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Version 1.1 by Drunk Monkey on 2020-11-20 17:10
Show last authors
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3 ICT: Welcome back, I appreciate your patience yesterday, I
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7 was expected to post a video on my YouTube channel, but real
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11 life got in the way, I had a family matter to attend to. So
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15 we're looking at a example of algorithmic theory. I'm going
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19 to talk a little bit about the Asian range. And one of the
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23 caveats to using the Asian range, at least, in my opinion,
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27 there is something about the Asian range that you need to be
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31 aware of. And obviously, this is not the first time I've
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35 talked about this. My long term. viewers are familiar with
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39 this, if they've been keeping notes. Alright, so I've been
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43 counseling my students to anticipate and expect lower prices
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47 on the dollar, we have been looking at lowered prices for
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51 several months now on the dollar index, and it's been
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55 offering lower prices. And with that, we're going to assume
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59 that that bias would be still in play for our hindsight
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63 example. Now, obviously, if I'm lying, all of my students
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67 would come out in a rage and say, No, you were bullish on
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71 $1. So we're gonna have to go with a little bit of liberty
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75 here on my part, you get it, it's just permit me this. The
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79 principle is, if we're bearish dollar, we would be bullish
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83 on foreign currency. So the counterparty to a bearish dollar
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87 would be a potential bullish euro dollar. So without any
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91 more discussion about the dollar index, specifically, let's
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95 take a look at the euro dollar. Alright, so we have a enemy
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99 a term swing in the marketplace in here. And I want you to
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103 take a look at this run up right there. Okay, so this run up
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107 on price that takes out all of these relative equal highs
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111 about these high would be by side liquidity, that means
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115 there's buy stops, they're either buying on the breakout
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119 with traders expecting it's going to break out higher. Why
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123 would traders think that? Well, they've seen the rally up in
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127 a bull flag. So the market runs up trips those traders long
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131 and then aggressively moves, lower traders that were trying
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135 to sell short with resistance ideas, they were tagged, and
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139 their short has been nullified. So both sides are having
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143 their buy side liquidity attacked. We look at the run into
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147 these relative equal highs. When the market breaks down, we
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151 can look inside of this little formation right here. Okay,
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155 so this fractal, so the lowest candle is right there.
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159 Alright, so we're going to take a look at inside that range
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163 right there. And we're going to drop into lower timeframe 15
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167 minute and want to take a closer look inside of that range.
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171 So let's drop into the 15 minute timeframe. Alright, so we
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175 have drilled down to a 15 minute time frame, and you can see
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179 the lowest down close candle prior to the run up. And again,
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183 all of these relatively equal highs, we see a run on stops
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187 there and then it breaks lower. Your eye should be trained
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191 and you do this with hindsight data, you teach yourself to
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195 see this pattern. And you will find that there's a lot of
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199 sensitivity to this particular level. So what I'm showing
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203 you is a very specific level in price action, that you have
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207 to look at some logic behind it. It's not just simply
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211 looking at an old low old high in price turned here, price
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215 turn there like support resistance. There has to be some
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219 kind of context behind the level before you can have any
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223 faith in it or at least that's what I teach. So the logic
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227 behind this is we want to look at the last down closed
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231 candle prior to this run up that clears all the bytes are
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235 liquidity. If the market trades lower than this low, this
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239 down close candle becomes my ICT bearish breaker. Okay, a
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243 bearish breaker. We're going to highlight the range of that
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247 candle right there. Okay. So now we're going to go forward
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251 and we'll talk a little bit about this and how we can use it
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255 with day of week Asian range, and we're going to implement
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259 some things. And we'll talk a little bit about order blocks.
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263 Also, this is an older block, but it is a bearish
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267 candle that if it trades up to it, it will many times offer
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271 a tradable setup. Now what is it tradable setup? For me,
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275 that would be 1520 pips something to that effect. Now it
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279 doesn't always work, nothing is absolutely 100%. But with
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283 the right context, and some other things, it can provide you
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287 a way to trade as your own model. This is all a trader can
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291 use to find setups, it's not going to be appreciated the
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295 first time you see something like this, but if you go
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299 through your charts and study it, you're going to see that
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303 there are many times setups that form over a period of a
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307 month that you can find that offer 2030 pips, especially
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311 using the hourly end or 15 minute timeframe. So we're gonna
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315 scrub forward in time. And we're gonna back out a little bit
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319 here. You can see the market does, in fact, trade up into
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323 that today. And there's a resistance effect that takes place
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327 and drops lower. Now by itself. That's really cool. I mean,
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331 you don't need to see anything more, but I have more candy
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335 for you. But there is nothing more needed to really find a
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339 fascination with that breaker. But I want to give you some
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343 more context, we are now seeing on a 15 minute timeframe.
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347 Another bearish breaker, see that relative equal highs,
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351 price breaks lower and then runs up clears out all the
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355 orders that would be resting right above here. So what do we
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359 do again, our eye goes to the last down close candle right
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363 before the run up. This is your bearish breaker again. So
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367 we'll come back to that in a moment. But I want you to think
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371 about how extending with your imaginations align out in time
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375 from the scandals Hi, this candles low extended out look at
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379 the sensitivity rating here. See that notice it does not go
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383 just to the bottoms of these candles here and then trade
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387 lower. It trades inside of this down closed candles range
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391 multiple times, and then trades lower. I'm going to show you
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395 something regarding Fridays and Asian range. Now the Asian
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399 range that we can classify that as 7pm to midnight, New York
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403 time. Now I'm going to add some annotations. But before I do
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407 that in your notes, in your study journal, if you're just
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411 watching this video, like Netflix binge watching, then
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415 you're really not doing yourself any service. But whenever
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419 we're trading on Mondays, this is one of the reasons why I
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423 don't like to trade on Monday. So it doesn't mean I won't
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427 trade on Mondays, it just means one of the things that has
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431 to be in play and it has to fit. Otherwise I won't trade one
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435 a Monday, the idea of the Asian range not being utilized on
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439 Mondays themselves and ours, the Asian range that you would
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443 determine on Mondays data in my school of thought we do not
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447 consider that. And the reason why is the algorithms actually
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451 going to look at Friday's Asian range. Now, my long term
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455 viewers they know this is true. It's been taught by me many
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459 many years ago. And we've always referred to it when we're
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463 talking about Mondays and or the Asian range. On Mondays we
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467 refer to Friday's Asian range. So what we're saying is
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471 Thursday 7pm to midnight, Friday, Eastern Standard Time. So
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475 with that idea, we can take the Asian range that's on the
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479 previous week's Friday and utilize that to get projections
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483 on how far the market can build up into a specific level of
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487 resistance. But it has to overlap with some other narrative.
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491 And that narrative would be these two levels up here being
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495 that bearish breaker. So let's flesh this out a little bit.
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499 Alright, so we've added the Friday Asian range the previous
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503 week, and I'm using the candles, wicks and tails. To
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507 illustrate how the classic view of the Asian range is
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511 interpreted. I do not always use the wicks and tails. I like
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515 to use the bodies of the candles especially if they're very
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519 clear and discernible as they are here. And what I mean by
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523 that we're going to drop down to get to the highest close or
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527 highest opening price towards the end of the range on the
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531 high side on the low end. We look here which one has the
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535 lower close or lower opening So the close here is 18 002.
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539 And open on this is 18 002. So we'll
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543 put our rectangle there. So there is our Asian range.
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547 Alright, so we're using the previous Friday's Asian range
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551 for Monday's trading. So it is being utilized for this
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555 trading day. Alright, so we have the deletion for Monday's
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559 trading the 16th of November, and the previous Friday's
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563 Asian range. Now what you want to do is start getting
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567 projections like this, and you can add out and this is for
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571 the purpose of your study journal. And I'm gonna speed this
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575 up, I'm not gonna sit here and do this for each one. But
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579 this is essentially what you can do. Inside center, there.
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583 Alright, and then you're gonna click clone and do the same
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587 thing. And all they're doing is just expanding this up, and
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591 laying them right on top of the previous rectangle and then
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595 changing the annotation to another Asian ranging, I'm going
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599 to speed this up, and we'll put this on the chart napkins.
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603 Alright, so we have all of the Asian ranges stacked on top
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607 of one another. And you can see it goes right to the top of
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611 that high end of the breaker that we used as our initial
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615 narrative. So we have 12345 Asian range projections. On the
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619 upside, that overlap exactly with a bearish ICT breaker. The
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623 levels are not just close. They're not. It's not just almost
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627 there. It's right there. Okay, it's right at the top end. So
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631 we have Asian range projections from the previous Friday
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635 used or Monday's trading. So what you're seeing here is the
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639 run up initially runs into the top of the bearish breaker
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643 and the Asian range that is stacked up, there's there's five
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647 of them. So there's five Asian range projections on the
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651 upside. And we have the bearish breaker. So the market
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655 trades there. And then from that point one, we'd seen market
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659 break lower. And then we have this same breaker idea on the
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663 15 minute timeframe. I'm just going to use a rectangle for
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667 this one, just to speed things up.
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671 And we'll just change it to read level. Okay. And so the
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675 market trades multiple times after breaking below this
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679 candle right there. That starts the breaker. So when it
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683 moves away, it comes back up. It's trading inside of this to
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687 mitigate all of the Long's that were in here. Anyone that
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691 was long on a smart money level when I was traders on an
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695 institutional level that were long here that may have been
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699 caught off guard, they can now mitigate those positions.
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703 It's not that they're buying it to push it up. That's not
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707 what takes place here. Okay, that's not what goes on. This
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711 is repricing. And then this is mitigation. So all of this is
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715 the purpose of pairing up liquidity by side sell side. So
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719 the market then breaks lower. What about this level down
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723 here makes it significant? Well, if you go look at this
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727 price run in here. Now I'm going to give you a moment to
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731 look at it you tell me where there is a specific entry of
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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.