ICT - Sniper Course - 01 - Enlisting module - Expectations and The Mark.srt

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ICT: Alright folks, we are looking at

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the scout sniper enlisting module for

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the ICT scout sniper Field Guide. Okay,

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what are we going to be covering in this

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presentation? Well, obviously it's

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designed for those individuals that are

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not familiar with my concepts. It's

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going to be a broad range. comprehensive

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approach to using the concepts that are

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hands on in the in the trenches type of

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application. For years I've been on the

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internet teaching conceptually, the

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things that I Do and the actual actual

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employment or step by step approach to

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utilizing the concepts has evaded most

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individuals because simply, they didn't

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put in the work and the exercises that

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were meant by taking the concepts and

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implementing them modularly through

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teaching videos. And what do I mean by

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that? Well, for those participants that

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have been following my work on YouTube,

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my own website, I had a blog years ago,

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and some threads on some on forums. They

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failed to utilize the concepts in a demo

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account, and use the concepts on a daily

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basis to familiarize themselves with

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price action concepts that are rather

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generic and you Video, if used properly,

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in the library that I've presented over

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the last few years, they were meant

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really to focus your attention on one

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specific component to understanding

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price action, and the application of the

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ICT tools. We're going to have in this

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eight part series, and this is episode

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one, there's gonna be a whole lot of dry

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stuff in the beginning. So prepare

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yourself for guys. It's like anything

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else if you go, if you go to sniper

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school, you're going to learn a lot of

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theory first, and you're going to learn

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a lot of, you know, trajectory, wind,

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all those things that are gonna affect

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you taking a shot before you ever put

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yourself in front of, you know, a rifle

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and scope up your target. You got to

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learn a lot of the boring stuff, okay,

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but I promise we're gonna get to that

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good stuff. You're all looking forward

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charts and get me and get me out types

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of situations. It's all going to be in

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this course. But again, you got to go

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through the boring stuff first guys. So

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we're going to, what are we gonna be

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covering? Let's look at that now.

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Obviously, you know, we're going to be

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looking at briefly, I'm gonna be

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introducing you what trading platform

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that I use in my teachings, and then the

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practice drills you're gonna be

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employing in this course. And I'm going

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to give you a general overview of the

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tight quote unquote, of trades this

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approach specializes in and what you

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should adopt as realistic expectations.

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And want to introduce you to the mo and

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the usual targets. And I'll give you an

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assignment for homework and it's going

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to be the mark.

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Alright, what trading platform are we

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gonna be utilizing in these teachings?

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And what do I use for my own analysis in

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my video, Use that you see on YouTube

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and on the inner circle trader comm

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website. Well, I use forex calm Ltd. Now

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it's very simple. You guys can go to

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Google and Google that, just as you see

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here on the screen. And it will give you

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a opportunity to download the Mt. Four.

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That's letter M is and Michael, t isn't

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Tom for

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meta trader.

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platform, it'll be it's a free download.

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Now before we get into all the debates

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as to what platform is useful, and you

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know, which one's better, blah, blah,

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blah. I'm not gonna argue which one's

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better, okay, I'm more or less gathering

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every one to one pool. It's up to you

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whether you want to drink from it or

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not. Okay, so a lot of the tools that I

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shared that are free, I don't sell

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anything else. So advice, I'll give

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signals and I got, I give resources,

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tools and concepts for you to employ and

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use in a demo account setting. I do not

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advocate you using my funds. So

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everything you learn here is just for

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your development on a personal scale.

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I'm just going to hint and point in

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direction and it's up to you to walk

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there and find it on your own. Okay? So

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now with forex.com, Ltd, again, it's

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simply for the utilization of their demo

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account. I do not trade live funds

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through forex.com Ltd. Okay, I simply

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use it for a demo account only. And

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because it's a free resource, it allows

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me to share a universal medium that

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everyone can employ. You can trade

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through your own individual platform if

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you choose to. But for the concepts that

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we're gonna be covering here, the tools

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that I'm gonna be sharing and the

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indicators that you will be using are

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plug and play with mt four. Okay, so

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just so you know that, you know, you're

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not locked into using this but there's

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going to be some tools that are rather

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unique To the MT four platform, and it's

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a plug and play type scenario. Now, I do

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not recommend you trade live, trade live

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funds with forex.com Ltd. Okay? Because

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I'm not an introducing broker, I'm not

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acting as an introducing broker and not

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a trade advisor. And I have no

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affiliation with forex.com Ltd. I have

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no affiliation really with any brokerage

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firm whatsoever. So please don't ask me

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which one I recommend if you choose to

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trade live funds. I don't do that. It's

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up to you. There's plenty of brokerages

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out there that you can choose from. I

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advise the viewer to use a demo account

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for practice purposes. Okay. So again, I

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can't stress it enough. forex.com Ltd is

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simply being utilized in my capacity as

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a mentor in a demo account setting only.

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And ideally, you want to use a demo

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account balance when you open up your

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demo account with forex calm Ltd. Or if

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you choose to do something else outside

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of the tools that I share. For platform

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purposes, choose a account balance that

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you would be actually you realistically

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employing if you were to go to live

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trading.

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Alright, what trades are classified as

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sniper setups, well, precision point

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entry prices that are applicable for use

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of limit order entry. Now if you're not

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accustomed to what a limit order is,

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we're going to cover that in later

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modules and we're going to actually give

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you live examples of when you would

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utilize that in your demo account, and

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how that works in favor of getting you

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the best possible entry price and

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limiting your your risk in terms of your

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stop loss. It's very useful in terms of

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controlling your overall risk and

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exposure to the market. But it doesn't

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completely eliminate the risk. It just

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helps you determine as precise as you

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possibly be, in terms of your actual

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entry price versus what you may get if

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you did a market order and the slippage

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that comes along with that. utilization

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of specific time of day criteria, so

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we're gonna be talking about specific

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times of the day that the Forex market

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sets up rather routinely in terms of

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specific price swings and how we can

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utilize that. So by coupling precision

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point entry prices, and utilizing time

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of day that between those two right

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there that really classifies it as a

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sniper setup because we know exactly

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what we're looking for in advance and we

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wait for that to unfold. Now, we also

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will have an advanced knowledge of

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target prices for positive exit points.

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In other words, we anticipate where

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price may be reaching to and based on

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that understanding what specific price

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levels we may be looking to exit at in

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our demo, trade. And the employment of

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strict risk management protocols. In

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other words, how much money are we

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risking, and how we quickly removing the

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risk and controlling the risk throughout

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the trade and calm and focused

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disciplinary trading without emotions

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and impatience. That last one right

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there is a doozy. It's very, very

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difficult for majority of traders out

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there to obtain this level of trading.

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But I can assure you it comes with time

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and it comes with a strict adherence to

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the process of trading. And that means

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finding what niche you're best suited

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for as a trader and that may be a

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specific time frame like you may be a

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good short term intraday scalper. It

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could be a swing trader, it could be a

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short term trader, you're in and out in

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a day or two or you could be a position

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trader. Okay. We'll give you some tools.

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concepts to help discern what that is

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for you on a personal level.

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All right, what realistic expectations

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should you hold?

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Well, let's first start off with the

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realistic as you can get, you will lose

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money, live and or demo money with these

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concepts. I cannot guarantee 100%

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trading, no one can no one ever will.

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And just don't expect it. You will not

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profit on every setup. As much as the

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setup may look like textbook conditions,

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you're going to still lose eventually on

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what may be the best looking, cheery

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setup you can possibly have and you

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still will see it fail, okay because

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there's nothing perfect in in trading.

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And you just can't obtain that level of

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trading obviously. And you're obviously

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going to miss opportunities. So you may

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sleep during a particular time of day or

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you may be taking a way you buy either

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attention or physically away from the

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charts. And so you can't take an

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opportunity. Maybe you are stalking

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expecting it to set up and you on me,

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unfortunately missed it, you're going to

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have to expect that in all levels of

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your trading. I mean, I have been

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trading for almost 20 years. And there's

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a lot of setups that I see coming by. I

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miss it by a number of things. And it's

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no reason for me to beat myself up over

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it. I just know that that trade wasn't

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mine. The next one's going to come

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around, it's just like buses. They'll

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come by if you wait around long enough,

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you'll see the next one come. I promise

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no wealth or easy journey to riches.

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Now, this is going to require you work.

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Okay. I'm going to give you some

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specific criteria. If you stick to it, I

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promise you, your understanding of the

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market will greatly increase and you'll

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be lightyears ahead of everyone else.

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Now theoretically, the concepts will

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lead to a better understanding of

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trading For you, every individual trader

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or developing trader that are watching

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this video series will not have

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identical results. Okay, so if you guys

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talk in chat rooms or if you share

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forums do not compare notes in such a

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way where, okay, how much money did you

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make on that demonstrate versus what I

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made. It's completely unique. And that's

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one of the beauty of trading because you

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don't have to limit yourself to what

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00:13:27,960 --> 00:13:30,060
everyone else is doing. Just simply

269
00:13:30,060 --> 00:13:31,950
because the tools I'm sharing right now

270
00:13:32,520 --> 00:13:35,760
are being universally shared. You may

271
00:13:35,820 --> 00:13:39,510
develop another level of understanding

272
00:13:39,930 --> 00:13:42,420
on a personal level with these tools and

273
00:13:42,420 --> 00:13:45,390
you'll make them your own and by subtly

274
00:13:45,390 --> 00:13:48,300
blending what you're comfortable with as

275
00:13:48,300 --> 00:13:51,030
a trader. Someone that may be a 30

276
00:13:51,030 --> 00:13:54,030
minute Chart Trader will make

277
00:13:54,390 --> 00:13:57,180
significantly far less than someone that

278
00:13:57,180 --> 00:14:00,420
is utilizing a four hour chart. setups

279
00:14:00,420 --> 00:14:02,670
that setup on that timeframe are going

280
00:14:02,670 --> 00:14:05,310
to be much larger in terms of magnitude.

281
00:14:05,310 --> 00:14:07,590
So it's very difficult for one to

282
00:14:07,590 --> 00:14:10,860
reasonably realistically expect your

283
00:14:10,890 --> 00:14:12,750
results to match everyone else doing it.

284
00:14:12,810 --> 00:14:15,510
Okay, so think about there's so many

285
00:14:15,540 --> 00:14:18,360
other guys and mentors and teachers out

286
00:14:18,360 --> 00:14:20,460
there and authors of books, why aren't

287
00:14:20,460 --> 00:14:23,160
we all having the same results because

288
00:14:23,160 --> 00:14:25,110
it's a unique experience, okay? And

289
00:14:25,110 --> 00:14:26,370
that's what makes this so difficult

290
00:14:26,370 --> 00:14:28,410
because it's not a team effort. It's not

291
00:14:28,410 --> 00:14:30,480
a team sport, and you're not going to

292
00:14:30,480 --> 00:14:32,970
win by everybody else doing doing it

293
00:14:32,970 --> 00:14:35,160
with you. Okay, now that we can

294
00:14:35,190 --> 00:14:37,860
cultivate a learning environment like

295
00:14:37,860 --> 00:14:39,720
we're doing here and forums and such,

296
00:14:40,020 --> 00:14:41,820
but the actually getting in the trenches

297
00:14:41,820 --> 00:14:43,890
clicking the mouse and getting into

298
00:14:44,100 --> 00:14:46,860
trades and suffering the drawdown and or

299
00:14:47,010 --> 00:14:49,200
the riches that come with profitable

300
00:14:49,320 --> 00:14:51,870
execution. That's all on a personal

301
00:14:51,870 --> 00:14:54,090
level, and no one can share that it's

302
00:14:54,090 --> 00:14:56,940
completely and uniquely yours. And you

303
00:14:56,940 --> 00:14:59,700
have to more or less accept that. Okay,

304
00:14:59,700 --> 00:15:02,160
so Going into this, understand that

305
00:15:02,370 --> 00:15:04,380
you're leading yourself to a better

306
00:15:04,380 --> 00:15:05,730
understanding of trading, but you're

307
00:15:05,730 --> 00:15:07,200
always going to be theoretically a

308
00:15:07,200 --> 00:15:08,250
student of price.

309
00:15:10,590 --> 00:15:12,960
And always focus on success being

310
00:15:12,960 --> 00:15:14,970
measured in small, incremental steps.

311
00:15:15,180 --> 00:15:16,650
And you're going to have to really

312
00:15:16,650 --> 00:15:19,110
submit the time. Because while these

313
00:15:19,110 --> 00:15:20,700
concepts we're going to be really,

314
00:15:20,700 --> 00:15:24,810
really concentrated in later portions of

315
00:15:24,810 --> 00:15:27,840
this series, it doesn't take away the

316
00:15:27,840 --> 00:15:30,780
work portion and the time that's needed

317
00:15:30,780 --> 00:15:33,090
for you to warm up to the concepts.

318
00:15:33,360 --> 00:15:35,730
Simply seeing in one or two examples in

319
00:15:36,030 --> 00:15:38,070
video format is not going to be enough.

320
00:15:38,070 --> 00:15:39,270
You're gonna have to be in the charts,

321
00:15:39,300 --> 00:15:41,430
hunting, looking at it, how to study it

322
00:15:41,430 --> 00:15:43,470
in hindsight and anticipating it in the

323
00:15:43,470 --> 00:15:45,570
future. So you got to submit the time.

324
00:15:45,870 --> 00:15:47,280
Now realistically, what am I talking

325
00:15:47,280 --> 00:15:49,200
about in terms of time, if you're not

326
00:15:49,200 --> 00:15:51,210
willing to put six months into these

327
00:15:51,210 --> 00:15:54,180
concepts, turn it off. Now you're

328
00:15:54,180 --> 00:15:57,630
wasting your time and you really, you're

329
00:15:57,630 --> 00:15:59,790
doing me no service at all, because I'm

330
00:15:59,790 --> 00:16:01,680
putting A lot of effort into this. So

331
00:16:01,830 --> 00:16:03,450
you should be doing the same thing

332
00:16:03,480 --> 00:16:05,430
invest the time is needed. And I'm

333
00:16:05,430 --> 00:16:07,530
talking minimum six months.

334
00:16:13,410 --> 00:16:15,660
Right, what ammo will use and what

335
00:16:15,660 --> 00:16:16,260
targets?

336
00:16:17,609 --> 00:16:19,859
Well, the methodology that we're sharing

337
00:16:19,859 --> 00:16:22,019
here is based on a principle I learned

338
00:16:22,019 --> 00:16:23,279
in 1994.

339
00:16:23,819 --> 00:16:25,859
Yes, I was trading way back then.

340
00:16:26,880 --> 00:16:29,100
Now the principle is triple screen. And

341
00:16:29,100 --> 00:16:31,470
it's found in a book titled trading for

342
00:16:31,470 --> 00:16:34,080
a living. Now, this was one of those

343
00:16:34,080 --> 00:16:36,780
little gems that I was in Columbia,

344
00:16:36,780 --> 00:16:39,090
Maryland. I reside in in Baltimore,

345
00:16:39,090 --> 00:16:41,520
Maryland. It's in the United States, in

346
00:16:41,520 --> 00:16:42,780
case you were wondering where that's at.

347
00:16:43,800 --> 00:16:47,190
And we had a traders library, it was a

348
00:16:47,190 --> 00:16:51,780
store that really was mainly mail order

349
00:16:52,020 --> 00:16:54,210
over the internet type deal, but it just

350
00:16:54,210 --> 00:16:56,670
happen to be in Maryland. So I was

351
00:16:56,670 --> 00:16:59,160
fortunate to be able to drive there and

352
00:16:59,160 --> 00:17:01,470
go through their book. And find some

353
00:17:01,680 --> 00:17:05,040
really interesting books. But because I

354
00:17:05,040 --> 00:17:08,820
was a fledgling technical analyst, and I

355
00:17:08,820 --> 00:17:09,810
didn't have a whole lot of money to

356
00:17:09,810 --> 00:17:12,990
start with, I was I was very shocked to

357
00:17:12,990 --> 00:17:15,360
see how much these books were being sold

358
00:17:15,360 --> 00:17:19,260
as an trading for a living. That title

359
00:17:19,260 --> 00:17:20,850
was exactly what I was looking for.

360
00:17:21,480 --> 00:17:22,830
Think about it, you know, if you want to

361
00:17:22,860 --> 00:17:25,350
be getting into this industry, as a

362
00:17:25,350 --> 00:17:27,090
trader, you know, with no understanding

363
00:17:27,090 --> 00:17:28,710
whatsoever except for the desire to want

364
00:17:28,710 --> 00:17:30,210
to make money and just sit home doing

365
00:17:30,210 --> 00:17:32,400
it. You couldn't find a better title

366
00:17:32,400 --> 00:17:33,660
book than that, you know, trading for a

367
00:17:33,660 --> 00:17:35,520
living that's exactly that personifies

368
00:17:35,550 --> 00:17:38,580
what traders do this for, they want to

369
00:17:38,670 --> 00:17:41,010
sustain themselves with just this as

370
00:17:41,010 --> 00:17:45,300
their means of income. So I purchased

371
00:17:45,300 --> 00:17:47,700
the book, and I'll be honest, when I

372
00:17:47,700 --> 00:17:49,020
first read, I was like, Man, this is

373
00:17:49,020 --> 00:17:51,270
ridiculous. I can't I can't get anything

374
00:17:51,270 --> 00:17:53,010
out of this. So I basically wasted like

375
00:17:53,010 --> 00:17:56,250
$40 and at the time I fought that and

376
00:17:56,490 --> 00:17:58,680
later on when I got a little bit more

377
00:17:58,680 --> 00:18:00,000
mature in terms of what I was thinking

378
00:18:00,000 --> 00:18:03,300
backing out of price charts and such. I

379
00:18:03,300 --> 00:18:06,720
found the latter chapters in his book I

380
00:18:06,720 --> 00:18:09,720
think if memory serves me it's page 285

381
00:18:09,750 --> 00:18:14,130
or there abouts. It's his concept of

382
00:18:14,160 --> 00:18:17,640
utilizing multiple timeframes. And I

383
00:18:17,640 --> 00:18:20,400
framed the concepts on Alexander elder

384
00:18:20,400 --> 00:18:21,540
which is the author of trading for a

385
00:18:21,540 --> 00:18:24,720
living ideas and maybe made subtle

386
00:18:24,720 --> 00:18:26,940
changes really. But if you really

387
00:18:26,940 --> 00:18:28,800
studied these concepts, you're going to

388
00:18:28,800 --> 00:18:33,900
find the the fingerprint of elder all

389
00:18:33,900 --> 00:18:37,710
through this, okay, and if one could

390
00:18:38,130 --> 00:18:40,440
claim authors of books as mentors, you

391
00:18:40,440 --> 00:18:42,990
know, obviously he was my, my first one,

392
00:18:42,990 --> 00:18:45,390
if you will. Majority of my other work

393
00:18:45,600 --> 00:18:49,890
comes from Larry Williams. Now, the

394
00:18:49,890 --> 00:18:52,380
premise is really to determine the

395
00:18:52,380 --> 00:18:54,510
likely direction of the market and then

396
00:18:54,510 --> 00:18:59,520
enter in that direction only. Now, in

397
00:18:59,520 --> 00:19:01,110
case you're one If it was just that one

398
00:19:01,110 --> 00:19:03,480
chapter that was useful, I'm going to

399
00:19:03,480 --> 00:19:04,770
recommend to you now that read the

400
00:19:04,770 --> 00:19:07,650
entire book, because it was my first

401
00:19:07,650 --> 00:19:10,800
trading text. But it was my first Aha.

402
00:19:11,520 --> 00:19:13,920
Manual, because there's so many gems

403
00:19:14,130 --> 00:19:16,230
tucked inside the texts. It's, it's,

404
00:19:16,290 --> 00:19:20,490
it's really rich, just the first few

405
00:19:20,580 --> 00:19:23,220
chapters dealing with psychology. You

406
00:19:23,220 --> 00:19:24,630
know, being a young guy and just

407
00:19:24,630 --> 00:19:26,910
impatient, and I have OCD and I have

408
00:19:26,910 --> 00:19:29,160
attention deficit disorder. And I have a

409
00:19:29,160 --> 00:19:33,630
very difficult time focusing, and a lot

410
00:19:33,630 --> 00:19:35,460
of that stuff because I grew up in an

411
00:19:35,460 --> 00:19:37,140
environment that when you read this,

412
00:19:37,140 --> 00:19:38,940
you'll understand I had a lot of

413
00:19:38,940 --> 00:19:42,660
similarities in the type of people that

414
00:19:42,660 --> 00:19:45,150
elder was describing as problematic

415
00:19:45,660 --> 00:19:47,580
people in terms of trading and how they

416
00:19:47,580 --> 00:19:50,040
have to overcome adversities

417
00:19:50,070 --> 00:19:52,440
psychologically, and how more or less

418
00:19:52,440 --> 00:19:54,690
it's a losers mentality that they have

419
00:19:54,690 --> 00:19:55,890
and what you're going to have to do to

420
00:19:55,890 --> 00:19:57,780
get beyond that. And I think it's an

421
00:19:57,780 --> 00:20:01,260
excellent read. So don't Just take the

422
00:20:01,290 --> 00:20:05,940
chapter on triple screen as the only

423
00:20:05,940 --> 00:20:08,220
real nugget in that book. It's it's,

424
00:20:08,250 --> 00:20:09,810
it's chock full of all kinds of

425
00:20:09,810 --> 00:20:13,140
wonderful insights, but really, the

426
00:20:13,140 --> 00:20:15,630
crowning jewel is the triple screen

427
00:20:15,630 --> 00:20:17,250
chapter and then obviously all the

428
00:20:17,250 --> 00:20:18,060
psychological.

429
00:20:19,710 --> 00:20:21,270
Right write up the does earlier in the

430
00:20:21,270 --> 00:20:21,660
book.

431
00:20:28,770 --> 00:20:31,710
Okay, we're going to give a homework

432
00:20:31,710 --> 00:20:33,780
assignment, okay? And it's going to be

433
00:20:33,780 --> 00:20:37,980
the mark. Now every sniper knows there

434
00:20:37,980 --> 00:20:41,190
is a target out there that he has to

435
00:20:41,190 --> 00:20:43,830
acquire, scope up and then take down.

436
00:20:44,730 --> 00:20:50,820
Now we're not going into a large list of

437
00:20:50,850 --> 00:20:52,350
technical things, but I'm going to give

438
00:20:52,350 --> 00:20:55,680
you an assignment for you to study. Now

439
00:20:55,680 --> 00:20:57,240
I'm not going to limit you to any

440
00:20:57,240 --> 00:20:59,730
particular pair. You can use this

441
00:21:00,000 --> 00:21:03,450
assignment on any currency pair you want

442
00:21:03,450 --> 00:21:05,040
but in this example I'm going to share

443
00:21:05,040 --> 00:21:06,720
with you and we're going to be utilizing

444
00:21:06,720 --> 00:21:08,880
the fiber which is the Euro USD pair.

445
00:21:09,120 --> 00:21:13,740
Okay. Hello Folks, we are now looking at

446
00:21:13,740 --> 00:21:16,800
the MT four platform. And we're going to

447
00:21:16,800 --> 00:21:19,800
open up a chart we're going to use the

448
00:21:19,800 --> 00:21:22,560
Euro USD pair and we're going to double

449
00:21:22,560 --> 00:21:23,100
tap

450
00:21:24,660 --> 00:21:26,040
the header of the chart and it'll

451
00:21:26,040 --> 00:21:26,820
maximize it.

452
00:21:28,950 --> 00:21:30,420
I'm going to change it to a candlestick

453
00:21:30,420 --> 00:21:30,780
chart.

454
00:21:32,790 --> 00:21:34,050
And we're gonna remove the grid by

455
00:21:34,050 --> 00:21:36,960
hitting our right mouse button, go down

456
00:21:36,960 --> 00:21:39,840
the grid, or you can hold down Control

457
00:21:39,840 --> 00:21:41,550
button hit G and remove your grid in the

458
00:21:41,550 --> 00:21:44,010
background. And we're going to set this

459
00:21:44,010 --> 00:21:47,490
to a more friendly to the eye color

460
00:21:47,490 --> 00:21:50,280
scheme. And I right clicked on the mouse

461
00:21:50,310 --> 00:21:54,840
button and it gives me this menu where I

462
00:21:54,840 --> 00:21:56,550
put the properties in in our in this

463
00:21:56,550 --> 00:21:59,100
little toggle box. I'm gonna click on

464
00:21:59,100 --> 00:22:02,610
black on white And sets the chart to

465
00:22:02,610 --> 00:22:05,880
this are using setting and I hit the

466
00:22:05,880 --> 00:22:06,480
shift

467
00:22:08,040 --> 00:22:09,420
key here, which sends

468
00:22:10,230 --> 00:22:12,660
the chart back away from the right edge.

469
00:22:12,660 --> 00:22:14,190
Now I like to have a little bit of open

470
00:22:14,190 --> 00:22:16,470
space over here. The amount of open

471
00:22:16,470 --> 00:22:18,600
space that you may or may not want is up

472
00:22:18,600 --> 00:22:20,400
to you, which you can slide that little

473
00:22:20,400 --> 00:22:22,560
triangle here by clicking on it with

474
00:22:22,560 --> 00:22:25,410
your left mouse button and just moving

475
00:22:25,410 --> 00:22:27,270
it along where you want it. Wherever you

476
00:22:27,270 --> 00:22:29,190
drop it, that's where the chart will

477
00:22:29,190 --> 00:22:32,760
end. Okay. So now what we're going to

478
00:22:32,760 --> 00:22:35,220
talk about here is I'm going to show you

479
00:22:35,220 --> 00:22:38,790
a 15 minute chart. And I'm going to ask

480
00:22:38,790 --> 00:22:43,080
you to look at this chart. Okay, and I

481
00:22:43,080 --> 00:22:45,720
want you to study it. And tell me what

482
00:22:45,720 --> 00:22:49,830
you see. After a period of time now I'm

483
00:22:49,830 --> 00:22:55,920
not asking you to send it obviously in

484
00:22:55,920 --> 00:22:57,630
the morning, I doubt I want you to send

485
00:22:57,630 --> 00:23:01,350
it to the thread at FX gate. Dot Coms,

486
00:23:01,920 --> 00:23:05,640
forum thread. And the thread that's self

487
00:23:05,640 --> 00:23:08,640
titled and with this video series, very

488
00:23:08,640 --> 00:23:11,400
easy to find. What we're looking at here

489
00:23:11,880 --> 00:23:15,030
is a specific price model that we're

490
00:23:15,030 --> 00:23:17,190
going to cover in great detail during

491
00:23:17,190 --> 00:23:20,010
this eight part video series. And I

492
00:23:20,010 --> 00:23:22,710
promise when you're done studying this,

493
00:23:22,740 --> 00:23:25,110
you're going to have far greater

494
00:23:25,110 --> 00:23:27,810
understanding and price action than any

495
00:23:27,870 --> 00:23:30,330
other resource available on the internet

496
00:23:30,360 --> 00:23:33,330
or in book. You're talking about

497
00:23:33,330 --> 00:23:36,120
something that is so generic, it's going

498
00:23:36,120 --> 00:23:40,350
to be always seen in the marketplace, in

499
00:23:40,350 --> 00:23:45,180
any timeframe, okay? But for real world

500
00:23:45,180 --> 00:23:48,210
purposes, okay for you to study. I want

501
00:23:48,210 --> 00:23:51,570
you to use this example here. Okay, and

502
00:23:51,870 --> 00:23:56,670
start with August 2013. And right now

503
00:23:56,670 --> 00:23:58,380
the time of this recording

504
00:23:59,730 --> 00:24:00,570
it is

505
00:24:03,149 --> 00:24:06,749
August 14, okay, and what I'm looking

506
00:24:06,749 --> 00:24:12,689
for is in terms of a repeating theme of

507
00:24:12,719 --> 00:24:15,299
what price is doing, and how it could be

508
00:24:15,329 --> 00:24:18,449
anticipated going in the future. And I

509
00:24:18,449 --> 00:24:26,099
also want you to note specific criteria

510
00:24:26,129 --> 00:24:29,639
that you see repeating in the way prices

511
00:24:29,639 --> 00:24:32,039
moving from one swing point to the next.

512
00:24:32,249 --> 00:24:34,409
Okay? And what is the swing point swing

513
00:24:34,409 --> 00:24:36,569
points are like this here, this low with

514
00:24:36,569 --> 00:24:38,909
higher lows on either side of it. Here's

515
00:24:38,909 --> 00:24:40,019
a low with higher lows

516
00:24:40,020 --> 00:24:40,800
on either side of it.

517
00:24:42,630 --> 00:24:45,660
Every turning point here, okay, these

518
00:24:45,660 --> 00:24:48,540
are all swing points. Now, if you don't

519
00:24:48,540 --> 00:24:50,190
understand what a swing point is, and

520
00:24:50,190 --> 00:24:52,800
you're if it's going a little too fast

521
00:24:52,800 --> 00:24:55,530
for you, the easiest way for you to

522
00:24:55,830 --> 00:24:58,230
learn to see what the swing part swing

523
00:24:58,230 --> 00:25:01,950
points are rather Mt four. If you go up

524
00:25:01,950 --> 00:25:04,650
to the little Insert tab, click on that.

525
00:25:05,100 --> 00:25:08,670
Go to indicators. And go over to Bill

526
00:25:08,670 --> 00:25:11,670
Williams section in the top of the list.

527
00:25:12,030 --> 00:25:14,160
It'll say fractals. Okay, if you click

528
00:25:14,160 --> 00:25:16,050
on that, it'll give you a little box

529
00:25:16,050 --> 00:25:18,330
here. Now I'm going to keep it red. And

530
00:25:18,360 --> 00:25:20,370
if you use this over here to tell you

531
00:25:20,370 --> 00:25:23,790
how big you want these fractal arrow

532
00:25:23,850 --> 00:25:26,130
arrows to appear on your chart, I'm

533
00:25:26,130 --> 00:25:28,890
going to use this setting here. And I

534
00:25:28,890 --> 00:25:31,350
click OK. And what that's done is it

535
00:25:31,350 --> 00:25:34,320
creates all these little arrowheads.

536
00:25:34,800 --> 00:25:37,110
Okay, and the arrowhead just delineates

537
00:25:37,470 --> 00:25:39,930
a point at which when one candle is

538
00:25:39,930 --> 00:25:43,530
surrounded by two higher load candles

539
00:25:43,530 --> 00:25:45,750
for a swing low, in this case, it would

540
00:25:45,750 --> 00:25:49,320
be here and for swing high, it would be

541
00:25:49,350 --> 00:25:51,990
a candle that has two lower highs on

542
00:25:51,990 --> 00:25:54,000
either side of it. Now I'll zoom in in a

543
00:25:54,000 --> 00:25:56,070
moment to give you a better view of what

544
00:25:56,070 --> 00:25:59,580
that looks like for now. You're not

545
00:25:59,580 --> 00:26:01,230
going to use Every single one of these

546
00:26:01,230 --> 00:26:04,140
obviously, okay? But what I want you to

547
00:26:04,140 --> 00:26:05,940
do is I want you to train your eye.

548
00:26:06,510 --> 00:26:08,970
Okay, and zoom in just for a little bit.

549
00:26:11,520 --> 00:26:13,290
Okay, I'll give you an example of what

550
00:26:13,440 --> 00:26:15,870
this is delineating here, the fractal

551
00:26:15,930 --> 00:26:20,040
arrow to take the toggle off so it

552
00:26:20,040 --> 00:26:21,360
doesn't move around as I'm talking.

553
00:26:22,020 --> 00:26:25,230
We'll use this one here. This fractal

554
00:26:25,230 --> 00:26:28,980
high has a lower candle to the left of

555
00:26:28,980 --> 00:26:31,170
it and to the left of that it's a lower

556
00:26:31,230 --> 00:26:34,680
candle. Okay, and then onwards this

557
00:26:34,680 --> 00:26:37,410
candle here has a lower high candle and

558
00:26:37,410 --> 00:26:39,390
a lower high candle so both these

559
00:26:39,390 --> 00:26:41,280
candles on the right have highs that's

560
00:26:41,280 --> 00:26:44,040
lower than the high this candle and

561
00:26:44,040 --> 00:26:46,110
these candles here on the left of it

562
00:26:47,040 --> 00:26:49,590
have lower highs and this candle high.

563
00:26:49,620 --> 00:26:52,500
So then the empty for platform will mark

564
00:26:52,500 --> 00:26:57,420
this as a fractal high. Okay. Now, as we

565
00:26:57,420 --> 00:27:00,450
will learn in later video module In this

566
00:27:00,450 --> 00:27:04,800
series, I do not require waiting until

567
00:27:04,800 --> 00:27:07,140
two candles after the highest form.

568
00:27:07,440 --> 00:27:09,270
Okay, sometimes you'll see that you'll

569
00:27:09,270 --> 00:27:12,300
miss the optimal entry point in terms of

570
00:27:12,360 --> 00:27:17,070
taking the trade, okay? And vice versa.

571
00:27:17,070 --> 00:27:19,590
And looking at the low here, if you see

572
00:27:19,590 --> 00:27:22,470
a low with two higher load candles on

573
00:27:22,470 --> 00:27:24,390
the left of it, and two higher load

574
00:27:24,390 --> 00:27:25,860
candles on the right of it, that would

575
00:27:25,860 --> 00:27:29,580
be a marker for a fractal low or swing

576
00:27:29,580 --> 00:27:32,370
low. Now, look at this chart for a

577
00:27:32,370 --> 00:27:34,260
second before we take the fractal

578
00:27:34,260 --> 00:27:39,450
indicator off. Now we're just going to

579
00:27:39,450 --> 00:27:43,770
take this indicator off. And now I want

580
00:27:43,770 --> 00:27:45,720
you to look at the chart again. Can you

581
00:27:45,720 --> 00:27:47,910
see those same reference points without

582
00:27:47,910 --> 00:27:50,370
having that tool applied to the chart?

583
00:27:51,480 --> 00:27:52,950
Because that's what you're going to have

584
00:27:52,950 --> 00:27:56,100
to learn to do. Okay, because you need

585
00:27:56,100 --> 00:27:59,640
to see these forming in real time and

586
00:28:00,000 --> 00:28:02,760
Right now I'll give you an example. We

587
00:28:02,760 --> 00:28:05,190
have one forming here. This is a live

588
00:28:05,220 --> 00:28:08,940
price chart, it's not recorded, I'm not

589
00:28:08,940 --> 00:28:11,220
dwelling over something. In hindsight,

590
00:28:11,550 --> 00:28:13,800
this is really happening right now. And

591
00:28:13,800 --> 00:28:17,370
we have a low with a higher low here and

592
00:28:17,370 --> 00:28:20,550
a higher low here. That in itself is a

593
00:28:20,550 --> 00:28:25,950
swing low. So this could be a short term

594
00:28:25,950 --> 00:28:28,200
low that made see price move higher from

595
00:28:28,470 --> 00:28:30,930
now, we can't just base that simply on

596
00:28:30,930 --> 00:28:32,520
that alone. There's got to be other

597
00:28:32,520 --> 00:28:35,310
things and other criteria to add to it.

598
00:28:35,610 --> 00:28:37,770
But that's what you'd be looking for as

599
00:28:37,800 --> 00:28:40,050
a potential turning point. If you look

600
00:28:40,050 --> 00:28:43,050
at every turning point, or swing in the

601
00:28:43,050 --> 00:28:45,630
marketplace, you can see that that

602
00:28:45,630 --> 00:28:47,910
pattern exists. It's very generic, it's

603
00:28:47,910 --> 00:28:50,460
there all the time. You have a high with

604
00:28:50,460 --> 00:28:55,980
two lower highs surrounding okay. Every

605
00:28:55,980 --> 00:28:58,800
high and low swinging up down up down

606
00:28:58,830 --> 00:29:00,210
that natural ebb and flow in the

607
00:29:00,210 --> 00:29:03,450
marketplace, is seen with this

608
00:29:03,930 --> 00:29:06,450
characteristic in price action. Now,

609
00:29:07,260 --> 00:29:13,560
let's go out to an hourly chart. And

610
00:29:13,560 --> 00:29:15,360
we're going to go and look at another

611
00:29:15,390 --> 00:29:17,910
sample size of price action.

612
00:29:19,560 --> 00:29:20,970
And we're going to look at

613
00:29:22,710 --> 00:29:25,230
the beginning of July.

614
00:29:27,119 --> 00:29:28,769
Look at the first week of July.

615
00:29:35,610 --> 00:29:36,600
This is good right here.

616
00:29:39,030 --> 00:29:42,210
Okay. And I want you to study this

617
00:29:42,210 --> 00:29:44,670
sample size and data as well. Okay, so

618
00:29:44,670 --> 00:29:48,900
we're looking at July 1, to say July 9,

619
00:29:49,140 --> 00:29:52,590
okay. And let's hold down the Ctrl key

620
00:29:52,860 --> 00:29:54,450
on your mouse. I mean, I'm sorry, on

621
00:29:54,450 --> 00:29:57,420
your keyboard and hit the letter Y as in

622
00:29:57,480 --> 00:29:59,640
the word Yes. And that'll give you your

623
00:29:59,640 --> 00:30:01,560
vertical delineating bars. Okay, and

624
00:30:01,560 --> 00:30:03,390
what this is doing is is the double

625
00:30:03,390 --> 00:30:06,420
lines is a Sunday. This is Monday's

626
00:30:06,420 --> 00:30:08,610
trading. This is Tuesdays trading in

627
00:30:08,610 --> 00:30:10,380
between the two vertical lines is

628
00:30:10,380 --> 00:30:12,900
Wednesdays Thursday and Friday trading

629
00:30:12,900 --> 00:30:14,130
and then we start a new week on

630
00:30:14,310 --> 00:30:14,970
Sunday.

631
00:30:16,470 --> 00:30:20,850
I want you to study June 1 to June 5.

632
00:30:21,570 --> 00:30:24,300
Okay? In other words, this whole pocket

633
00:30:26,730 --> 00:30:27,750
of price action.

634
00:30:32,640 --> 00:30:35,100
This right here, okay, so when you have

635
00:30:35,100 --> 00:30:39,510
your platform downloaded and set up at

636
00:30:39,510 --> 00:30:41,490
the default settings, you want to change

637
00:30:41,490 --> 00:30:42,750
anything yet, we're going to talk about

638
00:30:42,750 --> 00:30:44,460
all those changes, and then all the

639
00:30:44,460 --> 00:30:46,770
little cool indicators along the way as

640
00:30:46,770 --> 00:30:49,230
we go through each video. I promise you

641
00:30:49,230 --> 00:30:50,790
this is going to be the most boring one.

642
00:30:51,090 --> 00:30:54,750
But if you put the work in Now, what I'm

643
00:30:54,750 --> 00:30:56,460
asking you to look for here my promise

644
00:30:56,460 --> 00:30:58,350
when you look at the last video in this

645
00:30:58,350 --> 00:31:02,190
series, The Two sample sizes of price

646
00:31:02,190 --> 00:31:04,680
data is going to be amazing, okay? And

647
00:31:04,680 --> 00:31:05,580
you're going to be floored by what

648
00:31:05,580 --> 00:31:07,320
you'll understand by that point. Okay.

649
00:31:07,740 --> 00:31:11,790
So now looking at this sample size and

650
00:31:11,790 --> 00:31:13,650
data, okay, the questions I want you to

651
00:31:14,250 --> 00:31:17,970
focus on in terms of study is I want you

652
00:31:17,970 --> 00:31:21,240
to look at every swing point in this

653
00:31:21,240 --> 00:31:24,570
sample size. I also want you to look at

654
00:31:24,720 --> 00:31:27,990
the time of day that those turning

655
00:31:27,990 --> 00:31:28,560
points

656
00:31:28,620 --> 00:31:29,190
occurred.

657
00:31:30,510 --> 00:31:32,790
And I want you to look at the direction

658
00:31:33,000 --> 00:31:36,900
of which made the most in terms of pips,

659
00:31:37,050 --> 00:31:38,550
obviously, you can see it's been a down

660
00:31:38,550 --> 00:31:44,160
move. But what characteristics were

661
00:31:44,160 --> 00:31:47,190
synonymous with just about every single

662
00:31:47,190 --> 00:31:49,320
one of these turning points, and I

663
00:31:49,320 --> 00:31:52,380
promise if you study it, not just simply

664
00:31:52,380 --> 00:31:54,480
on on one hour chart, but break it down

665
00:31:54,750 --> 00:31:57,660
into a 15 minute chart basis. And if you

666
00:31:57,900 --> 00:32:00,480
look at a five minute basis, that'll Be

667
00:32:00,480 --> 00:32:01,290
more insightful

668
00:32:01,290 --> 00:32:02,010
to you as well.

669
00:32:03,510 --> 00:32:05,880
Don't be discouraged when we go to part

670
00:32:05,880 --> 00:32:10,140
two. And I show you some things that you

671
00:32:10,140 --> 00:32:13,260
should glean from the price action with

672
00:32:13,260 --> 00:32:14,760
no understanding whatsoever about

673
00:32:15,600 --> 00:32:17,280
technical analysis, you should still

674
00:32:17,280 --> 00:32:20,250
understand time and price. Okay, now,

675
00:32:20,370 --> 00:32:23,610
what time of day did these particular

676
00:32:23,820 --> 00:32:26,940
swings take place? And mt four is

677
00:32:26,940 --> 00:32:31,410
generally set up is GMT platform. So

678
00:32:31,410 --> 00:32:33,090
that was all the time at the bottom of

679
00:32:33,090 --> 00:32:35,730
your chart here is this is all GMT time.

680
00:32:36,420 --> 00:32:39,180
Okay, I want you to take notes, write it

681
00:32:39,180 --> 00:32:41,580
down in a book. Okay, and get yourself a

682
00:32:41,850 --> 00:32:46,680
little notepad. Okay, and this is your

683
00:32:47,280 --> 00:32:49,590
workbook for this whole video series.

684
00:32:49,950 --> 00:32:51,270
You're going to have pages of notes by

685
00:32:51,270 --> 00:32:53,460
the time we're done, I promise you, and

686
00:32:53,490 --> 00:32:55,500
the notes that you collect along the way

687
00:32:55,860 --> 00:32:58,020
are going to be worth their weight in

688
00:32:58,020 --> 00:33:00,120
gold. Okay, cuz this is insights. You

689
00:33:00,120 --> 00:33:02,100
just don't get anywhere else. And it's

690
00:33:02,490 --> 00:33:04,470
nearly two decades worth of insights

691
00:33:04,500 --> 00:33:06,900
that's coming to you for free. Okay, so

692
00:33:06,900 --> 00:33:08,490
I want you to appreciate that because it

693
00:33:08,490 --> 00:33:11,580
takes a lot for me to number one.

694
00:33:13,679 --> 00:33:15,809
put these together in terms of a

695
00:33:15,809 --> 00:33:16,439
teaching,

696
00:33:17,130 --> 00:33:19,860
and also be able to have a sense of

697
00:33:19,860 --> 00:33:23,220
continuity and hopefully get you to an

698
00:33:23,220 --> 00:33:25,050
end result that was in mind from the

699
00:33:25,050 --> 00:33:26,070
beginning, which is a greater

700
00:33:26,070 --> 00:33:27,570
understanding on price action and you as

701
00:33:27,570 --> 00:33:29,310
a trader, and how to utilize that

702
00:33:29,310 --> 00:33:31,080
insight gleaned in your own

703
00:33:31,080 --> 00:33:32,940
demonstrating, and development as a

704
00:33:32,940 --> 00:33:36,510
trader. So now, again, key points are,

705
00:33:36,960 --> 00:33:39,420
what time of day, every turning point in

706
00:33:39,420 --> 00:33:41,610
this sample size and the one we showed

707
00:33:41,610 --> 00:33:48,390
before, and what price levels did they

708
00:33:48,390 --> 00:33:50,400
occur at? Okay, and it means you need to

709
00:33:50,400 --> 00:33:53,070
be marking up your chart, drawing lines,

710
00:33:53,100 --> 00:33:56,040
okay, and make scribbled up, okay. I

711
00:33:56,040 --> 00:33:58,230
mean, don't be afraid to put notations

712
00:33:58,230 --> 00:33:59,400
on your charts. I don't know why guys.

713
00:34:00,000 --> 00:34:01,080
You know, in the beginning of the

714
00:34:01,080 --> 00:34:02,760
channel, learn to try to keep the charts

715
00:34:02,760 --> 00:34:03,900
clean when you understand what you're

716
00:34:03,900 --> 00:34:05,940
looking for, then it's advisable I like

717
00:34:05,940 --> 00:34:07,680
to keep my charts very clean. But in the

718
00:34:07,680 --> 00:34:10,260
beginning, be messy. Okay? Make it fun,

719
00:34:10,260 --> 00:34:11,610
get in there and draw some notes on this

720
00:34:11,610 --> 00:34:15,450
stuff. And in fact, if you go to say you

721
00:34:15,450 --> 00:34:17,250
have this chart like you have here,

722
00:34:18,120 --> 00:34:20,010
okay, go up to File.

723
00:34:21,570 --> 00:34:23,580
Okay, and you want to save as picture.

724
00:34:24,869 --> 00:34:27,329
And you just click active work space.

725
00:34:27,359 --> 00:34:29,129
And I'll show you what happens when you

726
00:34:29,129 --> 00:34:33,329
do that. By doing that, MT four will

727
00:34:33,329 --> 00:34:36,839
generate a image file of your actual

728
00:34:36,839 --> 00:34:41,009
workspace. And by doing that, you'll be

729
00:34:41,009 --> 00:34:43,679
able to have a image file that will be

730
00:34:43,679 --> 00:34:46,079
in your web browser. And let's move over

731
00:34:46,079 --> 00:34:47,219
that now. And you can take a look at

732
00:34:47,219 --> 00:34:47,849
what it's done.

733
00:34:54,270 --> 00:34:56,820
Okay, you can see it created an image

734
00:34:56,820 --> 00:34:59,220
file. Okay, and it's exactly what your

735
00:34:59,220 --> 00:35:03,180
chart showed an empty for platform now

736
00:35:03,240 --> 00:35:05,520
zoom elevates, you can see that it gives

737
00:35:05,520 --> 00:35:09,810
you all the detail and data here and you

738
00:35:09,810 --> 00:35:12,630
scroll up. You can see everything here.

739
00:35:12,990 --> 00:35:15,180
Now it's to me, I would advise you to

740
00:35:15,180 --> 00:35:18,390
take this image and print it out, print

741
00:35:18,390 --> 00:35:19,950
it out and draw your lines on it with

742
00:35:19,950 --> 00:35:23,670
your own hand with your pencil ruler, do

743
00:35:23,670 --> 00:35:25,800
it like that, okay, and get used to

744
00:35:26,040 --> 00:35:28,740
marking up the charts, putting lines in

745
00:35:29,070 --> 00:35:31,260
and support resistance levels and make

746
00:35:31,260 --> 00:35:33,600
notations at time price. And then I

747
00:35:33,600 --> 00:35:35,670
promise you if you do this every single

748
00:35:35,670 --> 00:35:38,070
day for one pair, and it doesn't have to

749
00:35:38,070 --> 00:35:40,170
be the fiber Euro USD pair. It could be

750
00:35:40,170 --> 00:35:42,360
the cable British Pound USD. It could be

751
00:35:42,360 --> 00:35:45,390
the Japanese yen. It could be the kiwi

752
00:35:45,390 --> 00:35:46,470
could be the Australian dollar.

753
00:35:46,620 --> 00:35:49,080
It could be the beast, you know,

754
00:35:51,750 --> 00:35:55,560
Euro yen, British Pound yen, any of any

755
00:35:55,650 --> 00:35:58,200
pair of your choosing. It's not

756
00:35:58,200 --> 00:35:59,250
important as to which one you're

757
00:35:59,250 --> 00:36:02,520
choosing But get real close to price

758
00:36:02,520 --> 00:36:04,740
action by studying one pair, it could be

759
00:36:04,740 --> 00:36:07,320
the dollar index as well. But what

760
00:36:07,320 --> 00:36:08,250
you're gonna be doing is, is you're

761
00:36:08,250 --> 00:36:12,780
going to be building at least 30 days

762
00:36:12,780 --> 00:36:16,410
worth of sample size data, okay? You

763
00:36:16,410 --> 00:36:20,190
want a whole month's worth, okay? That

764
00:36:20,190 --> 00:36:21,360
means you're going to have to explain,

765
00:36:21,450 --> 00:36:22,860
actually spend a little bit more than

766
00:36:22,860 --> 00:36:24,930
actual one calendar month, okay? Because

767
00:36:24,930 --> 00:36:26,790
you don't have 30 trading days in a

768
00:36:26,790 --> 00:36:28,770
month. Okay. So now what you're gonna be

769
00:36:28,770 --> 00:36:29,940
doing is you're going to be collecting

770
00:36:29,940 --> 00:36:32,850
at least 30 sample size of actual

771
00:36:32,850 --> 00:36:35,370
trading days, 30 trading days. And now I

772
00:36:35,370 --> 00:36:38,910
want you to do that with a five minute

773
00:36:38,910 --> 00:36:42,000
chart. And I want you to do that with a

774
00:36:42,000 --> 00:36:44,700
15 minute chart for every single day

775
00:36:44,700 --> 00:36:46,320
going forward for whatever particular

776
00:36:46,320 --> 00:36:48,270
period you'd like to trade. And I want

777
00:36:48,270 --> 00:36:50,310
you to mark off every single time the

778
00:36:50,310 --> 00:36:52,500
market turns, intraday, it makes the

779
00:36:52,500 --> 00:36:54,180
higher low of the day and once you make

780
00:36:54,180 --> 00:36:57,210
a reference of what time it does it and

781
00:36:57,210 --> 00:36:59,250
what time it ends the opposite end of

782
00:36:59,250 --> 00:37:00,840
the range. In other words, What time did

783
00:37:00,840 --> 00:37:02,430
you make the high today? What time they

784
00:37:02,430 --> 00:37:04,290
make the low today and you need to do

785
00:37:04,290 --> 00:37:07,590
this for 30 days. And I promise you by

786
00:37:07,590 --> 00:37:10,290
the time again we get that exercise

787
00:37:10,290 --> 00:37:12,090
you're going to have an immense new

788
00:37:12,150 --> 00:37:14,820
understanding of price action and what

789
00:37:15,450 --> 00:37:17,910
routinely happens in the financial

790
00:37:17,910 --> 00:37:18,570
markets.