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3		-ICT: Good morning folks. appreciate your patience. Alright,
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	2	+|1 |00:00:37,980 ~-~-> 00:00:47,610 |ICT: Good morning, folks. appreciate your patience. Alright, so we're gonna go over a few things, we're not going to spend a whole lot of time with you today,
	3	+|2 |00:00:47,730 ~-~-> 00:00:59,790 |I'm gonna try to keep the session short. The focus is really to try to get you up to speed as fast as I possibly can, but not cramming you with too much
	4	+|3 |00:00:59,790 ~-~-> 00:01:11,340 |information, because I know that a lot of new followers, no new readers, to my material, and you're all anxious to get to the next video, all my other
	5	+|4 |00:01:11,340 ~-~-> 00:01:22,350 |tutorials. And in between that, like give you what I think you should be doing with your time, it's not going to be learned by watching my videos, okay?
	6	+|5 |00:01:23,190 ~-~-> 00:01:31,380 |There's a lot of folks that will say, watch the videos, watch the videos. And it's true, you have to see the videos to get the concepts. But don't spend your
	7	+|6 |00:01:31,380 ~-~-> 00:01:40,530 |time just watching videos binge watching, you actually have to do all the work in your own charts, the folks that are going to do well, with my stuff or
	8	+|7 |00:01:40,530 ~-~-> 00:01:51,450 |anything else, it's going to be the ones that participate in practice, and do it without being told to do so by me. You got to have some initiative, okay. And
	9	+|8 |00:01:51,450 ~-~-> 00:02:00,780 |without having that it's going to be well, next to impossible for you to get good. And you're going to be the one that stands in the way of you being
	10	+|9 |00:02:00,780 ~-~-> 00:02:10,320 |proficient with this, not my delivery of the content, not my frequency of putting out videos, it's going to be the amount of time you put into studying
	11	+|10 |00:02:10,350 ~-~-> 00:02:22,890 |and studying correctly. practicing it correctly. So I'm going to give you why I believe that you should be focusing on one pair, okay, and how you should go
	12	+|11 |00:02:22,890 ~-~-> 00:02:32,100 |about doing that. And how you should log each experience each deck. Now either you're going to do it live. Or you can do it by hindsight. And a lot of you have
	13	+|12 |00:02:32,100 ~-~-> 00:02:42,570 |jobs a lot of you have businesses is life going to be in the way and you can't always be watching live price action, you still can learn this, I taught myself
	14	+|13 |00:02:42,600 ~-~-> 00:02:52,350 |a lot of the things that I teach, all based on end of day data, I would go back and look at charts that happened during the day with an hourly chart. And I
	15	+|14 |00:02:52,350 ~-~-> 00:03:02,400 |could see certain things. And that's how I learned a lot of the things that I started with my core principles. When I was starting with the Forex tutorials
	16	+|15 |00:03:02,400 ~-~-> 00:03:13,140 |back in 2010. I've been trading a lot longer than that. But a lot of the core understanding came by way of just simply understanding end of day trading. And
	17	+|16 |00:03:13,140 ~-~-> 00:03:27,120 |that means nothing intraday, nothing live, it was all based on basically a daily chart. Okay, so yesterday, I gave you guys a chart here, and I highly price
	18	+|17 |00:03:27,120 ~-~-> 00:03:38,460 |hitting this specific level here. And I'm like, hopefully I'll stem a lot of this. With this comment about it probably won't be as effective as I was hoping
	19	+|18 |00:03:38,550 ~-~-> 00:03:48,450 |hope it would be rather. But everyone seems to think that the magic is happening with the Fibonacci. And there's a lot of things that go along with using the
	20	+|19 |00:03:48,450 ~-~-> 00:03:59,490 |Fibonacci for my targets in my entries. It's not the sole basis for my entry. Okay, in first glance, it looks like something you've seen before. Okay, but
	21	+|20 |00:03:59,490 ~-~-> 00:04:07,050 |there's a lot of other things that you have to focus on. And as soon as you try doing it on your own, you know, right away, it's not as easy as you think it is.
	22	+|21 |00:04:07,230 ~-~-> 00:04:16,320 |You don't know what the anchor what fib on what level what, pi with low, suddenly, he doesn't look like it doesn't work that good. And it's because of
	23	+|22 |00:04:16,320 ~-~-> 00:04:27,360 |the experience factor. And my group that I have mentored for the last over over? Well, it's been a year now. Some of them are still admittedly struggling with
	24	+|23 |00:04:27,360 ~-~-> 00:04:36,600 |some of the concepts. And I'm constantly repeating. It's an experience thing that they have to grow into. You don't learn this overnight, you certainly
	25	+|24 |00:04:36,600 ~-~-> 00:04:44,460 |aren't going to learn it in one year. Okay, but you will learn to grow in your understanding. So I want to give you a foundation today to start with and it's
	26	+|25 |00:04:44,460 ~-~-> 00:04:54,150 |only specifically dealing with scalping. Okay. So please don't come at me on Twitter about hey, look, you know, what about central bank dealers range? And
	27	+|26 |00:04:54,150 ~-~-> 00:05:05,040 |what about the flout? And what about, you know, the moving average crossovers, and what about it at Trinity, stick to what I'm giving you, not because I'm
	28	+|27 |00:05:05,040 ~-~-> 00:05:14,610 |trying to hold anything away from you, but I gave you guys way too much stuff before way too fast. And it gave the impression that you needed to have all that
	29	+|28 |00:05:14,610 ~-~-> 00:05:21,150 |to be successful. And, to some degree, a lot of mine. detractors
	30	+|29 |00:05:21,419 ~-~-> 00:05:29,879 |were right in the sense that I was giving way too much. But what I was really doing was I was giving you everything that I went through to develop myself as
	31	+|30 |00:05:29,879 ~-~-> 00:05:38,909 |the arbitrator, the person that you see, calls the market and gives the analysis concepts, all those things that led up to my understanding, and to become who I
	32	+|31 |00:05:38,909 ~-~-> 00:05:48,359 |am as a trader, those were things that I went through, and it was kinda like a social experiment, to see if anyone else could be, I guess, created the same way
	33	+|32 |00:05:48,359 ~-~-> 00:05:58,829 |I was. And for the most part, it didn't happen. So it was a failed experiment in my eyes, but it was still fun. The last year the growth of some individuals that
	34	+|33 |00:05:58,829 ~-~-> 00:06:09,059 |did really well with it. But nobody came to the level, I was hoping it would, by way of me presenting the information. So with that, I'm going to ask you a
	35	+|34 |00:06:09,059 ~-~-> 00:06:16,619 |question. And this is rhetorical. Obviously, you guys aren't going to be able to tell me what your responses are, you can share them on Twitter, but it's really
	36	+|35 |00:06:16,619 ~-~-> 00:06:27,119 |just rhetorical. What pair have you spent the most time looking at now? There's no correct pair. Okay, please don't think that there's one pair that's better
	37	+|36 |00:06:27,119 ~-~-> 00:06:37,199 |than the other. Because they all do the same thing. They all open, they'll post the high, the all poster low, and the close and create a new bar or a new
	38	+|37 |00:06:37,199 ~-~-> 00:06:47,099 |candle. So we're trying, we're trading price, we don't care so much about the particular currency. Now, there are times when certain currencies should be
	39	+|38 |00:06:47,099 ~-~-> 00:06:56,639 |focused on others. And that's completely outside the scope of this discussion. But I want you to, at least, right now, suspend your curiosity in chasing
	40	+|39 |00:06:56,639 ~-~-> 00:07:07,349 |everything else. And just pick one pair. And it doesn't matter which pair it is. But today, as a goal, I want you to know, don't have to be decided at this
	41	+|40 |00:07:07,349 ~-~-> 00:07:16,949 |moment right now. But give it a day, think about what currency pair you have gone to on your smartphone, on your demo account. Or maybe you've made the
	42	+|41 |00:07:16,949 ~-~-> 00:07:23,699 |mistake of opening a Live account right away without knowing anything, and what pair you're trying to lose money on. Okay? Because that's what you're doing. If
	43	+|42 |00:07:23,699 ~-~-> 00:07:33,179 |you don't know what you're doing your drill, just basically trying to lose your money. And there's, there's really no benefit in doing that. Okay. So we're
	44	+|43 |00:07:33,179 ~-~-> 00:07:41,429 |going to assume that you have picked one of the majors, okay, so if you're going to be profitable, and I was going to be your goal, when you start as a trader,
	45	+|44 |00:07:41,429 ~-~-> 00:07:49,259 |hopefully, that's been the case for everyone, and you live in the United States. My advice is to try to trade something that's paired with the dollar index,
	46	+|45 |00:07:49,289 ~-~-> 00:07:57,509 |don't just simply say this. When you are profitable, you get better tax treatment, when you trade $1 based major, okay, and I'll just leave it at that.
	47	+|46 |00:07:58,649 ~-~-> 00:08:09,089 |So doesn't mean you can't make money on the crosses, it just means that the bulk of your volume would be better suited in a major cross with $1. Okay, and I'm
	48	+|47 |00:08:09,089 ~-~-> 00:08:16,409 |not here teaching tax code, you talk to your tax preparer, they have to have some knowledge and understanding about forex, and they'll concur with what I
	49	+|48 |00:08:16,409 ~-~-> 00:08:29,249 |just said, Okay. So we're going to assume you pick a major, it could be euro, dollar, pound dollar, dollar, swissy, dollar yen, dollar, CAD, Aussie dollar,
	50	+|49 |00:08:30,359 ~-~-> 00:08:40,949 |pick any one of those, okay, and I'm not trying to promote one over the other, but I will just simply say that I am predominantly a GBP USD or cable trader,
	51	+|50 |00:08:41,189 ~-~-> 00:08:49,949 |British pound. I can tell you the reason why I feel that way is because I started as a commodity trader, and the British pound, the Deutsche Mark, which
	52	+|51 |00:08:49,949 ~-~-> 00:09:02,819 |there isn't a Deutsche Mark anymore. Those two pairs, or I'm sorry, currencies. I trade them predominantly the most as a Currency Trader. And I had really good
	53	+|52 |00:09:02,819 ~-~-> 00:09:12,719 |luck one time in the Japanese yen. And then later time in my career, it really stumped the crap out of me, and I just don't like yen. Okay, it doesn't mean
	54	+|53 |00:09:12,719 ~-~-> 00:09:21,749 |that the things don't work again. It's just I just don't want to try again, because it's in my head. It's all psychological. And I just don't want to admit
	55	+|54 |00:09:21,749 ~-~-> 00:09:33,899 |to having that engagement anymore. So I personally don't like it. But some of my students do exceptionally well trading yen pairs. So don't let me as a mentor or
	56	+|55 |00:09:34,259 ~-~-> 00:09:41,609 |just some guy on the internet talking about what he thinks is right. Don't let me discourage you from doing any one particular pair of the other. I'm just
	57	+|56 |00:09:41,609 ~-~-> 00:09:48,809 |giving you my personal opinion because I get a lot of this in email. So I'm trying to compress all that into this short little presentation. So we're going
	58	+|57 |00:09:48,809 ~-~-> 00:10:01,169 |to elect to go with the euro dollar, and I'm going to use the euro dollar because it's the most widely followed in all of the Forex The market and it's
	59	+|58 |00:10:01,169 ~-~-> 00:10:07,409 |pretty liquid. It's very closely tied to the Dollar Index, which, once you go through my tutorials, you'll see that that's actually advantageous for you
	60	+|59 |00:10:07,409 ~-~-> 00:10:15,989 |because you want to be looking for the imbalances and tug of war between the impulse price swings in the dollar. They're going to be mirror images of what
	61	+|60 |00:10:15,989 ~-~-> 00:10:20,309 |you see in the euro dollar. And by that, I mean, if the dollar is bullish,
	62	+|61 |00:10:20,910 ~-~-> 00:10:31,200 |you're going to see extremely perfectly timed bearishness on the euro dollar, doesn't mean it happens all the time. Okay, as you seen last week, we had
	63	+|62 |00:10:31,470 ~-~-> 00:10:42,150 |episodes where the euro dollar was held in a range, British Pound was allowed to trade higher and lower in trend. And that gives us an indication that there's a
	64	+|63 |00:10:42,150 ~-~-> 00:10:50,640 |trade occurring in euro Pam. And again, that stuff's in its tutorials, but you got to dig it out and study it. But I'm gonna give you the bare bones core
	65	+|64 |00:10:50,640 ~-~-> 00:11:00,960 |essentials to scalping. And what I've already given you is a complete system. It's absolutely perfect for a new trader because it gives you the context to go
	66	+|65 |00:11:00,960 ~-~-> 00:11:08,100 |in to the charts study, look for certain things and you're not wasting your time, you'll be able to see things that repeat, they have to have that
	67	+|66 |00:11:08,100 ~-~-> 00:11:18,570 |reoccurrence factor, okay, if what you're studying doesn't have the ability to be replicated at least a few times a week, you're probably not studying anything
	68	+|67 |00:11:18,600 ~-~-> 00:11:26,640 |that has any valid validity or substance, you're probably looking at indicators and stuff. And the only indicator you're going to see on my chart is a
	69	+|68 |00:11:26,640 ~-~-> 00:11:37,470 |Fibonacci. And the only thing I'm highlighting there is a target or a specific range. And where I think eight entry should occur, do not fall prey to the idea
	70	+|69 |00:11:37,470 ~-~-> 00:11:45,540 |that everything I'm doing hinges solely on the basis of Fibonacci, because it's not believe me, I don't even need that Fibonacci. But the Fibonacci as a
	71	+|70 |00:11:45,600 ~-~-> 00:11:57,270 |teacher, helps me draw your attention to a level I've already arrived at. And you're not going to believe me. But I knew this high at 116 55 was probable last
	72	+|71 |00:11:57,270 ~-~-> 00:12:09,090 |Friday, last Friday, at midnight, last Friday. Now you're not going to believe me, that's okay. But I don't like I'm not trying to convince you that here
	73	+|72 |00:12:09,090 ~-~-> 00:12:20,430 |today. But there's certain concepts that repeat themselves with a great deal of precision. And they're like clockwork. So if we have to suspend our disbelief
	74	+|73 |00:12:20,430 ~-~-> 00:12:30,180 |about the markets being 100% manipulated, to the degree that that daily high in the daily low, is already pre determined before the day even begins. So in your
	75	+|74 |00:12:30,180 ~-~-> 00:12:39,240 |notepad, if you don't have a notepad, next time we watch a live session. Because anything can happen. YouTube could go on the fritz, maybe nine, my compiler
	76	+|75 |00:12:39,240 ~-~-> 00:12:47,730 |doesn't record the video, and you'll lose the insights that I get. And I sometimes won't remember what I said, because I'm really not trying to work off
	77	+|76 |00:12:47,730 ~-~-> 00:12:56,550 |a script. I know what I want to deliver. And it's such a small little segment of insight. But I want to give you some foundation. And also if I can always try to
	78	+|77 |00:12:56,550 ~-~-> 00:13:07,290 |throw little answers to email questions that kind of segue with what I'm teaching. But in your notepad, I want you to write down, Price Is 100%
	79	+|78 |00:13:07,380 ~-~-> 00:13:21,420 |manipulated, and the daily high and daily low are already pre determined at midnight, New York time. So that means midnight, last night, for me, it's seven
	80	+|79 |00:13:21,420 ~-~-> 00:13:35,640 |hours and 21 minutes ago, the daily high and low has already been pre determined for euro dollar. It already has been determined. Now, you don't know what that
	81	+|80 |00:13:35,640 ~-~-> 00:13:50,340 |is. I don't always know what it is. But there are certain times of the week where certain things align where I had the strongest. I guess probability that I
	82	+|81 |00:13:50,340 ~-~-> 00:13:59,280 |know where the daily high or low is going to be. I've given you several examples of it on Twitter, in video. Yeah, I've already shown you that I've shown you
	83	+|82 |00:13:59,280 ~-~-> 00:14:09,300 |trade examples. And now it's not imperative that you know that this is the high and therefore you hold me to get out exactly at 116 55. Because to do that is
	84	+|83 |00:14:09,300 ~-~-> 00:14:19,140 |going to be detrimental to your bottom line because you're going to sometimes get it wrong. But you don't need to have that actual high. For instance, I'll
	85	+|84 |00:14:19,140 ~-~-> 00:14:27,720 |give you an example. And this is to set your expectations. I'm not trying to talk to hear myself, okay, I'm not trying to waste your time. But what I'm
	86	+|85 |00:14:27,720 ~-~-> 00:14:41,580 |saying here mean means a lot to take. Take note on this. If we know by way of our tools, or what I'm teaching you, if if we know that there's a strong
	87	+|86 |00:14:41,580 ~-~-> 00:14:47,130 |probability, that particular pair to work falling in this case, we're using the Euro dollars as an example.
	88	+|87 |00:14:48,809 ~-~-> 00:14:58,859 |If you can go to 116 55 as a daily high, and you've gotten an opportunity to get long, say down here in the New York session or if you have a London close
	89	+|88 |00:14:59,069 ~-~-> 00:15:10,619 |continuation What this is here, optimal trade entry. If either one of those are used to get in and your convictions are that we're probably going to see the
	90	+|89 |00:15:10,619 ~-~-> 00:15:24,449 |interbank algorithm print a daily high of 116 55. If that's the case, don't demand such precision that you hold for that exit price. Now, I Showboat online
	91	+|90 |00:15:24,479 ~-~-> 00:15:33,929 |to prove to other people that what I talked about is really there, I gave you the chart, I wait, I wait and wait and wait until the hits the levels I want.
	92	+|91 |00:15:34,079 ~-~-> 00:15:42,869 |And I screen capture rate when it happens. So that way you guys can see it. You go on Twitter, you'll see it's actually the very high one this candle. This
	93	+|92 |00:15:42,869 ~-~-> 00:15:51,839 |particular ones right here, I didn't kind of pop up on this recording. But the actual high comes in at 116 55. As the candle was creating that high, it never
	94	+|93 |00:15:51,839 ~-~-> 00:16:01,859 |went any higher than that. And it traded lower as a result. I do that, to prove to the doubters also to reinforce the people that are trying to learn from me
	95	+|94 |00:16:01,889 ~-~-> 00:16:13,739 |that it is absolutely predictable. Now, predictability is not the same as profitability, because you can still screw up you can still demand absolution,
	96	+|95 |00:16:13,889 ~-~-> 00:16:22,589 |okay? And you're not going to find that okay, that there is no forex Jesus, okay, you can pray all you want about the market doing what you want to do
	97	+|96 |00:16:23,099 ~-~-> 00:16:32,309 |anything gonna do it. Okay, so you have to have a rule based idea. So my, the way I interpret intraday price action, is I want to get a rough idea where I
	98	+|97 |00:16:32,309 ~-~-> 00:16:40,709 |think the daily higher daily low is going to be. Compare that with a bias. Okay, and you have to have a bias. Traders Just say the word instructors, I say that
	99	+|98 |00:16:40,709 ~-~-> 00:16:48,359 |with quotations in my hands. They'll say, don't treat with a bias. It's foolish, those people don't know what you're talking about, okay, they have no idea what
	100	+|99 |00:16:48,359 ~-~-> 00:16:55,649 |you're talking about. And they have no business trying to tell anyone what to do. Because if they're doing anything at all, they're misleading you. I'm
	101	+|100 |00:16:55,649 ~-~-> 00:17:04,079 |telling you the truth. These markets are manipulated, they're absolutely not for your benefit. They are out there to whale. Okay. And that means they're going
	102	+|101 |00:17:04,079 ~-~-> 00:17:13,469 |after big, large institutional funds. That's what this is now. And yes, there's global commerce that they actually are used to facilitate global commerce and
	103	+|102 |00:17:13,739 ~-~-> 00:17:21,239 |transactions between countries and nations and doing business and such. Yeah, that's wonderful. But there's also opportunity there, and the opportunity is to
	104	+|103 |00:17:21,239 ~-~-> 00:17:30,929 |go after large liquidity basis. And that's not going to be retail. Retail is not even on the radar. So if we understand that, that is how these markets are
	105	+|104 |00:17:30,929 ~-~-> 00:17:39,689 |operating on a day by day basis, and it's the largest market in the world, and it's ran by the banks, which banks don't open up to go in a bit go out of
	106	+|105 |00:17:39,689 ~-~-> 00:17:49,289 |business, they tend to stay in the business or be consumed by a larger bank. If we have that understanding, we know that there's a large degree of probability
	107	+|106 |00:17:49,289 ~-~-> 00:17:57,209 |that the daily higher daily low is going to be pre determined at midnight every single day. And once we know what that level is, and we compare it with a bias
	108	+|107 |00:17:57,539 ~-~-> 00:18:08,639 |towards if we're bullish on the euro dollar, as indicated yesterday, okay, with Apple trades, you're here, and what happens in here. My advice to you is, if you
	109	+|108 |00:18:08,639 ~-~-> 00:18:17,369 |know these things here, okay, and I'm gonna give you things in my tutorials that help you get to this. Now, it's not going to be this precise. This is something
	110	+|109 |00:18:17,369 ~-~-> 00:18:27,749 |that is taught in my mentorship. But in the tutorials, I've given many instances on how you can get real close to this number. So I'll give you an example. I
	111	+|110 |00:18:27,749 ~-~-> 00:18:36,209 |teach the 50 levels, and the double zero big figure levels are significant. I want you and this is something you write down in your notepad see right now,
	112	+|111 |00:18:36,209 ~-~-> 00:18:45,449 |because this is homework for you this all week, I want you to put every 50 level in every full figure 00 level and what does that mean? Go over to your
	113	+|112 |00:18:45,449 ~-~-> 00:19:07,409 |horizontal line. Okay, and we're going to drop it onto a 50 I'm gonna I couldn't be any better. So it's on 116 50. And then we're going to go down to 116 00. My
	114	+|113 |00:19:07,409 ~-~-> 00:19:20,669 |eyes are still not awake yet. So I apologize for being a little slow on the deliver here. Okay, so we have 116, big figure, and 116 50 mid figure, okay,
	115	+|114 |00:19:20,669 ~-~-> 00:19:30,599 |you'll hear these terms used a lot in one tutorials, I want you to put your 15 00 levels on the currency pair to you're going to follow, okay.
	116	+|115 |00:19:31,050 ~-~-> 00:19:42,750 |And I want you to use wherever the price is right now. Right now it's trading at 1630. So the next two levels above and below, it's the 50 level and the 00
	117	+|116 |00:19:42,750 ~-~-> 00:19:54,210 |level. Okay? inside of that price is going to do all kinds of gyrations. ignore it. Don't do anything with it. Okay, I want you to wait until price trades to
	118	+|117 |00:19:54,210 ~-~-> 00:20:05,010 |one of these levels, the 50 level or the 00 level. Okay, and then wait for a reaction. It could come down to 16 00 and bounce come up and create a
	119	+|118 |00:20:05,010 ~-~-> 00:20:13,380 |retracement. And that could be an apple trade entry for a day trade and test it. I'm not telling you to put live money on any of this, I'm telling you, the
	120	+|119 |00:20:13,380 ~-~-> 00:20:24,330 |practice the reactions off the 50 level on a 000 level, the mid figures and the big figures. If we watch these levels over time, you're going to see every setup
	121	+|120 |00:20:24,330 ~-~-> 00:20:34,590 |that you'd ever need is on these levels. And it's because of the interbank volume. And the banks themselves like to work off these levels. They'll defend
	122	+|121 |00:20:34,620 ~-~-> 00:20:42,210 |big figures and mid figures at these levels. And there's gonna be a lot of orders, which is what makes these markets move around. It's not indicators, none
	123	+|122 |00:20:42,210 ~-~-> 00:20:52,740 |of this stuff, and you'll be surprised that most most folks believe that the chart itself pushes price. And charts are only reflecting the sentiment and
	124	+|123 |00:20:52,740 ~-~-> 00:21:05,010 |actions of actual transactions. banks don't train qubits charts, okay. It's it's like a misnomer. You know, I'm smart money because I'm using the four hour chart
	125	+|124 |00:21:05,040 ~-~-> 00:21:17,610 |now. It's my way for me to communicate to you the order base that will be around that particular price level. And it's easily seen and observed on a higher
	126	+|125 |00:21:17,610 ~-~-> 00:21:29,070 |timeframe intraday chart like a four hour. So don't think that there's any particular magic that a down closed candle supports price. It's, that's not it
	127	+|126 |00:21:29,070 ~-~-> 00:21:39,240 |either order blocks are not, it is just one small component to a larger hole that you'll need to consume in my content. But for intraday basis, I want you to
	128	+|127 |00:21:39,240 ~-~-> 00:21:49,020 |focus on 00 levels, and 50 levels. Okay, and just for homework, go back through your currency pair. It's real simple. I mean, I got this is dragging to the
	129	+|128 |00:21:49,020 ~-~-> 00:21:58,620 |left. And you'll see there's a lot of instances where price creates opportunities at these levels. Now, you might have to wait. That's beautiful,
	130	+|129 |00:21:58,620 ~-~-> 00:22:07,860 |because it's gonna teach you patience. If you have the 50 00 level, and you wait for opportunities to price trades to these particular Well, here's one right
	131	+|130 |00:22:07,860 ~-~-> 00:22:14,700 |here. Now what I mean when it gets to these levels, I'm not saying it hits the level exactly imbalances, it just means around that level. And I'll give you a
	132	+|131 |00:22:14,700 ~-~-> 00:22:24,000 |perfect example here. Price runs here creates a small little, let me see if it breaks too high, because I'm not sure if I can show it to you there.
	133	+|132 |00:22:25,560 ~-~-> 00:22:26,610 |Unknown: Okay, lost it.
	134	+|133 |00:22:29,220 ~-~-> 00:22:37,890 |ICT: Here it is. Alright, so we have price creating a high at 116 oh seven and the last high comes in at exactly 116 or seven. So it really didn't create one
	135	+|134 |00:22:37,890 ~-~-> 00:22:47,880 |there, it would have been better than broke the short term high. But that is an awful trade entry. retracement, it would be a 79% trading level, thereby odd
	136	+|135 |00:22:48,030 ~-~-> 00:23:00,090 |only. But you can see the overall pattern, this is what you would expect to see around the big figures here level or the 50 level. Okay. And eventually, over
	137	+|136 |00:23:00,090 ~-~-> 00:23:07,320 |time, you're going to graduate to adding the 80 level and the 20 level. And that's it, you need nothing else, you don't need to worry about drawing support
	138	+|137 |00:23:07,320 ~-~-> 00:23:16,710 |resistance lines on your charts, you don't need to worry about putting, you know, any kind of Well, whatever kind of lipstick you usually put on your
	139	+|138 |00:23:16,710 ~-~-> 00:23:25,110 |charts. The books taught me use an old high, draw a line across it and prices either gonna hit it and repel from resistance or break soon come down find
	140	+|139 |00:23:25,110 ~-~-> 00:23:34,440 |support. And I can tell you I've lost hundreds of 1000s of dollars don't that it doesn't it doesn't work. Because it doesn't give you any context about why that
	141	+|140 |00:23:34,440 ~-~-> 00:23:44,340 |level should be traded on the basis of order flow. Now not order flows in the form of market profile footprint depth of market, I'm not talking about that.
	142	+|141 |00:23:44,520 ~-~-> 00:23:55,200 |That's entirely outside the scope of what I do. What I internalize is why the market should have orders around specific levels. So regardless of what style of
	143	+|142 |00:23:55,200 ~-~-> 00:24:03,930 |trading, you're going to be, I'm teaching predominantly scalping now, because it gives you the ability to go in and do a lot of research, a lot of examples. And
	144	+|143 |00:24:03,930 ~-~-> 00:24:12,600 |the things that you learn in price action on scalping will be beneficial for you. And all of the types of trading you can do. So, in summary, okay, and then
	145	+|144 |00:24:12,600 ~-~-> 00:24:23,790 |we get to the nuts and bolts out and close this video, we have the 00 level, big figure, the 50 level and in between that we have 50 and 00. What was the level I
	146	+|145 |00:24:23,790 ~-~-> 00:24:45,750 |told you to watch? The 20 level. Okay, so we want to have our level at 1620 and the other one would be 1680. And that's here, okay. And the next will be 17 00.
	147	+|146 |00:24:46,020 ~-~-> 00:24:57,150 |Okay, so that way, guess what, we've already done all of our work for support resistance. What is that easy? Yes, it's just that easy. Because my
	148	+|147 |00:24:57,150 ~-~-> 00:25:04,620 |interpretation of price action is I know what Banks are going to do I know what large institutions are going to do it because you can see it yourself, go on the
	149	+|148 |00:25:04,620 ~-~-> 00:25:15,660 |charts and pull the same levels up and go back over price action. You'll see it there. Okay, I gave you an example of earlier, excuse me the example earlier
	150	+|149 |00:25:15,690 ~-~-> 00:25:27,840 |where it didn't really give me an awful trade optimal trade entry. Do this. Alright, so if we have that range here, and I know it doesn't qualify for the
	151	+|150 |00:25:27,840 ~-~-> 00:25:37,680 |setup, but I want you to see this is the reaction you get off of it. But look how the lookout forms around the big figure. And then later on this same price
	152	+|151 |00:25:37,680 ~-~-> 00:25:46,560 |action here, I told you about the optimal trade entry example here yesterday, look where it occurs on the big figure 16. Now that's not a coincidence. That's
	153	+|152 |00:25:46,560 ~-~-> 00:25:51,000 |just the way it works. And what about up here?
	154	+|153 |00:25:56,880 ~-~-> 00:26:08,130 |Isn't that an optimal trade entry, I gave you the daily high yesterday. Look at the opportunity to tear highest body open or close down to the lowest body open
	155	+|154 |00:26:08,130 ~-~-> 00:26:20,070 |or close. Perfect to 70 psi or certain treatment level sells off. And then here's another one smaller one sells off. There you go. symmetrical price swing.
	156	+|155 |00:26:20,880 ~-~-> 00:26:31,290 |So I gave you real institutional support resistance. I told you how to find the optimal trade entries on a scalp. They set up easy, you're not scratching your
	157	+|156 |00:26:31,290 ~-~-> 00:26:42,000 |head looking at a chart saying good grief, what support resistance do I use? What supply and demand zone do I use? What you know? I'm being facetious now,
	158	+|157 |00:26:42,060 ~-~-> 00:26:52,380 |but I want you to know that the folks that try to teach you these things, okay. In terms of technical analysis, they have for the most part as zero
	159	+|158 |00:26:52,380 ~-~-> 00:27:02,550 |understanding of what goes on in institutional basis, okay, support resistance are based on orders. They're not based on anything other than that. So without
	160	+|159 |00:27:02,550 ~-~-> 00:27:10,110 |having an understanding of why price is going to move and gyrate around specific levels, you're going to be losing money, you're going to hemorrhage money, and
	161	+|160 |00:27:10,110 ~-~-> 00:27:18,270 |then you're going to go into the cycle where looking for things. And having no understanding or definition of what it is you're looking for, it's going to
	162	+|161 |00:27:18,270 ~-~-> 00:27:28,650 |frustrate you. And the human characteristic in us is going to be well, what I just did didn't work. So I need to do it harder, immediately. Because I need to
	163	+|162 |00:27:28,650 ~-~-> 00:27:37,680 |have the reaction I want and then trading, that is the death sentence for you. You need to stop and just be patient. What are you waiting for? You're waiting
	164	+|163 |00:27:37,680 ~-~-> 00:27:49,920 |for one of these levels of trade. And this is what I say these are institutional price levels. Okay. I get jeered and prodded by folks that unconvinced that they
	165	+|164 |00:27:49,920 ~-~-> 00:27:58,050 |use my stuff, and don't want to admit to it, but they hate the fact that I can draw up attention real quick. And I can teach right away something that's
	166	+|165 |00:27:58,050 ~-~-> 00:28:05,550 |applicable. And some of them either are aspiring to start their own company or start their own signal service or own business. And the best way to do their
	167	+|166 |00:28:05,550 ~-~-> 00:28:13,530 |business is to try to tear me down. Because I was the guy on the internet for years doing for free. Now, I still am doing this for free. You didn't pay
	168	+|167 |00:28:13,530 ~-~-> 00:28:23,370 |anything to learn this. But right now, what I've already given you in the YouTube videos I've already given you in my forum. I've given you in old
	169	+|168 |00:28:23,850 ~-~-> 00:28:37,350 |tutorials. And now with just this, you have no reason to subscribe to any subscriber base programs, not even to mine. Okay, now think about this. Think
	170	+|169 |00:28:37,350 ~-~-> 00:28:46,470 |about what I just did. Okay? If I'm in this to make money and panhandle off anyone, why? Why the hell would I just give you something that you would never
	171	+|170 |00:28:46,470 ~-~-> 00:28:56,040 |ever, ever need to pay me or anyone else for? Again? What kind of business model is that? It's the same business model I use when I first started. I gave all
	172	+|171 |00:28:56,040 ~-~-> 00:29:04,470 |this stuff out for free. Because I'm already rich. I don't need anybody's money. Okay, I enjoy doing this. But there's certain things I'm not going to teach
	173	+|172 |00:29:04,470 ~-~-> 00:29:15,540 |publicly. I'm just not going to do it. Do you need anything beyond this? No. Because what is it done? It tells you where the setups occur. Wait a minute.
	174	+|173 |00:29:16,080 ~-~-> 00:29:22,500 |It's just that easy. It's absolutely just that easy. You have these levels on your chart. And now I don't care about what pair it is you're trading. This
	175	+|174 |00:29:22,500 ~-~-> 00:29:30,720 |works on the British pound. It works on the Canadian dollar. It works on Bitcoin, try it on that I don't trade it, okay, but for feedback, I know a lot
	176	+|175 |00:29:30,780 ~-~-> 00:29:39,270 |of people trade Bitcoin, do it on Bitcoin and just see if it doesn't work on Bitcoin. I'm interested in that because I don't really check that asset class
	177	+|176 |00:29:39,270 ~-~-> 00:29:52,560 |but everything out there, it works on commodities, it works on the blue and it works on stocks, it works on everything, because it's the same mo the people
	178	+|177 |00:29:52,560 ~-~-> 00:30:03,390 |that run these markets, they use the same business model. It's all the same thing. Accumulation distribution and manipulation, those three things, those
	179	+|178 |00:30:03,390 ~-~-> 00:30:12,540 |three components, you need to know what it is that the cycle is in right now. And it sounds complicated, sounds mysterious. And I made my presentations like
	180	+|179 |00:30:12,540 ~-~-> 00:30:21,300 |that to draw everyone's attention. I'm trying not to do that now. And I'm going right to the core of what it is that you should be focusing on, because it
	181	+|180 |00:30:21,300 ~-~-> 00:30:28,170 |created a lot of work for me in terms of emails. And I got frustrated over the years and said, you know, what he's saying repeating questions. If I ever do
	182	+|181 |00:30:28,170 ~-~-> 00:30:39,240 |this again, and I recently started coming back and providing content, I want it to be concise, I want it to be user friendly, right away. And it leaves very
	183	+|182 |00:30:39,240 ~-~-> 00:30:51,690 |little in terms of guessing about what else alluding to. So in summary, I want you to pick one pair, I just use the euro dollar here today, okay.
	184	+|183 |00:30:52,109 ~-~-> 00:31:04,109 |And if we use one pair, we want to have our levels arrived that so our support resistance levels are going to be 100 level, the 80 level to 20 level and the
	185	+|184 |00:31:04,109 ~-~-> 00:31:13,859 |mid figure 50. Okay, they are your support resistance levels. Do not concern yourself with anything else. For right now. I promise you, if you watch over the
	186	+|185 |00:31:13,859 ~-~-> 00:31:23,069 |course of a week, you'll see one good setup. And that's all I want you focusing on right now, do not try to do everyday trading. I've been doing this for a
	187	+|186 |00:31:23,069 ~-~-> 00:31:34,889 |long, long time. In March, I'll be 25 years doing it. So my ability to do it is completely going to be well above what you're able to do first starting so don't
	188	+|187 |00:31:34,889 ~-~-> 00:31:42,179 |compare that or contrast that just because an instructor can do it. And he taught you or she taught you doesn't mean that you're gonna be able to walk out
	189	+|188 |00:31:42,179 ~-~-> 00:31:50,159 |and do the same thing the first day or the first year, it ain't gonna happen. So you have to grow into that. So we have support resistance levels determined, and
	190	+|189 |00:31:50,159 ~-~-> 00:32:01,019 |also gave you previous highs and previous lows. So there's your targets, okay. So you know, a level is gonna set up around one of these levels here. And what's
	191	+|190 |00:32:01,019 ~-~-> 00:32:11,609 |the setup optimal trade entry, you're waiting for a scenario where this retracement idea occurs. Sometimes it'll be right on the level and hit it.
	192	+|191 |00:32:12,239 ~-~-> 00:32:20,699 |Sometimes it won't. Sometimes he'll go through it again, you're generally looking for this pattern, optimal trade entry around a 00 level a 50 level, a
	193	+|192 |00:32:20,699 ~-~-> 00:32:30,599 |20, or an 80. And I promise you, I guaran. Damn tee you if you go through your charts, you're going to see a plethora of these examples. Now I don't want you
	194	+|193 |00:32:30,719 ~-~-> 00:32:40,319 |again, trying to do this every single day. Because I've taught that you can double your money every single year with just less than 25 pips 23 pips a week,
	195	+|194 |00:32:40,379 ~-~-> 00:32:49,259 |a 2% risk, if you know what you're doing. It doubles your money every single year, you start with $1,000.10 years, that's a million dollars. Now, it doesn't
	196	+|195 |00:32:49,859 ~-~-> 00:32:59,789 |equate to taxation and such, but it doesn't take very much to do very well. And that's my point. Every one of you that are starting right now, that's where you
	197	+|196 |00:32:59,789 ~-~-> 00:33:06,779 |should be living. That's your neighborhood right now, you're not trying to get to the Beverly Hills, okay, you got to start somewhere, I started somewhere
	198	+|197 |00:33:06,779 ~-~-> 00:33:18,479 |small. And believe me, it did not take long to get very good at this. And to be able to find setups consistently, very, very consistently. So we have one pair,
	199	+|198 |00:33:19,649 ~-~-> 00:33:29,099 |we're gonna put our institutional levels here. That's our support resistance ideas, our pattern is optimal trade entry. With our daily bias already taught
	200	+|199 |00:33:29,099 ~-~-> 00:33:35,459 |you that what's going on on a daily chart, data create a swing, higher swing, well, if it's a swing low, we're going to continue to look for the previous
	201	+|200 |00:33:35,459 ~-~-> 00:33:43,439 |day's high to be taken out. If it's a swing high. We're looking for the previous day's low to be taken out, there's our bias. And you're gonna wait for these
	202	+|201 |00:33:43,439 ~-~-> 00:33:52,949 |setups to occur at these institutional price levels. Now what I just gave, you will never ever, ever, ever, ever stop working. Because if I ever felt that you
	203	+|202 |00:33:52,949 ~-~-> 00:34:02,309 |never would have met me, I never would have talked to you. This is how the casino runs. The casino is the markets. They're not going to change how they're
	204	+|203 |00:34:02,309 ~-~-> 00:34:10,319 |doing it because Michael Huddleston from Baltimore, Maryland, made some videos on YouTube. And I don't care how many people subscribe to it. It's never going
	205	+|204 |00:34:10,319 ~-~-> 00:34:21,389 |to stop working because there's always new suckers. The market will always draw in a new pound of flesh. And I don't care about trying to be right every single
	206	+|205 |00:34:21,389 ~-~-> 00:34:32,999 |trading day. That's not my concern. Yesterday, I had fiber dialed in, and I did not trade it. Do I regret it? No. Am I going to not be able to eat because it
	207	+|206 |00:34:33,029 ~-~-> 00:34:40,949 |No. I don't lose sleep over it. No. I am indifferent to whether I take a trade or not take a trade
	208	+|207 |00:34:41,190 ~-~-> 00:34:50,580 |because I don't care anymore. I'm satisfied that I know if I sit down I'll find a setup. That's what you need to graduate into. But you will not get that if you
	209	+|208 |00:34:50,580 ~-~-> 00:35:00,960 |go and seeking a setup every single trading day because you're teaching yourself to get stimulated and rewarded. The problem is that reward won't come in a
	210	+|209 |00:35:00,960 ~-~-> 00:35:09,120 |positive return the reward, sometimes it's going to be experienced always. But that experience may be against what you thought would be, in other words, a
	211	+|210 |00:35:09,120 ~-~-> 00:35:18,090 |loss. And that's learning. That's where you grow, you're going to try to avoid that. And I'm going to tell I'm telling you invite that to occur. You want that
	212	+|211 |00:35:18,090 ~-~-> 00:35:27,300 |to happen. That's why you're in a demo, you want to learn how to absorb that tendency to be wrong, and see how quickly it is to recover, recuperate and come
	213	+|212 |00:35:27,300 ~-~-> 00:35:34,860 |back from that loss. Because the next series of setups that will come, I'm not afraid of my setups failing, I'm not afraid of my setups and never coming again,
	214	+|213 |00:35:35,040 ~-~-> 00:35:43,050 |or the frequency the die off, they're always going to be these setups will always be there in the summertime, they're always there. In the shittiest times
	215	+|214 |00:35:43,050 ~-~-> 00:35:53,130 |of the marketplace, these are always there. Because there's orders always stacked around these levels, just above, at or just below in these big levels of
	216	+|215 |00:35:53,130 ~-~-> 00:36:04,080 |5020. And the large double zero levels, orders or push price around the orders by large institutions, insurance companies, larger banks, okay, large
	217	+|216 |00:36:04,080 ~-~-> 00:36:13,200 |corporations, like for instance, say Apple, they want to do business in China, they got it, they got to make a transition from the dollar to the Chinese
	218	+|217 |00:36:13,200 ~-~-> 00:36:24,720 |currency. Well, that's forex. And if that's what goes on that there has to be an exchange, that creates gyrations around specific price levels. So if Apple puts
	219	+|218 |00:36:24,720 ~-~-> 00:36:34,770 |in a request to convert $2 billion worth of dollars into Chinese currency, or you could be the British pound, they want to do business in the UK, you want to
	220	+|219 |00:36:34,800 ~-~-> 00:36:48,870 |do something that is going to be a large inflow of orders that a bank can use. And they'll take that request that convert dollars into British pound or Chinese
	221	+|220 |00:36:48,870 ~-~-> 00:36:55,620 |currency or whatever it is that they're trying to do. I'm just giving an example on a global commerce basis. They'll use that. And I'll frame it around one of
	222	+|221 |00:36:55,620 ~-~-> 00:37:04,800 |these levels, unless the customer demands a specific range of what they're willing to convert it. And sometimes that occurs, and sometimes it's not, they
	223	+|222 |00:37:04,800 ~-~-> 00:37:13,290 |want it done expediently, well, then it goes in the favor of the bank that does the conversion. But I'm not here to teach you all that stuff. It's not
	224	+|223 |00:37:13,290 ~-~-> 00:37:20,250 |necessary, but I'm just telling you, there's a rhyme and reason why this stuff works. It's not simply because it worked perfectly in hindsight, and I showed
	225	+|224 |00:37:20,250 ~-~-> 00:37:28,110 |you examples of it, I want you to take what I just gave you today, and prove to yourself, I'm already convinced of it. Okay, you're not gonna convince me of it
	226	+|225 |00:37:28,350 ~-~-> 00:37:37,860 |already know. But you as the student, you need to know that there's no reason for you to rush, having these levels in your chart, using the daily bias concept
	227	+|226 |00:37:37,860 ~-~-> 00:37:45,000 |I've already taught you. And also what the optimal trade entry pattern is the Fibonacci, I keep getting asked that question, what's these levels? How do I get
	228	+|227 |00:37:45,000 ~-~-> 00:37:52,680 |that on my head, go into the optimal trade entry primer video, it's on the YouTube channel, and it'll teach you that whole business and how to set it up
	229	+|228 |00:37:52,710 ~-~-> 00:38:05,730 |exactly how I have it here. Now. In future teachings, I'm going to help you get to the point of knowing where your target is, where your entry is, and how to
	230	+|229 |00:38:05,730 ~-~-> 00:38:13,830 |use that in terms of your money management. And I think that will really summarize the whole thing, in terms of a complete trading pattern system, and
	231	+|230 |00:38:13,860 ~-~-> 00:38:22,950 |you won't need anything else. Now, I'm encouraging you to study the tutorials that I've made over the years. But you don't need to be at a feverish pace going
	232	+|231 |00:38:22,950 ~-~-> 00:38:30,060 |through them. I know, you're all thinking that they're all going to disappear again. But what I'm doing is I'm actually going into them and removing certain
	233	+|232 |00:38:30,060 ~-~-> 00:38:42,180 |songs, I'm removing certain comments I made about a particular form that I believe is toxic, and it's not baby pips. And I just want to keep the
	234	+|233 |00:38:42,600 ~-~-> 00:38:51,570 |presentation as clean as I possibly can. And I am monetizing them, I'm putting them on my YouTube channel. So I'm also including certain things and encouraging
	235	+|234 |00:38:51,570 ~-~-> 00:39:01,530 |folks that if they see my videos being uploaded by anyone else, I usually get flagged, and then someone else will tell me or the things I add in my videos, I
	236	+|235 |00:39:01,530 ~-~-> 00:39:11,400 |pay a service that show me where my videos are being posted or re uploaded, I get a lot of flags about Google drives, I'll get that like on a weekly basis. A
	237	+|236 |00:39:11,400 ~-~-> 00:39:19,470 |lot of people have it in their Google Drive. Sometimes, you know, I'll reach out and try to talk to them and say I'm looking at Can you not do that. And some,
	238	+|237 |00:39:19,500 ~-~-> 00:39:20,100 |most of them are
	239	+|238 |00:39:20,100 ~-~-> 00:39:28,830 |all set to like private, where people aren't publicly sharing it. But I if I've created the video, and I did all the work, okay, I should get the the perks of
	240	+|239 |00:39:28,830 ~-~-> 00:39:35,640 |it. And the folks that tried to put my videos up in the past when YouTube they're trying to monetize it. And they learned that by having songs in it
	241	+|240 |00:39:35,670 ~-~-> 00:39:44,820 |wasn't able to monetize it. So now I'm removing songs that allows me to monetize my own work. But I don't want other people doing that. And I'll come after those
	242	+|241 |00:39:44,820 ~-~-> 00:39:52,770 |individuals and have them take it down off of YouTube. So And plus, like I said, I pay for a service to do that. And for me to cover the cost on that. The
	243	+|242 |00:39:52,770 ~-~-> 00:40:00,000 |monetization, I can tell you right now, I'm not making a lot of money on youtube off of these videos, but it does help pay for costs of doing things like this.
	244	+|243 |00:40:00,000 ~-~-> 00:40:10,380 |is doing live sessions and the resources that I'm going to make available to you, all that stuff cost me money, I put about $15,000 in to all those previous
	245	+|244 |00:40:10,380 ~-~-> 00:40:21,300 |teachings, that you guys just watch for free. And you don't really consider that when you're looking at it. But for years, I paid a lot of money. And I like
	246	+|245 |00:40:21,330 ~-~-> 00:40:32,430 |teaching. But at some point, if I'm gonna continue until I don't want to do this anymore, it's got to be some kind of a cost deferment on the basis that, if
	247	+|246 |00:40:32,430 ~-~-> 00:40:39,780 |you're consuming it, and you find value in it, great, you know, support the videos by watching YouTube. And if you have ad blocker on it, I'm not going to
	248	+|247 |00:40:39,780 ~-~-> 00:40:47,760 |get any revenue off of that. But if you if you have an ad blocker, I'm not going to get that. But in my forum, I'm just letting you know that it's a free forum.
	249	+|248 |00:40:48,000 ~-~-> 00:40:56,970 |But there will be ads in that it's going to be Google AdSense. So I'm not going to add subscriber base membership to it, it'll all be ad supported in my
	250	+|249 |00:40:58,110 ~-~-> 00:41:11,100 |assumptions are with about 500,000 views in my regular mentorship group per month, and it only got 664 members that have made it all the way through, I get
	251	+|250 |00:41:11,100 ~-~-> 00:41:21,180 |about half a million views of traffic in my mentorship forum. So I know I could probably get about two, two and a half million views as my projection on my free
	252	+|251 |00:41:21,180 ~-~-> 00:41:28,950 |membership forum. And that'll support a lot of things, I don't want to have to charge you anything. They'll support also, the cost of me running my mentorship
	253	+|252 |00:41:28,950 ~-~-> 00:41:39,000 |forum as well, because that costs money as well. So I'm being completely transparent as best I can. That way I hopefully can avoid a lot of the stupid
	254	+|253 |00:41:39,000 ~-~-> 00:41:48,180 |stuff that comes by way of Twitter and email. But you've been given a really good foundation today in terms of what levels you're looking for, why you're
	255	+|254 |00:41:48,180 ~-~-> 00:41:55,050 |looking for them, where the setups, how the setup looks sometimes around that level. And I've given you just a small sampling here, your homework is to go
	256	+|255 |00:41:55,050 ~-~-> 00:42:05,430 |through your particular pair. And I encourage you to not use the euro dollar, because I did it. And I don't want you to mimicking me think independently, you
	257	+|256 |00:42:05,430 ~-~-> 00:42:13,920 |might want to do something else, like the Aussie dollar or Kiwi dollar. Pick one of them, it could be the the beast. Okay, pound yen, it still works there too.
	258	+|257 |00:42:15,210 ~-~-> 00:42:25,110 |But wait for one of these levels to be traded to and then wait for that daily bias to come in, and then target daily highs and daily lows for runs on
	259	+|258 |00:42:25,110 ~-~-> 00:42:31,470 |liquidity. And you have a complete system. The only thing you're missing right now and lacking is what do you do with your account? How much do you risk?
	260	+|259 |00:42:31,620 ~-~-> 00:42:40,260 |Where's your stop loss? And the question I'm getting now is, how much do I take off at these targets. And that's going to be completely up to you. I don't ever
	261	+|260 |00:42:40,260 ~-~-> 00:42:48,180 |give that in my mentorship. And believe me, if they were all invited to answer this on Twitter, they would all tell you, I tell them the same thing. And they
	262	+|261 |00:42:48,180 ~-~-> 00:42:57,810 |paid for this insight at these levels. And here, it's completely up to you. Because it's your trade. A mine is never the same way always I don't always say
	263	+|262 |00:42:57,900 ~-~-> 00:43:07,530 |I'm gonna take 30% off here. And if 50% here and I just go by what I see in the chart. And if I feel that this continuation is most likely going to occur, then
	264	+|263 |00:43:07,530 ~-~-> 00:43:17,100 |I will leave a larger portion on. If I am in doubt about the continuation to the next target to or symmetrical price swing, then I'll take a larger degree at
	265	+|264 |00:43:17,100 ~-~-> 00:43:26,940 |first profit, and then leave a smaller portion. And then I'll split that in half at the next logical level. As you see in my examples, I very rarely have a large
	266	+|265 |00:43:26,940 ~-~-> 00:43:36,420 |position on at the end of the trade. And I'm never really holding to the last point and that's my final point in this. If you know that this is likely the
	267	+|266 |00:43:36,420 ~-~-> 00:43:47,550 |high. Okay, and I'll give you tools that help you do that in a tutorials. If this is your objective on a daily Hi, my personal conviction over the last two
	268	+|267 |00:43:47,550 ~-~-> 00:43:55,800 |decades and trading is what I gleaned from my mentor Larry Williams. Now he didn't sit down with me on a day by day basis. I never met him. I never shook
	269	+|268 |00:43:55,800 ~-~-> 00:44:03,870 |his hand. But I researched everything about everything that man ever did. Okay. And just like my students, they they hear my voice in their head. I still hear
	270	+|269 |00:44:03,870 ~-~-> 00:44:07,410 |Larry's voice in mind. And sometimes I'm telling him to shut up because some of the things he taught.
	271	+|270 |00:44:08,130 ~-~-> 00:44:17,460 |I don't subscribe to. I've evolved beyond and I want you to have that same benefit. Don't take everything I say as gospel. Let it be a challenge to you and
	272	+|271 |00:44:17,460 ~-~-> 00:44:25,620 |dig deeper. But if I do say stay away from indicators trust when I tell you that that's the best thing you can do. I learned from Larry Williams if he knows
	273	+|272 |00:44:25,620 ~-~-> 00:44:35,100 |there's a target he's looking for. Okay. Is is basically a profitable close. In other words, if he's long, the daily clothes, he's trying to hold on for that.
	274	+|273 |00:44:35,760 ~-~-> 00:44:47,640 |If he gets out before that, but not at the close. He's done you know, the best service he can provide for himself. Because it may not get to that level. I may
	275	+|274 |00:44:47,640 ~-~-> 00:45:01,140 |not see 116 55 they might go to 116 54 and my limit was at 16 1655 I had that happen to me. So what I do is I go 1015 sometimes 20 pips early And I get out
	276	+|275 |00:45:01,140 ~-~-> 00:45:09,120 |there. Why? Because I want to make sure I'm getting out at a logical level, price is moving in my favor, and I don't care about looking smart. I want to
	277	+|276 |00:45:09,120 ~-~-> 00:45:18,960 |make sure that my homes are paid for my insurance on my vehicles, all the things that I do on a day by day basis is going to be supported. And I'm never going to
	278	+|277 |00:45:18,960 ~-~-> 00:45:27,810 |have to go down in my net worth, it's always going to be increasing doesn't mean I'm not taking losses, it just means that in my business model, I want me
	279	+|278 |00:45:28,230 ~-~-> 00:45:38,730 |focusing on profitability, not perfect, not precision entry exits always. The point is, if you know this is the entry down here, or this is down here, I'm
	280	+|279 |00:45:38,730 ~-~-> 00:45:48,150 |sorry, here. And this is where the logical target is getting out before that there's nothing wrong with that. The folks that will say that stupid that your
	281	+|280 |00:45:48,150 ~-~-> 00:46:00,990 |target should hold on to it. They're not profitable. They're holding on to absolutes. And absolutes don't pay. Now, analysis, and execution are two
	282	+|281 |00:46:00,990 ~-~-> 00:46:09,360 |different entirely thing two different things. I use my analysis to give me the rough idea of where I should be getting out at the best case scenario. And what
	283	+|282 |00:46:09,360 ~-~-> 00:46:18,060 |I make is an exit is earlier than that. And I'll let the guys that want to be hot shots, try to hold on for those last bits, I get the accolades in the high
	284	+|283 |00:46:18,060 ~-~-> 00:46:26,220 |fives by knowing in advance and showing you the levels beforehand. And the traders that are new, they see this and they go crazy. Oh, he's getting out too
	285	+|284 |00:46:26,220 ~-~-> 00:46:33,690 |high. No, I'm not. I'm absolutely not doing that. And I don't have my full position on there either. I have paid myself throughout the way and I didn't
	286	+|285 |00:46:33,690 ~-~-> 00:46:42,900 |take this trail and sing from a conceptual standpoint, I pay myself. For the time I've invested in the risk. Now there's going to be people that say, well
	287	+|286 |00:46:42,900 ~-~-> 00:46:51,240 |see, that's stupid, because risk reward says that you had the most maximum risk on at the beginning of trade and you're taking off on Yeah, I'm taking money out
	288	+|287 |00:46:51,240 ~-~-> 00:46:59,400 |of the marketplace. Hello, that's what you're doing this for it. I'm managing risk because I'm reducing the risk as I stay longer in the trade. Okay, and I'm
	289	+|288 |00:46:59,400 ~-~-> 00:47:09,660 |satisfying that urge to be a male conquer the caveman mentality that's in men that we're hardwired to feel that I still am satisfied those that because I have
	290	+|289 |00:47:09,660 ~-~-> 00:47:18,750 |something small one, or I've already noted that hi in advance, so that satisfies me and ego. And you're always gonna as a male, you're going to have you don't
	291	+|290 |00:47:18,750 ~-~-> 00:47:25,740 |care who you are, you're going to express if you get good at this. It just happens. I was not an egotistical maniac. When I first started this I was very,
	292	+|291 |00:47:25,740 ~-~-> 00:47:36,390 |very quiet, docile, very rarely said anything blue collar. And I was Mr. Nice Guy. And when you start making $17,000 a week, that stuff changes real quick.
	293	+|292 |00:47:36,570 ~-~-> 00:47:43,320 |And you think your shit doesn't stink, and you're better than everybody else. And it's an ugly trait. But it's something that people you go through. And
	294	+|293 |00:47:43,350 ~-~-> 00:47:50,520 |unless somebody smacks you down, and for me, it was God. He put the Godsmack on me and humbled me and it doesn't probably sound like I've been humbled. But
	295	+|294 |00:47:50,520 ~-~-> 00:47:59,190 |believe me, I do a lot of character reservation and just, I try to be entertaining when I'm online. Sometimes it doesn't, it doesn't deliver Well,
	296	+|295 |00:47:59,370 ~-~-> 00:48:10,230 |sometimes it does. But I do those things. To try to satisfy those no circulations in my ego. I have to wrestle with that every single day. Because
	297	+|296 |00:48:10,230 ~-~-> 00:48:20,910 |what I do is so good. It's hard not to be egotistical. It's hard not to be arrogant. It takes a great deal of effort not to do those types of things. So
	298	+|297 |00:48:20,910 ~-~-> 00:48:34,350 |for young guys, in closing, as you learn this stuff, do not take this as an invitation to go on social media, Facebook, Instagram, and become the next forex
	299	+|298 |00:48:34,350 ~-~-> 00:48:43,620 |baller. Believe me, it doesn't deliver, like you think it will, you're not going to deliver a message that people are gonna fall in love with, they're gonna tell
	300	+|299 |00:48:43,620 ~-~-> 00:48:50,370 |you, this guy's a jerk, you know, or he's fake, because he's arrogant, you know, you're over the top. So therefore you, you can't be profitable. And you got to
	301	+|300 |00:48:50,370 ~-~-> 00:48:56,340 |spend so much time trying to convince him prove that you're just gonna waste your time. And it's not going to give you what you expected in terms of
	302	+|301 |00:48:56,610 ~-~-> 00:49:01,380 |response. So don't even waste your time with it. Who cares if they don't believe you're making money,
	303	+|302 |00:49:01,530 ~-~-> 00:49:08,130 |because I don't care who's making you whoever doesn't believe that this stuff works or I'm not profitable, or I don't really trade or I'm delivering pizzas
	304	+|303 |00:49:08,130 ~-~-> 00:49:18,330 |for Domino's. You know, 1992 Ford Mustang with a rusty old trunk. I don't know where that came from. But long as it is, I don't care what people believe about
	305	+|304 |00:49:18,330 ~-~-> 00:49:26,940 |me. I only care about the folks that put the time into learning what I'm teaching. And believe me if you do these things, you will see that your time has
	306	+|305 |00:49:26,940 ~-~-> 00:49:37,830 |not been wasted. And it's consistency, its framework exactly what you're looking for. But I give it in small pieces, because it's required to learn it that way.
	307	+|306 |00:49:38,160 ~-~-> 00:49:45,000 |If I gave you all one presentation, this is what you do. You're not going to do what you're supposed to be doing because I want you to focus on small segments
	308	+|307 |00:49:45,000 ~-~-> 00:49:53,310 |of price action and components of it. And you'll be quickly convinced that each individual component has validity. It's has substance behind it. And when you
	309	+|308 |00:49:53,310 ~-~-> 00:49:59,670 |put everything together, you get Blue Ribbon results. So hopefully you found this insightful until next time, I wish you good luck and good trading
4	4
5		-2
6		-00:00:43,650 ~-~-> 00:00:46,410
7		-so we're gonna go over a few things. I'm not gonna spend a
8		-
9		-3
10		-00:00:46,410 ~-~-> 00:00:48,510
11		-whole lot of time with you today. I'm gonna try to keep the
12		-
13		-4
14		-00:00:48,720 ~-~-> 00:00:55,320
15		-session short. The focus is really to try to get you up to
16		-
17		-5
18		-00:00:55,320 ~-~-> 00:00:59,460
19		-speed as fast as I possibly can, but not cramming you with
20		-
21		-6
22		-00:00:59,460 ~-~-> 00:01:02,400
23		-too much info. Because I know that a lot of new followers
24		-
25		-7
26		-00:01:02,460 ~-~-> 00:01:08,550
27		-are not new readers, to my material. And you're all anxious
28		-
29		-8
30		-00:01:08,550 ~-~-> 00:01:13,560
31		-to get to the next video on my other tutorials, and in
32		-
33		-9
34		-00:01:13,560 ~-~-> 00:01:16,860
35		-between that, like give you what I think you should be doing
36		-
37		-10
38		-00:01:16,860 ~-~-> 00:01:21,000
39		-with your time, it's not going to be learned by watching my
40		-
41		-11
42		-00:01:21,000 ~-~-> 00:01:25,350
43		-videos, okay? There's a lot of folks that will say, watch
44		-
45		-12
46		-00:01:25,350 ~-~-> 00:01:28,080
47		-the videos, watch the videos. And it's true, you have to see
48		-
49		-13
50		-00:01:28,080 ~-~-> 00:01:31,830
51		-the videos to get the concepts. But don't spend your time
52		-
53		-14
54		-00:01:31,860 ~-~-> 00:01:34,710
55		-just watching videos binge watching, you actually have to do
56		-
57		-15
58		-00:01:34,710 ~-~-> 00:01:37,920
59		-all the work in your own charts. The folks that are going to
60		-
61		-16
62		-00:01:37,920 ~-~-> 00:01:42,180
63		-do well with my stuff or anything else. It's going to be the
64		-
65		-17
66		-00:01:42,180 ~-~-> 00:01:46,200
67		-ones that participate in practice and do it without being
68		-
69		-18
70		-00:01:46,500 ~-~-> 00:01:51,360
71		-told to do so by me. You got to have some initiative, okay.
72		-
73		-19
74		-00:01:51,360 ~-~-> 00:01:55,920
75		-And without having that it's going to be well, next to
76		-
77		-20
78		-00:01:55,920 ~-~-> 00:01:59,010
79		-impossible for you get good and you're going to be the one
80		-
81		-21
82		-00:01:59,010 ~-~-> 00:02:01,740
83		-that stands in the way of you Being proficient with this,
84		-
85		-22
86		-00:02:02,100 ~-~-> 00:02:05,790
87		-not my delivery of the content, not my frequency of putting
88		-
89		-23
90		-00:02:05,790 ~-~-> 00:02:09,750
91		-out videos, it's going to be the amount of time you put into
92		-
93		-24
94		-00:02:09,750 ~-~-> 00:02:15,630
95		-studying and studying correctly practicing it correctly. So
96		-
97		-25
98		-00:02:16,080 ~-~-> 00:02:18,870
99		-I'm going to give you why I believe that you should be
100		-
101		-26
102		-00:02:18,870 ~-~-> 00:02:23,130
103		-focusing on one pair. Okay, and how you should go about
104		-
105		-27
106		-00:02:23,130 ~-~-> 00:02:26,280
107		-doing that. And how you should log each experience each
108		-
109		-28
110		-00:02:26,280 ~-~-> 00:02:30,300
111		-deck. Now, either you're going to do it live, or you can do
112		-
113		-29
114		-00:02:30,300 ~-~-> 00:02:33,000
115		-it by hindsight, a lot of you have jobs, all you have
116		-
117		-30
118		-00:02:33,000 ~-~-> 00:02:36,090
119		-businesses, is life's going to be in the way and you can't
120		-
121		-31
122		-00:02:36,090 ~-~-> 00:02:40,800
123		-always be watching live price action. You still can learn
124		-
125		-32
126		-00:02:40,800 ~-~-> 00:02:45,120
127		-this. I taught myself a lot of the things that I teach, all
128		-
129		-33
130		-00:02:45,120 ~-~-> 00:02:49,260
131		-based on end of day data. I would go back and look at charts
132		-
133		-34
134		-00:02:49,320 ~-~-> 00:02:52,350
135		-that happened during the day with an hourly chart, and I
136		-
137		-35
138		-00:02:52,350 ~-~-> 00:02:55,590
139		-could see certain things and that's how I learned a lot of
140		-
141		-36
142		-00:02:55,590 ~-~-> 00:02:59,700
143		-the things that I started with my core principles. When I
144		-
145		-37
146		-00:02:59,700 ~-~-> 00:03:04,620
147		-was Starting with the Forex tutorials back in 2010 I've been
148		-
149		-38
150		-00:03:04,620 ~-~-> 00:03:07,980
151		-trading a lot longer than that. But a lot of the core
152		-
153		-39
154		-00:03:08,220 ~-~-> 00:03:11,220
155		-understanding came by way of just simply understanding end
156		-
157		-40
158		-00:03:11,220 ~-~-> 00:03:15,210
159		-of day trading. And that means nothing intraday, nothing
160		-
161		-41
162		-00:03:15,210 ~-~-> 00:03:21,000
163		-live. It was all based on basically a daily chart. Okay, so
164		-
165		-42
166		-00:03:22,050 ~-~-> 00:03:27,120
167		-yesterday I gave you guys a chart here and I highly price
168		-
169		-43
170		-00:03:27,120 ~-~-> 00:03:32,370
171		-hitting this specific level here. And hopefully I'll stem a
172		-
173		-44
174		-00:03:32,370 ~-~-> 00:03:36,960
175		-lot of this. With this comment about it probably won't be as
176		-
177		-45
178		-00:03:37,410 ~-~-> 00:03:40,740
179		-effective as I was hope, hope hope it would be rather. But
180		-
181		-46
182		-00:03:41,610 ~-~-> 00:03:44,550
183		-everyone seems to think that the magic is happening with the
184		-
185		-47
186		-00:03:44,550 ~-~-> 00:03:47,730
187		-Fibonacci. And there's a lot of things that go along with
188		-
189		-48
190		-00:03:48,030 ~-~-> 00:03:52,710
191		-using Fibonacci for my targets and my entries. It's not the
192		-
193		-49
194		-00:03:52,710 ~-~-> 00:03:56,580
195		-sole basis for my entry. Okay, in first glance, it looks
196		-
197		-50
198		-00:03:56,580 ~-~-> 00:03:59,910
199		-like something you've seen before, okay, but there's a lot
200		-
201		-51
202		-00:03:59,910 ~-~-> 00:04:03,300
203		-of Other things that you have to focus on and Shouldn't you
204		-
205		-52
206		-00:04:03,300 ~-~-> 00:04:05,820
207		-try doing on your own, you know, right away? It's not as
208		-
209		-53
210		-00:04:05,820 ~-~-> 00:04:08,460
211		-easy as you think it is. You don't know what the anchor what
212		-
213		-54
214		-00:04:08,460 ~-~-> 00:04:13,500
215		-fib on what level what? Pi with low, suddenly, you know, it
216		-
217		-55
218		-00:04:13,500 ~-~-> 00:04:15,930
219		-doesn't look like it doesn't work that good. And it's
220		-
221		-56
222		-00:04:15,930 ~-~-> 00:04:19,770
223		-because of the experience factor. My group that I have
224		-
225		-57
226		-00:04:19,770 ~-~-> 00:04:23,250
227		-mentored for the last over, over, well, it's been a year
228		-
229		-58
230		-00:04:23,250 ~-~-> 00:04:27,540
231		-now. Some of them are still admittedly struggling with some
232		-
233		-59
234		-00:04:27,540 ~-~-> 00:04:31,500
235		-of the concepts. And I'm constantly repeating. It's an
236		-
237		-60
238		-00:04:31,500 ~-~-> 00:04:34,350
239		-experience thing that they have to grow into. You don't
240		-
241		-61
242		-00:04:34,350 ~-~-> 00:04:37,260
243		-learn this overnight, you certainly aren't going to learn in
244		-
245		-62
246		-00:04:37,260 ~-~-> 00:04:40,830
247		-one year. Okay, but you will learn to grow in your
248		-
249		-63
250		-00:04:40,830 ~-~-> 00:04:43,140
251		-understanding. So I'm going to give you a foundation today.
252		-
253		-64
254		-00:04:43,560 ~-~-> 00:04:46,920
255		-To start with, it's only specifically dealing with scouting,
256		-
257		-65
258		-00:04:46,920 ~-~-> 00:04:51,480
259		-okay. So please don't come at me on Twitter about hey, look,
260		-
261		-66
262		-00:04:51,540 ~-~-> 00:04:54,330
263		-you know, what about central bank dealers range and what
264		-
265		-67
266		-00:04:54,330 ~-~-> 00:04:58,080
267		-about the fallout? And what about, you know, the moving
268		-
269		-68
270		-00:04:58,080 ~-~-> 00:05:03,060
271		-average crossovers, and what about it Trading stick to what
272		-
273		-69
274		-00:05:03,060 ~-~-> 00:05:05,850
275		-I'm giving you. Not because I'm trying to hold anything away
276		-
277		-70
278		-00:05:05,850 ~-~-> 00:05:10,620
279		-from you, but I gave you guys way too much stuff before way
280		-
281		-71
282		-00:05:10,620 ~-~-> 00:05:14,100
283		-too fast. And it's gave the impression that you needed to
284		-
285		-72
286		-00:05:14,100 ~-~-> 00:05:18,090
287		-have all that to be successful. And to some degree, a lot of
288		-
289		-73
290		-00:05:18,090 ~-~-> 00:05:23,490
291		-mine. detractors were right in the sense that I was giving
292		-
293		-74
294		-00:05:23,490 ~-~-> 00:05:26,100
295		-way too much. But what I was really doing was I was giving
296		-
297		-75
298		-00:05:26,100 ~-~-> 00:05:30,000
299		-you everything that I went through to develop myself as the
300		-
301		-76
302		-00:05:30,000 ~-~-> 00:05:31,770
303		-amateur trader, the person that you see that
304		-
305		-77
306		-00:05:32,250 ~-~-> 00:05:35,610
307		-took calls the market and gives the analysis concepts, all
308		-
309		-78
310		-00:05:35,610 ~-~-> 00:05:38,670
311		-those things that led up to my understanding, and to become
312		-
313		-79
314		-00:05:38,670 ~-~-> 00:05:41,520
315		-who I am as a trader. Those were the things I went through.
316		-
317		-80
318		-00:05:41,820 ~-~-> 00:05:45,030
319		-And it was kinda like a social experience, to see if anyone
320		-
321		-81
322		-00:05:45,030 ~-~-> 00:05:49,980
323		-else could be, I guess, created the same way I was. And for
324		-
325		-82
326		-00:05:49,980 ~-~-> 00:05:53,310
327		-the most part, it didn't happen. So it was a failed
328		-
329		-83
330		-00:05:53,310 ~-~-> 00:05:57,270
331		-experiment in my eyes, but it was still fun to watch the
332		-
333		-84
334		-00:05:57,270 ~-~-> 00:06:00,900
335		-growth of some individuals that did pretty well with it. But
336		-
337		-85
338		-00:06:00,900 ~-~-> 00:06:04,050
339		-nobody came to the level I was hoping he would, by way of me
340		-
341		-86
342		-00:06:04,170 ~-~-> 00:06:08,910
343		-presenting the information. So with that, I'm going to ask
344		-
345		-87
346		-00:06:08,910 ~-~-> 00:06:11,400
347		-you a question. And this is rhetorical. Obviously, you guys
348		-
349		-88
350		-00:06:11,460 ~-~-> 00:06:14,160
351		-aren't going to be able to tell me what your responses are.
352		-
353		-89
354		-00:06:14,160 ~-~-> 00:06:16,860
355		-You can share them on Twitter, but it's really just a
356		-
357		-90
358		-00:06:17,100 ~-~-> 00:06:22,080
359		-rhetorical. What pair have you spent the most time looking
360		-
361		-91
362		-00:06:22,080 ~-~-> 00:06:25,410
363		-at? Now? There's no correct pair. Okay, please don't think
364		-
365		-92
366		-00:06:25,410 ~-~-> 00:06:30,180
367		-that there's one pair that's better than the other. Because
368		-
369		-93
370		-00:06:30,180 ~-~-> 00:06:33,240
371		-they all do the same thing. They all open, they'll post the
372		-
373		-94
374		-00:06:33,240 ~-~-> 00:06:36,330
375		-high, they'll post the low and the close and create a new
376		-
377		-95
378		-00:06:36,330 ~-~-> 00:06:41,190
379		-bar or new candle. So we're trying we're trading price. We
380		-
381		-96
382		-00:06:41,190 ~-~-> 00:06:44,520
383		-don't care so much about the particular currency. Now there
384		-
385		-97
386		-00:06:44,520 ~-~-> 00:06:47,760
387		-are times when certain currencies should be focused on
388		-
389		-98
390		-00:06:47,760 ~-~-> 00:06:49,680
391		-others, and that's completely outside the scope of this
392		-
393		-99
394		-00:06:49,680 ~-~-> 00:06:53,730
395		-discussion, but I want you to it at least, right now,
396		-
397		-100
398		-00:06:53,760 ~-~-> 00:06:58,830
399		-suspend your curiosity in chasing everything else and just
400		-
401		-101
402		-00:06:58,830 ~-~-> 00:07:03,720
403		-pick one pair It doesn't matter which pair it is. But today
404		-
405		-102
406		-00:07:03,750 ~-~-> 00:07:07,170
407		-as a goal I want you to know don't have to be decided at
408		-
409		-103
410		-00:07:07,170 ~-~-> 00:07:11,100
411		-this moment right now. But give it a day, think about what
412		-
413		-104
414		-00:07:11,100 ~-~-> 00:07:15,360
415		-currency pair you have gone to on your smartphone, or in
416		-
417		-105
418		-00:07:15,360 ~-~-> 00:07:17,430
419		-your demo account. Or maybe you've made the mistake of
420		-
421		-106
422		-00:07:17,430 ~-~-> 00:07:19,410
423		-opening a Live account right away without knowing anything,
424		-
425		-107
426		-00:07:19,830 ~-~-> 00:07:22,770
427		-and what pair you're trying to lose money on. Okay? Because
428		-
429		-108
430		-00:07:22,770 ~-~-> 00:07:24,090
431		-that's what you're doing. If you don't know what you're
432		-
433		-109
434		-00:07:24,090 ~-~-> 00:07:28,590
435		-doing, you're just basically trying to lose your money. And
436		-
437		-110
438		-00:07:28,590 ~-~-> 00:07:32,790
439		-there's, there's really no benefit in doing that. Okay. So,
440		-
441		-111
442		-00:07:32,970 ~-~-> 00:07:35,850
443		-we're going to assume that you have picked one of the
444		-
445		-112
446		-00:07:35,850 ~-~-> 00:07:39,930
447		-majors, okay, so if you're going to be profitable, and I was
448		-
449		-113
450		-00:07:39,930 ~-~-> 00:07:41,700
451		-going to be your goal when you start as a trader, hopefully
452		-
453		-114
454		-00:07:41,700 ~-~-> 00:07:43,920
455		-that's been the case for everyone, and you live in the
456		-
457		-115
458		-00:07:43,920 ~-~-> 00:07:47,940
459		-United States. My advice is to try to trade something that's
460		-
461		-116
462		-00:07:47,970 ~-~-> 00:07:51,300
463		-paired with the dollar index and just simply say this, when
464		-
465		-117
466		-00:07:51,300 ~-~-> 00:07:54,120
467		-you are profitable, you get better tax treatment when you
468		-
469		-118
470		-00:07:54,120 ~-~-> 00:07:57,540
471		-trade $1 based major, okay, and I'll just leave it at that.
472		-
473		-119
474		-00:07:58,650 ~-~-> 00:08:01,560
475		-So doesn't mean you can't Make money on the crosses, it just
476		-
477		-120
478		-00:08:01,560 ~-~-> 00:08:05,880
479		-means that the bulk of your volume would be better suited in
480		-
481		-121
482		-00:08:05,880 ~-~-> 00:08:10,110
483		-a major cross with $1. Okay. And I'm not here teaching tax
484		-
485		-122
486		-00:08:10,110 ~-~-> 00:08:13,140
487		-code, you talk to your tax preparer. They have to have some
488		-
489		-123
490		-00:08:13,140 ~-~-> 00:08:16,380
491		-knowledge and understanding about forex and concur with what
492		-
493		-124
494		-00:08:16,380 ~-~-> 00:08:20,820
495		-I just said. Okay. So we're going to assume you pick a
496		-
497		-125
498		-00:08:20,820 ~-~-> 00:08:25,470
499		-major, it could be euro, dollar, pound dollar, dollar,
500		-
501		-126
502		-00:08:25,470 ~-~-> 00:08:31,050
503		-swissy, dollar yen, dollar, CAD, Aussie dollar. Pick any one
504		-
505		-127
506		-00:08:31,050 ~-~-> 00:08:33,900
507		-of those, okay, and I'm not trying to promote one over the
508		-
509		-128
510		-00:08:33,900 ~-~-> 00:08:38,490
511		-other but I will just simply say that I am predominantly a
512		-
513		-129
514		-00:08:38,670 ~-~-> 00:08:44,250
515		-GBP USD or cable trader, British pound. I can tell you the
516		-
517		-130
518		-00:08:44,250 ~-~-> 00:08:46,830
519		-reason why I feel that way is because I started as a
520		-
521		-131
522		-00:08:46,830 ~-~-> 00:08:49,770
523		-commodity trader and the British pound the Deutsche Mark,
524		-
525		-132
526		-00:08:49,770 ~-~-> 00:08:53,310
527		-which there isn't a Deutsche Mark anymore. Those two pairs
528		-
529		-133
530		-00:08:53,580 ~-~-> 00:08:58,050
531		-or I'm sorry, currencies. I treated them predominantly the
532		-
533		-134
534		-00:08:58,080 ~-~-> 00:09:03,540
535		-most as a Currency Trader. And I had really good luck one
536		-
537		-135
538		-00:09:03,570 ~-~-> 00:09:07,830
539		-time in the Japanese yen. And then later time in my career,
540		-
541		-136
542		-00:09:08,040 ~-~-> 00:09:11,370
543		-it really stumped the crap out of me. And I just don't like
544		-
545		-137
546		-00:09:11,370 ~-~-> 00:09:13,800
547		-him. Okay, it doesn't mean that the things don't work in
548		-
549		-138
550		-00:09:13,800 ~-~-> 00:09:18,960
551		-yen. It's just I just don't want to try again because it's
552		-
553		-139
554		-00:09:18,960 ~-~-> 00:09:21,360
555		-in my head. It's all psychological. And I just don't want to
556		-
557		-140
558		-00:09:21,360 ~-~-> 00:09:25,950
559		-submit to having that engage anymore. So I personally don't
560		-
561		-141
562		-00:09:25,950 ~-~-> 00:09:30,300
563		-like in but some students do exceptionally well trading yen
564		-
565		-142
566		-00:09:30,300 ~-~-> 00:09:35,040
567		-pairs. So don't let me as a mentor or just some guy on the
568		-
569		-143
570		-00:09:35,040 ~-~-> 00:09:38,580
571		-internet talking about what he thinks is right. Don't let me
572		-
573		-144
574		-00:09:38,640 ~-~-> 00:09:41,160
575		-discourage you from doing any one particular pair of the
576		-
577		-145
578		-00:09:41,160 ~-~-> 00:09:43,590
579		-other. I'm just giving you my personal opinion because I get
580		-
581		-146
582		-00:09:43,590 ~-~-> 00:09:45,780
583		-a lot of this in email. So I'm trying to compress all that
584		-
585		-147
586		-00:09:45,780 ~-~-> 00:09:49,890
587		-into this short little presentation. So we're going to elect
588		-
589		-148
590		-00:09:49,980 ~-~-> 00:09:55,080
591		-to go with the euro dollar, and I'm going to use the euro
592		-
593		-149
594		-00:09:55,080 ~-~-> 00:09:59,640
595		-dollar because it's the most widely followed in all of the
596		-
597		-150
598		-00:09:59,640 ~-~-> 00:10:02,820
599		-Forex market and it's pretty liquid. It's very closely tied
600		-
601		-151
602		-00:10:02,820 ~-~-> 00:10:05,160
603		-to the Dollar Index, which, once you go through my
604		-
605		-152
606		-00:10:05,160 ~-~-> 00:10:07,290
607		-tutorials, you'll see that that's actually advantageous for
608		-
609		-153
610		-00:10:07,290 ~-~-> 00:10:10,290
611		-you because you want to be looking for the imbalances and
612		-
613		-154
614		-00:10:10,290 ~-~-> 00:10:13,770
615		-tug of war between the impulse price swings in the dollar.
616		-
617		-155
618		-00:10:14,100 ~-~-> 00:10:16,920
619		-They're going to be mirror images of what you see in the
620		-
621		-156
622		-00:10:16,920 ~-~-> 00:10:20,310
623		-euro dollar. And by that, I mean, if the dollar is bullish,
624		-
625		-157
626		-00:10:20,880 ~-~-> 00:10:22,620
627		-you're going to see extremely
628		-
629		-158
630		-00:10:24,059 ~-~-> 00:10:27,869
631		-perfectly timed bearishness on the euro dollar doesn't mean
632		-
633		-159
634		-00:10:27,869 ~-~-> 00:10:31,199
635		-it happens all the time. Okay, as you seen last week, we had
636		-
637		-160
638		-00:10:31,469 ~-~-> 00:10:36,449
639		-episodes where the euro dollar was held in a range, British
640		-
641		-161
642		-00:10:36,449 ~-~-> 00:10:40,379
643		-Pound was allowed to trade higher and lower in trend. And
644		-
645		-162
646		-00:10:40,379 ~-~-> 00:10:42,839
647		-that gives us an indication that there's a trade occurring
648		-
649		-163
650		-00:10:42,839 ~-~-> 00:10:45,419
651		-in euro pound. And again, that stuff's in the tutorials but
652		-
653		-164
654		-00:10:45,419 ~-~-> 00:10:48,269
655		-you got to dig it out and study it. But I'm going to give
656		-
657		-165
658		-00:10:48,269 ~-~-> 00:10:54,239
659		-you the bare bones core essentials to scalping and what I've
660		-
661		-166
662		-00:10:54,239 ~-~-> 00:10:57,209
663		-already given you is a complete system. It's absolutely
664		-
665		-167
666		-00:10:57,629 ~-~-> 00:11:00,749
667		-perfect for a new trader because it gives you The context to
668		-
669		-168
670		-00:11:00,749 ~-~-> 00:11:04,289
671		-go in to the charts study, look for certain things and
672		-
673		-169
674		-00:11:04,289 ~-~-> 00:11:06,749
675		-you're not wasting your time, you'll be able to see things
676		-
677		-170
678		-00:11:06,749 ~-~-> 00:11:10,019
679		-that repeat they have to have a reoccurrence factor. Okay,
680		-
681		-171
682		-00:11:10,019 ~-~-> 00:11:13,529
683		-if what you're studying doesn't have the ability to be
684		-
685		-172
686		-00:11:13,589 ~-~-> 00:11:17,549
687		-replicated at least a few times a week, you're probably not
688		-
689		-173
690		-00:11:17,549 ~-~-> 00:11:22,169
691		-studying anything that has any valid validity or substance,
692		-
693		-174
694		-00:11:22,319 ~-~-> 00:11:24,389
695		-you're probably looking at indicators and stuff. And the
696		-
697		-175
698		-00:11:24,389 ~-~-> 00:11:26,639
699		-only indicator you're going to see on my chart is a
700		-
701		-176
702		-00:11:26,639 ~-~-> 00:11:29,819
703		-Fibonacci. And the only thing I'm highlighting there is a
704		-
705		-177
706		-00:11:29,819 ~-~-> 00:11:33,659
707		-target or a specific range and where I think a entry should
708		-
709		-178
710		-00:11:33,659 ~-~-> 00:11:38,399
711		-occur, do not fall prey to the idea that everything I'm
712		-
713		-179
714		-00:11:38,399 ~-~-> 00:11:41,489
715		-doing hinges solely on the basis of Fibonacci, because it's
716		-
717		-180
718		-00:11:41,489 ~-~-> 00:11:44,729
719		-not believe me, I don't even need that Fibonacci. But the
720		-
721		-181
722		-00:11:44,729 ~-~-> 00:11:48,149
723		-Fibonacci as a teacher, helps me draw your attention to a
724		-
725		-182
726		-00:11:48,149 ~-~-> 00:11:50,429
727		-level I've already arrived that and you're not going to
728		-
729		-183
730		-00:11:50,429 ~-~-> 00:11:57,269
731		-believe me, but I knew this high at 116 55 was probable last
732		-
733		-184
734		-00:11:57,269 ~-~-> 00:12:04,679
735		-Friday. Last Friday at midnight, last Friday. Now you're not
736		-
737		-185
738		-00:12:04,679 ~-~-> 00:12:07,949
739		-gonna believe me, okay? But I don't think I'm not trying to
740		-
741		-186
742		-00:12:07,949 ~-~-> 00:12:10,799
743		-convince you that here today, but there are certain concepts
744		-
745		-187
746		-00:12:11,099 ~-~-> 00:12:15,089
747		-that repeat themselves with a great deal of precision. And
748		-
749		-188
750		-00:12:15,089 ~-~-> 00:12:19,799
751		-they're like clockwork. So if we have to suspend our
752		-
753		-189
754		-00:12:19,829 ~-~-> 00:12:23,399
755		-disbelief about the markets being 100% manipulated to the
756		-
757		-190
758		-00:12:23,399 ~-~-> 00:12:26,729
759		-degree that that daily high and the daily low is already pre
760		-
761		-191
762		-00:12:26,729 ~-~-> 00:12:30,809
763		-determined before the day even begins. So in your notepad,
764		-
765		-192
766		-00:12:30,869 ~-~-> 00:12:33,209
767		-if you don't have a notepad next time we watch a live
768		-
769		-193
770		-00:12:33,209 ~-~-> 00:12:36,449
771		-session, because anything can happen. YouTube could go on
772		-
773		-194
774		-00:12:36,449 ~-~-> 00:12:41,249
775		-the fritz, maybe nine, my compiler doesn't record the video,
776		-
777		-195
778		-00:12:41,429 ~-~-> 00:12:44,639
779		-and you'll lose the insights that I get, sometimes won't
780		-
781		-196
782		-00:12:44,639 ~-~-> 00:12:47,579
783		-remember what I said, because I'm really not trying to work
784		-
785		-197
786		-00:12:47,579 ~-~-> 00:12:51,089
787		-with a script. I know what I want to deliver in such a small
788		-
789		-198
790		-00:12:51,089 ~-~-> 00:12:54,029
791		-little segment of insight, but I want to give you some
792		-
793		-199
794		-00:12:54,029 ~-~-> 00:12:56,999
795		-foundation and also if I can always try to throw little
796		-
797		-200
798		-00:12:56,999 ~-~-> 00:13:00,929
799		-answers to email questions that kind of segue with what I'm
800		-
801		-201
802		-00:13:00,929 ~-~-> 00:13:05,129
803		-teaching. But in your notepad, I want you to write down,
804		-
805		-202
806		-00:13:05,399 ~-~-> 00:13:11,039
807		-Price Is 100% manipulated, and the daily high and daily low
808		-
809		-203
810		-00:13:11,069 ~-~-> 00:13:17,069
811		-are already pre determined at midnight, New York time. So
812		-
813		-204
814		-00:13:17,069 ~-~-> 00:13:21,749
815		-that means midnight last night for me, it's seven hours and
816		-
817		-205
818		-00:13:21,749 ~-~-> 00:13:26,219
819		-21 minutes ago, the daily high and low has already been pre
820		-
821		-206
822		-00:13:26,219 ~-~-> 00:13:31,529
823		-determined for euro dollar. It our era has been determined.
824		-
825		-207
826		-00:13:32,819 ~-~-> 00:13:38,759
827		-Now, you don't know what that is. I don't always know what
828		-
829		-208
830		-00:13:38,759 ~-~-> 00:13:42,779
831		-it is. But there are certain times of the week where certain
832		-
833		-209
834		-00:13:42,779 ~-~-> 00:13:48,539
835		-things align where I had the strongest. Well, I guess
836		-
837		-210
838		-00:13:48,629 ~-~-> 00:13:51,989
839		-probability that I know where the daily high or low is going
840		-
841		-211
842		-00:13:51,989 ~-~-> 00:13:56,279
843		-to be. I've given you several examples of it on Twitter, in
844		-
845		-212
846		-00:13:56,279 ~-~-> 00:13:59,279
847		-video. Yeah, I've already shown you that I've shown you
848		-
849		-213
850		-00:13:59,279 ~-~-> 00:14:03,779
851		-trade example. Now, it's not imperative that you know that
852		-
853		-214
854		-00:14:03,779 ~-~-> 00:14:06,779
855		-this is the high and therefore you hold to get out exactly
856		-
857		-215
858		-00:14:06,779 ~-~-> 00:14:10,679
859		-at 116 55. Because to do that is going to be detrimental to
860		-
861		-216
862		-00:14:10,679 ~-~-> 00:14:13,379
863		-your bottom line because you're going to sometimes get it
864		-
865		-217
866		-00:14:13,379 ~-~-> 00:14:18,659
867		-wrong. But you don't need to have that actual high. For
868		-
869		-218
870		-00:14:18,659 ~-~-> 00:14:21,839
871		-instance, I'll give you an example. And this is to set your
872		-
873		-219
874		-00:14:21,839 ~-~-> 00:14:26,279
875		-expectations. I'm not trying to talk to hear myself, okay,
876		-
877		-220
878		-00:14:26,279 ~-~-> 00:14:28,169
879		-I'm not trying to waste your time. But what I'm saying here
880		-
881		-221
882		-00:14:28,199 ~-~-> 00:14:35,099
883		-me means a lot to take. Take note on this. If we know by way
884		-
885		-222
886		-00:14:35,099 ~-~-> 00:14:40,139
887		-of our tools, or what I'm teaching you, if see if we know
888		-
889		-223
890		-00:14:40,829 ~-~-> 00:14:44,429
891		-that there's a strong probability, that particular pair to
892		-
893		-224
894		-00:14:44,429 ~-~-> 00:14:46,589
895		-work following this case, we're using the Euro dollars in
896		-
897		-225
898		-00:14:46,589 ~-~-> 00:14:47,129
899		-example,
900		-
901		-226
902		-00:14:48,809 ~-~-> 00:14:53,369
903		-if they can go to 116 55 as a daily high, and you've gotten
904		-
905		-227
906		-00:14:53,369 ~-~-> 00:14:56,399
907		-an opportunity to get long, say down here in the New York
908		-
909		-228
910		-00:14:56,399 ~-~-> 00:15:00,179
911		-session or if you have a London close continuation with is
912		-
913		-229
914		-00:15:00,179 ~-~-> 00:15:03,929
915		-what this is here, optimal trade entry. If either one of
916		-
917		-230
918		-00:15:03,929 ~-~-> 00:15:08,429
919		-those are used to get in and your convictions are that we're
920		-
921		-231
922		-00:15:08,429 ~-~-> 00:15:12,749
923		-probably going to see the interbank algorithm print a daily
924		-
925		-232
926		-00:15:12,749 ~-~-> 00:15:18,959
927		-high of 116 55. If that's the case, don't demand such
928		-
929		-233
930		-00:15:18,959 ~-~-> 00:15:23,759
931		-precision that you hold for that exit price. Now, I Showboat
932		-
933		-234
934		-00:15:23,789 ~-~-> 00:15:27,359
935		-online to prove to other people that what I talked about is
936		-
937		-235
938		-00:15:27,359 ~-~-> 00:15:31,949
939		-really there. I gave you the chart, I wait, I wait and wait
940		-
941		-236
942		-00:15:31,949 ~-~-> 00:15:34,319
943		-and wait until the hits the levels I want. And I
944		-
945		-237
946		-00:15:34,319 ~-~-> 00:15:36,569
947		-screencapture right when it happens, so that way you guys
948		-
949		-238
950		-00:15:36,569 ~-~-> 00:15:39,599
951		-can see it. Be go on Twitter, you'll see that's actually the
952		-
953		-239
954		-00:15:39,599 ~-~-> 00:15:43,739
955		-very high on this candle. This particular ones right here
956		-
957		-240
958		-00:15:43,739 ~-~-> 00:15:47,429
959		-ain't gonna pop up on this recording, but the actual high
960		-
961		-241
962		-00:15:47,429 ~-~-> 00:15:51,419
963		-comes in at 116 55. As the candle was creating that high, it
964		-
965		-242
966		-00:15:51,419 ~-~-> 00:15:54,779
967		-never went any higher than that. And it traded lower as a
968		-
969		-243
970		-00:15:54,779 ~-~-> 00:15:59,999
971		-result. I do that to prove to the doubters also to reenter
972		-
973		-244
974		-00:15:59,999 ~-~-> 00:16:02,729
975		-For the people that are trying to learn from me that is
976		-
977		-245
978		-00:16:02,729 ~-~-> 00:16:08,279
979		-absolutely predictable. Now, predictability is not the same
980		-
981		-246
982		-00:16:08,279 ~-~-> 00:16:11,669
983		-as profitability because you can still screw up you can
984		-
985		-247
986		-00:16:11,669 ~-~-> 00:16:16,409
987		-still demand absolution okay? And you're not going to find
988		-
989		-248
990		-00:16:16,409 ~-~-> 00:16:19,619
991		-that okay? There's no forex Jesus, okay, you can pray all
992		-
993		-249
994		-00:16:19,619 ~-~-> 00:16:23,549
995		-you want about the market doing what you want to do anything
996		-
997		-250
998		-00:16:23,579 ~-~-> 00:16:27,059
999		-you want to do it, okay? So you have to have a rule based
1000		-
1001		-251
1002		-00:16:27,059 ~-~-> 00:16:31,079
1003		-idea. So my, the way I interpret intraday price action is I
1004		-
1005		-252
1006		-00:16:31,079 ~-~-> 00:16:32,999
1007		-want to get a rough idea where I think the daily higher
1008		-
1009		-253
1010		-00:16:32,999 ~-~-> 00:16:37,349
1011		-daily low is going to be. Compare that with a bias. Okay,
1012		-
1013		-254
1014		-00:16:37,349 ~-~-> 00:16:40,439
1015		-and you have to have a bias traders to say or instructors, I
1016		-
1017		-255
1018		-00:16:40,439 ~-~-> 00:16:44,279
1019		-say that with quotations in my hands. They'll say you don't
1020		-
1021		-256
1022		-00:16:44,279 ~-~-> 00:16:46,409
1023		-trade with a bias. It's foolish. Those people don't know
1024		-
1025		-257
1026		-00:16:46,409 ~-~-> 00:16:48,359
1027		-what they're talking about. Okay, they have no idea what
1028		-
1029		-258
1030		-00:16:48,359 ~-~-> 00:16:50,279
1031		-you're talking about. And they had no business trying to
1032		-
1033		-259
1034		-00:16:50,279 ~-~-> 00:16:52,919
1035		-tell anyone what to do, because if they're doing anything at
1036		-
1037		-260
1038		-00:16:52,919 ~-~-> 00:16:56,429
1039		-all, they're misleading you. I'm telling you the truth.
1040		-
1041		-261
1042		-00:16:56,669 ~-~-> 00:16:59,099
1043		-These markets are manipulated. They're absolutely not for
1044		-
1045		-262
1046		-00:16:59,099 ~-~-> 00:17:03,479
1047		-your benefit. They are out there to whale. Okay. And that
1048		-
1049		-263
1050		-00:17:03,479 ~-~-> 00:17:06,839
1051		-means they're going after big, large institutional funds.
1052		-
1053		-264
1054		-00:17:07,139 ~-~-> 00:17:09,359
1055		-That's what this is now, yes, there's global commerce that
1056		-
1057		-265
1058		-00:17:09,359 ~-~-> 00:17:13,439
1059		-they actually are used to facilitate global commerce and
1060		-
1061		-266
1062		-00:17:13,739 ~-~-> 00:17:16,799
1063		-transactions between countries and nations and doing
1064		-
1065		-267
1066		-00:17:16,799 ~-~-> 00:17:19,589
1067		-business and stuff. Yeah, that's wonderful. But there's also
1068		-
1069		-268
1070		-00:17:19,589 ~-~-> 00:17:22,379
1071		-opportunity there. And the opportunity is to go after large
1072		-
1073		-269
1074		-00:17:22,379 ~-~-> 00:17:25,799
1075		-liquidity basis. And that's not going to be retail. Retail
1076		-
1077		-270
1078		-00:17:25,799 ~-~-> 00:17:29,999
1079		-is not even on the radar. So if we understand that, that is
1080		-
1081		-271
1082		-00:17:29,999 ~-~-> 00:17:33,299
1083		-how these markets are operating on a day by day basis, and
1084		-
1085		-272
1086		-00:17:33,299 ~-~-> 00:17:36,599
1087		-it's the largest market in the world, and it's ran by the
1088		-
1089		-273
1090		-00:17:36,599 ~-~-> 00:17:39,239
1091		-banks, which, you know, banks don't open up to go into bit
1092		-
1093		-274
1094		-00:17:39,269 ~-~-> 00:17:42,119
1095		-go out of business, they tend to stay in the business or be
1096		-
1097		-275
1098		-00:17:42,119 ~-~-> 00:17:47,039
1099		-consumed by larger bank. If we have that understanding, we
1100		-
1101		-276
1102		-00:17:47,039 ~-~-> 00:17:49,469
1103		-know that there's a large degree of probability that the
1104		-
1105		-277
1106		-00:17:49,469 ~-~-> 00:17:51,989
1107		-daily higher daily low is going to be pre determined at
1108		-
1109		-278
1110		-00:17:51,989 ~-~-> 00:17:55,379
1111		-midnight every single day. And once we know what that level
1112		-
1113		-279
1114		-00:17:55,379 ~-~-> 00:17:58,379
1115		-is, and we compare it with a bias towards if we're bullish
1116		-
1117		-280
1118		-00:17:58,379 ~-~-> 00:18:02,969
1119		-on the euro dollar As indicated yesterday, okay with optimal
1120		-
1121		-281
1122		-00:18:02,969 ~-~-> 00:18:07,739
1123		-trade entry here, and what happened in here. My advice to
1124		-
1125		-282
1126		-00:18:07,739 ~-~-> 00:18:11,669
1127		-you is if you know these things here, okay, and I'm going to
1128		-
1129		-283
1130		-00:18:11,669 ~-~-> 00:18:14,339
1131		-give you things in my tutorials that help you get to this.
1132		-
1133		-284
1134		-00:18:14,339 ~-~-> 00:18:17,369
1135		-Now, it's not going to be this precise. This is something
1136		-
1137		-285
1138		-00:18:17,369 ~-~-> 00:18:21,479
1139		-that is taught in my mentorship. But in the tutorials, I've
1140		-
1141		-286
1142		-00:18:21,509 ~-~-> 00:18:25,529
1143		-given many instances on how you can get real close to this
1144		-
1145		-287
1146		-00:18:25,529 ~-~-> 00:18:29,129
1147		-number. So I'll give you an example. I teach the 50 levels
1148		-
1149		-288
1150		-00:18:29,429 ~-~-> 00:18:33,449
1151		-and the double zero big figure levels are significant. I
1152		-
1153		-289
1154		-00:18:33,449 ~-~-> 00:18:35,429
1155		-want you and this is something you write down in your
1156		-
1157		-290
1158		-00:18:35,429 ~-~-> 00:18:37,379
1159		-notepad right now because this homework for you this all
1160		-
1161		-291
1162		-00:18:37,379 ~-~-> 00:18:42,449
1163		-week, I want you to put every 50 level in every full figure
1164		-
1165		-292
1166		-00:18:42,479 ~-~-> 00:18:45,899
1167		-00 level and what does that mean? Go to your horizontal
1168		-
1169		-293
1170		-00:18:45,899 ~-~-> 00:18:51,089
1171		-line. Okay, and we're going to drop it onto a 50 we're gonna
1172		-
1173		-294
1174		-00:18:51,359 ~-~-> 00:18:57,449
1175		-build it better. So it's on 116 50 and then we're going to
1176		-
1177		-295
1178		-00:18:57,449 ~-~-> 00:19:09,899
1179		-go down to one 16 00 eyes are still not awake yet. So I
1180		-
1181		-296
1182		-00:19:09,899 ~-~-> 00:19:11,669
1183		-apologize for being a little
1184		-
1185		-297
1186		-00:19:14,309 ~-~-> 00:19:17,759
1187		-slow on the deliver here. Okay, so we have 116, big figure,
1188		-
1189		-298
1190		-00:19:18,089 ~-~-> 00:19:21,779
1191		-and 116 50, mid figure, okay, you'll hear these terms used a
1192		-
1193		-299
1194		-00:19:21,779 ~-~-> 00:19:28,439
1195		-lot in my tutorials, I want you to put your 15 00 levels on
1196		-
1197		-300
1198		-00:19:28,469 ~-~-> 00:19:31,979
1199		-the currency pair that you're going to follow. Okay? And I
1200		-
1201		-301
1202		-00:19:31,979 ~-~-> 00:19:34,649
1203		-want you to use wherever the prices right now, right now
1204		-
1205		-302
1206		-00:19:34,649 ~-~-> 00:19:39,089
1207		-it's trading at 1630. So the next two levels above and
1208		-
1209		-303
1210		-00:19:39,089 ~-~-> 00:19:45,299
1211		-below, it's the 50 level and the 00 level, okay? inside of
1212		-
1213		-304
1214		-00:19:45,299 ~-~-> 00:19:49,679
1215		-that price is going to do all kinds of gyrations. ignore it.
1216		-
1217		-305
1218		-00:19:50,099 ~-~-> 00:19:53,369
1219		-Don't do anything with it. Okay. I want you to wait until
1220		-
1221		-306
1222		-00:19:53,369 ~-~-> 00:19:56,849
1223		-price trades to one of these levels, the 50 level or the 00
1224		-
1225		-307
1226		-00:19:56,849 ~-~-> 00:20:01,649
1227		-level. Okay, and then wait for a reaction. It could come
1228		-
1229		-308
1230		-00:20:01,649 ~-~-> 00:20:05,519
1231		-down to 16 00. In bounce, come up and create a retracement.
1232		-
1233		-309
1234		-00:20:05,519 ~-~-> 00:20:08,639
1235		-And that could be an apple trade entry for a day trade and
1236		-
1237		-310
1238		-00:20:08,639 ~-~-> 00:20:11,879
1239		-test it. I'm not telling you to put live money on any of
1240		-
1241		-311
1242		-00:20:11,879 ~-~-> 00:20:15,119
1243		-this, I'm telling you, the practice the reactions off the 50
1244		-
1245		-312
1246		-00:20:15,119 ~-~-> 00:20:17,939
1247		-level and the 000 level, the mid figures and the big
1248		-
1249		-313
1250		-00:20:17,939 ~-~-> 00:20:22,889
1251		-figures. If we watch these levels over time, you're going to
1252		-
1253		-314
1254		-00:20:22,889 ~-~-> 00:20:27,719
1255		-see every setup that you'd ever need is on these levels. And
1256		-
1257		-315
1258		-00:20:27,719 ~-~-> 00:20:31,739
1259		-it's because of the interbank volume. And the banks
1260		-
1261		-316
1262		-00:20:31,739 ~-~-> 00:20:34,919
1263		-themselves like to work off these levels. They'll defend big
1264		-
1265		-317
1266		-00:20:34,919 ~-~-> 00:20:37,109
1267		-figures and mid figures at these levels. There's going to be
1268		-
1269		-318
1270		-00:20:37,109 ~-~-> 00:20:39,449
1271		-a lot of orders, which is what makes these markets move
1272		-
1273		-319
1274		-00:20:39,449 ~-~-> 00:20:42,839
1275		-around. It's not indicators, none of this stuff, and you'll
1276		-
1277		-320
1278		-00:20:42,839 ~-~-> 00:20:47,099
1279		-be surprised that most most folks believe that the chart
1280		-
1281		-321
1282		-00:20:47,099 ~-~-> 00:20:51,689
1283		-itself pushes price and charts are only reflecting the
1284		-
1285		-322
1286		-00:20:51,689 ~-~-> 00:20:57,809
1287		-sentiment and actions of actual transactions. banks don't
1288		-
1289		-323
1290		-00:20:57,809 ~-~-> 00:21:02,099
1291		-trade with charts. Okay. It's, it's like a misnomer to you,
1292		-
1293		-324
1294		-00:21:02,399 ~-~-> 00:21:05,429
1295		-I'm smart money because I'm using the four hour chart now
1296		-
1297		-325
1298		-00:21:05,789 ~-~-> 00:21:10,259
1299		-it's my way for me to communicate to you the order base that
1300		-
1301		-326
1302		-00:21:10,259 ~-~-> 00:21:13,589
1303		-will be around that particular price level and it's easily
1304		-
1305		-327
1306		-00:21:15,479 ~-~-> 00:21:18,869
1307		-seen and observed on a higher timeframe intraday chart like
1308		-
1309		-328
1310		-00:21:18,869 ~-~-> 00:21:24,659
1311		-a four hour. So don't think that there's any particular
1312		-
1313		-329
1314		-00:21:24,659 ~-~-> 00:21:28,649
1315		-magic that a down close candle supports price. It's that's
1316		-
1317		-330
1318		-00:21:28,649 ~-~-> 00:21:32,669
1319		-not it either order blocks are not it. It's just one small
1320		-
1321		-331
1322		-00:21:32,669 ~-~-> 00:21:36,569
1323		-component to a larger hole that you'll need to consume in my
1324		-
1325		-332
1326		-00:21:36,569 ~-~-> 00:21:40,469
1327		-content. But for intraday basis, I want you to focus on 00
1328		-
1329		-333
1330		-00:21:40,469 ~-~-> 00:21:45,179
1331		-levels, and 50 levels. Okay, and just for homework, go back
1332		-
1333		-334
1334		-00:21:45,179 ~-~-> 00:21:48,449
1335		-through your currency pair. It's real simple. I mean, this
1336		-
1337		-335
1338		-00:21:48,449 ~-~-> 00:21:50,819
1339		-is drag it to the left. And you'll see there's a lot of
1340		-
1341		-336
1342		-00:21:50,819 ~-~-> 00:21:55,049
1343		-instances where price creates opportunities at these levels.
1344		-
1345		-337
1346		-00:21:55,229 ~-~-> 00:21:58,889
1347		-Now, you might have to wait. That's beautiful because it's
1348		-
1349		-338
1350		-00:21:58,889 ~-~-> 00:22:04,349
1351		-going to teach you patience. If you have the 50 00 level and
1352		-
1353		-339
1354		-00:22:04,349 ~-~-> 00:22:06,449
1355		-you wait for opportunities to price trades to these
1356		-
1357		-340
1358		-00:22:06,479 ~-~-> 00:22:09,269
1359		-particular well here's why we're here. Now what I mean when
1360		-
1361		-341
1362		-00:22:09,269 ~-~-> 00:22:11,309
1363		-it gets to these levels I'm not saying it hits the level
1364		-
1365		-342
1366		-00:22:11,309 ~-~-> 00:22:14,309
1367		-exactly and bounces, it just means around that level and
1368		-
1369		-343
1370		-00:22:14,309 ~-~-> 00:22:17,909
1371		-I'll give you the perfect example here. Price runs here
1372		-
1373		-344
1374		-00:22:18,509 ~-~-> 00:22:20,759
1375		-creates a small little Let me see if it works too high
1376		-
1377		-345
1378		-00:22:20,759 ~-~-> 00:22:25,949
1379		-because I'm not sure if I can show it to you there. Okay,
1380		-
1381		-346
1382		-00:22:25,949 ~-~-> 00:22:32,189
1383		-lost it. There it is. Alright, so we have price creating a
1384		-
1385		-347
1386		-00:22:32,189 ~-~-> 00:22:36,239
1387		-high at 116 oh seven and the last high comes in at exactly
1388		-
1389		-348
1390		-00:22:36,239 ~-~-> 00:22:38,579
1391		-116 or seven. So it really didn't create one there. It would
1392		-
1393		-349
1394		-00:22:38,579 ~-~-> 00:22:42,599
1395		-have been better had it been broke the short term high. But
1396		-
1397		-350
1398		-00:22:43,289 ~-~-> 00:22:46,199
1399		-that is an awful trade entry. a retracement it would be a
1400		-
1401		-351
1402		-00:22:46,199 ~-~-> 00:22:50,249
1403		-79% tradesmen level thereby I only but you can see the
1404		-
1405		-352
1406		-00:22:50,369 ~-~-> 00:22:53,999
1407		-overall pattern. This is what you would expect to see around
1408		-
1409		-353
1410		-00:22:54,419 ~-~-> 00:22:59,219
1411		-the big figures your level or the 50 level. Okay and
1412		-
1413		-354
1414		-00:22:59,309 ~-~-> 00:23:02,729
1415		-eventually Time, you're going to graduate to adding the 80
1416		-
1417		-355
1418		-00:23:02,729 ~-~-> 00:23:05,249
1419		-level and the 20 level. And that's it, you need nothing
1420		-
1421		-356
1422		-00:23:05,249 ~-~-> 00:23:07,319
1423		-else, you don't need to worry about drawing support
1424		-
1425		-357
1426		-00:23:07,319 ~-~-> 00:23:09,989
1427		-resistance lines on your charts. You don't need to worry
1428		-
1429		-358
1430		-00:23:09,989 ~-~-> 00:23:15,569
1431		-about putting, you know, any kind of, well, whatever kind of
1432		-
1433		-359
1434		-00:23:15,569 ~-~-> 00:23:18,959
1435		-lipstick you usually put on your charts. The books taught me
1436		-
1437		-360
1438		-00:23:19,229 ~-~-> 00:23:21,989
1439		-use an old high, draw a line across it and prices either
1440		-
1441		-361
1442		-00:23:21,989 ~-~-> 00:23:24,749
1443		-gonna hit it and repel from resistance or break soon come
1444		-
1445		-362
1446		-00:23:24,749 ~-~-> 00:23:27,059
1447		-down find support. And I can tell you I've lost hundreds of
1448		-
1449		-363
1450		-00:23:27,059 ~-~-> 00:23:28,229
1451		-thousands of dollars don't add.
1452		-
1453		-364
1454		-00:23:29,580 ~-~-> 00:23:33,030
1455		-It doesn't it doesn't work, because it doesn't give you any
1456		-
1457		-365
1458		-00:23:33,030 ~-~-> 00:23:36,870
1459		-context about why that level should be traded on the basis
1460		-
1461		-366
1462		-00:23:36,900 ~-~-> 00:23:41,040
1463		-of order flow. Now not order flows in the form of market
1464		-
1465		-367
1466		-00:23:41,040 ~-~-> 00:23:43,980
1467		-profile footprint depth of market, I'm not talking about
1468		-
1469		-368
1470		-00:23:43,980 ~-~-> 00:23:48,030
1471		-that. That's entirely outside the scope of what I do. What I
1472		-
1473		-369
1474		-00:23:48,030 ~-~-> 00:23:52,230
1475		-internalize is why the market should have orders around
1476		-
1477		-370
1478		-00:23:52,230 ~-~-> 00:23:55,410
1479		-specific levels. So regardless of what style of trading
1480		-
1481		-371
1482		-00:23:55,410 ~-~-> 00:23:58,350
1483		-you're going to be, I'm teaching predominantly scalping now
1484		-
1485		-372
1486		-00:23:58,740 ~-~-> 00:24:01,530
1487		-because it gives you the ability To go in and do a lot of
1488		-
1489		-373
1490		-00:24:01,530 ~-~-> 00:24:04,800
1491		-research, a lot of examples, and the things that you learn
1492		-
1493		-374
1494		-00:24:04,800 ~-~-> 00:24:07,590
1495		-in price action on scouting will be beneficial for you. And
1496		-
1497		-375
1498		-00:24:07,590 ~-~-> 00:24:11,460
1499		-all of the types of trading you can do. So, in summary,
1500		-
1501		-376
1502		-00:24:12,060 ~-~-> 00:24:14,610
1503		-okay, and then we get to the nuts and bolts on closest
1504		-
1505		-377
1506		-00:24:14,610 ~-~-> 00:24:19,320
1507		-video, we have the 00 level, big figure, the 50 level and in
1508		-
1509		-378
1510		-00:24:19,320 ~-~-> 00:24:24,000
1511		-between that we have 50 and 00. What was the level I told
1512		-
1513		-379
1514		-00:24:24,000 ~-~-> 00:24:31,650
1515		-you to watch? The 20 level. Okay, so we want to have our
1516		-
1517		-380
1518		-00:24:31,650 ~-~-> 00:24:41,700
1519		-level at 1620 and the other one would be 16 ad. And that's
1520		-
1521		-381
1522		-00:24:41,700 ~-~-> 00:24:47,640
1523		-here. Okay. And the next will be 17 00. Okay. So that way,
1524		-
1525		-382
1526		-00:24:47,670 ~-~-> 00:24:49,680
1527		-guess what, we've already done all of our work for support
1528		-
1529		-383
1530		-00:24:49,680 ~-~-> 00:24:56,340
1531		-resistance. But it's that easy. Yes. It's not easy, because
1532		-
1533		-384
1534		-00:24:56,580 ~-~-> 00:25:00,360
1535		-my interpretation of price action is I know what Banks are
1536		-
1537		-385
1538		-00:25:00,360 ~-~-> 00:25:02,490
1539		-going to do I know what large institutions are going to do.
1540		-
1541		-386
1542		-00:25:02,910 ~-~-> 00:25:05,340
1543		-Because you can see it yourself going to charts and pull the
1544		-
1545		-387
1546		-00:25:05,340 ~-~-> 00:25:08,610
1547		-same levels up and go back over price action. You'll see it
1548		-
1549		-388
1550		-00:25:08,610 ~-~-> 00:25:13,500
1551		-there. Okay, I gave you an example of earlier, excuse me the
1552		-
1553		-389
1554		-00:25:14,940 ~-~-> 00:25:16,830
1555		-example earlier where it didn't really give me the apple
1556		-
1557		-390
1558		-00:25:16,830 ~-~-> 00:25:24,210
1559		-trade optimal trade entry. Let's do this. Alright, so if we
1560		-
1561		-391
1562		-00:25:24,210 ~-~-> 00:25:27,840
1563		-have that range here, and I know it doesn't qualify for the
1564		-
1565		-392
1566		-00:25:27,840 ~-~-> 00:25:31,050
1567		-setup, but I want you to see this is the reaction you get
1568		-
1569		-393
1570		-00:25:31,050 ~-~-> 00:25:34,230
1571		-off of it. But look how the lookout forms around the big
1572		-
1573		-394
1574		-00:25:34,230 ~-~-> 00:25:38,280
1575		-figure. And then later on this same price action here, I
1576		-
1577		-395
1578		-00:25:38,280 ~-~-> 00:25:40,650
1579		-told you about the optimal trade entry example here
1580		-
1581		-396
1582		-00:25:40,650 ~-~-> 00:25:44,820
1583		-yesterday, look where it occurs on the big figure 16. Now
1584		-
1585		-397
1586		-00:25:44,820 ~-~-> 00:25:48,270
1587		-that's not a coincidence. That's just the way it works. And
1588		-
1589		-398
1590		-00:25:48,270 ~-~-> 00:25:51,030
1591		-what about up here?
1592		-
1593		-399
1594		-00:25:56,880 ~-~-> 00:25:58,980
1595		-Isn't that an optimal trade entry? I gave you the daily high
1596		-
1597		-400
1598		-00:25:58,980 ~-~-> 00:26:05,910
1599		-yesterday. Look at the opportunity to tier highest body open
1600		-
1601		-401
1602		-00:26:05,910 ~-~-> 00:26:10,800
1603		-or close down to the lowest body open or close. Perfect 279.
1604		-
1605		-402
1606		-00:26:11,100 ~-~-> 00:26:14,130
1607		-Yes, I'm tracing level cells off. And then here's another
1608		-
1609		-403
1610		-00:26:14,130 ~-~-> 00:26:19,800
1611		-one smaller one sells off. There you go symmetrical price
1612		-
1613		-404
1614		-00:26:19,800 ~-~-> 00:26:23,790
1615		-swing. So I gave you real institutional support resistance.
1616		-
1617		-405
1618		-00:26:24,660 ~-~-> 00:26:27,540
1619		-I told you how to find the optimal trade entries on a scalp.
1620		-
1621		-406
1622		-00:26:29,100 ~-~-> 00:26:31,860
1623		-They set up easy. You're not scratching your head looking at
1624		-
1625		-407
1626		-00:26:31,860 ~-~-> 00:26:35,040
1627		-the chart saying, good grief. What support resistance do I
1628		-
1629		-408
1630		-00:26:35,040 ~-~-> 00:26:39,210
1631		-use? What supply and demand zone do I use? What you know?
1632		-
1633		-409
1634		-00:26:40,470 ~-~-> 00:26:44,580
1635		-I'm being facetious now, but I want you to know that the
1636		-
1637		-410
1638		-00:26:44,580 ~-~-> 00:26:48,780
1639		-folks that try to teach you these things, okay. In terms of
1640		-
1641		-411
1642		-00:26:48,780 ~-~-> 00:26:52,380
1643		-technical analysis, they have for the most part at zero
1644		-
1645		-412
1646		-00:26:52,380 ~-~-> 00:26:55,470
1647		-understanding of what goes on in institutional basis. Okay.
1648		-
1649		-413
1650		-00:26:56,190 ~-~-> 00:27:00,000
1651		-support resistance are based on orders. They're not based on
1652		-
1653		-414
1654		-00:27:00,000 ~-~-> 00:27:03,750
1655		-Anything other than that. So without having an understanding
1656		-
1657		-415
1658		-00:27:03,750 ~-~-> 00:27:06,330
1659		-of why price is going to move and gyrate around specific
1660		-
1661		-416
1662		-00:27:06,330 ~-~-> 00:27:09,210
1663		-levels, you're going to be losing money, you're going to
1664		-
1665		-417
1666		-00:27:09,210 ~-~-> 00:27:10,920
1667		-hemorrhage money, and then you're going to go into this
1668		-
1669		-418
1670		-00:27:10,920 ~-~-> 00:27:15,510
1671		-cycle where looking for things, and having no understanding
1672		-
1673		-419
1674		-00:27:15,510 ~-~-> 00:27:18,240
1675		-or definition of what it is you're looking for. It's gonna
1676		-
1677		-420
1678		-00:27:18,240 ~-~-> 00:27:22,500
1679		-frustrate you. And the human characteristic in us is going
1680		-
1681		-421
1682		-00:27:22,500 ~-~-> 00:27:25,590
1683		-to be, well, what I just did didn't work. So I need to do it
1684		-
1685		-422
1686		-00:27:25,590 ~-~-> 00:27:29,400
1687		-harder, immediately. Because I need to have the reaction I
1688		-
1689		-423
1690		-00:27:29,400 ~-~-> 00:27:33,150
1691		-want and then trading, that is the death sentence for you.
1692		-
1693		-424
1694		-00:27:34,080 ~-~-> 00:27:36,600
1695		-You need to stop and just be patient. What are you waiting
1696		-
1697		-425
1698		-00:27:36,600 ~-~-> 00:27:39,120
1699		-for? You're waiting for one of these levels to trade. And
1700		-
1701		-426
1702		-00:27:39,120 ~-~-> 00:27:41,640
1703		-this is when I say these are institutional price levels.
1704		-
1705		-427
1706		-00:27:42,000 ~-~-> 00:27:49,440
1707		-Okay. I get jeered and prodded by folks that unconvinced
1708		-
1709		-428
1710		-00:27:49,440 ~-~-> 00:27:52,710
1711		-that they use my stuff and don't want to admit to it, but
1712		-
1713		-429
1714		-00:27:52,710 ~-~-> 00:27:55,380
1715		-they hate the fact that I can draw up attention real quick,
1716		-
1717		-430
1718		-00:27:55,710 ~-~-> 00:27:59,130
1719		-and I can teach right away something that's applicable and
1720		-
1721		-431
1722		-00:27:59,130 ~-~-> 00:28:01,620
1723		-some of them either aspiring to start their own company or
1724		-
1725		-432
1726		-00:28:01,620 ~-~-> 00:28:04,170
1727		-start their own signal service or own business. And the best
1728		-
1729		-433
1730		-00:28:04,170 ~-~-> 00:28:08,070
1731		-way to do their business is to try to tear me down. Because
1732		-
1733		-434
1734		-00:28:08,070 ~-~-> 00:28:11,820
1735		-I was the guy on the internet for years doing for free. Now,
1736		-
1737		-435
1738		-00:28:11,820 ~-~-> 00:28:13,830
1739		-I still am doing this for free. You didn't pay anything to
1740		-
1741		-436
1742		-00:28:13,830 ~-~-> 00:28:16,410
1743		-learn this. But right now what I've already given you in the
1744		-
1745		-437
1746		-00:28:16,410 ~-~-> 00:28:21,750
1747		-YouTube videos I've already given you in my forum. I've
1748		-
1749		-438
1750		-00:28:21,750 ~-~-> 00:28:28,410
1751		-given you in old tutorials. And now with just this, you have
1752		-
1753		-439
1754		-00:28:28,410 ~-~-> 00:28:34,530
1755		-no reason to subscribe to any subscriber base programs, not
1756		-
1757		-440
1758		-00:28:34,530 ~-~-> 00:28:37,800
1759		-even to mine. Okay, now think about this. Think about what I
1760		-
1761		-441
1762		-00:28:37,800 ~-~-> 00:28:41,550
1763		-just did. Okay? If I'm in this to make money and panhandle
1764		-
1765		-442
1766		-00:28:41,550 ~-~-> 00:28:45,120
1767		-off anyone, why on Why the hell would I just give you
1768		-
1769		-443
1770		-00:28:45,180 ~-~-> 00:28:49,320
1771		-something that you would never ever ever need to pay me or
1772		-
1773		-444
1774		-00:28:49,320 ~-~-> 00:28:52,230
1775		-anyone else for again, what kind of business model is that?
1776		-
1777		-445
1778		-00:28:53,220 ~-~-> 00:28:55,650
1779		-It's the same business model I use when I first started. I
1780		-
1781		-446
1782		-00:28:55,650 ~-~-> 00:28:58,680
1783		-gave all this stuff out for free, because I'm already rich.
1784		-
1785		-447
1786		-00:28:58,830 ~-~-> 00:29:02,460
1787		-I don't need anybody's money. Okay, I enjoy doing this. But
1788		-
1789		-448
1790		-00:29:02,460 ~-~-> 00:29:05,250
1791		-there's certain things I'm not going to teach publicly. I'm
1792		-
1793		-449
1794		-00:29:05,250 ~-~-> 00:29:09,120
1795		-just not going to do it. Do you need anything beyond this?
1796		-
1797		-450
1798		-00:29:09,210 ~-~-> 00:29:13,680
1799		-No. Because what is it done? It tells you where the setups
1800		-
1801		-451
1802		-00:29:13,710 ~-~-> 00:29:17,790
1803		-occur. Wait a minute. It's just that easy. It's absolutely
1804		-
1805		-452
1806		-00:29:17,790 ~-~-> 00:29:20,460
1807		-just that easy. You have these levels on your chart and I
1808		-
1809		-453
1810		-00:29:20,460 ~-~-> 00:29:22,740
1811		-don't care about what pair it is you're trading. This works
1812		-
1813		-454
1814		-00:29:22,740 ~-~-> 00:29:25,680
1815		-on the British pound. It works on the Canadian dollar. It
1816		-
1817		-455
1818		-00:29:25,680 ~-~-> 00:29:29,490
1819		-works on Bitcoin, try it on that I don't trade it. Okay. But
1820		-
1821		-456
1822		-00:29:29,730 ~-~-> 00:29:33,090
1823		-for feedback, I know that my people trade Bitcoin, do it on
1824		-
1825		-457
1826		-00:29:33,090 ~-~-> 00:29:37,080
1827		-Bitcoin and just see if it doesn't work on Bitcoin. I'm
1828		-
1829		-458
1830		-00:29:37,080 ~-~-> 00:29:38,970
1831		-interested to know because I don't really track that asset
1832		-
1833		-459
1834		-00:29:38,970 ~-~-> 00:29:42,090
1835		-class. But everything out there, it works on commodities, it
1836		-
1837		-460
1838		-00:29:42,090 ~-~-> 00:29:47,760
1839		-works on the bond. It works on. Stocks, it works on
1840		-
1841		-461
1842		-00:29:47,820 ~-~-> 00:29:53,280
1843		-everything, because it's the same mo the people that run
1844		-
1845		-462
1846		-00:29:53,490 ~-~-> 00:29:58,680
1847		-these markets, they use the same business model. It's all
1848		-
1849		-463
1850		-00:29:58,680 ~-~-> 00:30:02,250
1851		-the same thing. Accumulation distribution and manipulation,
1852		-
1853		-464
1854		-00:30:02,370 ~-~-> 00:30:04,650
1855		-those three things, there's three components, you need to
1856		-
1857		-465
1858		-00:30:04,650 ~-~-> 00:30:07,740
1859		-know what it is that the cycle is in right now. And it
1860		-
1861		-466
1862		-00:30:07,740 ~-~-> 00:30:11,430
1863		-sounds complicated, sounds mysterious. And I made my
1864		-
1865		-467
1866		-00:30:11,550 ~-~-> 00:30:14,070
1867		-presentations like that to draw everyone's attention.
1868		-
1869		-468
1870		-00:30:15,509 ~-~-> 00:30:18,209
1871		-I'm trying not to do that now. And I'm going right to the
1872		-
1873		-469
1874		-00:30:18,209 ~-~-> 00:30:21,299
1875		-core of what it is that you should be focusing on because it
1876		-
1877		-470
1878		-00:30:21,299 ~-~-> 00:30:23,819
1879		-created a lot of work for me in terms of emails. I got
1880		-
1881		-471
1882		-00:30:23,819 ~-~-> 00:30:26,159
1883		-frustrated over the years and said, you know what he's just
1884		-
1885		-472
1886		-00:30:26,159 ~-~-> 00:30:29,399
1887		-saying repeating questions. If I ever do this again, and I
1888		-
1889		-473
1890		-00:30:30,029 ~-~-> 00:30:33,719
1891		-just recently started coming back and providing content. I
1892		-
1893		-474
1894		-00:30:33,719 ~-~-> 00:30:37,319
1895		-want it to be concise. I want it to be user friendly right
1896		-
1897		-475
1898		-00:30:37,319 ~-~-> 00:30:42,089
1899		-away, and it leaves very little in terms of guessing about
1900		-
1901		-476
1902		-00:30:42,089 ~-~-> 00:30:47,879
1903		-what else alluding to. So in summary, I want you to pick one
1904		-
1905		-477
1906		-00:30:47,879 ~-~-> 00:30:53,219
1907		-pair. I just used the euro dollar here today, okay. And if
1908		-
1909		-478
1910		-00:30:53,219 ~-~-> 00:30:57,689
1911		-we use one pair, we want to have our levels arrived at so
1912		-
1913		-479
1914		-00:30:57,689 ~-~-> 00:31:01,589
1915		-our support resistance levels are going to be what 00 level
1916		-
1917		-480
1918		-00:31:01,859 ~-~-> 00:31:07,079
1919		-two at level 220 level and the mid figure 50. Okay, they are
1920		-
1921		-481
1922		-00:31:07,079 ~-~-> 00:31:10,739
1923		-your support resistance levels. Do not concern yourself with
1924		-
1925		-482
1926		-00:31:10,739 ~-~-> 00:31:13,649
1927		-anything else for right now, I promise you, if you watch
1928		-
1929		-483
1930		-00:31:13,649 ~-~-> 00:31:17,369
1931		-over the course of a week, you'll see one good setup. And
1932		-
1933		-484
1934		-00:31:17,369 ~-~-> 00:31:20,309
1935		-that's all I want you focusing on right now, do not try to
1936		-
1937		-485
1938		-00:31:20,309 ~-~-> 00:31:23,549
1939		-do everyday trading. I've been doing this for a long, long
1940		-
1941		-486
1942		-00:31:23,549 ~-~-> 00:31:29,579
1943		-time. In March, I'll be 25 years doing it. So my ability to
1944		-
1945		-487
1946		-00:31:29,579 ~-~-> 00:31:33,599
1947		-do it is completely going to be well above what you're able
1948		-
1949		-488
1950		-00:31:33,599 ~-~-> 00:31:36,359
1951		-to do for starting. So don't compare that or contrast that
1952		-
1953		-489
1954		-00:31:36,359 ~-~-> 00:31:39,449
1955		-just because an instructor can do it. And he taught you or
1956		-
1957		-490
1958		-00:31:39,449 ~-~-> 00:31:41,699
1959		-she taught you doesn't mean that you're gonna be able to
1960		-
1961		-491
1962		-00:31:41,699 ~-~-> 00:31:43,949
1963		-walk out and do the same thing the first day or the first
1964		-
1965		-492
1966		-00:31:43,949 ~-~-> 00:31:47,069
1967		-year, it ain't gonna happen. So you have to grow into that.
1968		-
1969		-493
1970		-00:31:47,489 ~-~-> 00:31:50,549
1971		-So we have support resistance levels determined and also
1972		-
1973		-494
1974		-00:31:50,549 ~-~-> 00:31:53,879
1975		-gave you previous highs and previous lows. So there's your
1976		-
1977		-495
1978		-00:31:53,879 ~-~-> 00:31:58,589
1979		-targets, okay, so you know, a levels gonna set up around one
1980		-
1981		-496
1982		-00:31:58,589 ~-~-> 00:32:01,949
1983		-of these levels here. And what's the setup optimal trade
1984		-
1985		-497
1986		-00:32:01,949 ~-~-> 00:32:07,349
1987		-entry? You're waiting for a scenario where this retracement
1988		-
1989		-498
1990		-00:32:07,349 ~-~-> 00:32:11,369
1991		-idea occurs. Sometimes it will be right on the level and hit
1992		-
1993		-499
1994		-00:32:11,369 ~-~-> 00:32:14,369
1995		-it. Sometimes it won't. Sometimes it will go through it
1996		-
1997		-500
1998		-00:32:14,369 ~-~-> 00:32:17,249
1999		-again, you're generally looking for this pattern optimal
2000		-
2001		-501
2002		-00:32:17,249 ~-~-> 00:32:22,499
2003		-trade entry around 800 level a 50 level, a 20, or an 80. And
2004		-
2005		-502
2006		-00:32:22,499 ~-~-> 00:32:26,549
2007		-I promise you, I guaran damn tee you if you go through your
2008		-
2009		-503
2010		-00:32:26,549 ~-~-> 00:32:29,459
2011		-charts, you're gonna see a plethora of these examples. Now,
2012		-
2013		-504
2014		-00:32:29,459 ~-~-> 00:32:33,179
2015		-I don't want you again, trying to do this every single day,
2016		-
2017		-505
2018		-00:32:33,599 ~-~-> 00:32:36,329
2019		-because I've taught that you can double your money every
2020		-
2021		-506
2022		-00:32:36,329 ~-~-> 00:32:40,919
2023		-single year with just less than 25 pips 23 pips a week, a 2%
2024		-
2025		-507
2026		-00:32:40,919 ~-~-> 00:32:44,099
2027		-risk if you know what you're doing. It doubles your money
2028		-
2029		-508
2030		-00:32:44,129 ~-~-> 00:32:46,829
2031		-every single year, you start with $1,000 and 10 years,
2032		-
2033		-509
2034		-00:32:47,549 ~-~-> 00:32:50,729
2035		-that's a million dollars. Now it doesn't quote, equate to
2036		-
2037		-510
2038		-00:32:51,509 ~-~-> 00:32:55,379
2039		-taxation and such but it doesn't take very much to do very
2040		-
2041		-511
2042		-00:32:55,379 ~-~-> 00:32:58,229
2043		-well. And that's my point. Every one of you that are
2044		-
2045		-512
2046		-00:32:58,229 ~-~-> 00:33:00,509
2047		-starting right now. That's where you should be. Living.
2048		-
2049		-513
2050		-00:33:00,779 ~-~-> 00:33:02,699
2051		-That's your neighborhood right now you're not trying to get
2052		-
2053		-514
2054		-00:33:02,699 ~-~-> 00:33:06,059
2055		-to the Beverly Hills, okay, you got to start somewhere. I
2056		-
2057		-515
2058		-00:33:06,059 ~-~-> 00:33:09,839
2059		-started somewhere small. And believe me, it did not take
2060		-
2061		-516
2062		-00:33:09,839 ~-~-> 00:33:13,289
2063		-long to get very good at this and to be able to find setups
2064		-
2065		-517
2066		-00:33:13,289 ~-~-> 00:33:18,479
2067		-consistently, very, very consistently. So we have one pair,
2068		-
2069		-518
2070		-00:33:19,679 ~-~-> 00:33:22,529
2071		-we're gonna put our institutional levels here. That's our
2072		-
2073		-519
2074		-00:33:22,529 ~-~-> 00:33:25,019
2075		-our support resistance ideas, our patterns, optimal trade
2076		-
2077		-520
2078		-00:33:25,019 ~-~-> 00:33:29,819
2079		-entry. What's our daily bias already taught you that what's
2080		-
2081		-521
2082		-00:33:29,819 ~-~-> 00:33:32,309
2083		-going on on a daily chart? Did it create a swing high or
2084		-
2085		-522
2086		-00:33:32,309 ~-~-> 00:33:34,679
2087		-swing low, if it's a swing low, we're going to continue to
2088		-
2089		-523
2090		-00:33:34,679 ~-~-> 00:33:37,319
2091		-look for the previous day's high to be taken out. If it's a
2092		-
2093		-524
2094		-00:33:37,319 ~-~-> 00:33:40,349
2095		-swing high. We're looking for the previous day's low to be
2096		-
2097		-525
2098		-00:33:40,349 ~-~-> 00:33:43,259
2099		-taken out. There's our bias. And you're going to wait for
2100		-
2101		-526
2102		-00:33:43,259 ~-~-> 00:33:45,809
2103		-these setups to occur at these institutional price levels.
2104		-
2105		-527
2106		-00:33:46,049 ~-~-> 00:33:50,129
2107		-Now what I just gave you will never ever, ever, ever, ever
2108		-
2109		-528
2110		-00:33:50,159 ~-~-> 00:33:53,369
2111		-stop working. Because if I ever felt that you never would
2112		-
2113		-529
2114		-00:33:53,369 ~-~-> 00:33:57,119
2115		-have met me I never would have taught it to you. This is how
2116		-
2117		-530
2118		-00:33:57,119 ~-~-> 00:34:01,319
2119		-the casino runs. The casino is tomorrow. They're not going
2120		-
2121		-531
2122		-00:34:01,319 ~-~-> 00:34:03,809
2123		-to change how they're doing it because Michael Huddleston
2124		-
2125		-532
2126		-00:34:03,809 ~-~-> 00:34:07,169
2127		-from Baltimore, Maryland, made some videos on YouTube. And I
2128		-
2129		-533
2130		-00:34:07,169 ~-~-> 00:34:10,289
2131		-don't care how many people subscribe to it. It's never going
2132		-
2133		-534
2134		-00:34:10,289 ~-~-> 00:34:14,219
2135		-to start working because there's always new suckers. The
2136		-
2137		-535
2138		-00:34:14,219 ~-~-> 00:34:19,589
2139		-market will always draw in a new pound of flesh. And I don't
2140		-
2141		-536
2142		-00:34:19,589 ~-~-> 00:34:21,959
2143		-care about trying to be right every single trading day.
2144		-
2145		-537
2146		-00:34:22,349 ~-~-> 00:34:27,179
2147		-That's not my concern. Yesterday, I had fiber dialed in, and
2148		-
2149		-538
2150		-00:34:27,179 ~-~-> 00:34:32,129
2151		-I did not trade it. Do I regret it? No. Am I gonna not be
2152		-
2153		-539
2154		-00:34:32,129 ~-~-> 00:34:35,069
2155		-able to eat because of it? No. Am I gonna lose sleep over
2156		-
2157		-540
2158		-00:34:35,069 ~-~-> 00:34:35,549
2159		-it? No.
2160		-
2161		-541
2162		-00:34:36,990 ~-~-> 00:34:40,620
2163		-I am indifferent to whether I take a trade or not take a
2164		-
2165		-542
2166		-00:34:40,620 ~-~-> 00:34:44,400
2167		-trade because I don't care anymore. I'm satisfied that I
2168		-
2169		-543
2170		-00:34:44,400 ~-~-> 00:34:47,310
2171		-know if I sit down. I'll find a setup. That's what you need
2172		-
2173		-544
2174		-00:34:47,310 ~-~-> 00:34:50,880
2175		-to graduate into. But you will not get that. If you go and
2176		-
2177		-545
2178		-00:34:50,880 ~-~-> 00:34:54,090
2179		-seeking a setup every single trading day because you're
2180		-
2181		-546
2182		-00:34:54,090 ~-~-> 00:34:58,800
2183		-teaching yourself to get stimulated and rewarded. The
2184		-
2185		-547
2186		-00:34:58,800 ~-~-> 00:35:02,400
2187		-problem is that reward won't come in a positive return. The
2188		-
2189		-548
2190		-00:35:02,400 ~-~-> 00:35:05,370
2191		-reward sometimes is going to be experienced always. But that
2192		-
2193		-549
2194		-00:35:05,370 ~-~-> 00:35:08,730
2195		-experience may be against what you thought would be, you
2196		-
2197		-550
2198		-00:35:08,730 ~-~-> 00:35:11,850
2199		-know where it's a loss. And that's learning. That's where
2200		-
2201		-551
2202		-00:35:11,850 ~-~-> 00:35:14,520
2203		-you grow. You're going to try to avoid that. And I'm going
2204		-
2205		-552
2206		-00:35:14,520 ~-~-> 00:35:18,090
2207		-to tell I'm telling you invite that to occur. You want that
2208		-
2209		-553
2210		-00:35:18,090 ~-~-> 00:35:20,910
2211		-to happen. That's why you're in a demo, you want to learn
2212		-
2213		-554
2214		-00:35:21,000 ~-~-> 00:35:25,080
2215		-how to absorb that tendency to be wrong, and see how quickly
2216		-
2217		-555
2218		-00:35:25,080 ~-~-> 00:35:28,230
2219		-it is to recover, recuperate and come back from that loss.
2220		-
2221		-556
2222		-00:35:28,350 ~-~-> 00:35:31,740
2223		-Because the next series of setups that will come I'm not
2224		-
2225		-557
2226		-00:35:31,740 ~-~-> 00:35:33,960
2227		-afraid of my setups failing I'm not afraid of my setups
2228		-
2229		-558
2230		-00:35:33,960 ~-~-> 00:35:37,140
2231		-never coming again, or the frequency the die off, they're
2232		-
2233		-559
2234		-00:35:37,140 ~-~-> 00:35:39,900
2235		-always going to be these setups will always be there in the
2236		-
2237		-560
2238		-00:35:39,900 ~-~-> 00:35:43,110
2239		-summertime, they're always there. In the shittiest times of
2240		-
2241		-561
2242		-00:35:43,110 ~-~-> 00:35:46,260
2243		-the marketplace, these are always there. Because there's
2244		-
2245		-562
2246		-00:35:46,290 ~-~-> 00:35:50,970
2247		-orders always stacked around these levels, just above, at or
2248		-
2249		-563
2250		-00:35:50,970 ~-~-> 00:35:55,950
2251		-just below in these big levels of 5020 and large double zero
2252		-
2253		-564
2254		-00:35:55,950 ~-~-> 00:35:59,610
2255		-levels, orders or movement, push price around orders by
2256		-
2257		-565
2258		-00:35:59,610 ~-~-> 00:36:03,330
2259		-largest institutions, insurance companies, larger banks,
2260		-
2261		-566
2262		-00:36:03,480 ~-~-> 00:36:05,760
2263		-okay, large corporations, like for instance, say, you know,
2264		-
2265		-567
2266		-00:36:05,760 ~-~-> 00:36:10,140
2267		-apple, they want to do business in China, they got it, they
2268		-
2269		-568
2270		-00:36:10,140 ~-~-> 00:36:13,200
2271		-got to make a transition from the dollar to the Chinese
2272		-
2273		-569
2274		-00:36:13,200 ~-~-> 00:36:16,860
2275		-currency. Well, that's forex. And that's what goes on that
2276		-
2277		-570
2278		-00:36:16,920 ~-~-> 00:36:22,440
2279		-there has to be an exchange that creates gyrations around
2280		-
2281		-571
2282		-00:36:22,440 ~-~-> 00:36:26,310
2283		-specific price levels. So if Apple puts in a request to
2284		-
2285		-572
2286		-00:36:27,270 ~-~-> 00:36:30,930
2287		-convert $2 billion worth of dollars into Chinese currency,
2288		-
2289		-573
2290		-00:36:30,930 ~-~-> 00:36:33,990
2291		-or you could be the British pound, they want to do business
2292		-
2293		-574
2294		-00:36:33,990 ~-~-> 00:36:39,810
2295		-in the UK even do something that is going to be a large
2296		-
2297		-575
2298		-00:36:40,170 ~-~-> 00:36:45,030
2299		-inflow of orders that a bank can use, and they'll take that
2300		-
2301		-576
2302		-00:36:45,150 ~-~-> 00:36:48,870
2303		-request that convert dollars into British pound or Chinese
2304		-
2305		-577
2306		-00:36:48,870 ~-~-> 00:36:50,700
2307		-currency or whatever it is that they're trying to do. I'm
2308		-
2309		-578
2310		-00:36:50,700 ~-~-> 00:36:54,060
2311		-just giving an example on a global commerce basis. They'll
2312		-
2313		-579
2314		-00:36:54,060 ~-~-> 00:36:56,970
2315		-use that and I'll frame it around one of these levels unless
2316		-
2317		-580
2318		-00:36:56,970 ~-~-> 00:37:00,810
2319		-the customer demands a specific range of what they're
2320		-
2321		-581
2322		-00:37:00,810 ~-~-> 00:37:04,320
2323		-willing to convert. And sometimes that curves and sometimes
2324		-
2325		-582
2326		-00:37:04,320 ~-~-> 00:37:07,530
2327		-it's not they want it done expediently, well, then it goes
2328		-
2329		-583
2330		-00:37:07,710 ~-~-> 00:37:11,640
2331		-in the favor of the bank that does the conversion. But I'm
2332		-
2333		-584
2334		-00:37:11,640 ~-~-> 00:37:13,950
2335		-not here to teach you all that stuff. It's not necessary.
2336		-
2337		-585
2338		-00:37:13,950 ~-~-> 00:37:16,440
2339		-But I'm just telling you, there's a Reimann reason why this
2340		-
2341		-586
2342		-00:37:16,440 ~-~-> 00:37:19,440
2343		-stuff works. It's not simply because it worked perfectly in
2344		-
2345		-587
2346		-00:37:19,440 ~-~-> 00:37:22,140
2347		-hindsight, and I showed you examples of it. I want you to
2348		-
2349		-588
2350		-00:37:22,140 ~-~-> 00:37:25,560
2351		-take this vignette today and prove to yourself, I'm already
2352		-
2353		-589
2354		-00:37:25,560 ~-~-> 00:37:28,110
2355		-convinced of it. Okay, you're not going to convince me of it
2356		-
2357		-590
2358		-00:37:28,350 ~-~-> 00:37:32,340
2359		-already know. But you as the student, you need to know that
2360		-
2361		-591
2362		-00:37:32,340 ~-~-> 00:37:35,250
2363		-there's no reason for you to rush, having these levels on
2364		-
2365		-592
2366		-00:37:35,250 ~-~-> 00:37:38,430
2367		-your chart, using the daily bias concept I've already taught
2368		-
2369		-593
2370		-00:37:38,430 ~-~-> 00:37:42,150
2371		-you. And also what the optimal trade entry pattern is the
2372		-
2373		-594
2374		-00:37:42,150 ~-~-> 00:37:44,340
2375		-Fibonacci I keep getting asked that question. What's these
2376		-
2377		-595
2378		-00:37:44,340 ~-~-> 00:37:47,310
2379		-levels? How do I get that on my fed, go into the optimal
2380		-
2381		-596
2382		-00:37:47,310 ~-~-> 00:37:49,680
2383		-trade entry primer video, it's on the YouTube channel, and
2384		-
2385		-597
2386		-00:37:49,680 ~-~-> 00:37:52,680
2387		-it'll teach you that whole business has set it off about
2388		-
2389		-598
2390		-00:37:52,710 ~-~-> 00:37:59,010
2391		-exactly how I have it here. Now. In future teachings, I'm
2392		-
2393		-599
2394		-00:37:59,010 ~-~-> 00:38:02,850
2395		-going to help you get To the point of knowing where your
2396		-
2397		-600
2398		-00:38:02,850 ~-~-> 00:38:06,600
2399		-target is, where your entry is, and how to use that in terms
2400		-
2401		-601
2402		-00:38:06,600 ~-~-> 00:38:09,240
2403		-of your money management. And I think that will really
2404		-
2405		-602
2406		-00:38:09,240 ~-~-> 00:38:12,480
2407		-summarize the whole thing in terms of the complete trading
2408		-
2409		-603
2410		-00:38:12,480 ~-~-> 00:38:16,230
2411		-patterns system and you won't need anything else. Now, I'm
2412		-
2413		-604
2414		-00:38:16,230 ~-~-> 00:38:19,080
2415		-encouraging you to study the tutorials that I've made over
2416		-
2417		-605
2418		-00:38:19,080 ~-~-> 00:38:22,950
2419		-the years. But you don't need to be at a feverish pace going
2420		-
2421		-606
2422		-00:38:22,950 ~-~-> 00:38:25,050
2423		-through them. I know you're all thinking that they're all
2424		-
2425		-607
2426		-00:38:25,050 ~-~-> 00:38:27,660
2427		-going to disappear again. But what I'm doing is I'm actually
2428		-
2429		-608
2430		-00:38:27,690 ~-~-> 00:38:31,830
2431		-going into them and removing certain songs. I'm removing
2432		-
2433		-609
2434		-00:38:31,830 ~-~-> 00:38:37,020
2435		-certain comments I made about a particular form that I
2436		-
2437		-610
2438		-00:38:37,020 ~-~-> 00:38:38,910
2439		-believe is toxic and it's not baby pips.
2440		-
2441		-611
2442		-00:38:40,530 ~-~-> 00:38:44,430
2443		-And I just want to keep the presentation as clean as I
2444		-
2445		-612
2446		-00:38:44,430 ~-~-> 00:38:47,580
2447		-possibly can. And I am monetizing them. I'm putting them on
2448		-
2449		-613
2450		-00:38:47,580 ~-~-> 00:38:51,090
2451		-my YouTube channel. So I'm also including certain things and
2452		-
2453		-614
2454		-00:38:51,090 ~-~-> 00:38:54,480
2455		-encouraging folks that if they see my videos being uploaded
2456		-
2457		-615
2458		-00:38:54,480 ~-~-> 00:38:57,780
2459		-by anyone else, I usually get flagged, and then someone else
2460		-
2461		-616
2462		-00:38:58,530 ~-~-> 00:39:03,240
2463		-will tell me or that I add in my videos, I pay for a service
2464		-
2465		-617
2466		-00:39:03,420 ~-~-> 00:39:06,090
2467		-that show me where my videos are being posted or re
2468		-
2469		-618
2470		-00:39:06,090 ~-~-> 00:39:10,170
2471		-uploaded, I get a lot of flags about Google drives, I get
2472		-
2473		-619
2474		-00:39:10,170 ~-~-> 00:39:12,180
2475		-that like, on a weekly basis, a lot of people have it in
2476		-
2477		-620
2478		-00:39:12,180 ~-~-> 00:39:16,410
2479		-their Google Drive. Sometimes, you know, I'll reach out and
2480		-
2481		-621
2482		-00:39:16,410 ~-~-> 00:39:18,810
2483		-try to touch them and say, looking at Can you not do that.
2484		-
2485		-622
2486		-00:39:18,840 ~-~-> 00:39:21,240
2487		-And some, most of them are all set to like private, where
2488		-
2489		-623
2490		-00:39:21,240 ~-~-> 00:39:24,480
2491		-people aren't publicly sharing it. But I, if I've created
2492		-
2493		-624
2494		-00:39:24,480 ~-~-> 00:39:28,140
2495		-the video, and I did all the work, okay, I should get the
2496		-
2497		-625
2498		-00:39:28,260 ~-~-> 00:39:31,020
2499		-perks of it. And the folks that tried to put my videos up in
2500		-
2501		-626
2502		-00:39:31,020 ~-~-> 00:39:34,020
2503		-the past, when YouTube they're trying to monetize it. And
2504		-
2505		-627
2506		-00:39:34,020 ~-~-> 00:39:36,210
2507		-they learned it by having songs in it wasn't able to
2508		-
2509		-628
2510		-00:39:36,210 ~-~-> 00:39:39,720
2511		-monetize it. So now I'm removing songs that allows me to
2512		-
2513		-629
2514		-00:39:39,720 ~-~-> 00:39:43,200
2515		-monetize my own work. But I don't want other people doing
2516		-
2517		-630
2518		-00:39:43,200 ~-~-> 00:39:45,510
2519		-that. And I'll come after those individuals and have them
2520		-
2521		-631
2522		-00:39:45,510 ~-~-> 00:39:48,390
2523		-take it down off of YouTube. So and plus it, like I said, I
2524		-
2525		-632
2526		-00:39:48,390 ~-~-> 00:39:52,140
2527		-pay for a service to do that. And for me to cover the cost
2528		-
2529		-633
2530		-00:39:52,140 ~-~-> 00:39:54,390
2531		-on that. The monetization, I could tell you right now, I'm
2532		-
2533		-634
2534		-00:39:54,390 ~-~-> 00:39:56,370
2535		-not making a lot of money on youtube off of these videos,
2536		-
2537		-635
2538		-00:39:56,370 ~-~-> 00:40:00,000
2539		-but it does help pay for costs of doing things like this.
2540		-
2541		-636
2542		-00:40:00,810 ~-~-> 00:40:04,590
2543		-doing live sessions and the resources that I'm going to make
2544		-
2545		-637
2546		-00:40:04,590 ~-~-> 00:40:07,890
2547		-available to you, all that stuff cost me money, I put about
2548		-
2549		-638
2550		-00:40:07,890 ~-~-> 00:40:12,210
2551		-$15,000 into all those previous teachings that you guys just
2552		-
2553		-639
2554		-00:40:12,210 ~-~-> 00:40:15,960
2555		-watch for free. And you don't really consider that when
2556		-
2557		-640
2558		-00:40:15,960 ~-~-> 00:40:18,690
2559		-you're looking at it. But for years, I paid a lot of money.
2560		-
2561		-641
2562		-00:40:19,290 ~-~-> 00:40:23,280
2563		-And I like teaching. But at some point, if I'm gonna
2564		-
2565		-642
2566		-00:40:23,280 ~-~-> 00:40:26,250
2567		-continue until I don't want to do this anymore, it's got to
2568		-
2569		-643
2570		-00:40:26,250 ~-~-> 00:40:32,550
2571		-be some kind of cost deferment on the basis that if you're
2572		-
2573		-644
2574		-00:40:32,550 ~-~-> 00:40:35,460
2575		-consuming it, and you find value in it, great, you know,
2576		-
2577		-645
2578		-00:40:35,460 ~-~-> 00:40:38,460
2579		-support the videos by watching YouTube. And you know, if you
2580		-
2581		-646
2582		-00:40:38,460 ~-~-> 00:40:40,410
2583		-have ad blocker on it, I'm not going to get any revenue off
2584		-
2585		-647
2586		-00:40:40,410 ~-~-> 00:40:44,730
2587		-of that. But if you if you have an ad blocker, I'm not going
2588		-
2589		-648
2590		-00:40:44,730 ~-~-> 00:40:46,770
2591		-to get that. But in my forum, I'm just letting you know,
2592		-
2593		-649
2594		-00:40:46,800 ~-~-> 00:40:49,770
2595		-it's a free forum. But there will be ads in that it's going
2596		-
2597		-650
2598		-00:40:49,770 ~-~-> 00:40:53,610
2599		-to be Google AdSense. So I'm not going to add subscriber
2600		-
2601		-651
2602		-00:40:53,610 ~-~-> 00:40:56,970
2603		-base membership to it. It'll all be ad supported. And my
2604		-
2605		-652
2606		-00:40:58,110 ~-~-> 00:41:03,120
2607		-assumptions are with about five hundred thousand views in my
2608		-
2609		-653
2610		-00:41:03,150 ~-~-> 00:41:09,060
2611		-regular mentorship group per month and only got 664 members
2612		-
2613		-654
2614		-00:41:09,060 ~-~-> 00:41:11,580
2615		-that have made all the way through, I get about half a
2616		-
2617		-655
2618		-00:41:11,580 ~-~-> 00:41:16,170
2619		-million views of traffic in my mentorship forum. So I know I
2620		-
2621		-656
2622		-00:41:16,170 ~-~-> 00:41:19,620
2623		-could probably get about two, two and a half million views.
2624		-
2625		-657
2626		-00:41:19,620 ~-~-> 00:41:22,740
2627		-That's my projection on my free membership forum. And
2628		-
2629		-658
2630		-00:41:22,740 ~-~-> 00:41:25,110
2631		-that'll support a lot of things. I don't have to charge you
2632		-
2633		-659
2634		-00:41:25,110 ~-~-> 00:41:28,410
2635		-anything. They'll support also the cost of me running my
2636		-
2637		-660
2638		-00:41:28,410 ~-~-> 00:41:30,720
2639		-mentorship forum as well because that costs money as well.
2640		-
2641		-661
2642		-00:41:31,080 ~-~-> 00:41:36,240
2643		-So I'm being completely transparent as best I can. That way
2644		-
2645		-662
2646		-00:41:36,240 ~-~-> 00:41:39,540
2647		-I hopefully can avoid a lot of the stupid stuff that comes
2648		-
2649		-663
2650		-00:41:39,540 ~-~-> 00:41:43,260
2651		-by way of Twitter and email. But you've been given a really
2652		-
2653		-664
2654		-00:41:43,260 ~-~-> 00:41:46,380
2655		-good foundation today in terms of what levels you're looking
2656		-
2657		-665
2658		-00:41:46,380 ~-~-> 00:41:50,190
2659		-for, why you're looking for them, where the setups, how the
2660		-
2661		-666
2662		-00:41:50,190 ~-~-> 00:41:52,590
2663		-setup looks sometimes around that level, and I given you
2664		-
2665		-667
2666		-00:41:52,590 ~-~-> 00:41:55,530
2667		-just a small sampling here, your homework has to go through
2668		-
2669		-668
2670		-00:41:55,560 ~-~-> 00:42:00,000
2671		-your particular pair and I encourage you to not use your
2672		-
2673		-669
2674		-00:42:00,000 ~-~-> 00:42:03,330
2675		-Dollar, because I did it and I don't want you mimicking me
2676		-
2677		-670
2678		-00:42:03,870 ~-~-> 00:42:06,420
2679		-think independently, you might want to do something else
2680		-
2681		-671
2682		-00:42:06,420 ~-~-> 00:42:10,170
2683		-like the Aussie dollar or Kiwi dollar. Pick one, it could be
2684		-
2685		-672
2686		-00:42:10,170 ~-~-> 00:42:13,920
2687		-the the beast. Okay, pound yen, it still works there too.
2688		-
2689		-673
2690		-00:42:15,210 ~-~-> 00:42:18,120
2691		-But wait for one of these levels to be traded to, and then
2692		-
2693		-674
2694		-00:42:18,120 ~-~-> 00:42:19,770
2695		-wait for that daily bias
2696		-
2697		-675
2698		-00:42:20,700 ~-~-> 00:42:24,660
2699		-to come in and then target daily highs and daily lows for
2700		-
2701		-676
2702		-00:42:24,690 ~-~-> 00:42:27,570
2703		-runs on liquidity. And you have a complete system. The only
2704		-
2705		-677
2706		-00:42:27,570 ~-~-> 00:42:30,120
2707		-thing you're missing right now and lacking is what you do
2708		-
2709		-678
2710		-00:42:30,120 ~-~-> 00:42:32,280
2711		-with your account. How much of your risk, where's your stop
2712		-
2713		-679
2714		-00:42:32,280 ~-~-> 00:42:35,430
2715		-loss? And the question I'm getting now is how much do I take
2716		-
2717		-680
2718		-00:42:35,430 ~-~-> 00:42:38,250
2719		-off at these targets? And that's going to be completely up
2720		-
2721		-681
2722		-00:42:38,250 ~-~-> 00:42:41,610
2723		-to you. I don't ever give that in my mentorship and believe
2724		-
2725		-682
2726		-00:42:41,610 ~-~-> 00:42:45,450
2727		-me if they were all invited to answer this on Twitter, they
2728		-
2729		-683
2730		-00:42:45,450 ~-~-> 00:42:48,450
2731		-would all tell you, I tell them the same thing and they paid
2732		-
2733		-684
2734		-00:42:48,450 ~-~-> 00:42:52,230
2735		-for this insight at these levels in here. It's completely up
2736		-
2737		-685
2738		-00:42:52,230 ~-~-> 00:42:56,220
2739		-to you because it's your trade. A mine is never the same way
2740		-
2741		-686
2742		-00:42:56,220 ~-~-> 00:42:59,310
2743		-always. I don't always say I'm gonna take 30% off here and
2744		-
2745		-687
2746		-00:42:59,310 ~-~-> 00:43:03,780
2747		-50% here. I just go by what I see in the chart. And if I
2748		-
2749		-688
2750		-00:43:03,780 ~-~-> 00:43:06,720
2751		-feel that the continuation is most likely going to occur,
2752		-
2753		-689
2754		-00:43:07,230 ~-~-> 00:43:10,830
2755		-then I will leave a larger portion on. If I am in doubt
2756		-
2757		-690
2758		-00:43:10,830 ~-~-> 00:43:14,010
2759		-about the continuation to the next target to or symmetrical
2760		-
2761		-691
2762		-00:43:14,010 ~-~-> 00:43:17,880
2763		-price swing, then I'll take a larger degree at first profit,
2764		-
2765		-692
2766		-00:43:18,090 ~-~-> 00:43:20,640
2767		-and then leave a smaller portion and then I'll split that in
2768		-
2769		-693
2770		-00:43:20,640 ~-~-> 00:43:25,560
2771		-half at the next logical level. As you see in my examples, I
2772		-
2773		-694
2774		-00:43:25,560 ~-~-> 00:43:28,950
2775		-very rarely have a large position on at the end of the
2776		-
2777		-695
2778		-00:43:28,950 ~-~-> 00:43:31,710
2779		-trade. And I'm never really holding to the last point and
2780		-
2781		-696
2782		-00:43:31,710 ~-~-> 00:43:35,190
2783		-that's my final point in this if you know that this is
2784		-
2785		-697
2786		-00:43:35,190 ~-~-> 00:43:39,300
2787		-likely the high. Okay, and I'll give you tools that will
2788		-
2789		-698
2790		-00:43:39,300 ~-~-> 00:43:42,990
2791		-help you do that in the tutorials. If this is your objective
2792		-
2793		-699
2794		-00:43:42,990 ~-~-> 00:43:47,550
2795		-on a daily Hi, my personal conviction over the last two
2796		-
2797		-700
2798		-00:43:47,550 ~-~-> 00:43:51,960
2799		-decades and trading is what I gleaned from my mentor Larry
2800		-
2801		-701
2802		-00:43:51,960 ~-~-> 00:43:54,000
2803		-Williams. Now he didn't sit down with me on a day by day
2804		-
2805		-702
2806		-00:43:54,000 ~-~-> 00:43:57,210
2807		-basis. I'd never met him. I never shook his hand. But I
2808		-
2809		-703
2810		-00:43:57,210 ~-~-> 00:43:59,490
2811		-researched everything about everything the man ever did.
2812		-
2813		-704
2814		-00:43:59,640 ~-~-> 00:44:02,760
2815		-Okay. Just like my students say they hear my voice in their
2816		-
2817		-705
2818		-00:44:02,760 ~-~-> 00:44:05,370
2819		-head, I still hear Larry's voice in mind. And sometimes I'm
2820		-
2821		-706
2822		-00:44:05,370 ~-~-> 00:44:07,410
2823		-telling him to shut up because some of the things he taught,
2824		-
2825		-707
2826		-00:44:08,130 ~-~-> 00:44:11,430
2827		-I don't subscribe to. I evolved beyond and I want you to
2828		-
2829		-708
2830		-00:44:11,430 ~-~-> 00:44:14,730
2831		-have that same benefit. Don't take everything I say as
2832		-
2833		-709
2834		-00:44:14,730 ~-~-> 00:44:18,900
2835		-gospel, let it be a challenge to you and dig deeper. But if
2836		-
2837		-710
2838		-00:44:18,900 ~-~-> 00:44:21,240
2839		-I do say stay away from indicators, trust when I tell you,
2840		-
2841		-711
2842		-00:44:21,270 ~-~-> 00:44:22,350
2843		-that's the best thing you can do.
2844		-
2845		-712
2846		-00:44:24,060 ~-~-> 00:44:26,400
2847		-I learned from Larry Williams if he knows he has a target
2848		-
2849		-713
2850		-00:44:26,550 ~-~-> 00:44:30,000
2851		-he's looking for. Okay. His is basically a profitable
2852		-
2853		-714
2854		-00:44:30,030 ~-~-> 00:44:33,690
2855		-clothes. In other words, if he's in long, the daily clothes,
2856		-
2857		-715
2858		-00:44:33,690 ~-~-> 00:44:37,530
2859		-he's trying to hold on for that. If he gets out before that,
2860		-
2861		-716
2862		-00:44:38,100 ~-~-> 00:44:43,440
2863		-but not at the close. He's doing you know, the best service
2864		-
2865		-717
2866		-00:44:43,440 ~-~-> 00:44:46,260
2867		-he can provide for himself. Because it may not get to that
2868		-
2869		-718
2870		-00:44:46,260 ~-~-> 00:44:50,910
2871		-level. I may not see 116 55 they might go to 116 54 and my
2872		-
2873		-719
2874		-00:44:50,910 ~-~-> 00:44:56,160
2875		-limit was at 60 1655 I've had to happen to me. So what I do
2876		-
2877		-720
2878		-00:44:56,160 ~-~-> 00:45:01,470
2879		-is I go 1015 sometimes 20 pips early And I get out there.
2880		-
2881		-721
2882		-00:45:01,770 ~-~-> 00:45:04,050
2883		-Why? Because I want to make sure I'm getting out at a
2884		-
2885		-722
2886		-00:45:04,050 ~-~-> 00:45:06,840
2887		-logical level, price is moving in my favor. And I don't care
2888		-
2889		-723
2890		-00:45:06,840 ~-~-> 00:45:10,800
2891		-about looking smart. I want to make sure that my homes are
2892		-
2893		-724
2894		-00:45:10,800 ~-~-> 00:45:14,370
2895		-paid for my insurance on my vehicles, all the things that I
2896		-
2897		-725
2898		-00:45:14,370 ~-~-> 00:45:18,210
2899		-do on a day by day basis, it's going to be supported. And
2900		-
2901		-726
2902		-00:45:18,210 ~-~-> 00:45:21,750
2903		-I'm never going to have to go down in my network, it's
2904		-
2905		-727
2906		-00:45:21,750 ~-~-> 00:45:23,910
2907		-always going to be increasing, doesn't mean I'm not taking
2908		-
2909		-728
2910		-00:45:23,910 ~-~-> 00:45:27,810
2911		-losses. It just means that in my business model, I want me
2912		-
2913		-729
2914		-00:45:28,230 ~-~-> 00:45:33,690
2915		-focusing on profitability, not perfect, not precision entry
2916		-
2917		-730
2918		-00:45:33,690 ~-~-> 00:45:36,810
2919		-exits always. The point is if you know this is the entry
2920		-
2921		-731
2922		-00:45:36,810 ~-~-> 00:45:40,650
2923		-down here, or this is down here, I'm sorry, here. And this
2924		-
2925		-732
2926		-00:45:40,650 ~-~-> 00:45:43,980
2927		-is where the logical target is getting out before that
2928		-
2929		-733
2930		-00:45:44,010 ~-~-> 00:45:47,190
2931		-there's nothing wrong with that. The folks that will say
2932		-
2933		-734
2934		-00:45:47,280 ~-~-> 00:45:49,200
2935		-that stupid, that's your target should hold on to it.
2936		-
2937		-735
2938		-00:45:49,800 ~-~-> 00:45:55,440
2939		-They're not profitable. They're holding on to absolutes and
2940		-
2941		-736
2942		-00:45:55,440 ~-~-> 00:46:00,990
2943		-absolutes don't pay. Now, analysis and exit are two
2944		-
2945		-737
2946		-00:46:00,990 ~-~-> 00:46:04,650
2947		-different entirely thing two different things. I use my
2948		-
2949		-738
2950		-00:46:04,650 ~-~-> 00:46:07,020
2951		-analysis to give me the rough idea of where I should be
2952		-
2953		-739
2954		-00:46:07,020 ~-~-> 00:46:10,110
2955		-getting out at the best case scenario. And what I make is an
2956		-
2957		-740
2958		-00:46:10,140 ~-~-> 00:46:13,350
2959		-exit is earlier than that. And I'll let the guys that want
2960		-
2961		-741
2962		-00:46:13,350 ~-~-> 00:46:16,470
2963		-to be hot shots, try to hold on for those last bits, I get
2964		-
2965		-742
2966		-00:46:16,470 ~-~-> 00:46:20,160
2967		-the accolades in high fives by knowing in advance and
2968		-
2969		-743
2970		-00:46:20,160 ~-~-> 00:46:22,830
2971		-showing you the levels beforehand. And the traders that are
2972		-
2973		-744
2974		-00:46:22,830 ~-~-> 00:46:26,130
2975		-new, they see this and they go crazy. Oh, he's getting out
2976		-
2977		-745
2978		-00:46:26,130 ~-~-> 00:46:29,670
2979		-too high. No, I'm not. I'm absolutely not doing that. And I
2980		-
2981		-746
2982		-00:46:29,670 ~-~-> 00:46:32,490
2983		-don't have my full position on there either. I have paid
2984		-
2985		-747
2986		-00:46:32,490 ~-~-> 00:46:34,350
2987		-myself throughout the way and I didn't take this trail and
2988		-
2989		-748
2990		-00:46:34,350 ~-~-> 00:46:39,000
2991		-saying, from a conceptual standpoint, I pay myself for the
2992		-
2993		-749
2994		-00:46:39,000 ~-~-> 00:46:42,090
2995		-time I've invested in the risk. Now there's going to be
2996		-
2997		-750
2998		-00:46:42,090 ~-~-> 00:46:45,300
2999		-people that say, well see that's stupid, because risk reward
3000		-
3001		-751
3002		-00:46:45,300 ~-~-> 00:46:47,790
3003		-says that you had the most maximum risk on at the beginning
3004		-
3005		-752
3006		-00:46:47,790 ~-~-> 00:46:50,850
3007		-of the trade and you're taking off. I'm yeah, I'm taking
3008		-
3009		-753
3010		-00:46:50,850 ~-~-> 00:46:52,740
3011		-money out of the marketplace. Hello. That's what you're
3012		-
3013		-754
3014		-00:46:52,740 ~-~-> 00:46:55,710
3015		-doing this for. I'm managing risk because I'm reducing the
3016		-
3017		-755
3018		-00:46:55,710 ~-~-> 00:47:00,000
3019		-risk as I stay longer in the trade. Okay, and I'm satisfying
3020		-
3021		-756
3022		-00:47:00,000 ~-~-> 00:47:04,410
3023		-that urge to be a male conqueror, the caveman mentality
3024		-
3025		-757
3026		-00:47:04,410 ~-~-> 00:47:07,890
3027		-that's in men that we're hardwired to feel that I still am
3028		-
3029		-758
3030		-00:47:07,890 ~-~-> 00:47:11,730
3031		-satisfied with that because I have something small one, or
3032		-
3033		-759
3034		-00:47:12,060 ~-~-> 00:47:15,750
3035		-I've already noted that hi in advance, so that satisfies me
3036		-
3037		-760
3038		-00:47:15,750 ~-~-> 00:47:18,270
3039		-and ego. And you're always going to as a male, you're going
3040		-
3041		-761
3042		-00:47:18,270 ~-~-> 00:47:20,340
3043		-to have you don't care who you are, you're going to expect
3044		-
3045		-762
3046		-00:47:20,340 ~-~-> 00:47:23,430
3047		-if you get good at this, it just happens. I was not an
3048		-
3049		-763
3050		-00:47:23,430 ~-~-> 00:47:25,740
3051		-egotistical maniac. When I first started this, I was very,
3052		-
3053		-764
3054		-00:47:25,740 ~-~-> 00:47:30,360
3055		-very quiet, docile, very rarely said anything blue collar.
3056		-
3057		-765
3058		-00:47:30,540 ~-~-> 00:47:34,530
3059		-And I was Mr. Nice Guy. And when you start making $17,000 a
3060		-
3061		-766
3062		-00:47:34,530 ~-~-> 00:47:37,380
3063		-week, that stuff changes real quick, and you think your shit
3064		-
3065		-767
3066		-00:47:37,380 ~-~-> 00:47:39,480
3067		-doesn't stink, and you're better than everybody else. And
3068		-
3069		-768
3070		-00:47:39,480 ~-~-> 00:47:42,570
3071		-it's an ugly trait, but it's something that people go
3072		-
3073		-769
3074		-00:47:42,570 ~-~-> 00:47:45,060
3075		-through. And unless somebody smacked you down, and for me,
3076		-
3077		-770
3078		-00:47:45,120 ~-~-> 00:47:48,960
3079		-it was God. He put the Godsmack on me and humbled me and it
3080		-
3081		-771
3082		-00:47:48,960 ~-~-> 00:47:50,790
3083		-doesn't probably sound like I'm been humbled, but believe
3084		-
3085		-772
3086		-00:47:50,790 ~-~-> 00:47:55,620
3087		-me, I do a lot of character ization and just, I try to be
3088		-
3089		-773
3090		-00:47:55,620 ~-~-> 00:47:58,350
3091		-entertaining when I'm online. Sometimes it doesn't. It
3092		-
3093		-774
3094		-00:47:58,350 ~-~-> 00:48:02,310
3095		-doesn't deliver well. Sometimes it does. But I do those
3096		-
3097		-775
3098		-00:48:02,310 ~-~-> 00:48:06,300
3099		-things, to try to satisfy those little percolation in my
3100		-
3101		-776
3102		-00:48:06,300 ~-~-> 00:48:10,230
3103		-ego. I have to wrestle with that every single day because
3104		-
3105		-777
3106		-00:48:10,230 ~-~-> 00:48:16,170
3107		-what I do is so good. It's hard not to be egotistical, it's
3108		-
3109		-778
3110		-00:48:16,170 ~-~-> 00:48:19,470
3111		-hard not to be arrogant. It takes a great deal of effort not
3112		-
3113		-779
3114		-00:48:19,470 ~-~-> 00:48:22,080
3115		-to do those types of things. So for the young guys, in
3116		-
3117		-780
3118		-00:48:22,080 ~-~-> 00:48:27,030
3119		-closing, as you learn this stuff, do not take this as an
3120		-
3121		-781
3122		-00:48:27,030 ~-~-> 00:48:32,070
3123		-invitation to go on social media, Facebook, Instagram, and
3124		-
3125		-782
3126		-00:48:32,070 ~-~-> 00:48:34,860
3127		-become the next forex baller.
3128		-
3129		-783
3130		-00:48:36,360 ~-~-> 00:48:38,910
3131		-Believe me, it doesn't deliver, like you think it will,
3132		-
3133		-784
3134		-00:48:39,150 ~-~-> 00:48:42,690
3135		-you're not going to deliver a message that people are gonna
3136		-
3137		-785
3138		-00:48:42,690 ~-~-> 00:48:44,580
3139		-fall in love with. They're gonna say, Oh, this guy's a jerk,
3140		-
3141		-786
3142		-00:48:44,670 ~-~-> 00:48:47,700
3143		-you know? Or he's fake this, he's arrogant. You know, you're
3144		-
3145		-787
3146		-00:48:47,700 ~-~-> 00:48:49,380
3147		-over the top. So therefore, you can't you can't be
3148		-
3149		-788
3150		-00:48:49,380 ~-~-> 00:48:51,450
3151		-profitable. And you got to spend so much time trying to
3152		-
3153		-789
3154		-00:48:51,450 ~-~-> 00:48:54,360
3155		-convince him prove that you're just gonna waste your time
3156		-
3157		-790
3158		-00:48:54,390 ~-~-> 00:48:56,340
3159		-and it's not going to give you what you expected in terms of
3160		-
3161		-791
3162		-00:48:56,610 ~-~-> 00:48:59,970
3163		-response. So don't even waste your time with it. Who cares?
3164		-
3165		-792
3166		-00:49:00,000 ~-~-> 00:49:02,070
3167		-If they don't believe you're making money, because I don't
3168		-
3169		-793
3170		-00:49:02,070 ~-~-> 00:49:04,590
3171		-care who's making you whoever doesn't believe that this
3172		-
3173		-794
3174		-00:49:04,590 ~-~-> 00:49:07,170
3175		-stuff works, but I'm not profitable, or I don't really trade
3176		-
3177		-795
3178		-00:49:07,170 ~-~-> 00:49:11,280
3179		-or I'm delivering pizzas for Domino's, and, you know, 1992
3180		-
3181		-796
3182		-00:49:11,310 ~-~-> 00:49:14,940
3183		-Ford Mustang with a rusted out trunk. I don't know where
3184		-
3185		-797
3186		-00:49:14,940 ~-~-> 00:49:16,950
3187		-that came from, but long and short is I don't care what
3188		-
3189		-798
3190		-00:49:16,950 ~-~-> 00:49:20,640
3191		-people believe about me. I only care about the folks that
3192		-
3193		-799
3194		-00:49:20,640 ~-~-> 00:49:23,730
3195		-put the time into learning what I'm teaching. And believe
3196		-
3197		-800
3198		-00:49:23,730 ~-~-> 00:49:27,180
3199		-me, if you do these things, you will see your time has not
3200		-
3201		-801
3202		-00:49:27,180 ~-~-> 00:49:32,580
3203		-been wasted. And it's consistency, its framework exactly
3204		-
3205		-802
3206		-00:49:32,580 ~-~-> 00:49:35,580
3207		-what you're looking for. But I give it in small pieces,
3208		-
3209		-803
3210		-00:49:35,880 ~-~-> 00:49:38,910
3211		-because it's required to learn that way. If I gave you all
3212		-
3213		-804
3214		-00:49:38,910 ~-~-> 00:49:41,490
3215		-one presentation, this is what you do. You're not going to
3216		-
3217		-805
3218		-00:49:41,490 ~-~-> 00:49:43,590
3219		-do what you're supposed to be doing because I want you to
3220		-
3221		-806
3222		-00:49:43,590 ~-~-> 00:49:47,040
3223		-focus on small segments of price action and components of
3224		-
3225		-807
3226		-00:49:47,040 ~-~-> 00:49:49,860
3227		-it. And you'll be quickly convinced that each individual
3228		-
3229		-808
3230		-00:49:49,860 ~-~-> 00:49:53,220
3231		-component has validity it has substance behind it, and when
3232		-
3233		-809
3234		-00:49:53,220 ~-~-> 00:49:56,400
3235		-you put everything together, you get Blue Ribbon results. So
3236		-
3237		-810
3238		-00:49:56,400 ~-~-> 00:49:58,380
3239		-hopefully you found this insightful until next time, I wish
3240		-
3241		-811
3242		-00:49:58,380 ~-~-> 00:49:59,640
3243		-you good luck and good trading.