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3 -ICT: Welcome back, I appreciate your patience yesterday, I
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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.