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Version 1.1 by Drunk Monkey on 2020-11-20 16:40
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3 ICT: Okay, folks, we are in Volume One, the ICT precision
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7 trading concepts video series. This is part one of three.
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11 We're gonna be doing very short modules on specific, concise
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15 concepts on how to implement price action in your trading,
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19 and how it could be an assistance to you gaining much more
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23 consistency and the results that you're most likely striving
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27 for in your trading.
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31 So what are we gonna be looking at in this volume? Well,
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35 we're gonna be looking at weekly order blocks and order
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39 flow. Now a lot of folks have been pretty excited about the
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43 release of the ICT order blocks on a daily and intraday
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47 basis, but you'll be surprised to find that this is actually
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51 occurring on all timeframes.
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55 But the order blocks that's found on the weekly charts are
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59 many times overlooked by the neophyte trader and those that
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63 are quote unquote, technical analysts. And as it relates to
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67 trading,
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71 we're gonna be looking at how utilizing the weekly order
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75 blocks and the order flow on a weekly basis, can really
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79 direct your attention to low risk, high probability setups,
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83 and they're derived from the higher timeframe perspectives.
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87 Now, that's very important because, again, if you look at
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91 the results of the retail trader as a collective whole, it's
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95 not surprising to see that the large magnitude of drawdown
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99 and or all together bust that is a company with the new
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103 startups that enter our business of trading. Now, let's face
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107 it a spectral SPECT kilolitres you know, we have
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111 let's face it as specular
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115 So we run into a lot of adversity. And if you don't have a
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119 very concise plan of action going in from the beginning, the
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123 emotional aspect of losing money and or even gaining money
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127 because if you're a new trader, if you've ever felt that
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131 exhilarating feeling of seeing profits, you start moving
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135 into your account. That's just many times this is numbing as
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139 you're taking a loss. You don't know what to do should you
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143 hold for higher prices or lower prices if you're short, or
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147 should just get out and panic and be glad you've made
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151 something.
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155 There's a lot of, you know, uncertainty when it comes to
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159 trading. So when you have a clear, concise plan of what it
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163 is specifically you're looking for, and why you're looking
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167 for it, it removes a lot of the uncertainty that plagues the
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171 neophyte and or new trader. If you've been trading for a
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175 long period of time, I think if you start adopting this
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179 mindset and looking at your charts with this
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183 concept in mind, I'm pretty much guarantee you're going to
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187 see a whole new level of trading that you're probably not
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191 accustomed to.
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195 Now, it's important that we reiterate and you've seen me
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199 mention this many, many times in my ether weekly updates,
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203 video form, or in my commentary posted on numerous forums
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207 that you've seen me participate in, but the large
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211 institutions and or banks are basing the majority of their
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215 trades from these charts, okay. And these charts again
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219 referring to the weekly and or quote unquote, higher
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223 timeframe analysis.
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227 Again, assume for a moment that a large bank is looking to
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231 move a large block of specific currency. Are they going to
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235 be looking at one and five minute chart to do so? Absolutely
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239 not. They need the liquidity that the larger order blocks
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243 will present them when these higher timeframe charts because
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247 their orders are so vast and so large. It's an
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251 important that they have the liquidity to help facilitate
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255 their trades. Many times, their orders have been broken up
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259 into modular blocks. Now just like us, we're looking for
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263 hopefully, like us as a professional minded trader, we're
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267 looking for opportunities to buy at wholesale prices, okay
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271 and sell to retail prices. We want to be able to get in like
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275 the Smart Money does.
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279 We want to be buying when the street money is selling, and
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283 we want to be selling when the street money's buying. It's
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287 just that simple. The way we do that is not to pretend to be
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291 smarter than we really are. Not to have a false hope and
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295 trust in math oriented indicators is useful as they may seem
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299 in hindsight, we have to look for the telltale signs and
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303 fingerprints that's left in the charts, that the smart money
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307 has, in fact, participated in a specific move.
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311 We've shown how that's identified in the inner circle trader
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315 scout sniper Field Guide series. And I'm going to touch
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319 briefly on some of those central tenants in that series. But
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323 it's important. If you haven't really gone through that
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327 video series, I invite you to really don't watch this video
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331 series because there's really not going to be any benefit to
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335 you without having the understanding that that previous
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339 series gives you. And
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343 by having that mindset coupled with what we're learning
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347 here, your trading is actually we're going to go to a whole
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351 new level and I promise you, there's very few promises that
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355 I make in my materials. But I promise you if you start
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359 implementing these three components to your trading and your
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363 analysis, you will see absolutely stunning results Okay, I'm
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367 not promising profits. Notice I didn't say that. You're
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371 going to see stunning results okay in in your understanding
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375 of the market. On the understand on when price
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379 should be moving. Okay? So
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383 don't take me out of context, okay? Because it's important
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387 that I don't, I don't promise you wealth I don't promise you
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391 profits, you're gonna still lose money trading this way
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395 okay? So don't don't let me also share code so much that you
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399 think that now said you're gonna walk out and money's gonna
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403 shoot from your hind sight I mean your, your your backside,
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407 and you know everything's going to be
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411 roses and you get off and worry about it, you're certainly
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415 going to have your your fair share of losses still, because
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419 there is going to be a certain measure of Human Error Error
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423 that's going to plague your trading regardless. Okay, no
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427 matter how concise we have our trading plan, it's still
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431 going to be driven by us as the trader and we're only going
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435 to be as good as the trader behind the trade selection.
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439 Now, trends and order flow. These are not weekly charts,
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443 okay. They tend to remain for a long period of time.
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447 With that, it also requires much more in terms of change to
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451 make them go the other direction. Okay, so what am i mean by
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455 that? Basically, if you see the market moving on a weekly
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459 chart higher, it's going to take a very significant impact
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463 of some sort on a fundamental level to cause this underlying
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467 trend. Okay, to change course. Now that's advantageous to us
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471 because even if we're a day trader or a scalper, okay, short
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475 term trader or swing trader or even a position trader,
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479 these, these benefit us in terms of trusting our directional
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483 bias, okay, there's no greater directional bias that trust
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487 your trades on than the weekly chart. Now, the problem with
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491 that is we've been lulled into believing that the weekly
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495 charts are really of no use to us unless we're a long term
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499 position trader. And that my friends is absolutely not true.
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503 If you go to majority of the textbooks, you'll see that
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507 very, very few even comment on the importance or even the
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511 utilization of a weekly chart. Now the weekly chart I grant,
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515 it will take a long period of time for specific trades to
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519 set up on that timeframe. But there's also a specific
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523 understanding once you adopt that, you can really walk away
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527 from the weekly chart after looking at for just less than
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531 two minutes, you knew right away, what specifically the
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535 smart money's actually doing right, then and now. Now, I
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539 don't know what that means to you. But as a trader, when I
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543 was developing, that's exactly what I was looking for. I
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547 needed to know what the guys that knew what was gonna happen
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551 ahead of time. Okay. The ones that were successful, let's
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555 rephrase that. The ones that were consistently profitable,
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559 able to harvest real money out of the marketplace. Okay,
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563 those participants, what were they doing and how are they
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567 They arriving at that foresight before putting on their
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571 trades. If I could learn that if I could implement that in
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575 my own trading, then I could trust the effects of
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579 consistency going forward in my trading, and not just
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583 attributed to just, you know, blind luck, okay, which I
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587 think, honestly, the majority of new traders that get into
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591 this business and make money right away with no real
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595 understanding it, it really tricks you into thinking you're
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599 smarter than you really are. And that really actually
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603 happened to me as a trader in the mid 90s. I got involved in
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607 trading and actually caught a really good look in the market
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611 where everything was going up in the commodity market. So
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615 because I was a buyer, you know, naturally it just goes
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619 because without saying if the market was gonna go higher,
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623 and I'm buying I'm a buyer because I didn't understand
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627 shorting at the time as a neophyte trader everything I was
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631 getting into made money so suddenly I'm you know, I'm a
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635 smart guy from metal river, you know, Maryland and you know,
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639 I don't know anything really having
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643 No idea what I was doing. But I was making money. So
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647 therefore, you think you're smarter than you really are. And
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651 then suddenly, in the movies, you fizzled out now I moved
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655 into a, you know, traders market. I couldn't do anything to
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659 make money then and then I had to go back to my learning.
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663 Okay, I had to go to school, if you will.
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667 Well, this is one of the concepts that you're going to
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671 learn, that helped me gain a greater understanding on how
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675 these markets move on general, and how you can really learn
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679 to anticipate sizable sustainable moves in a directional
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683 premise.
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687 If I could take one specific question that's emailed to me
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691 more than any other is how do I get the direction right?
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695 More times than not? And I'm going to promise you that these
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699 three components that I'm giving you in this series are
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703 really the backbone to that, okay, how do I know where the
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707 direction the markets gonna go and why?
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711 You know, why do I think that? And why do I believe that
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715 wholeheartedly to put my name out there, you know,
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719 associated with an analysis on a weekly basis? Well, it's
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723 because I trust that I am limited in my capacity of knowing
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727 the fundamentals behind these moves. I don't have trained
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731 accredited staff working you umpteen hours a day trying to
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735 find out what it is driving the marketplace. Frankly, I
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739 don't really care. Okay, because I'm, I'm of the opinion and
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743 completely comfortable admitting that a lot of the
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747 fundamentals go completely over my head, okay. I'm not a
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751 mental genius, okay, I'm not trying to state that I'm
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755 smarter than 90% of the people out there in the marketplace.
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757 190
758 00:12:37,770 ~-~-> 00:12:41,490
759 I just know what it is that makes me tick as a trader. And I
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761 191
762 00:12:41,490 ~-~-> 00:12:44,880
763 combine that with central tenants in the marketplace that
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766 00:12:44,880 ~-~-> 00:12:48,030
767 are inherently generic that repeat over and over and over
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769 193
770 00:12:48,030 ~-~-> 00:12:51,510
771 again. And the brilliant thing is, and the only real reason
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773 194
774 00:12:51,510 ~-~-> 00:12:54,000
775 why you're learning it from me because if I believed in my
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778 00:12:54,000 ~-~-> 00:12:57,930
779 heart, if I shared it with everybody, it would stop working.
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781 196
782 00:12:57,990 ~-~-> 00:13:00,000
783 You wouldn't have never learned this. You will
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785 197
786 00:13:00,000 ~-~-> 00:13:03,450
787 have never learned any of the things that I do. Because it's
788
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790 00:13:03,450 ~-~-> 00:13:08,490
791 my business to be profitable. I don't have a job, I don't go
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794 00:13:08,490 ~-~-> 00:13:11,370
795 to a place of business and punch a time card. I don't
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797 200
798 00:13:11,370 ~-~-> 00:13:15,390
799 collect a salary check from someplace. Okay, my income is
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801 201
802 00:13:15,390 ~-~-> 00:13:20,220
803 derived by the choices I make based on a price chart. So
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805 202
806 00:13:20,790 ~-~-> 00:13:24,690
807 having that as a precursor to whether you make money or not
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809 203
810 00:13:24,690 ~-~-> 00:13:29,160
811 make money, okay? It's it's advantageous for you to really
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814 00:13:29,160 ~-~-> 00:13:32,730
815 have a clear, concise approach to what it is you're doing in
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817 205
818 00:13:32,730 ~-~-> 00:13:35,850
819 the marketplace. So remember that make that note in your in
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821 206
822 00:13:35,850 ~-~-> 00:13:39,000
823 your little book of notes that you may be taking with this
824
825 207
826 00:13:39,000 ~-~-> 00:13:41,370
827 video series if you're contemplating quitting your job
828
829 208
830 00:13:41,370 ~-~-> 00:13:44,460
831 because you put $5,000 in an account, okay, I can tell you
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833 209
834 00:13:44,460 ~-~-> 00:13:47,130
835 this, regardless of how well you may be doing in a demo
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837 210
838 00:13:47,130 ~-~-> 00:13:50,910
839 account with these concepts. There's a huge paradigm shift
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841 211
842 00:13:51,120 ~-~-> 00:13:54,600
843 that takes place when you start realizing debt if you quit
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845 212
846 00:13:54,600 ~-~-> 00:13:57,510
847 your job, if you've walked away from the marketplace in
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850 00:13:57,510 ~-~-> 00:13:59,730
851 terms of earning an income and you are
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853 214
854 00:14:00,030 ~-~-> 00:14:04,950
855 Only expecting every facet of your income to come from the
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858 00:14:04,950 ~-~-> 00:14:08,130
859 choices you make looking at a price chart, I guarantee you,
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861 216
862 00:14:08,760 ~-~-> 00:14:12,330
863 you want to talk about, you know, a mind scramble, that's
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865 217
866 00:14:12,330 ~-~-> 00:14:15,390
867 what's going to happen. Okay? You're going to have such an
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869 218
870 00:14:15,390 ~-~-> 00:14:19,080
871 influx of uncertainty come over you. Because think about it.
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873 219
874 00:14:19,530 ~-~-> 00:14:21,330
875 you've walked away from your paycheck, you've walked away
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877 220
878 00:14:21,330 ~-~-> 00:14:24,090
879 from your job. Okay, so now you're out there, you're
880
881 221
882 00:14:24,090 ~-~-> 00:14:28,230
883 standing in the arena. And I'm sorry, I'm not looking to
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885 222
886 00:14:28,230 ~-~-> 00:14:31,410
887 give you my money. And neither are any of the other
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889 223
890 00:14:31,410 ~-~-> 00:14:34,530
891 professionals in this marketplace. You're gonna have to take
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893 224
894 00:14:34,530 ~-~-> 00:14:37,320
895 it from me. And I'm talking with a fight
896
897 225
898 00:14:38,340 ~-~-> 00:14:42,690
899 in long and short of it is if you have this mindset going
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901 226
902 00:14:42,690 ~-~-> 00:14:47,100
903 in, and you've eased your way out of a job or earned your
904
905 227
906 00:14:47,130 ~-~-> 00:14:50,370
907 your, your ability to make money, then be able to trade full
908
909 228
910 00:14:50,370 ~-~-> 00:14:50,820
911 time.
912
913 229
914 00:14:52,230 ~-~-> 00:14:54,870
915 It's possible I'm not saying it's gonna guarantee you ever
916
917 230
918 00:14:54,870 ~-~-> 00:14:58,260
919 back and do it, but it's more conducive to you to be able to
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921 231
922 00:14:58,770 ~-~-> 00:15:00,000
923 see a long term life
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925 232
926 00:15:00,000 ~-~-> 00:15:01,380
927 Success in doing that.
928
929 233
930 00:15:02,700 ~-~-> 00:15:05,670
931 But I'm kind of deviating here, so I'm trying to bring him
932
933 234
934 00:15:05,670 ~-~-> 00:15:09,660
935 back. The main thing is, by having this perspective and it's
936
937 235
938 00:15:09,660 ~-~-> 00:15:12,390
939 an approach to trading, okay, it's really going to stack the
940
941 236
942 00:15:12,390 ~-~-> 00:15:17,310
943 odds in your favor and lessen not remove entirely lessen the
944
945 237
946 00:15:17,310 ~-~-> 00:15:21,450
947 likelihood of you going bust. Okay, hopefully you've had
948
949 238
950 00:15:21,450 ~-~-> 00:15:24,120
951 money management, training, and you know that you shouldn't
952
953 239
954 00:15:24,120 ~-~-> 00:15:26,670
955 be risking too much on your trades. And that goes with this
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957 240
958 00:15:26,670 ~-~-> 00:15:29,010
959 as well. Just simply because it works really, really good
960
961 241
962 00:15:29,010 ~-~-> 00:15:30,780
963 doesn't mean go out there and bet the farm and say, Okay,
964
965 242
966 00:15:30,780 ~-~-> 00:15:33,210
967 well, this worked the last 80 times it happened. So
968
969 243
970 00:15:33,210 ~-~-> 00:15:35,250
971 therefore, I'm going to put 20% of my account up and
972
973 244
974 00:15:35,490 ~-~-> 00:15:38,400
975 leverage 400 to one and see what happens and hopefully I can
976
977 245
978 00:15:38,400 ~-~-> 00:15:41,070
979 get out my job in six weeks. If you're going to do that.
980
981 246
982 00:15:41,340 ~-~-> 00:15:46,620
983 Okay, I promise you, you will be regretting it. Okay. I
984
985 247
986 00:15:46,620 ~-~-> 00:15:50,520
987 don't want to see a testimony emailed to me about that. I'm
988
989 248
990 00:15:50,520 ~-~-> 00:15:52,470
991 not impressed by that. Okay. As far as I'm concerned, that's
992
993 249
994 00:15:52,470 ~-~-> 00:15:54,840
995 a lottery. And I don't I don't believe in the lottery. If I
996
997 250
998 00:15:54,840 ~-~-> 00:15:56,670
999 believed in the lottery, I'd be putting thousands of dollars
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1001 251
1002 00:15:56,670 ~-~-> 00:15:59,610
1003 in every week trying to win the peg to make a million and
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1005 252
1006 00:16:01,079 ~-~-> 00:16:03,119
1007 You're trying to win the mega million in the big Powerball
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1009 253
1010 00:16:03,119 ~-~-> 00:16:07,109
1011 games. I'm not a gambler, okay, so you shouldn't be either.
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1013 254
1014 00:16:07,529 ~-~-> 00:16:09,809
1015 You want to be consistently taking money out of marketplace
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1017 255
1018 00:16:09,809 ~-~-> 00:16:15,059
1019 and this is one concept that will help you know what it is
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1021 256
1022 00:16:15,059 ~-~-> 00:16:17,159
1023 specifically that you're looking for when you sit down to
1024
1025 257
1026 00:16:17,159 ~-~-> 00:16:22,469
1027 charts. Okay? The main thing is the main thing, you want to
1028
1029 258
1030 00:16:22,469 ~-~-> 00:16:26,279
1031 keep your sights set on what it is that matters most and all
1032
1033 259
1034 00:16:26,279 ~-~-> 00:16:29,579
1035 the lower timeframe static noise, you want to kind of filter
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1037 260
1038 00:16:29,579 ~-~-> 00:16:33,269
1039 it all that out. And how is it that we as professionals do
1040
1041 261
1042 00:16:33,269 ~-~-> 00:16:36,269
1043 that is that we have a higher timeframe perspective in mind,
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1045 262
1046 00:16:36,629 ~-~-> 00:16:39,959
1047 simply because the market moves 20 pips in one direction on
1048
1049 263
1050 00:16:39,959 ~-~-> 00:16:42,899
1051 a five minute chart or a 15 minute chart means absolutely
1052
1053 264
1054 00:16:42,899 ~-~-> 00:16:47,459
1055 nothing means absolutely nothing to a longer higher turn,
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1057 265
1058 00:16:47,909 ~-~-> 00:16:52,229
1059 timeframe premise. What I mean by that, I could watch an
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1061 266
1062 00:16:52,229 ~-~-> 00:16:56,189
1063 intraday price chart and see many many times where the
1064
1065 267
1066 00:16:56,189 ~-~-> 00:16:59,999
1067 market would pay 2030 pips and it would be against my
1068
1069 268
1070 00:17:00,000 ~-~-> 00:17:04,110
1071 directional premise or my comfort zone, in terms of
1072
1073 269
1074 00:17:04,110 ~-~-> 00:17:06,720
1075 directional premise, because I'm willing to wait for the
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1077 270
1078 00:17:06,720 ~-~-> 00:17:09,960
1079 setup to come to me. I don't want to change all these little
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1081 271
1082 00:17:09,960 ~-~-> 00:17:12,450
1083 tiny minor moves in the marketplace, there's people that can
1084
1085 272
1086 00:17:12,450 ~-~-> 00:17:15,390
1087 do a very good living doing that and scalping the market in
1088
1089 273
1090 00:17:15,390 ~-~-> 00:17:19,140
1091 short term intraday trading. I'm not negating their ability
1092
1093 274
1094 00:17:19,140 ~-~-> 00:17:22,710
1095 to do that or your potential to do that as well. But that's
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1097 275
1098 00:17:22,710 ~-~-> 00:17:27,360
1099 not the crux of this presentation, or this series is really
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1101 276
1102 00:17:27,360 ~-~-> 00:17:29,520
1103 designed for those that are asking the questions like, Well,
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1105 277
1106 00:17:29,520 ~-~-> 00:17:32,040
1107 how do I know that the support resistance level is going to
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1109 278
1110 00:17:32,040 ~-~-> 00:17:34,770
1111 hold? How do I know that directional premise for this day is
1112
1113 279
1114 00:17:34,770 ~-~-> 00:17:38,460
1115 going to be what it should be? Okay. This is my answer to
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1117 280
1118 00:17:38,460 ~-~-> 00:17:41,250
1119 those questions. Okay. Because, like I said, If I could go
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1122 00:17:41,250 ~-~-> 00:17:44,580
1123 back to one question, you know, how is it able to get the
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1125 282
1126 00:17:44,580 ~-~-> 00:17:47,580
1127 direction, right? The second most asked question is how do I
1128
1129 283
1130 00:17:47,580 ~-~-> 00:17:50,400
1131 know that a specific support or resistance level is going to
1132
1133 284
1134 00:17:50,400 ~-~-> 00:17:53,820
1135 hold and we're going to be able to focus on that specific
1136
1137 285
1138 00:17:53,820 ~-~-> 00:17:57,900
1139 pair of questions in this individual volume and in volume
1140
1141 286
1142 00:17:57,900 ~-~-> 00:17:59,970
1143 two and three, we'll be dealing with other you know,
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1145 287
1146 00:18:00,299 ~-~-> 00:18:05,009
1147 topics that will hope, hopefully, dovetail nicely with this
1148
1149 288
1150 00:18:05,009 ~-~-> 00:18:07,979
1151 one and hopefully improve upon your understanding of the
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1153 289
1154 00:18:07,979 ~-~-> 00:18:08,699
1155 marketplace.
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1157 290
1158 00:18:10,469 ~-~-> 00:18:13,859
1159 Now framing retail trading ideas on the basis of the macro
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1161 291
1162 00:18:13,859 ~-~-> 00:18:16,859
1163 perspective is conducive profits. And again, we've already
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1165 292
1166 00:18:16,859 ~-~-> 00:18:17,909
1167 said this briefly,
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1169 293
1170 00:18:18,930 ~-~-> 00:18:22,530
1171 if you don't have the understanding of where the
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1173 294
1174 00:18:22,530 ~-~-> 00:18:26,730
1175 fundamentals are behind the market moves, okay. And again, I
1176
1177 295
1178 00:18:26,730 ~-~-> 00:18:29,460
1179 don't claim to be a fundamentalist. I don't know what the
1180
1181 296
1182 00:18:29,460 ~-~-> 00:18:34,140
1183 fundamentals are. I can't digest bank reports. I know a lot
1184
1185 297
1186 00:18:34,140 ~-~-> 00:18:38,100
1187 of well known trading mentors out there, use them and share
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1189 298
1190 00:18:38,100 ~-~-> 00:18:42,720
1191 them openly. I don't have the capacity to look at that stuff
1192
1193 299
1194 00:18:42,750 ~-~-> 00:18:46,230
1195 and understand what it means. Okay, and I don't have any
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1197 300
1198 00:18:46,230 ~-~-> 00:18:49,140
1199 shame in telling you that, you know, I don't, I can't listen
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1201 301
1202 00:18:49,140 ~-~-> 00:18:53,040
1203 to a speaker and determine Well, that's hawkish or dovish. I
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1205 302
1206 00:18:53,040 ~-~-> 00:18:56,850
1207 don't understand that. Okay. And if you can, wonderful, you
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1209 303
1210 00:18:56,850 ~-~-> 00:19:00,000
1211 know, kudos for you. But I don't need to know all that.
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1213 304
1214 00:19:00,000 ~-~-> 00:19:03,180
1215 stuff because I trust the price chart to tell me everything
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1217 305
1218 00:19:03,180 ~-~-> 00:19:06,210
1219 fundamental that I need to know about that marketplace. If
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1221 306
1222 00:19:06,210 ~-~-> 00:19:09,810
1223 it's looking to move up higher, I'll see signs before it
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1225 307
1226 00:19:09,810 ~-~-> 00:19:12,960
1227 starts going up that it's going to go up. And I'll tribute
1228
1229 308
1230 00:19:13,080 ~-~-> 00:19:15,240
1231 the fact that it's making money for me that I was
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1233 309
1234 00:19:15,240 ~-~-> 00:19:17,970
1235 fundamentally right on that move. That's the limitation I
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1237 310
1238 00:19:17,970 ~-~-> 00:19:20,910
1239 have as it relates to fundamentals, okay. Aside from
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1241 311
1242 00:19:20,910 ~-~-> 00:19:22,050
1243 interest rates, obviously.
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1245 312
1246 00:19:23,970 ~-~-> 00:19:26,850
1247 Now, the EMAS or Exponential Moving Averages apply to the
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1249 313
1250 00:19:26,850 ~-~-> 00:19:31,320
1251 weekly timeframes will assist in higher odds order flow and
1252
1253 314
1254 00:19:31,350 ~-~-> 00:19:35,250
1255 order blocks. Now, what do I mean by that? When we apply the
1256
1257 315
1258 00:19:35,280 ~-~-> 00:19:38,370
1259 the nine and 18 ma on the weekly chart,
1260
1261 316
1262 00:19:39,510 ~-~-> 00:19:42,630
1263 we already mentioned briefly, that there is a
1264
1265 317
1266 00:19:43,890 ~-~-> 00:19:49,110
1267 huge tendency, okay for trends or order flow to remained
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1269 318
1270 00:19:49,110 ~-~-> 00:19:53,160
1271 intact on a weekly chart. In other words, whatever it was
1272
1273 319
1274 00:19:53,160 ~-~-> 00:19:56,310
1275 that established a market moving higher, generally it's
1276
1277 320
1278 00:19:56,310 ~-~-> 00:20:00,000
1279 going to take something of greater magnitude on the opposite
1280
1281 321
1282 00:20:00,000 ~-~-> 00:20:02,460
1283 And to make it go lower.
1284
1285 322
1286 00:20:03,720 ~-~-> 00:20:08,460
1287 Okay, so as long as it's viewed as a good buy, the market
1288
1289 323
1290 00:20:08,460 ~-~-> 00:20:11,130
1291 will continue to move higher and continuously make higher
1292
1293 324
1294 00:20:11,130 ~-~-> 00:20:15,780
1295 highs and higher lows. The wonderful thing about that is
1296
1297 325
1298 00:20:15,780 ~-~-> 00:20:19,950
1299 that even though the EMAS are lagging in terms of time,
1300
1301 326
1302 00:20:20,100 ~-~-> 00:20:24,360
1303 okay, they're very, very low reaction. Okay, it takes a long
1304
1305 327
1306 00:20:24,360 ~-~-> 00:20:27,330
1307 time for these things to turn around on a weekly chart. As a
1308
1309 328
1310 00:20:27,330 ~-~-> 00:20:32,160
1311 new trader, if you sit down to a chart, no matter what pair
1312
1313 329
1314 00:20:32,160 ~-~-> 00:20:35,400
1315 you look at, or if it's a stock or if it's an index, or if
1316
1317 330
1318 00:20:35,400 ~-~-> 00:20:38,340
1319 it's a commodity, if you look at a weekly chart, and you'll
1320
1321 331
1322 00:20:38,340 ~-~-> 00:20:43,590
1323 lay over that particular timeframe, a nine Ma and 18 Ma, if
1324
1325 332
1326 00:20:43,590 ~-~-> 00:20:47,160
1327 the nine ma is greater than the 18, and they're stacking, it
1328
1329 333
1330 00:20:47,160 ~-~-> 00:20:50,310
1331 means they're opening up, okay, that they're widening from
1332
1333 334
1334 00:20:50,310 ~-~-> 00:20:55,200
1335 one another and pointing up. That's all we need to view a
1336
1337 335
1338 00:20:55,200 ~-~-> 00:20:58,920
1339 potential bullish condition on a weekly timeframe. In other
1340
1341 336
1342 00:20:58,920 ~-~-> 00:21:00,000
1343 words, weekly order flow.
1344
1345 337
1346 00:21:00,390 ~-~-> 00:21:04,260
1347 would be considered up. Okay? It's that simple. And
1348
1349 338
1350 00:21:04,260 ~-~-> 00:21:09,270
1351 conversely if the nine ma is below the 18 Ma, and they're
1352
1353 339
1354 00:21:09,270 ~-~-> 00:21:11,670
1355 stacking, in other words, the averages are opening up and
1356
1357 340
1358 00:21:11,670 ~-~-> 00:21:15,600
1359 pointing down. Okay, that is all that we need to indicate
1360
1361 341
1362 00:21:15,630 ~-~-> 00:21:20,100
1363 that we are in a weekly bearish order flow. Okay. Now,
1364
1365 342
1366 00:21:20,190 ~-~-> 00:21:24,060
1367 obviously, there will be 10 times of transition where we
1368
1369 343
1370 00:21:24,060 ~-~-> 00:21:27,630
1371 move from bullish to bearish or bearish to bullish, okay. Or
1372
1373 344
1374 00:21:27,630 ~-~-> 00:21:31,470
1375 we may move into a larger consolidation period that's going
1376
1377 345
1378 00:21:31,470 ~-~-> 00:21:35,310
1379 to happen, that is where you're going to incur your losses.
1380
1381 346
1382 00:21:35,550 ~-~-> 00:21:38,040
1383 Okay. I'm not saying you won't lose money in a bullish
1384
1385 347
1386 00:21:38,040 ~-~-> 00:21:40,020
1387 condition being a buyer, okay? There's gonna be times where
1388
1389 348
1390 00:21:40,020 ~-~-> 00:21:43,710
1391 you're going to you just simply be wrong. Okay. But if you
1392
1393 349
1394 00:21:43,710 ~-~-> 00:21:48,330
1395 stick to that approach, if you consistently milk that, that
1396
1397 350
1398 00:21:48,360 ~-~-> 00:21:51,330
1399 approach or perspective in the marketplace, and focusing on
1400
1401 351
1402 00:21:51,330 ~-~-> 00:21:55,230
1403 the strongest, most likely tendency to move higher or lower
1404
1405 352
1406 00:21:55,230 ~-~-> 00:21:59,250
1407 based on this time frame, your trades they won't be many of
1408
1409 353
1410 00:21:59,250 ~-~-> 00:21:59,970
1411 them. Okay?
1412
1413 354
1414 00:22:00,000 ~-~-> 00:22:02,790
1415 Because we know where we look to buy, we know when we look
1416
1417 355
1418 00:22:02,790 ~-~-> 00:22:05,670
1419 to buy, okay, but now we're going to be looking specifically
1420
1421 356
1422 00:22:05,670 ~-~-> 00:22:09,210
1423 on what direction where we're going to go and predominantly
1424
1425 357
1426 00:22:09,240 ~-~-> 00:22:13,110
1427 most buying or selling. And by having that in our, in our
1428
1429 358
1430 00:22:13,290 ~-~-> 00:22:16,440
1431 arsenal of tools, we'll be able to remove a lot of emotion
1432
1433 359
1434 00:22:16,680 ~-~-> 00:22:19,740
1435 will remove a lot of the fear, okay? And think about it.
1436
1437 360
1438 00:22:19,770 ~-~-> 00:22:22,500
1439 Think about what this does. assume for a moment you have a
1440
1441 361
1442 00:22:22,500 ~-~-> 00:22:25,920
1443 bullish weekly order flow, and everything's moving higher.
1444
1445 362
1446 00:22:26,490 ~-~-> 00:22:30,660
1447 If you find a daily order block to be a buyer, when you buy
1448
1449 363
1450 00:22:30,660 ~-~-> 00:22:33,030
1451 into that, and it rallies up 20 pips and it starts to pull
1452
1453 364
1454 00:22:33,030 ~-~-> 00:22:36,090
1455 back 10 Are you going to be scared that you probably made
1456
1457 365
1458 00:22:36,090 ~-~-> 00:22:37,920
1459 the wrong decision being a buyer or there's going to come
1460
1461 366
1462 00:22:37,920 ~-~-> 00:22:42,270
1463 down and take your stop? Probably not or hopefully, it's my
1464
1465 367
1466 00:22:42,270 ~-~-> 00:22:45,990
1467 advice that you shouldn't be fearful that because you're
1468
1469 368
1470 00:22:45,990 ~-~-> 00:22:49,860
1471 going to be trading with the professional mindset. Okay,
1472
1473 369
1474 00:22:49,890 ~-~-> 00:22:51,960
1475 you're going to have the higher timeframe, you're going to
1476
1477 370
1478 00:22:51,960 ~-~-> 00:22:54,840
1479 have the weekly order flow, you're gonna have weekly order
1480
1481 371
1482 00:22:54,840 ~-~-> 00:22:57,450
1483 blocks, you're gonna have daily order blocks, all in favor,
1484
1485 372
1486 00:22:57,600 ~-~-> 00:23:00,000
1487 and if you start timing the trades around more
1488
1489 373
1490 00:23:00,000 ~-~-> 00:23:05,790
1491 It's opening closes, you have so many qualifiers that really
1492
1493 374
1494 00:23:06,150 ~-~-> 00:23:11,970
1495 move the odds of you making money into reality. There's
1496
1497 375
1498 00:23:11,970 ~-~-> 00:23:14,280
1499 simply no guarantee obviously, I can't guarantee you're
1500
1501 376
1502 00:23:14,280 ~-~-> 00:23:17,520
1503 going to be consistently always making money. But if you
1504
1505 377
1506 00:23:17,520 ~-~-> 00:23:21,690
1507 just get a little niche in this marketplace, a small little
1508
1509 378
1510 00:23:22,890 ~-~-> 00:23:26,460
1511 edge, okay, and you, you understand what that edge is you
1512
1513 379
1514 00:23:26,460 ~-~-> 00:23:30,840
1515 can maximize this okay to be as big as you want it to be in
1516
1517 380
1518 00:23:30,840 ~-~-> 00:23:33,810
1519 terms of your results, but also, it's the same, it's a
1520
1521 381
1522 00:23:33,810 ~-~-> 00:23:37,410
1523 double edged sword if you maximize the risk simply because
1524
1525 382
1526 00:23:37,410 ~-~-> 00:23:40,920
1527 you associate the con, the consistency to it, okay, you're
1528
1529 383
1530 00:23:40,920 ~-~-> 00:23:44,070
1531 going to have a loss and invariably if you take a loss that
1532
1533 384
1534 00:23:44,070 ~-~-> 00:23:47,190
1535 invites emotionalism invites fear and greed, and then when
1536
1537 385
1538 00:23:47,190 ~-~-> 00:23:49,500
1539 you start applying those things to your trading, everything
1540
1541 386
1542 00:23:49,500 ~-~-> 00:23:52,680
1543 goes out the window and then you have havoc Okay, wreaking
1544
1545 387
1546 00:23:52,710 ~-~-> 00:23:55,920
1547 havoc all of your trades. You won't have any understanding
1548
1549 388
1550 00:23:55,920 ~-~-> 00:23:57,660
1551 of what it is you're doing, you're going to be reactionary
1552
1553 389
1554 00:23:57,660 ~-~-> 00:23:59,970
1555 instead of anticipatory and that's problematic.
1556
1557 390
1558 00:24:00,179 ~-~-> 00:24:03,599
1559 Okay, so we're going to be looking at the edvin, the
1560
1561 391
1562 00:24:03,599 ~-~-> 00:24:07,649
1563 advantageous nature of having the EMAS on weekly timeframe,
1564
1565 392
1566 00:24:08,009 ~-~-> 00:24:13,469
1567 okay, and how these will help us stay focused on where the
1568
1569 393
1570 00:24:13,649 ~-~-> 00:24:18,749
1571 fundamentals are driving price, okay, where the momentum, if
1572
1573 394
1574 00:24:18,749 ~-~-> 00:24:21,539
1575 you will, is continuously pushing behind the marketplace.
1576
1577 395
1578 00:24:21,659 ~-~-> 00:24:26,519
1579 And by having that we'll be able to be much more relaxed, we
1580
1581 396
1582 00:24:26,519 ~-~-> 00:24:29,009
1583 won't be rushed, we'll be waiting for the market to come to
1584
1585 397
1586 00:24:29,039 ~-~-> 00:24:33,629
1587 us versus we chasing it and missing the ideal low risk, high
1588
1589 398
1590 00:24:33,629 ~-~-> 00:24:34,889
1591 probability entry points.
1592
1593 399
1594 00:24:36,810 ~-~-> 00:24:39,780
1595 Now, trading in line with this view, will greatly increase
1596
1597 400
1598 00:24:39,810 ~-~-> 00:24:43,320
1599 the likelihood of consistency and precision. A lot of the
1600
1601 401
1602 00:24:43,320 ~-~-> 00:24:47,580
1603 times when I share my charts on a live basis, that I get a
1604
1605 402
1606 00:24:47,580 ~-~-> 00:24:50,760
1607 lot of response that you know, that was crazy. That was
1608
1609 403
1610 00:24:50,760 ~-~-> 00:24:53,490
1611 insane how, you know, the market reacted exactly right where
1612
1613 404
1614 00:24:53,490 ~-~-> 00:24:57,900
1615 you were calling it to do it. And I gotta tell you in this,
1616
1617 405
1618 00:24:57,930 ~-~-> 00:25:00,000
1619 this comes with experience. I mean, we're talking
1620
1621 406
1622 00:25:00,000 ~-~-> 00:25:03,540
1623 About a gentleman. Okay, myself here. I've been doing this
1624
1625 407
1626 00:25:03,540 ~-~-> 00:25:07,140
1627 for two decades. Okay, that's 20 years, a lot of the guys
1628
1629 408
1630 00:25:07,140 ~-~-> 00:25:10,230
1631 that I talked to are actually not many more years above that
1632
1633 409
1634 00:25:10,290 ~-~-> 00:25:13,740
1635 in terms of their age. So if you, if you think you're just
1636
1637 410
1638 00:25:13,740 ~-~-> 00:25:15,930
1639 going to sit down and watch this video series, take a couple
1640
1641 411
1642 00:25:15,930 ~-~-> 00:25:18,420
1643 notes and plug in a demo account, and then you know, a month
1644
1645 412
1646 00:25:18,420 ~-~-> 00:25:21,120
1647 from now you're going to be hitting it. It's going to take a
1648
1649 413
1650 00:25:21,120 ~-~-> 00:25:24,870
1651 little bit of time guys, and I would be foolish not to
1652
1653 414
1654 00:25:24,870 ~-~-> 00:25:29,280
1655 advise you to at least expect again, a growth period of at
1656
1657 415
1658 00:25:29,280 ~-~-> 00:25:33,000
1659 least six months. You gotta have to see these things happen
1660
1661 416
1662 00:25:33,000 ~-~-> 00:25:37,110
1663 to learn to trust them. hindsight and back testing is great.
1664
1665 417
1666 00:25:37,200 ~-~-> 00:25:40,500
1667 Okay, that's wonderful. But it's an altogether different
1668
1669 418
1670 00:25:40,500 ~-~-> 00:25:43,770
1671 animal when you start applying it and putting your money or
1672
1673 419
1674 00:25:43,770 ~-~-> 00:25:47,280
1675 even a demo account or pride on the line placing trades
1676
1677 420
1678 00:25:47,280 ~-~-> 00:25:50,130
1679 based on these concepts. You have to have the unseen
1680
1681 421
1682 00:25:50,130 ~-~-> 00:25:53,520
1683 understanding that you know, these are we're dealing with
1684
1685 422
1686 00:25:53,520 ~-~-> 00:25:55,920
1687 probabilities here we're not dealing with certainties. We're
1688
1689 423
1690 00:25:55,920 ~-~-> 00:26:00,000
1691 not dealing with absolutions. Okay, if there's any absolute
1692
1693 424
1694 00:26:00,000 ~-~-> 00:26:03,000
1695 Is that if you're wrong, you're going to lose money, it's
1696
1697 425
1698 00:26:03,000 ~-~-> 00:26:05,220
1699 going to come out of your account. There's no guarantee
1700
1701 426
1702 00:26:05,220 ~-~-> 00:26:07,380
1703 there's money coming in. But if you're wrong and you don't
1704
1705 427
1706 00:26:07,380 ~-~-> 00:26:11,490
1707 know what you're doing and you grossly abuse, leverage and
1708
1709 428
1710 00:26:11,490 ~-~-> 00:26:15,030
1711 risk, you will lose a lot of money. Okay? It doesn't matter
1712
1713 429
1714 00:26:15,030 ~-~-> 00:26:17,430
1715 that these have been tested by a trader that's been doing
1716
1717 430
1718 00:26:17,430 ~-~-> 00:26:19,620
1719 for 20 years, it doesn't matter that, you know, you know,
1720
1721 431
1722 00:26:19,620 ~-~-> 00:26:22,260
1723 I've made X amount of money trading, it has absolutely
1724
1725 432
1726 00:26:22,260 ~-~-> 00:26:25,890
1727 nothing to do with it. My results are absolutely unique to
1728
1729 433
1730 00:26:25,890 ~-~-> 00:26:29,040
1731 me. Okay, just as well as your, your results are gonna be
1732
1733 434
1734 00:26:29,040 ~-~-> 00:26:30,810
1735 unique to you. I have
1736
1737 435
1738 00:26:32,010 ~-~-> 00:26:35,400
1739 a lot of people reading the material that I present freely
1740
1741 436
1742 00:26:35,400 ~-~-> 00:26:38,550
1743 on the internet. Why is it that every one of us have
1744
1745 437
1746 00:26:38,850 ~-~-> 00:26:41,880
1747 completely unique results? Think about that.
1748
1749 438
1750 00:26:43,380 ~-~-> 00:26:47,160
1751 We're all uniquely different. I may see something on the
1752
1753 439
1754 00:26:47,160 ~-~-> 00:26:51,720
1755 chart that you don't now pundants and those that attack
1756
1757 440
1758 00:26:52,050 ~-~-> 00:26:56,100
1759 mentors and trading advisors or teachers or someone that's
1760
1761 441
1762 00:26:56,100 ~-~-> 00:26:59,970
1763 sharing ideas, okay? They'll come in and be you know,
1764
1765 442
1766 00:27:01,410 ~-~-> 00:27:03,570
1767 argumentative and say, Look, if your stuff works, so well
1768
1769 443
1770 00:27:03,570 ~-~-> 00:27:05,820
1771 why isn't everyone else doing the same thing that you are?
1772
1773 444
1774 00:27:06,150 ~-~-> 00:27:09,780
1775 And that kind of like proves their their myopic approach to
1776
1777 445
1778 00:27:10,170 ~-~-> 00:27:12,270
1779 looking at things, okay? It doesn't matter that we're
1780
1781 446
1782 00:27:12,270 ~-~-> 00:27:15,180
1783 talking about trading. Why isn't that everybody that gets in
1784
1785 447
1786 00:27:15,180 ~-~-> 00:27:18,930
1787 golf doesn't play like Tiger Woods. Okay, why isn't it that,
1788
1789 448
1790 00:27:19,050 ~-~-> 00:27:22,530
1791 you know, everybody that gets into basketball? Why aren't
1792
1793 449
1794 00:27:22,530 ~-~-> 00:27:25,530
1795 they able to play like Michael Jordan, okay, it kind of
1796
1797 450
1798 00:27:25,530 ~-~-> 00:27:27,990
1799 falls on its face when you really look at it for what it is,
1800
1801 451
1802 00:27:28,170 ~-~-> 00:27:33,720
1803 okay? So don't judge your, your development against me, as
1804
1805 452
1806 00:27:33,720 ~-~-> 00:27:36,720
1807 the mentor, okay, you judge your development against how you
1808
1809 453
1810 00:27:36,720 ~-~-> 00:27:40,500
1811 were the day before. And you consistently do this over and
1812
1813 454
1814 00:27:40,500 ~-~-> 00:27:45,180
1815 over and over again, by default, you will improve that does
1816
1817 455
1818 00:27:45,180 ~-~-> 00:27:50,220
1819 not equate to profitability that comes on its own timing. I
1820
1821 456
1822 00:27:50,220 ~-~-> 00:27:53,340
1823 can't promise you that. But I can promise you, you will know
1824
1825 457
1826 00:27:53,340 ~-~-> 00:27:56,430
1827 more about you and how you are going to interact and engage
1828
1829 458
1830 00:27:56,430 ~-~-> 00:28:00,000
1831 this marketplace by these concepts and that we already
1832
1833 459
1834 00:28:00,000 ~-~-> 00:28:03,540
1835 learned in the previous videos and 10 and teachings that
1836
1837 460
1838 00:28:03,540 ~-~-> 00:28:05,310
1839 I've shared over the last four years.
1840
1841 461
1842 00:28:08,069 ~-~-> 00:28:11,729
1843 Now, with all that, let's take a look at a few examples.
1844
1845 462
1846 00:28:16,170 ~-~-> 00:28:19,290
1847 Okay, folks, we're looking at the fiber weekly chart is the
1848
1849 463
1850 00:28:19,290 ~-~-> 00:28:23,310
1851 Euro USD. And I've already applied the nine and 18 period
1852
1853 464
1854 00:28:23,310 ~-~-> 00:28:26,400
1855 exponential moving average. Now the blue line in here that's
1856
1857 465
1858 00:28:26,400 ~-~-> 00:28:32,010
1859 going to delineate the 18. And the red line is the nine.
1860
1861 466
1862 00:28:32,430 ~-~-> 00:28:37,560
1863 Okay, and very simply, if the nine in this case again, the
1864
1865 467
1866 00:28:37,560 ~-~-> 00:28:40,980
1867 red if it's above the blue, okay, and this again is a weekly
1868
1869 468
1870 00:28:40,980 ~-~-> 00:28:44,400
1871 chart, when we see this cross over and the averages start to
1872
1873 469
1874 00:28:44,400 ~-~-> 00:28:46,500
1875 stack, okay, and that means it right about on here, we're
1876
1877 470
1878 00:28:46,500 ~-~-> 00:28:49,680
1879 starting to see very clear indication that these averages
1880
1881 471
1882 00:28:49,680 ~-~-> 00:28:53,670
1883 are opening up and continually moving higher. I do not
1884
1885 472
1886 00:28:53,880 ~-~-> 00:28:57,330
1887 consider any of these downturns here as precursors to a
1888
1889 473
1890 00:28:57,330 ~-~-> 00:29:00,000
1891 potential crossover. When it crosses over then
1892
1893 474
1894 00:29:00,000 ~-~-> 00:29:02,550
1895 It crosses over. Okay, it's very important you had that your
1896
1897 475
1898 00:29:02,550 ~-~-> 00:29:04,530
1899 notes across over really
1900
1901 476
1902 00:29:05,670 ~-~-> 00:29:08,580
1903 has to happen in the averages before actually considered,
1904
1905 477
1906 00:29:08,880 ~-~-> 00:29:12,000
1907 you know, I no longer want to be following that, that that
1908
1909 478
1910 00:29:12,000 ~-~-> 00:29:15,480
1911 premise, okay. Again, that would be considered right here.
1912
1913 479
1914 00:29:15,630 ~-~-> 00:29:19,170
1915 Now Now the quick response is going to be on an lm one are
1916
1917 480
1918 00:29:19,170 ~-~-> 00:29:21,330
1919 going to see this already on either on Twitter or I'm going
1920
1921 481
1922 00:29:21,330 ~-~-> 00:29:25,050
1923 to see it on the forums. And if I left comments open for my
1924
1925 482
1926 00:29:25,050 ~-~-> 00:29:27,420
1927 videos on YouTube, not that these are going to be on
1928
1929 483
1930 00:29:27,420 ~-~-> 00:29:28,650
1931 YouTube, but if they were,
1932
1933 484
1934 00:29:30,030 ~-~-> 00:29:32,280
1935 invariably everyone would come out, say, Well, look at look
1936
1937 485
1938 00:29:32,280 ~-~-> 00:29:35,820
1939 at this big move here. You missed. Okay, I agree. You would
1940
1941 486
1942 00:29:35,820 ~-~-> 00:29:40,740
1943 have missed this big downturn. Okay, in terms of directional
1944
1945 487
1946 00:29:40,740 ~-~-> 00:29:43,380
1947 premise, but there's other tools that we can utilize back
1948
1949 488
1950 00:29:43,380 ~-~-> 00:29:45,420
1951 here for that. Okay. So again,
1952
1953 489
1954 00:29:46,560 ~-~-> 00:29:50,940
1955 we're building an arsenal of tools, okay. We don't drive a
1956
1957 490
1958 00:29:50,940 ~-~-> 00:29:54,600
1959 nail with assault. Okay, I can't say it any simpler than
1960
1961 491
1962 00:29:54,600 ~-~-> 00:29:59,550
1963 that. Each tool has its time and purpose. This is a tool and
1964
1965 492
1966 00:29:59,550 ~-~-> 00:29:59,970
1967 I'm showing you
1968
1969 493
1970 00:30:00,000 ~-~-> 00:30:03,720
1971 It's time and purpose, okay? When the averages are opened
1972
1973 494
1974 00:30:03,720 ~-~-> 00:30:06,690
1975 up, and they're stacking, again, the definition of stacking
1976
1977 495
1978 00:30:06,690 ~-~-> 00:30:10,410
1979 is when the averages are trending in the same direction and
1980
1981 496
1982 00:30:10,440 ~-~-> 00:30:11,730
1983 opening. Okay.
1984
1985 497
1986 00:30:12,960 ~-~-> 00:30:16,230
1987 That to me is a qualifier that we're in a bullish market
1988
1989 498
1990 00:30:16,230 ~-~-> 00:30:19,860
1991 condition on the higher time frame. So weekly order flow is
1992
1993 499
1994 00:30:19,860 ~-~-> 00:30:20,340
1995 higher.
1996
1997 500
1998 00:30:21,360 ~-~-> 00:30:24,330
1999 I want you to take a look at this chart now this is June of
2000
2001 501
2002 00:30:24,330 ~-~-> 00:30:29,370
2003 2013. In this area here, where we start seeing the averages
2004
2005 502
2006 00:30:29,370 ~-~-> 00:30:32,910
2007 open up and we've continuously seen the weekly order flow on
2008
2009 503
2010 00:30:32,910 ~-~-> 00:30:35,370
2011 a higher level. Okay, now we're just moving bullish Lee.
2012
2013 504
2014 00:30:35,640 ~-~-> 00:30:39,180
2015 Okay. Yes, there's been bearish weeks. Yes, there's been
2016
2017 505
2018 00:30:39,180 ~-~-> 00:30:43,500
2019 downturns. Yes, there's been wicked sell offs. But overall,
2020
2021 506
2022 00:30:43,770 ~-~-> 00:30:47,400
2023 we've maintained higher highs and higher lows. Okay. So
2024
2025 507
2026 00:30:47,400 ~-~-> 00:30:50,940
2027 again, it helps you filter out all that uncertainty that
2028
2029 508
2030 00:30:50,940 ~-~-> 00:30:53,850
2031 plagues a lot of the traders that are either reactionary or
2032
2033 509
2034 00:30:53,850 ~-~-> 00:30:55,740
2035 just simply have no idea what they're looking for.
2036
2037 510
2038 00:30:57,180 ~-~-> 00:30:59,970
2039 Before we go into the weekly order blocks,
2040
2041 511
2042 00:31:00,000 ~-~-> 00:31:01,560
2043 So I want to kind of show you
2044
2045 512
2046 00:31:03,240 ~-~-> 00:31:07,170
2047 how we can apply this information. Okay? So when you see the
2048
2049 513
2050 00:31:07,170 ~-~-> 00:31:09,750
2051 averages opening up here, okay, we're going to use this week
2052
2053 514
2054 00:31:10,710 ~-~-> 00:31:14,580
2055 there, okay? And we're going to color our area like this.
2056
2057 515
2058 00:31:14,640 ~-~-> 00:31:18,270
2059 Okay, now you can do any color you want. Okay. But what I've
2060
2061 516
2062 00:31:18,300 ~-~-> 00:31:22,500
2063 done is I've mapped out the market in terms of, we're in a
2064
2065 517
2066 00:31:22,500 ~-~-> 00:31:25,530
2067 bullish condition. Okay? So as long as the averages are like
2068
2069 518
2070 00:31:25,530 ~-~-> 00:31:28,770
2071 this, okay? In other words, just let's say for instance, if,
2072
2073 519
2074 00:31:28,830 ~-~-> 00:31:31,260
2075 if this is the time of the recording that you're watching
2076
2077 520
2078 00:31:31,260 ~-~-> 00:31:36,180
2079 right now, I would be simply doing this, okay with this
2080
2081 521
2082 00:31:36,210 ~-~-> 00:31:40,950
2083 data, unknown yet, okay. But right now as it is, we have
2084
2085 522
2086 00:31:40,950 ~-~-> 00:31:43,590
2087 this data, so we're just going to look at it like this. But
2088
2089 523
2090 00:31:43,590 ~-~-> 00:31:48,150
2091 it doesn't remove the the benefit of studying it in
2092
2093 524
2094 00:31:48,150 ~-~-> 00:31:51,150
2095 hindsight, because someone's hindsight today is going to be
2096
2097 525
2098 00:31:51,150 ~-~-> 00:31:54,690
2099 your benefit and future tomorrow. And that's what I'm trying
2100
2101 526
2102 00:31:54,690 ~-~-> 00:31:57,810
2103 to share with you. Now. If you look at this and discount
2104
2105 527
2106 00:31:57,870 ~-~-> 00:32:00,000
2107 immediately, I promise you ever
2108
2109 528
2110 00:32:00,000 ~-~-> 00:32:01,830
2111 Everything else I teach you here, you could do the same
2112
2113 529
2114 00:32:01,830 ~-~-> 00:32:05,100
2115 thing with it as well, you can nitpick it and find all kinds
2116
2117 530
2118 00:32:05,100 ~-~-> 00:32:08,490
2119 of flaws in it. But it's not the individual tool itself.
2120
2121 531
2122 00:32:08,850 ~-~-> 00:32:13,170
2123 It's the orchestration of the tools together that build a
2124
2125 532
2126 00:32:13,170 ~-~-> 00:32:17,400
2127 confluence of an idea that will hopefully materialize in a
2128
2129 533
2130 00:32:17,400 ~-~-> 00:32:20,880
2131 game for you either monetary or understanding what it is
2132
2133 534
2134 00:32:20,880 ~-~-> 00:32:22,200
2135 that you should be doing as a trader.
2136
2137 535
2138 00:32:23,310 ~-~-> 00:32:26,370
2139 And I'm really focusing more on the latter than the former.
2140
2141 536
2142 00:32:26,970 ~-~-> 00:32:30,690
2143 So now looking at this market like this, if we break this
2144
2145 537
2146 00:32:30,720 ~-~-> 00:32:33,870
2147 down, and we're just simply going to go down to a one hour
2148
2149 538
2150 00:32:33,870 ~-~-> 00:32:36,300
2151 chart, we're going to cut cut through all the four hour and
2152
2153 539
2154 00:32:36,300 ~-~-> 00:32:39,270
2155 all that good stuff. We're gonna go right to a four hour
2156
2157 540
2158 00:32:39,270 ~-~-> 00:32:42,720
2159 chart. Okay. And we'll be looking at this timeframe here.
2160
2161 541
2162 00:32:43,170 ~-~-> 00:32:45,780
2163 Okay, since the June of last year
2164
2165 542
2166 00:32:47,280 ~-~-> 00:32:50,550
2167 while we're in this shaded area, okay, we are in what would
2168
2169 543
2170 00:32:50,550 ~-~-> 00:32:54,900
2171 be considered a weekly bullish order flow. Okay. I want you
2172
2173 544
2174 00:32:54,900 ~-~-> 00:32:58,680
2175 to pay attention to when we see order blocks as you
2176
2177 545
2178 00:32:58,680 ~-~-> 00:32:59,970
2179 understand this already, by law.
2180
2181 546
2182 00:33:00,000 ~-~-> 00:33:02,190
2183 At the scout sniper series
2184
2185 547
2186 00:33:04,200 ~-~-> 00:33:07,440
2187 we see a price rally up aggressive. Okay, so in this area
2188
2189 548
2190 00:33:07,440 ~-~-> 00:33:10,800
2191 here in this price, we're just gonna call it 133 25. Okay,
2192
2193 549
2194 00:33:11,010 ~-~-> 00:33:13,890
2195 when price moves aggressively away from that, okay, notice
2196
2197 550
2198 00:33:13,890 ~-~-> 00:33:18,300
2199 it did rather sharply. Then we pull back down in at a
2200
2201 551
2202 00:33:18,300 ~-~-> 00:33:19,530
2203 retracement. Now
2204
2205 552
2206 00:33:20,880 ~-~-> 00:33:24,060
2207 if you're simply just looking at my videos and reviews, it
2208
2209 553
2210 00:33:24,060 ~-~-> 00:33:26,460
2211 simply looks like I'm grabbing the best of the best in terms
2212
2213 554
2214 00:33:26,460 ~-~-> 00:33:29,340
2215 of the highs and lows to pull my fib from and then say look
2216
2217 555
2218 00:33:29,340 ~-~-> 00:33:31,740
2219 at this move that I caught or look at this move that you
2220
2221 556
2222 00:33:31,740 ~-~-> 00:33:33,930
2223 could have caught, okay, or what kind of great and perfect
2224
2225 557
2226 00:33:33,930 ~-~-> 00:33:39,870
2227 my tools are. Okay. You've gleaned another important central
2228
2229 558
2230 00:33:39,870 ~-~-> 00:33:42,990
2231 tenant to my understanding of the marketplace by
2232
2233 559
2234 00:33:43,140 ~-~-> 00:33:47,280
2235 implementing the ICT order blocks, okay, we understand how
2236
2237 560
2238 00:33:47,280 ~-~-> 00:33:49,770
2239 to look at the marketplace and see when institutional
2240
2241 561
2242 00:33:49,770 ~-~-> 00:33:54,240
2243 sponsorship enters the marketplace. Okay. The first bearish
2244
2245 562
2246 00:33:54,240 ~-~-> 00:33:57,270
2247 candle right here, okay, by applying
2248
2249 563
2250 00:34:01,709 ~-~-> 00:34:04,499
2251 Our understanding that we learned in the scout sniper series
2252
2253 564
2254 00:34:05,159 ~-~-> 00:34:09,929
2255 with order blocks, when price moves back down into this area
2256
2257 565
2258 00:34:09,929 ~-~-> 00:34:12,389
2259 here this order block, that is when we would be looking to
2260
2261 566
2262 00:34:12,389 ~-~-> 00:34:16,799
2263 be a buyer. Okay? Notice also that the averages are above,
2264
2265 567
2266 00:34:17,219 ~-~-> 00:34:22,319
2267 okay, the red is above. Now we don't use the averages on a
2268
2269 568
2270 00:34:22,499 ~-~-> 00:34:25,259
2271 one hour basis but if you're looking to utilize and that's
2272
2273 569
2274 00:34:25,259 ~-~-> 00:34:28,799
2275 certainly possible here. Okay. But I guess really I should
2276
2277 570
2278 00:34:28,799 ~-~-> 00:34:32,879
2279 be removing I should be removing these these indicators
2280
2281 571
2282 00:34:32,879 ~-~-> 00:34:35,729
2283 right now because we've already arrived at our understanding
2284
2285 572
2286 00:34:35,729 ~-~-> 00:34:38,849
2287 of what it is specifically they're going to give us
2288
2289 573
2290 00:34:39,960 ~-~-> 00:34:41,100
2291 based on the weekly chart.
2292
2293 574
2294 00:34:42,480 ~-~-> 00:34:45,660
2295 Okay, so now we can clearly see looking at study of price,
2296
2297 575
2298 00:34:45,930 ~-~-> 00:34:49,830
2299 we're in an area where we want to be focusing on buys. Okay.
2300
2301 576
2302 00:34:50,340 ~-~-> 00:34:53,940
2303 And by having this understanding, we could be looking to be
2304
2305 577
2306 00:34:53,940 ~-~-> 00:34:57,360
2307 a buyer when it gets down into a one hour quarter block.
2308
2309 578
2310 00:34:57,660 ~-~-> 00:34:58,050
2311 Okay.
2312
2313 579
2314 00:35:02,130 ~-~-> 00:35:04,320
2315 I'm just going to just quickly pan through I'm not going to
2316
2317 580
2318 00:35:04,320 ~-~-> 00:35:09,870
2319 try to cherry pick anything but you have price we saw a
2320
2321 581
2322 00:35:09,870 ~-~-> 00:35:14,220
2323 price drop down in here okay we have a rather large order
2324
2325 582
2326 00:35:14,220 ~-~-> 00:35:17,940
2327 block in here again we discussed why I do not like the long
2328
2329 583
2330 00:35:17,940 ~-~-> 00:35:22,170
2331 wick candles in here. So you can you could argue that you
2332
2333 584
2334 00:35:22,170 ~-~-> 00:35:25,110
2335 know this would be one here also but again it looks like a
2336
2337 585
2338 00:35:25,110 ~-~-> 00:35:28,650
2339 spinning top I want more candle body, okay, so it would be
2340
2341 586
2342 00:35:28,650 ~-~-> 00:35:31,530
2343 this one here. Okay, so if we apply that
2344
2345 587
2346 00:35:37,380 ~-~-> 00:35:43,380
2347 okay when price drops back down into this area of
2348
2349 588
2350 00:35:43,380 ~-~-> 00:35:48,000
2351 waterblock. Okay, we saw price rally in here. We saw price
2352
2353 589
2354 00:35:48,000 ~-~-> 00:35:53,490
2355 rally in here. It dipped in deep here, rallied again. Even
2356
2357 590
2358 00:35:53,490 ~-~-> 00:35:57,570
2359 this little area right in here. Okay. It doesn't look like
2360
2361 591
2362 00:35:57,570 ~-~-> 00:35:59,820
2363 much but that's the trade that you could take intraday.
2364
2365 592
2366 00:36:00,210 ~-~-> 00:36:03,150
2367 Okay, that's, that's a favorable trade. If you pull a fit
2368
2369 593
2370 00:36:03,150 ~-~-> 00:36:05,490
2371 from this low to this high shore, that would be something
2372
2373 594
2374 00:36:05,490 ~-~-> 00:36:09,450
2375 you could be catching a trade on. And again, all we're doing
2376
2377 595
2378 00:36:09,450 ~-~-> 00:36:12,690
2379 is simply looking at areas of where price action showed a
2380
2381 596
2382 00:36:12,690 ~-~-> 00:36:14,880
2383 potential to bounce. Okay, we're not looking at the
2384
2385 597
2386 00:36:14,880 ~-~-> 00:36:20,370
2387 cleanest, you know, major swings a major, you know, price
2388
2389 598
2390 00:36:20,370 ~-~-> 00:36:24,150
2391 points to take every single, major high and low. That's not
2392
2393 599
2394 00:36:24,150 ~-~-> 00:36:26,370
2395 what I'm teaching here. I'm giving you a means of looking
2396
2397 600
2398 00:36:26,370 ~-~-> 00:36:31,440
2399 for consistently profitable setups over a long sample size,
2400
2401 601
2402 00:36:31,440 ~-~-> 00:36:34,110
2403 a long period of time, not just giving you the best of the
2404
2405 602
2406 00:36:34,110 ~-~-> 00:36:36,270
2407 best and cherry picking because that's entirely two
2408
2409 603
2410 00:36:36,570 ~-~-> 00:36:39,030
2411 different things. Okay, that's another whole video series.
2412
2413 604
2414 00:36:40,980 ~-~-> 00:36:44,070
2415 But moving forward, okay. Price, even though we were in this
2416
2417 605
2418 00:36:44,070 ~-~-> 00:36:48,060
2419 long, long period of of drawdown in here, okay, in terms of
2420
2421 606
2422 00:36:48,060 ~-~-> 00:36:51,300
2423 price dropping, lower, lower, lower, okay. One could argue,
2424
2425 607
2426 00:36:51,300 ~-~-> 00:36:54,090
2427 hey, look, you know, I'm not able to get a trade, you know,
2428
2429 608
2430 00:36:54,630 ~-~-> 00:36:56,970
2431 during this period of time, I can't I can't see any any
2432
2433 609
2434 00:36:56,970 ~-~-> 00:37:01,110
2435 means of looking to be a buyer in here. And that's fine.
2436
2437 610
2438 00:37:01,350 ~-~-> 00:37:04,140
2439 Because you know what, this is just one pair of many that
2440
2441 611
2442 00:37:04,140 ~-~-> 00:37:07,710
2443 you have to choose from. Simply because I focus on the euro
2444
2445 612
2446 00:37:07,740 ~-~-> 00:37:11,790
2447 and British Pound doesn't mean that you can't pay attention
2448
2449 613
2450 00:37:11,790 ~-~-> 00:37:15,420
2451 to other particular pairs. All I'm showing you here is if
2452
2453 614
2454 00:37:15,510 ~-~-> 00:37:19,020
2455 I'm in the Euro, I want to be a buyer. Okay? If especially
2456
2457 615
2458 00:37:19,020 ~-~-> 00:37:21,180
2459 if I'm going to be loading up the maximum amount of risk
2460
2461 616
2462 00:37:21,630 ~-~-> 00:37:27,330
2463 allocation to my trades. Okay, price. Let's come back here
2464
2465 617
2466 00:37:27,330 ~-~-> 00:37:30,360
2467 just a little bit. We have this area of consolidation, okay,
2468
2469 618
2470 00:37:30,360 ~-~-> 00:37:34,410
2471 support resistance price rallies through it comes back down
2472
2473 619
2474 00:37:35,100 ~-~-> 00:37:38,910
2475 almost to an area of old high in here, or high as well over
2476
2477 620
2478 00:37:38,910 ~-~-> 00:37:41,340
2479 here comes down and then what does it do? It doesn't spend
2480
2481 621
2482 00:37:41,340 ~-~-> 00:37:44,880
2483 much time here does it? It rallies off. Now again, focus on
2484
2485 622
2486 00:37:44,880 ~-~-> 00:37:48,960
2487 the big picture. We are inside of a bullish weekly order
2488
2489 623
2490 00:37:48,960 ~-~-> 00:37:52,800
2491 flow. Okay, so we want to be seeing these types of events in
2492
2493 624
2494 00:37:52,800 ~-~-> 00:37:56,430
2495 here. Okay. Price rallies up and it comes back down whereas
2496
2497 625
2498 00:37:56,430 ~-~-> 00:38:00,750
2499 it really was a drop down into previous waterblock we're
2500
2501 626
2502 00:38:00,750 ~-~-> 00:38:04,530
2503 here. Okay, the bearish candle prior to the rally up inside
2504
2505 627
2506 00:38:04,530 ~-~-> 00:38:08,700
2507 the bearish candle again what is our our understanding of
2508
2509 628
2510 00:38:08,700 ~-~-> 00:38:12,690
2511 the marketplace smart money buys in down markets and they
2512
2513 629
2514 00:38:12,690 ~-~-> 00:38:18,300
2515 sell in up markets. Okay, relate that to a candle there yes
2516
2517 630
2518 00:38:18,300 ~-~-> 00:38:20,760
2519 they may be buying in this candle here okay but we're
2520
2521 631
2522 00:38:20,790 ~-~-> 00:38:24,450
2523 looking inside the bearish candle. Okay, let's zoom in a
2524
2525 632
2526 00:38:24,450 ~-~-> 00:38:31,830
2527 little bit better we're looking inside this bearish candle
2528
2529 633
2530 00:38:32,070 ~-~-> 00:38:41,370
2531 prior to this move up okay. So by applying that we can get
2532
2533 634
2534 00:38:41,370 ~-~-> 00:38:44,520
2535 very precise in terms of where we would anticipate seeing a
2536
2537 635
2538 00:38:44,520 ~-~-> 00:38:52,590
2539 market move higher okay we have a smaller order block here
2540
2541 636
2542 00:38:53,310 ~-~-> 00:38:56,790
2543 as well okay we saw price come down into our large or block
2544
2545 637
2546 00:38:56,790 ~-~-> 00:39:00,960
2547 here. Price rallies. Okay. It comes Back And where's it come
2548
2549 638
2550 00:39:00,960 ~-~-> 00:39:08,610
2551 back to the previous order block right in here. So here's an
2552
2553 639
2554 00:39:08,820 ~-~-> 00:39:12,870
2555 opportunity to be in here being a buyer. Look how precise
2556
2557 640
2558 00:39:13,170 ~-~-> 00:39:19,530
2559 these areas of bullish order blocks inside of this larger
2560
2561 641
2562 00:39:19,530 ~-~-> 00:39:22,380
2563 weekly order flow that's bullish, look at the reaction
2564
2565 642
2566 00:39:22,380 ~-~-> 00:39:25,740
2567 you're getting. Okay? And I want you to pay attention to the
2568
2569 643
2570 00:39:25,740 ~-~-> 00:39:27,990
2571 dates at the bottom of the chart because you're going to see
2572
2573 644
2574 00:39:27,990 ~-~-> 00:39:31,380
2575 how many times these setups present themselves. Okay, we
2576
2577 645
2578 00:39:31,380 ~-~-> 00:39:35,580
2579 have another bearish order block right in here or we could
2580
2581 646
2582 00:39:35,580 ~-~-> 00:39:38,340
2583 use the older order block. Okay, we comes down certainly
2584
2585 647
2586 00:39:38,340 ~-~-> 00:39:41,190
2587 down into it there. But we're going to be a realist and
2588
2589 648
2590 00:39:41,190 ~-~-> 00:39:46,200
2591 we're going to say that you're utilizing this candle here. I
2592
2593 649
2594 00:39:46,200 ~-~-> 00:39:49,410
2595 don't like this because to wiki Okay, so I'd be willing to
2596
2597 650
2598 00:39:49,410 ~-~-> 00:39:53,340
2599 be a buyer and once we broke below the candles high here,
2600
2601 651
2602 00:39:53,490 ~-~-> 00:39:58,680
2603 okay, not No. Words. Yes, this candles highs lower than this
2604
2605 652
2606 00:39:58,680 ~-~-> 00:40:01,290
2607 one. Okay. So I Dealing with risk would be smaller by
2608
2609 653
2610 00:40:01,290 ~-~-> 00:40:04,200
2611 utilizing this one but I want to be sticking to my rules the
2612
2613 654
2614 00:40:04,200 ~-~-> 00:40:07,740
2615 rules require a little bit more of a body on down candle in
2616
2617 655
2618 00:40:07,770 ~-~-> 00:40:10,830
2619 a bullish order block so how are you utilizing this one? So
2620
2621 656
2622 00:40:10,860 ~-~-> 00:40:15,870
2623 the price comes down in here okay the close on this candle
2624
2625 657
2626 00:40:16,140 ~-~-> 00:40:17,340
2627 Let me see if I can get the pull up
2628
2629 658
2630 00:40:23,550 ~-~-> 00:40:28,560
2631 well let's give me a hard time now but it's not much in
2632
2633 659
2634 00:40:28,560 ~-~-> 00:40:30,450
2635 terms of decline and we just had
2636
2637 660
2638 00:40:41,100 ~-~-> 00:40:45,420
2639 we'll have to move on the price comes back down into this
2640
2641 661
2642 00:40:45,420 ~-~-> 00:40:48,510
2643 order block and what does it do it snaps back up again. Okay
2644
2645 662
2646 00:40:48,510 ~-~-> 00:40:53,700
2647 and rallies. What I find interesting is okay that price not
2648
2649 663
2650 00:40:53,700 ~-~-> 00:40:57,510
2651 only comes down into it here, rallies off, okay, but comes
2652
2653 664
2654 00:40:57,510 ~-~-> 00:41:02,280
2655 back down into it again. The same order block. Okay, rallies
2656
2657 665
2658 00:41:02,280 ~-~-> 00:41:06,420
2659 off again, comes back down one more time when you see this,
2660
2661 666
2662 00:41:06,600 ~-~-> 00:41:10,290
2663 okay, they're really really accumulating positions in here.
2664
2665 667
2666 00:41:11,220 ~-~-> 00:41:15,450
2667 Okay, they're really accumulating positions. Now this is
2668
2669 668
2670 00:41:15,450 ~-~-> 00:41:18,270
2671 going to answer one of the questions I get a lot. How do I
2672
2673 669
2674 00:41:18,270 ~-~-> 00:41:22,950
2675 know that price is going to hold a support level? Okay.
2676
2677 670
2678 00:41:23,940 ~-~-> 00:41:26,670
2679 Well, we have a bullish order block here. Okay, and now
2680
2681 671
2682 00:41:26,670 ~-~-> 00:41:30,210
2683 we're going to do is add a horizontal line. And I think
2684
2685 672
2686 00:41:30,240 ~-~-> 00:41:32,940
2687 everyone that's watching would agree that this is probably a
2688
2689 673
2690 00:41:32,940 ~-~-> 00:41:37,020
2691 good level to choose. I'm just gonna use a 60 nice round
2692
2693 674
2694 00:41:37,020 ~-~-> 00:41:41,490
2695 number. We find this support here we find support here. We
2696
2697 675
2698 00:41:41,490 ~-~-> 00:41:45,690
2699 find support here and then we've rallied off okay. When you
2700
2701 676
2702 00:41:45,690 ~-~-> 00:41:49,500
2703 see the level being accumulated like this inside an order
2704
2705 677
2706 00:41:49,500 ~-~-> 00:41:56,280
2707 block inside of an a weekly bullish order flow, okay? That's
2708
2709 678
2710 00:41:56,340 ~-~-> 00:41:59,610
2711 how I trust the level to be a support level and not be
2712
2713 679
2714 00:41:59,610 ~-~-> 00:42:03,780
2715 violated. Okay, now, again, because we trade in the gray. In
2716
2717 680
2718 00:42:03,780 ~-~-> 00:42:07,440
2719 other words, we don't trade with the perfection of black and
2720
2721 681
2722 00:42:07,440 ~-~-> 00:42:11,070
2723 white, we have to tray trade in between that, okay? And it's
2724
2725 682
2726 00:42:11,070 ~-~-> 00:42:16,350
2727 going to be a lot of times on clear. But we trust our
2728
2729 683
2730 00:42:16,470 ~-~-> 00:42:19,410
2731 understanding of what the marketplace gives us over a large
2732
2733 684
2734 00:42:19,410 ~-~-> 00:42:22,350
2735 sample size of doing the same thing over and over and over
2736
2737 685
2738 00:42:22,350 ~-~-> 00:42:27,780
2739 again, building a reference point of trust and the tools,
2740
2741 686
2742 00:42:27,840 ~-~-> 00:42:30,000
2743 okay, again, this is the reason why you simply can't watch
2744
2745 687
2746 00:42:30,000 ~-~-> 00:42:32,850
2747 these videos and go out and start making 32% a month, okay?
2748
2749 688
2750 00:42:32,850 ~-~-> 00:42:34,560
2751 It's not it's not going to happen like that. You have to
2752
2753 689
2754 00:42:34,560 ~-~-> 00:42:38,190
2755 spend some time warming up to the tools owning them, making
2756
2757 690
2758 00:42:38,190 ~-~-> 00:42:41,850
2759 them your own, okay. But this is the framework that I
2760
2761 691
2762 00:42:41,850 ~-~-> 00:42:45,450
2763 utilize the trust a support level, if, if the order blocks
2764
2765 692
2766 00:42:45,450 ~-~-> 00:42:48,660
2767 are being respected on the bullish side, support levels
2768
2769 693
2770 00:42:48,660 ~-~-> 00:42:52,350
2771 around that order block should maintain, okay, it's that
2772
2773 694
2774 00:42:52,350 ~-~-> 00:42:58,290
2775 simple. It's no real Voodoo to it. Price rallies up strongly
2776
2777 695
2778 00:43:01,230 ~-~-> 00:43:04,290
2779 You can see we had more of a consolidation here. And again
2780
2781 696
2782 00:43:04,320 ~-~-> 00:43:08,160
2783 back here, we saw that support level that we have identified
2784
2785 697
2786 00:43:08,160 ~-~-> 00:43:11,610
2787 here, okay, that we expect it to be a solid support line and
2788
2789 698
2790 00:43:11,610 ~-~-> 00:43:15,360
2791 should maintain price above it. And you see a very, very
2792
2793 699
2794 00:43:15,360 ~-~-> 00:43:20,220
2795 huge extrapolated move on the upside. Okay, now think we're
2796
2797 700
2798 00:43:20,220 ~-~-> 00:43:24,060
2799 seeing the biggest moves with the shortest amount of time
2800
2801 701
2802 00:43:24,060 ~-~-> 00:43:28,260
2803 happening going lower or going higher, going higher. Okay,
2804
2805 702
2806 00:43:28,560 ~-~-> 00:43:31,320
2807 the order blocks on the bullish side of the markets, places
2808
2809 703
2810 00:43:31,320 ~-~-> 00:43:34,290
2811 being respected, a great deal, and that's what you're
2812
2813 704
2814 00:43:34,290 ~-~-> 00:43:38,040
2815 looking for. That's the that's behind the peels of the onion
2816
2817 705
2818 00:43:38,040 ~-~-> 00:43:41,190
2819 you're looking for. You're investigating not only trading
2820
2821 706
2822 00:43:41,190 ~-~-> 00:43:45,330
2823 the market and you're investigating on a daily basis, what's
2824
2825 707
2826 00:43:45,330 ~-~-> 00:43:48,870
2827 being respected. Okay, if we're on a weekly order block, and
2828
2829 708
2830 00:43:48,900 ~-~-> 00:43:51,900
2831 I'm sorry, a weekly order flood is bullish, and we have
2832
2833 709
2834 00:43:51,960 ~-~-> 00:43:55,800
2835 order blocks on a daily four hour and one hour chart being
2836
2837 710
2838 00:43:55,800 ~-~-> 00:43:59,250
2839 respected. How would you ever feel comfortable going short
2840
2841 711
2842 00:43:59,250 ~-~-> 00:44:02,220
2843 in that condition? Why would you want to do that? Even if
2844
2845 712
2846 00:44:02,220 ~-~-> 00:44:05,160
2847 you're a day trader? Why would you want to do that? It just
2848
2849 713
2850 00:44:05,160 ~-~-> 00:44:08,400
2851 goes against the grain. Why would you do that? Hopefully
2852
2853 714
2854 00:44:08,430 ~-~-> 00:44:11,700
2855 with this video series in the previous with the sniper
2856
2857 715
2858 00:44:11,700 ~-~-> 00:44:15,210
2859 series, you'll see that going against the grain many times
2860
2861 716
2862 00:44:15,300 ~-~-> 00:44:18,720
2863 is just not worth it, even if it's, you know, because you
2864
2865 717
2866 00:44:18,720 ~-~-> 00:44:21,900
2867 see something that you've missed on the long side. Well, I
2868
2869 718
2870 00:44:21,900 ~-~-> 00:44:23,850
2871 want to I want to be a seller because I missed a big moose
2872
2873 719
2874 00:44:23,880 ~-~-> 00:44:27,810
2875 catch me a little bit of a retracement. Why, why not to sit
2876
2877 720
2878 00:44:27,810 ~-~-> 00:44:31,650
2879 back and turn it computers off, go watch a movie, go read a
2880
2881 721
2882 00:44:31,650 ~-~-> 00:44:34,260
2883 book, go spend time with your spouse or kids and then come
2884
2885 722
2886 00:44:34,260 ~-~-> 00:44:37,320
2887 back and wait for when the market participants are lining up
2888
2889 723
2890 00:44:37,320 ~-~-> 00:44:39,810
2891 the next move going higher with a bullish order block inside
2892
2893 724
2894 00:44:39,810 ~-~-> 00:44:43,650
2895 this weekly order flow that's bullish. Okay. It gives you
2896
2897 725
2898 00:44:43,650 ~-~-> 00:44:48,270
2899 that patience factor that's so hard to grab ahold of as a
2900
2901 726
2902 00:44:48,270 ~-~-> 00:44:54,630
2903 new trader that that skill set is learned by just getting in
2904
2905 727
2906 00:44:54,630 ~-~-> 00:44:58,800
2907 the marketplace and doing it. It really the patient's is
2908
2909 728
2910 00:44:58,800 ~-~-> 00:45:03,330
2911 honed by the not Doing it okay to doing the lack thereof of
2912
2913 729
2914 00:45:03,330 ~-~-> 00:45:08,340
2915 doing it. Okay, if you will. So we have price again, giving
2916
2917 730
2918 00:45:08,340 ~-~-> 00:45:10,350
2919 us more more opportunity. Now again, I'm showing you a
2920
2921 731
2922 00:45:10,350 ~-~-> 00:45:13,770
2923 completely naked approach. I just gave you one example how I
2924
2925 732
2926 00:45:13,770 ~-~-> 00:45:16,740
2927 classify and qualify a support level or resistance level.
2928
2929 733
2930 00:45:16,740 ~-~-> 00:45:20,880
2931 Same way just reversing it. But we're looking at pure naked
2932
2933 734
2934 00:45:20,880 ~-~-> 00:45:25,860
2935 trading. Absolutely. No indicators. Absolutely no Fibonacci,
2936
2937 735
2938 00:45:26,010 ~-~-> 00:45:26,700
2939 no.
2940
2941 736
2942 00:45:27,179 ~-~-> 00:45:30,299
2943 pivots, No, none of that stuff. Okay. I want you to look at
2944
2945 737
2946 00:45:30,299 ~-~-> 00:45:35,429
2947 the inherent nature, price behavior repeats over and over
2948
2949 738
2950 00:45:35,429 ~-~-> 00:45:40,019
2951 and over again. Okay. Price comes down, rallies off sharply.
2952
2953 739
2954 00:45:40,259 ~-~-> 00:45:42,749
2955 Okay. So if you sat down to chart and say, well look at
2956
2957 740
2958 00:45:42,749 ~-~-> 00:45:46,439
2959 this, this is really running up. Many times new traders so
2960
2961 741
2962 00:45:46,439 ~-~-> 00:45:48,179
2963 look at this, we're making a bull flag I'm going to buy
2964
2965 742
2966 00:45:48,209 ~-~-> 00:45:52,859
2967 don't buy expecting the repeat of this move to here to be
2968
2969 743
2970 00:45:52,859 ~-~-> 00:45:56,789
2971 replicated here and go up higher. It didn't do it here. You
2972
2973 744
2974 00:45:56,789 ~-~-> 00:45:58,769
2975 as a professional trader say, Hey, you know what, I've
2976
2977 745
2978 00:45:58,769 ~-~-> 00:46:01,079
2979 watched inner circle traders. You scout sniper series and on
2980
2981 746
2982 00:46:01,079 ~-~-> 00:46:07,259
2983 Now watch this new precision concepts series. I know this up
2984
2985 747
2986 00:46:07,259 ~-~-> 00:46:11,249
2987 here, these are inflated prices. I'm not paying inflated
2988
2989 748
2990 00:46:11,249 ~-~-> 00:46:14,909
2991 prices, okay, I'm not willing to do that. I want to sit back
2992
2993 749
2994 00:46:14,999 ~-~-> 00:46:19,229
2995 and get a better deal on being a buyer. Okay because think
2996
2997 750
2998 00:46:19,229 ~-~-> 00:46:22,289
2999 about it, if this is your point of origin down here, okay,
3000
3001 751
3002 00:46:22,289 ~-~-> 00:46:25,619
3003 this is where the market took off. Inside this bearish
3004
3005 752
3006 00:46:25,619 ~-~-> 00:46:29,519
3007 candle is where all the Smart Money was buying. Granted they
3008
3009 753
3010 00:46:29,519 ~-~-> 00:46:32,069
3011 may have been buying more and more more here, but I promise
3012
3013 754
3014 00:46:32,069 ~-~-> 00:46:34,679
3015 you the majority of their buy order was facilitated during
3016
3017 755
3018 00:46:34,679 ~-~-> 00:46:38,819
3019 this bearish candle probably if not, if at all majority of
3020
3021 756
3022 00:46:38,819 ~-~-> 00:46:43,199
3023 it being in the lower third of the candle itself. So if you
3024
3025 757
3026 00:46:43,199 ~-~-> 00:46:50,579
3027 look at the order block, we add that here to tie the first
3028
3029 758
3030 00:46:50,579 ~-~-> 00:46:56,759
3031 bearish candle going right before the moves, begin. Market
3032
3033 759
3034 00:46:56,759 ~-~-> 00:46:59,429
3035 drops back down inside of that, okay, and again, I'm not
3036
3037 760
3038 00:46:59,429 ~-~-> 00:47:02,039
3039 going to apply it Fibonacci is here, guys. I want this to be
3040
3041 761
3042 00:47:02,039 ~-~-> 00:47:07,079
3043 pure and simply focused on the price action alone. I don't
3044
3045 762
3046 00:47:07,079 ~-~-> 00:47:09,509
3047 want to have any kind of muddled charts, I don't want to
3048
3049 763
3050 00:47:09,509 ~-~-> 00:47:12,269
3051 look it look like I'm cherry picking it and make it look
3052
3053 764
3054 00:47:12,269 ~-~-> 00:47:15,689
3055 perfect for you. I'm showing you what it is you're looking
3056
3057 765
3058 00:47:15,689 ~-~-> 00:47:19,409
3059 for why you're looking for it when you're looking for, okay,
3060
3061 766
3062 00:47:19,709 ~-~-> 00:47:22,679
3063 again, don't lose sight that we're in this larger gray
3064
3065 767
3066 00:47:22,679 ~-~-> 00:47:26,999
3067 shaded area where what the weekly order flow is bullish.
3068
3069 768
3070 00:47:27,629 ~-~-> 00:47:31,409
3071 Okay, I could care less if I'm going to be a short term
3072
3073 769
3074 00:47:31,409 ~-~-> 00:47:35,909
3075 trader, or if I'm going to be an intraday swing trader. This
3076
3077 770
3078 00:47:35,909 ~-~-> 00:47:39,479
3079 is the type of setup that you're looking for. Okay, price
3080
3081 771
3082 00:47:39,479 ~-~-> 00:47:43,079
3083 comes back down. And we're going to look for the order block
3084
3085 772
3086 00:47:43,079 ~-~-> 00:47:46,229
3087 to be fulfilled as a buy right here. We dipped back down
3088
3089 773
3090 00:47:46,229 ~-~-> 00:47:48,839
3091 inside of this. Okay, you can pull your fit from here to
3092
3093 774
3094 00:47:48,839 ~-~-> 00:47:52,889
3095 here. Look on your daily pivots, look for some confluence of
3096
3097 775
3098 00:47:53,039 ~-~-> 00:47:56,039
3099 supporting factors around here. But we're also trading about
3100
3101 776
3102 00:47:56,069 ~-~-> 00:48:00,299
3103 what level the 134 80 level that's an institution level
3104
3105 777
3106 00:48:00,299 ~-~-> 00:48:03,929
3107 that's one we'd like to see. Okay, price bounces off at
3108
3109 778
3110 00:48:03,929 ~-~-> 00:48:07,049
3111 comes back down one more time dips into this order block.
3112
3113 779
3114 00:48:07,379 ~-~-> 00:48:10,889
3115 Now we're going to scroll forward and see, you think that's
3116
3117 780
3118 00:48:10,889 ~-~-> 00:48:14,849
3119 a price reaction that's it's worthy of your attention.
3120
3121 781
3122 00:48:15,419 ~-~-> 00:48:19,349
3123 Again, we're looking at just simply looking at weekly order
3124
3125 782
3126 00:48:19,349 ~-~-> 00:48:23,819
3127 flow as a framework of determining where we should be doing
3128
3129 783
3130 00:48:23,819 ~-~-> 00:48:27,569
3131 our buying or selling. Okay? And by having that we're
3132
3133 784
3134 00:48:27,569 ~-~-> 00:48:31,349
3135 limiting our focus really only on one side of the
3136
3137 785
3138 00:48:31,349 ~-~-> 00:48:35,069
3139 marketplace. We won't be lulled into thinking we need to be
3140
3141 786
3142 00:48:35,069 ~-~-> 00:48:38,849
3143 a bear. And we're okay with price moves dropping lower,
3144
3145 787
3146 00:48:38,939 ~-~-> 00:48:41,519
3147 okay, because that's doing what for us. It's setting up a
3148
3149 788
3150 00:48:41,519 ~-~-> 00:48:45,689
3151 next potential buy. Okay, and that's a very handsome move
3152
3153 789
3154 00:48:45,689 ~-~-> 00:48:50,609
3155 right here. And I mean, that's a decent move. That's what is
3156
3157 790
3158 00:48:50,609 ~-~-> 00:48:56,429
3159 that 1020 3040 5060 7080 almost 90 pips made available to
3160
3161 791
3162 00:48:56,429 ~-~-> 00:49:00,449
3163 you just simply using this concept of understanding Higher
3164
3165 792
3166 00:49:00,449 ~-~-> 00:49:03,839
3167 timeframe order flow, looking for order blocks and a lower
3168
3169 793
3170 00:49:03,839 ~-~-> 00:49:08,579
3171 timeframe to support the idea of buying, okay, but more
3172
3173 794
3174 00:49:08,579 ~-~-> 00:49:12,029
3175 importantly, that goes along with our title of the series.
3176
3177 795
3178 00:49:12,299 ~-~-> 00:49:16,529
3179 Look how precise Okay, look how precise these reactions are
3180
3181 796
3182 00:49:16,529 ~-~-> 00:49:22,799
3183 occurring exactly where we're expecting to see. I'm going to
3184
3185 797
3186 00:49:22,799 ~-~-> 00:49:30,959
3187 show you I'm going to give you a view on how much this is
3188
3189 798
3190 00:49:30,959 ~-~-> 00:49:34,889
3191 our order block, okay, and it dipped down to the tune of
3192
3193 799
3194 00:49:35,969 ~-~-> 00:49:39,899
3195 looking at five pips. It only moves five pips into the order
3196
3197 800
3198 00:49:39,899 ~-~-> 00:49:43,319
3199 block. Okay? So that means if you're buying inside this
3200
3201 801
3202 00:49:43,319 ~-~-> 00:49:45,839
3203 order block and you can just put a stop below here, we're
3204
3205 802
3206 00:49:45,839 ~-~-> 00:49:48,389
3207 going to say 10 pips I'm going to be fair, I could say you
3208
3209 803
3210 00:49:48,389 ~-~-> 00:49:51,659
3211 five pips but I don't want it to be too perfect. We're going
3212
3213 804
3214 00:49:51,659 ~-~-> 00:49:55,259
3215 to say we're buying right at the order block. Okay, so in
3216
3217 805
3218 00:49:55,259 ~-~-> 00:49:57,479
3219 order to want to allow the marketplace to trade to this
3220
3221 806
3222 00:49:57,479 ~-~-> 00:50:02,639
3223 point, it's got to go at least, I guess the general mean is
3224
3225 807
3226 00:50:02,669 ~-~-> 00:50:06,569
3227 about three pips for most retail platforms but if you if
3228
3229 808
3230 00:50:06,569 ~-~-> 00:50:11,489
3231 you're buying down here you're going to get your fill here's
3232
3233 809
3234 00:50:11,489 ~-~-> 00:50:17,399
3235 the low and we go 10 pips below that. Your stops around
3236
3237 810
3238 00:50:17,399 ~-~-> 00:50:24,209
3239 134 50 Okay, so that's not bad and it's less than a 30 PIP
3240
3241 811
3242 00:50:24,209 ~-~-> 00:50:26,099
3243 stop that's 21 pips
3244
3245 812
3246 00:50:27,570 ~-~-> 00:50:31,740
3247 to get this type of move so who out in the audience would
3248
3249 813
3250 00:50:31,770 ~-~-> 00:50:35,730
3251 would say you know, part of my expression but screw you ICT
3252
3253 814
3254 00:50:35,730 ~-~-> 00:50:38,940
3255 I don't want to make 90 pips and risk 25 you know, how dare
3256
3257 815
3258 00:50:38,940 ~-~-> 00:50:42,570
3259 you ask me something like that is that that's the mindset
3260
3261 816
3262 00:50:42,570 ~-~-> 00:50:45,720
3263 that you know you should be adopting, okay going into this
3264
3265 817
3266 00:50:45,720 ~-~-> 00:50:47,850
3267 because when you're looking for three to one setups like
3268
3269 818
3270 00:50:47,850 ~-~-> 00:50:54,120
3271 this, it really perpetuates your, your equity curve to
3272
3273 819
3274 00:50:54,120 ~-~-> 00:50:56,280
3275 higher heights than you probably have ever expected to be
3276
3277 820
3278 00:50:56,280 ~-~-> 00:51:02,220
3279 able to see also, again, Can't stress the level of
3280
3281 821
3282 00:51:02,520 ~-~-> 00:51:05,970
3283 confidence that you have as a trader, when you apply these
3284
3285 822
3286 00:51:05,970 ~-~-> 00:51:11,280
3287 concepts routinely, you stay within the roles of what they
3288
3289 823
3290 00:51:11,310 ~-~-> 00:51:14,370
3291 are requiring you to do. And by looking at the marketplace
3292
3293 824
3294 00:51:14,400 ~-~-> 00:51:17,490
3295 with an understanding of what it is you're doing, why you're
3296
3297 825
3298 00:51:17,490 ~-~-> 00:51:20,610
3299 doing it, and the times of the day that you're expecting
3300
3301 826
3302 00:51:20,610 ~-~-> 00:51:23,730
3303 these things to occur as well. Okay? So again, I'm not
3304
3305 827
3306 00:51:23,730 ~-~-> 00:51:28,920
3307 trying to give you the whole recanting of the sniper series
3308
3309 828
3310 00:51:28,920 ~-~-> 00:51:32,100
3311 here, but go back through that video series. If you've if
3312
3313 829
3314 00:51:32,100 ~-~-> 00:51:34,320
3315 you've gone through it once or twice, do it again. And then
3316
3317 830
3318 00:51:34,320 ~-~-> 00:51:36,450
3319 come back to this video series one more time and I promise
3320
3321 831
3322 00:51:36,450 ~-~-> 00:51:40,710
3323 you the ideas will dovetail so uniformly, when you look at
3324
3325 832
3326 00:51:40,710 ~-~-> 00:51:42,660
3327 the price charts, you're going to absolutely fall off your
3328
3329 833
3330 00:51:42,660 ~-~-> 00:51:44,790
3331 chair and say, You know what, man, this has been right here
3332
3333 834
3334 00:51:44,790 ~-~-> 00:51:47,100
3335 the whole time staring me in the face, but you don't
3336
3337 835
3338 00:51:47,160 ~-~-> 00:51:51,690
3339 understand it. It's like reading music. Okay. I couldn't
3340
3341 836
3342 00:51:51,690 ~-~-> 00:51:54,990
3343 read music to save my life. Okay, I have a son that plays
3344
3345 837
3346 00:51:54,990 ~-~-> 00:51:58,950
3347 the trombone. Why he picked that instrument? I don't know.
3348
3349 838
3350 00:51:59,820 ~-~-> 00:52:04,800
3351 But He can read sheet music. And to me it looks like it's in
3352
3353 839
3354 00:52:04,830 ~-~-> 00:52:07,890
3355 hieroglyphic form. I can't get anything out of that stuff
3356
3357 840
3358 00:52:07,890 ~-~-> 00:52:09,720
3359 but he can look at the sheets all you have to do to do and
3360
3361 841
3362 00:52:09,720 ~-~-> 00:52:12,720
3363 he starts playing it right away. When you look at the the
3364
3365 842
3366 00:52:12,720 ~-~-> 00:52:19,380
3367 price charts, okay. Linda, from the book, street smarts made
3368
3369 843
3370 00:52:19,380 ~-~-> 00:52:24,300
3371 a very good analogy. She She plays piano and she reviews the
3372
3373 844
3374 00:52:24,300 ~-~-> 00:52:27,450
3375 marketplace as like reading musical notes. Okay, and she
3376
3377 845
3378 00:52:27,450 ~-~-> 00:52:31,320
3379 knows how to interpret what it is that price charts. are you
3380
3381 846
3382 00:52:31,590 ~-~-> 00:52:35,850
3383 communicating to her? To me, I just look at price. You know
3384
3385 847
3386 00:52:35,850 ~-~-> 00:52:40,950
3387 how I communicate to you I adopted this sniper persona, not
3388
3389 848
3390 00:52:40,950 ~-~-> 00:52:43,440
3391 because it sounds cool, and I'm a guy. It just happens to be
3392
3393 849
3394 00:52:43,470 ~-~-> 00:52:47,190
3395 a bonus. But to me, this makes perfect sense. I lie in wait.
3396
3397 850
3398 00:52:47,490 ~-~-> 00:52:51,840
3399 I want to see price come to me. When that prey steps into my
3400
3401 851
3402 00:52:51,840 ~-~-> 00:52:56,880
3403 scope. It's going down. Okay, I might have to shoot one more
3404
3405 852
3406 00:52:56,880 ~-~-> 00:53:00,000
3407 time to ultimately get it. Okay, but I'm going to shoot
3408
3409 853
3410 00:53:00,570 ~-~-> 00:53:03,720
3411 Nonetheless, when it steps into my scope, I'm not painting
3412
3413 854
3414 00:53:03,720 ~-~-> 00:53:07,560
3415 all around with my scope. Okay, I'm waiting for it to come
3416
3417 855
3418 00:53:07,590 ~-~-> 00:53:10,470
3419 out in the clear that specific time because I've done my
3420
3421 856
3422 00:53:10,470 ~-~-> 00:53:13,620
3423 reconnaissance, I've waited for this thing to drop down.
3424
3425 857
3426 00:53:14,010 ~-~-> 00:53:16,800
3427 Okay, I've waited for it to come down into a time where it
3428
3429 858
3430 00:53:16,800 ~-~-> 00:53:20,130
3431 shown a pattern to repeatedly come back to over and over
3432
3433 859
3434 00:53:20,130 ~-~-> 00:53:23,490
3435 again like a mouse going to cheese, okay? When it comes down
3436
3437 860
3438 00:53:23,490 ~-~-> 00:53:26,160
3439 to this timeframe, and it enters what time frame of the day,
3440
3441 861
3442 00:53:27,030 ~-~-> 00:53:32,190
3443 it is during the London close. This is a timeframe where we
3444
3445 862
3446 00:53:32,190 ~-~-> 00:53:36,210
3447 expect things to happen. Okay. So when you see that there's
3448
3449 863
3450 00:53:36,210 ~-~-> 00:53:38,880
3451 a reason to expect the markets to do something, not simply
3452
3453 864
3454 00:53:38,880 ~-~-> 00:53:41,790
3455 because well, I got off of work early, or I faked like I was
3456
3457 865
3458 00:53:41,790 ~-~-> 00:53:44,310
3459 sick and got a stomach flu. A boss thinks I'm going to bed
3460
3461 866
3462 00:53:44,310 ~-~-> 00:53:46,590
3463 but I'm really going home to trade British Pound because,
3464
3465 867
3466 00:53:46,650 ~-~-> 00:53:49,830
3467 you know, the last video I saw just has me so stoked on the
3468
3469 868
3470 00:53:49,830 ~-~-> 00:53:52,800
3471 mix, like extra money. That's not what that's no, that's no
3472
3473 869
3474 00:53:52,800 ~-~-> 00:53:55,350
3475 way to trade. It's no way to go into this business. Okay,
3476
3477 870
3478 00:53:55,380 ~-~-> 00:53:59,310
3479 again, you want to be completely focused as to what it is
3480
3481 871
3482 00:53:59,310 ~-~-> 00:54:01,740
3483 you're doing. Why You're doing it when you're doing it with
3484
3485 872
3486 00:54:01,740 ~-~-> 00:54:05,280
3487 a premise behind it that is unmovable. Regardless of what I
3488
3489 873
3490 00:54:05,280 ~-~-> 00:54:07,920
3491 say in the forums, what I say in my videos, what I say in my
3492
3493 874
3494 00:54:07,920 ~-~-> 00:54:10,140
3495 commentary what anybody else says, doesn't matter who they
3496
3497 875
3498 00:54:10,140 ~-~-> 00:54:14,280
3499 are, okay? It does not matter, you are unwavering in your
3500
3501 876
3502 00:54:14,280 ~-~-> 00:54:17,520
3503 analysis, you stick to it, that's when you move to a whole
3504
3505 877
3506 00:54:17,520 ~-~-> 00:54:21,720
3507 new level of trading, where it just can't be understood.
3508
3509 878
3510 00:54:21,750 ~-~-> 00:54:24,510
3511 Until you get to that point, when you arrive at that level,
3512
3513 879
3514 00:54:24,510 ~-~-> 00:54:27,300
3515 you'll know exactly what it means to be completely confident
3516
3517 880
3518 00:54:27,300 ~-~-> 00:54:30,900
3519 and unshaken now, doesn't mean you're trading with 100%
3520
3521 881
3522 00:54:30,900 ~-~-> 00:54:34,980
3523 accuracy. It just means that when your loss comes, it
3524
3525 882
3526 00:54:34,980 ~-~-> 00:54:36,900
3527 doesn't affect you. Because number one, you know that
3528
3529 883
3530 00:54:36,900 ~-~-> 00:54:39,330
3531 they're going to be minimal. They're going to be controlled,
3532
3533 884
3534 00:54:39,570 ~-~-> 00:54:42,630
3535 they're going to be at the lower spectrum of overall risk to
3536
3537 885
3538 00:54:42,630 ~-~-> 00:54:47,640
3539 your asset. I'm sorry, you're out your equity. So if you
3540
3541 886
3542 00:54:47,640 ~-~-> 00:54:52,260
3543 have limited to a total percentage, you've totally limited
3544
3545 887
3546 00:54:52,260 ~-~-> 00:54:56,310
3547 it to the number or frequency of trading, you've limited it
3548
3549 888
3550 00:54:56,310 ~-~-> 00:54:59,640
3551 to two degree that you're only going to be focusing on one
3552
3553 889
3554 00:54:59,640 ~-~-> 00:55:01,860
3555 side of the world. Place, you're only going to be doing
3556
3557 890
3558 00:55:01,890 ~-~-> 00:55:05,400
3559 specific trades a specific time of day, a specific day of
3560
3561 891
3562 00:55:05,400 ~-~-> 00:55:07,770
3563 the week because we don't like to trade on Mondays. We don't
3564
3565 892
3566 00:55:07,770 ~-~-> 00:55:09,690
3567 like to trade on Sundays and we don't like to trade on
3568
3569 893
3570 00:55:09,690 ~-~-> 00:55:13,380
3571 Fridays, we've really focused on the sweet spot, if you
3572
3573 894
3574 00:55:13,380 ~-~-> 00:55:16,200
3575 will, to cherry pick Tuesday, Wednesday and Thursday setups,
3576
3577 895
3578 00:55:16,650 ~-~-> 00:55:19,770
3579 okay. Now it doesn't mean you can't take a Monday trade. It
3580
3581 896
3582 00:55:19,770 ~-~-> 00:55:21,630
3583 doesn't mean you can't take a trade on Friday.
3584
3585 897
3586 00:55:21,990 ~-~-> 00:55:24,780
3587 But I certainly advise you not to take a trade on Sunday
3588
3589 898
3590 00:55:24,780 ~-~-> 00:55:28,170
3591 because it's simply not enough liquidity to facilitate sound
3592
3593 899
3594 00:55:28,170 ~-~-> 00:55:31,080
3595 trading. Let's continue to move on going another rabbit
3596
3597 900
3598 00:55:31,080 ~-~-> 00:55:33,780
3599 trail apologize. I'm very passionate about this stuff.
3600
3601 901
3602 00:55:34,080 ~-~-> 00:55:36,900
3603 Obviously, you can hear that in my my delivery every time we
3604
3605 902
3606 00:55:36,900 ~-~-> 00:55:39,000
3607 get in here and start teaching versus just doing a market
3608
3609 903
3610 00:55:39,000 ~-~-> 00:55:43,770
3611 review. But we have this order block as well. Price comes
3612
3613 904
3614 00:55:43,770 ~-~-> 00:55:50,160
3615 back down into this order block and we could borrow this
3616
3617 905
3618 00:55:50,160 ~-~-> 00:55:57,960
3619 level here, make another copy of it little trendline here
3620
3621 906
3622 00:56:01,230 ~-~-> 00:56:07,830
3623 added to our bearish candle of our bullish order block.
3624
3625 907
3626 00:56:07,980 ~-~-> 00:56:11,430
3627 Again, we're looking for the speed at which it moves away
3628
3629 908
3630 00:56:11,430 ~-~-> 00:56:15,510
3631 from the level. That's as a qualifier for these, okay? And
3632
3633 909
3634 00:56:15,510 ~-~-> 00:56:20,040
3635 we're also looking at the time at which is spent at that.
3636
3637 910
3638 00:56:20,160 ~-~-> 00:56:26,160
3639 Okay? If it's meandering around, okay, it's man around long
3640
3641 911
3642 00:56:26,160 ~-~-> 00:56:30,780
3643 period of time, okay? That's not a lot of institutional
3644
3645 912
3646 00:56:30,780 ~-~-> 00:56:33,600
3647 buying that you're gonna be able to measure. Okay? You won't
3648
3649 913
3650 00:56:33,600 ~-~-> 00:56:35,970
3651 be able to see that as a footprint in a chart, if you will
3652
3653 914
3654 00:56:35,970 ~-~-> 00:56:39,810
3655 of smart money. This is an elephant footprint. Okay, but
3656
3657 915
3658 00:56:39,810 ~-~-> 00:56:42,150
3659 we're already establishing a long position. So we we
3660
3661 916
3662 00:56:42,150 ~-~-> 00:56:46,770
3663 expected this. Okay. price drops back down. Where's it drop
3664
3665 917
3666 00:56:46,770 ~-~-> 00:56:51,450
3667 into previous order block? Okay, boom. Not much in terms of
3668
3669 918
3670 00:56:51,600 ~-~-> 00:56:55,770
3671 movement below that. trendline. Okay. delineating our order
3672
3673 919
3674 00:56:55,770 ~-~-> 00:57:02,460
3675 block and price rallies off again. Okay. So, just in a quick
3676
3677 920
3678 00:57:02,700 ~-~-> 00:57:06,720
3679 span of 15 minutes, we've shown several opportunities in a
3680
3681 921
3682 00:57:06,720 ~-~-> 00:57:12,390
3683 short period of time. very consistent, very aggressive, very
3684
3685 922
3686 00:57:12,600 ~-~-> 00:57:17,490
3687 explosive. price moves on the upside. just focusing on what
3688
3689 923
3690 00:57:17,490 ~-~-> 00:57:20,670
3691 side of the market. Remember, we're inside this shaded area,
3692
3693 924
3694 00:57:20,670 ~-~-> 00:57:24,060
3695 the shaded areas indicating what we were in a weekly bullish
3696
3697 925
3698 00:57:24,060 ~-~-> 00:57:27,630
3699 order flow. Again, we're trusting the fact that the weekly
3700
3701 926
3702 00:57:27,630 ~-~-> 00:57:31,500
3703 order flow is going to stay intact. Yes, we're willing to
3704
3705 927
3706 00:57:31,500 ~-~-> 00:57:35,190
3707 allow the market to drop down, but we view every decline as
3708
3709 928
3710 00:57:35,190 ~-~-> 00:57:38,970
3711 a potential buying opportunity. If it qualifies time and
3712
3713 929
3714 00:57:38,970 ~-~-> 00:57:43,770
3715 price theory, if it qualifies goes into a daily four hour or
3716
3717 930
3718 00:57:43,770 ~-~-> 00:57:47,880
3719 one hour order block that's bullish. Okay. See how these
3720
3721 931
3722 00:57:47,880 ~-~-> 00:57:51,450
3723 things start to dovetail. You'll start understanding it when
3724
3725 932
3726 00:57:51,450 ~-~-> 00:57:53,670
3727 you see it over and over again. It's simply this not enough
3728
3729 933
3730 00:57:53,670 ~-~-> 00:57:56,070
3731 me showing you two examples. In hindsight, that's when you
3732
3733 934
3734 00:57:56,070 ~-~-> 00:57:59,790
3735 start seeing it in real time. It's amazing how fast you're
3736
3737 935
3738 00:57:59,850 ~-~-> 00:58:02,550
3739 learning Standing grows exponentially because you're
3740
3741 936
3742 00:58:02,550 ~-~-> 00:58:08,250
3743 actually putting these concepts to practice. Okay? We have
3744
3745 937
3746 00:58:08,250 ~-~-> 00:58:12,480
3747 another decline in here, okay? And were to dip down into a
3748
3749 938
3750 00:58:12,480 ~-~-> 00:58:17,640
3751 previous order block right in here. Let's bar this level.
3752
3753 939
3754 00:58:28,260 ~-~-> 00:58:33,240
3755 Okay? We're here the high price comes right down into that
3756
3757 940
3758 00:58:33,240 ~-~-> 00:58:36,960
3759 level, boom. Okay? Now again, this is the reason why you
3760
3761 941
3762 00:58:36,960 ~-~-> 00:58:40,830
3763 have to always incorporate the spread. You have to do that.
3764
3765 942
3766 00:58:40,950 ~-~-> 00:58:44,220
3767 Okay? And I'm resisting the urge that this really won the
3768
3769 943
3770 00:58:44,220 ~-~-> 00:58:46,830
3771 grab of Fibonacci just to justify this setup here, but I'm
3772
3773 944
3774 00:58:46,830 ~-~-> 00:58:48,930
3775 going to refrain from doing that you can do that in your own
3776
3777 945
3778 00:58:48,930 ~-~-> 00:58:52,170
3779 charts. Okay, but looking at the overall price structure,
3780
3781 946
3782 00:58:52,800 ~-~-> 00:58:56,850
3783 okay, from low to high. You'll see all of what you need to
3784
3785 947
3786 00:58:56,850 ~-~-> 00:59:01,560
3787 see in here in terms of developing the entry point. For this
3788
3789 948
3790 00:59:01,560 ~-~-> 00:59:03,960
3791 particular setup, if you were looking to trade it, I'm going
3792
3793 949
3794 00:59:03,960 ~-~-> 00:59:06,960
3795 to ask you real quick look to the right. And what price
3796
3797 950
3798 00:59:06,960 ~-~-> 00:59:11,460
3799 level is this reaction occurring? That's correct. It's at
3800
3801 951
3802 00:59:11,460 ~-~-> 00:59:16,110
3803 the 135. Big figure. Okay, right here, boom. It blasts off.
3804
3805 952
3806 00:59:16,440 ~-~-> 00:59:20,700
3807 Now again, this is this is what I want you to really walk
3808
3809 953
3810 00:59:20,700 ~-~-> 00:59:25,500
3811 away from this module with Yes, price moves from this high
3812
3813 954
3814 00:59:25,500 ~-~-> 00:59:28,770
3815 down to this low. Okay, granted, those that were indicating,
3816
3817 955
3818 00:59:29,070 ~-~-> 00:59:31,350
3819 you know, bearishness up here maybe went short up here.
3820
3821 956
3822 00:59:31,890 ~-~-> 00:59:35,310
3823 Okay, wrote this down. Sure. Wonderful. I applaud you. Okay.
3824
3825 957
3826 00:59:35,550 ~-~-> 00:59:39,330
3827 It was slow meandering eventually got down to it. Okay. But
3828
3829 958
3830 00:59:39,330 ~-~-> 00:59:42,300
3831 eventually what happened? Boom, two professionals stepped in
3832
3833 959
3834 00:59:42,300 ~-~-> 00:59:45,930
3835 and did what bought the bargain pricing. Okay, just like
3836
3837 960
3838 00:59:45,930 ~-~-> 00:59:49,110
3839 they did down here. price dropped down into a bargain. Boom,
3840
3841 961
3842 00:59:49,170 ~-~-> 00:59:54,330
3843 took off. price dropped down, lower boom took off. Okay.
3844
3845 962
3846 00:59:54,720 ~-~-> 00:59:58,710
3847 These declines, are not retail sellers pushing the market
3848
3849 963
3850 00:59:58,710 ~-~-> 01:00:02,670
3851 lower. Okay, here's an here's a little nugget for you to
3852
3853 964
3854 01:00:02,670 ~-~-> 01:00:05,400
3855 keep in your notes when you're in a bullish condition,
3856
3857 965
3858 01:00:05,700 ~-~-> 01:00:09,150
3859 okay, expecting higher prices, when you see prices dropping
3860
3861 966
3862 01:00:09,150 ~-~-> 01:00:14,190
3863 lower. Okay? That's not indicative of smart money selling.
3864
3865 967
3866 01:00:15,300 ~-~-> 01:00:19,560
3867 In fact, it's a contrary, it's the lack of smart money
3868
3869 968
3870 01:00:19,590 ~-~-> 01:00:23,910
3871 buying, okay, retail market traders do not move the
3872
3873 969
3874 01:00:23,910 ~-~-> 01:00:28,140
3875 marketplace. Okay, we're just fleas on the big dogs. This
3876
3877 970
3878 01:00:28,140 ~-~-> 01:00:32,550
3879 price action is in parently directly related to the absence
3880
3881 971
3882 01:00:32,580 ~-~-> 01:00:36,600
3883 of large institutional buying much in the same capacity. See
3884
3885 972
3886 01:00:36,600 ~-~-> 01:00:42,960
3887 here, here in here. Okay, so when you see declining markets
3888
3889 973
3890 01:00:42,990 ~-~-> 01:00:46,650
3891 when it's overall bullish, as we've outlined here, again,
3892
3893 974
3894 01:00:46,770 ~-~-> 01:00:51,210
3895 these should be like red neon signs flashing Hello, hello,
3896
3897 975
3898 01:00:51,270 ~-~-> 01:00:54,360
3899 are you paying attention, okay, because this is about to go
3900
3901 976
3902 01:00:54,360 ~-~-> 01:00:57,270
3903 up and you need to be looking for the institutional order
3904
3905 977
3906 01:00:57,270 ~-~-> 01:01:01,290
3907 block, that this next price swing should be anchored to.
3908
3909 978
3910 01:01:01,620 ~-~-> 01:01:03,270
3911 Okay. And we're going to talk more about that when we get
3912
3913 979
3914 01:01:03,270 ~-~-> 01:01:07,440
3915 into the second module in this series but for now, let's
3916
3917 980
3918 01:01:07,440 ~-~-> 01:01:15,990
3919 continue moving forward. Okay, we have a bullish order block
3920
3921 981
3922 01:01:15,990 ~-~-> 01:01:18,060
3923 in here price didn't spend much time here and takes off
3924
3925 982
3926 01:01:18,060 ~-~-> 01:01:21,690
3927 rallies, okay, when drops back down into what the previous
3928
3929 983
3930 01:01:21,690 ~-~-> 01:01:24,600
3931 order block, we have a nice little pop in the marketplace
3932
3933 984
3934 01:01:24,600 ~-~-> 01:01:28,740
3935 right in here. Okay and eventually we again we move back
3936
3937 985
3938 01:01:28,740 ~-~-> 01:01:33,480
3939 into a decline in the marketplace again, there's no more new
3940
3941 986
3942 01:01:33,480 ~-~-> 01:01:35,370
3943 buying up in here. So what's going to happen the markets
3944
3945 987
3946 01:01:35,370 ~-~-> 01:01:39,900
3947 going to reprice and go lower, okay? Now, a neophyte will
3948
3949 988
3950 01:01:39,900 ~-~-> 01:01:42,060
3951 see this and say, Man, look at this thing, this is going
3952
3953 989
3954 01:01:42,060 ~-~-> 01:01:45,060
3955 straight to hell. I'm gonna go in here and so to maximum
3956
3957 990
3958 01:01:45,300 ~-~-> 01:01:48,120
3959 money that my account will permit me to do okay and because
3960
3961 991
3962 01:01:48,120 ~-~-> 01:01:50,760
3963 they saw this big bearish candle, okay, and they want to
3964
3965 992
3966 01:01:50,760 ~-~-> 01:01:53,280
3967 chase it because they're thinking this is some kind of a
3968
3969 993
3970 01:01:53,280 ~-~-> 01:01:56,670
3971 high Okay, or they watch my video and or read street smarts
3972
3973 994
3974 01:01:56,670 ~-~-> 01:01:58,650
3975 and said this is that three Indian pattern and last time we
3976
3977 995
3978 01:01:58,650 ~-~-> 01:02:01,380
3979 did that move 1000 points. So I'm going to go short and bet
3980
3981 996
3982 01:02:01,380 ~-~-> 01:02:06,480
3983 the farm okay? You as a professional should not be thinking
3984
3985 997
3986 01:02:06,480 ~-~-> 01:02:10,440
3987 that okay, what are you going to be doing? You're going to
3988
3989 998
3990 01:02:10,440 ~-~-> 01:02:16,830
3991 expect the market to move again higher moving from a bearish
3992
3993 999
3994 01:02:16,830 ~-~-> 01:02:22,530
3995 tone to bullish tone. Okay, we moved into a bullish order
3996
3997 1000
3998 01:02:22,530 ~-~-> 01:02:23,310
3999 block right here
4000
4001 1001
4002 01:02:30,510 ~-~-> 01:02:36,090
4003 did not dip into it, okay. We did try eventually trade down
4004
4005 1002
4006 01:02:36,090 ~-~-> 01:02:41,580
4007 into it here right in here, but this there's nothing really
4008
4009 1003
4010 01:02:41,610 ~-~-> 01:02:45,720
4011 to base this on we had a consolidation okay which means
4012
4013 1004
4014 01:02:45,720 ~-~-> 01:02:49,050
4015 below here would be stops, okay and we talked about this and
4016
4017 1005
4018 01:02:49,050 ~-~-> 01:02:53,190
4019 this might be the sniper series where if we have a
4020
4021 1006
4022 01:02:53,190 ~-~-> 01:02:57,270
4023 consolidation like this, okay, the dealers are working both
4024
4025 1007
4026 01:02:57,270 ~-~-> 01:03:00,630
4027 sides of the range and we're looking for it. There's going
4028
4029 1008
4030 01:03:00,630 ~-~-> 01:03:02,940
4031 to be eventually there's going to be an imbalance of buys
4032
4033 1009
4034 01:03:02,940 ~-~-> 01:03:09,480
4035 and sells, okay and wherever the most liquidity is, is to be
4036
4037 1010
4038 01:03:09,480 ~-~-> 01:03:12,330
4039 harvested from In other words, the path of least resistance
4040
4041 1011
4042 01:03:12,330 ~-~-> 01:03:16,530
4043 this is this is called that. We've seen the market rallying
4044
4045 1012
4046 01:03:16,530 ~-~-> 01:03:20,100
4047 rallying rallying stops would be below this low here. Okay?
4048
4049 1013
4050 01:03:20,370 ~-~-> 01:03:22,800
4051 So yes, there's a small pocket software here, but really,
4052
4053 1014
4054 01:03:22,800 ~-~-> 01:03:26,610
4055 it's this point right here. Okay, so eventually, the market
4056
4057 1015
4058 01:03:26,610 ~-~-> 01:03:30,480
4059 will dip down below as we see here. And we drop back a
4060
4061 1016
4062 01:03:30,480 ~-~-> 01:03:35,220
4063 little bit you can see is it that low since referring to
4064
4065 1017
4066 01:03:35,280 ~-~-> 01:03:38,190
4067 these two points of reference that we talked about in that
4068
4069 1018
4070 01:03:38,190 ~-~-> 01:03:40,710
4071 previous order block? Yes, we eventually traded down into
4072
4073 1019
4074 01:03:40,710 ~-~-> 01:03:43,530
4075 it, but this is too much of a break in market structure.
4076
4077 1020
4078 01:03:44,010 ~-~-> 01:03:49,740
4079 Okay, to facilitate not at least waiting for this market to
4080
4081 1021
4082 01:03:49,740 ~-~-> 01:03:52,050
4083 come down at least run these stops or maybe even a lower
4084
4085 1022
4086 01:03:52,050 ~-~-> 01:03:55,260
4087 level stop area. Okay, and price comes down and the debt
4088
4089 1023
4090 01:03:55,260 ~-~-> 01:04:00,000
4091 level rallies one more time. And again, we move back into an
4092
4093 1024
4094 01:04:00,000 ~-~-> 01:04:04,650
4095 We start hunting bullish order blocks. Here's one in here
4096
4097 1025
4098 01:04:05,280 ~-~-> 01:04:08,190
4099 are price rallies up sharply comes back down into the
4100
4101 1026
4102 01:04:08,190 ~-~-> 01:04:11,850
4103 previous bearish candle rallies one more time. We have
4104
4105 1027
4106 01:04:11,850 ~-~-> 01:04:16,140
4107 another one in here we have the price rallying up to the
4108
4109 1028
4110 01:04:16,140 ~-~-> 01:04:19,200
4111 bearish candle prior to it where the smart money would be
4112
4113 1029
4114 01:04:19,200 ~-~-> 01:04:27,030
4115 indicative of the bull camp. We could be placing that right
4116
4117 1030
4118 01:04:27,030 ~-~-> 01:04:31,080
4119 there it'd be nice if I left it there and it dropped its
4120
4121 1031
4122 01:04:31,800 ~-~-> 01:04:33,840
4123 price comes down into that we're back again and what does it
4124
4125 1032
4126 01:04:33,840 ~-~-> 01:04:36,990
4127 do it rallies off sharply. Okay, we have another one in
4128
4129 1033
4130 01:04:36,990 ~-~-> 01:04:40,860
4131 here. bearish candle price rallies up drops back down into
4132
4133 1034
4134 01:04:40,860 ~-~-> 01:04:44,700
4135 this previous order block rallies one more time. Okay. And
4136
4137 1035
4138 01:04:44,700 ~-~-> 01:04:47,520
4139 again, these are like 50 PIP moves guys. I mean, these
4140
4141 1036
4142 01:04:47,520 ~-~-> 01:04:51,180
4143 aren't little 10 PIP five Pip. New one hit wonders. These
4144
4145 1037
4146 01:04:51,180 ~-~-> 01:04:54,210
4147 are. These are something you can build careers off of on a
4148
4149 1038
4150 01:04:54,480 ~-~-> 01:04:57,990
4151 one shot one kill basis. If you catch this one of these a
4152
4153 1039
4154 01:04:57,990 ~-~-> 01:05:01,230
4155 week with the right amount of equity Management, you can
4156
4157 1040
4158 01:05:01,230 ~-~-> 01:05:03,960
4159 build a career on this, okay? And it's important that you
4160
4161 1041
4162 01:05:03,960 ~-~-> 01:05:07,560
4163 understand it because a lot of guys trades is simply fixed,
4164
4165 1042
4166 01:05:07,920 ~-~-> 01:05:12,600
4167 a fixed percentage of account trading. In other words, they
4168
4169 1043
4170 01:05:12,630 ~-~-> 01:05:14,790
4171 they only have a certain number of lots always on, they
4172
4173 1044
4174 01:05:14,790 ~-~-> 01:05:16,980
4175 don't do anything more than that. Okay? And there's no
4176
4177 1045
4178 01:05:16,980 ~-~-> 01:05:20,550
4179 reason why you should fear compounding your returns. If you
4180
4181 1046
4182 01:05:20,550 ~-~-> 01:05:22,770
4183 understand what it is you're doing, it just takes a short
4184
4185 1047
4186 01:05:22,770 ~-~-> 01:05:26,520
4187 period of time 18 to 24 months you can't even imagine what
4188
4189 1048
4190 01:05:26,520 ~-~-> 01:05:30,600
4191 that does numerically to an equity curve. If you're properly
4192
4193 1049
4194 01:05:31,260 ~-~-> 01:05:35,280
4195 positioned each time and keeping your wrist small, aiming
4196
4197 1050
4198 01:05:35,280 ~-~-> 01:05:38,910
4199 for three to one setups. It's absolutely astonishing what
4200
4201 1051
4202 01:05:38,910 ~-~-> 01:05:45,960
4203 you can do. Market breaks down Okay, and we don't really
4204
4205 1052
4206 01:05:45,960 ~-~-> 01:05:48,390
4207 have anything here without going to a higher timeframe.
4208
4209 1053
4210 01:05:48,540 ~-~-> 01:05:50,550
4211 Okay, but I'm gonna stick within this one hour timeframe.
4212
4213 1054
4214 01:05:50,670 ~-~-> 01:05:58,110
4215 Okay, we saw price rally up sharply. We have a bullish order
4216
4217 1055
4218 01:05:58,110 ~-~-> 01:06:00,660
4219 block in here price rallies away. dips back down into it
4220
4221 1056
4222 01:06:00,660 ~-~-> 01:06:04,080
4223 again. And we're able to capture this move. Okay, using the
4224
4225 1057
4226 01:06:04,080 ~-~-> 01:06:07,830
4227 tools. Again, I'm leaving out this because I could make the
4228
4229 1058
4230 01:06:07,830 ~-~-> 01:06:11,310
4231 case because I actually did this trade in, in a Live
4232
4233 1059
4234 01:06:11,310 ~-~-> 01:06:14,190
4235 account. But there's other indications back in here that you
4236
4237 1060
4238 01:06:14,190 ~-~-> 01:06:17,130
4239 could use on a higher four hour and daily chart to
4240
4241 1061
4242 01:06:17,130 ~-~-> 01:06:20,070
4243 understand what we did here. But that's not the point of
4244
4245 1062
4246 01:06:20,070 ~-~-> 01:06:25,560
4247 this installment here. But you have another rally in price.
4248
4249 1063
4250 01:06:26,340 ~-~-> 01:06:29,790
4251 Again, focusing on what the bullish side of the marketplace
4252
4253 1064
4254 01:06:29,820 ~-~-> 01:06:33,420
4255 because we're in a weekly bullish order flow, so 127 pips
4256
4257 1065
4258 01:06:33,480 ~-~-> 01:06:38,700
4259 right there. We have another bullish order block.
4260
4261 1066
4262 01:06:45,810 ~-~-> 01:06:48,060
4263 Okay, great in here, didn't quite get into it.
4264
4265 1067
4266 01:06:50,580 ~-~-> 01:06:53,070
4267 And we start to consolidate. Now this this is something
4268
4269 1068
4270 01:06:53,880 ~-~-> 01:06:56,430
4271 where if you see this at a price rally like this, and it's
4272
4273 1069
4274 01:06:56,430 ~-~-> 01:06:59,340
4275 consolidating like this, okay, the first thing you want to
4276
4277 1070
4278 01:06:59,340 ~-~-> 01:07:00,000
4279 be questioning is
4280
4281 1071
4282 01:07:00,030 ~-~-> 01:07:02,640
4283 Okay, where's the stops because that's the that's the next
4284
4285 1072
4286 01:07:02,640 ~-~-> 01:07:04,020
4287 thing they're going to be doing you're gonna be looking for
4288
4289 1073
4290 01:07:04,020 ~-~-> 01:07:08,490
4291 where the run out to participants or suck them into a long
4292
4293 1074
4294 01:07:08,520 ~-~-> 01:07:12,300
4295 period of correction. So there's stops above the market and
4296
4297 1075
4298 01:07:12,300 ~-~-> 01:07:15,960
4299 there's this low right here. So everyone that's long we're
4300
4301 1076
4302 01:07:15,960 ~-~-> 01:07:19,200
4303 going to be looking at this low and this low to be anchoring
4304
4305 1077
4306 01:07:19,200 ~-~-> 01:07:20,220
4307 their protective stops
4308
4309 1078
4310 01:07:23,490 ~-~-> 01:07:29,550
4311 there ran their ran, okay, but we have this range from this
4312
4313 1079
4314 01:07:29,580 ~-~-> 01:07:35,280
4315 low to this high with this bearish candle as a bullish order
4316
4317 1080
4318 01:07:35,280 ~-~-> 01:07:35,730
4319 block.
4320
4321 1081
4322 01:07:39,510 ~-~-> 01:07:43,500
4323 On this drop that their price comes down right into it
4324
4325 1082
4326 01:07:45,420 ~-~-> 01:07:46,500
4327 works around that level.
4328
4329 1083
4330 01:07:47,610 ~-~-> 01:07:51,270
4331 Okay, and eventually goes into non consolidation. We learned
4332
4333 1084
4334 01:07:51,270 ~-~-> 01:07:53,820
4335 in the sniper series that we look for a raid.
4336
4337 1085
4338 01:07:55,980 ~-~-> 01:07:58,740
4339 Ran stops and then move lower. Okay, so
4340
4341 1086
4342 01:08:00,599 ~-~-> 01:08:02,789
4343 There's really nothing in here to indicate any kind of
4344
4345 1087
4346 01:08:02,789 ~-~-> 01:08:05,459
4347 bullishness even though that we dropped down into the level
4348
4349 1088
4350 01:08:05,459 ~-~-> 01:08:10,229
4351 we didn't see the the rally outside of this here because
4352
4353 1089
4354 01:08:10,559 ~-~-> 01:08:13,259
4355 again I could say well look you know we have it okay because
4356
4357 1090
4358 01:08:13,259 ~-~-> 01:08:15,839
4359 this is a bearish candle prior that move higher and we dip
4360
4361 1091
4362 01:08:15,839 ~-~-> 01:08:19,439
4363 back down into it. But again I disqualify this because if
4364
4365 1092
4366 01:08:19,439 ~-~-> 01:08:22,229
4367 it's a long wick like that, I don't like that. Okay. I want
4368
4369 1093
4370 01:08:22,229 ~-~-> 01:08:25,109
4371 to see a big bowl body candle okay it can have a little bit
4372
4373 1094
4374 01:08:25,109 ~-~-> 01:08:27,659
4375 of a wick but I must say majority of the candle be a body
4376
4377 1095
4378 01:08:27,659 ~-~-> 01:08:30,899
4379 something like this here that would be indicative of an ICT
4380
4381 1096
4382 01:08:30,899 ~-~-> 01:08:31,409
4383 bowl
4384
4385 1097
4386 01:08:32,730 ~-~-> 01:08:35,730
4387 or block but because we had this big long wick even though
4388
4389 1098
4390 01:08:35,730 ~-~-> 01:08:38,130
4391 it did dip down and this could be argued it would have been
4392
4393 1099
4394 01:08:38,130 ~-~-> 01:08:42,300
4395 profitable. This is not a trade that I would see using the
4396
4397 1100
4398 01:08:42,300 ~-~-> 01:08:45,060
4399 tools and outline as we have been discussing.
4400
4401 1101
4402 01:08:47,280 ~-~-> 01:08:51,900
4403 Okay, we have price come down, rally off, dip back down into
4404
4405 1102
4406 01:08:51,930 ~-~-> 01:08:56,940
4407 a nice order block in here. Okay rallies up and we have an
4408
4409 1103
4410 01:08:56,940 ~-~-> 01:08:57,900
4411 older block here.
4412
4413 1104
4414 01:09:00,000 ~-~-> 01:09:03,540
4415 We did get that one. Okay, rallies off again.
4416
4417 1105
4418 01:09:07,049 ~-~-> 01:09:09,179
4419 And actually there's several of them in here if you just go
4420
4421 1106
4422 01:09:09,179 ~-~-> 01:09:12,749
4423 through and look at it there's many of these scenarios where
4424
4425 1107
4426 01:09:12,989 ~-~-> 01:09:13,889
4427 you can catch
4428
4429 1108
4430 01:09:15,660 ~-~-> 01:09:20,760
4431 what is that? I am averaging 25 and 40 pips each each
4432
4433 1109
4434 01:09:20,760 ~-~-> 01:09:23,910
4435 successive retracement back into a previous order block.
4436
4437 1110
4438 01:09:24,270 ~-~-> 01:09:24,660
4439 Okay.
4440
4441 1111
4442 01:09:29,400 ~-~-> 01:09:32,130
4443 And it's moving forward. Let's speed this up a little
4444
4445 1112
4446 01:09:32,130 ~-~-> 01:09:34,050
4447 because we're spending a lot more time than I wanted on this
4448
4449 1113
4450 01:09:34,050 ~-~-> 01:09:37,260
4451 module. We have a bullish order block in here price comes
4452
4453 1114
4454 01:09:37,290 ~-~-> 01:09:40,500
4455 down to it rallies again. Realize again
4456
4457 1115
4458 01:09:45,120 ~-~-> 01:09:49,410
4459 Okay, we have a bullish order block here. Prior to the rally
4460
4461 1116
4462 01:09:49,410 ~-~-> 01:09:53,550
4463 up it does back down into this order block rallies up. Okay,
4464
4465 1117
4466 01:09:53,580 ~-~-> 01:09:58,110
4467 there's another 50 pips or more rally in here.
4468
4469 1118
4470 01:10:03,270 ~-~-> 01:10:03,720
4471 Okay,
4472
4473 1119
4474 01:10:09,750 ~-~-> 01:10:12,930
4475 and that's too much for work there. This one's nice here,
4476
4477 1120
4478 01:10:13,440 ~-~-> 01:10:16,050
4479 price rallies away comes back down into previous order block
4480
4481 1121
4482 01:10:16,260 ~-~-> 01:10:18,870
4483 rallies up, just this move along.
4484
4485 1122
4486 01:10:23,580 ~-~-> 01:10:27,900
4487 That's 32 pips right here. Again, you know, in the right
4488
4489 1123
4490 01:10:27,900 ~-~-> 01:10:30,960
4491 hands, it's simply you know, amazing what you could do with
4492
4493 1124
4494 01:10:30,960 ~-~-> 01:10:33,570
4495 that type of move over and over and over again consistently.
4496
4497 1125
4498 01:10:34,110 ~-~-> 01:10:38,250
4499 We have a nice bullish order block right here. And yes,
4500
4501 1126
4502 01:10:38,250 ~-~-> 01:10:40,470
4503 there has a there's a wick here and a little bit Wick here
4504
4505 1127
4506 01:10:40,470 ~-~-> 01:10:43,560
4507 but majority, there's a lot of body in here which is what I
4508
4509 1128
4510 01:10:43,560 ~-~-> 01:10:46,560
4511 like I would use that as a bullish order block right in
4512
4513 1129
4514 01:10:46,560 ~-~-> 01:10:49,800
4515 here. And this one, even though we do have a sharp,
4516
4517 1130
4518 01:10:51,000 ~-~-> 01:10:55,920
4519 reversal, and slam lower, we had 60 plus pips that made
4520
4521 1131
4522 01:10:55,920 ~-~-> 01:10:59,730
4523 available, okay running out of previous high as a as an area
4524
4525 1132
4526 01:10:59,730 ~-~-> 01:10:59,970
4527 to
4528
4529 1133
4530 01:11:00,750 ~-~-> 01:11:01,620
4531 Take a trade with
4532
4533 1134
4534 01:11:05,100 ~-~-> 01:11:05,700
4535 and
4536
4537 1135
4538 01:11:07,049 ~-~-> 01:11:09,269
4539 I'll just scroll through a little bit faster here
4540
4541 1136
4542 01:11:13,920 ~-~-> 01:11:16,440
4543 so a lot of real quick
4544
4545 1137
4546 01:11:17,640 ~-~-> 01:11:18,780
4547 snaps higher
4548
4549 1138
4550 01:11:19,800 ~-~-> 01:11:22,740
4551 we have a bullish order block here price rallies dropped
4552
4553 1139
4554 01:11:22,740 ~-~-> 01:11:26,100
4555 back into it, you could be a buyer in here and up to here so
4556
4557 1140
4558 01:11:26,100 ~-~-> 01:11:26,910
4559 that's about
4560
4561 1141
4562 01:11:28,110 ~-~-> 01:11:32,580
4563 30 pips or more in here as well. Okay. And
4564
4565 1142
4566 01:11:34,920 ~-~-> 01:11:39,090
4567 I know a lot of you if you're anything like I was when I
4568
4569 1143
4570 01:11:39,090 ~-~-> 01:11:42,510
4571 first started, okay, it would piss me off that if I went
4572
4573 1144
4574 01:11:42,510 ~-~-> 01:11:46,260
4575 long in here, okay and made money. It maybe I did get out of
4576
4577 1145
4578 01:11:46,260 ~-~-> 01:11:48,630
4579 that profit by accident. But then it does this type of move
4580
4581 1146
4582 01:11:48,630 ~-~-> 01:11:51,630
4583 here. It would piss me off that I didn't participate in this
4584
4585 1147
4586 01:11:51,630 ~-~-> 01:11:55,650
4587 move. It would putis it pissed me off. I didn't participate
4588
4589 1148
4590 01:11:55,650 ~-~-> 01:11:58,800
4591 in this move here. If I was being long around that same
4592
4593 1149
4594 01:11:58,800 ~-~-> 01:11:59,340
4595 timeframe.
4596
4597 1150
4598 01:12:01,350 ~-~-> 01:12:05,040
4599 In my counsel to you is to let it go, man, you're not going
4600
4601 1151
4602 01:12:05,040 ~-~-> 01:12:09,270
4603 to catch every move. Okay? Nobody does. nobody's doing it.
4604
4605 1152
4606 01:12:09,480 ~-~-> 01:12:11,850
4607 Okay, there's no superstar trader out there that's catching
4608
4609 1153
4610 01:12:12,210 ~-~-> 01:12:15,750
4611 low, high, low high makeup. Come on. It's unrealistic.
4612
4613 1154
4614 01:12:15,750 ~-~-> 01:12:19,020
4615 nobody's doing that, okay, nobody's doing it, you might get
4616
4617 1155
4618 01:12:19,020 ~-~-> 01:12:20,880
4619 a hot look in the market where you're catching this and
4620
4621 1156
4622 01:12:20,880 ~-~-> 01:12:24,060
4623 that, but you're not gonna level of every swing high and
4624
4625 1157
4626 01:12:24,060 ~-~-> 01:12:26,250
4627 every swing low, you're not getting that, okay? And you
4628
4629 1158
4630 01:12:26,250 ~-~-> 01:12:28,500
4631 don't need that. You just need a small segment of the
4632
4633 1159
4634 01:12:28,500 ~-~-> 01:12:31,050
4635 marketplace over and over and over again, you constantly go
4636
4637 1160
4638 01:12:31,050 ~-~-> 01:12:35,370
4639 back to and harvest and that's all you need. Okay. Here's a
4640
4641 1161
4642 01:12:35,370 ~-~-> 01:12:39,690
4643 nice little classic scenario here. Price comes down, rallies
4644
4645 1162
4646 01:12:39,690 ~-~-> 01:12:42,000
4647 off sharply doesn't spend much time down here. Here's your
4648
4649 1163
4650 01:12:42,000 ~-~-> 01:12:44,790
4651 bullish order block comes down into it very handsomely,
4652
4653 1164
4654 01:12:45,210 ~-~-> 01:12:47,700
4655 being a buyer here. Okay. And
4656
4657 1165
4658 01:12:49,080 ~-~-> 01:12:52,230
4659 moving forward. I think that's pretty explanatory right
4660
4661 1166
4662 01:12:52,230 ~-~-> 01:12:52,530
4663 there.
4664
4665 1167
4666 01:12:53,850 ~-~-> 01:12:57,570
4667 We have a nice bullish order block here. Price rallies off,
4668
4669 1168
4670 01:12:57,930 ~-~-> 01:12:59,880
4671 comes back down into the order block right here.
4672
4673 1169
4674 01:13:00,000 ~-~-> 01:13:04,410
4675 One more time here. Okay. And I think this is pretty
4676
4677 1170
4678 01:13:06,870 ~-~-> 01:13:09,810
4679 agreeable in terms of aggressive move higher.
4680
4681 1171
4682 01:13:11,160 ~-~-> 01:13:13,680
4683 Okay, and again, this, that's what I'm trying to indicate
4684
4685 1172
4686 01:13:13,680 ~-~-> 01:13:16,620
4687 Yes, we have these little drops down and little drops down
4688
4689 1173
4690 01:13:16,620 ~-~-> 01:13:19,530
4691 here. Okay? If you're, if you're short, that's wonderful.
4692
4693 1174
4694 01:13:19,740 ~-~-> 01:13:22,350
4695 Okay, but this is what I'm looking for, this is what I'm
4696
4697 1175
4698 01:13:22,350 ~-~-> 01:13:26,010
4699 hunting. That's what I'm trying to get you to look at. If I
4700
4701 1176
4702 01:13:26,010 ~-~-> 01:13:28,320
4703 could take my perspective in the marketplace and take it out
4704
4705 1177
4706 01:13:28,320 ~-~-> 01:13:30,480
4707 and clone it, and put it in a way where you guys can
4708
4709 1178
4710 01:13:30,480 ~-~-> 01:13:32,880
4711 download it, I would love to be able to do that because it
4712
4713 1179
4714 01:13:32,880 ~-~-> 01:13:35,400
4715 would, first of all, make my job easier, some has to hurt
4716
4717 1180
4718 01:13:35,400 ~-~-> 01:13:39,030
4719 but it would make your job a lot easier also, because you
4720
4721 1181
4722 01:13:39,030 ~-~-> 01:13:40,680
4723 would know specifically what it is that you're trying to
4724
4725 1182
4726 01:13:40,680 ~-~-> 01:13:44,790
4727 filter out and what you're specifically focusing on. Okay.
4728
4729 1183
4730 01:13:47,190 ~-~-> 01:13:50,820
4731 And again, you will scrub through, you can see
4732
4733 1184
4734 01:13:52,020 ~-~-> 01:13:55,590
4735 going through, there's many opportunities where the
4736
4737 1185
4738 01:13:55,590 ~-~-> 01:13:58,500
4739 marketplace gives you several by half tastes like there's
4740
4741 1186
4742 01:13:58,500 ~-~-> 01:13:59,340
4743 one in here.
4744
4745 1187
4746 01:14:00,210 ~-~-> 01:14:02,640
4747 This larger order block here we dipped into came only back
4748
4749 1188
4750 01:14:02,640 ~-~-> 01:14:07,710
4751 down into it again. We have this order block as well, where
4752
4753 1189
4754 01:14:07,710 ~-~-> 01:14:10,140
4755 we drop down into Look how aggressively it moves lower.
4756
4757 1190
4758 01:14:10,380 ~-~-> 01:14:13,770
4759 Okay? When you see this, I guarantee you if you're watching
4760
4761 1191
4762 01:14:13,770 ~-~-> 01:14:16,530
4763 this on a five minute chart, this is scaring the hell out of
4764
4765 1192
4766 01:14:16,530 ~-~-> 01:14:19,680
4767 you. If you're long, you're getting out, you're not gonna
4768
4769 1193
4770 01:14:19,680 ~-~-> 01:14:21,990
4771 stay in that you're gonna be looking for thinking couldn't
4772
4773 1194
4774 01:14:22,020 ~-~-> 01:14:25,350
4775 continue to go lower. But what is it doing? It's rapidly
4776
4777 1195
4778 01:14:25,350 ~-~-> 01:14:29,010
4779 getting down to an area of where liquidity rests.
4780
4781 1196
4782 01:14:30,090 ~-~-> 01:14:34,680
4783 There's a large pocket in this area. Okay, because they did
4784
4785 1197
4786 01:14:34,680 ~-~-> 01:14:39,120
4787 their buying here. It rallied off, came back down. Okay, I'm
4788
4789 1198
4790 01:14:39,120 ~-~-> 01:14:43,080
4791 dealing at a bank. I need to move currency. Right now.
4792
4793 1199
4794 01:14:43,200 ~-~-> 01:14:46,650
4795 There's simply not enough buyers in this area. But there's a
4796
4797 1200
4798 01:14:46,650 ~-~-> 01:14:51,000
4799 large pool of willing buyers down here. Are they looking at
4800
4801 1201
4802 01:14:51,030 ~-~-> 01:14:55,320
4803 a Honda are they looking at FX cm buyers? No, they're not
4804
4805 1202
4806 01:14:55,380 ~-~-> 01:14:58,200
4807 okay. They're looking at on the bank institutional level.
4808
4809 1203
4810 01:14:58,230 ~-~-> 01:14:59,970
4811 Okay, who's willing to be buying down
4812
4813 1204
4814 01:15:00,450 ~-~-> 01:15:03,390
4815 Okay, so they're going to take price and reprice down to
4816
4817 1205
4818 01:15:03,390 ~-~-> 01:15:06,450
4819 these levels, knowing that this is where the liquidity is.
4820
4821 1206
4822 01:15:06,660 ~-~-> 01:15:09,990
4823 And because of their interest is so vast and large, when it
4824
4825 1207
4826 01:15:09,990 ~-~-> 01:15:12,180
4827 gets down here doesn't spend much time it takes off on
4828
4829 1208
4830 01:15:12,180 ~-~-> 01:15:15,510
4831 rallies, okay, because their blocks are a lot larger than we
4832
4833 1209
4834 01:15:15,510 ~-~-> 01:15:17,910
4835 could ever imagine on a retail level.
4836
4837 1210
4838 01:15:20,070 ~-~-> 01:15:23,730
4839 Price continues to move higher. And again, we have multiple
4840
4841 1211
4842 01:15:23,730 ~-~-> 01:15:26,970
4843 opportunities where order blocks are being respected. Okay,
4844
4845 1212
4846 01:15:27,000 ~-~-> 01:15:27,480
4847 and
4848
4849 1213
4850 01:15:30,120 ~-~-> 01:15:34,350
4851 it's just, it's an exercise that you need to do on your own.
4852
4853 1214
4854 01:15:34,500 ~-~-> 01:15:36,960
4855 Going through the charts as we just did here. Again,
4856
4857 1215
4858 01:15:36,960 ~-~-> 01:15:40,380
4859 maintaining the level of observation that we're in this
4860
4861 1216
4862 01:15:40,380 ~-~-> 01:15:43,350
4863 shaded area still so no worries, we're focusing only on the
4864
4865 1217
4866 01:15:43,350 ~-~-> 01:15:47,190
4867 buy side. Okay. We're only looking for opportunities where
4868
4869 1218
4870 01:15:47,850 ~-~-> 01:15:51,510
4871 bullish market orders I'm sorry, we're blocked rather, are
4872
4873 1219
4874 01:15:52,350 ~-~-> 01:15:56,010
4875 clearly seen them being respected and in rallying off
4876
4877 1220
4878 01:15:56,250 ~-~-> 01:15:59,970
4879 bullish order blocks being respected and rallying off
4880
4881 1221
4882 01:16:00,840 ~-~-> 01:16:04,950
4883 Okay, you can watch any video course out there, you can
4884
4885 1222
4886 01:16:04,950 ~-~-> 01:16:07,530
4887 watch any mentor out there talking about what makes the
4888
4889 1223
4890 01:16:07,530 ~-~-> 01:16:10,650
4891 market move around. What does this and what does that okay,
4892
4893 1224
4894 01:16:10,650 ~-~-> 01:16:12,810
4895 but I'm gonna tell you right now if they don't have this
4896
4897 1225
4898 01:16:12,810 ~-~-> 01:16:15,060
4899 understanding behind them what it is that they're doing.
4900
4901 1226
4902 01:16:15,750 ~-~-> 01:16:20,550
4903 They're just blind luck, okay? Because without institutional
4904
4905 1227
4906 01:16:20,550 ~-~-> 01:16:23,820
4907 sponsors that behind price moves we have nothing. retail
4908
4909 1228
4910 01:16:23,820 ~-~-> 01:16:27,330
4911 market traders do not move the marketplace. You have to be
4912
4913 1229
4914 01:16:27,330 ~-~-> 01:16:31,740
4915 positioned on the heels and coattails of those participants
4916
4917 1230
4918 01:16:31,740 ~-~-> 01:16:36,180
4919 to have the number one to the cash flow to be able to move
4920
4921 1231
4922 01:16:36,180 ~-~-> 01:16:39,300
4923 the marketplace and also the had the brains behind the whole
4924
4925 1232
4926 01:16:39,300 ~-~-> 01:16:43,020
4927 move. Okay. So it's been insightful to you guys and I wish
4928
4929 1233
4930 01:16:43,020 ~-~-> 01:16:44,430
4931 you good luck and good trading.