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Version 1.1 by Drunk Monkey on 2020-11-20 16:40
Show last authors
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3 ICT: Okay, welcome back guys, we are in Volume Two of the
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7 precision concepts series and the initial video video one on
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11 this three part series, we discussed weekly order flow and
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15 the inherent advantages of understanding what the long term
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19 order flow is on a weekly chart. Now we're going to be
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23 focusing on really specific order blocks on a weekly basis.
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27 And I've received a tremendous response in terms of
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31 appreciation and astonishment with the precision that's
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35 available with utilizing the the ICT order blocks on a daily
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39 four hour and one hour basis. I'm sure a number of you
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43 probably didn't consider the fact that you could utilize the
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47 same premise on a week. And or monthly chart. And I'm going
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51 to counsel you to study the markets of your choice on a
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55 monthly basis and on your own leisure, okay, but we're going
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59 to be utilizing really just a weekly basis, or weekly chart
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63 as our premise for this teaching module. The previous video,
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67 Volume One, we discussed weekly order flow, and I'm quite
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71 certain that I'm going to be catching a lot of feedback
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75 about those that want to have the actual direction right
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79 100% of the time, and I cannot give you a tool or concept to
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83 give you direction 100% of the time accurately. Okay. If you
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87 find someone that can do that, I would absolutely love to
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91 know who they are and if they have a service, I would be
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95 willing to subscribe to it. But as it is now my faith in
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99 that is very, very low and expectancy is even lower. So you
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103 don't need That, okay, but volume three, we're going to be
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107 discussing a concept that will help you in that area, if
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111 that's something that you're going to be struggling with or
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115 already adopted, you know, a hurdle with it. Okay. So if
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119 it's already been a bothersome thought for you right now,
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123 I'm going to put it aside and remove it for you in volume
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127 three, but for now, let's just focus on the weekly order
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131 blocks. Okay, now, a weekly order block is the same thing
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135 we've been doing with the daily chart, four hour and one
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139 hour chart, okay, we want to look for areas, okay, I'm going
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143 to be trading, not trading, but I'm gonna be teaching
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147 rather, with a clean chart, I'm not gonna be putting any
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151 support resistance on it because, frankly, you understand
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155 what it is that I look for in terms of support resistance,
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159 but we're going to be looking for our specific reaction
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163 levels. That's it. Okay. We're gonna be looking for where
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167 price moved away from aggressively spend very little time
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171 there. Okay, and then return back to it in the form of an
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175 order block okay so now we could go through all this back
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179 here but I'm going to be saving all this because I want to
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183 be utilizing it for volume three because it's in trust me
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187 it'll make a whole lot more sense when we get to the line
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191 three. But in here we're gonna be talking about this area
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195 here because I think it quick real quick glance okay market
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199 structure alone should be flashing neon sign Hello, this is
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203 a long term or intermediate term low in place because we
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207 have higher short term lows on either side of it with higher
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211 swing lows on the other side of it is well Okay, so we have
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215 layered swing highs and swing lows. So we have basically a
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219 fractal form. We have a low, a lower low, a higher low,
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223 okay. And we saw price aggressively move higher often Whoa,
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227 okay and we have a very clear order block right here. Okay,
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231 and price comes down into it rather handsomely and then once
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235 we form a solid swing low in here with a confirming
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239 candlestick, not that I have a whole lot of faith in
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243 candlestick patterns themselves but we have a nice hammer in
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247 here and you see price has a really respectable rally. Now
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251 we're going to assume that any long taken rate at the order
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255 block we're going to assume that at 542 on a weekly chart,
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259 again, this is the Euro USD fiber. Okay, buying there, the
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263 potential in terms of range was 797. So approximately 100
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267 pips so that's certainly respectable and by any standard, I
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271 mean, if you're not impressed with hundred pips, I got
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275 nothing for you. So we have a Obviously we see that the
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279 advantages of seeing weekly order block illustrated here
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283 price when it rally out of here it created another order
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287 block okay and again I do not like the the long wick candles
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291 here okay even though this is a hammer I would much rather
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295 have my order block associated with this okay because this
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299 candle has more body even though it does has wicks on it
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303 okay it has more body to delineate it from this type of
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307 event here where we have a very clear wick or hammer or a
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311 doji, if you will. Price comes down, trades right into that
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315 order block rallies off rather handsomely again. Now, again
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319 We utilize market structure back here to frame this setup.
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323 Okay, so it's right out of the sniper series. So it
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327 shouldn't be nothing new to you there. As price began,
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331 begins to trade higher obviously, we have new order blocks
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335 forming where price came down, spend very little time here
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339 rallies off aggressively and then drops back down into the
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343 order block right here. Okay. And again we're just going to
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347 use the old high Okay, I really want to be conservative in
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351 terms of showing you what to anticipate or expect. Certainly
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355 it's not limited to this Okay, so again, if we were buying
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359 down here inside this order block just getting back to the
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363 old highs back here, that's 1000 almost 1100 pips you heard
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367 me right. Almost 1100 pips, okay? Some of the biggest moves
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371 that you you see in my older videos where I was calling, you
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375 know, summer lows and, you know, spring highs and such. This
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379 is exactly what I was doing to frame all that. Okay, but you
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383 all saw simply mean taking a Fibonacci tool and saying,
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387 okay, here, we're gonna take this low here, and we're gonna
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391 put it on this high. You can see when it comes down to the
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395 second I'm centration level, I have an ICT optimal trade
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399 entry. And that's what I was buying. The part that I was
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403 leaving out was it was framed upon an order block.
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407 Okay, I didn't honestly I didn't want to share that with you
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411 because it wasn't I wasn't able to keep up with the
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415 questions I was already being confronted with with the
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419 information I was presenting at that time. So the institute
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423 one more facet to you the concepts that I use, it just would
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427 have been, I wouldn't be able to keep up with that probably
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431 would have quit altogether because if I had tons and tons of
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435 feedback, that is simply could not keep up with But you can
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439 see the nice move back down into this area here. Now before
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443 we go any farther, okay, before we go any farther, it's
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447 important to note that when we're utilizing this weekly
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451 timeframe, it's not simply that we got back down to a
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455 previous order block level, okay? As soon as it gets down
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459 and we buy, that's not that's not what we're doing here.
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463 Okay? What we're looking for is a confluence of supporting
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467 factors on the lower timeframes as well I mean some of the
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471 daily chart for our chart, one hour chart, 15 minute chart
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475 and as far as execution, we could get down to the nitty
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479 gritty with it on a five minute timeframe. But it's got to
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483 happen around a time window Okay, so time has to meet price
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487 and price comes down to the area where we anticipate the
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491 order block to fold. But then we have to wait for the the
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495 price and time to meet I mean, the opens and closes that
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499 means a lot of open, New York open, London close those time
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503 windows. They're specific Pacific swing points that occur.
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507 We do our trading and execution where we engage the market
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511 in those three predominant timeframes. Okay? Yes, you can
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515 trade during Asia, it simply avoided because it's to me it's
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519 the accumulation phase of the day. Okay. But with that
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523 assumption in mind, if you're a pattern trader, you could be
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527 trading optimal trade entry Long's in here. You could be
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531 trading any harmonic pattern that's bullish in here, okay,
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535 you can trade degrees, you could trade to a bullish
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539 stochastics or bullish MACD all those things that we see in
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543 textbooks will suddenly now be profitable in this
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547 environment. Why? Because we have the market trending higher
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551 open, you know, order flow on a weekly basis is higher here.
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555 You know, we see a retracement going down into a weekly
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559 order block all of a sudden, you know, it's like a bat out
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563 of hell. It takes off and starts running. It didn't even
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567 stop at almost 1100 pips to slow down here at all.
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571 Absolutely not is roared real, continuing higher. Okay. So
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575 We also have this order back back here, this order block
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579 rather, rather small. But I'm going to show you having this
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583 mindset, if you have the patience, really. And what I'm
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587 doing is I'm looking, I'm putting the horizontal portion of
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591 this crosshair right on the top of this candle here. And I'm
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595 going to show you just by going back to the old high, just
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599 here. That's 260 plus pips. Just that little move right
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603 there. That's in one week, one week and it didn't stop.
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607 Didn't even stop this kept on going roll one up. Okay. So,
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611 again, when you're looking for these types of setups, it is
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615 absolutely paramount that you understand. We're not
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619 increasing our risk or leverage on these trades. What we're
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623 doing is we're keeping our risk very, very low. We're
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627 keeping our leverage low, but we're opening our mind and
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631 eyes to the likelihood of rather extremely large profit but
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635 Okay, so yes, we can take a small portion of the trade off,
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639 fund our position, get all the risk out of the trade take a
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643 small portion that way, if it does come back down again and
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647 stop us out in possibly created another new opportunity to
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651 get long, but not necessarily true. It could be, you know,
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655 we could be wrong on the trade as well. And this continue to
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659 go lower, at least we paid for a position to at least take a
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663 look at whether or not it's going to potentially pay out,
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667 you know, for a rather large trading opportunity. Now, let's
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671 assume Okay, I'm not going to break down the chart here. But
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675 let's assume for a moment that we were able to find a trade
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679 setup in here inside this weekly order block, risking our
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683 average universal 30 PIP position. Okay, you know, what's
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687 work? We took a long position in here, and we're risking 30
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691 pips. Okay. Now, obviously, I'm speaking hypothetically,
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695 because I don't have any charts opening up in here to show
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699 you what this is, but we're just going to play devil's
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703 advocate for a moment and assume for a moment he had trade
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707 with 30 pips on wants to trade move 30 pips, okay, we could
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711 go to break even Remove all the risk and let it go. Okay.
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715 Now let's assume for a moment that we were trading with the
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719 form of one standard lock, and we took five microwatts I'm
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723 sorry, I'm five minutes off. Okay, so we'd have five, Mini,
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727 lots left on, so you're making $5 per Pip.
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731 watts. I want you to pay attention to this because this is
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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.