Last modified by Drunk Monkey on 2021-06-10 10:49

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edited by Drunk Monkey
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To version 2.1
edited by Drunk Monkey
on 2021-06-10 10:49
Change comment: There is no comment for this version

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3 -ICT: Okay, folks, we are in Volume One, the ICT precision
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2 +|1 |00:01:10,080 ~-~-> 00:01:21,000 |ICT: Okay folks, we are in Volume One of the ICT precision trading concepts video series, this is part one of three, we're gonna be doing very short modules
3 +|2 |00:01:21,030 ~-~-> 00:01:35,010 |on specific, concise concepts on how to implement price action in your trading, and how it could be an assistance to you gaining much more consistency and the
4 +|3 |00:01:35,010 ~-~-> 00:01:43,680 |results that you're most likely striving for in your trading. So what we're gonna be looking at in this volume, well, we're gonna be looking at weekly order
5 +|4 |00:01:43,680 ~-~-> 00:01:56,160 |box and order flow. Now a lot of folks have been pretty excited about the release of the ICT order blocks on a daily and intraday basis. But you'll be
6 +|5 |00:01:56,160 ~-~-> 00:02:06,060 |surprised to find that this is actually occurring on all timeframes. But the order blocks that's found on the weekly charts are many times overlooked by the
7 +|6 |00:02:06,060 ~-~-> 00:02:19,140 |neophyte trader and those that are quote unquote, technical analysts. And as it relates to trading, we're gonna be looking at how utilizing the weekly order
8 +|7 |00:02:19,140 ~-~-> 00:02:30,810 |blocks and the order flow on a weekly basis, can really direct your attention to low risk, high probability setups. And they're derived from the higher timeframe
9 +|8 |00:02:30,810 ~-~-> 00:02:41,100 |perspectives. Now, that's very important because, again, if you look at the results of the retail trader as a collective whole, it's not surprising to see
10 +|9 |00:02:41,100 ~-~-> 00:02:54,960 |that the large magnitude of drawdown and or all together bust that is a company with the new startups that enter our business of trading. Let's face it a spec
11 +|10 |00:02:55,230 ~-~-> 00:03:08,940 |spec. kilometers, we know we have, let's face it as speculators, we run into a lot of adversity. And if you don't have a very concise plan of action going in
12 +|11 |00:03:08,970 ~-~-> 00:03:18,540 |from the beginning, the emotional aspect of losing money, and or even gaining money, because if you're a new trader, if you've ever felt that exhilarating
13 +|12 |00:03:18,540 ~-~-> 00:03:29,730 |feeling of seeing profits, you start moving into your account, that's just many times this is numbing as you're taking a loss, you don't know what to do should
14 +|13 |00:03:29,730 ~-~-> 00:03:39,150 |you hold for higher prices, or new lower prices if you're short, or she just get out and panic and just be glad you made something. There's a lot of, you know,
15 +|14 |00:03:39,240 ~-~-> 00:03:49,110 |uncertainty when it comes to trading. So when you have a clear, concise plan of what it is specifically you're looking for, and why you're looking for it, it
16 +|15 |00:03:49,110 ~-~-> 00:03:57,210 |removes a lot of the uncertainty that plagues the neophyte and or new trader. If you've been trading for a long period of time, I think if you start adopting
17 +|16 |00:03:57,210 ~-~-> 00:04:06,270 |this mindset and looking at your charts with this concept in mind, I'm pretty much guarantee you're going to see a whole new level of trading that you're
18 +|17 |00:04:06,270 ~-~-> 00:04:16,590 |probably not accustomed to. Now, it's important that we reiterate and you've seen me mentioned this many, many times in my either weekly updates on video
19 +|18 |00:04:16,590 ~-~-> 00:04:27,240 |form, or in my commentary posted on numerous forums that you see me participate in, but the large institutions and or banks are basing the majority of their
20 +|19 |00:04:27,240 ~-~-> 00:04:38,190 |trades from these charts, okay. And these charts, again, referring to the weekly and or quote unquote, higher timeframe analysis. Again, assume for a moment that
21 +|20 |00:04:38,220 ~-~-> 00:04:48,780 |a large bank is looking to move a large block of a specific currency. Are they going to be looking at one and five minute chart to do so? Absolutely not. They
22 +|21 |00:04:48,780 ~-~-> 00:05:00,000 |need the liquidity that the larger order blocks will present them on these higher timeframe charts because their orders are so vast and so large. It's an
23 +|22 |00:05:00,000 ~-~-> 00:05:11,790 |important that they have the liquidity to help facilitate their trades. Many times, their orders have been broken up into modular blocks. Now just like us,
24 +|23 |00:05:11,820 ~-~-> 00:05:22,110 |we're looking for hopefully, like us as a professional minded trader, we're looking for opportunities to buy at wholesale prices, okay, and sell to retail
25 +|24 |00:05:22,110 ~-~-> 00:05:33,540 |prices, we want to be able to get in, like the Smart Money does. We want to be buying when the street money is selling, and we want to be selling when the
26 +|25 |00:05:33,540 ~-~-> 00:05:40,470 |street money is buying. It's just that simple. The way we do that is not to pretend to be smarter than we really are.
27 +|26 |00:05:40,950 ~-~-> 00:05:52,230 |Not to have a false hope. And trust in math oriented indicators, is useful as they may seem, in hindsight, we have to look for the telltale signs and
28 +|27 |00:05:52,230 ~-~-> 00:06:03,150 |fingerprints, that's left in our charts, that the smart money has, in fact, participated in a specific move. We've shown how that's identified in the inner
29 +|28 |00:06:03,150 ~-~-> 00:06:13,080 |circle trader scout sniper Field Guide series. And I'm going to touch briefly on some of those central tenants in that series. But it's important, if you haven't
30 +|29 |00:06:13,080 ~-~-> 00:06:19,830 |really gone through that video series, I'd advise you to really don't watch this video series, because there's really not going to be any benefit to you without
31 +|30 |00:06:19,830 ~-~-> 00:06:31,590 |having the understanding that that previous series gives you. And by having that mindset coupled with what we're learning here, your trading is actually we're
32 +|31 |00:06:31,590 ~-~-> 00:06:41,760 |going to go to a whole new level. And I promise you, there's very few promises that I make in my materials. But I promise you, if you start implementing these
33 +|32 |00:06:41,760 ~-~-> 00:06:52,290 |three components to your trading and your analysis, you will see absolutely stunning results. Okay, I'm not promising profits, Mo decided and say that
34 +|33 |00:06:52,740 ~-~-> 00:07:05,190 |you're going to see stunning results, okay? And I'm in your understanding of the market, on the understand on when price should be moving. Okay? So don't take me
35 +|34 |00:07:05,190 ~-~-> 00:07:12,990 |out of context, okay? Because it's important that I don't, I don't promise you wealth, I don't promise you profits, you're gonna still lose money trading this
36 +|35 |00:07:12,990 ~-~-> 00:07:19,830 |way. Okay, so don't don't let me also share code is so much that you think that now said you're gonna walk out and money is going to shoot from your hind sight,
37 +|36 |00:07:19,890 ~-~-> 00:07:30,090 |I mean, your time your your backside, and you know, everything is going to be roses in you get off and worry about, you're certainly going to have your your
38 +|37 |00:07:30,090 ~-~-> 00:07:40,500 |fair share of losses still, because there is going to be a certain measure of Human Error Error that's going to plague your trading regardless, okay, no
39 +|38 |00:07:40,500 ~-~-> 00:07:48,630 |matter how concise we have our trading plan, it's still gonna be driven by us as the trader and we're only going to be as good as the trader behind the trade
40 +|39 |00:07:48,630 ~-~-> 00:08:03,420 |selection. Now, trends and order flow, these are not weekly charts, okay, they tend to remain for a long period of time. And with that, it also requires much
41 +|40 |00:08:03,420 ~-~-> 00:08:14,370 |more in terms of change to make them go the other direction. Okay, so what am i mean by that, basically, if you see the market moving on a weekly chart higher,
42 +|41 |00:08:14,670 ~-~-> 00:08:25,470 |it's going to take a very significant impact of some sort on a fundamental level that cause this underlying trend, okay, to change course. Now, that's
43 +|42 |00:08:25,500 ~-~-> 00:08:37,710 |advantageous to us, because even if we're a day trader or a scalper, okay, short term trader or swing trader, or even a position trader, these, these benefit us
44 +|43 |00:08:37,740 ~-~-> 00:08:48,750 |in terms of trusting our directional bias, okay, there's no greater directional bias to trust your trades, one than the weekly chart. Now, the problem with that
45 +|44 |00:08:48,750 ~-~-> 00:08:57,870 |is, we have been lulled into believing that the weekly charts are really of no use to us unless you're a long term position trader. And that, my friends is
46 +|45 |00:08:57,870 ~-~-> 00:09:08,370 |absolutely not true. If you go to majority of the textbooks, you'll see that very, very few even comment on the importance or even the utilization of a
47 +|46 |00:09:08,370 ~-~-> 00:09:20,760 |weekly chart. Now the weekly chart I grant, it will take a long period of time for specific trades to set up on that timeframe. But there's also a specific
48 +|47 |00:09:20,790 ~-~-> 00:09:28,890 |understanding once you adopt that, you can really walk away from the weekly chart after looking at for just less than two minutes, you know, right away,
49 +|48 |00:09:29,100 ~-~-> 00:09:38,250 |what specifically the smart money's actually doing right, then and now. Now, I don't know what that means to you. But as a trader, when I was developing,
50 +|49 |00:09:38,280 ~-~-> 00:09:47,370 |that's exactly what I was looking for. I needed to know what the guys that knew what was gonna happen ahead of time. Okay. The ones that were successful, let's
51 +|50 |00:09:47,370 ~-~-> 00:09:58,890 |rephrase that. The ones that were consistently profitable, able to harvest real money out of the out of the marketplace. Okay, those participants, what were
52 +|51 |00:09:58,890 ~-~-> 00:10:08,160 |they doing and how were they They arriving at that foresight before putting on their trades, if I could learn that if I could implement that in my own trading,
53 +|52 |00:10:08,400 ~-~-> 00:10:09,810 |then I could
54 +|53 |00:10:09,809 ~-~-> 00:10:21,299 |trust, the effects of consistency going forward in my trading, and not just attributed to just, you know, blind luck, okay, which I think, honestly, the
55 +|54 |00:10:21,299 ~-~-> 00:10:29,489 |majority of new traders that get into this business that in and make money right away, with no real understanding it, it really tricks you into thinking you're
56 +|55 |00:10:29,489 ~-~-> 00:10:38,429 |smarter than you really are. And that really actually happened to me as a trader, in the mid 90s. I got involved in trading and actually caught a really
57 +|56 |00:10:38,429 ~-~-> 00:10:46,949 |good look in the market where everything was going on in the commodity market. So because I was a buyer, yeah, naturally, it just goes, it goes without saying,
58 +|57 |00:10:46,949 ~-~-> 00:10:53,639 |if the market was gonna go higher, and I'm buying, I'm the buyer, because I didn't understand shorting. At the time as a neophyte trader, everything I was
59 +|58 |00:10:53,639 ~-~-> 00:11:00,359 |getting into made money. So suddenly, I'm, you know, I'm a smart guy from metal river, Maryland. And you know, I don't know anything, really, I have no idea
60 +|59 |00:11:00,359 ~-~-> 00:11:07,799 |what I was doing. But I was making money. So therefore, you think you're smarter than you really are. And, and suddenly, in the movies, you fizzled out, and now
61 +|60 |00:11:07,799 ~-~-> 00:11:15,959 |I moved into a, you know, a traders market, I couldn't do anything to make money, then. And then I had to go back to my learning. Okay, I go to school, if
62 +|61 |00:11:15,959 ~-~-> 00:11:28,319 |you will. Well, this is one of the concepts that you're going to learn that helped me gain a greater understanding on how these markets move on a general,
63 +|62 |00:11:28,679 ~-~-> 00:11:42,239 |and how you can really learn to anticipate sizable, sustainable moves in a directional premise. I could take one specific question that's emailed to me
64 +|63 |00:11:42,239 ~-~-> 00:11:52,739 |more than any other is how do I get the direction, right? More times than not? And I'm going to promise you that these three components that I'm giving you in
65 +|64 |00:11:52,739 ~-~-> 00:12:01,169 |this series, are really the backbone to that. Okay, how do I know whether they're actually the market's going to go and why? You know, why do I think
66 +|65 |00:12:01,169 ~-~-> 00:12:09,869 |that? And why do I believe that wholeheartedly to put my name out there, you know, associated with an analysis on a weekly basis? Well, it's because I trust
67 +|66 |00:12:09,899 ~-~-> 00:12:19,409 |that I am limited in my capacity of knowing the fundamentals behind these moves. I don't have trained accredited staff, you're working you umpteen hours a day
68 +|67 |00:12:19,409 ~-~-> 00:12:28,229 |trying to find out what it is driving the marketplace. Frankly, I don't really care. Okay, because I'm, I'm of the opinion and completely comfortable admitting
69 +|68 |00:12:28,229 ~-~-> 00:12:36,089 |that a lot of the fundamentals go completely over my head, okay, I'm not a mental genius, okay, I'm not trying to state that I'm smarter than 90% of the
70 +|69 |00:12:36,119 ~-~-> 00:12:44,999 |people out there in the marketplace. I just know what it is that makes me tick as a trader. And I combine that with central tenants in the marketplace that are
71 +|70 |00:12:45,059 ~-~-> 00:12:53,219 |inherently generic, that repeat over and over and over again. And the brilliant thing is, and the only real reason why you're learning it from me, because if I
72 +|71 |00:12:53,219 ~-~-> 00:13:01,139 |believed in my heart that if I shared it with everybody, it would stop working, you would have never learned us, you would have never learned any of the things
73 +|72 |00:13:01,139 ~-~-> 00:13:12,119 |that I do. Because it's my business to be profitable. I don't have a job, I don't go to a place of business and punch a time card, I don't collect a salary
74 +|73 |00:13:12,119 ~-~-> 00:13:24,719 |check from someplace, okay, my income is derived by the choices I make based on a price chart. So having that as a precursor to whether you make money or not
75 +|74 |00:13:24,719 ~-~-> 00:13:34,259 |make money. Okay? It's, it's advantageous for you to really have a clear, concise approach to what it is you're doing in the marketplace. So remember that
76 +|75 |00:13:34,259 ~-~-> 00:13:42,599 |make that note in your in your little book of notes that you may be taking with this video series if you're contemplating quitting a job because you put $5,000
77 +|76 |00:13:42,599 ~-~-> 00:13:51,329 |in an account, okay, I can tell you this, regardless of how well you may be doing in a demo account with these concepts. There's a huge paradigm shift that
78 +|77 |00:13:51,329 ~-~-> 00:14:00,719 |takes place when you start realizing that if you quit your job, if you've walked away from the marketplace in terms of earning an income, and you are solely
79 +|78 |00:14:01,319 ~-~-> 00:14:11,339 |expecting every facet of your income to come from the choices you make looking at a price chart, I guarantee you, you want to talk about, you know, a mind
80 +|79 |00:14:11,339 ~-~-> 00:14:20,459 |scramble, that's what's gonna happen, okay, you're gonna have such an influx of uncertainty come over you. Because think about it. you've walked away from your
81 +|80 |00:14:20,459 ~-~-> 00:14:30,209 |paycheck, you walked away from your job. Okay, so now you're out there, you're standing in the arena. And I'm sorry, I'm not looking to give you my money. And
82 +|81 |00:14:30,209 ~-~-> 00:14:40,739 |neither are any of the other professionals in this marketplace. You're gonna have to take it from me. And I'm talking with a fight in longshore if it is, if
83 +|82 |00:14:40,739 ~-~-> 00:14:50,819 |you have this mindset going in, and you've eased your way out of the job and earned your your your ability to make money, then being able to trade full time.
84 +|83 |00:14:52,229 ~-~-> 00:15:00,329 |It's possible I'm not saying it's going to guarantee you everybody can do it, but it's more conducive to you to be able to see a long term life lasting
85 +|84 |00:15:00,329 ~-~-> 00:15:09,389 |success and doing that. But I'm kind of deviating here so much how to bring it back. The main thing is, by having this perspective
86 +|85 |00:15:09,390 ~-~-> 00:15:19,620 |and it's an approach to trading, okay, it's really going to stack the odds in your favor and lessen not remove entirely lessen the likelihood of you going
87 +|86 |00:15:19,620 ~-~-> 00:15:26,820 |bust. Okay, hopefully you've had money management, training, and you know that you shouldn't be risking too much in your trades. And that goes with this as
88 +|87 |00:15:26,820 ~-~-> 00:15:33,120 |well. Just simply because it works really, really good doesn't mean go out there and bet the farm and say, Okay, well, this worked the last 80 times it happened.
89 +|88 |00:15:33,120 ~-~-> 00:15:40,260 |So therefore, I'm going to put 20% of my account up and leverage 400 to one and see what happens and hopefully I can get out my job in six weeks. If you're
90 +|89 |00:15:40,260 ~-~-> 00:15:51,390 |going to do that. Okay, I promise you, you will be regretting it. Okay. I don't want to see a testimony emailed to me about that. I'm not impressed by that.
91 +|90 |00:15:51,420 ~-~-> 00:15:56,790 |Okay. As far as I'm concerned, that's a lottery. And I don't I don't believe in the water. If I believed in the lottery, I'd be putting 1000s of dollars in
92 +|91 |00:15:56,790 ~-~-> 00:16:06,870 |every week trying to win the peg the mega money and in China win the mega million and a big Powerball games. I'm not a gambler. Okay, so you shouldn't be
93 +|92 |00:16:06,870 ~-~-> 00:16:13,230 |there. You want to be consistently taking money at the marketplace. And this is one concept that will help you
94 +|93 |00:16:13,740 ~-~-> 00:16:14,310 |know
95 +|94 |00:16:14,340 ~-~-> 00:16:24,540 |what it is specifically that you're looking for when you sit down to charts. Okay. The main thing is the main thing, you want to keep your sights set on what
96 +|95 |00:16:24,540 ~-~-> 00:16:33,660 |it is that matters most and all the lower timeframes, static noise, you want to kind of filter it all that out. And how is it that we as professionals do that
97 +|96 |00:16:33,690 ~-~-> 00:16:41,520 |is that we have a higher timeframe perspective in mind, simply because the market moves 20 pips one direction on a five minute chart or a 15 minute chart
98 +|97 |00:16:41,760 ~-~-> 00:16:53,190 |means absolutely nothing means absolutely nothing to a longer higher term, timeframe premise. What I mean by that, I could watch an intraday price chart
99 +|98 |00:16:53,700 ~-~-> 00:17:04,650 |and see many, many times where the market would pay 2030 pips and it would be against my directional premise or my comfort zone, in terms of directional
100 +|99 |00:17:04,650 ~-~-> 00:17:12,150 |premise, because I'm willing to wait for the setup to come to me, I don't want to chase all these little tiny minor moves in the marketplace, there's people
101 +|100 |00:17:12,150 ~-~-> 00:17:20,940 |that can do a very good living doing that and scalping the market and short term intraday trading. I'm not negating their ability to do that, or your potential
102 +|101 |00:17:20,970 ~-~-> 00:17:29,850 |to do that as well. But that's not the crux of this presentation, or this series is really designed for those that are asking the questions like, Well, how do I
103 +|102 |00:17:29,850 ~-~-> 00:17:37,650 |know that the support resistance level is going to hold? How do I know the directional premise for this day is going to be what it should be? Okay. This is
104 +|103 |00:17:37,650 ~-~-> 00:17:45,390 |my answer to those questions. Okay. Because, like I said, If I could go back to one question, you know, how is it that I'm able to get the direction, right, the
105 +|104 |00:17:45,390 ~-~-> 00:17:53,130 |second most asked question is, how do I know that a specific support or resistance level is going to hold? And we're going to be able to focus on that
106 +|105 |00:17:53,160 ~-~-> 00:18:04,260 |specific pair of questions in this individual volume. And in volume two, and three, we'll be dealing with other topics that will hope hopefully, dovetail
107 +|106 |00:18:04,260 ~-~-> 00:18:13,860 |nicely with this one, and hopefully, improve upon your understanding the marketplace. Now, framing retail trading ideas on the basis of the macro
108 +|107 |00:18:13,860 ~-~-> 00:18:25,170 |perspective, is conducive profits. And again, we've already said this briefly, if you don't have the understanding where the fundamentals are behind the market
109 +|108 |00:18:25,170 ~-~-> 00:18:35,250 |moves, okay. And again, I don't claim to be a fundamentalist. I don't know what the fundamentals are. I can't digest bank reports. I know a lot of well known
110 +|109 |00:18:35,400 ~-~-> 00:18:45,630 |trading mentors out there, use them and share them openly. I don't have the capacity to look at that stuff and understand what it means. Okay, and I don't
111 +|110 |00:18:45,780 ~-~-> 00:18:53,910 |have any shame in telling you that, you know, I don't, I can't listen to a speaker and determine Well, that's a hawkish or dovish, mean, I don't understand
112 +|111 |00:18:53,910 ~-~-> 00:19:03,180 |that. Okay. And if you can, wonderful, you know, kudos for you. But I don't need to know all that stuff. Because I trust a price chart that tell me everything
113 +|112 |00:19:03,180 ~-~-> 00:19:11,610 |fundamental that I need to know about that marketplace. If it's looking to move up higher, I'll see signs before it starts going up that it's going to go up.
114 +|113 |00:19:11,940 ~-~-> 00:19:18,960 |And I'll tribute, the fact that it's making money for me that I was fundamentally right on that move. That's the limitation I have as it relates to
115 +|114 |00:19:18,960 ~-~-> 00:19:28,830 |fundamentals. Okay. Aside from interest rates, obviously. Now, EMAS or Exponential Moving Averages applied to the weekly timeframes will assist in
116 +|115 |00:19:28,830 ~-~-> 00:19:41,550 |higher odds order flow, and order blocks. Now, what do I mean by that? When we apply the nine and 18 ama, on a weekly chart, we already mentioned briefly, that
117 +|116 |00:19:41,550 ~-~-> 00:19:54,570 |there is a huge tendency, okay, for trends or order flow two remained intact on a weekly chart. In other words, whatever it was that established a market moving
118 +|117 |00:19:54,570 ~-~-> 00:20:08,100 |higher, generally it's going to take something of greater magnitude on the up And to make it go lower. Okay, so as long as it's viewed as a good buy, the
119 +|118 |00:20:08,100 ~-~-> 00:20:17,820 |market will continue to move higher and continuously make higher highs and higher lows. The wonderful thing about that is that even though the EMAS are
120 +|119 |00:20:17,850 ~-~-> 00:20:28,140 |lagging in terms of time, okay, they're very, very low reaction, okay, it takes a long time for these things to turn around on a weekly chart. As a new trader,
121 +|120 |00:20:28,380 ~-~-> 00:20:38,070 |if you sit down to a chart, no matter what pair you look at, or if it's a stock or if it's an index, or, or if it's commodity, if you look at a weekly chart,
122 +|121 |00:20:38,070 ~-~-> 00:20:48,270 |and you'll lay over that particular timeframe, a nine Ma and 18 Ma, if the nine ma is greater than the 18, and they're stacking, that means they're opening up.
123 +|122 |00:20:48,540 ~-~-> 00:20:59,580 |Okay, the widening from one another and pointing up. That's all we need to view a potential bullish condition on a weekly timeframe. In other words, weekly
124 +|123 |00:20:59,580 ~-~-> 00:21:08,340 |order flow would be considered up. Okay? It's that simple. And conversely, if the nine ma is below the 18, ma,
125 +|124 |00:21:08,970 ~-~-> 00:21:17,640 |and they're stacking, in other words, the averages are opening up and pointing down. Okay, that is all that we need to indicate that we are in a weakly bearish
126 +|125 |00:21:17,670 ~-~-> 00:21:28,650 |order flow. Okay. Now, obviously, there will be 10 times of transition where we move from a bullish to bearish or bearish to bullish, okay. Or we may move into
127 +|126 |00:21:28,650 ~-~-> 00:21:37,770 |a larger consolidation period, that's going to happen, that is where you're going to incur your losses. Okay, I'm not saying you won't lose money in a
128 +|127 |00:21:37,770 ~-~-> 00:21:45,570 |bullish condition being a buyer, okay, there's going to be times where you're going to you just simply be wrong. Okay. But if you stick to that approach, if
129 +|128 |00:21:45,570 ~-~-> 00:21:55,230 |you consistently milk that, that approach or perspective in the marketplace, and focusing on when the strongest, most likely tendency to move higher or lower,
130 +|129 |00:21:55,230 ~-~-> 00:22:04,350 |based on this time frame, your trades, they won't be many of them, okay? Because we know where we look to buy, we know when we look to buy, okay, but now we're
131 +|130 |00:22:04,350 ~-~-> 00:22:13,800 |going to be looking specifically on what direction where are we going to go and predominantly most buying or selling. And by having that in our, in our arsenal
132 +|131 |00:22:13,800 ~-~-> 00:22:22,350 |of tools, we'll be able to remove a lot of emotion, or remove a lot of the fear, okay? And think about it, think about what this does. assume for a moment you
133 +|132 |00:22:22,350 ~-~-> 00:22:32,130 |have a bullish weekly order flow, and everything's moving higher. If you find a daily order block to be a buyer, when you buy into that, and it rallies up 20
134 +|133 |00:22:32,130 ~-~-> 00:22:38,130 |pips and it starts to pull back 10 Are you going to be scared that you've probably made the wrong decision being a buyer or there's going to come down and
135 +|134 |00:22:38,130 ~-~-> 00:22:49,200 |take your stop? Probably not, or hopefully, it's my advice that you shouldn't be fearful that because you're going to be trading with the professional mindset,
136 +|135 |00:22:49,440 ~-~-> 00:22:56,010 |okay, you're going to have the higher timeframe, you're going to have the weekly order flow, you're going to have weekly order blocks, you're gonna have daily
137 +|136 |00:22:56,010 ~-~-> 00:23:08,250 |order blocks, all in favor. And if you start timing the trades around markets open and closes, you have so many qualifiers that really move the odds of you
138 +|137 |00:23:08,250 ~-~-> 00:23:17,820 |making money into reality, you're simply no guarantee, obviously, I can't guarantee you're going to be consistently always making money. But if you just
139 +|138 |00:23:17,820 ~-~-> 00:23:29,670 |get a little niche in this marketplace, a small little edge, okay, and you, you understand what that edge is you can maximize this, okay to be as big as you
140 +|139 |00:23:29,670 ~-~-> 00:23:39,060 |want it to be in terms of your results. But also, it's the same, it's a double edged sword, if you maximize the risk simply because you associate the con, the
141 +|140 |00:23:39,060 ~-~-> 00:23:47,190 |consistency to it, okay, you're going to have a loss. And invariably, if you take a loss that invites emotionalism, it invites fear and greed. And then when
142 +|141 |00:23:47,190 ~-~-> 00:23:55,230 |you start applying those things to your trading, everything goes out the window, and now you have havoc, okay, wreaking havoc all of your trades, you won't have
143 +|142 |00:23:55,230 ~-~-> 00:24:02,280 |any understanding of what it is you're doing, you're going to be reactionary instead of anticipatory, and that's problematic, okay. So we're going to be
144 +|143 |00:24:02,280 ~-~-> 00:24:13,500 |looking at the edvin, the advantageous nature of having the EMAS on a weekly timeframe, okay, and how these will help us stay focused on where the
145 +|144 |00:24:13,650 ~-~-> 00:24:23,670 |fundamentals are driving price, okay, where the momentum, if you will, is continuously pushing behind the marketplace. And by having that we'll be able to
146 +|145 |00:24:23,670 ~-~-> 00:24:33,630 |be much more relaxed, we won't be rushed, we'll be waiting for the market to come to us versus we chasing it, and missing the ideal low risk, high
147 +|146 |00:24:33,630 ~-~-> 00:24:44,310 |probability entry points. Now, trading in line with this view, will greatly increase the likelihood of consistency and precision. A lot of the times when I
148 +|147 |00:24:44,310 ~-~-> 00:24:53,310 |share my charts on a live basis, that I get a lot of response that you know, that was crazy. That was insane how, you know, the market reacted exactly rate
149 +|148 |00:24:53,310 ~-~-> 00:25:03,030 |where you were calling it to do it. And I gotta tell you in this, this comes with experience. I mean, we're talking About a gentleman Okay, myself here. I've
150 +|149 |00:25:03,030 ~-~-> 00:25:12,210 |been doing this for two decades. Okay, that's 20 years, a lot of the guys that I talked to are actually not many more years above that in terms of their age. So
151 +|150 |00:25:12,210 ~-~-> 00:25:18,540 |if you, if you think you're just gonna sit down and watch this video series, take a couple notes and plug in a demo account, and then you know, a month from
152 +|151 |00:25:18,540 ~-~-> 00:25:28,170 |now you're going to be hitting it, it's going to take a little bit of time, guys. And I would be foolish not to advise you to at least expect, again, a
153 +|152 |00:25:28,170 ~-~-> 00:25:37,860 |growth period of at least six months, you're gonna have to see these things happen to learn to trust them. hindsight and back testing is great. Okay, that's
154 +|153 |00:25:37,860 ~-~-> 00:25:44,820 |wonderful. But it's an altogether different animal. When you start applying it and putting your money or even the demo account
155 +|154 |00:25:44,880 ~-~-> 00:25:53,520 |or pride on the line placing trades based on these concepts, you have to have the unsaid understanding that you know, these are we're dealing with
156 +|155 |00:25:53,520 ~-~-> 00:26:01,830 |probabilities here, when I'm dealing with certainties, we're not dealing with App solutions, okay? If there's any app solution is that if you're wrong, you're
157 +|156 |00:26:01,830 ~-~-> 00:26:07,530 |going to lose money, it's going to come out of your account, we there's no guarantee there's money coming in. But if you're wrong, and you don't know what
158 +|157 |00:26:07,530 ~-~-> 00:26:17,070 |you're doing, and you grossly abuse, the leverage and risk, you will lose a lot of money. Okay, it doesn't matter that these have been tested by a trader that's
159 +|158 |00:26:17,070 ~-~-> 00:26:24,570 |been doing for 20 years, it doesn't matter that, you know, I've made X amount of money trading, it has absolutely nothing to do with it. My results are
160 +|159 |00:26:24,570 ~-~-> 00:26:35,400 |absolutely unique to me. Okay, just as well as your, your results are gonna be unique to you. I have a lot of people reading the material that I present freely
161 +|160 |00:26:35,400 ~-~-> 00:26:47,460 |on the internet. Why is it that every one of us have completely unique results? Think about that. We're all uniquely different, I may see something on a chart
162 +|161 |00:26:47,460 ~-~-> 00:26:59,610 |that you don't now pundants and those that attack mentors and trading advisors, or teachers, or someone that's sharing ideas, okay? They'll come in and be
163 +|162 |00:27:01,410 ~-~-> 00:27:07,830 |argumentative, and say, Look, if your stuff works, so well, why isn't everyone else doing the same thing that you are? And that kind of like proves their
164 +|163 |00:27:07,860 ~-~-> 00:27:16,380 |myopic approach to looking at things, okay? It doesn't matter that we're talking about trading. Why isn't that everybody that gets in golf doesn't play like
165 +|164 |00:27:16,380 ~-~-> 00:27:25,470 |Tiger Woods. Okay, why isn't it that, you know, everybody that gets into basketball? Why? Why aren't they able to play like Michael Jordan, okay, it kind
166 +|165 |00:27:25,470 ~-~-> 00:27:35,640 |of falls on its face, when you really look at it for what it is, okay? So don't judge your, your development against me, as the mentor, okay, you judge your
167 +|166 |00:27:35,640 ~-~-> 00:27:45,810 |development against how you were the day before. And you consistently do this over and over and over again, by default, you will improve, that does now equal
168 +|167 |00:27:45,810 ~-~-> 00:27:55,200 |weight to profitability that comes on its own timing, I can't promise you that. But I can promise you, you will know more about you and how you are going to
169 +|168 |00:27:55,200 ~-~-> 00:28:04,380 |interact and engage this marketplace by these concepts. And that we already learned in the previous videos and 10 and teachings that I've shared over the
170 +|169 |00:28:04,380 ~-~-> 00:28:21,090 |last four years. Now, with all that, let's take a look at a few examples. Okay, folks, we're looking at the fiber weekly chart, this is the Euro USD. And I've
171 +|170 |00:28:21,090 ~-~-> 00:28:32,850 |already applied the nine and 18 period exponential moving average. Now the blue line in here that's gonna delineate the 18. And the red line is the nine. Okay,
172 +|171 |00:28:32,880 ~-~-> 00:28:43,560 |and very simply, if the nine, in this case, again, the red if it's above the blue, okay, and this, again, is a weekly chart, when we see this crossover and
173 +|172 |00:28:43,560 ~-~-> 00:28:50,520 |the averages start to stack, okay, that means it read about on here, we're starting to see very clear indication that these averages are opening up and
174 +|173 |00:28:50,520 ~-~-> 00:29:00,870 |continually moving higher. I do not consider any of these downturns here as precursors to a potential crossover. When it crosses over, then it crosses over.
175 +|174 |00:29:01,020 ~-~-> 00:29:10,650 |Okay, very important you had that your notes, a crossover really has to happen in the averages before actually considered, you know, I no longer want to be
176 +|175 |00:29:10,650 ~-~-> 00:29:19,650 |following that, that that premise, okay. Again, that would be considered right here. Now, now, the quick response is going to be on on one are going to see
177 +|176 |00:29:19,650 ~-~-> 00:29:27,420 |this already on either on Twitter, or I'm going to see it on the forums. And if I left comments open for my videos on YouTube, not that these are going to be on
178 +|177 |00:29:27,420 ~-~-> 00:29:35,940 |YouTube. But if they were, invariably everyone would come out and say, Well, look, look at this big move here. You missed. Okay. I agree. You would have
179 +|178 |00:29:35,940 ~-~-> 00:29:46,890 |missed this big downturn. Okay, in terms of directional premise, but there's other tools that we can utilize back here for that. Okay. So again, we're
180 +|179 |00:29:46,890 ~-~-> 00:29:58,440 |building an arsenal of tools, okay. We don't drive a nail with assault. Okay, I can't see it any simpler than that. Each tool has its time and purpose. This is
181 +|180 |00:29:58,710 ~-~-> 00:30:07,050 |a tool and I'm showing you It's time and purpose, okay? When the averages are opened up, and they're stacking, again, the definition of stacking is when the
182 +|181 |00:30:07,050 ~-~-> 00:30:18,240 |averages are trending in the same direction and opening. Okay. That, to me is a qualifier that we're in a bullish market condition on the higher time frame. So
183 +|182 |00:30:18,240 ~-~-> 00:30:29,850 |weekly order flow is higher. I want you to take a look at this chart now, this is June of 2013. In this area here, where we start seeing the averages open up
184 +|183 |00:30:29,850 ~-~-> 00:30:38,820 |and we've continuously seen the weekly order flow on a higher level. Okay, now we're just moving bullish Lee. Okay. Yes, there's been bearish weeks. Yes,
185 +|184 |00:30:38,820 ~-~-> 00:30:46,080 |there's been downturns. Yes, there's been wicked sell offs. But overall, we've maintained higher highs and higher lows.
186 +|185 |00:30:46,350 ~-~-> 00:30:55,080 |Okay. So again, it helps you filter out all that uncertainty that plagues a lot of the traders that either reactionary or just simply have no idea what they're
187 +|186 |00:30:55,080 ~-~-> 00:31:07,500 |looking for. Before we go into the weekly order blocks, I want to kind of show you how we can apply this information. Okay. So when you see the averages
188 +|187 |00:31:07,500 ~-~-> 00:31:16,380 |opening up here, okay, we're going to use this week. There, okay. And we're going to color our area like this. Okay, now you can do any color you want.
189 +|188 |00:31:16,770 ~-~-> 00:31:26,970 |Okay. But what I've done is I've mapped out the market in terms of, we're in a bullish condition, okay, so as long as the averages are like this, okay. In
190 +|189 |00:31:26,970 ~-~-> 00:31:36,180 |other words, let's say for instance, if, if this is the time of the recording that you're watching right now, I would be simply doing this, okay, with this
191 +|190 |00:31:36,210 ~-~-> 00:31:47,310 |data, unknown yet, okay. But right now as it is, we had this data, so we're just gonna look at it like this. But it doesn't remove that. And the benefit of
192 +|191 |00:31:47,400 ~-~-> 00:31:55,680 |studying it in hindsight, because someone's hindsight today is going to be your benefit and future tomorrow. And that's what I'm trying to share with you. Now.
193 +|192 |00:31:56,250 ~-~-> 00:32:04,170 |If you look at this, and discount immediately, I promise you, everything else I teach you, or you could do the same thing with it as well, you can nitpick it
194 +|193 |00:32:04,170 ~-~-> 00:32:15,150 |and find all kinds of flaws in it. But it's not the individual tool itself. It's the orchestration of the tools together, that build a confluence of an idea that
195 +|194 |00:32:15,180 ~-~-> 00:32:25,320 |will hopefully materialize and again for you, either monetarily or understanding what it is that you should be doing as a trader. And I'm really focusing more on
196 +|195 |00:32:25,320 ~-~-> 00:32:34,140 |the latter than the former. So now looking at this market like this, if we break this down, and we're just simply going to go down to a one hour chart, we're
197 +|196 |00:32:34,140 ~-~-> 00:32:42,720 |gonna cut, cut through all the four hour and all that stuff. We're gonna go right to a four hour chart. Okay. And we're looking at this time frame here.
198 +|197 |00:32:43,200 ~-~-> 00:32:55,140 |Okay, since the June of last year, while we're in this shaded area, okay, we are in what would be considered a weekly bullish order flow. Okay. I want you to pay
199 +|198 |00:32:55,140 ~-~-> 00:33:07,110 |attention to when we see order blocks as you understand this already by looking at the scout sniper series. We see a price rally up aggressive. Okay, so in this
200 +|199 |00:33:07,110 ~-~-> 00:33:16,950 |area here in this price, we're just gonna call it 133 25. Okay, when price moves aggressively away from that, okay, notice it did rather sharply. Then we pull
201 +|200 |00:33:16,950 ~-~-> 00:33:26,640 |back down and add a retracement. Now, if you're simply just looking at my videos and reviews, as simply looks like I'm grabbing the best of the best in terms of
202 +|201 |00:33:26,640 ~-~-> 00:33:33,540 |the highs and lows to pull my fib from and then say, look at this move that I caught or look at this move that you could have caught. Okay, or look how great
203 +|202 |00:33:33,540 ~-~-> 00:33:45,840 |and perfect my tools are. Okay, you've gleaned another important central tenant to my understanding of the marketplace by implementing the ICT order blocks,
204 +|203 |00:33:45,870 ~-~-> 00:33:55,230 |okay, we understand how to look at the marketplace and see when institutional sponsorship enters the marketplace. Okay, the first bearish candle right here,
205 +|204 |00:33:55,740 ~-~-> 00:34:10,470 |okay, by applying our understanding that we learned in the scout sniper series, with order blocks, when price moves back down into this area here, this order
206 +|205 |00:34:10,470 ~-~-> 00:34:21,450 |block, that is when we would be looking to be a buyer. Okay. Notice also that the averages are above, okay, the red is above. Now, we don't use the averages
207 +|206 |00:34:21,450 ~-~-> 00:34:31,170 |on a one hour basis, but if you're looking to utilize and that's certainly possible here. Okay. But I guess really I should be removing. I should figure
208 +|207 |00:34:31,170 ~-~-> 00:34:40,440 |moving these these indicators right now because we've already arrived at our understanding of what it is specifically they're going to give us based on a
209 +|208 |00:34:40,440 ~-~-> 00:34:52,290 |weekly chart. Okay, so now we can clearly see looking at study of price. We're in an area where we want to be focusing on buys. Okay. And by having this
210 +|209 |00:34:52,440 ~-~-> 00:35:04,440 |understanding we could be looking to be a buyer when it gets down into a one hour Orbach. Okay. I'm just gonna just quickly pan through I'm not going to try
211 +|210 |00:35:04,440 ~-~-> 00:35:16,950 |to cherry pick anything but you have price, we saw price dropped down in here, okay, we have a rather large order block and again, we discussed why I do not
212 +|211 |00:35:16,950 ~-~-> 00:35:26,310 |like the long wycked candles in here. So you can you could argue that, you know, this would be one here also but again it looks like a spinning top, I want more
213 +|212 |00:35:26,310 ~-~-> 00:35:31,530 |candle, body, okay, so it would be this one here. Okay, so if we apply that.
214 +|213 |00:35:37,380 ~-~-> 00:35:51,780 |Okay, when price drops back down into this area of order block, okay, we saw price rally in here. We saw price rally in here. It dipped in deep here, rallied
215 +|214 |00:35:51,780 ~-~-> 00:36:01,770 |again, even this little area right in here. Okay. It doesn't look like much, but that's the trade that you could take intraday. Okay, that's, that's a favorable
216 +|215 |00:36:01,770 ~-~-> 00:36:09,810 |trade. If you pull a fib from this low to this high, sure, that would be something you could be catching a trade on. And again, all we're doing is simply
217 +|216 |00:36:09,810 ~-~-> 00:36:20,370 |looking at areas of where price action showed a potential to bounce. Okay, we're not looking at the cleanest, you know, major swings and major, you know, price
218 +|217 |00:36:20,370 ~-~-> 00:36:29,970 |points to take every single, major high and low. That's not what I'm teaching here, I'm giving you a means of looking for consistently profitable setups over
219 +|218 |00:36:29,970 ~-~-> 00:36:37,650 |a long sample size, a long period of time, not just giving you the best of the best and cherry picking because that's entirely two different things. Okay,
220 +|219 |00:36:37,650 ~-~-> 00:36:48,360 |that's another whole video series. Moving forward, okay, price, even though we were in this long period of of drawdown in here, okay, in terms of price
221 +|220 |00:36:48,360 ~-~-> 00:36:56,010 |dropping lower and lower and lower. Okay, one could argue, hey, look, you know, I'm not able to get a trade, you know, during this period of time, I can't, I
222 +|221 |00:36:56,010 ~-~-> 00:37:04,890 |can't see any any means of looking to be a buyer in here. And that's fine. Because you know what, this is just one pair of many that you have to choose
223 +|222 |00:37:04,890 ~-~-> 00:37:15,450 |from, simply because I focus on the euro and British Pound doesn't mean that you can't pay attention to other particular pairs. All I'm showing you here is if
224 +|223 |00:37:15,510 ~-~-> 00:37:26,220 |I'm in the Euro, I wanted to be a buyer, okay? If especially if I'm going to be loading up the maximum amount of risk allocation to my trades. Okay, price.
225 +|224 |00:37:26,850 ~-~-> 00:37:36,030 |Let's come back here just a little bit. We have this area consolidation, okay, support resistance, price rallies through it comes back down, almost to an area
226 +|225 |00:37:36,060 ~-~-> 00:37:45,240 |of old high in here, or high as well here comes down and then what does it do? It doesn't spend much time here does it rallies off. Now again, focus on the big
227 +|226 |00:37:45,240 ~-~-> 00:37:55,950 |picture. We are inside of a bullish weekly order flow. Okay, so we want to be seeing these types of events in here. Okay. Price rallies up and it comes back
228 +|227 |00:37:55,950 ~-~-> 00:38:05,460 |down. Where's it rally? Was it dropped down into previous order block right here? Okay, the bearish candle prior to the rally up inside the bearish candle
229 +|228 |00:38:05,580 ~-~-> 00:38:17,760 |again, what is our, our understanding in the marketplace? smart money buys in down markets and they sell in up markets? Okay. relate that to a candle? there?
230 +|229 |00:38:17,820 ~-~-> 00:38:30,330 |Yes, they may be buying in this candle here. Okay, but we're looking inside the bearish candle. Okay, let's zoom in a little bit better. We're looking inside
231 +|230 |00:38:30,330 ~-~-> 00:38:47,220 |this bearish candle prior to this move up. Okay. So by applying that, we can get very precise in terms of where we would anticipate seeing a market move higher.
232 +|231 |00:38:49,110 ~-~-> 00:39:00,840 |Okay, we have a smaller order block here as well. Okay, we saw a price come down into our large or block here. Price rallies. Okay, it comes back. And where's it
233 +|232 |00:39:00,840 ~-~-> 00:39:17,250 |come back to the previous order block right in here. So here's an opportunity to be in here being a buyer. Look how precise these areas of bullish order blocks
234 +|233 |00:39:17,280 ~-~-> 00:39:26,580 |inside of this larger weekly order flow that's bullish, look at the reaction you're getting. Okay. And I want you to pay attention to the dates at the bottom
235 +|234 |00:39:26,580 ~-~-> 00:39:35,580 |of the chart, because you're going to see how many times these setups present themselves. Okay, we have another bearish order block right in here or we could
236 +|235 |00:39:35,580 ~-~-> 00:39:44,880 |use the order order block. Okay, we comes down certainly down into it there. But we're going to be a realist and we're going to say that you're utilizing this
237 +|236 |00:39:44,880 ~-~-> 00:39:55,140 |candle here. I don't like this because it's too Wicky. Okay, so I'll be willing to be a buyer that wants to be broke below the candles. Hi here. Okay. Not new
238 +|237 |00:39:55,590 ~-~-> 00:40:03,840 |words. Yes, this candles highs lower than this one. Okay. So I Dealing with risk would be smaller by utilizing this one, but I want to be sticking to my rules.
239 +|238 |00:40:04,080 ~-~-> 00:40:12,600 |The rules require a little bit more of a body on the down candle in a bullish order block. So how are you utilizing this one? So the price comes down in here.
240 +|239 |00:40:12,600 ~-~-> 00:40:17,340 |Okay, the close on this candle. Let me see if I can get the pull up.
241 +|240 |00:40:24,750 ~-~-> 00:40:30,450 |Give me a hard time now. But it's not much in terms of decline, and we just had
242 +|241 |00:40:41,070 ~-~-> 00:40:51,750 |we'll have to move on the price comes back down into this order block and what does it do it snaps back up again. Okay, and rallies, what I find interesting is
243 +|242 |00:40:51,810 ~-~-> 00:41:02,820 |okay, that price not only comes down into it here, rallies off, okay, but comes back down into it again, inside the same order block. Okay, rallies off again,
244 +|243 |00:41:02,940 ~-~-> 00:41:14,910 |comes back down one more time, when you see this, okay, they're really, really accumulating positions in here. Okay, they're really accumulating positions. Now
245 +|244 |00:41:14,910 ~-~-> 00:41:25,200 |that this is going to answer one of the questions I get a lot, how do I know that price is going to hold a support level? Okay. Well, we have a bullish order
246 +|245 |00:41:25,200 ~-~-> 00:41:33,930 |block here. Okay, and then we're going to do is add a horizontal line. And I think everyone that's watching would agree that this is probably a good level to
247 +|246 |00:41:33,930 ~-~-> 00:41:45,570 |choose, we're going to use a 16 nice round number. We find this support here, we find support here, we find support here. And now we've rallied off, okay? When
248 +|247 |00:41:45,570 ~-~-> 00:41:58,380 |you see the level being accumulated like this inside of an order block inside of an a weekly bullish order flow, okay. That's how I trust the level to be a
249 +|248 |00:41:58,380 ~-~-> 00:42:08,010 |support level and not be violated. Okay? Now, again, because we trade in the gray. In other words, we don't trade with the perfection of black and white, we
250 +|249 |00:42:08,010 ~-~-> 00:42:19,110 |have to tray trade in between that, okay, and it's going to be a lot of times on clear. But we trust our understanding of what the marketplace gives us over a
251 +|250 |00:42:19,110 ~-~-> 00:42:29,100 |large sample size of doing the same thing over and over and over again, building a reference point of trust, and the tools, okay, again, this is the reason why
252 +|251 |00:42:29,100 ~-~-> 00:42:35,550 |you simply can't watch these videos and go out and start making 32% a month, okay, it's not, it's not gonna happen like that, you have to spend some time
253 +|252 |00:42:36,060 ~-~-> 00:42:45,450 |warming up to the tools, owning them, making them your own, okay. But this is the framework that I utilize the trust a support level, if, if the order blocks
254 +|253 |00:42:45,450 ~-~-> 00:42:57,090 |are being respected on the board side, support levels around that order block should maintain, okay, it's that simple. There's no real Voodoo to it. Price
255 +|254 |00:42:57,120 ~-~-> 00:43:08,910 |rallies up strongly. And you can see we had more of a consolidation here. And again, back here, we saw that support level that we have identified here, okay,
256 +|255 |00:43:08,910 ~-~-> 00:43:19,440 |that we expect this to be a solid support line and should maintain price above it. And you see a very, very huge extrapolated move on the upside. Okay, now
257 +|256 |00:43:19,440 ~-~-> 00:43:30,270 |think we're seeing the biggest moves with the shortest amount of time happening going lower or going higher, going higher. Okay. The order blocks in a bullish
258 +|257 |00:43:30,270 ~-~-> 00:43:38,490 |side of the marketplace is being respected, a great deal. And that's what you're looking for. That's the that's behind the peels of the onion, it you're looking
259 +|258 |00:43:38,490 ~-~-> 00:43:47,700 |for, you're investigating not only trading the market and you're investigating on a daily basis, what's being respected. Okay, if you want a weekly order
260 +|259 |00:43:47,700 ~-~-> 00:43:58,170 |block, and I'm sorry, a weekly order flow is bullish. And we have order blocks on a daily four hour and one hour chart being respected. How would you ever feel
261 +|260 |00:43:58,170 ~-~-> 00:44:05,790 |comfortable going short in that condition? Why would you want to do that? Even if you're a day trader? Why would you want to do that? It just goes against the
262 +|261 |00:44:05,790 ~-~-> 00:44:15,600 |grain. Why would you do that? Hopefully with this video series in the previous with the sniper series, you'll see that going against the grain many times is
263 +|262 |00:44:15,600 ~-~-> 00:44:23,160 |just not worth it. Even if it's you know, you because you see something that you've missed on the long side. Well, I wanna I want to be a seller because I
264 +|263 |00:44:23,160 ~-~-> 00:44:32,370 |missed a big moussaka catch me a little bit of retracement Why, why not to sit back and you turn it computers off, go watch a movie, go read a book, go spend
265 +|264 |00:44:32,370 ~-~-> 00:44:39,360 |time with your spouse or kids and then come back and wait for when the market participants are lining up the next move going higher with a bullish order block
266 +|265 |00:44:39,390 ~-~-> 00:44:51,570 |inside this weekly order flow that's bullish. Okay. It gives you that patience factor that's so hard to grab ahold of as a new trader, that that skill set is
267 +|266 |00:44:51,570 ~-~-> 00:45:03,750 |learned by just getting in the marketplace and doing it. And really the patience is honed by the not Doing it okay to doing the lack of thereof of doing it.
268 +|267 |00:45:03,750 ~-~-> 00:45:13,500 |Okay, if you will. So we have price again, giving us more more opportunity. Now again, I'm showing you a completely naked approach. I just gave you one example
269 +|268 |00:45:13,500 ~-~-> 00:45:22,950 |how I classify and qualify a support level or resistance level, same way just reversing it. But we're looking at pure naked trading, absolutely. No
270 +|269 |00:45:23,070 ~-~-> 00:45:35,430 |indicators. Absolutely no Fibonacci, no. pivots, No, none of that stuff. Okay. I want you to look at the inherent nature, price behavior repeats over and over
271 +|270 |00:45:35,430 ~-~-> 00:45:40,680 |and over again. Okay. Price comes down, rallies off sharply. Okay.
272 +|271 |00:45:40,830 ~-~-> 00:45:48,180 |So if you sat down to chart and say, Wow, look at this is it really run up? Many times the new traders Look at this, we're making a bull flag I'm gonna buy
273 +|272 |00:45:48,210 ~-~-> 00:45:58,110 |they'll buy expecting the repeat of this move to here to be replicated here and go up higher. It didn't do it here. You as a professional trader say, Hey, you
274 +|273 |00:45:58,110 ~-~-> 00:46:08,610 |know what, I've watched inner circle traders scout sniper series. And I've now watched his new precision concepts series. I know, this up here. These are
275 +|274 |00:46:08,610 ~-~-> 00:46:18,870 |inflated prices. I'm not paying inflated prices. Okay, I'm not willing to do that. I want to sit back and get a better deal on being a buyer. Okay, because
276 +|275 |00:46:18,990 ~-~-> 00:46:27,750 |think about it. If this is your point of origin down here, okay, this is where the market took off. Inside this bearish candle is where all the Smart Money was
277 +|276 |00:46:27,750 ~-~-> 00:46:35,850 |buying. Granted, they may have been buying more more more here. But I promise you, the majority of their buy order was facilitated during this bearish candle,
278 +|277 |00:46:36,300 ~-~-> 00:46:50,580 |probably if not, if at all majority of it being in the lower third of the candle itself. So if you look at the order block, we add that here to tie the first
279 +|278 |00:46:50,580 ~-~-> 00:47:01,320 |bearish candle going right before the news begin, market drops back down inside of that, okay, and again, I'm not going to apply any Fibonacci here, guys, I
280 +|279 |00:47:01,320 ~-~-> 00:47:11,280 |want this to be pure, and simply focused on the price action alone, I don't want to have any kind of muddled charts, I don't want to look at look like I'm cherry
281 +|280 |00:47:11,280 ~-~-> 00:47:20,130 |picking him and make it look perfect for you. I'm showing you what it is you're looking for, why you're looking for it when you're looking for it. Okay. Again,
282 +|281 |00:47:20,430 ~-~-> 00:47:31,170 |don't lose sight that we're in this larger gray shaded area where what the weekly order flow is bullish. Okay, I could care less if I'm going to be a short
283 +|282 |00:47:31,170 ~-~-> 00:47:41,580 |term trader, or if I'm going to be an intraday swing trader. This is the type of setup that you're looking for. Okay, price comes back down. And we're going to
284 +|283 |00:47:41,580 ~-~-> 00:47:50,550 |look for the order block to be fulfilled as a buy rating here, we dipped back down inside of this, okay, you can pull your fit from here to here, look on your
285 +|284 |00:47:50,550 ~-~-> 00:48:00,150 |daily pivots, look for some confluence of supporting factors around here. But we're also trading about what level the 134 80 level, that's an institutional
286 +|285 |00:48:00,150 ~-~-> 00:48:08,550 |level. That's one we'd like to see. Okay, price bounces off, that comes back down one more time dips into this order block. Now we're going to scroll forward
287 +|286 |00:48:09,360 ~-~-> 00:48:21,570 |and say, You think that's a price reaction that's it's worthy of your attention. Again, we're looking at just simply looking at weekly orderflow as a framework
288 +|287 |00:48:21,600 ~-~-> 00:48:32,010 |of determining where we should be doing our buying or selling. Okay. And by having that we're limiting our focus really only on one side of the marketplace.
289 +|288 |00:48:32,280 ~-~-> 00:48:41,490 |We won't be lulled into thinking we need to be a bear. And we're okay with price moves dropping lower. Okay, because that's doing what for us, it's setting up
290 +|289 |00:48:41,490 ~-~-> 00:48:54,840 |the next potential buy. Okay, and that's a very handsome move for here. And that mean, that's a decent move. That's what is that 1020 3040 5060 7080 almost 90
291 +|290 |00:48:54,840 ~-~-> 00:49:05,040 |pips made available to you to simply using this concept of understanding, higher timeframe order flow, looking for order blocks and lower timeframe to support
292 +|291 |00:49:05,040 ~-~-> 00:49:16,560 |the idea of buying, okay, but more importantly, that goes along with our title this series. Look how precise Okay, look how precise these reactions are
293 +|292 |00:49:16,560 ~-~-> 00:49:32,910 |occurring exactly where we're expecting them to see. I'm going to show you I'm gonna give you a view on how much this is our order block, okay, and it dipped
294 +|293 |00:49:32,910 ~-~-> 00:49:43,770 |down to the tune of what we're good at five pips. It only moves five pips into the order block. Okay, so that means if you're buying inside this order block
295 +|294 |00:49:43,770 ~-~-> 00:49:51,000 |and you're gonna just put a stop below here, we're gonna say 10 pips I'm gonna be fair I could say you know, five pips but I don't want it to be too perfect.
296 +|295 |00:49:51,390 ~-~-> 00:49:58,290 |We're gonna say we're buying right at the order block. Okay, so the more it's going to allow the marketplace to trade to this point, and it's got to go at
297 +|296 |00:49:58,290 ~-~-> 00:50:11,580 |least, I guess in general. mean is about three pips for most retail platforms. But if you if you're buying down here, you're going to get your fill. Here's the
298 +|297 |00:50:11,580 ~-~-> 00:50:29,340 |low and we go 10 pips below that. Your stops around 134 50 Okay, so that's not bad. And it's less than a 30 PIP stop, it's 21 pips to get this type of move. So
299 +|298 |00:50:29,550 ~-~-> 00:50:39,330 |who out in the audience would would say, you know, part my expression but screw you ICT I don't want to make 90 pips and risk 25 you know, how dare you ask me
300 +|299 |00:50:39,330 ~-~-> 00:50:39,960 |something like that
301 +|300 |00:50:40,350 ~-~-> 00:50:49,290 |is that that's the mindset that you know, you should be adopting, okay, going into this because when you're looking for three to one setups like this, it
302 +|301 |00:50:49,650 ~-~-> 00:51:02,220 |really perpetuates your, your equity curve to higher heights than you probably have ever expected to be able to see. Also, again, I can't stress the level of
303 +|302 |00:51:02,520 ~-~-> 00:51:13,500 |confidence that you have, as a trader, when you apply these concepts. routinely, you stay within the rules of what they are requiring you to do. And by looking
304 +|303 |00:51:13,500 ~-~-> 00:51:21,450 |at the marketplace with an understanding of what it is you're doing, why you're doing it, and the times of the day that you're expecting these things occur as
305 +|304 |00:51:21,450 ~-~-> 00:51:32,220 |well. Okay. So again, I'm not trying to give you the whole recanting of the sniper series here, but go back through that video series. If you've if you've
306 +|305 |00:51:32,220 ~-~-> 00:51:40,140 |gone through it once or twice, do it again. And then come back to this video series one more time and I promise you the ideas will dovetail so uniformly,
307 +|306 |00:51:40,260 ~-~-> 00:51:45,390 |when you look at the price charts, you're going to absolutely fall off your chair and say, You know what, man, this has been right here the whole time
308 +|307 |00:51:45,390 ~-~-> 00:51:54,600 |staring me in the face, but you don't understand it. It's like reading music. Okay. I couldn't read music to save my life. Okay, I have a I have a son that
309 +|308 |00:51:54,600 ~-~-> 00:52:06,780 |plays the trombone. Why he picked that instrument? I don't know. But he can read sheet music. And to me it looks like it's in hieroglyphic form. I can't get
310 +|309 |00:52:06,810 ~-~-> 00:52:13,980 |anything out of that stuff. But he can look at the sheets. Oh, yes, they do. And he starts playing it right away. When you look at the the price charts, okay.
311 +|310 |00:52:16,050 ~-~-> 00:52:27,450 |Linda, from the book, street smarts made a very good analogy. She She plays piano and she views the marketplace as like reading musical notes. Okay, and she
312 +|311 |00:52:27,450 ~-~-> 00:52:38,370 |knows how to interpret what it is that price charts. are you communicating to her? To me, I just look at price. You know how I communicate to you I adopted
313 +|312 |00:52:38,400 ~-~-> 00:52:47,880 |this sniper persona, not because it sounds cool. And I'm a guy, it just happens to be a bonus. But to me, it just makes perfect sense. I lie in wait, I want to
314 +|313 |00:52:47,880 ~-~-> 00:52:59,730 |see price come to me. When that pray steps into my scope. It's going down. Okay, I might have to shoot one more time to ultimately get it. Okay. But I'm going to
315 +|314 |00:52:59,730 ~-~-> 00:53:09,750 |shoot, nonetheless, what steps into my scope. I'm not painting all around with my scope. Okay, I'm waiting for it to come out in the clear that specific time
316 +|315 |00:53:09,750 ~-~-> 00:53:17,940 |because I've done my reconnaissance, I've waited for this thing to drop down. Okay, I've waited for it to come down into a time where it shows a pattern to
317 +|316 |00:53:17,970 ~-~-> 00:53:26,160 |repeatedly come back to over and over again, like a mouse going to cheese, okay. When it comes down to this timeframe, and it enters what time frame of the day.
318 +|317 |00:53:27,060 ~-~-> 00:53:37,740 |This is during the London clothes. This is a timeframe where we expect things to happen. Okay. So when you see that there's a reason to expect the markets to do
319 +|318 |00:53:37,740 ~-~-> 00:53:44,820 |something not simply because well, I got off work early, or I think like I was sick and got a stomach flu. A boss thinks I'm going to bed but I'm really going
320 +|319 |00:53:44,820 ~-~-> 00:53:53,040 |home to trade British Pound because, you know, the last video I saw just asked me so stoked on the extra money. That's not what that's no, that's no way to
321 +|320 |00:53:53,040 ~-~-> 00:54:00,780 |trade. There's no way to go into this business. Okay? Again, you want to be completely focused as to what it is you're doing, why you're doing it when
322 +|321 |00:54:00,780 ~-~-> 00:54:08,580 |you're doing it with a premise behind it that is unmovable. Regardless of what I say in the forums, what I say in my videos, what I say in my commentary what
323 +|322 |00:54:08,580 ~-~-> 00:54:17,520 |anybody else says doesn't matter who they are, okay? It does not matter. You are unwavering in your analysis, you stick to it. That's when you move to a whole
324 +|323 |00:54:17,520 ~-~-> 00:54:26,070 |new level of trading, where it just can't be understood. Until you get to that point. When you arrive at that level, you'll know exactly what it means to be
325 +|324 |00:54:26,220 ~-~-> 00:54:36,060 |completely confident and unshaken. Now, it doesn't mean you're trading with 100% accuracy. This means that when your loss comes, it doesn't affect you because
326 +|325 |00:54:36,060 ~-~-> 00:54:42,870 |number one, you know that they're going to be minimal. They're going to be controlled, they're going to get the lower spectrum of overall risk to your
327 +|326 |00:54:43,290 ~-~-> 00:54:55,470 |asset. I'm sorry, you're out your equity. So you have limited to a total percentage. You've totally limited it to the number or frequency of trading
328 +|327 |00:54:55,500 ~-~-> 00:55:03,360 |you've limited it to to agree that you're only going to be focusing on one side of the mark. Place, you're only going to be doing specific trades a specific
329 +|328 |00:55:03,360 ~-~-> 00:55:09,660 |time of day, a specific day of the week, because we don't like to trade on Mondays, we don't like to trade on Sundays. And we don't like to trade on
330 +|329 |00:55:09,660 ~-~-> 00:55:18,690 |Fridays, we've really focused on the sweet spot, if you will, to cherry pick Tuesday, Wednesday and Thursday setups, okay. Now it doesn't mean you can't take
331 +|330 |00:55:18,690 ~-~-> 00:55:25,590 |a Monday trade, it doesn't mean you can't take off trade on Friday. But I certainly advise you not to take a trade on Sunday, because it's simply not
332 +|331 |00:55:25,590 ~-~-> 00:55:33,780 |enough liquidity to facilitate sound trading. Let's continue to move I'm going another rabbit trail, apologize, I'm very passionate about this stuff.
333 +|332 |00:55:34,080 ~-~-> 00:55:39,810 |Obviously, you can hear that in my my delivery every time I get in here and start teaching versus just doing a market review. But
334 +|333 |00:55:40,860 ~-~-> 00:55:57,960 |we have this order block as well. Price comes back down into this order block. And we could borrow this level here make another copy of a little trendline here
335 +|334 |00:56:01,200 ~-~-> 00:56:13,890 |and add it to our bearish candle of our bullish order block. Again, we're looking for the speed at which it moves away from the level that is a qualifier
336 +|335 |00:56:13,890 ~-~-> 00:56:26,820 |for these, okay. And we're also looking at the time at which it's spent at that. Okay. If it's meandering around, okay, it's managing around long period of time,
337 +|336 |00:56:26,820 ~-~-> 00:56:35,850 |okay. That's not a lot of institutional buying that you're gonna be able to measure. Okay, you won't be able to see that as a footprint in a chart, if you
338 +|337 |00:56:35,850 ~-~-> 00:56:45,720 |will, of smart money. This is an elephant footprint. Okay, but we're already established in a long position. So we expected this. Okay. price drops back
339 +|338 |00:56:45,720 ~-~-> 00:56:57,600 |down, were to drop into previous order block. Okay, boom. Not much in terms of movement below that trendline. Okay, delineating our order block, and price
340 +|339 |00:56:57,600 ~-~-> 00:57:10,500 |rallies off again. Okay. So just in a quick span of 15 minutes, we've shown several opportunities in a short period of time, very consistent, very
341 +|340 |00:57:10,560 ~-~-> 00:57:21,510 |aggressive, very explosive. price moves on the upside, just focusing on what side of the market. Remember, we're inside this shaded area, the shaded areas
342 +|341 |00:57:21,510 ~-~-> 00:57:31,500 |indicating what we were on weekly bullish orderflow. Again, we're trusting the fact that the weekly order flow is going to stay intact. Yes, we're willing to
343 +|342 |00:57:31,500 ~-~-> 00:57:41,850 |allow the market to drop down. But we view every decline as a potential buying opportunity. If it qualifies time. And price theory, if it qualifies goes into a
344 +|343 |00:57:42,270 ~-~-> 00:57:52,290 |daily four hour or one hour order block that's bullish. Okay. See how these things start to dovetail, you start understanding it when you see it over and
345 +|344 |00:57:52,290 ~-~-> 00:57:59,460 |over again, it's simply this not enough me showing you the examples in hindsight, this, when you start seeing it in real time, it's amazing how fast
346 +|345 |00:57:59,610 ~-~-> 00:58:10,890 |your understanding grows exponentially, because you're actually putting these concepts to practice. Okay? We have another decline in here, okay. And were to
347 +|346 |00:58:10,890 ~-~-> 00:58:17,610 |dip down into a previous order block, right in here. Let's bar this level.
348 +|347 |00:58:28,230 ~-~-> 00:58:40,800 |Okay. Price comes right down into that level, boom. Okay. Now, again, this is the reason why you have to always incorporate the spread, you have to do that.
349 +|348 |00:58:40,950 ~-~-> 00:58:48,210 |Okay. And I'm resisting the urge that I just really want to grab a Fibonacci just to justify this setup here. But I'm going to refrain from doing that you
350 +|349 |00:58:48,210 ~-~-> 00:58:57,210 |can do that in your own charts. Okay, but looking at the overall price structure, okay, from low to high. You'll see all of what you need to see in
351 +|350 |00:58:57,210 ~-~-> 00:59:06,150 |here in terms of developing the entry point for this particular setup. If you were looking to trade it, I'm going to ask you real quick look to the right. And
352 +|351 |00:59:06,150 ~-~-> 00:59:18,930 |what price level is this reaction occurring it? That's correct. It's at the 135 big figure. Okay, ready to hear boom. And it blasts off. Now again, this is this
353 +|352 |00:59:18,930 ~-~-> 00:59:28,770 |is what I want you to really walk away from this module with Yes, price moves from this high down to this low. Okay, granted, those that were indicating
354 +|353 |00:59:29,430 ~-~-> 00:59:38,820 |bearishness up here it may be when shored up here. Okay, wrote this down. Sure. Wonderful. I applaud you. Okay. It was slow meandering eventually got down to
355 +|354 |00:59:38,820 ~-~-> 00:59:47,580 |it. Okay, but eventually what happened? Boom, two professionals stepped in and did what bought the bargain pricing. Okay, just like they did down here. price
356 +|355 |00:59:47,580 ~-~-> 00:59:59,040 |dropped down into a bargain. Boom, took off. price dropped down, lower boom took off. Okay. These declines, are not retail sellers pushing the market lower.
357 +|356 |01:00:00,030 ~-~-> 01:00:08,640 |Okay, here's an here's a little nugget for you to keep in your notes when you're in a bullish condition, okay, expecting higher prices, when you see prices
358 +|357 |01:00:08,640 ~-~-> 01:00:22,230 |dropping lower. Okay? That's not indicative of smart money selling. In fact, it's a contrary, it's the lack of smart money buying, okay, retail market
359 +|358 |01:00:22,230 ~-~-> 01:00:33,540 |traders do not move the marketplace. Okay, we're just fleas on the big dogs. This price action is in parently directly related to the absence of large
360 +|359 |01:00:33,540 ~-~-> 01:00:45,210 |institutional buying much in the same capacity See here, here and here. Okay, so when you see declining markets when its overall bullish, as we've outlined here,
361 +|360 |01:00:46,140 ~-~-> 01:00:56,130 |again, these should be like red neon signs flashing Hello, hello, are you paying attention, okay, because this is about to go up and you need to be looking for
362 +|361 |01:00:56,160 ~-~-> 01:01:05,610 |the institutional order block that this next price swing should be anchored to. Okay, and we're gonna talk more about that when we get into the second module in
363 +|362 |01:01:05,610 ~-~-> 01:01:18,780 |this series, but for now, let's continue moving forward. Okay, we have a bullish order block in here price didn't spend much time here it takes off rallies,
364 +|363 |01:01:18,990 ~-~-> 01:01:28,530 |okay, when drops back down into what the previous order block, we have a nice little pop in the marketplace right in here. Okay, eventually, we again we move
365 +|364 |01:01:28,530 ~-~-> 01:01:38,250 |back into a decline in the marketplace again, there's no more new buying up in here. So what's going to happen the markets gonna reprice and go lower, okay?
366 +|365 |01:01:38,520 ~-~-> 01:01:45,990 |Now, a neophyte will see this and say man, look at this thing this is going straight to hell. I'm going to go in here and sell to maximum money that my
367 +|366 |01:01:45,990 ~-~-> 01:01:53,280 |account will permit me to do okay, and because they saw this big bearish candle, okay, and they want to chase it because they're thinking this is some kind of a
368 +|367 |01:01:53,280 ~-~-> 01:02:00,510 |high Okay, or they watched my video and or read street smarts and said this is that three Indian pattern and last time we did that it moved 1000 points. So I'm
369 +|368 |01:02:00,510 ~-~-> 01:02:11,400 |going to go short and bet the farm okay. You as a professional should not be thinking that okay, what are you going to be doing? You're going to expect the
370 +|369 |01:02:11,400 ~-~-> 01:02:23,310 |market to move again higher moving from a bearish tone to bullish tone. Okay. We moved into a bullish order block right here
371 +|370 |01:02:30,510 ~-~-> 01:02:44,070 |did not dip into it. Okay. We did eventually trade down into it here right in here, but this there's nothing really to base this on we had a consolidation
372 +|371 |01:02:44,760 ~-~-> 01:02:54,480 |Okay, which means below here would be stops okay. And we talked about this and this might be the sniper series where if we have a consolidation like this,
373 +|372 |01:02:54,720 ~-~-> 01:03:03,060 |okay, the dealers are working both sides of the range and we're looking for is there's going to be eventually there's going to be an imbalance of buys and
374 +|373 |01:03:03,060 ~-~-> 01:03:15,420 |sells okay. And wherever the most liquidity is, is to be harvested from In other words, the path of least resistance this is this is called that we've seen the
375 +|374 |01:03:15,420 ~-~-> 01:03:24,630 |market rallying rallying rallying stops will be below this low here. Okay. So yes, there's a small pocket sample here, but really, it's this point right here.
376 +|375 |01:03:25,080 ~-~-> 01:03:35,970 |Okay, so eventually the market will dip down below as we see here. And we drop back a little bit you can see is that that was just referring to is just a two
377 +|376 |01:03:36,030 ~-~-> 01:03:42,930 |points of reference that we talked about. It's that previous order block Yes, we eventually traded down into it, but this is too much of a break in market
378 +|377 |01:03:42,930 ~-~-> 01:03:54,600 |structure. Okay, to facilitate not at least waiting for this market to come down at least run these stops or maybe even a lower level stop area. Okay, and price
379 +|378 |01:03:54,600 ~-~-> 01:04:05,430 |comes down into that level rallies one more time. And again, we move back into an area where we start hunting bullish order blocks. Here's one in here where
380 +|379 |01:04:05,430 ~-~-> 01:04:15,600 |price rallies up sharply comes back down into the previous bearish candle rallies one more time we have another one in here we have the price rallying up
381 +|380 |01:04:15,630 ~-~-> 01:04:29,970 |to the bearish candle prior to it where the smart money would be indicative of the bull camp. We could be placing that right there it'd be nice if I left it
382 +|381 |01:04:29,970 ~-~-> 01:04:38,580 |there and it dropped its price comes down into that order block again and what does it do it rise off sharply. Okay, we have another one in here. bearish
383 +|382 |01:04:38,610 ~-~-> 01:04:47,520 |candle price rallies up drops back down into this previous order block rallies one more time. Okay. And again, these are like 50 PIP moves guys I mean, these
384 +|383 |01:04:47,520 ~-~-> 01:04:57,030 |aren't little 10 PIP five Pip. You know one hit wonders these are. These are something you can build careers off of on a one shot one kill basis. If you
385 +|384 |01:04:57,030 ~-~-> 01:05:04,440 |catch this one of these a week with the right amount of equity Management, you can build a career on this, okay? And it's important that you understand it
386 +|385 |01:05:04,440 ~-~-> 01:05:14,820 |because a lot of guys trades is simply fixed. fixed percentage of account trading. In other words, they only have a certain number of lots always on, they
387 +|386 |01:05:14,820 ~-~-> 01:05:22,080 |don't do anything more than that. Okay? And there's no reason why you should fear compounding your returns, if you understand what it is you're doing, it
388 +|387 |01:05:22,080 ~-~-> 01:05:32,790 |just takes a short period of time 18 to 24 months, you can't even imagine what that does numerically, to an equity curve. If you're properly positioned each
389 +|388 |01:05:32,790 ~-~-> 01:05:45,660 |time and keeping your risk small, aiming for three to one setups. It's absolutely astonishing what you can do. The market breaks down, okay, and we
390 +|389 |01:05:45,660 ~-~-> 01:05:53,100 |don't really have anything here without going to a hard timeframe. Okay, but I'm gonna stick within this one hour timeframe. Okay, we saw price rally up sharply.
391 +|390 |01:05:56,070 ~-~-> 01:06:05,610 |We have a bullish order block in here price rallies away, dips back down into it again, and we're able to capture this move. Okay, using the tools. Again, I'm
392 +|391 |01:06:05,610 ~-~-> 01:06:14,340 |leaving out this because I could make the case because I actually did this trade in in a Live account. But there's other indications back in here that you could
393 +|392 |01:06:14,370 ~-~-> 01:06:25,560 |use on a higher four hour and daily chart to understand what we did here. That's not the point of this installment here. But you have another rally in price.
394 +|393 |01:06:26,340 ~-~-> 01:06:37,980 |Again, focusing on what the bullish side of the marketplace because we're in a weekly bullish order flow. It's 127 pips right there. We have another bullish
395 +|394 |01:06:37,980 ~-~-> 01:06:38,700 |order block.
396 +|395 |01:06:45,810 ~-~-> 01:06:56,430 |Okay, right here didn't quite get into it. And we start consolidating this this is something where if you see this exit price rally out like this, and it's
397 +|396 |01:06:56,430 ~-~-> 01:07:03,000 |consolidating like this, okay, the first thing you want to be questioning is okay, where's the stops because that's the that's the next thing they're going
398 +|397 |01:07:03,000 ~-~-> 01:07:12,300 |to be doing you're gonna be looking for where the run out to participants or suck them into a long period of correction. So there stops above the market and
399 +|398 |01:07:12,300 ~-~-> 01:07:25,560 |there's this low right here. So everyone that's long we're going to be looking at this low and this low to be anchoring our protective stops there ran their
400 +|399 |01:07:25,560 ~-~-> 01:07:42,990 |ran okay, but we have this range from this low to this high with this bearish candle as a bullish order block on this drop that their price comes down right
401 +|400 |01:07:42,990 ~-~-> 01:07:57,360 |into it works around that level. Okay eventually goes into non consolidation you learned in a sniper series that we look for a raid ran stops and then move
402 +|401 |01:07:57,360 ~-~-> 01:08:06,540 |lower. Okay, so there's really nothing in here to indicate any kind of bullishness even though that we dropped down into the level we didn't see the
403 +|402 |01:08:06,540 ~-~-> 01:08:15,840 |the rally outside of this here because again, I could say well look you know, we have it okay because this is a bearish candle prior that move higher and we dip
404 +|403 |01:08:15,840 ~-~-> 01:08:24,540 |back down into it, but again, I disqualify this because if it's long wick like that, I don't like that. Okay, I want to see a big bowl body candle Okay, you
405 +|404 |01:08:24,540 ~-~-> 01:08:34,170 |can have a little bit of a wick but I must say majority of the candle be a body something like this here that would be indicative of an ICT ball or block but
406 +|405 |01:08:34,170 ~-~-> 01:08:42,210 |because we had this big long wick even though it did dip down and this could be argued it would have been profitable. This is not a trade that I would see using
407 +|406 |01:08:42,210 ~-~-> 01:08:56,550 |the tools and outline as we have been discussing. Okay we have price come down rally off dip back down into a nice order block in here. Okay rallies up and we
408 +|407 |01:08:56,550 ~-~-> 01:09:09,930 |have an order block here. We did get that one. Okay. rallies off again. And actually there's several of them in here. If you just go through and look at it.
409 +|408 |01:09:09,930 ~-~-> 01:09:23,910 |There's many of these scenarios where you can catch what is that tois between 25 and 40 pips each each successive retracement back into a previous order block.
410 +|409 |01:09:24,300 ~-~-> 01:09:36,000 |Okay. And this moving forward would speed this up a little because we're spending a lot more time than I want on this module. We have a bullish order
411 +|410 |01:09:36,000 ~-~-> 01:09:50,970 |block in here price comes down to it rallies again. Realize again Okay, we have a bullish order block here. Prior to the rally up it does back down into this
412 +|411 |01:09:50,970 ~-~-> 01:09:58,110 |order block rallies up. Okay, there's another 50 pips or more rally in here.
413 +|412 |01:10:09,990 ~-~-> 01:10:18,870 |That's too much of a wick there. This one's nice in here, price rallies away, comes back down into previous order block rallies up just this move alone.
414 +|413 |01:10:23,580 ~-~-> 01:10:32,670 |That's 32 pips right here, again, you know, in the right hands, it's simply, you know, amazing what you could do with that type of move over and over and over
415 +|414 |01:10:32,670 ~-~-> 01:10:41,970 |again consistently. We have a nice bullish order block right here. And yes, there has, there's a wick here and a little bit Wick here. But majority, there's
416 +|415 |01:10:42,000 ~-~-> 01:10:52,800 |a lot of body in here, which is what I like I would use that as a bullish order block right in here. And this one, even though we do have a sharp, reversal, and
417 +|416 |01:10:52,800 ~-~-> 01:11:08,250 |slam lower, we had 60 plus pips that made available, okay, running out of previous high as a as an area to take a trade with. And I'll just scroll through
418 +|417 |01:11:08,250 ~-~-> 01:11:24,510 |a little bit faster here. So a lot of real quick snaps higher. We have a bullish order block here, price rallies drops back into it, it could be a buyer in here,
419 +|418 |01:11:24,990 ~-~-> 01:11:40,500 |and up to here. So that's about 30 pips or more in here as well. Okay. And I know a lot of you, if you're anything like I was when I first started, okay, it
420 +|419 |01:11:40,500 ~-~-> 01:11:49,260 |would piss me off that if I went long in here, okay, and made money. Maybe I did get out of the profit waxen. But then it does this type of move here. It would
421 +|420 |01:11:49,260 ~-~-> 01:11:58,170 |piss me off that I didn't participate in this move. It would participate. It pissed me off if I didn't participate in this move here. If I was being long
422 +|421 |01:11:58,230 ~-~-> 01:12:10,020 |around that same timeframe in my counsel to you is to let it go, man, you're not going to catch every move. Okay? Nobody does. nobody's doing it. Okay, there's
423 +|422 |01:12:10,020 ~-~-> 01:12:18,840 |no superstar trader out there that's catching low, high, low hot makeup, come on. It's unrealistic. nobody's doing that. Okay, nobody's doing it. You might
424 +|423 |01:12:18,840 ~-~-> 01:12:25,260 |get a hot look in the market where you're catching this and that, but you're not on the level of every swing high and every spring? Well, you're not getting
425 +|424 |01:12:25,260 ~-~-> 01:12:31,500 |that, okay. And you don't need that. You just need a small segment of the marketplace, over and over and over again, that you constantly go back to and
426 +|425 |01:12:31,500 ~-~-> 01:12:41,700 |harvest. And that's all you need. Okay. Here's a nice little classic scenario here. Price comes down, rallies off sharply doesn't spend much time down here.
427 +|426 |01:12:41,700 ~-~-> 01:12:52,530 |Here's your bullish order block comes down into a very handsomely being a buyer here. Okay. And moving forward. I think that's pretty explanatory right there.
428 +|427 |01:12:53,850 ~-~-> 01:13:04,020 |We have a nice bullish order block here, price rallies off, comes back down into the order block right here. And one more time here. Okay. And I think this is
429 +|428 |01:13:04,020 ~-~-> 01:13:15,960 |pretty agreeable in terms of aggressive move higher. Okay, and again, this, that's what I'm trying to indicate, yes, we have these little drops down, and
430 +|429 |01:13:15,960 ~-~-> 01:13:23,490 |little drops down here. Okay. If you're, if you're short, that's wonderful. Okay, but this is what I'm looking for. This is what I'm hunting. That's what
431 +|430 |01:13:23,490 ~-~-> 01:13:30,510 |I'm trying to get you the look at. If I could take my perspective in the marketplace and take it out and clone it, and put it in a way where you guys can
432 +|431 |01:13:30,510 ~-~-> 01:13:37,710 |download, I would love to be able to do that because it would first of all, make my job easier as opposed to hurt but it would make your job a lot easier also,
433 +|432 |01:13:37,710 ~-~-> 01:13:49,080 |because you would know specifically what it is that you're trying to filter out. And what you're specifically focusing on, okay. And again, you will have scrub
434 +|433 |01:13:49,080 ~-~-> 01:14:00,390 |through you can see going through there's many opportunities where the marketplace gives you several buying obtains like there's one in here, this
435 +|434 |01:14:00,390 ~-~-> 01:14:08,850 |larger order block here we dipped into came only back down into it again. We have this order block as well, where we dropped down into it, look how
436 +|435 |01:14:08,850 ~-~-> 01:14:17,220 |aggressively it moved lower. Okay, when you see this, I can't tell you if you're watching this on a five minute chart, this is scaring the hell out of you. If
437 +|436 |01:14:17,220 ~-~-> 01:14:24,600 |you're long, you're getting out, you're not gonna stay in that you're gonna be looking for thinking can continue to go lower. But what is it doing? It's
438 +|437 |01:14:24,630 ~-~-> 01:14:37,530 |rapidly getting down to an area of where liquidity rests. There's a large pocket in this area. Okay, because they did their buying here. It rallied off came back
439 +|438 |01:14:37,530 ~-~-> 01:14:48,960 |down. Okay, I'm dealing at a bank. I need to move currency. Right now. There's simply not enough buyers in this area. But there's a large pool of willing
440 +|439 |01:14:48,960 ~-~-> 01:14:58,620 |buyers down here. Are they looking at Ananda? Are they looking at FX cm buyers? No, they're not okay. They're looking at on the bank institutional level. Okay,
441 +|440 |01:14:58,620 ~-~-> 01:14:59,970 |who's willing to be buying down
442 +|441 |01:15:00,420 ~-~-> 01:15:08,940 |Okay, so they're going to take price and repriced, down to these levels, knowing that that's where the liquidity is. And because of their interest is so vast and
443 +|442 |01:15:08,940 ~-~-> 01:15:17,160 |large, when it gets down here doesn't spend much time it takes off and rallies, okay? Because their blocks are a lot larger than we could ever imagine on a
444 +|443 |01:15:17,160 ~-~-> 01:15:31,680 |retail level. Price continues to move higher. And again, we have multiple opportunities where order blocks are being respected. Okay, and it's just, it's
445 +|444 |01:15:32,220 ~-~-> 01:15:40,380 |an exercise that you need to do on your own, going through the charts, as we just did here. Again, maintaining the level of observation that we're in this
446 +|445 |01:15:40,380 ~-~-> 01:15:50,130 |shaded area, stealth and no worries, we're focusing only on the buy side. Okay, we're only looking for opportunities where bullish market orders I'm sorry, were
447 +|446 |01:15:50,130 ~-~-> 01:16:03,210 |blocked, rather, are clearly seen them being respected and in rallying off bullish order blocks being respected and rallying off. Okay. You can watch any
448 +|447 |01:16:03,210 ~-~-> 01:16:10,920 |video course out there, you can watch any mentor after talking about what makes the market move around. What does this and what does that okay, but I'm gonna
449 +|448 |01:16:10,920 ~-~-> 01:16:20,550 |tell you right now, if they don't have this understanding behind them what it is that they're doing, they're just blind luck, okay? Because without institutional
450 +|449 |01:16:20,550 ~-~-> 01:16:30,720 |sponsors that behind price moves, we have nothing. retail market traders do not move the marketplace. You have to be positioned on the heels and coattails of
451 +|450 |01:16:30,720 ~-~-> 01:16:40,920 |those participants that have number one, the cash flow to be able to move the marketplace and also they have the brains behind the whole move. Okay. So
452 +|451 |01:16:40,920 ~-~-> 01:16:44,460 |hopefully it's been insightful to you guys and wish you good luck and good trading.
4 4  
5 -2
6 -00:01:13,890 ~-~-> 00:01:17,070
7 -trading concepts video series. This is part one of three.
8 -
9 -3
10 -00:01:18,060 ~-~-> 00:01:23,160
11 -We're gonna be doing very short modules on specific, concise
12 -
13 -4
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15 -concepts on how to implement price action in your trading,
16 -
17 -5
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19 -and how it could be an assistance to you gaining much more
20 -
21 -6
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23 -consistency and the results that you're most likely striving
24 -
25 -7
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27 -for in your trading.
28 -
29 -8
30 -00:01:39,690 ~-~-> 00:01:41,880
31 -So what are we gonna be looking at in this volume? Well,
32 -
33 -9
34 -00:01:41,910 ~-~-> 00:01:45,120
35 -we're gonna be looking at weekly order blocks and order
36 -
37 -10
38 -00:01:45,120 ~-~-> 00:01:49,110
39 -flow. Now a lot of folks have been pretty excited about the
40 -
41 -11
42 -00:01:49,110 ~-~-> 00:01:53,910
43 -release of the ICT order blocks on a daily and intraday
44 -
45 -12
46 -00:01:53,940 ~-~-> 00:01:58,170
47 -basis, but you'll be surprised to find that this is actually
48 -
49 -13
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51 -occurring on all timeframes.
52 -
53 -14
54 -00:02:00,269 ~-~-> 00:02:03,779
55 -But the order blocks that's found on the weekly charts are
56 -
57 -15
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59 -many times overlooked by the neophyte trader and those that
60 -
61 -16
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63 -are quote unquote, technical analysts. And as it relates to
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65 -17
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67 -trading,
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69 -18
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71 -we're gonna be looking at how utilizing the weekly order
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75 -blocks and the order flow on a weekly basis, can really
76 -
77 -20
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79 -direct your attention to low risk, high probability setups,
80 -
81 -21
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83 -and they're derived from the higher timeframe perspectives.
84 -
85 -22
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87 -Now, that's very important because, again, if you look at
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89 -23
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91 -the results of the retail trader as a collective whole, it's
92 -
93 -24
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95 -not surprising to see that the large magnitude of drawdown
96 -
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99 -and or all together bust that is a company with the new
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101 -26
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103 -startups that enter our business of trading. Now, let's face
104 -
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107 -it a spectral SPECT kilolitres you know, we have
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111 -let's face it as specular
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115 -So we run into a lot of adversity. And if you don't have a
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119 -very concise plan of action going in from the beginning, the
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123 -emotional aspect of losing money and or even gaining money
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127 -because if you're a new trader, if you've ever felt that
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131 -exhilarating feeling of seeing profits, you start moving
132 -
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135 -into your account. That's just many times this is numbing as
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139 -you're taking a loss. You don't know what to do should you
140 -
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143 -hold for higher prices or lower prices if you're short, or
144 -
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147 -should just get out and panic and be glad you've made
148 -
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151 -something.
152 -
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155 -There's a lot of, you know, uncertainty when it comes to
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159 -trading. So when you have a clear, concise plan of what it
160 -
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163 -is specifically you're looking for, and why you're looking
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167 -for it, it removes a lot of the uncertainty that plagues the
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171 -neophyte and or new trader. If you've been trading for a
172 -
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175 -long period of time, I think if you start adopting this
176 -
177 -45
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179 -mindset and looking at your charts with this
180 -
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183 -concept in mind, I'm pretty much guarantee you're going to
184 -
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187 -see a whole new level of trading that you're probably not
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189 -48
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191 -accustomed to.
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193 -49
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195 -Now, it's important that we reiterate and you've seen me
196 -
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199 -mention this many, many times in my ether weekly updates,
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203 -video form, or in my commentary posted on numerous forums
204 -
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207 -that you've seen me participate in, but the large
208 -
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211 -institutions and or banks are basing the majority of their
212 -
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214 -00:04:27,240 ~-~-> 00:04:30,810
215 -trades from these charts, okay. And these charts again
216 -
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219 -referring to the weekly and or quote unquote, higher
220 -
221 -56
222 -00:04:33,150 ~-~-> 00:04:34,620
223 -timeframe analysis.
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225 -57
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227 -Again, assume for a moment that a large bank is looking to
228 -
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231 -move a large block of specific currency. Are they going to
232 -
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235 -be looking at one and five minute chart to do so? Absolutely
236 -
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239 -not. They need the liquidity that the larger order blocks
240 -
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242 -00:04:52,710 ~-~-> 00:04:56,040
243 -will present them when these higher timeframe charts because
244 -
245 -62
246 -00:04:56,520 ~-~-> 00:05:00,000
247 -their orders are so vast and so large. It's an
248 -
249 -63
250 -00:05:00,000 ~-~-> 00:05:03,510
251 -important that they have the liquidity to help facilitate
252 -
253 -64
254 -00:05:03,510 ~-~-> 00:05:07,710
255 -their trades. Many times, their orders have been broken up
256 -
257 -65
258 -00:05:07,740 ~-~-> 00:05:12,750
259 -into modular blocks. Now just like us, we're looking for
260 -
261 -66
262 -00:05:12,780 ~-~-> 00:05:16,380
263 -hopefully, like us as a professional minded trader, we're
264 -
265 -67
266 -00:05:16,380 ~-~-> 00:05:21,060
267 -looking for opportunities to buy at wholesale prices, okay
268 -
269 -68
270 -00:05:21,060 ~-~-> 00:05:25,560
271 -and sell to retail prices. We want to be able to get in like
272 -
273 -69
274 -00:05:25,590 ~-~-> 00:05:26,730
275 -the Smart Money does.
276 -
277 -70
278 -00:05:27,780 ~-~-> 00:05:32,010
279 -We want to be buying when the street money is selling, and
280 -
281 -71
282 -00:05:32,010 ~-~-> 00:05:34,980
283 -we want to be selling when the street money's buying. It's
284 -
285 -72
286 -00:05:34,980 ~-~-> 00:05:39,120
287 -just that simple. The way we do that is not to pretend to be
288 -
289 -73
290 -00:05:39,120 ~-~-> 00:05:43,470
291 -smarter than we really are. Not to have a false hope and
292 -
293 -74
294 -00:05:43,470 ~-~-> 00:05:48,060
295 -trust in math oriented indicators is useful as they may seem
296 -
297 -75
298 -00:05:48,060 ~-~-> 00:05:52,230
299 -in hindsight, we have to look for the telltale signs and
300 -
301 -76
302 -00:05:52,230 ~-~-> 00:05:55,620
303 -fingerprints that's left in the charts, that the smart money
304 -
305 -77
306 -00:05:55,620 ~-~-> 00:05:59,250
307 -has, in fact, participated in a specific move.
308 -
309 -78
310 -00:06:00,299 ~-~-> 00:06:03,749
311 -We've shown how that's identified in the inner circle trader
312 -
313 -79
314 -00:06:03,749 ~-~-> 00:06:07,859
315 -scout sniper Field Guide series. And I'm going to touch
316 -
317 -80
318 -00:06:07,889 ~-~-> 00:06:11,579
319 -briefly on some of those central tenants in that series. But
320 -
321 -81
322 -00:06:11,579 ~-~-> 00:06:13,979
323 -it's important. If you haven't really gone through that
324 -
325 -82
326 -00:06:13,979 ~-~-> 00:06:17,669
327 -video series, I invite you to really don't watch this video
328 -
329 -83
330 -00:06:17,669 ~-~-> 00:06:19,439
331 -series because there's really not going to be any benefit to
332 -
333 -84
334 -00:06:19,439 ~-~-> 00:06:22,559
335 -you without having the understanding that that previous
336 -
337 -85
338 -00:06:22,559 ~-~-> 00:06:24,809
339 -series gives you. And
340 -
341 -86
342 -00:06:26,100 ~-~-> 00:06:28,650
343 -by having that mindset coupled with what we're learning
344 -
345 -87
346 -00:06:28,650 ~-~-> 00:06:32,730
347 -here, your trading is actually we're going to go to a whole
348 -
349 -88
350 -00:06:32,730 ~-~-> 00:06:37,020
351 -new level and I promise you, there's very few promises that
352 -
353 -89
354 -00:06:37,020 ~-~-> 00:06:40,380
355 -I make in my materials. But I promise you if you start
356 -
357 -90
358 -00:06:40,410 ~-~-> 00:06:44,490
359 -implementing these three components to your trading and your
360 -
361 -91
362 -00:06:44,490 ~-~-> 00:06:49,710
363 -analysis, you will see absolutely stunning results Okay, I'm
364 -
365 -92
366 -00:06:49,710 ~-~-> 00:06:52,920
367 -not promising profits. Notice I didn't say that. You're
368 -
369 -93
370 -00:06:52,920 ~-~-> 00:06:57,270
371 -going to see stunning results okay in in your understanding
372 -
373 -94
374 -00:06:57,270 ~-~-> 00:07:00,000
375 -of the market. On the understand on when price
376 -
377 -95
378 -00:07:00,030 ~-~-> 00:07:02,730
379 -should be moving. Okay? So
380 -
381 -96
382 -00:07:04,470 ~-~-> 00:07:07,050
383 -don't take me out of context, okay? Because it's important
384 -
385 -97
386 -00:07:07,050 ~-~-> 00:07:10,290
387 -that I don't, I don't promise you wealth I don't promise you
388 -
389 -98
390 -00:07:10,290 ~-~-> 00:07:13,320
391 -profits, you're gonna still lose money trading this way
392 -
393 -99
394 -00:07:13,440 ~-~-> 00:07:16,170
395 -okay? So don't don't let me also share code so much that you
396 -
397 -100
398 -00:07:16,170 ~-~-> 00:07:18,750
399 -think that now said you're gonna walk out and money's gonna
400 -
401 -101
402 -00:07:18,750 ~-~-> 00:07:23,070
403 -shoot from your hind sight I mean your, your your backside,
404 -
405 -102
406 -00:07:23,460 ~-~-> 00:07:24,870
407 -and you know everything's going to be
408 -
409 -103
410 -00:07:25,890 ~-~-> 00:07:28,470
411 -roses and you get off and worry about it, you're certainly
412 -
413 -104
414 -00:07:28,470 ~-~-> 00:07:32,790
415 -going to have your your fair share of losses still, because
416 -
417 -105
418 -00:07:33,090 ~-~-> 00:07:37,890
419 -there is going to be a certain measure of Human Error Error
420 -
421 -106
422 -00:07:37,890 ~-~-> 00:07:40,500
423 -that's going to plague your trading regardless. Okay, no
424 -
425 -107
426 -00:07:40,500 ~-~-> 00:07:42,960
427 -matter how concise we have our trading plan, it's still
428 -
429 -108
430 -00:07:42,960 ~-~-> 00:07:46,590
431 -going to be driven by us as the trader and we're only going
432 -
433 -109
434 -00:07:46,590 ~-~-> 00:07:49,230
435 -to be as good as the trader behind the trade selection.
436 -
437 -110
438 -00:07:51,450 ~-~-> 00:07:56,550
439 -Now, trends and order flow. These are not weekly charts,
440 -
441 -111
442 -00:07:56,790 ~-~-> 00:07:59,490
443 -okay. They tend to remain for a long period of time.
444 -
445 -112
446 -00:08:00,000 ~-~-> 00:08:06,270
447 -With that, it also requires much more in terms of change to
448 -
449 -113
450 -00:08:06,270 ~-~-> 00:08:09,480
451 -make them go the other direction. Okay, so what am i mean by
452 -
453 -114
454 -00:08:09,480 ~-~-> 00:08:13,020
455 -that? Basically, if you see the market moving on a weekly
456 -
457 -115
458 -00:08:13,020 ~-~-> 00:08:17,370
459 -chart higher, it's going to take a very significant impact
460 -
461 -116
462 -00:08:17,370 ~-~-> 00:08:21,420
463 -of some sort on a fundamental level to cause this underlying
464 -
465 -117
466 -00:08:21,450 ~-~-> 00:08:26,670
467 -trend. Okay, to change course. Now that's advantageous to us
468 -
469 -118
470 -00:08:26,670 ~-~-> 00:08:30,810
471 -because even if we're a day trader or a scalper, okay, short
472 -
473 -119
474 -00:08:30,810 ~-~-> 00:08:33,510
475 -term trader or swing trader or even a position trader,
476 -
477 -120
478 -00:08:34,200 ~-~-> 00:08:40,230
479 -these, these benefit us in terms of trusting our directional
480 -
481 -121
482 -00:08:40,230 ~-~-> 00:08:43,950
483 -bias, okay, there's no greater directional bias that trust
484 -
485 -122
486 -00:08:43,950 ~-~-> 00:08:48,540
487 -your trades on than the weekly chart. Now, the problem with
488 -
489 -123
490 -00:08:48,540 ~-~-> 00:08:52,320
491 -that is we've been lulled into believing that the weekly
492 -
493 -124
494 -00:08:52,320 ~-~-> 00:08:55,530
495 -charts are really of no use to us unless we're a long term
496 -
497 -125
498 -00:08:55,530 ~-~-> 00:08:59,550
499 -position trader. And that my friends is absolutely not true.
500 -
501 -126
502 -00:09:00,000 ~-~-> 00:09:02,940
503 -If you go to majority of the textbooks, you'll see that
504 -
505 -127
506 -00:09:03,120 ~-~-> 00:09:07,230
507 -very, very few even comment on the importance or even the
508 -
509 -128
510 -00:09:07,230 ~-~-> 00:09:11,100
511 -utilization of a weekly chart. Now the weekly chart I grant,
512 -
513 -129
514 -00:09:11,310 ~-~-> 00:09:14,910
515 -it will take a long period of time for specific trades to
516 -
517 -130
518 -00:09:14,910 ~-~-> 00:09:20,760
519 -set up on that timeframe. But there's also a specific
520 -
521 -131
522 -00:09:20,790 ~-~-> 00:09:25,020
523 -understanding once you adopt that, you can really walk away
524 -
525 -132
526 -00:09:25,020 ~-~-> 00:09:27,570
527 -from the weekly chart after looking at for just less than
528 -
529 -133
530 -00:09:27,570 ~-~-> 00:09:30,480
531 -two minutes, you knew right away, what specifically the
532 -
533 -134
534 -00:09:30,480 ~-~-> 00:09:35,520
535 -smart money's actually doing right, then and now. Now, I
536 -
537 -135
538 -00:09:35,520 ~-~-> 00:09:37,560
539 -don't know what that means to you. But as a trader, when I
540 -
541 -136
542 -00:09:37,560 ~-~-> 00:09:40,620
543 -was developing, that's exactly what I was looking for. I
544 -
545 -137
546 -00:09:40,620 ~-~-> 00:09:44,130
547 -needed to know what the guys that knew what was gonna happen
548 -
549 -138
550 -00:09:44,130 ~-~-> 00:09:47,370
551 -ahead of time. Okay. The ones that were successful, let's
552 -
553 -139
554 -00:09:47,370 ~-~-> 00:09:52,290
555 -rephrase that. The ones that were consistently profitable,
556 -
557 -140
558 -00:09:52,380 ~-~-> 00:09:56,850
559 -able to harvest real money out of the marketplace. Okay,
560 -
561 -141
562 -00:09:56,850 ~-~-> 00:10:00,000
563 -those participants, what were they doing and how are they
564 -
565 -142
566 -00:10:00,000 ~-~-> 00:10:03,870
567 -They arriving at that foresight before putting on their
568 -
569 -143
570 -00:10:03,870 ~-~-> 00:10:07,110
571 -trades. If I could learn that if I could implement that in
572 -
573 -144
574 -00:10:07,110 ~-~-> 00:10:11,820
575 -my own trading, then I could trust the effects of
576 -
577 -145
578 -00:10:11,820 ~-~-> 00:10:15,060
579 -consistency going forward in my trading, and not just
580 -
581 -146
582 -00:10:15,120 ~-~-> 00:10:19,620
583 -attributed to just, you know, blind luck, okay, which I
584 -
585 -147
586 -00:10:19,620 ~-~-> 00:10:23,280
587 -think, honestly, the majority of new traders that get into
588 -
589 -148
590 -00:10:23,280 ~-~-> 00:10:26,670
591 -this business and make money right away with no real
592 -
593 -149
594 -00:10:26,670 ~-~-> 00:10:29,490
595 -understanding it, it really tricks you into thinking you're
596 -
597 -150
598 -00:10:29,490 ~-~-> 00:10:31,260
599 -smarter than you really are. And that really actually
600 -
601 -151
602 -00:10:31,260 ~-~-> 00:10:36,090
603 -happened to me as a trader in the mid 90s. I got involved in
604 -
605 -152
606 -00:10:36,090 ~-~-> 00:10:39,300
607 -trading and actually caught a really good look in the market
608 -
609 -153
610 -00:10:39,300 ~-~-> 00:10:42,660
611 -where everything was going up in the commodity market. So
612 -
613 -154
614 -00:10:42,990 ~-~-> 00:10:45,810
615 -because I was a buyer, you know, naturally it just goes
616 -
617 -155
618 -00:10:46,140 ~-~-> 00:10:48,060
619 -because without saying if the market was gonna go higher,
620 -
621 -156
622 -00:10:48,060 ~-~-> 00:10:49,740
623 -and I'm buying I'm a buyer because I didn't understand
624 -
625 -157
626 -00:10:49,740 ~-~-> 00:10:53,640
627 -shorting at the time as a neophyte trader everything I was
628 -
629 -158
630 -00:10:53,640 ~-~-> 00:10:55,950
631 -getting into made money so suddenly I'm you know, I'm a
632 -
633 -159
634 -00:10:55,950 ~-~-> 00:10:58,650
635 -smart guy from metal river, you know, Maryland and you know,
636 -
637 -160
638 -00:10:58,650 ~-~-> 00:11:00,000
639 -I don't know anything really having
640 -
641 -161
642 -00:11:00,000 ~-~-> 00:11:02,070
643 -No idea what I was doing. But I was making money. So
644 -
645 -162
646 -00:11:02,070 ~-~-> 00:11:04,410
647 -therefore, you think you're smarter than you really are. And
648 -
649 -163
650 -00:11:04,410 ~-~-> 00:11:08,190
651 -then suddenly, in the movies, you fizzled out now I moved
652 -
653 -164
654 -00:11:08,190 ~-~-> 00:11:11,520
655 -into a, you know, traders market. I couldn't do anything to
656 -
657 -165
658 -00:11:11,520 ~-~-> 00:11:14,880
659 -make money then and then I had to go back to my learning.
660 -
661 -166
662 -00:11:14,940 ~-~-> 00:11:16,320
663 -Okay, I had to go to school, if you will.
664 -
665 -167
666 -00:11:17,430 ~-~-> 00:11:20,490
667 -Well, this is one of the concepts that you're going to
668 -
669 -168
670 -00:11:20,490 ~-~-> 00:11:25,200
671 -learn, that helped me gain a greater understanding on how
672 -
673 -169
674 -00:11:25,200 ~-~-> 00:11:30,570
675 -these markets move on general, and how you can really learn
676 -
677 -170
678 -00:11:30,570 ~-~-> 00:11:35,880
679 -to anticipate sizable sustainable moves in a directional
680 -
681 -171
682 -00:11:35,880 ~-~-> 00:11:36,480
683 -premise.
684 -
685 -172
686 -00:11:37,980 ~-~-> 00:11:42,240
687 -If I could take one specific question that's emailed to me
688 -
689 -173
690 -00:11:42,240 ~-~-> 00:11:45,810
691 -more than any other is how do I get the direction right?
692 -
693 -174
694 -00:11:46,110 ~-~-> 00:11:50,850
695 -More times than not? And I'm going to promise you that these
696 -
697 -175
698 -00:11:50,880 ~-~-> 00:11:54,210
699 -three components that I'm giving you in this series are
700 -
701 -176
702 -00:11:54,210 ~-~-> 00:11:57,960
703 -really the backbone to that, okay, how do I know where the
704 -
705 -177
706 -00:11:57,960 ~-~-> 00:11:59,850
707 -direction the markets gonna go and why?
708 -
709 -178
710 -00:12:00,000 ~-~-> 00:12:02,760
711 -You know, why do I think that? And why do I believe that
712 -
713 -179
714 -00:12:02,790 ~-~-> 00:12:04,980
715 -wholeheartedly to put my name out there, you know,
716 -
717 -180
718 -00:12:04,980 ~-~-> 00:12:07,980
719 -associated with an analysis on a weekly basis? Well, it's
720 -
721 -181
722 -00:12:07,980 ~-~-> 00:12:12,600
723 -because I trust that I am limited in my capacity of knowing
724 -
725 -182
726 -00:12:12,600 ~-~-> 00:12:16,020
727 -the fundamentals behind these moves. I don't have trained
728 -
729 -183
730 -00:12:16,020 ~-~-> 00:12:19,740
731 -accredited staff working you umpteen hours a day trying to
732 -
733 -184
734 -00:12:19,740 ~-~-> 00:12:23,160
735 -find out what it is driving the marketplace. Frankly, I
736 -
737 -185
738 -00:12:23,190 ~-~-> 00:12:26,580
739 -don't really care. Okay, because I'm, I'm of the opinion and
740 -
741 -186
742 -00:12:26,580 ~-~-> 00:12:29,430
743 -completely comfortable admitting that a lot of the
744 -
745 -187
746 -00:12:29,430 ~-~-> 00:12:32,220
747 -fundamentals go completely over my head, okay. I'm not a
748 -
749 -188
750 -00:12:32,220 ~-~-> 00:12:34,800
751 -mental genius, okay, I'm not trying to state that I'm
752 -
753 -189
754 -00:12:34,800 ~-~-> 00:12:37,410
755 -smarter than 90% of the people out there in the marketplace.
756 -
757 -190
758 -00:12:37,770 ~-~-> 00:12:41,490
759 -I just know what it is that makes me tick as a trader. And I
760 -
761 -191
762 -00:12:41,490 ~-~-> 00:12:44,880
763 -combine that with central tenants in the marketplace that
764 -
765 -192
766 -00:12:44,880 ~-~-> 00:12:48,030
767 -are inherently generic that repeat over and over and over
768 -
769 -193
770 -00:12:48,030 ~-~-> 00:12:51,510
771 -again. And the brilliant thing is, and the only real reason
772 -
773 -194
774 -00:12:51,510 ~-~-> 00:12:54,000
775 -why you're learning it from me because if I believed in my
776 -
777 -195
778 -00:12:54,000 ~-~-> 00:12:57,930
779 -heart, if I shared it with everybody, it would stop working.
780 -
781 -196
782 -00:12:57,990 ~-~-> 00:13:00,000
783 -You wouldn't have never learned this. You will
784 -
785 -197
786 -00:13:00,000 ~-~-> 00:13:03,450
787 -have never learned any of the things that I do. Because it's
788 -
789 -198
790 -00:13:03,450 ~-~-> 00:13:08,490
791 -my business to be profitable. I don't have a job, I don't go
792 -
793 -199
794 -00:13:08,490 ~-~-> 00:13:11,370
795 -to a place of business and punch a time card. I don't
796 -
797 -200
798 -00:13:11,370 ~-~-> 00:13:15,390
799 -collect a salary check from someplace. Okay, my income is
800 -
801 -201
802 -00:13:15,390 ~-~-> 00:13:20,220
803 -derived by the choices I make based on a price chart. So
804 -
805 -202
806 -00:13:20,790 ~-~-> 00:13:24,690
807 -having that as a precursor to whether you make money or not
808 -
809 -203
810 -00:13:24,690 ~-~-> 00:13:29,160
811 -make money, okay? It's it's advantageous for you to really
812 -
813 -204
814 -00:13:29,160 ~-~-> 00:13:32,730
815 -have a clear, concise approach to what it is you're doing in
816 -
817 -205
818 -00:13:32,730 ~-~-> 00:13:35,850
819 -the marketplace. So remember that make that note in your in
820 -
821 -206
822 -00:13:35,850 ~-~-> 00:13:39,000
823 -your little book of notes that you may be taking with this
824 -
825 -207
826 -00:13:39,000 ~-~-> 00:13:41,370
827 -video series if you're contemplating quitting your job
828 -
829 -208
830 -00:13:41,370 ~-~-> 00:13:44,460
831 -because you put $5,000 in an account, okay, I can tell you
832 -
833 -209
834 -00:13:44,460 ~-~-> 00:13:47,130
835 -this, regardless of how well you may be doing in a demo
836 -
837 -210
838 -00:13:47,130 ~-~-> 00:13:50,910
839 -account with these concepts. There's a huge paradigm shift
840 -
841 -211
842 -00:13:51,120 ~-~-> 00:13:54,600
843 -that takes place when you start realizing debt if you quit
844 -
845 -212
846 -00:13:54,600 ~-~-> 00:13:57,510
847 -your job, if you've walked away from the marketplace in
848 -
849 -213
850 -00:13:57,510 ~-~-> 00:13:59,730
851 -terms of earning an income and you are
852 -
853 -214
854 -00:14:00,030 ~-~-> 00:14:04,950
855 -Only expecting every facet of your income to come from the
856 -
857 -215
858 -00:14:04,950 ~-~-> 00:14:08,130
859 -choices you make looking at a price chart, I guarantee you,
860 -
861 -216
862 -00:14:08,760 ~-~-> 00:14:12,330
863 -you want to talk about, you know, a mind scramble, that's
864 -
865 -217
866 -00:14:12,330 ~-~-> 00:14:15,390
867 -what's going to happen. Okay? You're going to have such an
868 -
869 -218
870 -00:14:15,390 ~-~-> 00:14:19,080
871 -influx of uncertainty come over you. Because think about it.
872 -
873 -219
874 -00:14:19,530 ~-~-> 00:14:21,330
875 -you've walked away from your paycheck, you've walked away
876 -
877 -220
878 -00:14:21,330 ~-~-> 00:14:24,090
879 -from your job. Okay, so now you're out there, you're
880 -
881 -221
882 -00:14:24,090 ~-~-> 00:14:28,230
883 -standing in the arena. And I'm sorry, I'm not looking to
884 -
885 -222
886 -00:14:28,230 ~-~-> 00:14:31,410
887 -give you my money. And neither are any of the other
888 -
889 -223
890 -00:14:31,410 ~-~-> 00:14:34,530
891 -professionals in this marketplace. You're gonna have to take
892 -
893 -224
894 -00:14:34,530 ~-~-> 00:14:37,320
895 -it from me. And I'm talking with a fight
896 -
897 -225
898 -00:14:38,340 ~-~-> 00:14:42,690
899 -in long and short of it is if you have this mindset going
900 -
901 -226
902 -00:14:42,690 ~-~-> 00:14:47,100
903 -in, and you've eased your way out of a job or earned your
904 -
905 -227
906 -00:14:47,130 ~-~-> 00:14:50,370
907 -your, your ability to make money, then be able to trade full
908 -
909 -228
910 -00:14:50,370 ~-~-> 00:14:50,820
911 -time.
912 -
913 -229
914 -00:14:52,230 ~-~-> 00:14:54,870
915 -It's possible I'm not saying it's gonna guarantee you ever
916 -
917 -230
918 -00:14:54,870 ~-~-> 00:14:58,260
919 -back and do it, but it's more conducive to you to be able to
920 -
921 -231
922 -00:14:58,770 ~-~-> 00:15:00,000
923 -see a long term life
924 -
925 -232
926 -00:15:00,000 ~-~-> 00:15:01,380
927 -Success in doing that.
928 -
929 -233
930 -00:15:02,700 ~-~-> 00:15:05,670
931 -But I'm kind of deviating here, so I'm trying to bring him
932 -
933 -234
934 -00:15:05,670 ~-~-> 00:15:09,660
935 -back. The main thing is, by having this perspective and it's
936 -
937 -235
938 -00:15:09,660 ~-~-> 00:15:12,390
939 -an approach to trading, okay, it's really going to stack the
940 -
941 -236
942 -00:15:12,390 ~-~-> 00:15:17,310
943 -odds in your favor and lessen not remove entirely lessen the
944 -
945 -237
946 -00:15:17,310 ~-~-> 00:15:21,450
947 -likelihood of you going bust. Okay, hopefully you've had
948 -
949 -238
950 -00:15:21,450 ~-~-> 00:15:24,120
951 -money management, training, and you know that you shouldn't
952 -
953 -239
954 -00:15:24,120 ~-~-> 00:15:26,670
955 -be risking too much on your trades. And that goes with this
956 -
957 -240
958 -00:15:26,670 ~-~-> 00:15:29,010
959 -as well. Just simply because it works really, really good
960 -
961 -241
962 -00:15:29,010 ~-~-> 00:15:30,780
963 -doesn't mean go out there and bet the farm and say, Okay,
964 -
965 -242
966 -00:15:30,780 ~-~-> 00:15:33,210
967 -well, this worked the last 80 times it happened. So
968 -
969 -243
970 -00:15:33,210 ~-~-> 00:15:35,250
971 -therefore, I'm going to put 20% of my account up and
972 -
973 -244
974 -00:15:35,490 ~-~-> 00:15:38,400
975 -leverage 400 to one and see what happens and hopefully I can
976 -
977 -245
978 -00:15:38,400 ~-~-> 00:15:41,070
979 -get out my job in six weeks. If you're going to do that.
980 -
981 -246
982 -00:15:41,340 ~-~-> 00:15:46,620
983 -Okay, I promise you, you will be regretting it. Okay. I
984 -
985 -247
986 -00:15:46,620 ~-~-> 00:15:50,520
987 -don't want to see a testimony emailed to me about that. I'm
988 -
989 -248
990 -00:15:50,520 ~-~-> 00:15:52,470
991 -not impressed by that. Okay. As far as I'm concerned, that's
992 -
993 -249
994 -00:15:52,470 ~-~-> 00:15:54,840
995 -a lottery. And I don't I don't believe in the lottery. If I
996 -
997 -250
998 -00:15:54,840 ~-~-> 00:15:56,670
999 -believed in the lottery, I'd be putting thousands of dollars
1000 -
1001 -251
1002 -00:15:56,670 ~-~-> 00:15:59,610
1003 -in every week trying to win the peg to make a million and
1004 -
1005 -252
1006 -00:16:01,079 ~-~-> 00:16:03,119
1007 -You're trying to win the mega million in the big Powerball
1008 -
1009 -253
1010 -00:16:03,119 ~-~-> 00:16:07,109
1011 -games. I'm not a gambler, okay, so you shouldn't be either.
1012 -
1013 -254
1014 -00:16:07,529 ~-~-> 00:16:09,809
1015 -You want to be consistently taking money out of marketplace
1016 -
1017 -255
1018 -00:16:09,809 ~-~-> 00:16:15,059
1019 -and this is one concept that will help you know what it is
1020 -
1021 -256
1022 -00:16:15,059 ~-~-> 00:16:17,159
1023 -specifically that you're looking for when you sit down to
1024 -
1025 -257
1026 -00:16:17,159 ~-~-> 00:16:22,469
1027 -charts. Okay? The main thing is the main thing, you want to
1028 -
1029 -258
1030 -00:16:22,469 ~-~-> 00:16:26,279
1031 -keep your sights set on what it is that matters most and all
1032 -
1033 -259
1034 -00:16:26,279 ~-~-> 00:16:29,579
1035 -the lower timeframe static noise, you want to kind of filter
1036 -
1037 -260
1038 -00:16:29,579 ~-~-> 00:16:33,269
1039 -it all that out. And how is it that we as professionals do
1040 -
1041 -261
1042 -00:16:33,269 ~-~-> 00:16:36,269
1043 -that is that we have a higher timeframe perspective in mind,
1044 -
1045 -262
1046 -00:16:36,629 ~-~-> 00:16:39,959
1047 -simply because the market moves 20 pips in one direction on
1048 -
1049 -263
1050 -00:16:39,959 ~-~-> 00:16:42,899
1051 -a five minute chart or a 15 minute chart means absolutely
1052 -
1053 -264
1054 -00:16:42,899 ~-~-> 00:16:47,459
1055 -nothing means absolutely nothing to a longer higher turn,
1056 -
1057 -265
1058 -00:16:47,909 ~-~-> 00:16:52,229
1059 -timeframe premise. What I mean by that, I could watch an
1060 -
1061 -266
1062 -00:16:52,229 ~-~-> 00:16:56,189
1063 -intraday price chart and see many many times where the
1064 -
1065 -267
1066 -00:16:56,189 ~-~-> 00:16:59,999
1067 -market would pay 2030 pips and it would be against my
1068 -
1069 -268
1070 -00:17:00,000 ~-~-> 00:17:04,110
1071 -directional premise or my comfort zone, in terms of
1072 -
1073 -269
1074 -00:17:04,110 ~-~-> 00:17:06,720
1075 -directional premise, because I'm willing to wait for the
1076 -
1077 -270
1078 -00:17:06,720 ~-~-> 00:17:09,960
1079 -setup to come to me. I don't want to change all these little
1080 -
1081 -271
1082 -00:17:09,960 ~-~-> 00:17:12,450
1083 -tiny minor moves in the marketplace, there's people that can
1084 -
1085 -272
1086 -00:17:12,450 ~-~-> 00:17:15,390
1087 -do a very good living doing that and scalping the market in
1088 -
1089 -273
1090 -00:17:15,390 ~-~-> 00:17:19,140
1091 -short term intraday trading. I'm not negating their ability
1092 -
1093 -274
1094 -00:17:19,140 ~-~-> 00:17:22,710
1095 -to do that or your potential to do that as well. But that's
1096 -
1097 -275
1098 -00:17:22,710 ~-~-> 00:17:27,360
1099 -not the crux of this presentation, or this series is really
1100 -
1101 -276
1102 -00:17:27,360 ~-~-> 00:17:29,520
1103 -designed for those that are asking the questions like, Well,
1104 -
1105 -277
1106 -00:17:29,520 ~-~-> 00:17:32,040
1107 -how do I know that the support resistance level is going to
1108 -
1109 -278
1110 -00:17:32,040 ~-~-> 00:17:34,770
1111 -hold? How do I know that directional premise for this day is
1112 -
1113 -279
1114 -00:17:34,770 ~-~-> 00:17:38,460
1115 -going to be what it should be? Okay. This is my answer to
1116 -
1117 -280
1118 -00:17:38,460 ~-~-> 00:17:41,250
1119 -those questions. Okay. Because, like I said, If I could go
1120 -
1121 -281
1122 -00:17:41,250 ~-~-> 00:17:44,580
1123 -back to one question, you know, how is it able to get the
1124 -
1125 -282
1126 -00:17:44,580 ~-~-> 00:17:47,580
1127 -direction, right? The second most asked question is how do I
1128 -
1129 -283
1130 -00:17:47,580 ~-~-> 00:17:50,400
1131 -know that a specific support or resistance level is going to
1132 -
1133 -284
1134 -00:17:50,400 ~-~-> 00:17:53,820
1135 -hold and we're going to be able to focus on that specific
1136 -
1137 -285
1138 -00:17:53,820 ~-~-> 00:17:57,900
1139 -pair of questions in this individual volume and in volume
1140 -
1141 -286
1142 -00:17:57,900 ~-~-> 00:17:59,970
1143 -two and three, we'll be dealing with other you know,
1144 -
1145 -287
1146 -00:18:00,299 ~-~-> 00:18:05,009
1147 -topics that will hope, hopefully, dovetail nicely with this
1148 -
1149 -288
1150 -00:18:05,009 ~-~-> 00:18:07,979
1151 -one and hopefully improve upon your understanding of the
1152 -
1153 -289
1154 -00:18:07,979 ~-~-> 00:18:08,699
1155 -marketplace.
1156 -
1157 -290
1158 -00:18:10,469 ~-~-> 00:18:13,859
1159 -Now framing retail trading ideas on the basis of the macro
1160 -
1161 -291
1162 -00:18:13,859 ~-~-> 00:18:16,859
1163 -perspective is conducive profits. And again, we've already
1164 -
1165 -292
1166 -00:18:16,859 ~-~-> 00:18:17,909
1167 -said this briefly,
1168 -
1169 -293
1170 -00:18:18,930 ~-~-> 00:18:22,530
1171 -if you don't have the understanding of where the
1172 -
1173 -294
1174 -00:18:22,530 ~-~-> 00:18:26,730
1175 -fundamentals are behind the market moves, okay. And again, I
1176 -
1177 -295
1178 -00:18:26,730 ~-~-> 00:18:29,460
1179 -don't claim to be a fundamentalist. I don't know what the
1180 -
1181 -296
1182 -00:18:29,460 ~-~-> 00:18:34,140
1183 -fundamentals are. I can't digest bank reports. I know a lot
1184 -
1185 -297
1186 -00:18:34,140 ~-~-> 00:18:38,100
1187 -of well known trading mentors out there, use them and share
1188 -
1189 -298
1190 -00:18:38,100 ~-~-> 00:18:42,720
1191 -them openly. I don't have the capacity to look at that stuff
1192 -
1193 -299
1194 -00:18:42,750 ~-~-> 00:18:46,230
1195 -and understand what it means. Okay, and I don't have any
1196 -
1197 -300
1198 -00:18:46,230 ~-~-> 00:18:49,140
1199 -shame in telling you that, you know, I don't, I can't listen
1200 -
1201 -301
1202 -00:18:49,140 ~-~-> 00:18:53,040
1203 -to a speaker and determine Well, that's hawkish or dovish. I
1204 -
1205 -302
1206 -00:18:53,040 ~-~-> 00:18:56,850
1207 -don't understand that. Okay. And if you can, wonderful, you
1208 -
1209 -303
1210 -00:18:56,850 ~-~-> 00:19:00,000
1211 -know, kudos for you. But I don't need to know all that.
1212 -
1213 -304
1214 -00:19:00,000 ~-~-> 00:19:03,180
1215 -stuff because I trust the price chart to tell me everything
1216 -
1217 -305
1218 -00:19:03,180 ~-~-> 00:19:06,210
1219 -fundamental that I need to know about that marketplace. If
1220 -
1221 -306
1222 -00:19:06,210 ~-~-> 00:19:09,810
1223 -it's looking to move up higher, I'll see signs before it
1224 -
1225 -307
1226 -00:19:09,810 ~-~-> 00:19:12,960
1227 -starts going up that it's going to go up. And I'll tribute
1228 -
1229 -308
1230 -00:19:13,080 ~-~-> 00:19:15,240
1231 -the fact that it's making money for me that I was
1232 -
1233 -309
1234 -00:19:15,240 ~-~-> 00:19:17,970
1235 -fundamentally right on that move. That's the limitation I
1236 -
1237 -310
1238 -00:19:17,970 ~-~-> 00:19:20,910
1239 -have as it relates to fundamentals, okay. Aside from
1240 -
1241 -311
1242 -00:19:20,910 ~-~-> 00:19:22,050
1243 -interest rates, obviously.
1244 -
1245 -312
1246 -00:19:23,970 ~-~-> 00:19:26,850
1247 -Now, the EMAS or Exponential Moving Averages apply to the
1248 -
1249 -313
1250 -00:19:26,850 ~-~-> 00:19:31,320
1251 -weekly timeframes will assist in higher odds order flow and
1252 -
1253 -314
1254 -00:19:31,350 ~-~-> 00:19:35,250
1255 -order blocks. Now, what do I mean by that? When we apply the
1256 -
1257 -315
1258 -00:19:35,280 ~-~-> 00:19:38,370
1259 -the nine and 18 ma on the weekly chart,
1260 -
1261 -316
1262 -00:19:39,510 ~-~-> 00:19:42,630
1263 -we already mentioned briefly, that there is a
1264 -
1265 -317
1266 -00:19:43,890 ~-~-> 00:19:49,110
1267 -huge tendency, okay for trends or order flow to remained
1268 -
1269 -318
1270 -00:19:49,110 ~-~-> 00:19:53,160
1271 -intact on a weekly chart. In other words, whatever it was
1272 -
1273 -319
1274 -00:19:53,160 ~-~-> 00:19:56,310
1275 -that established a market moving higher, generally it's
1276 -
1277 -320
1278 -00:19:56,310 ~-~-> 00:20:00,000
1279 -going to take something of greater magnitude on the opposite
1280 -
1281 -321
1282 -00:20:00,000 ~-~-> 00:20:02,460
1283 -And to make it go lower.
1284 -
1285 -322
1286 -00:20:03,720 ~-~-> 00:20:08,460
1287 -Okay, so as long as it's viewed as a good buy, the market
1288 -
1289 -323
1290 -00:20:08,460 ~-~-> 00:20:11,130
1291 -will continue to move higher and continuously make higher
1292 -
1293 -324
1294 -00:20:11,130 ~-~-> 00:20:15,780
1295 -highs and higher lows. The wonderful thing about that is
1296 -
1297 -325
1298 -00:20:15,780 ~-~-> 00:20:19,950
1299 -that even though the EMAS are lagging in terms of time,
1300 -
1301 -326
1302 -00:20:20,100 ~-~-> 00:20:24,360
1303 -okay, they're very, very low reaction. Okay, it takes a long
1304 -
1305 -327
1306 -00:20:24,360 ~-~-> 00:20:27,330
1307 -time for these things to turn around on a weekly chart. As a
1308 -
1309 -328
1310 -00:20:27,330 ~-~-> 00:20:32,160
1311 -new trader, if you sit down to a chart, no matter what pair
1312 -
1313 -329
1314 -00:20:32,160 ~-~-> 00:20:35,400
1315 -you look at, or if it's a stock or if it's an index, or if
1316 -
1317 -330
1318 -00:20:35,400 ~-~-> 00:20:38,340
1319 -it's a commodity, if you look at a weekly chart, and you'll
1320 -
1321 -331
1322 -00:20:38,340 ~-~-> 00:20:43,590
1323 -lay over that particular timeframe, a nine Ma and 18 Ma, if
1324 -
1325 -332
1326 -00:20:43,590 ~-~-> 00:20:47,160
1327 -the nine ma is greater than the 18, and they're stacking, it
1328 -
1329 -333
1330 -00:20:47,160 ~-~-> 00:20:50,310
1331 -means they're opening up, okay, that they're widening from
1332 -
1333 -334
1334 -00:20:50,310 ~-~-> 00:20:55,200
1335 -one another and pointing up. That's all we need to view a
1336 -
1337 -335
1338 -00:20:55,200 ~-~-> 00:20:58,920
1339 -potential bullish condition on a weekly timeframe. In other
1340 -
1341 -336
1342 -00:20:58,920 ~-~-> 00:21:00,000
1343 -words, weekly order flow.
1344 -
1345 -337
1346 -00:21:00,390 ~-~-> 00:21:04,260
1347 -would be considered up. Okay? It's that simple. And
1348 -
1349 -338
1350 -00:21:04,260 ~-~-> 00:21:09,270
1351 -conversely if the nine ma is below the 18 Ma, and they're
1352 -
1353 -339
1354 -00:21:09,270 ~-~-> 00:21:11,670
1355 -stacking, in other words, the averages are opening up and
1356 -
1357 -340
1358 -00:21:11,670 ~-~-> 00:21:15,600
1359 -pointing down. Okay, that is all that we need to indicate
1360 -
1361 -341
1362 -00:21:15,630 ~-~-> 00:21:20,100
1363 -that we are in a weekly bearish order flow. Okay. Now,
1364 -
1365 -342
1366 -00:21:20,190 ~-~-> 00:21:24,060
1367 -obviously, there will be 10 times of transition where we
1368 -
1369 -343
1370 -00:21:24,060 ~-~-> 00:21:27,630
1371 -move from bullish to bearish or bearish to bullish, okay. Or
1372 -
1373 -344
1374 -00:21:27,630 ~-~-> 00:21:31,470
1375 -we may move into a larger consolidation period that's going
1376 -
1377 -345
1378 -00:21:31,470 ~-~-> 00:21:35,310
1379 -to happen, that is where you're going to incur your losses.
1380 -
1381 -346
1382 -00:21:35,550 ~-~-> 00:21:38,040
1383 -Okay. I'm not saying you won't lose money in a bullish
1384 -
1385 -347
1386 -00:21:38,040 ~-~-> 00:21:40,020
1387 -condition being a buyer, okay? There's gonna be times where
1388 -
1389 -348
1390 -00:21:40,020 ~-~-> 00:21:43,710
1391 -you're going to you just simply be wrong. Okay. But if you
1392 -
1393 -349
1394 -00:21:43,710 ~-~-> 00:21:48,330
1395 -stick to that approach, if you consistently milk that, that
1396 -
1397 -350
1398 -00:21:48,360 ~-~-> 00:21:51,330
1399 -approach or perspective in the marketplace, and focusing on
1400 -
1401 -351
1402 -00:21:51,330 ~-~-> 00:21:55,230
1403 -the strongest, most likely tendency to move higher or lower
1404 -
1405 -352
1406 -00:21:55,230 ~-~-> 00:21:59,250
1407 -based on this time frame, your trades they won't be many of
1408 -
1409 -353
1410 -00:21:59,250 ~-~-> 00:21:59,970
1411 -them. Okay?
1412 -
1413 -354
1414 -00:22:00,000 ~-~-> 00:22:02,790
1415 -Because we know where we look to buy, we know when we look
1416 -
1417 -355
1418 -00:22:02,790 ~-~-> 00:22:05,670
1419 -to buy, okay, but now we're going to be looking specifically
1420 -
1421 -356
1422 -00:22:05,670 ~-~-> 00:22:09,210
1423 -on what direction where we're going to go and predominantly
1424 -
1425 -357
1426 -00:22:09,240 ~-~-> 00:22:13,110
1427 -most buying or selling. And by having that in our, in our
1428 -
1429 -358
1430 -00:22:13,290 ~-~-> 00:22:16,440
1431 -arsenal of tools, we'll be able to remove a lot of emotion
1432 -
1433 -359
1434 -00:22:16,680 ~-~-> 00:22:19,740
1435 -will remove a lot of the fear, okay? And think about it.
1436 -
1437 -360
1438 -00:22:19,770 ~-~-> 00:22:22,500
1439 -Think about what this does. assume for a moment you have a
1440 -
1441 -361
1442 -00:22:22,500 ~-~-> 00:22:25,920
1443 -bullish weekly order flow, and everything's moving higher.
1444 -
1445 -362
1446 -00:22:26,490 ~-~-> 00:22:30,660
1447 -If you find a daily order block to be a buyer, when you buy
1448 -
1449 -363
1450 -00:22:30,660 ~-~-> 00:22:33,030
1451 -into that, and it rallies up 20 pips and it starts to pull
1452 -
1453 -364
1454 -00:22:33,030 ~-~-> 00:22:36,090
1455 -back 10 Are you going to be scared that you probably made
1456 -
1457 -365
1458 -00:22:36,090 ~-~-> 00:22:37,920
1459 -the wrong decision being a buyer or there's going to come
1460 -
1461 -366
1462 -00:22:37,920 ~-~-> 00:22:42,270
1463 -down and take your stop? Probably not or hopefully, it's my
1464 -
1465 -367
1466 -00:22:42,270 ~-~-> 00:22:45,990
1467 -advice that you shouldn't be fearful that because you're
1468 -
1469 -368
1470 -00:22:45,990 ~-~-> 00:22:49,860
1471 -going to be trading with the professional mindset. Okay,
1472 -
1473 -369
1474 -00:22:49,890 ~-~-> 00:22:51,960
1475 -you're going to have the higher timeframe, you're going to
1476 -
1477 -370
1478 -00:22:51,960 ~-~-> 00:22:54,840
1479 -have the weekly order flow, you're gonna have weekly order
1480 -
1481 -371
1482 -00:22:54,840 ~-~-> 00:22:57,450
1483 -blocks, you're gonna have daily order blocks, all in favor,
1484 -
1485 -372
1486 -00:22:57,600 ~-~-> 00:23:00,000
1487 -and if you start timing the trades around more
1488 -
1489 -373
1490 -00:23:00,000 ~-~-> 00:23:05,790
1491 -It's opening closes, you have so many qualifiers that really
1492 -
1493 -374
1494 -00:23:06,150 ~-~-> 00:23:11,970
1495 -move the odds of you making money into reality. There's
1496 -
1497 -375
1498 -00:23:11,970 ~-~-> 00:23:14,280
1499 -simply no guarantee obviously, I can't guarantee you're
1500 -
1501 -376
1502 -00:23:14,280 ~-~-> 00:23:17,520
1503 -going to be consistently always making money. But if you
1504 -
1505 -377
1506 -00:23:17,520 ~-~-> 00:23:21,690
1507 -just get a little niche in this marketplace, a small little
1508 -
1509 -378
1510 -00:23:22,890 ~-~-> 00:23:26,460
1511 -edge, okay, and you, you understand what that edge is you
1512 -
1513 -379
1514 -00:23:26,460 ~-~-> 00:23:30,840
1515 -can maximize this okay to be as big as you want it to be in
1516 -
1517 -380
1518 -00:23:30,840 ~-~-> 00:23:33,810
1519 -terms of your results, but also, it's the same, it's a
1520 -
1521 -381
1522 -00:23:33,810 ~-~-> 00:23:37,410
1523 -double edged sword if you maximize the risk simply because
1524 -
1525 -382
1526 -00:23:37,410 ~-~-> 00:23:40,920
1527 -you associate the con, the consistency to it, okay, you're
1528 -
1529 -383
1530 -00:23:40,920 ~-~-> 00:23:44,070
1531 -going to have a loss and invariably if you take a loss that
1532 -
1533 -384
1534 -00:23:44,070 ~-~-> 00:23:47,190
1535 -invites emotionalism invites fear and greed, and then when
1536 -
1537 -385
1538 -00:23:47,190 ~-~-> 00:23:49,500
1539 -you start applying those things to your trading, everything
1540 -
1541 -386
1542 -00:23:49,500 ~-~-> 00:23:52,680
1543 -goes out the window and then you have havoc Okay, wreaking
1544 -
1545 -387
1546 -00:23:52,710 ~-~-> 00:23:55,920
1547 -havoc all of your trades. You won't have any understanding
1548 -
1549 -388
1550 -00:23:55,920 ~-~-> 00:23:57,660
1551 -of what it is you're doing, you're going to be reactionary
1552 -
1553 -389
1554 -00:23:57,660 ~-~-> 00:23:59,970
1555 -instead of anticipatory and that's problematic.
1556 -
1557 -390
1558 -00:24:00,179 ~-~-> 00:24:03,599
1559 -Okay, so we're going to be looking at the edvin, the
1560 -
1561 -391
1562 -00:24:03,599 ~-~-> 00:24:07,649
1563 -advantageous nature of having the EMAS on weekly timeframe,
1564 -
1565 -392
1566 -00:24:08,009 ~-~-> 00:24:13,469
1567 -okay, and how these will help us stay focused on where the
1568 -
1569 -393
1570 -00:24:13,649 ~-~-> 00:24:18,749
1571 -fundamentals are driving price, okay, where the momentum, if
1572 -
1573 -394
1574 -00:24:18,749 ~-~-> 00:24:21,539
1575 -you will, is continuously pushing behind the marketplace.
1576 -
1577 -395
1578 -00:24:21,659 ~-~-> 00:24:26,519
1579 -And by having that we'll be able to be much more relaxed, we
1580 -
1581 -396
1582 -00:24:26,519 ~-~-> 00:24:29,009
1583 -won't be rushed, we'll be waiting for the market to come to
1584 -
1585 -397
1586 -00:24:29,039 ~-~-> 00:24:33,629
1587 -us versus we chasing it and missing the ideal low risk, high
1588 -
1589 -398
1590 -00:24:33,629 ~-~-> 00:24:34,889
1591 -probability entry points.
1592 -
1593 -399
1594 -00:24:36,810 ~-~-> 00:24:39,780
1595 -Now, trading in line with this view, will greatly increase
1596 -
1597 -400
1598 -00:24:39,810 ~-~-> 00:24:43,320
1599 -the likelihood of consistency and precision. A lot of the
1600 -
1601 -401
1602 -00:24:43,320 ~-~-> 00:24:47,580
1603 -times when I share my charts on a live basis, that I get a
1604 -
1605 -402
1606 -00:24:47,580 ~-~-> 00:24:50,760
1607 -lot of response that you know, that was crazy. That was
1608 -
1609 -403
1610 -00:24:50,760 ~-~-> 00:24:53,490
1611 -insane how, you know, the market reacted exactly right where
1612 -
1613 -404
1614 -00:24:53,490 ~-~-> 00:24:57,900
1615 -you were calling it to do it. And I gotta tell you in this,
1616 -
1617 -405
1618 -00:24:57,930 ~-~-> 00:25:00,000
1619 -this comes with experience. I mean, we're talking
1620 -
1621 -406
1622 -00:25:00,000 ~-~-> 00:25:03,540
1623 -About a gentleman. Okay, myself here. I've been doing this
1624 -
1625 -407
1626 -00:25:03,540 ~-~-> 00:25:07,140
1627 -for two decades. Okay, that's 20 years, a lot of the guys
1628 -
1629 -408
1630 -00:25:07,140 ~-~-> 00:25:10,230
1631 -that I talked to are actually not many more years above that
1632 -
1633 -409
1634 -00:25:10,290 ~-~-> 00:25:13,740
1635 -in terms of their age. So if you, if you think you're just
1636 -
1637 -410
1638 -00:25:13,740 ~-~-> 00:25:15,930
1639 -going to sit down and watch this video series, take a couple
1640 -
1641 -411
1642 -00:25:15,930 ~-~-> 00:25:18,420
1643 -notes and plug in a demo account, and then you know, a month
1644 -
1645 -412
1646 -00:25:18,420 ~-~-> 00:25:21,120
1647 -from now you're going to be hitting it. It's going to take a
1648 -
1649 -413
1650 -00:25:21,120 ~-~-> 00:25:24,870
1651 -little bit of time guys, and I would be foolish not to
1652 -
1653 -414
1654 -00:25:24,870 ~-~-> 00:25:29,280
1655 -advise you to at least expect again, a growth period of at
1656 -
1657 -415
1658 -00:25:29,280 ~-~-> 00:25:33,000
1659 -least six months. You gotta have to see these things happen
1660 -
1661 -416
1662 -00:25:33,000 ~-~-> 00:25:37,110
1663 -to learn to trust them. hindsight and back testing is great.
1664 -
1665 -417
1666 -00:25:37,200 ~-~-> 00:25:40,500
1667 -Okay, that's wonderful. But it's an altogether different
1668 -
1669 -418
1670 -00:25:40,500 ~-~-> 00:25:43,770
1671 -animal when you start applying it and putting your money or
1672 -
1673 -419
1674 -00:25:43,770 ~-~-> 00:25:47,280
1675 -even a demo account or pride on the line placing trades
1676 -
1677 -420
1678 -00:25:47,280 ~-~-> 00:25:50,130
1679 -based on these concepts. You have to have the unseen
1680 -
1681 -421
1682 -00:25:50,130 ~-~-> 00:25:53,520
1683 -understanding that you know, these are we're dealing with
1684 -
1685 -422
1686 -00:25:53,520 ~-~-> 00:25:55,920
1687 -probabilities here we're not dealing with certainties. We're
1688 -
1689 -423
1690 -00:25:55,920 ~-~-> 00:26:00,000
1691 -not dealing with absolutions. Okay, if there's any absolute
1692 -
1693 -424
1694 -00:26:00,000 ~-~-> 00:26:03,000
1695 -Is that if you're wrong, you're going to lose money, it's
1696 -
1697 -425
1698 -00:26:03,000 ~-~-> 00:26:05,220
1699 -going to come out of your account. There's no guarantee
1700 -
1701 -426
1702 -00:26:05,220 ~-~-> 00:26:07,380
1703 -there's money coming in. But if you're wrong and you don't
1704 -
1705 -427
1706 -00:26:07,380 ~-~-> 00:26:11,490
1707 -know what you're doing and you grossly abuse, leverage and
1708 -
1709 -428
1710 -00:26:11,490 ~-~-> 00:26:15,030
1711 -risk, you will lose a lot of money. Okay? It doesn't matter
1712 -
1713 -429
1714 -00:26:15,030 ~-~-> 00:26:17,430
1715 -that these have been tested by a trader that's been doing
1716 -
1717 -430
1718 -00:26:17,430 ~-~-> 00:26:19,620
1719 -for 20 years, it doesn't matter that, you know, you know,
1720 -
1721 -431
1722 -00:26:19,620 ~-~-> 00:26:22,260
1723 -I've made X amount of money trading, it has absolutely
1724 -
1725 -432
1726 -00:26:22,260 ~-~-> 00:26:25,890
1727 -nothing to do with it. My results are absolutely unique to
1728 -
1729 -433
1730 -00:26:25,890 ~-~-> 00:26:29,040
1731 -me. Okay, just as well as your, your results are gonna be
1732 -
1733 -434
1734 -00:26:29,040 ~-~-> 00:26:30,810
1735 -unique to you. I have
1736 -
1737 -435
1738 -00:26:32,010 ~-~-> 00:26:35,400
1739 -a lot of people reading the material that I present freely
1740 -
1741 -436
1742 -00:26:35,400 ~-~-> 00:26:38,550
1743 -on the internet. Why is it that every one of us have
1744 -
1745 -437
1746 -00:26:38,850 ~-~-> 00:26:41,880
1747 -completely unique results? Think about that.
1748 -
1749 -438
1750 -00:26:43,380 ~-~-> 00:26:47,160
1751 -We're all uniquely different. I may see something on the
1752 -
1753 -439
1754 -00:26:47,160 ~-~-> 00:26:51,720
1755 -chart that you don't now pundants and those that attack
1756 -
1757 -440
1758 -00:26:52,050 ~-~-> 00:26:56,100
1759 -mentors and trading advisors or teachers or someone that's
1760 -
1761 -441
1762 -00:26:56,100 ~-~-> 00:26:59,970
1763 -sharing ideas, okay? They'll come in and be you know,
1764 -
1765 -442
1766 -00:27:01,410 ~-~-> 00:27:03,570
1767 -argumentative and say, Look, if your stuff works, so well
1768 -
1769 -443
1770 -00:27:03,570 ~-~-> 00:27:05,820
1771 -why isn't everyone else doing the same thing that you are?
1772 -
1773 -444
1774 -00:27:06,150 ~-~-> 00:27:09,780
1775 -And that kind of like proves their their myopic approach to
1776 -
1777 -445
1778 -00:27:10,170 ~-~-> 00:27:12,270
1779 -looking at things, okay? It doesn't matter that we're
1780 -
1781 -446
1782 -00:27:12,270 ~-~-> 00:27:15,180
1783 -talking about trading. Why isn't that everybody that gets in
1784 -
1785 -447
1786 -00:27:15,180 ~-~-> 00:27:18,930
1787 -golf doesn't play like Tiger Woods. Okay, why isn't it that,
1788 -
1789 -448
1790 -00:27:19,050 ~-~-> 00:27:22,530
1791 -you know, everybody that gets into basketball? Why aren't
1792 -
1793 -449
1794 -00:27:22,530 ~-~-> 00:27:25,530
1795 -they able to play like Michael Jordan, okay, it kind of
1796 -
1797 -450
1798 -00:27:25,530 ~-~-> 00:27:27,990
1799 -falls on its face when you really look at it for what it is,
1800 -
1801 -451
1802 -00:27:28,170 ~-~-> 00:27:33,720
1803 -okay? So don't judge your, your development against me, as
1804 -
1805 -452
1806 -00:27:33,720 ~-~-> 00:27:36,720
1807 -the mentor, okay, you judge your development against how you
1808 -
1809 -453
1810 -00:27:36,720 ~-~-> 00:27:40,500
1811 -were the day before. And you consistently do this over and
1812 -
1813 -454
1814 -00:27:40,500 ~-~-> 00:27:45,180
1815 -over and over again, by default, you will improve that does
1816 -
1817 -455
1818 -00:27:45,180 ~-~-> 00:27:50,220
1819 -not equate to profitability that comes on its own timing. I
1820 -
1821 -456
1822 -00:27:50,220 ~-~-> 00:27:53,340
1823 -can't promise you that. But I can promise you, you will know
1824 -
1825 -457
1826 -00:27:53,340 ~-~-> 00:27:56,430
1827 -more about you and how you are going to interact and engage
1828 -
1829 -458
1830 -00:27:56,430 ~-~-> 00:28:00,000
1831 -this marketplace by these concepts and that we already
1832 -
1833 -459
1834 -00:28:00,000 ~-~-> 00:28:03,540
1835 -learned in the previous videos and 10 and teachings that
1836 -
1837 -460
1838 -00:28:03,540 ~-~-> 00:28:05,310
1839 -I've shared over the last four years.
1840 -
1841 -461
1842 -00:28:08,069 ~-~-> 00:28:11,729
1843 -Now, with all that, let's take a look at a few examples.
1844 -
1845 -462
1846 -00:28:16,170 ~-~-> 00:28:19,290
1847 -Okay, folks, we're looking at the fiber weekly chart is the
1848 -
1849 -463
1850 -00:28:19,290 ~-~-> 00:28:23,310
1851 -Euro USD. And I've already applied the nine and 18 period
1852 -
1853 -464
1854 -00:28:23,310 ~-~-> 00:28:26,400
1855 -exponential moving average. Now the blue line in here that's
1856 -
1857 -465
1858 -00:28:26,400 ~-~-> 00:28:32,010
1859 -going to delineate the 18. And the red line is the nine.
1860 -
1861 -466
1862 -00:28:32,430 ~-~-> 00:28:37,560
1863 -Okay, and very simply, if the nine in this case again, the
1864 -
1865 -467
1866 -00:28:37,560 ~-~-> 00:28:40,980
1867 -red if it's above the blue, okay, and this again is a weekly
1868 -
1869 -468
1870 -00:28:40,980 ~-~-> 00:28:44,400
1871 -chart, when we see this cross over and the averages start to
1872 -
1873 -469
1874 -00:28:44,400 ~-~-> 00:28:46,500
1875 -stack, okay, and that means it right about on here, we're
1876 -
1877 -470
1878 -00:28:46,500 ~-~-> 00:28:49,680
1879 -starting to see very clear indication that these averages
1880 -
1881 -471
1882 -00:28:49,680 ~-~-> 00:28:53,670
1883 -are opening up and continually moving higher. I do not
1884 -
1885 -472
1886 -00:28:53,880 ~-~-> 00:28:57,330
1887 -consider any of these downturns here as precursors to a
1888 -
1889 -473
1890 -00:28:57,330 ~-~-> 00:29:00,000
1891 -potential crossover. When it crosses over then
1892 -
1893 -474
1894 -00:29:00,000 ~-~-> 00:29:02,550
1895 -It crosses over. Okay, it's very important you had that your
1896 -
1897 -475
1898 -00:29:02,550 ~-~-> 00:29:04,530
1899 -notes across over really
1900 -
1901 -476
1902 -00:29:05,670 ~-~-> 00:29:08,580
1903 -has to happen in the averages before actually considered,
1904 -
1905 -477
1906 -00:29:08,880 ~-~-> 00:29:12,000
1907 -you know, I no longer want to be following that, that that
1908 -
1909 -478
1910 -00:29:12,000 ~-~-> 00:29:15,480
1911 -premise, okay. Again, that would be considered right here.
1912 -
1913 -479
1914 -00:29:15,630 ~-~-> 00:29:19,170
1915 -Now Now the quick response is going to be on an lm one are
1916 -
1917 -480
1918 -00:29:19,170 ~-~-> 00:29:21,330
1919 -going to see this already on either on Twitter or I'm going
1920 -
1921 -481
1922 -00:29:21,330 ~-~-> 00:29:25,050
1923 -to see it on the forums. And if I left comments open for my
1924 -
1925 -482
1926 -00:29:25,050 ~-~-> 00:29:27,420
1927 -videos on YouTube, not that these are going to be on
1928 -
1929 -483
1930 -00:29:27,420 ~-~-> 00:29:28,650
1931 -YouTube, but if they were,
1932 -
1933 -484
1934 -00:29:30,030 ~-~-> 00:29:32,280
1935 -invariably everyone would come out, say, Well, look at look
1936 -
1937 -485
1938 -00:29:32,280 ~-~-> 00:29:35,820
1939 -at this big move here. You missed. Okay, I agree. You would
1940 -
1941 -486
1942 -00:29:35,820 ~-~-> 00:29:40,740
1943 -have missed this big downturn. Okay, in terms of directional
1944 -
1945 -487
1946 -00:29:40,740 ~-~-> 00:29:43,380
1947 -premise, but there's other tools that we can utilize back
1948 -
1949 -488
1950 -00:29:43,380 ~-~-> 00:29:45,420
1951 -here for that. Okay. So again,
1952 -
1953 -489
1954 -00:29:46,560 ~-~-> 00:29:50,940
1955 -we're building an arsenal of tools, okay. We don't drive a
1956 -
1957 -490
1958 -00:29:50,940 ~-~-> 00:29:54,600
1959 -nail with assault. Okay, I can't say it any simpler than
1960 -
1961 -491
1962 -00:29:54,600 ~-~-> 00:29:59,550
1963 -that. Each tool has its time and purpose. This is a tool and
1964 -
1965 -492
1966 -00:29:59,550 ~-~-> 00:29:59,970
1967 -I'm showing you
1968 -
1969 -493
1970 -00:30:00,000 ~-~-> 00:30:03,720
1971 -It's time and purpose, okay? When the averages are opened
1972 -
1973 -494
1974 -00:30:03,720 ~-~-> 00:30:06,690
1975 -up, and they're stacking, again, the definition of stacking
1976 -
1977 -495
1978 -00:30:06,690 ~-~-> 00:30:10,410
1979 -is when the averages are trending in the same direction and
1980 -
1981 -496
1982 -00:30:10,440 ~-~-> 00:30:11,730
1983 -opening. Okay.
1984 -
1985 -497
1986 -00:30:12,960 ~-~-> 00:30:16,230
1987 -That to me is a qualifier that we're in a bullish market
1988 -
1989 -498
1990 -00:30:16,230 ~-~-> 00:30:19,860
1991 -condition on the higher time frame. So weekly order flow is
1992 -
1993 -499
1994 -00:30:19,860 ~-~-> 00:30:20,340
1995 -higher.
1996 -
1997 -500
1998 -00:30:21,360 ~-~-> 00:30:24,330
1999 -I want you to take a look at this chart now this is June of
2000 -
2001 -501
2002 -00:30:24,330 ~-~-> 00:30:29,370
2003 -2013. In this area here, where we start seeing the averages
2004 -
2005 -502
2006 -00:30:29,370 ~-~-> 00:30:32,910
2007 -open up and we've continuously seen the weekly order flow on
2008 -
2009 -503
2010 -00:30:32,910 ~-~-> 00:30:35,370
2011 -a higher level. Okay, now we're just moving bullish Lee.
2012 -
2013 -504
2014 -00:30:35,640 ~-~-> 00:30:39,180
2015 -Okay. Yes, there's been bearish weeks. Yes, there's been
2016 -
2017 -505
2018 -00:30:39,180 ~-~-> 00:30:43,500
2019 -downturns. Yes, there's been wicked sell offs. But overall,
2020 -
2021 -506
2022 -00:30:43,770 ~-~-> 00:30:47,400
2023 -we've maintained higher highs and higher lows. Okay. So
2024 -
2025 -507
2026 -00:30:47,400 ~-~-> 00:30:50,940
2027 -again, it helps you filter out all that uncertainty that
2028 -
2029 -508
2030 -00:30:50,940 ~-~-> 00:30:53,850
2031 -plagues a lot of the traders that are either reactionary or
2032 -
2033 -509
2034 -00:30:53,850 ~-~-> 00:30:55,740
2035 -just simply have no idea what they're looking for.
2036 -
2037 -510
2038 -00:30:57,180 ~-~-> 00:30:59,970
2039 -Before we go into the weekly order blocks,
2040 -
2041 -511
2042 -00:31:00,000 ~-~-> 00:31:01,560
2043 -So I want to kind of show you
2044 -
2045 -512
2046 -00:31:03,240 ~-~-> 00:31:07,170
2047 -how we can apply this information. Okay? So when you see the
2048 -
2049 -513
2050 -00:31:07,170 ~-~-> 00:31:09,750
2051 -averages opening up here, okay, we're going to use this week
2052 -
2053 -514
2054 -00:31:10,710 ~-~-> 00:31:14,580
2055 -there, okay? And we're going to color our area like this.
2056 -
2057 -515
2058 -00:31:14,640 ~-~-> 00:31:18,270
2059 -Okay, now you can do any color you want. Okay. But what I've
2060 -
2061 -516
2062 -00:31:18,300 ~-~-> 00:31:22,500
2063 -done is I've mapped out the market in terms of, we're in a
2064 -
2065 -517
2066 -00:31:22,500 ~-~-> 00:31:25,530
2067 -bullish condition. Okay? So as long as the averages are like
2068 -
2069 -518
2070 -00:31:25,530 ~-~-> 00:31:28,770
2071 -this, okay? In other words, just let's say for instance, if,
2072 -
2073 -519
2074 -00:31:28,830 ~-~-> 00:31:31,260
2075 -if this is the time of the recording that you're watching
2076 -
2077 -520
2078 -00:31:31,260 ~-~-> 00:31:36,180
2079 -right now, I would be simply doing this, okay with this
2080 -
2081 -521
2082 -00:31:36,210 ~-~-> 00:31:40,950
2083 -data, unknown yet, okay. But right now as it is, we have
2084 -
2085 -522
2086 -00:31:40,950 ~-~-> 00:31:43,590
2087 -this data, so we're just going to look at it like this. But
2088 -
2089 -523
2090 -00:31:43,590 ~-~-> 00:31:48,150
2091 -it doesn't remove the the benefit of studying it in
2092 -
2093 -524
2094 -00:31:48,150 ~-~-> 00:31:51,150
2095 -hindsight, because someone's hindsight today is going to be
2096 -
2097 -525
2098 -00:31:51,150 ~-~-> 00:31:54,690
2099 -your benefit and future tomorrow. And that's what I'm trying
2100 -
2101 -526
2102 -00:31:54,690 ~-~-> 00:31:57,810
2103 -to share with you. Now. If you look at this and discount
2104 -
2105 -527
2106 -00:31:57,870 ~-~-> 00:32:00,000
2107 -immediately, I promise you ever
2108 -
2109 -528
2110 -00:32:00,000 ~-~-> 00:32:01,830
2111 -Everything else I teach you here, you could do the same
2112 -
2113 -529
2114 -00:32:01,830 ~-~-> 00:32:05,100
2115 -thing with it as well, you can nitpick it and find all kinds
2116 -
2117 -530
2118 -00:32:05,100 ~-~-> 00:32:08,490
2119 -of flaws in it. But it's not the individual tool itself.
2120 -
2121 -531
2122 -00:32:08,850 ~-~-> 00:32:13,170
2123 -It's the orchestration of the tools together that build a
2124 -
2125 -532
2126 -00:32:13,170 ~-~-> 00:32:17,400
2127 -confluence of an idea that will hopefully materialize in a
2128 -
2129 -533
2130 -00:32:17,400 ~-~-> 00:32:20,880
2131 -game for you either monetary or understanding what it is
2132 -
2133 -534
2134 -00:32:20,880 ~-~-> 00:32:22,200
2135 -that you should be doing as a trader.
2136 -
2137 -535
2138 -00:32:23,310 ~-~-> 00:32:26,370
2139 -And I'm really focusing more on the latter than the former.
2140 -
2141 -536
2142 -00:32:26,970 ~-~-> 00:32:30,690
2143 -So now looking at this market like this, if we break this
2144 -
2145 -537
2146 -00:32:30,720 ~-~-> 00:32:33,870
2147 -down, and we're just simply going to go down to a one hour
2148 -
2149 -538
2150 -00:32:33,870 ~-~-> 00:32:36,300
2151 -chart, we're going to cut cut through all the four hour and
2152 -
2153 -539
2154 -00:32:36,300 ~-~-> 00:32:39,270
2155 -all that good stuff. We're gonna go right to a four hour
2156 -
2157 -540
2158 -00:32:39,270 ~-~-> 00:32:42,720
2159 -chart. Okay. And we'll be looking at this timeframe here.
2160 -
2161 -541
2162 -00:32:43,170 ~-~-> 00:32:45,780
2163 -Okay, since the June of last year
2164 -
2165 -542
2166 -00:32:47,280 ~-~-> 00:32:50,550
2167 -while we're in this shaded area, okay, we are in what would
2168 -
2169 -543
2170 -00:32:50,550 ~-~-> 00:32:54,900
2171 -be considered a weekly bullish order flow. Okay. I want you
2172 -
2173 -544
2174 -00:32:54,900 ~-~-> 00:32:58,680
2175 -to pay attention to when we see order blocks as you
2176 -
2177 -545
2178 -00:32:58,680 ~-~-> 00:32:59,970
2179 -understand this already, by law.
2180 -
2181 -546
2182 -00:33:00,000 ~-~-> 00:33:02,190
2183 -At the scout sniper series
2184 -
2185 -547
2186 -00:33:04,200 ~-~-> 00:33:07,440
2187 -we see a price rally up aggressive. Okay, so in this area
2188 -
2189 -548
2190 -00:33:07,440 ~-~-> 00:33:10,800
2191 -here in this price, we're just gonna call it 133 25. Okay,
2192 -
2193 -549
2194 -00:33:11,010 ~-~-> 00:33:13,890
2195 -when price moves aggressively away from that, okay, notice
2196 -
2197 -550
2198 -00:33:13,890 ~-~-> 00:33:18,300
2199 -it did rather sharply. Then we pull back down in at a
2200 -
2201 -551
2202 -00:33:18,300 ~-~-> 00:33:19,530
2203 -retracement. Now
2204 -
2205 -552
2206 -00:33:20,880 ~-~-> 00:33:24,060
2207 -if you're simply just looking at my videos and reviews, it
2208 -
2209 -553
2210 -00:33:24,060 ~-~-> 00:33:26,460
2211 -simply looks like I'm grabbing the best of the best in terms
2212 -
2213 -554
2214 -00:33:26,460 ~-~-> 00:33:29,340
2215 -of the highs and lows to pull my fib from and then say look
2216 -
2217 -555
2218 -00:33:29,340 ~-~-> 00:33:31,740
2219 -at this move that I caught or look at this move that you
2220 -
2221 -556
2222 -00:33:31,740 ~-~-> 00:33:33,930
2223 -could have caught, okay, or what kind of great and perfect
2224 -
2225 -557
2226 -00:33:33,930 ~-~-> 00:33:39,870
2227 -my tools are. Okay. You've gleaned another important central
2228 -
2229 -558
2230 -00:33:39,870 ~-~-> 00:33:42,990
2231 -tenant to my understanding of the marketplace by
2232 -
2233 -559
2234 -00:33:43,140 ~-~-> 00:33:47,280
2235 -implementing the ICT order blocks, okay, we understand how
2236 -
2237 -560
2238 -00:33:47,280 ~-~-> 00:33:49,770
2239 -to look at the marketplace and see when institutional
2240 -
2241 -561
2242 -00:33:49,770 ~-~-> 00:33:54,240
2243 -sponsorship enters the marketplace. Okay. The first bearish
2244 -
2245 -562
2246 -00:33:54,240 ~-~-> 00:33:57,270
2247 -candle right here, okay, by applying
2248 -
2249 -563
2250 -00:34:01,709 ~-~-> 00:34:04,499
2251 -Our understanding that we learned in the scout sniper series
2252 -
2253 -564
2254 -00:34:05,159 ~-~-> 00:34:09,929
2255 -with order blocks, when price moves back down into this area
2256 -
2257 -565
2258 -00:34:09,929 ~-~-> 00:34:12,389
2259 -here this order block, that is when we would be looking to
2260 -
2261 -566
2262 -00:34:12,389 ~-~-> 00:34:16,799
2263 -be a buyer. Okay? Notice also that the averages are above,
2264 -
2265 -567
2266 -00:34:17,219 ~-~-> 00:34:22,319
2267 -okay, the red is above. Now we don't use the averages on a
2268 -
2269 -568
2270 -00:34:22,499 ~-~-> 00:34:25,259
2271 -one hour basis but if you're looking to utilize and that's
2272 -
2273 -569
2274 -00:34:25,259 ~-~-> 00:34:28,799
2275 -certainly possible here. Okay. But I guess really I should
2276 -
2277 -570
2278 -00:34:28,799 ~-~-> 00:34:32,879
2279 -be removing I should be removing these these indicators
2280 -
2281 -571
2282 -00:34:32,879 ~-~-> 00:34:35,729
2283 -right now because we've already arrived at our understanding
2284 -
2285 -572
2286 -00:34:35,729 ~-~-> 00:34:38,849
2287 -of what it is specifically they're going to give us
2288 -
2289 -573
2290 -00:34:39,960 ~-~-> 00:34:41,100
2291 -based on the weekly chart.
2292 -
2293 -574
2294 -00:34:42,480 ~-~-> 00:34:45,660
2295 -Okay, so now we can clearly see looking at study of price,
2296 -
2297 -575
2298 -00:34:45,930 ~-~-> 00:34:49,830
2299 -we're in an area where we want to be focusing on buys. Okay.
2300 -
2301 -576
2302 -00:34:50,340 ~-~-> 00:34:53,940
2303 -And by having this understanding, we could be looking to be
2304 -
2305 -577
2306 -00:34:53,940 ~-~-> 00:34:57,360
2307 -a buyer when it gets down into a one hour quarter block.
2308 -
2309 -578
2310 -00:34:57,660 ~-~-> 00:34:58,050
2311 -Okay.
2312 -
2313 -579
2314 -00:35:02,130 ~-~-> 00:35:04,320
2315 -I'm just going to just quickly pan through I'm not going to
2316 -
2317 -580
2318 -00:35:04,320 ~-~-> 00:35:09,870
2319 -try to cherry pick anything but you have price we saw a
2320 -
2321 -581
2322 -00:35:09,870 ~-~-> 00:35:14,220
2323 -price drop down in here okay we have a rather large order
2324 -
2325 -582
2326 -00:35:14,220 ~-~-> 00:35:17,940
2327 -block in here again we discussed why I do not like the long
2328 -
2329 -583
2330 -00:35:17,940 ~-~-> 00:35:22,170
2331 -wick candles in here. So you can you could argue that you
2332 -
2333 -584
2334 -00:35:22,170 ~-~-> 00:35:25,110
2335 -know this would be one here also but again it looks like a
2336 -
2337 -585
2338 -00:35:25,110 ~-~-> 00:35:28,650
2339 -spinning top I want more candle body, okay, so it would be
2340 -
2341 -586
2342 -00:35:28,650 ~-~-> 00:35:31,530
2343 -this one here. Okay, so if we apply that
2344 -
2345 -587
2346 -00:35:37,380 ~-~-> 00:35:43,380
2347 -okay when price drops back down into this area of
2348 -
2349 -588
2350 -00:35:43,380 ~-~-> 00:35:48,000
2351 -waterblock. Okay, we saw price rally in here. We saw price
2352 -
2353 -589
2354 -00:35:48,000 ~-~-> 00:35:53,490
2355 -rally in here. It dipped in deep here, rallied again. Even
2356 -
2357 -590
2358 -00:35:53,490 ~-~-> 00:35:57,570
2359 -this little area right in here. Okay. It doesn't look like
2360 -
2361 -591
2362 -00:35:57,570 ~-~-> 00:35:59,820
2363 -much but that's the trade that you could take intraday.
2364 -
2365 -592
2366 -00:36:00,210 ~-~-> 00:36:03,150
2367 -Okay, that's, that's a favorable trade. If you pull a fit
2368 -
2369 -593
2370 -00:36:03,150 ~-~-> 00:36:05,490
2371 -from this low to this high shore, that would be something
2372 -
2373 -594
2374 -00:36:05,490 ~-~-> 00:36:09,450
2375 -you could be catching a trade on. And again, all we're doing
2376 -
2377 -595
2378 -00:36:09,450 ~-~-> 00:36:12,690
2379 -is simply looking at areas of where price action showed a
2380 -
2381 -596
2382 -00:36:12,690 ~-~-> 00:36:14,880
2383 -potential to bounce. Okay, we're not looking at the
2384 -
2385 -597
2386 -00:36:14,880 ~-~-> 00:36:20,370
2387 -cleanest, you know, major swings a major, you know, price
2388 -
2389 -598
2390 -00:36:20,370 ~-~-> 00:36:24,150
2391 -points to take every single, major high and low. That's not
2392 -
2393 -599
2394 -00:36:24,150 ~-~-> 00:36:26,370
2395 -what I'm teaching here. I'm giving you a means of looking
2396 -
2397 -600
2398 -00:36:26,370 ~-~-> 00:36:31,440
2399 -for consistently profitable setups over a long sample size,
2400 -
2401 -601
2402 -00:36:31,440 ~-~-> 00:36:34,110
2403 -a long period of time, not just giving you the best of the
2404 -
2405 -602
2406 -00:36:34,110 ~-~-> 00:36:36,270
2407 -best and cherry picking because that's entirely two
2408 -
2409 -603
2410 -00:36:36,570 ~-~-> 00:36:39,030
2411 -different things. Okay, that's another whole video series.
2412 -
2413 -604
2414 -00:36:40,980 ~-~-> 00:36:44,070
2415 -But moving forward, okay. Price, even though we were in this
2416 -
2417 -605
2418 -00:36:44,070 ~-~-> 00:36:48,060
2419 -long, long period of of drawdown in here, okay, in terms of
2420 -
2421 -606
2422 -00:36:48,060 ~-~-> 00:36:51,300
2423 -price dropping, lower, lower, lower, okay. One could argue,
2424 -
2425 -607
2426 -00:36:51,300 ~-~-> 00:36:54,090
2427 -hey, look, you know, I'm not able to get a trade, you know,
2428 -
2429 -608
2430 -00:36:54,630 ~-~-> 00:36:56,970
2431 -during this period of time, I can't I can't see any any
2432 -
2433 -609
2434 -00:36:56,970 ~-~-> 00:37:01,110
2435 -means of looking to be a buyer in here. And that's fine.
2436 -
2437 -610
2438 -00:37:01,350 ~-~-> 00:37:04,140
2439 -Because you know what, this is just one pair of many that
2440 -
2441 -611
2442 -00:37:04,140 ~-~-> 00:37:07,710
2443 -you have to choose from. Simply because I focus on the euro
2444 -
2445 -612
2446 -00:37:07,740 ~-~-> 00:37:11,790
2447 -and British Pound doesn't mean that you can't pay attention
2448 -
2449 -613
2450 -00:37:11,790 ~-~-> 00:37:15,420
2451 -to other particular pairs. All I'm showing you here is if
2452 -
2453 -614
2454 -00:37:15,510 ~-~-> 00:37:19,020
2455 -I'm in the Euro, I want to be a buyer. Okay? If especially
2456 -
2457 -615
2458 -00:37:19,020 ~-~-> 00:37:21,180
2459 -if I'm going to be loading up the maximum amount of risk
2460 -
2461 -616
2462 -00:37:21,630 ~-~-> 00:37:27,330
2463 -allocation to my trades. Okay, price. Let's come back here
2464 -
2465 -617
2466 -00:37:27,330 ~-~-> 00:37:30,360
2467 -just a little bit. We have this area of consolidation, okay,
2468 -
2469 -618
2470 -00:37:30,360 ~-~-> 00:37:34,410
2471 -support resistance price rallies through it comes back down
2472 -
2473 -619
2474 -00:37:35,100 ~-~-> 00:37:38,910
2475 -almost to an area of old high in here, or high as well over
2476 -
2477 -620
2478 -00:37:38,910 ~-~-> 00:37:41,340
2479 -here comes down and then what does it do? It doesn't spend
2480 -
2481 -621
2482 -00:37:41,340 ~-~-> 00:37:44,880
2483 -much time here does it? It rallies off. Now again, focus on
2484 -
2485 -622
2486 -00:37:44,880 ~-~-> 00:37:48,960
2487 -the big picture. We are inside of a bullish weekly order
2488 -
2489 -623
2490 -00:37:48,960 ~-~-> 00:37:52,800
2491 -flow. Okay, so we want to be seeing these types of events in
2492 -
2493 -624
2494 -00:37:52,800 ~-~-> 00:37:56,430
2495 -here. Okay. Price rallies up and it comes back down whereas
2496 -
2497 -625
2498 -00:37:56,430 ~-~-> 00:38:00,750
2499 -it really was a drop down into previous waterblock we're
2500 -
2501 -626
2502 -00:38:00,750 ~-~-> 00:38:04,530
2503 -here. Okay, the bearish candle prior to the rally up inside
2504 -
2505 -627
2506 -00:38:04,530 ~-~-> 00:38:08,700
2507 -the bearish candle again what is our our understanding of
2508 -
2509 -628
2510 -00:38:08,700 ~-~-> 00:38:12,690
2511 -the marketplace smart money buys in down markets and they
2512 -
2513 -629
2514 -00:38:12,690 ~-~-> 00:38:18,300
2515 -sell in up markets. Okay, relate that to a candle there yes
2516 -
2517 -630
2518 -00:38:18,300 ~-~-> 00:38:20,760
2519 -they may be buying in this candle here okay but we're
2520 -
2521 -631
2522 -00:38:20,790 ~-~-> 00:38:24,450
2523 -looking inside the bearish candle. Okay, let's zoom in a
2524 -
2525 -632
2526 -00:38:24,450 ~-~-> 00:38:31,830
2527 -little bit better we're looking inside this bearish candle
2528 -
2529 -633
2530 -00:38:32,070 ~-~-> 00:38:41,370
2531 -prior to this move up okay. So by applying that we can get
2532 -
2533 -634
2534 -00:38:41,370 ~-~-> 00:38:44,520
2535 -very precise in terms of where we would anticipate seeing a
2536 -
2537 -635
2538 -00:38:44,520 ~-~-> 00:38:52,590
2539 -market move higher okay we have a smaller order block here
2540 -
2541 -636
2542 -00:38:53,310 ~-~-> 00:38:56,790
2543 -as well okay we saw price come down into our large or block
2544 -
2545 -637
2546 -00:38:56,790 ~-~-> 00:39:00,960
2547 -here. Price rallies. Okay. It comes Back And where's it come
2548 -
2549 -638
2550 -00:39:00,960 ~-~-> 00:39:08,610
2551 -back to the previous order block right in here. So here's an
2552 -
2553 -639
2554 -00:39:08,820 ~-~-> 00:39:12,870
2555 -opportunity to be in here being a buyer. Look how precise
2556 -
2557 -640
2558 -00:39:13,170 ~-~-> 00:39:19,530
2559 -these areas of bullish order blocks inside of this larger
2560 -
2561 -641
2562 -00:39:19,530 ~-~-> 00:39:22,380
2563 -weekly order flow that's bullish, look at the reaction
2564 -
2565 -642
2566 -00:39:22,380 ~-~-> 00:39:25,740
2567 -you're getting. Okay? And I want you to pay attention to the
2568 -
2569 -643
2570 -00:39:25,740 ~-~-> 00:39:27,990
2571 -dates at the bottom of the chart because you're going to see
2572 -
2573 -644
2574 -00:39:27,990 ~-~-> 00:39:31,380
2575 -how many times these setups present themselves. Okay, we
2576 -
2577 -645
2578 -00:39:31,380 ~-~-> 00:39:35,580
2579 -have another bearish order block right in here or we could
2580 -
2581 -646
2582 -00:39:35,580 ~-~-> 00:39:38,340
2583 -use the older order block. Okay, we comes down certainly
2584 -
2585 -647
2586 -00:39:38,340 ~-~-> 00:39:41,190
2587 -down into it there. But we're going to be a realist and
2588 -
2589 -648
2590 -00:39:41,190 ~-~-> 00:39:46,200
2591 -we're going to say that you're utilizing this candle here. I
2592 -
2593 -649
2594 -00:39:46,200 ~-~-> 00:39:49,410
2595 -don't like this because to wiki Okay, so I'd be willing to
2596 -
2597 -650
2598 -00:39:49,410 ~-~-> 00:39:53,340
2599 -be a buyer and once we broke below the candles high here,
2600 -
2601 -651
2602 -00:39:53,490 ~-~-> 00:39:58,680
2603 -okay, not No. Words. Yes, this candles highs lower than this
2604 -
2605 -652
2606 -00:39:58,680 ~-~-> 00:40:01,290
2607 -one. Okay. So I Dealing with risk would be smaller by
2608 -
2609 -653
2610 -00:40:01,290 ~-~-> 00:40:04,200
2611 -utilizing this one but I want to be sticking to my rules the
2612 -
2613 -654
2614 -00:40:04,200 ~-~-> 00:40:07,740
2615 -rules require a little bit more of a body on down candle in
2616 -
2617 -655
2618 -00:40:07,770 ~-~-> 00:40:10,830
2619 -a bullish order block so how are you utilizing this one? So
2620 -
2621 -656
2622 -00:40:10,860 ~-~-> 00:40:15,870
2623 -the price comes down in here okay the close on this candle
2624 -
2625 -657
2626 -00:40:16,140 ~-~-> 00:40:17,340
2627 -Let me see if I can get the pull up
2628 -
2629 -658
2630 -00:40:23,550 ~-~-> 00:40:28,560
2631 -well let's give me a hard time now but it's not much in
2632 -
2633 -659
2634 -00:40:28,560 ~-~-> 00:40:30,450
2635 -terms of decline and we just had
2636 -
2637 -660
2638 -00:40:41,100 ~-~-> 00:40:45,420
2639 -we'll have to move on the price comes back down into this
2640 -
2641 -661
2642 -00:40:45,420 ~-~-> 00:40:48,510
2643 -order block and what does it do it snaps back up again. Okay
2644 -
2645 -662
2646 -00:40:48,510 ~-~-> 00:40:53,700
2647 -and rallies. What I find interesting is okay that price not
2648 -
2649 -663
2650 -00:40:53,700 ~-~-> 00:40:57,510
2651 -only comes down into it here, rallies off, okay, but comes
2652 -
2653 -664
2654 -00:40:57,510 ~-~-> 00:41:02,280
2655 -back down into it again. The same order block. Okay, rallies
2656 -
2657 -665
2658 -00:41:02,280 ~-~-> 00:41:06,420
2659 -off again, comes back down one more time when you see this,
2660 -
2661 -666
2662 -00:41:06,600 ~-~-> 00:41:10,290
2663 -okay, they're really really accumulating positions in here.
2664 -
2665 -667
2666 -00:41:11,220 ~-~-> 00:41:15,450
2667 -Okay, they're really accumulating positions. Now this is
2668 -
2669 -668
2670 -00:41:15,450 ~-~-> 00:41:18,270
2671 -going to answer one of the questions I get a lot. How do I
2672 -
2673 -669
2674 -00:41:18,270 ~-~-> 00:41:22,950
2675 -know that price is going to hold a support level? Okay.
2676 -
2677 -670
2678 -00:41:23,940 ~-~-> 00:41:26,670
2679 -Well, we have a bullish order block here. Okay, and now
2680 -
2681 -671
2682 -00:41:26,670 ~-~-> 00:41:30,210
2683 -we're going to do is add a horizontal line. And I think
2684 -
2685 -672
2686 -00:41:30,240 ~-~-> 00:41:32,940
2687 -everyone that's watching would agree that this is probably a
2688 -
2689 -673
2690 -00:41:32,940 ~-~-> 00:41:37,020
2691 -good level to choose. I'm just gonna use a 60 nice round
2692 -
2693 -674
2694 -00:41:37,020 ~-~-> 00:41:41,490
2695 -number. We find this support here we find support here. We
2696 -
2697 -675
2698 -00:41:41,490 ~-~-> 00:41:45,690
2699 -find support here and then we've rallied off okay. When you
2700 -
2701 -676
2702 -00:41:45,690 ~-~-> 00:41:49,500
2703 -see the level being accumulated like this inside an order
2704 -
2705 -677
2706 -00:41:49,500 ~-~-> 00:41:56,280
2707 -block inside of an a weekly bullish order flow, okay? That's
2708 -
2709 -678
2710 -00:41:56,340 ~-~-> 00:41:59,610
2711 -how I trust the level to be a support level and not be
2712 -
2713 -679
2714 -00:41:59,610 ~-~-> 00:42:03,780
2715 -violated. Okay, now, again, because we trade in the gray. In
2716 -
2717 -680
2718 -00:42:03,780 ~-~-> 00:42:07,440
2719 -other words, we don't trade with the perfection of black and
2720 -
2721 -681
2722 -00:42:07,440 ~-~-> 00:42:11,070
2723 -white, we have to tray trade in between that, okay? And it's
2724 -
2725 -682
2726 -00:42:11,070 ~-~-> 00:42:16,350
2727 -going to be a lot of times on clear. But we trust our
2728 -
2729 -683
2730 -00:42:16,470 ~-~-> 00:42:19,410
2731 -understanding of what the marketplace gives us over a large
2732 -
2733 -684
2734 -00:42:19,410 ~-~-> 00:42:22,350
2735 -sample size of doing the same thing over and over and over
2736 -
2737 -685
2738 -00:42:22,350 ~-~-> 00:42:27,780
2739 -again, building a reference point of trust and the tools,
2740 -
2741 -686
2742 -00:42:27,840 ~-~-> 00:42:30,000
2743 -okay, again, this is the reason why you simply can't watch
2744 -
2745 -687
2746 -00:42:30,000 ~-~-> 00:42:32,850
2747 -these videos and go out and start making 32% a month, okay?
2748 -
2749 -688
2750 -00:42:32,850 ~-~-> 00:42:34,560
2751 -It's not it's not going to happen like that. You have to
2752 -
2753 -689
2754 -00:42:34,560 ~-~-> 00:42:38,190
2755 -spend some time warming up to the tools owning them, making
2756 -
2757 -690
2758 -00:42:38,190 ~-~-> 00:42:41,850
2759 -them your own, okay. But this is the framework that I
2760 -
2761 -691
2762 -00:42:41,850 ~-~-> 00:42:45,450
2763 -utilize the trust a support level, if, if the order blocks
2764 -
2765 -692
2766 -00:42:45,450 ~-~-> 00:42:48,660
2767 -are being respected on the bullish side, support levels
2768 -
2769 -693
2770 -00:42:48,660 ~-~-> 00:42:52,350
2771 -around that order block should maintain, okay, it's that
2772 -
2773 -694
2774 -00:42:52,350 ~-~-> 00:42:58,290
2775 -simple. It's no real Voodoo to it. Price rallies up strongly
2776 -
2777 -695
2778 -00:43:01,230 ~-~-> 00:43:04,290
2779 -You can see we had more of a consolidation here. And again
2780 -
2781 -696
2782 -00:43:04,320 ~-~-> 00:43:08,160
2783 -back here, we saw that support level that we have identified
2784 -
2785 -697
2786 -00:43:08,160 ~-~-> 00:43:11,610
2787 -here, okay, that we expect it to be a solid support line and
2788 -
2789 -698
2790 -00:43:11,610 ~-~-> 00:43:15,360
2791 -should maintain price above it. And you see a very, very
2792 -
2793 -699
2794 -00:43:15,360 ~-~-> 00:43:20,220
2795 -huge extrapolated move on the upside. Okay, now think we're
2796 -
2797 -700
2798 -00:43:20,220 ~-~-> 00:43:24,060
2799 -seeing the biggest moves with the shortest amount of time
2800 -
2801 -701
2802 -00:43:24,060 ~-~-> 00:43:28,260
2803 -happening going lower or going higher, going higher. Okay,
2804 -
2805 -702
2806 -00:43:28,560 ~-~-> 00:43:31,320
2807 -the order blocks on the bullish side of the markets, places
2808 -
2809 -703
2810 -00:43:31,320 ~-~-> 00:43:34,290
2811 -being respected, a great deal, and that's what you're
2812 -
2813 -704
2814 -00:43:34,290 ~-~-> 00:43:38,040
2815 -looking for. That's the that's behind the peels of the onion
2816 -
2817 -705
2818 -00:43:38,040 ~-~-> 00:43:41,190
2819 -you're looking for. You're investigating not only trading
2820 -
2821 -706
2822 -00:43:41,190 ~-~-> 00:43:45,330
2823 -the market and you're investigating on a daily basis, what's
2824 -
2825 -707
2826 -00:43:45,330 ~-~-> 00:43:48,870
2827 -being respected. Okay, if we're on a weekly order block, and
2828 -
2829 -708
2830 -00:43:48,900 ~-~-> 00:43:51,900
2831 -I'm sorry, a weekly order flood is bullish, and we have
2832 -
2833 -709
2834 -00:43:51,960 ~-~-> 00:43:55,800
2835 -order blocks on a daily four hour and one hour chart being
2836 -
2837 -710
2838 -00:43:55,800 ~-~-> 00:43:59,250
2839 -respected. How would you ever feel comfortable going short
2840 -
2841 -711
2842 -00:43:59,250 ~-~-> 00:44:02,220
2843 -in that condition? Why would you want to do that? Even if
2844 -
2845 -712
2846 -00:44:02,220 ~-~-> 00:44:05,160
2847 -you're a day trader? Why would you want to do that? It just
2848 -
2849 -713
2850 -00:44:05,160 ~-~-> 00:44:08,400
2851 -goes against the grain. Why would you do that? Hopefully
2852 -
2853 -714
2854 -00:44:08,430 ~-~-> 00:44:11,700
2855 -with this video series in the previous with the sniper
2856 -
2857 -715
2858 -00:44:11,700 ~-~-> 00:44:15,210
2859 -series, you'll see that going against the grain many times
2860 -
2861 -716
2862 -00:44:15,300 ~-~-> 00:44:18,720
2863 -is just not worth it, even if it's, you know, because you
2864 -
2865 -717
2866 -00:44:18,720 ~-~-> 00:44:21,900
2867 -see something that you've missed on the long side. Well, I
2868 -
2869 -718
2870 -00:44:21,900 ~-~-> 00:44:23,850
2871 -want to I want to be a seller because I missed a big moose
2872 -
2873 -719
2874 -00:44:23,880 ~-~-> 00:44:27,810
2875 -catch me a little bit of a retracement. Why, why not to sit
2876 -
2877 -720
2878 -00:44:27,810 ~-~-> 00:44:31,650
2879 -back and turn it computers off, go watch a movie, go read a
2880 -
2881 -721
2882 -00:44:31,650 ~-~-> 00:44:34,260
2883 -book, go spend time with your spouse or kids and then come
2884 -
2885 -722
2886 -00:44:34,260 ~-~-> 00:44:37,320
2887 -back and wait for when the market participants are lining up
2888 -
2889 -723
2890 -00:44:37,320 ~-~-> 00:44:39,810
2891 -the next move going higher with a bullish order block inside
2892 -
2893 -724
2894 -00:44:39,810 ~-~-> 00:44:43,650
2895 -this weekly order flow that's bullish. Okay. It gives you
2896 -
2897 -725
2898 -00:44:43,650 ~-~-> 00:44:48,270
2899 -that patience factor that's so hard to grab ahold of as a
2900 -
2901 -726
2902 -00:44:48,270 ~-~-> 00:44:54,630
2903 -new trader that that skill set is learned by just getting in
2904 -
2905 -727
2906 -00:44:54,630 ~-~-> 00:44:58,800
2907 -the marketplace and doing it. It really the patient's is
2908 -
2909 -728
2910 -00:44:58,800 ~-~-> 00:45:03,330
2911 -honed by the not Doing it okay to doing the lack thereof of
2912 -
2913 -729
2914 -00:45:03,330 ~-~-> 00:45:08,340
2915 -doing it. Okay, if you will. So we have price again, giving
2916 -
2917 -730
2918 -00:45:08,340 ~-~-> 00:45:10,350
2919 -us more more opportunity. Now again, I'm showing you a
2920 -
2921 -731
2922 -00:45:10,350 ~-~-> 00:45:13,770
2923 -completely naked approach. I just gave you one example how I
2924 -
2925 -732
2926 -00:45:13,770 ~-~-> 00:45:16,740
2927 -classify and qualify a support level or resistance level.
2928 -
2929 -733
2930 -00:45:16,740 ~-~-> 00:45:20,880
2931 -Same way just reversing it. But we're looking at pure naked
2932 -
2933 -734
2934 -00:45:20,880 ~-~-> 00:45:25,860
2935 -trading. Absolutely. No indicators. Absolutely no Fibonacci,
2936 -
2937 -735
2938 -00:45:26,010 ~-~-> 00:45:26,700
2939 -no.
2940 -
2941 -736
2942 -00:45:27,179 ~-~-> 00:45:30,299
2943 -pivots, No, none of that stuff. Okay. I want you to look at
2944 -
2945 -737
2946 -00:45:30,299 ~-~-> 00:45:35,429
2947 -the inherent nature, price behavior repeats over and over
2948 -
2949 -738
2950 -00:45:35,429 ~-~-> 00:45:40,019
2951 -and over again. Okay. Price comes down, rallies off sharply.
2952 -
2953 -739
2954 -00:45:40,259 ~-~-> 00:45:42,749
2955 -Okay. So if you sat down to chart and say, well look at
2956 -
2957 -740
2958 -00:45:42,749 ~-~-> 00:45:46,439
2959 -this, this is really running up. Many times new traders so
2960 -
2961 -741
2962 -00:45:46,439 ~-~-> 00:45:48,179
2963 -look at this, we're making a bull flag I'm going to buy
2964 -
2965 -742
2966 -00:45:48,209 ~-~-> 00:45:52,859
2967 -don't buy expecting the repeat of this move to here to be
2968 -
2969 -743
2970 -00:45:52,859 ~-~-> 00:45:56,789
2971 -replicated here and go up higher. It didn't do it here. You
2972 -
2973 -744
2974 -00:45:56,789 ~-~-> 00:45:58,769
2975 -as a professional trader say, Hey, you know what, I've
2976 -
2977 -745
2978 -00:45:58,769 ~-~-> 00:46:01,079
2979 -watched inner circle traders. You scout sniper series and on
2980 -
2981 -746
2982 -00:46:01,079 ~-~-> 00:46:07,259
2983 -Now watch this new precision concepts series. I know this up
2984 -
2985 -747
2986 -00:46:07,259 ~-~-> 00:46:11,249
2987 -here, these are inflated prices. I'm not paying inflated
2988 -
2989 -748
2990 -00:46:11,249 ~-~-> 00:46:14,909
2991 -prices, okay, I'm not willing to do that. I want to sit back
2992 -
2993 -749
2994 -00:46:14,999 ~-~-> 00:46:19,229
2995 -and get a better deal on being a buyer. Okay because think
2996 -
2997 -750
2998 -00:46:19,229 ~-~-> 00:46:22,289
2999 -about it, if this is your point of origin down here, okay,
3000 -
3001 -751
3002 -00:46:22,289 ~-~-> 00:46:25,619
3003 -this is where the market took off. Inside this bearish
3004 -
3005 -752
3006 -00:46:25,619 ~-~-> 00:46:29,519
3007 -candle is where all the Smart Money was buying. Granted they
3008 -
3009 -753
3010 -00:46:29,519 ~-~-> 00:46:32,069
3011 -may have been buying more and more more here, but I promise
3012 -
3013 -754
3014 -00:46:32,069 ~-~-> 00:46:34,679
3015 -you the majority of their buy order was facilitated during
3016 -
3017 -755
3018 -00:46:34,679 ~-~-> 00:46:38,819
3019 -this bearish candle probably if not, if at all majority of
3020 -
3021 -756
3022 -00:46:38,819 ~-~-> 00:46:43,199
3023 -it being in the lower third of the candle itself. So if you
3024 -
3025 -757
3026 -00:46:43,199 ~-~-> 00:46:50,579
3027 -look at the order block, we add that here to tie the first
3028 -
3029 -758
3030 -00:46:50,579 ~-~-> 00:46:56,759
3031 -bearish candle going right before the moves, begin. Market
3032 -
3033 -759
3034 -00:46:56,759 ~-~-> 00:46:59,429
3035 -drops back down inside of that, okay, and again, I'm not
3036 -
3037 -760
3038 -00:46:59,429 ~-~-> 00:47:02,039
3039 -going to apply it Fibonacci is here, guys. I want this to be
3040 -
3041 -761
3042 -00:47:02,039 ~-~-> 00:47:07,079
3043 -pure and simply focused on the price action alone. I don't
3044 -
3045 -762
3046 -00:47:07,079 ~-~-> 00:47:09,509
3047 -want to have any kind of muddled charts, I don't want to
3048 -
3049 -763
3050 -00:47:09,509 ~-~-> 00:47:12,269
3051 -look it look like I'm cherry picking it and make it look
3052 -
3053 -764
3054 -00:47:12,269 ~-~-> 00:47:15,689
3055 -perfect for you. I'm showing you what it is you're looking
3056 -
3057 -765
3058 -00:47:15,689 ~-~-> 00:47:19,409
3059 -for why you're looking for it when you're looking for, okay,
3060 -
3061 -766
3062 -00:47:19,709 ~-~-> 00:47:22,679
3063 -again, don't lose sight that we're in this larger gray
3064 -
3065 -767
3066 -00:47:22,679 ~-~-> 00:47:26,999
3067 -shaded area where what the weekly order flow is bullish.
3068 -
3069 -768
3070 -00:47:27,629 ~-~-> 00:47:31,409
3071 -Okay, I could care less if I'm going to be a short term
3072 -
3073 -769
3074 -00:47:31,409 ~-~-> 00:47:35,909
3075 -trader, or if I'm going to be an intraday swing trader. This
3076 -
3077 -770
3078 -00:47:35,909 ~-~-> 00:47:39,479
3079 -is the type of setup that you're looking for. Okay, price
3080 -
3081 -771
3082 -00:47:39,479 ~-~-> 00:47:43,079
3083 -comes back down. And we're going to look for the order block
3084 -
3085 -772
3086 -00:47:43,079 ~-~-> 00:47:46,229
3087 -to be fulfilled as a buy right here. We dipped back down
3088 -
3089 -773
3090 -00:47:46,229 ~-~-> 00:47:48,839
3091 -inside of this. Okay, you can pull your fit from here to
3092 -
3093 -774
3094 -00:47:48,839 ~-~-> 00:47:52,889
3095 -here. Look on your daily pivots, look for some confluence of
3096 -
3097 -775
3098 -00:47:53,039 ~-~-> 00:47:56,039
3099 -supporting factors around here. But we're also trading about
3100 -
3101 -776
3102 -00:47:56,069 ~-~-> 00:48:00,299
3103 -what level the 134 80 level that's an institution level
3104 -
3105 -777
3106 -00:48:00,299 ~-~-> 00:48:03,929
3107 -that's one we'd like to see. Okay, price bounces off at
3108 -
3109 -778
3110 -00:48:03,929 ~-~-> 00:48:07,049
3111 -comes back down one more time dips into this order block.
3112 -
3113 -779
3114 -00:48:07,379 ~-~-> 00:48:10,889
3115 -Now we're going to scroll forward and see, you think that's
3116 -
3117 -780
3118 -00:48:10,889 ~-~-> 00:48:14,849
3119 -a price reaction that's it's worthy of your attention.
3120 -
3121 -781
3122 -00:48:15,419 ~-~-> 00:48:19,349
3123 -Again, we're looking at just simply looking at weekly order
3124 -
3125 -782
3126 -00:48:19,349 ~-~-> 00:48:23,819
3127 -flow as a framework of determining where we should be doing
3128 -
3129 -783
3130 -00:48:23,819 ~-~-> 00:48:27,569
3131 -our buying or selling. Okay? And by having that we're
3132 -
3133 -784
3134 -00:48:27,569 ~-~-> 00:48:31,349
3135 -limiting our focus really only on one side of the
3136 -
3137 -785
3138 -00:48:31,349 ~-~-> 00:48:35,069
3139 -marketplace. We won't be lulled into thinking we need to be
3140 -
3141 -786
3142 -00:48:35,069 ~-~-> 00:48:38,849
3143 -a bear. And we're okay with price moves dropping lower,
3144 -
3145 -787
3146 -00:48:38,939 ~-~-> 00:48:41,519
3147 -okay, because that's doing what for us. It's setting up a
3148 -
3149 -788
3150 -00:48:41,519 ~-~-> 00:48:45,689
3151 -next potential buy. Okay, and that's a very handsome move
3152 -
3153 -789
3154 -00:48:45,689 ~-~-> 00:48:50,609
3155 -right here. And I mean, that's a decent move. That's what is
3156 -
3157 -790
3158 -00:48:50,609 ~-~-> 00:48:56,429
3159 -that 1020 3040 5060 7080 almost 90 pips made available to
3160 -
3161 -791
3162 -00:48:56,429 ~-~-> 00:49:00,449
3163 -you just simply using this concept of understanding Higher
3164 -
3165 -792
3166 -00:49:00,449 ~-~-> 00:49:03,839
3167 -timeframe order flow, looking for order blocks and a lower
3168 -
3169 -793
3170 -00:49:03,839 ~-~-> 00:49:08,579
3171 -timeframe to support the idea of buying, okay, but more
3172 -
3173 -794
3174 -00:49:08,579 ~-~-> 00:49:12,029
3175 -importantly, that goes along with our title of the series.
3176 -
3177 -795
3178 -00:49:12,299 ~-~-> 00:49:16,529
3179 -Look how precise Okay, look how precise these reactions are
3180 -
3181 -796
3182 -00:49:16,529 ~-~-> 00:49:22,799
3183 -occurring exactly where we're expecting to see. I'm going to
3184 -
3185 -797
3186 -00:49:22,799 ~-~-> 00:49:30,959
3187 -show you I'm going to give you a view on how much this is
3188 -
3189 -798
3190 -00:49:30,959 ~-~-> 00:49:34,889
3191 -our order block, okay, and it dipped down to the tune of
3192 -
3193 -799
3194 -00:49:35,969 ~-~-> 00:49:39,899
3195 -looking at five pips. It only moves five pips into the order
3196 -
3197 -800
3198 -00:49:39,899 ~-~-> 00:49:43,319
3199 -block. Okay? So that means if you're buying inside this
3200 -
3201 -801
3202 -00:49:43,319 ~-~-> 00:49:45,839
3203 -order block and you can just put a stop below here, we're
3204 -
3205 -802
3206 -00:49:45,839 ~-~-> 00:49:48,389
3207 -going to say 10 pips I'm going to be fair, I could say you
3208 -
3209 -803
3210 -00:49:48,389 ~-~-> 00:49:51,659
3211 -five pips but I don't want it to be too perfect. We're going
3212 -
3213 -804
3214 -00:49:51,659 ~-~-> 00:49:55,259
3215 -to say we're buying right at the order block. Okay, so in
3216 -
3217 -805
3218 -00:49:55,259 ~-~-> 00:49:57,479
3219 -order to want to allow the marketplace to trade to this
3220 -
3221 -806
3222 -00:49:57,479 ~-~-> 00:50:02,639
3223 -point, it's got to go at least, I guess the general mean is
3224 -
3225 -807
3226 -00:50:02,669 ~-~-> 00:50:06,569
3227 -about three pips for most retail platforms but if you if
3228 -
3229 -808
3230 -00:50:06,569 ~-~-> 00:50:11,489
3231 -you're buying down here you're going to get your fill here's
3232 -
3233 -809
3234 -00:50:11,489 ~-~-> 00:50:17,399
3235 -the low and we go 10 pips below that. Your stops around
3236 -
3237 -810
3238 -00:50:17,399 ~-~-> 00:50:24,209
3239 -134 50 Okay, so that's not bad and it's less than a 30 PIP
3240 -
3241 -811
3242 -00:50:24,209 ~-~-> 00:50:26,099
3243 -stop that's 21 pips
3244 -
3245 -812
3246 -00:50:27,570 ~-~-> 00:50:31,740
3247 -to get this type of move so who out in the audience would
3248 -
3249 -813
3250 -00:50:31,770 ~-~-> 00:50:35,730
3251 -would say you know, part of my expression but screw you ICT
3252 -
3253 -814
3254 -00:50:35,730 ~-~-> 00:50:38,940
3255 -I don't want to make 90 pips and risk 25 you know, how dare
3256 -
3257 -815
3258 -00:50:38,940 ~-~-> 00:50:42,570
3259 -you ask me something like that is that that's the mindset
3260 -
3261 -816
3262 -00:50:42,570 ~-~-> 00:50:45,720
3263 -that you know you should be adopting, okay going into this
3264 -
3265 -817
3266 -00:50:45,720 ~-~-> 00:50:47,850
3267 -because when you're looking for three to one setups like
3268 -
3269 -818
3270 -00:50:47,850 ~-~-> 00:50:54,120
3271 -this, it really perpetuates your, your equity curve to
3272 -
3273 -819
3274 -00:50:54,120 ~-~-> 00:50:56,280
3275 -higher heights than you probably have ever expected to be
3276 -
3277 -820
3278 -00:50:56,280 ~-~-> 00:51:02,220
3279 -able to see also, again, Can't stress the level of
3280 -
3281 -821
3282 -00:51:02,520 ~-~-> 00:51:05,970
3283 -confidence that you have as a trader, when you apply these
3284 -
3285 -822
3286 -00:51:05,970 ~-~-> 00:51:11,280
3287 -concepts routinely, you stay within the roles of what they
3288 -
3289 -823
3290 -00:51:11,310 ~-~-> 00:51:14,370
3291 -are requiring you to do. And by looking at the marketplace
3292 -
3293 -824
3294 -00:51:14,400 ~-~-> 00:51:17,490
3295 -with an understanding of what it is you're doing, why you're
3296 -
3297 -825
3298 -00:51:17,490 ~-~-> 00:51:20,610
3299 -doing it, and the times of the day that you're expecting
3300 -
3301 -826
3302 -00:51:20,610 ~-~-> 00:51:23,730
3303 -these things to occur as well. Okay? So again, I'm not
3304 -
3305 -827
3306 -00:51:23,730 ~-~-> 00:51:28,920
3307 -trying to give you the whole recanting of the sniper series
3308 -
3309 -828
3310 -00:51:28,920 ~-~-> 00:51:32,100
3311 -here, but go back through that video series. If you've if
3312 -
3313 -829
3314 -00:51:32,100 ~-~-> 00:51:34,320
3315 -you've gone through it once or twice, do it again. And then
3316 -
3317 -830
3318 -00:51:34,320 ~-~-> 00:51:36,450
3319 -come back to this video series one more time and I promise
3320 -
3321 -831
3322 -00:51:36,450 ~-~-> 00:51:40,710
3323 -you the ideas will dovetail so uniformly, when you look at
3324 -
3325 -832
3326 -00:51:40,710 ~-~-> 00:51:42,660
3327 -the price charts, you're going to absolutely fall off your
3328 -
3329 -833
3330 -00:51:42,660 ~-~-> 00:51:44,790
3331 -chair and say, You know what, man, this has been right here
3332 -
3333 -834
3334 -00:51:44,790 ~-~-> 00:51:47,100
3335 -the whole time staring me in the face, but you don't
3336 -
3337 -835
3338 -00:51:47,160 ~-~-> 00:51:51,690
3339 -understand it. It's like reading music. Okay. I couldn't
3340 -
3341 -836
3342 -00:51:51,690 ~-~-> 00:51:54,990
3343 -read music to save my life. Okay, I have a son that plays
3344 -
3345 -837
3346 -00:51:54,990 ~-~-> 00:51:58,950
3347 -the trombone. Why he picked that instrument? I don't know.
3348 -
3349 -838
3350 -00:51:59,820 ~-~-> 00:52:04,800
3351 -But He can read sheet music. And to me it looks like it's in
3352 -
3353 -839
3354 -00:52:04,830 ~-~-> 00:52:07,890
3355 -hieroglyphic form. I can't get anything out of that stuff
3356 -
3357 -840
3358 -00:52:07,890 ~-~-> 00:52:09,720
3359 -but he can look at the sheets all you have to do to do and
3360 -
3361 -841
3362 -00:52:09,720 ~-~-> 00:52:12,720
3363 -he starts playing it right away. When you look at the the
3364 -
3365 -842
3366 -00:52:12,720 ~-~-> 00:52:19,380
3367 -price charts, okay. Linda, from the book, street smarts made
3368 -
3369 -843
3370 -00:52:19,380 ~-~-> 00:52:24,300
3371 -a very good analogy. She She plays piano and she reviews the
3372 -
3373 -844
3374 -00:52:24,300 ~-~-> 00:52:27,450
3375 -marketplace as like reading musical notes. Okay, and she
3376 -
3377 -845
3378 -00:52:27,450 ~-~-> 00:52:31,320
3379 -knows how to interpret what it is that price charts. are you
3380 -
3381 -846
3382 -00:52:31,590 ~-~-> 00:52:35,850
3383 -communicating to her? To me, I just look at price. You know
3384 -
3385 -847
3386 -00:52:35,850 ~-~-> 00:52:40,950
3387 -how I communicate to you I adopted this sniper persona, not
3388 -
3389 -848
3390 -00:52:40,950 ~-~-> 00:52:43,440
3391 -because it sounds cool, and I'm a guy. It just happens to be
3392 -
3393 -849
3394 -00:52:43,470 ~-~-> 00:52:47,190
3395 -a bonus. But to me, this makes perfect sense. I lie in wait.
3396 -
3397 -850
3398 -00:52:47,490 ~-~-> 00:52:51,840
3399 -I want to see price come to me. When that prey steps into my
3400 -
3401 -851
3402 -00:52:51,840 ~-~-> 00:52:56,880
3403 -scope. It's going down. Okay, I might have to shoot one more
3404 -
3405 -852
3406 -00:52:56,880 ~-~-> 00:53:00,000
3407 -time to ultimately get it. Okay, but I'm going to shoot
3408 -
3409 -853
3410 -00:53:00,570 ~-~-> 00:53:03,720
3411 -Nonetheless, when it steps into my scope, I'm not painting
3412 -
3413 -854
3414 -00:53:03,720 ~-~-> 00:53:07,560
3415 -all around with my scope. Okay, I'm waiting for it to come
3416 -
3417 -855
3418 -00:53:07,590 ~-~-> 00:53:10,470
3419 -out in the clear that specific time because I've done my
3420 -
3421 -856
3422 -00:53:10,470 ~-~-> 00:53:13,620
3423 -reconnaissance, I've waited for this thing to drop down.
3424 -
3425 -857
3426 -00:53:14,010 ~-~-> 00:53:16,800
3427 -Okay, I've waited for it to come down into a time where it
3428 -
3429 -858
3430 -00:53:16,800 ~-~-> 00:53:20,130
3431 -shown a pattern to repeatedly come back to over and over
3432 -
3433 -859
3434 -00:53:20,130 ~-~-> 00:53:23,490
3435 -again like a mouse going to cheese, okay? When it comes down
3436 -
3437 -860
3438 -00:53:23,490 ~-~-> 00:53:26,160
3439 -to this timeframe, and it enters what time frame of the day,
3440 -
3441 -861
3442 -00:53:27,030 ~-~-> 00:53:32,190
3443 -it is during the London close. This is a timeframe where we
3444 -
3445 -862
3446 -00:53:32,190 ~-~-> 00:53:36,210
3447 -expect things to happen. Okay. So when you see that there's
3448 -
3449 -863
3450 -00:53:36,210 ~-~-> 00:53:38,880
3451 -a reason to expect the markets to do something, not simply
3452 -
3453 -864
3454 -00:53:38,880 ~-~-> 00:53:41,790
3455 -because well, I got off of work early, or I faked like I was
3456 -
3457 -865
3458 -00:53:41,790 ~-~-> 00:53:44,310
3459 -sick and got a stomach flu. A boss thinks I'm going to bed
3460 -
3461 -866
3462 -00:53:44,310 ~-~-> 00:53:46,590
3463 -but I'm really going home to trade British Pound because,
3464 -
3465 -867
3466 -00:53:46,650 ~-~-> 00:53:49,830
3467 -you know, the last video I saw just has me so stoked on the
3468 -
3469 -868
3470 -00:53:49,830 ~-~-> 00:53:52,800
3471 -mix, like extra money. That's not what that's no, that's no
3472 -
3473 -869
3474 -00:53:52,800 ~-~-> 00:53:55,350
3475 -way to trade. It's no way to go into this business. Okay,
3476 -
3477 -870
3478 -00:53:55,380 ~-~-> 00:53:59,310
3479 -again, you want to be completely focused as to what it is
3480 -
3481 -871
3482 -00:53:59,310 ~-~-> 00:54:01,740
3483 -you're doing. Why You're doing it when you're doing it with
3484 -
3485 -872
3486 -00:54:01,740 ~-~-> 00:54:05,280
3487 -a premise behind it that is unmovable. Regardless of what I
3488 -
3489 -873
3490 -00:54:05,280 ~-~-> 00:54:07,920
3491 -say in the forums, what I say in my videos, what I say in my
3492 -
3493 -874
3494 -00:54:07,920 ~-~-> 00:54:10,140
3495 -commentary what anybody else says, doesn't matter who they
3496 -
3497 -875
3498 -00:54:10,140 ~-~-> 00:54:14,280
3499 -are, okay? It does not matter, you are unwavering in your
3500 -
3501 -876
3502 -00:54:14,280 ~-~-> 00:54:17,520
3503 -analysis, you stick to it, that's when you move to a whole
3504 -
3505 -877
3506 -00:54:17,520 ~-~-> 00:54:21,720
3507 -new level of trading, where it just can't be understood.
3508 -
3509 -878
3510 -00:54:21,750 ~-~-> 00:54:24,510
3511 -Until you get to that point, when you arrive at that level,
3512 -
3513 -879
3514 -00:54:24,510 ~-~-> 00:54:27,300
3515 -you'll know exactly what it means to be completely confident
3516 -
3517 -880
3518 -00:54:27,300 ~-~-> 00:54:30,900
3519 -and unshaken now, doesn't mean you're trading with 100%
3520 -
3521 -881
3522 -00:54:30,900 ~-~-> 00:54:34,980
3523 -accuracy. It just means that when your loss comes, it
3524 -
3525 -882
3526 -00:54:34,980 ~-~-> 00:54:36,900
3527 -doesn't affect you. Because number one, you know that
3528 -
3529 -883
3530 -00:54:36,900 ~-~-> 00:54:39,330
3531 -they're going to be minimal. They're going to be controlled,
3532 -
3533 -884
3534 -00:54:39,570 ~-~-> 00:54:42,630
3535 -they're going to be at the lower spectrum of overall risk to
3536 -
3537 -885
3538 -00:54:42,630 ~-~-> 00:54:47,640
3539 -your asset. I'm sorry, you're out your equity. So if you
3540 -
3541 -886
3542 -00:54:47,640 ~-~-> 00:54:52,260
3543 -have limited to a total percentage, you've totally limited
3544 -
3545 -887
3546 -00:54:52,260 ~-~-> 00:54:56,310
3547 -it to the number or frequency of trading, you've limited it
3548 -
3549 -888
3550 -00:54:56,310 ~-~-> 00:54:59,640
3551 -to two degree that you're only going to be focusing on one
3552 -
3553 -889
3554 -00:54:59,640 ~-~-> 00:55:01,860
3555 -side of the world. Place, you're only going to be doing
3556 -
3557 -890
3558 -00:55:01,890 ~-~-> 00:55:05,400
3559 -specific trades a specific time of day, a specific day of
3560 -
3561 -891
3562 -00:55:05,400 ~-~-> 00:55:07,770
3563 -the week because we don't like to trade on Mondays. We don't
3564 -
3565 -892
3566 -00:55:07,770 ~-~-> 00:55:09,690
3567 -like to trade on Sundays and we don't like to trade on
3568 -
3569 -893
3570 -00:55:09,690 ~-~-> 00:55:13,380
3571 -Fridays, we've really focused on the sweet spot, if you
3572 -
3573 -894
3574 -00:55:13,380 ~-~-> 00:55:16,200
3575 -will, to cherry pick Tuesday, Wednesday and Thursday setups,
3576 -
3577 -895
3578 -00:55:16,650 ~-~-> 00:55:19,770
3579 -okay. Now it doesn't mean you can't take a Monday trade. It
3580 -
3581 -896
3582 -00:55:19,770 ~-~-> 00:55:21,630
3583 -doesn't mean you can't take a trade on Friday.
3584 -
3585 -897
3586 -00:55:21,990 ~-~-> 00:55:24,780
3587 -But I certainly advise you not to take a trade on Sunday
3588 -
3589 -898
3590 -00:55:24,780 ~-~-> 00:55:28,170
3591 -because it's simply not enough liquidity to facilitate sound
3592 -
3593 -899
3594 -00:55:28,170 ~-~-> 00:55:31,080
3595 -trading. Let's continue to move on going another rabbit
3596 -
3597 -900
3598 -00:55:31,080 ~-~-> 00:55:33,780
3599 -trail apologize. I'm very passionate about this stuff.
3600 -
3601 -901
3602 -00:55:34,080 ~-~-> 00:55:36,900
3603 -Obviously, you can hear that in my my delivery every time we
3604 -
3605 -902
3606 -00:55:36,900 ~-~-> 00:55:39,000
3607 -get in here and start teaching versus just doing a market
3608 -
3609 -903
3610 -00:55:39,000 ~-~-> 00:55:43,770
3611 -review. But we have this order block as well. Price comes
3612 -
3613 -904
3614 -00:55:43,770 ~-~-> 00:55:50,160
3615 -back down into this order block and we could borrow this
3616 -
3617 -905
3618 -00:55:50,160 ~-~-> 00:55:57,960
3619 -level here, make another copy of it little trendline here
3620 -
3621 -906
3622 -00:56:01,230 ~-~-> 00:56:07,830
3623 -added to our bearish candle of our bullish order block.
3624 -
3625 -907
3626 -00:56:07,980 ~-~-> 00:56:11,430
3627 -Again, we're looking for the speed at which it moves away
3628 -
3629 -908
3630 -00:56:11,430 ~-~-> 00:56:15,510
3631 -from the level. That's as a qualifier for these, okay? And
3632 -
3633 -909
3634 -00:56:15,510 ~-~-> 00:56:20,040
3635 -we're also looking at the time at which is spent at that.
3636 -
3637 -910
3638 -00:56:20,160 ~-~-> 00:56:26,160
3639 -Okay? If it's meandering around, okay, it's man around long
3640 -
3641 -911
3642 -00:56:26,160 ~-~-> 00:56:30,780
3643 -period of time, okay? That's not a lot of institutional
3644 -
3645 -912
3646 -00:56:30,780 ~-~-> 00:56:33,600
3647 -buying that you're gonna be able to measure. Okay? You won't
3648 -
3649 -913
3650 -00:56:33,600 ~-~-> 00:56:35,970
3651 -be able to see that as a footprint in a chart, if you will
3652 -
3653 -914
3654 -00:56:35,970 ~-~-> 00:56:39,810
3655 -of smart money. This is an elephant footprint. Okay, but
3656 -
3657 -915
3658 -00:56:39,810 ~-~-> 00:56:42,150
3659 -we're already establishing a long position. So we we
3660 -
3661 -916
3662 -00:56:42,150 ~-~-> 00:56:46,770
3663 -expected this. Okay. price drops back down. Where's it drop
3664 -
3665 -917
3666 -00:56:46,770 ~-~-> 00:56:51,450
3667 -into previous order block? Okay, boom. Not much in terms of
3668 -
3669 -918
3670 -00:56:51,600 ~-~-> 00:56:55,770
3671 -movement below that. trendline. Okay. delineating our order
3672 -
3673 -919
3674 -00:56:55,770 ~-~-> 00:57:02,460
3675 -block and price rallies off again. Okay. So, just in a quick
3676 -
3677 -920
3678 -00:57:02,700 ~-~-> 00:57:06,720
3679 -span of 15 minutes, we've shown several opportunities in a
3680 -
3681 -921
3682 -00:57:06,720 ~-~-> 00:57:12,390
3683 -short period of time. very consistent, very aggressive, very
3684 -
3685 -922
3686 -00:57:12,600 ~-~-> 00:57:17,490
3687 -explosive. price moves on the upside. just focusing on what
3688 -
3689 -923
3690 -00:57:17,490 ~-~-> 00:57:20,670
3691 -side of the market. Remember, we're inside this shaded area,
3692 -
3693 -924
3694 -00:57:20,670 ~-~-> 00:57:24,060
3695 -the shaded areas indicating what we were in a weekly bullish
3696 -
3697 -925
3698 -00:57:24,060 ~-~-> 00:57:27,630
3699 -order flow. Again, we're trusting the fact that the weekly
3700 -
3701 -926
3702 -00:57:27,630 ~-~-> 00:57:31,500
3703 -order flow is going to stay intact. Yes, we're willing to
3704 -
3705 -927
3706 -00:57:31,500 ~-~-> 00:57:35,190
3707 -allow the market to drop down, but we view every decline as
3708 -
3709 -928
3710 -00:57:35,190 ~-~-> 00:57:38,970
3711 -a potential buying opportunity. If it qualifies time and
3712 -
3713 -929
3714 -00:57:38,970 ~-~-> 00:57:43,770
3715 -price theory, if it qualifies goes into a daily four hour or
3716 -
3717 -930
3718 -00:57:43,770 ~-~-> 00:57:47,880
3719 -one hour order block that's bullish. Okay. See how these
3720 -
3721 -931
3722 -00:57:47,880 ~-~-> 00:57:51,450
3723 -things start to dovetail. You'll start understanding it when
3724 -
3725 -932
3726 -00:57:51,450 ~-~-> 00:57:53,670
3727 -you see it over and over again. It's simply this not enough
3728 -
3729 -933
3730 -00:57:53,670 ~-~-> 00:57:56,070
3731 -me showing you two examples. In hindsight, that's when you
3732 -
3733 -934
3734 -00:57:56,070 ~-~-> 00:57:59,790
3735 -start seeing it in real time. It's amazing how fast you're
3736 -
3737 -935
3738 -00:57:59,850 ~-~-> 00:58:02,550
3739 -learning Standing grows exponentially because you're
3740 -
3741 -936
3742 -00:58:02,550 ~-~-> 00:58:08,250
3743 -actually putting these concepts to practice. Okay? We have
3744 -
3745 -937
3746 -00:58:08,250 ~-~-> 00:58:12,480
3747 -another decline in here, okay? And were to dip down into a
3748 -
3749 -938
3750 -00:58:12,480 ~-~-> 00:58:17,640
3751 -previous order block right in here. Let's bar this level.
3752 -
3753 -939
3754 -00:58:28,260 ~-~-> 00:58:33,240
3755 -Okay? We're here the high price comes right down into that
3756 -
3757 -940
3758 -00:58:33,240 ~-~-> 00:58:36,960
3759 -level, boom. Okay? Now again, this is the reason why you
3760 -
3761 -941
3762 -00:58:36,960 ~-~-> 00:58:40,830
3763 -have to always incorporate the spread. You have to do that.
3764 -
3765 -942
3766 -00:58:40,950 ~-~-> 00:58:44,220
3767 -Okay? And I'm resisting the urge that this really won the
3768 -
3769 -943
3770 -00:58:44,220 ~-~-> 00:58:46,830
3771 -grab of Fibonacci just to justify this setup here, but I'm
3772 -
3773 -944
3774 -00:58:46,830 ~-~-> 00:58:48,930
3775 -going to refrain from doing that you can do that in your own
3776 -
3777 -945
3778 -00:58:48,930 ~-~-> 00:58:52,170
3779 -charts. Okay, but looking at the overall price structure,
3780 -
3781 -946
3782 -00:58:52,800 ~-~-> 00:58:56,850
3783 -okay, from low to high. You'll see all of what you need to
3784 -
3785 -947
3786 -00:58:56,850 ~-~-> 00:59:01,560
3787 -see in here in terms of developing the entry point. For this
3788 -
3789 -948
3790 -00:59:01,560 ~-~-> 00:59:03,960
3791 -particular setup, if you were looking to trade it, I'm going
3792 -
3793 -949
3794 -00:59:03,960 ~-~-> 00:59:06,960
3795 -to ask you real quick look to the right. And what price
3796 -
3797 -950
3798 -00:59:06,960 ~-~-> 00:59:11,460
3799 -level is this reaction occurring? That's correct. It's at
3800 -
3801 -951
3802 -00:59:11,460 ~-~-> 00:59:16,110
3803 -the 135. Big figure. Okay, right here, boom. It blasts off.
3804 -
3805 -952
3806 -00:59:16,440 ~-~-> 00:59:20,700
3807 -Now again, this is this is what I want you to really walk
3808 -
3809 -953
3810 -00:59:20,700 ~-~-> 00:59:25,500
3811 -away from this module with Yes, price moves from this high
3812 -
3813 -954
3814 -00:59:25,500 ~-~-> 00:59:28,770
3815 -down to this low. Okay, granted, those that were indicating,
3816 -
3817 -955
3818 -00:59:29,070 ~-~-> 00:59:31,350
3819 -you know, bearishness up here maybe went short up here.
3820 -
3821 -956
3822 -00:59:31,890 ~-~-> 00:59:35,310
3823 -Okay, wrote this down. Sure. Wonderful. I applaud you. Okay.
3824 -
3825 -957
3826 -00:59:35,550 ~-~-> 00:59:39,330
3827 -It was slow meandering eventually got down to it. Okay. But
3828 -
3829 -958
3830 -00:59:39,330 ~-~-> 00:59:42,300
3831 -eventually what happened? Boom, two professionals stepped in
3832 -
3833 -959
3834 -00:59:42,300 ~-~-> 00:59:45,930
3835 -and did what bought the bargain pricing. Okay, just like
3836 -
3837 -960
3838 -00:59:45,930 ~-~-> 00:59:49,110
3839 -they did down here. price dropped down into a bargain. Boom,
3840 -
3841 -961
3842 -00:59:49,170 ~-~-> 00:59:54,330
3843 -took off. price dropped down, lower boom took off. Okay.
3844 -
3845 -962
3846 -00:59:54,720 ~-~-> 00:59:58,710
3847 -These declines, are not retail sellers pushing the market
3848 -
3849 -963
3850 -00:59:58,710 ~-~-> 01:00:02,670
3851 -lower. Okay, here's an here's a little nugget for you to
3852 -
3853 -964
3854 -01:00:02,670 ~-~-> 01:00:05,400
3855 -keep in your notes when you're in a bullish condition,
3856 -
3857 -965
3858 -01:00:05,700 ~-~-> 01:00:09,150
3859 -okay, expecting higher prices, when you see prices dropping
3860 -
3861 -966
3862 -01:00:09,150 ~-~-> 01:00:14,190
3863 -lower. Okay? That's not indicative of smart money selling.
3864 -
3865 -967
3866 -01:00:15,300 ~-~-> 01:00:19,560
3867 -In fact, it's a contrary, it's the lack of smart money
3868 -
3869 -968
3870 -01:00:19,590 ~-~-> 01:00:23,910
3871 -buying, okay, retail market traders do not move the
3872 -
3873 -969
3874 -01:00:23,910 ~-~-> 01:00:28,140
3875 -marketplace. Okay, we're just fleas on the big dogs. This
3876 -
3877 -970
3878 -01:00:28,140 ~-~-> 01:00:32,550
3879 -price action is in parently directly related to the absence
3880 -
3881 -971
3882 -01:00:32,580 ~-~-> 01:00:36,600
3883 -of large institutional buying much in the same capacity. See
3884 -
3885 -972
3886 -01:00:36,600 ~-~-> 01:00:42,960
3887 -here, here in here. Okay, so when you see declining markets
3888 -
3889 -973
3890 -01:00:42,990 ~-~-> 01:00:46,650
3891 -when it's overall bullish, as we've outlined here, again,
3892 -
3893 -974
3894 -01:00:46,770 ~-~-> 01:00:51,210
3895 -these should be like red neon signs flashing Hello, hello,
3896 -
3897 -975
3898 -01:00:51,270 ~-~-> 01:00:54,360
3899 -are you paying attention, okay, because this is about to go
3900 -
3901 -976
3902 -01:00:54,360 ~-~-> 01:00:57,270
3903 -up and you need to be looking for the institutional order
3904 -
3905 -977
3906 -01:00:57,270 ~-~-> 01:01:01,290
3907 -block, that this next price swing should be anchored to.
3908 -
3909 -978
3910 -01:01:01,620 ~-~-> 01:01:03,270
3911 -Okay. And we're going to talk more about that when we get
3912 -
3913 -979
3914 -01:01:03,270 ~-~-> 01:01:07,440
3915 -into the second module in this series but for now, let's
3916 -
3917 -980
3918 -01:01:07,440 ~-~-> 01:01:15,990
3919 -continue moving forward. Okay, we have a bullish order block
3920 -
3921 -981
3922 -01:01:15,990 ~-~-> 01:01:18,060
3923 -in here price didn't spend much time here and takes off
3924 -
3925 -982
3926 -01:01:18,060 ~-~-> 01:01:21,690
3927 -rallies, okay, when drops back down into what the previous
3928 -
3929 -983
3930 -01:01:21,690 ~-~-> 01:01:24,600
3931 -order block, we have a nice little pop in the marketplace
3932 -
3933 -984
3934 -01:01:24,600 ~-~-> 01:01:28,740
3935 -right in here. Okay and eventually we again we move back
3936 -
3937 -985
3938 -01:01:28,740 ~-~-> 01:01:33,480
3939 -into a decline in the marketplace again, there's no more new
3940 -
3941 -986
3942 -01:01:33,480 ~-~-> 01:01:35,370
3943 -buying up in here. So what's going to happen the markets
3944 -
3945 -987
3946 -01:01:35,370 ~-~-> 01:01:39,900
3947 -going to reprice and go lower, okay? Now, a neophyte will
3948 -
3949 -988
3950 -01:01:39,900 ~-~-> 01:01:42,060
3951 -see this and say, Man, look at this thing, this is going
3952 -
3953 -989
3954 -01:01:42,060 ~-~-> 01:01:45,060
3955 -straight to hell. I'm gonna go in here and so to maximum
3956 -
3957 -990
3958 -01:01:45,300 ~-~-> 01:01:48,120
3959 -money that my account will permit me to do okay and because
3960 -
3961 -991
3962 -01:01:48,120 ~-~-> 01:01:50,760
3963 -they saw this big bearish candle, okay, and they want to
3964 -
3965 -992
3966 -01:01:50,760 ~-~-> 01:01:53,280
3967 -chase it because they're thinking this is some kind of a
3968 -
3969 -993
3970 -01:01:53,280 ~-~-> 01:01:56,670
3971 -high Okay, or they watch my video and or read street smarts
3972 -
3973 -994
3974 -01:01:56,670 ~-~-> 01:01:58,650
3975 -and said this is that three Indian pattern and last time we
3976 -
3977 -995
3978 -01:01:58,650 ~-~-> 01:02:01,380
3979 -did that move 1000 points. So I'm going to go short and bet
3980 -
3981 -996
3982 -01:02:01,380 ~-~-> 01:02:06,480
3983 -the farm okay? You as a professional should not be thinking
3984 -
3985 -997
3986 -01:02:06,480 ~-~-> 01:02:10,440
3987 -that okay, what are you going to be doing? You're going to
3988 -
3989 -998
3990 -01:02:10,440 ~-~-> 01:02:16,830
3991 -expect the market to move again higher moving from a bearish
3992 -
3993 -999
3994 -01:02:16,830 ~-~-> 01:02:22,530
3995 -tone to bullish tone. Okay, we moved into a bullish order
3996 -
3997 -1000
3998 -01:02:22,530 ~-~-> 01:02:23,310
3999 -block right here
4000 -
4001 -1001
4002 -01:02:30,510 ~-~-> 01:02:36,090
4003 -did not dip into it, okay. We did try eventually trade down
4004 -
4005 -1002
4006 -01:02:36,090 ~-~-> 01:02:41,580
4007 -into it here right in here, but this there's nothing really
4008 -
4009 -1003
4010 -01:02:41,610 ~-~-> 01:02:45,720
4011 -to base this on we had a consolidation okay which means
4012 -
4013 -1004
4014 -01:02:45,720 ~-~-> 01:02:49,050
4015 -below here would be stops, okay and we talked about this and
4016 -
4017 -1005
4018 -01:02:49,050 ~-~-> 01:02:53,190
4019 -this might be the sniper series where if we have a
4020 -
4021 -1006
4022 -01:02:53,190 ~-~-> 01:02:57,270
4023 -consolidation like this, okay, the dealers are working both
4024 -
4025 -1007
4026 -01:02:57,270 ~-~-> 01:03:00,630
4027 -sides of the range and we're looking for it. There's going
4028 -
4029 -1008
4030 -01:03:00,630 ~-~-> 01:03:02,940
4031 -to be eventually there's going to be an imbalance of buys
4032 -
4033 -1009
4034 -01:03:02,940 ~-~-> 01:03:09,480
4035 -and sells, okay and wherever the most liquidity is, is to be
4036 -
4037 -1010
4038 -01:03:09,480 ~-~-> 01:03:12,330
4039 -harvested from In other words, the path of least resistance
4040 -
4041 -1011
4042 -01:03:12,330 ~-~-> 01:03:16,530
4043 -this is this is called that. We've seen the market rallying
4044 -
4045 -1012
4046 -01:03:16,530 ~-~-> 01:03:20,100
4047 -rallying rallying stops would be below this low here. Okay?
4048 -
4049 -1013
4050 -01:03:20,370 ~-~-> 01:03:22,800
4051 -So yes, there's a small pocket software here, but really,
4052 -
4053 -1014
4054 -01:03:22,800 ~-~-> 01:03:26,610
4055 -it's this point right here. Okay, so eventually, the market
4056 -
4057 -1015
4058 -01:03:26,610 ~-~-> 01:03:30,480
4059 -will dip down below as we see here. And we drop back a
4060 -
4061 -1016
4062 -01:03:30,480 ~-~-> 01:03:35,220
4063 -little bit you can see is it that low since referring to
4064 -
4065 -1017
4066 -01:03:35,280 ~-~-> 01:03:38,190
4067 -these two points of reference that we talked about in that
4068 -
4069 -1018
4070 -01:03:38,190 ~-~-> 01:03:40,710
4071 -previous order block? Yes, we eventually traded down into
4072 -
4073 -1019
4074 -01:03:40,710 ~-~-> 01:03:43,530
4075 -it, but this is too much of a break in market structure.
4076 -
4077 -1020
4078 -01:03:44,010 ~-~-> 01:03:49,740
4079 -Okay, to facilitate not at least waiting for this market to
4080 -
4081 -1021
4082 -01:03:49,740 ~-~-> 01:03:52,050
4083 -come down at least run these stops or maybe even a lower
4084 -
4085 -1022
4086 -01:03:52,050 ~-~-> 01:03:55,260
4087 -level stop area. Okay, and price comes down and the debt
4088 -
4089 -1023
4090 -01:03:55,260 ~-~-> 01:04:00,000
4091 -level rallies one more time. And again, we move back into an
4092 -
4093 -1024
4094 -01:04:00,000 ~-~-> 01:04:04,650
4095 -We start hunting bullish order blocks. Here's one in here
4096 -
4097 -1025
4098 -01:04:05,280 ~-~-> 01:04:08,190
4099 -are price rallies up sharply comes back down into the
4100 -
4101 -1026
4102 -01:04:08,190 ~-~-> 01:04:11,850
4103 -previous bearish candle rallies one more time. We have
4104 -
4105 -1027
4106 -01:04:11,850 ~-~-> 01:04:16,140
4107 -another one in here we have the price rallying up to the
4108 -
4109 -1028
4110 -01:04:16,140 ~-~-> 01:04:19,200
4111 -bearish candle prior to it where the smart money would be
4112 -
4113 -1029
4114 -01:04:19,200 ~-~-> 01:04:27,030
4115 -indicative of the bull camp. We could be placing that right
4116 -
4117 -1030
4118 -01:04:27,030 ~-~-> 01:04:31,080
4119 -there it'd be nice if I left it there and it dropped its
4120 -
4121 -1031
4122 -01:04:31,800 ~-~-> 01:04:33,840
4123 -price comes down into that we're back again and what does it
4124 -
4125 -1032
4126 -01:04:33,840 ~-~-> 01:04:36,990
4127 -do it rallies off sharply. Okay, we have another one in
4128 -
4129 -1033
4130 -01:04:36,990 ~-~-> 01:04:40,860
4131 -here. bearish candle price rallies up drops back down into
4132 -
4133 -1034
4134 -01:04:40,860 ~-~-> 01:04:44,700
4135 -this previous order block rallies one more time. Okay. And
4136 -
4137 -1035
4138 -01:04:44,700 ~-~-> 01:04:47,520
4139 -again, these are like 50 PIP moves guys. I mean, these
4140 -
4141 -1036
4142 -01:04:47,520 ~-~-> 01:04:51,180
4143 -aren't little 10 PIP five Pip. New one hit wonders. These
4144 -
4145 -1037
4146 -01:04:51,180 ~-~-> 01:04:54,210
4147 -are. These are something you can build careers off of on a
4148 -
4149 -1038
4150 -01:04:54,480 ~-~-> 01:04:57,990
4151 -one shot one kill basis. If you catch this one of these a
4152 -
4153 -1039
4154 -01:04:57,990 ~-~-> 01:05:01,230
4155 -week with the right amount of equity Management, you can
4156 -
4157 -1040
4158 -01:05:01,230 ~-~-> 01:05:03,960
4159 -build a career on this, okay? And it's important that you
4160 -
4161 -1041
4162 -01:05:03,960 ~-~-> 01:05:07,560
4163 -understand it because a lot of guys trades is simply fixed,
4164 -
4165 -1042
4166 -01:05:07,920 ~-~-> 01:05:12,600
4167 -a fixed percentage of account trading. In other words, they
4168 -
4169 -1043
4170 -01:05:12,630 ~-~-> 01:05:14,790
4171 -they only have a certain number of lots always on, they
4172 -
4173 -1044
4174 -01:05:14,790 ~-~-> 01:05:16,980
4175 -don't do anything more than that. Okay? And there's no
4176 -
4177 -1045
4178 -01:05:16,980 ~-~-> 01:05:20,550
4179 -reason why you should fear compounding your returns. If you
4180 -
4181 -1046
4182 -01:05:20,550 ~-~-> 01:05:22,770
4183 -understand what it is you're doing, it just takes a short
4184 -
4185 -1047
4186 -01:05:22,770 ~-~-> 01:05:26,520
4187 -period of time 18 to 24 months you can't even imagine what
4188 -
4189 -1048
4190 -01:05:26,520 ~-~-> 01:05:30,600
4191 -that does numerically to an equity curve. If you're properly
4192 -
4193 -1049
4194 -01:05:31,260 ~-~-> 01:05:35,280
4195 -positioned each time and keeping your wrist small, aiming
4196 -
4197 -1050
4198 -01:05:35,280 ~-~-> 01:05:38,910
4199 -for three to one setups. It's absolutely astonishing what
4200 -
4201 -1051
4202 -01:05:38,910 ~-~-> 01:05:45,960
4203 -you can do. Market breaks down Okay, and we don't really
4204 -
4205 -1052
4206 -01:05:45,960 ~-~-> 01:05:48,390
4207 -have anything here without going to a higher timeframe.
4208 -
4209 -1053
4210 -01:05:48,540 ~-~-> 01:05:50,550
4211 -Okay, but I'm gonna stick within this one hour timeframe.
4212 -
4213 -1054
4214 -01:05:50,670 ~-~-> 01:05:58,110
4215 -Okay, we saw price rally up sharply. We have a bullish order
4216 -
4217 -1055
4218 -01:05:58,110 ~-~-> 01:06:00,660
4219 -block in here price rallies away. dips back down into it
4220 -
4221 -1056
4222 -01:06:00,660 ~-~-> 01:06:04,080
4223 -again. And we're able to capture this move. Okay, using the
4224 -
4225 -1057
4226 -01:06:04,080 ~-~-> 01:06:07,830
4227 -tools. Again, I'm leaving out this because I could make the
4228 -
4229 -1058
4230 -01:06:07,830 ~-~-> 01:06:11,310
4231 -case because I actually did this trade in, in a Live
4232 -
4233 -1059
4234 -01:06:11,310 ~-~-> 01:06:14,190
4235 -account. But there's other indications back in here that you
4236 -
4237 -1060
4238 -01:06:14,190 ~-~-> 01:06:17,130
4239 -could use on a higher four hour and daily chart to
4240 -
4241 -1061
4242 -01:06:17,130 ~-~-> 01:06:20,070
4243 -understand what we did here. But that's not the point of
4244 -
4245 -1062
4246 -01:06:20,070 ~-~-> 01:06:25,560
4247 -this installment here. But you have another rally in price.
4248 -
4249 -1063
4250 -01:06:26,340 ~-~-> 01:06:29,790
4251 -Again, focusing on what the bullish side of the marketplace
4252 -
4253 -1064
4254 -01:06:29,820 ~-~-> 01:06:33,420
4255 -because we're in a weekly bullish order flow, so 127 pips
4256 -
4257 -1065
4258 -01:06:33,480 ~-~-> 01:06:38,700
4259 -right there. We have another bullish order block.
4260 -
4261 -1066
4262 -01:06:45,810 ~-~-> 01:06:48,060
4263 -Okay, great in here, didn't quite get into it.
4264 -
4265 -1067
4266 -01:06:50,580 ~-~-> 01:06:53,070
4267 -And we start to consolidate. Now this this is something
4268 -
4269 -1068
4270 -01:06:53,880 ~-~-> 01:06:56,430
4271 -where if you see this at a price rally like this, and it's
4272 -
4273 -1069
4274 -01:06:56,430 ~-~-> 01:06:59,340
4275 -consolidating like this, okay, the first thing you want to
4276 -
4277 -1070
4278 -01:06:59,340 ~-~-> 01:07:00,000
4279 -be questioning is
4280 -
4281 -1071
4282 -01:07:00,030 ~-~-> 01:07:02,640
4283 -Okay, where's the stops because that's the that's the next
4284 -
4285 -1072
4286 -01:07:02,640 ~-~-> 01:07:04,020
4287 -thing they're going to be doing you're gonna be looking for
4288 -
4289 -1073
4290 -01:07:04,020 ~-~-> 01:07:08,490
4291 -where the run out to participants or suck them into a long
4292 -
4293 -1074
4294 -01:07:08,520 ~-~-> 01:07:12,300
4295 -period of correction. So there's stops above the market and
4296 -
4297 -1075
4298 -01:07:12,300 ~-~-> 01:07:15,960
4299 -there's this low right here. So everyone that's long we're
4300 -
4301 -1076
4302 -01:07:15,960 ~-~-> 01:07:19,200
4303 -going to be looking at this low and this low to be anchoring
4304 -
4305 -1077
4306 -01:07:19,200 ~-~-> 01:07:20,220
4307 -their protective stops
4308 -
4309 -1078
4310 -01:07:23,490 ~-~-> 01:07:29,550
4311 -there ran their ran, okay, but we have this range from this
4312 -
4313 -1079
4314 -01:07:29,580 ~-~-> 01:07:35,280
4315 -low to this high with this bearish candle as a bullish order
4316 -
4317 -1080
4318 -01:07:35,280 ~-~-> 01:07:35,730
4319 -block.
4320 -
4321 -1081
4322 -01:07:39,510 ~-~-> 01:07:43,500
4323 -On this drop that their price comes down right into it
4324 -
4325 -1082
4326 -01:07:45,420 ~-~-> 01:07:46,500
4327 -works around that level.
4328 -
4329 -1083
4330 -01:07:47,610 ~-~-> 01:07:51,270
4331 -Okay, and eventually goes into non consolidation. We learned
4332 -
4333 -1084
4334 -01:07:51,270 ~-~-> 01:07:53,820
4335 -in the sniper series that we look for a raid.
4336 -
4337 -1085
4338 -01:07:55,980 ~-~-> 01:07:58,740
4339 -Ran stops and then move lower. Okay, so
4340 -
4341 -1086
4342 -01:08:00,599 ~-~-> 01:08:02,789
4343 -There's really nothing in here to indicate any kind of
4344 -
4345 -1087
4346 -01:08:02,789 ~-~-> 01:08:05,459
4347 -bullishness even though that we dropped down into the level
4348 -
4349 -1088
4350 -01:08:05,459 ~-~-> 01:08:10,229
4351 -we didn't see the the rally outside of this here because
4352 -
4353 -1089
4354 -01:08:10,559 ~-~-> 01:08:13,259
4355 -again I could say well look you know we have it okay because
4356 -
4357 -1090
4358 -01:08:13,259 ~-~-> 01:08:15,839
4359 -this is a bearish candle prior that move higher and we dip
4360 -
4361 -1091
4362 -01:08:15,839 ~-~-> 01:08:19,439
4363 -back down into it. But again I disqualify this because if
4364 -
4365 -1092
4366 -01:08:19,439 ~-~-> 01:08:22,229
4367 -it's a long wick like that, I don't like that. Okay. I want
4368 -
4369 -1093
4370 -01:08:22,229 ~-~-> 01:08:25,109
4371 -to see a big bowl body candle okay it can have a little bit
4372 -
4373 -1094
4374 -01:08:25,109 ~-~-> 01:08:27,659
4375 -of a wick but I must say majority of the candle be a body
4376 -
4377 -1095
4378 -01:08:27,659 ~-~-> 01:08:30,899
4379 -something like this here that would be indicative of an ICT
4380 -
4381 -1096
4382 -01:08:30,899 ~-~-> 01:08:31,409
4383 -bowl
4384 -
4385 -1097
4386 -01:08:32,730 ~-~-> 01:08:35,730
4387 -or block but because we had this big long wick even though
4388 -
4389 -1098
4390 -01:08:35,730 ~-~-> 01:08:38,130
4391 -it did dip down and this could be argued it would have been
4392 -
4393 -1099
4394 -01:08:38,130 ~-~-> 01:08:42,300
4395 -profitable. This is not a trade that I would see using the
4396 -
4397 -1100
4398 -01:08:42,300 ~-~-> 01:08:45,060
4399 -tools and outline as we have been discussing.
4400 -
4401 -1101
4402 -01:08:47,280 ~-~-> 01:08:51,900
4403 -Okay, we have price come down, rally off, dip back down into
4404 -
4405 -1102
4406 -01:08:51,930 ~-~-> 01:08:56,940
4407 -a nice order block in here. Okay rallies up and we have an
4408 -
4409 -1103
4410 -01:08:56,940 ~-~-> 01:08:57,900
4411 -older block here.
4412 -
4413 -1104
4414 -01:09:00,000 ~-~-> 01:09:03,540
4415 -We did get that one. Okay, rallies off again.
4416 -
4417 -1105
4418 -01:09:07,049 ~-~-> 01:09:09,179
4419 -And actually there's several of them in here if you just go
4420 -
4421 -1106
4422 -01:09:09,179 ~-~-> 01:09:12,749
4423 -through and look at it there's many of these scenarios where
4424 -
4425 -1107
4426 -01:09:12,989 ~-~-> 01:09:13,889
4427 -you can catch
4428 -
4429 -1108
4430 -01:09:15,660 ~-~-> 01:09:20,760
4431 -what is that? I am averaging 25 and 40 pips each each
4432 -
4433 -1109
4434 -01:09:20,760 ~-~-> 01:09:23,910
4435 -successive retracement back into a previous order block.
4436 -
4437 -1110
4438 -01:09:24,270 ~-~-> 01:09:24,660
4439 -Okay.
4440 -
4441 -1111
4442 -01:09:29,400 ~-~-> 01:09:32,130
4443 -And it's moving forward. Let's speed this up a little
4444 -
4445 -1112
4446 -01:09:32,130 ~-~-> 01:09:34,050
4447 -because we're spending a lot more time than I wanted on this
4448 -
4449 -1113
4450 -01:09:34,050 ~-~-> 01:09:37,260
4451 -module. We have a bullish order block in here price comes
4452 -
4453 -1114
4454 -01:09:37,290 ~-~-> 01:09:40,500
4455 -down to it rallies again. Realize again
4456 -
4457 -1115
4458 -01:09:45,120 ~-~-> 01:09:49,410
4459 -Okay, we have a bullish order block here. Prior to the rally
4460 -
4461 -1116
4462 -01:09:49,410 ~-~-> 01:09:53,550
4463 -up it does back down into this order block rallies up. Okay,
4464 -
4465 -1117
4466 -01:09:53,580 ~-~-> 01:09:58,110
4467 -there's another 50 pips or more rally in here.
4468 -
4469 -1118
4470 -01:10:03,270 ~-~-> 01:10:03,720
4471 -Okay,
4472 -
4473 -1119
4474 -01:10:09,750 ~-~-> 01:10:12,930
4475 -and that's too much for work there. This one's nice here,
4476 -
4477 -1120
4478 -01:10:13,440 ~-~-> 01:10:16,050
4479 -price rallies away comes back down into previous order block
4480 -
4481 -1121
4482 -01:10:16,260 ~-~-> 01:10:18,870
4483 -rallies up, just this move along.
4484 -
4485 -1122
4486 -01:10:23,580 ~-~-> 01:10:27,900
4487 -That's 32 pips right here. Again, you know, in the right
4488 -
4489 -1123
4490 -01:10:27,900 ~-~-> 01:10:30,960
4491 -hands, it's simply you know, amazing what you could do with
4492 -
4493 -1124
4494 -01:10:30,960 ~-~-> 01:10:33,570
4495 -that type of move over and over and over again consistently.
4496 -
4497 -1125
4498 -01:10:34,110 ~-~-> 01:10:38,250
4499 -We have a nice bullish order block right here. And yes,
4500 -
4501 -1126
4502 -01:10:38,250 ~-~-> 01:10:40,470
4503 -there has a there's a wick here and a little bit Wick here
4504 -
4505 -1127
4506 -01:10:40,470 ~-~-> 01:10:43,560
4507 -but majority, there's a lot of body in here which is what I
4508 -
4509 -1128
4510 -01:10:43,560 ~-~-> 01:10:46,560
4511 -like I would use that as a bullish order block right in
4512 -
4513 -1129
4514 -01:10:46,560 ~-~-> 01:10:49,800
4515 -here. And this one, even though we do have a sharp,
4516 -
4517 -1130
4518 -01:10:51,000 ~-~-> 01:10:55,920
4519 -reversal, and slam lower, we had 60 plus pips that made
4520 -
4521 -1131
4522 -01:10:55,920 ~-~-> 01:10:59,730
4523 -available, okay running out of previous high as a as an area
4524 -
4525 -1132
4526 -01:10:59,730 ~-~-> 01:10:59,970
4527 -to
4528 -
4529 -1133
4530 -01:11:00,750 ~-~-> 01:11:01,620
4531 -Take a trade with
4532 -
4533 -1134
4534 -01:11:05,100 ~-~-> 01:11:05,700
4535 -and
4536 -
4537 -1135
4538 -01:11:07,049 ~-~-> 01:11:09,269
4539 -I'll just scroll through a little bit faster here
4540 -
4541 -1136
4542 -01:11:13,920 ~-~-> 01:11:16,440
4543 -so a lot of real quick
4544 -
4545 -1137
4546 -01:11:17,640 ~-~-> 01:11:18,780
4547 -snaps higher
4548 -
4549 -1138
4550 -01:11:19,800 ~-~-> 01:11:22,740
4551 -we have a bullish order block here price rallies dropped
4552 -
4553 -1139
4554 -01:11:22,740 ~-~-> 01:11:26,100
4555 -back into it, you could be a buyer in here and up to here so
4556 -
4557 -1140
4558 -01:11:26,100 ~-~-> 01:11:26,910
4559 -that's about
4560 -
4561 -1141
4562 -01:11:28,110 ~-~-> 01:11:32,580
4563 -30 pips or more in here as well. Okay. And
4564 -
4565 -1142
4566 -01:11:34,920 ~-~-> 01:11:39,090
4567 -I know a lot of you if you're anything like I was when I
4568 -
4569 -1143
4570 -01:11:39,090 ~-~-> 01:11:42,510
4571 -first started, okay, it would piss me off that if I went
4572 -
4573 -1144
4574 -01:11:42,510 ~-~-> 01:11:46,260
4575 -long in here, okay and made money. It maybe I did get out of
4576 -
4577 -1145
4578 -01:11:46,260 ~-~-> 01:11:48,630
4579 -that profit by accident. But then it does this type of move
4580 -
4581 -1146
4582 -01:11:48,630 ~-~-> 01:11:51,630
4583 -here. It would piss me off that I didn't participate in this
4584 -
4585 -1147
4586 -01:11:51,630 ~-~-> 01:11:55,650
4587 -move. It would putis it pissed me off. I didn't participate
4588 -
4589 -1148
4590 -01:11:55,650 ~-~-> 01:11:58,800
4591 -in this move here. If I was being long around that same
4592 -
4593 -1149
4594 -01:11:58,800 ~-~-> 01:11:59,340
4595 -timeframe.
4596 -
4597 -1150
4598 -01:12:01,350 ~-~-> 01:12:05,040
4599 -In my counsel to you is to let it go, man, you're not going
4600 -
4601 -1151
4602 -01:12:05,040 ~-~-> 01:12:09,270
4603 -to catch every move. Okay? Nobody does. nobody's doing it.
4604 -
4605 -1152
4606 -01:12:09,480 ~-~-> 01:12:11,850
4607 -Okay, there's no superstar trader out there that's catching
4608 -
4609 -1153
4610 -01:12:12,210 ~-~-> 01:12:15,750
4611 -low, high, low high makeup. Come on. It's unrealistic.
4612 -
4613 -1154
4614 -01:12:15,750 ~-~-> 01:12:19,020
4615 -nobody's doing that, okay, nobody's doing it, you might get
4616 -
4617 -1155
4618 -01:12:19,020 ~-~-> 01:12:20,880
4619 -a hot look in the market where you're catching this and
4620 -
4621 -1156
4622 -01:12:20,880 ~-~-> 01:12:24,060
4623 -that, but you're not gonna level of every swing high and
4624 -
4625 -1157
4626 -01:12:24,060 ~-~-> 01:12:26,250
4627 -every swing low, you're not getting that, okay? And you
4628 -
4629 -1158
4630 -01:12:26,250 ~-~-> 01:12:28,500
4631 -don't need that. You just need a small segment of the
4632 -
4633 -1159
4634 -01:12:28,500 ~-~-> 01:12:31,050
4635 -marketplace over and over and over again, you constantly go
4636 -
4637 -1160
4638 -01:12:31,050 ~-~-> 01:12:35,370
4639 -back to and harvest and that's all you need. Okay. Here's a
4640 -
4641 -1161
4642 -01:12:35,370 ~-~-> 01:12:39,690
4643 -nice little classic scenario here. Price comes down, rallies
4644 -
4645 -1162
4646 -01:12:39,690 ~-~-> 01:12:42,000
4647 -off sharply doesn't spend much time down here. Here's your
4648 -
4649 -1163
4650 -01:12:42,000 ~-~-> 01:12:44,790
4651 -bullish order block comes down into it very handsomely,
4652 -
4653 -1164
4654 -01:12:45,210 ~-~-> 01:12:47,700
4655 -being a buyer here. Okay. And
4656 -
4657 -1165
4658 -01:12:49,080 ~-~-> 01:12:52,230
4659 -moving forward. I think that's pretty explanatory right
4660 -
4661 -1166
4662 -01:12:52,230 ~-~-> 01:12:52,530
4663 -there.
4664 -
4665 -1167
4666 -01:12:53,850 ~-~-> 01:12:57,570
4667 -We have a nice bullish order block here. Price rallies off,
4668 -
4669 -1168
4670 -01:12:57,930 ~-~-> 01:12:59,880
4671 -comes back down into the order block right here.
4672 -
4673 -1169
4674 -01:13:00,000 ~-~-> 01:13:04,410
4675 -One more time here. Okay. And I think this is pretty
4676 -
4677 -1170
4678 -01:13:06,870 ~-~-> 01:13:09,810
4679 -agreeable in terms of aggressive move higher.
4680 -
4681 -1171
4682 -01:13:11,160 ~-~-> 01:13:13,680
4683 -Okay, and again, this, that's what I'm trying to indicate
4684 -
4685 -1172
4686 -01:13:13,680 ~-~-> 01:13:16,620
4687 -Yes, we have these little drops down and little drops down
4688 -
4689 -1173
4690 -01:13:16,620 ~-~-> 01:13:19,530
4691 -here. Okay? If you're, if you're short, that's wonderful.
4692 -
4693 -1174
4694 -01:13:19,740 ~-~-> 01:13:22,350
4695 -Okay, but this is what I'm looking for, this is what I'm
4696 -
4697 -1175
4698 -01:13:22,350 ~-~-> 01:13:26,010
4699 -hunting. That's what I'm trying to get you to look at. If I
4700 -
4701 -1176
4702 -01:13:26,010 ~-~-> 01:13:28,320
4703 -could take my perspective in the marketplace and take it out
4704 -
4705 -1177
4706 -01:13:28,320 ~-~-> 01:13:30,480
4707 -and clone it, and put it in a way where you guys can
4708 -
4709 -1178
4710 -01:13:30,480 ~-~-> 01:13:32,880
4711 -download it, I would love to be able to do that because it
4712 -
4713 -1179
4714 -01:13:32,880 ~-~-> 01:13:35,400
4715 -would, first of all, make my job easier, some has to hurt
4716 -
4717 -1180
4718 -01:13:35,400 ~-~-> 01:13:39,030
4719 -but it would make your job a lot easier also, because you
4720 -
4721 -1181
4722 -01:13:39,030 ~-~-> 01:13:40,680
4723 -would know specifically what it is that you're trying to
4724 -
4725 -1182
4726 -01:13:40,680 ~-~-> 01:13:44,790
4727 -filter out and what you're specifically focusing on. Okay.
4728 -
4729 -1183
4730 -01:13:47,190 ~-~-> 01:13:50,820
4731 -And again, you will scrub through, you can see
4732 -
4733 -1184
4734 -01:13:52,020 ~-~-> 01:13:55,590
4735 -going through, there's many opportunities where the
4736 -
4737 -1185
4738 -01:13:55,590 ~-~-> 01:13:58,500
4739 -marketplace gives you several by half tastes like there's
4740 -
4741 -1186
4742 -01:13:58,500 ~-~-> 01:13:59,340
4743 -one in here.
4744 -
4745 -1187
4746 -01:14:00,210 ~-~-> 01:14:02,640
4747 -This larger order block here we dipped into came only back
4748 -
4749 -1188
4750 -01:14:02,640 ~-~-> 01:14:07,710
4751 -down into it again. We have this order block as well, where
4752 -
4753 -1189
4754 -01:14:07,710 ~-~-> 01:14:10,140
4755 -we drop down into Look how aggressively it moves lower.
4756 -
4757 -1190
4758 -01:14:10,380 ~-~-> 01:14:13,770
4759 -Okay? When you see this, I guarantee you if you're watching
4760 -
4761 -1191
4762 -01:14:13,770 ~-~-> 01:14:16,530
4763 -this on a five minute chart, this is scaring the hell out of
4764 -
4765 -1192
4766 -01:14:16,530 ~-~-> 01:14:19,680
4767 -you. If you're long, you're getting out, you're not gonna
4768 -
4769 -1193
4770 -01:14:19,680 ~-~-> 01:14:21,990
4771 -stay in that you're gonna be looking for thinking couldn't
4772 -
4773 -1194
4774 -01:14:22,020 ~-~-> 01:14:25,350
4775 -continue to go lower. But what is it doing? It's rapidly
4776 -
4777 -1195
4778 -01:14:25,350 ~-~-> 01:14:29,010
4779 -getting down to an area of where liquidity rests.
4780 -
4781 -1196
4782 -01:14:30,090 ~-~-> 01:14:34,680
4783 -There's a large pocket in this area. Okay, because they did
4784 -
4785 -1197
4786 -01:14:34,680 ~-~-> 01:14:39,120
4787 -their buying here. It rallied off, came back down. Okay, I'm
4788 -
4789 -1198
4790 -01:14:39,120 ~-~-> 01:14:43,080
4791 -dealing at a bank. I need to move currency. Right now.
4792 -
4793 -1199
4794 -01:14:43,200 ~-~-> 01:14:46,650
4795 -There's simply not enough buyers in this area. But there's a
4796 -
4797 -1200
4798 -01:14:46,650 ~-~-> 01:14:51,000
4799 -large pool of willing buyers down here. Are they looking at
4800 -
4801 -1201
4802 -01:14:51,030 ~-~-> 01:14:55,320
4803 -a Honda are they looking at FX cm buyers? No, they're not
4804 -
4805 -1202
4806 -01:14:55,380 ~-~-> 01:14:58,200
4807 -okay. They're looking at on the bank institutional level.
4808 -
4809 -1203
4810 -01:14:58,230 ~-~-> 01:14:59,970
4811 -Okay, who's willing to be buying down
4812 -
4813 -1204
4814 -01:15:00,450 ~-~-> 01:15:03,390
4815 -Okay, so they're going to take price and reprice down to
4816 -
4817 -1205
4818 -01:15:03,390 ~-~-> 01:15:06,450
4819 -these levels, knowing that this is where the liquidity is.
4820 -
4821 -1206
4822 -01:15:06,660 ~-~-> 01:15:09,990
4823 -And because of their interest is so vast and large, when it
4824 -
4825 -1207
4826 -01:15:09,990 ~-~-> 01:15:12,180
4827 -gets down here doesn't spend much time it takes off on
4828 -
4829 -1208
4830 -01:15:12,180 ~-~-> 01:15:15,510
4831 -rallies, okay, because their blocks are a lot larger than we
4832 -
4833 -1209
4834 -01:15:15,510 ~-~-> 01:15:17,910
4835 -could ever imagine on a retail level.
4836 -
4837 -1210
4838 -01:15:20,070 ~-~-> 01:15:23,730
4839 -Price continues to move higher. And again, we have multiple
4840 -
4841 -1211
4842 -01:15:23,730 ~-~-> 01:15:26,970
4843 -opportunities where order blocks are being respected. Okay,
4844 -
4845 -1212
4846 -01:15:27,000 ~-~-> 01:15:27,480
4847 -and
4848 -
4849 -1213
4850 -01:15:30,120 ~-~-> 01:15:34,350
4851 -it's just, it's an exercise that you need to do on your own.
4852 -
4853 -1214
4854 -01:15:34,500 ~-~-> 01:15:36,960
4855 -Going through the charts as we just did here. Again,
4856 -
4857 -1215
4858 -01:15:36,960 ~-~-> 01:15:40,380
4859 -maintaining the level of observation that we're in this
4860 -
4861 -1216
4862 -01:15:40,380 ~-~-> 01:15:43,350
4863 -shaded area still so no worries, we're focusing only on the
4864 -
4865 -1217
4866 -01:15:43,350 ~-~-> 01:15:47,190
4867 -buy side. Okay. We're only looking for opportunities where
4868 -
4869 -1218
4870 -01:15:47,850 ~-~-> 01:15:51,510
4871 -bullish market orders I'm sorry, we're blocked rather, are
4872 -
4873 -1219
4874 -01:15:52,350 ~-~-> 01:15:56,010
4875 -clearly seen them being respected and in rallying off
4876 -
4877 -1220
4878 -01:15:56,250 ~-~-> 01:15:59,970
4879 -bullish order blocks being respected and rallying off
4880 -
4881 -1221
4882 -01:16:00,840 ~-~-> 01:16:04,950
4883 -Okay, you can watch any video course out there, you can
4884 -
4885 -1222
4886 -01:16:04,950 ~-~-> 01:16:07,530
4887 -watch any mentor out there talking about what makes the
4888 -
4889 -1223
4890 -01:16:07,530 ~-~-> 01:16:10,650
4891 -market move around. What does this and what does that okay,
4892 -
4893 -1224
4894 -01:16:10,650 ~-~-> 01:16:12,810
4895 -but I'm gonna tell you right now if they don't have this
4896 -
4897 -1225
4898 -01:16:12,810 ~-~-> 01:16:15,060
4899 -understanding behind them what it is that they're doing.
4900 -
4901 -1226
4902 -01:16:15,750 ~-~-> 01:16:20,550
4903 -They're just blind luck, okay? Because without institutional
4904 -
4905 -1227
4906 -01:16:20,550 ~-~-> 01:16:23,820
4907 -sponsors that behind price moves we have nothing. retail
4908 -
4909 -1228
4910 -01:16:23,820 ~-~-> 01:16:27,330
4911 -market traders do not move the marketplace. You have to be
4912 -
4913 -1229
4914 -01:16:27,330 ~-~-> 01:16:31,740
4915 -positioned on the heels and coattails of those participants
4916 -
4917 -1230
4918 -01:16:31,740 ~-~-> 01:16:36,180
4919 -to have the number one to the cash flow to be able to move
4920 -
4921 -1231
4922 -01:16:36,180 ~-~-> 01:16:39,300
4923 -the marketplace and also the had the brains behind the whole
4924 -
4925 -1232
4926 -01:16:39,300 ~-~-> 01:16:43,020
4927 -move. Okay. So it's been insightful to you guys and I wish
4928 -
4929 -1233
4930 -01:16:43,020 ~-~-> 01:16:44,430
4931 -you good luck and good trading.