Changes for page ICT - Precision Trading Volume 2 - An indepth study on Precision.srt

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... ... @@ -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.