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on 2021-06-11 14:58
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... ... @@ -1,2163 +1,208 @@ 1 -1 2 -00:00:16,710 ~-~-> 00:00:20,100 3 -ICT: Welcome back, I appreciate your patience yesterday, I 1 +(% class="hover min" %) 2 +|1 |00:00:16,710 ~-~-> 00:00:28,320 |ICT: Welcome back, I appreciate your patience yesterday, I was expected to post a video on my YouTube channel, but real life got in the way, I had a family 3 +|2 |00:00:28,320 ~-~-> 00:00:42,180 |matter to attend to. So we're looking at a example of algorithmic theory. I'm going to talk a little bit about the Asian range. And one of the caveats to 4 +|3 |00:00:42,180 ~-~-> 00:00:50,400 |using the Asian range, at least, in my opinion, there is something about the Asian range that you need to be aware of. And obviously, this is not the first 5 +|4 |00:00:50,400 ~-~-> 00:01:04,860 |time I've talked about this. My long term. viewers are familiar with this, if they've been keeping notes. Alright, so I've been counseling my students to 6 +|5 |00:01:04,860 ~-~-> 00:01:14,670 |anticipate and expect lower prices on the dollar, we have been looking at lowered prices for several months now on the dollar index, and it's been 7 +|6 |00:01:15,360 ~-~-> 00:01:30,000 |offering lower prices. And with that, we're going to assume that that bias would be still in play for our hindsight example. Now, obviously, if I'm lying, all of 8 +|7 |00:01:30,000 ~-~-> 00:01:41,970 |my students would come out in a rage and say, No, you were bullish on $1. So we're gonna have to go with a little bit of liberty here on my part, you get it, 9 +|8 |00:01:41,970 ~-~-> 00:01:57,000 |it's just permit me this. The principle is, if we're bearish dollar, we would be bullish on foreign currency. So the counterparty to a bearish dollar would be a 10 +|9 |00:01:57,450 ~-~-> 00:02:07,950 |potential bullish euro dollar. So without any more discussion about the dollar index, specifically, let's take a look at the euro dollar. Alright, so we have a 11 +|10 |00:02:08,460 ~-~-> 00:02:20,850 |enemy a term swing in the marketplace in here. And I want you to take a look at this run up right there. Okay, so this run up on price that takes out all of 12 +|11 |00:02:20,850 ~-~-> 00:02:29,910 |these relative equal highs about these high would be by side liquidity, that means there's buy stops, they're either buying on the breakout with traders 13 +|12 |00:02:29,910 ~-~-> 00:02:39,060 |expecting it's going to break out higher. Why would traders think that? Well, they've seen the rally up in a bull flag. So the market runs up trips those 14 +|13 |00:02:39,060 ~-~-> 00:02:49,770 |traders long and then aggressively moves, lower traders that were trying to sell short with resistance ideas, they were tagged, and their short has been 15 +|14 |00:02:49,860 ~-~-> 00:03:04,410 |nullified. So both sides are having their buy side liquidity attacked. We look at the run into these relative equal highs. When the market breaks down, we can 16 +|15 |00:03:04,440 ~-~-> 00:03:16,380 |look inside of this little formation right here. Okay, so this fractal, so the lowest candle is right there. Alright, so we're going to take a look at inside 17 +|16 |00:03:16,380 ~-~-> 00:03:32,280 |that range right there. And we're going to drop into lower timeframe 15 minute and want to take a closer look inside of that range. So let's drop into the 15 18 +|17 |00:03:32,280 ~-~-> 00:03:42,360 |minute timeframe. Alright, so we have drilled down to a 15 minute time frame, and you can see the lowest down close candle prior to the run up. And again, all 19 +|18 |00:03:42,360 ~-~-> 00:03:53,940 |of these relatively equal highs, we see a run on stops there and then it breaks lower. Your eye should be trained and you do this with hindsight data, you teach 20 +|19 |00:03:53,940 ~-~-> 00:04:03,390 |yourself to see this pattern. And you will find that there's a lot of sensitivity to this particular level. So what I'm showing you is a very specific 21 +|20 |00:04:04,080 ~-~-> 00:04:13,050 |level in price action, that you have to look at some logic behind it. It's not just simply looking at an old low old high in price turned here, price turn 22 +|21 |00:04:13,050 ~-~-> 00:04:22,920 |there like support resistance. There has to be some kind of context behind the level before you can have any faith in it or at least that's what I teach. So 23 +|22 |00:04:22,950 ~-~-> 00:04:33,420 |the logic behind this is we want to look at the last down closed candle prior to this run up that clears all the bytes are liquidity. If the market trades lower 24 +|23 |00:04:33,450 ~-~-> 00:04:51,300 |than this low, this down close candle becomes my ICT bearish breaker. Okay, a bearish breaker. We're going to highlight the range of that candle right there. 25 +|24 |00:04:51,540 ~-~-> 00:05:01,740 |Okay. So now we're going to go forward and we'll talk a little bit about this and how we can use it with day of week Asian range, and we're going to implement 26 +|25 |00:05:01,740 ~-~-> 00:05:09,270 |some things. And we'll talk a little bit about order blocks. Also, this is an older block, but it is a bearish 27 +|26 |00:05:10,380 ~-~-> 00:05:21,510 |candle that if it trades up to it, it will many times offer a tradable setup. Now what is it tradable setup? For me, that would be 1520 pips something to that 28 +|27 |00:05:21,510 ~-~-> 00:05:32,550 |effect. Now it doesn't always work, nothing is absolutely 100%. But with the right context, and some other things, it can provide you a way to trade as your 29 +|28 |00:05:32,550 ~-~-> 00:05:43,710 |own model. This is all a trader can use to find setups, it's not going to be appreciated the first time you see something like this, but if you go through 30 +|29 |00:05:43,710 ~-~-> 00:05:53,040 |your charts and study it, you're going to see that there are many times setups that form over a period of a month that you can find that offer 2030 pips, 31 +|30 |00:05:54,150 ~-~-> 00:06:04,860 |especially using the hourly end or 15 minute timeframe. So we're gonna scrub forward in time. And we're gonna back out a little bit here. You can see the 32 +|31 |00:06:04,860 ~-~-> 00:06:16,080 |market does, in fact, trade up into that today. And there's a resistance effect that takes place and drops lower. Now by itself. That's really cool. I mean, you 33 +|32 |00:06:16,080 ~-~-> 00:06:28,830 |don't need to see anything more, but I have more candy for you. But there is nothing more needed to really find a fascination with that breaker. But I want 34 +|33 |00:06:28,830 ~-~-> 00:06:40,260 |to give you some more context, we are now seeing on a 15 minute timeframe. Another bearish breaker, see that relative equal highs, price breaks lower and 35 +|34 |00:06:40,260 ~-~-> 00:06:49,800 |then runs up clears out all the orders that would be resting right above here. So what do we do again, our eye goes to the last down close candle right before 36 +|35 |00:06:49,800 ~-~-> 00:07:01,230 |the run up. This is your bearish breaker again. So we'll come back to that in a moment. But I want you to think about how extending with your imaginations align 37 +|36 |00:07:01,260 ~-~-> 00:07:10,320 |out in time from the scandals Hi, this candles low extended out look at the sensitivity rating here. See that notice it does not go just to the bottoms of 38 +|37 |00:07:10,320 ~-~-> 00:07:23,040 |these candles here and then trade lower. It trades inside of this down closed candles range multiple times, and then trades lower. I'm going to show you 39 +|38 |00:07:23,040 ~-~-> 00:07:35,340 |something regarding Fridays and Asian range. Now the Asian range that we can classify that as 7pm to midnight, New York time. Now I'm going to add some 40 +|39 |00:07:35,340 ~-~-> 00:07:42,840 |annotations. But before I do that in your notes, in your study journal, if you're just watching this video, like Netflix binge watching, then you're really 41 +|40 |00:07:42,840 ~-~-> 00:07:51,600 |not doing yourself any service. But whenever we're trading on Mondays, this is one of the reasons why I don't like to trade on Monday. So it doesn't mean I 42 +|41 |00:07:51,600 ~-~-> 00:08:05,280 |won't trade on Mondays, it just means one of the things that has to be in play and it has to fit. Otherwise I won't trade one a Monday, the idea of the Asian 43 +|42 |00:08:05,280 ~-~-> 00:08:17,640 |range not being utilized on Mondays themselves and ours, the Asian range that you would determine on Mondays data in my school of thought we do not consider 44 +|43 |00:08:17,640 ~-~-> 00:08:27,780 |that. And the reason why is the algorithms actually going to look at Friday's Asian range. Now, my long term viewers they know this is true. It's been taught 45 +|44 |00:08:27,780 ~-~-> 00:08:39,210 |by me many many years ago. And we've always referred to it when we're talking about Mondays and or the Asian range. On Mondays we refer to Friday's Asian 46 +|45 |00:08:39,210 ~-~-> 00:08:54,570 |range. So what we're saying is Thursday 7pm to midnight, Friday, Eastern Standard Time. So with that idea, we can take the Asian range that's on the 47 +|46 |00:08:54,570 ~-~-> 00:09:07,230 |previous week's Friday and utilize that to get projections on how far the market can build up into a specific level of resistance. But it has to overlap with 48 +|47 |00:09:07,230 ~-~-> 00:09:17,730 |some other narrative. And that narrative would be these two levels up here being that bearish breaker. So let's flesh this out a little bit. Alright, so we've 49 +|48 |00:09:17,820 ~-~-> 00:09:34,830 |added the Friday Asian range the previous week, and I'm using the candles, wicks and tails. To illustrate how the classic view of the Asian range is interpreted. 50 +|49 |00:09:35,760 ~-~-> 00:09:44,970 |I do not always use the wicks and tails. I like to use the bodies of the candles especially if they're very clear and discernible as they are here. And what I 51 +|50 |00:09:44,970 ~-~-> 00:09:56,250 |mean by that we're going to drop down to get to the highest close or highest opening price towards the end of the range on the high side on the low end. We 52 +|51 |00:09:56,250 ~-~-> 00:10:08,160 |look here which one has the lower close or lower opening So the close here is 18 002. And open on this is 18 002. So we'll 53 +|52 |00:10:10,919 ~-~-> 00:10:26,429 |put our rectangle there. So there is our Asian range. Alright, so we're using the previous Friday's Asian range for Monday's trading. So it is being utilized 54 +|53 |00:10:26,429 ~-~-> 00:10:40,049 |for this trading day. Alright, so we have the deletion for Monday's trading the 16th of November, and the previous Friday's Asian range. Now what you want to do 55 +|54 |00:10:40,049 ~-~-> 00:11:00,569 |is start getting projections like this, and you can add out and this is for the purpose of your study journal. And I'm gonna speed this up, I'm not gonna sit 56 +|55 |00:11:00,569 ~-~-> 00:11:13,739 |here and do this for each one. But this is essentially what you can do. Inside center, there. Alright, and then you're gonna click clone and do the same thing. 57 +|56 |00:11:13,739 ~-~-> 00:11:27,539 |And all they're doing is just expanding this up, and laying them right on top of the previous rectangle and then changing the annotation to another Asian 58 +|57 |00:11:27,539 ~-~-> 00:11:37,709 |ranging, I'm going to speed this up, and we'll put this on the chart napkins. Alright, so we have all of the Asian ranges stacked on top of one another. And 59 +|58 |00:11:37,709 ~-~-> 00:11:52,199 |you can see it goes right to the top of that high end of the breaker that we used as our initial narrative. So we have 12345 Asian range projections. On the 60 +|59 |00:11:52,229 ~-~-> 00:12:07,409 |upside, that overlap exactly with a bearish ICT breaker. The levels are not just close. They're not. It's not just almost there. It's right there. Okay, it's 61 +|60 |00:12:07,409 ~-~-> 00:12:18,509 |right at the top end. So we have Asian range projections from the previous Friday used or Monday's trading. So what you're seeing here is the run up 62 +|61 |00:12:18,659 ~-~-> 00:12:30,029 |initially runs into the top of the bearish breaker and the Asian range that is stacked up, there's there's five of them. So there's five Asian range 63 +|62 |00:12:30,059 ~-~-> 00:12:42,419 |projections on the upside. And we have the bearish breaker. So the market trades there. And then from that point one, we'd seen market break lower. And then we 64 +|63 |00:12:42,419 ~-~-> 00:12:53,579 |have this same breaker idea on the 15 minute timeframe. I'm just going to use a rectangle for this one, just to speed things up. 65 +|64 |00:13:00,809 ~-~-> 00:13:17,849 |And we'll just change it to read level. Okay. And so the market trades multiple times after breaking below this candle right there. That starts the breaker. So 66 +|65 |00:13:17,849 ~-~-> 00:13:32,219 |when it moves away, it comes back up. It's trading inside of this to mitigate all of the Long's that were in here. Anyone that was long on a smart money level 67 +|66 |00:13:32,219 ~-~-> 00:13:40,619 |when I was traders on an institutional level that were long here that may have been caught off guard, they can now mitigate those positions. It's not that 68 +|67 |00:13:40,889 ~-~-> 00:13:53,009 |they're buying it to push it up. That's not what takes place here. Okay, that's not what goes on. This is repricing. And then this is mitigation. So all of this 69 +|68 |00:13:53,279 ~-~-> 00:14:06,419 |is the purpose of pairing up liquidity by side sell side. So the market then breaks lower. What about this level down here makes it significant? Well, if you 70 +|69 |00:14:06,419 ~-~-> 00:14:21,779 |go look at this price run in here. Now I'm going to give you a moment to look at it you tell me where there is a specific entry of volatility. In all of this 71 +|70 |00:14:21,779 ~-~-> 00:14:36,989 |price run in here, let your eye study all of that and it should jump to a specific reaction in price noise Where is there a flurry of excitement? rating 72 +|71 |00:14:36,989 ~-~-> 00:14:50,459 |here? Okay, this is displacement. So what we're doing is we're looking at it. So here's some of these data we're gonna kind of like blur that out for a moment. 73 +|72 |00:14:51,689 ~-~-> 00:15:01,529 |This is all Friday's trading. So Friday's trading, where is the displacement? Now it's where's the market, really trying to show a willingness To go higher, 74 +|73 |00:15:02,639 ~-~-> 00:15:13,649 |right here. So your eye goes right to this down closed candle prior to this run up, because this displacement, the algorithm starts to run higher, and then it 75 +|74 |00:15:13,649 ~-~-> 00:15:33,659 |trades back lower into this turning point right here. So what you do is you want to take a level and put it right on the down close. And we put this on a magnet 76 +|75 |00:15:33,659 ~-~-> 00:15:48,419 |so you can see it goes right on the high, change it to blue. So it really pops. Okay, and we're cutting through all these candles. This is why I teach very 77 +|76 |00:15:48,419 ~-~-> 00:15:58,769 |adamantly that what I'm teaching is not supply and demand, because supply and demand says, Don't cut through candles, they demand no pun intended. They 78 +|77 |00:15:58,979 ~-~-> 00:16:10,349 |require they call it fresh levels. Well, there's nothing stale about this down close candle because it's my ICT bullish order block. It's just being reclaimed. 79 +|78 |00:16:10,439 ~-~-> 00:16:20,279 |So we have this specific price level here. It runs higher, creates an imbalance it comes down rebalances that and trades right back into this bullish order 80 +|79 |00:16:20,279 ~-~-> 00:16:28,769 |block. extend that through time, all the way through Sunday. We don't really care so much about Sunday's data. And then we have the bearish breaker that 81 +|80 |00:16:28,769 ~-~-> 00:16:40,379 |trades exactly into the bullish order block right there. Then price runs higher trades back down into the last down close candle. So we optimal trade entry here 82 +|81 |00:16:40,979 ~-~-> 00:16:50,159 |in the New York session. So remember what I started this video with my students knew and had been focusing on a bearish dollar. I gave you a short little video 83 +|82 |00:16:50,159 ~-~-> 00:17:00,479 |clip on my YouTube channels and the story section. For whatever reason, it's easier for me to find the stories when I'm using my mobile. So now if I log into 84 +|83 |00:17:00,479 ~-~-> 00:17:13,199 |YouTube, using my phone, I can click on my logo, my ICT logo when it's red. And if I click on that, it plays my story that I just recently uploaded. And the 85 +|84 |00:17:13,199 ~-~-> 00:17:25,949 |most recent one I did was a short little video and it was showing the bullishness set up that was on last Tuesday on euro dollar and projections that 86 +|85 |00:17:25,949 ~-~-> 00:17:30,209 |would lead to relative equal highs being taken out. Again, my 87 +|86 |00:17:30,210 ~-~-> 00:17:37,410 |students knew and have been focusing with me on bearish dollar, we're not flip flopping around, we've been looking for bearish dollar. So we've been looking 88 +|87 |00:17:37,410 ~-~-> 00:17:47,430 |for bullish euro. I have not been wanting to trade, British Pound so that way we know in full disclosure, our focus as a group and community we've been focusing 89 +|88 |00:17:47,430 ~-~-> 00:17:58,200 |on eurodollar. So we have several components here we have market running up into on Monday to a bearish breaker and all of these Asian range overlapping. So the 90 +|89 |00:17:58,200 ~-~-> 00:18:12,600 |algorithm uses this range on a previous Friday when the bias is discernible. In other words, if we're bullish on the start of the week, as we have been in our 91 +|90 |00:18:12,600 ~-~-> 00:18:22,830 |community, Euro should trade higher, it doesn't mean it will absolutely do. So it just means that we go in looking for things that line up to build evidence to 92 +|91 |00:18:22,830 ~-~-> 00:18:32,130 |structure a trade around a narrative that we anticipate, okay, we're not guessing we're not trying to catch up. Okay, we're not surprised. We're looking 93 +|92 |00:18:32,130 ~-~-> 00:18:46,260 |for things that are very systematic, and the overlap to confirm a narrative. So this idea of projecting the Asian range is higher. It's a specific measurement 94 +|93 |00:18:46,260 ~-~-> 00:18:58,050 |the algorithm will reach for, okay, it's not a Fibonacci sequence. It's not a Elliott Wave thing. It's not something harmonic. It's a very generic 95 +|94 |00:18:58,050 ~-~-> 00:19:10,410 |mathematical utilization of a predetermined price range that is static. This range is static, it doesn't move around. It's a specific element of time when it 96 +|95 |00:19:10,410 ~-~-> 00:19:18,420 |begins and when it ends, we get the highest high the lowest low and or as I like to use it, the bodies of the candles. Okay, so I like to look at the highest 97 +|96 |00:19:18,450 ~-~-> 00:19:28,290 |body and the lowest body, neck can either be the open or the close, whichever is the highest or the lowest and difference to the range of the of the Asian range. 98 +|97 |00:19:29,190 ~-~-> 00:19:39,780 |Get that measurement, you project that up until it overlaps with a with another key level. The key level is that bearish breaker. It trades up into here, look 99 +|98 |00:19:39,780 ~-~-> 00:19:52,620 |at the precision folks. It's beautiful. The top of the breaker comes in at 1.18682. And it was only off by half a pip because the high Here comes in at 100 +|99 |00:19:52,920 ~-~-> 00:20:07,560 |1.18687. So that's five PIP bets, or one half of one PIP Then it turns, creates the bearish breaker here trades right down into a bullish order block, your eye 101 +|100 |00:20:07,560 ~-~-> 00:20:16,440 |goes to this one because it shows displacement there. Now, it's not that every down closed candle like you see folks on YouTube there, you think they 102 +|101 |00:20:16,440 ~-~-> 00:20:27,420 |understand my order block theory. And it's not as easy as it may seem the first look at it. Now it's easy to go back in hindsight and say, Here's where that 103 +|102 |00:20:27,420 ~-~-> 00:20:35,700 |word block was. And that's what unfortunately, a lot of people do on YouTube. And that's why I get a little upset because what they're doing with their 104 +|103 |00:20:35,700 ~-~-> 00:20:45,270 |audience is a disservice because they're really not teaching anything. You're teaching them by default that every down closed candle is a potential order 105 +|104 |00:20:45,270 ~-~-> 00:20:54,900 |block when it's not. It is not you need to have a displacement. Within a narrative. The narrative is we're bullish euro. Okay, we have been bearish 106 +|105 |00:20:54,930 ~-~-> 00:21:05,250 |dollar. We didn't just become bearish for this example. For weeks, we've been talking about the likelihood that dollar would go lower. So our bias has been on 107 +|106 |00:21:05,250 ~-~-> 00:21:16,200 |point. The reverse of that is a bullish foreign currency. And I have told my community I'm not trying to trade cable. So what does that mean? If I'm not 108 +|107 |00:21:16,200 ~-~-> 00:21:24,360 |trying to trade cable, which is British Pound versus the US dollar, and we are focusing on euro for study, all of our attention has been on this particular 109 +|108 |00:21:24,360 ~-~-> 00:21:25,860 |currency pair. So 110 +|109 |00:21:26,369 ~-~-> 00:21:38,459 |we look for levels that line up and logic to support the underlying narrative of a bearish dollar bullish euro. So for bullish euro, we're going to start to use 111 +|110 |00:21:38,489 ~-~-> 00:21:48,809 |time elements that are algorithmic, the algorithmic principle of using the Asian range on a previous Friday, and that of on Monday, we ignore it. Because the 112 +|111 |00:21:48,839 ~-~-> 00:22:02,189 |Asian range on Mondays is skewed. We don't use it for any purposes like this, we have to revert to the previous week's range. Now, my question to you is, if the 113 +|112 |00:22:02,189 ~-~-> 00:22:11,909 |markets were not algorithmic, and programmed to run to predetermine logical levels, and how on earth are these levels being so precise, and why does it 114 +|113 |00:22:11,909 ~-~-> 00:22:22,559 |matter with these ranges here, because it's not random. If you do this, and you study this over a year, okay, go back through and study when the market was 115 +|114 |00:22:22,559 ~-~-> 00:22:30,359 |bullish and bearish. And you'll have the context, as I'm outlining here, because you don't have the benefit of the community that I have, where I've told them in 116 +|115 |00:22:30,359 ~-~-> 00:22:39,419 |advance that the dollar is bearish and foreign currency in this case, Euro specifically, was bullish. So you don't have that you have that only as a 117 +|116 |00:22:39,419 ~-~-> 00:22:49,499 |hindsight example, but I have thousands of people that sit with me and I outline this, and I talk about how euro is bullish dollar is bearish. And then you learn 118 +|117 |00:22:49,499 ~-~-> 00:22:59,639 |by taking the concepts that I teach, and you plug them in to the price action and over a period of time, seeing example, after example, you learn by 119 +|118 |00:22:59,639 ~-~-> 00:23:10,529 |experience, there's no plug in play by watching a video, you have to plug yourself in front of a computer screen and study. It isn't an easy thing. It's 120 +|119 |00:23:10,529 ~-~-> 00:23:19,649 |not something that's going to happen for you real fast. It's complicated, because you have to put in a lot of time and effort. But there's nothing like 121 +|120 |00:23:19,649 ~-~-> 00:23:28,109 |this, folks, there's no other school of thought there is no other educator out there. There is no other trader out there. And I'm sitting here waiting for 122 +|121 |00:23:28,109 ~-~-> 00:23:37,769 |someone else to come out here and try to put their system or methodology against this, because they can't do it. They cannot do it. So if you're looking for 123 +|122 |00:23:37,769 ~-~-> 00:23:49,859 |things that are going to be highly precise, you're going to find that in my teachings, but you're not going to learn it real quick. That's why I operate a 124 +|123 |00:23:49,859 ~-~-> 00:23:59,849 |mentorship because you're borrowing my experience. My foresight, when I look at the charts, I'm not guessing. I'm telling you as a community, what it is that I 125 +|124 |00:23:59,849 ~-~-> 00:24:10,109 |anticipate I'm pointing, and then you can go in and use the concepts that I teach. And you'll see the setups forming. Now, what's interesting is, imagine 126 +|125 |00:24:10,109 ~-~-> 00:24:21,689 |for a moment that you were part of the community. If you were anticipating higher prices on euro, you could have used this scenario here to be a buyer in 127 +|126 |00:24:21,689 ~-~-> 00:24:31,289 |your studies on Friday of last week. And using this idea as a target and you would hold over the weekend if you were inclined to feel that confident about 128 +|127 |00:24:31,289 ~-~-> 00:24:40,979 |it. And if it traded up to this level here, which is the bearish breaker and all of these projected Asian ranges from the previous week, that would be a target 129 +|128 |00:24:40,979 ~-~-> 00:24:48,269 |or just before it gets to that level or maybe at the low end of the breaker. That would be a target. So between getting in here on optimal trade entry with a 130 +|129 |00:24:48,269 ~-~-> 00:25:01,349 |bullish order block and getting out at the low end of this range here on Monday. Today's trading that's a pretty decent price run for a short term trade. Now, if 131 +|130 |00:25:01,349 ~-~-> 00:25:11,399 |you are a contrarian trader, and you know that Mondays tend to be a consolidation retracement that sets up a continuation of a longer term price 132 +|131 |00:25:11,399 ~-~-> 00:25:22,289 |move, we could look at this area here as a short term, contrarian, short. And you can trade this right here, when the anticipation it would trade back to this 133 +|132 |00:25:22,289 ~-~-> 00:25:30,479 |area here, which is highly sensitive. I mean, look at the bodies of the candles here. Yes, you have a small little tail here and a very small little tail on 134 +|133 |00:25:30,479 ~-~-> 00:25:43,949 |this one. But it's going basically back into this candle. to higher that candle comes in at 1.8 to 15. And one PIP that to close on this candle comes in at 135 +|134 |00:25:44,399 ~-~-> 00:25:47,069 |1.1815 and one PIP that 136 +|135 |00:25:48,930 ~-~-> 00:25:56,610 |it's real hard to get closer to that except for being perfect. And that right there friends is really, really precise. And the sensitivity there is this 137 +|136 |00:25:56,610 ~-~-> 00:26:06,750 |dynamic, optimal trade entry. This gives you an a trade here. So running back up into the breaker and maybe potentially running above this high. That could be a 138 +|137 |00:26:06,750 ~-~-> 00:26:16,950 |scenario here, but you would be taking logical scaling of partial position exits along the way. But count the number of trade setups just by looking at how the 139 +|138 |00:26:16,950 ~-~-> 00:26:30,780 |market swings and gyrates both directions. We have a long in here, potential short here, a long in here and long in here. So there's multiple trades in here. 140 +|139 |00:26:30,900 ~-~-> 00:26:43,470 |And it depends on what your style of trading is. I don't force contrarian setups on my students, I don't force trend continuation on my students, I allow them to 141 +|140 |00:26:43,470 ~-~-> 00:26:52,950 |grow organically with the content and the concepts. You all may be looking at this and say, Okay, I can see this setup, but I don't really see this one here 142 +|141 |00:26:52,950 ~-~-> 00:27:04,020 |as a short, and I don't see this one as a long, I don't see this as a sell. Some of you may see that SSL. You see what I mean by that it's, I'm allowing the 143 +|142 |00:27:04,020 ~-~-> 00:27:17,790 |students to find their choice setup, their specific bread and butter setup. And whatever that setup is, once you gravitate towards it, you don't try to improve 144 +|143 |00:27:17,790 ~-~-> 00:27:29,580 |upon your trading by including something else. You latch on like a pitbull on a pork chop, you say this is what is my setup, this is my model, and you work with 145 +|144 |00:27:29,580 ~-~-> 00:27:38,070 |that for a minimum of six months. And you're going to find that you know exactly what you're looking for, because that pattern will repeat. And what I mean by 146 +|145 |00:27:38,070 ~-~-> 00:27:48,960 |that, well, this pattern here is the bearish breaker there that's that's a short trades down into this bullish order block right there. Okay, that's a setup, 147 +|146 |00:27:48,960 ~-~-> 00:28:07,410 |that's a sell, just as well as this trade here to here is a sell. But based on this breaker, you just have to wait for to trade all up into it here. So this is 148 +|147 |00:28:07,410 ~-~-> 00:28:19,950 |the same pattern that is seen here. It just takes longer for this pattern to come into a setup where it's valid now, until it gets to this level. This 149 +|148 |00:28:19,950 ~-~-> 00:28:29,190 |breaker is just something that's sitting in waiting. Now you may look at this and say, You know what? There's no way I would trade that. And maybe you're 150 +|149 |00:28:29,190 ~-~-> 00:28:37,230 |looking at this run here and saying doesn't that negate that? No, just like I outlined here with the bullish order block. There, we're cutting through 151 +|150 |00:28:37,230 ~-~-> 00:28:48,480 |candles. My order block theory does not have a limitation on you can't cut through candles. That's what supply and demand guys do. I'm not supplying to me. 152 +|151 |00:28:48,930 ~-~-> 00:28:57,180 |I'm looking at it like the algorithm does. The algorithm is going to remember these levels because it's significant. It's salient to what the price action is 153 +|152 |00:28:57,180 ~-~-> 00:29:10,950 |going to require to refer to on the near term basis. And what I mean by that when we're looking at price. Go CD is flaring right there. It's gotta look the 154 +|153 |00:29:10,950 ~-~-> 00:29:22,410 |way I want it, folks, I'm sorry. The price is going to refer back to specific levels that are key in reference to specific elements of time. Now what I've 155 +|154 |00:29:22,410 ~-~-> 00:29:31,260 |given you here is a lesson that really builds on what I've taught in the past regarding Asian range not being used on Mondays but using the previous Friday's 156 +|155 |00:29:31,260 ~-~-> 00:29:42,150 |Asian range. So you can see that this is not a contrived form fitted thing. It fits all of the logic that I've taught with the previous discussion with Asian 157 +|156 |00:29:42,150 ~-~-> 00:29:55,620 |range and with that, a Friday's data not Monday. So in your journals, you want to make a notation that on Mondays we do not refer to Asian range. It's not 158 +|157 |00:29:55,620 ~-~-> 00:30:08,340 |important it's not crucial. It's not required to find Precision you use the previous Friday. Now, the caveat to that is the Friday's Asian range is only 159 +|158 |00:30:08,340 ~-~-> 00:30:18,450 |useful if a bias is underway. That means are we in a buy program or a sell program, what is a buy program by program is simply we're in a bullish market 160 +|159 |00:30:18,450 ~-~-> 00:30:24,090 |and it's probably going to keep going higher. If we're going to sell program, then that means that the markets moving lower and it's probably going to 161 +|160 |00:30:24,120 ~-~-> 00:30:35,130 |continue moving lower. So we would use the Asian range in a bearish scenario, we would project the Asian range lower to get potential overlapping with a key 162 +|161 |00:30:35,130 ~-~-> 00:30:37,800 |level like outlined here with the bearish breaker. 163 +|162 |00:30:39,240 ~-~-> 00:30:49,110 |The patterns themselves are repeating on different timeframes, just like this one here is a reaction in the bearish breaker by scrolling back to the left as I 164 +|163 |00:30:49,110 ~-~-> 00:30:58,650 |shown, or you can trade it on a smaller one here where it just creates in the near term price action, hits it and then offers a trade there as well. So it's a 165 +|164 |00:30:58,650 ~-~-> 00:31:08,910 |matter of understanding what it is you want to trade with the things that I teach, and trying not to apply every possible moving part that's available in my 166 +|165 |00:31:08,910 ~-~-> 00:31:24,000 |library. Now, what I just showed you here is multiple models, in and of itself. Any one of these could be your setup. But using all of this idea of the frame 167 +|166 |00:31:24,000 ~-~-> 00:31:31,200 |and a narrative and I know some of you, you're thinking, well, this isn't easy, like I thought it was going to be like overbought, oversold divergence. Well, 168 +|167 |00:31:31,290 ~-~-> 00:31:39,270 |right, I promised it was going to be expensive. Things like this, and this precise, aren't going to be easy, it's going to require a lot of thought. And 169 +|168 |00:31:39,270 ~-~-> 00:31:48,720 |that's the reason why people go on YouTube. And they try to teach things in hindsight, because they cannot do. They don't they haven't submitted to learning 170 +|169 |00:31:48,720 ~-~-> 00:31:59,700 |it yet. Now I have students that are extremely versed in my concepts, and they have found their unique model. And they do very, very well. They are not making 171 +|170 |00:31:59,700 ~-~-> 00:32:10,980 |YouTube channels and trying to make a name for themselves, okay? The mentorship, I teach you how to be an independent thinker, you have the benefit of me 172 +|171 |00:32:10,980 ~-~-> 00:32:20,250 |pointing to where I think the markets going to go. And then you kind of like gives you the insight of, Okay, if I was bearish. Let me focus on the bullish 173 +|172 |00:32:20,250 ~-~-> 00:32:30,960 |side. Because if I say t saying he's looking at a level above us, then um, really armwrestling almost three decades of experience. I'm not saying that I'm 174 +|173 |00:32:31,200 ~-~-> 00:32:39,840 |not wrong once in a while, but it's really rare. So forget the fact that it might sound egotistical, forget the fact that it sounds like I'm bragging 175 +|174 |00:32:39,840 ~-~-> 00:32:51,450 |because I'm not, I'm just trying to give you the picture of what it's like being in the community. But you have to go into the charts yourselves and find the 176 +|175 |00:32:51,450 ~-~-> 00:32:58,980 |setup that you like. Now, in the beginning, four months, you're going to be feeling like you're not learning anything, because you're getting new concepts, 177 +|176 |00:32:59,010 ~-~-> 00:33:07,560 |new learning, and me pointing to where the markets going. And when the markets go there, you're going to feel frustrated, because you're not trading the 178 +|177 |00:33:07,560 ~-~-> 00:33:15,630 |setups. And you're going to want to send me emails like thousands of people in the past have done and say, I feel like I don't know what I'm doing. I see what 179 +|178 |00:33:15,630 ~-~-> 00:33:22,560 |you're saying. And I see the lessons. And I appreciate all this, but I'm not able to find a setup. Well, that's what you're not supposed to be doing. While 180 +|179 |00:33:22,560 ~-~-> 00:33:29,580 |you're in mentorship, you're not supposed to be trading, everyone wants to come in the mentorship and try to start making money right away. And that's how they 181 +|180 |00:33:29,580 ~-~-> 00:33:40,170 |mess up. Because they cheat themselves out of the learning and the development process that is aimed to be available to each student when they first start. So 182 +|181 |00:33:40,170 ~-~-> 00:33:50,550 |what am I saying, for entire year, you should not be time trying to take a trade. If that's what you are dying to come into the mentorship for, save your 183 +|182 |00:33:50,550 ~-~-> 00:33:57,840 |money, don't join, because you're going to hurt yourself and your development. By doing that it would be better for you to just stay in the free content here 184 +|183 |00:33:57,840 ~-~-> 00:34:04,830 |on this YouTube channel. And don't send me any money. Don't try to join the mentorship because you're only going to get frustrated, because you won't have 185 +|184 |00:34:04,830 ~-~-> 00:34:15,540 |the patience to follow along with the process that I outline. When is it realistic for you to anticipate you knowing what your model might be? I've had 186 +|185 |00:34:15,540 ~-~-> 00:34:22,680 |people come in by the third month say, Man, this is it. This This helped me figure out exactly what I'm doing. They stayed throughout the content and where 187 +|186 |00:34:22,680 ~-~-> 00:34:31,560 |they're at charter membership level now, but they still say I've learned what I wanted to learn on month three. Now I'm not stating that people coming in at 188 +|187 |00:34:31,590 ~-~-> 00:34:39,660 |month three will know everything they need to know. But these are individuals that have been with me for years and years. And then finally that one little 189 +|188 |00:34:39,660 ~-~-> 00:34:45,390 |thing clicked and it made sense to them everything fell into one place where they have a model now. 190 +|189 |00:34:47,369 ~-~-> 00:34:54,299 |I tell everyone that you need to go through the full year because you're going to see a full calendar year with seasonal tendencies, influences and all the 191 +|190 |00:34:54,299 ~-~-> 00:35:03,449 |factors that go along with it. And I draw in all other market asset classes to tie it together. Once you've four year under your belt, then after that your 192 +|191 |00:35:03,449 ~-~-> 00:35:13,259 |charter member, then you spend six months, assuming you've figured out your model, and you spend six months with that specific model, you will know if you 193 +|192 |00:35:13,259 ~-~-> 00:35:22,889 |are on the right path, after six months working with one specific model. Now you can see that I did not bring in committed traders, I did not bring in SMT, I 194 +|193 |00:35:22,889 ~-~-> 00:35:34,229 |didn't, I didn't need all that stuff, you don't need it either. All they do is help qualify a setup. Now your model may require SMT, it may require Commitment 195 +|194 |00:35:34,229 ~-~-> 00:35:40,859 |of Traders to trade on that side of the marketplace. And there's nothing wrong with that, that's just a filter, okay? But when you really know what you're 196 +|195 |00:35:40,859 ~-~-> 00:35:49,379 |looking for, you don't need to have all those things. And that's what the mentorship teaches you, it teaches you how to take the right pieces over time 197 +|196 |00:35:49,649 ~-~-> 00:35:57,749 |within the context that I'm outlining each week. And I say, Okay, I think we're going here. And then you know, Okay, I'm gonna go in and use these tools that 198 +|197 |00:35:57,749 ~-~-> 00:36:06,059 |favor trading the market that side, but you're not trading with live funds, because you need to learn to trust the analysis concepts, and also trust 199 +|198 |00:36:06,059 ~-~-> 00:36:16,589 |yourself, learn patience. It's a lot of things internally, that most people that come to me think it's not going to be a problem. And it is a problem for many 200 +|199 |00:36:16,589 ~-~-> 00:36:24,509 |people. Humans don't have patience. And you want because you're paying me, you want it to be fast. You want to learn how to make money right now. And I'm 201 +|200 |00:36:24,509 ~-~-> 00:36:26,339 |telling you, you need to wait, 202 +|201 |00:36:26,669 ~-~-> 00:36:34,769 |not because I can't teach you how to do it. But because you need to learn how to remove all these barriers that you're not even aware that you have yet. So 203 +|202 |00:36:35,279 ~-~-> 00:36:42,689 |hopefully you got something from this and hopefully didn't sound too much like a selling or pitch for mentorship, I'm just answering a lot of questions I get, 204 +|203 |00:36:43,109 ~-~-> 00:36:51,719 |and giving you an idea of things that you can learn right from this YouTube channel and not have to pay me. But if you want to be a part of the community, 205 +|204 |00:36:52,079 ~-~-> 00:37:01,469 |I'm kind of giving you an X ray view of what it is that we do and how it is it's provided to you. So with that, I wish you a pleasant week, be safe. And again, 206 +|205 |00:37:01,469 ~-~-> 00:37:09,599 |go to my community tab I posted a really important post and it was intended from the heart. And I think you should follow the instructions I gave you there. And 207 +|206 |00:37:09,599 ~-~-> 00:37:11,189 |so I'll talk to you next time. Be safe. 4 4 5 -2 6 -00:00:20,100 ~-~-> 00:00:25,260 7 -was expected to post a video on my YouTube channel, but real 8 - 9 -3 10 -00:00:25,260 ~-~-> 00:00:30,960 11 -life got in the way, I had a family matter to attend to. So 12 - 13 -4 14 -00:00:30,960 ~-~-> 00:00:36,840 15 -we're looking at a example of algorithmic theory. I'm going 16 - 17 -5 18 -00:00:36,840 ~-~-> 00:00:41,370 19 -to talk a little bit about the Asian range. And one of the 20 - 21 -6 22 -00:00:41,370 ~-~-> 00:00:45,660 23 -caveats to using the Asian range, at least, in my opinion, 24 - 25 -7 26 -00:00:46,050 ~-~-> 00:00:48,630 27 -there is something about the Asian range that you need to be 28 - 29 -8 30 -00:00:48,630 ~-~-> 00:00:51,960 31 -aware of. And obviously, this is not the first time I've 32 - 33 -9 34 -00:00:51,960 ~-~-> 00:00:57,600 35 -talked about this. My long term. viewers are familiar with 36 - 37 -10 38 -00:00:57,600 ~-~-> 00:01:02,460 39 -this, if they've been keeping notes. Alright, so I've been 40 - 41 -11 42 -00:01:02,790 ~-~-> 00:01:07,530 43 -counseling my students to anticipate and expect lower prices 44 - 45 -12 46 -00:01:07,530 ~-~-> 00:01:11,010 47 -on the dollar, we have been looking at lowered prices for 48 - 49 -13 50 -00:01:11,520 ~-~-> 00:01:14,670 51 -several months now on the dollar index, and it's been 52 - 53 -14 54 -00:01:15,360 ~-~-> 00:01:20,370 55 -offering lower prices. And with that, we're going to assume 56 - 57 -15 58 -00:01:21,180 ~-~-> 00:01:26,850 59 -that that bias would be still in play for our hindsight 60 - 61 -16 62 -00:01:26,850 ~-~-> 00:01:30,570 63 -example. Now, obviously, if I'm lying, all of my students 64 - 65 -17 66 -00:01:30,570 ~-~-> 00:01:33,690 67 -would come out in a rage and say, No, you were bullish on 68 - 69 -18 70 -00:01:33,690 ~-~-> 00:01:40,230 71 -$1. So we're gonna have to go with a little bit of liberty 72 - 73 -19 74 -00:01:40,230 ~-~-> 00:01:45,390 75 -here on my part, you get it, it's just permit me this. The 76 - 77 -20 78 -00:01:45,390 ~-~-> 00:01:50,940 79 -principle is, if we're bearish dollar, we would be bullish 80 - 81 -21 82 -00:01:50,970 ~-~-> 00:01:56,370 83 -on foreign currency. So the counterparty to a bearish dollar 84 - 85 -22 86 -00:01:56,370 ~-~-> 00:02:00,150 87 -would be a potential bullish euro dollar. So without any 88 - 89 -23 90 -00:02:00,150 ~-~-> 00:02:03,030 91 -more discussion about the dollar index, specifically, let's 92 - 93 -24 94 -00:02:03,030 ~-~-> 00:02:08,760 95 -take a look at the euro dollar. Alright, so we have a enemy 96 - 97 -25 98 -00:02:08,760 ~-~-> 00:02:13,200 99 -a term swing in the marketplace in here. And I want you to 100 - 101 -26 102 -00:02:13,200 ~-~-> 00:02:18,810 103 -take a look at this run up right there. Okay, so this run up 104 - 105 -27 106 -00:02:18,810 ~-~-> 00:02:22,350 107 -on price that takes out all of these relative equal highs 108 - 109 -28 110 -00:02:22,830 ~-~-> 00:02:26,130 111 -about these high would be by side liquidity, that means 112 - 113 -29 114 -00:02:26,130 ~-~-> 00:02:29,220 115 -there's buy stops, they're either buying on the breakout 116 - 117 -30 118 -00:02:29,280 ~-~-> 00:02:32,070 119 -with traders expecting it's going to break out higher. Why 120 - 121 -31 122 -00:02:32,070 ~-~-> 00:02:35,220 123 -would traders think that? Well, they've seen the rally up in 124 - 125 -32 126 -00:02:35,280 ~-~-> 00:02:40,230 127 -a bull flag. So the market runs up trips those traders long 128 - 129 -33 130 -00:02:40,500 ~-~-> 00:02:45,150 131 -and then aggressively moves, lower traders that were trying 132 - 133 -34 134 -00:02:45,150 ~-~-> 00:02:48,720 135 -to sell short with resistance ideas, they were tagged, and 136 - 137 -35 138 -00:02:48,720 ~-~-> 00:02:53,940 139 -their short has been nullified. So both sides are having 140 - 141 -36 142 -00:02:53,940 ~-~-> 00:03:00,240 143 -their buy side liquidity attacked. We look at the run into 144 - 145 -37 146 -00:03:00,540 ~-~-> 00:03:04,230 147 -these relative equal highs. When the market breaks down, we 148 - 149 -38 150 -00:03:04,230 ~-~-> 00:03:08,790 151 -can look inside of this little formation right here. Okay, 152 - 153 -39 154 -00:03:08,790 ~-~-> 00:03:13,650 155 -so this fractal, so the lowest candle is right there. 156 - 157 -40 158 -00:03:14,370 ~-~-> 00:03:16,950 159 -Alright, so we're going to take a look at inside that range 160 - 161 -41 162 -00:03:16,950 ~-~-> 00:03:26,970 163 -right there. And we're going to drop into lower timeframe 15 164 - 165 -42 166 -00:03:26,970 ~-~-> 00:03:30,990 167 -minute and want to take a closer look inside of that range. 168 - 169 -43 170 -00:03:30,990 ~-~-> 00:03:34,050 171 -So let's drop into the 15 minute timeframe. Alright, so we 172 - 173 -44 174 -00:03:34,050 ~-~-> 00:03:37,440 175 -have drilled down to a 15 minute time frame, and you can see 176 - 177 -45 178 -00:03:37,440 ~-~-> 00:03:42,000 179 -the lowest down close candle prior to the run up. And again, 180 - 181 -46 182 -00:03:42,090 ~-~-> 00:03:46,050 183 -all of these relatively equal highs, we see a run on stops 184 - 185 -47 186 -00:03:46,050 ~-~-> 00:03:51,450 187 -there and then it breaks lower. Your eye should be trained 188 - 189 -48 190 -00:03:51,450 ~-~-> 00:03:54,390 191 -and you do this with hindsight data, you teach yourself to 192 - 193 -49 194 -00:03:54,390 ~-~-> 00:03:57,600 195 -see this pattern. And you will find that there's a lot of 196 - 197 -50 198 -00:03:57,600 ~-~-> 00:04:00,630 199 -sensitivity to this particular level. So what I'm showing 200 - 201 -51 202 -00:04:00,630 ~-~-> 00:04:06,450 203 -you is a very specific level in price action, that you have 204 - 205 -52 206 -00:04:06,450 ~-~-> 00:04:09,180 207 -to look at some logic behind it. It's not just simply 208 - 209 -53 210 -00:04:09,180 ~-~-> 00:04:12,780 211 -looking at an old low old high in price turned here, price 212 - 213 -54 214 -00:04:12,780 ~-~-> 00:04:16,380 215 -turn there like support resistance. There has to be some 216 - 217 -55 218 -00:04:16,380 ~-~-> 00:04:19,950 219 -kind of context behind the level before you can have any 220 - 221 -56 222 -00:04:19,950 ~-~-> 00:04:24,090 223 -faith in it or at least that's what I teach. So the logic 224 - 225 -57 226 -00:04:24,090 ~-~-> 00:04:26,610 227 -behind this is we want to look at the last down closed 228 - 229 -58 230 -00:04:26,610 ~-~-> 00:04:30,330 231 -candle prior to this run up that clears all the bytes are 232 - 233 -59 234 -00:04:30,330 ~-~-> 00:04:35,760 235 -liquidity. If the market trades lower than this low, this 236 - 237 -60 238 -00:04:35,760 ~-~-> 00:04:40,590 239 -down close candle becomes my ICT bearish breaker. Okay, a 240 - 241 -61 242 -00:04:40,590 ~-~-> 00:04:49,530 243 -bearish breaker. We're going to highlight the range of that 244 - 245 -62 246 -00:04:49,530 ~-~-> 00:04:54,150 247 -candle right there. Okay. So now we're going to go forward 248 - 249 -63 250 -00:04:54,210 ~-~-> 00:04:57,450 251 -and we'll talk a little bit about this and how we can use it 252 - 253 -64 254 -00:04:57,480 ~-~-> 00:05:01,740 255 -with day of week Asian range, and we're going to implement 256 - 257 -65 258 -00:05:01,740 ~-~-> 00:05:03,720 259 -some things. And we'll talk a little bit about order blocks. 260 - 261 -66 262 -00:05:03,720 ~-~-> 00:05:09,270 263 -Also, this is an older block, but it is a bearish 264 - 265 -67 266 -00:05:10,380 ~-~-> 00:05:14,070 267 -candle that if it trades up to it, it will many times offer 268 - 269 -68 270 -00:05:14,100 ~-~-> 00:05:18,540 271 -a tradable setup. Now what is it tradable setup? For me, 272 - 273 -69 274 -00:05:18,540 ~-~-> 00:05:22,710 275 -that would be 1520 pips something to that effect. Now it 276 - 277 -70 278 -00:05:22,710 ~-~-> 00:05:26,910 279 -doesn't always work, nothing is absolutely 100%. But with 280 - 281 -71 282 -00:05:26,910 ~-~-> 00:05:30,810 283 -the right context, and some other things, it can provide you 284 - 285 -72 286 -00:05:30,810 ~-~-> 00:05:36,000 287 -a way to trade as your own model. This is all a trader can 288 - 289 -73 290 -00:05:36,210 ~-~-> 00:05:41,700 291 -use to find setups, it's not going to be appreciated the 292 - 293 -74 294 -00:05:41,700 ~-~-> 00:05:43,590 295 -first time you see something like this, but if you go 296 - 297 -75 298 -00:05:43,590 ~-~-> 00:05:45,270 299 -through your charts and study it, you're going to see that 300 - 301 -76 302 -00:05:45,270 ~-~-> 00:05:49,140 303 -there are many times setups that form over a period of a 304 - 305 -77 306 -00:05:49,140 ~-~-> 00:05:54,630 307 -month that you can find that offer 2030 pips, especially 308 - 309 -78 310 -00:05:54,630 ~-~-> 00:05:58,590 311 -using the hourly end or 15 minute timeframe. So we're gonna 312 - 313 -79 314 -00:05:58,920 ~-~-> 00:06:02,760 315 -scrub forward in time. And we're gonna back out a little bit 316 - 317 -80 318 -00:06:02,760 ~-~-> 00:06:06,480 319 -here. You can see the market does, in fact, trade up into 320 - 321 -81 322 -00:06:06,480 ~-~-> 00:06:10,860 323 -that today. And there's a resistance effect that takes place 324 - 325 -82 326 -00:06:11,040 ~-~-> 00:06:15,990 327 -and drops lower. Now by itself. That's really cool. I mean, 328 - 329 -83 330 -00:06:15,990 ~-~-> 00:06:18,570 331 -you don't need to see anything more, but I have more candy 332 - 333 -84 334 -00:06:18,570 ~-~-> 00:06:24,780 335 -for you. But there is nothing more needed to really find a 336 - 337 -85 338 -00:06:24,780 ~-~-> 00:06:29,250 339 -fascination with that breaker. But I want to give you some 340 - 341 -86 342 -00:06:29,250 ~-~-> 00:06:33,480 343 -more context, we are now seeing on a 15 minute timeframe. 344 - 345 -87 346 -00:06:33,630 ~-~-> 00:06:38,280 347 -Another bearish breaker, see that relative equal highs, 348 - 349 -88 350 -00:06:38,640 ~-~-> 00:06:42,000 351 -price breaks lower and then runs up clears out all the 352 - 353 -89 354 -00:06:42,000 ~-~-> 00:06:44,910 355 -orders that would be resting right above here. So what do we 356 - 357 -90 358 -00:06:44,910 ~-~-> 00:06:49,560 359 -do again, our eye goes to the last down close candle right 360 - 361 -91 362 -00:06:49,560 ~-~-> 00:06:54,720 363 -before the run up. This is your bearish breaker again. So 364 - 365 -92 366 -00:06:54,720 ~-~-> 00:06:57,360 367 -we'll come back to that in a moment. But I want you to think 368 - 369 -93 370 -00:06:57,360 ~-~-> 00:07:02,010 371 -about how extending with your imaginations align out in time 372 - 373 -94 374 -00:07:02,010 ~-~-> 00:07:05,970 375 -from the scandals Hi, this candles low extended out look at 376 - 377 -95 378 -00:07:05,970 ~-~-> 00:07:09,510 379 -the sensitivity rating here. See that notice it does not go 380 - 381 -96 382 -00:07:09,510 ~-~-> 00:07:12,300 383 -just to the bottoms of these candles here and then trade 384 - 385 -97 386 -00:07:12,300 ~-~-> 00:07:16,830 387 -lower. It trades inside of this down closed candles range 388 - 389 -98 390 -00:07:16,860 ~-~-> 00:07:23,040 391 -multiple times, and then trades lower. I'm going to show you 392 - 393 -99 394 -00:07:23,040 ~-~-> 00:07:29,670 395 -something regarding Fridays and Asian range. Now the Asian 396 - 397 -100 398 -00:07:29,670 ~-~-> 00:07:33,600 399 -range that we can classify that as 7pm to midnight, New York 400 - 401 -101 402 -00:07:33,600 ~-~-> 00:07:37,650 403 -time. Now I'm going to add some annotations. But before I do 404 - 405 -102 406 -00:07:37,650 ~-~-> 00:07:40,290 407 -that in your notes, in your study journal, if you're just 408 - 409 -103 410 -00:07:40,290 ~-~-> 00:07:42,540 411 -watching this video, like Netflix binge watching, then 412 - 413 -104 414 -00:07:42,540 ~-~-> 00:07:46,890 415 -you're really not doing yourself any service. But whenever 416 - 417 -105 418 -00:07:46,890 ~-~-> 00:07:49,620 419 -we're trading on Mondays, this is one of the reasons why I 420 - 421 -106 422 -00:07:49,620 ~-~-> 00:07:52,110 423 -don't like to trade on Monday. So it doesn't mean I won't 424 - 425 -107 426 -00:07:52,140 ~-~-> 00:07:56,010 427 -trade on Mondays, it just means one of the things that has 428 - 429 -108 430 -00:07:56,010 ~-~-> 00:08:01,680 431 -to be in play and it has to fit. Otherwise I won't trade one 432 - 433 -109 434 -00:08:01,680 ~-~-> 00:08:07,740 435 -a Monday, the idea of the Asian range not being utilized on 436 - 437 -110 438 -00:08:07,740 ~-~-> 00:08:11,460 439 -Mondays themselves and ours, the Asian range that you would 440 - 441 -111 442 -00:08:11,760 ~-~-> 00:08:17,190 443 -determine on Mondays data in my school of thought we do not 444 - 445 -112 446 -00:08:17,190 ~-~-> 00:08:20,490 447 -consider that. And the reason why is the algorithms actually 448 - 449 -113 450 -00:08:20,490 ~-~-> 00:08:24,630 451 -going to look at Friday's Asian range. Now, my long term 452 - 453 -114 454 -00:08:24,630 ~-~-> 00:08:28,710 455 -viewers they know this is true. It's been taught by me many 456 - 457 -115 458 -00:08:28,710 ~-~-> 00:08:32,670 459 -many years ago. And we've always referred to it when we're 460 - 461 -116 462 -00:08:32,670 ~-~-> 00:08:36,990 463 -talking about Mondays and or the Asian range. On Mondays we 464 - 465 -117 466 -00:08:36,990 ~-~-> 00:08:41,880 467 -refer to Friday's Asian range. So what we're saying is 468 - 469 -118 470 -00:08:42,720 ~-~-> 00:08:50,910 471 -Thursday 7pm to midnight, Friday, Eastern Standard Time. So 472 - 473 -119 474 -00:08:51,300 ~-~-> 00:08:54,570 475 -with that idea, we can take the Asian range that's on the 476 - 477 -120 478 -00:08:54,570 ~-~-> 00:09:00,030 479 -previous week's Friday and utilize that to get projections 480 - 481 -121 482 -00:09:00,720 ~-~-> 00:09:04,830 483 -on how far the market can build up into a specific level of 484 - 485 -122 486 -00:09:04,830 ~-~-> 00:09:08,850 487 -resistance. But it has to overlap with some other narrative. 488 - 489 -123 490 -00:09:09,630 ~-~-> 00:09:12,840 491 -And that narrative would be these two levels up here being 492 - 493 -124 494 -00:09:12,840 ~-~-> 00:09:16,980 495 -that bearish breaker. So let's flesh this out a little bit. 496 - 497 -125 498 -00:09:17,010 ~-~-> 00:09:22,560 499 -Alright, so we've added the Friday Asian range the previous 500 - 501 -126 502 -00:09:22,560 ~-~-> 00:09:29,370 503 -week, and I'm using the candles, wicks and tails. To 504 - 505 -127 506 -00:09:29,370 ~-~-> 00:09:33,660 507 -illustrate how the classic view of the Asian range is 508 - 509 -128 510 -00:09:34,170 ~-~-> 00:09:39,630 511 -interpreted. I do not always use the wicks and tails. I like 512 - 513 -129 514 -00:09:39,630 ~-~-> 00:09:42,450 515 -to use the bodies of the candles especially if they're very 516 - 517 -130 518 -00:09:42,450 ~-~-> 00:09:45,300 519 -clear and discernible as they are here. And what I mean by 520 - 521 -131 522 -00:09:45,300 ~-~-> 00:09:50,640 523 -that we're going to drop down to get to the highest close or 524 - 525 -132 526 -00:09:50,640 ~-~-> 00:09:54,390 527 -highest opening price towards the end of the range on the 528 - 529 -133 530 -00:09:54,390 ~-~-> 00:09:58,080 531 -high side on the low end. We look here which one has the 532 - 533 -134 534 -00:09:58,080 ~-~-> 00:10:03,900 535 -lower close or lower opening So the close here is 18 002. 536 - 537 -135 538 -00:10:04,860 ~-~-> 00:10:08,160 539 -And open on this is 18 002. So we'll 540 - 541 -136 542 -00:10:10,919 ~-~-> 00:10:17,669 543 -put our rectangle there. So there is our Asian range. 544 - 545 -137 546 -00:10:18,329 ~-~-> 00:10:21,269 547 -Alright, so we're using the previous Friday's Asian range 548 - 549 -138 550 -00:10:21,329 ~-~-> 00:10:27,329 551 -for Monday's trading. So it is being utilized for this 552 - 553 -139 554 -00:10:29,309 ~-~-> 00:10:33,659 555 -trading day. Alright, so we have the deletion for Monday's 556 - 557 -140 558 -00:10:33,659 ~-~-> 00:10:37,949 559 -trading the 16th of November, and the previous Friday's 560 - 561 -141 562 -00:10:37,979 ~-~-> 00:10:44,249 563 -Asian range. Now what you want to do is start getting 564 - 565 -142 566 -00:10:46,709 ~-~-> 00:10:54,329 567 -projections like this, and you can add out and this is for 568 - 569 -143 570 -00:10:54,329 ~-~-> 00:10:59,699 571 -the purpose of your study journal. And I'm gonna speed this 572 - 573 -144 574 -00:10:59,699 ~-~-> 00:11:02,999 575 -up, I'm not gonna sit here and do this for each one. But 576 - 577 -145 578 -00:11:02,999 ~-~-> 00:11:08,249 579 -this is essentially what you can do. Inside center, there. 580 - 581 -146 582 -00:11:08,969 ~-~-> 00:11:13,439 583 -Alright, and then you're gonna click clone and do the same 584 - 585 -147 586 -00:11:13,439 ~-~-> 00:11:17,189 587 -thing. And all they're doing is just expanding this up, and 588 - 589 -148 590 -00:11:17,189 ~-~-> 00:11:21,539 591 -laying them right on top of the previous rectangle and then 592 - 593 -149 594 -00:11:21,539 ~-~-> 00:11:28,289 595 -changing the annotation to another Asian ranging, I'm going 596 - 597 -150 598 -00:11:28,289 ~-~-> 00:11:31,349 599 -to speed this up, and we'll put this on the chart napkins. 600 - 601 -151 602 -00:11:31,499 ~-~-> 00:11:36,089 603 -Alright, so we have all of the Asian ranges stacked on top 604 - 605 -152 606 -00:11:36,089 ~-~-> 00:11:40,139 607 -of one another. And you can see it goes right to the top of 608 - 609 -153 610 -00:11:40,139 ~-~-> 00:11:45,209 611 -that high end of the breaker that we used as our initial 612 - 613 -154 614 -00:11:45,209 ~-~-> 00:11:52,199 615 -narrative. So we have 12345 Asian range projections. On the 616 - 617 -155 618 -00:11:52,229 ~-~-> 00:11:59,399 619 -upside, that overlap exactly with a bearish ICT breaker. The 620 - 621 -156 622 -00:11:59,399 ~-~-> 00:12:04,799 623 -levels are not just close. They're not. It's not just almost 624 - 625 -157 626 -00:12:04,799 ~-~-> 00:12:08,849 627 -there. It's right there. Okay, it's right at the top end. So 628 - 629 -158 630 -00:12:08,849 ~-~-> 00:12:12,929 631 -we have Asian range projections from the previous Friday 632 - 633 -159 634 -00:12:13,889 ~-~-> 00:12:17,729 635 -used or Monday's trading. So what you're seeing here is the 636 - 637 -160 638 -00:12:17,759 ~-~-> 00:12:22,499 639 -run up initially runs into the top of the bearish breaker 640 - 641 -161 642 -00:12:23,369 ~-~-> 00:12:27,839 643 -and the Asian range that is stacked up, there's there's five 644 - 645 -162 646 -00:12:27,839 ~-~-> 00:12:31,169 647 -of them. So there's five Asian range projections on the 648 - 649 -163 650 -00:12:31,169 ~-~-> 00:12:36,749 651 -upside. And we have the bearish breaker. So the market 652 - 653 -164 654 -00:12:36,749 ~-~-> 00:12:40,889 655 -trades there. And then from that point one, we'd seen market 656 - 657 -165 658 -00:12:41,249 ~-~-> 00:12:46,289 659 -break lower. And then we have this same breaker idea on the 660 - 661 -166 662 -00:12:46,289 ~-~-> 00:12:51,539 663 -15 minute timeframe. I'm just going to use a rectangle for 664 - 665 -167 666 -00:12:51,539 ~-~-> 00:12:53,579 667 -this one, just to speed things up. 668 - 669 -168 670 -00:13:00,809 ~-~-> 00:13:09,869 671 -And we'll just change it to read level. Okay. And so the 672 - 673 -169 674 -00:13:09,869 ~-~-> 00:13:13,679 675 -market trades multiple times after breaking below this 676 - 677 -170 678 -00:13:13,709 ~-~-> 00:13:18,149 679 -candle right there. That starts the breaker. So when it 680 - 681 -171 682 -00:13:18,149 ~-~-> 00:13:23,399 683 -moves away, it comes back up. It's trading inside of this to 684 - 685 -172 686 -00:13:23,399 ~-~-> 00:13:29,309 687 -mitigate all of the Long's that were in here. Anyone that 688 - 689 -173 690 -00:13:29,309 ~-~-> 00:13:33,629 691 -was long on a smart money level when I was traders on an 692 - 693 -174 694 -00:13:33,629 ~-~-> 00:13:36,269 695 -institutional level that were long here that may have been 696 - 697 -175 698 -00:13:36,269 ~-~-> 00:13:39,809 699 -caught off guard, they can now mitigate those positions. 700 - 701 -176 702 -00:13:39,809 ~-~-> 00:13:42,719 703 -It's not that they're buying it to push it up. That's not 704 - 705 -177 706 -00:13:42,719 ~-~-> 00:13:46,409 707 -what takes place here. Okay, that's not what goes on. This 708 - 709 -178 710 -00:13:46,409 ~-~-> 00:13:53,549 711 -is repricing. And then this is mitigation. So all of this is 712 - 713 -179 714 -00:13:53,549 ~-~-> 00:13:59,399 715 -the purpose of pairing up liquidity by side sell side. So 716 - 717 -180 718 -00:13:59,399 ~-~-> 00:14:03,869 719 -the market then breaks lower. What about this level down 720 - 721 -181 722 -00:14:03,869 ~-~-> 00:14:07,919 723 -here makes it significant? Well, if you go look at this 724 - 725 -182 726 -00:14:08,009 ~-~-> 00:14:10,979 727 -price run in here. Now I'm going to give you a moment to 728 - 729 -183 730 -00:14:10,979 ~-~-> 00:14:18,059 731 -look at it you tell me where there is a specific entry of 732 - 733 -184 734 -00:14:18,599 ~-~-> 00:14:23,879 735 -volatility. In all of this price run in here, let your eye 736 - 737 -185 738 -00:14:23,909 ~-~-> 00:14:29,069 739 -study all of that and it should jump to a specific reaction 740 - 741 -186 742 -00:14:29,069 ~-~-> 00:14:36,989 743 -in price noise Where is there a flurry of excitement? rating 744 - 745 -187 746 -00:14:36,989 ~-~-> 00:14:41,159 747 -here? Okay, this is displacement. So what we're doing is 748 - 749 -188 750 -00:14:41,159 ~-~-> 00:14:48,059 751 -we're looking at it. So here's some of these data we're 752 - 753 -189 754 -00:14:48,059 ~-~-> 00:14:52,349 755 -gonna kind of like blur that out for a moment. This is all 756 - 757 -190 758 -00:14:52,349 ~-~-> 00:14:55,649 759 -Friday's trading. So Friday's trading, where is the 760 - 761 -191 762 -00:14:55,979 ~-~-> 00:14:59,219 763 -displacement? Now it's where's the market, really trying to 764 - 765 -192 766 -00:14:59,219 ~-~-> 00:15:04,769 767 -show a willingness To go higher, right here. So your eye 768 - 769 -193 770 -00:15:04,769 ~-~-> 00:15:08,639 771 -goes right to this down closed candle prior to this run up, 772 - 773 -194 774 -00:15:08,669 ~-~-> 00:15:11,849 775 -because this displacement, the algorithm starts to run 776 - 777 -195 778 -00:15:12,179 ~-~-> 00:15:16,679 779 -higher, and then it trades back lower into this turning 780 - 781 -196 782 -00:15:16,679 ~-~-> 00:15:22,409 783 -point right here. So what you do is you want to take a level 784 - 785 -197 786 -00:15:25,169 ~-~-> 00:15:32,909 787 -and put it right on the down close. And we put this on a 788 - 789 -198 790 -00:15:33,089 ~-~-> 00:15:38,579 791 -magnet so you can see it goes right on the high, change it 792 - 793 -199 794 -00:15:38,579 ~-~-> 00:15:44,309 795 -to blue. So it really pops. Okay, and we're cutting through 796 - 797 -200 798 -00:15:44,309 ~-~-> 00:15:49,349 799 -all these candles. This is why I teach very adamantly that 800 - 801 -201 802 -00:15:49,349 ~-~-> 00:15:52,499 803 -what I'm teaching is not supply and demand, because supply 804 - 805 -202 806 -00:15:52,499 ~-~-> 00:15:56,879 807 -and demand says, Don't cut through candles, they demand no 808 - 809 -203 810 -00:15:56,879 ~-~-> 00:16:02,729 811 -pun intended. They require they call it fresh levels. Well, 812 - 813 -204 814 -00:16:02,759 ~-~-> 00:16:06,359 815 -there's nothing stale about this down close candle because 816 - 817 -205 818 -00:16:06,359 ~-~-> 00:16:10,349 819 -it's my ICT bullish order block. It's just being reclaimed. 820 - 821 -206 822 -00:16:10,439 ~-~-> 00:16:15,329 823 -So we have this specific price level here. It runs higher, 824 - 825 -207 826 -00:16:16,139 ~-~-> 00:16:18,659 827 -creates an imbalance it comes down rebalances that and 828 - 829 -208 830 -00:16:18,659 ~-~-> 00:16:21,929 831 -trades right back into this bullish order block. extend that 832 - 833 -209 834 -00:16:21,929 ~-~-> 00:16:25,559 835 -through time, all the way through Sunday. We don't really 836 - 837 -210 838 -00:16:25,559 ~-~-> 00:16:28,049 839 -care so much about Sunday's data. And then we have the 840 - 841 -211 842 -00:16:28,049 ~-~-> 00:16:31,349 843 -bearish breaker that trades exactly into the bullish order 844 - 845 -212 846 -00:16:31,349 ~-~-> 00:16:36,659 847 -block right there. Then price runs higher trades back down 848 - 849 -213 850 -00:16:36,659 ~-~-> 00:16:39,809 851 -into the last down close candle. So we optimal trade entry 852 - 853 -214 854 -00:16:39,839 ~-~-> 00:16:43,379 855 -here in the New York session. So remember what I started 856 - 857 -215 858 -00:16:43,379 ~-~-> 00:16:46,709 859 -this video with my students knew and had been focusing on a 860 - 861 -216 862 -00:16:46,709 ~-~-> 00:16:51,239 863 -bearish dollar. I gave you a short little video clip on my 864 - 865 -217 866 -00:16:51,239 ~-~-> 00:16:55,049 867 -YouTube channels and the story section. For whatever reason, 868 - 869 -218 870 -00:16:55,049 ~-~-> 00:16:58,019 871 -it's easier for me to find the stories when I'm using my 872 - 873 -219 874 -00:16:58,019 ~-~-> 00:17:03,569 875 -mobile. So now if I log into YouTube, using my phone, I can 876 - 877 -220 878 -00:17:03,569 ~-~-> 00:17:09,539 879 -click on my logo, my ICT logo when it's red. And if I click 880 - 881 -221 882 -00:17:09,539 ~-~-> 00:17:12,479 883 -on that, it plays my story that I just recently uploaded. 884 - 885 -222 886 -00:17:12,959 ~-~-> 00:17:16,739 887 -And the most recent one I did was a short little video and 888 - 889 -223 890 -00:17:16,739 ~-~-> 00:17:23,309 891 -it was showing the bullishness set up that was on last 892 - 893 -224 894 -00:17:23,309 ~-~-> 00:17:26,519 895 -Tuesday on euro dollar and projections that would lead to 896 - 897 -225 898 -00:17:26,519 ~-~-> 00:17:30,209 899 -relative equal highs being taken out. Again, my 900 - 901 -226 902 -00:17:30,210 ~-~-> 00:17:33,180 903 -students knew and have been focusing with me on bearish 904 - 905 -227 906 -00:17:33,180 ~-~-> 00:17:35,700 907 -dollar, we're not flip flopping around, we've been looking 908 - 909 -228 910 -00:17:35,700 ~-~-> 00:17:38,700 911 -for bearish dollar. So we've been looking for bullish euro. 912 - 913 -229 914 -00:17:39,180 ~-~-> 00:17:42,750 915 -I have not been wanting to trade, British Pound so that way 916 - 917 -230 918 -00:17:42,750 ~-~-> 00:17:46,380 919 -we know in full disclosure, our focus as a group and 920 - 921 -231 922 -00:17:46,380 ~-~-> 00:17:50,130 923 -community we've been focusing on eurodollar. So we have 924 - 925 -232 926 -00:17:50,190 ~-~-> 00:17:52,980 927 -several components here we have market running up into on 928 - 929 -233 930 -00:17:52,980 ~-~-> 00:17:56,790 931 -Monday to a bearish breaker and all of these Asian range 932 - 933 -234 934 -00:17:56,820 ~-~-> 00:18:02,070 935 -overlapping. So the algorithm uses this range on a previous 936 - 937 -235 938 -00:18:02,070 ~-~-> 00:18:07,380 939 -Friday when the bias is discernible. In other words, if 940 - 941 -236 942 -00:18:07,380 ~-~-> 00:18:12,450 943 -we're bullish on the start of the week, as we have been in 944 - 945 -237 946 -00:18:12,450 ~-~-> 00:18:16,020 947 -our community, Euro should trade higher, it doesn't mean it 948 - 949 -238 950 -00:18:16,020 ~-~-> 00:18:19,050 951 -will absolutely do. So it just means that we go in looking 952 - 953 -239 954 -00:18:19,050 ~-~-> 00:18:23,400 955 -for things that line up to build evidence to structure a 956 - 957 -240 958 -00:18:23,400 ~-~-> 00:18:27,600 959 -trade around a narrative that we anticipate, okay, we're not 960 - 961 -241 962 -00:18:28,020 ~-~-> 00:18:30,630 963 -guessing we're not trying to catch up. Okay, we're not 964 - 965 -242 966 -00:18:30,630 ~-~-> 00:18:34,980 967 -surprised. We're looking for things that are very 968 - 969 -243 970 -00:18:35,850 ~-~-> 00:18:40,590 971 -systematic, and the overlap to confirm a narrative. So this 972 - 973 -244 974 -00:18:40,590 ~-~-> 00:18:45,150 975 -idea of projecting the Asian range is higher. It's a 976 - 977 -245 978 -00:18:45,150 ~-~-> 00:18:48,210 979 -specific measurement the algorithm will reach for, okay, 980 - 981 -246 982 -00:18:48,210 ~-~-> 00:18:54,540 983 -it's not a Fibonacci sequence. It's not a Elliott Wave 984 - 985 -247 986 -00:18:54,570 ~-~-> 00:18:58,050 987 -thing. It's not something harmonic. It's a very generic 988 - 989 -248 990 -00:18:58,050 ~-~-> 00:19:04,290 991 -mathematical utilization of a predetermined price range that 992 - 993 -249 994 -00:19:04,290 ~-~-> 00:19:07,860 995 -is static. This range is static, it doesn't move around. 996 - 997 -250 998 -00:19:07,860 ~-~-> 00:19:11,190 999 -It's a specific element of time when it begins and when it 1000 - 1001 -251 1002 -00:19:11,190 ~-~-> 00:19:14,820 1003 -ends, we get the highest high the lowest low and or as I 1004 - 1005 -252 1006 -00:19:14,820 ~-~-> 00:19:17,550 1007 -like to use it, the bodies of the candles. Okay, so I like 1008 - 1009 -253 1010 -00:19:17,550 ~-~-> 00:19:22,110 1011 -to look at the highest body and the lowest body, neck can 1012 - 1013 -254 1014 -00:19:22,110 ~-~-> 00:19:24,690 1015 -either be the open or the close, whichever is the highest or 1016 - 1017 -255 1018 -00:19:24,690 ~-~-> 00:19:27,870 1019 -the lowest and difference to the range of the of the Asian 1020 - 1021 -256 1022 -00:19:27,870 ~-~-> 00:19:31,860 1023 -range. Get that measurement, you project that up until it 1024 - 1025 -257 1026 -00:19:31,890 ~-~-> 00:19:36,030 1027 -overlaps with a with another key level. The key level is 1028 - 1029 -258 1030 -00:19:36,210 ~-~-> 00:19:39,930 1031 -that bearish breaker. It trades up into here, look at the 1032 - 1033 -259 1034 -00:19:39,930 ~-~-> 00:19:44,340 1035 -precision folks. It's beautiful. The top of the breaker 1036 - 1037 -260 1038 -00:19:44,370 ~-~-> 00:19:50,940 1039 -comes in at 1.18682. And it was only off by half a pip 1040 - 1041 -261 1042 -00:19:51,060 ~-~-> 00:19:57,810 1043 -because the high Here comes in at 1.18687. So that's five 1044 - 1045 -262 1046 -00:19:57,810 ~-~-> 00:20:03,330 1047 -PIP bets, or one half of one PIP Then it turns, creates the 1048 - 1049 -263 1050 -00:20:03,330 ~-~-> 00:20:06,120 1051 -bearish breaker here trades right down into a bullish order 1052 - 1053 -264 1054 -00:20:06,120 ~-~-> 00:20:09,150 1055 -block, your eye goes to this one because it shows 1056 - 1057 -265 1058 -00:20:09,150 ~-~-> 00:20:13,590 1059 -displacement there. Now, it's not that every down closed 1060 - 1061 -266 1062 -00:20:13,590 ~-~-> 00:20:16,440 1063 -candle like you see folks on YouTube there, you think they 1064 - 1065 -267 1066 -00:20:16,440 ~-~-> 00:20:22,830 1067 -understand my order block theory. And it's not as easy as it 1068 - 1069 -268 1070 -00:20:22,830 ~-~-> 00:20:26,160 1071 -may seem the first look at it. Now it's easy to go back in 1072 - 1073 -269 1074 -00:20:26,160 ~-~-> 00:20:28,620 1075 -hindsight and say, Here's where that word block was. And 1076 - 1077 -270 1078 -00:20:28,620 ~-~-> 00:20:31,110 1079 -that's what unfortunately, a lot of people do on YouTube. 1080 - 1081 -271 1082 -00:20:31,560 ~-~-> 00:20:34,650 1083 -And that's why I get a little upset because what they're 1084 - 1085 -272 1086 -00:20:34,650 ~-~-> 00:20:37,530 1087 -doing with their audience is a disservice because they're 1088 - 1089 -273 1090 -00:20:37,530 ~-~-> 00:20:41,550 1091 -really not teaching anything. You're teaching them by 1092 - 1093 -274 1094 -00:20:41,550 ~-~-> 00:20:45,270 1095 -default that every down closed candle is a potential order 1096 - 1097 -275 1098 -00:20:45,270 ~-~-> 00:20:48,690 1099 -block when it's not. It is not you need to have a 1100 - 1101 -276 1102 -00:20:48,690 ~-~-> 00:20:51,750 1103 -displacement. Within a narrative. The narrative is we're 1104 - 1105 -277 1106 -00:20:51,750 ~-~-> 00:20:55,770 1107 -bullish euro. Okay, we have been bearish dollar. We didn't 1108 - 1109 -278 1110 -00:20:55,770 ~-~-> 00:20:58,650 1111 -just become bearish for this example. For weeks, we've been 1112 - 1113 -279 1114 -00:20:58,680 ~-~-> 00:21:03,030 1115 -talking about the likelihood that dollar would go lower. So 1116 - 1117 -280 1118 -00:21:03,600 ~-~-> 00:21:09,900 1119 -our bias has been on point. The reverse of that is a bullish 1120 - 1121 -281 1122 -00:21:10,080 ~-~-> 00:21:13,500 1123 -foreign currency. And I have told my community I'm not 1124 - 1125 -282 1126 -00:21:13,500 ~-~-> 00:21:16,200 1127 -trying to trade cable. So what does that mean? If I'm not 1128 - 1129 -283 1130 -00:21:16,200 ~-~-> 00:21:18,600 1131 -trying to trade cable, which is British Pound versus the US 1132 - 1133 -284 1134 -00:21:18,600 ~-~-> 00:21:22,770 1135 -dollar, and we are focusing on euro for study, all of our 1136 - 1137 -285 1138 -00:21:22,770 ~-~-> 00:21:25,860 1139 -attention has been on this particular currency pair. So 1140 - 1141 -286 1142 -00:21:26,369 ~-~-> 00:21:32,219 1143 -we look for levels that line up and logic to support the 1144 - 1145 -287 1146 -00:21:32,219 ~-~-> 00:21:35,609 1147 -underlying narrative of a bearish dollar bullish euro. So 1148 - 1149 -288 1150 -00:21:35,609 ~-~-> 00:21:39,269 1151 -for bullish euro, we're going to start to use time elements 1152 - 1153 -289 1154 -00:21:39,269 ~-~-> 00:21:41,939 1155 -that are algorithmic, the algorithmic principle of using the 1156 - 1157 -290 1158 -00:21:41,939 ~-~-> 00:21:46,349 1159 -Asian range on a previous Friday, and that of on Monday, we 1160 - 1161 -291 1162 -00:21:46,349 ~-~-> 00:21:52,199 1163 -ignore it. Because the Asian range on Mondays is skewed. We 1164 - 1165 -292 1166 -00:21:52,199 ~-~-> 00:21:55,979 1167 -don't use it for any purposes like this, we have to revert 1168 - 1169 -293 1170 -00:21:55,979 ~-~-> 00:22:02,069 1171 -to the previous week's range. Now, my question to you is, if 1172 - 1173 -294 1174 -00:22:02,069 ~-~-> 00:22:05,939 1175 -the markets were not algorithmic, and programmed to run to 1176 - 1177 -295 1178 -00:22:05,939 ~-~-> 00:22:09,179 1179 -predetermine logical levels, and how on earth are these 1180 - 1181 -296 1182 -00:22:09,179 ~-~-> 00:22:12,839 1183 -levels being so precise, and why does it matter with these 1184 - 1185 -297 1186 -00:22:12,839 ~-~-> 00:22:16,589 1187 -ranges here, because it's not random. If you do this, and 1188 - 1189 -298 1190 -00:22:16,589 ~-~-> 00:22:21,869 1191 -you study this over a year, okay, go back through and study 1192 - 1193 -299 1194 -00:22:21,869 ~-~-> 00:22:23,759 1195 -when the market was bullish and bearish. And you'll have the 1196 - 1197 -300 1198 -00:22:23,759 ~-~-> 00:22:26,219 1199 -context, as I'm outlining here, because you don't have the 1200 - 1201 -301 1202 -00:22:26,219 ~-~-> 00:22:30,179 1203 -benefit of the community that I have, where I've told them 1204 - 1205 -302 1206 -00:22:30,209 ~-~-> 00:22:33,239 1207 -in advance that the dollar is bearish and foreign currency 1208 - 1209 -303 1210 -00:22:33,239 ~-~-> 00:22:37,469 1211 -in this case, Euro specifically, was bullish. So you don't 1212 - 1213 -304 1214 -00:22:37,469 ~-~-> 00:22:40,709 1215 -have that you have that only as a hindsight example, but I 1216 - 1217 -305 1218 -00:22:40,709 ~-~-> 00:22:44,309 1219 -have thousands of people that sit with me and I outline 1220 - 1221 -306 1222 -00:22:44,309 ~-~-> 00:22:47,699 1223 -this, and I talk about how euro is bullish dollar is 1224 - 1225 -307 1226 -00:22:47,699 ~-~-> 00:22:51,149 1227 -bearish. And then you learn by taking the concepts that I 1228 - 1229 -308 1230 -00:22:51,149 ~-~-> 00:22:54,959 1231 -teach, and you plug them in to the price action and over a 1232 - 1233 -309 1234 -00:22:54,959 ~-~-> 00:22:59,639 1235 -period of time, seeing example, after example, you learn by 1236 - 1237 -310 1238 -00:22:59,639 ~-~-> 00:23:04,019 1239 -experience, there's no plug in play by watching a video, you 1240 - 1241 -311 1242 -00:23:04,019 ~-~-> 00:23:07,529 1243 -have to plug yourself in front of a computer screen and 1244 - 1245 -312 1246 -00:23:07,529 ~-~-> 00:23:11,189 1247 -study. It isn't an easy thing. It's not something that's 1248 - 1249 -313 1250 -00:23:11,189 ~-~-> 00:23:15,029 1251 -going to happen for you real fast. It's complicated, because 1252 - 1253 -314 1254 -00:23:15,029 ~-~-> 00:23:18,599 1255 -you have to put in a lot of time and effort. But there's 1256 - 1257 -315 1258 -00:23:18,599 ~-~-> 00:23:22,409 1259 -nothing like this, folks, there's no other school of thought 1260 - 1261 -316 1262 -00:23:22,439 ~-~-> 00:23:25,169 1263 -there is no other educator out there. There is no other 1264 - 1265 -317 1266 -00:23:25,169 ~-~-> 00:23:28,409 1267 -trader out there. And I'm sitting here waiting for someone 1268 - 1269 -318 1270 -00:23:28,409 ~-~-> 00:23:30,569 1271 -else to come out here and try to put their system or 1272 - 1273 -319 1274 -00:23:30,719 ~-~-> 00:23:34,469 1275 -methodology against this, because they can't do it. They 1276 - 1277 -320 1278 -00:23:34,469 ~-~-> 00:23:38,669 1279 -cannot do it. So if you're looking for things that are going 1280 - 1281 -321 1282 -00:23:38,669 ~-~-> 00:23:44,309 1283 -to be highly precise, you're going to find that in my 1284 - 1285 -322 1286 -00:23:44,309 ~-~-> 00:23:48,689 1287 -teachings, but you're not going to learn it real quick. 1288 - 1289 -323 1290 -00:23:48,719 ~-~-> 00:23:51,659 1291 -That's why I operate a mentorship because you're borrowing 1292 - 1293 -324 1294 -00:23:51,659 ~-~-> 00:23:54,929 1295 -my experience. My foresight, when I look at the charts, I'm 1296 - 1297 -325 1298 -00:23:54,929 ~-~-> 00:23:59,669 1299 -not guessing. I'm telling you as a community, what it is 1300 - 1301 -326 1302 -00:23:59,669 ~-~-> 00:24:02,999 1303 -that I anticipate I'm pointing, and then you can go in and 1304 - 1305 -327 1306 -00:24:02,999 ~-~-> 00:24:06,899 1307 -use the concepts that I teach. And you'll see the setups 1308 - 1309 -328 1310 -00:24:06,899 ~-~-> 00:24:10,739 1311 -forming. Now, what's interesting is, imagine for a moment 1312 - 1313 -329 1314 -00:24:10,889 ~-~-> 00:24:15,899 1315 -that you were part of the community. If you were 1316 - 1317 -330 1318 -00:24:16,079 ~-~-> 00:24:18,749 1319 -anticipating higher prices on euro, you could have used this 1320 - 1321 -331 1322 -00:24:18,779 ~-~-> 00:24:23,249 1323 -scenario here to be a buyer in your studies on Friday of 1324 - 1325 -332 1326 -00:24:23,249 ~-~-> 00:24:27,689 1327 -last week. And using this idea as a target and you would 1328 - 1329 -333 1330 -00:24:27,689 ~-~-> 00:24:30,509 1331 -hold over the weekend if you were inclined to feel that 1332 - 1333 -334 1334 -00:24:30,539 ~-~-> 00:24:34,169 1335 -confident about it. And if it traded up to this level here, 1336 - 1337 -335 1338 -00:24:34,199 ~-~-> 00:24:38,009 1339 -which is the bearish breaker and all of these projected 1340 - 1341 -336 1342 -00:24:38,009 ~-~-> 00:24:40,979 1343 -Asian ranges from the previous week, that would be a target 1344 - 1345 -337 1346 -00:24:40,979 ~-~-> 00:24:43,529 1347 -or just before it gets to that level or maybe at the low end 1348 - 1349 -338 1350 -00:24:43,529 ~-~-> 00:24:46,829 1351 -of the breaker. That would be a target. So between getting 1352 - 1353 -339 1354 -00:24:46,829 ~-~-> 00:24:49,199 1355 -in here on optimal trade entry with a bullish order block 1356 - 1357 -340 1358 -00:24:49,649 ~-~-> 00:24:52,409 1359 -and getting out at the low end of this range here on Monday. 1360 - 1361 -341 1362 -00:24:52,529 ~-~-> 00:24:58,619 1363 -Today's trading that's a pretty decent price run for a short 1364 - 1365 -342 1366 -00:24:58,619 ~-~-> 00:25:03,749 1367 -term trade. Now, if you are a contrarian trader, and you 1368 - 1369 -343 1370 -00:25:03,749 ~-~-> 00:25:07,559 1371 -know that Mondays tend to be a consolidation retracement 1372 - 1373 -344 1374 -00:25:07,559 ~-~-> 00:25:12,419 1375 -that sets up a continuation of a longer term price move, we 1376 - 1377 -345 1378 -00:25:12,419 ~-~-> 00:25:15,839 1379 -could look at this area here as a short term, contrarian, 1380 - 1381 -346 1382 -00:25:16,079 ~-~-> 00:25:20,639 1383 -short. And you can trade this right here, when the 1384 - 1385 -347 1386 -00:25:20,639 ~-~-> 00:25:23,429 1387 -anticipation it would trade back to this area here, which is 1388 - 1389 -348 1390 -00:25:24,539 ~-~-> 00:25:27,059 1391 -highly sensitive. I mean, look at the bodies of the candles 1392 - 1393 -349 1394 -00:25:27,059 ~-~-> 00:25:29,549 1395 -here. Yes, you have a small little tail here and a very 1396 - 1397 -350 1398 -00:25:29,549 ~-~-> 00:25:33,299 1399 -small little tail on this one. But it's going basically back 1400 - 1401 -351 1402 -00:25:33,299 ~-~-> 00:25:38,129 1403 -into this candle. to higher that candle comes in at 1.8 to 1404 - 1405 -352 1406 -00:25:38,159 ~-~-> 00:25:43,949 1407 -15. And one PIP that to close on this candle comes in at 1408 - 1409 -353 1410 -00:25:44,399 ~-~-> 00:25:47,069 1411 -1.1815 and one PIP that 1412 - 1413 -354 1414 -00:25:48,930 ~-~-> 00:25:51,450 1415 -it's real hard to get closer to that except for being 1416 - 1417 -355 1418 -00:25:51,450 ~-~-> 00:25:54,090 1419 -perfect. And that right there friends is really, really 1420 - 1421 -356 1422 -00:25:54,090 ~-~-> 00:25:58,620 1423 -precise. And the sensitivity there is this dynamic, optimal 1424 - 1425 -357 1426 -00:25:58,620 ~-~-> 00:26:02,280 1427 -trade entry. This gives you an a trade here. So running back 1428 - 1429 -358 1430 -00:26:02,280 ~-~-> 00:26:05,610 1431 -up into the breaker and maybe potentially running above this 1432 - 1433 -359 1434 -00:26:05,610 ~-~-> 00:26:08,190 1435 -high. That could be a scenario here, but you would be taking 1436 - 1437 -360 1438 -00:26:08,190 ~-~-> 00:26:14,460 1439 -logical scaling of partial position exits along the way. But 1440 - 1441 -361 1442 -00:26:14,460 ~-~-> 00:26:16,950 1443 -count the number of trade setups just by looking at how the 1444 - 1445 -362 1446 -00:26:16,950 ~-~-> 00:26:21,120 1447 -market swings and gyrates both directions. We have a long in 1448 - 1449 -363 1450 -00:26:21,120 ~-~-> 00:26:28,650 1451 -here, potential short here, a long in here and long in here. 1452 - 1453 -364 1454 -00:26:28,950 ~-~-> 00:26:32,070 1455 -So there's multiple trades in here. And it depends on what 1456 - 1457 -365 1458 -00:26:32,070 ~-~-> 00:26:37,800 1459 -your style of trading is. I don't force contrarian setups on 1460 - 1461 -366 1462 -00:26:37,800 ~-~-> 00:26:41,700 1463 -my students, I don't force trend continuation on my 1464 - 1465 -367 1466 -00:26:41,700 ~-~-> 00:26:45,510 1467 -students, I allow them to grow organically with the content 1468 - 1469 -368 1470 -00:26:45,510 ~-~-> 00:26:49,650 1471 -and the concepts. You all may be looking at this and say, 1472 - 1473 -369 1474 -00:26:49,680 ~-~-> 00:26:52,740 1475 -Okay, I can see this setup, but I don't really see this one 1476 - 1477 -370 1478 -00:26:52,740 ~-~-> 00:26:57,030 1479 -here as a short, and I don't see this one as a long, I don't 1480 - 1481 -371 1482 -00:26:57,030 ~-~-> 00:27:01,350 1483 -see this as a sell. Some of you may see that SSL. You see 1484 - 1485 -372 1486 -00:27:01,350 ~-~-> 00:27:05,850 1487 -what I mean by that it's, I'm allowing the students to find 1488 - 1489 -373 1490 -00:27:05,850 ~-~-> 00:27:11,310 1491 -their choice setup, their specific bread and butter setup. 1492 - 1493 -374 1494 -00:27:11,910 ~-~-> 00:27:15,600 1495 -And whatever that setup is, once you gravitate towards it, 1496 - 1497 -375 1498 -00:27:15,900 ~-~-> 00:27:19,830 1499 -you don't try to improve upon your trading by including 1500 - 1501 -376 1502 -00:27:19,830 ~-~-> 00:27:25,710 1503 -something else. You latch on like a pitbull on a pork chop, 1504 - 1505 -377 1506 -00:27:25,980 ~-~-> 00:27:29,190 1507 -you say this is what is my setup, this is my model, and you 1508 - 1509 -378 1510 -00:27:29,190 ~-~-> 00:27:32,280 1511 -work with that for a minimum of six months. And you're going 1512 - 1513 -379 1514 -00:27:32,280 ~-~-> 00:27:35,160 1515 -to find that you know exactly what you're looking for, 1516 - 1517 -380 1518 -00:27:35,160 ~-~-> 00:27:38,400 1519 -because that pattern will repeat. And what I mean by that, 1520 - 1521 -381 1522 -00:27:39,270 ~-~-> 00:27:42,480 1523 -well, this pattern here is the bearish breaker there that's 1524 - 1525 -382 1526 -00:27:42,510 ~-~-> 00:27:45,720 1527 -that's a short trades down into this bullish order block 1528 - 1529 -383 1530 -00:27:45,720 ~-~-> 00:27:51,600 1531 -right there. Okay, that's a setup, that's a sell, just as 1532 - 1533 -384 1534 -00:27:51,690 ~-~-> 00:28:02,700 1535 -well as this trade here to here is a sell. But based on this 1536 - 1537 -385 1538 -00:28:02,700 ~-~-> 00:28:05,670 1539 -breaker, you just have to wait for to trade all up into it 1540 - 1541 -386 1542 -00:28:05,670 ~-~-> 00:28:10,590 1543 -here. So this is the same pattern that is seen here. It just 1544 - 1545 -387 1546 -00:28:10,590 ~-~-> 00:28:16,110 1547 -takes longer for this pattern to come into a setup where 1548 - 1549 -388 1550 -00:28:16,110 ~-~-> 00:28:20,490 1551 -it's valid now, until it gets to this level. This breaker is 1552 - 1553 -389 1554 -00:28:20,490 ~-~-> 00:28:24,690 1555 -just something that's sitting in waiting. Now you may look 1556 - 1557 -390 1558 -00:28:24,690 ~-~-> 00:28:28,440 1559 -at this and say, You know what? There's no way I would trade 1560 - 1561 -391 1562 -00:28:28,440 ~-~-> 00:28:30,870 1563 -that. And maybe you're looking at this run here and saying 1564 - 1565 -392 1566 -00:28:30,870 ~-~-> 00:28:34,530 1567 -doesn't that negate that? No, just like I outlined here with 1568 - 1569 -393 1570 -00:28:34,530 ~-~-> 00:28:37,230 1571 -the bullish order block. There, we're cutting through 1572 - 1573 -394 1574 -00:28:37,230 ~-~-> 00:28:43,170 1575 -candles. My order block theory does not have a limitation on 1576 - 1577 -395 1578 -00:28:43,680 ~-~-> 00:28:46,230 1579 -you can't cut through candles. That's what supply and demand 1580 - 1581 -396 1582 -00:28:46,230 ~-~-> 00:28:50,070 1583 -guys do. I'm not supplying to me. I'm looking at it like the 1584 - 1585 -397 1586 -00:28:50,070 ~-~-> 00:28:52,590 1587 -algorithm does. The algorithm is going to remember these 1588 - 1589 -398 1590 -00:28:52,590 ~-~-> 00:28:56,520 1591 -levels because it's significant. It's salient to what the 1592 - 1593 -399 1594 -00:28:56,520 ~-~-> 00:29:00,750 1595 -price action is going to require to refer to on the near 1596 - 1597 -400 1598 -00:29:00,750 ~-~-> 00:29:03,090 1599 -term basis. And what I mean by that when we're looking at 1600 - 1601 -401 1602 -00:29:03,090 ~-~-> 00:29:11,070 1603 -price. Go CD is flaring right there. It's gotta look the way 1604 - 1605 -402 1606 -00:29:11,070 ~-~-> 00:29:14,820 1607 -I want it, folks, I'm sorry. The price is going to refer 1608 - 1609 -403 1610 -00:29:14,820 ~-~-> 00:29:19,530 1611 -back to specific levels that are key in reference to 1612 - 1613 -404 1614 -00:29:19,530 ~-~-> 00:29:23,970 1615 -specific elements of time. Now what I've given you here is a 1616 - 1617 -405 1618 -00:29:24,000 ~-~-> 00:29:27,000 1619 -lesson that really builds on what I've taught in the past 1620 - 1621 -406 1622 -00:29:27,000 ~-~-> 00:29:30,300 1623 -regarding Asian range not being used on Mondays but using 1624 - 1625 -407 1626 -00:29:30,300 ~-~-> 00:29:34,020 1627 -the previous Friday's Asian range. So you can see that this 1628 - 1629 -408 1630 -00:29:34,020 ~-~-> 00:29:37,920 1631 -is not a contrived form fitted thing. It fits all of the 1632 - 1633 -409 1634 -00:29:37,920 ~-~-> 00:29:41,820 1635 -logic that I've taught with the previous discussion with 1636 - 1637 -410 1638 -00:29:41,820 ~-~-> 00:29:47,340 1639 -Asian range and with that, a Friday's data not Monday. So in 1640 - 1641 -411 1642 -00:29:47,340 ~-~-> 00:29:51,480 1643 -your journals, you want to make a notation that on Mondays 1644 - 1645 -412 1646 -00:29:51,480 ~-~-> 00:29:56,610 1647 -we do not refer to Asian range. It's not important it's not 1648 - 1649 -413 1650 -00:29:56,610 ~-~-> 00:30:01,800 1651 -crucial. It's not required to find Precision you use the 1652 - 1653 -414 1654 -00:30:01,800 ~-~-> 00:30:07,050 1655 -previous Friday. Now, the caveat to that is the Friday's 1656 - 1657 -415 1658 -00:30:07,050 ~-~-> 00:30:12,360 1659 -Asian range is only useful if a bias is underway. That means 1660 - 1661 -416 1662 -00:30:12,510 ~-~-> 00:30:15,510 1663 -are we in a buy program or a sell program, what is a buy 1664 - 1665 -417 1666 -00:30:15,510 ~-~-> 00:30:18,570 1667 -program by program is simply we're in a bullish market and 1668 - 1669 -418 1670 -00:30:18,570 ~-~-> 00:30:21,030 1671 -it's probably going to keep going higher. If we're going to 1672 - 1673 -419 1674 -00:30:21,030 ~-~-> 00:30:23,550 1675 -sell program, then that means that the markets moving lower 1676 - 1677 -420 1678 -00:30:23,550 ~-~-> 00:30:25,950 1679 -and it's probably going to continue moving lower. So we 1680 - 1681 -421 1682 -00:30:25,950 ~-~-> 00:30:29,310 1683 -would use the Asian range in a bearish scenario, we would 1684 - 1685 -422 1686 -00:30:29,310 ~-~-> 00:30:34,260 1687 -project the Asian range lower to get potential overlapping 1688 - 1689 -423 1690 -00:30:34,260 ~-~-> 00:30:37,230 1691 -with a key level like outlined here with the bearish 1692 - 1693 -424 1694 -00:30:37,230 ~-~-> 00:30:37,800 1695 -breaker. 1696 - 1697 -425 1698 -00:30:39,240 ~-~-> 00:30:42,930 1699 -The patterns themselves are repeating on different 1700 - 1701 -426 1702 -00:30:42,930 ~-~-> 00:30:45,900 1703 -timeframes, just like this one here is a reaction in the 1704 - 1705 -427 1706 -00:30:45,900 ~-~-> 00:30:50,280 1707 -bearish breaker by scrolling back to the left as I shown, or 1708 - 1709 -428 1710 -00:30:50,280 ~-~-> 00:30:52,710 1711 -you can trade it on a smaller one here where it just creates 1712 - 1713 -429 1714 -00:30:52,710 ~-~-> 00:30:56,610 1715 -in the near term price action, hits it and then offers a 1716 - 1717 -430 1718 -00:30:56,610 ~-~-> 00:31:00,360 1719 -trade there as well. So it's a matter of understanding what 1720 - 1721 -431 1722 -00:31:00,360 ~-~-> 00:31:03,720 1723 -it is you want to trade with the things that I teach, and 1724 - 1725 -432 1726 -00:31:03,720 ~-~-> 00:31:08,130 1727 -trying not to apply every possible moving part that's 1728 - 1729 -433 1730 -00:31:08,130 ~-~-> 00:31:13,710 1731 -available in my library. Now, what I just showed you here is 1732 - 1733 -434 1734 -00:31:13,740 ~-~-> 00:31:19,260 1735 -multiple models, in and of itself. Any one of these could be 1736 - 1737 -435 1738 -00:31:19,260 ~-~-> 00:31:24,150 1739 -your setup. But using all of this idea of the frame and a 1740 - 1741 -436 1742 -00:31:24,150 ~-~-> 00:31:26,010 1743 -narrative and I know some of you, you're thinking, well, 1744 - 1745 -437 1746 -00:31:26,010 ~-~-> 00:31:28,380 1747 -this isn't easy, like I thought it was going to be like 1748 - 1749 -438 1750 -00:31:28,380 ~-~-> 00:31:32,790 1751 -overbought, oversold divergence. Well, right, I promised it 1752 - 1753 -439 1754 -00:31:32,790 ~-~-> 00:31:35,550 1755 -was going to be expensive. Things like this, and this 1756 - 1757 -440 1758 -00:31:35,550 ~-~-> 00:31:38,580 1759 -precise, aren't going to be easy, it's going to require a 1760 - 1761 -441 1762 -00:31:38,580 ~-~-> 00:31:41,820 1763 -lot of thought. And that's the reason why people go on 1764 - 1765 -442 1766 -00:31:41,820 ~-~-> 00:31:45,540 1767 -YouTube. And they try to teach things in hindsight, because 1768 - 1769 -443 1770 -00:31:45,540 ~-~-> 00:31:48,360 1771 -they cannot do. They don't they haven't submitted to 1772 - 1773 -444 1774 -00:31:48,360 ~-~-> 00:31:51,840 1775 -learning it yet. Now I have students that are extremely 1776 - 1777 -445 1778 -00:31:51,870 ~-~-> 00:31:55,860 1779 -versed in my concepts, and they have found their unique 1780 - 1781 -446 1782 -00:31:55,860 ~-~-> 00:31:59,700 1783 -model. And they do very, very well. They are not making 1784 - 1785 -447 1786 -00:31:59,700 ~-~-> 00:32:02,280 1787 -YouTube channels and trying to make a name for themselves, 1788 - 1789 -448 1790 -00:32:02,340 ~-~-> 00:32:08,310 1791 -okay? The mentorship, I teach you how to be an independent 1792 - 1793 -449 1794 -00:32:08,310 ~-~-> 00:32:12,390 1795 -thinker, you have the benefit of me pointing to where I 1796 - 1797 -450 1798 -00:32:12,390 ~-~-> 00:32:14,970 1799 -think the markets going to go. And then you kind of like 1800 - 1801 -451 1802 -00:32:14,970 ~-~-> 00:32:19,290 1803 -gives you the insight of, Okay, if I was bearish. Let me 1804 - 1805 -452 1806 -00:32:19,290 ~-~-> 00:32:22,170 1807 -focus on the bullish side. Because if I say t saying he's 1808 - 1809 -453 1810 -00:32:22,170 ~-~-> 00:32:26,970 1811 -looking at a level above us, then um, really armwrestling 1812 - 1813 -454 1814 -00:32:27,390 ~-~-> 00:32:30,960 1815 -almost three decades of experience. I'm not saying that I'm 1816 - 1817 -455 1818 -00:32:31,200 ~-~-> 00:32:36,810 1819 -not wrong once in a while, but it's really rare. So forget 1820 - 1821 -456 1822 -00:32:36,810 ~-~-> 00:32:38,910 1823 -the fact that it might sound egotistical, forget the fact 1824 - 1825 -457 1826 -00:32:38,910 ~-~-> 00:32:40,740 1827 -that it sounds like I'm bragging because I'm not, I'm just 1828 - 1829 -458 1830 -00:32:40,740 ~-~-> 00:32:46,470 1831 -trying to give you the picture of what it's like being in 1832 - 1833 -459 1834 -00:32:46,470 ~-~-> 00:32:50,550 1835 -the community. But you have to go into the charts yourselves 1836 - 1837 -460 1838 -00:32:50,550 ~-~-> 00:32:54,300 1839 -and find the setup that you like. Now, in the beginning, 1840 - 1841 -461 1842 -00:32:54,330 ~-~-> 00:32:56,730 1843 -four months, you're going to be feeling like you're not 1844 - 1845 -462 1846 -00:32:56,730 ~-~-> 00:32:59,430 1847 -learning anything, because you're getting new concepts, new 1848 - 1849 -463 1850 -00:32:59,430 ~-~-> 00:33:02,460 1851 -learning, and me pointing to where the markets going. And 1852 - 1853 -464 1854 -00:33:02,460 ~-~-> 00:33:05,100 1855 -when the markets go there, you're going to feel frustrated, 1856 - 1857 -465 1858 -00:33:05,640 ~-~-> 00:33:08,880 1859 -because you're not trading the setups. And you're going to 1860 - 1861 -466 1862 -00:33:09,030 ~-~-> 00:33:11,790 1863 -want to send me emails like thousands of people in the past 1864 - 1865 -467 1866 -00:33:11,790 ~-~-> 00:33:14,820 1867 -have done and say, I feel like I don't know what I'm doing. 1868 - 1869 -468 1870 -00:33:15,030 ~-~-> 00:33:17,400 1871 -I see what you're saying. And I see the lessons. And I 1872 - 1873 -469 1874 -00:33:17,400 ~-~-> 00:33:20,100 1875 -appreciate all this, but I'm not able to find a setup. Well, 1876 - 1877 -470 1878 -00:33:20,100 ~-~-> 00:33:22,890 1879 -that's what you're not supposed to be doing. While you're in 1880 - 1881 -471 1882 -00:33:22,890 ~-~-> 00:33:25,290 1883 -mentorship, you're not supposed to be trading, everyone 1884 - 1885 -472 1886 -00:33:25,290 ~-~-> 00:33:27,450 1887 -wants to come in the mentorship and try to start making 1888 - 1889 -473 1890 -00:33:27,450 ~-~-> 00:33:30,930 1891 -money right away. And that's how they mess up. Because they 1892 - 1893 -474 1894 -00:33:30,930 ~-~-> 00:33:34,080 1895 -cheat themselves out of the learning and the development 1896 - 1897 -475 1898 -00:33:34,080 ~-~-> 00:33:38,220 1899 -process that is aimed to be available to each student when 1900 - 1901 -476 1902 -00:33:38,220 ~-~-> 00:33:43,500 1903 -they first start. So what am I saying, for entire year, you 1904 - 1905 -477 1906 -00:33:43,500 ~-~-> 00:33:47,220 1907 -should not be time trying to take a trade. If that's what 1908 - 1909 -478 1910 -00:33:47,220 ~-~-> 00:33:50,550 1911 -you are dying to come into the mentorship for, save your 1912 - 1913 -479 1914 -00:33:50,550 ~-~-> 00:33:54,000 1915 -money, don't join, because you're going to hurt yourself and 1916 - 1917 -480 1918 -00:33:54,000 ~-~-> 00:33:56,460 1919 -your development. By doing that it would be better for you 1920 - 1921 -481 1922 -00:33:56,460 ~-~-> 00:33:58,320 1923 -to just stay in the free content here on this YouTube 1924 - 1925 -482 1926 -00:33:58,320 ~-~-> 00:34:00,960 1927 -channel. And don't send me any money. Don't try to join the 1928 - 1929 -483 1930 -00:34:00,960 ~-~-> 00:34:03,570 1931 -mentorship because you're only going to get frustrated, 1932 - 1933 -484 1934 -00:34:03,810 ~-~-> 00:34:06,600 1935 -because you won't have the patience to follow along with the 1936 - 1937 -485 1938 -00:34:06,600 ~-~-> 00:34:10,440 1939 -process that I outline. When is it realistic for you to 1940 - 1941 -486 1942 -00:34:10,440 ~-~-> 00:34:15,540 1943 -anticipate you knowing what your model might be? I've had 1944 - 1945 -487 1946 -00:34:15,540 ~-~-> 00:34:18,450 1947 -people come in by the third month say, Man, this is it. This 1948 - 1949 -488 1950 -00:34:18,450 ~-~-> 00:34:20,880 1951 -This helped me figure out exactly what I'm doing. They 1952 - 1953 -489 1954 -00:34:20,880 ~-~-> 00:34:23,190 1955 -stayed throughout the content and where they're at charter 1956 - 1957 -490 1958 -00:34:23,190 ~-~-> 00:34:27,210 1959 -membership level now, but they still say I've learned what I 1960 - 1961 -491 1962 -00:34:27,210 ~-~-> 00:34:30,600 1963 -wanted to learn on month three. Now I'm not stating that 1964 - 1965 -492 1966 -00:34:30,600 ~-~-> 00:34:33,150 1967 -people coming in at month three will know everything they 1968 - 1969 -493 1970 -00:34:33,150 ~-~-> 00:34:36,000 1971 -need to know. But these are individuals that have been with 1972 - 1973 -494 1974 -00:34:36,000 ~-~-> 00:34:39,660 1975 -me for years and years. And then finally that one little 1976 - 1977 -495 1978 -00:34:39,660 ~-~-> 00:34:42,660 1979 -thing clicked and it made sense to them everything fell into 1980 - 1981 -496 1982 -00:34:42,660 ~-~-> 00:34:45,390 1983 -one place where they have a model now. 1984 - 1985 -497 1986 -00:34:47,369 ~-~-> 00:34:50,399 1987 -I tell everyone that you need to go through the full year 1988 - 1989 -498 1990 -00:34:50,429 ~-~-> 00:34:52,439 1991 -because you're going to see a full calendar year with 1992 - 1993 -499 1994 -00:34:52,439 ~-~-> 00:34:54,869 1995 -seasonal tendencies, influences and all the factors that go 1996 - 1997 -500 1998 -00:34:54,869 ~-~-> 00:34:57,959 1999 -along with it. And I draw in all other market asset classes 2000 - 2001 -501 2002 -00:34:57,959 ~-~-> 00:35:01,349 2003 -to tie it together. Once you've four year under your belt, 2004 - 2005 -502 2006 -00:35:01,679 ~-~-> 00:35:06,239 2007 -then after that your charter member, then you spend six 2008 - 2009 -503 2010 -00:35:06,239 ~-~-> 00:35:09,209 2011 -months, assuming you've figured out your model, and you 2012 - 2013 -504 2014 -00:35:09,209 ~-~-> 00:35:12,989 2015 -spend six months with that specific model, you will know if 2016 - 2017 -505 2018 -00:35:12,989 ~-~-> 00:35:16,979 2019 -you are on the right path, after six months working with one 2020 - 2021 -506 2022 -00:35:16,979 ~-~-> 00:35:19,829 2023 -specific model. Now you can see that I did not bring in 2024 - 2025 -507 2026 -00:35:19,859 ~-~-> 00:35:23,429 2027 -committed traders, I did not bring in SMT, I didn't, I 2028 - 2029 -508 2030 -00:35:23,429 ~-~-> 00:35:26,489 2031 -didn't need all that stuff, you don't need it either. All 2032 - 2033 -509 2034 -00:35:26,489 ~-~-> 00:35:32,309 2035 -they do is help qualify a setup. Now your model may require 2036 - 2037 -510 2038 -00:35:32,309 ~-~-> 00:35:35,279 2039 -SMT, it may require Commitment of Traders to trade on that 2040 - 2041 -511 2042 -00:35:35,279 ~-~-> 00:35:37,499 2043 -side of the marketplace. And there's nothing wrong with 2044 - 2045 -512 2046 -00:35:37,499 ~-~-> 00:35:40,649 2047 -that, that's just a filter, okay? But when you really know 2048 - 2049 -513 2050 -00:35:40,649 ~-~-> 00:35:43,469 2051 -what you're looking for, you don't need to have all those 2052 - 2053 -514 2054 -00:35:43,469 ~-~-> 00:35:46,229 2055 -things. And that's what the mentorship teaches you, it 2056 - 2057 -515 2058 -00:35:46,229 ~-~-> 00:35:50,069 2059 -teaches you how to take the right pieces over time within 2060 - 2061 -516 2062 -00:35:50,069 ~-~-> 00:35:52,679 2063 -the context that I'm outlining each week. And I say, Okay, I 2064 - 2065 -517 2066 -00:35:52,679 ~-~-> 00:35:56,039 2067 -think we're going here. And then you know, Okay, I'm gonna 2068 - 2069 -518 2070 -00:35:56,039 ~-~-> 00:35:59,279 2071 -go in and use these tools that favor trading the market that 2072 - 2073 -519 2074 -00:35:59,279 ~-~-> 00:36:01,829 2075 -side, but you're not trading with live funds, because you 2076 - 2077 -520 2078 -00:36:01,829 ~-~-> 00:36:06,059 2079 -need to learn to trust the analysis concepts, and also trust 2080 - 2081 -521 2082 -00:36:06,059 ~-~-> 00:36:10,469 2083 -yourself, learn patience. It's a lot of things internally, 2084 - 2085 -522 2086 -00:36:10,499 ~-~-> 00:36:14,009 2087 -that most people that come to me think it's not going to be 2088 - 2089 -523 2090 -00:36:14,009 ~-~-> 00:36:17,729 2091 -a problem. And it is a problem for many people. Humans don't 2092 - 2093 -524 2094 -00:36:17,729 ~-~-> 00:36:20,999 2095 -have patience. And you want because you're paying me, you 2096 - 2097 -525 2098 -00:36:20,999 ~-~-> 00:36:23,069 2099 -want it to be fast. You want to learn how to make money 2100 - 2101 -526 2102 -00:36:23,069 ~-~-> 00:36:26,339 2103 -right now. And I'm telling you, you need to wait, 2104 - 2105 -527 2106 -00:36:26,669 ~-~-> 00:36:29,549 2107 -not because I can't teach you how to do it. But because you 2108 - 2109 -528 2110 -00:36:29,549 ~-~-> 00:36:32,429 2111 -need to learn how to remove all these barriers that you're 2112 - 2113 -529 2114 -00:36:32,429 ~-~-> 00:36:35,969 2115 -not even aware that you have yet. So hopefully you got 2116 - 2117 -530 2118 -00:36:35,969 ~-~-> 00:36:38,099 2119 -something from this and hopefully didn't sound too much like 2120 - 2121 -531 2122 -00:36:38,099 ~-~-> 00:36:41,699 2123 -a selling or pitch for mentorship, I'm just answering a lot 2124 - 2125 -532 2126 -00:36:41,699 ~-~-> 00:36:45,389 2127 -of questions I get, and giving you an idea of things that 2128 - 2129 -533 2130 -00:36:45,419 ~-~-> 00:36:48,809 2131 -you can learn right from this YouTube channel and not have 2132 - 2133 -534 2134 -00:36:48,809 ~-~-> 00:36:51,719 2135 -to pay me. But if you want to be a part of the community, 2136 - 2137 -535 2138 -00:36:52,079 ~-~-> 00:36:54,719 2139 -I'm kind of giving you an X ray view of what it is that we 2140 - 2141 -536 2142 -00:36:54,719 ~-~-> 00:36:57,809 2143 -do and how it is it's provided to you. So with that, I wish 2144 - 2145 -537 2146 -00:36:57,809 ~-~-> 00:37:02,219 2147 -you a pleasant week, be safe. And again, go to my community 2148 - 2149 -538 2150 -00:37:02,219 ~-~-> 00:37:05,879 2151 -tab I posted a really important post and it was intended 2152 - 2153 -539 2154 -00:37:05,879 ~-~-> 00:37:07,919 2155 -from the heart. And I think you should follow the 2156 - 2157 -540 2158 -00:37:07,919 ~-~-> 00:37:10,169 2159 -instructions I gave you there. And so I'll talk to you next 2160 - 2161 -541 2162 -00:37:10,169 ~-~-> 00:37:11,189 2163 -time. Be safe.