Wiki source code of ICT YT - 2025-02-21 - 2025 Lecture Series - Forex GbpUsd Live Execution London Open Killzone 02-21-2025
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2 | |1 |00:00:12 ~-~-> 00:00:18 |ICT: Hi, folks, how are you having a bit of insomnia? Myself, as some of you | ||
3 | |2 |00:00:18 ~-~-> 00:00:26 |know, I have a very bad act. Motorcycle eaten three in 2009 and I've been | ||
4 | |3 |00:00:27 ~-~-> 00:00:35 |battling it for the last week. So looking at the POUND DOLLAR here, it's a | ||
5 | |4 |00:00:35 ~-~-> 00:00:39 |five minute chart I just popped on just to see what | ||
6 | |5 |00:00:40 ~-~-> 00:00:46 |was available, and looks like we had a Juda swing here, taking out in the buy | ||
7 | |6 |00:00:46 ~-~-> 00:00:57 |side here. So let's take annotate it. Everything above what just happened? | ||
8 | |7 |00:01:00 ~-~-> 00:01:05 |Yeah, so the this low here, going into this buy side of balance, cell sign in | ||
9 | |8 |00:01:05 ~-~-> 00:01:12 |efficiency, we have cell side stacked here, here, below that low and here. So | ||
10 | |9 |00:01:12 ~-~-> 00:01:15 |what I'm watching is is this last up close candle on the five minute | ||
11 | |10 |00:01:22 ~-~-> 00:01:28 |chart. Draw that down here, and then we'll drop down into a limited chart. | ||
12 | |11 |00:01:29 ~-~-> 00:01:34 |Make this nice and easy. So what I want to see it do is I want to see it trade | ||
13 | |12 |00:01:34 ~-~-> 00:01:36 |below that. Now notice all these candles here. | ||
14 | |13 |00:01:39 ~-~-> 00:01:42 |It's that five minute short block. | ||
15 | |14 |00:01:44 ~-~-> 00:01:48 |You see how using just the one minute chart, it could be confusing. You might | ||
16 | |15 |00:01:48 ~-~-> 00:01:54 |think that this is the bear short block. The trade up to go short from I'm not | ||
17 | |16 |00:01:54 ~-~-> 00:02:01 |looking or requiring to that it can but I'm not requiring that if it were to | ||
18 | |17 |00:02:01 ~-~-> 00:02:07 |just roll over and never trade up to this candle sticks open. If it broke | ||
19 | |18 |00:02:07 ~-~-> 00:02:10 |below there and came back up and touched it, that would be enough for me to | ||
20 | |19 |00:02:11 ~-~-> 00:02:15 |anticipate a run below these relative equal loads and into this by side | ||
21 | |20 |00:02:15 ~-~-> 00:02:20 |available cell side efficiency, which is a discount array at the present. Now, I | ||
22 | |21 |00:02:20 ~-~-> 00:02:27 |like the idea of it trading down here, then coming up to engage all this buy | ||
23 | |22 |00:02:27 ~-~-> 00:02:28 |side resting about here. | ||
24 | |23 |00:02:32 ~-~-> 00:02:38 |So just for completeness sake, let me annotate the | ||
25 | |24 |00:02:41 ~-~-> 00:02:45 |some of you guys are probably missing the ASMR of the loud clicking surface | ||
26 | |25 |00:02:48 ~-~-> 00:02:58 |being pressed on the built in service prototype your laptop. It's real quiet, | ||
27 | |26 |00:02:58 ~-~-> 00:03:00 |except for the fan running on it right | ||
28 | |27 |00:03:04 ~-~-> 00:03:09 |now, so we'll see what we see here. Again, like I said, I'm not interested | ||
29 | |28 |00:03:09 ~-~-> 00:03:13 |in requiring price to trade up there. If it does, I'll I'll enter there on the | ||
30 | |29 |00:03:13 ~-~-> 00:03:18 |short let me look looking at more or less a run here, and then come back and | ||
31 | |30 |00:03:18 ~-~-> 00:03:25 |touch this line, which is again, that five minute bearish water block opening | ||
32 | |31 |00:03:25 ~-~-> 00:03:26 |price. | ||
33 | |32 |00:03:38 ~-~-> 00:03:44 |So part of the spot, side of balance, outside of efficiency. If you'd look at | ||
34 | |33 |00:03:44 ~-~-> 00:03:50 |it like this, I just picked up on my Yeah, there we | ||
35 | |34 |00:03:57 ~-~-> 00:04:00 |go. That's what we're looking for. I'm uh, | ||
36 | |35 |00:04:03 ~-~-> 00:04:06 |folks that are watching and thinking, why would you want to go short there? | ||
37 | |36 |00:04:06 ~-~-> 00:04:10 |Why wouldn't you want to see it long to go and get those relative equal highs? | ||
38 | |37 |00:04:11 ~-~-> 00:04:19 |Well, it's the day of the week. It's Friday. It is also this run up they they | ||
39 | |38 |00:04:19 ~-~-> 00:04:23 |can leave this here for later today or to next week. It's fine, | ||
40 | |39 |00:04:24 ~-~-> 00:04:32 |but I think that this taking out these lows here, that's a shift time market | ||
41 | |40 |00:04:32 ~-~-> 00:04:35 |structure, all right, so now we have this set up primed. | ||
42 | |41 |00:04:40 ~-~-> 00:04:45 |I could do it as a limit order, but just to prove to that market replay, because | ||
43 | |42 |00:04:45 ~-~-> 00:04:46 |I know some of these, | ||
44 | |43 |00:04:47 ~-~-> 00:04:52 |these noobs that watch my stuff, they think that I'm doing Market Replay, | ||
45 | |44 |00:04:52 ~-~-> 00:04:56 |Market Replay will not let you show this up here. Okay, test it for yourself. Do. | ||
46 | |45 |00:05:00 ~-~-> 00:05:04 |This is the part that makes it very difficult for new students or new | ||
47 | |46 |00:05:04 ~-~-> 00:05:10 |traders. They don't wait for their setup. They they simply try to | ||
48 | |47 |00:05:10 ~-~-> 00:05:13 |anticipate the setup because they're afraid they're going to miss the move. | ||
49 | |48 |00:05:13 ~-~-> 00:05:16 |I'm not afraid of missing the move because there's lots of moves intraday, | ||
50 | |49 |00:05:16 ~-~-> 00:05:22 |so we're trading down into the low of this buy side of balance, outside | ||
51 | |50 |00:05:22 ~-~-> 00:05:26 |efficiency that I'm anticipating behaving as a inversion of everybody | ||
52 | |51 |00:05:26 ~-~-> 00:05:35 |gap. Obviously, we not trade up into this candlesticks opening price, which | ||
53 | |52 |00:05:35 ~-~-> 00:05:45 |most individuals on Instagram, tick tock and YouTube, Facebook, X, Discord, you | ||
54 | |53 |00:05:45 ~-~-> 00:05:50 |name it. Uh, Telegram, they'll, they'll say, this is the bear short clock. It's | ||
55 | |54 |00:05:50 ~-~-> 00:05:56 |not okay. And unfortunately, you know, just because they use my vocabulary | ||
56 | |55 |00:05:56 ~-~-> 00:06:00 |doesn't always equate to understanding what it is that they're trying to cruise | ||
57 | |56 |00:06:00 ~-~-> 00:06:00 |upon you | ||
58 | |57 |00:06:00 ~-~-> 00:06:06 |as proud. It's not it's not there. That's why they live in hindsight. So | ||
59 | |58 |00:06:06 ~-~-> 00:06:07 |the | ||
60 | |59 |00:06:08 ~-~-> 00:06:12 |the return up into this candles that's open, that would be permissible too. So | ||
61 | |60 |00:06:12 ~-~-> 00:06:16 |it doesn't necessarily need to trade here. So what's in close proximity to | ||
62 | |61 |00:06:16 ~-~-> 00:06:20 |that line? Again, this line is the five minute last of closed candles opening | ||
63 | |62 |00:06:20 ~-~-> 00:06:25 |price inside of this price run that's seen on the one minute | ||
64 | |63 |00:06:32 ~-~-> 00:06:35 |chart. Notice this line here. I know it's very hard to see. Let me, let me | ||
65 | |64 |00:06:35 ~-~-> 00:06:36 |darken it up a little bit. | ||
66 | |65 |00:06:42 ~-~-> 00:06:56 |I'm it's not much of a darkening, is it? Let me see we go. We want to | ||
67 | |66 |00:06:56 ~-~-> 00:07:02 |see price stay in this portion of this positive outside efficiency, there's no | ||
68 | |67 |00:07:02 ~-~-> 00:07:05 |necessity for price to get up into this area here, which is the reason why I | ||
69 | |68 |00:07:05 ~-~-> 00:07:08 |wasn't interested in that is a bearish order block on the limited | ||
70 | |69 |00:07:12 ~-~-> 00:07:14 |chart, this little gap in here that's | ||
71 | |70 |00:07:14 ~-~-> 00:07:18 |enough to send it lower, and it could just leave without touching the order | ||
72 | |71 |00:07:18 ~-~-> 00:07:21 |block. So | ||
73 | |72 |00:07:26 ~-~-> 00:07:31 |what I'll do is I'll wait for it to touch the blow of that. That's what else | ||
74 | |73 |00:07:31 ~-~-> 00:07:36 |outside of efficiency. I'll put one on in as a | ||
75 | |74 |00:07:37 ~-~-> 00:07:41 |insurance policy, in the event it just runs away without me going to the order | ||
76 | |75 |00:07:41 ~-~-> 00:07:50 |block, at least, I have something on the not yet. You got to be patient, | ||
77 | |76 |00:07:52 ~-~-> 00:07:57 |watching the candlestick. There you go. That's what I want. So now, | ||
78 | |77 |00:08:00 ~-~-> 00:08:05 |small position like this, we can put a stop just above consequence of this | ||
79 | |78 |00:08:05 ~-~-> 00:08:10 |bison of all cell sign, efficiency. It's really, really modest risk there. So now | ||
80 | |79 |00:08:10 ~-~-> 00:08:14 |I can wait to see if, if you'll permit me, I'm going to take the | ||
81 | |80 |00:08:20 ~-~-> 00:08:28 |I'm Yeah, | ||
82 | |81 |00:08:29 ~-~-> 00:08:33 |stations off on the executions. I'll keep I'll, I'll place them back on a | ||
83 | |82 |00:08:33 ~-~-> 00:08:35 |second. I just want to watch inside this price action, | ||
84 | |83 |00:08:39 ~-~-> 00:08:42 |explaining it before | ||
85 | |84 |00:08:42 ~-~-> 00:08:49 |you do it is a handicap. So it's not as easy as it makes people think. When I'm | ||
86 | |85 |00:08:49 ~-~-> 00:08:53 |doing it, it takes a great deal of focus, and you have to understand what | ||
87 | |86 |00:08:53 ~-~-> 00:08:57 |you're looking for. You have to have a really solid understanding about what | ||
88 | |87 |00:08:57 ~-~-> 00:09:01 |you're looking for. Otherwise, it's very hard to stay focused, and that's why | ||
89 | |88 |00:09:01 ~-~-> 00:09:07 |it's very difficult to teach live. It's very difficult to especially using lower | ||
90 | |89 |00:09:07 ~-~-> 00:09:09 |time frame charts like this. | ||
91 | |90 |00:09:11 ~-~-> 00:09:12 |It's hard to articulate | ||
92 | |91 |00:09:13 ~-~-> 00:09:19 |every facet that is going into the idea that leads to a trade setup and and or | ||
93 | |92 |00:09:19 ~-~-> 00:09:23 |execution and framing risk and whatnot. So | ||
94 | |93 |00:09:28 ~-~-> 00:09:34 |we were looking for a trades out like that. That's a pretty good return. It's | ||
95 | |94 |00:09:34 ~-~-> 00:09:36 |about three to one. Let me see if I can | ||
96 | |95 |00:09:38 ~-~-> 00:09:49 |finesse this a little bit. I that's a little bit better. So now, because this | ||
97 | |96 |00:09:49 ~-~-> 00:09:55 |is a inversion fair value gap, if we can come back up and touch that one more | ||
98 | |97 |00:09:55 ~-~-> 00:10:02 |time, or inside this wick, okay. If you can trade up inside that, I'll add | ||
99 | |98 |00:10:04 ~-~-> 00:10:12 |one more portion of 750,000 leveraged on the short. | ||
100 | |99 |00:10:15 ~-~-> 00:10:19 |Again, it's not Market Replay. Market Replay won't show this up here. I'm | ||
101 | |100 |00:10:41 ~-~-> 00:10:42 |a bit more. | ||
102 | |101 |00:10:48 ~-~-> 00:10:54 |See this is Hey, Joe, all right, and the staff will stay there. Still very, very | ||
103 | |102 |00:10:54 ~-~-> 00:10:55 |modest risk. I | ||
104 | |103 |00:11:04 ~-~-> 00:11:10 |I need to simply just let it cook. | ||
105 | |104 |00:11:11 ~-~-> 00:11:14 |Now, I'd like to see it break below. See this wick here, | ||
106 | |105 |00:11:15 ~-~-> 00:11:20 |and all of this little consolidation area this wick, it's consequent | ||
107 | |106 |00:11:20 ~-~-> 00:11:22 |encouragement this level here, | ||
108 | |107 |00:11:26 ~-~-> 00:11:31 |right there. I want to see price gravitate aggressively to this and | ||
109 | |108 |00:11:31 ~-~-> 00:11:35 |through this. If they can manage to do that and close below it, then that is a | ||
110 | |109 |00:11:35 ~-~-> 00:11:42 |very good encouragement. It allows me to feel confident that these relative equal | ||
111 | |110 |00:11:42 ~-~-> 00:11:45 |loads will be taken. How far can it go below those relative equal loads? Well, | ||
112 | |111 |00:11:45 ~-~-> 00:11:51 |we've referred back to that five minute chart, and that's that bicep balance | ||
113 | |112 |00:11:51 ~-~-> 00:11:56 |outside efficiency down here. So I'm going to go back out to a five minute | ||
114 | |113 |00:11:56 ~-~-> 00:11:58 |chart so you can see where we're at and we get to lay the | ||
115 | |114 |00:12:00 ~-~-> 00:12:07 |land this one over here, this fair value gap. It's a bicycle balance cell sign in | ||
116 | |115 |00:12:07 ~-~-> 00:12:11 |efficiency, and it's below this low, | ||
117 | |116 |00:12:12 ~-~-> 00:12:17 |this low, this low. Yes, we've already stabbed down through it, but look at the | ||
118 | |117 |00:12:17 ~-~-> 00:12:23 |body. See what it did here, basically lined up with this low and this low. So | ||
119 | |118 |00:12:23 ~-~-> 00:12:30 |whenever I see something like that, and I can, I guess, build a narrative that | ||
120 | |119 |00:12:30 ~-~-> 00:12:36 |it's likely to go lower still, then I look at this as a shallow run into | ||
121 | |120 |00:12:36 ~-~-> 00:12:42 |liquidity. So therefore, I would expect a deeper run lower, and where would that | ||
122 | |121 |00:12:42 ~-~-> 00:12:46 |go below this low and into this inefficiency? That's a discount array. | ||
123 | |122 |00:12:47 ~-~-> 00:12:54 |Okay, so back to a one minute chart. Now, if it can touch this five minute, | ||
124 | |123 |00:12:55 ~-~-> 00:13:00 |I'll add one more and leave the stop as it is, banking on the idea that we've | ||
125 | |124 |00:13:00 ~-~-> 00:13:05 |already did the working over half of this inversion fair value gap, that | ||
126 | |125 |00:13:05 ~-~-> 00:13:10 |dashed line here, that's that's a line in the sand that you shall not cross. | ||
127 | |126 |00:13:10 ~-~-> 00:13:14 |Why? How do I know that? Because we spent a lot of time here, and then we | ||
128 | |127 |00:13:14 ~-~-> 00:13:20 |dropped lower and outside of it. So all I'm looking for is a return, back into | ||
129 | |128 |00:13:20 ~-~-> 00:13:24 |this, which was the original premise. If it would have given me earlier, I'd be | ||
130 | |129 |00:13:24 ~-~-> 00:13:28 |short from there. But now, since it's still offering it to me, I'm not looking | ||
131 | |130 |00:13:28 ~-~-> 00:13:33 |at this as a long let's put it that way. I'm looking for this as a return to a | ||
132 | |131 |00:13:33 ~-~-> 00:13:37 |short term premium, and then it should aggressively drive out of that, and then | ||
133 | |132 |00:13:37 ~-~-> 00:13:41 |gravitate to and through this consequent approach in that wick, because it's the | ||
134 | |133 |00:13:41 ~-~-> 00:13:48 |extreme low that would set the stage for continuation below here. I don't need | ||
135 | |134 |00:13:48 ~-~-> 00:13:53 |the trade below the low of the wick. I needed to trade through and close below | ||
136 | |135 |00:13:53 ~-~-> 00:14:00 |the consequent crochet of that wick, if it drops here, without even going back | ||
137 | |136 |00:14:00 ~-~-> 00:14:04 |to the five minute bearish order block opening price, which, again, let me show | ||
138 | |137 |00:14:04 ~-~-> 00:14:05 |you. | ||
139 | |138 |00:14:07 ~-~-> 00:14:11 |It's this candlestick right there. Okay, that opening price, that's what you're | ||
140 | |139 |00:14:11 ~-~-> 00:14:22 |watching me observe and execute on. So one more tap into this. I'll add because | ||
141 | |140 |00:14:22 ~-~-> 00:14:24 |I feel confident that we're about to break aggressively lower. | ||
142 | |141 |00:14:32 ~-~-> 00:14:35 |Nothing wrong with taking a little bit of heat on your trades, as long as | ||
143 | |142 |00:14:35 ~-~-> 00:14:40 |everything that you're seeing still is in the in the correct context of what | ||
144 | |143 |00:14:40 ~-~-> 00:14:46 |took place before you took to trade and executed on it, meaning that as long as | ||
145 | |144 |00:14:46 ~-~-> 00:14:52 |it doesn't go above here, everything that sees price go up into that price | ||
146 | |145 |00:14:52 ~-~-> 00:15:02 |level is completely permissible, like that. So. Okay, so now it should really | ||
147 | |146 |00:15:02 ~-~-> 00:15:06 |strongly reject that, because we didn't get to that five minute bearish order | ||
148 | |147 |00:15:06 ~-~-> 00:15:14 |blocks opening price that's at this line is okay, and we went back up into this | ||
149 | |148 |00:15:14 ~-~-> 00:15:19 |entire range that shaded in orange is this bison to balance outside efficiency | ||
150 | |149 |00:15:20 ~-~-> 00:15:25 |and the lower half of this is where the real work of the algorithm is | ||
151 | |150 |00:15:30 ~-~-> 00:15:37 |elusive. Nobody wants to believe exists. Algorithm supposed to be buying and | ||
152 | |151 |00:15:37 ~-~-> 00:15:45 |selling pressure. That's what they tell you, right? So I'm viewing it like this. | ||
153 | |152 |00:15:45 ~-~-> 00:15:45 |I | ||
154 | |153 |00:15:48 ~-~-> 00:15:52 |could be honest with you, I'm I'm anticipating all the noise that usually | ||
155 | |154 |00:15:52 ~-~-> 00:15:58 |comes with me pressing my mouse. It's not there. So it's, it's something I'm | ||
156 | |155 |00:15:58 ~-~-> 00:16:02 |getting used to. Some of you are very appreciative of it because you hated | ||
157 | |156 |00:16:02 ~-~-> 00:16:08 |that sound all the time. You need a new mouse. No, you need to accept the fact | ||
158 | |157 |00:16:08 ~-~-> 00:16:11 |that some people were going to make their content the way they want to make | ||
159 | |158 |00:16:11 ~-~-> 00:16:13 |it. To be honest, you kind of miss it. Do. | ||
160 | |159 |00:16:26 ~-~-> 00:16:28 |Because I'm bearish, | ||
161 | |160 |00:16:29 ~-~-> 00:16:32 |and it's a scalp. It's not like I'm trying to call the topping POUND DOLLAR, | ||
162 | |161 |00:16:32 ~-~-> 00:16:36 |that it should just fall out of bed, you know, for 1000 you know, pips or | ||
163 | |162 |00:16:36 ~-~-> 00:16:41 |whatever. I'm suggesting that it's just going to run down into these lows, into | ||
164 | |163 |00:16:41 ~-~-> 00:16:49 |an old inefficiency that's a discount. And then it could set this stage to then | ||
165 | |164 |00:16:49 ~-~-> 00:16:55 |go back up into this area here, either today or next week. Now we want to see | ||
166 | |165 |00:16:55 ~-~-> 00:17:00 |aggressively drop down here and attack that consequent encouragement that WIC i | ||
167 | |166 |00:17:20 ~-~-> 00:17:30 |the obsessive compulsiveness, if you believe it won't allow me to not get | ||
168 | |167 |00:17:30 ~-~-> 00:17:30 |$3,000 | ||
169 | |168 |00:17:31 ~-~-> 00:17:35 |of this lemon. So I'm trying to squeeze a little bit more of | ||
170 | |169 |00:17:38 ~-~-> 00:17:40 |that. All right. So now we want | ||
171 | |170 |00:17:40 ~-~-> 00:17:43 |to keep this stop where it is until we get through this threshold, because this | ||
172 | |171 |00:17:43 ~-~-> 00:17:50 |is the the marker that sets the stage for confidence, not overconfidence, not | ||
173 | |172 |00:17:51 ~-~-> 00:17:54 |I'm right, and nothing can go wrong. It just means that if we trade through this | ||
174 | |173 |00:17:54 ~-~-> 00:18:00 |consequent encroachment that wick on a closing basis, then I can start to work | ||
175 | |174 |00:18:00 ~-~-> 00:18:06 |that's top loss down to this high here, plus a tick. But it has to do this part | ||
176 | |175 |00:18:06 ~-~-> 00:18:09 |first. This was the risk I was willing to put on when I first put the trade on | ||
177 | |176 |00:18:10 ~-~-> 00:18:16 |here. And I have to sit with that risk until I see a Realized confirmation in | ||
178 | |177 |00:18:16 ~-~-> 00:18:22 |order. Flow now, level two, data stuff required, no depth of market, no | ||
179 | |178 |00:18:22 ~-~-> 00:18:28 |ladders, none of that stuff, no Market Replay required, because when you know | ||
180 | |179 |00:18:28 ~-~-> 00:18:35 |what you're doing, you're sticking to ideas and premises that repeat. And | ||
181 | |180 |00:18:35 ~-~-> 00:18:39 |since I mentioned that, this entire buy side of balance, outside efficiency, the | ||
182 | |181 |00:18:39 ~-~-> 00:18:43 |lower half of that, that's what the algorithm is going to refer to. Notice | ||
183 | |182 |00:18:43 ~-~-> 00:18:50 |that the bodies stop below that midpoint. Let me take this lower shaded | ||
184 | |183 |00:18:50 ~-~-> 00:18:55 |red area, that midpoint off, because it's a little confusing to me as well. | ||
185 | |184 |00:18:56 ~-~-> 00:19:01 |So we, we traded up into it. But look at the bodies hang, stop, not interested | ||
186 | |185 |00:19:01 ~-~-> 00:19:05 |even going up there, not even interested in going to the five minute opening | ||
187 | |186 |00:19:05 ~-~-> 00:19:09 |price of that super block, either. And that is not failure. That's actually | ||
188 | |187 |00:19:09 ~-~-> 00:19:13 |what you want to see. If you're if you're bearish, you want to see the | ||
189 | |188 |00:19:13 ~-~-> 00:19:17 |inability for price to even get to premium arrays. Because if it can't do | ||
190 | |189 |00:19:17 ~-~-> 00:19:21 |that, what is it saying? It's saying that the market is inherently weak. It's | ||
191 | |190 |00:19:21 ~-~-> 00:19:25 |lacking what strength? So if it's lacking strength, and you can outline a | ||
192 | |191 |00:19:25 ~-~-> 00:19:32 |bias that's framing an obvious price run to a discount array, the five minute | ||
193 | |192 |00:19:32 ~-~-> 00:19:37 |bison, about Salesforce efficiency down here, below relative equal lows, then it | ||
194 | |193 |00:19:37 ~-~-> 00:19:42 |goes without saying that you probably have a likely winner. It doesn't mean | ||
195 | |194 |00:19:42 ~-~-> 00:19:46 |it's a perfect, absolute guarantee, it's going to work in your favor and you | ||
196 | |195 |00:19:46 ~-~-> 00:19:49 |can't lose. It just means that I'm watching this fair value gap, by the | ||
197 | |196 |00:19:49 ~-~-> 00:19:54 |way, this means that you have something that you can get you can engage in. I. | ||
198 | |197 |00:20:04 ~-~-> 00:20:08 |Isn't it nice? How much do I know what I'm doing? | ||
199 | |198 |00:20:12 ~-~-> 00:20:15 |We're watching that consequent encroachment right there. I want to see | ||
200 | |199 |00:20:15 ~-~-> 00:20:21 |how it delivers sharply and through it. That's what we want. All this wick in | ||
201 | |200 |00:20:21 ~-~-> 00:20:26 |here. Watch the consequent encroachment that we've already seen, a reaction to | ||
202 | |201 |00:20:26 ~-~-> 00:20:32 |it on the high end of it. I'll explain that in a second, moving down into it | ||
203 | |202 |00:20:32 ~-~-> 00:20:36 |here and coming back up, opening, going into the fair value gap, and then | ||
204 | |203 |00:20:37 ~-~-> 00:20:41 |repricing lower. We want to see it now respect it on the upside as resistance, | ||
205 | |204 |00:20:41 ~-~-> 00:20:44 |basically, and then send it sharply lower. | ||
206 | |205 |00:20:47 ~-~-> 00:20:49 |This also is an inversion, fair value, | ||
207 | |206 |00:20:58 ~-~-> 00:21:04 |gap, confluence of things here. They're rooting well for lower prices, | ||
208 | |207 |00:21:11 ~-~-> 00:21:15 |and we're in the last minute of the macro of 350, to 410, | ||
209 | |208 |00:21:19 ~-~-> 00:21:22 |same premise here, we've already worked in the upper half | ||
210 | |209 |00:21:24 ~-~-> 00:21:27 |of that inversion, fair value gap. So we want to see everything stay in the lower | ||
211 | |210 |00:21:28 ~-~-> 00:21:35 |hemisphere, tap the lower that and then send it Lower. That'd be wonderful. So | ||
212 | |211 |00:21:48 ~-~-> 00:21:50 |again, no Market Replay required. | ||
213 | |212 |00:22:04 ~-~-> 00:22:06 |We haven't done enough work with | ||
214 | |213 |00:22:07 ~-~-> 00:22:13 |testing and then forward testing by just reading the tape. No executions. Those | ||
215 | |214 |00:22:13 ~-~-> 00:22:19 |little supposed dojis and whatnot are hammers that can trick you. I promise | ||
216 | |215 |00:22:19 ~-~-> 00:22:25 |you. Steve Nelson doesn't have any understanding of the algorithm that | ||
217 | |216 |00:22:25 ~-~-> 00:22:30 |controls price, so you can be fooled by things like that and think, Oh, this is | ||
218 | |217 |00:22:30 ~-~-> 00:22:32 |this is rejection. It's bullish. It's not. | ||
219 | |218 |00:22:35 ~-~-> 00:22:44 |Case in point. Let's say be careful, because these facetious statements that | ||
220 | |219 |00:22:44 ~-~-> 00:22:50 |I routinely include, that's | ||
221 | |220 |00:22:50 ~-~-> 00:22:55 |just me being me, and I'm reminding myself that I used to believe this | ||
222 | |221 |00:22:55 ~-~-> 00:23:01 |nonsense when candlesticks supposedly had some kind of sway over price. | ||
223 | |222 |00:23:04 ~-~-> 00:23:06 |Okay, so we traded right down | ||
224 | |223 |00:23:06 ~-~-> 00:23:09 |into that consequent encouragement, that wick we want to see it. Go through it | ||
225 | |224 |00:23:09 ~-~-> 00:23:17 |now, and you'll see that once we trade through it and close below it, the | ||
226 | |225 |00:23:17 ~-~-> 00:23:21 |market should stay heavy, meaning that it should still gravitate towards these | ||
227 | |226 |00:23:21 ~-~-> 00:23:29 |lows right in here, okay, and | ||
228 | |227 |00:23:35 ~-~-> 00:23:41 |this is labeled as a minor south side look pretty cool. | ||
229 | |228 |00:23:58 ~-~-> 00:24:02 |Now I know some of you are like, can you just make a template? It's so much | ||
230 | |229 |00:24:02 ~-~-> 00:24:08 |easier. Can you just let me do it the way I want to do it? I hear you all | ||
231 | |230 |00:24:08 ~-~-> 00:24:12 |right. So we had our close below consequent encroachments. Now we should | ||
232 | |231 |00:24:12 ~-~-> 00:24:15 |see heavy price doesn't mean it's gonna be a straight shot. Ideally, that's | ||
233 | |232 |00:24:16 ~-~-> 00:24:20 |always the best case scenario, but we don't require that. But because we've | ||
234 | |233 |00:24:20 ~-~-> 00:24:23 |done this now I can lower the stop loss and reduce the risk. | ||
235 | |234 |00:24:27 ~-~-> 00:24:30 |Now I have some of the risk, | ||
236 | |235 |00:24:31 ~-~-> 00:24:35 |and because we're below that. WIC, if you were inclined to, you say you're | ||
237 | |236 |00:24:35 ~-~-> 00:24:39 |brand new, and you really need to have that little encouragement, this would be | ||
238 | |237 |00:24:39 ~-~-> 00:24:44 |a wonderful time for you to take a partial off, okay? And that would simply | ||
239 | |238 |00:24:44 ~-~-> 00:24:48 |be done by changing whatever amount of position you have open. Right now I have | ||
240 | |239 |00:24:48 ~-~-> 00:24:57 |2.2 in leverage short. So I wouldn't take 750,000 off personally, but you | ||
241 | |240 |00:24:57 ~-~-> 00:25:02 |could take something like 100,000 or. In terms of leverage off, and that would | ||
242 | |241 |00:25:02 ~-~-> 00:25:08 |satisfy that impulsiveness to want to just have something in your win column. | ||
243 | |242 |00:25:10 ~-~-> 00:25:14 |And I'll just add the execution, since it's not going to be a problem revealing | ||
244 | |243 |00:25:14 ~-~-> 00:25:15 |anything now I'm | ||
245 | |244 |00:25:27 ~-~-> 00:25:32 |for joining the feedback from the members of the free telegram channel | ||
246 | |245 |00:25:34 ~-~-> 00:25:37 |you're all seeing what the paid mentorship students have been seeing for | ||
247 | |246 |00:25:37 ~-~-> 00:25:42 |a long, long time. I'm not that guy that you think I am. | ||
248 | |247 |00:25:48 ~-~-> 00:25:50 |Apparently I know how to trade, huh, | ||
249 | |248 |00:25:54 ~-~-> 00:25:59 |lot of marketing, some of the folks out there that don't understand how I got to | ||
250 | |249 |00:25:59 ~-~-> 00:26:00 |where I am in terms of | ||
251 | |250 |00:26:03 ~-~-> 00:26:04 |following | ||
252 | |251 |00:26:05 ~-~-> 00:26:13 |the cult, like following that companies. Me, it's all a part of marketing. And | ||
253 | |252 |00:26:13 ~-~-> 00:26:17 |you have to have a you have to have a character, and that's what I used ICT | ||
254 | |253 |00:26:17 ~-~-> 00:26:22 |for, that was you have to be polarizing too, because if it's just everybody | ||
255 | |254 |00:26:22 ~-~-> 00:26:26 |loves you, think about like for wrestling fans, like I've never been a | ||
256 | |255 |00:26:26 ~-~-> 00:26:30 |fan of John Cena because he's always been one, one sided, one dimensional. | ||
257 | |256 |00:26:31 ~-~-> 00:26:38 |And characters that have flipped from face to heel, face to heel, they those | ||
258 | |257 |00:26:38 ~-~-> 00:26:42 |characters are more entertaining. They're much more dynamic, and that's | ||
259 | |258 |00:26:42 ~-~-> 00:26:49 |what makes them loved or hated. And you have to have a polarizing persona on | ||
260 | |259 |00:26:49 ~-~-> 00:26:58 |social media. You have to have some kind of divisive rhetoric or some kind of an | ||
261 | |260 |00:26:58 ~-~-> 00:27:04 |angle to get people talking, and then you make yourself viral that way. And | ||
262 | |261 |00:27:04 ~-~-> 00:27:10 |one of the things that I did a lot was you poke fun at other people that claim | ||
263 | |262 |00:27:10 ~-~-> 00:27:14 |to be professionals or whatever. And I would do it with a demo account, which, | ||
264 | |263 |00:27:15 ~-~-> 00:27:23 |in and of itself is clowning, right? But the the polarizing views that would you | ||
265 | |264 |00:27:23 ~-~-> 00:27:29 |begin from, that is what caused the train wreck that people would want to | ||
266 | |265 |00:27:29 ~-~-> 00:27:34 |come and see, and that allowed me to build a crowd without ever paying for | ||
267 | |266 |00:27:34 ~-~-> 00:27:39 |advertising. But unfortunately, some of you just can't accept the fact that | ||
268 | |267 |00:27:39 ~-~-> 00:27:46 |that's what that was, I know how to trade clearly, but I allow folks to have | ||
269 | |268 |00:27:46 ~-~-> 00:27:50 |their strong opinions about me, because I know there's another side of the | ||
270 | |269 |00:27:50 ~-~-> 00:27:56 |community that will vehemently defend me, not that I need it, but it allowed | ||
271 | |270 |00:27:56 ~-~-> 00:28:02 |my my persona, to gain traction, and that's what viral marketing is all | ||
272 | |271 |00:28:02 ~-~-> 00:28:06 |about. You want to have something that people believe in so much that they're | ||
273 | |272 |00:28:06 ~-~-> 00:28:13 |willing to go to war over it, and that's how ICT built this following, not to | ||
274 | |273 |00:28:13 ~-~-> 00:28:15 |mention it's the best content out there too. | ||
275 | |274 |00:28:21 ~-~-> 00:28:24 |So we're in close proximity. Now this is about where I would want to take a | ||
276 | |275 |00:28:24 ~-~-> 00:28:31 |partial, okay, so just practicing when I preach, we can do something like this. | ||
277 | |276 |00:28:31 ~-~-> 00:28:31 |We'll take 250,000 | ||
278 | |277 |00:28:34 ~-~-> 00:28:38 |off. Okay, and you buy that there, | ||
279 | |278 |00:28:38 ~-~-> 00:28:44 |and that satisfies that desire to be right? Okay, that's what I teach. That's | ||
280 | |279 |00:28:44 ~-~-> 00:28:48 |what I I promote. If you look at all the mentorship stuff that I've put out over | ||
281 | |280 |00:28:48 ~-~-> 00:28:52 |the years, in the beginning, you're going to want to feel like you've done | ||
282 | |281 |00:28:52 ~-~-> 00:28:56 |something correct. Now, since you've done a partial, as soon as you take the | ||
283 | |282 |00:28:56 ~-~-> 00:29:04 |first partial, your stop has to cover costs. Then you submit to the idea that | ||
284 | |283 |00:29:04 ~-~-> 00:29:10 |the rest of the trade might go against you. And some of you that are highly | ||
285 | |284 |00:29:10 ~-~-> 00:29:13 |critical, if this were to turn around and stop me out where it's at right now, | ||
286 | |285 |00:29:13 ~-~-> 00:29:17 |you would look at it well, you left $1,700 on the table. That's stupid. | ||
287 | |286 |00:29:18 ~-~-> 00:29:25 |Well, the idea is that you have to grow as a trader to learn to trust these | ||
288 | |287 |00:29:25 ~-~-> 00:29:31 |moves. Nothing in here suggests that it's going to absolutely deliver. For | ||
289 | |288 |00:29:31 ~-~-> 00:29:36 |me, no trade is ever guaranteed. That's why we have to have stop loss otherwise. | ||
290 | |289 |00:29:36 ~-~-> 00:29:39 |I mean, I wouldn't even use a stop loss, and I would just go full leverage, | ||
291 | |290 |00:29:39 ~-~-> 00:29:43 |whatever the maximum leverage would be allowed, and I would trade every single | ||
292 | |291 |00:29:43 ~-~-> 00:29:47 |trade setup like that, but I don't do those things. Why? Because there's | ||
293 | |292 |00:29:47 ~-~-> 00:29:51 |inherent risks, and the market could always change on a dime. It can do | ||
294 | |293 |00:29:51 ~-~-> 00:29:58 |things that cause, you know, wild spikes, wild gyrations, and that might | ||
295 | |294 |00:29:58 ~-~-> 00:30:03 |be adverse. For whatever position I may hold, or whatever bias I may hold, for | ||
296 | |295 |00:30:03 ~-~-> 00:30:06 |that session, that day, that week, whatever instrument I'm using. So | ||
297 | |296 |00:30:07 ~-~-> 00:30:12 |because it's it's important to grow gradually in your understanding and not | ||
298 | |297 |00:30:12 ~-~-> 00:30:19 |expect overnight success, which, unfortunately, social media has promoted | ||
299 | |298 |00:30:19 ~-~-> 00:30:23 |the idea that that's possible where you can have you watch a video, listen to a | ||
300 | |299 |00:30:23 ~-~-> 00:30:28 |guy or gal explain some kind of a setup or whatever, and it's so easy, everybody | ||
301 | |300 |00:30:28 ~-~-> 00:30:32 |can do it, and then you go out there and you find it's not the case. And my | ||
302 | |301 |00:30:32 ~-~-> 00:30:36 |content is the same, like I can simplify it, like I did with the silver bullet. | ||
303 | |302 |00:30:37 ~-~-> 00:30:43 |But still, if you're not properly equipped with patience, understanding | ||
304 | |303 |00:30:43 ~-~-> 00:30:47 |what the setup is, understanding where the draw on liquidity is, that fair | ||
305 | |304 |00:30:47 ~-~-> 00:30:52 |value gap that forms after 10 o'clock, it's still going to not help you at all, | ||
306 | |305 |00:30:52 ~-~-> 00:30:58 |because you have just one component to it, and you have to have a combination | ||
307 | |306 |00:30:58 ~-~-> 00:31:01 |of ingredients to get blue ribbon results right. So | ||
308 | |307 |00:31:08 ~-~-> 00:31:14 |individuals are very critical, and they leave comments on my videos that only I | ||
309 | |308 |00:31:14 ~-~-> 00:31:21 |can see, but I I see a weakness in individuals that think just like that, | ||
310 | |309 |00:31:21 ~-~-> 00:31:25 |where they'll say, Well, if it, in other words, if it comes back up and stops me | ||
311 | |310 |00:31:25 ~-~-> 00:31:31 |out, and I only take 146 point 67 and this is a demo, by the way, because I | ||
312 | |311 |00:31:31 ~-~-> 00:31:34 |don't trade Forex anymore, but I promised I was going to teach you guys, | ||
313 | |312 |00:31:34 ~-~-> 00:31:37 |and I'll give you examples. And this is a London session setup, so you're going | ||
314 | |313 |00:31:37 ~-~-> 00:31:40 |to be mad. I'm going to see comments, why didn't you do this in the telegram | ||
315 | |314 |00:31:40 ~-~-> 00:31:44 |channel, or why you're not live streaming it because I'm not a signal | ||
316 | |315 |00:31:44 ~-~-> 00:31:48 |service, and remember, I'm doing this because I love doing it. You're asking | ||
317 | |316 |00:31:48 ~-~-> 00:31:52 |me to do things I'm not comfortable doing, and that that will steal the joy | ||
318 | |317 |00:31:52 ~-~-> 00:31:59 |from wanting to do it at all. Right? So understanding, gradual, increased | ||
319 | |318 |00:31:59 ~-~-> 00:32:07 |knowledge, experience, those things have to be modular. You can't squeeze in, you | ||
320 | |319 |00:32:07 ~-~-> 00:32:12 |know, five years of experience in a workshop or a seminar or webinar or one | ||
321 | |320 |00:32:12 ~-~-> 00:32:18 |video, or a five minute condensed video where there's no rant, there's no rant, | ||
322 | |321 |00:32:18 ~-~-> 00:32:22 |you know, here's an ICT or Michael Huddleston video, and I'm going to take | ||
323 | |322 |00:32:22 ~-~-> 00:32:31 |out all the most important stuff, videos or channels that do that they're | ||
324 | |323 |00:32:31 ~-~-> 00:32:37 |actually doing a disservice. You're not learning it properly. And then you see | ||
325 | |324 |00:32:37 ~-~-> 00:32:42 |people say, Well, I tried ICT stuff and I couldn't make it work. I promise you, | ||
326 | |325 |00:32:42 ~-~-> 00:32:46 |you're not going to make anything work. Because if I've given you step by step | ||
327 | |326 |00:32:46 ~-~-> 00:32:50 |rules and things and processes and protocols that this is what makes it | ||
328 | |327 |00:32:50 ~-~-> 00:32:56 |high probability, or changes it from low probability to high probability, then | ||
329 | |328 |00:32:57 ~-~-> 00:33:01 |you have to stick to it. You have to learn to engage in that. | ||
330 | |329 |00:33:04 ~-~-> 00:33:06 |This is also one that was trading below | ||
331 | |330 |00:33:08 ~-~-> 00:33:14 |that low here. That would be a nice partial too, because it's trading into a | ||
332 | |331 |00:33:14 ~-~-> 00:33:15 |minor cell cycle. | ||
333 | |332 |00:33:21 ~-~-> 00:33:25 |It touches the top of that five minute Python analysis on efficiency, that | ||
334 | |333 |00:33:25 ~-~-> 00:33:27 |little pink area that | ||
335 | |334 |00:33:27 ~-~-> 00:33:28 |could also be a partial. | ||
336 | |335 |00:33:35 ~-~-> 00:33:38 |Over the years, when you get more confident that you feel like you've | ||
337 | |336 |00:33:39 ~-~-> 00:33:43 |you've properly positioned yourself in a move, then you don't have to do any | ||
338 | |337 |00:33:43 ~-~-> 00:33:48 |partials. That's a little bit hard to do. Admittedly, it took a long time for | ||
339 | |338 |00:33:48 ~-~-> 00:33:53 |me to get to that, that frame of mind, you know, I could see a lot of moves | ||
340 | |339 |00:33:53 ~-~-> 00:33:58 |when I was coming up as a 20 year old, and the impatience of I just want to be | ||
341 | |340 |00:33:58 ~-~-> 00:34:03 |right. I want to be right. You know that as a as a young man, I struggle with | ||
342 | |341 |00:34:03 ~-~-> 00:34:10 |that a lot, and one of the best tools to combat that is learning to just simply | ||
343 | |342 |00:34:10 ~-~-> 00:34:15 |take something off, and when you're not trying to share your results with | ||
344 | |343 |00:34:15 ~-~-> 00:34:21 |everybody on social media. It's actually easier to do that because you paying | ||
345 | |344 |00:34:21 ~-~-> 00:34:27 |yourself in a well funded, winning trade, but before it's closed and has | ||
346 | |345 |00:34:27 ~-~-> 00:34:31 |full realized profit? In other words, full realized profit is when this limit | ||
347 | |346 |00:34:31 ~-~-> 00:34:37 |order gets hit, and then everything on this trade collapses. The stop goes | ||
348 | |347 |00:34:37 ~-~-> 00:34:43 |away, the position profitability, or open profitability, the P and L for it | ||
349 | |348 |00:34:43 ~-~-> 00:34:49 |ceases to exist, and then you are now at a finite, closed position where, hey, | ||
350 | |349 |00:34:49 ~-~-> 00:34:53 |this is all you got. You can't make anymore. You can't lose anymore. | ||
351 | |350 |00:34:56 ~-~-> 00:35:00 |That that struggle is. Until | ||
352 | |351 |00:35:00 ~-~-> 00:35:05 |that happens like this is the finish line here. In the entire time you're in | ||
353 | |352 |00:35:05 ~-~-> 00:35:10 |the trade, you're wrestling with, what if it goes even lower, or what if it | ||
354 | |353 |00:35:10 ~-~-> 00:35:16 |never goes there at all. Those constantly come up in my mind too. But | ||
355 | |354 |00:35:16 ~-~-> 00:35:21 |when I when I have those thoughts, I remember, I've been doing this for 33 | ||
356 | |355 |00:35:21 ~-~-> 00:35:28 |years. What have I seen happen more times than not see that's the benefit of | ||
357 | |356 |00:35:28 ~-~-> 00:35:34 |back testing, then tape reading, forward testing with a demo and then going in, | ||
358 | |357 |00:35:34 ~-~-> 00:35:38 |trading with real money and doing it for years and decades. You lean on logic | ||
359 | |358 |00:35:38 ~-~-> 00:35:44 |that you have seen happen, and you can't get that same experience from a book or | ||
360 | |359 |00:35:44 ~-~-> 00:35:49 |even watching all my videos. It doesn't, it doesn't translate like you want it to | ||
361 | |360 |00:35:49 ~-~-> 00:35:53 |you want it to be like you watch something or you listen to someone and | ||
362 | |361 |00:35:53 ~-~-> 00:35:57 |you feel like, okay, all I have to do is hear it one time and I'll be able to | ||
363 | |362 |00:35:57 ~-~-> 00:36:00 |determine if that's real good or not. When you don't have any experience as a | ||
364 | |363 |00:36:01 ~-~-> 00:36:05 |as a beginner or as a new student, you have no you have no foundation to lean | ||
365 | |364 |00:36:05 ~-~-> 00:36:11 |upon. Everything's a new experience for you. So remember the first time you | ||
366 | |365 |00:36:11 ~-~-> 00:36:16 |dated, the first time your girlfriend held your hand. You that, that feeling | ||
367 | |366 |00:36:16 ~-~-> 00:36:20 |of you can't even think clearly, you lost all control. Your mind's racing | ||
368 | |367 |00:36:20 ~-~-> 00:36:25 |with all kinds of wonderful thoughts, right? So that's how my children got | ||
369 | |368 |00:36:25 ~-~-> 00:36:31 |here, by the way. Yeah, I have the I have tendencies, you know, as a man, and | ||
370 | |369 |00:36:31 ~-~-> 00:36:35 |those same things occur when you're a new student and trading the idea of | ||
371 | |370 |00:36:35 ~-~-> 00:36:40 |making a lot of money, that idea of being profitable, see, that kind of | ||
372 | |371 |00:36:40 ~-~-> 00:36:44 |stuff like that, that doesn't worry me, even if it comes back and stops me out, | ||
373 | |372 |00:36:44 ~-~-> 00:36:47 |it does not bother me, because I know there's setups that are going to repeat | ||
374 | |373 |00:36:47 ~-~-> 00:36:52 |over and over and over again, that if this gets stopped out, it's okay. It | ||
375 | |374 |00:36:52 ~-~-> 00:36:56 |doesn't mean the stuff stops working. Doesn't mean the model is broken. It | ||
376 | |375 |00:36:56 ~-~-> 00:37:00 |doesn't mean that they change the algorithm. It just simply means that I | ||
377 | |376 |00:37:00 ~-~-> 00:37:07 |didn't get more than what I got, and it's okay, I made more than 99.9% of you | ||
378 | |377 |00:37:07 ~-~-> 00:37:11 |out there that are brand new as traders that don't know what you're looking for. | ||
379 | |378 |00:37:11 ~-~-> 00:37:16 |And that's what I had to tell myself every single time as a 20 year old, when | ||
380 | |379 |00:37:16 ~-~-> 00:37:21 |I did it right, I reminded myself, I followed my plan, I follow my strategy, | ||
381 | |380 |00:37:21 ~-~-> 00:37:29 |I follow the concepts that I'm forging. And until you wrestle that idea of I | ||
382 | |381 |00:37:29 ~-~-> 00:37:33 |don't need to change anything. I have something that works, but what I have | ||
383 | |382 |00:37:33 ~-~-> 00:37:38 |doesn't work 100% of time. Nothing works 100% of time. Absolutely nothing works | ||
384 | |383 |00:37:38 ~-~-> 00:37:42 |100% of the time. So you have to submit yourself to the idea that if I know | ||
385 | |384 |00:37:42 ~-~-> 00:37:49 |there's a probability of it working more time than not, then all I have to do is | ||
386 | |385 |00:37:49 ~-~-> 00:37:54 |manage risk and then simply trade the setup. The setup is, I'm looking for | ||
387 | |386 |00:37:54 ~-~-> 00:37:59 |price to get below this low to what degree it can go down to that | ||
388 | |387 |00:37:59 ~-~-> 00:38:06 |inefficiency that was framed on the five minute chart. Simple, but hard to do | ||
389 | |388 |00:38:06 ~-~-> 00:38:09 |when you're brand new, because you see things like this, and you're thinking, | ||
390 | |389 |00:38:09 ~-~-> 00:38:12 |what happens if it turns around, goes higher, then it goes higher, you can't | ||
391 | |390 |00:38:12 ~-~-> 00:38:19 |stop it. You can't stop it. I can't stop it. So you have to simply allow price to | ||
392 | |391 |00:38:19 ~-~-> 00:38:24 |do whatever price is going to do. And the best thing that you can do is limit | ||
393 | |392 |00:38:24 ~-~-> 00:38:29 |risk, manage risk impeccably, and follow the setup or the idea that you're using | ||
394 | |393 |00:38:29 ~-~-> 00:38:33 |to trade. And you have to do it consistently. Don't change it, don't try | ||
395 | |394 |00:38:33 ~-~-> 00:38:38 |to add new parameters to it. Keep it very, very simple. And by doing that, | ||
396 | |395 |00:38:38 ~-~-> 00:38:43 |what you'll do is you'll discover all the things that you generally overthink | ||
397 | |396 |00:38:43 ~-~-> 00:38:48 |about and you worry about and obsessively, compulsively stress about, | ||
398 | |397 |00:38:49 ~-~-> 00:38:53 |many times they're not even there, the what if scenarios, what if it doesn't do | ||
399 | |398 |00:38:53 ~-~-> 00:38:57 |this, and what if it does this? What happens if the trade does exactly what | ||
400 | |399 |00:38:57 ~-~-> 00:39:01 |you hoped it would do? That's what you're constantly looking for. I'm | ||
401 | |400 |00:39:01 ~-~-> 00:39:06 |looking at this for feedback. Does price indicate that it's still adhering to | ||
402 | |401 |00:39:06 ~-~-> 00:39:09 |what I believe it's going to do, which is trade down into this inefficiency? | ||
403 | |402 |00:39:09 ~-~-> 00:39:16 |Notice this line in here, let me, let me darken it up that that midpoint or | ||
404 | |403 |00:39:16 ~-~-> 00:39:19 |consequent encouragement of that five minute buy something to balance outside | ||
405 | |404 |00:39:19 ~-~-> 00:39:25 |efficiency. My limit order is above that to get out. So if it comes down and just | ||
406 | |405 |00:39:25 ~-~-> 00:39:28 |falls short of touching the consequent encouragement that still will fill my | ||
407 | |406 |00:39:28 ~-~-> 00:39:36 |limit order, I'm not in a rush to jam my stop loss down. This is a in this very, | ||
408 | |407 |00:39:36 ~-~-> 00:39:41 |very crucial thing for your development. Once you take a partial, you've made | ||
409 | |408 |00:39:41 ~-~-> 00:39:46 |money, you've taken something out, you move the stop loss to cover costs, and | ||
410 | |409 |00:39:46 ~-~-> 00:39:53 |that's it. Then you live in that trade until it delivers what you want it to | ||
411 | |410 |00:39:53 ~-~-> 00:39:58 |do, where it trades into your target. There's no other way, folks, there's | ||
412 | |411 |00:39:58 ~-~-> 00:40:02 |simply no other way. Way to get to the experience level that you're asking many | ||
413 | |412 |00:40:02 ~-~-> 00:40:07 |times in the comment section, when you send me emails, when you send me posts | ||
414 | |413 |00:40:07 ~-~-> 00:40:12 |on X, when you send me things you know, on trading view, and you comment, you | ||
415 | |414 |00:40:12 ~-~-> 00:40:18 |ask, you know, how do I hold trades? How do I put positions on and not have a | ||
416 | |415 |00:40:18 ~-~-> 00:40:22 |stop loss that freaks me out? Or I put a stop loss where I believe it's not going | ||
417 | |416 |00:40:22 ~-~-> 00:40:25 |to go. What? What gives me the conviction or the confidence? It's the | ||
418 | |417 |00:40:25 ~-~-> 00:40:30 |fact that I submitted myself three decades plus, doing things that are | ||
419 | |418 |00:40:30 ~-~-> 00:40:36 |uncomfortable. That's all it is. But because you don't know what it is you're | ||
420 | |419 |00:40:36 ~-~-> 00:40:40 |trying to do, even if you watch my videos, it doesn't translate into you | ||
421 | |420 |00:40:40 ~-~-> 00:40:43 |knowing how I trade it doesn't mean that you can go out there and do the same | ||
422 | |421 |00:40:43 ~-~-> 00:40:50 |thing, because you are avoiding the very paramount issue of being personally | ||
423 | |422 |00:40:50 ~-~-> 00:40:55 |responsible. That means understanding what the content is, the concept, and | ||
424 | |423 |00:40:55 ~-~-> 00:40:59 |then going back into your charts, looking for it in hindsight, not just | ||
425 | |424 |00:40:59 ~-~-> 00:41:04 |one time for months. It takes months of studying something just like in med | ||
426 | |425 |00:41:04 ~-~-> 00:41:08 |school. Would you want someone doing surgery on your child or your wife or | ||
427 | |426 |00:41:08 ~-~-> 00:41:11 |your husband, your loved one, your mother or father, if they just simply | ||
428 | |427 |00:41:11 ~-~-> 00:41:15 |watched a video about doing open heart surgery? They're equipped now because | ||
429 | |428 |00:41:15 ~-~-> 00:41:22 |they watch the video. No, no, I wouldn't want to. So you have to treat this | ||
430 | |429 |00:41:22 ~-~-> 00:41:28 |trading business that you're building with even greater, you know, scrutiny. | ||
431 | |430 |00:41:28 ~-~-> 00:41:32 |You have to allow yourself to say, Okay, it's going to take me time. How much | ||
432 | |431 |00:41:32 ~-~-> 00:41:36 |time I don't know, you don't know either, but you have to be willing to | ||
433 | |432 |00:41:36 ~-~-> 00:41:41 |submit yourself to whatever degree of adversity and time is going to require | ||
434 | |433 |00:41:41 ~-~-> 00:41:47 |for you to work through whatever complications you have while learning | ||
435 | |434 |00:41:47 ~-~-> 00:41:52 |it. And that's a very hard thing to do in the beginning, because you have all | ||
436 | |435 |00:41:52 ~-~-> 00:41:58 |these concerns, and mostly it's greed. You just simply want to learn how to | ||
437 | |436 |00:41:58 ~-~-> 00:42:01 |make money right now, because in your mind, you're thinking, if I could just | ||
438 | |437 |00:42:01 ~-~-> 00:42:04 |make money, if I could just get a funded accountant and get a payout one time, | ||
439 | |438 |00:42:04 ~-~-> 00:42:08 |even if it's 500 bucks, that's going to be a huge Look at that. It's almost | ||
440 | |439 |00:42:08 ~-~-> 00:42:09 |like, | ||
441 | |440 |00:42:10 ~-~-> 00:42:11 |oh, you see that? | ||
442 | |441 |00:42:14 ~-~-> 00:42:19 |Come on, get down here and give it to me. You jokers. They traded down into | ||
443 | |442 |00:42:19 ~-~-> 00:42:24 |the just shy of the consequent encroachment right there. So you see it | ||
444 | |443 |00:42:25 ~-~-> 00:42:32 |wicked down into it. But they didn't give you the oh, now they, come on, come | ||
445 | |444 |00:42:32 ~-~-> 00:42:34 |on, get down in there. | ||
446 | |445 |00:42:41 ~-~-> 00:42:48 |Just in case insurance, and now, because it did that, I'll put the stop loss | ||
447 | |446 |00:42:48 ~-~-> 00:42:48 |there | ||
448 | |447 |00:42:50 ~-~-> 00:42:54 |whenever I have an issue where the limit order should have filled and doesn't | ||
449 | |448 |00:42:57 ~-~-> 00:43:01 |bring that stop down if I'm short, and vice versa, if I'm long, because it | ||
450 | |449 |00:43:01 ~-~-> 00:43:05 |could just simply just deny me, and if you strong hold it in arm wrestle and | ||
451 | |450 |00:43:05 ~-~-> 00:43:11 |say no, I'm gonna demand Everything or Nothing. It's just it never. It never | ||
452 | |451 |00:43:11 ~-~-> 00:43:15 |really pants out well for me, so rules and processes, that's what it is. So if | ||
453 | |452 |00:43:15 ~-~-> 00:43:17 |it comes back and stops me out, at | ||
454 | |453 |00:43:20 ~-~-> 00:43:26 |least I made another 1353, hypothetically, right? So | ||
455 | |454 |00:43:27 ~-~-> 00:43:33 |seeing it deliver it's still just as good, and seeing it not fill is | ||
456 | |455 |00:43:33 ~-~-> 00:43:37 |something that's also beneficial for you as a student watching. But remember, we | ||
457 | |456 |00:43:37 ~-~-> 00:43:42 |were watching all of it up here, and what I was trying to articulate to you | ||
458 | |457 |00:43:42 ~-~-> 00:43:46 |is I could visualize how, when we were inside this bison balance of sign | ||
459 | |458 |00:43:46 ~-~-> 00:43:50 |efficiency, staying in the lower half like this, that's important, and then | ||
460 | |459 |00:43:50 ~-~-> 00:43:55 |the market gravitating down to this low, and below that low, to what degree | ||
461 | |460 |00:43:56 ~-~-> 00:44:00 |inside that five minute bicycle analysis on efficiency. So I I really | ||
462 | |461 |00:44:07 ~-~-> 00:44:09 |wouldn't want to see it trade back up to this | ||
463 | |462 |00:44:10 ~-~-> 00:44:14 |inversion for value gap, because we've already used it here. We failed to go to | ||
464 | |463 |00:44:14 ~-~-> 00:44:18 |the midpoint, and then we broke lower and traded below the minor sell side | ||
465 | |464 |00:44:18 ~-~-> 00:44:23 |liquidity pool. So you know, all things being equal, either it takes my stop | ||
466 | |465 |00:44:23 ~-~-> 00:44:28 |loss here or stops me out, either, either case. Now I'm okay with it, | ||
467 | |466 |00:44:28 ~-~-> 00:44:32 |because you've watched it deliver where I was saying it was going to go, it just | ||
468 | |467 |00:44:32 ~-~-> 00:44:34 |simply didn't execute on the limit order, | ||
469 | |468 |00:44:35 ~-~-> 00:44:39 |which is going to happen sometimes. Why does that? Why does that happen? You | ||
470 | |469 |00:44:39 ~-~-> 00:44:43 |know, you're going to ask me that sometimes it simply says, No, | ||
471 | |470 |00:44:48 ~-~-> 00:45:20 |hmm. That stop might be taken, but it's okay. | ||
472 | |471 |00:45:25 ~-~-> 00:45:30 |This is why partials pay 100% of the time. There's never been a partial | ||
473 | |472 |00:45:30 ~-~-> 00:45:35 |profit that was never profitable. Think about that. It's 100% success rate in | ||
474 | |473 |00:45:35 ~-~-> 00:45:42 |taking partial profits and knowing when to do it, why you should do it. It's all | ||
475 | |474 |00:45:42 ~-~-> 00:45:44 |based on things I've already taught. | ||
476 | |475 |00:45:55 ~-~-> 00:46:00 |It's a new trader or new student. You might get angry here. You might get mood | ||
477 | |476 |00:46:00 ~-~-> 00:46:05 |and cause you to feel like you want to. Whenever this trade gets stopped out or | ||
478 | |477 |00:46:05 ~-~-> 00:46:10 |goes to limit order, should whatever side it happens to execute on, you might | ||
479 | |478 |00:46:10 ~-~-> 00:46:14 |feel a certain kind of way where you feel like you were robbed of something, | ||
480 | |479 |00:46:14 ~-~-> 00:46:18 |and you get stimulated to the degree where now you want to have some kind of | ||
481 | |480 |00:46:18 ~-~-> 00:46:23 |revenge, or you feel like you've beat them, and now you're wanting to go back | ||
482 | |481 |00:46:23 ~-~-> 00:46:27 |into the arena like a gladiator. Never, never, never, never act on those | ||
483 | |482 |00:46:27 ~-~-> 00:46:32 |impulsive thoughts if you get stopped out, be content with what you've been | ||
484 | |483 |00:46:32 ~-~-> 00:46:36 |given. The Lord blessed you with that. Be content with it. Enough is enough. | ||
485 | |484 |00:46:38 ~-~-> 00:46:42 |But when you submit yourself the idea of these intrusive thoughts where you feel | ||
486 | |485 |00:46:42 ~-~-> 00:46:46 |like you have to go out and get more because it didn't pan out exactly like | ||
487 | |486 |00:46:46 ~-~-> 00:46:49 |you wanted to do, like in a perfect world, the limit order should have | ||
488 | |487 |00:46:49 ~-~-> 00:46:54 |filled. It should have filled on that dive down in there. But if this was your | ||
489 | |488 |00:46:54 ~-~-> 00:46:59 |trade and did that, where it went below, it should have filled. But didn't, you | ||
490 | |489 |00:46:59 ~-~-> 00:47:05 |now have a new sensation in your mind. You're having thoughts, you're amped up. | ||
491 | |490 |00:47:06 ~-~-> 00:47:12 |You have a lot more emotional attachment to what the market has done to you that | ||
492 | |491 |00:47:12 ~-~-> 00:47:16 |day, even in this case, being profitable, hypothetically, because it's | ||
493 | |492 |00:47:16 ~-~-> 00:47:21 |a demo account, I don't trade with Forex with real money, okay, but because I'm | ||
494 | |493 |00:47:21 ~-~-> 00:47:26 |teaching you, I'm showing you what it is that you're asking questions about, | ||
495 | |494 |00:47:28 ~-~-> 00:47:33 |I have to execute right so, but if this was your trade, | ||
496 | |495 |00:47:34 ~-~-> 00:47:36 |you would feel inclined, because I'm telling you, I did the same thing as a | ||
497 | |496 |00:47:36 ~-~-> 00:47:41 |20 year old. When the bond market would do things like this to me, I would get | ||
498 | |497 |00:47:41 ~-~-> 00:47:46 |really mad. I'd be like, Why did they why did they not get me out? Let broker | ||
499 | |498 |00:47:46 ~-~-> 00:47:52 |screwed me that that brokerage firm denied me Okay, and now I'm mad about | ||
500 | |499 |00:47:52 ~-~-> 00:47:57 |something that's outside of the trade. It's outside of what with the trade | ||
501 | |500 |00:47:57 ~-~-> 00:48:03 |still open. So now, am I focusing on what the price is doing. No, I'm mad. | ||
502 | |501 |00:48:03 ~-~-> 00:48:08 |I'm distracted about something that I had no control over. I can't go back and | ||
503 | |502 |00:48:08 ~-~-> 00:48:12 |change it. The broker is not going to say, well, let me go back and just, | ||
504 | |503 |00:48:12 ~-~-> 00:48:16 |we'll, we'll give you a fill there. If they do, they're a wonderful broker. | ||
505 | |504 |00:48:16 ~-~-> 00:48:20 |I've never had that experience with anyone. And the bottom line is, is you | ||
506 | |505 |00:48:20 ~-~-> 00:48:26 |have to stay focused. You have to know what is you're looking for. Adhere to | ||
507 | |506 |00:48:26 ~-~-> 00:48:32 |that logic come hell or high water, the trade stops you out where you placed | ||
508 | |507 |00:48:32 ~-~-> 00:48:33 |your stop with logic | ||
509 | |508 |00:48:34 ~-~-> 00:48:37 |or it gives you your target. | ||
510 | |509 |00:48:37 ~-~-> 00:48:41 |And at the end of that trade, whether stopped out or Hence your limit order. | ||
511 | |510 |00:48:42 ~-~-> 00:48:46 |Until that occurs, you have to submit to the original trade idea in the logic | ||
512 | |511 |00:48:46 ~-~-> 00:48:53 |that you use to get into it. And it's not easy to do in the beginning. It's | ||
513 | |512 |00:48:53 ~-~-> 00:48:58 |very, very hard. It's complicated. It's complex. It feels like it's an | ||
514 | |513 |00:48:58 ~-~-> 00:49:03 |insurmountable task that you'll never get past that point, but eventually, if | ||
515 | |514 |00:49:03 ~-~-> 00:49:09 |you keep doing it, you do, and far too little people that go into trading ever | ||
516 | |515 |00:49:09 ~-~-> 00:49:16 |make it through that threshold. I could teach you until the end of my life. I | ||
517 | |516 |00:49:16 ~-~-> 00:49:21 |could teach you everything that I'd be willing to only teach my kids. For the | ||
518 | |517 |00:49:21 ~-~-> 00:49:25 |majority of you, it would not help you, because you're not equipped to be number | ||
519 | |518 |00:49:25 ~-~-> 00:49:30 |one personally responsible or work on the things that are problematic in most | ||
520 | |519 |00:49:30 ~-~-> 00:49:37 |most individuals, which is impatience, greed, fear. How many times watching | ||
521 | |520 |00:49:37 ~-~-> 00:49:42 |this did you feel like the market was going to do a certain thing, and if this | ||
522 | |521 |00:49:42 ~-~-> 00:49:46 |was your trade, here's my limit order. How many times did you watch it and | ||
523 | |522 |00:49:46 ~-~-> 00:49:51 |think to yourself that it this is what's likely to happen if you were in that | ||
524 | |523 |00:49:51 ~-~-> 00:49:55 |trade, you found some kind of anxiety, but you're not really in the trade, but | ||
525 | |524 |00:49:55 ~-~-> 00:50:01 |you're watching it. If I could show you how many times. Uh, individuals you | ||
526 | |525 |00:50:01 ~-~-> 00:50:06 |commented about how they watch when I'm executing where my stop loss is real | ||
527 | |526 |00:50:06 ~-~-> 00:50:11 |close to price, but it doesn't go there. And they'd say I was anxious. I felt | ||
528 | |527 |00:50:11 ~-~-> 00:50:16 |anxious and I was watching trade and I felt like I was in it, and I would be so | ||
529 | |528 |00:50:16 ~-~-> 00:50:20 |scared. Well, it's because you have not done enough in the past. That's the | ||
530 | |529 |00:50:20 ~-~-> 00:50:25 |work. That's what even all of my paid mentorship students that failed, and | ||
531 | |530 |00:50:25 ~-~-> 00:50:30 |they get angry and they have emotional, you know, opinions about me, all they're | ||
532 | |531 |00:50:30 ~-~-> 00:50:37 |doing is deflecting anyone that comes to me and doesn't see the value of what it | ||
533 | |532 |00:50:37 ~-~-> 00:50:41 |is I'm teaching, because I'm actually using the logic you're watching me use | ||
534 | |533 |00:50:41 ~-~-> 00:50:47 |it in telegram in a setting that's not monetized. I could go on live stream | ||
535 | |534 |00:50:47 ~-~-> 00:50:52 |again and say everything I'm saying in that telegram channel. I'm proving to | ||
536 | |535 |00:50:52 ~-~-> 00:50:58 |you that I don't need YouTube. Need YouTube AdSense. I don't care. I love | ||
537 | |536 |00:50:58 ~-~-> 00:51:01 |teaching. I love it. I absolutely love it. I absolutely love it, because I | ||
538 | |537 |00:51:01 ~-~-> 00:51:04 |remember what it was like when I was a 20 year old, and I wished there was | ||
539 | |538 |00:51:04 ~-~-> 00:51:10 |somebody like me today, and there wasn't. So I became the Santa Claus. I | ||
540 | |539 |00:51:10 ~-~-> 00:51:14 |became the myth, the legend, the guy that knows it and just gives it to you | ||
541 | |540 |00:51:14 ~-~-> 00:51:18 |for free. Because if he really knows what he's doing, if he really knows what | ||
542 | |541 |00:51:18 ~-~-> 00:51:23 |he's doing, and can make money, and he doesn't need your money. He's not going | ||
543 | |542 |00:51:23 ~-~-> 00:51:27 |to ask for it. He's just going to say, hey, you know what? I know what it felt | ||
544 | |543 |00:51:27 ~-~-> 00:51:32 |like. I know what it felt like for me, and I know it's no different to anyone | ||
545 | |544 |00:51:32 ~-~-> 00:51:36 |else. When they first start, they it's hard to trust anyone. And my question | ||
546 | |545 |00:51:36 ~-~-> 00:51:43 |is, what's preventing you from trusting me. I don't need you to trust me. | ||
547 | |546 |00:51:43 ~-~-> 00:51:49 |Remember that I don't need anything from you as the audience, but I want you to | ||
548 | |547 |00:51:49 ~-~-> 00:51:52 |think about for a second, why would you not trust me? | ||
549 | |548 |00:51:54 ~-~-> 00:51:58 |I haven't asked for a payment. I don't ask for you to even say thank you | ||
550 | |549 |00:51:58 ~-~-> 00:51:58 |anymore. | ||
551 | |550 |00:52:00 ~-~-> 00:52:06 |I'm saying just judge what you see me do judge by what you see me. Explain before | ||
552 | |551 |00:52:06 ~-~-> 00:52:14 |it happens. Look at them. Amazing degree of profitable students that I have, the | ||
553 | |552 |00:52:14 ~-~-> 00:52:20 |prop firm companies hate my students. A lot of the things that you're seeing | ||
554 | |553 |00:52:20 ~-~-> 00:52:23 |them change the rules, it's because my students are beating their rear end. | ||
555 | |554 |00:52:24 ~-~-> 00:52:28 |They're taking money from them, and they're coming up with all these | ||
556 | |555 |00:52:28 ~-~-> 00:52:31 |different excuses why they got to change the rules and make trading even harder | ||
557 | |556 |00:52:31 ~-~-> 00:52:35 |than it would be if you were just trading with your own money. And that's | ||
558 | |557 |00:52:35 ~-~-> 00:52:39 |why I'm doing it, because I'm telling you these prop firms, and not even | ||
559 | |558 |00:52:39 ~-~-> 00:52:45 |really prop, okay, these monetized demo accounts, they're going to be like the | ||
560 | |559 |00:52:45 ~-~-> 00:52:50 |dinosaurs eventually. They're not going to be here, folks, I promise you, | ||
561 | |560 |00:52:50 ~-~-> 00:52:55 |they're not going to be here. And they're in the fall of their life cycle, | ||
562 | |561 |00:52:56 ~-~-> 00:52:58 |and you see it with all of their extreme | ||
563 | |562 |00:52:58 ~-~-> 00:53:03 |complications and rules. And you can't do this. You can't do that. Deny your | ||
564 | |563 |00:53:03 ~-~-> 00:53:06 |payments. Deny your payments. Eventually, what's going to happen is | ||
565 | |564 |00:53:06 ~-~-> 00:53:08 |there's going to be class action lawsuits against | ||
566 | |565 |00:53:08 ~-~-> 00:53:13 |these firms, and they're gonna be forced to shut down. So doesn't it make sense | ||
567 | |566 |00:53:13 ~-~-> 00:53:16 |for you to learn how to do this properly, even with a little bit of | ||
568 | |567 |00:53:16 ~-~-> 00:53:20 |money, just a little bit of money, of what you already wasted in Prop firm | ||
569 | |568 |00:53:20 ~-~-> 00:53:25 |companies. If you put that into a brokerage firm that is a deep discount | ||
570 | |569 |00:53:25 ~-~-> 00:53:28 |brokerage, I'm not going to put anybody's name here, because I'm not | ||
571 | |570 |00:53:28 ~-~-> 00:53:32 |going to be viewed as an introducing broker, which I'm not. I'm not | ||
572 | |571 |00:53:32 ~-~-> 00:53:41 |affiliated with any company, any entity, any brokerage firm, none. So if you were | ||
573 | |572 |00:53:41 ~-~-> 00:53:46 |to take this logic and apply it to your own money when you're just trading with | ||
574 | |573 |00:53:46 ~-~-> 00:53:48 |one micro contract, | ||
575 | |574 |00:53:50 ~-~-> 00:53:52 |think about it. You're going | ||
576 | |575 |00:53:52 ~-~-> 00:53:56 |to do far better than what you're doing wasting time gambling in these prop firm | ||
577 | |576 |00:53:56 ~-~-> 00:53:59 |companies you're trying to get rich when a lottery win, because you're watching | ||
578 | |577 |00:53:59 ~-~-> 00:54:05 |these influencers do it when they don't have to pay for their resets, and | ||
579 | |578 |00:54:05 ~-~-> 00:54:07 |they're getting rich off of your failures. | ||
580 | |579 |00:54:09 ~-~-> 00:54:12 |So again, let me ask you, why don't you trust me? | ||
581 | |580 |00:54:15 ~-~-> 00:54:20 |Because you believe all the things you've heard about me and you've never | ||
582 | |581 |00:54:20 ~-~-> 00:54:25 |watched it firsthand, and now you're seeing it. And for some of you, you're | ||
583 | |582 |00:54:25 ~-~-> 00:54:29 |contacting me, and you're saying I am having a real hard time believing what | ||
584 | |583 |00:54:29 ~-~-> 00:54:32 |I'm seeing, because I've always thought you were a scammer. I always thought you | ||
585 | |584 |00:54:32 ~-~-> 00:54:36 |were a fraud, and I believed everything, and I got caught up in all that, but I'm | ||
586 | |585 |00:54:36 ~-~-> 00:54:42 |having a hard time wrestling with what I'm watching you do live. I understand, | ||
587 | |586 |00:54:42 ~-~-> 00:54:45 |and I take that as a compliment. That means the persona I put out there that | ||
588 | |587 |00:54:45 ~-~-> 00:54:51 |was very divisive was amazingly effective, and it's okay, but all I'm | ||
589 | |588 |00:54:51 ~-~-> 00:54:57 |asking you to do is simply just judge by what you see given to you beforehand, | ||
590 | |589 |00:54:58 ~-~-> 00:55:03 |and then submit to the. Process. It's not costing you any money, and it won't | ||
591 | |590 |00:55:03 ~-~-> 00:55:09 |take you very much time to see initial evidence that there's something beyond | ||
592 | |591 |00:55:09 ~-~-> 00:55:14 |what you think is buying and selling pressure. And once you, once that bug | ||
593 | |592 |00:55:14 ~-~-> 00:55:15 |bites you, | ||
594 | |593 |00:55:18 ~-~-> 00:55:22 |you're ICT infected for life, and there's no cure, because | ||
595 | |594 |00:55:22 ~-~-> 00:55:26 |you'll never look at the market differently. You'll never listen or even | ||
596 | |595 |00:55:26 ~-~-> 00:55:29 |tolerate anybody else out there trying to explain to you why the market's going | ||
597 | |596 |00:55:29 ~-~-> 00:55:39 |to go up or down. And then you become what we considered our cult member. And | ||
598 | |597 |00:55:39 ~-~-> 00:55:43 |it's, you know, it's funny to think about it that way, but it's okay. It | ||
599 | |598 |00:55:43 ~-~-> 00:55:44 |just means that you now are, | ||
600 | |599 |00:55:46 ~-~-> 00:55:47 |you're initiated, | ||
601 | |600 |00:55:48 ~-~-> 00:55:54 |and for people outside of our circle, our understanding, it seems cultish. It | ||
602 | |601 |00:55:54 ~-~-> 00:56:00 |seems like, you know, we're all just, you know, Hive minded, and you can't see | ||
603 | |602 |00:56:00 ~-~-> 00:56:06 |that I'm something that I'm not. Let's say it that way, that that's the | ||
604 | |603 |00:56:06 ~-~-> 00:56:08 |perceived idea. | ||
605 | |604 |00:56:09 ~-~-> 00:56:14 |But what happens when these same people like yourself sit down and say, You know | ||
606 | |605 |00:56:14 ~-~-> 00:56:17 |what, I'm gonna look for this guy to get it wrong, and you're still waiting, | ||
607 | |606 |00:56:17 ~-~-> 00:56:23 |aren't you? I'm not trying to be egotistical. I'm talking to you like we | ||
608 | |607 |00:56:23 ~-~-> 00:56:28 |were talking like we just met face to face. I don't drink, I don't go to a bar | ||
609 | |608 |00:56:28 ~-~-> 00:56:31 |or anything like that, but somehow we met somewhere, and you're just talking | ||
610 | |609 |00:56:34 ~-~-> 00:56:41 |you're seeing things that shouldn't be possible. You're seeing things outlined | ||
611 | |610 |00:56:41 ~-~-> 00:56:50 |in a way that has to be time travel or some kind of superior intellect, and | ||
612 | |611 |00:56:50 ~-~-> 00:56:51 |it's neither. | ||
613 | |612 |00:56:53 ~-~-> 00:56:59 |It's an understanding of how these markets really book, and it's not based | ||
614 | |613 |00:56:59 ~-~-> 00:57:03 |on anything, nothing else that's ever been out there before. And | ||
615 | |614 |00:57:05 ~-~-> 00:57:11 |if it wasn't for the grace of God, I wouldn't know what I know. That's where | ||
616 | |615 |00:57:11 ~-~-> 00:57:15 |it comes from, that's, that's, that's who taught me, | ||
617 | |616 |00:57:16 ~-~-> 00:57:20 |and that's, I know that sounds crazy, and I know there's influencers out there | ||
618 | |617 |00:57:20 ~-~-> 00:57:25 |that love taking shots at it, but to simply sit back and watch how God takes | ||
619 | |618 |00:57:25 ~-~-> 00:57:30 |care of them, because God is not mocked. Promise you to sit back and watch how | ||
620 | |619 |00:57:30 ~-~-> 00:57:31 |that kind of stuff happens. | ||
621 | |620 |00:57:33 ~-~-> 00:57:35 |People that tear you down are | ||
622 | |621 |00:57:37 ~-~-> 00:57:41 |going to be forced to watch you be rebuilt in their presence and in their | ||
623 | |622 |00:57:41 ~-~-> 00:57:47 |witness, all you have to do is stick to the process. This has been entrusted to | ||
624 | |623 |00:57:47 ~-~-> 00:57:54 |me, and I'm doing what I said I was going to do. So many of you have blessed | ||
625 | |624 |00:57:54 ~-~-> 00:57:59 |me with your feedback, with your testimonies about how it's affected you, | ||
626 | |625 |00:57:59 ~-~-> 00:58:04 |how it's improved your family's net worth, your ability to make ends meet. | ||
627 | |626 |00:58:04 ~-~-> 00:58:10 |And I can't tell you how wonderful that is. That means so much more than if I | ||
628 | |627 |00:58:10 ~-~-> 00:58:16 |was to sell something and you pay me more money. I don't need money. I'm here | ||
629 | |628 |00:58:16 ~-~-> 00:58:23 |for the relationship aspect of being a conduit that brings glory and honor and | ||
630 | |629 |00:58:23 ~-~-> 00:58:28 |praise to God, because without Jesus, Michael, can't be who I am, and | ||
631 | |630 |00:58:29 ~-~-> 00:58:30 |that's the truth. | ||
632 | |631 |00:58:32 ~-~-> 00:58:39 |And some of you, unfortunately can't see past that persona I put out there for | ||
633 | |632 |00:58:39 ~-~-> 00:58:39 |marketing. | ||
634 | |633 |00:58:41 ~-~-> 00:58:42 |My question is, | ||
635 | |634 |00:58:43 ~-~-> 00:58:46 |will you still feel that way at the end of this year? | ||
636 | |635 |00:58:48 ~-~-> 00:58:50 |That's what I'm interested | ||
637 | |636 |00:58:51 ~-~-> 00:58:55 |in. I'm not trying to change your mind. I'm not trying to recruit you. I'm | ||
638 | |637 |00:58:55 ~-~-> 00:58:59 |challenging your perception. What do you really believe at the end of this year? | ||
639 | |638 |00:59:01 ~-~-> 00:59:04 |Do you really believe there's an algorithm, or there's no algorithm? | ||
640 | |639 |00:59:07 ~-~-> 00:59:08 |We'll see in December? Hope | ||
641 | |640 |00:59:09 ~-~-> 00:59:12 |you found this insightful. Hope you found it encouraging, as I'll talk to | ||
642 | |641 |00:59:12 ~-~-> 00:59:13 |you next time. Lord willing. | ||
643 | |642 |00:59:14 ~-~-> 00:59:15 |Be safe. Bye. |