-> 01:09:41,369
4143 down to since June 10. Look at this down close candle right
4144
4145 1037
4146 01:09:41,369 ~-~-> 01:09:48,989
4147 there. What's the low of that candle? 92.30. Okay, what's
4148
4149 1038
4150 01:09:48,989 ~-~-> 01:09:56,279
4151 the high of this candle 92.30. Now, is there any room for
4152
4153 1039
4154 01:09:56,279 ~-~-> 01:10:01,589
4155 improvement? Zero. It's actually Absolutely perfect. Now,
4156
4157 1040
4158 01:10:01,829 ~-~-> 01:10:05,639
4159 you cannot find this in any other school of thought, okay,
4160
4161 1041
4162 01:10:05,639 ~-~-> 01:10:08,099
4163 if you're dealing with supply and demand zones, you're
4164
4165 1042
4166 01:10:08,099 ~-~-> 01:10:10,259
4167 dealing with a range and you got to guess where you're
4168
4169 1043
4170 01:10:10,259 ~-~-> 01:10:15,269
4171 working to enter. I don't guess, my students know, we have a
4172
4173 1044
4174 01:10:15,269 ~-~-> 01:10:20,549
4175 theology that is specific, it's precise, it's unambiguous.
4176
4177 1045
4178 01:10:20,549 ~-~-> 01:10:25,079
4179 It's to the PIP. This is what I'm referring to when I, when
4180
4181 1046
4182 01:10:25,079 ~-~-> 01:10:30,059
4183 I teach these concepts, okay? There's going to be periods
4184
4185 1047
4186 01:10:30,059 ~-~-> 01:10:33,389
4187 where there's uncertainty when it's like that I am 100%
4188
4189 1048
4190 01:10:33,389 ~-~-> 01:10:37,649
4191 honest, and I say, look, right now. It can go either way.
4192
4193 1049
4194 01:10:38,459 ~-~-> 01:10:41,519
4195 But I have to still cosign and say, this is where I think
4196
4197 1050
4198 01:10:41,519 ~-~-> 01:10:45,299
4199 it's going. Because I'm obligated. I have to give them what
4200
4201 1051
4202 01:10:45,299 ~-~-> 01:10:49,469
4203 my interpretation of prices, but in that same level of
4204
4205 1052
4206 01:10:50,189 ~-~-> 01:10:53,909
4207 disclosure, I'm also saying but I'm not participating in any
4208
4209 1053
4210 01:10:53,909 ~-~-> 01:10:56,129
4211 trades right now. But this is what I think's going to
4212
4213 1054
4214 01:10:56,129 ~-~-> 01:11:00,509
4215 happen. So in honesty, these are the things that I've taught
4216
4217 1055
4218 01:11:00,509 ~-~-> 01:11:03,689
4219 my students, but they all know that I was not active in
4220
4221 1056
4222 01:11:03,689 ~-~-> 01:11:08,549
4223 trading in the last week. Okay, so just know that this is
4224
4225 1057
4226 01:11:08,549 ~-~-> 01:11:12,989
4227 how you learn, though you learn this by studying a concept
4228
4229 1058
4230 01:11:13,139 ~-~-> 01:11:15,629
4231 that is, obviously has to be in hindsight because you can't
4232
4233 1059
4234 01:11:15,959 ~-~-> 01:11:19,019
4235 teach someone, something you've never seen before without
4236
4237 1060
4238 01:11:19,019 ~-~-> 01:11:21,269
4239 seeing the footprint of it. And that's what we're showing
4240
4241 1061
4242 01:11:21,269 ~-~-> 01:11:24,479
4243 here just it's like a fingerprint of what the algorithm does
4244
4245 1062
4246 01:11:24,509 ~-~-> 01:11:27,719
4247 all the time, every single day of the week. But you have to
4248
4249 1063
4250 01:11:27,719 ~-~-> 01:11:30,419
4251 understand what it's doing and why is it doing it. So we
4252
4253 1064
4254 01:11:30,419 ~-~-> 01:11:30,809
4255 have
4256
4257 1065
4258 01:11:32,250 ~-~-> 01:11:35,880
4259 this area that was a buying point, prior to makes this high,
4260
4261 1066
4262 01:11:36,090 ~-~-> 01:11:39,660
4263 when it starts to break down any buying point has to be
4264
4265 1067
4266 01:11:39,960 ~-~-> 01:11:48,360
4267 mitigated. So this becomes a mitigation block. The plot
4268
4269 1068
4270 01:11:48,390 ~-~-> 01:11:51,720
4271 thickens, right, so now, let's drop into a five minute chart
4272
4273 1069
4274 01:11:51,720 ~-~-> 01:11:54,180
4275 and bring this video to a close. Alright, so here's the five
4276
4277 1070
4278 01:11:54,180 ~-~-> 01:11:57,780
4279 minute chart. And you can see very specific levels here.
4280
4281 1071
4282 01:11:58,170 ~-~-> 01:12:01,050
4283 This down closed candle prior to this Run up, extending out
4284
4285 1072
4286 01:12:01,050 ~-~-> 01:12:04,020
4287 in time, hits it two times and then breaks lower. Here's
4288
4289 1073
4290 01:12:04,020 ~-~-> 01:12:07,980
4291 that down close candle here, it hits it trades down. It's
4292
4293 1074
4294 01:12:07,980 ~-~-> 01:12:13,920
4295 attacking the original consolidation over here. But that's
4296
4297 1075
4298 01:12:13,920 ~-~-> 01:12:17,520
4299 not all there is to the move. You have to submit to what
4300
4301 1076
4302 01:12:17,550 ~-~-> 01:12:20,220
4303 it's likely to reach down to, which was, this was the top of
4304
4305 1077
4306 01:12:20,220 ~-~-> 01:12:24,720
4307 that fear value got, but it could drop lower. So if we get
4308
4309 1078
4310 01:12:24,720 ~-~-> 01:12:26,730
4311 on a selling opportunity, what would that look like? Well,
4312
4313 1079
4314 01:12:26,730 ~-~-> 01:12:30,120
4315 we have buyside liquidity resting above these highs and
4316
4317 1080
4318 01:12:30,930 ~-~-> 01:12:33,900
4319 bearish order block that's inside. No, it's this last up
4320
4321 1081
4322 01:12:33,900 ~-~-> 01:12:38,220
4323 close candle overlaps with this mitigation block. And you
4324
4325 1082
4326 01:12:38,220 ~-~-> 01:12:42,780
4327 get this. Isn't that an optimal trade entry? Sure it is.
4328
4329 1083
4330 01:12:43,980 ~-~-> 01:12:45,930
4331 This is what I teach on this YouTube channel.
4332
4333 1084
4334 01:12:53,850 ~-~-> 01:12:58,080
4335 Here's your 70.5. That's your sweet spot. Bam. Hello. Thank
4336
4337 1085
4338 01:12:58,080 ~-~-> 01:13:07,110
4339 you ma'am. And then start To break lower, it reaches down
4340
4341 1086
4342 01:13:07,110 ~-~-> 01:13:10,500
4343 into the 92 big figure bounces and creates another rebound
4344
4345 1087
4346 01:13:10,530 ~-~-> 01:13:15,090
4347 to this level right in here. What is this level? That 9222
4348
4349 1088
4350 01:13:15,090 ~-~-> 01:13:21,120
4351 level at that fair value level? Okay. There is an educator
4352
4353 1089
4354 01:13:21,150 ~-~-> 01:13:24,960
4355 that I have always pointed to in the realm of forex. And I
4356
4357 1090
4358 01:13:24,960 ~-~-> 01:13:28,620
4359 still and I'll do it again here. Thanks, Chris. Laurie,
4360
4361 1091
4362 01:13:28,830 ~-~-> 01:13:32,340
4363 everyone that has ever looked at any stuff, they will know
4364
4365 1092
4366 01:13:32,340 ~-~-> 01:13:37,320
4367 right away if you say the words liquidity void, okay.
4368
4369 1093
4370 01:13:37,800 ~-~-> 01:13:41,400
4371 liquidity void is basically a price vacuum. Okay, that term
4372
4373 1094
4374 01:13:41,850 ~-~-> 01:13:46,590
4375 preceded both of us. We're not young men. Okay. That idea
4376
4377 1095
4378 01:13:46,620 ~-~-> 01:13:49,290
4379 I've never claimed ownership of a fair value gap is there's
4380
4381 1096
4382 01:13:49,290 ~-~-> 01:13:51,780
4383 a specific element, there's an imbalance. It's mine. It's
4384
4385 1097
4386 01:13:51,780 ~-~-> 01:13:54,630
4387 not a it's not anything from Chris Laurie, none of that
4388
4389 1098
4390 01:13:54,630 ~-~-> 01:13:57,660
4391 stuff. What I'm going to say now I'm saying with a great
4392
4393 1099
4394 01:13:57,660 ~-~-> 01:14:01,290
4395 deal respect, Chris Laurie teaches How to use liquidity
4396
4397 1100
4398 01:14:01,290 ~-~-> 01:14:04,440
4399 voids. Okay, can you make money with it? Yes. Is it
4400
4401 1101
4402 01:14:04,470 ~-~-> 01:14:09,240
4403 valuable? Yes. But it's limited. Okay. Once they fill he's
4404
4405 1102
4406 01:14:09,240 ~-~-> 01:14:13,620
4407 done. I'm not done with a fair value gap, they can be
4408
4409 1103
4410 01:14:14,070 ~-~-> 01:14:18,450
4411 capitalized. So here's that same level now convinced me,
4412
4413 1104
4414 01:14:18,540 ~-~-> 01:14:21,480
4415 please, that this level would have been any other support
4416
4417 1105
4418 01:14:21,480 ~-~-> 01:14:23,910
4419 resistance level. Okay, you're gonna look at this level back
4420
4421 1106
4422 01:14:23,910 ~-~-> 01:14:25,920
4423 here and say, Oh yeah, it's this level here. And it went
4424
4425 1107
4426 01:14:25,920 ~-~-> 01:14:30,090
4427 right back to that level there. Okay, why that one and not
4428
4429 1108
4430 01:14:30,570 ~-~-> 01:14:36,720
4431 that one. Or this one. Or this one. You see, again, it's,
4432
4433 1109
4434 01:14:37,140 ~-~-> 01:14:41,670
4435 there's, you have a goalpost, it's constantly moving, my
4436
4437 1110
4438 01:14:41,670 ~-~-> 01:14:46,050
4439 concepts are static. It has to be, otherwise the algorithm
4440
4441 1111
4442 01:14:46,050 ~-~-> 01:14:49,050
4443 is going to never understand what it should do next. So it's
4444
4445 1112
4446 01:14:49,050 ~-~-> 01:14:51,780
4447 repricing back to that old fair value gap because that's the
4448
4449 1113
4450 01:14:51,810 ~-~-> 01:14:53,940
4451 nature of where it was trading to anyway, that was the
4452
4453 1114
4454 01:14:53,940 ~-~-> 01:14:57,750
4455 target. So it's going to work within that range, what range
4456
4457 1115
4458 01:15:00,000 ~-~-> 01:15:02,040
4459 That's the high end of it. That's the low end of it. Okay.
4460
4461 1116
4462 01:15:02,280 ~-~-> 01:15:04,470
4463 So price breaks into it. It goes through the midpoint of
4464
4465 1117
4466 01:15:04,470 ~-~-> 01:15:07,170
4467 that I teach that as consequent encroachment. Michael,
4468
4469 1118
4470 01:15:07,170 ~-~-> 01:15:10,230
4471 you're giving away all the mentorship. No, I'm proving
4472
4473 1119
4474 01:15:10,230 ~-~-> 01:15:14,340
4475 authorship. I own this. Again, this is not teaching you how
4476
4477 1120
4478 01:15:14,340 ~-~-> 01:15:18,000
4479 to go in there tomorrow and start using it. But I'm proving
4480
4481 1121
4482 01:15:18,360 ~-~-> 01:15:21,510
4483 that this is what the algorithm does. It's not guesswork.
4484
4485 1122
4486 01:15:21,570 ~-~-> 01:15:26,460
4487 It's not just selling capitulation and buying capitulation,
4488
4489 1123
4490 01:15:26,640 ~-~-> 01:15:29,280
4491 selling pressure buying pressure, supply and demand, none of
4492
4493 1124
4494 01:15:29,280 ~-~-> 01:15:32,550
4495 that stuff. It's absolutely controlled. So it trades back to
4496
4497 1125
4498 01:15:32,550 ~-~-> 01:15:36,870
4499 the top of the fair value gap again, and into the into the
4500
4501 1126
4502 01:15:37,110 ~-~-> 01:15:39,630
4503 imbalance is created here but doesn't completely close in,
4504
4505 1127
4506 01:15:39,630 ~-~-> 01:15:47,940
4507 in what happens in price hits the top of that fair value
4508
4509 1128
4510 01:15:47,940 ~-~-> 01:15:51,600
4511 gap, and it trades down here, folks, this is real support
4512
4513 1129
4514 01:15:51,600 ~-~-> 01:15:55,740
4515 resistance. That's how when I look at price, I'm looking for
4516
4517 1130
4518 01:15:55,740 ~-~-> 01:15:57,870
4519 some of the things that I've shown here money, more things
4520
4521 1131
4522 01:15:57,870 ~-~-> 01:16:02,010
4523 that I'm showing you now, but This is the type of stuff I'm
4524
4525 1132
4526 01:16:02,010 ~-~-> 01:16:06,690
4527 looking for. And this is where the markets react. You want
4528
4529 1133
4530 01:16:06,690 ~-~-> 01:16:08,580
4531 to know where the market setups are going to occur? It's
4532
4533 1134
4534 01:16:08,580 ~-~-> 01:16:11,790
4535 this kind of stuff, not all the other things that have a
4536
4537 1135
4538 01:16:11,790 ~-~-> 01:16:17,820
4539 very low strike rate. Again, what is happening in price? Is
4540
4541 1136
4542 01:16:17,820 ~-~-> 01:16:20,610
4543 it following the logic of supply and demand? Is it following
4544
4545 1137
4546 01:16:20,610 ~-~-> 01:16:27,300
4547 the logic of Elliot wave and harmonic patterns? Or is it
4548
4549 1138
4550 01:16:27,300 ~-~-> 01:16:31,350
4551 something else that it's always doing, that you've never
4552
4553 1139
4554 01:16:31,350 ~-~-> 01:16:35,010
4555 really been exposed to? And that's been my whole life's
4556
4557 1140
4558 01:16:35,010 ~-~-> 01:16:39,750
4559 work. When I finally decided I was going to start teaching
4560
4561 1141
4562 01:16:40,410 ~-~-> 01:16:47,460
4563 in 1996, I sat down and said, I'm going to make my life a
4564
4565 1142
4566 01:16:47,490 ~-~-> 01:16:52,530
4567 journey of convincing everyone that these books and these
4568
4569 1143
4570 01:16:52,530 ~-~-> 01:16:56,370
4571 courses and these educators are regurgitating things that
4572
4573 1144
4574 01:16:56,370 ~-~-> 01:17:01,830
4575 are not linked to how price is booked period. And the story,
4576
4577 1145
4578 01:17:02,370 ~-~-> 01:17:05,820
4579 and I have a long history of proving it before it happens.
4580
4581 1146
4582 01:17:06,180 ~-~-> 01:17:09,060
4583 And I could sit down and again, you're gonna hear this a lot
4584
4585 1147
4586 01:17:09,060 ~-~-> 01:17:13,410
4587 and it's gonna make you sick and too bad swallow it. I can
4588
4589 1148
4590 01:17:13,410 ~-~-> 01:17:17,550
4591 do this in a court of law until what's going to happen
4592
4593 1149
4594 01:17:17,550 ~-~-> 01:17:21,810
4595 before happens, period. I don't need to do this with a Live
4596
4597 1150
4598 01:17:21,810 ~-~-> 01:17:25,620
4599 account. I prove it every single week that this is what's
4600
4601 1151
4602 01:17:25,620 ~-~-> 01:17:28,560
4603 likely to occur. And I've been doing it for years now in the
4604
4605 1152
4606 01:17:29,130 ~-~-> 01:17:35,730
4607 presence of thousands. Okay. So if it isn't true, then what
4608
4609 1153
4610 01:17:35,730 ~-~-> 01:17:39,690
4611 is it? Why is it happening? Why is it reacting like this?
4612
4613 1154
4614 01:17:40,410 ~-~-> 01:17:42,720
4615 Because these things aren't found in any other school of
4616
4617 1155
4618 01:17:42,720 ~-~-> 01:17:51,240
4619 thought. Think think? I have been telling you the truth all
4620
4621 1156
4622 01:17:51,240 ~-~-> 01:17:53,790
4623 this time. All this time.
4624
4625 1157
4626 01:17:54,660 ~-~-> 01:17:58,110
4627 And many of you have choked on the fact that I was using
4628
4629 1158
4630 01:17:58,110 ~-~-> 01:18:02,400
4631 demo accounts for my own protection. that it couldn't be
4632
4633 1159
4634 01:18:02,400 ~-~-> 01:18:11,580
4635 real. It can't be real. It can't be. And yet it is. Market
4636
4637 1160
4638 01:18:11,580 ~-~-> 01:18:13,890
4639 trades down to the bottom that fair value got and then
4640
4641 1161
4642 01:18:13,890 ~-~-> 01:18:17,400
4643 plunges through it. Why? Because there's a lot of liquidity
4644
4645 1162
4646 01:18:17,400 ~-~-> 01:18:20,730
4647 that was being built up below that fear of how you got into
4648
4649 1163
4650 01:18:20,730 ~-~-> 01:18:24,060
4651 that liquidity void that was shown on a daily chart way back
4652
4653 1164
4654 01:18:24,270 ~-~-> 01:18:29,130
4655 in the past. reaches into the 80 level works to a level
4656
4657 1165
4658 01:18:29,130 ~-~-> 01:18:36,510
4659 multiple times. reprice is back above and through and where
4660
4661 1166
4662 01:18:36,600 ~-~-> 01:18:41,250
4663 we're at now. So what do you do with this information?
4664
4665 1167
4666 01:18:41,790 ~-~-> 01:18:44,790
4667 Sounds like a whole lot of nonsense, right? A lot of you
4668
4669 1168
4670 01:18:44,790 ~-~-> 01:18:49,230
4671 cynical people. I want you to go through the videos on my
4672
4673 1169
4674 01:18:49,230 ~-~-> 01:18:51,210
4675 YouTube channel. And you can see the examples where I'm
4676
4677 1170
4678 01:18:51,210 ~-~-> 01:18:55,350
4679 actually trading with a one minute chart. I'm using a lot of
4680
4681 1171
4682 01:18:55,350 ~-~-> 01:18:57,930
4683 these ideas and a lot of things that I'm never going to
4684
4685 1172
4686 01:18:57,930 ~-~-> 01:19:02,790
4687 teach. Now wait a minute, good. That's nasty. That's it just
4688
4689 1173
4690 01:19:02,820 ~-~-> 01:19:06,000
4691 ignorant. You're just being just spiteful. Now, Michael, now
4692
4693 1174
4694 01:19:06,000 ~-~-> 01:19:08,760
4695 there's certain things I'm not allowed to teach you. I'm not
4696
4697 1175
4698 01:19:08,760 ~-~-> 01:19:14,850
4699 allowed. Okay, so, but what I'm showing you here, there's a
4700
4701 1176
4702 01:19:14,850 ~-~-> 01:19:17,790
4703 lot of overlap with what I was doing in that one minute
4704
4705 1177
4706 01:19:17,790 ~-~-> 01:19:21,030
4707 chart and showing the buying and selling and buying and
4708
4709 1178
4710 01:19:21,030 ~-~-> 01:19:24,960
4711 selling in the same day. Buying and selling, reversing and
4712
4713 1179
4714 01:19:25,260 ~-~-> 01:19:29,250
4715 getting all these turning points. When you sit down with me,
4716
4717 1180
4718 01:19:29,460 ~-~-> 01:19:33,690
4719 and you see and study me giving you these types of ideas
4720
4721 1181
4722 01:19:33,690 ~-~-> 01:19:39,360
4723 before they happen. Now, for disclosure, I did not sit down
4724
4725 1182
4726 01:19:39,360 ~-~-> 01:19:42,090
4727 and outlined all of this five minute fractal with my
4728
4729 1183
4730 01:19:42,090 ~-~-> 01:19:44,580
4731 mentorship group. Okay, so I want you to be very clear, I
4732
4733 1184
4734 01:19:44,580 ~-~-> 01:19:47,010
4735 did not do that. I did tell them that there was going to
4736
4737 1185
4738 01:19:47,010 ~-~-> 01:19:49,560
4739 trade down to these levels in here and work that fair value
4740
4741 1186
4742 01:19:49,560 ~-~-> 01:19:56,070
4743 gap and maybe sweep into the 90 once we got it. The details
4744
4745 1187
4746 01:19:56,100 ~-~-> 01:19:59,250
4747 are inside of the lessons. And then you go in and you
4748
4749 1188
4750 01:19:59,250 ~-~-> 01:20:03,180
4751 practice it Even in this YouTube channel, everyone that
4752
4753 1189
4754 01:20:03,180 ~-~-> 01:20:08,370
4755 studied my core content in this free library understands
4756
4757 1190
4758 01:20:08,370 ~-~-> 01:20:13,890
4759 that this is all Judas swing. you all understand that. But
4760
4761 1191
4762 01:20:13,920 ~-~-> 01:20:17,790
4763 you won't anticipate this price run and look to sell short
4764
4765 1192
4766 01:20:17,790 ~-~-> 01:20:20,940
4767 at this bearish order block on a 15 minute timeframe and
4768
4769 1193
4770 01:20:20,970 ~-~-> 01:20:23,370
4771 expect the high of the day the forum unless you understand
4772
4773 1194
4774 01:20:23,370 ~-~-> 01:20:26,850
4775 the context that we still have unfinished business down in
4776
4777 1195
4778 01:20:26,850 ~-~-> 01:20:31,500
4779 this fear value got on a longer term basis. So you have to
4780
4781 1196
4782 01:20:31,500 ~-~-> 01:20:37,710
4783 have an understanding and how the timeframes gladhands. And
4784
4785 1197
4786 01:20:37,710 ~-~-> 01:20:41,160
4787 what does that working from a higher timeframe down to a
4788
4789 1198
4790 01:20:41,160 ~-~-> 01:20:46,050
4791 lower timeframe top down? That's it. That's an understood
4792
4793 1199
4794 01:20:46,050 ~-~-> 01:20:51,630
4795 concept, but I have looked at every school of thought and
4796
4797 1200
4798 01:20:51,630 ~-~-> 01:20:55,800
4799 anytime they've talked about top down approach, okay, we're
4800
4801 1201
4802 01:20:55,800 ~-~-> 01:20:58,620
4803 using a higher timeframe down to the lower timeframe. It
4804
4805 1202
4806 01:20:58,620 ~-~-> 01:21:05,250
4807 still was lacking It didn't fill in all of the huge chasms
4808
4809 1203
4810 01:21:05,370 ~-~-> 01:21:09,870
4811 in logic that would constitute a system that is repeating
4812
4813 1204
4814 01:21:09,870 ~-~-> 01:21:11,970
4815 over and over, think about it. Okay, I'm gonna challenge you
4816
4817 1205
4818 01:21:11,970 ~-~-> 01:21:16,500
4819 with this thought and close the video. If every single one
4820
4821 1206
4822 01:21:16,530 ~-~-> 01:21:21,420
4823 of these ideas and schools of thought for trading, if all of
4824
4825 1207
4826 01:21:21,420 ~-~-> 01:21:24,750
4827 them were really the thing that makes the markets move
4828
4829 1208
4830 01:21:24,750 ~-~-> 01:21:30,480
4831 around. Why is it that everyone that gets into trading jumps
4832
4833 1209
4834 01:21:30,480 ~-~-> 01:21:33,120
4835 from each one of them over the course of the development?
4836
4837 1210
4838 01:21:35,130 ~-~-> 01:21:38,220
4839 Think about it. Because if any one of those were the thing
4840
4841 1211
4842 01:21:38,250 ~-~-> 01:21:41,850
4843 that causes price to move around, what creates the signal
4844
4845 1212
4846 01:21:41,850 ~-~-> 01:21:45,060
4847 what creates the gyrations and in the draw on liquidity to
4848
4849 1213
4850 01:21:45,060 ~-~-> 01:21:48,090
4851 where it draws to a specific target? If any of those things
4852
4853 1214
4854 01:21:48,090 ~-~-> 01:21:52,920
4855 were true, no one would system hop. They would just stick
4856
4857 1215
4858 01:21:53,130 ~-~-> 01:21:56,700
4859 right where they they they've been planted. You know what's
4860
4861 1216
4862 01:21:56,700 ~-~-> 01:21:59,970
4863 funny about my content, once you find yourself here,
4864
4865 1217
4866 01:22:00,600 ~-~-> 01:22:05,520
4867 Everything else looks like garbage. It's once you have been
4868
4869 1218
4870 01:22:05,520 ~-~-> 01:22:12,240
4871 exposed to this, everything else is absolute nonsense. It's
4872
4873 1219
4874 01:22:12,630 ~-~-> 01:22:16,800
4875 stupid to do anything else. Then you take your time and you
4876
4877 1220
4878 01:22:16,800 ~-~-> 01:22:19,860
4879 pursue this because this is actually how the markets book,
4880
4881 1221
4882 01:22:20,070 ~-~-> 01:22:23,820
4883 because it's algorithmic. You don't have any control over
4884
4885 1222
4886 01:22:23,820 ~-~-> 01:22:27,420
4887 the algorithm. It's going to do what it's going to do. And
4888
4889 1223
4890 01:22:27,420 ~-~-> 01:22:31,260
4891 it does not matter. It does not care or respect your
4892
4893 1224
4894 01:22:31,260 ~-~-> 01:22:34,080
4895 theology. It doesn't care about your indicators. It doesn't
4896
4897 1225
4898 01:22:34,080 ~-~-> 01:22:36,720
4899 care about who your guru educator was. It doesn't care how
4900
4901 1226
4902 01:22:36,720 ~-~-> 01:22:38,880
4903 many times it's been right in the past using your your
4904
4905 1227
4906 01:22:38,910 ~-~-> 01:22:43,710
4907 school of thought. When it fails, I can take you into the
4908
4909 1228
4910 01:22:43,710 ~-~-> 01:22:47,490
4911 chart and show you how EPA was doing what it was doing. I
4912
4913 1229
4914 01:22:47,490 ~-~-> 01:22:49,380
4915 know when I'm likely to be wrong.
4916
4917 1230
4918 01:22:50,970 ~-~-> 01:22:55,500
4919 I know when that's going to be likely to occur. So I scale
4920
4921 1231
4922 01:22:55,500 ~-~-> 01:22:59,790
4923 back my trading or completely sit on my hands. You don't get
4924
4925 1232
4926 01:22:59,790 ~-~-> 01:23:02,550
4927 those clear indications and other schools of thoughts. It's
4928
4929 1233
4930 01:23:02,640 ~-~-> 01:23:04,980
4931 push your edge, as long as you have an edge, you push it,
4932
4933 1234
4934 01:23:04,980 ~-~-> 01:23:09,540
4935 you push it, you push it. Well, that's doling an edge. I
4936
4937 1235
4938 01:23:09,540 ~-~-> 01:23:13,320
4939 know when my edge is likely to cleave off to the sweetest
4940
4941 1236
4942 01:23:13,320 ~-~-> 01:23:18,420
4943 limit which is closest to the bone. When it's not likely to
4944
4945 1237
4946 01:23:18,420 ~-~-> 01:23:22,830
4947 offer that meat, I'm sharpening my edge. I'm not worrying
4948
4949 1238
4950 01:23:22,830 ~-~-> 01:23:25,860
4951 about missing something, because of the things I teach.
4952
4953 1239
4954 01:23:26,340 ~-~-> 01:23:31,200
4955 Repeat every single day, every day, because it is the
4956
4957 1240
4958 01:23:31,200 ~-~-> 01:23:36,210
4959 market. Now this stuff works in futures. It works in index.
4960
4961 1241
4962 01:23:36,630 ~-~-> 01:23:41,730
4963 It works in even the commodities markets like soybean
4964
4965 1242
4966 01:23:41,730 ~-~-> 01:23:44,490
4967 market. In fact, I'm going to challenge you to go back and
4968
4969 1243
4970 01:23:44,490 ~-~-> 01:23:49,950
4971 look at the 20 trading executions or examples I think it was
4972
4973 1244
4974 01:23:49,980 ~-~-> 01:23:53,370
4975 that I gave for the optimal trade entry pattern recognition
4976
4977 1245
4978 01:23:53,370 ~-~-> 01:23:56,880
4979 series. I don't recall off the top of my head, which one it
4980
4981 1246
4982 01:23:56,880 ~-~-> 01:24:00,720
4983 was that shows the example for soybeans like But you can
4984
4985 1247
4986 01:24:00,720 ~-~-> 01:24:04,320
4987 look at soybeans daily chart for the November contract. And
4988
4989 1248
4990 01:24:04,350 ~-~-> 01:24:08,490
4991 it has performed like gangbusters. And it has a lot of the
4992
4993 1249
4994 01:24:08,490 ~-~-> 01:24:11,760
4995 things I'm talking about here, just in an opposite terms
4996
4997 1250
4998 01:24:11,820 ~-~-> 01:24:14,850
4999 where we're looking for lower prices to justify shorting
5000
5001 1251
5002 01:24:14,850 ~-~-> 01:24:18,900
5003 dollar. Not that I trade dollar. I use it as a barometer. So
5004
5005 1252
5006 01:24:18,900 ~-~-> 01:24:21,600
5007 if I'm expecting lower prices in dollar, what am I really
5008
5009 1253
5010 01:24:21,600 ~-~-> 01:24:24,930
5011 saying about euro? It should go higher. What am I saying?
5012
5013 1254
5014 01:24:25,290 ~-~-> 01:24:31,530
5015 For cable that GBP USD should go higher? Alright, so I gave
5016
5017 1255
5018 01:24:31,530 ~-~-> 01:24:34,650
5019 you a lot of things here, and maybe I probably turned you
5020
5021 1256
5022 01:24:34,650 ~-~-> 01:24:37,770
5023 off entirely to me. Okay. And if that's the case, I
5024
5025 1257
5026 01:24:37,770 ~-~-> 01:24:40,500
5027 sincerely wish you good luck trading, whatever discipline
5028
5029 1258
5030 01:24:40,500 ~-~-> 01:24:44,460
5031 you use whoever you use as an educator. I wish you luck. I
5032
5033 1259
5034 01:24:44,460 ~-~-> 01:24:49,410
5035 really, really sincerely wish you luck. If I have whet your
5036
5037 1260
5038 01:24:49,410 ~-~-> 01:24:53,520
5039 appetite, I promise you as we work towards the end of the
5040
5041 1261
5042 01:24:53,520 ~-~-> 01:24:57,000
5043 year, I'm going to teach you a lot with things that you
5044
5045 1262
5046 01:24:57,000 ~-~-> 01:25:02,220
5047 won't find in textbooks in courses. Okay? But I want you if
5048
5049 1263
5050 01:25:02,220 ~-~-> 01:25:05,640
5051 you're considering joining in my only enrollment for
5052
5053 1264
5054 01:25:05,640 ~-~-> 01:25:09,600
5055 mentorship in 2021 is in January, I will invite every single
5056
5057 1265
5058 01:25:09,600 ~-~-> 01:25:13,080
5059 one of you on this YouTube channel, I will create a video
5060
5061 1266
5062 01:25:13,080 ~-~-> 01:25:15,720
5063 that will outline everything that you have to do to get into
5064
5065 1267
5066 01:25:15,720 ~-~-> 01:25:19,380
5067 it. No one can enter it before I am getting slammed with
5068
5069 1268
5070 01:25:19,410 ~-~-> 01:25:22,620
5071 email so many so that I had to create another email address
5072
5073 1269
5074 01:25:22,620 ~-~-> 01:25:24,630
5075 so that way my mentorship students can reach me because it's
5076
5077 1270
5078 01:25:24,630 ~-~-> 01:25:27,300
5079 just gotten ridiculous. So many people are emailing me
5080
5081 1271
5082 01:25:27,510 ~-~-> 01:25:30,930
5083 wanting to join. I want you to understand that you all will
5084
5085 1272
5086 01:25:30,930 ~-~-> 01:25:33,900
5087 have the opportunity to join but none of you are going in
5088
5089 1273
5090 01:25:33,930 ~-~-> 01:25:37,440
5091 before anyone else. Okay. The invitation will be extended
5092
5093 1274
5094 01:25:37,440 ~-~-> 01:25:40,770
5095 formally the week of Christmas. Okay, so what does that look
5096
5097 1275
5098 01:25:40,770 ~-~-> 01:25:48,180
5099 like? We are here today and you will be notified on YouTube
5100
5101 1276
5102 01:25:48,210 ~-~-> 01:25:53,970
5103 with a video the 21st of December. Okay, so I'll post a
5104
5105 1277
5106 01:25:53,970 ~-~-> 01:25:57,180
5107 video. It'll give you an overview about what it is you're
5108
5109 1278
5110 01:25:57,180 ~-~-> 01:26:00,300
5111 getting involved in what your expectations should be. So We
5112
5113 1279
5114 01:26:00,300 ~-~-> 01:26:02,490
5115 have a very clear depiction of what it is that you're
5116
5117 1280
5118 01:26:02,490 ~-~-> 01:26:08,160
5119 joining. I'll give you very specific details on how you go
5120
5121 1281
5122 01:26:08,160 ~-~-> 01:26:11,130
5123 about joining the costs. The cost, I'll just tell you right
5124
5125 1282
5126 01:26:11,130 ~-~-> 01:26:13,920
5127 now because this will turn off all all of you that are not
5128
5129 1283
5130 01:26:13,920 ~-~-> 01:26:21,300
5131 willing to pay. It's 12 payments of $155. US dollars payable
5132
5133 1284
5134 01:26:21,300 ~-~-> 01:26:23,940
5135 by PayPal only, I don't take Bitcoin, I don't take any other
5136
5137 1285
5138 01:26:23,940 ~-~-> 01:26:28,230
5139 form of payment. Okay? If you can't create a PayPal account
5140
5141 1286
5142 01:26:28,230 ~-~-> 01:26:31,440
5143 in your name that's matching your mailing address, then you
5144
5145 1287
5146 01:26:31,440 ~-~-> 01:26:33,570
5147 won't be able to join. I don't make any exceptions for
5148
5149 1288
5150 01:26:33,570 ~-~-> 01:26:40,140
5151 anyone. Okay. It is $155 12 times. So it's paid on a monthly
5152
5153 1289
5154 01:26:40,140 ~-~-> 01:26:44,850
5155 basis. The payments are due at the first of the month, but I
5156
5157 1290
5158 01:26:44,850 ~-~-> 01:26:47,970
5159 give a grace period up to the ninth of each month on the
5160
5161 1291
5162 01:26:47,970 ~-~-> 01:26:52,200
5163 10th when we wake up where I live. If the payment has been
5164
5165 1292
5166 01:26:52,200 ~-~-> 01:26:55,980
5167 made, then we'll process it but if it's not been made, we
5168
5169 1293
5170 01:26:55,980 ~-~-> 01:26:59,670
5171 remove your access. You will have until the first of the
5172
5173 1294
5174 01:26:59,670 ~-~-> 01:27:03,750
5175 next To restore your account, if it doesn't happen, you're
5176
5177 1295
5178 01:27:03,780 ~-~-> 01:27:07,650
5179 removed from the mentorship entirely. You can pay early on
5180
5181 1296
5182 01:27:07,650 ~-~-> 01:27:11,010
5183 the 27th of the month. So our pay period or billing cycle is
5184
5185 1297
5186 01:27:11,520 ~-~-> 01:27:15,570
5187 the 27th to the ninth. So it's a rolling period of days that
5188
5189 1298
5190 01:27:15,570 ~-~-> 01:27:18,390
5191 every single month starts the same way the 27th to the
5192
5193 1299
5194 01:27:18,390 ~-~-> 01:27:23,130
5195 ninth. So you have nine days into the new month of access.
5196
5197 1300
5198 01:27:23,850 ~-~-> 01:27:27,300
5199 If you haven't paid by then on the 10th, we remove your
5200
5201 1301
5202 01:27:27,300 ~-~-> 01:27:32,460
5203 access. Now, it's 12 payments at 155. But then you have one
5204
5205 1302
5206 01:27:32,460 ~-~-> 01:27:36,510
5207 final payment of 150. And that's your charter member
5208
5209 1303
5210 01:27:36,510 ~-~-> 01:27:40,050
5211 payment. And once you pay that you absolutely and never
5212
5213 1304
5214 01:27:40,050 ~-~-> 01:27:43,200
5215 ever, ever, ever, ever pay me a penny more
5216
5217 1305
5218 01:27:43,350 ~-~-> 01:27:46,500
5219 ever, unless you lose your password. Or if you need to make
5220
5221 1306
5222 01:27:46,500 ~-~-> 01:27:49,530
5223 a change to your account. We always ask you to send PayPal
5224
5225 1307
5226 01:27:49,560 ~-~-> 01:27:52,710
5227 $1 because it has to be the same paypal account you sent us
5228
5229 1308
5230 01:27:52,770 ~-~-> 01:27:55,470
5231 payments through and all that is is verify that that's your
5232
5233 1309
5234 01:27:55,470 ~-~-> 01:27:58,830
5235 identity and that you're the person and we've had lots of
5236
5237 1310
5238 01:27:58,830 ~-~-> 01:28:02,550
5239 people in between They all have been expected to do that.
5240
5241 1311
5242 01:28:02,670 ~-~-> 01:28:04,350
5243 But you're not paying me any more. I'm not going to
5244
5245 1312
5246 01:28:04,350 ~-~-> 01:28:09,180
5247 constantly milk you forever. I'm offering you a seat in this
5248
5249 1313
5250 01:28:09,180 ~-~-> 01:28:12,210
5251 private community. So everything I'm ever going to teach
5252
5253 1314
5254 01:28:12,480 ~-~-> 01:28:15,870
5255 will be in this community. Now I'm going to make YouTube
5256
5257 1315
5258 01:28:15,870 ~-~-> 01:28:18,390
5259 videos. So if you can't afford this, don't think that you're
5260
5261 1316
5262 01:28:18,390 ~-~-> 01:28:21,780
5263 never going to get anything from me ever again. I love doing
5264
5265 1317
5266 01:28:21,780 ~-~-> 01:28:27,600
5267 this, but I'm going to stay only so far in YouTube. And I'm
5268
5269 1318
5270 01:28:27,600 ~-~-> 01:28:30,480
5271 not going to go into mentorship because I have to respect
5272
5273 1319
5274 01:28:30,480 ~-~-> 01:28:33,540
5275 the investment that my students have made, and also preserve
5276
5277 1320
5278 01:28:33,540 ~-~-> 01:28:37,410
5279 the value because this is my life. Okay, I've been doing
5280
5281 1321
5282 01:28:37,410 ~-~-> 01:28:41,460
5283 this for 27 years. Nothing else is like it. And I have so
5284
5285 1322
5286 01:28:41,460 ~-~-> 01:28:45,240
5287 much more to teach. And I can also tweak the things I've
5288
5289 1323
5290 01:28:45,240 ~-~-> 01:28:50,520
5291 already given you for free. So if you just can't afford it.
5292
5293 1324
5294 01:28:50,700 ~-~-> 01:28:53,820
5295 Okay, I understand. I do not give scholarships. I get a lot
5296
5297 1325
5298 01:28:53,820 ~-~-> 01:28:57,030
5299 of emails for that. Can you am I'm poor from Africa. I'm
5300
5301 1326
5302 01:28:57,030 ~-~-> 01:29:01,200
5303 poor in Russia. I'm not I don't do that because for me to do
5304
5305 1327
5306 01:29:01,200 ~-~-> 01:29:04,080
5307 that this basically disrespects everyone else that's paid.
5308
5309 1328
5310 01:29:04,260 ~-~-> 01:29:07,620
5311 That's the, you have to do that. Okay? Now you can be mad at
5312
5313 1329
5314 01:29:07,620 ~-~-> 01:29:10,320
5315 me and say, Oh, you're a sellout You're a jerk. You know
5316
5317 1330
5318 01:29:10,320 ~-~-> 01:29:12,780
5319 you're a demon like some chatrooms are calling me now and
5320
5321 1331
5322 01:29:12,780 ~-~-> 01:29:20,670
5323 demon. Listen, folks, there are certain things that are just
5324
5325 1332
5326 01:29:20,670 ~-~-> 01:29:25,410
5327 simply not for the public. They're not. And I have lived a
5328
5329 1333
5330 01:29:25,410 ~-~-> 01:29:31,140
5331 long life with this information. And I preserved it. And now
5332
5333 1334
5334 01:29:31,140 ~-~-> 01:29:38,910
5335 I'm getting older. And I've wanted to do more than I have in
5336
5337 1335
5338 01:29:38,910 ~-~-> 01:29:44,160
5339 my younger years, in terms of, you know, providing content,
5340
5341 1336
5342 01:29:44,160 ~-~-> 01:29:49,800
5343 it's usable, and it's transcends everything else. Where I'm
5344
5345 1337
5346 01:29:49,800 ~-~-> 01:29:55,110
5347 taking everyone, you have no idea. I do. But you have no
5348
5349 1338
5350 01:29:55,110 ~-~-> 01:29:58,680
5351 idea the journey that's in front of you. And it's still a
5352
5353 1339
5354 01:29:58,680 ~-~-> 01:30:00,960
5355 wonderful journey. If you can't afford them. this YouTube
5356
5357 1340
5358 01:30:00,960 ~-~-> 01:30:03,930
5359 channel is not getting taken down, I'm not going to remove
5360
5361 1341
5362 01:30:03,930 ~-~-> 01:30:09,810
5363 the videos, study them. And I'm 100% confident that if you
5364
5365 1342
5366 01:30:09,810 ~-~-> 01:30:14,910
5367 give it enough time, you will find a way to make that into a
5368
5369 1343
5370 01:30:14,910 ~-~-> 01:30:19,350
5371 profitable system method, trading plan, trade model,
5372
5373 1344
5374 01:30:19,530 ~-~-> 01:30:22,710
5375 whatever you want to call it, you'll be able to sit down and
5376
5377 1345
5378 01:30:22,710 ~-~-> 01:30:26,220
5379 decipher price action in a certain way that fits your
5380
5381 1346
5382 01:30:26,220 ~-~-> 01:30:30,720
5383 personality. That happens if you give it enough time. But if
5384
5385 1347
5386 01:30:30,720 ~-~-> 01:30:33,360
5387 you come here and you're expecting me to hand you a signal
5388
5389 1348
5390 01:30:33,360 ~-~-> 01:30:36,570
5391 and say, Hey, buy here, sell here. That's not what I do. I
5392
5393 1349
5394 01:30:36,570 ~-~-> 01:30:41,070
5395 don't do that. Because if you do that with someone, I could
5396
5397 1350
5398 01:30:41,070 ~-~-> 01:30:45,060
5399 have you all addicted to that trade crack. Okay, if I did a
5400
5401 1351
5402 01:30:45,300 ~-~-> 01:30:48,810
5403 workshop, say for one week, and I sat on YouTube and I did
5404
5405 1352
5406 01:30:48,810 ~-~-> 01:30:52,110
5407 live streams, and I literally gave you what was going to
5408
5409 1353
5410 01:30:52,110 ~-~-> 01:30:54,750
5411 happen before it happened. You know what you would do? You
5412
5413 1354
5414 01:30:54,750 ~-~-> 01:30:59,220
5415 would grow in excitement about that, and never really spend
5416
5417 1355
5418 01:30:59,220 ~-~-> 01:31:03,690
5419 time learning how to do it. But what value is that? at any
5420
5421 1356
5422 01:31:03,690 ~-~-> 01:31:06,210
5423 time? If I want to stop doing that, then you're stuck.
5424
5425 1357
5426 01:31:06,930 ~-~-> 01:31:10,110
5427 That's not I didn't want signals. I wanted to be able to do
5428
5429 1358
5430 01:31:10,110 ~-~-> 01:31:14,370
5431 this on my own and be independent in the process. Where if,
5432
5433 1359
5434 01:31:14,730 ~-~-> 01:31:18,630
5435 for instance, Larry Williams because I bought his 900 line
5436
5437 1360
5438 01:31:18,630 ~-~-> 01:31:22,470
5439 hotline stuff, and I was paying exorbitant rates to get
5440
5441 1361
5442 01:31:22,470 ~-~-> 01:31:29,730
5443 trades that didn't work out for me, okay? I know, I know
5444
5445 1362
5446 01:31:30,420 ~-~-> 01:31:35,520
5447 that giving someone the skill set, once you have it, it's
5448
5449 1363
5450 01:31:35,520 ~-~-> 01:31:39,150
5451 yours. Your boss can't take it from you, your spouse can't
5452
5453 1364
5454 01:31:39,150 ~-~-> 01:31:42,930
5455 take it from you. Nothing. As long as you have the faculties
5456
5457 1365
5458 01:31:42,930 ~-~-> 01:31:46,170
5459 and mental faculties and such in, in the finances to work
5460
5461 1366
5462 01:31:46,170 ~-~-> 01:31:49,740
5463 with it. You can make it whatever you want to be. And that's
5464
5465 1367
5466 01:31:49,740 ~-~-> 01:31:54,630
5467 empowerment. Whereas if I run a signal service like I did in
5468
5469 1368
5470 01:31:54,630 ~-~-> 01:31:58,050
5471 the 90s, I did a signal service with the s&p at 1000
5472
5473 1369
5474 01:31:58,050 ~-~-> 01:32:04,350
5475 subscribers. I did pretty good. But everybody was just
5476
5477 1370
5478 01:32:04,350 ~-~-> 01:32:07,650
5479 hooked on the next trade. And none of them were interested
5480
5481 1371
5482 01:32:07,650 ~-~-> 01:32:10,530
5483 in learning. I even tried to do workshops back then, hey,
5484
5485 1372
5486 01:32:10,530 ~-~-> 01:32:12,300
5487 you want to learn now? I just wanna stick to the signals. I
5488
5489 1373
5490 01:32:12,300 ~-~-> 01:32:16,500
5491 don't have time for it. What? But it made sense to me,
5492
5493 1374
5494 01:32:16,890 ~-~-> 01:32:23,610
5495 because I was tired of doing the signals. So this whole
5496
5497 1375
5498 01:32:23,820 ~-~-> 01:32:30,690
5499 YouTube channel, okay? It's really meant to inspire you to
5500
5501 1376
5502 01:32:30,690 ~-~-> 01:32:34,230
5503 believe in yourself. Because if you use the things I'm
5504
5505 1377
5506 01:32:34,230 ~-~-> 01:32:38,490
5507 teaching you here in this free library,
5508
5509 1378
5510 01:32:39,870 ~-~-> 01:32:44,070
5511 I absolutely believe in you. Because I know what you're
5512
5513 1379
5514 01:32:44,070 ~-~-> 01:32:49,710
5515 putting your hands on right now. Is the frickin best. It's
5516
5517 1380
5518 01:32:49,710 ~-~-> 01:32:53,370
5519 the best. I'm sorry if you're an educator and that hurts
5520
5521 1381
5522 01:32:53,370 ~-~-> 01:32:56,760
5523 your feelings and makes you just cringe. But there ain't
5524
5525 1382
5526 01:32:56,790 ~-~-> 01:33:02,880
5527 nothing like this. Nothing That's why no one steps to me.
5528
5529 1383
5530 01:33:03,120 ~-~-> 01:33:05,520
5531 That's why no one's been able to do the things that you see
5532
5533 1384
5534 01:33:05,520 ~-~-> 01:33:08,490
5535 this YouTube channel do. They may talk about it in
5536
5537 1385
5538 01:33:08,490 ~-~-> 01:33:11,490
5539 hindsight, they may talk about it, you know after it's
5540
5541 1386
5542 01:33:11,490 ~-~-> 01:33:14,970
5543 happened, but they're never outlining it beforehand. And in
5544
5545 1387
5546 01:33:14,970 ~-~-> 01:33:18,780
5547 mentorship, I am obligated to point to where it's going to
5548
5549 1388
5550 01:33:18,780 ~-~-> 01:33:25,140
5551 go to next. Think about that. There has never been this
5552
5553 1389
5554 01:33:25,140 ~-~-> 01:33:30,180
5555 expose a of ICT doesn't know what he's doing. And everybody
5556
5557 1390
5558 01:33:30,180 ~-~-> 01:33:33,510
5559 is leaving a mentorship. That's not how it works. Everyone's
5560
5561 1391
5562 01:33:33,510 ~-~-> 01:33:38,820
5563 flooding to get in and I can't keep up with the demand. So
5564
5565 1392
5566 01:33:38,820 ~-~-> 01:33:42,360
5567 what does that say? They're saying something that you don't
5568
5569 1393
5570 01:33:43,800 ~-~-> 01:33:47,580
5571 I gave you an inside look today with a lot of the concepts
5572
5573 1394
5574 01:33:47,580 ~-~-> 01:33:50,130
5575 not all of them, but a lot of them that I don't even talk
5576
5577 1395
5578 01:33:50,130 ~-~-> 01:33:56,340
5579 about on this YouTube channel. And should you think that you
5580
5581 1396
5582 01:33:56,340 ~-~-> 01:33:59,070
5583 now have the imbalance or volume imbalance? Let's go back
5584
5585 1397
5586 01:33:59,070 ~-~-> 01:34:04,830
5587 out to a daily chart. I now just keep going on. But if you
5588
5589 1398
5590 01:34:04,830 ~-~-> 01:34:07,110
5591 paid for this, what do you want it to be long in for rich
5592
5593 1399
5594 01:34:07,110 ~-~-> 01:34:10,050
5595 content. See, that's the difference. If you don't pay for
5596
5597 1400
5598 01:34:10,050 ~-~-> 01:34:12,510
5599 it, you just want everything you're short and quick, because
5600
5601 1401
5602 01:34:12,510 ~-~-> 01:34:15,120
5603 your time is too valuable. Well guess what my time is more
5604
5605 1402
5606 01:34:15,120 ~-~-> 01:34:19,830
5607 valuable. I'm going to spend it the way I want. So we're
5608
5609 1403
5610 01:34:19,830 ~-~-> 01:34:24,720
5611 looking at the idea of a volume imbalance, okay, outlanded
5612
5613 1404
5614 01:34:24,720 ~-~-> 01:34:27,450
5615 over here, and they gave you that turning point, here. I am
5616
5617 1405
5618 01:34:27,690 ~-~-> 01:34:33,720
5619 back here in Terminal. Now, again, when you join for some of
5620
5621 1406
5622 01:34:33,720 ~-~-> 01:34:37,110
5623 you that aren't gonna join didn't know, whatever. This this
5624
5625 1407
5626 01:34:37,110 ~-~-> 01:34:39,600
5627 point doesn't mean anything to you, but the folks that have
5628
5629 1408
5630 01:34:39,600 ~-~-> 01:34:43,920
5631 every aspiration to join, okay, I want you to think about
5632
5633 1409
5634 01:34:43,920 ~-~-> 01:34:48,240
5635 these times in price and go back at these periods where we
5636
5637 1410
5638 01:34:48,240 ~-~-> 01:34:51,150
5639 were doing the weekly commentaries, or I talked about price
5640
5641 1411
5642 01:34:51,150 ~-~-> 01:34:53,430
5643 going up to here, and then running this low and then running
5644
5645 1412
5646 01:34:53,430 ~-~-> 01:34:55,920
5647 this low and running down to here. And then even this volume
5648
5649 1413
5650 01:34:55,920 ~-~-> 01:35:00,720
5651 and balance here. Go you'll see the videos there. They're in
5652
5653 1414
5654 01:35:00,720 ~-~-> 01:35:04,200
5655 library there. And once I make a video if I make a mistake
5656
5657 1415
5658 01:35:04,200 ~-~-> 01:35:06,960
5659 in a video or if I miss something or if I say something
5660
5661 1416
5662 01:35:06,960 ~-~-> 01:35:11,940
5663 wrong, call abyssea sibi or an imbalance of volume and
5664
5665 1417
5666 01:35:11,940 ~-~-> 01:35:14,580
5667 bounce I've made a mistake and call it a fair value get once
5668
5669 1418
5670 01:35:14,580 ~-~-> 01:35:17,880
5671 in a while, because I'm not working with a script, just like
5672
5673 1419
5674 01:35:17,880 ~-~-> 01:35:21,690
5675 now I'm done speaking. This is why sometimes I go overboard
5676
5677 1420
5678 01:35:21,690 ~-~-> 01:35:24,480
5679 because I don't have it spelled out with what I want to say.
5680
5681 1421
5682 01:35:24,930 ~-~-> 01:35:27,360
5683 Because I don't have a boss except for my wife. And right
5684
5685 1422
5686 01:35:27,360 ~-~-> 01:35:30,480
5687 now I have lots of time. So I can say what's on my mind and,
5688
5689 1423
5690 01:35:30,690 ~-~-> 01:35:36,090
5691 and speak freely. If I make a mistake in a video, once it's
5692
5693 1424
5694 01:35:36,090 ~-~-> 01:35:41,730
5695 uploaded, it's there. Right or wrong? Glory or shame. Okay.
5696
5697 1425
5698 01:35:41,940 ~-~-> 01:35:46,800
5699 It is the way it is. Okay, I am absolutely 100% transparent.
5700
5701 1426
5702 01:35:46,890 ~-~-> 01:35:51,510
5703 If I make a mistake, if I call it wrong, it is what it is. I
5704
5705 1427
5706 01:35:51,540 ~-~-> 01:35:56,280
5707 eat it. But you'll see that these turning points that I've
5708
5709 1428
5710 01:35:56,280 ~-~-> 01:36:02,400
5711 just mentioned here in just cash discussion, we spelled out
5712
5713 1429
5714 01:36:02,430 ~-~-> 01:36:06,600
5715 before it happened. And that's what the mentorship is I'm
5716
5717 1430
5718 01:36:06,600 ~-~-> 01:36:09,690
5719 pointing to where the markets going on a higher timeframe.
5720
5721 1431
5722 01:36:10,170 ~-~-> 01:36:13,140
5723 So I'm keeping all my students framed on the right side of
5724
5725 1432
5726 01:36:13,140 ~-~-> 01:36:16,650
5727 the marketplace. And then you use the tools I teach in the
5728
5729 1433
5730 01:36:16,650 ~-~-> 01:36:19,770
5731 lessons and or the additional commentary that's coming, and
5732
5733 1434
5734 01:36:19,770 ~-~-> 01:36:22,290
5735 in whatever the price action models that I do for charter
5736
5737 1435
5738 01:36:22,290 ~-~-> 01:36:26,070
5739 members and trading plans and such, and you use those as a
5740
5741 1436
5742 01:36:26,700 ~-~-> 01:36:31,110
5743 means to practice because I don't believe that everyone can
5744
5745 1437
5746 01:36:31,140 ~-~-> 01:36:34,470
5747 train a specific way and they all agree to that methodology
5748
5749 1438
5750 01:36:34,470 ~-~-> 01:36:36,750
5751 and they're profitable, because we're all unique
5752
5753 1439
5754 01:36:36,750 ~-~-> 01:36:40,380
5755 individuals. Some of you like certain sports, I hate sports.
5756
5757 1440
5758 01:36:40,890 ~-~-> 01:36:44,220
5759 Some of you like certain weapons, and I like guns. I don't
5760
5761 1441
5762 01:36:44,220 ~-~-> 01:36:46,890
5763 like certain guns. Okay, so we all have our own personal
5764
5765 1442
5766 01:36:47,100 ~-~-> 01:36:50,190
5767 opinions about things. And the market is the same way but
5768
5769 1443
5770 01:36:50,190 ~-~-> 01:36:54,060
5771 it's more so in this in the realm of trading because it's
5772
5773 1444
5774 01:36:54,090 ~-~-> 01:36:58,710
5775 highly specific to our personality. If it doesn't jive with
5776
5777 1445
5778 01:36:58,710 ~-~-> 01:37:02,010
5779 your mattress. thought process about things or even life,
5780
5781 1446
5782 01:37:03,420 ~-~-> 01:37:05,460
5783 you're probably not going to be successful. And that's the
5784
5785 1447
5786 01:37:05,460 ~-~-> 01:37:09,180
5787 reason why a lot of people that come to me, if they don't
5788
5789 1448
5790 01:37:09,180 ~-~-> 01:37:12,930
5791 subscribe to the evidence that I provide, then they're the
5792
5793 1449
5794 01:37:12,930 ~-~-> 01:37:17,550
5795 ones that hate me. Because they can't accept the facts that
5796
5797 1450
5798 01:37:17,580 ~-~-> 01:37:21,240
5799 are shown to them. So therefore, I'm the jerk. I'm the, the
5800
5801 1451
5802 01:37:21,240 ~-~-> 01:37:24,870
5803 liar, the fraud, the whatever, okay, but I have evidence to
5804
5805 1452
5806 01:37:24,870 ~-~-> 01:37:27,060
5807 prove all these things. And I have a track record behind it.
5808
5809 1453
5810 01:37:27,090 ~-~-> 01:37:30,930
5811 I'm on record with it. So if I don't know what I'm talking
5812
5813 1454
5814 01:37:30,930 ~-~-> 01:37:34,710
5815 about, I would have fallen on my face flat in 2016. When I
5816
5817 1455
5818 01:37:34,710 ~-~-> 01:37:36,330
5819 started all this is a mentorship.
5820
5821 1456
5822 01:37:38,370 ~-~-> 01:37:41,640
5823 They'll keep scrolling, and the streak continues. It's not
5824
5825 1457
5826 01:37:41,640 ~-~-> 01:37:45,930
5827 100% up but I'm in the high 90s. So if you look at this
5828
5829 1458
5830 01:37:45,930 ~-~-> 01:37:50,490
5831 price action right there. Okay, we have a close on that
5832
5833 1459
5834 01:37:50,490 ~-~-> 01:37:55,110
5835 candle and the open there that is basically the same thing
5836
5837 1460
5838 01:37:55,110 ~-~-> 01:38:01,260
5839 I'm outlining here and over here, right This little gap
5840
5841 1461
5842 01:38:01,260 ~-~-> 01:38:07,350
5843 between the clothes and the open museum is right here. So
5844
5845 1462
5846 01:38:07,500 ~-~-> 01:38:09,570
5847 when price gets up to that level, it should sell off, right?
5848
5849 1463
5850 01:38:09,630 ~-~-> 01:38:12,330
5851 Because that's a volume imbalance. That's what you are going
5852
5853 1464
5854 01:38:12,330 ~-~-> 01:38:14,760
5855 to do the guys that are on YouTube trying to take my stuff
5856
5857 1465
5858 01:38:14,760 ~-~-> 01:38:19,140
5859 and pretend it's this and that getting your side hustles on.
5860
5861 1466
5862 01:38:20,160 ~-~-> 01:38:25,050
5863 That's not a volume imbalance. There is no volume imbalance
5864
5865 1467
5866 01:38:25,080 ~-~-> 01:38:29,130
5867 there. That's why it runs right on through it. There's logic
5868
5869 1468
5870 01:38:29,130 ~-~-> 01:38:34,170
5871 behind over here that says that's not a volume imbalance.
5872
5873 1469
5874 01:38:34,680 ~-~-> 01:38:36,540
5875 See, that's the difference of having someone that knows what
5876
5877 1470
5878 01:38:36,540 ~-~-> 01:38:40,200
5879 you're talking about in a mentor. Well glad point out
5880
5881 1471
5882 01:38:40,350 ~-~-> 01:38:45,540
5883 certain things in the charts. The price reacts at those. I'm
5884
5885 1472
5886 01:38:45,540 ~-~-> 01:38:48,810
5887 not doing what you see me here doing, saying okay, we're
5888
5889 1473
5890 01:38:48,810 ~-~-> 01:38:52,440
5891 smart, because look at this and look at that. I'm saying I'm
5892
5893 1474
5894 01:38:52,470 ~-~-> 01:38:55,890
5895 accurate because I forecasted this turn and run down to
5896
5897 1475
5898 01:38:55,890 ~-~-> 01:39:02,220
5899 here. I don't know. I don't know how say other than that, if
5900
5901 1476
5902 01:39:02,220 ~-~-> 01:39:07,890
5903 you put your time in investing in the study of the things I
5904
5905 1477
5906 01:39:07,890 ~-~-> 01:39:14,760
5907 give you on this YouTube channel, I guarantee, I promise, I
5908
5909 1478
5910 01:39:14,790 ~-~-> 01:39:20,940
5911 absolutely believe that you will find your home in trading.
5912
5913 1479
5914 01:39:21,900 ~-~-> 01:39:25,530
5915 Even if you can't afford or never even want to pay for
5916
5917 1480
5918 01:39:25,530 ~-~-> 01:39:29,550
5919 mentorship by me, you don't need to. I want you to know
5920
5921 1481
5922 01:39:29,550 ~-~-> 01:39:32,880
5923 that. As much as it sound like a sales pitch, I really want
5924
5925 1482
5926 01:39:32,880 ~-~-> 01:39:38,670
5927 you to believe and I have worked my ass off since 2010,
5928
5929 1483
5930 01:39:39,000 ~-~-> 01:39:45,240
5931 providing content that is absolutely game changing. And
5932
5933 1484
5934 01:39:45,270 ~-~-> 01:39:50,160
5935 honestly, I had anxiety a few times with some of the lessons
5936
5937 1485
5938 01:39:50,160 ~-~-> 01:39:54,270
5939 I've given out, because I just felt like I knew once I gave
5940
5941 1486
5942 01:39:54,270 ~-~-> 01:39:58,350
5943 them that Yahoo's out there, we'll try to take it and rename
5944
5945 1487
5946 01:39:58,350 ~-~-> 01:40:01,200
5947 it and you never even credit me. Because they want to try to
5948
5949 1488
5950 01:40:01,200 ~-~-> 01:40:04,170
5951 make a fast buck off of it. And I'm sure later on in life,
5952
5953 1489
5954 01:40:04,170 ~-~-> 01:40:07,230
5955 they'll probably send me an email. Hey, on that guys it did.
5956
5957 1490
5958 01:40:07,230 ~-~-> 01:40:11,220
5959 That was a it was a jerk. I shouldn't have done it. But, you
5960
5961 1491
5962 01:40:11,220 ~-~-> 01:40:14,400
5963 know, I regret doing it now and I apologize bowler. You
5964
5965 1492
5966 01:40:14,400 ~-~-> 01:40:17,580
5967 know, I've had that in the past back group from America
5968
5969 1493
5970 01:40:17,580 ~-~-> 01:40:21,630
5971 Online. A lot of guys took my stuff back then. And, you
5972
5973 1494
5974 01:40:21,630 ~-~-> 01:40:26,130
5975 know, tried to repackage it. And I don't want to have
5976
5977 1495
5978 01:40:26,130 ~-~-> 01:40:28,710
5979 relationships like that. You know, I want all of the people
5980
5981 1496
5982 01:40:28,710 ~-~-> 01:40:32,070
5983 to ever come into my life to say, Hey, you know what? I'm
5984
5985 1497
5986 01:40:32,070 ~-~-> 01:40:35,520
5987 thankful that you endured all the things you had to do to
5988
5989 1498
5990 01:40:35,520 ~-~-> 01:40:38,760
5991 get this. I'm thankful that the Lord blessed you with this
5992
5993 1499
5994 01:40:38,760 ~-~-> 01:40:41,310
5995 and you've kept your promise that you'd be willing to share
5996
5997 1500
5998 01:40:41,310 ~-~-> 01:40:45,990
5999 it. I have done that. Okay, I have made this YouTube channel
6000
6001 1501
6002 01:40:45,990 ~-~-> 01:40:51,360
6003 with that spirit in mind. I love teaching. I've prayed to be
6004
6005 1502
6006 01:40:51,360 ~-~-> 01:40:53,970
6007 a teacher since I was a young man. I wanted to be a martial
6008
6009 1503
6010 01:40:53,970 ~-~-> 01:40:58,020
6011 arts instructor. I wanted to I've always wanted to teach and
6012
6013 1504
6014 01:40:58,020 ~-~-> 01:41:00,570
6015 obviously you can hear I'm very passionate about I've known
6016
6017 1505
6018 01:41:00,570 ~-~-> 01:41:03,450
6019 there's nothing except for God that I'm more passionate
6020
6021 1506
6022 01:41:03,450 ~-~-> 01:41:07,680
6023 about than trading. Because I have done nothing more in life
6024
6025 1507
6026 01:41:07,680 ~-~-> 01:41:12,600
6027 than this. This is, you've heard it, if I could go back and
6028
6029 1508
6030 01:41:12,600 ~-~-> 01:41:17,760
6031 talk to my younger self, I have literally sacrificed some of
6032
6033 1509
6034 01:41:17,760 ~-~-> 01:41:20,640
6035 the most treasured moments in my life as a father and a
6036
6037 1510
6038 01:41:20,640 ~-~-> 01:41:31,380
6039 husband to this. So the only satisfaction I can get is, at
6040
6041 1511
6042 01:41:31,380 ~-~-> 01:41:35,730
6043 least I'm really, really good at it. So I try to live there
6044
6045 1512
6046 01:41:35,730 ~-~-> 01:41:39,300
6047 as a means of therapy. When I created this YouTube channel,
6048
6049 1513
6050 01:41:39,330 ~-~-> 01:41:43,560
6051 it was twofold. Number one, it was a way for me to
6052
6053 1514
6054 01:41:43,740 ~-~-> 01:41:48,900
6055 compensate myself emotionally and psychologically, for all
6056
6057 1515
6058 01:41:48,900 ~-~-> 01:41:52,080
6059 the things that I did to hurt myself. In my own personal
6060
6061 1516
6062 01:41:52,080 ~-~-> 01:41:57,660
6063 life, physically, health. I created mental illnesses through
6064
6065 1517
6066 01:41:57,660 ~-~-> 01:42:03,150
6067 this stuff and Last time, the family members, I'm never
6068
6069 1518
6070 01:42:03,150 ~-~-> 01:42:08,460
6071 going to get that back. So I'm not just a trading guru,
6072
6073 1519
6074 01:42:08,490 ~-~-> 01:42:13,170
6075 educator teacher, okay, I'm a life coach. I don't want to be
6076
6077 1520
6078 01:42:13,170 ~-~-> 01:42:16,110
6079 a life coach. I want to be a mentor that teaches you how to
6080
6081 1521
6082 01:42:16,110 ~-~-> 01:42:21,450
6083 trade really well. But by default, I use my real life to
6084
6085 1522
6086 01:42:21,450 ~-~-> 01:42:24,540
6087 show you, if you don't listen to what I'm teaching you,
6088
6089 1523
6090 01:42:25,500 ~-~-> 01:42:28,800
6091 you're going to make these same painful mistakes. And they
6092
6093 1524
6094 01:42:28,800 ~-~-> 01:42:31,320
6095 are much more costly than just using or blowing your
6096
6097 1525
6098 01:42:31,320 ~-~-> 01:42:31,680
6099 account.
6100
6101 1526
6102 01:42:34,230 ~-~-> 01:42:37,530
6103 You can always put more money back into an account. But you
6104
6105 1527
6106 01:42:37,530 ~-~-> 01:42:40,830
6107 can't go back and spend those precious moments with your
6108
6109 1528
6110 01:42:40,830 ~-~-> 01:42:47,370
6111 family. Again, once they're gone. You can't do it. So if I
6112
6113 1529
6114 01:42:47,370 ~-~-> 01:42:51,930
6115 can cultivate that mindset early on, and steer you the right
6116
6117 1530
6118 01:42:51,930 ~-~-> 01:42:57,060
6119 way and help you navigate nothing could be more rewarding
6120
6121 1531
6122 01:42:57,120 ~-~-> 01:43:00,900
6123 for me as an educator than that because If I can preserve
6124
6125 1532
6126 01:43:00,900 ~-~-> 01:43:05,610
6127 you long enough for you to find yourself in this industry. I
6128
6129 1533
6130 01:43:05,610 ~-~-> 01:43:10,200
6131 can't wait to read your story. I can't wait. I'm so excited
6132
6133 1534
6134 01:43:10,350 ~-~-> 01:43:15,300
6135 to see what you did. Like I can't wait. I am creating
6136
6137 1535
6138 01:43:15,600 ~-~-> 01:43:20,070
6139 volumes of market wizards. You ever read that book from jack
6140
6141 1536
6142 01:43:20,070 ~-~-> 01:43:23,850
6143 swagger? To lose books? The first one and the second one? I
6144
6145 1537
6146 01:43:23,850 ~-~-> 01:43:26,640
6147 think they're the best. The ones after that I'm really
6148
6149 1538
6150 01:43:26,640 ~-~-> 01:43:29,940
6151 impressed with no. You know, I'm not trying to be
6152
6153 1539
6154 01:43:29,970 ~-~-> 01:43:35,400
6155 disrespectful jack. But the point is, I love reading new
6156
6157 1540
6158 01:43:35,400 ~-~-> 01:43:40,200
6159 stories. And I'm creating those types of people right now.
6160
6161 1541
6162 01:43:41,340 ~-~-> 01:43:46,230
6163 And I'm so excited that I hope I live long enough to see
6164
6165 1542
6166 01:43:47,430 ~-~-> 01:43:55,290
6167 your story. I want to see it and that the small part that I
6168
6169 1543
6170 01:43:55,290 ~-~-> 01:44:01,380
6171 had in that is going to bring me so much joy I'm so excited
6172
6173 1544
6174 01:44:01,380 ~-~-> 01:44:05,280
6175 to see that. So with that, I'm gonna wish you a very
6176
6177 1545
6178 01:44:05,280 ~-~-> 01:44:07,470
6179 pleasant day. I wish you good luck, good trading and I'll
6180
6181 1546
6182 01:44:07,470 ~-~-> 01:44:08,640
6183 talk to you again on Thursday.