Wiki source code of ICT YT - 2020-09-15 - ICT Forex Price Action Lesson - GbpUsd Trade Recap and Price Action Lecture.srt
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|---|---|---|---|
| 1 | 1 | ||
| 2 | 00:00:17,520 ~-~-> 00:00:20,700 | ||
| 3 | ICT: There's gonna be a short little lesson on the trade | ||
| 4 | |||
| 5 | 2 | ||
| 6 | 00:00:20,730 ~-~-> 00:00:25,020 | ||
| 7 | showed this morning for the New York open trading de cable | ||
| 8 | |||
| 9 | 3 | ||
| 10 | 00:00:25,020 ~-~-> 00:00:29,100 | ||
| 11 | or pound dollar. Before I get into it, I'm going to give you | ||
| 12 | |||
| 13 | 4 | ||
| 14 | 00:00:29,100 ~-~-> 00:00:31,530 | ||
| 15 | a little bit of background as to why I was only looking at a | ||
| 16 | |||
| 17 | 5 | ||
| 18 | 00:00:31,530 ~-~-> 00:00:37,050 | ||
| 19 | scalp and not a large range move where it opens, makes the | ||
| 20 | |||
| 21 | 6 | ||
| 22 | 00:00:37,050 ~-~-> 00:00:41,790 | ||
| 23 | high today and closes on the low. Looking at the Dollar | ||
| 24 | |||
| 25 | 7 | ||
| 26 | 00:00:41,790 ~-~-> 00:00:45,900 | ||
| 27 | Index, this is our daily chart. And if you look at what | ||
| 28 | |||
| 29 | 8 | ||
| 30 | 00:00:45,900 ~-~-> 00:00:49,170 | ||
| 31 | we're doing here, we're range bound, it's not really making | ||
| 32 | |||
| 33 | 9 | ||
| 34 | 00:00:49,170 ~-~-> 00:00:53,130 | ||
| 35 | any ground higher or lower. And my students know that this | ||
| 36 | |||
| 37 | 10 | ||
| 38 | 00:00:53,130 ~-~-> 00:00:59,520 | ||
| 39 | is what we've been sitting in. So our prognostication is | ||
| 40 | |||
| 41 | 11 | ||
| 42 | 00:00:59,520 ~-~-> 00:01:03,450 | ||
| 43 | dialed back goes, we're not looking for big trending moves, | ||
| 44 | |||
| 45 | 12 | ||
| 46 | 00:01:03,540 ~-~-> 00:01:06,390 | ||
| 47 | we're not looking for big breakout moves, we're waiting for | ||
| 48 | |||
| 49 | 13 | ||
| 50 | 00:01:06,390 ~-~-> 00:01:08,550 | ||
| 51 | the central banks to reprice outside of this range, and we | ||
| 52 | |||
| 53 | 14 | ||
| 54 | 00:01:08,550 ~-~-> 00:01:12,420 | ||
| 55 | don't really particularly care which direction it is. But | ||
| 56 | |||
| 57 | 15 | ||
| 58 | 00:01:12,690 ~-~-> 00:01:16,410 | ||
| 59 | while it's in these ranges, you have to at least consider | ||
| 60 | |||
| 61 | 16 | ||
| 62 | 00:01:17,670 ~-~-> 00:01:23,790 | ||
| 63 | the effects of trying to look for a big breakout move, | ||
| 64 | |||
| 65 | 17 | ||
| 66 | 00:01:24,600 ~-~-> 00:01:29,160 | ||
| 67 | versus staying within the range. Okay, so have that in mind | ||
| 68 | |||
| 69 | 18 | ||
| 70 | 00:01:29,160 ~-~-> 00:01:32,250 | ||
| 71 | when we look at the cable. And I'll talk a little bit about | ||
| 72 | |||
| 73 | 19 | ||
| 74 | 00:01:32,250 ~-~-> 00:01:34,890 | ||
| 75 | what I mean by that and how it relates to the British Pound | ||
| 76 | |||
| 77 | 20 | ||
| 78 | 00:01:34,890 ~-~-> 00:01:38,130 | ||
| 79 | versus the US dollar. But for now, just know that while this | ||
| 80 | |||
| 81 | 21 | ||
| 82 | 00:01:38,940 ~-~-> 00:01:43,380 | ||
| 83 | dollar index is in consolidation, that was the precursor | ||
| 84 | |||
| 85 | 22 | ||
| 86 | 00:01:43,710 ~-~-> 00:01:46,440 | ||
| 87 | that set the stage for me to only look for scalps. Whereas | ||
| 88 | |||
| 89 | 23 | ||
| 90 | 00:01:46,710 ~-~-> 00:01:49,230 | ||
| 91 | some days when I get into the marketplace, I'll be looking | ||
| 92 | |||
| 93 | 24 | ||
| 94 | 00:01:49,230 ~-~-> 00:01:53,160 | ||
| 95 | to take a trade that will be a continuation of whatever | ||
| 96 | |||
| 97 | 25 | ||
| 98 | 00:01:53,160 ~-~-> 00:01:57,330 | ||
| 99 | London does. And today was a market reversal profile. And | ||
| 100 | |||
| 101 | 26 | ||
| 102 | 00:01:57,330 ~-~-> 00:02:03,210 | ||
| 103 | I'm using the new york open to do that to facilitate it. So | ||
| 104 | |||
| 105 | 27 | ||
| 106 | 00:02:04,080 ~-~-> 00:02:07,890 | ||
| 107 | while the New York open was the framework, as I teach the | ||
| 108 | |||
| 109 | 28 | ||
| 110 | 00:02:07,890 ~-~-> 00:02:10,890 | ||
| 111 | New York open kill zone on this YouTube channel, with the | ||
| 112 | |||
| 113 | 29 | ||
| 114 | 00:02:10,890 ~-~-> 00:02:14,070 | ||
| 115 | optimal trade entry pattern recognition series, I introduced | ||
| 116 | |||
| 117 | 30 | ||
| 118 | 00:02:14,070 ~-~-> 00:02:16,620 | ||
| 119 | a time window of 830 in the morning till 11 o'clock in the | ||
| 120 | |||
| 121 | 31 | ||
| 122 | 00:02:16,620 ~-~-> 00:02:22,020 | ||
| 123 | morning, Eastern Standard Time. That was the actual time | ||
| 124 | |||
| 125 | 32 | ||
| 126 | 00:02:22,020 ~-~-> 00:02:26,160 | ||
| 127 | that the trade was taken. Okay, so using that framework, you | ||
| 128 | |||
| 129 | 33 | ||
| 130 | 00:02:26,160 ~-~-> 00:02:29,010 | ||
| 131 | can actually see the breaker that outline, that was the | ||
| 132 | |||
| 133 | 34 | ||
| 134 | 00:02:29,010 ~-~-> 00:02:32,040 | ||
| 135 | actual pattern within the time element that's required for | ||
| 136 | |||
| 137 | 35 | ||
| 138 | 00:02:32,490 ~-~-> 00:02:39,600 | ||
| 139 | trading institutional trading. So let's go over to the | ||
| 140 | |||
| 141 | 36 | ||
| 142 | 00:02:39,600 ~-~-> 00:02:42,120 | ||
| 143 | British pound. Alright, so here's the British pound, this is | ||
| 144 | |||
| 145 | 37 | ||
| 146 | 00:02:42,120 ~-~-> 00:02:46,020 | ||
| 147 | our five minute chart. And there's some of you, in this | ||
| 148 | |||
| 149 | 38 | ||
| 150 | 00:02:46,650 ~-~-> 00:02:49,380 | ||
| 151 | YouTube channel audience probably aren't really interested | ||
| 152 | |||
| 153 | 39 | ||
| 154 | 00:02:49,380 ~-~-> 00:02:53,760 | ||
| 155 | in trading five minute charts. I operate a lot in intraday | ||
| 156 | |||
| 157 | 40 | ||
| 158 | 00:02:53,760 ~-~-> 00:02:56,850 | ||
| 159 | charts. Because again, if you're new to my channel, if it's | ||
| 160 | |||
| 161 | 41 | ||
| 162 | 00:02:56,880 ~-~-> 00:03:00,000 | ||
| 163 | one of the newest videos that you've watched, and you really | ||
| 164 | |||
| 165 | 42 | ||
| 166 | 00:03:00,000 ~-~-> 00:03:03,810 | ||
| 167 | spent any time with my content, I'm a firm believer that | ||
| 168 | |||
| 169 | 43 | ||
| 170 | 00:03:03,840 ~-~-> 00:03:08,520 | ||
| 171 | short term trading, or day trading, at least for my personal | ||
| 172 | |||
| 173 | 44 | ||
| 174 | 00:03:09,720 ~-~-> 00:03:13,650 | ||
| 175 | psyche, and personality, it fits with me because I make very | ||
| 176 | |||
| 177 | 45 | ||
| 178 | 00:03:13,650 ~-~-> 00:03:18,870 | ||
| 179 | quick, snappy decisions. They're not always right. But | ||
| 180 | |||
| 181 | 46 | ||
| 182 | 00:03:18,870 ~-~-> 00:03:22,080 | ||
| 183 | that's my personality. So it's important for you to align | ||
| 184 | |||
| 185 | 47 | ||
| 186 | 00:03:22,080 ~-~-> 00:03:26,250 | ||
| 187 | yourself with some school of thought, with the methodology | ||
| 188 | |||
| 189 | 48 | ||
| 190 | 00:03:26,250 ~-~-> 00:03:29,910 | ||
| 191 | that you're trading with. And also, what timeframe you're | ||
| 192 | |||
| 193 | 49 | ||
| 194 | 00:03:29,910 ~-~-> 00:03:31,650 | ||
| 195 | going to trade because it's really important. If you start | ||
| 196 | |||
| 197 | 50 | ||
| 198 | 00:03:31,650 ~-~-> 00:03:34,620 | ||
| 199 | moving back and forth, I'm going to be a five minute trader, | ||
| 200 | |||
| 201 | 51 | ||
| 202 | 00:03:34,620 ~-~-> 00:03:37,770 | ||
| 203 | I'm going to be a four hour trader, I'm going to be a daily | ||
| 204 | |||
| 205 | 52 | ||
| 206 | 00:03:37,770 ~-~-> 00:03:42,180 | ||
| 207 | trader, you know, you need to pick one timeframe. And if you | ||
| 208 | |||
| 209 | 53 | ||
| 210 | 00:03:42,180 ~-~-> 00:03:45,660 | ||
| 211 | do that, I promise you, you're going to grow in leaps and | ||
| 212 | |||
| 213 | 54 | ||
| 214 | 00:03:45,660 ~-~-> 00:03:50,670 | ||
| 215 | bounds because you will understand price more fluidly. | ||
| 216 | |||
| 217 | 55 | ||
| 218 | 00:03:50,940 ~-~-> 00:03:54,150 | ||
| 219 | Because you're staying on one timeframe, you're not going to | ||
| 220 | |||
| 221 | 56 | ||
| 222 | 00:03:54,150 ~-~-> 00:03:58,500 | ||
| 223 | understand the ebbs and flow of delivery, unless you stay | ||
| 224 | |||
| 225 | 57 | ||
| 226 | 00:03:58,500 ~-~-> 00:04:02,160 | ||
| 227 | and study on one particular timeframe. Now, why five minutes | ||
| 228 | |||
| 229 | 58 | ||
| 230 | 00:04:02,160 ~-~-> 00:04:04,950 | ||
| 231 | for me five minutes, I can get a lot of setups. every single | ||
| 232 | |||
| 233 | 59 | ||
| 234 | 00:04:04,950 ~-~-> 00:04:08,340 | ||
| 235 | week, I can trade every single day, using a five minute | ||
| 236 | |||
| 237 | 60 | ||
| 238 | 00:04:08,340 ~-~-> 00:04:13,890 | ||
| 239 | chart. If I'm aiming for 15 to 20 pips a day, easy, if I'm | ||
| 240 | |||
| 241 | 61 | ||
| 242 | 00:04:13,890 ~-~-> 00:04:18,270 | ||
| 243 | looking for a 50 to 75 PIP week trade, I'm going to frame it | ||
| 244 | |||
| 245 | 62 | ||
| 246 | 00:04:18,300 ~-~-> 00:04:23,730 | ||
| 247 | on an hourly basis like I'm going to show you today. But the | ||
| 248 | |||
| 249 | 63 | ||
| 250 | 00:04:23,730 ~-~-> 00:04:28,350 | ||
| 251 | belief in trading intraday or day trading, and how I believe | ||
| 252 | |||
| 253 | 64 | ||
| 254 | 00:04:28,350 ~-~-> 00:04:33,180 | ||
| 255 | that's superior to even short term trading or swing trading | ||
| 256 | |||
| 257 | 65 | ||
| 258 | 00:04:33,180 ~-~-> 00:04:37,380 | ||
| 259 | or position trading is because the outline that you're using | ||
| 260 | |||
| 261 | 66 | ||
| 262 | 00:04:37,380 ~-~-> 00:04:41,130 | ||
| 263 | for those types of trades, they're larger in magnitude. And | ||
| 264 | |||
| 265 | 67 | ||
| 266 | 00:04:41,130 ~-~-> 00:04:45,450 | ||
| 267 | it takes a lot more time. So if I can take my account and | ||
| 268 | |||
| 269 | 68 | ||
| 270 | 00:04:45,450 ~-~-> 00:04:50,700 | ||
| 271 | flip it multiple times in a shorter span of time because of | ||
| 272 | |||
| 273 | 69 | ||
| 274 | 00:04:50,850 ~-~-> 00:04:54,180 | ||
| 275 | the frequency of trade. Now, some of you already are | ||
| 276 | |||
| 277 | 70 | ||
| 278 | 00:04:54,180 ~-~-> 00:04:56,460 | ||
| 279 | probably thinking well, the more you trade, the more you're | ||
| 280 | |||
| 281 | 71 | ||
| 282 | 00:04:56,460 ~-~-> 00:04:57,060 | ||
| 283 | going to lose. | ||
| 284 | |||
| 285 | 72 | ||
| 286 | 00:04:58,140 ~-~-> 00:05:00,180 | ||
| 287 | If you don't know what you're doing. I agree with I | ||
| 288 | |||
| 289 | 73 | ||
| 290 | 00:05:00,570 ~-~-> 00:05:04,380 | ||
| 291 | absolutely wholeheartedly, I believe that. But if you have | ||
| 292 | |||
| 293 | 74 | ||
| 294 | 00:05:04,410 ~-~-> 00:05:08,280 | ||
| 295 | an understanding how price is delivered, then you're more | ||
| 296 | |||
| 297 | 75 | ||
| 298 | 00:05:08,280 ~-~-> 00:05:12,510 | ||
| 299 | likely to be trading in sync with the algorithm that books | ||
| 300 | |||
| 301 | 76 | ||
| 302 | 00:05:12,510 ~-~-> 00:05:17,070 | ||
| 303 | price. And we're not trying to beat the market, all I'm | ||
| 304 | |||
| 305 | 77 | ||
| 306 | 00:05:17,070 ~-~-> 00:05:20,610 | ||
| 307 | trying to do is get in alignment with it, and write it to | ||
| 308 | |||
| 309 | 78 | ||
| 310 | 00:05:20,610 ~-~-> 00:05:26,340 | ||
| 311 | where I believe it will go to. And while I'm not 100%, up in | ||
| 312 | |||
| 313 | 79 | ||
| 314 | 00:05:26,340 ~-~-> 00:05:32,910 | ||
| 315 | the 90s, so if that sounds impossible, all I'm doing is | ||
| 316 | |||
| 317 | 80 | ||
| 318 | 00:05:32,910 ~-~-> 00:05:35,310 | ||
| 319 | providing evidence of that. Okay, so all you have to do is | ||
| 320 | |||
| 321 | 81 | ||
| 322 | 00:05:35,310 ~-~-> 00:05:38,010 | ||
| 323 | look at my examples here. This is not the last one you're | ||
| 324 | |||
| 325 | 82 | ||
| 326 | 00:05:38,010 ~-~-> 00:05:40,410 | ||
| 327 | going to see, I'll show more as we go towards the end of the | ||
| 328 | |||
| 329 | 83 | ||
| 330 | 00:05:40,410 ~-~-> 00:05:43,830 | ||
| 331 | year. I don't know how I'm going to be doing it next year. | ||
| 332 | |||
| 333 | 84 | ||
| 334 | 00:05:43,980 ~-~-> 00:05:47,190 | ||
| 335 | But just know that towards the end of the year, I'll be | ||
| 336 | |||
| 337 | 85 | ||
| 338 | 00:05:47,310 ~-~-> 00:05:50,160 | ||
| 339 | providing you weekly examples of what it looks like and how | ||
| 340 | |||
| 341 | 86 | ||
| 342 | 00:05:50,400 ~-~-> 00:05:53,970 | ||
| 343 | precise it can be. And if I mess up, I will gladly share | ||
| 344 | |||
| 345 | 87 | ||
| 346 | 00:05:53,970 ~-~-> 00:05:58,470 | ||
| 347 | that with you too. So but five minute charts setups, I can | ||
| 348 | |||
| 349 | 88 | ||
| 350 | 00:05:58,470 ~-~-> 00:06:05,190 | ||
| 351 | get anywhere between 10 to 30 setups a week. Now, in those | ||
| 352 | |||
| 353 | 89 | ||
| 354 | 00:06:05,190 ~-~-> 00:06:13,980 | ||
| 355 | instances, if I'm taking anywhere between four to 18%. Each | ||
| 356 | |||
| 357 | 90 | ||
| 358 | 00:06:13,980 ~-~-> 00:06:19,170 | ||
| 359 | setup, dependent on how I have it geared nothing keeps up | ||
| 360 | |||
| 361 | 91 | ||
| 362 | 00:06:19,170 ~-~-> 00:06:22,530 | ||
| 363 | with that that's velocity, okay. So if you're looking for | ||
| 364 | |||
| 365 | 92 | ||
| 366 | 00:06:22,530 ~-~-> 00:06:28,800 | ||
| 367 | these trades that are 10 are 20, or 100, are you that starts | ||
| 368 | |||
| 369 | 93 | ||
| 370 | 00:06:28,800 ~-~-> 00:06:31,650 | ||
| 371 | with whatever the gearing is that you set to trade up with. | ||
| 372 | |||
| 373 | 94 | ||
| 374 | 00:06:31,710 ~-~-> 00:06:35,340 | ||
| 375 | But then you have to submit to all that time for waiting for | ||
| 376 | |||
| 377 | 95 | ||
| 378 | 00:06:35,340 ~-~-> 00:06:39,390 | ||
| 379 | these daily candles to form these four hour candles to form | ||
| 380 | |||
| 381 | 96 | ||
| 382 | 00:06:39,390 ~-~-> 00:06:42,990 | ||
| 383 | these hourly candles to form in and out of there multiple | ||
| 384 | |||
| 385 | 97 | ||
| 386 | 00:06:42,990 ~-~-> 00:06:47,160 | ||
| 387 | times, like I'm in there with a tommy gun. So while everyone | ||
| 388 | |||
| 389 | 98 | ||
| 390 | 00:06:47,160 ~-~-> 00:06:51,540 | ||
| 391 | else is trying to get these long, hold and and wait for | ||
| 392 | |||
| 393 | 99 | ||
| 394 | 00:06:51,540 ~-~-> 00:06:55,440 | ||
| 395 | these big are multiples, I'm rotating my account over and | ||
| 396 | |||
| 397 | 100 | ||
| 398 | 00:06:55,440 ~-~-> 00:06:58,380 | ||
| 399 | over and over and over again in multiple accounts. And that | ||
| 400 | |||
| 401 | 101 | ||
| 402 | 00:06:58,380 ~-~-> 00:07:04,350 | ||
| 403 | velocity smokes. Any other risk management model there is. | ||
| 404 | |||
| 405 | 102 | ||
| 406 | 00:07:04,830 ~-~-> 00:07:10,680 | ||
| 407 | In fact, that's how Larry Williams won the World Cup contest | ||
| 408 | |||
| 409 | 103 | ||
| 410 | 00:07:10,710 ~-~-> 00:07:14,370 | ||
| 411 | in 1987. It was mostly with day trades and short term | ||
| 412 | |||
| 413 | 104 | ||
| 414 | 00:07:14,370 ~-~-> 00:07:18,960 | ||
| 415 | trades. And you're not going to get the maximum benefit of | ||
| 416 | |||
| 417 | 105 | ||
| 418 | 00:07:19,470 ~-~-> 00:07:23,880 | ||
| 419 | Kelly criterion and optimal F, which is one of the things I | ||
| 420 | |||
| 421 | 106 | ||
| 422 | 00:07:23,880 ~-~-> 00:07:28,350 | ||
| 423 | like to use and that showcasing it yet on YouTube. But I use | ||
| 424 | |||
| 425 | 107 | ||
| 426 | 00:07:28,350 ~-~-> 00:07:32,610 | ||
| 427 | that. And I'm showing you examples of how I teach my | ||
| 428 | |||
| 429 | 108 | ||
| 430 | 00:07:32,610 ~-~-> 00:07:35,400 | ||
| 431 | students how to take partial profits, because you're going | ||
| 432 | |||
| 433 | 109 | ||
| 434 | 00:07:35,400 ~-~-> 00:07:39,900 | ||
| 435 | to learn to trust the setups because I could have easily got | ||
| 436 | |||
| 437 | 110 | ||
| 438 | 00:07:39,900 ~-~-> 00:07:43,350 | ||
| 439 | in that too high, and wrote it down to the low to the London | ||
| 440 | |||
| 441 | 111 | ||
| 442 | 00:07:43,350 ~-~-> 00:07:46,050 | ||
| 443 | clothes low at 11 o'clock in the morning, Eastern Standard | ||
| 444 | |||
| 445 | 112 | ||
| 446 | 00:07:46,050 ~-~-> 00:07:50,010 | ||
| 447 | Time. And that would have been Okay, great. But that's not | ||
| 448 | |||
| 449 | 113 | ||
| 450 | 00:07:50,010 ~-~-> 00:07:54,570 | ||
| 451 | how I teach it, you graduate to that. And I don't know where | ||
| 452 | |||
| 453 | 114 | ||
| 454 | 00:07:54,570 ~-~-> 00:07:58,830 | ||
| 455 | my students are going to be at what leg of their development | ||
| 456 | |||
| 457 | 115 | ||
| 458 | 00:08:00,420 ~-~-> 00:08:03,330 | ||
| 459 | before they can see that type of setup and trust it. So the | ||
| 460 | |||
| 461 | 116 | ||
| 462 | 00:08:03,330 ~-~-> 00:08:06,810 | ||
| 463 | way you learn to trust it is to take partial profits along | ||
| 464 | |||
| 465 | 117 | ||
| 466 | 00:08:06,810 ~-~-> 00:08:10,020 | ||
| 467 | the way, it's so much easier to hold on to a trade | ||
| 468 | |||
| 469 | 118 | ||
| 470 | 00:08:10,620 ~-~-> 00:08:15,120 | ||
| 471 | psychologically and emotionally. And you wrestle with fear | ||
| 472 | |||
| 473 | 119 | ||
| 474 | 00:08:15,120 ~-~-> 00:08:18,570 | ||
| 475 | and greed until you do. And once you take a partial profit. | ||
| 476 | |||
| 477 | 120 | ||
| 478 | 00:08:19,140 ~-~-> 00:08:22,650 | ||
| 479 | Number one, it manages the risk and reduces it. Okay. And | ||
| 480 | |||
| 481 | 121 | ||
| 482 | 00:08:22,650 ~-~-> 00:08:25,230 | ||
| 483 | the concept applied to this by taking partials is | ||
| 484 | |||
| 485 | 122 | ||
| 486 | 00:08:25,230 ~-~-> 00:08:28,590 | ||
| 487 | diminishing risk. Okay, so if you have a notebook, you want | ||
| 488 | |||
| 489 | 123 | ||
| 490 | 00:08:28,590 ~-~-> 00:08:34,230 | ||
| 491 | to put that in there. So many educators, so many would be | ||
| 492 | |||
| 493 | 124 | ||
| 494 | 00:08:34,980 ~-~-> 00:08:40,020 | ||
| 495 | professionals, Okay, tell you, you should not take partials | ||
| 496 | |||
| 497 | 125 | ||
| 498 | 00:08:40,710 ~-~-> 00:08:44,730 | ||
| 499 | because you start with a certain number of risk or | ||
| 500 | |||
| 501 | 126 | ||
| 502 | 00:08:44,730 ~-~-> 00:08:47,820 | ||
| 503 | percentage of risk when your equity. And then if you start | ||
| 504 | |||
| 505 | 127 | ||
| 506 | 00:08:47,820 ~-~-> 00:08:53,040 | ||
| 507 | taking profits early, then their argument is mathematics is | ||
| 508 | |||
| 509 | 128 | ||
| 510 | 00:08:53,070 ~-~-> 00:08:55,800 | ||
| 511 | going to eventually overtake it and say, Okay, if you | ||
| 512 | |||
| 513 | 129 | ||
| 514 | 00:08:55,800 ~-~-> 00:09:00,180 | ||
| 515 | started with risking 2%, and you take profits at one and a | ||
| 516 | |||
| 517 | 130 | ||
| 518 | 00:09:00,180 ~-~-> 00:09:06,270 | ||
| 519 | half, or 1.75%, and you are aiming for 4% or 6%. That's | ||
| 520 | |||
| 521 | 131 | ||
| 522 | 00:09:06,300 ~-~-> 00:09:10,170 | ||
| 523 | stupid in their eyes, because they say that you should hold | ||
| 524 | |||
| 525 | 132 | ||
| 526 | 00:09:10,170 ~-~-> 00:09:13,260 | ||
| 527 | for your targets. Well, these are my targets. These are my | ||
| 528 | |||
| 529 | 133 | ||
| 530 | 00:09:13,260 ~-~-> 00:09:16,890 | ||
| 531 | students targets. We're not in here to be at the high at the | ||
| 532 | |||
| 533 | 134 | ||
| 534 | 00:09:16,890 ~-~-> 00:09:19,500 | ||
| 535 | low and get a trophy for that because we're on social media. | ||
| 536 | |||
| 537 | 135 | ||
| 538 | 00:09:20,520 ~-~-> 00:09:26,430 | ||
| 539 | We engage the marketplace for profiting not trophies. Okay. | ||
| 540 | |||
| 541 | 136 | ||
| 542 | 00:09:26,730 ~-~-> 00:09:29,820 | ||
| 543 | The only way you make your bottom line go up in this | ||
| 544 | |||
| 545 | 137 | ||
| 546 | 00:09:29,820 ~-~-> 00:09:35,340 | ||
| 547 | business is to take profits. Why do these people that teach | ||
| 548 | |||
| 549 | 138 | ||
| 550 | 00:09:35,340 ~-~-> 00:09:40,440 | ||
| 551 | this view, argue this point? How are you going to argue with | ||
| 552 | |||
| 553 | 139 | ||
| 554 | 00:09:40,440 ~-~-> 00:09:42,660 | ||
| 555 | someone that's building their bottom line or you're going to | ||
| 556 | |||
| 557 | 140 | ||
| 558 | 00:09:42,660 ~-~-> 00:09:46,020 | ||
| 559 | tell them they're doing it wrong? And I've always challenged | ||
| 560 | |||
| 561 | 141 | ||
| 562 | 00:09:46,020 ~-~-> 00:09:48,600 | ||
| 563 | these people that have been online that said, you know, it's | ||
| 564 | |||
| 565 | 142 | ||
| 566 | 00:09:48,600 ~-~-> 00:09:52,080 | ||
| 567 | stupid to take partials, okay, show me 30 days trading and | ||
| 568 | |||
| 569 | 143 | ||
| 570 | 00:09:52,080 ~-~-> 00:09:55,950 | ||
| 571 | I'll show you 30 days trading from day one starting today or | ||
| 572 | |||
| 573 | 144 | ||
| 574 | 00:09:55,950 ~-~-> 00:09:56,940 | ||
| 575 | tomorrow or next week. | ||
| 576 | |||
| 577 | 145 | ||
| 578 | 00:09:57,210 ~-~-> 00:10:00,930 | ||
| 579 | And I will smoke any return. If you're Trying to do that low | ||
| 580 | |||
| 581 | 146 | ||
| 582 | 00:10:00,930 ~-~-> 00:10:04,800 | ||
| 583 | multiple hold stuff. And it's not bragging. It's just math | ||
| 584 | |||
| 585 | 147 | ||
| 586 | 00:10:04,800 ~-~-> 00:10:08,430 | ||
| 587 | folks. It's all it is. It's math, these patterns, they | ||
| 588 | |||
| 589 | 148 | ||
| 590 | 00:10:08,430 ~-~-> 00:10:12,870 | ||
| 591 | repeat every single day, every single day. Now, if you don't | ||
| 592 | |||
| 593 | 149 | ||
| 594 | 00:10:12,870 ~-~-> 00:10:16,920 | ||
| 595 | have the eye and the experience to work within the pattern | ||
| 596 | |||
| 597 | 150 | ||
| 598 | 00:10:17,250 ~-~-> 00:10:21,060 | ||
| 599 | and trust it, then obviously Yes, you're not going to agree | ||
| 600 | |||
| 601 | 151 | ||
| 602 | 00:10:21,060 ~-~-> 00:10:24,780 | ||
| 603 | with what I'm saying. It's going to sound like hindsight, | ||
| 604 | |||
| 605 | 152 | ||
| 606 | 00:10:25,440 ~-~-> 00:10:30,000 | ||
| 607 | you know, just nonsense talk. But I'm giving you examples. | ||
| 608 | |||
| 609 | 153 | ||
| 610 | 00:10:30,060 ~-~-> 00:10:34,080 | ||
| 611 | I'm watching the market, I'm setting up my setups, and I'm | ||
| 612 | |||
| 613 | 154 | ||
| 614 | 00:10:34,080 ~-~-> 00:10:37,500 | ||
| 615 | executing, recording the entire thing. And I'm managing it. | ||
| 616 | |||
| 617 | 155 | ||
| 618 | 00:10:38,100 ~-~-> 00:10:42,540 | ||
| 619 | So I don't have to prove anything, you have to prove what | ||
| 620 | |||
| 621 | 156 | ||
| 622 | 00:10:42,540 ~-~-> 00:10:45,690 | ||
| 623 | I'm doing is stupid. It's nonsense, because it's working. | ||
| 624 | |||
| 625 | 157 | ||
| 626 | 00:10:46,290 ~-~-> 00:10:50,280 | ||
| 627 | And it works really well. So if you're on the fence about | ||
| 628 | |||
| 629 | 158 | ||
| 630 | 00:10:50,280 ~-~-> 00:10:54,030 | ||
| 631 | that, just for your own sake, because nothing's going to | ||
| 632 | |||
| 633 | 159 | ||
| 634 | 00:10:54,030 ~-~-> 00:10:56,310 | ||
| 635 | change my mind about this, you're not going to change my | ||
| 636 | |||
| 637 | 160 | ||
| 638 | 00:10:56,310 ~-~-> 00:11:02,190 | ||
| 639 | students minds about this. You take 30 days, and dig into | ||
| 640 | |||
| 641 | 161 | ||
| 642 | 00:11:02,190 ~-~-> 00:11:04,920 | ||
| 643 | the things I'm teaching on this YouTube channel, dig into | ||
| 644 | |||
| 645 | 162 | ||
| 646 | 00:11:04,920 ~-~-> 00:11:12,360 | ||
| 647 | it, and test it. Because if it fails, then clearly, this is | ||
| 648 | |||
| 649 | 163 | ||
| 650 | 00:11:12,360 ~-~-> 00:11:17,730 | ||
| 651 | all luck. But I would counsel you to make a real sober | ||
| 652 | |||
| 653 | 164 | ||
| 654 | 00:11:17,730 ~-~-> 00:11:20,520 | ||
| 655 | attempt to go through it. Don't just watch a video and think | ||
| 656 | |||
| 657 | 165 | ||
| 658 | 00:11:20,520 ~-~-> 00:11:22,410 | ||
| 659 | you understand it, you're gonna have to spend at least a | ||
| 660 | |||
| 661 | 166 | ||
| 662 | 00:11:22,410 ~-~-> 00:11:28,590 | ||
| 663 | minimum of 30 days. If you do, I promise you, your eyes is | ||
| 664 | |||
| 665 | 167 | ||
| 666 | 00:11:28,590 ~-~-> 00:11:31,530 | ||
| 667 | going to open like, wow, this is exactly what's going on. | ||
| 668 | |||
| 669 | 168 | ||
| 670 | 00:11:31,860 ~-~-> 00:11:33,780 | ||
| 671 | And you're not going to get it right every day. And but | ||
| 672 | |||
| 673 | 169 | ||
| 674 | 00:11:33,780 ~-~-> 00:11:36,270 | ||
| 675 | you'll be able to see it after it happens. And that's the | ||
| 676 | |||
| 677 | 170 | ||
| 678 | 00:11:36,270 ~-~-> 00:11:40,830 | ||
| 679 | first stage of development. So when I was on baby pips back | ||
| 680 | |||
| 681 | 171 | ||
| 682 | 00:11:40,830 ~-~-> 00:11:45,540 | ||
| 683 | in 2010, I started with this school of thought, I wanted to | ||
| 684 | |||
| 685 | 172 | ||
| 686 | 00:11:45,540 ~-~-> 00:11:48,390 | ||
| 687 | teach people by pattern recognition, seeing something over | ||
| 688 | |||
| 689 | 173 | ||
| 690 | 00:11:48,390 ~-~-> 00:11:51,660 | ||
| 691 | and over and over again, optimal trade entry. And so many | ||
| 692 | |||
| 693 | 174 | ||
| 694 | 00:11:51,720 ~-~-> 00:11:55,050 | ||
| 695 | individuals like everything else on social media, it's like, | ||
| 696 | |||
| 697 | 175 | ||
| 698 | 00:11:55,050 ~-~-> 00:11:57,930 | ||
| 699 | give it to me right now, I don't have time. Yeah, and you | ||
| 700 | |||
| 701 | 176 | ||
| 702 | 00:11:57,930 ~-~-> 00:12:02,010 | ||
| 703 | owe it to me, because I'm giving you my 10 minutes. I don't | ||
| 704 | |||
| 705 | 177 | ||
| 706 | 00:12:02,010 ~-~-> 00:12:05,070 | ||
| 707 | owe you anything. Okay, I'm gonna do this, regardless if | ||
| 708 | |||
| 709 | 178 | ||
| 710 | 00:12:05,070 ~-~-> 00:12:08,160 | ||
| 711 | you'd like me or not, because I enjoy doing it. But you're | ||
| 712 | |||
| 713 | 179 | ||
| 714 | 00:12:08,160 ~-~-> 00:12:11,400 | ||
| 715 | not going to get what it is you're trying to receive by | ||
| 716 | |||
| 717 | 180 | ||
| 718 | 00:12:11,400 ~-~-> 00:12:14,250 | ||
| 719 | rushing it, or assuming you think you know how you should be | ||
| 720 | |||
| 721 | 181 | ||
| 722 | 00:12:14,250 ~-~-> 00:12:16,410 | ||
| 723 | trained. Because if you think you know how you should be | ||
| 724 | |||
| 725 | 182 | ||
| 726 | 00:12:16,410 ~-~-> 00:12:19,890 | ||
| 727 | trained, then you have all the answers. And you don't need | ||
| 728 | |||
| 729 | 183 | ||
| 730 | 00:12:19,890 ~-~-> 00:12:22,920 | ||
| 731 | me. In fact, you don't need any mentor, keep doing what | ||
| 732 | |||
| 733 | 184 | ||
| 734 | 00:12:22,920 ~-~-> 00:12:25,230 | ||
| 735 | you're doing, because you're making so much money, right? | ||
| 736 | |||
| 737 | 185 | ||
| 738 | 00:12:26,190 ~-~-> 00:12:29,700 | ||
| 739 | See the argument there? You have a problem. And the problem | ||
| 740 | |||
| 741 | 186 | ||
| 742 | 00:12:29,700 ~-~-> 00:12:35,400 | ||
| 743 | is very easily corrected. If you just submit to the idea of | ||
| 744 | |||
| 745 | 187 | ||
| 746 | 00:12:35,430 ~-~-> 00:12:38,580 | ||
| 747 | looking into the things I'm teaching here. It literally | ||
| 748 | |||
| 749 | 188 | ||
| 750 | 00:12:38,580 ~-~-> 00:12:42,000 | ||
| 751 | costs you nothing but your time. And early on people. Oh, | ||
| 752 | |||
| 753 | 189 | ||
| 754 | 00:12:42,000 ~-~-> 00:12:46,410 | ||
| 755 | yeah, time is expensive. Listen, folks, you're not going to | ||
| 756 | |||
| 757 | 190 | ||
| 758 | 00:12:46,410 ~-~-> 00:12:49,110 | ||
| 759 | find this stuff on other YouTube channels, they're not going | ||
| 760 | |||
| 761 | 191 | ||
| 762 | 00:12:49,110 ~-~-> 00:12:51,090 | ||
| 763 | to execute, they're not going to show you trades, they're | ||
| 764 | |||
| 765 | 192 | ||
| 766 | 00:12:51,090 ~-~-> 00:12:53,220 | ||
| 767 | not going to manage this position, they're only going to | ||
| 768 | |||
| 769 | 193 | ||
| 770 | 00:12:53,220 ~-~-> 00:12:57,090 | ||
| 771 | show you an empty four screenshot of something. They did not | ||
| 772 | |||
| 773 | 194 | ||
| 774 | 00:12:57,090 ~-~-> 00:13:01,050 | ||
| 775 | trade with a Live account. They did not do anything that | ||
| 776 | |||
| 777 | 195 | ||
| 778 | 00:13:01,050 ~-~-> 00:13:03,930 | ||
| 779 | makes any sense at all. You're just showing you something | ||
| 780 | |||
| 781 | 196 | ||
| 782 | 00:13:04,200 ~-~-> 00:13:06,510 | ||
| 783 | that maybe panned out over four weeks, because it finally | ||
| 784 | |||
| 785 | 197 | ||
| 786 | 00:13:06,510 ~-~-> 00:13:12,510 | ||
| 787 | made some profit. Think about it. Why aren't there more of | ||
| 788 | |||
| 789 | 198 | ||
| 790 | 00:13:12,510 ~-~-> 00:13:15,150 | ||
| 791 | these things going on? on YouTube? You don't see it? There's | ||
| 792 | |||
| 793 | 199 | ||
| 794 | 00:13:15,150 ~-~-> 00:13:19,920 | ||
| 795 | a lot of people with lots of subscribers, saying, Yeah, I'm | ||
| 796 | |||
| 797 | 200 | ||
| 798 | 00:13:19,920 ~-~-> 00:13:22,200 | ||
| 799 | thinking about going out on YouTube and and show my | ||
| 800 | |||
| 801 | 201 | ||
| 802 | 00:13:22,200 ~-~-> 00:13:26,100 | ||
| 803 | executions. And they don't do it. They're not there. They're | ||
| 804 | |||
| 805 | 202 | ||
| 806 | 00:13:26,100 ~-~-> 00:13:30,750 | ||
| 807 | not doing it. They'll talk a good game. And everybody's | ||
| 808 | |||
| 809 | 203 | ||
| 810 | 00:13:30,750 ~-~-> 00:13:34,500 | ||
| 811 | asked for this for so long. And now that I'm doing it, you | ||
| 812 | |||
| 813 | 204 | ||
| 814 | 00:13:34,500 ~-~-> 00:13:42,870 | ||
| 815 | still you still arguing wrestle and doubt why why you could | ||
| 816 | |||
| 817 | 205 | ||
| 818 | 00:13:42,870 ~-~-> 00:13:48,330 | ||
| 819 | be so much more profitable. You could be much more relaxed | ||
| 820 | |||
| 821 | 206 | ||
| 822 | 00:13:48,330 ~-~-> 00:13:50,670 | ||
| 823 | about the marketplace, you're not going to be so keyed up. | ||
| 824 | |||
| 825 | 207 | ||
| 826 | 00:13:50,940 ~-~-> 00:13:52,440 | ||
| 827 | And you're not going to be worrying about giving your | ||
| 828 | |||
| 829 | 208 | ||
| 830 | 00:13:52,440 ~-~-> 00:13:55,680 | ||
| 831 | opinion everybody through their YouTube video comments, or | ||
| 832 | |||
| 833 | 209 | ||
| 834 | 00:13:55,680 ~-~-> 00:13:59,790 | ||
| 835 | thumbs down. Because none of that stuff works when people | ||
| 836 | |||
| 837 | 210 | ||
| 838 | 00:13:59,790 ~-~-> 00:14:03,600 | ||
| 839 | can really do this. Like i'm amused by that. And my students | ||
| 840 | |||
| 841 | 211 | ||
| 842 | 00:14:03,600 ~-~-> 00:14:06,810 | ||
| 843 | are amused by it, because the folks that are on the outside, | ||
| 844 | |||
| 845 | 212 | ||
| 846 | 00:14:07,440 ~-~-> 00:14:10,080 | ||
| 847 | okay, or the folks that have not really spent any time in | ||
| 848 | |||
| 849 | 213 | ||
| 850 | 00:14:10,080 ~-~-> 00:14:15,030 | ||
| 851 | the lessons that I show on this YouTube channel. They come | ||
| 852 | |||
| 853 | 214 | ||
| 854 | 00:14:15,030 ~-~-> 00:14:17,640 | ||
| 855 | in with a preconceived notion that this is the way the | ||
| 856 | |||
| 857 | 215 | ||
| 858 | 00:14:17,640 ~-~-> 00:14:21,540 | ||
| 859 | market works. It's a buying sell. It's overbought, oversold, | ||
| 860 | |||
| 861 | 216 | ||
| 862 | 00:14:22,080 ~-~-> 00:14:26,220 | ||
| 863 | it's a supply and demand. It's a harmonic pattern. It's a | ||
| 864 | |||
| 865 | 217 | ||
| 866 | 00:14:26,220 ~-~-> 00:14:33,480 | ||
| 867 | footprint. No, it's not. It's rigged. It's simple as that. | ||
| 868 | |||
| 869 | 218 | ||
| 870 | 00:14:33,780 ~-~-> 00:14:36,480 | ||
| 871 | It's just so much easier. If you just submit to the idea | ||
| 872 | |||
| 873 | 219 | ||
| 874 | 00:14:36,480 ~-~-> 00:14:41,430 | ||
| 875 | that you have no chance with longevity, and consistency. | ||
| 876 | |||
| 877 | 220 | ||
| 878 | 00:14:41,760 ~-~-> 00:14:44,820 | ||
| 879 | Following retail logic. You're going to have so many more | ||
| 880 | |||
| 881 | 221 | ||
| 882 | 00:14:44,820 ~-~-> 00:14:49,020 | ||
| 883 | losing trades than you need to know. Are there profitable | ||
| 884 | |||
| 885 | 222 | ||
| 886 | 00:14:49,020 ~-~-> 00:14:50,520 | ||
| 887 | retail traders? Yes. | ||
| 888 | |||
| 889 | 223 | ||
| 890 | 00:14:51,450 ~-~-> 00:14:55,320 | ||
| 891 | Absolutely. I'm not arguing that. All I'm suggesting to you | ||
| 892 | |||
| 893 | 224 | ||
| 894 | 00:14:55,320 ~-~-> 00:15:01,830 | ||
| 895 | is how much better could you make it Well, using what you're | ||
| 896 | |||
| 897 | 225 | ||
| 898 | 00:15:01,830 ~-~-> 00:15:05,580 | ||
| 899 | using, if it's all retail logic, you're as good as it's | ||
| 900 | |||
| 901 | 226 | ||
| 902 | 00:15:05,580 ~-~-> 00:15:12,630 | ||
| 903 | going to get. Now, your entry patterns, your stock | ||
| 904 | |||
| 905 | 227 | ||
| 906 | 00:15:12,630 ~-~-> 00:15:16,080 | ||
| 907 | placement, your targeting, their logic for getting in a | ||
| 908 | |||
| 909 | 228 | ||
| 910 | 00:15:16,080 ~-~-> 00:15:21,330 | ||
| 911 | trade. All those things are hinged on some idea that's | ||
| 912 | |||
| 913 | 229 | ||
| 914 | 00:15:21,360 ~-~-> 00:15:26,070 | ||
| 915 | archaic. And I'm telling you that the markets do not care | ||
| 916 | |||
| 917 | 230 | ||
| 918 | 00:15:26,100 ~-~-> 00:15:28,950 | ||
| 919 | about that logic. They don't care about white golf, they | ||
| 920 | |||
| 921 | 231 | ||
| 922 | 00:15:28,950 ~-~-> 00:15:32,250 | ||
| 923 | don't care about supply and demand. It's that stuff is | ||
| 924 | |||
| 925 | 232 | ||
| 926 | 00:15:32,250 ~-~-> 00:15:38,160 | ||
| 927 | nonsense. It's absolute nonsense. The markets are pre | ||
| 928 | |||
| 929 | 233 | ||
| 930 | 00:15:38,430 ~-~-> 00:15:42,390 | ||
| 931 | determined to make the high and the low of the day. Simple | ||
| 932 | |||
| 933 | 234 | ||
| 934 | 00:15:42,390 ~-~-> 00:15:48,060 | ||
| 935 | as that. When you watch my limit order, get filled on this | ||
| 936 | |||
| 937 | 235 | ||
| 938 | 00:15:48,060 ~-~-> 00:15:54,270 | ||
| 939 | trade. I was only three pips away from the low factoring | ||
| 940 | |||
| 941 | 236 | ||
| 942 | 00:15:54,270 ~-~-> 00:15:58,680 | ||
| 943 | spread. I mean, you've seen what it was like earlier in the | ||
| 944 | |||
| 945 | 237 | ||
| 946 | 00:15:58,680 ~-~-> 00:16:03,900 | ||
| 947 | week when I tried to get exactly to the PIP. And sometimes | ||
| 948 | |||
| 949 | 238 | ||
| 950 | 00:16:03,900 ~-~-> 00:16:09,090 | ||
| 951 | my limit orders won't fill. So while I can call those | ||
| 952 | |||
| 953 | 239 | ||
| 954 | 00:16:09,090 ~-~-> 00:16:12,960 | ||
| 955 | levels, the spreads sometimes won't let me do that. So I | ||
| 956 | |||
| 957 | 240 | ||
| 958 | 00:16:12,960 ~-~-> 00:16:17,400 | ||
| 959 | build in five pips on both sides of the trade. And I'm okay | ||
| 960 | |||
| 961 | 241 | ||
| 962 | 00:16:17,400 ~-~-> 00:16:21,750 | ||
| 963 | with that. My ego and my pride, which I still wrestle with, | ||
| 964 | |||
| 965 | 242 | ||
| 966 | 00:16:21,750 ~-~-> 00:16:26,130 | ||
| 967 | because then in the 90s, it just made me believe I was way | ||
| 968 | |||
| 969 | 243 | ||
| 970 | 00:16:26,130 ~-~-> 00:16:29,460 | ||
| 971 | better before I really was. And I still wrestle with that | ||
| 972 | |||
| 973 | 244 | ||
| 974 | 00:16:29,460 ~-~-> 00:16:33,780 | ||
| 975 | now, because I have skills that are evidence, clearly, I can | ||
| 976 | |||
| 977 | 245 | ||
| 978 | 00:16:33,780 ~-~-> 00:16:37,050 | ||
| 979 | see what's going on. So I wrestle with that part, I don't | ||
| 980 | |||
| 981 | 246 | ||
| 982 | 00:16:37,050 ~-~-> 00:16:41,460 | ||
| 983 | wrestle with fear and greed, I wrestle with perfection. And | ||
| 984 | |||
| 985 | 247 | ||
| 986 | 00:16:41,490 ~-~-> 00:16:45,060 | ||
| 987 | the way I combat that, personally, is by coaching my | ||
| 988 | |||
| 989 | 248 | ||
| 990 | 00:16:45,060 ~-~-> 00:16:47,880 | ||
| 991 | students not to aim for that, because you don't want this | ||
| 992 | |||
| 993 | 249 | ||
| 994 | 00:16:47,880 ~-~-> 00:16:53,130 | ||
| 995 | problem. Okay, it sucks. I can see highs and lows, I can see | ||
| 996 | |||
| 997 | 250 | ||
| 998 | 00:16:53,130 ~-~-> 00:16:59,340 | ||
| 999 | session highs and lows to the PIP. But you're never always | ||
| 1000 | |||
| 1001 | 251 | ||
| 1002 | 00:16:59,400 ~-~-> 00:17:02,490 | ||
| 1003 | going to get those executions, where it perfectly gives you | ||
| 1004 | |||
| 1005 | 252 | ||
| 1006 | 00:17:02,490 ~-~-> 00:17:05,670 | ||
| 1007 | the exit points, both case scenario, you know, the high and | ||
| 1008 | |||
| 1009 | 253 | ||
| 1010 | 00:17:05,670 ~-~-> 00:17:07,560 | ||
| 1011 | the low, it's just not going to happen, you're not going to | ||
| 1012 | |||
| 1013 | 254 | ||
| 1014 | 00:17:07,560 ~-~-> 00:17:11,190 | ||
| 1015 | get that there's times And clearly, you can see examples on | ||
| 1016 | |||
| 1017 | 255 | ||
| 1018 | 00:17:11,190 ~-~-> 00:17:13,350 | ||
| 1019 | this YouTube channel, where you see me doing that intraday, | ||
| 1020 | |||
| 1021 | 256 | ||
| 1022 | 00:17:13,740 ~-~-> 00:17:17,520 | ||
| 1023 | I'm really, really tight with the ranges. And I'm trading | ||
| 1024 | |||
| 1025 | 257 | ||
| 1026 | 00:17:17,580 ~-~-> 00:17:22,260 | ||
| 1027 | long and short multiple times in the same day. But I don't | ||
| 1028 | |||
| 1029 | 258 | ||
| 1030 | 00:17:22,260 ~-~-> 00:17:26,550 | ||
| 1031 | do that every single day, there has to be some measure of | ||
| 1032 | |||
| 1033 | 259 | ||
| 1034 | 00:17:28,950 ~-~-> 00:17:33,570 | ||
| 1035 | range expansion, market structure and a weekly profile that | ||
| 1036 | |||
| 1037 | 260 | ||
| 1038 | 00:17:33,570 ~-~-> 00:17:37,170 | ||
| 1039 | I'm operating within that lines up with a daily profile. And | ||
| 1040 | |||
| 1041 | 261 | ||
| 1042 | 00:17:37,170 ~-~-> 00:17:41,610 | ||
| 1043 | when I say profile, I'm talking about a a roadmap of what | ||
| 1044 | |||
| 1045 | 262 | ||
| 1046 | 00:17:41,880 ~-~-> 00:17:44,340 | ||
| 1047 | the market should do. For instance, if I'm bearish, it'll | ||
| 1048 | |||
| 1049 | 263 | ||
| 1050 | 00:17:44,340 ~-~-> 00:17:48,000 | ||
| 1051 | make a high of the day, or high of the day in London. Or if | ||
| 1052 | |||
| 1053 | 264 | ||
| 1054 | 00:17:48,000 ~-~-> 00:17:51,450 | ||
| 1055 | I anticipate a New York session high the day where it runs | ||
| 1056 | |||
| 1057 | 265 | ||
| 1058 | 00:17:51,450 ~-~-> 00:17:54,630 | ||
| 1059 | out the London high in New York session, and then washes out | ||
| 1060 | |||
| 1061 | 266 | ||
| 1062 | 00:17:54,660 ~-~-> 00:17:57,450 | ||
| 1063 | and goes lower and creates the low the day in London close | ||
| 1064 | |||
| 1065 | 267 | ||
| 1066 | 00:17:58,230 ~-~-> 00:18:04,590 | ||
| 1067 | or late New York session close. Those ideas are not going to | ||
| 1068 | |||
| 1069 | 268 | ||
| 1070 | 00:18:04,590 ~-~-> 00:18:07,830 | ||
| 1071 | be expressed here on YouTube. Okay, so I know some of you | ||
| 1072 | |||
| 1073 | 269 | ||
| 1074 | 00:18:07,830 ~-~-> 00:18:11,070 | ||
| 1075 | are gonna fold your hands and start hissing and moaning | ||
| 1076 | |||
| 1077 | 270 | ||
| 1078 | 00:18:11,070 ~-~-> 00:18:17,040 | ||
| 1079 | about that. But I'm what I'm giving you today is gold. And | ||
| 1080 | |||
| 1081 | 271 | ||
| 1082 | 00:18:17,070 ~-~-> 00:18:21,450 | ||
| 1083 | if you use it as a foundation, you're going to find that | ||
| 1084 | |||
| 1085 | 272 | ||
| 1086 | 00:18:21,450 ~-~-> 00:18:24,240 | ||
| 1087 | your understanding about price action is going to grow | ||
| 1088 | |||
| 1089 | 273 | ||
| 1090 | 00:18:24,930 ~-~-> 00:18:32,220 | ||
| 1091 | exponentially. But it's not always a power three, where it | ||
| 1092 | |||
| 1093 | 274 | ||
| 1094 | 00:18:32,220 ~-~-> 00:18:35,580 | ||
| 1095 | opens, makes a low day and closes on the high in a bullish | ||
| 1096 | |||
| 1097 | 275 | ||
| 1098 | 00:18:35,580 ~-~-> 00:18:38,100 | ||
| 1099 | day. It's not always the reverse of that where it opens, | ||
| 1100 | |||
| 1101 | 276 | ||
| 1102 | 00:18:38,100 ~-~-> 00:18:40,380 | ||
| 1103 | makes the high today and closes on the low of the day when | ||
| 1104 | |||
| 1105 | 277 | ||
| 1106 | 00:18:40,380 ~-~-> 00:18:45,060 | ||
| 1107 | it's a bearish sell day. Those are just generic market | ||
| 1108 | |||
| 1109 | 278 | ||
| 1110 | 00:18:45,060 ~-~-> 00:18:49,560 | ||
| 1111 | profiles. But we are not in that we weren't in that today. | ||
| 1112 | |||
| 1113 | 279 | ||
| 1114 | 00:18:49,590 ~-~-> 00:18:52,350 | ||
| 1115 | Let's say it that way. Because we're in this large | ||
| 1116 | |||
| 1117 | 280 | ||
| 1118 | 00:18:52,350 ~-~-> 00:18:57,420 | ||
| 1119 | consolidation. And it's Tuesday, and I don't know. And my | ||
| 1120 | |||
| 1121 | 281 | ||
| 1122 | 00:18:57,420 ~-~-> 00:19:00,780 | ||
| 1123 | students have been told this as well. I don't know with a | ||
| 1124 | |||
| 1125 | 282 | ||
| 1126 | 00:19:00,780 ~-~-> 00:19:04,920 | ||
| 1127 | great deal of clarity if we're going to run higher or lower. | ||
| 1128 | |||
| 1129 | 283 | ||
| 1130 | 00:19:05,250 ~-~-> 00:19:08,790 | ||
| 1131 | But for disclosure sake, I have co signed every single time | ||
| 1132 | |||
| 1133 | 284 | ||
| 1134 | 00:19:08,790 ~-~-> 00:19:11,460 | ||
| 1135 | I sit down with my students, and I tell them what direction | ||
| 1136 | |||
| 1137 | 285 | ||
| 1138 | 00:19:11,490 ~-~-> 00:19:15,150 | ||
| 1139 | I believe gun to my head, what's gonna happen, and I've been | ||
| 1140 | |||
| 1141 | 286 | ||
| 1142 | 00:19:15,150 ~-~-> 00:19:19,320 | ||
| 1143 | expecting the dollar to go higher, not extremely higher, but | ||
| 1144 | |||
| 1145 | 287 | ||
| 1146 | 00:19:19,770 ~-~-> 00:19:23,430 | ||
| 1147 | not lower. Okay, if it goes lower, then I'm wrong. But I | ||
| 1148 | |||
| 1149 | 288 | ||
| 1150 | 00:19:23,430 ~-~-> 00:19:27,480 | ||
| 1151 | have a filter and I teach what makes me wrong about that | ||
| 1152 | |||
| 1153 | 289 | ||
| 1154 | 00:19:27,480 ~-~-> 00:19:33,900 | ||
| 1155 | idea. And if I'm right where it should go. So when I looked | ||
| 1156 | |||
| 1157 | 290 | ||
| 1158 | 00:19:33,900 ~-~-> 00:19:34,650 | ||
| 1159 | at today, | ||
| 1160 | |||
| 1161 | 291 | ||
| 1162 | 00:19:35,550 ~-~-> 00:19:40,530 | ||
| 1163 | I felt that we were running to an old 60 minute tie. And | ||
| 1164 | |||
| 1165 | 292 | ||
| 1166 | 00:19:40,530 ~-~-> 00:19:44,400 | ||
| 1167 | I'll show you that in a moment. But for now, just know that | ||
| 1168 | |||
| 1169 | 293 | ||
| 1170 | 00:19:44,400 ~-~-> 00:19:48,120 | ||
| 1171 | we were trading up to these highs here. That was a run on by | ||
| 1172 | |||
| 1173 | 294 | ||
| 1174 | 00:19:48,120 ~-~-> 00:19:51,420 | ||
| 1175 | side liquidity. And I'll show it to you where it's at. But | ||
| 1176 | |||
| 1177 | 295 | ||
| 1178 | 00:19:51,420 ~-~-> 00:19:54,270 | ||
| 1179 | just understand it in London right here at three o'clock in | ||
| 1180 | |||
| 1181 | 296 | ||
| 1182 | 00:19:54,270 ~-~-> 00:19:58,950 | ||
| 1183 | the morning. We made the low initial low a day for London | ||
| 1184 | |||
| 1185 | 297 | ||
| 1186 | 00:19:58,950 ~-~-> 00:20:03,120 | ||
| 1187 | and rallied up into New York open, New York open starts at | ||
| 1188 | |||
| 1189 | 298 | ||
| 1190 | 00:20:03,120 ~-~-> 00:20:06,060 | ||
| 1191 | seven o'clock in the morning, Eastern Standard Time. We made | ||
| 1192 | |||
| 1193 | 299 | ||
| 1194 | 00:20:06,060 ~-~-> 00:20:10,650 | ||
| 1195 | the high of the day. And then we started the breakdown rate | ||
| 1196 | |||
| 1197 | 300 | ||
| 1198 | 00:20:10,650 ~-~-> 00:20:13,740 | ||
| 1199 | below this low here, that's a break in market structure. | ||
| 1200 | |||
| 1201 | 301 | ||
| 1202 | 00:20:14,340 ~-~-> 00:20:17,280 | ||
| 1203 | What does that mean? Well, if the markets been trading up | ||
| 1204 | |||
| 1205 | 302 | ||
| 1206 | 00:20:18,180 ~-~-> 00:20:22,530 | ||
| 1207 | during London, and it's trading to an old 60 minute high, | ||
| 1208 | |||
| 1209 | 303 | ||
| 1210 | 00:20:22,950 ~-~-> 00:20:26,340 | ||
| 1211 | and you're in a market environment, let's say it this way, | ||
| 1212 | |||
| 1213 | 304 | ||
| 1214 | 00:20:27,420 ~-~-> 00:20:32,790 | ||
| 1215 | that is not predisposed to be trending, it just means it's | ||
| 1216 | |||
| 1217 | 305 | ||
| 1218 | 00:20:32,790 ~-~-> 00:20:37,230 | ||
| 1219 | going to be range bound. So it can go above old highs, just | ||
| 1220 | |||
| 1221 | 306 | ||
| 1222 | 00:20:37,230 ~-~-> 00:20:41,340 | ||
| 1223 | buy a little bit, and then go back inside the range. Or it | ||
| 1224 | |||
| 1225 | 307 | ||
| 1226 | 00:20:41,340 ~-~-> 00:20:46,890 | ||
| 1227 | can go down to old lows by a little bit, and then trade back | ||
| 1228 | |||
| 1229 | 308 | ||
| 1230 | 00:20:46,890 ~-~-> 00:20:50,220 | ||
| 1231 | up into the range. So when we're in market consolidations, | ||
| 1232 | |||
| 1233 | 309 | ||
| 1234 | 00:20:50,640 ~-~-> 00:20:54,900 | ||
| 1235 | it's crucial that you as a developing student, or if you're | ||
| 1236 | |||
| 1237 | 310 | ||
| 1238 | 00:20:54,900 ~-~-> 00:20:58,530 | ||
| 1239 | a trader who struggled in these environments, if you even | ||
| 1240 | |||
| 1241 | 311 | ||
| 1242 | 00:20:58,530 ~-~-> 00:21:02,340 | ||
| 1243 | suspect that the market is likely to stay in consolidation, | ||
| 1244 | |||
| 1245 | 312 | ||
| 1246 | 00:21:02,820 ~-~-> 00:21:05,730 | ||
| 1247 | then it's better to trade with the idea that, okay, if we | ||
| 1248 | |||
| 1249 | 313 | ||
| 1250 | 00:21:05,730 ~-~-> 00:21:08,430 | ||
| 1251 | run out of old high and your long take profits, or at least | ||
| 1252 | |||
| 1253 | 314 | ||
| 1254 | 00:21:08,430 ~-~-> 00:21:11,970 | ||
| 1255 | the majority of your profits there, because it's most likely | ||
| 1256 | |||
| 1257 | 315 | ||
| 1258 | 00:21:12,090 ~-~-> 00:21:13,980 | ||
| 1259 | going to pull back into the range. Now there's going to be | ||
| 1260 | |||
| 1261 | 316 | ||
| 1262 | 00:21:13,980 ~-~-> 00:21:17,700 | ||
| 1263 | times where it really takes off and runs and you miss those | ||
| 1264 | |||
| 1265 | 317 | ||
| 1266 | 00:21:17,700 ~-~-> 00:21:21,090 | ||
| 1267 | moves. That's fine, that don't get frustrated about those | ||
| 1268 | |||
| 1269 | 318 | ||
| 1270 | 00:21:21,090 ~-~-> 00:21:26,130 | ||
| 1271 | types of events. Because in my my repertoire, we have tools | ||
| 1272 | |||
| 1273 | 319 | ||
| 1274 | 00:21:26,130 ~-~-> 00:21:29,400 | ||
| 1275 | that will get us in line. With that run, if it's going to | ||
| 1276 | |||
| 1277 | 320 | ||
| 1278 | 00:21:29,400 ~-~-> 00:21:33,240 | ||
| 1279 | continue, we have no problem missing that initial breakout | ||
| 1280 | |||
| 1281 | 321 | ||
| 1282 | 00:21:33,240 ~-~-> 00:21:36,810 | ||
| 1283 | of a range, we're not trying to forecast a range breakout, | ||
| 1284 | |||
| 1285 | 322 | ||
| 1286 | 00:21:36,840 ~-~-> 00:21:40,650 | ||
| 1287 | that's just simply stupid, in my opinion, because the | ||
| 1288 | |||
| 1289 | 323 | ||
| 1290 | 00:21:40,650 ~-~-> 00:21:43,560 | ||
| 1291 | central bank's going to reprice out of this consolidation | ||
| 1292 | |||
| 1293 | 324 | ||
| 1294 | 00:21:43,560 ~-~-> 00:21:47,580 | ||
| 1295 | dollar when it's ready to and I and my students or anyone | ||
| 1296 | |||
| 1297 | 325 | ||
| 1298 | 00:21:47,580 ~-~-> 00:21:51,000 | ||
| 1299 | else are not going to make it happen. Any singer, rush of | ||
| 1300 | |||
| 1301 | 326 | ||
| 1302 | 00:21:51,000 ~-~-> 00:21:53,910 | ||
| 1303 | buyers and sellers is not going to make it happen. Okay, | ||
| 1304 | |||
| 1305 | 327 | ||
| 1306 | 00:21:53,940 ~-~-> 00:21:57,330 | ||
| 1307 | that's not how this works. The market is going to be priced | ||
| 1308 | |||
| 1309 | 328 | ||
| 1310 | 00:21:57,570 ~-~-> 00:22:02,370 | ||
| 1311 | out of that range. Okay. And because of squeezing or | ||
| 1312 | |||
| 1313 | 329 | ||
| 1314 | 00:22:02,370 ~-~-> 00:22:06,540 | ||
| 1315 | enticement, then traders will catch up and chase that price. | ||
| 1316 | |||
| 1317 | 330 | ||
| 1318 | 00:22:06,840 ~-~-> 00:22:09,480 | ||
| 1319 | They're not pushing price up with buying pressure, and | ||
| 1320 | |||
| 1321 | 331 | ||
| 1322 | 00:22:09,480 ~-~-> 00:22:11,640 | ||
| 1323 | they're not pushing price down with selling pressure. | ||
| 1324 | |||
| 1325 | 332 | ||
| 1326 | 00:22:11,820 ~-~-> 00:22:16,200 | ||
| 1327 | They're chasing price. That's the way it is, folks. You can | ||
| 1328 | |||
| 1329 | 333 | ||
| 1330 | 00:22:16,230 ~-~-> 00:22:19,440 | ||
| 1331 | arm wrestle me all day long and say it's semantics, but it's | ||
| 1332 | |||
| 1333 | 334 | ||
| 1334 | 00:22:19,440 ~-~-> 00:22:25,530 | ||
| 1335 | the bottom line. Pressure, okay is put on the traders by the | ||
| 1336 | |||
| 1337 | 335 | ||
| 1338 | 00:22:25,530 ~-~-> 00:22:29,100 | ||
| 1339 | bank, because they're in control of price period. If they | ||
| 1340 | |||
| 1341 | 336 | ||
| 1342 | 00:22:29,100 ~-~-> 00:22:30,720 | ||
| 1343 | don't want the price keep going up. It does not matter how | ||
| 1344 | |||
| 1345 | 337 | ||
| 1346 | 00:22:30,720 ~-~-> 00:22:33,570 | ||
| 1347 | many buyers there are. There start repricing it lower, what | ||
| 1348 | |||
| 1349 | 338 | ||
| 1350 | 00:22:33,570 ~-~-> 00:22:37,590 | ||
| 1351 | happens? What about the buyers, they're going to get stopped | ||
| 1352 | |||
| 1353 | 339 | ||
| 1354 | 00:22:37,590 ~-~-> 00:22:40,620 | ||
| 1355 | down. Or they're going to submit and say, Okay, I gotta get | ||
| 1356 | |||
| 1357 | 340 | ||
| 1358 | 00:22:40,620 ~-~-> 00:22:45,060 | ||
| 1359 | out of here. in reverse when it's going lower. That's the | ||
| 1360 | |||
| 1361 | 341 | ||
| 1362 | 00:22:45,060 ~-~-> 00:22:50,310 | ||
| 1363 | real, that's the real viewpoint of how these markets work | ||
| 1364 | |||
| 1365 | 342 | ||
| 1366 | 00:22:50,370 ~-~-> 00:22:54,990 | ||
| 1367 | and book. But if you all start on the same square saying, | ||
| 1368 | |||
| 1369 | 343 | ||
| 1370 | 00:22:55,710 ~-~-> 00:23:02,670 | ||
| 1371 | buy pressure, demand, makes price go up. Okay? So you're all | ||
| 1372 | |||
| 1373 | 344 | ||
| 1374 | 00:23:02,670 ~-~-> 00:23:07,320 | ||
| 1375 | using the logic of if TVs are on sale, okay, everyone's | ||
| 1376 | |||
| 1377 | 345 | ||
| 1378 | 00:23:07,320 ~-~-> 00:23:11,550 | ||
| 1379 | gonna go out to buy those TVs. And eventually, the number of | ||
| 1380 | |||
| 1381 | 346 | ||
| 1382 | 00:23:11,550 ~-~-> 00:23:15,630 | ||
| 1383 | TVs will dwindle. And then the producer or seller of the TVs | ||
| 1384 | |||
| 1385 | 347 | ||
| 1386 | 00:23:15,900 ~-~-> 00:23:17,970 | ||
| 1387 | can start marking up that price because they know the | ||
| 1388 | |||
| 1389 | 348 | ||
| 1390 | 00:23:17,970 ~-~-> 00:23:21,270 | ||
| 1391 | demands high and they can make that price go higher. That's | ||
| 1392 | |||
| 1393 | 349 | ||
| 1394 | 00:23:21,300 ~-~-> 00:23:25,050 | ||
| 1395 | not what the central banks do. That's not what happens. | ||
| 1396 | |||
| 1397 | 350 | ||
| 1398 | 00:23:25,170 ~-~-> 00:23:30,030 | ||
| 1399 | They're not submitting to the buying and selling effects of | ||
| 1400 | |||
| 1401 | 351 | ||
| 1402 | 00:23:30,030 ~-~-> 00:23:33,390 | ||
| 1403 | speculators for their country's currency. That's not how | ||
| 1404 | |||
| 1405 | 352 | ||
| 1406 | 00:23:34,110 ~-~-> 00:23:38,190 | ||
| 1407 | this works, folks, that's not okay. They're in control, | ||
| 1408 | |||
| 1409 | 353 | ||
| 1410 | 00:23:38,190 ~-~-> 00:23:43,920 | ||
| 1411 | absolutely. 100% all the time. 24. Seven, done. Now, if | ||
| 1412 | |||
| 1413 | 354 | ||
| 1414 | 00:23:43,920 ~-~-> 00:23:48,420 | ||
| 1415 | that's a struggling point, hold on to that thought. And it | ||
| 1416 | |||
| 1417 | 355 | ||
| 1418 | 00:23:48,420 ~-~-> 00:23:52,080 | ||
| 1419 | may not be so important. After we go through the information | ||
| 1420 | |||
| 1421 | 356 | ||
| 1422 | 00:23:52,080 ~-~-> 00:23:54,660 | ||
| 1423 | that I'm gonna show you here. Okay. But just trust me when I | ||
| 1424 | |||
| 1425 | 357 | ||
| 1426 | 00:23:54,660 ~-~-> 00:23:56,820 | ||
| 1427 | tell you that this isn't the only time you hear this from | ||
| 1428 | |||
| 1429 | 358 | ||
| 1430 | 00:23:56,820 ~-~-> 00:24:00,570 | ||
| 1431 | me. And that's what makes me controversial because people | ||
| 1432 | |||
| 1433 | 359 | ||
| 1434 | 00:24:00,570 ~-~-> 00:24:03,630 | ||
| 1435 | that trade and maybe they've been trading a long time, okay. | ||
| 1436 | |||
| 1437 | 360 | ||
| 1438 | 00:24:04,020 ~-~-> 00:24:06,810 | ||
| 1439 | And maybe they're profitable. And they'll say, this guy | ||
| 1440 | |||
| 1441 | 361 | ||
| 1442 | 00:24:06,810 ~-~-> 00:24:09,390 | ||
| 1443 | doesn't know what he's talking about. But these people that | ||
| 1444 | |||
| 1445 | 362 | ||
| 1446 | 00:24:09,390 ~-~-> 00:24:11,190 | ||
| 1447 | are saying that I don't know what I'm talking about, aren't | ||
| 1448 | |||
| 1449 | 363 | ||
| 1450 | 00:24:11,250 ~-~-> 00:24:13,920 | ||
| 1451 | selling the high end the day and buying the low today, and | ||
| 1452 | |||
| 1453 | 364 | ||
| 1454 | 00:24:13,920 ~-~-> 00:24:15,780 | ||
| 1455 | calling the weekly high in the weekly Well, before it | ||
| 1456 | |||
| 1457 | 365 | ||
| 1458 | 00:24:15,780 ~-~-> 00:24:21,210 | ||
| 1459 | happens. So I don't know who to believe the guy that can | ||
| 1460 | |||
| 1461 | 366 | ||
| 1462 | 00:24:21,210 ~-~-> 00:24:24,930 | ||
| 1463 | prove it, or the guy that has an opinion. I'll leave that | ||
| 1464 | |||
| 1465 | 367 | ||
| 1466 | 00:24:24,930 ~-~-> 00:24:25,650 | ||
| 1467 | this isn't to you. | ||
| 1468 | |||
| 1469 | 368 | ||
| 1470 | 00:24:26,970 ~-~-> 00:24:30,450 | ||
| 1471 | But we have a market reversal profile. Okay, it's trading up | ||
| 1472 | |||
| 1473 | 369 | ||
| 1474 | 00:24:30,450 ~-~-> 00:24:34,410 | ||
| 1475 | to an old 60 minute high. So if it's running above that old | ||
| 1476 | |||
| 1477 | 370 | ||
| 1478 | 00:24:34,410 ~-~-> 00:24:37,500 | ||
| 1479 | high and we're in a market consolidation, that means we | ||
| 1480 | |||
| 1481 | 371 | ||
| 1482 | 00:24:37,500 ~-~-> 00:24:41,970 | ||
| 1483 | don't look at that breakout above an old 60 minute high as a | ||
| 1484 | |||
| 1485 | 372 | ||
| 1486 | 00:24:42,210 ~-~-> 00:24:45,750 | ||
| 1487 | valid reason to think it's going to keep going higher. We | ||
| 1488 | |||
| 1489 | 373 | ||
| 1490 | 00:24:45,750 ~-~-> 00:24:49,380 | ||
| 1491 | anticipate that as Okay, this is probably a fake break above | ||
| 1492 | |||
| 1493 | 374 | ||
| 1494 | 00:24:49,380 ~-~-> 00:24:52,890 | ||
| 1495 | an old high to capture by side liquidity. That means buy | ||
| 1496 | |||
| 1497 | 375 | ||
| 1498 | 00:24:52,890 ~-~-> 00:24:56,340 | ||
| 1499 | stops. Okay, once it gets those buy stops. It's going to | ||
| 1500 | |||
| 1501 | 376 | ||
| 1502 | 00:24:56,340 ~-~-> 00:25:02,040 | ||
| 1503 | start repricing lower. How do we know when to Trust that you | ||
| 1504 | |||
| 1505 | 377 | ||
| 1506 | 00:25:02,040 ~-~-> 00:25:04,230 | ||
| 1507 | have to look at the structure of the marketplace, every time | ||
| 1508 | |||
| 1509 | 378 | ||
| 1510 | 00:25:04,230 ~-~-> 00:25:07,860 | ||
| 1511 | the market goes higher, it creates swing lows, okay, and as | ||
| 1512 | |||
| 1513 | 379 | ||
| 1514 | 00:25:07,860 ~-~-> 00:25:12,450 | ||
| 1515 | we go through a key level, which will be that hourly, old | ||
| 1516 | |||
| 1517 | 380 | ||
| 1518 | 00:25:12,450 ~-~-> 00:25:15,180 | ||
| 1519 | high, and I'll add the annotations now, so it starts to make | ||
| 1520 | |||
| 1521 | 381 | ||
| 1522 | 00:25:15,180 ~-~-> 00:25:17,160 | ||
| 1523 | a little bit more sense. And then I'll zoom out to a 60 | ||
| 1524 | |||
| 1525 | 382 | ||
| 1526 | 00:25:17,160 ~-~-> 00:25:21,000 | ||
| 1527 | minute chart to show you what that 60 minute high is. But | ||
| 1528 | |||
| 1529 | 383 | ||
| 1530 | 00:25:21,000 ~-~-> 00:25:24,540 | ||
| 1531 | the market runs up, see this price leg right here, this low | ||
| 1532 | |||
| 1533 | 384 | ||
| 1534 | 00:25:25,080 ~-~-> 00:25:31,260 | ||
| 1535 | to this high, that run that goes in and attacks, the buy | ||
| 1536 | |||
| 1537 | 385 | ||
| 1538 | 00:25:31,260 ~-~-> 00:25:37,170 | ||
| 1539 | side liquidity, this old, high level of 129 19, and three | ||
| 1540 | |||
| 1541 | 386 | ||
| 1542 | 00:25:37,170 ~-~-> 00:25:42,390 | ||
| 1543 | pet pets. Okay, that high is an old 60 minute high. In fact, | ||
| 1544 | |||
| 1545 | 387 | ||
| 1546 | 00:25:42,600 ~-~-> 00:25:45,240 | ||
| 1547 | you might want to pause the video and look at your 60 minute | ||
| 1548 | |||
| 1549 | 388 | ||
| 1550 | 00:25:45,240 ~-~-> 00:25:49,680 | ||
| 1551 | chart for GBP USD, and see if you can find it, then come | ||
| 1552 | |||
| 1553 | 389 | ||
| 1554 | 00:25:49,680 ~-~-> 00:25:52,710 | ||
| 1555 | back to the video. For everyone else that doesn't want to do | ||
| 1556 | |||
| 1557 | 390 | ||
| 1558 | 00:25:52,710 ~-~-> 00:25:56,550 | ||
| 1559 | that. This run above that is attacking that by side | ||
| 1560 | |||
| 1561 | 391 | ||
| 1562 | 00:25:56,550 ~-~-> 00:26:00,750 | ||
| 1563 | liquidity. So what's occurring is the algorithm runs through | ||
| 1564 | |||
| 1565 | 392 | ||
| 1566 | 00:26:00,750 ~-~-> 00:26:05,730 | ||
| 1567 | it on a shallow basis, just to offset that by side | ||
| 1568 | |||
| 1569 | 393 | ||
| 1570 | 00:26:05,730 ~-~-> 00:26:09,750 | ||
| 1571 | liquidity, what who would have by side liquidity up here or | ||
| 1572 | |||
| 1573 | 394 | ||
| 1574 | 00:26:09,750 ~-~-> 00:26:16,020 | ||
| 1575 | by stops, traders that are on the fund level? Not baby pips | ||
| 1576 | |||
| 1577 | 395 | ||
| 1578 | 00:26:16,020 ~-~-> 00:26:20,010 | ||
| 1579 | traders, not forex, factory traders. Okay? Not people on | ||
| 1580 | |||
| 1581 | 396 | ||
| 1582 | 00:26:20,010 ~-~-> 00:26:24,480 | ||
| 1583 | Instagram, large institutional funds, because they're not in | ||
| 1584 | |||
| 1585 | 397 | ||
| 1586 | 00:26:24,480 ~-~-> 00:26:28,260 | ||
| 1587 | the habit of chasing the market with their stop loss, their | ||
| 1588 | |||
| 1589 | 398 | ||
| 1590 | 00:26:28,260 ~-~-> 00:26:31,380 | ||
| 1591 | stops are wide in their pockets are deeper, so they're not | ||
| 1592 | |||
| 1593 | 399 | ||
| 1594 | 00:26:31,380 ~-~-> 00:26:34,440 | ||
| 1595 | in a hurry to strangle the marketplace, because they're | ||
| 1596 | |||
| 1597 | 400 | ||
| 1598 | 00:26:34,440 ~-~-> 00:26:37,920 | ||
| 1599 | trying to capture large moves. So the liquidity that rests | ||
| 1600 | |||
| 1601 | 401 | ||
| 1602 | 00:26:37,920 ~-~-> 00:26:42,960 | ||
| 1603 | up here is really fund level liquidity. And whenever I say | ||
| 1604 | |||
| 1605 | 402 | ||
| 1606 | 00:26:43,170 ~-~-> 00:26:45,870 | ||
| 1607 | it's running by sell liquidity or sell side liquidity, I'm | ||
| 1608 | |||
| 1609 | 403 | ||
| 1610 | 00:26:45,870 ~-~-> 00:26:51,630 | ||
| 1611 | referring to institutional counterparties to the central | ||
| 1612 | |||
| 1613 | 404 | ||
| 1614 | 00:26:51,630 ~-~-> 00:26:55,410 | ||
| 1615 | bank, not you, me and everybody else that trades, okay, it's | ||
| 1616 | |||
| 1617 | 405 | ||
| 1618 | 00:26:55,680 ~-~-> 00:26:59,490 | ||
| 1619 | large pools of liquidity, okay, my orders are never going to | ||
| 1620 | |||
| 1621 | 406 | ||
| 1622 | 00:26:59,490 ~-~-> 00:27:02,670 | ||
| 1623 | be as vast as the orders that they're attacking above this | ||
| 1624 | |||
| 1625 | 407 | ||
| 1626 | 00:27:02,670 ~-~-> 00:27:07,110 | ||
| 1627 | level. Okay. So when we look at the run to that level that | ||
| 1628 | |||
| 1629 | 408 | ||
| 1630 | 00:27:07,110 ~-~-> 00:27:11,220 | ||
| 1631 | takes a liquidity that low is the key low. So when you were | ||
| 1632 | |||
| 1633 | 409 | ||
| 1634 | 00:27:11,220 ~-~-> 00:27:14,580 | ||
| 1635 | looking for reference points for how do you know when the | ||
| 1636 | |||
| 1637 | 410 | ||
| 1638 | 00:27:14,580 ~-~-> 00:27:18,360 | ||
| 1639 | market structures changing, when it breaks, it's this low | ||
| 1640 | |||
| 1641 | 411 | ||
| 1642 | 00:27:18,360 ~-~-> 00:27:20,940 | ||
| 1643 | here. Again, I'll take the annotations off, so you can | ||
| 1644 | |||
| 1645 | 412 | ||
| 1646 | 00:27:20,940 ~-~-> 00:27:26,370 | ||
| 1647 | clearly see it, this run above the old high, that right | ||
| 1648 | |||
| 1649 | 413 | ||
| 1650 | 00:27:26,370 ~-~-> 00:27:31,920 | ||
| 1651 | there, that low is the key low. So when this breaks, and | ||
| 1652 | |||
| 1653 | 414 | ||
| 1654 | 00:27:31,950 ~-~-> 00:27:35,310 | ||
| 1655 | breaks right here, you can clearly see that that's the break | ||
| 1656 | |||
| 1657 | 415 | ||
| 1658 | 00:27:35,310 ~-~-> 00:27:38,730 | ||
| 1659 | in market structure. Now inside this shaded area, that's | ||
| 1660 | |||
| 1661 | 416 | ||
| 1662 | 00:27:38,730 ~-~-> 00:27:43,110 | ||
| 1663 | that 830 to 11 o'clock in the morning trading session that I | ||
| 1664 | |||
| 1665 | 417 | ||
| 1666 | 00:27:43,110 ~-~-> 00:27:46,140 | ||
| 1667 | taught for the pattern recognition series for optimal trade | ||
| 1668 | |||
| 1669 | 418 | ||
| 1670 | 00:27:46,140 ~-~-> 00:27:52,800 | ||
| 1671 | entry. These setups form every day. But there has to be a | ||
| 1672 | |||
| 1673 | 419 | ||
| 1674 | 00:27:52,800 ~-~-> 00:27:56,730 | ||
| 1675 | narrative behind it. Otherwise, it won't form in that | ||
| 1676 | |||
| 1677 | 420 | ||
| 1678 | 00:27:56,730 ~-~-> 00:28:00,000 | ||
| 1679 | particular currency, it'll be in another currency. So that's | ||
| 1680 | |||
| 1681 | 421 | ||
| 1682 | 00:28:00,000 ~-~-> 00:28:02,010 | ||
| 1683 | why you want to go through your charts. And if you just scan | ||
| 1684 | |||
| 1685 | 422 | ||
| 1686 | 00:28:02,010 ~-~-> 00:28:06,570 | ||
| 1687 | through on a hourly or a four hour basis, you'll see these | ||
| 1688 | |||
| 1689 | 423 | ||
| 1690 | 00:28:06,570 ~-~-> 00:28:10,200 | ||
| 1691 | types of setups at least one or two a week, and you only | ||
| 1692 | |||
| 1693 | 424 | ||
| 1694 | 00:28:10,200 ~-~-> 00:28:15,120 | ||
| 1695 | need one. So if you're looking for a 50 PIP run, or a 75, | ||
| 1696 | |||
| 1697 | 425 | ||
| 1698 | 00:28:15,120 ~-~-> 00:28:18,990 | ||
| 1699 | Pip run or something anywhere between 50 to 75. This is the | ||
| 1700 | |||
| 1701 | 426 | ||
| 1702 | 00:28:19,020 ~-~-> 00:28:22,050 | ||
| 1703 | easiest bread and butter attempt to do that, it's a recipe | ||
| 1704 | |||
| 1705 | 427 | ||
| 1706 | 00:28:22,050 ~-~-> 00:28:26,130 | ||
| 1707 | for you to find that, okay. It's this isn't the only way. | ||
| 1708 | |||
| 1709 | 428 | ||
| 1710 | 00:28:26,460 ~-~-> 00:28:30,270 | ||
| 1711 | It's just one way to skin that cat. Now I have lots of tools | ||
| 1712 | |||
| 1713 | 429 | ||
| 1714 | 00:28:30,270 ~-~-> 00:28:33,960 | ||
| 1715 | and lots of ways to formulate a model. And this is just one | ||
| 1716 | |||
| 1717 | 430 | ||
| 1718 | 00:28:33,960 ~-~-> 00:28:37,020 | ||
| 1719 | more that can be used to do it. And they're always going to | ||
| 1720 | |||
| 1721 | 431 | ||
| 1722 | 00:28:37,020 ~-~-> 00:28:38,820 | ||
| 1723 | have some similarities, but they're never going to be | ||
| 1724 | |||
| 1725 | 432 | ||
| 1726 | 00:28:38,820 ~-~-> 00:28:41,820 | ||
| 1727 | exactly the same. Oh, see, there you go. See right there at | ||
| 1728 | |||
| 1729 | 433 | ||
| 1730 | 00:28:41,820 ~-~-> 00:28:44,430 | ||
| 1731 | night, the cynics are gonna say, See, he doesn't have a | ||
| 1732 | |||
| 1733 | 434 | ||
| 1734 | 00:28:44,430 ~-~-> 00:28:49,560 | ||
| 1735 | trading plan. Man, I got like 30 trading plans. I have 30 | ||
| 1736 | |||
| 1737 | 435 | ||
| 1738 | 00:28:49,590 ~-~-> 00:28:53,670 | ||
| 1739 | different macros that I know, are likely to pan out based on | ||
| 1740 | |||
| 1741 | 436 | ||
| 1742 | 00:28:53,820 ~-~-> 00:28:57,570 | ||
| 1743 | a specific weekly profile that I'm already anticipating, in | ||
| 1744 | |||
| 1745 | 437 | ||
| 1746 | 00:28:57,570 ~-~-> 00:29:00,390 | ||
| 1747 | a particular day of the week that I'm expecting a specific | ||
| 1748 | |||
| 1749 | 438 | ||
| 1750 | 00:29:00,720 ~-~-> 00:29:04,380 | ||
| 1751 | daily profile in, like I have it down to that, you know, | ||
| 1752 | |||
| 1753 | 439 | ||
| 1754 | 00:29:04,380 ~-~-> 00:29:07,320 | ||
| 1755 | people say, you know, I'm a technical. I'm a technical | ||
| 1756 | |||
| 1757 | 440 | ||
| 1758 | 00:29:07,320 ~-~-> 00:29:11,070 | ||
| 1759 | analyst. Well, I'm a technical scientist, okay, I do | ||
| 1760 | |||
| 1761 | 441 | ||
| 1762 | 00:29:11,070 ~-~-> 00:29:15,540 | ||
| 1763 | technical science, I have this stuff down to like the minute | ||
| 1764 | |||
| 1765 | 442 | ||
| 1766 | 00:29:15,870 ~-~-> 00:29:18,540 | ||
| 1767 | like, I know when things are going to happen like that. So | ||
| 1768 | |||
| 1769 | 443 | ||
| 1770 | 00:29:18,870 ~-~-> 00:29:23,040 | ||
| 1771 | if I have the tools that went very well to that level of | ||
| 1772 | |||
| 1773 | 444 | ||
| 1774 | 00:29:23,070 ~-~-> 00:29:23,790 | ||
| 1775 | precision, | ||
| 1776 | |||
| 1777 | 445 | ||
| 1778 | 00:29:25,080 ~-~-> 00:29:28,410 | ||
| 1779 | it would be foolish for me not to use it, it's an advantage. | ||
| 1780 | |||
| 1781 | 446 | ||
| 1782 | 00:29:28,500 ~-~-> 00:29:33,150 | ||
| 1783 | So I'm teaching you these little signatures, these hallmarks | ||
| 1784 | |||
| 1785 | 447 | ||
| 1786 | 00:29:33,150 ~-~-> 00:29:38,160 | ||
| 1787 | that will get you closer to consistency. But you have to | ||
| 1788 | |||
| 1789 | 448 | ||
| 1790 | 00:29:38,250 ~-~-> 00:29:42,390 | ||
| 1791 | test them, you cannot just take my word for it because my CT | ||
| 1792 | |||
| 1793 | 449 | ||
| 1794 | 00:29:42,390 ~-~-> 00:29:45,600 | ||
| 1795 | or I show you it, you have to investigate it and when you | ||
| 1796 | |||
| 1797 | 450 | ||
| 1798 | 00:29:45,600 ~-~-> 00:29:51,510 | ||
| 1799 | do, everything will seem like nonsense Apart from this, | ||
| 1800 | |||
| 1801 | 451 | ||
| 1802 | 00:29:52,080 ~-~-> 00:29:55,590 | ||
| 1803 | because you what you'll end up seeing is the real market. | ||
| 1804 | |||
| 1805 | 452 | ||
| 1806 | 00:29:55,890 ~-~-> 00:29:59,340 | ||
| 1807 | It's like Neo in the matrix when he finally sees what it is | ||
| 1808 | |||
| 1809 | 453 | ||
| 1810 | 00:30:00,000 ~-~-> 00:30:03,360 | ||
| 1811 | That's the perception that you have, when you look at price, | ||
| 1812 | |||
| 1813 | 454 | ||
| 1814 | 00:30:03,630 ~-~-> 00:30:06,270 | ||
| 1815 | I'm not looking at indicators, I'm not looking at any of | ||
| 1816 | |||
| 1817 | 455 | ||
| 1818 | 00:30:06,270 ~-~-> 00:30:08,400 | ||
| 1819 | that stuff, I don't have anything in my chart distracting | ||
| 1820 | |||
| 1821 | 456 | ||
| 1822 | 00:30:08,400 ~-~-> 00:30:12,150 | ||
| 1823 | me. Anytime I make an annotation, it's for your benefit, I'm | ||
| 1824 | |||
| 1825 | 457 | ||
| 1826 | 00:30:12,150 ~-~-> 00:30:15,630 | ||
| 1827 | usually watching price with nothing on the chart, I'm | ||
| 1828 | |||
| 1829 | 458 | ||
| 1830 | 00:30:15,630 ~-~-> 00:30:22,890 | ||
| 1831 | showing you just for I guess, well prognostication, proving | ||
| 1832 | |||
| 1833 | 459 | ||
| 1834 | 00:30:22,980 ~-~-> 00:30:27,870 | ||
| 1835 | that I can see it before it happens. So when you see these | ||
| 1836 | |||
| 1837 | 460 | ||
| 1838 | 00:30:27,960 ~-~-> 00:30:32,580 | ||
| 1839 | levels that the markets reaching for for liquidity, this is | ||
| 1840 | |||
| 1841 | 461 | ||
| 1842 | 00:30:32,580 ~-~-> 00:30:35,460 | ||
| 1843 | the run up into that liquidity. So it's this low right | ||
| 1844 | |||
| 1845 | 462 | ||
| 1846 | 00:30:35,460 ~-~-> 00:30:40,860 | ||
| 1847 | there. Not this one, because this created a new leg right | ||
| 1848 | |||
| 1849 | 463 | ||
| 1850 | 00:30:40,860 ~-~-> 00:30:44,190 | ||
| 1851 | there. So you're always looking for that, that swing low, | ||
| 1852 | |||
| 1853 | 464 | ||
| 1854 | 00:30:44,190 ~-~-> 00:30:46,200 | ||
| 1855 | when it's looking for a break and Mark structure that's | ||
| 1856 | |||
| 1857 | 465 | ||
| 1858 | 00:30:46,200 ~-~-> 00:30:48,990 | ||
| 1859 | bearish, you want to see that low prior to the run into | ||
| 1860 | |||
| 1861 | 466 | ||
| 1862 | 00:30:48,990 ~-~-> 00:30:54,060 | ||
| 1863 | liquidity? Okay, so the algorithm remembers this low, and | ||
| 1864 | |||
| 1865 | 467 | ||
| 1866 | 00:30:54,060 ~-~-> 00:30:57,390 | ||
| 1867 | whatever high forums here, and once it trades below it | ||
| 1868 | |||
| 1869 | 468 | ||
| 1870 | 00:30:57,480 ~-~-> 00:31:05,700 | ||
| 1871 | there, okay. The pricing model shifts. So it no longer is | ||
| 1872 | |||
| 1873 | 469 | ||
| 1874 | 00:31:05,700 ~-~-> 00:31:08,550 | ||
| 1875 | interested in going up to this level. Again, it doesn't | ||
| 1876 | |||
| 1877 | 470 | ||
| 1878 | 00:31:08,550 ~-~-> 00:31:11,850 | ||
| 1879 | matter how many buyers, it doesn't matter who goes on TV and | ||
| 1880 | |||
| 1881 | 471 | ||
| 1882 | 00:31:11,850 ~-~-> 00:31:16,470 | ||
| 1883 | says the British pounds bullish, it does not matter. If ICT | ||
| 1884 | |||
| 1885 | 472 | ||
| 1886 | 00:31:16,470 ~-~-> 00:31:20,520 | ||
| 1887 | even is buying, it doesn't matter. Because now the algorithm | ||
| 1888 | |||
| 1889 | 473 | ||
| 1890 | 00:31:20,520 ~-~-> 00:31:25,770 | ||
| 1891 | is changing its delivery to now it will only reprice to a | ||
| 1892 | |||
| 1893 | 474 | ||
| 1894 | 00:31:25,770 ~-~-> 00:31:31,380 | ||
| 1895 | point, that is a old array. If anyone in the audience is a | ||
| 1896 | |||
| 1897 | 475 | ||
| 1898 | 00:31:31,380 ~-~-> 00:31:35,010 | ||
| 1899 | computer programmer, when we make a computer program, we | ||
| 1900 | |||
| 1901 | 476 | ||
| 1902 | 00:31:35,010 ~-~-> 00:31:39,090 | ||
| 1903 | have to have data, okay, otherwise the program doesn't can't | ||
| 1904 | |||
| 1905 | 477 | ||
| 1906 | 00:31:39,090 ~-~-> 00:31:42,150 | ||
| 1907 | do anything, it has to have information. And it has to have | ||
| 1908 | |||
| 1909 | 478 | ||
| 1910 | 00:31:42,150 ~-~-> 00:31:45,270 | ||
| 1911 | a way of receiving or obtaining that information. The | ||
| 1912 | |||
| 1913 | 479 | ||
| 1914 | 00:31:45,270 ~-~-> 00:31:49,890 | ||
| 1915 | algorithm goes back to this range, that low. And this high. | ||
| 1916 | |||
| 1917 | 480 | ||
| 1918 | 00:31:50,310 ~-~-> 00:31:52,530 | ||
| 1919 | When it finds this low, it looks for two pieces of | ||
| 1920 | |||
| 1921 | 481 | ||
| 1922 | 00:31:52,530 ~-~-> 00:31:57,540 | ||
| 1923 | information, the actual low and the close. Why the close | ||
| 1924 | |||
| 1925 | 482 | ||
| 1926 | 00:31:57,570 ~-~-> 00:32:00,930 | ||
| 1927 | because it's a down closed candle. So it's either going to | ||
| 1928 | |||
| 1929 | 483 | ||
| 1930 | 00:32:00,960 ~-~-> 00:32:04,740 | ||
| 1931 | respect the low, or it's going to respect the close of that | ||
| 1932 | |||
| 1933 | 484 | ||
| 1934 | 00:32:04,740 ~-~-> 00:32:08,220 | ||
| 1935 | candle, the majority of time, you're going to see that it's | ||
| 1936 | |||
| 1937 | 485 | ||
| 1938 | 00:32:08,220 ~-~-> 00:32:11,040 | ||
| 1939 | going to reach for the body. That's where the bulk of the | ||
| 1940 | |||
| 1941 | 486 | ||
| 1942 | 00:32:11,040 ~-~-> 00:32:15,990 | ||
| 1943 | volume is. The market trades back up into that level hits | ||
| 1944 | |||
| 1945 | 487 | ||
| 1946 | 00:32:15,990 ~-~-> 00:32:21,930 | ||
| 1947 | the breaker, what's the breaker, it's a low candle prior to | ||
| 1948 | |||
| 1949 | 488 | ||
| 1950 | 00:32:22,110 ~-~-> 00:32:25,710 | ||
| 1951 | a run above a previous high, which is here. So we have a | ||
| 1952 | |||
| 1953 | 489 | ||
| 1954 | 00:32:25,710 ~-~-> 00:32:29,910 | ||
| 1955 | high a low a higher high. So this right here is your | ||
| 1956 | |||
| 1957 | 490 | ||
| 1958 | 00:32:29,910 ~-~-> 00:32:34,290 | ||
| 1959 | breaker. What does it mean? When I say breaker? I gave it | ||
| 1960 | |||
| 1961 | 491 | ||
| 1962 | 00:32:34,290 ~-~-> 00:32:39,210 | ||
| 1963 | its name, because what it's doing is it's breaking all the | ||
| 1964 | |||
| 1965 | 492 | ||
| 1966 | 00:32:39,240 ~-~-> 00:32:41,730 | ||
| 1967 | short traders that are trying to sell short with this run | ||
| 1968 | |||
| 1969 | 493 | ||
| 1970 | 00:32:41,730 ~-~-> 00:32:45,030 | ||
| 1971 | here, it starts to drop, I think yes, we're, I'm in the | ||
| 1972 | |||
| 1973 | 494 | ||
| 1974 | 00:32:45,030 ~-~-> 00:32:46,980 | ||
| 1975 | right side of the trade. And they put their stop loss rate | ||
| 1976 | |||
| 1977 | 495 | ||
| 1978 | 00:32:46,980 ~-~-> 00:32:49,590 | ||
| 1979 | above here, or they start dropping their stop loss because | ||
| 1980 | |||
| 1981 | 496 | ||
| 1982 | 00:32:49,590 ~-~-> 00:32:51,900 | ||
| 1983 | it may have been a little bit higher than the high and it | ||
| 1984 | |||
| 1985 | 497 | ||
| 1986 | 00:32:51,930 ~-~-> 00:32:56,430 | ||
| 1987 | breaks them out of that position. But when it does, so it's | ||
| 1988 | |||
| 1989 | 498 | ||
| 1990 | 00:32:56,520 ~-~-> 00:33:00,840 | ||
| 1991 | cumulating all of their buy stops and allowing interbank | ||
| 1992 | |||
| 1993 | 499 | ||
| 1994 | 00:33:00,840 ~-~-> 00:33:04,590 | ||
| 1995 | traders that know what I'm talking about here. They're going | ||
| 1996 | |||
| 1997 | 500 | ||
| 1998 | 00:33:04,590 ~-~-> 00:33:10,860 | ||
| 1999 | short there. Okay. So it's not that the algorithm is seeing | ||
| 2000 | |||
| 2001 | 501 | ||
| 2002 | 00:33:10,860 ~-~-> 00:33:14,880 | ||
| 2003 | your stuff. It's running there as a mechanism that's already | ||
| 2004 | |||
| 2005 | 502 | ||
| 2006 | 00:33:14,880 ~-~-> 00:33:17,370 | ||
| 2007 | predetermined in its program that has nothing to do with | ||
| 2008 | |||
| 2009 | 503 | ||
| 2010 | 00:33:17,370 ~-~-> 00:33:20,280 | ||
| 2011 | buying and selling pressure, absolutely zero, None. None. | ||
| 2012 | |||
| 2013 | 504 | ||
| 2014 | 00:33:21,720 ~-~-> 00:33:25,800 | ||
| 2015 | All of this liquidity is Counterparty to traders. Now, the | ||
| 2016 | |||
| 2017 | 505 | ||
| 2018 | 00:33:25,800 ~-~-> 00:33:29,370 | ||
| 2019 | traders if they're lazy, if they're not on the charts at the | ||
| 2020 | |||
| 2021 | 506 | ||
| 2022 | 00:33:29,370 ~-~-> 00:33:31,980 | ||
| 2023 | time, if they're not paying attention to what prices doing, | ||
| 2024 | |||
| 2025 | 507 | ||
| 2026 | 00:33:32,310 ~-~-> 00:33:34,050 | ||
| 2027 | they're going to miss that move just like anybody else | ||
| 2028 | |||
| 2029 | 508 | ||
| 2030 | 00:33:34,050 ~-~-> 00:33:37,080 | ||
| 2031 | would, the algorithm is going to stay there forever. But it | ||
| 2032 | |||
| 2033 | 509 | ||
| 2034 | 00:33:37,080 ~-~-> 00:33:40,680 | ||
| 2035 | gets multiple opportunities in here. And then it leaves | ||
| 2036 | |||
| 2037 | 510 | ||
| 2038 | 00:33:40,680 ~-~-> 00:33:43,110 | ||
| 2039 | comes down notice that this load did not take out that low | ||
| 2040 | |||
| 2041 | 511 | ||
| 2042 | 00:33:43,110 ~-~-> 00:33:46,140 | ||
| 2043 | yet that the market structure break yet no, it runs one more | ||
| 2044 | |||
| 2045 | 512 | ||
| 2046 | 00:33:46,140 ~-~-> 00:33:51,870 | ||
| 2047 | time above that old high, then it breaks there. So now the | ||
| 2048 | |||
| 2049 | 513 | ||
| 2050 | 00:33:51,870 ~-~-> 00:33:55,410 | ||
| 2051 | algorithm changes its state of delivery to now it's in a | ||
| 2052 | |||
| 2053 | 514 | ||
| 2054 | 00:33:55,410 ~-~-> 00:34:00,210 | ||
| 2055 | cell model. You heard that word before haven't you? So model | ||
| 2056 | |||
| 2057 | 515 | ||
| 2058 | 00:34:00,900 ~-~-> 00:34:05,970 | ||
| 2059 | words this consolidation between this highness low that's | ||
| 2060 | |||
| 2061 | 516 | ||
| 2062 | 00:34:05,970 ~-~-> 00:34:08,220 | ||
| 2063 | your original consolidation, the the sell side liquidity | ||
| 2064 | |||
| 2065 | 517 | ||
| 2066 | 00:34:08,220 ~-~-> 00:34:11,040 | ||
| 2067 | resting below that. You can see in the video I posted today, | ||
| 2068 | |||
| 2069 | 518 | ||
| 2070 | 00:34:11,940 ~-~-> 00:34:16,380 | ||
| 2071 | the anchor of these magnet was placed before the tray was | ||
| 2072 | |||
| 2073 | 519 | ||
| 2074 | 00:34:16,380 ~-~-> 00:34:19,890 | ||
| 2075 | even brought to this low. | ||
| 2076 | |||
| 2077 | 520 | ||
| 2078 | 00:34:21,450 ~-~-> 00:34:24,420 | ||
| 2079 | I gave you this idea here. The New York session initial | ||
| 2080 | |||
| 2081 | 521 | ||
| 2082 | 00:34:24,420 ~-~-> 00:34:28,230 | ||
| 2083 | target was here. And the setup I mapped out. That's the | ||
| 2084 | |||
| 2085 | 522 | ||
| 2086 | 00:34:28,230 ~-~-> 00:34:32,910 | ||
| 2087 | breaker. You didn't see the window of time but you know, | ||
| 2088 | |||
| 2089 | 523 | ||
| 2090 | 00:34:32,940 ~-~-> 00:34:35,700 | ||
| 2091 | because I've taught you this openly on this YouTube channel. | ||
| 2092 | |||
| 2093 | 524 | ||
| 2094 | 00:34:36,000 ~-~-> 00:34:38,460 | ||
| 2095 | You didn't see this over here, but you seen the blue line, | ||
| 2096 | |||
| 2097 | 525 | ||
| 2098 | 00:34:38,490 ~-~-> 00:34:44,040 | ||
| 2099 | all the things there in that recording are here except for | ||
| 2100 | |||
| 2101 | 526 | ||
| 2102 | 00:34:44,070 ~-~-> 00:34:47,820 | ||
| 2103 | me showing you and teaching you how to see breaks in market | ||
| 2104 | |||
| 2105 | 527 | ||
| 2106 | 00:34:47,820 ~-~-> 00:34:51,660 | ||
| 2107 | structure. You cannot have a break in market structure | ||
| 2108 | |||
| 2109 | 528 | ||
| 2110 | 00:34:51,750 ~-~-> 00:34:54,960 | ||
| 2111 | period. Okay, this is for the folks that are on YouTube that | ||
| 2112 | |||
| 2113 | 529 | ||
| 2114 | 00:34:54,960 ~-~-> 00:34:56,370 | ||
| 2115 | are trying to teach my stuff and you don't know you're | ||
| 2116 | |||
| 2117 | 530 | ||
| 2118 | 00:34:56,370 ~-~-> 00:34:59,130 | ||
| 2119 | talking about and this is what I mean by this. You're | ||
| 2120 | |||
| 2121 | 531 | ||
| 2122 | 00:34:59,130 ~-~-> 00:35:02,460 | ||
| 2123 | actually doing a harm to people that watch your videos, | ||
| 2124 | |||
| 2125 | 532 | ||
| 2126 | 00:35:02,730 ~-~-> 00:35:05,190 | ||
| 2127 | trying to take credit for something you didn't create, you | ||
| 2128 | |||
| 2129 | 533 | ||
| 2130 | 00:35:05,190 ~-~-> 00:35:08,070 | ||
| 2131 | didn't author it. Okay? And you didn't program any of this | ||
| 2132 | |||
| 2133 | 534 | ||
| 2134 | 00:35:08,070 ~-~-> 00:35:16,590 | ||
| 2135 | stuff. Let that sink in. This low has to be broken after | ||
| 2136 | |||
| 2137 | 535 | ||
| 2138 | 00:35:17,220 ~-~-> 00:35:22,410 | ||
| 2139 | liquidity is purged right in here. Okay, when you start | ||
| 2140 | |||
| 2141 | 536 | ||
| 2142 | 00:35:22,410 ~-~-> 00:35:26,160 | ||
| 2143 | seeing highs run above an old high, just because it does | ||
| 2144 | |||
| 2145 | 537 | ||
| 2146 | 00:35:26,160 ~-~-> 00:35:31,050 | ||
| 2147 | that absolutely does not mean anything doesn't mean | ||
| 2148 | |||
| 2149 | 538 | ||
| 2150 | 00:35:31,050 ~-~-> 00:35:33,330 | ||
| 2151 | anything, because it could just keep going higher and higher | ||
| 2152 | |||
| 2153 | 539 | ||
| 2154 | 00:35:33,330 ~-~-> 00:35:38,700 | ||
| 2155 | and higher. What's the narrative that has to be in place? It | ||
| 2156 | |||
| 2157 | 540 | ||
| 2158 | 00:35:38,700 ~-~-> 00:35:43,560 | ||
| 2159 | has to be running an old pdra old reference point, what's | ||
| 2160 | |||
| 2161 | 541 | ||
| 2162 | 00:35:43,560 ~-~-> 00:35:47,280 | ||
| 2163 | the old reference point? The old 60 minute high. So it's | ||
| 2164 | |||
| 2165 | 542 | ||
| 2166 | 00:35:47,280 ~-~-> 00:35:50,550 | ||
| 2167 | running that. And then all we're doing is we're writing. | ||
| 2168 | |||
| 2169 | 543 | ||
| 2170 | 00:35:50,910 ~-~-> 00:35:53,760 | ||
| 2171 | We're not trying to predict this. Now I teach how to trade | ||
| 2172 | |||
| 2173 | 544 | ||
| 2174 | 00:35:53,760 ~-~-> 00:35:59,430 | ||
| 2175 | this. But it's not infallible. It's not always going to | ||
| 2176 | |||
| 2177 | 545 | ||
| 2178 | 00:35:59,430 ~-~-> 00:36:03,030 | ||
| 2179 | work. But if you were waiting for a pattern that has a lot | ||
| 2180 | |||
| 2181 | 546 | ||
| 2182 | 00:36:03,060 ~-~-> 00:36:09,750 | ||
| 2183 | of confirmation, this is it. The consolidation, it leaves | ||
| 2184 | |||
| 2185 | 547 | ||
| 2186 | 00:36:09,780 ~-~-> 00:36:12,090 | ||
| 2187 | comes back to the consolidation, there's re accumulation, | ||
| 2188 | |||
| 2189 | 548 | ||
| 2190 | 00:36:13,230 ~-~-> 00:36:15,480 | ||
| 2191 | another level of re accumulation, another level of re | ||
| 2192 | |||
| 2193 | 549 | ||
| 2194 | 00:36:15,480 ~-~-> 00:36:20,400 | ||
| 2195 | accumulation, purging of liquidity, this high to this low, | ||
| 2196 | |||
| 2197 | 550 | ||
| 2198 | 00:36:20,430 ~-~-> 00:36:25,020 | ||
| 2199 | that's your range. That's a key dealing range. When it | ||
| 2200 | |||
| 2201 | 551 | ||
| 2202 | 00:36:25,020 ~-~-> 00:36:29,100 | ||
| 2203 | breaks below that, then you now know that you have such a | ||
| 2204 | |||
| 2205 | 552 | ||
| 2206 | 00:36:29,100 ~-~-> 00:36:31,680 | ||
| 2207 | high degree of probability to the algorithm is now in a cell | ||
| 2208 | |||
| 2209 | 553 | ||
| 2210 | 00:36:31,680 ~-~-> 00:36:35,670 | ||
| 2211 | model. These highs No longer are interesting to it, it needs | ||
| 2212 | |||
| 2213 | 554 | ||
| 2214 | 00:36:35,670 ~-~-> 00:36:40,110 | ||
| 2215 | this seek by sight liquidity, where does it rest? Below this | ||
| 2216 | |||
| 2217 | 555 | ||
| 2218 | 00:36:40,110 ~-~-> 00:36:44,370 | ||
| 2219 | low? Below this low? What does that make that the ICT market | ||
| 2220 | |||
| 2221 | 556 | ||
| 2222 | 00:36:44,370 ~-~-> 00:36:50,130 | ||
| 2223 | maker so model, not wycoff. Not that stuff. Everything that | ||
| 2224 | |||
| 2225 | 557 | ||
| 2226 | 00:36:50,160 ~-~-> 00:36:54,060 | ||
| 2227 | I'm looking at over here, lines up with everything as a buy | ||
| 2228 | |||
| 2229 | 558 | ||
| 2230 | 00:36:54,060 ~-~-> 00:36:59,730 | ||
| 2231 | over here. So everything has to unwind equally. And identity | ||
| 2232 | |||
| 2233 | 559 | ||
| 2234 | 00:36:59,730 ~-~-> 00:37:03,000 | ||
| 2235 | attacks the sell side liquidity. So as the market trades | ||
| 2236 | |||
| 2237 | 560 | ||
| 2238 | 00:37:03,000 ~-~-> 00:37:06,300 | ||
| 2239 | right back up, you can see I wasn't in no hurry. I didn't | ||
| 2240 | |||
| 2241 | 561 | ||
| 2242 | 00:37:06,300 ~-~-> 00:37:10,260 | ||
| 2243 | care if I got in at the absolute highest high. All I needed | ||
| 2244 | |||
| 2245 | 562 | ||
| 2246 | 00:37:10,260 ~-~-> 00:37:13,320 | ||
| 2247 | to do is trade at that bodies close on this candle right | ||
| 2248 | |||
| 2249 | 563 | ||
| 2250 | 00:37:13,320 ~-~-> 00:37:16,920 | ||
| 2251 | here. And if I would have missed it, it started to take off | ||
| 2252 | |||
| 2253 | 564 | ||
| 2254 | 00:37:16,920 ~-~-> 00:37:19,650 | ||
| 2255 | lower, I don't care. Because I could have traded inside this | ||
| 2256 | |||
| 2257 | 565 | ||
| 2258 | 00:37:19,650 ~-~-> 00:37:23,850 | ||
| 2259 | range from this low and this high. And then my stop would | ||
| 2260 | |||
| 2261 | 566 | ||
| 2262 | 00:37:23,850 ~-~-> 00:37:28,410 | ||
| 2263 | have been about this. So I'm not in a hurry. I'm not afraid | ||
| 2264 | |||
| 2265 | 567 | ||
| 2266 | 00:37:28,710 ~-~-> 00:37:33,780 | ||
| 2267 | or fearful of missing a move. I see these setups every day. | ||
| 2268 | |||
| 2269 | 568 | ||
| 2270 | 00:37:34,980 ~-~-> 00:37:38,820 | ||
| 2271 | Every single day. If you spend time with the things I'm | ||
| 2272 | |||
| 2273 | 569 | ||
| 2274 | 00:37:38,820 ~-~-> 00:37:41,760 | ||
| 2275 | teaching you in this YouTube channel, I promise you, you're | ||
| 2276 | |||
| 2277 | 570 | ||
| 2278 | 00:37:41,760 ~-~-> 00:37:47,250 | ||
| 2279 | gonna see multiple sales per week. And you're, maybe you're | ||
| 2280 | |||
| 2281 | 571 | ||
| 2282 | 00:37:47,250 ~-~-> 00:37:50,130 | ||
| 2283 | watching other people, okay, maybe these people are showing | ||
| 2284 | |||
| 2285 | 572 | ||
| 2286 | 00:37:50,130 ~-~-> 00:37:53,790 | ||
| 2287 | you profitability. Maybe they're making money. Okay? I'm not | ||
| 2288 | |||
| 2289 | 573 | ||
| 2290 | 00:37:53,790 ~-~-> 00:37:56,430 | ||
| 2291 | saying I'm the only one that can make money. I'm saying | ||
| 2292 | |||
| 2293 | 574 | ||
| 2294 | 00:37:56,430 ~-~-> 00:38:01,440 | ||
| 2295 | that. Watching everyone else. Okay, watching everyone else | ||
| 2296 | |||
| 2297 | 575 | ||
| 2298 | 00:38:01,440 ~-~-> 00:38:05,310 | ||
| 2299 | with their cars and their things in their stuff. Is that | ||
| 2300 | |||
| 2301 | 576 | ||
| 2302 | 00:38:05,310 ~-~-> 00:38:10,740 | ||
| 2303 | making you money? Is it making you a better trader? It may | ||
| 2304 | |||
| 2305 | 577 | ||
| 2306 | 00:38:10,740 ~-~-> 00:38:13,260 | ||
| 2307 | be inspiring you I'm not does not I'm not denying that. | ||
| 2308 | |||
| 2309 | 578 | ||
| 2310 | 00:38:13,350 ~-~-> 00:38:16,800 | ||
| 2311 | Okay. I'm not saying that other things that people have, | ||
| 2312 | |||
| 2313 | 579 | ||
| 2314 | 00:38:17,040 ~-~-> 00:38:21,480 | ||
| 2315 | when you covet them, it that it doesn't motivate you. Okay, | ||
| 2316 | |||
| 2317 | 580 | ||
| 2318 | 00:38:21,480 ~-~-> 00:38:24,870 | ||
| 2319 | I'm sure it does for a lot of you. I don't go down that | ||
| 2320 | |||
| 2321 | 581 | ||
| 2322 | 00:38:24,870 ~-~-> 00:38:30,960 | ||
| 2323 | path. What I want to inspire you to do is see the benefits | ||
| 2324 | |||
| 2325 | 582 | ||
| 2326 | 00:38:30,960 ~-~-> 00:38:36,060 | ||
| 2327 | of being this precise. It's not ambiguous, folks. It's not a | ||
| 2328 | |||
| 2329 | 583 | ||
| 2330 | 00:38:36,060 ~-~-> 00:38:39,300 | ||
| 2331 | wonder what I'm going to do right now. I don't stare into | ||
| 2332 | |||
| 2333 | 584 | ||
| 2334 | 00:38:39,300 ~-~-> 00:38:44,250 | ||
| 2335 | the spotlights, okay, of price and fear doing what it is. I | ||
| 2336 | |||
| 2337 | 585 | ||
| 2338 | 00:38:44,250 ~-~-> 00:38:46,950 | ||
| 2339 | should do. I know what it is I should do. And here's the | ||
| 2340 | |||
| 2341 | 586 | ||
| 2342 | 00:38:46,950 ~-~-> 00:38:51,540 | ||
| 2343 | kicker, I know what not to do. That's the most important | ||
| 2344 | |||
| 2345 | 587 | ||
| 2346 | 00:38:51,540 ~-~-> 00:38:56,160 | ||
| 2347 | thing. I know not to believe this run about this old high is | ||
| 2348 | |||
| 2349 | 588 | ||
| 2350 | 00:38:56,160 ~-~-> 00:39:02,040 | ||
| 2351 | a real breakout in that I can be a seller of cable. And then | ||
| 2352 | |||
| 2353 | 589 | ||
| 2354 | 00:39:02,040 ~-~-> 00:39:05,880 | ||
| 2355 | I could target right there on that low. When's it going to | ||
| 2356 | |||
| 2357 | 590 | ||
| 2358 | 00:39:05,880 ~-~-> 00:39:11,370 | ||
| 2359 | occur? Is if it's random, if there's simply just no quote | ||
| 2360 | |||
| 2361 | 591 | ||
| 2362 | 00:39:11,370 ~-~-> 00:39:15,060 | ||
| 2363 | unquote supply and demand on these intraday charts, it's all | ||
| 2364 | |||
| 2365 | 592 | ||
| 2366 | 00:39:15,060 ~-~-> 00:39:24,360 | ||
| 2367 | noise. To quote Goldman Sachs guys, why is it that I can do | ||
| 2368 | |||
| 2369 | 593 | ||
| 2370 | 00:39:24,360 ~-~-> 00:39:24,720 | ||
| 2371 | this? | ||
| 2372 | |||
| 2373 | 594 | ||
| 2374 | 00:39:26,460 ~-~-> 00:39:29,100 | ||
| 2375 | Why is it repeating all the time, the same time of the day? | ||
| 2376 | |||
| 2377 | 595 | ||
| 2378 | 00:39:30,810 ~-~-> 00:39:33,840 | ||
| 2379 | The same things all the time. Why is it repeating all the | ||
| 2380 | |||
| 2381 | 596 | ||
| 2382 | 00:39:33,840 ~-~-> 00:39:38,460 | ||
| 2383 | time? See, I don't have to prove beyond what I've already | ||
| 2384 | |||
| 2385 | 597 | ||
| 2386 | 00:39:38,460 ~-~-> 00:39:41,820 | ||
| 2387 | done, but I'm gonna keep doing it because I enjoy it. But | ||
| 2388 | |||
| 2389 | 598 | ||
| 2390 | 00:39:41,820 ~-~-> 00:39:44,340 | ||
| 2391 | everyone else on the outside that has an argument against | ||
| 2392 | |||
| 2393 | 599 | ||
| 2394 | 00:39:44,340 ~-~-> 00:39:47,340 | ||
| 2395 | what I'm teaching. They have the greater argument they have | ||
| 2396 | |||
| 2397 | 600 | ||
| 2398 | 00:39:47,340 ~-~-> 00:39:51,330 | ||
| 2399 | the burden of proof. Because what is going on? What's going | ||
| 2400 | |||
| 2401 | 601 | ||
| 2402 | 00:39:51,330 ~-~-> 00:39:54,600 | ||
| 2403 | on in price that I'm dealing and don't get me the armchair | ||
| 2404 | |||
| 2405 | 602 | ||
| 2406 | 00:39:54,600 ~-~-> 00:39:57,390 | ||
| 2407 | quarterback stuff in hindsight? Well, yeah, it's just that | ||
| 2408 | |||
| 2409 | 603 | ||
| 2410 | 00:39:58,140 ~-~-> 00:40:01,020 | ||
| 2411 | floor becomes a ceiling, all that knowledge. sense, okay, | ||
| 2412 | |||
| 2413 | 604 | ||
| 2414 | 00:40:01,050 ~-~-> 00:40:04,620 | ||
| 2415 | there's a lot of simpletons on YouTube that give you that, | ||
| 2416 | |||
| 2417 | 605 | ||
| 2418 | 00:40:04,620 ~-~-> 00:40:07,350 | ||
| 2419 | but they're not trading anything. You don't see them | ||
| 2420 | |||
| 2421 | 606 | ||
| 2422 | 00:40:07,350 ~-~-> 00:40:10,140 | ||
| 2423 | executing anything or managing anything. They're going to | ||
| 2424 | |||
| 2425 | 607 | ||
| 2426 | 00:40:10,140 ~-~-> 00:40:13,530 | ||
| 2427 | talk about all this stuff over here. And you have to learn | ||
| 2428 | |||
| 2429 | 608 | ||
| 2430 | 00:40:13,530 ~-~-> 00:40:18,180 | ||
| 2431 | from someone that can see it before it happens. Not just | ||
| 2432 | |||
| 2433 | 609 | ||
| 2434 | 00:40:18,180 ~-~-> 00:40:23,280 | ||
| 2435 | once in a while, consistently. You don't have to like me, | ||
| 2436 | |||
| 2437 | 610 | ||
| 2438 | 00:40:23,310 ~-~-> 00:40:25,830 | ||
| 2439 | okay? You don't have to like me as a person. You don't have | ||
| 2440 | |||
| 2441 | 611 | ||
| 2442 | 00:40:25,830 ~-~-> 00:40:27,990 | ||
| 2443 | to like the way I talk. You don't have to like the fact that | ||
| 2444 | |||
| 2445 | 612 | ||
| 2446 | 00:40:27,990 ~-~-> 00:40:31,680 | ||
| 2447 | I talk as much. But listen, show me someone else. It's a | ||
| 2448 | |||
| 2449 | 613 | ||
| 2450 | 00:40:31,680 ~-~-> 00:40:34,350 | ||
| 2451 | millionaire on YouTube that's willing to give you their | ||
| 2452 | |||
| 2453 | 614 | ||
| 2454 | 00:40:34,350 ~-~-> 00:40:43,770 | ||
| 2455 | time. And education for free. I'm waiting. Because first you | ||
| 2456 | |||
| 2457 | 615 | ||
| 2458 | 00:40:43,770 ~-~-> 00:40:48,930 | ||
| 2459 | got to find a millionaire. Then on here, okay, so looking at | ||
| 2460 | |||
| 2461 | 616 | ||
| 2462 | 00:40:49,110 ~-~-> 00:40:55,620 | ||
| 2463 | the specific time of day 830 to 11. So I'm going to take | ||
| 2464 | |||
| 2465 | 617 | ||
| 2466 | 00:40:55,620 ~-~-> 00:40:58,680 | ||
| 2467 | this shaded area offset way it's a little bit cleaner with | ||
| 2468 | |||
| 2469 | 618 | ||
| 2470 | 00:40:58,680 ~-~-> 00:41:04,530 | ||
| 2471 | chart. Right, so now there's the price action. Now, you | ||
| 2472 | |||
| 2473 | 619 | ||
| 2474 | 00:41:04,530 ~-~-> 00:41:08,520 | ||
| 2475 | could take the breaker as I did. Okay. And as it trades | ||
| 2476 | |||
| 2477 | 620 | ||
| 2478 | 00:41:08,520 ~-~-> 00:41:12,240 | ||
| 2479 | right up into it, it feels scary, folks. I know, I know. | ||
| 2480 | |||
| 2481 | 621 | ||
| 2482 | 00:41:13,620 ~-~-> 00:41:16,590 | ||
| 2483 | When I first started trading this pattern, it was scary. I | ||
| 2484 | |||
| 2485 | 622 | ||
| 2486 | 00:41:16,590 ~-~-> 00:41:19,080 | ||
| 2487 | didn't know if it was going to stop there. And then over | ||
| 2488 | |||
| 2489 | 623 | ||
| 2490 | 00:41:19,080 ~-~-> 00:41:23,010 | ||
| 2491 | time, and thousands of those types of trades, will take | ||
| 2492 | |||
| 2493 | 624 | ||
| 2494 | 00:41:23,010 ~-~-> 00:41:26,640 | ||
| 2495 | thousands for you to trust it probably not. But if you start | ||
| 2496 | |||
| 2497 | 625 | ||
| 2498 | 00:41:26,640 ~-~-> 00:41:28,440 | ||
| 2499 | studying it, you're going to say, Oh, yeah, this is where it | ||
| 2500 | |||
| 2501 | 626 | ||
| 2502 | 00:41:28,440 ~-~-> 00:41:32,850 | ||
| 2503 | should turn. And then you wait for it to break down. When it | ||
| 2504 | |||
| 2505 | 627 | ||
| 2506 | 00:41:32,910 ~-~-> 00:41:35,910 | ||
| 2507 | takes out this low, you have confirmation that you are in a | ||
| 2508 | |||
| 2509 | 628 | ||
| 2510 | 00:41:35,910 ~-~-> 00:41:40,230 | ||
| 2511 | so model, up to this point here, you're just assuming that | ||
| 2512 | |||
| 2513 | 629 | ||
| 2514 | 00:41:40,230 ~-~-> 00:41:43,230 | ||
| 2515 | it's in a cell model, and that your trade, your trades | ||
| 2516 | |||
| 2517 | 630 | ||
| 2518 | 00:41:43,230 ~-~-> 00:41:46,650 | ||
| 2519 | aren't perfect, my trades aren't perfect. I'm not 100%. But | ||
| 2520 | |||
| 2521 | 631 | ||
| 2522 | 00:41:46,650 ~-~-> 00:41:49,110 | ||
| 2523 | you're going in with the idea that okay, if it trades here, | ||
| 2524 | |||
| 2525 | 632 | ||
| 2526 | 00:41:49,110 ~-~-> 00:41:52,590 | ||
| 2527 | it should not trade above these highs, it shouldn't trade | ||
| 2528 | |||
| 2529 | 633 | ||
| 2530 | 00:41:52,590 ~-~-> 00:41:56,730 | ||
| 2531 | above this high. In fact, it shouldn't even trade above this | ||
| 2532 | |||
| 2533 | 634 | ||
| 2534 | 00:41:56,730 ~-~-> 00:42:03,210 | ||
| 2535 | high. So your stop can be reasonable. Now watch what happens | ||
| 2536 | |||
| 2537 | 635 | ||
| 2538 | 00:42:03,600 ~-~-> 00:42:08,010 | ||
| 2539 | this high to this low as it retraces right into there. Isn't | ||
| 2540 | |||
| 2541 | 636 | ||
| 2542 | 00:42:08,010 ~-~-> 00:42:09,150 | ||
| 2543 | that optimal trade entry? | ||
| 2544 | |||
| 2545 | 637 | ||
| 2546 | 00:42:14,190 ~-~-> 00:42:17,460 | ||
| 2547 | Man, this guy talks too much. He likes to hear himself talk. | ||
| 2548 | |||
| 2549 | 638 | ||
| 2550 | 00:42:18,330 ~-~-> 00:42:24,300 | ||
| 2551 | Now, I want you to learn. If you paid me for this lesson, | ||
| 2552 | |||
| 2553 | 639 | ||
| 2554 | 00:42:24,510 ~-~-> 00:42:26,400 | ||
| 2555 | you won't be coming here for five minutes and say Here it | ||
| 2556 | |||
| 2557 | 640 | ||
| 2558 | 00:42:26,400 ~-~-> 00:42:30,360 | ||
| 2559 | is. Boom, it is and I'm done. Like what is this? I didn't | ||
| 2560 | |||
| 2561 | 641 | ||
| 2562 | 00:42:30,360 ~-~-> 00:42:37,290 | ||
| 2563 | learn anything. The wise, shut up and listen, the fools talk | ||
| 2564 | |||
| 2565 | 642 | ||
| 2566 | 00:42:37,290 ~-~-> 00:42:42,690 | ||
| 2567 | and say you're talking too much. high to low optimal trade | ||
| 2568 | |||
| 2569 | 643 | ||
| 2570 | 00:42:42,690 ~-~-> 00:42:47,970 | ||
| 2571 | entry. Sweet Spot 70.5 to fib is not the solution. It's not | ||
| 2572 | |||
| 2573 | 644 | ||
| 2574 | 00:42:47,970 ~-~-> 00:42:51,300 | ||
| 2575 | the answer. It's not the Holy Grail. It's just a way to form | ||
| 2576 | |||
| 2577 | 645 | ||
| 2578 | 00:42:51,660 ~-~-> 00:42:54,420 | ||
| 2579 | an opinion about whether the market is primed to go higher | ||
| 2580 | |||
| 2581 | 646 | ||
| 2582 | 00:42:54,420 ~-~-> 00:42:57,870 | ||
| 2583 | or lower. That's what I teach you on this channel for free | ||
| 2584 | |||
| 2585 | 647 | ||
| 2586 | 00:43:00,540 ~-~-> 00:43:06,150 | ||
| 2587 | 1.5 standard deviation below this low, that's what you're | ||
| 2588 | |||
| 2589 | 648 | ||
| 2590 | 00:43:06,150 ~-~-> 00:43:10,710 | ||
| 2591 | aiming for. It could reach this low, it could reach lower, | ||
| 2592 | |||
| 2593 | 649 | ||
| 2594 | 00:43:11,310 ~-~-> 00:43:15,060 | ||
| 2595 | but all I'm aiming for is that low plus the spread. And | ||
| 2596 | |||
| 2597 | 650 | ||
| 2598 | 00:43:15,060 ~-~-> 00:43:19,710 | ||
| 2599 | there's your low the day. It's trading at right now. Right | ||
| 2600 | |||
| 2601 | 651 | ||
| 2602 | 00:43:19,710 ~-~-> 00:43:24,690 | ||
| 2603 | in the middle of the range. I'm in here getting out right | ||
| 2604 | |||
| 2605 | 652 | ||
| 2606 | 00:43:24,690 ~-~-> 00:43:30,270 | ||
| 2607 | there. I'm calling levels the order box as they're forming. | ||
| 2608 | |||
| 2609 | 653 | ||
| 2610 | 00:43:31,050 ~-~-> 00:43:35,940 | ||
| 2611 | As you see me doing other videos this close candle Why is | ||
| 2612 | |||
| 2613 | 654 | ||
| 2614 | 00:43:35,940 ~-~-> 00:43:39,120 | ||
| 2615 | this important? When it's up close candles here and starts | ||
| 2616 | |||
| 2617 | 655 | ||
| 2618 | 00:43:39,120 ~-~-> 00:43:41,580 | ||
| 2619 | to break down and it's coming back up. I'm drawing a line | ||
| 2620 | |||
| 2621 | 656 | ||
| 2622 | 00:43:41,580 ~-~-> 00:43:45,060 | ||
| 2623 | there in the recording lookouts respecting that in fact I | ||
| 2624 | |||
| 2625 | 657 | ||
| 2626 | 00:43:45,060 ~-~-> 00:43:49,110 | ||
| 2627 | closed my trade partial on this candle right before it gets | ||
| 2628 | |||
| 2629 | 658 | ||
| 2630 | 00:43:49,110 ~-~-> 00:43:51,720 | ||
| 2631 | up into that because I was concerned that it won't take up | ||
| 2632 | |||
| 2633 | 659 | ||
| 2634 | 00:43:51,720 ~-~-> 00:43:58,050 | ||
| 2635 | this low until in Asia again like it did they before but it | ||
| 2636 | |||
| 2637 | 660 | ||
| 2638 | 00:43:58,050 ~-~-> 00:44:02,040 | ||
| 2639 | hits it one more time becomes a reclaimed order block order | ||
| 2640 | |||
| 2641 | 661 | ||
| 2642 | 00:44:02,040 ~-~-> 00:44:07,620 | ||
| 2643 | block here sells off jams up into it one more time. Doesn't | ||
| 2644 | |||
| 2645 | 662 | ||
| 2646 | 00:44:07,620 ~-~-> 00:44:13,950 | ||
| 2647 | trade above it and breaks down here. I had this series of | ||
| 2648 | |||
| 2649 | 663 | ||
| 2650 | 00:44:13,950 ~-~-> 00:44:17,400 | ||
| 2651 | two candles here I had outlined right there. What I was | ||
| 2652 | |||
| 2653 | 664 | ||
| 2654 | 00:44:17,400 ~-~-> 00:44:21,630 | ||
| 2655 | looking at was this low but I was anchoring it with this | ||
| 2656 | |||
| 2657 | 665 | ||
| 2658 | 00:44:21,630 ~-~-> 00:44:24,750 | ||
| 2659 | because this is last two candles that were up prior this | ||
| 2660 | |||
| 2661 | 666 | ||
| 2662 | 00:44:24,750 ~-~-> 00:44:30,720 | ||
| 2663 | move down. Let me get this off here. That's a bearish order | ||
| 2664 | |||
| 2665 | 667 | ||
| 2666 | 00:44:30,720 ~-~-> 00:44:34,410 | ||
| 2667 | block. But this low is another breaker it's a larger | ||
| 2668 | |||
| 2669 | 668 | ||
| 2670 | 00:44:34,410 ~-~-> 00:44:38,640 | ||
| 2671 | breaker. But it's layered said that's what makes these types | ||
| 2672 | |||
| 2673 | 669 | ||
| 2674 | 00:44:38,640 ~-~-> 00:44:40,830 | ||
| 2675 | of setups in here a little bit more difficult. We have | ||
| 2676 | |||
| 2677 | 670 | ||
| 2678 | 00:44:40,830 ~-~-> 00:44:44,820 | ||
| 2679 | multiple levels of re accumulation each have to be a little | ||
| 2680 | |||
| 2681 | 671 | ||
| 2682 | 00:44:44,820 ~-~-> 00:44:47,880 | ||
| 2683 | bit more willing to let it trade against you deeper than you | ||
| 2684 | |||
| 2685 | 672 | ||
| 2686 | 00:44:47,880 ~-~-> 00:44:52,140 | ||
| 2687 | would probably like to see it. But I factored all that in | ||
| 2688 | |||
| 2689 | 673 | ||
| 2690 | 00:44:52,140 ~-~-> 00:44:56,460 | ||
| 2691 | when I rotated my stop lower. And you can see it got real | ||
| 2692 | |||
| 2693 | 674 | ||
| 2694 | 00:44:56,460 ~-~-> 00:44:59,070 | ||
| 2695 | close to my stop but it did not stop me if it stopped me. No | ||
| 2696 | |||
| 2697 | 675 | ||
| 2698 | 00:44:59,070 ~-~-> 00:45:02,670 | ||
| 2699 | big deal. would have went in with another entry and still | ||
| 2700 | |||
| 2701 | 676 | ||
| 2702 | 00:45:02,670 ~-~-> 00:45:07,560 | ||
| 2703 | captured that low. But this run here, when it breaks down, | ||
| 2704 | |||
| 2705 | 677 | ||
| 2706 | 00:45:08,430 ~-~-> 00:45:12,090 | ||
| 2707 | this right here is another optimal trade entry. This could | ||
| 2708 | |||
| 2709 | 678 | ||
| 2710 | 00:45:12,090 ~-~-> 00:45:18,510 | ||
| 2711 | be another entry for you. If you understand that we're | ||
| 2712 | |||
| 2713 | 679 | ||
| 2714 | 00:45:18,510 ~-~-> 00:45:22,920 | ||
| 2715 | likely to attack the sell side liquidity below that low. | ||
| 2716 | |||
| 2717 | 680 | ||
| 2718 | 00:45:23,850 ~-~-> 00:45:26,490 | ||
| 2719 | Why? Because we're in a current, we're in a large | ||
| 2720 | |||
| 2721 | 681 | ||
| 2722 | 00:45:26,490 ~-~-> 00:45:33,300 | ||
| 2723 | consolidation. And cables already dropped a lot. So I'm not | ||
| 2724 | |||
| 2725 | 682 | ||
| 2726 | 00:45:33,300 ~-~-> 00:45:35,730 | ||
| 2727 | trying to do too big breakout on the upside, or the | ||
| 2728 | |||
| 2729 | 683 | ||
| 2730 | 00:45:35,730 ~-~-> 00:45:38,280 | ||
| 2731 | downside, it's just going to probably stay inside the range. | ||
| 2732 | |||
| 2733 | 684 | ||
| 2734 | 00:45:39,570 ~-~-> 00:45:43,500 | ||
| 2735 | Breaks below it a little bit here. With this run on this | ||
| 2736 | |||
| 2737 | 685 | ||
| 2738 | 00:45:43,500 ~-~-> 00:45:50,130 | ||
| 2739 | candle there, does it go significantly lower? No, just | ||
| 2740 | |||
| 2741 | 686 | ||
| 2742 | 00:45:50,430 ~-~-> 00:45:55,920 | ||
| 2743 | beneath a little bit, and then all this. And then we went to | ||
| 2744 | |||
| 2745 | 687 | ||
| 2746 | 00:45:55,920 ~-~-> 00:46:03,750 | ||
| 2747 | sideways consolidation, that close. Power three in | ||
| 2748 | |||
| 2749 | 688 | ||
| 2750 | 00:46:03,750 ~-~-> 00:46:09,810 | ||
| 2751 | consolidation isn't going to be open, down, make the low the | ||
| 2752 | |||
| 2753 | 689 | ||
| 2754 | 00:46:09,810 ~-~-> 00:46:13,260 | ||
| 2755 | day, up, and then close near the high of the day. That's a | ||
| 2756 | |||
| 2757 | 690 | ||
| 2758 | 00:46:13,260 ~-~-> 00:46:19,290 | ||
| 2759 | bullish power three, classic buy day. If I'm bearish, which | ||
| 2760 | |||
| 2761 | 691 | ||
| 2762 | 00:46:19,410 ~-~-> 00:46:23,370 | ||
| 2763 | I've been on cable, I'm not suggesting that we're opening | ||
| 2764 | |||
| 2765 | 692 | ||
| 2766 | 00:46:23,370 ~-~-> 00:46:26,100 | ||
| 2767 | and making the high of the day in London and going down on | ||
| 2768 | |||
| 2769 | 693 | ||
| 2770 | 00:46:26,100 ~-~-> 00:46:29,310 | ||
| 2771 | this day, because it's already rallied. I slept through | ||
| 2772 | |||
| 2773 | 694 | ||
| 2774 | 00:46:29,310 ~-~-> 00:46:34,320 | ||
| 2775 | London last night, I sat down in front of my computer, about | ||
| 2776 | |||
| 2777 | 695 | ||
| 2778 | 00:46:34,320 ~-~-> 00:46:39,600 | ||
| 2779 | five minutes before you saw the recording start. Here's what | ||
| 2780 | |||
| 2781 | 696 | ||
| 2782 | 00:46:39,600 ~-~-> 00:46:43,620 | ||
| 2783 | we are attacking. It runs the liquidity above the old high, | ||
| 2784 | |||
| 2785 | 697 | ||
| 2786 | 00:46:44,040 ~-~-> 00:46:49,140 | ||
| 2787 | when it does that find the low prior to that. That low is | ||
| 2788 | |||
| 2789 | 698 | ||
| 2790 | 00:46:49,140 ~-~-> 00:46:51,810 | ||
| 2791 | the one that has to be broken in until it does market | ||
| 2792 | |||
| 2793 | 699 | ||
| 2794 | 00:46:51,810 ~-~-> 00:46:56,490 | ||
| 2795 | structure is not broken. period when it breaks, and you have | ||
| 2796 | |||
| 2797 | 700 | ||
| 2798 | 00:46:56,490 ~-~-> 00:47:00,030 | ||
| 2799 | a narrative, which is we've taken liquidity out and we're | ||
| 2800 | |||
| 2801 | 701 | ||
| 2802 | 00:47:00,030 ~-~-> 00:47:02,730 | ||
| 2803 | going to consolidation, it's likely pull back into the | ||
| 2804 | |||
| 2805 | 702 | ||
| 2806 | 00:47:02,730 ~-~-> 00:47:05,190 | ||
| 2807 | range, what's the range, the initial | ||
| 2808 | |||
| 2809 | 703 | ||
| 2810 | 00:47:05,190 ~-~-> 00:47:08,520 | ||
| 2811 | low the day in London to the high that's formed, it's going | ||
| 2812 | |||
| 2813 | 704 | ||
| 2814 | 00:47:08,520 ~-~-> 00:47:12,540 | ||
| 2815 | to trade all the way down. And just below that low, clearing | ||
| 2816 | |||
| 2817 | 705 | ||
| 2818 | 00:47:12,540 ~-~-> 00:47:14,760 | ||
| 2819 | out the cells of liquidity. That's the market maker sell | ||
| 2820 | |||
| 2821 | 706 | ||
| 2822 | 00:47:14,760 ~-~-> 00:47:19,650 | ||
| 2823 | model. That's not like off. Okay, it's a repeating pattern. | ||
| 2824 | |||
| 2825 | 707 | ||
| 2826 | 00:47:19,680 ~-~-> 00:47:23,070 | ||
| 2827 | It does it all the time every single week doesn't have | ||
| 2828 | |||
| 2829 | 708 | ||
| 2830 | 00:47:23,070 ~-~-> 00:47:26,400 | ||
| 2831 | multiple timeframes. And I can see them multiple times in a | ||
| 2832 | |||
| 2833 | 709 | ||
| 2834 | 00:47:26,400 ~-~-> 00:47:30,150 | ||
| 2835 | month in a five minute chart. Lots of setups, I'm never | ||
| 2836 | |||
| 2837 | 710 | ||
| 2838 | 00:47:30,150 ~-~-> 00:47:33,360 | ||
| 2839 | short one trades, I know where they're going to form. I know | ||
| 2840 | |||
| 2841 | 711 | ||
| 2842 | 00:47:33,360 ~-~-> 00:47:35,430 | ||
| 2843 | what time they're going to form, you know what time they're | ||
| 2844 | |||
| 2845 | 712 | ||
| 2846 | 00:47:35,430 ~-~-> 00:47:39,120 | ||
| 2847 | going to form. The thing what you're doing is you're trying | ||
| 2848 | |||
| 2849 | 713 | ||
| 2850 | 00:47:39,120 ~-~-> 00:47:43,380 | ||
| 2851 | to find an optimal trade entry in everything. Okay. And it's | ||
| 2852 | |||
| 2853 | 714 | ||
| 2854 | 00:47:43,380 ~-~-> 00:47:47,070 | ||
| 2855 | not that easy. You have to have elements that support a | ||
| 2856 | |||
| 2857 | 715 | ||
| 2858 | 00:47:47,070 ~-~-> 00:47:51,630 | ||
| 2859 | narrative. Should it be a bullish day into London? clothes? | ||
| 2860 | |||
| 2861 | 716 | ||
| 2862 | 00:47:51,660 ~-~-> 00:47:55,320 | ||
| 2863 | Or should it be a bearish move into London clothes? Is it | ||
| 2864 | |||
| 2865 | 717 | ||
| 2866 | 00:47:55,320 ~-~-> 00:47:58,200 | ||
| 2867 | going to be a market reversal profile in New York? That | ||
| 2868 | |||
| 2869 | 718 | ||
| 2870 | 00:47:58,200 ~-~-> 00:48:01,020 | ||
| 2871 | makes the high of the day? Or does it make a low of the day | ||
| 2872 | |||
| 2873 | 719 | ||
| 2874 | 00:48:01,050 ~-~-> 00:48:04,980 | ||
| 2875 | market reversal profile in New York? Or does it do a classic | ||
| 2876 | |||
| 2877 | 720 | ||
| 2878 | 00:48:05,670 ~-~-> 00:48:11,910 | ||
| 2879 | London high the day, London close low of the day. Or London | ||
| 2880 | |||
| 2881 | 721 | ||
| 2882 | 00:48:11,910 ~-~-> 00:48:19,140 | ||
| 2883 | low the day and London high the day. Sounds more complicated | ||
| 2884 | |||
| 2885 | 722 | ||
| 2886 | 00:48:19,140 ~-~-> 00:48:21,690 | ||
| 2887 | than you thought it was going to be, huh. That's why I tell | ||
| 2888 | |||
| 2889 | 723 | ||
| 2890 | 00:48:21,690 ~-~-> 00:48:24,570 | ||
| 2891 | you, you need to learn from someone that knows what they're | ||
| 2892 | |||
| 2893 | 724 | ||
| 2894 | 00:48:24,570 ~-~-> 00:48:29,100 | ||
| 2895 | doing. I got a lot of experience, folks. And I love sharing | ||
| 2896 | |||
| 2897 | 725 | ||
| 2898 | 00:48:29,100 ~-~-> 00:48:32,100 | ||
| 2899 | this stuff. But if you're not going to put the work into it, | ||
| 2900 | |||
| 2901 | 726 | ||
| 2902 | 00:48:32,340 ~-~-> 00:48:35,940 | ||
| 2903 | and admit going in that you're going to have to work a lot. | ||
| 2904 | |||
| 2905 | 727 | ||
| 2906 | 00:48:36,450 ~-~-> 00:48:42,630 | ||
| 2907 | You got to study a lot. But when you learn this, this is | ||
| 2908 | |||
| 2909 | 728 | ||
| 2910 | 00:48:43,140 ~-~-> 00:48:51,540 | ||
| 2911 | power. This is confidence. This is legacy building. Because | ||
| 2912 | |||
| 2913 | 729 | ||
| 2914 | 00:48:52,200 ~-~-> 00:48:56,520 | ||
| 2915 | I don't care about ever getting a job ever again. I don't | ||
| 2916 | |||
| 2917 | 730 | ||
| 2918 | 00:48:56,520 ~-~-> 00:48:59,730 | ||
| 2919 | worry about ever going into a position where I need to get a | ||
| 2920 | |||
| 2921 | 731 | ||
| 2922 | 00:48:59,730 ~-~-> 00:49:04,080 | ||
| 2923 | job. This skill set, I could put myself into any large | ||
| 2924 | |||
| 2925 | 732 | ||
| 2926 | 00:49:04,080 ~-~-> 00:49:07,740 | ||
| 2927 | institutional firm like that. And believe me if I said in an | ||
| 2928 | |||
| 2929 | 733 | ||
| 2930 | 00:49:07,800 ~-~-> 00:49:11,340 | ||
| 2931 | open statement on social media, I'm ready for ready to be | ||
| 2932 | |||
| 2933 | 734 | ||
| 2934 | 00:49:11,340 ~-~-> 00:49:15,120 | ||
| 2935 | hired. Man, my phone would ring off the hook because my | ||
| 2936 | |||
| 2937 | 735 | ||
| 2938 | 00:49:15,120 ~-~-> 00:49:20,520 | ||
| 2939 | phone's public. Everybody seen it on Instagram. If you get | ||
| 2940 | |||
| 2941 | 736 | ||
| 2942 | 00:49:20,520 ~-~-> 00:49:22,800 | ||
| 2943 | this skill set, it doesn't matter if you have a lot of money | ||
| 2944 | |||
| 2945 | 737 | ||
| 2946 | 00:49:22,800 ~-~-> 00:49:25,140 | ||
| 2947 | right now you don't need a lot of money. Because if you | ||
| 2948 | |||
| 2949 | 738 | ||
| 2950 | 00:49:25,140 ~-~-> 00:49:29,970 | ||
| 2951 | learn how to do this, and you can do it well manage risk, | ||
| 2952 | |||
| 2953 | 739 | ||
| 2954 | 00:49:30,060 ~-~-> 00:49:35,490 | ||
| 2955 | well, you will be able to find money, it will fall into your | ||
| 2956 | |||
| 2957 | 740 | ||
| 2958 | 00:49:35,490 ~-~-> 00:49:39,570 | ||
| 2959 | lap. People will shove it in your face and say please help | ||
| 2960 | |||
| 2961 | 741 | ||
| 2962 | 00:49:39,570 ~-~-> 00:49:45,060 | ||
| 2963 | me because you'll have a skill set that so little on this | ||
| 2964 | |||
| 2965 | 742 | ||
| 2966 | 00:49:45,060 ~-~-> 00:49:51,630 | ||
| 2967 | spinning rock have but you're all in a rush. You're in such | ||
| 2968 | |||
| 2969 | 743 | ||
| 2970 | 00:49:51,630 ~-~-> 00:49:54,720 | ||
| 2971 | a rush. And I know I was in a rush to I hated where I was at | ||
| 2972 | |||
| 2973 | 744 | ||
| 2974 | 00:49:56,190 ~-~-> 00:50:00,780 | ||
| 2975 | working for a living sucked but when you Learn how to do | ||
| 2976 | |||
| 2977 | 745 | ||
| 2978 | 00:50:00,780 ~-~-> 00:50:07,890 | ||
| 2979 | this. And you control yourself and you manage yourself and | ||
| 2980 | |||
| 2981 | 746 | ||
| 2982 | 00:50:07,890 ~-~-> 00:50:12,270 | ||
| 2983 | your expectations. When you do that, you control a master | ||
| 2984 | |||
| 2985 | 747 | ||
| 2986 | 00:50:12,270 ~-~-> 00:50:16,230 | ||
| 2987 | fear and greed. I'm not afraid of missing moves, when | ||
| 2988 | |||
| 2989 | 748 | ||
| 2990 | 00:50:16,230 ~-~-> 00:50:18,900 | ||
| 2991 | they're going to occur again, I know what they look like. | ||
| 2992 | |||
| 2993 | 749 | ||
| 2994 | 00:50:18,900 ~-~-> 00:50:22,260 | ||
| 2995 | It's like a bus. And I know the bus schedule. I know the | ||
| 2996 | |||
| 2997 | 750 | ||
| 2998 | 00:50:22,260 ~-~-> 00:50:24,930 | ||
| 2999 | times the days of the week, they're gonna come around, they | ||
| 3000 | |||
| 3001 | 751 | ||
| 3002 | 00:50:24,930 ~-~-> 00:50:29,610 | ||
| 3003 | might be a little late, like a record bus would be. But I | ||
| 3004 | |||
| 3005 | 752 | ||
| 3006 | 00:50:29,610 ~-~-> 00:50:33,090 | ||
| 3007 | know when they're coming in, if I miss it, no problem. I was | ||
| 3008 | |||
| 3009 | 753 | ||
| 3010 | 00:50:33,090 ~-~-> 00:50:36,930 | ||
| 3011 | hanging around. I'll catch the next one. Think about that | ||
| 3012 | |||
| 3013 | 754 | ||
| 3014 | 00:50:36,960 ~-~-> 00:50:42,330 | ||
| 3015 | logic, if you lose your job, how fast? And how easy would it | ||
| 3016 | |||
| 3017 | 755 | ||
| 3018 | 00:50:42,330 ~-~-> 00:50:45,510 | ||
| 3019 | be for you to replace your job and the income that you get | ||
| 3020 | |||
| 3021 | 756 | ||
| 3022 | 00:50:45,510 ~-~-> 00:50:49,710 | ||
| 3023 | from it? For some of you, it's probably not a big deal. | ||
| 3024 | |||
| 3025 | 757 | ||
| 3026 | 00:50:49,710 ~-~-> 00:50:51,840 | ||
| 3027 | Because you're professionals, you have a skill set, maybe | ||
| 3028 | |||
| 3029 | 758 | ||
| 3030 | 00:50:51,840 ~-~-> 00:50:54,540 | ||
| 3031 | you're a doctor, maybe you're a lawyer or something to that | ||
| 3032 | |||
| 3033 | 759 | ||
| 3034 | 00:50:54,540 ~-~-> 00:51:00,960 | ||
| 3035 | effect, engineer. But working class folks like I was back in | ||
| 3036 | |||
| 3037 | 760 | ||
| 3038 | 00:51:00,960 ~-~-> 00:51:07,140 | ||
| 3039 | the 90s. I didn't really have high paying jobs. And the jobs | ||
| 3040 | |||
| 3041 | 761 | ||
| 3042 | 00:51:07,140 ~-~-> 00:51:10,770 | ||
| 3043 | that I had, I didn't really have skill sets. I was just | ||
| 3044 | |||
| 3045 | 762 | ||
| 3046 | 00:51:10,770 ~-~-> 00:51:16,590 | ||
| 3047 | doing regular jobs, filling vending machines delivering | ||
| 3048 | |||
| 3049 | 763 | ||
| 3050 | 00:51:16,590 ~-~-> 00:51:25,500 | ||
| 3051 | pizza. When you have this skill set, you aren't going to | ||
| 3052 | |||
| 3053 | 764 | ||
| 3054 | 00:51:25,500 ~-~-> 00:51:31,260 | ||
| 3055 | sleep at night thinking what am I going to do tomorrow, I'm | ||
| 3056 | |||
| 3057 | 765 | ||
| 3058 | 00:51:31,260 ~-~-> 00:51:34,410 | ||
| 3059 | afraid I'm going to lose my job. I'm afraid I'm not going to | ||
| 3060 | |||
| 3061 | 766 | ||
| 3062 | 00:51:34,530 ~-~-> 00:51:41,100 | ||
| 3063 | pay my bills, I'm afraid I'm going to lose my house. That's | ||
| 3064 | |||
| 3065 | 767 | ||
| 3066 | 00:51:41,370 ~-~-> 00:51:44,640 | ||
| 3067 | what I want my students to conquer. I'm not trying to sell | ||
| 3068 | |||
| 3069 | 768 | ||
| 3070 | 00:51:44,640 ~-~-> 00:51:47,550 | ||
| 3071 | you the idea you're getting rich, because you'll figure out | ||
| 3072 | |||
| 3073 | 769 | ||
| 3074 | 00:51:47,550 ~-~-> 00:51:51,600 | ||
| 3075 | on your own. If that's what you want to do with this. All I | ||
| 3076 | |||
| 3077 | 770 | ||
| 3078 | 00:51:51,600 ~-~-> 00:51:54,150 | ||
| 3079 | want you to do is figure out how to take some of that burden | ||
| 3080 | |||
| 3081 | 771 | ||
| 3082 | 00:51:54,150 ~-~-> 00:51:58,830 | ||
| 3083 | of debt and fear away. Because once you have that one thing | ||
| 3084 | |||
| 3085 | 772 | ||
| 3086 | 00:51:58,830 ~-~-> 00:51:59,310 | ||
| 3087 | happen. | ||
| 3088 | |||
| 3089 | 773 | ||
| 3090 | 00:52:01,380 ~-~-> 00:52:08,790 | ||
| 3091 | Nothing stands in your way. Nothing. No scary thought. No | ||
| 3092 | |||
| 3093 | 774 | ||
| 3094 | 00:52:08,790 ~-~-> 00:52:12,930 | ||
| 3095 | person doubting, you know, family members saying you're | ||
| 3096 | |||
| 3097 | 775 | ||
| 3098 | 00:52:12,930 ~-~-> 00:52:17,340 | ||
| 3099 | living a pipe dream. All of those things are going to be | ||
| 3100 | |||
| 3101 | 776 | ||
| 3102 | 00:52:17,340 ~-~-> 00:52:19,740 | ||
| 3103 | like water on a duck's back, you're not going to be affected | ||
| 3104 | |||
| 3105 | 777 | ||
| 3106 | 00:52:19,740 ~-~-> 00:52:23,670 | ||
| 3107 | by it, because you'll see the effects of doing this. And the | ||
| 3108 | |||
| 3109 | 778 | ||
| 3110 | 00:52:24,060 ~-~-> 00:52:29,910 | ||
| 3111 | consistency and continuity that you can grow into. And I | ||
| 3112 | |||
| 3113 | 779 | ||
| 3114 | 00:52:29,910 ~-~-> 00:52:33,810 | ||
| 3115 | can't put it in words, I can't, I could talk and talk and | ||
| 3116 | |||
| 3117 | 780 | ||
| 3118 | 00:52:33,810 ~-~-> 00:52:37,950 | ||
| 3119 | talk and talk and talk. And it won't even come close to the | ||
| 3120 | |||
| 3121 | 781 | ||
| 3122 | 00:52:37,950 ~-~-> 00:52:41,130 | ||
| 3123 | feeling of knowing what it's like to have the lottery | ||
| 3124 | |||
| 3125 | 782 | ||
| 3126 | 00:52:41,130 ~-~-> 00:52:48,930 | ||
| 3127 | numbers every single day. Think about it, you're going to be | ||
| 3128 | |||
| 3129 | 783 | ||
| 3130 | 00:52:48,930 ~-~-> 00:52:51,750 | ||
| 3131 | walking around, and people are gonna look at you and they're | ||
| 3132 | |||
| 3133 | 784 | ||
| 3134 | 00:52:51,750 ~-~-> 00:52:54,810 | ||
| 3135 | gonna not, they're not going to know that you know this. And | ||
| 3136 | |||
| 3137 | 785 | ||
| 3138 | 00:52:54,810 ~-~-> 00:52:57,930 | ||
| 3139 | I do this every day, when I'm out with my wife, I'm out with | ||
| 3140 | |||
| 3141 | 786 | ||
| 3142 | 00:52:58,260 ~-~-> 00:53:03,480 | ||
| 3143 | you, my boys or myself. And I'm looking around and all these | ||
| 3144 | |||
| 3145 | 787 | ||
| 3146 | 00:53:03,480 ~-~-> 00:53:06,330 | ||
| 3147 | people are working their jobs. I used to do that stuff too. | ||
| 3148 | |||
| 3149 | 788 | ||
| 3150 | 00:53:06,930 ~-~-> 00:53:12,360 | ||
| 3151 | And while I'm walking around inside my phone, these little | ||
| 3152 | |||
| 3153 | 789 | ||
| 3154 | 00:53:12,360 ~-~-> 00:53:18,780 | ||
| 3155 | things are making bars. And that makes me money. Because | ||
| 3156 | |||
| 3157 | 790 | ||
| 3158 | 00:53:18,780 ~-~-> 00:53:22,350 | ||
| 3159 | I've either told that it was going to go higher, or it's | ||
| 3160 | |||
| 3161 | 791 | ||
| 3162 | 00:53:22,350 ~-~-> 00:53:28,770 | ||
| 3163 | going to go lower in executing with that framework. And my | ||
| 3164 | |||
| 3165 | 792 | ||
| 3166 | 00:53:28,770 ~-~-> 00:53:33,840 | ||
| 3167 | students are learning that skill set. It's transferable. So | ||
| 3168 | |||
| 3169 | 793 | ||
| 3170 | 00:53:34,080 ~-~-> 00:53:37,110 | ||
| 3171 | when you have an understanding what price is likely to do, | ||
| 3172 | |||
| 3173 | 794 | ||
| 3174 | 00:53:38,970 ~-~-> 00:53:43,170 | ||
| 3175 | you're not trying to figure out what the next guy's doing or | ||
| 3176 | |||
| 3177 | 795 | ||
| 3178 | 00:53:43,170 ~-~-> 00:53:46,230 | ||
| 3179 | how much they're doing. You're not trying to figure out what | ||
| 3180 | |||
| 3181 | 796 | ||
| 3182 | 00:53:46,230 ~-~-> 00:53:49,890 | ||
| 3183 | indicator what setting they have, or what other timeframe | ||
| 3184 | |||
| 3185 | 797 | ||
| 3186 | 00:53:50,040 ~-~-> 00:53:53,400 | ||
| 3187 | you're operating in that timeframe you're looking at. And | ||
| 3188 | |||
| 3189 | 798 | ||
| 3190 | 00:53:53,400 ~-~-> 00:53:57,030 | ||
| 3191 | what does that timeframe offer in terms of framework? You | ||
| 3192 | |||
| 3193 | 799 | ||
| 3194 | 00:53:57,030 ~-~-> 00:54:05,640 | ||
| 3195 | saw it today. So I'm going to take all this off and I'm | ||
| 3196 | |||
| 3197 | 800 | ||
| 3198 | 00:54:05,640 ~-~-> 00:54:16,410 | ||
| 3199 | gonna put it into an hourly chart. And you can see there's | ||
| 3200 | |||
| 3201 | 801 | ||
| 3202 | 00:54:16,410 ~-~-> 00:54:21,900 | ||
| 3203 | that old high what's the high 129 19 and three pets. It | ||
| 3204 | |||
| 3205 | 802 | ||
| 3206 | 00:54:21,900 ~-~-> 00:54:26,280 | ||
| 3207 | trades above that during a market consolidation. So running | ||
| 3208 | |||
| 3209 | 803 | ||
| 3210 | 00:54:26,280 ~-~-> 00:54:29,580 | ||
| 3211 | above this high here that's running out by side liquidity or | ||
| 3212 | |||
| 3213 | 804 | ||
| 3214 | 00:54:29,580 ~-~-> 00:54:32,700 | ||
| 3215 | by stops interbank traders are gonna go short above that | ||
| 3216 | |||
| 3217 | 805 | ||
| 3218 | 00:54:32,730 ~-~-> 00:54:36,330 | ||
| 3219 | right there. And we're not looking for to go right here. | ||
| 3220 | |||
| 3221 | 806 | ||
| 3222 | 00:54:36,870 ~-~-> 00:54:39,600 | ||
| 3223 | We're not looking for to go right here. We're just working | ||
| 3224 | |||
| 3225 | 807 | ||
| 3226 | 00:54:39,600 ~-~-> 00:54:43,860 | ||
| 3227 | inside the range. This low was formed in London. And it's | ||
| 3228 | |||
| 3229 | 808 | ||
| 3230 | 00:54:43,860 ~-~-> 00:54:47,760 | ||
| 3231 | all you got to worry about. Simple, even if it didn't take | ||
| 3232 | |||
| 3233 | 809 | ||
| 3234 | 00:54:47,760 ~-~-> 00:54:48,600 | ||
| 3235 | out that low. | ||
| 3236 | |||
| 3237 | 810 | ||
| 3238 | 00:54:55,980 ~-~-> 00:54:59,220 | ||
| 3239 | My target right here was enough to pay me 20 pips and that's | ||
| 3240 | |||
| 3241 | 811 | ||
| 3242 | 00:54:59,220 ~-~-> 00:55:04,110 | ||
| 3243 | what I banked pips. So even if it stopped me out, I took 20 | ||
| 3244 | |||
| 3245 | 812 | ||
| 3246 | 00:55:04,110 ~-~-> 00:55:08,010 | ||
| 3247 | pips. If I did this every single day, or if you did this | ||
| 3248 | |||
| 3249 | 813 | ||
| 3250 | 00:55:08,040 ~-~-> 00:55:11,250 | ||
| 3251 | every single day, and you took 20 pips and it never went to | ||
| 3252 | |||
| 3253 | 814 | ||
| 3254 | 00:55:11,250 ~-~-> 00:55:17,100 | ||
| 3255 | your target, are you a failure? If you put your trades on | ||
| 3256 | |||
| 3257 | 815 | ||
| 3258 | 00:55:17,130 ~-~-> 00:55:19,560 | ||
| 3259 | social media, everyone will come out and say, you don't have | ||
| 3260 | |||
| 3261 | 816 | ||
| 3262 | 00:55:19,560 ~-~-> 00:55:21,540 | ||
| 3263 | to trade it, never hit your targets and never hit your | ||
| 3264 | |||
| 3265 | 817 | ||
| 3266 | 00:55:21,540 ~-~-> 00:55:23,730 | ||
| 3267 | targets and never hit your targets. But the whole time your | ||
| 3268 | |||
| 3269 | 818 | ||
| 3270 | 00:55:23,730 ~-~-> 00:55:27,990 | ||
| 3271 | bottom line is growing. Why are you listening? These people, | ||
| 3272 | |||
| 3273 | 819 | ||
| 3274 | 00:55:28,830 ~-~-> 00:55:31,920 | ||
| 3275 | they can't trade. If they could trade, they wouldn't be so | ||
| 3276 | |||
| 3277 | 820 | ||
| 3278 | 00:55:31,920 ~-~-> 00:55:35,490 | ||
| 3279 | negative and talk about other people. They would be doing it | ||
| 3280 | |||
| 3281 | 821 | ||
| 3282 | 00:55:37,080 ~-~-> 00:55:40,320 | ||
| 3283 | simple core showing you that they're doing it. And they're | ||
| 3284 | |||
| 3285 | 822 | ||
| 3286 | 00:55:40,320 ~-~-> 00:55:43,590 | ||
| 3287 | not. So why are you listening to these people? Why don't you | ||
| 3288 | |||
| 3289 | 823 | ||
| 3290 | 00:55:43,590 ~-~-> 00:55:49,080 | ||
| 3291 | letting other people drive your destiny? Who's steering you | ||
| 3292 | |||
| 3293 | 824 | ||
| 3294 | 00:55:49,080 ~-~-> 00:55:52,260 | ||
| 3295 | are, or everyone else? Because I'm gonna tell you that right | ||
| 3296 | |||
| 3297 | 825 | ||
| 3298 | 00:55:52,260 ~-~-> 00:55:56,970 | ||
| 3299 | now. I kicked my family and my friends, and my bosses out of | ||
| 3300 | |||
| 3301 | 826 | ||
| 3302 | 00:55:56,970 ~-~-> 00:56:01,470 | ||
| 3303 | the driver's seat. When I was younger man. This is my life, | ||
| 3304 | |||
| 3305 | 827 | ||
| 3306 | 00:56:02,220 ~-~-> 00:56:07,560 | ||
| 3307 | my destiny. And I'm not trusting it to anyone. Anyone, and | ||
| 3308 | |||
| 3309 | 828 | ||
| 3310 | 00:56:07,560 ~-~-> 00:56:11,310 | ||
| 3311 | especially those individuals that doubt me. If you're gonna | ||
| 3312 | |||
| 3313 | 829 | ||
| 3314 | 00:56:11,310 ~-~-> 00:56:13,800 | ||
| 3315 | say I can't do something, I'm going to find 12 ways where I | ||
| 3316 | |||
| 3317 | 830 | ||
| 3318 | 00:56:13,800 ~-~-> 00:56:18,840 | ||
| 3319 | can prove to you I can and I will do it. Do you have that | ||
| 3320 | |||
| 3321 | 831 | ||
| 3322 | 00:56:18,840 ~-~-> 00:56:27,390 | ||
| 3323 | tenaciousness? Are you that tenacious? Are you ready to say, | ||
| 3324 | |||
| 3325 | 832 | ||
| 3326 | 00:56:28,110 ~-~-> 00:56:32,550 | ||
| 3327 | I'm willing to love you from a distance to your family? I'm | ||
| 3328 | |||
| 3329 | 833 | ||
| 3330 | 00:56:32,550 ~-~-> 00:56:34,770 | ||
| 3331 | not saying put your middle finger up and tell them to go f | ||
| 3332 | |||
| 3333 | 834 | ||
| 3334 | 00:56:34,770 ~-~-> 00:56:40,800 | ||
| 3335 | themselves. Okay, not to be crude. But it's not necessary to | ||
| 3336 | |||
| 3337 | 835 | ||
| 3338 | 00:56:40,800 ~-~-> 00:56:44,730 | ||
| 3339 | do that. They're not going to believe you until you arrive. | ||
| 3340 | |||
| 3341 | 836 | ||
| 3342 | 00:56:45,150 ~-~-> 00:56:49,170 | ||
| 3343 | And I'm telling you when you arrive, everyone's going to be | ||
| 3344 | |||
| 3345 | 837 | ||
| 3346 | 00:56:49,170 ~-~-> 00:56:54,690 | ||
| 3347 | asking you, everyone, how'd you do it. And you'll never hear | ||
| 3348 | |||
| 3349 | 838 | ||
| 3350 | 00:56:54,690 ~-~-> 00:56:59,520 | ||
| 3351 | anybody say, that guy or that gal. He or she isn't doing | ||
| 3352 | |||
| 3353 | 839 | ||
| 3354 | 00:56:59,520 ~-~-> 00:57:01,350 | ||
| 3355 | this doing that. They're all gonna be like, I don't know | ||
| 3356 | |||
| 3357 | 840 | ||
| 3358 | 00:57:01,350 ~-~-> 00:57:03,780 | ||
| 3359 | what he's doing. I wish I would have listened to them back | ||
| 3360 | |||
| 3361 | 841 | ||
| 3362 | 00:57:03,780 ~-~-> 00:57:08,460 | ||
| 3363 | when so and so. And all of a sudden, your opinion about | ||
| 3364 | |||
| 3365 | 842 | ||
| 3366 | 00:57:08,460 ~-~-> 00:57:11,280 | ||
| 3367 | things you don't even know about mean something to everyone? | ||
| 3368 | |||
| 3369 | 843 | ||
| 3370 | 00:57:12,690 ~-~-> 00:57:15,840 | ||
| 3371 | That's what happened with me. I get questioned all the time. | ||
| 3372 | |||
| 3373 | 844 | ||
| 3374 | 00:57:15,840 ~-~-> 00:57:17,910 | ||
| 3375 | Hey, what do you think about this? And that? I don't know. | ||
| 3376 | |||
| 3377 | 845 | ||
| 3378 | 00:57:18,690 ~-~-> 00:57:22,920 | ||
| 3379 | All I know about is these, these candles. I don't know | ||
| 3380 | |||
| 3381 | 846 | ||
| 3382 | 00:57:22,920 ~-~-> 00:57:26,160 | ||
| 3383 | anything else. That's all I've been doing all my life. But | ||
| 3384 | |||
| 3385 | 847 | ||
| 3386 | 00:57:26,850 ~-~-> 00:57:31,560 | ||
| 3387 | people, God bless them. Think I'm much more intellectual | ||
| 3388 | |||
| 3389 | 848 | ||
| 3390 | 00:57:31,560 ~-~-> 00:57:34,530 | ||
| 3391 | than I really am. I'm not that smart folks. I don't claim to | ||
| 3392 | |||
| 3393 | 849 | ||
| 3394 | 00:57:34,530 ~-~-> 00:57:41,070 | ||
| 3395 | be a mental giant. I am average Joe. Damn, the guy that I | ||
| 3396 | |||
| 3397 | 850 | ||
| 3398 | 00:57:41,070 ~-~-> 00:57:43,230 | ||
| 3399 | was talking about in this tutorial on this YouTube channel. | ||
| 3400 | |||
| 3401 | 851 | ||
| 3402 | 00:57:44,700 ~-~-> 00:57:50,190 | ||
| 3403 | I just was blessed by a real God. And if that upsets you, or | ||
| 3404 | |||
| 3405 | 852 | ||
| 3406 | 00:57:50,190 ~-~-> 00:57:52,710 | ||
| 3407 | if offends you, or if it doesn't align with your belief | ||
| 3408 | |||
| 3409 | 853 | ||
| 3410 | 00:57:52,710 ~-~-> 00:57:58,230 | ||
| 3411 | system, I understand. But that's how I got here. And I | ||
| 3412 | |||
| 3413 | 854 | ||
| 3414 | 00:57:58,230 ~-~-> 00:58:01,440 | ||
| 3415 | promised that I would spend the rest of my life as long as | ||
| 3416 | |||
| 3417 | 855 | ||
| 3418 | 00:58:01,440 ~-~-> 00:58:03,990 | ||
| 3419 | you put breath in my lungs and the ability to keep my mental | ||
| 3420 | |||
| 3421 | 856 | ||
| 3422 | 00:58:03,990 ~-~-> 00:58:12,000 | ||
| 3423 | faculties. I would teach it. This is my legacy. This is my | ||
| 3424 | |||
| 3425 | 857 | ||
| 3426 | 00:58:12,000 ~-~-> 00:58:17,850 | ||
| 3427 | passion. This is my hobby. And this is my life. You can | ||
| 3428 | |||
| 3429 | 858 | ||
| 3430 | 00:58:17,850 ~-~-> 00:58:20,940 | ||
| 3431 | either learn from it, or just don't ever watch the videos. | ||
| 3432 | |||
| 3433 | 859 | ||
| 3434 | 00:58:20,940 ~-~-> 00:58:25,170 | ||
| 3435 | Again, nothing forces you to come back here. But I promise. | ||
| 3436 | |||
| 3437 | 860 | ||
| 3438 | 00:58:25,650 ~-~-> 00:58:29,550 | ||
| 3439 | If you spend time here, it's going to change you. And it's | ||
| 3440 | |||
| 3441 | 861 | ||
| 3442 | 00:58:29,550 ~-~-> 00:58:35,130 | ||
| 3443 | not a cult. Nothing keeps you here. You can make this into | ||
| 3444 | |||
| 3445 | 862 | ||
| 3446 | 00:58:35,130 ~-~-> 00:58:39,960 | ||
| 3447 | something that chance forms your entire family tree. You | ||
| 3448 | |||
| 3449 | 863 | ||
| 3450 | 00:58:39,960 ~-~-> 00:58:41,850 | ||
| 3451 | don't need to trade it in forex. You can trade it in the | ||
| 3452 | |||
| 3453 | 864 | ||
| 3454 | 00:58:41,850 ~-~-> 00:58:44,280 | ||
| 3455 | stock market. All these things work in the stock market too. | ||
| 3456 | |||
| 3457 | 865 | ||
| 3458 | 00:58:45,150 ~-~-> 00:58:50,700 | ||
| 3459 | You can trade indices. You can trade commodities. metals. | ||
| 3460 | |||
| 3461 | 866 | ||
| 3462 | 00:58:52,470 ~-~-> 00:58:56,700 | ||
| 3463 | Listen, folks, you're not learning one trick. Okay? You're | ||
| 3464 | |||
| 3465 | 867 | ||
| 3466 | 00:58:56,700 ~-~-> 00:59:00,630 | ||
| 3467 | not one gimmick. You're learning how the markets really | ||
| 3468 | |||
| 3469 | 868 | ||
| 3470 | 00:59:00,780 ~-~-> 00:59:05,280 | ||
| 3471 | book. What makes a move? Where do they go? Why are they | ||
| 3472 | |||
| 3473 | 869 | ||
| 3474 | 00:59:05,280 ~-~-> 00:59:08,850 | ||
| 3475 | going there? Why should it reverse? When will these moves | ||
| 3476 | |||
| 3477 | 870 | ||
| 3478 | 00:59:08,850 ~-~-> 00:59:13,110 | ||
| 3479 | occur? If all these markets were random, why did they happen | ||
| 3480 | |||
| 3481 | 871 | ||
| 3482 | 00:59:13,170 ~-~-> 00:59:17,310 | ||
| 3483 | to have all these repeating phenomenon and setups around the | ||
| 3484 | |||
| 3485 | 872 | ||
| 3486 | 00:59:17,310 ~-~-> 00:59:18,870 | ||
| 3487 | same time window I'm teaching you | ||
| 3488 | |||
| 3489 | 873 | ||
| 3490 | 00:59:21,480 ~-~-> 00:59:24,840 | ||
| 3491 | It's nonsense when you hear these people say it's it's just | ||
| 3492 | |||
| 3493 | 874 | ||
| 3494 | 00:59:24,840 ~-~-> 00:59:28,740 | ||
| 3495 | noise on these intraday charts. You can't find any supply | ||
| 3496 | |||
| 3497 | 875 | ||
| 3498 | 00:59:28,740 ~-~-> 00:59:33,240 | ||
| 3499 | and demand factors. I agree. I agree. You can't, because | ||
| 3500 | |||
| 3501 | 876 | ||
| 3502 | 00:59:33,240 ~-~-> 00:59:36,180 | ||
| 3503 | that's not what makes the markets move. You have to | ||
| 3504 | |||
| 3505 | 877 | ||
| 3506 | 00:59:36,180 ~-~-> 00:59:38,940 | ||
| 3507 | understand what these algorithms are doing. Because that's | ||
| 3508 | |||
| 3509 | 878 | ||
| 3510 | 00:59:38,940 ~-~-> 00:59:41,610 | ||
| 3511 | what's going on before the market went to electronic | ||
| 3512 | |||
| 3513 | 879 | ||
| 3514 | 00:59:41,610 ~-~-> 00:59:47,190 | ||
| 3515 | trading. Real people had a job to make these fluctuations | ||
| 3516 | |||
| 3517 | 880 | ||
| 3518 | 00:59:47,190 ~-~-> 00:59:51,210 | ||
| 3519 | they made the price. They set it and then started pricing it | ||
| 3520 | |||
| 3521 | 881 | ||
| 3522 | 00:59:51,210 ~-~-> 00:59:53,820 | ||
| 3523 | lower or higher. They were the ones doing the manual | ||
| 3524 | |||
| 3525 | 882 | ||
| 3526 | 00:59:53,820 ~-~-> 00:59:58,320 | ||
| 3527 | repricing but it's not efficient. Now we have 24 hour | ||
| 3528 | |||
| 3529 | 883 | ||
| 3530 | 00:59:58,320 ~-~-> 01:00:02,130 | ||
| 3531 | trading I'm convinced at some point, we're going to have | ||
| 3532 | |||
| 3533 | 884 | ||
| 3534 | 01:00:02,610 ~-~-> 01:00:06,450 | ||
| 3535 | seven days a week trading. Because that's, you know, that's | ||
| 3536 | |||
| 3537 | 885 | ||
| 3538 | 01:00:06,450 ~-~-> 01:00:09,540 | ||
| 3539 | more opportunity. And I'm convinced that we're going to | ||
| 3540 | |||
| 3541 | 886 | ||
| 3542 | 01:00:09,540 ~-~-> 01:00:13,500 | ||
| 3543 | start seeing Saturday and all day Sunday trading. I hope I | ||
| 3544 | |||
| 3545 | 887 | ||
| 3546 | 01:00:13,500 ~-~-> 01:00:19,740 | ||
| 3547 | see it in my lifetime. But that's where we're going next. It | ||
| 3548 | |||
| 3549 | 888 | ||
| 3550 | 01:00:19,740 ~-~-> 01:00:22,620 | ||
| 3551 | happens for crypto, why can't we have it in forex? Why can't | ||
| 3552 | |||
| 3553 | 889 | ||
| 3554 | 01:00:22,620 ~-~-> 01:00:28,050 | ||
| 3555 | we have it on stocks? Because people are in a way. And when | ||
| 3556 | |||
| 3557 | 890 | ||
| 3558 | 01:00:28,050 ~-~-> 01:00:31,890 | ||
| 3559 | more electronic things come in, what the process those | ||
| 3560 | |||
| 3561 | 891 | ||
| 3562 | 01:00:31,890 ~-~-> 01:00:35,070 | ||
| 3563 | limitations will be removed in the markets will be even | ||
| 3564 | |||
| 3565 | 892 | ||
| 3566 | 01:00:35,070 ~-~-> 01:00:42,810 | ||
| 3567 | better. Because man, humans, they make it harder. You know, | ||
| 3568 | |||
| 3569 | 893 | ||
| 3570 | 01:00:43,170 ~-~-> 01:00:48,390 | ||
| 3571 | you've been trying to do this for how long? See. So as long | ||
| 3572 | |||
| 3573 | 894 | ||
| 3574 | 01:00:48,390 ~-~-> 01:00:52,380 | ||
| 3575 | as there's a human element involved, efficiency will always | ||
| 3576 | |||
| 3577 | 895 | ||
| 3578 | 01:00:52,680 ~-~-> 01:00:55,860 | ||
| 3579 | be lacking. They're way better than they were when they're | ||
| 3580 | |||
| 3581 | 896 | ||
| 3582 | 01:00:55,860 ~-~-> 01:01:03,660 | ||
| 3583 | open outcry. But now, it's proven that the algorithms and | ||
| 3584 | |||
| 3585 | 897 | ||
| 3586 | 01:01:03,660 ~-~-> 01:01:06,180 | ||
| 3587 | high frequency trading, they're not messing up the markets, | ||
| 3588 | |||
| 3589 | 898 | ||
| 3590 | 01:01:06,390 ~-~-> 01:01:09,840 | ||
| 3591 | that's not messing up the markets. Okay. That's just the | ||
| 3592 | |||
| 3593 | 899 | ||
| 3594 | 01:01:09,840 ~-~-> 01:01:13,080 | ||
| 3595 | excuse they give when greed kicks in. And the algorithm | ||
| 3596 | |||
| 3597 | 900 | ||
| 3598 | 01:01:13,080 ~-~-> 01:01:17,160 | ||
| 3599 | really runs by a manual override when they go in. And they | ||
| 3600 | |||
| 3601 | 901 | ||
| 3602 | 01:01:17,160 ~-~-> 01:01:20,850 | ||
| 3603 | call it the fat finger. Oh, yeah. So and so this rogue | ||
| 3604 | |||
| 3605 | 902 | ||
| 3606 | 01:01:20,850 ~-~-> 01:01:25,200 | ||
| 3607 | trader caused the flash crash? No, he did not. Okay, that | ||
| 3608 | |||
| 3609 | 903 | ||
| 3610 | 01:01:25,200 ~-~-> 01:01:28,530 | ||
| 3611 | did not happen. Okay, all these storylines, these | ||
| 3612 | |||
| 3613 | 904 | ||
| 3614 | 01:01:28,530 ~-~-> 01:01:34,980 | ||
| 3615 | narratives, they're all fake, fake. Just look at the Euro in | ||
| 3616 | |||
| 3617 | 905 | ||
| 3618 | 01:01:34,980 ~-~-> 01:01:38,100 | ||
| 3619 | the swissy, when there was the pact, study that in the | ||
| 3620 | |||
| 3621 | 906 | ||
| 3622 | 01:01:38,100 ~-~-> 01:01:42,900 | ||
| 3623 | charts, okay. And if you can get income articles, or any | ||
| 3624 | |||
| 3625 | 907 | ||
| 3626 | 01:01:42,900 ~-~-> 01:01:45,240 | ||
| 3627 | kind of writings about it, read it, because there's all | ||
| 3628 | |||
| 3629 | 908 | ||
| 3630 | 01:01:45,240 ~-~-> 01:01:47,670 | ||
| 3631 | kinds of different stories about what caused this and what | ||
| 3632 | |||
| 3633 | 909 | ||
| 3634 | 01:01:47,670 ~-~-> 01:01:53,520 | ||
| 3635 | caused that. All of it was absolutely controlled, it was | ||
| 3636 | |||
| 3637 | 910 | ||
| 3638 | 01:01:53,520 ~-~-> 01:01:57,540 | ||
| 3639 | controlled demolition. And those are black swan events. | ||
| 3640 | |||
| 3641 | 911 | ||
| 3642 | 01:01:57,570 ~-~-> 01:02:00,120 | ||
| 3643 | Those are the real risks there in this market, not just | ||
| 3644 | |||
| 3645 | 912 | ||
| 3646 | 01:02:00,120 ~-~-> 01:02:04,710 | ||
| 3647 | forex, every market. Stocks can be marked down overnight, | ||
| 3648 | |||
| 3649 | 913 | ||
| 3650 | 01:02:05,070 ~-~-> 01:02:18,960 | ||
| 3651 | just like that. $100 or more. Who said that price? Think | ||
| 3652 | |||
| 3653 | 914 | ||
| 3654 | 01:02:21,090 ~-~-> 01:02:24,540 | ||
| 3655 | traders got together. And that was the first trade network. | ||
| 3656 | |||
| 3657 | 915 | ||
| 3658 | 01:02:24,870 ~-~-> 01:02:30,120 | ||
| 3659 | Get out of here. It was booked there. And that was the first | ||
| 3660 | |||
| 3661 | 916 | ||
| 3662 | 01:02:30,120 ~-~-> 01:02:37,380 | ||
| 3663 | trade offered. Sooner or later, you'll get it or you won't. | ||
| 3664 | |||
| 3665 | 917 | ||
| 3666 | 01:02:38,400 ~-~-> 01:02:45,930 | ||
| 3667 | But it won't change it. So if you look at these markets, and | ||
| 3668 | |||
| 3669 | 918 | ||
| 3670 | 01:02:45,930 ~-~-> 01:02:50,160 | ||
| 3671 | you see opportunity, God bless you. If you look at these | ||
| 3672 | |||
| 3673 | 919 | ||
| 3674 | 01:02:50,160 ~-~-> 01:02:53,730 | ||
| 3675 | markets, and they're a puzzle you just can't solve, they're | ||
| 3676 | |||
| 3677 | 920 | ||
| 3678 | 01:02:53,730 ~-~-> 01:02:57,810 | ||
| 3679 | going to stay like that. It's going to be that Rubik's cube | ||
| 3680 | |||
| 3681 | 921 | ||
| 3682 | 01:02:57,810 ~-~-> 01:03:01,050 | ||
| 3683 | that you can't get the pattern of same colors, the lineup, | ||
| 3684 | |||
| 3685 | 922 | ||
| 3686 | 01:03:02,730 ~-~-> 01:03:04,680 | ||
| 3687 | it's going to be a crossword puzzle that you can never | ||
| 3688 | |||
| 3689 | 923 | ||
| 3690 | 01:03:04,680 ~-~-> 01:03:10,080 | ||
| 3691 | complete. If you look at it like that. I look at it as a | ||
| 3692 | |||
| 3693 | 924 | ||
| 3694 | 01:03:10,080 ~-~-> 01:03:15,270 | ||
| 3695 | treasure hunt. I look at it as a roadmap to getting | ||
| 3696 | |||
| 3697 | 925 | ||
| 3698 | 01:03:15,270 ~-~-> 01:03:18,960 | ||
| 3699 | something I want. In the first and foremost thing is | ||
| 3700 | |||
| 3701 | 926 | ||
| 3702 | 01:03:19,560 ~-~-> 01:03:23,520 | ||
| 3703 | satisfaction. I love being able to see what the market is | ||
| 3704 | |||
| 3705 | 927 | ||
| 3706 | 01:03:23,520 ~-~-> 01:03:27,630 | ||
| 3707 | going to do graphically like this. That's how I started, I | ||
| 3708 | |||
| 3709 | 928 | ||
| 3710 | 01:03:27,630 ~-~-> 01:03:32,850 | ||
| 3711 | needed to find that cookie, that reward because I didn't | ||
| 3712 | |||
| 3713 | 929 | ||
| 3714 | 01:03:32,850 ~-~-> 01:03:36,510 | ||
| 3715 | believe these things would make that much money for me. When | ||
| 3716 | |||
| 3717 | 930 | ||
| 3718 | 01:03:36,510 ~-~-> 01:03:39,270 | ||
| 3719 | I first started, I didn't have an understanding of compound | ||
| 3720 | |||
| 3721 | 931 | ||
| 3722 | 01:03:39,270 ~-~-> 01:03:46,560 | ||
| 3723 | interest, I had basic of expectations. Now, obviously, I | ||
| 3724 | |||
| 3725 | 932 | ||
| 3726 | 01:03:46,560 ~-~-> 01:03:50,070 | ||
| 3727 | understood compound interest from math. But I didn't apply | ||
| 3728 | |||
| 3729 | 933 | ||
| 3730 | 01:03:50,070 ~-~-> 01:03:53,700 | ||
| 3731 | it to the markets because I was so busy trying to do what | ||
| 3732 | |||
| 3733 | 934 | ||
| 3734 | 01:03:53,700 ~-~-> 01:03:58,650 | ||
| 3735 | everyone was saying to do in the books. It was always wrong. | ||
| 3736 | |||
| 3737 | 935 | ||
| 3738 | 01:04:00,510 ~-~-> 01:04:02,790 | ||
| 3739 | So when you look at me doing these things, and talking to | ||
| 3740 | |||
| 3741 | 936 | ||
| 3742 | 01:04:02,790 ~-~-> 01:04:06,780 | ||
| 3743 | you like this, and yes, this video is long, it's long. | ||
| 3744 | |||
| 3745 | 937 | ||
| 3746 | 01:04:08,700 ~-~-> 01:04:12,330 | ||
| 3747 | But if you want to learn something, the hardest skill set on | ||
| 3748 | |||
| 3749 | 938 | ||
| 3750 | 01:04:12,330 ~-~-> 01:04:18,270 | ||
| 3751 | the planet that has a uncapped earning potential. You can't | ||
| 3752 | |||
| 3753 | 939 | ||
| 3754 | 01:04:18,270 ~-~-> 01:04:22,860 | ||
| 3755 | limit yourself. What is where's the limit? What's the limit? | ||
| 3756 | |||
| 3757 | 940 | ||
| 3758 | 01:04:22,860 ~-~-> 01:04:28,020 | ||
| 3759 | What's the, what's the cap in earnings potential? in | ||
| 3760 | |||
| 3761 | 941 | ||
| 3762 | 01:04:28,020 ~-~-> 01:04:32,940 | ||
| 3763 | trading, what is it? Is there is there any? I don't think | ||
| 3764 | |||
| 3765 | 942 | ||
| 3766 | 01:04:32,940 ~-~-> 01:04:39,390 | ||
| 3767 | there is except for whatever you're willing to accept. So | ||
| 3768 | |||
| 3769 | 943 | ||
| 3770 | 01:04:39,420 ~-~-> 01:04:44,820 | ||
| 3771 | when someone's willing to sit down and give their insights, | ||
| 3772 | |||
| 3773 | 944 | ||
| 3774 | 01:04:45,390 ~-~-> 01:04:52,200 | ||
| 3775 | their experience and knowledge why would you want them to | ||
| 3776 | |||
| 3777 | 945 | ||
| 3778 | 01:04:52,200 ~-~-> 01:05:01,410 | ||
| 3779 | rush through it? Why would you kick sand in their face. | ||
| 3780 | |||
| 3781 | 946 | ||
| 3782 | 01:05:02,430 ~-~-> 01:05:07,980 | ||
| 3783 | Okay? Why would you talk ill about them. When you're the | ||
| 3784 | |||
| 3785 | 947 | ||
| 3786 | 01:05:07,980 ~-~-> 01:05:13,320 | ||
| 3787 | actual person I'm aiming at all you doubters, I don't need | ||
| 3788 | |||
| 3789 | 948 | ||
| 3790 | 01:05:13,320 ~-~-> 01:05:16,260 | ||
| 3791 | to convince the people that now are convinced that part's | ||
| 3792 | |||
| 3793 | 949 | ||
| 3794 | 01:05:16,290 ~-~-> 01:05:19,950 | ||
| 3795 | over, they're going to pursue excellence, because now he got | ||
| 3796 | |||
| 3797 | 950 | ||
| 3798 | 01:05:19,950 ~-~-> 01:05:25,500 | ||
| 3799 | a taste of it. But whenever I'm talking, I'm talking to you, | ||
| 3800 | |||
| 3801 | 951 | ||
| 3802 | 01:05:26,370 ~-~-> 01:05:30,090 | ||
| 3803 | the guy and the girl that's doubting, that thinks I'm a | ||
| 3804 | |||
| 3805 | 952 | ||
| 3806 | 01:05:30,090 ~-~-> 01:05:35,670 | ||
| 3807 | fraud, that thinks all this stuff is all cherry picked. I'm | ||
| 3808 | |||
| 3809 | 953 | ||
| 3810 | 01:05:35,670 ~-~-> 01:05:42,060 | ||
| 3811 | talking to you. Because I was just like you. I was just like | ||
| 3812 | |||
| 3813 | 954 | ||
| 3814 | 01:05:42,060 ~-~-> 01:05:48,270 | ||
| 3815 | you. I was hurting. I couldn't make it work. I was always | ||
| 3816 | |||
| 3817 | 955 | ||
| 3818 | 01:05:48,270 ~-~-> 01:05:51,750 | ||
| 3819 | losing, I was blowing my accounts. And I couldn't figure it | ||
| 3820 | |||
| 3821 | 956 | ||
| 3822 | 01:05:51,750 ~-~-> 01:05:56,940 | ||
| 3823 | out. And I lashed out. And that's human. It's why don't hold | ||
| 3824 | |||
| 3825 | 957 | ||
| 3826 | 01:05:56,940 ~-~-> 01:06:04,380 | ||
| 3827 | it against any of you. It's normal, that part is normal. But | ||
| 3828 | |||
| 3829 | 958 | ||
| 3830 | 01:06:04,380 ~-~-> 01:06:09,480 | ||
| 3831 | you have to listen to good reason. Good advice, good | ||
| 3832 | |||
| 3833 | 959 | ||
| 3834 | 01:06:09,480 ~-~-> 01:06:14,940 | ||
| 3835 | medicine. And that's what this is. If you just give yourself | ||
| 3836 | |||
| 3837 | 960 | ||
| 3838 | 01:06:14,940 ~-~-> 01:06:21,390 | ||
| 3839 | time and permission, and just let go, let go of whatever | ||
| 3840 | |||
| 3841 | 961 | ||
| 3842 | 01:06:21,390 ~-~-> 01:06:25,530 | ||
| 3843 | animosity hold against me. Because of either public stunts, | ||
| 3844 | |||
| 3845 | 962 | ||
| 3846 | 01:06:25,590 ~-~-> 01:06:29,580 | ||
| 3847 | and trolling I've done in the past, I'm trying my hardest, | ||
| 3848 | |||
| 3849 | 963 | ||
| 3850 | 01:06:30,450 ~-~-> 01:06:37,440 | ||
| 3851 | just to show you the goods to prove it to you. And maybe | ||
| 3852 | |||
| 3853 | 964 | ||
| 3854 | 01:06:37,440 ~-~-> 01:06:39,420 | ||
| 3855 | I've done a good job of trolling, and now you're just | ||
| 3856 | |||
| 3857 | 965 | ||
| 3858 | 01:06:39,420 ~-~-> 01:06:42,540 | ||
| 3859 | damaged, and I'm never gonna win you over. It doesn't mean | ||
| 3860 | |||
| 3861 | 966 | ||
| 3862 | 01:06:42,540 ~-~-> 01:06:48,510 | ||
| 3863 | I'm not gonna keep trying. You keep coming back to this | ||
| 3864 | |||
| 3865 | 967 | ||
| 3866 | 01:06:48,510 ~-~-> 01:06:56,580 | ||
| 3867 | channel. Core reason I can't see your thoughts. But I know | ||
| 3868 | |||
| 3869 | 968 | ||
| 3870 | 01:06:56,580 ~-~-> 01:07:00,780 | ||
| 3871 | what you're thinking. This guy doesn't make money, he only | ||
| 3872 | |||
| 3873 | 969 | ||
| 3874 | 01:07:00,780 ~-~-> 01:07:04,830 | ||
| 3875 | makes money trading, a demo account or paper trading, and | ||
| 3876 | |||
| 3877 | 970 | ||
| 3878 | 01:07:04,830 ~-~-> 01:07:08,010 | ||
| 3879 | teaches a mentorship. And he can't make money with a real | ||
| 3880 | |||
| 3881 | 971 | ||
| 3882 | 01:07:08,010 ~-~-> 01:07:15,870 | ||
| 3883 | account. I can. I can call moves, I can enter trades, I can | ||
| 3884 | |||
| 3885 | 972 | ||
| 3886 | 01:07:15,870 ~-~-> 01:07:20,310 | ||
| 3887 | manage them, I can do that every single day of the week. And | ||
| 3888 | |||
| 3889 | 973 | ||
| 3890 | 01:07:20,310 ~-~-> 01:07:27,750 | ||
| 3891 | still won't change your mind. Because you're bent. And | ||
| 3892 | |||
| 3893 | 974 | ||
| 3894 | 01:07:27,750 ~-~-> 01:07:34,530 | ||
| 3895 | you're wasting time you're wasting time. You could sit down | ||
| 3896 | |||
| 3897 | 975 | ||
| 3898 | 01:07:34,530 ~-~-> 01:07:39,030 | ||
| 3899 | and say okay, that's it. I'm putting it all side, I'm gonna | ||
| 3900 | |||
| 3901 | 976 | ||
| 3902 | 01:07:39,030 ~-~-> 01:07:42,090 | ||
| 3903 | sit down with this information. I'm not gonna have a | ||
| 3904 | |||
| 3905 | 977 | ||
| 3906 | 01:07:42,090 ~-~-> 01:07:44,400 | ||
| 3907 | timeline, I'm not going to have a deadline, I'm just going | ||
| 3908 | |||
| 3909 | 978 | ||
| 3910 | 01:07:44,400 ~-~-> 01:07:49,380 | ||
| 3911 | to consume a video or two a day, I'm going to take notes, | ||
| 3912 | |||
| 3913 | 979 | ||
| 3914 | 01:07:49,830 ~-~-> 01:07:51,750 | ||
| 3915 | and I'll reflect on it. And then we'll go into the charts | ||
| 3916 | |||
| 3917 | 980 | ||
| 3918 | 01:07:51,750 ~-~-> 01:07:54,660 | ||
| 3919 | looking for the things that these videos talk about. | ||
| 3920 | |||
| 3921 | 981 | ||
| 3922 | 01:07:55,980 ~-~-> 01:08:00,540 | ||
| 3923 | And if you do that, for 30 days, you're going to start | ||
| 3924 | |||
| 3925 | 982 | ||
| 3926 | 01:08:00,540 ~-~-> 01:08:04,050 | ||
| 3927 | seeing things that you didn't see before. And then that | ||
| 3928 | |||
| 3929 | 983 | ||
| 3930 | 01:08:04,140 ~-~-> 01:08:08,730 | ||
| 3931 | encourages you. And you get that little bit of a addiction, | ||
| 3932 | |||
| 3933 | 984 | ||
| 3934 | 01:08:09,720 ~-~-> 01:08:13,530 | ||
| 3935 | which is good. It's a good thing. Because it's motivation. | ||
| 3936 | |||
| 3937 | 985 | ||
| 3938 | 01:08:14,190 ~-~-> 01:08:18,120 | ||
| 3939 | As soon as you start seeing growth, and your understanding, | ||
| 3940 | |||
| 3941 | 986 | ||
| 3942 | 01:08:19,200 ~-~-> 01:08:22,350 | ||
| 3943 | it's infectious, then you start thinking about this stuff | ||
| 3944 | |||
| 3945 | 987 | ||
| 3946 | 01:08:22,380 ~-~-> 01:08:24,420 | ||
| 3947 | all day long. When you're at work, when you should be | ||
| 3948 | |||
| 3949 | 988 | ||
| 3950 | 01:08:24,420 ~-~-> 01:08:26,850 | ||
| 3951 | focusing on your job, you're going to think about I can't | ||
| 3952 | |||
| 3953 | 989 | ||
| 3954 | 01:08:26,850 ~-~-> 01:08:28,710 | ||
| 3955 | wait to look at the charts. I can't wait to study this and | ||
| 3956 | |||
| 3957 | 990 | ||
| 3958 | 01:08:28,710 ~-~-> 01:08:33,600 | ||
| 3959 | study that. Not I want to make money and trade. You become a | ||
| 3960 | |||
| 3961 | 991 | ||
| 3962 | 01:08:33,600 ~-~-> 01:08:39,660 | ||
| 3963 | sponge that you can't get enough. And look, it's not you're | ||
| 3964 | |||
| 3965 | 992 | ||
| 3966 | 01:08:39,660 ~-~-> 01:08:43,200 | ||
| 3967 | not worshipping me. None of my students worship Me, I don't | ||
| 3968 | |||
| 3969 | 993 | ||
| 3970 | 01:08:43,200 ~-~-> 01:08:48,480 | ||
| 3971 | want that. You're just in love with the future you. That's | ||
| 3972 | |||
| 3973 | 994 | ||
| 3974 | 01:08:48,480 ~-~-> 01:08:51,780 | ||
| 3975 | what these people are. They're they're in love with who | ||
| 3976 | |||
| 3977 | 995 | ||
| 3978 | 01:08:51,780 ~-~-> 01:08:54,270 | ||
| 3979 | they're going to become. Because they see what there's | ||
| 3980 | |||
| 3981 | 996 | ||
| 3982 | 01:08:54,570 ~-~-> 01:08:59,760 | ||
| 3983 | market in seitan content is doing for them on a small scale. | ||
| 3984 | |||
| 3985 | 997 | ||
| 3986 | 01:08:59,760 ~-~-> 01:09:01,800 | ||
| 3987 | And they know they keep working at it, it's going to be | ||
| 3988 | |||
| 3989 | 998 | ||
| 3990 | 01:09:01,800 ~-~-> 01:09:06,060 | ||
| 3991 | larger. And I have such a small little piece of that | ||
| 3992 | |||
| 3993 | 999 | ||
| 3994 | 01:09:06,060 ~-~-> 01:09:11,010 | ||
| 3995 | happening. I play a small role. I'm just providing a | ||
| 3996 | |||
| 3997 | 1000 | ||
| 3998 | 01:09:11,010 ~-~-> 01:09:15,780 | ||
| 3999 | language. You have to engage the marketplace. Everyone has | ||
| 4000 | |||
| 4001 | 1001 | ||
| 4002 | 01:09:15,780 ~-~-> 01:09:19,890 | ||
| 4003 | to engage the marketplace, in their own terms, in their own | ||
| 4004 | |||
| 4005 | 1002 | ||
| 4006 | 01:09:19,920 ~-~-> 01:09:27,090 | ||
| 4007 | way of doing it and manage that risk. It's not a cult here. | ||
| 4008 | |||
| 4009 | 1003 | ||
| 4010 | 01:09:27,870 ~-~-> 01:09:31,140 | ||
| 4011 | And I'm not a cult leader and no one's worshipping me. I | ||
| 4012 | |||
| 4013 | 1004 | ||
| 4014 | 01:09:31,140 ~-~-> 01:09:33,690 | ||
| 4015 | know what it is. And my students know what it is. It's | ||
| 4016 | |||
| 4017 | 1005 | ||
| 4018 | 01:09:33,690 ~-~-> 01:09:38,640 | ||
| 4019 | passion. I have it, a lot of it. It's inexhaustible. And my | ||
| 4020 | |||
| 4021 | 1006 | ||
| 4022 | 01:09:38,640 ~-~-> 01:09:41,430 | ||
| 4023 | students get infected with that. And they see the growth in | ||
| 4024 | |||
| 4025 | 1007 | ||
| 4026 | 01:09:41,430 ~-~-> 01:09:46,170 | ||
| 4027 | their own learning. Yes, they have setbacks, but they look | ||
| 4028 | |||
| 4029 | 1008 | ||
| 4030 | 01:09:46,170 ~-~-> 01:09:49,380 | ||
| 4031 | past them, because it's normal. And I'm here to remind them, | ||
| 4032 | |||
| 4033 | 1009 | ||
| 4034 | 01:09:49,650 ~-~-> 01:09:52,680 | ||
| 4035 | that's normal. It's a growth, you're going through growing | ||
| 4036 | |||
| 4037 | 1010 | ||
| 4038 | 01:09:52,680 ~-~-> 01:09:57,990 | ||
| 4039 | pains. Over time, you become much more versed and skilled | ||
| 4040 | |||
| 4041 | 1011 | ||
| 4042 | 01:09:58,650 ~-~-> 01:10:01,410 | ||
| 4043 | and the things that bother you in the big that you think are | ||
| 4044 | |||
| 4045 | 1012 | ||
| 4046 | 01:10:01,410 ~-~-> 01:10:05,310 | ||
| 4047 | paramount. This is a be all end all. It's a binary that | ||
| 4048 | |||
| 4049 | 1013 | ||
| 4050 | 01:10:05,310 ~-~-> 01:10:07,770 | ||
| 4051 | works right now, or I'm never going to do it again, if I | ||
| 4052 | |||
| 4053 | 1014 | ||
| 4054 | 01:10:07,770 ~-~-> 01:10:10,590 | ||
| 4055 | don't make this account grow to this much, I'm a failure, | ||
| 4056 | |||
| 4057 | 1015 | ||
| 4058 | 01:10:10,650 ~-~-> 01:10:13,140 | ||
| 4059 | I'm never going to do it again. And if you blow the account, | ||
| 4060 | |||
| 4061 | 1016 | ||
| 4062 | 01:10:13,140 ~-~-> 01:10:17,070 | ||
| 4063 | you know how you feel. Man, I got to get back into debt. | ||
| 4064 | |||
| 4065 | 1017 | ||
| 4066 | 01:10:17,070 ~-~-> 01:10:18,900 | ||
| 4067 | Again, I'm going to, I'm going to do it differently this | ||
| 4068 | |||
| 4069 | 1018 | ||
| 4070 | 01:10:18,900 ~-~-> 01:10:24,180 | ||
| 4071 | time. As long as you have that bug, you're gonna keep doing | ||
| 4072 | |||
| 4073 | 1019 | ||
| 4074 | 01:10:24,180 ~-~-> 01:10:26,400 | ||
| 4075 | this. And you're gonna keep coming back to my videos. | ||
| 4076 | |||
| 4077 | 1020 | ||
| 4078 | 01:10:26,880 ~-~-> 01:10:29,730 | ||
| 4079 | Because the talent side, you're still just wrestling with | ||
| 4080 | |||
| 4081 | 1021 | ||
| 4082 | 01:10:29,730 ~-~-> 01:10:34,020 | ||
| 4083 | that demon in you. The person it's in the mirror. Because | ||
| 4084 | |||
| 4085 | 1022 | ||
| 4086 | 01:10:34,020 ~-~-> 01:10:36,060 | ||
| 4087 | you don't deserve in your mind, you're thinking You don't | ||
| 4088 | |||
| 4089 | 1023 | ||
| 4090 | 01:10:36,060 ~-~-> 01:10:42,900 | ||
| 4091 | deserve to be successful. You do. You just had all these | ||
| 4092 | |||
| 4093 | 1024 | ||
| 4094 | 01:10:42,900 ~-~-> 01:10:46,500 | ||
| 4095 | other people influencing you, and telling you, either | ||
| 4096 | |||
| 4097 | 1025 | ||
| 4098 | 01:10:46,500 ~-~-> 01:10:51,300 | ||
| 4099 | directly or indirectly, that you don't deserve it. You do. | ||
| 4100 | |||
| 4101 | 1026 | ||
| 4102 | 01:10:52,380 ~-~-> 01:10:54,930 | ||
| 4103 | Everyone deserves it. If you come into my content, and you | ||
| 4104 | |||
| 4105 | 1027 | ||
| 4106 | 01:10:54,930 ~-~-> 01:10:58,200 | ||
| 4107 | bust your ass, because that's what it's gonna take. You | ||
| 4108 | |||
| 4109 | 1028 | ||
| 4110 | 01:10:58,200 ~-~-> 01:11:02,790 | ||
| 4111 | deserve it. And once you get it, no one can take it from | ||
| 4112 | |||
| 4113 | 1029 | ||
| 4114 | 01:11:02,790 ~-~-> 01:11:08,400 | ||
| 4115 | you. And it's so rewarding. It's so rewarding. If you just | ||
| 4116 | |||
| 4117 | 1030 | ||
| 4118 | 01:11:08,400 ~-~-> 01:11:11,790 | ||
| 4119 | take away your bank note for your home. How much better | ||
| 4120 | |||
| 4121 | 1031 | ||
| 4122 | 01:11:11,790 ~-~-> 01:11:15,510 | ||
| 4123 | would your life? I'm not saying let's get rich? How about if | ||
| 4124 | |||
| 4125 | 1032 | ||
| 4126 | 01:11:15,510 ~-~-> 01:11:17,970 | ||
| 4127 | you just got half your mortgage payment a month covered? | ||
| 4128 | |||
| 4129 | 1033 | ||
| 4130 | 01:11:18,570 ~-~-> 01:11:23,820 | ||
| 4131 | Wouldn't it be a big weight off your back your car note. Or | ||
| 4132 | |||
| 4133 | 1034 | ||
| 4134 | 01:11:23,820 ~-~-> 01:11:27,900 | ||
| 4135 | if you put groceries in your parents home? Maybe they're on | ||
| 4136 | |||
| 4137 | 1035 | ||
| 4138 | 01:11:27,930 ~-~-> 01:11:31,410 | ||
| 4139 | assisted living, and you're able to give them a way of | ||
| 4140 | |||
| 4141 | 1036 | ||
| 4142 | 01:11:31,530 ~-~-> 01:11:35,430 | ||
| 4143 | obtaining groceries and they didn't have to go without how | ||
| 4144 | |||
| 4145 | 1037 | ||
| 4146 | 01:11:35,430 ~-~-> 01:11:39,240 | ||
| 4147 | much better would you feel? As soon as you're able to do | ||
| 4148 | |||
| 4149 | 1038 | ||
| 4150 | 01:11:39,240 ~-~-> 01:11:41,820 | ||
| 4151 | that you start thinking wow, I'm able to do this with this. | ||
| 4152 | |||
| 4153 | 1039 | ||
| 4154 | 01:11:42,300 ~-~-> 01:11:45,060 | ||
| 4155 | If I just tweak it a little bit more, I can compound that | ||
| 4156 | |||
| 4157 | 1040 | ||
| 4158 | 01:11:45,060 ~-~-> 01:11:50,610 | ||
| 4159 | into other things. That's all trading is. That's it the same | ||
| 4160 | |||
| 4161 | 1041 | ||
| 4162 | 01:11:50,610 ~-~-> 01:11:54,720 | ||
| 4163 | 15 to 20 pips a day, a couple times a week. Man, you can do | ||
| 4164 | |||
| 4165 | 1042 | ||
| 4166 | 01:11:54,720 ~-~-> 01:12:00,090 | ||
| 4167 | a lot with that a lot. And you just have to broaden your | ||
| 4168 | |||
| 4169 | 1043 | ||
| 4170 | 01:12:00,090 ~-~-> 01:12:04,440 | ||
| 4171 | understanding and expectations to the positive side and not | ||
| 4172 | |||
| 4173 | 1044 | ||
| 4174 | 01:12:04,440 ~-~-> 01:12:08,400 | ||
| 4175 | just look at me as some fraud guru because I could prove | ||
| 4176 | |||
| 4177 | 1045 | ||
| 4178 | 01:12:08,400 ~-~-> 01:12:12,690 | ||
| 4179 | this stuff every single day of the week. It isn't gonna put | ||
| 4180 | |||
| 4181 | 1046 | ||
| 4182 | 01:12:12,690 ~-~-> 01:12:18,390 | ||
| 4183 | money in your pocket because I can do it. It's a learned | ||
| 4184 | |||
| 4185 | 1047 | ||
| 4186 | 01:12:18,390 ~-~-> 01:12:23,160 | ||
| 4187 | skill set. Every single one of you can do this. Don't let | ||
| 4188 | |||
| 4189 | 1048 | ||
| 4190 | 01:12:23,190 ~-~-> 01:12:28,020 | ||
| 4191 | anyone tell you or convince you that you can't. Because I'm | ||
| 4192 | |||
| 4193 | 1049 | ||
| 4194 | 01:12:28,020 ~-~-> 01:12:32,940 | ||
| 4195 | telling you, you can. Until next time, wish good luck and | ||
| 4196 | |||
| 4197 | 1050 | ||
| 4198 | 01:12:32,940 ~-~-> 01:12:33,420 | ||
| 4199 | good trading |