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3		-ICT: Okay folks, welcome to the inner
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	2	+|1 |00:00:56,400 ~-~-> 00:01:06,390 |ICT: Okay folks, welcome to the industrial traders scout sniper Field Guide Episode Four, we're gonna be discussing basic infantry in this module. And what
	3	+|2 |00:01:06,390 ~-~-> 00:01:14,400 |specifically we'll be covering in this presentation. Well, we're gonna be looking at a review of the previous episode assignment, stalking in the kill
	4	+|3 |00:01:14,400 ~-~-> 00:01:27,990 |zone. We're gonna be looking at specific ICT kill zone examples since the time of our last presentation that was released on the ninth of September 2013. When
	5	+|4 |00:01:27,990 ~-~-> 00:01:41,130 |we looking at some examples from that point on to most recently and we'll be looking at directional bias and high probability trade framework. We're gonna be
	6	+|5 |00:01:41,130 ~-~-> 00:01:52,380 |revisiting the concept of why do markets move specifically dealing with the players and the game. And we're gonna be looking at what makes trade setups
	7	+|6 |00:01:52,380 ~-~-> 00:02:05,190 |strategically quote unquote high probability. We're gonna be looking at ICT, no brainer, directional bias concepts, we're gonna be returning to higher timeframe
	8	+|7 |00:02:05,190 ~-~-> 00:02:18,150 |analysis. Really looking at high odds by framework, and we're gonna be looking at high odds, sell framework, we're gonna be looking at market structure and
	9	+|8 |00:02:18,180 ~-~-> 00:02:29,580 |order flow conceptualized. We're gonna be discussing, and unveiling institutional orders and smart money, fingerprints. And we're gonna be looking
	10	+|9 |00:02:29,580 ~-~-> 00:02:41,220 |at how consolidations breed opportunity, and what we look for and why it matters. inside those consolidations. We're gonna be looking at institutional
	11	+|10 |00:02:41,220 ~-~-> 00:02:53,430 |order blocks, we're gonna be looking at the concept of institutional sponsorship and what effects it has on your trading. And we're gonna be looking at a premise
	12	+|11 |00:02:54,150 ~-~-> 00:03:05,130 |I refer to as returning to the point of origin, which is basically inside the ICT optimal trade entry concept, a like a nuts and bolts presentation of why
	13	+|12 |00:03:05,130 ~-~-> 00:03:14,490 |it's so effective. And we're giving you more homework. Yes, this time we'll be tracking institutional price action. Okay, so let's get going.
	14	+|13 |00:03:20,130 ~-~-> 00:03:32,730 |Okay, folks, we're looking at a daily chart of the Euro USD, the last episode we released was September 9 2013, in this continuing series, and we discussed the
	15	+|14 |00:03:32,760 ~-~-> 00:03:42,870 |likely impact that the rising yields would have on the foreign currency markets and we discussed that it would have a continued upward pressure on the fiber,
	16	+|15 |00:03:42,900 ~-~-> 00:03:57,420 |which is the Euro USD again, real quick, let's just reflect back upon the yields and what it was doing in graphic form. And you can see that here. Can you see
	17	+|16 |00:03:57,420 ~-~-> 00:04:09,870 |the rising yields, okay, and when that happens, price, one variably tried to chase or quote unquote, seek yield. And it'll be moving up in trying to close
	18	+|17 |00:04:09,870 ~-~-> 00:04:21,270 |the gap between the yields and the actual underlying price of the currency. Now, because this candle here delineates the actual time that recording was made,
	19	+|18 |00:04:22,200 ~-~-> 00:04:31,350 |there's been a significant amount of pips moved from that date until now and we're just going to use the highest point, okay, we're not going to use the best
	20	+|19 |00:04:31,350 ~-~-> 00:04:39,810 |scenario the low we're just going to use the highest point of that, that candle on the ninth. Okay, and we're going to discuss briefly the amount of pips that
	21	+|20 |00:04:39,810 ~-~-> 00:04:53,280 |were available that's 291 pips, so basically almost 300 pips were made available in advance in advance, in the form of discussion as upward, likely price
	22	+|21 |00:04:53,280 ~-~-> 00:05:06,810 |movement. Now we had a homework assignment from Episode Three and it was trading In the zone, okay, or stalking in the kill zone. And we're going to discuss that
	23	+|22 |00:05:06,840 ~-~-> 00:05:17,550 |here. Okay. And what we're going to do is, is we're going to move down into an hourly chart, and I'm going to delineate the ninth of September. Okay, so
	24	+|23 |00:05:17,550 ~-~-> 00:05:28,890 |everything right, have this vertical line, basically is referencing where we are in terms of the last recording, and posting in this video series, and what we're
	25	+|24 |00:05:28,890 ~-~-> 00:05:40,470 |going to discuss, okay, and as an example, of the ICT kill zones, we, we already had a premise in mind based on the analysis of the the interest rate market, and
	26	+|25 |00:05:40,470 ~-~-> 00:05:52,440 |how it would have a magnetic pole on price upward. Okay. And with that understanding, we're going to add, okay, we're going to add the ICT kill zones,
	27	+|26 |00:05:52,860 ~-~-> 00:06:03,150 |and we're going to add the vertical de delineation. Okay, again, the double bar here on empty for delineates weekends, what we're going to be basically focusing
	28	+|27 |00:06:03,150 ~-~-> 00:06:13,320 |on is the fact that we were expecting, now I'm going to say this word, please don't take it out of context, because I am not a fundamental trader, okay, as
	29	+|28 |00:06:13,320 ~-~-> 00:06:22,170 |fundamental as it gets for me is interest rates. Okay. But fundamentally, the driver for the Euro to be going up like it was, was that the yields were moving
	30	+|29 |00:06:22,170 ~-~-> 00:06:32,790 |higher. Okay. And contrast that with the fact that we know that is the case when we see Technically, the 10 year yields declining, okay, so if we go to the
	31	+|30 |00:06:32,790 ~-~-> 00:06:44,970 |commodity market, and we refer to the 10 year, futures market, okay, when that market is moving lower, that's actually an increase in yields. Okay. And an
	32	+|31 |00:06:44,970 ~-~-> 00:06:54,240 |income increasing yield is going to be diametrically opposed. And there's going to be basically an inverse relationship between the futures price of 10 year
	33	+|32 |00:06:54,330 ~-~-> 00:07:05,460 |notes, and its yield. Okay. So if the futures chart on bonds or tea notes are dropping, that is an increase in yields. Okay. And that's going to be bullish
	34	+|33 |00:07:05,640 ~-~-> 00:07:17,670 |for foreign currencies in bearish for the US dollar. Okay. And, conversely, if you reverse that phenomenon, and you look at when the 10 year notes on the
	35	+|34 |00:07:17,670 ~-~-> 00:07:27,600 |futures basis or bond market is rallying on the on the futures market, that's going to be a decline on yields, which will be bullish for the US dollar and
	36	+|35 |00:07:27,600 ~-~-> 00:07:37,020 |bearish for foreign currencies. Okay. So that's a very quick and dirty way of understanding what risk on risk off is how I define it. Okay. So if you're
	37	+|36 |00:07:37,020 ~-~-> 00:07:47,910 |looking for any fundamental drivers, okay, that's about as fundamental as it gets from me, okay. Outside of, you know, CT data in such in premiums on the
	38	+|37 |00:07:47,910 ~-~-> 00:07:57,690 |front nearby mom months in the futures markets, which we'll discuss that another time. It's too vast of a subject for me to cover in this module. But there's
	39	+|38 |00:07:57,690 ~-~-> 00:08:04,590 |other resources made available on the internet that I've discussed, either your own work or by Larry Williams in that regard.
	40	+|39 |00:08:06,030 ~-~-> 00:08:19,350 |So with all that, again, we were looking for bullish movement on the Euro USD and other foreign currencies with a bearish tone in the US dollar. Now, when we
	41	+|40 |00:08:19,350 ~-~-> 00:08:30,990 |have that, that backdrop on price, okay, as a technical trader, we would be focusing on one, one side of the market more than the other, okay? Now, that
	42	+|41 |00:08:30,990 ~-~-> 00:08:41,970 |does not mean that we complete throughout every bear sell signal, it just means that we should be focusing more in our equity allocation rather, one the long
	43	+|42 |00:08:41,970 ~-~-> 00:08:49,530 |side of trading, okay, in other words, you will get more bang for your buck, being a bull than you would be being a bear. So if you are going to be doing a
	44	+|43 |00:08:49,530 ~-~-> 00:09:03,150 |trade that's counter this fundamental again, quote unquote, driver in the marketplace. Understand that number one, you're resisting the overall market
	45	+|44 |00:09:03,270 ~-~-> 00:09:15,180 |pinnings again, in other words, there's going to be a tug of war between you being a bear, okay, and the smart money that is really perpetuating this market
	46	+|45 |00:09:15,180 ~-~-> 00:09:24,540 |higher. So, understand that I mean, there are times where you can be right and profitable, okay, in doing that being contrary, but just don't wear out. You're
	47	+|46 |00:09:24,540 ~-~-> 00:09:32,700 |welcome. Okay. And Mary, the vein does get blown out of water, even in the best traders in the world. Understand, there's a simple premise, you just don't
	48	+|47 |00:09:32,700 ~-~-> 00:09:39,750 |fight. You know, you just don't fight the tide. Okay? Because if you're swimming against the tide, you're going to tie yourself out and ultimately kill yourself.
	49	+|48 |00:09:40,290 ~-~-> 00:09:53,940 |But if we understand that being a bull in this environment, okay, we could have much more relaxation, much more calm as we engage the market because we know
	50	+|49 |00:09:53,940 ~-~-> 00:10:04,050 |what it is specifically that we're looking for. Again, that gets back to differentiating yourself from The neophyte or the street money? Okay, we are not
	51	+|50 |00:10:04,050 ~-~-> 00:10:11,340 |simply sitting down with a computer and saying, well, I feel like it's going to go up today. Okay, but the last five minutes has been going down. So let me
	52	+|51 |00:10:11,340 ~-~-> 00:10:22,800 |sell, okay, that's not sound trading. Okay, that's not a plan that's reactionary trading. This whole series is delving into the importance of having number one,
	53	+|52 |00:10:22,800 ~-~-> 00:10:34,920 |a pre determined plan of attack, any pre determined method of attack, and then a procedure in place that's clearly defined, comprehensive, and you know,
	54	+|53 |00:10:34,920 ~-~-> 00:10:43,710 |specifically what you're doing, when you're doing it, why you're doing it, and when you won't do it, and the reasons why you won't be doing as well. So with
	55	+|54 |00:10:43,710 ~-~-> 00:10:57,630 |that rant, okay, let's delve deeper into what specifically took place from this point one, and how we can use the ICT kill zones, to ferret out the lows in this
	56	+|55 |00:10:57,660 ~-~-> 00:11:07,020 |up move that we were looking forward to unfold, how we could time scenarios where we could be a bullish buyer in this and possibly have made money, we're
	57	+|56 |00:11:07,020 ~-~-> 00:11:20,700 |going to be moving into a 15 minute chart, okay. And, again, we're going to be introducing the ICT kill zones, and we're going to be losing our vertical line
	58	+|57 |00:11:20,700 ~-~-> 00:11:34,170 |here. That's okay. And here is the September 9 timeframe. Okay, and we're just gonna be tracing this whole period only upside. And we're going to zoom in.
	59	+|58 |00:11:36,510 ~-~-> 00:11:51,000 |Okay? And what we're looking at, again, are the red dashed lines here, okay? This basically is encapsulating the whole London session. Okay? And the green in
	60	+|59 |00:11:51,000 ~-~-> 00:11:57,420 |here is basically encapsulating the New York open, or New York session, okay?
	61	+|60 |00:11:58,170 ~-~-> 00:12:13,140 |And what you're looking at is how, by focusing on catching a decline or pullback within that specific time window each day, with a premise in mind where we most
	62	+|61 |00:12:13,140 ~-~-> 00:12:23,310 |recently moved away from, and we're going to retrace back into November it's we had a range. Initially during the London session here, we saw it rally up in
	63	+|62 |00:12:23,310 ~-~-> 00:12:32,790 |here, then it retraced within that range, the range between this high and this low. Okay, that retracement in here was an opportunity to be long as the market
	64	+|63 |00:12:32,790 ~-~-> 00:12:41,970 |moved higher and expanded its London session range. Okay, we had another minor pullback a pullback to a dealing range high in here, and then moves on out, and
	65	+|64 |00:12:41,970 ~-~-> 00:12:51,000 |we entered into the New York kill zone, rallied up the retracement in here. While there was nothing sufficient over here in terms of support resistance, we
	66	+|65 |00:12:51,000 ~-~-> 00:13:00,810 |will talk about these pauses in this video module and how it's useful to you. But very smooth up eventually moved and made a high outside of the New York
	67	+|66 |00:13:00,810 ~-~-> 00:13:10,320 |session. And, or at least in New York kill zone, it's not the session itself that was outside of time when it I clearly defined. Now, when you see me moving
	68	+|67 |00:13:10,320 ~-~-> 00:13:22,530 |the cursor across the chart, don't be discouraged, okay? or confused? Because this says ICT Asian range, what I'm using is the MT four indicator. Okay, that's
	69	+|68 |00:13:22,830 ~-~-> 00:13:32,970 |usually used for my Asian range. barriers, like we're seeing here, the upper and lower for New York, all I did was change the time parameters to encapsulate the
	70	+|69 |00:13:33,120 ~-~-> 00:13:39,810 |specific New York and London sessions. Okay, so if I do Passover, and you see these little boxes popping up, and you're wondering what it's saying, or if you
	71	+|70 |00:13:39,810 ~-~-> 00:13:48,150 |catch it, and it says that don't be confused, it's simply because I'm using the indicator itself. The I named ICT Asian range, it's just it's multi. It's a
	72	+|71 |00:13:48,150 ~-~-> 00:13:59,670 |multi useful, okay, you can use use it for different things as we're showing here. Now, this day, here's Monday, on the ninth. Okay, now, that was the date
	73	+|72 |00:13:59,670 ~-~-> 00:14:13,890 |that we released the previous installment in the series. This is the Tuesday. Okay. And now what we're going to talk about is how we use these sessions, okay,
	74	+|73 |00:14:14,160 ~-~-> 00:14:26,610 |with the understanding of expectancy moving higher in price, okay, there's highs and lows within these time windows. Okay? We have the low, we have a high and in
	75	+|74 |00:14:26,610 ~-~-> 00:14:38,700 |between there. Okay, any swing high or low is useful? This one here? This one here, okay. Inside the New York session, okay, we have a low here and we have a
	76	+|75 |00:14:38,700 ~-~-> 00:14:51,150 |high here. Okay. And on the following day on this Tuesday, this was September 10. We had the range from here to here for the London session. And the New York
	77	+|76 |00:14:51,150 ~-~-> 00:15:03,150 |session is here. Okay, so inside of that, you can see that there are swing highs and swing lows that are useful as well. By understanding that, okay, and
	78	+|77 |00:15:03,150 ~-~-> 00:15:15,570 |understanding the concept of the range or previous day's range or session ranges, okay, that being here's the previous New York session range, this is a
	79	+|78 |00:15:15,570 ~-~-> 00:15:26,190 |low in here, okay. And what we'll do is, we're going to highlight an opportunity that could have presented itself to you as a trader. From that low to the high.
	80	+|79 |00:15:27,210 ~-~-> 00:15:38,040 |Okay, I'm going to move over here, you can see how price moves down into the optimal trade entry area here, which is between the 62 and 79, seven tration
	81	+|80 |00:15:38,040 ~-~-> 00:15:52,680 |levels, respectively, it went right down to the sweet spot, which is essentially the 70.5 Fibonacci level, okay, seven 0.5, you will have to set your platform up
	82	+|81 |00:15:52,710 ~-~-> 00:16:03,420 |if it's not empty for your own way, I don't know how to do, what platform you're using. And I really would rather avoid going through a long list of possible
	83	+|82 |00:16:03,480 ~-~-> 00:16:14,460 |emails saying, What can you help me deal with with this platform, I'm pretty much limited to just using, you know, what we have here? Okay, Mt. Four, because
	84	+|83 |00:16:14,460 ~-~-> 00:16:25,050 |I don't want to get into, you know, I'm long winded explanation of what possible platforms you could be using. And then we get into the conversation of which
	85	+|84 |00:16:25,050 ~-~-> 00:16:34,920 |one, I advise over that. So I use a very generic one, MT four, okay. That way, everybody's really accessible. It's free, it doesn't cost you anything. And it's
	86	+|85 |00:16:34,920 ~-~-> 00:16:40,080 |pretty much universal. And then you can delve into other platforms where you see its usefulness.
	87	+|86 |00:16:41,550 ~-~-> 00:16:51,420 |So we have we did deviate outside of that, that range here, okayed by the define terms of the ICT kill zones for this series. Now, they're saying there's small
	88	+|87 |00:16:51,420 ~-~-> 00:16:59,460 |variances in the times that I'm using for this one, and the ones that I use for my own trading. So please, don't take that comment, say, Well, look at this,
	89	+|88 |00:16:59,460 ~-~-> 00:17:12,180 |he's not even teaching what he uses. I took a lot of time to eliminate a lot of the stumbling blocks that I see in email form. Okay, because over the last three
	90	+|89 |00:17:12,180 ~-~-> 00:17:23,250 |and a half years, I have been inundated with reoccurring questions about what time window is this? And what would that be in my timeframe, or my global
	91	+|90 |00:17:23,250 ~-~-> 00:17:33,450 |position around the planet? And I readily admit, it's a very confusing topic for me. Okay, so I understand it's, it's confusing for other people. And as a
	92	+|91 |00:17:33,450 ~-~-> 00:17:43,860 |mentor, that's one of my weak points, communicating that effectively. Okay, and to eliminate that I just simply gave you a very generic time window for London
	93	+|92 |00:17:43,890 ~-~-> 00:17:53,340 |and New York sessions. And if you hunt during those time windows, you'll find more than enough opportunities, okay? And none of my tools are going to give you
	94	+|93 |00:17:53,340 ~-~-> 00:18:03,600 |every single trade, okay? You could probably go back in hindsight and find where it was useful to you, okay, but don't have such high demand on these tools
	95	+|94 |00:18:03,600 ~-~-> 00:18:11,100 |expecting you to get every single high and low, every single movement in the marketplace. Okay, that's not what I'm teaching. That's not what I'm promising
	96	+|95 |00:18:11,100 ~-~-> 00:18:21,330 |you. I'm promising you an edge. That's it. Okay. So how you tweak that edge and how you use that edge is completely and utterly up to how you employ and work
	97	+|96 |00:18:21,330 ~-~-> 00:18:32,700 |at, okay. So on Tuesday, we saw the market, make a significant low here, and then rally up. Okay, and going into that Wednesday of that week, we saw price
	98	+|97 |00:18:32,700 ~-~-> 00:18:41,190 |move down, making a low in London, okay, in the London kill zone when it would be reasonably expected to form Okay, and you could take the low from the
	99	+|98 |00:18:41,190 ~-~-> 00:18:50,550 |previous day, up to the highest high prior to moving into one session, okay? Because what you're doing is you're looking for that retracement, back inside of
	100	+|99 |00:18:50,550 ~-~-> 00:19:01,200 |the range. Okay. And, again, we see the low to the highest high here prior to it moving into the London session. Okay, price comes right down into again, the
	101	+|100 |00:19:01,200 ~-~-> 00:19:12,570 |optimal trade entry region and price rallies up. Okay, if you initially missed that opportunity, it gives you another opportunity to catch a ride on this move
	102	+|101 |00:19:12,570 ~-~-> 00:19:21,540 |up in the form of this pullback here. So you could use this swing low and again, let me take this off because we're already getting busy. You could use this
	103	+|102 |00:19:21,540 ~-~-> 00:19:34,770 |swing low to this swing high in London, and you'll get this right in here as a retracement. Okay, and don't be thrown off also with the breaks between again
	104	+|103 |00:19:34,770 ~-~-> 00:19:45,690 |i'm sure you hear the time between the London kill zone here. And here. There's an overlapping between these two sessions that it's very busy. Okay, there's a
	105	+|104 |00:19:45,690 ~-~-> 00:19:57,930 |small little period around 5am New York time, or 10 GMT, where you may get a little bit of a pause or a breather. That's, you know, not guaranteed to happen
	106	+|105 |00:19:57,930 ~-~-> 00:20:11,430 |always. Many times you'll see prices Continue on blow through that time pocket of, you know 10am till 11 GMT it would be foolish of me to advise you to always
	107	+|106 |00:20:11,430 ~-~-> 00:20:20,190 |expect it to be a little pause in here. But you can reasonably expect it treat it like a you know a much okay where there's a small little consolidation and
	108	+|107 |00:20:20,190 ~-~-> 00:20:29,250 |and all of a sudden it'll it'll take off in the trend direction that's established by the London session. Okay, so we have a low forming here, one this
	109	+|108 |00:20:29,250 ~-~-> 00:20:38,220 |day again looking for retracements to buy off of this was one, this one in here. And then you have one in the New York session here as well. You can take this
	110	+|109 |00:20:38,220 ~-~-> 00:20:53,760 |swing low and to this high here, okay in the 62% retracement and it may be a little difficult to see so I'll do my best to draw a little bit tighter to see
	111	+|110 |00:20:53,760 ~-~-> 00:21:04,110 |that the 60% treatment always right on top of that line that would delineates the New York session beginning the least the boundary bout time and then price
	112	+|111 |00:21:04,110 ~-~-> 00:21:15,210 |rallied on up. I actually took this trade, okay, so it's not like it's something that's purely hindsight and fine question or whatever I can show you
	113	+|112 |00:21:15,660 ~-~-> 00:21:28,800 |documentation about the trade and the actual real results, not a demo trade. And the end, the opportunity to continue moving higher in intraday in here also was
	114	+|113 |00:21:28,830 ~-~-> 00:21:39,150 |available and you could have caught some further upside as well. But that's outside the scope of this teaching. And this this presentation. Again, moving
	115	+|114 |00:21:39,150 ~-~-> 00:21:41,100 |into let's go out one more.
	116	+|115 |00:21:46,470 ~-~-> 00:22:01,230 |Okay, this was that my we were discussing. And here we have the range from the previous day's low up to the highest high. Okay, right here prior to moving into
	117	+|116 |00:22:01,440 ~-~-> 00:22:12,420 |London and New York. Okay, here's New York down here. You can see our price mood setting is a treatment level. Okay. And we're going to talk about why this may
	118	+|117 |00:22:12,420 ~-~-> 00:22:24,510 |not have been a good idea to trade Okay, looking for a long because of something going on over here. Okay, but that's later on in the video guys. I know. teaser
	119	+|118 |00:22:24,510 ~-~-> 00:22:35,220 |teaser price rallies up in here. Okay, nice opportunity. Okay, just to be a buyer specifically looking to catch Long's Okay, the range available was 68
	120	+|119 |00:22:35,220 ~-~-> 00:22:43,710 |pips, you could reasonably expect to get 30 pips out of that and so there's absolutely no reason why one couldn't have you taken 20 to 30 pips comfortably
	121	+|120 |00:22:43,710 ~-~-> 00:23:00,930 |out of that move even with it retracing and returning back into this this range here. We have a low here Okay, we have a low in here formed and using that to
	122	+|121 |00:23:00,930 ~-~-> 00:23:13,890 |the high formed rate here. Okay price comes down deviates to 797 trace on briefly just briefly, okay, and then given a tradable rally in here to the tune
	123	+|122 |00:23:13,920 ~-~-> 00:23:29,400 |of about 25 pips there's nothing wrong with that. And if you consider the overall range of this price swing from here up to the high end as it retraces we
	124	+|123 |00:23:29,400 ~-~-> 00:23:41,220 |had the center line here and the 75 level here respectively and then look come down one more time found the seven night saturation level as well. One more time
	125	+|124 |00:23:41,220 ~-~-> 00:23:50,160 |bouncing off it like we did here just violated this low just by a little bit You see that? If price does that it's usually a precursor to something pretty
	126	+|125 |00:23:50,160 ~-~-> 00:23:59,520 |significant. And you can see how clean these highs up here were so you can imagine what was resting above that. And you see that was the case here they
	127	+|126 |00:23:59,520 ~-~-> 00:24:12,180 |took out all the stops with that huge weekend gap blowing out all these highs that were way too clean. And that's classic ICT work there. You can see the the
	128	+|127 |00:24:12,180 ~-~-> 00:24:21,660 |result of why I say when levels are too clean that you can expect a pocket of stops the sitting up there and they will gun those bad boys out. And they did a
	129	+|128 |00:24:21,660 ~-~-> 00:24:36,210 |handsome job of it that week. Okay. And price moved again. On Monday, small little rally here in the London session going into New York, okay before
	130	+|129 |00:24:36,210 ~-~-> 00:24:53,190 |retracement deeper. Okay, now let's look at something. Okay. And it's a very cool technique, and I dumped it and hidden optimal trade entry. And for those
	131	+|130 |00:24:53,190 ~-~-> 00:25:03,690 |that aren't really fans of my work, they find it rather silly to suggest it something It might be hidden and therefore be useful. But it's really not more
	132	+|131 |00:25:03,690 ~-~-> 00:25:11,970 |than simply looking at an idea of support resistance. Okay, which is what we have here, I think it would be hard pressed to find anyone that would really
	133	+|132 |00:25:12,000 ~-~-> 00:25:23,520 |fight this as being a discernible level of resistance. Okay, we saw it bounce up here, here, here. Okay. And if price was to get back above it, as we see here,
	134	+|133 |00:25:23,850 ~-~-> 00:25:38,010 |we would expect it to be what? support, right? So we would have a role reversal, if you will, okay. But simply because it's expected level of resistance here, it
	135	+|134 |00:25:38,010 ~-~-> 00:25:48,030 |may not come back down to that level anytime soon. But it still is useful to us as a point of reference. Because between that level, and where price opened up
	136	+|135 |00:25:48,030 ~-~-> 00:26:00,030 |and rallied up to here, okay, that is a range. This this right here, this point here, from this candles low to this candles close here, this is a gap. Now,
	137	+|136 |00:26:00,030 ~-~-> 00:26:09,210 |while there was no trading there, okay, you have to understand that this is still a range.
	138	+|137 |00:26:10,770 ~-~-> 00:26:20,250 |Okay, that's a range. This is simply no trading between this price point of the close of the previous Friday and the opening on Sunday. There's no trading in
	139	+|138 |00:26:20,250 ~-~-> 00:26:32,490 |there. It's all you know, the liquidity isn't is none zero. Okay. But because price is trading here, you still have to consider that as range. Okay? It just
	140	+|139 |00:26:32,490 ~-~-> 00:26:41,610 |means that there's gaps in between these two price points. And usually the market finds a way to fill those gaps, but not right away sometimes. Okay. So
	141	+|140 |00:26:41,610 ~-~-> 00:26:52,440 |without understanding is, with this gap, or without this gap, if you ever see a discernible level like this, okay, we're clear resistance and support resides.
	142	+|141 |00:26:52,650 ~-~-> 00:27:03,690 |If you take your fib and anchor it right from that price point. And you rallied off that, take it up up to the highest high. Okay. When price retraces
	143	+|142 |00:27:04,950 ~-~-> 00:27:14,670 |basically, what you're saying is it's retracing into this range, gaps don't have to fill also. Okay, I've seen many times where gaps stayed unfulfilled, you
	144	+|143 |00:27:14,670 ~-~-> 00:27:23,940 |know, for years, that was in commodity markets that was in stock indices. Okay. Just simply because it gapped doesn't mean necessarily, that it's going to fill,
	145	+|144 |00:27:24,120 ~-~-> 00:27:34,080 |that's not it doesn't mean this is a common gap, if you will, okay, common gaps usually get filled relatively quick. This could be a breakaway gap, where it
	146	+|145 |00:27:34,080 ~-~-> 00:27:43,410 |necessarily isn't always going to be filled, you know, especially you have you have a long term, monthly yearly trend underway, who says it's going to have to
	147	+|146 |00:27:43,410 ~-~-> 00:27:54,240 |go away back down to that gap. Okay, this just shows that there's a huge influx of buying, okay, on an institutional level. So therefore, we still have to
	148	+|147 |00:27:54,240 ~-~-> 00:28:03,540 |consider this as a range in price comes right down to the 70.5, and then rallies off of it and gives you what an opportunity to trade to where, and why. Okay, so
	149	+|148 |00:28:03,540 ~-~-> 00:28:14,580 |just simply looking at support resistance, and using Fibonacci alone is useful. Okay. And there's 40 pips made available to someone that would simply understand
	150	+|149 |00:28:14,580 ~-~-> 00:28:23,610 |that concept, and work with it, okay, doesn't mean you need to hold on to it and expect the moon, it just gives you an opportunity to trade. Okay. And there's a
	151	+|150 |00:28:23,610 ~-~-> 00:28:33,210 |trading pattern in this that we're not having discussed, it's been pre released by me on the internet. But that's for another time, another topic. But again,
	152	+|151 |00:28:33,540 ~-~-> 00:28:46,710 |you know, we have this low in here, okay, that was an opportunity to catch a short term little pop in the market, again, focusing only being a bull, we have
	153	+|152 |00:28:46,830 ~-~-> 00:29:00,120 |price moving into a larger consolidation, okay, we do have an opportunity to see like this low here, to this high, this is an opportunity here where you could
	154	+|153 |00:29:00,120 ~-~-> 00:29:10,740 |potentially look to be a buyer in here, okay, but with this gap like it is here, it just, it's a lot of uncertainty where it may try to reach that you could be a
	155	+|154 |00:29:10,740 ~-~-> 00:29:26,160 |buyer here, and let's assuming that was the case, you know, price was able to move up strongly, in this case here, with FM f o MC. Release in here. But this
	156	+|155 |00:29:26,340 ~-~-> 00:29:36,690 |this day here, okay, if we use the same premise that we had that same support line, okay, let's go back just a little bit, so you can see that clear. We're
	157	+|156 |00:29:36,690 ~-~-> 00:29:46,800 |gonna use the same premise, this set support line. And we're using the kill zones again, as guides. And this is the range, the highest high prior to going
	158	+|157 |00:29:46,800 ~-~-> 00:29:56,760 |into the London and New York sessions. Now, again, we had FOMC coming up this day, so you'd have the expect, price that is more or less consolidate prior to
	159	+|158 |00:29:56,760 ~-~-> 00:30:07,830 |going into that specific release, but price makes the low in New York session right on the move past before you go see it apologize. Back. Price comes right
	160	+|159 |00:30:07,830 ~-~-> 00:30:17,820 |down to that 62% retracement level. And it takes off. And in quake in case you're, you're you're wondering, I was long in here and I am going to tweet, the
	161	+|160 |00:30:17,820 ~-~-> 00:30:30,150 |actual entry point. And you can see that I was not outside of this move. It was rather exciting, because it was one of those times where we had everything in
	162	+|161 |00:30:30,600 ~-~-> 00:30:43,170 |alignment, we had yields, suggesting the price is going to move higher. We had a huge weekend gap that was unfilled. It just was unable to breach that 133 25 123
	163	+|162 |00:30:43,200 ~-~-> 00:30:55,050 |I'm sorry, 133 23 level in this area here as support narrowing came down to it never needed to and then just launched vertically on the upside, again, keying
	164	+|163 |00:30:55,050 ~-~-> 00:31:00,450 |off of the London open and New York open kill zones. was
	165	+|164 |00:31:00,990 ~-~-> 00:31:10,530 |useful here because the law actually farnam day during the New York session, and price moved on higher. And they went to another consolidation going into the
	166	+|165 |00:31:10,530 ~-~-> 00:31:21,270 |close of the week. Again, our previous understandings in the previous videos that we see price, when it rallies large like this, this is a big daily range.
	167	+|166 |00:31:21,540 ~-~-> 00:31:27,060 |So what do you think's gonna happen when the average Joe, he's gonna get in the market say, Well, I'm going to be a buyer now and I'm going to be expecting this
	168	+|167 |00:31:27,120 ~-~-> 00:31:35,160 |thing to repeat the same similar move. Not always, and certainly not off of an economic report because what will happen is there's going to be some
	169	+|168 |00:31:35,160 ~-~-> 00:31:44,970 |rebalancing, okay, and what they'll do is they'll consolidate and more or less pause for a moment and reflect on whether or not this was really needed. Okay.
	170	+|169 |00:31:45,300 ~-~-> 00:32:02,640 |And this is very illiquid a lot of gaps in here. Okay, so it was in a rush to get somewhere it held us 135 3135 50 range. Okay, and price again, moving into
	171	+|170 |00:32:02,640 ~-~-> 00:32:16,440 |consolidation, looking at how price moves like this, we are in a wait and see mode when this happens, even though we are bullish traders, when price moves so
	172	+|171 |00:32:16,740 ~-~-> 00:32:29,760 |aggressively, like this short term, okay, and we're talking about a move intraday one day. Moving 212 pips in one day, when that's a big, that's a huge
	173	+|172 |00:32:29,760 ~-~-> 00:32:39,300 |range for one day, when you see that, okay, expect small ranges. And this is what you see here, small ranges, small range, small ranges, and then what you're
	174	+|173 |00:32:39,300 ~-~-> 00:32:49,770 |going to wait for is discernible signs that we have an opportunity to trade. Okay, and it's dropped out because I'm about to close. Here is that FOMC
	175	+|174 |00:32:49,800 ~-~-> 00:32:58,380 |release, consolidation small, little retrace and smaller retrace a small little retracement. And then finally, we get some market structure shifting to the
	176	+|175 |00:32:58,380 ~-~-> 00:33:07,530 |bullish side. And then you can see that net, what I'm referring to is this break here this high, it made it very convincing rally, which we're going to talk
	177	+|176 |00:33:07,530 ~-~-> 00:33:21,960 |about this type of price action and what is so useful about it, you have an opportunity to see this range, price comes down to the 79 situation, small
	178	+|177 |00:33:21,960 ~-~-> 00:33:36,360 |little violation, not much. But this is an opportunity to be a buyer. Again, focusing on the time window and the kill zones. We have price rally up on out of
	179	+|178 |00:33:36,360 ~-~-> 00:33:46,800 |here. So again, we have this small little range in here that is outside of our kill zone. So even though this could be a trade taken during the asian session,
	180	+|179 |00:33:47,280 ~-~-> 00:33:59,550 |again, outside the scope of this teaching, if we see this rally up here like this, this is the area of where you would be expected to be a long based on what
	181	+|180 |00:33:59,550 ~-~-> 00:34:10,830 |we're teaching. And that looks like this, this is the low during the month kill zone and the high may during the London kill zone. So we have a price swing
	182	+|181 |00:34:10,830 ~-~-> 00:34:26,700 |within that timeframe. Right in here, this is adjacent level, okay. And the main zoom in Okay, you can see price comes down, gives you more or less like railroad
	183	+|182 |00:34:26,700 ~-~-> 00:34:39,330 |tracks if you're a candlestick student. What that is you have a big range down the range up immediately. And that was a precursor to upward pressure. Again,
	184	+|183 |00:34:39,330 ~-~-> 00:34:51,480 |that's just using the low here. If you use the low form during the asian session over here, you can see we didn't have anything in terms of ot to support the
	185	+|184 |00:34:51,480 ~-~-> 00:35:08,520 |except for some 50% fib which is not significant in my repertoire. So again, Without understanding, you have it here. And we have this market making the high
	186	+|185 |00:35:08,550 ~-~-> 00:35:25,860 |dollar and the actual New York session. Okay, and the high closing on the candle 1400 GMT. So it's one hour earlier than we would expect to see profit taking,
	187	+|186 |00:35:26,220 ~-~-> 00:35:37,170 |which is the 1500 GMT candle. And that happens right there. So right in here is when you would reasonably expect him to see the Hi Hat formed and it was a
	188	+|187 |00:35:37,170 ~-~-> 00:35:45,180 |little early on that day here. So basically what we just discussed was an overview of how important
	189	+|188 |00:35:45,240 ~-~-> 00:35:58,200 |understanding the kill zones role in trading. Okay, and again, just focusing on one side of the marketplace, and that's not necessarily a weakness, okay, I get
	190	+|189 |00:35:58,200 ~-~-> 00:36:06,120 |a lot of email flack about you know, well, you're missing all these opportunities just doing this? Well, look, man, show me a trader that's catching
	191	+|190 |00:36:06,120 ~-~-> 00:36:15,840 |every move with documentation and results that show an upward equity climb, because I'm gonna tell you right now, if they exist, they're not talking to you.
	192	+|191 |00:36:16,290 ~-~-> 00:36:25,560 |Their work for some big wig operation somewhere, okay? And they could care less you who want internet bullies What? Okay. What we're discussing here is an
	193	+|192 |00:36:25,560 ~-~-> 00:36:39,930 |opportunity to learn how to approach and engage the marketplace with a plan of attack, a trading plan, if you will, one that is repeatable one that is usable
	194	+|193 |00:36:40,320 ~-~-> 00:36:50,370 |in all market conditions. Okay. But simply because it's usable on every market condition does not mean it's going to be a trade in every market condition.
	195	+|194 |00:36:50,460 ~-~-> 00:36:58,890 |Okay, a lot of folks are struggling with directional bias. We're going to talk about that in this video module, we're going to talk about the importance of not
	196	+|195 |00:36:58,890 ~-~-> 00:37:09,150 |doing anything. Okay, because a lot of times, folks will just assume that just simply because the market moved, better ICT was involved in that trade, not
	197	+|196 |00:37:09,150 ~-~-> 00:37:19,290 |necessarily, my trade frequency is very small. I used to trade a lot, you don't have to trade a lot. Okay. The tools I'm sharing in this video series will allow
	198	+|197 |00:37:19,290 ~-~-> 00:37:24,360 |you to cherry pick these concepts. It's being divulged in this,
	199	+|198 |00:37:24,720 ~-~-> 00:37:35,670 |this specific trading plan series is designed for you to catch those one shot one kill weekly hauls, where you just waiting for that really good setup for the
	200	+|199 |00:37:35,670 ~-~-> 00:37:45,960 |week, make your weekly objective, don't care if it goes anything beyond your normal expected in terms of, you know, if it's 50 to 100 pips for the week,
	201	+|200 |00:37:45,960 ~-~-> 00:37:56,820 |whatever this approach will help you do that. It'll help you get in that direction of being consistently hauling that type of that game. If you are
	202	+|201 |00:37:56,820 ~-~-> 00:38:06,540 |expecting this to give you every single day trades, you're looking outside the scope of what its intended purposes. Now, I have approaches and techniques and
	203	+|202 |00:38:06,540 ~-~-> 00:38:16,020 |concepts that are applicable for those types of environments in those styles of trading. But I don't think it's a good fit for new traders. I think it builds
	204	+|203 |00:38:16,020 ~-~-> 00:38:24,750 |confidence if one can number one, learn to anticipate, learn to engage with an understanding why you're doing it when you're doing it, when not to do it, which
	205	+|204 |00:38:24,750 ~-~-> 00:38:33,480 |is more important to you taking a trade, because there's more time in the market for you to lose money than there are for you to actually in line with the market
	206	+|205 |00:38:33,540 ~-~-> 00:38:44,040 |and then make money. Okay, and we're going to discuss that later on in this video. But understand that the likelihood and the odds and time window for you
	207	+|206 |00:38:44,040 ~-~-> 00:38:56,490 |to lose money is far greater than the short, small little pockets of opportunity that present themselves as trade setups that are profitable. Look, if you take
	208	+|207 |00:38:56,490 ~-~-> 00:39:05,730 |1000 traders home from all corners of the earth, put them in a room and you tell them look at the same chart, every single one of those guys are going to have
	209	+|208 |00:39:05,730 ~-~-> 00:39:17,580 |something different and what they see and what they expect. This is a framework for you to build upon. It's not a complete, be all end all. Okay, it's not a
	210	+|209 |00:39:17,580 ~-~-> 00:39:30,090 |panacea. But what you're going to get from this is going to give you a procedure to apply. And if it's applied correctly, within the defined terms from video,
	211	+|210 |00:39:30,090 ~-~-> 00:39:41,670 |one, two, video eight, you're going to see a big picture panoramic view of when you should be engaging when you should not be engaging. And when you are
	212	+|211 |00:39:41,670 ~-~-> 00:39:52,440 |engaging, what specifically you're doing when, why, how, okay, there's going to be no ambiguity when it comes to that. But it's important for you to get through
	213	+|212 |00:39:52,440 ~-~-> 00:40:01,890 |all this boring dry stuff because that's what gives you the understanding to make you effective once you start applying these tools. Because every time you
	214	+|213 |00:40:01,890 ~-~-> 00:40:11,310 |watch these videos, it doesn't mean simply go out the next day and expect those things unfold exactly as you saw in that previous video, you learn by expecting
	215	+|214 |00:40:11,640 ~-~-> 00:40:20,250 |to see similarities to what you see in these videos, and you gain a understanding, okay, and you activate your reticular activating system where you
	216	+|215 |00:40:20,250 ~-~-> 00:40:30,360 |start seeing the same pattern unfolding all the time, always, they're always there. And there's gonna be slight deviations from what you expect to see and
	217	+|216 |00:40:30,360 ~-~-> 00:40:38,700 |what actually is there. And that's the fine art and trading that you aren't going to learn from a textbook, you're not going to learn from a $2,000 webinar
	218	+|217 |00:40:38,700 ~-~-> 00:40:49,860 |seminar going across the planet, go see somebody that promises you, he's been doing it for 25 years, and he's so much better than everybody else. Look, there
	219	+|218 |00:40:49,860 ~-~-> 00:41:00,060 |is going to be a growing period for you. And it's going to come with being here from the charts, I learned something new, every single month, I'll go back over
	220	+|219 |00:41:00,060 ~-~-> 00:41:08,160 |my journal, and I will discuss about how to keep a journal and in the last portions of these videos, and what's a real good way of referring to it
	221	+|220 |00:41:08,160 ~-~-> 00:41:15,570 |reflecting on it and what you should be gleaning from every time you do it. I learned something new. And a lot of it's about myself, not necessarily about the
	222	+|221 |00:41:15,570 ~-~-> 00:41:28,620 |marketplace. But I learned a lot and I journal those types of things. So when you see these kill zones, learn to anticipate specific types of price action and
	223	+|222 |00:41:28,620 ~-~-> 00:41:38,610 |behavior. You are not at the point at which you are expecting to do trades yet, okay? You're still in an observatory state. Okay, what you're doing is you're
	224	+|223 |00:41:38,610 ~-~-> 00:41:50,850 |spectating, or paper trading, okay, you're just looking to see how these markets gyri and move within these specific time windows with a higher timeframe,
	225	+|224 |00:41:51,000 ~-~-> 00:42:00,870 |panoramic, quote, unquote, fundamental perspective. And I'm hoping that you're gleaning that there is a few
	226	+|225 |00:42:01,680 ~-~-> 00:42:13,230 |cherries hanging on the monthly tree of forex. Okay, you can calmly and gingerly walk up to it, reach out and pluck those cherries, when you know, it's
	227	+|226 |00:42:13,260 ~-~-> 00:42:21,810 |applicable for you to do so. Not simply because it's an opportunity to trade because therefore, it's Monday, the markets are trading, I got home from work
	228	+|227 |00:42:21,810 ~-~-> 00:42:29,160 |early, or I'm going to bed early, I'm going to get up and be up in London, therefore, I'm making time to be in the market. So I'm going to take that trade,
	229	+|228 |00:42:29,490 ~-~-> 00:42:37,740 |there's no nessus there's not necessarily a guarantee, anywhere that your trading opportunity in terms of time, and freedom isn't going to line up with
	230	+|229 |00:42:37,740 ~-~-> 00:42:49,530 |the market dynamics that propel the market up or down in your favor. So it's, it's important that you understand that, okay, and these kill zones, while they
	231	+|230 |00:42:49,530 ~-~-> 00:42:59,370 |are absolutely dynamite in the right hands with someone that understands what should be transpiring. And a combination of all these components together, by
	232	+|231 |00:42:59,370 ~-~-> 00:43:07,440 |themselves are absolutely going to be useless to you. Okay, they're this heiling a window of time where things generally happen, okay, so don't expect them to do
	233	+|232 |00:43:07,440 ~-~-> 00:43:19,800 |anything more than that. But go back at when looking when the when the windows of the kill zone on London and New York present, these are tremendous
	234	+|233 |00:43:19,830 ~-~-> 00:43:29,100 |opportunities for you to be involved with being in that marketplace. With that dynamic in mind, like we had, from September 9, we expected the market to move
	235	+|234 |00:43:29,100 ~-~-> 00:43:37,410 |higher, we expected the dollar to move lower, we understood that fundamentally, quote unquote, based on interest rates, okay. And that mad magnetic pole it will
	236	+|235 |00:43:37,410 ~-~-> 00:43:46,740 |have on prices in the currency market. And you saw that unfold here, not necessarily just simply in the Euro, they happen in the cable. Okay, it happened
	237	+|236 |00:43:46,740 ~-~-> 00:43:58,320 |in the Australian dollar cap, it happened in all of the foreign currency markets, in contrast to the US dollar. Okay, folks, we're going to be looking at
	238	+|237 |00:43:58,320 ~-~-> 00:44:08,520 |directional bias framework. And before we get into the specifics, I want to ask you a question. Okay. And we kind of visited this earlier on in the video
	239	+|238 |00:44:08,520 ~-~-> 00:44:20,820 |series, but why do markets move you know, what, what propels markets higher and lower? Is the average retail traders like you and I or is it going to be the
	240	+|239 |00:44:20,820 ~-~-> 00:44:35,790 |large institutional banks and investment firms? those entities on the larger scale obviously, be on the show without are the catalysts for markets moving
	241	+|240 |00:44:35,790 ~-~-> 00:44:49,230 |higher and lower? Because their sheer volume you three requires price to move based on some supply and demand factors that they create by their mere presence
	242	+|241 |00:44:49,260 ~-~-> 00:45:02,250 |in a specific asset class. And it goes without saying that if if a currency is undervalued, and for whatever reason, that large As an institution seems to
	243	+|242 |00:45:02,250 ~-~-> 00:45:12,390 |believe that it's undervalued and it's going to appreciate in value. With up without that, they will try to accumulate that currency. But because their,
	244	+|243 |00:45:12,570 ~-~-> 00:45:26,700 |their volume level is such such a great contrast to what we see in a retail side, they leave a very big footprint. Okay, and I use the analogy in this video
	245	+|244 |00:45:26,700 ~-~-> 00:45:39,420 |series, it's like the elephant getting in this children's pool. Okay? This the displacement of water. It can't be missed. It's obvious. It's when they enter,
	246	+|245 |00:45:39,630 ~-~-> 00:45:49,920 |you can see there's a, there's a major shift in price. Okay, they don't sneak in, they don't, you know, all of a sudden, they look at that, you know, just 500
	247	+|246 |00:45:49,920 ~-~-> 00:45:58,890 |PIP rally just took off out of nowhere. Where did this come from? If you understand what an elephant track looks like, you'll know what happens in the
	248	+|247 |00:45:58,890 ~-~-> 00:46:08,880 |future, when you see them start to materialize in price action. Okay. It's a rather simplistic way of looking at it. But the main thing you need to
	249	+|248 |00:46:08,880 ~-~-> 00:46:19,020 |understand as a trader is that you are not going to muscle this market. Okay, you're not going to be the catalyst for it to move up and down. Okay, the
	250	+|249 |00:46:19,020 ~-~-> 00:46:30,870 |collection of us the retail universe in trading will not move this market. Now, we may cause little minor blips, again, on a very, very short term, okay. But by
	251	+|250 |00:46:30,870 ~-~-> 00:46:43,110 |far and large, the currents in the marketplace are always going to be dictated by the larger predators, okay. And those entities are what we considered, quote
	252	+|251 |00:46:43,110 ~-~-> 00:46:54,690 |unquote, smart money. And because they have the sheer volume behind their, their trades, you know, they can manipulate the marketplace on a certain certain
	253	+|252 |00:46:54,690 ~-~-> 00:47:01,890 |timeframe. Now, the long term trends, obviously, are a result of these
	254	+|253 |00:47:02,190 ~-~-> 00:47:13,050 |larger institutional Smart Money investors and trading banks. They keep momentum moving in one particular direction or the other, until something changes that
	255	+|254 |00:47:13,050 ~-~-> 00:47:23,640 |either fundamentally, or technically, that prevents them from wanting to participate in that existing trend. And then that's what will happen is you'll
	256	+|255 |00:47:23,640 ~-~-> 00:47:33,600 |see a market shift, there'll be a pause, maybe, or an abrupt reversal altogether, and a change in market tide. Your job as a trader is simply just get
	257	+|256 |00:47:33,600 ~-~-> 00:47:45,450 |involved with what those Smart Money traders are doing. Okay. And we're gonna be dealing specifically with that type of mindset in this section. And the next
	258	+|257 |00:47:45,450 ~-~-> 00:47:56,070 |section after this, we're going to be dealing with a lot more specifics in terms of how to trade with the insights that's glean with the Smart Money action in
	259	+|258 |00:47:56,160 ~-~-> 00:48:05,280 |the candlesticks, and then the overall price action of whatever asset class that you trade. And because this is an ICT concept, it's universal. it's applicable
	260	+|259 |00:48:05,280 ~-~-> 00:48:18,930 |to commodities, it's applicable to stocks, energies, crude oil, metals, gold, silver, palladium, platinum, copper, in, as well as debt instruments, like the
	261	+|260 |00:48:18,960 ~-~-> 00:48:31,920 |bond and Tina markets. So don't think this is only going to work in forex. It's a measure of understanding how to read institutional ordering, and the order
	262	+|261 |00:48:31,920 ~-~-> 00:48:46,650 |flow that's apparent in price action. And it does not require a dependency on indicators. Okay, so it's a leading indicator, if you will, it does not lag.
	263	+|262 |00:48:46,680 ~-~-> 00:48:55,920 |Okay. So I know what you're gonna see the future in what I'm sharing with this concepts, versus what you would glean if you were just using a stochastic or a
	264	+|263 |00:48:55,920 ~-~-> 00:49:05,490 |MACD or whatever indicator you like to use, okay? So it's a forward looking approach, versus looking at old data and crunching it mathematically to arrive
	265	+|264 |00:49:05,490 ~-~-> 00:49:19,530 |at whenever you come to believe it's beneficial with indicators. Alright, so what makes a trade? high probability? Okay, no words, strategically speaking,
	266	+|265 |00:49:19,770 ~-~-> 00:49:32,460 |when you hear mentors or traders or authors or whatever it is that you, you pay attention to, or even me when I say this is high probability, what deems that
	267	+|266 |00:49:32,460 ~-~-> 00:49:45,090 |setup high probability? Well, the simple fact is, it's generally in sync with what the higher timeframe market charts are telling us. And also with the
	268	+|267 |00:49:45,270 ~-~-> 00:49:52,680 |current market environment, in other words, there's a risk on risk off, is it moving in, in the general tide of what the higher timeframe markets are doing
	269	+|268 |00:49:52,680 ~-~-> 00:50:02,070 |because again, we understand that these large animal, predator and these elephants if you will, when they enter the marketplace, They're going to push
	270	+|269 |00:50:02,250 ~-~-> 00:50:13,170 |price around. And again, think of that analogy, the price of the asset class and we're gonna stick with forex. In this example. Assuming For this example, we're
	271	+|270 |00:50:13,170 ~-~-> 00:50:28,440 |looking at the fiber, or Euro USD pair for the market the rally, as we see here in the early part of July, up to this point here, okay, that's not coming by way
	272	+|271 |00:50:28,440 ~-~-> 00:50:36,060 |of retail traders. Okay. Now, that does not mean that retail traders cannot be a part of this move. Okay, but the catalyst was certainly not, you know,
	273	+|272 |00:50:36,390 ~-~-> 00:50:51,000 |originated by the retail universe. Okay, that was clearly the large dominant players in the marketplace. But there are certain clues that are left in the
	274	+|273 |00:50:51,000 ~-~-> 00:51:02,220 |chart, that's very clear, if you understand what you're looking for, and how you can use those moving forward. If we understand that our trading is in sync with
	275	+|274 |00:51:02,220 ~-~-> 00:51:13,950 |that mindset, that's what causes us to qualify or quantify the trade as high probability. Why is a high probability is because it's moving in the journal
	276	+|275 |00:51:13,980 ~-~-> 00:51:24,120 |tide that's been established by the larger dominant institutional trading. So if we are in sync with that tide, or if we're in sync with that market momentum,
	277	+|276 |00:51:24,270 ~-~-> 00:51:33,510 |okay, we're not trying to be contrarian in regards to fighting the strong arm Smart Money traders, okay, they're going to take the market where they wanted to
	278	+|277 |00:51:33,510 ~-~-> 00:51:37,590 |go, regardless of how many indicators you have on your chart, whether it be your,
	279	+|278 |00:51:39,390 ~-~-> 00:51:45,690 |your electronic, little trading programs that you created and typed up, and maybe you bought it on the internet, and it's made a lot of money in the past,
	280	+|279 |00:51:46,200 ~-~-> 00:51:54,840 |those absolutely are worthless, unless they're in sync with what the largest additional traders are doing. Okay. And the only way you understand what they're
	281	+|280 |00:51:54,840 ~-~-> 00:52:06,480 |doing is by price action, and leading indicators, such as we're going to discuss in these next two sections. And I promise you, you're going to jump about 20
	282	+|281 |00:52:06,480 ~-~-> 00:52:14,040 |light years ahead, in terms of what you're understanding in price action, and prognostication in terms of technical analysis, okay, that's a promise a
	283	+|282 |00:52:14,040 ~-~-> 00:52:26,970 |guaranteed Okay. So now, let's take a look at the ICT no brainer, directional bias concepts. Okay. And I say that was tongue in cheek, because I've been, I've
	284	+|283 |00:52:26,970 ~-~-> 00:52:36,300 |been asked so many times about directional bias. And, you know, how, how do I get it right? More times than wrong in terms of where the direction of the
	285	+|284 |00:52:36,300 ~-~-> 00:52:45,090 |market is going to go? either be short term, intermediate term or even long term. And it's simply a matter of understanding higher level charts, support
	286	+|285 |00:52:45,090 ~-~-> 00:52:56,490 |resistance, price action, and the overall tendency that the market will continue to move in one direction or another, until something of equal or greater, that
	287	+|286 |00:52:56,970 ~-~-> 00:53:10,110 |may cause a break and shift the tide on the higher level charts. So if you have that understanding, every little minor move on on the intraday charts, okay, are
	288	+|287 |00:53:10,320 ~-~-> 00:53:21,030 |meaningless in regards to hard timeframe. Unless you understand how to apply them then what do I mean by that? We'll use this rally from here in July. Okay,
	289	+|288 |00:53:21,030 ~-~-> 00:53:30,900 |from the lows made here in the fiber. Again, Euro USD is the daily chart as the market moves from this point here, okay, and we're just going to quickly
	290	+|289 |00:53:30,900 ~-~-> 00:53:40,170 |identify the, the ranges here. Okay, this point here, and I'm just roughly just dropping, it doesn't have to be the exact we're just talking about a specific
	291	+|290 |00:53:40,170 ~-~-> 00:53:51,990 |move in price. Okay, from around the 127 57, low to 134 50 level. Okay, that's a pretty significant means of movement between one point to another. Now in terms
	292	+|291 |00:53:51,990 ~-~-> 00:54:04,740 |of pips, we're talking approximately, almost 700 pips rally from there. Okay. And we were talking about the cable on fiber making a low back in here, both
	293	+|292 |00:54:04,770 ~-~-> 00:54:15,210 |this point and this point here. So this is no surprise to us in terms of ICT concepts. If you go back on on YouTube, actually talk about the cable acts and
	294	+|293 |00:54:15,210 ~-~-> 00:54:24,030 |making the very low well in advance, based around some of the principles we're gonna talk about here, and also I'm gonna build upon what's already been
	295	+|294 |00:54:24,210 ~-~-> 00:54:36,600 |released in my previous works. So now, if we understand this has been established, again, this price has been established by the large institutional
	296	+|295 |00:54:36,600 ~-~-> 00:54:45,630 |Smart Money traders, okay, those that have huge blocks of trading, that will push the market all over the place. It does not mean that there's not short term
	297	+|296 |00:54:45,690 ~-~-> 00:54:54,270 |selling opportunities in here. Okay, I'm not, I'm not negating the effectiveness of short term or day trading. Contrary to the larger timeframe, I'm not saying
	298	+|297 |00:54:54,270 ~-~-> 00:55:06,330 |that, but this series is really designed to get you focused in one only Reading with this tide. Okay? And when you start trading with that, it's same thing here
	299	+|298 |00:55:06,330 ~-~-> 00:55:15,690 |from this high to this low. If you were looking for just shorts in that environment, your trades number one are going to be, quote unquote high
	300	+|299 |00:55:15,690 ~-~-> 00:55:21,960 |probability because you're trading in sync with the higher timeframe. macro perspective, okay, because we're looking at a daily
	301	+|300 |00:55:21,960 ~-~-> 00:55:33,030 |chart and this flow, okay, of orders moving lower. Okay, it's gonna drive pricing lower, even though you'll see these minor little blips going higher
	302	+|301 |00:55:33,030 ~-~-> 00:55:43,410 |intraday, okay, those are rallies that you sell into much in the same capacity on the flip side of that, all during this point here, any decline just sets up a
	303	+|302 |00:55:43,410 ~-~-> 00:55:55,320 |retracement in a up move, okay, so you're gonna be trading retracements lower into a upswing in price. Like I said, you're basically buying dips in a rally
	304	+|303 |00:55:56,310 ~-~-> 00:56:07,080 |and you're selling rallies in a decline. Okay, so as the markets moving lower, you're going to be looking for rallies to sell into, that flies in the face of
	305	+|304 |00:56:07,080 ~-~-> 00:56:19,350 |what generally neophyte traders anticipate or expect to do rather, okay or react to, okay, because generally, retail neophytes don't have skills to anticipate,
	306	+|305 |00:56:19,350 ~-~-> 00:56:26,640 |they simply react, you know, an economic report come out, you know, five minutes ago that they had no idea was coming, because they never pay attention to the
	307	+|306 |00:56:26,640 ~-~-> 00:56:36,210 |economic calendar, something that a seasoned professional will always consult prior to the week beginning. In fact, I know what's coming up for the entire
	308	+|307 |00:56:36,210 ~-~-> 00:56:46,050 |month, and I have certain dates that I circle, where there's going to be high probability volatility, okay, because I view market economic indicators and
	309	+|308 |00:56:46,050 ~-~-> 00:56:57,390 |reports that come out methodically out throughout the entire month. These reports, okay, are injections of volatility, and I look for them to set up or
	310	+|309 |00:56:57,390 ~-~-> 00:57:06,210 |can confirm a continuation of an existing move, I may either be a part of or looking to be a part of, so I'm anticipating versus what the neophyte traders
	311	+|310 |00:57:06,210 ~-~-> 00:57:16,680 |do. Middle and majority of the folks that populate these online forums that, you know, where they appear as if they may be convincing other people that they're
	312	+|311 |00:57:16,680 ~-~-> 00:57:24,960 |smart, or, or they're intelligent, or they have a service that's, you know, useful, so therefore, I'm going to sell for $25 a month or $120 a month or
	313	+|312 |00:57:24,960 ~-~-> 00:57:36,540 |whatever, okay, those individuals, okay, they are nowhere near that degree of trader that you are looking for, you want to go beyond that, okay. And to get in
	314	+|313 |00:57:36,540 ~-~-> 00:57:45,270 |the realm of what we considered an underground traders like myself, or folks that are just really out there killing it. And they don't, we don't really care,
	315	+|314 |00:57:45,780 ~-~-> 00:57:53,070 |who believes what we're making, we don't, we don't care about that. You want to get to that same mindset as well. Okay, and the concepts that we're gonna be
	316	+|315 |00:57:53,070 ~-~-> 00:58:04,410 |learning in this, this particular video itself, it's going to be hugely impactful to your trading, if you apply it correctly. And it's very, very simple
	317	+|316 |00:58:04,410 ~-~-> 00:58:17,640 |procedures. So I'm pretty confident that it won't be taken out of, you know, the intended context of how to apply it, because it's rather simple. But my advice
	318	+|317 |00:58:17,640 ~-~-> 00:58:27,690 |to you is trying not to build on this and add more things to it because we're gonna be talking about candlestick patterns. Okay, but there's not a whole slew
	319	+|318 |00:58:27,690 ~-~-> 00:58:36,720 |of them, like you see, if you pick up, you know, a candlestick charting book, you know, man, I have so many candlestick patterns, how do you? How do you
	320	+|319 |00:58:36,720 ~-~-> 00:58:49,020 |arrive at what, what to use, okay, and it's just, it's just too much. Okay, it's information overload. Prior to this video series, I presented a whole plethora
	321	+|320 |00:58:49,080 ~-~-> 00:59:01,140 |of general market insight because it was meant to get you focused in on what specifically is useful when you're digesting price as it's moving intraday,
	322	+|321 |00:59:01,140 ~-~-> 00:59:12,840 |daily, weekly, you want to be seeing certain things and till you identify the the, the repeating reoccurrence of certain phenomenon that takes place in price.
	323	+|322 |00:59:13,830 ~-~-> 00:59:25,350 |You can't get deeper into price action study. Okay, imagine how many of you can speak Russian? I can't. So for me to learn it, I got to go through this long
	324	+|323 |00:59:25,350 ~-~-> 00:59:35,940 |daunting task of understanding how to use simple terms. And, you know, maybe you're in some mannerisms, to commute to communicate that, that language in the
	325	+|324 |00:59:35,940 ~-~-> 00:59:43,650 |initial stages. It's almost like, you know, when we were in kindergarten is American You know, when we learned English, you start with these picture forms,
	326	+|325 |00:59:43,650 ~-~-> 00:59:48,420 |this is an apple, you start with a very, very, you
	327	+|326 |00:59:49,679 ~-~-> 01:00:01,889 |limited scope in terms of understanding and you build upon that. Well, the the original onset of my information being released It went over a lot of people's
	328	+|327 |01:00:01,889 ~-~-> 01:00:10,499 |heads because they were looking for the get me and get me out. And I need to do this every single day. And they didn't want to take the learning approach to
	329	+|328 |01:00:10,499 ~-~-> 01:00:19,919 |understanding the market completely. Okay, there's got to be a macro perspective in your understanding. Otherwise, the things that we're going to be discussing
	330	+|329 |01:00:19,919 ~-~-> 01:00:30,539 |here, okay, you're gonna know if you got a full grasp on the general principles that I've released. Because if this goes over your head, you had no idea what
	331	+|330 |01:00:30,539 ~-~-> 01:00:36,599 |you missed, go back over all the previous information I released on the internet, okay, and then you'll be able to understand what I'm about to share
	332	+|331 |01:00:36,599 ~-~-> 01:00:44,039 |here. Because it's simply not looking for a particular white or black candle, and therefore, it's going to do this every time it does. Don't Don't think that,
	333	+|332 |01:00:44,099 ~-~-> 01:00:54,089 |okay, but if you understand the parameters that we're going to cover, and why it's designed to do what we're anticipating, you'll, you'll see that it's not,
	334	+|333 |01:00:54,089 ~-~-> 01:01:01,559 |it's not surprised you, you'll know going into every week of the month that you know exactly, specifically what you're looking for, you know, what days of the
	335	+|334 |01:01:01,559 ~-~-> 01:01:07,649 |week you're going to be looking for it, you know, what time of that day you're looking for it to occur. Now, does that sound like someone that's rolling the
	336	+|335 |01:01:07,649 ~-~-> 01:01:18,749 |dice? Does that sound like somebody that really doesn't know what they're doing? Okay? The skills that you're going to learn, okay, are going to give you the
	337	+|336 |01:01:18,749 ~-~-> 01:01:28,229 |ability to remove all of the emotions that's always plagued you. Okay? And I know some of you you're beating your, your fist on the on the couch, probably or
	338	+|337 |01:01:28,229 ~-~-> 01:01:38,069 |your computer desk at work, come on ICT get to, it's a whole lot of ramble here, okay. But I really want you to understand that it's, it's important, it's
	339	+|338 |01:01:38,069 ~-~-> 01:01:53,609 |crucial that you understand that this is not needed to be rocket science, okay? If there's a lot of tools that I've, I've shared, I've tweaked that other people
	340	+|339 |01:01:53,609 ~-~-> 01:02:04,859 |have created, I have my own little spin on it. But some of these things that are just simply there that are very, very generic, okay, they elude all this. And
	341	+|340 |01:02:04,859 ~-~-> 01:02:13,139 |when I first started looking at charts, it eluded me as well. Okay. But I'm going to strip all this stuff back, I'm open the curtain if you will, okay. And
	342	+|341 |01:02:13,139 ~-~-> 01:02:23,099 |you're going to look through the, the eyes of ICT, and you're going to have ICT vision. Okay, starting now, I'm going to give you the perspective that you need
	343	+|342 |01:02:23,099 ~-~-> 01:02:31,409 |as a professional trader, you're going to give you the perspective that you need to see price through the lens of a price action trader, this is what you want to
	344	+|343 |01:02:31,409 ~-~-> 01:02:41,819 |be looking at, and what you're hunting and what you're stalking and why you're doing it. Okay. So let's go on one thing, start working on the directional bias
	345	+|344 |01:02:42,479 ~-~-> 01:02:54,689 |concepts. And hopefully, you guys are all frothing at the mouth ready to devour what is going to be shared here. Now, there's going to be a very similar
	346	+|345 |01:02:55,139 ~-~-> 01:03:07,889 |appearance to a few of these concepts, because I've released video videos in the past where they discovered, you know, by simply applying a moving average or to,
	347	+|346 |01:03:08,189 ~-~-> 01:03:17,129 |it gives me a perspective to stay with a momentum idea, okay. And that's generally how the funds and institutional traders, you know, keep the momentum
	348	+|347 |01:03:17,129 ~-~-> 01:03:27,119 |going. And it keeps you from trying to pick a top and pick a bottom when there's really no need for you to be doing that yet. Okay. What you want to do is you
	349	+|348 |01:03:27,119 ~-~-> 01:03:37,409 |want to start with your daily chart, okay? Again, this is an intermediate term trading strategy, where it really is focusing on one really strong setup per
	350	+|349 |01:03:37,409 ~-~-> 01:03:45,089 |week. And again, if you're a new trader, that's my advice is start there with your demo account trading, don't try to be in there every single day trading,
	351	+|350 |01:03:45,329 ~-~-> 01:03:55,979 |but still study on an intraday basis daily after the fact. So you can get an idea of what price action is dealing generally. But your, your daily chart is
	352	+|351 |01:03:55,979 ~-~-> 01:04:02,759 |your higher timeframe. Okay, and again, we're not negating the importance of monthly and weekly support resistance. But we're just going to be going to the
	353	+|352 |01:04:02,759 ~-~-> 01:04:12,239 |daily chart as our go to higher and higher time frame chart, okay, and go over the videos previous to this one, where it discloses what time frame charts you
	354	+|353 |01:04:12,239 ~-~-> 01:04:20,489 |would use for whatever particular type of trading that you may be comfortable with. Alright, so again, with the daily chart, what you're going to do is,
	355	+|354 |01:04:20,489 ~-~-> 01:04:31,439 |again, using mt four platform, he's got to insert, go to indicators, you're going to get on the trend, you're gonna go to moving average. And you're gonna
	356	+|355 |01:04:31,439 ~-~-> 01:04:40,859 |be using the 18 period, moving average, and it doesn't matter really what colors you use, we're just gonna go with this. And then you're going to go and add
	357	+|356 |01:04:40,859 ~-~-> 01:04:49,049 |another one, moving average. Okay, and make sure it's exponential.
	358	+|357 |01:04:49,650 ~-~-> 01:05:00,930 |It's just to me, it just gives you a better smoothing factor in terms of the moving average and the next period, you're going to be using a nine And you want
	359	+|358 |01:05:00,930 ~-~-> 01:05:11,250 |to have this color a little bit different, so we're just gonna go with red. Okay, and again, the colors are not important, if you want to know, for
	360	+|359 |01:05:11,250 ~-~-> 01:05:22,080 |instance, the red one here denying, you want to know what that that color is, in contrast to the slower 18 period exponential moving average, okay? Now the
	361	+|360 |01:05:22,080 ~-~-> 01:05:32,100 |importance of having a moving average set like this, it would it gives you is it gives you insight in terms of where the institutional flow is. Okay? If you
	362	+|361 |01:05:32,100 ~-~-> 01:05:42,840 |can't see the price swings for what they are naked, this will give you the, again, quote unquote no brainer. Now again, it's not to promise that you're
	363	+|362 |01:05:42,840 ~-~-> 01:05:54,300 |never going to have a losing trade. That's not I am promised that no one ever can. But what I'm giving you here, you will not miss the two to four really
	364	+|363 |01:05:54,300 ~-~-> 01:06:06,210 |handsome setups per month, okay. And if you just do the simple math on that, it works out to be about a one shot, one kill per week. That's all you need to make
	365	+|364 |01:06:06,210 ~-~-> 01:06:16,260 |a career and I'm talking a wildly successful trading career. And I know that flies in the face of what you're expecting or what you currently understand, but
	366	+|365 |01:06:16,260 ~-~-> 01:06:24,660 |I'm promising you if someone consistently withdraws 50 pips every single week out of the marketplace, if you know how to do that. And you can control your
	367	+|366 |01:06:24,660 ~-~-> 01:06:36,030 |equity and know how to apply it. You systematically you have absolutely no idea where that can take you. And it's crazy amount of money, crazy, crazy, insane
	368	+|367 |01:06:36,030 ~-~-> 01:06:47,310 |amount of money, if you understand how to do that. But the problem is, you made him he made a simple trade last week or yesterday, and you love that feeling,
	369	+|368 |01:06:47,340 ~-~-> 01:06:54,090 |okay? You get addicted, that to that moment of astonishment. Okay, so you want to go back in there and do it again. Because you'd like that feeling you need
	370	+|369 |01:06:54,090 ~-~-> 01:07:01,170 |your fix. That was the hardest thing for me to overcome. And I'm promising you that's going to be the hardest thing that you're gonna have to deal with.
	371	+|370 |01:07:01,530 ~-~-> 01:07:09,870 |Because, you know, when we first get involved, we can, we can expect to lose money, okay, and for whatever reason, we like to block the losers out and we
	372	+|371 |01:07:09,870 ~-~-> 01:07:17,940 |focus on winners, but you need to be able to look at them, you know, the same way their trades and you need to learn from them. But more importantly, when you
	373	+|372 |01:07:17,940 ~-~-> 01:07:28,080 |make money, okay, you need to act slow when you're trying to make money and act fast. Okay, or react fast is your only time you get permission from ICT to be a
	374	+|373 |01:07:28,080 ~-~-> 01:07:40,740 |reactionary trader, you react quickly to preserve or protect your equity or capital, you move slowly to attempt to make money, okay? fools rush in, where
	375	+|374 |01:07:40,740 ~-~-> 01:07:50,280 |wise man tread softly and slowly, okay, we don't plunge in there trying to just go on and try to make the next dollar. I want to know what I have is lined up
	376	+|375 |01:07:50,310 ~-~-> 01:07:58,140 |with the higher timeframes, there's a nice support resistance level, momentum is moving higher order flows moving higher, then I'll be looking for a long, okay,
	377	+|376 |01:07:58,140 ~-~-> 01:08:05,670 |in a kill zone based on you know, the retracements back in an existing price swing, and we're going to talk about that as we go along. But for now, the
	378	+|377 |01:08:05,670 ~-~-> 01:08:18,090 |building block starts with having the two moving averages right here. Okay. When the nine period moving average is below the 18. What that establishes, that's
	379	+|378 |01:08:18,120 ~-~-> 01:08:20,250 |your framework for
	380	+|379 |01:08:25,860 ~-~-> 01:08:39,390 |when the nine period or in this case red, moving averages below the blue 18. Period, okay, that establishes a bearish framework, okay, in other words, or I
	381	+|380 |01:08:39,390 ~-~-> 01:08:50,580 |like to call a sell model, okay or sell program rather. What that does is it gives you the greenlight go to look for selling opportunities to be a bear.
	382	+|381 |01:08:50,970 ~-~-> 01:09:00,780 |Okay, or you want to be selling into rallies, okay. And when the nine period is above the 18 period, what you're looking for is buying opportunities where you
	383	+|382 |01:09:00,780 ~-~-> 01:09:12,030 |want to be buying a dip, okay, intraday, or over the course of a few days. If you're a short term trader, as we make a retracement lower, okay, all that's
	384	+|383 |01:09:12,030 ~-~-> 01:09:24,750 |doing is is creating a new buying opportunity. Okay, and that's what keeps you on the right side of the marketplace. And you arrive at what was discussed a few
	385	+|384 |01:09:24,750 ~-~-> 01:09:32,760 |moments ago, what classifies a trade as high probability, this is high probability. Okay? And what I want to draw your attention to and here is, again,
	386	+|385 |01:09:33,120 ~-~-> 01:09:40,200 |avoid the notion of having to feel like you have to pick the tops and the bottoms in the marketplace, okay? There's tools that I have that helps you do
	387	+|386 |01:09:40,200 ~-~-> 01:09:47,730 |that on a higher timeframe macro perspective, but we're looking at more dynamic trading. This will allow you to get into the trenches, immediately start
	388	+|387 |01:09:47,730 ~-~-> 01:09:56,430 |applying the tools, okay, on a weekly basis, and then hopefully in your demo account, you'll see the fruits of your labors. But it also I've, I specifically
	389	+|388 |01:09:56,430 ~-~-> 01:10:08,130 |chose this timeframe because it will it will force you To not over trade, which is one of the biggest, huge barrier for new traders. Day Trading is not everyday
	390	+|389 |01:10:08,130 ~-~-> 01:10:20,010 |trading, okay. And I'm not teaching you day trading here, I'm teaching you high probability one shot one kill, kill them hard, I mean, just knock them dead type
	391	+|390 |01:10:20,040 ~-~-> 01:10:28,410 |setups where if you just sit back and you wait for these types of setups and you're demonstrating, you'll see a huge increase of your, your confidence, your
	392	+|391 |01:10:28,410 ~-~-> 01:10:39,000 |understanding the marketplace, you will hone your patience, you may not have patience now. But using the concepts in this series, you are forced to hone your
	393	+|392 |01:10:39,000 ~-~-> 01:10:50,280 |patience. Okay, a lot of folks that I've been contact with over the last few years because of my presence on a particular market form. They have struggled
	394	+|393 |01:10:50,280 ~-~-> 01:10:59,340 |with patients, they've struggled with these, these demons, if you will, internally. So I'm forcing you go back to this type of perspective, okay, and
	395	+|394 |01:10:59,340 ~-~-> 01:11:08,280 |number one is going to limit your excess trading, it'll take it down a huge notch, okay, because you're only gonna be trading at maximum, you know, a few
	396	+|395 |01:11:08,280 ~-~-> 01:11:18,960 |times a week, okay, dependent on the Killzone and the setup. And you're forced to have a larger perspective in terms of your analysis. So really, the worst
	397	+|396 |01:11:18,960 ~-~-> 01:11:29,640 |case scenario, I think that a trader would have would be maybe, you know, 12 to 14 trades the entire month. And that's still my, in my opinion, that's a busy
	398	+|397 |01:11:29,640 ~-~-> 01:11:38,190 |trader. I know some of you guys get in here and you five or 10 minutes, and you catch them five or six pips. And that's wonderful. If that's what you do. That's
	399	+|398 |01:11:38,190 ~-~-> 01:11:46,440 |wonderful. I just think that's crazy. But I used to do it, and it doesn't pay off the amount of time you put in. If you have this perspective, you're gonna
	400	+|399 |01:11:46,440 ~-~-> 01:11:53,340 |see if it was another water. And I'm not saying a whole lot of time in front my computers, okay. And which is what you want to be doing to professional traders
	401	+|400 |01:11:53,340 ~-~-> 01:12:00,030 |don't don't live in front of monitors, okay, they don't do it. junkies do. Okay, action hounds do.
	402	+|401 |01:12:01,320 ~-~-> 01:12:12,840 |And they may do a trading for a living, okay, but I'm not promising you their own age all the time, they're probably dumping gallons of caffeinated drinks in
	403	+|402 |01:12:12,840 ~-~-> 01:12:21,300 |their body, okay, and high sugars. And it's just their health probably really, really stinks in terms of, you're not being a part of the real world outs away
	404	+|403 |01:12:21,300 ~-~-> 01:12:31,320 |from these charts. So this is going to give you that ability to do that. So we already identified when the parameters are in place for a selling framework,
	405	+|404 |01:12:31,350 ~-~-> 01:12:42,780 |okay, when the nine is below the 18. And then when the nine is above the 18, that's the framework to be a buyer. Okay? Again, do not, do not worry about
	406	+|405 |01:12:42,780 ~-~-> 01:12:55,650 |catching these turning points, okay? Don't worry about that. Because what I'm allowing you to do is you're going to run into where your trading stops being
	407	+|406 |01:12:55,650 ~-~-> 01:13:06,990 |profitable. And you'll have to, number one, adjust your equity, you'll have to calibrate your risk to reward you'll have to calibrate your leverage based on
	408	+|407 |01:13:06,990 ~-~-> 01:13:16,890 |your equity decline, okay? Too many folks overlook that. Okay. And this is going to force you to do those very things. Okay. professional traders and money
	409	+|408 |01:13:16,890 ~-~-> 01:13:25,950 |managers, we do that always. On a daily basis, we're always looking at what we're risking what we stand to make, and how are we going to remove that risk to
	410	+|409 |01:13:26,010 ~-~-> 01:13:33,660 |do zero, and in lock in a profit, that's where the majority of my analysis is, it's not looking at charts and waiting for the biases, by signals in the sell
	411	+|410 |01:13:33,660 ~-~-> 01:13:43,740 |signals. That's, that's the easy stuff. The hard part is knowing that the markets predisposed to go higher. And in fighting that urge to risk 8% of my
	412	+|411 |01:13:43,740 ~-~-> 01:13:53,160 |account, you know, 20% of my account, because I see this stuff happen all the time, you a reasonably expected and anticipated to unfold, but there's no
	413	+|412 |01:13:53,160 ~-~-> 01:14:05,310 |guarantee it's going to, okay, so I'm giving you these, these skills, okay to work with, and give you a mindset that hopefully will guide you to consistency.
	414	+|413 |01:14:06,480 ~-~-> 01:14:15,420 |So let's look at a, just a brief sample set of how this is applicable, we're just going to go ahead and scroll through just briefly. Okay, and we'll start
	415	+|414 |01:14:15,420 ~-~-> 01:14:22,380 |here again, I'll just, I don't want to go back too far. Because we could make a huge, you know, treatise over this whole thing and really not get to the other
	416	+|415 |01:14:22,380 ~-~-> 01:14:32,880 |things that I want to cover. But we have the nine period break below here. Now, price can step through both of these moving averages. Okay, that's not important
	417	+|416 |01:14:32,880 ~-~-> 01:14:43,890 |in here. The important fact is that if the nines below the 18, your mindset is I'm looking for sell scenarios and looking for rallies to sell into, okay. And
	418	+|417 |01:14:44,460 ~-~-> 01:14:54,000 |you can expect the blue line or the 18 period, okay to act as like a dynamic support resistance level. Okay? I don't like trend lines. I don't have faith in
	419	+|418 |01:14:54,000 ~-~-> 01:15:04,440 |them. Okay, but when you have a moving average like this, it just, it allows me to anticipate price reacting, it's very nice example of it here. Okay, and nice
	420	+|419 |01:15:04,440 ~-~-> 01:15:13,320 |example of it here as well. And the bodies of the candles remained below the 18 Here, here. And so even though we did have some wick step through it, the body
	421	+|420 |01:15:13,320 ~-~-> 01:15:23,190 |itself was unable to close above and remain lower, and you can see that the result of the market action was going to the downside. So when you have that in
	422	+|421 |01:15:23,190 ~-~-> 01:15:35,490 |place, okay, when you have that in place, it allows you to number one, view the market with a higher level institutional momentum perspective, okay. And that's
	423	+|422 |01:15:35,490 ~-~-> 01:15:43,770 |a whole lot of words there. And I'm not trying to be wordy or sound intellectual, I'm trying to communicate the understanding that I have in the
	424	+|423 |01:15:43,770 ~-~-> 01:15:49,860 |marketplace, because I can't, if there was a resource for me to say, hey, go to this book, and this is what it teaches you, I would have saved myself a lot of
	425	+|424 |01:15:49,860 ~-~-> 01:15:57,120 |trouble. But there's no books out there that I'm aware of. And I have a huge library of it. So I this is the way for me to create it like a language or
	426	+|425 |01:15:57,120 ~-~-> 01:16:07,950 |vocabulary for us to interact so you can understand the concepts, okay. So when we have the nine period above it, above the 18, we're buying, and when the nine
	427	+|426 |01:16:07,950 ~-~-> 01:16:18,030 |periods below the 18, we're selling, okay? That by itself will get you into a whole lot of wonderful, sweet little sweet spots in the market, we can just take
	428	+|427 |01:16:18,030 ~-~-> 01:16:26,490 |these opportunities and be happy with that. But because I'm ICT, that's not enough, okay, I got to take it to the nth degree. And we're going to be looking
	429	+|428 |01:16:26,490 ~-~-> 01:16:46,350 |at how we can further amplify the effectiveness of directional bias understanding with now we're gonna look at a series Okay, of all this use a slow
	430	+|429 |01:16:46,350 ~-~-> 01:17:00,480 |area to okay in here, that was a buy. area from this point in here,
	431	+|430 |01:17:01,980 ~-~-> 01:17:30,990 |to here was a buying area. And right in here became a selling framework where you're really just focusing on being a bear. And we'll just use that because
	432	+|431 |01:17:30,990 ~-~-> 01:17:40,020 |that's a nice little one. Price swing in here, we can work with him. And what I'm going to do now is I'm going to take the moving averages off because while
	433	+|432 |01:17:40,020 ~-~-> 01:17:50,580 |we've already established where the averages have communicated the bullishness or bearishness that we should be focusing on Okay, so now with those moving
	434	+|433 |01:17:50,580 ~-~-> 01:18:02,280 |averages away, we're going to apply now market structure and order flow, okay, and or market flow, whatever you want to call it, but the the premise of where
	435	+|434 |01:18:02,340 ~-~-> 01:18:12,360 |swing highs are taken out to the upside. Okay, that is momentum on the upside, in addition to when you have these little areas where market is generally
	436	+|435 |01:18:12,360 ~-~-> 01:18:22,830 |looking to move higher or lower based on these two components blended together. And what I mean by that, well, we're gonna go up to the indicator thing here on
	437	+|436 |01:18:22,830 ~-~-> 01:18:36,780 |Mt four. And, again, I do not require a five day or five candle pattern to create a fractal. Okay, and when I say fractal, it's this little thing about
	438	+|437 |01:18:36,780 ~-~-> 01:18:51,270 |Bob, that's on Mt four. And I probably should use a different color, which I'm going to do now. And we're just going to use, we use red, that'll pop off pretty
	439	+|438 |01:18:51,270 ~-~-> 01:19:06,870 |good. Alright. In here, we have a fractal high, or basically a swing high. In other words, it's a candle with two lower high candles on both sides of it. For
	440	+|439 |01:19:06,870 ~-~-> 01:19:15,420 |me and my trading, I simply use this candle with the higher low here, I'm sorry, with a lower high here and a lower high here, okay, between this pattern this
	441	+|440 |01:19:15,450 ~-~-> 01:19:22,260 |mean sorry, this candle, this candle and this candle, that alone would have presented a swing high to me and if that was violated on the upside, you know,
	442	+|441 |01:19:22,290 ~-~-> 01:19:35,250 |that would have been enough for me. Okay. We have a swing high here. We have a swing low here. We have a sling swing low here as well. Now, as price moved
	443	+|442 |01:19:35,760 ~-~-> 01:19:48,810 |above, this swing high here right there. Now we have both swing high broken out or market structure has shifted upwards, while we're in an area where those two
	444	+|443 |01:19:48,810 ~-~-> 01:20:03,180 |moving averages are implied. Momentum is bullish, okay. So from this point on here We are looking to be a buyer we're gonna be looking for a retracement of
	445	+|444 |01:20:03,180 ~-~-> 01:20:16,050 |some sorts okay to be a buyer in okay now you see a minor little retracement here and then in rallies off now even though we have a bearish candle here,
	446	+|445 |01:20:16,410 ~-~-> 01:20:27,780 |okay, we did move higher just in terms of pips from the time at work this this swing high here. We're going to use that range to the high up here. That's 179
	447	+|446 |01:20:27,780 ~-~-> 01:20:41,610 |pips. Okay 179 pips? That's inside of one week. Do you think you can get 50 pips out of that? Is it reasonable to think that one would be able to? I hope, I hope
	448	+|447 |01:20:41,610 ~-~-> 01:20:53,730 |do you think that at least, okay, again, we have price. Still above this swing high, and the only recent swing low prior to that point is here. So as long as
	449	+|448 |01:20:53,730 ~-~-> 01:21:03,630 |prices and break that swing low, we are still bullish, we have a swing low form here. But notice that that's the only one since this one was formed. So market
	450	+|449 |01:21:03,630 ~-~-> 01:21:15,960 |structure and order flow suggests that we are still go for buying opportunities. Okay. Now, price retraces again, okay, inside of this range, and we broke this
	451	+|450 |01:21:15,960 ~-~-> 01:21:27,330 |swing high here. So when that breaks, this is the range. Right here, this is that little price move here. If we looked at just that range alone, again, we're
	452	+|451 |01:21:27,330 ~-~-> 01:21:40,260 |working on a daily chart guys, this is not an intraday chart, if I look at using the fib, john to draw so you guys can see. Here's the 79 cent treatment level
	453	+|452 |01:21:40,260 ~-~-> 01:21:52,080 |right in here. Okay, now true, it violated just a little bit, but ultimately spent very little time, okay, blowing through it going on downside and we moved
	454	+|453 |01:21:52,080 ~-~-> 01:21:55,680 |higher again. That by itself,
	455	+|454 |01:21:58,860 ~-~-> 01:22:07,920 |is insightful, because number one, it allows you to understand where these fractals are forming. Okay, and I'm saying fractal in sense of the price
	456	+|455 |01:22:07,920 ~-~-> 01:22:16,680 |pattern, not these little arrows, okay, and that's probably confusing. I wish they would have named this indicator for these swing highs and swing lows is
	457	+|456 |01:22:16,710 ~-~-> 01:22:25,290 |something different. But Bill Williams, for whatever reason, felt he needed to call it that. It's not a fractal, by my definition, or many others if you if you
	458	+|457 |01:22:25,290 ~-~-> 01:22:36,390 |really looked around. But we have a price rally from in here, up here. Now we're going to talk about how this could have been viewed in advance before this
	459	+|458 |01:22:36,390 ~-~-> 01:22:48,840 |happening, where over here, something goes on, that's useful to tell when there would be an opportunity to be a buyer. But what before we get to that, here's
	460	+|459 |01:22:48,840 ~-~-> 01:22:59,610 |another opportunity just by using the the range, that's 130 pips from that point to here again, within a week's time, so there's plenty of opportunity to be
	461	+|460 |01:22:59,880 ~-~-> 01:23:10,380 |profitable, okay, and catch your 50 pips or so a week. And again, I'm trying to give you a realistic low an objective that flies against everybody else teaching
	462	+|461 |01:23:10,380 ~-~-> 01:23:18,720 |that you got to make 2000 pips a month, okay, because you don't need to do it. My question is this. If these guys are making 2000 pips a month, okay, or 20,000
	463	+|462 |01:23:18,720 ~-~-> 01:23:30,150 |pips a year, why aren't they billionaires? Think about that. They're everywhere. Everybody's selling courses. Why is there a billionaire out there? Okay, because
	464	+|463 |01:23:30,150 ~-~-> 01:23:40,410 |it's crap. Okay, look, you can have a million pips all you want. It's how much you manage your money behind those pips. Okay, and I guarantee you 99% of them
	465	+|464 |01:23:40,440 ~-~-> 01:23:47,610 |don't do right things with their equity in their money. So just something because you're showing me a spreadsheet, or you have a video on YouTube saying
	466	+|465 |01:23:47,610 ~-~-> 01:23:56,250 |you made you know, X amount of pips means absolutely nothing to me, and it shouldn't mean nothing to you. Okay? So, again, think you don't need a whole
	467	+|466 |01:23:56,250 ~-~-> 01:24:04,530 |lot. So if we're gonna focus in just on 50 pips a week, that's a realistic obtainable goal. And it's something that could be duplicated over and over and
	468	+|467 |01:24:04,530 ~-~-> 01:24:12,690 |over again, like I do like a cookie cutter approach. You keep doing the same thing over and over and over again, sometimes you run out of dough. Okay, and
	469	+|468 |01:24:12,690 ~-~-> 01:24:20,820 |what you got to do, you got to follow it up and work it out. Again, spread a thin spread a thinner, it means risk less, okay, cut back your equity. Okay? And
	470	+|469 |01:24:20,820 ~-~-> 01:24:27,600 |then you keep doing that same thing, milk it for all it's worth doing the same thing, don't deviate, don't change the parameters, and then by approaching the
	471	+|470 |01:24:27,600 ~-~-> 01:24:33,300 |market like that, number one, you're not gonna be surprised when you lose money because you're gonna know that okay, that didn't work and I'm not going to be
	472	+|471 |01:24:33,330 ~-~-> 01:24:42,570 |jumping back in again, because my system or method or parameter says that I can't so I'm limiting my exposure in my engagement to the marketplace to just
	473	+|472 |01:24:42,570 ~-~-> 01:24:56,190 |this okay. Which is hugely important because 90% of traders don't do that. Okay. Now, even in here, now, this is why I don't like candlesticks because it's very
	474	+|473 |01:24:56,190 ~-~-> 01:25:07,950 |deceiving. If you are looking at price action one specific manner and then what I mean by that is this. We have a low here, okay? And if you look at the range
	475	+|474 |01:25:07,950 ~-~-> 01:25:17,130 |between this low of this candle to this candle here, we have a price swing. Okay, if you looked on a lower intraday price model, you'll see that this is a
	476	+|475 |01:25:17,130 ~-~-> 01:25:26,760 |very nice price swing. Okay? It's disguise many times because many, many folks don't even look at a daily chart, but this here is a range. Okay, this is a
	477	+|476 |01:25:26,760 ~-~-> 01:25:37,920 |tradable range. If you look at what was available from that retracement, okay, again, cancel the idea of this being a bearish candle. This bearish candle is a
	478	+|477 |01:25:37,920 ~-~-> 01:25:53,070 |bearish candle price moves from this low to this candles high here. It's 123 pips again, that was made during bearish candles. Okay, even though the market
	479	+|478 |01:25:53,070 ~-~-> 01:26:02,100 |did come down here, I'm not I'm not, you know, ignoring the elephant in the room here, if you will, when this two or three day down move I'm not suggesting that
	480	+|479 |01:26:02,100 ~-~-> 01:26:11,430 |didn't occur or what insignificant? What I'm saying to you is if you stick to the model of looking at the low to high and then retracement during an ideal
	481	+|480 |01:26:11,580 ~-~-> 01:26:20,760 |timeframe, okay, notice we didn't break this swing, let it form here, we came down into the range between that candles low and this candles high if we use our
	482	+|481 |01:26:20,760 ~-~-> 01:26:34,710 |fib, okay, pull that up. Okay, we have a reasonable idea where to anticipate again, where the low should form. Okay. And if you looked at
	483	+|482 |01:26:36,900 ~-~-> 01:26:45,930 |probably splitting hairs, but I really want to communicate as well. We're only talking about 11 pips from where the sending lines retracement level is and
	484	+|483 |01:26:45,930 ~-~-> 01:26:56,670 |where the actual low that candle formed. Okay. So, again, when we get to stop loss placement, and you know, overall risk controls, you're going to see that
	485	+|484 |01:26:56,670 ~-~-> 01:27:05,940 |there's simply no reason to fear where you should be placing your stop at, okay, there's no, there's no reason to guess as to, you know, am I going to get
	486	+|485 |01:27:05,940 ~-~-> 01:27:11,850 |stopped out and fearing it also, because if you get stopped out where we're going to teach you, you need to be getting out of the market there, okay?
	487	+|486 |01:27:11,850 ~-~-> 01:27:20,700 |Because it's probably gonna be much more of a move in against you, then if you were to stay in it, okay. So we have an opportunity to be a buyer here as well.
	488	+|487 |01:27:22,500 ~-~-> 01:27:31,560 |The market comes down, creates another consolidation and it moves out of the consolidation. Okay, and the market structure, an order flow shifts bearish
	489	+|488 |01:27:31,650 ~-~-> 01:27:42,330 |here, when we trade low, lower right there, because we broke that swing low. Now when this broke down, okay, we have to wait for another shift in market
	490	+|489 |01:27:42,330 ~-~-> 01:27:51,990 |momentum. Okay. And this is the reason why I do not like this little fractal indicator, okay? Because remember, I told you earlier, that all I require is
	491	+|490 |01:27:51,990 ~-~-> 01:28:02,250 |three bars, or three candles to create a swing high. that's occurring right here. Notice there's an absence of fractal arrow, like it says here. That's
	492	+|491 |01:28:02,250 ~-~-> 01:28:15,270 |because this big old candle here, okay? It's high was above this candles high, which would negate the formation of this arrow, or an arrow like this, or
	493	+|492 |01:28:15,270 ~-~-> 01:28:29,760 |fractal up arrow, because the parameters require this candle to be a lower high than this one. But is this not a swing high? Yes, because it has a lower high on
	494	+|493 |01:28:29,760 ~-~-> 01:28:37,590 |both sides of it. Okay, so this is a swing high. As soon as this candle broke here, we're back on the bullish momentum. Okay, and then we entered this range
	495	+|494 |01:28:37,590 ~-~-> 01:28:49,230 |here. Okay, we started another series of days where those two moving averages have the nine above the 18, moving average. So it's we're a bullish framework,
	496	+|495 |01:28:49,740 ~-~-> 01:29:01,260 |when market structure is bullish, okay, because again, we see this swing high here, when it broke to the upside. Now we have to wait, okay, and expect to see
	497	+|496 |01:29:01,260 ~-~-> 01:29:11,280 |the nine be above the 18. Again, we're looking at a daily chart. During this time period, what you're gonna be looking for is opportunities where price
	498	+|497 |01:29:11,280 ~-~-> 01:29:20,580 |again, find support, pulls back within a range, okay, either on a four hour chart or a one hour chart. And when you see what we're going to be talking about
	499	+|498 |01:29:20,640 ~-~-> 01:29:29,700 |later on, in this video, what you're specifically looking for and hunting 90% of the time, it's there and there's no reason for you to rush to chase price. If it
	500	+|499 |01:29:29,700 ~-~-> 01:29:40,380 |doesn't do these types of things. You don't take a trade. Okay. So again, we're looking to be a buyer here and all the ranges in here. Again, with all these
	501	+|500 |01:29:40,380 ~-~-> 01:29:50,640 |candlestick patterns, you could have all kinds of articles and such all these are the spinning tops, these are the dojis and and, you know, whatever you want
	502	+|501 |01:29:50,640 ~-~-> 01:30:03,660 |to call it, the boxcar Willies I don't I'm not a subscriber of you know a plethora of candlestick patterns really either The doji is long legged doji the
	503	+|502 |01:30:03,660 ~-~-> 01:30:14,550 |hammers, and I like railroad tracks. And that's about it. I don't have any other faith in any other pattern. So you can kind of like leave that in your new book.
	504	+|503 |01:30:14,550 ~-~-> 01:30:23,460 |Don't ever ask me about candlestick patterns outside of those, because I don't subscribe to the views that are useful. Okay. Now, on a daily chart, we have the
	505	+|504 |01:30:23,550 ~-~-> 01:30:32,700 |the highs in here. Okay, and look at the bodies of these candles, you see that? This is where I like candles. Okay, these are these are the ideas that I think
	506	+|505 |01:30:32,700 ~-~-> 01:30:46,770 |are beneficial to using candlesticks. Do you see how this dealing range level? Okay, if we take that out, see how the bodies can hear the opening was at that
	507	+|506 |01:30:46,770 ~-~-> 01:30:57,450 |level to close that candle was at that same level. The opening was just a pip below that level here. And the close of that candle was I'm sorry that I've been
	508	+|507 |01:30:57,450 ~-~-> 01:31:06,990 |saying that wrong. Sorry. the close of this candle is on that. And the open on this candle is at that same level. And the close of that candle is a pip below
	509	+|508 |01:31:06,990 ~-~-> 01:31:19,770 |it. And the open on this candle is right at that same level. Do you see this candle here? Okay, after we had a little minor retracement here, okay, we had a
	510	+|509 |01:31:19,770 ~-~-> 01:31:30,300 |retracement, this is the range because we have this dealing range here. When price broke through it. Okay, see how this is a swing high. And see how this is
	511	+|510 |01:31:30,300 ~-~-> 01:31:30,960 |a swing high.
	512	+|511 |01:31:32,640 ~-~-> 01:31:44,340 |When price broke through it. Mark structure confirms once again that it's only upside, okay. But we also have this dealing range support. So we broke through
	513	+|512 |01:31:44,340 ~-~-> 01:31:54,360 |this. Now, just because this would be classified as support level, an old resistance turn support does not mean that price needs to get only back down
	514	+|513 |01:31:54,360 ~-~-> 01:32:06,030 |here. Okay, so what do you how do we use that information? Well, if you pulled your fib, from that level, up to the range high, which is here, okay, that can't
	515	+|514 |01:32:06,030 ~-~-> 01:32:16,590 |look as we pulled down into intraday, okay. inside of that range, you come right down to that 70.5 level, okay, you see how that's useful to you, we retraced
	516	+|515 |01:32:16,590 ~-~-> 01:32:32,250 |within that. So having that, that gives you a an idea, again, where to anticipate price action to retrace into. That's not that's not all of the
	517	+|516 |01:32:33,450 ~-~-> 01:32:43,740 |characteristics we'd look for. But we will be looking at other things that, you know, allow us to break down on a four hour chart where we can also look for
	518	+|517 |01:32:44,610 ~-~-> 01:32:51,270 |institutional order flow that to support the idea and the notion that we should be expecting higher prices. And again, we move higher and higher and higher, the
	519	+|518 |01:32:51,270 ~-~-> 01:33:03,150 |higher swing lows here, okay, again, are higher in each successive move higher. Okay. And then we see market structure break down in here. Okay. And we did
	520	+|519 |01:33:03,150 ~-~-> 01:33:12,570 |rally off again in here a little bit. Okay. While we're in this screen by framework, where we overall would still be looking for opportunities to be a
	521	+|520 |01:33:12,570 ~-~-> 01:33:26,040 |long trader. I want you to see the below here, or this low here, either one very close in proximity, or doesn't use this one here. If you look at that low up to
	522	+|521 |01:33:26,040 ~-~-> 01:33:33,120 |this high. Can you see that? I moved fit over here so you can see the lines.
	523	+|522 |01:33:38,130 ~-~-> 01:33:46,530 |What I did was I use the range of this low to this high again, this is a daily chart. Price comes right down into what level the 79% retracement level, look
	524	+|523 |01:33:46,530 ~-~-> 01:33:57,840 |how many opportunities where price stayed within that optimal range. Okay. And it rallied up if you look at where we were in regards to that price movement.
	525	+|524 |01:33:59,070 ~-~-> 01:34:11,460 |Again, using these bodies of the candles up to the high of this candle right here. That's 156 pips again 156 pips within a few days that's inside of one
	526	+|525 |01:34:11,460 ~-~-> 01:34:23,280 |week's range. There should be no reason why you can't capture at least 50 pips out of that. Okay, the opportunity here Okay, the bottom line is is there's
	527	+|526 |01:34:23,280 ~-~-> 01:34:35,640 |opportunity for you to make money and still quote unquote be wrong, because ultimately the market did move lower outside of this area here Okay. And then we
	528	+|527 |01:34:35,640 ~-~-> 01:34:49,170 |moved into a selling framework. Okay, you have the market break it down making lower lows, okay and lower highs. So we had the swing high here, with a fractal.
	529	+|528 |01:34:49,230 ~-~-> 01:34:59,100 |Now I got to change this fractal to a different color because it will not be seen against the red. So we have this fractal low here. price breaks down
	530	+|529 |01:34:59,250 ~-~-> 01:35:09,720 |through it. Again confirming that we are in both concepts. agreeing with lower prices, we have the two moving averages, the nine is going to be below the 18.
	531	+|530 |01:35:09,750 ~-~-> 01:35:18,150 |Remember, we marked out this box that was given you the bearish framework to expect lower prices, momentum wise institutionally did going to be looking for
	532	+|531 |01:35:18,180 ~-~-> 01:35:29,370 |order flows lower. Okay. And you see, technically, they are moving lower because we see those swing low here, right down. Okay. So when you see that happen, you
	533	+|532 |01:35:29,370 ~-~-> 01:35:37,380 |are going to be doing is you're gonna be looking for the ranges. Okay, to form, you're gonna be looking for rallies, you're going to sell into those rallies.
	534	+|533 |01:35:38,550 ~-~-> 01:35:56,190 |See this low here, and we see the price action move up here, this high down to that low to the 62% retracement level. Okay. And, again, we're going to discuss
	535	+|534 |01:35:56,340 ~-~-> 01:36:06,300 |a concept that is useful in terms of institutional order flow, where we can again, identify areas on a lower timeframe where this is again, one more area
	536	+|535 |01:36:06,300 ~-~-> 01:36:18,390 |where water flow and short term market structure shifting, and where institutional order blocks are retreated into to get a another piece of the pie
	537	+|536 |01:36:18,390 ~-~-> 01:36:24,390 |if you will, before they start to move lower, you can see when when the market moved up into that range, it did not spend a whole lot of time there. And that's
	538	+|537 |01:36:24,390 ~-~-> 01:36:35,640 |why he had this very thin wick, okay, the market opened here, rallied up and then traded lower and closed lower and that creates that black bar. Okay, the
	539	+|538 |01:36:35,640 ~-~-> 01:36:47,880 |close is near the low of the day. You can see the close on this candle is 130 64. With the low at 130 47.
	540	+|539 |01:37:21,480 ~-~-> 01:37:36,450 |gas price moves lower its brakes, each new successive lower swing lows and each swing high is lower as well. Now we have, again, an opportunity where the market
	541	+|540 |01:37:36,570 ~-~-> 01:37:51,660 |creates a swing low here, trades lower, okay, and comes back here and takes out this this swing high. Okay. That's going to happen a few different times while
	542	+|541 |01:37:51,660 ~-~-> 01:37:59,610 |we are in training environments, because again, you're going to come back and take the stops and search for liquidity. Whenever you see swing highs like this
	543	+|542 |01:37:59,610 ~-~-> 01:38:06,240 |on a daily chart naturally, that's where support resistance is going to be implied by traders and they're going to think that their stop loss orders are
	544	+|543 |01:38:06,240 ~-~-> 01:38:15,090 |protected above that, and you'll see the market rally up just above it, take it out and then break lower, it still does not change the fact that we still are
	545	+|544 |01:38:15,090 ~-~-> 01:38:23,700 |working within a range, okay, and that being this high to the low. And if you'd look it up in here, you'll see opportunities to be a seller on the lower
	546	+|545 |01:38:23,700 ~-~-> 01:38:34,380 |timeframe. Again, once we break lower here, we have everything in an agreement as well. Okay, and I'm going to subscribe to the notion that you probably may
	547	+|546 |01:38:34,380 ~-~-> 01:38:46,440 |have lost money here or missed opportunities. We're just gonna call this a dead opportunity area where we didn't get any kind of reasonable positive equity
	548	+|547 |01:38:46,440 ~-~-> 01:38:57,360 |increase, there was nothing that we profited from in here. Everything gets back in sync here when this candle breaks below this swing low here, okay. And then
	549	+|548 |01:38:57,360 ~-~-> 01:39:09,300 |we have the high here is penetrating here. So now on this candle, everything's bullish, okay inside of this overall sell framework. So what we doing is what
	550	+|549 |01:39:09,360 ~-~-> 01:39:25,410 |we'd sit on our hands until when here, okay, we expect what see this low here, what is that? That is a swing low. Again, the fractal indicator arrow is useful
	551	+|550 |01:39:25,410 ~-~-> 01:39:36,300 |to communicate general support, sorry, swing highs and lows. But again, this is the reason why I don't like it by itself because it will avoid printing an era
	552	+|551 |01:39:36,300 ~-~-> 01:39:45,270 |where I would classify that as a swing low. So when market opened up down here, market structure and order flow has shifted to bearishness again, okay. And this
	553	+|552 |01:39:45,270 ~-~-> 01:39:54,630 |being the most recent swing high as soon as this candle closes and this one opens up, this one would be swing high to me. This is a swing low and everything
	554	+|553 |01:39:54,630 ~-~-> 01:40:06,240 |will be bearish here. Okay and until that high is taken out on the upside, okay or Any newer swing high forming is taking out, I would be looking for lower
	555	+|554 |01:40:06,240 ~-~-> 01:40:16,530 |prices. Okay, and the same thing happens here, we have this swing high, because we have a candle with a lower high here and lower high here. So this is a swing
	556	+|555 |01:40:16,530 ~-~-> 01:40:30,060 |high to me. Okay. price breaks through it here. So now we have on a very short term market structure being bearish. Okay, I'm sorry bullish, again inside of a
	557	+|556 |01:40:30,060 ~-~-> 01:40:39,360 |bearish framework. So we're looking to do what we're selling into rallies, we're selling into it. Okay. So this is where you're going to be applying the what we
	558	+|557 |01:40:39,900 ~-~-> 01:40:53,100 |commonly refer to as market flow order flow, you, you will see on a daily chart, many times rallies going against what would be considered market flow being
	559	+|558 |01:40:56,040 ~-~-> 01:41:04,470 |bullish and always this, we have this swing high here, that's a candle with two lower highs on either side of it, when this candle blew up through it will be
	560	+|559 |01:41:04,470 ~-~-> 01:41:14,850 |considered bullish daily market flow, or waterflow. But you have that range here that you got to work within. Okay. And that looks like this.
	561	+|560 |01:41:20,250 ~-~-> 01:41:28,800 |Right up into that area here. Both candles stop dead on the 17th centuries on level, and then boom, move lower. Okay, now we have everything back in sync,
	562	+|561 |01:41:28,800 ~-~-> 01:41:40,650 |again, we had this low taken out, we have both the framework on the moving averages suggesting lower prices. And the order flow and Mark flow is bearish
	563	+|562 |01:41:40,650 ~-~-> 01:41:51,420 |because we took out the swing low. So everything's moving lower again. We we continually looking for selling opportunities, okay. And inside this is area
	564	+|563 |01:41:51,420 ~-~-> 01:42:04,140 |here. Now, again, we have the market creating a nice rally and reversal. Again, we are not trying to call the lows, we are not looking for the you know, the
	565	+|564 |01:42:04,140 ~-~-> 01:42:12,240 |tops and the bottoms in the marketplace. So even if we were to take a trade in here somewhere, okay, if something lent to our analysis that we should suggest
	566	+|565 |01:42:12,240 ~-~-> 01:42:21,810 |taking a short trade and we got stopped out, what do we do, we accept the loss and we move on, okay. Right in our journal, keep it you know, as a learning
	567	+|566 |01:42:21,810 ~-~-> 01:42:33,090 |process, and continuously looking for the next opportunity. All this right here, okay, would be the same information this applied going forward. Now this, we
	568	+|567 |01:42:33,090 ~-~-> 01:42:46,200 |only had these two examples in our, our analysis and study. Again, we had that red area area and the two green areas. Inside of these pockets of price action,
	569	+|568 |01:42:46,650 ~-~-> 01:42:58,410 |there's more than enough opportunities for you to take trades, just using the daily chart. Okay. But if you use the four hour chart, you'll be able to glean a
	570	+|569 |01:42:58,410 ~-~-> 01:43:08,070 |better understanding of what it is that you are going to be hunting. But before we do that, let's strip the chart again. And we're going to take these fractal
	571	+|570 |01:43:09,900 ~-~-> 01:43:22,110 |things off here. Okay, and what I'm gonna discuss now is what specifically is inside the candles that's useful to us, okay? And why consolidations breed
	572	+|571 |01:43:22,290 ~-~-> 01:43:32,250 |opportunity. We have an area of consolidation right here. And I probably should take these rectangles off because
	573	+|572 |01:43:38,790 ~-~-> 01:43:41,550 |there we go. And we have
	574	+|573 |01:43:48,210 ~-~-> 01:44:08,550 |this consolidation right here. Okay, inside this, we're gonna make it blue. In this little area here, okay. Smart Money is accumulating. Now, how do I know
	575	+|574 |01:44:08,550 ~-~-> 01:44:23,220 |it's accumulating? Well, because number one prices already moved off of an area where it caused a reaction, okay, inside this reaction, this price move higher.
	576	+|575 |01:44:23,250 ~-~-> 01:44:36,420 |Okay, we're talking about a daily chart moving for days to the tune of about 465 pips. Okay. retail traders can't do that. So institutional funds and
	577	+|576 |01:44:36,450 ~-~-> 01:44:45,240 |institutional traders will smart money will this is the elephant putting its foot in the water, okay. Then we go on to a consolidation. It's pausing in here,
	578	+|577 |01:44:45,300 ~-~-> 01:44:51,930 |traders chase it thinking, Okay, what's been going up? I'm gonna keep buying it and they get pounded here to get pounded here, get pounded here. And at this
	579	+|578 |01:44:51,930 ~-~-> 01:44:58,470 |point, they say, well, it's probably not going to keep going up. So I'm gonna be a seller and what they do they celebrate Yeah. Okay. Are they so you know,
	580	+|579 |01:44:58,500 ~-~-> 01:45:07,890 |whatever pattern they think is is beneficial to them and ended up getting caught on the other side of the market again. We as traders, okay, here's what I want,
	581	+|580 |01:45:07,890 ~-~-> 01:45:19,200 |we're gonna take a huge step right now. Okay? You need institutional sponsorship in your trades. Institutional sponsorship is when you start seeing things like
	582	+|581 |01:45:19,200 ~-~-> 01:45:30,810 |this is market moves up, move into consolidation. This is where appearing of orders is taking place. Okay? institutional trading is building up positions,
	583	+|582 |01:45:31,140 ~-~-> 01:45:44,430 |all in these areas here. Okay. And what you're looking for is where areas of where the market has moved with a great level of conviction, okay. If they can
	584	+|583 |01:45:44,430 ~-~-> 01:45:52,800 |move the market almost 500 pips here and it starts pausing, chances are, it's probably gonna be another leg up. And what I mean by that, well, if you take
	585	+|584 |01:45:52,800 ~-~-> 01:46:07,590 |this low to the high in here, if you see that range here, it's probably going to look to make a move equal to that same thing. Okay, and here's a low we're going
	586	+|585 |01:46:07,590 ~-~-> 01:46:15,510 |to use basically use this because usually the same this year, and here's basically the same price. As you take this out in time, you can see the market
	587	+|586 |01:46:15,510 ~-~-> 01:46:23,880 |did move, in fact, to that same price level. Again, it's just like a measured move, taken the first swing and then consolidation and expected another move
	588	+|587 |01:46:23,880 ~-~-> 01:46:39,180 |higher. What I want to draw your attention to is, again, on the daily chart, how I like to view the market. Is it see this candle here? Okay, if we look at that,
	589	+|588 |01:46:41,700 ~-~-> 01:46:45,420 |this candle right here, here,
	590	+|589 |01:46:53,340 ~-~-> 01:47:09,210 |body of that candle. Okay. Is to me the most useful portion of it. Okay? When price rallied up, okay, and consolidated moves out of it, and came right back
	591	+|590 |01:47:09,210 ~-~-> 01:47:21,120 |down into it, but was unable to break this. Whoa, we are in a consolidation. Okay. In this area, in here, okay, something's going on. institutionally
	592	+|591 |01:47:21,120 ~-~-> 01:47:33,330 |speaking. I don't know exactly what it is. But as I know that there's something that traders on a large institutional basis, what this price, for whatever
	593	+|592 |01:47:33,330 ~-~-> 01:47:42,720 |reason, they think there's value to it, okay. And what we're going to do is we're going to be looking at this whole area here, and I really should be using
	594	+|593 |01:47:42,720 ~-~-> 01:47:57,900 |the high the candle, not just the body, but this whole area here is important. Because this is going to be an institutional order block. Okay. When price
	595	+|594 |01:47:57,900 ~-~-> 01:48:05,670 |rallied out of that, and it came back one more time. Okay, they did, they dipped below this area here to clear out any kind of stops, that would be resting
	596	+|595 |01:48:05,670 ~-~-> 01:48:12,750 |there. Okay, and it's a stop run. One of the most important things you can have in your notes are is if the price can come back to a key level support
	597	+|596 |01:48:12,750 ~-~-> 01:48:21,000 |resistance, sweep through it one more time. Okay, and then fail to keep going. That's generally a sign that was a stop rate. And they're getting ready to do a
	598	+|597 |01:48:21,000 ~-~-> 01:48:29,580 |major repricing going the opposite direction. In other words, contrary to direction, the stop was around somewhere, they drove it lower here, engineered
	599	+|598 |01:48:29,580 ~-~-> 01:48:41,370 |it lower to send it higher. Okay. Why did they do that? Because they want the orders that are in existence down here. Okay. So what I mean by that, well, we
	600	+|599 |01:48:41,370 ~-~-> 01:48:48,330 |had one little or blocking here between this candles high in this candles low, okay, when price rallied out, they couldn't get all their trade on. So what do
	601	+|600 |01:48:48,330 ~-~-> 01:48:58,410 |they do they stop their buying, okay, and when they're not buying price will be permitted to trade lower, and then they'll support the market again, because why
	602	+|601 |01:48:58,650 ~-~-> 01:49:06,540 |they're buying comes back into the marketplace in here. Okay, and they're buying it up. Again, that's going to control this decline and keep it from going back
	603	+|602 |01:49:06,540 ~-~-> 01:49:13,770 |into this area here because they already have established positions back here. They don't want those violated. They don't want to see a net loss in there. So
	604	+|603 |01:49:13,770 ~-~-> 01:49:21,990 |they're going to add more positions in here, supporting the market. Again, don't think like a retail trader, think like the banks, the institutional guys, they
	605	+|604 |01:49:21,990 ~-~-> 01:49:28,710 |want to keep this thing they have a vested interest in keeping this market up. So if they wanted to move higher, they're gonna be buying it at a level where
	606	+|605 |01:49:28,710 ~-~-> 01:49:43,290 |they consider it valuable, okay, or a viewing perspective on the marketplace. Edison has a worth of some sort, or undervalued if you will. Now as price moved
	607	+|606 |01:49:43,320 ~-~-> 01:49:51,300 |out of this area here, again, this is that consolidation area we just had blocked off. Its price moves out of that area. Here we have market structure
	608	+|607 |01:49:51,300 ~-~-> 01:50:04,230 |shift here again to bullishness to this high was taken out here. So let's draw that out. Okay, we are bullish market structure here, price rallies up again and
	609	+|608 |01:50:04,230 ~-~-> 01:50:14,550 |then we have this decline. Okay. Now remember earlier I was discussing this Yes, it was three days where it was bears, I'm not ignoring that. Okay. The reason
	610	+|609 |01:50:14,550 ~-~-> 01:50:24,570 |why I was going to come back to this example here because this is exactly what I use to get in these types of trades. If you look at this area of where the
	611	+|610 |01:50:24,570 ~-~-> 01:50:35,010 |institutional order block was, okay, again, what how am I defining that, because we went into a consolidation, we rallied up, okay. And you want to see a
	612	+|611 |01:50:35,010 ~-~-> 01:50:42,510 |conviction, a very strong conviction in the marketplace. And when you see something like this where it moves, several 100 pips, retail traders can't do
	613	+|612 |01:50:42,510 ~-~-> 01:50:49,680 |that. So that's the elephant putting his foot in the water. And when price comes back down, okay, it gets back in the same area, we can reasonably expect to see
	614	+|613 |01:50:49,680 ~-~-> 01:50:57,480 |to do what we expect it to rally. And when it rallies up and breaks these highs, we know that they are really putting an effort to keep this thing going moving
	615	+|614 |01:50:57,480 ~-~-> 01:51:08,430 |higher. Now watch, we're gonna take a huge leap forward. Okay. This area here, because we use this first candle, it's the bearish candle. Okay, prior to the
	616	+|615 |01:51:08,430 ~-~-> 01:51:20,730 |first rally. If we took this down to a lower timeframe, what do you think this is going to be? It's going to be a market structure or a market flow or order
	617	+|616 |01:51:20,730 ~-~-> 01:51:32,400 |flow reference point where if it breaks to the higher side, we would expect to see what bullish prices, okay. But also it's during down candles, okay, or down
	618	+|617 |01:51:32,400 ~-~-> 01:51:35,640 |moves is when the Smart Money accumulates positions.
	619	+|618 |01:51:37,410 ~-~-> 01:51:49,410 |Let me say that one more time, because it went right over your head, I'm sure. Smart Money or professional traders do their buying one down moves. They do not
	620	+|619 |01:51:49,530 ~-~-> 01:52:04,560 |chase price. They buy it when it's going down. Okay. When the market strong harms or stroke. Smart Money traders want to sell they sell when the markets
	621	+|620 |01:52:04,560 ~-~-> 01:52:13,440 |rallying up, they don't sell it when it's dropping down. Okay, so have that in your little notebook, you want to be doing the same thing, which is one of the
	622	+|621 |01:52:13,440 ~-~-> 01:52:23,190 |strongest components that makes up my trading because I'm a buyer when the markets moving lower. If you were watching this series of two days here, on an
	623	+|622 |01:52:23,190 ~-~-> 01:52:29,670 |intraday basis, this probably looked like this was like a bat out of hell. Okay, screaming lower and it's probably going to keep on trading lower and lower and
	624	+|623 |01:52:29,670 ~-~-> 01:52:42,000 |lower. You have to understand on this higher timeframe daily chart what was taking place. See this whole area here we blocked out we have two areas of where
	625	+|624 |01:52:42,030 ~-~-> 01:52:53,760 |they have created two large institutional order blocks. I'm going to show you the second one that took place. See the rally that took off here. The bearish
	626	+|625 |01:52:53,760 ~-~-> 01:53:04,260 |candle right before it taken off, is where you would have your expectancy of market structure shifting on The Voice I've written here. Okay, now as price
	627	+|626 |01:53:04,260 ~-~-> 01:53:15,960 |rallies off this low here, okay. And again, I think this is a consolidation in here. So with this consolidation, there's opportunity being bred okay. And as
	628	+|627 |01:53:15,960 ~-~-> 01:53:28,080 |the market moves higher, okay, it moves up in a rally and again you can day trade in these moves following against as a daily chart. So, moving within this
	629	+|628 |01:53:28,110 ~-~-> 01:53:42,420 |price swing, we can reasonably expect you intraday trading opportunities, which is beyond the scope of this teaching again, but as price moves up, it makes us
	630	+|629 |01:53:42,420 ~-~-> 01:53:57,630 |price swing here starts to retrace back in we have to order block areas that may be utilized as retracement opportunities. Okay, you have this one here with this
	631	+|630 |01:53:58,590 ~-~-> 01:54:08,880 |candle here, which is the first down candle prior to the rally up in here. Okay, so above this high here would be the indication of a market structure shift on a
	632	+|631 |01:54:08,880 ~-~-> 01:54:18,180 |lower timeframe. So when it breaks above that, if it comes back down to that same point of origin, this will be a likely candidate for a buy. Now what I want
	633	+|632 |01:54:18,180 ~-~-> 01:54:29,880 |to draw your attention to here is the fact that we didn't get lower than these lows here really doesn't negate the validity of this potential area. It just
	634	+|633 |01:54:29,880 ~-~-> 01:54:39,900 |means that they had enough of their orders established in this area here on this front and prior to this candle, making this here. Now what's this down move
	635	+|634 |01:54:39,900 ~-~-> 01:54:49,770 |here? All these candles moving up, breaking the swing high here. Okay, this is the first down candle, the high above this candle here. When it broke here,
	636	+|635 |01:54:49,800 ~-~-> 01:54:58,740 |market structure on the lower timeframes was bullish. Okay. So when we see that price comes right back down, gets into the same order block here now went a
	637	+|636 |01:54:58,740 ~-~-> 01:55:10,440 |little bit lower again. But if we extend this in time, I'm going to illustrate what it is specifically that's going on at an institutional level that you need
	638	+|637 |01:55:10,440 ~-~-> 01:55:24,000 |to be aware of to help you with your trading. And I'm going to take these lines off because they no longer are serving on purpose. Okay, so price comes down
	639	+|638 |01:55:24,030 ~-~-> 01:55:35,700 |again, remember these these days here we're talking about earlier, if you as price ran up, here, we were in that bullish environment where the averages were
	640	+|639 |01:55:35,700 ~-~-> 01:55:45,990 |indicating that we're likely to see upward pressure. When price came down like this, we can sit back and wait for price to enter back into an area of potential
	641	+|640 |01:55:47,340 ~-~-> 01:55:58,890 |institutional order. So when we have price moving back into that, this is where we start understanding the mechanics behind the ICT optimal trade entry pattern.
	642	+|641 |01:55:59,670 ~-~-> 01:56:15,000 |And let's take a look at that now. We have the swing here from this low, up to this range high here. Okay, so we have the low here and the high here, price
	643	+|642 |01:56:15,000 ~-~-> 01:56:25,410 |comes down and slams right into that 70.5 level or sweet spot like I like to call it, it means you could be buying anywhere around that 130 big figure not
	644	+|643 |01:56:25,440 ~-~-> 01:56:35,220 |factoring in the spread, obviously about three pips is the best is a safe bet. In this case, 130 oh six or 130 oh five is a good number that you try to get
	645	+|644 |01:56:35,220 ~-~-> 01:56:37,680 |along in the
	646	+|645 |01:56:40,110 ~-~-> 01:56:51,690 |below prior to that this swing low here would be a possible scenario to had you were expecting this candle here. If it dipped down lower, we could have caught
	647	+|646 |01:56:51,690 ~-~-> 01:56:59,910 |260 2% there. Okay, so I get a lot of questions as to why I move my fib to certain swings and such. And now you're understanding really the mechanics
	648	+|647 |01:56:59,910 ~-~-> 01:57:12,930 |behind it all. So let's look at the optimal trade entry a little bit closer and understand some, some central tenants to it and what's specifically, that
	649	+|648 |01:57:12,930 ~-~-> 01:57:27,510 |pattern really capitalizes on when we have a market take out a swing high like this. Okay, we have institutional sponsorship that takes the market above. Okay,
	650	+|649 |01:57:27,510 ~-~-> 01:57:39,870 |and when it returns back into an area of previous consolidation, we expect that to reposition or assume more Long's. Okay. So I was there paring orders in here,
	651	+|650 |01:57:40,050 ~-~-> 01:57:48,960 |they're allowing the market participants, okay to see this quick drop down. Okay. And that's one of the things I find kind of interesting when, when the
	652	+|651 |01:57:48,960 ~-~-> 01:57:59,550 |markets are predisposed to go higher. They had these really one or two quick down dynamic days, okay, and kind of gets you all flustered and thinking, you
	653	+|652 |01:57:59,550 ~-~-> 01:58:07,800 |know, hey, look, this mark is probably going to go lower in it. If you're really sensitive to the lower timeframes, like, you know, one 515 minutes, or even less
	654	+|653 |01:58:07,800 ~-~-> 01:58:20,100 |than hourly in any capacity, it's very easy to swing your daily bias based on that. And if you learn to start looking at these daily and four hour charts, it
	655	+|654 |01:58:20,100 ~-~-> 01:58:30,960 |helps you hold on to a longer term perspective. And you are less likely to be lulled into swinging back and forth on a daily basis, your daily basis, being
	656	+|655 |01:58:30,960 ~-~-> 01:58:40,500 |bullish one day, embarrass the next, you can see really when when these moves, really take off a deer several days that they move, okay, they have a retrace
	657	+|656 |01:58:40,500 ~-~-> 01:58:50,850 |and they are several days where it moves, then you retrace, then there's really dynamic several days on the upside, once it really starts to move out. When you
	658	+|657 |01:58:50,850 ~-~-> 01:59:01,710 |find that it's fulfilled its order block, again, you'll see that there's many times very little time for you to catch the the entry point. So you got to know
	659	+|658 |01:59:01,710 ~-~-> 01:59:11,580 |these things in advance. And that's why reacting to a price is not really the best case scenario. But as price moved down into this range here, okay, you can
	660	+|659 |01:59:11,580 ~-~-> 01:59:24,030 |actually see in this smaller consolidation, guy, see this right here. So area over here, let's use this rectangle to highlight that. And what we'll do is
	661	+|660 |01:59:24,030 ~-~-> 01:59:37,680 |we'll actually go down into a smaller timeframe for our chart, and we'll study that little consolidation as well. So we're going to assume for a moment that
	662	+|661 |01:59:37,680 ~-~-> 01:59:50,400 |you were not privy to know in this order block or institutional or area here, okay, and as we moved into a consolidation in here, okay, what we'll do is is
	663	+|662 |01:59:50,400 ~-~-> 02:00:04,890 |we're going to drop down into a four hour. Okay, and you're going to see that same underlying pattern. We have a swing high in here, which is broken. Okay.
	664	+|663 |02:00:05,700 ~-~-> 02:00:18,450 |I'm going to recap the pattern what you're looking for this is how Institute institutional trading can be mimicked. Okay, you have an area of potential
	665	+|664 |02:00:18,450 ~-~-> 02:00:28,590 |support, which we've already identified on the daily chart. Market ran up to swing high came back and retrace. Now you can trade this with a pure
	666	+|665 |02:00:28,590 ~-~-> 02:00:36,360 |understanding that's a support level. And this could be your retracement here. Okay. Now, again, that's a four hour basis, you could you could do that. And the
	667	+|666 |02:00:36,360 ~-~-> 02:00:51,570 |reason why is because you're using the same underlying premise that prior to this move up the first down candle prior to it, which is here, if price returns
	668	+|667 |02:00:51,570 ~-~-> 02:01:07,170 |back to that range, as it does here. Okay, and I'll drop a fib on as you can see the mechanics behind it. Okay, you can see the 79 cent tracing level stops it
	669	+|668 |02:01:07,170 ~-~-> 02:01:10,590 |dead to rights boom, right there. Okay, and then price rallies up.
	670	+|669 |02:01:11,310 ~-~-> 02:01:21,780 |In here, when we have this break here on a four hour, this is much more dynamic, when you see this take place. Okay, put this in your notepad. If you see the
	671	+|670 |02:01:21,780 ~-~-> 02:01:31,410 |overall pattern on a four hour chart break like this, and your overall bullish still, on the higher timeframe daily, man get ready because it's going to have a
	672	+|671 |02:01:31,410 ~-~-> 02:01:41,100 |dynamic price surge higher. Once we have a return back to the point of origin, the point of origin is what we discussed right here. And then when price moved
	673	+|672 |02:01:41,100 ~-~-> 02:01:58,800 |up here, again, the first candle that's down prior to the rally up. Once price, rallies up, away in breaks to the swing high, like we just discussed right here.
	674	+|673 |02:02:00,450 ~-~-> 02:02:09,390 |We have this rally up, we wait. And when price returns back to this point of origin right in here, okay? This is where they dip back into that order block.
	675	+|674 |02:02:09,540 ~-~-> 02:02:19,050 |Okay, so they had their orders here, they came back, they want to get an average fill around here that 130 20, maybe 130 30 level, if you look over here, you can
	676	+|675 |02:02:19,050 ~-~-> 02:02:30,210 |see that's the case, price comes down dips back into that order block again, okay, they spend about a day or so in there, acquiring more long positions.
	677	+|676 |02:02:30,660 ~-~-> 02:02:40,200 |Okay, now what we'll do is is we're going to use this swing low here, up to the high here, okay, using that same range. And you can see the 79 cent tracing
	678	+|677 |02:02:40,200 ~-~-> 02:02:50,340 |level right in here is containing the body to the candle. And there's only been two little wicks, okay, we're talking about maybe three pips that have violated
	679	+|678 |02:02:50,340 ~-~-> 02:03:01,710 |the silent treatment level. So if you're using just a 10 PIP stop below this low here, and I don't want to get into stop loss plate placement yet, but I just
	680	+|679 |02:03:01,710 ~-~-> 02:03:08,520 |want to give you a little hint as to what's going on if you were, you're buying in here the seven likes on tracing level and modes, the fair and say you're
	681	+|680 |02:03:08,520 ~-~-> 02:03:23,160 |buying at the 70 and 70.5. At the low, here's 37 pips, and your stop to be 10 pips below that would be at 130 oh four, okay, and that means you'd be risking,
	682	+|681 |02:03:23,430 ~-~-> 02:03:32,700 |if you're trading just on the four hour basis, you'd have to have a stop of 47 pips. And that's still very close to what my average standard 30 PIP stop loss
	683	+|682 |02:03:32,700 ~-~-> 02:03:41,550 |is. So you can see how by understanding this, we've already trimmed down a huge amount of the risk on a four hour time frame, not to mention what we could do,
	684	+|683 |02:03:41,550 ~-~-> 02:03:50,310 |we drop down to an hourly basis and or 15 minute basis, which we'll do in a few moments, but just stuff for the moment. Let's just look at this again, in
	685	+|684 |02:03:50,310 ~-~-> 02:04:01,740 |greater detail. price moves down into this order block priced based on this candle here, you see it does not really get down here and stack very
	686	+|685 |02:04:01,740 ~-~-> 02:04:11,550 |aggressively. This holds the sunlight saturation level as we just noted earlier. So once price does this and accumulates whatever it is that institutional
	687	+|686 |02:04:11,850 ~-~-> 02:04:19,290 |traders are trying to acquire. I don't have the insight as to what it is specifically, they're trying to acquire how much of the position they're
	688	+|687 |02:04:19,290 ~-~-> 02:04:27,720 |assuming I just understand the footprint that they leave in the marketplace and when that takes place, okay, we know that it's most likely going to have an
	689	+|688 |02:04:27,750 ~-~-> 02:04:35,520 |aggressive move up, okay, because we had the first run up here and then a four hour market structure break here. And then you wait for to come back. Where's it
	690	+|689 |02:04:35,520 ~-~-> 02:04:44,490 |going to come back to this is your point of origin right here. Okay. And it could very well easily come back into this one as well and create more or less
	691	+|690 |02:04:44,490 ~-~-> 02:04:53,550 |like a double bottom. It really does that. And the reason why is because once it goes down, it doesn't want to usually come down much lower than that because
	692	+|691 |02:04:53,550 ~-~-> 02:05:04,740 |other institutional traders may get on board and drive much lower than that and and throw off their their targeted average entry price. So as they moved up here
	693	+|692 |02:05:04,740 ~-~-> 02:05:12,900 |you can see you can literally can see it as a buying opportunity here, they acquire Okay, it starts to move too much. So to settle down, relax, let price
	694	+|693 |02:05:12,900 ~-~-> 02:05:20,790 |come back down again, dips back into this little area here. Okay, they buy more of it and it rallies up. You can see there's much more aggressive buying
	695	+|694 |02:05:20,790 ~-~-> 02:05:30,270 |pressure on this candle here because it took three four hour candles to make this range here. And then one four hour basis. Boom, they took it off here. Then
	696	+|695 |02:05:30,270 ~-~-> 02:05:39,480 |come back retraced, retrace retrace, where's the retracement to the point of origin right here. And then all of a sudden their remaining block of trades that
	697	+|696 |02:05:39,480 ~-~-> 02:05:49,860 |they want to assume for a long position was acquired here and then they're off to the races. Now just trading back to an old high like this. Let's note that
	698	+|697 |02:05:50,280 ~-~-> 02:06:04,590 |and you can see okay, looking for upward targets as like that we're going to use this one first as a as an objective as an example rs 270 pips late your feet.
	699	+|698 |02:06:05,730 ~-~-> 02:06:10,950 |And this one here. Again, we're going to assume you traded at
	700	+|699 |02:06:13,530 ~-~-> 02:06:24,030 |around the around the sweet spot again, there's 240 pips. So you really would you be willing to risk roughly 50 pips just trading on a four hour basis, risk
	701	+|700 |02:06:24,030 ~-~-> 02:06:36,630 |50 pips to make 240 pips just sounds like a good reward the risk. I'll leave that up for you to decide. But as price moved up, you can see it easily, quite
	702	+|701 |02:06:36,630 ~-~-> 02:06:49,320 |easily hit this objective, and it moved on beyond that as well. So with this example here, you can see how just simply waiting for these scenarios, the set
	703	+|702 |02:06:49,320 ~-~-> 02:06:58,080 |up, you can trade really a good number of pairs if you're trading on a higher timeframe basis, I guess because, number one, think about how much time it takes
	704	+|703 |02:06:58,080 ~-~-> 02:07:09,750 |to set these trades up, it takes a good bit of time. Also, it gives you a an area where to anticipate and hunt these specific patterns. Okay, so it allows
	705	+|704 |02:07:09,750 ~-~-> 02:07:18,810 |you to the freedom to sit on your hands and wait and not feel rushed to get in there and just take a trade simply because it's something to do. Now what we're
	706	+|705 |02:07:18,810 ~-~-> 02:07:32,190 |gonna do is we're going to actually drill in tighter. Okay, and what I'm doing is I'm actually moving into this little pocket of price action. Okay, so this
	707	+|706 |02:07:32,190 ~-~-> 02:07:49,170 |fractal here, we're going to look at in regards to a 15 minute x go down to one hour basis and see what that does first. Okay, now you can see price rallies up
	708	+|707 |02:07:49,170 ~-~-> 02:08:03,060 |out of here. And right in here, you can actually see how we're actually starting to fine tune. Here's the bears candle, the first one right before you go to the
	709	+|708 |02:08:03,450 ~-~-> 02:08:16,710 |move up. So if you bracket that out. Okay, you can see that's the the order block in here. Now, again, it's anywhere in here specifically. Okay. But what I
	710	+|709 |02:08:16,710 ~-~-> 02:08:29,460 |like to see is like a Fibonacci level and or pivot level in this area that suggest where price may be going. Also, I like round numbers. And in this case,
	711	+|710 |02:08:29,460 ~-~-> 02:08:39,780 |the 130 40 level is really ideal. And you can see that's also roughly the same price point this swing high is now also around our what we talked about when we
	712	+|711 |02:08:39,780 ~-~-> 02:08:50,550 |look at swing highs, we'd like to look at the three bar pattern. Okay, here's the here's the highest candle in this pattern, then the right candle to the
	713	+|712 |02:08:50,550 ~-~-> 02:09:01,260 |right of it with the lower high. It's opening close and higher lows important to open high low and close on the high candle, or the highest most of the three bar
	714	+|713 |02:09:01,260 ~-~-> 02:09:09,390 |pattern on the swing high pattern. And then this high here, the open high, low and close as well. So when we when we fact that those individual price levels,
	715	+|714 |02:09:09,660 ~-~-> 02:09:17,910 |you can actually take that out and extend it across in terms of like horizontal lines, and really specifically wait for price to move down to those levels. On a
	716	+|715 |02:09:17,940 ~-~-> 02:09:28,200 |one. I'm sorry, I want to five minute or 15 minute basis and really fine tune your entry in regards to what may be possible for trimming down to stop loss
	717	+|716 |02:09:28,200 ~-~-> 02:09:36,000 |orders. So now what we're going to do is is going to take the same price level here, okay, and I'm going to look at
	718	+|717 |02:09:41,520 ~-~-> 02:10:15,060 |this small little section in price or here and I make sure I'm not getting more than I want okay, right in here. What I'm looking for right there. Again, that's
	719	+|718 |02:10:15,090 ~-~-> 02:10:29,160 |January 9, we're going to drop down to a 15 minute timeframe. Okay, and now watch. We have price action, okay in here moving up on a very short term basis,
	720	+|719 |02:10:29,670 ~-~-> 02:10:47,460 |okay, and comes back down to this candle here that your point of origin, where the rally ensues are going here. move that out in time. Right in here, price
	721	+|720 |02:10:47,460 ~-~-> 02:11:06,030 |comes back down into it. And then runza Okay, same thing here. Okay, we have this rally here. Here's the candle prior to the rally up, that's bearish. And if
	722	+|721 |02:11:06,030 ~-~-> 02:11:22,830 |you take that area here, you can see it enters that order block again, right here. And again, if you run your fibs on that, okay, you can get the
	723	+|722 |02:11:22,830 ~-~-> 02:11:33,150 |opportunities where you can take your intraday trades, and get in sync with the higher timeframe trades as well. But assuming that you took that as your entry
	724	+|723 |02:11:33,150 ~-~-> 02:11:47,730 |point, based on the hard timeframe trade, okay, you could trade this here. Okay, we get in at 130. Let's see what is that price is 130 45. Let's say 130 40,
	725	+|724 |02:11:47,730 ~-~-> 02:12:00,780 |sevens fair. And you're using a 10 PIP stop below here. Actually, crunches up just a little bit, so you can see where the stop loss would be. And you can trim
	726	+|725 |02:12:00,780 ~-~-> 02:12:12,780 |back that risk. Again, assuming you're getting long on a limit at 130 47. And we're going to use this low here as your primary reference point for stock
	727	+|726 |02:12:12,780 ~-~-> 02:12:26,130 |location. If you go down 10 pips below that your or your stop loss order will be at 130 27. Okay, and what we'll do is we're gonna put that in here 130 27, and
	728	+|727 |02:12:27,630 ~-~-> 02:12:39,360 |price comes down, but never comes close to it. Okay, I mean, scrunch it down. So you can get yourself positioned here. Okay, and again, this is a 15 minute
	729	+|728 |02:12:39,360 ~-~-> 02:12:50,430 |charts here, waiting for these positions to unwind. This year, remember, we're looking at a four hour and daily timeframe setup, so you're not trading on a 15
	730	+|729 |02:12:50,430 ~-~-> 02:12:58,350 |minute basis. So when you start seeing these wiggles lower, where's your stop loss down here, so you just simply let it do its thing and price rallies on up
	731	+|730 |02:12:58,980 ~-~-> 02:13:12,210 |and you get excited and everything's, you know, as you'd hoped it would be great you can see the point of entry back here, and then the ultimate unwinding of
	732	+|731 |02:13:12,210 ~-~-> 02:13:29,730 |that position here let's take a look at another example. And we see this price rally up off of a daily chart key support level down here. And I want to draw
	733	+|732 |02:13:29,730 ~-~-> 02:13:43,890 |your attention to in here is obviously this quick rally up and then a bull flag formation here. We have this level in here if you were following any of my
	734	+|733 |02:13:43,980 ~-~-> 02:13:58,470 |market reviews, we talked about this level being a possible area of support and prior to the move out, okay, we had a couple different areas that could have
	735	+|734 |02:13:59,430 ~-~-> 02:14:16,860 |meant to probable areas of support and institutional dealing ranges where where blocks may reside for the institutional level trading and that comes in the form
	736	+|735 |02:14:17,040 ~-~-> 02:14:21,180 |here we have this candle here prior to move up
	737	+|736 |02:14:30,210 ~-~-> 02:14:49,110 |okay, is it no where's this move higher and this candle here okay. And you see that's the the first bearish candle prior to the move higher first bearish
	738	+|737 |02:14:49,110 ~-~-> 02:15:02,100 |candle prior to move higher. And we see also you know, this likely support and resistance that will based on this me term I on the daily chart, we did get an
	739	+|738 |02:15:02,100 ~-~-> 02:15:16,830 |opportunity to see a bounce here. Okay, and that's seen with this move here. This was the bearish candle prior to its rally up. So if you take the range in
	740	+|739 |02:15:16,830 ~-~-> 02:15:30,630 |here, you can see how this retracement would have been a very decent handsome opportunity to to get along on. Price came back down to that same institutional
	741	+|740 |02:15:30,810 ~-~-> 02:15:42,330 |order block in here and rallied up higher and eventually started to break down. Okay. And let's take a look at what's transpired here, we lost this level here
	742	+|741 |02:15:42,330 ~-~-> 02:15:52,590 |we tried it started trading lower. Okay, and this would be the next area to expect some support. Okay, and you can see price trades right down into that
	743	+|742 |02:15:52,710 ~-~-> 02:16:02,820 |right there. Okay, now what I'm gonna do is I'm just going to take a horizontal level, draw it across the chart like that. Okay, and when you see this, this is
	744	+|743 |02:16:02,820 ~-~-> 02:16:17,910 |an area, where do you reasonably expect prices to bounce. If you notice also, the low here to this high, this is your your price swing, you see that? Okay,
	745	+|744 |02:16:17,910 ~-~-> 02:16:28,410 |we're retracing inside that price swing. So if you take the range, and highlight that with your Fibonacci tool, you can see the sweet spot lays directly right on
	746	+|745 |02:16:28,410 ~-~-> 02:16:46,890 |top of that same point of origin right in here. Price does not move much lower than that, again, this is a daily chart and price rallies on price rallies on so
	747	+|746 |02:16:46,890 ~-~-> 02:16:56,400 |you can see that there's a definite advantage and knowing where the institutional level trading is going to come in to the marketplace. And by
	748	+|747 |02:16:56,400 ~-~-> 02:17:04,140 |having an understanding of where that's going to take place, you can also expect it on a time basis with the kill zones. Okay, so we have an understanding of
	749	+|748 |02:17:04,140 ~-~-> 02:17:15,720 |support resistance, we have an understanding of the time of day, we understand where the big moves should ensue, and where to more or less, wait for them to
	750	+|749 |02:17:16,590 ~-~-> 02:17:38,970 |take place in form based on a higher timeframe charts. If we look at the market on a shorter timeframe, okay, and we're going to apply our tools we learned for
	751	+|750 |02:17:38,970 ~-~-> 02:17:39,300 |the
	752	+|751 |02:17:48,869 ~-~-> 02:17:53,459 |directional bias. Okay, and
	753	+|752 |02:18:01,020 ~-~-> 02:18:17,970 |18 period. Okay, and what we're gonna do is we're gonna look at a time frame when price was moving up in here, okay, and I'm going to highlight that with a
	754	+|753 |02:18:17,970 ~-~-> 02:18:31,470 |little rectangle in here. And what that's going to help me do is show you how to use this for trade entry. And we're going to do is we're going to break down to
	755	+|754 |02:18:31,500 ~-~-> 02:18:44,160 |a 15 minute timeframe to do that. Okay, what I did was zoom down into a 15 minute timeframe, and I added the Asian range for each daily intraday action.
	756	+|755 |02:18:46,200 ~-~-> 02:18:54,570 |And I'm going to draw your attention to here is, as market moves into, this is a Monday guys, it's very hard to see here, but this is a double line, delineating
	757	+|756 |02:18:54,570 ~-~-> 02:19:08,640 |at Sunday. Okay, I'm just gonna scroll through. And here is a Monday and going into Tuesday. Here's Tuesday's trading here. Okay. Now, looking at this, you can
	758	+|757 |02:19:08,640 ~-~-> 02:19:25,440 |see how price moved up here and created a range here. See this down candle prior to the move up? Okay, we had this rally up here. If you take your fib, you pull
	759	+|758 |02:19:25,440 ~-~-> 02:19:28,740 |it from swing low here, up to this range high.
	760	+|759 |02:19:33,750 ~-~-> 02:19:43,680 |Price comes down to the 62% retracement level. And this is nine GMT. This is the London open. Okay. So there's an opportunity where being long again, and now
	761	+|760 |02:19:43,680 ~-~-> 02:19:52,590 |with the background being blue like this, again, what that's highlighting is a time period when on a daily basis. We have a nine period exponential moving
	762	+|761 |02:19:52,590 ~-~-> 02:20:01,170 |average above the 18 period. So we have institutional momentum on the upward side of the market and the words we're looking for. Just by The framework is
	763	+|762 |02:20:01,170 ~-~-> 02:20:09,780 |established as a bullish scenario. So we would be looking for opportunities to be a buyer here. And that's one example here using what we just discussed with
	764	+|763 |02:20:10,050 ~-~-> 02:20:28,320 |point of origin here. And when price rallies up and trades back down into it, we see price move up into its high for the day, and then we have another right
	765	+|764 |02:20:28,320 ~-~-> 02:20:50,310 |here. Okay, we have this range here, and trades down. We're going to use this is the first down, bearish candle prior to the move higher. So we're going to use
	766	+|765 |02:20:50,310 ~-~-> 02:21:10,710 |that as its basis. Okay, get in here. And we have this candle here, prior to this move up, so we could use that one as well. What you're looking for is clear
	767	+|766 |02:21:10,740 ~-~-> 02:21:22,620 |points of where price moves with conviction. Okay, where it's really clearly trying to move away, you have it here. Okay, and you have it here is against the
	768	+|767 |02:21:22,620 ~-~-> 02:21:36,090 |15 minute time frame. And then price makes its price swing and trades lower. This candle on the very low here is 1515 GMT. So that's like, like 15 minutes
	769	+|768 |02:21:36,090 ~-~-> 02:21:54,840 |past the the kill zone that this was established for this training trading series. This here is 15 GMT. And this is 1445 GMT. So this is still capable
	770	+|769 |02:21:55,140 ~-~-> 02:22:03,030 |trade setup for the New York open session light late for New York. But still, nonetheless, it's something you can take a trade on.
	771	+|770 |02:22:09,600 ~-~-> 02:22:28,440 |Let's go out one. Here, we have just a market structure alone here, this is nice, we have a low, a lower low to have them in here, then a higher low here.
	772	+|771 |02:22:28,440 ~-~-> 02:22:38,070 |So we have an intermediate term low just in market structure alone. So that's that's bullish by itself. Without anything else added to it. That's That's very
	773	+|772 |02:22:38,070 ~-~-> 02:22:47,190 |good. And we have price rally up away here. This is our first bullish candle prior to the move up.
	774	+|773 |02:22:57,810 ~-~-> 02:23:14,670 |Okay, you can see how arise up, this is your range. But your fib on that range. Right in here. This candle Here comes in at nine GMT. This candle here is 930
	775	+|774 |02:23:14,670 ~-~-> 02:23:19,320 |GMT, that's London open. Okay, we also have
	776	+|775 |02:23:26,040 ~-~-> 02:23:36,150 |this rally here, and then it comes right back into here's the first bearish candle prior to the move up. So this is where the market structure would shift.
	777	+|776 |02:23:36,900 ~-~-> 02:23:48,750 |Okay, and without having to draw a line, you can see we moved back into that range right here, here is the smaller reference point, here's where you would be
	778	+|777 |02:23:48,750 ~-~-> 02:24:03,930 |buying. And again 10 PIP risk below here. Let's give you an idea what that will look like in terms of again, we're going to say we bought at the 70.5 level at
	779	+|778 |02:24:04,020 ~-~-> 02:24:22,440 |130 107. Here's the low and if we go down 10 pips below that your stock would be at 130 86. Okay, so approximately a 30 PIP stop well within the range of
	780	+|779 |02:24:23,130 ~-~-> 02:24:32,670 |probable in trading back to an old high, you could take profits here, take profits here, or just look forward to continue moving on, on a higher basis.
	781	+|780 |02:24:36,660 ~-~-> 02:24:50,520 |Drag see price moving up here. Now, just let's zoom in here. And I want you to see using the ideas that we just covered, okay, look at every time when the
	782	+|781 |02:24:50,520 ~-~-> 02:25:02,070 |market moves up, breaks a swing high. Okay, then comes back down and comes right back into that previous point of origin or This is where the move starts and
	783	+|782 |02:25:02,070 ~-~-> 02:25:10,530 |trades right back into it. This is what you pull your fib on. Okay, I get a lot of questions, you know, where, what am I looking for? Why do I put my fib?
	784	+|783 |02:25:10,530 ~-~-> 02:25:17,400 |Where? Why would I use those those reference points like you do on your videos? Well, if you go back over all of the videos, you'll see me doing it, you'll see
	785	+|784 |02:25:17,400 ~-~-> 02:25:31,440 |me doing this very thing. Okay, and here we go. We have price moving up here. Okay, this is a Monday's trading. We have the first bearish candle prior to the
	786	+|785 |02:25:31,440 ~-~-> 02:25:50,130 |move going up. Okay, take your range. gentleman over here. Okay, when you see that here, this this candle forms at 630 GMT, at 630 GMT, that's about a half
	787	+|786 |02:25:50,130 ~-~-> 02:26:08,430 |hour before the very, very beginning of what I like to see, in terms of the, the the meat of London starting, you can see how it comes right down to that sweet
	788	+|787 |02:26:08,430 ~-~-> 02:26:20,220 |spot in here. Okay, and also note, shark, I probably should have said this, I'm jumping ahead of myself. When you're looking to the buyer, you want to be doing
	789	+|788 |02:26:20,220 ~-~-> 02:26:29,010 |what we mentioned earlier in a previous video, using the Asian range high as your filters and what you want to be buying. Definitely anything below this
	790	+|789 |02:26:29,550 ~-~-> 02:26:44,460 |level. Okay, this is the ideal position, entry point. Again, here we have the Asian range high. This is below the Asian range low sets even better. Okay. Here
	791	+|790 |02:26:44,460 ~-~-> 02:26:57,900 |is the New York session. Bye. And again, here's the bearish candle prior to the move up, okay, and if you look over here, you can see we move right back into
	792	+|791 |02:26:57,900 ~-~-> 02:27:11,340 |that point of origin. Okay, so they moved right back into that, that dealing range and order block. If you use the low in here, up to here, you can see how
	793	+|792 |02:27:11,340 ~-~-> 02:27:21,870 |he went right down to 797 tracing level. And rather handsomely. Even if you used the low formed in London, you're still getting almost a sweet spot here. But
	794	+|793 |02:27:21,870 ~-~-> 02:27:32,850 |certainly this 62% retracement level, and getting in sync with the daily trend, you can see how that's rather handsome in terms of a trade opportunity. Okay,
	795	+|794 |02:27:32,910 ~-~-> 02:27:45,870 |and, again, we have this point here where we have a new york session low. Remember, we're looking at session highs and lows, not just the previous day's
	796	+|795 |02:27:45,870 ~-~-> 02:27:56,760 |highs and lows. And here is your bearish candle prior to the rally out. So you're gonna see market structure shift on this candle. draw that out in time.
	797	+|796 |02:28:00,210 ~-~-> 02:28:09,270 |Okay, because this is at the point of origin, where this rally took place. So the range that was created here, originated right here on this bearish candle.
	798	+|797 |02:28:09,300 ~-~-> 02:28:18,210 |So when the market structure broke here, this is where the order block resides. Okay, within this candle, this is where the on the institutional order block
	799	+|798 |02:28:18,210 ~-~-> 02:28:27,930 |resides. In case someone market meanders and trades lower it was a good back into that same order block. And then they acquire more the original position
	800	+|799 |02:28:27,930 ~-~-> 02:28:38,280 |they were trying to acquire here that they couldn't get on because the market started to take off. And if you take that and you add that to your fifth Okay,
	801	+|800 |02:28:38,280 ~-~-> 02:28:46,710 |you can see how here's the center and saturation level deviated just a little bit and we're going to give you actually how much it moved below it. Give you an
	802	+|801 |02:28:46,710 ~-~-> 02:28:58,560 |idea how much and we're talking about six pips, I think that's livable guys, you guys can certainly tolerate that. If you were to use the lower low here, you
	803	+|802 |02:28:58,560 ~-~-> 02:29:09,840 |still end up with the sweet spot. Okay, so you can see how using session lows and highs with a directional bias defined as we just covered in this video. It
	804	+|803 |02:29:09,840 ~-~-> 02:29:16,980 |really helps you ferret out opportunities and certainly being a buyer down here below the Asian range high. Okay, think of the daily range. Remember, we were
	805	+|804 |02:29:16,980 ~-~-> 02:29:27,030 |talking about the likelihood of big range days if we have the opening price in here, okay, it doesn't really work both sides of the opening price very much and
	806	+|805 |02:29:27,030 ~-~-> 02:29:36,900 |certainly doesn't work do the lower end, making the low very much and onwards. What do I mean by that? There's not much range on daily bar from the opening to
	807	+|806 |02:29:36,900 ~-~-> 02:29:52,650 |the low. Okay, and let's see what that does here. Okay, we're just gonna eyeball it. And we're talking about 27 pips. Okay 27 pips. So it worked lower 27 but
	808	+|807 |02:29:52,650 ~-~-> 02:30:02,820 |moved off of the lows for the day, to the tune of 76 pips. So it's basically three to one almost. Okay?
	809	+|808 |02:30:09,809 ~-~-> 02:30:27,089 |The reoccurring principle is simply looking for retracements in an uptrend okay so you're buying dips in an uptrend and if you look at here we go here is one
	810	+|809 |02:30:27,089 ~-~-> 02:30:46,469 |where it was not able to get down into that price point in here but using just the optimal trade entry you can see how we got a sweet spot here and I'm sure if
	811	+|810 |02:30:46,469 ~-~-> 02:30:57,389 |you pulled the pivots up which we're not going to do here because I'm trying to keep this video around three hours at maximum which is a lot by itself but
	812	+|811 |02:30:58,319 ~-~-> 02:31:11,849 |nonetheless it's you know, certainly certainly a long video and here's you see opportunity in here where you could have even intraday you know, price when it's
	813	+|812 |02:31:11,849 ~-~-> 02:31:23,429 |rallied up like this yours your first bearish candle went right down in that order block right here and then gave you a tradable rally. Okay, and let's look
	814	+|813 |02:31:23,429 ~-~-> 02:31:34,559 |at that range. It's 44 pips, so that's certainly something you can get 20 pips 2530 pips I love. Okay, and let's drop out one more.
	815	+|814 |02:31:40,890 ~-~-> 02:31:47,790 |Here's a nice double bottom where it comes right back down to this original order block prior to it rallying up.
	816	+|815 |02:32:03,180 ~-~-> 02:32:24,720 |market moves into consolidation here and really don't have anything that's really discernible. She may be sitting on your hands in here. Here's one that
	817	+|816 |02:32:24,720 ~-~-> 02:32:38,970 |was this was all right, you got this candle here, draw it out in time it moves right back into that same order block day moves higher. Again, all we're doing
	818	+|817 |02:32:38,970 ~-~-> 02:32:50,250 |is focusing on the buying not anything else, just simply looking for buying opportunities. Okay, we have prior to the move up, we have this bearish candle
	819	+|818 |02:32:50,250 ~-~-> 02:32:52,170 |here, draw that out in time.
	820	+|819 |02:32:57,240 ~-~-> 02:33:13,680 |Okay, and poor fib on the range. Here's a seven nights at chase on level one here dva, just a little bit below it. And this is where you would have
	821	+|820 |02:33:14,130 ~-~-> 02:33:22,980 |encountered a trade that would have been a losing trade. Okay, and it's fair for me to show you this because I don't want to just go through and appear to be
	822	+|821 |02:33:22,980 ~-~-> 02:33:29,610 |just cherry picking, looking at opportunities where it worked out favorably every single time, I don't want to log into thinking this is going to be
	823	+|822 |02:33:29,610 ~-~-> 02:33:33,570 |perfect, it's not going to give you any losses it certainly would have happened here.
	824	+|823 |02:33:42,330 ~-~-> 02:33:49,230 |Here's one where it moves deeper below and runs the stops on the Asian range low before running higher.
	825	+|824 |02:33:55,260 ~-~-> 02:34:12,210 |We have the same scenario here where the previous day's low which on this in this case is 14 GMT which is a session low New York session. Here's your low to
	826	+|825 |02:34:12,210 ~-~-> 02:34:23,820 |high the range price drops down into the 60 to almost the sweet spot returning back to this dealing range and institutional level point of origin where
	827	+|826 |02:34:23,820 ~-~-> 02:34:34,680 |everything when price drop lower, it allowed them to accumulate more of their long positions and then you sell the price move on up and profit released
	828	+|827 |02:34:34,680 ~-~-> 02:34:47,640 |portion of the trade unfolded. They have another little opportunity in here where price moves up. First bearish candle in here draw it out in time. This is
	829	+|828 |02:34:47,670 ~-~-> 02:35:02,940 |a return to the point of origin back into the order block here and price rallies up and this candle Here comes in at 1600 GMT. Nice little opportunity to be able
	830	+|829 |02:35:02,940 ~-~-> 02:35:22,980 |to catch a scalp intraday. And I'm only tossing this in about 40 pips or so in terms of PIP range. I'm adding these these intraday setups to show you how you
	831	+|830 |02:35:22,980 ~-~-> 02:35:35,460 |can use it to be a trader on an intraday basis or a scalper. But really, what you want to be focusing on is the ideal days of the week, which are Monday. I'm
	832	+|831 |02:35:35,460 ~-~-> 02:35:46,860 |sorry, you have Monday, Tuesday and Wednesday, being the higher low of the week. And again, because we're looking at this area price action, we're going to look
	833	+|832 |02:35:46,860 ~-~-> 02:35:58,350 |for, again, just the significant lows, the farm for the week one, let's go back and look at the beginning portion of that. And just for clarity, because I want
	834	+|833 |02:35:58,350 ~-~-> 02:36:18,840 |to be make sure that this is easy to see. I'm just going to change the color to a little lightly. There you go. It's a little bit easier to see. Here's Monday's
	835	+|834 |02:36:18,840 ~-~-> 02:36:28,440 |trading. And that's the low the week during the time when we're looking for buying opportunities only. Okay, so on Monday this week, we have the Monday
	836	+|835 |02:36:28,440 ~-~-> 02:36:39,420 |making the low. On this week here, the low the week is on Monday as well. Nice opportunity to be buying on Tuesday, even gives you an opportunity on Thursday,
	837	+|836 |02:36:39,720 ~-~-> 02:36:55,380 |which doesn't fit the model but still, everything working towards making a higher close on Friday is the general idea. We have a shift in market tone in
	838	+|837 |02:36:55,380 ~-~-> 02:37:05,910 |here where went lower and retraced much deeper. But there was certainly buying opportunities on Monday, Tuesday, and even on Wednesday and still catching some
	839	+|838 |02:37:06,120 ~-~-> 02:37:18,180 |opportunities to be a buyer. The loan this week comes in on Monday, very nice opportunity a buyer here as well. And you actually see this same result of years
	840	+|839 |02:37:18,180 ~-~-> 02:37:30,960 |of down candle prior to move up and it retraces back into that order block and as your optimal trade entry moving higher. And Tuesday opportunity a buyer
	841	+|840 |02:37:30,960 ~-~-> 02:37:42,270 |Wednesday nice opportunity a buyer Okay, those are those one one shot one kill type scenarios that you would be looking for, to not trade a whole lot but catch
	842	+|841 |02:37:42,270 ~-~-> 02:37:51,510 |very handsome pips and not not have to do a whole lot of work really. That low actually forms here on Thursday for this particular week. And again, I'm using
	843	+|842 |02:37:51,510 ~-~-> 02:38:03,300 |the double lines here delineating the marker of Sunday to Sunday. So actually, between those two is the intra week price action. Nice buying up changing here
	844	+|843 |02:38:03,300 ~-~-> 02:38:15,900 |on a Monday this week. Nice one on Tuesday. Okay, does retrace, trades lower than Monday's low. But again, still opportunities to be a buyer moving up rather
	845	+|844 |02:38:15,900 ~-~-> 02:38:30,870 |handsomely. And I move into an area where we no longer have the daily bias enforce where now we would be expecting to see lower prices come into effect.
	846	+|845 |02:38:30,870 ~-~-> 02:38:39,270 |And that's what you see here. And really, if you just reverse the scenario and look at everything, like we just did on the buy side, reversing it for the
	847	+|846 |02:38:39,270 ~-~-> 02:38:47,310 |downside, it's much in the same capacity, the same thing just reversed. Okay. And let's take a look at
	848	+|847 |02:38:50,280 ~-~-> 02:39:01,710 |the breakdown of what you're looking for with the support resistance notion and the time of day. And the optimal trade entry and what specifically sets up your
	849	+|848 |02:39:01,710 ~-~-> 02:39:05,100 |trade team to as high probability.
	850	+|849 |02:39:10,410 ~-~-> 02:39:21,060 |Okay, the ICT optimal trade entry pattern. The premise really builds upon the understanding of support resistance, and we're going to use this example here to
	851	+|850 |02:39:21,060 ~-~-> 02:39:35,190 |illustrate the example of an optimal trade entry that's used for a buy entry. And assuming that the support level has been arrived at and we have this support
	852	+|851 |02:39:35,190 ~-~-> 02:39:50,070 |level, which is ideally a higher level daily, four hour or one hour timeframe support line. This high here, okay, this swing high, breaking this previous high
	853	+|852 |02:39:50,460 ~-~-> 02:40:01,650 |is good. That's what you want to see. Okay. And then when you have price, break it again here you have another continent Manasa conviction. By the traders that
	854	+|853 |02:40:01,650 ~-~-> 02:40:14,880 |are in control of price, which are smart money, they are indicating to us that they are wanting to see this market, not trade lower. Okay. So if it's not going
	855	+|854 |02:40:14,880 ~-~-> 02:40:26,700 |to go lower, chances are it's probably going to go up and go up sharply. Now, if we see the star here, that's delineating a break in market structure, okay, on
	856	+|855 |02:40:26,700 ~-~-> 02:40:36,240 |both points, the previous little short term high that we just showed, and now when the price ran up aggressively through that, what we would be waiting for
	857	+|856 |02:40:36,240 ~-~-> 02:40:49,680 |his price to return back to the point of origin. That scene here, where price comes right back down into the first bearish candle prior to the rally, gave
	858	+|857 |02:40:49,680 ~-~-> 02:41:00,690 |breaking market structure here. So we now have a range from here to here. Okay. So we're looking for price really to stay above support, not necessarily trading
	859	+|858 |02:41:00,690 ~-~-> 02:41:10,680 |back down to that same price level. This is the swing that you should be identifying with your eye. This is what you train your eye to see. This
	860	+|859 |02:41:10,680 ~-~-> 02:41:23,880 |particular price swing is what's necessary for you to pull your fib on. By doing that, and again, noting where the market structure has shifted. When price moves
	861	+|860 |02:41:23,880 ~-~-> 02:41:35,880 |back down into this area here, it's between the 62 and 79 cent treatment level. The 17.5 level is what I deem the sweet spot. That's generally what I try to aim
	862	+|861 |02:41:35,880 ~-~-> 02:41:45,660 |at for my entry point, I may add the PIP spread from that point, or I'll use the 62% retracement level. And depending upon the type of PIP range between the two,
	863	+|862 |02:41:45,720 ~-~-> 02:41:55,950 |if it's not a whole lot, you know, I'll just simply use the 62 just to make sure I get the trade as long as it doesn't deviate my overall price parameters in
	864	+|863 |02:41:55,950 ~-~-> 02:42:09,270 |terms of allowing my stop loss order to be within my maximum risk per trade. And obviously, you can see the results of taking this type of pattern with the
	865	+|864 |02:42:09,270 ~-~-> 02:42:17,790 |understanding everything that we've talked about in this video series up to this point in that little gray. I mean sorry, in a little green box. Ideally, that
	866	+|865 |02:42:17,790 ~-~-> 02:42:29,340 |should be a kill zone, be it the London open or the New York session open. Okay? Those are the ideal trading scenarios for you to be finding trading
	867	+|866 |02:42:29,340 ~-~-> 02:42:37,440 |opportunities to get long in and again with the assumption that the nine day exponential moving average is above the 18 day and when you have that and also
	868	+|867 |02:42:38,280 ~-~-> 02:42:46,830 |order flow and market flow and market structure on that timeframe dealing for our or suggesting higher prices. It's all but a green light just to get in here
	869	+|868 |02:42:46,830 ~-~-> 02:42:49,920 |and start hunting, buying opportunities using disappointment.
4	4
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7		-circle trader scout sniper Field Guide
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11		-episode For now we're gonna be
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13		-4
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15		-discussing basic infantry In this
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19		-module, and what specifically we'll be
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23		-covering in this presentation, we're
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25		-7
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27		-gonna be looking at a review of the
28		-
29		-8
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31		-previous episode assignment, stalking in
32		-
33		-9
34		-00:01:14,100 ~-~-> 00:01:17,580
35		-the kill zone. We're gonna be looking at
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37		-10
38		-00:01:17,580 ~-~-> 00:01:20,190
39		-specific ICT skills are an examples
40		-
41		-11
42		-00:01:20,250 ~-~-> 00:01:23,400
43		-since the time of our last presentation.
44		-
45		-12
46		-00:01:23,580 ~-~-> 00:01:25,860
47		-It was released on the ninth of
48		-
49		-13
50		-00:01:25,860 ~-~-> 00:01:28,800
51		-September 2013. When we looking at some
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55		-examples from that point on to most
56		-
57		-15
58		-00:01:30,840 ~-~-> 00:01:34,980
59		-recently and we're gonna be looking at
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61		-16
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63		-directional bias and high probability
64		-
65		-17
66		-00:01:37,290 ~-~-> 00:01:41,130
67		-trade framework. We're going to be
68		-
69		-18
70		-00:01:41,130 ~-~-> 00:01:43,590
71		-revisiting the concept of why do markets
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73		-19
74		-00:01:43,590 ~-~-> 00:01:47,520
75		-move specifically dealing with the
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77		-20
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79		-players and the game and we're gonna be
80		-
81		-21
82		-00:01:50,550 ~-~-> 00:01:52,350
83		-looking at what makes trade setups
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85		-22
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87		-strategically quote unquote high
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91		-probability. recommend looking at ICT,
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94		-00:01:59,040 ~-~-> 00:02:01,410
95		-no brainer direction bias concepts.
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98		-00:02:02,550 ~-~-> 00:02:04,440
99		-We're gonna be returning to higher
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102		-00:02:04,440 ~-~-> 00:02:07,740
103		-timeframe analysis. We're gonna be
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106		-00:02:07,740 ~-~-> 00:02:11,220
107		-looking at high odds by framework. And
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111		-we're gonna be looking at high odds sell
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113		-29
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115		-framework. We're going to be looking at
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119		-market structure and order flow
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123		-conceptualized. We're gonna be
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127		-discussing and unveiling institutional
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129		-33
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131		-orders and smart money, fingerprints.
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134		-00:02:28,800 ~-~-> 00:02:29,880
135		-And we're gonna be looking at how
136		-
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138		-00:02:29,880 ~-~-> 00:02:33,900
139		-consolidations breed opportunity, and
140		-
141		-36
142		-00:02:33,900 ~-~-> 00:02:36,210
143		-what we look for and why it matters.
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145		-37
146		-00:02:36,300 ~-~-> 00:02:40,170
147		-Inside these consolidations. We're gonna
148		-
149		-38
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151		-be looking at institutional order
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154		-00:02:41,490 ~-~-> 00:02:44,760
155		-blocks. We're going to be looking at the
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159		-concept of institutional sponsorship and
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163		-what effects it has on your trading. And
164		-
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167		-we're gonna be looking at a premise, I
168		-
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171		-refer to as returning to the point of
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174		-00:02:56,040 ~-~-> 00:02:59,880
175		-origin, which is basically inside the
176		-
177		-45
178		-00:02:59,880 ~-~-> 00:03:02,760
179		-eye. optimal trade entry concept a like
180		-
181		-46
182		-00:03:02,760 ~-~-> 00:03:05,130
183		-a nuts and bolts presentation of why
184		-
185		-47
186		-00:03:05,130 ~-~-> 00:03:08,490
187		-it's so effective. And we're giving you
188		-
189		-48
190		-00:03:08,490 ~-~-> 00:03:10,830
191		-more homework. Yes. This time we'll be
192		-
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194		-00:03:10,830 ~-~-> 00:03:12,720
195		-tracking institutional price action.
196		-
197		-50
198		-00:03:13,590 ~-~-> 00:03:14,490
199		-Okay, so let's get going.
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202		-00:03:20,130 ~-~-> 00:03:22,050
203		-Okay, folks, we're looking at a daily
204		-
205		-52
206		-00:03:22,050 ~-~-> 00:03:24,930
207		-chart of the Euro USD. The last episode
208		-
209		-53
210		-00:03:24,960 ~-~-> 00:03:29,010
211		-we released was September 9 2013. In
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213		-54
214		-00:03:29,010 ~-~-> 00:03:32,370
215		-this continuing series and we discussed
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217		-55
218		-00:03:32,370 ~-~-> 00:03:35,160
219		-the likely impact that the rising yields
220		-
221		-56
222		-00:03:35,160 ~-~-> 00:03:36,990
223		-would have on the foreign currency
224		-
225		-57
226		-00:03:36,990 ~-~-> 00:03:38,850
227		-markets and we discussed that it would
228		-
229		-58
230		-00:03:38,850 ~-~-> 00:03:41,910
231		-have continued upward pressure within
232		-
233		-59
234		-00:03:42,270 ~-~-> 00:03:44,310
235		-the fiber which is the Euro USD again,
236		-
237		-60
238		-00:03:45,720 ~-~-> 00:03:48,000
239		-real quick, let's just reflect back upon
240		-
241		-61
242		-00:03:48,030 ~-~-> 00:03:51,150
243		-the yields and what it was doing in
244		-
245		-62
246		-00:03:51,240 ~-~-> 00:03:53,730
247		-graphic form. And you can see that here.
248		-
249		-63
250		-00:03:56,910 ~-~-> 00:04:00,210
251		-Can you see the rising yields okay. And
252		-
253		-64
254		-00:04:00,210 ~-~-> 00:04:02,820
255		-when that happens, price one variably
256		-
257		-65
258		-00:04:02,850 ~-~-> 00:04:06,090
259		-tried to chase or quote unquote seek
260		-
261		-66
262		-00:04:06,120 ~-~-> 00:04:09,510
263		-yield and it'll be moving up in China
264		-
265		-67
266		-00:04:09,510 ~-~-> 00:04:12,060
267		-close the gap between the the yield and
268		-
269		-68
270		-00:04:12,060 ~-~-> 00:04:14,520
271		-the actual underlying price of the
272		-
273		-69
274		-00:04:14,520 ~-~-> 00:04:18,480
275		-currency. Now, because this candle here
276		-
277		-70
278		-00:04:18,480 ~-~-> 00:04:20,190
279		-delineates the actual time that
280		-
281		-71
282		-00:04:20,190 ~-~-> 00:04:22,860
283		-recording was made, there's been a
284		-
285		-72
286		-00:04:22,920 ~-~-> 00:04:25,410
287		-significant amount of pips moved from
288		-
289		-73
290		-00:04:25,410 ~-~-> 00:04:27,360
291		-that date until now and we're just going
292		-
293		-74
294		-00:04:27,360 ~-~-> 00:04:30,240
295		-to use the highest point. Okay, we're
296		-
297		-75
298		-00:04:30,240 ~-~-> 00:04:31,740
299		-not going to use the best scenario the
300		-
301		-76
302		-00:04:31,740 ~-~-> 00:04:33,180
303		-low we're just going to use the highest
304		-
305		-77
306		-00:04:33,180 ~-~-> 00:04:35,880
307		-point that that candle on the ninth,
308		-
309		-78
310		-00:04:35,970 ~-~-> 00:04:38,730
311		-okay, and we're going to discuss briefly
312		-
313		-79
314		-00:04:38,760 ~-~-> 00:04:40,380
315		-the amount of pips that were available
316		-
317		-80
318		-00:04:40,380 ~-~-> 00:04:44,310
319		-at 291 pips. So basically almost 300
320		-
321		-81
322		-00:04:44,310 ~-~-> 00:04:47,400
323		-pips were made available in advance in
324		-
325		-82
326		-00:04:47,400 ~-~-> 00:04:51,120
327		-advance in the form of discussion as
328		-
329		-83
330		-00:04:51,150 ~-~-> 00:04:55,170
331		-upward, likely price movement. Now we
332		-
333		-84
334		-00:04:55,170 ~-~-> 00:04:57,480
335		-had a homework assignment from Episode
336		-
337		-85
338		-00:04:57,480 ~-~-> 00:05:02,400
339		-Three and it was trading In the zone,
340		-
341		-86
342		-00:05:02,460 ~-~-> 00:05:05,490
343		-okay, or stalking in the kill zone, and
344		-
345		-87
346		-00:05:05,490 ~-~-> 00:05:07,920
347		-we're going to discuss that here. Okay,
348		-
349		-88
350		-00:05:07,920 ~-~-> 00:05:09,030
351		-and what we're going to do is we're
352		-
353		-89
354		-00:05:09,030 ~-~-> 00:05:12,630
355		-going to move down into an hourly chart,
356		-
357		-90
358		-00:05:13,200 ~-~-> 00:05:16,260
359		-and I'm going to delineate the ninth of
360		-
361		-91
362		-00:05:16,290 ~-~-> 00:05:18,840
363		-September. Okay, so everything right of
364		-
365		-92
366		-00:05:18,840 ~-~-> 00:05:21,510
367		-this vertical line, basically is
368		-
369		-93
370		-00:05:21,510 ~-~-> 00:05:24,090
371		-referencing where we are in terms of the
372		-
373		-94
374		-00:05:24,090 ~-~-> 00:05:27,030
375		-last recording and posting in this video
376		-
377		-95
378		-00:05:27,030 ~-~-> 00:05:29,880
379		-series and what we're going to discuss,
380		-
381		-96
382		-00:05:30,240 ~-~-> 00:05:33,540
383		-okay, as an example of the ICT kill
384		-
385		-97
386		-00:05:33,540 ~-~-> 00:05:36,180
387		-zones, we we already had a premise in
388		-
389		-98
390		-00:05:36,180 ~-~-> 00:05:38,700
391		-mind based on the analysis of the the
392		-
393		-99
394		-00:05:38,730 ~-~-> 00:05:40,920
395		-interest rate market and how it would
396		-
397		-100
398		-00:05:40,920 ~-~-> 00:05:44,700
399		-have a magnetic pole on price upward.
400		-
401		-101
402		-00:05:45,030 ~-~-> 00:05:48,060
403		-Okay, and what that understanding we're
404		-
405		-102
406		-00:05:48,060 ~-~-> 00:05:50,190
407		-going to add Okay, we're going to add
408		-
409		-103
410		-00:05:50,220 ~-~-> 00:05:53,370
411		-the ICT kill zones, and we're going to
412		-
413		-104
414		-00:05:53,370 ~-~-> 00:05:57,120
415		-add the vertical de delineation. Okay,
416		-
417		-105
418		-00:05:57,120 ~-~-> 00:05:59,640
419		-again, the double bar here on Mt four.
420		-
421		-106
422		-00:06:00,240 ~-~-> 00:06:02,160
423		-delineates weekend's we're going to be
424		-
425		-107
426		-00:06:02,160 ~-~-> 00:06:04,740
427		-basically focusing on is the fact that
428		-
429		-108
430		-00:06:04,920 ~-~-> 00:06:07,320
431		-we were expecting. Now I'm going to say
432		-
433		-109
434		-00:06:07,320 ~-~-> 00:06:08,670
435		-this word, please don't take it out of
436		-
437		-110
438		-00:06:08,670 ~-~-> 00:06:11,520
439		-context because I am not a fundamental
440		-
441		-111
442		-00:06:11,550 ~-~-> 00:06:14,310
443		-trader, okay? as fundamental as it gets
444		-
445		-112
446		-00:06:14,310 ~-~-> 00:06:16,830
447		-for me is interest rates, okay? But
448		-
449		-113
450		-00:06:16,830 ~-~-> 00:06:19,110
451		-fundamentally, the driver for the Euro
452		-
453		-114
454		-00:06:19,110 ~-~-> 00:06:21,390
455		-to be going up like it was, was that the
456		-
457		-115
458		-00:06:21,390 ~-~-> 00:06:23,880
459		-yields were moving higher. Okay. And
460		-
461		-116
462		-00:06:24,300 ~-~-> 00:06:26,580
463		-contrast that with the fact that we know
464		-
465		-117
466		-00:06:26,580 ~-~-> 00:06:28,800
467		-that is the case when we see technically
468		-
469		-118
470		-00:06:29,100 ~-~-> 00:06:32,220
471		-the 10 year yields declining, okay. So
472		-
473		-119
474		-00:06:32,220 ~-~-> 00:06:34,410
475		-if we go to the commodity market, and we
476		-
477		-120
478		-00:06:34,410 ~-~-> 00:06:38,280
479		-refer to the 10 year, futures market,
480		-
481		-121
482		-00:06:38,700 ~-~-> 00:06:41,370
483		-okay, when that market is moving lower,
484		-
485		-122
486		-00:06:41,790 ~-~-> 00:06:44,190
487		-that's actually an increase in yields.
488		-
489		-123
490		-00:06:44,280 ~-~-> 00:06:46,680
491		-Okay. And an income increasing yield is
492		-
493		-124
494		-00:06:46,680 ~-~-> 00:06:49,410
495		-going to be diametrically opposed. And
496		-
497		-125
498		-00:06:49,410 ~-~-> 00:06:50,790
499		-there's going to be basically an inverse
500		-
501		-126
502		-00:06:50,790 ~-~-> 00:06:53,490
503		-relationship between the futures price
504		-
505		-127
506		-00:06:53,520 ~-~-> 00:06:57,840
507		-of 10 year notes and its yield, okay. So
508		-
509		-128
510		-00:06:57,840 ~-~-> 00:07:00,360
511		-if the futures chart on bonds or Tea
512		-
513		-129
514		-00:07:00,360 ~-~-> 00:07:03,180
515		-notes are dropping, that is an increase
516		-
517		-130
518		-00:07:03,180 ~-~-> 00:07:04,770
519		-in yields. Okay. And that's going to be
520		-
521		-131
522		-00:07:04,770 ~-~-> 00:07:06,810
523		-bullish for foreign currencies and
524		-
525		-132
526		-00:07:06,810 ~-~-> 00:07:09,720
527		-bearish for the US dollar. Okay? And
528		-
529		-133
530		-00:07:09,720 ~-~-> 00:07:13,320
531		-then conversely, if you reverse that
532		-
533		-134
534		-00:07:13,350 ~-~-> 00:07:16,680
535		-phenomenon, and you look at when the 10
536		-
537		-135
538		-00:07:16,680 ~-~-> 00:07:18,960
539		-year notes on a futures basis or bond
540		-
541		-136
542		-00:07:18,960 ~-~-> 00:07:21,660
543		-market is rallying on the futures
544		-
545		-137
546		-00:07:21,660 ~-~-> 00:07:24,390
547		-market, that's going to be a decline on
548		-
549		-138
550		-00:07:24,390 ~-~-> 00:07:26,580
551		-yields, which will be bullish for the US
552		-
553		-139
554		-00:07:26,580 ~-~-> 00:07:28,530
555		-dollar and bearish for foreign
556		-
557		-140
558		-00:07:28,530 ~-~-> 00:07:31,050
559		-currencies. Okay. So that's a very quick
560		-
561		-141
562		-00:07:31,110 ~-~-> 00:07:32,760
563		-and dirty way of understanding what risk
564		-
565		-142
566		-00:07:32,760 ~-~-> 00:07:36,120
567		-on risk off is how I define it. Okay. So
568		-
569		-143
570		-00:07:36,120 ~-~-> 00:07:38,670
571		-if you're looking for any fundamental
572		-
573		-144
574		-00:07:38,670 ~-~-> 00:07:40,230
575		-drivers, okay, that's about as
576		-
577		-145
578		-00:07:40,230 ~-~-> 00:07:42,090
579		-fundamental as it gets from me, okay.
580		-
581		-146
582		-00:07:42,690 ~-~-> 00:07:45,360
583		-Outside of, you know, CT data and such
584		-
585		-147
586		-00:07:45,750 ~-~-> 00:07:49,230
587		-in premiums on the front nearby mom
588		-
589		-148
590		-00:07:49,260 ~-~-> 00:07:50,940
591		-months in the futures markets, which
592		-
593		-149
594		-00:07:50,940 ~-~-> 00:07:52,980
595		-we'll discuss at another time. It's too
596		-
597		-150
598		-00:07:52,980 ~-~-> 00:07:55,830
599		-vast of a subject for me to cover in
600		-
601		-151
602		-00:07:55,830 ~-~-> 00:07:58,410
603		-this module. But there's other resources
604		-
605		-152
606		-00:07:58,410 ~-~-> 00:07:59,790
607		-made available on the internet that I've
608		-
609		-153
610		-00:07:59,790 ~-~-> 00:08:02,970
611		-discussed. Just either by homework or by
612		-
613		-154
614		-00:08:03,000 ~-~-> 00:08:06,420
615		-Larry Williams in that regard. So with
616		-
617		-155
618		-00:08:06,420 ~-~-> 00:08:09,270
619		-all that, again, we were looking for
620		-
621		-156
622		-00:08:09,300 ~-~-> 00:08:12,870
623		-bullish movement on the Euro USD and
624		-
625		-157
626		-00:08:12,870 ~-~-> 00:08:14,250
627		-other foreign currencies
628		-
629		-158
630		-00:08:14,519 ~-~-> 00:08:17,189
631		-with a bearish tone in the US dollar.
632		-
633		-159
634		-00:08:17,699 ~-~-> 00:08:22,469
635		-Now, when we have that, that backdrop on
636		-
637		-160
638		-00:08:22,499 ~-~-> 00:08:25,619
639		-price, okay, as a technical trader, we
640		-
641		-161
642		-00:08:25,619 ~-~-> 00:08:28,859
643		-would be focusing on one side of the
644		-
645		-162
646		-00:08:28,859 ~-~-> 00:08:30,839
647		-market more than the other, okay? Now,
648		-
649		-163
650		-00:08:30,839 ~-~-> 00:08:32,789
651		-that does not mean that we completely
652		-
653		-164
654		-00:08:32,789 ~-~-> 00:08:35,009
655		-throw out every bear sell signal, it
656		-
657		-165
658		-00:08:35,009 ~-~-> 00:08:37,709
659		-just means that we should be focusing
660		-
661		-166
662		-00:08:37,709 ~-~-> 00:08:40,469
663		-more in our equity allocation rather
664		-
665		-167
666		-00:08:40,889 ~-~-> 00:08:43,289
667		-when the long side of trading, okay, in
668		-
669		-168
670		-00:08:43,289 ~-~-> 00:08:45,089
671		-other words, you'll get more bang for
672		-
673		-169
674		-00:08:45,089 ~-~-> 00:08:47,099
675		-your buck, being a bull than you would
676		-
677		-170
678		-00:08:47,099 ~-~-> 00:08:48,569
679		-be being embarrassed. So if you are
680		-
681		-171
682		-00:08:48,569 ~-~-> 00:08:50,999
683		-going to be doing a trade it's counter
684		-
685		-172
686		-00:08:52,229 ~-~-> 00:08:55,229
687		-this fundamental again, quote unquote,
688		-
689		-173
690		-00:08:55,889 ~-~-> 00:08:58,769
691		-driver in the marketplace. Understand
692		-
693		-174
694		-00:08:58,769 ~-~-> 00:09:01,259
695		-that number one, you're resisting the
696		-
697		-175
698		-00:09:01,259 ~-~-> 00:09:04,589
699		-overall market pinnings Okay, now it's
700		-
701		-176
702		-00:09:04,589 ~-~-> 00:09:06,089
703		-there's there's going to be a tug of war
704		-
705		-177
706		-00:09:06,269 ~-~-> 00:09:09,809
707		-between you being a bear. Okay, and the
708		-
709		-178
710		-00:09:10,259 ~-~-> 00:09:14,429
711		-smart money that is really perpetuating
712		-
713		-179
714		-00:09:14,609 ~-~-> 00:09:17,489
715		-this market higher. So, understand that
716		-
717		-180
718		-00:09:17,519 ~-~-> 00:09:19,499
719		-I mean, there are times where you can be
720		-
721		-181
722		-00:09:19,499 ~-~-> 00:09:22,379
723		-right and profitable, okay in doing that
724		-
725		-182
726		-00:09:22,379 ~-~-> 00:09:24,419
727		-being contrary, but just don't wear out
728		-
729		-183
730		-00:09:24,419 ~-~-> 00:09:26,069
731		-You're welcome. Okay and Mary the van
732		-
733		-184
734		-00:09:26,069 ~-~-> 00:09:29,069
735		-just get blown on the water even in the
736		-
737		-185
738		-00:09:29,069 ~-~-> 00:09:31,169
739		-best traders in the world. Understand
740		-
741		-186
742		-00:09:31,169 ~-~-> 00:09:32,699
743		-there's a simple premise, you just don't
744		-
745		-187
746		-00:09:32,699 ~-~-> 00:09:35,189
747		-fight. You know, you just don't fight
748		-
749		-188
750		-00:09:35,189 ~-~-> 00:09:36,749
751		-the tide, okay? Because if you're
752		-
753		-189
754		-00:09:36,749 ~-~-> 00:09:37,829
755		-swimming against the tide, you're going
756		-
757		-190
758		-00:09:37,829 ~-~-> 00:09:39,299
759		-to tie yourself out and ultimately kill
760		-
761		-191
762		-00:09:39,299 ~-~-> 00:09:43,259
763		-yourself. But if we understand that
764		-
765		-192
766		-00:09:43,379 ~-~-> 00:09:47,159
767		-being a bull in this environment, okay,
768		-
769		-193
770		-00:09:47,189 ~-~-> 00:09:50,729
771		-we could have much more relaxation, much
772		-
773		-194
774		-00:09:50,729 ~-~-> 00:09:52,949
775		-more calm as we engage the market
776		-
777		-195
778		-00:09:52,949 ~-~-> 00:09:55,709
779		-because we know what it is specifically
780		-
781		-196
782		-00:09:55,709 ~-~-> 00:09:58,019
783		-that we're looking for. Again, that gets
784		-
785		-197
786		-00:09:58,019 ~-~-> 00:09:59,999
787		-back to differentiating yourself from
788		-
789		-198
790		-00:09:59,999 ~-~-> 00:10:03,599
791		-The neophyte or the st money? Okay? We
792		-
793		-199
794		-00:10:03,599 ~-~-> 00:10:05,009
795		-are not simply sitting down at the
796		-
797		-200
798		-00:10:05,009 ~-~-> 00:10:06,809
799		-computer and saying, well, I feel like
800		-
801		-201
802		-00:10:06,809 ~-~-> 00:10:09,419
803		-it's going to go up today. Okay, but the
804		-
805		-202
806		-00:10:09,419 ~-~-> 00:10:11,039
807		-last five minutes has been going down.
808		-
809		-203
810		-00:10:11,039 ~-~-> 00:10:14,069
811		-So let me sell, okay, that's not sound
812		-
813		-204
814		-00:10:14,069 ~-~-> 00:10:16,349
815		-trading. Okay, that's not a plan that's
816		-
817		-205
818		-00:10:16,349 ~-~-> 00:10:18,839
819		-reactionary trading. This whole series
820		-
821		-206
822		-00:10:18,839 ~-~-> 00:10:22,289
823		-is delving into the importance of having
824		-
825		-207
826		-00:10:22,289 ~-~-> 00:10:24,689
827		-number one, a pre determined plan of
828		-
829		-208
830		-00:10:24,689 ~-~-> 00:10:28,499
831		-attack, and a pre determined method of
832		-
833		-209
834		-00:10:28,499 ~-~-> 00:10:31,589
835		-attack, and then a procedure in place
836		-
837		-210
838		-00:10:31,829 ~-~-> 00:10:34,319
839		-that's clearly defined, comprehensive
840		-
841		-211
842		-00:10:34,319 ~-~-> 00:10:35,909
843		-and you know, specifically what you're
844		-
845		-212
846		-00:10:35,909 ~-~-> 00:10:38,159
847		-doing, when you're doing it, why you're
848		-
849		-213
850		-00:10:38,159 ~-~-> 00:10:40,349
851		-doing it and when you won't do it and
852		-
853		-214
854		-00:10:40,379 ~-~-> 00:10:42,029
855		-the reasons why you won't be doing as
856		-
857		-215
858		-00:10:42,029 ~-~-> 00:10:47,249
859		-well. So with that rant, okay, let's
860		-
861		-216
862		-00:10:47,279 ~-~-> 00:10:50,669
863		-delve deeper into what specifically took
864		-
865		-217
866		-00:10:50,669 ~-~-> 00:10:53,249
867		-place from this point on and how we can
868		-
869		-218
870		-00:10:53,249 ~-~-> 00:10:56,129
871		-use the ICT kill zones to ferret out the
872		-
873		-219
874		-00:10:56,129 ~-~-> 00:10:58,619
875		-lows in this up move that we were
876		-
877		-220
878		-00:10:58,619 ~-~-> 00:11:00,689
879		-looking forward to unfold. How we could
880		-
881		-221
882		-00:11:00,689 ~-~-> 00:11:03,449
883		-time scenarios where we could be a
884		-
885		-222
886		-00:11:03,659 ~-~-> 00:11:06,269
887		-bullish buyer in this and possibly have
888		-
889		-223
890		-00:11:06,269 ~-~-> 00:11:07,619
891		-made money, we're going to be moving
892		-
893		-224
894		-00:11:07,619 ~-~-> 00:11:11,879
895		-into a 15 minute chart. Okay? And,
896		-
897		-225
898		-00:11:12,509 ~-~-> 00:11:15,689
899		-again, we're going to be introducing the
900		-
901		-226
902		-00:11:15,689 ~-~-> 00:11:18,299
903		-ICT kill zones, and we're going to be
904		-
905		-227
906		-00:11:19,229 ~-~-> 00:11:22,349
907		-losing our vertical line here. That's
908		-
909		-228
910		-00:11:22,349 ~-~-> 00:11:27,299
911		-okay. And here is the September 9
912		-
913		-229
914		-00:11:27,299 ~-~-> 00:11:29,369
915		-timeframe. Okay, and we're just gonna be
916		-
917		-230
918		-00:11:29,489 ~-~-> 00:11:32,609
919		-tracing this whole period on the upside.
920		-
921		-231
922		-00:11:33,269 ~-~-> 00:11:37,499
923		-And we're gonna zoom in. Okay, and what
924		-
925		-232
926		-00:11:37,499 ~-~-> 00:11:42,419
927		-we're looking at, again, are the red
928		-
929		-233
930		-00:11:42,809 ~-~-> 00:11:45,119
931		-dashed lines here, okay? This basically
932		-
933		-234
934		-00:11:45,119 ~-~-> 00:11:47,459
935		-is encapsulated. The whole London
936		-
937		-235
938		-00:11:47,459 ~-~-> 00:11:51,659
939		-session, okay? And the green in here is
940		-
941		-236
942		-00:11:51,659 ~-~-> 00:11:54,779
943		-basically encapsulating the New York
944		-
945		-237
946		-00:11:54,809 ~-~-> 00:11:58,379
947		-open, or New York session, okay? And
948		-
949		-238
950		-00:11:58,379 ~-~-> 00:12:01,139
951		-what we're looking at is how By focusing
952		-
953		-239
954		-00:12:01,139 ~-~-> 00:12:05,609
955		-on catching a decline or pullback within
956		-
957		-240
958		-00:12:06,179 ~-~-> 00:12:10,319
959		-that specific time window each day with
960		-
961		-241
962		-00:12:10,319 ~-~-> 00:12:14,009
963		-a premise in mind where we most recently
964		-
965		-242
966		-00:12:14,129 ~-~-> 00:12:16,379
967		-moved away from and where we're going to
968		-
969		-243
970		-00:12:16,379 ~-~-> 00:12:17,939
971		-retrace back into in other words we had
972		-
973		-244
974		-00:12:17,939 ~-~-> 00:12:21,329
975		-a range initially during the London
976		-
977		-245
978		-00:12:21,779 ~-~-> 00:12:23,579
979		-session here we saw it rally up in here.
980		-
981		-246
982		-00:12:23,789 ~-~-> 00:12:25,379
983		-Then it retraced within that range the
984		-
985		-247
986		-00:12:25,379 ~-~-> 00:12:27,749
987		-range between this high and this low.
988		-
989		-248
990		-00:12:28,259 ~-~-> 00:12:29,879
991		-Okay that retracement in here was an
992		-
993		-249
994		-00:12:29,879 ~-~-> 00:12:32,789
995		-opportunity to be long as the market
996		-
997		-250
998		-00:12:32,789 ~-~-> 00:12:34,889
999		-moved higher and expanded its London
1000		-
1001		-251
1002		-00:12:34,889 ~-~-> 00:12:37,169
1003		-session range. Okay we had another minor
1004		-
1005		-252
1006		-00:12:37,169 ~-~-> 00:12:38,759
1007		-pullback it pulled back to a dealing
1008		-
1009		-253
1010		-00:12:38,759 ~-~-> 00:12:41,489
1011		-range high in here and then moves on out
1012		-
1013		-254
1014		-00:12:41,699 ~-~-> 00:12:43,889
1015		-and then we entered into the New York
1016		-
1017		-255
1018		-00:12:43,889 ~-~-> 00:12:46,559
1019		-kill zone, rallied up the retracement in
1020		-
1021		-256
1022		-00:12:46,559 ~-~-> 00:12:48,629
1023		-here. While there was nothing sufficient
1024		-
1025		-257
1026		-00:12:48,629 ~-~-> 00:12:49,829
1027		-over here in terms of support
1028		-
1029		-258
1030		-00:12:49,829 ~-~-> 00:12:52,019
1031		-resistance. We will talk about these
1032		-
1033		-259
1034		-00:12:52,019 ~-~-> 00:12:54,209
1035		-pauses in this video module and how it's
1036		-
1037		-260
1038		-00:12:54,209 ~-~-> 00:12:57,209
1039		-useful to you. But nice moved up and
1040		-
1041		-261
1042		-00:12:57,209 ~-~-> 00:12:58,949
1043		-then say moved and made a high outside
1044		-
1045		-262
1046		-00:12:58,949 ~-~-> 00:13:03,209
1047		-of the New York session. And, or at
1048		-
1049		-263
1050		-00:13:03,209 ~-~-> 00:13:04,589
1051		-least in New York kill zone, it's not
1052		-
1053		-264
1054		-00:13:04,589 ~-~-> 00:13:06,119
1055		-the session itself that was outside of
1056		-
1057		-265
1058		-00:13:06,239 ~-~-> 00:13:09,569
1059		-time when I clearly defined. Now, when
1060		-
1061		-266
1062		-00:13:09,569 ~-~-> 00:13:11,429
1063		-you see me moving the cursor across the
1064		-
1065		-267
1066		-00:13:11,489 ~-~-> 00:13:14,069
1067		-chart, don't be discouraged, okay? or
1068		-
1069		-268
1070		-00:13:14,069 ~-~-> 00:13:16,949
1071		-confused because this says ICT Asian
1072		-
1073		-269
1074		-00:13:16,949 ~-~-> 00:13:19,949
1075		-range, what I'm using is the MT four
1076		-
1077		-270
1078		-00:13:20,579 ~-~-> 00:13:24,179
1079		-indicator. Okay, that's usually used for
1080		-
1081		-271
1082		-00:13:24,179 ~-~-> 00:13:27,449
1083		-my Asian range barriers like we're
1084		-
1085		-272
1086		-00:13:27,449 ~-~-> 00:13:29,129
1087		-seeing here, the upper and lower for New
1088		-
1089		-273
1090		-00:13:29,129 ~-~-> 00:13:30,689
1091		-York, all I did was change the time
1092		-
1093		-274
1094		-00:13:30,689 ~-~-> 00:13:33,689
1095		-parameters to encapsulate the specific
1096		-
1097		-275
1098		-00:13:33,719 ~-~-> 00:13:35,399
1099		-New York and London sessions. Okay, so
1100		-
1101		-276
1102		-00:13:35,609 ~-~-> 00:13:37,199
1103		-if I do Passover, and you see these
1104		-
1105		-277
1106		-00:13:37,199 ~-~-> 00:13:38,459
1107		-little boxes popping up and you're
1108		-
1109		-278
1110		-00:13:38,459 ~-~-> 00:13:39,809
1111		-wondering what it's saying, or if you
1112		-
1113		-279
1114		-00:13:39,809 ~-~-> 00:13:41,939
1115		-catch it, it says that don't be confused
1116		-
1117		-280
1118		-00:13:41,969 ~-~-> 00:13:43,499
1119		-simply because I'm using the indicator
1120		-
1121		-281
1122		-00:13:43,499 ~-~-> 00:13:46,949
1123		-itself that I named ICT Asian range is
1124		-
1125		-282
1126		-00:13:46,949 ~-~-> 00:13:48,839
1127		-this it's multi, it's a multi useful,
1128		-
1129		-283
1130		-00:13:48,929 ~-~-> 00:13:51,149
1131		-okay, you can use use it for different
1132		-
1133		-284
1134		-00:13:51,149 ~-~-> 00:13:52,529
1135		-things as we're seeing showing here.
1136		-
1137		-285
1138		-00:13:54,269 ~-~-> 00:13:56,969
1139		-Now, this day, here's Monday on the
1140		-
1141		-286
1142		-00:13:56,969 ~-~-> 00:13:59,789
1143		-ninth, okay. Now, that was the date that
1144		-
1145		-287
1146		-00:13:59,789 ~-~-> 00:14:03,059
1147		-we were least the previous installment
1148		-
1149		-288
1150		-00:14:03,569 ~-~-> 00:14:06,989
1151		-in this series. This is the Tuesday.
1152		-
1153		-289
1154		-00:14:07,379 ~-~-> 00:14:09,479
1155		-Okay? And now what we're going to talk
1156		-
1157		-290
1158		-00:14:09,479 ~-~-> 00:14:13,199
1159		-about is how we use these sessions,
1160		-
1161		-291
1162		-00:14:13,349 ~-~-> 00:14:15,419
1163		-okay? with the understanding of
1164		-
1165		-292
1166		-00:14:15,419 ~-~-> 00:14:18,869
1167		-expectancy moving higher in price. Okay?
1168		-
1169		-293
1170		-00:14:18,899 ~-~-> 00:14:22,079
1171		-There's highs and lows within these time
1172		-
1173		-294
1174		-00:14:22,079 ~-~-> 00:14:25,169
1175		-windows. Okay? We have the low, we have
1176		-
1177		-295
1178		-00:14:25,169 ~-~-> 00:14:28,139
1179		-a high and in between there, okay? Any
1180		-
1181		-296
1182		-00:14:28,139 ~-~-> 00:14:30,539
1183		-swing high or low is useful? This one
1184		-
1185		-297
1186		-00:14:30,539 ~-~-> 00:14:34,919
1187		-here, this one here, okay. Inside the
1188		-
1189		-298
1190		-00:14:34,919 ~-~-> 00:14:37,829
1191		-New York session. Okay, we have a low
1192		-
1193		-299
1194		-00:14:37,829 ~-~-> 00:14:41,189
1195		-here and we have a high here. Okay. And
1196		-
1197		-300
1198		-00:14:41,189 ~-~-> 00:14:42,989
1199		-on the following day on this Tuesday,
1200		-
1201		-301
1202		-00:14:43,109 ~-~-> 00:14:46,109
1203		-this was September 10. We had the range
1204		-
1205		-302
1206		-00:14:46,139 ~-~-> 00:14:49,259
1207		-from here to here for the London
1208		-
1209		-303
1210		-00:14:49,259 ~-~-> 00:14:51,629
1211		-session. And the New York session is
1212		-
1213		-304
1214		-00:14:51,629 ~-~-> 00:14:56,129
1215		-here. Okay, so inside of that, you can
1216		-
1217		-305
1218		-00:14:56,129 ~-~-> 00:14:57,479
1219		-see that there are swing highs and swing
1220		-
1221		-306
1222		-00:14:57,479 ~-~-> 00:15:01,019
1223		-lows that are useful as well. By
1224		-
1225		-307
1226		-00:15:01,019 ~-~-> 00:15:03,149
1227		-understanding that, okay, and
1228		-
1229		-308
1230		-00:15:03,149 ~-~-> 00:15:05,819
1231		-understanding the concept of the range
1232		-
1233		-309
1234		-00:15:05,849 ~-~-> 00:15:07,979
1235		-or previous day's range or session
1236		-
1237		-310
1238		-00:15:08,009 ~-~-> 00:15:11,009
1239		-ranges, okay, that being here's the
1240		-
1241		-311
1242		-00:15:11,039 ~-~-> 00:15:15,479
1243		-previous New York session range. This is
1244		-
1245		-312
1246		-00:15:15,479 ~-~-> 00:15:18,089
1247		-a low in here, okay? And what we'll do
1248		-
1249		-313
1250		-00:15:18,089 ~-~-> 00:15:19,889
1251		-is we're going to highlight an
1252		-
1253		-314
1254		-00:15:19,889 ~-~-> 00:15:21,809
1255		-opportunity that could have presented
1256		-
1257		-315
1258		-00:15:21,809 ~-~-> 00:15:25,499
1259		-itself to you as a trader. From that low
1260		-
1261		-316
1262		-00:15:25,499 ~-~-> 00:15:27,929
1263		-to the high. Okay, I'm going to move
1264		-
1265		-317
1266		-00:15:27,929 ~-~-> 00:15:29,189
1267		-over here, you can see
1268		-
1269		-318
1270		-00:15:30,540 ~-~-> 00:15:31,530
1271		-how price
1272		-
1273		-319
1274		-00:15:31,830 ~-~-> 00:15:34,650
1275		-moves down into to the optimal trade
1276		-
1277		-320
1278		-00:15:34,650 ~-~-> 00:15:36,840
1279		-entry area here, which is between the 62
1280		-
1281		-321
1282		-00:15:36,840 ~-~-> 00:15:38,340
1283		-and 79 cent retracement levels
1284		-
1285		-322
1286		-00:15:38,340 ~-~-> 00:15:40,350
1287		-respectively. It went right down to the
1288		-
1289		-323
1290		-00:15:40,350 ~-~-> 00:15:41,670
1291		-sweet spot, which is essentially the
1292		-
1293		-324
1294		-00:15:41,670 ~-~-> 00:15:46,350
1295		-70.5 Fibonacci level. Okay, seven 0.5.
1296		-
1297		-325
1298		-00:15:47,070 ~-~-> 00:15:52,890
1299		-You will have to set your platform up if
1300		-
1301		-326
1302		-00:15:52,890 ~-~-> 00:15:55,290
1303		-it's not empty for your own way. I don't
1304		-
1305		-327
1306		-00:15:55,290 ~-~-> 00:15:57,720
1307		-know how to do what platform you're
1308		-
1309		-328
1310		-00:15:57,720 ~-~-> 00:15:59,790
1311		-using. And I really would rather avoid
1312		-
1313		-329
1314		-00:16:00,540 ~-~-> 00:16:03,420
1315		-Going through a long list of possible
1316		-
1317		-330
1318		-00:16:03,480 ~-~-> 00:16:05,460
1319		-emails saying, Well, can you help me do
1320		-
1321		-331
1322		-00:16:05,460 ~-~-> 00:16:08,220
1323		-it with this platform? I'm pretty much
1324		-
1325		-332
1326		-00:16:08,310 ~-~-> 00:16:12,720
1327		-limited to just using, you know, what we
1328		-
1329		-333
1330		-00:16:12,720 ~-~-> 00:16:14,910
1331		-have here, okay mp4 because I don't want
1332		-
1333		-334
1334		-00:16:14,910 ~-~-> 00:16:18,540
1335		-to get into, you know, I'm long winded
1336		-
1337		-335
1338		-00:16:19,140 ~-~-> 00:16:22,230
1339		-explanation of what possible platforms
1340		-
1341		-336
1342		-00:16:22,230 ~-~-> 00:16:24,180
1343		-you could be using. And then we get into
1344		-
1345		-337
1346		-00:16:24,180 ~-~-> 00:16:26,250
1347		-conversation of which one I advise over
1348		-
1349		-338
1350		-00:16:26,250 ~-~-> 00:16:28,230
1351		-that. So I use a very generic one empty
1352		-
1353		-339
1354		-00:16:28,230 ~-~-> 00:16:30,600
1355		-for, okay, that way everybody's readily
1356		-
1357		-340
1358		-00:16:30,600 ~-~-> 00:16:33,090
1359		-accessible. It's free, it doesn't cost
1360		-
1361		-341
1362		-00:16:33,090 ~-~-> 00:16:35,310
1363		-you anything. And it's pretty much
1364		-
1365		-342
1366		-00:16:35,310 ~-~-> 00:16:37,080
1367		-universal. And then you can delve into
1368		-
1369		-343
1370		-00:16:37,080 ~-~-> 00:16:39,180
1371		-other platforms where you see its
1372		-
1373		-344
1374		-00:16:39,330 ~-~-> 00:16:43,740
1375		-usefulness. So we have we did deviate
1376		-
1377		-345
1378		-00:16:43,770 ~-~-> 00:16:46,020
1379		-outside of that, that range here, okay,
1380		-
1381		-346
1382		-00:16:46,020 ~-~-> 00:16:49,320
1383		-by the define terms of the st Killzone
1384		-
1385		-347
1386		-00:16:49,350 ~-~-> 00:16:50,850
1387		-for this series. Now, they're saying
1388		-
1389		-348
1390		-00:16:50,850 ~-~-> 00:16:53,370
1391		-there's small variances in the times
1392		-
1393		-349
1394		-00:16:53,370 ~-~-> 00:16:54,960
1395		-that I'm using for this one, and the
1396		-
1397		-350
1398		-00:16:54,960 ~-~-> 00:16:56,490
1399		-ones that I use for my own trading. So
1400		-
1401		-351
1402		-00:16:56,490 ~-~-> 00:16:58,800
1403		-please, don't take that comment. Say,
1404		-
1405		-352
1406		-00:16:58,800 ~-~-> 00:17:00,210
1407		-well look at this. He's not even Teach
1408		-
1409		-353
1410		-00:17:00,210 ~-~-> 00:17:03,960
1411		-him what he uses. I took a lot of time
1412		-
1413		-354
1414		-00:17:04,680 ~-~-> 00:17:07,410
1415		-to eliminate a lot of the stumbling
1416		-
1417		-355
1418		-00:17:07,410 ~-~-> 00:17:10,920
1419		-blocks that I see in email form. Okay,
1420		-
1421		-356
1422		-00:17:10,920 ~-~-> 00:17:12,450
1423		-because over the last three and a half
1424		-
1425		-357
1426		-00:17:12,450 ~-~-> 00:17:15,060
1427		-years, I have been inundated with
1428		-
1429		-358
1430		-00:17:15,090 ~-~-> 00:17:19,170
1431		-reoccurring questions about what time
1432		-
1433		-359
1434		-00:17:19,170 ~-~-> 00:17:20,910
1435		-window is this and what would that be in
1436		-
1437		-360
1438		-00:17:20,910 ~-~-> 00:17:23,610
1439		-my timeframe over my global position
1440		-
1441		-361
1442		-00:17:23,610 ~-~-> 00:17:27,090
1443		-around the planet? And I readily admit,
1444		-
1445		-362
1446		-00:17:27,090 ~-~-> 00:17:28,650
1447		-it's a very confusing topic for me.
1448		-
1449		-363
1450		-00:17:28,860 ~-~-> 00:17:31,560
1451		-Okay, so I understand it's, it's
1452		-
1453		-364
1454		-00:17:31,560 ~-~-> 00:17:33,450
1455		-confusing for other people and as a
1456		-
1457		-365
1458		-00:17:33,450 ~-~-> 00:17:35,790
1459		-mentor, that's one of my weak points,
1460		-
1461		-366
1462		-00:17:35,790 ~-~-> 00:17:37,770
1463		-communicating that effectively. Okay,
1464		-
1465		-367
1466		-00:17:37,800 ~-~-> 00:17:40,770
1467		-and to eliminate that I just simply gave
1468		-
1469		-368
1470		-00:17:40,770 ~-~-> 00:17:43,350
1471		-you a very generic time window for
1472		-
1473		-369
1474		-00:17:43,380 ~-~-> 00:17:46,230
1475		-London and New York sessions. And if you
1476		-
1477		-370
1478		-00:17:46,230 ~-~-> 00:17:48,870
1479		-hunt during those time windows, you'll
1480		-
1481		-371
1482		-00:17:48,870 ~-~-> 00:17:50,850
1483		-find more than enough opportunities,
1484		-
1485		-372
1486		-00:17:50,940 ~-~-> 00:17:52,980
1487		-okay. And none of my tools are going to
1488		-
1489		-373
1490		-00:17:52,980 ~-~-> 00:17:56,790
1491		-give you every single trade. Okay? You
1492		-
1493		-374
1494		-00:17:56,790 ~-~-> 00:17:58,200
1495		-could probably go back in hindsight and
1496		-
1497		-375
1498		-00:17:58,200 ~-~-> 00:18:00,600
1499		-find where it was useful to you. Okay,
1500		-
1501		-376
1502		-00:18:00,870 ~-~-> 00:18:03,210
1503		-but don't have such high demand on these
1504		-
1505		-377
1506		-00:18:03,210 ~-~-> 00:18:05,040
1507		-tools expecting you to get every single
1508		-
1509		-378
1510		-00:18:05,040 ~-~-> 00:18:07,260
1511		-high end low, every single movement in
1512		-
1513		-379
1514		-00:18:07,260 ~-~-> 00:18:09,090
1515		-the marketplace, okay? That's not what
1516		-
1517		-380
1518		-00:18:09,090 ~-~-> 00:18:10,620
1519		-I'm teaching. That's not what I'm
1520		-
1521		-381
1522		-00:18:10,620 ~-~-> 00:18:12,840
1523		-promising you, I'm promising you an
1524		-
1525		-382
1526		-00:18:12,840 ~-~-> 00:18:15,990
1527		-edge. That's it. Okay. So how you tweak
1528		-
1529		-383
1530		-00:18:15,990 ~-~-> 00:18:17,910
1531		-that edge and how you use that edge is
1532		-
1533		-384
1534		-00:18:17,910 ~-~-> 00:18:20,070
1535		-completely and utterly up to how you
1536		-
1537		-385
1538		-00:18:20,070 ~-~-> 00:18:24,720
1539		-employ and work at. Okay. So on Tuesday,
1540		-
1541		-386
1542		-00:18:24,750 ~-~-> 00:18:26,970
1543		-we saw the market, make a significant
1544		-
1545		-387
1546		-00:18:27,210 ~-~-> 00:18:30,030
1547		-low here, and then rally up. Okay, and
1548		-
1549		-388
1550		-00:18:30,030 ~-~-> 00:18:31,950
1551		-going into that Wednesday of that week,
1552		-
1553		-389
1554		-00:18:31,980 ~-~-> 00:18:34,350
1555		-we saw price move down, making a low in
1556		-
1557		-390
1558		-00:18:34,350 ~-~-> 00:18:36,510
1559		-London, okay, and then London kills them
1560		-
1561		-391
1562		-00:18:36,510 ~-~-> 00:18:37,890
1563		-when it would be reasonably expected to
1564		-
1565		-392
1566		-00:18:37,890 ~-~-> 00:18:40,860
1567		-form Okay, and you could take the low
1568		-
1569		-393
1570		-00:18:40,890 ~-~-> 00:18:43,470
1571		-from the previous day, up to the highest
1572		-
1573		-394
1574		-00:18:43,470 ~-~-> 00:18:45,720
1575		-high prior to moving into the London
1576		-
1577		-395
1578		-00:18:45,720 ~-~-> 00:18:47,100
1579		-session, okay, because what you're doing
1580		-
1581		-396
1582		-00:18:47,100 ~-~-> 00:18:47,880
1583		-is is you're looking for that
1584		-
1585		-397
1586		-00:18:47,880 ~-~-> 00:18:51,270
1587		-retracement back inside of the range.
1588		-
1589		-398
1590		-00:18:51,780 ~-~-> 00:18:54,960
1591		-Okay, and, again, we see the low to the
1592		-
1593		-399
1594		-00:18:54,960 ~-~-> 00:18:57,540
1595		-highest high here prior to it moving
1596		-
1597		-400
1598		-00:18:57,540 ~-~-> 00:18:59,520
1599		-into the London session. Okay, price
1600		-
1601		-401
1602		-00:18:59,520 ~-~-> 00:19:01,170
1603		-comes right down. into again, the
1604		-
1605		-402
1606		-00:19:01,170 ~-~-> 00:19:04,920
1607		-optimal trade entry region and price
1608		-
1609		-403
1610		-00:19:04,920 ~-~-> 00:19:07,290
1611		-rallies up. Okay, if you initially
1612		-
1613		-404
1614		-00:19:07,470 ~-~-> 00:19:09,630
1615		-missed that opportunity, it gives you
1616		-
1617		-405
1618		-00:19:09,630 ~-~-> 00:19:12,060
1619		-another opportunity to catch a ride on
1620		-
1621		-406
1622		-00:19:12,060 ~-~-> 00:19:14,190
1623		-this move up in the form of this
1624		-
1625		-407
1626		-00:19:14,220 ~-~-> 00:19:16,320
1627		-pullback here. So you could use this
1628		-
1629		-408
1630		-00:19:16,320 ~-~-> 00:19:18,000
1631		-swing low and again, let me take this
1632		-
1633		-409
1634		-00:19:18,000 ~-~-> 00:19:20,220
1635		-off because we're already getting busy.
1636		-
1637		-410
1638		-00:19:20,880 ~-~-> 00:19:22,920
1639		-You could use this swing low to this
1640		-
1641		-411
1642		-00:19:22,920 ~-~-> 00:19:24,750
1643		-swing high in London, and you'll get
1644		-
1645		-412
1646		-00:19:24,750 ~-~-> 00:19:27,150
1647		-this right in here as a retracement.
1648		-
1649		-413
1650		-00:19:28,680 ~-~-> 00:19:29,580
1651		-Okay, and
1652		-
1653		-414
1654		-00:19:30,450 ~-~-> 00:19:33,990
1655		-don't be thrown off also with the breaks
1656		-
1657		-415
1658		-00:19:33,990 ~-~-> 00:19:36,300
1659		-between again i'm sure you hear the time
1660		-
1661		-416
1662		-00:19:36,300 ~-~-> 00:19:38,700
1663		-between the London kill zone here. And
1664		-
1665		-417
1666		-00:19:38,700 ~-~-> 00:19:41,700
1667		-here. There's an overlapping between
1668		-
1669		-418
1670		-00:19:41,700 ~-~-> 00:19:44,640
1671		-these two sessions that is very busy.
1672		-
1673		-419
1674		-00:19:44,790 ~-~-> 00:19:46,620
1675		-Okay, there's a small little period
1676		-
1677		-420
1678		-00:19:46,620 ~-~-> 00:19:50,340
1679		-around 5am New York time, or 10 GMT
1680		-
1681		-421
1682		-00:19:50,820 ~-~-> 00:19:52,380
1683		-where you may get a little bit of a
1684		-
1685		-422
1686		-00:19:52,500 ~-~-> 00:19:56,280
1687		-pause or a breather. That's, you know,
1688		-
1689		-423
1690		-00:19:56,790 ~-~-> 00:19:58,860
1691		-not guaranteed to happen always. Many
1692		-
1693		-424
1694		-00:19:58,860 ~-~-> 00:20:01,110
1695		-times, you'll see prices yawn blow
1696		-
1697		-425
1698		-00:20:01,440 ~-~-> 00:20:04,200
1699		-through that time pocket of, you know
1700		-
1701		-426
1702		-00:20:05,460 ~-~-> 00:20:10,320
1703		-10am till 11 GMT it would be foolish of
1704		-
1705		-427
1706		-00:20:10,320 ~-~-> 00:20:11,970
1707		-me to advise you to always expect it to
1708		-
1709		-428
1710		-00:20:11,970 ~-~-> 00:20:13,830
1711		-be a little pause in here, but you can
1712		-
1713		-429
1714		-00:20:13,860 ~-~-> 00:20:16,500
1715		-reasonably expect it, treat it like a
1716		-
1717		-430
1718		-00:20:16,530 ~-~-> 00:20:18,720
1719		-you know a launch, okay where there's a
1720		-
1721		-431
1722		-00:20:18,720 ~-~-> 00:20:20,430
1723		-small little consolidation and all of a
1724		-
1725		-432
1726		-00:20:20,430 ~-~-> 00:20:23,280
1727		-sudden it'll it'll take off in the trend
1728		-
1729		-433
1730		-00:20:23,310 ~-~-> 00:20:25,110
1731		-direction that's established by the
1732		-
1733		-434
1734		-00:20:25,110 ~-~-> 00:20:27,660
1735		-London session. Okay, so we have a low
1736		-
1737		-435
1738		-00:20:27,660 ~-~-> 00:20:30,150
1739		-forming here on this day again looking
1740		-
1741		-436
1742		-00:20:30,150 ~-~-> 00:20:32,760
1743		-for retracements to buy off of this was
1744		-
1745		-437
1746		-00:20:32,760 ~-~-> 00:20:35,070
1747		-one, this one in here, and then you have
1748		-
1749		-438
1750		-00:20:35,070 ~-~-> 00:20:37,110
1751		-one in the New York session here as
1752		-
1753		-439
1754		-00:20:37,110 ~-~-> 00:20:38,850
1755		-well. You can take this swing low
1756		-
1757		-440
1758		-00:20:41,579 ~-~-> 00:20:42,209
1759		-and
1760		-
1761		-441
1762		-00:20:43,710 ~-~-> 00:20:46,890
1763		-to this high here, okay, and the 62%
1764		-
1765		-442
1766		-00:20:46,890 ~-~-> 00:20:47,940
1767		-trace low and it may be a little
1768		-
1769		-443
1770		-00:20:47,940 ~-~-> 00:20:50,610
1771		-difficult to see so I'll do my best to
1772		-
1773		-444
1774		-00:20:52,560 ~-~-> 00:20:54,090
1775		-draw a little bit tighter to see that
1776		-
1777		-445
1778		-00:20:54,570 ~-~-> 00:20:56,670
1779		-the 62% retracement lays right on top of
1780		-
1781		-446
1782		-00:20:56,670 ~-~-> 00:20:59,100
1783		-that line that would delineates the New
1784		-
1785		-447
1786		-00:20:59,100 ~-~-> 00:21:01,860
1787		-York session beginning The least the
1788		-
1789		-448
1790		-00:21:01,860 ~-~-> 00:21:04,590
1791		-boundary time, and then price rally or
1792		-
1793		-449
1794		-00:21:04,590 ~-~-> 00:21:04,830
1795		-not.
1796		-
1797		-450
1798		-00:21:06,990 ~-~-> 00:21:07,650
1799		-I actually
1800		-
1801		-451
1802		-00:21:08,520 ~-~-> 00:21:10,590
1803		-took this trade, okay, so it's not like
1804		-
1805		-452
1806		-00:21:10,590 ~-~-> 00:21:12,480
1807		-it's something that's purely hindsight.
1808		-
1809		-453
1810		-00:21:12,840 ~-~-> 00:21:14,760
1811		-And if I'm questioned or whatever I can
1812		-
1813		-454
1814		-00:21:14,760 ~-~-> 00:21:17,010
1815		-show you documentation about the trade
1816		-
1817		-455
1818		-00:21:17,010 ~-~-> 00:21:19,140
1819		-and the actual real results, not a demo
1820		-
1821		-456
1822		-00:21:19,140 ~-~-> 00:21:24,330
1823		-trade. And the end, the opportunity to
1824		-
1825		-457
1826		-00:21:24,330 ~-~-> 00:21:27,690
1827		-continue moving higher in intraday in
1828		-
1829		-458
1830		-00:21:27,690 ~-~-> 00:21:29,730
1831		-here also was available and you could
1832		-
1833		-459
1834		-00:21:29,730 ~-~-> 00:21:31,860
1835		-have caught some further upside as well.
1836		-
1837		-460
1838		-00:21:32,130 ~-~-> 00:21:34,380
1839		-But that's outside the scope of this
1840		-
1841		-461
1842		-00:21:34,380 ~-~-> 00:21:36,990
1843		-teaching. And this, this presentation.
1844		-
1845		-462
1846		-00:21:37,470 ~-~-> 00:21:40,710
1847		-Again, moving into, let's go out one
1848		-
1849		-463
1850		-00:21:40,710 ~-~-> 00:21:41,100
1851		-more.
1852		-
1853		-464
1854		-00:21:46,440 ~-~-> 00:21:48,690
1855		-Okay. This was that maybe we're
1856		-
1857		-465
1858		-00:21:48,750 ~-~-> 00:21:52,650
1859		-discussing. And here we have the range
1860		-
1861		-466
1862		-00:21:52,680 ~-~-> 00:21:55,800
1863		-from the previous day's low, up to the
1864		-
1865		-467
1866		-00:21:55,800 ~-~-> 00:21:59,970
1867		-highest high. Okay, we're here prior
1868		-
1869		-468
1870		-00:22:00,000 ~-~-> 00:22:04,290
1871		-Moving into London and New York. Okay,
1872		-
1873		-469
1874		-00:22:04,290 ~-~-> 00:22:06,060
1875		-here's New York down here you can see
1876		-
1877		-470
1878		-00:22:06,060 ~-~-> 00:22:07,260
1879		-our price moved to set an asset
1880		-
1881		-471
1882		-00:22:07,260 ~-~-> 00:22:09,780
1883		-treatment level. Okay, and we're going
1884		-
1885		-472
1886		-00:22:09,780 ~-~-> 00:22:12,990
1887		-to talk about why this may not have been
1888		-
1889		-473
1890		-00:22:12,990 ~-~-> 00:22:16,200
1891		-a good idea to trade okay. Looking for a
1892		-
1893		-474
1894		-00:22:16,200 ~-~-> 00:22:20,100
1895		-long because of something going on over
1896		-
1897		-475
1898		-00:22:20,100 ~-~-> 00:22:21,990
1899		-here. Okay, but that's later on in the
1900		-
1901		-476
1902		-00:22:21,990 ~-~-> 00:22:26,970
1903		-video guys I know teaser teaser price
1904		-
1905		-477
1906		-00:22:26,970 ~-~-> 00:22:28,800
1907		-rallies up in here okay nice opportunity
1908		-
1909		-478
1910		-00:22:28,800 ~-~-> 00:22:31,710
1911		-okay just to be a buyer specifically
1912		-
1913		-479
1914		-00:22:31,710 ~-~-> 00:22:34,170
1915		-looking to catch Long's okay the range
1916		-
1917		-480
1918		-00:22:34,170 ~-~-> 00:22:36,420
1919		-available was 68 pips, you could
1920		-
1921		-481
1922		-00:22:36,420 ~-~-> 00:22:37,860
1923		-reasonably expect to get 30 pips out of
1924		-
1925		-482
1926		-00:22:37,860 ~-~-> 00:22:39,900
1927		-that and so there's absolutely no reason
1928		-
1929		-483
1930		-00:22:39,900 ~-~-> 00:22:42,780
1931		-why. One couldn't have you taken 20 to
1932		-
1933		-484
1934		-00:22:42,780 ~-~-> 00:22:44,340
1935		-30 pips comfortably out of that move.
1936		-
1937		-485
1938		-00:22:44,730 ~-~-> 00:22:46,770
1939		-Even with it retracing and returning
1940		-
1941		-486
1942		-00:22:46,770 ~-~-> 00:22:50,730
1943		-back into this, this range here. We have
1944		-
1945		-487
1946		-00:22:50,730 ~-~-> 00:22:54,060
1947		-a low here. Okay, we have a low in here,
1948		-
1949		-488
1950		-00:22:54,510 ~-~-> 00:23:01,890
1951		-formed and using that To the high formed
1952		-
1953		-489
1954		-00:23:02,070 ~-~-> 00:23:05,220
1955		-rate here, okay price comes down
1956		-
1957		-490
1958		-00:23:05,220 ~-~-> 00:23:08,250
1959		-deviates to 797 tration briefly, just
1960		-
1961		-491
1962		-00:23:08,280 ~-~-> 00:23:10,170
1963		-briefly, okay and then give you a little
1964		-
1965		-492
1966		-00:23:10,200 ~-~-> 00:23:14,580
1967		-tradable rally in here to the tune of
1968		-
1969		-493
1970		-00:23:17,280 ~-~-> 00:23:19,140
1971		-about 25 pips, there's nothing wrong
1972		-
1973		-494
1974		-00:23:19,140 ~-~-> 00:23:22,290
1975		-with that. And if you consider the
1976		-
1977		-495
1978		-00:23:22,290 ~-~-> 00:23:26,010
1979		-overall range of this price swing from
1980		-
1981		-496
1982		-00:23:26,010 ~-~-> 00:23:28,980
1983		-here, up to the high and as it retraces
1984		-
1985		-497
1986		-00:23:29,220 ~-~-> 00:23:33,210
1987		-we had the center line here and the 75
1988		-
1989		-498
1990		-00:23:33,360 ~-~-> 00:23:36,060
1991		-level here, respectively and then look
1992		-
1993		-499
1994		-00:23:36,060 ~-~-> 00:23:38,460
1995		-have come down one more time, found the
1996		-
1997		-500
1998		-00:23:38,730 ~-~-> 00:23:40,770
1999		-sudden acceleration level as well. One
2000		-
2001		-501
2002		-00:23:40,770 ~-~-> 00:23:42,360
2003		-more time bouncing off it like we did
2004		-
2005		-502
2006		-00:23:42,360 ~-~-> 00:23:45,330
2007		-here. Just violated this low just by a
2008		-
2009		-503
2010		-00:23:45,330 ~-~-> 00:23:47,880
2011		-little bit. You see that? If price does
2012		-
2013		-504
2014		-00:23:47,880 ~-~-> 00:23:49,620
2015		-that it's usually a precursor to
2016		-
2017		-505
2018		-00:23:49,620 ~-~-> 00:23:51,480
2019		-something pretty significant. And you
2020		-
2021		-506
2022		-00:23:51,480 ~-~-> 00:23:53,160
2023		-can see how clean these highs up here
2024		-
2025		-507
2026		-00:23:53,160 ~-~-> 00:23:54,930
2027		-were. So you can imagine what was
2028		-
2029		-508
2030		-00:23:54,930 ~-~-> 00:23:58,830
2031		-resting above that. You can see that was
2032		-
2033		-509
2034		-00:23:58,830 ~-~-> 00:24:00,780
2035		-the case here. They took out all starts
2036		-
2037		-510
2038		-00:24:00,780 ~-~-> 00:24:03,420
2039		-with that huge weekend gap blowing out
2040		-
2041		-511
2042		-00:24:03,420 ~-~-> 00:24:06,000
2043		-all these highs that were way too clean
2044		-
2045		-512
2046		-00:24:06,570 ~-~-> 00:24:11,100
2047		-and that's classic ICT work there. You
2048		-
2049		-513
2050		-00:24:11,100 ~-~-> 00:24:14,460
2051		-can see the the results of why I say
2052		-
2053		-514
2054		-00:24:14,460 ~-~-> 00:24:16,410
2055		-when levels are too clean that you can
2056		-
2057		-515
2058		-00:24:16,410 ~-~-> 00:24:18,270
2059		-expect a pocket of stops sitting up
2060		-
2061		-516
2062		-00:24:18,270 ~-~-> 00:24:20,340
2063		-there and they will gun those bad boys
2064		-
2065		-517
2066		-00:24:20,340 ~-~-> 00:24:22,500
2067		-out. And they did a handsome job of it
2068		-
2069		-518
2070		-00:24:22,500 ~-~-> 00:24:26,550
2071		-that week. Okay. And price moved again
2072		-
2073		-519
2074		-00:24:27,900 ~-~-> 00:24:32,100
2075		-on Monday, small little rally here in
2076		-
2077		-520
2078		-00:24:32,370 ~-~-> 00:24:35,460
2079		-the London session going into New York,
2080		-
2081		-521
2082		-00:24:35,550 ~-~-> 00:24:38,100
2083		-okay before retracement deeper. Okay,
2084		-
2085		-522
2086		-00:24:38,130 ~-~-> 00:24:40,530
2087		-now let's look at something
2088		-
2089		-523
2090		-00:24:41,579 ~-~-> 00:24:42,089
2091		-okay.
2092		-
2093		-524
2094		-00:24:42,240 ~-~-> 00:24:48,900
2095		-And it's a very cool technique. And I i
2096		-
2097		-525
2098		-00:24:48,900 ~-~-> 00:24:51,360
2099		-dubbed it and hidden optimal trade
2100		-
2101		-526
2102		-00:24:51,360 ~-~-> 00:24:54,270
2103		-entry. And for those that aren't real
2104		-
2105		-527
2106		-00:24:54,780 ~-~-> 00:24:57,870
2107		-fans of my work, they find it rather
2108		-
2109		-528
2110		-00:24:57,870 ~-~-> 00:25:00,330
2111		-silly to suggest it something Might be
2112		-
2113		-529
2114		-00:25:00,330 ~-~-> 00:25:02,700
2115		-hidden and therefore be useful. But it's
2116		-
2117		-530
2118		-00:25:02,700 ~-~-> 00:25:04,530
2119		-really nothing more than simply looking
2120		-
2121		-531
2122		-00:25:04,530 ~-~-> 00:25:07,530
2123		-at an idea of support resistance. Okay,
2124		-
2125		-532
2126		-00:25:07,800 ~-~-> 00:25:09,480
2127		-which is what we have here. I think it
2128		-
2129		-533
2130		-00:25:09,480 ~-~-> 00:25:11,130
2131		-would be hard pressed to find anyone
2132		-
2133		-534
2134		-00:25:11,130 ~-~-> 00:25:13,320
2135		-that would really fight this as being a
2136		-
2137		-535
2138		-00:25:13,320 ~-~-> 00:25:16,080
2139		-discernible level of resistance. Okay,
2140		-
2141		-536
2142		-00:25:16,410 ~-~-> 00:25:19,770
2143		-we saw a bounce up here, here, here,
2144		-
2145		-537
2146		-00:25:20,130 ~-~-> 00:25:22,470
2147		-okay. And if price was to get back above
2148		-
2149		-538
2150		-00:25:22,470 ~-~-> 00:25:24,810
2151		-it as we see here, we would expect it to
2152		-
2153		-539
2154		-00:25:24,810 ~-~-> 00:25:28,170
2155		-be what? support right? So we would have
2156		-
2157		-540
2158		-00:25:28,200 ~-~-> 00:25:34,080
2159		-a role reversal if you will, okay. But
2160		-
2161		-541
2162		-00:25:34,170 ~-~-> 00:25:36,600
2163		-simply because it's expected level of
2164		-
2165		-542
2166		-00:25:36,600 ~-~-> 00:25:39,210
2167		-resistance here, it may not come back
2168		-
2169		-543
2170		-00:25:39,210 ~-~-> 00:25:41,130
2171		-down to that level anytime soon. But it
2172		-
2173		-544
2174		-00:25:41,130 ~-~-> 00:25:43,260
2175		-still is useful to us as a point of
2176		-
2177		-545
2178		-00:25:43,260 ~-~-> 00:25:46,650
2179		-reference. Because between that level,
2180		-
2181		-546
2182		-00:25:46,890 ~-~-> 00:25:48,600
2183		-and we're price opened up and rallied up
2184		-
2185		-547
2186		-00:25:48,600 ~-~-> 00:25:52,140
2187		-to here, okay. That is a range. This
2188		-
2189		-548
2190		-00:25:52,140 ~-~-> 00:25:54,120
2191		-this right here this point here from
2192		-
2193		-549
2194		-00:25:54,120 ~-~-> 00:25:57,660
2195		-this candles low to this candles close
2196		-
2197		-550
2198		-00:25:57,660 ~-~-> 00:26:00,720
2199		-here. This is a gap now While there was
2200		-
2201		-551
2202		-00:26:00,720 ~-~-> 00:26:04,140
2203		-no trading there, okay, you have to
2204		-
2205		-552
2206		-00:26:04,620 ~-~-> 00:26:06,510
2207		-understand that this is still
2208		-
2209		-553
2210		-00:26:08,400 ~-~-> 00:26:09,210
2211		-a range.
2212		-
2213		-554
2214		-00:26:10,769 ~-~-> 00:26:13,499
2215		-Okay, that's a range. This is simply no
2216		-
2217		-555
2218		-00:26:13,499 ~-~-> 00:26:15,569
2219		-trading between this price point of the
2220		-
2221		-556
2222		-00:26:15,569 ~-~-> 00:26:17,669
2223		-close of the previous Friday and the
2224		-
2225		-557
2226		-00:26:17,669 ~-~-> 00:26:20,249
2227		-opening on Sunday. There's no trading in
2228		-
2229		-558
2230		-00:26:20,249 ~-~-> 00:26:24,269
2231		-there. It's all you know, the liquidity
2232		-
2233		-559
2234		-00:26:24,329 ~-~-> 00:26:28,079
2235		-is none zero, okay? But because price is
2236		-
2237		-560
2238		-00:26:28,079 ~-~-> 00:26:29,669
2239		-trading here, you still have to consider
2240		-
2241		-561
2242		-00:26:29,669 ~-~-> 00:26:32,819
2243		-that as range. Okay? It just means that
2244		-
2245		-562
2246		-00:26:32,819 ~-~-> 00:26:35,279
2247		-there's gaps in between these two price
2248		-
2249		-563
2250		-00:26:35,279 ~-~-> 00:26:37,379
2251		-points. And usually the market finds a
2252		-
2253		-564
2254		-00:26:37,379 ~-~-> 00:26:40,049
2255		-way to fill those gaps, but not right
2256		-
2257		-565
2258		-00:26:40,049 ~-~-> 00:26:41,879
2259		-away sometimes. Okay, so with that
2260		-
2261		-566
2262		-00:26:41,879 ~-~-> 00:26:45,779
2263		-understanding is with this gap, or
2264		-
2265		-567
2266		-00:26:45,779 ~-~-> 00:26:47,519
2267		-without this gap, if you ever see a
2268		-
2269		-568
2270		-00:26:47,519 ~-~-> 00:26:50,009
2271		-discernible level like this, okay, where
2272		-
2273		-569
2274		-00:26:50,009 ~-~-> 00:26:52,439
2275		-it clear resistance and support resides.
2276		-
2277		-570
2278		-00:26:52,649 ~-~-> 00:26:54,749
2279		-If you take your fib and anchor it right
2280		-
2281		-571
2282		-00:26:54,749 ~-~-> 00:26:58,199
2283		-from that price point. And you rallied
2284		-
2285		-572
2286		-00:26:58,199 ~-~-> 00:27:00,539
2287		-off that, take it up, up to To highest
2288		-
2289		-573
2290		-00:27:00,569 ~-~-> 00:27:05,459
2291		-high Okay, when price retraces basically
2292		-
2293		-574
2294		-00:27:05,459 ~-~-> 00:27:06,659
2295		-what you're saying is it's retracing
2296		-
2297		-575
2298		-00:27:06,659 ~-~-> 00:27:09,359
2299		-into this range gaps don't have to fill
2300		-
2301		-576
2302		-00:27:09,359 ~-~-> 00:27:12,179
2303		-also. Okay, I've seen many times where
2304		-
2305		-577
2306		-00:27:12,179 ~-~-> 00:27:15,179
2307		-gaps stayed unfulfilled you know, for
2308		-
2309		-578
2310		-00:27:15,449 ~-~-> 00:27:17,549
2311		-years, that was in commodity markets
2312		-
2313		-579
2314		-00:27:17,549 ~-~-> 00:27:20,339
2315		-that was in stock indices, okay? Just
2316		-
2317		-580
2318		-00:27:20,339 ~-~-> 00:27:22,019
2319		-simply because the gap doesn't mean
2320		-
2321		-581
2322		-00:27:22,019 ~-~-> 00:27:24,359
2323		-necessarily that it's gonna fill. That's
2324		-
2325		-582
2326		-00:27:24,359 ~-~-> 00:27:26,399
2327		-not it doesn't mean this is a common
2328		-
2329		-583
2330		-00:27:26,399 ~-~-> 00:27:28,499
2331		-gap, if you will. Okay, common gaps
2332		-
2333		-584
2334		-00:27:28,499 ~-~-> 00:27:30,209
2335		-usually get filled relatively quick.
2336		-
2337		-585
2338		-00:27:30,779 ~-~-> 00:27:34,079
2339		-This could be a breakaway gap where it
2340		-
2341		-586
2342		-00:27:34,079 ~-~-> 00:27:35,879
2343		-necessarily isn't always going to be
2344		-
2345		-587
2346		-00:27:35,879 ~-~-> 00:27:39,179
2347		-filled in especially IVF have a long
2348		-
2349		-588
2350		-00:27:39,179 ~-~-> 00:27:42,689
2351		-term, monthly yearly trend underway, who
2352		-
2353		-589
2354		-00:27:42,689 ~-~-> 00:27:43,919
2355		-says it's going to have to go away back
2356		-
2357		-590
2358		-00:27:43,919 ~-~-> 00:27:46,349
2359		-down to that gap. Okay, this just shows
2360		-
2361		-591
2362		-00:27:46,349 ~-~-> 00:27:49,949
2363		-that there's a huge influx of buying
2364		-
2365		-592
2366		-00:27:50,339 ~-~-> 00:27:52,619
2367		-Okay, on an institutional level. So
2368		-
2369		-593
2370		-00:27:52,619 ~-~-> 00:27:54,539
2371		-therefore, we still have to consider
2372		-
2373		-594
2374		-00:27:54,539 ~-~-> 00:27:56,519
2375		-this as a range in price comes right
2376		-
2377		-595
2378		-00:27:56,519 ~-~-> 00:27:59,009
2379		-down to the 70.5 and then rallies off of
2380		-
2381		-596
2382		-00:27:59,009 ~-~-> 00:28:00,779
2383		-it gives you what an ounce to trade to
2384		-
2385		-597
2386		-00:28:00,779 ~-~-> 00:28:04,139
2387		-where and why. Okay, so just simply
2388		-
2389		-598
2390		-00:28:04,139 ~-~-> 00:28:06,869
2391		-looking at support resistance and using
2392		-
2393		-599
2394		-00:28:06,959 ~-~-> 00:28:11,099
2395		-Fibonacci alone is useful. Okay? And
2396		-
2397		-600
2398		-00:28:11,519 ~-~-> 00:28:12,989
2399		-there's 40 pips made available to
2400		-
2401		-601
2402		-00:28:12,989 ~-~-> 00:28:14,579
2403		-someone that would simply understand
2404		-
2405		-602
2406		-00:28:14,579 ~-~-> 00:28:17,819
2407		-that concept and work with it. Okay? It
2408		-
2409		-603
2410		-00:28:17,819 ~-~-> 00:28:19,199
2411		-doesn't mean you need to hold on to it
2412		-
2413		-604
2414		-00:28:19,199 ~-~-> 00:28:21,449
2415		-and expect the moon. It just gives you
2416		-
2417		-605
2418		-00:28:21,449 ~-~-> 00:28:23,369
2419		-an opportunity to trade. Okay? And
2420		-
2421		-606
2422		-00:28:23,369 ~-~-> 00:28:24,929
2423		-there's a trading pattern in this that
2424		-
2425		-607
2426		-00:28:24,929 ~-~-> 00:28:26,609
2427		-we're not having discussed. It's been
2428		-
2429		-608
2430		-00:28:26,609 ~-~-> 00:28:28,769
2431		-previously released by me on internet
2432		-
2433		-609
2434		-00:28:28,769 ~-~-> 00:28:30,779
2435		-but that's for another time another
2436		-
2437		-610
2438		-00:28:30,779 ~-~-> 00:28:34,439
2439		-topic. But again, you know, we have this
2440		-
2441		-611
2442		-00:28:34,439 ~-~-> 00:28:37,049
2443		-low in here. Okay, that was an
2444		-
2445		-612
2446		-00:28:37,049 ~-~-> 00:28:39,629
2447		-opportunity to catch a short term little
2448		-
2449		-613
2450		-00:28:39,779 ~-~-> 00:28:41,549
2451		-pop in the market again, focusing only
2452		-
2453		-614
2454		-00:28:41,549 ~-~-> 00:28:42,269
2455		-being a bull.
2456		-
2457		-615
2458		-00:28:46,109 ~-~-> 00:28:51,119
2459		-We have price moving into
2460		-
2461		-616
2462		-00:28:51,119 ~-~-> 00:28:54,539
2463		-a larger consolidation. Okay. We do have
2464		-
2465		-617
2466		-00:28:54,539 ~-~-> 00:28:56,609
2467		-an opportunity to see like this low
2468		-
2469		-618
2470		-00:28:56,609 ~-~-> 00:28:58,949
2471		-here, to this high. This is an
2472		-
2473		-619
2474		-00:28:58,949 ~-~-> 00:29:00,689
2475		-opportunity here, where you Potentially
2476		-
2477		-620
2478		-00:29:00,689 ~-~-> 00:29:02,969
2479		-looked to be a buyer in here, okay, but
2480		-
2481		-621
2482		-00:29:02,969 ~-~-> 00:29:05,879
2483		-with this gap like it is here, it just,
2484		-
2485		-622
2486		-00:29:05,939 ~-~-> 00:29:08,639
2487		-it's a lot of uncertainty where it may
2488		-
2489		-623
2490		-00:29:08,639 ~-~-> 00:29:10,949
2491		-try to reach that you could be a buyer
2492		-
2493		-624
2494		-00:29:10,949 ~-~-> 00:29:13,409
2495		-here. And assuming that was the case,
2496		-
2497		-625
2498		-00:29:13,439 ~-~-> 00:29:16,799
2499		-you know, price was able to move up
2500		-
2501		-626
2502		-00:29:16,889 ~-~-> 00:29:20,699
2503		-strongly, in this case here with FM
2504		-
2505		-627
2506		-00:29:20,789 ~-~-> 00:29:26,879
2507		-FOMC. Release in here. But this this day
2508		-
2509		-628
2510		-00:29:26,879 ~-~-> 00:29:29,909
2511		-here, okay, if we use the same premise
2512		-
2513		-629
2514		-00:29:29,909 ~-~-> 00:29:32,009
2515		-that we had that same support line.
2516		-
2517		-630
2518		-00:29:32,609 ~-~-> 00:29:34,139
2519		-Okay, let's go back just a little bit as
2520		-
2521		-631
2522		-00:29:34,139 ~-~-> 00:29:37,019
2523		-you can see it clear. We're going to use
2524		-
2525		-632
2526		-00:29:37,019 ~-~-> 00:29:39,899
2527		-the same premise this set support line.
2528		-
2529		-633
2530		-00:29:40,829 ~-~-> 00:29:42,929
2531		-And we're using the kill zones again as
2532		-
2533		-634
2534		-00:29:42,929 ~-~-> 00:29:45,359
2535		-guides. And this is the range the
2536		-
2537		-635
2538		-00:29:45,359 ~-~-> 00:29:47,849
2539		-highest high prior to going into the
2540		-
2541		-636
2542		-00:29:47,849 ~-~-> 00:29:50,669
2543		-London and New York sessions. Now,
2544		-
2545		-637
2546		-00:29:50,669 ~-~-> 00:29:52,739
2547		-again, we had FOMC coming out this day,
2548		-
2549		-638
2550		-00:29:52,739 ~-~-> 00:29:55,619
2551		-so you'd have to expect price to just
2552		-
2553		-639
2554		-00:29:55,619 ~-~-> 00:29:56,969
2555		-more or less consolidate prior to going
2556		-
2557		-640
2558		-00:29:56,969 ~-~-> 00:29:59,999
2559		-into that specific release process.
2560		-
2561		-641
2562		-00:29:59,999 ~-~-> 00:30:02,159
2563		-makes the low in New York session right
2564		-
2565		-642
2566		-00:30:02,189 ~-~-> 00:30:04,739
2567		-on the move past before you go to see it
2568		-
2569		-643
2570		-00:30:04,739 ~-~-> 00:30:07,979
2571		-I apologize. Back price comes right down
2572		-
2573		-644
2574		-00:30:07,979 ~-~-> 00:30:10,349
2575		-to 62% retracement level and then takes
2576		-
2577		-645
2578		-00:30:10,349 ~-~-> 00:30:12,809
2579		-off and Quake in case you're you're
2580		-
2581		-646
2582		-00:30:12,839 ~-~-> 00:30:15,959
2583		-you're wondering. I was long in here and
2584		-
2585		-647
2586		-00:30:15,959 ~-~-> 00:30:19,379
2587		-I am going to tweet the actual entry
2588		-
2589		-648
2590		-00:30:19,379 ~-~-> 00:30:21,659
2591		-point and you can see that I was not
2592		-
2593		-649
2594		-00:30:22,679 ~-~-> 00:30:26,129
2595		-outside of this move. It was rather
2596		-
2597		-650
2598		-00:30:26,129 ~-~-> 00:30:28,169
2599		-exciting because it was one of those
2600		-
2601		-651
2602		-00:30:28,169 ~-~-> 00:30:30,119
2603		-times where we had everything in
2604		-
2605		-652
2606		-00:30:30,599 ~-~-> 00:30:33,179
2607		-alignment we had yields suggesting the
2608		-
2609		-653
2610		-00:30:33,179 ~-~-> 00:30:34,979
2611		-price is going to move higher. We had a
2612		-
2613		-654
2614		-00:30:34,979 ~-~-> 00:30:38,489
2615		-huge weekend gap that was unfilled. It
2616		-
2617		-655
2618		-00:30:38,489 ~-~-> 00:30:40,349
2619		-just was unable to breach that
2620		-
2621		-656
2622		-00:30:40,379 ~-~-> 00:30:46,439
2623		-133 25 123 I'm sorry 133 23 level in
2624		-
2625		-657
2626		-00:30:46,439 ~-~-> 00:30:49,469
2627		-this area here as support narrowing came
2628		-
2629		-658
2630		-00:30:49,469 ~-~-> 00:30:51,959
2631		-down to it never needed to and then just
2632		-
2633		-659
2634		-00:30:51,959 ~-~-> 00:30:53,669
2635		-launched vertically on the upside.
2636		-
2637		-660
2638		-00:30:53,849 ~-~-> 00:30:56,669
2639		-Again, keying off of the London open and
2640		-
2641		-661
2642		-00:30:56,699 ~-~-> 00:31:00,479
2643		-New York open kill zones. What was
2644		-
2645		-662
2646		-00:31:00,989 ~-~-> 00:31:02,549
2647		-useful here because the law actually
2648		-
2649		-663
2650		-00:31:02,549 ~-~-> 00:31:04,289
2651		-formed on Monday during the New York
2652		-
2653		-664
2654		-00:31:04,289 ~-~-> 00:31:08,009
2655		-session, and price moved on higher, then
2656		-
2657		-665
2658		-00:31:08,009 ~-~-> 00:31:10,409
2659		-went to another consolidation going into
2660		-
2661		-666
2662		-00:31:10,409 ~-~-> 00:31:12,479
2663		-the close of the week. Again, our
2664		-
2665		-667
2666		-00:31:12,509 ~-~-> 00:31:16,679
2667		-previous understandings in the previous
2668		-
2669		-668
2670		-00:31:16,679 ~-~-> 00:31:18,689
2671		-videos that we see price, when it
2672		-
2673		-669
2674		-00:31:18,689 ~-~-> 00:31:20,459
2675		-rallies large like this, this is a big
2676		-
2677		-670
2678		-00:31:20,459 ~-~-> 00:31:22,469
2679		-daily range. So anything's gonna happen
2680		-
2681		-671
2682		-00:31:22,469 ~-~-> 00:31:24,329
2683		-when the average Joe, he's gonna get in
2684		-
2685		-672
2686		-00:31:24,329 ~-~-> 00:31:25,259
2687		-the market. Well, I'm going to be a
2688		-
2689		-673
2690		-00:31:25,259 ~-~-> 00:31:26,939
2691		-buyer now and I'm going to be expecting
2692		-
2693		-674
2694		-00:31:26,939 ~-~-> 00:31:29,219
2695		-this thing to repeat the same similar
2696		-
2697		-675
2698		-00:31:29,219 ~-~-> 00:31:32,159
2699		-move. Not always, and certainly not off
2700		-
2701		-676
2702		-00:31:32,159 ~-~-> 00:31:34,139
2703		-of an economic report because what'll
2704		-
2705		-677
2706		-00:31:34,139 ~-~-> 00:31:35,159
2707		-happen is there's going to be some
2708		-
2709		-678
2710		-00:31:35,159 ~-~-> 00:31:37,199
2711		-rebalancing. Okay, and what they'll do
2712		-
2713		-679
2714		-00:31:37,199 ~-~-> 00:31:39,899
2715		-is they'll consolidate and more or less
2716		-
2717		-680
2718		-00:31:40,049 ~-~-> 00:31:42,059
2719		-pause for a moment and reflect on
2720		-
2721		-681
2722		-00:31:42,059 ~-~-> 00:31:44,369
2723		-whether or not this was really needed.
2724		-
2725		-682
2726		-00:31:44,519 ~-~-> 00:31:48,389
2727		-Okay. And this is very illiquid a lot of
2728		-
2729		-683
2730		-00:31:48,389 ~-~-> 00:31:51,359
2731		-gaps in here. Okay, so it was in a rush
2732		-
2733		-684
2734		-00:31:51,359 ~-~-> 00:31:53,069
2735		-to get somewhere and it held this
2736		-
2737		-685
2738		-00:31:53,369 ~-~-> 00:31:57,329
2739		-135 3135 50 range.
2740		-
2741		-686
2742		-00:31:58,500 ~-~-> 00:31:59,400
2743		-Okay, and
2744		-
2745		-687
2746		-00:31:59,640 ~-~-> 00:32:03,420
2747		-price Again, moving into consolidation,
2748		-
2749		-688
2750		-00:32:04,230 ~-~-> 00:32:07,290
2751		-looking at how price moves like this, we
2752		-
2753		-689
2754		-00:32:07,290 ~-~-> 00:32:11,760
2755		-are in a wait and see mode when this
2756		-
2757		-690
2758		-00:32:11,760 ~-~-> 00:32:13,500
2759		-happens, even though we are bullish
2760		-
2761		-691
2762		-00:32:13,530 ~-~-> 00:32:17,460
2763		-traders when price moves so aggressively
2764		-
2765		-692
2766		-00:32:17,460 ~-~-> 00:32:19,410
2767		-like this short term, okay and we're
2768		-
2769		-693
2770		-00:32:19,410 ~-~-> 00:32:21,150
2771		-talking about a move intraday
2772		-
2773		-694
2774		-00:32:22,109 ~-~-> 00:32:22,949
2775		-one day
2776		-
2777		-695
2778		-00:32:25,200 ~-~-> 00:32:28,830
2779		-moving 212 pips in one day, when that's
2780		-
2781		-696
2782		-00:32:28,830 ~-~-> 00:32:31,200
2783		-a big that's a huge range for one day
2784		-
2785		-697
2786		-00:32:31,680 ~-~-> 00:32:34,560
2787		-when you see that, okay, expect small
2788		-
2789		-698
2790		-00:32:34,560 ~-~-> 00:32:37,140
2791		-ranges. This is what you see here, small
2792		-
2793		-699
2794		-00:32:37,140 ~-~-> 00:32:39,030
2795		-ranges, small range small ranges, and
2796		-
2797		-700
2798		-00:32:39,030 ~-~-> 00:32:40,380
2799		-then what you're going to wait for is
2800		-
2801		-701
2802		-00:32:40,380 ~-~-> 00:32:41,970
2803		-discernible signs that we have an
2804		-
2805		-702
2806		-00:32:41,970 ~-~-> 00:32:43,980
2807		-opportunity to trade. Okay, and let's
2808		-
2809		-703
2810		-00:32:43,980 ~-~-> 00:32:45,630
2811		-drop out because I'm about to close.
2812		-
2813		-704
2814		-00:32:47,910 ~-~-> 00:32:51,630
2815		-Here is that FOMC release, consolidation
2816		-
2817		-705
2818		-00:32:51,630 ~-~-> 00:32:53,340
2819		-small little retracement smaller retrace
2820		-
2821		-706
2822		-00:32:53,340 ~-~-> 00:32:56,520
2823		-a small retracement and finally we get
2824		-
2825		-707
2826		-00:32:56,520 ~-~-> 00:32:58,350
2827		-some market structure shifting to the
2828		-
2829		-708
2830		-00:32:58,350 ~-~-> 00:33:02,700
2831		-bullish side and then You can see that
2832		-
2833		-709
2834		-00:33:02,700 ~-~-> 00:33:04,470
2835		-net, what I'm referring to is this break
2836		-
2837		-710
2838		-00:33:04,470 ~-~-> 00:33:06,090
2839		-here this high, it made it very
2840		-
2841		-711
2842		-00:33:06,090 ~-~-> 00:33:07,320
2843		-convincing rally, which we're going to
2844		-
2845		-712
2846		-00:33:07,320 ~-~-> 00:33:09,060
2847		-talk about this type of price action and
2848		-
2849		-713
2850		-00:33:09,060 ~-~-> 00:33:11,010
2851		-what is so useful about it,
2852		-
2853		-714
2854		-00:33:12,299 ~-~-> 00:33:13,019
2855		-you have
2856		-
2857		-715
2858		-00:33:14,039 ~-~-> 00:33:19,889
2859		-an opportunity to see this range, price
2860		-
2861		-716
2862		-00:33:19,889 ~-~-> 00:33:21,149
2863		-comes down that ascending is it chasing
2864		-
2865		-717
2866		-00:33:21,149 ~-~-> 00:33:23,819
2867		-a smaller violation, not much. But this
2868		-
2869		-718
2870		-00:33:23,819 ~-~-> 00:33:26,099
2871		-is an opportunity to be a buyer. Again,
2872		-
2873		-719
2874		-00:33:26,129 ~-~-> 00:33:29,999
2875		-focusing on the time window and the kill
2876		-
2877		-720
2878		-00:33:29,999 ~-~-> 00:33:30,629
2879		-zones.
2880		-
2881		-721
2882		-00:33:32,130 ~-~-> 00:33:32,760
2883		-We have
2884		-
2885		-722
2886		-00:33:35,130 ~-~-> 00:33:37,890
2887		-price rally up on out of here. So again,
2888		-
2889		-723
2890		-00:33:37,890 ~-~-> 00:33:40,440
2891		-we have this small little range in here
2892		-
2893		-724
2894		-00:33:40,620 ~-~-> 00:33:43,620
2895		-that is outside of our kill zone. So
2896		-
2897		-725
2898		-00:33:43,620 ~-~-> 00:33:45,540
2899		-even though this could be a trade taken
2900		-
2901		-726
2902		-00:33:45,540 ~-~-> 00:33:48,120
2903		-during the asian session, again, outside
2904		-
2905		-727
2906		-00:33:48,120 ~-~-> 00:33:50,970
2907		-of the scope of this teaching, if we see
2908		-
2909		-728
2910		-00:33:50,970 ~-~-> 00:33:53,820
2911		-this rally up here like this, this is
2912		-
2913		-729
2914		-00:33:54,540 ~-~-> 00:33:56,670
2915		-the area of where you would be expected
2916		-
2917		-730
2918		-00:33:56,670 ~-~-> 00:34:00,000
2919		-to be along based on what we're teaching
2920		-
2921		-731
2922		-00:34:01,650 ~-~-> 00:34:03,630
2923		-And that looks like this. This is the
2924		-
2925		-732
2926		-00:34:03,630 ~-~-> 00:34:07,500
2927		-low during the one kill zone and the
2928		-
2929		-733
2930		-00:34:07,500 ~-~-> 00:34:09,570
2931		-high made during the London kill zone.
2932		-
2933		-734
2934		-00:34:09,600 ~-~-> 00:34:11,460
2935		-So we have a price swing within that
2936		-
2937		-735
2938		-00:34:11,460 ~-~-> 00:34:13,620
2939		-timeframe, right in here, this is
2940		-
2941		-736
2942		-00:34:13,620 ~-~-> 00:34:16,620
2943		-adjacent level, okay? And then zoom in.
2944		-
2945		-737
2946		-00:34:21,570 ~-~-> 00:34:23,430
2947		-Okay, you can see price comes down,
2948		-
2949		-738
2950		-00:34:23,940 ~-~-> 00:34:26,700
2951		-gives you more or less like railroad
2952		-
2953		-739
2954		-00:34:26,700 ~-~-> 00:34:29,040
2955		-tracks if you're a candlestick student.
2956		-
2957		-740
2958		-00:34:30,210 ~-~-> 00:34:32,520
2959		-What that is, is you have a big range
2960		-
2961		-741
2962		-00:34:32,520 ~-~-> 00:34:35,250
2963		-down now they range up immediately. And
2964		-
2965		-742
2966		-00:34:35,370 ~-~-> 00:34:38,340
2967		-that was a precursor to upward pressure.
2968		-
2969		-743
2970		-00:34:38,910 ~-~-> 00:34:40,590
2971		-Again, that's just using the low here.
2972		-
2973		-744
2974		-00:34:40,860 ~-~-> 00:34:43,380
2975		-If you use the low form during the asian
2976		-
2977		-745
2978		-00:34:43,380 ~-~-> 00:34:45,960
2979		-session over here, you can see we didn't
2980		-
2981		-746
2982		-00:34:45,960 ~-~-> 00:34:51,390
2983		-have anything in terms of OTV support
2984		-
2985		-747
2986		-00:34:51,420 ~-~-> 00:34:54,270
2987		-except for some 50% fib which is not
2988		-
2989		-748
2990		-00:34:54,270 ~-~-> 00:35:00,000
2991		-significant in my repertoire. So again,
2992		-
2993		-749
2994		-00:35:00,000 ~-~-> 00:35:02,010
2995		-Without understanding you have it here.
2996		-
2997		-750
2998		-00:35:02,430 ~-~-> 00:35:03,600
2999		-And we have
3000		-
3001		-751
3002		-00:35:05,520 ~-~-> 00:35:06,270
3003		-this
3004		-
3005		-752
3006		-00:35:07,319 ~-~-> 00:35:09,629
3007		-market making the high during the actual
3008		-
3009		-753
3010		-00:35:09,659 ~-~-> 00:35:11,699
3011		-New York session. Okay, and the high
3012		-
3013		-754
3014		-00:35:11,699 ~-~-> 00:35:22,919
3015		-closing on the candle 1400 GMT. So it's
3016		-
3017		-755
3018		-00:35:22,919 ~-~-> 00:35:24,599
3019		-one hour earlier than we would expect to
3020		-
3021		-756
3022		-00:35:24,599 ~-~-> 00:35:27,719
3023		-see profit taking, which is the 1500 GMT
3024		-
3025		-757
3026		-00:35:27,719 ~-~-> 00:35:28,229
3027		-candle.
3028		-
3029		-758
3030		-00:35:28,890 ~-~-> 00:35:29,970
3031		-And that happens
3032		-
3033		-759
3034		-00:35:30,660 ~-~-> 00:35:33,180
3035		-right there. So right in here is when
3036		-
3037		-760
3038		-00:35:33,180 ~-~-> 00:35:34,890
3039		-you would be reasonably expected to see
3040		-
3041		-761
3042		-00:35:34,890 ~-~-> 00:35:37,350
3043		-the high head formed and it was a little
3044		-
3045		-762
3046		-00:35:37,350 ~-~-> 00:35:40,560
3047		-early on that day here. So basically
3048		-
3049		-763
3050		-00:35:40,560 ~-~-> 00:35:42,810
3051		-what we just discussed was an overview
3052		-
3053		-764
3054		-00:35:43,020 ~-~-> 00:35:46,530
3055		-of how important understanding the kill
3056		-
3057		-765
3058		-00:35:46,530 ~-~-> 00:35:50,400
3059		-zones role in trading. Okay, and again,
3060		-
3061		-766
3062		-00:35:50,760 ~-~-> 00:35:52,020
3063		-just focusing on one side of the
3064		-
3065		-767
3066		-00:35:52,020 ~-~-> 00:35:56,280
3067		-marketplace, and that's not necessarily
3068		-
3069		-768
3070		-00:35:56,310 ~-~-> 00:35:59,430
3071		-a weakness, okay. I get a lot of email
3072		-
3073		-769
3074		-00:35:59,430 ~-~-> 00:36:00,960
3075		-flack about You know, well, you're
3076		-
3077		-770
3078		-00:36:00,960 ~-~-> 00:36:02,250
3079		-missing all these opportunities just
3080		-
3081		-771
3082		-00:36:02,250 ~-~-> 00:36:05,370
3083		-doing this. Well, look, man, show me a
3084		-
3085		-772
3086		-00:36:05,370 ~-~-> 00:36:07,290
3087		-trader that's catching every move with
3088		-
3089		-773
3090		-00:36:07,290 ~-~-> 00:36:09,930
3091		-documentation and results that show an
3092		-
3093		-774
3094		-00:36:09,930 ~-~-> 00:36:11,790
3095		-upward equity climb. Because I'm gonna
3096		-
3097		-775
3098		-00:36:11,790 ~-~-> 00:36:14,340
3099		-tell you right now, if they exist,
3100		-
3101		-776
3102		-00:36:14,700 ~-~-> 00:36:16,680
3103		-they're not talking to you. They're work
3104		-
3105		-777
3106		-00:36:16,680 ~-~-> 00:36:18,540
3107		-for some bigwig operation somewhere,
3108		-
3109		-778
3110		-00:36:18,570 ~-~-> 00:36:21,300
3111		-okay? And they could care less who on
3112		-
3113		-779
3114		-00:36:21,300 ~-~-> 00:36:24,570
3115		-the internet believes what? Okay? What
3116		-
3117		-780
3118		-00:36:24,570 ~-~-> 00:36:26,040
3119		-we're discussing here is an opportunity
3120		-
3121		-781
3122		-00:36:26,040 ~-~-> 00:36:28,830
3123		-to learn how to approach and engage the
3124		-
3125		-782
3126		-00:36:28,830 ~-~-> 00:36:33,360
3127		-marketplace with a plan of attack, a
3128		-
3129		-783
3130		-00:36:33,360 ~-~-> 00:36:36,750
3131		-trading plan, if you will, one that is
3132		-
3133		-784
3134		-00:36:36,750 ~-~-> 00:36:41,370
3135		-repeatable one that is usable in all
3136		-
3137		-785
3138		-00:36:41,370 ~-~-> 00:36:44,370
3139		-market conditions, okay. But simply
3140		-
3141		-786
3142		-00:36:44,370 ~-~-> 00:36:45,720
3143		-because it's usable in every market
3144		-
3145		-787
3146		-00:36:45,720 ~-~-> 00:36:48,000
3147		-condition does not mean it's going to be
3148		-
3149		-788
3150		-00:36:48,030 ~-~-> 00:36:50,880
3151		-a trade in every market condition. Okay.
3152		-
3153		-789
3154		-00:36:51,330 ~-~-> 00:36:53,250
3155		-A lot of folks are struggling with
3156		-
3157		-790
3158		-00:36:53,250 ~-~-> 00:36:55,020
3159		-directional bias. We're going to talk
3160		-
3161		-791
3162		-00:36:55,020 ~-~-> 00:36:57,270
3163		-about that in this video module. We're
3164		-
3165		-792
3166		-00:36:57,270 ~-~-> 00:36:58,590
3167		-going to talk about the importance of
3168		-
3169		-793
3170		-00:36:58,590 ~-~-> 00:37:01,380
3171		-not doing anything Okay, because a lot
3172		-
3173		-794
3174		-00:37:01,380 ~-~-> 00:37:04,710
3175		-of times, folks will just assume that
3176		-
3177		-795
3178		-00:37:04,860 ~-~-> 00:37:06,390
3179		-just simply because the market moved
3180		-
3181		-796
3182		-00:37:06,690 ~-~-> 00:37:08,700
3183		-better ICT was involved in that trade,
3184		-
3185		-797
3186		-00:37:08,760 ~-~-> 00:37:11,790
3187		-not necessarily. My trade frequency is
3188		-
3189		-798
3190		-00:37:11,790 ~-~-> 00:37:14,760
3191		-very small. I used to trade a lot. You
3192		-
3193		-799
3194		-00:37:14,760 ~-~-> 00:37:16,890
3195		-don't have to trade a lot. Okay. The
3196		-
3197		-800
3198		-00:37:16,890 ~-~-> 00:37:18,630
3199		-tools I'm sharing in this video series
3200		-
3201		-801
3202		-00:37:18,660 ~-~-> 00:37:21,630
3203		-will allow you to cherry pick these
3204		-
3205		-802
3206		-00:37:21,930 ~-~-> 00:37:24,420
3207		-concepts. It's being divulged in this.
3208		-
3209		-803
3210		-00:37:24,720 ~-~-> 00:37:27,690
3211		-This specific trading plan series is
3212		-
3213		-804
3214		-00:37:27,750 ~-~-> 00:37:30,930
3215		-designed for you to catch those one shot
3216		-
3217		-805
3218		-00:37:30,930 ~-~-> 00:37:33,570
3219		-one kill weekly hauls, where you just
3220		-
3221		-806
3222		-00:37:33,570 ~-~-> 00:37:35,580
3223		-waiting for that really good setup for
3224		-
3225		-807
3226		-00:37:35,580 ~-~-> 00:37:38,190
3227		-the week. Make your weekly objective.
3228		-
3229		-808
3230		-00:37:38,520 ~-~-> 00:37:40,380
3231		-Don't care if it goes anything beyond
3232		-
3233		-809
3234		-00:37:40,410 ~-~-> 00:37:43,890
3235		-your normal expected in terms of, you
3236		-
3237		-810
3238		-00:37:43,890 ~-~-> 00:37:45,720
3239		-know, if it's 50 to 100 pips for the
3240		-
3241		-811
3242		-00:37:45,720 ~-~-> 00:37:47,790
3243		-week, whatever this approach will help
3244		-
3245		-812
3246		-00:37:47,790 ~-~-> 00:37:50,520
3247		-you do that. It'll help you get in that
3248		-
3249		-813
3250		-00:37:50,520 ~-~-> 00:37:53,850
3251		-direction of being consistently hauling
3252		-
3253		-814
3254		-00:37:53,850 ~-~-> 00:37:56,820
3255		-that type of that game. If you are
3256		-
3257		-815
3258		-00:37:56,820 ~-~-> 00:37:58,860
3259		-expecting this to give you every single
3260		-
3261		-816
3262		-00:37:58,860 ~-~-> 00:38:01,830
3263		-day trades You're looking outside the
3264		-
3265		-817
3266		-00:38:01,830 ~-~-> 00:38:04,500
3267		-scope of what its intended purposes. Now
3268		-
3269		-818
3270		-00:38:04,500 ~-~-> 00:38:06,540
3271		-I have approaches and techniques and
3272		-
3273		-819
3274		-00:38:06,540 ~-~-> 00:38:08,310
3275		-concepts that are applicable for those
3276		-
3277		-820
3278		-00:38:08,310 ~-~-> 00:38:10,470
3279		-types of environments and those styles
3280		-
3281		-821
3282		-00:38:10,470 ~-~-> 00:38:12,300
3283		-of trading. But I don't think it's a
3284		-
3285		-822
3286		-00:38:12,300 ~-~-> 00:38:15,570
3287		-good fit for new traders. I think it
3288		-
3289		-823
3290		-00:38:15,600 ~-~-> 00:38:17,820
3291		-builds confidence if one can, number
3292		-
3293		-824
3294		-00:38:17,820 ~-~-> 00:38:20,400
3295		-one, learn to anticipate, learn to
3296		-
3297		-825
3298		-00:38:20,430 ~-~-> 00:38:22,440
3299		-engage with an understanding why you're
3300		-
3301		-826
3302		-00:38:22,440 ~-~-> 00:38:24,210
3303		-doing it when you're doing it, when not
3304		-
3305		-827
3306		-00:38:24,210 ~-~-> 00:38:26,190
3307		-to do it, which is more important to you
3308		-
3309		-828
3310		-00:38:26,340 ~-~-> 00:38:28,650
3311		-taking a trade because there's more time
3312		-
3313		-829
3314		-00:38:28,650 ~-~-> 00:38:30,840
3315		-in the market for you to lose money than
3316		-
3317		-830
3318		-00:38:30,840 ~-~-> 00:38:32,910
3319		-there are for you to actually be in line
3320		-
3321		-831
3322		-00:38:32,910 ~-~-> 00:38:34,380
3323		-with the market and then make money.
3324		-
3325		-832
3326		-00:38:34,680 ~-~-> 00:38:35,790
3327		-Okay, and we're going to discuss that
3328		-
3329		-833
3330		-00:38:35,790 ~-~-> 00:38:37,920
3331		-later on in this video. But understand
3332		-
3333		-834
3334		-00:38:37,920 ~-~-> 00:38:42,120
3335		-that the the likelihood and the odds and
3336		-
3337		-835
3338		-00:38:42,150 ~-~-> 00:38:46,380
3339		-time window for you to lose money is far
3340		-
3341		-836
3342		-00:38:46,380 ~-~-> 00:38:49,140
3343		-greater than the short small little
3344		-
3345		-837
3346		-00:38:49,140 ~-~-> 00:38:50,700
3347		-pockets of opportunity that present
3348		-
3349		-838
3350		-00:38:50,700 ~-~-> 00:38:53,790
3351		-themselves as trade setups that are
3352		-
3353		-839
3354		-00:38:53,820 ~-~-> 00:38:56,910
3355		-profitable. Look, if you take 1000
3356		-
3357		-840
3358		-00:38:56,910 ~-~-> 00:38:59,580
3359		-traders home from all corners of the
3360		-
3361		-841
3362		-00:38:59,580 ~-~-> 00:39:02,130
3363		-earth Put them in a room and you tell
3364		-
3365		-842
3366		-00:39:02,130 ~-~-> 00:39:04,020
3367		-them look at the same chart, every
3368		-
3369		-843
3370		-00:39:04,020 ~-~-> 00:39:05,580
3371		-single one of those guys are going to
3372		-
3373		-844
3374		-00:39:05,580 ~-~-> 00:39:06,930
3375		-have something different and what they
3376		-
3377		-845
3378		-00:39:06,930 ~-~-> 00:39:10,260
3379		-see and what they expect. This is a
3380		-
3381		-846
3382		-00:39:10,290 ~-~-> 00:39:13,170
3383		-framework for you to build upon. It's
3384		-
3385		-847
3386		-00:39:13,170 ~-~-> 00:39:17,250
3387		-not a complete, be all end all. Okay?
3388		-
3389		-848
3390		-00:39:17,250 ~-~-> 00:39:19,830
3391		-It's not a panacea. But what you're
3392		-
3393		-849
3394		-00:39:19,830 ~-~-> 00:39:21,240
3395		-going to get from this is gonna
3396		-
3397		-850
3398		-00:39:21,570 ~-~-> 00:39:22,380
3399		-give you a
3400		-
3401		-851
3402		-00:39:23,280 ~-~-> 00:39:26,610
3403		-procedure to apply. And if it's applied
3404		-
3405		-852
3406		-00:39:26,610 ~-~-> 00:39:29,430
3407		-correctly, within the defined terms,
3408		-
3409		-853
3410		-00:39:29,430 ~-~-> 00:39:32,790
3411		-from video, one to video eight, you're
3412		-
3413		-854
3414		-00:39:32,790 ~-~-> 00:39:35,880
3415		-going to see a big picture panoramic
3416		-
3417		-855
3418		-00:39:35,880 ~-~-> 00:39:38,280
3419		-view of when you should be engaging,
3420		-
3421		-856
3422		-00:39:38,310 ~-~-> 00:39:40,200
3423		-when you should not be engaging. And
3424		-
3425		-857
3426		-00:39:40,200 ~-~-> 00:39:42,960
3427		-when you are engaging, what specifically
3428		-
3429		-858
3430		-00:39:42,960 ~-~-> 00:39:47,220
3431		-you're doing, when, why, how, okay,
3432		-
3433		-859
3434		-00:39:47,370 ~-~-> 00:39:49,470
3435		-there's going to be no ambiguity when it
3436		-
3437		-860
3438		-00:39:49,470 ~-~-> 00:39:52,020
3439		-comes to that. But it's important for
3440		-
3441		-861
3442		-00:39:52,020 ~-~-> 00:39:53,460
3443		-you to get through all this boring dry
3444		-
3445		-862
3446		-00:39:53,460 ~-~-> 00:39:55,770
3447		-stuff because that's what gives you the
3448		-
3449		-863
3450		-00:39:55,770 ~-~-> 00:39:58,770
3451		-understanding to make you effective once
3452		-
3453		-864
3454		-00:39:58,770 ~-~-> 00:40:00,510
3455		-you start applying these tools. Because
3456		-
3457		-865
3458		-00:40:01,380 ~-~-> 00:40:02,730
3459		-every time you watch these videos, it
3460		-
3461		-866
3462		-00:40:02,730 ~-~-> 00:40:04,080
3463		-doesn't mean simply go out the next day
3464		-
3465		-867
3466		-00:40:04,080 ~-~-> 00:40:06,120
3467		-and expect those things unfold exactly
3468		-
3469		-868
3470		-00:40:06,120 ~-~-> 00:40:09,000
3471		-as you saw in that previous video, you
3472		-
3473		-869
3474		-00:40:09,000 ~-~-> 00:40:13,080
3475		-learn by expecting to see similarities
3476		-
3477		-870
3478		-00:40:13,080 ~-~-> 00:40:15,300
3479		-to what you see in these videos, and you
3480		-
3481		-871
3482		-00:40:15,510 ~-~-> 00:40:18,420
3483		-gain a understanding, okay, and you
3484		-
3485		-872
3486		-00:40:18,420 ~-~-> 00:40:19,650
3487		-activate your reticular activating
3488		-
3489		-873
3490		-00:40:19,650 ~-~-> 00:40:21,540
3491		-system where you start seeing the same
3492		-
3493		-874
3494		-00:40:21,540 ~-~-> 00:40:24,660
3495		-pattern unfolding all the time, always,
3496		-
3497		-875
3498		-00:40:24,660 ~-~-> 00:40:26,730
3499		-they're always there. And there's gonna
3500		-
3501		-876
3502		-00:40:26,730 ~-~-> 00:40:29,040
3503		-be slight deviations from what you
3504		-
3505		-877
3506		-00:40:29,190 ~-~-> 00:40:31,050
3507		-expect to see and what actually is
3508		-
3509		-878
3510		-00:40:31,050 ~-~-> 00:40:33,210
3511		-there. And that's the fine art and
3512		-
3513		-879
3514		-00:40:33,210 ~-~-> 00:40:35,220
3515		-trading that you aren't going to learn
3516		-
3517		-880
3518		-00:40:35,220 ~-~-> 00:40:36,780
3519		-from a textbook. You're not going to
3520		-
3521		-881
3522		-00:40:36,780 ~-~-> 00:40:39,360
3523		-learn from a $2,000 webinar seminar
3524		-
3525		-882
3526		-00:40:39,630 ~-~-> 00:40:42,570
3527		-going across the planet. Go see somebody
3528		-
3529		-883
3530		-00:40:42,570 ~-~-> 00:40:44,040
3531		-that promises he's been doing it for,
3532		-
3533		-884
3534		-00:40:44,310 ~-~-> 00:40:46,530
3535		-you know, 25 years and he said, He's so
3536		-
3537		-885
3538		-00:40:46,530 ~-~-> 00:40:47,730
3539		-much better than everybody else.
3540		-
3541		-886
3542		-00:40:48,030 ~-~-> 00:40:48,420
3543		-Look,
3544		-
3545		-887
3546		-00:40:49,500 ~-~-> 00:40:52,440
3547		-there is going to be a growing period
3548		-
3549		-888
3550		-00:40:52,470 ~-~-> 00:40:54,420
3551		-for you. And it's going to come with
3552		-
3553		-889
3554		-00:40:54,420 ~-~-> 00:40:56,520
3555		-being in front of the charts. I learned
3556		-
3557		-890
3558		-00:40:56,520 ~-~-> 00:40:59,490
3559		-something new every single month. I'll
3560		-
3561		-891
3562		-00:40:59,490 ~-~-> 00:41:01,920
3563		-go back over My journal, and I will
3564		-
3565		-892
3566		-00:41:01,920 ~-~-> 00:41:03,510
3567		-discuss about how to keep a journal and
3568		-
3569		-893
3570		-00:41:03,540 ~-~-> 00:41:05,790
3571		-in the last portions of these videos,
3572		-
3573		-894
3574		-00:41:06,090 ~-~-> 00:41:07,830
3575		-and what's a real good way of referring
3576		-
3577		-895
3578		-00:41:07,830 ~-~-> 00:41:09,240
3579		-to it, reflecting on it and what you
3580		-
3581		-896
3582		-00:41:09,240 ~-~-> 00:41:10,530
3583		-should be gleaning from every time you
3584		-
3585		-897
3586		-00:41:10,530 ~-~-> 00:41:13,680
3587		-do it. I learned something new. And a
3588		-
3589		-898
3590		-00:41:13,680 ~-~-> 00:41:15,360
3591		-lot of it's about myself not necessarily
3592		-
3593		-899
3594		-00:41:15,360 ~-~-> 00:41:17,400
3595		-about the marketplace, but I learned a
3596		-
3597		-900
3598		-00:41:17,400 ~-~-> 00:41:19,680
3599		-lot and I journal those types of things.
3600		-
3601		-901
3602		-00:41:19,680 ~-~-> 00:41:24,810
3603		-So when you see these kill zones, learn
3604		-
3605		-902
3606		-00:41:24,840 ~-~-> 00:41:27,870
3607		-to anticipate specific types of price
3608		-
3609		-903
3610		-00:41:27,870 ~-~-> 00:41:30,720
3611		-action and behavior. You are not at the
3612		-
3613		-904
3614		-00:41:30,720 ~-~-> 00:41:32,910
3615		-point at which you are expecting to do
3616		-
3617		-905
3618		-00:41:33,030 ~-~-> 00:41:35,580
3619		-trades yet. Okay? You're still in an
3620		-
3621		-906
3622		-00:41:35,580 ~-~-> 00:41:38,190
3623		-observatory state. Okay, what you're
3624		-
3625		-907
3626		-00:41:38,190 ~-~-> 00:41:40,980
3627		-doing is you're spectating or paper
3628		-
3629		-908
3630		-00:41:40,980 ~-~-> 00:41:42,750
3631		-trading. Okay. You're just looking to
3632		-
3633		-909
3634		-00:41:42,750 ~-~-> 00:41:46,230
3635		-see how these markets, gyrate and move
3636		-
3637		-910
3638		-00:41:46,230 ~-~-> 00:41:49,080
3639		-within these specific time windows with
3640		-
3641		-911
3642		-00:41:49,530 ~-~-> 00:41:52,560
3643		-a higher timeframe. panoramic, quote,
3644		-
3645		-912
3646		-00:41:52,560 ~-~-> 00:41:56,100
3647		-unquote, fundamental perspective. And
3648		-
3649		-913
3650		-00:41:56,100 ~-~-> 00:41:58,140
3651		-I'm hoping that you're gleaning that
3652		-
3653		-914
3654		-00:41:58,530 ~-~-> 00:42:03,090
3655		-there is A few cherries hanging on the
3656		-
3657		-915
3658		-00:42:03,090 ~-~-> 00:42:05,790
3659		-monthly tree of forex. Okay, that you
3660		-
3661		-916
3662		-00:42:05,790 ~-~-> 00:42:07,950
3663		-can calmly and gingerly walk up to it.
3664		-
3665		-917
3666		-00:42:08,340 ~-~-> 00:42:11,160
3667		-Reach Out and pluck those cherries, when
3668		-
3669		-918
3670		-00:42:11,160 ~-~-> 00:42:14,640
3671		-you know, it's applicable for you to do
3672		-
3673		-919
3674		-00:42:14,640 ~-~-> 00:42:16,440
3675		-so. Not simply because it's an
3676		-
3677		-920
3678		-00:42:16,470 ~-~-> 00:42:18,060
3679		-opportunity to trade because therefore,
3680		-
3681		-921
3682		-00:42:18,240 ~-~-> 00:42:21,270
3683		-it's Monday, the markets trading, I got
3684		-
3685		-922
3686		-00:42:21,270 ~-~-> 00:42:23,100
3687		-home from work early, or I'm going to
3688		-
3689		-923
3690		-00:42:23,100 ~-~-> 00:42:25,110
3691		-bed early, I'm going to get up and be up
3692		-
3693		-924
3694		-00:42:25,110 ~-~-> 00:42:27,300
3695		-in London, therefore, I'm making time to
3696		-
3697		-925
3698		-00:42:27,300 ~-~-> 00:42:28,650
3699		-be in the market. So I'm going to take
3700		-
3701		-926
3702		-00:42:28,650 ~-~-> 00:42:30,360
3703		-that trade, there's no necessary,
3704		-
3705		-927
3706		-00:42:30,390 ~-~-> 00:42:32,130
3707		-there's not necessarily a guarantee,
3708		-
3709		-928
3710		-00:42:32,550 ~-~-> 00:42:34,530
3711		-anywhere that your trading opportunity
3712		-
3713		-929
3714		-00:42:34,530 ~-~-> 00:42:36,930
3715		-in terms of time and freedom isn't going
3716		-
3717		-930
3718		-00:42:36,930 ~-~-> 00:42:40,050
3719		-to line up with the market dynamics, you
3720		-
3721		-931
3722		-00:42:40,050 ~-~-> 00:42:42,360
3723		-know, propel the market up or down in
3724		-
3725		-932
3726		-00:42:42,360 ~-~-> 00:42:46,020
3727		-your favor. So it's, it's important to
3728		-
3729		-933
3730		-00:42:46,020 ~-~-> 00:42:48,840
3731		-understand that, okay, and these kill
3732		-
3733		-934
3734		-00:42:48,840 ~-~-> 00:42:50,880
3735		-zones while they are absolutely dynamite
3736		-
3737		-935
3738		-00:42:50,880 ~-~-> 00:42:52,710
3739		-in the right hands with someone that
3740		-
3741		-936
3742		-00:42:52,710 ~-~-> 00:42:54,930
3743		-understands what should be transpiring
3744		-
3745		-937
3746		-00:42:55,500 ~-~-> 00:42:57,420
3747		-and a combination of all these
3748		-
3749		-938
3750		-00:42:57,420 ~-~-> 00:42:59,970
3751		-components together by themselves.
3752		-
3753		-939
3754		-00:43:00,000 ~-~-> 00:43:01,260
3755		-They're absolutely going to be useless
3756		-
3757		-940
3758		-00:43:01,260 ~-~-> 00:43:03,210
3759		-to you. Okay, this highlighting a window
3760		-
3761		-941
3762		-00:43:03,210 ~-~-> 00:43:05,220
3763		-of time where things generally happen,
3764		-
3765		-942
3766		-00:43:05,430 ~-~-> 00:43:07,440
3767		-okay? So don't expect them to do
3768		-
3769		-943
3770		-00:43:07,440 ~-~-> 00:43:10,800
3771		-anything more than that. But go back at
3772		-
3773		-944
3774		-00:43:10,830 ~-~-> 00:43:12,870
3775		-when looking when the the when the
3776		-
3777		-945
3778		-00:43:12,870 ~-~-> 00:43:16,350
3779		-windows of the kill zone on London and
3780		-
3781		-946
3782		-00:43:16,380 ~-~-> 00:43:19,800
3783		-New York present these tremendous
3784		-
3785		-947
3786		-00:43:19,830 ~-~-> 00:43:21,960
3787		-opportunities for you to be involved
3788		-
3789		-948
3790		-00:43:22,260 ~-~-> 00:43:25,050
3791		-with being in that marketplace with that
3792		-
3793		-949
3794		-00:43:25,080 ~-~-> 00:43:27,300
3795		-dynamic in mind like we had from
3796		-
3797		-950
3798		-00:43:27,300 ~-~-> 00:43:28,920
3799		-September 9, we expected the market to
3800		-
3801		-951
3802		-00:43:28,920 ~-~-> 00:43:30,420
3803		-move higher, we expected the dollar to
3804		-
3805		-952
3806		-00:43:30,420 ~-~-> 00:43:31,980
3807		-move lower. We understood that
3808		-
3809		-953
3810		-00:43:31,980 ~-~-> 00:43:33,750
3811		-fundamentally quote unquote based on
3812		-
3813		-954
3814		-00:43:33,750 ~-~-> 00:43:36,120
3815		-interest rates, okay. And that mad
3816		-
3817		-955
3818		-00:43:36,120 ~-~-> 00:43:38,940
3819		-magnetic pole it will have on prices in
3820		-
3821		-956
3822		-00:43:38,940 ~-~-> 00:43:41,040
3823		-the currency market. And you saw that
3824		-
3825		-957
3826		-00:43:41,040 ~-~-> 00:43:43,020
3827		-unfold here, not necessarily just simply
3828		-
3829		-958
3830		-00:43:43,020 ~-~-> 00:43:45,180
3831		-in the euro. It happened in the cable.
3832		-
3833		-959
3834		-00:43:45,510 ~-~-> 00:43:47,820
3835		-Okay, it happened in the Australian
3836		-
3837		-960
3838		-00:43:47,820 ~-~-> 00:43:52,140
3839		-dollar. Okay, it happened in all of the
3840		-
3841		-961
3842		-00:43:52,140 ~-~-> 00:43:54,450
3843		-foreign currency markets in contrast to
3844		-
3845		-962
3846		-00:43:54,450 ~-~-> 00:43:57,930
3847		-the US dollar. Okay, folks, we're gonna
3848		-
3849		-963
3850		-00:43:57,930 ~-~-> 00:43:59,250
3851		-be looking at directional bias
3852		-
3853		-964
3854		-00:43:59,250 ~-~-> 00:44:01,980
3855		-framework. And before we get into the
3856		-
3857		-965
3858		-00:44:01,980 ~-~-> 00:44:05,370
3859		-specifics, I want to ask you a question.
3860		-
3861		-966
3862		-00:44:05,580 ~-~-> 00:44:07,260
3863		-Okay. And we kind of visited this
3864		-
3865		-967
3866		-00:44:07,290 ~-~-> 00:44:10,470
3867		-earlier on in the video series, but why
3868		-
3869		-968
3870		-00:44:10,470 ~-~-> 00:44:13,050
3871		-do markets move? You know what, what
3872		-
3873		-969
3874		-00:44:13,050 ~-~-> 00:44:16,410
3875		-propels markets higher and lower? Is the
3876		-
3877		-970
3878		-00:44:16,410 ~-~-> 00:44:18,870
3879		-average retail traders like you and I,
3880		-
3881		-971
3882		-00:44:19,260 ~-~-> 00:44:21,840
3883		-or is it going to be the large
3884		-
3885		-972
3886		-00:44:22,260 ~-~-> 00:44:25,590
3887		-institutional banks and investment
3888		-
3889		-973
3890		-00:44:25,590 ~-~-> 00:44:30,120
3891		-firms? those entities on the larger
3892		-
3893		-974
3894		-00:44:30,120 ~-~-> 00:44:32,130
3895		-scale obviously, beyond the shadow of a
3896		-
3897		-975
3898		-00:44:32,130 ~-~-> 00:44:35,370
3899		-doubt, are the catalysts for markets
3900		-
3901		-976
3902		-00:44:35,370 ~-~-> 00:44:37,440
3903		-moving higher and lower, because their
3904		-
3905		-977
3906		-00:44:37,440 ~-~-> 00:44:41,700
3907		-sheer volume you three requires price to
3908		-
3909		-978
3910		-00:44:41,700 ~-~-> 00:44:45,390
3911		-move based on some supply and demand
3912		-
3913		-979
3914		-00:44:45,570 ~-~-> 00:44:48,750
3915		-factors that they create by their mere
3916		-
3917		-980
3918		-00:44:48,750 ~-~-> 00:44:52,590
3919		-presence in a specific asset class. And
3920		-
3921		-981
3922		-00:44:52,590 ~-~-> 00:44:54,600
3923		-it goes without saying that if a
3924		-
3925		-982
3926		-00:44:54,600 ~-~-> 00:44:58,800
3927		-currency is undervalued, and for
3928		-
3929		-983
3930		-00:44:58,800 ~-~-> 00:45:00,630
3931		-whatever reason, that large As an
3932		-
3933		-984
3934		-00:45:00,630 ~-~-> 00:45:03,060
3935		-institution seems to believe that it's
3936		-
3937		-985
3938		-00:45:03,060 ~-~-> 00:45:04,770
3939		-undervalued and it's going to appreciate
3940		-
3941		-986
3942		-00:45:04,770 ~-~-> 00:45:08,310
3943		-in value with you, without that, they
3944		-
3945		-987
3946		-00:45:08,310 ~-~-> 00:45:11,010
3947		-will try to accumulate that currency.
3948		-
3949		-988
3950		-00:45:11,400 ~-~-> 00:45:14,220
3951		-But because their, their volume level is
3952		-
3953		-989
3954		-00:45:14,220 ~-~-> 00:45:19,410
3955		-such such a great contrast to what we
3956		-
3957		-990
3958		-00:45:19,410 ~-~-> 00:45:22,770
3959		-see in a retail side, they leave a very
3960		-
3961		-991
3962		-00:45:22,770 ~-~-> 00:45:25,650
3963		-big footprint. Okay? And I use the
3964		-
3965		-992
3966		-00:45:25,650 ~-~-> 00:45:27,720
3967		-analogy in this video series. It's like
3968		-
3969		-993
3970		-00:45:27,720 ~-~-> 00:45:30,420
3971		-the elephant getting in this children's
3972		-
3973		-994
3974		-00:45:30,420 ~-~-> 00:45:34,200
3975		-pool. Okay? This the displacement of
3976		-
3977		-995
3978		-00:45:34,200 ~-~-> 00:45:34,770
3979		-water.
3980		-
3981		-996
3982		-00:45:36,330 ~-~-> 00:45:38,490
3983		-It can't be missed. It's obvious. It's
3984		-
3985		-997
3986		-00:45:38,520 ~-~-> 00:45:41,040
3987		-when they enter. You can see there's a
3988		-
3989		-998
3990		-00:45:41,250 ~-~-> 00:45:44,460
3991		-there's a major shift in price. Okay,
3992		-
3993		-999
3994		-00:45:44,460 ~-~-> 00:45:46,260
3995		-they don't sneak in. They don't, you
3996		-
3997		-1000
3998		-00:45:46,260 ~-~-> 00:45:48,300
3999		-know, all of a sudden I look at that,
4000		-
4001		-1001
4002		-00:45:48,300 ~-~-> 00:45:50,970
4003		-you know, this 500 PIP rally just took
4004		-
4005		-1002
4006		-00:45:50,970 ~-~-> 00:45:52,200
4007		-off out of nowhere. Where'd this come
4008		-
4009		-1003
4010		-00:45:52,200 ~-~-> 00:45:55,020
4011		-from? If you understand what an elephant
4012		-
4013		-1004
4014		-00:45:55,020 ~-~-> 00:45:57,180
4015		-track looks like, you'll know what
4016		-
4017		-1005
4018		-00:45:57,210 ~-~-> 00:46:00,180
4019		-happens in the future. When you see See
4020		-
4021		-1006
4022		-00:46:00,180 ~-~-> 00:46:02,730
4023		-them start to materialize in price
4024		-
4025		-1007
4026		-00:46:02,730 ~-~-> 00:46:05,670
4027		-action. Okay. It's a rather simplistic
4028		-
4029		-1008
4030		-00:46:05,670 ~-~-> 00:46:08,340
4031		-way of looking at it. But the main thing
4032		-
4033		-1009
4034		-00:46:08,370 ~-~-> 00:46:10,530
4035		-you need to understand as a trader is
4036		-
4037		-1010
4038		-00:46:10,530 ~-~-> 00:46:13,500
4039		-that you are not going to muscle this
4040		-
4041		-1011
4042		-00:46:13,500 ~-~-> 00:46:16,740
4043		-market. Okay, you're not going to be the
4044		-
4045		-1012
4046		-00:46:16,740 ~-~-> 00:46:18,300
4047		-catalyst for it to move up and down.
4048		-
4049		-1013
4050		-00:46:18,600 ~-~-> 00:46:21,300
4051		-Okay? It's a collection of us the retail
4052		-
4053		-1014
4054		-00:46:21,300 ~-~-> 00:46:24,030
4055		-universe in trading will not move this
4056		-
4057		-1015
4058		-00:46:24,030 ~-~-> 00:46:25,710
4059		-market. Now, we may cause little minor
4060		-
4061		-1016
4062		-00:46:25,710 ~-~-> 00:46:28,590
4063		-blips, okay, in a very, very short term,
4064		-
4065		-1017
4066		-00:46:29,040 ~-~-> 00:46:34,710
4067		-okay. But by far and large, the currents
4068		-
4069		-1018
4070		-00:46:34,740 ~-~-> 00:46:36,750
4071		-in the marketplace are always going to
4072		-
4073		-1019
4074		-00:46:36,750 ~-~-> 00:46:39,600
4075		-be dictated by the larger predators,
4076		-
4077		-1020
4078		-00:46:39,660 ~-~-> 00:46:42,240
4079		-okay? And those entities are what we
4080		-
4081		-1021
4082		-00:46:42,240 ~-~-> 00:46:44,820
4083		-considered quote unquote, smart money.
4084		-
4085		-1022
4086		-00:46:46,020 ~-~-> 00:46:47,970
4087		-And because they have the sheer volume
4088		-
4089		-1023
4090		-00:46:47,970 ~-~-> 00:46:49,950
4091		-behind their, their trades, you know,
4092		-
4093		-1024
4094		-00:46:50,040 ~-~-> 00:46:53,760
4095		-they can manipulate the marketplace on a
4096		-
4097		-1025
4098		-00:46:53,760 ~-~-> 00:46:57,780
4099		-certain certain timeframe. Now, the long
4100		-
4101		-1026
4102		-00:46:57,780 ~-~-> 00:47:02,010
4103		-term trends obviously result of these
4104		-
4105		-1027
4106		-00:47:02,220 ~-~-> 00:47:03,960
4107		-larger institutional Smart Money
4108		-
4109		-1028
4110		-00:47:03,990 ~-~-> 00:47:08,250
4111		-investors and trading banks. They keep
4112		-
4113		-1029
4114		-00:47:08,280 ~-~-> 00:47:10,350
4115		-momentum moving in one particular
4116		-
4117		-1030
4118		-00:47:10,350 ~-~-> 00:47:12,390
4119		-direction or the other until something
4120		-
4121		-1031
4122		-00:47:12,390 ~-~-> 00:47:14,520
4123		-changes it either fundamentally, or
4124		-
4125		-1032
4126		-00:47:14,520 ~-~-> 00:47:17,550
4127		-technically, that prevents them from one
4128		-
4129		-1033
4130		-00:47:17,550 ~-~-> 00:47:21,840
4131		-to participate in that existing trend.
4132		-
4133		-1034
4134		-00:47:22,050 ~-~-> 00:47:23,430
4135		-And then that's what will happen is
4136		-
4137		-1035
4138		-00:47:23,430 ~-~-> 00:47:25,560
4139		-you'll see a market shift, there'll be a
4140		-
4141		-1036
4142		-00:47:25,560 ~-~-> 00:47:27,990
4143		-pause maybe, or an abrupt reversal all
4144		-
4145		-1037
4146		-00:47:27,990 ~-~-> 00:47:30,150
4147		-together, and a change in market tide.
4148		-
4149		-1038
4150		-00:47:31,350 ~-~-> 00:47:33,600
4151		-Your job as a trader is simply just get
4152		-
4153		-1039
4154		-00:47:33,600 ~-~-> 00:47:36,330
4155		-involved with what those Smart Money
4156		-
4157		-1040
4158		-00:47:36,330 ~-~-> 00:47:38,160
4159		-traders are doing. Okay, and we're gonna
4160		-
4161		-1041
4162		-00:47:38,160 ~-~-> 00:47:40,260
4163		-be dealing specifically with that type
4164		-
4165		-1042
4166		-00:47:40,260 ~-~-> 00:47:45,450
4167		-of mindset in this section. And the next
4168		-
4169		-1043
4170		-00:47:45,450 ~-~-> 00:47:46,530
4171		-section after this, we're going to be
4172		-
4173		-1044
4174		-00:47:46,530 ~-~-> 00:47:49,590
4175		-dealing with a lot more specifics in
4176		-
4177		-1045
4178		-00:47:49,590 ~-~-> 00:47:52,890
4179		-terms of how to trade with the insights
4180		-
4181		-1046
4182		-00:47:53,340 ~-~-> 00:47:55,350
4183		-that's gleaned with Smart Money action,
4184		-
4185		-1047
4186		-00:47:55,710 ~-~-> 00:47:57,750
4187		-and in the candlesticks and the new
4188		-
4189		-1048
4190		-00:47:57,750 ~-~-> 00:47:59,340
4191		-overall price action of whatever asset
4192		-
4193		-1049
4194		-00:47:59,340 ~-~-> 00:48:02,670
4195		-class to trade, and because this is an
4196		-
4197		-1050
4198		-00:48:02,670 ~-~-> 00:48:04,920
4199		-ICT concept, it's universal. it's
4200		-
4201		-1051
4202		-00:48:04,920 ~-~-> 00:48:06,840
4203		-applicable to commodities applicable to
4204		-
4205		-1052
4206		-00:48:06,840 ~-~-> 00:48:11,310
4207		-stocks, energies, crude oil, metals,
4208		-
4209		-1053
4210		-00:48:11,340 ~-~-> 00:48:12,780
4211		-gold, silver, palladium, platinum,
4212		-
4213		-1054
4214		-00:48:13,380 ~-~-> 00:48:17,790
4215		-copper, in in, as well as debt
4216		-
4217		-1055
4218		-00:48:17,790 ~-~-> 00:48:19,710
4219		-instruments like the bond and Tino
4220		-
4221		-1056
4222		-00:48:19,710 ~-~-> 00:48:22,290
4223		-markets. So don't think this is only
4224		-
4225		-1057
4226		-00:48:22,290 ~-~-> 00:48:25,050
4227		-going to work in forex. It's a measure
4228		-
4229		-1058
4230		-00:48:25,080 ~-~-> 00:48:28,650
4231		-of understanding how to read
4232		-
4233		-1059
4234		-00:48:29,280 ~-~-> 00:48:31,890
4235		-institutional ordering, and the order
4236		-
4237		-1060
4238		-00:48:31,890 ~-~-> 00:48:34,800
4239		-flow that's apparent in price action.
4240		-
4241		-1061
4242		-00:48:35,190 ~-~-> 00:48:39,870
4243		-And it does not require a dependency on
4244		-
4245		-1062
4246		-00:48:39,870 ~-~-> 00:48:44,670
4247		-indicators, okay, so it's a leading
4248		-
4249		-1063
4250		-00:48:44,670 ~-~-> 00:48:46,650
4251		-indicator, if you will, it does not lag.
4252		-
4253		-1064
4254		-00:48:46,680 ~-~-> 00:48:47,760
4255		-Okay. So in other words, you're going to
4256		-
4257		-1065
4258		-00:48:47,760 ~-~-> 00:48:50,580
4259		-see the future and what I'm sharing with
4260		-
4261		-1066
4262		-00:48:50,580 ~-~-> 00:48:54,090
4263		-this concept versus what you would glean
4264		-
4265		-1067
4266		-00:48:54,090 ~-~-> 00:48:55,920
4267		-if you were just using a stochastic or a
4268		-
4269		-1068
4270		-00:48:55,920 ~-~-> 00:48:58,470
4271		-MACD or whatever indicator you like to
4272		-
4273		-1069
4274		-00:48:58,470 ~-~-> 00:49:00,450
4275		-use, okay, so it's a forward Looking
4276		-
4277		-1070
4278		-00:49:00,690 ~-~-> 00:49:03,810
4279		-approach versus looking at old data and
4280		-
4281		-1071
4282		-00:49:03,810 ~-~-> 00:49:05,610
4283		-crunching it mathematically to arrive at
4284		-
4285		-1072
4286		-00:49:05,610 ~-~-> 00:49:08,370
4287		-whenever you come to believe is
4288		-
4289		-1073
4290		-00:49:08,640 ~-~-> 00:49:13,680
4291		-beneficial with indicators. Alright, so
4292		-
4293		-1074
4294		-00:49:13,710 ~-~-> 00:49:17,010
4295		-what makes a trade? high probability?
4296		-
4297		-1075
4298		-00:49:17,250 ~-~-> 00:49:18,900
4299		-Okay, in other words, strategically
4300		-
4301		-1076
4302		-00:49:18,900 ~-~-> 00:49:21,180
4303		-speaking, when you hear mentors or
4304		-
4305		-1077
4306		-00:49:21,180 ~-~-> 00:49:23,310
4307		-traders or authors or whatever it is
4308		-
4309		-1078
4310		-00:49:23,310 ~-~-> 00:49:26,310
4311		-that you, you pay attention to, or even
4312		-
4313		-1079
4314		-00:49:26,310 ~-~-> 00:49:30,060
4315		-me when I say this is high probability,
4316		-
4317		-1080
4318		-00:49:30,420 ~-~-> 00:49:34,380
4319		-what deems that setup high probability?
4320		-
4321		-1081
4322		-00:49:35,040 ~-~-> 00:49:36,990
4323		-Well, the simple fact is, is it's
4324		-
4325		-1082
4326		-00:49:37,500 ~-~-> 00:49:40,350
4327		-generally in sync with what the higher
4328		-
4329		-1083
4330		-00:49:40,350 ~-~-> 00:49:43,140
4331		-timeframe market charts are telling us.
4332		-
4333		-1084
4334		-00:49:43,500 ~-~-> 00:49:46,650
4335		-And also with the current market
4336		-
4337		-1085
4338		-00:49:46,650 ~-~-> 00:49:47,850
4339		-environment, in other words, there's a
4340		-
4341		-1086
4342		-00:49:47,850 ~-~-> 00:49:50,220
4343		-risk on risk off is it moving in in the
4344		-
4345		-1087
4346		-00:49:50,220 ~-~-> 00:49:51,420
4347		-general tide of what the higher
4348		-
4349		-1088
4350		-00:49:51,420 ~-~-> 00:49:52,920
4351		-timeframe markets are doing because
4352		-
4353		-1089
4354		-00:49:52,920 ~-~-> 00:49:54,720
4355		-again, we understand that these large
4356		-
4357		-1090
4358		-00:49:54,750 ~-~-> 00:49:58,260
4359		-animal, predator and these elephants, if
4360		-
4361		-1091
4362		-00:49:58,260 ~-~-> 00:49:59,520
4363		-you will, when they enter the
4364		-
4365		-1092
4366		-00:49:59,520 ~-~-> 00:50:02,610
4367		-marketplace They're going to push price
4368		-
4369		-1093
4370		-00:50:02,610 ~-~-> 00:50:03,930
4371		-around. And again, think of that
4372		-
4373		-1094
4374		-00:50:03,930 ~-~-> 00:50:07,560
4375		-analogy, the, the price of the asset
4376		-
4377		-1095
4378		-00:50:07,560 ~-~-> 00:50:08,550
4379		-class and we're going to stick with
4380		-
4381		-1096
4382		-00:50:08,550 ~-~-> 00:50:11,970
4383		-forex. In this example. Assuming For
4384		-
4385		-1097
4386		-00:50:12,120 ~-~-> 00:50:14,640
4387		-this example, we're looking at the fiber
4388		-
4389		-1098
4390		-00:50:15,120 ~-~-> 00:50:19,140
4391		-or your USD pair for the market rally,
4392		-
4393		-1099
4394		-00:50:19,410 ~-~-> 00:50:21,810
4395		-as we see here in the early part of
4396		-
4397		-1100
4398		-00:50:21,810 ~-~-> 00:50:23,580
4399		-July, up
4400		-
4401		-1101
4402		-00:50:24,840 ~-~-> 00:50:27,360
4403		-to this point here, okay, that's not
4404		-
4405		-1102
4406		-00:50:27,360 ~-~-> 00:50:29,940
4407		-coming by way of retail traders. Okay.
4408		-
4409		-1103
4410		-00:50:29,940 ~-~-> 00:50:31,530
4411		-Now, that does not mean that retail
4412		-
4413		-1104
4414		-00:50:31,530 ~-~-> 00:50:33,270
4415		-traders cannot be a part of this move.
4416		-
4417		-1105
4418		-00:50:33,570 ~-~-> 00:50:35,010
4419		-Okay, but the catalyst was certainly
4420		-
4421		-1106
4422		-00:50:35,010 ~-~-> 00:50:38,820
4423		-not, you know, originated by the retail
4424		-
4425		-1107
4426		-00:50:38,820 ~-~-> 00:50:42,420
4427		-universe. Okay, that was clearly the
4428		-
4429		-1108
4430		-00:50:42,420 ~-~-> 00:50:44,730
4431		-large dominant players in the
4432		-
4433		-1109
4434		-00:50:44,730 ~-~-> 00:50:49,350
4435		-marketplace. But there are certain clues
4436		-
4437		-1110
4438		-00:50:49,350 ~-~-> 00:50:52,950
4439		-that are left in the chart. That's very
4440		-
4441		-1111
4442		-00:50:52,950 ~-~-> 00:50:53,970
4443		-clear if you understand what you're
4444		-
4445		-1112
4446		-00:50:53,970 ~-~-> 00:50:56,880
4447		-looking for, and how you can use those
4448		-
4449		-1113
4450		-00:50:56,880 ~-~-> 00:51:00,750
4451		-moving forward. If we under Standard our
4452		-
4453		-1114
4454		-00:51:00,750 ~-~-> 00:51:03,270
4455		-trading is in sync with that mindset.
4456		-
4457		-1115
4458		-00:51:03,600 ~-~-> 00:51:07,080
4459		-That's what causes us to qualify or
4460		-
4461		-1116
4462		-00:51:07,080 ~-~-> 00:51:10,320
4463		-quantify the trade as high probability.
4464		-
4465		-1117
4466		-00:51:10,500 ~-~-> 00:51:12,600
4467		-Why is it high probability is because
4468		-
4469		-1118
4470		-00:51:12,630 ~-~-> 00:51:14,910
4471		-it's moving in the journal tied, that's
4472		-
4473		-1119
4474		-00:51:14,910 ~-~-> 00:51:17,310
4475		-been established by the larger dominant
4476		-
4477		-1120
4478		-00:51:17,370 ~-~-> 00:51:20,640
4479		-institutional trading. So if we are in
4480		-
4481		-1121
4482		-00:51:20,640 ~-~-> 00:51:22,380
4483		-sync with that tide, or if we're in sync
4484		-
4485		-1122
4486		-00:51:22,380 ~-~-> 00:51:24,780
4487		-with that market momentum, okay, we are
4488		-
4489		-1123
4490		-00:51:24,780 ~-~-> 00:51:27,330
4491		-not trying to be contrarian in regards
4492		-
4493		-1124
4494		-00:51:27,330 ~-~-> 00:51:30,300
4495		-to fighting the strong arm Smart Money
4496		-
4497		-1125
4498		-00:51:30,300 ~-~-> 00:51:32,160
4499		-traders, okay? They're going to take the
4500		-
4501		-1126
4502		-00:51:32,160 ~-~-> 00:51:33,780
4503		-market where they wanted to go
4504		-
4505		-1127
4506		-00:51:33,780 ~-~-> 00:51:35,460
4507		-regardless of how many indicators you
4508		-
4509		-1128
4510		-00:51:35,460 ~-~-> 00:51:37,590
4511		-have on your chart, whether it be your,
4512		-
4513		-1129
4514		-00:51:37,950 ~-~-> 00:51:41,070
4515		-you know, your electronic little trading
4516		-
4517		-1130
4518		-00:51:41,070 ~-~-> 00:51:42,780
4519		-programs that you created and typed up
4520		-
4521		-1131
4522		-00:51:42,780 ~-~-> 00:51:44,190
4523		-and maybe you bought it on the internet
4524		-
4525		-1132
4526		-00:51:44,190 ~-~-> 00:51:45,210
4527		-and it's made a lot of money in the
4528		-
4529		-1133
4530		-00:51:45,210 ~-~-> 00:51:47,910
4531		-past. Those absolutely are worthless
4532		-
4533		-1134
4534		-00:51:48,000 ~-~-> 00:51:49,710
4535		-unless they're in sync with what the
4536		-
4537		-1135
4538		-00:51:50,010 ~-~-> 00:51:51,660
4539		-large institutional traders are doing.
4540		-
4541		-1136
4542		-00:51:51,750 ~-~-> 00:51:54,600
4543		-Okay. And the only way you understand
4544		-
4545		-1137
4546		-00:51:54,600 ~-~-> 00:51:56,250
4547		-what they're doing is by price action,
4548		-
4549		-1138
4550		-00:51:57,060 ~-~-> 00:51:59,850
4551		-and leading indicators such as working
4552		-
4553		-1139
4554		-00:51:59,850 ~-~-> 00:52:02,010
4555		-with Discuss in these next two sections.
4556		-
4557		-1140
4558		-00:52:02,430 ~-~-> 00:52:05,070
4559		-And I promise you, you're going to jump
4560		-
4561		-1141
4562		-00:52:05,100 ~-~-> 00:52:08,400
4563		-about 20 light years ahead in terms of
4564		-
4565		-1142
4566		-00:52:08,400 ~-~-> 00:52:10,110
4567		-what your understanding in price action
4568		-
4569		-1143
4570		-00:52:10,410 ~-~-> 00:52:12,030
4571		-and prognostication in terms of
4572		-
4573		-1144
4574		-00:52:12,030 ~-~-> 00:52:13,560
4575		-technical analysis, okay, that's a
4576		-
4577		-1145
4578		-00:52:13,560 ~-~-> 00:52:17,940
4579		-promise a guaranteed okay? So now, let's
4580		-
4581		-1146
4582		-00:52:17,940 ~-~-> 00:52:20,910
4583		-take a look at the ICT no brainer,
4584		-
4585		-1147
4586		-00:52:21,000 ~-~-> 00:52:23,730
4587		-directional bias concepts. Okay? And I
4588		-
4589		-1148
4590		-00:52:23,730 ~-~-> 00:52:25,590
4591		-say that with tongue in cheek because
4592		-
4593		-1149
4594		-00:52:26,040 ~-~-> 00:52:28,590
4595		-I've been asked so many times about
4596		-
4597		-1150
4598		-00:52:28,950 ~-~-> 00:52:32,460
4599		-directional bias and, you know, how, how
4600		-
4601		-1151
4602		-00:52:32,460 ~-~-> 00:52:34,920
4603		-do I get it right more times than wrong
4604		-
4605		-1152
4606		-00:52:34,980 ~-~-> 00:52:36,300
4607		-in terms of where the direction of the
4608		-
4609		-1153
4610		-00:52:36,300 ~-~-> 00:52:38,130
4611		-market is going to go, either be short
4612		-
4613		-1154
4614		-00:52:38,130 ~-~-> 00:52:39,780
4615		-term, intermediate term or even long
4616		-
4617		-1155
4618		-00:52:39,780 ~-~-> 00:52:42,000
4619		-term. And it's simply a matter of
4620		-
4621		-1156
4622		-00:52:42,000 ~-~-> 00:52:44,670
4623		-understanding higher level charts
4624		-
4625		-1157
4626		-00:52:44,700 ~-~-> 00:52:47,820
4627		-support resistance, price action, and
4628		-
4629		-1158
4630		-00:52:47,850 ~-~-> 00:52:50,040
4631		-the overall tendency that the market
4632		-
4633		-1159
4634		-00:52:50,040 ~-~-> 00:52:52,170
4635		-will continue to move in one direction
4636		-
4637		-1160
4638		-00:52:52,170 ~-~-> 00:52:54,660
4639		-or another, until something of equal or
4640		-
4641		-1161
4642		-00:52:54,660 ~-~-> 00:53:01,470
4643		-greater that may cause a break Shift the
4644		-
4645		-1162
4646		-00:53:01,470 ~-~-> 00:53:04,860
4647		-title in the higher level charts. So if
4648		-
4649		-1163
4650		-00:53:04,860 ~-~-> 00:53:07,020
4651		-you have that understanding, every
4652		-
4653		-1164
4654		-00:53:07,020 ~-~-> 00:53:09,360
4655		-little minor move on an intraday charts,
4656		-
4657		-1165
4658		-00:53:09,390 ~-~-> 00:53:12,480
4659		-okay, are meaningless in regards to the
4660		-
4661		-1166
4662		-00:53:12,480 ~-~-> 00:53:14,820
4663		-higher time frame unless you understand
4664		-
4665		-1167
4666		-00:53:14,820 ~-~-> 00:53:16,260
4667		-how to apply them and what do I mean by
4668		-
4669		-1168
4670		-00:53:16,260 ~-~-> 00:53:20,040
4671		-that? We'll use this rally from here in
4672		-
4673		-1169
4674		-00:53:20,040 ~-~-> 00:53:22,710
4675		-July. Okay, from the lows made here in
4676		-
4677		-1170
4678		-00:53:22,710 ~-~-> 00:53:24,960
4679		-the fiber. Again, Euro USD is the daily
4680		-
4681		-1171
4682		-00:53:24,960 ~-~-> 00:53:27,540
4683		-chart as the market moves from this
4684		-
4685		-1172
4686		-00:53:27,540 ~-~-> 00:53:29,760
4687		-point here, okay, and we're just gonna
4688		-
4689		-1173
4690		-00:53:30,480 ~-~-> 00:53:33,030
4691		-quickly identify the, the ranges here.
4692		-
4693		-1174
4694		-00:53:33,510 ~-~-> 00:53:36,120
4695		-Okay, this point here, and I'm just
4696		-
4697		-1175
4698		-00:53:36,120 ~-~-> 00:53:37,740
4699		-roughly just dropping in doesn't have to
4700		-
4701		-1176
4702		-00:53:37,740 ~-~-> 00:53:39,600
4703		-be the exact we're just talking about a
4704		-
4705		-1177
4706		-00:53:39,600 ~-~-> 00:53:42,180
4707		-specific move in price. Okay, from
4708		-
4709		-1178
4710		-00:53:42,180 ~-~-> 00:53:45,570
4711		-around the 127 57, low to 134 50 level.
4712		-
4713		-1179
4714		-00:53:45,810 ~-~-> 00:53:48,270
4715		-Okay, that's a pretty significant means
4716		-
4717		-1180
4718		-00:53:48,270 ~-~-> 00:53:50,640
4719		-of movement between one point to
4720		-
4721		-1181
4722		-00:53:50,640 ~-~-> 00:53:53,190
4723		-another. Now in terms of pips, we're
4724		-
4725		-1182
4726		-00:53:53,190 ~-~-> 00:53:57,480
4727		-talking approximately almost 700 pips
4728		-
4729		-1183
4730		-00:53:57,510 ~-~-> 00:54:00,600
4731		-rally from there. Okay. And We were
4732		-
4733		-1184
4734		-00:54:00,600 ~-~-> 00:54:02,940
4735		-talking about the cable on fiber making
4736		-
4737		-1185
4738		-00:54:02,940 ~-~-> 00:54:05,790
4739		-a low back in here, both this point and
4740		-
4741		-1186
4742		-00:54:05,790 ~-~-> 00:54:08,910
4743		-this point here. So this is no surprise
4744		-
4745		-1187
4746		-00:54:08,910 ~-~-> 00:54:12,000
4747		-to us in terms of ICT concepts. If you
4748		-
4749		-1188
4750		-00:54:12,000 ~-~-> 00:54:14,190
4751		-go back on on YouTube, I actually talked
4752		-
4753		-1189
4754		-00:54:14,190 ~-~-> 00:54:15,780
4755		-about the cable acts and making the very
4756		-
4757		-1190
4758		-00:54:15,780 ~-~-> 00:54:20,340
4759		-low well in advance based around some of
4760		-
4761		-1191
4762		-00:54:20,340 ~-~-> 00:54:21,390
4763		-the principles we're going to talk about
4764		-
4765		-1192
4766		-00:54:21,390 ~-~-> 00:54:23,160
4767		-here. And also I'm going to build upon
4768		-
4769		-1193
4770		-00:54:23,190 ~-~-> 00:54:25,290
4771		-what's already been released in my
4772		-
4773		-1194
4774		-00:54:25,320 ~-~-> 00:54:30,000
4775		-previous works. So now, if we understand
4776		-
4777		-1195
4778		-00:54:30,000 ~-~-> 00:54:34,230
4779		-this has been established, okay, this
4780		-
4781		-1196
4782		-00:54:34,230 ~-~-> 00:54:35,550
4783		-price moves been established by the
4784		-
4785		-1197
4786		-00:54:35,550 ~-~-> 00:54:37,650
4787		-large institutional Smart Money traders,
4788		-
4789		-1198
4790		-00:54:37,650 ~-~-> 00:54:39,900
4791		-okay, those that have huge blocks of
4792		-
4793		-1199
4794		-00:54:39,900 ~-~-> 00:54:41,730
4795		-trading, that will push the market all
4796		-
4797		-1200
4798		-00:54:41,730 ~-~-> 00:54:44,550
4799		-over the place. It does not mean that
4800		-
4801		-1201
4802		-00:54:44,550 ~-~-> 00:54:46,080
4803		-there's not short term selling
4804		-
4805		-1202
4806		-00:54:46,080 ~-~-> 00:54:47,790
4807		-opportunities in here. Okay, I'm not,
4808		-
4809		-1203
4810		-00:54:47,880 ~-~-> 00:54:50,160
4811		-I'm not negating the effectiveness of
4812		-
4813		-1204
4814		-00:54:50,160 ~-~-> 00:54:52,740
4815		-short term or day trading contrarian to
4816		-
4817		-1205
4818		-00:54:52,740 ~-~-> 00:54:54,270
4819		-the larger time frame. I'm not saying
4820		-
4821		-1206
4822		-00:54:54,270 ~-~-> 00:54:56,700
4823		-that, but this series is really designed
4824		-
4825		-1207
4826		-00:54:56,700 ~-~-> 00:55:00,000
4827		-to get you focused in on only two
4828		-
4829		-1208
4830		-00:55:00,000 ~-~-> 00:55:03,150
4831		-Reading with this tide. Okay? And when
4832		-
4833		-1209
4834		-00:55:03,150 ~-~-> 00:55:05,940
4835		-you start trading with that it's same
4836		-
4837		-1210
4838		-00:55:05,940 ~-~-> 00:55:08,250
4839		-thing here from this high to this low.
4840		-
4841		-1211
4842		-00:55:08,460 ~-~-> 00:55:09,960
4843		-If you were looking for just shorts in
4844		-
4845		-1212
4846		-00:55:09,960 ~-~-> 00:55:12,450
4847		-that environment, your trades number one
4848		-
4849		-1213
4850		-00:55:12,480 ~-~-> 00:55:15,690
4851		-are going to be, quote unquote high
4852		-
4853		-1214
4854		-00:55:15,690 ~-~-> 00:55:17,370
4855		-probability because you're trading in
4856		-
4857		-1215
4858		-00:55:17,370 ~-~-> 00:55:19,650
4859		-sync with the higher timeframe. macro
4860		-
4861		-1216
4862		-00:55:19,650 ~-~-> 00:55:21,360
4863		-perspective, okay, because we're looking
4864		-
4865		-1217
4866		-00:55:21,360 ~-~-> 00:55:24,360
4867		-at a daily chart and this flow,
4868		-
4869		-1218
4870		-00:55:25,050 ~-~-> 00:55:27,870
4871		-okay of orders moving lower. Okay, it's
4872		-
4873		-1219
4874		-00:55:27,870 ~-~-> 00:55:30,660
4875		-going to drive pricing lower, even
4876		-
4877		-1220
4878		-00:55:30,660 ~-~-> 00:55:31,740
4879		-though you'll see these minor little
4880		-
4881		-1221
4882		-00:55:31,740 ~-~-> 00:55:34,500
4883		-blips going higher intraday, okay, those
4884		-
4885		-1222
4886		-00:55:34,500 ~-~-> 00:55:36,840
4887		-are rallies that you sell into much in
4888		-
4889		-1223
4890		-00:55:36,840 ~-~-> 00:55:39,450
4891		-the same capacity on the flip side of
4892		-
4893		-1224
4894		-00:55:39,450 ~-~-> 00:55:42,060
4895		-that, all during this point here, any
4896		-
4897		-1225
4898		-00:55:42,060 ~-~-> 00:55:45,270
4899		-decline just sets up a retracement in a
4900		-
4901		-1226
4902		-00:55:45,330 ~-~-> 00:55:46,560
4903		-up move. Okay, so you're going to be
4904		-
4905		-1227
4906		-00:55:46,560 ~-~-> 00:55:51,390
4907		-trading retracements lower into a
4908		-
4909		-1228
4910		-00:55:52,020 ~-~-> 00:55:53,580
4911		-upswing in price because you're
4912		-
4913		-1229
4914		-00:55:53,580 ~-~-> 00:55:56,460
4915		-basically buying dips and rally and
4916		-
4917		-1230
4918		-00:55:56,460 ~-~-> 00:55:59,040
4919		-you're selling rallies in a decline.
4920		-
4921		-1231
4922		-00:55:59,220 ~-~-> 00:56:01,680
4923		-Okay, so As the markets moving lower,
4924		-
4925		-1232
4926		-00:56:01,980 ~-~-> 00:56:03,990
4927		-you're going to be looking for rallies
4928		-
4929		-1233
4930		-00:56:03,990 ~-~-> 00:56:07,080
4931		-to sell into that flies in the face of
4932		-
4933		-1234
4934		-00:56:07,080 ~-~-> 00:56:09,420
4935		-what generally neophyte traders
4936		-
4937		-1235
4938		-00:56:09,570 ~-~-> 00:56:12,390
4939		-anticipate or expect to do rather, okay
4940		-
4941		-1236
4942		-00:56:12,390 ~-~-> 00:56:14,280
4943		-or react to okay, because generally,
4944		-
4945		-1237
4946		-00:56:15,090 ~-~-> 00:56:18,690
4947		-retail neophytes don't have skills to
4948		-
4949		-1238
4950		-00:56:18,690 ~-~-> 00:56:21,090
4951		-anticipate they simply react, you know,
4952		-
4953		-1239
4954		-00:56:21,120 ~-~-> 00:56:23,490
4955		-an economic report come out, you know,
4956		-
4957		-1240
4958		-00:56:23,490 ~-~-> 00:56:25,260
4959		-five minutes ago that they had no idea
4960		-
4961		-1241
4962		-00:56:25,260 ~-~-> 00:56:26,160
4963		-was coming because they never pay
4964		-
4965		-1242
4966		-00:56:26,160 ~-~-> 00:56:27,480
4967		-attention to the economic calendar,
4968		-
4969		-1243
4970		-00:56:27,570 ~-~-> 00:56:29,910
4971		-something that a seasoned professional
4972		-
4973		-1244
4974		-00:56:29,940 ~-~-> 00:56:32,190
4975		-will always consult prior to the week
4976		-
4977		-1245
4978		-00:56:32,190 ~-~-> 00:56:35,160
4979		-beginning. In fact, I know what's coming
4980		-
4981		-1246
4982		-00:56:35,460 ~-~-> 00:56:37,200
4983		-up for the entire month and I have
4984		-
4985		-1247
4986		-00:56:37,230 ~-~-> 00:56:39,180
4987		-certain dates that I circle where
4988		-
4989		-1248
4990		-00:56:39,180 ~-~-> 00:56:40,620
4991		-there's going to be high probability
4992		-
4993		-1249
4994		-00:56:40,620 ~-~-> 00:56:43,770
4995		-volatility, okay because I view market
4996		-
4997		-1250
4998		-00:56:43,980 ~-~-> 00:56:46,680
4999		-economic indicators and reports that
5000		-
5001		-1251
5002		-00:56:46,680 ~-~-> 00:56:49,770
5003		-come out you you methodically out
5004		-
5005		-1252
5006		-00:56:49,800 ~-~-> 00:56:52,440
5007		-throughout the entire month. These
5008		-
5009		-1253
5010		-00:56:52,470 ~-~-> 00:56:54,810
5011		-reports, okay, are injections of
5012		-
5013		-1254
5014		-00:56:54,810 ~-~-> 00:56:57,240
5015		-volatility and I look for them to set up
5016		-
5017		-1255
5018		-00:56:57,240 ~-~-> 00:56:59,700
5019		-or can confirm a continuation of an
5020		-
5021		-1256
5022		-00:56:59,700 ~-~-> 00:57:01,680
5023		-exist Move on may either be a part of or
5024		-
5025		-1257
5026		-00:57:01,680 ~-~-> 00:57:03,180
5027		-looking to be a part of. So I'm
5028		-
5029		-1258
5030		-00:57:03,180 ~-~-> 00:57:05,850
5031		-anticipating versus with the neophyte
5032		-
5033		-1259
5034		-00:57:05,850 ~-~-> 00:57:09,120
5035		-traders Do you know and majority of the
5036		-
5037		-1260
5038		-00:57:09,120 ~-~-> 00:57:11,460
5039		-folks that populate these online forums
5040		-
5041		-1261
5042		-00:57:11,460 ~-~-> 00:57:14,640
5043		-that, you know, where they appear as if
5044		-
5045		-1262
5046		-00:57:14,640 ~-~-> 00:57:16,530
5047		-they may be convincing other people that
5048		-
5049		-1263
5050		-00:57:16,530 ~-~-> 00:57:17,880
5051		-they're smart or, or they're
5052		-
5053		-1264
5054		-00:57:17,880 ~-~-> 00:57:19,980
5055		-intelligent, or they have a service
5056		-
5057		-1265
5058		-00:57:19,980 ~-~-> 00:57:21,870
5059		-that's, you know, useful. So therefore,
5060		-
5061		-1266
5062		-00:57:21,870 ~-~-> 00:57:23,640
5063		-I'm going to sell for $25 a month or
5064		-
5065		-1267
5066		-00:57:23,790 ~-~-> 00:57:26,310
5067		-$120 a month or whatever, okay, those
5068		-
5069		-1268
5070		-00:57:26,310 ~-~-> 00:57:30,360
5071		-individuals, okay, they are nowhere near
5072		-
5073		-1269
5074		-00:57:30,360 ~-~-> 00:57:33,180
5075		-the degree of trader that you are
5076		-
5077		-1270
5078		-00:57:33,180 ~-~-> 00:57:35,220
5079		-looking for, you want to go beyond that,
5080		-
5081		-1271
5082		-00:57:35,280 ~-~-> 00:57:37,740
5083		-okay. And to get into the realm of what
5084		-
5085		-1272
5086		-00:57:37,740 ~-~-> 00:57:39,540
5087		-we considered an underground traders
5088		-
5089		-1273
5090		-00:57:39,540 ~-~-> 00:57:41,880
5091		-like myself, or folks that are just
5092		-
5093		-1274
5094		-00:57:41,880 ~-~-> 00:57:44,160
5095		-really out there killing it. And they
5096		-
5097		-1275
5098		-00:57:44,160 ~-~-> 00:57:46,050
5099		-don't, we don't really care, who
5100		-
5101		-1276
5102		-00:57:46,050 ~-~-> 00:57:47,580
5103		-believes what we're making. We don't we
5104		-
5105		-1277
5106		-00:57:47,580 ~-~-> 00:57:49,920
5107		-don't care about that. You want to get
5108		-
5109		-1278
5110		-00:57:49,920 ~-~-> 00:57:52,080
5111		-to that same mindset as well. Okay, and
5112		-
5113		-1279
5114		-00:57:52,080 ~-~-> 00:57:53,070
5115		-the concepts that we're going to be
5116		-
5117		-1280
5118		-00:57:53,070 ~-~-> 00:57:55,590
5119		-learning in this, this particular video
5120		-
5121		-1281
5122		-00:57:55,590 ~-~-> 00:57:59,880
5123		-itself is going to be hugely impactful
5124		-
5125		-1282
5126		-00:58:00,000 ~-~-> 00:58:02,580
5127		-Your trading if you apply it correctly,
5128		-
5129		-1283
5130		-00:58:02,880 ~-~-> 00:58:05,160
5131		-and it's very, very simple procedures,
5132		-
5133		-1284
5134		-00:58:05,280 ~-~-> 00:58:08,460
5135		-so I'm pretty confident that it won't be
5136		-
5137		-1285
5138		-00:58:08,460 ~-~-> 00:58:12,600
5139		-taken out of the intended context of how
5140		-
5141		-1286
5142		-00:58:12,600 ~-~-> 00:58:14,550
5143		-to apply it, because it's rather simple.
5144		-
5145		-1287
5146		-00:58:15,180 ~-~-> 00:58:19,410
5147		-But my advice to you is trying not to
5148		-
5149		-1288
5150		-00:58:19,410 ~-~-> 00:58:22,860
5151		-build on this and add more things to it
5152		-
5153		-1289
5154		-00:58:22,860 ~-~-> 00:58:24,210
5155		-because we're going to be talking about
5156		-
5157		-1290
5158		-00:58:24,210 ~-~-> 00:58:26,550
5159		-candlestick patterns. Okay, but there's
5160		-
5161		-1291
5162		-00:58:26,550 ~-~-> 00:58:28,530
5163		-not a whole slew of them like you see,
5164		-
5165		-1292
5166		-00:58:28,740 ~-~-> 00:58:30,720
5167		-if you pick up, you know, a candlestick
5168		-
5169		-1293
5170		-00:58:30,720 ~-~-> 00:58:33,540
5171		-charting book, you know, man, I have so
5172		-
5173		-1294
5174		-00:58:33,540 ~-~-> 00:58:35,640
5175		-many candlestick patterns, how do you?
5176		-
5177		-1295
5178		-00:58:36,300 ~-~-> 00:58:38,490
5179		-How do you arrive at what what to use?
5180		-
5181		-1296
5182		-00:58:38,550 ~-~-> 00:58:40,830
5183		-Okay, and it's just, it's just too much.
5184		-
5185		-1297
5186		-00:58:40,890 ~-~-> 00:58:44,670
5187		-Okay, it's information overload. Prior
5188		-
5189		-1298
5190		-00:58:44,670 ~-~-> 00:58:47,040
5191		-to this video series, I presented a
5192		-
5193		-1299
5194		-00:58:47,040 ~-~-> 00:58:51,240
5195		-whole plethora of general market insight
5196		-
5197		-1300
5198		-00:58:51,690 ~-~-> 00:58:55,020
5199		-because it was meant to get you focused
5200		-
5201		-1301
5202		-00:58:55,020 ~-~-> 00:58:58,290
5203		-in on what specifically is useful when
5204		-
5205		-1302
5206		-00:58:58,290 ~-~-> 00:59:00,540
5207		-you're digesting price as Moving
5208		-
5209		-1303
5210		-00:59:00,540 ~-~-> 00:59:03,000
5211		-intraday daily weekly, you want to be
5212		-
5213		-1304
5214		-00:59:03,000 ~-~-> 00:59:05,550
5215		-seeing certain things and till you
5216		-
5217		-1305
5218		-00:59:05,550 ~-~-> 00:59:09,690
5219		-identify the the, the repeating
5220		-
5221		-1306
5222		-00:59:09,690 ~-~-> 00:59:11,880
5223		-reoccurrence of certain phenomenon that
5224		-
5225		-1307
5226		-00:59:11,880 ~-~-> 00:59:14,910
5227		-takes place in price. You can't get
5228		-
5229		-1308
5230		-00:59:14,910 ~-~-> 00:59:17,370
5231		-deeper into price action study, okay?
5232		-
5233		-1309
5234		-00:59:17,460 ~-~-> 00:59:20,250
5235		-Imagine how many of you can speak
5236		-
5237		-1310
5238		-00:59:20,250 ~-~-> 00:59:23,850
5239		-Russian? I can't. So for me to learn it,
5240		-
5241		-1311
5242		-00:59:23,850 ~-~-> 00:59:25,770
5243		-I got to go through this long daunting
5244		-
5245		-1312
5246		-00:59:25,770 ~-~-> 00:59:28,470
5247		-task of understanding how to use simple
5248		-
5249		-1313
5250		-00:59:28,470 ~-~-> 00:59:31,170
5251		-terms. And, you know, maybe you're in
5252		-
5253		-1314
5254		-00:59:31,170 ~-~-> 00:59:33,240
5255		-some mannerisms, to commute to
5256		-
5257		-1315
5258		-00:59:33,420 ~-~-> 00:59:35,940
5259		-communicate that, that language in the
5260		-
5261		-1316
5262		-00:59:35,940 ~-~-> 00:59:38,490
5263		-initial stages, it's almost like, you
5264		-
5265		-1317
5266		-00:59:38,490 ~-~-> 00:59:40,290
5267		-know, when we were in kindergarten as an
5268		-
5269		-1318
5270		-00:59:40,290 ~-~-> 00:59:41,610
5271		-American, you know, when we learn
5272		-
5273		-1319
5274		-00:59:41,610 ~-~-> 00:59:43,290
5275		-English, we start with these picture
5276		-
5277		-1320
5278		-00:59:43,290 ~-~-> 00:59:45,660
5279		-forms. This is an apple, you start with
5280		-
5281		-1321
5282		-00:59:45,660 ~-~-> 00:59:46,830
5283		-a very, very,
5284		-
5285		-1322
5286		-00:59:47,670 ~-~-> 00:59:48,420
5287		-you know,
5288		-
5289		-1323
5290		-00:59:49,679 ~-~-> 00:59:52,769
5291		-limited scope in terms of understanding
5292		-
5293		-1324
5294		-00:59:52,769 ~-~-> 00:59:56,729
5295		-and you build upon that. Well, the the
5296		-
5297		-1325
5298		-00:59:56,729 ~-~-> 00:59:59,279
5299		-original onset of my information being
5300		-
5301		-1326
5302		-00:59:59,279 ~-~-> 01:00:01,889
5303		-released It went over a lot of people's
5304		-
5305		-1327
5306		-01:00:01,889 ~-~-> 01:00:03,629
5307		-heads because they were looking for the
5308		-
5309		-1328
5310		-01:00:03,659 ~-~-> 01:00:05,699
5311		-get me and get me out. And I need to do
5312		-
5313		-1329
5314		-01:00:05,699 ~-~-> 01:00:07,859
5315		-this every single day. And they didn't
5316		-
5317		-1330
5318		-01:00:07,859 ~-~-> 01:00:10,499
5319		-want to take the learning approach to
5320		-
5321		-1331
5322		-01:00:10,499 ~-~-> 01:00:13,409
5323		-understanding the market completely.
5324		-
5325		-1332
5326		-01:00:13,709 ~-~-> 01:00:15,449
5327		-Okay? There's got to be a macro
5328		-
5329		-1333
5330		-01:00:15,449 ~-~-> 01:00:17,339
5331		-perspective in your understanding.
5332		-
5333		-1334
5334		-01:00:17,759 ~-~-> 01:00:19,289
5335		-Otherwise, the things that we're going
5336		-
5337		-1335
5338		-01:00:19,289 ~-~-> 01:00:21,419
5339		-to be discussing here, okay, you're
5340		-
5341		-1336
5342		-01:00:21,419 ~-~-> 01:00:24,809
5343		-going to know if you got a full grasp on
5344		-
5345		-1337
5346		-01:00:24,809 ~-~-> 01:00:26,159
5347		-the general principles that I've
5348		-
5349		-1338
5350		-01:00:26,159 ~-~-> 01:00:28,229
5351		-released. Because if this goes over your
5352		-
5353		-1339
5354		-01:00:28,229 ~-~-> 01:00:31,139
5355		-head, you had no idea what you missed,
5356		-
5357		-1340
5358		-01:00:31,349 ~-~-> 01:00:32,789
5359		-go back over all the previous
5360		-
5361		-1341
5362		-01:00:32,789 ~-~-> 01:00:34,289
5363		-information I released on the internet,
5364		-
5365		-1342
5366		-01:00:34,589 ~-~-> 01:00:35,579
5367		-okay, and then you'll be able to
5368		-
5369		-1343
5370		-01:00:35,579 ~-~-> 01:00:36,899
5371		-understand what I'm about to share here,
5372		-
5373		-1344
5374		-01:00:37,109 ~-~-> 01:00:38,729
5375		-because it's simply not looking for a
5376		-
5377		-1345
5378		-01:00:38,729 ~-~-> 01:00:41,009
5379		-particular white or black candle, and
5380		-
5381		-1346
5382		-01:00:41,009 ~-~-> 01:00:42,119
5383		-therefore, it's going to do this every
5384		-
5385		-1347
5386		-01:00:42,119 ~-~-> 01:00:44,069
5387		-time it does. Don't Don't think that
5388		-
5389		-1348
5390		-01:00:44,099 ~-~-> 01:00:45,839
5391		-okay, but if you understand the
5392		-
5393		-1349
5394		-01:00:45,839 ~-~-> 01:00:47,519
5395		-parameters that we're going to cover,
5396		-
5397		-1350
5398		-01:00:47,939 ~-~-> 01:00:50,849
5399		-and why it's designed to do what we're
5400		-
5401		-1351
5402		-01:00:50,849 ~-~-> 01:00:53,759
5403		-anticipating, you'll, you'll see that
5404		-
5405		-1352
5406		-01:00:53,759 ~-~-> 01:00:55,679
5407		-it's not surprised you you'll know going
5408		-
5409		-1353
5410		-01:00:55,679 ~-~-> 01:00:58,079
5411		-into every week of the month that you
5412		-
5413		-1354
5414		-01:00:58,109 ~-~-> 01:00:59,819
5415		-know exactly specifically what you're
5416		-
5417		-1355
5418		-01:00:59,819 ~-~-> 01:01:01,589
5419		-looking For, you know what days of the
5420		-
5421		-1356
5422		-01:01:01,589 ~-~-> 01:01:02,729
5423		-week you're going to be looking for, you
5424		-
5425		-1357
5426		-01:01:02,729 ~-~-> 01:01:04,229
5427		-know what time of that day you're
5428		-
5429		-1358
5430		-01:01:04,229 ~-~-> 01:01:06,209
5431		-looking for it to occur. Now, does that
5432		-
5433		-1359
5434		-01:01:06,209 ~-~-> 01:01:07,649
5435		-sound like someone that's rolling the
5436		-
5437		-1360
5438		-01:01:07,649 ~-~-> 01:01:09,779
5439		-dice? Does that sound like somebody that
5440		-
5441		-1361
5442		-01:01:09,779 ~-~-> 01:01:11,009
5443		-really doesn't know what they're doing?
5444		-
5445		-1362
5446		-01:01:11,369 ~-~-> 01:01:14,759
5447		-Okay? The skills that you're going to
5448		-
5449		-1363
5450		-01:01:14,759 ~-~-> 01:01:18,719
5451		-learn, okay? are going to give you the
5452		-
5453		-1364
5454		-01:01:18,719 ~-~-> 01:01:21,539
5455		-ability to remove all of the emotions
5456		-
5457		-1365
5458		-01:01:21,539 ~-~-> 01:01:24,239
5459		-that's always plagued you. Okay? And I
5460		-
5461		-1366
5462		-01:01:24,239 ~-~-> 01:01:25,319
5463		-know some of you you're beating your,
5464		-
5465		-1367
5466		-01:01:25,409 ~-~-> 01:01:28,109
5467		-your fist on the on the couch probably
5468		-
5469		-1368
5470		-01:01:28,109 ~-~-> 01:01:29,519
5471		-or your computer desk at work, whatever,
5472		-
5473		-1369
5474		-01:01:29,729 ~-~-> 01:01:31,709
5475		-come on, ICT get to it's a whole lot of
5476		-
5477		-1370
5478		-01:01:31,709 ~-~-> 01:01:33,869
5479		-ramble here. Okay. But I really want you
5480		-
5481		-1371
5482		-01:01:33,869 ~-~-> 01:01:37,949
5483		-to understand that it's, it's important,
5484		-
5485		-1372
5486		-01:01:37,949 ~-~-> 01:01:40,199
5487		-it's crucial that you understand that
5488		-
5489		-1373
5490		-01:01:40,229 ~-~-> 01:01:47,759
5491		-this is not needed to be rocket science.
5492		-
5493		-1374
5494		-01:01:47,849 ~-~-> 01:01:50,669
5495		-Okay? If there's a lot of tools that
5496		-
5497		-1375
5498		-01:01:50,669 ~-~-> 01:01:53,309
5499		-I've shared, I've tweaked it, other
5500		-
5501		-1376
5502		-01:01:53,309 ~-~-> 01:01:55,559
5503		-people have created, I had my own little
5504		-
5505		-1377
5506		-01:01:55,559 ~-~-> 01:01:58,799
5507		-spin on it. But some of these things
5508		-
5509		-1378
5510		-01:01:58,799 ~-~-> 01:02:00,779
5511		-that are just simply They're that are
5512		-
5513		-1379
5514		-01:02:00,779 ~-~-> 01:02:03,959
5515		-very, very generic. Okay? They elude all
5516		-
5517		-1380
5518		-01:02:03,959 ~-~-> 01:02:05,909
5519		-this. And when I first started looking
5520		-
5521		-1381
5522		-01:02:05,909 ~-~-> 01:02:08,459
5523		-at charts, it eluded me as well, okay?
5524		-
5525		-1382
5526		-01:02:08,819 ~-~-> 01:02:10,919
5527		-But I'm going to strip all this stuff
5528		-
5529		-1383
5530		-01:02:10,919 ~-~-> 01:02:12,659
5531		-back and open the curtain if you will,
5532		-
5533		-1384
5534		-01:02:12,719 ~-~-> 01:02:14,189
5535		-okay? And you're going to look through
5536		-
5537		-1385
5538		-01:02:14,189 ~-~-> 01:02:17,339
5539		-the, the eyes of ICT and you're going to
5540		-
5541		-1386
5542		-01:02:17,339 ~-~-> 01:02:21,509
5543		-have ICT vision. Okay, starting now, I'm
5544		-
5545		-1387
5546		-01:02:21,509 ~-~-> 01:02:22,769
5547		-going to give you the perspective that
5548		-
5549		-1388
5550		-01:02:22,769 ~-~-> 01:02:24,149
5551		-you need as a professional trader,
5552		-
5553		-1389
5554		-01:02:24,299 ~-~-> 01:02:25,439
5555		-you're going to give you the perspective
5556		-
5557		-1390
5558		-01:02:25,469 ~-~-> 01:02:27,959
5559		-that you need to see price through the
5560		-
5561		-1391
5562		-01:02:27,959 ~-~-> 01:02:30,569
5563		-lens of a price action trader. This is
5564		-
5565		-1392
5566		-01:02:30,569 ~-~-> 01:02:32,669
5567		-what you want to be looking at and what
5568		-
5569		-1393
5570		-01:02:32,669 ~-~-> 01:02:34,109
5571		-you're hunting and what you're stalking
5572		-
5573		-1394
5574		-01:02:34,109 ~-~-> 01:02:36,659
5575		-and why you're doing it. Okay. So let's
5576		-
5577		-1395
5578		-01:02:36,659 ~-~-> 01:02:40,949
5579		-go and start working on the directional
5580		-
5581		-1396
5582		-01:02:40,979 ~-~-> 01:02:47,099
5583		-bias concepts. And hopefully, you guys
5584		-
5585		-1397
5586		-01:02:47,099 ~-~-> 01:02:48,779
5587		-are all frothing at the mouth ready to
5588		-
5589		-1398
5590		-01:02:49,589 ~-~-> 01:02:52,019
5591		-devour what is going to be shared here.
5592		-
5593		-1399
5594		-01:02:52,469 ~-~-> 01:02:54,689
5595		-Now there's going to be a very similar
5596		-
5597		-1400
5598		-01:02:55,169 ~-~-> 01:02:58,829
5599		-apparents to a few of these concepts
5600		-
5601		-1401
5602		-01:02:58,829 ~-~-> 01:03:02,279
5603		-because I've released Some videos in the
5604		-
5605		-1402
5606		-01:03:02,279 ~-~-> 01:03:05,279
5607		-past where they discovered, you know, by
5608		-
5609		-1403
5610		-01:03:05,279 ~-~-> 01:03:07,889
5611		-simply applying a moving average or to
5612		-
5613		-1404
5614		-01:03:08,189 ~-~-> 01:03:09,869
5615		-it gives me a perspective to stay with a
5616		-
5617		-1405
5618		-01:03:09,869 ~-~-> 01:03:12,989
5619		-momentum idea. Okay. And that's
5620		-
5621		-1406
5622		-01:03:12,989 ~-~-> 01:03:14,309
5623		-generally how the funds and
5624		-
5625		-1407
5626		-01:03:14,309 ~-~-> 01:03:16,649
5627		-institutional traders, you know, keep
5628		-
5629		-1408
5630		-01:03:16,649 ~-~-> 01:03:19,139
5631		-the momentum going. And it keeps you
5632		-
5633		-1409
5634		-01:03:19,139 ~-~-> 01:03:21,479
5635		-from trying to pick a top and pick a
5636		-
5637		-1410
5638		-01:03:21,479 ~-~-> 01:03:23,039
5639		-bottom when there's really no need for
5640		-
5641		-1411
5642		-01:03:23,039 ~-~-> 01:03:26,609
5643		-you to be doing that yet. Okay? What you
5644		-
5645		-1412
5646		-01:03:26,609 ~-~-> 01:03:28,199
5647		-want to do is you want to start with
5648		-
5649		-1413
5650		-01:03:28,199 ~-~-> 01:03:30,659
5651		-your daily chart, okay? Again, this is
5652		-
5653		-1414
5654		-01:03:30,659 ~-~-> 01:03:34,169
5655		-an intermediate term trading strategy,
5656		-
5657		-1415
5658		-01:03:34,199 ~-~-> 01:03:36,119
5659		-where it really is focusing on one
5660		-
5661		-1416
5662		-01:03:36,149 ~-~-> 01:03:39,149
5663		-really strong setup per week. And again,
5664		-
5665		-1417
5666		-01:03:39,149 ~-~-> 01:03:41,099
5667		-if you're a new trader, that's my advice
5668		-
5669		-1418
5670		-01:03:41,099 ~-~-> 01:03:42,689
5671		-is to start there with your demo account
5672		-
5673		-1419
5674		-01:03:42,689 ~-~-> 01:03:44,249
5675		-trading. Don't try to be in there every
5676		-
5677		-1420
5678		-01:03:44,249 ~-~-> 01:03:46,589
5679		-single day trading, but still study on
5680		-
5681		-1421
5682		-01:03:46,589 ~-~-> 01:03:48,989
5683		-an intraday basis daily after the fact.
5684		-
5685		-1422
5686		-01:03:49,169 ~-~-> 01:03:51,299
5687		-So you can get an idea what price action
5688		-
5689		-1423
5690		-01:03:51,299 ~-~-> 01:03:55,499
5691		-is doing generally, but your your daily
5692		-
5693		-1424
5694		-01:03:55,499 ~-~-> 01:03:57,599
5695		-chart is your higher timeframe. Okay,
5696		-
5697		-1425
5698		-01:03:57,599 ~-~-> 01:03:58,859
5699		-and again, we're not negating the
5700		-
5701		-1426
5702		-01:03:58,859 ~-~-> 01:04:00,629
5703		-importance of MONTH Weekly support
5704		-
5705		-1427
5706		-01:04:00,629 ~-~-> 01:04:02,159
5707		-resistance, but we're just going to be
5708		-
5709		-1428
5710		-01:04:02,159 ~-~-> 01:04:04,379
5711		-going to the daily chart as our go to
5712		-
5713		-1429
5714		-01:04:04,379 ~-~-> 01:04:06,809
5715		-high end, higher timeframe chart, okay,
5716		-
5717		-1430
5718		-01:04:06,809 ~-~-> 01:04:09,329
5719		-and go over the videos previous to this
5720		-
5721		-1431
5722		-01:04:09,329 ~-~-> 01:04:11,789
5723		-one, where it discloses what timeframe
5724		-
5725		-1432
5726		-01:04:11,789 ~-~-> 01:04:13,679
5727		-charts you would use for a particular
5728		-
5729		-1433
5730		-01:04:13,679 ~-~-> 01:04:15,719
5731		-type of trading that you may be
5732		-
5733		-1434
5734		-01:04:15,719 ~-~-> 01:04:19,049
5735		-comfortable with. Alright, so again,
5736		-
5737		-1435
5738		-01:04:19,049 ~-~-> 01:04:20,039
5739		-with the daily chart, what you're going
5740		-
5741		-1436
5742		-01:04:20,039 ~-~-> 01:04:22,049
5743		-to do is again, using mt four platform,
5744		-
5745		-1437
5746		-01:04:22,049 ~-~-> 01:04:25,019
5747		-you go up to insert, go to indicators,
5748		-
5749		-1438
5750		-01:04:25,379 ~-~-> 01:04:26,639
5751		-you're going to go down the trend,
5752		-
5753		-1439
5754		-01:04:27,389 ~-~-> 01:04:31,259
5755		-you're gonna go to moving average. And
5756		-
5757		-1440
5758		-01:04:31,259 ~-~-> 01:04:34,589
5759		-you're gonna be using the 18, period,
5760		-
5761		-1441
5762		-01:04:34,769 ~-~-> 01:04:36,659
5763		-moving average, and it doesn't matter
5764		-
5765		-1442
5766		-01:04:36,659 ~-~-> 01:04:37,829
5767		-really what colors you use, we're just
5768		-
5769		-1443
5770		-01:04:37,829 ~-~-> 01:04:39,839
5771		-gonna go with this. And then you're
5772		-
5773		-1444
5774		-01:04:39,839 ~-~-> 01:04:42,299
5775		-going to go and add another moving
5776		-
5777		-1445
5778		-01:04:42,299 ~-~-> 01:04:48,269
5779		-average. Okay, and make sure it's
5780		-
5781		-1446
5782		-01:04:48,299 ~-~-> 01:04:50,909
5783		-exponential. It's just to me, it just
5784		-
5785		-1447
5786		-01:04:50,909 ~-~-> 01:04:51,239
5787		-gives you a
5788		-
5789		-1448
5790		-01:04:51,240 ~-~-> 01:04:55,230
5791		-better smoothing factor in terms of
5792		-
5793		-1449
5794		-01:04:56,460 ~-~-> 01:04:57,990
5795		-moving average and the next period,
5796		-
5797		-1450
5798		-01:04:57,990 ~-~-> 01:05:00,930
5799		-you're going to be using a nine You want
5800		-
5801		-1451
5802		-01:05:00,930 ~-~-> 01:05:02,160
5803		-to have this color a little bit
5804		-
5805		-1452
5806		-01:05:02,160 ~-~-> 01:05:03,210
5807		-different, so we're just going to go
5808		-
5809		-1453
5810		-01:05:03,210 ~-~-> 01:05:07,920
5811		-with red. Okay, and again, the colors
5812		-
5813		-1454
5814		-01:05:07,950 ~-~-> 01:05:09,810
5815		-are not important, it's just you want to
5816		-
5817		-1455
5818		-01:05:09,810 ~-~-> 01:05:12,570
5819		-know for instance, the red one here, the
5820		-
5821		-1456
5822		-01:05:12,570 ~-~-> 01:05:14,550
5823		-nine, you want to know what that that
5824		-
5825		-1457
5826		-01:05:14,550 ~-~-> 01:05:17,850
5827		-color is in contrast to the slower 18
5828		-
5829		-1458
5830		-01:05:17,850 ~-~-> 01:05:20,310
5831		-period exponential moving average, okay?
5832		-
5833		-1459
5834		-01:05:21,600 ~-~-> 01:05:23,370
5835		-Now, the importance of having a moving
5836		-
5837		-1460
5838		-01:05:23,370 ~-~-> 01:05:26,790
5839		-average set like this, it would it gives
5840		-
5841		-1461
5842		-01:05:26,790 ~-~-> 01:05:28,740
5843		-you is it gives you insight in terms of
5844		-
5845		-1462
5846		-01:05:28,980 ~-~-> 01:05:31,500
5847		-where the institutional flow is. Okay?
5848		-
5849		-1463
5850		-01:05:31,770 ~-~-> 01:05:34,230
5851		-If you can't see the price swings for
5852		-
5853		-1464
5854		-01:05:34,230 ~-~-> 01:05:37,320
5855		-what they are naked, this will give you
5856		-
5857		-1465
5858		-01:05:38,130 ~-~-> 01:05:40,890
5859		-the again quote unquote no brainer. Now
5860		-
5861		-1466
5862		-01:05:40,890 ~-~-> 01:05:42,840
5863		-again, it's not to promise that you're
5864		-
5865		-1467
5866		-01:05:42,840 ~-~-> 01:05:44,280
5867		-never going to have a losing trade.
5868		-
5869		-1468
5870		-01:05:44,730 ~-~-> 01:05:46,650
5871		-That's not I am promised that no one
5872		-
5873		-1469
5874		-01:05:46,650 ~-~-> 01:05:49,140
5875		-ever can. But what I'm giving you here,
5876		-
5877		-1470
5878		-01:05:49,230 ~-~-> 01:05:54,300
5879		-you will not miss the two to four really
5880		-
5881		-1471
5882		-01:05:54,300 ~-~-> 01:05:57,990
5883		-handsome setups per month. Okay, and if
5884		-
5885		-1472
5886		-01:05:57,990 ~-~-> 01:05:59,760
5887		-you just do the simple math on it, it
5888		-
5889		-1473
5890		-01:05:59,760 ~-~-> 01:06:01,320
5891		-works out To be about a one shot, one
5892		-
5893		-1474
5894		-01:06:01,320 ~-~-> 01:06:06,030
5895		-kill per week. That's all you need to
5896		-
5897		-1475
5898		-01:06:06,030 ~-~-> 01:06:08,550
5899		-make a career, and I'm talking a wildly
5900		-
5901		-1476
5902		-01:06:08,550 ~-~-> 01:06:11,610
5903		-successful trading career. And I know
5904		-
5905		-1477
5906		-01:06:11,610 ~-~-> 01:06:12,990
5907		-that flies in the face of what you're
5908		-
5909		-1478
5910		-01:06:12,990 ~-~-> 01:06:15,240
5911		-expecting or what you currently
5912		-
5913		-1479
5914		-01:06:15,240 ~-~-> 01:06:17,790
5915		-understand, but I'm promising you, if
5916		-
5917		-1480
5918		-01:06:17,790 ~-~-> 01:06:20,400
5919		-someone consistently draws 50 pips every
5920		-
5921		-1481
5922		-01:06:20,400 ~-~-> 01:06:22,020
5923		-single week out of the marketplace, if
5924		-
5925		-1482
5926		-01:06:22,020 ~-~-> 01:06:24,090
5927		-you know how to do that, and you can
5928		-
5929		-1483
5930		-01:06:24,090 ~-~-> 01:06:25,830
5931		-control your equity and know how to
5932		-
5933		-1484
5934		-01:06:25,830 ~-~-> 01:06:29,190
5935		-apply it, you know, systematically, you
5936		-
5937		-1485
5938		-01:06:29,190 ~-~-> 01:06:31,680
5939		-have absolutely no idea where that can
5940		-
5941		-1486
5942		-01:06:31,680 ~-~-> 01:06:33,840
5943		-take you. And it's crazy amount of
5944		-
5945		-1487
5946		-01:06:33,840 ~-~-> 01:06:36,270
5947		-money, crazy, crazy, insane amount of
5948		-
5949		-1488
5950		-01:06:36,270 ~-~-> 01:06:39,240
5951		-money, if you understand how to do that.
5952		-
5953		-1489
5954		-01:06:39,750 ~-~-> 01:06:42,510
5955		-But the problem is, you made him You
5956		-
5957		-1490
5958		-01:06:42,510 ~-~-> 01:06:44,910
5959		-made a simple trade last week or
5960		-
5961		-1491
5962		-01:06:44,940 ~-~-> 01:06:47,310
5963		-yesterday and you love that feeling,
5964		-
5965		-1492
5966		-01:06:47,340 ~-~-> 01:06:49,440
5967		-okay? You get addicted that to that
5968		-
5969		-1493
5970		-01:06:49,440 ~-~-> 01:06:51,450
5971		-moment of astonishment. Okay, so you
5972		-
5973		-1494
5974		-01:06:51,450 ~-~-> 01:06:52,590
5975		-want to go back in there and do it
5976		-
5977		-1495
5978		-01:06:52,590 ~-~-> 01:06:53,880
5979		-again. Because you'd like that feeling
5980		-
5981		-1496
5982		-01:06:53,880 ~-~-> 01:06:56,490
5983		-you need your fix. That was the hardest
5984		-
5985		-1497
5986		-01:06:56,490 ~-~-> 01:06:58,530
5987		-thing for me to overcome. And I'm
5988		-
5989		-1498
5990		-01:06:58,530 ~-~-> 01:06:59,700
5991		-promising you that's going to be the
5992		-
5993		-1499
5994		-01:06:59,700 ~-~-> 01:07:00,660
5995		-hardest thing that you're gonna have to
5996		-
5997		-1500
5998		-01:07:00,660 ~-~-> 01:07:03,870
5999		-deal with. Because, you know, when we
6000		-
6001		-1501
6002		-01:07:03,870 ~-~-> 01:07:06,000
6003		-first get involved we can, we can expect
6004		-
6005		-1502
6006		-01:07:06,000 ~-~-> 01:07:07,710
6007		-to lose money, okay? And for whatever
6008		-
6009		-1503
6010		-01:07:07,710 ~-~-> 01:07:09,480
6011		-reason we like to block the losers out
6012		-
6013		-1504
6014		-01:07:09,510 ~-~-> 01:07:11,700
6015		-and only focus on winners, but you need
6016		-
6017		-1505
6018		-01:07:11,700 ~-~-> 01:07:13,740
6019		-to be able to look at them, you know the
6020		-
6021		-1506
6022		-01:07:13,740 ~-~-> 01:07:15,840
6023		-same way their trades and you need to
6024		-
6025		-1507
6026		-01:07:15,840 ~-~-> 01:07:17,640
6027		-learn from them. But more importantly
6028		-
6029		-1508
6030		-01:07:17,640 ~-~-> 01:07:19,890
6031		-when you make money, okay, you need to
6032		-
6033		-1509
6034		-01:07:19,890 ~-~-> 01:07:21,930
6035		-act slow when you're trying to make
6036		-
6037		-1510
6038		-01:07:21,930 ~-~-> 01:07:24,360
6039		-money, and then act fast.
6040		-
6041		-1511
6042		-01:07:24,659 ~-~-> 01:07:26,789
6043		-Okay, or react fast is the only time you
6044		-
6045		-1512
6046		-01:07:26,789 ~-~-> 01:07:28,079
6047		-get permission from ICT to be a
6048		-
6049		-1513
6050		-01:07:28,079 ~-~-> 01:07:31,019
6051		-reactionary trader. you react quickly to
6052		-
6053		-1514
6054		-01:07:31,019 ~-~-> 01:07:33,389
6055		-preserve or protect your equity or
6056		-
6057		-1515
6058		-01:07:33,389 ~-~-> 01:07:37,439
6059		-capital. You move slowly to attempt to
6060		-
6061		-1516
6062		-01:07:37,439 ~-~-> 01:07:40,709
6063		-make money, okay? fools rush in. Where
6064		-
6065		-1517
6066		-01:07:40,709 ~-~-> 01:07:44,189
6067		-wise man tread softly and slowly Okay,
6068		-
6069		-1518
6070		-01:07:44,489 ~-~-> 01:07:46,259
6071		-we don't plunge in there trying to just
6072		-
6073		-1519
6074		-01:07:46,259 ~-~-> 01:07:48,209
6075		-go in and try to make the next dollar. I
6076		-
6077		-1520
6078		-01:07:48,209 ~-~-> 01:07:50,279
6079		-want to know what I have is lined up
6080		-
6081		-1521
6082		-01:07:50,309 ~-~-> 01:07:52,139
6083		-with the higher timeframes. There's this
6084		-
6085		-1522
6086		-01:07:52,139 ~-~-> 01:07:54,179
6087		-nice support resistance level, momentum
6088		-
6089		-1523
6090		-01:07:54,179 ~-~-> 01:07:55,649
6091		-is moving higher order flows moving
6092		-
6093		-1524
6094		-01:07:55,649 ~-~-> 01:07:57,689
6095		-higher, then I'll be looking for a long
6096		-
6097		-1525
6098		-01:07:57,779 ~-~-> 01:08:00,299
6099		-okay in a kill zone based on the into
6100		-
6101		-1526
6102		-01:08:00,299 ~-~-> 01:08:02,339
6103		-retracements back in an existing price
6104		-
6105		-1527
6106		-01:08:02,339 ~-~-> 01:08:03,599
6107		-swing, and we're going to talk about
6108		-
6109		-1528
6110		-01:08:03,599 ~-~-> 01:08:05,669
6111		-that as we go along. But for now, the
6112		-
6113		-1529
6114		-01:08:05,669 ~-~-> 01:08:07,559
6115		-building block starts with having the
6116		-
6117		-1530
6118		-01:08:07,559 ~-~-> 01:08:09,359
6119		-two moving averages right here. Okay?
6120		-
6121		-1531
6122		-01:08:10,349 ~-~-> 01:08:13,709
6123		-When the nine period moving average is
6124		-
6125		-1532
6126		-01:08:13,709 ~-~-> 01:08:17,339
6127		-below the 18, what that establishes,
6128		-
6129		-1533
6130		-01:08:17,579 ~-~-> 01:08:20,279
6131		-that's your framework for
6132		-
6133		-1534
6134		-01:08:25,890 ~-~-> 01:08:29,640
6135		-when the nine period or in this case red
6136		-
6137		-1535
6138		-01:08:30,120 ~-~-> 01:08:32,550
6139		-moving average is below the blue 18.
6140		-
6141		-1536
6142		-01:08:32,550 ~-~-> 01:08:36,330
6143		-Period, okay, that establishes a bearish
6144		-
6145		-1537
6146		-01:08:37,290 ~-~-> 01:08:39,390
6147		-framework, okay, in other words, or I
6148		-
6149		-1538
6150		-01:08:39,390 ~-~-> 01:08:42,300
6151		-like to call a cell model, okay, our
6152		-
6153		-1539
6154		-01:08:42,300 ~-~-> 01:08:45,360
6155		-cell program rather. What that does is
6156		-
6157		-1540
6158		-01:08:45,360 ~-~-> 01:08:47,520
6159		-it gives you the green light go to look
6160		-
6161		-1541
6162		-01:08:47,520 ~-~-> 01:08:50,610
6163		-for selling opportunities to be a bear.
6164		-
6165		-1542
6166		-01:08:50,970 ~-~-> 01:08:52,350
6167		-Okay, are you going to be selling into
6168		-
6169		-1543
6170		-01:08:52,350 ~-~-> 01:08:56,100
6171		-rallies? Okay. And when the nine period
6172		-
6173		-1544
6174		-01:08:56,130 ~-~-> 01:08:58,410
6175		-is above the 18 period, what you're
6176		-
6177		-1545
6178		-01:08:58,410 ~-~-> 01:09:00,510
6179		-looking for is buying out opportunities
6180		-
6181		-1546
6182		-01:09:00,540 ~-~-> 01:09:03,030
6183		-where you want to be buying a dip. Okay
6184		-
6185		-1547
6186		-01:09:03,030 ~-~-> 01:09:06,060
6187		-intraday or over the course of a few
6188		-
6189		-1548
6190		-01:09:06,060 ~-~-> 01:09:09,090
6191		-days. If you're a short term trader, as
6192		-
6193		-1549
6194		-01:09:09,090 ~-~-> 01:09:11,790
6195		-we make a retracement lower, okay, all
6196		-
6197		-1550
6198		-01:09:11,790 ~-~-> 01:09:14,070
6199		-that's doing is it's creating a new buy
6200		-
6201		-1551
6202		-01:09:14,070 ~-~-> 01:09:17,880
6203		-opportunity. Okay? And that's what keeps
6204		-
6205		-1552
6206		-01:09:17,880 ~-~-> 01:09:19,620
6207		-you on the right side of the marketplace
6208		-
6209		-1553
6210		-01:09:19,620 ~-~-> 01:09:24,630
6211		-and you arrive at what was discussed a
6212		-
6213		-1554
6214		-01:09:24,630 ~-~-> 01:09:26,640
6215		-few moments ago what classifies a trade
6216		-
6217		-1555
6218		-01:09:26,640 ~-~-> 01:09:28,950
6219		-as high probability, this is high
6220		-
6221		-1556
6222		-01:09:28,950 ~-~-> 01:09:30,900
6223		-probability. Okay? And what I want to
6224		-
6225		-1557
6226		-01:09:30,900 ~-~-> 01:09:32,370
6227		-draw your attention to and here is,
6228		-
6229		-1558
6230		-01:09:32,370 ~-~-> 01:09:34,680
6231		-again, avoid the notion of having to
6232		-
6233		-1559
6234		-01:09:34,680 ~-~-> 01:09:36,390
6235		-feel like you have to pick the tops in
6236		-
6237		-1560
6238		-01:09:36,390 ~-~-> 01:09:37,740
6239		-the bottoms in the marketplace, okay?
6240		-
6241		-1561
6242		-01:09:37,980 ~-~-> 01:09:39,930
6243		-There's tools that I have that helps you
6244		-
6245		-1562
6246		-01:09:39,930 ~-~-> 01:09:41,790
6247		-do that on a higher timeframe macro
6248		-
6249		-1563
6250		-01:09:41,790 ~-~-> 01:09:43,620
6251		-perspective, but we're looking at more
6252		-
6253		-1564
6254		-01:09:43,620 ~-~-> 01:09:45,510
6255		-dynamic trading. This will allow you to
6256		-
6257		-1565
6258		-01:09:45,510 ~-~-> 01:09:47,730
6259		-get into the trenches, immediately start
6260		-
6261		-1566
6262		-01:09:47,730 ~-~-> 01:09:49,830
6263		-applying the tools, okay, on a weekly
6264		-
6265		-1567
6266		-01:09:49,830 ~-~-> 01:09:51,330
6267		-basis, and then hopefully in your demo
6268		-
6269		-1568
6270		-01:09:51,330 ~-~-> 01:09:52,590
6271		-account, you'll see the fruits of your
6272		-
6273		-1569
6274		-01:09:52,590 ~-~-> 01:09:55,800
6275		-labors. But it also is this I
6276		-
6277		-1570
6278		-01:09:55,800 ~-~-> 01:09:57,570
6279		-specifically chose this timeframe
6280		-
6281		-1571
6282		-01:09:57,690 ~-~-> 01:10:00,840
6283		-because it will it will force you To not
6284		-
6285		-1572
6286		-01:10:00,840 ~-~-> 01:10:03,300
6287		-over trade, which is one of the biggest,
6288		-
6289		-1573
6290		-01:10:03,480 ~-~-> 01:10:07,080
6291		-huge barrier for new traders. Day
6292		-
6293		-1574
6294		-01:10:07,080 ~-~-> 01:10:09,210
6295		-Trading is not everyday trading, okay?
6296		-
6297		-1575
6298		-01:10:09,390 ~-~-> 01:10:11,010
6299		-And I'm not teaching you day trading
6300		-
6301		-1576
6302		-01:10:11,010 ~-~-> 01:10:14,160
6303		-here, I'm teaching you high probability
6304		-
6305		-1577
6306		-01:10:14,280 ~-~-> 01:10:17,670
6307		-one shot one kill, kill them hard, I
6308		-
6309		-1578
6310		-01:10:17,670 ~-~-> 01:10:20,550
6311		-mean, just knock them dead type setups
6312		-
6313		-1579
6314		-01:10:20,550 ~-~-> 01:10:22,320
6315		-where if you just sit back and you wait
6316		-
6317		-1580
6318		-01:10:22,320 ~-~-> 01:10:23,520
6319		-for these types of setups and you're
6320		-
6321		-1581
6322		-01:10:23,520 ~-~-> 01:10:25,920
6323		-demonstrating, you'll see a huge
6324		-
6325		-1582
6326		-01:10:25,920 ~-~-> 01:10:28,410
6327		-increase of your, your confidence, your
6328		-
6329		-1583
6330		-01:10:28,410 ~-~-> 01:10:30,450
6331		-understanding the marketplace, you will
6332		-
6333		-1584
6334		-01:10:30,450 ~-~-> 01:10:32,910
6335		-hone your patience, you may not have
6336		-
6337		-1585
6338		-01:10:32,910 ~-~-> 01:10:35,640
6339		-patience now, but using the concepts in
6340		-
6341		-1586
6342		-01:10:35,640 ~-~-> 01:10:39,000
6343		-this series, you are forced to hone your
6344		-
6345		-1587
6346		-01:10:39,000 ~-~-> 01:10:41,790
6347		-patience. Okay. A lot of folks that I've
6348		-
6349		-1588
6350		-01:10:41,790 ~-~-> 01:10:43,770
6351		-been in contact with over the last few
6352		-
6353		-1589
6354		-01:10:43,770 ~-~-> 01:10:46,140
6355		-years because of my presence on a
6356		-
6357		-1590
6358		-01:10:46,140 ~-~-> 01:10:49,830
6359		-particular market forum. They have
6360		-
6361		-1591
6362		-01:10:49,830 ~-~-> 01:10:51,600
6363		-struggled with patience, they struggle
6364		-
6365		-1592
6366		-01:10:51,600 ~-~-> 01:10:53,850
6367		-with these, these demons if you will,
6368		-
6369		-1593
6370		-01:10:54,030 ~-~-> 01:10:57,090
6371		-internally. So I'm forcing you go back
6372		-
6373		-1594
6374		-01:10:57,090 ~-~-> 01:10:59,340
6375		-to this type of perspective. Okay, and
6376		-
6377		-1595
6378		-01:10:59,340 ~-~-> 01:11:00,900
6379		-number one is going to live Your excess
6380		-
6381		-1596
6382		-01:11:01,470 ~-~-> 01:11:03,750
6383		-trading, it'll take it down a huge
6384		-
6385		-1597
6386		-01:11:03,780 ~-~-> 01:11:05,130
6387		-notch. Okay, because you're only gonna
6388		-
6389		-1598
6390		-01:11:05,130 ~-~-> 01:11:08,280
6391		-be trading at maximum, you know, a few
6392		-
6393		-1599
6394		-01:11:08,280 ~-~-> 01:11:10,350
6395		-times a week, okay, depending upon the
6396		-
6397		-1600
6398		-01:11:10,350 ~-~-> 01:11:13,140
6399		-Killzone and the setup. And you're
6400		-
6401		-1601
6402		-01:11:13,140 ~-~-> 01:11:15,570
6403		-forced to have a much larger perspective
6404		-
6405		-1602
6406		-01:11:15,570 ~-~-> 01:11:18,660
6407		-in terms of your analysis. So really the
6408		-
6409		-1603
6410		-01:11:18,660 ~-~-> 01:11:21,660
6411		-worst case scenario, I think that a
6412		-
6413		-1604
6414		-01:11:21,660 ~-~-> 01:11:23,790
6415		-trader would have would be maybe, you
6416		-
6417		-1605
6418		-01:11:23,790 ~-~-> 01:11:26,760
6419		-know, 12 to 14 trades the entire month.
6420		-
6421		-1606
6422		-01:11:27,120 ~-~-> 01:11:29,070
6423		-And that's still might, in my opinion,
6424		-
6425		-1607
6426		-01:11:29,070 ~-~-> 01:11:31,560
6427		-that's a busy trader. And some of you
6428		-
6429		-1608
6430		-01:11:31,560 ~-~-> 01:11:33,090
6431		-guys get in here and you find 10 minutes
6432		-
6433		-1609
6434		-01:11:33,090 ~-~-> 01:11:36,120
6435		-and you catch them five or six pips and
6436		-
6437		-1610
6438		-01:11:36,120 ~-~-> 01:11:37,710
6439		-that's wonderful. If that's what you do.
6440		-
6441		-1611
6442		-01:11:37,980 ~-~-> 01:11:39,720
6443		-That's wonderful. I just think that's
6444		-
6445		-1612
6446		-01:11:39,810 ~-~-> 01:11:42,660
6447		-crazy, but I used to do it and it
6448		-
6449		-1613
6450		-01:11:42,660 ~-~-> 01:11:43,890
6451		-doesn't pay off the amount of time you
6452		-
6453		-1614
6454		-01:11:43,890 ~-~-> 01:11:46,170
6455		-put in. If you have this perspective,
6456		-
6457		-1615
6458		-01:11:46,170 ~-~-> 01:11:47,130
6459		-you're going to see it blows it out of
6460		-
6461		-1616
6462		-01:11:47,130 ~-~-> 01:11:49,170
6463		-the water. And I'm not spending a whole
6464		-
6465		-1617
6466		-01:11:49,170 ~-~-> 01:11:50,490
6467		-lot of time in front of my computers.
6468		-
6469		-1618
6470		-01:11:50,550 ~-~-> 01:11:52,170
6471		-Okay. And which is what you want to be
6472		-
6473		-1619
6474		-01:11:52,170 ~-~-> 01:11:53,730
6475		-doing to professional traders don't
6476		-
6477		-1620
6478		-01:11:54,120 ~-~-> 01:11:56,100
6479		-don't live in front of monitors. Okay,
6480		-
6481		-1621
6482		-01:11:56,130 ~-~-> 01:11:58,980
6483		-they don't do it. junkies do. Okay,
6484		-
6485		-1622
6486		-01:11:58,980 ~-~-> 01:12:02,580
6487		-action hounds, do And they may do a
6488		-
6489		-1623
6490		-01:12:02,580 ~-~-> 01:12:05,190
6491		-trading for a living, okay, but I'm not
6492		-
6493		-1624
6494		-01:12:05,190 ~-~-> 01:12:07,380
6495		-promising you their own age all the
6496		-
6497		-1625
6498		-01:12:07,380 ~-~-> 01:12:08,340
6499		-time, they're probably
6500		-
6501		-1626
6502		-01:12:09,630 ~-~-> 01:12:10,260
6503		-dumping
6504		-
6505		-1627
6506		-01:12:10,710 ~-~-> 01:12:12,960
6507		-gallons of caffeinated drinks in their
6508		-
6509		-1628
6510		-01:12:12,960 ~-~-> 01:12:15,540
6511		-body, okay? And high sugars and, and
6512		-
6513		-1629
6514		-01:12:15,570 ~-~-> 01:12:17,130
6515		-just their health probably really,
6516		-
6517		-1630
6518		-01:12:17,130 ~-~-> 01:12:19,440
6519		-really stinks in terms of, you're not
6520		-
6521		-1631
6522		-01:12:19,440 ~-~-> 01:12:21,300
6523		-being a part of the real world out away
6524		-
6525		-1632
6526		-01:12:21,300 ~-~-> 01:12:22,890
6527		-from these charts. So this is going to
6528		-
6529		-1633
6530		-01:12:22,890 ~-~-> 01:12:25,710
6531		-give you that ability to do that. So we
6532		-
6533		-1634
6534		-01:12:25,710 ~-~-> 01:12:27,960
6535		-already identified when the parameters
6536		-
6537		-1635
6538		-01:12:27,960 ~-~-> 01:12:31,350
6539		-are in place for a selling framework,
6540		-
6541		-1636
6542		-01:12:31,380 ~-~-> 01:12:33,900
6543		-okay, when the nine is below the 18, and
6544		-
6545		-1637
6546		-01:12:33,900 ~-~-> 01:12:35,490
6547		-then when the nine is above the 18,
6548		-
6549		-1638
6550		-01:12:35,730 ~-~-> 01:12:37,140
6551		-that's the framework to be a buyer.
6552		-
6553		-1639
6554		-01:12:37,410 ~-~-> 01:12:42,780
6555		-Okay? Again, do not, do not worry about
6556		-
6557		-1640
6558		-01:12:42,780 ~-~-> 01:12:46,350
6559		-catching these turning points. Okay.
6560		-
6561		-1641
6562		-01:12:46,800 ~-~-> 01:12:49,080
6563		-Don't worry about that. Because what I'm
6564		-
6565		-1642
6566		-01:12:49,080 ~-~-> 01:12:51,000
6567		-allowing you to do is you're going to
6568		-
6569		-1643
6570		-01:12:51,000 ~-~-> 01:12:55,650
6571		-run into where your trading stops being
6572		-
6573		-1644
6574		-01:12:55,650 ~-~-> 01:12:58,230
6575		-profitable, and you'll have to, number
6576		-
6577		-1645
6578		-01:12:58,230 ~-~-> 01:13:00,720
6579		-one, adjust your equity. You'll To
6580		-
6581		-1646
6582		-01:13:00,870 ~-~-> 01:13:03,630
6583		-calibrate your risk to reward, you'll
6584		-
6585		-1647
6586		-01:13:03,630 ~-~-> 01:13:06,990
6587		-have to calibrate your leverage based on
6588		-
6589		-1648
6590		-01:13:06,990 ~-~-> 01:13:09,990
6591		-your equity decline, okay? Too many
6592		-
6593		-1649
6594		-01:13:09,990 ~-~-> 01:13:12,420
6595		-folks overlook that. Okay, and this is
6596		-
6597		-1650
6598		-01:13:12,420 ~-~-> 01:13:13,830
6599		-going to force you to do those very
6600		-
6601		-1651
6602		-01:13:13,830 ~-~-> 01:13:16,710
6603		-things. Okay? professional traders and
6604		-
6605		-1652
6606		-01:13:16,710 ~-~-> 01:13:19,710
6607		-money managers, we do that always, on a
6608		-
6609		-1653
6610		-01:13:19,710 ~-~-> 01:13:21,480
6611		-daily basis, we're always looking at
6612		-
6613		-1654
6614		-01:13:21,510 ~-~-> 01:13:23,400
6615		-what we're risking what we stand to
6616		-
6617		-1655
6618		-01:13:23,400 ~-~-> 01:13:25,200
6619		-make, and how are we going to remove
6620		-
6621		-1656
6622		-01:13:25,200 ~-~-> 01:13:28,050
6623		-that risk to do zero and then lock in a
6624		-
6625		-1657
6626		-01:13:28,050 ~-~-> 01:13:30,030
6627		-profit. That's where the majority of my
6628		-
6629		-1658
6630		-01:13:30,030 ~-~-> 01:13:31,710
6631		-analysis is, it's not looking at charts
6632		-
6633		-1659
6634		-01:13:31,710 ~-~-> 01:13:33,330
6635		-and waiting for the biases. If I signals
6636		-
6637		-1660
6638		-01:13:33,330 ~-~-> 01:13:34,530
6639		-in the sell signals, that's that's the
6640		-
6641		-1661
6642		-01:13:34,530 ~-~-> 01:13:38,130
6643		-easy stuff. The hard part is knowing
6644		-
6645		-1662
6646		-01:13:38,160 ~-~-> 01:13:40,470
6647		-that the markets predisposed to go
6648		-
6649		-1663
6650		-01:13:40,470 ~-~-> 01:13:42,900
6651		-higher and in fighting that urge to risk
6652		-
6653		-1664
6654		-01:13:42,930 ~-~-> 01:13:45,450
6655		-8% of my account, you know, 20% of my
6656		-
6657		-1665
6658		-01:13:45,450 ~-~-> 01:13:47,100
6659		-account because I see this stuff happen
6660		-
6661		-1666
6662		-01:13:47,130 ~-~-> 01:13:50,910
6663		-all the time. You a reasonably expect it
6664		-
6665		-1667
6666		-01:13:50,910 ~-~-> 01:13:53,010
6667		-and anticipate it to unfold, but there's
6668		-
6669		-1668
6670		-01:13:53,010 ~-~-> 01:13:55,590
6671		-no guarantee it's going to Okay, so I'm
6672		-
6673		-1669
6674		-01:13:55,590 ~-~-> 01:13:58,410
6675		-giving you these these skills, okay to
6676		-
6677		-1670
6678		-01:13:58,680 ~-~-> 01:14:02,130
6679		-work with you Give you a mindset that
6680		-
6681		-1671
6682		-01:14:02,280 ~-~-> 01:14:05,310
6683		-hopefully will guide you to consistency.
6684		-
6685		-1672
6686		-01:14:06,480 ~-~-> 01:14:09,300
6687		-So let's look at a, just a brief sample
6688		-
6689		-1673
6690		-01:14:09,300 ~-~-> 01:14:11,250
6691		-set of how this is applicable, we're
6692		-
6693		-1674
6694		-01:14:11,250 ~-~-> 01:14:12,930
6695		-just going to go and scroll through just
6696		-
6697		-1675
6698		-01:14:12,930 ~-~-> 01:14:15,600
6699		-briefly. Okay, and we'll start here
6700		-
6701		-1676
6702		-01:14:15,600 ~-~-> 01:14:16,710
6703		-again, I'll just, I don't want to go
6704		-
6705		-1677
6706		-01:14:16,710 ~-~-> 01:14:17,940
6707		-back too far, because we could make a
6708		-
6709		-1678
6710		-01:14:17,940 ~-~-> 01:14:20,730
6711		-huge, you know, treatise over this whole
6712		-
6713		-1679
6714		-01:14:20,730 ~-~-> 01:14:22,380
6715		-thing and really not get to the other
6716		-
6717		-1680
6718		-01:14:22,380 ~-~-> 01:14:25,590
6719		-things that I want to cover. But we have
6720		-
6721		-1681
6722		-01:14:25,590 ~-~-> 01:14:28,050
6723		-the nine period break below here. Now,
6724		-
6725		-1682
6726		-01:14:28,620 ~-~-> 01:14:30,480
6727		-price can step through both of these
6728		-
6729		-1683
6730		-01:14:30,480 ~-~-> 01:14:32,340
6731		-moving averages. Okay, that's not
6732		-
6733		-1684
6734		-01:14:32,370 ~-~-> 01:14:34,290
6735		-important in here. The important fact
6736		-
6737		-1685
6738		-01:14:34,290 ~-~-> 01:14:36,690
6739		-is, is that if the nines below the 18th,
6740		-
6741		-1686
6742		-01:14:36,720 ~-~-> 01:14:39,870
6743		-your mindset is I'm looking for sell
6744		-
6745		-1687
6746		-01:14:39,870 ~-~-> 01:14:41,400
6747		-scenarios and looking for rallies to
6748		-
6749		-1688
6750		-01:14:41,400 ~-~-> 01:14:46,230
6751		-sell into, okay. And you can expect the
6752		-
6753		-1689
6754		-01:14:46,230 ~-~-> 01:14:49,110
6755		-blue line or the 18 period, okay to act
6756		-
6757		-1690
6758		-01:14:49,110 ~-~-> 01:14:50,910
6759		-as like a dynamic support resistance
6760		-
6761		-1691
6762		-01:14:50,910 ~-~-> 01:14:53,310
6763		-level, okay? I don't like trend lines. I
6764		-
6765		-1692
6766		-01:14:53,310 ~-~-> 01:14:55,680
6767		-don't have faith in them. Okay. But when
6768		-
6769		-1693
6770		-01:14:55,680 ~-~-> 01:14:58,350
6771		-you have a moving average like this, it
6772		-
6773		-1694
6774		-01:14:58,350 ~-~-> 01:15:01,200
6775		-just, it allows me to anticipate price
6776		-
6777		-1695
6778		-01:15:01,410 ~-~-> 01:15:02,940
6779		-reacting, it's very nice example of it
6780		-
6781		-1696
6782		-01:15:02,940 ~-~-> 01:15:05,460
6783		-here. Okay, a nice example of it here as
6784		-
6785		-1697
6786		-01:15:05,460 ~-~-> 01:15:07,620
6787		-well. And the bodies of the candles
6788		-
6789		-1698
6790		-01:15:07,620 ~-~-> 01:15:10,680
6791		-remained below the 18 Here, here. So
6792		-
6793		-1699
6794		-01:15:10,860 ~-~-> 01:15:12,240
6795		-even though we did have some wick step
6796		-
6797		-1700
6798		-01:15:12,240 ~-~-> 01:15:14,340
6799		-through it to body itself was unable to
6800		-
6801		-1701
6802		-01:15:14,340 ~-~-> 01:15:16,650
6803		-close above and remain lower, and you
6804		-
6805		-1702
6806		-01:15:16,650 ~-~-> 01:15:18,210
6807		-can see that the result of the market
6808		-
6809		-1703
6810		-01:15:18,240 ~-~-> 01:15:20,940
6811		-action was going to the downside. So
6812		-
6813		-1704
6814		-01:15:22,110 ~-~-> 01:15:24,720
6815		-when you have that in place, okay, you
6816		-
6817		-1705
6818		-01:15:24,720 ~-~-> 01:15:28,200
6819		-have that in place. It allows you to,
6820		-
6821		-1706
6822		-01:15:28,200 ~-~-> 01:15:30,510
6823		-number one, view the market with a
6824		-
6825		-1707
6826		-01:15:30,510 ~-~-> 01:15:33,390
6827		-higher level institutional momentum
6828		-
6829		-1708
6830		-01:15:33,420 ~-~-> 01:15:35,970
6831		-perspective. Okay? That's a whole lot of
6832		-
6833		-1709
6834		-01:15:35,970 ~-~-> 01:15:37,710
6835		-words there. And I try to I'm not trying
6836		-
6837		-1710
6838		-01:15:37,710 ~-~-> 01:15:40,560
6839		-to be wordy or sound intellectual. I'm
6840		-
6841		-1711
6842		-01:15:40,560 ~-~-> 01:15:43,080
6843		-trying to communicate the understanding
6844		-
6845		-1712
6846		-01:15:43,080 ~-~-> 01:15:44,520
6847		-that I have in the marketplace because I
6848		-
6849		-1713
6850		-01:15:44,520 ~-~-> 01:15:46,170
6851		-can't if there was a resource for me to
6852		-
6853		-1714
6854		-01:15:46,170 ~-~-> 01:15:47,700
6855		-say, hey, go to this book. And this is
6856		-
6857		-1715
6858		-01:15:47,700 ~-~-> 01:15:49,260
6859		-what it teaches you I would have saved
6860		-
6861		-1716
6862		-01:15:49,260 ~-~-> 01:15:50,910
6863		-myself a lot of trouble. But there's no
6864		-
6865		-1717
6866		-01:15:50,910 ~-~-> 01:15:52,260
6867		-books out that I'm aware of, and I have
6868		-
6869		-1718
6870		-01:15:52,260 ~-~-> 01:15:54,990
6871		-a huge library of it. So I this is the
6872		-
6873		-1719
6874		-01:15:54,990 ~-~-> 01:15:56,970
6875		-way for me to create it like a language
6876		-
6877		-1720
6878		-01:15:56,970 ~-~-> 01:15:58,890
6879		-or vocabulary for us to interact so you
6880		-
6881		-1721
6882		-01:15:58,890 ~-~-> 01:16:02,790
6883		-can understand the concept Okay, so when
6884		-
6885		-1722
6886		-01:16:02,790 ~-~-> 01:16:05,700
6887		-we have the nine period above it above
6888		-
6889		-1723
6890		-01:16:05,700 ~-~-> 01:16:07,920
6891		-the 18, we're buying and when the nine
6892		-
6893		-1724
6894		-01:16:07,920 ~-~-> 01:16:09,480
6895		-periods below the 18 we're selling,
6896		-
6897		-1725
6898		-01:16:09,690 ~-~-> 01:16:12,780
6899		-okay? That by itself will get you into a
6900		-
6901		-1726
6902		-01:16:12,780 ~-~-> 01:16:15,420
6903		-whole lot of wonderful, sweet little
6904		-
6905		-1727
6906		-01:16:15,570 ~-~-> 01:16:17,790
6907		-sweet spots in the market, we can just
6908		-
6909		-1728
6910		-01:16:17,790 ~-~-> 01:16:19,710
6911		-take these opportunities and be happy
6912		-
6913		-1729
6914		-01:16:19,710 ~-~-> 01:16:22,530
6915		-with that. But because I'm ICT that's
6916		-
6917		-1730
6918		-01:16:22,530 ~-~-> 01:16:24,210
6919		-not enough, okay, I got to take it to
6920		-
6921		-1731
6922		-01:16:24,210 ~-~-> 01:16:26,070
6923		-the nth degree. And we're going to be
6924		-
6925		-1732
6926		-01:16:26,070 ~-~-> 01:16:28,890
6927		-looking at how we can further amplify
6928		-
6929		-1733
6930		-01:16:28,920 ~-~-> 01:16:31,740
6931		-the effectiveness of directional bias
6932		-
6933		-1734
6934		-01:16:31,800 ~-~-> 01:16:35,220
6935		-understanding with now we're going to
6936		-
6937		-1735
6938		-01:16:36,000 ~-~-> 01:16:37,770
6939		-look at a series
6940		-
6941		-1736
6942		-01:16:40,890 ~-~-> 01:16:41,940
6943		-Okay, of
6944		-
6945		-1737
6946		-01:16:45,210 ~-~-> 01:16:50,610
6947		-we'll just use a slow area to okay in
6948		-
6949		-1738
6950		-01:16:50,610 ~-~-> 01:16:59,820
6951		-here, that was a by area from this point
6952		-
6953		-1739
6954		-01:16:59,820 ~-~-> 01:17:07,860
6955		-in Here, here was a buying area. And
6956		-
6957		-1740
6958		-01:17:10,590 ~-~-> 01:17:22,320
6959		-right in here became a selling framework
6960		-
6961		-1741
6962		-01:17:22,320 ~-~-> 01:17:24,360
6963		-where you're really just focusing on
6964		-
6965		-1742
6966		-01:17:25,110 ~-~-> 01:17:30,600
6967		-being a bear. And we'll just use that
6968		-
6969		-1743
6970		-01:17:30,810 ~-~-> 01:17:34,710
6971		-because that's a nice little price swing
6972		-
6973		-1744
6974		-01:17:34,710 ~-~-> 01:17:37,230
6975		-in here we can work with it. And what
6976		-
6977		-1745
6978		-01:17:37,230 ~-~-> 01:17:38,670
6979		-I'm going to do now is I'm going to take
6980		-
6981		-1746
6982		-01:17:38,670 ~-~-> 01:17:39,990
6983		-the moving averages off because while
6984		-
6985		-1747
6986		-01:17:39,990 ~-~-> 01:17:44,010
6987		-we've already established where the
6988		-
6989		-1748
6990		-01:17:44,010 ~-~-> 01:17:46,020
6991		-averages have communicated the
6992		-
6993		-1749
6994		-01:17:46,830 ~-~-> 01:17:48,120
6995		-bullishness or bearishness that we
6996		-
6997		-1750
6998		-01:17:48,120 ~-~-> 01:17:50,160
6999		-should be focusing on Okay, so now with
7000		-
7001		-1751
7002		-01:17:50,160 ~-~-> 01:17:52,290
7003		-those moving averages way, we're going
7004		-
7005		-1752
7006		-01:17:52,290 ~-~-> 01:17:56,100
7007		-to apply now market structure and order
7008		-
7009		-1753
7010		-01:17:56,100 ~-~-> 01:17:59,190
7011		-flow. Okay and or market flow, whatever
7012		-
7013		-1754
7014		-01:17:59,190 ~-~-> 01:18:01,800
7015		-you want to call it, but The premise of
7016		-
7017		-1755
7018		-01:18:01,800 ~-~-> 01:18:03,660
7019		-where swing highs are taken out to the
7020		-
7021		-1756
7022		-01:18:03,660 ~-~-> 01:18:05,850
7023		-upside. Okay, that is momentum on the
7024		-
7025		-1757
7026		-01:18:05,850 ~-~-> 01:18:09,540
7027		-upside, in addition to when you have
7028		-
7029		-1758
7030		-01:18:09,660 ~-~-> 01:18:11,970
7031		-these little areas where market is
7032		-
7033		-1759
7034		-01:18:11,970 ~-~-> 01:18:13,470
7035		-generally looking to move higher or
7036		-
7037		-1760
7038		-01:18:13,470 ~-~-> 01:18:15,690
7039		-lower based on just two components
7040		-
7041		-1761
7042		-01:18:15,690 ~-~-> 01:18:18,450
7043		-blended together. And what I mean by
7044		-
7045		-1762
7046		-01:18:18,450 ~-~-> 01:18:20,640
7047		-that, well, we're going to go up to the
7048		-
7049		-1763
7050		-01:18:20,640 ~-~-> 01:18:24,360
7051		-indicator thing here on Mt four. And,
7052		-
7053		-1764
7054		-01:18:24,750 ~-~-> 01:18:28,620
7055		-again, I do not require a five day or
7056		-
7057		-1765
7058		-01:18:28,620 ~-~-> 01:18:30,330
7059		-five candle pattern to create
7060		-
7061		-1766
7062		-01:18:31,140 ~-~-> 01:18:31,920
7063		-a fractal.
7064		-
7065		-1767
7066		-01:18:32,220 ~-~-> 01:18:35,310
7067		-Okay, and when I say fractal, it's this
7068		-
7069		-1768
7070		-01:18:35,310 ~-~-> 01:18:39,660
7071		-little thingamabob, that's on Mt four.
7072		-
7073		-1769
7074		-01:18:42,150 ~-~-> 01:18:43,590
7075		-And I probably should use a different
7076		-
7077		-1770
7078		-01:18:43,590 ~-~-> 01:18:47,460
7079		-color, which I'm going to do now. And
7080		-
7081		-1771
7082		-01:18:47,460 ~-~-> 01:18:50,250
7083		-we're just going to use we'll use red
7084		-
7085		-1772
7086		-01:18:50,250 ~-~-> 01:18:55,020
7087		-that'll pop off pretty good. All right.
7088		-
7089		-1773
7090		-01:18:57,000 ~-~-> 01:19:00,810
7091		-In here, we have a fractal. Hi Basically
7092		-
7093		-1774
7094		-01:19:00,810 ~-~-> 01:19:01,950
7095		-a swing high. In other words, it's a
7096		-
7097		-1775
7098		-01:19:01,950 ~-~-> 01:19:05,400
7099		-candle with two lower high candles on
7100		-
7101		-1776
7102		-01:19:05,400 ~-~-> 01:19:07,770
7103		-both sides of it. For me and my trading,
7104		-
7105		-1777
7106		-01:19:07,800 ~-~-> 01:19:10,200
7107		-I simply use this candle with the higher
7108		-
7109		-1778
7110		-01:19:10,200 ~-~-> 01:19:11,970
7111		-low here, I'm sorry with a lower high
7112		-
7113		-1779
7114		-01:19:11,970 ~-~-> 01:19:13,680
7115		-here and a lower high here, okay,
7116		-
7117		-1780
7118		-01:19:14,010 ~-~-> 01:19:16,320
7119		-between this pattern inside this candle,
7120		-
7121		-1781
7122		-01:19:16,320 ~-~-> 01:19:18,360
7123		-this angle and this candle, that alone
7124		-
7125		-1782
7126		-01:19:18,390 ~-~-> 01:19:20,070
7127		-would have presented a swing high to me
7128		-
7129		-1783
7130		-01:19:20,070 ~-~-> 01:19:21,630
7131		-and if that was violated on the upside,
7132		-
7133		-1784
7134		-01:19:21,900 ~-~-> 01:19:23,160
7135		-you know, that would have been enough
7136		-
7137		-1785
7138		-01:19:23,160 ~-~-> 01:19:27,810
7139		-for me. Okay. We have a swing high here,
7140		-
7141		-1786
7142		-01:19:28,410 ~-~-> 01:19:30,600
7143		-we have a swing low here, we have a
7144		-
7145		-1787
7146		-01:19:30,600 ~-~-> 01:19:33,750
7147		-swing swing low here as well. Now, as
7148		-
7149		-1788
7150		-01:19:33,750 ~-~-> 01:19:35,250
7151		-price moved
7152		-
7153		-1789
7154		-01:19:35,760 ~-~-> 01:19:36,480
7155		-above,
7156		-
7157		-1790
7158		-01:19:37,200 ~-~-> 01:19:40,170
7159		-this swing high here right there. Now we
7160		-
7161		-1791
7162		-01:19:40,170 ~-~-> 01:19:43,110
7163		-have both swing high broken out or Mark
7164		-
7165		-1792
7166		-01:19:43,110 ~-~-> 01:19:46,950
7167		-structure has shifted upwards, while
7168		-
7169		-1793
7170		-01:19:46,950 ~-~-> 01:19:49,080
7171		-we're in an area where those two moving
7172		-
7173		-1794
7174		-01:19:49,080 ~-~-> 01:19:52,410
7175		-averages are implied. Momentum is
7176		-
7177		-1795
7178		-01:19:52,410 ~-~-> 01:19:54,810
7179		-bullish, okay. So from this point, one
7180		-
7181		-1796
7182		-01:19:56,850 ~-~-> 01:20:01,860
7183		-here We are looking to be a buyer. We're
7184		-
7185		-1797
7186		-01:20:01,860 ~-~-> 01:20:03,180
7187		-gonna be looking for a retracement of
7188		-
7189		-1798
7190		-01:20:03,180 ~-~-> 01:20:06,360
7191		-some sorts okay to be a buyer in okay
7192		-
7193		-1799
7194		-01:20:07,740 ~-~-> 01:20:11,100
7195		-now you see a minor little retracement
7196		-
7197		-1800
7198		-01:20:11,100 ~-~-> 01:20:14,190
7199		-in here and then it rallies off. Now
7200		-
7201		-1801
7202		-01:20:14,190 ~-~-> 01:20:15,570
7203		-even though we have a bearish candle
7204		-
7205		-1802
7206		-01:20:15,570 ~-~-> 01:20:18,660
7207		-here, okay we did move higher just in
7208		-
7209		-1803
7210		-01:20:18,660 ~-~-> 01:20:21,990
7211		-terms of pips from the time it broke
7212		-
7213		-1804
7214		-01:20:21,990 ~-~-> 01:20:24,090
7215		-this, this swing high here. We're going
7216		-
7217		-1805
7218		-01:20:24,090 ~-~-> 01:20:25,770
7219		-to use that range to the high up here.
7220		-
7221		-1806
7222		-01:20:26,460 ~-~-> 01:20:31,680
7223		-That's 179 pips. Okay 179 pips? That's
7224		-
7225		-1807
7226		-01:20:31,680 ~-~-> 01:20:34,950
7227		-inside of one week. Do you think you can
7228		-
7229		-1808
7230		-01:20:34,950 ~-~-> 01:20:37,530
7231		-get 50 pips out of that? Is it
7232		-
7233		-1809
7234		-01:20:37,530 ~-~-> 01:20:39,570
7235		-reasonable to think that one would be
7236		-
7237		-1810
7238		-01:20:39,570 ~-~-> 01:20:42,030
7239		-able to? I hope, I hope do you think
7240		-
7241		-1811
7242		-01:20:42,030 ~-~-> 01:20:45,960
7243		-that at least, okay. Again, we have
7244		-
7245		-1812
7246		-01:20:46,380 ~-~-> 01:20:50,340
7247		-price still above the swing high and the
7248		-
7249		-1813
7250		-01:20:50,340 ~-~-> 01:20:52,140
7251		-only recent swing low prior to that
7252		-
7253		-1814
7254		-01:20:52,140 ~-~-> 01:20:54,210
7255		-point is here. So as long as prices and
7256		-
7257		-1815
7258		-01:20:54,210 ~-~-> 01:20:56,550
7259		-break that swing low, we are still
7260		-
7261		-1816
7262		-01:20:56,580 ~-~-> 01:20:59,220
7263		-bullish. We have a swing low form here.
7264		-
7265		-1817
7266		-01:20:59,850 ~-~-> 01:21:01,470
7267		-But Notice that that's the only one
7268		-
7269		-1818
7270		-01:21:01,470 ~-~-> 01:21:03,600
7271		-since this one was formed. So Mark
7272		-
7273		-1819
7274		-01:21:03,600 ~-~-> 01:21:05,640
7275		-structure and order flow suggests that
7276		-
7277		-1820
7278		-01:21:06,510 ~-~-> 01:21:08,400
7279		-we are still go for buying
7280		-
7281		-1821
7282		-01:21:08,400 ~-~-> 01:21:12,030
7283		-opportunities. Okay? Now price retraces
7284		-
7285		-1822
7286		-01:21:12,030 ~-~-> 01:21:15,330
7287		-again, okay inside of this range, and we
7288		-
7289		-1823
7290		-01:21:15,330 ~-~-> 01:21:18,090
7291		-broke this swing high here. So when that
7292		-
7293		-1824
7294		-01:21:18,090 ~-~-> 01:21:21,120
7295		-breaks, this is the range. Right here,
7296		-
7297		-1825
7298		-01:21:21,120 ~-~-> 01:21:24,690
7299		-this is that little price move here. If
7300		-
7301		-1826
7302		-01:21:24,690 ~-~-> 01:21:26,850
7303		-we looked at just that range alone,
7304		-
7305		-1827
7306		-01:21:26,880 ~-~-> 01:21:28,290
7307		-again, we're working on a daily chart
7308		-
7309		-1828
7310		-01:21:28,290 ~-~-> 01:21:30,780
7311		-guys, this is not an intraday chart. If
7312		-
7313		-1829
7314		-01:21:30,780 ~-~-> 01:21:36,750
7315		-I look at using the fib, john draw so
7316		-
7317		-1830
7318		-01:21:36,750 ~-~-> 01:21:39,720
7319		-you guys can see. Here's the 79 cent
7320		-
7321		-1831
7322		-01:21:39,720 ~-~-> 01:21:42,210
7323		-tracer level right in here. Okay, now
7324		-
7325		-1832
7326		-01:21:42,210 ~-~-> 01:21:44,820
7327		-true, it violated just a little bit, but
7328		-
7329		-1833
7330		-01:21:44,820 ~-~-> 01:21:49,140
7331		-ultimately it spent very little time
7332		-
7333		-1834
7334		-01:21:49,200 ~-~-> 01:21:51,030
7335		-Okay, blowing through it going on
7336		-
7337		-1835
7338		-01:21:51,030 ~-~-> 01:21:54,630
7339		-downside and we moved higher again. That
7340		-
7341		-1836
7342		-01:21:54,630 ~-~-> 01:22:00,150
7343		-by itself is insightful because Number
7344		-
7345		-1837
7346		-01:22:00,150 ~-~-> 01:22:03,300
7347		-one, it allows you to understand where
7348		-
7349		-1838
7350		-01:22:03,300 ~-~-> 01:22:06,120
7351		-these fractals are forming. Okay? And
7352		-
7353		-1839
7354		-01:22:06,120 ~-~-> 01:22:07,530
7355		-I'm saying fractal and sense of the
7356		-
7357		-1840
7358		-01:22:07,530 ~-~-> 01:22:09,780
7359		-price pattern, not these little errors,
7360		-
7361		-1841
7362		-01:22:09,810 ~-~-> 01:22:11,550
7363		-okay, and that's probably confusing. I
7364		-
7365		-1842
7366		-01:22:11,550 ~-~-> 01:22:12,780
7367		-wish they would have named this
7368		-
7369		-1843
7370		-01:22:12,810 ~-~-> 01:22:16,020
7371		-indicator for these swing high swing
7372		-
7373		-1844
7374		-01:22:16,020 ~-~-> 01:22:18,570
7375		-lows is something different. But Bill
7376		-
7377		-1845
7378		-01:22:18,570 ~-~-> 01:22:19,950
7379		-Williams, for whatever reason, felt he
7380		-
7381		-1846
7382		-01:22:19,950 ~-~-> 01:22:22,200
7383		-needed to call it that. It's not a
7384		-
7385		-1847
7386		-01:22:22,200 ~-~-> 01:22:24,450
7387		-fractal, by my definition, or many
7388		-
7389		-1848
7390		-01:22:24,450 ~-~-> 01:22:26,430
7391		-others if he if he really looked around.
7392		-
7393		-1849
7394		-01:22:27,840 ~-~-> 01:22:30,270
7395		-But we have a price rally from in here,
7396		-
7397		-1850
7398		-01:22:30,510 ~-~-> 01:22:32,370
7399		-up here. Now we're going to talk about
7400		-
7401		-1851
7402		-01:22:32,370 ~-~-> 01:22:33,990
7403		-how this could have been viewed in
7404		-
7405		-1852
7406		-01:22:33,990 ~-~-> 01:22:37,770
7407		-advance before this happening, where
7408		-
7409		-1853
7410		-01:22:38,610 ~-~-> 01:22:41,700
7411		-overhear something goes on, that's
7412		-
7413		-1854
7414		-01:22:41,700 ~-~-> 01:22:45,330
7415		-useful to tell when there would be an
7416		-
7417		-1855
7418		-01:22:45,330 ~-~-> 01:22:48,150
7419		-opportunity to be a buyer. But before we
7420		-
7421		-1856
7422		-01:22:48,150 ~-~-> 01:22:49,380
7423		-get to that, here's another opportunity
7424		-
7425		-1857
7426		-01:22:49,380 ~-~-> 01:22:51,870
7427		-just by using the the range that's 130
7428		-
7429		-1858
7430		-01:22:51,870 ~-~-> 01:22:54,900
7431		-pips from that point to hear again,
7432		-
7433		-1859
7434		-01:22:55,110 ~-~-> 01:22:58,080
7435		-within a week's time, so there's plenty
7436		-
7437		-1860
7438		-01:22:58,080 ~-~-> 01:23:01,440
7439		-of opportunity to be profitable, okay
7440		-
7441		-1861
7442		-01:23:01,440 ~-~-> 01:23:04,890
7443		-and catch your 50 pips or so a week and
7444		-
7445		-1862
7446		-01:23:04,890 ~-~-> 01:23:06,150
7447		-again, I'm trying to give you a
7448		-
7449		-1863
7450		-01:23:06,150 ~-~-> 01:23:09,120
7451		-realistic low end objective that flies
7452		-
7453		-1864
7454		-01:23:09,120 ~-~-> 01:23:10,530
7455		-against everybody else teaching that you
7456		-
7457		-1865
7458		-01:23:10,530 ~-~-> 01:23:12,450
7459		-got to make 2000 pips a month, okay
7460		-
7461		-1866
7462		-01:23:12,450 ~-~-> 01:23:13,740
7463		-because you don't need to do it my
7464		-
7465		-1867
7466		-01:23:13,740 ~-~-> 01:23:15,330
7467		-question is this if these guys are
7468		-
7469		-1868
7470		-01:23:15,330 ~-~-> 01:23:17,820
7471		-making 2000 pips a month, okay? Or
7472		-
7473		-1869
7474		-01:23:17,820 ~-~-> 01:23:20,790
7475		-20,000 pips a year Why aren't they
7476		-
7477		-1870
7478		-01:23:20,790 ~-~-> 01:23:24,300
7479		-billionaires? Think about that driver
7480		-
7481		-1871
7482		-01:23:24,300 ~-~-> 01:23:27,300
7483		-everybody's selling courses. Why is
7484		-
7485		-1872
7486		-01:23:27,330 ~-~-> 01:23:30,150
7487		-there a billionaire out there? Okay, cuz
7488		-
7489		-1873
7490		-01:23:30,150 ~-~-> 01:23:32,490
7491		-it's crap. Okay look,
7492		-
7493		-1874
7494		-01:23:32,670 ~-~-> 01:23:34,770
7495		-you can have a million pips all you want
7496		-
7497		-1875
7498		-01:23:34,920 ~-~-> 01:23:36,330
7499		-it's how much you manage your money
7500		-
7501		-1876
7502		-01:23:36,330 ~-~-> 01:23:38,310
7503		-behind those pips. Okay? And I guarantee
7504		-
7505		-1877
7506		-01:23:38,310 ~-~-> 01:23:41,940
7507		-you 99% of them don't do right things
7508		-
7509		-1878
7510		-01:23:41,940 ~-~-> 01:23:43,620
7511		-with their equity in their money. So
7512		-
7513		-1879
7514		-01:23:43,620 ~-~-> 01:23:44,940
7515		-just simply because you're showing me a
7516		-
7517		-1880
7518		-01:23:44,940 ~-~-> 01:23:46,950
7519		-spreadsheet or you have a video on
7520		-
7521		-1881
7522		-01:23:46,950 ~-~-> 01:23:48,480
7523		-YouTube saying you made you know X
7524		-
7525		-1882
7526		-01:23:48,480 ~-~-> 01:23:50,490
7527		-amount of pips means absolutely nothing
7528		-
7529		-1883
7530		-01:23:50,490 ~-~-> 01:23:51,870
7531		-to me and it shouldn't mean nothing to
7532		-
7533		-1884
7534		-01:23:51,870 ~-~-> 01:23:55,860
7535		-you. Okay? So, again, think you don't
7536		-
7537		-1885
7538		-01:23:55,860 ~-~-> 01:23:56,970
7539		-need a whole lot. So if we're going to
7540		-
7541		-1886
7542		-01:23:56,970 ~-~-> 01:23:59,610
7543		-focus in just on 50 pips a week, that's
7544		-
7545		-1887
7546		-01:23:59,610 ~-~-> 01:24:02,220
7547		-a really realistic obtainable goal, and
7548		-
7549		-1888
7550		-01:24:02,220 ~-~-> 01:24:03,570
7551		-it's something that could be duplicated
7552		-
7553		-1889
7554		-01:24:03,600 ~-~-> 01:24:05,040
7555		-over and over and over again, it's like
7556		-
7557		-1890
7558		-01:24:05,040 ~-~-> 01:24:07,170
7559		-a, like a cookie cutter approach. You
7560		-
7561		-1891
7562		-01:24:07,170 ~-~-> 01:24:08,910
7563		-keep doing the same thing over and over
7564		-
7565		-1892
7566		-01:24:08,910 ~-~-> 01:24:11,580
7567		-and over again. Sometimes you run out of
7568		-
7569		-1893
7570		-01:24:11,580 ~-~-> 01:24:13,260
7571		-dough. Okay? And what you got to do, you
7572		-
7573		-1894
7574		-01:24:13,260 ~-~-> 01:24:15,180
7575		-got to follow it up and work it out.
7576		-
7577		-1895
7578		-01:24:15,180 ~-~-> 01:24:17,250
7579		-Again, spread thin, spread a thinner, it
7580		-
7581		-1896
7582		-01:24:17,250 ~-~-> 01:24:19,320
7583		-means risk less, okay, cut back your
7584		-
7585		-1897
7586		-01:24:19,320 ~-~-> 01:24:21,450
7587		-equity. Okay? And then you keep doing
7588		-
7589		-1898
7590		-01:24:21,450 ~-~-> 01:24:23,040
7591		-that same thing, milk it for all it's
7592		-
7593		-1899
7594		-01:24:23,040 ~-~-> 01:24:24,330
7595		-worth doing the same thing, don't
7596		-
7597		-1900
7598		-01:24:24,330 ~-~-> 01:24:25,830
7599		-deviate, don't change the parameters.
7600		-
7601		-1901
7602		-01:24:26,070 ~-~-> 01:24:28,140
7603		-And then by approaching the market like
7604		-
7605		-1902
7606		-01:24:28,140 ~-~-> 01:24:29,370
7607		-that, number one, you're not gonna be
7608		-
7609		-1903
7610		-01:24:29,370 ~-~-> 01:24:30,630
7611		-surprised when you lose money because
7612		-
7613		-1904
7614		-01:24:30,630 ~-~-> 01:24:31,860
7615		-you're going to know that okay, that
7616		-
7617		-1905
7618		-01:24:31,860 ~-~-> 01:24:33,300
7619		-didn't work and I'm not going to be
7620		-
7621		-1906
7622		-01:24:33,330 ~-~-> 01:24:35,220
7623		-jumping back in again because my system
7624		-
7625		-1907
7626		-01:24:35,490 ~-~-> 01:24:37,740
7627		-or method or parameter says that I
7628		-
7629		-1908
7630		-01:24:37,740 ~-~-> 01:24:41,010
7631		-can't. So I'm limiting my exposure in my
7632		-
7633		-1909
7634		-01:24:41,010 ~-~-> 01:24:42,570
7635		-engagement to the marketplace to just
7636		-
7637		-1910
7638		-01:24:42,570 ~-~-> 01:24:46,200
7639		-this okay. Which is hugely important
7640		-
7641		-1911
7642		-01:24:46,200 ~-~-> 01:24:48,990
7643		-because 90% of traders don't do that.
7644		-
7645		-1912
7646		-01:24:49,140 ~-~-> 01:24:53,070
7647		-Okay. Now, even in here, now, this is
7648		-
7649		-1913
7650		-01:24:53,070 ~-~-> 01:24:55,530
7651		-why I don't like candlesticks because
7652		-
7653		-1914
7654		-01:24:55,530 ~-~-> 01:24:58,650
7655		-it's very deceiving. If you are looking
7656		-
7657		-1915
7658		-01:24:58,650 ~-~-> 01:25:02,070
7659		-at price action one specific manner and
7660		-
7661		-1916
7662		-01:25:02,070 ~-~-> 01:25:04,650
7663		-then what I mean by that is this. We
7664		-
7665		-1917
7666		-01:25:04,650 ~-~-> 01:25:07,410
7667		-have a low here, okay? And if you look
7668		-
7669		-1918
7670		-01:25:07,410 ~-~-> 01:25:09,450
7671		-at the range between this low of this
7672		-
7673		-1919
7674		-01:25:09,450 ~-~-> 01:25:11,880
7675		-candle to this candle here, we have a
7676		-
7677		-1920
7678		-01:25:11,880 ~-~-> 01:25:13,770
7679		-price swing. Okay, if you looked on a
7680		-
7681		-1921
7682		-01:25:13,770 ~-~-> 01:25:16,740
7683		-lower intraday price model, you'll see
7684		-
7685		-1922
7686		-01:25:16,740 ~-~-> 01:25:18,210
7687		-that this is a very nice price swing,
7688		-
7689		-1923
7690		-01:25:18,540 ~-~-> 01:25:21,120
7691		-okay, it's disguised many times because
7692		-
7693		-1924
7694		-01:25:21,450 ~-~-> 01:25:23,610
7695		-many, many folks don't even look at a
7696		-
7697		-1925
7698		-01:25:23,610 ~-~-> 01:25:25,830
7699		-daily chart, but this here is a range
7700		-
7701		-1926
7702		-01:25:25,890 ~-~-> 01:25:28,830
7703		-Okay, this is a tradable range. If you
7704		-
7705		-1927
7706		-01:25:28,830 ~-~-> 01:25:31,230
7707		-look at what was available from that
7708		-
7709		-1928
7710		-01:25:31,230 ~-~-> 01:25:34,710
7711		-retracement, okay again, cancel the idea
7712		-
7713		-1929
7714		-01:25:34,710 ~-~-> 01:25:36,570
7715		-of this being a bearish candle this
7716		-
7717		-1930
7718		-01:25:36,870 ~-~-> 01:25:39,420
7719		-bearish candle this bearish candle price
7720		-
7721		-1931
7722		-01:25:39,420 ~-~-> 01:25:43,620
7723		-moves from this low to this candles high
7724		-
7725		-1932
7726		-01:25:43,620 ~-~-> 01:25:48,930
7727		-here it's 123 pips again that was made
7728		-
7729		-1933
7730		-01:25:49,050 ~-~-> 01:25:52,500
7731		-during bearish candles, okay, even
7732		-
7733		-1934
7734		-01:25:52,500 ~-~-> 01:25:54,030
7735		-though the market did come down here i'm
7736		-
7737		-1935
7738		-01:25:54,030 ~-~-> 01:25:57,000
7739		-not i'm not you know ignoring the
7740		-
7741		-1936
7742		-01:25:57,000 ~-~-> 01:25:58,440
7743		-elephant in the room here if you will,
7744		-
7745		-1937
7746		-01:25:58,710 ~-~-> 01:26:01,110
7747		-on this two or three Day down move. I'm
7748		-
7749		-1938
7750		-01:26:01,110 ~-~-> 01:26:03,060
7751		-not suggesting that didn't occur or
7752		-
7753		-1939
7754		-01:26:03,060 ~-~-> 01:26:04,800
7755		-wasn't significant. What I'm stating to
7756		-
7757		-1940
7758		-01:26:04,800 ~-~-> 01:26:07,350
7759		-you is if you stick to the model of
7760		-
7761		-1941
7762		-01:26:07,440 ~-~-> 01:26:09,570
7763		-looking at the low to high and then
7764		-
7765		-1942
7766		-01:26:09,570 ~-~-> 01:26:12,330
7767		-retracement during an ideal timeframe,
7768		-
7769		-1943
7770		-01:26:12,480 ~-~-> 01:26:14,550
7771		-okay? Notice we didn't break this swing
7772		-
7773		-1944
7774		-01:26:14,550 ~-~-> 01:26:16,440
7775		-low that formed here we came down into
7776		-
7777		-1945
7778		-01:26:16,440 ~-~-> 01:26:18,420
7779		-the range between that candles low and
7780		-
7781		-1946
7782		-01:26:18,420 ~-~-> 01:26:21,240
7783		-this candles high if we use our fib
7784		-
7785		-1947
7786		-01:26:22,950 ~-~-> 01:26:27,330
7787		-Okay, pull that up. Okay, we have a
7788		-
7789		-1948
7790		-01:26:27,330 ~-~-> 01:26:29,400
7791		-reasonable idea where to anticipate
7792		-
7793		-1949
7794		-01:26:29,400 ~-~-> 01:26:32,280
7795		-again, where the the low should form,
7796		-
7797		-1950
7798		-01:26:32,730 ~-~-> 01:26:37,500
7799		-okay? And if you looked at probably
7800		-
7801		-1951
7802		-01:26:37,500 ~-~-> 01:26:39,000
7803		-splitting hairs, but I really want to
7804		-
7805		-1952
7806		-01:26:39,330 ~-~-> 01:26:41,550
7807		-communicate this well. We're only
7808		-
7809		-1953
7810		-01:26:41,550 ~-~-> 01:26:44,700
7811		-talking about 11 pips from where the
7812		-
7813		-1954
7814		-01:26:44,700 ~-~-> 01:26:45,930
7815		-center lines that chase one level is and
7816		-
7817		-1955
7818		-01:26:45,930 ~-~-> 01:26:47,520
7819		-where the actual low that candle formed.
7820		-
7821		-1956
7822		-01:26:47,940 ~-~-> 01:26:50,610
7823		-Okay. So, again, when we get to stop
7824		-
7825		-1957
7826		-01:26:50,610 ~-~-> 01:26:53,700
7827		-loss placement and, you know, overall
7828		-
7829		-1958
7830		-01:26:54,360 ~-~-> 01:26:56,670
7831		-risk controls, you're going to see that
7832		-
7833		-1959
7834		-01:26:56,670 ~-~-> 01:26:59,460
7835		-there's simply no reason to fear where
7836		-
7837		-1960
7838		-01:26:59,460 ~-~-> 01:27:01,350
7839		-you should be placed. Stop at, okay,
7840		-
7841		-1961
7842		-01:27:01,380 ~-~-> 01:27:03,480
7843		-there's no there's no reason to, to
7844		-
7845		-1962
7846		-01:27:03,480 ~-~-> 01:27:05,940
7847		-guess as to, you know, am I going to get
7848		-
7849		-1963
7850		-01:27:05,940 ~-~-> 01:27:07,860
7851		-stopped out and fearing it also, because
7852		-
7853		-1964
7854		-01:27:07,860 ~-~-> 01:27:09,090
7855		-if you get stopped out where we're going
7856		-
7857		-1965
7858		-01:27:09,090 ~-~-> 01:27:10,770
7859		-to teach you, you need to be getting out
7860		-
7861		-1966
7862		-01:27:10,770 ~-~-> 01:27:12,240
7863		-of the market there, okay? Because it's
7864		-
7865		-1967
7866		-01:27:12,240 ~-~-> 01:27:13,920
7867		-probably gonna be much more of a move in
7868		-
7869		-1968
7870		-01:27:13,920 ~-~-> 01:27:16,590
7871		-against you then if you were to stay in,
7872		-
7873		-1969
7874		-01:27:16,620 ~-~-> 01:27:19,800
7875		-okay. So we have an opportunity to be a
7876		-
7877		-1970
7878		-01:27:19,800 ~-~-> 01:27:23,190
7879		-buyer here as well the market comes
7880		-
7881		-1971
7882		-01:27:23,190 ~-~-> 01:27:25,860
7883		-down, creates another consolidation and
7884		-
7885		-1972
7886		-01:27:25,860 ~-~-> 01:27:27,360
7887		-then moves out of the consolidation.
7888		-
7889		-1973
7890		-01:27:27,630 ~-~-> 01:27:30,330
7891		-Okay, and the market structure and order
7892		-
7893		-1974
7894		-01:27:30,330 ~-~-> 01:27:33,900
7895		-flow shifts bearish here, when we trade
7896		-
7897		-1975
7898		-01:27:33,930 ~-~-> 01:27:36,270
7899		-low, lower right there, because we broke
7900		-
7901		-1976
7902		-01:27:36,270 ~-~-> 01:27:38,340
7903		-that swing low. Now when this broke
7904		-
7905		-1977
7906		-01:27:38,340 ~-~-> 01:27:41,430
7907		-down, okay, we have to wait for another
7908		-
7909		-1978
7910		-01:27:41,430 ~-~-> 01:27:44,100
7911		-shift in market momentum. Okay. And this
7912		-
7913		-1979
7914		-01:27:44,100 ~-~-> 01:27:46,470
7915		-is the reason why I do not like this
7916		-
7917		-1980
7918		-01:27:46,470 ~-~-> 01:27:49,380
7919		-little fractal indicator, okay? Because
7920		-
7921		-1981
7922		-01:27:49,380 ~-~-> 01:27:51,450
7923		-remember, I told you earlier, that all I
7924		-
7925		-1982
7926		-01:27:51,450 ~-~-> 01:27:54,030
7927		-require is three bars, or three candles
7928		-
7929		-1983
7930		-01:27:54,030 ~-~-> 01:27:56,520
7931		-to create a swing high. that's occurring
7932		-
7933		-1984
7934		-01:27:56,520 ~-~-> 01:27:59,250
7935		-right here. Notice there's an absence of
7936		-
7937		-1985
7938		-01:27:59,250 ~-~-> 01:28:02,250
7939		-fractal error. Like it says here, that's
7940		-
7941		-1986
7942		-01:28:02,250 ~-~-> 01:28:06,720
7943		-because this big old candle here, okay?
7944		-
7945		-1987
7946		-01:28:07,530 ~-~-> 01:28:09,840
7947		-It's high was above this candle is high,
7948		-
7949		-1988
7950		-01:28:10,080 ~-~-> 01:28:12,420
7951		-which would negate the formation of this
7952		-
7953		-1989
7954		-01:28:12,450 ~-~-> 01:28:16,290
7955		-arrow or an arrow like this a fractal up
7956		-
7957		-1990
7958		-01:28:16,470 ~-~-> 01:28:19,530
7959		-arrow, because the parameters require
7960		-
7961		-1991
7962		-01:28:19,530 ~-~-> 01:28:21,510
7963		-this candle to be a lower high than this
7964		-
7965		-1992
7966		-01:28:21,510 ~-~-> 01:28:26,250
7967		-one. But is this not a swing high? Yes.
7968		-
7969		-1993
7970		-01:28:27,180 ~-~-> 01:28:29,970
7971		-Because it has a lower high on both
7972		-
7973		-1994
7974		-01:28:29,970 ~-~-> 01:28:31,650
7975		-sides of it. Okay, so this is a swing
7976		-
7977		-1995
7978		-01:28:31,650 ~-~-> 01:28:33,510
7979		-high. As soon as this candle broke here,
7980		-
7981		-1996
7982		-01:28:33,540 ~-~-> 01:28:34,890
7983		-we're back on the bullish momentum.
7984		-
7985		-1997
7986		-01:28:35,400 ~-~-> 01:28:37,590
7987		-Okay, and then we entered this range
7988		-
7989		-1998
7990		-01:28:37,590 ~-~-> 01:28:41,190
7991		-here. Okay, we started another series of
7992		-
7993		-1999
7994		-01:28:41,640 ~-~-> 01:28:44,070
7995		-days where those two moving averages
7996		-
7997		-2000
7998		-01:28:44,070 ~-~-> 01:28:46,710
7999		-have the nine above the moving average,
8000		-
8001		-2001
8002		-01:28:46,800 ~-~-> 01:28:49,260
8003		-so that we're in a bullish framework
8004		-
8005		-2002
8006		-01:28:49,740 ~-~-> 01:28:52,530
8007		-when market structure is bullish, okay,
8008		-
8009		-2003
8010		-01:28:52,530 ~-~-> 01:28:54,900
8011		-because, again, we see this swing high
8012		-
8013		-2004
8014		-01:28:54,900 ~-~-> 01:28:57,240
8015		-here, when it broke to the upside. Now
8016		-
8017		-2005
8018		-01:28:57,240 ~-~-> 01:29:01,260
8019		-we have to wait okay. and expect to see
8020		-
8021		-2006
8022		-01:29:01,260 ~-~-> 01:29:03,930
8023		-the nine be above the 18. Again, we're
8024		-
8025		-2007
8026		-01:29:03,930 ~-~-> 01:29:07,950
8027		-looking at a daily chart. During this
8028		-
8029		-2008
8030		-01:29:07,950 ~-~-> 01:29:09,060
8031		-time period, what you're gonna be
8032		-
8033		-2009
8034		-01:29:09,060 ~-~-> 01:29:11,280
8035		-looking for is opportunities where price
8036		-
8037		-2010
8038		-01:29:11,280 ~-~-> 01:29:13,890
8039		-again, find support, pulls back within a
8040		-
8041		-2011
8042		-01:29:13,890 ~-~-> 01:29:16,770
8043		-range, okay either on a four hour chart
8044		-
8045		-2012
8046		-01:29:16,770 ~-~-> 01:29:19,560
8047		-or an a one hour chart, and when you see
8048		-
8049		-2013
8050		-01:29:19,560 ~-~-> 01:29:20,580
8051		-what we're going to be talking about
8052		-
8053		-2014
8054		-01:29:20,670 ~-~-> 01:29:22,530
8055		-later on in this video, what you're
8056		-
8057		-2015
8058		-01:29:22,530 ~-~-> 01:29:25,860
8059		-specifically looking for and hunting 90%
8060		-
8061		-2016
8062		-01:29:25,860 ~-~-> 01:29:27,270
8063		-of time, it's there and there's no
8064		-
8065		-2017
8066		-01:29:27,270 ~-~-> 01:29:29,250
8067		-reason for you to rush the chase price.
8068		-
8069		-2018
8070		-01:29:29,400 ~-~-> 01:29:31,200
8071		-If he doesn't do these types of things.
8072		-
8073		-2019
8074		-01:29:31,920 ~-~-> 01:29:34,470
8075		-You don't take a trade. Okay? So again,
8076		-
8077		-2020
8078		-01:29:34,470 ~-~-> 01:29:37,440
8079		-we're looking to be a buyer here and all
8080		-
8081		-2021
8082		-01:29:37,440 ~-~-> 01:29:40,380
8083		-the ranges in here again, with all these
8084		-
8085		-2022
8086		-01:29:40,380 ~-~-> 01:29:42,450
8087		-candlestick patterns, you could have all
8088		-
8089		-2023
8090		-01:29:42,450 ~-~-> 01:29:44,550
8091		-kinds of articles and such Oh, these are
8092		-
8093		-2024
8094		-01:29:44,550 ~-~-> 01:29:48,810
8095		-the spinning tops. These are the dogies
8096		-
8097		-2025
8098		-01:29:48,810 ~-~-> 01:29:50,700
8099		-and, and you know, whatever you want to
8100		-
8101		-2026
8102		-01:29:50,700 ~-~-> 01:29:54,600
8103		-call it, the boxcar Willie's I don't I
8104		-
8105		-2027
8106		-01:29:54,600 ~-~-> 01:29:57,030
8107		-am not a subscriber of you know a
8108		-
8109		-2028
8110		-01:29:57,030 ~-~-> 01:29:59,280
8111		-plethora of candlestick patterns.
8112		-
8113		-2029
8114		-01:29:59,430 ~-~-> 01:30:01,860
8115		-Really. I like The doji is long legged
8116		-
8117		-2030
8118		-01:30:01,860 ~-~-> 01:30:06,210
8119		-dojis the hammers, and I like railroad
8120		-
8121		-2031
8122		-01:30:06,210 ~-~-> 01:30:09,510
8123		-tracks. And that's about it. I don't
8124		-
8125		-2032
8126		-01:30:09,510 ~-~-> 01:30:10,980
8127		-have any other faith in any other
8128		-
8129		-2033
8130		-01:30:10,980 ~-~-> 01:30:13,830
8131		-patterns. So you can kind of like leave
8132		-
8133		-2034
8134		-01:30:13,830 ~-~-> 01:30:15,270
8135		-that in your notebook. Don't ever ask me
8136		-
8137		-2035
8138		-01:30:15,270 ~-~-> 01:30:16,590
8139		-about candlestick patterns outside of
8140		-
8141		-2036
8142		-01:30:16,590 ~-~-> 01:30:18,330
8143		-those, because I don't subscribe to the
8144		-
8145		-2037
8146		-01:30:18,330 ~-~-> 01:30:22,110
8147		-views that are useful. Okay. Now, on a
8148		-
8149		-2038
8150		-01:30:22,110 ~-~-> 01:30:24,630
8151		-daily chart, we have the highs in here,
8152		-
8153		-2039
8154		-01:30:24,780 ~-~-> 01:30:26,640
8155		-okay, and look at the bodies of these
8156		-
8157		-2040
8158		-01:30:26,640 ~-~-> 01:30:29,070
8159		-candles, you see that? This is where I
8160		-
8161		-2041
8162		-01:30:29,070 ~-~-> 01:30:31,560
8163		-like candles. Okay, these are these
8164		-
8165		-2042
8166		-01:30:31,560 ~-~-> 01:30:33,540
8167		-ideas that I think are beneficial to
8168		-
8169		-2043
8170		-01:30:33,540 ~-~-> 01:30:37,740
8171		-using candlesticks. Do you see how this
8172		-
8173		-2044
8174		-01:30:37,740 ~-~-> 01:30:41,220
8175		-dealing range level? Okay, if we take
8176		-
8177		-2045
8178		-01:30:41,220 ~-~-> 01:30:44,670
8179		-that out. See on the buys account here,
8180		-
8181		-2046
8182		-01:30:45,180 ~-~-> 01:30:47,730
8183		-the opening was at that level to close
8184		-
8185		-2047
8186		-01:30:47,760 ~-~-> 01:30:49,980
8187		-that candle was at that same level. The
8188		-
8189		-2048
8190		-01:30:49,980 ~-~-> 01:30:52,680
8191		-opening was just a pip below that level
8192		-
8193		-2049
8194		-01:30:52,680 ~-~-> 01:30:54,990
8195		-here. And the close of that candle was
8196		-
8197		-2050
8198		-01:30:55,080 ~-~-> 01:30:57,810
8199		-I'm sorry, um, I've been saying that
8200		-
8201		-2051
8202		-01:30:57,810 ~-~-> 01:31:00,000
8203		-wrong. Sorry. the close of this case.
8204		-
8205		-2052
8206		-01:31:00,000 ~-~-> 01:31:02,520
8207		-handle is on that and the open on this
8208		-
8209		-2053
8210		-01:31:02,520 ~-~-> 01:31:04,860
8211		-candle is at that same level and the
8212		-
8213		-2054
8214		-01:31:04,860 ~-~-> 01:31:07,140
8215		-close of that candle is a pit below it.
8216		-
8217		-2055
8218		-01:31:07,530 ~-~-> 01:31:09,900
8219		-And the open on this candle is right at
8220		-
8221		-2056
8222		-01:31:09,900 ~-~-> 01:31:14,190
8223		-that same level. Do you see this candle
8224		-
8225		-2057
8226		-01:31:14,190 ~-~-> 01:31:17,220
8227		-here? Okay, after we had a little minor
8228		-
8229		-2058
8230		-01:31:17,220 ~-~-> 01:31:19,770
8231		-retracement here, okay, we got a
8232		-
8233		-2059
8234		-01:31:19,770 ~-~-> 01:31:22,620
8235		-retracement. This is the range because
8236		-
8237		-2060
8238		-01:31:22,620 ~-~-> 01:31:24,660
8239		-we have this dealing range here when
8240		-
8241		-2061
8242		-01:31:24,660 ~-~-> 01:31:27,540
8243		-price broke through it, okay, see how
8244		-
8245		-2062
8246		-01:31:27,540 ~-~-> 01:31:30,300
8247		-this is a swing high and see how this is
8248		-
8249		-2063
8250		-01:31:30,300 ~-~-> 01:31:30,960
8251		-a swing high
8252		-
8253		-2064
8254		-01:31:32,670 ~-~-> 01:31:34,320
8255		-when price broke through it.
8256		-
8257		-2065
8258		-01:31:35,580 ~-~-> 01:31:37,740
8259		-market structure confirms once again
8260		-
8261		-2066
8262		-01:31:37,740 ~-~-> 01:31:40,770
8263		-that it's on the upside, okay. But we
8264		-
8265		-2067
8266		-01:31:40,770 ~-~-> 01:31:43,410
8267		-also have this dealing range support. So
8268		-
8269		-2068
8270		-01:31:43,410 ~-~-> 01:31:47,400
8271		-we broke through this. Now, just because
8272		-
8273		-2069
8274		-01:31:47,430 ~-~-> 01:31:49,020
8275		-this would be classified as support
8276		-
8277		-2070
8278		-01:31:49,020 ~-~-> 01:31:51,870
8279		-level or resistance turn support does
8280		-
8281		-2071
8282		-01:31:51,870 ~-~-> 01:31:54,090
8283		-not mean that price needs to get back
8284		-
8285		-2072
8286		-01:31:54,090 ~-~-> 01:31:56,910
8287		-down there. Okay, so what do you how do
8288		-
8289		-2073
8290		-01:31:56,910 ~-~-> 01:31:58,950
8291		-we use that information? Well, if you
8292		-
8293		-2074
8294		-01:31:58,950 ~-~-> 01:32:02,370
8295		-pulled your fib From that level up to
8296		-
8297		-2075
8298		-01:32:02,370 ~-~-> 01:32:05,610
8299		-the range high, which is here, okay,
8300		-
8301		-2076
8302		-01:32:05,610 ~-~-> 01:32:07,830
8303		-that can look as we pulled down into
8304		-
8305		-2077
8306		-01:32:07,860 ~-~-> 01:32:10,950
8307		-intraday okay. inside of that range you
8308		-
8309		-2078
8310		-01:32:10,950 ~-~-> 01:32:13,980
8311		-come right down to that 70.5 level,
8312		-
8313		-2079
8314		-01:32:14,040 ~-~-> 01:32:15,450
8315		-okay, you see how that's useful to you?
8316		-
8317		-2080
8318		-01:32:15,900 ~-~-> 01:32:19,410
8319		-We retraced within that. So having that
8320		-
8321		-2081
8322		-01:32:20,640 ~-~-> 01:32:22,830
8323		-that gives you a an idea again where to
8324		-
8325		-2082
8326		-01:32:22,830 ~-~-> 01:32:25,680
8327		-anticipate price action to retrace into
8328		-
8329		-2083
8330		-01:32:27,210 ~-~-> 01:32:32,250
8331		-that's not that's not all of the
8332		-
8333		-2084
8334		-01:32:33,450 ~-~-> 01:32:36,210
8335		-characteristics we look for. But we will
8336		-
8337		-2085
8338		-01:32:36,210 ~-~-> 01:32:38,010
8339		-be looking at other things that you
8340		-
8341		-2086
8342		-01:32:38,010 ~-~-> 01:32:41,340
8343		-know, allow us to break down on a four
8344		-
8345		-2087
8346		-01:32:41,340 ~-~-> 01:32:43,740
8347		-hour chart where we can also look for
8348		-
8349		-2088
8350		-01:32:44,100 ~-~-> 01:32:45,960
8351		-you know, institutional order flow to
8352		-
8353		-2089
8354		-01:32:45,960 ~-~-> 01:32:47,430
8355		-support the idea and the notion that we
8356		-
8357		-2090
8358		-01:32:47,430 ~-~-> 01:32:49,560
8359		-should be expecting higher prices. And
8360		-
8361		-2091
8362		-01:32:49,560 ~-~-> 01:32:51,150
8363		-again, we move higher higher higher
8364		-
8365		-2092
8366		-01:32:51,180 ~-~-> 01:32:54,030
8367		-higher swing lows here, okay, again are
8368		-
8369		-2093
8370		-01:32:54,030 ~-~-> 01:32:56,160
8371		-higher in each successive move higher.
8372		-
8373		-2094
8374		-01:32:56,640 ~-~-> 01:32:58,710
8375		-Okay, and then we see market structure
8376		-
8377		-2095
8378		-01:32:59,610 ~-~-> 01:33:03,150
8379		-break down in here, okay. And we did
8380		-
8381		-2096
8382		-01:33:03,150 ~-~-> 01:33:04,590
8383		-rally off again in here a little bit.
8384		-
8385		-2097
8386		-01:33:04,710 ~-~-> 01:33:08,430
8387		-Okay? While we're in this screen by
8388		-
8389		-2098
8390		-01:33:08,520 ~-~-> 01:33:10,140
8391		-framework where we overall would still
8392		-
8393		-2099
8394		-01:33:10,140 ~-~-> 01:33:12,570
8395		-be looking for opportunities to be a
8396		-
8397		-2100
8398		-01:33:12,570 ~-~-> 01:33:18,000
8399		-long trader I want you to see the, the
8400		-
8401		-2101
8402		-01:33:18,000 ~-~-> 01:33:21,570
8403		-low here, or this low here, either one
8404		-
8405		-2102
8406		-01:33:21,600 ~-~-> 01:33:23,910
8407		-very close in proximity, but we're going
8408		-
8409		-2103
8410		-01:33:23,910 ~-~-> 01:33:25,200
8411		-to use this one here. If you look at
8412		-
8413		-2104
8414		-01:33:25,200 ~-~-> 01:33:29,760
8415		-that low up to this high, you see that I
8416		-
8417		-2105
8418		-01:33:29,760 ~-~-> 01:33:32,460
8419		-move the fit over here so you can see
8420		-
8421		-2106
8422		-01:33:32,460 ~-~-> 01:33:38,850
8423		-the lines. Here we are. I did was I use
8424		-
8425		-2107
8426		-01:33:38,850 ~-~-> 01:33:40,950
8427		-the range of this low to this high
8428		-
8429		-2108
8430		-01:33:40,950 ~-~-> 01:33:43,020
8431		-again, it's the daily chart, price comes
8432		-
8433		-2109
8434		-01:33:43,020 ~-~-> 01:33:45,120
8435		-right down into what level the 79
8436		-
8437		-2110
8438		-01:33:45,180 ~-~-> 01:33:46,800
8439		-penetration level. Look how many
8440		-
8441		-2111
8442		-01:33:46,830 ~-~-> 01:33:49,230
8443		-opportunities where price stayed within
8444		-
8445		-2112
8446		-01:33:49,230 ~-~-> 01:33:52,170
8447		-that optimal range, okay? And rallied up
8448		-
8449		-2113
8450		-01:33:53,670 ~-~-> 01:33:55,890
8451		-if you look at where we were in regards
8452		-
8453		-2114
8454		-01:33:55,890 ~-~-> 01:33:59,970
8455		-to that price movement. Again, using the
8456		-
8457		-2115
8458		-01:34:01,140 ~-~-> 01:34:04,020
8459		-bodies of the candles up to the high of
8460		-
8461		-2116
8462		-01:34:04,020 ~-~-> 01:34:06,810
8463		-this candle right here. That's 156 pips.
8464		-
8465		-2117
8466		-01:34:06,930 ~-~-> 01:34:10,860
8467		-Again 156 pips within a few days that's
8468		-
8469		-2118
8470		-01:34:10,860 ~-~-> 01:34:14,520
8471		-inside of one week's range. There should
8472		-
8473		-2119
8474		-01:34:14,520 ~-~-> 01:34:15,900
8475		-be no reason why you can't capture at
8476		-
8477		-2120
8478		-01:34:15,900 ~-~-> 01:34:19,650
8479		-least 50 pips out of that. Okay, the
8480		-
8481		-2121
8482		-01:34:19,650 ~-~-> 01:34:22,890
8483		-opportunity here, okay. The bottom line
8484		-
8485		-2122
8486		-01:34:22,890 ~-~-> 01:34:24,450
8487		-is, is there's opportunity for you to
8488		-
8489		-2123
8490		-01:34:24,450 ~-~-> 01:34:28,170
8491		-make money and still quote unquote be
8492		-
8493		-2124
8494		-01:34:28,170 ~-~-> 01:34:31,110
8495		-wrong because ultimately the market did
8496		-
8497		-2125
8498		-01:34:31,140 ~-~-> 01:34:33,210
8499		-move lower outside of this area here,
8500		-
8501		-2126
8502		-01:34:33,270 ~-~-> 01:34:37,410
8503		-okay. And then we moved into a selling
8504		-
8505		-2127
8506		-01:34:37,410 ~-~-> 01:34:40,650
8507		-framework. Okay, you have the market
8508		-
8509		-2128
8510		-01:34:40,650 ~-~-> 01:34:42,240
8511		-breaking down making lower lows
8512		-
8513		-2129
8514		-01:34:43,500 ~-~-> 01:34:44,940
8515		-and lower highs.
8516		-
8517		-2130
8518		-01:34:45,660 ~-~-> 01:34:48,480
8519		-So we have this swing high here, with a
8520		-
8521		-2131
8522		-01:34:48,480 ~-~-> 01:34:50,640
8523		-fractal. Now I got to change this
8524		-
8525		-2132
8526		-01:34:50,670 ~-~-> 01:34:52,230
8527		-fractal to a different color because it
8528		-
8529		-2133
8530		-01:34:52,230 ~-~-> 01:34:56,190
8531		-will not be seen against the red. So we
8532		-
8533		-2134
8534		-01:34:56,190 ~-~-> 01:34:58,560
8535		-had this fractal low here. price breaks
8536		-
8537		-2135
8538		-01:34:58,560 ~-~-> 01:35:01,590
8539		-down through it. Again confirming that
8540		-
8541		-2136
8542		-01:35:01,590 ~-~-> 01:35:05,640
8543		-we are in both concepts agreeing with
8544		-
8545		-2137
8546		-01:35:05,640 ~-~-> 01:35:07,590
8547		-lower prices we have the two moving
8548		-
8549		-2138
8550		-01:35:07,590 ~-~-> 01:35:09,150
8551		-averages the nine is going to be below
8552		-
8553		-2139
8554		-01:35:09,150 ~-~-> 01:35:11,370
8555		-the 18. Remember we marked out this box
8556		-
8557		-2140
8558		-01:35:11,670 ~-~-> 01:35:13,170
8559		-that was giving you the bearish
8560		-
8561		-2141
8562		-01:35:13,170 ~-~-> 01:35:15,090
8563		-framework to expect lower prices
8564		-
8565		-2142
8566		-01:35:15,210 ~-~-> 01:35:16,980
8567		-momentum wise institutionally they're
8568		-
8569		-2143
8570		-01:35:16,980 ~-~-> 01:35:18,720
8571		-going to be looking for order flows
8572		-
8573		-2144
8574		-01:35:18,720 ~-~-> 01:35:22,350
8575		-lower. Okay. And you see technically
8576		-
8577		-2145
8578		-01:35:22,650 ~-~-> 01:35:24,390
8579		-they are moving lower because we see
8580		-
8581		-2146
8582		-01:35:24,390 ~-~-> 01:35:27,240
8583		-those swing low here right down. Okay.
8584		-
8585		-2147
8586		-01:35:27,540 ~-~-> 01:35:29,520
8587		-So when you see that happen, you're
8588		-
8589		-2148
8590		-01:35:29,520 ~-~-> 01:35:30,360
8591		-gonna be doing is you're gonna be
8592		-
8593		-2149
8594		-01:35:30,360 ~-~-> 01:35:33,570
8595		-looking for the ranges. Okay, to form
8596		-
8597		-2150
8598		-01:35:33,840 ~-~-> 01:35:35,370
8599		-you're gonna be looking for rallies,
8600		-
8601		-2151
8602		-01:35:35,850 ~-~-> 01:35:37,380
8603		-you're going to sell into those rallies.
8604		-
8605		-2152
8606		-01:35:38,550 ~-~-> 01:35:40,950
8607		-See this low here and we see the price
8608		-
8609		-2153
8610		-01:35:40,950 ~-~-> 01:35:45,720
8611		-actually move up here this high down to
8612		-
8613		-2154
8614		-01:35:45,720 ~-~-> 01:35:51,150
8615		-that low to the 62% retracement level.
8616		-
8617		-2155
8618		-01:35:51,390 ~-~-> 01:35:56,160
8619		-Okay. And, again, we're going to discuss
8620		-
8621		-2156
8622		-01:35:56,340 ~-~-> 01:36:00,000
8623		-a concept that is useful in terms of you
8624		-
8625		-2157
8626		-01:36:00,000 ~-~-> 01:36:02,040
8627		-institutional order flow, where we can
8628		-
8629		-2158
8630		-01:36:02,070 ~-~-> 01:36:03,930
8631		-again identify areas on the lower
8632		-
8633		-2159
8634		-01:36:03,930 ~-~-> 01:36:05,940
8635		-timeframe where this is again one more
8636		-
8637		-2160
8638		-01:36:05,940 ~-~-> 01:36:10,770
8639		-area where order flow and short term
8640		-
8641		-2161
8642		-01:36:10,800 ~-~-> 01:36:13,290
8643		-market structure shifting and where
8644		-
8645		-2162
8646		-01:36:13,380 ~-~-> 01:36:15,270
8647		-institutional order blocks are retreated
8648		-
8649		-2163
8650		-01:36:15,270 ~-~-> 01:36:18,420
8651		-into to get a another piece of the pie
8652		-
8653		-2164
8654		-01:36:18,420 ~-~-> 01:36:19,650
8655		-if you will, before they start to move
8656		-
8657		-2165
8658		-01:36:19,650 ~-~-> 01:36:21,750
8659		-lower. You can see when when the market
8660		-
8661		-2166
8662		-01:36:21,750 ~-~-> 01:36:22,980
8663		-moved up into that range, it did not
8664		-
8665		-2167
8666		-01:36:22,980 ~-~-> 01:36:24,240
8667		-spend a whole lot of time there and
8668		-
8669		-2168
8670		-01:36:24,240 ~-~-> 01:36:25,920
8671		-that's why you had this very thin wick.
8672		-
8673		-2169
8674		-01:36:26,400 ~-~-> 01:36:28,200
8675		-Okay, the market opened here,
8676		-
8677		-2170
8678		-01:36:29,460 ~-~-> 01:36:30,480
8679		-rallied up
8680		-
8681		-2171
8682		-01:36:31,410 ~-~-> 01:36:33,210
8683		-and then traded lower and close lower
8684		-
8685		-2172
8686		-01:36:33,210 ~-~-> 01:36:35,640
8687		-that's creates that black bar. Okay, the
8688		-
8689		-2173
8690		-01:36:35,640 ~-~-> 01:36:42,540
8691		-close is near the low of the day. You
8692		-
8693		-2174
8694		-01:36:42,540 ~-~-> 01:36:43,860
8695		-can see the clothes on this candle is
8696		-
8697		-2175
8698		-01:36:43,890 ~-~-> 01:36:55,980
8699		-130 64 with the low at 130 47
8700		-
8701		-2176
8702		-01:37:21,480 ~-~-> 01:37:23,910
8703		-Okay, as price moves lower, it's breaks
8704		-
8705		-2177
8706		-01:37:24,360 ~-~-> 01:37:29,100
8707		-each new successive lower swing lows and
8708		-
8709		-2178
8710		-01:37:29,130 ~-~-> 01:37:31,950
8711		-each swing high is lower as well. Now we
8712		-
8713		-2179
8714		-01:37:31,950 ~-~-> 01:37:36,000
8715		-have, again an opportunity where the
8716		-
8717		-2180
8718		-01:37:36,000 ~-~-> 01:37:38,850
8719		-market creates a swing low here, trades
8720		-
8721		-2181
8722		-01:37:38,850 ~-~-> 01:37:43,500
8723		-lower, okay and comes back here and
8724		-
8725		-2182
8726		-01:37:43,500 ~-~-> 01:37:46,050
8727		-takes out this, this swing high. Okay?
8728		-
8729		-2183
8730		-01:37:47,820 ~-~-> 01:37:50,970
8731		-That's going to happen a few different
8732		-
8733		-2184
8734		-01:37:50,970 ~-~-> 01:37:53,040
8735		-times while we are in training
8736		-
8737		-2185
8738		-01:37:53,040 ~-~-> 01:37:54,390
8739		-environments because again, you're going
8740		-
8741		-2186
8742		-01:37:54,390 ~-~-> 01:37:56,610
8743		-to come back and take the stops and
8744		-
8745		-2187
8746		-01:37:56,610 ~-~-> 01:37:58,860
8747		-search for liquidity. Whenever you see
8748		-
8749		-2188
8750		-01:37:58,860 ~-~-> 01:38:00,300
8751		-swing highs like this on a daily chart
8752		-
8753		-2189
8754		-01:38:00,300 ~-~-> 01:38:01,710
8755		-naturally, that's where support
8756		-
8757		-2190
8758		-01:38:01,710 ~-~-> 01:38:03,900
8759		-resistance is going to be implied by
8760		-
8761		-2191
8762		-01:38:03,900 ~-~-> 01:38:05,100
8763		-traders. And they're going to think that
8764		-
8765		-2192
8766		-01:38:05,100 ~-~-> 01:38:06,750
8767		-their stop loss orders are protecting
8768		-
8769		-2193
8770		-01:38:06,750 ~-~-> 01:38:08,610
8771		-above that. And you'll see the market
8772		-
8773		-2194
8774		-01:38:08,610 ~-~-> 01:38:10,770
8775		-rally up just above it, take it out, and
8776		-
8777		-2195
8778		-01:38:10,770 ~-~-> 01:38:13,560
8779		-then break lower, it still does not
8780		-
8781		-2196
8782		-01:38:13,560 ~-~-> 01:38:15,090
8783		-change the fact that we still are
8784		-
8785		-2197
8786		-01:38:15,090 ~-~-> 01:38:17,130
8787		-working within a range, okay, and that
8788		-
8789		-2198
8790		-01:38:17,130 ~-~-> 01:38:19,980
8791		-being this high to the low, and if you
8792		-
8793		-2199
8794		-01:38:19,980 ~-~-> 01:38:21,450
8795		-look it up in here, you'll see
8796		-
8797		-2200
8798		-01:38:21,450 ~-~-> 01:38:23,430
8799		-opportunities to be a seller on the
8800		-
8801		-2201
8802		-01:38:23,430 ~-~-> 01:38:28,440
8803		-lower timeframe. Again, once we break
8804		-
8805		-2202
8806		-01:38:28,440 ~-~-> 01:38:29,790
8807		-lower here, we have everything in an
8808		-
8809		-2203
8810		-01:38:29,790 ~-~-> 01:38:31,650
8811		-agreement as well. Okay, and I'm going
8812		-
8813		-2204
8814		-01:38:31,650 ~-~-> 01:38:33,750
8815		-to subscribe to the notion that you
8816		-
8817		-2205
8818		-01:38:33,750 ~-~-> 01:38:35,880
8819		-probably may have lost money here or
8820		-
8821		-2206
8822		-01:38:35,880 ~-~-> 01:38:37,380
8823		-missed opportunities. We're just gonna
8824		-
8825		-2207
8826		-01:38:37,380 ~-~-> 01:38:40,110
8827		-call this a dead opportunity area where
8828		-
8829		-2208
8830		-01:38:40,110 ~-~-> 01:38:42,390
8831		-we didn't get any kind of reasonable
8832		-
8833		-2209
8834		-01:38:45,450 ~-~-> 01:38:47,220
8835		-positive equity increase, there was
8836		-
8837		-2210
8838		-01:38:47,220 ~-~-> 01:38:48,930
8839		-nothing that we profited from in here.
8840		-
8841		-2211
8842		-01:38:49,920 ~-~-> 01:38:51,750
8843		-Everything gets back in sync here when
8844		-
8845		-2212
8846		-01:38:51,750 ~-~-> 01:38:55,290
8847		-this candle breaks below. This swing low
8848		-
8849		-2213
8850		-01:38:55,290 ~-~-> 01:38:59,550
8851		-here, okay. And then we have the high
8852		-
8853		-2214
8854		-01:38:59,550 ~-~-> 01:39:02,400
8855		-here Is penetrating here. So now on this
8856		-
8857		-2215
8858		-01:39:02,400 ~-~-> 01:39:05,160
8859		-candle, everything's bullish, okay
8860		-
8861		-2216
8862		-01:39:05,190 ~-~-> 01:39:07,560
8863		-inside of this overall sell framework.
8864		-
8865		-2217
8866		-01:39:07,830 ~-~-> 01:39:09,870
8867		-So what we doing is what we've sit on
8868		-
8869		-2218
8870		-01:39:09,870 ~-~-> 01:39:14,250
8871		-our hands until when here okay we expect
8872		-
8873		-2219
8874		-01:39:14,310 ~-~-> 01:39:19,830
8875		-what see this low here? What is that?
8876		-
8877		-2220
8878		-01:39:20,460 ~-~-> 01:39:23,430
8879		-That is a swing low. Again the fractal
8880		-
8881		-2221
8882		-01:39:23,430 ~-~-> 01:39:26,250
8883		-indicator arrow is useful to communicate
8884		-
8885		-2222
8886		-01:39:26,970 ~-~-> 01:39:29,910
8887		-general support, sorry, swing highs and
8888		-
8889		-2223
8890		-01:39:29,910 ~-~-> 01:39:31,800
8891		-lows. But again this is the reason why I
8892		-
8893		-2224
8894		-01:39:31,800 ~-~-> 01:39:34,320
8895		-don't like it by itself because it will
8896		-
8897		-2225
8898		-01:39:34,350 ~-~-> 01:39:36,780
8899		-avoid printing an arrow where I would
8900		-
8901		-2226
8902		-01:39:36,780 ~-~-> 01:39:38,790
8903		-classify that as a swing low. So when
8904		-
8905		-2227
8906		-01:39:38,790 ~-~-> 01:39:40,950
8907		-the market opened up down here, market
8908		-
8909		-2228
8910		-01:39:40,950 ~-~-> 01:39:43,200
8911		-structure and order flow has shifted to
8912		-
8913		-2229
8914		-01:39:43,200 ~-~-> 01:39:45,570
8915		-bearishness again, okay. And this being
8916		-
8917		-2230
8918		-01:39:45,570 ~-~-> 01:39:48,390
8919		-the most recent swing high, soon as this
8920		-
8921		-2231
8922		-01:39:48,390 ~-~-> 01:39:50,370
8923		-candle closes and this one opens up,
8924		-
8925		-2232
8926		-01:39:50,700 ~-~-> 01:39:52,680
8927		-this one would be a swing high To me,
8928		-
8929		-2233
8930		-01:39:52,950 ~-~-> 01:39:54,750
8931		-this is a swing low and everything will
8932		-
8933		-2234
8934		-01:39:54,750 ~-~-> 01:39:57,210
8935		-be bearish here. Okay and until that
8936		-
8937		-2235
8938		-01:39:57,210 ~-~-> 01:39:59,970
8939		-high is taken out on the upside, okay or
8940		-
8941		-2236
8942		-01:40:00,000 ~-~-> 01:40:03,870
8943		-Any newer swing high forming is taking
8944		-
8945		-2237
8946		-01:40:03,870 ~-~-> 01:40:06,840
8947		-out I would be looking for lower prices.
8948		-
8949		-2238
8950		-01:40:07,350 ~-~-> 01:40:08,970
8951		-Okay, and the same thing happens here,
8952		-
8953		-2239
8954		-01:40:09,240 ~-~-> 01:40:12,270
8955		-we have the swing high because we have a
8956		-
8957		-2240
8958		-01:40:12,720 ~-~-> 01:40:14,850
8959		-candle with a lower high here and lower
8960		-
8961		-2241
8962		-01:40:14,850 ~-~-> 01:40:16,890
8963		-high here. So this is a swing high to
8964		-
8965		-2242
8966		-01:40:16,890 ~-~-> 01:40:20,580
8967		-me. Okay. price breaks through it here.
8968		-
8969		-2243
8970		-01:40:21,450 ~-~-> 01:40:23,400
8971		-So now we have on a very short term
8972		-
8973		-2244
8974		-01:40:23,670 ~-~-> 01:40:26,070
8975		-market structure being bearish. Okay.
8976		-
8977		-2245
8978		-01:40:26,730 ~-~-> 01:40:30,060
8979		-I'm sorry bullish, again inside of a
8980		-
8981		-2246
8982		-01:40:30,060 ~-~-> 01:40:31,890
8983		-bearish framework. So we're looking to
8984		-
8985		-2247
8986		-01:40:31,890 ~-~-> 01:40:33,720
8987		-do what we're selling into rallies,
8988		-
8989		-2248
8990		-01:40:33,930 ~-~-> 01:40:36,690
8991		-we're selling into it, okay. So this is
8992		-
8993		-2249
8994		-01:40:36,690 ~-~-> 01:40:38,820
8995		-where you're going to be applying the
8996		-
8997		-2250
8998		-01:40:38,850 ~-~-> 01:40:42,390
8999		-what we commonly refer to as market flow
9000		-
9001		-2251
9002		-01:40:42,390 ~-~-> 01:40:46,080
9003		-order flow, you you will see on a daily
9004		-
9005		-2252
9006		-01:40:46,080 ~-~-> 01:40:49,650
9007		-chart, many times rallies going against
9008		-
9009		-2253
9010		-01:40:49,680 ~-~-> 01:40:52,020
9011		-what would be considered market flow
9012		-
9013		-2254
9014		-01:40:52,530 ~-~-> 01:40:57,360
9015		-being bullish In other words, this we
9016		-
9017		-2255
9018		-01:40:57,360 ~-~-> 01:40:59,580
9019		-have this swing high here it's a candle
9020		-
9021		-2256
9022		-01:40:59,580 ~-~-> 01:41:01,020
9023		-with too low Highs on the either side of
9024		-
9025		-2257
9026		-01:41:01,020 ~-~-> 01:41:03,450
9027		-it when this candle blew up through it
9028		-
9029		-2258
9030		-01:41:04,110 ~-~-> 01:41:06,420
9031		-will be considered bullish daily market
9032		-
9033		-2259
9034		-01:41:06,420 ~-~-> 01:41:09,900
9035		-flow or order flow. But you have that
9036		-
9037		-2260
9038		-01:41:09,900 ~-~-> 01:41:11,400
9039		-range here that you got to work within
9040		-
9041		-2261
9042		-01:41:12,270 ~-~-> 01:41:14,850
9043		-okay and that looks like this.
9044		-
9045		-2262
9046		-01:41:19,980 ~-~-> 01:41:21,390
9047		-See I went right up into that area here.
9048		-
9049		-2263
9050		-01:41:21,990 ~-~-> 01:41:24,120
9051		-Both candles stop dead on the 79 cent
9052		-
9053		-2264
9054		-01:41:24,120 ~-~-> 01:41:26,490
9055		-tracing level and then boom, it move
9056		-
9057		-2265
9058		-01:41:26,490 ~-~-> 01:41:28,500
9059		-lower. Okay, now we have everything back
9060		-
9061		-2266
9062		-01:41:28,500 ~-~-> 01:41:30,480
9063		-in sync again. We had this low taken
9064		-
9065		-2267
9066		-01:41:30,480 ~-~-> 01:41:33,930
9067		-out, we have both the framework on the
9068		-
9069		-2268
9070		-01:41:33,930 ~-~-> 01:41:36,090
9071		-moving averages suggesting lower prices
9072		-
9073		-2269
9074		-01:41:36,510 ~-~-> 01:41:40,140
9075		-and the order flow and Mark flow is
9076		-
9077		-2270
9078		-01:41:40,170 ~-~-> 01:41:41,790
9079		-bearish because we took out the swing
9080		-
9081		-2271
9082		-01:41:41,790 ~-~-> 01:41:43,560
9083		-low so everything's moving lower again.
9084		-
9085		-2272
9086		-01:41:45,300 ~-~-> 01:41:47,640
9087		-We we continuingly looking for selling
9088		-
9089		-2273
9090		-01:41:47,640 ~-~-> 01:41:51,000
9091		-opportunities okay. And inside this is
9092		-
9093		-2274
9094		-01:41:51,090 ~-~-> 01:41:55,200
9095		-area here. Now again we have the market
9096		-
9097		-2275
9098		-01:41:55,230 ~-~-> 01:41:58,170
9099		-creating a nice rally and reversal.
9100		-
9101		-2276
9102		-01:41:58,200 ~-~-> 01:42:00,900
9103		-Again, we are not Trying to call the
9104		-
9105		-2277
9106		-01:42:00,900 ~-~-> 01:42:03,840
9107		-lows, we are not looking for the, you
9108		-
9109		-2278
9110		-01:42:03,840 ~-~-> 01:42:05,070
9111		-know, the tops and the bottoms in the
9112		-
9113		-2279
9114		-01:42:05,070 ~-~-> 01:42:06,900
9115		-marketplace. So even if we were to take
9116		-
9117		-2280
9118		-01:42:06,900 ~-~-> 01:42:08,520
9119		-a trade in here somewhere, okay,
9120		-
9121		-2281
9122		-01:42:08,520 ~-~-> 01:42:11,070
9123		-something lent to our analysis that we
9124		-
9125		-2282
9126		-01:42:11,070 ~-~-> 01:42:13,530
9127		-should suggest taking a short trade and
9128		-
9129		-2283
9130		-01:42:13,530 ~-~-> 01:42:15,780
9131		-we got stopped out, what do we do? We
9132		-
9133		-2284
9134		-01:42:15,780 ~-~-> 01:42:18,120
9135		-accept the loss and we move on. Okay?
9136		-
9137		-2285
9138		-01:42:18,540 ~-~-> 01:42:20,550
9139		-Right in our journal, keep it you know,
9140		-
9141		-2286
9142		-01:42:21,300 ~-~-> 01:42:23,490
9143		-as a learning process, and continuously
9144		-
9145		-2287
9146		-01:42:23,490 ~-~-> 01:42:26,970
9147		-looking for the next opportunity. All
9148		-
9149		-2288
9150		-01:42:26,970 ~-~-> 01:42:30,390
9151		-this right here, okay, would be the same
9152		-
9153		-2289
9154		-01:42:30,390 ~-~-> 01:42:32,550
9155		-information this applied going forward.
9156		-
9157		-2290
9158		-01:42:32,580 ~-~-> 01:42:34,770
9159		-Now this, we only had these two examples
9160		-
9161		-2291
9162		-01:42:34,770 ~-~-> 01:42:38,580
9163		-in our analysis and study. Again, we had
9164		-
9165		-2292
9166		-01:42:39,240 ~-~-> 01:42:41,400
9167		-that red arrow area in the two green
9168		-
9169		-2293
9170		-01:42:41,400 ~-~-> 01:42:45,780
9171		-areas. Inside of these pockets of price
9172		-
9173		-2294
9174		-01:42:45,780 ~-~-> 01:42:48,060
9175		-action, there's more than enough
9176		-
9177		-2295
9178		-01:42:48,060 ~-~-> 01:42:50,190
9179		-opportunities for you to take trades
9180		-
9181		-2296
9182		-01:42:50,370 ~-~-> 01:42:53,580
9183		-just using the daily chart. Okay, but if
9184		-
9185		-2297
9186		-01:42:53,580 ~-~-> 01:42:56,910
9187		-you use the four hour chart, you'll be
9188		-
9189		-2298
9190		-01:42:56,910 ~-~-> 01:42:59,430
9191		-able to glean a better understanding of
9192		-
9193		-2299
9194		-01:42:59,430 ~-~-> 01:43:01,230
9195		-what it is That you're going to be
9196		-
9197		-2300
9198		-01:43:01,230 ~-~-> 01:43:03,510
9199		-hunting. But before we do that, let's
9200		-
9201		-2301
9202		-01:43:03,510 ~-~-> 01:43:06,630
9203		-strip the chart again. And we're going
9204		-
9205		-2302
9206		-01:43:06,630 ~-~-> 01:43:10,710
9207		-to take these fractal things off here.
9208		-
9209		-2303
9210		-01:43:11,640 ~-~-> 01:43:13,500
9211		-Okay? And what I'm going to discuss now
9212		-
9213		-2304
9214		-01:43:14,910 ~-~-> 01:43:15,570
9215		-is
9216		-
9217		-2305
9218		-01:43:16,410 ~-~-> 01:43:18,810
9219		-what specifically is inside the candles
9220		-
9221		-2306
9222		-01:43:18,810 ~-~-> 01:43:20,640
9223		-that's useful to us, okay? And why
9224		-
9225		-2307
9226		-01:43:20,640 ~-~-> 01:43:25,020
9227		-consolidations breed opportunity. We
9228		-
9229		-2308
9230		-01:43:25,020 ~-~-> 01:43:28,440
9231		-have an area of consolidation right
9232		-
9233		-2309
9234		-01:43:28,440 ~-~-> 01:43:31,140
9235		-here. And I probably should take these
9236		-
9237		-2310
9238		-01:43:31,140 ~-~-> 01:43:40,920
9239		-rectangles off because there we go. And
9240		-
9241		-2311
9242		-01:43:40,920 ~-~-> 01:43:41,580
9243		-we have
9244		-
9245		-2312
9246		-01:43:48,210 ~-~-> 01:43:55,950
9247		-this consolidation right here. Okay,
9248		-
9249		-2313
9250		-01:43:55,950 ~-~-> 01:44:00,840
9251		-inside this, I'm gonna make it blue. In
9252		-
9253		-2314
9254		-01:44:00,840 ~-~-> 01:44:04,290
9255		-this little area here, okay, smart money
9256		-
9257		-2315
9258		-01:44:04,290 ~-~-> 01:44:08,790
9259		-is accumulating. Now, how do I know it's
9260		-
9261		-2316
9262		-01:44:09,660 ~-~-> 01:44:11,760
9263		-accumulating? Well, because number one
9264		-
9265		-2317
9266		-01:44:11,760 ~-~-> 01:44:15,120
9267		-prices already moved off of an area
9268		-
9269		-2318
9270		-01:44:15,150 ~-~-> 01:44:19,860
9271		-where it caused a reaction. Okay, inside
9272		-
9273		-2319
9274		-01:44:19,860 ~-~-> 01:44:23,220
9275		-this reaction, this price move higher.
9276		-
9277		-2320
9278		-01:44:23,250 ~-~-> 01:44:25,080
9279		-Okay, we're talking about a daily chart
9280		-
9281		-2321
9282		-01:44:25,080 ~-~-> 01:44:31,050
9283		-moving for days to the tune of about 465
9284		-
9285		-2322
9286		-01:44:31,050 ~-~-> 01:44:33,930
9287		-pips. Okay? retail traders can't do
9288		-
9289		-2323
9290		-01:44:33,930 ~-~-> 01:44:36,090
9291		-that. So institutional funds
9292		-
9293		-2324
9294		-01:44:36,120 ~-~-> 01:44:38,340
9295		-institutional traders will smart money
9296		-
9297		-2325
9298		-01:44:38,340 ~-~-> 01:44:39,870
9299		-will this is the elephant putting its
9300		-
9301		-2326
9302		-01:44:39,870 ~-~-> 01:44:41,970
9303		-foot in the water, okay? Then we go into
9304		-
9305		-2327
9306		-01:44:41,970 ~-~-> 01:44:45,240
9307		-a consolidation, it's pausing in here,
9308		-
9309		-2328
9310		-01:44:45,300 ~-~-> 01:44:47,220
9311		-traders chase it thinking, Okay, what's
9312		-
9313		-2329
9314		-01:44:47,220 ~-~-> 01:44:48,450
9315		-been going up, I'm gonna keep buying it
9316		-
9317		-2330
9318		-01:44:48,450 ~-~-> 01:44:49,920
9319		-and they get pounded here to get pounded
9320		-
9321		-2331
9322		-01:44:49,920 ~-~-> 01:44:51,930
9323		-here, get pounded here. And at this
9324		-
9325		-2332
9326		-01:44:51,930 ~-~-> 01:44:52,950
9327		-point, they say well, it's probably not
9328		-
9329		-2333
9330		-01:44:52,950 ~-~-> 01:44:54,420
9331		-going to keep going up. So I'm going to
9332		-
9333		-2334
9334		-01:44:54,420 ~-~-> 01:44:56,220
9335		-be a seller and what they do they sell a
9336		-
9337		-2335
9338		-01:44:56,220 ~-~-> 01:44:58,470
9339		-breakout. Okay? Are they so you know,
9340		-
9341		-2336
9342		-01:44:58,500 ~-~-> 01:45:00,600
9343		-whatever pattern they think is is
9344		-
9345		-2337
9346		-01:45:00,630 ~-~-> 01:45:03,180
9347		-beneficial to them and ended up getting
9348		-
9349		-2338
9350		-01:45:03,180 ~-~-> 01:45:04,350
9351		-caught on the other side of the market
9352		-
9353		-2339
9354		-01:45:04,350 ~-~-> 01:45:07,890
9355		-again. We as traders, okay, here's what
9356		-
9357		-2340
9358		-01:45:07,890 ~-~-> 01:45:09,330
9359		-we're going to take a huge step right
9360		-
9361		-2341
9362		-01:45:09,330 ~-~-> 01:45:12,780
9363		-now. Okay? You need institutional
9364		-
9365		-2342
9366		-01:45:12,780 ~-~-> 01:45:15,180
9367		-sponsorship in your trades.
9368		-
9369		-2343
9370		-01:45:16,110 ~-~-> 01:45:17,970
9371		-Institutional sponsorship is when you
9372		-
9373		-2344
9374		-01:45:17,970 ~-~-> 01:45:19,560
9375		-start seeing things like this as the
9376		-
9377		-2345
9378		-01:45:19,590 ~-~-> 01:45:21,480
9379		-market moves up, moves into
9380		-
9381		-2346
9382		-01:45:21,480 ~-~-> 01:45:24,240
9383		-consolidation. This is where pairing of
9384		-
9385		-2347
9386		-01:45:24,240 ~-~-> 01:45:26,100
9387		-orders is taking place. Okay?
9388		-
9389		-2348
9390		-01:45:26,940 ~-~-> 01:45:29,910
9391		-institutional trading is building up
9392		-
9393		-2349
9394		-01:45:29,910 ~-~-> 01:45:32,460
9395		-positions, all in these areas here.
9396		-
9397		-2350
9398		-01:45:32,670 ~-~-> 01:45:34,650
9399		-Okay. And what you're looking for is
9400		-
9401		-2351
9402		-01:45:34,650 ~-~-> 01:45:37,020
9403		-where areas of where the market has
9404		-
9405		-2352
9406		-01:45:37,020 ~-~-> 01:45:42,120
9407		-moved with a great level of conviction.
9408		-
9409		-2353
9410		-01:45:42,510 ~-~-> 01:45:45,360
9411		-Okay. If they can move the market almost
9412		-
9413		-2354
9414		-01:45:45,360 ~-~-> 01:45:47,670
9415		-500 pips here and it starts pausing.
9416		-
9417		-2355
9418		-01:45:48,240 ~-~-> 01:45:49,380
9419		-Chances are, it's probably gonna be
9420		-
9421		-2356
9422		-01:45:49,380 ~-~-> 01:45:52,170
9423		-another leg up. And what I mean by that,
9424		-
9425		-2357
9426		-01:45:52,170 ~-~-> 01:45:54,510
9427		-well, if you take this low to the high
9428		-
9429		-2358
9430		-01:45:54,720 ~-~-> 01:46:01,620
9431		-in here if you see that range here It's
9432		-
9433		-2359
9434		-01:46:01,620 ~-~-> 01:46:03,420
9435		-probably gonna look to make a move equal
9436		-
9437		-2360
9438		-01:46:03,420 ~-~-> 01:46:07,050
9439		-to that same thing. Okay, and here's a
9440		-
9441		-2361
9442		-01:46:07,050 ~-~-> 01:46:08,370
9443		-low we're going to use basically use
9444		-
9445		-2362
9446		-01:46:08,370 ~-~-> 01:46:11,160
9447		-this because usually the same this here
9448		-
9449		-2363
9450		-01:46:11,160 ~-~-> 01:46:13,500
9451		-and here's basically the same price. As
9452		-
9453		-2364
9454		-01:46:13,500 ~-~-> 01:46:14,880
9455		-you take this out in time, you can see
9456		-
9457		-2365
9458		-01:46:15,060 ~-~-> 01:46:16,740
9459		-the market did move in fact to that same
9460		-
9461		-2366
9462		-01:46:16,740 ~-~-> 01:46:19,050
9463		-price level. Again, it's just like a
9464		-
9465		-2367
9466		-01:46:19,050 ~-~-> 01:46:21,360
9467		-measured move taking the first swing and
9468		-
9469		-2368
9470		-01:46:21,360 ~-~-> 01:46:23,310
9471		-then consolidation and expect another
9472		-
9473		-2369
9474		-01:46:23,610 ~-~-> 01:46:26,130
9475		-move higher. What I want to draw your
9476		-
9477		-2370
9478		-01:46:26,130 ~-~-> 01:46:28,980
9479		-attention to is again on a daily chart
9480		-
9481		-2371
9482		-01:46:30,870 ~-~-> 01:46:35,220
9483		-how I like to view the market is it see
9484		-
9485		-2372
9486		-01:46:35,220 ~-~-> 01:46:38,790
9487		-this candle here? Okay, if we look at
9488		-
9489		-2373
9490		-01:46:38,790 ~-~-> 01:46:42,690
9491		-that, this candle right here,
9492		-
9493		-2374
9494		-01:46:44,820 ~-~-> 01:46:45,420
9495		-here
9496		-
9497		-2375
9498		-01:46:53,310 ~-~-> 01:46:54,630
9499		-the body of that candle
9500		-
9501		-2376
9502		-01:46:56,640 ~-~-> 01:46:57,150
9503		-okay.
9504		-
9505		-2377
9506		-01:47:00,000 ~-~-> 01:47:02,100
9507		-To me the most useful portion of it,
9508		-
9509		-2378
9510		-01:47:02,490 ~-~-> 01:47:06,810
9511		-okay? When price rallied up, okay and
9512		-
9513		-2379
9514		-01:47:06,810 ~-~-> 01:47:08,670
9515		-consolidated and moved out of it and
9516		-
9517		-2380
9518		-01:47:08,670 ~-~-> 01:47:10,110
9519		-came right back down into it but was
9520		-
9521		-2381
9522		-01:47:10,140 ~-~-> 01:47:12,000
9523		-unable to break this low, we are in a
9524		-
9525		-2382
9526		-01:47:12,000 ~-~-> 01:47:17,610
9527		-consolidation. Okay. In this area in
9528		-
9529		-2383
9530		-01:47:17,610 ~-~-> 01:47:20,190
9531		-here, okay, something's going on
9532		-
9533		-2384
9534		-01:47:20,400 ~-~-> 01:47:22,650
9535		-institutionally speaking. I don't know
9536		-
9537		-2385
9538		-01:47:22,650 ~-~-> 01:47:25,200
9539		-exactly what it is. But I know that
9540		-
9541		-2386
9542		-01:47:25,200 ~-~-> 01:47:28,350
9543		-there's something that traders on a
9544		-
9545		-2387
9546		-01:47:28,350 ~-~-> 01:47:31,830
9547		-large institutional basis want this
9548		-
9549		-2388
9550		-01:47:31,860 ~-~-> 01:47:34,080
9551		-price for whatever reason they think
9552		-
9553		-2389
9554		-01:47:34,080 ~-~-> 01:47:36,630
9555		-there's value to it, okay? And what
9556		-
9557		-2390
9558		-01:47:36,630 ~-~-> 01:47:37,710
9559		-we're going to do is we're going to be
9560		-
9561		-2391
9562		-01:47:37,710 ~-~-> 01:47:42,000
9563		-looking at this whole area here and I
9564		-
9565		-2392
9566		-01:47:42,000 ~-~-> 01:47:43,170
9567		-really should be using the high the
9568		-
9569		-2393
9570		-01:47:43,170 ~-~-> 01:47:47,130
9571		-candle, not just the body, but this
9572		-
9573		-2394
9574		-01:47:47,130 ~-~-> 01:47:53,460
9575		-whole area here is important. Because
9576		-
9577		-2395
9578		-01:47:53,460 ~-~-> 01:47:55,260
9579		-this is going to be an institutional
9580		-
9581		-2396
9582		-01:47:55,260 ~-~-> 01:47:58,260
9583		-order block. Okay, when price rallied
9584		-
9585		-2397
9586		-01:47:58,260 ~-~-> 01:47:59,970
9587		-out of that and came back one more time
9588		-
9589		-2398
9590		-01:48:00,540 ~-~-> 01:48:02,460
9591		-Okay, they did, they dipped below this
9592		-
9593		-2399
9594		-01:48:02,460 ~-~-> 01:48:04,950
9595		-area here to clear out any kind of stops
9596		-
9597		-2400
9598		-01:48:04,950 ~-~-> 01:48:06,510
9599		-that would be resting there. Okay and
9600		-
9601		-2401
9602		-01:48:06,510 ~-~-> 01:48:08,580
9603		-it's a stop run. One of the most
9604		-
9605		-2402
9606		-01:48:08,580 ~-~-> 01:48:09,750
9607		-important things you can have your notes
9608		-
9609		-2403
9610		-01:48:09,750 ~-~-> 01:48:11,700
9611		-are is if the price can come back to a
9612		-
9613		-2404
9614		-01:48:11,700 ~-~-> 01:48:14,070
9615		-key level support resistance, sweep
9616		-
9617		-2405
9618		-01:48:14,070 ~-~-> 01:48:16,230
9619		-through it one more time. Okay and then
9620		-
9621		-2406
9622		-01:48:16,530 ~-~-> 01:48:18,720
9623		-fail to keep going. That's generally a
9624		-
9625		-2407
9626		-01:48:18,720 ~-~-> 01:48:20,190
9627		-sign that was a stop rate and they're
9628		-
9629		-2408
9630		-01:48:20,190 ~-~-> 01:48:22,110
9631		-getting ready to do a major repricing
9632		-
9633		-2409
9634		-01:48:22,320 ~-~-> 01:48:23,610
9635		-going the opposite direction in other
9636		-
9637		-2410
9638		-01:48:23,610 ~-~-> 01:48:25,830
9639		-words contrary to direction the stop was
9640		-
9641		-2411
9642		-01:48:25,890 ~-~-> 01:48:28,260
9643		-rattling somewhere they drove it lower
9644		-
9645		-2412
9646		-01:48:28,260 ~-~-> 01:48:30,900
9647		-here, engineered it lower to send it
9648		-
9649		-2413
9650		-01:48:30,900 ~-~-> 01:48:33,000
9651		-higher. Okay, why did they do that?
9652		-
9653		-2414
9654		-01:48:33,030 ~-~-> 01:48:34,800
9655		-Because they want the orders that are in
9656		-
9657		-2415
9658		-01:48:34,800 ~-~-> 01:48:39,330
9659		-existence down here. Okay. So what do I
9660		-
9661		-2416
9662		-01:48:39,330 ~-~-> 01:48:42,150
9663		-mean by that? Well, we had one little or
9664		-
9665		-2417
9666		-01:48:42,150 ~-~-> 01:48:43,590
9667		-block in here between this candles high
9668		-
9669		-2418
9670		-01:48:43,590 ~-~-> 01:48:45,690
9671		-in this candles low Okay, when price
9672		-
9673		-2419
9674		-01:48:45,690 ~-~-> 01:48:47,040
9675		-rallied out they couldn't get all their
9676		-
9677		-2420
9678		-01:48:47,040 ~-~-> 01:48:49,860
9679		-trade on. So what do they do they stop
9680		-
9681		-2421
9682		-01:48:49,860 ~-~-> 01:48:52,800
9683		-their buying okay. And with they're not
9684		-
9685		-2422
9686		-01:48:52,800 ~-~-> 01:48:55,530
9687		-buying price will be permitted to trade
9688		-
9689		-2423
9690		-01:48:55,530 ~-~-> 01:48:57,360
9691		-lower, and then they'll support the
9692		-
9693		-2424
9694		-01:48:57,360 ~-~-> 01:48:59,280
9695		-market again because why they're buying
9696		-
9697		-2425
9698		-01:48:59,280 ~-~-> 01:49:00,540
9699		-comes back in tomorrow. marketplace in
9700		-
9701		-2426
9702		-01:49:00,540 ~-~-> 01:49:02,160
9703		-here, okay, and they're buying it up
9704		-
9705		-2427
9706		-01:49:02,160 ~-~-> 01:49:04,830
9707		-again, that's going to control this
9708		-
9709		-2428
9710		-01:49:04,860 ~-~-> 01:49:06,930
9711		-decline and keep from going back into
9712		-
9713		-2429
9714		-01:49:06,930 ~-~-> 01:49:08,370
9715		-this area here because they already have
9716		-
9717		-2430
9718		-01:49:08,370 ~-~-> 01:49:10,710
9719		-established positions back here. They
9720		-
9721		-2431
9722		-01:49:10,710 ~-~-> 01:49:12,240
9723		-don't want those violated, they don't
9724		-
9725		-2432
9726		-01:49:12,240 ~-~-> 01:49:13,770
9727		-want to see a net loss in there. So
9728		-
9729		-2433
9730		-01:49:13,770 ~-~-> 01:49:15,390
9731		-they're going to add more positions in
9732		-
9733		-2434
9734		-01:49:15,390 ~-~-> 01:49:18,450
9735		-here supporting the market. Again, don't
9736		-
9737		-2435
9738		-01:49:18,450 ~-~-> 01:49:19,980
9739		-think like a retail trader, think like
9740		-
9741		-2436
9742		-01:49:19,980 ~-~-> 01:49:21,990
9743		-the banks, the institutional guys, they
9744		-
9745		-2437
9746		-01:49:21,990 ~-~-> 01:49:23,580
9747		-want to keep this thing they have a
9748		-
9749		-2438
9750		-01:49:23,580 ~-~-> 01:49:25,110
9751		-vested interest in keeping this market
9752		-
9753		-2439
9754		-01:49:25,110 ~-~-> 01:49:27,090
9755		-up. So if they wanted to move higher,
9756		-
9757		-2440
9758		-01:49:27,210 ~-~-> 01:49:28,500
9759		-they're gonna be buying it at a level
9760		-
9761		-2441
9762		-01:49:28,500 ~-~-> 01:49:30,750
9763		-where they consider it valuable, okay,
9764		-
9765		-2442
9766		-01:49:30,780 ~-~-> 01:49:34,440
9767		-or a viewing perspective on the
9768		-
9769		-2443
9770		-01:49:34,440 ~-~-> 01:49:38,460
9771		-marketplace as it has a worth of some
9772		-
9773		-2444
9774		-01:49:38,460 ~-~-> 01:49:42,330
9775		-sort, or undervalued if you will. Now,
9776		-
9777		-2445
9778		-01:49:42,390 ~-~-> 01:49:44,940
9779		-as price moved out of this area here,
9780		-
9781		-2446
9782		-01:49:44,970 ~-~-> 01:49:46,740
9783		-again, this is that consolidation area
9784		-
9785		-2447
9786		-01:49:46,740 ~-~-> 01:49:49,050
9787		-we just had blocked off. Its price move
9788		-
9789		-2448
9790		-01:49:49,080 ~-~-> 01:49:50,940
9791		-out of that area here we have market
9792		-
9793		-2449
9794		-01:49:50,940 ~-~-> 01:49:52,890
9795		-structure shift here again to the
9796		-
9797		-2450
9798		-01:49:52,890 ~-~-> 01:49:54,600
9799		-bullishness to this high was taken out
9800		-
9801		-2451
9802		-01:49:54,900 ~-~-> 01:50:01,470
9803		-here so let's draw that out. Okay, we
9804		-
9805		-2452
9806		-01:50:01,470 ~-~-> 01:50:03,330
9807		-are bullish market structure here, price
9808		-
9809		-2453
9810		-01:50:03,330 ~-~-> 01:50:05,160
9811		-rallies up again and then we have this
9812		-
9813		-2454
9814		-01:50:05,190 ~-~-> 01:50:07,890
9815		-decline. Okay. Now remember earlier I
9816		-
9817		-2455
9818		-01:50:07,890 ~-~-> 01:50:10,800
9819		-was discussing this Yes, it was three
9820		-
9821		-2456
9822		-01:50:10,800 ~-~-> 01:50:12,060
9823		-days where it was bearish. I'm not
9824		-
9825		-2457
9826		-01:50:12,120 ~-~-> 01:50:14,820
9827		-ignoring that. Okay. The reason why I
9828		-
9829		-2458
9830		-01:50:14,820 ~-~-> 01:50:17,010
9831		-was going to come back to this example
9832		-
9833		-2459
9834		-01:50:17,010 ~-~-> 01:50:19,440
9835		-here because this is exactly what I used
9836		-
9837		-2460
9838		-01:50:19,440 ~-~-> 01:50:21,990
9839		-to get in these types of trades. If you
9840		-
9841		-2461
9842		-01:50:21,990 ~-~-> 01:50:24,570
9843		-look at this area of where the
9844		-
9845		-2462
9846		-01:50:24,570 ~-~-> 01:50:27,000
9847		-institutional order block was, okay, and
9848		-
9849		-2463
9850		-01:50:27,000 ~-~-> 01:50:29,430
9851		-again, what how am I defining that
9852		-
9853		-2464
9854		-01:50:29,550 ~-~-> 01:50:31,860
9855		-because we went into a consolidation, we
9856		-
9857		-2465
9858		-01:50:31,860 ~-~-> 01:50:35,010
9859		-rallied up, okay. And you want to see a
9860		-
9861		-2466
9862		-01:50:35,010 ~-~-> 01:50:37,650
9863		-conviction, a very strong conviction in
9864		-
9865		-2467
9866		-01:50:37,650 ~-~-> 01:50:39,090
9867		-the marketplace. And when you see
9868		-
9869		-2468
9870		-01:50:39,090 ~-~-> 01:50:39,930
9871		-something like this where it moves,
9872		-
9873		-2469
9874		-01:50:39,930 ~-~-> 01:50:42,060
9875		-several hundred pips, retail traders
9876		-
9877		-2470
9878		-01:50:42,060 ~-~-> 01:50:44,160
9879		-can't do that. So that's the elephant
9880		-
9881		-2471
9882		-01:50:44,160 ~-~-> 01:50:45,810
9883		-putting his foot in the water. And when
9884		-
9885		-2472
9886		-01:50:45,810 ~-~-> 01:50:47,880
9887		-price comes back down, okay, it gets
9888		-
9889		-2473
9890		-01:50:47,880 ~-~-> 01:50:49,200
9891		-back in the same area, we can reasonably
9892		-
9893		-2474
9894		-01:50:49,200 ~-~-> 01:50:50,880
9895		-expect to see it to do what we expect it
9896		-
9897		-2475
9898		-01:50:50,880 ~-~-> 01:50:52,920
9899		-to rally. And when it rallies up and
9900		-
9901		-2476
9902		-01:50:52,920 ~-~-> 01:50:54,480
9903		-breaks these highs, we know that they
9904		-
9905		-2477
9906		-01:50:54,480 ~-~-> 01:50:56,640
9907		-are really putting an effort to keep
9908		-
9909		-2478
9910		-01:50:56,640 ~-~-> 01:50:59,100
9911		-this thing going moving higher. Now
9912		-
9913		-2479
9914		-01:50:59,100 ~-~-> 01:51:00,630
9915		-watch, we're getting anything out. huge
9916		-
9917		-2480
9918		-01:51:00,630 ~-~-> 01:51:03,960
9919		-leap forward. Okay, this area here
9920		-
9921		-2481
9922		-01:51:04,050 ~-~-> 01:51:05,820
9923		-because we use this first candle, it's
9924		-
9925		-2482
9926		-01:51:05,820 ~-~-> 01:51:08,430
9927		-the bearish candle. Okay prior to the
9928		-
9929		-2483
9930		-01:51:08,430 ~-~-> 01:51:12,240
9931		-first rally if we took this down to a
9932		-
9933		-2484
9934		-01:51:12,240 ~-~-> 01:51:14,250
9935		-lower timeframe, what do you think this
9936		-
9937		-2485
9938		-01:51:14,250 ~-~-> 01:51:16,770
9939		-is going to be? It's going to be a
9940		-
9941		-2486
9942		-01:51:16,890 ~-~-> 01:51:20,430
9943		-market structure or a market flow or
9944		-
9945		-2487
9946		-01:51:20,430 ~-~-> 01:51:22,830
9947		-order flow reference point where if it
9948		-
9949		-2488
9950		-01:51:22,830 ~-~-> 01:51:24,360
9951		-breaks to the higher side we would
9952		-
9953		-2489
9954		-01:51:24,360 ~-~-> 01:51:26,910
9955		-expect to see what bullish prices okay?
9956		-
9957		-2490
9958		-01:51:27,540 ~-~-> 01:51:31,770
9959		-But also it's during down candles okay
9960		-
9961		-2491
9962		-01:51:31,770 ~-~-> 01:51:34,620
9963		-or down moves is when the Smart Money
9964		-
9965		-2492
9966		-01:51:34,620 ~-~-> 01:51:37,950
9967		-accumulates positions. Let me say that
9968		-
9969		-2493
9970		-01:51:37,950 ~-~-> 01:51:39,000
9971		-one more time because it went right over
9972		-
9973		-2494
9974		-01:51:39,000 ~-~-> 01:51:42,780
9975		-your head I'm sure. Smart Money or
9976		-
9977		-2495
9978		-01:51:42,810 ~-~-> 01:51:46,050
9979		-professional traders do their buying on
9980		-
9981		-2496
9982		-01:51:46,050 ~-~-> 01:51:50,610
9983		-down moves. They do not chase price.
9984		-
9985		-2497
9986		-01:51:50,940 ~-~-> 01:51:53,790
9987		-They buy it when it's going down. Okay.
9988		-
9989		-2498
9990		-01:51:54,690 ~-~-> 01:51:59,130
9991		-When the market strong harms were struck
9992		-
9993		-2499
9994		-01:52:00,660 ~-~-> 01:52:01,350
9995		-Smart Money
9996		-
9997		-2500
9998		-01:52:01,410 ~-~-> 01:52:04,200
9999		-traders want to sell, they sell when the
10000		-
10001		-2501
10002		-01:52:04,200 ~-~-> 01:52:06,660
10003		-markets rallying up, they don't sell it
10004		-
10005		-2502
10006		-01:52:06,930 ~-~-> 01:52:09,420
10007		-when it's dropping down. Okay, so have
10008		-
10009		-2503
10010		-01:52:09,420 ~-~-> 01:52:11,370
10011		-that in your little notebook, you want
10012		-
10013		-2504
10014		-01:52:11,370 ~-~-> 01:52:13,260
10015		-to be doing the same thing, which is one
10016		-
10017		-2505
10018		-01:52:13,260 ~-~-> 01:52:15,690
10019		-of the strongest components that makes
10020		-
10021		-2506
10022		-01:52:15,690 ~-~-> 01:52:17,520
10023		-up my trading because I'm a buyer when
10024		-
10025		-2507
10026		-01:52:17,520 ~-~-> 01:52:20,070
10027		-the markets moving lower. If you were
10028		-
10029		-2508
10030		-01:52:20,070 ~-~-> 01:52:23,100
10031		-watching this series of two days here on
10032		-
10033		-2509
10034		-01:52:23,100 ~-~-> 01:52:25,140
10035		-an intraday basis, this probably looked
10036		-
10037		-2510
10038		-01:52:25,140 ~-~-> 01:52:26,610
10039		-like this was like a bat out of hell.
10040		-
10041		-2511
10042		-01:52:26,700 ~-~-> 01:52:28,380
10043		-Okay, screaming lower and it's probably
10044		-
10045		-2512
10046		-01:52:28,380 ~-~-> 01:52:29,640
10047		-gonna keep on trading Lower, lower
10048		-
10049		-2513
10050		-01:52:29,640 ~-~-> 01:52:32,940
10051		-lower. You have to understand on this
10052		-
10053		-2514
10054		-01:52:32,940 ~-~-> 01:52:34,530
10055		-higher timeframe daily chart what was
10056		-
10057		-2515
10058		-01:52:34,530 ~-~-> 01:52:38,610
10059		-taking place. See this whole area here
10060		-
10061		-2516
10062		-01:52:38,610 ~-~-> 01:52:41,610
10063		-we just blocked out. We have two areas
10064		-
10065		-2517
10066		-01:52:41,610 ~-~-> 01:52:44,640
10067		-of where they have created two large
10068		-
10069		-2518
10070		-01:52:44,640 ~-~-> 01:52:46,980
10071		-institutional order blocks. I'm going to
10072		-
10073		-2519
10074		-01:52:46,980 ~-~-> 01:52:49,350
10075		-show you the second one that took place.
10076		-
10077		-2520
10078		-01:52:50,190 ~-~-> 01:52:53,760
10079		-See the rally took off here. The bearish
10080		-
10081		-2521
10082		-01:52:53,760 ~-~-> 01:52:56,070
10083		-candle right before it taken off, is
10084		-
10085		-2522
10086		-01:52:56,070 ~-~-> 01:52:59,220
10087		-where you would have your expectancy of
10088		-
10089		-2523
10090		-01:52:59,610 ~-~-> 01:53:01,080
10091		-market Structure shifting on the bullish
10092		-
10093		-2524
10094		-01:53:01,080 ~-~-> 01:53:04,260
10095		-side right in here okay. Now as price
10096		-
10097		-2525
10098		-01:53:04,260 ~-~-> 01:53:08,970
10099		-rallies off this low here okay and again
10100		-
10101		-2526
10102		-01:53:09,420 ~-~-> 01:53:11,580
10103		-think this is a consolidation in here so
10104		-
10105		-2527
10106		-01:53:11,580 ~-~-> 01:53:12,750
10107		-with this consolidation there's
10108		-
10109		-2528
10110		-01:53:12,750 ~-~-> 01:53:16,050
10111		-opportunity being bred okay and as the
10112		-
10113		-2529
10114		-01:53:16,050 ~-~-> 01:53:19,410
10115		-market moves higher okay it moves up in
10116		-
10117		-2530
10118		-01:53:19,410 ~-~-> 01:53:22,650
10119		-a rally and again you can day trade in
10120		-
10121		-2531
10122		-01:53:22,650 ~-~-> 01:53:25,020
10123		-these moves following that consider a
10124		-
10125		-2532
10126		-01:53:25,020 ~-~-> 01:53:28,080
10127		-daily chart. So, moving within this
10128		-
10129		-2533
10130		-01:53:28,110 ~-~-> 01:53:31,200
10131		-price swing we can reasonably expect you
10132		-
10133		-2534
10134		-01:53:31,950 ~-~-> 01:53:35,100
10135		-intraday trading opportunities which is
10136		-
10137		-2535
10138		-01:53:35,100 ~-~-> 01:53:37,890
10139		-beyond the scope of this teaching again
10140		-
10141		-2536
10142		-01:53:37,890 ~-~-> 01:53:42,720
10143		-but as price moves up and makes us price
10144		-
10145		-2537
10146		-01:53:42,720 ~-~-> 01:53:47,070
10147		-swing here starts to retrace back in we
10148		-
10149		-2538
10150		-01:53:47,070 ~-~-> 01:53:51,300
10151		-have to order block areas that may be
10152		-
10153		-2539
10154		-01:53:51,750 ~-~-> 01:53:54,480
10155		-utilized as retracement opportunities.
10156		-
10157		-2540
10158		-01:53:55,020 ~-~-> 01:53:57,630
10159		-Okay, you have this one here with this
10160		-
10161		-2541
10162		-01:53:58,590 ~-~-> 01:54:02,730
10163		-candle here which is free Down candle
10164		-
10165		-2542
10166		-01:54:02,730 ~-~-> 01:54:04,920
10167		-prior to the rally up in here, okay, so
10168		-
10169		-2543
10170		-01:54:04,920 ~-~-> 01:54:06,420
10171		-above this high here would be the
10172		-
10173		-2544
10174		-01:54:06,420 ~-~-> 01:54:08,340
10175		-indication of a market structure shift
10176		-
10177		-2545
10178		-01:54:08,670 ~-~-> 01:54:11,100
10179		-on a lower timeframe. So when it breaks
10180		-
10181		-2546
10182		-01:54:11,100 ~-~-> 01:54:12,720
10183		-above that if it comes back down to that
10184		-
10185		-2547
10186		-01:54:12,720 ~-~-> 01:54:15,600
10187		-same point of origin, this will be a
10188		-
10189		-2548
10190		-01:54:15,630 ~-~-> 01:54:18,180
10191		-likely candidate for a buy. Now I want
10192		-
10193		-2549
10194		-01:54:18,180 ~-~-> 01:54:20,910
10195		-to draw your attention to here is the
10196		-
10197		-2550
10198		-01:54:20,910 ~-~-> 01:54:24,180
10199		-fact that we didn't get lower than these
10200		-
10201		-2551
10202		-01:54:24,180 ~-~-> 01:54:27,030
10203		-lows here really doesn't negate the
10204		-
10205		-2552
10206		-01:54:27,090 ~-~-> 01:54:29,880
10207		-validity of this potential area. It just
10208		-
10209		-2553
10210		-01:54:29,880 ~-~-> 01:54:32,040
10211		-means that they have enough of their
10212		-
10213		-2554
10214		-01:54:32,040 ~-~-> 01:54:34,920
10215		-orders established in this area here on
10216		-
10217		-2555
10218		-01:54:34,920 ~-~-> 01:54:38,010
10219		-this front prior to this candle making
10220		-
10221		-2556
10222		-01:54:38,010 ~-~-> 01:54:39,900
10223		-this here. Now what's this down move
10224		-
10225		-2557
10226		-01:54:39,900 ~-~-> 01:54:42,630
10227		-here? All these candles moving up,
10228		-
10229		-2558
10230		-01:54:42,930 ~-~-> 01:54:45,120
10231		-breaking the swing high here. Okay, this
10232		-
10233		-2559
10234		-01:54:45,120 ~-~-> 01:54:47,880
10235		-is the first down candle high above this
10236		-
10237		-2560
10238		-01:54:47,880 ~-~-> 01:54:50,160
10239		-candle here. When it broke here, market
10240		-
10241		-2561
10242		-01:54:50,160 ~-~-> 01:54:52,260
10243		-structure in the lower timeframes was
10244		-
10245		-2562
10246		-01:54:52,260 ~-~-> 01:54:55,500
10247		-bullish. Okay. So when we see that price
10248		-
10249		-2563
10250		-01:54:55,500 ~-~-> 01:54:57,330
10251		-comes right back down, gets into the
10252		-
10253		-2564
10254		-01:54:57,330 ~-~-> 01:54:58,890
10255		-same order block here now one a little
10256		-
10257		-2565
10258		-01:54:58,890 ~-~-> 01:55:01,950
10259		-bit lower again. But if we extend this
10260		-
10261		-2566
10262		-01:55:01,950 ~-~-> 01:55:06,300
10263		-in time, I'm going to illustrate what it
10264		-
10265		-2567
10266		-01:55:06,300 ~-~-> 01:55:08,280
10267		-is specifically that's going on on an
10268		-
10269		-2568
10270		-01:55:08,280 ~-~-> 01:55:10,590
10271		-institutional level that you need to be
10272		-
10273		-2569
10274		-01:55:10,590 ~-~-> 01:55:13,200
10275		-aware of to help you with your trading.
10276		-
10277		-2570
10278		-01:55:15,090 ~-~-> 01:55:16,530
10279		-And I'm going to take these lines off
10280		-
10281		-2571
10282		-01:55:16,530 ~-~-> 01:55:19,710
10283		-because they no longer are serving a
10284		-
10285		-2572
10286		-01:55:19,710 ~-~-> 01:55:24,060
10287		-purpose. Okay, so price comes down. And
10288		-
10289		-2573
10290		-01:55:24,060 ~-~-> 01:55:25,620
10291		-again, remember these these days here
10292		-
10293		-2574
10294		-01:55:25,620 ~-~-> 01:55:29,190
10295		-we're talking about earlier if you as
10296		-
10297		-2575
10298		-01:55:29,190 ~-~-> 01:55:31,620
10299		-price ran up, here, we were in that
10300		-
10301		-2576
10302		-01:55:31,620 ~-~-> 01:55:35,580
10303		-bullish environment where the averages
10304		-
10305		-2577
10306		-01:55:35,580 ~-~-> 01:55:37,650
10307		-were indicating that we're likely to see
10308		-
10309		-2578
10310		-01:55:37,650 ~-~-> 01:55:40,170
10311		-upward pressure. When price came down
10312		-
10313		-2579
10314		-01:55:40,170 ~-~-> 01:55:43,380
10315		-like this, we can sit back and wait for
10316		-
10317		-2580
10318		-01:55:43,380 ~-~-> 01:55:45,300
10319		-price to enter back into an area of
10320		-
10321		-2581
10322		-01:55:45,330 ~-~-> 01:55:50,220
10323		-potential institutional order. So when
10324		-
10325		-2582
10326		-01:55:50,220 ~-~-> 01:55:51,930
10327		-we have price moving back into that,
10328		-
10329		-2583
10330		-01:55:52,410 ~-~-> 01:55:55,500
10331		-this is where we start understanding the
10332		-
10333		-2584
10334		-01:55:55,500 ~-~-> 01:55:58,170
10335		-mechanics behind the ICT optimal trade
10336		-
10337		-2585
10338		-01:55:58,170 ~-~-> 01:56:00,300
10339		-entry pattern. And let's Let's take a
10340		-
10341		-2586
10342		-01:56:00,300 ~-~-> 01:56:07,380
10343		-look at that now. We have the swing here
10344		-
10345		-2587
10346		-01:56:07,380 ~-~-> 01:56:10,470
10347		-from this low up to this range high
10348		-
10349		-2588
10350		-01:56:10,470 ~-~-> 01:56:13,860
10351		-here. Okay, so we have the low here and
10352		-
10353		-2589
10354		-01:56:13,860 ~-~-> 01:56:15,810
10355		-the high here, price comes down and
10356		-
10357		-2590
10358		-01:56:15,810 ~-~-> 01:56:19,170
10359		-slams right into that 70.5 level or
10360		-
10361		-2591
10362		-01:56:19,170 ~-~-> 01:56:22,080
10363		-sweetspot like I like to call it that
10364		-
10365		-2592
10366		-01:56:22,080 ~-~-> 01:56:23,340
10367		-means you could be buying anywhere
10368		-
10369		-2593
10370		-01:56:23,340 ~-~-> 01:56:25,950
10371		-around that 130 big figure not factoring
10372		-
10373		-2594
10374		-01:56:25,950 ~-~-> 01:56:27,660
10375		-in the spread obviously about three pips
10376		-
10377		-2595
10378		-01:56:27,660 ~-~-> 01:56:30,870
10379		-as this is a safe bet, in this case 130
10380		-
10381		-2596
10382		-01:56:30,870 ~-~-> 01:56:34,740
10383		-oh six or 135 is a good number that you
10384		-
10385		-2597
10386		-01:56:34,740 ~-~-> 01:56:41,100
10387		-can try to get long in the the low prior
10388		-
10389		-2598
10390		-01:56:41,100 ~-~-> 01:56:43,680
10391		-to that this swing low here would be a
10392		-
10393		-2599
10394		-01:56:44,250 ~-~-> 01:56:47,610
10395		-possible scenario to had you are
10396		-
10397		-2600
10398		-01:56:47,700 ~-~-> 01:56:50,490
10399		-expecting this candle here. If it dipped
10400		-
10401		-2601
10402		-01:56:50,490 ~-~-> 01:56:52,500
10403		-down lower, we could have caught 260 2%
10404		-
10405		-2602
10406		-01:56:52,500 ~-~-> 01:56:54,660
10407		-there. Okay, so I get a lot of questions
10408		-
10409		-2603
10410		-01:56:54,660 ~-~-> 01:56:57,360
10411		-on why I move my fib to certain swings
10412		-
10413		-2604
10414		-01:56:57,360 ~-~-> 01:56:59,160
10415		-and such. And now you're understanding
10416		-
10417		-2605
10418		-01:56:59,190 ~-~-> 01:57:00,630
10419		-really the mechanics Find it all.
10420		-
10421		-2606
10422		-01:57:01,170 ~-~-> 01:57:04,890
10423		-So let's look at the optimal trade entry
10424		-
10425		-2607
10426		-01:57:04,890 ~-~-> 01:57:07,980
10427		-a little bit closer and understand some,
10428		-
10429		-2608
10430		-01:57:08,250 ~-~-> 01:57:11,100
10431		-some central tenants to it and what's
10432		-
10433		-2609
10434		-01:57:11,190 ~-~-> 01:57:13,470
10435		-specifically that pattern really
10436		-
10437		-2610
10438		-01:57:13,470 ~-~-> 01:57:17,820
10439		-capitalizes on when we have a market
10440		-
10441		-2611
10442		-01:57:18,150 ~-~-> 01:57:21,330
10443		-take out a swing high like this, okay?
10444		-
10445		-2612
10446		-01:57:22,080 ~-~-> 01:57:25,380
10447		-We have institutional sponsorship that
10448		-
10449		-2613
10450		-01:57:25,380 ~-~-> 01:57:27,780
10451		-takes the market above Okay, and when it
10452		-
10453		-2614
10454		-01:57:27,780 ~-~-> 01:57:30,330
10455		-returns back into an area of previous
10456		-
10457		-2615
10458		-01:57:30,330 ~-~-> 01:57:33,480
10459		-consolidation, we expect that to
10460		-
10461		-2616
10462		-01:57:34,890 ~-~-> 01:57:37,800
10463		-reposition or assume more Long's. Okay.
10464		-
10465		-2617
10466		-01:57:38,220 ~-~-> 01:57:39,870
10467		-So I was preparing orders in here.
10468		-
10469		-2618
10470		-01:57:40,050 ~-~-> 01:57:41,670
10471		-They're allowing the market participants
10472		-
10473		-2619
10474		-01:57:41,730 ~-~-> 01:57:44,790
10475		-okay to see this quick drop down. Okay.
10476		-
10477		-2620
10478		-01:57:44,790 ~-~-> 01:57:46,530
10479		-And that's one of the things I find kind
10480		-
10481		-2621
10482		-01:57:46,530 ~-~-> 01:57:49,470
10483		-of interesting when when the markets are
10484		-
10485		-2622
10486		-01:57:49,740 ~-~-> 01:57:52,440
10487		-predisposed to go higher. They had these
10488		-
10489		-2623
10490		-01:57:52,440 ~-~-> 01:57:55,470
10491		-really one or two quick down dynamic
10492		-
10493		-2624
10494		-01:57:55,470 ~-~-> 01:57:57,870
10495		-days, okay, it kind of gets you all
10496		-
10497		-2625
10498		-01:57:58,320 ~-~-> 01:57:59,820
10499		-flustered and thinking, you know, hey,
10500		-
10501		-2626
10502		-01:57:59,820 ~-~-> 01:58:01,140
10503		-look This mark is probably going to go
10504		-
10505		-2627
10506		-01:58:01,140 ~-~-> 01:58:03,900
10507		-lower. And if you're really sensitive to
10508		-
10509		-2628
10510		-01:58:03,900 ~-~-> 01:58:06,030
10511		-the lower timeframes, like you know, one
10512		-
10513		-2629
10514		-01:58:06,030 ~-~-> 01:58:09,000
10515		-515 minutes, or even less than hourly in
10516		-
10517		-2630
10518		-01:58:09,000 ~-~-> 01:58:11,970
10519		-any capacity, it's very easy to swing
10520		-
10521		-2631
10522		-01:58:12,000 ~-~-> 01:58:16,110
10523		-your daily bias based on that. And if
10524		-
10525		-2632
10526		-01:58:16,110 ~-~-> 01:58:17,640
10527		-you learn to start looking at these
10528		-
10529		-2633
10530		-01:58:17,640 ~-~-> 01:58:20,550
10531		-daily and four hour charts, it helps you
10532		-
10533		-2634
10534		-01:58:20,550 ~-~-> 01:58:25,320
10535		-hold on to a longer term perspective and
10536		-
10537		-2635
10538		-01:58:25,320 ~-~-> 01:58:27,330
10539		-you are less likely to be lulled into
10540		-
10541		-2636
10542		-01:58:27,570 ~-~-> 01:58:29,520
10543		-swinging back and forth on a daily basis
10544		-
10545		-2637
10546		-01:58:29,550 ~-~-> 01:58:31,230
10547		-you know, your daily basis being bullish
10548		-
10549		-2638
10550		-01:58:31,230 ~-~-> 01:58:33,930
10551		-one day embarrassed the next you can see
10552		-
10553		-2639
10554		-01:58:33,930 ~-~-> 01:58:36,570
10555		-really when when these moves really take
10556		-
10557		-2640
10558		-01:58:36,570 ~-~-> 01:58:38,640
10559		-off, there are several days that they
10560		-
10561		-2641
10562		-01:58:38,640 ~-~-> 01:58:40,590
10563		-move, okay, then you have a retrace and
10564		-
10565		-2642
10566		-01:58:40,590 ~-~-> 01:58:42,840
10567		-there are several days where it moves,
10568		-
10569		-2643
10570		-01:58:43,020 ~-~-> 01:58:44,820
10571		-then you retrace, then there's really
10572		-
10573		-2644
10574		-01:58:44,820 ~-~-> 01:58:48,630
10575		-dynamic several days on the upside once
10576		-
10577		-2645
10578		-01:58:48,630 ~-~-> 01:58:50,850
10579		-it really starts to move out. When you
10580		-
10581		-2646
10582		-01:58:50,850 ~-~-> 01:58:54,120
10583		-find that it's fulfilled its order
10584		-
10585		-2647
10586		-01:58:54,120 ~-~-> 01:58:56,790
10587		-block, okay. You'll see that there's
10588		-
10589		-2648
10590		-01:58:56,790 ~-~-> 01:58:59,370
10591		-many times very little time for you to
10592		-
10593		-2649
10594		-01:58:59,370 ~-~-> 01:59:01,530
10595		-catch up. entry point. So you got to
10596		-
10597		-2650
10598		-01:59:01,530 ~-~-> 01:59:03,150
10599		-know these things in advance. And that's
10600		-
10601		-2651
10602		-01:59:03,150 ~-~-> 01:59:04,800
10603		-why reacting to a price is not really
10604		-
10605		-2652
10606		-01:59:04,800 ~-~-> 01:59:08,160
10607		-the best case scenario. But as price
10608		-
10609		-2653
10610		-01:59:08,160 ~-~-> 01:59:11,010
10611		-moves down into this range here, okay?
10612		-
10613		-2654
10614		-01:59:11,280 ~-~-> 01:59:13,050
10615		-You can actually see in this smaller
10616		-
10617		-2655
10618		-01:59:13,050 ~-~-> 01:59:15,060
10619		-consolidation, okay, see this right
10620		-
10621		-2656
10622		-01:59:15,060 ~-~-> 01:59:17,520
10623		-here. So don't worry, we're here. Let's
10624		-
10625		-2657
10626		-01:59:17,520 ~-~-> 01:59:20,970
10627		-use this rectangle to highlight that.
10628		-
10629		-2658
10630		-01:59:23,220 ~-~-> 01:59:24,570
10631		-And what we'll do is we'll actually go
10632		-
10633		-2659
10634		-01:59:24,570 ~-~-> 01:59:28,320
10635		-down into a smaller timeframe for our
10636		-
10637		-2660
10638		-01:59:28,320 ~-~-> 01:59:32,640
10639		-chart, and we'll study that little
10640		-
10641		-2661
10642		-01:59:32,640 ~-~-> 01:59:36,120
10643		-consolidation as well. So we're going to
10644		-
10645		-2662
10646		-01:59:36,120 ~-~-> 01:59:38,280
10647		-assume for a moment that you were not
10648		-
10649		-2663
10650		-01:59:38,280 ~-~-> 01:59:42,480
10651		-privy to know in this order block or
10652		-
10653		-2664
10654		-01:59:42,480 ~-~-> 01:59:46,920
10655		-institutional order area here, okay, and
10656		-
10657		-2665
10658		-01:59:46,950 ~-~-> 01:59:48,510
10659		-as we moved into a consolidation in
10660		-
10661		-2666
10662		-01:59:48,510 ~-~-> 01:59:50,610
10663		-here, okay, what we'll do is we're going
10664		-
10665		-2667
10666		-01:59:50,610 ~-~-> 01:59:55,260
10667		-to drop down into it for our Okay, and
10668		-
10669		-2668
10670		-01:59:55,260 ~-~-> 01:59:58,950
10671		-you're going to see that same underlying
10672		-
10673		-2669
10674		-01:59:59,100 ~-~-> 02:00:02,280
10675		-pattern. We have a swing high in here,
10676		-
10677		-2670
10678		-02:00:03,060 ~-~-> 02:00:06,000
10679		-which is broken. Okay. I'm going to
10680		-
10681		-2671
10682		-02:00:06,000 ~-~-> 02:00:07,290
10683		-recap the pattern what you're looking
10684		-
10685		-2672
10686		-02:00:07,290 ~-~-> 02:00:10,890
10687		-for this is how Institute's
10688		-
10689		-2673
10690		-02:00:10,920 ~-~-> 02:00:13,410
10691		-institutional trading can be mimicked.
10692		-
10693		-2674
10694		-02:00:15,750 ~-~-> 02:00:18,450
10695		-Okay, you have an area of potential
10696		-
10697		-2675
10698		-02:00:18,450 ~-~-> 02:00:20,070
10699		-support which we've already identified
10700		-
10701		-2676
10702		-02:00:20,130 ~-~-> 02:00:23,700
10703		-on a daily chart. Market ran up into
10704		-
10705		-2677
10706		-02:00:23,700 ~-~-> 02:00:25,620
10707		-swing high came back retrace. Now you
10708		-
10709		-2678
10710		-02:00:25,620 ~-~-> 02:00:29,040
10711		-can trade this with a pure understanding
10712		-
10713		-2679
10714		-02:00:29,040 ~-~-> 02:00:30,870
10715		-that's a support level. And this could
10716		-
10717		-2680
10718		-02:00:30,870 ~-~-> 02:00:33,390
10719		-be your retracement here. Okay. Now
10720		-
10721		-2681
10722		-02:00:33,390 ~-~-> 02:00:34,860
10723		-again, that's a four hour basis, you
10724		-
10725		-2682
10726		-02:00:34,860 ~-~-> 02:00:36,690
10727		-could you could do that. And the reason
10728		-
10729		-2683
10730		-02:00:36,690 ~-~-> 02:00:39,510
10731		-why is because you're using the same
10732		-
10733		-2684
10734		-02:00:42,450 ~-~-> 02:00:44,790
10735		-underlying premise prior to this move up
10736		-
10737		-2685
10738		-02:00:44,910 ~-~-> 02:00:48,780
10739		-the first down candle prior to it, which
10740		-
10741		-2686
10742		-02:00:48,780 ~-~-> 02:00:52,110
10743		-is here, if price returns back to that
10744		-
10745		-2687
10746		-02:00:52,110 ~-~-> 02:00:57,360
10747		-range, as it does here. Okay, and I'll
10748		-
10749		-2688
10750		-02:00:57,360 ~-~-> 02:01:00,450
10751		-drop a fib on as you can see mechanics
10752		-
10753		-2689
10754		-02:01:00,450 ~-~-> 02:01:06,240
10755		-behind it. Okay, you can see the 79 cent
10756		-
10757		-2690
10758		-02:01:06,240 ~-~-> 02:01:07,710
10759		-chasing level stops it dead to rights
10760		-
10761		-2691
10762		-02:01:07,710 ~-~-> 02:01:09,960
10763		-boom, right there. Okay, and then price
10764		-
10765		-2692
10766		-02:01:09,960 ~-~-> 02:01:13,020
10767		-rallies up. In here when we have this
10768		-
10769		-2693
10770		-02:01:13,020 ~-~-> 02:01:15,300
10771		-break here on a four hour This is much
10772		-
10773		-2694
10774		-02:01:15,300 ~-~-> 02:01:17,550
10775		-more dynamic when you see this take
10776		-
10777		-2695
10778		-02:01:17,550 ~-~-> 02:01:20,550
10779		-place. Okay, put this in your notepad.
10780		-
10781		-2696
10782		-02:01:21,030 ~-~-> 02:01:23,070
10783		-If you see the overall pattern on a four
10784		-
10785		-2697
10786		-02:01:23,070 ~-~-> 02:01:25,380
10787		-hour chart break like this and your
10788		-
10789		-2698
10790		-02:01:25,380 ~-~-> 02:01:27,690
10791		-overall bullish still on the higher
10792		-
10793		-2699
10794		-02:01:27,690 ~-~-> 02:01:30,630
10795		-timeframe daily man get ready because
10796		-
10797		-2700
10798		-02:01:30,630 ~-~-> 02:01:33,060
10799		-it's going to have a dynamic price surge
10800		-
10801		-2701
10802		-02:01:33,060 ~-~-> 02:01:36,630
10803		-higher. Once we have a return back to
10804		-
10805		-2702
10806		-02:01:36,810 ~-~-> 02:01:38,340
10807		-the point of origin the port of origin
10808		-
10809		-2703
10810		-02:01:38,340 ~-~-> 02:01:39,990
10811		-is what we discussed right here. And
10812		-
10813		-2704
10814		-02:01:39,990 ~-~-> 02:01:42,360
10815		-then when price moved up here again, the
10816		-
10817		-2705
10818		-02:01:42,360 ~-~-> 02:01:46,470
10819		-first candle it's down prior to the
10820		-
10821		-2706
10822		-02:01:46,470 ~-~-> 02:01:54,360
10823		-rally up. Once price, rallies up, away
10824		-
10825		-2707
10826		-02:01:54,360 ~-~-> 02:01:56,310
10827		-and breaks the swing high like we just
10828		-
10829		-2708
10830		-02:01:56,310 ~-~-> 02:01:58,800
10831		-discussed right here.
10832		-
10833		-2709
10834		-02:02:00,450 ~-~-> 02:02:03,180
10835		-We had this rally up, we wait. And when
10836		-
10837		-2710
10838		-02:02:03,180 ~-~-> 02:02:04,650
10839		-price returns back to this point of
10840		-
10841		-2711
10842		-02:02:04,650 ~-~-> 02:02:07,170
10843		-origin right in here, okay? This is
10844		-
10845		-2712
10846		-02:02:07,170 ~-~-> 02:02:08,910
10847		-where they dip back into that order
10848		-
10849		-2713
10850		-02:02:08,910 ~-~-> 02:02:11,490
10851		-block. Okay? So they had their orders
10852		-
10853		-2714
10854		-02:02:11,490 ~-~-> 02:02:13,350
10855		-here that came back, they want to get an
10856		-
10857		-2715
10858		-02:02:13,350 ~-~-> 02:02:16,260
10859		-average fill around here that 130 20,
10860		-
10861		-2716
10862		-02:02:16,260 ~-~-> 02:02:18,750
10863		-maybe 130 30 level, if you look over
10864		-
10865		-2717
10866		-02:02:18,750 ~-~-> 02:02:20,850
10867		-here, you can see that's the case, price
10868		-
10869		-2718
10870		-02:02:20,850 ~-~-> 02:02:22,680
10871		-comes down, dips back into that order
10872		-
10873		-2719
10874		-02:02:22,680 ~-~-> 02:02:26,130
10875		-block again, okay, they spend about a
10876		-
10877		-2720
10878		-02:02:26,130 ~-~-> 02:02:29,520
10879		-day or so in there, acquiring more long
10880		-
10881		-2721
10882		-02:02:29,520 ~-~-> 02:02:31,860
10883		-positions. Okay, now what we'll do is
10884		-
10885		-2722
10886		-02:02:31,860 ~-~-> 02:02:34,740
10887		-we're going to use this swing low here,
10888		-
10889		-2723
10890		-02:02:34,830 ~-~-> 02:02:37,590
10891		-up to the high here, okay, using that
10892		-
10893		-2724
10894		-02:02:37,590 ~-~-> 02:02:39,990
10895		-same range. And you can see the 7970
10896		-
10897		-2725
10898		-02:02:39,990 ~-~-> 02:02:43,170
10899		-cent level right in here is containing
10900		-
10901		-2726
10902		-02:02:43,170 ~-~-> 02:02:44,550
10903		-the body to the candle and there's only
10904		-
10905		-2727
10906		-02:02:44,550 ~-~-> 02:02:46,590
10907		-been two little wicks. Okay, we're
10908		-
10909		-2728
10910		-02:02:46,590 ~-~-> 02:02:49,710
10911		-talking about maybe three pips that it
10912		-
10913		-2729
10914		-02:02:49,710 ~-~-> 02:02:52,560
10915		-violated the size and tracing level. So
10916		-
10917		-2730
10918		-02:02:53,550 ~-~-> 02:02:55,230
10919		-if you were using just a 10 PIP stop
10920		-
10921		-2731
10922		-02:02:55,230 ~-~-> 02:02:58,110
10923		-below this low here and I don't want to
10924		-
10925		-2732
10926		-02:02:58,110 ~-~-> 02:03:01,590
10927		-get into Last plate placement yet but I
10928		-
10929		-2733
10930		-02:03:01,590 ~-~-> 02:03:03,750
10931		-just want to give you a little hint as
10932		-
10933		-2734
10934		-02:03:03,750 ~-~-> 02:03:05,280
10935		-to what's going on if you were you're
10936		-
10937		-2735
10938		-02:03:05,280 ~-~-> 02:03:07,140
10939		-buying in here 279 cent tracing level
10940		-
10941		-2736
10942		-02:03:07,170 ~-~-> 02:03:08,730
10943		-and let's be fair and say you're buying
10944		-
10945		-2737
10946		-02:03:08,730 ~-~-> 02:03:13,860
10947		-at 270 and 70.5 at the low here's 37
10948		-
10949		-2738
10950		-02:03:13,860 ~-~-> 02:03:18,090
10951		-pips and your stop to be 10 pips below
10952		-
10953		-2739
10954		-02:03:18,090 ~-~-> 02:03:21,930
10955		-that would be at 130 oh four, okay, and
10956		-
10957		-2740
10958		-02:03:21,930 ~-~-> 02:03:23,940
10959		-that means you'd be risking. If you're
10960		-
10961		-2741
10962		-02:03:23,940 ~-~-> 02:03:25,620
10963		-trading just on the four hour basis,
10964		-
10965		-2742
10966		-02:03:26,040 ~-~-> 02:03:28,170
10967		-you'd have to have a stop of 47 pips.
10968		-
10969		-2743
10970		-02:03:28,410 ~-~-> 02:03:29,970
10971		-And that's still very close to what my
10972		-
10973		-2744
10974		-02:03:29,970 ~-~-> 02:03:33,510
10975		-average standard 30 PIP stop loss is. So
10976		-
10977		-2745
10978		-02:03:33,510 ~-~-> 02:03:35,280
10979		-you can see how by understanding this
10980		-
10981		-2746
10982		-02:03:35,280 ~-~-> 02:03:37,110
10983		-we've already trimmed down a huge amount
10984		-
10985		-2747
10986		-02:03:37,110 ~-~-> 02:03:39,690
10987		-of the risk on a four hour timeframe.
10988		-
10989		-2748
10990		-02:03:39,780 ~-~-> 02:03:41,970
10991		-Not to mention what we could do we drop
10992		-
10993		-2749
10994		-02:03:41,970 ~-~-> 02:03:44,100
10995		-down to an hourly basis and or 15 minute
10996		-
10997		-2750
10998		-02:03:44,100 ~-~-> 02:03:46,920
10999		-basis, which we'll do in a few moments
11000		-
11001		-2751
11002		-02:03:46,920 ~-~-> 02:03:48,600
11003		-but just stuff for the moment. Let's
11004		-
11005		-2752
11006		-02:03:48,600 ~-~-> 02:03:50,580
11007		-just look at this again in greater
11008		-
11009		-2753
11010		-02:03:50,580 ~-~-> 02:03:54,600
11011		-detail. price moves down into this order
11012		-
11013		-2754
11014		-02:03:54,600 ~-~-> 02:03:57,180
11015		-block price, based on this candle here.
11016		-
11017		-2755
11018		-02:03:57,540 ~-~-> 02:04:00,000
11019		-You can see it does not really matter.
11020		-
11021		-2756
11022		-02:04:00,300 ~-~-> 02:04:01,740
11023		-Jad down here and stabbed very
11024		-
11025		-2757
11026		-02:04:01,740 ~-~-> 02:04:03,960
11027		-aggressively to hold the sunlight
11028		-
11029		-2758
11030		-02:04:03,960 ~-~-> 02:04:05,250
11031		-saturation level as we just noted
11032		-
11033		-2759
11034		-02:04:05,250 ~-~-> 02:04:08,220
11035		-earlier. So once price does this and it
11036		-
11037		-2760
11038		-02:04:08,550 ~-~-> 02:04:10,320
11039		-accumulates whatever it is that
11040		-
11041		-2761
11042		-02:04:11,010 ~-~-> 02:04:12,720
11043		-institutionally traders are trying to
11044		-
11045		-2762
11046		-02:04:12,720 ~-~-> 02:04:15,090
11047		-acquire, I don't have the insight as to
11048		-
11049		-2763
11050		-02:04:15,090 ~-~-> 02:04:17,340
11051		-what it is specifically they're trying
11052		-
11053		-2764
11054		-02:04:17,340 ~-~-> 02:04:19,140
11055		-to acquire how much of the position
11056		-
11057		-2765
11058		-02:04:19,140 ~-~-> 02:04:20,820
11059		-they're assuming I just understand the
11060		-
11061		-2766
11062		-02:04:20,820 ~-~-> 02:04:22,260
11063		-footprint that they leave in the
11064		-
11065		-2767
11066		-02:04:22,260 ~-~-> 02:04:24,150
11067		-marketplace that when that takes place,
11068		-
11069		-2768
11070		-02:04:24,480 ~-~-> 02:04:27,240
11071		-okay, we know that it's most likely
11072		-
11073		-2769
11074		-02:04:27,240 ~-~-> 02:04:28,800
11075		-going to have an aggressive move up,
11076		-
11077		-2770
11078		-02:04:28,950 ~-~-> 02:04:30,990
11079		-okay, because we had the first run up
11080		-
11081		-2771
11082		-02:04:30,990 ~-~-> 02:04:32,430
11083		-here and then a four hour market
11084		-
11085		-2772
11086		-02:04:32,430 ~-~-> 02:04:34,620
11087		-structure break here. And then you wait
11088		-
11089		-2773
11090		-02:04:34,620 ~-~-> 02:04:35,730
11091		-for it to come back. Where's it gonna
11092		-
11093		-2774
11094		-02:04:35,760 ~-~-> 02:04:38,460
11095		-come back to? This is your point of
11096		-
11097		-2775
11098		-02:04:38,460 ~-~-> 02:04:41,760
11099		-origin right here. Okay. And it could
11100		-
11101		-2776
11102		-02:04:41,760 ~-~-> 02:04:43,410
11103		-very well easily come back into this one
11104		-
11105		-2777
11106		-02:04:43,410 ~-~-> 02:04:44,910
11107		-as well and create almost like a double
11108		-
11109		-2778
11110		-02:04:44,910 ~-~-> 02:04:47,760
11111		-bottom. It rarely does that. And the
11112		-
11113		-2779
11114		-02:04:47,760 ~-~-> 02:04:49,770
11115		-reason why is because once it goes down,
11116		-
11117		-2780
11118		-02:04:49,920 ~-~-> 02:04:52,290
11119		-it doesn't want to usually come down
11120		-
11121		-2781
11122		-02:04:52,290 ~-~-> 02:04:53,790
11123		-much lower than that because other
11124		-
11125		-2782
11126		-02:04:53,790 ~-~-> 02:04:56,220
11127		-institutional traders may get on board
11128		-
11129		-2783
11130		-02:04:56,220 ~-~-> 02:04:58,230
11131		-and drive much lower than that and throw
11132		-
11133		-2784
11134		-02:04:58,230 ~-~-> 02:05:02,430
11135		-off their their targeted average entry
11136		-
11137		-2785
11138		-02:05:02,430 ~-~-> 02:05:04,920
11139		-price. So as they move up here you can
11140		-
11141		-2786
11142		-02:05:04,920 ~-~-> 02:05:07,290
11143		-see you literally can see it as a as a
11144		-
11145		-2787
11146		-02:05:07,290 ~-~-> 02:05:09,300
11147		-buying opportunity here, they acquire
11148		-
11149		-2788
11150		-02:05:09,330 ~-~-> 02:05:11,220
11151		-Okay, it starts to move too much. So to
11152		-
11153		-2789
11154		-02:05:11,220 ~-~-> 02:05:13,290
11155		-settle down, relax, let price come back
11156		-
11157		-2790
11158		-02:05:13,290 ~-~-> 02:05:15,150
11159		-down again, dips back into this little
11160		-
11161		-2791
11162		-02:05:15,150 ~-~-> 02:05:17,670
11163		-area here. Okay, they buy more of it and
11164		-
11165		-2792
11166		-02:05:17,670 ~-~-> 02:05:19,530
11167		-it rallies up. You can see there's much
11168		-
11169		-2793
11170		-02:05:19,530 ~-~-> 02:05:21,990
11171		-more aggressive buying pressure on this
11172		-
11173		-2794
11174		-02:05:21,990 ~-~-> 02:05:24,120
11175		-candle here because it took three four
11176		-
11177		-2795
11178		-02:05:24,210 ~-~-> 02:05:26,610
11179		-hour candles to make this range here and
11180		-
11181		-2796
11182		-02:05:26,610 ~-~-> 02:05:28,950
11183		-then one four hour basis boom they took
11184		-
11185		-2797
11186		-02:05:28,950 ~-~-> 02:05:31,710
11187		-off here, then come back, retrace,
11188		-
11189		-2798
11190		-02:05:31,710 ~-~-> 02:05:33,150
11191		-retrace, retrace, where's it retracing
11192		-
11193		-2799
11194		-02:05:33,150 ~-~-> 02:05:35,550
11195		-to the point of origin right here. And
11196		-
11197		-2800
11198		-02:05:35,550 ~-~-> 02:05:36,900
11199		-then all of a sudden their remaining
11200		-
11201		-2801
11202		-02:05:38,280 ~-~-> 02:05:40,260
11203		-block of trades that they want to assume
11204		-
11205		-2802
11206		-02:05:40,770 ~-~-> 02:05:42,660
11207		-for a long position was acquired here
11208		-
11209		-2803
11210		-02:05:42,660 ~-~-> 02:05:45,660
11211		-and then they're off to the races. Now
11212		-
11213		-2804
11214		-02:05:45,690 ~-~-> 02:05:48,270
11215		-just trading back to an old high like
11216		-
11217		-2805
11218		-02:05:48,270 ~-~-> 02:05:51,120
11219		-this. Let's note that and you can see.
11220		-
11221		-2806
11222		-02:05:52,470 ~-~-> 02:05:57,480
11223		-Okay, looking for upward targets as I
11224		-
11225		-2807
11226		-02:05:57,510 ~-~-> 02:05:59,970
11227		-like that. We're going to use this one
11228		-
11229		-2808
11230		-02:06:00,000 ~-~-> 02:06:02,760
11231		-As a as an objective as an example
11232		-
11233		-2809
11234		-02:06:02,760 ~-~-> 02:06:07,350
11235		-there's 270 pips late your feet and this
11236		-
11237		-2810
11238		-02:06:07,350 ~-~-> 02:06:10,320
11239		-one here again we're going to assume you
11240		-
11241		-2811
11242		-02:06:10,320 ~-~-> 02:06:14,730
11243		-traded at around the around the sweet
11244		-
11245		-2812
11246		-02:06:14,730 ~-~-> 02:06:17,220
11247		-spot again there's 240 pips. So you're
11248		-
11249		-2813
11250		-02:06:17,220 ~-~-> 02:06:20,400
11251		-really would you be willing to risk
11252		-
11253		-2814
11254		-02:06:20,460 ~-~-> 02:06:22,800
11255		-roughly 50 pips just trading on a four
11256		-
11257		-2815
11258		-02:06:22,800 ~-~-> 02:06:26,040
11259		-hour basis, risk 50 pips to make 240
11260		-
11261		-2816
11262		-02:06:26,040 ~-~-> 02:06:28,350
11263		-pips just sounds like a good reward the
11264		-
11265		-2817
11266		-02:06:28,350 ~-~-> 02:06:32,220
11267		-risk. I'll leave that up for you to
11268		-
11269		-2818
11270		-02:06:32,220 ~-~-> 02:06:34,830
11271		-decide. As price moved up, you can see
11272		-
11273		-2819
11274		-02:06:34,830 ~-~-> 02:06:37,410
11275		-it easily, quite easily hit this
11276		-
11277		-2820
11278		-02:06:37,410 ~-~-> 02:06:39,060
11279		-objective and moved on beyond that as
11280		-
11281		-2821
11282		-02:06:39,060 ~-~-> 02:06:44,100
11283		-well. So with this example here, you can
11284		-
11285		-2822
11286		-02:06:44,100 ~-~-> 02:06:48,330
11287		-see how just simply waiting for these
11288		-
11289		-2823
11290		-02:06:48,330 ~-~-> 02:06:51,570
11291		-scenarios to set up. You can trade
11292		-
11293		-2824
11294		-02:06:51,570 ~-~-> 02:06:54,480
11295		-really a good number of pairs if you're
11296		-
11297		-2825
11298		-02:06:54,480 ~-~-> 02:06:56,010
11299		-trading on a higher timeframe basis like
11300		-
11301		-2826
11302		-02:06:56,010 ~-~-> 02:06:57,450
11303		-us because, number one, think about how
11304		-
11305		-2827
11306		-02:06:57,450 ~-~-> 02:06:59,370
11307		-much time it takes to set these trades.
11308		-
11309		-2828
11310		-02:07:00,000 ~-~-> 02:07:00,870
11311		-Takes a good bit of time.
11312		-
11313		-2829
11314		-02:07:01,590 ~-~-> 02:07:04,920
11315		-Also, it gives you a an area where to
11316		-
11317		-2830
11318		-02:07:04,920 ~-~-> 02:07:07,500
11319		-anticipate and hunt these specific
11320		-
11321		-2831
11322		-02:07:07,500 ~-~-> 02:07:10,650
11323		-patterns. Okay, so it allows you to the
11324		-
11325		-2832
11326		-02:07:10,650 ~-~-> 02:07:12,690
11327		-freedom to sit on your hands and wait
11328		-
11329		-2833
11330		-02:07:12,690 ~-~-> 02:07:14,430
11331		-and not feel rushed to get in here and
11332		-
11333		-2834
11334		-02:07:14,430 ~-~-> 02:07:16,290
11335		-just take a trade simply because it's
11336		-
11337		-2835
11338		-02:07:16,290 ~-~-> 02:07:18,990
11339		-something to do. Now what we're going to
11340		-
11341		-2836
11342		-02:07:18,990 ~-~-> 02:07:21,300
11343		-do is we're going to actually drill in
11344		-
11345		-2837
11346		-02:07:21,300 ~-~-> 02:07:25,500
11347		-tighter. Okay? And what I'm doing is I'm
11348		-
11349		-2838
11350		-02:07:25,530 ~-~-> 02:07:30,390
11351		-actually moving into this little pocket
11352		-
11353		-2839
11354		-02:07:30,390 ~-~-> 02:07:32,670
11355		-of price action. Okay, so this fractal
11356		-
11357		-2840
11358		-02:07:32,670 ~-~-> 02:07:35,790
11359		-here, we're going to look at in regards
11360		-
11361		-2841
11362		-02:07:35,940 ~-~-> 02:07:38,700
11363		-to a 15 minute x go down to one hour
11364		-
11365		-2842
11366		-02:07:38,700 ~-~-> 02:07:40,170
11367		-basis and see what that does first.
11368		-
11369		-2843
11370		-02:07:43,710 ~-~-> 02:07:49,170
11371		-Okay, now you can see price rallies up
11372		-
11373		-2844
11374		-02:07:49,170 ~-~-> 02:07:53,280
11375		-out of here. And right in here, you can
11376		-
11377		-2845
11378		-02:07:53,280 ~-~-> 02:07:54,540
11379		-actually see how we're actually starting
11380		-
11381		-2846
11382		-02:07:54,540 ~-~-> 02:08:01,020
11383		-to fine tune here's the bears. candle,
11384		-
11385		-2847
11386		-02:08:01,290 ~-~-> 02:08:03,060
11387		-the first one right before you go to
11388		-
11389		-2848
11390		-02:08:03,450 ~-~-> 02:08:06,540
11391		-move up. So if you bracket that out
11392		-
11393		-2849
11394		-02:08:08,850 ~-~-> 02:08:10,530
11395		-okay, you can see that's the the order
11396		-
11397		-2850
11398		-02:08:10,530 ~-~-> 02:08:13,170
11399		-block in here. Now again, it's anywhere
11400		-
11401		-2851
11402		-02:08:13,170 ~-~-> 02:08:16,710
11403		-in here specifically, okay? But what I
11404		-
11405		-2852
11406		-02:08:16,710 ~-~-> 02:08:20,910
11407		-like to see is like a Fibonacci level
11408		-
11409		-2853
11410		-02:08:20,940 ~-~-> 02:08:24,600
11411		-and or pivot level in this area to
11412		-
11413		-2854
11414		-02:08:24,600 ~-~-> 02:08:27,030
11415		-suggest where price may be going also
11416		-
11417		-2855
11418		-02:08:27,030 ~-~-> 02:08:29,460
11419		-like round numbers, and in this case,
11420		-
11421		-2856
11422		-02:08:29,460 ~-~-> 02:08:33,000
11423		-the 130 40 level is really ideal. And
11424		-
11425		-2857
11426		-02:08:33,060 ~-~-> 02:08:35,520
11427		-you can see that's also roughly the same
11428		-
11429		-2858
11430		-02:08:35,550 ~-~-> 02:08:38,280
11431		-price point this swing high is now also
11432		-
11433		-2859
11434		-02:08:38,280 ~-~-> 02:08:39,750
11435		-around or what we talked about when we
11436		-
11437		-2860
11438		-02:08:39,750 ~-~-> 02:08:41,640
11439		-look at swing highs, we'd like to look
11440		-
11441		-2861
11442		-02:08:41,640 ~-~-> 02:08:43,620
11443		-at the three bar pattern. Okay, here's
11444		-
11445		-2862
11446		-02:08:43,650 ~-~-> 02:08:48,000
11447		-the here's the highest candle in this
11448		-
11449		-2863
11450		-02:08:48,000 ~-~-> 02:08:50,790
11451		-pattern, the right candle to the right
11452		-
11453		-2864
11454		-02:08:50,790 ~-~-> 02:08:53,550
11455		-of it with a lower high. It's open and
11456		-
11457		-2865
11458		-02:08:53,550 ~-~-> 02:08:56,160
11459		-closed and higher lows important. The
11460		-
11461		-2866
11462		-02:08:56,160 ~-~-> 02:08:58,530
11463		-open high, low and close on the high
11464		-
11465		-2867
11466		-02:08:58,530 ~-~-> 02:09:00,630
11467		-candle are the highest most That three
11468		-
11469		-2868
11470		-02:09:00,900 ~-~-> 02:09:02,520
11471		-bar pattern on the swing high pattern.
11472		-
11473		-2869
11474		-02:09:02,940 ~-~-> 02:09:04,740
11475		-And then this high here, the open high,
11476		-
11477		-2870
11478		-02:09:04,740 ~-~-> 02:09:07,230
11479		-low and close as well. So when we, when
11480		-
11481		-2871
11482		-02:09:07,230 ~-~-> 02:09:09,420
11483		-we factor those individual price levels,
11484		-
11485		-2872
11486		-02:09:09,660 ~-~-> 02:09:11,010
11487		-you can actually take that out and
11488		-
11489		-2873
11490		-02:09:11,010 ~-~-> 02:09:12,630
11491		-extend that across in terms of like the
11492		-
11493		-2874
11494		-02:09:12,630 ~-~-> 02:09:15,420
11495		-horizontal lines and really specifically
11496		-
11497		-2875
11498		-02:09:15,420 ~-~-> 02:09:16,740
11499		-wait for price to move down to those
11500		-
11501		-2876
11502		-02:09:16,740 ~-~-> 02:09:19,170
11503		-levels on a one, I'm sorry, I want to
11504		-
11505		-2877
11506		-02:09:19,170 ~-~-> 02:09:21,330
11507		-five minute or 15 minute basis and
11508		-
11509		-2878
11510		-02:09:21,330 ~-~-> 02:09:23,160
11511		-really fine tune your entry in regards
11512		-
11513		-2879
11514		-02:09:23,160 ~-~-> 02:09:26,940
11515		-to what may be possible for trimming
11516		-
11517		-2880
11518		-02:09:26,940 ~-~-> 02:09:31,020
11519		-down to stop loss orders. So now what
11520		-
11521		-2881
11522		-02:09:31,020 ~-~-> 02:09:32,010
11523		-we're going to do is is going to take
11524		-
11525		-2882
11526		-02:09:32,010 ~-~-> 02:09:34,680
11527		-the same price level here, okay, and I'm
11528		-
11529		-2883
11530		-02:09:34,680 ~-~-> 02:09:36,000
11531		-going to look at
11532		-
11533		-2884
11534		-02:09:41,520 ~-~-> 02:09:46,830
11535		-this small little section and price are
11536		-
11537		-2885
11538		-02:09:46,830 ~-~-> 02:09:52,860
11539		-here. And I make sure I'm not getting
11540		-
11541		-2886
11542		-02:09:52,860 ~-~-> 02:09:59,940
11543		-more than I want okay, right in here's
11544		-
11545		-2887
11546		-02:10:00,390 ~-~-> 02:10:01,410
11547		-What I'm looking for
11548		-
11549		-2888
11550		-02:10:05,370 ~-~-> 02:10:06,150
11551		-right there.
11552		-
11553		-2889
11554		-02:10:14,070 ~-~-> 02:10:16,950
11555		-And again, that's January 9, and we're
11556		-
11557		-2890
11558		-02:10:16,950 ~-~-> 02:10:18,240
11559		-going to drop down to a 15 minute
11560		-
11561		-2891
11562		-02:10:18,240 ~-~-> 02:10:23,760
11563		-timeframe. Okay, and now watch. We have
11564		-
11565		-2892
11566		-02:10:24,630 ~-~-> 02:10:27,840
11567		-price action, okay in here moving up on
11568		-
11569		-2893
11570		-02:10:27,840 ~-~-> 02:10:30,420
11571		-a very short term basis, okay and comes
11572		-
11573		-2894
11574		-02:10:30,420 ~-~-> 02:10:37,140
11575		-back down. See this candle here? That's
11576		-
11577		-2895
11578		-02:10:37,140 ~-~-> 02:10:39,060
11579		-your point of origin, where the rally
11580		-
11581		-2896
11582		-02:10:39,060 ~-~-> 02:10:43,530
11583		-ensues. Right in here. move that out in
11584		-
11585		-2897
11586		-02:10:43,530 ~-~-> 02:10:47,910
11587		-time. Right in here. Price comes back
11588		-
11589		-2898
11590		-02:10:47,910 ~-~-> 02:10:51,510
11591		-down into it, and then runs up. Okay?
11592		-
11593		-2899
11594		-02:10:52,770 ~-~-> 02:10:58,830
11595		-Same thing here. Okay, we have this
11596		-
11597		-2900
11598		-02:10:58,830 ~-~-> 02:11:02,700
11599		-rally here. Here's the candle prior to
11600		-
11601		-2901
11602		-02:11:02,700 ~-~-> 02:11:06,120
11603		-the rally up, it's bearish. And if you
11604		-
11605		-2902
11606		-02:11:06,120 ~-~-> 02:11:14,880
11607		-take that area here you can see it
11608		-
11609		-2903
11610		-02:11:14,880 ~-~-> 02:11:18,900
11611		-enters that water block again, right
11612		-
11613		-2904
11614		-02:11:18,900 ~-~-> 02:11:21,510
11615		-here. And again, if you run your fibs on
11616		-
11617		-2905
11618		-02:11:21,510 ~-~-> 02:11:23,400
11619		-that, okay, you can get opportunities
11620		-
11621		-2906
11622		-02:11:23,400 ~-~-> 02:11:26,280
11623		-where you can take intraday trades and
11624		-
11625		-2907
11626		-02:11:26,310 ~-~-> 02:11:28,230
11627		-get in sync with the higher time frame
11628		-
11629		-2908
11630		-02:11:28,230 ~-~-> 02:11:32,130
11631		-trades as well. But assuming that you
11632		-
11633		-2909
11634		-02:11:32,130 ~-~-> 02:11:33,930
11635		-took that as your entry point based on
11636		-
11637		-2910
11638		-02:11:33,930 ~-~-> 02:11:36,000
11639		-the higher time frame trade, okay, you
11640		-
11641		-2911
11642		-02:11:36,000 ~-~-> 02:11:39,690
11643		-could trade this here. Okay, we get in
11644		-
11645		-2912
11646		-02:11:39,690 ~-~-> 02:11:45,870
11647		-at 130. Let's see what is prices 130 45.
11648		-
11649		-2913
11650		-02:11:46,290 ~-~-> 02:11:50,100
11651		-Let's say 130 47 fair. And you're using
11652		-
11653		-2914
11654		-02:11:50,100 ~-~-> 02:11:54,900
11655		-a 10 PIP stop below here. Mexico,
11656		-
11657		-2915
11658		-02:11:56,010 ~-~-> 02:11:57,750
11659		-crunches up just a little bit. So you
11660		-
11661		-2916
11662		-02:11:57,750 ~-~-> 02:11:59,640
11663		-can see where the stop loss would be.
11664		-
11665		-2917
11666		-02:12:00,000 ~-~-> 02:12:04,350
11667		-You can trim back the risk. Again,
11668		-
11669		-2918
11670		-02:12:04,410 ~-~-> 02:12:06,240
11671		-assuming you're getting long on a limit
11672		-
11673		-2919
11674		-02:12:06,300 ~-~-> 02:12:09,840
11675		-at 130 47. And we're going to use this
11676		-
11677		-2920
11678		-02:12:09,840 ~-~-> 02:12:11,820
11679		-low here as your primary reference point
11680		-
11681		-2921
11682		-02:12:11,820 ~-~-> 02:12:14,670
11683		-for stock location. If you go down 10
11684		-
11685		-2922
11686		-02:12:14,670 ~-~-> 02:12:17,490
11687		-pips below that, your order, your stop
11688		-
11689		-2923
11690		-02:12:17,490 ~-~-> 02:12:21,480
11691		-loss order will be at 130 27. Okay, and
11692		-
11693		-2924
11694		-02:12:21,480 ~-~-> 02:12:23,160
11695		-what we'll do is we're gonna put that in
11696		-
11697		-2925
11698		-02:12:23,160 ~-~-> 02:12:29,880
11699		-here 130 27 and price comes down but
11700		-
11701		-2926
11702		-02:12:29,880 ~-~-> 02:12:32,790
11703		-never comes close to it. Okay, I'm going
11704		-
11705		-2927
11706		-02:12:32,820 ~-~-> 02:12:34,920
11707		-to scrunch it but you can see it so you
11708		-
11709		-2928
11710		-02:12:34,920 ~-~-> 02:12:38,250
11711		-can get yourself positioned here. Okay,
11712		-
11713		-2929
11714		-02:12:38,250 ~-~-> 02:12:39,600
11715		-and again, this is a 15 minute charts
11716		-
11717		-2930
11718		-02:12:39,600 ~-~-> 02:12:41,700
11719		-here, waiting for these positions to
11720		-
11721		-2931
11722		-02:12:41,700 ~-~-> 02:12:44,640
11723		-unwind. These remember we're looking at
11724		-
11725		-2932
11726		-02:12:44,640 ~-~-> 02:12:48,060
11727		-a four hour and daily timeframe setup so
11728		-
11729		-2933
11730		-02:12:48,420 ~-~-> 02:12:50,580
11731		-you're not trading it on a 15 minute
11732		-
11733		-2934
11734		-02:12:50,580 ~-~-> 02:12:51,780
11735		-basis. So when you start seeing these
11736		-
11737		-2935
11738		-02:12:51,780 ~-~-> 02:12:54,000
11739		-wiggles lower, where's your stop loss
11740		-
11741		-2936
11742		-02:12:54,030 ~-~-> 02:12:56,220
11743		-down here? So you just simply let it do
11744		-
11745		-2937
11746		-02:12:56,220 ~-~-> 02:12:59,490
11747		-its thing and price rallies on up and
11748		-
11749		-2938
11750		-02:13:00,450 ~-~-> 02:13:02,910
11751		-You get excited and everything's, you
11752		-
11753		-2939
11754		-02:13:02,910 ~-~-> 02:13:06,540
11755		-know, as you'd hoped it would be. Okay,
11756		-
11757		-2940
11758		-02:13:06,540 ~-~-> 02:13:09,330
11759		-you can see the point of entry back
11760		-
11761		-2941
11762		-02:13:09,330 ~-~-> 02:13:12,210
11763		-here, and then the ultimate unwinding of
11764		-
11765		-2942
11766		-02:13:12,210 ~-~-> 02:13:17,430
11767		-that position here. Let's take a look at
11768		-
11769		-2943
11770		-02:13:17,430 ~-~-> 02:13:20,880
11771		-another example. And we see this price
11772		-
11773		-2944
11774		-02:13:20,880 ~-~-> 02:13:24,690
11775		-rally up off of a daily chart, key
11776		-
11777		-2945
11778		-02:13:24,690 ~-~-> 02:13:29,520
11779		-support level around here. And want to
11780		-
11781		-2946
11782		-02:13:29,520 ~-~-> 02:13:31,080
11783		-draw your attention to in here is
11784		-
11785		-2947
11786		-02:13:31,410 ~-~-> 02:13:33,630
11787		-obviously this quick rally up and then a
11788		-
11789		-2948
11790		-02:13:33,630 ~-~-> 02:13:38,070
11791		-bull flag formation here. We have this
11792		-
11793		-2949
11794		-02:13:38,070 ~-~-> 02:13:43,530
11795		-level in here if you were following any
11796		-
11797		-2950
11798		-02:13:43,530 ~-~-> 02:13:45,600
11799		-of my market reviews, we talked about
11800		-
11801		-2951
11802		-02:13:45,600 ~-~-> 02:13:49,530
11803		-this level being a possible area of
11804		-
11805		-2952
11806		-02:13:49,980 ~-~-> 02:13:54,450
11807		-support. And prior to the move out,
11808		-
11809		-2953
11810		-02:13:54,630 ~-~-> 02:13:57,870
11811		-okay, we had a couple different areas
11812		-
11813		-2954
11814		-02:13:57,870 ~-~-> 02:14:02,220
11815		-that could have meant To probable areas
11816		-
11817		-2955
11818		-02:14:02,220 ~-~-> 02:14:05,190
11819		-of support and institutional dealing
11820		-
11821		-2956
11822		-02:14:05,190 ~-~-> 02:14:10,980
11823		-ranges where order blocks may reside for
11824		-
11825		-2957
11826		-02:14:10,980 ~-~-> 02:14:15,930
11827		-the institutional level trading and that
11828		-
11829		-2958
11830		-02:14:15,930 ~-~-> 02:14:19,350
11831		-comes in the form here we have this
11832		-
11833		-2959
11834		-02:14:19,350 ~-~-> 02:14:21,210
11835		-candle here prior to to move up
11836		-
11837		-2960
11838		-02:14:30,210 ~-~-> 02:14:32,700
11839		-okay is no worse this move higher and
11840		-
11841		-2961
11842		-02:14:32,700 ~-~-> 02:14:43,830
11843		-this candle here okay and you can see
11844		-
11845		-2962
11846		-02:14:43,830 ~-~-> 02:14:47,160
11847		-that's the first bearish candle prior to
11848		-
11849		-2963
11850		-02:14:47,160 ~-~-> 02:14:49,530
11851		-the move higher first bearish candle
11852		-
11853		-2964
11854		-02:14:49,590 ~-~-> 02:14:53,250
11855		-prior to the move higher and we see also
11856		-
11857		-2965
11858		-02:14:54,240 ~-~-> 02:14:57,600
11859		-you know just likely support and
11860		-
11861		-2966
11862		-02:14:57,600 ~-~-> 02:14:59,670
11863		-resistance level based on this. It may
11864		-
11865		-2967
11866		-02:14:59,670 ~-~-> 02:15:02,010
11867		-turn out On the daily chart, we did get
11868		-
11869		-2968
11870		-02:15:02,010 ~-~-> 02:15:04,140
11871		-an opportunity to see a bounce here.
11872		-
11873		-2969
11874		-02:15:04,470 ~-~-> 02:15:07,140
11875		-Okay, and that's seen with this move
11876		-
11877		-2970
11878		-02:15:07,140 ~-~-> 02:15:10,290
11879		-here. This was the bearish candle prior
11880		-
11881		-2971
11882		-02:15:10,290 ~-~-> 02:15:14,250
11883		-to its rally up. So if you take the
11884		-
11885		-2972
11886		-02:15:14,250 ~-~-> 02:15:19,560
11887		-range in here, you can see how this
11888		-
11889		-2973
11890		-02:15:19,590 ~-~-> 02:15:21,090
11891		-retracement would have been a very
11892		-
11893		-2974
11894		-02:15:21,090 ~-~-> 02:15:24,510
11895		-decent, handsome opportunity to get
11896		-
11897		-2975
11898		-02:15:24,510 ~-~-> 02:15:28,530
11899		-along on. Price came back down to that
11900		-
11901		-2976
11902		-02:15:28,530 ~-~-> 02:15:32,310
11903		-same institutional order block in here
11904		-
11905		-2977
11906		-02:15:33,330 ~-~-> 02:15:35,250
11907		-and rally up higher and eventually
11908		-
11909		-2978
11910		-02:15:35,250 ~-~-> 02:15:39,120
11911		-started to break down. Okay, and let's
11912		-
11913		-2979
11914		-02:15:39,120 ~-~-> 02:15:40,470
11915		-take a look at what's transpired here.
11916		-
11917		-2980
11918		-02:15:40,470 ~-~-> 02:15:43,020
11919		-We lost this level here we try to start
11920		-
11921		-2981
11922		-02:15:43,020 ~-~-> 02:15:45,090
11923		-trading lower. Okay and this would be
11924		-
11925		-2982
11926		-02:15:45,090 ~-~-> 02:15:48,630
11927		-the next area to expect some support.
11928		-
11929		-2983
11930		-02:15:49,920 ~-~-> 02:15:51,690
11931		-Okay, and you can see price trades right
11932		-
11933		-2984
11934		-02:15:51,690 ~-~-> 02:15:54,210
11935		-down into that right there. Okay, and
11936		-
11937		-2985
11938		-02:15:54,210 ~-~-> 02:15:55,170
11939		-then what I'm gonna do is I'm just going
11940		-
11941		-2986
11942		-02:15:55,170 ~-~-> 02:15:58,560
11943		-to take a horizontal level, draw across
11944		-
11945		-2987
11946		-02:15:58,560 ~-~-> 02:16:01,590
11947		-the chart like that. Okay, and when you
11948		-
11949		-2988
11950		-02:16:01,590 ~-~-> 02:16:04,200
11951		-see this, this is the area where to
11952		-
11953		-2989
11954		-02:16:04,200 ~-~-> 02:16:09,060
11955		-reasonably expect prices to bounce. If
11956		-
11957		-2990
11958		-02:16:09,060 ~-~-> 02:16:13,380
11959		-you notice also the low here to this
11960		-
11961		-2991
11962		-02:16:13,380 ~-~-> 02:16:15,720
11963		-high, this is your your price when you
11964		-
11965		-2992
11966		-02:16:15,720 ~-~-> 02:16:19,050
11967		-see that. Okay, we're retracing inside
11968		-
11969		-2993
11970		-02:16:19,050 ~-~-> 02:16:21,960
11971		-that price swing. So if you take the
11972		-
11973		-2994
11974		-02:16:21,960 ~-~-> 02:16:24,540
11975		-range and highlight that with your
11976		-
11977		-2995
11978		-02:16:25,020 ~-~-> 02:16:27,150
11979		-Fibonacci tool, you can see the sweet
11980		-
11981		-2996
11982		-02:16:27,150 ~-~-> 02:16:28,980
11983		-spot lays directly right on top of that
11984		-
11985		-2997
11986		-02:16:29,340 ~-~-> 02:16:32,490
11987		-same point of origin right in here.
11988		-
11989		-2998
11990		-02:16:35,100 ~-~-> 02:16:38,010
11991		-Price does not move much lower than
11992		-
11993		-2999
11994		-02:16:38,010 ~-~-> 02:16:40,380
11995		-that. Again, this is a daily chart and
11996		-
11997		-3000
11998		-02:16:40,380 ~-~-> 02:16:46,950
11999		-price rallies on price rallies on so you
12000		-
12001		-3001
12002		-02:16:46,950 ~-~-> 02:16:49,200
12003		-can see that there's a definite
12004		-
12005		-3002
12006		-02:16:49,200 ~-~-> 02:16:51,630
12007		-advantage of knowing where the
12008		-
12009		-3003
12010		-02:16:51,630 ~-~-> 02:16:53,340
12011		-institutional level trading is going to
12012		-
12013		-3004
12014		-02:16:53,340 ~-~-> 02:16:56,790
12015		-come in to the marketplace. And I having
12016		-
12017		-3005
12018		-02:16:56,790 ~-~-> 02:16:58,110
12019		-an understanding of where that's gonna
12020		-
12021		-3006
12022		-02:16:58,110 ~-~-> 02:17:00,300
12023		-take place. You can also expect it On a
12024		-
12025		-3007
12026		-02:17:00,330 ~-~-> 02:17:03,150
12027		-time basis with the kill zones, okay, so
12028		-
12029		-3008
12030		-02:17:03,150 ~-~-> 02:17:04,380
12031		-we have an understanding of support
12032		-
12033		-3009
12034		-02:17:04,380 ~-~-> 02:17:06,600
12035		-resistance, we have an understanding of
12036		-
12037		-3010
12038		-02:17:06,600 ~-~-> 02:17:09,480
12039		-the time of day, we understand where the
12040		-
12041		-3011
12042		-02:17:09,480 ~-~-> 02:17:13,830
12043		-big moves should ensue and where to more
12044		-
12045		-3012
12046		-02:17:13,830 ~-~-> 02:17:17,640
12047		-or less wait for them to take place in
12048		-
12049		-3013
12050		-02:17:17,910 ~-~-> 02:17:20,850
12051		-form based on a higher timeframe charts
12052		-
12053		-3014
12054		-02:17:21,990 ~-~-> 02:17:27,630
12055		-if we if we look at the market on a
12056		-
12057		-3015
12058		-02:17:27,660 ~-~-> 02:17:32,880
12059		-shorter timeframe Okay, and we're going
12060		-
12061		-3016
12062		-02:17:32,880 ~-~-> 02:17:39,300
12063		-to apply our tools we learned for the
12064		-
12065		-3017
12066		-02:17:48,869 ~-~-> 02:17:53,459
12067		-directional bias Okay, and
12068		-
12069		-3018
12070		-02:18:01,020 ~-~-> 02:18:06,900
12071		-18 period Okay, and what we're going to
12072		-
12073		-3019
12074		-02:18:06,900 ~-~-> 02:18:08,310
12075		-do is we're going to look at a time
12076		-
12077		-3020
12078		-02:18:08,310 ~-~-> 02:18:13,470
12079		-frame when price was moving up in here,
12080		-
12081		-3021
12082		-02:18:14,220 ~-~-> 02:18:16,410
12083		-okay, and I'm going to highlight that
12084		-
12085		-3022
12086		-02:18:16,410 ~-~-> 02:18:21,330
12087		-with a rectangle in here. And what
12088		-
12089		-3023
12090		-02:18:21,330 ~-~-> 02:18:24,540
12091		-that's going to help me do is show you
12092		-
12093		-3024
12094		-02:18:25,020 ~-~-> 02:18:29,850
12095		-how to use this for trade entry and
12096		-
12097		-3025
12098		-02:18:29,880 ~-~-> 02:18:30,690
12099		-we're going to do is we're going to
12100		-
12101		-3026
12102		-02:18:30,690 ~-~-> 02:18:32,910
12103		-break down to a 15 minute timeframe to
12104		-
12105		-3027
12106		-02:18:32,910 ~-~-> 02:18:36,480
12107		-do that. Okay, what I did was zoom down
12108		-
12109		-3028
12110		-02:18:36,480 ~-~-> 02:18:39,480
12111		-into a 15 minute timeframe, and I added
12112		-
12113		-3029
12114		-02:18:39,480 ~-~-> 02:18:43,710
12115		-the Asian range for each daily intraday
12116		-
12117		-3030
12118		-02:18:43,710 ~-~-> 02:18:46,980
12119		-action. Now I'm going to draw your
12120		-
12121		-3031
12122		-02:18:46,980 ~-~-> 02:18:49,680
12123		-attention to here is as market moves
12124		-
12125		-3032
12126		-02:18:49,710 ~-~-> 02:18:52,110
12127		-into this is a Monday guys, it's very
12128		-
12129		-3033
12130		-02:18:52,110 ~-~-> 02:18:53,700
12131		-hard to see here but just a double line,
12132		-
12133		-3034
12134		-02:18:54,000 ~-~-> 02:18:56,430
12135		-delineating a Sunday. Okay, I'm just
12136		-
12137		-3035
12138		-02:18:56,430 ~-~-> 02:18:59,550
12139		-gonna scroll through and here is a
12140		-
12141		-3036
12142		-02:19:00,000 ~-~-> 02:19:02,610
12143		-Monday and going into Tuesday. Here's
12144		-
12145		-3037
12146		-02:19:02,610 ~-~-> 02:19:07,200
12147		-Tuesday's trading here. Okay? Now,
12148		-
12149		-3038
12150		-02:19:07,770 ~-~-> 02:19:09,360
12151		-looking at this, you can see how price
12152		-
12153		-3039
12154		-02:19:09,360 ~-~-> 02:19:13,740
12155		-moved up here and created a range here.
12156		-
12157		-3040
12158		-02:19:14,760 ~-~-> 02:19:18,330
12159		-See this down candle prior to the move
12160		-
12161		-3041
12162		-02:19:18,330 ~-~-> 02:19:22,740
12163		-up. Okay, we had this rally up here. If
12164		-
12165		-3042
12166		-02:19:22,740 ~-~-> 02:19:25,860
12167		-you take your fib and you pull it from a
12168		-
12169		-3043
12170		-02:19:26,100 ~-~-> 02:19:28,740
12171		-swing low here, up to this range high
12172		-
12173		-3044
12174		-02:19:33,750 ~-~-> 02:19:35,640
12175		-price comes down to the 62% retracement
12176		-
12177		-3045
12178		-02:19:35,640 ~-~-> 02:19:38,310
12179		-level. And this is nine GMT. This is the
12180		-
12181		-3046
12182		-02:19:38,310 ~-~-> 02:19:40,980
12183		-London open. Okay. So there's an
12184		-
12185		-3047
12186		-02:19:40,980 ~-~-> 02:19:43,470
12187		-opportunity were being long again and
12188		-
12189		-3048
12190		-02:19:43,470 ~-~-> 02:19:45,120
12191		-now with the background being blue like
12192		-
12193		-3049
12194		-02:19:45,120 ~-~-> 02:19:47,070
12195		-desk again, what that's highlighting is
12196		-
12197		-3050
12198		-02:19:47,580 ~-~-> 02:19:50,670
12199		-a time period when on a daily basis. We
12200		-
12201		-3051
12202		-02:19:50,670 ~-~-> 02:19:52,590
12203		-have a nine period exponential moving
12204		-
12205		-3052
12206		-02:19:52,590 ~-~-> 02:19:54,450
12207		-average above the 18 period. So we have
12208		-
12209		-3053
12210		-02:19:54,450 ~-~-> 02:19:57,540
12211		-institutional momentum on the upward
12212		-
12213		-3054
12214		-02:19:57,930 ~-~-> 02:19:59,490
12215		-side of the market always. We're looking
12216		-
12217		-3055
12218		-02:19:59,490 ~-~-> 02:20:01,170
12219		-for just buy The framework is
12220		-
12221		-3056
12222		-02:20:01,170 ~-~-> 02:20:04,440
12223		-established as a bullish scenario. So we
12224		-
12225		-3057
12226		-02:20:04,440 ~-~-> 02:20:05,700
12227		-would be looking for opportunities to be
12228		-
12229		-3058
12230		-02:20:05,700 ~-~-> 02:20:08,010
12231		-a buyer here. And that's one example
12232		-
12233		-3059
12234		-02:20:08,010 ~-~-> 02:20:09,780
12235		-here using what we just discussed with
12236		-
12237		-3060
12238		-02:20:10,050 ~-~-> 02:20:12,330
12239		-point of origin here. And when price
12240		-
12241		-3061
12242		-02:20:12,330 ~-~-> 02:20:14,100
12243		-rallies up and trades back down into it.
12244		-
12245		-3062
12246		-02:20:18,300 ~-~-> 02:20:23,550
12247		-We see price move up into its high for
12248		-
12249		-3063
12250		-02:20:23,550 ~-~-> 02:20:28,320
12251		-the day and then we have another right
12252		-
12253		-3064
12254		-02:20:28,320 ~-~-> 02:20:37,140
12255		-here. Okay, we have this range here and
12256		-
12257		-3065
12258		-02:20:37,140 ~-~-> 02:20:43,860
12259		-trades down. We're going to use this is
12260		-
12261		-3066
12262		-02:20:43,860 ~-~-> 02:20:48,420
12263		-the first down, bearish candle prior to
12264		-
12265		-3067
12266		-02:20:48,420 ~-~-> 02:20:50,610
12267		-move higher. So we're going to use that
12268		-
12269		-3068
12270		-02:20:50,760 ~-~-> 02:20:59,790
12271		-as its basis. Okay, great in here. And
12272		-
12273		-3069
12274		-02:20:59,790 ~-~-> 02:21:03,030
12275		-we had This candle here prior to this
12276		-
12277		-3070
12278		-02:21:03,030 ~-~-> 02:21:06,360
12279		-move up so we could use that one as
12280		-
12281		-3071
12282		-02:21:06,360 ~-~-> 02:21:10,710
12283		-well. What you're looking for is clear
12284		-
12285		-3072
12286		-02:21:10,740 ~-~-> 02:21:14,370
12287		-points of where price moves with
12288		-
12289		-3073
12290		-02:21:14,370 ~-~-> 02:21:16,800
12291		-conviction. Okay where it's really
12292		-
12293		-3074
12294		-02:21:16,800 ~-~-> 02:21:18,840
12295		-clearly trying to move away you have it
12296		-
12297		-3075
12298		-02:21:18,840 ~-~-> 02:21:22,200
12299		-here okay and then you have a here is
12300		-
12301		-3076
12302		-02:21:22,200 ~-~-> 02:21:25,410
12303		-again it's the 15 minute time frame and
12304		-
12305		-3077
12306		-02:21:25,410 ~-~-> 02:21:27,270
12307		-then price makes its price swing and
12308		-
12309		-3078
12310		-02:21:27,270 ~-~-> 02:21:31,260
12311		-trades lower. This candle on very low
12312		-
12313		-3079
12314		-02:21:31,260 ~-~-> 02:21:35,820
12315		-here is 1515 GMT so that's like like 15
12316		-
12317		-3080
12318		-02:21:35,820 ~-~-> 02:21:42,030
12319		-minutes past the the kill zone that this
12320		-
12321		-3081
12322		-02:21:42,090 ~-~-> 02:21:45,360
12323		-was established for this trading trading
12324		-
12325		-3082
12326		-02:21:45,360 ~-~-> 02:21:48,690
12327		-series. This here is 15 GMT and this is
12328		-
12329		-3083
12330		-02:21:48,690 ~-~-> 02:21:55,530
12331		-1445 GMT so this is still capable trade
12332		-
12333		-3084
12334		-02:21:55,530 ~-~-> 02:21:58,350
12335		-setup for the New York open session
12336		-
12337		-3085
12338		-02:21:58,830 ~-~-> 02:22:00,690
12339		-light late for New York but still
12340		-
12341		-3086
12342		-02:22:00,690 ~-~-> 02:22:02,220
12343		-nonetheless, it's something you could
12344		-
12345		-3087
12346		-02:22:02,220 ~-~-> 02:22:03,030
12347		-take a trade on.
12348		-
12349		-3088
12350		-02:22:09,630 ~-~-> 02:22:12,600
12351		-Let's go out one here.
12352		-
12353		-3089
12354		-02:22:14,280 ~-~-> 02:22:14,940
12355		-We have
12356		-
12357		-3090
12358		-02:22:19,140 ~-~-> 02:22:20,940
12359		-just in market structure alone here,
12360		-
12361		-3091
12362		-02:22:20,940 ~-~-> 02:22:24,300
12363		-this is nice where you have a low, a
12364		-
12365		-3092
12366		-02:22:24,300 ~-~-> 02:22:27,570
12367		-lower low to have them in here and a
12368		-
12369		-3093
12370		-02:22:27,570 ~-~-> 02:22:29,190
12371		-higher low here. So we have an
12372		-
12373		-3094
12374		-02:22:29,190 ~-~-> 02:22:31,230
12375		-intermediate term low just in market
12376		-
12377		-3095
12378		-02:22:31,230 ~-~-> 02:22:34,230
12379		-structure alone. So that's that's
12380		-
12381		-3096
12382		-02:22:34,260 ~-~-> 02:22:36,810
12383		-bullish by itself without anything else
12384		-
12385		-3097
12386		-02:22:36,810 ~-~-> 02:22:38,430
12387		-added to it. That's That's very good.
12388		-
12389		-3098
12390		-02:22:39,990 ~-~-> 02:22:42,480
12391		-And then we have price rally up away
12392		-
12393		-3099
12394		-02:22:42,480 ~-~-> 02:22:46,080
12395		-here. This is our first bullish candle
12396		-
12397		-3100
12398		-02:22:46,080 ~-~-> 02:22:47,220
12399		-prior to the move up.
12400		-
12401		-3101
12402		-02:22:57,810 ~-~-> 02:23:00,540
12403		-Okay, you can see how arise up Your
12404		-
12405		-3102
12406		-02:23:00,540 ~-~-> 02:23:06,390
12407		-range. What's your fib on that range
12408		-
12409		-3103
12410		-02:23:08,400 ~-~-> 02:23:10,980
12411		-right in here. This candle Here comes in
12412		-
12413		-3104
12414		-02:23:11,010 ~-~-> 02:23:14,670
12415		-at nine GMT. This candle here is 930
12416		-
12417		-3105
12418		-02:23:14,670 ~-~-> 02:23:18,810
12419		-GMT. That's London open. Okay, we also
12420		-
12421		-3106
12422		-02:23:18,810 ~-~-> 02:23:19,320
12423		-have
12424		-
12425		-3107
12426		-02:23:26,040 ~-~-> 02:23:28,890
12427		-this rally here and it comes right back
12428		-
12429		-3108
12430		-02:23:28,890 ~-~-> 02:23:32,820
12431		-into here's the first bearish candle
12432		-
12433		-3109
12434		-02:23:32,820 ~-~-> 02:23:34,710
12435		-prior to the move up. So this is where
12436		-
12437		-3110
12438		-02:23:34,710 ~-~-> 02:23:37,320
12439		-the market structure would shift. Okay,
12440		-
12441		-3111
12442		-02:23:37,410 ~-~-> 02:23:41,250
12443		-and without having to draw a line you
12444		-
12445		-3112
12446		-02:23:41,250 ~-~-> 02:23:42,690
12447		-can see we've moved back into that range
12448		-
12449		-3113
12450		-02:23:42,690 ~-~-> 02:23:44,940
12451		-right here. Here is the smaller
12452		-
12453		-3114
12454		-02:23:47,100 ~-~-> 02:23:48,630
12455		-reference point, here's where you would
12456		-
12457		-3115
12458		-02:23:48,630 ~-~-> 02:23:52,230
12459		-be buying. And again 10 PIP risk below
12460		-
12461		-3116
12462		-02:23:52,230 ~-~-> 02:23:54,630
12463		-here. Let's give you an idea what that
12464		-
12465		-3117
12466		-02:23:54,630 ~-~-> 02:23:57,660
12467		-will look like in terms of and we're
12468		-
12469		-3118
12470		-02:23:57,660 ~-~-> 02:24:03,690
12471		-going to say we bought at the 70.5 level
12472		-
12473		-3119
12474		-02:24:04,020 ~-~-> 02:24:09,450
12475		-130 107 here's the low and if we go down
12476		-
12477		-3120
12478		-02:24:10,110 ~-~-> 02:24:13,260
12479		-10 pips below that, your stop would be
12480		-
12481		-3121
12482		-02:24:13,260 ~-~-> 02:24:18,240
12483		-at 130 at six. Okay, so approximately a
12484		-
12485		-3122
12486		-02:24:18,240 ~-~-> 02:24:22,440
12487		-30 PIP stop well within the range of
12488		-
12489		-3123
12490		-02:24:23,130 ~-~-> 02:24:26,550
12491		-profitable trading back to an old high,
12492		-
12493		-3124
12494		-02:24:26,940 ~-~-> 02:24:28,620
12495		-you could take profits here take profits
12496		-
12497		-3125
12498		-02:24:28,620 ~-~-> 02:24:30,780
12499		-here or just look forward to continue
12500		-
12501		-3126
12502		-02:24:30,780 ~-~-> 02:24:37,140
12503		-moving on on a higher basis. Okay, see
12504		-
12505		-3127
12506		-02:24:37,140 ~-~-> 02:24:40,920
12507		-price moving up here. Now just let's
12508		-
12509		-3128
12510		-02:24:40,950 ~-~-> 02:24:46,020
12511		-zoom in here and I want you to see using
12512		-
12513		-3129
12514		-02:24:46,020 ~-~-> 02:24:49,470
12515		-the ideas that we just covered. Okay
12516		-
12517		-3130
12518		-02:24:49,470 ~-~-> 02:24:51,210
12519		-look at every time when the market moves
12520		-
12521		-3131
12522		-02:24:51,300 ~-~-> 02:24:55,680
12523		-up, breaks a swing high. Okay, then
12524		-
12525		-3132
12526		-02:24:55,680 ~-~-> 02:24:57,120
12527		-comes back down and comes right back
12528		-
12529		-3133
12530		-02:24:57,120 ~-~-> 02:24:59,820
12531		-into that previous point of origin
12532		-
12533		-3134
12534		-02:24:59,820 ~-~-> 02:25:01,560
12535		-already. This is where the move starts
12536		-
12537		-3135
12538		-02:25:01,920 ~-~-> 02:25:03,780
12539		-and trades right back into it. This is
12540		-
12541		-3136
12542		-02:25:03,780 ~-~-> 02:25:06,510
12543		-what you pull your fib on. Okay. I get a
12544		-
12545		-3137
12546		-02:25:06,510 ~-~-> 02:25:08,730
12547		-lot of questions, you know, where, what
12548		-
12549		-3138
12550		-02:25:08,730 ~-~-> 02:25:10,560
12551		-am I looking for? Why do I put my fib?
12552		-
12553		-3139
12554		-02:25:10,560 ~-~-> 02:25:12,780
12555		-Where, why would I use those those
12556		-
12557		-3140
12558		-02:25:12,780 ~-~-> 02:25:14,130
12559		-reference points like you do in your
12560		-
12561		-3141
12562		-02:25:14,130 ~-~-> 02:25:15,810
12563		-videos, or if you go back over all of
12564		-
12565		-3142
12566		-02:25:15,810 ~-~-> 02:25:17,100
12567		-the videos, you'll see me doing it.
12568		-
12569		-3143
12570		-02:25:17,100 ~-~-> 02:25:18,450
12571		-You'll see me doing this very thing.
12572		-
12573		-3144
12574		-02:25:19,920 ~-~-> 02:25:23,670
12575		-Okay, and here we go. We have price
12576		-
12577		-3145
12578		-02:25:23,700 ~-~-> 02:25:27,270
12579		-moving up here. Okay, this is a Monday's
12580		-
12581		-3146
12582		-02:25:27,270 ~-~-> 02:25:30,630
12583		-trading. We have the first bearish
12584		-
12585		-3147
12586		-02:25:30,630 ~-~-> 02:25:35,190
12587		-candle prior to the move going up. Okay,
12588		-
12589		-3148
12590		-02:25:35,460 ~-~-> 02:25:41,850
12591		-take your range. Jolyon over here. Can
12592		-
12593		-3149
12594		-02:25:41,850 ~-~-> 02:25:44,670
12595		-you see that here this this candle forms
12596		-
12597		-3150
12598		-02:25:44,700 ~-~-> 02:25:49,890
12599		-at 630 GMT, at 630 GMT. That's about a
12600		-
12601		-3151
12602		-02:25:49,890 ~-~-> 02:25:55,680
12603		-half hour before the very, very
12604		-
12605		-3152
12606		-02:25:55,680 ~-~-> 02:25:58,890
12607		-beginning of what I like to see in terms
12608		-
12609		-3153
12610		-02:25:58,890 ~-~-> 02:26:06,960
12611		-of the The meat of London starting, you
12612		-
12613		-3154
12614		-02:26:06,960 ~-~-> 02:26:08,100
12615		-can see how it comes right down to that
12616		-
12617		-3155
12618		-02:26:08,100 ~-~-> 02:26:12,960
12619		-sweet spot in here. Okay, and also note,
12620		-
12621		-3156
12622		-02:26:13,590 ~-~-> 02:26:15,270
12623		-sharp, I probably should have said this,
12624		-
12625		-3157
12626		-02:26:15,270 ~-~-> 02:26:17,910
12627		-I'm jumping ahead of myself. When you're
12628		-
12629		-3158
12630		-02:26:17,910 ~-~-> 02:26:19,800
12631		-looking to be a buyer, you want to be
12632		-
12633		-3159
12634		-02:26:19,800 ~-~-> 02:26:21,240
12635		-doing what we mentioned earlier in a
12636		-
12637		-3160
12638		-02:26:21,240 ~-~-> 02:26:23,670
12639		-previous video using the Asian range
12640		-
12641		-3161
12642		-02:26:23,670 ~-~-> 02:26:25,050
12643		-high as your filter. So now what you
12644		-
12645		-3162
12646		-02:26:25,050 ~-~-> 02:26:27,750
12647		-want to be buying, definitely anything
12648		-
12649		-3163
12650		-02:26:27,750 ~-~-> 02:26:32,100
12651		-below this level, okay? It's an ideal
12652		-
12653		-3164
12654		-02:26:32,160 ~-~-> 02:26:35,250
12655		-position, entry point. Again, here we
12656		-
12657		-3165
12658		-02:26:35,250 ~-~-> 02:26:37,170
12659		-have the Asian range high, this is below
12660		-
12661		-3166
12662		-02:26:37,170 ~-~-> 02:26:38,610
12663		-the Asian range low so that's even
12664		-
12665		-3167
12666		-02:26:38,670 ~-~-> 02:26:46,710
12667		-better. Okay. And here is the New York
12668		-
12669		-3168
12670		-02:26:46,710 ~-~-> 02:26:52,020
12671		-session by and again, here's the bearish
12672		-
12673		-3169
12674		-02:26:52,020 ~-~-> 02:26:56,010
12675		-candle prior to the move up, okay, and
12676		-
12677		-3170
12678		-02:26:56,010 ~-~-> 02:26:57,120
12679		-if you look over here, you can see we
12680		-
12681		-3171
12682		-02:26:57,120 ~-~-> 02:26:58,680
12683		-move right back into that point of
12684		-
12685		-3172
12686		-02:26:58,680 ~-~-> 02:27:00,540
12687		-origin Okay, so they move right back
12688		-
12689		-3173
12690		-02:27:00,540 ~-~-> 02:27:04,470
12691		-into that, that dealing range and order
12692		-
12693		-3174
12694		-02:27:04,470 ~-~-> 02:27:10,530
12695		-block. If you use too low in here, up to
12696		-
12697		-3175
12698		-02:27:10,530 ~-~-> 02:27:11,850
12699		-here you can see how we went right down
12700		-
12701		-3176
12702		-02:27:11,850 ~-~-> 02:27:14,910
12703		-to say nice I'm tracing level and rather
12704		-
12705		-3177
12706		-02:27:14,910 ~-~-> 02:27:17,940
12707		-handsomely even if you used the low
12708		-
12709		-3178
12710		-02:27:17,940 ~-~-> 02:27:20,520
12711		-formed in London, you're still getting
12712		-
12713		-3179
12714		-02:27:20,580 ~-~-> 02:27:22,260
12715		-almost a sweet spot here but certainly
12716		-
12717		-3180
12718		-02:27:22,260 ~-~-> 02:27:25,050
12719		-this 62% retracement level and getting
12720		-
12721		-3181
12722		-02:27:25,050 ~-~-> 02:27:26,730
12723		-in sync with the daily trend you can see
12724		-
12725		-3182
12726		-02:27:26,730 ~-~-> 02:27:29,550
12727		-how that's rather handsome in terms of a
12728		-
12729		-3183
12730		-02:27:29,550 ~-~-> 02:27:34,710
12731		-trade opportunity. Okay, and again, we
12732		-
12733		-3184
12734		-02:27:34,710 ~-~-> 02:27:37,980
12735		-have this point here at where we have a
12736		-
12737		-3185
12738		-02:27:38,730 ~-~-> 02:27:42,450
12739		-new york session low. Remember we're
12740		-
12741		-3186
12742		-02:27:42,450 ~-~-> 02:27:45,000
12743		-looking at session highs and lows, not
12744		-
12745		-3187
12746		-02:27:45,000 ~-~-> 02:27:47,430
12747		-just previous day's highs and lows. And
12748		-
12749		-3188
12750		-02:27:48,150 ~-~-> 02:27:50,700
12751		-here is your bearish candle prior to the
12752		-
12753		-3189
12754		-02:27:50,700 ~-~-> 02:27:51,990
12755		-rally up so you're gonna see market
12756		-
12757		-3190
12758		-02:27:51,990 ~-~-> 02:27:55,770
12759		-structure, shift on this candle draw
12760		-
12761		-3191
12762		-02:27:55,770 ~-~-> 02:27:56,760
12763		-that out in time
12764		-
12765		-3192
12766		-02:28:00,179 ~-~-> 02:28:02,249
12767		-Okay, cuz this is the point of origin
12768		-
12769		-3193
12770		-02:28:02,609 ~-~-> 02:28:04,289
12771		-where this rally took place. So the
12772		-
12773		-3194
12774		-02:28:04,289 ~-~-> 02:28:07,889
12775		-range that was created here, originally
12776		-
12777		-3195
12778		-02:28:07,889 ~-~-> 02:28:09,479
12779		-right here on this bearish candle. So
12780		-
12781		-3196
12782		-02:28:09,479 ~-~-> 02:28:10,889
12783		-when the market structure broke here,
12784		-
12785		-3197
12786		-02:28:11,519 ~-~-> 02:28:13,409
12787		-this is where the order block resides,
12788		-
12789		-3198
12790		-02:28:13,679 ~-~-> 02:28:15,599
12791		-okay within this candle. This is where
12792		-
12793		-3199
12794		-02:28:15,599 ~-~-> 02:28:18,209
12795		-the, the institutional order block
12796		-
12797		-3200
12798		-02:28:18,209 ~-~-> 02:28:21,419
12799		-resides. Okay, someone market meanders
12800		-
12801		-3201
12802		-02:28:21,419 ~-~-> 02:28:23,249
12803		-and trades lower it was a good back into
12804		-
12805		-3202
12806		-02:28:23,249 ~-~-> 02:28:26,099
12807		-that same order block. And then you do
12808		-
12809		-3203
12810		-02:28:26,309 ~-~-> 02:28:28,019
12811		-acquire more the original position they
12812		-
12813		-3204
12814		-02:28:28,019 ~-~-> 02:28:29,579
12815		-were trying to acquire here that they
12816		-
12817		-3205
12818		-02:28:29,579 ~-~-> 02:28:30,779
12819		-couldn't get on because the market
12820		-
12821		-3206
12822		-02:28:30,779 ~-~-> 02:28:33,119
12823		-started to take off. And if you take
12824		-
12825		-3207
12826		-02:28:33,119 ~-~-> 02:28:36,239
12827		-that and you add that to your fibs.
12828		-
12829		-3208
12830		-02:28:37,979 ~-~-> 02:28:39,329
12831		-Okay, you can see how here's the
12832		-
12833		-3209
12834		-02:28:39,329 ~-~-> 02:28:41,489
12835		-sunlight saturation level deviated just
12836		-
12837		-3210
12838		-02:28:41,489 ~-~-> 02:28:42,809
12839		-a little bit and we're going to give you
12840		-
12841		-3211
12842		-02:28:42,809 ~-~-> 02:28:46,439
12843		-actually how much it moved below it. To
12844		-
12845		-3212
12846		-02:28:46,439 ~-~-> 02:28:48,119
12847		-give you an idea how much we're talking
12848		-
12849		-3213
12850		-02:28:48,119 ~-~-> 02:28:49,799
12851		-about six pips I think that's livable
12852		-
12853		-3214
12854		-02:28:49,799 ~-~-> 02:28:51,839
12855		-guys. You guys can certainly tolerate
12856		-
12857		-3215
12858		-02:28:51,839 ~-~-> 02:28:57,029
12859		-that. If you were to use the lower low
12860		-
12861		-3216
12862		-02:28:57,089 ~-~-> 02:28:59,759
12863		-here, you still end up with the sweet
12864		-
12865		-3217
12866		-02:28:59,759 ~-~-> 02:29:01,829
12867		-spot Okay, so you can see how using
12868		-
12869		-3218
12870		-02:29:01,829 ~-~-> 02:29:04,529
12871		-session lows and highs, you know, with a
12872		-
12873		-3219
12874		-02:29:04,559 ~-~-> 02:29:07,379
12875		-directional bias defined as we just
12876		-
12877		-3220
12878		-02:29:07,829 ~-~-> 02:29:10,439
12879		-covered in this video, it really helps
12880		-
12881		-3221
12882		-02:29:10,439 ~-~-> 02:29:11,909
12883		-you figure it out opportunities and
12884		-
12885		-3222
12886		-02:29:11,909 ~-~-> 02:29:13,769
12887		-certainly being a buyer down here below
12888		-
12889		-3223
12890		-02:29:13,769 ~-~-> 02:29:15,959
12891		-the Asian range high. Okay, think of the
12892		-
12893		-3224
12894		-02:29:15,959 ~-~-> 02:29:17,279
12895		-daily range. Remember we were talking
12896		-
12897		-3225
12898		-02:29:17,279 ~-~-> 02:29:21,089
12899		-about the likelihood of big range days
12900		-
12901		-3226
12902		-02:29:21,359 ~-~-> 02:29:23,219
12903		-if we have the opening price in here,
12904		-
12905		-3227
12906		-02:29:23,339 ~-~-> 02:29:25,499
12907		-okay, it doesn't really work both sides
12908		-
12909		-3228
12910		-02:29:25,499 ~-~-> 02:29:27,029
12911		-of the opening price very much and
12912		-
12913		-3229
12914		-02:29:27,029 ~-~-> 02:29:28,859
12915		-certainly doesn't work the lower end
12916		-
12917		-3230
12918		-02:29:29,159 ~-~-> 02:29:31,229
12919		-making the low very much and onwards.
12920		-
12921		-3231
12922		-02:29:31,529 ~-~-> 02:29:33,569
12923		-What am I mean by that? There's not much
12924		-
12925		-3232
12926		-02:29:33,569 ~-~-> 02:29:36,899
12927		-range on daily bar from the opening to
12928		-
12929		-3233
12930		-02:29:36,899 ~-~-> 02:29:39,509
12931		-the low. Okay, and let's see what that
12932		-
12933		-3234
12934		-02:29:39,509 ~-~-> 02:29:42,389
12935		-does here. Okay, we're just gonna
12936		-
12937		-3235
12938		-02:29:42,749 ~-~-> 02:29:46,559
12939		-eyeball it. And we're talking about 27
12940		-
12941		-3236
12942		-02:29:46,559 ~-~-> 02:29:50,969
12943		-pips. Okay. 27 pips. So it worked lower
12944		-
12945		-3237
12946		-02:29:50,969 ~-~-> 02:29:56,819
12947		-27 but moved off the lows for the day to
12948		-
12949		-3238
12950		-02:29:56,819 ~-~-> 02:30:01,169
12951		-the tune of 76 pips So it's basically
12952		-
12953		-3239
12954		-02:30:01,169 ~-~-> 02:30:02,819
12955		-three to one almost. Okay?
12956		-
12957		-3240
12958		-02:30:09,809 ~-~-> 02:30:14,129
12959		-The the reoccurring principle is simply
12960		-
12961		-3241
12962		-02:30:14,129 ~-~-> 02:30:17,249
12963		-looking for retracements in an uptrend
12964		-
12965		-3242
12966		-02:30:17,279 ~-~-> 02:30:18,569
12967		-Okay, so you're buying dips in an
12968		-
12969		-3243
12970		-02:30:18,569 ~-~-> 02:30:23,249
12971		-uptrend. And if you look at here we go
12972		-
12973		-3244
12974		-02:30:23,249 ~-~-> 02:30:23,669
12975		-here.
12976		-
12977		-3245
12978		-02:30:26,400 ~-~-> 02:30:27,480
12979		-Here's one where
12980		-
12981		-3246
12982		-02:30:28,830 ~-~-> 02:30:31,410
12983		-it was not able to get down into that
12984		-
12985		-3247
12986		-02:30:31,680 ~-~-> 02:30:40,290
12987		-price point in here. But using just the
12988		-
12989		-3248
12990		-02:30:40,320 ~-~-> 02:30:42,060
12991		-optimal trade entry, you can see how
12992		-
12993		-3249
12994		-02:30:42,060 ~-~-> 02:30:46,140
12995		-we've got a sweet spot here. And I'm
12996		-
12997		-3250
12998		-02:30:46,140 ~-~-> 02:30:48,930
12999		-sure if you pulled the pivots up, which
13000		-
13001		-3251
13002		-02:30:48,930 ~-~-> 02:30:50,940
13003		-we're not going to do here, because I'm
13004		-
13005		-3252
13006		-02:30:50,940 ~-~-> 02:30:54,480
13007		-trying to keep this video around three
13008		-
13009		-3253
13010		-02:30:54,480 ~-~-> 02:30:56,790
13011		-hours at maximum, which is a lot by
13012		-
13013		-3254
13014		-02:30:56,790 ~-~-> 02:30:59,970
13015		-itself, but nonetheless, it's certainly
13016		-
13017		-3255
13018		-02:31:00,000 ~-~-> 02:31:05,850
13019		-Yeah certainly a long video and here's
13020		-
13021		-3256
13022		-02:31:05,910 ~-~-> 02:31:07,650
13023		-you know, you see opportunity in here
13024		-
13025		-3257
13026		-02:31:07,650 ~-~-> 02:31:10,740
13027		-where you could have even intraday you
13028		-
13029		-3258
13030		-02:31:10,740 ~-~-> 02:31:12,990
13031		-know price when this rally up like this
13032		-
13033		-3259
13034		-02:31:13,020 ~-~-> 02:31:16,890
13035		-your first bearish candle went right
13036		-
13037		-3260
13038		-02:31:16,890 ~-~-> 02:31:18,750
13039		-down if it were a block right here and
13040		-
13041		-3261
13042		-02:31:18,750 ~-~-> 02:31:22,560
13043		-then gave you a tradable rally okay and
13044		-
13045		-3262
13046		-02:31:22,590 ~-~-> 02:31:25,920
13047		-let's look at that range. It's 44 pips
13048		-
13049		-3263
13050		-02:31:25,950 ~-~-> 02:31:27,030
13051		-so that's certainly something you can
13052		-
13053		-3264
13054		-02:31:27,030 ~-~-> 02:31:32,760
13055		-get 20 pips 2530 pips out of. Okay, and
13056		-
13057		-3265
13058		-02:31:32,760 ~-~-> 02:31:34,590
13059		-let's drop out one more.
13060		-
13061		-3266
13062		-02:31:40,890 ~-~-> 02:31:43,980
13063		-Here's a nice double bottom where it
13064		-
13065		-3267
13066		-02:31:43,980 ~-~-> 02:31:45,450
13067		-comes right back down to this original
13068		-
13069		-3268
13070		-02:31:45,450 ~-~-> 02:31:47,790
13071		-order block prior to it rallying up.
13072		-
13073		-3269
13074		-02:32:03,179 ~-~-> 02:32:08,159
13075		-market moves into consolidation here and
13076		-
13077		-3270
13078		-02:32:10,229 ~-~-> 02:32:11,939
13079		-really don't have anything that's really
13080		-
13081		-3271
13082		-02:32:11,939 ~-~-> 02:32:18,389
13083		-discernible. So you may be sitting on
13084		-
13085		-3272
13086		-02:32:18,389 ~-~-> 02:32:25,109
13087		-your hands in here. Here's one that was
13088		-
13089		-3273
13090		-02:32:27,269 ~-~-> 02:32:29,339
13091		-this was all right, you got this candle
13092		-
13093		-3274
13094		-02:32:29,339 ~-~-> 02:32:31,619
13095		-here, draw it out in time it moves right
13096		-
13097		-3275
13098		-02:32:31,619 ~-~-> 02:32:34,259
13099		-back into that same order block day
13100		-
13101		-3276
13102		-02:32:34,259 ~-~-> 02:32:39,059
13103		-moves higher. Again, all we're doing is
13104		-
13105		-3277
13106		-02:32:39,059 ~-~-> 02:32:41,999
13107		-focusing on the buying not anything else
13108		-
13109		-3278
13110		-02:32:42,029 ~-~-> 02:32:43,049
13111		-just simply looking for buying
13112		-
13113		-3279
13114		-02:32:43,049 ~-~-> 02:32:47,939
13115		-opportunities. Okay, we have prior to
13116		-
13117		-3280
13118		-02:32:47,939 ~-~-> 02:32:50,219
13119		-the move up, we have this bearish candle
13120		-
13121		-3281
13122		-02:32:50,219 ~-~-> 02:32:52,169
13123		-here. draw that out in time.
13124		-
13125		-3282
13126		-02:32:57,210 ~-~-> 02:32:58,170
13127		-Okay, and
13128		-
13129		-3283
13130		-02:33:00,000 ~-~-> 02:33:04,290
13131		-Pour fib on the range. Here's a sentence
13132		-
13133		-3284
13134		-02:33:04,290 ~-~-> 02:33:06,360
13135		-at chase on level one here dva just a
13136		-
13137		-3285
13138		-02:33:06,360 ~-~-> 02:33:13,050
13139		-little bit below it. And this is where
13140		-
13141		-3286
13142		-02:33:13,050 ~-~-> 02:33:16,200
13143		-you would have encountered a trade that
13144		-
13145		-3287
13146		-02:33:16,200 ~-~-> 02:33:18,690
13147		-would have been a losing trade. Okay,
13148		-
13149		-3288
13150		-02:33:18,690 ~-~-> 02:33:20,250
13151		-and it's fair for me to show you this
13152		-
13153		-3289
13154		-02:33:20,250 ~-~-> 02:33:21,630
13155		-because I don't want to just go through
13156		-
13157		-3290
13158		-02:33:21,930 ~-~-> 02:33:24,030
13159		-and appear to be just cherry picking,
13160		-
13161		-3291
13162		-02:33:24,270 ~-~-> 02:33:26,100
13163		-looking at opportunities where it worked
13164		-
13165		-3292
13166		-02:33:26,100 ~-~-> 02:33:27,750
13167		-out favorably every single time. But I
13168		-
13169		-3293
13170		-02:33:27,750 ~-~-> 02:33:29,220
13171		-don't want to log into thinking this is
13172		-
13173		-3294
13174		-02:33:29,220 ~-~-> 02:33:30,510
13175		-going to be perfect and it's not going
13176		-
13177		-3295
13178		-02:33:30,510 ~-~-> 02:33:32,730
13179		-to give you any losses certainly would
13180		-
13181		-3296
13182		-02:33:32,730 ~-~-> 02:33:33,570
13183		-have happened here.
13184		-
13185		-3297
13186		-02:33:42,330 ~-~-> 02:33:45,420
13187		-Here's one where it moves deeper below
13188		-
13189		-3298
13190		-02:33:45,420 ~-~-> 02:33:47,430
13191		-and runs the stops on the Asian range
13192		-
13193		-3299
13194		-02:33:47,430 ~-~-> 02:33:49,260
13195		-low before running higher.
13196		-
13197		-3300
13198		-02:33:55,260 ~-~-> 02:33:57,420
13199		-We have the same scenario here where the
13200		-
13201		-3301
13202		-02:33:57,420 ~-~-> 02:34:02,490
13203		-previous day's low Which on this in this
13204		-
13205		-3302
13206		-02:34:02,490 ~-~-> 02:34:05,820
13207		-case is 14 GMT which is a session low
13208		-
13209		-3303
13210		-02:34:06,540 ~-~-> 02:34:12,210
13211		-New York session. Here's your low to
13212		-
13213		-3304
13214		-02:34:12,210 ~-~-> 02:34:14,970
13215		-high the range price drops down into the
13216		-
13217		-3305
13218		-02:34:14,970 ~-~-> 02:34:17,940
13219		-60 to almost the sweet spot returning
13220		-
13221		-3306
13222		-02:34:17,940 ~-~-> 02:34:21,690
13223		-back to this dealing range and
13224		-
13225		-3307
13226		-02:34:21,720 ~-~-> 02:34:23,580
13227		-institutional level point of origin
13228		-
13229		-3308
13230		-02:34:23,580 ~-~-> 02:34:28,080
13231		-where everything when price dropped
13232		-
13233		-3309
13234		-02:34:28,080 ~-~-> 02:34:29,550
13235		-lower, it allowed them to accumulate
13236		-
13237		-3310
13238		-02:34:29,550 ~-~-> 02:34:31,260
13239		-more of their long positions. And then
13240		-
13241		-3311
13242		-02:34:31,260 ~-~-> 02:34:34,320
13243		-you saw the price move on up and profit
13244		-
13245		-3312
13246		-02:34:34,320 ~-~-> 02:34:37,590
13247		-release portion of the trade unfolded.
13248		-
13249		-3313
13250		-02:34:40,710 ~-~-> 02:34:43,080
13251		-Little opportunity here where price
13252		-
13253		-3314
13254		-02:34:43,080 ~-~-> 02:34:45,630
13255		-moves up, first bearish candle in here
13256		-
13257		-3315
13258		-02:34:45,630 ~-~-> 02:34:48,900
13259		-draw it out in time. This is a return to
13260		-
13261		-3316
13262		-02:34:48,900 ~-~-> 02:34:51,000
13263		-the point of origin back into the order
13264		-
13265		-3317
13266		-02:34:51,000 ~-~-> 02:34:54,420
13267		-block here and price rallies up. And
13268		-
13269		-3318
13270		-02:34:54,420 ~-~-> 02:34:57,450
13271		-this candle Here comes in at 1600 GMT.
13272		-
13273		-3319
13274		-02:35:00,000 ~-~-> 02:35:03,030
13275		-Nice little opportunity to be able to
13276		-
13277		-3320
13278		-02:35:03,030 ~-~-> 02:35:06,630
13279		-catch a scalp intraday. And I'm only
13280		-
13281		-3321
13282		-02:35:06,900 ~-~-> 02:35:11,310
13283		-tossing this in about 40 pips or so in
13284		-
13285		-3322
13286		-02:35:11,310 ~-~-> 02:35:18,750
13287		-terms of range. I'm adding these these
13288		-
13289		-3323
13290		-02:35:19,950 ~-~-> 02:35:23,400
13291		-intraday setups to show you how you can
13292		-
13293		-3324
13294		-02:35:23,400 ~-~-> 02:35:25,920
13295		-use it to be a trader on an intraday
13296		-
13297		-3325
13298		-02:35:25,920 ~-~-> 02:35:28,950
13299		-basis or a scalper. But really, what you
13300		-
13301		-3326
13302		-02:35:28,950 ~-~-> 02:35:32,340
13303		-want to be focusing on is the ideal days
13304		-
13305		-3327
13306		-02:35:32,340 ~-~-> 02:35:35,670
13307		-of the week which are Monday. I'm sorry,
13308		-
13309		-3328
13310		-02:35:35,670 ~-~-> 02:35:37,260
13311		-yeah, Monday, Tuesday and Wednesday,
13312		-
13313		-3329
13314		-02:35:37,650 ~-~-> 02:35:39,870
13315		-being the higher low of the week. And
13316		-
13317		-3330
13318		-02:35:39,870 ~-~-> 02:35:42,090
13319		-again, because we're looking at this
13320		-
13321		-3331
13322		-02:35:43,890 ~-~-> 02:35:46,860
13323		-area price action. We're going to look
13324		-
13325		-3332
13326		-02:35:46,860 ~-~-> 02:35:50,070
13327		-for again, just the significant lows,
13328		-
13329		-3333
13330		-02:35:50,490 ~-~-> 02:35:52,650
13331		-the farm for the week one, let's go back
13332		-
13333		-3334
13334		-02:35:52,650 ~-~-> 02:35:54,540
13335		-and look at the beginning portion of
13336		-
13337		-3335
13338		-02:35:54,540 ~-~-> 02:35:58,200
13339		-that. And just for clarity, because I
13340		-
13341		-3336
13342		-02:35:58,200 ~-~-> 02:36:03,420
13343		-want to be make sure that is easy to
13344		-
13345		-3337
13346		-02:36:03,420 ~-~-> 02:36:11,160
13347		-see. I'm just going to change the color
13348		-
13349		-3338
13350		-02:36:11,880 ~-~-> 02:36:15,990
13351		-to a little lightly. There you go. It's
13352		-
13353		-3339
13354		-02:36:15,990 ~-~-> 02:36:18,480
13355		-a little bit easier to see. Here's
13356		-
13357		-3340
13358		-02:36:18,480 ~-~-> 02:36:20,730
13359		-Monday's trading. And that's the low the
13360		-
13361		-3341
13362		-02:36:20,730 ~-~-> 02:36:23,370
13363		-week during the time when we're looking
13364		-
13365		-3342
13366		-02:36:23,370 ~-~-> 02:36:25,860
13367		-for buying opportunities only. Okay, so
13368		-
13369		-3343
13370		-02:36:25,890 ~-~-> 02:36:28,410
13371		-on Monday this week, we have the Monday
13372		-
13373		-3344
13374		-02:36:28,410 ~-~-> 02:36:33,060
13375		-making the low. On this week here, the
13376		-
13377		-3345
13378		-02:36:33,060 ~-~-> 02:36:35,580
13379		-low the week is on Monday as well. Nice
13380		-
13381		-3346
13382		-02:36:35,580 ~-~-> 02:36:37,320
13383		-opportunity to be buying on Tuesday,
13384		-
13385		-3347
13386		-02:36:37,650 ~-~-> 02:36:38,850
13387		-even gives you an opportunity on
13388		-
13389		-3348
13390		-02:36:38,850 ~-~-> 02:36:40,860
13391		-Thursday, which doesn't fit the model
13392		-
13393		-3349
13394		-02:36:40,860 ~-~-> 02:36:43,650
13395		-but still, everything working towards
13396		-
13397		-3350
13398		-02:36:43,710 ~-~-> 02:36:45,990
13399		-making a higher close on Friday is the
13400		-
13401		-3351
13402		-02:36:45,990 ~-~-> 02:36:52,830
13403		-general idea. We have a shift in market
13404		-
13405		-3352
13406		-02:36:54,840 ~-~-> 02:36:57,300
13407		-tone in here where we went lower and
13408		-
13409		-3353
13410		-02:36:57,300 ~-~-> 02:36:59,850
13411		-retrace much deeper. But there was
13412		-
13413		-3354
13414		-02:36:59,850 ~-~-> 02:37:02,250
13415		-certain Buying opportunities on Monday,
13416		-
13417		-3355
13418		-02:37:02,640 ~-~-> 02:37:04,980
13419		-Tuesday in even on Wednesday still
13420		-
13421		-3356
13422		-02:37:05,100 ~-~-> 02:37:07,440
13423		-catching some opportunities to be a
13424		-
13425		-3357
13426		-02:37:07,440 ~-~-> 02:37:10,680
13427		-buyer that the loan this week comes in
13428		-
13429		-3358
13430		-02:37:10,770 ~-~-> 02:37:14,070
13431		-on Monday. Very nice opportunity a buyer
13432		-
13433		-3359
13434		-02:37:14,070 ~-~-> 02:37:16,230
13435		-here as well. And you can actually see
13436		-
13437		-3360
13438		-02:37:16,230 ~-~-> 02:37:18,990
13439		-the same result of years of down candle
13440		-
13441		-3361
13442		-02:37:18,990 ~-~-> 02:37:20,850
13443		-prior to move up and it retraces back
13444		-
13445		-3362
13446		-02:37:20,850 ~-~-> 02:37:22,710
13447		-into that order block and as your
13448		-
13449		-3363
13450		-02:37:22,710 ~-~-> 02:37:26,430
13451		-optimal trade entry moving higher and
13452		-
13453		-3364
13454		-02:37:29,490 ~-~-> 02:37:31,320
13455		-Tuesday opportunity a buyer Wednesday
13456		-
13457		-3365
13458		-02:37:31,320 ~-~-> 02:37:33,960
13459		-nice opportunity a buyer Okay, those are
13460		-
13461		-3366
13462		-02:37:33,960 ~-~-> 02:37:38,190
13463		-those one one shot one kill type
13464		-
13465		-3367
13466		-02:37:38,190 ~-~-> 02:37:40,290
13467		-scenarios that you would be looking for,
13468		-
13469		-3368
13470		-02:37:40,590 ~-~-> 02:37:42,570
13471		-to not trade a whole lot but catch very
13472		-
13473		-3369
13474		-02:37:42,570 ~-~-> 02:37:44,910
13475		-handsome pips and not not have to do a
13476		-
13477		-3370
13478		-02:37:44,910 ~-~-> 02:37:47,640
13479		-whole lot of work really. That low
13480		-
13481		-3371
13482		-02:37:47,670 ~-~-> 02:37:49,800
13483		-actually forms here on Thursday for this
13484		-
13485		-3372
13486		-02:37:50,100 ~-~-> 02:37:51,570
13487		-particular week. And again, I'm using a
13488		-
13489		-3373
13490		-02:37:51,570 ~-~-> 02:37:54,090
13491		-double lines here delineating the marker
13492		-
13493		-3374
13494		-02:37:54,090 ~-~-> 02:37:56,340
13495		-of Sunday to Sunday so the action
13496		-
13497		-3375
13498		-02:37:56,340 ~-~-> 02:37:58,950
13499		-between those two is the intra week
13500		-
13501		-3376
13502		-02:37:58,980 ~-~-> 02:38:03,120
13503		-price action Nice buying opportunity
13504		-
13505		-3377
13506		-02:38:03,120 ~-~-> 02:38:05,010
13507		-here on the Monday of this week, nice
13508		-
13509		-3378
13510		-02:38:05,010 ~-~-> 02:38:08,340
13511		-one on Tuesday. Okay, does retrace,
13512		-
13513		-3379
13514		-02:38:08,370 ~-~-> 02:38:11,070
13515		-trades lower than Monday's low, but
13516		-
13517		-3380
13518		-02:38:11,070 ~-~-> 02:38:13,680
13519		-again, still opportunities to be a buyer
13520		-
13521		-3381
13522		-02:38:14,700 ~-~-> 02:38:21,330
13523		-moving up rather handsomely. And then
13524		-
13525		-3382
13526		-02:38:21,330 ~-~-> 02:38:23,130
13527		-move into an area where we no longer
13528		-
13529		-3383
13530		-02:38:23,130 ~-~-> 02:38:27,300
13531		-have the daily bias enforce where now we
13532		-
13533		-3384
13534		-02:38:27,300 ~-~-> 02:38:29,970
13535		-would be expecting to see lower prices
13536		-
13537		-3385
13538		-02:38:30,030 ~-~-> 02:38:31,440
13539		-come into effect. And that's what you
13540		-
13541		-3386
13542		-02:38:31,440 ~-~-> 02:38:34,500
13543		-see here. And really, if you just
13544		-
13545		-3387
13546		-02:38:34,530 ~-~-> 02:38:36,180
13547		-reverse the scenario and look at
13548		-
13549		-3388
13550		-02:38:36,180 ~-~-> 02:38:37,860
13551		-everything, like we just did on the buy
13552		-
13553		-3389
13554		-02:38:37,860 ~-~-> 02:38:39,960
13555		-side, reversing it for the downside,
13556		-
13557		-3390
13558		-02:38:40,380 ~-~-> 02:38:42,180
13559		-it's much in the same capacity, the same
13560		-
13561		-3391
13562		-02:38:42,180 ~-~-> 02:38:46,020
13563		-thing just reversed. Okay? And let's
13564		-
13565		-3392
13566		-02:38:46,020 ~-~-> 02:38:47,310
13567		-take a look at
13568		-
13569		-3393
13570		-02:38:50,280 ~-~-> 02:38:51,870
13571		-the breakdown of what you're looking
13572		-
13573		-3394
13574		-02:38:51,870 ~-~-> 02:38:54,690
13575		-for, with the support and resistance
13576		-
13577		-3395
13578		-02:38:54,720 ~-~-> 02:38:58,530
13579		-notion and time of day and the optimal
13580		-
13581		-3396
13582		-02:38:58,530 ~-~-> 02:39:00,720
13583		-trade entry and what Specifically that
13584		-
13585		-3397
13586		-02:39:00,780 ~-~-> 02:39:04,290
13587		-sets up your trade data as high
13588		-
13589		-3398
13590		-02:39:04,290 ~-~-> 02:39:05,130
13591		-probability.
13592		-
13593		-3399
13594		-02:39:10,380 ~-~-> 02:39:12,810
13595		-Okay, the ICT optimal trade entry
13596		-
13597		-3400
13598		-02:39:12,810 ~-~-> 02:39:16,440
13599		-pattern. The premise really builds upon
13600		-
13601		-3401
13602		-02:39:16,560 ~-~-> 02:39:18,990
13603		-the understanding of support resistance
13604		-
13605		-3402
13606		-02:39:18,990 ~-~-> 02:39:20,850
13607		-and we're going to use this example here
13608		-
13609		-3403
13610		-02:39:20,850 ~-~-> 02:39:25,170
13611		-to illustrate the example of an optimal
13612		-
13613		-3404
13614		-02:39:25,170 ~-~-> 02:39:27,510
13615		-trade entry that's used for a buy entry.
13616		-
13617		-3405
13618		-02:39:28,200 ~-~-> 02:39:30,930
13619		-And assuming the support level has been
13620		-
13621		-3406
13622		-02:39:30,990 ~-~-> 02:39:35,610
13623		-arrived at, we have the support level,
13624		-
13625		-3407
13626		-02:39:36,030 ~-~-> 02:39:39,030
13627		-which is ideally a higher level daily
13628		-
13629		-3408
13630		-02:39:39,060 ~-~-> 02:39:41,190
13631		-four hour or one hour timeframe support
13632		-
13633		-3409
13634		-02:39:41,190 ~-~-> 02:39:47,580
13635		-line. This high here, okay, this swing
13636		-
13637		-3410
13638		-02:39:47,580 ~-~-> 02:39:50,670
13639		-high, breaking this previous high is
13640		-
13641		-3411
13642		-02:39:50,670 ~-~-> 02:39:52,710
13643		-good. That's what you want to see. Okay.
13644		-
13645		-3412
13646		-02:39:52,770 ~-~-> 02:39:55,200
13647		-And then when you have price, break it
13648		-
13649		-3413
13650		-02:39:55,200 ~-~-> 02:39:58,830
13651		-again here you have another cotton
13652		-
13653		-3414
13654		-02:39:58,860 ~-~-> 02:40:01,650
13655		-Manasa conviction. By the traders that
13656		-
13657		-3415
13658		-02:40:01,650 ~-~-> 02:40:03,420
13659		-are in control of price, what's your
13660		-
13661		-3416
13662		-02:40:03,420 ~-~-> 02:40:07,530
13663		-smart money? They are indicating to us
13664		-
13665		-3417
13666		-02:40:07,530 ~-~-> 02:40:10,260
13667		-that they are wanting to see this
13668		-
13669		-3418
13670		-02:40:10,440 ~-~-> 02:40:14,430
13671		-market, not trade lower. Okay. So if
13672		-
13673		-3419
13674		-02:40:14,430 ~-~-> 02:40:16,500
13675		-it's not going to go lower, chances are
13676		-
13677		-3420
13678		-02:40:16,500 ~-~-> 02:40:18,870
13679		-it's probably going to go up and go up
13680		-
13681		-3421
13682		-02:40:18,900 ~-~-> 02:40:22,410
13683		-sharply. Now, if we see the star here,
13684		-
13685		-3422
13686		-02:40:22,410 ~-~-> 02:40:24,900
13687		-that's delineating a break in market
13688		-
13689		-3423
13690		-02:40:24,900 ~-~-> 02:40:28,590
13691		-structure, okay, on both points, the
13692		-
13693		-3424
13694		-02:40:28,620 ~-~-> 02:40:30,390
13695		-previous little short term high that we
13696		-
13697		-3425
13698		-02:40:30,390 ~-~-> 02:40:32,760
13699		-just showed, and now when the price ran
13700		-
13701		-3426
13702		-02:40:32,760 ~-~-> 02:40:35,520
13703		-up aggressively through that, what we'd
13704		-
13705		-3427
13706		-02:40:35,520 ~-~-> 02:40:37,680
13707		-be waiting for a price to return back to
13708		-
13709		-3428
13710		-02:40:37,680 ~-~-> 02:40:42,180
13711		-the point of origin. That scene here
13712		-
13713		-3429
13714		-02:40:43,050 ~-~-> 02:40:45,420
13715		-where price comes right back down into
13716		-
13717		-3430
13718		-02:40:45,960 ~-~-> 02:40:48,450
13719		-the first bearish candle prior to the
13720		-
13721		-3431
13722		-02:40:48,450 ~-~-> 02:40:50,640
13723		-rally gamebreaking market structure
13724		-
13725		-3432
13726		-02:40:50,640 ~-~-> 02:40:53,520
13727		-here. So now we have a range from here
13728		-
13729		-3433
13730		-02:40:53,910 ~-~-> 02:40:57,030
13731		-to here. Okay. So we're looking for
13732		-
13733		-3434
13734		-02:40:57,030 ~-~-> 02:40:59,760
13735		-price really to stay above support not
13736		-
13737		-3435
13738		-02:40:59,760 ~-~-> 02:41:01,410
13739		-necessary. Trading back down to that
13740		-
13741		-3436
13742		-02:41:01,410 ~-~-> 02:41:05,700
13743		-same price level. This is the swing that
13744		-
13745		-3437
13746		-02:41:05,700 ~-~-> 02:41:07,680
13747		-you should be identifying with your eye.
13748		-
13749		-3438
13750		-02:41:08,010 ~-~-> 02:41:09,900
13751		-This is what you train your eye to see,
13752		-
13753		-3439
13754		-02:41:10,290 ~-~-> 02:41:12,870
13755		-this particular price swing is what's
13756		-
13757		-3440
13758		-02:41:12,900 ~-~-> 02:41:15,240
13759		-necessary for you to pull your fib on.
13760		-
13761		-3441
13762		-02:41:18,000 ~-~-> 02:41:19,890
13763		-By doing that, and again noting where
13764		-
13765		-3442
13766		-02:41:19,890 ~-~-> 02:41:23,070
13767		-the market structure has shifted. When
13768		-
13769		-3443
13770		-02:41:23,070 ~-~-> 02:41:25,860
13771		-price moves back down into this area
13772		-
13773		-3444
13774		-02:41:25,860 ~-~-> 02:41:28,770
13775		-here, it's between the 62 and 79 cent
13776		-
13777		-3445
13778		-02:41:28,770 ~-~-> 02:41:32,670
13779		-treatment level. The 70.5 level is what
13780		-
13781		-3446
13782		-02:41:32,670 ~-~-> 02:41:34,410
13783		-I deemed the sweet spot. That's
13784		-
13785		-3447
13786		-02:41:34,410 ~-~-> 02:41:36,420
13787		-generally what I try to aim at for my
13788		-
13789		-3448
13790		-02:41:36,420 ~-~-> 02:41:39,270
13791		-entry point. I may add the PIP spread
13792		-
13793		-3449
13794		-02:41:39,270 ~-~-> 02:41:42,030
13795		-from that point or I'll use the 62%
13796		-
13797		-3450
13798		-02:41:42,030 ~-~-> 02:41:43,440
13799		-retracement level and depending upon the
13800		-
13801		-3451
13802		-02:41:43,440 ~-~-> 02:41:45,900
13803		-type of PIP range between the two, if
13804		-
13805		-3452
13806		-02:41:45,900 ~-~-> 02:41:48,030
13807		-it's not a whole lot, you know, I'll
13808		-
13809		-3453
13810		-02:41:48,150 ~-~-> 02:41:50,460
13811		-just simply use 62 just to make sure I
13812		-
13813		-3454
13814		-02:41:50,460 ~-~-> 02:41:52,050
13815		-get the trade as long as it doesn't
13816		-
13817		-3455
13818		-02:41:52,050 ~-~-> 02:41:55,950
13819		-deviate my overall price parameters in
13820		-
13821		-3456
13822		-02:41:55,950 ~-~-> 02:41:58,860
13823		-terms of allowing my stop loss order to
13824		-
13825		-3457
13826		-02:41:58,860 ~-~-> 02:42:04,650
13827		-be within my Maximum risk portrayed. And
13828		-
13829		-3458
13830		-02:42:04,650 ~-~-> 02:42:06,570
13831		-obviously, you can see the results of
13832		-
13833		-3459
13834		-02:42:06,810 ~-~-> 02:42:09,270
13835		-taking this type of pattern with the
13836		-
13837		-3460
13838		-02:42:09,270 ~-~-> 02:42:10,770
13839		-understanding of everything that we've
13840		-
13841		-3461
13842		-02:42:10,770 ~-~-> 02:42:12,900
13843		-talked about in this video series up to
13844		-
13845		-3462
13846		-02:42:12,900 ~-~-> 02:42:15,360
13847		-this point in that little gray. I mean,
13848		-
13849		-3463
13850		-02:42:15,360 ~-~-> 02:42:16,800
13851		-sorry, in that little green box,
13852		-
13853		-3464
13854		-02:42:16,830 ~-~-> 02:42:19,830
13855		-ideally, that should be a kill zone, be
13856		-
13857		-3465
13858		-02:42:20,100 ~-~-> 02:42:23,370
13859		-the London open for the New York session
13860		-
13861		-3466
13862		-02:42:23,400 ~-~-> 02:42:26,310
13863		-open. Okay? Those are the ideal trading
13864		-
13865		-3467
13866		-02:42:26,310 ~-~-> 02:42:29,340
13867		-scenarios for you to be finding trading
13868		-
13869		-3468
13870		-02:42:29,340 ~-~-> 02:42:31,350
13871		-opportunities to get long in. And again
13872		-
13873		-3469
13874		-02:42:31,350 ~-~-> 02:42:32,760
13875		-with the assumption that the nine day
13876		-
13877		-3470
13878		-02:42:32,760 ~-~-> 02:42:34,200
13879		-exponential moving average is above the
13880		-
13881		-3471
13882		-02:42:34,200 ~-~-> 02:42:37,440
13883		-18 day and when you have that and also
13884		-
13885		-3472
13886		-02:42:38,280 ~-~-> 02:42:40,440
13887		-order flow and market flow and market
13888		-
13889		-3473
13890		-02:42:40,440 ~-~-> 02:42:42,270
13891		-structure on that timeframe dealing for
13892		-
13893		-3474
13894		-02:42:42,270 ~-~-> 02:42:45,240
13895		-our or suggesting higher prices. It's
13896		-
13897		-3475
13898		-02:42:45,240 ~-~-> 02:42:46,680
13899		-all but a green light just to get in
13900		-
13901		-3476
13902		-02:42:46,680 ~-~-> 02:42:48,810
13903		-here and start hunting by opportunities
13904		-
13905		-3477
13906		-02:42:48,900 ~-~-> 02:42:49,920
13907		-using this format.