ICT YT - 2020-09-22 - ICT Forex Price Action Lesson - Trade Review Brokers and MT4 Scams.srt
1
00:00:15,630 --> 00:00:20,430
ICT: Alright, folks, we are looking at the foreign exchange
2
00:00:20,430 --> 00:00:25,290
market. So, on the left hand side we have $1 chart. And if
3
00:00:27,570 --> 00:00:32,760
you remember, I've been talking in the recent videos. When
4
00:00:32,760 --> 00:00:37,230
discussing the ideas I had in mind for dollar index, I felt
5
00:00:37,230 --> 00:00:39,600
that we were going to be trading above these Highs over
6
00:00:39,600 --> 00:00:45,780
here. Okay, so here we are, on the 22nd of September 2020.
7
00:00:46,560 --> 00:00:51,330
And the price was delivered as outlined. Now, if we have
8
00:00:51,330 --> 00:00:55,140
this idea in mind, would that be bullish or bearish for
9
00:00:55,140 --> 00:00:59,100
foreign currency for instance, like euro dollar when we see
10
00:00:59,100 --> 00:01:02,070
a move like this, we expect to see a drop in the price
11
00:01:02,070 --> 00:01:08,220
action for euro dollar. So with this in mind, let's go over
12
00:01:08,220 --> 00:01:15,180
to euro and this is the one I use for it, I can see there's
13
00:01:15,180 --> 00:01:18,300
several different brokerage feeds you can pull from, I like
14
00:01:18,300 --> 00:01:21,780
forex.com. Alright, so here's the euro dollar daily chart.
15
00:01:22,380 --> 00:01:27,300
And as you would expect the mirror image of these lows over
16
00:01:27,300 --> 00:01:32,730
here, that was the target I was aiming for for today, or day
17
00:01:32,730 --> 00:01:37,140
traders model, right? So want to drop into an hourly chart.
18
00:01:37,470 --> 00:01:40,950
Alright, so here's the hourly euro dollar chart. Right away
19
00:01:40,950 --> 00:01:43,170
your eye should be jumping right to the optimal trade entry
20
00:01:43,410 --> 00:01:48,300
for today. But if not, don't worry, I will cover it for you.
21
00:01:50,370 --> 00:01:54,330
Okay, so in this area here, this price action is what we're
22
00:01:54,330 --> 00:02:00,570
going to look at. Okay, so the markets creeping sideways, it
23
00:02:00,570 --> 00:02:06,990
breaks down, then trades up then we'll rolls over so your
24
00:02:06,990 --> 00:02:13,710
optimal trade entry is here to here and I'll show you that
25
00:02:19,410 --> 00:02:23,040
Okay, so we have high to low the price trades right back up
26
00:02:23,040 --> 00:02:25,890
look for the bodies of the candles are trading to Yes, we
27
00:02:25,890 --> 00:02:29,610
have Aaron price action, right goes beyond that. But again,
28
00:02:29,940 --> 00:02:33,840
the Fibonacci is not the secret. Okay. It's not what he's
29
00:02:33,840 --> 00:02:36,540
looking at. Are we overbought or oversold? Now we are
30
00:02:36,540 --> 00:02:39,300
overbought. But look at the bodies respecting that 70 times
31
00:02:39,300 --> 00:02:44,310
that trace level right there. Beautiful. price breaks down,
32
00:02:44,970 --> 00:02:47,730
comes back up in again, here is another optimal trade entry.
33
00:02:47,730 --> 00:02:50,820
And we'll see this on the 15 minute timeframe. But for
34
00:02:51,600 --> 00:02:55,890
completeness, add it now so when we do drop down into 15
35
00:02:55,890 --> 00:03:02,310
minute timeframe, you'll see it Alright, so the delivery
36
00:03:02,310 --> 00:03:05,520
here, we trade below these lows and then the market has a
37
00:03:05,520 --> 00:03:08,520
nice retracement back up into the bearish order block trades
38
00:03:08,550 --> 00:03:12,510
away and starts to break down. Now on the 15 minute
39
00:03:12,510 --> 00:03:16,680
timeframe, you could use this area here to enter and attack
40
00:03:16,680 --> 00:03:23,310
the low here and attack those daily lows. What if you miss
41
00:03:23,430 --> 00:03:27,000
this setup here? Do you just throw the baby out with the
42
00:03:27,000 --> 00:03:31,920
bathwater? No. Let's drop down to let's take this off first
43
00:03:31,920 --> 00:03:35,220
because it will probably be confusing otherwise. But here's
44
00:03:35,220 --> 00:03:38,520
what we have. That framework will drop down into a 15 minute
45
00:03:38,520 --> 00:03:41,580
timeframe. Okay, so here is the 15 minute timeframe. And you
46
00:03:41,580 --> 00:03:47,850
can see here's your optimal trade entry. Put it right on the
47
00:03:47,850 --> 00:03:51,630
key swing highs and low okay right in here. And then the
48
00:03:51,630 --> 00:03:54,390
market trades right back up into what you know, seven nine
49
00:03:54,480 --> 00:03:59,430
retracement level rolls over. Now what if you missed this
50
00:03:59,430 --> 00:04:03,570
move? So you had two opportunities and say you sit down in
51
00:04:03,570 --> 00:04:06,810
your charts and real life gets in the way? Okay, like it did
52
00:04:06,810 --> 00:04:12,000
for me today. I am not always in front of the charts
53
00:04:12,000 --> 00:04:15,990
Exactly. When the setups form. Sometimes I'm unable to get
54
00:04:15,990 --> 00:04:21,420
my computer to log on. If you'd like me that Windows Update,
55
00:04:21,420 --> 00:04:24,150
it usually comes to one. You can't do anything about it.
56
00:04:24,150 --> 00:04:26,700
Once it starts you have to wait that's plagued me many
57
00:04:26,700 --> 00:04:31,770
times. But homeschooling right now is proving to be a little
58
00:04:31,770 --> 00:04:35,490
bit of a challenge for my two younger sons with my wife. So
59
00:04:35,910 --> 00:04:38,970
I have to do my part to help with that. And today was that
60
00:04:38,970 --> 00:04:42,000
case? So I didn't get the opportunity to trade short up in
61
00:04:42,000 --> 00:04:46,560
here. So how do I work within that? So we have an ideal
62
00:04:46,560 --> 00:04:50,940
scenario where we look for the overall price structure to
63
00:04:50,940 --> 00:04:54,090
trade lower. So here is the beginning of the day on the 22nd
64
00:04:58,710 --> 00:05:03,480
Okay, The market trades softly, initially, and then retraces
65
00:05:03,480 --> 00:05:09,420
back up into a head of the New York open. Okay, so we have
66
00:05:09,480 --> 00:05:14,370
this price leg down and up, do we use this price leg high?
67
00:05:15,060 --> 00:05:19,590
Or this one? This one, why? Because the market was driving
68
00:05:19,590 --> 00:05:23,610
higher there. So as it was reaching higher, you want to
69
00:05:23,610 --> 00:05:26,670
anchor to a point of reference like that. And then down
70
00:05:26,670 --> 00:05:29,100
here, it's delivering on the downside. So there are two
71
00:05:29,100 --> 00:05:32,400
reference points for the the fibs you want to use that,
72
00:05:32,730 --> 00:05:35,820
again, relative to the price structure, we showed on that
73
00:05:35,850 --> 00:05:41,220
hourly chart. Optimal trade entry extending out in time,
74
00:05:41,850 --> 00:05:49,890
still inside that leg as well. So if you missed this one, or
75
00:05:49,920 --> 00:05:54,480
this one, what do you do? Well, the larger parent price
76
00:05:54,480 --> 00:05:57,540
swing, if you're not writing this stuff down, you're wasting
77
00:05:57,540 --> 00:06:01,440
your time. This is the larger parent price swing. And this
78
00:06:01,440 --> 00:06:06,180
is a subordinate price swing inside of this larger fractal,
79
00:06:06,390 --> 00:06:10,530
just like this price swing here to here. And you expect
80
00:06:10,530 --> 00:06:14,970
lower prices, or I did the same portion of price action is a
81
00:06:15,030 --> 00:06:21,060
smaller, fractal or very similar pattern to what we're
82
00:06:21,060 --> 00:06:25,650
seeing here. It's just on a smaller scale. But inside the
83
00:06:25,650 --> 00:06:29,220
context that if you think this is bearish, where's the
84
00:06:29,220 --> 00:06:32,550
larger parent price swing calling for a while you have a
85
00:06:32,550 --> 00:06:40,710
standard deviation of negative point five. And it's also
86
00:06:41,730 --> 00:06:48,180
below those key levels Jai outlined on it.
87
00:06:49,980 --> 00:06:53,040
Do this, that really makes it better if we see it more
88
00:06:53,160 --> 00:06:56,310
prominent. Okay, so that's the level we will be reaching
89
00:06:56,310 --> 00:06:59,580
for, for day trade. So we take that fib off now it's
90
00:06:59,580 --> 00:07:03,180
accomplished its mission here, and we'll take this off,
91
00:07:03,180 --> 00:07:05,730
because it's no longer selling. And because the idea is, if
92
00:07:05,730 --> 00:07:09,000
you're watching price action, and you know what you're
93
00:07:09,000 --> 00:07:11,610
looking to trade off of, okay, or maybe you were just
94
00:07:11,610 --> 00:07:13,650
apprehensive, and you just didn't want to take the trade,
95
00:07:13,920 --> 00:07:18,990
didn't trust it were nervous, or just, you just completely
96
00:07:18,990 --> 00:07:20,910
distracted at the time, because you could be in front of
97
00:07:20,910 --> 00:07:24,420
your charts and maybe a phone call rings and, or an email
98
00:07:24,420 --> 00:07:28,920
opens up or someone does something, okay, or your foot hits
99
00:07:28,920 --> 00:07:32,280
the power surge protector, and it turns off everything.
100
00:07:32,520 --> 00:07:36,870
These are all things that's happened to me, okay. So when
101
00:07:36,870 --> 00:07:39,420
those instances happen in the market starts to take off
102
00:07:39,420 --> 00:07:44,280
right in here. Okay, when it starts to break down here, most
103
00:07:44,280 --> 00:07:48,180
people would be like, okay, I missed it. And they'll try to
104
00:07:48,180 --> 00:07:52,260
chase it down here, or once it start to move over here. And
105
00:07:52,680 --> 00:07:55,170
you don't want to do that. Okay, you don't want to do that.
106
00:07:56,010 --> 00:07:59,430
You want to look at the price leg here, that creates that
107
00:07:59,430 --> 00:08:03,180
fractal. That's the optimal trade entry. If you can trade
108
00:08:03,180 --> 00:08:10,590
back to this low, or you're talking about the support and
109
00:08:10,590 --> 00:08:14,490
resistance stuff. Well, in this case, it fits the narrative.
110
00:08:14,490 --> 00:08:18,630
So yes, if you can apply the correct narrative to the price
111
00:08:18,630 --> 00:08:22,140
chart, then yeah, support resistance, and even retail
112
00:08:22,140 --> 00:08:24,990
indicators might assist you. But if you don't have the right
113
00:08:24,990 --> 00:08:29,700
narrative, it don't really matter. So the market trades up
114
00:08:29,730 --> 00:08:35,490
into this low, which is a mitigation block. Okay, so
115
00:08:35,730 --> 00:08:40,860
mitigation is close to but not the same as an ice breaker,
116
00:08:41,070 --> 00:08:46,740
right? So it's a matter of referencing, and classifying a
117
00:08:46,740 --> 00:08:51,060
specific, higher low in the scope of the underlying
118
00:08:51,060 --> 00:08:53,730
narrative. And it sounds like a whole bunch of mumbo jumbo
119
00:08:53,730 --> 00:08:56,160
to someone that hasn't really spent any time here on this
120
00:08:56,160 --> 00:09:02,340
YouTube channel. But it is the premise to selecting which
121
00:09:02,400 --> 00:09:07,350
highs and lows to anticipate a support or resistance idea to
122
00:09:07,350 --> 00:09:11,100
develop, if that makes any sense. So in other words, why
123
00:09:11,100 --> 00:09:16,020
would we expect this low to act as support turn resistance?
124
00:09:17,220 --> 00:09:21,900
And why not this one? And why not this one? Or how about
125
00:09:21,900 --> 00:09:25,740
this one? Why did they act as support broken term resistance
126
00:09:25,740 --> 00:09:30,270
there? You see what I'm saying? So there's a underlying
127
00:09:30,270 --> 00:09:33,540
narrative that needs to be understood. When you look at
128
00:09:33,540 --> 00:09:36,360
price action on a naked basis. That means there's no
129
00:09:36,360 --> 00:09:39,300
indicators, no trend lines, none of those things. The only
130
00:09:39,300 --> 00:09:41,280
time you ever see a trend line on my chart is where I'm
131
00:09:41,280 --> 00:09:46,260
showing horizontal levels that's carried into the future. I
132
00:09:46,260 --> 00:09:49,350
don't like diagnose support resistance because they're too
133
00:09:49,350 --> 00:09:52,920
subjective. And there's so many opportunities for you to
134
00:09:52,920 --> 00:09:56,010
anchor them on different price points. It's clearly
135
00:09:56,010 --> 00:09:58,920
subjective and anyone that says it's a perfect science to it
136
00:09:58,920 --> 00:10:04,350
is lying. So I lost a lot of money, real money trading trend
137
00:10:04,350 --> 00:10:06,630
lines, I don't I'm not a fan of them. But I'd look for
138
00:10:06,630 --> 00:10:12,300
things that helped me identify where the retail traders will
139
00:10:12,300 --> 00:10:17,640
anticipate price. Many of you are familiar with my optimal
140
00:10:17,640 --> 00:10:22,410
trade entry. And while I'm outlining the sell side here, and
141
00:10:22,410 --> 00:10:26,520
that larger one here, that we looked at on the hourly chart,
142
00:10:27,330 --> 00:10:29,250
before dropping down to the 15 minute time frame with this
143
00:10:29,250 --> 00:10:32,220
price, like here to here, and then this smaller one here,
144
00:10:33,150 --> 00:10:36,300
maybe you were looking at this down close candle, or all
145
00:10:36,300 --> 00:10:39,870
these down close candles in the market was trading down into
146
00:10:40,470 --> 00:10:43,200
the time of day where we would expect a New York session
147
00:10:43,200 --> 00:10:48,810
run, to do what to take out these relative equal highs. I'm
148
00:10:48,810 --> 00:10:50,550
not gonna say anything, but there's a lot of people that
149
00:10:50,550 --> 00:10:53,760
were doing that very thing in live streams and things like
150
00:10:53,760 --> 00:10:57,840
that, even calling out my stuff. But the underlying
151
00:10:57,840 --> 00:11:00,450
narrative they had was wrong. So that's what I'm saying.
152
00:11:00,450 --> 00:11:00,900
Like when,
153
00:11:02,310 --> 00:11:04,830
when you're learning how to do this, you need to have the
154
00:11:04,830 --> 00:11:08,880
understanding of why it should work, not just Oh, I know the
155
00:11:08,880 --> 00:11:13,320
magic trick behind it all. It's simply a down close
156
00:11:13,320 --> 00:11:15,510
calibrate for the up move. And when trades back down to it's
157
00:11:15,510 --> 00:11:18,030
a buy, because if they bought this and it started to rally,
158
00:11:18,480 --> 00:11:21,630
they're under the impression that they're correct. And the
159
00:11:21,630 --> 00:11:25,710
only thing this is doing is repricing for another sell off.
160
00:11:26,730 --> 00:11:28,980
And the market starts to trade lower. So what do you do if
161
00:11:28,980 --> 00:11:33,090
you miss that? Or if your stop loss gets hit? How can you
162
00:11:33,570 --> 00:11:36,330
get in sync with the marketplace? Because if this breaks
163
00:11:36,330 --> 00:11:39,090
below here, and you've been trying to buy it, you should not
164
00:11:39,090 --> 00:11:42,480
be thinking that this is now you know, another opportunity
165
00:11:42,480 --> 00:11:46,260
to buy. It's telling you it's telegraphing. It's not wanting
166
00:11:46,260 --> 00:11:49,560
to go higher. And just because there's relative equal Highs
167
00:11:49,560 --> 00:11:53,010
over here, and there's buyside liquidity above that, yes, it
168
00:11:53,010 --> 00:11:58,350
doesn't mean with any grade of surety or absolution, that
169
00:11:58,350 --> 00:12:03,390
they're going to take it there. Okay, so the idea is, how do
170
00:12:03,390 --> 00:12:06,840
we use this area right in here. So now we have this price
171
00:12:06,840 --> 00:12:09,930
structure in line with the underlying narrative that wants
172
00:12:09,930 --> 00:12:12,450
to go lower, because that dollar, I've already told you
173
00:12:12,480 --> 00:12:15,300
freely on this YouTube channel, that I was short term
174
00:12:15,300 --> 00:12:17,370
bullish on the dollar. And I wanted those relative equal
175
00:12:17,370 --> 00:12:20,400
highs on a daily chart to be traded to and above. So if that
176
00:12:20,400 --> 00:12:25,410
happens to be my short term outlook on dollar, then we have
177
00:12:25,410 --> 00:12:27,810
to be focusing or at least I have to be focusing and my
178
00:12:27,810 --> 00:12:32,400
students are focusing on shorting foreign currency. So we
179
00:12:32,400 --> 00:12:34,740
have our levels here on the 15 minute time frame. So now we
180
00:12:34,740 --> 00:12:38,070
can go into a lower timeframe, five minute chart, and
181
00:12:38,130 --> 00:12:44,010
capitalize on short term order flow. We have a low here, and
182
00:12:44,010 --> 00:12:47,460
the market trades back up into and when it trades into here
183
00:12:47,520 --> 00:12:50,700
on this candle you'll watch at the end of my jawboning here,
184
00:12:51,060 --> 00:12:55,830
I used a limit order. Now, initially, I had a limit order
185
00:12:56,040 --> 00:13:02,640
with a 15 PIP stop or so I think it was. And I opened the
186
00:13:02,760 --> 00:13:05,910
limit up with that, and I was watching price. And before the
187
00:13:05,910 --> 00:13:09,660
limit order fills, I adjusted to around the 11 pips a little
188
00:13:09,660 --> 00:13:15,090
bit less than 11 pips total risk. And I was aiming for this
189
00:13:15,090 --> 00:13:18,660
level down here, and you'll see it. Now before I get into
190
00:13:18,660 --> 00:13:21,930
that I'm going to talk a little bit briefly about this
191
00:13:22,890 --> 00:13:27,510
discussion. We'll say it that way that is being pushed
192
00:13:27,510 --> 00:13:31,920
around. And I look, I'm all for exposing people that don't
193
00:13:32,040 --> 00:13:35,250
know how to trade and they're trying to capitalize and fraud
194
00:13:35,250 --> 00:13:37,800
people and saying, hey, look, you know, I'm making money,
195
00:13:37,800 --> 00:13:43,650
look at my mt for screenshots. I don't do that. Okay, I
196
00:13:43,650 --> 00:13:47,460
don't even operate with an MT four platform. For any of my
197
00:13:47,490 --> 00:13:50,550
teachings, I use what you see right here, in case you don't
198
00:13:50,550 --> 00:13:56,130
know what this is, this is trading view.com. And the idea is
199
00:13:56,130 --> 00:14:03,180
that these folks can use the MT four manager and go in and
200
00:14:03,210 --> 00:14:06,720
enter trades after the fact and make it look like they took
201
00:14:06,720 --> 00:14:09,570
those trades, and they can even show you look, this was the
202
00:14:09,570 --> 00:14:12,900
time I entered the trade but you never see them actually
203
00:14:12,960 --> 00:14:16,320
entering the trades, okay. You never see them entering the
204
00:14:16,320 --> 00:14:19,170
trades, adjusting their stop putting their stop in when they
205
00:14:19,170 --> 00:14:21,990
enter the trade and managing it to the close. Whether it
206
00:14:21,990 --> 00:14:25,290
hits the target, whether it takes the take profit. That's
207
00:14:25,290 --> 00:14:29,130
the part I have been begging for. Because let's let's be
208
00:14:29,130 --> 00:14:35,130
honest. It's more interesting to see someone be able to
209
00:14:35,160 --> 00:14:38,160
operate and engage price action like that then just simply
210
00:14:38,160 --> 00:14:41,760
showing you here's the results. Here's yesterday's winning
211
00:14:41,760 --> 00:14:46,560
lottery numbers, and I had a ticket. No, tell me what you
212
00:14:46,560 --> 00:14:50,190
think the lottery numbers are going to be. And then let's
213
00:14:50,190 --> 00:14:55,110
see how it pans out. Well, that's what I do. I have
214
00:14:55,110 --> 00:14:59,490
thousands of people that watch me do this stuff I cosign
215
00:14:59,520 --> 00:15:02,850
ever Every single time I sit down with my students, and I
216
00:15:02,850 --> 00:15:05,340
did it publicly here, I told you what I felt was going to
217
00:15:05,340 --> 00:15:09,960
happen with that dollar. I keep an up, are you keeping tabs
218
00:15:09,960 --> 00:15:12,810
on what I'm expecting? Because if you are, you can still go
219
00:15:12,810 --> 00:15:15,720
back and watch those YouTube videos. I can't change them. I
220
00:15:15,720 --> 00:15:20,730
can't edit them. So trading view is not an MT four platform.
221
00:15:21,060 --> 00:15:24,300
Okay. That's why I went here. Everyone that was suggesting
222
00:15:24,300 --> 00:15:26,970
in the past, Hey, get off Mt. Four because you're faking it
223
00:15:27,000 --> 00:15:31,380
ICT Okay, to remove all doubt. I said, What do you want me
224
00:15:31,380 --> 00:15:36,780
to use? trading view? Okay, here I am on trading view. So it
225
00:15:36,780 --> 00:15:38,850
took a little bit of time getting used to I'm warming up to
226
00:15:38,850 --> 00:15:41,640
the platform. Now, I still don't know a lot of stuff on
227
00:15:41,640 --> 00:15:43,770
here. And a lot of my students and even folks that are not
228
00:15:43,770 --> 00:15:46,170
even in my mentorship, email me once in a while, they'll
229
00:15:46,170 --> 00:15:48,780
say, hey, look, I've seen what you're doing in the, in the
230
00:15:48,780 --> 00:15:50,880
video, you're struggling with this and that, and they give
231
00:15:50,880 --> 00:15:54,450
me tips. And folks, listen, I appreciate that. I am still
232
00:15:54,450 --> 00:15:58,080
learning how to use this platform, you know, as fluidly as I
233
00:15:58,440 --> 00:16:00,540
need to be, I guess. But
234
00:16:02,130 --> 00:16:06,090
I'm entering the orders here. Okay, you see the orders
235
00:16:06,120 --> 00:16:11,460
entering I'm pushing the button. I want to see you push the
236
00:16:11,460 --> 00:16:15,150
button? Well, guess what? I'm pushing them every week. Every
237
00:16:15,150 --> 00:16:17,310
week, I don't see anybody else pushing any buttons up here.
238
00:16:19,170 --> 00:16:23,250
I mean, asking for it. You don't see it. So I would love to
239
00:16:23,250 --> 00:16:26,790
see I love watching other people trade. I love it. And I'm
240
00:16:26,790 --> 00:16:29,430
not saying watch them lose I'm saying I would like to see
241
00:16:29,430 --> 00:16:35,280
them execute a very refined entry. Managed risk the entire
242
00:16:35,280 --> 00:16:38,580
time. Take partials along the way to fund the position and
243
00:16:38,580 --> 00:16:42,000
trader. And here you got it. You have somebody that's
244
00:16:42,000 --> 00:16:46,740
showing proof, the elusive proof, you don't need to see a
245
00:16:46,740 --> 00:16:49,590
live account, you absolutely do not need to see a live
246
00:16:49,590 --> 00:16:54,240
account period, you need to see someone executing and
247
00:16:54,240 --> 00:16:58,080
managing a position. Because this same data feed is the same
248
00:16:58,080 --> 00:17:02,280
data feed that you're going to see on interactive brokers. I
249
00:17:02,280 --> 00:17:05,940
G, which I mean, real quick, I mentioned this, push the
250
00:17:05,940 --> 00:17:09,420
video yesterday. And in my haste because I don't have a
251
00:17:09,420 --> 00:17:13,050
script. That's why my when my videos can be long winded
252
00:17:13,050 --> 00:17:17,400
rather frequently. And like this one, because I had every
253
00:17:17,400 --> 00:17:20,190
intention of making it about 15 minute long video, but it's
254
00:17:20,190 --> 00:17:25,410
not going to be a 15 minute video. So if we look at this
255
00:17:25,410 --> 00:17:29,910
data feed on trading view, I don't care what live
256
00:17:29,910 --> 00:17:34,620
institutional platform you're using. It's still close. And
257
00:17:34,620 --> 00:17:39,180
it's marked to market within a very fair, it might be ahead
258
00:17:39,180 --> 00:17:41,700
of it, it might be a little bit behind it in terms of a
259
00:17:41,700 --> 00:17:45,750
second or two. But it's the same feed folks. It's the same
260
00:17:45,750 --> 00:17:49,440
thing. So if I don't know what I'm talking about, and what
261
00:17:49,440 --> 00:17:53,010
am I talking about price action delivery, I do not go on
262
00:17:53,010 --> 00:17:56,130
record and say I'm going to make you a live trader that's
263
00:17:56,130 --> 00:17:59,700
profitable with live funds. I'm not licensed and regulated
264
00:17:59,700 --> 00:18:04,590
to do that. I say and I promise that if you study under me,
265
00:18:04,620 --> 00:18:07,440
whether it's through this YouTube channel or in my community
266
00:18:07,470 --> 00:18:10,620
mentorship, you're going to learn how to see price action
267
00:18:10,620 --> 00:18:15,150
like nobody's business, period, and I'm on record, they're
268
00:18:15,240 --> 00:18:19,290
just like here, executing on a basis that I've already
269
00:18:19,290 --> 00:18:24,180
outlined beforehand. Always in a demo account, because I am
270
00:18:24,180 --> 00:18:29,190
not regulated. I'm not licensed to do that. I'm not a CTA
271
00:18:29,220 --> 00:18:32,250
commodity trade advisor. I'm not getting myself in trouble
272
00:18:32,250 --> 00:18:37,320
just because I some woman or man anywhere in the world says
273
00:18:37,500 --> 00:18:39,960
do it with a Live account. Okay, well, if you're willing to
274
00:18:39,960 --> 00:18:45,390
pay me why funds for me to do it? Yeah. Oh, absolutely. I'll
275
00:18:45,390 --> 00:18:48,750
dance for that. Because then you'll see me take that money
276
00:18:48,750 --> 00:18:51,150
and give it away. Because if it was harder for money, I
277
00:18:51,150 --> 00:18:57,900
would keep it I gave him away money on Twitter. Just because
278
00:18:57,900 --> 00:18:59,880
people said if you don't if you don't believe I'll give away
279
00:18:59,880 --> 00:19:05,430
money. Say a specific phrase and those that tweeted it to
280
00:19:05,430 --> 00:19:09,990
me. I said okay, you're the one on one dm dm, I said send me
281
00:19:09,990 --> 00:19:12,300
your email address through PayPal and I sent money to them
282
00:19:12,960 --> 00:19:19,740
just to prove I would. So if I can get this woman that's
283
00:19:19,740 --> 00:19:23,190
barking ain't seen no deposit yet with that movie money. But
284
00:19:23,190 --> 00:19:26,130
if she will do it and put in an escrow account, I will
285
00:19:26,130 --> 00:19:29,640
absolutely go into a Live account and trade it record every
286
00:19:29,640 --> 00:19:34,320
trade and then close the account after it's done. And then
287
00:19:34,320 --> 00:19:36,000
I'll show you all the statements because I don't want
288
00:19:36,000 --> 00:19:39,570
anything hacked or new people go into after the fact but it
289
00:19:39,570 --> 00:19:42,330
will be deposited into a bank account and you can see all
290
00:19:42,330 --> 00:19:44,880
the bank statements I'll open up a bank account just with
291
00:19:44,880 --> 00:19:46,920
that and once the money comes out of that bank account then
292
00:19:46,920 --> 00:19:49,860
I'll show you all the process everything. I'm not gonna open
293
00:19:49,860 --> 00:19:58,410
myself up to levels of unreasonable okay proving but just
294
00:19:58,410 --> 00:20:04,770
the common curiosity Okay, for the casual glance, when I'm
295
00:20:04,770 --> 00:20:08,430
showing you executions on trading view, it should rather
296
00:20:08,460 --> 00:20:10,590
readily communicate that there's something different that
297
00:20:10,590 --> 00:20:13,680
I'm doing that you don't see everyone else doing. And that's
298
00:20:13,680 --> 00:20:17,550
all I'm trying to say. There might be somebody out there
299
00:20:17,550 --> 00:20:20,970
better than me, I might be wrong. I might be thinking that I
300
00:20:20,970 --> 00:20:23,820
know a lot. And I'm better than anybody else in terms of
301
00:20:23,820 --> 00:20:27,150
execution management. And then someone else comes to look at
302
00:20:27,150 --> 00:20:30,330
this, and they're doing it on trading view. My question is
303
00:20:30,330 --> 00:20:33,690
just like I'm posing it to other one else out there that is
304
00:20:33,690 --> 00:20:39,360
looking at what I do, and have a suspect of criticism about
305
00:20:39,390 --> 00:20:41,730
what it is I'm doing, oh, you're cheating, you're gaming the
306
00:20:41,730 --> 00:20:45,720
system? I'm not using an MT four platform. And there's no
307
00:20:45,720 --> 00:20:51,570
way I could gain or rig or manipulate trading view.
308
00:20:52,859 --> 00:20:56,219
That's, I mean, you see it, you see me entering it? It's
309
00:20:56,219 --> 00:20:59,879
not, here's my orders that were already done. No, I'm
310
00:20:59,939 --> 00:21:03,899
executing in the recording. Live, you can see the time
311
00:21:03,899 --> 00:21:09,269
always down here. And it's never the replay button. So I
312
00:21:09,269 --> 00:21:13,139
posed this to all of you in this community on YouTube likes
313
00:21:13,139 --> 00:21:16,589
to follow people that are teaching, or maybe they're selling
314
00:21:16,589 --> 00:21:19,619
mentorships or courses. Yeah, I'm gonna teach you this. I'm
315
00:21:19,619 --> 00:21:22,649
gonna teach it, okay. All of them should be put through a
316
00:21:22,649 --> 00:21:26,189
litany test of Okay, go to trading view. Don't show me your
317
00:21:26,189 --> 00:21:32,219
empty for screenshots. Okay, I've said this for the year, a
318
00:21:32,969 --> 00:21:36,959
year or more, okay, coming out saying, Look, I'm tired of
319
00:21:36,959 --> 00:21:41,879
seeing it. Because too many people get clout off have no
320
00:21:41,879 --> 00:21:46,139
proof. I can show you how to read price action. That's what
321
00:21:46,139 --> 00:21:50,279
I promise. That's my flagship here. I promised that skill
322
00:21:50,279 --> 00:21:52,829
set, if you spend enough time here with me, you're going to
323
00:21:52,829 --> 00:21:55,199
learn how to do that. You don't need to buy other people's
324
00:21:55,199 --> 00:21:57,899
courses, you can save your money, save all the heartache and
325
00:21:57,899 --> 00:22:01,319
not get scammed ever, if you just spend the time working on
326
00:22:01,319 --> 00:22:05,459
the things that tell you what to do. But if I can't prove
327
00:22:05,789 --> 00:22:09,869
that I can see it before it happens and engage and show you
328
00:22:09,899 --> 00:22:14,699
with precision entries. With the logic behind it that I
329
00:22:14,699 --> 00:22:19,709
teach, then you should not be watching my videos. You should
330
00:22:19,709 --> 00:22:22,619
not be looking at anything I say or believing anything I
331
00:22:22,619 --> 00:22:27,149
say. Because if I've never shown you evidence to the fact,
332
00:22:27,719 --> 00:22:34,439
then why should you take my word for it? Think I'm doing it
333
00:22:34,469 --> 00:22:40,679
every week, I'm showing you every single week. How many more
334
00:22:40,709 --> 00:22:44,579
do you need to see? I'm going to keep doing it. But how many
335
00:22:44,579 --> 00:22:49,109
more do you need to see the buttons getting pushed here. And
336
00:22:49,109 --> 00:22:52,799
I have no fear and no problem going into a Live account. The
337
00:22:52,799 --> 00:22:55,979
difference is, you're not going to see me do this live. But
338
00:22:55,979 --> 00:22:58,469
I'm not going to go on a live session and do live trading
339
00:22:58,469 --> 00:23:00,899
with a Live account. I'm not going to open myself up to that
340
00:23:00,899 --> 00:23:04,589
liability, I can turn a Live account. And I can show
341
00:23:04,589 --> 00:23:07,169
statements and deposits into a bank. That's not a big deal.
342
00:23:07,559 --> 00:23:10,019
But it needs to be presented in such a way where I'm not
343
00:23:10,019 --> 00:23:14,039
using that to entice students, because I don't ever, ever,
344
00:23:14,069 --> 00:23:17,759
ever do that. When people come to me soon as they read the
345
00:23:17,789 --> 00:23:19,829
nondisclosure agreement and enrollment agreement to come
346
00:23:19,829 --> 00:23:22,919
into my mentorship. The first thing they see this is not a
347
00:23:22,919 --> 00:23:26,159
signal service, I'm not going to go in and sit down in front
348
00:23:26,159 --> 00:23:28,739
of the charts and say, we're buying here putting a stop here
349
00:23:28,739 --> 00:23:31,439
and take your profits here with a Live account. There's no
350
00:23:31,439 --> 00:23:35,129
secret language, there's no code words, this means to buy.
351
00:23:35,129 --> 00:23:37,799
And this means to sell none of that stuff. It's we're only
352
00:23:37,799 --> 00:23:42,899
studying price action. At some point, my students get to a
353
00:23:43,469 --> 00:23:46,769
level where they determine that they're willing they are I
354
00:23:46,769 --> 00:23:49,529
don't ever say go into Live account trading. But they will
355
00:23:49,529 --> 00:23:51,629
get to a point where they'll say, you know, I feel
356
00:23:51,629 --> 00:23:54,269
comfortable with reading price action, and they go into
357
00:23:54,269 --> 00:23:58,199
trading live. But if you're doing that before at least one
358
00:23:58,199 --> 00:24:03,119
year of study, you're really being foolish, because you need
359
00:24:03,119 --> 00:24:06,029
to understand the money cycle that takes place every single
360
00:24:06,029 --> 00:24:11,309
calendar year, at minimum, and then after that slowly work
361
00:24:11,309 --> 00:24:16,289
towards working for consistency. And then dabbling with a
362
00:24:16,289 --> 00:24:19,559
very, very small account balance, not with a large account
363
00:24:19,559 --> 00:24:22,529
balance. But you have to spend a lot of time with theory and
364
00:24:22,529 --> 00:24:26,699
logic and most people are not willing to submit to that just
365
00:24:26,699 --> 00:24:29,459
like college degrees everybody would like to have some have
366
00:24:29,489 --> 00:24:32,609
not anymore because the jobs are scarce, but it used to be
367
00:24:32,609 --> 00:24:35,549
2030 years ago, everyone would be excited about going to
368
00:24:35,549 --> 00:24:37,979
college, but most people didn't have the money or the funds
369
00:24:37,979 --> 00:24:40,469
that afford it. But the main thing was they didn't want to
370
00:24:40,469 --> 00:24:42,659
put the four years or six years for the master's degree to
371
00:24:42,659 --> 00:24:46,859
get that certification that allow them in the door to
372
00:24:46,859 --> 00:24:49,019
potentially market themselves where there's high paying
373
00:24:49,019 --> 00:24:53,519
jobs. This is no different. Okay, I'm not giving you
374
00:24:53,519 --> 00:24:56,879
something that's going to be easy. It's not easy. I might
375
00:24:56,879 --> 00:24:59,609
make it look easy, but it's only because of my experience
376
00:24:59,609 --> 00:25:02,279
doing it but When my students come in, under my tutelage,
377
00:25:02,489 --> 00:25:07,379
they see just how hard this is, is hard. So if you're one of
378
00:25:07,379 --> 00:25:10,379
the huge number of people that respond to the email address
379
00:25:10,379 --> 00:25:13,439
I posted on my community tab, because we're allowing people
380
00:25:13,439 --> 00:25:15,539
to come in and reserve their seats, because I have to see
381
00:25:15,539 --> 00:25:19,169
how much of a response I'm getting. And I have to prepare
382
00:25:19,169 --> 00:25:23,459
for that and bring in staff to, to work with that overload
383
00:25:23,459 --> 00:25:26,669
of people coming in. And we already see there's a lot of
384
00:25:26,669 --> 00:25:28,919
people wanting to come in. So that's the reason why I'm
385
00:25:28,919 --> 00:25:31,589
doing. I'm not disappearing. There's no one shutting my
386
00:25:31,589 --> 00:25:34,199
youtube channel down. I'm not running from anyone. So I want
387
00:25:34,199 --> 00:25:37,199
you to understand that, okay, there ain't nobody I'm afraid
388
00:25:37,199 --> 00:25:39,479
of. I'm not worried about nothing. The government sees what
389
00:25:39,479 --> 00:25:44,219
might be you say, and I'm on record, the re recording every
390
00:25:44,219 --> 00:25:47,669
single week, before it happens. Okay? I have federal people
391
00:25:47,699 --> 00:25:51,209
in my mentorship. Hello, what money for that one.
392
00:25:52,500 --> 00:25:57,840
So here's the point, if folks that are willing to say I have
393
00:25:57,840 --> 00:26:03,570
something you want to learn, and it's trading, okay. Go on
394
00:26:03,570 --> 00:26:09,210
to trading view and show how that works in your hands. What
395
00:26:09,210 --> 00:26:12,030
do you do with the chart when it happens? To show an
396
00:26:12,030 --> 00:26:16,410
opportunity? Because I've never been impressed with just
397
00:26:16,410 --> 00:26:19,440
numbers saying how much they made big inflated numbers
398
00:26:19,440 --> 00:26:23,070
$50,000 per trade and such. Okay, listen, if they were
399
00:26:23,070 --> 00:26:25,710
showing those kind of results, they would show those kind of
400
00:26:25,710 --> 00:26:29,070
results in a bank statement. No big deal show a bank
401
00:26:29,070 --> 00:26:31,500
statement, sign on to your app on the phone. So this is
402
00:26:31,500 --> 00:26:34,020
where it got the positive. And you can see, here's the
403
00:26:34,020 --> 00:26:38,040
brokerage firm, deposited, received from this brokerage
404
00:26:38,040 --> 00:26:41,820
firm. It's a simple matter of doing that. But we don't see
405
00:26:41,820 --> 00:26:46,710
that nobody does that. So that's why they don't do it here.
406
00:26:46,980 --> 00:26:49,830
Okay, because the first thing is, well, if you can prove you
407
00:26:49,830 --> 00:26:53,250
can do it here, then now go back and show us all those
408
00:26:53,250 --> 00:27:00,780
screenshots that you put on Instagram, discord, telegram,
409
00:27:01,740 --> 00:27:06,480
all those places where frauds operate. We would be expected
410
00:27:06,480 --> 00:27:09,150
you to say okay, well, you said you made that money. And you
411
00:27:09,150 --> 00:27:13,560
pulled a withdrawal out of there. See, I trolled on Twitter,
412
00:27:13,770 --> 00:27:18,030
okay, I showed how it's easy to make people believe that
413
00:27:18,180 --> 00:27:22,530
you're making money. And I literally took a screen capture
414
00:27:22,560 --> 00:27:27,180
of an empty for print out. And I took some numbers and moved
415
00:27:27,180 --> 00:27:30,090
them around. It wasn't Photoshop, I was just using it with
416
00:27:30,150 --> 00:27:34,590
paint, MS Paint. And I put it up there. And I said, Yeah,
417
00:27:34,590 --> 00:27:37,350
man living the lifestyle. You know, I don't remember exactly
418
00:27:37,350 --> 00:27:40,200
what it says a couple of people have that, that tweet back
419
00:27:40,200 --> 00:27:43,800
then. But I did a lot of trolling and a lot of stunts. And
420
00:27:43,800 --> 00:27:46,920
there was basically making fun of the people that show
421
00:27:46,920 --> 00:27:50,940
withdrawals, when they're not really withdrawals. Because I
422
00:27:50,940 --> 00:27:56,010
don't have that empty for manager program. Because if I had
423
00:27:56,010 --> 00:27:59,070
to empty for manager program, I could have showed the
424
00:27:59,070 --> 00:28:01,740
negative symbol that's associated with taking a $3 million
425
00:28:02,040 --> 00:28:06,420
withdraw from the account. But my MS Paint didn't have the
426
00:28:06,420 --> 00:28:12,450
negative symbol on it. So right away, that disqualifies me
427
00:28:12,450 --> 00:28:16,860
in terms of having a mt four manager program, I can go in
428
00:28:16,860 --> 00:28:19,950
and show all that stuff. Then when I showed a Live account
429
00:28:19,950 --> 00:28:24,930
that was really Live account through forex.com. And I was
430
00:28:24,930 --> 00:28:28,050
using it through Mt. Four. And I haven't exhausted where I'm
431
00:28:28,050 --> 00:28:29,790
going with this. But I want you to understand Come on kind
432
00:28:29,790 --> 00:28:32,430
of clear the air with this because I have an opinion about
433
00:28:32,430 --> 00:28:37,320
Mt. Four. I don't think it's 100% fraudulent. I'm just
434
00:28:37,320 --> 00:28:40,140
saying the people that say they're profitable traders, and
435
00:28:40,140 --> 00:28:44,310
they sell education or whatever, or pretend to be rich.
436
00:28:45,180 --> 00:28:49,500
Those individuals have a burden of proof that needs to be
437
00:28:49,680 --> 00:28:53,280
satisfied in the public eye. I think I might be wrong. Like
438
00:28:53,310 --> 00:28:56,910
maybe I'm you expecting something that I'm not entitled to.
439
00:28:57,180 --> 00:29:00,060
But I think it just bodes well now especially in the
440
00:29:00,060 --> 00:29:04,830
environment that we have, because Adam Webb did a really
441
00:29:04,830 --> 00:29:07,620
good job of exposing it last year. And he made it very clear
442
00:29:07,620 --> 00:29:12,000
on Twitter. And once I saw that, I'm like, Okay, how do I
443
00:29:12,000 --> 00:29:14,670
rise up above that? Because I don't want anybody believe and
444
00:29:14,670 --> 00:29:18,330
that's how I do it. I really take the trades, I entered the
445
00:29:18,330 --> 00:29:25,380
trades. So I moved away from Mt four. So I've trolled in the
446
00:29:25,380 --> 00:29:29,400
past I've done I've took you stuff and hooked it up to Mt
447
00:29:29,400 --> 00:29:34,230
four accounts and put it to my effects book and I tank the
448
00:29:34,230 --> 00:29:39,330
account on purpose. Because I know there's websites have so
449
00:29:39,330 --> 00:29:41,820
many people using trade copier programs. And if I have a
450
00:29:41,820 --> 00:29:45,210
winning system, which I believe I do it everyone will be
451
00:29:45,210 --> 00:29:47,730
hooked up to it. And then they could be selling that and
452
00:29:47,730 --> 00:29:50,070
that sounds like conspiracy. It sounds like Oh, it's so far
453
00:29:50,070 --> 00:29:53,640
fetched. But that's why I don't do a my effects book because
454
00:29:54,060 --> 00:29:57,300
if I hook up to my effects book, the people that work over
455
00:29:57,330 --> 00:30:00,300
my effects book, they're in business. They're absolutely In
456
00:30:00,300 --> 00:30:03,780
business, as you'll see today, because my trades are more
457
00:30:03,780 --> 00:30:06,720
likely to pan out, because they're really linked to the
458
00:30:06,720 --> 00:30:10,680
logic behind how the algorithm delivers price each day, to
459
00:30:10,680 --> 00:30:15,570
answer all the uncertainties and confusion, or the distrust
460
00:30:15,660 --> 00:30:22,800
that was surfacing back when I was on Twitter, I moved to
461
00:30:22,800 --> 00:30:27,480
this platform because it's not empty for if there's anybody
462
00:30:27,480 --> 00:30:30,330
out there that can show how anyone can manipulate
463
00:30:30,330 --> 00:30:33,690
tradingview.com, because that's what this is, I mean, this
464
00:30:33,690 --> 00:30:34,860
is their platform.
465
00:30:36,690 --> 00:30:42,720
This would expose me because I'm executing on this platform.
466
00:30:43,260 --> 00:30:47,730
Okay? It's not a broker, it's this using a particular broker
467
00:30:47,760 --> 00:30:52,200
forex.com their feet now I can go in here and use Atlanta, I
468
00:30:52,200 --> 00:30:54,900
can go in here and trade with whatever other ones that they
469
00:30:54,900 --> 00:30:58,290
unlisted. I showed before I clicked on this one. But their
470
00:30:58,290 --> 00:31:04,800
data is being piped into this platform. I don't have a way
471
00:31:04,800 --> 00:31:08,490
to go in and manipulate an entry where I'm getting in here
472
00:31:08,490 --> 00:31:11,550
and getting out down here. I don't have a way of doing that.
473
00:31:11,940 --> 00:31:20,220
And the way I remove all doubt, okay, because if I can't
474
00:31:20,220 --> 00:31:23,910
show you this, okay, if I can't show you how to execute and,
475
00:31:24,180 --> 00:31:28,260
and show how it looks like if this was a live trade, which
476
00:31:28,290 --> 00:31:31,830
everyone knows it's not, it's not. This is a paper trading
477
00:31:31,830 --> 00:31:35,850
application. It's this thing down here. Okay? That paper
478
00:31:35,850 --> 00:31:38,910
trading function is a way for you to learn in practice
479
00:31:38,910 --> 00:31:43,080
without you hurting yourself. That's important, folks. It's
480
00:31:43,080 --> 00:31:46,560
crucial for you to develop properly. Because you're not
481
00:31:46,560 --> 00:31:50,010
going to be influenced by the fear and the greed. You won't
482
00:31:50,010 --> 00:31:53,550
be fearful of executing because you're not worried about if
483
00:31:53,550 --> 00:31:56,310
that decision is wrong, because money won't leave that
484
00:31:56,310 --> 00:32:01,380
account because it's hypothetical money. As an educator, I
485
00:32:01,380 --> 00:32:05,760
push really hard for that framework, because you cannot
486
00:32:05,760 --> 00:32:10,950
learn as a newbie, okay, you cannot learn. And you see all
487
00:32:10,950 --> 00:32:14,100
these people. Here's a guy on on Instagram, I think he
488
00:32:14,100 --> 00:32:16,950
deleted his, his thing, but he's stone. He's now in YouTube,
489
00:32:17,190 --> 00:32:21,480
small channel, small guy claims he's a pastor. And he's
490
00:32:21,510 --> 00:32:25,860
claims to sell. He's the world's greatest forex trader. And
491
00:32:25,860 --> 00:32:29,100
he has a video where he says, I don't believe in demo
492
00:32:29,100 --> 00:32:32,430
accounts, I think that you need to learn how to trade with
493
00:32:32,490 --> 00:32:36,450
live funds. And as soon as I hear that, I'm like, okay, the
494
00:32:36,450 --> 00:32:38,820
videos getting turned off. Okay, I can't listen to someone
495
00:32:38,820 --> 00:32:44,400
that says that. And that's the most irresponsible thing any
496
00:32:44,400 --> 00:32:48,840
educator can say. There's so much theory and logic that you
497
00:32:48,840 --> 00:32:51,240
have to understand about why these markets look the way they
498
00:32:51,240 --> 00:32:57,390
do. It's foolish, it's just downright stupid. For you to
499
00:32:57,390 --> 00:33:00,840
think that you can watch a couple videos, or watch a webinar
500
00:33:00,840 --> 00:33:05,760
or seminar, or go to a workshop even. And then walk out of
501
00:33:05,760 --> 00:33:08,400
there thinking you know how to trade, you have no idea how
502
00:33:08,400 --> 00:33:12,360
you're gonna feel when you put the trade on, even in demo. I
503
00:33:12,360 --> 00:33:14,700
have students that are watching my YouTube videos. They're
504
00:33:14,700 --> 00:33:17,040
not in mentorship, they're just watching YouTube videos. And
505
00:33:17,040 --> 00:33:20,760
they tell me they have anxiety when they put a demo trade
506
00:33:20,760 --> 00:33:23,880
on, now that you might laugh, and you might think yourself,
507
00:33:23,880 --> 00:33:28,830
Wow, that's really, you know, it's terrible. That's what
508
00:33:28,830 --> 00:33:32,610
this industry does. It's a big mirror. And it it will
509
00:33:32,610 --> 00:33:36,570
reflect and show you who you really are. And the thing is,
510
00:33:36,570 --> 00:33:43,080
most of you, the males, the young men, they come to this
511
00:33:43,080 --> 00:33:45,540
industry thinking they're going to come here and conquer.
512
00:33:45,540 --> 00:33:49,380
And here it is. I was scared to death. I first started, I
513
00:33:49,380 --> 00:33:52,800
had no idea what to expect, I didn't know that this level of
514
00:33:52,800 --> 00:33:56,130
consistency was available. I just wanted to be right once in
515
00:33:56,130 --> 00:34:00,780
a while, that leads to me eventually retiring at 40. That
516
00:34:00,780 --> 00:34:04,650
was my game plan. It was a long time horizon before I got to
517
00:34:04,650 --> 00:34:07,890
my destination. So I was already building in the idea that
518
00:34:07,890 --> 00:34:12,210
this is going to be take a lot of work. And some of you hear
519
00:34:12,210 --> 00:34:14,640
that in a second while doing that. Because I see these
520
00:34:14,640 --> 00:34:17,220
people on Instagram and they're making $100,000 per trade.
521
00:34:17,520 --> 00:34:20,700
And I'm telling you, they're not they're not doing that.
522
00:34:21,360 --> 00:34:24,420
Because if they did that, they would show that money, go
523
00:34:24,420 --> 00:34:27,540
right to a bank account, and then take that money out of the
524
00:34:27,540 --> 00:34:31,740
bank and buy something with it. There's no denying it, then
525
00:34:32,190 --> 00:34:37,950
there's absolutely no denying that. So how do I fit in all
526
00:34:37,950 --> 00:34:44,430
this? I come to this platform, on trading view. I teach
527
00:34:44,430 --> 00:34:46,980
through this, my students see me outline where I think it's
528
00:34:46,980 --> 00:34:50,790
gonna go. And I'm very specific about it. In recent weeks
529
00:34:50,790 --> 00:34:53,370
because of the consolidation, the markets have been in, I
530
00:34:53,370 --> 00:34:59,910
have been very clear and specific about how we are in a very
531
00:35:00,000 --> 00:35:03,300
Difficult trading environment for the short term because
532
00:35:03,300 --> 00:35:06,810
we're in a large consolidation. But because of that, I have
533
00:35:06,810 --> 00:35:10,200
to still tell them where I believe the markets going to go.
534
00:35:10,320 --> 00:35:13,590
And I said, the market was likely to go higher on dollar to
535
00:35:13,590 --> 00:35:17,340
those relative equal highs on the daily chart. So that sets
536
00:35:17,340 --> 00:35:24,390
the stage for runs lower on foreign currency. So if I can
537
00:35:24,390 --> 00:35:30,060
show you proof evidence that I can execute or push the
538
00:35:30,060 --> 00:35:33,330
button, it matters not if it's a Live account or not,
539
00:35:33,330 --> 00:35:36,600
because if I don't know what I'm doing, I'm going to fail,
540
00:35:36,900 --> 00:35:37,950
pushing this button.
541
00:35:38,940 --> 00:35:43,290
Because it's the same data. Anyone, anyone out there that
542
00:35:43,290 --> 00:35:46,680
wants to put money up live money, lots of money, okay, for
543
00:35:46,680 --> 00:35:52,140
me to dance for that to prove? Then Yeah, $75,000 was
544
00:35:52,140 --> 00:35:55,410
suggested. And I'm waiting for that to happen. Because
545
00:35:55,410 --> 00:35:58,650
that's what you'll get with that. But you're not going to
546
00:35:58,650 --> 00:36:03,300
get that because these people out here aren't prepared to
547
00:36:03,300 --> 00:36:08,040
deal with someone like me, because I'm doing. I'm doing what
548
00:36:08,040 --> 00:36:10,650
it is that they asked for. And it still doesn't answer. This
549
00:36:10,650 --> 00:36:12,960
is why I said, back on baby pets, when they were asking me
550
00:36:12,960 --> 00:36:15,150
to do all this and do all that I'm like, you're not gonna
551
00:36:15,150 --> 00:36:17,670
it's not gonna answer it. I'm still gonna have 1020
552
00:36:17,670 --> 00:36:21,570
different people say, well, but you didn't do this. But you
553
00:36:21,570 --> 00:36:25,680
didn't do this. So I'm not I'm not gonna live my life like
554
00:36:25,680 --> 00:36:28,290
that. I'm not going to do it. I'm going to provide to you
555
00:36:28,290 --> 00:36:33,180
what it is, I feel is ample evidence. And I'm already on
556
00:36:33,180 --> 00:36:36,840
record as to what I believe is going to happen. If I'm not
557
00:36:36,840 --> 00:36:40,650
saying the truth, people would be making videos and calling
558
00:36:40,650 --> 00:36:44,100
me out saying no ICT in the mentorship, you said this, this,
559
00:36:44,100 --> 00:36:47,940
this and this and this. And guess what? That would be
560
00:36:47,940 --> 00:36:52,950
exposed. That doesn't happen. Why doesn't that happen?
561
00:36:54,270 --> 00:36:58,260
Because all of these people, the thousands of people to sit
562
00:36:58,260 --> 00:37:03,510
down every single week, they see me do it. Right. And when
563
00:37:03,510 --> 00:37:07,500
I'm uncertain, I'm honest. And I say I don't know right now.
564
00:37:07,710 --> 00:37:10,890
And I need to have more information. But I tell them where I
565
00:37:10,890 --> 00:37:14,010
still believe it's going right then in there gun to my head
566
00:37:14,010 --> 00:37:18,090
all the time. I have to cosign every single time, I'm still
567
00:37:18,090 --> 00:37:22,530
in the 90%. It's not bragging, I'm just saying that is a
568
00:37:22,530 --> 00:37:27,000
testimony to experience. That's what's lacking in this
569
00:37:27,000 --> 00:37:29,760
industry. You see all these people and you probably see it
570
00:37:29,760 --> 00:37:32,040
on my videos. When you click my video. This guy comes on
571
00:37:32,040 --> 00:37:34,110
here. What did you really think you're gonna learn how to
572
00:37:34,110 --> 00:37:37,440
trade on YouTube? We'll traders don't put videos on YouTube.
573
00:37:38,010 --> 00:37:41,850
Well, I'm a real trader. And I'm putting out the best
574
00:37:41,850 --> 00:37:45,240
information there is on trading. And you get to test drive
575
00:37:45,240 --> 00:37:51,390
it for free. But what happens when I start this whole
576
00:37:51,390 --> 00:37:54,780
process of proving and proving and proving it becomes a
577
00:37:54,780 --> 00:37:59,190
never ending ordeal, okay, it never ends. Because somebody
578
00:37:59,190 --> 00:38:01,140
else will come to the channel and say, Oh, yeah, but you
579
00:38:01,140 --> 00:38:03,630
don't do this. I'm not gonna jump through everybody's hoop.
580
00:38:03,930 --> 00:38:07,290
I'm not. That's what I'm not going to do. You have the
581
00:38:07,290 --> 00:38:12,000
burden of debunking what I'm proving here on tradingview.
582
00:38:12,480 --> 00:38:15,270
Mt. Four has already left the building. Okay, we're not even
583
00:38:15,270 --> 00:38:18,240
talking about Mt. Four. I'm not one of those clowns that do
584
00:38:18,240 --> 00:38:25,380
that. So I went and open up a demo account with ign.com. And
585
00:38:25,410 --> 00:38:28,740
I mistakingly. In yesterday's video, I can't remember if I
586
00:38:29,040 --> 00:38:32,670
made this clear, not earlier, but I mistakenly refer to them
587
00:38:32,670 --> 00:38:35,160
as interactive brokers. And that's a mistake on my part. So
588
00:38:35,490 --> 00:38:39,930
I'm going to edit the description box under the video,
589
00:38:40,590 --> 00:38:44,250
annotating that I mistakenly call that platform interactive
590
00:38:44,250 --> 00:38:47,460
brokers. Reason why because I look up and I see AIG, and
591
00:38:47,460 --> 00:38:51,600
I've always referred to interactive brokers as IB. I just
592
00:38:51,600 --> 00:38:53,730
ran with it. I don't know why I said it what I did, but it
593
00:38:53,730 --> 00:38:56,910
doesn't change the fact that that is not, that's not an MT
594
00:38:56,910 --> 00:39:01,050
four platform. That's an executed trade. It's highly
595
00:39:01,050 --> 00:39:07,410
precise. And it's right there from the entry to exit. debunk
596
00:39:07,410 --> 00:39:11,970
it, debunk what I'm showing you on trading view. Okay.
597
00:39:13,260 --> 00:39:18,750
There's a lot of things out here that are going to hurt you.
598
00:39:19,440 --> 00:39:23,310
And if you just take a minute, just to consider how I teach
599
00:39:23,520 --> 00:39:27,540
and how I teach it on this YouTube channel, I do everything
600
00:39:27,600 --> 00:39:33,150
with safety in mind, first and foremost, mine. I'm not going
601
00:39:33,150 --> 00:39:37,320
to extend myself out to a point where I'm not entering an
602
00:39:37,350 --> 00:39:43,680
area where I'm expected to be certified. Okay, if I'm
603
00:39:43,680 --> 00:39:47,370
talking about demo price action, in a demo account, I don't
604
00:39:47,370 --> 00:39:50,610
need to be registered as a CTA to do that. We're talking
605
00:39:50,610 --> 00:39:54,600
about something you can't take money or take money from you
606
00:39:54,930 --> 00:39:59,790
by doing their safety in that that's why I do it. That
607
00:39:59,790 --> 00:40:04,350
doesn't Hide me. Okay, that's an doesn't hide me from the
608
00:40:04,350 --> 00:40:08,550
burden of proving theory or concept because I do that here.
609
00:40:09,690 --> 00:40:14,010
Listen, there is no secret execution examples in my
610
00:40:14,010 --> 00:40:18,120
mentorship. All of my executions are always public on this
611
00:40:18,120 --> 00:40:23,610
YouTube channel. Oh, yeah. I do it that way. Because when
612
00:40:23,610 --> 00:40:27,030
the regulator's do look into me, this is what everyone sees.
613
00:40:27,570 --> 00:40:30,960
I'm not enticing anyone into, here's the real secret trades.
614
00:40:30,990 --> 00:40:34,650
Now, if I'm going to execute, I'm going to share it and
615
00:40:34,650 --> 00:40:37,560
publicly put it on this YouTube channel. That's it.
616
00:40:38,400 --> 00:40:43,350
I wear everything out in the open. It's simple as that. I
617
00:40:43,350 --> 00:40:47,460
tell you, it's a demo. I don't lie to you about that. I'm
618
00:40:47,460 --> 00:40:53,010
very clear about it. Because I'm a proponent. I believe that
619
00:40:53,010 --> 00:40:58,500
it is critical for anyone that's even considering trading in
620
00:40:58,500 --> 00:41:01,230
the future with live funds, they need to spend a lot of time
621
00:41:01,260 --> 00:41:03,690
in this environment, because you're going to learn a lot
622
00:41:03,690 --> 00:41:05,940
about yourself, you're gonna learn about price and how you,
623
00:41:06,660 --> 00:41:09,630
how are you influenced by the fluctuations in these charts,
624
00:41:10,320 --> 00:41:14,310
because they are like mirrors, they're going to show you
625
00:41:14,310 --> 00:41:18,510
something in you that many times is the problem, you're the
626
00:41:18,510 --> 00:41:22,710
problem, you are the problem. It's not me the mentor, it's
627
00:41:22,710 --> 00:41:27,750
not the concepts you are Oh, and here, somebody's going to
628
00:41:27,750 --> 00:41:29,700
use this part in the video and make a big case out of it.
629
00:41:30,330 --> 00:41:33,600
But it's the truth. Because you probably are bringing in
630
00:41:33,600 --> 00:41:39,150
preconceived ideas, and treasured concepts and applications.
631
00:41:39,150 --> 00:41:42,690
And you think that this should plug and play and make that
632
00:41:42,690 --> 00:41:48,870
better. When very well meaning people are operating YouTube
633
00:41:48,870 --> 00:41:53,790
channels, with forex. And you listen to me, and it sounds
634
00:41:53,790 --> 00:41:58,440
like I'm bashing them on the rocks. And I'm not really
635
00:41:58,470 --> 00:42:00,660
unless I specifically come out and say this particular
636
00:42:00,660 --> 00:42:03,780
person or that particular channel, I'm not really thinking
637
00:42:03,780 --> 00:42:07,350
of anyone in particular, except for the grand scheme of
638
00:42:07,350 --> 00:42:14,850
retail logic. Because it's flawed. The way I interpret price
639
00:42:15,060 --> 00:42:18,840
is the way I teach it. And if I can't execute on the basis
640
00:42:18,840 --> 00:42:21,960
of the things that I teach, then you have no business
641
00:42:21,960 --> 00:42:25,410
listening to me, I should not be listening to I should not
642
00:42:25,410 --> 00:42:29,760
be followed, I should not be believed. But I do push the
643
00:42:29,760 --> 00:42:33,870
button. You see it, when the chart is naked like this to the
644
00:42:33,870 --> 00:42:38,340
point where the orders entered. Please tell me how that's
645
00:42:38,340 --> 00:42:44,670
faked. It's not just here, I did it in nije account. I've
646
00:42:44,670 --> 00:42:49,860
done it on Mt. Four. Okay, but to avoid all of the fear that
647
00:42:49,860 --> 00:42:56,790
I could possibly be scamming you. I've done this, okay.
648
00:42:58,380 --> 00:43:04,500
Every single day, every single day, I could sit down here
649
00:43:04,740 --> 00:43:09,510
and put an example up every day. If I do that every single
650
00:43:09,510 --> 00:43:15,840
day, without fail, I'm going to eventually have a losing
651
00:43:15,840 --> 00:43:20,070
trade. I don't believe that day trading is every day
652
00:43:20,070 --> 00:43:22,710
trading. There are times when the market is really
653
00:43:23,040 --> 00:43:26,790
predisposed to go one direction. And it's so set up
654
00:43:26,790 --> 00:43:29,850
perfectly that I can see the setups my students can see the
655
00:43:29,850 --> 00:43:35,400
setups before they come to fruition. That's experience, but
656
00:43:35,400 --> 00:43:38,460
you need to see it over and over and over again. And what
657
00:43:38,460 --> 00:43:41,070
does it look like. Because if you can see what it looks
658
00:43:41,070 --> 00:43:45,510
like, then when you watch my examples, you can see what I
659
00:43:45,510 --> 00:43:49,260
see forming. And then when I engage, it makes more sense to
660
00:43:49,260 --> 00:43:53,010
you. And you don't need to see a live account, you don't see
661
00:43:53,040 --> 00:43:56,280
you don't need to see my hundred thousand dollar cars. You
662
00:43:56,280 --> 00:43:58,680
don't need to see that. You don't you don't need to see my
663
00:43:58,680 --> 00:44:02,670
$65,000 watches, you don't need to see that either. You
664
00:44:02,670 --> 00:44:04,860
don't need to see my closet full with clothes, I probably
665
00:44:04,860 --> 00:44:08,190
will never ever wear. You don't need to see all the shoes
666
00:44:08,190 --> 00:44:10,440
that I own because I'm probably never going to wear them
667
00:44:10,440 --> 00:44:14,880
either. That doesn't mean anything. If I believe that that
668
00:44:14,880 --> 00:44:17,280
mattered or had an influence over whether or not you're
669
00:44:17,280 --> 00:44:20,280
going to be successful. It would be in my YouTube videos.
670
00:44:21,630 --> 00:44:25,410
But it doesn't, it distracts because you have a lot of work
671
00:44:25,410 --> 00:44:29,850
here. You got to learn a lot. And most of it's about you
672
00:44:30,180 --> 00:44:32,760
figuring out what you're going to do to derail yourself. And
673
00:44:32,760 --> 00:44:37,200
if you can identify those things and hopefully make a
674
00:44:37,200 --> 00:44:40,980
replacement or completely remove that idea that would derail
675
00:44:40,980 --> 00:44:45,750
your success or at least prolong it, then you have a chance.
676
00:44:46,140 --> 00:44:49,560
It's not a guarantee, but you have a good chance of getting
677
00:44:49,560 --> 00:44:52,950
here. But most people fail at that stage because they don't
678
00:44:52,950 --> 00:44:57,270
like the pain of seeing that they're the problem. They're
679
00:44:57,270 --> 00:45:02,250
the reason why they lost their job. They're the reason why
680
00:45:02,460 --> 00:45:06,990
they can't find success in anything they do. And they're the
681
00:45:06,990 --> 00:45:09,750
ones that always complain chronically that, Oh, you got a
682
00:45:09,750 --> 00:45:12,810
bad rap, Oh, got a bad string of luck, I got a black cloud
683
00:45:12,810 --> 00:45:15,630
ride never taught me it's always them coming after me, I'm
684
00:45:15,630 --> 00:45:19,200
always a victim. If you think like that, I'm telling you,
685
00:45:19,200 --> 00:45:22,410
right, now, you're gonna fail, you're gonna fail at this
686
00:45:22,410 --> 00:45:27,720
because this is extremely hard. And what makes it hard is
687
00:45:27,720 --> 00:45:32,010
you have to compete with yourself initially. And eventually,
688
00:45:32,160 --> 00:45:35,040
when you identify the problems that you bring to the table,
689
00:45:35,490 --> 00:45:39,300
and you remove that or correct it, in your way of thinking.
690
00:45:41,909 --> 00:45:44,189
That's the natural order. That's the process that everyone
691
00:45:44,189 --> 00:45:50,159
goes through. But 90% of those people that fail. That's
692
00:45:50,159 --> 00:45:54,059
where they stop, because they don't like that discovery of
693
00:45:54,059 --> 00:45:58,679
who they really are. And I bring that to the forefront. And
694
00:45:58,709 --> 00:46:02,279
this YouTube video, will not this will maybe so much this
695
00:46:02,279 --> 00:46:05,009
one, yeah. But most of the other videos, I bring that to
696
00:46:05,009 --> 00:46:08,039
light, because that's what's missing in all of these
697
00:46:08,039 --> 00:46:11,609
educators. They don't have a way of communicating it,
698
00:46:11,609 --> 00:46:13,169
because they don't want you to get up and walk out of their
699
00:46:13,169 --> 00:46:15,749
seminars. They don't want you to turn off to me, I don't
700
00:46:15,749 --> 00:46:17,969
mind if you turn it, most of you probably have gotten sick
701
00:46:17,969 --> 00:46:19,889
and tired of me talking, you probably sped the video up and
702
00:46:19,889 --> 00:46:24,119
now scrub forward. But this is the stuff you need to hear.
703
00:46:25,709 --> 00:46:28,229
But nobody more than wants to hear that. Because they think,
704
00:46:28,409 --> 00:46:31,319
show me the pattern. And I'll be able to duplicate it and
705
00:46:31,319 --> 00:46:34,319
repeat it. Just like educators watch my videos. And they
706
00:46:34,319 --> 00:46:37,109
think I'll just say what he says change a little bit of this
707
00:46:37,109 --> 00:46:39,059
and change a little bit of that in the name. And then I'll
708
00:46:39,059 --> 00:46:42,209
be able to get credit for being a smart match in educator.
709
00:46:42,599 --> 00:46:48,749
And they'll think I'm making lots of money to know there's a
710
00:46:48,749 --> 00:46:53,249
litany test that everyone should go through, go to a public
711
00:46:53,279 --> 00:46:58,439
forum like this trading view, execute on it, not just one
712
00:46:58,439 --> 00:47:02,699
time, do weekly, everything every single week, do it for a
713
00:47:02,699 --> 00:47:09,449
couple months. And then maybe you should be listened to. But
714
00:47:09,449 --> 00:47:11,759
if you're talking about stuff to Africa trade here at the
715
00:47:11,759 --> 00:47:13,799
country, and you listen to them, they said, Yeah, I think I
716
00:47:13,799 --> 00:47:16,139
took a trip. It was somewhere in here. I know where I got in
717
00:47:16,139 --> 00:47:20,069
it. I know where I entered. I know where my partials are,
718
00:47:20,189 --> 00:47:23,939
I'm not going to forget about it. I'm not going to be unsure
719
00:47:23,939 --> 00:47:26,339
where the trade was right, this took. We're talking about
720
00:47:26,339 --> 00:47:29,729
the same day these people are making these videos. It's
721
00:47:29,729 --> 00:47:34,829
disgusting. It's disgusting to see that stuff. So that's
722
00:47:34,829 --> 00:47:37,109
this is the reason why I do I don't need to do this, folks.
723
00:47:37,289 --> 00:47:42,719
Listen, before I came back to YouTube this year. I'm making
724
00:47:42,719 --> 00:47:48,149
lots of money, just through mentorship. I never, ever, ever,
725
00:47:48,179 --> 00:47:53,039
ever, ever, ever, ever need to worry about placing a live
726
00:47:53,039 --> 00:47:57,269
trade ever again. That's how much money I've made in the
727
00:47:57,269 --> 00:47:59,939
mentorship. I'm not bragging, I'm just making you
728
00:47:59,939 --> 00:48:03,689
understand, where's the incentive for me to go and put money
729
00:48:03,689 --> 00:48:05,789
into a lab account and trade it? Where is the incentive for
730
00:48:05,789 --> 00:48:09,539
that? I don't need to do that. all it's doing is adding more
731
00:48:09,539 --> 00:48:14,609
money to me in taxes. Just it's it's stupid. At some point,
732
00:48:14,609 --> 00:48:22,169
it's dumb. So I still do this to prove I can within the
733
00:48:22,169 --> 00:48:25,949
realm of the legal limits that I'm under. I'm not certified
734
00:48:25,979 --> 00:48:30,929
to give trade advice. I am absolutely free to talk about
735
00:48:30,959 --> 00:48:34,889
price action in a demo account. That's completely spelled
736
00:48:34,889 --> 00:48:37,919
out in our agreement when you enroll, you know that I'm only
737
00:48:37,919 --> 00:48:39,989
going to talk about demo trading, you know, I'm only going
738
00:48:39,989 --> 00:48:42,779
to talk about hypothetical results, because that's what the
739
00:48:43,109 --> 00:48:46,379
requirement is for the laws. I have to state those things.
740
00:48:46,679 --> 00:48:51,929
I'm never being looked at as, look, he made $50,000 on that
741
00:48:51,929 --> 00:48:55,109
trade. And that was live funds. No one comes to me and sees
742
00:48:55,109 --> 00:48:58,109
that and says, Oh yeah, that's he has made live money with
743
00:48:58,109 --> 00:49:02,279
that. They understand why I'm doing what I'm doing. I'm
744
00:49:02,279 --> 00:49:10,439
showing that I can execute. I can push the button. Okay. But
745
00:49:10,439 --> 00:49:15,539
no one else is doing it. I have worn this crown of demo
746
00:49:15,539 --> 00:49:22,889
baller since the days on baby pips 2010. And it's not been a
747
00:49:22,889 --> 00:49:26,849
hindrance on thousands of people coming in and learning how
748
00:49:26,849 --> 00:49:30,569
to read price action, before it happens with a level of
749
00:49:30,569 --> 00:49:35,219
precision that's unrivaled. But there's going to be times I
750
00:49:35,939 --> 00:49:38,729
never thought I'd get to this point. There's gonna be times
751
00:49:38,729 --> 00:49:40,979
where if you were in front of the chart, you would have
752
00:49:40,979 --> 00:49:44,339
executed but you missed that moment you missed the entry up
753
00:49:44,339 --> 00:49:49,319
here. What can you do? Well, you can use limit order and
754
00:49:49,319 --> 00:49:54,539
wait for the market to drive back up into this swing. But
755
00:49:54,539 --> 00:50:00,749
then work inside of this range here. This downswing candle
756
00:50:01,889 --> 00:50:08,579
extended out in time, if it trades to and above it, about to
757
00:50:08,579 --> 00:50:11,759
what? Here's the body of that candle right here. What's the
758
00:50:11,759 --> 00:50:20,339
close on that candle? 117 37.4? What's the high on that
759
00:50:20,339 --> 00:50:28,679
candle? 117 37.4. That's perfection, folks. I'm not looking
760
00:50:28,679 --> 00:50:32,159
at this. Okay, I'm not looking at that level, saying, Oh,
761
00:50:32,159 --> 00:50:37,259
yeah, that's support, broken turn resistance, even though
762
00:50:37,290 --> 00:50:42,030
Yes, that's in effect, what's been going on here, what I'm
763
00:50:42,030 --> 00:50:44,070
looking at price, I'm looking at price going right back to
764
00:50:44,070 --> 00:50:45,780
the body of that candle right there, because that's a
765
00:50:45,780 --> 00:50:50,340
mitigation block. What's actually occurring there. If
766
00:50:50,340 --> 00:50:54,690
everyone that's trading the euro dollar here, the markets
767
00:50:54,690 --> 00:50:57,690
dropping down, you know, as well as I do, because I used to
768
00:50:57,690 --> 00:51:00,060
do this back when I was a commodity trader, back in the 90s.
769
00:51:00,630 --> 00:51:03,300
When the market started dropping, I would chase it and go
770
00:51:03,330 --> 00:51:06,240
short, then, because I didn't want to be left behind because
771
00:51:06,240 --> 00:51:10,560
if it moved, at least I was part of it. Well, that's what's
772
00:51:10,560 --> 00:51:14,340
occurring here. traders have seen this big move and drop.
773
00:51:14,340 --> 00:51:19,080
And now here, they're going short. So who's taking the other
774
00:51:19,080 --> 00:51:25,410
side of that trade? A bank, it's not always another trader,
775
00:51:25,620 --> 00:51:29,070
a bank is offering that liquidity. So if the retail traders
776
00:51:29,070 --> 00:51:32,190
selling short, they're selling to have the other side of
777
00:51:32,190 --> 00:51:35,610
that trade, filled as a Counterparty, it needs to be someone
778
00:51:35,610 --> 00:51:39,420
that wants to buy. So they're buying, the bank is buying
779
00:51:39,420 --> 00:51:43,800
here to facilitate and provide the liquidity to the traders
780
00:51:43,800 --> 00:51:45,720
that are chasing this going lower, and they're selling
781
00:51:45,720 --> 00:51:50,880
short. So this last candle here sets the stage for a turning
782
00:51:50,880 --> 00:51:54,180
point that we can see here now, while the markets rallying
783
00:51:54,210 --> 00:52:01,080
up, this delivery of price is also being met with what
784
00:52:02,850 --> 00:52:07,290
Counterparty delivery on the bank level, those same traders
785
00:52:07,290 --> 00:52:10,350
that are buying thinking it's going to go up from here, the
786
00:52:10,350 --> 00:52:15,150
bank has to do what it's not always another trader, the bank
787
00:52:15,150 --> 00:52:18,360
has to provide the liquidity there. So the markets going up,
788
00:52:18,390 --> 00:52:24,780
up, and they're selling liquidity to the buyers here. This
789
00:52:24,780 --> 00:52:30,510
whole time, this area here, the orders that they used to be
790
00:52:30,510 --> 00:52:35,580
counterparties to the Long's here. They're okay with that.
791
00:52:36,150 --> 00:52:39,120
Because they're selling that liquidity to them. So if the
792
00:52:39,120 --> 00:52:42,540
market does break this low, but it's okay, they're fine. But
793
00:52:42,540 --> 00:52:47,340
what about the orders that were in here, they were buying to
794
00:52:47,340 --> 00:52:52,680
the sellers. When the markets going up, they're making a
795
00:52:52,680 --> 00:52:56,160
profit, but they may not have gotten an opportunity in terms
796
00:52:56,160 --> 00:53:00,780
of time to get all of it off at this point here, or during
797
00:53:00,780 --> 00:53:05,580
this rally up. So they're holding Long's that they offered
798
00:53:05,610 --> 00:53:09,630
in all of this delivery here. When the market breaks this
799
00:53:09,630 --> 00:53:15,420
low here, it stays below it allowing bank traders to get out
800
00:53:15,450 --> 00:53:19,380
of their Long's that they use for liquidity purposes. That
801
00:53:19,380 --> 00:53:24,420
is what a mitigation block is. Now, that's not me teaching
802
00:53:24,420 --> 00:53:27,480
mentorship, that's just giving you a public level
803
00:53:27,480 --> 00:53:32,070
description of it, pulling it out and showing you and then
804
00:53:32,100 --> 00:53:35,160
working with examples and then building other things around
805
00:53:35,160 --> 00:53:39,720
this particular candle. That's mentorship. Okay, so I had
806
00:53:39,720 --> 00:53:44,400
two people. Email me about the most recent video I did,
807
00:53:44,460 --> 00:53:46,470
where it was an advanced lesson, I said that was something
808
00:53:46,470 --> 00:53:48,780
that a charter member would see. They were concerned,
809
00:53:48,990 --> 00:53:51,180
they're not charter members, but they're like, like one pane
810
00:53:51,180 --> 00:53:53,610
for this. And you're teaching everything on YouTube. No, no,
811
00:53:53,850 --> 00:54:00,270
I'm demonstrating. That's it. Teaching is much more broad,
812
00:54:00,660 --> 00:54:05,580
and deeper in the scope of what it is that's going on. And
813
00:54:05,580 --> 00:54:07,920
just because I've outlined what a mitigation bucket is here,
814
00:54:08,310 --> 00:54:10,290
it doesn't necessarily mean that people watching this video
815
00:54:10,290 --> 00:54:12,750
are gonna be able to go to tomorrow's price action, and use
816
00:54:12,750 --> 00:54:15,840
that information. Because there's other logic behind all
817
00:54:15,840 --> 00:54:18,840
this, that has to be considered as well. And again, that's
818
00:54:18,840 --> 00:54:22,590
what mentorship is, it's not I have all the videos and I
819
00:54:22,590 --> 00:54:26,160
know his mentorship now you don't have videos that just
820
00:54:26,160 --> 00:54:29,910
introduce something I have not yet exhausted anything. But I
821
00:54:29,910 --> 00:54:32,790
want you understand what I am looking at here when you watch
822
00:54:32,790 --> 00:54:37,170
me put the trade on, because I do have a recording. And you
823
00:54:37,170 --> 00:54:40,440
can see me entering here, not on the basis of a market
824
00:54:40,440 --> 00:54:44,790
order. It's a limit order. I'm waiting for it to come up
825
00:54:44,820 --> 00:54:52,590
into it. And fill my fill is 117 36. Now why is it 117 36
826
00:54:52,590 --> 00:54:59,160
and not exactly at 117 37. And for pets like the low here or
827
00:54:59,280 --> 00:55:04,140
I'm sorry. Close here 117 37. And for pets, why didn't have
828
00:55:04,140 --> 00:55:07,560
my limit order right there, because it might not have hit
829
00:55:07,560 --> 00:55:13,380
that one pet. So I dropped down one full PIP to allow for as
830
00:55:13,380 --> 00:55:18,210
much as I possibly can expect to get to and then watch it
831
00:55:18,210 --> 00:55:20,910
trade lower. Now here's the thing that you need to think
832
00:55:20,910 --> 00:55:26,310
about. You see me adjust my stop and bring it down. Now
833
00:55:26,340 --> 00:55:28,890
everyone's familiar with this little area now because of me
834
00:55:28,890 --> 00:55:31,260
talking about and even Chris, Lori's talked about it, too.
835
00:55:31,590 --> 00:55:34,200
And they'll say, Oh, that's a liquidity void. And price
836
00:55:34,200 --> 00:55:36,300
needs to come back up and fill that no, it does not.
837
00:55:37,560 --> 00:55:40,440
It does not need to do that. That's what mentorship teaches.
838
00:55:40,650 --> 00:55:44,700
A mentor that understands the delivery of price knows when
839
00:55:44,700 --> 00:55:48,090
these things are expected to be filled, and when they're not
840
00:55:48,120 --> 00:55:52,560
expected to be filled. That's what separates me from that of
841
00:55:52,560 --> 00:55:56,040
Chris Laurie. That's not a knock against him. I firmly
842
00:55:56,040 --> 00:55:59,880
believe that if you went to him, you would learn how to
843
00:55:59,880 --> 00:56:03,960
trade price action, I believe that he does a adequate job of
844
00:56:03,960 --> 00:56:08,730
doing that. But that's not all there is. Okay. So I want you
845
00:56:08,730 --> 00:56:11,040
to understand that. And he's the only other person in this
846
00:56:11,040 --> 00:56:13,200
industry that I point to and say, if you don't want to learn
847
00:56:13,200 --> 00:56:16,410
from me, fine. That's not a problem. Check out Chris Laurie,
848
00:56:16,530 --> 00:56:20,940
and he does not pay me. He doesn't. There's no connection,
849
00:56:20,940 --> 00:56:24,210
there's no, there's no business arrangement. Okay, I just
850
00:56:24,210 --> 00:56:29,460
believe the man is worth listening to. Simple, okay. So if
851
00:56:29,460 --> 00:56:32,850
you don't like me, or like my trading, teaching style, then
852
00:56:32,880 --> 00:56:41,610
go to him. He's nowhere near as aggressive as I can be
853
00:56:41,610 --> 00:56:47,550
sometimes. But as the market trades above this low and into
854
00:56:47,550 --> 00:56:51,660
the close to that candle, I'm anticipating that being the
855
00:56:51,660 --> 00:56:55,440
turning point, not because this was support broken turn
856
00:56:55,440 --> 00:57:00,120
resistance, all the logic that has outlined right now, that
857
00:57:00,150 --> 00:57:03,030
is the real reason why this level should even act as
858
00:57:03,030 --> 00:57:08,070
resistance at all. Now, you don't find that level of
859
00:57:08,160 --> 00:57:11,460
description and outline about support and resistance in
860
00:57:11,460 --> 00:57:16,740
books because they don't know it. It's just find a low, find
861
00:57:16,740 --> 00:57:21,120
a high and let's hope it works. I don't look at turning
862
00:57:21,120 --> 00:57:24,300
points in the charts and say, I hope this turns here.
863
00:57:25,230 --> 00:57:28,470
There's a lot of evidence behind why I'm picking a
864
00:57:28,470 --> 00:57:31,710
particular level, like my order blocks. Everybody's out here
865
00:57:31,710 --> 00:57:35,820
making order block videos. And I'm getting videos link sent
866
00:57:35,820 --> 00:57:38,730
to me, this guy's teaching order blocks, and I watched a
867
00:57:38,730 --> 00:57:42,900
video that's not teaching order blocks. Come on now that he
868
00:57:42,900 --> 00:57:46,380
might call it an order block, okay, or they call it a an
869
00:57:46,380 --> 00:57:50,370
institutional candle. But it's not even right. It's not
870
00:57:50,370 --> 00:57:53,130
right. They'll talk about where you can see it on the left
871
00:57:53,130 --> 00:57:55,590
side of the chart, but they can't find the right ones on the
872
00:57:56,070 --> 00:58:00,480
hard right side edge of the chart. That's where I'm at.
873
00:58:01,290 --> 00:58:06,030
That's what makes me ICT. I'm different. Because of that. I
874
00:58:06,030 --> 00:58:08,340
can do that. I can execute it here and prove to you that I
875
00:58:08,340 --> 00:58:13,650
can see it before it happens. So if you miss the ideal move,
876
00:58:14,580 --> 00:58:18,810
so you thought I forgot where I was going. When you see
877
00:58:18,810 --> 00:58:23,280
these moves here and you miss them, don't freak out. Because
878
00:58:23,280 --> 00:58:27,900
the idea is, this is the low down here, that line that we
879
00:58:27,900 --> 00:58:31,890
outline from the daily chart. Okay, that's where the price
880
00:58:31,890 --> 00:58:36,510
is likely to draw down to. So if it goes down to this point
881
00:58:36,510 --> 00:58:41,490
here, isn't it reasonable to expect if you were going short
882
00:58:41,490 --> 00:58:45,120
and anywhere in here? And if it rode down to this level
883
00:58:45,120 --> 00:58:50,580
here? Isn't that a tradable range? and onwards, if you went
884
00:58:50,580 --> 00:58:53,760
short here, and you're trying to get out here, what makes
885
00:58:53,760 --> 00:58:59,820
that a poor choice for short? Nothing, nothing makes that a
886
00:58:59,820 --> 00:59:04,470
poor choice for short. Except for Well, I missed this move
887
00:59:04,470 --> 00:59:08,760
here and now I'm scared or ICT is made videos were talking
888
00:59:08,760 --> 00:59:11,130
about trading it down here short, that's chasing price. No,
889
00:59:11,130 --> 00:59:16,020
this is not chasing price. I'm waiting for price to come up
890
00:59:16,020 --> 00:59:21,300
to my order to my price. I sell short when price is going
891
00:59:21,360 --> 00:59:27,810
up. I buy when prices dropping. I have to do that. Because
892
00:59:27,810 --> 00:59:31,380
what I'm doing is I'm mimicking smart money. What is smart
893
00:59:31,380 --> 00:59:36,720
money? The bank traders know. Let me just clear the air
894
00:59:36,720 --> 00:59:41,970
there too. There are bank traders and Goldman Sachs, JP
895
00:59:41,970 --> 00:59:47,280
Morgan. Okay, they're their bank traders. They do not
896
00:59:47,280 --> 00:59:51,690
operate with what I teach, period. Now I've had people from
897
00:59:51,690 --> 00:59:56,160
those places come to me as students now. And they'll tell
898
00:59:56,160 --> 00:59:59,610
you if we were sitting in a room, that what you're learning
899
00:59:59,820 --> 01:00:04,830
is Not institutionally trained, when you go to those places,
900
01:00:05,610 --> 01:00:07,860
in fact, you can actually listen to these types of people on
901
01:00:07,860 --> 01:00:11,220
YouTube. And they'll say the things that occur in intraday
902
01:00:11,220 --> 01:00:14,490
charts is noise. It's nonsense. There's no way of measuring
903
01:00:14,490 --> 01:00:18,150
supply and demand. It's just a con man job. It's if anybody
904
01:00:18,150 --> 01:00:20,400
tells you that they can see that stuff run away from them.
905
01:00:21,060 --> 01:00:26,490
They're a con man. They're lying. I'm here every week,
906
01:00:27,090 --> 01:00:28,230
saying Look at this.
907
01:00:30,690 --> 01:00:34,920
Because they are not thinking with an algorithm, thought
908
01:00:34,920 --> 01:00:39,090
process. They're thinking in terms of valuation, and supply
909
01:00:39,090 --> 01:00:41,610
and demand, which neither of those two things are even
910
01:00:41,610 --> 01:00:47,340
factored into how the algorithm works. What did you just
911
01:00:47,340 --> 01:00:55,020
say? Yeah, reminded. I proved this stuff every single week.
912
01:00:55,950 --> 01:01:01,260
It's not moving because of buying and selling pressure. It's
913
01:01:01,260 --> 01:01:05,430
not. It's controlled, it's manipulated. When I say smart
914
01:01:05,430 --> 01:01:10,320
money, I'm saying that the traders, above the bank level
915
01:01:10,320 --> 01:01:14,100
traders, the interbank traders, the people that are working
916
01:01:14,100 --> 01:01:18,360
with this information that I'm making public. That's why I
917
01:01:18,360 --> 01:01:22,800
say I hear ridicule everyone that says, Yeah, I'm from prop
918
01:01:22,800 --> 01:01:27,930
shop this, I'm a former Goldman Sachs this, I'm a former JP
919
01:01:27,930 --> 01:01:35,580
Morgan that, okay? Keep up with me. Trust me, these people,
920
01:01:35,700 --> 01:01:39,300
when they communicate with me, they're saying, This is
921
01:01:39,330 --> 01:01:42,750
unbelievable. Like what you're talking about, and proving
922
01:01:42,750 --> 01:01:45,990
and showing and pointing to before it happens. No one's
923
01:01:45,990 --> 01:01:53,850
doing that. And I know, this guy ICT does. So all you have
924
01:01:53,850 --> 01:01:56,400
to do is investigate it, check it out and see for yourself,
925
01:01:56,490 --> 01:02:02,040
test it. But how do you use limit orders to get in here and
926
01:02:02,040 --> 01:02:07,320
not just simply chase it going short. Anywhere from the
927
01:02:07,320 --> 01:02:10,020
close of this candle down to the low if you put a sell limit
928
01:02:10,020 --> 01:02:16,890
order in there, okay? And your stop has to be above this
929
01:02:16,890 --> 01:02:20,790
area here. Because it could go into this little bit like it
930
01:02:20,790 --> 01:02:22,770
did here. It could have went a little bit deeper into this
931
01:02:22,770 --> 01:02:26,610
candle here. If my stock was really ultra tight, like you
932
01:02:26,610 --> 01:02:29,010
see some people on Instagram saying, Yeah, I use a three PIP
933
01:02:29,010 --> 01:02:32,670
stop losses. No, you don't. And I got a million dollars of
934
01:02:32,670 --> 01:02:35,610
real currency says you don't. Because you're putting a three
935
01:02:35,610 --> 01:02:39,630
PIP stop loss in your trades. The banks are not the bank,
936
01:02:39,630 --> 01:02:41,850
but the broker can open the spread up on that and get you.
937
01:02:42,810 --> 01:02:46,680
And that's reasonable. And ain't nothing you can do about
938
01:02:46,680 --> 01:02:50,910
it. When you sign up, you're giving them permission, that
939
01:02:50,910 --> 01:02:54,150
you understand that when it's advantageous for them. They're
940
01:02:54,150 --> 01:02:55,920
not saying it like this, but that's what the wording is.
941
01:02:56,070 --> 01:02:58,740
Take it to a lawyer if you think I'm lying. But when it's
942
01:02:58,740 --> 01:03:02,310
advantageous for them to do so they can open the spreads up
943
01:03:03,090 --> 01:03:06,540
and take your three PIP stop loss. So don't believe these
944
01:03:06,540 --> 01:03:09,270
people are on trading with three PIP stop losses. No, you're
945
01:03:09,270 --> 01:03:16,260
not. You're not 10 pips is about as low as I go. And most
946
01:03:16,260 --> 01:03:19,710
most of the time, it's a 15 PIP stop loss. To be fair, it's
947
01:03:19,740 --> 01:03:22,890
I'm fluffing it up a little bit with five pips, in addition
948
01:03:22,890 --> 01:03:28,380
to what I think may not move 10 pips, I'm still going to use
949
01:03:28,380 --> 01:03:32,160
a 15 Pip. Because I know that the likelihood of me getting
950
01:03:32,160 --> 01:03:35,700
stopped out is still there, because of the broker to broker
951
01:03:35,700 --> 01:03:39,780
still is a entity that looks to make money. And if it's not
952
01:03:39,780 --> 01:03:43,980
always them, trying to get you out of the order for the sake
953
01:03:43,980 --> 01:03:47,970
of you losing money, but that's how they get Commission, the
954
01:03:47,970 --> 01:03:51,780
turnover. Okay, so if they push you out of the trade,
955
01:03:52,500 --> 01:03:54,900
they're not always on the other side of your trade taking
956
01:03:54,900 --> 01:03:57,870
that as a profit. It's always constantly be referred to Oh,
957
01:03:57,870 --> 01:04:00,060
you didn't brokers getting me he's taking my money. He's
958
01:04:00,060 --> 01:04:04,740
taking the transaction costs of you moving out of the
959
01:04:04,740 --> 01:04:08,670
marketplace with your stop loss. Okay. So that's the
960
01:04:08,670 --> 01:04:11,910
mechanism that's we're at work. So it's not that the brokers
961
01:04:11,910 --> 01:04:15,780
are villains. They're not there. They're required. They're
962
01:04:15,780 --> 01:04:20,520
middlemen. So we should not be vilifying brokers in the
963
01:04:20,520 --> 01:04:24,090
basis of how they were operating when foreign exchange
964
01:04:24,090 --> 01:04:27,900
became open to the public years ago, okay, almost 20 years
965
01:04:27,900 --> 01:04:31,170
ago. So because that was a wild wild west scenario back
966
01:04:31,170 --> 01:04:33,750
then. And it was really terrible, the fraud that was going
967
01:04:33,750 --> 01:04:38,580
on, opening up 2030 pips. It was some wild stuff going on,
968
01:04:38,880 --> 01:04:42,810
but we don't have that anymore. Okay. But before I get into
969
01:04:42,810 --> 01:04:45,630
the limit, where I want to say this and I have answered it.
970
01:04:48,360 --> 01:04:53,070
The idea of Mt. Four, okay, if you're going to be a teacher,
971
01:04:53,580 --> 01:04:57,450
you should prove yourself effective in seeing price action
972
01:04:57,450 --> 01:05:01,890
moves and executing an engaging price. Outside of Mt four
973
01:05:01,920 --> 01:05:09,150
only because it's been made apparent last year. Okay,
974
01:05:09,150 --> 01:05:11,010
everyone kind of figured it was going on, but no one really
975
01:05:11,010 --> 01:05:14,250
solid. In Ephraim. For me, I didn't see it until Adam Webb
976
01:05:14,250 --> 01:05:18,480
did it. That idea of
977
01:05:20,280 --> 01:05:24,180
it could be going on when you want to remove that from your
978
01:05:24,180 --> 01:05:27,540
viewership. Like, I don't want my viewership to ever doubt
979
01:05:27,720 --> 01:05:30,570
that I can do this. Because if you doubt that you're not
980
01:05:30,570 --> 01:05:33,690
going to really focus on the lessons, like this video here,
981
01:05:33,780 --> 01:05:35,910
there's a lot of good information in this video right now.
982
01:05:36,750 --> 01:05:39,150
But if you're hung up on this guy's a fraud, this guy's a
983
01:05:39,150 --> 01:05:42,210
fraud, this guy's a fraud, this guy's a fraud, then you're
984
01:05:42,210 --> 01:05:47,130
missing all the point. But if you are teaching, or you're
985
01:05:47,130 --> 01:05:50,010
selling a mentorship, or you're teaching a course, and
986
01:05:50,010 --> 01:05:53,370
you're trying to collect money for that, you're obligated
987
01:05:53,370 --> 01:05:59,730
now to show executions on a non empty four platform. And
988
01:05:59,730 --> 01:06:05,940
here's where I'm dividing the group once we state that you
989
01:06:05,940 --> 01:06:09,660
don't necessarily have to do it with a Live account, not to
990
01:06:09,660 --> 01:06:12,060
satisfy me, because if you could do it on tradingview, a
991
01:06:12,060 --> 01:06:15,990
couple weeks in a row, that would satisfy that you to me
992
01:06:15,990 --> 01:06:19,890
that at least you can engage and manage a trade, use a stop
993
01:06:19,890 --> 01:06:22,440
at the beginning and manage it appropriately, and get to a
994
01:06:22,440 --> 01:06:26,370
target and pay yourself thing great. I wouldn't have a
995
01:06:26,370 --> 01:06:28,170
problem with somebody like I would love to watch that. I
996
01:06:28,170 --> 01:06:31,110
love watching that no matter who it is trading. I don't want
997
01:06:31,110 --> 01:06:33,240
to see people fail, but when they do it right. I love that.
998
01:06:33,420 --> 01:06:35,550
It's inspirational to me and I still get inspired by the
999
01:06:35,550 --> 01:06:39,030
people when they really do a good job of trading. But I'm
1000
01:06:39,030 --> 01:06:41,580
only seeing it after it happens. I would love to see people
1001
01:06:41,580 --> 01:06:44,760
watching you know them do it, like I do on this YouTube
1002
01:06:44,760 --> 01:06:50,490
channel. But does that same stigmatism about mt four apply
1003
01:06:50,490 --> 01:06:56,190
to you as a developing student? No. Now here's the great
1004
01:06:56,190 --> 01:06:59,730
divide. Okay, because right now, there's a young lady, I'm
1005
01:06:59,760 --> 01:07:02,160
assuming she's young, because she said she was young. But
1006
01:07:02,160 --> 01:07:04,530
the information on the internet says she's just six years
1007
01:07:04,530 --> 01:07:07,770
younger than me. And that's none of my business. But I just
1008
01:07:07,770 --> 01:07:11,700
find it interesting. But nonetheless, she makes a case
1009
01:07:11,700 --> 01:07:15,510
against all these traders that are teaching. And I say
1010
01:07:15,510 --> 01:07:18,210
traders loosely because I don't know if they really trade.
1011
01:07:19,020 --> 01:07:22,290
But if you sell education, and I have now just been recently
1012
01:07:22,290 --> 01:07:26,610
lumped into this, I, I've been proving myself outside of an
1013
01:07:26,610 --> 01:07:31,980
MT four platform for a long time. And I have no problem
1014
01:07:31,980 --> 01:07:34,650
continue. I'm not going away. I don't shy away from that
1015
01:07:34,650 --> 01:07:36,510
kind of stuff. And I'm certainly not going to be exposed to
1016
01:07:36,510 --> 01:07:39,360
the point where I'm ashamed, I'm going to go because I'm
1017
01:07:39,600 --> 01:07:42,780
honest, I tell everybody what's up, and how I'm operating
1018
01:07:42,780 --> 01:07:46,590
and what they're going to be expected to get from me. But
1019
01:07:46,950 --> 01:07:51,240
the great divide, okay, when you listen to people that are
1020
01:07:51,240 --> 01:07:56,520
trying to expose other people, which I think is really not a
1021
01:07:56,520 --> 01:07:58,950
problem, because if there's someone scamming, they should be
1022
01:07:58,950 --> 01:08:01,680
exposed, they should be warning the public that you be
1023
01:08:01,680 --> 01:08:04,650
careful with this person, okay? Because then they are a
1024
01:08:04,650 --> 01:08:07,830
known scammer, or they frauded this person or that person,
1025
01:08:08,340 --> 01:08:10,890
not just take the word on it, but investigate. That's why I
1026
01:08:10,890 --> 01:08:14,130
said, Let me look into what I'm teaching you here. Okay. I
1027
01:08:14,130 --> 01:08:17,880
don't dangle cash in front of you. I don't try to do that.
1028
01:08:18,240 --> 01:08:23,070
So if someone says Mt. Four is a scam, and I believe it is a
1029
01:08:23,070 --> 01:08:27,120
scam, when it's used by educators, because they're only
1030
01:08:27,120 --> 01:08:31,380
showing you the post trade results, then there was no logic
1031
01:08:31,380 --> 01:08:34,620
behind the trade. You don't see anything saying, you know,
1032
01:08:34,620 --> 01:08:39,510
or showing clearly that they entered the trade. Not an entry
1033
01:08:39,540 --> 01:08:42,960
that was made off the chart, where you see the order go in,
1034
01:08:42,990 --> 01:08:45,750
you see the stock go in, and the targets there and they
1035
01:08:45,750 --> 01:08:50,670
manage that that is not empty for manipulation. Okay? Not if
1036
01:08:50,670 --> 01:08:53,130
the orders are placed before the moves happen, and then it
1037
01:08:53,130 --> 01:08:56,820
goes through and pans out. That's not empty for
1038
01:08:56,820 --> 01:09:00,870
manipulation. I did those types of examples. But because a
1039
01:09:00,870 --> 01:09:03,870
lot of people come into this industry, and Now many of you
1040
01:09:03,900 --> 01:09:08,790
are coming in, and you're really greenhorns, that means
1041
01:09:08,790 --> 01:09:12,870
you're new, like you're really really new. You can easily
1042
01:09:12,870 --> 01:09:15,480
say okay, because he's using mt four in the past, he's a
1043
01:09:15,480 --> 01:09:20,550
scammer, because I have seen this happen. To avoid the
1044
01:09:20,550 --> 01:09:25,650
confusion, I want you to understand why Mt. Four is not a
1045
01:09:25,650 --> 01:09:29,970
complete scam. Okay? And I want you to understand and listen
1046
01:09:29,970 --> 01:09:32,490
to this because because this is the real balanced view of
1047
01:09:32,490 --> 01:09:35,760
it. And it's not my interpretation or it's just the facts.
1048
01:09:37,440 --> 01:09:40,710
If you look at other quote unquote, institutional brokerage
1049
01:09:40,710 --> 01:09:52,350
firms, like TD Waterhouse or E trade, or tastytrade, or
1050
01:09:52,800 --> 01:09:54,270
anybody else out there,
1051
01:09:54,900 --> 01:10:01,230
they all have a very uniform in you know, low hanging
1052
01:10:01,980 --> 01:10:04,590
threshold that you have to meet in terms of opening an
1053
01:10:04,590 --> 01:10:08,190
account. And honestly, most people, when they get involved
1054
01:10:08,190 --> 01:10:11,790
in forex, they don't have a lot of money. They don't have
1055
01:10:11,790 --> 01:10:17,280
it. So those brokerage firms are not approachable for 90% of
1056
01:10:17,280 --> 01:10:21,120
people that are dabbling. Okay are interested initially in
1057
01:10:21,120 --> 01:10:26,340
forex, so why I never go out and say, go to Atlanta, go to
1058
01:10:26,340 --> 01:10:30,780
forex.com go to Joe Schmo his brokerage firm. Okay. I do say
1059
01:10:30,780 --> 01:10:35,640
this, use a regulated broker in the US who are regulated
1060
01:10:35,640 --> 01:10:38,340
brokers. Well, I just mentioned two of them forex.com
1061
01:10:38,790 --> 01:10:43,680
alanda. Okay, those two brokerage firms I have opened up
1062
01:10:43,680 --> 01:10:48,240
accounts with in the past, I have had those accounts closed,
1063
01:10:48,270 --> 01:10:51,360
because they discovered I was allowing my son's to trade
1064
01:10:51,360 --> 01:10:57,510
them. I wanted them to test the series. And they were the
1065
01:10:57,510 --> 01:11:01,230
ones operating. And I made a mistake of saying I did that on
1066
01:11:01,230 --> 01:11:03,570
the phone with one of the guys when I had an issue with the
1067
01:11:03,570 --> 01:11:06,270
account. And he says so you're not trading the account? I
1068
01:11:06,270 --> 01:11:09,150
said, No, it's just my 16 year old right away. They said,
1069
01:11:09,150 --> 01:11:12,750
okay, they ended the phone call. And that was it. The
1070
01:11:12,840 --> 01:11:15,630
account was closed, and it was done. And they sent me the
1071
01:11:15,630 --> 01:11:20,880
balance in a check. Because of regulation. Only the trader
1072
01:11:20,940 --> 01:11:23,340
that opens the account up is allowed legally to trade that
1073
01:11:23,340 --> 01:11:26,550
account. But as a dad, you know, I was thinking well, it's
1074
01:11:26,550 --> 01:11:33,060
my money if they lose it, who cares? So if you are looking
1075
01:11:33,060 --> 01:11:36,720
at Mt for now, because of all the stigmatism this place
1076
01:11:36,720 --> 01:11:41,100
around it, there is absolutely no reason for you to think
1077
01:11:41,100 --> 01:11:47,370
that forex.com or Oh anda are our bad guys. Okay, I have no
1078
01:11:47,370 --> 01:11:50,640
affiliation to forex.com I have no affiliation to Oh, and
1079
01:11:50,850 --> 01:11:53,520
I'm not an introducing broker, I get nothing for saying
1080
01:11:53,520 --> 01:11:56,940
these things. But what I'm telling you is I'm giving you the
1081
01:11:56,940 --> 01:12:00,390
antithesis to what everything is being promoted right now.
1082
01:12:00,450 --> 01:12:04,380
Everything empty for is a scam. Now it's not okay. You may
1083
01:12:04,380 --> 01:12:11,250
only have 100 bucks, or 200 bucks or whatever, okay? Some of
1084
01:12:11,250 --> 01:12:14,100
these brokerage firms will allow you to open up with
1085
01:12:14,370 --> 01:12:19,890
considerably less money than an E trade account, a TD
1086
01:12:19,890 --> 01:12:23,370
Waterhouse or I don't even I'm, I don't use them on this
1087
01:12:23,580 --> 01:12:26,220
cotton kind of using the names that's being thrown around
1088
01:12:26,220 --> 01:12:30,450
right now. Okay. Interactive brokers, for instance, like you
1089
01:12:30,450 --> 01:12:33,000
can't go to interactive brokers and say, Yeah, I got $500
1090
01:12:33,000 --> 01:12:35,640
can open up an account to trade forex, they're gonna say no,
1091
01:12:35,820 --> 01:12:39,870
they ain't got time for that. Okay. So you have this great
1092
01:12:39,870 --> 01:12:44,940
chasm of the divide between those types of brokerage firms,
1093
01:12:44,940 --> 01:12:47,460
which are absolutely reputable. There's nothing wrong with
1094
01:12:47,460 --> 01:12:51,030
them either. It's just they have a higher threshold of entry
1095
01:12:51,210 --> 01:12:58,530
that you have to meet as a trader. Okay, so if you're
1096
01:12:58,530 --> 01:13:02,370
learning how to trade forex, and you're thinking that the
1097
01:13:02,370 --> 01:13:04,620
only way to do this properly and not get scammed, is you
1098
01:13:04,620 --> 01:13:07,140
have to go to these high end brokerage firms. That's not
1099
01:13:07,140 --> 01:13:12,450
true, you should be open to the idea of using a forex.com or
1100
01:13:12,450 --> 01:13:16,920
a Oh anda account, where they have a lower entry threshold
1101
01:13:16,920 --> 01:13:18,840
in terms of how much money is required to open up your
1102
01:13:18,840 --> 01:13:23,580
account. Those brokerage firms are more appropriate for 90%
1103
01:13:23,580 --> 01:13:27,480
of the Forex community that just gets involved. Okay, so
1104
01:13:27,720 --> 01:13:31,680
hopefully that has answered a lot of confusion about this
1105
01:13:32,010 --> 01:13:36,120
mess that's been stirred up by a young lady in Florida. Mt.
1106
01:13:36,120 --> 01:13:39,780
Four is not a scam when you're the one placing your money in
1107
01:13:39,810 --> 01:13:42,300
a regulated broker here in the States because guess what,
1108
01:13:42,300 --> 01:13:44,820
ma'am? There are regulated brokers here that still operate
1109
01:13:44,820 --> 01:13:51,300
on Mt for forex, calm and Atlanta. But as an educator, I'm
1110
01:13:51,300 --> 01:13:55,980
in agreement with her that, yes, educators should be showing
1111
01:13:55,980 --> 01:13:59,580
executions and pushing the button. Like you see me down here
1112
01:13:59,700 --> 01:14:04,590
on trading view, which is a non empty for platform. And I
1113
01:14:04,590 --> 01:14:08,430
would love to find someone that can gain this because I
1114
01:14:08,430 --> 01:14:10,830
would be interested see how they're doing it. If they did,
1115
01:14:10,860 --> 01:14:13,980
I'd have to come off of this and do something else entirely.
1116
01:14:14,310 --> 01:14:17,520
But the point is this. There's always going to be people out
1117
01:14:17,520 --> 01:14:19,140
here that's going to doubt there's always gonna be people
1118
01:14:19,140 --> 01:14:21,630
had to have naysayers, attitudes, there's going to be toxic
1119
01:14:21,690 --> 01:14:25,830
especially now in today's society. There's this monstrous
1120
01:14:26,010 --> 01:14:32,130
this gross feeling of entitlement. You need to show me you
1121
01:14:32,130 --> 01:14:34,860
need to show me only people that need to show are people
1122
01:14:34,860 --> 01:14:38,250
that are educating and collecting money and I do what I
1123
01:14:38,250 --> 01:14:42,720
believe is absolutely reasonable. I'm here on tradingview I
1124
01:14:42,720 --> 01:14:45,570
show you the executions I show you the watch and now I've
1125
01:14:45,570 --> 01:14:47,700
even outlined what I was using
1126
01:14:47,940 --> 01:14:51,090
before the fact Okay, why the limit order was placed there
1127
01:14:51,090 --> 01:14:54,090
why I had my stop there. Okay, why I was looking for to go
1128
01:14:54,090 --> 01:14:57,480
down to this level to here I outlined for you here. Okay.
1129
01:14:58,620 --> 01:15:04,170
But It's all together something different when you watch me
1130
01:15:04,920 --> 01:15:09,390
put the order in. And you see the alerts over here showing
1131
01:15:09,390 --> 01:15:12,390
that it's absolutely going into this platform you see it,
1132
01:15:12,900 --> 01:15:18,900
it's not a going into a empty for backroom manager program
1133
01:15:18,900 --> 01:15:23,670
where you can go in and enter, that you entered this many
1134
01:15:24,450 --> 01:15:28,140
lot sizes at that particular time of the day in that
1135
01:15:28,140 --> 01:15:30,930
particular currency with a particular stop loss. And then
1136
01:15:30,990 --> 01:15:34,140
all of a sudden, you look like you did that trade. I don't
1137
01:15:34,140 --> 01:15:38,190
stand on that kind of fraud. I don't do anything like that.
1138
01:15:38,940 --> 01:15:42,150
Any example I ever show is public, it's on this YouTube
1139
01:15:42,150 --> 01:15:45,450
channel. And it's done in a way where you see me enter, you
1140
01:15:45,450 --> 01:15:49,890
don't see me already in a trade. That is fraud. That is
1141
01:15:49,890 --> 01:15:52,890
apps, when you see that you should right away, turn the
1142
01:15:52,890 --> 01:15:55,710
video off, or at least give that person the opportunity to
1143
01:15:55,710 --> 01:15:59,520
show them entering the trade. Maybe it didn't make its way
1144
01:15:59,520 --> 01:16:02,250
into TV, and maybe, you know, anything that happened in
1145
01:16:02,250 --> 01:16:05,250
editing. Okay, I'm not saying all editing is bad. Sometimes
1146
01:16:05,250 --> 01:16:08,610
I've made videos where I wanted something that was annotated
1147
01:16:08,610 --> 01:16:12,720
on my chart, it just wasn't in the capture of the recording.
1148
01:16:13,650 --> 01:16:17,130
Because there's another timeframe. So things happen. And I'm
1149
01:16:17,130 --> 01:16:20,250
just like, I made a mistake and calling it interactive
1150
01:16:20,250 --> 01:16:25,170
brokers, you know, we're all human. But if someone is real,
1151
01:16:25,560 --> 01:16:27,720
okay, if they're genuine, and they're sincere about what
1152
01:16:27,720 --> 01:16:32,490
they're doing, they give them the opportunity to make good
1153
01:16:32,490 --> 01:16:37,230
on it. Because if they're willing to do it, give them that,
1154
01:16:37,590 --> 01:16:40,890
give them that opportunity to show you what they're doing is
1155
01:16:40,890 --> 01:16:44,580
real. If it's real, you can do it on tradingview. In fact,
1156
01:16:44,580 --> 01:16:48,180
I'm, I'm looking at this platform every week as it goes by.
1157
01:16:48,450 --> 01:16:51,840
And I'm really impressed with the level of consideration
1158
01:16:51,840 --> 01:16:57,360
they've put into developing this. Like, it really is a good
1159
01:16:57,360 --> 01:17:01,560
platform to know how the link on a Live account. I haven't
1160
01:17:01,620 --> 01:17:05,670
haven't done that, obviously. But the tools that they make
1161
01:17:05,670 --> 01:17:10,980
available to you for free was, is great. But some of the
1162
01:17:10,980 --> 01:17:13,320
features they have dialed back because they want you to pay
1163
01:17:13,320 --> 01:17:16,800
for like I have a pro account, which isn't all that much
1164
01:17:16,800 --> 01:17:20,010
money, it was like less than $200 for the whole year. But
1165
01:17:20,010 --> 01:17:23,010
you can do other things that you can't do, and you don't
1166
01:17:23,010 --> 01:17:26,880
have any ads popping up, which is annoying. That's, that's
1167
01:17:26,880 --> 01:17:28,950
another thing I like looking at when you see these other
1168
01:17:28,950 --> 01:17:31,230
guys educating, they're making all this money, but they
1169
01:17:31,230 --> 01:17:34,350
don't even have a pro version. And they keep ads popping up
1170
01:17:34,350 --> 01:17:37,080
over here. It's just one of those pet peeves I have. But
1171
01:17:37,080 --> 01:17:41,220
nonetheless, hopefully, I've covered a lot of things in this
1172
01:17:41,220 --> 01:17:45,000
video. And maybe I've talked again too much. But I have
1173
01:17:45,000 --> 01:17:48,780
answered a lot of questions and addressed some concerns that
1174
01:17:48,780 --> 01:17:55,440
are noteworthy. Okay, they're noteworthy. And my question is
1175
01:17:55,440 --> 01:17:58,560
this, if you're on the fence about me, think about what it
1176
01:17:58,560 --> 01:18:01,770
is I'm showing you here. All right, think about that. Think
1177
01:18:01,770 --> 01:18:06,510
about the fact that I'm not just executing market orders.
1178
01:18:07,170 --> 01:18:10,320
I'm using now limit orders. Because I understand the
1179
01:18:10,320 --> 01:18:13,350
concepts. If I understand the concepts I should be able to
1180
01:18:13,980 --> 01:18:20,430
show them. And when I show them that in my mind should be at
1181
01:18:20,430 --> 01:18:25,740
least an encouragement to trust the process. Okay, I don't
1182
01:18:25,740 --> 01:18:29,100
want you to think about me saying, Oh, yeah, he made
1183
01:18:29,100 --> 01:18:33,540
$10,000. Or he made $300 here, or he made $600 here, okay,
1184
01:18:33,810 --> 01:18:37,560
take the money out of it. It's not all I'm doing is showing
1185
01:18:37,560 --> 01:18:42,300
you engagement, operating within a context in price action.
1186
01:18:42,780 --> 01:18:45,510
That is something that I know and my students know, that
1187
01:18:45,510 --> 01:18:50,760
repeats? Does it work flawlessly? No. If I sat down here and
1188
01:18:50,760 --> 01:18:54,270
did every single New York session every single day of the
1189
01:18:54,270 --> 01:19:00,120
week, invariably, I would have a losing trade. Period. But
1190
01:19:00,120 --> 01:19:03,240
here's the problem with that expectation. Number one, it's
1191
01:19:03,240 --> 01:19:06,720
not reasonable because I have a life, okay, I have a life or
1192
01:19:06,720 --> 01:19:10,170
things I'm doing. My kids are home, I have to be a dad, I
1193
01:19:10,170 --> 01:19:13,380
have to be a husband. You know, there's so many things going
1194
01:19:13,380 --> 01:19:15,600
on. And I have students always emailing me.
1195
01:19:16,080 --> 01:19:19,050
Like, I don't have time to be dancing for everyone out here.
1196
01:19:19,560 --> 01:19:24,810
But I am I'm under the assumption that new traders or new
1197
01:19:24,810 --> 01:19:29,790
viewers will come. And I want them to know that that type of
1198
01:19:29,790 --> 01:19:34,890
evidence, if you will, is here and it is in existence. And
1199
01:19:34,890 --> 01:19:38,370
contrary to what everyone else is doing on YouTube. They're
1200
01:19:38,370 --> 01:19:40,980
always talking about you took a trade, or they'll talk about
1201
01:19:40,980 --> 01:19:44,490
how the market operated. I'm showing you entries and
1202
01:19:44,490 --> 01:19:49,710
management. So I'm doing my best within the reason and scope
1203
01:19:49,740 --> 01:19:54,540
of my free time not being completely consumed. I'm providing
1204
01:19:54,570 --> 01:19:59,700
examples every single week. Okay. And for those that end up
1205
01:19:59,700 --> 01:20:02,070
joining mentorship and those that are in my mentorship, you
1206
01:20:02,070 --> 01:20:04,740
all know that we are looking at this side of the
1207
01:20:04,740 --> 01:20:07,350
marketplace, we're not looking to go long euro, we're
1208
01:20:07,350 --> 01:20:10,050
looking for that higher moving dollar. And it's going to be
1209
01:20:10,050 --> 01:20:13,140
a mirror image in foreign currencies. And that would be
1210
01:20:13,200 --> 01:20:17,520
lower prices in Europe. And we were looking for this level
1211
01:20:17,520 --> 01:20:20,460
to be traded to on your own. So it's not like, Oh, yeah,
1212
01:20:20,460 --> 01:20:23,670
he's got 15 different demo accounts. And he's just showing
1213
01:20:23,670 --> 01:20:26,670
the one that worked. Because that kind of stuff is debunked
1214
01:20:26,670 --> 01:20:29,340
once you are in the community. And you see, because if that
1215
01:20:29,340 --> 01:20:31,650
was true, there would be thousands of people coming out
1216
01:20:31,650 --> 01:20:35,100
saying, Oh, no, he's a liar. Because this is what he said,
1217
01:20:35,790 --> 01:20:40,380
okay? That's, that's, that's the real expos a of ICT, the
1218
01:20:40,380 --> 01:20:43,350
people that are sitting with me every single week, and since
1219
01:20:43,350 --> 01:20:48,810
2016, August 2016, thousands of people have come in to the
1220
01:20:48,810 --> 01:20:53,730
fold. And they literally see this happening every single
1221
01:20:53,730 --> 01:20:57,270
week, I'm not perfect. I'm not saying get here, buy here. So
1222
01:20:57,450 --> 01:20:59,790
I'm saying this is where the markets going to draw, watch
1223
01:20:59,790 --> 01:21:03,120
this area here, it might come back to this level here. And
1224
01:21:03,210 --> 01:21:06,930
you fill in the blanks with what you've learned up to the
1225
01:21:06,930 --> 01:21:10,920
level in the mentorship teachings. But the mentorship is me
1226
01:21:10,920 --> 01:21:14,490
sitting down and pointing to where it's going to go next.
1227
01:21:15,150 --> 01:21:18,390
And that framework, and then going back in and revealing it,
1228
01:21:18,420 --> 01:21:22,110
that's mentorship, okay, if I don't know what I'm doing, I'm
1229
01:21:22,110 --> 01:21:24,240
going to fail miserably. And you're not, you're not going to
1230
01:21:24,240 --> 01:21:27,000
see the market go to where I'm saying it's going to go. And
1231
01:21:27,000 --> 01:21:29,340
that's what I'm saying, when I say I'm in the 90% bracket of
1232
01:21:29,340 --> 01:21:32,850
being correct. We're using a daily chart, an hourly chart
1233
01:21:32,850 --> 01:21:36,120
and a 15 minute timeframe, I outline with that scope, I
1234
01:21:36,120 --> 01:21:38,640
don't go through a four hour chart, I don't go down to a
1235
01:21:38,640 --> 01:21:43,260
five minute chart that often I do it sometimes. But all of
1236
01:21:43,260 --> 01:21:48,060
those ideas are fleshed out conceptually. And then we watch
1237
01:21:48,060 --> 01:21:52,350
it panned out the lessons in the mentorship and even the
1238
01:21:52,350 --> 01:21:57,000
lessons in this YouTube channel, you can push them into that
1239
01:21:57,030 --> 01:22:00,570
expectation of where price is likely to go at specific times
1240
01:22:00,570 --> 01:22:04,080
of the day. And you'll see that they're there all the time,
1241
01:22:04,710 --> 01:22:09,660
all the time. There's a setup. In New York session, not
1242
01:22:09,660 --> 01:22:12,330
every single currency is gonna have a very clean setup, or
1243
01:22:12,330 --> 01:22:17,340
an obvious setup, but one of them in the majors will. So
1244
01:22:18,780 --> 01:22:22,770
let's take a look at the trade that I did, it will be
1245
01:22:23,220 --> 01:22:25,920
silent, that portion of the video will be saying I did
1246
01:22:25,920 --> 01:22:30,120
enough talking as you can clearly see, I probably tortured
1247
01:22:30,120 --> 01:22:34,560
many of you. But what I just gave you is an honest man's
1248
01:22:34,650 --> 01:22:40,440
point of view. And differentiation between the idea of
1249
01:22:40,440 --> 01:22:44,790
educators using mt four versus a student using mt four,
1250
01:22:45,000 --> 01:22:47,970
because you're not going to scam yourself. Because let's be
1251
01:22:47,970 --> 01:22:50,490
real about this. If you know you only have 200 hours to put
1252
01:22:50,490 --> 01:22:52,140
into an account, and that's what you want to work with to
1253
01:22:52,140 --> 01:22:55,470
start with. Okay, and you put it into a reputable broker
1254
01:22:55,470 --> 01:22:59,160
like forex.com or Oh anda. There's absolutely nothing
1255
01:22:59,160 --> 01:23:03,720
fraudulent about that period, there's there's no reason to
1256
01:23:03,720 --> 01:23:07,410
feel what you're doing in that relationship with the broker,
1257
01:23:07,830 --> 01:23:10,740
that you're not going to be frauded you're not going to be
1258
01:23:10,740 --> 01:23:13,710
fraud. If you lose money, you did it wrong. That's all there
1259
01:23:13,710 --> 01:23:17,550
is. If he hits your stop, you placed it in the wrong place.
1260
01:23:18,030 --> 01:23:21,120
It's as simple as that. It's a lot of responsibility, this
1261
01:23:21,120 --> 01:23:24,180
industry forces upon you. And there's a lot of irresponsible
1262
01:23:24,180 --> 01:23:27,420
people and people with expectations and entitlement. It's
1263
01:23:27,420 --> 01:23:33,750
not justified. And that's why this millennial generation is
1264
01:23:33,750 --> 01:23:38,190
struggling because they have a spirit of entitlement. That
1265
01:23:38,190 --> 01:23:42,390
is unjustified and now you bring that expectation and
1266
01:23:42,390 --> 01:23:48,480
thought process into the hardest industry on the planet. Why
1267
01:23:48,480 --> 01:23:57,150
is everyone surprised at the results and the adversities oh
1268
01:23:57,150 --> 01:24:00,960
that guy scammed me that broker scammed me Look I got
1269
01:24:00,960 --> 01:24:05,370
scammed by FX cm I know what it's like. But alanda and
1270
01:24:05,370 --> 01:24:10,680
forex.com they are extremely regulated they would be slapped
1271
01:24:10,800 --> 01:24:14,160
down like FCM and kicked out of the United States if they
1272
01:24:14,160 --> 01:24:15,720
did any funny money business like that.
1273
01:24:17,010 --> 01:24:21,300
So don't think just because educators should be forced to
1274
01:24:21,300 --> 01:24:24,990
use an element outside of empty for to prove they can trade
1275
01:24:25,080 --> 01:24:28,980
I think if those individuals also do that, that if they did
1276
01:24:28,980 --> 01:24:32,730
it with a non empty for platform and prove not just one
1277
01:24:32,730 --> 01:24:37,320
trade not one instance okay but consistently do it without
1278
01:24:37,320 --> 01:24:40,920
lining it beforehand, then I think that person should be
1279
01:24:41,040 --> 01:24:45,600
allowed from a community standpoint to return back to empty
1280
01:24:45,600 --> 01:24:51,060
for because I worked so much in empty for for so long on
1281
01:24:51,060 --> 01:24:56,280
baby pips coming from TradeStation it's, it's a learning
1282
01:24:56,280 --> 01:24:58,470
process and then you get real comfortable with it like I'm
1283
01:24:58,470 --> 01:25:02,220
starting to get comfortable with this. Trading view. And
1284
01:25:03,240 --> 01:25:07,140
there's a lot of things that I expect the cursor and mouse
1285
01:25:07,140 --> 01:25:10,440
to do, because I'm trained, because of experience using mt
1286
01:25:10,440 --> 01:25:14,040
four with teaching it, that I expect this trading view to
1287
01:25:14,040 --> 01:25:18,660
dance and perform that way in that, like, I, I'm clumsy. So
1288
01:25:21,240 --> 01:25:28,320
they basically this. If you're a trader, and you're wanting
1289
01:25:28,320 --> 01:25:32,040
to trade, don't be afraid of Mt. Four. But if you are a
1290
01:25:32,040 --> 01:25:35,460
trader looking to learn from a educator, and they're only
1291
01:25:35,460 --> 01:25:40,020
giving you mt four examples, then it's justified for you to
1292
01:25:40,020 --> 01:25:45,660
be holding a measure of suspect or apprehension. Because if
1293
01:25:45,660 --> 01:25:48,090
they're not willing to give you evidence that they can
1294
01:25:48,120 --> 01:25:52,440
engage outside of empty for then your concerns are
1295
01:25:52,440 --> 01:25:57,870
justified, you're absolutely justified in your concern that
1296
01:25:57,870 --> 01:26:00,960
they may not be what they claim to be that they may not know
1297
01:26:00,960 --> 01:26:03,930
what they claim to know. And there's no shame in that. And
1298
01:26:03,930 --> 01:26:07,770
any educator that would argue against that. Okay, no, no,
1299
01:26:07,770 --> 01:26:10,530
no, I don't agree to that. This guy's a jerk. He's a liar.
1300
01:26:10,530 --> 01:26:13,440
He's a scammer, you're gonna see this surge of people coming
1301
01:26:13,440 --> 01:26:16,920
at me now. Okay, and they're going to say all kinds of
1302
01:26:16,920 --> 01:26:20,220
untrue things, because I have just laid down the gauntlet
1303
01:26:20,250 --> 01:26:25,590
and said, Now, even ICT said that I should always give an
1304
01:26:25,590 --> 01:26:29,070
example and Mt four, and they may be profitable traders,
1305
01:26:29,070 --> 01:26:32,190
they absolutely may be genuine. And they feel that because I
1306
01:26:32,190 --> 01:26:35,970
said this, I'm expecting like a sense of entitlement. I
1307
01:26:35,970 --> 01:26:38,790
don't care really personally, because I'm already in my own
1308
01:26:38,790 --> 01:26:44,130
lane doing what I need to do. But I don't see the counter
1309
01:26:44,160 --> 01:26:49,860
argument to people that would say, you're probably a fraud,
1310
01:26:50,010 --> 01:26:54,240
or a scam artist, if you're unwilling to execute on trading
1311
01:26:54,240 --> 01:27:00,030
view. Because it's not empty for you can't game, the system
1312
01:27:00,030 --> 01:27:03,930
own trading view. So if you're good at trading, you would
1313
01:27:03,930 --> 01:27:06,960
engage and there's people that do live streams, and they
1314
01:27:06,960 --> 01:27:09,960
talk about where the market might be going. But you don't
1315
01:27:09,960 --> 01:27:12,450
see them actually executing even in their live streams
1316
01:27:12,450 --> 01:27:16,230
either. I've been in a few of them, actually been in a lot
1317
01:27:16,230 --> 01:27:19,530
of them. And it was kind of disappointing to see that no
1318
01:27:19,530 --> 01:27:22,470
trade was really executed. And you hear people in the
1319
01:27:22,470 --> 01:27:24,690
background saying Yo, you took a trade in London, because
1320
01:27:24,690 --> 01:27:30,420
now it's moved 60 pips. Come on. If I took a trade, you're
1321
01:27:30,420 --> 01:27:34,170
gonna see that I took a trade. You're gonna see it. I'm not
1322
01:27:34,170 --> 01:27:37,560
gonna say you took a trade over here. It just it feels dirty
1323
01:27:37,560 --> 01:27:43,170
to say it like that. Okay, it just feels inappropriate. If
1324
01:27:43,170 --> 01:27:45,870
you even mentioned the word that you took a trade Okay, show
1325
01:27:45,870 --> 01:27:49,230
me the trade. Show me where you entered it when you entered
1326
01:27:49,230 --> 01:27:53,640
it, because you're gonna make a video. Okay? Make the video
1327
01:27:53,640 --> 01:27:57,300
have that in it. It ain't an idea that you found after the
1328
01:27:57,300 --> 01:28:00,180
fact like I sat down I saw the chart you see me put the
1329
01:28:00,180 --> 01:28:03,510
limit order in. I knew what I'm looking for in the market
1330
01:28:03,510 --> 01:28:06,030
delivered it and it hasn't really done much since.