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

From version 1.1
edited by Drunk Monkey
on 2020-11-20 16:40
Change comment: There is no comment for this version
To version 2.1
edited by Drunk Monkey
on 2021-06-10 10:49
Change comment: There is no comment for this version

Summary

Details

Page properties
Content
... ... @@ -1,2199 +1,211 @@
1 -1
2 -00:01:06,930 ~-~-> 00:01:10,560
3 -ICT: Okay, welcome back guys, we are in Volume Two of the
1 +(% class="hover min" %)
2 +|1 |00:01:06,900 ~-~-> 00:01:20,430 |ICT: Okay Welcome back guys, we are in Volume Two of the precision concepts series and the initial video video one on this three part series, we discussed
3 +|2 |00:01:20,460 ~-~-> 00:01:30,150 |weekly order flow and the inherent advantages of understanding what the long term order flow is on a weekly chart. Now I'm going to be focusing on really
4 +|3 |00:01:30,150 ~-~-> 00:01:44,550 |specific order blocks on weekly basis. And I've received a tremendous response in terms of appreciation and astonishment with the precision that's available
5 +|4 |00:01:44,910 ~-~-> 00:01:57,960 |with utilizing the the ICT order blocks on a daily four hour and one hour basis. I'm sure a number of you probably didn't consider the fact that you could
6 +|5 |00:01:57,960 ~-~-> 00:02:08,040 |utilize the same premise on a weekly and or monthly chart. And I'm going to counsel you to study the markets of your choice on a monthly basis. And on your
7 +|6 |00:02:08,040 ~-~-> 00:02:21,690 |own leisure, okay, but we're going to be utilizing really just a weekly basis, or weekly chart as our premise for this teaching module. The previous video,
8 +|7 |00:02:22,410 ~-~-> 00:02:32,550 |Volume One, we discussed weekly order flow, and I'm quite certain that I'm going to be catching a lot of feedback about those that want to have the actual
9 +|8 |00:02:32,880 ~-~-> 00:02:44,910 |direction, right 100% of the time. And I cannot give you a tool or concept that gives you direction 100% of the time accurately. Okay. If you find someone that
10 +|9 |00:02:44,910 ~-~-> 00:02:54,810 |can do that, I would absolutely love to know who they are. And if they have a service, I would be willing to subscribe to it. But as it is now my faith in
11 +|10 |00:02:54,810 ~-~-> 00:03:06,420 |that is very, very low and expectancy is even lower. So you don't need that, okay, but volume three, we're gonna be discussing a concept that will help you
12 +|11 |00:03:06,420 ~-~-> 00:03:16,200 |in that area, if that's something that you're going to be struggling with or already adopted, you know, a hurdle with it. Okay, so if it's already been a
13 +|12 |00:03:16,200 ~-~-> 00:03:23,700 |bothersome thought for you right now, I'm going to put it aside and remove it for you in volume three, but for now, let's just focus on the weekly order
14 +|13 |00:03:23,700 ~-~-> 00:03:32,970 |blocks. Okay, now, a weekly order block is the same thing we've been doing with the daily chart for hour and one hour chart, okay, we want to look for areas,
15 +|14 |00:03:33,000 ~-~-> 00:03:41,400 |okay, I'm going to be trading, not trading, but I'm gonna be teaching rather with a clean chart, I'm not gonna be putting any support resistance on it
16 +|15 |00:03:41,400 ~-~-> 00:03:49,860 |because frankly, you understand what it is that I look for in terms of support resistance, but we're going to be looking for our specific reaction levels,
17 +|16 |00:03:49,890 ~-~-> 00:04:01,110 |that's it. Okay, we're gonna be looking for where price moved away from aggressively spent very little time there. Okay, and then returned back to it in
18 +|17 |00:04:01,110 ~-~-> 00:04:11,790 |the form of an order block. Okay. So now we could go through all this back here but I'm going to be saving all this because I want to be utilizing it for volume
19 +|18 |00:04:11,790 ~-~-> 00:04:18,870 |three, because it's in trust me it'll make a whole lot more sense when we get to the line three, but in here, we're gonna be talking about this area here because
20 +|19 |00:04:18,870 ~-~-> 00:04:31,770 |I think it quick real quick glance, okay market structure alone should be flashing neon sign Hello. This is a long term or intermediate term low in place,
21 +|20 |00:04:32,040 ~-~-> 00:04:47,280 |because we have higher short term lows on either side of it with higher swing lows. On the other side of it is well Okay, so we have layered swing highs and
22 +|21 |00:04:47,280 ~-~-> 00:05:01,530 |swing lows. So we have basically a fractal form. We have a low, a lower low, a higher low, okay. And we saw price aggressively move higher often Whoa, okay and
23 +|22 |00:05:01,530 ~-~-> 00:05:18,930 |we have a very clear order block right here okay and price comes down into it rather handsomely and then once we form a solid swing low in here with a
24 +|23 |00:05:18,960 ~-~-> 00:05:28,830 |confirming candlestick Not that I have a whole lot of faith in candlestick patterns themselves but we have a nice hammer in here and you see price has a
25 +|24 |00:05:28,830 ~-~-> 00:05:42,180 |really respectable rally. Now we're going to assume that any long taken rate at the order block we're going to assume that at 542 on a weekly chart again this
26 +|25 |00:05:42,180 ~-~-> 00:05:54,210 |is the Euro USD fiber. Okay buying there the potential in terms of range was 797 so approximately 100 pips so that's certainly respectable and by any standard I
27 +|26 |00:05:54,210 ~-~-> 00:06:05,760 |mean, if you're not impressed with 100 pips I got nothing for you. So, we have obviously, we see that the advantages of seeing weekly order block illustrated
28 +|27 |00:06:05,760 ~-~-> 00:06:06,090 |here
29 +|28 |00:06:07,709 ~-~-> 00:06:21,209 |price when it rallied out of here, it created another order block, okay. And again, I do not like the the long whipped candles here, okay. Even though this
30 +|29 |00:06:21,209 ~-~-> 00:06:33,419 |is a hammer, I would much rather have my order block associated with this, okay, because this candle has more body even though it does has wicks on it, okay, it
31 +|30 |00:06:33,419 ~-~-> 00:06:49,979 |has more body to delineate it from this type of event here where we have a very clear wick or hammer or a doji, if you will, price comes down, trades right into
32 +|31 |00:06:49,979 ~-~-> 00:07:06,869 |that order block. rallies off rather handsomely again. Now, again, we utilize market structure back here to frame this setup. Okay, so it's right out of the
33 +|32 |00:07:06,869 ~-~-> 00:07:24,719 |sniper series. So it shouldn't be nothing new to you there. As price beginning begins to trade higher, obviously, we have new order blocks, forming where price
34 +|33 |00:07:24,749 ~-~-> 00:07:34,979 |came down, spend very little time here rallies off aggressively and then drops back down into the order block right here. Okay. And again, we're gonna we're
35 +|34 |00:07:34,979 ~-~-> 00:07:44,399 |gonna use the old high. Okay, I really want to be conservative in terms of showing you what to anticipate or expect. Certainly, it's not limited to this.
36 +|35 |00:07:44,399 ~-~-> 00:07:59,189 |Okay, so again, if we were buying them here inside this order block just getting back to the old highs back here. That's 1000 almost 1100 pips. You heard me
37 +|36 |00:07:59,189 ~-~-> 00:08:12,179 |right. Almost 1100 pips. Okay. Some of the biggest moves that you you see in my older videos where I was calling, you know, summer lows and spring highs and
38 +|37 |00:08:12,179 ~-~-> 00:08:22,109 |such, this is exactly what I was doing to frame all that. Okay, but you all saw simply mean taking a Fibonacci tool, and saying, okay, here, we're gonna take
39 +|38 |00:08:22,109 ~-~-> 00:08:29,669 |this low here, and we're gonna put it on this high. You can see when it comes down to the setting, I'm centration level, I have an ICT optimal trade entry.
40 +|39 |00:08:29,909 ~-~-> 00:08:39,329 |And that's what I was buying. The part that I was leaving out was it was framed upon an order block. Okay, I didn't honestly I didn't want to share that with
41 +|40 |00:08:39,329 ~-~-> 00:08:45,959 |you. Because it wasn't I wasn't able to keep up with the questions I was already being confronted with with the information I was presenting at that time. So the
42 +|41 |00:08:45,959 ~-~-> 00:08:54,029 |institute one more facet to knew the concepts that I use, it just would have been, I wouldn't be able to keep up with that probably would have quit
43 +|42 |00:08:54,029 ~-~-> 00:09:03,839 |altogether because I had tons and tons of feedback that it simply could not keep up with. But you see the nice move back down into this area here. Now before we
44 +|43 |00:09:03,839 ~-~-> 00:09:14,279 |go any farther. Okay, before we go any farther, it's important to note that when we're utilizing this weekly timeframe, it's not simply that we got back down to
45 +|44 |00:09:14,279 ~-~-> 00:09:23,639 |a previous order block level, okay, it's usually gets down and we buy. That's not that's not what we're doing here. Okay. What we're looking for is a
46 +|45 |00:09:24,149 ~-~-> 00:09:32,129 |confluence of supporting factors on the lower timeframes as well it means on a daily chart for our chart, one hour chart, 15 minute chart and as far as
47 +|46 |00:09:32,159 ~-~-> 00:09:42,779 |execution, we could get down to the nitty gritty with it on a five minute timeframe. But it's got to happen around a time window Okay, so time has to meet
48 +|47 |00:09:42,779 ~-~-> 00:09:53,009 |price and price comes down to the area where we anticipate the order block to unfold. But then we had to wait for the the price and time to meet I mean, the
49 +|48 |00:09:53,009 ~-~-> 00:10:03,749 |opens and closes it means London open, New York open. London close those time windows. They're selling Specific swing points that occur. We do our trading and
50 +|49 |00:10:03,749 ~-~-> 00:10:12,719 |execution where we engage the market in those three predominant timeframes. Okay? Yes, you can trade during Asia I just simply avoid because it's to me it's
51 +|50 |00:10:12,719 ~-~-> 00:10:22,559 |the accumulation phase of the day. Okay. But with that assumption in mind, if you're a pattern trader, you could be trading optimal trade entry Long's in
52 +|51 |00:10:22,559 ~-~-> 00:10:30,029 |here. You could be trading, you know, any harmonic pattern that's bullish in here, okay, you can trade, good grief, you could trade bullish stochastics or
53 +|52 |00:10:30,029 ~-~-> 00:10:39,299 |bullish MACD, all those things that we see in textbooks will will suddenly now be profitable in this environment. Why? Because we have the market trending
54 +|53 |00:10:39,299 ~-~-> 00:10:48,209 |higher open, you know, order flow on a weekly basis is higher here. You know, we see a retracement going down into a weekly order block all of a sudden, you
55 +|54 |00:10:48,209 ~-~-> 00:10:56,189 |know, it's like a bat out of hell. It takes off and starts running. It didn't even stop at almost 1100 pips this slowdown here at all, absolutely not, is
56 +|55 |00:10:56,249 ~-~-> 00:10:59,759 |roared real, continuing higher. Okay. So
57 +|56 |00:11:00,900 ~-~-> 00:11:11,280 |we also have this order back here, this order block rather, rather small. But I want to show you having this mindset, if you have the patience, really. And what
58 +|57 |00:11:11,280 ~-~-> 00:11:20,550 |I'm doing is I'm putting the horizontal portion of this crosshair right on top of this candle here. And I'm going to show you just by going back to the old
59 +|58 |00:11:20,550 ~-~-> 00:11:32,490 |high, just here. That's 260 plus pips, just that little move right there. That's in one week, one week, and it didn't stop, didn't even start this kept on going
60 +|59 |00:11:32,490 ~-~-> 00:11:44,850 |roll one up. Okay. So, again, when you're looking for these types of setups, it is absolutely paramount that you understand, we're not increasing our risk or
61 +|60 |00:11:44,850 ~-~-> 00:11:55,440 |leverage on these trades, what we're doing is we're keeping our risk very, very low. We're keeping our leverage low. But we're opening our mind and eyes to the
62 +|61 |00:11:55,440 ~-~-> 00:12:07,080 |likelihood of rather extremely large profit potential. Okay, so yes, we can take a small portion of the trade off, fund our position, get all the risk of the
63 +|62 |00:12:07,080 ~-~-> 00:12:14,580 |trade, take a small portion, that way, if it does come back down again, and stop us out and possibly created another new opportunity to get long, but not
64 +|63 |00:12:14,580 ~-~-> 00:12:21,870 |necessarily true. It could be, you know, we could be wrong on the trade as well, and just continue to go lower, at least we paid for a position to at least take
65 +|64 |00:12:21,870 ~-~-> 00:12:29,280 |a look at whether or not it's going to potentially pay out, you know, for a rather large trading opportunity. Now, let's assume Okay, I'm not gonna break
66 +|65 |00:12:29,280 ~-~-> 00:12:37,890 |down the chart here. But let's assume for a moment that we were able to find a trade setup in here inside this weekly order block, risking our average
67 +|66 |00:12:37,920 ~-~-> 00:12:45,750 |universal 30 PIP position. Okay, you know, we're, we took a long position in here, and we're risking 30 pips. Okay, now, obviously, I'm speaking
68 +|67 |00:12:45,750 ~-~-> 00:12:53,460 |hypothetically, because I don't have any charts opening up in here to show you what this is, but we're just gonna play devil's advocate for a moment and assume
69 +|68 |00:12:53,460 ~-~-> 00:13:03,390 |for a moment he had trade with 30 pips on once the trade moves 30 pips, okay, we could go to breakeven, remove all the risk and let it go. Okay. Now, let's
70 +|69 |00:13:03,390 ~-~-> 00:13:16,050 |assume for a moment that we were trading with the form of one standard lot, and we took five microwatts. So I'm five minutes off. Okay, so we'd have five, mini
71 +|70 |00:13:16,170 ~-~-> 00:13:29,580 |lots left on so you're making $5 per Pip. Watch, I want you to pay attention to this because this is, this is nuts. Okay, you're, you're risking $300. Okay,
72 +|71 |00:13:30,030 ~-~-> 00:13:39,900 |this is the mindset you should be coming to. you're risking 30 pips at $10 per PIP on a standard lot in here. Now assume and again, this is all assumption, you
73 +|72 |00:13:39,900 ~-~-> 00:13:47,340 |know, this is all hypothetical speaking now. Assume you bought it, you took off half a position. Now you got five minis on, say now you can five hours per
74 +|73 |00:13:47,340 ~-~-> 00:14:03,000 |point. If you get in and you ride this thing up here, okay. That's over five grand $5,000 on a trade that you risked $300 on. I don't know where you're from.
75 +|74 |00:14:03,330 ~-~-> 00:14:16,410 |But that, to me is outstanding. It's ridiculous. Okay, and you only a few of those a year over a collection of the majors. That means that the swissy the
76 +|75 |00:14:16,410 ~-~-> 00:14:27,240 |Japanese yen, I don't like it so much, but you can trade it, the the Euro, the British Pound Australian dollar, the kiwi and the Canadian dollar, you could
77 +|76 |00:14:27,240 ~-~-> 00:14:37,680 |have just those pairs as a basket of what you trade as your portfolio in FX. And if you look for these types of setups in this market, I'm telling you, this is
78 +|77 |00:14:37,680 ~-~-> 00:14:48,390 |where you clean up and you clear out all of the drawdown periods you take out all of the big losses or strings of losses, okay? When you have a small section
79 +|78 |00:14:48,390 ~-~-> 00:14:56,460 |of your account allocated to trading like this and still you can do day trading, you still scout because you still do short term trading, okay, but you need
80 +|79 |00:14:56,460 ~-~-> 00:15:04,170 |these types of things to act as a Mr. Clean magic Magic Eraser, if you will, if you ever used one of those things, as their amazing wife brought this thing home
81 +|80 |00:15:04,170 ~-~-> 00:15:11,700 |one day, and we had something over our counter could not get it off. So she brings this little thing home and like, what is this? She goes, it's a magic
82 +|81 |00:15:11,700 ~-~-> 00:15:18,240 |eraser. So of course, naturally, I'm thinking she's full of crap. And like, what is what are you talking about? You wet it, you rub it on it, and it takes the
83 +|82 |00:15:18,240 ~-~-> 00:15:28,620 |thing right off? Well, this type of trading is like a magic eraser, okay, it completely takes away all of the stains of poor execution, portrayed selection
84 +|83 |00:15:28,650 ~-~-> 00:15:35,700 |or Russian, okay, and you don't even trade a whole lot, and you don't risk a whole lot, it's the same amount of leverage and same amount of stuff getting in,
85 +|84 |00:15:35,940 ~-~-> 00:15:46,710 |but look what you're doing. You're framing it on the mindset of a huge, absolutely monster of a trading opportunity. Okay, in the form of a weekly order
86 +|85 |00:15:46,710 ~-~-> 00:15:56,010 |block with order flow, you moving in one direction, you got everything lined up for you. Okay? Also, if you know anything about seasonal tendencies, in my
87 +|86 |00:15:56,010 ~-~-> 00:16:00,120 |earlier work, you know that around September, we like to see a rally come into
88 +|87 |00:16:00,390 ~-~-> 00:16:14,340 |the foreign exchange market. And you see that happening right here, lock, stock and barrel, boom, it takes off in rolls. Okay, now, again, much like we saw, we
89 +|88 |00:16:14,340 ~-~-> 00:16:27,120 |talked about earlier with the weekly order flow, and how we allow the market to do its retracements. There's nothing to fear in regards to you sitting on your
90 +|89 |00:16:27,120 ~-~-> 00:16:37,110 |hands, because think about what we're doing. If we're waiting on these long term, weekly positions to set up, okay, we can establish long term positions, we
91 +|90 |00:16:37,110 ~-~-> 00:16:47,820 |can still trade our larger risk. Now with our maximum, say, assume for a moment that we trade with a 2% maximum, which is something I advise nothing more than
92 +|91 |00:16:47,820 ~-~-> 00:16:54,750 |2%. Even though you hear me talk about three and a half percent as a maximum, that's my account, when I'm trading for a million dollars, you know that that to
93 +|92 |00:16:54,750 ~-~-> 00:17:05,490 |me, I need that type of gearing to get what I need done in the 36 months, and I'm pushing it well, in your trading, if you're risking 2%, your maximum, those
94 +|93 |00:17:05,520 ~-~-> 00:17:13,080 |conditions are authorized, okay, when you're trading in line with the higher timeframe premise, if you're trading against the higher time frame premise, like
95 +|94 |00:17:13,080 ~-~-> 00:17:20,760 |like doing something like this, first of all, I would advise not to do that. But if you're hardcore, can't have it any other way. But you got to be taking a
96 +|95 |00:17:20,760 ~-~-> 00:17:29,400 |trade because it's there and you're sitting in front your chart. Yeah, that's when you want to be risking a half of 1% or maximum 1%. Okay, because you're
97 +|96 |00:17:29,400 ~-~-> 00:17:38,370 |really, you're swimming upstream, you're trying to fight the tide. And I go, you know, that analogy kind of goes against what I'm depicting here as an up move,
98 +|97 |00:17:38,370 ~-~-> 00:17:46,050 |but what you're doing is, is you're trying to, you know, go against the grain, and I'm sorry, I don't want to arm wrestle the banks because they're going to
99 +|98 |00:17:46,050 ~-~-> 00:17:56,850 |win every day. So what we do is we sit back on our hands and wait for these retracements to come back into known orders. I'm sorry, noon, or blocks and
100 +|99 |00:17:56,850 ~-~-> 00:18:06,330 |support resistance. And this is one of those areas where you even though you have you know, a very nice block, potentially down here. What do we talk about
101 +|100 |00:18:06,330 ~-~-> 00:18:14,310 |before and you heard me talk about in the sniper series as well. If we have like a hammer or a wick, I don't like that. Okay, I want to see more body in the
102 +|101 |00:18:14,310 ~-~-> 00:18:21,810 |candle. now. I'll use the top of this candle as the beginning of my order block and if you draw that straight out, okay, you can see we came right down to it
103 +|102 |00:18:21,810 ~-~-> 00:18:32,670 |and I know some of your pricing wants you to draw the freakin line Huddleston and on so I'm going to do now to keep natives restless, not restless, but people
104 +|103 |00:18:32,700 ~-~-> 00:18:42,330 |happy rather. So again, here's the order block here, price rallies up in the past, you would see me in your pro traders club series, I would just simply
105 +|104 |00:18:42,450 ~-~-> 00:18:49,290 |reference this swing low and a swing high and place it on there and say okay, here's the optimal trade entry where I was buying long. But really again, the
106 +|105 |00:18:49,290 ~-~-> 00:18:58,860 |framework is always on the institutional order block over here. And when weekly charts they're absolutely dynamite they're just ridiculous in terms of how much
107 +|106 |00:18:59,160 ~-~-> 00:19:10,650 |is made available for you know, Pip expectancy, and you just simply can't come up. You can't You can't beat this type of setup. The gearing for is you know,
108 +|107 |00:19:10,710 ~-~-> 00:19:18,930 |the same amount of leverage and entry that you would take on a normal short term trade or intraday trade. But you're holding with the premise in mind that you're
109 +|108 |00:19:18,930 ~-~-> 00:19:30,360 |gonna get back to an old high okay again, since there's the old order block here for long if we're buying anywhere in here to get back to this high back here on
110 +|109 |00:19:30,360 ~-~-> 00:19:39,360 |the aisle, I want you to pay attention to this guy's this is this is this is exactly how if you want to get wealthy This is how it's done. 11 136 pips okay
111 +|110 |00:19:40,020 ~-~-> 00:19:52,500 |11 136 pips that's a huge move. absolutely huge. Okay. We have smaller ranges in here that we're probably more accustomed to seeing now and most recent
112 +|111 |00:19:52,500 ~-~-> 00:20:07,350 |volatility, but the order block in here, come down, you buy rally up in here. Just that move Again, referencing this order block here, back to here, it's 390
113 +|112 |00:20:07,350 ~-~-> 00:20:15,540 |pips. There's nothing wrong with that. There's nothing wrong. That's several 100 pips that if it goes in your bank, you're gonna be you're gonna be thankful for
114 +|113 |00:20:15,540 ~-~-> 00:20:23,760 |if it was going in mine, I know I would be $120 per Pip, you're, You're damn right, I'm gonna be happy about it. So looking at how we look at the marketplace
115 +|114 |00:20:23,910 ~-~-> 00:20:34,650 |on a weekly timeframe, looking for where price rallies and pulls back into a known order block, we just referenced this one here. Okay, and let's call it
116 +|115 |00:20:34,650 ~-~-> 00:20:48,390 |again. Okay, we trade back down into it again. Okay, very nice price structure, comes back down dips into the order block. Notice it does not violate this low.
117 +|116 |00:20:48,750 ~-~-> 00:20:55,080 |Again, this goes on the same thing we talked about in the first volume, where How do I know a support resistance levels gonna hold? I
118 +|117 |00:20:55,079 ~-~-> 00:21:04,409 |don't really know if it's going to hold but if I see an order block in the framework of the price structure, I don't think that it's going to give up this
119 +|118 |00:21:04,409 ~-~-> 00:21:13,679 |level because somebody with more money than me calls this market to rally up like this. If it comes back down to this level, if they're long here, do you
120 +|119 |00:21:13,679 ~-~-> 00:21:21,329 |think they have a vested interest in defending this area? Sure they do. And you see that happening here price comes down into it. So what are they gonna do
121 +|120 |00:21:21,329 ~-~-> 00:21:29,429 |they're gonna buy more of it? Okay, and the price does what rallies off now guess eventually it comes back down takes out that low but before it does it
122 +|121 |00:21:30,659 ~-~-> 00:21:39,779 |before does it Okay, just again, we're gonna buy the rate at the waterblock not dead lowest low here and making it look perfect. what's available over 500 pips?
123 +|122 |00:21:40,139 ~-~-> 00:21:52,109 |Now I don't know about you, but 500 pips is? Yeah, that's, that's pretty good. We're going to talk about a concept in the third of this series, okay, where we
124 +|123 |00:21:52,109 ~-~-> 00:22:00,599 |can work both directions. Okay, and really want to almost started talking about here. So I gotta watch what I say. Not I'm trying to keep anything from you, but
125 +|124 |00:22:00,629 ~-~-> 00:22:09,689 |you're learning it later on in in the third video. We have another price structure here. Okay, we have this low, up to this high. Let me go back a little
126 +|125 |00:22:09,689 ~-~-> 00:22:18,659 |bit, so much to see. Yes, we have this one here, this low to high, but we also have this reference point as well. Okay. So this order block, we're going to
127 +|126 |00:22:18,659 ~-~-> 00:22:35,849 |come back to that one again. Okay, notice how it's in support level. And we're gonna continue it out. Look what it does, it comes right back down and creates
128 +|127 |00:22:35,909 ~-~-> 00:22:47,639 |another opportunity to buy inside that pre existing order block. Okay, and what does it create again, and here, a new order block right here. Okay, just the
129 +|128 |00:22:47,639 ~-~-> 00:22:57,539 |last bearish candle prior to the lowest low before it starts moving higher. So this low forms inside this order block.
130 +|129 |00:23:03,390 ~-~-> 00:23:12,840 |Okay, see that? price comes back down dips right into it, boom. Now you know what's going to happen when I pull a fib on the low to the high prior to its
131 +|130 |00:23:12,840 ~-~-> 00:23:28,770 |decline. Right? You're on the sweet spot. Bang, there's your confidence. Okay. Where's it trading at 1830 round number and the low see if I can get it the low
132 +|131 |00:23:28,770 ~-~-> 00:23:40,320 |comes in at 1824. Okay, so if you were trading right at the 1830 round number, and you draw down on that is six pips, so that's pretty respectable. Okay,
133 +|132 |00:23:40,320 ~-~-> 00:23:51,030 |again, we're trading off of a weekly chart, not five minute chart. Okay, and just to get back to the old high back here buying at the order block nothing
134 +|133 |00:23:51,270 ~-~-> 00:24:00,270 |spectacular and trying to reach for the lowest point not only that, okay, we're looking at 490 pips or almost 500 pips again, just getting back at the old high.
135 +|134 |00:24:00,690 ~-~-> 00:24:08,700 |Okay, if you were looking at market structure, we have a swing low here, we have swing low here, higher swing low here, with higher short term swing lows, we
136 +|135 |00:24:08,700 ~-~-> 00:24:18,510 |have a potential intermediate term to long term swing low here. Okay, so that means if we take out this high here, leaving a small portion of our trade on we
137 +|136 |00:24:18,510 ~-~-> 00:24:32,610 |could be looking to trade what back into this high. Now again, going back to this level here. Now we're looking at 760 pips or so yeah, about 760 pips from
138 +|137 |00:24:32,640 ~-~-> 00:24:39,990 |entry here, taking small portion off here and leaving a small portion with the potential to look back at this high here. Why because we have the market
139 +|138 |00:24:39,990 ~-~-> 00:24:52,500 |structure to at least give the impression that we may try to get back up in that range. Okay. And look at even blue beyond that pullback again. We have a bullish
140 +|139 |00:24:52,500 ~-~-> 00:25:08,610 |move here. We have an order block right there. Trade down, blew through it. Now this order block was violated. Okay, when I see that I get a little nervous
141 +|140 |00:25:08,610 ~-~-> 00:25:20,010 |because I don't like to see a bullish order block taken out. But reference it with this old high back here. One of the central tenants, we have an
142 +|141 |00:25:20,010 ~-~-> 00:25:28,650 |understanding about support resistances we are in the gray when we're trading with it, we all have a clear level where it's gonna go, well, Huddleston has his
143 +|142 |00:25:28,650 ~-~-> 00:25:37,800 |line on his mt four or E signal chart. And he's therefore you know, we got to stop right here because you know, he has his line there. They don't care about
144 +|143 |00:25:37,800 ~-~-> 00:25:46,230 |our lines, okay, our lines are a reference point that we arrive at, the levels are traded based on the liquidity, it's available around those levels, on an
145 +|144 |00:25:46,230 ~-~-> 00:25:58,740 |institutional level, not a retail level. Okay. But simply because we all trade, and learn from the same toxic textbooks and gurus, I had no idea we wouldn't
146 +|145 |00:25:58,740 ~-~-> 00:26:10,050 |know what they're doing, you end up in the same crowd of losers, if you don't have the understanding of why the dealers take price to where they take them
147 +|146 |00:26:10,050 ~-~-> 00:26:24,150 |before the real moves take place. Now moving forward, you can see by moving lower like this, we did trade back into these levels. But this order block being
148 +|147 |00:26:24,150 ~-~-> 00:26:33,930 |broken like this, I would have to wait for another opportunity to come back down into it. And that happened here. And right in here would be another opportunity
149 +|148 |00:26:33,960 ~-~-> 00:26:45,150 |to trade into this bullish order block. Because we have this high as an old high or resistance now it becomes an inversion level. Because now it becomes support.
150 +|149 |00:26:45,450 ~-~-> 00:26:54,990 |This wick is an inherent price action and words, it blew out this level taking out stops, which makes sense because as price was rallying up, trailing stop
151 +|150 |00:26:54,990 ~-~-> 00:27:02,040 |losses would have been brought up to this level here and they took them out and then rallied up, came back down one more time for good measure. And then that's
152 +|151 |00:27:02,040 ~-~-> 00:27:05,790 |when you see the real extrapolated move on unfolding.
153 +|152 |00:27:14,130 ~-~-> 00:27:26,340 |Again, this doesn't fit my criteria. So I would not see this as an order block here. Even though in this case, if it was used, it would be perfect. But in
154 +|153 |00:27:26,340 ~-~-> 00:27:35,190 |fairness, I want I want to admit that that one really wouldn't be something I would see now maybe on a daily chart or bar chart, there would been something
155 +|154 |00:27:35,190 ~-~-> 00:27:45,630 |else there which obviously, which is what we discussed earlier, that's what you're utilizing once you have this in mind. Again, as we as we find these
156 +|155 |00:27:45,630 ~-~-> 00:27:53,310 |weekly order blocks, okay, and this is one of the main reasons we were discussing it is once you find one of these, well not this one, we're gonna
157 +|156 |00:27:53,610 ~-~-> 00:28:04,260 |classify this one back here. Once we trade back down in these order blocks, okay? When it starts to unfold and rally up, we're not looking at five minute
158 +|157 |00:28:04,260 ~-~-> 00:28:11,100 |charts or 15 minute charts, if we're long down here and saying, Okay, well, it's going up enough pips for me, I'm just gonna get out. If you are framing your
159 +|158 |00:28:11,100 ~-~-> 00:28:26,190 |trade on this weekly chart, what are you managing the trade on? A 15 minute chart, a 60 minute chart for our How about a daily know you're managing it on a
160 +|159 |00:28:26,190 ~-~-> 00:28:34,590 |weekly basis, the framework of the trade was derived on a weekly chart. So if this is the old high back here, or this high here, rather, I'm sorry, I'm
161 +|160 |00:28:34,590 ~-~-> 00:28:42,720 |getting ahead of myself. If you're buying down inside this pre existing order, the order block, okay, again, we're gonna say we got in here, okay, for whatever
162 +|161 |00:28:42,720 ~-~-> 00:28:52,380 |reason, we saw something was bullish here. Just getting back to that old high. That's 300 plus pips. Okay, that's how you're managing it. But we also learned
163 +|162 |00:28:52,710 ~-~-> 00:29:00,270 |that when we have highs like this there to clean, so we would expect not not only for the price to rally up to there, okay, but try to reach through it. You
164 +|163 |00:29:00,270 ~-~-> 00:29:10,650 |think it reached through it here? Sure, it looks like it to me. And when it comes back, what does it do it retest what an area of old highs, okay, the
165 +|164 |00:29:10,650 ~-~-> 00:29:19,110 |bodies of the candles and the wicks to get right over here into that. So even though this is not an order block, by definition with what I would classify as
166 +|165 |00:29:19,110 ~-~-> 00:29:27,180 |overbought, because it has too much of a wick, I would rather see more body in that something like this is more appropriate in my opinion. If you want to be
167 +|166 |00:29:27,180 ~-~-> 00:29:35,910 |aggressive, you can trade these types of candles. And once we have these big moves like this, I just seen a lot of these type order blocks, quote unquote,
168 +|167 |00:29:35,940 ~-~-> 00:29:46,500 |fail. And because I want to give you the highest in terms of consistent approach of utilization of these tools, I want you to feel confident utilizing them
169 +|168 |00:29:46,530 ~-~-> 00:29:55,080 |otherwise, it's absolutely pointless and waste of your time and my time making these videos. But when price comes back down to an area of support resistance,
170 +|169 |00:29:55,110 ~-~-> 00:30:09,030 |okay, we have market structure, signifying that we do have a trading range It was violated coming back down into very clear, discernible support resistance.
171 +|170 |00:30:10,800 ~-~-> 00:30:25,500 |Okay, and we saw a price rally from there. Again, we have a similar scenario here, you could potentially use this as an alarm clock. Again, I wouldn't, I
172 +|171 |00:30:25,500 ~-~-> 00:30:34,920 |would reference it more so on a retest of this old high here, so we had the market run through it, trade back down into here, okay. Now, once it starts to
173 +|172 |00:30:34,920 ~-~-> 00:30:44,820 |rally, I would view this candle, okay, because there's much more body and not the wick here because it's, even though it has a little Wick here, it's it's to
174 +|173 |00:30:44,820 ~-~-> 00:30:56,220 |me, it looks like it's being pushed down to accumulate more Long's and then we have this supporting candlestick, not that it's all by itself, you deriving the
175 +|174 |00:30:56,220 ~-~-> 00:31:13,470 |trade idea of of a hammer, I would rather see this as the bullish indication not to the long wikked candlestick or hammer. Utilizing the previous order block,
176 +|175 |00:31:15,210 ~-~-> 00:31:16,920 |price trades down into the order block
177 +|176 |00:31:25,140 ~-~-> 00:31:36,720 |right down into the center and certain treatment level, right in here, you would be hunting daily for our one hour 15 minute or five minute. At the time of a
178 +|177 |00:31:36,750 ~-~-> 00:31:48,630 |open or closed on a session I means long open New York open on enclose in those three, some sort of bullish price pattern. In those time windows would be a
179 +|178 |00:31:48,630 ~-~-> 00:31:58,560 |catalyst to catch along in there again, assuming that that's the case, and you were able to get in. Again, we're going to use the worst case scenario, the
180 +|179 |00:31:58,560 ~-~-> 00:32:07,680 |actual order block high, back to the old high is over 300 pips again, leaving a small portion just in case it wants to run and run it does. continues on trading
181 +|180 |00:32:07,680 ~-~-> 00:32:16,890 |on higher, we see price move up in here, we have a large, rather large order block. And here, we trade within, these are the ones you want to break down on
182 +|181 |00:32:16,890 ~-~-> 00:32:28,290 |the daily for our one hour chart. But it's still beneficial to utilize the weekly timeframe because it is again another reason to frame rather explosive
183 +|182 |00:32:29,340 ~-~-> 00:32:44,040 |trades and also very large profit objectives in terms of looking for where prices may reach. Again, I'm just sticking with the buys. And I'll leave it to
184 +|183 |00:32:44,040 ~-~-> 00:32:52,920 |you to go back to the first volume and applying the 918 to see where we are in terms of overlaying that because really, what you're also going to do is when
185 +|184 |00:32:52,920 ~-~-> 00:33:02,130 |you have a confluence of the order flow on a weekly basis, going one direction, and then you're looking for order blocks inside that same premise. It's
186 +|185 |00:33:02,130 ~-~-> 00:33:11,700 |absolutely crazy on how much these these moves move, it's it they just explode and where they go, it's well beyond where you think they're going to go. And
187 +|186 |00:33:11,700 ~-~-> 00:33:25,170 |this and then these are just enormous in terms of how far and how vast the price surges go. And the clients still go, we have. Again, this is a it's really
188 +|187 |00:33:25,170 ~-~-> 00:33:32,640 |difficult for me to say okay, well, this is going to be a great waterblock to show you because it doesn't fit, it doesn't fit the definition. So I would have
189 +|188 |00:33:32,640 ~-~-> 00:33:41,850 |to go down into a daily timeframe to illustrate here but you can pretty much see rally comes back down into that same area and rallies off again, this is the
190 +|189 |00:33:41,850 ~-~-> 00:33:52,560 |order block that I would use in missing the weekly opportunity back here. And that's fine, I don't care i'm not pressed to catch every move I want to have
191 +|190 |00:33:52,860 ~-~-> 00:34:02,880 |every lot everything lined up based on my parameters. And here's the order block because it has a majority of body in that candle. That's what I want to see
192 +|191 |00:34:02,880 ~-~-> 00:34:12,540 |prior to the move up. So we get back down into the order block here. And inside this order block we'll be looking for daily for our one hour 15 minute and five
193 +|192 |00:34:12,540 ~-~-> 00:34:22,200 |minute basis or not price patterns to entry to alongside around time and price windows of London open New York open and London close those three time windows
194 +|193 |00:34:22,560 ~-~-> 00:34:34,380 |are are catalysts for time and price to meet and then you can see price taking off here. Okay, again focusing just again, I only want to focus on one side of
195 +|194 |00:34:34,380 ~-~-> 00:34:42,060 |the market not because there isn't a reason to go long or short in here I just want to give you one side because everything else is just reverse of that. Okay,
196 +|195 |00:34:42,630 ~-~-> 00:34:54,390 |we have a very explosive move higher. And notice on avoiding this candle here, okay, and you're still inside that range anyway with this candle. Price rallies
197 +|196 |00:34:54,390 ~-~-> 00:35:05,130 |up comes all the way back down into the order block. Okay, if you're looking for a long in here taking any price pattern when time price meets kill zone, ICT
198 +|197 |00:35:05,130 ~-~-> 00:35:22,200 |kill zone is 300 I'm sorry 13 165 pips made available just by returning back to this old high and it only takes 1-234-567-8910 1112 about three months to get to
199 +|198 |00:35:22,200 ~-~-> 00:35:33,150 |1300 pips. And that's pretty nice pretty crazy. But that's what's available to you when you start trading with this type of concept. Okay, we move back down
200 +|199 |00:35:33,150 ~-~-> 00:35:43,380 |inside the same order block of extended out in here. Okay, trades right down into it again, rallies off one more time. Okay, and there's a couple 100 pips
201 +|200 |00:35:43,380 ~-~-> 00:36:03,810 |available as well there. And I'll show you one here. Here's your order block. Big bearish candle prior to move up. Okay, we entered the order block. I'll fix
202 +|201 |00:36:03,810 ~-~-> 00:36:18,750 |it Get over here. Big order block. Okay, arrives on takes off. And again, just getting back to previous highs,
203 +|202 |00:36:19,650 ~-~-> 00:36:32,130 |which it did in every instance here. huge profit potential, absolutely. astronomical in terms of how much is available. We have one more. Here. Again,
204 +|203 |00:36:32,130 ~-~-> 00:36:40,560 |these are weekly order blocks, guys, you're focusing on the big moves away from a particular level when it trades back down into it again. Okay, pulling your
205 +|204 |00:36:40,560 ~-~-> 00:36:55,530 |fibs across that looking for bullish patterns, okay to frame your old highs and lows as targets. See it handsomely, handsomely tags. Okay. You can see clearly
206 +|205 |00:36:55,530 ~-~-> 00:37:04,170 |that there's a lot of opportunity made available to you trading with this premise of mine because it gives you a very long term perspective. And once
207 +|206 |00:37:04,170 ~-~-> 00:37:14,490 |these order blocks start to unfold, you can trade scalping, short term intraday trading day trading or short term trading with the weekly range premise that we
208 +|207 |00:37:14,490 ~-~-> 00:37:25,470 |teach in that directional premise. Okay, so that's how you get the direction right? Okay, that's how it assists me as a trader and keeping the direction you
209 +|208 |00:37:25,770 ~-~-> 00:37:38,730 |focused in mind. And you can see another order block retested here, rallies up and this order block as well. Right there realize off and this one is well here,
210 +|209 |00:37:38,730 ~-~-> 00:37:44,490 |which we just saw last week. So hopefully this has been insightful to you guys. And I wish you good luck and good trading.
4 4  
5 -2
6 -00:01:10,560 ~-~-> 00:01:17,310
7 -precision concepts series and the initial video video one on
8 -
9 -3
10 -00:01:17,310 ~-~-> 00:01:22,770
11 -this three part series, we discussed weekly order flow and
12 -
13 -4
14 -00:01:22,770 ~-~-> 00:01:26,190
15 -the inherent advantages of understanding what the long term
16 -
17 -5
18 -00:01:26,190 ~-~-> 00:01:29,160
19 -order flow is on a weekly chart. Now we're going to be
20 -
21 -6
22 -00:01:29,160 ~-~-> 00:01:33,810
23 -focusing on really specific order blocks on a weekly basis.
24 -
25 -7
26 -00:01:34,200 ~-~-> 00:01:38,490
27 -And I've received a tremendous response in terms of
28 -
29 -8
30 -00:01:38,880 ~-~-> 00:01:43,380
31 -appreciation and astonishment with the precision that's
32 -
33 -9
34 -00:01:43,590 ~-~-> 00:01:48,690
35 -available with utilizing the the ICT order blocks on a daily
36 -
37 -10
38 -00:01:48,690 ~-~-> 00:01:54,180
39 -four hour and one hour basis. I'm sure a number of you
40 -
41 -11
42 -00:01:55,440 ~-~-> 00:01:58,560
43 -probably didn't consider the fact that you could utilize the
44 -
45 -12
46 -00:01:58,560 ~-~-> 00:02:02,790
47 -same premise on a week. And or monthly chart. And I'm going
48 -
49 -13
50 -00:02:02,790 ~-~-> 00:02:06,000
51 -to counsel you to study the markets of your choice on a
52 -
53 -14
54 -00:02:06,000 ~-~-> 00:02:10,080
55 -monthly basis and on your own leisure, okay, but we're going
56 -
57 -15
58 -00:02:10,080 ~-~-> 00:02:14,880
59 -to be utilizing really just a weekly basis, or weekly chart
60 -
61 -16
62 -00:02:14,970 ~-~-> 00:02:21,690
63 -as our premise for this teaching module. The previous video,
64 -
65 -17
66 -00:02:22,410 ~-~-> 00:02:27,030
67 -Volume One, we discussed weekly order flow, and I'm quite
68 -
69 -18
70 -00:02:27,030 ~-~-> 00:02:29,730
71 -certain that I'm going to be catching a lot of feedback
72 -
73 -19
74 -00:02:29,730 ~-~-> 00:02:33,750
75 -about those that want to have the actual direction right
76 -
77 -20
78 -00:02:33,840 ~-~-> 00:02:39,600
79 -100% of the time, and I cannot give you a tool or concept to
80 -
81 -21
82 -00:02:39,600 ~-~-> 00:02:44,130
83 -give you direction 100% of the time accurately. Okay. If you
84 -
85 -22
86 -00:02:44,130 ~-~-> 00:02:48,120
87 -find someone that can do that, I would absolutely love to
88 -
89 -23
90 -00:02:48,120 ~-~-> 00:02:50,220
91 -know who they are and if they have a service, I would be
92 -
93 -24
94 -00:02:50,220 ~-~-> 00:02:54,810
95 -willing to subscribe to it. But as it is now my faith in
96 -
97 -25
98 -00:02:54,810 ~-~-> 00:02:59,640
99 -that is very, very low and expectancy is even lower. So you
100 -
101 -26
102 -00:02:59,640 ~-~-> 00:03:03,990
103 -don't need That, okay, but volume three, we're going to be
104 -
105 -27
106 -00:03:03,990 ~-~-> 00:03:07,560
107 -discussing a concept that will help you in that area, if
108 -
109 -28
110 -00:03:07,560 ~-~-> 00:03:09,600
111 -that's something that you're going to be struggling with or
112 -
113 -29
114 -00:03:09,690 ~-~-> 00:03:14,610
115 -already adopted, you know, a hurdle with it. Okay. So if
116 -
117 -30
118 -00:03:14,610 ~-~-> 00:03:17,580
119 -it's already been a bothersome thought for you right now,
120 -
121 -31
122 -00:03:17,610 ~-~-> 00:03:21,060
123 -I'm going to put it aside and remove it for you in volume
124 -
125 -32
126 -00:03:21,060 ~-~-> 00:03:23,700
127 -three, but for now, let's just focus on the weekly order
128 -
129 -33
130 -00:03:23,700 ~-~-> 00:03:27,900
131 -blocks. Okay, now, a weekly order block is the same thing
132 -
133 -34
134 -00:03:27,900 ~-~-> 00:03:30,570
135 -we've been doing with the daily chart, four hour and one
136 -
137 -35
138 -00:03:30,570 ~-~-> 00:03:33,480
139 -hour chart, okay, we want to look for areas, okay, I'm going
140 -
141 -36
142 -00:03:33,480 ~-~-> 00:03:36,690
143 -to be trading, not trading, but I'm gonna be teaching
144 -
145 -37
146 -00:03:36,690 ~-~-> 00:03:40,530
147 -rather, with a clean chart, I'm not gonna be putting any
148 -
149 -38
150 -00:03:40,530 ~-~-> 00:03:43,080
151 -support resistance on it because, frankly, you understand
152 -
153 -39
154 -00:03:43,080 ~-~-> 00:03:45,180
155 -what it is that I look for in terms of support resistance,
156 -
157 -40
158 -00:03:45,750 ~-~-> 00:03:48,870
159 -but we're going to be looking for our specific reaction
160 -
161 -41
162 -00:03:49,320 ~-~-> 00:03:52,620
163 -levels. That's it. Okay. We're gonna be looking for where
164 -
165 -42
166 -00:03:52,620 ~-~-> 00:03:57,150
167 -price moved away from aggressively spend very little time
168 -
169 -43
170 -00:03:57,150 ~-~-> 00:04:01,560
171 -there. Okay, and then return back to it in the form of an
172 -
173 -44
174 -00:04:01,560 ~-~-> 00:04:07,980
175 -order block okay so now we could go through all this back
176 -
177 -45
178 -00:04:07,980 ~-~-> 00:04:10,380
179 -here but I'm going to be saving all this because I want to
180 -
181 -46
182 -00:04:10,380 ~-~-> 00:04:13,530
183 -be utilizing it for volume three because it's in trust me
184 -
185 -47
186 -00:04:13,530 ~-~-> 00:04:15,150
187 -it'll make a whole lot more sense when we get to the line
188 -
189 -48
190 -00:04:15,150 ~-~-> 00:04:18,480
191 -three. But in here we're gonna be talking about this area
192 -
193 -49
194 -00:04:18,480 ~-~-> 00:04:23,130
195 -here because I think it quick real quick glance okay market
196 -
197 -50
198 -00:04:23,130 ~-~-> 00:04:28,080
199 -structure alone should be flashing neon sign Hello, this is
200 -
201 -51
202 -00:04:28,080 ~-~-> 00:04:32,460
203 -a long term or intermediate term low in place because we
204 -
205 -52
206 -00:04:32,460 ~-~-> 00:04:38,040
207 -have higher short term lows on either side of it with higher
208 -
209 -53
210 -00:04:38,880 ~-~-> 00:04:43,980
211 -swing lows on the other side of it is well Okay, so we have
212 -
213 -54
214 -00:04:44,250 ~-~-> 00:04:48,630
215 -layered swing highs and swing lows. So we have basically a
216 -
217 -55
218 -00:04:48,630 ~-~-> 00:04:53,700
219 -fractal form. We have a low, a lower low, a higher low,
220 -
221 -56
222 -00:04:53,850 ~-~-> 00:05:00,480
223 -okay. And we saw price aggressively move higher often Whoa,
224 -
225 -57
226 -00:05:01,020 ~-~-> 00:05:10,350
227 -okay and we have a very clear order block right here. Okay,
228 -
229 -58
230 -00:05:10,710 ~-~-> 00:05:13,890
231 -and price comes down into it rather handsomely and then once
232 -
233 -59
234 -00:05:13,890 ~-~-> 00:05:19,860
235 -we form a solid swing low in here with a confirming
236 -
237 -60
238 -00:05:19,890 ~-~-> 00:05:22,590
239 -candlestick, not that I have a whole lot of faith in
240 -
241 -61
242 -00:05:22,590 ~-~-> 00:05:25,530
243 -candlestick patterns themselves but we have a nice hammer in
244 -
245 -62
246 -00:05:25,530 ~-~-> 00:05:34,710
247 -here and you see price has a really respectable rally. Now
248 -
249 -63
250 -00:05:34,710 ~-~-> 00:05:38,010
251 -we're going to assume that any long taken rate at the order
252 -
253 -64
254 -00:05:38,010 ~-~-> 00:05:41,550
255 -block we're going to assume that at 542 on a weekly chart,
256 -
257 -65
258 -00:05:41,820 ~-~-> 00:05:45,780
259 -again, this is the Euro USD fiber. Okay, buying there, the
260 -
261 -66
262 -00:05:45,780 ~-~-> 00:05:49,950
263 -potential in terms of range was 797. So approximately 100
264 -
265 -67
266 -00:05:49,950 ~-~-> 00:05:54,210
267 -pips so that's certainly respectable and by any standard, I
268 -
269 -68
270 -00:05:54,210 ~-~-> 00:05:56,850
271 -mean, if you're not impressed with hundred pips, I got
272 -
273 -69
274 -00:05:56,850 ~-~-> 00:06:02,070
275 -nothing for you. So we have a Obviously we see that the
276 -
277 -70
278 -00:06:02,070 ~-~-> 00:06:06,090
279 -advantages of seeing weekly order block illustrated here
280 -
281 -71
282 -00:06:07,710 ~-~-> 00:06:11,370
283 -price when it rally out of here it created another order
284 -
285 -72
286 -00:06:11,370 ~-~-> 00:06:20,130
287 -block okay and again I do not like the the long wick candles
288 -
289 -73
290 -00:06:20,130 ~-~-> 00:06:23,700
291 -here okay even though this is a hammer I would much rather
292 -
293 -74
294 -00:06:23,700 ~-~-> 00:06:30,030
295 -have my order block associated with this okay because this
296 -
297 -75
298 -00:06:30,030 ~-~-> 00:06:32,970
299 -candle has more body even though it does has wicks on it
300 -
301 -76
302 -00:06:33,000 ~-~-> 00:06:38,970
303 -okay it has more body to delineate it from this type of
304 -
305 -77
306 -00:06:38,970 ~-~-> 00:06:44,820
307 -event here where we have a very clear wick or hammer or a
308 -
309 -78
310 -00:06:44,820 ~-~-> 00:06:50,160
311 -doji, if you will. Price comes down, trades right into that
312 -
313 -79
314 -00:06:50,160 ~-~-> 00:06:59,970
315 -order block rallies off rather handsomely again. Now, again
316 -
317 -80
318 -00:07:00,000 ~-~-> 00:07:05,490
319 -We utilize market structure back here to frame this setup.
320 -
321 -81
322 -00:07:05,670 ~-~-> 00:07:09,540
323 -Okay, so it's right out of the sniper series. So it
324 -
325 -82
326 -00:07:09,540 ~-~-> 00:07:13,740
327 -shouldn't be nothing new to you there. As price began,
328 -
329 -83
330 -00:07:13,980 ~-~-> 00:07:22,620
331 -begins to trade higher obviously, we have new order blocks
332 -
333 -84
334 -00:07:23,670 ~-~-> 00:07:27,450
335 -forming where price came down, spend very little time here
336 -
337 -85
338 -00:07:27,480 ~-~-> 00:07:30,150
339 -rallies off aggressively and then drops back down into the
340 -
341 -86
342 -00:07:30,150 ~-~-> 00:07:35,130
343 -order block right here. Okay. And again we're just going to
344 -
345 -87
346 -00:07:35,130 ~-~-> 00:07:38,580
347 -use the old high Okay, I really want to be conservative in
348 -
349 -88
350 -00:07:38,580 ~-~-> 00:07:43,260
351 -terms of showing you what to anticipate or expect. Certainly
352 -
353 -89
354 -00:07:43,260 ~-~-> 00:07:46,860
355 -it's not limited to this Okay, so again, if we were buying
356 -
357 -90
358 -00:07:46,860 ~-~-> 00:07:52,860
359 -down here inside this order block just getting back to the
360 -
361 -91
362 -00:07:52,860 ~-~-> 00:07:59,070
363 -old highs back here, that's 1000 almost 1100 pips you heard
364 -
365 -92
366 -00:07:59,070 ~-~-> 00:08:05,340
367 -me right. Almost 1100 pips, okay? Some of the biggest moves
368 -
369 -93
370 -00:08:05,610 ~-~-> 00:08:09,720
371 -that you you see in my older videos where I was calling, you
372 -
373 -94
374 -00:08:09,720 ~-~-> 00:08:13,950
375 -know, summer lows and, you know, spring highs and such. This
376 -
377 -95
378 -00:08:13,950 ~-~-> 00:08:17,400
379 -is exactly what I was doing to frame all that. Okay, but you
380 -
381 -96
382 -00:08:17,400 ~-~-> 00:08:21,060
383 -all saw simply mean taking a Fibonacci tool and saying,
384 -
385 -97
386 -00:08:21,060 ~-~-> 00:08:23,970
387 -okay, here, we're gonna take this low here, and we're gonna
388 -
389 -98
390 -00:08:23,970 ~-~-> 00:08:26,820
391 -put it on this high. You can see when it comes down to the
392 -
393 -99
394 -00:08:26,820 ~-~-> 00:08:29,310
395 -second I'm centration level, I have an ICT optimal trade
396 -
397 -100
398 -00:08:29,310 ~-~-> 00:08:32,160
399 -entry. And that's what I was buying. The part that I was
400 -
401 -101
402 -00:08:32,160 ~-~-> 00:08:34,740
403 -leaving out was it was framed upon an order block.
404 -
405 -102
406 -00:08:36,179 ~-~-> 00:08:39,419
407 -Okay, I didn't honestly I didn't want to share that with you
408 -
409 -103
410 -00:08:39,419 ~-~-> 00:08:41,849
411 -because it wasn't I wasn't able to keep up with the
412 -
413 -104
414 -00:08:41,849 ~-~-> 00:08:43,949
415 -questions I was already being confronted with with the
416 -
417 -105
418 -00:08:43,949 ~-~-> 00:08:46,709
419 -information I was presenting at that time. So the institute
420 -
421 -106
422 -00:08:46,739 ~-~-> 00:08:50,489
423 -one more facet to you the concepts that I use, it just would
424 -
425 -107
426 -00:08:50,489 ~-~-> 00:08:53,459
427 -have been, I wouldn't be able to keep up with that probably
428 -
429 -108
430 -00:08:53,459 ~-~-> 00:08:56,399
431 -would have quit altogether because if I had tons and tons of
432 -
433 -109
434 -00:08:56,399 ~-~-> 00:09:00,749
435 -feedback, that is simply could not keep up with But you can
436 -
437 -110
438 -00:09:00,749 ~-~-> 00:09:03,749
439 -see the nice move back down into this area here. Now before
440 -
441 -111
442 -00:09:03,749 ~-~-> 00:09:07,229
443 -we go any farther, okay, before we go any farther, it's
444 -
445 -112
446 -00:09:07,229 ~-~-> 00:09:10,109
447 -important to note that when we're utilizing this weekly
448 -
449 -113
450 -00:09:10,109 ~-~-> 00:09:14,399
451 -timeframe, it's not simply that we got back down to a
452 -
453 -114
454 -00:09:14,399 ~-~-> 00:09:16,829
455 -previous order block level, okay? As soon as it gets down
456 -
457 -115
458 -00:09:16,829 ~-~-> 00:09:19,619
459 -and we buy, that's not that's not what we're doing here.
460 -
461 -116
462 -00:09:19,919 ~-~-> 00:09:25,559
463 -Okay? What we're looking for is a confluence of supporting
464 -
465 -117
466 -00:09:25,559 ~-~-> 00:09:27,809
467 -factors on the lower timeframes as well I mean some of the
468 -
469 -118
470 -00:09:27,809 ~-~-> 00:09:31,469
471 -daily chart for our chart, one hour chart, 15 minute chart
472 -
473 -119
474 -00:09:31,469 ~-~-> 00:09:34,349
475 -and as far as execution, we could get down to the nitty
476 -
477 -120
478 -00:09:34,349 ~-~-> 00:09:37,709
479 -gritty with it on a five minute timeframe. But it's got to
480 -
481 -121
482 -00:09:37,709 ~-~-> 00:09:43,139
483 -happen around a time window Okay, so time has to meet price
484 -
485 -122
486 -00:09:43,139 ~-~-> 00:09:46,109
487 -and price comes down to the area where we anticipate the
488 -
489 -123
490 -00:09:46,109 ~-~-> 00:09:50,399
491 -order block to fold. But then we have to wait for the the
492 -
493 -124
494 -00:09:50,429 ~-~-> 00:09:54,059
495 -price and time to meet I mean, the opens and closes that
496 -
497 -125
498 -00:09:54,059 ~-~-> 00:09:58,769
499 -means a lot of open, New York open, London close those time
500 -
501 -126
502 -00:09:58,769 ~-~-> 00:10:01,949
503 -windows. They're specific Pacific swing points that occur.
504 -
505 -127
506 -00:10:02,159 ~-~-> 00:10:05,489
507 -We do our trading and execution where we engage the market
508 -
509 -128
510 -00:10:05,519 ~-~-> 00:10:09,779
511 -in those three predominant timeframes. Okay? Yes, you can
512 -
513 -129
514 -00:10:09,779 ~-~-> 00:10:12,719
515 -trade during Asia, it simply avoided because it's to me it's
516 -
517 -130
518 -00:10:12,719 ~-~-> 00:10:16,529
519 -the accumulation phase of the day. Okay. But with that
520 -
521 -131
522 -00:10:16,529 ~-~-> 00:10:20,579
523 -assumption in mind, if you're a pattern trader, you could be
524 -
525 -132
526 -00:10:20,579 ~-~-> 00:10:23,189
527 -trading optimal trade entry Long's in here. You could be
528 -
529 -133
530 -00:10:23,189 ~-~-> 00:10:26,969
531 -trading any harmonic pattern that's bullish in here, okay,
532 -
533 -134
534 -00:10:26,969 ~-~-> 00:10:29,399
535 -you can trade degrees, you could trade to a bullish
536 -
537 -135
538 -00:10:29,399 ~-~-> 00:10:32,819
539 -stochastics or bullish MACD all those things that we see in
540 -
541 -136
542 -00:10:32,819 ~-~-> 00:10:36,389
543 -textbooks will suddenly now be profitable in this
544 -
545 -137
546 -00:10:36,389 ~-~-> 00:10:39,749
547 -environment. Why? Because we have the market trending higher
548 -
549 -138
550 -00:10:39,809 ~-~-> 00:10:43,169
551 -open, you know, order flow on a weekly basis is higher here.
552 -
553 -139
554 -00:10:43,559 ~-~-> 00:10:46,259
555 -You know, we see a retracement going down into a weekly
556 -
557 -140
558 -00:10:46,259 ~-~-> 00:10:49,289
559 -order block all of a sudden, you know, it's like a bat out
560 -
561 -141
562 -00:10:49,289 ~-~-> 00:10:52,229
563 -of hell. It takes off and starts running. It didn't even
564 -
565 -142
566 -00:10:52,229 ~-~-> 00:10:55,379
567 -stop at almost 1100 pips to slow down here at all.
568 -
569 -143
570 -00:10:55,379 ~-~-> 00:10:59,759
571 -Absolutely not is roared real, continuing higher. Okay. So
572 -
573 -144
574 -00:11:00,899 ~-~-> 00:11:03,419
575 -We also have this order back back here, this order block
576 -
577 -145
578 -00:11:03,419 ~-~-> 00:11:08,309
579 -rather, rather small. But I'm going to show you having this
580 -
581 -146
582 -00:11:08,309 ~-~-> 00:11:11,369
583 -mindset, if you have the patience, really. And what I'm
584 -
585 -147
586 -00:11:11,369 ~-~-> 00:11:13,379
587 -doing is I'm looking, I'm putting the horizontal portion of
588 -
589 -148
590 -00:11:13,379 ~-~-> 00:11:18,659
591 -this crosshair right on the top of this candle here. And I'm
592 -
593 -149
594 -00:11:18,659 ~-~-> 00:11:22,139
595 -going to show you just by going back to the old high, just
596 -
597 -150
598 -00:11:22,139 ~-~-> 00:11:27,239
599 -here. That's 260 plus pips. Just that little move right
600 -
601 -151
602 -00:11:27,239 ~-~-> 00:11:30,779
603 -there. That's in one week, one week and it didn't stop.
604 -
605 -152
606 -00:11:31,109 ~-~-> 00:11:35,009
607 -Didn't even stop this kept on going roll one up. Okay. So,
608 -
609 -153
610 -00:11:35,669 ~-~-> 00:11:39,389
611 -again, when you're looking for these types of setups, it is
612 -
613 -154
614 -00:11:39,389 ~-~-> 00:11:42,839
615 -absolutely paramount that you understand. We're not
616 -
617 -155
618 -00:11:43,019 ~-~-> 00:11:46,379
619 -increasing our risk or leverage on these trades. What we're
620 -
621 -156
622 -00:11:46,379 ~-~-> 00:11:49,679
623 -doing is we're keeping our risk very, very low. We're
624 -
625 -157
626 -00:11:49,679 ~-~-> 00:11:54,629
627 -keeping our leverage low, but we're opening our mind and
628 -
629 -158
630 -00:11:54,659 ~-~-> 00:11:59,969
631 -eyes to the likelihood of rather extremely large profit but
632 -
633 -159
634 -00:12:00,479 ~-~-> 00:12:03,839
635 -Okay, so yes, we can take a small portion of the trade off,
636 -
637 -160
638 -00:12:04,589 ~-~-> 00:12:07,679
639 -fund our position, get all the risk out of the trade take a
640 -
641 -161
642 -00:12:07,679 ~-~-> 00:12:10,439
643 -small portion that way, if it does come back down again and
644 -
645 -162
646 -00:12:10,439 ~-~-> 00:12:13,499
647 -stop us out in possibly created another new opportunity to
648 -
649 -163
650 -00:12:13,499 ~-~-> 00:12:16,709
651 -get long, but not necessarily true. It could be, you know,
652 -
653 -164
654 -00:12:16,739 ~-~-> 00:12:18,959
655 -we could be wrong on the trade as well. And this continue to
656 -
657 -165
658 -00:12:18,959 ~-~-> 00:12:21,929
659 -go lower, at least we paid for a position to at least take a
660 -
661 -166
662 -00:12:21,929 ~-~-> 00:12:24,389
663 -look at whether or not it's going to potentially pay out,
664 -
665 -167
666 -00:12:24,629 ~-~-> 00:12:27,959
667 -you know, for a rather large trading opportunity. Now, let's
668 -
669 -168
670 -00:12:27,959 ~-~-> 00:12:30,899
671 -assume Okay, I'm not going to break down the chart here. But
672 -
673 -169
674 -00:12:30,899 ~-~-> 00:12:33,089
675 -let's assume for a moment that we were able to find a trade
676 -
677 -170
678 -00:12:33,089 ~-~-> 00:12:37,349
679 -setup in here inside this weekly order block, risking our
680 -
681 -171
682 -00:12:37,349 ~-~-> 00:12:40,709
683 -average universal 30 PIP position. Okay, you know, what's
684 -
685 -172
686 -00:12:40,709 ~-~-> 00:12:43,439
687 -work? We took a long position in here, and we're risking 30
688 -
689 -173
690 -00:12:43,439 ~-~-> 00:12:46,259
691 -pips. Okay. Now, obviously, I'm speaking hypothetically,
692 -
693 -174
694 -00:12:46,319 ~-~-> 00:12:49,709
695 -because I don't have any charts opening up in here to show
696 -
697 -175
698 -00:12:49,709 ~-~-> 00:12:51,959
699 -you what this is, but we're just going to play devil's
700 -
701 -176
702 -00:12:51,959 ~-~-> 00:12:54,929
703 -advocate for a moment and assume for a moment he had trade
704 -
705 -177
706 -00:12:54,929 ~-~-> 00:12:58,649
707 -with 30 pips on wants to trade move 30 pips, okay, we could
708 -
709 -178
710 -00:12:58,649 ~-~-> 00:13:02,759
711 -go to break even Remove all the risk and let it go. Okay.
712 -
713 -179
714 -00:13:03,089 ~-~-> 00:13:06,299
715 -Now let's assume for a moment that we were trading with the
716 -
717 -180
718 -00:13:06,299 ~-~-> 00:13:12,689
719 -form of one standard lock, and we took five microwatts I'm
720 -
721 -181
722 -00:13:12,719 ~-~-> 00:13:16,049
723 -sorry, I'm five minutes off. Okay, so we'd have five, Mini,
724 -
725 -182
726 -00:13:16,169 ~-~-> 00:13:18,629
727 -lots left on, so you're making $5 per Pip.
728 -
729 -183
730 -00:13:20,009 ~-~-> 00:13:22,769
731 -watts. I want you to pay attention to this because this is
732 -
733 -184
734 -00:13:23,339 ~-~-> 00:13:30,209
735 -this is nuts. Okay, you're, you're risking $300 Okay, this
736 -
737 -185
738 -00:13:30,209 ~-~-> 00:13:33,629
739 -is the mindset you should be you coming to? you're risking
740 -
741 -186
742 -00:13:33,659 ~-~-> 00:13:38,399
743 -30 pips at $10 per PIP on a standard lot in here. No assume
744 -
745 -187
746 -00:13:38,399 ~-~-> 00:13:40,379
747 -and again, this is all assumption. You know, this is all
748 -
749 -188
750 -00:13:40,379 ~-~-> 00:13:43,859
751 -hypothetical speaking now. Assume you bought it. You took
752 -
753 -189
754 -00:13:43,859 ~-~-> 00:13:46,679
755 -off half a position. Now you got five minis on. So now you
756 -
757 -190
758 -00:13:46,679 ~-~-> 00:13:52,019
759 -can $5 per point. If you get in and you ride this thing up
760 -
761 -191
762 -00:13:52,019 ~-~-> 00:13:58,919
763 -here, okay. That's over five grand $5,000 on a trade that
764 -
765 -192
766 -00:13:58,919 ~-~-> 00:14:03,839
767 -you risk $300 On. I don't know where you're from. But that,
768 -
769 -193
770 -00:14:03,899 ~-~-> 00:14:08,549
771 -to me is outstanding. It's ridiculous. Okay, and you only
772 -
773 -194
774 -00:14:08,549 ~-~-> 00:14:13,889
775 -need a few of those a year over a collection of the majors,
776 -
777 -195
778 -00:14:13,889 ~-~-> 00:14:18,599
779 -that means that the swissy the Japanese yen, I don't like it
780 -
781 -196
782 -00:14:18,599 ~-~-> 00:14:23,729
783 -so much, but you can trade it, the Euro, the British Pound
784 -
785 -197
786 -00:14:23,729 ~-~-> 00:14:27,089
787 -Australian dollar, the kiwi and the Canadian dollar, you
788 -
789 -198
790 -00:14:27,089 ~-~-> 00:14:30,149
791 -could have just those pairs as a basket of what you trade as
792 -
793 -199
794 -00:14:30,149 ~-~-> 00:14:32,969
795 -your portfolio and effects. And if you look for these types
796 -
797 -200
798 -00:14:32,969 ~-~-> 00:14:38,849
799 -of setups in this market, I'm telling you, this is where you
800 -
801 -201
802 -00:14:38,849 ~-~-> 00:14:42,809
803 -clean up and you clear out all of the drawdown periods you
804 -
805 -202
806 -00:14:42,809 ~-~-> 00:14:46,229
807 -take out all of the big losses or strings of losses, okay?
808 -
809 -203
810 -00:14:47,099 ~-~-> 00:14:49,829
811 -When you have a small section of your account allocated to
812 -
813 -204
814 -00:14:49,829 ~-~-> 00:14:52,079
815 -trading like this and still you can do day trading, you
816 -
817 -205
818 -00:14:52,079 ~-~-> 00:14:55,619
819 -still scout you can still still do short term trading, okay,
820 -
821 -206
822 -00:14:55,739 ~-~-> 00:14:59,699
823 -but you need these types of things to act as a Mr. Clean
824 -
825 -207
826 -00:14:59,759 ~-~-> 00:15:01,859
827 -map. Magic Eraser, if you will, have you ever used one of
828 -
829 -208
830 -00:15:01,859 ~-~-> 00:15:03,989
831 -those things? They're amazing. My wife brought this thing
832 -
833 -209
834 -00:15:03,989 ~-~-> 00:15:07,319
835 -home one day, and we had something over our counter could
836 -
837 -210
838 -00:15:07,319 ~-~-> 00:15:10,019
839 -not get it off. So she brings this little thing home and
840 -
841 -211
842 -00:15:10,019 ~-~-> 00:15:12,359
843 -like, what is this? She goes, it's a magic eraser. So of
844 -
845 -212
846 -00:15:12,359 ~-~-> 00:15:14,129
847 -course, naturally, I'm thinking she's full of crap. And
848 -
849 -213
850 -00:15:14,129 ~-~-> 00:15:17,609
851 -like, what are we talking about? No, you wet it, you rub it
852 -
853 -214
854 -00:15:17,609 ~-~-> 00:15:20,249
855 -on it, and it takes the thing right off. Well, this type of
856 -
857 -215
858 -00:15:20,249 ~-~-> 00:15:23,669
859 -trading is like a magic eraser, okay, it completely takes
860 -
861 -216
862 -00:15:23,669 ~-~-> 00:15:28,109
863 -away all of the stains of poor execution, portrayed
864 -
865 -217
866 -00:15:28,109 ~-~-> 00:15:32,009
867 -selection or Russian, okay, and you don't even trade a whole
868 -
869 -218
870 -00:15:32,009 ~-~-> 00:15:34,169
871 -lot and you don't risk a whole lot. It's the same amount of
872 -
873 -219
874 -00:15:34,169 ~-~-> 00:15:36,449
875 -leverage the same amount of stuff getting in, but look what
876 -
877 -220
878 -00:15:36,449 ~-~-> 00:15:40,199
879 -you're doing. You're framing it with the mindset of a huge,
880 -
881 -221
882 -00:15:40,199 ~-~-> 00:15:45,359
883 -absolutely monster of a trading opportunity. Okay, in the
884 -
885 -222
886 -00:15:45,359 ~-~-> 00:15:50,489
887 -form of a weekly order block with a order flow. You moving
888 -
889 -223
890 -00:15:50,489 ~-~-> 00:15:53,429
891 -in one direction, you got everything lined up for you. Okay.
892 -
893 -224
894 -00:15:53,789 ~-~-> 00:15:55,979
895 -Also, if you know anything about seasonal tendencies in my
896 -
897 -225
898 -00:15:55,979 ~-~-> 00:15:58,739
899 -earlier work, you know, around September, we'd like to see a
900 -
901 -226
902 -00:15:58,739 ~-~-> 00:16:02,909
903 -rally come into The foreign exchange market and you see that
904 -
905 -227
906 -00:16:02,909 ~-~-> 00:16:05,909
907 -happening right here, lock stock and barrel, boom, it takes
908 -
909 -228
910 -00:16:05,909 ~-~-> 00:16:14,549
911 -off in rolls. Okay. Now again, much like we saw we talked
912 -
913 -229
914 -00:16:14,549 ~-~-> 00:16:19,979
915 -about earlier with the weekly order flow and how we allow
916 -
917 -230
918 -00:16:20,279 ~-~-> 00:16:24,479
919 -the market to do its retracements. There's nothing to fear
920 -
921 -231
922 -00:16:24,509 ~-~-> 00:16:28,559
923 -in regards to, you know, sitting on your hands because think
924 -
925 -232
926 -00:16:28,559 ~-~-> 00:16:32,099
927 -about what we're doing. If we're waiting on these long term
928 -
929 -233
930 -00:16:32,129 ~-~-> 00:16:35,729
931 -weekly positions to set up, okay, we can establish long term
932 -
933 -234
934 -00:16:35,729 ~-~-> 00:16:41,939
935 -positions, we can still trade our larger risk. Now with our
936 -
937 -235
938 -00:16:41,939 ~-~-> 00:16:44,939
939 -maximum say assume for a moment that we trade with a 2%
940 -
941 -236
942 -00:16:44,939 ~-~-> 00:16:48,329
943 -maximum, which is something I advise nothing more than 2%
944 -
945 -237
946 -00:16:48,419 ~-~-> 00:16:50,759
947 -even though you hear me talk about three and a half percent
948 -
949 -238
950 -00:16:50,759 ~-~-> 00:16:52,979
951 -as a maximum, that's my account when I'm trading for a
952 -
953 -239
954 -00:16:52,979 ~-~-> 00:16:56,609
955 -million dollars. You know that to me. I need that type of
956 -
957 -240
958 -00:16:56,639 ~-~-> 00:17:00,839
959 -gearing to get what I need done in the 36 And then pushing
960 -
961 -241
962 -00:17:00,839 ~-~-> 00:17:04,049
963 -it? Well, in your trading, if you're risking 2%, your
964 -
965 -242
966 -00:17:04,049 ~-~-> 00:17:09,029
967 -maximum, those conditions are authorized, okay? When you're
968 -
969 -243
970 -00:17:09,029 ~-~-> 00:17:11,009
971 -trading in line with the higher time frame premise, if
972 -
973 -244
974 -00:17:11,009 ~-~-> 00:17:13,079
975 -you're trading against the higher time frame premise like,
976 -
977 -245
978 -00:17:13,079 ~-~-> 00:17:15,719
979 -like doing something like this, first of all, I would advise
980 -
981 -246
982 -00:17:15,719 ~-~-> 00:17:19,109
983 -not to do that. But if you're a hardcore can't have it any
984 -
985 -247
986 -00:17:19,109 ~-~-> 00:17:21,419
987 -other way, but you've got to be taking a trade because it's
988 -
989 -248
990 -00:17:21,419 ~-~-> 00:17:23,579
991 -there and you're sitting there reading a chart, you know,
992 -
993 -249
994 -00:17:23,609 ~-~-> 00:17:27,449
995 -that's when you want to be risking a half of 1% or maximum
996 -
997 -250
998 -00:17:27,449 ~-~-> 00:17:31,499
999 -1%. Okay, because you're really you're swimming, you know,
1000 -
1001 -251
1002 -00:17:31,559 ~-~-> 00:17:35,459
1003 -upstream, you're trying to fight the tide. And I go, you
1004 -
1005 -252
1006 -00:17:35,459 ~-~-> 00:17:37,649
1007 -know, that analogy kind of goes against what I'm depicting
1008 -
1009 -253
1010 -00:17:37,649 ~-~-> 00:17:40,139
1011 -here as an up move, but what you're doing is you're trying
1012 -
1013 -254
1014 -00:17:40,139 ~-~-> 00:17:43,499
1015 -to, you know, go against the grain, and I'm sorry, I don't
1016 -
1017 -255
1018 -00:17:43,499 ~-~-> 00:17:45,839
1019 -want to arm wrestle. You know, the banks because they're
1020 -
1021 -256
1022 -00:17:45,839 ~-~-> 00:17:49,859
1023 -going to win every day. So what we do is we sit back on our
1024 -
1025 -257
1026 -00:17:49,859 ~-~-> 00:17:53,489
1027 -hands and wait for these retracements come back into known
1028 -
1029 -258
1030 -00:17:53,489 ~-~-> 00:17:54,059
1031 -orders.
1032 -
1033 -259
1034 -00:17:54,990 ~-~-> 00:17:58,500
1035 -I'm sorry, noon, or blocks and support resistance. And this
1036 -
1037 -260
1038 -00:17:58,500 ~-~-> 00:18:02,100
1039 -is one of those areas where Even though you have a you know,
1040 -
1041 -261
1042 -00:18:02,280 ~-~-> 00:18:06,060
1043 -a very nice block potentially down here, what did we talk
1044 -
1045 -262
1046 -00:18:06,060 ~-~-> 00:18:08,520
1047 -about before and you heard me talk about in the sniper
1048 -
1049 -263
1050 -00:18:08,520 ~-~-> 00:18:11,400
1051 -series as well. If we have like a hammer or a wick, I don't
1052 -
1053 -264
1054 -00:18:11,400 ~-~-> 00:18:15,690
1055 -like that. Okay, I want to see more body in the candle. Now
1056 -
1057 -265
1058 -00:18:15,870 ~-~-> 00:18:18,600
1059 -I'll use the top of this candle as the beginning of my order
1060 -
1061 -266
1062 -00:18:18,600 ~-~-> 00:18:20,910
1063 -block and if you draw that straight out, okay, you can see
1064 -
1065 -267
1066 -00:18:20,910 ~-~-> 00:18:24,240
1067 -we came right down to it and I know some of your pricing Why
1068 -
1069 -268
1070 -00:18:24,240 ~-~-> 00:18:27,090
1071 -don't you just draw the freakin line Huddleston until I'm
1072 -
1073 -269
1074 -00:18:27,090 ~-~-> 00:18:32,040
1075 -going to do now to keep the natives restless, not restless,
1076 -
1077 -270
1078 -00:18:32,040 ~-~-> 00:18:36,450
1079 -but people may be rather. So again, here's the the order
1080 -
1081 -271
1082 -00:18:36,450 ~-~-> 00:18:39,660
1083 -block here, price rallies up in the past you would see me in
1084 -
1085 -272
1086 -00:18:39,660 ~-~-> 00:18:42,330
1087 -the old pro traders club series. I would just simply
1088 -
1089 -273
1090 -00:18:42,450 ~-~-> 00:18:45,150
1091 -reference this swing low and the swing high and place it on
1092 -
1093 -274
1094 -00:18:45,150 ~-~-> 00:18:46,980
1095 -there and say okay, here's the optimal trade entry where I
1096 -
1097 -275
1098 -00:18:46,980 ~-~-> 00:18:50,400
1099 -was buying long. But really again, the framework is always
1100 -
1101 -276
1102 -00:18:50,430 ~-~-> 00:18:54,120
1103 -on the institutional order block over here. And when weekly
1104 -
1105 -277
1106 -00:18:54,120 ~-~-> 00:18:57,660
1107 -charts they're absolutely dynamite. They're just ridiculous
1108 -
1109 -278
1110 -00:18:57,660 ~-~-> 00:19:01,710
1111 -in terms of how much is made available. For you PIP
1112 -
1113 -279
1114 -00:19:02,520 ~-~-> 00:19:06,540
1115 -expectancy, and you just simply can't come up. You can't You
1116 -
1117 -280
1118 -00:19:06,540 ~-~-> 00:19:10,650
1119 -can't beat this type of setup the gearing for is you know,
1120 -
1121 -281
1122 -00:19:10,710 ~-~-> 00:19:13,770
1123 -the same amount of leverage and entry that you would take on
1124 -
1125 -282
1126 -00:19:13,770 ~-~-> 00:19:17,220
1127 -a normal short term trade or intraday trade. But you're
1128 -
1129 -283
1130 -00:19:17,220 ~-~-> 00:19:19,560
1131 -holding with the premise in mind you're going to get back to
1132 -
1133 -284
1134 -00:19:19,560 ~-~-> 00:19:23,400
1135 -an old high okay and again, since isn't the old order block
1136 -
1137 -285
1138 -00:19:23,400 ~-~-> 00:19:28,020
1139 -here for a long if we're buying anywhere in here to get back
1140 -
1141 -286
1142 -00:19:28,020 ~-~-> 00:19:31,800
1143 -to this high back here? I mean, I want you to pay attention
1144 -
1145 -287
1146 -00:19:31,800 ~-~-> 00:19:35,190
1147 -to this guys. This is this is this is exactly how if you
1148 -
1149 -288
1150 -00:19:35,190 ~-~-> 00:19:39,360
1151 -want to get wealthy This is out done. 1100 and 36 pips okay
1152 -
1153 -289
1154 -00:19:40,020 ~-~-> 00:19:46,200
1155 -1100 and 36 pips that's a huge move. absolutely huge. Okay.
1156 -
1157 -290
1158 -00:19:47,220 ~-~-> 00:19:50,460
1159 -We have smaller ranges in here that we're probably more
1160 -
1161 -291
1162 -00:19:50,460 ~-~-> 00:19:54,090
1163 -accustomed to seeing now and in most recent volatility, but
1164 -
1165 -292
1166 -00:19:54,150 ~-~-> 00:19:57,090
1167 -the order block in here, come down, you buy rally up in
1168 -
1169 -293
1170 -00:19:57,090 ~-~-> 00:20:02,430
1171 -here. Just that move Again, referencing this order block
1172 -
1173 -294
1174 -00:20:02,430 ~-~-> 00:20:09,570
1175 -here, back to here, it's 392 pips. There's nothing wrong
1176 -
1177 -295
1178 -00:20:09,570 ~-~-> 00:20:12,000
1179 -with that. There's nothing wrong. That's several hundred
1180 -
1181 -296
1182 -00:20:12,000 ~-~-> 00:20:14,790
1183 -pips that if it goes in your bank, you're gonna be you're
1184 -
1185 -297
1186 -00:20:14,790 ~-~-> 00:20:16,680
1187 -gonna be thankful for if it was going in mind, I know I
1188 -
1189 -298
1190 -00:20:16,680 ~-~-> 00:20:20,100
1191 -would be $120 per Pip. You damn right I'm gonna be happy
1192 -
1193 -299
1194 -00:20:20,100 ~-~-> 00:20:24,150
1195 -about it. So looking at how we look at the marketplace on a
1196 -
1197 -300
1198 -00:20:24,150 ~-~-> 00:20:29,340
1199 -weekly timeframe looking for where price rallies and pulls
1200 -
1201 -301
1202 -00:20:29,340 ~-~-> 00:20:32,100
1203 -back into a known order block, we just referenced this one
1204 -
1205 -302
1206 -00:20:32,100 ~-~-> 00:20:39,870
1207 -here. Okay, and let's call it again. Okay, we trade back
1208 -
1209 -303
1210 -00:20:39,870 ~-~-> 00:20:43,890
1211 -down into it again. Okay, very nice price structure, comes
1212 -
1213 -304
1214 -00:20:43,890 ~-~-> 00:20:47,160
1215 -back down dips into the order block. Notice it does not
1216 -
1217 -305
1218 -00:20:47,220 ~-~-> 00:20:50,220
1219 -violate this low. Again, this goes on the same thing we
1220 -
1221 -306
1222 -00:20:50,220 ~-~-> 00:20:53,160
1223 -talked about in the first volume. Where How do I know a
1224 -
1225 -307
1226 -00:20:53,160 ~-~-> 00:20:56,340
1227 -support resistance levels gonna hold? I don't really know if
1228 -
1229 -308
1230 -00:20:56,340 ~-~-> 00:21:00,330
1231 -it's gonna hold but if I see order block in the frame Work
1232 -
1233 -309
1234 -00:21:00,360 ~-~-> 00:21:03,900
1235 -of the price structure I don't think that it's going to give
1236 -
1237 -310
1238 -00:21:03,930 ~-~-> 00:21:08,220
1239 -up this level because somebody with more money than me cause
1240 -
1241 -311
1242 -00:21:08,220 ~-~-> 00:21:11,490
1243 -this market to rally up like this. If it comes back down to
1244 -
1245 -312
1246 -00:21:11,490 ~-~-> 00:21:14,130
1247 -this level if they're long here do you think they have a
1248 -
1249 -313
1250 -00:21:14,130 ~-~-> 00:21:18,390
1251 -vested interest in defending this area? Sure they do. And
1252 -
1253 -314
1254 -00:21:18,390 ~-~-> 00:21:20,850
1255 -you see that happening here price comes down into it. So
1256 -
1257 -315
1258 -00:21:20,850 ~-~-> 00:21:22,380
1259 -what are they going to do? They're going to buy more of it.
1260 -
1261 -316
1262 -00:21:22,590 ~-~-> 00:21:26,100
1263 -Okay and then price does what rallies off now guess
1264 -
1265 -317
1266 -00:21:26,130 ~-~-> 00:21:28,800
1267 -eventually it comes back down takes up that low but before
1268 -
1269 -318
1270 -00:21:28,800 ~-~-> 00:21:32,550
1271 -it does it before it does it Okay, just again, we're going
1272 -
1273 -319
1274 -00:21:32,550 ~-~-> 00:21:35,700
1275 -to buy the rate at the order block not dead lowest low here
1276 -
1277 -320
1278 -00:21:35,700 ~-~-> 00:21:39,780
1279 -and making it look perfect. what's available over 500 pips?
1280 -
1281 -321
1282 -00:21:40,140 ~-~-> 00:21:42,870
1283 -Now I don't know about you, but 500 pips is, yeah, that's,
1284 -
1285 -322
1286 -00:21:42,900 ~-~-> 00:21:48,450
1287 -that's pretty good. We're going to talk about a concept in
1288 -
1289 -323
1290 -00:21:48,450 ~-~-> 00:21:52,920
1291 -the third of this series, okay, where we can work both
1292 -
1293 -324
1294 -00:21:52,920 ~-~-> 00:21:56,700
1295 -directions. Okay. And I really want to only start talking
1296 -
1297 -325
1298 -00:21:56,700 ~-~-> 00:21:59,520
1299 -about here so I got to watch what I say not I'm trying to
1300 -
1301 -326
1302 -00:21:59,520 ~-~-> 00:22:02,160
1303 -keep anything from you, but you're learning it later on in
1304 -
1305 -327
1306 -00:22:02,220 ~-~-> 00:22:06,210
1307 -in the third video. We have another price structure here.
1308 -
1309 -328
1310 -00:22:06,300 ~-~-> 00:22:09,510
1311 -Okay, we have this low up to this high. So let me go back a
1312 -
1313 -329
1314 -00:22:09,510 ~-~-> 00:22:11,940
1315 -little bit. I want you to see it. Yes, we have this one here
1316 -
1317 -330
1318 -00:22:11,940 ~-~-> 00:22:15,090
1319 -this low to high, but we also have this reference point as
1320 -
1321 -331
1322 -00:22:15,090 ~-~-> 00:22:19,260
1323 -well. Okay? So this order block, we're going to come back to
1324 -
1325 -332
1326 -00:22:19,260 ~-~-> 00:22:27,960
1327 -that when again. Okay, notice how it's in support level. And
1328 -
1329 -333
1330 -00:22:27,960 ~-~-> 00:22:34,080
1331 -we're gonna continue it out. Look what it does, it comes
1332 -
1333 -334
1334 -00:22:34,080 ~-~-> 00:22:37,500
1335 -right back down and creates another opportunity to buy
1336 -
1337 -335
1338 -00:22:37,800 ~-~-> 00:22:41,880
1339 -inside that pre existing water block. Okay, and what does it
1340 -
1341 -336
1342 -00:22:41,880 ~-~-> 00:22:46,830
1343 -create again in here, a new order block right here. Okay,
1344 -
1345 -337
1346 -00:22:47,010 ~-~-> 00:22:50,370
1347 -just the last bearish candle prior to the lowest low before
1348 -
1349 -338
1350 -00:22:50,370 ~-~-> 00:22:52,800
1351 -it starts moving higher. So this low
1352 -
1353 -339
1354 -00:22:54,900 ~-~-> 00:22:57,540
1355 -forms inside this order block
1356 -
1357 -340
1358 -00:23:03,389 ~-~-> 00:23:06,779
1359 -Okay, see that price comes back down dips right into boom.
1360 -
1361 -341
1362 -00:23:07,079 ~-~-> 00:23:10,949
1363 -Now you know what's going to happen when I pull a fib on too
1364 -
1365 -342
1366 -00:23:10,949 ~-~-> 00:23:14,519
1367 -low to the high prior to its decline right here on the sweet
1368 -
1369 -343
1370 -00:23:14,519 ~-~-> 00:23:18,569
1371 -spot. Bang, there's a confluence. Okay, where's it trading
1372 -
1373 -344
1374 -00:23:18,569 ~-~-> 00:23:28,559
1375 -at? 1830 round number and the low see if I can get it. The
1376 -
1377 -345
1378 -00:23:28,559 ~-~-> 00:23:33,239
1379 -low comes in at 1824 Okay, so if you were trading right at
1380 -
1381 -346
1382 -00:23:33,239 ~-~-> 00:23:38,279
1383 -the 1830 round number can you draw down on that is six pips
1384 -
1385 -347
1386 -00:23:38,309 ~-~-> 00:23:41,219
1387 -so that's pretty respectable. Okay, again we're trading off
1388 -
1389 -348
1390 -00:23:41,219 ~-~-> 00:23:45,149
1391 -of a weekly chart not five minute chart. Okay, and just to
1392 -
1393 -349
1394 -00:23:45,149 ~-~-> 00:23:50,429
1395 -get back to the old high back here buying at the order block
1396 -
1397 -350
1398 -00:23:50,429 ~-~-> 00:23:53,279
1399 -nothing spectacular trying to reach for the lowest point not
1400 -
1401 -351
1402 -00:23:53,279 ~-~-> 00:23:57,089
1403 -only that, okay, we're looking at 490 pips or almost 500
1404 -
1405 -352
1406 -00:23:57,089 ~-~-> 00:24:01,859
1407 -pips again, just getting back at the old house. Okay, if you
1408 -
1409 -353
1410 -00:24:01,859 ~-~-> 00:24:04,079
1411 -were looking at market structure we have a swing low here,
1412 -
1413 -354
1414 -00:24:04,319 ~-~-> 00:24:07,409
1415 -we have swing low here, higher swing low here with higher
1416 -
1417 -355
1418 -00:24:07,409 ~-~-> 00:24:09,959
1419 -short term swing lows we have a potential intermediate term
1420 -
1421 -356
1422 -00:24:09,959 ~-~-> 00:24:15,749
1423 -to long term swing low here. Okay, so that means if we take
1424 -
1425 -357
1426 -00:24:15,749 ~-~-> 00:24:17,969
1427 -out this high here leaving a small portion of our trade on,
1428 -
1429 -358
1430 -00:24:18,299 ~-~-> 00:24:21,869
1431 -we could be looking to trade what back into this high. Now
1432 -
1433 -359
1434 -00:24:21,869 ~-~-> 00:24:28,619
1435 -again going back to this level here now we're looking at 760
1436 -
1437 -360
1438 -00:24:28,619 ~-~-> 00:24:33,719
1439 -pips or so yeah about 760 pips from entry here taking a
1440 -
1441 -361
1442 -00:24:33,719 ~-~-> 00:24:36,089
1443 -small portion off here and leaving a small portion with the
1444 -
1445 -362
1446 -00:24:36,089 ~-~-> 00:24:39,479
1447 -potential to look back at this high here. Why because we
1448 -
1449 -363
1450 -00:24:39,479 ~-~-> 00:24:43,199
1451 -have the market structure to at least give the impression
1452 -
1453 -364
1454 -00:24:43,199 ~-~-> 00:24:46,709
1455 -that we may try to get back up in that range. Okay. And look
1456 -
1457 -365
1458 -00:24:46,709 ~-~-> 00:24:52,499
1459 -at even blue beyond that pullback again. We have a bullish
1460 -
1461 -366
1462 -00:24:52,499 ~-~-> 00:25:01,949
1463 -move here. We have a water block right there. Trade down,
1464 -
1465 -367
1466 -00:25:01,979 ~-~-> 00:25:06,029
1467 -blew through it. Now this order block was violated. Okay,
1468 -
1469 -368
1470 -00:25:06,479 ~-~-> 00:25:09,299
1471 -when I see that I get a little nervous because I don't like
1472 -
1473 -369
1474 -00:25:09,299 ~-~-> 00:25:15,299
1475 -to see a bullish order block taken out. But reference it
1476 -
1477 -370
1478 -00:25:15,329 ~-~-> 00:25:19,349
1479 -with this old high back here. One of the central tenants we
1480 -
1481 -371
1482 -00:25:19,349 ~-~-> 00:25:22,469
1483 -have an understanding about support resistance is we are in
1484 -
1485 -372
1486 -00:25:22,469 ~-~-> 00:25:25,829
1487 -the gray when we're trading with it. We don't have a clear
1488 -
1489 -373
1490 -00:25:25,829 ~-~-> 00:25:29,369
1491 -level where it's going to go. Huddleston has his line on his
1492 -
1493 -374
1494 -00:25:29,429 ~-~-> 00:25:34,769
1495 -mt four, or you signal chart and he's therefore we got to
1496 -
1497 -375
1498 -00:25:34,769 ~-~-> 00:25:36,899
1499 -stop right here because you know, he has his line there.
1500 -
1501 -376
1502 -00:25:37,139 ~-~-> 00:25:39,479
1503 -They don't care about our lines. Okay, our lines are a
1504 -
1505 -377
1506 -00:25:39,479 ~-~-> 00:25:42,629
1507 -reference point that we arrive at. The levels are traded
1508 -
1509 -378
1510 -00:25:42,629 ~-~-> 00:25:45,629
1511 -based on the liquidity it's available around those levels.
1512 -
1513 -379
1514 -00:25:45,899 ~-~-> 00:25:49,859
1515 -On an institutional level, not a retail level. Okay. But
1516 -
1517 -380
1518 -00:25:49,889 ~-~-> 00:25:54,719
1519 -simply because we all trade and learn from the same toxic
1520 -
1521 -381
1522 -00:25:54,839 ~-~-> 00:26:01,949
1523 -textbooks and gurus I had no idea what they're doing. You
1524 -
1525 -382
1526 -00:26:01,949 ~-~-> 00:26:05,849
1527 -end up in the same crowd of losers if you don't have the
1528 -
1529 -383
1530 -00:26:05,849 ~-~-> 00:26:09,449
1531 -understanding of why the dealers take price to where they
1532 -
1533 -384
1534 -00:26:09,599 ~-~-> 00:26:15,569
1535 -take them before the real moves take place. Now moving
1536 -
1537 -385
1538 -00:26:15,569 ~-~-> 00:26:18,959
1539 -forward, you can see by moving lower like this, we did trade
1540 -
1541 -386
1542 -00:26:18,959 ~-~-> 00:26:24,569
1543 -back into these levels. But this order block being broken
1544 -
1545 -387
1546 -00:26:24,569 ~-~-> 00:26:27,779
1547 -like this, I would have to wait for another opportunity to
1548 -
1549 -388
1550 -00:26:27,779 ~-~-> 00:26:32,579
1551 -come back down into it. And that happened here. And right in
1552 -
1553 -389
1554 -00:26:32,579 ~-~-> 00:26:36,569
1555 -here would be another opportunity to trade into this bullish
1556 -
1557 -390
1558 -00:26:36,599 ~-~-> 00:26:40,469
1559 -order block. Because we have this high as an old high or
1560 -
1561 -391
1562 -00:26:40,469 ~-~-> 00:26:44,309
1563 -resistance now. It becomes an inversion level, because now
1564 -
1565 -392
1566 -00:26:44,309 ~-~-> 00:26:48,359
1567 -it becomes support. This wick is an inherent price action.
1568 -
1569 -393
1570 -00:26:48,419 ~-~-> 00:26:51,449
1571 -In other words, it blew out this level taken out stops,
1572 -
1573 -394
1574 -00:26:51,479 ~-~-> 00:26:54,719
1575 -which makes sense because as price was rallying up, trailing
1576 -
1577 -395
1578 -00:26:54,719 ~-~-> 00:26:56,699
1579 -stop losses would have been brought up to this level here
1580 -
1581 -396
1582 -00:26:56,699 ~-~-> 00:26:59,999
1583 -and they took them out and then rallied up, came back down.
1584 -
1585 -397
1586 -00:26:59,999 ~-~-> 00:27:02,369
1587 -One more time for good measure, and then ask when you see
1588 -
1589 -398
1590 -00:27:02,369 ~-~-> 00:27:05,789
1591 -the real extrapolated move on unfolding.
1592 -
1593 -399
1594 -00:27:14,099 ~-~-> 00:27:20,519
1595 -Again, this doesn't fit my criteria. So I would not see this
1596 -
1597 -400
1598 -00:27:20,549 ~-~-> 00:27:23,729
1599 -as an order block here. Even though in this case if it was
1600 -
1601 -401
1602 -00:27:23,729 ~-~-> 00:27:27,749
1603 -used, it would be perfect. But in fairness I want I want to
1604 -
1605 -402
1606 -00:27:27,749 ~-~-> 00:27:32,459
1607 -admit that that one really wouldn't be something I would see
1608 -
1609 -403
1610 -00:27:32,459 ~-~-> 00:27:34,799
1611 -now maybe on a daily chart or for our chart, there would
1612 -
1613 -404
1614 -00:27:34,799 ~-~-> 00:27:37,709
1615 -been something else there which obviously, which is what we
1616 -
1617 -405
1618 -00:27:37,709 ~-~-> 00:27:40,169
1619 -discussed earlier, that's what you're utilizing once you
1620 -
1621 -406
1622 -00:27:40,169 ~-~-> 00:27:45,959
1623 -have this in mind. And again, as we as we find these weekly
1624 -
1625 -407
1626 -00:27:45,959 ~-~-> 00:27:49,229
1627 -order blocks, okay, and this is one of the main reasons we
1628 -
1629 -408
1630 -00:27:49,229 ~-~-> 00:27:52,649
1631 -are discussing it is once you find one of these, well not
1632 -
1633 -409
1634 -00:27:52,649 ~-~-> 00:27:57,509
1635 -this one, we're gonna classify this one back here. Once we
1636 -
1637 -410
1638 -00:27:57,509 ~-~-> 00:28:01,169
1639 -trade back down in these order blocks, okay. When it starts
1640 -
1641 -411
1642 -00:28:01,169 ~-~-> 00:28:04,259
1643 -to unfold and rally up, we're not looking at five minute
1644 -
1645 -412
1646 -00:28:04,259 ~-~-> 00:28:06,389
1647 -charts to 15 minutes charts if we're long down here saying
1648 -
1649 -413
1650 -00:28:06,389 ~-~-> 00:28:08,399
1651 -okay, well it's going up enough pips for me, I'm just going
1652 -
1653 -414
1654 -00:28:08,399 ~-~-> 00:28:12,209
1655 -to get out. If you are framing your trade on this weekly
1656 -
1657 -415
1658 -00:28:12,209 ~-~-> 00:28:17,489
1659 -chart, what are you managing the trade on a 15 minute chart,
1660 -
1661 -416
1662 -00:28:18,209 ~-~-> 00:28:25,109
1663 -a 60 minute chart for our about a daily know you're managing
1664 -
1665 -417
1666 -00:28:25,109 ~-~-> 00:28:29,399
1667 -it on a weekly basis, the framework of the trade was derived
1668 -
1669 -418
1670 -00:28:29,699 ~-~-> 00:28:32,789
1671 -on the weekly chart. So if this is the old high back here,
1672 -
1673 -419
1674 -00:28:33,179 ~-~-> 00:28:35,009
1675 -or this high here, rather, I'm sorry, I'm getting ahead of
1676 -
1677 -420
1678 -00:28:35,009 ~-~-> 00:28:38,399
1679 -myself. If you're buying down inside this pre existing
1680 -
1681 -421
1682 -00:28:38,399 ~-~-> 00:28:40,739
1683 -order, the order block, okay, and again, we're going to say
1684 -
1685 -422
1686 -00:28:40,739 ~-~-> 00:28:43,529
1687 -we got in here, okay, for whatever reason, we saw something
1688 -
1689 -423
1690 -00:28:43,529 ~-~-> 00:28:47,399
1691 -was bullish here. Just getting back to that old high, that's
1692 -
1693 -424
1694 -00:28:47,399 ~-~-> 00:28:51,449
1695 -300 plus pips, okay, that's how you're managing it. But we
1696 -
1697 -425
1698 -00:28:51,449 ~-~-> 00:28:54,569
1699 -also learned that when we have highs like this there to
1700 -
1701 -426
1702 -00:28:54,569 ~-~-> 00:28:58,049
1703 -clean so we would expect not only for the price to rally up
1704 -
1705 -427
1706 -00:28:58,049 ~-~-> 00:29:00,509
1707 -to there, okay, but try to reach through it. You think it
1708 -
1709 -428
1710 -00:29:00,509 ~-~-> 00:29:04,379
1711 -reached through it here? Sure, it looks like it to me. And
1712 -
1713 -429
1714 -00:29:04,379 ~-~-> 00:29:08,399
1715 -when it comes back, what is it? Do it retest what an area of
1716 -
1717 -430
1718 -00:29:08,429 ~-~-> 00:29:11,579
1719 -old highs. Okay? Good the bodies of the candles and the
1720 -
1721 -431
1722 -00:29:11,579 ~-~-> 00:29:14,789
1723 -wicks. Take it right over here into that. So even though
1724 -
1725 -432
1726 -00:29:14,789 ~-~-> 00:29:18,509
1727 -this is not an order block, by definition with what I would
1728 -
1729 -433
1730 -00:29:18,509 ~-~-> 00:29:21,179
1731 -classify it as overbought, because it has too much of a
1732 -
1733 -434
1734 -00:29:21,179 ~-~-> 00:29:23,849
1735 -wick, I would rather see more body in that something like
1736 -
1737 -435
1738 -00:29:23,849 ~-~-> 00:29:27,149
1739 -this is more appropriate in my opinion. If you want to be
1740 -
1741 -436
1742 -00:29:27,149 ~-~-> 00:29:30,419
1743 -aggressive, you can trade these types of candles. And once
1744 -
1745 -437
1746 -00:29:30,419 ~-~-> 00:29:33,059
1747 -we have these big moves like this, I just seen a lot of
1748 -
1749 -438
1750 -00:29:33,059 ~-~-> 00:29:37,409
1751 -these type order blocks, quote unquote, fail and because I
1752 -
1753 -439
1754 -00:29:37,409 ~-~-> 00:29:41,609
1755 -want to give you the highest in terms of consistent approach
1756 -
1757 -440
1758 -00:29:41,609 ~-~-> 00:29:45,299
1759 -of utilization of these tools, you know, I want you to feel
1760 -
1761 -441
1762 -00:29:45,299 ~-~-> 00:29:47,729
1763 -confident utilizing them otherwise, it's absolutely
1764 -
1765 -442
1766 -00:29:47,729 ~-~-> 00:29:49,859
1767 -pointless and waste of your time and my time making these
1768 -
1769 -443
1770 -00:29:49,859 ~-~-> 00:29:54,449
1771 -videos. But when price comes back down to an area of support
1772 -
1773 -444
1774 -00:29:54,449 ~-~-> 00:29:58,619
1775 -resistance, okay, we have market structure, signifying that
1776 -
1777 -445
1778 -00:29:58,619 ~-~-> 00:30:01,619
1779 -we do have a trading range It was violated coming back down
1780 -
1781 -446
1782 -00:30:01,619 ~-~-> 00:30:12,659
1783 -into very clear discernible support resistance. Okay. And we
1784 -
1785 -447
1786 -00:30:12,659 ~-~-> 00:30:19,739
1787 -saw a price rally from there. Again we have a similar
1788 -
1789 -448
1790 -00:30:19,739 ~-~-> 00:30:23,519
1791 -scenario here. You could potentially use this as an alarm
1792 -
1793 -449
1794 -00:30:23,549 ~-~-> 00:30:27,209
1795 -clock. Again, I wouldn't I would reference it more so on a
1796 -
1797 -450
1798 -00:30:27,209 ~-~-> 00:30:30,359
1799 -retest of this old high here, so we had the market run
1800 -
1801 -451
1802 -00:30:30,359 ~-~-> 00:30:34,589
1803 -through it, trade back down into here. Okay, now, once it
1804 -
1805 -452
1806 -00:30:34,589 ~-~-> 00:30:38,729
1807 -starts to rally, I would view this candle okay, because
1808 -
1809 -453
1810 -00:30:38,729 ~-~-> 00:30:42,479
1811 -there's a much more body and not the wick here because it's
1812 -
1813 -454
1814 -00:30:42,689 ~-~-> 00:30:45,869
1815 -even though it has a little Wick here. It's it's to me, it
1816 -
1817 -455
1818 -00:30:45,869 ~-~-> 00:30:50,669
1819 -looks like it's being pushed down to accumulate more Long's
1820 -
1821 -456
1822 -00:30:50,669 ~-~-> 00:30:53,339
1823 -and then we have this supporting candlestick, not that it's
1824 -
1825 -457
1826 -00:30:53,339 ~-~-> 00:30:58,259
1827 -all by itself. You deriving the trade idea of a of a hammer.
1828 -
1829 -458
1830 -00:30:58,529 ~-~-> 00:31:02,699
1831 -I would rather see This as the bullish indication not that
1832 -
1833 -459
1834 -00:31:03,149 ~-~-> 00:31:12,869
1835 -the long wikked candlestick or hammer utilizing the previous
1836 -
1837 -460
1838 -00:31:12,869 ~-~-> 00:31:16,919
1839 -order block, price trades down into the order block
1840 -
1841 -461
1842 -00:31:25,140 ~-~-> 00:31:28,860
1843 -right down into the center treatment level. Right in here
1844 -
1845 -462
1846 -00:31:28,890 ~-~-> 00:31:33,810
1847 -you would be hunting daily for hour one hour 15 minutes or
1848 -
1849 -463
1850 -00:31:33,810 ~-~-> 00:31:38,790
1851 -five minutes at a time of a open or closed on a session that
1852 -
1853 -464
1854 -00:31:38,790 ~-~-> 00:31:42,690
1855 -means London open New York open and enclosed in those three
1856 -
1857 -465
1858 -00:31:42,720 ~-~-> 00:31:47,160
1859 -some sort of bullish price pattern. In news time windows
1860 -
1861 -466
1862 -00:31:47,190 ~-~-> 00:31:52,860
1863 -would be a catalyst to catch along in near again, assuming
1864 -
1865 -467
1866 -00:31:52,860 ~-~-> 00:31:57,210
1867 -that that's the case and you were able to get in. Again
1868 -
1869 -468
1870 -00:31:57,210 ~-~-> 00:31:59,250
1871 -we're going to use the worst case scenario the actual or
1872 -
1873 -469
1874 -00:31:59,250 ~-~-> 00:32:02,730
1875 -block hi Back to the old high is over 300 pips again,
1876 -
1877 -470
1878 -00:32:03,120 ~-~-> 00:32:05,490
1879 -leaving a small portion just in case it wants to run and run
1880 -
1881 -471
1882 -00:32:05,490 ~-~-> 00:32:10,260
1883 -it does, can use on trading on higher. We see price move up
1884 -
1885 -472
1886 -00:32:10,260 ~-~-> 00:32:13,680
1887 -in here, we have a large rather large order block in here.
1888 -
1889 -473
1890 -00:32:13,980 ~-~-> 00:32:16,770
1891 -We trade within. These are the ones you want to break down
1892 -
1893 -474
1894 -00:32:16,770 ~-~-> 00:32:19,530
1895 -on the daily for our one hour chart, but it's still
1896 -
1897 -475
1898 -00:32:19,800 ~-~-> 00:32:24,780
1899 -beneficial to utilize the weekly timeframe because it is
1900 -
1901 -476
1902 -00:32:24,840 ~-~-> 00:32:30,090
1903 -again another reason to frame rather explosive trades and
1904 -
1905 -477
1906 -00:32:30,090 ~-~-> 00:32:35,190
1907 -also very large profit objectives in terms of looking for
1908 -
1909 -478
1910 -00:32:35,190 ~-~-> 00:32:41,820
1911 -where prices may reach. Again, I'm just sticking with the
1912 -
1913 -479
1914 -00:32:41,820 ~-~-> 00:32:46,080
1915 -byes and I'll leave it to you to go back to the first volume
1916 -
1917 -480
1918 -00:32:46,380 ~-~-> 00:32:49,830
1919 -and applying the 918 to see where we are in terms of
1920 -
1921 -481
1922 -00:32:50,160 ~-~-> 00:32:52,560
1923 -overlaying that because really what you're also going to do
1924 -
1925 -482
1926 -00:32:52,560 ~-~-> 00:32:55,650
1927 -is when you have a confluence of the order flow on a weekly
1928 -
1929 -483
1930 -00:32:55,650 ~-~-> 00:32:58,680
1931 -basis going one direction and you're looking for order
1932 -
1933 -484
1934 -00:32:58,680 ~-~-> 00:33:04,320
1935 -blocks inside That same premise, it's absolutely crazy on
1936 -
1937 -485
1938 -00:33:04,320 ~-~-> 00:33:08,460
1939 -how much these these moves move, it's they just explode and
1940 -
1941 -486
1942 -00:33:08,940 ~-~-> 00:33:11,250
1943 -where they go, it's well beyond where you think they're
1944 -
1945 -487
1946 -00:33:11,250 ~-~-> 00:33:13,980
1947 -going to go. And just, it's just enormous in terms of how
1948 -
1949 -488
1950 -00:33:13,980 ~-~-> 00:33:17,940
1951 -far and how vast the price surges go. And the clients do.
1952 -
1953 -489
1954 -00:33:19,440 ~-~-> 00:33:25,860
1955 -Okay, we have again, this is, it's really difficult for me
1956 -
1957 -490
1958 -00:33:25,860 ~-~-> 00:33:28,200
1959 -to say, Okay, well, this is going to be a great waterblock
1960 -
1961 -491
1962 -00:33:28,200 ~-~-> 00:33:31,440
1963 -to show you, because it doesn't fit. It doesn't fit the
1964 -
1965 -492
1966 -00:33:31,470 ~-~-> 00:33:34,560
1967 -definition. So I would have to go down into daily timeframe
1968 -
1969 -493
1970 -00:33:34,980 ~-~-> 00:33:38,100
1971 -to illustrate here but you can pretty much see rally comes
1972 -
1973 -494
1974 -00:33:38,100 ~-~-> 00:33:41,610
1975 -back down into that same area, and rallies off again, this
1976 -
1977 -495
1978 -00:33:41,610 ~-~-> 00:33:46,080
1979 -is the order block that I would use and missing the weekly
1980 -
1981 -496
1982 -00:33:46,140 ~-~-> 00:33:49,320
1983 -opportunity back here. And that's fine. I don't care. I'm
1984 -
1985 -497
1986 -00:33:49,320 ~-~-> 00:33:53,160
1987 -not pressed to catch every move. I want to have every
1988 -
1989 -498
1990 -00:33:53,430 ~-~-> 00:33:56,910
1991 -everything lined up based on my parameters. And here's the
1992 -
1993 -499
1994 -00:33:56,910 ~-~-> 00:34:01,830
1995 -order block because it has a majority body in that candle
1996 -
1997 -500
1998 -00:34:02,070 ~-~-> 00:34:06,030
1999 -that's why my seat prior to the move up so we get back down
2000 -
2001 -501
2002 -00:34:06,030 ~-~-> 00:34:09,060
2003 -into order block here and inside this order block we will be
2004 -
2005 -502
2006 -00:34:09,060 ~-~-> 00:34:12,540
2007 -looking for daily for our women our 15 minute and five
2008 -
2009 -503
2010 -00:34:12,540 ~-~-> 00:34:17,940
2011 -minute basis on price patterns to entry to alongside around
2012 -
2013 -504
2014 -00:34:17,940 ~-~-> 00:34:20,730
2015 -time and price windows of the London open New York open in
2016 -
2017 -505
2018 -00:34:20,730 ~-~-> 00:34:24,120
2019 -London close those three time windows are catalysts for time
2020 -
2021 -506
2022 -00:34:24,120 ~-~-> 00:34:26,670
2023 -and price to meet and then you can see price taking off
2024 -
2025 -507
2026 -00:34:26,670 ~-~-> 00:34:33,960
2027 -here. Okay, again focusing just again I'm only want to focus
2028 -
2029 -508
2030 -00:34:33,960 ~-~-> 00:34:36,810
2031 -on one side of the market not because there isn't a reason
2032 -
2033 -509
2034 -00:34:36,810 ~-~-> 00:34:38,610
2035 -to go long or short in here, I just want to give you one
2036 -
2037 -510
2038 -00:34:38,610 ~-~-> 00:34:42,810
2039 -side because everything else is just reverse of it. Okay, we
2040 -
2041 -511
2042 -00:34:42,810 ~-~-> 00:34:48,390
2043 -have a very explosive move higher. And notice I'm avoiding
2044 -
2045 -512
2046 -00:34:48,390 ~-~-> 00:34:51,660
2047 -this candle here. Okay, and you're still inside that range
2048 -
2049 -513
2050 -00:34:51,660 ~-~-> 00:34:55,290
2051 -anyway with this candle. Price rallies up comes all the way
2052 -
2053 -514
2054 -00:34:55,290 ~-~-> 00:34:59,340
2055 -back down into the order block. Okay, if you're looking for
2056 -
2057 -515
2058 -00:34:59,340 ~-~-> 00:35:02,340
2059 -a long in here taking any price pattern when time price
2060 -
2061 -516
2062 -00:35:02,340 ~-~-> 00:35:06,900
2063 -meets a kill zone, ICT kill zone, there's 300 and I'm sorry
2064 -
2065 -517
2066 -00:35:06,900 ~-~-> 00:35:10,680
2067 -1300 and 65 pips made available just by returning back to
2068 -
2069 -518
2070 -00:35:10,680 ~-~-> 00:35:20,310
2071 -this old high and it only takes 1-234-567-8910 1112 about
2072 -
2073 -519
2074 -00:35:20,310 ~-~-> 00:35:25,410
2075 -three months to get to 1300 pips and that's pretty neat.
2076 -
2077 -520
2078 -00:35:25,410 ~-~-> 00:35:29,040
2079 -It's pretty crazy but that's what's available to you when
2080 -
2081 -521
2082 -00:35:29,040 ~-~-> 00:35:32,790
2083 -you start trading with this type of concept. Okay, we move
2084 -
2085 -522
2086 -00:35:32,790 ~-~-> 00:35:35,340
2087 -back down inside the same order block extended down here.
2088 -
2089 -523
2090 -00:35:35,760 ~-~-> 00:35:40,170
2091 -Okay, trades right down into it again, rallies off one more
2092 -
2093 -524
2094 -00:35:40,170 ~-~-> 00:35:43,830
2095 -time. Okay, and there's a couple hundred pips available as
2096 -
2097 -525
2098 -00:35:43,830 ~-~-> 00:35:51,570
2099 -well there. And I'll show you one here. Here's your order
2100 -
2101 -526
2102 -00:35:51,570 ~-~-> 00:35:59,520
2103 -block. Big bearish candle prior to the move up. Okay, we
2104 -
2105 -527
2106 -00:35:59,520 ~-~-> 00:36:07,500
2107 -entered the world. Block I'll fix only get over here. Big
2108 -
2109 -528
2110 -00:36:07,500 ~-~-> 00:36:16,770
2111 -water block. Okay, or how I zona takes off. And again, just
2112 -
2113 -529
2114 -00:36:16,770 ~-~-> 00:36:20,670
2115 -getting back to previous highs, which it did in every
2116 -
2117 -530
2118 -00:36:20,670 ~-~-> 00:36:24,810
2119 -instance here. huge profit potential absolutely astronomical
2120 -
2121 -531
2122 -00:36:24,810 ~-~-> 00:36:26,190
2123 -in terms of how much is available.
2124 -
2125 -532
2126 -00:36:27,000 ~-~-> 00:36:33,450
2127 -We have one more here. Again, these are weekly order blocks
2128 -
2129 -533
2130 -00:36:33,450 ~-~-> 00:36:37,170
2131 -guys you're focusing on the big moves away from a particular
2132 -
2133 -534
2134 -00:36:37,170 ~-~-> 00:36:40,440
2135 -level when it trades back down into it again. Okay, pulling
2136 -
2137 -535
2138 -00:36:40,440 ~-~-> 00:36:43,860
2139 -your fibs across that looking for bullish patterns, okay to
2140 -
2141 -536
2142 -00:36:43,860 ~-~-> 00:36:49,830
2143 -frame your old highs and lows as targets. See it handsomely,
2144 -
2145 -537
2146 -00:36:50,160 ~-~-> 00:36:56,130
2147 -handsomely tags it. Okay. You can see clearly that there's a
2148 -
2149 -538
2150 -00:36:56,130 ~-~-> 00:36:59,880
2151 -lot of opportunity made available to you trading with the
2152 -
2153 -539
2154 -00:36:59,880 ~-~-> 00:37:02,010
2155 -state The premise of mine because it gives you a very long
2156 -
2157 -540
2158 -00:37:02,010 ~-~-> 00:37:05,940
2159 -term perspective. And once these order blocks start to
2160 -
2161 -541
2162 -00:37:05,940 ~-~-> 00:37:11,310
2163 -unfold, you can trade scalping, short term intraday trading
2164 -
2165 -542
2166 -00:37:11,310 ~-~-> 00:37:14,010
2167 -day trading or short term trading with the weekly range
2168 -
2169 -543
2170 -00:37:14,010 ~-~-> 00:37:18,210
2171 -premise that we teach in that directional premise, okay, so
2172 -
2173 -544
2174 -00:37:18,210 ~-~-> 00:37:21,060
2175 -that's how you get the direction, right? Okay, that's how it
2176 -
2177 -545
2178 -00:37:21,060 ~-~-> 00:37:25,470
2179 -assists me as a trader and keeping the direction you know,
2180 -
2181 -546
2182 -00:37:25,770 ~-~-> 00:37:28,410
2183 -focused in mind and you can see another order block retested
2184 -
2185 -547
2186 -00:37:28,410 ~-~-> 00:37:36,300
2187 -here, rallies up and this order block as well. Right there
2188 -
2189 -548
2190 -00:37:36,330 ~-~-> 00:37:39,450
2191 -realize off and this one as well here, which we just saw
2192 -
2193 -549
2194 -00:37:39,450 ~-~-> 00:37:42,510
2195 -last week, so hopefully this has been insightful to you guys
2196 -
2197 -550
2198 -00:37:42,510 ~-~-> 00:37:44,490
2199 -and I wish you good luck and good trading.