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Version 1.1 by Drunk Monkey on 2020-11-20 16:36
Show last authors
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3 ICT: Okay folks, welcome to the inner
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7 circle trader scout sniper Field Guide
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11 episode For now we're gonna be
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15 discussing basic infantry In this
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19 module, and what specifically we'll be
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23 covering in this presentation, we're
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27 gonna be looking at a review of the
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31 previous episode assignment, stalking in
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35 the kill zone. We're gonna be looking at
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39 specific ICT skills are an examples
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43 since the time of our last presentation.
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47 It was released on the ninth of
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51 September 2013. When we looking at some
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55 examples from that point on to most
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59 recently and we're gonna be looking at
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63 directional bias and high probability
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67 trade framework. We're going to be
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71 revisiting the concept of why do markets
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75 move specifically dealing with the
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79 players and the game and we're gonna be
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83 looking at what makes trade setups
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87 strategically quote unquote high
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91 probability. recommend looking at ICT,
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95 no brainer direction bias concepts.
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99 We're gonna be returning to higher
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103 timeframe analysis. We're gonna be
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107 looking at high odds by framework. And
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111 we're gonna be looking at high odds sell
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115 framework. We're going to be looking at
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119 market structure and order flow
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123 conceptualized. We're gonna be
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127 discussing and unveiling institutional
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131 orders and smart money, fingerprints.
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135 And we're gonna be looking at how
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139 consolidations breed opportunity, and
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143 what we look for and why it matters.
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147 Inside these consolidations. We're gonna
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151 be looking at institutional order
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155 blocks. We're going to be looking at the
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159 concept of institutional sponsorship and
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163 what effects it has on your trading. And
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167 we're gonna be looking at a premise, I
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171 refer to as returning to the point of
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175 origin, which is basically inside the
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179 eye. optimal trade entry concept a like
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183 a nuts and bolts presentation of why
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187 it's so effective. And we're giving you
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191 more homework. Yes. This time we'll be
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195 tracking institutional price action.
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199 Okay, so let's get going.
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203 Okay, folks, we're looking at a daily
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207 chart of the Euro USD. The last episode
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211 we released was September 9 2013. In
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215 this continuing series and we discussed
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219 the likely impact that the rising yields
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223 would have on the foreign currency
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227 markets and we discussed that it would
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231 have continued upward pressure within
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235 the fiber which is the Euro USD again,
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239 real quick, let's just reflect back upon
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243 the yields and what it was doing in
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247 graphic form. And you can see that here.
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251 Can you see the rising yields okay. And
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255 when that happens, price one variably
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259 tried to chase or quote unquote seek
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263 yield and it'll be moving up in China
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267 close the gap between the the yield and
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271 the actual underlying price of the
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275 currency. Now, because this candle here
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279 delineates the actual time that
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283 recording was made, there's been a
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287 significant amount of pips moved from
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291 that date until now and we're just going
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295 to use the highest point. Okay, we're
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299 not going to use the best scenario the
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303 low we're just going to use the highest
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307 point that that candle on the ninth,
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311 okay, and we're going to discuss briefly
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315 the amount of pips that were available
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319 at 291 pips. So basically almost 300
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323 pips were made available in advance in
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327 advance in the form of discussion as
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331 upward, likely price movement. Now we
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335 had a homework assignment from Episode
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339 Three and it was trading In the zone,
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343 okay, or stalking in the kill zone, and
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347 we're going to discuss that here. Okay,
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351 and what we're going to do is we're
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355 going to move down into an hourly chart,
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359 and I'm going to delineate the ninth of
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363 September. Okay, so everything right of
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367 this vertical line, basically is
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371 referencing where we are in terms of the
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375 last recording and posting in this video
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379 series and what we're going to discuss,
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383 okay, as an example of the ICT kill
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387 zones, we we already had a premise in
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391 mind based on the analysis of the the
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395 interest rate market and how it would
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399 have a magnetic pole on price upward.
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403 Okay, and what that understanding we're
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407 going to add Okay, we're going to add
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411 the ICT kill zones, and we're going to
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415 add the vertical de delineation. Okay,
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419 again, the double bar here on Mt four.
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423 delineates weekend's we're going to be
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427 basically focusing on is the fact that
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431 we were expecting. Now I'm going to say
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435 this word, please don't take it out of
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439 context because I am not a fundamental
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443 trader, okay? as fundamental as it gets
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447 for me is interest rates, okay? But
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451 fundamentally, the driver for the Euro
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455 to be going up like it was, was that the
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459 yields were moving higher. Okay. And
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463 contrast that with the fact that we know
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467 that is the case when we see technically
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471 the 10 year yields declining, okay. So
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475 if we go to the commodity market, and we
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479 refer to the 10 year, futures market,
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483 okay, when that market is moving lower,
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487 that's actually an increase in yields.
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491 Okay. And an income increasing yield is
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495 going to be diametrically opposed. And
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499 there's going to be basically an inverse
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503 relationship between the futures price
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507 of 10 year notes and its yield, okay. So
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511 if the futures chart on bonds or Tea
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515 notes are dropping, that is an increase
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519 in yields. Okay. And that's going to be
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523 bullish for foreign currencies and
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527 bearish for the US dollar. Okay? And
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531 then conversely, if you reverse that
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535 phenomenon, and you look at when the 10
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539 year notes on a futures basis or bond
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543 market is rallying on the futures
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547 market, that's going to be a decline on
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551 yields, which will be bullish for the US
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555 dollar and bearish for foreign
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559 currencies. Okay. So that's a very quick
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563 and dirty way of understanding what risk
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567 on risk off is how I define it. Okay. So
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571 if you're looking for any fundamental
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575 drivers, okay, that's about as
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579 fundamental as it gets from me, okay.
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583 Outside of, you know, CT data and such
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587 in premiums on the front nearby mom
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591 months in the futures markets, which
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595 we'll discuss at another time. It's too
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599 vast of a subject for me to cover in
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603 this module. But there's other resources
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607 made available on the internet that I've
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611 discussed. Just either by homework or by
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615 Larry Williams in that regard. So with
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619 all that, again, we were looking for
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623 bullish movement on the Euro USD and
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627 other foreign currencies
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631 with a bearish tone in the US dollar.
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635 Now, when we have that, that backdrop on
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639 price, okay, as a technical trader, we
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643 would be focusing on one side of the
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647 market more than the other, okay? Now,
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651 that does not mean that we completely
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655 throw out every bear sell signal, it
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659 just means that we should be focusing
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663 more in our equity allocation rather
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667 when the long side of trading, okay, in
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671 other words, you'll get more bang for
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675 your buck, being a bull than you would
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679 be being embarrassed. So if you are
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683 going to be doing a trade it's counter
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687 this fundamental again, quote unquote,
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691 driver in the marketplace. Understand
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695 that number one, you're resisting the
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699 overall market pinnings Okay, now it's
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703 there's there's going to be a tug of war
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707 between you being a bear. Okay, and the
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711 smart money that is really perpetuating
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715 this market higher. So, understand that
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719 I mean, there are times where you can be
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723 right and profitable, okay in doing that
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727 being contrary, but just don't wear out
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731 You're welcome. Okay and Mary the van
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735 just get blown on the water even in the
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739 best traders in the world. Understand
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743 there's a simple premise, you just don't
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747 fight. You know, you just don't fight
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751 the tide, okay? Because if you're
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755 swimming against the tide, you're going
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759 to tie yourself out and ultimately kill
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763 yourself. But if we understand that
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767 being a bull in this environment, okay,
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771 we could have much more relaxation, much
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775 more calm as we engage the market
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779 because we know what it is specifically
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783 that we're looking for. Again, that gets
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787 back to differentiating yourself from
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791 The neophyte or the st money? Okay? We
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795 are not simply sitting down at the
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799 computer and saying, well, I feel like
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803 it's going to go up today. Okay, but the
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807 last five minutes has been going down.
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811 So let me sell, okay, that's not sound
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815 trading. Okay, that's not a plan that's
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819 reactionary trading. This whole series
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823 is delving into the importance of having
824
825 207
826 00:10:22,289 ~-~-> 00:10:24,689
827 number one, a pre determined plan of
828
829 208
830 00:10:24,689 ~-~-> 00:10:28,499
831 attack, and a pre determined method of
832
833 209
834 00:10:28,499 ~-~-> 00:10:31,589
835 attack, and then a procedure in place
836
837 210
838 00:10:31,829 ~-~-> 00:10:34,319
839 that's clearly defined, comprehensive
840
841 211
842 00:10:34,319 ~-~-> 00:10:35,909
843 and you know, specifically what you're
844
845 212
846 00:10:35,909 ~-~-> 00:10:38,159
847 doing, when you're doing it, why you're
848
849 213
850 00:10:38,159 ~-~-> 00:10:40,349
851 doing it and when you won't do it and
852
853 214
854 00:10:40,379 ~-~-> 00:10:42,029
855 the reasons why you won't be doing as
856
857 215
858 00:10:42,029 ~-~-> 00:10:47,249
859 well. So with that rant, okay, let's
860
861 216
862 00:10:47,279 ~-~-> 00:10:50,669
863 delve deeper into what specifically took
864
865 217
866 00:10:50,669 ~-~-> 00:10:53,249
867 place from this point on and how we can
868
869 218
870 00:10:53,249 ~-~-> 00:10:56,129
871 use the ICT kill zones to ferret out the
872
873 219
874 00:10:56,129 ~-~-> 00:10:58,619
875 lows in this up move that we were
876
877 220
878 00:10:58,619 ~-~-> 00:11:00,689
879 looking forward to unfold. How we could
880
881 221
882 00:11:00,689 ~-~-> 00:11:03,449
883 time scenarios where we could be a
884
885 222
886 00:11:03,659 ~-~-> 00:11:06,269
887 bullish buyer in this and possibly have
888
889 223
890 00:11:06,269 ~-~-> 00:11:07,619
891 made money, we're going to be moving
892
893 224
894 00:11:07,619 ~-~-> 00:11:11,879
895 into a 15 minute chart. Okay? And,
896
897 225
898 00:11:12,509 ~-~-> 00:11:15,689
899 again, we're going to be introducing the
900
901 226
902 00:11:15,689 ~-~-> 00:11:18,299
903 ICT kill zones, and we're going to be
904
905 227
906 00:11:19,229 ~-~-> 00:11:22,349
907 losing our vertical line here. That's
908
909 228
910 00:11:22,349 ~-~-> 00:11:27,299
911 okay. And here is the September 9
912
913 229
914 00:11:27,299 ~-~-> 00:11:29,369
915 timeframe. Okay, and we're just gonna be
916
917 230
918 00:11:29,489 ~-~-> 00:11:32,609
919 tracing this whole period on the upside.
920
921 231
922 00:11:33,269 ~-~-> 00:11:37,499
923 And we're gonna zoom in. Okay, and what
924
925 232
926 00:11:37,499 ~-~-> 00:11:42,419
927 we're looking at, again, are the red
928
929 233
930 00:11:42,809 ~-~-> 00:11:45,119
931 dashed lines here, okay? This basically
932
933 234
934 00:11:45,119 ~-~-> 00:11:47,459
935 is encapsulated. The whole London
936
937 235
938 00:11:47,459 ~-~-> 00:11:51,659
939 session, okay? And the green in here is
940
941 236
942 00:11:51,659 ~-~-> 00:11:54,779
943 basically encapsulating the New York
944
945 237
946 00:11:54,809 ~-~-> 00:11:58,379
947 open, or New York session, okay? And
948
949 238
950 00:11:58,379 ~-~-> 00:12:01,139
951 what we're looking at is how By focusing
952
953 239
954 00:12:01,139 ~-~-> 00:12:05,609
955 on catching a decline or pullback within
956
957 240
958 00:12:06,179 ~-~-> 00:12:10,319
959 that specific time window each day with
960
961 241
962 00:12:10,319 ~-~-> 00:12:14,009
963 a premise in mind where we most recently
964
965 242
966 00:12:14,129 ~-~-> 00:12:16,379
967 moved away from and where we're going to
968
969 243
970 00:12:16,379 ~-~-> 00:12:17,939
971 retrace back into in other words we had
972
973 244
974 00:12:17,939 ~-~-> 00:12:21,329
975 a range initially during the London
976
977 245
978 00:12:21,779 ~-~-> 00:12:23,579
979 session here we saw it rally up in here.
980
981 246
982 00:12:23,789 ~-~-> 00:12:25,379
983 Then it retraced within that range the
984
985 247
986 00:12:25,379 ~-~-> 00:12:27,749
987 range between this high and this low.
988
989 248
990 00:12:28,259 ~-~-> 00:12:29,879
991 Okay that retracement in here was an
992
993 249
994 00:12:29,879 ~-~-> 00:12:32,789
995 opportunity to be long as the market
996
997 250
998 00:12:32,789 ~-~-> 00:12:34,889
999 moved higher and expanded its London
1000
1001 251
1002 00:12:34,889 ~-~-> 00:12:37,169
1003 session range. Okay we had another minor
1004
1005 252
1006 00:12:37,169 ~-~-> 00:12:38,759
1007 pullback it pulled back to a dealing
1008
1009 253
1010 00:12:38,759 ~-~-> 00:12:41,489
1011 range high in here and then moves on out
1012
1013 254
1014 00:12:41,699 ~-~-> 00:12:43,889
1015 and then we entered into the New York
1016
1017 255
1018 00:12:43,889 ~-~-> 00:12:46,559
1019 kill zone, rallied up the retracement in
1020
1021 256
1022 00:12:46,559 ~-~-> 00:12:48,629
1023 here. While there was nothing sufficient
1024
1025 257
1026 00:12:48,629 ~-~-> 00:12:49,829
1027 over here in terms of support
1028
1029 258
1030 00:12:49,829 ~-~-> 00:12:52,019
1031 resistance. We will talk about these
1032
1033 259
1034 00:12:52,019 ~-~-> 00:12:54,209
1035 pauses in this video module and how it's
1036
1037 260
1038 00:12:54,209 ~-~-> 00:12:57,209
1039 useful to you. But nice moved up and
1040
1041 261
1042 00:12:57,209 ~-~-> 00:12:58,949
1043 then say moved and made a high outside
1044
1045 262
1046 00:12:58,949 ~-~-> 00:13:03,209
1047 of the New York session. And, or at
1048
1049 263
1050 00:13:03,209 ~-~-> 00:13:04,589
1051 least in New York kill zone, it's not
1052
1053 264
1054 00:13:04,589 ~-~-> 00:13:06,119
1055 the session itself that was outside of
1056
1057 265
1058 00:13:06,239 ~-~-> 00:13:09,569
1059 time when I clearly defined. Now, when
1060
1061 266
1062 00:13:09,569 ~-~-> 00:13:11,429
1063 you see me moving the cursor across the
1064
1065 267
1066 00:13:11,489 ~-~-> 00:13:14,069
1067 chart, don't be discouraged, okay? or
1068
1069 268
1070 00:13:14,069 ~-~-> 00:13:16,949
1071 confused because this says ICT Asian
1072
1073 269
1074 00:13:16,949 ~-~-> 00:13:19,949
1075 range, what I'm using is the MT four
1076
1077 270
1078 00:13:20,579 ~-~-> 00:13:24,179
1079 indicator. Okay, that's usually used for
1080
1081 271
1082 00:13:24,179 ~-~-> 00:13:27,449
1083 my Asian range barriers like we're
1084
1085 272
1086 00:13:27,449 ~-~-> 00:13:29,129
1087 seeing here, the upper and lower for New
1088
1089 273
1090 00:13:29,129 ~-~-> 00:13:30,689
1091 York, all I did was change the time
1092
1093 274
1094 00:13:30,689 ~-~-> 00:13:33,689
1095 parameters to encapsulate the specific
1096
1097 275
1098 00:13:33,719 ~-~-> 00:13:35,399
1099 New York and London sessions. Okay, so
1100
1101 276
1102 00:13:35,609 ~-~-> 00:13:37,199
1103 if I do Passover, and you see these
1104
1105 277
1106 00:13:37,199 ~-~-> 00:13:38,459
1107 little boxes popping up and you're
1108
1109 278
1110 00:13:38,459 ~-~-> 00:13:39,809
1111 wondering what it's saying, or if you
1112
1113 279
1114 00:13:39,809 ~-~-> 00:13:41,939
1115 catch it, it says that don't be confused
1116
1117 280
1118 00:13:41,969 ~-~-> 00:13:43,499
1119 simply because I'm using the indicator
1120
1121 281
1122 00:13:43,499 ~-~-> 00:13:46,949
1123 itself that I named ICT Asian range is
1124
1125 282
1126 00:13:46,949 ~-~-> 00:13:48,839
1127 this it's multi, it's a multi useful,
1128
1129 283
1130 00:13:48,929 ~-~-> 00:13:51,149
1131 okay, you can use use it for different
1132
1133 284
1134 00:13:51,149 ~-~-> 00:13:52,529
1135 things as we're seeing showing here.
1136
1137 285
1138 00:13:54,269 ~-~-> 00:13:56,969
1139 Now, this day, here's Monday on the
1140
1141 286
1142 00:13:56,969 ~-~-> 00:13:59,789
1143 ninth, okay. Now, that was the date that
1144
1145 287
1146 00:13:59,789 ~-~-> 00:14:03,059
1147 we were least the previous installment
1148
1149 288
1150 00:14:03,569 ~-~-> 00:14:06,989
1151 in this series. This is the Tuesday.
1152
1153 289
1154 00:14:07,379 ~-~-> 00:14:09,479
1155 Okay? And now what we're going to talk
1156
1157 290
1158 00:14:09,479 ~-~-> 00:14:13,199
1159 about is how we use these sessions,
1160
1161 291
1162 00:14:13,349 ~-~-> 00:14:15,419
1163 okay? with the understanding of
1164
1165 292
1166 00:14:15,419 ~-~-> 00:14:18,869
1167 expectancy moving higher in price. Okay?
1168
1169 293
1170 00:14:18,899 ~-~-> 00:14:22,079
1171 There's highs and lows within these time
1172
1173 294
1174 00:14:22,079 ~-~-> 00:14:25,169
1175 windows. Okay? We have the low, we have
1176
1177 295
1178 00:14:25,169 ~-~-> 00:14:28,139
1179 a high and in between there, okay? Any
1180
1181 296
1182 00:14:28,139 ~-~-> 00:14:30,539
1183 swing high or low is useful? This one
1184
1185 297
1186 00:14:30,539 ~-~-> 00:14:34,919
1187 here, this one here, okay. Inside the
1188
1189 298
1190 00:14:34,919 ~-~-> 00:14:37,829
1191 New York session. Okay, we have a low
1192
1193 299
1194 00:14:37,829 ~-~-> 00:14:41,189
1195 here and we have a high here. Okay. And
1196
1197 300
1198 00:14:41,189 ~-~-> 00:14:42,989
1199 on the following day on this Tuesday,
1200
1201 301
1202 00:14:43,109 ~-~-> 00:14:46,109
1203 this was September 10. We had the range
1204
1205 302
1206 00:14:46,139 ~-~-> 00:14:49,259
1207 from here to here for the London
1208
1209 303
1210 00:14:49,259 ~-~-> 00:14:51,629
1211 session. And the New York session is
1212
1213 304
1214 00:14:51,629 ~-~-> 00:14:56,129
1215 here. Okay, so inside of that, you can
1216
1217 305
1218 00:14:56,129 ~-~-> 00:14:57,479
1219 see that there are swing highs and swing
1220
1221 306
1222 00:14:57,479 ~-~-> 00:15:01,019
1223 lows that are useful as well. By
1224
1225 307
1226 00:15:01,019 ~-~-> 00:15:03,149
1227 understanding that, okay, and
1228
1229 308
1230 00:15:03,149 ~-~-> 00:15:05,819
1231 understanding the concept of the range
1232
1233 309
1234 00:15:05,849 ~-~-> 00:15:07,979
1235 or previous day's range or session
1236
1237 310
1238 00:15:08,009 ~-~-> 00:15:11,009
1239 ranges, okay, that being here's the
1240
1241 311
1242 00:15:11,039 ~-~-> 00:15:15,479
1243 previous New York session range. This is
1244
1245 312
1246 00:15:15,479 ~-~-> 00:15:18,089
1247 a low in here, okay? And what we'll do
1248
1249 313
1250 00:15:18,089 ~-~-> 00:15:19,889
1251 is we're going to highlight an
1252
1253 314
1254 00:15:19,889 ~-~-> 00:15:21,809
1255 opportunity that could have presented
1256
1257 315
1258 00:15:21,809 ~-~-> 00:15:25,499
1259 itself to you as a trader. From that low
1260
1261 316
1262 00:15:25,499 ~-~-> 00:15:27,929
1263 to the high. Okay, I'm going to move
1264
1265 317
1266 00:15:27,929 ~-~-> 00:15:29,189
1267 over here, you can see
1268
1269 318
1270 00:15:30,540 ~-~-> 00:15:31,530
1271 how price
1272
1273 319
1274 00:15:31,830 ~-~-> 00:15:34,650
1275 moves down into to the optimal trade
1276
1277 320
1278 00:15:34,650 ~-~-> 00:15:36,840
1279 entry area here, which is between the 62
1280
1281 321
1282 00:15:36,840 ~-~-> 00:15:38,340
1283 and 79 cent retracement levels
1284
1285 322
1286 00:15:38,340 ~-~-> 00:15:40,350
1287 respectively. It went right down to the
1288
1289 323
1290 00:15:40,350 ~-~-> 00:15:41,670
1291 sweet spot, which is essentially the
1292
1293 324
1294 00:15:41,670 ~-~-> 00:15:46,350
1295 70.5 Fibonacci level. Okay, seven 0.5.
1296
1297 325
1298 00:15:47,070 ~-~-> 00:15:52,890
1299 You will have to set your platform up if
1300
1301 326
1302 00:15:52,890 ~-~-> 00:15:55,290
1303 it's not empty for your own way. I don't
1304
1305 327
1306 00:15:55,290 ~-~-> 00:15:57,720
1307 know how to do what platform you're
1308
1309 328
1310 00:15:57,720 ~-~-> 00:15:59,790
1311 using. And I really would rather avoid
1312
1313 329
1314 00:16:00,540 ~-~-> 00:16:03,420
1315 Going through a long list of possible
1316
1317 330
1318 00:16:03,480 ~-~-> 00:16:05,460
1319 emails saying, Well, can you help me do
1320
1321 331
1322 00:16:05,460 ~-~-> 00:16:08,220
1323 it with this platform? I'm pretty much
1324
1325 332
1326 00:16:08,310 ~-~-> 00:16:12,720
1327 limited to just using, you know, what we
1328
1329 333
1330 00:16:12,720 ~-~-> 00:16:14,910
1331 have here, okay mp4 because I don't want
1332
1333 334
1334 00:16:14,910 ~-~-> 00:16:18,540
1335 to get into, you know, I'm long winded
1336
1337 335
1338 00:16:19,140 ~-~-> 00:16:22,230
1339 explanation of what possible platforms
1340
1341 336
1342 00:16:22,230 ~-~-> 00:16:24,180
1343 you could be using. And then we get into
1344
1345 337
1346 00:16:24,180 ~-~-> 00:16:26,250
1347 conversation of which one I advise over
1348
1349 338
1350 00:16:26,250 ~-~-> 00:16:28,230
1351 that. So I use a very generic one empty
1352
1353 339
1354 00:16:28,230 ~-~-> 00:16:30,600
1355 for, okay, that way everybody's readily
1356
1357 340
1358 00:16:30,600 ~-~-> 00:16:33,090
1359 accessible. It's free, it doesn't cost
1360
1361 341
1362 00:16:33,090 ~-~-> 00:16:35,310
1363 you anything. And it's pretty much
1364
1365 342
1366 00:16:35,310 ~-~-> 00:16:37,080
1367 universal. And then you can delve into
1368
1369 343
1370 00:16:37,080 ~-~-> 00:16:39,180
1371 other platforms where you see its
1372
1373 344
1374 00:16:39,330 ~-~-> 00:16:43,740
1375 usefulness. So we have we did deviate
1376
1377 345
1378 00:16:43,770 ~-~-> 00:16:46,020
1379 outside of that, that range here, okay,
1380
1381 346
1382 00:16:46,020 ~-~-> 00:16:49,320
1383 by the define terms of the st Killzone
1384
1385 347
1386 00:16:49,350 ~-~-> 00:16:50,850
1387 for this series. Now, they're saying
1388
1389 348
1390 00:16:50,850 ~-~-> 00:16:53,370
1391 there's small variances in the times
1392
1393 349
1394 00:16:53,370 ~-~-> 00:16:54,960
1395 that I'm using for this one, and the
1396
1397 350
1398 00:16:54,960 ~-~-> 00:16:56,490
1399 ones that I use for my own trading. So
1400
1401 351
1402 00:16:56,490 ~-~-> 00:16:58,800
1403 please, don't take that comment. Say,
1404
1405 352
1406 00:16:58,800 ~-~-> 00:17:00,210
1407 well look at this. He's not even Teach
1408
1409 353
1410 00:17:00,210 ~-~-> 00:17:03,960
1411 him what he uses. I took a lot of time
1412
1413 354
1414 00:17:04,680 ~-~-> 00:17:07,410
1415 to eliminate a lot of the stumbling
1416
1417 355
1418 00:17:07,410 ~-~-> 00:17:10,920
1419 blocks that I see in email form. Okay,
1420
1421 356
1422 00:17:10,920 ~-~-> 00:17:12,450
1423 because over the last three and a half
1424
1425 357
1426 00:17:12,450 ~-~-> 00:17:15,060
1427 years, I have been inundated with
1428
1429 358
1430 00:17:15,090 ~-~-> 00:17:19,170
1431 reoccurring questions about what time
1432
1433 359
1434 00:17:19,170 ~-~-> 00:17:20,910
1435 window is this and what would that be in
1436
1437 360
1438 00:17:20,910 ~-~-> 00:17:23,610
1439 my timeframe over my global position
1440
1441 361
1442 00:17:23,610 ~-~-> 00:17:27,090
1443 around the planet? And I readily admit,
1444
1445 362
1446 00:17:27,090 ~-~-> 00:17:28,650
1447 it's a very confusing topic for me.
1448
1449 363
1450 00:17:28,860 ~-~-> 00:17:31,560
1451 Okay, so I understand it's, it's
1452
1453 364
1454 00:17:31,560 ~-~-> 00:17:33,450
1455 confusing for other people and as a
1456
1457 365
1458 00:17:33,450 ~-~-> 00:17:35,790
1459 mentor, that's one of my weak points,
1460
1461 366
1462 00:17:35,790 ~-~-> 00:17:37,770
1463 communicating that effectively. Okay,
1464
1465 367
1466 00:17:37,800 ~-~-> 00:17:40,770
1467 and to eliminate that I just simply gave
1468
1469 368
1470 00:17:40,770 ~-~-> 00:17:43,350
1471 you a very generic time window for
1472
1473 369
1474 00:17:43,380 ~-~-> 00:17:46,230
1475 London and New York sessions. And if you
1476
1477 370
1478 00:17:46,230 ~-~-> 00:17:48,870
1479 hunt during those time windows, you'll
1480
1481 371
1482 00:17:48,870 ~-~-> 00:17:50,850
1483 find more than enough opportunities,
1484
1485 372
1486 00:17:50,940 ~-~-> 00:17:52,980
1487 okay. And none of my tools are going to
1488
1489 373
1490 00:17:52,980 ~-~-> 00:17:56,790
1491 give you every single trade. Okay? You
1492
1493 374
1494 00:17:56,790 ~-~-> 00:17:58,200
1495 could probably go back in hindsight and
1496
1497 375
1498 00:17:58,200 ~-~-> 00:18:00,600
1499 find where it was useful to you. Okay,
1500
1501 376
1502 00:18:00,870 ~-~-> 00:18:03,210
1503 but don't have such high demand on these
1504
1505 377
1506 00:18:03,210 ~-~-> 00:18:05,040
1507 tools expecting you to get every single
1508
1509 378
1510 00:18:05,040 ~-~-> 00:18:07,260
1511 high end low, every single movement in
1512
1513 379
1514 00:18:07,260 ~-~-> 00:18:09,090
1515 the marketplace, okay? That's not what
1516
1517 380
1518 00:18:09,090 ~-~-> 00:18:10,620
1519 I'm teaching. That's not what I'm
1520
1521 381
1522 00:18:10,620 ~-~-> 00:18:12,840
1523 promising you, I'm promising you an
1524
1525 382
1526 00:18:12,840 ~-~-> 00:18:15,990
1527 edge. That's it. Okay. So how you tweak
1528
1529 383
1530 00:18:15,990 ~-~-> 00:18:17,910
1531 that edge and how you use that edge is
1532
1533 384
1534 00:18:17,910 ~-~-> 00:18:20,070
1535 completely and utterly up to how you
1536
1537 385
1538 00:18:20,070 ~-~-> 00:18:24,720
1539 employ and work at. Okay. So on Tuesday,
1540
1541 386
1542 00:18:24,750 ~-~-> 00:18:26,970
1543 we saw the market, make a significant
1544
1545 387
1546 00:18:27,210 ~-~-> 00:18:30,030
1547 low here, and then rally up. Okay, and
1548
1549 388
1550 00:18:30,030 ~-~-> 00:18:31,950
1551 going into that Wednesday of that week,
1552
1553 389
1554 00:18:31,980 ~-~-> 00:18:34,350
1555 we saw price move down, making a low in
1556
1557 390
1558 00:18:34,350 ~-~-> 00:18:36,510
1559 London, okay, and then London kills them
1560
1561 391
1562 00:18:36,510 ~-~-> 00:18:37,890
1563 when it would be reasonably expected to
1564
1565 392
1566 00:18:37,890 ~-~-> 00:18:40,860
1567 form Okay, and you could take the low
1568
1569 393
1570 00:18:40,890 ~-~-> 00:18:43,470
1571 from the previous day, up to the highest
1572
1573 394
1574 00:18:43,470 ~-~-> 00:18:45,720
1575 high prior to moving into the London
1576
1577 395
1578 00:18:45,720 ~-~-> 00:18:47,100
1579 session, okay, because what you're doing
1580
1581 396
1582 00:18:47,100 ~-~-> 00:18:47,880
1583 is is you're looking for that
1584
1585 397
1586 00:18:47,880 ~-~-> 00:18:51,270
1587 retracement back inside of the range.
1588
1589 398
1590 00:18:51,780 ~-~-> 00:18:54,960
1591 Okay, and, again, we see the low to the
1592
1593 399
1594 00:18:54,960 ~-~-> 00:18:57,540
1595 highest high here prior to it moving
1596
1597 400
1598 00:18:57,540 ~-~-> 00:18:59,520
1599 into the London session. Okay, price
1600
1601 401
1602 00:18:59,520 ~-~-> 00:19:01,170
1603 comes right down. into again, the
1604
1605 402
1606 00:19:01,170 ~-~-> 00:19:04,920
1607 optimal trade entry region and price
1608
1609 403
1610 00:19:04,920 ~-~-> 00:19:07,290
1611 rallies up. Okay, if you initially
1612
1613 404
1614 00:19:07,470 ~-~-> 00:19:09,630
1615 missed that opportunity, it gives you
1616
1617 405
1618 00:19:09,630 ~-~-> 00:19:12,060
1619 another opportunity to catch a ride on
1620
1621 406
1622 00:19:12,060 ~-~-> 00:19:14,190
1623 this move up in the form of this
1624
1625 407
1626 00:19:14,220 ~-~-> 00:19:16,320
1627 pullback here. So you could use this
1628
1629 408
1630 00:19:16,320 ~-~-> 00:19:18,000
1631 swing low and again, let me take this
1632
1633 409
1634 00:19:18,000 ~-~-> 00:19:20,220
1635 off because we're already getting busy.
1636
1637 410
1638 00:19:20,880 ~-~-> 00:19:22,920
1639 You could use this swing low to this
1640
1641 411
1642 00:19:22,920 ~-~-> 00:19:24,750
1643 swing high in London, and you'll get
1644
1645 412
1646 00:19:24,750 ~-~-> 00:19:27,150
1647 this right in here as a retracement.
1648
1649 413
1650 00:19:28,680 ~-~-> 00:19:29,580
1651 Okay, and
1652
1653 414
1654 00:19:30,450 ~-~-> 00:19:33,990
1655 don't be thrown off also with the breaks
1656
1657 415
1658 00:19:33,990 ~-~-> 00:19:36,300
1659 between again i'm sure you hear the time
1660
1661 416
1662 00:19:36,300 ~-~-> 00:19:38,700
1663 between the London kill zone here. And
1664
1665 417
1666 00:19:38,700 ~-~-> 00:19:41,700
1667 here. There's an overlapping between
1668
1669 418
1670 00:19:41,700 ~-~-> 00:19:44,640
1671 these two sessions that is very busy.
1672
1673 419
1674 00:19:44,790 ~-~-> 00:19:46,620
1675 Okay, there's a small little period
1676
1677 420
1678 00:19:46,620 ~-~-> 00:19:50,340
1679 around 5am New York time, or 10 GMT
1680
1681 421
1682 00:19:50,820 ~-~-> 00:19:52,380
1683 where you may get a little bit of a
1684
1685 422
1686 00:19:52,500 ~-~-> 00:19:56,280
1687 pause or a breather. That's, you know,
1688
1689 423
1690 00:19:56,790 ~-~-> 00:19:58,860
1691 not guaranteed to happen always. Many
1692
1693 424
1694 00:19:58,860 ~-~-> 00:20:01,110
1695 times, you'll see prices yawn blow
1696
1697 425
1698 00:20:01,440 ~-~-> 00:20:04,200
1699 through that time pocket of, you know
1700
1701 426
1702 00:20:05,460 ~-~-> 00:20:10,320
1703 10am till 11 GMT it would be foolish of
1704
1705 427
1706 00:20:10,320 ~-~-> 00:20:11,970
1707 me to advise you to always expect it to
1708
1709 428
1710 00:20:11,970 ~-~-> 00:20:13,830
1711 be a little pause in here, but you can
1712
1713 429
1714 00:20:13,860 ~-~-> 00:20:16,500
1715 reasonably expect it, treat it like a
1716
1717 430
1718 00:20:16,530 ~-~-> 00:20:18,720
1719 you know a launch, okay where there's a
1720
1721 431
1722 00:20:18,720 ~-~-> 00:20:20,430
1723 small little consolidation and all of a
1724
1725 432
1726 00:20:20,430 ~-~-> 00:20:23,280
1727 sudden it'll it'll take off in the trend
1728
1729 433
1730 00:20:23,310 ~-~-> 00:20:25,110
1731 direction that's established by the
1732
1733 434
1734 00:20:25,110 ~-~-> 00:20:27,660
1735 London session. Okay, so we have a low
1736
1737 435
1738 00:20:27,660 ~-~-> 00:20:30,150
1739 forming here on this day again looking
1740
1741 436
1742 00:20:30,150 ~-~-> 00:20:32,760
1743 for retracements to buy off of this was
1744
1745 437
1746 00:20:32,760 ~-~-> 00:20:35,070
1747 one, this one in here, and then you have
1748
1749 438
1750 00:20:35,070 ~-~-> 00:20:37,110
1751 one in the New York session here as
1752
1753 439
1754 00:20:37,110 ~-~-> 00:20:38,850
1755 well. You can take this swing low
1756
1757 440
1758 00:20:41,579 ~-~-> 00:20:42,209
1759 and
1760
1761 441
1762 00:20:43,710 ~-~-> 00:20:46,890
1763 to this high here, okay, and the 62%
1764
1765 442
1766 00:20:46,890 ~-~-> 00:20:47,940
1767 trace low and it may be a little
1768
1769 443
1770 00:20:47,940 ~-~-> 00:20:50,610
1771 difficult to see so I'll do my best to
1772
1773 444
1774 00:20:52,560 ~-~-> 00:20:54,090
1775 draw a little bit tighter to see that
1776
1777 445
1778 00:20:54,570 ~-~-> 00:20:56,670
1779 the 62% retracement lays right on top of
1780
1781 446
1782 00:20:56,670 ~-~-> 00:20:59,100
1783 that line that would delineates the New
1784
1785 447
1786 00:20:59,100 ~-~-> 00:21:01,860
1787 York session beginning The least the
1788
1789 448
1790 00:21:01,860 ~-~-> 00:21:04,590
1791 boundary time, and then price rally or
1792
1793 449
1794 00:21:04,590 ~-~-> 00:21:04,830
1795 not.
1796
1797 450
1798 00:21:06,990 ~-~-> 00:21:07,650
1799 I actually
1800
1801 451
1802 00:21:08,520 ~-~-> 00:21:10,590
1803 took this trade, okay, so it's not like
1804
1805 452
1806 00:21:10,590 ~-~-> 00:21:12,480
1807 it's something that's purely hindsight.
1808
1809 453
1810 00:21:12,840 ~-~-> 00:21:14,760
1811 And if I'm questioned or whatever I can
1812
1813 454
1814 00:21:14,760 ~-~-> 00:21:17,010
1815 show you documentation about the trade
1816
1817 455
1818 00:21:17,010 ~-~-> 00:21:19,140
1819 and the actual real results, not a demo
1820
1821 456
1822 00:21:19,140 ~-~-> 00:21:24,330
1823 trade. And the end, the opportunity to
1824
1825 457
1826 00:21:24,330 ~-~-> 00:21:27,690
1827 continue moving higher in intraday in
1828
1829 458
1830 00:21:27,690 ~-~-> 00:21:29,730
1831 here also was available and you could
1832
1833 459
1834 00:21:29,730 ~-~-> 00:21:31,860
1835 have caught some further upside as well.
1836
1837 460
1838 00:21:32,130 ~-~-> 00:21:34,380
1839 But that's outside the scope of this
1840
1841 461
1842 00:21:34,380 ~-~-> 00:21:36,990
1843 teaching. And this, this presentation.
1844
1845 462
1846 00:21:37,470 ~-~-> 00:21:40,710
1847 Again, moving into, let's go out one
1848
1849 463
1850 00:21:40,710 ~-~-> 00:21:41,100
1851 more.
1852
1853 464
1854 00:21:46,440 ~-~-> 00:21:48,690
1855 Okay. This was that maybe we're
1856
1857 465
1858 00:21:48,750 ~-~-> 00:21:52,650
1859 discussing. And here we have the range
1860
1861 466
1862 00:21:52,680 ~-~-> 00:21:55,800
1863 from the previous day's low, up to the
1864
1865 467
1866 00:21:55,800 ~-~-> 00:21:59,970
1867 highest high. Okay, we're here prior
1868
1869 468
1870 00:22:00,000 ~-~-> 00:22:04,290
1871 Moving into London and New York. Okay,
1872
1873 469
1874 00:22:04,290 ~-~-> 00:22:06,060
1875 here's New York down here you can see
1876
1877 470
1878 00:22:06,060 ~-~-> 00:22:07,260
1879 our price moved to set an asset
1880
1881 471
1882 00:22:07,260 ~-~-> 00:22:09,780
1883 treatment level. Okay, and we're going
1884
1885 472
1886 00:22:09,780 ~-~-> 00:22:12,990
1887 to talk about why this may not have been
1888
1889 473
1890 00:22:12,990 ~-~-> 00:22:16,200
1891 a good idea to trade okay. Looking for a
1892
1893 474
1894 00:22:16,200 ~-~-> 00:22:20,100
1895 long because of something going on over
1896
1897 475
1898 00:22:20,100 ~-~-> 00:22:21,990
1899 here. Okay, but that's later on in the
1900
1901 476
1902 00:22:21,990 ~-~-> 00:22:26,970
1903 video guys I know teaser teaser price
1904
1905 477
1906 00:22:26,970 ~-~-> 00:22:28,800
1907 rallies up in here okay nice opportunity
1908
1909 478
1910 00:22:28,800 ~-~-> 00:22:31,710
1911 okay just to be a buyer specifically
1912
1913 479
1914 00:22:31,710 ~-~-> 00:22:34,170
1915 looking to catch Long's okay the range
1916
1917 480
1918 00:22:34,170 ~-~-> 00:22:36,420
1919 available was 68 pips, you could
1920
1921 481
1922 00:22:36,420 ~-~-> 00:22:37,860
1923 reasonably expect to get 30 pips out of
1924
1925 482
1926 00:22:37,860 ~-~-> 00:22:39,900
1927 that and so there's absolutely no reason
1928
1929 483
1930 00:22:39,900 ~-~-> 00:22:42,780
1931 why. One couldn't have you taken 20 to
1932
1933 484
1934 00:22:42,780 ~-~-> 00:22:44,340
1935 30 pips comfortably out of that move.
1936
1937 485
1938 00:22:44,730 ~-~-> 00:22:46,770
1939 Even with it retracing and returning
1940
1941 486
1942 00:22:46,770 ~-~-> 00:22:50,730
1943 back into this, this range here. We have
1944
1945 487
1946 00:22:50,730 ~-~-> 00:22:54,060
1947 a low here. Okay, we have a low in here,
1948
1949 488
1950 00:22:54,510 ~-~-> 00:23:01,890
1951 formed and using that To the high formed
1952
1953 489
1954 00:23:02,070 ~-~-> 00:23:05,220
1955 rate here, okay price comes down
1956
1957 490
1958 00:23:05,220 ~-~-> 00:23:08,250
1959 deviates to 797 tration briefly, just
1960
1961 491
1962 00:23:08,280 ~-~-> 00:23:10,170
1963 briefly, okay and then give you a little
1964
1965 492
1966 00:23:10,200 ~-~-> 00:23:14,580
1967 tradable rally in here to the tune of
1968
1969 493
1970 00:23:17,280 ~-~-> 00:23:19,140
1971 about 25 pips, there's nothing wrong
1972
1973 494
1974 00:23:19,140 ~-~-> 00:23:22,290
1975 with that. And if you consider the
1976
1977 495
1978 00:23:22,290 ~-~-> 00:23:26,010
1979 overall range of this price swing from
1980
1981 496
1982 00:23:26,010 ~-~-> 00:23:28,980
1983 here, up to the high and as it retraces
1984
1985 497
1986 00:23:29,220 ~-~-> 00:23:33,210
1987 we had the center line here and the 75
1988
1989 498
1990 00:23:33,360 ~-~-> 00:23:36,060
1991 level here, respectively and then look
1992
1993 499
1994 00:23:36,060 ~-~-> 00:23:38,460
1995 have come down one more time, found the
1996
1997 500
1998 00:23:38,730 ~-~-> 00:23:40,770
1999 sudden acceleration level as well. One
2000
2001 501
2002 00:23:40,770 ~-~-> 00:23:42,360
2003 more time bouncing off it like we did
2004
2005 502
2006 00:23:42,360 ~-~-> 00:23:45,330
2007 here. Just violated this low just by a
2008
2009 503
2010 00:23:45,330 ~-~-> 00:23:47,880
2011 little bit. You see that? If price does
2012
2013 504
2014 00:23:47,880 ~-~-> 00:23:49,620
2015 that it's usually a precursor to
2016
2017 505
2018 00:23:49,620 ~-~-> 00:23:51,480
2019 something pretty significant. And you
2020
2021 506
2022 00:23:51,480 ~-~-> 00:23:53,160
2023 can see how clean these highs up here
2024
2025 507
2026 00:23:53,160 ~-~-> 00:23:54,930
2027 were. So you can imagine what was
2028
2029 508
2030 00:23:54,930 ~-~-> 00:23:58,830
2031 resting above that. You can see that was
2032
2033 509
2034 00:23:58,830 ~-~-> 00:24:00,780
2035 the case here. They took out all starts
2036
2037 510
2038 00:24:00,780 ~-~-> 00:24:03,420
2039 with that huge weekend gap blowing out
2040
2041 511
2042 00:24:03,420 ~-~-> 00:24:06,000
2043 all these highs that were way too clean
2044
2045 512
2046 00:24:06,570 ~-~-> 00:24:11,100
2047 and that's classic ICT work there. You
2048
2049 513
2050 00:24:11,100 ~-~-> 00:24:14,460
2051 can see the the results of why I say
2052
2053 514
2054 00:24:14,460 ~-~-> 00:24:16,410
2055 when levels are too clean that you can
2056
2057 515
2058 00:24:16,410 ~-~-> 00:24:18,270
2059 expect a pocket of stops sitting up
2060
2061 516
2062 00:24:18,270 ~-~-> 00:24:20,340
2063 there and they will gun those bad boys
2064
2065 517
2066 00:24:20,340 ~-~-> 00:24:22,500
2067 out. And they did a handsome job of it
2068
2069 518
2070 00:24:22,500 ~-~-> 00:24:26,550
2071 that week. Okay. And price moved again
2072
2073 519
2074 00:24:27,900 ~-~-> 00:24:32,100
2075 on Monday, small little rally here in
2076
2077 520
2078 00:24:32,370 ~-~-> 00:24:35,460
2079 the London session going into New York,
2080
2081 521
2082 00:24:35,550 ~-~-> 00:24:38,100
2083 okay before retracement deeper. Okay,
2084
2085 522
2086 00:24:38,130 ~-~-> 00:24:40,530
2087 now let's look at something
2088
2089 523
2090 00:24:41,579 ~-~-> 00:24:42,089
2091 okay.
2092
2093 524
2094 00:24:42,240 ~-~-> 00:24:48,900
2095 And it's a very cool technique. And I i
2096
2097 525
2098 00:24:48,900 ~-~-> 00:24:51,360
2099 dubbed it and hidden optimal trade
2100
2101 526
2102 00:24:51,360 ~-~-> 00:24:54,270
2103 entry. And for those that aren't real
2104
2105 527
2106 00:24:54,780 ~-~-> 00:24:57,870
2107 fans of my work, they find it rather
2108
2109 528
2110 00:24:57,870 ~-~-> 00:25:00,330
2111 silly to suggest it something Might be
2112
2113 529
2114 00:25:00,330 ~-~-> 00:25:02,700
2115 hidden and therefore be useful. But it's
2116
2117 530
2118 00:25:02,700 ~-~-> 00:25:04,530
2119 really nothing more than simply looking
2120
2121 531
2122 00:25:04,530 ~-~-> 00:25:07,530
2123 at an idea of support resistance. Okay,
2124
2125 532
2126 00:25:07,800 ~-~-> 00:25:09,480
2127 which is what we have here. I think it
2128
2129 533
2130 00:25:09,480 ~-~-> 00:25:11,130
2131 would be hard pressed to find anyone
2132
2133 534
2134 00:25:11,130 ~-~-> 00:25:13,320
2135 that would really fight this as being a
2136
2137 535
2138 00:25:13,320 ~-~-> 00:25:16,080
2139 discernible level of resistance. Okay,
2140
2141 536
2142 00:25:16,410 ~-~-> 00:25:19,770
2143 we saw a bounce up here, here, here,
2144
2145 537
2146 00:25:20,130 ~-~-> 00:25:22,470
2147 okay. And if price was to get back above
2148
2149 538
2150 00:25:22,470 ~-~-> 00:25:24,810
2151 it as we see here, we would expect it to
2152
2153 539
2154 00:25:24,810 ~-~-> 00:25:28,170
2155 be what? support right? So we would have
2156
2157 540
2158 00:25:28,200 ~-~-> 00:25:34,080
2159 a role reversal if you will, okay. But
2160
2161 541
2162 00:25:34,170 ~-~-> 00:25:36,600
2163 simply because it's expected level of
2164
2165 542
2166 00:25:36,600 ~-~-> 00:25:39,210
2167 resistance here, it may not come back
2168
2169 543
2170 00:25:39,210 ~-~-> 00:25:41,130
2171 down to that level anytime soon. But it
2172
2173 544
2174 00:25:41,130 ~-~-> 00:25:43,260
2175 still is useful to us as a point of
2176
2177 545
2178 00:25:43,260 ~-~-> 00:25:46,650
2179 reference. Because between that level,
2180
2181 546
2182 00:25:46,890 ~-~-> 00:25:48,600
2183 and we're price opened up and rallied up
2184
2185 547
2186 00:25:48,600 ~-~-> 00:25:52,140
2187 to here, okay. That is a range. This
2188
2189 548
2190 00:25:52,140 ~-~-> 00:25:54,120
2191 this right here this point here from
2192
2193 549
2194 00:25:54,120 ~-~-> 00:25:57,660
2195 this candles low to this candles close
2196
2197 550
2198 00:25:57,660 ~-~-> 00:26:00,720
2199 here. This is a gap now While there was
2200
2201 551
2202 00:26:00,720 ~-~-> 00:26:04,140
2203 no trading there, okay, you have to
2204
2205 552
2206 00:26:04,620 ~-~-> 00:26:06,510
2207 understand that this is still
2208
2209 553
2210 00:26:08,400 ~-~-> 00:26:09,210
2211 a range.
2212
2213 554
2214 00:26:10,769 ~-~-> 00:26:13,499
2215 Okay, that's a range. This is simply no
2216
2217 555
2218 00:26:13,499 ~-~-> 00:26:15,569
2219 trading between this price point of the
2220
2221 556
2222 00:26:15,569 ~-~-> 00:26:17,669
2223 close of the previous Friday and the
2224
2225 557
2226 00:26:17,669 ~-~-> 00:26:20,249
2227 opening on Sunday. There's no trading in
2228
2229 558
2230 00:26:20,249 ~-~-> 00:26:24,269
2231 there. It's all you know, the liquidity
2232
2233 559
2234 00:26:24,329 ~-~-> 00:26:28,079
2235 is none zero, okay? But because price is
2236
2237 560
2238 00:26:28,079 ~-~-> 00:26:29,669
2239 trading here, you still have to consider
2240
2241 561
2242 00:26:29,669 ~-~-> 00:26:32,819
2243 that as range. Okay? It just means that
2244
2245 562
2246 00:26:32,819 ~-~-> 00:26:35,279
2247 there's gaps in between these two price
2248
2249 563
2250 00:26:35,279 ~-~-> 00:26:37,379
2251 points. And usually the market finds a
2252
2253 564
2254 00:26:37,379 ~-~-> 00:26:40,049
2255 way to fill those gaps, but not right
2256
2257 565
2258 00:26:40,049 ~-~-> 00:26:41,879
2259 away sometimes. Okay, so with that
2260
2261 566
2262 00:26:41,879 ~-~-> 00:26:45,779
2263 understanding is with this gap, or
2264
2265 567
2266 00:26:45,779 ~-~-> 00:26:47,519
2267 without this gap, if you ever see a
2268
2269 568
2270 00:26:47,519 ~-~-> 00:26:50,009
2271 discernible level like this, okay, where
2272
2273 569
2274 00:26:50,009 ~-~-> 00:26:52,439
2275 it clear resistance and support resides.
2276
2277 570
2278 00:26:52,649 ~-~-> 00:26:54,749
2279 If you take your fib and anchor it right
2280
2281 571
2282 00:26:54,749 ~-~-> 00:26:58,199
2283 from that price point. And you rallied
2284
2285 572
2286 00:26:58,199 ~-~-> 00:27:00,539
2287 off that, take it up, up to To highest
2288
2289 573
2290 00:27:00,569 ~-~-> 00:27:05,459
2291 high Okay, when price retraces basically
2292
2293 574
2294 00:27:05,459 ~-~-> 00:27:06,659
2295 what you're saying is it's retracing
2296
2297 575
2298 00:27:06,659 ~-~-> 00:27:09,359
2299 into this range gaps don't have to fill
2300
2301 576
2302 00:27:09,359 ~-~-> 00:27:12,179
2303 also. Okay, I've seen many times where
2304
2305 577
2306 00:27:12,179 ~-~-> 00:27:15,179
2307 gaps stayed unfulfilled you know, for
2308
2309 578
2310 00:27:15,449 ~-~-> 00:27:17,549
2311 years, that was in commodity markets
2312
2313 579
2314 00:27:17,549 ~-~-> 00:27:20,339
2315 that was in stock indices, okay? Just
2316
2317 580
2318 00:27:20,339 ~-~-> 00:27:22,019
2319 simply because the gap doesn't mean
2320
2321 581
2322 00:27:22,019 ~-~-> 00:27:24,359
2323 necessarily that it's gonna fill. That's
2324
2325 582
2326 00:27:24,359 ~-~-> 00:27:26,399
2327 not it doesn't mean this is a common
2328
2329 583
2330 00:27:26,399 ~-~-> 00:27:28,499
2331 gap, if you will. Okay, common gaps
2332
2333 584
2334 00:27:28,499 ~-~-> 00:27:30,209
2335 usually get filled relatively quick.
2336
2337 585
2338 00:27:30,779 ~-~-> 00:27:34,079
2339 This could be a breakaway gap where it
2340
2341 586
2342 00:27:34,079 ~-~-> 00:27:35,879
2343 necessarily isn't always going to be
2344
2345 587
2346 00:27:35,879 ~-~-> 00:27:39,179
2347 filled in especially IVF have a long
2348
2349 588
2350 00:27:39,179 ~-~-> 00:27:42,689
2351 term, monthly yearly trend underway, who
2352
2353 589
2354 00:27:42,689 ~-~-> 00:27:43,919
2355 says it's going to have to go away back
2356
2357 590
2358 00:27:43,919 ~-~-> 00:27:46,349
2359 down to that gap. Okay, this just shows
2360
2361 591
2362 00:27:46,349 ~-~-> 00:27:49,949
2363 that there's a huge influx of buying
2364
2365 592
2366 00:27:50,339 ~-~-> 00:27:52,619
2367 Okay, on an institutional level. So
2368
2369 593
2370 00:27:52,619 ~-~-> 00:27:54,539
2371 therefore, we still have to consider
2372
2373 594
2374 00:27:54,539 ~-~-> 00:27:56,519
2375 this as a range in price comes right
2376
2377 595
2378 00:27:56,519 ~-~-> 00:27:59,009
2379 down to the 70.5 and then rallies off of
2380
2381 596
2382 00:27:59,009 ~-~-> 00:28:00,779
2383 it gives you what an ounce to trade to
2384
2385 597
2386 00:28:00,779 ~-~-> 00:28:04,139
2387 where and why. Okay, so just simply
2388
2389 598
2390 00:28:04,139 ~-~-> 00:28:06,869
2391 looking at support resistance and using
2392
2393 599
2394 00:28:06,959 ~-~-> 00:28:11,099
2395 Fibonacci alone is useful. Okay? And
2396
2397 600
2398 00:28:11,519 ~-~-> 00:28:12,989
2399 there's 40 pips made available to
2400
2401 601
2402 00:28:12,989 ~-~-> 00:28:14,579
2403 someone that would simply understand
2404
2405 602
2406 00:28:14,579 ~-~-> 00:28:17,819
2407 that concept and work with it. Okay? It
2408
2409 603
2410 00:28:17,819 ~-~-> 00:28:19,199
2411 doesn't mean you need to hold on to it
2412
2413 604
2414 00:28:19,199 ~-~-> 00:28:21,449
2415 and expect the moon. It just gives you
2416
2417 605
2418 00:28:21,449 ~-~-> 00:28:23,369
2419 an opportunity to trade. Okay? And
2420
2421 606
2422 00:28:23,369 ~-~-> 00:28:24,929
2423 there's a trading pattern in this that
2424
2425 607
2426 00:28:24,929 ~-~-> 00:28:26,609
2427 we're not having discussed. It's been
2428
2429 608
2430 00:28:26,609 ~-~-> 00:28:28,769
2431 previously released by me on internet
2432
2433 609
2434 00:28:28,769 ~-~-> 00:28:30,779
2435 but that's for another time another
2436
2437 610
2438 00:28:30,779 ~-~-> 00:28:34,439
2439 topic. But again, you know, we have this
2440
2441 611
2442 00:28:34,439 ~-~-> 00:28:37,049
2443 low in here. Okay, that was an
2444
2445 612
2446 00:28:37,049 ~-~-> 00:28:39,629
2447 opportunity to catch a short term little
2448
2449 613
2450 00:28:39,779 ~-~-> 00:28:41,549
2451 pop in the market again, focusing only
2452
2453 614
2454 00:28:41,549 ~-~-> 00:28:42,269
2455 being a bull.
2456
2457 615
2458 00:28:46,109 ~-~-> 00:28:51,119
2459 We have price moving into
2460
2461 616
2462 00:28:51,119 ~-~-> 00:28:54,539
2463 a larger consolidation. Okay. We do have
2464
2465 617
2466 00:28:54,539 ~-~-> 00:28:56,609
2467 an opportunity to see like this low
2468
2469 618
2470 00:28:56,609 ~-~-> 00:28:58,949
2471 here, to this high. This is an
2472
2473 619
2474 00:28:58,949 ~-~-> 00:29:00,689
2475 opportunity here, where you Potentially
2476
2477 620
2478 00:29:00,689 ~-~-> 00:29:02,969
2479 looked to be a buyer in here, okay, but
2480
2481 621
2482 00:29:02,969 ~-~-> 00:29:05,879
2483 with this gap like it is here, it just,
2484
2485 622
2486 00:29:05,939 ~-~-> 00:29:08,639
2487 it's a lot of uncertainty where it may
2488
2489 623
2490 00:29:08,639 ~-~-> 00:29:10,949
2491 try to reach that you could be a buyer
2492
2493 624
2494 00:29:10,949 ~-~-> 00:29:13,409
2495 here. And assuming that was the case,
2496
2497 625
2498 00:29:13,439 ~-~-> 00:29:16,799
2499 you know, price was able to move up
2500
2501 626
2502 00:29:16,889 ~-~-> 00:29:20,699
2503 strongly, in this case here with FM
2504
2505 627
2506 00:29:20,789 ~-~-> 00:29:26,879
2507 FOMC. Release in here. But this this day
2508
2509 628
2510 00:29:26,879 ~-~-> 00:29:29,909
2511 here, okay, if we use the same premise
2512
2513 629
2514 00:29:29,909 ~-~-> 00:29:32,009
2515 that we had that same support line.
2516
2517 630
2518 00:29:32,609 ~-~-> 00:29:34,139
2519 Okay, let's go back just a little bit as
2520
2521 631
2522 00:29:34,139 ~-~-> 00:29:37,019
2523 you can see it clear. We're going to use
2524
2525 632
2526 00:29:37,019 ~-~-> 00:29:39,899
2527 the same premise this set support line.
2528
2529 633
2530 00:29:40,829 ~-~-> 00:29:42,929
2531 And we're using the kill zones again as
2532
2533 634
2534 00:29:42,929 ~-~-> 00:29:45,359
2535 guides. And this is the range the
2536
2537 635
2538 00:29:45,359 ~-~-> 00:29:47,849
2539 highest high prior to going into the
2540
2541 636
2542 00:29:47,849 ~-~-> 00:29:50,669
2543 London and New York sessions. Now,
2544
2545 637
2546 00:29:50,669 ~-~-> 00:29:52,739
2547 again, we had FOMC coming out this day,
2548
2549 638
2550 00:29:52,739 ~-~-> 00:29:55,619
2551 so you'd have to expect price to just
2552
2553 639
2554 00:29:55,619 ~-~-> 00:29:56,969
2555 more or less consolidate prior to going
2556
2557 640
2558 00:29:56,969 ~-~-> 00:29:59,999
2559 into that specific release process.
2560
2561 641
2562 00:29:59,999 ~-~-> 00:30:02,159
2563 makes the low in New York session right
2564
2565 642
2566 00:30:02,189 ~-~-> 00:30:04,739
2567 on the move past before you go to see it
2568
2569 643
2570 00:30:04,739 ~-~-> 00:30:07,979
2571 I apologize. Back price comes right down
2572
2573 644
2574 00:30:07,979 ~-~-> 00:30:10,349
2575 to 62% retracement level and then takes
2576
2577 645
2578 00:30:10,349 ~-~-> 00:30:12,809
2579 off and Quake in case you're you're
2580
2581 646
2582 00:30:12,839 ~-~-> 00:30:15,959
2583 you're wondering. I was long in here and
2584
2585 647
2586 00:30:15,959 ~-~-> 00:30:19,379
2587 I am going to tweet the actual entry
2588
2589 648
2590 00:30:19,379 ~-~-> 00:30:21,659
2591 point and you can see that I was not
2592
2593 649
2594 00:30:22,679 ~-~-> 00:30:26,129
2595 outside of this move. It was rather
2596
2597 650
2598 00:30:26,129 ~-~-> 00:30:28,169
2599 exciting because it was one of those
2600
2601 651
2602 00:30:28,169 ~-~-> 00:30:30,119
2603 times where we had everything in
2604
2605 652
2606 00:30:30,599 ~-~-> 00:30:33,179
2607 alignment we had yields suggesting the
2608
2609 653
2610 00:30:33,179 ~-~-> 00:30:34,979
2611 price is going to move higher. We had a
2612
2613 654
2614 00:30:34,979 ~-~-> 00:30:38,489
2615 huge weekend gap that was unfilled. It
2616
2617 655
2618 00:30:38,489 ~-~-> 00:30:40,349
2619 just was unable to breach that
2620
2621 656
2622 00:30:40,379 ~-~-> 00:30:46,439
2623 133 25 123 I'm sorry 133 23 level in
2624
2625 657
2626 00:30:46,439 ~-~-> 00:30:49,469
2627 this area here as support narrowing came
2628
2629 658
2630 00:30:49,469 ~-~-> 00:30:51,959
2631 down to it never needed to and then just
2632
2633 659
2634 00:30:51,959 ~-~-> 00:30:53,669
2635 launched vertically on the upside.
2636
2637 660
2638 00:30:53,849 ~-~-> 00:30:56,669
2639 Again, keying off of the London open and
2640
2641 661
2642 00:30:56,699 ~-~-> 00:31:00,479
2643 New York open kill zones. What was
2644
2645 662
2646 00:31:00,989 ~-~-> 00:31:02,549
2647 useful here because the law actually
2648
2649 663
2650 00:31:02,549 ~-~-> 00:31:04,289
2651 formed on Monday during the New York
2652
2653 664
2654 00:31:04,289 ~-~-> 00:31:08,009
2655 session, and price moved on higher, then
2656
2657 665
2658 00:31:08,009 ~-~-> 00:31:10,409
2659 went to another consolidation going into
2660
2661 666
2662 00:31:10,409 ~-~-> 00:31:12,479
2663 the close of the week. Again, our
2664
2665 667
2666 00:31:12,509 ~-~-> 00:31:16,679
2667 previous understandings in the previous
2668
2669 668
2670 00:31:16,679 ~-~-> 00:31:18,689
2671 videos that we see price, when it
2672
2673 669
2674 00:31:18,689 ~-~-> 00:31:20,459
2675 rallies large like this, this is a big
2676
2677 670
2678 00:31:20,459 ~-~-> 00:31:22,469
2679 daily range. So anything's gonna happen
2680
2681 671
2682 00:31:22,469 ~-~-> 00:31:24,329
2683 when the average Joe, he's gonna get in
2684
2685 672
2686 00:31:24,329 ~-~-> 00:31:25,259
2687 the market. Well, I'm going to be a
2688
2689 673
2690 00:31:25,259 ~-~-> 00:31:26,939
2691 buyer now and I'm going to be expecting
2692
2693 674
2694 00:31:26,939 ~-~-> 00:31:29,219
2695 this thing to repeat the same similar
2696
2697 675
2698 00:31:29,219 ~-~-> 00:31:32,159
2699 move. Not always, and certainly not off
2700
2701 676
2702 00:31:32,159 ~-~-> 00:31:34,139
2703 of an economic report because what'll
2704
2705 677
2706 00:31:34,139 ~-~-> 00:31:35,159
2707 happen is there's going to be some
2708
2709 678
2710 00:31:35,159 ~-~-> 00:31:37,199
2711 rebalancing. Okay, and what they'll do
2712
2713 679
2714 00:31:37,199 ~-~-> 00:31:39,899
2715 is they'll consolidate and more or less
2716
2717 680
2718 00:31:40,049 ~-~-> 00:31:42,059
2719 pause for a moment and reflect on
2720
2721 681
2722 00:31:42,059 ~-~-> 00:31:44,369
2723 whether or not this was really needed.
2724
2725 682
2726 00:31:44,519 ~-~-> 00:31:48,389
2727 Okay. And this is very illiquid a lot of
2728
2729 683
2730 00:31:48,389 ~-~-> 00:31:51,359
2731 gaps in here. Okay, so it was in a rush
2732
2733 684
2734 00:31:51,359 ~-~-> 00:31:53,069
2735 to get somewhere and it held this
2736
2737 685
2738 00:31:53,369 ~-~-> 00:31:57,329
2739 135 3135 50 range.
2740
2741 686
2742 00:31:58,500 ~-~-> 00:31:59,400
2743 Okay, and
2744
2745 687
2746 00:31:59,640 ~-~-> 00:32:03,420
2747 price Again, moving into consolidation,
2748
2749 688
2750 00:32:04,230 ~-~-> 00:32:07,290
2751 looking at how price moves like this, we
2752
2753 689
2754 00:32:07,290 ~-~-> 00:32:11,760
2755 are in a wait and see mode when this
2756
2757 690
2758 00:32:11,760 ~-~-> 00:32:13,500
2759 happens, even though we are bullish
2760
2761 691
2762 00:32:13,530 ~-~-> 00:32:17,460
2763 traders when price moves so aggressively
2764
2765 692
2766 00:32:17,460 ~-~-> 00:32:19,410
2767 like this short term, okay and we're
2768
2769 693
2770 00:32:19,410 ~-~-> 00:32:21,150
2771 talking about a move intraday
2772
2773 694
2774 00:32:22,109 ~-~-> 00:32:22,949
2775 one day
2776
2777 695
2778 00:32:25,200 ~-~-> 00:32:28,830
2779 moving 212 pips in one day, when that's
2780
2781 696
2782 00:32:28,830 ~-~-> 00:32:31,200
2783 a big that's a huge range for one day
2784
2785 697
2786 00:32:31,680 ~-~-> 00:32:34,560
2787 when you see that, okay, expect small
2788
2789 698
2790 00:32:34,560 ~-~-> 00:32:37,140
2791 ranges. This is what you see here, small
2792
2793 699
2794 00:32:37,140 ~-~-> 00:32:39,030
2795 ranges, small range small ranges, and
2796
2797 700
2798 00:32:39,030 ~-~-> 00:32:40,380
2799 then what you're going to wait for is
2800
2801 701
2802 00:32:40,380 ~-~-> 00:32:41,970
2803 discernible signs that we have an
2804
2805 702
2806 00:32:41,970 ~-~-> 00:32:43,980
2807 opportunity to trade. Okay, and let's
2808
2809 703
2810 00:32:43,980 ~-~-> 00:32:45,630
2811 drop out because I'm about to close.
2812
2813 704
2814 00:32:47,910 ~-~-> 00:32:51,630
2815 Here is that FOMC release, consolidation
2816
2817 705
2818 00:32:51,630 ~-~-> 00:32:53,340
2819 small little retracement smaller retrace
2820
2821 706
2822 00:32:53,340 ~-~-> 00:32:56,520
2823 a small retracement and finally we get
2824
2825 707
2826 00:32:56,520 ~-~-> 00:32:58,350
2827 some market structure shifting to the
2828
2829 708
2830 00:32:58,350 ~-~-> 00:33:02,700
2831 bullish side and then You can see that
2832
2833 709
2834 00:33:02,700 ~-~-> 00:33:04,470
2835 net, what I'm referring to is this break
2836
2837 710
2838 00:33:04,470 ~-~-> 00:33:06,090
2839 here this high, it made it very
2840
2841 711
2842 00:33:06,090 ~-~-> 00:33:07,320
2843 convincing rally, which we're going to
2844
2845 712
2846 00:33:07,320 ~-~-> 00:33:09,060
2847 talk about this type of price action and
2848
2849 713
2850 00:33:09,060 ~-~-> 00:33:11,010
2851 what is so useful about it,
2852
2853 714
2854 00:33:12,299 ~-~-> 00:33:13,019
2855 you have
2856
2857 715
2858 00:33:14,039 ~-~-> 00:33:19,889
2859 an opportunity to see this range, price
2860
2861 716
2862 00:33:19,889 ~-~-> 00:33:21,149
2863 comes down that ascending is it chasing
2864
2865 717
2866 00:33:21,149 ~-~-> 00:33:23,819
2867 a smaller violation, not much. But this
2868
2869 718
2870 00:33:23,819 ~-~-> 00:33:26,099
2871 is an opportunity to be a buyer. Again,
2872
2873 719
2874 00:33:26,129 ~-~-> 00:33:29,999
2875 focusing on the time window and the kill
2876
2877 720
2878 00:33:29,999 ~-~-> 00:33:30,629
2879 zones.
2880
2881 721
2882 00:33:32,130 ~-~-> 00:33:32,760
2883 We have
2884
2885 722
2886 00:33:35,130 ~-~-> 00:33:37,890
2887 price rally up on out of here. So again,
2888
2889 723
2890 00:33:37,890 ~-~-> 00:33:40,440
2891 we have this small little range in here
2892
2893 724
2894 00:33:40,620 ~-~-> 00:33:43,620
2895 that is outside of our kill zone. So
2896
2897 725
2898 00:33:43,620 ~-~-> 00:33:45,540
2899 even though this could be a trade taken
2900
2901 726
2902 00:33:45,540 ~-~-> 00:33:48,120
2903 during the asian session, again, outside
2904
2905 727
2906 00:33:48,120 ~-~-> 00:33:50,970
2907 of the scope of this teaching, if we see
2908
2909 728
2910 00:33:50,970 ~-~-> 00:33:53,820
2911 this rally up here like this, this is
2912
2913 729
2914 00:33:54,540 ~-~-> 00:33:56,670
2915 the area of where you would be expected
2916
2917 730
2918 00:33:56,670 ~-~-> 00:34:00,000
2919 to be along based on what we're teaching
2920
2921 731
2922 00:34:01,650 ~-~-> 00:34:03,630
2923 And that looks like this. This is the
2924
2925 732
2926 00:34:03,630 ~-~-> 00:34:07,500
2927 low during the one kill zone and the
2928
2929 733
2930 00:34:07,500 ~-~-> 00:34:09,570
2931 high made during the London kill zone.
2932
2933 734
2934 00:34:09,600 ~-~-> 00:34:11,460
2935 So we have a price swing within that
2936
2937 735
2938 00:34:11,460 ~-~-> 00:34:13,620
2939 timeframe, right in here, this is
2940
2941 736
2942 00:34:13,620 ~-~-> 00:34:16,620
2943 adjacent level, okay? And then zoom in.
2944
2945 737
2946 00:34:21,570 ~-~-> 00:34:23,430
2947 Okay, you can see price comes down,
2948
2949 738
2950 00:34:23,940 ~-~-> 00:34:26,700
2951 gives you more or less like railroad
2952
2953 739
2954 00:34:26,700 ~-~-> 00:34:29,040
2955 tracks if you're a candlestick student.
2956
2957 740
2958 00:34:30,210 ~-~-> 00:34:32,520
2959 What that is, is you have a big range
2960
2961 741
2962 00:34:32,520 ~-~-> 00:34:35,250
2963 down now they range up immediately. And
2964
2965 742
2966 00:34:35,370 ~-~-> 00:34:38,340
2967 that was a precursor to upward pressure.
2968
2969 743
2970 00:34:38,910 ~-~-> 00:34:40,590
2971 Again, that's just using the low here.
2972
2973 744
2974 00:34:40,860 ~-~-> 00:34:43,380
2975 If you use the low form during the asian
2976
2977 745
2978 00:34:43,380 ~-~-> 00:34:45,960
2979 session over here, you can see we didn't
2980
2981 746
2982 00:34:45,960 ~-~-> 00:34:51,390
2983 have anything in terms of OTV support
2984
2985 747
2986 00:34:51,420 ~-~-> 00:34:54,270
2987 except for some 50% fib which is not
2988
2989 748
2990 00:34:54,270 ~-~-> 00:35:00,000
2991 significant in my repertoire. So again,
2992
2993 749
2994 00:35:00,000 ~-~-> 00:35:02,010
2995 Without understanding you have it here.
2996
2997 750
2998 00:35:02,430 ~-~-> 00:35:03,600
2999 And we have
3000
3001 751
3002 00:35:05,520 ~-~-> 00:35:06,270
3003 this
3004
3005 752
3006 00:35:07,319 ~-~-> 00:35:09,629
3007 market making the high during the actual
3008
3009 753
3010 00:35:09,659 ~-~-> 00:35:11,699
3011 New York session. Okay, and the high
3012
3013 754
3014 00:35:11,699 ~-~-> 00:35:22,919
3015 closing on the candle 1400 GMT. So it's
3016
3017 755
3018 00:35:22,919 ~-~-> 00:35:24,599
3019 one hour earlier than we would expect to
3020
3021 756
3022 00:35:24,599 ~-~-> 00:35:27,719
3023 see profit taking, which is the 1500 GMT
3024
3025 757
3026 00:35:27,719 ~-~-> 00:35:28,229
3027 candle.
3028
3029 758
3030 00:35:28,890 ~-~-> 00:35:29,970
3031 And that happens
3032
3033 759
3034 00:35:30,660 ~-~-> 00:35:33,180
3035 right there. So right in here is when
3036
3037 760
3038 00:35:33,180 ~-~-> 00:35:34,890
3039 you would be reasonably expected to see
3040
3041 761
3042 00:35:34,890 ~-~-> 00:35:37,350
3043 the high head formed and it was a little
3044
3045 762
3046 00:35:37,350 ~-~-> 00:35:40,560
3047 early on that day here. So basically
3048
3049 763
3050 00:35:40,560 ~-~-> 00:35:42,810
3051 what we just discussed was an overview
3052
3053 764
3054 00:35:43,020 ~-~-> 00:35:46,530
3055 of how important understanding the kill
3056
3057 765
3058 00:35:46,530 ~-~-> 00:35:50,400
3059 zones role in trading. Okay, and again,
3060
3061 766
3062 00:35:50,760 ~-~-> 00:35:52,020
3063 just focusing on one side of the
3064
3065 767
3066 00:35:52,020 ~-~-> 00:35:56,280
3067 marketplace, and that's not necessarily
3068
3069 768
3070 00:35:56,310 ~-~-> 00:35:59,430
3071 a weakness, okay. I get a lot of email
3072
3073 769
3074 00:35:59,430 ~-~-> 00:36:00,960
3075 flack about You know, well, you're
3076
3077 770
3078 00:36:00,960 ~-~-> 00:36:02,250
3079 missing all these opportunities just
3080
3081 771
3082 00:36:02,250 ~-~-> 00:36:05,370
3083 doing this. Well, look, man, show me a
3084
3085 772
3086 00:36:05,370 ~-~-> 00:36:07,290
3087 trader that's catching every move with
3088
3089 773
3090 00:36:07,290 ~-~-> 00:36:09,930
3091 documentation and results that show an
3092
3093 774
3094 00:36:09,930 ~-~-> 00:36:11,790
3095 upward equity climb. Because I'm gonna
3096
3097 775
3098 00:36:11,790 ~-~-> 00:36:14,340
3099 tell you right now, if they exist,
3100
3101 776
3102 00:36:14,700 ~-~-> 00:36:16,680
3103 they're not talking to you. They're work
3104
3105 777
3106 00:36:16,680 ~-~-> 00:36:18,540
3107 for some bigwig operation somewhere,
3108
3109 778
3110 00:36:18,570 ~-~-> 00:36:21,300
3111 okay? And they could care less who on
3112
3113 779
3114 00:36:21,300 ~-~-> 00:36:24,570
3115 the internet believes what? Okay? What
3116
3117 780
3118 00:36:24,570 ~-~-> 00:36:26,040
3119 we're discussing here is an opportunity
3120
3121 781
3122 00:36:26,040 ~-~-> 00:36:28,830
3123 to learn how to approach and engage the
3124
3125 782
3126 00:36:28,830 ~-~-> 00:36:33,360
3127 marketplace with a plan of attack, a
3128
3129 783
3130 00:36:33,360 ~-~-> 00:36:36,750
3131 trading plan, if you will, one that is
3132
3133 784
3134 00:36:36,750 ~-~-> 00:36:41,370
3135 repeatable one that is usable in all
3136
3137 785
3138 00:36:41,370 ~-~-> 00:36:44,370
3139 market conditions, okay. But simply
3140
3141 786
3142 00:36:44,370 ~-~-> 00:36:45,720
3143 because it's usable in every market
3144
3145 787
3146 00:36:45,720 ~-~-> 00:36:48,000
3147 condition does not mean it's going to be
3148
3149 788
3150 00:36:48,030 ~-~-> 00:36:50,880
3151 a trade in every market condition. Okay.
3152
3153 789
3154 00:36:51,330 ~-~-> 00:36:53,250
3155 A lot of folks are struggling with
3156
3157 790
3158 00:36:53,250 ~-~-> 00:36:55,020
3159 directional bias. We're going to talk
3160
3161 791
3162 00:36:55,020 ~-~-> 00:36:57,270
3163 about that in this video module. We're
3164
3165 792
3166 00:36:57,270 ~-~-> 00:36:58,590
3167 going to talk about the importance of
3168
3169 793
3170 00:36:58,590 ~-~-> 00:37:01,380
3171 not doing anything Okay, because a lot
3172
3173 794
3174 00:37:01,380 ~-~-> 00:37:04,710
3175 of times, folks will just assume that
3176
3177 795
3178 00:37:04,860 ~-~-> 00:37:06,390
3179 just simply because the market moved
3180
3181 796
3182 00:37:06,690 ~-~-> 00:37:08,700
3183 better ICT was involved in that trade,
3184
3185 797
3186 00:37:08,760 ~-~-> 00:37:11,790
3187 not necessarily. My trade frequency is
3188
3189 798
3190 00:37:11,790 ~-~-> 00:37:14,760
3191 very small. I used to trade a lot. You
3192
3193 799
3194 00:37:14,760 ~-~-> 00:37:16,890
3195 don't have to trade a lot. Okay. The
3196
3197 800
3198 00:37:16,890 ~-~-> 00:37:18,630
3199 tools I'm sharing in this video series
3200
3201 801
3202 00:37:18,660 ~-~-> 00:37:21,630
3203 will allow you to cherry pick these
3204
3205 802
3206 00:37:21,930 ~-~-> 00:37:24,420
3207 concepts. It's being divulged in this.
3208
3209 803
3210 00:37:24,720 ~-~-> 00:37:27,690
3211 This specific trading plan series is
3212
3213 804
3214 00:37:27,750 ~-~-> 00:37:30,930
3215 designed for you to catch those one shot
3216
3217 805
3218 00:37:30,930 ~-~-> 00:37:33,570
3219 one kill weekly hauls, where you just
3220
3221 806
3222 00:37:33,570 ~-~-> 00:37:35,580
3223 waiting for that really good setup for
3224
3225 807
3226 00:37:35,580 ~-~-> 00:37:38,190
3227 the week. Make your weekly objective.
3228
3229 808
3230 00:37:38,520 ~-~-> 00:37:40,380
3231 Don't care if it goes anything beyond
3232
3233 809
3234 00:37:40,410 ~-~-> 00:37:43,890
3235 your normal expected in terms of, you
3236
3237 810
3238 00:37:43,890 ~-~-> 00:37:45,720
3239 know, if it's 50 to 100 pips for the
3240
3241 811
3242 00:37:45,720 ~-~-> 00:37:47,790
3243 week, whatever this approach will help
3244
3245 812
3246 00:37:47,790 ~-~-> 00:37:50,520
3247 you do that. It'll help you get in that
3248
3249 813
3250 00:37:50,520 ~-~-> 00:37:53,850
3251 direction of being consistently hauling
3252
3253 814
3254 00:37:53,850 ~-~-> 00:37:56,820
3255 that type of that game. If you are
3256
3257 815
3258 00:37:56,820 ~-~-> 00:37:58,860
3259 expecting this to give you every single
3260
3261 816
3262 00:37:58,860 ~-~-> 00:38:01,830
3263 day trades You're looking outside the
3264
3265 817
3266 00:38:01,830 ~-~-> 00:38:04,500
3267 scope of what its intended purposes. Now
3268
3269 818
3270 00:38:04,500 ~-~-> 00:38:06,540
3271 I have approaches and techniques and
3272
3273 819
3274 00:38:06,540 ~-~-> 00:38:08,310
3275 concepts that are applicable for those
3276
3277 820
3278 00:38:08,310 ~-~-> 00:38:10,470
3279 types of environments and those styles
3280
3281 821
3282 00:38:10,470 ~-~-> 00:38:12,300
3283 of trading. But I don't think it's a
3284
3285 822
3286 00:38:12,300 ~-~-> 00:38:15,570
3287 good fit for new traders. I think it
3288
3289 823
3290 00:38:15,600 ~-~-> 00:38:17,820
3291 builds confidence if one can, number
3292
3293 824
3294 00:38:17,820 ~-~-> 00:38:20,400
3295 one, learn to anticipate, learn to
3296
3297 825
3298 00:38:20,430 ~-~-> 00:38:22,440
3299 engage with an understanding why you're
3300
3301 826
3302 00:38:22,440 ~-~-> 00:38:24,210
3303 doing it when you're doing it, when not
3304
3305 827
3306 00:38:24,210 ~-~-> 00:38:26,190
3307 to do it, which is more important to you
3308
3309 828
3310 00:38:26,340 ~-~-> 00:38:28,650
3311 taking a trade because there's more time
3312
3313 829
3314 00:38:28,650 ~-~-> 00:38:30,840
3315 in the market for you to lose money than
3316
3317 830
3318 00:38:30,840 ~-~-> 00:38:32,910
3319 there are for you to actually be in line
3320
3321 831
3322 00:38:32,910 ~-~-> 00:38:34,380
3323 with the market and then make money.
3324
3325 832
3326 00:38:34,680 ~-~-> 00:38:35,790
3327 Okay, and we're going to discuss that
3328
3329 833
3330 00:38:35,790 ~-~-> 00:38:37,920
3331 later on in this video. But understand
3332
3333 834
3334 00:38:37,920 ~-~-> 00:38:42,120
3335 that the the likelihood and the odds and
3336
3337 835
3338 00:38:42,150 ~-~-> 00:38:46,380
3339 time window for you to lose money is far
3340
3341 836
3342 00:38:46,380 ~-~-> 00:38:49,140
3343 greater than the short small little
3344
3345 837
3346 00:38:49,140 ~-~-> 00:38:50,700
3347 pockets of opportunity that present
3348
3349 838
3350 00:38:50,700 ~-~-> 00:38:53,790
3351 themselves as trade setups that are
3352
3353 839
3354 00:38:53,820 ~-~-> 00:38:56,910
3355 profitable. Look, if you take 1000
3356
3357 840
3358 00:38:56,910 ~-~-> 00:38:59,580
3359 traders home from all corners of the
3360
3361 841
3362 00:38:59,580 ~-~-> 00:39:02,130
3363 earth Put them in a room and you tell
3364
3365 842
3366 00:39:02,130 ~-~-> 00:39:04,020
3367 them look at the same chart, every
3368
3369 843
3370 00:39:04,020 ~-~-> 00:39:05,580
3371 single one of those guys are going to
3372
3373 844
3374 00:39:05,580 ~-~-> 00:39:06,930
3375 have something different and what they
3376
3377 845
3378 00:39:06,930 ~-~-> 00:39:10,260
3379 see and what they expect. This is a
3380
3381 846
3382 00:39:10,290 ~-~-> 00:39:13,170
3383 framework for you to build upon. It's
3384
3385 847
3386 00:39:13,170 ~-~-> 00:39:17,250
3387 not a complete, be all end all. Okay?
3388
3389 848
3390 00:39:17,250 ~-~-> 00:39:19,830
3391 It's not a panacea. But what you're
3392
3393 849
3394 00:39:19,830 ~-~-> 00:39:21,240
3395 going to get from this is gonna
3396
3397 850
3398 00:39:21,570 ~-~-> 00:39:22,380
3399 give you a
3400
3401 851
3402 00:39:23,280 ~-~-> 00:39:26,610
3403 procedure to apply. And if it's applied
3404
3405 852
3406 00:39:26,610 ~-~-> 00:39:29,430
3407 correctly, within the defined terms,
3408
3409 853
3410 00:39:29,430 ~-~-> 00:39:32,790
3411 from video, one to video eight, you're
3412
3413 854
3414 00:39:32,790 ~-~-> 00:39:35,880
3415 going to see a big picture panoramic
3416
3417 855
3418 00:39:35,880 ~-~-> 00:39:38,280
3419 view of when you should be engaging,
3420
3421 856
3422 00:39:38,310 ~-~-> 00:39:40,200
3423 when you should not be engaging. And
3424
3425 857
3426 00:39:40,200 ~-~-> 00:39:42,960
3427 when you are engaging, what specifically
3428
3429 858
3430 00:39:42,960 ~-~-> 00:39:47,220
3431 you're doing, when, why, how, okay,
3432
3433 859
3434 00:39:47,370 ~-~-> 00:39:49,470
3435 there's going to be no ambiguity when it
3436
3437 860
3438 00:39:49,470 ~-~-> 00:39:52,020
3439 comes to that. But it's important for
3440
3441 861
3442 00:39:52,020 ~-~-> 00:39:53,460
3443 you to get through all this boring dry
3444
3445 862
3446 00:39:53,460 ~-~-> 00:39:55,770
3447 stuff because that's what gives you the
3448
3449 863
3450 00:39:55,770 ~-~-> 00:39:58,770
3451 understanding to make you effective once
3452
3453 864
3454 00:39:58,770 ~-~-> 00:40:00,510
3455 you start applying these tools. Because
3456
3457 865
3458 00:40:01,380 ~-~-> 00:40:02,730
3459 every time you watch these videos, it
3460
3461 866
3462 00:40:02,730 ~-~-> 00:40:04,080
3463 doesn't mean simply go out the next day
3464
3465 867
3466 00:40:04,080 ~-~-> 00:40:06,120
3467 and expect those things unfold exactly
3468
3469 868
3470 00:40:06,120 ~-~-> 00:40:09,000
3471 as you saw in that previous video, you
3472
3473 869
3474 00:40:09,000 ~-~-> 00:40:13,080
3475 learn by expecting to see similarities
3476
3477 870
3478 00:40:13,080 ~-~-> 00:40:15,300
3479 to what you see in these videos, and you
3480
3481 871
3482 00:40:15,510 ~-~-> 00:40:18,420
3483 gain a understanding, okay, and you
3484
3485 872
3486 00:40:18,420 ~-~-> 00:40:19,650
3487 activate your reticular activating
3488
3489 873
3490 00:40:19,650 ~-~-> 00:40:21,540
3491 system where you start seeing the same
3492
3493 874
3494 00:40:21,540 ~-~-> 00:40:24,660
3495 pattern unfolding all the time, always,
3496
3497 875
3498 00:40:24,660 ~-~-> 00:40:26,730
3499 they're always there. And there's gonna
3500
3501 876
3502 00:40:26,730 ~-~-> 00:40:29,040
3503 be slight deviations from what you
3504
3505 877
3506 00:40:29,190 ~-~-> 00:40:31,050
3507 expect to see and what actually is
3508
3509 878
3510 00:40:31,050 ~-~-> 00:40:33,210
3511 there. And that's the fine art and
3512
3513 879
3514 00:40:33,210 ~-~-> 00:40:35,220
3515 trading that you aren't going to learn
3516
3517 880
3518 00:40:35,220 ~-~-> 00:40:36,780
3519 from a textbook. You're not going to
3520
3521 881
3522 00:40:36,780 ~-~-> 00:40:39,360
3523 learn from a $2,000 webinar seminar
3524
3525 882
3526 00:40:39,630 ~-~-> 00:40:42,570
3527 going across the planet. Go see somebody
3528
3529 883
3530 00:40:42,570 ~-~-> 00:40:44,040
3531 that promises he's been doing it for,
3532
3533 884
3534 00:40:44,310 ~-~-> 00:40:46,530
3535 you know, 25 years and he said, He's so
3536
3537 885
3538 00:40:46,530 ~-~-> 00:40:47,730
3539 much better than everybody else.
3540
3541 886
3542 00:40:48,030 ~-~-> 00:40:48,420
3543 Look,
3544
3545 887
3546 00:40:49,500 ~-~-> 00:40:52,440
3547 there is going to be a growing period
3548
3549 888
3550 00:40:52,470 ~-~-> 00:40:54,420
3551 for you. And it's going to come with
3552
3553 889
3554 00:40:54,420 ~-~-> 00:40:56,520
3555 being in front of the charts. I learned
3556
3557 890
3558 00:40:56,520 ~-~-> 00:40:59,490
3559 something new every single month. I'll
3560
3561 891
3562 00:40:59,490 ~-~-> 00:41:01,920
3563 go back over My journal, and I will
3564
3565 892
3566 00:41:01,920 ~-~-> 00:41:03,510
3567 discuss about how to keep a journal and
3568
3569 893
3570 00:41:03,540 ~-~-> 00:41:05,790
3571 in the last portions of these videos,
3572
3573 894
3574 00:41:06,090 ~-~-> 00:41:07,830
3575 and what's a real good way of referring
3576
3577 895
3578 00:41:07,830 ~-~-> 00:41:09,240
3579 to it, reflecting on it and what you
3580
3581 896
3582 00:41:09,240 ~-~-> 00:41:10,530
3583 should be gleaning from every time you
3584
3585 897
3586 00:41:10,530 ~-~-> 00:41:13,680
3587 do it. I learned something new. And a
3588
3589 898
3590 00:41:13,680 ~-~-> 00:41:15,360
3591 lot of it's about myself not necessarily
3592
3593 899
3594 00:41:15,360 ~-~-> 00:41:17,400
3595 about the marketplace, but I learned a
3596
3597 900
3598 00:41:17,400 ~-~-> 00:41:19,680
3599 lot and I journal those types of things.
3600
3601 901
3602 00:41:19,680 ~-~-> 00:41:24,810
3603 So when you see these kill zones, learn
3604
3605 902
3606 00:41:24,840 ~-~-> 00:41:27,870
3607 to anticipate specific types of price
3608
3609 903
3610 00:41:27,870 ~-~-> 00:41:30,720
3611 action and behavior. You are not at the
3612
3613 904
3614 00:41:30,720 ~-~-> 00:41:32,910
3615 point at which you are expecting to do
3616
3617 905
3618 00:41:33,030 ~-~-> 00:41:35,580
3619 trades yet. Okay? You're still in an
3620
3621 906
3622 00:41:35,580 ~-~-> 00:41:38,190
3623 observatory state. Okay, what you're
3624
3625 907
3626 00:41:38,190 ~-~-> 00:41:40,980
3627 doing is you're spectating or paper
3628
3629 908
3630 00:41:40,980 ~-~-> 00:41:42,750
3631 trading. Okay. You're just looking to
3632
3633 909
3634 00:41:42,750 ~-~-> 00:41:46,230
3635 see how these markets, gyrate and move
3636
3637 910
3638 00:41:46,230 ~-~-> 00:41:49,080
3639 within these specific time windows with
3640
3641 911
3642 00:41:49,530 ~-~-> 00:41:52,560
3643 a higher timeframe. panoramic, quote,
3644
3645 912
3646 00:41:52,560 ~-~-> 00:41:56,100
3647 unquote, fundamental perspective. And
3648
3649 913
3650 00:41:56,100 ~-~-> 00:41:58,140
3651 I'm hoping that you're gleaning that
3652
3653 914
3654 00:41:58,530 ~-~-> 00:42:03,090
3655 there is A few cherries hanging on the
3656
3657 915
3658 00:42:03,090 ~-~-> 00:42:05,790
3659 monthly tree of forex. Okay, that you
3660
3661 916
3662 00:42:05,790 ~-~-> 00:42:07,950
3663 can calmly and gingerly walk up to it.
3664
3665 917
3666 00:42:08,340 ~-~-> 00:42:11,160
3667 Reach Out and pluck those cherries, when
3668
3669 918
3670 00:42:11,160 ~-~-> 00:42:14,640
3671 you know, it's applicable for you to do
3672
3673 919
3674 00:42:14,640 ~-~-> 00:42:16,440
3675 so. Not simply because it's an
3676
3677 920
3678 00:42:16,470 ~-~-> 00:42:18,060
3679 opportunity to trade because therefore,
3680
3681 921
3682 00:42:18,240 ~-~-> 00:42:21,270
3683 it's Monday, the markets trading, I got
3684
3685 922
3686 00:42:21,270 ~-~-> 00:42:23,100
3687 home from work early, or I'm going to
3688
3689 923
3690 00:42:23,100 ~-~-> 00:42:25,110
3691 bed early, I'm going to get up and be up
3692
3693 924
3694 00:42:25,110 ~-~-> 00:42:27,300
3695 in London, therefore, I'm making time to
3696
3697 925
3698 00:42:27,300 ~-~-> 00:42:28,650
3699 be in the market. So I'm going to take
3700
3701 926
3702 00:42:28,650 ~-~-> 00:42:30,360
3703 that trade, there's no necessary,
3704
3705 927
3706 00:42:30,390 ~-~-> 00:42:32,130
3707 there's not necessarily a guarantee,
3708
3709 928
3710 00:42:32,550 ~-~-> 00:42:34,530
3711 anywhere that your trading opportunity
3712
3713 929
3714 00:42:34,530 ~-~-> 00:42:36,930
3715 in terms of time and freedom isn't going
3716
3717 930
3718 00:42:36,930 ~-~-> 00:42:40,050
3719 to line up with the market dynamics, you
3720
3721 931
3722 00:42:40,050 ~-~-> 00:42:42,360
3723 know, propel the market up or down in
3724
3725 932
3726 00:42:42,360 ~-~-> 00:42:46,020
3727 your favor. So it's, it's important to
3728
3729 933
3730 00:42:46,020 ~-~-> 00:42:48,840
3731 understand that, okay, and these kill
3732
3733 934
3734 00:42:48,840 ~-~-> 00:42:50,880
3735 zones while they are absolutely dynamite
3736
3737 935
3738 00:42:50,880 ~-~-> 00:42:52,710
3739 in the right hands with someone that
3740
3741 936
3742 00:42:52,710 ~-~-> 00:42:54,930
3743 understands what should be transpiring
3744
3745 937
3746 00:42:55,500 ~-~-> 00:42:57,420
3747 and a combination of all these
3748
3749 938
3750 00:42:57,420 ~-~-> 00:42:59,970
3751 components together by themselves.
3752
3753 939
3754 00:43:00,000 ~-~-> 00:43:01,260
3755 They're absolutely going to be useless
3756
3757 940
3758 00:43:01,260 ~-~-> 00:43:03,210
3759 to you. Okay, this highlighting a window
3760
3761 941
3762 00:43:03,210 ~-~-> 00:43:05,220
3763 of time where things generally happen,
3764
3765 942
3766 00:43:05,430 ~-~-> 00:43:07,440
3767 okay? So don't expect them to do
3768
3769 943
3770 00:43:07,440 ~-~-> 00:43:10,800
3771 anything more than that. But go back at
3772
3773 944
3774 00:43:10,830 ~-~-> 00:43:12,870
3775 when looking when the the when the
3776
3777 945
3778 00:43:12,870 ~-~-> 00:43:16,350
3779 windows of the kill zone on London and
3780
3781 946
3782 00:43:16,380 ~-~-> 00:43:19,800
3783 New York present these tremendous
3784
3785 947
3786 00:43:19,830 ~-~-> 00:43:21,960
3787 opportunities for you to be involved
3788
3789 948
3790 00:43:22,260 ~-~-> 00:43:25,050
3791 with being in that marketplace with that
3792
3793 949
3794 00:43:25,080 ~-~-> 00:43:27,300
3795 dynamic in mind like we had from
3796
3797 950
3798 00:43:27,300 ~-~-> 00:43:28,920
3799 September 9, we expected the market to
3800
3801 951
3802 00:43:28,920 ~-~-> 00:43:30,420
3803 move higher, we expected the dollar to
3804
3805 952
3806 00:43:30,420 ~-~-> 00:43:31,980
3807 move lower. We understood that
3808
3809 953
3810 00:43:31,980 ~-~-> 00:43:33,750
3811 fundamentally quote unquote based on
3812
3813 954
3814 00:43:33,750 ~-~-> 00:43:36,120
3815 interest rates, okay. And that mad
3816
3817 955
3818 00:43:36,120 ~-~-> 00:43:38,940
3819 magnetic pole it will have on prices in
3820
3821 956
3822 00:43:38,940 ~-~-> 00:43:41,040
3823 the currency market. And you saw that
3824
3825 957
3826 00:43:41,040 ~-~-> 00:43:43,020
3827 unfold here, not necessarily just simply
3828
3829 958
3830 00:43:43,020 ~-~-> 00:43:45,180
3831 in the euro. It happened in the cable.
3832
3833 959
3834 00:43:45,510 ~-~-> 00:43:47,820
3835 Okay, it happened in the Australian
3836
3837 960
3838 00:43:47,820 ~-~-> 00:43:52,140
3839 dollar. Okay, it happened in all of the
3840
3841 961
3842 00:43:52,140 ~-~-> 00:43:54,450
3843 foreign currency markets in contrast to
3844
3845 962
3846 00:43:54,450 ~-~-> 00:43:57,930
3847 the US dollar. Okay, folks, we're gonna
3848
3849 963
3850 00:43:57,930 ~-~-> 00:43:59,250
3851 be looking at directional bias
3852
3853 964
3854 00:43:59,250 ~-~-> 00:44:01,980
3855 framework. And before we get into the
3856
3857 965
3858 00:44:01,980 ~-~-> 00:44:05,370
3859 specifics, I want to ask you a question.
3860
3861 966
3862 00:44:05,580 ~-~-> 00:44:07,260
3863 Okay. And we kind of visited this
3864
3865 967
3866 00:44:07,290 ~-~-> 00:44:10,470
3867 earlier on in the video series, but why
3868
3869 968
3870 00:44:10,470 ~-~-> 00:44:13,050
3871 do markets move? You know what, what
3872
3873 969
3874 00:44:13,050 ~-~-> 00:44:16,410
3875 propels markets higher and lower? Is the
3876
3877 970
3878 00:44:16,410 ~-~-> 00:44:18,870
3879 average retail traders like you and I,
3880
3881 971
3882 00:44:19,260 ~-~-> 00:44:21,840
3883 or is it going to be the large
3884
3885 972
3886 00:44:22,260 ~-~-> 00:44:25,590
3887 institutional banks and investment
3888
3889 973
3890 00:44:25,590 ~-~-> 00:44:30,120
3891 firms? those entities on the larger
3892
3893 974
3894 00:44:30,120 ~-~-> 00:44:32,130
3895 scale obviously, beyond the shadow of a
3896
3897 975
3898 00:44:32,130 ~-~-> 00:44:35,370
3899 doubt, are the catalysts for markets
3900
3901 976
3902 00:44:35,370 ~-~-> 00:44:37,440
3903 moving higher and lower, because their
3904
3905 977
3906 00:44:37,440 ~-~-> 00:44:41,700
3907 sheer volume you three requires price to
3908
3909 978
3910 00:44:41,700 ~-~-> 00:44:45,390
3911 move based on some supply and demand
3912
3913 979
3914 00:44:45,570 ~-~-> 00:44:48,750
3915 factors that they create by their mere
3916
3917 980
3918 00:44:48,750 ~-~-> 00:44:52,590
3919 presence in a specific asset class. And
3920
3921 981
3922 00:44:52,590 ~-~-> 00:44:54,600
3923 it goes without saying that if a
3924
3925 982
3926 00:44:54,600 ~-~-> 00:44:58,800
3927 currency is undervalued, and for
3928
3929 983
3930 00:44:58,800 ~-~-> 00:45:00,630
3931 whatever reason, that large As an
3932
3933 984
3934 00:45:00,630 ~-~-> 00:45:03,060
3935 institution seems to believe that it's
3936
3937 985
3938 00:45:03,060 ~-~-> 00:45:04,770
3939 undervalued and it's going to appreciate
3940
3941 986
3942 00:45:04,770 ~-~-> 00:45:08,310
3943 in value with you, without that, they
3944
3945 987
3946 00:45:08,310 ~-~-> 00:45:11,010
3947 will try to accumulate that currency.
3948
3949 988
3950 00:45:11,400 ~-~-> 00:45:14,220
3951 But because their, their volume level is
3952
3953 989
3954 00:45:14,220 ~-~-> 00:45:19,410
3955 such such a great contrast to what we
3956
3957 990
3958 00:45:19,410 ~-~-> 00:45:22,770
3959 see in a retail side, they leave a very
3960
3961 991
3962 00:45:22,770 ~-~-> 00:45:25,650
3963 big footprint. Okay? And I use the
3964
3965 992
3966 00:45:25,650 ~-~-> 00:45:27,720
3967 analogy in this video series. It's like
3968
3969 993
3970 00:45:27,720 ~-~-> 00:45:30,420
3971 the elephant getting in this children's
3972
3973 994
3974 00:45:30,420 ~-~-> 00:45:34,200
3975 pool. Okay? This the displacement of
3976
3977 995
3978 00:45:34,200 ~-~-> 00:45:34,770
3979 water.
3980
3981 996
3982 00:45:36,330 ~-~-> 00:45:38,490
3983 It can't be missed. It's obvious. It's
3984
3985 997
3986 00:45:38,520 ~-~-> 00:45:41,040
3987 when they enter. You can see there's a
3988
3989 998
3990 00:45:41,250 ~-~-> 00:45:44,460
3991 there's a major shift in price. Okay,
3992
3993 999
3994 00:45:44,460 ~-~-> 00:45:46,260
3995 they don't sneak in. They don't, you
3996
3997 1000
3998 00:45:46,260 ~-~-> 00:45:48,300
3999 know, all of a sudden I look at that,
4000
4001 1001
4002 00:45:48,300 ~-~-> 00:45:50,970
4003 you know, this 500 PIP rally just took
4004
4005 1002
4006 00:45:50,970 ~-~-> 00:45:52,200
4007 off out of nowhere. Where'd this come
4008
4009 1003
4010 00:45:52,200 ~-~-> 00:45:55,020
4011 from? If you understand what an elephant
4012
4013 1004
4014 00:45:55,020 ~-~-> 00:45:57,180
4015 track looks like, you'll know what
4016
4017 1005
4018 00:45:57,210 ~-~-> 00:46:00,180
4019 happens in the future. When you see See
4020
4021 1006
4022 00:46:00,180 ~-~-> 00:46:02,730
4023 them start to materialize in price
4024
4025 1007
4026 00:46:02,730 ~-~-> 00:46:05,670
4027 action. Okay. It's a rather simplistic
4028
4029 1008
4030 00:46:05,670 ~-~-> 00:46:08,340
4031 way of looking at it. But the main thing
4032
4033 1009
4034 00:46:08,370 ~-~-> 00:46:10,530
4035 you need to understand as a trader is
4036
4037 1010
4038 00:46:10,530 ~-~-> 00:46:13,500
4039 that you are not going to muscle this
4040
4041 1011
4042 00:46:13,500 ~-~-> 00:46:16,740
4043 market. Okay, you're not going to be the
4044
4045 1012
4046 00:46:16,740 ~-~-> 00:46:18,300
4047 catalyst for it to move up and down.
4048
4049 1013
4050 00:46:18,600 ~-~-> 00:46:21,300
4051 Okay? It's a collection of us the retail
4052
4053 1014
4054 00:46:21,300 ~-~-> 00:46:24,030
4055 universe in trading will not move this
4056
4057 1015
4058 00:46:24,030 ~-~-> 00:46:25,710
4059 market. Now, we may cause little minor
4060
4061 1016
4062 00:46:25,710 ~-~-> 00:46:28,590
4063 blips, okay, in a very, very short term,
4064
4065 1017
4066 00:46:29,040 ~-~-> 00:46:34,710
4067 okay. But by far and large, the currents
4068
4069 1018
4070 00:46:34,740 ~-~-> 00:46:36,750
4071 in the marketplace are always going to
4072
4073 1019
4074 00:46:36,750 ~-~-> 00:46:39,600
4075 be dictated by the larger predators,
4076
4077 1020
4078 00:46:39,660 ~-~-> 00:46:42,240
4079 okay? And those entities are what we
4080
4081 1021
4082 00:46:42,240 ~-~-> 00:46:44,820
4083 considered quote unquote, smart money.
4084
4085 1022
4086 00:46:46,020 ~-~-> 00:46:47,970
4087 And because they have the sheer volume
4088
4089 1023
4090 00:46:47,970 ~-~-> 00:46:49,950
4091 behind their, their trades, you know,
4092
4093 1024
4094 00:46:50,040 ~-~-> 00:46:53,760
4095 they can manipulate the marketplace on a
4096
4097 1025
4098 00:46:53,760 ~-~-> 00:46:57,780
4099 certain certain timeframe. Now, the long
4100
4101 1026
4102 00:46:57,780 ~-~-> 00:47:02,010
4103 term trends obviously result of these
4104
4105 1027
4106 00:47:02,220 ~-~-> 00:47:03,960
4107 larger institutional Smart Money
4108
4109 1028
4110 00:47:03,990 ~-~-> 00:47:08,250
4111 investors and trading banks. They keep
4112
4113 1029
4114 00:47:08,280 ~-~-> 00:47:10,350
4115 momentum moving in one particular
4116
4117 1030
4118 00:47:10,350 ~-~-> 00:47:12,390
4119 direction or the other until something
4120
4121 1031
4122 00:47:12,390 ~-~-> 00:47:14,520
4123 changes it either fundamentally, or
4124
4125 1032
4126 00:47:14,520 ~-~-> 00:47:17,550
4127 technically, that prevents them from one
4128
4129 1033
4130 00:47:17,550 ~-~-> 00:47:21,840
4131 to participate in that existing trend.
4132
4133 1034
4134 00:47:22,050 ~-~-> 00:47:23,430
4135 And then that's what will happen is
4136
4137 1035
4138 00:47:23,430 ~-~-> 00:47:25,560
4139 you'll see a market shift, there'll be a
4140
4141 1036
4142 00:47:25,560 ~-~-> 00:47:27,990
4143 pause maybe, or an abrupt reversal all
4144
4145 1037
4146 00:47:27,990 ~-~-> 00:47:30,150
4147 together, and a change in market tide.
4148
4149 1038
4150 00:47:31,350 ~-~-> 00:47:33,600
4151 Your job as a trader is simply just get
4152
4153 1039
4154 00:47:33,600 ~-~-> 00:47:36,330
4155 involved with what those Smart Money
4156
4157 1040
4158 00:47:36,330 ~-~-> 00:47:38,160
4159 traders are doing. Okay, and we're gonna
4160
4161 1041
4162 00:47:38,160 ~-~-> 00:47:40,260
4163 be dealing specifically with that type
4164
4165 1042
4166 00:47:40,260 ~-~-> 00:47:45,450
4167 of mindset in this section. And the next
4168
4169 1043
4170 00:47:45,450 ~-~-> 00:47:46,530
4171 section after this, we're going to be
4172
4173 1044
4174 00:47:46,530 ~-~-> 00:47:49,590
4175 dealing with a lot more specifics in
4176
4177 1045
4178 00:47:49,590 ~-~-> 00:47:52,890
4179 terms of how to trade with the insights
4180
4181 1046
4182 00:47:53,340 ~-~-> 00:47:55,350
4183 that's gleaned with Smart Money action,
4184
4185 1047
4186 00:47:55,710 ~-~-> 00:47:57,750
4187 and in the candlesticks and the new
4188
4189 1048
4190 00:47:57,750 ~-~-> 00:47:59,340
4191 overall price action of whatever asset
4192
4193 1049
4194 00:47:59,340 ~-~-> 00:48:02,670
4195 class to trade, and because this is an
4196
4197 1050
4198 00:48:02,670 ~-~-> 00:48:04,920
4199 ICT concept, it's universal. it's
4200
4201 1051
4202 00:48:04,920 ~-~-> 00:48:06,840
4203 applicable to commodities applicable to
4204
4205 1052
4206 00:48:06,840 ~-~-> 00:48:11,310
4207 stocks, energies, crude oil, metals,
4208
4209 1053
4210 00:48:11,340 ~-~-> 00:48:12,780
4211 gold, silver, palladium, platinum,
4212
4213 1054
4214 00:48:13,380 ~-~-> 00:48:17,790
4215 copper, in in, as well as debt
4216
4217 1055
4218 00:48:17,790 ~-~-> 00:48:19,710
4219 instruments like the bond and Tino
4220
4221 1056
4222 00:48:19,710 ~-~-> 00:48:22,290
4223 markets. So don't think this is only
4224
4225 1057
4226 00:48:22,290 ~-~-> 00:48:25,050
4227 going to work in forex. It's a measure
4228
4229 1058
4230 00:48:25,080 ~-~-> 00:48:28,650
4231 of understanding how to read
4232
4233 1059
4234 00:48:29,280 ~-~-> 00:48:31,890
4235 institutional ordering, and the order
4236
4237 1060
4238 00:48:31,890 ~-~-> 00:48:34,800
4239 flow that's apparent in price action.
4240
4241 1061
4242 00:48:35,190 ~-~-> 00:48:39,870
4243 And it does not require a dependency on
4244
4245 1062
4246 00:48:39,870 ~-~-> 00:48:44,670
4247 indicators, okay, so it's a leading
4248
4249 1063
4250 00:48:44,670 ~-~-> 00:48:46,650
4251 indicator, if you will, it does not lag.
4252
4253 1064
4254 00:48:46,680 ~-~-> 00:48:47,760
4255 Okay. So in other words, you're going to
4256
4257 1065
4258 00:48:47,760 ~-~-> 00:48:50,580
4259 see the future and what I'm sharing with
4260
4261 1066
4262 00:48:50,580 ~-~-> 00:48:54,090
4263 this concept versus what you would glean
4264
4265 1067
4266 00:48:54,090 ~-~-> 00:48:55,920
4267 if you were just using a stochastic or a
4268
4269 1068
4270 00:48:55,920 ~-~-> 00:48:58,470
4271 MACD or whatever indicator you like to
4272
4273 1069
4274 00:48:58,470 ~-~-> 00:49:00,450
4275 use, okay, so it's a forward Looking
4276
4277 1070
4278 00:49:00,690 ~-~-> 00:49:03,810
4279 approach versus looking at old data and
4280
4281 1071
4282 00:49:03,810 ~-~-> 00:49:05,610
4283 crunching it mathematically to arrive at
4284
4285 1072
4286 00:49:05,610 ~-~-> 00:49:08,370
4287 whenever you come to believe is
4288
4289 1073
4290 00:49:08,640 ~-~-> 00:49:13,680
4291 beneficial with indicators. Alright, so
4292
4293 1074
4294 00:49:13,710 ~-~-> 00:49:17,010
4295 what makes a trade? high probability?
4296
4297 1075
4298 00:49:17,250 ~-~-> 00:49:18,900
4299 Okay, in other words, strategically
4300
4301 1076
4302 00:49:18,900 ~-~-> 00:49:21,180
4303 speaking, when you hear mentors or
4304
4305 1077
4306 00:49:21,180 ~-~-> 00:49:23,310
4307 traders or authors or whatever it is
4308
4309 1078
4310 00:49:23,310 ~-~-> 00:49:26,310
4311 that you, you pay attention to, or even
4312
4313 1079
4314 00:49:26,310 ~-~-> 00:49:30,060
4315 me when I say this is high probability,
4316
4317 1080
4318 00:49:30,420 ~-~-> 00:49:34,380
4319 what deems that setup high probability?
4320
4321 1081
4322 00:49:35,040 ~-~-> 00:49:36,990
4323 Well, the simple fact is, is it's
4324
4325 1082
4326 00:49:37,500 ~-~-> 00:49:40,350
4327 generally in sync with what the higher
4328
4329 1083
4330 00:49:40,350 ~-~-> 00:49:43,140
4331 timeframe market charts are telling us.
4332
4333 1084
4334 00:49:43,500 ~-~-> 00:49:46,650
4335 And also with the current market
4336
4337 1085
4338 00:49:46,650 ~-~-> 00:49:47,850
4339 environment, in other words, there's a
4340
4341 1086
4342 00:49:47,850 ~-~-> 00:49:50,220
4343 risk on risk off is it moving in in the
4344
4345 1087
4346 00:49:50,220 ~-~-> 00:49:51,420
4347 general tide of what the higher
4348
4349 1088
4350 00:49:51,420 ~-~-> 00:49:52,920
4351 timeframe markets are doing because
4352
4353 1089
4354 00:49:52,920 ~-~-> 00:49:54,720
4355 again, we understand that these large
4356
4357 1090
4358 00:49:54,750 ~-~-> 00:49:58,260
4359 animal, predator and these elephants, if
4360
4361 1091
4362 00:49:58,260 ~-~-> 00:49:59,520
4363 you will, when they enter the
4364
4365 1092
4366 00:49:59,520 ~-~-> 00:50:02,610
4367 marketplace They're going to push price
4368
4369 1093
4370 00:50:02,610 ~-~-> 00:50:03,930
4371 around. And again, think of that
4372
4373 1094
4374 00:50:03,930 ~-~-> 00:50:07,560
4375 analogy, the, the price of the asset
4376
4377 1095
4378 00:50:07,560 ~-~-> 00:50:08,550
4379 class and we're going to stick with
4380
4381 1096
4382 00:50:08,550 ~-~-> 00:50:11,970
4383 forex. In this example. Assuming For
4384
4385 1097
4386 00:50:12,120 ~-~-> 00:50:14,640
4387 this example, we're looking at the fiber
4388
4389 1098
4390 00:50:15,120 ~-~-> 00:50:19,140
4391 or your USD pair for the market rally,
4392
4393 1099
4394 00:50:19,410 ~-~-> 00:50:21,810
4395 as we see here in the early part of
4396
4397 1100
4398 00:50:21,810 ~-~-> 00:50:23,580
4399 July, up
4400
4401 1101
4402 00:50:24,840 ~-~-> 00:50:27,360
4403 to this point here, okay, that's not
4404
4405 1102
4406 00:50:27,360 ~-~-> 00:50:29,940
4407 coming by way of retail traders. Okay.
4408
4409 1103
4410 00:50:29,940 ~-~-> 00:50:31,530
4411 Now, that does not mean that retail
4412
4413 1104
4414 00:50:31,530 ~-~-> 00:50:33,270
4415 traders cannot be a part of this move.
4416
4417 1105
4418 00:50:33,570 ~-~-> 00:50:35,010
4419 Okay, but the catalyst was certainly
4420
4421 1106
4422 00:50:35,010 ~-~-> 00:50:38,820
4423 not, you know, originated by the retail
4424
4425 1107
4426 00:50:38,820 ~-~-> 00:50:42,420
4427 universe. Okay, that was clearly the
4428
4429 1108
4430 00:50:42,420 ~-~-> 00:50:44,730
4431 large dominant players in the
4432
4433 1109
4434 00:50:44,730 ~-~-> 00:50:49,350
4435 marketplace. But there are certain clues
4436
4437 1110
4438 00:50:49,350 ~-~-> 00:50:52,950
4439 that are left in the chart. That's very
4440
4441 1111
4442 00:50:52,950 ~-~-> 00:50:53,970
4443 clear if you understand what you're
4444
4445 1112
4446 00:50:53,970 ~-~-> 00:50:56,880
4447 looking for, and how you can use those
4448
4449 1113
4450 00:50:56,880 ~-~-> 00:51:00,750
4451 moving forward. If we under Standard our
4452
4453 1114
4454 00:51:00,750 ~-~-> 00:51:03,270
4455 trading is in sync with that mindset.
4456
4457 1115
4458 00:51:03,600 ~-~-> 00:51:07,080
4459 That's what causes us to qualify or
4460
4461 1116
4462 00:51:07,080 ~-~-> 00:51:10,320
4463 quantify the trade as high probability.
4464
4465 1117
4466 00:51:10,500 ~-~-> 00:51:12,600
4467 Why is it high probability is because
4468
4469 1118
4470 00:51:12,630 ~-~-> 00:51:14,910
4471 it's moving in the journal tied, that's
4472
4473 1119
4474 00:51:14,910 ~-~-> 00:51:17,310
4475 been established by the larger dominant
4476
4477 1120
4478 00:51:17,370 ~-~-> 00:51:20,640
4479 institutional trading. So if we are in
4480
4481 1121
4482 00:51:20,640 ~-~-> 00:51:22,380
4483 sync with that tide, or if we're in sync
4484
4485 1122
4486 00:51:22,380 ~-~-> 00:51:24,780
4487 with that market momentum, okay, we are
4488
4489 1123
4490 00:51:24,780 ~-~-> 00:51:27,330
4491 not trying to be contrarian in regards
4492
4493 1124
4494 00:51:27,330 ~-~-> 00:51:30,300
4495 to fighting the strong arm Smart Money
4496
4497 1125
4498 00:51:30,300 ~-~-> 00:51:32,160
4499 traders, okay? They're going to take the
4500
4501 1126
4502 00:51:32,160 ~-~-> 00:51:33,780
4503 market where they wanted to go
4504
4505 1127
4506 00:51:33,780 ~-~-> 00:51:35,460
4507 regardless of how many indicators you
4508
4509 1128
4510 00:51:35,460 ~-~-> 00:51:37,590
4511 have on your chart, whether it be your,
4512
4513 1129
4514 00:51:37,950 ~-~-> 00:51:41,070
4515 you know, your electronic little trading
4516
4517 1130
4518 00:51:41,070 ~-~-> 00:51:42,780
4519 programs that you created and typed up
4520
4521 1131
4522 00:51:42,780 ~-~-> 00:51:44,190
4523 and maybe you bought it on the internet
4524
4525 1132
4526 00:51:44,190 ~-~-> 00:51:45,210
4527 and it's made a lot of money in the
4528
4529 1133
4530 00:51:45,210 ~-~-> 00:51:47,910
4531 past. Those absolutely are worthless
4532
4533 1134
4534 00:51:48,000 ~-~-> 00:51:49,710
4535 unless they're in sync with what the
4536
4537 1135
4538 00:51:50,010 ~-~-> 00:51:51,660
4539 large institutional traders are doing.
4540
4541 1136
4542 00:51:51,750 ~-~-> 00:51:54,600
4543 Okay. And the only way you understand
4544
4545 1137
4546 00:51:54,600 ~-~-> 00:51:56,250
4547 what they're doing is by price action,
4548
4549 1138
4550 00:51:57,060 ~-~-> 00:51:59,850
4551 and leading indicators such as working
4552
4553 1139
4554 00:51:59,850 ~-~-> 00:52:02,010
4555 with Discuss in these next two sections.
4556
4557 1140
4558 00:52:02,430 ~-~-> 00:52:05,070
4559 And I promise you, you're going to jump
4560
4561 1141
4562 00:52:05,100 ~-~-> 00:52:08,400
4563 about 20 light years ahead in terms of
4564
4565 1142
4566 00:52:08,400 ~-~-> 00:52:10,110
4567 what your understanding in price action
4568
4569 1143
4570 00:52:10,410 ~-~-> 00:52:12,030
4571 and prognostication in terms of
4572
4573 1144
4574 00:52:12,030 ~-~-> 00:52:13,560
4575 technical analysis, okay, that's a
4576
4577 1145
4578 00:52:13,560 ~-~-> 00:52:17,940
4579 promise a guaranteed okay? So now, let's
4580
4581 1146
4582 00:52:17,940 ~-~-> 00:52:20,910
4583 take a look at the ICT no brainer,
4584
4585 1147
4586 00:52:21,000 ~-~-> 00:52:23,730
4587 directional bias concepts. Okay? And I
4588
4589 1148
4590 00:52:23,730 ~-~-> 00:52:25,590
4591 say that with tongue in cheek because
4592
4593 1149
4594 00:52:26,040 ~-~-> 00:52:28,590
4595 I've been asked so many times about
4596
4597 1150
4598 00:52:28,950 ~-~-> 00:52:32,460
4599 directional bias and, you know, how, how
4600
4601 1151
4602 00:52:32,460 ~-~-> 00:52:34,920
4603 do I get it right more times than wrong
4604
4605 1152
4606 00:52:34,980 ~-~-> 00:52:36,300
4607 in terms of where the direction of the
4608
4609 1153
4610 00:52:36,300 ~-~-> 00:52:38,130
4611 market is going to go, either be short
4612
4613 1154
4614 00:52:38,130 ~-~-> 00:52:39,780
4615 term, intermediate term or even long
4616
4617 1155
4618 00:52:39,780 ~-~-> 00:52:42,000
4619 term. And it's simply a matter of
4620
4621 1156
4622 00:52:42,000 ~-~-> 00:52:44,670
4623 understanding higher level charts
4624
4625 1157
4626 00:52:44,700 ~-~-> 00:52:47,820
4627 support resistance, price action, and
4628
4629 1158
4630 00:52:47,850 ~-~-> 00:52:50,040
4631 the overall tendency that the market
4632
4633 1159
4634 00:52:50,040 ~-~-> 00:52:52,170
4635 will continue to move in one direction
4636
4637 1160
4638 00:52:52,170 ~-~-> 00:52:54,660
4639 or another, until something of equal or
4640
4641 1161
4642 00:52:54,660 ~-~-> 00:53:01,470
4643 greater that may cause a break Shift the
4644
4645 1162
4646 00:53:01,470 ~-~-> 00:53:04,860
4647 title in the higher level charts. So if
4648
4649 1163
4650 00:53:04,860 ~-~-> 00:53:07,020
4651 you have that understanding, every
4652
4653 1164
4654 00:53:07,020 ~-~-> 00:53:09,360
4655 little minor move on an intraday charts,
4656
4657 1165
4658 00:53:09,390 ~-~-> 00:53:12,480
4659 okay, are meaningless in regards to the
4660
4661 1166
4662 00:53:12,480 ~-~-> 00:53:14,820
4663 higher time frame unless you understand
4664
4665 1167
4666 00:53:14,820 ~-~-> 00:53:16,260
4667 how to apply them and what do I mean by
4668
4669 1168
4670 00:53:16,260 ~-~-> 00:53:20,040
4671 that? We'll use this rally from here in
4672
4673 1169
4674 00:53:20,040 ~-~-> 00:53:22,710
4675 July. Okay, from the lows made here in
4676
4677 1170
4678 00:53:22,710 ~-~-> 00:53:24,960
4679 the fiber. Again, Euro USD is the daily
4680
4681 1171
4682 00:53:24,960 ~-~-> 00:53:27,540
4683 chart as the market moves from this
4684
4685 1172
4686 00:53:27,540 ~-~-> 00:53:29,760
4687 point here, okay, and we're just gonna
4688
4689 1173
4690 00:53:30,480 ~-~-> 00:53:33,030
4691 quickly identify the, the ranges here.
4692
4693 1174
4694 00:53:33,510 ~-~-> 00:53:36,120
4695 Okay, this point here, and I'm just
4696
4697 1175
4698 00:53:36,120 ~-~-> 00:53:37,740
4699 roughly just dropping in doesn't have to
4700
4701 1176
4702 00:53:37,740 ~-~-> 00:53:39,600
4703 be the exact we're just talking about a
4704
4705 1177
4706 00:53:39,600 ~-~-> 00:53:42,180
4707 specific move in price. Okay, from
4708
4709 1178
4710 00:53:42,180 ~-~-> 00:53:45,570
4711 around the 127 57, low to 134 50 level.
4712
4713 1179
4714 00:53:45,810 ~-~-> 00:53:48,270
4715 Okay, that's a pretty significant means
4716
4717 1180
4718 00:53:48,270 ~-~-> 00:53:50,640
4719 of movement between one point to
4720
4721 1181
4722 00:53:50,640 ~-~-> 00:53:53,190
4723 another. Now in terms of pips, we're
4724
4725 1182
4726 00:53:53,190 ~-~-> 00:53:57,480
4727 talking approximately almost 700 pips
4728
4729 1183
4730 00:53:57,510 ~-~-> 00:54:00,600
4731 rally from there. Okay. And We were
4732
4733 1184
4734 00:54:00,600 ~-~-> 00:54:02,940
4735 talking about the cable on fiber making
4736
4737 1185
4738 00:54:02,940 ~-~-> 00:54:05,790
4739 a low back in here, both this point and
4740
4741 1186
4742 00:54:05,790 ~-~-> 00:54:08,910
4743 this point here. So this is no surprise
4744
4745 1187
4746 00:54:08,910 ~-~-> 00:54:12,000
4747 to us in terms of ICT concepts. If you
4748
4749 1188
4750 00:54:12,000 ~-~-> 00:54:14,190
4751 go back on on YouTube, I actually talked
4752
4753 1189
4754 00:54:14,190 ~-~-> 00:54:15,780
4755 about the cable acts and making the very
4756
4757 1190
4758 00:54:15,780 ~-~-> 00:54:20,340
4759 low well in advance based around some of
4760
4761 1191
4762 00:54:20,340 ~-~-> 00:54:21,390
4763 the principles we're going to talk about
4764
4765 1192
4766 00:54:21,390 ~-~-> 00:54:23,160
4767 here. And also I'm going to build upon
4768
4769 1193
4770 00:54:23,190 ~-~-> 00:54:25,290
4771 what's already been released in my
4772
4773 1194
4774 00:54:25,320 ~-~-> 00:54:30,000
4775 previous works. So now, if we understand
4776
4777 1195
4778 00:54:30,000 ~-~-> 00:54:34,230
4779 this has been established, okay, this
4780
4781 1196
4782 00:54:34,230 ~-~-> 00:54:35,550
4783 price moves been established by the
4784
4785 1197
4786 00:54:35,550 ~-~-> 00:54:37,650
4787 large institutional Smart Money traders,
4788
4789 1198
4790 00:54:37,650 ~-~-> 00:54:39,900
4791 okay, those that have huge blocks of
4792
4793 1199
4794 00:54:39,900 ~-~-> 00:54:41,730
4795 trading, that will push the market all
4796
4797 1200
4798 00:54:41,730 ~-~-> 00:54:44,550
4799 over the place. It does not mean that
4800
4801 1201
4802 00:54:44,550 ~-~-> 00:54:46,080
4803 there's not short term selling
4804
4805 1202
4806 00:54:46,080 ~-~-> 00:54:47,790
4807 opportunities in here. Okay, I'm not,
4808
4809 1203
4810 00:54:47,880 ~-~-> 00:54:50,160
4811 I'm not negating the effectiveness of
4812
4813 1204
4814 00:54:50,160 ~-~-> 00:54:52,740
4815 short term or day trading contrarian to
4816
4817 1205
4818 00:54:52,740 ~-~-> 00:54:54,270
4819 the larger time frame. I'm not saying
4820
4821 1206
4822 00:54:54,270 ~-~-> 00:54:56,700
4823 that, but this series is really designed
4824
4825 1207
4826 00:54:56,700 ~-~-> 00:55:00,000
4827 to get you focused in on only two
4828
4829 1208
4830 00:55:00,000 ~-~-> 00:55:03,150
4831 Reading with this tide. Okay? And when
4832
4833 1209
4834 00:55:03,150 ~-~-> 00:55:05,940
4835 you start trading with that it's same
4836
4837 1210
4838 00:55:05,940 ~-~-> 00:55:08,250
4839 thing here from this high to this low.
4840
4841 1211
4842 00:55:08,460 ~-~-> 00:55:09,960
4843 If you were looking for just shorts in
4844
4845 1212
4846 00:55:09,960 ~-~-> 00:55:12,450
4847 that environment, your trades number one
4848
4849 1213
4850 00:55:12,480 ~-~-> 00:55:15,690
4851 are going to be, quote unquote high
4852
4853 1214
4854 00:55:15,690 ~-~-> 00:55:17,370
4855 probability because you're trading in
4856
4857 1215
4858 00:55:17,370 ~-~-> 00:55:19,650
4859 sync with the higher timeframe. macro
4860
4861 1216
4862 00:55:19,650 ~-~-> 00:55:21,360
4863 perspective, okay, because we're looking
4864
4865 1217
4866 00:55:21,360 ~-~-> 00:55:24,360
4867 at a daily chart and this flow,
4868
4869 1218
4870 00:55:25,050 ~-~-> 00:55:27,870
4871 okay of orders moving lower. Okay, it's
4872
4873 1219
4874 00:55:27,870 ~-~-> 00:55:30,660
4875 going to drive pricing lower, even
4876
4877 1220
4878 00:55:30,660 ~-~-> 00:55:31,740
4879 though you'll see these minor little
4880
4881 1221
4882 00:55:31,740 ~-~-> 00:55:34,500
4883 blips going higher intraday, okay, those
4884
4885 1222
4886 00:55:34,500 ~-~-> 00:55:36,840
4887 are rallies that you sell into much in
4888
4889 1223
4890 00:55:36,840 ~-~-> 00:55:39,450
4891 the same capacity on the flip side of
4892
4893 1224
4894 00:55:39,450 ~-~-> 00:55:42,060
4895 that, all during this point here, any
4896
4897 1225
4898 00:55:42,060 ~-~-> 00:55:45,270
4899 decline just sets up a retracement in a
4900
4901 1226
4902 00:55:45,330 ~-~-> 00:55:46,560
4903 up move. Okay, so you're going to be
4904
4905 1227
4906 00:55:46,560 ~-~-> 00:55:51,390
4907 trading retracements lower into a
4908
4909 1228
4910 00:55:52,020 ~-~-> 00:55:53,580
4911 upswing in price because you're
4912
4913 1229
4914 00:55:53,580 ~-~-> 00:55:56,460
4915 basically buying dips and rally and
4916
4917 1230
4918 00:55:56,460 ~-~-> 00:55:59,040
4919 you're selling rallies in a decline.
4920
4921 1231
4922 00:55:59,220 ~-~-> 00:56:01,680
4923 Okay, so As the markets moving lower,
4924
4925 1232
4926 00:56:01,980 ~-~-> 00:56:03,990
4927 you're going to be looking for rallies
4928
4929 1233
4930 00:56:03,990 ~-~-> 00:56:07,080
4931 to sell into that flies in the face of
4932
4933 1234
4934 00:56:07,080 ~-~-> 00:56:09,420
4935 what generally neophyte traders
4936
4937 1235
4938 00:56:09,570 ~-~-> 00:56:12,390
4939 anticipate or expect to do rather, okay
4940
4941 1236
4942 00:56:12,390 ~-~-> 00:56:14,280
4943 or react to okay, because generally,
4944
4945 1237
4946 00:56:15,090 ~-~-> 00:56:18,690
4947 retail neophytes don't have skills to
4948
4949 1238
4950 00:56:18,690 ~-~-> 00:56:21,090
4951 anticipate they simply react, you know,
4952
4953 1239
4954 00:56:21,120 ~-~-> 00:56:23,490
4955 an economic report come out, you know,
4956
4957 1240
4958 00:56:23,490 ~-~-> 00:56:25,260
4959 five minutes ago that they had no idea
4960
4961 1241
4962 00:56:25,260 ~-~-> 00:56:26,160
4963 was coming because they never pay
4964
4965 1242
4966 00:56:26,160 ~-~-> 00:56:27,480
4967 attention to the economic calendar,
4968
4969 1243
4970 00:56:27,570 ~-~-> 00:56:29,910
4971 something that a seasoned professional
4972
4973 1244
4974 00:56:29,940 ~-~-> 00:56:32,190
4975 will always consult prior to the week
4976
4977 1245
4978 00:56:32,190 ~-~-> 00:56:35,160
4979 beginning. In fact, I know what's coming
4980
4981 1246
4982 00:56:35,460 ~-~-> 00:56:37,200
4983 up for the entire month and I have
4984
4985 1247
4986 00:56:37,230 ~-~-> 00:56:39,180
4987 certain dates that I circle where
4988
4989 1248
4990 00:56:39,180 ~-~-> 00:56:40,620
4991 there's going to be high probability
4992
4993 1249
4994 00:56:40,620 ~-~-> 00:56:43,770
4995 volatility, okay because I view market
4996
4997 1250
4998 00:56:43,980 ~-~-> 00:56:46,680
4999 economic indicators and reports that
5000
5001 1251
5002 00:56:46,680 ~-~-> 00:56:49,770
5003 come out you you methodically out
5004
5005 1252
5006 00:56:49,800 ~-~-> 00:56:52,440
5007 throughout the entire month. These
5008
5009 1253
5010 00:56:52,470 ~-~-> 00:56:54,810
5011 reports, okay, are injections of
5012
5013 1254
5014 00:56:54,810 ~-~-> 00:56:57,240
5015 volatility and I look for them to set up
5016
5017 1255
5018 00:56:57,240 ~-~-> 00:56:59,700
5019 or can confirm a continuation of an
5020
5021 1256
5022 00:56:59,700 ~-~-> 00:57:01,680
5023 exist Move on may either be a part of or
5024
5025 1257
5026 00:57:01,680 ~-~-> 00:57:03,180
5027 looking to be a part of. So I'm
5028
5029 1258
5030 00:57:03,180 ~-~-> 00:57:05,850
5031 anticipating versus with the neophyte
5032
5033 1259
5034 00:57:05,850 ~-~-> 00:57:09,120
5035 traders Do you know and majority of the
5036
5037 1260
5038 00:57:09,120 ~-~-> 00:57:11,460
5039 folks that populate these online forums
5040
5041 1261
5042 00:57:11,460 ~-~-> 00:57:14,640
5043 that, you know, where they appear as if
5044
5045 1262
5046 00:57:14,640 ~-~-> 00:57:16,530
5047 they may be convincing other people that
5048
5049 1263
5050 00:57:16,530 ~-~-> 00:57:17,880
5051 they're smart or, or they're
5052
5053 1264
5054 00:57:17,880 ~-~-> 00:57:19,980
5055 intelligent, or they have a service
5056
5057 1265
5058 00:57:19,980 ~-~-> 00:57:21,870
5059 that's, you know, useful. So therefore,
5060
5061 1266
5062 00:57:21,870 ~-~-> 00:57:23,640
5063 I'm going to sell for $25 a month or
5064
5065 1267
5066 00:57:23,790 ~-~-> 00:57:26,310
5067 $120 a month or whatever, okay, those
5068
5069 1268
5070 00:57:26,310 ~-~-> 00:57:30,360
5071 individuals, okay, they are nowhere near
5072
5073 1269
5074 00:57:30,360 ~-~-> 00:57:33,180
5075 the degree of trader that you are
5076
5077 1270
5078 00:57:33,180 ~-~-> 00:57:35,220
5079 looking for, you want to go beyond that,
5080
5081 1271
5082 00:57:35,280 ~-~-> 00:57:37,740
5083 okay. And to get into the realm of what
5084
5085 1272
5086 00:57:37,740 ~-~-> 00:57:39,540
5087 we considered an underground traders
5088
5089 1273
5090 00:57:39,540 ~-~-> 00:57:41,880
5091 like myself, or folks that are just
5092
5093 1274
5094 00:57:41,880 ~-~-> 00:57:44,160
5095 really out there killing it. And they
5096
5097 1275
5098 00:57:44,160 ~-~-> 00:57:46,050
5099 don't, we don't really care, who
5100
5101 1276
5102 00:57:46,050 ~-~-> 00:57:47,580
5103 believes what we're making. We don't we
5104
5105 1277
5106 00:57:47,580 ~-~-> 00:57:49,920
5107 don't care about that. You want to get
5108
5109 1278
5110 00:57:49,920 ~-~-> 00:57:52,080
5111 to that same mindset as well. Okay, and
5112
5113 1279
5114 00:57:52,080 ~-~-> 00:57:53,070
5115 the concepts that we're going to be
5116
5117 1280
5118 00:57:53,070 ~-~-> 00:57:55,590
5119 learning in this, this particular video
5120
5121 1281
5122 00:57:55,590 ~-~-> 00:57:59,880
5123 itself is going to be hugely impactful
5124
5125 1282
5126 00:58:00,000 ~-~-> 00:58:02,580
5127 Your trading if you apply it correctly,
5128
5129 1283
5130 00:58:02,880 ~-~-> 00:58:05,160
5131 and it's very, very simple procedures,
5132
5133 1284
5134 00:58:05,280 ~-~-> 00:58:08,460
5135 so I'm pretty confident that it won't be
5136
5137 1285
5138 00:58:08,460 ~-~-> 00:58:12,600
5139 taken out of the intended context of how
5140
5141 1286
5142 00:58:12,600 ~-~-> 00:58:14,550
5143 to apply it, because it's rather simple.
5144
5145 1287
5146 00:58:15,180 ~-~-> 00:58:19,410
5147 But my advice to you is trying not to
5148
5149 1288
5150 00:58:19,410 ~-~-> 00:58:22,860
5151 build on this and add more things to it
5152
5153 1289
5154 00:58:22,860 ~-~-> 00:58:24,210
5155 because we're going to be talking about
5156
5157 1290
5158 00:58:24,210 ~-~-> 00:58:26,550
5159 candlestick patterns. Okay, but there's
5160
5161 1291
5162 00:58:26,550 ~-~-> 00:58:28,530
5163 not a whole slew of them like you see,
5164
5165 1292
5166 00:58:28,740 ~-~-> 00:58:30,720
5167 if you pick up, you know, a candlestick
5168
5169 1293
5170 00:58:30,720 ~-~-> 00:58:33,540
5171 charting book, you know, man, I have so
5172
5173 1294
5174 00:58:33,540 ~-~-> 00:58:35,640
5175 many candlestick patterns, how do you?
5176
5177 1295
5178 00:58:36,300 ~-~-> 00:58:38,490
5179 How do you arrive at what what to use?
5180
5181 1296
5182 00:58:38,550 ~-~-> 00:58:40,830
5183 Okay, and it's just, it's just too much.
5184
5185 1297
5186 00:58:40,890 ~-~-> 00:58:44,670
5187 Okay, it's information overload. Prior
5188
5189 1298
5190 00:58:44,670 ~-~-> 00:58:47,040
5191 to this video series, I presented a
5192
5193 1299
5194 00:58:47,040 ~-~-> 00:58:51,240
5195 whole plethora of general market insight
5196
5197 1300
5198 00:58:51,690 ~-~-> 00:58:55,020
5199 because it was meant to get you focused
5200
5201 1301
5202 00:58:55,020 ~-~-> 00:58:58,290
5203 in on what specifically is useful when
5204
5205 1302
5206 00:58:58,290 ~-~-> 00:59:00,540
5207 you're digesting price as Moving
5208
5209 1303
5210 00:59:00,540 ~-~-> 00:59:03,000
5211 intraday daily weekly, you want to be
5212
5213 1304
5214 00:59:03,000 ~-~-> 00:59:05,550
5215 seeing certain things and till you
5216
5217 1305
5218 00:59:05,550 ~-~-> 00:59:09,690
5219 identify the the, the repeating
5220
5221 1306
5222 00:59:09,690 ~-~-> 00:59:11,880
5223 reoccurrence of certain phenomenon that
5224
5225 1307
5226 00:59:11,880 ~-~-> 00:59:14,910
5227 takes place in price. You can't get
5228
5229 1308
5230 00:59:14,910 ~-~-> 00:59:17,370
5231 deeper into price action study, okay?
5232
5233 1309
5234 00:59:17,460 ~-~-> 00:59:20,250
5235 Imagine how many of you can speak
5236
5237 1310
5238 00:59:20,250 ~-~-> 00:59:23,850
5239 Russian? I can't. So for me to learn it,
5240
5241 1311
5242 00:59:23,850 ~-~-> 00:59:25,770
5243 I got to go through this long daunting
5244
5245 1312
5246 00:59:25,770 ~-~-> 00:59:28,470
5247 task of understanding how to use simple
5248
5249 1313
5250 00:59:28,470 ~-~-> 00:59:31,170
5251 terms. And, you know, maybe you're in
5252
5253 1314
5254 00:59:31,170 ~-~-> 00:59:33,240
5255 some mannerisms, to commute to
5256
5257 1315
5258 00:59:33,420 ~-~-> 00:59:35,940
5259 communicate that, that language in the
5260
5261 1316
5262 00:59:35,940 ~-~-> 00:59:38,490
5263 initial stages, it's almost like, you
5264
5265 1317
5266 00:59:38,490 ~-~-> 00:59:40,290
5267 know, when we were in kindergarten as an
5268
5269 1318
5270 00:59:40,290 ~-~-> 00:59:41,610
5271 American, you know, when we learn
5272
5273 1319
5274 00:59:41,610 ~-~-> 00:59:43,290
5275 English, we start with these picture
5276
5277 1320
5278 00:59:43,290 ~-~-> 00:59:45,660
5279 forms. This is an apple, you start with
5280
5281 1321
5282 00:59:45,660 ~-~-> 00:59:46,830
5283 a very, very,
5284
5285 1322
5286 00:59:47,670 ~-~-> 00:59:48,420
5287 you know,
5288
5289 1323
5290 00:59:49,679 ~-~-> 00:59:52,769
5291 limited scope in terms of understanding
5292
5293 1324
5294 00:59:52,769 ~-~-> 00:59:56,729
5295 and you build upon that. Well, the the
5296
5297 1325
5298 00:59:56,729 ~-~-> 00:59:59,279
5299 original onset of my information being
5300
5301 1326
5302 00:59:59,279 ~-~-> 01:00:01,889
5303 released It went over a lot of people's
5304
5305 1327
5306 01:00:01,889 ~-~-> 01:00:03,629
5307 heads because they were looking for the
5308
5309 1328
5310 01:00:03,659 ~-~-> 01:00:05,699
5311 get me and get me out. And I need to do
5312
5313 1329
5314 01:00:05,699 ~-~-> 01:00:07,859
5315 this every single day. And they didn't
5316
5317 1330
5318 01:00:07,859 ~-~-> 01:00:10,499
5319 want to take the learning approach to
5320
5321 1331
5322 01:00:10,499 ~-~-> 01:00:13,409
5323 understanding the market completely.
5324
5325 1332
5326 01:00:13,709 ~-~-> 01:00:15,449
5327 Okay? There's got to be a macro
5328
5329 1333
5330 01:00:15,449 ~-~-> 01:00:17,339
5331 perspective in your understanding.
5332
5333 1334
5334 01:00:17,759 ~-~-> 01:00:19,289
5335 Otherwise, the things that we're going
5336
5337 1335
5338 01:00:19,289 ~-~-> 01:00:21,419
5339 to be discussing here, okay, you're
5340
5341 1336
5342 01:00:21,419 ~-~-> 01:00:24,809
5343 going to know if you got a full grasp on
5344
5345 1337
5346 01:00:24,809 ~-~-> 01:00:26,159
5347 the general principles that I've
5348
5349 1338
5350 01:00:26,159 ~-~-> 01:00:28,229
5351 released. Because if this goes over your
5352
5353 1339
5354 01:00:28,229 ~-~-> 01:00:31,139
5355 head, you had no idea what you missed,
5356
5357 1340
5358 01:00:31,349 ~-~-> 01:00:32,789
5359 go back over all the previous
5360
5361 1341
5362 01:00:32,789 ~-~-> 01:00:34,289
5363 information I released on the internet,
5364
5365 1342
5366 01:00:34,589 ~-~-> 01:00:35,579
5367 okay, and then you'll be able to
5368
5369 1343
5370 01:00:35,579 ~-~-> 01:00:36,899
5371 understand what I'm about to share here,
5372
5373 1344
5374 01:00:37,109 ~-~-> 01:00:38,729
5375 because it's simply not looking for a
5376
5377 1345
5378 01:00:38,729 ~-~-> 01:00:41,009
5379 particular white or black candle, and
5380
5381 1346
5382 01:00:41,009 ~-~-> 01:00:42,119
5383 therefore, it's going to do this every
5384
5385 1347
5386 01:00:42,119 ~-~-> 01:00:44,069
5387 time it does. Don't Don't think that
5388
5389 1348
5390 01:00:44,099 ~-~-> 01:00:45,839
5391 okay, but if you understand the
5392
5393 1349
5394 01:00:45,839 ~-~-> 01:00:47,519
5395 parameters that we're going to cover,
5396
5397 1350
5398 01:00:47,939 ~-~-> 01:00:50,849
5399 and why it's designed to do what we're
5400
5401 1351
5402 01:00:50,849 ~-~-> 01:00:53,759
5403 anticipating, you'll, you'll see that
5404
5405 1352
5406 01:00:53,759 ~-~-> 01:00:55,679
5407 it's not surprised you you'll know going
5408
5409 1353
5410 01:00:55,679 ~-~-> 01:00:58,079
5411 into every week of the month that you
5412
5413 1354
5414 01:00:58,109 ~-~-> 01:00:59,819
5415 know exactly specifically what you're
5416
5417 1355
5418 01:00:59,819 ~-~-> 01:01:01,589
5419 looking For, you know what days of the
5420
5421 1356
5422 01:01:01,589 ~-~-> 01:01:02,729
5423 week you're going to be looking for, you
5424
5425 1357
5426 01:01:02,729 ~-~-> 01:01:04,229
5427 know what time of that day you're
5428
5429 1358
5430 01:01:04,229 ~-~-> 01:01:06,209
5431 looking for it to occur. Now, does that
5432
5433 1359
5434 01:01:06,209 ~-~-> 01:01:07,649
5435 sound like someone that's rolling the
5436
5437 1360
5438 01:01:07,649 ~-~-> 01:01:09,779
5439 dice? Does that sound like somebody that
5440
5441 1361
5442 01:01:09,779 ~-~-> 01:01:11,009
5443 really doesn't know what they're doing?
5444
5445 1362
5446 01:01:11,369 ~-~-> 01:01:14,759
5447 Okay? The skills that you're going to
5448
5449 1363
5450 01:01:14,759 ~-~-> 01:01:18,719
5451 learn, okay? are going to give you the
5452
5453 1364
5454 01:01:18,719 ~-~-> 01:01:21,539
5455 ability to remove all of the emotions
5456
5457 1365
5458 01:01:21,539 ~-~-> 01:01:24,239
5459 that's always plagued you. Okay? And I
5460
5461 1366
5462 01:01:24,239 ~-~-> 01:01:25,319
5463 know some of you you're beating your,
5464
5465 1367
5466 01:01:25,409 ~-~-> 01:01:28,109
5467 your fist on the on the couch probably
5468
5469 1368
5470 01:01:28,109 ~-~-> 01:01:29,519
5471 or your computer desk at work, whatever,
5472
5473 1369
5474 01:01:29,729 ~-~-> 01:01:31,709
5475 come on, ICT get to it's a whole lot of
5476
5477 1370
5478 01:01:31,709 ~-~-> 01:01:33,869
5479 ramble here. Okay. But I really want you
5480
5481 1371
5482 01:01:33,869 ~-~-> 01:01:37,949
5483 to understand that it's, it's important,
5484
5485 1372
5486 01:01:37,949 ~-~-> 01:01:40,199
5487 it's crucial that you understand that
5488
5489 1373
5490 01:01:40,229 ~-~-> 01:01:47,759
5491 this is not needed to be rocket science.
5492
5493 1374
5494 01:01:47,849 ~-~-> 01:01:50,669
5495 Okay? If there's a lot of tools that
5496
5497 1375
5498 01:01:50,669 ~-~-> 01:01:53,309
5499 I've shared, I've tweaked it, other
5500
5501 1376
5502 01:01:53,309 ~-~-> 01:01:55,559
5503 people have created, I had my own little
5504
5505 1377
5506 01:01:55,559 ~-~-> 01:01:58,799
5507 spin on it. But some of these things
5508
5509 1378
5510 01:01:58,799 ~-~-> 01:02:00,779
5511 that are just simply They're that are
5512
5513 1379
5514 01:02:00,779 ~-~-> 01:02:03,959
5515 very, very generic. Okay? They elude all
5516
5517 1380
5518 01:02:03,959 ~-~-> 01:02:05,909
5519 this. And when I first started looking
5520
5521 1381
5522 01:02:05,909 ~-~-> 01:02:08,459
5523 at charts, it eluded me as well, okay?
5524
5525 1382
5526 01:02:08,819 ~-~-> 01:02:10,919
5527 But I'm going to strip all this stuff
5528
5529 1383
5530 01:02:10,919 ~-~-> 01:02:12,659
5531 back and open the curtain if you will,
5532
5533 1384
5534 01:02:12,719 ~-~-> 01:02:14,189
5535 okay? And you're going to look through
5536
5537 1385
5538 01:02:14,189 ~-~-> 01:02:17,339
5539 the, the eyes of ICT and you're going to
5540
5541 1386
5542 01:02:17,339 ~-~-> 01:02:21,509
5543 have ICT vision. Okay, starting now, I'm
5544
5545 1387
5546 01:02:21,509 ~-~-> 01:02:22,769
5547 going to give you the perspective that
5548
5549 1388
5550 01:02:22,769 ~-~-> 01:02:24,149
5551 you need as a professional trader,
5552
5553 1389
5554 01:02:24,299 ~-~-> 01:02:25,439
5555 you're going to give you the perspective
5556
5557 1390
5558 01:02:25,469 ~-~-> 01:02:27,959
5559 that you need to see price through the
5560
5561 1391
5562 01:02:27,959 ~-~-> 01:02:30,569
5563 lens of a price action trader. This is
5564
5565 1392
5566 01:02:30,569 ~-~-> 01:02:32,669
5567 what you want to be looking at and what
5568
5569 1393
5570 01:02:32,669 ~-~-> 01:02:34,109
5571 you're hunting and what you're stalking
5572
5573 1394
5574 01:02:34,109 ~-~-> 01:02:36,659
5575 and why you're doing it. Okay. So let's
5576
5577 1395
5578 01:02:36,659 ~-~-> 01:02:40,949
5579 go and start working on the directional
5580
5581 1396
5582 01:02:40,979 ~-~-> 01:02:47,099
5583 bias concepts. And hopefully, you guys
5584
5585 1397
5586 01:02:47,099 ~-~-> 01:02:48,779
5587 are all frothing at the mouth ready to
5588
5589 1398
5590 01:02:49,589 ~-~-> 01:02:52,019
5591 devour what is going to be shared here.
5592
5593 1399
5594 01:02:52,469 ~-~-> 01:02:54,689
5595 Now there's going to be a very similar
5596
5597 1400
5598 01:02:55,169 ~-~-> 01:02:58,829
5599 apparents to a few of these concepts
5600
5601 1401
5602 01:02:58,829 ~-~-> 01:03:02,279
5603 because I've released Some videos in the
5604
5605 1402
5606 01:03:02,279 ~-~-> 01:03:05,279
5607 past where they discovered, you know, by
5608
5609 1403
5610 01:03:05,279 ~-~-> 01:03:07,889
5611 simply applying a moving average or to
5612
5613 1404
5614 01:03:08,189 ~-~-> 01:03:09,869
5615 it gives me a perspective to stay with a
5616
5617 1405
5618 01:03:09,869 ~-~-> 01:03:12,989
5619 momentum idea. Okay. And that's
5620
5621 1406
5622 01:03:12,989 ~-~-> 01:03:14,309
5623 generally how the funds and
5624
5625 1407
5626 01:03:14,309 ~-~-> 01:03:16,649
5627 institutional traders, you know, keep
5628
5629 1408
5630 01:03:16,649 ~-~-> 01:03:19,139
5631 the momentum going. And it keeps you
5632
5633 1409
5634 01:03:19,139 ~-~-> 01:03:21,479
5635 from trying to pick a top and pick a
5636
5637 1410
5638 01:03:21,479 ~-~-> 01:03:23,039
5639 bottom when there's really no need for
5640
5641 1411
5642 01:03:23,039 ~-~-> 01:03:26,609
5643 you to be doing that yet. Okay? What you
5644
5645 1412
5646 01:03:26,609 ~-~-> 01:03:28,199
5647 want to do is you want to start with
5648
5649 1413
5650 01:03:28,199 ~-~-> 01:03:30,659
5651 your daily chart, okay? Again, this is
5652
5653 1414
5654 01:03:30,659 ~-~-> 01:03:34,169
5655 an intermediate term trading strategy,
5656
5657 1415
5658 01:03:34,199 ~-~-> 01:03:36,119
5659 where it really is focusing on one
5660
5661 1416
5662 01:03:36,149 ~-~-> 01:03:39,149
5663 really strong setup per week. And again,
5664
5665 1417
5666 01:03:39,149 ~-~-> 01:03:41,099
5667 if you're a new trader, that's my advice
5668
5669 1418
5670 01:03:41,099 ~-~-> 01:03:42,689
5671 is to start there with your demo account
5672
5673 1419
5674 01:03:42,689 ~-~-> 01:03:44,249
5675 trading. Don't try to be in there every
5676
5677 1420
5678 01:03:44,249 ~-~-> 01:03:46,589
5679 single day trading, but still study on
5680
5681 1421
5682 01:03:46,589 ~-~-> 01:03:48,989
5683 an intraday basis daily after the fact.
5684
5685 1422
5686 01:03:49,169 ~-~-> 01:03:51,299
5687 So you can get an idea what price action
5688
5689 1423
5690 01:03:51,299 ~-~-> 01:03:55,499
5691 is doing generally, but your your daily
5692
5693 1424
5694 01:03:55,499 ~-~-> 01:03:57,599
5695 chart is your higher timeframe. Okay,
5696
5697 1425
5698 01:03:57,599 ~-~-> 01:03:58,859
5699 and again, we're not negating the
5700
5701 1426
5702 01:03:58,859 ~-~-> 01:04:00,629
5703 importance of MONTH Weekly support
5704
5705 1427
5706 01:04:00,629 ~-~-> 01:04:02,159
5707 resistance, but we're just going to be
5708
5709 1428
5710 01:04:02,159 ~-~-> 01:04:04,379
5711 going to the daily chart as our go to
5712
5713 1429
5714 01:04:04,379 ~-~-> 01:04:06,809
5715 high end, higher timeframe chart, okay,
5716
5717 1430
5718 01:04:06,809 ~-~-> 01:04:09,329
5719 and go over the videos previous to this
5720
5721 1431
5722 01:04:09,329 ~-~-> 01:04:11,789
5723 one, where it discloses what timeframe
5724
5725 1432
5726 01:04:11,789 ~-~-> 01:04:13,679
5727 charts you would use for a particular
5728
5729 1433
5730 01:04:13,679 ~-~-> 01:04:15,719
5731 type of trading that you may be
5732
5733 1434
5734 01:04:15,719 ~-~-> 01:04:19,049
5735 comfortable with. Alright, so again,
5736
5737 1435
5738 01:04:19,049 ~-~-> 01:04:20,039
5739 with the daily chart, what you're going
5740
5741 1436
5742 01:04:20,039 ~-~-> 01:04:22,049
5743 to do is again, using mt four platform,
5744
5745 1437
5746 01:04:22,049 ~-~-> 01:04:25,019
5747 you go up to insert, go to indicators,
5748
5749 1438
5750 01:04:25,379 ~-~-> 01:04:26,639
5751 you're going to go down the trend,
5752
5753 1439
5754 01:04:27,389 ~-~-> 01:04:31,259
5755 you're gonna go to moving average. And
5756
5757 1440
5758 01:04:31,259 ~-~-> 01:04:34,589
5759 you're gonna be using the 18, period,
5760
5761 1441
5762 01:04:34,769 ~-~-> 01:04:36,659
5763 moving average, and it doesn't matter
5764
5765 1442
5766 01:04:36,659 ~-~-> 01:04:37,829
5767 really what colors you use, we're just
5768
5769 1443
5770 01:04:37,829 ~-~-> 01:04:39,839
5771 gonna go with this. And then you're
5772
5773 1444
5774 01:04:39,839 ~-~-> 01:04:42,299
5775 going to go and add another moving
5776
5777 1445
5778 01:04:42,299 ~-~-> 01:04:48,269
5779 average. Okay, and make sure it's
5780
5781 1446
5782 01:04:48,299 ~-~-> 01:04:50,909
5783 exponential. It's just to me, it just
5784
5785 1447
5786 01:04:50,909 ~-~-> 01:04:51,239
5787 gives you a
5788
5789 1448
5790 01:04:51,240 ~-~-> 01:04:55,230
5791 better smoothing factor in terms of
5792
5793 1449
5794 01:04:56,460 ~-~-> 01:04:57,990
5795 moving average and the next period,
5796
5797 1450
5798 01:04:57,990 ~-~-> 01:05:00,930
5799 you're going to be using a nine You want
5800
5801 1451
5802 01:05:00,930 ~-~-> 01:05:02,160
5803 to have this color a little bit
5804
5805 1452
5806 01:05:02,160 ~-~-> 01:05:03,210
5807 different, so we're just going to go
5808
5809 1453
5810 01:05:03,210 ~-~-> 01:05:07,920
5811 with red. Okay, and again, the colors
5812
5813 1454
5814 01:05:07,950 ~-~-> 01:05:09,810
5815 are not important, it's just you want to
5816
5817 1455
5818 01:05:09,810 ~-~-> 01:05:12,570
5819 know for instance, the red one here, the
5820
5821 1456
5822 01:05:12,570 ~-~-> 01:05:14,550
5823 nine, you want to know what that that
5824
5825 1457
5826 01:05:14,550 ~-~-> 01:05:17,850
5827 color is in contrast to the slower 18
5828
5829 1458
5830 01:05:17,850 ~-~-> 01:05:20,310
5831 period exponential moving average, okay?
5832
5833 1459
5834 01:05:21,600 ~-~-> 01:05:23,370
5835 Now, the importance of having a moving
5836
5837 1460
5838 01:05:23,370 ~-~-> 01:05:26,790
5839 average set like this, it would it gives
5840
5841 1461
5842 01:05:26,790 ~-~-> 01:05:28,740
5843 you is it gives you insight in terms of
5844
5845 1462
5846 01:05:28,980 ~-~-> 01:05:31,500
5847 where the institutional flow is. Okay?
5848
5849 1463
5850 01:05:31,770 ~-~-> 01:05:34,230
5851 If you can't see the price swings for
5852
5853 1464
5854 01:05:34,230 ~-~-> 01:05:37,320
5855 what they are naked, this will give you
5856
5857 1465
5858 01:05:38,130 ~-~-> 01:05:40,890
5859 the again quote unquote no brainer. Now
5860
5861 1466
5862 01:05:40,890 ~-~-> 01:05:42,840
5863 again, it's not to promise that you're
5864
5865 1467
5866 01:05:42,840 ~-~-> 01:05:44,280
5867 never going to have a losing trade.
5868
5869 1468
5870 01:05:44,730 ~-~-> 01:05:46,650
5871 That's not I am promised that no one
5872
5873 1469
5874 01:05:46,650 ~-~-> 01:05:49,140
5875 ever can. But what I'm giving you here,
5876
5877 1470
5878 01:05:49,230 ~-~-> 01:05:54,300
5879 you will not miss the two to four really
5880
5881 1471
5882 01:05:54,300 ~-~-> 01:05:57,990
5883 handsome setups per month. Okay, and if
5884
5885 1472
5886 01:05:57,990 ~-~-> 01:05:59,760
5887 you just do the simple math on it, it
5888
5889 1473
5890 01:05:59,760 ~-~-> 01:06:01,320
5891 works out To be about a one shot, one
5892
5893 1474
5894 01:06:01,320 ~-~-> 01:06:06,030
5895 kill per week. That's all you need to
5896
5897 1475
5898 01:06:06,030 ~-~-> 01:06:08,550
5899 make a career, and I'm talking a wildly
5900
5901 1476
5902 01:06:08,550 ~-~-> 01:06:11,610
5903 successful trading career. And I know
5904
5905 1477
5906 01:06:11,610 ~-~-> 01:06:12,990
5907 that flies in the face of what you're
5908
5909 1478
5910 01:06:12,990 ~-~-> 01:06:15,240
5911 expecting or what you currently
5912
5913 1479
5914 01:06:15,240 ~-~-> 01:06:17,790
5915 understand, but I'm promising you, if
5916
5917 1480
5918 01:06:17,790 ~-~-> 01:06:20,400
5919 someone consistently draws 50 pips every
5920
5921 1481
5922 01:06:20,400 ~-~-> 01:06:22,020
5923 single week out of the marketplace, if
5924
5925 1482
5926 01:06:22,020 ~-~-> 01:06:24,090
5927 you know how to do that, and you can
5928
5929 1483
5930 01:06:24,090 ~-~-> 01:06:25,830
5931 control your equity and know how to
5932
5933 1484
5934 01:06:25,830 ~-~-> 01:06:29,190
5935 apply it, you know, systematically, you
5936
5937 1485
5938 01:06:29,190 ~-~-> 01:06:31,680
5939 have absolutely no idea where that can
5940
5941 1486
5942 01:06:31,680 ~-~-> 01:06:33,840
5943 take you. And it's crazy amount of
5944
5945 1487
5946 01:06:33,840 ~-~-> 01:06:36,270
5947 money, crazy, crazy, insane amount of
5948
5949 1488
5950 01:06:36,270 ~-~-> 01:06:39,240
5951 money, if you understand how to do that.
5952
5953 1489
5954 01:06:39,750 ~-~-> 01:06:42,510
5955 But the problem is, you made him You
5956
5957 1490
5958 01:06:42,510 ~-~-> 01:06:44,910
5959 made a simple trade last week or
5960
5961 1491
5962 01:06:44,940 ~-~-> 01:06:47,310
5963 yesterday and you love that feeling,
5964
5965 1492
5966 01:06:47,340 ~-~-> 01:06:49,440
5967 okay? You get addicted that to that
5968
5969 1493
5970 01:06:49,440 ~-~-> 01:06:51,450
5971 moment of astonishment. Okay, so you
5972
5973 1494
5974 01:06:51,450 ~-~-> 01:06:52,590
5975 want to go back in there and do it
5976
5977 1495
5978 01:06:52,590 ~-~-> 01:06:53,880
5979 again. Because you'd like that feeling
5980
5981 1496
5982 01:06:53,880 ~-~-> 01:06:56,490
5983 you need your fix. That was the hardest
5984
5985 1497
5986 01:06:56,490 ~-~-> 01:06:58,530
5987 thing for me to overcome. And I'm
5988
5989 1498
5990 01:06:58,530 ~-~-> 01:06:59,700
5991 promising you that's going to be the
5992
5993 1499
5994 01:06:59,700 ~-~-> 01:07:00,660
5995 hardest thing that you're gonna have to
5996
5997 1500
5998 01:07:00,660 ~-~-> 01:07:03,870
5999 deal with. Because, you know, when we
6000
6001 1501
6002 01:07:03,870 ~-~-> 01:07:06,000
6003 first get involved we can, we can expect
6004
6005 1502
6006 01:07:06,000 ~-~-> 01:07:07,710
6007 to lose money, okay? And for whatever
6008
6009 1503
6010 01:07:07,710 ~-~-> 01:07:09,480
6011 reason we like to block the losers out
6012
6013 1504
6014 01:07:09,510 ~-~-> 01:07:11,700
6015 and only focus on winners, but you need
6016
6017 1505
6018 01:07:11,700 ~-~-> 01:07:13,740
6019 to be able to look at them, you know the
6020
6021 1506
6022 01:07:13,740 ~-~-> 01:07:15,840
6023 same way their trades and you need to
6024
6025 1507
6026 01:07:15,840 ~-~-> 01:07:17,640
6027 learn from them. But more importantly
6028
6029 1508
6030 01:07:17,640 ~-~-> 01:07:19,890
6031 when you make money, okay, you need to
6032
6033 1509
6034 01:07:19,890 ~-~-> 01:07:21,930
6035 act slow when you're trying to make
6036
6037 1510
6038 01:07:21,930 ~-~-> 01:07:24,360
6039 money, and then act fast.
6040
6041 1511
6042 01:07:24,659 ~-~-> 01:07:26,789
6043 Okay, or react fast is the only time you
6044
6045 1512
6046 01:07:26,789 ~-~-> 01:07:28,079
6047 get permission from ICT to be a
6048
6049 1513
6050 01:07:28,079 ~-~-> 01:07:31,019
6051 reactionary trader. you react quickly to
6052
6053 1514
6054 01:07:31,019 ~-~-> 01:07:33,389
6055 preserve or protect your equity or
6056
6057 1515
6058 01:07:33,389 ~-~-> 01:07:37,439
6059 capital. You move slowly to attempt to
6060
6061 1516
6062 01:07:37,439 ~-~-> 01:07:40,709
6063 make money, okay? fools rush in. Where
6064
6065 1517
6066 01:07:40,709 ~-~-> 01:07:44,189
6067 wise man tread softly and slowly Okay,
6068
6069 1518
6070 01:07:44,489 ~-~-> 01:07:46,259
6071 we don't plunge in there trying to just
6072
6073 1519
6074 01:07:46,259 ~-~-> 01:07:48,209
6075 go in and try to make the next dollar. I
6076
6077 1520
6078 01:07:48,209 ~-~-> 01:07:50,279
6079 want to know what I have is lined up
6080
6081 1521
6082 01:07:50,309 ~-~-> 01:07:52,139
6083 with the higher timeframes. There's this
6084
6085 1522
6086 01:07:52,139 ~-~-> 01:07:54,179
6087 nice support resistance level, momentum
6088
6089 1523
6090 01:07:54,179 ~-~-> 01:07:55,649
6091 is moving higher order flows moving
6092
6093 1524
6094 01:07:55,649 ~-~-> 01:07:57,689
6095 higher, then I'll be looking for a long
6096
6097 1525
6098 01:07:57,779 ~-~-> 01:08:00,299
6099 okay in a kill zone based on the into
6100
6101 1526
6102 01:08:00,299 ~-~-> 01:08:02,339
6103 retracements back in an existing price
6104
6105 1527
6106 01:08:02,339 ~-~-> 01:08:03,599
6107 swing, and we're going to talk about
6108
6109 1528
6110 01:08:03,599 ~-~-> 01:08:05,669
6111 that as we go along. But for now, the
6112
6113 1529
6114 01:08:05,669 ~-~-> 01:08:07,559
6115 building block starts with having the
6116
6117 1530
6118 01:08:07,559 ~-~-> 01:08:09,359
6119 two moving averages right here. Okay?
6120
6121 1531
6122 01:08:10,349 ~-~-> 01:08:13,709
6123 When the nine period moving average is
6124
6125 1532
6126 01:08:13,709 ~-~-> 01:08:17,339
6127 below the 18, what that establishes,
6128
6129 1533
6130 01:08:17,579 ~-~-> 01:08:20,279
6131 that's your framework for
6132
6133 1534
6134 01:08:25,890 ~-~-> 01:08:29,640
6135 when the nine period or in this case red
6136
6137 1535
6138 01:08:30,120 ~-~-> 01:08:32,550
6139 moving average is below the blue 18.
6140
6141 1536
6142 01:08:32,550 ~-~-> 01:08:36,330
6143 Period, okay, that establishes a bearish
6144
6145 1537
6146 01:08:37,290 ~-~-> 01:08:39,390
6147 framework, okay, in other words, or I
6148
6149 1538
6150 01:08:39,390 ~-~-> 01:08:42,300
6151 like to call a cell model, okay, our
6152
6153 1539
6154 01:08:42,300 ~-~-> 01:08:45,360
6155 cell program rather. What that does is
6156
6157 1540
6158 01:08:45,360 ~-~-> 01:08:47,520
6159 it gives you the green light go to look
6160
6161 1541
6162 01:08:47,520 ~-~-> 01:08:50,610
6163 for selling opportunities to be a bear.
6164
6165 1542
6166 01:08:50,970 ~-~-> 01:08:52,350
6167 Okay, are you going to be selling into
6168
6169 1543
6170 01:08:52,350 ~-~-> 01:08:56,100
6171 rallies? Okay. And when the nine period
6172
6173 1544
6174 01:08:56,130 ~-~-> 01:08:58,410
6175 is above the 18 period, what you're
6176
6177 1545
6178 01:08:58,410 ~-~-> 01:09:00,510
6179 looking for is buying out opportunities
6180
6181 1546
6182 01:09:00,540 ~-~-> 01:09:03,030
6183 where you want to be buying a dip. Okay
6184
6185 1547
6186 01:09:03,030 ~-~-> 01:09:06,060
6187 intraday or over the course of a few
6188
6189 1548
6190 01:09:06,060 ~-~-> 01:09:09,090
6191 days. If you're a short term trader, as
6192
6193 1549
6194 01:09:09,090 ~-~-> 01:09:11,790
6195 we make a retracement lower, okay, all
6196
6197 1550
6198 01:09:11,790 ~-~-> 01:09:14,070
6199 that's doing is it's creating a new buy
6200
6201 1551
6202 01:09:14,070 ~-~-> 01:09:17,880
6203 opportunity. Okay? And that's what keeps
6204
6205 1552
6206 01:09:17,880 ~-~-> 01:09:19,620
6207 you on the right side of the marketplace
6208
6209 1553
6210 01:09:19,620 ~-~-> 01:09:24,630
6211 and you arrive at what was discussed a
6212
6213 1554
6214 01:09:24,630 ~-~-> 01:09:26,640
6215 few moments ago what classifies a trade
6216
6217 1555
6218 01:09:26,640 ~-~-> 01:09:28,950
6219 as high probability, this is high
6220
6221 1556
6222 01:09:28,950 ~-~-> 01:09:30,900
6223 probability. Okay? And what I want to
6224
6225 1557
6226 01:09:30,900 ~-~-> 01:09:32,370
6227 draw your attention to and here is,
6228
6229 1558
6230 01:09:32,370 ~-~-> 01:09:34,680
6231 again, avoid the notion of having to
6232
6233 1559
6234 01:09:34,680 ~-~-> 01:09:36,390
6235 feel like you have to pick the tops in
6236
6237 1560
6238 01:09:36,390 ~-~-> 01:09:37,740
6239 the bottoms in the marketplace, okay?
6240
6241 1561
6242 01:09:37,980 ~-~-> 01:09:39,930
6243 There's tools that I have that helps you
6244
6245 1562
6246 01:09:39,930 ~-~-> 01:09:41,790
6247 do that on a higher timeframe macro
6248
6249 1563
6250 01:09:41,790 ~-~-> 01:09:43,620
6251 perspective, but we're looking at more
6252
6253 1564
6254 01:09:43,620 ~-~-> 01:09:45,510
6255 dynamic trading. This will allow you to
6256
6257 1565
6258 01:09:45,510 ~-~-> 01:09:47,730
6259 get into the trenches, immediately start
6260
6261 1566
6262 01:09:47,730 ~-~-> 01:09:49,830
6263 applying the tools, okay, on a weekly
6264
6265 1567
6266 01:09:49,830 ~-~-> 01:09:51,330
6267 basis, and then hopefully in your demo
6268
6269 1568
6270 01:09:51,330 ~-~-> 01:09:52,590
6271 account, you'll see the fruits of your
6272
6273 1569
6274 01:09:52,590 ~-~-> 01:09:55,800
6275 labors. But it also is this I
6276
6277 1570
6278 01:09:55,800 ~-~-> 01:09:57,570
6279 specifically chose this timeframe
6280
6281 1571
6282 01:09:57,690 ~-~-> 01:10:00,840
6283 because it will it will force you To not
6284
6285 1572
6286 01:10:00,840 ~-~-> 01:10:03,300
6287 over trade, which is one of the biggest,
6288
6289 1573
6290 01:10:03,480 ~-~-> 01:10:07,080
6291 huge barrier for new traders. Day
6292
6293 1574
6294 01:10:07,080 ~-~-> 01:10:09,210
6295 Trading is not everyday trading, okay?
6296
6297 1575
6298 01:10:09,390 ~-~-> 01:10:11,010
6299 And I'm not teaching you day trading
6300
6301 1576
6302 01:10:11,010 ~-~-> 01:10:14,160
6303 here, I'm teaching you high probability
6304
6305 1577
6306 01:10:14,280 ~-~-> 01:10:17,670
6307 one shot one kill, kill them hard, I
6308
6309 1578
6310 01:10:17,670 ~-~-> 01:10:20,550
6311 mean, just knock them dead type setups
6312
6313 1579
6314 01:10:20,550 ~-~-> 01:10:22,320
6315 where if you just sit back and you wait
6316
6317 1580
6318 01:10:22,320 ~-~-> 01:10:23,520
6319 for these types of setups and you're
6320
6321 1581
6322 01:10:23,520 ~-~-> 01:10:25,920
6323 demonstrating, you'll see a huge
6324
6325 1582
6326 01:10:25,920 ~-~-> 01:10:28,410
6327 increase of your, your confidence, your
6328
6329 1583
6330 01:10:28,410 ~-~-> 01:10:30,450
6331 understanding the marketplace, you will
6332
6333 1584
6334 01:10:30,450 ~-~-> 01:10:32,910
6335 hone your patience, you may not have
6336
6337 1585
6338 01:10:32,910 ~-~-> 01:10:35,640
6339 patience now, but using the concepts in
6340
6341 1586
6342 01:10:35,640 ~-~-> 01:10:39,000
6343 this series, you are forced to hone your
6344
6345 1587
6346 01:10:39,000 ~-~-> 01:10:41,790
6347 patience. Okay. A lot of folks that I've
6348
6349 1588
6350 01:10:41,790 ~-~-> 01:10:43,770
6351 been in contact with over the last few
6352
6353 1589
6354 01:10:43,770 ~-~-> 01:10:46,140
6355 years because of my presence on a
6356
6357 1590
6358 01:10:46,140 ~-~-> 01:10:49,830
6359 particular market forum. They have
6360
6361 1591
6362 01:10:49,830 ~-~-> 01:10:51,600
6363 struggled with patience, they struggle
6364
6365 1592
6366 01:10:51,600 ~-~-> 01:10:53,850
6367 with these, these demons if you will,
6368
6369 1593
6370 01:10:54,030 ~-~-> 01:10:57,090
6371 internally. So I'm forcing you go back
6372
6373 1594
6374 01:10:57,090 ~-~-> 01:10:59,340
6375 to this type of perspective. Okay, and
6376
6377 1595
6378 01:10:59,340 ~-~-> 01:11:00,900
6379 number one is going to live Your excess
6380
6381 1596
6382 01:11:01,470 ~-~-> 01:11:03,750
6383 trading, it'll take it down a huge
6384
6385 1597
6386 01:11:03,780 ~-~-> 01:11:05,130
6387 notch. Okay, because you're only gonna
6388
6389 1598
6390 01:11:05,130 ~-~-> 01:11:08,280
6391 be trading at maximum, you know, a few
6392
6393 1599
6394 01:11:08,280 ~-~-> 01:11:10,350
6395 times a week, okay, depending upon the
6396
6397 1600
6398 01:11:10,350 ~-~-> 01:11:13,140
6399 Killzone and the setup. And you're
6400
6401 1601
6402 01:11:13,140 ~-~-> 01:11:15,570
6403 forced to have a much larger perspective
6404
6405 1602
6406 01:11:15,570 ~-~-> 01:11:18,660
6407 in terms of your analysis. So really the
6408
6409 1603
6410 01:11:18,660 ~-~-> 01:11:21,660
6411 worst case scenario, I think that a
6412
6413 1604
6414 01:11:21,660 ~-~-> 01:11:23,790
6415 trader would have would be maybe, you
6416
6417 1605
6418 01:11:23,790 ~-~-> 01:11:26,760
6419 know, 12 to 14 trades the entire month.
6420
6421 1606
6422 01:11:27,120 ~-~-> 01:11:29,070
6423 And that's still might, in my opinion,
6424
6425 1607
6426 01:11:29,070 ~-~-> 01:11:31,560
6427 that's a busy trader. And some of you
6428
6429 1608
6430 01:11:31,560 ~-~-> 01:11:33,090
6431 guys get in here and you find 10 minutes
6432
6433 1609
6434 01:11:33,090 ~-~-> 01:11:36,120
6435 and you catch them five or six pips and
6436
6437 1610
6438 01:11:36,120 ~-~-> 01:11:37,710
6439 that's wonderful. If that's what you do.
6440
6441 1611
6442 01:11:37,980 ~-~-> 01:11:39,720
6443 That's wonderful. I just think that's
6444
6445 1612
6446 01:11:39,810 ~-~-> 01:11:42,660
6447 crazy, but I used to do it and it
6448
6449 1613
6450 01:11:42,660 ~-~-> 01:11:43,890
6451 doesn't pay off the amount of time you
6452
6453 1614
6454 01:11:43,890 ~-~-> 01:11:46,170
6455 put in. If you have this perspective,
6456
6457 1615
6458 01:11:46,170 ~-~-> 01:11:47,130
6459 you're going to see it blows it out of
6460
6461 1616
6462 01:11:47,130 ~-~-> 01:11:49,170
6463 the water. And I'm not spending a whole
6464
6465 1617
6466 01:11:49,170 ~-~-> 01:11:50,490
6467 lot of time in front of my computers.
6468
6469 1618
6470 01:11:50,550 ~-~-> 01:11:52,170
6471 Okay. And which is what you want to be
6472
6473 1619
6474 01:11:52,170 ~-~-> 01:11:53,730
6475 doing to professional traders don't
6476
6477 1620
6478 01:11:54,120 ~-~-> 01:11:56,100
6479 don't live in front of monitors. Okay,
6480
6481 1621
6482 01:11:56,130 ~-~-> 01:11:58,980
6483 they don't do it. junkies do. Okay,
6484
6485 1622
6486 01:11:58,980 ~-~-> 01:12:02,580
6487 action hounds, do And they may do a
6488
6489 1623
6490 01:12:02,580 ~-~-> 01:12:05,190
6491 trading for a living, okay, but I'm not
6492
6493 1624
6494 01:12:05,190 ~-~-> 01:12:07,380
6495 promising you their own age all the
6496
6497 1625
6498 01:12:07,380 ~-~-> 01:12:08,340
6499 time, they're probably
6500
6501 1626
6502 01:12:09,630 ~-~-> 01:12:10,260
6503 dumping
6504
6505 1627
6506 01:12:10,710 ~-~-> 01:12:12,960
6507 gallons of caffeinated drinks in their
6508
6509 1628
6510 01:12:12,960 ~-~-> 01:12:15,540
6511 body, okay? And high sugars and, and
6512
6513 1629
6514 01:12:15,570 ~-~-> 01:12:17,130
6515 just their health probably really,
6516
6517 1630
6518 01:12:17,130 ~-~-> 01:12:19,440
6519 really stinks in terms of, you're not
6520
6521 1631
6522 01:12:19,440 ~-~-> 01:12:21,300
6523 being a part of the real world out away
6524
6525 1632
6526 01:12:21,300 ~-~-> 01:12:22,890
6527 from these charts. So this is going to
6528
6529 1633
6530 01:12:22,890 ~-~-> 01:12:25,710
6531 give you that ability to do that. So we
6532
6533 1634
6534 01:12:25,710 ~-~-> 01:12:27,960
6535 already identified when the parameters
6536
6537 1635
6538 01:12:27,960 ~-~-> 01:12:31,350
6539 are in place for a selling framework,
6540
6541 1636
6542 01:12:31,380 ~-~-> 01:12:33,900
6543 okay, when the nine is below the 18, and
6544
6545 1637
6546 01:12:33,900 ~-~-> 01:12:35,490
6547 then when the nine is above the 18,
6548
6549 1638
6550 01:12:35,730 ~-~-> 01:12:37,140
6551 that's the framework to be a buyer.
6552
6553 1639
6554 01:12:37,410 ~-~-> 01:12:42,780
6555 Okay? Again, do not, do not worry about
6556
6557 1640
6558 01:12:42,780 ~-~-> 01:12:46,350
6559 catching these turning points. Okay.
6560
6561 1641
6562 01:12:46,800 ~-~-> 01:12:49,080
6563 Don't worry about that. Because what I'm
6564
6565 1642
6566 01:12:49,080 ~-~-> 01:12:51,000
6567 allowing you to do is you're going to
6568
6569 1643
6570 01:12:51,000 ~-~-> 01:12:55,650
6571 run into where your trading stops being
6572
6573 1644
6574 01:12:55,650 ~-~-> 01:12:58,230
6575 profitable, and you'll have to, number
6576
6577 1645
6578 01:12:58,230 ~-~-> 01:13:00,720
6579 one, adjust your equity. You'll To
6580
6581 1646
6582 01:13:00,870 ~-~-> 01:13:03,630
6583 calibrate your risk to reward, you'll
6584
6585 1647
6586 01:13:03,630 ~-~-> 01:13:06,990
6587 have to calibrate your leverage based on
6588
6589 1648
6590 01:13:06,990 ~-~-> 01:13:09,990
6591 your equity decline, okay? Too many
6592
6593 1649
6594 01:13:09,990 ~-~-> 01:13:12,420
6595 folks overlook that. Okay, and this is
6596
6597 1650
6598 01:13:12,420 ~-~-> 01:13:13,830
6599 going to force you to do those very
6600
6601 1651
6602 01:13:13,830 ~-~-> 01:13:16,710
6603 things. Okay? professional traders and
6604
6605 1652
6606 01:13:16,710 ~-~-> 01:13:19,710
6607 money managers, we do that always, on a
6608
6609 1653
6610 01:13:19,710 ~-~-> 01:13:21,480
6611 daily basis, we're always looking at
6612
6613 1654
6614 01:13:21,510 ~-~-> 01:13:23,400
6615 what we're risking what we stand to
6616
6617 1655
6618 01:13:23,400 ~-~-> 01:13:25,200
6619 make, and how are we going to remove
6620
6621 1656
6622 01:13:25,200 ~-~-> 01:13:28,050
6623 that risk to do zero and then lock in a
6624
6625 1657
6626 01:13:28,050 ~-~-> 01:13:30,030
6627 profit. That's where the majority of my
6628
6629 1658
6630 01:13:30,030 ~-~-> 01:13:31,710
6631 analysis is, it's not looking at charts
6632
6633 1659
6634 01:13:31,710 ~-~-> 01:13:33,330
6635 and waiting for the biases. If I signals
6636
6637 1660
6638 01:13:33,330 ~-~-> 01:13:34,530
6639 in the sell signals, that's that's the
6640
6641 1661
6642 01:13:34,530 ~-~-> 01:13:38,130
6643 easy stuff. The hard part is knowing
6644
6645 1662
6646 01:13:38,160 ~-~-> 01:13:40,470
6647 that the markets predisposed to go
6648
6649 1663
6650 01:13:40,470 ~-~-> 01:13:42,900
6651 higher and in fighting that urge to risk
6652
6653 1664
6654 01:13:42,930 ~-~-> 01:13:45,450
6655 8% of my account, you know, 20% of my
6656
6657 1665
6658 01:13:45,450 ~-~-> 01:13:47,100
6659 account because I see this stuff happen
6660
6661 1666
6662 01:13:47,130 ~-~-> 01:13:50,910
6663 all the time. You a reasonably expect it
6664
6665 1667
6666 01:13:50,910 ~-~-> 01:13:53,010
6667 and anticipate it to unfold, but there's
6668
6669 1668
6670 01:13:53,010 ~-~-> 01:13:55,590
6671 no guarantee it's going to Okay, so I'm
6672
6673 1669
6674 01:13:55,590 ~-~-> 01:13:58,410
6675 giving you these these skills, okay to
6676
6677 1670
6678 01:13:58,680 ~-~-> 01:14:02,130
6679 work with you Give you a mindset that
6680
6681 1671
6682 01:14:02,280 ~-~-> 01:14:05,310
6683 hopefully will guide you to consistency.
6684
6685 1672
6686 01:14:06,480 ~-~-> 01:14:09,300
6687 So let's look at a, just a brief sample
6688
6689 1673
6690 01:14:09,300 ~-~-> 01:14:11,250
6691 set of how this is applicable, we're
6692
6693 1674
6694 01:14:11,250 ~-~-> 01:14:12,930
6695 just going to go and scroll through just
6696
6697 1675
6698 01:14:12,930 ~-~-> 01:14:15,600
6699 briefly. Okay, and we'll start here
6700
6701 1676
6702 01:14:15,600 ~-~-> 01:14:16,710
6703 again, I'll just, I don't want to go
6704
6705 1677
6706 01:14:16,710 ~-~-> 01:14:17,940
6707 back too far, because we could make a
6708
6709 1678
6710 01:14:17,940 ~-~-> 01:14:20,730
6711 huge, you know, treatise over this whole
6712
6713 1679
6714 01:14:20,730 ~-~-> 01:14:22,380
6715 thing and really not get to the other
6716
6717 1680
6718 01:14:22,380 ~-~-> 01:14:25,590
6719 things that I want to cover. But we have
6720
6721 1681
6722 01:14:25,590 ~-~-> 01:14:28,050
6723 the nine period break below here. Now,
6724
6725 1682
6726 01:14:28,620 ~-~-> 01:14:30,480
6727 price can step through both of these
6728
6729 1683
6730 01:14:30,480 ~-~-> 01:14:32,340
6731 moving averages. Okay, that's not
6732
6733 1684
6734 01:14:32,370 ~-~-> 01:14:34,290
6735 important in here. The important fact
6736
6737 1685
6738 01:14:34,290 ~-~-> 01:14:36,690
6739 is, is that if the nines below the 18th,
6740
6741 1686
6742 01:14:36,720 ~-~-> 01:14:39,870
6743 your mindset is I'm looking for sell
6744
6745 1687
6746 01:14:39,870 ~-~-> 01:14:41,400
6747 scenarios and looking for rallies to
6748
6749 1688
6750 01:14:41,400 ~-~-> 01:14:46,230
6751 sell into, okay. And you can expect the
6752
6753 1689
6754 01:14:46,230 ~-~-> 01:14:49,110
6755 blue line or the 18 period, okay to act
6756
6757 1690
6758 01:14:49,110 ~-~-> 01:14:50,910
6759 as like a dynamic support resistance
6760
6761 1691
6762 01:14:50,910 ~-~-> 01:14:53,310
6763 level, okay? I don't like trend lines. I
6764
6765 1692
6766 01:14:53,310 ~-~-> 01:14:55,680
6767 don't have faith in them. Okay. But when
6768
6769 1693
6770 01:14:55,680 ~-~-> 01:14:58,350
6771 you have a moving average like this, it
6772
6773 1694
6774 01:14:58,350 ~-~-> 01:15:01,200
6775 just, it allows me to anticipate price
6776
6777 1695
6778 01:15:01,410 ~-~-> 01:15:02,940
6779 reacting, it's very nice example of it
6780
6781 1696
6782 01:15:02,940 ~-~-> 01:15:05,460
6783 here. Okay, a nice example of it here as
6784
6785 1697
6786 01:15:05,460 ~-~-> 01:15:07,620
6787 well. And the bodies of the candles
6788
6789 1698
6790 01:15:07,620 ~-~-> 01:15:10,680
6791 remained below the 18 Here, here. So
6792
6793 1699
6794 01:15:10,860 ~-~-> 01:15:12,240
6795 even though we did have some wick step
6796
6797 1700
6798 01:15:12,240 ~-~-> 01:15:14,340
6799 through it to body itself was unable to
6800
6801 1701
6802 01:15:14,340 ~-~-> 01:15:16,650
6803 close above and remain lower, and you
6804
6805 1702
6806 01:15:16,650 ~-~-> 01:15:18,210
6807 can see that the result of the market
6808
6809 1703
6810 01:15:18,240 ~-~-> 01:15:20,940
6811 action was going to the downside. So
6812
6813 1704
6814 01:15:22,110 ~-~-> 01:15:24,720
6815 when you have that in place, okay, you
6816
6817 1705
6818 01:15:24,720 ~-~-> 01:15:28,200
6819 have that in place. It allows you to,
6820
6821 1706
6822 01:15:28,200 ~-~-> 01:15:30,510
6823 number one, view the market with a
6824
6825 1707
6826 01:15:30,510 ~-~-> 01:15:33,390
6827 higher level institutional momentum
6828
6829 1708
6830 01:15:33,420 ~-~-> 01:15:35,970
6831 perspective. Okay? That's a whole lot of
6832
6833 1709
6834 01:15:35,970 ~-~-> 01:15:37,710
6835 words there. And I try to I'm not trying
6836
6837 1710
6838 01:15:37,710 ~-~-> 01:15:40,560
6839 to be wordy or sound intellectual. I'm
6840
6841 1711
6842 01:15:40,560 ~-~-> 01:15:43,080
6843 trying to communicate the understanding
6844
6845 1712
6846 01:15:43,080 ~-~-> 01:15:44,520
6847 that I have in the marketplace because I
6848
6849 1713
6850 01:15:44,520 ~-~-> 01:15:46,170
6851 can't if there was a resource for me to
6852
6853 1714
6854 01:15:46,170 ~-~-> 01:15:47,700
6855 say, hey, go to this book. And this is
6856
6857 1715
6858 01:15:47,700 ~-~-> 01:15:49,260
6859 what it teaches you I would have saved
6860
6861 1716
6862 01:15:49,260 ~-~-> 01:15:50,910
6863 myself a lot of trouble. But there's no
6864
6865 1717
6866 01:15:50,910 ~-~-> 01:15:52,260
6867 books out that I'm aware of, and I have
6868
6869 1718
6870 01:15:52,260 ~-~-> 01:15:54,990
6871 a huge library of it. So I this is the
6872
6873 1719
6874 01:15:54,990 ~-~-> 01:15:56,970
6875 way for me to create it like a language
6876
6877 1720
6878 01:15:56,970 ~-~-> 01:15:58,890
6879 or vocabulary for us to interact so you
6880
6881 1721
6882 01:15:58,890 ~-~-> 01:16:02,790
6883 can understand the concept Okay, so when
6884
6885 1722
6886 01:16:02,790 ~-~-> 01:16:05,700
6887 we have the nine period above it above
6888
6889 1723
6890 01:16:05,700 ~-~-> 01:16:07,920
6891 the 18, we're buying and when the nine
6892
6893 1724
6894 01:16:07,920 ~-~-> 01:16:09,480
6895 periods below the 18 we're selling,
6896
6897 1725
6898 01:16:09,690 ~-~-> 01:16:12,780
6899 okay? That by itself will get you into a
6900
6901 1726
6902 01:16:12,780 ~-~-> 01:16:15,420
6903 whole lot of wonderful, sweet little
6904
6905 1727
6906 01:16:15,570 ~-~-> 01:16:17,790
6907 sweet spots in the market, we can just
6908
6909 1728
6910 01:16:17,790 ~-~-> 01:16:19,710
6911 take these opportunities and be happy
6912
6913 1729
6914 01:16:19,710 ~-~-> 01:16:22,530
6915 with that. But because I'm ICT that's
6916
6917 1730
6918 01:16:22,530 ~-~-> 01:16:24,210
6919 not enough, okay, I got to take it to
6920
6921 1731
6922 01:16:24,210 ~-~-> 01:16:26,070
6923 the nth degree. And we're going to be
6924
6925 1732
6926 01:16:26,070 ~-~-> 01:16:28,890
6927 looking at how we can further amplify
6928
6929 1733
6930 01:16:28,920 ~-~-> 01:16:31,740
6931 the effectiveness of directional bias
6932
6933 1734
6934 01:16:31,800 ~-~-> 01:16:35,220
6935 understanding with now we're going to
6936
6937 1735
6938 01:16:36,000 ~-~-> 01:16:37,770
6939 look at a series
6940
6941 1736
6942 01:16:40,890 ~-~-> 01:16:41,940
6943 Okay, of
6944
6945 1737
6946 01:16:45,210 ~-~-> 01:16:50,610
6947 we'll just use a slow area to okay in
6948
6949 1738
6950 01:16:50,610 ~-~-> 01:16:59,820
6951 here, that was a by area from this point
6952
6953 1739
6954 01:16:59,820 ~-~-> 01:17:07,860
6955 in Here, here was a buying area. And
6956
6957 1740
6958 01:17:10,590 ~-~-> 01:17:22,320
6959 right in here became a selling framework
6960
6961 1741
6962 01:17:22,320 ~-~-> 01:17:24,360
6963 where you're really just focusing on
6964
6965 1742
6966 01:17:25,110 ~-~-> 01:17:30,600
6967 being a bear. And we'll just use that
6968
6969 1743
6970 01:17:30,810 ~-~-> 01:17:34,710
6971 because that's a nice little price swing
6972
6973 1744
6974 01:17:34,710 ~-~-> 01:17:37,230
6975 in here we can work with it. And what
6976
6977 1745
6978 01:17:37,230 ~-~-> 01:17:38,670
6979 I'm going to do now is I'm going to take
6980
6981 1746
6982 01:17:38,670 ~-~-> 01:17:39,990
6983 the moving averages off because while
6984
6985 1747
6986 01:17:39,990 ~-~-> 01:17:44,010
6987 we've already established where the
6988
6989 1748
6990 01:17:44,010 ~-~-> 01:17:46,020
6991 averages have communicated the
6992
6993 1749
6994 01:17:46,830 ~-~-> 01:17:48,120
6995 bullishness or bearishness that we
6996
6997 1750
6998 01:17:48,120 ~-~-> 01:17:50,160
6999 should be focusing on Okay, so now with
7000
7001 1751
7002 01:17:50,160 ~-~-> 01:17:52,290
7003 those moving averages way, we're going
7004
7005 1752
7006 01:17:52,290 ~-~-> 01:17:56,100
7007 to apply now market structure and order
7008
7009 1753
7010 01:17:56,100 ~-~-> 01:17:59,190
7011 flow. Okay and or market flow, whatever
7012
7013 1754
7014 01:17:59,190 ~-~-> 01:18:01,800
7015 you want to call it, but The premise of
7016
7017 1755
7018 01:18:01,800 ~-~-> 01:18:03,660
7019 where swing highs are taken out to the
7020
7021 1756
7022 01:18:03,660 ~-~-> 01:18:05,850
7023 upside. Okay, that is momentum on the
7024
7025 1757
7026 01:18:05,850 ~-~-> 01:18:09,540
7027 upside, in addition to when you have
7028
7029 1758
7030 01:18:09,660 ~-~-> 01:18:11,970
7031 these little areas where market is
7032
7033 1759
7034 01:18:11,970 ~-~-> 01:18:13,470
7035 generally looking to move higher or
7036
7037 1760
7038 01:18:13,470 ~-~-> 01:18:15,690
7039 lower based on just two components
7040
7041 1761
7042 01:18:15,690 ~-~-> 01:18:18,450
7043 blended together. And what I mean by
7044
7045 1762
7046 01:18:18,450 ~-~-> 01:18:20,640
7047 that, well, we're going to go up to the
7048
7049 1763
7050 01:18:20,640 ~-~-> 01:18:24,360
7051 indicator thing here on Mt four. And,
7052
7053 1764
7054 01:18:24,750 ~-~-> 01:18:28,620
7055 again, I do not require a five day or
7056
7057 1765
7058 01:18:28,620 ~-~-> 01:18:30,330
7059 five candle pattern to create
7060
7061 1766
7062 01:18:31,140 ~-~-> 01:18:31,920
7063 a fractal.
7064
7065 1767
7066 01:18:32,220 ~-~-> 01:18:35,310
7067 Okay, and when I say fractal, it's this
7068
7069 1768
7070 01:18:35,310 ~-~-> 01:18:39,660
7071 little thingamabob, that's on Mt four.
7072
7073 1769
7074 01:18:42,150 ~-~-> 01:18:43,590
7075 And I probably should use a different
7076
7077 1770
7078 01:18:43,590 ~-~-> 01:18:47,460
7079 color, which I'm going to do now. And
7080
7081 1771
7082 01:18:47,460 ~-~-> 01:18:50,250
7083 we're just going to use we'll use red
7084
7085 1772
7086 01:18:50,250 ~-~-> 01:18:55,020
7087 that'll pop off pretty good. All right.
7088
7089 1773
7090 01:18:57,000 ~-~-> 01:19:00,810
7091 In here, we have a fractal. Hi Basically
7092
7093 1774
7094 01:19:00,810 ~-~-> 01:19:01,950
7095 a swing high. In other words, it's a
7096
7097 1775
7098 01:19:01,950 ~-~-> 01:19:05,400
7099 candle with two lower high candles on
7100
7101 1776
7102 01:19:05,400 ~-~-> 01:19:07,770
7103 both sides of it. For me and my trading,
7104
7105 1777
7106 01:19:07,800 ~-~-> 01:19:10,200
7107 I simply use this candle with the higher
7108
7109 1778
7110 01:19:10,200 ~-~-> 01:19:11,970
7111 low here, I'm sorry with a lower high
7112
7113 1779
7114 01:19:11,970 ~-~-> 01:19:13,680
7115 here and a lower high here, okay,
7116
7117 1780
7118 01:19:14,010 ~-~-> 01:19:16,320
7119 between this pattern inside this candle,
7120
7121 1781
7122 01:19:16,320 ~-~-> 01:19:18,360
7123 this angle and this candle, that alone
7124
7125 1782
7126 01:19:18,390 ~-~-> 01:19:20,070
7127 would have presented a swing high to me
7128
7129 1783
7130 01:19:20,070 ~-~-> 01:19:21,630
7131 and if that was violated on the upside,
7132
7133 1784
7134 01:19:21,900 ~-~-> 01:19:23,160
7135 you know, that would have been enough
7136
7137 1785
7138 01:19:23,160 ~-~-> 01:19:27,810
7139 for me. Okay. We have a swing high here,
7140
7141 1786
7142 01:19:28,410 ~-~-> 01:19:30,600
7143 we have a swing low here, we have a
7144
7145 1787
7146 01:19:30,600 ~-~-> 01:19:33,750
7147 swing swing low here as well. Now, as
7148
7149 1788
7150 01:19:33,750 ~-~-> 01:19:35,250
7151 price moved
7152
7153 1789
7154 01:19:35,760 ~-~-> 01:19:36,480
7155 above,
7156
7157 1790
7158 01:19:37,200 ~-~-> 01:19:40,170
7159 this swing high here right there. Now we
7160
7161 1791
7162 01:19:40,170 ~-~-> 01:19:43,110
7163 have both swing high broken out or Mark
7164
7165 1792
7166 01:19:43,110 ~-~-> 01:19:46,950
7167 structure has shifted upwards, while
7168
7169 1793
7170 01:19:46,950 ~-~-> 01:19:49,080
7171 we're in an area where those two moving
7172
7173 1794
7174 01:19:49,080 ~-~-> 01:19:52,410
7175 averages are implied. Momentum is
7176
7177 1795
7178 01:19:52,410 ~-~-> 01:19:54,810
7179 bullish, okay. So from this point, one
7180
7181 1796
7182 01:19:56,850 ~-~-> 01:20:01,860
7183 here We are looking to be a buyer. We're
7184
7185 1797
7186 01:20:01,860 ~-~-> 01:20:03,180
7187 gonna be looking for a retracement of
7188
7189 1798
7190 01:20:03,180 ~-~-> 01:20:06,360
7191 some sorts okay to be a buyer in okay
7192
7193 1799
7194 01:20:07,740 ~-~-> 01:20:11,100
7195 now you see a minor little retracement
7196
7197 1800
7198 01:20:11,100 ~-~-> 01:20:14,190
7199 in here and then it rallies off. Now
7200
7201 1801
7202 01:20:14,190 ~-~-> 01:20:15,570
7203 even though we have a bearish candle
7204
7205 1802
7206 01:20:15,570 ~-~-> 01:20:18,660
7207 here, okay we did move higher just in
7208
7209 1803
7210 01:20:18,660 ~-~-> 01:20:21,990
7211 terms of pips from the time it broke
7212
7213 1804
7214 01:20:21,990 ~-~-> 01:20:24,090
7215 this, this swing high here. We're going
7216
7217 1805
7218 01:20:24,090 ~-~-> 01:20:25,770
7219 to use that range to the high up here.
7220
7221 1806
7222 01:20:26,460 ~-~-> 01:20:31,680
7223 That's 179 pips. Okay 179 pips? That's
7224
7225 1807
7226 01:20:31,680 ~-~-> 01:20:34,950
7227 inside of one week. Do you think you can
7228
7229 1808
7230 01:20:34,950 ~-~-> 01:20:37,530
7231 get 50 pips out of that? Is it
7232
7233 1809
7234 01:20:37,530 ~-~-> 01:20:39,570
7235 reasonable to think that one would be
7236
7237 1810
7238 01:20:39,570 ~-~-> 01:20:42,030
7239 able to? I hope, I hope do you think
7240
7241 1811
7242 01:20:42,030 ~-~-> 01:20:45,960
7243 that at least, okay. Again, we have
7244
7245 1812
7246 01:20:46,380 ~-~-> 01:20:50,340
7247 price still above the swing high and the
7248
7249 1813
7250 01:20:50,340 ~-~-> 01:20:52,140
7251 only recent swing low prior to that
7252
7253 1814
7254 01:20:52,140 ~-~-> 01:20:54,210
7255 point is here. So as long as prices and
7256
7257 1815
7258 01:20:54,210 ~-~-> 01:20:56,550
7259 break that swing low, we are still
7260
7261 1816
7262 01:20:56,580 ~-~-> 01:20:59,220
7263 bullish. We have a swing low form here.
7264
7265 1817
7266 01:20:59,850 ~-~-> 01:21:01,470
7267 But Notice that that's the only one
7268
7269 1818
7270 01:21:01,470 ~-~-> 01:21:03,600
7271 since this one was formed. So Mark
7272
7273 1819
7274 01:21:03,600 ~-~-> 01:21:05,640
7275 structure and order flow suggests that
7276
7277 1820
7278 01:21:06,510 ~-~-> 01:21:08,400
7279 we are still go for buying
7280
7281 1821
7282 01:21:08,400 ~-~-> 01:21:12,030
7283 opportunities. Okay? Now price retraces
7284
7285 1822
7286 01:21:12,030 ~-~-> 01:21:15,330
7287 again, okay inside of this range, and we
7288
7289 1823
7290 01:21:15,330 ~-~-> 01:21:18,090
7291 broke this swing high here. So when that
7292
7293 1824
7294 01:21:18,090 ~-~-> 01:21:21,120
7295 breaks, this is the range. Right here,
7296
7297 1825
7298 01:21:21,120 ~-~-> 01:21:24,690
7299 this is that little price move here. If
7300
7301 1826
7302 01:21:24,690 ~-~-> 01:21:26,850
7303 we looked at just that range alone,
7304
7305 1827
7306 01:21:26,880 ~-~-> 01:21:28,290
7307 again, we're working on a daily chart
7308
7309 1828
7310 01:21:28,290 ~-~-> 01:21:30,780
7311 guys, this is not an intraday chart. If
7312
7313 1829
7314 01:21:30,780 ~-~-> 01:21:36,750
7315 I look at using the fib, john draw so
7316
7317 1830
7318 01:21:36,750 ~-~-> 01:21:39,720
7319 you guys can see. Here's the 79 cent
7320
7321 1831
7322 01:21:39,720 ~-~-> 01:21:42,210
7323 tracer level right in here. Okay, now
7324
7325 1832
7326 01:21:42,210 ~-~-> 01:21:44,820
7327 true, it violated just a little bit, but
7328
7329 1833
7330 01:21:44,820 ~-~-> 01:21:49,140
7331 ultimately it spent very little time
7332
7333 1834
7334 01:21:49,200 ~-~-> 01:21:51,030
7335 Okay, blowing through it going on
7336
7337 1835
7338 01:21:51,030 ~-~-> 01:21:54,630
7339 downside and we moved higher again. That
7340
7341 1836
7342 01:21:54,630 ~-~-> 01:22:00,150
7343 by itself is insightful because Number
7344
7345 1837
7346 01:22:00,150 ~-~-> 01:22:03,300
7347 one, it allows you to understand where
7348
7349 1838
7350 01:22:03,300 ~-~-> 01:22:06,120
7351 these fractals are forming. Okay? And
7352
7353 1839
7354 01:22:06,120 ~-~-> 01:22:07,530
7355 I'm saying fractal and sense of the
7356
7357 1840
7358 01:22:07,530 ~-~-> 01:22:09,780
7359 price pattern, not these little errors,
7360
7361 1841
7362 01:22:09,810 ~-~-> 01:22:11,550
7363 okay, and that's probably confusing. I
7364
7365 1842
7366 01:22:11,550 ~-~-> 01:22:12,780
7367 wish they would have named this
7368
7369 1843
7370 01:22:12,810 ~-~-> 01:22:16,020
7371 indicator for these swing high swing
7372
7373 1844
7374 01:22:16,020 ~-~-> 01:22:18,570
7375 lows is something different. But Bill
7376
7377 1845
7378 01:22:18,570 ~-~-> 01:22:19,950
7379 Williams, for whatever reason, felt he
7380
7381 1846
7382 01:22:19,950 ~-~-> 01:22:22,200
7383 needed to call it that. It's not a
7384
7385 1847
7386 01:22:22,200 ~-~-> 01:22:24,450
7387 fractal, by my definition, or many
7388
7389 1848
7390 01:22:24,450 ~-~-> 01:22:26,430
7391 others if he if he really looked around.
7392
7393 1849
7394 01:22:27,840 ~-~-> 01:22:30,270
7395 But we have a price rally from in here,
7396
7397 1850
7398 01:22:30,510 ~-~-> 01:22:32,370
7399 up here. Now we're going to talk about
7400
7401 1851
7402 01:22:32,370 ~-~-> 01:22:33,990
7403 how this could have been viewed in
7404
7405 1852
7406 01:22:33,990 ~-~-> 01:22:37,770
7407 advance before this happening, where
7408
7409 1853
7410 01:22:38,610 ~-~-> 01:22:41,700
7411 overhear something goes on, that's
7412
7413 1854
7414 01:22:41,700 ~-~-> 01:22:45,330
7415 useful to tell when there would be an
7416
7417 1855
7418 01:22:45,330 ~-~-> 01:22:48,150
7419 opportunity to be a buyer. But before we
7420
7421 1856
7422 01:22:48,150 ~-~-> 01:22:49,380
7423 get to that, here's another opportunity
7424
7425 1857
7426 01:22:49,380 ~-~-> 01:22:51,870
7427 just by using the the range that's 130
7428
7429 1858
7430 01:22:51,870 ~-~-> 01:22:54,900
7431 pips from that point to hear again,
7432
7433 1859
7434 01:22:55,110 ~-~-> 01:22:58,080
7435 within a week's time, so there's plenty
7436
7437 1860
7438 01:22:58,080 ~-~-> 01:23:01,440
7439 of opportunity to be profitable, okay
7440
7441 1861
7442 01:23:01,440 ~-~-> 01:23:04,890
7443 and catch your 50 pips or so a week and
7444
7445 1862
7446 01:23:04,890 ~-~-> 01:23:06,150
7447 again, I'm trying to give you a
7448
7449 1863
7450 01:23:06,150 ~-~-> 01:23:09,120
7451 realistic low end objective that flies
7452
7453 1864
7454 01:23:09,120 ~-~-> 01:23:10,530
7455 against everybody else teaching that you
7456
7457 1865
7458 01:23:10,530 ~-~-> 01:23:12,450
7459 got to make 2000 pips a month, okay
7460
7461 1866
7462 01:23:12,450 ~-~-> 01:23:13,740
7463 because you don't need to do it my
7464
7465 1867
7466 01:23:13,740 ~-~-> 01:23:15,330
7467 question is this if these guys are
7468
7469 1868
7470 01:23:15,330 ~-~-> 01:23:17,820
7471 making 2000 pips a month, okay? Or
7472
7473 1869
7474 01:23:17,820 ~-~-> 01:23:20,790
7475 20,000 pips a year Why aren't they
7476
7477 1870
7478 01:23:20,790 ~-~-> 01:23:24,300
7479 billionaires? Think about that driver
7480
7481 1871
7482 01:23:24,300 ~-~-> 01:23:27,300
7483 everybody's selling courses. Why is
7484
7485 1872
7486 01:23:27,330 ~-~-> 01:23:30,150
7487 there a billionaire out there? Okay, cuz
7488
7489 1873
7490 01:23:30,150 ~-~-> 01:23:32,490
7491 it's crap. Okay look,
7492
7493 1874
7494 01:23:32,670 ~-~-> 01:23:34,770
7495 you can have a million pips all you want
7496
7497 1875
7498 01:23:34,920 ~-~-> 01:23:36,330
7499 it's how much you manage your money
7500
7501 1876
7502 01:23:36,330 ~-~-> 01:23:38,310
7503 behind those pips. Okay? And I guarantee
7504
7505 1877
7506 01:23:38,310 ~-~-> 01:23:41,940
7507 you 99% of them don't do right things
7508
7509 1878
7510 01:23:41,940 ~-~-> 01:23:43,620
7511 with their equity in their money. So
7512
7513 1879
7514 01:23:43,620 ~-~-> 01:23:44,940
7515 just simply because you're showing me a
7516
7517 1880
7518 01:23:44,940 ~-~-> 01:23:46,950
7519 spreadsheet or you have a video on
7520
7521 1881
7522 01:23:46,950 ~-~-> 01:23:48,480
7523 YouTube saying you made you know X
7524
7525 1882
7526 01:23:48,480 ~-~-> 01:23:50,490
7527 amount of pips means absolutely nothing
7528
7529 1883
7530 01:23:50,490 ~-~-> 01:23:51,870
7531 to me and it shouldn't mean nothing to
7532
7533 1884
7534 01:23:51,870 ~-~-> 01:23:55,860
7535 you. Okay? So, again, think you don't
7536
7537 1885
7538 01:23:55,860 ~-~-> 01:23:56,970
7539 need a whole lot. So if we're going to
7540
7541 1886
7542 01:23:56,970 ~-~-> 01:23:59,610
7543 focus in just on 50 pips a week, that's
7544
7545 1887
7546 01:23:59,610 ~-~-> 01:24:02,220
7547 a really realistic obtainable goal, and
7548
7549 1888
7550 01:24:02,220 ~-~-> 01:24:03,570
7551 it's something that could be duplicated
7552
7553 1889
7554 01:24:03,600 ~-~-> 01:24:05,040
7555 over and over and over again, it's like
7556
7557 1890
7558 01:24:05,040 ~-~-> 01:24:07,170
7559 a, like a cookie cutter approach. You
7560
7561 1891
7562 01:24:07,170 ~-~-> 01:24:08,910
7563 keep doing the same thing over and over
7564
7565 1892
7566 01:24:08,910 ~-~-> 01:24:11,580
7567 and over again. Sometimes you run out of
7568
7569 1893
7570 01:24:11,580 ~-~-> 01:24:13,260
7571 dough. Okay? And what you got to do, you
7572
7573 1894
7574 01:24:13,260 ~-~-> 01:24:15,180
7575 got to follow it up and work it out.
7576
7577 1895
7578 01:24:15,180 ~-~-> 01:24:17,250
7579 Again, spread thin, spread a thinner, it
7580
7581 1896
7582 01:24:17,250 ~-~-> 01:24:19,320
7583 means risk less, okay, cut back your
7584
7585 1897
7586 01:24:19,320 ~-~-> 01:24:21,450
7587 equity. Okay? And then you keep doing
7588
7589 1898
7590 01:24:21,450 ~-~-> 01:24:23,040
7591 that same thing, milk it for all it's
7592
7593 1899
7594 01:24:23,040 ~-~-> 01:24:24,330
7595 worth doing the same thing, don't
7596
7597 1900
7598 01:24:24,330 ~-~-> 01:24:25,830
7599 deviate, don't change the parameters.
7600
7601 1901
7602 01:24:26,070 ~-~-> 01:24:28,140
7603 And then by approaching the market like
7604
7605 1902
7606 01:24:28,140 ~-~-> 01:24:29,370
7607 that, number one, you're not gonna be
7608
7609 1903
7610 01:24:29,370 ~-~-> 01:24:30,630
7611 surprised when you lose money because
7612
7613 1904
7614 01:24:30,630 ~-~-> 01:24:31,860
7615 you're going to know that okay, that
7616
7617 1905
7618 01:24:31,860 ~-~-> 01:24:33,300
7619 didn't work and I'm not going to be
7620
7621 1906
7622 01:24:33,330 ~-~-> 01:24:35,220
7623 jumping back in again because my system
7624
7625 1907
7626 01:24:35,490 ~-~-> 01:24:37,740
7627 or method or parameter says that I
7628
7629 1908
7630 01:24:37,740 ~-~-> 01:24:41,010
7631 can't. So I'm limiting my exposure in my
7632
7633 1909
7634 01:24:41,010 ~-~-> 01:24:42,570
7635 engagement to the marketplace to just
7636
7637 1910
7638 01:24:42,570 ~-~-> 01:24:46,200
7639 this okay. Which is hugely important
7640
7641 1911
7642 01:24:46,200 ~-~-> 01:24:48,990
7643 because 90% of traders don't do that.
7644
7645 1912
7646 01:24:49,140 ~-~-> 01:24:53,070
7647 Okay. Now, even in here, now, this is
7648
7649 1913
7650 01:24:53,070 ~-~-> 01:24:55,530
7651 why I don't like candlesticks because
7652
7653 1914
7654 01:24:55,530 ~-~-> 01:24:58,650
7655 it's very deceiving. If you are looking
7656
7657 1915
7658 01:24:58,650 ~-~-> 01:25:02,070
7659 at price action one specific manner and
7660
7661 1916
7662 01:25:02,070 ~-~-> 01:25:04,650
7663 then what I mean by that is this. We
7664
7665 1917
7666 01:25:04,650 ~-~-> 01:25:07,410
7667 have a low here, okay? And if you look
7668
7669 1918
7670 01:25:07,410 ~-~-> 01:25:09,450
7671 at the range between this low of this
7672
7673 1919
7674 01:25:09,450 ~-~-> 01:25:11,880
7675 candle to this candle here, we have a
7676
7677 1920
7678 01:25:11,880 ~-~-> 01:25:13,770
7679 price swing. Okay, if you looked on a
7680
7681 1921
7682 01:25:13,770 ~-~-> 01:25:16,740
7683 lower intraday price model, you'll see
7684
7685 1922
7686 01:25:16,740 ~-~-> 01:25:18,210
7687 that this is a very nice price swing,
7688
7689 1923
7690 01:25:18,540 ~-~-> 01:25:21,120
7691 okay, it's disguised many times because
7692
7693 1924
7694 01:25:21,450 ~-~-> 01:25:23,610
7695 many, many folks don't even look at a
7696
7697 1925
7698 01:25:23,610 ~-~-> 01:25:25,830
7699 daily chart, but this here is a range
7700
7701 1926
7702 01:25:25,890 ~-~-> 01:25:28,830
7703 Okay, this is a tradable range. If you
7704
7705 1927
7706 01:25:28,830 ~-~-> 01:25:31,230
7707 look at what was available from that
7708
7709 1928
7710 01:25:31,230 ~-~-> 01:25:34,710
7711 retracement, okay again, cancel the idea
7712
7713 1929
7714 01:25:34,710 ~-~-> 01:25:36,570
7715 of this being a bearish candle this
7716
7717 1930
7718 01:25:36,870 ~-~-> 01:25:39,420
7719 bearish candle this bearish candle price
7720
7721 1931
7722 01:25:39,420 ~-~-> 01:25:43,620
7723 moves from this low to this candles high
7724
7725 1932
7726 01:25:43,620 ~-~-> 01:25:48,930
7727 here it's 123 pips again that was made
7728
7729 1933
7730 01:25:49,050 ~-~-> 01:25:52,500
7731 during bearish candles, okay, even
7732
7733 1934
7734 01:25:52,500 ~-~-> 01:25:54,030
7735 though the market did come down here i'm
7736
7737 1935
7738 01:25:54,030 ~-~-> 01:25:57,000
7739 not i'm not you know ignoring the
7740
7741 1936
7742 01:25:57,000 ~-~-> 01:25:58,440
7743 elephant in the room here if you will,
7744
7745 1937
7746 01:25:58,710 ~-~-> 01:26:01,110
7747 on this two or three Day down move. I'm
7748
7749 1938
7750 01:26:01,110 ~-~-> 01:26:03,060
7751 not suggesting that didn't occur or
7752
7753 1939
7754 01:26:03,060 ~-~-> 01:26:04,800
7755 wasn't significant. What I'm stating to
7756
7757 1940
7758 01:26:04,800 ~-~-> 01:26:07,350
7759 you is if you stick to the model of
7760
7761 1941
7762 01:26:07,440 ~-~-> 01:26:09,570
7763 looking at the low to high and then
7764
7765 1942
7766 01:26:09,570 ~-~-> 01:26:12,330
7767 retracement during an ideal timeframe,
7768
7769 1943
7770 01:26:12,480 ~-~-> 01:26:14,550
7771 okay? Notice we didn't break this swing
7772
7773 1944
7774 01:26:14,550 ~-~-> 01:26:16,440
7775 low that formed here we came down into
7776
7777 1945
7778 01:26:16,440 ~-~-> 01:26:18,420
7779 the range between that candles low and
7780
7781 1946
7782 01:26:18,420 ~-~-> 01:26:21,240
7783 this candles high if we use our fib
7784
7785 1947
7786 01:26:22,950 ~-~-> 01:26:27,330
7787 Okay, pull that up. Okay, we have a
7788
7789 1948
7790 01:26:27,330 ~-~-> 01:26:29,400
7791 reasonable idea where to anticipate
7792
7793 1949
7794 01:26:29,400 ~-~-> 01:26:32,280
7795 again, where the the low should form,
7796
7797 1950
7798 01:26:32,730 ~-~-> 01:26:37,500
7799 okay? And if you looked at probably
7800
7801 1951
7802 01:26:37,500 ~-~-> 01:26:39,000
7803 splitting hairs, but I really want to
7804
7805 1952
7806 01:26:39,330 ~-~-> 01:26:41,550
7807 communicate this well. We're only
7808
7809 1953
7810 01:26:41,550 ~-~-> 01:26:44,700
7811 talking about 11 pips from where the
7812
7813 1954
7814 01:26:44,700 ~-~-> 01:26:45,930
7815 center lines that chase one level is and
7816
7817 1955
7818 01:26:45,930 ~-~-> 01:26:47,520
7819 where the actual low that candle formed.
7820
7821 1956
7822 01:26:47,940 ~-~-> 01:26:50,610
7823 Okay. So, again, when we get to stop
7824
7825 1957
7826 01:26:50,610 ~-~-> 01:26:53,700
7827 loss placement and, you know, overall
7828
7829 1958
7830 01:26:54,360 ~-~-> 01:26:56,670
7831 risk controls, you're going to see that
7832
7833 1959
7834 01:26:56,670 ~-~-> 01:26:59,460
7835 there's simply no reason to fear where
7836
7837 1960
7838 01:26:59,460 ~-~-> 01:27:01,350
7839 you should be placed. Stop at, okay,
7840
7841 1961
7842 01:27:01,380 ~-~-> 01:27:03,480
7843 there's no there's no reason to, to
7844
7845 1962
7846 01:27:03,480 ~-~-> 01:27:05,940
7847 guess as to, you know, am I going to get
7848
7849 1963
7850 01:27:05,940 ~-~-> 01:27:07,860
7851 stopped out and fearing it also, because
7852
7853 1964
7854 01:27:07,860 ~-~-> 01:27:09,090
7855 if you get stopped out where we're going
7856
7857 1965
7858 01:27:09,090 ~-~-> 01:27:10,770
7859 to teach you, you need to be getting out
7860
7861 1966
7862 01:27:10,770 ~-~-> 01:27:12,240
7863 of the market there, okay? Because it's
7864
7865 1967
7866 01:27:12,240 ~-~-> 01:27:13,920
7867 probably gonna be much more of a move in
7868
7869 1968
7870 01:27:13,920 ~-~-> 01:27:16,590
7871 against you then if you were to stay in,
7872
7873 1969
7874 01:27:16,620 ~-~-> 01:27:19,800
7875 okay. So we have an opportunity to be a
7876
7877 1970
7878 01:27:19,800 ~-~-> 01:27:23,190
7879 buyer here as well the market comes
7880
7881 1971
7882 01:27:23,190 ~-~-> 01:27:25,860
7883 down, creates another consolidation and
7884
7885 1972
7886 01:27:25,860 ~-~-> 01:27:27,360
7887 then moves out of the consolidation.
7888
7889 1973
7890 01:27:27,630 ~-~-> 01:27:30,330
7891 Okay, and the market structure and order
7892
7893 1974
7894 01:27:30,330 ~-~-> 01:27:33,900
7895 flow shifts bearish here, when we trade
7896
7897 1975
7898 01:27:33,930 ~-~-> 01:27:36,270
7899 low, lower right there, because we broke
7900
7901 1976
7902 01:27:36,270 ~-~-> 01:27:38,340
7903 that swing low. Now when this broke
7904
7905 1977
7906 01:27:38,340 ~-~-> 01:27:41,430
7907 down, okay, we have to wait for another
7908
7909 1978
7910 01:27:41,430 ~-~-> 01:27:44,100
7911 shift in market momentum. Okay. And this
7912
7913 1979
7914 01:27:44,100 ~-~-> 01:27:46,470
7915 is the reason why I do not like this
7916
7917 1980
7918 01:27:46,470 ~-~-> 01:27:49,380
7919 little fractal indicator, okay? Because
7920
7921 1981
7922 01:27:49,380 ~-~-> 01:27:51,450
7923 remember, I told you earlier, that all I
7924
7925 1982
7926 01:27:51,450 ~-~-> 01:27:54,030
7927 require is three bars, or three candles
7928
7929 1983
7930 01:27:54,030 ~-~-> 01:27:56,520
7931 to create a swing high. that's occurring
7932
7933 1984
7934 01:27:56,520 ~-~-> 01:27:59,250
7935 right here. Notice there's an absence of
7936
7937 1985
7938 01:27:59,250 ~-~-> 01:28:02,250
7939 fractal error. Like it says here, that's
7940
7941 1986
7942 01:28:02,250 ~-~-> 01:28:06,720
7943 because this big old candle here, okay?
7944
7945 1987
7946 01:28:07,530 ~-~-> 01:28:09,840
7947 It's high was above this candle is high,
7948
7949 1988
7950 01:28:10,080 ~-~-> 01:28:12,420
7951 which would negate the formation of this
7952
7953 1989
7954 01:28:12,450 ~-~-> 01:28:16,290
7955 arrow or an arrow like this a fractal up
7956
7957 1990
7958 01:28:16,470 ~-~-> 01:28:19,530
7959 arrow, because the parameters require
7960
7961 1991
7962 01:28:19,530 ~-~-> 01:28:21,510
7963 this candle to be a lower high than this
7964
7965 1992
7966 01:28:21,510 ~-~-> 01:28:26,250
7967 one. But is this not a swing high? Yes.
7968
7969 1993
7970 01:28:27,180 ~-~-> 01:28:29,970
7971 Because it has a lower high on both
7972
7973 1994
7974 01:28:29,970 ~-~-> 01:28:31,650
7975 sides of it. Okay, so this is a swing
7976
7977 1995
7978 01:28:31,650 ~-~-> 01:28:33,510
7979 high. As soon as this candle broke here,
7980
7981 1996
7982 01:28:33,540 ~-~-> 01:28:34,890
7983 we're back on the bullish momentum.
7984
7985 1997
7986 01:28:35,400 ~-~-> 01:28:37,590
7987 Okay, and then we entered this range
7988
7989 1998
7990 01:28:37,590 ~-~-> 01:28:41,190
7991 here. Okay, we started another series of
7992
7993 1999
7994 01:28:41,640 ~-~-> 01:28:44,070
7995 days where those two moving averages
7996
7997 2000
7998 01:28:44,070 ~-~-> 01:28:46,710
7999 have the nine above the moving average,
8000
8001 2001
8002 01:28:46,800 ~-~-> 01:28:49,260
8003 so that we're in a bullish framework
8004
8005 2002
8006 01:28:49,740 ~-~-> 01:28:52,530
8007 when market structure is bullish, okay,
8008
8009 2003
8010 01:28:52,530 ~-~-> 01:28:54,900
8011 because, again, we see this swing high
8012
8013 2004
8014 01:28:54,900 ~-~-> 01:28:57,240
8015 here, when it broke to the upside. Now
8016
8017 2005
8018 01:28:57,240 ~-~-> 01:29:01,260
8019 we have to wait okay. and expect to see
8020
8021 2006
8022 01:29:01,260 ~-~-> 01:29:03,930
8023 the nine be above the 18. Again, we're
8024
8025 2007
8026 01:29:03,930 ~-~-> 01:29:07,950
8027 looking at a daily chart. During this
8028
8029 2008
8030 01:29:07,950 ~-~-> 01:29:09,060
8031 time period, what you're gonna be
8032
8033 2009
8034 01:29:09,060 ~-~-> 01:29:11,280
8035 looking for is opportunities where price
8036
8037 2010
8038 01:29:11,280 ~-~-> 01:29:13,890
8039 again, find support, pulls back within a
8040
8041 2011
8042 01:29:13,890 ~-~-> 01:29:16,770
8043 range, okay either on a four hour chart
8044
8045 2012
8046 01:29:16,770 ~-~-> 01:29:19,560
8047 or an a one hour chart, and when you see
8048
8049 2013
8050 01:29:19,560 ~-~-> 01:29:20,580
8051 what we're going to be talking about
8052
8053 2014
8054 01:29:20,670 ~-~-> 01:29:22,530
8055 later on in this video, what you're
8056
8057 2015
8058 01:29:22,530 ~-~-> 01:29:25,860
8059 specifically looking for and hunting 90%
8060
8061 2016
8062 01:29:25,860 ~-~-> 01:29:27,270
8063 of time, it's there and there's no
8064
8065 2017
8066 01:29:27,270 ~-~-> 01:29:29,250
8067 reason for you to rush the chase price.
8068
8069 2018
8070 01:29:29,400 ~-~-> 01:29:31,200
8071 If he doesn't do these types of things.
8072
8073 2019
8074 01:29:31,920 ~-~-> 01:29:34,470
8075 You don't take a trade. Okay? So again,
8076
8077 2020
8078 01:29:34,470 ~-~-> 01:29:37,440
8079 we're looking to be a buyer here and all
8080
8081 2021
8082 01:29:37,440 ~-~-> 01:29:40,380
8083 the ranges in here again, with all these
8084
8085 2022
8086 01:29:40,380 ~-~-> 01:29:42,450
8087 candlestick patterns, you could have all
8088
8089 2023
8090 01:29:42,450 ~-~-> 01:29:44,550
8091 kinds of articles and such Oh, these are
8092
8093 2024
8094 01:29:44,550 ~-~-> 01:29:48,810
8095 the spinning tops. These are the dogies
8096
8097 2025
8098 01:29:48,810 ~-~-> 01:29:50,700
8099 and, and you know, whatever you want to
8100
8101 2026
8102 01:29:50,700 ~-~-> 01:29:54,600
8103 call it, the boxcar Willie's I don't I
8104
8105 2027
8106 01:29:54,600 ~-~-> 01:29:57,030
8107 am not a subscriber of you know a
8108
8109 2028
8110 01:29:57,030 ~-~-> 01:29:59,280
8111 plethora of candlestick patterns.
8112
8113 2029
8114 01:29:59,430 ~-~-> 01:30:01,860
8115 Really. I like The doji is long legged
8116
8117 2030
8118 01:30:01,860 ~-~-> 01:30:06,210
8119 dojis the hammers, and I like railroad
8120
8121 2031
8122 01:30:06,210 ~-~-> 01:30:09,510
8123 tracks. And that's about it. I don't
8124
8125 2032
8126 01:30:09,510 ~-~-> 01:30:10,980
8127 have any other faith in any other
8128
8129 2033
8130 01:30:10,980 ~-~-> 01:30:13,830
8131 patterns. So you can kind of like leave
8132
8133 2034
8134 01:30:13,830 ~-~-> 01:30:15,270
8135 that in your notebook. Don't ever ask me
8136
8137 2035
8138 01:30:15,270 ~-~-> 01:30:16,590
8139 about candlestick patterns outside of
8140
8141 2036
8142 01:30:16,590 ~-~-> 01:30:18,330
8143 those, because I don't subscribe to the
8144
8145 2037
8146 01:30:18,330 ~-~-> 01:30:22,110
8147 views that are useful. Okay. Now, on a
8148
8149 2038
8150 01:30:22,110 ~-~-> 01:30:24,630
8151 daily chart, we have the highs in here,
8152
8153 2039
8154 01:30:24,780 ~-~-> 01:30:26,640
8155 okay, and look at the bodies of these
8156
8157 2040
8158 01:30:26,640 ~-~-> 01:30:29,070
8159 candles, you see that? This is where I
8160
8161 2041
8162 01:30:29,070 ~-~-> 01:30:31,560
8163 like candles. Okay, these are these
8164
8165 2042
8166 01:30:31,560 ~-~-> 01:30:33,540
8167 ideas that I think are beneficial to
8168
8169 2043
8170 01:30:33,540 ~-~-> 01:30:37,740
8171 using candlesticks. Do you see how this
8172
8173 2044
8174 01:30:37,740 ~-~-> 01:30:41,220
8175 dealing range level? Okay, if we take
8176
8177 2045
8178 01:30:41,220 ~-~-> 01:30:44,670
8179 that out. See on the buys account here,
8180
8181 2046
8182 01:30:45,180 ~-~-> 01:30:47,730
8183 the opening was at that level to close
8184
8185 2047
8186 01:30:47,760 ~-~-> 01:30:49,980
8187 that candle was at that same level. The
8188
8189 2048
8190 01:30:49,980 ~-~-> 01:30:52,680
8191 opening was just a pip below that level
8192
8193 2049
8194 01:30:52,680 ~-~-> 01:30:54,990
8195 here. And the close of that candle was
8196
8197 2050
8198 01:30:55,080 ~-~-> 01:30:57,810
8199 I'm sorry, um, I've been saying that
8200
8201 2051
8202 01:30:57,810 ~-~-> 01:31:00,000
8203 wrong. Sorry. the close of this case.
8204
8205 2052
8206 01:31:00,000 ~-~-> 01:31:02,520
8207 handle is on that and the open on this
8208
8209 2053
8210 01:31:02,520 ~-~-> 01:31:04,860
8211 candle is at that same level and the
8212
8213 2054
8214 01:31:04,860 ~-~-> 01:31:07,140
8215 close of that candle is a pit below it.
8216
8217 2055
8218 01:31:07,530 ~-~-> 01:31:09,900
8219 And the open on this candle is right at
8220
8221 2056
8222 01:31:09,900 ~-~-> 01:31:14,190
8223 that same level. Do you see this candle
8224
8225 2057
8226 01:31:14,190 ~-~-> 01:31:17,220
8227 here? Okay, after we had a little minor
8228
8229 2058
8230 01:31:17,220 ~-~-> 01:31:19,770
8231 retracement here, okay, we got a
8232
8233 2059
8234 01:31:19,770 ~-~-> 01:31:22,620
8235 retracement. This is the range because
8236
8237 2060
8238 01:31:22,620 ~-~-> 01:31:24,660
8239 we have this dealing range here when
8240
8241 2061
8242 01:31:24,660 ~-~-> 01:31:27,540
8243 price broke through it, okay, see how
8244
8245 2062
8246 01:31:27,540 ~-~-> 01:31:30,300
8247 this is a swing high and see how this is
8248
8249 2063
8250 01:31:30,300 ~-~-> 01:31:30,960
8251 a swing high
8252
8253 2064
8254 01:31:32,670 ~-~-> 01:31:34,320
8255 when price broke through it.
8256
8257 2065
8258 01:31:35,580 ~-~-> 01:31:37,740
8259 market structure confirms once again
8260
8261 2066
8262 01:31:37,740 ~-~-> 01:31:40,770
8263 that it's on the upside, okay. But we
8264
8265 2067
8266 01:31:40,770 ~-~-> 01:31:43,410
8267 also have this dealing range support. So
8268
8269 2068
8270 01:31:43,410 ~-~-> 01:31:47,400
8271 we broke through this. Now, just because
8272
8273 2069
8274 01:31:47,430 ~-~-> 01:31:49,020
8275 this would be classified as support
8276
8277 2070
8278 01:31:49,020 ~-~-> 01:31:51,870
8279 level or resistance turn support does
8280
8281 2071
8282 01:31:51,870 ~-~-> 01:31:54,090
8283 not mean that price needs to get back
8284
8285 2072
8286 01:31:54,090 ~-~-> 01:31:56,910
8287 down there. Okay, so what do you how do
8288
8289 2073
8290 01:31:56,910 ~-~-> 01:31:58,950
8291 we use that information? Well, if you
8292
8293 2074
8294 01:31:58,950 ~-~-> 01:32:02,370
8295 pulled your fib From that level up to
8296
8297 2075
8298 01:32:02,370 ~-~-> 01:32:05,610
8299 the range high, which is here, okay,
8300
8301 2076
8302 01:32:05,610 ~-~-> 01:32:07,830
8303 that can look as we pulled down into
8304
8305 2077
8306 01:32:07,860 ~-~-> 01:32:10,950
8307 intraday okay. inside of that range you
8308
8309 2078
8310 01:32:10,950 ~-~-> 01:32:13,980
8311 come right down to that 70.5 level,
8312
8313 2079
8314 01:32:14,040 ~-~-> 01:32:15,450
8315 okay, you see how that's useful to you?
8316
8317 2080
8318 01:32:15,900 ~-~-> 01:32:19,410
8319 We retraced within that. So having that
8320
8321 2081
8322 01:32:20,640 ~-~-> 01:32:22,830
8323 that gives you a an idea again where to
8324
8325 2082
8326 01:32:22,830 ~-~-> 01:32:25,680
8327 anticipate price action to retrace into
8328
8329 2083
8330 01:32:27,210 ~-~-> 01:32:32,250
8331 that's not that's not all of the
8332
8333 2084
8334 01:32:33,450 ~-~-> 01:32:36,210
8335 characteristics we look for. But we will
8336
8337 2085
8338 01:32:36,210 ~-~-> 01:32:38,010
8339 be looking at other things that you
8340
8341 2086
8342 01:32:38,010 ~-~-> 01:32:41,340
8343 know, allow us to break down on a four
8344
8345 2087
8346 01:32:41,340 ~-~-> 01:32:43,740
8347 hour chart where we can also look for
8348
8349 2088
8350 01:32:44,100 ~-~-> 01:32:45,960
8351 you know, institutional order flow to
8352
8353 2089
8354 01:32:45,960 ~-~-> 01:32:47,430
8355 support the idea and the notion that we
8356
8357 2090
8358 01:32:47,430 ~-~-> 01:32:49,560
8359 should be expecting higher prices. And
8360
8361 2091
8362 01:32:49,560 ~-~-> 01:32:51,150
8363 again, we move higher higher higher
8364
8365 2092
8366 01:32:51,180 ~-~-> 01:32:54,030
8367 higher swing lows here, okay, again are
8368
8369 2093
8370 01:32:54,030 ~-~-> 01:32:56,160
8371 higher in each successive move higher.
8372
8373 2094
8374 01:32:56,640 ~-~-> 01:32:58,710
8375 Okay, and then we see market structure
8376
8377 2095
8378 01:32:59,610 ~-~-> 01:33:03,150
8379 break down in here, okay. And we did
8380
8381 2096
8382 01:33:03,150 ~-~-> 01:33:04,590
8383 rally off again in here a little bit.
8384
8385 2097
8386 01:33:04,710 ~-~-> 01:33:08,430
8387 Okay? While we're in this screen by
8388
8389 2098
8390 01:33:08,520 ~-~-> 01:33:10,140
8391 framework where we overall would still
8392
8393 2099
8394 01:33:10,140 ~-~-> 01:33:12,570
8395 be looking for opportunities to be a
8396
8397 2100
8398 01:33:12,570 ~-~-> 01:33:18,000
8399 long trader I want you to see the, the
8400
8401 2101
8402 01:33:18,000 ~-~-> 01:33:21,570
8403 low here, or this low here, either one
8404
8405 2102
8406 01:33:21,600 ~-~-> 01:33:23,910
8407 very close in proximity, but we're going
8408
8409 2103
8410 01:33:23,910 ~-~-> 01:33:25,200
8411 to use this one here. If you look at
8412
8413 2104
8414 01:33:25,200 ~-~-> 01:33:29,760
8415 that low up to this high, you see that I
8416
8417 2105
8418 01:33:29,760 ~-~-> 01:33:32,460
8419 move the fit over here so you can see
8420
8421 2106
8422 01:33:32,460 ~-~-> 01:33:38,850
8423 the lines. Here we are. I did was I use
8424
8425 2107
8426 01:33:38,850 ~-~-> 01:33:40,950
8427 the range of this low to this high
8428
8429 2108
8430 01:33:40,950 ~-~-> 01:33:43,020
8431 again, it's the daily chart, price comes
8432
8433 2109
8434 01:33:43,020 ~-~-> 01:33:45,120
8435 right down into what level the 79
8436
8437 2110
8438 01:33:45,180 ~-~-> 01:33:46,800
8439 penetration level. Look how many
8440
8441 2111
8442 01:33:46,830 ~-~-> 01:33:49,230
8443 opportunities where price stayed within
8444
8445 2112
8446 01:33:49,230 ~-~-> 01:33:52,170
8447 that optimal range, okay? And rallied up
8448
8449 2113
8450 01:33:53,670 ~-~-> 01:33:55,890
8451 if you look at where we were in regards
8452
8453 2114
8454 01:33:55,890 ~-~-> 01:33:59,970
8455 to that price movement. Again, using the
8456
8457 2115
8458 01:34:01,140 ~-~-> 01:34:04,020
8459 bodies of the candles up to the high of
8460
8461 2116
8462 01:34:04,020 ~-~-> 01:34:06,810
8463 this candle right here. That's 156 pips.
8464
8465 2117
8466 01:34:06,930 ~-~-> 01:34:10,860
8467 Again 156 pips within a few days that's
8468
8469 2118
8470 01:34:10,860 ~-~-> 01:34:14,520
8471 inside of one week's range. There should
8472
8473 2119
8474 01:34:14,520 ~-~-> 01:34:15,900
8475 be no reason why you can't capture at
8476
8477 2120
8478 01:34:15,900 ~-~-> 01:34:19,650
8479 least 50 pips out of that. Okay, the
8480
8481 2121
8482 01:34:19,650 ~-~-> 01:34:22,890
8483 opportunity here, okay. The bottom line
8484
8485 2122
8486 01:34:22,890 ~-~-> 01:34:24,450
8487 is, is there's opportunity for you to
8488
8489 2123
8490 01:34:24,450 ~-~-> 01:34:28,170
8491 make money and still quote unquote be
8492
8493 2124
8494 01:34:28,170 ~-~-> 01:34:31,110
8495 wrong because ultimately the market did
8496
8497 2125
8498 01:34:31,140 ~-~-> 01:34:33,210
8499 move lower outside of this area here,
8500
8501 2126
8502 01:34:33,270 ~-~-> 01:34:37,410
8503 okay. And then we moved into a selling
8504
8505 2127
8506 01:34:37,410 ~-~-> 01:34:40,650
8507 framework. Okay, you have the market
8508
8509 2128
8510 01:34:40,650 ~-~-> 01:34:42,240
8511 breaking down making lower lows
8512
8513 2129
8514 01:34:43,500 ~-~-> 01:34:44,940
8515 and lower highs.
8516
8517 2130
8518 01:34:45,660 ~-~-> 01:34:48,480
8519 So we have this swing high here, with a
8520
8521 2131
8522 01:34:48,480 ~-~-> 01:34:50,640
8523 fractal. Now I got to change this
8524
8525 2132
8526 01:34:50,670 ~-~-> 01:34:52,230
8527 fractal to a different color because it
8528
8529 2133
8530 01:34:52,230 ~-~-> 01:34:56,190
8531 will not be seen against the red. So we
8532
8533 2134
8534 01:34:56,190 ~-~-> 01:34:58,560
8535 had this fractal low here. price breaks
8536
8537 2135
8538 01:34:58,560 ~-~-> 01:35:01,590
8539 down through it. Again confirming that
8540
8541 2136
8542 01:35:01,590 ~-~-> 01:35:05,640
8543 we are in both concepts agreeing with
8544
8545 2137
8546 01:35:05,640 ~-~-> 01:35:07,590
8547 lower prices we have the two moving
8548
8549 2138
8550 01:35:07,590 ~-~-> 01:35:09,150
8551 averages the nine is going to be below
8552
8553 2139
8554 01:35:09,150 ~-~-> 01:35:11,370
8555 the 18. Remember we marked out this box
8556
8557 2140
8558 01:35:11,670 ~-~-> 01:35:13,170
8559 that was giving you the bearish
8560
8561 2141
8562 01:35:13,170 ~-~-> 01:35:15,090
8563 framework to expect lower prices
8564
8565 2142
8566 01:35:15,210 ~-~-> 01:35:16,980
8567 momentum wise institutionally they're
8568
8569 2143
8570 01:35:16,980 ~-~-> 01:35:18,720
8571 going to be looking for order flows
8572
8573 2144
8574 01:35:18,720 ~-~-> 01:35:22,350
8575 lower. Okay. And you see technically
8576
8577 2145
8578 01:35:22,650 ~-~-> 01:35:24,390
8579 they are moving lower because we see
8580
8581 2146
8582 01:35:24,390 ~-~-> 01:35:27,240
8583 those swing low here right down. Okay.
8584
8585 2147
8586 01:35:27,540 ~-~-> 01:35:29,520
8587 So when you see that happen, you're
8588
8589 2148
8590 01:35:29,520 ~-~-> 01:35:30,360
8591 gonna be doing is you're gonna be
8592
8593 2149
8594 01:35:30,360 ~-~-> 01:35:33,570
8595 looking for the ranges. Okay, to form
8596
8597 2150
8598 01:35:33,840 ~-~-> 01:35:35,370
8599 you're gonna be looking for rallies,
8600
8601 2151
8602 01:35:35,850 ~-~-> 01:35:37,380
8603 you're going to sell into those rallies.
8604
8605 2152
8606 01:35:38,550 ~-~-> 01:35:40,950
8607 See this low here and we see the price
8608
8609 2153
8610 01:35:40,950 ~-~-> 01:35:45,720
8611 actually move up here this high down to
8612
8613 2154
8614 01:35:45,720 ~-~-> 01:35:51,150
8615 that low to the 62% retracement level.
8616
8617 2155
8618 01:35:51,390 ~-~-> 01:35:56,160
8619 Okay. And, again, we're going to discuss
8620
8621 2156
8622 01:35:56,340 ~-~-> 01:36:00,000
8623 a concept that is useful in terms of you
8624
8625 2157
8626 01:36:00,000 ~-~-> 01:36:02,040
8627 institutional order flow, where we can
8628
8629 2158
8630 01:36:02,070 ~-~-> 01:36:03,930
8631 again identify areas on the lower
8632
8633 2159
8634 01:36:03,930 ~-~-> 01:36:05,940
8635 timeframe where this is again one more
8636
8637 2160
8638 01:36:05,940 ~-~-> 01:36:10,770
8639 area where order flow and short term
8640
8641 2161
8642 01:36:10,800 ~-~-> 01:36:13,290
8643 market structure shifting and where
8644
8645 2162
8646 01:36:13,380 ~-~-> 01:36:15,270
8647 institutional order blocks are retreated
8648
8649 2163
8650 01:36:15,270 ~-~-> 01:36:18,420
8651 into to get a another piece of the pie
8652
8653 2164
8654 01:36:18,420 ~-~-> 01:36:19,650
8655 if you will, before they start to move
8656
8657 2165
8658 01:36:19,650 ~-~-> 01:36:21,750
8659 lower. You can see when when the market
8660
8661 2166
8662 01:36:21,750 ~-~-> 01:36:22,980
8663 moved up into that range, it did not
8664
8665 2167
8666 01:36:22,980 ~-~-> 01:36:24,240
8667 spend a whole lot of time there and
8668
8669 2168
8670 01:36:24,240 ~-~-> 01:36:25,920
8671 that's why you had this very thin wick.
8672
8673 2169
8674 01:36:26,400 ~-~-> 01:36:28,200
8675 Okay, the market opened here,
8676
8677 2170
8678 01:36:29,460 ~-~-> 01:36:30,480
8679 rallied up
8680
8681 2171
8682 01:36:31,410 ~-~-> 01:36:33,210
8683 and then traded lower and close lower
8684
8685 2172
8686 01:36:33,210 ~-~-> 01:36:35,640
8687 that's creates that black bar. Okay, the
8688
8689 2173
8690 01:36:35,640 ~-~-> 01:36:42,540
8691 close is near the low of the day. You
8692
8693 2174
8694 01:36:42,540 ~-~-> 01:36:43,860
8695 can see the clothes on this candle is
8696
8697 2175
8698 01:36:43,890 ~-~-> 01:36:55,980
8699 130 64 with the low at 130 47
8700
8701 2176
8702 01:37:21,480 ~-~-> 01:37:23,910
8703 Okay, as price moves lower, it's breaks
8704
8705 2177
8706 01:37:24,360 ~-~-> 01:37:29,100
8707 each new successive lower swing lows and
8708
8709 2178
8710 01:37:29,130 ~-~-> 01:37:31,950
8711 each swing high is lower as well. Now we
8712
8713 2179
8714 01:37:31,950 ~-~-> 01:37:36,000
8715 have, again an opportunity where the
8716
8717 2180
8718 01:37:36,000 ~-~-> 01:37:38,850
8719 market creates a swing low here, trades
8720
8721 2181
8722 01:37:38,850 ~-~-> 01:37:43,500
8723 lower, okay and comes back here and
8724
8725 2182
8726 01:37:43,500 ~-~-> 01:37:46,050
8727 takes out this, this swing high. Okay?
8728
8729 2183
8730 01:37:47,820 ~-~-> 01:37:50,970
8731 That's going to happen a few different
8732
8733 2184
8734 01:37:50,970 ~-~-> 01:37:53,040
8735 times while we are in training
8736
8737 2185
8738 01:37:53,040 ~-~-> 01:37:54,390
8739 environments because again, you're going
8740
8741 2186
8742 01:37:54,390 ~-~-> 01:37:56,610
8743 to come back and take the stops and
8744
8745 2187
8746 01:37:56,610 ~-~-> 01:37:58,860
8747 search for liquidity. Whenever you see
8748
8749 2188
8750 01:37:58,860 ~-~-> 01:38:00,300
8751 swing highs like this on a daily chart
8752
8753 2189
8754 01:38:00,300 ~-~-> 01:38:01,710
8755 naturally, that's where support
8756
8757 2190
8758 01:38:01,710 ~-~-> 01:38:03,900
8759 resistance is going to be implied by
8760
8761 2191
8762 01:38:03,900 ~-~-> 01:38:05,100
8763 traders. And they're going to think that
8764
8765 2192
8766 01:38:05,100 ~-~-> 01:38:06,750
8767 their stop loss orders are protecting
8768
8769 2193
8770 01:38:06,750 ~-~-> 01:38:08,610
8771 above that. And you'll see the market
8772
8773 2194
8774 01:38:08,610 ~-~-> 01:38:10,770
8775 rally up just above it, take it out, and
8776
8777 2195
8778 01:38:10,770 ~-~-> 01:38:13,560
8779 then break lower, it still does not
8780
8781 2196
8782 01:38:13,560 ~-~-> 01:38:15,090
8783 change the fact that we still are
8784
8785 2197
8786 01:38:15,090 ~-~-> 01:38:17,130
8787 working within a range, okay, and that
8788
8789 2198
8790 01:38:17,130 ~-~-> 01:38:19,980
8791 being this high to the low, and if you
8792
8793 2199
8794 01:38:19,980 ~-~-> 01:38:21,450
8795 look it up in here, you'll see
8796
8797 2200
8798 01:38:21,450 ~-~-> 01:38:23,430
8799 opportunities to be a seller on the
8800
8801 2201
8802 01:38:23,430 ~-~-> 01:38:28,440
8803 lower timeframe. Again, once we break
8804
8805 2202
8806 01:38:28,440 ~-~-> 01:38:29,790
8807 lower here, we have everything in an
8808
8809 2203
8810 01:38:29,790 ~-~-> 01:38:31,650
8811 agreement as well. Okay, and I'm going
8812
8813 2204
8814 01:38:31,650 ~-~-> 01:38:33,750
8815 to subscribe to the notion that you
8816
8817 2205
8818 01:38:33,750 ~-~-> 01:38:35,880
8819 probably may have lost money here or
8820
8821 2206
8822 01:38:35,880 ~-~-> 01:38:37,380
8823 missed opportunities. We're just gonna
8824
8825 2207
8826 01:38:37,380 ~-~-> 01:38:40,110
8827 call this a dead opportunity area where
8828
8829 2208
8830 01:38:40,110 ~-~-> 01:38:42,390
8831 we didn't get any kind of reasonable
8832
8833 2209
8834 01:38:45,450 ~-~-> 01:38:47,220
8835 positive equity increase, there was
8836
8837 2210
8838 01:38:47,220 ~-~-> 01:38:48,930
8839 nothing that we profited from in here.
8840
8841 2211
8842 01:38:49,920 ~-~-> 01:38:51,750
8843 Everything gets back in sync here when
8844
8845 2212
8846 01:38:51,750 ~-~-> 01:38:55,290
8847 this candle breaks below. This swing low
8848
8849 2213
8850 01:38:55,290 ~-~-> 01:38:59,550
8851 here, okay. And then we have the high
8852
8853 2214
8854 01:38:59,550 ~-~-> 01:39:02,400
8855 here Is penetrating here. So now on this
8856
8857 2215
8858 01:39:02,400 ~-~-> 01:39:05,160
8859 candle, everything's bullish, okay
8860
8861 2216
8862 01:39:05,190 ~-~-> 01:39:07,560
8863 inside of this overall sell framework.
8864
8865 2217
8866 01:39:07,830 ~-~-> 01:39:09,870
8867 So what we doing is what we've sit on
8868
8869 2218
8870 01:39:09,870 ~-~-> 01:39:14,250
8871 our hands until when here okay we expect
8872
8873 2219
8874 01:39:14,310 ~-~-> 01:39:19,830
8875 what see this low here? What is that?
8876
8877 2220
8878 01:39:20,460 ~-~-> 01:39:23,430
8879 That is a swing low. Again the fractal
8880
8881 2221
8882 01:39:23,430 ~-~-> 01:39:26,250
8883 indicator arrow is useful to communicate
8884
8885 2222
8886 01:39:26,970 ~-~-> 01:39:29,910
8887 general support, sorry, swing highs and
8888
8889 2223
8890 01:39:29,910 ~-~-> 01:39:31,800
8891 lows. But again this is the reason why I
8892
8893 2224
8894 01:39:31,800 ~-~-> 01:39:34,320
8895 don't like it by itself because it will
8896
8897 2225
8898 01:39:34,350 ~-~-> 01:39:36,780
8899 avoid printing an arrow where I would
8900
8901 2226
8902 01:39:36,780 ~-~-> 01:39:38,790
8903 classify that as a swing low. So when
8904
8905 2227
8906 01:39:38,790 ~-~-> 01:39:40,950
8907 the market opened up down here, market
8908
8909 2228
8910 01:39:40,950 ~-~-> 01:39:43,200
8911 structure and order flow has shifted to
8912
8913 2229
8914 01:39:43,200 ~-~-> 01:39:45,570
8915 bearishness again, okay. And this being
8916
8917 2230
8918 01:39:45,570 ~-~-> 01:39:48,390
8919 the most recent swing high, soon as this
8920
8921 2231
8922 01:39:48,390 ~-~-> 01:39:50,370
8923 candle closes and this one opens up,
8924
8925 2232
8926 01:39:50,700 ~-~-> 01:39:52,680
8927 this one would be a swing high To me,
8928
8929 2233
8930 01:39:52,950 ~-~-> 01:39:54,750
8931 this is a swing low and everything will
8932
8933 2234
8934 01:39:54,750 ~-~-> 01:39:57,210
8935 be bearish here. Okay and until that
8936
8937 2235
8938 01:39:57,210 ~-~-> 01:39:59,970
8939 high is taken out on the upside, okay or
8940
8941 2236
8942 01:40:00,000 ~-~-> 01:40:03,870
8943 Any newer swing high forming is taking
8944
8945 2237
8946 01:40:03,870 ~-~-> 01:40:06,840
8947 out I would be looking for lower prices.
8948
8949 2238
8950 01:40:07,350 ~-~-> 01:40:08,970
8951 Okay, and the same thing happens here,
8952
8953 2239
8954 01:40:09,240 ~-~-> 01:40:12,270
8955 we have the swing high because we have a
8956
8957 2240
8958 01:40:12,720 ~-~-> 01:40:14,850
8959 candle with a lower high here and lower
8960
8961 2241
8962 01:40:14,850 ~-~-> 01:40:16,890
8963 high here. So this is a swing high to
8964
8965 2242
8966 01:40:16,890 ~-~-> 01:40:20,580
8967 me. Okay. price breaks through it here.
8968
8969 2243
8970 01:40:21,450 ~-~-> 01:40:23,400
8971 So now we have on a very short term
8972
8973 2244
8974 01:40:23,670 ~-~-> 01:40:26,070
8975 market structure being bearish. Okay.
8976
8977 2245
8978 01:40:26,730 ~-~-> 01:40:30,060
8979 I'm sorry bullish, again inside of a
8980
8981 2246
8982 01:40:30,060 ~-~-> 01:40:31,890
8983 bearish framework. So we're looking to
8984
8985 2247
8986 01:40:31,890 ~-~-> 01:40:33,720
8987 do what we're selling into rallies,
8988
8989 2248
8990 01:40:33,930 ~-~-> 01:40:36,690
8991 we're selling into it, okay. So this is
8992
8993 2249
8994 01:40:36,690 ~-~-> 01:40:38,820
8995 where you're going to be applying the
8996
8997 2250
8998 01:40:38,850 ~-~-> 01:40:42,390
8999 what we commonly refer to as market flow
9000
9001 2251
9002 01:40:42,390 ~-~-> 01:40:46,080
9003 order flow, you you will see on a daily
9004
9005 2252
9006 01:40:46,080 ~-~-> 01:40:49,650
9007 chart, many times rallies going against
9008
9009 2253
9010 01:40:49,680 ~-~-> 01:40:52,020
9011 what would be considered market flow
9012
9013 2254
9014 01:40:52,530 ~-~-> 01:40:57,360
9015 being bullish In other words, this we
9016
9017 2255
9018 01:40:57,360 ~-~-> 01:40:59,580
9019 have this swing high here it's a candle
9020
9021 2256
9022 01:40:59,580 ~-~-> 01:41:01,020
9023 with too low Highs on the either side of
9024
9025 2257
9026 01:41:01,020 ~-~-> 01:41:03,450
9027 it when this candle blew up through it
9028
9029 2258
9030 01:41:04,110 ~-~-> 01:41:06,420
9031 will be considered bullish daily market
9032
9033 2259
9034 01:41:06,420 ~-~-> 01:41:09,900
9035 flow or order flow. But you have that
9036
9037 2260
9038 01:41:09,900 ~-~-> 01:41:11,400
9039 range here that you got to work within
9040
9041 2261
9042 01:41:12,270 ~-~-> 01:41:14,850
9043 okay and that looks like this.
9044
9045 2262
9046 01:41:19,980 ~-~-> 01:41:21,390
9047 See I went right up into that area here.
9048
9049 2263
9050 01:41:21,990 ~-~-> 01:41:24,120
9051 Both candles stop dead on the 79 cent
9052
9053 2264
9054 01:41:24,120 ~-~-> 01:41:26,490
9055 tracing level and then boom, it move
9056
9057 2265
9058 01:41:26,490 ~-~-> 01:41:28,500
9059 lower. Okay, now we have everything back
9060
9061 2266
9062 01:41:28,500 ~-~-> 01:41:30,480
9063 in sync again. We had this low taken
9064
9065 2267
9066 01:41:30,480 ~-~-> 01:41:33,930
9067 out, we have both the framework on the
9068
9069 2268
9070 01:41:33,930 ~-~-> 01:41:36,090
9071 moving averages suggesting lower prices
9072
9073 2269
9074 01:41:36,510 ~-~-> 01:41:40,140
9075 and the order flow and Mark flow is
9076
9077 2270
9078 01:41:40,170 ~-~-> 01:41:41,790
9079 bearish because we took out the swing
9080
9081 2271
9082 01:41:41,790 ~-~-> 01:41:43,560
9083 low so everything's moving lower again.
9084
9085 2272
9086 01:41:45,300 ~-~-> 01:41:47,640
9087 We we continuingly looking for selling
9088
9089 2273
9090 01:41:47,640 ~-~-> 01:41:51,000
9091 opportunities okay. And inside this is
9092
9093 2274
9094 01:41:51,090 ~-~-> 01:41:55,200
9095 area here. Now again we have the market
9096
9097 2275
9098 01:41:55,230 ~-~-> 01:41:58,170
9099 creating a nice rally and reversal.
9100
9101 2276
9102 01:41:58,200 ~-~-> 01:42:00,900
9103 Again, we are not Trying to call the
9104
9105 2277
9106 01:42:00,900 ~-~-> 01:42:03,840
9107 lows, we are not looking for the, you
9108
9109 2278
9110 01:42:03,840 ~-~-> 01:42:05,070
9111 know, the tops and the bottoms in the
9112
9113 2279
9114 01:42:05,070 ~-~-> 01:42:06,900
9115 marketplace. So even if we were to take
9116
9117 2280
9118 01:42:06,900 ~-~-> 01:42:08,520
9119 a trade in here somewhere, okay,
9120
9121 2281
9122 01:42:08,520 ~-~-> 01:42:11,070
9123 something lent to our analysis that we
9124
9125 2282
9126 01:42:11,070 ~-~-> 01:42:13,530
9127 should suggest taking a short trade and
9128
9129 2283
9130 01:42:13,530 ~-~-> 01:42:15,780
9131 we got stopped out, what do we do? We
9132
9133 2284
9134 01:42:15,780 ~-~-> 01:42:18,120
9135 accept the loss and we move on. Okay?
9136
9137 2285
9138 01:42:18,540 ~-~-> 01:42:20,550
9139 Right in our journal, keep it you know,
9140
9141 2286
9142 01:42:21,300 ~-~-> 01:42:23,490
9143 as a learning process, and continuously
9144
9145 2287
9146 01:42:23,490 ~-~-> 01:42:26,970
9147 looking for the next opportunity. All
9148
9149 2288
9150 01:42:26,970 ~-~-> 01:42:30,390
9151 this right here, okay, would be the same
9152
9153 2289
9154 01:42:30,390 ~-~-> 01:42:32,550
9155 information this applied going forward.
9156
9157 2290
9158 01:42:32,580 ~-~-> 01:42:34,770
9159 Now this, we only had these two examples
9160
9161 2291
9162 01:42:34,770 ~-~-> 01:42:38,580
9163 in our analysis and study. Again, we had
9164
9165 2292
9166 01:42:39,240 ~-~-> 01:42:41,400
9167 that red arrow area in the two green
9168
9169 2293
9170 01:42:41,400 ~-~-> 01:42:45,780
9171 areas. Inside of these pockets of price
9172
9173 2294
9174 01:42:45,780 ~-~-> 01:42:48,060
9175 action, there's more than enough
9176
9177 2295
9178 01:42:48,060 ~-~-> 01:42:50,190
9179 opportunities for you to take trades
9180
9181 2296
9182 01:42:50,370 ~-~-> 01:42:53,580
9183 just using the daily chart. Okay, but if
9184
9185 2297
9186 01:42:53,580 ~-~-> 01:42:56,910
9187 you use the four hour chart, you'll be
9188
9189 2298
9190 01:42:56,910 ~-~-> 01:42:59,430
9191 able to glean a better understanding of
9192
9193 2299
9194 01:42:59,430 ~-~-> 01:43:01,230
9195 what it is That you're going to be
9196
9197 2300
9198 01:43:01,230 ~-~-> 01:43:03,510
9199 hunting. But before we do that, let's
9200
9201 2301
9202 01:43:03,510 ~-~-> 01:43:06,630
9203 strip the chart again. And we're going
9204
9205 2302
9206 01:43:06,630 ~-~-> 01:43:10,710
9207 to take these fractal things off here.
9208
9209 2303
9210 01:43:11,640 ~-~-> 01:43:13,500
9211 Okay? And what I'm going to discuss now
9212
9213 2304
9214 01:43:14,910 ~-~-> 01:43:15,570
9215 is
9216
9217 2305
9218 01:43:16,410 ~-~-> 01:43:18,810
9219 what specifically is inside the candles
9220
9221 2306
9222 01:43:18,810 ~-~-> 01:43:20,640
9223 that's useful to us, okay? And why
9224
9225 2307
9226 01:43:20,640 ~-~-> 01:43:25,020
9227 consolidations breed opportunity. We
9228
9229 2308
9230 01:43:25,020 ~-~-> 01:43:28,440
9231 have an area of consolidation right
9232
9233 2309
9234 01:43:28,440 ~-~-> 01:43:31,140
9235 here. And I probably should take these
9236
9237 2310
9238 01:43:31,140 ~-~-> 01:43:40,920
9239 rectangles off because there we go. And
9240
9241 2311
9242 01:43:40,920 ~-~-> 01:43:41,580
9243 we have
9244
9245 2312
9246 01:43:48,210 ~-~-> 01:43:55,950
9247 this consolidation right here. Okay,
9248
9249 2313
9250 01:43:55,950 ~-~-> 01:44:00,840
9251 inside this, I'm gonna make it blue. In
9252
9253 2314
9254 01:44:00,840 ~-~-> 01:44:04,290
9255 this little area here, okay, smart money
9256
9257 2315
9258 01:44:04,290 ~-~-> 01:44:08,790
9259 is accumulating. Now, how do I know it's
9260
9261 2316
9262 01:44:09,660 ~-~-> 01:44:11,760
9263 accumulating? Well, because number one
9264
9265 2317
9266 01:44:11,760 ~-~-> 01:44:15,120
9267 prices already moved off of an area
9268
9269 2318
9270 01:44:15,150 ~-~-> 01:44:19,860
9271 where it caused a reaction. Okay, inside
9272
9273 2319
9274 01:44:19,860 ~-~-> 01:44:23,220
9275 this reaction, this price move higher.
9276
9277 2320
9278 01:44:23,250 ~-~-> 01:44:25,080
9279 Okay, we're talking about a daily chart
9280
9281 2321
9282 01:44:25,080 ~-~-> 01:44:31,050
9283 moving for days to the tune of about 465
9284
9285 2322
9286 01:44:31,050 ~-~-> 01:44:33,930
9287 pips. Okay? retail traders can't do
9288
9289 2323
9290 01:44:33,930 ~-~-> 01:44:36,090
9291 that. So institutional funds
9292
9293 2324
9294 01:44:36,120 ~-~-> 01:44:38,340
9295 institutional traders will smart money
9296
9297 2325
9298 01:44:38,340 ~-~-> 01:44:39,870
9299 will this is the elephant putting its
9300
9301 2326
9302 01:44:39,870 ~-~-> 01:44:41,970
9303 foot in the water, okay? Then we go into
9304
9305 2327
9306 01:44:41,970 ~-~-> 01:44:45,240
9307 a consolidation, it's pausing in here,
9308
9309 2328
9310 01:44:45,300 ~-~-> 01:44:47,220
9311 traders chase it thinking, Okay, what's
9312
9313 2329
9314 01:44:47,220 ~-~-> 01:44:48,450
9315 been going up, I'm gonna keep buying it
9316
9317 2330
9318 01:44:48,450 ~-~-> 01:44:49,920
9319 and they get pounded here to get pounded
9320
9321 2331
9322 01:44:49,920 ~-~-> 01:44:51,930
9323 here, get pounded here. And at this
9324
9325 2332
9326 01:44:51,930 ~-~-> 01:44:52,950
9327 point, they say well, it's probably not
9328
9329 2333
9330 01:44:52,950 ~-~-> 01:44:54,420
9331 going to keep going up. So I'm going to
9332
9333 2334
9334 01:44:54,420 ~-~-> 01:44:56,220
9335 be a seller and what they do they sell a
9336
9337 2335
9338 01:44:56,220 ~-~-> 01:44:58,470
9339 breakout. Okay? Are they so you know,
9340
9341 2336
9342 01:44:58,500 ~-~-> 01:45:00,600
9343 whatever pattern they think is is
9344
9345 2337
9346 01:45:00,630 ~-~-> 01:45:03,180
9347 beneficial to them and ended up getting
9348
9349 2338
9350 01:45:03,180 ~-~-> 01:45:04,350
9351 caught on the other side of the market
9352
9353 2339
9354 01:45:04,350 ~-~-> 01:45:07,890
9355 again. We as traders, okay, here's what
9356
9357 2340
9358 01:45:07,890 ~-~-> 01:45:09,330
9359 we're going to take a huge step right
9360
9361 2341
9362 01:45:09,330 ~-~-> 01:45:12,780
9363 now. Okay? You need institutional
9364
9365 2342
9366 01:45:12,780 ~-~-> 01:45:15,180
9367 sponsorship in your trades.
9368
9369 2343
9370 01:45:16,110 ~-~-> 01:45:17,970
9371 Institutional sponsorship is when you
9372
9373 2344
9374 01:45:17,970 ~-~-> 01:45:19,560
9375 start seeing things like this as the
9376
9377 2345
9378 01:45:19,590 ~-~-> 01:45:21,480
9379 market moves up, moves into
9380
9381 2346
9382 01:45:21,480 ~-~-> 01:45:24,240
9383 consolidation. This is where pairing of
9384
9385 2347
9386 01:45:24,240 ~-~-> 01:45:26,100
9387 orders is taking place. Okay?
9388
9389 2348
9390 01:45:26,940 ~-~-> 01:45:29,910
9391 institutional trading is building up
9392
9393 2349
9394 01:45:29,910 ~-~-> 01:45:32,460
9395 positions, all in these areas here.
9396
9397 2350
9398 01:45:32,670 ~-~-> 01:45:34,650
9399 Okay. And what you're looking for is
9400
9401 2351
9402 01:45:34,650 ~-~-> 01:45:37,020
9403 where areas of where the market has
9404
9405 2352
9406 01:45:37,020 ~-~-> 01:45:42,120
9407 moved with a great level of conviction.
9408
9409 2353
9410 01:45:42,510 ~-~-> 01:45:45,360
9411 Okay. If they can move the market almost
9412
9413 2354
9414 01:45:45,360 ~-~-> 01:45:47,670
9415 500 pips here and it starts pausing.
9416
9417 2355
9418 01:45:48,240 ~-~-> 01:45:49,380
9419 Chances are, it's probably gonna be
9420
9421 2356
9422 01:45:49,380 ~-~-> 01:45:52,170
9423 another leg up. And what I mean by that,
9424
9425 2357
9426 01:45:52,170 ~-~-> 01:45:54,510
9427 well, if you take this low to the high
9428
9429 2358
9430 01:45:54,720 ~-~-> 01:46:01,620
9431 in here if you see that range here It's
9432
9433 2359
9434 01:46:01,620 ~-~-> 01:46:03,420
9435 probably gonna look to make a move equal
9436
9437 2360
9438 01:46:03,420 ~-~-> 01:46:07,050
9439 to that same thing. Okay, and here's a
9440
9441 2361
9442 01:46:07,050 ~-~-> 01:46:08,370
9443 low we're going to use basically use
9444
9445 2362
9446 01:46:08,370 ~-~-> 01:46:11,160
9447 this because usually the same this here
9448
9449 2363
9450 01:46:11,160 ~-~-> 01:46:13,500
9451 and here's basically the same price. As
9452
9453 2364
9454 01:46:13,500 ~-~-> 01:46:14,880
9455 you take this out in time, you can see
9456
9457 2365
9458 01:46:15,060 ~-~-> 01:46:16,740
9459 the market did move in fact to that same
9460
9461 2366
9462 01:46:16,740 ~-~-> 01:46:19,050
9463 price level. Again, it's just like a
9464
9465 2367
9466 01:46:19,050 ~-~-> 01:46:21,360
9467 measured move taking the first swing and
9468
9469 2368
9470 01:46:21,360 ~-~-> 01:46:23,310
9471 then consolidation and expect another
9472
9473 2369
9474 01:46:23,610 ~-~-> 01:46:26,130
9475 move higher. What I want to draw your
9476
9477 2370
9478 01:46:26,130 ~-~-> 01:46:28,980
9479 attention to is again on a daily chart
9480
9481 2371
9482 01:46:30,870 ~-~-> 01:46:35,220
9483 how I like to view the market is it see
9484
9485 2372
9486 01:46:35,220 ~-~-> 01:46:38,790
9487 this candle here? Okay, if we look at
9488
9489 2373
9490 01:46:38,790 ~-~-> 01:46:42,690
9491 that, this candle right here,
9492
9493 2374
9494 01:46:44,820 ~-~-> 01:46:45,420
9495 here
9496
9497 2375
9498 01:46:53,310 ~-~-> 01:46:54,630
9499 the body of that candle
9500
9501 2376
9502 01:46:56,640 ~-~-> 01:46:57,150
9503 okay.
9504
9505 2377
9506 01:47:00,000 ~-~-> 01:47:02,100
9507 To me the most useful portion of it,
9508
9509 2378
9510 01:47:02,490 ~-~-> 01:47:06,810
9511 okay? When price rallied up, okay and
9512
9513 2379
9514 01:47:06,810 ~-~-> 01:47:08,670
9515 consolidated and moved out of it and
9516
9517 2380
9518 01:47:08,670 ~-~-> 01:47:10,110
9519 came right back down into it but was
9520
9521 2381
9522 01:47:10,140 ~-~-> 01:47:12,000
9523 unable to break this low, we are in a
9524
9525 2382
9526 01:47:12,000 ~-~-> 01:47:17,610
9527 consolidation. Okay. In this area in
9528
9529 2383
9530 01:47:17,610 ~-~-> 01:47:20,190
9531 here, okay, something's going on
9532
9533 2384
9534 01:47:20,400 ~-~-> 01:47:22,650
9535 institutionally speaking. I don't know
9536
9537 2385
9538 01:47:22,650 ~-~-> 01:47:25,200
9539 exactly what it is. But I know that
9540
9541 2386
9542 01:47:25,200 ~-~-> 01:47:28,350
9543 there's something that traders on a
9544
9545 2387
9546 01:47:28,350 ~-~-> 01:47:31,830
9547 large institutional basis want this
9548
9549 2388
9550 01:47:31,860 ~-~-> 01:47:34,080
9551 price for whatever reason they think
9552
9553 2389
9554 01:47:34,080 ~-~-> 01:47:36,630
9555 there's value to it, okay? And what
9556
9557 2390
9558 01:47:36,630 ~-~-> 01:47:37,710
9559 we're going to do is we're going to be
9560
9561 2391
9562 01:47:37,710 ~-~-> 01:47:42,000
9563 looking at this whole area here and I
9564
9565 2392
9566 01:47:42,000 ~-~-> 01:47:43,170
9567 really should be using the high the
9568
9569 2393
9570 01:47:43,170 ~-~-> 01:47:47,130
9571 candle, not just the body, but this
9572
9573 2394
9574 01:47:47,130 ~-~-> 01:47:53,460
9575 whole area here is important. Because
9576
9577 2395
9578 01:47:53,460 ~-~-> 01:47:55,260
9579 this is going to be an institutional
9580
9581 2396
9582 01:47:55,260 ~-~-> 01:47:58,260
9583 order block. Okay, when price rallied
9584
9585 2397
9586 01:47:58,260 ~-~-> 01:47:59,970
9587 out of that and came back one more time
9588
9589 2398
9590 01:48:00,540 ~-~-> 01:48:02,460
9591 Okay, they did, they dipped below this
9592
9593 2399
9594 01:48:02,460 ~-~-> 01:48:04,950
9595 area here to clear out any kind of stops
9596
9597 2400
9598 01:48:04,950 ~-~-> 01:48:06,510
9599 that would be resting there. Okay and
9600
9601 2401
9602 01:48:06,510 ~-~-> 01:48:08,580
9603 it's a stop run. One of the most
9604
9605 2402
9606 01:48:08,580 ~-~-> 01:48:09,750
9607 important things you can have your notes
9608
9609 2403
9610 01:48:09,750 ~-~-> 01:48:11,700
9611 are is if the price can come back to a
9612
9613 2404
9614 01:48:11,700 ~-~-> 01:48:14,070
9615 key level support resistance, sweep
9616
9617 2405
9618 01:48:14,070 ~-~-> 01:48:16,230
9619 through it one more time. Okay and then
9620
9621 2406
9622 01:48:16,530 ~-~-> 01:48:18,720
9623 fail to keep going. That's generally a
9624
9625 2407
9626 01:48:18,720 ~-~-> 01:48:20,190
9627 sign that was a stop rate and they're
9628
9629 2408
9630 01:48:20,190 ~-~-> 01:48:22,110
9631 getting ready to do a major repricing
9632
9633 2409
9634 01:48:22,320 ~-~-> 01:48:23,610
9635 going the opposite direction in other
9636
9637 2410
9638 01:48:23,610 ~-~-> 01:48:25,830
9639 words contrary to direction the stop was
9640
9641 2411
9642 01:48:25,890 ~-~-> 01:48:28,260
9643 rattling somewhere they drove it lower
9644
9645 2412
9646 01:48:28,260 ~-~-> 01:48:30,900
9647 here, engineered it lower to send it
9648
9649 2413
9650 01:48:30,900 ~-~-> 01:48:33,000
9651 higher. Okay, why did they do that?
9652
9653 2414
9654 01:48:33,030 ~-~-> 01:48:34,800
9655 Because they want the orders that are in
9656
9657 2415
9658 01:48:34,800 ~-~-> 01:48:39,330
9659 existence down here. Okay. So what do I
9660
9661 2416
9662 01:48:39,330 ~-~-> 01:48:42,150
9663 mean by that? Well, we had one little or
9664
9665 2417
9666 01:48:42,150 ~-~-> 01:48:43,590
9667 block in here between this candles high
9668
9669 2418
9670 01:48:43,590 ~-~-> 01:48:45,690
9671 in this candles low Okay, when price
9672
9673 2419
9674 01:48:45,690 ~-~-> 01:48:47,040
9675 rallied out they couldn't get all their
9676
9677 2420
9678 01:48:47,040 ~-~-> 01:48:49,860
9679 trade on. So what do they do they stop
9680
9681 2421
9682 01:48:49,860 ~-~-> 01:48:52,800
9683 their buying okay. And with they're not
9684
9685 2422
9686 01:48:52,800 ~-~-> 01:48:55,530
9687 buying price will be permitted to trade
9688
9689 2423
9690 01:48:55,530 ~-~-> 01:48:57,360
9691 lower, and then they'll support the
9692
9693 2424
9694 01:48:57,360 ~-~-> 01:48:59,280
9695 market again because why they're buying
9696
9697 2425
9698 01:48:59,280 ~-~-> 01:49:00,540
9699 comes back in tomorrow. marketplace in
9700
9701 2426
9702 01:49:00,540 ~-~-> 01:49:02,160
9703 here, okay, and they're buying it up
9704
9705 2427
9706 01:49:02,160 ~-~-> 01:49:04,830
9707 again, that's going to control this
9708
9709 2428
9710 01:49:04,860 ~-~-> 01:49:06,930
9711 decline and keep from going back into
9712
9713 2429
9714 01:49:06,930 ~-~-> 01:49:08,370
9715 this area here because they already have
9716
9717 2430
9718 01:49:08,370 ~-~-> 01:49:10,710
9719 established positions back here. They
9720
9721 2431
9722 01:49:10,710 ~-~-> 01:49:12,240
9723 don't want those violated, they don't
9724
9725 2432
9726 01:49:12,240 ~-~-> 01:49:13,770
9727 want to see a net loss in there. So
9728
9729 2433
9730 01:49:13,770 ~-~-> 01:49:15,390
9731 they're going to add more positions in
9732
9733 2434
9734 01:49:15,390 ~-~-> 01:49:18,450
9735 here supporting the market. Again, don't
9736
9737 2435
9738 01:49:18,450 ~-~-> 01:49:19,980
9739 think like a retail trader, think like
9740
9741 2436
9742 01:49:19,980 ~-~-> 01:49:21,990
9743 the banks, the institutional guys, they
9744
9745 2437
9746 01:49:21,990 ~-~-> 01:49:23,580
9747 want to keep this thing they have a
9748
9749 2438
9750 01:49:23,580 ~-~-> 01:49:25,110
9751 vested interest in keeping this market
9752
9753 2439
9754 01:49:25,110 ~-~-> 01:49:27,090
9755 up. So if they wanted to move higher,
9756
9757 2440
9758 01:49:27,210 ~-~-> 01:49:28,500
9759 they're gonna be buying it at a level
9760
9761 2441
9762 01:49:28,500 ~-~-> 01:49:30,750
9763 where they consider it valuable, okay,
9764
9765 2442
9766 01:49:30,780 ~-~-> 01:49:34,440
9767 or a viewing perspective on the
9768
9769 2443
9770 01:49:34,440 ~-~-> 01:49:38,460
9771 marketplace as it has a worth of some
9772
9773 2444
9774 01:49:38,460 ~-~-> 01:49:42,330
9775 sort, or undervalued if you will. Now,
9776
9777 2445
9778 01:49:42,390 ~-~-> 01:49:44,940
9779 as price moved out of this area here,
9780
9781 2446
9782 01:49:44,970 ~-~-> 01:49:46,740
9783 again, this is that consolidation area
9784
9785 2447
9786 01:49:46,740 ~-~-> 01:49:49,050
9787 we just had blocked off. Its price move
9788
9789 2448
9790 01:49:49,080 ~-~-> 01:49:50,940
9791 out of that area here we have market
9792
9793 2449
9794 01:49:50,940 ~-~-> 01:49:52,890
9795 structure shift here again to the
9796
9797 2450
9798 01:49:52,890 ~-~-> 01:49:54,600
9799 bullishness to this high was taken out
9800
9801 2451
9802 01:49:54,900 ~-~-> 01:50:01,470
9803 here so let's draw that out. Okay, we
9804
9805 2452
9806 01:50:01,470 ~-~-> 01:50:03,330
9807 are bullish market structure here, price
9808
9809 2453
9810 01:50:03,330 ~-~-> 01:50:05,160
9811 rallies up again and then we have this
9812
9813 2454
9814 01:50:05,190 ~-~-> 01:50:07,890
9815 decline. Okay. Now remember earlier I
9816
9817 2455
9818 01:50:07,890 ~-~-> 01:50:10,800
9819 was discussing this Yes, it was three
9820
9821 2456
9822 01:50:10,800 ~-~-> 01:50:12,060
9823 days where it was bearish. I'm not
9824
9825 2457
9826 01:50:12,120 ~-~-> 01:50:14,820
9827 ignoring that. Okay. The reason why I
9828
9829 2458
9830 01:50:14,820 ~-~-> 01:50:17,010
9831 was going to come back to this example
9832
9833 2459
9834 01:50:17,010 ~-~-> 01:50:19,440
9835 here because this is exactly what I used
9836
9837 2460
9838 01:50:19,440 ~-~-> 01:50:21,990
9839 to get in these types of trades. If you
9840
9841 2461
9842 01:50:21,990 ~-~-> 01:50:24,570
9843 look at this area of where the
9844
9845 2462
9846 01:50:24,570 ~-~-> 01:50:27,000
9847 institutional order block was, okay, and
9848
9849 2463
9850 01:50:27,000 ~-~-> 01:50:29,430
9851 again, what how am I defining that
9852
9853 2464
9854 01:50:29,550 ~-~-> 01:50:31,860
9855 because we went into a consolidation, we
9856
9857 2465
9858 01:50:31,860 ~-~-> 01:50:35,010
9859 rallied up, okay. And you want to see a
9860
9861 2466
9862 01:50:35,010 ~-~-> 01:50:37,650
9863 conviction, a very strong conviction in
9864
9865 2467
9866 01:50:37,650 ~-~-> 01:50:39,090
9867 the marketplace. And when you see
9868
9869 2468
9870 01:50:39,090 ~-~-> 01:50:39,930
9871 something like this where it moves,
9872
9873 2469
9874 01:50:39,930 ~-~-> 01:50:42,060
9875 several hundred pips, retail traders
9876
9877 2470
9878 01:50:42,060 ~-~-> 01:50:44,160
9879 can't do that. So that's the elephant
9880
9881 2471
9882 01:50:44,160 ~-~-> 01:50:45,810
9883 putting his foot in the water. And when
9884
9885 2472
9886 01:50:45,810 ~-~-> 01:50:47,880
9887 price comes back down, okay, it gets
9888
9889 2473
9890 01:50:47,880 ~-~-> 01:50:49,200
9891 back in the same area, we can reasonably
9892
9893 2474
9894 01:50:49,200 ~-~-> 01:50:50,880
9895 expect to see it to do what we expect it
9896
9897 2475
9898 01:50:50,880 ~-~-> 01:50:52,920
9899 to rally. And when it rallies up and
9900
9901 2476
9902 01:50:52,920 ~-~-> 01:50:54,480
9903 breaks these highs, we know that they
9904
9905 2477
9906 01:50:54,480 ~-~-> 01:50:56,640
9907 are really putting an effort to keep
9908
9909 2478
9910 01:50:56,640 ~-~-> 01:50:59,100
9911 this thing going moving higher. Now
9912
9913 2479
9914 01:50:59,100 ~-~-> 01:51:00,630
9915 watch, we're getting anything out. huge
9916
9917 2480
9918 01:51:00,630 ~-~-> 01:51:03,960
9919 leap forward. Okay, this area here
9920
9921 2481
9922 01:51:04,050 ~-~-> 01:51:05,820
9923 because we use this first candle, it's
9924
9925 2482
9926 01:51:05,820 ~-~-> 01:51:08,430
9927 the bearish candle. Okay prior to the
9928
9929 2483
9930 01:51:08,430 ~-~-> 01:51:12,240
9931 first rally if we took this down to a
9932
9933 2484
9934 01:51:12,240 ~-~-> 01:51:14,250
9935 lower timeframe, what do you think this
9936
9937 2485
9938 01:51:14,250 ~-~-> 01:51:16,770
9939 is going to be? It's going to be a
9940
9941 2486
9942 01:51:16,890 ~-~-> 01:51:20,430
9943 market structure or a market flow or
9944
9945 2487
9946 01:51:20,430 ~-~-> 01:51:22,830
9947 order flow reference point where if it
9948
9949 2488
9950 01:51:22,830 ~-~-> 01:51:24,360
9951 breaks to the higher side we would
9952
9953 2489
9954 01:51:24,360 ~-~-> 01:51:26,910
9955 expect to see what bullish prices okay?
9956
9957 2490
9958 01:51:27,540 ~-~-> 01:51:31,770
9959 But also it's during down candles okay
9960
9961 2491
9962 01:51:31,770 ~-~-> 01:51:34,620
9963 or down moves is when the Smart Money
9964
9965 2492
9966 01:51:34,620 ~-~-> 01:51:37,950
9967 accumulates positions. Let me say that
9968
9969 2493
9970 01:51:37,950 ~-~-> 01:51:39,000
9971 one more time because it went right over
9972
9973 2494
9974 01:51:39,000 ~-~-> 01:51:42,780
9975 your head I'm sure. Smart Money or
9976
9977 2495
9978 01:51:42,810 ~-~-> 01:51:46,050
9979 professional traders do their buying on
9980
9981 2496
9982 01:51:46,050 ~-~-> 01:51:50,610
9983 down moves. They do not chase price.
9984
9985 2497
9986 01:51:50,940 ~-~-> 01:51:53,790
9987 They buy it when it's going down. Okay.
9988
9989 2498
9990 01:51:54,690 ~-~-> 01:51:59,130
9991 When the market strong harms were struck
9992
9993 2499
9994 01:52:00,660 ~-~-> 01:52:01,350
9995 Smart Money
9996
9997 2500
9998 01:52:01,410 ~-~-> 01:52:04,200
9999 traders want to sell, they sell when the
10000
10001 2501
10002 01:52:04,200 ~-~-> 01:52:06,660
10003 markets rallying up, they don't sell it
10004
10005 2502
10006 01:52:06,930 ~-~-> 01:52:09,420
10007 when it's dropping down. Okay, so have
10008
10009 2503
10010 01:52:09,420 ~-~-> 01:52:11,370
10011 that in your little notebook, you want
10012
10013 2504
10014 01:52:11,370 ~-~-> 01:52:13,260
10015 to be doing the same thing, which is one
10016
10017 2505
10018 01:52:13,260 ~-~-> 01:52:15,690
10019 of the strongest components that makes
10020
10021 2506
10022 01:52:15,690 ~-~-> 01:52:17,520
10023 up my trading because I'm a buyer when
10024
10025 2507
10026 01:52:17,520 ~-~-> 01:52:20,070
10027 the markets moving lower. If you were
10028
10029 2508
10030 01:52:20,070 ~-~-> 01:52:23,100
10031 watching this series of two days here on
10032
10033 2509
10034 01:52:23,100 ~-~-> 01:52:25,140
10035 an intraday basis, this probably looked
10036
10037 2510
10038 01:52:25,140 ~-~-> 01:52:26,610
10039 like this was like a bat out of hell.
10040
10041 2511
10042 01:52:26,700 ~-~-> 01:52:28,380
10043 Okay, screaming lower and it's probably
10044
10045 2512
10046 01:52:28,380 ~-~-> 01:52:29,640
10047 gonna keep on trading Lower, lower
10048
10049 2513
10050 01:52:29,640 ~-~-> 01:52:32,940
10051 lower. You have to understand on this
10052
10053 2514
10054 01:52:32,940 ~-~-> 01:52:34,530
10055 higher timeframe daily chart what was
10056
10057 2515
10058 01:52:34,530 ~-~-> 01:52:38,610
10059 taking place. See this whole area here
10060
10061 2516
10062 01:52:38,610 ~-~-> 01:52:41,610
10063 we just blocked out. We have two areas
10064
10065 2517
10066 01:52:41,610 ~-~-> 01:52:44,640
10067 of where they have created two large
10068
10069 2518
10070 01:52:44,640 ~-~-> 01:52:46,980
10071 institutional order blocks. I'm going to
10072
10073 2519
10074 01:52:46,980 ~-~-> 01:52:49,350
10075 show you the second one that took place.
10076
10077 2520
10078 01:52:50,190 ~-~-> 01:52:53,760
10079 See the rally took off here. The bearish
10080
10081 2521
10082 01:52:53,760 ~-~-> 01:52:56,070
10083 candle right before it taken off, is
10084
10085 2522
10086 01:52:56,070 ~-~-> 01:52:59,220
10087 where you would have your expectancy of
10088
10089 2523
10090 01:52:59,610 ~-~-> 01:53:01,080
10091 market Structure shifting on the bullish
10092
10093 2524
10094 01:53:01,080 ~-~-> 01:53:04,260
10095 side right in here okay. Now as price
10096
10097 2525
10098 01:53:04,260 ~-~-> 01:53:08,970
10099 rallies off this low here okay and again
10100
10101 2526
10102 01:53:09,420 ~-~-> 01:53:11,580
10103 think this is a consolidation in here so
10104
10105 2527
10106 01:53:11,580 ~-~-> 01:53:12,750
10107 with this consolidation there's
10108
10109 2528
10110 01:53:12,750 ~-~-> 01:53:16,050
10111 opportunity being bred okay and as the
10112
10113 2529
10114 01:53:16,050 ~-~-> 01:53:19,410
10115 market moves higher okay it moves up in
10116
10117 2530
10118 01:53:19,410 ~-~-> 01:53:22,650
10119 a rally and again you can day trade in
10120
10121 2531
10122 01:53:22,650 ~-~-> 01:53:25,020
10123 these moves following that consider a
10124
10125 2532
10126 01:53:25,020 ~-~-> 01:53:28,080
10127 daily chart. So, moving within this
10128
10129 2533
10130 01:53:28,110 ~-~-> 01:53:31,200
10131 price swing we can reasonably expect you
10132
10133 2534
10134 01:53:31,950 ~-~-> 01:53:35,100
10135 intraday trading opportunities which is
10136
10137 2535
10138 01:53:35,100 ~-~-> 01:53:37,890
10139 beyond the scope of this teaching again
10140
10141 2536
10142 01:53:37,890 ~-~-> 01:53:42,720
10143 but as price moves up and makes us price
10144
10145 2537
10146 01:53:42,720 ~-~-> 01:53:47,070
10147 swing here starts to retrace back in we
10148
10149 2538
10150 01:53:47,070 ~-~-> 01:53:51,300
10151 have to order block areas that may be
10152
10153 2539
10154 01:53:51,750 ~-~-> 01:53:54,480
10155 utilized as retracement opportunities.
10156
10157 2540
10158 01:53:55,020 ~-~-> 01:53:57,630
10159 Okay, you have this one here with this
10160
10161 2541
10162 01:53:58,590 ~-~-> 01:54:02,730
10163 candle here which is free Down candle
10164
10165 2542
10166 01:54:02,730 ~-~-> 01:54:04,920
10167 prior to the rally up in here, okay, so
10168
10169 2543
10170 01:54:04,920 ~-~-> 01:54:06,420
10171 above this high here would be the
10172
10173 2544
10174 01:54:06,420 ~-~-> 01:54:08,340
10175 indication of a market structure shift
10176
10177 2545
10178 01:54:08,670 ~-~-> 01:54:11,100
10179 on a lower timeframe. So when it breaks
10180
10181 2546
10182 01:54:11,100 ~-~-> 01:54:12,720
10183 above that if it comes back down to that
10184
10185 2547
10186 01:54:12,720 ~-~-> 01:54:15,600
10187 same point of origin, this will be a
10188
10189 2548
10190 01:54:15,630 ~-~-> 01:54:18,180
10191 likely candidate for a buy. Now I want
10192
10193 2549
10194 01:54:18,180 ~-~-> 01:54:20,910
10195 to draw your attention to here is the
10196
10197 2550
10198 01:54:20,910 ~-~-> 01:54:24,180
10199 fact that we didn't get lower than these
10200
10201 2551
10202 01:54:24,180 ~-~-> 01:54:27,030
10203 lows here really doesn't negate the
10204
10205 2552
10206 01:54:27,090 ~-~-> 01:54:29,880
10207 validity of this potential area. It just
10208
10209 2553
10210 01:54:29,880 ~-~-> 01:54:32,040
10211 means that they have enough of their
10212
10213 2554
10214 01:54:32,040 ~-~-> 01:54:34,920
10215 orders established in this area here on
10216
10217 2555
10218 01:54:34,920 ~-~-> 01:54:38,010
10219 this front prior to this candle making
10220
10221 2556
10222 01:54:38,010 ~-~-> 01:54:39,900
10223 this here. Now what's this down move
10224
10225 2557
10226 01:54:39,900 ~-~-> 01:54:42,630
10227 here? All these candles moving up,
10228
10229 2558
10230 01:54:42,930 ~-~-> 01:54:45,120
10231 breaking the swing high here. Okay, this
10232
10233 2559
10234 01:54:45,120 ~-~-> 01:54:47,880
10235 is the first down candle high above this
10236
10237 2560
10238 01:54:47,880 ~-~-> 01:54:50,160
10239 candle here. When it broke here, market
10240
10241 2561
10242 01:54:50,160 ~-~-> 01:54:52,260
10243 structure in the lower timeframes was
10244
10245 2562
10246 01:54:52,260 ~-~-> 01:54:55,500
10247 bullish. Okay. So when we see that price
10248
10249 2563
10250 01:54:55,500 ~-~-> 01:54:57,330
10251 comes right back down, gets into the
10252
10253 2564
10254 01:54:57,330 ~-~-> 01:54:58,890
10255 same order block here now one a little
10256
10257 2565
10258 01:54:58,890 ~-~-> 01:55:01,950
10259 bit lower again. But if we extend this
10260
10261 2566
10262 01:55:01,950 ~-~-> 01:55:06,300
10263 in time, I'm going to illustrate what it
10264
10265 2567
10266 01:55:06,300 ~-~-> 01:55:08,280
10267 is specifically that's going on on an
10268
10269 2568
10270 01:55:08,280 ~-~-> 01:55:10,590
10271 institutional level that you need to be
10272
10273 2569
10274 01:55:10,590 ~-~-> 01:55:13,200
10275 aware of to help you with your trading.
10276
10277 2570
10278 01:55:15,090 ~-~-> 01:55:16,530
10279 And I'm going to take these lines off
10280
10281 2571
10282 01:55:16,530 ~-~-> 01:55:19,710
10283 because they no longer are serving a
10284
10285 2572
10286 01:55:19,710 ~-~-> 01:55:24,060
10287 purpose. Okay, so price comes down. And
10288
10289 2573
10290 01:55:24,060 ~-~-> 01:55:25,620
10291 again, remember these these days here
10292
10293 2574
10294 01:55:25,620 ~-~-> 01:55:29,190
10295 we're talking about earlier if you as
10296
10297 2575
10298 01:55:29,190 ~-~-> 01:55:31,620
10299 price ran up, here, we were in that
10300
10301 2576
10302 01:55:31,620 ~-~-> 01:55:35,580
10303 bullish environment where the averages
10304
10305 2577
10306 01:55:35,580 ~-~-> 01:55:37,650
10307 were indicating that we're likely to see
10308
10309 2578
10310 01:55:37,650 ~-~-> 01:55:40,170
10311 upward pressure. When price came down
10312
10313 2579
10314 01:55:40,170 ~-~-> 01:55:43,380
10315 like this, we can sit back and wait for
10316
10317 2580
10318 01:55:43,380 ~-~-> 01:55:45,300
10319 price to enter back into an area of
10320
10321 2581
10322 01:55:45,330 ~-~-> 01:55:50,220
10323 potential institutional order. So when
10324
10325 2582
10326 01:55:50,220 ~-~-> 01:55:51,930
10327 we have price moving back into that,
10328
10329 2583
10330 01:55:52,410 ~-~-> 01:55:55,500
10331 this is where we start understanding the
10332
10333 2584
10334 01:55:55,500 ~-~-> 01:55:58,170
10335 mechanics behind the ICT optimal trade
10336
10337 2585
10338 01:55:58,170 ~-~-> 01:56:00,300
10339 entry pattern. And let's Let's take a
10340
10341 2586
10342 01:56:00,300 ~-~-> 01:56:07,380
10343 look at that now. We have the swing here
10344
10345 2587
10346 01:56:07,380 ~-~-> 01:56:10,470
10347 from this low up to this range high
10348
10349 2588
10350 01:56:10,470 ~-~-> 01:56:13,860
10351 here. Okay, so we have the low here and
10352
10353 2589
10354 01:56:13,860 ~-~-> 01:56:15,810
10355 the high here, price comes down and
10356
10357 2590
10358 01:56:15,810 ~-~-> 01:56:19,170
10359 slams right into that 70.5 level or
10360
10361 2591
10362 01:56:19,170 ~-~-> 01:56:22,080
10363 sweetspot like I like to call it that
10364
10365 2592
10366 01:56:22,080 ~-~-> 01:56:23,340
10367 means you could be buying anywhere
10368
10369 2593
10370 01:56:23,340 ~-~-> 01:56:25,950
10371 around that 130 big figure not factoring
10372
10373 2594
10374 01:56:25,950 ~-~-> 01:56:27,660
10375 in the spread obviously about three pips
10376
10377 2595
10378 01:56:27,660 ~-~-> 01:56:30,870
10379 as this is a safe bet, in this case 130
10380
10381 2596
10382 01:56:30,870 ~-~-> 01:56:34,740
10383 oh six or 135 is a good number that you
10384
10385 2597
10386 01:56:34,740 ~-~-> 01:56:41,100
10387 can try to get long in the the low prior
10388
10389 2598
10390 01:56:41,100 ~-~-> 01:56:43,680
10391 to that this swing low here would be a
10392
10393 2599
10394 01:56:44,250 ~-~-> 01:56:47,610
10395 possible scenario to had you are
10396
10397 2600
10398 01:56:47,700 ~-~-> 01:56:50,490
10399 expecting this candle here. If it dipped
10400
10401 2601
10402 01:56:50,490 ~-~-> 01:56:52,500
10403 down lower, we could have caught 260 2%
10404
10405 2602
10406 01:56:52,500 ~-~-> 01:56:54,660
10407 there. Okay, so I get a lot of questions
10408
10409 2603
10410 01:56:54,660 ~-~-> 01:56:57,360
10411 on why I move my fib to certain swings
10412
10413 2604
10414 01:56:57,360 ~-~-> 01:56:59,160
10415 and such. And now you're understanding
10416
10417 2605
10418 01:56:59,190 ~-~-> 01:57:00,630
10419 really the mechanics Find it all.
10420
10421 2606
10422 01:57:01,170 ~-~-> 01:57:04,890
10423 So let's look at the optimal trade entry
10424
10425 2607
10426 01:57:04,890 ~-~-> 01:57:07,980
10427 a little bit closer and understand some,
10428
10429 2608
10430 01:57:08,250 ~-~-> 01:57:11,100
10431 some central tenants to it and what's
10432
10433 2609
10434 01:57:11,190 ~-~-> 01:57:13,470
10435 specifically that pattern really
10436
10437 2610
10438 01:57:13,470 ~-~-> 01:57:17,820
10439 capitalizes on when we have a market
10440
10441 2611
10442 01:57:18,150 ~-~-> 01:57:21,330
10443 take out a swing high like this, okay?
10444
10445 2612
10446 01:57:22,080 ~-~-> 01:57:25,380
10447 We have institutional sponsorship that
10448
10449 2613
10450 01:57:25,380 ~-~-> 01:57:27,780
10451 takes the market above Okay, and when it
10452
10453 2614
10454 01:57:27,780 ~-~-> 01:57:30,330
10455 returns back into an area of previous
10456
10457 2615
10458 01:57:30,330 ~-~-> 01:57:33,480
10459 consolidation, we expect that to
10460
10461 2616
10462 01:57:34,890 ~-~-> 01:57:37,800
10463 reposition or assume more Long's. Okay.
10464
10465 2617
10466 01:57:38,220 ~-~-> 01:57:39,870
10467 So I was preparing orders in here.
10468
10469 2618
10470 01:57:40,050 ~-~-> 01:57:41,670
10471 They're allowing the market participants
10472
10473 2619
10474 01:57:41,730 ~-~-> 01:57:44,790
10475 okay to see this quick drop down. Okay.
10476
10477 2620
10478 01:57:44,790 ~-~-> 01:57:46,530
10479 And that's one of the things I find kind
10480
10481 2621
10482 01:57:46,530 ~-~-> 01:57:49,470
10483 of interesting when when the markets are
10484
10485 2622
10486 01:57:49,740 ~-~-> 01:57:52,440
10487 predisposed to go higher. They had these
10488
10489 2623
10490 01:57:52,440 ~-~-> 01:57:55,470
10491 really one or two quick down dynamic
10492
10493 2624
10494 01:57:55,470 ~-~-> 01:57:57,870
10495 days, okay, it kind of gets you all
10496
10497 2625
10498 01:57:58,320 ~-~-> 01:57:59,820
10499 flustered and thinking, you know, hey,
10500
10501 2626
10502 01:57:59,820 ~-~-> 01:58:01,140
10503 look This mark is probably going to go
10504
10505 2627
10506 01:58:01,140 ~-~-> 01:58:03,900
10507 lower. And if you're really sensitive to
10508
10509 2628
10510 01:58:03,900 ~-~-> 01:58:06,030
10511 the lower timeframes, like you know, one
10512
10513 2629
10514 01:58:06,030 ~-~-> 01:58:09,000
10515 515 minutes, or even less than hourly in
10516
10517 2630
10518 01:58:09,000 ~-~-> 01:58:11,970
10519 any capacity, it's very easy to swing
10520
10521 2631
10522 01:58:12,000 ~-~-> 01:58:16,110
10523 your daily bias based on that. And if
10524
10525 2632
10526 01:58:16,110 ~-~-> 01:58:17,640
10527 you learn to start looking at these
10528
10529 2633
10530 01:58:17,640 ~-~-> 01:58:20,550
10531 daily and four hour charts, it helps you
10532
10533 2634
10534 01:58:20,550 ~-~-> 01:58:25,320
10535 hold on to a longer term perspective and
10536
10537 2635
10538 01:58:25,320 ~-~-> 01:58:27,330
10539 you are less likely to be lulled into
10540
10541 2636
10542 01:58:27,570 ~-~-> 01:58:29,520
10543 swinging back and forth on a daily basis
10544
10545 2637
10546 01:58:29,550 ~-~-> 01:58:31,230
10547 you know, your daily basis being bullish
10548
10549 2638
10550 01:58:31,230 ~-~-> 01:58:33,930
10551 one day embarrassed the next you can see
10552
10553 2639
10554 01:58:33,930 ~-~-> 01:58:36,570
10555 really when when these moves really take
10556
10557 2640
10558 01:58:36,570 ~-~-> 01:58:38,640
10559 off, there are several days that they
10560
10561 2641
10562 01:58:38,640 ~-~-> 01:58:40,590
10563 move, okay, then you have a retrace and
10564
10565 2642
10566 01:58:40,590 ~-~-> 01:58:42,840
10567 there are several days where it moves,
10568
10569 2643
10570 01:58:43,020 ~-~-> 01:58:44,820
10571 then you retrace, then there's really
10572
10573 2644
10574 01:58:44,820 ~-~-> 01:58:48,630
10575 dynamic several days on the upside once
10576
10577 2645
10578 01:58:48,630 ~-~-> 01:58:50,850
10579 it really starts to move out. When you
10580
10581 2646
10582 01:58:50,850 ~-~-> 01:58:54,120
10583 find that it's fulfilled its order
10584
10585 2647
10586 01:58:54,120 ~-~-> 01:58:56,790
10587 block, okay. You'll see that there's
10588
10589 2648
10590 01:58:56,790 ~-~-> 01:58:59,370
10591 many times very little time for you to
10592
10593 2649
10594 01:58:59,370 ~-~-> 01:59:01,530
10595 catch up. entry point. So you got to
10596
10597 2650
10598 01:59:01,530 ~-~-> 01:59:03,150
10599 know these things in advance. And that's
10600
10601 2651
10602 01:59:03,150 ~-~-> 01:59:04,800
10603 why reacting to a price is not really
10604
10605 2652
10606 01:59:04,800 ~-~-> 01:59:08,160
10607 the best case scenario. But as price
10608
10609 2653
10610 01:59:08,160 ~-~-> 01:59:11,010
10611 moves down into this range here, okay?
10612
10613 2654
10614 01:59:11,280 ~-~-> 01:59:13,050
10615 You can actually see in this smaller
10616
10617 2655
10618 01:59:13,050 ~-~-> 01:59:15,060
10619 consolidation, okay, see this right
10620
10621 2656
10622 01:59:15,060 ~-~-> 01:59:17,520
10623 here. So don't worry, we're here. Let's
10624
10625 2657
10626 01:59:17,520 ~-~-> 01:59:20,970
10627 use this rectangle to highlight that.
10628
10629 2658
10630 01:59:23,220 ~-~-> 01:59:24,570
10631 And what we'll do is we'll actually go
10632
10633 2659
10634 01:59:24,570 ~-~-> 01:59:28,320
10635 down into a smaller timeframe for our
10636
10637 2660
10638 01:59:28,320 ~-~-> 01:59:32,640
10639 chart, and we'll study that little
10640
10641 2661
10642 01:59:32,640 ~-~-> 01:59:36,120
10643 consolidation as well. So we're going to
10644
10645 2662
10646 01:59:36,120 ~-~-> 01:59:38,280
10647 assume for a moment that you were not
10648
10649 2663
10650 01:59:38,280 ~-~-> 01:59:42,480
10651 privy to know in this order block or
10652
10653 2664
10654 01:59:42,480 ~-~-> 01:59:46,920
10655 institutional order area here, okay, and
10656
10657 2665
10658 01:59:46,950 ~-~-> 01:59:48,510
10659 as we moved into a consolidation in
10660
10661 2666
10662 01:59:48,510 ~-~-> 01:59:50,610
10663 here, okay, what we'll do is we're going
10664
10665 2667
10666 01:59:50,610 ~-~-> 01:59:55,260
10667 to drop down into it for our Okay, and
10668
10669 2668
10670 01:59:55,260 ~-~-> 01:59:58,950
10671 you're going to see that same underlying
10672
10673 2669
10674 01:59:59,100 ~-~-> 02:00:02,280
10675 pattern. We have a swing high in here,
10676
10677 2670
10678 02:00:03,060 ~-~-> 02:00:06,000
10679 which is broken. Okay. I'm going to
10680
10681 2671
10682 02:00:06,000 ~-~-> 02:00:07,290
10683 recap the pattern what you're looking
10684
10685 2672
10686 02:00:07,290 ~-~-> 02:00:10,890
10687 for this is how Institute's
10688
10689 2673
10690 02:00:10,920 ~-~-> 02:00:13,410
10691 institutional trading can be mimicked.
10692
10693 2674
10694 02:00:15,750 ~-~-> 02:00:18,450
10695 Okay, you have an area of potential
10696
10697 2675
10698 02:00:18,450 ~-~-> 02:00:20,070
10699 support which we've already identified
10700
10701 2676
10702 02:00:20,130 ~-~-> 02:00:23,700
10703 on a daily chart. Market ran up into
10704
10705 2677
10706 02:00:23,700 ~-~-> 02:00:25,620
10707 swing high came back retrace. Now you
10708
10709 2678
10710 02:00:25,620 ~-~-> 02:00:29,040
10711 can trade this with a pure understanding
10712
10713 2679
10714 02:00:29,040 ~-~-> 02:00:30,870
10715 that's a support level. And this could
10716
10717 2680
10718 02:00:30,870 ~-~-> 02:00:33,390
10719 be your retracement here. Okay. Now
10720
10721 2681
10722 02:00:33,390 ~-~-> 02:00:34,860
10723 again, that's a four hour basis, you
10724
10725 2682
10726 02:00:34,860 ~-~-> 02:00:36,690
10727 could you could do that. And the reason
10728
10729 2683
10730 02:00:36,690 ~-~-> 02:00:39,510
10731 why is because you're using the same
10732
10733 2684
10734 02:00:42,450 ~-~-> 02:00:44,790
10735 underlying premise prior to this move up
10736
10737 2685
10738 02:00:44,910 ~-~-> 02:00:48,780
10739 the first down candle prior to it, which
10740
10741 2686
10742 02:00:48,780 ~-~-> 02:00:52,110
10743 is here, if price returns back to that
10744
10745 2687
10746 02:00:52,110 ~-~-> 02:00:57,360
10747 range, as it does here. Okay, and I'll
10748
10749 2688
10750 02:00:57,360 ~-~-> 02:01:00,450
10751 drop a fib on as you can see mechanics
10752
10753 2689
10754 02:01:00,450 ~-~-> 02:01:06,240
10755 behind it. Okay, you can see the 79 cent
10756
10757 2690
10758 02:01:06,240 ~-~-> 02:01:07,710
10759 chasing level stops it dead to rights
10760
10761 2691
10762 02:01:07,710 ~-~-> 02:01:09,960
10763 boom, right there. Okay, and then price
10764
10765 2692
10766 02:01:09,960 ~-~-> 02:01:13,020
10767 rallies up. In here when we have this
10768
10769 2693
10770 02:01:13,020 ~-~-> 02:01:15,300
10771 break here on a four hour This is much
10772
10773 2694
10774 02:01:15,300 ~-~-> 02:01:17,550
10775 more dynamic when you see this take
10776
10777 2695
10778 02:01:17,550 ~-~-> 02:01:20,550
10779 place. Okay, put this in your notepad.
10780
10781 2696
10782 02:01:21,030 ~-~-> 02:01:23,070
10783 If you see the overall pattern on a four
10784
10785 2697
10786 02:01:23,070 ~-~-> 02:01:25,380
10787 hour chart break like this and your
10788
10789 2698
10790 02:01:25,380 ~-~-> 02:01:27,690
10791 overall bullish still on the higher
10792
10793 2699
10794 02:01:27,690 ~-~-> 02:01:30,630
10795 timeframe daily man get ready because
10796
10797 2700
10798 02:01:30,630 ~-~-> 02:01:33,060
10799 it's going to have a dynamic price surge
10800
10801 2701
10802 02:01:33,060 ~-~-> 02:01:36,630
10803 higher. Once we have a return back to
10804
10805 2702
10806 02:01:36,810 ~-~-> 02:01:38,340
10807 the point of origin the port of origin
10808
10809 2703
10810 02:01:38,340 ~-~-> 02:01:39,990
10811 is what we discussed right here. And
10812
10813 2704
10814 02:01:39,990 ~-~-> 02:01:42,360
10815 then when price moved up here again, the
10816
10817 2705
10818 02:01:42,360 ~-~-> 02:01:46,470
10819 first candle it's down prior to the
10820
10821 2706
10822 02:01:46,470 ~-~-> 02:01:54,360
10823 rally up. Once price, rallies up, away
10824
10825 2707
10826 02:01:54,360 ~-~-> 02:01:56,310
10827 and breaks the swing high like we just
10828
10829 2708
10830 02:01:56,310 ~-~-> 02:01:58,800
10831 discussed right here.
10832
10833 2709
10834 02:02:00,450 ~-~-> 02:02:03,180
10835 We had this rally up, we wait. And when
10836
10837 2710
10838 02:02:03,180 ~-~-> 02:02:04,650
10839 price returns back to this point of
10840
10841 2711
10842 02:02:04,650 ~-~-> 02:02:07,170
10843 origin right in here, okay? This is
10844
10845 2712
10846 02:02:07,170 ~-~-> 02:02:08,910
10847 where they dip back into that order
10848
10849 2713
10850 02:02:08,910 ~-~-> 02:02:11,490
10851 block. Okay? So they had their orders
10852
10853 2714
10854 02:02:11,490 ~-~-> 02:02:13,350
10855 here that came back, they want to get an
10856
10857 2715
10858 02:02:13,350 ~-~-> 02:02:16,260
10859 average fill around here that 130 20,
10860
10861 2716
10862 02:02:16,260 ~-~-> 02:02:18,750
10863 maybe 130 30 level, if you look over
10864
10865 2717
10866 02:02:18,750 ~-~-> 02:02:20,850
10867 here, you can see that's the case, price
10868
10869 2718
10870 02:02:20,850 ~-~-> 02:02:22,680
10871 comes down, dips back into that order
10872
10873 2719
10874 02:02:22,680 ~-~-> 02:02:26,130
10875 block again, okay, they spend about a
10876
10877 2720
10878 02:02:26,130 ~-~-> 02:02:29,520
10879 day or so in there, acquiring more long
10880
10881 2721
10882 02:02:29,520 ~-~-> 02:02:31,860
10883 positions. Okay, now what we'll do is
10884
10885 2722
10886 02:02:31,860 ~-~-> 02:02:34,740
10887 we're going to use this swing low here,
10888
10889 2723
10890 02:02:34,830 ~-~-> 02:02:37,590
10891 up to the high here, okay, using that
10892
10893 2724
10894 02:02:37,590 ~-~-> 02:02:39,990
10895 same range. And you can see the 7970
10896
10897 2725
10898 02:02:39,990 ~-~-> 02:02:43,170
10899 cent level right in here is containing
10900
10901 2726
10902 02:02:43,170 ~-~-> 02:02:44,550
10903 the body to the candle and there's only
10904
10905 2727
10906 02:02:44,550 ~-~-> 02:02:46,590
10907 been two little wicks. Okay, we're
10908
10909 2728
10910 02:02:46,590 ~-~-> 02:02:49,710
10911 talking about maybe three pips that it
10912
10913 2729
10914 02:02:49,710 ~-~-> 02:02:52,560
10915 violated the size and tracing level. So
10916
10917 2730
10918 02:02:53,550 ~-~-> 02:02:55,230
10919 if you were using just a 10 PIP stop
10920
10921 2731
10922 02:02:55,230 ~-~-> 02:02:58,110
10923 below this low here and I don't want to
10924
10925 2732
10926 02:02:58,110 ~-~-> 02:03:01,590
10927 get into Last plate placement yet but I
10928
10929 2733
10930 02:03:01,590 ~-~-> 02:03:03,750
10931 just want to give you a little hint as
10932
10933 2734
10934 02:03:03,750 ~-~-> 02:03:05,280
10935 to what's going on if you were you're
10936
10937 2735
10938 02:03:05,280 ~-~-> 02:03:07,140
10939 buying in here 279 cent tracing level
10940
10941 2736
10942 02:03:07,170 ~-~-> 02:03:08,730
10943 and let's be fair and say you're buying
10944
10945 2737
10946 02:03:08,730 ~-~-> 02:03:13,860
10947 at 270 and 70.5 at the low here's 37
10948
10949 2738
10950 02:03:13,860 ~-~-> 02:03:18,090
10951 pips and your stop to be 10 pips below
10952
10953 2739
10954 02:03:18,090 ~-~-> 02:03:21,930
10955 that would be at 130 oh four, okay, and
10956
10957 2740
10958 02:03:21,930 ~-~-> 02:03:23,940
10959 that means you'd be risking. If you're
10960
10961 2741
10962 02:03:23,940 ~-~-> 02:03:25,620
10963 trading just on the four hour basis,
10964
10965 2742
10966 02:03:26,040 ~-~-> 02:03:28,170
10967 you'd have to have a stop of 47 pips.
10968
10969 2743
10970 02:03:28,410 ~-~-> 02:03:29,970
10971 And that's still very close to what my
10972
10973 2744
10974 02:03:29,970 ~-~-> 02:03:33,510
10975 average standard 30 PIP stop loss is. So
10976
10977 2745
10978 02:03:33,510 ~-~-> 02:03:35,280
10979 you can see how by understanding this
10980
10981 2746
10982 02:03:35,280 ~-~-> 02:03:37,110
10983 we've already trimmed down a huge amount
10984
10985 2747
10986 02:03:37,110 ~-~-> 02:03:39,690
10987 of the risk on a four hour timeframe.
10988
10989 2748
10990 02:03:39,780 ~-~-> 02:03:41,970
10991 Not to mention what we could do we drop
10992
10993 2749
10994 02:03:41,970 ~-~-> 02:03:44,100
10995 down to an hourly basis and or 15 minute
10996
10997 2750
10998 02:03:44,100 ~-~-> 02:03:46,920
10999 basis, which we'll do in a few moments
11000
11001 2751
11002 02:03:46,920 ~-~-> 02:03:48,600
11003 but just stuff for the moment. Let's
11004
11005 2752
11006 02:03:48,600 ~-~-> 02:03:50,580
11007 just look at this again in greater
11008
11009 2753
11010 02:03:50,580 ~-~-> 02:03:54,600
11011 detail. price moves down into this order
11012
11013 2754
11014 02:03:54,600 ~-~-> 02:03:57,180
11015 block price, based on this candle here.
11016
11017 2755
11018 02:03:57,540 ~-~-> 02:04:00,000
11019 You can see it does not really matter.
11020
11021 2756
11022 02:04:00,300 ~-~-> 02:04:01,740
11023 Jad down here and stabbed very
11024
11025 2757
11026 02:04:01,740 ~-~-> 02:04:03,960
11027 aggressively to hold the sunlight
11028
11029 2758
11030 02:04:03,960 ~-~-> 02:04:05,250
11031 saturation level as we just noted
11032
11033 2759
11034 02:04:05,250 ~-~-> 02:04:08,220
11035 earlier. So once price does this and it
11036
11037 2760
11038 02:04:08,550 ~-~-> 02:04:10,320
11039 accumulates whatever it is that
11040
11041 2761
11042 02:04:11,010 ~-~-> 02:04:12,720
11043 institutionally traders are trying to
11044
11045 2762
11046 02:04:12,720 ~-~-> 02:04:15,090
11047 acquire, I don't have the insight as to
11048
11049 2763
11050 02:04:15,090 ~-~-> 02:04:17,340
11051 what it is specifically they're trying
11052
11053 2764
11054 02:04:17,340 ~-~-> 02:04:19,140
11055 to acquire how much of the position
11056
11057 2765
11058 02:04:19,140 ~-~-> 02:04:20,820
11059 they're assuming I just understand the
11060
11061 2766
11062 02:04:20,820 ~-~-> 02:04:22,260
11063 footprint that they leave in the
11064
11065 2767
11066 02:04:22,260 ~-~-> 02:04:24,150
11067 marketplace that when that takes place,
11068
11069 2768
11070 02:04:24,480 ~-~-> 02:04:27,240
11071 okay, we know that it's most likely
11072
11073 2769
11074 02:04:27,240 ~-~-> 02:04:28,800
11075 going to have an aggressive move up,
11076
11077 2770
11078 02:04:28,950 ~-~-> 02:04:30,990
11079 okay, because we had the first run up
11080
11081 2771
11082 02:04:30,990 ~-~-> 02:04:32,430
11083 here and then a four hour market
11084
11085 2772
11086 02:04:32,430 ~-~-> 02:04:34,620
11087 structure break here. And then you wait
11088
11089 2773
11090 02:04:34,620 ~-~-> 02:04:35,730
11091 for it to come back. Where's it gonna
11092
11093 2774
11094 02:04:35,760 ~-~-> 02:04:38,460
11095 come back to? This is your point of
11096
11097 2775
11098 02:04:38,460 ~-~-> 02:04:41,760
11099 origin right here. Okay. And it could
11100
11101 2776
11102 02:04:41,760 ~-~-> 02:04:43,410
11103 very well easily come back into this one
11104
11105 2777
11106 02:04:43,410 ~-~-> 02:04:44,910
11107 as well and create almost like a double
11108
11109 2778
11110 02:04:44,910 ~-~-> 02:04:47,760
11111 bottom. It rarely does that. And the
11112
11113 2779
11114 02:04:47,760 ~-~-> 02:04:49,770
11115 reason why is because once it goes down,
11116
11117 2780
11118 02:04:49,920 ~-~-> 02:04:52,290
11119 it doesn't want to usually come down
11120
11121 2781
11122 02:04:52,290 ~-~-> 02:04:53,790
11123 much lower than that because other
11124
11125 2782
11126 02:04:53,790 ~-~-> 02:04:56,220
11127 institutional traders may get on board
11128
11129 2783
11130 02:04:56,220 ~-~-> 02:04:58,230
11131 and drive much lower than that and throw
11132
11133 2784
11134 02:04:58,230 ~-~-> 02:05:02,430
11135 off their their targeted average entry
11136
11137 2785
11138 02:05:02,430 ~-~-> 02:05:04,920
11139 price. So as they move up here you can
11140
11141 2786
11142 02:05:04,920 ~-~-> 02:05:07,290
11143 see you literally can see it as a as a
11144
11145 2787
11146 02:05:07,290 ~-~-> 02:05:09,300
11147 buying opportunity here, they acquire
11148
11149 2788
11150 02:05:09,330 ~-~-> 02:05:11,220
11151 Okay, it starts to move too much. So to
11152
11153 2789
11154 02:05:11,220 ~-~-> 02:05:13,290
11155 settle down, relax, let price come back
11156
11157 2790
11158 02:05:13,290 ~-~-> 02:05:15,150
11159 down again, dips back into this little
11160
11161 2791
11162 02:05:15,150 ~-~-> 02:05:17,670
11163 area here. Okay, they buy more of it and
11164
11165 2792
11166 02:05:17,670 ~-~-> 02:05:19,530
11167 it rallies up. You can see there's much
11168
11169 2793
11170 02:05:19,530 ~-~-> 02:05:21,990
11171 more aggressive buying pressure on this
11172
11173 2794
11174 02:05:21,990 ~-~-> 02:05:24,120
11175 candle here because it took three four
11176
11177 2795
11178 02:05:24,210 ~-~-> 02:05:26,610
11179 hour candles to make this range here and
11180
11181 2796
11182 02:05:26,610 ~-~-> 02:05:28,950
11183 then one four hour basis boom they took
11184
11185 2797
11186 02:05:28,950 ~-~-> 02:05:31,710
11187 off here, then come back, retrace,
11188
11189 2798
11190 02:05:31,710 ~-~-> 02:05:33,150
11191 retrace, retrace, where's it retracing
11192
11193 2799
11194 02:05:33,150 ~-~-> 02:05:35,550
11195 to the point of origin right here. And
11196
11197 2800
11198 02:05:35,550 ~-~-> 02:05:36,900
11199 then all of a sudden their remaining
11200
11201 2801
11202 02:05:38,280 ~-~-> 02:05:40,260
11203 block of trades that they want to assume
11204
11205 2802
11206 02:05:40,770 ~-~-> 02:05:42,660
11207 for a long position was acquired here
11208
11209 2803
11210 02:05:42,660 ~-~-> 02:05:45,660
11211 and then they're off to the races. Now
11212
11213 2804
11214 02:05:45,690 ~-~-> 02:05:48,270
11215 just trading back to an old high like
11216
11217 2805
11218 02:05:48,270 ~-~-> 02:05:51,120
11219 this. Let's note that and you can see.
11220
11221 2806
11222 02:05:52,470 ~-~-> 02:05:57,480
11223 Okay, looking for upward targets as I
11224
11225 2807
11226 02:05:57,510 ~-~-> 02:05:59,970
11227 like that. We're going to use this one
11228
11229 2808
11230 02:06:00,000 ~-~-> 02:06:02,760
11231 As a as an objective as an example
11232
11233 2809
11234 02:06:02,760 ~-~-> 02:06:07,350
11235 there's 270 pips late your feet and this
11236
11237 2810
11238 02:06:07,350 ~-~-> 02:06:10,320
11239 one here again we're going to assume you
11240
11241 2811
11242 02:06:10,320 ~-~-> 02:06:14,730
11243 traded at around the around the sweet
11244
11245 2812
11246 02:06:14,730 ~-~-> 02:06:17,220
11247 spot again there's 240 pips. So you're
11248
11249 2813
11250 02:06:17,220 ~-~-> 02:06:20,400
11251 really would you be willing to risk
11252
11253 2814
11254 02:06:20,460 ~-~-> 02:06:22,800
11255 roughly 50 pips just trading on a four
11256
11257 2815
11258 02:06:22,800 ~-~-> 02:06:26,040
11259 hour basis, risk 50 pips to make 240
11260
11261 2816
11262 02:06:26,040 ~-~-> 02:06:28,350
11263 pips just sounds like a good reward the
11264
11265 2817
11266 02:06:28,350 ~-~-> 02:06:32,220
11267 risk. I'll leave that up for you to
11268
11269 2818
11270 02:06:32,220 ~-~-> 02:06:34,830
11271 decide. As price moved up, you can see
11272
11273 2819
11274 02:06:34,830 ~-~-> 02:06:37,410
11275 it easily, quite easily hit this
11276
11277 2820
11278 02:06:37,410 ~-~-> 02:06:39,060
11279 objective and moved on beyond that as
11280
11281 2821
11282 02:06:39,060 ~-~-> 02:06:44,100
11283 well. So with this example here, you can
11284
11285 2822
11286 02:06:44,100 ~-~-> 02:06:48,330
11287 see how just simply waiting for these
11288
11289 2823
11290 02:06:48,330 ~-~-> 02:06:51,570
11291 scenarios to set up. You can trade
11292
11293 2824
11294 02:06:51,570 ~-~-> 02:06:54,480
11295 really a good number of pairs if you're
11296
11297 2825
11298 02:06:54,480 ~-~-> 02:06:56,010
11299 trading on a higher timeframe basis like
11300
11301 2826
11302 02:06:56,010 ~-~-> 02:06:57,450
11303 us because, number one, think about how
11304
11305 2827
11306 02:06:57,450 ~-~-> 02:06:59,370
11307 much time it takes to set these trades.
11308
11309 2828
11310 02:07:00,000 ~-~-> 02:07:00,870
11311 Takes a good bit of time.
11312
11313 2829
11314 02:07:01,590 ~-~-> 02:07:04,920
11315 Also, it gives you a an area where to
11316
11317 2830
11318 02:07:04,920 ~-~-> 02:07:07,500
11319 anticipate and hunt these specific
11320
11321 2831
11322 02:07:07,500 ~-~-> 02:07:10,650
11323 patterns. Okay, so it allows you to the
11324
11325 2832
11326 02:07:10,650 ~-~-> 02:07:12,690
11327 freedom to sit on your hands and wait
11328
11329 2833
11330 02:07:12,690 ~-~-> 02:07:14,430
11331 and not feel rushed to get in here and
11332
11333 2834
11334 02:07:14,430 ~-~-> 02:07:16,290
11335 just take a trade simply because it's
11336
11337 2835
11338 02:07:16,290 ~-~-> 02:07:18,990
11339 something to do. Now what we're going to
11340
11341 2836
11342 02:07:18,990 ~-~-> 02:07:21,300
11343 do is we're going to actually drill in
11344
11345 2837
11346 02:07:21,300 ~-~-> 02:07:25,500
11347 tighter. Okay? And what I'm doing is I'm
11348
11349 2838
11350 02:07:25,530 ~-~-> 02:07:30,390
11351 actually moving into this little pocket
11352
11353 2839
11354 02:07:30,390 ~-~-> 02:07:32,670
11355 of price action. Okay, so this fractal
11356
11357 2840
11358 02:07:32,670 ~-~-> 02:07:35,790
11359 here, we're going to look at in regards
11360
11361 2841
11362 02:07:35,940 ~-~-> 02:07:38,700
11363 to a 15 minute x go down to one hour
11364
11365 2842
11366 02:07:38,700 ~-~-> 02:07:40,170
11367 basis and see what that does first.
11368
11369 2843
11370 02:07:43,710 ~-~-> 02:07:49,170
11371 Okay, now you can see price rallies up
11372
11373 2844
11374 02:07:49,170 ~-~-> 02:07:53,280
11375 out of here. And right in here, you can
11376
11377 2845
11378 02:07:53,280 ~-~-> 02:07:54,540
11379 actually see how we're actually starting
11380
11381 2846
11382 02:07:54,540 ~-~-> 02:08:01,020
11383 to fine tune here's the bears. candle,
11384
11385 2847
11386 02:08:01,290 ~-~-> 02:08:03,060
11387 the first one right before you go to
11388
11389 2848
11390 02:08:03,450 ~-~-> 02:08:06,540
11391 move up. So if you bracket that out
11392
11393 2849
11394 02:08:08,850 ~-~-> 02:08:10,530
11395 okay, you can see that's the the order
11396
11397 2850
11398 02:08:10,530 ~-~-> 02:08:13,170
11399 block in here. Now again, it's anywhere
11400
11401 2851
11402 02:08:13,170 ~-~-> 02:08:16,710
11403 in here specifically, okay? But what I
11404
11405 2852
11406 02:08:16,710 ~-~-> 02:08:20,910
11407 like to see is like a Fibonacci level
11408
11409 2853
11410 02:08:20,940 ~-~-> 02:08:24,600
11411 and or pivot level in this area to
11412
11413 2854
11414 02:08:24,600 ~-~-> 02:08:27,030
11415 suggest where price may be going also
11416
11417 2855
11418 02:08:27,030 ~-~-> 02:08:29,460
11419 like round numbers, and in this case,
11420
11421 2856
11422 02:08:29,460 ~-~-> 02:08:33,000
11423 the 130 40 level is really ideal. And
11424
11425 2857
11426 02:08:33,060 ~-~-> 02:08:35,520
11427 you can see that's also roughly the same
11428
11429 2858
11430 02:08:35,550 ~-~-> 02:08:38,280
11431 price point this swing high is now also
11432
11433 2859
11434 02:08:38,280 ~-~-> 02:08:39,750
11435 around or what we talked about when we
11436
11437 2860
11438 02:08:39,750 ~-~-> 02:08:41,640
11439 look at swing highs, we'd like to look
11440
11441 2861
11442 02:08:41,640 ~-~-> 02:08:43,620
11443 at the three bar pattern. Okay, here's
11444
11445 2862
11446 02:08:43,650 ~-~-> 02:08:48,000
11447 the here's the highest candle in this
11448
11449 2863
11450 02:08:48,000 ~-~-> 02:08:50,790
11451 pattern, the right candle to the right
11452
11453 2864
11454 02:08:50,790 ~-~-> 02:08:53,550
11455 of it with a lower high. It's open and
11456
11457 2865
11458 02:08:53,550 ~-~-> 02:08:56,160
11459 closed and higher lows important. The
11460
11461 2866
11462 02:08:56,160 ~-~-> 02:08:58,530
11463 open high, low and close on the high
11464
11465 2867
11466 02:08:58,530 ~-~-> 02:09:00,630
11467 candle are the highest most That three
11468
11469 2868
11470 02:09:00,900 ~-~-> 02:09:02,520
11471 bar pattern on the swing high pattern.
11472
11473 2869
11474 02:09:02,940 ~-~-> 02:09:04,740
11475 And then this high here, the open high,
11476
11477 2870
11478 02:09:04,740 ~-~-> 02:09:07,230
11479 low and close as well. So when we, when
11480
11481 2871
11482 02:09:07,230 ~-~-> 02:09:09,420
11483 we factor those individual price levels,
11484
11485 2872
11486 02:09:09,660 ~-~-> 02:09:11,010
11487 you can actually take that out and
11488
11489 2873
11490 02:09:11,010 ~-~-> 02:09:12,630
11491 extend that across in terms of like the
11492
11493 2874
11494 02:09:12,630 ~-~-> 02:09:15,420
11495 horizontal lines and really specifically
11496
11497 2875
11498 02:09:15,420 ~-~-> 02:09:16,740
11499 wait for price to move down to those
11500
11501 2876
11502 02:09:16,740 ~-~-> 02:09:19,170
11503 levels on a one, I'm sorry, I want to
11504
11505 2877
11506 02:09:19,170 ~-~-> 02:09:21,330
11507 five minute or 15 minute basis and
11508
11509 2878
11510 02:09:21,330 ~-~-> 02:09:23,160
11511 really fine tune your entry in regards
11512
11513 2879
11514 02:09:23,160 ~-~-> 02:09:26,940
11515 to what may be possible for trimming
11516
11517 2880
11518 02:09:26,940 ~-~-> 02:09:31,020
11519 down to stop loss orders. So now what
11520
11521 2881
11522 02:09:31,020 ~-~-> 02:09:32,010
11523 we're going to do is is going to take
11524
11525 2882
11526 02:09:32,010 ~-~-> 02:09:34,680
11527 the same price level here, okay, and I'm
11528
11529 2883
11530 02:09:34,680 ~-~-> 02:09:36,000
11531 going to look at
11532
11533 2884
11534 02:09:41,520 ~-~-> 02:09:46,830
11535 this small little section and price are
11536
11537 2885
11538 02:09:46,830 ~-~-> 02:09:52,860
11539 here. And I make sure I'm not getting
11540
11541 2886
11542 02:09:52,860 ~-~-> 02:09:59,940
11543 more than I want okay, right in here's
11544
11545 2887
11546 02:10:00,390 ~-~-> 02:10:01,410
11547 What I'm looking for
11548
11549 2888
11550 02:10:05,370 ~-~-> 02:10:06,150
11551 right there.
11552
11553 2889
11554 02:10:14,070 ~-~-> 02:10:16,950
11555 And again, that's January 9, and we're
11556
11557 2890
11558 02:10:16,950 ~-~-> 02:10:18,240
11559 going to drop down to a 15 minute
11560
11561 2891
11562 02:10:18,240 ~-~-> 02:10:23,760
11563 timeframe. Okay, and now watch. We have
11564
11565 2892
11566 02:10:24,630 ~-~-> 02:10:27,840
11567 price action, okay in here moving up on
11568
11569 2893
11570 02:10:27,840 ~-~-> 02:10:30,420
11571 a very short term basis, okay and comes
11572
11573 2894
11574 02:10:30,420 ~-~-> 02:10:37,140
11575 back down. See this candle here? That's
11576
11577 2895
11578 02:10:37,140 ~-~-> 02:10:39,060
11579 your point of origin, where the rally
11580
11581 2896
11582 02:10:39,060 ~-~-> 02:10:43,530
11583 ensues. Right in here. move that out in
11584
11585 2897
11586 02:10:43,530 ~-~-> 02:10:47,910
11587 time. Right in here. Price comes back
11588
11589 2898
11590 02:10:47,910 ~-~-> 02:10:51,510
11591 down into it, and then runs up. Okay?
11592
11593 2899
11594 02:10:52,770 ~-~-> 02:10:58,830
11595 Same thing here. Okay, we have this
11596
11597 2900
11598 02:10:58,830 ~-~-> 02:11:02,700
11599 rally here. Here's the candle prior to
11600
11601 2901
11602 02:11:02,700 ~-~-> 02:11:06,120
11603 the rally up, it's bearish. And if you
11604
11605 2902
11606 02:11:06,120 ~-~-> 02:11:14,880
11607 take that area here you can see it
11608
11609 2903
11610 02:11:14,880 ~-~-> 02:11:18,900
11611 enters that water block again, right
11612
11613 2904
11614 02:11:18,900 ~-~-> 02:11:21,510
11615 here. And again, if you run your fibs on
11616
11617 2905
11618 02:11:21,510 ~-~-> 02:11:23,400
11619 that, okay, you can get opportunities
11620
11621 2906
11622 02:11:23,400 ~-~-> 02:11:26,280
11623 where you can take intraday trades and
11624
11625 2907
11626 02:11:26,310 ~-~-> 02:11:28,230
11627 get in sync with the higher time frame
11628
11629 2908
11630 02:11:28,230 ~-~-> 02:11:32,130
11631 trades as well. But assuming that you
11632
11633 2909
11634 02:11:32,130 ~-~-> 02:11:33,930
11635 took that as your entry point based on
11636
11637 2910
11638 02:11:33,930 ~-~-> 02:11:36,000
11639 the higher time frame trade, okay, you
11640
11641 2911
11642 02:11:36,000 ~-~-> 02:11:39,690
11643 could trade this here. Okay, we get in
11644
11645 2912
11646 02:11:39,690 ~-~-> 02:11:45,870
11647 at 130. Let's see what is prices 130 45.
11648
11649 2913
11650 02:11:46,290 ~-~-> 02:11:50,100
11651 Let's say 130 47 fair. And you're using
11652
11653 2914
11654 02:11:50,100 ~-~-> 02:11:54,900
11655 a 10 PIP stop below here. Mexico,
11656
11657 2915
11658 02:11:56,010 ~-~-> 02:11:57,750
11659 crunches up just a little bit. So you
11660
11661 2916
11662 02:11:57,750 ~-~-> 02:11:59,640
11663 can see where the stop loss would be.
11664
11665 2917
11666 02:12:00,000 ~-~-> 02:12:04,350
11667 You can trim back the risk. Again,
11668
11669 2918
11670 02:12:04,410 ~-~-> 02:12:06,240
11671 assuming you're getting long on a limit
11672
11673 2919
11674 02:12:06,300 ~-~-> 02:12:09,840
11675 at 130 47. And we're going to use this
11676
11677 2920
11678 02:12:09,840 ~-~-> 02:12:11,820
11679 low here as your primary reference point
11680
11681 2921
11682 02:12:11,820 ~-~-> 02:12:14,670
11683 for stock location. If you go down 10
11684
11685 2922
11686 02:12:14,670 ~-~-> 02:12:17,490
11687 pips below that, your order, your stop
11688
11689 2923
11690 02:12:17,490 ~-~-> 02:12:21,480
11691 loss order will be at 130 27. Okay, and
11692
11693 2924
11694 02:12:21,480 ~-~-> 02:12:23,160
11695 what we'll do is we're gonna put that in
11696
11697 2925
11698 02:12:23,160 ~-~-> 02:12:29,880
11699 here 130 27 and price comes down but
11700
11701 2926
11702 02:12:29,880 ~-~-> 02:12:32,790
11703 never comes close to it. Okay, I'm going
11704
11705 2927
11706 02:12:32,820 ~-~-> 02:12:34,920
11707 to scrunch it but you can see it so you
11708
11709 2928
11710 02:12:34,920 ~-~-> 02:12:38,250
11711 can get yourself positioned here. Okay,
11712
11713 2929
11714 02:12:38,250 ~-~-> 02:12:39,600
11715 and again, this is a 15 minute charts
11716
11717 2930
11718 02:12:39,600 ~-~-> 02:12:41,700
11719 here, waiting for these positions to
11720
11721 2931
11722 02:12:41,700 ~-~-> 02:12:44,640
11723 unwind. These remember we're looking at
11724
11725 2932
11726 02:12:44,640 ~-~-> 02:12:48,060
11727 a four hour and daily timeframe setup so
11728
11729 2933
11730 02:12:48,420 ~-~-> 02:12:50,580
11731 you're not trading it on a 15 minute
11732
11733 2934
11734 02:12:50,580 ~-~-> 02:12:51,780
11735 basis. So when you start seeing these
11736
11737 2935
11738 02:12:51,780 ~-~-> 02:12:54,000
11739 wiggles lower, where's your stop loss
11740
11741 2936
11742 02:12:54,030 ~-~-> 02:12:56,220
11743 down here? So you just simply let it do
11744
11745 2937
11746 02:12:56,220 ~-~-> 02:12:59,490
11747 its thing and price rallies on up and
11748
11749 2938
11750 02:13:00,450 ~-~-> 02:13:02,910
11751 You get excited and everything's, you
11752
11753 2939
11754 02:13:02,910 ~-~-> 02:13:06,540
11755 know, as you'd hoped it would be. Okay,
11756
11757 2940
11758 02:13:06,540 ~-~-> 02:13:09,330
11759 you can see the point of entry back
11760
11761 2941
11762 02:13:09,330 ~-~-> 02:13:12,210
11763 here, and then the ultimate unwinding of
11764
11765 2942
11766 02:13:12,210 ~-~-> 02:13:17,430
11767 that position here. Let's take a look at
11768
11769 2943
11770 02:13:17,430 ~-~-> 02:13:20,880
11771 another example. And we see this price
11772
11773 2944
11774 02:13:20,880 ~-~-> 02:13:24,690
11775 rally up off of a daily chart, key
11776
11777 2945
11778 02:13:24,690 ~-~-> 02:13:29,520
11779 support level around here. And want to
11780
11781 2946
11782 02:13:29,520 ~-~-> 02:13:31,080
11783 draw your attention to in here is
11784
11785 2947
11786 02:13:31,410 ~-~-> 02:13:33,630
11787 obviously this quick rally up and then a
11788
11789 2948
11790 02:13:33,630 ~-~-> 02:13:38,070
11791 bull flag formation here. We have this
11792
11793 2949
11794 02:13:38,070 ~-~-> 02:13:43,530
11795 level in here if you were following any
11796
11797 2950
11798 02:13:43,530 ~-~-> 02:13:45,600
11799 of my market reviews, we talked about
11800
11801 2951
11802 02:13:45,600 ~-~-> 02:13:49,530
11803 this level being a possible area of
11804
11805 2952
11806 02:13:49,980 ~-~-> 02:13:54,450
11807 support. And prior to the move out,
11808
11809 2953
11810 02:13:54,630 ~-~-> 02:13:57,870
11811 okay, we had a couple different areas
11812
11813 2954
11814 02:13:57,870 ~-~-> 02:14:02,220
11815 that could have meant To probable areas
11816
11817 2955
11818 02:14:02,220 ~-~-> 02:14:05,190
11819 of support and institutional dealing
11820
11821 2956
11822 02:14:05,190 ~-~-> 02:14:10,980
11823 ranges where order blocks may reside for
11824
11825 2957
11826 02:14:10,980 ~-~-> 02:14:15,930
11827 the institutional level trading and that
11828
11829 2958
11830 02:14:15,930 ~-~-> 02:14:19,350
11831 comes in the form here we have this
11832
11833 2959
11834 02:14:19,350 ~-~-> 02:14:21,210
11835 candle here prior to to move up
11836
11837 2960
11838 02:14:30,210 ~-~-> 02:14:32,700
11839 okay is no worse this move higher and
11840
11841 2961
11842 02:14:32,700 ~-~-> 02:14:43,830
11843 this candle here okay and you can see
11844
11845 2962
11846 02:14:43,830 ~-~-> 02:14:47,160
11847 that's the first bearish candle prior to
11848
11849 2963
11850 02:14:47,160 ~-~-> 02:14:49,530
11851 the move higher first bearish candle
11852
11853 2964
11854 02:14:49,590 ~-~-> 02:14:53,250
11855 prior to the move higher and we see also
11856
11857 2965
11858 02:14:54,240 ~-~-> 02:14:57,600
11859 you know just likely support and
11860
11861 2966
11862 02:14:57,600 ~-~-> 02:14:59,670
11863 resistance level based on this. It may
11864
11865 2967
11866 02:14:59,670 ~-~-> 02:15:02,010
11867 turn out On the daily chart, we did get
11868
11869 2968
11870 02:15:02,010 ~-~-> 02:15:04,140
11871 an opportunity to see a bounce here.
11872
11873 2969
11874 02:15:04,470 ~-~-> 02:15:07,140
11875 Okay, and that's seen with this move
11876
11877 2970
11878 02:15:07,140 ~-~-> 02:15:10,290
11879 here. This was the bearish candle prior
11880
11881 2971
11882 02:15:10,290 ~-~-> 02:15:14,250
11883 to its rally up. So if you take the
11884
11885 2972
11886 02:15:14,250 ~-~-> 02:15:19,560
11887 range in here, you can see how this
11888
11889 2973
11890 02:15:19,590 ~-~-> 02:15:21,090
11891 retracement would have been a very
11892
11893 2974
11894 02:15:21,090 ~-~-> 02:15:24,510
11895 decent, handsome opportunity to get
11896
11897 2975
11898 02:15:24,510 ~-~-> 02:15:28,530
11899 along on. Price came back down to that
11900
11901 2976
11902 02:15:28,530 ~-~-> 02:15:32,310
11903 same institutional order block in here
11904
11905 2977
11906 02:15:33,330 ~-~-> 02:15:35,250
11907 and rally up higher and eventually
11908
11909 2978
11910 02:15:35,250 ~-~-> 02:15:39,120
11911 started to break down. Okay, and let's
11912
11913 2979
11914 02:15:39,120 ~-~-> 02:15:40,470
11915 take a look at what's transpired here.
11916
11917 2980
11918 02:15:40,470 ~-~-> 02:15:43,020
11919 We lost this level here we try to start
11920
11921 2981
11922 02:15:43,020 ~-~-> 02:15:45,090
11923 trading lower. Okay and this would be
11924
11925 2982
11926 02:15:45,090 ~-~-> 02:15:48,630
11927 the next area to expect some support.
11928
11929 2983
11930 02:15:49,920 ~-~-> 02:15:51,690
11931 Okay, and you can see price trades right
11932
11933 2984
11934 02:15:51,690 ~-~-> 02:15:54,210
11935 down into that right there. Okay, and
11936
11937 2985
11938 02:15:54,210 ~-~-> 02:15:55,170
11939 then what I'm gonna do is I'm just going
11940
11941 2986
11942 02:15:55,170 ~-~-> 02:15:58,560
11943 to take a horizontal level, draw across
11944
11945 2987
11946 02:15:58,560 ~-~-> 02:16:01,590
11947 the chart like that. Okay, and when you
11948
11949 2988
11950 02:16:01,590 ~-~-> 02:16:04,200
11951 see this, this is the area where to
11952
11953 2989
11954 02:16:04,200 ~-~-> 02:16:09,060
11955 reasonably expect prices to bounce. If
11956
11957 2990
11958 02:16:09,060 ~-~-> 02:16:13,380
11959 you notice also the low here to this
11960
11961 2991
11962 02:16:13,380 ~-~-> 02:16:15,720
11963 high, this is your your price when you
11964
11965 2992
11966 02:16:15,720 ~-~-> 02:16:19,050
11967 see that. Okay, we're retracing inside
11968
11969 2993
11970 02:16:19,050 ~-~-> 02:16:21,960
11971 that price swing. So if you take the
11972
11973 2994
11974 02:16:21,960 ~-~-> 02:16:24,540
11975 range and highlight that with your
11976
11977 2995
11978 02:16:25,020 ~-~-> 02:16:27,150
11979 Fibonacci tool, you can see the sweet
11980
11981 2996
11982 02:16:27,150 ~-~-> 02:16:28,980
11983 spot lays directly right on top of that
11984
11985 2997
11986 02:16:29,340 ~-~-> 02:16:32,490
11987 same point of origin right in here.
11988
11989 2998
11990 02:16:35,100 ~-~-> 02:16:38,010
11991 Price does not move much lower than
11992
11993 2999
11994 02:16:38,010 ~-~-> 02:16:40,380
11995 that. Again, this is a daily chart and
11996
11997 3000
11998 02:16:40,380 ~-~-> 02:16:46,950
11999 price rallies on price rallies on so you
12000
12001 3001
12002 02:16:46,950 ~-~-> 02:16:49,200
12003 can see that there's a definite
12004
12005 3002
12006 02:16:49,200 ~-~-> 02:16:51,630
12007 advantage of knowing where the
12008
12009 3003
12010 02:16:51,630 ~-~-> 02:16:53,340
12011 institutional level trading is going to
12012
12013 3004
12014 02:16:53,340 ~-~-> 02:16:56,790
12015 come in to the marketplace. And I having
12016
12017 3005
12018 02:16:56,790 ~-~-> 02:16:58,110
12019 an understanding of where that's gonna
12020
12021 3006
12022 02:16:58,110 ~-~-> 02:17:00,300
12023 take place. You can also expect it On a
12024
12025 3007
12026 02:17:00,330 ~-~-> 02:17:03,150
12027 time basis with the kill zones, okay, so
12028
12029 3008
12030 02:17:03,150 ~-~-> 02:17:04,380
12031 we have an understanding of support
12032
12033 3009
12034 02:17:04,380 ~-~-> 02:17:06,600
12035 resistance, we have an understanding of
12036
12037 3010
12038 02:17:06,600 ~-~-> 02:17:09,480
12039 the time of day, we understand where the
12040
12041 3011
12042 02:17:09,480 ~-~-> 02:17:13,830
12043 big moves should ensue and where to more
12044
12045 3012
12046 02:17:13,830 ~-~-> 02:17:17,640
12047 or less wait for them to take place in
12048
12049 3013
12050 02:17:17,910 ~-~-> 02:17:20,850
12051 form based on a higher timeframe charts
12052
12053 3014
12054 02:17:21,990 ~-~-> 02:17:27,630
12055 if we if we look at the market on a
12056
12057 3015
12058 02:17:27,660 ~-~-> 02:17:32,880
12059 shorter timeframe Okay, and we're going
12060
12061 3016
12062 02:17:32,880 ~-~-> 02:17:39,300
12063 to apply our tools we learned for the
12064
12065 3017
12066 02:17:48,869 ~-~-> 02:17:53,459
12067 directional bias Okay, and
12068
12069 3018
12070 02:18:01,020 ~-~-> 02:18:06,900
12071 18 period Okay, and what we're going to
12072
12073 3019
12074 02:18:06,900 ~-~-> 02:18:08,310
12075 do is we're going to look at a time
12076
12077 3020
12078 02:18:08,310 ~-~-> 02:18:13,470
12079 frame when price was moving up in here,
12080
12081 3021
12082 02:18:14,220 ~-~-> 02:18:16,410
12083 okay, and I'm going to highlight that
12084
12085 3022
12086 02:18:16,410 ~-~-> 02:18:21,330
12087 with a rectangle in here. And what
12088
12089 3023
12090 02:18:21,330 ~-~-> 02:18:24,540
12091 that's going to help me do is show you
12092
12093 3024
12094 02:18:25,020 ~-~-> 02:18:29,850
12095 how to use this for trade entry and
12096
12097 3025
12098 02:18:29,880 ~-~-> 02:18:30,690
12099 we're going to do is we're going to
12100
12101 3026
12102 02:18:30,690 ~-~-> 02:18:32,910
12103 break down to a 15 minute timeframe to
12104
12105 3027
12106 02:18:32,910 ~-~-> 02:18:36,480
12107 do that. Okay, what I did was zoom down
12108
12109 3028
12110 02:18:36,480 ~-~-> 02:18:39,480
12111 into a 15 minute timeframe, and I added
12112
12113 3029
12114 02:18:39,480 ~-~-> 02:18:43,710
12115 the Asian range for each daily intraday
12116
12117 3030
12118 02:18:43,710 ~-~-> 02:18:46,980
12119 action. Now I'm going to draw your
12120
12121 3031
12122 02:18:46,980 ~-~-> 02:18:49,680
12123 attention to here is as market moves
12124
12125 3032
12126 02:18:49,710 ~-~-> 02:18:52,110
12127 into this is a Monday guys, it's very
12128
12129 3033
12130 02:18:52,110 ~-~-> 02:18:53,700
12131 hard to see here but just a double line,
12132
12133 3034
12134 02:18:54,000 ~-~-> 02:18:56,430
12135 delineating a Sunday. Okay, I'm just
12136
12137 3035
12138 02:18:56,430 ~-~-> 02:18:59,550
12139 gonna scroll through and here is a
12140
12141 3036
12142 02:19:00,000 ~-~-> 02:19:02,610
12143 Monday and going into Tuesday. Here's
12144
12145 3037
12146 02:19:02,610 ~-~-> 02:19:07,200
12147 Tuesday's trading here. Okay? Now,
12148
12149 3038
12150 02:19:07,770 ~-~-> 02:19:09,360
12151 looking at this, you can see how price
12152
12153 3039
12154 02:19:09,360 ~-~-> 02:19:13,740
12155 moved up here and created a range here.
12156
12157 3040
12158 02:19:14,760 ~-~-> 02:19:18,330
12159 See this down candle prior to the move
12160
12161 3041
12162 02:19:18,330 ~-~-> 02:19:22,740
12163 up. Okay, we had this rally up here. If
12164
12165 3042
12166 02:19:22,740 ~-~-> 02:19:25,860
12167 you take your fib and you pull it from a
12168
12169 3043
12170 02:19:26,100 ~-~-> 02:19:28,740
12171 swing low here, up to this range high
12172
12173 3044
12174 02:19:33,750 ~-~-> 02:19:35,640
12175 price comes down to the 62% retracement
12176
12177 3045
12178 02:19:35,640 ~-~-> 02:19:38,310
12179 level. And this is nine GMT. This is the
12180
12181 3046
12182 02:19:38,310 ~-~-> 02:19:40,980
12183 London open. Okay. So there's an
12184
12185 3047
12186 02:19:40,980 ~-~-> 02:19:43,470
12187 opportunity were being long again and
12188
12189 3048
12190 02:19:43,470 ~-~-> 02:19:45,120
12191 now with the background being blue like
12192
12193 3049
12194 02:19:45,120 ~-~-> 02:19:47,070
12195 desk again, what that's highlighting is
12196
12197 3050
12198 02:19:47,580 ~-~-> 02:19:50,670
12199 a time period when on a daily basis. We
12200
12201 3051
12202 02:19:50,670 ~-~-> 02:19:52,590
12203 have a nine period exponential moving
12204
12205 3052
12206 02:19:52,590 ~-~-> 02:19:54,450
12207 average above the 18 period. So we have
12208
12209 3053
12210 02:19:54,450 ~-~-> 02:19:57,540
12211 institutional momentum on the upward
12212
12213 3054
12214 02:19:57,930 ~-~-> 02:19:59,490
12215 side of the market always. We're looking
12216
12217 3055
12218 02:19:59,490 ~-~-> 02:20:01,170
12219 for just buy The framework is
12220
12221 3056
12222 02:20:01,170 ~-~-> 02:20:04,440
12223 established as a bullish scenario. So we
12224
12225 3057
12226 02:20:04,440 ~-~-> 02:20:05,700
12227 would be looking for opportunities to be
12228
12229 3058
12230 02:20:05,700 ~-~-> 02:20:08,010
12231 a buyer here. And that's one example
12232
12233 3059
12234 02:20:08,010 ~-~-> 02:20:09,780
12235 here using what we just discussed with
12236
12237 3060
12238 02:20:10,050 ~-~-> 02:20:12,330
12239 point of origin here. And when price
12240
12241 3061
12242 02:20:12,330 ~-~-> 02:20:14,100
12243 rallies up and trades back down into it.
12244
12245 3062
12246 02:20:18,300 ~-~-> 02:20:23,550
12247 We see price move up into its high for
12248
12249 3063
12250 02:20:23,550 ~-~-> 02:20:28,320
12251 the day and then we have another right
12252
12253 3064
12254 02:20:28,320 ~-~-> 02:20:37,140
12255 here. Okay, we have this range here and
12256
12257 3065
12258 02:20:37,140 ~-~-> 02:20:43,860
12259 trades down. We're going to use this is
12260
12261 3066
12262 02:20:43,860 ~-~-> 02:20:48,420
12263 the first down, bearish candle prior to
12264
12265 3067
12266 02:20:48,420 ~-~-> 02:20:50,610
12267 move higher. So we're going to use that
12268
12269 3068
12270 02:20:50,760 ~-~-> 02:20:59,790
12271 as its basis. Okay, great in here. And
12272
12273 3069
12274 02:20:59,790 ~-~-> 02:21:03,030
12275 we had This candle here prior to this
12276
12277 3070
12278 02:21:03,030 ~-~-> 02:21:06,360
12279 move up so we could use that one as
12280
12281 3071
12282 02:21:06,360 ~-~-> 02:21:10,710
12283 well. What you're looking for is clear
12284
12285 3072
12286 02:21:10,740 ~-~-> 02:21:14,370
12287 points of where price moves with
12288
12289 3073
12290 02:21:14,370 ~-~-> 02:21:16,800
12291 conviction. Okay where it's really
12292
12293 3074
12294 02:21:16,800 ~-~-> 02:21:18,840
12295 clearly trying to move away you have it
12296
12297 3075
12298 02:21:18,840 ~-~-> 02:21:22,200
12299 here okay and then you have a here is
12300
12301 3076
12302 02:21:22,200 ~-~-> 02:21:25,410
12303 again it's the 15 minute time frame and
12304
12305 3077
12306 02:21:25,410 ~-~-> 02:21:27,270
12307 then price makes its price swing and
12308
12309 3078
12310 02:21:27,270 ~-~-> 02:21:31,260
12311 trades lower. This candle on very low
12312
12313 3079
12314 02:21:31,260 ~-~-> 02:21:35,820
12315 here is 1515 GMT so that's like like 15
12316
12317 3080
12318 02:21:35,820 ~-~-> 02:21:42,030
12319 minutes past the the kill zone that this
12320
12321 3081
12322 02:21:42,090 ~-~-> 02:21:45,360
12323 was established for this trading trading
12324
12325 3082
12326 02:21:45,360 ~-~-> 02:21:48,690
12327 series. This here is 15 GMT and this is
12328
12329 3083
12330 02:21:48,690 ~-~-> 02:21:55,530
12331 1445 GMT so this is still capable trade
12332
12333 3084
12334 02:21:55,530 ~-~-> 02:21:58,350
12335 setup for the New York open session
12336
12337 3085
12338 02:21:58,830 ~-~-> 02:22:00,690
12339 light late for New York but still
12340
12341 3086
12342 02:22:00,690 ~-~-> 02:22:02,220
12343 nonetheless, it's something you could
12344
12345 3087
12346 02:22:02,220 ~-~-> 02:22:03,030
12347 take a trade on.
12348
12349 3088
12350 02:22:09,630 ~-~-> 02:22:12,600
12351 Let's go out one here.
12352
12353 3089
12354 02:22:14,280 ~-~-> 02:22:14,940
12355 We have
12356
12357 3090
12358 02:22:19,140 ~-~-> 02:22:20,940
12359 just in market structure alone here,
12360
12361 3091
12362 02:22:20,940 ~-~-> 02:22:24,300
12363 this is nice where you have a low, a
12364
12365 3092
12366 02:22:24,300 ~-~-> 02:22:27,570
12367 lower low to have them in here and a
12368
12369 3093
12370 02:22:27,570 ~-~-> 02:22:29,190
12371 higher low here. So we have an
12372
12373 3094
12374 02:22:29,190 ~-~-> 02:22:31,230
12375 intermediate term low just in market
12376
12377 3095
12378 02:22:31,230 ~-~-> 02:22:34,230
12379 structure alone. So that's that's
12380
12381 3096
12382 02:22:34,260 ~-~-> 02:22:36,810
12383 bullish by itself without anything else
12384
12385 3097
12386 02:22:36,810 ~-~-> 02:22:38,430
12387 added to it. That's That's very good.
12388
12389 3098
12390 02:22:39,990 ~-~-> 02:22:42,480
12391 And then we have price rally up away
12392
12393 3099
12394 02:22:42,480 ~-~-> 02:22:46,080
12395 here. This is our first bullish candle
12396
12397 3100
12398 02:22:46,080 ~-~-> 02:22:47,220
12399 prior to the move up.
12400
12401 3101
12402 02:22:57,810 ~-~-> 02:23:00,540
12403 Okay, you can see how arise up Your
12404
12405 3102
12406 02:23:00,540 ~-~-> 02:23:06,390
12407 range. What's your fib on that range
12408
12409 3103
12410 02:23:08,400 ~-~-> 02:23:10,980
12411 right in here. This candle Here comes in
12412
12413 3104
12414 02:23:11,010 ~-~-> 02:23:14,670
12415 at nine GMT. This candle here is 930
12416
12417 3105
12418 02:23:14,670 ~-~-> 02:23:18,810
12419 GMT. That's London open. Okay, we also
12420
12421 3106
12422 02:23:18,810 ~-~-> 02:23:19,320
12423 have
12424
12425 3107
12426 02:23:26,040 ~-~-> 02:23:28,890
12427 this rally here and it comes right back
12428
12429 3108
12430 02:23:28,890 ~-~-> 02:23:32,820
12431 into here's the first bearish candle
12432
12433 3109
12434 02:23:32,820 ~-~-> 02:23:34,710
12435 prior to the move up. So this is where
12436
12437 3110
12438 02:23:34,710 ~-~-> 02:23:37,320
12439 the market structure would shift. Okay,
12440
12441 3111
12442 02:23:37,410 ~-~-> 02:23:41,250
12443 and without having to draw a line you
12444
12445 3112
12446 02:23:41,250 ~-~-> 02:23:42,690
12447 can see we've moved back into that range
12448
12449 3113
12450 02:23:42,690 ~-~-> 02:23:44,940
12451 right here. Here is the smaller
12452
12453 3114
12454 02:23:47,100 ~-~-> 02:23:48,630
12455 reference point, here's where you would
12456
12457 3115
12458 02:23:48,630 ~-~-> 02:23:52,230
12459 be buying. And again 10 PIP risk below
12460
12461 3116
12462 02:23:52,230 ~-~-> 02:23:54,630
12463 here. Let's give you an idea what that
12464
12465 3117
12466 02:23:54,630 ~-~-> 02:23:57,660
12467 will look like in terms of and we're
12468
12469 3118
12470 02:23:57,660 ~-~-> 02:24:03,690
12471 going to say we bought at the 70.5 level
12472
12473 3119
12474 02:24:04,020 ~-~-> 02:24:09,450
12475 130 107 here's the low and if we go down
12476
12477 3120
12478 02:24:10,110 ~-~-> 02:24:13,260
12479 10 pips below that, your stop would be
12480
12481 3121
12482 02:24:13,260 ~-~-> 02:24:18,240
12483 at 130 at six. Okay, so approximately a
12484
12485 3122
12486 02:24:18,240 ~-~-> 02:24:22,440
12487 30 PIP stop well within the range of
12488
12489 3123
12490 02:24:23,130 ~-~-> 02:24:26,550
12491 profitable trading back to an old high,
12492
12493 3124
12494 02:24:26,940 ~-~-> 02:24:28,620
12495 you could take profits here take profits
12496
12497 3125
12498 02:24:28,620 ~-~-> 02:24:30,780
12499 here or just look forward to continue
12500
12501 3126
12502 02:24:30,780 ~-~-> 02:24:37,140
12503 moving on on a higher basis. Okay, see
12504
12505 3127
12506 02:24:37,140 ~-~-> 02:24:40,920
12507 price moving up here. Now just let's
12508
12509 3128
12510 02:24:40,950 ~-~-> 02:24:46,020
12511 zoom in here and I want you to see using
12512
12513 3129
12514 02:24:46,020 ~-~-> 02:24:49,470
12515 the ideas that we just covered. Okay
12516
12517 3130
12518 02:24:49,470 ~-~-> 02:24:51,210
12519 look at every time when the market moves
12520
12521 3131
12522 02:24:51,300 ~-~-> 02:24:55,680
12523 up, breaks a swing high. Okay, then
12524
12525 3132
12526 02:24:55,680 ~-~-> 02:24:57,120
12527 comes back down and comes right back
12528
12529 3133
12530 02:24:57,120 ~-~-> 02:24:59,820
12531 into that previous point of origin
12532
12533 3134
12534 02:24:59,820 ~-~-> 02:25:01,560
12535 already. This is where the move starts
12536
12537 3135
12538 02:25:01,920 ~-~-> 02:25:03,780
12539 and trades right back into it. This is
12540
12541 3136
12542 02:25:03,780 ~-~-> 02:25:06,510
12543 what you pull your fib on. Okay. I get a
12544
12545 3137
12546 02:25:06,510 ~-~-> 02:25:08,730
12547 lot of questions, you know, where, what
12548
12549 3138
12550 02:25:08,730 ~-~-> 02:25:10,560
12551 am I looking for? Why do I put my fib?
12552
12553 3139
12554 02:25:10,560 ~-~-> 02:25:12,780
12555 Where, why would I use those those
12556
12557 3140
12558 02:25:12,780 ~-~-> 02:25:14,130
12559 reference points like you do in your
12560
12561 3141
12562 02:25:14,130 ~-~-> 02:25:15,810
12563 videos, or if you go back over all of
12564
12565 3142
12566 02:25:15,810 ~-~-> 02:25:17,100
12567 the videos, you'll see me doing it.
12568
12569 3143
12570 02:25:17,100 ~-~-> 02:25:18,450
12571 You'll see me doing this very thing.
12572
12573 3144
12574 02:25:19,920 ~-~-> 02:25:23,670
12575 Okay, and here we go. We have price
12576
12577 3145
12578 02:25:23,700 ~-~-> 02:25:27,270
12579 moving up here. Okay, this is a Monday's
12580
12581 3146
12582 02:25:27,270 ~-~-> 02:25:30,630
12583 trading. We have the first bearish
12584
12585 3147
12586 02:25:30,630 ~-~-> 02:25:35,190
12587 candle prior to the move going up. Okay,
12588
12589 3148
12590 02:25:35,460 ~-~-> 02:25:41,850
12591 take your range. Jolyon over here. Can
12592
12593 3149
12594 02:25:41,850 ~-~-> 02:25:44,670
12595 you see that here this this candle forms
12596
12597 3150
12598 02:25:44,700 ~-~-> 02:25:49,890
12599 at 630 GMT, at 630 GMT. That's about a
12600
12601 3151
12602 02:25:49,890 ~-~-> 02:25:55,680
12603 half hour before the very, very
12604
12605 3152
12606 02:25:55,680 ~-~-> 02:25:58,890
12607 beginning of what I like to see in terms
12608
12609 3153
12610 02:25:58,890 ~-~-> 02:26:06,960
12611 of the The meat of London starting, you
12612
12613 3154
12614 02:26:06,960 ~-~-> 02:26:08,100
12615 can see how it comes right down to that
12616
12617 3155
12618 02:26:08,100 ~-~-> 02:26:12,960
12619 sweet spot in here. Okay, and also note,
12620
12621 3156
12622 02:26:13,590 ~-~-> 02:26:15,270
12623 sharp, I probably should have said this,
12624
12625 3157
12626 02:26:15,270 ~-~-> 02:26:17,910
12627 I'm jumping ahead of myself. When you're
12628
12629 3158
12630 02:26:17,910 ~-~-> 02:26:19,800
12631 looking to be a buyer, you want to be
12632
12633 3159
12634 02:26:19,800 ~-~-> 02:26:21,240
12635 doing what we mentioned earlier in a
12636
12637 3160
12638 02:26:21,240 ~-~-> 02:26:23,670
12639 previous video using the Asian range
12640
12641 3161
12642 02:26:23,670 ~-~-> 02:26:25,050
12643 high as your filter. So now what you
12644
12645 3162
12646 02:26:25,050 ~-~-> 02:26:27,750
12647 want to be buying, definitely anything
12648
12649 3163
12650 02:26:27,750 ~-~-> 02:26:32,100
12651 below this level, okay? It's an ideal
12652
12653 3164
12654 02:26:32,160 ~-~-> 02:26:35,250
12655 position, entry point. Again, here we
12656
12657 3165
12658 02:26:35,250 ~-~-> 02:26:37,170
12659 have the Asian range high, this is below
12660
12661 3166
12662 02:26:37,170 ~-~-> 02:26:38,610
12663 the Asian range low so that's even
12664
12665 3167
12666 02:26:38,670 ~-~-> 02:26:46,710
12667 better. Okay. And here is the New York
12668
12669 3168
12670 02:26:46,710 ~-~-> 02:26:52,020
12671 session by and again, here's the bearish
12672
12673 3169
12674 02:26:52,020 ~-~-> 02:26:56,010
12675 candle prior to the move up, okay, and
12676
12677 3170
12678 02:26:56,010 ~-~-> 02:26:57,120
12679 if you look over here, you can see we
12680
12681 3171
12682 02:26:57,120 ~-~-> 02:26:58,680
12683 move right back into that point of
12684
12685 3172
12686 02:26:58,680 ~-~-> 02:27:00,540
12687 origin Okay, so they move right back
12688
12689 3173
12690 02:27:00,540 ~-~-> 02:27:04,470
12691 into that, that dealing range and order
12692
12693 3174
12694 02:27:04,470 ~-~-> 02:27:10,530
12695 block. If you use too low in here, up to
12696
12697 3175
12698 02:27:10,530 ~-~-> 02:27:11,850
12699 here you can see how we went right down
12700
12701 3176
12702 02:27:11,850 ~-~-> 02:27:14,910
12703 to say nice I'm tracing level and rather
12704
12705 3177
12706 02:27:14,910 ~-~-> 02:27:17,940
12707 handsomely even if you used the low
12708
12709 3178
12710 02:27:17,940 ~-~-> 02:27:20,520
12711 formed in London, you're still getting
12712
12713 3179
12714 02:27:20,580 ~-~-> 02:27:22,260
12715 almost a sweet spot here but certainly
12716
12717 3180
12718 02:27:22,260 ~-~-> 02:27:25,050
12719 this 62% retracement level and getting
12720
12721 3181
12722 02:27:25,050 ~-~-> 02:27:26,730
12723 in sync with the daily trend you can see
12724
12725 3182
12726 02:27:26,730 ~-~-> 02:27:29,550
12727 how that's rather handsome in terms of a
12728
12729 3183
12730 02:27:29,550 ~-~-> 02:27:34,710
12731 trade opportunity. Okay, and again, we
12732
12733 3184
12734 02:27:34,710 ~-~-> 02:27:37,980
12735 have this point here at where we have a
12736
12737 3185
12738 02:27:38,730 ~-~-> 02:27:42,450
12739 new york session low. Remember we're
12740
12741 3186
12742 02:27:42,450 ~-~-> 02:27:45,000
12743 looking at session highs and lows, not
12744
12745 3187
12746 02:27:45,000 ~-~-> 02:27:47,430
12747 just previous day's highs and lows. And
12748
12749 3188
12750 02:27:48,150 ~-~-> 02:27:50,700
12751 here is your bearish candle prior to the
12752
12753 3189
12754 02:27:50,700 ~-~-> 02:27:51,990
12755 rally up so you're gonna see market
12756
12757 3190
12758 02:27:51,990 ~-~-> 02:27:55,770
12759 structure, shift on this candle draw
12760
12761 3191
12762 02:27:55,770 ~-~-> 02:27:56,760
12763 that out in time
12764
12765 3192
12766 02:28:00,179 ~-~-> 02:28:02,249
12767 Okay, cuz this is the point of origin
12768
12769 3193
12770 02:28:02,609 ~-~-> 02:28:04,289
12771 where this rally took place. So the
12772
12773 3194
12774 02:28:04,289 ~-~-> 02:28:07,889
12775 range that was created here, originally
12776
12777 3195
12778 02:28:07,889 ~-~-> 02:28:09,479
12779 right here on this bearish candle. So
12780
12781 3196
12782 02:28:09,479 ~-~-> 02:28:10,889
12783 when the market structure broke here,
12784
12785 3197
12786 02:28:11,519 ~-~-> 02:28:13,409
12787 this is where the order block resides,
12788
12789 3198
12790 02:28:13,679 ~-~-> 02:28:15,599
12791 okay within this candle. This is where
12792
12793 3199
12794 02:28:15,599 ~-~-> 02:28:18,209
12795 the, the institutional order block
12796
12797 3200
12798 02:28:18,209 ~-~-> 02:28:21,419
12799 resides. Okay, someone market meanders
12800
12801 3201
12802 02:28:21,419 ~-~-> 02:28:23,249
12803 and trades lower it was a good back into
12804
12805 3202
12806 02:28:23,249 ~-~-> 02:28:26,099
12807 that same order block. And then you do
12808
12809 3203
12810 02:28:26,309 ~-~-> 02:28:28,019
12811 acquire more the original position they
12812
12813 3204
12814 02:28:28,019 ~-~-> 02:28:29,579
12815 were trying to acquire here that they
12816
12817 3205
12818 02:28:29,579 ~-~-> 02:28:30,779
12819 couldn't get on because the market
12820
12821 3206
12822 02:28:30,779 ~-~-> 02:28:33,119
12823 started to take off. And if you take
12824
12825 3207
12826 02:28:33,119 ~-~-> 02:28:36,239
12827 that and you add that to your fibs.
12828
12829 3208
12830 02:28:37,979 ~-~-> 02:28:39,329
12831 Okay, you can see how here's the
12832
12833 3209
12834 02:28:39,329 ~-~-> 02:28:41,489
12835 sunlight saturation level deviated just
12836
12837 3210
12838 02:28:41,489 ~-~-> 02:28:42,809
12839 a little bit and we're going to give you
12840
12841 3211
12842 02:28:42,809 ~-~-> 02:28:46,439
12843 actually how much it moved below it. To
12844
12845 3212
12846 02:28:46,439 ~-~-> 02:28:48,119
12847 give you an idea how much we're talking
12848
12849 3213
12850 02:28:48,119 ~-~-> 02:28:49,799
12851 about six pips I think that's livable
12852
12853 3214
12854 02:28:49,799 ~-~-> 02:28:51,839
12855 guys. You guys can certainly tolerate
12856
12857 3215
12858 02:28:51,839 ~-~-> 02:28:57,029
12859 that. If you were to use the lower low
12860
12861 3216
12862 02:28:57,089 ~-~-> 02:28:59,759
12863 here, you still end up with the sweet
12864
12865 3217
12866 02:28:59,759 ~-~-> 02:29:01,829
12867 spot Okay, so you can see how using
12868
12869 3218
12870 02:29:01,829 ~-~-> 02:29:04,529
12871 session lows and highs, you know, with a
12872
12873 3219
12874 02:29:04,559 ~-~-> 02:29:07,379
12875 directional bias defined as we just
12876
12877 3220
12878 02:29:07,829 ~-~-> 02:29:10,439
12879 covered in this video, it really helps
12880
12881 3221
12882 02:29:10,439 ~-~-> 02:29:11,909
12883 you figure it out opportunities and
12884
12885 3222
12886 02:29:11,909 ~-~-> 02:29:13,769
12887 certainly being a buyer down here below
12888
12889 3223
12890 02:29:13,769 ~-~-> 02:29:15,959
12891 the Asian range high. Okay, think of the
12892
12893 3224
12894 02:29:15,959 ~-~-> 02:29:17,279
12895 daily range. Remember we were talking
12896
12897 3225
12898 02:29:17,279 ~-~-> 02:29:21,089
12899 about the likelihood of big range days
12900
12901 3226
12902 02:29:21,359 ~-~-> 02:29:23,219
12903 if we have the opening price in here,
12904
12905 3227
12906 02:29:23,339 ~-~-> 02:29:25,499
12907 okay, it doesn't really work both sides
12908
12909 3228
12910 02:29:25,499 ~-~-> 02:29:27,029
12911 of the opening price very much and
12912
12913 3229
12914 02:29:27,029 ~-~-> 02:29:28,859
12915 certainly doesn't work the lower end
12916
12917 3230
12918 02:29:29,159 ~-~-> 02:29:31,229
12919 making the low very much and onwards.
12920
12921 3231
12922 02:29:31,529 ~-~-> 02:29:33,569
12923 What am I mean by that? There's not much
12924
12925 3232
12926 02:29:33,569 ~-~-> 02:29:36,899
12927 range on daily bar from the opening to
12928
12929 3233
12930 02:29:36,899 ~-~-> 02:29:39,509
12931 the low. Okay, and let's see what that
12932
12933 3234
12934 02:29:39,509 ~-~-> 02:29:42,389
12935 does here. Okay, we're just gonna
12936
12937 3235
12938 02:29:42,749 ~-~-> 02:29:46,559
12939 eyeball it. And we're talking about 27
12940
12941 3236
12942 02:29:46,559 ~-~-> 02:29:50,969
12943 pips. Okay. 27 pips. So it worked lower
12944
12945 3237
12946 02:29:50,969 ~-~-> 02:29:56,819
12947 27 but moved off the lows for the day to
12948
12949 3238
12950 02:29:56,819 ~-~-> 02:30:01,169
12951 the tune of 76 pips So it's basically
12952
12953 3239
12954 02:30:01,169 ~-~-> 02:30:02,819
12955 three to one almost. Okay?
12956
12957 3240
12958 02:30:09,809 ~-~-> 02:30:14,129
12959 The the reoccurring principle is simply
12960
12961 3241
12962 02:30:14,129 ~-~-> 02:30:17,249
12963 looking for retracements in an uptrend
12964
12965 3242
12966 02:30:17,279 ~-~-> 02:30:18,569
12967 Okay, so you're buying dips in an
12968
12969 3243
12970 02:30:18,569 ~-~-> 02:30:23,249
12971 uptrend. And if you look at here we go
12972
12973 3244
12974 02:30:23,249 ~-~-> 02:30:23,669
12975 here.
12976
12977 3245
12978 02:30:26,400 ~-~-> 02:30:27,480
12979 Here's one where
12980
12981 3246
12982 02:30:28,830 ~-~-> 02:30:31,410
12983 it was not able to get down into that
12984
12985 3247
12986 02:30:31,680 ~-~-> 02:30:40,290
12987 price point in here. But using just the
12988
12989 3248
12990 02:30:40,320 ~-~-> 02:30:42,060
12991 optimal trade entry, you can see how
12992
12993 3249
12994 02:30:42,060 ~-~-> 02:30:46,140
12995 we've got a sweet spot here. And I'm
12996
12997 3250
12998 02:30:46,140 ~-~-> 02:30:48,930
12999 sure if you pulled the pivots up, which
13000
13001 3251
13002 02:30:48,930 ~-~-> 02:30:50,940
13003 we're not going to do here, because I'm
13004
13005 3252
13006 02:30:50,940 ~-~-> 02:30:54,480
13007 trying to keep this video around three
13008
13009 3253
13010 02:30:54,480 ~-~-> 02:30:56,790
13011 hours at maximum, which is a lot by
13012
13013 3254
13014 02:30:56,790 ~-~-> 02:30:59,970
13015 itself, but nonetheless, it's certainly
13016
13017 3255
13018 02:31:00,000 ~-~-> 02:31:05,850
13019 Yeah certainly a long video and here's
13020
13021 3256
13022 02:31:05,910 ~-~-> 02:31:07,650
13023 you know, you see opportunity in here
13024
13025 3257
13026 02:31:07,650 ~-~-> 02:31:10,740
13027 where you could have even intraday you
13028
13029 3258
13030 02:31:10,740 ~-~-> 02:31:12,990
13031 know price when this rally up like this
13032
13033 3259
13034 02:31:13,020 ~-~-> 02:31:16,890
13035 your first bearish candle went right
13036
13037 3260
13038 02:31:16,890 ~-~-> 02:31:18,750
13039 down if it were a block right here and
13040
13041 3261
13042 02:31:18,750 ~-~-> 02:31:22,560
13043 then gave you a tradable rally okay and
13044
13045 3262
13046 02:31:22,590 ~-~-> 02:31:25,920
13047 let's look at that range. It's 44 pips
13048
13049 3263
13050 02:31:25,950 ~-~-> 02:31:27,030
13051 so that's certainly something you can
13052
13053 3264
13054 02:31:27,030 ~-~-> 02:31:32,760
13055 get 20 pips 2530 pips out of. Okay, and
13056
13057 3265
13058 02:31:32,760 ~-~-> 02:31:34,590
13059 let's drop out one more.
13060
13061 3266
13062 02:31:40,890 ~-~-> 02:31:43,980
13063 Here's a nice double bottom where it
13064
13065 3267
13066 02:31:43,980 ~-~-> 02:31:45,450
13067 comes right back down to this original
13068
13069 3268
13070 02:31:45,450 ~-~-> 02:31:47,790
13071 order block prior to it rallying up.
13072
13073 3269
13074 02:32:03,179 ~-~-> 02:32:08,159
13075 market moves into consolidation here and
13076
13077 3270
13078 02:32:10,229 ~-~-> 02:32:11,939
13079 really don't have anything that's really
13080
13081 3271
13082 02:32:11,939 ~-~-> 02:32:18,389
13083 discernible. So you may be sitting on
13084
13085 3272
13086 02:32:18,389 ~-~-> 02:32:25,109
13087 your hands in here. Here's one that was
13088
13089 3273
13090 02:32:27,269 ~-~-> 02:32:29,339
13091 this was all right, you got this candle
13092
13093 3274
13094 02:32:29,339 ~-~-> 02:32:31,619
13095 here, draw it out in time it moves right
13096
13097 3275
13098 02:32:31,619 ~-~-> 02:32:34,259
13099 back into that same order block day
13100
13101 3276
13102 02:32:34,259 ~-~-> 02:32:39,059
13103 moves higher. Again, all we're doing is
13104
13105 3277
13106 02:32:39,059 ~-~-> 02:32:41,999
13107 focusing on the buying not anything else
13108
13109 3278
13110 02:32:42,029 ~-~-> 02:32:43,049
13111 just simply looking for buying
13112
13113 3279
13114 02:32:43,049 ~-~-> 02:32:47,939
13115 opportunities. Okay, we have prior to
13116
13117 3280
13118 02:32:47,939 ~-~-> 02:32:50,219
13119 the move up, we have this bearish candle
13120
13121 3281
13122 02:32:50,219 ~-~-> 02:32:52,169
13123 here. draw that out in time.
13124
13125 3282
13126 02:32:57,210 ~-~-> 02:32:58,170
13127 Okay, and
13128
13129 3283
13130 02:33:00,000 ~-~-> 02:33:04,290
13131 Pour fib on the range. Here's a sentence
13132
13133 3284
13134 02:33:04,290 ~-~-> 02:33:06,360
13135 at chase on level one here dva just a
13136
13137 3285
13138 02:33:06,360 ~-~-> 02:33:13,050
13139 little bit below it. And this is where
13140
13141 3286
13142 02:33:13,050 ~-~-> 02:33:16,200
13143 you would have encountered a trade that
13144
13145 3287
13146 02:33:16,200 ~-~-> 02:33:18,690
13147 would have been a losing trade. Okay,
13148
13149 3288
13150 02:33:18,690 ~-~-> 02:33:20,250
13151 and it's fair for me to show you this
13152
13153 3289
13154 02:33:20,250 ~-~-> 02:33:21,630
13155 because I don't want to just go through
13156
13157 3290
13158 02:33:21,930 ~-~-> 02:33:24,030
13159 and appear to be just cherry picking,
13160
13161 3291
13162 02:33:24,270 ~-~-> 02:33:26,100
13163 looking at opportunities where it worked
13164
13165 3292
13166 02:33:26,100 ~-~-> 02:33:27,750
13167 out favorably every single time. But I
13168
13169 3293
13170 02:33:27,750 ~-~-> 02:33:29,220
13171 don't want to log into thinking this is
13172
13173 3294
13174 02:33:29,220 ~-~-> 02:33:30,510
13175 going to be perfect and it's not going
13176
13177 3295
13178 02:33:30,510 ~-~-> 02:33:32,730
13179 to give you any losses certainly would
13180
13181 3296
13182 02:33:32,730 ~-~-> 02:33:33,570
13183 have happened here.
13184
13185 3297
13186 02:33:42,330 ~-~-> 02:33:45,420
13187 Here's one where it moves deeper below
13188
13189 3298
13190 02:33:45,420 ~-~-> 02:33:47,430
13191 and runs the stops on the Asian range
13192
13193 3299
13194 02:33:47,430 ~-~-> 02:33:49,260
13195 low before running higher.
13196
13197 3300
13198 02:33:55,260 ~-~-> 02:33:57,420
13199 We have the same scenario here where the
13200
13201 3301
13202 02:33:57,420 ~-~-> 02:34:02,490
13203 previous day's low Which on this in this
13204
13205 3302
13206 02:34:02,490 ~-~-> 02:34:05,820
13207 case is 14 GMT which is a session low
13208
13209 3303
13210 02:34:06,540 ~-~-> 02:34:12,210
13211 New York session. Here's your low to
13212
13213 3304
13214 02:34:12,210 ~-~-> 02:34:14,970
13215 high the range price drops down into the
13216
13217 3305
13218 02:34:14,970 ~-~-> 02:34:17,940
13219 60 to almost the sweet spot returning
13220
13221 3306
13222 02:34:17,940 ~-~-> 02:34:21,690
13223 back to this dealing range and
13224
13225 3307
13226 02:34:21,720 ~-~-> 02:34:23,580
13227 institutional level point of origin
13228
13229 3308
13230 02:34:23,580 ~-~-> 02:34:28,080
13231 where everything when price dropped
13232
13233 3309
13234 02:34:28,080 ~-~-> 02:34:29,550
13235 lower, it allowed them to accumulate
13236
13237 3310
13238 02:34:29,550 ~-~-> 02:34:31,260
13239 more of their long positions. And then
13240
13241 3311
13242 02:34:31,260 ~-~-> 02:34:34,320
13243 you saw the price move on up and profit
13244
13245 3312
13246 02:34:34,320 ~-~-> 02:34:37,590
13247 release portion of the trade unfolded.
13248
13249 3313
13250 02:34:40,710 ~-~-> 02:34:43,080
13251 Little opportunity here where price
13252
13253 3314
13254 02:34:43,080 ~-~-> 02:34:45,630
13255 moves up, first bearish candle in here
13256
13257 3315
13258 02:34:45,630 ~-~-> 02:34:48,900
13259 draw it out in time. This is a return to
13260
13261 3316
13262 02:34:48,900 ~-~-> 02:34:51,000
13263 the point of origin back into the order
13264
13265 3317
13266 02:34:51,000 ~-~-> 02:34:54,420
13267 block here and price rallies up. And
13268
13269 3318
13270 02:34:54,420 ~-~-> 02:34:57,450
13271 this candle Here comes in at 1600 GMT.
13272
13273 3319
13274 02:35:00,000 ~-~-> 02:35:03,030
13275 Nice little opportunity to be able to
13276
13277 3320
13278 02:35:03,030 ~-~-> 02:35:06,630
13279 catch a scalp intraday. And I'm only
13280
13281 3321
13282 02:35:06,900 ~-~-> 02:35:11,310
13283 tossing this in about 40 pips or so in
13284
13285 3322
13286 02:35:11,310 ~-~-> 02:35:18,750
13287 terms of range. I'm adding these these
13288
13289 3323
13290 02:35:19,950 ~-~-> 02:35:23,400
13291 intraday setups to show you how you can
13292
13293 3324
13294 02:35:23,400 ~-~-> 02:35:25,920
13295 use it to be a trader on an intraday
13296
13297 3325
13298 02:35:25,920 ~-~-> 02:35:28,950
13299 basis or a scalper. But really, what you
13300
13301 3326
13302 02:35:28,950 ~-~-> 02:35:32,340
13303 want to be focusing on is the ideal days
13304
13305 3327
13306 02:35:32,340 ~-~-> 02:35:35,670
13307 of the week which are Monday. I'm sorry,
13308
13309 3328
13310 02:35:35,670 ~-~-> 02:35:37,260
13311 yeah, Monday, Tuesday and Wednesday,
13312
13313 3329
13314 02:35:37,650 ~-~-> 02:35:39,870
13315 being the higher low of the week. And
13316
13317 3330
13318 02:35:39,870 ~-~-> 02:35:42,090
13319 again, because we're looking at this
13320
13321 3331
13322 02:35:43,890 ~-~-> 02:35:46,860
13323 area price action. We're going to look
13324
13325 3332
13326 02:35:46,860 ~-~-> 02:35:50,070
13327 for again, just the significant lows,
13328
13329 3333
13330 02:35:50,490 ~-~-> 02:35:52,650
13331 the farm for the week one, let's go back
13332
13333 3334
13334 02:35:52,650 ~-~-> 02:35:54,540
13335 and look at the beginning portion of
13336
13337 3335
13338 02:35:54,540 ~-~-> 02:35:58,200
13339 that. And just for clarity, because I
13340
13341 3336
13342 02:35:58,200 ~-~-> 02:36:03,420
13343 want to be make sure that is easy to
13344
13345 3337
13346 02:36:03,420 ~-~-> 02:36:11,160
13347 see. I'm just going to change the color
13348
13349 3338
13350 02:36:11,880 ~-~-> 02:36:15,990
13351 to a little lightly. There you go. It's
13352
13353 3339
13354 02:36:15,990 ~-~-> 02:36:18,480
13355 a little bit easier to see. Here's
13356
13357 3340
13358 02:36:18,480 ~-~-> 02:36:20,730
13359 Monday's trading. And that's the low the
13360
13361 3341
13362 02:36:20,730 ~-~-> 02:36:23,370
13363 week during the time when we're looking
13364
13365 3342
13366 02:36:23,370 ~-~-> 02:36:25,860
13367 for buying opportunities only. Okay, so
13368
13369 3343
13370 02:36:25,890 ~-~-> 02:36:28,410
13371 on Monday this week, we have the Monday
13372
13373 3344
13374 02:36:28,410 ~-~-> 02:36:33,060
13375 making the low. On this week here, the
13376
13377 3345
13378 02:36:33,060 ~-~-> 02:36:35,580
13379 low the week is on Monday as well. Nice
13380
13381 3346
13382 02:36:35,580 ~-~-> 02:36:37,320
13383 opportunity to be buying on Tuesday,
13384
13385 3347
13386 02:36:37,650 ~-~-> 02:36:38,850
13387 even gives you an opportunity on
13388
13389 3348
13390 02:36:38,850 ~-~-> 02:36:40,860
13391 Thursday, which doesn't fit the model
13392
13393 3349
13394 02:36:40,860 ~-~-> 02:36:43,650
13395 but still, everything working towards
13396
13397 3350
13398 02:36:43,710 ~-~-> 02:36:45,990
13399 making a higher close on Friday is the
13400
13401 3351
13402 02:36:45,990 ~-~-> 02:36:52,830
13403 general idea. We have a shift in market
13404
13405 3352
13406 02:36:54,840 ~-~-> 02:36:57,300
13407 tone in here where we went lower and
13408
13409 3353
13410 02:36:57,300 ~-~-> 02:36:59,850
13411 retrace much deeper. But there was
13412
13413 3354
13414 02:36:59,850 ~-~-> 02:37:02,250
13415 certain Buying opportunities on Monday,
13416
13417 3355
13418 02:37:02,640 ~-~-> 02:37:04,980
13419 Tuesday in even on Wednesday still
13420
13421 3356
13422 02:37:05,100 ~-~-> 02:37:07,440
13423 catching some opportunities to be a
13424
13425 3357
13426 02:37:07,440 ~-~-> 02:37:10,680
13427 buyer that the loan this week comes in
13428
13429 3358
13430 02:37:10,770 ~-~-> 02:37:14,070
13431 on Monday. Very nice opportunity a buyer
13432
13433 3359
13434 02:37:14,070 ~-~-> 02:37:16,230
13435 here as well. And you can actually see
13436
13437 3360
13438 02:37:16,230 ~-~-> 02:37:18,990
13439 the same result of years of down candle
13440
13441 3361
13442 02:37:18,990 ~-~-> 02:37:20,850
13443 prior to move up and it retraces back
13444
13445 3362
13446 02:37:20,850 ~-~-> 02:37:22,710
13447 into that order block and as your
13448
13449 3363
13450 02:37:22,710 ~-~-> 02:37:26,430
13451 optimal trade entry moving higher and
13452
13453 3364
13454 02:37:29,490 ~-~-> 02:37:31,320
13455 Tuesday opportunity a buyer Wednesday
13456
13457 3365
13458 02:37:31,320 ~-~-> 02:37:33,960
13459 nice opportunity a buyer Okay, those are
13460
13461 3366
13462 02:37:33,960 ~-~-> 02:37:38,190
13463 those one one shot one kill type
13464
13465 3367
13466 02:37:38,190 ~-~-> 02:37:40,290
13467 scenarios that you would be looking for,
13468
13469 3368
13470 02:37:40,590 ~-~-> 02:37:42,570
13471 to not trade a whole lot but catch very
13472
13473 3369
13474 02:37:42,570 ~-~-> 02:37:44,910
13475 handsome pips and not not have to do a
13476
13477 3370
13478 02:37:44,910 ~-~-> 02:37:47,640
13479 whole lot of work really. That low
13480
13481 3371
13482 02:37:47,670 ~-~-> 02:37:49,800
13483 actually forms here on Thursday for this
13484
13485 3372
13486 02:37:50,100 ~-~-> 02:37:51,570
13487 particular week. And again, I'm using a
13488
13489 3373
13490 02:37:51,570 ~-~-> 02:37:54,090
13491 double lines here delineating the marker
13492
13493 3374
13494 02:37:54,090 ~-~-> 02:37:56,340
13495 of Sunday to Sunday so the action
13496
13497 3375
13498 02:37:56,340 ~-~-> 02:37:58,950
13499 between those two is the intra week
13500
13501 3376
13502 02:37:58,980 ~-~-> 02:38:03,120
13503 price action Nice buying opportunity
13504
13505 3377
13506 02:38:03,120 ~-~-> 02:38:05,010
13507 here on the Monday of this week, nice
13508
13509 3378
13510 02:38:05,010 ~-~-> 02:38:08,340
13511 one on Tuesday. Okay, does retrace,
13512
13513 3379
13514 02:38:08,370 ~-~-> 02:38:11,070
13515 trades lower than Monday's low, but
13516
13517 3380
13518 02:38:11,070 ~-~-> 02:38:13,680
13519 again, still opportunities to be a buyer
13520
13521 3381
13522 02:38:14,700 ~-~-> 02:38:21,330
13523 moving up rather handsomely. And then
13524
13525 3382
13526 02:38:21,330 ~-~-> 02:38:23,130
13527 move into an area where we no longer
13528
13529 3383
13530 02:38:23,130 ~-~-> 02:38:27,300
13531 have the daily bias enforce where now we
13532
13533 3384
13534 02:38:27,300 ~-~-> 02:38:29,970
13535 would be expecting to see lower prices
13536
13537 3385
13538 02:38:30,030 ~-~-> 02:38:31,440
13539 come into effect. And that's what you
13540
13541 3386
13542 02:38:31,440 ~-~-> 02:38:34,500
13543 see here. And really, if you just
13544
13545 3387
13546 02:38:34,530 ~-~-> 02:38:36,180
13547 reverse the scenario and look at
13548
13549 3388
13550 02:38:36,180 ~-~-> 02:38:37,860
13551 everything, like we just did on the buy
13552
13553 3389
13554 02:38:37,860 ~-~-> 02:38:39,960
13555 side, reversing it for the downside,
13556
13557 3390
13558 02:38:40,380 ~-~-> 02:38:42,180
13559 it's much in the same capacity, the same
13560
13561 3391
13562 02:38:42,180 ~-~-> 02:38:46,020
13563 thing just reversed. Okay? And let's
13564
13565 3392
13566 02:38:46,020 ~-~-> 02:38:47,310
13567 take a look at
13568
13569 3393
13570 02:38:50,280 ~-~-> 02:38:51,870
13571 the breakdown of what you're looking
13572
13573 3394
13574 02:38:51,870 ~-~-> 02:38:54,690
13575 for, with the support and resistance
13576
13577 3395
13578 02:38:54,720 ~-~-> 02:38:58,530
13579 notion and time of day and the optimal
13580
13581 3396
13582 02:38:58,530 ~-~-> 02:39:00,720
13583 trade entry and what Specifically that
13584
13585 3397
13586 02:39:00,780 ~-~-> 02:39:04,290
13587 sets up your trade data as high
13588
13589 3398
13590 02:39:04,290 ~-~-> 02:39:05,130
13591 probability.
13592
13593 3399
13594 02:39:10,380 ~-~-> 02:39:12,810
13595 Okay, the ICT optimal trade entry
13596
13597 3400
13598 02:39:12,810 ~-~-> 02:39:16,440
13599 pattern. The premise really builds upon
13600
13601 3401
13602 02:39:16,560 ~-~-> 02:39:18,990
13603 the understanding of support resistance
13604
13605 3402
13606 02:39:18,990 ~-~-> 02:39:20,850
13607 and we're going to use this example here
13608
13609 3403
13610 02:39:20,850 ~-~-> 02:39:25,170
13611 to illustrate the example of an optimal
13612
13613 3404
13614 02:39:25,170 ~-~-> 02:39:27,510
13615 trade entry that's used for a buy entry.
13616
13617 3405
13618 02:39:28,200 ~-~-> 02:39:30,930
13619 And assuming the support level has been
13620
13621 3406
13622 02:39:30,990 ~-~-> 02:39:35,610
13623 arrived at, we have the support level,
13624
13625 3407
13626 02:39:36,030 ~-~-> 02:39:39,030
13627 which is ideally a higher level daily
13628
13629 3408
13630 02:39:39,060 ~-~-> 02:39:41,190
13631 four hour or one hour timeframe support
13632
13633 3409
13634 02:39:41,190 ~-~-> 02:39:47,580
13635 line. This high here, okay, this swing
13636
13637 3410
13638 02:39:47,580 ~-~-> 02:39:50,670
13639 high, breaking this previous high is
13640
13641 3411
13642 02:39:50,670 ~-~-> 02:39:52,710
13643 good. That's what you want to see. Okay.
13644
13645 3412
13646 02:39:52,770 ~-~-> 02:39:55,200
13647 And then when you have price, break it
13648
13649 3413
13650 02:39:55,200 ~-~-> 02:39:58,830
13651 again here you have another cotton
13652
13653 3414
13654 02:39:58,860 ~-~-> 02:40:01,650
13655 Manasa conviction. By the traders that
13656
13657 3415
13658 02:40:01,650 ~-~-> 02:40:03,420
13659 are in control of price, what's your
13660
13661 3416
13662 02:40:03,420 ~-~-> 02:40:07,530
13663 smart money? They are indicating to us
13664
13665 3417
13666 02:40:07,530 ~-~-> 02:40:10,260
13667 that they are wanting to see this
13668
13669 3418
13670 02:40:10,440 ~-~-> 02:40:14,430
13671 market, not trade lower. Okay. So if
13672
13673 3419
13674 02:40:14,430 ~-~-> 02:40:16,500
13675 it's not going to go lower, chances are
13676
13677 3420
13678 02:40:16,500 ~-~-> 02:40:18,870
13679 it's probably going to go up and go up
13680
13681 3421
13682 02:40:18,900 ~-~-> 02:40:22,410
13683 sharply. Now, if we see the star here,
13684
13685 3422
13686 02:40:22,410 ~-~-> 02:40:24,900
13687 that's delineating a break in market
13688
13689 3423
13690 02:40:24,900 ~-~-> 02:40:28,590
13691 structure, okay, on both points, the
13692
13693 3424
13694 02:40:28,620 ~-~-> 02:40:30,390
13695 previous little short term high that we
13696
13697 3425
13698 02:40:30,390 ~-~-> 02:40:32,760
13699 just showed, and now when the price ran
13700
13701 3426
13702 02:40:32,760 ~-~-> 02:40:35,520
13703 up aggressively through that, what we'd
13704
13705 3427
13706 02:40:35,520 ~-~-> 02:40:37,680
13707 be waiting for a price to return back to
13708
13709 3428
13710 02:40:37,680 ~-~-> 02:40:42,180
13711 the point of origin. That scene here
13712
13713 3429
13714 02:40:43,050 ~-~-> 02:40:45,420
13715 where price comes right back down into
13716
13717 3430
13718 02:40:45,960 ~-~-> 02:40:48,450
13719 the first bearish candle prior to the
13720
13721 3431
13722 02:40:48,450 ~-~-> 02:40:50,640
13723 rally gamebreaking market structure
13724
13725 3432
13726 02:40:50,640 ~-~-> 02:40:53,520
13727 here. So now we have a range from here
13728
13729 3433
13730 02:40:53,910 ~-~-> 02:40:57,030
13731 to here. Okay. So we're looking for
13732
13733 3434
13734 02:40:57,030 ~-~-> 02:40:59,760
13735 price really to stay above support not
13736
13737 3435
13738 02:40:59,760 ~-~-> 02:41:01,410
13739 necessary. Trading back down to that
13740
13741 3436
13742 02:41:01,410 ~-~-> 02:41:05,700
13743 same price level. This is the swing that
13744
13745 3437
13746 02:41:05,700 ~-~-> 02:41:07,680
13747 you should be identifying with your eye.
13748
13749 3438
13750 02:41:08,010 ~-~-> 02:41:09,900
13751 This is what you train your eye to see,
13752
13753 3439
13754 02:41:10,290 ~-~-> 02:41:12,870
13755 this particular price swing is what's
13756
13757 3440
13758 02:41:12,900 ~-~-> 02:41:15,240
13759 necessary for you to pull your fib on.
13760
13761 3441
13762 02:41:18,000 ~-~-> 02:41:19,890
13763 By doing that, and again noting where
13764
13765 3442
13766 02:41:19,890 ~-~-> 02:41:23,070
13767 the market structure has shifted. When
13768
13769 3443
13770 02:41:23,070 ~-~-> 02:41:25,860
13771 price moves back down into this area
13772
13773 3444
13774 02:41:25,860 ~-~-> 02:41:28,770
13775 here, it's between the 62 and 79 cent
13776
13777 3445
13778 02:41:28,770 ~-~-> 02:41:32,670
13779 treatment level. The 70.5 level is what
13780
13781 3446
13782 02:41:32,670 ~-~-> 02:41:34,410
13783 I deemed the sweet spot. That's
13784
13785 3447
13786 02:41:34,410 ~-~-> 02:41:36,420
13787 generally what I try to aim at for my
13788
13789 3448
13790 02:41:36,420 ~-~-> 02:41:39,270
13791 entry point. I may add the PIP spread
13792
13793 3449
13794 02:41:39,270 ~-~-> 02:41:42,030
13795 from that point or I'll use the 62%
13796
13797 3450
13798 02:41:42,030 ~-~-> 02:41:43,440
13799 retracement level and depending upon the
13800
13801 3451
13802 02:41:43,440 ~-~-> 02:41:45,900
13803 type of PIP range between the two, if
13804
13805 3452
13806 02:41:45,900 ~-~-> 02:41:48,030
13807 it's not a whole lot, you know, I'll
13808
13809 3453
13810 02:41:48,150 ~-~-> 02:41:50,460
13811 just simply use 62 just to make sure I
13812
13813 3454
13814 02:41:50,460 ~-~-> 02:41:52,050
13815 get the trade as long as it doesn't
13816
13817 3455
13818 02:41:52,050 ~-~-> 02:41:55,950
13819 deviate my overall price parameters in
13820
13821 3456
13822 02:41:55,950 ~-~-> 02:41:58,860
13823 terms of allowing my stop loss order to
13824
13825 3457
13826 02:41:58,860 ~-~-> 02:42:04,650
13827 be within my Maximum risk portrayed. And
13828
13829 3458
13830 02:42:04,650 ~-~-> 02:42:06,570
13831 obviously, you can see the results of
13832
13833 3459
13834 02:42:06,810 ~-~-> 02:42:09,270
13835 taking this type of pattern with the
13836
13837 3460
13838 02:42:09,270 ~-~-> 02:42:10,770
13839 understanding of everything that we've
13840
13841 3461
13842 02:42:10,770 ~-~-> 02:42:12,900
13843 talked about in this video series up to
13844
13845 3462
13846 02:42:12,900 ~-~-> 02:42:15,360
13847 this point in that little gray. I mean,
13848
13849 3463
13850 02:42:15,360 ~-~-> 02:42:16,800
13851 sorry, in that little green box,
13852
13853 3464
13854 02:42:16,830 ~-~-> 02:42:19,830
13855 ideally, that should be a kill zone, be
13856
13857 3465
13858 02:42:20,100 ~-~-> 02:42:23,370
13859 the London open for the New York session
13860
13861 3466
13862 02:42:23,400 ~-~-> 02:42:26,310
13863 open. Okay? Those are the ideal trading
13864
13865 3467
13866 02:42:26,310 ~-~-> 02:42:29,340
13867 scenarios for you to be finding trading
13868
13869 3468
13870 02:42:29,340 ~-~-> 02:42:31,350
13871 opportunities to get long in. And again
13872
13873 3469
13874 02:42:31,350 ~-~-> 02:42:32,760
13875 with the assumption that the nine day
13876
13877 3470
13878 02:42:32,760 ~-~-> 02:42:34,200
13879 exponential moving average is above the
13880
13881 3471
13882 02:42:34,200 ~-~-> 02:42:37,440
13883 18 day and when you have that and also
13884
13885 3472
13886 02:42:38,280 ~-~-> 02:42:40,440
13887 order flow and market flow and market
13888
13889 3473
13890 02:42:40,440 ~-~-> 02:42:42,270
13891 structure on that timeframe dealing for
13892
13893 3474
13894 02:42:42,270 ~-~-> 02:42:45,240
13895 our or suggesting higher prices. It's
13896
13897 3475
13898 02:42:45,240 ~-~-> 02:42:46,680
13899 all but a green light just to get in
13900
13901 3476
13902 02:42:46,680 ~-~-> 02:42:48,810
13903 here and start hunting by opportunities
13904
13905 3477
13906 02:42:48,900 ~-~-> 02:42:49,920
13907 using this format.