ICT - Sniper Course - 04 - Basic Infantry module - Stalking.srt

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ICT: Okay folks, welcome to the inner

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circle trader scout sniper Field Guide

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episode For now we're gonna be

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discussing basic infantry In this

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module, and what specifically we'll be

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covering in this presentation, we're

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gonna be looking at a review of the

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previous episode assignment, stalking in

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the kill zone. We're gonna be looking at

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specific ICT skills are an examples

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since the time of our last presentation.

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It was released on the ninth of

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September 2013. When we looking at some

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examples from that point on to most

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recently and we're gonna be looking at

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directional bias and high probability

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trade framework. We're going to be

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revisiting the concept of why do markets

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move specifically dealing with the

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players and the game and we're gonna be

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looking at what makes trade setups

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strategically quote unquote high

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probability. recommend looking at ICT,

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no brainer direction bias concepts.

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We're gonna be returning to higher

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timeframe analysis. We're gonna be

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looking at high odds by framework. And

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we're gonna be looking at high odds sell

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framework. We're going to be looking at

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market structure and order flow

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conceptualized. We're gonna be

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discussing and unveiling institutional

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orders and smart money, fingerprints.

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And we're gonna be looking at how

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consolidations breed opportunity, and

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what we look for and why it matters.

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Inside these consolidations. We're gonna

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be looking at institutional order

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blocks. We're going to be looking at the

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concept of institutional sponsorship and

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what effects it has on your trading. And

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we're gonna be looking at a premise, I

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refer to as returning to the point of

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origin, which is basically inside the

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eye. optimal trade entry concept a like

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a nuts and bolts presentation of why

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it's so effective. And we're giving you

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more homework. Yes. This time we'll be

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tracking institutional price action.

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Okay, so let's get going.

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Okay, folks, we're looking at a daily

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chart of the Euro USD. The last episode

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we released was September 9 2013. In

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this continuing series and we discussed

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the likely impact that the rising yields

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would have on the foreign currency

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markets and we discussed that it would

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have continued upward pressure within

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the fiber which is the Euro USD again,

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real quick, let's just reflect back upon

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the yields and what it was doing in

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graphic form. And you can see that here.

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Can you see the rising yields okay. And

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when that happens, price one variably

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tried to chase or quote unquote seek

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yield and it'll be moving up in China

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close the gap between the the yield and

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the actual underlying price of the

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currency. Now, because this candle here

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delineates the actual time that

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recording was made, there's been a

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significant amount of pips moved from

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that date until now and we're just going

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to use the highest point. Okay, we're

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not going to use the best scenario the

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low we're just going to use the highest

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point that that candle on the ninth,

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okay, and we're going to discuss briefly

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the amount of pips that were available

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at 291 pips. So basically almost 300

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pips were made available in advance in

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advance in the form of discussion as

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upward, likely price movement. Now we

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had a homework assignment from Episode

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Three and it was trading In the zone,

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okay, or stalking in the kill zone, and

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we're going to discuss that here. Okay,

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and what we're going to do is we're

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going to move down into an hourly chart,

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and I'm going to delineate the ninth of

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September. Okay, so everything right of

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this vertical line, basically is

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referencing where we are in terms of the

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last recording and posting in this video

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series and what we're going to discuss,

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okay, as an example of the ICT kill

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zones, we we already had a premise in

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mind based on the analysis of the the

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interest rate market and how it would

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have a magnetic pole on price upward.

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Okay, and what that understanding we're

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going to add Okay, we're going to add

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the ICT kill zones, and we're going to

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add the vertical de delineation. Okay,

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again, the double bar here on Mt four.

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delineates weekend's we're going to be

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basically focusing on is the fact that

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we were expecting. Now I'm going to say

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this word, please don't take it out of

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context because I am not a fundamental

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trader, okay? as fundamental as it gets

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for me is interest rates, okay? But

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fundamentally, the driver for the Euro

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to be going up like it was, was that the

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yields were moving higher. Okay. And

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contrast that with the fact that we know

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that is the case when we see technically

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the 10 year yields declining, okay. So

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if we go to the commodity market, and we

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refer to the 10 year, futures market,

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okay, when that market is moving lower,

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that's actually an increase in yields.

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Okay. And an income increasing yield is

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going to be diametrically opposed. And

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there's going to be basically an inverse

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relationship between the futures price

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of 10 year notes and its yield, okay. So

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if the futures chart on bonds or Tea

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notes are dropping, that is an increase

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in yields. Okay. And that's going to be

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bullish for foreign currencies and

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bearish for the US dollar. Okay? And

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then conversely, if you reverse that

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phenomenon, and you look at when the 10

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year notes on a futures basis or bond

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market is rallying on the futures

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market, that's going to be a decline on

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yields, which will be bullish for the US

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dollar and bearish for foreign

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currencies. Okay. So that's a very quick

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and dirty way of understanding what risk

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on risk off is how I define it. Okay. So

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if you're looking for any fundamental

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drivers, okay, that's about as

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fundamental as it gets from me, okay.

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Outside of, you know, CT data and such

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in premiums on the front nearby mom

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months in the futures markets, which

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we'll discuss at another time. It's too

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vast of a subject for me to cover in

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this module. But there's other resources

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made available on the internet that I've

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discussed. Just either by homework or by

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Larry Williams in that regard. So with

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all that, again, we were looking for

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bullish movement on the Euro USD and

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other foreign currencies

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with a bearish tone in the US dollar.

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Now, when we have that, that backdrop on

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price, okay, as a technical trader, we

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would be focusing on one side of the

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market more than the other, okay? Now,

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that does not mean that we completely

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throw out every bear sell signal, it

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just means that we should be focusing

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more in our equity allocation rather

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when the long side of trading, okay, in

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other words, you'll get more bang for

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your buck, being a bull than you would

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be being embarrassed. So if you are

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going to be doing a trade it's counter

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this fundamental again, quote unquote,

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driver in the marketplace. Understand

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that number one, you're resisting the

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overall market pinnings Okay, now it's

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there's there's going to be a tug of war

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between you being a bear. Okay, and the

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smart money that is really perpetuating

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this market higher. So, understand that

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I mean, there are times where you can be

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right and profitable, okay in doing that

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being contrary, but just don't wear out

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You're welcome. Okay and Mary the van

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just get blown on the water even in the

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best traders in the world. Understand

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there's a simple premise, you just don't

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fight. You know, you just don't fight

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the tide, okay? Because if you're

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swimming against the tide, you're going

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to tie yourself out and ultimately kill

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yourself. But if we understand that

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being a bull in this environment, okay,

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we could have much more relaxation, much

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more calm as we engage the market

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because we know what it is specifically

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that we're looking for. Again, that gets

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back to differentiating yourself from

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The neophyte or the st money? Okay? We

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are not simply sitting down at the

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computer and saying, well, I feel like

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it's going to go up today. Okay, but the

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last five minutes has been going down.

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So let me sell, okay, that's not sound

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trading. Okay, that's not a plan that's

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reactionary trading. This whole series

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is delving into the importance of having

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number one, a pre determined plan of

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attack, and a pre determined method of

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attack, and then a procedure in place

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that's clearly defined, comprehensive

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and you know, specifically what you're

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doing, when you're doing it, why you're

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doing it and when you won't do it and

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the reasons why you won't be doing as

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well. So with that rant, okay, let's

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delve deeper into what specifically took

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place from this point on and how we can

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use the ICT kill zones to ferret out the

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lows in this up move that we were

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looking forward to unfold. How we could

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time scenarios where we could be a

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bullish buyer in this and possibly have

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made money, we're going to be moving

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into a 15 minute chart. Okay? And,

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again, we're going to be introducing the

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ICT kill zones, and we're going to be

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losing our vertical line here. That's

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okay. And here is the September 9

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timeframe. Okay, and we're just gonna be

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tracing this whole period on the upside.

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And we're gonna zoom in. Okay, and what

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we're looking at, again, are the red

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dashed lines here, okay? This basically

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is encapsulated. The whole London

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session, okay? And the green in here is

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basically encapsulating the New York

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open, or New York session, okay? And

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what we're looking at is how By focusing

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on catching a decline or pullback within

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that specific time window each day with

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a premise in mind where we most recently

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moved away from and where we're going to

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retrace back into in other words we had

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a range initially during the London

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session here we saw it rally up in here.

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Then it retraced within that range the

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range between this high and this low.

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Okay that retracement in here was an

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opportunity to be long as the market

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moved higher and expanded its London

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session range. Okay we had another minor

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pullback it pulled back to a dealing

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range high in here and then moves on out

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and then we entered into the New York

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kill zone, rallied up the retracement in

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here. While there was nothing sufficient

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over here in terms of support

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resistance. We will talk about these

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pauses in this video module and how it's

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useful to you. But nice moved up and

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then say moved and made a high outside

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of the New York session. And, or at

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least in New York kill zone, it's not

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the session itself that was outside of

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time when I clearly defined. Now, when

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you see me moving the cursor across the

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00:13:11,489 --> 00:13:14,069
chart, don't be discouraged, okay? or

268
00:13:14,069 --> 00:13:16,949
confused because this says ICT Asian

269
00:13:16,949 --> 00:13:19,949
range, what I'm using is the MT four

270
00:13:20,579 --> 00:13:24,179
indicator. Okay, that's usually used for

271
00:13:24,179 --> 00:13:27,449
my Asian range barriers like we're

272
00:13:27,449 --> 00:13:29,129
seeing here, the upper and lower for New

273
00:13:29,129 --> 00:13:30,689
York, all I did was change the time

274
00:13:30,689 --> 00:13:33,689
parameters to encapsulate the specific

275
00:13:33,719 --> 00:13:35,399
New York and London sessions. Okay, so

276
00:13:35,609 --> 00:13:37,199
if I do Passover, and you see these

277
00:13:37,199 --> 00:13:38,459
little boxes popping up and you're

278
00:13:38,459 --> 00:13:39,809
wondering what it's saying, or if you

279
00:13:39,809 --> 00:13:41,939
catch it, it says that don't be confused

280
00:13:41,969 --> 00:13:43,499
simply because I'm using the indicator

281
00:13:43,499 --> 00:13:46,949
itself that I named ICT Asian range is

282
00:13:46,949 --> 00:13:48,839
this it's multi, it's a multi useful,

283
00:13:48,929 --> 00:13:51,149
okay, you can use use it for different

284
00:13:51,149 --> 00:13:52,529
things as we're seeing showing here.

285
00:13:54,269 --> 00:13:56,969
Now, this day, here's Monday on the

286
00:13:56,969 --> 00:13:59,789
ninth, okay. Now, that was the date that

287
00:13:59,789 --> 00:14:03,059
we were least the previous installment

288
00:14:03,569 --> 00:14:06,989
in this series. This is the Tuesday.

289
00:14:07,379 --> 00:14:09,479
Okay? And now what we're going to talk

290
00:14:09,479 --> 00:14:13,199
about is how we use these sessions,

291
00:14:13,349 --> 00:14:15,419
okay? with the understanding of

292
00:14:15,419 --> 00:14:18,869
expectancy moving higher in price. Okay?

293
00:14:18,899 --> 00:14:22,079
There's highs and lows within these time

294
00:14:22,079 --> 00:14:25,169
windows. Okay? We have the low, we have

295
00:14:25,169 --> 00:14:28,139
a high and in between there, okay? Any

296
00:14:28,139 --> 00:14:30,539
swing high or low is useful? This one

297
00:14:30,539 --> 00:14:34,919
here, this one here, okay. Inside the

298
00:14:34,919 --> 00:14:37,829
New York session. Okay, we have a low

299
00:14:37,829 --> 00:14:41,189
here and we have a high here. Okay. And

300
00:14:41,189 --> 00:14:42,989
on the following day on this Tuesday,

301
00:14:43,109 --> 00:14:46,109
this was September 10. We had the range

302
00:14:46,139 --> 00:14:49,259
from here to here for the London

303
00:14:49,259 --> 00:14:51,629
session. And the New York session is

304
00:14:51,629 --> 00:14:56,129
here. Okay, so inside of that, you can

305
00:14:56,129 --> 00:14:57,479
see that there are swing highs and swing

306
00:14:57,479 --> 00:15:01,019
lows that are useful as well. By

307
00:15:01,019 --> 00:15:03,149
understanding that, okay, and

308
00:15:03,149 --> 00:15:05,819
understanding the concept of the range

309
00:15:05,849 --> 00:15:07,979
or previous day's range or session

310
00:15:08,009 --> 00:15:11,009
ranges, okay, that being here's the

311
00:15:11,039 --> 00:15:15,479
previous New York session range. This is

312
00:15:15,479 --> 00:15:18,089
a low in here, okay? And what we'll do

313
00:15:18,089 --> 00:15:19,889
is we're going to highlight an

314
00:15:19,889 --> 00:15:21,809
opportunity that could have presented

315
00:15:21,809 --> 00:15:25,499
itself to you as a trader. From that low

316
00:15:25,499 --> 00:15:27,929
to the high. Okay, I'm going to move

317
00:15:27,929 --> 00:15:29,189
over here, you can see

318
00:15:30,540 --> 00:15:31,530
how price

319
00:15:31,830 --> 00:15:34,650
moves down into to the optimal trade

320
00:15:34,650 --> 00:15:36,840
entry area here, which is between the 62

321
00:15:36,840 --> 00:15:38,340
and 79 cent retracement levels

322
00:15:38,340 --> 00:15:40,350
respectively. It went right down to the

323
00:15:40,350 --> 00:15:41,670
sweet spot, which is essentially the

324
00:15:41,670 --> 00:15:46,350
70.5 Fibonacci level. Okay, seven 0.5.

325
00:15:47,070 --> 00:15:52,890
You will have to set your platform up if

326
00:15:52,890 --> 00:15:55,290
it's not empty for your own way. I don't

327
00:15:55,290 --> 00:15:57,720
know how to do what platform you're

328
00:15:57,720 --> 00:15:59,790
using. And I really would rather avoid

329
00:16:00,540 --> 00:16:03,420
Going through a long list of possible

330
00:16:03,480 --> 00:16:05,460
emails saying, Well, can you help me do

331
00:16:05,460 --> 00:16:08,220
it with this platform? I'm pretty much

332
00:16:08,310 --> 00:16:12,720
limited to just using, you know, what we

333
00:16:12,720 --> 00:16:14,910
have here, okay mp4 because I don't want

334
00:16:14,910 --> 00:16:18,540
to get into, you know, I'm long winded

335
00:16:19,140 --> 00:16:22,230
explanation of what possible platforms

336
00:16:22,230 --> 00:16:24,180
you could be using. And then we get into

337
00:16:24,180 --> 00:16:26,250
conversation of which one I advise over

338
00:16:26,250 --> 00:16:28,230
that. So I use a very generic one empty

339
00:16:28,230 --> 00:16:30,600
for, okay, that way everybody's readily

340
00:16:30,600 --> 00:16:33,090
accessible. It's free, it doesn't cost

341
00:16:33,090 --> 00:16:35,310
you anything. And it's pretty much

342
00:16:35,310 --> 00:16:37,080
universal. And then you can delve into

343
00:16:37,080 --> 00:16:39,180
other platforms where you see its

344
00:16:39,330 --> 00:16:43,740
usefulness. So we have we did deviate

345
00:16:43,770 --> 00:16:46,020
outside of that, that range here, okay,

346
00:16:46,020 --> 00:16:49,320
by the define terms of the st Killzone

347
00:16:49,350 --> 00:16:50,850
for this series. Now, they're saying

348
00:16:50,850 --> 00:16:53,370
there's small variances in the times

349
00:16:53,370 --> 00:16:54,960
that I'm using for this one, and the

350
00:16:54,960 --> 00:16:56,490
ones that I use for my own trading. So

351
00:16:56,490 --> 00:16:58,800
please, don't take that comment. Say,

352
00:16:58,800 --> 00:17:00,210
well look at this. He's not even Teach

353
00:17:00,210 --> 00:17:03,960
him what he uses. I took a lot of time

354
00:17:04,680 --> 00:17:07,410
to eliminate a lot of the stumbling

355
00:17:07,410 --> 00:17:10,920
blocks that I see in email form. Okay,

356
00:17:10,920 --> 00:17:12,450
because over the last three and a half

357
00:17:12,450 --> 00:17:15,060
years, I have been inundated with

358
00:17:15,090 --> 00:17:19,170
reoccurring questions about what time

359
00:17:19,170 --> 00:17:20,910
window is this and what would that be in

360
00:17:20,910 --> 00:17:23,610
my timeframe over my global position

361
00:17:23,610 --> 00:17:27,090
around the planet? And I readily admit,

362
00:17:27,090 --> 00:17:28,650
it's a very confusing topic for me.

363
00:17:28,860 --> 00:17:31,560
Okay, so I understand it's, it's

364
00:17:31,560 --> 00:17:33,450
confusing for other people and as a

365
00:17:33,450 --> 00:17:35,790
mentor, that's one of my weak points,

366
00:17:35,790 --> 00:17:37,770
communicating that effectively. Okay,

367
00:17:37,800 --> 00:17:40,770
and to eliminate that I just simply gave

368
00:17:40,770 --> 00:17:43,350
you a very generic time window for

369
00:17:43,380 --> 00:17:46,230
London and New York sessions. And if you

370
00:17:46,230 --> 00:17:48,870
hunt during those time windows, you'll

371
00:17:48,870 --> 00:17:50,850
find more than enough opportunities,

372
00:17:50,940 --> 00:17:52,980
okay. And none of my tools are going to

373
00:17:52,980 --> 00:17:56,790
give you every single trade. Okay? You

374
00:17:56,790 --> 00:17:58,200
could probably go back in hindsight and

375
00:17:58,200 --> 00:18:00,600
find where it was useful to you. Okay,

376
00:18:00,870 --> 00:18:03,210
but don't have such high demand on these

377
00:18:03,210 --> 00:18:05,040
tools expecting you to get every single

378
00:18:05,040 --> 00:18:07,260
high end low, every single movement in

379
00:18:07,260 --> 00:18:09,090
the marketplace, okay? That's not what

380
00:18:09,090 --> 00:18:10,620
I'm teaching. That's not what I'm

381
00:18:10,620 --> 00:18:12,840
promising you, I'm promising you an

382
00:18:12,840 --> 00:18:15,990
edge. That's it. Okay. So how you tweak

383
00:18:15,990 --> 00:18:17,910
that edge and how you use that edge is

384
00:18:17,910 --> 00:18:20,070
completely and utterly up to how you

385
00:18:20,070 --> 00:18:24,720
employ and work at. Okay. So on Tuesday,

386
00:18:24,750 --> 00:18:26,970
we saw the market, make a significant

387
00:18:27,210 --> 00:18:30,030
low here, and then rally up. Okay, and

388
00:18:30,030 --> 00:18:31,950
going into that Wednesday of that week,

389
00:18:31,980 --> 00:18:34,350
we saw price move down, making a low in

390
00:18:34,350 --> 00:18:36,510
London, okay, and then London kills them

391
00:18:36,510 --> 00:18:37,890
when it would be reasonably expected to

392
00:18:37,890 --> 00:18:40,860
form Okay, and you could take the low

393
00:18:40,890 --> 00:18:43,470
from the previous day, up to the highest

394
00:18:43,470 --> 00:18:45,720
high prior to moving into the London

395
00:18:45,720 --> 00:18:47,100
session, okay, because what you're doing

396
00:18:47,100 --> 00:18:47,880
is is you're looking for that

397
00:18:47,880 --> 00:18:51,270
retracement back inside of the range.

398
00:18:51,780 --> 00:18:54,960
Okay, and, again, we see the low to the

399
00:18:54,960 --> 00:18:57,540
highest high here prior to it moving

400
00:18:57,540 --> 00:18:59,520
into the London session. Okay, price

401
00:18:59,520 --> 00:19:01,170
comes right down. into again, the

402
00:19:01,170 --> 00:19:04,920
optimal trade entry region and price

403
00:19:04,920 --> 00:19:07,290
rallies up. Okay, if you initially

404
00:19:07,470 --> 00:19:09,630
missed that opportunity, it gives you

405
00:19:09,630 --> 00:19:12,060
another opportunity to catch a ride on

406
00:19:12,060 --> 00:19:14,190
this move up in the form of this

407
00:19:14,220 --> 00:19:16,320
pullback here. So you could use this

408
00:19:16,320 --> 00:19:18,000
swing low and again, let me take this

409
00:19:18,000 --> 00:19:20,220
off because we're already getting busy.

410
00:19:20,880 --> 00:19:22,920
You could use this swing low to this

411
00:19:22,920 --> 00:19:24,750
swing high in London, and you'll get

412
00:19:24,750 --> 00:19:27,150
this right in here as a retracement.

413
00:19:28,680 --> 00:19:29,580
Okay, and

414
00:19:30,450 --> 00:19:33,990
don't be thrown off also with the breaks

415
00:19:33,990 --> 00:19:36,300
between again i'm sure you hear the time

416
00:19:36,300 --> 00:19:38,700
between the London kill zone here. And

417
00:19:38,700 --> 00:19:41,700
here. There's an overlapping between

418
00:19:41,700 --> 00:19:44,640
these two sessions that is very busy.

419
00:19:44,790 --> 00:19:46,620
Okay, there's a small little period

420
00:19:46,620 --> 00:19:50,340
around 5am New York time, or 10 GMT

421
00:19:50,820 --> 00:19:52,380
where you may get a little bit of a

422
00:19:52,500 --> 00:19:56,280
pause or a breather. That's, you know,

423
00:19:56,790 --> 00:19:58,860
not guaranteed to happen always. Many

424
00:19:58,860 --> 00:20:01,110
times, you'll see prices yawn blow

425
00:20:01,440 --> 00:20:04,200
through that time pocket of, you know

426
00:20:05,460 --> 00:20:10,320
10am till 11 GMT it would be foolish of

427
00:20:10,320 --> 00:20:11,970
me to advise you to always expect it to

428
00:20:11,970 --> 00:20:13,830
be a little pause in here, but you can

429
00:20:13,860 --> 00:20:16,500
reasonably expect it, treat it like a

430
00:20:16,530 --> 00:20:18,720
you know a launch, okay where there's a

431
00:20:18,720 --> 00:20:20,430
small little consolidation and all of a

432
00:20:20,430 --> 00:20:23,280
sudden it'll it'll take off in the trend

433
00:20:23,310 --> 00:20:25,110
direction that's established by the

434
00:20:25,110 --> 00:20:27,660
London session. Okay, so we have a low

435
00:20:27,660 --> 00:20:30,150
forming here on this day again looking

436
00:20:30,150 --> 00:20:32,760
for retracements to buy off of this was

437
00:20:32,760 --> 00:20:35,070
one, this one in here, and then you have

438
00:20:35,070 --> 00:20:37,110
one in the New York session here as

439
00:20:37,110 --> 00:20:38,850
well. You can take this swing low

440
00:20:41,579 --> 00:20:42,209
and

441
00:20:43,710 --> 00:20:46,890
to this high here, okay, and the 62%

442
00:20:46,890 --> 00:20:47,940
trace low and it may be a little

443
00:20:47,940 --> 00:20:50,610
difficult to see so I'll do my best to

444
00:20:52,560 --> 00:20:54,090
draw a little bit tighter to see that

445
00:20:54,570 --> 00:20:56,670
the 62% retracement lays right on top of

446
00:20:56,670 --> 00:20:59,100
that line that would delineates the New

447
00:20:59,100 --> 00:21:01,860
York session beginning The least the

448
00:21:01,860 --> 00:21:04,590
boundary time, and then price rally or

449
00:21:04,590 --> 00:21:04,830
not.

450
00:21:06,990 --> 00:21:07,650
I actually

451
00:21:08,520 --> 00:21:10,590
took this trade, okay, so it's not like

452
00:21:10,590 --> 00:21:12,480
it's something that's purely hindsight.

453
00:21:12,840 --> 00:21:14,760
And if I'm questioned or whatever I can

454
00:21:14,760 --> 00:21:17,010
show you documentation about the trade

455
00:21:17,010 --> 00:21:19,140
and the actual real results, not a demo

456
00:21:19,140 --> 00:21:24,330
trade. And the end, the opportunity to

457
00:21:24,330 --> 00:21:27,690
continue moving higher in intraday in

458
00:21:27,690 --> 00:21:29,730
here also was available and you could

459
00:21:29,730 --> 00:21:31,860
have caught some further upside as well.

460
00:21:32,130 --> 00:21:34,380
But that's outside the scope of this

461
00:21:34,380 --> 00:21:36,990
teaching. And this, this presentation.

462
00:21:37,470 --> 00:21:40,710
Again, moving into, let's go out one

463
00:21:40,710 --> 00:21:41,100
more.

464
00:21:46,440 --> 00:21:48,690
Okay. This was that maybe we're

465
00:21:48,750 --> 00:21:52,650
discussing. And here we have the range

466
00:21:52,680 --> 00:21:55,800
from the previous day's low, up to the

467
00:21:55,800 --> 00:21:59,970
highest high. Okay, we're here prior

468
00:22:00,000 --> 00:22:04,290
Moving into London and New York. Okay,

469
00:22:04,290 --> 00:22:06,060
here's New York down here you can see

470
00:22:06,060 --> 00:22:07,260
our price moved to set an asset

471
00:22:07,260 --> 00:22:09,780
treatment level. Okay, and we're going

472
00:22:09,780 --> 00:22:12,990
to talk about why this may not have been

473
00:22:12,990 --> 00:22:16,200
a good idea to trade okay. Looking for a

474
00:22:16,200 --> 00:22:20,100
long because of something going on over

475
00:22:20,100 --> 00:22:21,990
here. Okay, but that's later on in the

476
00:22:21,990 --> 00:22:26,970
video guys I know teaser teaser price

477
00:22:26,970 --> 00:22:28,800
rallies up in here okay nice opportunity

478
00:22:28,800 --> 00:22:31,710
okay just to be a buyer specifically

479
00:22:31,710 --> 00:22:34,170
looking to catch Long's okay the range

480
00:22:34,170 --> 00:22:36,420
available was 68 pips, you could

481
00:22:36,420 --> 00:22:37,860
reasonably expect to get 30 pips out of

482
00:22:37,860 --> 00:22:39,900
that and so there's absolutely no reason

483
00:22:39,900 --> 00:22:42,780
why. One couldn't have you taken 20 to

484
00:22:42,780 --> 00:22:44,340
30 pips comfortably out of that move.

485
00:22:44,730 --> 00:22:46,770
Even with it retracing and returning

486
00:22:46,770 --> 00:22:50,730
back into this, this range here. We have

487
00:22:50,730 --> 00:22:54,060
a low here. Okay, we have a low in here,

488
00:22:54,510 --> 00:23:01,890
formed and using that To the high formed

489
00:23:02,070 --> 00:23:05,220
rate here, okay price comes down

490
00:23:05,220 --> 00:23:08,250
deviates to 797 tration briefly, just

491
00:23:08,280 --> 00:23:10,170
briefly, okay and then give you a little

492
00:23:10,200 --> 00:23:14,580
tradable rally in here to the tune of

493
00:23:17,280 --> 00:23:19,140
about 25 pips, there's nothing wrong

494
00:23:19,140 --> 00:23:22,290
with that. And if you consider the

495
00:23:22,290 --> 00:23:26,010
overall range of this price swing from

496
00:23:26,010 --> 00:23:28,980
here, up to the high and as it retraces

497
00:23:29,220 --> 00:23:33,210
we had the center line here and the 75

498
00:23:33,360 --> 00:23:36,060
level here, respectively and then look

499
00:23:36,060 --> 00:23:38,460
have come down one more time, found the

500
00:23:38,730 --> 00:23:40,770
sudden acceleration level as well. One

501
00:23:40,770 --> 00:23:42,360
more time bouncing off it like we did

502
00:23:42,360 --> 00:23:45,330
here. Just violated this low just by a

503
00:23:45,330 --> 00:23:47,880
little bit. You see that? If price does

504
00:23:47,880 --> 00:23:49,620
that it's usually a precursor to

505
00:23:49,620 --> 00:23:51,480
something pretty significant. And you

506
00:23:51,480 --> 00:23:53,160
can see how clean these highs up here

507
00:23:53,160 --> 00:23:54,930
were. So you can imagine what was

508
00:23:54,930 --> 00:23:58,830
resting above that. You can see that was

509
00:23:58,830 --> 00:24:00,780
the case here. They took out all starts

510
00:24:00,780 --> 00:24:03,420
with that huge weekend gap blowing out

511
00:24:03,420 --> 00:24:06,000
all these highs that were way too clean

512
00:24:06,570 --> 00:24:11,100
and that's classic ICT work there. You

513
00:24:11,100 --> 00:24:14,460
can see the the results of why I say

514
00:24:14,460 --> 00:24:16,410
when levels are too clean that you can

515
00:24:16,410 --> 00:24:18,270
expect a pocket of stops sitting up

516
00:24:18,270 --> 00:24:20,340
there and they will gun those bad boys

517
00:24:20,340 --> 00:24:22,500
out. And they did a handsome job of it

518
00:24:22,500 --> 00:24:26,550
that week. Okay. And price moved again

519
00:24:27,900 --> 00:24:32,100
on Monday, small little rally here in

520
00:24:32,370 --> 00:24:35,460
the London session going into New York,

521
00:24:35,550 --> 00:24:38,100
okay before retracement deeper. Okay,

522
00:24:38,130 --> 00:24:40,530
now let's look at something

523
00:24:41,579 --> 00:24:42,089
okay.

524
00:24:42,240 --> 00:24:48,900
And it's a very cool technique. And I i

525
00:24:48,900 --> 00:24:51,360
dubbed it and hidden optimal trade

526
00:24:51,360 --> 00:24:54,270
entry. And for those that aren't real

527
00:24:54,780 --> 00:24:57,870
fans of my work, they find it rather

528
00:24:57,870 --> 00:25:00,330
silly to suggest it something Might be

529
00:25:00,330 --> 00:25:02,700
hidden and therefore be useful. But it's

530
00:25:02,700 --> 00:25:04,530
really nothing more than simply looking

531
00:25:04,530 --> 00:25:07,530
at an idea of support resistance. Okay,

532
00:25:07,800 --> 00:25:09,480
which is what we have here. I think it

533
00:25:09,480 --> 00:25:11,130
would be hard pressed to find anyone

534
00:25:11,130 --> 00:25:13,320
that would really fight this as being a

535
00:25:13,320 --> 00:25:16,080
discernible level of resistance. Okay,

536
00:25:16,410 --> 00:25:19,770
we saw a bounce up here, here, here,

537
00:25:20,130 --> 00:25:22,470
okay. And if price was to get back above

538
00:25:22,470 --> 00:25:24,810
it as we see here, we would expect it to

539
00:25:24,810 --> 00:25:28,170
be what? support right? So we would have

540
00:25:28,200 --> 00:25:34,080
a role reversal if you will, okay. But

541
00:25:34,170 --> 00:25:36,600
simply because it's expected level of

542
00:25:36,600 --> 00:25:39,210
resistance here, it may not come back

543
00:25:39,210 --> 00:25:41,130
down to that level anytime soon. But it

544
00:25:41,130 --> 00:25:43,260
still is useful to us as a point of

545
00:25:43,260 --> 00:25:46,650
reference. Because between that level,

546
00:25:46,890 --> 00:25:48,600
and we're price opened up and rallied up

547
00:25:48,600 --> 00:25:52,140
to here, okay. That is a range. This

548
00:25:52,140 --> 00:25:54,120
this right here this point here from

549
00:25:54,120 --> 00:25:57,660
this candles low to this candles close

550
00:25:57,660 --> 00:26:00,720
here. This is a gap now While there was

551
00:26:00,720 --> 00:26:04,140
no trading there, okay, you have to

552
00:26:04,620 --> 00:26:06,510
understand that this is still

553
00:26:08,400 --> 00:26:09,210
a range.

554
00:26:10,769 --> 00:26:13,499
Okay, that's a range. This is simply no

555
00:26:13,499 --> 00:26:15,569
trading between this price point of the

556
00:26:15,569 --> 00:26:17,669
close of the previous Friday and the

557
00:26:17,669 --> 00:26:20,249
opening on Sunday. There's no trading in

558
00:26:20,249 --> 00:26:24,269
there. It's all you know, the liquidity

559
00:26:24,329 --> 00:26:28,079
is none zero, okay? But because price is

560
00:26:28,079 --> 00:26:29,669
trading here, you still have to consider

561
00:26:29,669 --> 00:26:32,819
that as range. Okay? It just means that

562
00:26:32,819 --> 00:26:35,279
there's gaps in between these two price

563
00:26:35,279 --> 00:26:37,379
points. And usually the market finds a

564
00:26:37,379 --> 00:26:40,049
way to fill those gaps, but not right

565
00:26:40,049 --> 00:26:41,879
away sometimes. Okay, so with that

566
00:26:41,879 --> 00:26:45,779
understanding is with this gap, or

567
00:26:45,779 --> 00:26:47,519
without this gap, if you ever see a

568
00:26:47,519 --> 00:26:50,009
discernible level like this, okay, where

569
00:26:50,009 --> 00:26:52,439
it clear resistance and support resides.

570
00:26:52,649 --> 00:26:54,749
If you take your fib and anchor it right

571
00:26:54,749 --> 00:26:58,199
from that price point. And you rallied

572
00:26:58,199 --> 00:27:00,539
off that, take it up, up to To highest

573
00:27:00,569 --> 00:27:05,459
high Okay, when price retraces basically

574
00:27:05,459 --> 00:27:06,659
what you're saying is it's retracing

575
00:27:06,659 --> 00:27:09,359
into this range gaps don't have to fill

576
00:27:09,359 --> 00:27:12,179
also. Okay, I've seen many times where

577
00:27:12,179 --> 00:27:15,179
gaps stayed unfulfilled you know, for

578
00:27:15,449 --> 00:27:17,549
years, that was in commodity markets

579
00:27:17,549 --> 00:27:20,339
that was in stock indices, okay? Just

580
00:27:20,339 --> 00:27:22,019
simply because the gap doesn't mean

581
00:27:22,019 --> 00:27:24,359
necessarily that it's gonna fill. That's

582
00:27:24,359 --> 00:27:26,399
not it doesn't mean this is a common

583
00:27:26,399 --> 00:27:28,499
gap, if you will. Okay, common gaps

584
00:27:28,499 --> 00:27:30,209
usually get filled relatively quick.

585
00:27:30,779 --> 00:27:34,079
This could be a breakaway gap where it

586
00:27:34,079 --> 00:27:35,879
necessarily isn't always going to be

587
00:27:35,879 --> 00:27:39,179
filled in especially IVF have a long

588
00:27:39,179 --> 00:27:42,689
term, monthly yearly trend underway, who

589
00:27:42,689 --> 00:27:43,919
says it's going to have to go away back

590
00:27:43,919 --> 00:27:46,349
down to that gap. Okay, this just shows

591
00:27:46,349 --> 00:27:49,949
that there's a huge influx of buying

592
00:27:50,339 --> 00:27:52,619
Okay, on an institutional level. So

593
00:27:52,619 --> 00:27:54,539
therefore, we still have to consider

594
00:27:54,539 --> 00:27:56,519
this as a range in price comes right

595
00:27:56,519 --> 00:27:59,009
down to the 70.5 and then rallies off of

596
00:27:59,009 --> 00:28:00,779
it gives you what an ounce to trade to

597
00:28:00,779 --> 00:28:04,139
where and why. Okay, so just simply

598
00:28:04,139 --> 00:28:06,869
looking at support resistance and using

599
00:28:06,959 --> 00:28:11,099
Fibonacci alone is useful. Okay? And

600
00:28:11,519 --> 00:28:12,989
there's 40 pips made available to

601
00:28:12,989 --> 00:28:14,579
someone that would simply understand

602
00:28:14,579 --> 00:28:17,819
that concept and work with it. Okay? It

603
00:28:17,819 --> 00:28:19,199
doesn't mean you need to hold on to it

604
00:28:19,199 --> 00:28:21,449
and expect the moon. It just gives you

605
00:28:21,449 --> 00:28:23,369
an opportunity to trade. Okay? And

606
00:28:23,369 --> 00:28:24,929
there's a trading pattern in this that

607
00:28:24,929 --> 00:28:26,609
we're not having discussed. It's been

608
00:28:26,609 --> 00:28:28,769
previously released by me on internet

609
00:28:28,769 --> 00:28:30,779
but that's for another time another

610
00:28:30,779 --> 00:28:34,439
topic. But again, you know, we have this

611
00:28:34,439 --> 00:28:37,049
low in here. Okay, that was an

612
00:28:37,049 --> 00:28:39,629
opportunity to catch a short term little

613
00:28:39,779 --> 00:28:41,549
pop in the market again, focusing only

614
00:28:41,549 --> 00:28:42,269
being a bull.

615
00:28:46,109 --> 00:28:51,119
We have price moving into

616
00:28:51,119 --> 00:28:54,539
a larger consolidation. Okay. We do have

617
00:28:54,539 --> 00:28:56,609
an opportunity to see like this low

618
00:28:56,609 --> 00:28:58,949
here, to this high. This is an

619
00:28:58,949 --> 00:29:00,689
opportunity here, where you Potentially

620
00:29:00,689 --> 00:29:02,969
looked to be a buyer in here, okay, but

621
00:29:02,969 --> 00:29:05,879
with this gap like it is here, it just,

622
00:29:05,939 --> 00:29:08,639
it's a lot of uncertainty where it may

623
00:29:08,639 --> 00:29:10,949
try to reach that you could be a buyer

624
00:29:10,949 --> 00:29:13,409
here. And assuming that was the case,

625
00:29:13,439 --> 00:29:16,799
you know, price was able to move up

626
00:29:16,889 --> 00:29:20,699
strongly, in this case here with FM

627
00:29:20,789 --> 00:29:26,879
FOMC. Release in here. But this this day

628
00:29:26,879 --> 00:29:29,909
here, okay, if we use the same premise

629
00:29:29,909 --> 00:29:32,009
that we had that same support line.

630
00:29:32,609 --> 00:29:34,139
Okay, let's go back just a little bit as

631
00:29:34,139 --> 00:29:37,019
you can see it clear. We're going to use

632
00:29:37,019 --> 00:29:39,899
the same premise this set support line.

633
00:29:40,829 --> 00:29:42,929
And we're using the kill zones again as

634
00:29:42,929 --> 00:29:45,359
guides. And this is the range the

635
00:29:45,359 --> 00:29:47,849
highest high prior to going into the

636
00:29:47,849 --> 00:29:50,669
London and New York sessions. Now,

637
00:29:50,669 --> 00:29:52,739
again, we had FOMC coming out this day,

638
00:29:52,739 --> 00:29:55,619
so you'd have to expect price to just

639
00:29:55,619 --> 00:29:56,969
more or less consolidate prior to going

640
00:29:56,969 --> 00:29:59,999
into that specific release process.

641
00:29:59,999 --> 00:30:02,159
makes the low in New York session right

642
00:30:02,189 --> 00:30:04,739
on the move past before you go to see it

643
00:30:04,739 --> 00:30:07,979
I apologize. Back price comes right down

644
00:30:07,979 --> 00:30:10,349
to 62% retracement level and then takes

645
00:30:10,349 --> 00:30:12,809
off and Quake in case you're you're

646
00:30:12,839 --> 00:30:15,959
you're wondering. I was long in here and

647
00:30:15,959 --> 00:30:19,379
I am going to tweet the actual entry

648
00:30:19,379 --> 00:30:21,659
point and you can see that I was not

649
00:30:22,679 --> 00:30:26,129
outside of this move. It was rather

650
00:30:26,129 --> 00:30:28,169
exciting because it was one of those

651
00:30:28,169 --> 00:30:30,119
times where we had everything in

652
00:30:30,599 --> 00:30:33,179
alignment we had yields suggesting the

653
00:30:33,179 --> 00:30:34,979
price is going to move higher. We had a

654
00:30:34,979 --> 00:30:38,489
huge weekend gap that was unfilled. It

655
00:30:38,489 --> 00:30:40,349
just was unable to breach that

656
00:30:40,379 --> 00:30:46,439
133 25 123 I'm sorry 133 23 level in

657
00:30:46,439 --> 00:30:49,469
this area here as support narrowing came

658
00:30:49,469 --> 00:30:51,959
down to it never needed to and then just

659
00:30:51,959 --> 00:30:53,669
launched vertically on the upside.

660
00:30:53,849 --> 00:30:56,669
Again, keying off of the London open and

661
00:30:56,699 --> 00:31:00,479
New York open kill zones. What was

662
00:31:00,989 --> 00:31:02,549
useful here because the law actually

663
00:31:02,549 --> 00:31:04,289
formed on Monday during the New York

664
00:31:04,289 --> 00:31:08,009
session, and price moved on higher, then

665
00:31:08,009 --> 00:31:10,409
went to another consolidation going into

666
00:31:10,409 --> 00:31:12,479
the close of the week. Again, our

667
00:31:12,509 --> 00:31:16,679
previous understandings in the previous

668
00:31:16,679 --> 00:31:18,689
videos that we see price, when it

669
00:31:18,689 --> 00:31:20,459
rallies large like this, this is a big

670
00:31:20,459 --> 00:31:22,469
daily range. So anything's gonna happen

671
00:31:22,469 --> 00:31:24,329
when the average Joe, he's gonna get in

672
00:31:24,329 --> 00:31:25,259
the market. Well, I'm going to be a

673
00:31:25,259 --> 00:31:26,939
buyer now and I'm going to be expecting

674
00:31:26,939 --> 00:31:29,219
this thing to repeat the same similar

675
00:31:29,219 --> 00:31:32,159
move. Not always, and certainly not off

676
00:31:32,159 --> 00:31:34,139
of an economic report because what'll

677
00:31:34,139 --> 00:31:35,159
happen is there's going to be some

678
00:31:35,159 --> 00:31:37,199
rebalancing. Okay, and what they'll do

679
00:31:37,199 --> 00:31:39,899
is they'll consolidate and more or less

680
00:31:40,049 --> 00:31:42,059
pause for a moment and reflect on

681
00:31:42,059 --> 00:31:44,369
whether or not this was really needed.

682
00:31:44,519 --> 00:31:48,389
Okay. And this is very illiquid a lot of

683
00:31:48,389 --> 00:31:51,359
gaps in here. Okay, so it was in a rush

684
00:31:51,359 --> 00:31:53,069
to get somewhere and it held this

685
00:31:53,369 --> 00:31:57,329
135 3135 50 range.

686
00:31:58,500 --> 00:31:59,400
Okay, and

687
00:31:59,640 --> 00:32:03,420
price Again, moving into consolidation,

688
00:32:04,230 --> 00:32:07,290
looking at how price moves like this, we

689
00:32:07,290 --> 00:32:11,760
are in a wait and see mode when this

690
00:32:11,760 --> 00:32:13,500
happens, even though we are bullish

691
00:32:13,530 --> 00:32:17,460
traders when price moves so aggressively

692
00:32:17,460 --> 00:32:19,410
like this short term, okay and we're

693
00:32:19,410 --> 00:32:21,150
talking about a move intraday

694
00:32:22,109 --> 00:32:22,949
one day

695
00:32:25,200 --> 00:32:28,830
moving 212 pips in one day, when that's

696
00:32:28,830 --> 00:32:31,200
a big that's a huge range for one day

697
00:32:31,680 --> 00:32:34,560
when you see that, okay, expect small

698
00:32:34,560 --> 00:32:37,140
ranges. This is what you see here, small

699
00:32:37,140 --> 00:32:39,030
ranges, small range small ranges, and

700
00:32:39,030 --> 00:32:40,380
then what you're going to wait for is

701
00:32:40,380 --> 00:32:41,970
discernible signs that we have an

702
00:32:41,970 --> 00:32:43,980
opportunity to trade. Okay, and let's

703
00:32:43,980 --> 00:32:45,630
drop out because I'm about to close.

704
00:32:47,910 --> 00:32:51,630
Here is that FOMC release, consolidation

705
00:32:51,630 --> 00:32:53,340
small little retracement smaller retrace

706
00:32:53,340 --> 00:32:56,520
a small retracement and finally we get

707
00:32:56,520 --> 00:32:58,350
some market structure shifting to the

708
00:32:58,350 --> 00:33:02,700
bullish side and then You can see that

709
00:33:02,700 --> 00:33:04,470
net, what I'm referring to is this break

710
00:33:04,470 --> 00:33:06,090
here this high, it made it very

711
00:33:06,090 --> 00:33:07,320
convincing rally, which we're going to

712
00:33:07,320 --> 00:33:09,060
talk about this type of price action and

713
00:33:09,060 --> 00:33:11,010
what is so useful about it,

714
00:33:12,299 --> 00:33:13,019
you have

715
00:33:14,039 --> 00:33:19,889
an opportunity to see this range, price

716
00:33:19,889 --> 00:33:21,149
comes down that ascending is it chasing

717
00:33:21,149 --> 00:33:23,819
a smaller violation, not much. But this

718
00:33:23,819 --> 00:33:26,099
is an opportunity to be a buyer. Again,

719
00:33:26,129 --> 00:33:29,999
focusing on the time window and the kill

720
00:33:29,999 --> 00:33:30,629
zones.

721
00:33:32,130 --> 00:33:32,760
We have

722
00:33:35,130 --> 00:33:37,890
price rally up on out of here. So again,

723
00:33:37,890 --> 00:33:40,440
we have this small little range in here

724
00:33:40,620 --> 00:33:43,620
that is outside of our kill zone. So

725
00:33:43,620 --> 00:33:45,540
even though this could be a trade taken

726
00:33:45,540 --> 00:33:48,120
during the asian session, again, outside

727
00:33:48,120 --> 00:33:50,970
of the scope of this teaching, if we see

728
00:33:50,970 --> 00:33:53,820
this rally up here like this, this is

729
00:33:54,540 --> 00:33:56,670
the area of where you would be expected

730
00:33:56,670 --> 00:34:00,000
to be along based on what we're teaching

731
00:34:01,650 --> 00:34:03,630
And that looks like this. This is the

732
00:34:03,630 --> 00:34:07,500
low during the one kill zone and the

733
00:34:07,500 --> 00:34:09,570
high made during the London kill zone.

734
00:34:09,600 --> 00:34:11,460
So we have a price swing within that

735
00:34:11,460 --> 00:34:13,620
timeframe, right in here, this is

736
00:34:13,620 --> 00:34:16,620
adjacent level, okay? And then zoom in.

737
00:34:21,570 --> 00:34:23,430
Okay, you can see price comes down,

738
00:34:23,940 --> 00:34:26,700
gives you more or less like railroad

739
00:34:26,700 --> 00:34:29,040
tracks if you're a candlestick student.

740
00:34:30,210 --> 00:34:32,520
What that is, is you have a big range

741
00:34:32,520 --> 00:34:35,250
down now they range up immediately. And

742
00:34:35,370 --> 00:34:38,340
that was a precursor to upward pressure.

743
00:34:38,910 --> 00:34:40,590
Again, that's just using the low here.

744
00:34:40,860 --> 00:34:43,380
If you use the low form during the asian

745
00:34:43,380 --> 00:34:45,960
session over here, you can see we didn't

746
00:34:45,960 --> 00:34:51,390
have anything in terms of OTV support

747
00:34:51,420 --> 00:34:54,270
except for some 50% fib which is not

748
00:34:54,270 --> 00:35:00,000
significant in my repertoire. So again,

749
00:35:00,000 --> 00:35:02,010
Without understanding you have it here.

750
00:35:02,430 --> 00:35:03,600
And we have

751
00:35:05,520 --> 00:35:06,270
this

752
00:35:07,319 --> 00:35:09,629
market making the high during the actual

753
00:35:09,659 --> 00:35:11,699
New York session. Okay, and the high

754
00:35:11,699 --> 00:35:22,919
closing on the candle 1400 GMT. So it's

755
00:35:22,919 --> 00:35:24,599
one hour earlier than we would expect to

756
00:35:24,599 --> 00:35:27,719
see profit taking, which is the 1500 GMT

757
00:35:27,719 --> 00:35:28,229
candle.

758
00:35:28,890 --> 00:35:29,970
And that happens

759
00:35:30,660 --> 00:35:33,180
right there. So right in here is when

760
00:35:33,180 --> 00:35:34,890
you would be reasonably expected to see

761
00:35:34,890 --> 00:35:37,350
the high head formed and it was a little

762
00:35:37,350 --> 00:35:40,560
early on that day here. So basically

763
00:35:40,560 --> 00:35:42,810
what we just discussed was an overview

764
00:35:43,020 --> 00:35:46,530
of how important understanding the kill

765
00:35:46,530 --> 00:35:50,400
zones role in trading. Okay, and again,

766
00:35:50,760 --> 00:35:52,020
just focusing on one side of the

767
00:35:52,020 --> 00:35:56,280
marketplace, and that's not necessarily

768
00:35:56,310 --> 00:35:59,430
a weakness, okay. I get a lot of email

769
00:35:59,430 --> 00:36:00,960
flack about You know, well, you're

770
00:36:00,960 --> 00:36:02,250
missing all these opportunities just

771
00:36:02,250 --> 00:36:05,370
doing this. Well, look, man, show me a

772
00:36:05,370 --> 00:36:07,290
trader that's catching every move with

773
00:36:07,290 --> 00:36:09,930
documentation and results that show an

774
00:36:09,930 --> 00:36:11,790
upward equity climb. Because I'm gonna

775
00:36:11,790 --> 00:36:14,340
tell you right now, if they exist,

776
00:36:14,700 --> 00:36:16,680
they're not talking to you. They're work

777
00:36:16,680 --> 00:36:18,540
for some bigwig operation somewhere,

778
00:36:18,570 --> 00:36:21,300
okay? And they could care less who on

779
00:36:21,300 --> 00:36:24,570
the internet believes what? Okay? What

780
00:36:24,570 --> 00:36:26,040
we're discussing here is an opportunity

781
00:36:26,040 --> 00:36:28,830
to learn how to approach and engage the

782
00:36:28,830 --> 00:36:33,360
marketplace with a plan of attack, a

783
00:36:33,360 --> 00:36:36,750
trading plan, if you will, one that is

784
00:36:36,750 --> 00:36:41,370
repeatable one that is usable in all

785
00:36:41,370 --> 00:36:44,370
market conditions, okay. But simply

786
00:36:44,370 --> 00:36:45,720
because it's usable in every market

787
00:36:45,720 --> 00:36:48,000
condition does not mean it's going to be

788
00:36:48,030 --> 00:36:50,880
a trade in every market condition. Okay.

789
00:36:51,330 --> 00:36:53,250
A lot of folks are struggling with

790
00:36:53,250 --> 00:36:55,020
directional bias. We're going to talk

791
00:36:55,020 --> 00:36:57,270
about that in this video module. We're

792
00:36:57,270 --> 00:36:58,590
going to talk about the importance of

793
00:36:58,590 --> 00:37:01,380
not doing anything Okay, because a lot

794
00:37:01,380 --> 00:37:04,710
of times, folks will just assume that

795
00:37:04,860 --> 00:37:06,390
just simply because the market moved

796
00:37:06,690 --> 00:37:08,700
better ICT was involved in that trade,

797
00:37:08,760 --> 00:37:11,790
not necessarily. My trade frequency is

798
00:37:11,790 --> 00:37:14,760
very small. I used to trade a lot. You

799
00:37:14,760 --> 00:37:16,890
don't have to trade a lot. Okay. The

800
00:37:16,890 --> 00:37:18,630
tools I'm sharing in this video series

801
00:37:18,660 --> 00:37:21,630
will allow you to cherry pick these

802
00:37:21,930 --> 00:37:24,420
concepts. It's being divulged in this.

803
00:37:24,720 --> 00:37:27,690
This specific trading plan series is

804
00:37:27,750 --> 00:37:30,930
designed for you to catch those one shot

805
00:37:30,930 --> 00:37:33,570
one kill weekly hauls, where you just

806
00:37:33,570 --> 00:37:35,580
waiting for that really good setup for

807
00:37:35,580 --> 00:37:38,190
the week. Make your weekly objective.

808
00:37:38,520 --> 00:37:40,380
Don't care if it goes anything beyond

809
00:37:40,410 --> 00:37:43,890
your normal expected in terms of, you

810
00:37:43,890 --> 00:37:45,720
know, if it's 50 to 100 pips for the

811
00:37:45,720 --> 00:37:47,790
week, whatever this approach will help

812
00:37:47,790 --> 00:37:50,520
you do that. It'll help you get in that

813
00:37:50,520 --> 00:37:53,850
direction of being consistently hauling

814
00:37:53,850 --> 00:37:56,820
that type of that game. If you are

815
00:37:56,820 --> 00:37:58,860
expecting this to give you every single

816
00:37:58,860 --> 00:38:01,830
day trades You're looking outside the

817
00:38:01,830 --> 00:38:04,500
scope of what its intended purposes. Now

818
00:38:04,500 --> 00:38:06,540
I have approaches and techniques and

819
00:38:06,540 --> 00:38:08,310
concepts that are applicable for those

820
00:38:08,310 --> 00:38:10,470
types of environments and those styles

821
00:38:10,470 --> 00:38:12,300
of trading. But I don't think it's a

822
00:38:12,300 --> 00:38:15,570
good fit for new traders. I think it

823
00:38:15,600 --> 00:38:17,820
builds confidence if one can, number

824
00:38:17,820 --> 00:38:20,400
one, learn to anticipate, learn to

825
00:38:20,430 --> 00:38:22,440
engage with an understanding why you're

826
00:38:22,440 --> 00:38:24,210
doing it when you're doing it, when not

827
00:38:24,210 --> 00:38:26,190
to do it, which is more important to you

828
00:38:26,340 --> 00:38:28,650
taking a trade because there's more time

829
00:38:28,650 --> 00:38:30,840
in the market for you to lose money than

830
00:38:30,840 --> 00:38:32,910
there are for you to actually be in line

831
00:38:32,910 --> 00:38:34,380
with the market and then make money.

832
00:38:34,680 --> 00:38:35,790
Okay, and we're going to discuss that

833
00:38:35,790 --> 00:38:37,920
later on in this video. But understand

834
00:38:37,920 --> 00:38:42,120
that the the likelihood and the odds and

835
00:38:42,150 --> 00:38:46,380
time window for you to lose money is far

836
00:38:46,380 --> 00:38:49,140
greater than the short small little

837
00:38:49,140 --> 00:38:50,700
pockets of opportunity that present

838
00:38:50,700 --> 00:38:53,790
themselves as trade setups that are

839
00:38:53,820 --> 00:38:56,910
profitable. Look, if you take 1000

840
00:38:56,910 --> 00:38:59,580
traders home from all corners of the

841
00:38:59,580 --> 00:39:02,130
earth Put them in a room and you tell

842
00:39:02,130 --> 00:39:04,020
them look at the same chart, every

843
00:39:04,020 --> 00:39:05,580
single one of those guys are going to

844
00:39:05,580 --> 00:39:06,930
have something different and what they

845
00:39:06,930 --> 00:39:10,260
see and what they expect. This is a

846
00:39:10,290 --> 00:39:13,170
framework for you to build upon. It's

847
00:39:13,170 --> 00:39:17,250
not a complete, be all end all. Okay?

848
00:39:17,250 --> 00:39:19,830
It's not a panacea. But what you're

849
00:39:19,830 --> 00:39:21,240
going to get from this is gonna

850
00:39:21,570 --> 00:39:22,380
give you a

851
00:39:23,280 --> 00:39:26,610
procedure to apply. And if it's applied

852
00:39:26,610 --> 00:39:29,430
correctly, within the defined terms,

853
00:39:29,430 --> 00:39:32,790
from video, one to video eight, you're

854
00:39:32,790 --> 00:39:35,880
going to see a big picture panoramic

855
00:39:35,880 --> 00:39:38,280
view of when you should be engaging,

856
00:39:38,310 --> 00:39:40,200
when you should not be engaging. And

857
00:39:40,200 --> 00:39:42,960
when you are engaging, what specifically

858
00:39:42,960 --> 00:39:47,220
you're doing, when, why, how, okay,

859
00:39:47,370 --> 00:39:49,470
there's going to be no ambiguity when it

860
00:39:49,470 --> 00:39:52,020
comes to that. But it's important for

861
00:39:52,020 --> 00:39:53,460
you to get through all this boring dry

862
00:39:53,460 --> 00:39:55,770
stuff because that's what gives you the

863
00:39:55,770 --> 00:39:58,770
understanding to make you effective once

864
00:39:58,770 --> 00:40:00,510
you start applying these tools. Because

865
00:40:01,380 --> 00:40:02,730
every time you watch these videos, it

866
00:40:02,730 --> 00:40:04,080
doesn't mean simply go out the next day

867
00:40:04,080 --> 00:40:06,120
and expect those things unfold exactly

868
00:40:06,120 --> 00:40:09,000
as you saw in that previous video, you

869
00:40:09,000 --> 00:40:13,080
learn by expecting to see similarities

870
00:40:13,080 --> 00:40:15,300
to what you see in these videos, and you

871
00:40:15,510 --> 00:40:18,420
gain a understanding, okay, and you

872
00:40:18,420 --> 00:40:19,650
activate your reticular activating

873
00:40:19,650 --> 00:40:21,540
system where you start seeing the same

874
00:40:21,540 --> 00:40:24,660
pattern unfolding all the time, always,

875
00:40:24,660 --> 00:40:26,730
they're always there. And there's gonna

876
00:40:26,730 --> 00:40:29,040
be slight deviations from what you

877
00:40:29,190 --> 00:40:31,050
expect to see and what actually is

878
00:40:31,050 --> 00:40:33,210
there. And that's the fine art and

879
00:40:33,210 --> 00:40:35,220
trading that you aren't going to learn

880
00:40:35,220 --> 00:40:36,780
from a textbook. You're not going to

881
00:40:36,780 --> 00:40:39,360
learn from a $2,000 webinar seminar

882
00:40:39,630 --> 00:40:42,570
going across the planet. Go see somebody

883
00:40:42,570 --> 00:40:44,040
that promises he's been doing it for,

884
00:40:44,310 --> 00:40:46,530
you know, 25 years and he said, He's so

885
00:40:46,530 --> 00:40:47,730
much better than everybody else.

886
00:40:48,030 --> 00:40:48,420
Look,

887
00:40:49,500 --> 00:40:52,440
there is going to be a growing period

888
00:40:52,470 --> 00:40:54,420
for you. And it's going to come with

889
00:40:54,420 --> 00:40:56,520
being in front of the charts. I learned

890
00:40:56,520 --> 00:40:59,490
something new every single month. I'll

891
00:40:59,490 --> 00:41:01,920
go back over My journal, and I will

892
00:41:01,920 --> 00:41:03,510
discuss about how to keep a journal and

893
00:41:03,540 --> 00:41:05,790
in the last portions of these videos,

894
00:41:06,090 --> 00:41:07,830
and what's a real good way of referring

895
00:41:07,830 --> 00:41:09,240
to it, reflecting on it and what you

896
00:41:09,240 --> 00:41:10,530
should be gleaning from every time you

897
00:41:10,530 --> 00:41:13,680
do it. I learned something new. And a

898
00:41:13,680 --> 00:41:15,360
lot of it's about myself not necessarily

899
00:41:15,360 --> 00:41:17,400
about the marketplace, but I learned a

900
00:41:17,400 --> 00:41:19,680
lot and I journal those types of things.

901
00:41:19,680 --> 00:41:24,810
So when you see these kill zones, learn

902
00:41:24,840 --> 00:41:27,870
to anticipate specific types of price

903
00:41:27,870 --> 00:41:30,720
action and behavior. You are not at the

904
00:41:30,720 --> 00:41:32,910
point at which you are expecting to do

905
00:41:33,030 --> 00:41:35,580
trades yet. Okay? You're still in an

906
00:41:35,580 --> 00:41:38,190
observatory state. Okay, what you're

907
00:41:38,190 --> 00:41:40,980
doing is you're spectating or paper

908
00:41:40,980 --> 00:41:42,750
trading. Okay. You're just looking to

909
00:41:42,750 --> 00:41:46,230
see how these markets, gyrate and move

910
00:41:46,230 --> 00:41:49,080
within these specific time windows with

911
00:41:49,530 --> 00:41:52,560
a higher timeframe. panoramic, quote,

912
00:41:52,560 --> 00:41:56,100
unquote, fundamental perspective. And

913
00:41:56,100 --> 00:41:58,140
I'm hoping that you're gleaning that

914
00:41:58,530 --> 00:42:03,090
there is A few cherries hanging on the

915
00:42:03,090 --> 00:42:05,790
monthly tree of forex. Okay, that you

916
00:42:05,790 --> 00:42:07,950
can calmly and gingerly walk up to it.

917
00:42:08,340 --> 00:42:11,160
Reach Out and pluck those cherries, when

918
00:42:11,160 --> 00:42:14,640
you know, it's applicable for you to do

919
00:42:14,640 --> 00:42:16,440
so. Not simply because it's an

920
00:42:16,470 --> 00:42:18,060
opportunity to trade because therefore,

921
00:42:18,240 --> 00:42:21,270
it's Monday, the markets trading, I got

922
00:42:21,270 --> 00:42:23,100
home from work early, or I'm going to

923
00:42:23,100 --> 00:42:25,110
bed early, I'm going to get up and be up

924
00:42:25,110 --> 00:42:27,300
in London, therefore, I'm making time to

925
00:42:27,300 --> 00:42:28,650
be in the market. So I'm going to take

926
00:42:28,650 --> 00:42:30,360
that trade, there's no necessary,

927
00:42:30,390 --> 00:42:32,130
there's not necessarily a guarantee,

928
00:42:32,550 --> 00:42:34,530
anywhere that your trading opportunity

929
00:42:34,530 --> 00:42:36,930
in terms of time and freedom isn't going

930
00:42:36,930 --> 00:42:40,050
to line up with the market dynamics, you

931
00:42:40,050 --> 00:42:42,360
know, propel the market up or down in

932
00:42:42,360 --> 00:42:46,020
your favor. So it's, it's important to

933
00:42:46,020 --> 00:42:48,840
understand that, okay, and these kill

934
00:42:48,840 --> 00:42:50,880
zones while they are absolutely dynamite

935
00:42:50,880 --> 00:42:52,710
in the right hands with someone that

936
00:42:52,710 --> 00:42:54,930
understands what should be transpiring

937
00:42:55,500 --> 00:42:57,420
and a combination of all these

938
00:42:57,420 --> 00:42:59,970
components together by themselves.

939
00:43:00,000 --> 00:43:01,260
They're absolutely going to be useless

940
00:43:01,260 --> 00:43:03,210
to you. Okay, this highlighting a window

941
00:43:03,210 --> 00:43:05,220
of time where things generally happen,

942
00:43:05,430 --> 00:43:07,440
okay? So don't expect them to do

943
00:43:07,440 --> 00:43:10,800
anything more than that. But go back at

944
00:43:10,830 --> 00:43:12,870
when looking when the the when the

945
00:43:12,870 --> 00:43:16,350
windows of the kill zone on London and

946
00:43:16,380 --> 00:43:19,800
New York present these tremendous

947
00:43:19,830 --> 00:43:21,960
opportunities for you to be involved

948
00:43:22,260 --> 00:43:25,050
with being in that marketplace with that

949
00:43:25,080 --> 00:43:27,300
dynamic in mind like we had from

950
00:43:27,300 --> 00:43:28,920
September 9, we expected the market to

951
00:43:28,920 --> 00:43:30,420
move higher, we expected the dollar to

952
00:43:30,420 --> 00:43:31,980
move lower. We understood that

953
00:43:31,980 --> 00:43:33,750
fundamentally quote unquote based on

954
00:43:33,750 --> 00:43:36,120
interest rates, okay. And that mad

955
00:43:36,120 --> 00:43:38,940
magnetic pole it will have on prices in

956
00:43:38,940 --> 00:43:41,040
the currency market. And you saw that

957
00:43:41,040 --> 00:43:43,020
unfold here, not necessarily just simply

958
00:43:43,020 --> 00:43:45,180
in the euro. It happened in the cable.

959
00:43:45,510 --> 00:43:47,820
Okay, it happened in the Australian

960
00:43:47,820 --> 00:43:52,140
dollar. Okay, it happened in all of the

961
00:43:52,140 --> 00:43:54,450
foreign currency markets in contrast to

962
00:43:54,450 --> 00:43:57,930
the US dollar. Okay, folks, we're gonna

963
00:43:57,930 --> 00:43:59,250
be looking at directional bias

964
00:43:59,250 --> 00:44:01,980
framework. And before we get into the

965
00:44:01,980 --> 00:44:05,370
specifics, I want to ask you a question.

966
00:44:05,580 --> 00:44:07,260
Okay. And we kind of visited this

967
00:44:07,290 --> 00:44:10,470
earlier on in the video series, but why

968
00:44:10,470 --> 00:44:13,050
do markets move? You know what, what

969
00:44:13,050 --> 00:44:16,410
propels markets higher and lower? Is the

970
00:44:16,410 --> 00:44:18,870
average retail traders like you and I,

971
00:44:19,260 --> 00:44:21,840
or is it going to be the large

972
00:44:22,260 --> 00:44:25,590
institutional banks and investment

973
00:44:25,590 --> 00:44:30,120
firms? those entities on the larger

974
00:44:30,120 --> 00:44:32,130
scale obviously, beyond the shadow of a

975
00:44:32,130 --> 00:44:35,370
doubt, are the catalysts for markets

976
00:44:35,370 --> 00:44:37,440
moving higher and lower, because their

977
00:44:37,440 --> 00:44:41,700
sheer volume you three requires price to

978
00:44:41,700 --> 00:44:45,390
move based on some supply and demand

979
00:44:45,570 --> 00:44:48,750
factors that they create by their mere

980
00:44:48,750 --> 00:44:52,590
presence in a specific asset class. And

981
00:44:52,590 --> 00:44:54,600
it goes without saying that if a

982
00:44:54,600 --> 00:44:58,800
currency is undervalued, and for

983
00:44:58,800 --> 00:45:00,630
whatever reason, that large As an

984
00:45:00,630 --> 00:45:03,060
institution seems to believe that it's

985
00:45:03,060 --> 00:45:04,770
undervalued and it's going to appreciate

986
00:45:04,770 --> 00:45:08,310
in value with you, without that, they

987
00:45:08,310 --> 00:45:11,010
will try to accumulate that currency.

988
00:45:11,400 --> 00:45:14,220
But because their, their volume level is

989
00:45:14,220 --> 00:45:19,410
such such a great contrast to what we

990
00:45:19,410 --> 00:45:22,770
see in a retail side, they leave a very

991
00:45:22,770 --> 00:45:25,650
big footprint. Okay? And I use the

992
00:45:25,650 --> 00:45:27,720
analogy in this video series. It's like

993
00:45:27,720 --> 00:45:30,420
the elephant getting in this children's

994
00:45:30,420 --> 00:45:34,200
pool. Okay? This the displacement of

995
00:45:34,200 --> 00:45:34,770
water.

996
00:45:36,330 --> 00:45:38,490
It can't be missed. It's obvious. It's

997
00:45:38,520 --> 00:45:41,040
when they enter. You can see there's a

998
00:45:41,250 --> 00:45:44,460
there's a major shift in price. Okay,

999
00:45:44,460 --> 00:45:46,260
they don't sneak in. They don't, you

1000
00:45:46,260 --> 00:45:48,300
know, all of a sudden I look at that,

1001
00:45:48,300 --> 00:45:50,970
you know, this 500 PIP rally just took

1002
00:45:50,970 --> 00:45:52,200
off out of nowhere. Where'd this come

1003
00:45:52,200 --> 00:45:55,020
from? If you understand what an elephant

1004
00:45:55,020 --> 00:45:57,180
track looks like, you'll know what

1005
00:45:57,210 --> 00:46:00,180
happens in the future. When you see See

1006
00:46:00,180 --> 00:46:02,730
them start to materialize in price

1007
00:46:02,730 --> 00:46:05,670
action. Okay. It's a rather simplistic

1008
00:46:05,670 --> 00:46:08,340
way of looking at it. But the main thing

1009
00:46:08,370 --> 00:46:10,530
you need to understand as a trader is

1010
00:46:10,530 --> 00:46:13,500
that you are not going to muscle this

1011
00:46:13,500 --> 00:46:16,740
market. Okay, you're not going to be the

1012
00:46:16,740 --> 00:46:18,300
catalyst for it to move up and down.

1013
00:46:18,600 --> 00:46:21,300
Okay? It's a collection of us the retail

1014
00:46:21,300 --> 00:46:24,030
universe in trading will not move this

1015
00:46:24,030 --> 00:46:25,710
market. Now, we may cause little minor

1016
00:46:25,710 --> 00:46:28,590
blips, okay, in a very, very short term,

1017
00:46:29,040 --> 00:46:34,710
okay. But by far and large, the currents

1018
00:46:34,740 --> 00:46:36,750
in the marketplace are always going to

1019
00:46:36,750 --> 00:46:39,600
be dictated by the larger predators,

1020
00:46:39,660 --> 00:46:42,240
okay? And those entities are what we

1021
00:46:42,240 --> 00:46:44,820
considered quote unquote, smart money.

1022
00:46:46,020 --> 00:46:47,970
And because they have the sheer volume

1023
00:46:47,970 --> 00:46:49,950
behind their, their trades, you know,

1024
00:46:50,040 --> 00:46:53,760
they can manipulate the marketplace on a

1025
00:46:53,760 --> 00:46:57,780
certain certain timeframe. Now, the long

1026
00:46:57,780 --> 00:47:02,010
term trends obviously result of these

1027
00:47:02,220 --> 00:47:03,960
larger institutional Smart Money

1028
00:47:03,990 --> 00:47:08,250
investors and trading banks. They keep

1029
00:47:08,280 --> 00:47:10,350
momentum moving in one particular

1030
00:47:10,350 --> 00:47:12,390
direction or the other until something

1031
00:47:12,390 --> 00:47:14,520
changes it either fundamentally, or

1032
00:47:14,520 --> 00:47:17,550
technically, that prevents them from one

1033
00:47:17,550 --> 00:47:21,840
to participate in that existing trend.

1034
00:47:22,050 --> 00:47:23,430
And then that's what will happen is

1035
00:47:23,430 --> 00:47:25,560
you'll see a market shift, there'll be a

1036
00:47:25,560 --> 00:47:27,990
pause maybe, or an abrupt reversal all

1037
00:47:27,990 --> 00:47:30,150
together, and a change in market tide.

1038
00:47:31,350 --> 00:47:33,600
Your job as a trader is simply just get

1039
00:47:33,600 --> 00:47:36,330
involved with what those Smart Money

1040
00:47:36,330 --> 00:47:38,160
traders are doing. Okay, and we're gonna

1041
00:47:38,160 --> 00:47:40,260
be dealing specifically with that type

1042
00:47:40,260 --> 00:47:45,450
of mindset in this section. And the next

1043
00:47:45,450 --> 00:47:46,530
section after this, we're going to be

1044
00:47:46,530 --> 00:47:49,590
dealing with a lot more specifics in

1045
00:47:49,590 --> 00:47:52,890
terms of how to trade with the insights

1046
00:47:53,340 --> 00:47:55,350
that's gleaned with Smart Money action,

1047
00:47:55,710 --> 00:47:57,750
and in the candlesticks and the new

1048
00:47:57,750 --> 00:47:59,340
overall price action of whatever asset

1049
00:47:59,340 --> 00:48:02,670
class to trade, and because this is an

1050
00:48:02,670 --> 00:48:04,920
ICT concept, it's universal. it's

1051
00:48:04,920 --> 00:48:06,840
applicable to commodities applicable to

1052
00:48:06,840 --> 00:48:11,310
stocks, energies, crude oil, metals,

1053
00:48:11,340 --> 00:48:12,780
gold, silver, palladium, platinum,

1054
00:48:13,380 --> 00:48:17,790
copper, in in, as well as debt

1055
00:48:17,790 --> 00:48:19,710
instruments like the bond and Tino

1056
00:48:19,710 --> 00:48:22,290
markets. So don't think this is only

1057
00:48:22,290 --> 00:48:25,050
going to work in forex. It's a measure

1058
00:48:25,080 --> 00:48:28,650
of understanding how to read

1059
00:48:29,280 --> 00:48:31,890
institutional ordering, and the order

1060
00:48:31,890 --> 00:48:34,800
flow that's apparent in price action.

1061
00:48:35,190 --> 00:48:39,870
And it does not require a dependency on

1062
00:48:39,870 --> 00:48:44,670
indicators, okay, so it's a leading

1063
00:48:44,670 --> 00:48:46,650
indicator, if you will, it does not lag.

1064
00:48:46,680 --> 00:48:47,760
Okay. So in other words, you're going to

1065
00:48:47,760 --> 00:48:50,580
see the future and what I'm sharing with

1066
00:48:50,580 --> 00:48:54,090
this concept versus what you would glean

1067
00:48:54,090 --> 00:48:55,920
if you were just using a stochastic or a

1068
00:48:55,920 --> 00:48:58,470
MACD or whatever indicator you like to

1069
00:48:58,470 --> 00:49:00,450
use, okay, so it's a forward Looking

1070
00:49:00,690 --> 00:49:03,810
approach versus looking at old data and

1071
00:49:03,810 --> 00:49:05,610
crunching it mathematically to arrive at

1072
00:49:05,610 --> 00:49:08,370
whenever you come to believe is

1073
00:49:08,640 --> 00:49:13,680
beneficial with indicators. Alright, so

1074
00:49:13,710 --> 00:49:17,010
what makes a trade? high probability?

1075
00:49:17,250 --> 00:49:18,900
Okay, in other words, strategically

1076
00:49:18,900 --> 00:49:21,180
speaking, when you hear mentors or

1077
00:49:21,180 --> 00:49:23,310
traders or authors or whatever it is

1078
00:49:23,310 --> 00:49:26,310
that you, you pay attention to, or even

1079
00:49:26,310 --> 00:49:30,060
me when I say this is high probability,

1080
00:49:30,420 --> 00:49:34,380
what deems that setup high probability?

1081
00:49:35,040 --> 00:49:36,990
Well, the simple fact is, is it's

1082
00:49:37,500 --> 00:49:40,350
generally in sync with what the higher

1083
00:49:40,350 --> 00:49:43,140
timeframe market charts are telling us.

1084
00:49:43,500 --> 00:49:46,650
And also with the current market

1085
00:49:46,650 --> 00:49:47,850
environment, in other words, there's a

1086
00:49:47,850 --> 00:49:50,220
risk on risk off is it moving in in the

1087
00:49:50,220 --> 00:49:51,420
general tide of what the higher

1088
00:49:51,420 --> 00:49:52,920
timeframe markets are doing because

1089
00:49:52,920 --> 00:49:54,720
again, we understand that these large

1090
00:49:54,750 --> 00:49:58,260
animal, predator and these elephants, if

1091
00:49:58,260 --> 00:49:59,520
you will, when they enter the

1092
00:49:59,520 --> 00:50:02,610
marketplace They're going to push price

1093
00:50:02,610 --> 00:50:03,930
around. And again, think of that

1094
00:50:03,930 --> 00:50:07,560
analogy, the, the price of the asset

1095
00:50:07,560 --> 00:50:08,550
class and we're going to stick with

1096
00:50:08,550 --> 00:50:11,970
forex. In this example. Assuming For

1097
00:50:12,120 --> 00:50:14,640
this example, we're looking at the fiber

1098
00:50:15,120 --> 00:50:19,140
or your USD pair for the market rally,

1099
00:50:19,410 --> 00:50:21,810
as we see here in the early part of

1100
00:50:21,810 --> 00:50:23,580
July, up

1101
00:50:24,840 --> 00:50:27,360
to this point here, okay, that's not

1102
00:50:27,360 --> 00:50:29,940
coming by way of retail traders. Okay.

1103
00:50:29,940 --> 00:50:31,530
Now, that does not mean that retail

1104
00:50:31,530 --> 00:50:33,270
traders cannot be a part of this move.

1105
00:50:33,570 --> 00:50:35,010
Okay, but the catalyst was certainly

1106
00:50:35,010 --> 00:50:38,820
not, you know, originated by the retail

1107
00:50:38,820 --> 00:50:42,420
universe. Okay, that was clearly the

1108
00:50:42,420 --> 00:50:44,730
large dominant players in the

1109
00:50:44,730 --> 00:50:49,350
marketplace. But there are certain clues

1110
00:50:49,350 --> 00:50:52,950
that are left in the chart. That's very

1111
00:50:52,950 --> 00:50:53,970
clear if you understand what you're

1112
00:50:53,970 --> 00:50:56,880
looking for, and how you can use those

1113
00:50:56,880 --> 00:51:00,750
moving forward. If we under Standard our

1114
00:51:00,750 --> 00:51:03,270
trading is in sync with that mindset.

1115
00:51:03,600 --> 00:51:07,080
That's what causes us to qualify or

1116
00:51:07,080 --> 00:51:10,320
quantify the trade as high probability.

1117
00:51:10,500 --> 00:51:12,600
Why is it high probability is because

1118
00:51:12,630 --> 00:51:14,910
it's moving in the journal tied, that's

1119
00:51:14,910 --> 00:51:17,310
been established by the larger dominant

1120
00:51:17,370 --> 00:51:20,640
institutional trading. So if we are in

1121
00:51:20,640 --> 00:51:22,380
sync with that tide, or if we're in sync

1122
00:51:22,380 --> 00:51:24,780
with that market momentum, okay, we are

1123
00:51:24,780 --> 00:51:27,330
not trying to be contrarian in regards

1124
00:51:27,330 --> 00:51:30,300
to fighting the strong arm Smart Money

1125
00:51:30,300 --> 00:51:32,160
traders, okay? They're going to take the

1126
00:51:32,160 --> 00:51:33,780
market where they wanted to go

1127
00:51:33,780 --> 00:51:35,460
regardless of how many indicators you

1128
00:51:35,460 --> 00:51:37,590
have on your chart, whether it be your,

1129
00:51:37,950 --> 00:51:41,070
you know, your electronic little trading

1130
00:51:41,070 --> 00:51:42,780
programs that you created and typed up

1131
00:51:42,780 --> 00:51:44,190
and maybe you bought it on the internet

1132
00:51:44,190 --> 00:51:45,210
and it's made a lot of money in the

1133
00:51:45,210 --> 00:51:47,910
past. Those absolutely are worthless

1134
00:51:48,000 --> 00:51:49,710
unless they're in sync with what the

1135
00:51:50,010 --> 00:51:51,660
large institutional traders are doing.

1136
00:51:51,750 --> 00:51:54,600
Okay. And the only way you understand

1137
00:51:54,600 --> 00:51:56,250
what they're doing is by price action,

1138
00:51:57,060 --> 00:51:59,850
and leading indicators such as working

1139
00:51:59,850 --> 00:52:02,010
with Discuss in these next two sections.

1140
00:52:02,430 --> 00:52:05,070
And I promise you, you're going to jump

1141
00:52:05,100 --> 00:52:08,400
about 20 light years ahead in terms of

1142
00:52:08,400 --> 00:52:10,110
what your understanding in price action

1143
00:52:10,410 --> 00:52:12,030
and prognostication in terms of

1144
00:52:12,030 --> 00:52:13,560
technical analysis, okay, that's a

1145
00:52:13,560 --> 00:52:17,940
promise a guaranteed okay? So now, let's

1146
00:52:17,940 --> 00:52:20,910
take a look at the ICT no brainer,

1147
00:52:21,000 --> 00:52:23,730
directional bias concepts. Okay? And I

1148
00:52:23,730 --> 00:52:25,590
say that with tongue in cheek because

1149
00:52:26,040 --> 00:52:28,590
I've been asked so many times about

1150
00:52:28,950 --> 00:52:32,460
directional bias and, you know, how, how

1151
00:52:32,460 --> 00:52:34,920
do I get it right more times than wrong

1152
00:52:34,980 --> 00:52:36,300
in terms of where the direction of the

1153
00:52:36,300 --> 00:52:38,130
market is going to go, either be short

1154
00:52:38,130 --> 00:52:39,780
term, intermediate term or even long

1155
00:52:39,780 --> 00:52:42,000
term. And it's simply a matter of

1156
00:52:42,000 --> 00:52:44,670
understanding higher level charts

1157
00:52:44,700 --> 00:52:47,820
support resistance, price action, and

1158
00:52:47,850 --> 00:52:50,040
the overall tendency that the market

1159
00:52:50,040 --> 00:52:52,170
will continue to move in one direction

1160
00:52:52,170 --> 00:52:54,660
or another, until something of equal or

1161
00:52:54,660 --> 00:53:01,470
greater that may cause a break Shift the

1162
00:53:01,470 --> 00:53:04,860
title in the higher level charts. So if

1163
00:53:04,860 --> 00:53:07,020
you have that understanding, every

1164
00:53:07,020 --> 00:53:09,360
little minor move on an intraday charts,

1165
00:53:09,390 --> 00:53:12,480
okay, are meaningless in regards to the

1166
00:53:12,480 --> 00:53:14,820
higher time frame unless you understand

1167
00:53:14,820 --> 00:53:16,260
how to apply them and what do I mean by

1168
00:53:16,260 --> 00:53:20,040
that? We'll use this rally from here in

1169
00:53:20,040 --> 00:53:22,710
July. Okay, from the lows made here in

1170
00:53:22,710 --> 00:53:24,960
the fiber. Again, Euro USD is the daily

1171
00:53:24,960 --> 00:53:27,540
chart as the market moves from this

1172
00:53:27,540 --> 00:53:29,760
point here, okay, and we're just gonna

1173
00:53:30,480 --> 00:53:33,030
quickly identify the, the ranges here.

1174
00:53:33,510 --> 00:53:36,120
Okay, this point here, and I'm just

1175
00:53:36,120 --> 00:53:37,740
roughly just dropping in doesn't have to

1176
00:53:37,740 --> 00:53:39,600
be the exact we're just talking about a

1177
00:53:39,600 --> 00:53:42,180
specific move in price. Okay, from

1178
00:53:42,180 --> 00:53:45,570
around the 127 57, low to 134 50 level.

1179
00:53:45,810 --> 00:53:48,270
Okay, that's a pretty significant means

1180
00:53:48,270 --> 00:53:50,640
of movement between one point to

1181
00:53:50,640 --> 00:53:53,190
another. Now in terms of pips, we're

1182
00:53:53,190 --> 00:53:57,480
talking approximately almost 700 pips

1183
00:53:57,510 --> 00:54:00,600
rally from there. Okay. And We were

1184
00:54:00,600 --> 00:54:02,940
talking about the cable on fiber making

1185
00:54:02,940 --> 00:54:05,790
a low back in here, both this point and

1186
00:54:05,790 --> 00:54:08,910
this point here. So this is no surprise

1187
00:54:08,910 --> 00:54:12,000
to us in terms of ICT concepts. If you

1188
00:54:12,000 --> 00:54:14,190
go back on on YouTube, I actually talked

1189
00:54:14,190 --> 00:54:15,780
about the cable acts and making the very

1190
00:54:15,780 --> 00:54:20,340
low well in advance based around some of

1191
00:54:20,340 --> 00:54:21,390
the principles we're going to talk about

1192
00:54:21,390 --> 00:54:23,160
here. And also I'm going to build upon

1193
00:54:23,190 --> 00:54:25,290
what's already been released in my

1194
00:54:25,320 --> 00:54:30,000
previous works. So now, if we understand

1195
00:54:30,000 --> 00:54:34,230
this has been established, okay, this

1196
00:54:34,230 --> 00:54:35,550
price moves been established by the

1197
00:54:35,550 --> 00:54:37,650
large institutional Smart Money traders,

1198
00:54:37,650 --> 00:54:39,900
okay, those that have huge blocks of

1199
00:54:39,900 --> 00:54:41,730
trading, that will push the market all

1200
00:54:41,730 --> 00:54:44,550
over the place. It does not mean that

1201
00:54:44,550 --> 00:54:46,080
there's not short term selling

1202
00:54:46,080 --> 00:54:47,790
opportunities in here. Okay, I'm not,

1203
00:54:47,880 --> 00:54:50,160
I'm not negating the effectiveness of

1204
00:54:50,160 --> 00:54:52,740
short term or day trading contrarian to

1205
00:54:52,740 --> 00:54:54,270
the larger time frame. I'm not saying

1206
00:54:54,270 --> 00:54:56,700
that, but this series is really designed

1207
00:54:56,700 --> 00:55:00,000
to get you focused in on only two

1208
00:55:00,000 --> 00:55:03,150
Reading with this tide. Okay? And when

1209
00:55:03,150 --> 00:55:05,940
you start trading with that it's same

1210
00:55:05,940 --> 00:55:08,250
thing here from this high to this low.

1211
00:55:08,460 --> 00:55:09,960
If you were looking for just shorts in

1212
00:55:09,960 --> 00:55:12,450
that environment, your trades number one

1213
00:55:12,480 --> 00:55:15,690
are going to be, quote unquote high

1214
00:55:15,690 --> 00:55:17,370
probability because you're trading in

1215
00:55:17,370 --> 00:55:19,650
sync with the higher timeframe. macro

1216
00:55:19,650 --> 00:55:21,360
perspective, okay, because we're looking

1217
00:55:21,360 --> 00:55:24,360
at a daily chart and this flow,

1218
00:55:25,050 --> 00:55:27,870
okay of orders moving lower. Okay, it's

1219
00:55:27,870 --> 00:55:30,660
going to drive pricing lower, even

1220
00:55:30,660 --> 00:55:31,740
though you'll see these minor little

1221
00:55:31,740 --> 00:55:34,500
blips going higher intraday, okay, those

1222
00:55:34,500 --> 00:55:36,840
are rallies that you sell into much in

1223
00:55:36,840 --> 00:55:39,450
the same capacity on the flip side of

1224
00:55:39,450 --> 00:55:42,060
that, all during this point here, any

1225
00:55:42,060 --> 00:55:45,270
decline just sets up a retracement in a

1226
00:55:45,330 --> 00:55:46,560
up move. Okay, so you're going to be

1227
00:55:46,560 --> 00:55:51,390
trading retracements lower into a

1228
00:55:52,020 --> 00:55:53,580
upswing in price because you're

1229
00:55:53,580 --> 00:55:56,460
basically buying dips and rally and

1230
00:55:56,460 --> 00:55:59,040
you're selling rallies in a decline.

1231
00:55:59,220 --> 00:56:01,680
Okay, so As the markets moving lower,

1232
00:56:01,980 --> 00:56:03,990
you're going to be looking for rallies

1233
00:56:03,990 --> 00:56:07,080
to sell into that flies in the face of

1234
00:56:07,080 --> 00:56:09,420
what generally neophyte traders

1235
00:56:09,570 --> 00:56:12,390
anticipate or expect to do rather, okay

1236
00:56:12,390 --> 00:56:14,280
or react to okay, because generally,

1237
00:56:15,090 --> 00:56:18,690
retail neophytes don't have skills to

1238
00:56:18,690 --> 00:56:21,090
anticipate they simply react, you know,

1239
00:56:21,120 --> 00:56:23,490
an economic report come out, you know,

1240
00:56:23,490 --> 00:56:25,260
five minutes ago that they had no idea

1241
00:56:25,260 --> 00:56:26,160
was coming because they never pay

1242
00:56:26,160 --> 00:56:27,480
attention to the economic calendar,

1243
00:56:27,570 --> 00:56:29,910
something that a seasoned professional

1244
00:56:29,940 --> 00:56:32,190
will always consult prior to the week

1245
00:56:32,190 --> 00:56:35,160
beginning. In fact, I know what's coming

1246
00:56:35,460 --> 00:56:37,200
up for the entire month and I have

1247
00:56:37,230 --> 00:56:39,180
certain dates that I circle where

1248
00:56:39,180 --> 00:56:40,620
there's going to be high probability

1249
00:56:40,620 --> 00:56:43,770
volatility, okay because I view market

1250
00:56:43,980 --> 00:56:46,680
economic indicators and reports that

1251
00:56:46,680 --> 00:56:49,770
come out you you methodically out

1252
00:56:49,800 --> 00:56:52,440
throughout the entire month. These

1253
00:56:52,470 --> 00:56:54,810
reports, okay, are injections of

1254
00:56:54,810 --> 00:56:57,240
volatility and I look for them to set up

1255
00:56:57,240 --> 00:56:59,700
or can confirm a continuation of an

1256
00:56:59,700 --> 00:57:01,680
exist Move on may either be a part of or

1257
00:57:01,680 --> 00:57:03,180
looking to be a part of. So I'm

1258
00:57:03,180 --> 00:57:05,850
anticipating versus with the neophyte

1259
00:57:05,850 --> 00:57:09,120
traders Do you know and majority of the

1260
00:57:09,120 --> 00:57:11,460
folks that populate these online forums

1261
00:57:11,460 --> 00:57:14,640
that, you know, where they appear as if

1262
00:57:14,640 --> 00:57:16,530
they may be convincing other people that

1263
00:57:16,530 --> 00:57:17,880
they're smart or, or they're

1264
00:57:17,880 --> 00:57:19,980
intelligent, or they have a service

1265
00:57:19,980 --> 00:57:21,870
that's, you know, useful. So therefore,

1266
00:57:21,870 --> 00:57:23,640
I'm going to sell for $25 a month or

1267
00:57:23,790 --> 00:57:26,310
$120 a month or whatever, okay, those

1268
00:57:26,310 --> 00:57:30,360
individuals, okay, they are nowhere near

1269
00:57:30,360 --> 00:57:33,180
the degree of trader that you are

1270
00:57:33,180 --> 00:57:35,220
looking for, you want to go beyond that,

1271
00:57:35,280 --> 00:57:37,740
okay. And to get into the realm of what

1272
00:57:37,740 --> 00:57:39,540
we considered an underground traders

1273
00:57:39,540 --> 00:57:41,880
like myself, or folks that are just

1274
00:57:41,880 --> 00:57:44,160
really out there killing it. And they

1275
00:57:44,160 --> 00:57:46,050
don't, we don't really care, who

1276
00:57:46,050 --> 00:57:47,580
believes what we're making. We don't we

1277
00:57:47,580 --> 00:57:49,920
don't care about that. You want to get

1278
00:57:49,920 --> 00:57:52,080
to that same mindset as well. Okay, and

1279
00:57:52,080 --> 00:57:53,070
the concepts that we're going to be

1280
00:57:53,070 --> 00:57:55,590
learning in this, this particular video

1281
00:57:55,590 --> 00:57:59,880
itself is going to be hugely impactful

1282
00:58:00,000 --> 00:58:02,580
Your trading if you apply it correctly,

1283
00:58:02,880 --> 00:58:05,160
and it's very, very simple procedures,

1284
00:58:05,280 --> 00:58:08,460
so I'm pretty confident that it won't be

1285
00:58:08,460 --> 00:58:12,600
taken out of the intended context of how

1286
00:58:12,600 --> 00:58:14,550
to apply it, because it's rather simple.

1287
00:58:15,180 --> 00:58:19,410
But my advice to you is trying not to

1288
00:58:19,410 --> 00:58:22,860
build on this and add more things to it

1289
00:58:22,860 --> 00:58:24,210
because we're going to be talking about

1290
00:58:24,210 --> 00:58:26,550
candlestick patterns. Okay, but there's

1291
00:58:26,550 --> 00:58:28,530
not a whole slew of them like you see,

1292
00:58:28,740 --> 00:58:30,720
if you pick up, you know, a candlestick

1293
00:58:30,720 --> 00:58:33,540
charting book, you know, man, I have so

1294
00:58:33,540 --> 00:58:35,640
many candlestick patterns, how do you?

1295
00:58:36,300 --> 00:58:38,490
How do you arrive at what what to use?

1296
00:58:38,550 --> 00:58:40,830
Okay, and it's just, it's just too much.

1297
00:58:40,890 --> 00:58:44,670
Okay, it's information overload. Prior

1298
00:58:44,670 --> 00:58:47,040
to this video series, I presented a

1299
00:58:47,040 --> 00:58:51,240
whole plethora of general market insight

1300
00:58:51,690 --> 00:58:55,020
because it was meant to get you focused

1301
00:58:55,020 --> 00:58:58,290
in on what specifically is useful when

1302
00:58:58,290 --> 00:59:00,540
you're digesting price as Moving

1303
00:59:00,540 --> 00:59:03,000
intraday daily weekly, you want to be

1304
00:59:03,000 --> 00:59:05,550
seeing certain things and till you

1305
00:59:05,550 --> 00:59:09,690
identify the the, the repeating

1306
00:59:09,690 --> 00:59:11,880
reoccurrence of certain phenomenon that

1307
00:59:11,880 --> 00:59:14,910
takes place in price. You can't get

1308
00:59:14,910 --> 00:59:17,370
deeper into price action study, okay?

1309
00:59:17,460 --> 00:59:20,250
Imagine how many of you can speak

1310
00:59:20,250 --> 00:59:23,850
Russian? I can't. So for me to learn it,

1311
00:59:23,850 --> 00:59:25,770
I got to go through this long daunting

1312
00:59:25,770 --> 00:59:28,470
task of understanding how to use simple

1313
00:59:28,470 --> 00:59:31,170
terms. And, you know, maybe you're in

1314
00:59:31,170 --> 00:59:33,240
some mannerisms, to commute to

1315
00:59:33,420 --> 00:59:35,940
communicate that, that language in the

1316
00:59:35,940 --> 00:59:38,490
initial stages, it's almost like, you

1317
00:59:38,490 --> 00:59:40,290
know, when we were in kindergarten as an

1318
00:59:40,290 --> 00:59:41,610
American, you know, when we learn

1319
00:59:41,610 --> 00:59:43,290
English, we start with these picture

1320
00:59:43,290 --> 00:59:45,660
forms. This is an apple, you start with

1321
00:59:45,660 --> 00:59:46,830
a very, very,

1322
00:59:47,670 --> 00:59:48,420
you know,

1323
00:59:49,679 --> 00:59:52,769
limited scope in terms of understanding

1324
00:59:52,769 --> 00:59:56,729
and you build upon that. Well, the the

1325
00:59:56,729 --> 00:59:59,279
original onset of my information being

1326
00:59:59,279 --> 01:00:01,889
released It went over a lot of people's

1327
01:00:01,889 --> 01:00:03,629
heads because they were looking for the

1328
01:00:03,659 --> 01:00:05,699
get me and get me out. And I need to do

1329
01:00:05,699 --> 01:00:07,859
this every single day. And they didn't

1330
01:00:07,859 --> 01:00:10,499
want to take the learning approach to

1331
01:00:10,499 --> 01:00:13,409
understanding the market completely.

1332
01:00:13,709 --> 01:00:15,449
Okay? There's got to be a macro

1333
01:00:15,449 --> 01:00:17,339
perspective in your understanding.

1334
01:00:17,759 --> 01:00:19,289
Otherwise, the things that we're going

1335
01:00:19,289 --> 01:00:21,419
to be discussing here, okay, you're

1336
01:00:21,419 --> 01:00:24,809
going to know if you got a full grasp on

1337
01:00:24,809 --> 01:00:26,159
the general principles that I've

1338
01:00:26,159 --> 01:00:28,229
released. Because if this goes over your

1339
01:00:28,229 --> 01:00:31,139
head, you had no idea what you missed,

1340
01:00:31,349 --> 01:00:32,789
go back over all the previous

1341
01:00:32,789 --> 01:00:34,289
information I released on the internet,

1342
01:00:34,589 --> 01:00:35,579
okay, and then you'll be able to

1343
01:00:35,579 --> 01:00:36,899
understand what I'm about to share here,

1344
01:00:37,109 --> 01:00:38,729
because it's simply not looking for a

1345
01:00:38,729 --> 01:00:41,009
particular white or black candle, and

1346
01:00:41,009 --> 01:00:42,119
therefore, it's going to do this every

1347
01:00:42,119 --> 01:00:44,069
time it does. Don't Don't think that

1348
01:00:44,099 --> 01:00:45,839
okay, but if you understand the

1349
01:00:45,839 --> 01:00:47,519
parameters that we're going to cover,

1350
01:00:47,939 --> 01:00:50,849
and why it's designed to do what we're

1351
01:00:50,849 --> 01:00:53,759
anticipating, you'll, you'll see that

1352
01:00:53,759 --> 01:00:55,679
it's not surprised you you'll know going

1353
01:00:55,679 --> 01:00:58,079
into every week of the month that you

1354
01:00:58,109 --> 01:00:59,819
know exactly specifically what you're

1355
01:00:59,819 --> 01:01:01,589
looking For, you know what days of the

1356
01:01:01,589 --> 01:01:02,729
week you're going to be looking for, you

1357
01:01:02,729 --> 01:01:04,229
know what time of that day you're

1358
01:01:04,229 --> 01:01:06,209
looking for it to occur. Now, does that

1359
01:01:06,209 --> 01:01:07,649
sound like someone that's rolling the

1360
01:01:07,649 --> 01:01:09,779
dice? Does that sound like somebody that

1361
01:01:09,779 --> 01:01:11,009
really doesn't know what they're doing?

1362
01:01:11,369 --> 01:01:14,759
Okay? The skills that you're going to

1363
01:01:14,759 --> 01:01:18,719
learn, okay? are going to give you the

1364
01:01:18,719 --> 01:01:21,539
ability to remove all of the emotions

1365
01:01:21,539 --> 01:01:24,239
that's always plagued you. Okay? And I

1366
01:01:24,239 --> 01:01:25,319
know some of you you're beating your,

1367
01:01:25,409 --> 01:01:28,109
your fist on the on the couch probably

1368
01:01:28,109 --> 01:01:29,519
or your computer desk at work, whatever,

1369
01:01:29,729 --> 01:01:31,709
come on, ICT get to it's a whole lot of

1370
01:01:31,709 --> 01:01:33,869
ramble here. Okay. But I really want you

1371
01:01:33,869 --> 01:01:37,949
to understand that it's, it's important,

1372
01:01:37,949 --> 01:01:40,199
it's crucial that you understand that

1373
01:01:40,229 --> 01:01:47,759
this is not needed to be rocket science.

1374
01:01:47,849 --> 01:01:50,669
Okay? If there's a lot of tools that

1375
01:01:50,669 --> 01:01:53,309
I've shared, I've tweaked it, other

1376
01:01:53,309 --> 01:01:55,559
people have created, I had my own little

1377
01:01:55,559 --> 01:01:58,799
spin on it. But some of these things

1378
01:01:58,799 --> 01:02:00,779
that are just simply They're that are

1379
01:02:00,779 --> 01:02:03,959
very, very generic. Okay? They elude all

1380
01:02:03,959 --> 01:02:05,909
this. And when I first started looking

1381
01:02:05,909 --> 01:02:08,459
at charts, it eluded me as well, okay?

1382
01:02:08,819 --> 01:02:10,919
But I'm going to strip all this stuff

1383
01:02:10,919 --> 01:02:12,659
back and open the curtain if you will,

1384
01:02:12,719 --> 01:02:14,189
okay? And you're going to look through

1385
01:02:14,189 --> 01:02:17,339
the, the eyes of ICT and you're going to

1386
01:02:17,339 --> 01:02:21,509
have ICT vision. Okay, starting now, I'm

1387
01:02:21,509 --> 01:02:22,769
going to give you the perspective that

1388
01:02:22,769 --> 01:02:24,149
you need as a professional trader,

1389
01:02:24,299 --> 01:02:25,439
you're going to give you the perspective

1390
01:02:25,469 --> 01:02:27,959
that you need to see price through the

1391
01:02:27,959 --> 01:02:30,569
lens of a price action trader. This is

1392
01:02:30,569 --> 01:02:32,669
what you want to be looking at and what

1393
01:02:32,669 --> 01:02:34,109
you're hunting and what you're stalking

1394
01:02:34,109 --> 01:02:36,659
and why you're doing it. Okay. So let's

1395
01:02:36,659 --> 01:02:40,949
go and start working on the directional

1396
01:02:40,979 --> 01:02:47,099
bias concepts. And hopefully, you guys

1397
01:02:47,099 --> 01:02:48,779
are all frothing at the mouth ready to

1398
01:02:49,589 --> 01:02:52,019
devour what is going to be shared here.

1399
01:02:52,469 --> 01:02:54,689
Now there's going to be a very similar

1400
01:02:55,169 --> 01:02:58,829
apparents to a few of these concepts

1401
01:02:58,829 --> 01:03:02,279
because I've released Some videos in the

1402
01:03:02,279 --> 01:03:05,279
past where they discovered, you know, by

1403
01:03:05,279 --> 01:03:07,889
simply applying a moving average or to

1404
01:03:08,189 --> 01:03:09,869
it gives me a perspective to stay with a

1405
01:03:09,869 --> 01:03:12,989
momentum idea. Okay. And that's

1406
01:03:12,989 --> 01:03:14,309
generally how the funds and

1407
01:03:14,309 --> 01:03:16,649
institutional traders, you know, keep

1408
01:03:16,649 --> 01:03:19,139
the momentum going. And it keeps you

1409
01:03:19,139 --> 01:03:21,479
from trying to pick a top and pick a

1410
01:03:21,479 --> 01:03:23,039
bottom when there's really no need for

1411
01:03:23,039 --> 01:03:26,609
you to be doing that yet. Okay? What you

1412
01:03:26,609 --> 01:03:28,199
want to do is you want to start with

1413
01:03:28,199 --> 01:03:30,659
your daily chart, okay? Again, this is

1414
01:03:30,659 --> 01:03:34,169
an intermediate term trading strategy,

1415
01:03:34,199 --> 01:03:36,119
where it really is focusing on one

1416
01:03:36,149 --> 01:03:39,149
really strong setup per week. And again,

1417
01:03:39,149 --> 01:03:41,099
if you're a new trader, that's my advice

1418
01:03:41,099 --> 01:03:42,689
is to start there with your demo account

1419
01:03:42,689 --> 01:03:44,249
trading. Don't try to be in there every

1420
01:03:44,249 --> 01:03:46,589
single day trading, but still study on

1421
01:03:46,589 --> 01:03:48,989
an intraday basis daily after the fact.

1422
01:03:49,169 --> 01:03:51,299
So you can get an idea what price action

1423
01:03:51,299 --> 01:03:55,499
is doing generally, but your your daily

1424
01:03:55,499 --> 01:03:57,599
chart is your higher timeframe. Okay,

1425
01:03:57,599 --> 01:03:58,859
and again, we're not negating the

1426
01:03:58,859 --> 01:04:00,629
importance of MONTH Weekly support

1427
01:04:00,629 --> 01:04:02,159
resistance, but we're just going to be

1428
01:04:02,159 --> 01:04:04,379
going to the daily chart as our go to

1429
01:04:04,379 --> 01:04:06,809
high end, higher timeframe chart, okay,

1430
01:04:06,809 --> 01:04:09,329
and go over the videos previous to this

1431
01:04:09,329 --> 01:04:11,789
one, where it discloses what timeframe

1432
01:04:11,789 --> 01:04:13,679
charts you would use for a particular

1433
01:04:13,679 --> 01:04:15,719
type of trading that you may be

1434
01:04:15,719 --> 01:04:19,049
comfortable with. Alright, so again,

1435
01:04:19,049 --> 01:04:20,039
with the daily chart, what you're going

1436
01:04:20,039 --> 01:04:22,049
to do is again, using mt four platform,

1437
01:04:22,049 --> 01:04:25,019
you go up to insert, go to indicators,

1438
01:04:25,379 --> 01:04:26,639
you're going to go down the trend,

1439
01:04:27,389 --> 01:04:31,259
you're gonna go to moving average. And

1440
01:04:31,259 --> 01:04:34,589
you're gonna be using the 18, period,

1441
01:04:34,769 --> 01:04:36,659
moving average, and it doesn't matter

1442
01:04:36,659 --> 01:04:37,829
really what colors you use, we're just

1443
01:04:37,829 --> 01:04:39,839
gonna go with this. And then you're

1444
01:04:39,839 --> 01:04:42,299
going to go and add another moving

1445
01:04:42,299 --> 01:04:48,269
average. Okay, and make sure it's

1446
01:04:48,299 --> 01:04:50,909
exponential. It's just to me, it just

1447
01:04:50,909 --> 01:04:51,239
gives you a

1448
01:04:51,240 --> 01:04:55,230
better smoothing factor in terms of

1449
01:04:56,460 --> 01:04:57,990
moving average and the next period,

1450
01:04:57,990 --> 01:05:00,930
you're going to be using a nine You want

1451
01:05:00,930 --> 01:05:02,160
to have this color a little bit

1452
01:05:02,160 --> 01:05:03,210
different, so we're just going to go

1453
01:05:03,210 --> 01:05:07,920
with red. Okay, and again, the colors

1454
01:05:07,950 --> 01:05:09,810
are not important, it's just you want to

1455
01:05:09,810 --> 01:05:12,570
know for instance, the red one here, the

1456
01:05:12,570 --> 01:05:14,550
nine, you want to know what that that

1457
01:05:14,550 --> 01:05:17,850
color is in contrast to the slower 18

1458
01:05:17,850 --> 01:05:20,310
period exponential moving average, okay?

1459
01:05:21,600 --> 01:05:23,370
Now, the importance of having a moving

1460
01:05:23,370 --> 01:05:26,790
average set like this, it would it gives

1461
01:05:26,790 --> 01:05:28,740
you is it gives you insight in terms of

1462
01:05:28,980 --> 01:05:31,500
where the institutional flow is. Okay?

1463
01:05:31,770 --> 01:05:34,230
If you can't see the price swings for

1464
01:05:34,230 --> 01:05:37,320
what they are naked, this will give you

1465
01:05:38,130 --> 01:05:40,890
the again quote unquote no brainer. Now

1466
01:05:40,890 --> 01:05:42,840
again, it's not to promise that you're

1467
01:05:42,840 --> 01:05:44,280
never going to have a losing trade.

1468
01:05:44,730 --> 01:05:46,650
That's not I am promised that no one

1469
01:05:46,650 --> 01:05:49,140
ever can. But what I'm giving you here,

1470
01:05:49,230 --> 01:05:54,300
you will not miss the two to four really

1471
01:05:54,300 --> 01:05:57,990
handsome setups per month. Okay, and if

1472
01:05:57,990 --> 01:05:59,760
you just do the simple math on it, it

1473
01:05:59,760 --> 01:06:01,320
works out To be about a one shot, one

1474
01:06:01,320 --> 01:06:06,030
kill per week. That's all you need to

1475
01:06:06,030 --> 01:06:08,550
make a career, and I'm talking a wildly

1476
01:06:08,550 --> 01:06:11,610
successful trading career. And I know

1477
01:06:11,610 --> 01:06:12,990
that flies in the face of what you're

1478
01:06:12,990 --> 01:06:15,240
expecting or what you currently

1479
01:06:15,240 --> 01:06:17,790
understand, but I'm promising you, if

1480
01:06:17,790 --> 01:06:20,400
someone consistently draws 50 pips every

1481
01:06:20,400 --> 01:06:22,020
single week out of the marketplace, if

1482
01:06:22,020 --> 01:06:24,090
you know how to do that, and you can

1483
01:06:24,090 --> 01:06:25,830
control your equity and know how to

1484
01:06:25,830 --> 01:06:29,190
apply it, you know, systematically, you

1485
01:06:29,190 --> 01:06:31,680
have absolutely no idea where that can

1486
01:06:31,680 --> 01:06:33,840
take you. And it's crazy amount of

1487
01:06:33,840 --> 01:06:36,270
money, crazy, crazy, insane amount of

1488
01:06:36,270 --> 01:06:39,240
money, if you understand how to do that.

1489
01:06:39,750 --> 01:06:42,510
But the problem is, you made him You

1490
01:06:42,510 --> 01:06:44,910
made a simple trade last week or

1491
01:06:44,940 --> 01:06:47,310
yesterday and you love that feeling,

1492
01:06:47,340 --> 01:06:49,440
okay? You get addicted that to that

1493
01:06:49,440 --> 01:06:51,450
moment of astonishment. Okay, so you

1494
01:06:51,450 --> 01:06:52,590
want to go back in there and do it

1495
01:06:52,590 --> 01:06:53,880
again. Because you'd like that feeling

1496
01:06:53,880 --> 01:06:56,490
you need your fix. That was the hardest

1497
01:06:56,490 --> 01:06:58,530
thing for me to overcome. And I'm

1498
01:06:58,530 --> 01:06:59,700
promising you that's going to be the

1499
01:06:59,700 --> 01:07:00,660
hardest thing that you're gonna have to

1500
01:07:00,660 --> 01:07:03,870
deal with. Because, you know, when we

1501
01:07:03,870 --> 01:07:06,000
first get involved we can, we can expect

1502
01:07:06,000 --> 01:07:07,710
to lose money, okay? And for whatever

1503
01:07:07,710 --> 01:07:09,480
reason we like to block the losers out

1504
01:07:09,510 --> 01:07:11,700
and only focus on winners, but you need

1505
01:07:11,700 --> 01:07:13,740
to be able to look at them, you know the

1506
01:07:13,740 --> 01:07:15,840
same way their trades and you need to

1507
01:07:15,840 --> 01:07:17,640
learn from them. But more importantly

1508
01:07:17,640 --> 01:07:19,890
when you make money, okay, you need to

1509
01:07:19,890 --> 01:07:21,930
act slow when you're trying to make

1510
01:07:21,930 --> 01:07:24,360
money, and then act fast.

1511
01:07:24,659 --> 01:07:26,789
Okay, or react fast is the only time you

1512
01:07:26,789 --> 01:07:28,079
get permission from ICT to be a

1513
01:07:28,079 --> 01:07:31,019
reactionary trader. you react quickly to

1514
01:07:31,019 --> 01:07:33,389
preserve or protect your equity or

1515
01:07:33,389 --> 01:07:37,439
capital. You move slowly to attempt to

1516
01:07:37,439 --> 01:07:40,709
make money, okay? fools rush in. Where

1517
01:07:40,709 --> 01:07:44,189
wise man tread softly and slowly Okay,

1518
01:07:44,489 --> 01:07:46,259
we don't plunge in there trying to just

1519
01:07:46,259 --> 01:07:48,209
go in and try to make the next dollar. I

1520
01:07:48,209 --> 01:07:50,279
want to know what I have is lined up

1521
01:07:50,309 --> 01:07:52,139
with the higher timeframes. There's this

1522
01:07:52,139 --> 01:07:54,179
nice support resistance level, momentum

1523
01:07:54,179 --> 01:07:55,649
is moving higher order flows moving

1524
01:07:55,649 --> 01:07:57,689
higher, then I'll be looking for a long

1525
01:07:57,779 --> 01:08:00,299
okay in a kill zone based on the into

1526
01:08:00,299 --> 01:08:02,339
retracements back in an existing price

1527
01:08:02,339 --> 01:08:03,599
swing, and we're going to talk about

1528
01:08:03,599 --> 01:08:05,669
that as we go along. But for now, the

1529
01:08:05,669 --> 01:08:07,559
building block starts with having the

1530
01:08:07,559 --> 01:08:09,359
two moving averages right here. Okay?

1531
01:08:10,349 --> 01:08:13,709
When the nine period moving average is

1532
01:08:13,709 --> 01:08:17,339
below the 18, what that establishes,

1533
01:08:17,579 --> 01:08:20,279
that's your framework for

1534
01:08:25,890 --> 01:08:29,640
when the nine period or in this case red

1535
01:08:30,120 --> 01:08:32,550
moving average is below the blue 18.

1536
01:08:32,550 --> 01:08:36,330
Period, okay, that establishes a bearish

1537
01:08:37,290 --> 01:08:39,390
framework, okay, in other words, or I

1538
01:08:39,390 --> 01:08:42,300
like to call a cell model, okay, our

1539
01:08:42,300 --> 01:08:45,360
cell program rather. What that does is

1540
01:08:45,360 --> 01:08:47,520
it gives you the green light go to look

1541
01:08:47,520 --> 01:08:50,610
for selling opportunities to be a bear.

1542
01:08:50,970 --> 01:08:52,350
Okay, are you going to be selling into

1543
01:08:52,350 --> 01:08:56,100
rallies? Okay. And when the nine period

1544
01:08:56,130 --> 01:08:58,410
is above the 18 period, what you're

1545
01:08:58,410 --> 01:09:00,510
looking for is buying out opportunities

1546
01:09:00,540 --> 01:09:03,030
where you want to be buying a dip. Okay

1547
01:09:03,030 --> 01:09:06,060
intraday or over the course of a few

1548
01:09:06,060 --> 01:09:09,090
days. If you're a short term trader, as

1549
01:09:09,090 --> 01:09:11,790
we make a retracement lower, okay, all

1550
01:09:11,790 --> 01:09:14,070
that's doing is it's creating a new buy

1551
01:09:14,070 --> 01:09:17,880
opportunity. Okay? And that's what keeps

1552
01:09:17,880 --> 01:09:19,620
you on the right side of the marketplace

1553
01:09:19,620 --> 01:09:24,630
and you arrive at what was discussed a

1554
01:09:24,630 --> 01:09:26,640
few moments ago what classifies a trade

1555
01:09:26,640 --> 01:09:28,950
as high probability, this is high

1556
01:09:28,950 --> 01:09:30,900
probability. Okay? And what I want to

1557
01:09:30,900 --> 01:09:32,370
draw your attention to and here is,

1558
01:09:32,370 --> 01:09:34,680
again, avoid the notion of having to

1559
01:09:34,680 --> 01:09:36,390
feel like you have to pick the tops in

1560
01:09:36,390 --> 01:09:37,740
the bottoms in the marketplace, okay?

1561
01:09:37,980 --> 01:09:39,930
There's tools that I have that helps you

1562
01:09:39,930 --> 01:09:41,790
do that on a higher timeframe macro

1563
01:09:41,790 --> 01:09:43,620
perspective, but we're looking at more

1564
01:09:43,620 --> 01:09:45,510
dynamic trading. This will allow you to

1565
01:09:45,510 --> 01:09:47,730
get into the trenches, immediately start

1566
01:09:47,730 --> 01:09:49,830
applying the tools, okay, on a weekly

1567
01:09:49,830 --> 01:09:51,330
basis, and then hopefully in your demo

1568
01:09:51,330 --> 01:09:52,590
account, you'll see the fruits of your

1569
01:09:52,590 --> 01:09:55,800
labors. But it also is this I

1570
01:09:55,800 --> 01:09:57,570
specifically chose this timeframe

1571
01:09:57,690 --> 01:10:00,840
because it will it will force you To not

1572
01:10:00,840 --> 01:10:03,300
over trade, which is one of the biggest,

1573
01:10:03,480 --> 01:10:07,080
huge barrier for new traders. Day

1574
01:10:07,080 --> 01:10:09,210
Trading is not everyday trading, okay?

1575
01:10:09,390 --> 01:10:11,010
And I'm not teaching you day trading

1576
01:10:11,010 --> 01:10:14,160
here, I'm teaching you high probability

1577
01:10:14,280 --> 01:10:17,670
one shot one kill, kill them hard, I

1578
01:10:17,670 --> 01:10:20,550
mean, just knock them dead type setups

1579
01:10:20,550 --> 01:10:22,320
where if you just sit back and you wait

1580
01:10:22,320 --> 01:10:23,520
for these types of setups and you're

1581
01:10:23,520 --> 01:10:25,920
demonstrating, you'll see a huge

1582
01:10:25,920 --> 01:10:28,410
increase of your, your confidence, your

1583
01:10:28,410 --> 01:10:30,450
understanding the marketplace, you will

1584
01:10:30,450 --> 01:10:32,910
hone your patience, you may not have

1585
01:10:32,910 --> 01:10:35,640
patience now, but using the concepts in

1586
01:10:35,640 --> 01:10:39,000
this series, you are forced to hone your

1587
01:10:39,000 --> 01:10:41,790
patience. Okay. A lot of folks that I've

1588
01:10:41,790 --> 01:10:43,770
been in contact with over the last few

1589
01:10:43,770 --> 01:10:46,140
years because of my presence on a

1590
01:10:46,140 --> 01:10:49,830
particular market forum. They have

1591
01:10:49,830 --> 01:10:51,600
struggled with patience, they struggle

1592
01:10:51,600 --> 01:10:53,850
with these, these demons if you will,

1593
01:10:54,030 --> 01:10:57,090
internally. So I'm forcing you go back

1594
01:10:57,090 --> 01:10:59,340
to this type of perspective. Okay, and

1595
01:10:59,340 --> 01:11:00,900
number one is going to live Your excess

1596
01:11:01,470 --> 01:11:03,750
trading, it'll take it down a huge

1597
01:11:03,780 --> 01:11:05,130
notch. Okay, because you're only gonna

1598
01:11:05,130 --> 01:11:08,280
be trading at maximum, you know, a few

1599
01:11:08,280 --> 01:11:10,350
times a week, okay, depending upon the

1600
01:11:10,350 --> 01:11:13,140
Killzone and the setup. And you're

1601
01:11:13,140 --> 01:11:15,570
forced to have a much larger perspective

1602
01:11:15,570 --> 01:11:18,660
in terms of your analysis. So really the

1603
01:11:18,660 --> 01:11:21,660
worst case scenario, I think that a

1604
01:11:21,660 --> 01:11:23,790
trader would have would be maybe, you

1605
01:11:23,790 --> 01:11:26,760
know, 12 to 14 trades the entire month.

1606
01:11:27,120 --> 01:11:29,070
And that's still might, in my opinion,

1607
01:11:29,070 --> 01:11:31,560
that's a busy trader. And some of you

1608
01:11:31,560 --> 01:11:33,090
guys get in here and you find 10 minutes

1609
01:11:33,090 --> 01:11:36,120
and you catch them five or six pips and

1610
01:11:36,120 --> 01:11:37,710
that's wonderful. If that's what you do.

1611
01:11:37,980 --> 01:11:39,720
That's wonderful. I just think that's

1612
01:11:39,810 --> 01:11:42,660
crazy, but I used to do it and it

1613
01:11:42,660 --> 01:11:43,890
doesn't pay off the amount of time you

1614
01:11:43,890 --> 01:11:46,170
put in. If you have this perspective,

1615
01:11:46,170 --> 01:11:47,130
you're going to see it blows it out of

1616
01:11:47,130 --> 01:11:49,170
the water. And I'm not spending a whole

1617
01:11:49,170 --> 01:11:50,490
lot of time in front of my computers.

1618
01:11:50,550 --> 01:11:52,170
Okay. And which is what you want to be

1619
01:11:52,170 --> 01:11:53,730
doing to professional traders don't

1620
01:11:54,120 --> 01:11:56,100
don't live in front of monitors. Okay,

1621
01:11:56,130 --> 01:11:58,980
they don't do it. junkies do. Okay,

1622
01:11:58,980 --> 01:12:02,580
action hounds, do And they may do a

1623
01:12:02,580 --> 01:12:05,190
trading for a living, okay, but I'm not

1624
01:12:05,190 --> 01:12:07,380
promising you their own age all the

1625
01:12:07,380 --> 01:12:08,340
time, they're probably

1626
01:12:09,630 --> 01:12:10,260
dumping

1627
01:12:10,710 --> 01:12:12,960
gallons of caffeinated drinks in their

1628
01:12:12,960 --> 01:12:15,540
body, okay? And high sugars and, and

1629
01:12:15,570 --> 01:12:17,130
just their health probably really,

1630
01:12:17,130 --> 01:12:19,440
really stinks in terms of, you're not

1631
01:12:19,440 --> 01:12:21,300
being a part of the real world out away

1632
01:12:21,300 --> 01:12:22,890
from these charts. So this is going to

1633
01:12:22,890 --> 01:12:25,710
give you that ability to do that. So we

1634
01:12:25,710 --> 01:12:27,960
already identified when the parameters

1635
01:12:27,960 --> 01:12:31,350
are in place for a selling framework,

1636
01:12:31,380 --> 01:12:33,900
okay, when the nine is below the 18, and

1637
01:12:33,900 --> 01:12:35,490
then when the nine is above the 18,

1638
01:12:35,730 --> 01:12:37,140
that's the framework to be a buyer.

1639
01:12:37,410 --> 01:12:42,780
Okay? Again, do not, do not worry about

1640
01:12:42,780 --> 01:12:46,350
catching these turning points. Okay.

1641
01:12:46,800 --> 01:12:49,080
Don't worry about that. Because what I'm

1642
01:12:49,080 --> 01:12:51,000
allowing you to do is you're going to

1643
01:12:51,000 --> 01:12:55,650
run into where your trading stops being

1644
01:12:55,650 --> 01:12:58,230
profitable, and you'll have to, number

1645
01:12:58,230 --> 01:13:00,720
one, adjust your equity. You'll To

1646
01:13:00,870 --> 01:13:03,630
calibrate your risk to reward, you'll

1647
01:13:03,630 --> 01:13:06,990
have to calibrate your leverage based on

1648
01:13:06,990 --> 01:13:09,990
your equity decline, okay? Too many

1649
01:13:09,990 --> 01:13:12,420
folks overlook that. Okay, and this is

1650
01:13:12,420 --> 01:13:13,830
going to force you to do those very

1651
01:13:13,830 --> 01:13:16,710
things. Okay? professional traders and

1652
01:13:16,710 --> 01:13:19,710
money managers, we do that always, on a

1653
01:13:19,710 --> 01:13:21,480
daily basis, we're always looking at

1654
01:13:21,510 --> 01:13:23,400
what we're risking what we stand to

1655
01:13:23,400 --> 01:13:25,200
make, and how are we going to remove

1656
01:13:25,200 --> 01:13:28,050
that risk to do zero and then lock in a

1657
01:13:28,050 --> 01:13:30,030
profit. That's where the majority of my

1658
01:13:30,030 --> 01:13:31,710
analysis is, it's not looking at charts

1659
01:13:31,710 --> 01:13:33,330
and waiting for the biases. If I signals

1660
01:13:33,330 --> 01:13:34,530
in the sell signals, that's that's the

1661
01:13:34,530 --> 01:13:38,130
easy stuff. The hard part is knowing

1662
01:13:38,160 --> 01:13:40,470
that the markets predisposed to go

1663
01:13:40,470 --> 01:13:42,900
higher and in fighting that urge to risk

1664
01:13:42,930 --> 01:13:45,450
8% of my account, you know, 20% of my

1665
01:13:45,450 --> 01:13:47,100
account because I see this stuff happen

1666
01:13:47,130 --> 01:13:50,910
all the time. You a reasonably expect it

1667
01:13:50,910 --> 01:13:53,010
and anticipate it to unfold, but there's

1668
01:13:53,010 --> 01:13:55,590
no guarantee it's going to Okay, so I'm

1669
01:13:55,590 --> 01:13:58,410
giving you these these skills, okay to

1670
01:13:58,680 --> 01:14:02,130
work with you Give you a mindset that

1671
01:14:02,280 --> 01:14:05,310
hopefully will guide you to consistency.

1672
01:14:06,480 --> 01:14:09,300
So let's look at a, just a brief sample

1673
01:14:09,300 --> 01:14:11,250
set of how this is applicable, we're

1674
01:14:11,250 --> 01:14:12,930
just going to go and scroll through just

1675
01:14:12,930 --> 01:14:15,600
briefly. Okay, and we'll start here

1676
01:14:15,600 --> 01:14:16,710
again, I'll just, I don't want to go

1677
01:14:16,710 --> 01:14:17,940
back too far, because we could make a

1678
01:14:17,940 --> 01:14:20,730
huge, you know, treatise over this whole

1679
01:14:20,730 --> 01:14:22,380
thing and really not get to the other

1680
01:14:22,380 --> 01:14:25,590
things that I want to cover. But we have

1681
01:14:25,590 --> 01:14:28,050
the nine period break below here. Now,

1682
01:14:28,620 --> 01:14:30,480
price can step through both of these

1683
01:14:30,480 --> 01:14:32,340
moving averages. Okay, that's not

1684
01:14:32,370 --> 01:14:34,290
important in here. The important fact

1685
01:14:34,290 --> 01:14:36,690
is, is that if the nines below the 18th,

1686
01:14:36,720 --> 01:14:39,870
your mindset is I'm looking for sell

1687
01:14:39,870 --> 01:14:41,400
scenarios and looking for rallies to

1688
01:14:41,400 --> 01:14:46,230
sell into, okay. And you can expect the

1689
01:14:46,230 --> 01:14:49,110
blue line or the 18 period, okay to act

1690
01:14:49,110 --> 01:14:50,910
as like a dynamic support resistance

1691
01:14:50,910 --> 01:14:53,310
level, okay? I don't like trend lines. I

1692
01:14:53,310 --> 01:14:55,680
don't have faith in them. Okay. But when

1693
01:14:55,680 --> 01:14:58,350
you have a moving average like this, it

1694
01:14:58,350 --> 01:15:01,200
just, it allows me to anticipate price

1695
01:15:01,410 --> 01:15:02,940
reacting, it's very nice example of it

1696
01:15:02,940 --> 01:15:05,460
here. Okay, a nice example of it here as

1697
01:15:05,460 --> 01:15:07,620
well. And the bodies of the candles

1698
01:15:07,620 --> 01:15:10,680
remained below the 18 Here, here. So

1699
01:15:10,860 --> 01:15:12,240
even though we did have some wick step

1700
01:15:12,240 --> 01:15:14,340
through it to body itself was unable to

1701
01:15:14,340 --> 01:15:16,650
close above and remain lower, and you

1702
01:15:16,650 --> 01:15:18,210
can see that the result of the market

1703
01:15:18,240 --> 01:15:20,940
action was going to the downside. So

1704
01:15:22,110 --> 01:15:24,720
when you have that in place, okay, you

1705
01:15:24,720 --> 01:15:28,200
have that in place. It allows you to,

1706
01:15:28,200 --> 01:15:30,510
number one, view the market with a

1707
01:15:30,510 --> 01:15:33,390
higher level institutional momentum

1708
01:15:33,420 --> 01:15:35,970
perspective. Okay? That's a whole lot of

1709
01:15:35,970 --> 01:15:37,710
words there. And I try to I'm not trying

1710
01:15:37,710 --> 01:15:40,560
to be wordy or sound intellectual. I'm

1711
01:15:40,560 --> 01:15:43,080
trying to communicate the understanding

1712
01:15:43,080 --> 01:15:44,520
that I have in the marketplace because I

1713
01:15:44,520 --> 01:15:46,170
can't if there was a resource for me to

1714
01:15:46,170 --> 01:15:47,700
say, hey, go to this book. And this is

1715
01:15:47,700 --> 01:15:49,260
what it teaches you I would have saved

1716
01:15:49,260 --> 01:15:50,910
myself a lot of trouble. But there's no

1717
01:15:50,910 --> 01:15:52,260
books out that I'm aware of, and I have

1718
01:15:52,260 --> 01:15:54,990
a huge library of it. So I this is the

1719
01:15:54,990 --> 01:15:56,970
way for me to create it like a language

1720
01:15:56,970 --> 01:15:58,890
or vocabulary for us to interact so you

1721
01:15:58,890 --> 01:16:02,790
can understand the concept Okay, so when

1722
01:16:02,790 --> 01:16:05,700
we have the nine period above it above

1723
01:16:05,700 --> 01:16:07,920
the 18, we're buying and when the nine

1724
01:16:07,920 --> 01:16:09,480
periods below the 18 we're selling,

1725
01:16:09,690 --> 01:16:12,780
okay? That by itself will get you into a

1726
01:16:12,780 --> 01:16:15,420
whole lot of wonderful, sweet little

1727
01:16:15,570 --> 01:16:17,790
sweet spots in the market, we can just

1728
01:16:17,790 --> 01:16:19,710
take these opportunities and be happy

1729
01:16:19,710 --> 01:16:22,530
with that. But because I'm ICT that's

1730
01:16:22,530 --> 01:16:24,210
not enough, okay, I got to take it to

1731
01:16:24,210 --> 01:16:26,070
the nth degree. And we're going to be

1732
01:16:26,070 --> 01:16:28,890
looking at how we can further amplify

1733
01:16:28,920 --> 01:16:31,740
the effectiveness of directional bias

1734
01:16:31,800 --> 01:16:35,220
understanding with now we're going to

1735
01:16:36,000 --> 01:16:37,770
look at a series

1736
01:16:40,890 --> 01:16:41,940
Okay, of

1737
01:16:45,210 --> 01:16:50,610
we'll just use a slow area to okay in

1738
01:16:50,610 --> 01:16:59,820
here, that was a by area from this point

1739
01:16:59,820 --> 01:17:07,860
in Here, here was a buying area. And

1740
01:17:10,590 --> 01:17:22,320
right in here became a selling framework

1741
01:17:22,320 --> 01:17:24,360
where you're really just focusing on

1742
01:17:25,110 --> 01:17:30,600
being a bear. And we'll just use that

1743
01:17:30,810 --> 01:17:34,710
because that's a nice little price swing

1744
01:17:34,710 --> 01:17:37,230
in here we can work with it. And what

1745
01:17:37,230 --> 01:17:38,670
I'm going to do now is I'm going to take

1746
01:17:38,670 --> 01:17:39,990
the moving averages off because while

1747
01:17:39,990 --> 01:17:44,010
we've already established where the

1748
01:17:44,010 --> 01:17:46,020
averages have communicated the

1749
01:17:46,830 --> 01:17:48,120
bullishness or bearishness that we

1750
01:17:48,120 --> 01:17:50,160
should be focusing on Okay, so now with

1751
01:17:50,160 --> 01:17:52,290
those moving averages way, we're going

1752
01:17:52,290 --> 01:17:56,100
to apply now market structure and order

1753
01:17:56,100 --> 01:17:59,190
flow. Okay and or market flow, whatever

1754
01:17:59,190 --> 01:18:01,800
you want to call it, but The premise of

1755
01:18:01,800 --> 01:18:03,660
where swing highs are taken out to the

1756
01:18:03,660 --> 01:18:05,850
upside. Okay, that is momentum on the

1757
01:18:05,850 --> 01:18:09,540
upside, in addition to when you have

1758
01:18:09,660 --> 01:18:11,970
these little areas where market is

1759
01:18:11,970 --> 01:18:13,470
generally looking to move higher or

1760
01:18:13,470 --> 01:18:15,690
lower based on just two components

1761
01:18:15,690 --> 01:18:18,450
blended together. And what I mean by

1762
01:18:18,450 --> 01:18:20,640
that, well, we're going to go up to the

1763
01:18:20,640 --> 01:18:24,360
indicator thing here on Mt four. And,

1764
01:18:24,750 --> 01:18:28,620
again, I do not require a five day or

1765
01:18:28,620 --> 01:18:30,330
five candle pattern to create

1766
01:18:31,140 --> 01:18:31,920
a fractal.

1767
01:18:32,220 --> 01:18:35,310
Okay, and when I say fractal, it's this

1768
01:18:35,310 --> 01:18:39,660
little thingamabob, that's on Mt four.

1769
01:18:42,150 --> 01:18:43,590
And I probably should use a different

1770
01:18:43,590 --> 01:18:47,460
color, which I'm going to do now. And

1771
01:18:47,460 --> 01:18:50,250
we're just going to use we'll use red

1772
01:18:50,250 --> 01:18:55,020
that'll pop off pretty good. All right.

1773
01:18:57,000 --> 01:19:00,810
In here, we have a fractal. Hi Basically

1774
01:19:00,810 --> 01:19:01,950
a swing high. In other words, it's a

1775
01:19:01,950 --> 01:19:05,400
candle with two lower high candles on

1776
01:19:05,400 --> 01:19:07,770
both sides of it. For me and my trading,

1777
01:19:07,800 --> 01:19:10,200
I simply use this candle with the higher

1778
01:19:10,200 --> 01:19:11,970
low here, I'm sorry with a lower high

1779
01:19:11,970 --> 01:19:13,680
here and a lower high here, okay,

1780
01:19:14,010 --> 01:19:16,320
between this pattern inside this candle,

1781
01:19:16,320 --> 01:19:18,360
this angle and this candle, that alone

1782
01:19:18,390 --> 01:19:20,070
would have presented a swing high to me

1783
01:19:20,070 --> 01:19:21,630
and if that was violated on the upside,

1784
01:19:21,900 --> 01:19:23,160
you know, that would have been enough

1785
01:19:23,160 --> 01:19:27,810
for me. Okay. We have a swing high here,

1786
01:19:28,410 --> 01:19:30,600
we have a swing low here, we have a

1787
01:19:30,600 --> 01:19:33,750
swing swing low here as well. Now, as

1788
01:19:33,750 --> 01:19:35,250
price moved

1789
01:19:35,760 --> 01:19:36,480
above,

1790
01:19:37,200 --> 01:19:40,170
this swing high here right there. Now we

1791
01:19:40,170 --> 01:19:43,110
have both swing high broken out or Mark

1792
01:19:43,110 --> 01:19:46,950
structure has shifted upwards, while

1793
01:19:46,950 --> 01:19:49,080
we're in an area where those two moving

1794
01:19:49,080 --> 01:19:52,410
averages are implied. Momentum is

1795
01:19:52,410 --> 01:19:54,810
bullish, okay. So from this point, one

1796
01:19:56,850 --> 01:20:01,860
here We are looking to be a buyer. We're

1797
01:20:01,860 --> 01:20:03,180
gonna be looking for a retracement of

1798
01:20:03,180 --> 01:20:06,360
some sorts okay to be a buyer in okay

1799
01:20:07,740 --> 01:20:11,100
now you see a minor little retracement

1800
01:20:11,100 --> 01:20:14,190
in here and then it rallies off. Now

1801
01:20:14,190 --> 01:20:15,570
even though we have a bearish candle

1802
01:20:15,570 --> 01:20:18,660
here, okay we did move higher just in

1803
01:20:18,660 --> 01:20:21,990
terms of pips from the time it broke

1804
01:20:21,990 --> 01:20:24,090
this, this swing high here. We're going

1805
01:20:24,090 --> 01:20:25,770
to use that range to the high up here.

1806
01:20:26,460 --> 01:20:31,680
That's 179 pips. Okay 179 pips? That's

1807
01:20:31,680 --> 01:20:34,950
inside of one week. Do you think you can

1808
01:20:34,950 --> 01:20:37,530
get 50 pips out of that? Is it

1809
01:20:37,530 --> 01:20:39,570
reasonable to think that one would be

1810
01:20:39,570 --> 01:20:42,030
able to? I hope, I hope do you think

1811
01:20:42,030 --> 01:20:45,960
that at least, okay. Again, we have

1812
01:20:46,380 --> 01:20:50,340
price still above the swing high and the

1813
01:20:50,340 --> 01:20:52,140
only recent swing low prior to that

1814
01:20:52,140 --> 01:20:54,210
point is here. So as long as prices and

1815
01:20:54,210 --> 01:20:56,550
break that swing low, we are still

1816
01:20:56,580 --> 01:20:59,220
bullish. We have a swing low form here.

1817
01:20:59,850 --> 01:21:01,470
But Notice that that's the only one

1818
01:21:01,470 --> 01:21:03,600
since this one was formed. So Mark

1819
01:21:03,600 --> 01:21:05,640
structure and order flow suggests that

1820
01:21:06,510 --> 01:21:08,400
we are still go for buying

1821
01:21:08,400 --> 01:21:12,030
opportunities. Okay? Now price retraces

1822
01:21:12,030 --> 01:21:15,330
again, okay inside of this range, and we

1823
01:21:15,330 --> 01:21:18,090
broke this swing high here. So when that

1824
01:21:18,090 --> 01:21:21,120
breaks, this is the range. Right here,

1825
01:21:21,120 --> 01:21:24,690
this is that little price move here. If

1826
01:21:24,690 --> 01:21:26,850
we looked at just that range alone,

1827
01:21:26,880 --> 01:21:28,290
again, we're working on a daily chart

1828
01:21:28,290 --> 01:21:30,780
guys, this is not an intraday chart. If

1829
01:21:30,780 --> 01:21:36,750
I look at using the fib, john draw so

1830
01:21:36,750 --> 01:21:39,720
you guys can see. Here's the 79 cent

1831
01:21:39,720 --> 01:21:42,210
tracer level right in here. Okay, now

1832
01:21:42,210 --> 01:21:44,820
true, it violated just a little bit, but

1833
01:21:44,820 --> 01:21:49,140
ultimately it spent very little time

1834
01:21:49,200 --> 01:21:51,030
Okay, blowing through it going on

1835
01:21:51,030 --> 01:21:54,630
downside and we moved higher again. That

1836
01:21:54,630 --> 01:22:00,150
by itself is insightful because Number

1837
01:22:00,150 --> 01:22:03,300
one, it allows you to understand where

1838
01:22:03,300 --> 01:22:06,120
these fractals are forming. Okay? And

1839
01:22:06,120 --> 01:22:07,530
I'm saying fractal and sense of the

1840
01:22:07,530 --> 01:22:09,780
price pattern, not these little errors,

1841
01:22:09,810 --> 01:22:11,550
okay, and that's probably confusing. I

1842
01:22:11,550 --> 01:22:12,780
wish they would have named this

1843
01:22:12,810 --> 01:22:16,020
indicator for these swing high swing

1844
01:22:16,020 --> 01:22:18,570
lows is something different. But Bill

1845
01:22:18,570 --> 01:22:19,950
Williams, for whatever reason, felt he

1846
01:22:19,950 --> 01:22:22,200
needed to call it that. It's not a

1847
01:22:22,200 --> 01:22:24,450
fractal, by my definition, or many

1848
01:22:24,450 --> 01:22:26,430
others if he if he really looked around.

1849
01:22:27,840 --> 01:22:30,270
But we have a price rally from in here,

1850
01:22:30,510 --> 01:22:32,370
up here. Now we're going to talk about

1851
01:22:32,370 --> 01:22:33,990
how this could have been viewed in

1852
01:22:33,990 --> 01:22:37,770
advance before this happening, where

1853
01:22:38,610 --> 01:22:41,700
overhear something goes on, that's

1854
01:22:41,700 --> 01:22:45,330
useful to tell when there would be an

1855
01:22:45,330 --> 01:22:48,150
opportunity to be a buyer. But before we

1856
01:22:48,150 --> 01:22:49,380
get to that, here's another opportunity

1857
01:22:49,380 --> 01:22:51,870
just by using the the range that's 130

1858
01:22:51,870 --> 01:22:54,900
pips from that point to hear again,

1859
01:22:55,110 --> 01:22:58,080
within a week's time, so there's plenty

1860
01:22:58,080 --> 01:23:01,440
of opportunity to be profitable, okay

1861
01:23:01,440 --> 01:23:04,890
and catch your 50 pips or so a week and

1862
01:23:04,890 --> 01:23:06,150
again, I'm trying to give you a

1863
01:23:06,150 --> 01:23:09,120
realistic low end objective that flies

1864
01:23:09,120 --> 01:23:10,530
against everybody else teaching that you

1865
01:23:10,530 --> 01:23:12,450
got to make 2000 pips a month, okay

1866
01:23:12,450 --> 01:23:13,740
because you don't need to do it my

1867
01:23:13,740 --> 01:23:15,330
question is this if these guys are

1868
01:23:15,330 --> 01:23:17,820
making 2000 pips a month, okay? Or

1869
01:23:17,820 --> 01:23:20,790
20,000 pips a year Why aren't they

1870
01:23:20,790 --> 01:23:24,300
billionaires? Think about that driver

1871
01:23:24,300 --> 01:23:27,300
everybody's selling courses. Why is

1872
01:23:27,330 --> 01:23:30,150
there a billionaire out there? Okay, cuz

1873
01:23:30,150 --> 01:23:32,490
it's crap. Okay look,

1874
01:23:32,670 --> 01:23:34,770
you can have a million pips all you want

1875
01:23:34,920 --> 01:23:36,330
it's how much you manage your money

1876
01:23:36,330 --> 01:23:38,310
behind those pips. Okay? And I guarantee

1877
01:23:38,310 --> 01:23:41,940
you 99% of them don't do right things

1878
01:23:41,940 --> 01:23:43,620
with their equity in their money. So

1879
01:23:43,620 --> 01:23:44,940
just simply because you're showing me a

1880
01:23:44,940 --> 01:23:46,950
spreadsheet or you have a video on

1881
01:23:46,950 --> 01:23:48,480
YouTube saying you made you know X

1882
01:23:48,480 --> 01:23:50,490
amount of pips means absolutely nothing

1883
01:23:50,490 --> 01:23:51,870
to me and it shouldn't mean nothing to

1884
01:23:51,870 --> 01:23:55,860
you. Okay? So, again, think you don't

1885
01:23:55,860 --> 01:23:56,970
need a whole lot. So if we're going to

1886
01:23:56,970 --> 01:23:59,610
focus in just on 50 pips a week, that's

1887
01:23:59,610 --> 01:24:02,220
a really realistic obtainable goal, and

1888
01:24:02,220 --> 01:24:03,570
it's something that could be duplicated

1889
01:24:03,600 --> 01:24:05,040
over and over and over again, it's like

1890
01:24:05,040 --> 01:24:07,170
a, like a cookie cutter approach. You

1891
01:24:07,170 --> 01:24:08,910
keep doing the same thing over and over

1892
01:24:08,910 --> 01:24:11,580
and over again. Sometimes you run out of

1893
01:24:11,580 --> 01:24:13,260
dough. Okay? And what you got to do, you

1894
01:24:13,260 --> 01:24:15,180
got to follow it up and work it out.

1895
01:24:15,180 --> 01:24:17,250
Again, spread thin, spread a thinner, it

1896
01:24:17,250 --> 01:24:19,320
means risk less, okay, cut back your

1897
01:24:19,320 --> 01:24:21,450
equity. Okay? And then you keep doing

1898
01:24:21,450 --> 01:24:23,040
that same thing, milk it for all it's

1899
01:24:23,040 --> 01:24:24,330
worth doing the same thing, don't

1900
01:24:24,330 --> 01:24:25,830
deviate, don't change the parameters.

1901
01:24:26,070 --> 01:24:28,140
And then by approaching the market like

1902
01:24:28,140 --> 01:24:29,370
that, number one, you're not gonna be

1903
01:24:29,370 --> 01:24:30,630
surprised when you lose money because

1904
01:24:30,630 --> 01:24:31,860
you're going to know that okay, that

1905
01:24:31,860 --> 01:24:33,300
didn't work and I'm not going to be

1906
01:24:33,330 --> 01:24:35,220
jumping back in again because my system

1907
01:24:35,490 --> 01:24:37,740
or method or parameter says that I

1908
01:24:37,740 --> 01:24:41,010
can't. So I'm limiting my exposure in my

1909
01:24:41,010 --> 01:24:42,570
engagement to the marketplace to just

1910
01:24:42,570 --> 01:24:46,200
this okay. Which is hugely important

1911
01:24:46,200 --> 01:24:48,990
because 90% of traders don't do that.

1912
01:24:49,140 --> 01:24:53,070
Okay. Now, even in here, now, this is

1913
01:24:53,070 --> 01:24:55,530
why I don't like candlesticks because

1914
01:24:55,530 --> 01:24:58,650
it's very deceiving. If you are looking

1915
01:24:58,650 --> 01:25:02,070
at price action one specific manner and

1916
01:25:02,070 --> 01:25:04,650
then what I mean by that is this. We

1917
01:25:04,650 --> 01:25:07,410
have a low here, okay? And if you look

1918
01:25:07,410 --> 01:25:09,450
at the range between this low of this

1919
01:25:09,450 --> 01:25:11,880
candle to this candle here, we have a

1920
01:25:11,880 --> 01:25:13,770
price swing. Okay, if you looked on a

1921
01:25:13,770 --> 01:25:16,740
lower intraday price model, you'll see

1922
01:25:16,740 --> 01:25:18,210
that this is a very nice price swing,

1923
01:25:18,540 --> 01:25:21,120
okay, it's disguised many times because

1924
01:25:21,450 --> 01:25:23,610
many, many folks don't even look at a

1925
01:25:23,610 --> 01:25:25,830
daily chart, but this here is a range

1926
01:25:25,890 --> 01:25:28,830
Okay, this is a tradable range. If you

1927
01:25:28,830 --> 01:25:31,230
look at what was available from that

1928
01:25:31,230 --> 01:25:34,710
retracement, okay again, cancel the idea

1929
01:25:34,710 --> 01:25:36,570
of this being a bearish candle this

1930
01:25:36,870 --> 01:25:39,420
bearish candle this bearish candle price

1931
01:25:39,420 --> 01:25:43,620
moves from this low to this candles high

1932
01:25:43,620 --> 01:25:48,930
here it's 123 pips again that was made

1933
01:25:49,050 --> 01:25:52,500
during bearish candles, okay, even

1934
01:25:52,500 --> 01:25:54,030
though the market did come down here i'm

1935
01:25:54,030 --> 01:25:57,000
not i'm not you know ignoring the

1936
01:25:57,000 --> 01:25:58,440
elephant in the room here if you will,

1937
01:25:58,710 --> 01:26:01,110
on this two or three Day down move. I'm

1938
01:26:01,110 --> 01:26:03,060
not suggesting that didn't occur or

1939
01:26:03,060 --> 01:26:04,800
wasn't significant. What I'm stating to

1940
01:26:04,800 --> 01:26:07,350
you is if you stick to the model of

1941
01:26:07,440 --> 01:26:09,570
looking at the low to high and then

1942
01:26:09,570 --> 01:26:12,330
retracement during an ideal timeframe,

1943
01:26:12,480 --> 01:26:14,550
okay? Notice we didn't break this swing

1944
01:26:14,550 --> 01:26:16,440
low that formed here we came down into

1945
01:26:16,440 --> 01:26:18,420
the range between that candles low and

1946
01:26:18,420 --> 01:26:21,240
this candles high if we use our fib

1947
01:26:22,950 --> 01:26:27,330
Okay, pull that up. Okay, we have a

1948
01:26:27,330 --> 01:26:29,400
reasonable idea where to anticipate

1949
01:26:29,400 --> 01:26:32,280
again, where the the low should form,

1950
01:26:32,730 --> 01:26:37,500
okay? And if you looked at probably

1951
01:26:37,500 --> 01:26:39,000
splitting hairs, but I really want to

1952
01:26:39,330 --> 01:26:41,550
communicate this well. We're only

1953
01:26:41,550 --> 01:26:44,700
talking about 11 pips from where the

1954
01:26:44,700 --> 01:26:45,930
center lines that chase one level is and

1955
01:26:45,930 --> 01:26:47,520
where the actual low that candle formed.

1956
01:26:47,940 --> 01:26:50,610
Okay. So, again, when we get to stop

1957
01:26:50,610 --> 01:26:53,700
loss placement and, you know, overall

1958
01:26:54,360 --> 01:26:56,670
risk controls, you're going to see that

1959
01:26:56,670 --> 01:26:59,460
there's simply no reason to fear where

1960
01:26:59,460 --> 01:27:01,350
you should be placed. Stop at, okay,

1961
01:27:01,380 --> 01:27:03,480
there's no there's no reason to, to

1962
01:27:03,480 --> 01:27:05,940
guess as to, you know, am I going to get

1963
01:27:05,940 --> 01:27:07,860
stopped out and fearing it also, because

1964
01:27:07,860 --> 01:27:09,090
if you get stopped out where we're going

1965
01:27:09,090 --> 01:27:10,770
to teach you, you need to be getting out

1966
01:27:10,770 --> 01:27:12,240
of the market there, okay? Because it's

1967
01:27:12,240 --> 01:27:13,920
probably gonna be much more of a move in

1968
01:27:13,920 --> 01:27:16,590
against you then if you were to stay in,

1969
01:27:16,620 --> 01:27:19,800
okay. So we have an opportunity to be a

1970
01:27:19,800 --> 01:27:23,190
buyer here as well the market comes

1971
01:27:23,190 --> 01:27:25,860
down, creates another consolidation and

1972
01:27:25,860 --> 01:27:27,360
then moves out of the consolidation.

1973
01:27:27,630 --> 01:27:30,330
Okay, and the market structure and order

1974
01:27:30,330 --> 01:27:33,900
flow shifts bearish here, when we trade

1975
01:27:33,930 --> 01:27:36,270
low, lower right there, because we broke

1976
01:27:36,270 --> 01:27:38,340
that swing low. Now when this broke

1977
01:27:38,340 --> 01:27:41,430
down, okay, we have to wait for another

1978
01:27:41,430 --> 01:27:44,100
shift in market momentum. Okay. And this

1979
01:27:44,100 --> 01:27:46,470
is the reason why I do not like this

1980
01:27:46,470 --> 01:27:49,380
little fractal indicator, okay? Because

1981
01:27:49,380 --> 01:27:51,450
remember, I told you earlier, that all I

1982
01:27:51,450 --> 01:27:54,030
require is three bars, or three candles

1983
01:27:54,030 --> 01:27:56,520
to create a swing high. that's occurring

1984
01:27:56,520 --> 01:27:59,250
right here. Notice there's an absence of

1985
01:27:59,250 --> 01:28:02,250
fractal error. Like it says here, that's

1986
01:28:02,250 --> 01:28:06,720
because this big old candle here, okay?

1987
01:28:07,530 --> 01:28:09,840
It's high was above this candle is high,

1988
01:28:10,080 --> 01:28:12,420
which would negate the formation of this

1989
01:28:12,450 --> 01:28:16,290
arrow or an arrow like this a fractal up

1990
01:28:16,470 --> 01:28:19,530
arrow, because the parameters require

1991
01:28:19,530 --> 01:28:21,510
this candle to be a lower high than this

1992
01:28:21,510 --> 01:28:26,250
one. But is this not a swing high? Yes.

1993
01:28:27,180 --> 01:28:29,970
Because it has a lower high on both

1994
01:28:29,970 --> 01:28:31,650
sides of it. Okay, so this is a swing

1995
01:28:31,650 --> 01:28:33,510
high. As soon as this candle broke here,

1996
01:28:33,540 --> 01:28:34,890
we're back on the bullish momentum.

1997
01:28:35,400 --> 01:28:37,590
Okay, and then we entered this range

1998
01:28:37,590 --> 01:28:41,190
here. Okay, we started another series of

1999
01:28:41,640 --> 01:28:44,070
days where those two moving averages

2000
01:28:44,070 --> 01:28:46,710
have the nine above the moving average,

2001
01:28:46,800 --> 01:28:49,260
so that we're in a bullish framework

2002
01:28:49,740 --> 01:28:52,530
when market structure is bullish, okay,

2003
01:28:52,530 --> 01:28:54,900
because, again, we see this swing high

2004
01:28:54,900 --> 01:28:57,240
here, when it broke to the upside. Now

2005
01:28:57,240 --> 01:29:01,260
we have to wait okay. and expect to see

2006
01:29:01,260 --> 01:29:03,930
the nine be above the 18. Again, we're

2007
01:29:03,930 --> 01:29:07,950
looking at a daily chart. During this

2008
01:29:07,950 --> 01:29:09,060
time period, what you're gonna be

2009
01:29:09,060 --> 01:29:11,280
looking for is opportunities where price

2010
01:29:11,280 --> 01:29:13,890
again, find support, pulls back within a

2011
01:29:13,890 --> 01:29:16,770
range, okay either on a four hour chart

2012
01:29:16,770 --> 01:29:19,560
or an a one hour chart, and when you see

2013
01:29:19,560 --> 01:29:20,580
what we're going to be talking about

2014
01:29:20,670 --> 01:29:22,530
later on in this video, what you're

2015
01:29:22,530 --> 01:29:25,860
specifically looking for and hunting 90%

2016
01:29:25,860 --> 01:29:27,270
of time, it's there and there's no

2017
01:29:27,270 --> 01:29:29,250
reason for you to rush the chase price.

2018
01:29:29,400 --> 01:29:31,200
If he doesn't do these types of things.

2019
01:29:31,920 --> 01:29:34,470
You don't take a trade. Okay? So again,

2020
01:29:34,470 --> 01:29:37,440
we're looking to be a buyer here and all

2021
01:29:37,440 --> 01:29:40,380
the ranges in here again, with all these

2022
01:29:40,380 --> 01:29:42,450
candlestick patterns, you could have all

2023
01:29:42,450 --> 01:29:44,550
kinds of articles and such Oh, these are

2024
01:29:44,550 --> 01:29:48,810
the spinning tops. These are the dogies

2025
01:29:48,810 --> 01:29:50,700
and, and you know, whatever you want to

2026
01:29:50,700 --> 01:29:54,600
call it, the boxcar Willie's I don't I

2027
01:29:54,600 --> 01:29:57,030
am not a subscriber of you know a

2028
01:29:57,030 --> 01:29:59,280
plethora of candlestick patterns.

2029
01:29:59,430 --> 01:30:01,860
Really. I like The doji is long legged

2030
01:30:01,860 --> 01:30:06,210
dojis the hammers, and I like railroad

2031
01:30:06,210 --> 01:30:09,510
tracks. And that's about it. I don't

2032
01:30:09,510 --> 01:30:10,980
have any other faith in any other

2033
01:30:10,980 --> 01:30:13,830
patterns. So you can kind of like leave

2034
01:30:13,830 --> 01:30:15,270
that in your notebook. Don't ever ask me

2035
01:30:15,270 --> 01:30:16,590
about candlestick patterns outside of

2036
01:30:16,590 --> 01:30:18,330
those, because I don't subscribe to the

2037
01:30:18,330 --> 01:30:22,110
views that are useful. Okay. Now, on a

2038
01:30:22,110 --> 01:30:24,630
daily chart, we have the highs in here,

2039
01:30:24,780 --> 01:30:26,640
okay, and look at the bodies of these

2040
01:30:26,640 --> 01:30:29,070
candles, you see that? This is where I

2041
01:30:29,070 --> 01:30:31,560
like candles. Okay, these are these

2042
01:30:31,560 --> 01:30:33,540
ideas that I think are beneficial to

2043
01:30:33,540 --> 01:30:37,740
using candlesticks. Do you see how this

2044
01:30:37,740 --> 01:30:41,220
dealing range level? Okay, if we take

2045
01:30:41,220 --> 01:30:44,670
that out. See on the buys account here,

2046
01:30:45,180 --> 01:30:47,730
the opening was at that level to close

2047
01:30:47,760 --> 01:30:49,980
that candle was at that same level. The

2048
01:30:49,980 --> 01:30:52,680
opening was just a pip below that level

2049
01:30:52,680 --> 01:30:54,990
here. And the close of that candle was

2050
01:30:55,080 --> 01:30:57,810
I'm sorry, um, I've been saying that

2051
01:30:57,810 --> 01:31:00,000
wrong. Sorry. the close of this case.

2052
01:31:00,000 --> 01:31:02,520
handle is on that and the open on this

2053
01:31:02,520 --> 01:31:04,860
candle is at that same level and the

2054
01:31:04,860 --> 01:31:07,140
close of that candle is a pit below it.

2055
01:31:07,530 --> 01:31:09,900
And the open on this candle is right at

2056
01:31:09,900 --> 01:31:14,190
that same level. Do you see this candle

2057
01:31:14,190 --> 01:31:17,220
here? Okay, after we had a little minor

2058
01:31:17,220 --> 01:31:19,770
retracement here, okay, we got a

2059
01:31:19,770 --> 01:31:22,620
retracement. This is the range because

2060
01:31:22,620 --> 01:31:24,660
we have this dealing range here when

2061
01:31:24,660 --> 01:31:27,540
price broke through it, okay, see how

2062
01:31:27,540 --> 01:31:30,300
this is a swing high and see how this is

2063
01:31:30,300 --> 01:31:30,960
a swing high

2064
01:31:32,670 --> 01:31:34,320
when price broke through it.

2065
01:31:35,580 --> 01:31:37,740
market structure confirms once again

2066
01:31:37,740 --> 01:31:40,770
that it's on the upside, okay. But we

2067
01:31:40,770 --> 01:31:43,410
also have this dealing range support. So

2068
01:31:43,410 --> 01:31:47,400
we broke through this. Now, just because

2069
01:31:47,430 --> 01:31:49,020
this would be classified as support

2070
01:31:49,020 --> 01:31:51,870
level or resistance turn support does

2071
01:31:51,870 --> 01:31:54,090
not mean that price needs to get back

2072
01:31:54,090 --> 01:31:56,910
down there. Okay, so what do you how do

2073
01:31:56,910 --> 01:31:58,950
we use that information? Well, if you

2074
01:31:58,950 --> 01:32:02,370
pulled your fib From that level up to

2075
01:32:02,370 --> 01:32:05,610
the range high, which is here, okay,

2076
01:32:05,610 --> 01:32:07,830
that can look as we pulled down into

2077
01:32:07,860 --> 01:32:10,950
intraday okay. inside of that range you

2078
01:32:10,950 --> 01:32:13,980
come right down to that 70.5 level,

2079
01:32:14,040 --> 01:32:15,450
okay, you see how that's useful to you?

2080
01:32:15,900 --> 01:32:19,410
We retraced within that. So having that

2081
01:32:20,640 --> 01:32:22,830
that gives you a an idea again where to

2082
01:32:22,830 --> 01:32:25,680
anticipate price action to retrace into

2083
01:32:27,210 --> 01:32:32,250
that's not that's not all of the

2084
01:32:33,450 --> 01:32:36,210
characteristics we look for. But we will

2085
01:32:36,210 --> 01:32:38,010
be looking at other things that you

2086
01:32:38,010 --> 01:32:41,340
know, allow us to break down on a four

2087
01:32:41,340 --> 01:32:43,740
hour chart where we can also look for

2088
01:32:44,100 --> 01:32:45,960
you know, institutional order flow to

2089
01:32:45,960 --> 01:32:47,430
support the idea and the notion that we

2090
01:32:47,430 --> 01:32:49,560
should be expecting higher prices. And

2091
01:32:49,560 --> 01:32:51,150
again, we move higher higher higher

2092
01:32:51,180 --> 01:32:54,030
higher swing lows here, okay, again are

2093
01:32:54,030 --> 01:32:56,160
higher in each successive move higher.

2094
01:32:56,640 --> 01:32:58,710
Okay, and then we see market structure

2095
01:32:59,610 --> 01:33:03,150
break down in here, okay. And we did

2096
01:33:03,150 --> 01:33:04,590
rally off again in here a little bit.

2097
01:33:04,710 --> 01:33:08,430
Okay? While we're in this screen by

2098
01:33:08,520 --> 01:33:10,140
framework where we overall would still

2099
01:33:10,140 --> 01:33:12,570
be looking for opportunities to be a

2100
01:33:12,570 --> 01:33:18,000
long trader I want you to see the, the

2101
01:33:18,000 --> 01:33:21,570
low here, or this low here, either one

2102
01:33:21,600 --> 01:33:23,910
very close in proximity, but we're going

2103
01:33:23,910 --> 01:33:25,200
to use this one here. If you look at

2104
01:33:25,200 --> 01:33:29,760
that low up to this high, you see that I

2105
01:33:29,760 --> 01:33:32,460
move the fit over here so you can see

2106
01:33:32,460 --> 01:33:38,850
the lines. Here we are. I did was I use

2107
01:33:38,850 --> 01:33:40,950
the range of this low to this high

2108
01:33:40,950 --> 01:33:43,020
again, it's the daily chart, price comes

2109
01:33:43,020 --> 01:33:45,120
right down into what level the 79

2110
01:33:45,180 --> 01:33:46,800
penetration level. Look how many

2111
01:33:46,830 --> 01:33:49,230
opportunities where price stayed within

2112
01:33:49,230 --> 01:33:52,170
that optimal range, okay? And rallied up

2113
01:33:53,670 --> 01:33:55,890
if you look at where we were in regards

2114
01:33:55,890 --> 01:33:59,970
to that price movement. Again, using the

2115
01:34:01,140 --> 01:34:04,020
bodies of the candles up to the high of

2116
01:34:04,020 --> 01:34:06,810
this candle right here. That's 156 pips.

2117
01:34:06,930 --> 01:34:10,860
Again 156 pips within a few days that's

2118
01:34:10,860 --> 01:34:14,520
inside of one week's range. There should

2119
01:34:14,520 --> 01:34:15,900
be no reason why you can't capture at

2120
01:34:15,900 --> 01:34:19,650
least 50 pips out of that. Okay, the

2121
01:34:19,650 --> 01:34:22,890
opportunity here, okay. The bottom line

2122
01:34:22,890 --> 01:34:24,450
is, is there's opportunity for you to

2123
01:34:24,450 --> 01:34:28,170
make money and still quote unquote be

2124
01:34:28,170 --> 01:34:31,110
wrong because ultimately the market did

2125
01:34:31,140 --> 01:34:33,210
move lower outside of this area here,

2126
01:34:33,270 --> 01:34:37,410
okay. And then we moved into a selling

2127
01:34:37,410 --> 01:34:40,650
framework. Okay, you have the market

2128
01:34:40,650 --> 01:34:42,240
breaking down making lower lows

2129
01:34:43,500 --> 01:34:44,940
and lower highs.

2130
01:34:45,660 --> 01:34:48,480
So we have this swing high here, with a

2131
01:34:48,480 --> 01:34:50,640
fractal. Now I got to change this

2132
01:34:50,670 --> 01:34:52,230
fractal to a different color because it

2133
01:34:52,230 --> 01:34:56,190
will not be seen against the red. So we

2134
01:34:56,190 --> 01:34:58,560
had this fractal low here. price breaks

2135
01:34:58,560 --> 01:35:01,590
down through it. Again confirming that

2136
01:35:01,590 --> 01:35:05,640
we are in both concepts agreeing with

2137
01:35:05,640 --> 01:35:07,590
lower prices we have the two moving

2138
01:35:07,590 --> 01:35:09,150
averages the nine is going to be below

2139
01:35:09,150 --> 01:35:11,370
the 18. Remember we marked out this box

2140
01:35:11,670 --> 01:35:13,170
that was giving you the bearish

2141
01:35:13,170 --> 01:35:15,090
framework to expect lower prices

2142
01:35:15,210 --> 01:35:16,980
momentum wise institutionally they're

2143
01:35:16,980 --> 01:35:18,720
going to be looking for order flows

2144
01:35:18,720 --> 01:35:22,350
lower. Okay. And you see technically

2145
01:35:22,650 --> 01:35:24,390
they are moving lower because we see

2146
01:35:24,390 --> 01:35:27,240
those swing low here right down. Okay.

2147
01:35:27,540 --> 01:35:29,520
So when you see that happen, you're

2148
01:35:29,520 --> 01:35:30,360
gonna be doing is you're gonna be

2149
01:35:30,360 --> 01:35:33,570
looking for the ranges. Okay, to form

2150
01:35:33,840 --> 01:35:35,370
you're gonna be looking for rallies,

2151
01:35:35,850 --> 01:35:37,380
you're going to sell into those rallies.

2152
01:35:38,550 --> 01:35:40,950
See this low here and we see the price

2153
01:35:40,950 --> 01:35:45,720
actually move up here this high down to

2154
01:35:45,720 --> 01:35:51,150
that low to the 62% retracement level.

2155
01:35:51,390 --> 01:35:56,160
Okay. And, again, we're going to discuss

2156
01:35:56,340 --> 01:36:00,000
a concept that is useful in terms of you

2157
01:36:00,000 --> 01:36:02,040
institutional order flow, where we can

2158
01:36:02,070 --> 01:36:03,930
again identify areas on the lower

2159
01:36:03,930 --> 01:36:05,940
timeframe where this is again one more

2160
01:36:05,940 --> 01:36:10,770
area where order flow and short term

2161
01:36:10,800 --> 01:36:13,290
market structure shifting and where

2162
01:36:13,380 --> 01:36:15,270
institutional order blocks are retreated

2163
01:36:15,270 --> 01:36:18,420
into to get a another piece of the pie

2164
01:36:18,420 --> 01:36:19,650
if you will, before they start to move

2165
01:36:19,650 --> 01:36:21,750
lower. You can see when when the market

2166
01:36:21,750 --> 01:36:22,980
moved up into that range, it did not

2167
01:36:22,980 --> 01:36:24,240
spend a whole lot of time there and

2168
01:36:24,240 --> 01:36:25,920
that's why you had this very thin wick.

2169
01:36:26,400 --> 01:36:28,200
Okay, the market opened here,

2170
01:36:29,460 --> 01:36:30,480
rallied up

2171
01:36:31,410 --> 01:36:33,210
and then traded lower and close lower

2172
01:36:33,210 --> 01:36:35,640
that's creates that black bar. Okay, the

2173
01:36:35,640 --> 01:36:42,540
close is near the low of the day. You

2174
01:36:42,540 --> 01:36:43,860
can see the clothes on this candle is

2175
01:36:43,890 --> 01:36:55,980
130 64 with the low at 130 47

2176
01:37:21,480 --> 01:37:23,910
Okay, as price moves lower, it's breaks

2177
01:37:24,360 --> 01:37:29,100
each new successive lower swing lows and

2178
01:37:29,130 --> 01:37:31,950
each swing high is lower as well. Now we

2179
01:37:31,950 --> 01:37:36,000
have, again an opportunity where the

2180
01:37:36,000 --> 01:37:38,850
market creates a swing low here, trades

2181
01:37:38,850 --> 01:37:43,500
lower, okay and comes back here and

2182
01:37:43,500 --> 01:37:46,050
takes out this, this swing high. Okay?

2183
01:37:47,820 --> 01:37:50,970
That's going to happen a few different

2184
01:37:50,970 --> 01:37:53,040
times while we are in training

2185
01:37:53,040 --> 01:37:54,390
environments because again, you're going

2186
01:37:54,390 --> 01:37:56,610
to come back and take the stops and

2187
01:37:56,610 --> 01:37:58,860
search for liquidity. Whenever you see

2188
01:37:58,860 --> 01:38:00,300
swing highs like this on a daily chart

2189
01:38:00,300 --> 01:38:01,710
naturally, that's where support

2190
01:38:01,710 --> 01:38:03,900
resistance is going to be implied by

2191
01:38:03,900 --> 01:38:05,100
traders. And they're going to think that

2192
01:38:05,100 --> 01:38:06,750
their stop loss orders are protecting

2193
01:38:06,750 --> 01:38:08,610
above that. And you'll see the market

2194
01:38:08,610 --> 01:38:10,770
rally up just above it, take it out, and

2195
01:38:10,770 --> 01:38:13,560
then break lower, it still does not

2196
01:38:13,560 --> 01:38:15,090
change the fact that we still are

2197
01:38:15,090 --> 01:38:17,130
working within a range, okay, and that

2198
01:38:17,130 --> 01:38:19,980
being this high to the low, and if you

2199
01:38:19,980 --> 01:38:21,450
look it up in here, you'll see

2200
01:38:21,450 --> 01:38:23,430
opportunities to be a seller on the

2201
01:38:23,430 --> 01:38:28,440
lower timeframe. Again, once we break

2202
01:38:28,440 --> 01:38:29,790
lower here, we have everything in an

2203
01:38:29,790 --> 01:38:31,650
agreement as well. Okay, and I'm going

2204
01:38:31,650 --> 01:38:33,750
to subscribe to the notion that you

2205
01:38:33,750 --> 01:38:35,880
probably may have lost money here or

2206
01:38:35,880 --> 01:38:37,380
missed opportunities. We're just gonna

2207
01:38:37,380 --> 01:38:40,110
call this a dead opportunity area where

2208
01:38:40,110 --> 01:38:42,390
we didn't get any kind of reasonable

2209
01:38:45,450 --> 01:38:47,220
positive equity increase, there was

2210
01:38:47,220 --> 01:38:48,930
nothing that we profited from in here.

2211
01:38:49,920 --> 01:38:51,750
Everything gets back in sync here when

2212
01:38:51,750 --> 01:38:55,290
this candle breaks below. This swing low

2213
01:38:55,290 --> 01:38:59,550
here, okay. And then we have the high

2214
01:38:59,550 --> 01:39:02,400
here Is penetrating here. So now on this

2215
01:39:02,400 --> 01:39:05,160
candle, everything's bullish, okay

2216
01:39:05,190 --> 01:39:07,560
inside of this overall sell framework.

2217
01:39:07,830 --> 01:39:09,870
So what we doing is what we've sit on

2218
01:39:09,870 --> 01:39:14,250
our hands until when here okay we expect

2219
01:39:14,310 --> 01:39:19,830
what see this low here? What is that?

2220
01:39:20,460 --> 01:39:23,430
That is a swing low. Again the fractal

2221
01:39:23,430 --> 01:39:26,250
indicator arrow is useful to communicate

2222
01:39:26,970 --> 01:39:29,910
general support, sorry, swing highs and

2223
01:39:29,910 --> 01:39:31,800
lows. But again this is the reason why I

2224
01:39:31,800 --> 01:39:34,320
don't like it by itself because it will

2225
01:39:34,350 --> 01:39:36,780
avoid printing an arrow where I would

2226
01:39:36,780 --> 01:39:38,790
classify that as a swing low. So when

2227
01:39:38,790 --> 01:39:40,950
the market opened up down here, market

2228
01:39:40,950 --> 01:39:43,200
structure and order flow has shifted to

2229
01:39:43,200 --> 01:39:45,570
bearishness again, okay. And this being

2230
01:39:45,570 --> 01:39:48,390
the most recent swing high, soon as this

2231
01:39:48,390 --> 01:39:50,370
candle closes and this one opens up,

2232
01:39:50,700 --> 01:39:52,680
this one would be a swing high To me,

2233
01:39:52,950 --> 01:39:54,750
this is a swing low and everything will

2234
01:39:54,750 --> 01:39:57,210
be bearish here. Okay and until that

2235
01:39:57,210 --> 01:39:59,970
high is taken out on the upside, okay or

2236
01:40:00,000 --> 01:40:03,870
Any newer swing high forming is taking

2237
01:40:03,870 --> 01:40:06,840
out I would be looking for lower prices.

2238
01:40:07,350 --> 01:40:08,970
Okay, and the same thing happens here,

2239
01:40:09,240 --> 01:40:12,270
we have the swing high because we have a

2240
01:40:12,720 --> 01:40:14,850
candle with a lower high here and lower

2241
01:40:14,850 --> 01:40:16,890
high here. So this is a swing high to

2242
01:40:16,890 --> 01:40:20,580
me. Okay. price breaks through it here.

2243
01:40:21,450 --> 01:40:23,400
So now we have on a very short term

2244
01:40:23,670 --> 01:40:26,070
market structure being bearish. Okay.

2245
01:40:26,730 --> 01:40:30,060
I'm sorry bullish, again inside of a

2246
01:40:30,060 --> 01:40:31,890
bearish framework. So we're looking to

2247
01:40:31,890 --> 01:40:33,720
do what we're selling into rallies,

2248
01:40:33,930 --> 01:40:36,690
we're selling into it, okay. So this is

2249
01:40:36,690 --> 01:40:38,820
where you're going to be applying the

2250
01:40:38,850 --> 01:40:42,390
what we commonly refer to as market flow

2251
01:40:42,390 --> 01:40:46,080
order flow, you you will see on a daily

2252
01:40:46,080 --> 01:40:49,650
chart, many times rallies going against

2253
01:40:49,680 --> 01:40:52,020
what would be considered market flow

2254
01:40:52,530 --> 01:40:57,360
being bullish In other words, this we

2255
01:40:57,360 --> 01:40:59,580
have this swing high here it's a candle

2256
01:40:59,580 --> 01:41:01,020
with too low Highs on the either side of

2257
01:41:01,020 --> 01:41:03,450
it when this candle blew up through it

2258
01:41:04,110 --> 01:41:06,420
will be considered bullish daily market

2259
01:41:06,420 --> 01:41:09,900
flow or order flow. But you have that

2260
01:41:09,900 --> 01:41:11,400
range here that you got to work within

2261
01:41:12,270 --> 01:41:14,850
okay and that looks like this.

2262
01:41:19,980 --> 01:41:21,390
See I went right up into that area here.

2263
01:41:21,990 --> 01:41:24,120
Both candles stop dead on the 79 cent

2264
01:41:24,120 --> 01:41:26,490
tracing level and then boom, it move

2265
01:41:26,490 --> 01:41:28,500
lower. Okay, now we have everything back

2266
01:41:28,500 --> 01:41:30,480
in sync again. We had this low taken

2267
01:41:30,480 --> 01:41:33,930
out, we have both the framework on the

2268
01:41:33,930 --> 01:41:36,090
moving averages suggesting lower prices

2269
01:41:36,510 --> 01:41:40,140
and the order flow and Mark flow is

2270
01:41:40,170 --> 01:41:41,790
bearish because we took out the swing

2271
01:41:41,790 --> 01:41:43,560
low so everything's moving lower again.

2272
01:41:45,300 --> 01:41:47,640
We we continuingly looking for selling

2273
01:41:47,640 --> 01:41:51,000
opportunities okay. And inside this is

2274
01:41:51,090 --> 01:41:55,200
area here. Now again we have the market

2275
01:41:55,230 --> 01:41:58,170
creating a nice rally and reversal.

2276
01:41:58,200 --> 01:42:00,900
Again, we are not Trying to call the

2277
01:42:00,900 --> 01:42:03,840
lows, we are not looking for the, you

2278
01:42:03,840 --> 01:42:05,070
know, the tops and the bottoms in the

2279
01:42:05,070 --> 01:42:06,900
marketplace. So even if we were to take

2280
01:42:06,900 --> 01:42:08,520
a trade in here somewhere, okay,

2281
01:42:08,520 --> 01:42:11,070
something lent to our analysis that we

2282
01:42:11,070 --> 01:42:13,530
should suggest taking a short trade and

2283
01:42:13,530 --> 01:42:15,780
we got stopped out, what do we do? We

2284
01:42:15,780 --> 01:42:18,120
accept the loss and we move on. Okay?

2285
01:42:18,540 --> 01:42:20,550
Right in our journal, keep it you know,

2286
01:42:21,300 --> 01:42:23,490
as a learning process, and continuously

2287
01:42:23,490 --> 01:42:26,970
looking for the next opportunity. All

2288
01:42:26,970 --> 01:42:30,390
this right here, okay, would be the same

2289
01:42:30,390 --> 01:42:32,550
information this applied going forward.

2290
01:42:32,580 --> 01:42:34,770
Now this, we only had these two examples

2291
01:42:34,770 --> 01:42:38,580
in our analysis and study. Again, we had

2292
01:42:39,240 --> 01:42:41,400
that red arrow area in the two green

2293
01:42:41,400 --> 01:42:45,780
areas. Inside of these pockets of price

2294
01:42:45,780 --> 01:42:48,060
action, there's more than enough

2295
01:42:48,060 --> 01:42:50,190
opportunities for you to take trades

2296
01:42:50,370 --> 01:42:53,580
just using the daily chart. Okay, but if

2297
01:42:53,580 --> 01:42:56,910
you use the four hour chart, you'll be

2298
01:42:56,910 --> 01:42:59,430
able to glean a better understanding of

2299
01:42:59,430 --> 01:43:01,230
what it is That you're going to be

2300
01:43:01,230 --> 01:43:03,510
hunting. But before we do that, let's

2301
01:43:03,510 --> 01:43:06,630
strip the chart again. And we're going

2302
01:43:06,630 --> 01:43:10,710
to take these fractal things off here.

2303
01:43:11,640 --> 01:43:13,500
Okay? And what I'm going to discuss now

2304
01:43:14,910 --> 01:43:15,570
is

2305
01:43:16,410 --> 01:43:18,810
what specifically is inside the candles

2306
01:43:18,810 --> 01:43:20,640
that's useful to us, okay? And why

2307
01:43:20,640 --> 01:43:25,020
consolidations breed opportunity. We

2308
01:43:25,020 --> 01:43:28,440
have an area of consolidation right

2309
01:43:28,440 --> 01:43:31,140
here. And I probably should take these

2310
01:43:31,140 --> 01:43:40,920
rectangles off because there we go. And

2311
01:43:40,920 --> 01:43:41,580
we have

2312
01:43:48,210 --> 01:43:55,950
this consolidation right here. Okay,

2313
01:43:55,950 --> 01:44:00,840
inside this, I'm gonna make it blue. In

2314
01:44:00,840 --> 01:44:04,290
this little area here, okay, smart money

2315
01:44:04,290 --> 01:44:08,790
is accumulating. Now, how do I know it's

2316
01:44:09,660 --> 01:44:11,760
accumulating? Well, because number one

2317
01:44:11,760 --> 01:44:15,120
prices already moved off of an area

2318
01:44:15,150 --> 01:44:19,860
where it caused a reaction. Okay, inside

2319
01:44:19,860 --> 01:44:23,220
this reaction, this price move higher.

2320
01:44:23,250 --> 01:44:25,080
Okay, we're talking about a daily chart

2321
01:44:25,080 --> 01:44:31,050
moving for days to the tune of about 465

2322
01:44:31,050 --> 01:44:33,930
pips. Okay? retail traders can't do

2323
01:44:33,930 --> 01:44:36,090
that. So institutional funds

2324
01:44:36,120 --> 01:44:38,340
institutional traders will smart money

2325
01:44:38,340 --> 01:44:39,870
will this is the elephant putting its

2326
01:44:39,870 --> 01:44:41,970
foot in the water, okay? Then we go into

2327
01:44:41,970 --> 01:44:45,240
a consolidation, it's pausing in here,

2328
01:44:45,300 --> 01:44:47,220
traders chase it thinking, Okay, what's

2329
01:44:47,220 --> 01:44:48,450
been going up, I'm gonna keep buying it

2330
01:44:48,450 --> 01:44:49,920
and they get pounded here to get pounded

2331
01:44:49,920 --> 01:44:51,930
here, get pounded here. And at this

2332
01:44:51,930 --> 01:44:52,950
point, they say well, it's probably not

2333
01:44:52,950 --> 01:44:54,420
going to keep going up. So I'm going to

2334
01:44:54,420 --> 01:44:56,220
be a seller and what they do they sell a

2335
01:44:56,220 --> 01:44:58,470
breakout. Okay? Are they so you know,

2336
01:44:58,500 --> 01:45:00,600
whatever pattern they think is is

2337
01:45:00,630 --> 01:45:03,180
beneficial to them and ended up getting

2338
01:45:03,180 --> 01:45:04,350
caught on the other side of the market

2339
01:45:04,350 --> 01:45:07,890
again. We as traders, okay, here's what

2340
01:45:07,890 --> 01:45:09,330
we're going to take a huge step right

2341
01:45:09,330 --> 01:45:12,780
now. Okay? You need institutional

2342
01:45:12,780 --> 01:45:15,180
sponsorship in your trades.

2343
01:45:16,110 --> 01:45:17,970
Institutional sponsorship is when you

2344
01:45:17,970 --> 01:45:19,560
start seeing things like this as the

2345
01:45:19,590 --> 01:45:21,480
market moves up, moves into

2346
01:45:21,480 --> 01:45:24,240
consolidation. This is where pairing of

2347
01:45:24,240 --> 01:45:26,100
orders is taking place. Okay?

2348
01:45:26,940 --> 01:45:29,910
institutional trading is building up

2349
01:45:29,910 --> 01:45:32,460
positions, all in these areas here.

2350
01:45:32,670 --> 01:45:34,650
Okay. And what you're looking for is

2351
01:45:34,650 --> 01:45:37,020
where areas of where the market has

2352
01:45:37,020 --> 01:45:42,120
moved with a great level of conviction.

2353
01:45:42,510 --> 01:45:45,360
Okay. If they can move the market almost

2354
01:45:45,360 --> 01:45:47,670
500 pips here and it starts pausing.

2355
01:45:48,240 --> 01:45:49,380
Chances are, it's probably gonna be

2356
01:45:49,380 --> 01:45:52,170
another leg up. And what I mean by that,

2357
01:45:52,170 --> 01:45:54,510
well, if you take this low to the high

2358
01:45:54,720 --> 01:46:01,620
in here if you see that range here It's

2359
01:46:01,620 --> 01:46:03,420
probably gonna look to make a move equal

2360
01:46:03,420 --> 01:46:07,050
to that same thing. Okay, and here's a

2361
01:46:07,050 --> 01:46:08,370
low we're going to use basically use

2362
01:46:08,370 --> 01:46:11,160
this because usually the same this here

2363
01:46:11,160 --> 01:46:13,500
and here's basically the same price. As

2364
01:46:13,500 --> 01:46:14,880
you take this out in time, you can see

2365
01:46:15,060 --> 01:46:16,740
the market did move in fact to that same

2366
01:46:16,740 --> 01:46:19,050
price level. Again, it's just like a

2367
01:46:19,050 --> 01:46:21,360
measured move taking the first swing and

2368
01:46:21,360 --> 01:46:23,310
then consolidation and expect another

2369
01:46:23,610 --> 01:46:26,130
move higher. What I want to draw your

2370
01:46:26,130 --> 01:46:28,980
attention to is again on a daily chart

2371
01:46:30,870 --> 01:46:35,220
how I like to view the market is it see

2372
01:46:35,220 --> 01:46:38,790
this candle here? Okay, if we look at

2373
01:46:38,790 --> 01:46:42,690
that, this candle right here,

2374
01:46:44,820 --> 01:46:45,420
here

2375
01:46:53,310 --> 01:46:54,630
the body of that candle

2376
01:46:56,640 --> 01:46:57,150
okay.

2377
01:47:00,000 --> 01:47:02,100
To me the most useful portion of it,

2378
01:47:02,490 --> 01:47:06,810
okay? When price rallied up, okay and

2379
01:47:06,810 --> 01:47:08,670
consolidated and moved out of it and

2380
01:47:08,670 --> 01:47:10,110
came right back down into it but was

2381
01:47:10,140 --> 01:47:12,000
unable to break this low, we are in a

2382
01:47:12,000 --> 01:47:17,610
consolidation. Okay. In this area in

2383
01:47:17,610 --> 01:47:20,190
here, okay, something's going on

2384
01:47:20,400 --> 01:47:22,650
institutionally speaking. I don't know

2385
01:47:22,650 --> 01:47:25,200
exactly what it is. But I know that

2386
01:47:25,200 --> 01:47:28,350
there's something that traders on a

2387
01:47:28,350 --> 01:47:31,830
large institutional basis want this

2388
01:47:31,860 --> 01:47:34,080
price for whatever reason they think

2389
01:47:34,080 --> 01:47:36,630
there's value to it, okay? And what

2390
01:47:36,630 --> 01:47:37,710
we're going to do is we're going to be

2391
01:47:37,710 --> 01:47:42,000
looking at this whole area here and I

2392
01:47:42,000 --> 01:47:43,170
really should be using the high the

2393
01:47:43,170 --> 01:47:47,130
candle, not just the body, but this

2394
01:47:47,130 --> 01:47:53,460
whole area here is important. Because

2395
01:47:53,460 --> 01:47:55,260
this is going to be an institutional

2396
01:47:55,260 --> 01:47:58,260
order block. Okay, when price rallied

2397
01:47:58,260 --> 01:47:59,970
out of that and came back one more time

2398
01:48:00,540 --> 01:48:02,460
Okay, they did, they dipped below this

2399
01:48:02,460 --> 01:48:04,950
area here to clear out any kind of stops

2400
01:48:04,950 --> 01:48:06,510
that would be resting there. Okay and

2401
01:48:06,510 --> 01:48:08,580
it's a stop run. One of the most

2402
01:48:08,580 --> 01:48:09,750
important things you can have your notes

2403
01:48:09,750 --> 01:48:11,700
are is if the price can come back to a

2404
01:48:11,700 --> 01:48:14,070
key level support resistance, sweep

2405
01:48:14,070 --> 01:48:16,230
through it one more time. Okay and then

2406
01:48:16,530 --> 01:48:18,720
fail to keep going. That's generally a

2407
01:48:18,720 --> 01:48:20,190
sign that was a stop rate and they're

2408
01:48:20,190 --> 01:48:22,110
getting ready to do a major repricing

2409
01:48:22,320 --> 01:48:23,610
going the opposite direction in other

2410
01:48:23,610 --> 01:48:25,830
words contrary to direction the stop was

2411
01:48:25,890 --> 01:48:28,260
rattling somewhere they drove it lower

2412
01:48:28,260 --> 01:48:30,900
here, engineered it lower to send it

2413
01:48:30,900 --> 01:48:33,000
higher. Okay, why did they do that?

2414
01:48:33,030 --> 01:48:34,800
Because they want the orders that are in

2415
01:48:34,800 --> 01:48:39,330
existence down here. Okay. So what do I

2416
01:48:39,330 --> 01:48:42,150
mean by that? Well, we had one little or

2417
01:48:42,150 --> 01:48:43,590
block in here between this candles high

2418
01:48:43,590 --> 01:48:45,690
in this candles low Okay, when price

2419
01:48:45,690 --> 01:48:47,040
rallied out they couldn't get all their

2420
01:48:47,040 --> 01:48:49,860
trade on. So what do they do they stop

2421
01:48:49,860 --> 01:48:52,800
their buying okay. And with they're not

2422
01:48:52,800 --> 01:48:55,530
buying price will be permitted to trade

2423
01:48:55,530 --> 01:48:57,360
lower, and then they'll support the

2424
01:48:57,360 --> 01:48:59,280
market again because why they're buying

2425
01:48:59,280 --> 01:49:00,540
comes back in tomorrow. marketplace in

2426
01:49:00,540 --> 01:49:02,160
here, okay, and they're buying it up

2427
01:49:02,160 --> 01:49:04,830
again, that's going to control this

2428
01:49:04,860 --> 01:49:06,930
decline and keep from going back into

2429
01:49:06,930 --> 01:49:08,370
this area here because they already have

2430
01:49:08,370 --> 01:49:10,710
established positions back here. They

2431
01:49:10,710 --> 01:49:12,240
don't want those violated, they don't

2432
01:49:12,240 --> 01:49:13,770
want to see a net loss in there. So

2433
01:49:13,770 --> 01:49:15,390
they're going to add more positions in

2434
01:49:15,390 --> 01:49:18,450
here supporting the market. Again, don't

2435
01:49:18,450 --> 01:49:19,980
think like a retail trader, think like

2436
01:49:19,980 --> 01:49:21,990
the banks, the institutional guys, they

2437
01:49:21,990 --> 01:49:23,580
want to keep this thing they have a

2438
01:49:23,580 --> 01:49:25,110
vested interest in keeping this market

2439
01:49:25,110 --> 01:49:27,090
up. So if they wanted to move higher,

2440
01:49:27,210 --> 01:49:28,500
they're gonna be buying it at a level

2441
01:49:28,500 --> 01:49:30,750
where they consider it valuable, okay,

2442
01:49:30,780 --> 01:49:34,440
or a viewing perspective on the

2443
01:49:34,440 --> 01:49:38,460
marketplace as it has a worth of some

2444
01:49:38,460 --> 01:49:42,330
sort, or undervalued if you will. Now,

2445
01:49:42,390 --> 01:49:44,940
as price moved out of this area here,

2446
01:49:44,970 --> 01:49:46,740
again, this is that consolidation area

2447
01:49:46,740 --> 01:49:49,050
we just had blocked off. Its price move

2448
01:49:49,080 --> 01:49:50,940
out of that area here we have market

2449
01:49:50,940 --> 01:49:52,890
structure shift here again to the

2450
01:49:52,890 --> 01:49:54,600
bullishness to this high was taken out

2451
01:49:54,900 --> 01:50:01,470
here so let's draw that out. Okay, we

2452
01:50:01,470 --> 01:50:03,330
are bullish market structure here, price

2453
01:50:03,330 --> 01:50:05,160
rallies up again and then we have this

2454
01:50:05,190 --> 01:50:07,890
decline. Okay. Now remember earlier I

2455
01:50:07,890 --> 01:50:10,800
was discussing this Yes, it was three

2456
01:50:10,800 --> 01:50:12,060
days where it was bearish. I'm not

2457
01:50:12,120 --> 01:50:14,820
ignoring that. Okay. The reason why I

2458
01:50:14,820 --> 01:50:17,010
was going to come back to this example

2459
01:50:17,010 --> 01:50:19,440
here because this is exactly what I used

2460
01:50:19,440 --> 01:50:21,990
to get in these types of trades. If you

2461
01:50:21,990 --> 01:50:24,570
look at this area of where the

2462
01:50:24,570 --> 01:50:27,000
institutional order block was, okay, and

2463
01:50:27,000 --> 01:50:29,430
again, what how am I defining that

2464
01:50:29,550 --> 01:50:31,860
because we went into a consolidation, we

2465
01:50:31,860 --> 01:50:35,010
rallied up, okay. And you want to see a

2466
01:50:35,010 --> 01:50:37,650
conviction, a very strong conviction in

2467
01:50:37,650 --> 01:50:39,090
the marketplace. And when you see

2468
01:50:39,090 --> 01:50:39,930
something like this where it moves,

2469
01:50:39,930 --> 01:50:42,060
several hundred pips, retail traders

2470
01:50:42,060 --> 01:50:44,160
can't do that. So that's the elephant

2471
01:50:44,160 --> 01:50:45,810
putting his foot in the water. And when

2472
01:50:45,810 --> 01:50:47,880
price comes back down, okay, it gets

2473
01:50:47,880 --> 01:50:49,200
back in the same area, we can reasonably

2474
01:50:49,200 --> 01:50:50,880
expect to see it to do what we expect it

2475
01:50:50,880 --> 01:50:52,920
to rally. And when it rallies up and

2476
01:50:52,920 --> 01:50:54,480
breaks these highs, we know that they

2477
01:50:54,480 --> 01:50:56,640
are really putting an effort to keep

2478
01:50:56,640 --> 01:50:59,100
this thing going moving higher. Now

2479
01:50:59,100 --> 01:51:00,630
watch, we're getting anything out. huge

2480
01:51:00,630 --> 01:51:03,960
leap forward. Okay, this area here

2481
01:51:04,050 --> 01:51:05,820
because we use this first candle, it's

2482
01:51:05,820 --> 01:51:08,430
the bearish candle. Okay prior to the

2483
01:51:08,430 --> 01:51:12,240
first rally if we took this down to a

2484
01:51:12,240 --> 01:51:14,250
lower timeframe, what do you think this

2485
01:51:14,250 --> 01:51:16,770
is going to be? It's going to be a

2486
01:51:16,890 --> 01:51:20,430
market structure or a market flow or

2487
01:51:20,430 --> 01:51:22,830
order flow reference point where if it

2488
01:51:22,830 --> 01:51:24,360
breaks to the higher side we would

2489
01:51:24,360 --> 01:51:26,910
expect to see what bullish prices okay?

2490
01:51:27,540 --> 01:51:31,770
But also it's during down candles okay

2491
01:51:31,770 --> 01:51:34,620
or down moves is when the Smart Money

2492
01:51:34,620 --> 01:51:37,950
accumulates positions. Let me say that

2493
01:51:37,950 --> 01:51:39,000
one more time because it went right over

2494
01:51:39,000 --> 01:51:42,780
your head I'm sure. Smart Money or

2495
01:51:42,810 --> 01:51:46,050
professional traders do their buying on

2496
01:51:46,050 --> 01:51:50,610
down moves. They do not chase price.

2497
01:51:50,940 --> 01:51:53,790
They buy it when it's going down. Okay.

2498
01:51:54,690 --> 01:51:59,130
When the market strong harms were struck

2499
01:52:00,660 --> 01:52:01,350
Smart Money

2500
01:52:01,410 --> 01:52:04,200
traders want to sell, they sell when the

2501
01:52:04,200 --> 01:52:06,660
markets rallying up, they don't sell it

2502
01:52:06,930 --> 01:52:09,420
when it's dropping down. Okay, so have

2503
01:52:09,420 --> 01:52:11,370
that in your little notebook, you want

2504
01:52:11,370 --> 01:52:13,260
to be doing the same thing, which is one

2505
01:52:13,260 --> 01:52:15,690
of the strongest components that makes

2506
01:52:15,690 --> 01:52:17,520
up my trading because I'm a buyer when

2507
01:52:17,520 --> 01:52:20,070
the markets moving lower. If you were

2508
01:52:20,070 --> 01:52:23,100
watching this series of two days here on

2509
01:52:23,100 --> 01:52:25,140
an intraday basis, this probably looked

2510
01:52:25,140 --> 01:52:26,610
like this was like a bat out of hell.

2511
01:52:26,700 --> 01:52:28,380
Okay, screaming lower and it's probably

2512
01:52:28,380 --> 01:52:29,640
gonna keep on trading Lower, lower

2513
01:52:29,640 --> 01:52:32,940
lower. You have to understand on this

2514
01:52:32,940 --> 01:52:34,530
higher timeframe daily chart what was

2515
01:52:34,530 --> 01:52:38,610
taking place. See this whole area here

2516
01:52:38,610 --> 01:52:41,610
we just blocked out. We have two areas

2517
01:52:41,610 --> 01:52:44,640
of where they have created two large

2518
01:52:44,640 --> 01:52:46,980
institutional order blocks. I'm going to

2519
01:52:46,980 --> 01:52:49,350
show you the second one that took place.

2520
01:52:50,190 --> 01:52:53,760
See the rally took off here. The bearish

2521
01:52:53,760 --> 01:52:56,070
candle right before it taken off, is

2522
01:52:56,070 --> 01:52:59,220
where you would have your expectancy of

2523
01:52:59,610 --> 01:53:01,080
market Structure shifting on the bullish

2524
01:53:01,080 --> 01:53:04,260
side right in here okay. Now as price

2525
01:53:04,260 --> 01:53:08,970
rallies off this low here okay and again

2526
01:53:09,420 --> 01:53:11,580
think this is a consolidation in here so

2527
01:53:11,580 --> 01:53:12,750
with this consolidation there's

2528
01:53:12,750 --> 01:53:16,050
opportunity being bred okay and as the

2529
01:53:16,050 --> 01:53:19,410
market moves higher okay it moves up in

2530
01:53:19,410 --> 01:53:22,650
a rally and again you can day trade in

2531
01:53:22,650 --> 01:53:25,020
these moves following that consider a

2532
01:53:25,020 --> 01:53:28,080
daily chart. So, moving within this

2533
01:53:28,110 --> 01:53:31,200
price swing we can reasonably expect you

2534
01:53:31,950 --> 01:53:35,100
intraday trading opportunities which is

2535
01:53:35,100 --> 01:53:37,890
beyond the scope of this teaching again

2536
01:53:37,890 --> 01:53:42,720
but as price moves up and makes us price

2537
01:53:42,720 --> 01:53:47,070
swing here starts to retrace back in we

2538
01:53:47,070 --> 01:53:51,300
have to order block areas that may be

2539
01:53:51,750 --> 01:53:54,480
utilized as retracement opportunities.

2540
01:53:55,020 --> 01:53:57,630
Okay, you have this one here with this

2541
01:53:58,590 --> 01:54:02,730
candle here which is free Down candle

2542
01:54:02,730 --> 01:54:04,920
prior to the rally up in here, okay, so

2543
01:54:04,920 --> 01:54:06,420
above this high here would be the

2544
01:54:06,420 --> 01:54:08,340
indication of a market structure shift

2545
01:54:08,670 --> 01:54:11,100
on a lower timeframe. So when it breaks

2546
01:54:11,100 --> 01:54:12,720
above that if it comes back down to that

2547
01:54:12,720 --> 01:54:15,600
same point of origin, this will be a

2548
01:54:15,630 --> 01:54:18,180
likely candidate for a buy. Now I want

2549
01:54:18,180 --> 01:54:20,910
to draw your attention to here is the

2550
01:54:20,910 --> 01:54:24,180
fact that we didn't get lower than these

2551
01:54:24,180 --> 01:54:27,030
lows here really doesn't negate the

2552
01:54:27,090 --> 01:54:29,880
validity of this potential area. It just

2553
01:54:29,880 --> 01:54:32,040
means that they have enough of their

2554
01:54:32,040 --> 01:54:34,920
orders established in this area here on

2555
01:54:34,920 --> 01:54:38,010
this front prior to this candle making

2556
01:54:38,010 --> 01:54:39,900
this here. Now what's this down move

2557
01:54:39,900 --> 01:54:42,630
here? All these candles moving up,

2558
01:54:42,930 --> 01:54:45,120
breaking the swing high here. Okay, this

2559
01:54:45,120 --> 01:54:47,880
is the first down candle high above this

2560
01:54:47,880 --> 01:54:50,160
candle here. When it broke here, market

2561
01:54:50,160 --> 01:54:52,260
structure in the lower timeframes was

2562
01:54:52,260 --> 01:54:55,500
bullish. Okay. So when we see that price

2563
01:54:55,500 --> 01:54:57,330
comes right back down, gets into the

2564
01:54:57,330 --> 01:54:58,890
same order block here now one a little

2565
01:54:58,890 --> 01:55:01,950
bit lower again. But if we extend this

2566
01:55:01,950 --> 01:55:06,300
in time, I'm going to illustrate what it

2567
01:55:06,300 --> 01:55:08,280
is specifically that's going on on an

2568
01:55:08,280 --> 01:55:10,590
institutional level that you need to be

2569
01:55:10,590 --> 01:55:13,200
aware of to help you with your trading.

2570
01:55:15,090 --> 01:55:16,530
And I'm going to take these lines off

2571
01:55:16,530 --> 01:55:19,710
because they no longer are serving a

2572
01:55:19,710 --> 01:55:24,060
purpose. Okay, so price comes down. And

2573
01:55:24,060 --> 01:55:25,620
again, remember these these days here

2574
01:55:25,620 --> 01:55:29,190
we're talking about earlier if you as

2575
01:55:29,190 --> 01:55:31,620
price ran up, here, we were in that

2576
01:55:31,620 --> 01:55:35,580
bullish environment where the averages

2577
01:55:35,580 --> 01:55:37,650
were indicating that we're likely to see

2578
01:55:37,650 --> 01:55:40,170
upward pressure. When price came down

2579
01:55:40,170 --> 01:55:43,380
like this, we can sit back and wait for

2580
01:55:43,380 --> 01:55:45,300
price to enter back into an area of

2581
01:55:45,330 --> 01:55:50,220
potential institutional order. So when

2582
01:55:50,220 --> 01:55:51,930
we have price moving back into that,

2583
01:55:52,410 --> 01:55:55,500
this is where we start understanding the

2584
01:55:55,500 --> 01:55:58,170
mechanics behind the ICT optimal trade

2585
01:55:58,170 --> 01:56:00,300
entry pattern. And let's Let's take a

2586
01:56:00,300 --> 01:56:07,380
look at that now. We have the swing here

2587
01:56:07,380 --> 01:56:10,470
from this low up to this range high

2588
01:56:10,470 --> 01:56:13,860
here. Okay, so we have the low here and

2589
01:56:13,860 --> 01:56:15,810
the high here, price comes down and

2590
01:56:15,810 --> 01:56:19,170
slams right into that 70.5 level or

2591
01:56:19,170 --> 01:56:22,080
sweetspot like I like to call it that

2592
01:56:22,080 --> 01:56:23,340
means you could be buying anywhere

2593
01:56:23,340 --> 01:56:25,950
around that 130 big figure not factoring

2594
01:56:25,950 --> 01:56:27,660
in the spread obviously about three pips

2595
01:56:27,660 --> 01:56:30,870
as this is a safe bet, in this case 130

2596
01:56:30,870 --> 01:56:34,740
oh six or 135 is a good number that you

2597
01:56:34,740 --> 01:56:41,100
can try to get long in the the low prior

2598
01:56:41,100 --> 01:56:43,680
to that this swing low here would be a

2599
01:56:44,250 --> 01:56:47,610
possible scenario to had you are

2600
01:56:47,700 --> 01:56:50,490
expecting this candle here. If it dipped

2601
01:56:50,490 --> 01:56:52,500
down lower, we could have caught 260 2%

2602
01:56:52,500 --> 01:56:54,660
there. Okay, so I get a lot of questions

2603
01:56:54,660 --> 01:56:57,360
on why I move my fib to certain swings

2604
01:56:57,360 --> 01:56:59,160
and such. And now you're understanding

2605
01:56:59,190 --> 01:57:00,630
really the mechanics Find it all.

2606
01:57:01,170 --> 01:57:04,890
So let's look at the optimal trade entry

2607
01:57:04,890 --> 01:57:07,980
a little bit closer and understand some,

2608
01:57:08,250 --> 01:57:11,100
some central tenants to it and what's

2609
01:57:11,190 --> 01:57:13,470
specifically that pattern really

2610
01:57:13,470 --> 01:57:17,820
capitalizes on when we have a market

2611
01:57:18,150 --> 01:57:21,330
take out a swing high like this, okay?

2612
01:57:22,080 --> 01:57:25,380
We have institutional sponsorship that

2613
01:57:25,380 --> 01:57:27,780
takes the market above Okay, and when it

2614
01:57:27,780 --> 01:57:30,330
returns back into an area of previous

2615
01:57:30,330 --> 01:57:33,480
consolidation, we expect that to

2616
01:57:34,890 --> 01:57:37,800
reposition or assume more Long's. Okay.

2617
01:57:38,220 --> 01:57:39,870
So I was preparing orders in here.

2618
01:57:40,050 --> 01:57:41,670
They're allowing the market participants

2619
01:57:41,730 --> 01:57:44,790
okay to see this quick drop down. Okay.

2620
01:57:44,790 --> 01:57:46,530
And that's one of the things I find kind

2621
01:57:46,530 --> 01:57:49,470
of interesting when when the markets are

2622
01:57:49,740 --> 01:57:52,440
predisposed to go higher. They had these

2623
01:57:52,440 --> 01:57:55,470
really one or two quick down dynamic

2624
01:57:55,470 --> 01:57:57,870
days, okay, it kind of gets you all

2625
01:57:58,320 --> 01:57:59,820
flustered and thinking, you know, hey,

2626
01:57:59,820 --> 01:58:01,140
look This mark is probably going to go

2627
01:58:01,140 --> 01:58:03,900
lower. And if you're really sensitive to

2628
01:58:03,900 --> 01:58:06,030
the lower timeframes, like you know, one

2629
01:58:06,030 --> 01:58:09,000
515 minutes, or even less than hourly in

2630
01:58:09,000 --> 01:58:11,970
any capacity, it's very easy to swing

2631
01:58:12,000 --> 01:58:16,110
your daily bias based on that. And if

2632
01:58:16,110 --> 01:58:17,640
you learn to start looking at these

2633
01:58:17,640 --> 01:58:20,550
daily and four hour charts, it helps you

2634
01:58:20,550 --> 01:58:25,320
hold on to a longer term perspective and

2635
01:58:25,320 --> 01:58:27,330
you are less likely to be lulled into

2636
01:58:27,570 --> 01:58:29,520
swinging back and forth on a daily basis

2637
01:58:29,550 --> 01:58:31,230
you know, your daily basis being bullish

2638
01:58:31,230 --> 01:58:33,930
one day embarrassed the next you can see

2639
01:58:33,930 --> 01:58:36,570
really when when these moves really take

2640
01:58:36,570 --> 01:58:38,640
off, there are several days that they

2641
01:58:38,640 --> 01:58:40,590
move, okay, then you have a retrace and

2642
01:58:40,590 --> 01:58:42,840
there are several days where it moves,

2643
01:58:43,020 --> 01:58:44,820
then you retrace, then there's really

2644
01:58:44,820 --> 01:58:48,630
dynamic several days on the upside once

2645
01:58:48,630 --> 01:58:50,850
it really starts to move out. When you

2646
01:58:50,850 --> 01:58:54,120
find that it's fulfilled its order

2647
01:58:54,120 --> 01:58:56,790
block, okay. You'll see that there's

2648
01:58:56,790 --> 01:58:59,370
many times very little time for you to

2649
01:58:59,370 --> 01:59:01,530
catch up. entry point. So you got to

2650
01:59:01,530 --> 01:59:03,150
know these things in advance. And that's

2651
01:59:03,150 --> 01:59:04,800
why reacting to a price is not really

2652
01:59:04,800 --> 01:59:08,160
the best case scenario. But as price

2653
01:59:08,160 --> 01:59:11,010
moves down into this range here, okay?

2654
01:59:11,280 --> 01:59:13,050
You can actually see in this smaller

2655
01:59:13,050 --> 01:59:15,060
consolidation, okay, see this right

2656
01:59:15,060 --> 01:59:17,520
here. So don't worry, we're here. Let's

2657
01:59:17,520 --> 01:59:20,970
use this rectangle to highlight that.

2658
01:59:23,220 --> 01:59:24,570
And what we'll do is we'll actually go

2659
01:59:24,570 --> 01:59:28,320
down into a smaller timeframe for our

2660
01:59:28,320 --> 01:59:32,640
chart, and we'll study that little

2661
01:59:32,640 --> 01:59:36,120
consolidation as well. So we're going to

2662
01:59:36,120 --> 01:59:38,280
assume for a moment that you were not

2663
01:59:38,280 --> 01:59:42,480
privy to know in this order block or