1 | 00:00:32,250 --> 00:00:42,900 | ICT: Alright, folks, welcome back in this volume for a continuing series of five parts on the inner circle trader, market maker series, I want to teach you time |
2 | 00:00:42,900 --> 00:00:43,800 | and price theory |
3 | 00:00:48,870 --> 00:01:00,720 | keeping in sync with our present market conditions and what has transpired this weekend pound dollar, no better way to learn how to do something and apply it to |
4 | 00:01:00,720 --> 00:01:12,840 | a chart that's actually trading and you watch it unfold this week. We have the hourly chart here on British Pound versus US dollar. And with all the things |
5 | 00:01:13,500 --> 00:01:21,810 | that were mentioned, covered in the previous volumes of this series, if you haven't watched obviously, part one, two and three of this series, then you |
6 | 00:01:21,810 --> 00:01:33,450 | should not be watching this video yet, because it's kind of a requirement before you get to this. But the backdrop behind it is we've had s&p divergence down |
7 | 00:01:33,450 --> 00:01:44,400 | here, we've cleared out daily sell stops. So we've accumulated, we have a market maker by model underway. And if that's what you're expecting, and your analysis |
8 | 00:01:44,400 --> 00:01:53,340 | leads to a run above these relative equal highs and above the original consolidation here in the market maker by model, let's incorporate the elements |
9 | 00:01:53,340 --> 00:02:07,380 | of time and price. So I have the daily dividers on and how I did this cut in case you're wondering if you're new, all I did was create a vertical line and |
10 | 00:02:07,380 --> 00:02:19,770 | dropped it on the 00 level. On the time axis down here, that's going to be midnight, New York time, if you have your time, it's important that you have |
11 | 00:02:19,770 --> 00:02:31,020 | your chart set to New York level time. That'll make understanding what I teach. Easy to follow along because your charts will look like mine. And also you'll be |
12 | 00:02:31,020 --> 00:02:43,470 | looking at it through the lens of the algorithm. So New York, midnight time is the money each day. So we're looking at obviously today's trading and Friday. |
13 | 00:02:45,450 --> 00:02:55,350 | Thursday's trading Wednesday's trading Tuesday. And then finally, Monday's trading of this week. Now when you're looking at this, go back and look at your |
14 | 00:02:55,350 --> 00:03:11,220 | notes. And we've outlined how this week of trading July 26 2021 to July 30 2021, was bullish for pound dollar, I made the case for why it was bullish pointing to |
15 | 00:03:11,220 --> 00:03:24,480 | where it was going to go how it was going to trade there. And we have it here now, in hindsight. So if you look at each individual day, as 1/5 of the weekly |
16 | 00:03:24,480 --> 00:03:35,910 | range, each of these days have specific characteristics that are repeating in nature. Now they're not always exactly the same each week. But what I'm going to |
17 | 00:03:35,910 --> 00:03:46,170 | teach you here I've covered in other lessons in this YouTube channel. But for continuity sake and kind of bring everything that you should have collected |
18 | 00:03:46,170 --> 00:03:57,780 | along your journey through all my videos here. We're looking at the delivery of the weekly range. And if we're bullish, the expectation is that there's a 70% |
19 | 00:03:57,810 --> 00:04:10,320 | chance that the low of the week is going to form on Monday, Tuesday or by Wednesday's New York session. Now right away, you're probably thinking oh, |
20 | 00:04:10,320 --> 00:04:22,620 | that's that's a pretty wide envelope of time, you got a lot of ways to get it wrong. Well consider what we have here. We have Monday's trading. We already in |
21 | 00:04:22,620 --> 00:04:32,820 | a consolidation and we left the consolidation. So is it likely to come back down and go below this low here when it's already taken out a low there. Remember |
22 | 00:04:32,820 --> 00:04:44,610 | what I've taught you so far in this series, before price movements that are directionally driven? Typically, opposing stop losses will be taken and then |
23 | 00:04:44,610 --> 00:04:54,780 | price will be allowed to deliver in your expected direction. In layman's terms, if you're bullish, look for swing lows to get traded below, and then it starts |
24 | 00:04:54,780 --> 00:05:07,290 | to move higher. Short term low trades below then it starts to trade higher. Okay? Each day of this week, was predominantly bullish until we get to Friday. |
25 | 00:05:07,590 --> 00:05:19,110 | Obviously that ends the week. So if we look at a open High, Low close perspective of the week, we see the weak opening here. Smaller movement lower |
26 | 00:05:19,140 --> 00:05:27,480 | greeting the low the week on Monday, a retracement and a buying afternoon on Tuesday, a retracement and buying opportunity on Wednesday. And then Thursday, |
27 | 00:05:27,510 --> 00:05:37,080 | creating a short term high that week. And then Friday, we went just above the Thursday high but not by much. And then we traded off the high. And we're |
28 | 00:05:37,080 --> 00:05:42,840 | probably going to close anywhere between 139 20 and 139. Big figure. Okay. So |
29 | 00:05:44,190 --> 00:05:54,270 | going back to what I mentioned here, and what I've taught in other lessons on this YouTube channel, is that we want to be buying on Monday, Tuesday. And at |
30 | 00:05:54,270 --> 00:06:02,520 | the best case scenario, if we've missed buying opportunities on Monday and Tuesday, we want to try to buy on Wednesday in the New York session. Okay, but |
31 | 00:06:03,210 --> 00:06:13,050 | we'll talk more about other things that were factors this week as we go into the series in Part Five. But for now, I want to bring in the opening price each day, |
32 | 00:06:13,920 --> 00:06:23,190 | here at midnight. So we have this opening price here extended out in time, how far is is going out, it's just showing till 10am, you can take it out till 11am, |
33 | 00:06:23,190 --> 00:06:35,910 | which basically is the heart of London close. So the idea is if you're bullish, you want to be buying at or below or very close to the opening price. Each day, |
34 | 00:06:36,600 --> 00:06:48,570 | we see a trade below the opening price and rallies up day here, opens and trades down authored London, and then rallies higher on the day. Opening price here, we |
35 | 00:06:48,570 --> 00:06:58,710 | initially start to go higher, but then we trade down below it. And then we have another whipsaw below the low here on FOMC. And then trades higher. And then on |
36 | 00:06:59,400 --> 00:07:07,470 | Thursday, we're not incorporating the opening price on Thursday, and this is for your notes and make sure you write this down. We're only looking for the |
37 | 00:07:07,470 --> 00:07:20,550 | influence of the opening price and buying below it are added in a bullish expected week. On Monday, Tuesday, Wednesday, Thursday, and Friday, they tend to |
38 | 00:07:20,550 --> 00:07:30,660 | create the opposite end of the weekly range. Okay, so try not to be looking to be a buyer on Thursday, try not to be a buyer on Friday, with the weekly range |
39 | 00:07:30,660 --> 00:07:39,750 | expectation. If you do that, you're going to miss trades, yes. But by far and large, you're going to protect yourself by avoiding being a buyer in a move |
40 | 00:07:39,780 --> 00:07:46,680 | market move, it's already been moving. Okay. Obviously, there's gonna be days where it just continues on Thursday. And then Friday really explodes even |
41 | 00:07:46,680 --> 00:07:57,480 | higher. I've seen that happen among trading, I've missed pretty big moves on Friday. But I generally keep a small piece on as I illustrated this week with |
42 | 00:07:57,510 --> 00:08:07,020 | trading the FOMC day. So I bought on this day I bought on this day here. And I recorded and shared the FOMC trade and put it on my telegram channel, you can |
43 | 00:08:07,020 --> 00:08:21,000 | see that and left a small piece on it got me out at 139 50 on the limit. So you can design this any way you want, you can create a model where you get in on a |
44 | 00:08:21,000 --> 00:08:30,990 | Tuesday, after you've seen Monday, prove that it's wanting to go higher, and then trades down below some short term low picks up the stops. And we have |
45 | 00:08:30,990 --> 00:08:40,380 | optimal trade entry here. And you'll be a buyer there and basically allow money to trade without you. Or if you're hardcore. And you're in consolidation like |
46 | 00:08:40,380 --> 00:08:47,190 | this and you think you are in a move Where is your any start to go higher rate from Monday's beginning of trading, then obviously you can put a small little |
47 | 00:08:47,190 --> 00:08:55,950 | position on there. And then consider maybe taking a larger position once you have a better confirmation of the weekly range unfolding to the upside, and a |
48 | 00:08:55,950 --> 00:09:04,440 | retracement down as a new student or a new trader when you see a day like this. And most of you probably have one in five minute charts up on your chart. You |
49 | 00:09:04,440 --> 00:09:12,960 | see this decline like it's heartstopping especially if you don't have any experience you're thinking there's no way I could be a buyer that well, we have |
50 | 00:09:12,960 --> 00:09:21,390 | relatively equal highs. The bottom line is is it's going down to pick up the sell stops. flood the market with sell stops allowing smart money to buy those |
51 | 00:09:21,390 --> 00:09:36,210 | sell stops. And then it takes off and goes higher each day or this week. Between Monday and Wednesday is offered a buying opportunity to get us above our target |
52 | 00:09:36,540 --> 00:09:49,440 | that was established with a weekly range was trading above here for the buy stops. So let's strip this down and go to the closer so we're zoomed in on an |
53 | 00:09:49,470 --> 00:10:02,370 | hourly chart you can see here is Monday's trading. Tuesday's trading sweeping below that short term low there and rallying And we dropped down here on FOMC. |
54 | 00:10:02,370 --> 00:10:13,500 | Wednesday, it starts to come down and give us a buying opportunity here. But then on FOMC, two o'clock in the afternoon in New York time, the market whips |
55 | 00:10:13,500 --> 00:10:21,930 | down knocking out traders that would have already trailed their stop loss rate below that low, it gets tagged, and then it runs aggressively higher above that |
56 | 00:10:22,080 --> 00:10:30,540 | original consolidation, which is that red line here. So above that red line is our buy stop. So we're aiming for that start teaching you about in earlier parts |
57 | 00:10:30,540 --> 00:10:33,300 | of this series, in the earlier portion of the week. |
58 | 00:10:34,860 --> 00:10:45,390 | That ultimately, we trade, creating a short term high on Thursday, slightly higher on Friday, and then profit taking model kicks in and can see it returning |
59 | 00:10:45,390 --> 00:10:58,800 | back to that original consolidation. Study the relationship of the opening price at midnight in New York time, and how buying below that opening price is ideal. |
60 | 00:10:59,520 --> 00:11:06,270 | This is where Smart Money accumulates Long's This is where Smart Money accumulates Long's and this is where Smart Money accumulates long as they |
61 | 00:11:06,270 --> 00:11:16,260 | distribute their Long's on Thursday, and Friday offers higher prices. And then you expect price to come off that and trade back down into the range, which is |
62 | 00:11:16,260 --> 00:11:30,210 | the highest high formed intra week to the low. And we're seeing that here. Now if you look at it on a 15 minute timeframe, I'm going to incorporate day of week |
63 | 00:11:30,240 --> 00:11:44,310 | and time of day. Here's the opening price. At midnight, the market trades down creating the low in London rallies comes back down in for optimal trade entry. |
64 | 00:11:44,760 --> 00:11:51,210 | If you don't want optimal trade entry is there is lots of videos on this YouTube channel. And you can study and find out that is it's really simple pattern |
65 | 00:11:51,480 --> 00:12:00,030 | repeats all the time. So it creates you have to treat and treat right there, you can be a buyer there and then trades back down again, we have a short term low |
66 | 00:12:00,030 --> 00:12:14,010 | here, and a short term low here. And this low is during New York open. So short term low here to high down in and taking out a short term low. what's occurring |
67 | 00:12:14,640 --> 00:12:25,410 | there taking out short term stops right below here, and optimal trade entry rallies in New York and continues higher. The next day, market trades back down |
68 | 00:12:25,410 --> 00:12:34,260 | into the range that was established in the previous day. This right here is the reason why most of the time I'm leaving Monday's trading to everyone else. |
69 | 00:12:34,860 --> 00:12:45,810 | Because if I establish along here, and it starts to rally up, I may make the mistake of drawing my stop loss up to here. And then he take it on Tuesday. And |
70 | 00:12:45,810 --> 00:12:55,290 | then I got to go back in and reposition myself. So I want to study on Monday, what they do. And then on Tuesday, generally that's my Action Day. And you can |
71 | 00:12:55,290 --> 00:13:03,720 | see is a lot more animation in price on Tuesday. But look what they do. They drop it down into London creating the low of the day taking out this short term |
72 | 00:13:03,720 --> 00:13:13,860 | logon the previous day. And if you look at the low to high, you're getting optimal trade entry there. The key is OTP, or optimal trade entry is associated |
73 | 00:13:13,860 --> 00:13:28,920 | with time of day, a kill zone, these little hyphenated segments of annotation on the charts. London is delineated by 2am to 5am, New York time. So again, if |
74 | 00:13:28,920 --> 00:13:39,480 | you're setting your time, when trading view to local New York time, always set it to that no matter what location you are in the world, always look at trading |
75 | 00:13:39,480 --> 00:13:50,730 | view through the lens of New York, period. If you do that, everything I teach you will make perfect sense you won't be confused. But London kill zone is two |
76 | 00:13:50,730 --> 00:14:02,340 | o'clock in the morning to 5am. New York is 7am to 10am. And if you want to use the New York session time, not the New York kill zone, the New York session time |
77 | 00:14:02,370 --> 00:14:14,760 | is 830 and more until 11am New York time. But each turning point that occurs at these kill zones sets up a really nice run in price. See that little short term |
78 | 00:14:14,760 --> 00:14:25,950 | low right there, it trades down below it and then takes off. So we're seeing this element of time, which is also associated with the day of the week, because |
79 | 00:14:25,950 --> 00:14:40,140 | day of the week is still an element of time. It's a it's a calendar reference point to time. It's a block of time that we call Monday, Tuesday, Wednesday, and |
80 | 00:14:40,140 --> 00:14:51,210 | so forth. So the element of time and pricing is important because you need to focus and expect your analysis to be routed on the first element, which is time. |
81 | 00:14:51,930 --> 00:14:57,540 | The markets will not generally give you setups that pan out between |
82 | 00:14:58,950 --> 00:15:06,840 | these two windows. They'll be a quiet little period. Even though we have a nice run in here. Sometimes that will occur. Most of the time, it won't be like that |
83 | 00:15:06,840 --> 00:15:17,820 | it'll be consolidation. And then after running close, you get these consolidations like this. This is like dead time. Again, same here, dead time, |
84 | 00:15:18,510 --> 00:15:28,920 | saying here dead time. So we're looking to engage. If we're bullish, like we were teaching in this series, pound dollars bullish Monday creates a load week, |
85 | 00:15:28,920 --> 00:15:38,190 | Tuesday creates a buying opportunity, New York on Wednesday, nice buying opportunity, but you have to have wide stop. And if you get stopped out here, |
86 | 00:15:38,340 --> 00:15:48,930 | you can use obviously other approaches to getting involved with the marketplace with FOMC. But I'm going to teach you and remind you that you should not be |
87 | 00:15:48,930 --> 00:15:56,400 | trying to trade FOMC if you're a developing student, because too much of a whipsaw. And you're going to get caught up with the short term volatility. And |
88 | 00:15:56,760 --> 00:16:03,390 | you're going to be more paralyzed by fear even with a demo account and left confused than that of if you just simply study it from the sidelines and don't |
89 | 00:16:03,390 --> 00:16:18,060 | engage it at all. Okay. But the element of time is the first crucial factor to reading price. Price, when it gets to these levels that we look for below the |
90 | 00:16:18,060 --> 00:16:29,340 | opening price. Okay, what price is important below the opening price? what time of day during London open? This, these are buying opportunities here. This low |
91 | 00:16:29,370 --> 00:16:39,930 | trading below this low is a reference in terms of price, by itself doesn't mean anything. Sometimes you can see a short term low like this. We have these lows |
92 | 00:16:39,930 --> 00:16:47,700 | here, all three of them. 123. Look at this, we went down below it. So that's that's one of those times where ICT talks about, oh, this is when we went below |
93 | 00:16:47,700 --> 00:16:59,910 | the lows and expect price to blast off. No, because we're inside of a time window. That's not important. It's not salient to the underlying bias. Because |
94 | 00:16:59,910 --> 00:17:10,740 | it's dead. This time when the algorithm is sitting still, it's going to mark time is all it's doing. going sideways just like it does here, and like it does |
95 | 00:17:10,740 --> 00:17:21,780 | here. Okay, so the element of time is crucial, because that's when the market will start to spool. That means the market will start unraveling in one |
96 | 00:17:21,780 --> 00:17:33,420 | direction or another just start shooting off in a specific direction, aiming for a particular price. But when you're looking for price to behave a certain way, |
97 | 00:17:34,260 --> 00:17:44,250 | it needs to be inside of one of these kill zones for the highest probability. After running close each day, you should train yourself to anticipate |
98 | 00:17:44,340 --> 00:17:58,200 | consolidation unless we get something like FOMC days, which is obviously you this is something that is not an every week instance. But you need to look at |
99 | 00:17:58,200 --> 00:18:06,180 | your economic calendar because if you don't, you'll be caught off guard with these types of events and either want to be protecting yourself by not being in |
100 | 00:18:06,180 --> 00:18:16,770 | the marketplace or taking considerable amount of your position off ahead of it. So that way, if it does reverse on you, you've paid yourself. But time is the |
101 | 00:18:16,770 --> 00:18:26,070 | first element keying up on Monday, Tuesday or Wednesday for your trading. Now if this is a bearish week, same thing we'd be expecting a high to form on Monday, |
102 | 00:18:26,070 --> 00:18:38,610 | Tuesday or Wednesday by New York session. But after Wednesday's New York session, probabilities start to fall off precipitously about catching shorts or |
103 | 00:18:38,760 --> 00:18:45,330 | trying to nail the highs of the day when you're in bearish market environments. This week, we're gonna stick with the narrative that we've outlined initially, |
104 | 00:18:45,540 --> 00:19:00,540 | is that this week was bullish. we've outlined why I gave you examples on telegram and I showed you the fruits of it using this information. This little |
105 | 00:19:00,720 --> 00:19:10,890 | exclamation point is highlighting the release of FOMC data. Okay, so this is two o'clock in the afternoon New York time, expected volatility. And even though we |
106 | 00:19:10,890 --> 00:19:20,940 | had the run below these lows here instead of the rally up, this is classic FOMC. This is exactly what non farm payroll does generally too. So if this was 830 in |
107 | 00:19:20,940 --> 00:19:28,740 | the morning on Friday on non farm payroll, this is what you would expect to see on non farm payroll if you're going to annoyingly bullish market, same scenario. |
108 | 00:19:29,010 --> 00:19:42,810 | So, um, but I digress. So, looking at this from the element of time and price, we know how to group an expectation and perception of analysis when we look at |
109 | 00:19:42,870 --> 00:19:55,260 | time. We know there should there should be something occurring, but we have to anticipate that something routing it to the bias, what's the bias? Do we think |
110 | 00:19:55,260 --> 00:19:59,460 | the weekly range is going to be higher or lower, we don't care about that weekly |
111 | 00:19:59,460 --> 00:20:08,100 | closing price. I don't care where it's going to close, where's the volatility going to send price, mostly higher, or mostly lower over the course of the days |
112 | 00:20:08,100 --> 00:20:18,630 | of this week. If I'm thinking bullish, I'm gonna be focusing on Monday, Tuesday and Wednesday. Because I know the algorithm generally presents the really choice |
113 | 00:20:18,660 --> 00:20:29,010 | setups, if it's bullish to be a buyer on Monday, Tuesday and or Wednesday, but by Wednesday's New York session, now, because Wednesday had a high volatility |
114 | 00:20:29,040 --> 00:20:40,920 | news driver with FOMC, at two o'clock in the afternoon, that gives us a little bit more energy likely after two o'clock on FOMC is release. And we see that |
115 | 00:20:40,920 --> 00:20:50,670 | happen here. And it rolls over into Thursday's trading and so on. But knowing where you should be trying to buy, if you're bullish, you're trying to get below |
116 | 00:20:50,670 --> 00:21:01,350 | the opening price at midnight. That's, that's a threshold that makes your trade higher and probability doesn't guarantee profitability, it just means it's |
117 | 00:21:01,350 --> 00:21:14,880 | higher probability that you're buying a really cheap market. And you're buying it when smart money buys it. You're looking at prices, that trade either to an |
118 | 00:21:14,880 --> 00:21:25,980 | optimal trade entry to an order block or runs out stops. If we're bullish, when you're trading your your plan, okay, you have to plan right? The plan is, every |
119 | 00:21:25,980 --> 00:21:37,020 | time you create a short term low notice to see if it does a run below that while you're bullish inside of one of these kill zones. Relative equal lows, you see |
120 | 00:21:37,020 --> 00:21:46,740 | that a trade down below that in London and below the opening price by itself, that's a buy. Now, you probably won't trust that because you want to have |
121 | 00:21:46,740 --> 00:21:55,590 | indicators, you want to have moving averages, you want to have all these other things that you put your faith in all that faith that you established on retail |
122 | 00:21:55,590 --> 00:22:09,900 | logic and indicators, and harmonic this and supply zone that just reappropriate those faith tendencies. All I'm showing you here, because this is the truth. |
123 | 00:22:10,740 --> 00:22:21,360 | It's not about me, okay? It's not, it's not true. Because Michael says it. It's true, because this is the truth. And I'm just the sounding board for it. Okay? |
124 | 00:22:22,320 --> 00:22:34,980 | Once you understand this, and you start studying it like this, you're gonna see, it's always been there, always. But these three days, and this element of time. |
125 | 00:22:36,420 --> 00:22:46,680 | That is crucial. And what price where's the price factor in prices, when you're taking out stocks returned to an order block or an optimal trade entry? That's |
126 | 00:22:46,680 --> 00:22:56,550 | it, it's three little things there. Okay, three little things that you need to worry about. And not all three form at the same time. So you need not worry |
127 | 00:22:56,550 --> 00:23:04,830 | about, well, how do I know if it's going to do this? And how do I know if that's gonna do that? Well, look, if you have a low here for me, and then trade down |
128 | 00:23:04,830 --> 00:23:12,150 | below it again, that might be what you're waiting for, for your model. You may not want to trade order blocks, you may not want to trade optimal trade entries, |
129 | 00:23:12,360 --> 00:23:21,150 | you just want to see a low and then wait and see if it runs below that low during London at a time when we're bullish on a Tuesday or Wednesday. And you |
130 | 00:23:21,150 --> 00:23:30,210 | could be a buyer there expect price to rally up to 10 o'clock to noon, which is London close. And that's usually when it's the opposite end of the range. Don't |
131 | 00:23:30,210 --> 00:23:39,870 | take my word for it, go through your charts and study it. That's what the algorithm will generally try to do on Mondays Tuesdays and Wednesdays when the |
132 | 00:23:39,870 --> 00:23:55,140 | market is predominantly bullish for the week. Now, obviously, if there's an objective that we're looking for on the week, and it hits it on Tuesday, okay, |
133 | 00:23:55,140 --> 00:24:04,800 | so we were bullish on Monday in Tuesday, it rallies up say it went above that red line, which is that that buy stop liquidity pool outlined earlier in the |
134 | 00:24:04,800 --> 00:24:13,740 | series and say it ran through that 2030 pips that would mean we have potential for the market to go into consolidation the rest of the week or have a deep |
135 | 00:24:13,740 --> 00:24:24,180 | retracement. Whereas we see on Tuesday, we didn't get to the high yet, and sweep those stops yet. On Wednesday. We didn't get to it until here after FOMC. But |
136 | 00:24:24,180 --> 00:24:32,940 | did it do it convincingly above? No, it just went really lightly above shallow, shallow run right there. And then later on a day, when nobody's really paying |
137 | 00:24:32,940 --> 00:24:46,470 | attention. It starts to rally straight on up. So you've got to factor the element of price for where you think price is going to reach for. So time and |
138 | 00:24:46,470 --> 00:24:50,640 | price theory. You're blending these things together to come up with a |
139 | 00:24:52,680 --> 00:25:02,940 | narrative that you want to follow. And you want to see if price is sticking to that narrative that you've outlined. Or scenario, I guess it would be a better |
140 | 00:25:03,300 --> 00:25:11,490 | analogy, you're creating a scenario where you think based on these times of the day and these days of the week, and the logic that this markets likely to go |
141 | 00:25:11,490 --> 00:25:24,090 | higher to where that weekly buys that liquidity pool what I've outlined in this series that we've been harping on, every time we've had a video, we're watching |
142 | 00:25:24,090 --> 00:25:35,460 | how all these things come together to give us a narrative that is delivering in price. And nothing here is random. It's exactly how it should be. If it's |
143 | 00:25:35,460 --> 00:25:45,480 | bullish, I want you to create a load of new hire in one of these, if not all of them. London in New York kill zones. Just look at the charter here. These |
144 | 00:25:45,480 --> 00:25:56,010 | windows of time I taught this over 10 years ago, for free, right on baby pips, taught it, and they still work today. They were working before I taught it, |
145 | 00:25:56,790 --> 00:26:07,350 | they're going to keep working. Okay? The reason why is because the flows that come in at that time of the day, creates the opportunity for the algorithm to |
146 | 00:26:07,350 --> 00:26:18,090 | move around the flows or buying volume and selling volume is not moving price, the algorithm is operating on the time window, it knows the trading volume |
147 | 00:26:18,090 --> 00:26:28,800 | increases, then it's not a derivative of Okay, lots of buyers are coming in. So I'm gonna start seeing price go higher because of that. No, that's not what it |
148 | 00:26:28,800 --> 00:26:42,090 | is. And I don't care who told you otherwise, it's not what's going on. These markets are absolutely manipulated, controlled period. The state of a country's |
149 | 00:26:42,360 --> 00:26:54,240 | economy and the solvency of a central bank is not going to be put in the hands. Okay, have read it. I mean, everybody around the world said, hey, look, here's |
150 | 00:26:54,240 --> 00:27:04,410 | what we're gonna do. We're all going to buy the British pound. And we're gonna keep buying and no matter what, you really think that's going to be the catalyst |
151 | 00:27:04,410 --> 00:27:16,170 | for the British pound to go up and keep on going up, no matter what, no way. But if you read social media today, that's what they want you to believe that stocks |
152 | 00:27:16,170 --> 00:27:26,940 | are gonna go to the moon, because a handful people on Reddit are buying it. That's not what these markets are doing. Okay. These are the commodity these are |
153 | 00:27:26,940 --> 00:27:41,580 | the products of a central bank. Their business is to control everything. Everything. And we as traders will never, absolutely never, ever, ever push |
154 | 00:27:41,580 --> 00:27:49,530 | price higher or lower because of buying and selling pressure, it's not going to happen. If they don't want to go higher. It doesn't matter how many people buy |
155 | 00:27:49,530 --> 00:28:04,380 | it, it isn't going higher. That's it. So on the latter part of the week, you can see here on Wednesday's FOMC, we rolled over into Thursday's trading. Nice |
156 | 00:28:04,380 --> 00:28:16,170 | little optimal trade entry here on London. sticking to the theme, and we ran up 80 pips above the 139 big figure, that 1/3 910 levels were that by that |
157 | 00:28:16,170 --> 00:28:28,890 | liquidity pool was basically linked to on the weekly chart. So we want 70 pips above that. That's a pretty good run. And here it is, we're on Thursday in the |
158 | 00:28:28,890 --> 00:28:39,540 | New York session. And then finally, London close, creates the high, the day starts to drift lower. And then finally one more pump up in on London on Friday, |
159 | 00:28:40,200 --> 00:28:47,790 | running just a little bit above Thursday's high. And then we break down. And we'll look at that on a five minute chart. But we'll look at that when we get |
160 | 00:28:47,790 --> 00:29:05,430 | into the last part of this series. But each day has signatures that it follows responds to in terms of time and price. It's not something that is random. It's |
161 | 00:29:05,520 --> 00:29:18,210 | fitting specific logic that has been taught in this YouTube channel. I can't take over 100 some different videos and compress it into one video and say this |
162 | 00:29:18,210 --> 00:29:28,020 | is all the moving parts all at one time. But everything I'm showing you here has been amplified in other teachings introduced obviously in teachings and also |
163 | 00:29:28,350 --> 00:29:39,690 | shown by example. And now here it is, again, being shown to you where it's still working. We're going to take a closer look into lower timeframes in the final |
164 | 00:29:40,260 --> 00:29:43,020 | volume on this series. Until then, be safe |