ICT - Precision Trading Volume 1 - An indepth study on Precision.srt
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ICT: Okay, folks, we are in Volume One, the ICT precision
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trading concepts video series. This is part one of three.
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We're gonna be doing very short modules on specific, concise
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concepts on how to implement price action in your trading,
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and how it could be an assistance to you gaining much more
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consistency and the results that you're most likely striving
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for in your trading.
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So what are we gonna be looking at in this volume? Well,
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we're gonna be looking at weekly order blocks and order
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flow. Now a lot of folks have been pretty excited about the
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release of the ICT order blocks on a daily and intraday
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basis, but you'll be surprised to find that this is actually
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occurring on all timeframes.
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But the order blocks that's found on the weekly charts are
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many times overlooked by the neophyte trader and those that
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are quote unquote, technical analysts. And as it relates to
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trading,
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we're gonna be looking at how utilizing the weekly order
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blocks and the order flow on a weekly basis, can really
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direct your attention to low risk, high probability setups,
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and they're derived from the higher timeframe perspectives.
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Now, that's very important because, again, if you look at
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the results of the retail trader as a collective whole, it's
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not surprising to see that the large magnitude of drawdown
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and or all together bust that is a company with the new
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startups that enter our business of trading. Now, let's face
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it a spectral SPECT kilolitres you know, we have
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let's face it as specular
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So we run into a lot of adversity. And if you don't have a
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very concise plan of action going in from the beginning, the
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emotional aspect of losing money and or even gaining money
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because if you're a new trader, if you've ever felt that
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exhilarating feeling of seeing profits, you start moving
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into your account. That's just many times this is numbing as
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you're taking a loss. You don't know what to do should you
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hold for higher prices or lower prices if you're short, or
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should just get out and panic and be glad you've made
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something.
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There's a lot of, you know, uncertainty when it comes to
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trading. So when you have a clear, concise plan of what it
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is specifically you're looking for, and why you're looking
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for it, it removes a lot of the uncertainty that plagues the
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neophyte and or new trader. If you've been trading for a
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long period of time, I think if you start adopting this
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mindset and looking at your charts with this
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concept in mind, I'm pretty much guarantee you're going to
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see a whole new level of trading that you're probably not
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accustomed to.
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Now, it's important that we reiterate and you've seen me
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mention this many, many times in my ether weekly updates,
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video form, or in my commentary posted on numerous forums
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that you've seen me participate in, but the large
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institutions and or banks are basing the majority of their
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trades from these charts, okay. And these charts again
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referring to the weekly and or quote unquote, higher
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timeframe analysis.
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Again, assume for a moment that a large bank is looking to
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move a large block of specific currency. Are they going to
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be looking at one and five minute chart to do so? Absolutely
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not. They need the liquidity that the larger order blocks
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will present them when these higher timeframe charts because
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their orders are so vast and so large. It's an
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important that they have the liquidity to help facilitate
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their trades. Many times, their orders have been broken up
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into modular blocks. Now just like us, we're looking for
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hopefully, like us as a professional minded trader, we're
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looking for opportunities to buy at wholesale prices, okay
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and sell to retail prices. We want to be able to get in like
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the Smart Money does.
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We want to be buying when the street money is selling, and
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we want to be selling when the street money's buying. It's
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just that simple. The way we do that is not to pretend to be
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smarter than we really are. Not to have a false hope and
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trust in math oriented indicators is useful as they may seem
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in hindsight, we have to look for the telltale signs and
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fingerprints that's left in the charts, that the smart money
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has, in fact, participated in a specific move.
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We've shown how that's identified in the inner circle trader
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scout sniper Field Guide series. And I'm going to touch
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briefly on some of those central tenants in that series. But
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it's important. If you haven't really gone through that
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video series, I invite you to really don't watch this video
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series because there's really not going to be any benefit to
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you without having the understanding that that previous
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series gives you. And
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by having that mindset coupled with what we're learning
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here, your trading is actually we're going to go to a whole
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new level and I promise you, there's very few promises that
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I make in my materials. But I promise you if you start
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implementing these three components to your trading and your
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analysis, you will see absolutely stunning results Okay, I'm
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not promising profits. Notice I didn't say that. You're
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going to see stunning results okay in in your understanding
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of the market. On the understand on when price
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should be moving. Okay? So
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don't take me out of context, okay? Because it's important
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that I don't, I don't promise you wealth I don't promise you
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profits, you're gonna still lose money trading this way
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okay? So don't don't let me also share code so much that you
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think that now said you're gonna walk out and money's gonna
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shoot from your hind sight I mean your, your your backside,
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and you know everything's going to be
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roses and you get off and worry about it, you're certainly
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going to have your your fair share of losses still, because
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there is going to be a certain measure of Human Error Error
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that's going to plague your trading regardless. Okay, no
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matter how concise we have our trading plan, it's still
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going to be driven by us as the trader and we're only going
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to be as good as the trader behind the trade selection.
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Now, trends and order flow. These are not weekly charts,
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okay. They tend to remain for a long period of time.
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With that, it also requires much more in terms of change to
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make them go the other direction. Okay, so what am i mean by
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that? Basically, if you see the market moving on a weekly
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chart higher, it's going to take a very significant impact
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of some sort on a fundamental level to cause this underlying
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trend. Okay, to change course. Now that's advantageous to us
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because even if we're a day trader or a scalper, okay, short
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term trader or swing trader or even a position trader,
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these, these benefit us in terms of trusting our directional
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bias, okay, there's no greater directional bias that trust
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your trades on than the weekly chart. Now, the problem with
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that is we've been lulled into believing that the weekly
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charts are really of no use to us unless we're a long term
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position trader. And that my friends is absolutely not true.
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If you go to majority of the textbooks, you'll see that
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very, very few even comment on the importance or even the
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utilization of a weekly chart. Now the weekly chart I grant,
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it will take a long period of time for specific trades to
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set up on that timeframe. But there's also a specific
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understanding once you adopt that, you can really walk away
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from the weekly chart after looking at for just less than
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two minutes, you knew right away, what specifically the
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smart money's actually doing right, then and now. Now, I
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don't know what that means to you. But as a trader, when I
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was developing, that's exactly what I was looking for. I
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needed to know what the guys that knew what was gonna happen
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ahead of time. Okay. The ones that were successful, let's
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rephrase that. The ones that were consistently profitable,
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able to harvest real money out of the marketplace. Okay,
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those participants, what were they doing and how are they
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They arriving at that foresight before putting on their
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trades. If I could learn that if I could implement that in
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my own trading, then I could trust the effects of
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consistency going forward in my trading, and not just
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attributed to just, you know, blind luck, okay, which I
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think, honestly, the majority of new traders that get into
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this business and make money right away with no real
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understanding it, it really tricks you into thinking you're
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smarter than you really are. And that really actually
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happened to me as a trader in the mid 90s. I got involved in
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trading and actually caught a really good look in the market
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where everything was going up in the commodity market. So
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because I was a buyer, you know, naturally it just goes
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because without saying if the market was gonna go higher,
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and I'm buying I'm a buyer because I didn't understand
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shorting at the time as a neophyte trader everything I was
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getting into made money so suddenly I'm you know, I'm a
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smart guy from metal river, you know, Maryland and you know,
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I don't know anything really having
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No idea what I was doing. But I was making money. So
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therefore, you think you're smarter than you really are. And
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then suddenly, in the movies, you fizzled out now I moved
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into a, you know, traders market. I couldn't do anything to
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make money then and then I had to go back to my learning.
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Okay, I had to go to school, if you will.
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Well, this is one of the concepts that you're going to
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learn, that helped me gain a greater understanding on how
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these markets move on general, and how you can really learn
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to anticipate sizable sustainable moves in a directional
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premise.
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If I could take one specific question that's emailed to me
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more than any other is how do I get the direction right?
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More times than not? And I'm going to promise you that these
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three components that I'm giving you in this series are
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really the backbone to that, okay, how do I know where the
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direction the markets gonna go and why?
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You know, why do I think that? And why do I believe that
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wholeheartedly to put my name out there, you know,
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associated with an analysis on a weekly basis? Well, it's
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because I trust that I am limited in my capacity of knowing
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the fundamentals behind these moves. I don't have trained
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accredited staff working you umpteen hours a day trying to
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find out what it is driving the marketplace. Frankly, I
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don't really care. Okay, because I'm, I'm of the opinion and
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completely comfortable admitting that a lot of the
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fundamentals go completely over my head, okay. I'm not a
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mental genius, okay, I'm not trying to state that I'm
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smarter than 90% of the people out there in the marketplace.
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I just know what it is that makes me tick as a trader. And I
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combine that with central tenants in the marketplace that
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are inherently generic that repeat over and over and over
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again. And the brilliant thing is, and the only real reason
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why you're learning it from me because if I believed in my
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heart, if I shared it with everybody, it would stop working.
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You wouldn't have never learned this. You will
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have never learned any of the things that I do. Because it's
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my business to be profitable. I don't have a job, I don't go
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to a place of business and punch a time card. I don't
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collect a salary check from someplace. Okay, my income is
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derived by the choices I make based on a price chart. So
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having that as a precursor to whether you make money or not
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make money, okay? It's it's advantageous for you to really
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have a clear, concise approach to what it is you're doing in
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the marketplace. So remember that make that note in your in
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your little book of notes that you may be taking with this
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video series if you're contemplating quitting your job
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because you put $5,000 in an account, okay, I can tell you
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this, regardless of how well you may be doing in a demo
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account with these concepts. There's a huge paradigm shift
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that takes place when you start realizing debt if you quit
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your job, if you've walked away from the marketplace in
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terms of earning an income and you are
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Only expecting every facet of your income to come from the
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choices you make looking at a price chart, I guarantee you,
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you want to talk about, you know, a mind scramble, that's
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what's going to happen. Okay? You're going to have such an
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influx of uncertainty come over you. Because think about it.
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you've walked away from your paycheck, you've walked away
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from your job. Okay, so now you're out there, you're
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standing in the arena. And I'm sorry, I'm not looking to
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give you my money. And neither are any of the other
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professionals in this marketplace. You're gonna have to take
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it from me. And I'm talking with a fight
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in long and short of it is if you have this mindset going
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in, and you've eased your way out of a job or earned your
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your, your ability to make money, then be able to trade full
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time.
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It's possible I'm not saying it's gonna guarantee you ever
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back and do it, but it's more conducive to you to be able to
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see a long term life
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Success in doing that.
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But I'm kind of deviating here, so I'm trying to bring him
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back. The main thing is, by having this perspective and it's
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an approach to trading, okay, it's really going to stack the
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odds in your favor and lessen not remove entirely lessen the
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likelihood of you going bust. Okay, hopefully you've had
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money management, training, and you know that you shouldn't
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be risking too much on your trades. And that goes with this
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as well. Just simply because it works really, really good
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doesn't mean go out there and bet the farm and say, Okay,
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well, this worked the last 80 times it happened. So
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therefore, I'm going to put 20% of my account up and
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leverage 400 to one and see what happens and hopefully I can
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get out my job in six weeks. If you're going to do that.
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Okay, I promise you, you will be regretting it. Okay. I
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don't want to see a testimony emailed to me about that. I'm
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not impressed by that. Okay. As far as I'm concerned, that's
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a lottery. And I don't I don't believe in the lottery. If I
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believed in the lottery, I'd be putting thousands of dollars
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in every week trying to win the peg to make a million and
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You're trying to win the mega million in the big Powerball
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games. I'm not a gambler, okay, so you shouldn't be either.
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You want to be consistently taking money out of marketplace
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and this is one concept that will help you know what it is
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specifically that you're looking for when you sit down to
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charts. Okay? The main thing is the main thing, you want to
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keep your sights set on what it is that matters most and all
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the lower timeframe static noise, you want to kind of filter
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it all that out. And how is it that we as professionals do
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that is that we have a higher timeframe perspective in mind,
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simply because the market moves 20 pips in one direction on
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a five minute chart or a 15 minute chart means absolutely
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nothing means absolutely nothing to a longer higher turn,
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timeframe premise. What I mean by that, I could watch an
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intraday price chart and see many many times where the
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market would pay 2030 pips and it would be against my
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directional premise or my comfort zone, in terms of
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directional premise, because I'm willing to wait for the
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setup to come to me. I don't want to change all these little
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tiny minor moves in the marketplace, there's people that can
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do a very good living doing that and scalping the market in
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short term intraday trading. I'm not negating their ability
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to do that or your potential to do that as well. But that's
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not the crux of this presentation, or this series is really
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designed for those that are asking the questions like, Well,
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how do I know that the support resistance level is going to
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hold? How do I know that directional premise for this day is
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going to be what it should be? Okay. This is my answer to
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those questions. Okay. Because, like I said, If I could go
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back to one question, you know, how is it able to get the
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direction, right? The second most asked question is how do I
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know that a specific support or resistance level is going to
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hold and we're going to be able to focus on that specific
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pair of questions in this individual volume and in volume
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two and three, we'll be dealing with other you know,
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topics that will hope, hopefully, dovetail nicely with this
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one and hopefully improve upon your understanding of the
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marketplace.
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Now framing retail trading ideas on the basis of the macro
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perspective is conducive profits. And again, we've already
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said this briefly,
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if you don't have the understanding of where the
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fundamentals are behind the market moves, okay. And again, I
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don't claim to be a fundamentalist. I don't know what the
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fundamentals are. I can't digest bank reports. I know a lot
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of well known trading mentors out there, use them and share
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them openly. I don't have the capacity to look at that stuff
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and understand what it means. Okay, and I don't have any
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shame in telling you that, you know, I don't, I can't listen
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to a speaker and determine Well, that's hawkish or dovish. I
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don't understand that. Okay. And if you can, wonderful, you
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know, kudos for you. But I don't need to know all that.
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stuff because I trust the price chart to tell me everything
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fundamental that I need to know about that marketplace. If
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it's looking to move up higher, I'll see signs before it
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starts going up that it's going to go up. And I'll tribute
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the fact that it's making money for me that I was
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fundamentally right on that move. That's the limitation I
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have as it relates to fundamentals, okay. Aside from
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interest rates, obviously.
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Now, the EMAS or Exponential Moving Averages apply to the
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weekly timeframes will assist in higher odds order flow and
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order blocks. Now, what do I mean by that? When we apply the
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the nine and 18 ma on the weekly chart,
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we already mentioned briefly, that there is a
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huge tendency, okay for trends or order flow to remained
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intact on a weekly chart. In other words, whatever it was
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that established a market moving higher, generally it's
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going to take something of greater magnitude on the opposite
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And to make it go lower.
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Okay, so as long as it's viewed as a good buy, the market
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will continue to move higher and continuously make higher
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highs and higher lows. The wonderful thing about that is
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that even though the EMAS are lagging in terms of time,
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okay, they're very, very low reaction. Okay, it takes a long
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time for these things to turn around on a weekly chart. As a
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new trader, if you sit down to a chart, no matter what pair
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you look at, or if it's a stock or if it's an index, or if
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it's a commodity, if you look at a weekly chart, and you'll
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lay over that particular timeframe, a nine Ma and 18 Ma, if
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the nine ma is greater than the 18, and they're stacking, it
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means they're opening up, okay, that they're widening from
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one another and pointing up. That's all we need to view a
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potential bullish condition on a weekly timeframe. In other
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words, weekly order flow.
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would be considered up. Okay? It's that simple. And
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conversely if the nine ma is below the 18 Ma, and they're
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stacking, in other words, the averages are opening up and
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pointing down. Okay, that is all that we need to indicate
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that we are in a weekly bearish order flow. Okay. Now,
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obviously, there will be 10 times of transition where we
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move from bullish to bearish or bearish to bullish, okay. Or
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we may move into a larger consolidation period that's going
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to happen, that is where you're going to incur your losses.
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Okay. I'm not saying you won't lose money in a bullish
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condition being a buyer, okay? There's gonna be times where
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you're going to you just simply be wrong. Okay. But if you
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stick to that approach, if you consistently milk that, that
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approach or perspective in the marketplace, and focusing on
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the strongest, most likely tendency to move higher or lower
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based on this time frame, your trades they won't be many of
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them. Okay?
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Because we know where we look to buy, we know when we look
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to buy, okay, but now we're going to be looking specifically
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on what direction where we're going to go and predominantly
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most buying or selling. And by having that in our, in our
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arsenal of tools, we'll be able to remove a lot of emotion
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will remove a lot of the fear, okay? And think about it.
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Think about what this does. assume for a moment you have a
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bullish weekly order flow, and everything's moving higher.
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If you find a daily order block to be a buyer, when you buy
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into that, and it rallies up 20 pips and it starts to pull
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back 10 Are you going to be scared that you probably made
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the wrong decision being a buyer or there's going to come
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down and take your stop? Probably not or hopefully, it's my
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advice that you shouldn't be fearful that because you're
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going to be trading with the professional mindset. Okay,
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you're going to have the higher timeframe, you're going to
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have the weekly order flow, you're gonna have weekly order
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blocks, you're gonna have daily order blocks, all in favor,
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and if you start timing the trades around more
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It's opening closes, you have so many qualifiers that really
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move the odds of you making money into reality. There's
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simply no guarantee obviously, I can't guarantee you're
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going to be consistently always making money. But if you
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just get a little niche in this marketplace, a small little
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edge, okay, and you, you understand what that edge is you
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can maximize this okay to be as big as you want it to be in
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terms of your results, but also, it's the same, it's a
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double edged sword if you maximize the risk simply because
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you associate the con, the consistency to it, okay, you're
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going to have a loss and invariably if you take a loss that
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invites emotionalism invites fear and greed, and then when
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you start applying those things to your trading, everything
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goes out the window and then you have havoc Okay, wreaking
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havoc all of your trades. You won't have any understanding
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of what it is you're doing, you're going to be reactionary
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instead of anticipatory and that's problematic.
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Okay, so we're going to be looking at the edvin, the
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advantageous nature of having the EMAS on weekly timeframe,
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okay, and how these will help us stay focused on where the
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fundamentals are driving price, okay, where the momentum, if
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you will, is continuously pushing behind the marketplace.
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And by having that we'll be able to be much more relaxed, we
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won't be rushed, we'll be waiting for the market to come to
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us versus we chasing it and missing the ideal low risk, high
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probability entry points.
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Now, trading in line with this view, will greatly increase
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the likelihood of consistency and precision. A lot of the
401
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times when I share my charts on a live basis, that I get a
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lot of response that you know, that was crazy. That was
403
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insane how, you know, the market reacted exactly right where
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you were calling it to do it. And I gotta tell you in this,
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this comes with experience. I mean, we're talking
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About a gentleman. Okay, myself here. I've been doing this
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for two decades. Okay, that's 20 years, a lot of the guys
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that I talked to are actually not many more years above that
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in terms of their age. So if you, if you think you're just
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going to sit down and watch this video series, take a couple
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notes and plug in a demo account, and then you know, a month
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from now you're going to be hitting it. It's going to take a
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little bit of time guys, and I would be foolish not to
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advise you to at least expect again, a growth period of at
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least six months. You gotta have to see these things happen
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to learn to trust them. hindsight and back testing is great.
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Okay, that's wonderful. But it's an altogether different
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animal when you start applying it and putting your money or
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even a demo account or pride on the line placing trades
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based on these concepts. You have to have the unseen
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understanding that you know, these are we're dealing with
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probabilities here we're not dealing with certainties. We're
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not dealing with absolutions. Okay, if there's any absolute
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Is that if you're wrong, you're going to lose money, it's
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going to come out of your account. There's no guarantee
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there's money coming in. But if you're wrong and you don't
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know what you're doing and you grossly abuse, leverage and
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risk, you will lose a lot of money. Okay? It doesn't matter
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that these have been tested by a trader that's been doing
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for 20 years, it doesn't matter that, you know, you know,
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I've made X amount of money trading, it has absolutely
432
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nothing to do with it. My results are absolutely unique to
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me. Okay, just as well as your, your results are gonna be
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unique to you. I have
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a lot of people reading the material that I present freely
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on the internet. Why is it that every one of us have
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completely unique results? Think about that.
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We're all uniquely different. I may see something on the
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chart that you don't now pundants and those that attack
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mentors and trading advisors or teachers or someone that's
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sharing ideas, okay? They'll come in and be you know,
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argumentative and say, Look, if your stuff works, so well
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why isn't everyone else doing the same thing that you are?
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And that kind of like proves their their myopic approach to
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looking at things, okay? It doesn't matter that we're
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talking about trading. Why isn't that everybody that gets in
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00:27:15,180 --> 00:27:18,930
golf doesn't play like Tiger Woods. Okay, why isn't it that,
448
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you know, everybody that gets into basketball? Why aren't
449
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they able to play like Michael Jordan, okay, it kind of
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falls on its face when you really look at it for what it is,
451
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okay? So don't judge your, your development against me, as
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the mentor, okay, you judge your development against how you
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were the day before. And you consistently do this over and
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over and over again, by default, you will improve that does
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not equate to profitability that comes on its own timing. I
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can't promise you that. But I can promise you, you will know
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more about you and how you are going to interact and engage
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this marketplace by these concepts and that we already
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learned in the previous videos and 10 and teachings that
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I've shared over the last four years.
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Now, with all that, let's take a look at a few examples.
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Okay, folks, we're looking at the fiber weekly chart is the
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Euro USD. And I've already applied the nine and 18 period
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exponential moving average. Now the blue line in here that's
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going to delineate the 18. And the red line is the nine.
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Okay, and very simply, if the nine in this case again, the
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red if it's above the blue, okay, and this again is a weekly
468
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chart, when we see this cross over and the averages start to
469
00:28:44,400 --> 00:28:46,500
stack, okay, and that means it right about on here, we're
470
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starting to see very clear indication that these averages
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are opening up and continually moving higher. I do not
472
00:28:53,880 --> 00:28:57,330
consider any of these downturns here as precursors to a
473
00:28:57,330 --> 00:29:00,000
potential crossover. When it crosses over then
474
00:29:00,000 --> 00:29:02,550
It crosses over. Okay, it's very important you had that your
475
00:29:02,550 --> 00:29:04,530
notes across over really
476
00:29:05,670 --> 00:29:08,580
has to happen in the averages before actually considered,
477
00:29:08,880 --> 00:29:12,000
you know, I no longer want to be following that, that that
478
00:29:12,000 --> 00:29:15,480
premise, okay. Again, that would be considered right here.
479
00:29:15,630 --> 00:29:19,170
Now Now the quick response is going to be on an lm one are
480
00:29:19,170 --> 00:29:21,330
going to see this already on either on Twitter or I'm going
481
00:29:21,330 --> 00:29:25,050
to see it on the forums. And if I left comments open for my
482
00:29:25,050 --> 00:29:27,420
videos on YouTube, not that these are going to be on
483
00:29:27,420 --> 00:29:28,650
YouTube, but if they were,
484
00:29:30,030 --> 00:29:32,280
invariably everyone would come out, say, Well, look at look
485
00:29:32,280 --> 00:29:35,820
at this big move here. You missed. Okay, I agree. You would
486
00:29:35,820 --> 00:29:40,740
have missed this big downturn. Okay, in terms of directional
487
00:29:40,740 --> 00:29:43,380
premise, but there's other tools that we can utilize back
488
00:29:43,380 --> 00:29:45,420
here for that. Okay. So again,
489
00:29:46,560 --> 00:29:50,940
we're building an arsenal of tools, okay. We don't drive a
490
00:29:50,940 --> 00:29:54,600
nail with assault. Okay, I can't say it any simpler than
491
00:29:54,600 --> 00:29:59,550
that. Each tool has its time and purpose. This is a tool and
492
00:29:59,550 --> 00:29:59,970
I'm showing you
493
00:30:00,000 --> 00:30:03,720
It's time and purpose, okay? When the averages are opened
494
00:30:03,720 --> 00:30:06,690
up, and they're stacking, again, the definition of stacking
495
00:30:06,690 --> 00:30:10,410
is when the averages are trending in the same direction and
496
00:30:10,440 --> 00:30:11,730
opening. Okay.
497
00:30:12,960 --> 00:30:16,230
That to me is a qualifier that we're in a bullish market
498
00:30:16,230 --> 00:30:19,860
condition on the higher time frame. So weekly order flow is
499
00:30:19,860 --> 00:30:20,340
higher.
500
00:30:21,360 --> 00:30:24,330
I want you to take a look at this chart now this is June of
501
00:30:24,330 --> 00:30:29,370
2013. In this area here, where we start seeing the averages
502
00:30:29,370 --> 00:30:32,910
open up and we've continuously seen the weekly order flow on
503
00:30:32,910 --> 00:30:35,370
a higher level. Okay, now we're just moving bullish Lee.
504
00:30:35,640 --> 00:30:39,180
Okay. Yes, there's been bearish weeks. Yes, there's been
505
00:30:39,180 --> 00:30:43,500
downturns. Yes, there's been wicked sell offs. But overall,
506
00:30:43,770 --> 00:30:47,400
we've maintained higher highs and higher lows. Okay. So
507
00:30:47,400 --> 00:30:50,940
again, it helps you filter out all that uncertainty that
508
00:30:50,940 --> 00:30:53,850
plagues a lot of the traders that are either reactionary or
509
00:30:53,850 --> 00:30:55,740
just simply have no idea what they're looking for.
510
00:30:57,180 --> 00:30:59,970
Before we go into the weekly order blocks,
511
00:31:00,000 --> 00:31:01,560
So I want to kind of show you
512
00:31:03,240 --> 00:31:07,170
how we can apply this information. Okay? So when you see the
513
00:31:07,170 --> 00:31:09,750
averages opening up here, okay, we're going to use this week
514
00:31:10,710 --> 00:31:14,580
there, okay? And we're going to color our area like this.
515
00:31:14,640 --> 00:31:18,270
Okay, now you can do any color you want. Okay. But what I've
516
00:31:18,300 --> 00:31:22,500
done is I've mapped out the market in terms of, we're in a
517
00:31:22,500 --> 00:31:25,530
bullish condition. Okay? So as long as the averages are like
518
00:31:25,530 --> 00:31:28,770
this, okay? In other words, just let's say for instance, if,
519
00:31:28,830 --> 00:31:31,260
if this is the time of the recording that you're watching
520
00:31:31,260 --> 00:31:36,180
right now, I would be simply doing this, okay with this
521
00:31:36,210 --> 00:31:40,950
data, unknown yet, okay. But right now as it is, we have
522
00:31:40,950 --> 00:31:43,590
this data, so we're just going to look at it like this. But
523
00:31:43,590 --> 00:31:48,150
it doesn't remove the the benefit of studying it in
524
00:31:48,150 --> 00:31:51,150
hindsight, because someone's hindsight today is going to be
525
00:31:51,150 --> 00:31:54,690
your benefit and future tomorrow. And that's what I'm trying
526
00:31:54,690 --> 00:31:57,810
to share with you. Now. If you look at this and discount
527
00:31:57,870 --> 00:32:00,000
immediately, I promise you ever
528
00:32:00,000 --> 00:32:01,830
Everything else I teach you here, you could do the same
529
00:32:01,830 --> 00:32:05,100
thing with it as well, you can nitpick it and find all kinds
530
00:32:05,100 --> 00:32:08,490
of flaws in it. But it's not the individual tool itself.
531
00:32:08,850 --> 00:32:13,170
It's the orchestration of the tools together that build a
532
00:32:13,170 --> 00:32:17,400
confluence of an idea that will hopefully materialize in a
533
00:32:17,400 --> 00:32:20,880
game for you either monetary or understanding what it is
534
00:32:20,880 --> 00:32:22,200
that you should be doing as a trader.
535
00:32:23,310 --> 00:32:26,370
And I'm really focusing more on the latter than the former.
536
00:32:26,970 --> 00:32:30,690
So now looking at this market like this, if we break this
537
00:32:30,720 --> 00:32:33,870
down, and we're just simply going to go down to a one hour
538
00:32:33,870 --> 00:32:36,300
chart, we're going to cut cut through all the four hour and
539
00:32:36,300 --> 00:32:39,270
all that good stuff. We're gonna go right to a four hour
540
00:32:39,270 --> 00:32:42,720
chart. Okay. And we'll be looking at this timeframe here.
541
00:32:43,170 --> 00:32:45,780
Okay, since the June of last year
542
00:32:47,280 --> 00:32:50,550
while we're in this shaded area, okay, we are in what would
543
00:32:50,550 --> 00:32:54,900
be considered a weekly bullish order flow. Okay. I want you
544
00:32:54,900 --> 00:32:58,680
to pay attention to when we see order blocks as you
545
00:32:58,680 --> 00:32:59,970
understand this already, by law.
546
00:33:00,000 --> 00:33:02,190
At the scout sniper series
547
00:33:04,200 --> 00:33:07,440
we see a price rally up aggressive. Okay, so in this area
548
00:33:07,440 --> 00:33:10,800
here in this price, we're just gonna call it 133 25. Okay,
549
00:33:11,010 --> 00:33:13,890
when price moves aggressively away from that, okay, notice
550
00:33:13,890 --> 00:33:18,300
it did rather sharply. Then we pull back down in at a
551
00:33:18,300 --> 00:33:19,530
retracement. Now
552
00:33:20,880 --> 00:33:24,060
if you're simply just looking at my videos and reviews, it
553
00:33:24,060 --> 00:33:26,460
simply looks like I'm grabbing the best of the best in terms
554
00:33:26,460 --> 00:33:29,340
of the highs and lows to pull my fib from and then say look
555
00:33:29,340 --> 00:33:31,740
at this move that I caught or look at this move that you
556
00:33:31,740 --> 00:33:33,930
could have caught, okay, or what kind of great and perfect
557
00:33:33,930 --> 00:33:39,870
my tools are. Okay. You've gleaned another important central
558
00:33:39,870 --> 00:33:42,990
tenant to my understanding of the marketplace by
559
00:33:43,140 --> 00:33:47,280
implementing the ICT order blocks, okay, we understand how
560
00:33:47,280 --> 00:33:49,770
to look at the marketplace and see when institutional
561
00:33:49,770 --> 00:33:54,240
sponsorship enters the marketplace. Okay. The first bearish
562
00:33:54,240 --> 00:33:57,270
candle right here, okay, by applying
563
00:34:01,709 --> 00:34:04,499
Our understanding that we learned in the scout sniper series
564
00:34:05,159 --> 00:34:09,929
with order blocks, when price moves back down into this area
565
00:34:09,929 --> 00:34:12,389
here this order block, that is when we would be looking to
566
00:34:12,389 --> 00:34:16,799
be a buyer. Okay? Notice also that the averages are above,
567
00:34:17,219 --> 00:34:22,319
okay, the red is above. Now we don't use the averages on a
568
00:34:22,499 --> 00:34:25,259
one hour basis but if you're looking to utilize and that's
569
00:34:25,259 --> 00:34:28,799
certainly possible here. Okay. But I guess really I should
570
00:34:28,799 --> 00:34:32,879
be removing I should be removing these these indicators
571
00:34:32,879 --> 00:34:35,729
right now because we've already arrived at our understanding
572
00:34:35,729 --> 00:34:38,849
of what it is specifically they're going to give us
573
00:34:39,960 --> 00:34:41,100
based on the weekly chart.
574
00:34:42,480 --> 00:34:45,660
Okay, so now we can clearly see looking at study of price,
575
00:34:45,930 --> 00:34:49,830
we're in an area where we want to be focusing on buys. Okay.
576
00:34:50,340 --> 00:34:53,940
And by having this understanding, we could be looking to be
577
00:34:53,940 --> 00:34:57,360
a buyer when it gets down into a one hour quarter block.
578
00:34:57,660 --> 00:34:58,050
Okay.
579
00:35:02,130 --> 00:35:04,320
I'm just going to just quickly pan through I'm not going to
580
00:35:04,320 --> 00:35:09,870
try to cherry pick anything but you have price we saw a
581
00:35:09,870 --> 00:35:14,220
price drop down in here okay we have a rather large order
582
00:35:14,220 --> 00:35:17,940
block in here again we discussed why I do not like the long
583
00:35:17,940 --> 00:35:22,170
wick candles in here. So you can you could argue that you
584
00:35:22,170 --> 00:35:25,110
know this would be one here also but again it looks like a
585
00:35:25,110 --> 00:35:28,650
spinning top I want more candle body, okay, so it would be
586
00:35:28,650 --> 00:35:31,530
this one here. Okay, so if we apply that
587
00:35:37,380 --> 00:35:43,380
okay when price drops back down into this area of
588
00:35:43,380 --> 00:35:48,000
waterblock. Okay, we saw price rally in here. We saw price
589
00:35:48,000 --> 00:35:53,490
rally in here. It dipped in deep here, rallied again. Even
590
00:35:53,490 --> 00:35:57,570
this little area right in here. Okay. It doesn't look like
591
00:35:57,570 --> 00:35:59,820
much but that's the trade that you could take intraday.
592
00:36:00,210 --> 00:36:03,150
Okay, that's, that's a favorable trade. If you pull a fit
593
00:36:03,150 --> 00:36:05,490
from this low to this high shore, that would be something
594
00:36:05,490 --> 00:36:09,450
you could be catching a trade on. And again, all we're doing
595
00:36:09,450 --> 00:36:12,690
is simply looking at areas of where price action showed a
596
00:36:12,690 --> 00:36:14,880
potential to bounce. Okay, we're not looking at the
597
00:36:14,880 --> 00:36:20,370
cleanest, you know, major swings a major, you know, price
598
00:36:20,370 --> 00:36:24,150
points to take every single, major high and low. That's not
599
00:36:24,150 --> 00:36:26,370
what I'm teaching here. I'm giving you a means of looking
600
00:36:26,370 --> 00:36:31,440
for consistently profitable setups over a long sample size,
601
00:36:31,440 --> 00:36:34,110
a long period of time, not just giving you the best of the
602
00:36:34,110 --> 00:36:36,270
best and cherry picking because that's entirely two
603
00:36:36,570 --> 00:36:39,030
different things. Okay, that's another whole video series.
604
00:36:40,980 --> 00:36:44,070
But moving forward, okay. Price, even though we were in this
605
00:36:44,070 --> 00:36:48,060
long, long period of of drawdown in here, okay, in terms of
606
00:36:48,060 --> 00:36:51,300
price dropping, lower, lower, lower, okay. One could argue,
607
00:36:51,300 --> 00:36:54,090
hey, look, you know, I'm not able to get a trade, you know,
608
00:36:54,630 --> 00:36:56,970
during this period of time, I can't I can't see any any
609
00:36:56,970 --> 00:37:01,110
means of looking to be a buyer in here. And that's fine.
610
00:37:01,350 --> 00:37:04,140
Because you know what, this is just one pair of many that
611
00:37:04,140 --> 00:37:07,710
you have to choose from. Simply because I focus on the euro
612
00:37:07,740 --> 00:37:11,790
and British Pound doesn't mean that you can't pay attention
613
00:37:11,790 --> 00:37:15,420
to other particular pairs. All I'm showing you here is if
614
00:37:15,510 --> 00:37:19,020
I'm in the Euro, I want to be a buyer. Okay? If especially
615
00:37:19,020 --> 00:37:21,180
if I'm going to be loading up the maximum amount of risk
616
00:37:21,630 --> 00:37:27,330
allocation to my trades. Okay, price. Let's come back here
617
00:37:27,330 --> 00:37:30,360
just a little bit. We have this area of consolidation, okay,
618
00:37:30,360 --> 00:37:34,410
support resistance price rallies through it comes back down
619
00:37:35,100 --> 00:37:38,910
almost to an area of old high in here, or high as well over
620
00:37:38,910 --> 00:37:41,340
here comes down and then what does it do? It doesn't spend
621
00:37:41,340 --> 00:37:44,880
much time here does it? It rallies off. Now again, focus on
622
00:37:44,880 --> 00:37:48,960
the big picture. We are inside of a bullish weekly order
623
00:37:48,960 --> 00:37:52,800
flow. Okay, so we want to be seeing these types of events in
624
00:37:52,800 --> 00:37:56,430
here. Okay. Price rallies up and it comes back down whereas
625
00:37:56,430 --> 00:38:00,750
it really was a drop down into previous waterblock we're
626
00:38:00,750 --> 00:38:04,530
here. Okay, the bearish candle prior to the rally up inside
627
00:38:04,530 --> 00:38:08,700
the bearish candle again what is our our understanding of
628
00:38:08,700 --> 00:38:12,690
the marketplace smart money buys in down markets and they
629
00:38:12,690 --> 00:38:18,300
sell in up markets. Okay, relate that to a candle there yes
630
00:38:18,300 --> 00:38:20,760
they may be buying in this candle here okay but we're
631
00:38:20,790 --> 00:38:24,450
looking inside the bearish candle. Okay, let's zoom in a
632
00:38:24,450 --> 00:38:31,830
little bit better we're looking inside this bearish candle
633
00:38:32,070 --> 00:38:41,370
prior to this move up okay. So by applying that we can get
634
00:38:41,370 --> 00:38:44,520
very precise in terms of where we would anticipate seeing a
635
00:38:44,520 --> 00:38:52,590
market move higher okay we have a smaller order block here
636
00:38:53,310 --> 00:38:56,790
as well okay we saw price come down into our large or block
637
00:38:56,790 --> 00:39:00,960
here. Price rallies. Okay. It comes Back And where's it come
638
00:39:00,960 --> 00:39:08,610
back to the previous order block right in here. So here's an
639
00:39:08,820 --> 00:39:12,870
opportunity to be in here being a buyer. Look how precise
640
00:39:13,170 --> 00:39:19,530
these areas of bullish order blocks inside of this larger
641
00:39:19,530 --> 00:39:22,380
weekly order flow that's bullish, look at the reaction
642
00:39:22,380 --> 00:39:25,740
you're getting. Okay? And I want you to pay attention to the
643
00:39:25,740 --> 00:39:27,990
dates at the bottom of the chart because you're going to see
644
00:39:27,990 --> 00:39:31,380
how many times these setups present themselves. Okay, we
645
00:39:31,380 --> 00:39:35,580
have another bearish order block right in here or we could
646
00:39:35,580 --> 00:39:38,340
use the older order block. Okay, we comes down certainly
647
00:39:38,340 --> 00:39:41,190
down into it there. But we're going to be a realist and
648
00:39:41,190 --> 00:39:46,200
we're going to say that you're utilizing this candle here. I
649
00:39:46,200 --> 00:39:49,410
don't like this because to wiki Okay, so I'd be willing to
650
00:39:49,410 --> 00:39:53,340
be a buyer and once we broke below the candles high here,
651
00:39:53,490 --> 00:39:58,680
okay, not No. Words. Yes, this candles highs lower than this
652
00:39:58,680 --> 00:40:01,290
one. Okay. So I Dealing with risk would be smaller by
653
00:40:01,290 --> 00:40:04,200
utilizing this one but I want to be sticking to my rules the
654
00:40:04,200 --> 00:40:07,740
rules require a little bit more of a body on down candle in
655
00:40:07,770 --> 00:40:10,830
a bullish order block so how are you utilizing this one? So
656
00:40:10,860 --> 00:40:15,870
the price comes down in here okay the close on this candle
657
00:40:16,140 --> 00:40:17,340
Let me see if I can get the pull up
658
00:40:23,550 --> 00:40:28,560
well let's give me a hard time now but it's not much in
659
00:40:28,560 --> 00:40:30,450
terms of decline and we just had
660
00:40:41,100 --> 00:40:45,420
we'll have to move on the price comes back down into this
661
00:40:45,420 --> 00:40:48,510
order block and what does it do it snaps back up again. Okay
662
00:40:48,510 --> 00:40:53,700
and rallies. What I find interesting is okay that price not
663
00:40:53,700 --> 00:40:57,510
only comes down into it here, rallies off, okay, but comes
664
00:40:57,510 --> 00:41:02,280
back down into it again. The same order block. Okay, rallies
665
00:41:02,280 --> 00:41:06,420
off again, comes back down one more time when you see this,
666
00:41:06,600 --> 00:41:10,290
okay, they're really really accumulating positions in here.
667
00:41:11,220 --> 00:41:15,450
Okay, they're really accumulating positions. Now this is
668
00:41:15,450 --> 00:41:18,270
going to answer one of the questions I get a lot. How do I
669
00:41:18,270 --> 00:41:22,950
know that price is going to hold a support level? Okay.
670
00:41:23,940 --> 00:41:26,670
Well, we have a bullish order block here. Okay, and now
671
00:41:26,670 --> 00:41:30,210
we're going to do is add a horizontal line. And I think
672
00:41:30,240 --> 00:41:32,940
everyone that's watching would agree that this is probably a
673
00:41:32,940 --> 00:41:37,020
good level to choose. I'm just gonna use a 60 nice round
674
00:41:37,020 --> 00:41:41,490
number. We find this support here we find support here. We
675
00:41:41,490 --> 00:41:45,690
find support here and then we've rallied off okay. When you
676
00:41:45,690 --> 00:41:49,500
see the level being accumulated like this inside an order
677
00:41:49,500 --> 00:41:56,280
block inside of an a weekly bullish order flow, okay? That's
678
00:41:56,340 --> 00:41:59,610
how I trust the level to be a support level and not be
679
00:41:59,610 --> 00:42:03,780
violated. Okay, now, again, because we trade in the gray. In
680
00:42:03,780 --> 00:42:07,440
other words, we don't trade with the perfection of black and
681
00:42:07,440 --> 00:42:11,070
white, we have to tray trade in between that, okay? And it's
682
00:42:11,070 --> 00:42:16,350
going to be a lot of times on clear. But we trust our
683
00:42:16,470 --> 00:42:19,410
understanding of what the marketplace gives us over a large
684
00:42:19,410 --> 00:42:22,350
sample size of doing the same thing over and over and over
685
00:42:22,350 --> 00:42:27,780
again, building a reference point of trust and the tools,
686
00:42:27,840 --> 00:42:30,000
okay, again, this is the reason why you simply can't watch
687
00:42:30,000 --> 00:42:32,850
these videos and go out and start making 32% a month, okay?
688
00:42:32,850 --> 00:42:34,560
It's not it's not going to happen like that. You have to
689
00:42:34,560 --> 00:42:38,190
spend some time warming up to the tools owning them, making
690
00:42:38,190 --> 00:42:41,850
them your own, okay. But this is the framework that I
691
00:42:41,850 --> 00:42:45,450
utilize the trust a support level, if, if the order blocks
692
00:42:45,450 --> 00:42:48,660
are being respected on the bullish side, support levels
693
00:42:48,660 --> 00:42:52,350
around that order block should maintain, okay, it's that
694
00:42:52,350 --> 00:42:58,290
simple. It's no real Voodoo to it. Price rallies up strongly
695
00:43:01,230 --> 00:43:04,290
You can see we had more of a consolidation here. And again
696
00:43:04,320 --> 00:43:08,160
back here, we saw that support level that we have identified
697
00:43:08,160 --> 00:43:11,610
here, okay, that we expect it to be a solid support line and
698
00:43:11,610 --> 00:43:15,360
should maintain price above it. And you see a very, very
699
00:43:15,360 --> 00:43:20,220
huge extrapolated move on the upside. Okay, now think we're
700
00:43:20,220 --> 00:43:24,060
seeing the biggest moves with the shortest amount of time
701
00:43:24,060 --> 00:43:28,260
happening going lower or going higher, going higher. Okay,
702
00:43:28,560 --> 00:43:31,320
the order blocks on the bullish side of the markets, places
703
00:43:31,320 --> 00:43:34,290
being respected, a great deal, and that's what you're
704
00:43:34,290 --> 00:43:38,040
looking for. That's the that's behind the peels of the onion
705
00:43:38,040 --> 00:43:41,190
you're looking for. You're investigating not only trading
706
00:43:41,190 --> 00:43:45,330
the market and you're investigating on a daily basis, what's
707
00:43:45,330 --> 00:43:48,870
being respected. Okay, if we're on a weekly order block, and
708
00:43:48,900 --> 00:43:51,900
I'm sorry, a weekly order flood is bullish, and we have
709
00:43:51,960 --> 00:43:55,800
order blocks on a daily four hour and one hour chart being
710
00:43:55,800 --> 00:43:59,250
respected. How would you ever feel comfortable going short
711
00:43:59,250 --> 00:44:02,220
in that condition? Why would you want to do that? Even if
712
00:44:02,220 --> 00:44:05,160
you're a day trader? Why would you want to do that? It just
713
00:44:05,160 --> 00:44:08,400
goes against the grain. Why would you do that? Hopefully
714
00:44:08,430 --> 00:44:11,700
with this video series in the previous with the sniper
715
00:44:11,700 --> 00:44:15,210
series, you'll see that going against the grain many times
716
00:44:15,300 --> 00:44:18,720
is just not worth it, even if it's, you know, because you
717
00:44:18,720 --> 00:44:21,900
see something that you've missed on the long side. Well, I
718
00:44:21,900 --> 00:44:23,850
want to I want to be a seller because I missed a big moose
719
00:44:23,880 --> 00:44:27,810
catch me a little bit of a retracement. Why, why not to sit
720
00:44:27,810 --> 00:44:31,650
back and turn it computers off, go watch a movie, go read a
721
00:44:31,650 --> 00:44:34,260
book, go spend time with your spouse or kids and then come
722
00:44:34,260 --> 00:44:37,320
back and wait for when the market participants are lining up
723
00:44:37,320 --> 00:44:39,810
the next move going higher with a bullish order block inside
724
00:44:39,810 --> 00:44:43,650
this weekly order flow that's bullish. Okay. It gives you
725
00:44:43,650 --> 00:44:48,270
that patience factor that's so hard to grab ahold of as a
726
00:44:48,270 --> 00:44:54,630
new trader that that skill set is learned by just getting in
727
00:44:54,630 --> 00:44:58,800
the marketplace and doing it. It really the patient's is
728
00:44:58,800 --> 00:45:03,330
honed by the not Doing it okay to doing the lack thereof of
729
00:45:03,330 --> 00:45:08,340
doing it. Okay, if you will. So we have price again, giving
730
00:45:08,340 --> 00:45:10,350
us more more opportunity. Now again, I'm showing you a
731
00:45:10,350 --> 00:45:13,770
completely naked approach. I just gave you one example how I
732
00:45:13,770 --> 00:45:16,740
classify and qualify a support level or resistance level.
733
00:45:16,740 --> 00:45:20,880
Same way just reversing it. But we're looking at pure naked
734
00:45:20,880 --> 00:45:25,860
trading. Absolutely. No indicators. Absolutely no Fibonacci,
735
00:45:26,010 --> 00:45:26,700
no.
736
00:45:27,179 --> 00:45:30,299
pivots, No, none of that stuff. Okay. I want you to look at
737
00:45:30,299 --> 00:45:35,429
the inherent nature, price behavior repeats over and over
738
00:45:35,429 --> 00:45:40,019
and over again. Okay. Price comes down, rallies off sharply.
739
00:45:40,259 --> 00:45:42,749
Okay. So if you sat down to chart and say, well look at
740
00:45:42,749 --> 00:45:46,439
this, this is really running up. Many times new traders so
741
00:45:46,439 --> 00:45:48,179
look at this, we're making a bull flag I'm going to buy
742
00:45:48,209 --> 00:45:52,859
don't buy expecting the repeat of this move to here to be
743
00:45:52,859 --> 00:45:56,789
replicated here and go up higher. It didn't do it here. You
744
00:45:56,789 --> 00:45:58,769
as a professional trader say, Hey, you know what, I've
745
00:45:58,769 --> 00:46:01,079
watched inner circle traders. You scout sniper series and on
746
00:46:01,079 --> 00:46:07,259
Now watch this new precision concepts series. I know this up
747
00:46:07,259 --> 00:46:11,249
here, these are inflated prices. I'm not paying inflated
748
00:46:11,249 --> 00:46:14,909
prices, okay, I'm not willing to do that. I want to sit back
749
00:46:14,999 --> 00:46:19,229
and get a better deal on being a buyer. Okay because think
750
00:46:19,229 --> 00:46:22,289
about it, if this is your point of origin down here, okay,
751
00:46:22,289 --> 00:46:25,619
this is where the market took off. Inside this bearish
752
00:46:25,619 --> 00:46:29,519
candle is where all the Smart Money was buying. Granted they
753
00:46:29,519 --> 00:46:32,069
may have been buying more and more more here, but I promise
754
00:46:32,069 --> 00:46:34,679
you the majority of their buy order was facilitated during
755
00:46:34,679 --> 00:46:38,819
this bearish candle probably if not, if at all majority of
756
00:46:38,819 --> 00:46:43,199
it being in the lower third of the candle itself. So if you
757
00:46:43,199 --> 00:46:50,579
look at the order block, we add that here to tie the first
758
00:46:50,579 --> 00:46:56,759
bearish candle going right before the moves, begin. Market
759
00:46:56,759 --> 00:46:59,429
drops back down inside of that, okay, and again, I'm not
760
00:46:59,429 --> 00:47:02,039
going to apply it Fibonacci is here, guys. I want this to be
761
00:47:02,039 --> 00:47:07,079
pure and simply focused on the price action alone. I don't
762
00:47:07,079 --> 00:47:09,509
want to have any kind of muddled charts, I don't want to
763
00:47:09,509 --> 00:47:12,269
look it look like I'm cherry picking it and make it look
764
00:47:12,269 --> 00:47:15,689
perfect for you. I'm showing you what it is you're looking
765
00:47:15,689 --> 00:47:19,409
for why you're looking for it when you're looking for, okay,
766
00:47:19,709 --> 00:47:22,679
again, don't lose sight that we're in this larger gray
767
00:47:22,679 --> 00:47:26,999
shaded area where what the weekly order flow is bullish.
768
00:47:27,629 --> 00:47:31,409
Okay, I could care less if I'm going to be a short term
769
00:47:31,409 --> 00:47:35,909
trader, or if I'm going to be an intraday swing trader. This
770
00:47:35,909 --> 00:47:39,479
is the type of setup that you're looking for. Okay, price
771
00:47:39,479 --> 00:47:43,079
comes back down. And we're going to look for the order block
772
00:47:43,079 --> 00:47:46,229
to be fulfilled as a buy right here. We dipped back down
773
00:47:46,229 --> 00:47:48,839
inside of this. Okay, you can pull your fit from here to
774
00:47:48,839 --> 00:47:52,889
here. Look on your daily pivots, look for some confluence of
775
00:47:53,039 --> 00:47:56,039
supporting factors around here. But we're also trading about
776
00:47:56,069 --> 00:48:00,299
what level the 134 80 level that's an institution level
777
00:48:00,299 --> 00:48:03,929
that's one we'd like to see. Okay, price bounces off at
778
00:48:03,929 --> 00:48:07,049
comes back down one more time dips into this order block.
779
00:48:07,379 --> 00:48:10,889
Now we're going to scroll forward and see, you think that's
780
00:48:10,889 --> 00:48:14,849
a price reaction that's it's worthy of your attention.
781
00:48:15,419 --> 00:48:19,349
Again, we're looking at just simply looking at weekly order
782
00:48:19,349 --> 00:48:23,819
flow as a framework of determining where we should be doing
783
00:48:23,819 --> 00:48:27,569
our buying or selling. Okay? And by having that we're
784
00:48:27,569 --> 00:48:31,349
limiting our focus really only on one side of the
785
00:48:31,349 --> 00:48:35,069
marketplace. We won't be lulled into thinking we need to be
786
00:48:35,069 --> 00:48:38,849
a bear. And we're okay with price moves dropping lower,
787
00:48:38,939 --> 00:48:41,519
okay, because that's doing what for us. It's setting up a
788
00:48:41,519 --> 00:48:45,689
next potential buy. Okay, and that's a very handsome move
789
00:48:45,689 --> 00:48:50,609
right here. And I mean, that's a decent move. That's what is
790
00:48:50,609 --> 00:48:56,429
that 1020 3040 5060 7080 almost 90 pips made available to
791
00:48:56,429 --> 00:49:00,449
you just simply using this concept of understanding Higher
792
00:49:00,449 --> 00:49:03,839
timeframe order flow, looking for order blocks and a lower
793
00:49:03,839 --> 00:49:08,579
timeframe to support the idea of buying, okay, but more
794
00:49:08,579 --> 00:49:12,029
importantly, that goes along with our title of the series.
795
00:49:12,299 --> 00:49:16,529
Look how precise Okay, look how precise these reactions are
796
00:49:16,529 --> 00:49:22,799
occurring exactly where we're expecting to see. I'm going to
797
00:49:22,799 --> 00:49:30,959
show you I'm going to give you a view on how much this is
798
00:49:30,959 --> 00:49:34,889
our order block, okay, and it dipped down to the tune of
799
00:49:35,969 --> 00:49:39,899
looking at five pips. It only moves five pips into the order
800
00:49:39,899 --> 00:49:43,319
block. Okay? So that means if you're buying inside this
801
00:49:43,319 --> 00:49:45,839
order block and you can just put a stop below here, we're
802
00:49:45,839 --> 00:49:48,389
going to say 10 pips I'm going to be fair, I could say you
803
00:49:48,389 --> 00:49:51,659
five pips but I don't want it to be too perfect. We're going
804
00:49:51,659 --> 00:49:55,259
to say we're buying right at the order block. Okay, so in
805
00:49:55,259 --> 00:49:57,479
order to want to allow the marketplace to trade to this
806
00:49:57,479 --> 00:50:02,639
point, it's got to go at least, I guess the general mean is
807
00:50:02,669 --> 00:50:06,569
about three pips for most retail platforms but if you if
808
00:50:06,569 --> 00:50:11,489
you're buying down here you're going to get your fill here's
809
00:50:11,489 --> 00:50:17,399
the low and we go 10 pips below that. Your stops around
810
00:50:17,399 --> 00:50:24,209
134 50 Okay, so that's not bad and it's less than a 30 PIP
811
00:50:24,209 --> 00:50:26,099
stop that's 21 pips
812
00:50:27,570 --> 00:50:31,740
to get this type of move so who out in the audience would
813
00:50:31,770 --> 00:50:35,730
would say you know, part of my expression but screw you ICT
814
00:50:35,730 --> 00:50:38,940
I don't want to make 90 pips and risk 25 you know, how dare
815
00:50:38,940 --> 00:50:42,570
you ask me something like that is that that's the mindset
816
00:50:42,570 --> 00:50:45,720
that you know you should be adopting, okay going into this
817
00:50:45,720 --> 00:50:47,850
because when you're looking for three to one setups like
818
00:50:47,850 --> 00:50:54,120
this, it really perpetuates your, your equity curve to
819
00:50:54,120 --> 00:50:56,280
higher heights than you probably have ever expected to be
820
00:50:56,280 --> 00:51:02,220
able to see also, again, Can't stress the level of
821
00:51:02,520 --> 00:51:05,970
confidence that you have as a trader, when you apply these
822
00:51:05,970 --> 00:51:11,280
concepts routinely, you stay within the roles of what they
823
00:51:11,310 --> 00:51:14,370
are requiring you to do. And by looking at the marketplace
824
00:51:14,400 --> 00:51:17,490
with an understanding of what it is you're doing, why you're
825
00:51:17,490 --> 00:51:20,610
doing it, and the times of the day that you're expecting
826
00:51:20,610 --> 00:51:23,730
these things to occur as well. Okay? So again, I'm not
827
00:51:23,730 --> 00:51:28,920
trying to give you the whole recanting of the sniper series
828
00:51:28,920 --> 00:51:32,100
here, but go back through that video series. If you've if
829
00:51:32,100 --> 00:51:34,320
you've gone through it once or twice, do it again. And then
830
00:51:34,320 --> 00:51:36,450
come back to this video series one more time and I promise
831
00:51:36,450 --> 00:51:40,710
you the ideas will dovetail so uniformly, when you look at
832
00:51:40,710 --> 00:51:42,660
the price charts, you're going to absolutely fall off your
833
00:51:42,660 --> 00:51:44,790
chair and say, You know what, man, this has been right here
834
00:51:44,790 --> 00:51:47,100
the whole time staring me in the face, but you don't
835
00:51:47,160 --> 00:51:51,690
understand it. It's like reading music. Okay. I couldn't
836
00:51:51,690 --> 00:51:54,990
read music to save my life. Okay, I have a son that plays
837
00:51:54,990 --> 00:51:58,950
the trombone. Why he picked that instrument? I don't know.
838
00:51:59,820 --> 00:52:04,800
But He can read sheet music. And to me it looks like it's in
839
00:52:04,830 --> 00:52:07,890
hieroglyphic form. I can't get anything out of that stuff
840
00:52:07,890 --> 00:52:09,720
but he can look at the sheets all you have to do to do and
841
00:52:09,720 --> 00:52:12,720
he starts playing it right away. When you look at the the
842
00:52:12,720 --> 00:52:19,380
price charts, okay. Linda, from the book, street smarts made
843
00:52:19,380 --> 00:52:24,300
a very good analogy. She She plays piano and she reviews the
844
00:52:24,300 --> 00:52:27,450
marketplace as like reading musical notes. Okay, and she
845
00:52:27,450 --> 00:52:31,320
knows how to interpret what it is that price charts. are you
846
00:52:31,590 --> 00:52:35,850
communicating to her? To me, I just look at price. You know
847
00:52:35,850 --> 00:52:40,950
how I communicate to you I adopted this sniper persona, not
848
00:52:40,950 --> 00:52:43,440
because it sounds cool, and I'm a guy. It just happens to be
849
00:52:43,470 --> 00:52:47,190
a bonus. But to me, this makes perfect sense. I lie in wait.
850
00:52:47,490 --> 00:52:51,840
I want to see price come to me. When that prey steps into my
851
00:52:51,840 --> 00:52:56,880
scope. It's going down. Okay, I might have to shoot one more
852
00:52:56,880 --> 00:53:00,000
time to ultimately get it. Okay, but I'm going to shoot
853
00:53:00,570 --> 00:53:03,720
Nonetheless, when it steps into my scope, I'm not painting
854
00:53:03,720 --> 00:53:07,560
all around with my scope. Okay, I'm waiting for it to come
855
00:53:07,590 --> 00:53:10,470
out in the clear that specific time because I've done my
856
00:53:10,470 --> 00:53:13,620
reconnaissance, I've waited for this thing to drop down.
857
00:53:14,010 --> 00:53:16,800
Okay, I've waited for it to come down into a time where it
858
00:53:16,800 --> 00:53:20,130
shown a pattern to repeatedly come back to over and over
859
00:53:20,130 --> 00:53:23,490
again like a mouse going to cheese, okay? When it comes down
860
00:53:23,490 --> 00:53:26,160
to this timeframe, and it enters what time frame of the day,
861
00:53:27,030 --> 00:53:32,190
it is during the London close. This is a timeframe where we
862
00:53:32,190 --> 00:53:36,210
expect things to happen. Okay. So when you see that there's
863
00:53:36,210 --> 00:53:38,880
a reason to expect the markets to do something, not simply
864
00:53:38,880 --> 00:53:41,790
because well, I got off of work early, or I faked like I was
865
00:53:41,790 --> 00:53:44,310
sick and got a stomach flu. A boss thinks I'm going to bed
866
00:53:44,310 --> 00:53:46,590
but I'm really going home to trade British Pound because,
867
00:53:46,650 --> 00:53:49,830
you know, the last video I saw just has me so stoked on the
868
00:53:49,830 --> 00:53:52,800
mix, like extra money. That's not what that's no, that's no
869
00:53:52,800 --> 00:53:55,350
way to trade. It's no way to go into this business. Okay,
870
00:53:55,380 --> 00:53:59,310
again, you want to be completely focused as to what it is
871
00:53:59,310 --> 00:54:01,740
you're doing. Why You're doing it when you're doing it with
872
00:54:01,740 --> 00:54:05,280
a premise behind it that is unmovable. Regardless of what I
873
00:54:05,280 --> 00:54:07,920
say in the forums, what I say in my videos, what I say in my
874
00:54:07,920 --> 00:54:10,140
commentary what anybody else says, doesn't matter who they
875
00:54:10,140 --> 00:54:14,280
are, okay? It does not matter, you are unwavering in your
876
00:54:14,280 --> 00:54:17,520
analysis, you stick to it, that's when you move to a whole
877
00:54:17,520 --> 00:54:21,720
new level of trading, where it just can't be understood.
878
00:54:21,750 --> 00:54:24,510
Until you get to that point, when you arrive at that level,
879
00:54:24,510 --> 00:54:27,300
you'll know exactly what it means to be completely confident
880
00:54:27,300 --> 00:54:30,900
and unshaken now, doesn't mean you're trading with 100%
881
00:54:30,900 --> 00:54:34,980
accuracy. It just means that when your loss comes, it
882
00:54:34,980 --> 00:54:36,900
doesn't affect you. Because number one, you know that
883
00:54:36,900 --> 00:54:39,330
they're going to be minimal. They're going to be controlled,
884
00:54:39,570 --> 00:54:42,630
they're going to be at the lower spectrum of overall risk to
885
00:54:42,630 --> 00:54:47,640
your asset. I'm sorry, you're out your equity. So if you
886
00:54:47,640 --> 00:54:52,260
have limited to a total percentage, you've totally limited
887
00:54:52,260 --> 00:54:56,310
it to the number or frequency of trading, you've limited it
888
00:54:56,310 --> 00:54:59,640
to two degree that you're only going to be focusing on one
889
00:54:59,640 --> 00:55:01,860
side of the world. Place, you're only going to be doing
890
00:55:01,890 --> 00:55:05,400
specific trades a specific time of day, a specific day of
891
00:55:05,400 --> 00:55:07,770
the week because we don't like to trade on Mondays. We don't
892
00:55:07,770 --> 00:55:09,690
like to trade on Sundays and we don't like to trade on
893
00:55:09,690 --> 00:55:13,380
Fridays, we've really focused on the sweet spot, if you
894
00:55:13,380 --> 00:55:16,200
will, to cherry pick Tuesday, Wednesday and Thursday setups,
895
00:55:16,650 --> 00:55:19,770
okay. Now it doesn't mean you can't take a Monday trade. It
896
00:55:19,770 --> 00:55:21,630
doesn't mean you can't take a trade on Friday.
897
00:55:21,990 --> 00:55:24,780
But I certainly advise you not to take a trade on Sunday
898
00:55:24,780 --> 00:55:28,170
because it's simply not enough liquidity to facilitate sound
899
00:55:28,170 --> 00:55:31,080
trading. Let's continue to move on going another rabbit
900
00:55:31,080 --> 00:55:33,780
trail apologize. I'm very passionate about this stuff.
901
00:55:34,080 --> 00:55:36,900
Obviously, you can hear that in my my delivery every time we
902
00:55:36,900 --> 00:55:39,000
get in here and start teaching versus just doing a market
903
00:55:39,000 --> 00:55:43,770
review. But we have this order block as well. Price comes
904
00:55:43,770 --> 00:55:50,160
back down into this order block and we could borrow this
905
00:55:50,160 --> 00:55:57,960
level here, make another copy of it little trendline here
906
00:56:01,230 --> 00:56:07,830
added to our bearish candle of our bullish order block.
907
00:56:07,980 --> 00:56:11,430
Again, we're looking for the speed at which it moves away
908
00:56:11,430 --> 00:56:15,510
from the level. That's as a qualifier for these, okay? And
909
00:56:15,510 --> 00:56:20,040
we're also looking at the time at which is spent at that.
910
00:56:20,160 --> 00:56:26,160
Okay? If it's meandering around, okay, it's man around long
911
00:56:26,160 --> 00:56:30,780
period of time, okay? That's not a lot of institutional
912
00:56:30,780 --> 00:56:33,600
buying that you're gonna be able to measure. Okay? You won't
913
00:56:33,600 --> 00:56:35,970
be able to see that as a footprint in a chart, if you will
914
00:56:35,970 --> 00:56:39,810
of smart money. This is an elephant footprint. Okay, but
915
00:56:39,810 --> 00:56:42,150
we're already establishing a long position. So we we
916
00:56:42,150 --> 00:56:46,770
expected this. Okay. price drops back down. Where's it drop
917
00:56:46,770 --> 00:56:51,450
into previous order block? Okay, boom. Not much in terms of
918
00:56:51,600 --> 00:56:55,770
movement below that. trendline. Okay. delineating our order
919
00:56:55,770 --> 00:57:02,460
block and price rallies off again. Okay. So, just in a quick
920
00:57:02,700 --> 00:57:06,720
span of 15 minutes, we've shown several opportunities in a
921
00:57:06,720 --> 00:57:12,390
short period of time. very consistent, very aggressive, very
922
00:57:12,600 --> 00:57:17,490
explosive. price moves on the upside. just focusing on what
923
00:57:17,490 --> 00:57:20,670
side of the market. Remember, we're inside this shaded area,
924
00:57:20,670 --> 00:57:24,060
the shaded areas indicating what we were in a weekly bullish
925
00:57:24,060 --> 00:57:27,630
order flow. Again, we're trusting the fact that the weekly
926
00:57:27,630 --> 00:57:31,500
order flow is going to stay intact. Yes, we're willing to
927
00:57:31,500 --> 00:57:35,190
allow the market to drop down, but we view every decline as
928
00:57:35,190 --> 00:57:38,970
a potential buying opportunity. If it qualifies time and
929
00:57:38,970 --> 00:57:43,770
price theory, if it qualifies goes into a daily four hour or
930
00:57:43,770 --> 00:57:47,880
one hour order block that's bullish. Okay. See how these
931
00:57:47,880 --> 00:57:51,450
things start to dovetail. You'll start understanding it when
932
00:57:51,450 --> 00:57:53,670
you see it over and over again. It's simply this not enough
933
00:57:53,670 --> 00:57:56,070
me showing you two examples. In hindsight, that's when you
934
00:57:56,070 --> 00:57:59,790
start seeing it in real time. It's amazing how fast you're
935
00:57:59,850 --> 00:58:02,550
learning Standing grows exponentially because you're
936
00:58:02,550 --> 00:58:08,250
actually putting these concepts to practice. Okay? We have
937
00:58:08,250 --> 00:58:12,480
another decline in here, okay? And were to dip down into a
938
00:58:12,480 --> 00:58:17,640
previous order block right in here. Let's bar this level.
939
00:58:28,260 --> 00:58:33,240
Okay? We're here the high price comes right down into that
940
00:58:33,240 --> 00:58:36,960
level, boom. Okay? Now again, this is the reason why you
941
00:58:36,960 --> 00:58:40,830
have to always incorporate the spread. You have to do that.
942
00:58:40,950 --> 00:58:44,220
Okay? And I'm resisting the urge that this really won the
943
00:58:44,220 --> 00:58:46,830
grab of Fibonacci just to justify this setup here, but I'm
944
00:58:46,830 --> 00:58:48,930
going to refrain from doing that you can do that in your own
945
00:58:48,930 --> 00:58:52,170
charts. Okay, but looking at the overall price structure,
946
00:58:52,800 --> 00:58:56,850
okay, from low to high. You'll see all of what you need to
947
00:58:56,850 --> 00:59:01,560
see in here in terms of developing the entry point. For this
948
00:59:01,560 --> 00:59:03,960
particular setup, if you were looking to trade it, I'm going
949
00:59:03,960 --> 00:59:06,960
to ask you real quick look to the right. And what price
950
00:59:06,960 --> 00:59:11,460
level is this reaction occurring? That's correct. It's at
951
00:59:11,460 --> 00:59:16,110
the 135. Big figure. Okay, right here, boom. It blasts off.
952
00:59:16,440 --> 00:59:20,700
Now again, this is this is what I want you to really walk
953
00:59:20,700 --> 00:59:25,500
away from this module with Yes, price moves from this high
954
00:59:25,500 --> 00:59:28,770
down to this low. Okay, granted, those that were indicating,
955
00:59:29,070 --> 00:59:31,350
you know, bearishness up here maybe went short up here.
956
00:59:31,890 --> 00:59:35,310
Okay, wrote this down. Sure. Wonderful. I applaud you. Okay.
957
00:59:35,550 --> 00:59:39,330
It was slow meandering eventually got down to it. Okay. But
958
00:59:39,330 --> 00:59:42,300
eventually what happened? Boom, two professionals stepped in
959
00:59:42,300 --> 00:59:45,930
and did what bought the bargain pricing. Okay, just like
960
00:59:45,930 --> 00:59:49,110
they did down here. price dropped down into a bargain. Boom,
961
00:59:49,170 --> 00:59:54,330
took off. price dropped down, lower boom took off. Okay.
962
00:59:54,720 --> 00:59:58,710
These declines, are not retail sellers pushing the market
963
00:59:58,710 --> 01:00:02,670
lower. Okay, here's an here's a little nugget for you to
964
01:00:02,670 --> 01:00:05,400
keep in your notes when you're in a bullish condition,
965
01:00:05,700 --> 01:00:09,150
okay, expecting higher prices, when you see prices dropping
966
01:00:09,150 --> 01:00:14,190
lower. Okay? That's not indicative of smart money selling.
967
01:00:15,300 --> 01:00:19,560
In fact, it's a contrary, it's the lack of smart money
968
01:00:19,590 --> 01:00:23,910
buying, okay, retail market traders do not move the
969
01:00:23,910 --> 01:00:28,140
marketplace. Okay, we're just fleas on the big dogs. This
970
01:00:28,140 --> 01:00:32,550
price action is in parently directly related to the absence
971
01:00:32,580 --> 01:00:36,600
of large institutional buying much in the same capacity. See
972
01:00:36,600 --> 01:00:42,960
here, here in here. Okay, so when you see declining markets
973
01:00:42,990 --> 01:00:46,650
when it's overall bullish, as we've outlined here, again,
974
01:00:46,770 --> 01:00:51,210
these should be like red neon signs flashing Hello, hello,
975
01:00:51,270 --> 01:00:54,360
are you paying attention, okay, because this is about to go
976
01:00:54,360 --> 01:00:57,270
up and you need to be looking for the institutional order
977
01:00:57,270 --> 01:01:01,290
block, that this next price swing should be anchored to.
978
01:01:01,620 --> 01:01:03,270
Okay. And we're going to talk more about that when we get
979
01:01:03,270 --> 01:01:07,440
into the second module in this series but for now, let's
980
01:01:07,440 --> 01:01:15,990
continue moving forward. Okay, we have a bullish order block
981
01:01:15,990 --> 01:01:18,060
in here price didn't spend much time here and takes off
982
01:01:18,060 --> 01:01:21,690
rallies, okay, when drops back down into what the previous
983
01:01:21,690 --> 01:01:24,600
order block, we have a nice little pop in the marketplace
984
01:01:24,600 --> 01:01:28,740
right in here. Okay and eventually we again we move back
985
01:01:28,740 --> 01:01:33,480
into a decline in the marketplace again, there's no more new
986
01:01:33,480 --> 01:01:35,370
buying up in here. So what's going to happen the markets
987
01:01:35,370 --> 01:01:39,900
going to reprice and go lower, okay? Now, a neophyte will
988
01:01:39,900 --> 01:01:42,060
see this and say, Man, look at this thing, this is going
989
01:01:42,060 --> 01:01:45,060
straight to hell. I'm gonna go in here and so to maximum
990
01:01:45,300 --> 01:01:48,120
money that my account will permit me to do okay and because
991
01:01:48,120 --> 01:01:50,760
they saw this big bearish candle, okay, and they want to
992
01:01:50,760 --> 01:01:53,280
chase it because they're thinking this is some kind of a
993
01:01:53,280 --> 01:01:56,670
high Okay, or they watch my video and or read street smarts
994
01:01:56,670 --> 01:01:58,650
and said this is that three Indian pattern and last time we
995
01:01:58,650 --> 01:02:01,380
did that move 1000 points. So I'm going to go short and bet
996
01:02:01,380 --> 01:02:06,480
the farm okay? You as a professional should not be thinking
997
01:02:06,480 --> 01:02:10,440
that okay, what are you going to be doing? You're going to
998
01:02:10,440 --> 01:02:16,830
expect the market to move again higher moving from a bearish
999
01:02:16,830 --> 01:02:22,530
tone to bullish tone. Okay, we moved into a bullish order
1000
01:02:22,530 --> 01:02:23,310
block right here
1001
01:02:30,510 --> 01:02:36,090
did not dip into it, okay. We did try eventually trade down
1002
01:02:36,090 --> 01:02:41,580
into it here right in here, but this there's nothing really
1003
01:02:41,610 --> 01:02:45,720
to base this on we had a consolidation okay which means
1004
01:02:45,720 --> 01:02:49,050
below here would be stops, okay and we talked about this and
1005
01:02:49,050 --> 01:02:53,190
this might be the sniper series where if we have a
1006
01:02:53,190 --> 01:02:57,270
consolidation like this, okay, the dealers are working both
1007
01:02:57,270 --> 01:03:00,630
sides of the range and we're looking for it. There's going
1008
01:03:00,630 --> 01:03:02,940
to be eventually there's going to be an imbalance of buys
1009
01:03:02,940 --> 01:03:09,480
and sells, okay and wherever the most liquidity is, is to be
1010
01:03:09,480 --> 01:03:12,330
harvested from In other words, the path of least resistance
1011
01:03:12,330 --> 01:03:16,530
this is this is called that. We've seen the market rallying
1012
01:03:16,530 --> 01:03:20,100
rallying rallying stops would be below this low here. Okay?
1013
01:03:20,370 --> 01:03:22,800
So yes, there's a small pocket software here, but really,
1014
01:03:22,800 --> 01:03:26,610
it's this point right here. Okay, so eventually, the market
1015
01:03:26,610 --> 01:03:30,480
will dip down below as we see here. And we drop back a
1016
01:03:30,480 --> 01:03:35,220
little bit you can see is it that low since referring to
1017
01:03:35,280 --> 01:03:38,190
these two points of reference that we talked about in that
1018
01:03:38,190 --> 01:03:40,710
previous order block? Yes, we eventually traded down into
1019
01:03:40,710 --> 01:03:43,530
it, but this is too much of a break in market structure.
1020
01:03:44,010 --> 01:03:49,740
Okay, to facilitate not at least waiting for this market to
1021
01:03:49,740 --> 01:03:52,050
come down at least run these stops or maybe even a lower
1022
01:03:52,050 --> 01:03:55,260
level stop area. Okay, and price comes down and the debt
1023
01:03:55,260 --> 01:04:00,000
level rallies one more time. And again, we move back into an
1024
01:04:00,000 --> 01:04:04,650
We start hunting bullish order blocks. Here's one in here
1025
01:04:05,280 --> 01:04:08,190
are price rallies up sharply comes back down into the
1026
01:04:08,190 --> 01:04:11,850
previous bearish candle rallies one more time. We have
1027
01:04:11,850 --> 01:04:16,140
another one in here we have the price rallying up to the
1028
01:04:16,140 --> 01:04:19,200
bearish candle prior to it where the smart money would be
1029
01:04:19,200 --> 01:04:27,030
indicative of the bull camp. We could be placing that right
1030
01:04:27,030 --> 01:04:31,080
there it'd be nice if I left it there and it dropped its
1031
01:04:31,800 --> 01:04:33,840
price comes down into that we're back again and what does it
1032
01:04:33,840 --> 01:04:36,990
do it rallies off sharply. Okay, we have another one in
1033
01:04:36,990 --> 01:04:40,860
here. bearish candle price rallies up drops back down into
1034
01:04:40,860 --> 01:04:44,700
this previous order block rallies one more time. Okay. And
1035
01:04:44,700 --> 01:04:47,520
again, these are like 50 PIP moves guys. I mean, these
1036
01:04:47,520 --> 01:04:51,180
aren't little 10 PIP five Pip. New one hit wonders. These
1037
01:04:51,180 --> 01:04:54,210
are. These are something you can build careers off of on a
1038
01:04:54,480 --> 01:04:57,990
one shot one kill basis. If you catch this one of these a
1039
01:04:57,990 --> 01:05:01,230
week with the right amount of equity Management, you can
1040
01:05:01,230 --> 01:05:03,960
build a career on this, okay? And it's important that you
1041
01:05:03,960 --> 01:05:07,560
understand it because a lot of guys trades is simply fixed,
1042
01:05:07,920 --> 01:05:12,600
a fixed percentage of account trading. In other words, they
1043
01:05:12,630 --> 01:05:14,790
they only have a certain number of lots always on, they
1044
01:05:14,790 --> 01:05:16,980
don't do anything more than that. Okay? And there's no
1045
01:05:16,980 --> 01:05:20,550
reason why you should fear compounding your returns. If you
1046
01:05:20,550 --> 01:05:22,770
understand what it is you're doing, it just takes a short
1047
01:05:22,770 --> 01:05:26,520
period of time 18 to 24 months you can't even imagine what
1048
01:05:26,520 --> 01:05:30,600
that does numerically to an equity curve. If you're properly
1049
01:05:31,260 --> 01:05:35,280
positioned each time and keeping your wrist small, aiming
1050
01:05:35,280 --> 01:05:38,910
for three to one setups. It's absolutely astonishing what
1051
01:05:38,910 --> 01:05:45,960
you can do. Market breaks down Okay, and we don't really
1052
01:05:45,960 --> 01:05:48,390
have anything here without going to a higher timeframe.
1053
01:05:48,540 --> 01:05:50,550
Okay, but I'm gonna stick within this one hour timeframe.
1054
01:05:50,670 --> 01:05:58,110
Okay, we saw price rally up sharply. We have a bullish order
1055
01:05:58,110 --> 01:06:00,660
block in here price rallies away. dips back down into it
1056
01:06:00,660 --> 01:06:04,080
again. And we're able to capture this move. Okay, using the
1057
01:06:04,080 --> 01:06:07,830
tools. Again, I'm leaving out this because I could make the
1058
01:06:07,830 --> 01:06:11,310
case because I actually did this trade in, in a Live
1059
01:06:11,310 --> 01:06:14,190
account. But there's other indications back in here that you
1060
01:06:14,190 --> 01:06:17,130
could use on a higher four hour and daily chart to
1061
01:06:17,130 --> 01:06:20,070
understand what we did here. But that's not the point of
1062
01:06:20,070 --> 01:06:25,560
this installment here. But you have another rally in price.
1063
01:06:26,340 --> 01:06:29,790
Again, focusing on what the bullish side of the marketplace
1064
01:06:29,820 --> 01:06:33,420
because we're in a weekly bullish order flow, so 127 pips
1065
01:06:33,480 --> 01:06:38,700
right there. We have another bullish order block.
1066
01:06:45,810 --> 01:06:48,060
Okay, great in here, didn't quite get into it.
1067
01:06:50,580 --> 01:06:53,070
And we start to consolidate. Now this this is something
1068
01:06:53,880 --> 01:06:56,430
where if you see this at a price rally like this, and it's
1069
01:06:56,430 --> 01:06:59,340
consolidating like this, okay, the first thing you want to
1070
01:06:59,340 --> 01:07:00,000
be questioning is
1071
01:07:00,030 --> 01:07:02,640
Okay, where's the stops because that's the that's the next
1072
01:07:02,640 --> 01:07:04,020
thing they're going to be doing you're gonna be looking for
1073
01:07:04,020 --> 01:07:08,490
where the run out to participants or suck them into a long
1074
01:07:08,520 --> 01:07:12,300
period of correction. So there's stops above the market and
1075
01:07:12,300 --> 01:07:15,960
there's this low right here. So everyone that's long we're
1076
01:07:15,960 --> 01:07:19,200
going to be looking at this low and this low to be anchoring
1077
01:07:19,200 --> 01:07:20,220
their protective stops
1078
01:07:23,490 --> 01:07:29,550
there ran their ran, okay, but we have this range from this
1079
01:07:29,580 --> 01:07:35,280
low to this high with this bearish candle as a bullish order
1080
01:07:35,280 --> 01:07:35,730
block.
1081
01:07:39,510 --> 01:07:43,500
On this drop that their price comes down right into it
1082
01:07:45,420 --> 01:07:46,500
works around that level.
1083
01:07:47,610 --> 01:07:51,270
Okay, and eventually goes into non consolidation. We learned
1084
01:07:51,270 --> 01:07:53,820
in the sniper series that we look for a raid.
1085
01:07:55,980 --> 01:07:58,740
Ran stops and then move lower. Okay, so
1086
01:08:00,599 --> 01:08:02,789
There's really nothing in here to indicate any kind of
1087
01:08:02,789 --> 01:08:05,459
bullishness even though that we dropped down into the level
1088
01:08:05,459 --> 01:08:10,229
we didn't see the the rally outside of this here because
1089
01:08:10,559 --> 01:08:13,259
again I could say well look you know we have it okay because
1090
01:08:13,259 --> 01:08:15,839
this is a bearish candle prior that move higher and we dip
1091
01:08:15,839 --> 01:08:19,439
back down into it. But again I disqualify this because if
1092
01:08:19,439 --> 01:08:22,229
it's a long wick like that, I don't like that. Okay. I want
1093
01:08:22,229 --> 01:08:25,109
to see a big bowl body candle okay it can have a little bit
1094
01:08:25,109 --> 01:08:27,659
of a wick but I must say majority of the candle be a body
1095
01:08:27,659 --> 01:08:30,899
something like this here that would be indicative of an ICT
1096
01:08:30,899 --> 01:08:31,409
bowl
1097
01:08:32,730 --> 01:08:35,730
or block but because we had this big long wick even though
1098
01:08:35,730 --> 01:08:38,130
it did dip down and this could be argued it would have been
1099
01:08:38,130 --> 01:08:42,300
profitable. This is not a trade that I would see using the
1100
01:08:42,300 --> 01:08:45,060
tools and outline as we have been discussing.
1101
01:08:47,280 --> 01:08:51,900
Okay, we have price come down, rally off, dip back down into
1102
01:08:51,930 --> 01:08:56,940
a nice order block in here. Okay rallies up and we have an
1103
01:08:56,940 --> 01:08:57,900
older block here.
1104
01:09:00,000 --> 01:09:03,540
We did get that one. Okay, rallies off again.
1105
01:09:07,049 --> 01:09:09,179
And actually there's several of them in here if you just go
1106
01:09:09,179 --> 01:09:12,749
through and look at it there's many of these scenarios where
1107
01:09:12,989 --> 01:09:13,889
you can catch
1108
01:09:15,660 --> 01:09:20,760
what is that? I am averaging 25 and 40 pips each each
1109
01:09:20,760 --> 01:09:23,910
successive retracement back into a previous order block.
1110
01:09:24,270 --> 01:09:24,660
Okay.
1111
01:09:29,400 --> 01:09:32,130
And it's moving forward. Let's speed this up a little
1112
01:09:32,130 --> 01:09:34,050
because we're spending a lot more time than I wanted on this
1113
01:09:34,050 --> 01:09:37,260
module. We have a bullish order block in here price comes
1114
01:09:37,290 --> 01:09:40,500
down to it rallies again. Realize again
1115
01:09:45,120 --> 01:09:49,410
Okay, we have a bullish order block here. Prior to the rally
1116
01:09:49,410 --> 01:09:53,550
up it does back down into this order block rallies up. Okay,
1117
01:09:53,580 --> 01:09:58,110
there's another 50 pips or more rally in here.
1118
01:10:03,270 --> 01:10:03,720
Okay,
1119
01:10:09,750 --> 01:10:12,930
and that's too much for work there. This one's nice here,
1120
01:10:13,440 --> 01:10:16,050
price rallies away comes back down into previous order block
1121
01:10:16,260 --> 01:10:18,870
rallies up, just this move along.
1122
01:10:23,580 --> 01:10:27,900
That's 32 pips right here. Again, you know, in the right
1123
01:10:27,900 --> 01:10:30,960
hands, it's simply you know, amazing what you could do with
1124
01:10:30,960 --> 01:10:33,570
that type of move over and over and over again consistently.
1125
01:10:34,110 --> 01:10:38,250
We have a nice bullish order block right here. And yes,
1126
01:10:38,250 --> 01:10:40,470
there has a there's a wick here and a little bit Wick here
1127
01:10:40,470 --> 01:10:43,560
but majority, there's a lot of body in here which is what I
1128
01:10:43,560 --> 01:10:46,560
like I would use that as a bullish order block right in
1129
01:10:46,560 --> 01:10:49,800
here. And this one, even though we do have a sharp,
1130
01:10:51,000 --> 01:10:55,920
reversal, and slam lower, we had 60 plus pips that made
1131
01:10:55,920 --> 01:10:59,730
available, okay running out of previous high as a as an area
1132
01:10:59,730 --> 01:10:59,970
to
1133
01:11:00,750 --> 01:11:01,620
Take a trade with
1134
01:11:05,100 --> 01:11:05,700
and
1135
01:11:07,049 --> 01:11:09,269
I'll just scroll through a little bit faster here
1136
01:11:13,920 --> 01:11:16,440
so a lot of real quick
1137
01:11:17,640 --> 01:11:18,780
snaps higher
1138
01:11:19,800 --> 01:11:22,740
we have a bullish order block here price rallies dropped
1139
01:11:22,740 --> 01:11:26,100
back into it, you could be a buyer in here and up to here so
1140
01:11:26,100 --> 01:11:26,910
that's about
1141
01:11:28,110 --> 01:11:32,580
30 pips or more in here as well. Okay. And
1142
01:11:34,920 --> 01:11:39,090
I know a lot of you if you're anything like I was when I
1143
01:11:39,090 --> 01:11:42,510
first started, okay, it would piss me off that if I went
1144
01:11:42,510 --> 01:11:46,260
long in here, okay and made money. It maybe I did get out of
1145
01:11:46,260 --> 01:11:48,630
that profit by accident. But then it does this type of move
1146
01:11:48,630 --> 01:11:51,630
here. It would piss me off that I didn't participate in this
1147
01:11:51,630 --> 01:11:55,650
move. It would putis it pissed me off. I didn't participate
1148
01:11:55,650 --> 01:11:58,800
in this move here. If I was being long around that same
1149
01:11:58,800 --> 01:11:59,340
timeframe.
1150
01:12:01,350 --> 01:12:05,040
In my counsel to you is to let it go, man, you're not going
1151
01:12:05,040 --> 01:12:09,270
to catch every move. Okay? Nobody does. nobody's doing it.
1152
01:12:09,480 --> 01:12:11,850
Okay, there's no superstar trader out there that's catching
1153
01:12:12,210 --> 01:12:15,750
low, high, low high makeup. Come on. It's unrealistic.
1154
01:12:15,750 --> 01:12:19,020
nobody's doing that, okay, nobody's doing it, you might get
1155
01:12:19,020 --> 01:12:20,880
a hot look in the market where you're catching this and
1156
01:12:20,880 --> 01:12:24,060
that, but you're not gonna level of every swing high and
1157
01:12:24,060 --> 01:12:26,250
every swing low, you're not getting that, okay? And you
1158
01:12:26,250 --> 01:12:28,500
don't need that. You just need a small segment of the
1159
01:12:28,500 --> 01:12:31,050
marketplace over and over and over again, you constantly go
1160
01:12:31,050 --> 01:12:35,370
back to and harvest and that's all you need. Okay. Here's a
1161
01:12:35,370 --> 01:12:39,690
nice little classic scenario here. Price comes down, rallies
1162
01:12:39,690 --> 01:12:42,000
off sharply doesn't spend much time down here. Here's your
1163
01:12:42,000 --> 01:12:44,790
bullish order block comes down into it very handsomely,
1164
01:12:45,210 --> 01:12:47,700
being a buyer here. Okay. And
1165
01:12:49,080 --> 01:12:52,230
moving forward. I think that's pretty explanatory right
1166
01:12:52,230 --> 01:12:52,530
there.
1167
01:12:53,850 --> 01:12:57,570
We have a nice bullish order block here. Price rallies off,
1168
01:12:57,930 --> 01:12:59,880
comes back down into the order block right here.
1169
01:13:00,000 --> 01:13:04,410
One more time here. Okay. And I think this is pretty
1170
01:13:06,870 --> 01:13:09,810
agreeable in terms of aggressive move higher.
1171
01:13:11,160 --> 01:13:13,680
Okay, and again, this, that's what I'm trying to indicate
1172
01:13:13,680 --> 01:13:16,620
Yes, we have these little drops down and little drops down
1173
01:13:16,620 --> 01:13:19,530
here. Okay? If you're, if you're short, that's wonderful.
1174
01:13:19,740 --> 01:13:22,350
Okay, but this is what I'm looking for, this is what I'm
1175
01:13:22,350 --> 01:13:26,010
hunting. That's what I'm trying to get you to look at. If I
1176
01:13:26,010 --> 01:13:28,320
could take my perspective in the marketplace and take it out
1177
01:13:28,320 --> 01:13:30,480
and clone it, and put it in a way where you guys can
1178
01:13:30,480 --> 01:13:32,880
download it, I would love to be able to do that because it
1179
01:13:32,880 --> 01:13:35,400
would, first of all, make my job easier, some has to hurt
1180
01:13:35,400 --> 01:13:39,030
but it would make your job a lot easier also, because you
1181
01:13:39,030 --> 01:13:40,680
would know specifically what it is that you're trying to
1182
01:13:40,680 --> 01:13:44,790
filter out and what you're specifically focusing on. Okay.
1183
01:13:47,190 --> 01:13:50,820
And again, you will scrub through, you can see
1184
01:13:52,020 --> 01:13:55,590
going through, there's many opportunities where the
1185
01:13:55,590 --> 01:13:58,500
marketplace gives you several by half tastes like there's
1186
01:13:58,500 --> 01:13:59,340
one in here.
1187
01:14:00,210 --> 01:14:02,640
This larger order block here we dipped into came only back
1188
01:14:02,640 --> 01:14:07,710
down into it again. We have this order block as well, where
1189
01:14:07,710 --> 01:14:10,140
we drop down into Look how aggressively it moves lower.
1190
01:14:10,380 --> 01:14:13,770
Okay? When you see this, I guarantee you if you're watching
1191
01:14:13,770 --> 01:14:16,530
this on a five minute chart, this is scaring the hell out of
1192
01:14:16,530 --> 01:14:19,680
you. If you're long, you're getting out, you're not gonna
1193
01:14:19,680 --> 01:14:21,990
stay in that you're gonna be looking for thinking couldn't
1194
01:14:22,020 --> 01:14:25,350
continue to go lower. But what is it doing? It's rapidly
1195
01:14:25,350 --> 01:14:29,010
getting down to an area of where liquidity rests.
1196
01:14:30,090 --> 01:14:34,680
There's a large pocket in this area. Okay, because they did
1197
01:14:34,680 --> 01:14:39,120
their buying here. It rallied off, came back down. Okay, I'm
1198
01:14:39,120 --> 01:14:43,080
dealing at a bank. I need to move currency. Right now.
1199
01:14:43,200 --> 01:14:46,650
There's simply not enough buyers in this area. But there's a
1200
01:14:46,650 --> 01:14:51,000
large pool of willing buyers down here. Are they looking at
1201
01:14:51,030 --> 01:14:55,320
a Honda are they looking at FX cm buyers? No, they're not
1202
01:14:55,380 --> 01:14:58,200
okay. They're looking at on the bank institutional level.
1203
01:14:58,230 --> 01:14:59,970
Okay, who's willing to be buying down
1204
01:15:00,450 --> 01:15:03,390
Okay, so they're going to take price and reprice down to
1205
01:15:03,390 --> 01:15:06,450
these levels, knowing that this is where the liquidity is.
1206
01:15:06,660 --> 01:15:09,990
And because of their interest is so vast and large, when it
1207
01:15:09,990 --> 01:15:12,180
gets down here doesn't spend much time it takes off on
1208
01:15:12,180 --> 01:15:15,510
rallies, okay, because their blocks are a lot larger than we
1209
01:15:15,510 --> 01:15:17,910
could ever imagine on a retail level.
1210
01:15:20,070 --> 01:15:23,730
Price continues to move higher. And again, we have multiple
1211
01:15:23,730 --> 01:15:26,970
opportunities where order blocks are being respected. Okay,
1212
01:15:27,000 --> 01:15:27,480
and
1213
01:15:30,120 --> 01:15:34,350
it's just, it's an exercise that you need to do on your own.
1214
01:15:34,500 --> 01:15:36,960
Going through the charts as we just did here. Again,
1215
01:15:36,960 --> 01:15:40,380
maintaining the level of observation that we're in this
1216
01:15:40,380 --> 01:15:43,350
shaded area still so no worries, we're focusing only on the
1217
01:15:43,350 --> 01:15:47,190
buy side. Okay. We're only looking for opportunities where
1218
01:15:47,850 --> 01:15:51,510
bullish market orders I'm sorry, we're blocked rather, are
1219
01:15:52,350 --> 01:15:56,010
clearly seen them being respected and in rallying off
1220
01:15:56,250 --> 01:15:59,970
bullish order blocks being respected and rallying off
1221
01:16:00,840 --> 01:16:04,950
Okay, you can watch any video course out there, you can
1222
01:16:04,950 --> 01:16:07,530
watch any mentor out there talking about what makes the
1223
01:16:07,530 --> 01:16:10,650
market move around. What does this and what does that okay,
1224
01:16:10,650 --> 01:16:12,810
but I'm gonna tell you right now if they don't have this
1225
01:16:12,810 --> 01:16:15,060
understanding behind them what it is that they're doing.
1226
01:16:15,750 --> 01:16:20,550
They're just blind luck, okay? Because without institutional
1227
01:16:20,550 --> 01:16:23,820
sponsors that behind price moves we have nothing. retail
1228
01:16:23,820 --> 01:16:27,330
market traders do not move the marketplace. You have to be
1229
01:16:27,330 --> 01:16:31,740
positioned on the heels and coattails of those participants
1230
01:16:31,740 --> 01:16:36,180
to have the number one to the cash flow to be able to move
1231
01:16:36,180 --> 01:16:39,300
the marketplace and also the had the brains behind the whole
1232
01:16:39,300 --> 01:16:43,020
move. Okay. So it's been insightful to you guys and I wish
1233
01:16:43,020 --> 01:16:44,430
you good luck and good trading.