Skip to Content
Last modified by Drunk Monkey on 2021-06-11 13:57
From version 1.1
edited by Drunk Monkey
on 2020-11-20 16:50
Change comment: There is no comment for this version
To version 2.1
edited by Drunk Monkey
on 2021-06-11 13:57
Change comment: There is no comment for this version

Summary

Details

Page properties
Content
... ... @@ -1,4955 +1,470 @@
1 -1
2 -00:01:41,550 ~-~-> 00:01:44,640
3 -ICT: Okay folks, we are looking at Part Six on the trading
1 +(% class="hover min" %)
2 +|1 |00:01:41,550 ~-~-> 00:01:51,540 |ICT: Okay folks, we are looking at Part Six on the trade plan development series and we're focusing on short term trading in this example. And obviously, you
3 +|2 |00:01:51,540 ~-~-> 00:02:02,160 |know, we're not gonna be reinventing the wheel here a lot of the concepts that I'll be discussing here are taught in previous teaching modules, I would counsel
4 +|3 |00:02:02,160 ~-~-> 00:02:14,190 |you to look at my short term trading video module, the power three video module, how to capture explosive profits in the Forex market, video module and module,
5 +|4 |00:02:14,580 ~-~-> 00:02:27,840 |you'll refer back to the optimal trade entry video module and maybe even the fib concept. So the module maybe you have helped you as well. But let's take a look
6 +|5 |00:02:27,840 ~-~-> 00:02:39,150 |at the overall plan here. Okay, and we're looking at short term trading plan and the premise to this style trading is we're gonna be trading in sync with the
7 +|6 |00:02:39,150 ~-~-> 00:02:47,220 |market structure. And we're gonna talk about market structure in this video module a bit more greater detail because I really want to differentiate from
8 +|7 |00:02:47,280 ~-~-> 00:02:59,190 |market flow okay, because there is a difference in what I mean when I say market flow and market structure, okay. If there was one specific preference over
9 +|8 |00:02:59,340 ~-~-> 00:03:08,340 |trading with market flow or market structure, it would be market structure. Okay, I learned from Larry Williams and I think this will be more or less of a
10 +|9 |00:03:08,340 ~-~-> 00:03:19,890 |better treaties on the explanation on how I trade with it in this in this module. I duration this style trading is as low as intraday. entry and exit of
11 +|10 |00:03:19,890 ~-~-> 00:03:29,910 |the same day to as little as a few days. anything greater than five days in a trade I would consider a swing trade. So five days or less. To me it's a short
12 +|11 |00:03:29,910 ~-~-> 00:03:41,400 |term trade and the average pips in terms of profit, we're aiming for 50 to 150 pips portrayed. Alright, so the buy signals, how do we arrive at looking for
13 +|12 |00:03:41,400 ~-~-> 00:03:48,810 |buys or we're gonna be trading long in the observance of a bullish market maker profile. That's the fractal we're going to be highlighting in this video module.
14 +|13 |00:03:49,020 ~-~-> 00:03:58,560 |There's all types of fractals all different styles of trading fractals. Again, fractals are simply a pattern that is infinitely visible, okay, in any timeframe
15 +|14 |00:03:58,590 ~-~-> 00:04:09,330 |up or down. Okay, they're going to look a little bit different overall, but generally they do overall premise or pattern to it is universally the same.
16 +|15 |00:04:09,420 ~-~-> 00:04:19,680 |Okay, and you'll see what I mean by that when we look at the actual market maker profile. We looking to find price patterns and conferences to support our trades
17 +|16 |00:04:19,680 ~-~-> 00:04:28,290 |in the direction of the market maker profile and market structure, those both being bullish and will be utilizing the optimal trade entry for entry price and
18 +|17 |00:04:28,320 ~-~-> 00:04:37,200 |using fib extensions for profits nothing new here guys new known reinventing the wheel here simple concepts we've already talked about in previous video modules.
19 +|18 |00:04:37,770 ~-~-> 00:04:46,950 |sell signals obviously much like everything else in my teaching is reverse everything. So if you look for the observance of a bearish market maker profile,
20 +|19 |00:04:46,980 ~-~-> 00:04:55,440 |the fractal again we're looking for with a bearish market structure. And we'll be looking for price patterns and conferences. And we'll be utilizing the
21 +|20 |00:04:55,440 ~-~-> 00:05:09,210 |optimal trade entry for our entry price and using fib extensions 127 162 and 200 for profit. Now, when we put a trade on the wrist, we associate each trade will
22 +|21 |00:05:09,210 ~-~-> 00:05:21,120 |be maximized at no greater than 2% per trade. Ideally, I recommend 1% even in a demo account, guys, because you don't want the determined demoralizing effect of
23 +|22 |00:05:21,150 ~-~-> 00:05:30,300 |being wrong in seeing your equity erode, even if it is a demo account. You're not, no, you're not learning anything by losing money fast. Okay, trust me, I've
24 +|23 |00:05:30,300 ~-~-> 00:05:44,760 |done that a lot. Early on, I've lost a lot of money, okay. And I never learned anything from that. Okay. I learned from really learning to step back and lose
25 +|24 |00:05:44,790 ~-~-> 00:05:53,850 |money slowly. That's, that's when you learn, because when you quickly lose money and lots of it, you're, you're so swamped with emotions, okay? You can't think
26 +|25 |00:05:53,850 ~-~-> 00:06:04,020 |of objectively and you want to be able to lose money slowly and objectively look at what it is you're doing wrong. And take a step back and look at it, if you're
27 +|26 |00:06:04,020 ~-~-> 00:06:15,450 |if you're losing seven 812 15% in one or two trades, okay? I've done that. Okay. Years and years ago, I've done that. And I'm telling you, you don't want
28 +|27 |00:06:15,450 ~-~-> 00:06:24,900 |anything from that you actually will find limitless reasons to get out of this and never do and never give yourself a chance. So again, can't stress it enough.
29 +|28 |00:06:24,900 ~-~-> 00:06:36,480 |Keep your risk very, very small. If you're brand new, absolutely brand new, risk one half of 1%. How about that goes against what you thought is logical, you
30 +|29 |00:06:36,480 ~-~-> 00:06:38,280 |think you gotta risk a whole lot of money you don't.
31 +|30 |00:06:39,600 ~-~-> 00:06:50,340 |So if you're looking at, you know, a trading portfolio and use these concepts or any other trading concepts, obviously, risk management is in the forefront of
32 +|31 |00:06:50,340 ~-~-> 00:06:57,960 |your mind as a trader is even as a developing trader, because as a professional myself, the first thing I care about is what am I going to risk? Okay, what is
33 +|32 |00:06:57,960 ~-~-> 00:07:06,270 |my risk overall? And how quickly can I remove the risk and go to breakeven, and then immediately looking beyond that point to lock in something I want to get
34 +|33 |00:07:06,270 ~-~-> 00:07:13,830 |paid, okay? I don't want I don't care about being right, I want to be paid. I know there's enough opportunities every single week, I can, I can harvest money
35 +|34 |00:07:13,830 ~-~-> 00:07:21,600 |from the market every week, okay? And that's the mindset you need to adopt. There's no rush to get in. There is a rush to protect your assets and your in
36 +|35 |00:07:21,600 ~-~-> 00:07:29,640 |your equity. So there's we rush, you rush to save money, and you move slowly when you're trying to make money. Okay, so that way you're controlling your
37 +|36 |00:07:29,640 ~-~-> 00:07:38,940 |drawdown. And for more information on that, obviously, look at my handling drawdown and inevitable losses video module. Okay. That's actually how I handle
38 +|37 |00:07:39,180 ~-~-> 00:07:48,780 |with losing streaks. And yes, surprise, I have losing streaks. So you have to have that in your arsenal as well. So now, taking a step back and looking at
39 +|38 |00:07:48,780 ~-~-> 00:07:55,140 |this, you're probably scratching and saying, Well, wait a minute, this really isn't a trading plan. Well, that's for the guys that just started watching my
40 +|39 |00:07:55,140 ~-~-> 00:08:02,640 |videos. And they're looking at this saying, what does this even mean? for those who've been following me for a while I have digested the previous videos and you
41 +|40 |00:08:02,640 ~-~-> 00:08:10,200 |understand what optimal trade entry is, you understand what specific price patterns we're talking about the understand what consequences are? Okay, you had
42 +|41 |00:08:10,200 ~-~-> 00:08:18,090 |a brief introduction to fractals with the optimal trade entries. We're going to learn a little bit more about that in here. And what specifically a market maker
43 +|42 |00:08:18,090 ~-~-> 00:08:31,860 |does on all timeframes to facilitate trade. But it's not my goal here to break down every intricate detail that goes into making a specific short term trading
44 +|43 |00:08:31,860 ~-~-> 00:08:44,370 |plan. And the reason why is because I don't know your personality. I don't know what framework you're building you're trading on. And you'll understand more
45 +|44 |00:08:44,370 ~-~-> 00:08:55,170 |about what I mean by that when we actually break down the market maker profile, because every one of these profiles is ambiguous. Okay. In other words, it can
46 +|45 |00:08:55,170 ~-~-> 00:09:06,540 |be viewed even though I present it as a bullish market profile, you may hone in on one aspect of this specific prat fractal. And you may say, Well, this is a
47 +|46 |00:09:06,540 ~-~-> 00:09:17,160 |pattern I see clearly. And I'll present it in this presentation as a bi model. But you may see the opportunities in here to sell, okay, and believe me, this
48 +|47 |00:09:17,160 ~-~-> 00:09:29,910 |will make much more sense when we started looking at it. But if that's what you see, that's how you trade, okay? And don't discount that. Okay, and rewind that
49 +|48 |00:09:29,910 ~-~-> 00:09:40,740 |for a second. If you're, if you're listening to the playback, go back a couple seconds and hear that, again. That specific aspect of this fractal pattern, if
50 +|49 |00:09:40,740 ~-~-> 00:09:52,980 |you specifically see the selling aspect of a buy model, that's your niche. That's your framework to start trading, okay. All you need is a small little
51 +|50 |00:09:53,100 ~-~-> 00:10:00,000 |segment of the marketplace to be profitable. Okay, that's what you're doing this for. You're not in here to impress your wife and I'm here to press your husband
52 +|51 |00:10:00,000 ~-~-> 00:10:05,880 |how smart you are. You don't want to go back to high school and say, you know, do your physics teachers, hey, look at this, you know, I told you I was gonna
53 +|52 |00:10:05,880 ~-~-> 00:10:14,610 |amount to something. I'm a forex trader, okay? That's not that's not your goal, okay. And if it is you prioritize make it back to getting profitability, okay?
54 +|53 |00:10:15,300 ~-~-> 00:10:23,040 |Keep the ego out of it. So, with all that, you know, I could go on and on and on here, let's look at the actual market maker profile.
55 +|54 |00:10:29,640 ~-~-> 00:10:39,030 |Okay, this is the market maker profile for the buy model. Okay, and what this specifically is detailing here and it looks rather Elementary, it looks rather
56 +|55 |00:10:39,030 ~-~-> 00:10:54,510 |simplistic, but I assure you, it's conceptually how I trade okay. This overall diagram is the basis on how I can anticipate price action, I can anticipate and
57 +|56 |00:10:54,510 ~-~-> 00:11:07,140 |specific targets, I can anticipate reversals, I can anticipate continuations, I can anticipate pauses I can anticipate price retesting previous support and
58 +|57 |00:11:07,140 ~-~-> 00:11:20,430 |resistance okay everything that I do internally as a trader can be summarized with this very pattern right here okay. And basically the the concept is simply
59 +|58 |00:11:20,430 ~-~-> 00:11:33,360 |looking at how price in here okay yet you find a resistance level okay and in here this green box is delineating consolidation. This consolidation is
60 +|59 |00:11:33,390 ~-~-> 00:11:45,210 |essentially happening or occurring rather around a higher time frame hopefully nothing less than a one hour basis resistance level okay. So the top of this
61 +|60 |00:11:45,240 ~-~-> 00:11:58,080 |range in here really is assuming that we see a resistance level here. So while price is in this consolidation, as a prep as a pattern trader, you would be
62 +|61 |00:11:58,080 ~-~-> 00:12:11,160 |hunting climax reversal types patterns, okay? Those being MACD divergence, bearish. type one bearish stochastic divergence, an ICT reflection, optimal
63 +|62 |00:12:11,160 ~-~-> 00:12:25,260 |trade entry cell, okay, turtle soup cell. Okay, so those types of patterns, okay, or hammer or lie guys call them pin bars. Okay, if you see that in
64 +|63 |00:12:25,260 ~-~-> 00:12:36,990 |candlesticks up here, that end is this implied resistance level. Those are all patterns that you would look for. Okay? So you have a resistance level here. You
65 +|64 |00:12:36,990 ~-~-> 00:12:48,810 |have a confluence of price pattern. That could be a candlestick like a bearish hammer, it could be railroad tracks, it could be tweezers. It could be on a
66 +|65 |00:12:48,810 ~-~-> 00:12:59,400 |whole slew of different types of candlestick patterns, but associate that also with an ICT reflection on optimal trade entry in here, something else and maybe
67 +|66 |00:12:59,400 ~-~-> 00:13:08,970 |even if you're going to be utilizing an indicator and not stressing out here by now it's probably a foreign word to purist. But if you can find something
68 +|67 |00:13:09,000 ~-~-> 00:13:18,960 |indicator wise to support it also. Yeah, it's just something else that you would you look to see what other traders may be factoring in to current market
69 +|68 |00:13:18,960 ~-~-> 00:13:27,000 |sentiment. Okay, so obviously, you'd be looking for something on the very short term in here as an overbought reading, maybe stochastics, RSI, whatever
70 +|69 |00:13:27,000 ~-~-> 00:13:37,740 |oscillator you use waiting for sonar, anything that is you would be looking for an overbought reading in this in this consolidation area. Now once market
71 +|70 |00:13:37,740 ~-~-> 00:13:44,520 |structure breaks down, okay, and again, we're going to talk about market structure and going in greater detail and how I use it. But right now we're just
72 +|71 |00:13:44,520 ~-~-> 00:13:54,720 |giving them a brief summary or an overview, if you will. market structure breaks, it trades below the range low here. Okay, when we see that we enter a
73 +|72 |00:13:54,720 ~-~-> 00:14:05,610 |new phase and the market profile, this red box delineates a new phase or segment of the overall profile. Now the reason why it's red, okay, in case you're
74 +|73 |00:14:05,610 ~-~-> 00:14:16,950 |wondering, what's the deal with all these colors, why you must gotta be specific as well. To me, I'm on alert. Okay, this is a red alert type segment of this
75 +|74 |00:14:16,950 ~-~-> 00:14:27,870 |market profile, or this fractal pattern that I'm looking at in price. Now, this overall price swing down to present a buying opportunity. This could be present
76 +|75 |00:14:27,870 ~-~-> 00:14:36,810 |on a one minute chart. Again, I do not trade with a one minute chart, but you can see this pattern falling on one minute. I look for it on five minute 15
77 +|76 |00:14:36,810 ~-~-> 00:14:47,640 |minute, one hour, four hour and daily. Okay? So by having those timeframes, okay, and an understanding of hard times, support resistance levels. When I see
78 +|77 |00:14:47,640 ~-~-> 00:14:55,290 |this pattern unfolding, it makes trading for me. And obviously when you understand how it works for yourself, makes it very easy to anticipate, okay,
79 +|78 |00:14:55,290 ~-~-> 00:14:56,850 |that's what you want. As a trader, you want to be able to
80 +|79 |00:14:56,850 ~-~-> 00:15:05,790 |anticipate things, expect specific things unfold In price action, and and get yourself in sync with your anticipation of what price hopefully may do, but
81 +|80 |00:15:05,790 ~-~-> 00:15:13,920 |there's no guarantee that's going to do that. So that's the reason why we use stop losses. So getting back to this box here, why is it red? Well, once we
82 +|81 |00:15:13,920 ~-~-> 00:15:24,000 |break out of this consolidation here, okay, and that specific price point, I'm anticipating a retest of this specific support level now broken, it's going to
83 +|82 |00:15:24,000 ~-~-> 00:15:34,080 |be hopefully, a resistance point. Okay, so if price can trade back up into that point, I'm going to sell okay in here if I missed this opportunity, so this
84 +|83 |00:15:34,080 ~-~-> 00:15:43,710 |here, this high in here, in this red box, there are several patterns you can utilize for trading here, you can use a turtle soup cell pattern, you could use
85 +|84 |00:15:43,710 ~-~-> 00:15:53,070 |an ICT reflection pattern, you can use a type two trend following, which is a higher stochastics overbought reading here comparable to this previous high
86 +|85 |00:15:53,070 ~-~-> 00:16:02,070 |here. Okay, between this high in this high you'll see overbought readings on the stochastic. But this reading here, when this high in price does the cast will be
87 +|86 |00:16:02,070 ~-~-> 00:16:11,100 |even higher in terms of being overbought. So that's a type two trend falling or you may know it as a hidden divergence. Okay bearish. But again, it's a nickname
88 +|87 |00:16:11,100 ~-~-> 00:16:22,710 |nice. divergence is trend falling in nature and he dubbed it as a type two trend falling. Or you could see a type one bearish divergence in here on this little
89 +|88 |00:16:22,710 ~-~-> 00:16:30,600 |small little range in here as well, or you could see an ICT Grail, which is an optimal trade entry from this high to the low in here. And wherever it retraces
90 +|89 |00:16:30,600 ~-~-> 00:16:40,290 |up into. It could be a type two trend following with that optimal trade entry, which makes it an ICT Grail pattern. Again, if you don't know what these things
91 +|90 |00:16:40,290 ~-~-> 00:16:49,830 |are, um, more or less driving you back to the previous course videos, and it's in the high probability price patterns video. Okay, you'll learn all about those
92 +|91 |00:16:49,830 ~-~-> 00:17:00,600 |price patterns in that video module. This red box here could also present you an ICT Stinger sell signal, which is a optimal trade entry with a tight to trend
93 +|92 |00:17:00,780 ~-~-> 00:17:10,140 |trend following bearish divergence within the second overbought reading here. This will be a type one bearish divergence. That's what an ICT singer is that's
94 +|93 |00:17:10,140 ~-~-> 00:17:19,980 |a type one within a type two with an optimal trade entry Confluence at a implied resistance level, which would be here. Okay. Now, getting back to the reason why
95 +|94 |00:17:19,980 ~-~-> 00:17:33,030 |it's red. I don't have to see it retest here. Okay, so this area here, this is the one that has a lot of ifs, okay, it could break out and never retest that.
96 +|95 |00:17:33,360 ~-~-> 00:17:43,380 |Okay, on strong markets, it will just continue, pause, Bear Flag in here, and then move lower going down into the implied support level. Okay. So this area
97 +|96 |00:17:43,380 ~-~-> 00:17:52,470 |here, it can retest, I'd like to see that ideally, but don't necessarily have to have that. Okay. Now, what does that mean, for you as a trader in here, on short
98 +|97 |00:17:52,470 ~-~-> 00:18:01,170 |term basis, if you see this pattern folding over an hourly basis, this could be as much as 30 pips or 50 pips here. Okay. And you start seeing this pause in
99 +|98 |00:18:01,170 ~-~-> 00:18:08,640 |here, you know, you probably got a good leg before trades down into a higher time frame support level. Whoa, what am I talking about selling short, this is
100 +|99 |00:18:08,640 ~-~-> 00:18:18,000 |supposed to be a bar model. Yeah, you see what I'm talking about, if you see this price pattern unfolding in your charts, okay, and it's clear that you
101 +|100 |00:18:18,000 ~-~-> 00:18:28,950 |understand this leg is going down, but just know, don't have the confidence needed to be buying boldface support levels here. Okay, you would end up
102 +|101 |00:18:28,950 ~-~-> 00:18:38,340 |catching the buy, maybe on this side here after the breakout and the break in market structure, then a retest and then maybe you're a good candidate to be a
103 +|102 |00:18:38,340 ~-~-> 00:18:47,730 |buyer there. But not necessarily down here in the gray area. If you see this pattern as a sell, obviously, don't be limited by bias descriptions. Okay, to
104 +|103 |00:18:47,730 ~-~-> 00:18:56,280 |me, this is a buy model, because I'm more focused on this higher timeframe. Swing lower because the markets being engineered to go lower into a key support
105 +|104 |00:18:56,280 ~-~-> 00:19:06,780 |level that I would imply or expect rather to see price bounce down here, assuming there's at higher timeframe, monthly, weekly daily, for our one hour
106 +|105 |00:19:06,780 ~-~-> 00:19:18,570 |support level down here to anticipate a price movement higher. Now, assuming that we saw a price move out of this area here, okay, that's fine. It goes down
107 +|106 |00:19:18,570 ~-~-> 00:19:27,510 |to the level we're anticipating a support level to be unfolding. When we get to this area, this is the gray area because we don't necessarily know that that
108 +|107 |00:19:27,510 ~-~-> 00:19:36,480 |support level is going to provide support at all. Okay, you may get a small little bounce and this area here. This is where you want to take first profit.
109 +|108 |00:19:36,510 ~-~-> 00:19:45,630 |Why is it blue? Okay, and why is this one blue? Because if you do buy down here on the support level, okay, that would be down here that we're assuming based on
110 +|109 |00:19:45,630 ~-~-> 00:19:46,770 |a higher time frame premise.
111 +|110 |00:19:48,360 ~-~-> 00:20:01,740 |Look at the range. Okay, you have this high to this low as price starts to move up. Okay. If we start getting back to old support, bro can now resistance, this
112 +|111 |00:20:01,740 ~-~-> 00:20:11,880 |could be an optimal trade entry to continue even lower. So you want to take some profits here, move your stop to break even. Okay, and then have your remaining
113 +|112 |00:20:11,880 ~-~-> 00:20:22,590 |portion of the trade reach for what level here, this one here now this in this specific point here, you could see a type two trend following an optimal trade
114 +|113 |00:20:22,590 ~-~-> 00:20:35,580 |entry for an additional buy again, okay, Bull flag in here, rallies on up. And in here between both these blue boxes or even the lows in here. ICT Stinger buys
115 +|114 |00:20:35,610 ~-~-> 00:20:45,780 |ICT Grails, okay type two trend following those patterns could be seen on the upside in here. So that's how you hunt those. Okay, anticipate those types of
116 +|115 |00:20:45,780 ~-~-> 00:20:56,100 |patterns forming on the impulse move up away from the higher timeframe support level. What say specific about this area, well go back to the range, here's the
117 +|116 |00:20:56,100 ~-~-> 00:21:04,260 |high down to the low, you want to be taking some profits here because you may be pulling up into an optimal trade entry based on this previous range here to
118 +|117 |00:21:04,260 ~-~-> 00:21:16,830 |here. So why not take some off again, but still leave that stop down here. Okay, don't move the stop until we break out of this area here, it's got to cancel out
119 +|118 |00:21:17,490 ~-~-> 00:21:28,500 |this optimal trade entry from this high to this low. Because this one here, the second little blue box here. This could be a continuation. Okay, more, I'll talk
120 +|119 |00:21:28,500 ~-~-> 00:21:41,520 |about that later on. It's a bi model that really is transforming or mutates into a continuation lower. Okay. And it'll be a trend following going lower. And
121 +|120 |00:21:41,520 ~-~-> 00:21:50,070 |we'll talk about that again in greater detail actually walk through it. Now as price goes on higher, obviously, this previous consolidation, those participants
122 +|121 |00:21:50,070 ~-~-> 00:22:00,180 |that are higher timeframe premise or position traders, they're not going to be in a rush to lower stops down above this high or this high. Okay, they're
123 +|122 |00:22:00,180 ~-~-> 00:22:10,320 |willing to sit back and allow price to retrace deeper, but their stop loss order is going to be resting rate above this highs. That's where you take your profits
124 +|123 |00:22:10,320 ~-~-> 00:22:21,840 |on your short term trading. Okay, always look to take your profits on short term trades at logical areas of stops. Okay. Any previous highs? Okay, as price moves
125 +|124 |00:22:21,840 ~-~-> 00:22:31,290 |up, look to take profits there, because there's a pocket of liquidity that will offer many times outstanding areas to take profits. Now, why do you take
126 +|125 |00:22:31,290 ~-~-> 00:22:42,810 |majority if not all your position off here? Because this could be a reversal and trade very, very deep into the range between the low made here and the high here
127 +|126 |00:22:43,170 ~-~-> 00:22:55,320 |or the low here to the higher? Why sitting through all that drawdown without taking profit? It doesn't make any sense to me. Okay, this low here to this high
128 +|127 |00:22:55,740 ~-~-> 00:23:06,510 |that range, we could be deep, deeper in terms of retracement and still overall trade higher. Okay, but take some profits, or here's the here's what could
129 +|128 |00:23:06,510 ~-~-> 00:23:15,300 |really happen. You could take this position and see profit all the way up here and never take anything off. And watch it come all the way down and trade in
130 +|129 |00:23:15,300 ~-~-> 00:23:25,620 |reverse completely against you. That can happen guys. I know it doesn't seem like it could because we all want to be right. But it's not about being right.
131 +|130 |00:23:26,040 ~-~-> 00:23:27,180 |Okay, it's about being profitable.
132 +|131 |00:23:32,610 ~-~-> 00:23:42,420 |Alright, let's look at a market maker sell model. Okay, this one here, this is actually how I learned this pattern. I saw this pattern before I saw the buy
133 +|132 |00:23:42,420 ~-~-> 00:23:54,150 |model and it's because I My belief is I think the market is predisposed to go up. Everybody thinks buy and hold and buy then sell it. So to me, this pattern
134 +|133 |00:23:54,150 ~-~-> 00:24:03,690 |makes more sense to me. But usually you see a consolidation a support level price makes an impulse move up, okay and comes back down doesn't have to find
135 +|134 |00:24:03,750 ~-~-> 00:24:13,350 |old resistance broken now support and bull flags in here. Now you can get a type to trend following in here. A lot of the continuation patterns we discussed
136 +|135 |00:24:13,380 ~-~-> 00:24:26,460 |earlier. turtle soup, false. Previous low taken out raw stop rate or something that effect moving up into a higher timeframe key resistance level. Okay? So
137 +|136 |00:24:26,460 ~-~-> 00:24:36,720 |you're anticipating the consolidation to run up into a higher timeframe resistance, then a break down. Okay, and then obviously, every test is what
138 +|137 |00:24:36,720 ~-~-> 00:24:52,680 |we're looking for. Okay, but over here, the focus is now going to be on one are we seeing trend following signals like type two, ICT stingers? Grails okay to
139 +|138 |00:24:53,040 ~-~-> 00:25:00,630 |imply continuation moving lower, bare flags, something of that nature because when market structure breaks in here, and we're gonna take a look Examples of
140 +|139 |00:25:00,630 ~-~-> 00:25:12,150 |that, we want to see lower prices, because this area here will be an area of pockets of stops resting right below that, that's what we're capitalizing on. We
141 +|140 |00:25:12,150 ~-~-> 00:25:20,610 |want to get short at a resistance level. But this is a gray area. Again, we don't know with any great certainty, or, you know, assurity really that this is
142 +|141 |00:25:20,610 ~-~-> 00:25:31,170 |going to be a high, we're trading it with the anticipation that it will be based on a resistance level that we may see up here, based on a monthly, weekly, daily
143 +|142 |00:25:31,200 ~-~-> 00:25:39,330 |for our nothing less than one hour basis. So this swing lowers what we're looking to capitalize on down into this area where we would run the previous
144 +|143 |00:25:39,420 ~-~-> 00:25:49,350 |consolidations area of stops. Okay. Now, again, going back to that same premise, why don't I give you specific details on how to trade it with a specific plan.
145 +|144 |00:25:49,860 ~-~-> 00:26:01,650 |Conceptually, you may see this as this area as a buy in this area to take your profits or trigger stop loss and then eventually get tagged out. And that's your
146 +|145 |00:26:01,650 ~-~-> 00:26:10,830 |profit from maybe in the consolidation, buying an awful trade entry by here, or an ICT reflection in here or an s&p bullish divergence, something that's a
147 +|146 |00:26:10,830 ~-~-> 00:26:20,970 |climax reversal, could be a reason to be getting long in here. And this is your confirmation here, maybe even bought this, okay. And then looking forward to
148 +|147 |00:26:20,970 ~-~-> 00:26:31,770 |moving in higher, you know, this could be your trade, this consolidation or pause to here or consolidation beginning to end here, this be their whole
149 +|148 |00:26:31,950 ~-~-> 00:26:43,830 |trading career. This is this one pattern, this one portion of the fractal just so you can see how it could be utilized. And again, I don't teach this and I
150 +|149 |00:26:43,830 ~-~-> 00:26:53,250 |don't advocate it, but just so you can see it, you could be a scalper and see a higher timeframe resistance level like that. And then when price breaks down in
151 +|150 |00:26:53,250 ~-~-> 00:27:00,420 |here, these smaller little price swings inside this area here, using fit extensions, you could be taking profits down here, and this could be your
152 +|151 |00:27:00,420 ~-~-> 00:27:10,080 |scalping career right here. Okay, you could be doing that once a day. And then just be done, make 10 1520 pips and be walking in walk out the door and sealer.
153 +|152 |00:27:10,800 ~-~-> 00:27:19,530 |Again, I don't trade like that. I don't teach that. But I just want to show you the universalism to this pattern. It's easily applied to all types of trading
154 +|153 |00:27:19,530 ~-~-> 00:27:29,370 |styles. But generally, we're looking for this area here to sell into a higher timeframe resistance level with this premise unfolding. Okay, the larger leg and
155 +|154 |00:27:29,370 ~-~-> 00:27:37,680 |price is going to be the high down to the low blowing out the previous consolidation. Alright. Now some of you probably already recognize this pattern
156 +|155 |00:27:37,710 ~-~-> 00:27:47,490 |that seen my London open trading video that I released a couple years ago, but I took down because I really wasn't pleased with the overall presentation of it.
157 +|156 |00:27:47,520 ~-~-> 00:28:00,000 |So I am revamping it. And that's what part seven is really highlighting. It's this the centerfold or flagship of that module, my London open tactics, but this
158 +|157 |00:28:00,330 ~-~-> 00:28:12,300 |area here, between here this high in this low, this is the lions portion of the move. And this is a very easy aspect of this route fractal this this pattern or
159 +|158 |00:28:12,300 ~-~-> 00:28:22,230 |leg of the pattern is what we're looking for. Okay, now inside these red boxes, you could see type two trend following again is the reflections.
160 +|159 |00:28:23,880 ~-~-> 00:28:32,370 |continuation patterns of all sorts, okay? And obviously optimal trade entries from previous highs retracing, okay, and every retracement should set up into
161 +|160 |00:28:32,370 ~-~-> 00:28:40,320 |another optimal trade entry going lower reaching for this area of consolidation, where underneath it will be resting stops. And again, we're looking to take
162 +|161 |00:28:40,320 ~-~-> 00:28:44,730 |profits at logical areas of where stop loss orders would be. Okay.
163 +|162 |00:28:50,880 ~-~-> 00:29:01,830 |All right market structure. Oh, look at this. It's not the best, obviously, but it will accomplish the means I'm sure. When you're looking at price action,
164 +|163 |00:29:02,070 ~-~-> 00:29:12,960 |okay. It's probably easier. Okay. And this is how I did it as well, on my computer, when I started utilizing computer charting, and not use paper
165 +|164 |00:29:12,960 ~-~-> 00:29:20,490 |charting, because I started as commodity trader and actually actually drew my bars vertically, put a little open tick to the left and close tick to the right.
166 +|165 |00:29:20,910 ~-~-> 00:29:26,850 |And I did that for all the commodities I traded. And at the time, I was doing about 15 different markets, which is stupid because I didn't know what I was
167 +|166 |00:29:26,850 ~-~-> 00:29:41,580 |doing. I thought I had been everything. But I learned Hey, I found out by taking a step back. Okay, and looking at the charts on my screen from across the room,
168 +|167 |00:29:41,670 ~-~-> 00:29:53,760 |I could see the price swings, very easy that way. And it really was the premise that I was always too zoomed in. I needed to be on that one minute chart. I need
169 +|168 |00:29:53,760 ~-~-> 00:30:01,350 |to be on that five minute chart because that's where the money is going to happen. And that's not how it works. Okay, so this depiction of market
170 +|169 |00:30:01,350 ~-~-> 00:30:10,530 |structure. Hopefully, if you don't see this, try that. Put your computer screen on and watch this video or watch your charts. Okay, and instead across the room,
171 +|170 |00:30:10,920 ~-~-> 00:30:21,180 |okay, and just look at it. Do you see the price swings on this chart? It's obviously not a price chart. It's a hand drawn diagram that I've made in just
172 +|171 |00:30:21,750 ~-~-> 00:30:34,230 |paint on the computer. Okay, just for simple, crude demonstration. But hopefully you can see the price swings. Here you have this leg up. Then you have this leg
173 +|172 |00:30:34,230 ~-~-> 00:30:46,170 |down. retracement, then you have the second leg lower, you have this price swing up, you have a retracement then you had a second leg up. Okay? Now looking at
174 +|173 |00:30:46,170 ~-~-> 00:30:57,150 |that you can see peaks and troughs, highs and lows. Okay. And that looks more or less like this. Okay, you can see that we do have short term highs and lows in
175 +|174 |00:30:57,150 ~-~-> 00:31:08,400 |the marketplace here, assuming this is a currency pair or a stock. Now these little circles, okay are essentially what we used to call ring highs and ring
176 +|175 |00:31:08,400 ~-~-> 00:31:17,790 |lows. Okay, this is a premise I learned from Larry Williams. And whenever the market made a short term high or low, that would be a low with two higher lows
177 +|176 |00:31:17,820 ~-~-> 00:31:26,640 |on both sides of it. So it's a three bar pattern. And whenever you had a high with a lower high on both sides of it, again, three bar pattern, that's a swing
178 +|177 |00:31:26,640 ~-~-> 00:31:37,830 |high. Whenever that appeared on our daily charts, we would make a little ring around that or circle. Okay, and how those levels mapped out comparable to each
179 +|178 |00:31:37,860 ~-~-> 00:31:47,310 |other. Okay, you can discern the overall trend of the marketplace without having trend lines on your chart, without having moving averages on your chart without
180 +|179 |00:31:47,310 ~-~-> 00:31:58,140 |having any real anything, just except for price price telling you what the trend is okay. And because I'm a swing trader by nature, this to me makes greater
181 +|180 |00:31:58,140 ~-~-> 00:32:07,140 |sense than having moving averages trend lines, and looking for that picture perfect trend line or trend up or trend down. They don't last like that, guys,
182 +|181 |00:32:07,140 ~-~-> 00:32:15,570 |and when you see it clearly as a trend, it's over. Okay, that's about when it's reversing, or it's about the reverse soon. So by looking at price in terms of
183 +|182 |00:32:15,570 ~-~-> 00:32:26,730 |swings, okay, that's what helped me as a trader, taking small segments of the market and breaking it down incrementally module, okay. And in digesting it like
184 +|183 |00:32:26,730 ~-~-> 00:32:37,860 |that, I learned that you can be very consistent, and seeing where specific price moves up and down will unfold. But looking at this chart here, it's pretty
185 +|184 |00:32:37,860 ~-~-> 00:32:52,050 |obvious that these are short term highs and lows. But if you haven't already noticed, there's other highs and lows here. Notice that we have the blue rings
186 +|185 |00:32:52,050 ~-~-> 00:33:05,430 |here. Okay. These little areas are intermediate term highs and lows. Sounds cool, doesn't it? Well, essentially, what that means is, is you're you have a
187 +|186 |00:33:05,430 ~-~-> 00:33:13,650 |high. And now I'm assuming here that there was something on the other side here. So again, this is just a crude demonstration of what I see in the marketplace in
188 +|187 |00:33:13,650 ~-~-> 00:33:23,940 |terms of market structure. As a lot of guys on YouTube talking about market structure, a lot of forex quote unquote mentors, talking about market structure,
189 +|188 |00:33:24,030 ~-~-> 00:33:35,490 |okay, but I don't think they utilize it in the capacity that I'm teaching here. And I'm not claiming originality here guys, I'm all I'm doing is passing the
190 +|189 |00:33:35,490 ~-~-> 00:33:42,870 |baton to you. I learned it from Larry Williams, one of the best traders there is in terms of price action. And
191 +|190 |00:33:44,490 ~-~-> 00:33:55,980 |you may see him as a price trader in terms of price patterns. But you know, his early works in terms of market structure and that nature to manage this time
192 +|191 |00:33:55,980 ~-~-> 00:34:07,710 |timeless, they are absolutely gems, if you can get hold anything Larry Williams did early on all his his books, great things, it's good. Looking at this overall
193 +|192 |00:34:08,730 ~-~-> 00:34:21,660 |crew diagram, okay, now by looking at it, when you see a short term high here with a high and a short term, high lower center, what you have a high here with
194 +|193 |00:34:21,690 ~-~-> 00:34:35,010 |a lower high on both sides of it. This is an intermediate term high. Okay. If you have a enemy term high over here, with an intermediate term high over here,
195 +|194 |00:34:36,450 ~-~-> 00:34:45,210 |this makes this a long term high. So intermediate term high and long term highs and lows. Those are the specific swings in the marketplace that you're looking
196 +|195 |00:34:45,210 ~-~-> 00:34:59,490 |for. So having a market or chart rather, noting all the swing highs and lows on a short term basis. It may seem daunting at first, but by doing that, you'll
197 +|196 |00:34:59,490 ~-~-> 00:35:11,190 |start seeing There's specific highs that are higher than to previous short term highs. Again, that being an enemy term high, if you see that enemy term high
198 +|197 |00:35:11,220 ~-~-> 00:35:23,370 |with lower enemy term highs on both sides of it, that will classify that as a long term high. Okay. Now as price breaks down, okay, and you start seeing
199 +|198 |00:35:23,370 ~-~-> 00:35:34,080 |intermediate term lows, and you have another enemy at term low, if we break market structure at any time in here, okay, and that means breaking short, short
200 +|199 |00:35:34,080 ~-~-> 00:35:46,590 |term highs and lows in here. We break this short term high here. Now market structures broken to the upside. Okay, price comes down makes a low, but it
201 +|200 |00:35:46,590 ~-~-> 00:35:56,220 |never breaks that long term or intermediate term low here. It rallies up and again breaks its previous high here. So we're breaking highs and maintaining
202 +|201 |00:35:56,220 ~-~-> 00:36:07,380 |higher lows. Okay. Do you see a trend line on this chart? No. You don't need them. Okay. Do you see a moving average on this chart? No, you don't need them.
203 +|202 |00:36:07,710 ~-~-> 00:36:17,130 |Okay. So as price starts to break highs in here, you see market structure being bullish. Eventually, at some point, you'll see the intermediate term high here
204 +|203 |00:36:17,130 ~-~-> 00:36:30,660 |formed. Now look, here is the the main thing I want you to say. If you missed this, getting long, and you miss this opportunity to get long in sync with it,
205 +|204 |00:36:30,990 ~-~-> 00:36:45,540 |if you see an enemy a term Hi, take out a previous intermediate term. Hi. Is market structure bullish or bearish? It's bullish. Okay. It's bullish. So even
206 +|205 |00:36:45,540 ~-~-> 00:36:54,900 |though you'll start seeing these short term lows and highs in here, I think this is what gets everybody confused is okay. Well, market flow has broken to the
207 +|206 |00:36:54,900 ~-~-> 00:37:06,780 |downside here. So now I'm only going to be looking to the seller. Why? Why why what do you think and that's not as important as the overall market structure.
208 +|207 |00:37:07,170 ~-~-> 00:37:16,410 |Market flow is going to go up and down all the time, then upon whatever timeframe you're looking at. If this is a daily chart, okay, this being a
209 +|208 |00:37:16,410 ~-~-> 00:37:26,820 |bearish market flow here, that's fine. If you're a day trader, you might even see trade lower. But generally, you're in a bullish market environment has this
210 +|209 |00:37:27,000 ~-~-> 00:37:36,600 |intermediate term hide broke above a previous intermediate term high? So the trend okay is bullish, the market structure is bullish, I would expect to see
211 +|210 |00:37:36,870 ~-~-> 00:37:46,230 |expansion to the upside, okay, or another new leg up? What do you mean by that? What's the previous leg? Well, here's the enemy term high. Whereas me term low
212 +|211 |00:37:46,230 ~-~-> 00:37:55,800 |or long term low prior to it down here. So I'll be utilizing this swing from this low to this high. At some point when the market makes a low that's
213 +|212 |00:37:55,800 ~-~-> 00:38:04,020 |tradable. Okay, I would look for that same price moving from this high to this loan terms of range, I would add it to whatever that buying point is to the
214 +|213 |00:38:04,020 ~-~-> 00:38:15,540 |upside. Okay, and that would give me give me my measured move type of analysis. Okay. So even though we'd start seeing all these little short term lows
215 +|214 |00:38:15,540 ~-~-> 00:38:24,120 |breaking, and it looks like market flow, which is not what I'm teaching here, I'm teaching market structure. Okay, because that's, to me is much more
216 +|215 |00:38:24,150 ~-~-> 00:38:36,000 |significant, much more stronger in terms of analysis that break above an intermediate term high here. That to me is significant, because now even though
217 +|216 |00:38:36,000 ~-~-> 00:38:40,140 |we see a retracement, all that's going to be is a low
218 +|217 |00:38:41,460 ~-~-> 00:38:48,960 |to that intermediate term high as it retraces, what's it going to go, it's going to retrace down to optimal trade entry. I'm gonna buy that. And once it has its
219 +|218 |00:38:48,960 ~-~-> 00:38:56,160 |first impulse off of that, if I missed it, the first retracement there, that's where I'm buying for an optimal trade history. So this is how you start
220 +|219 |00:38:56,160 ~-~-> 00:39:06,600 |anticipating, okay, these fractal patterns to unfold, okay, these buy and sell models on the market maker profile. Okay, because you'll start seeing these
221 +|220 |00:39:06,600 ~-~-> 00:39:21,900 |things unfold with this premise in mind. Okay, so we've hopefully arrived that where we determine a bullish or bearish market structure. Okay. All right, we
222 +|221 |00:39:21,900 ~-~-> 00:39:36,720 |are looking at a mountain not a mountain guys, this is depicting a rather crude overall swing high, okay, or a upswing in the marketplace, okay, that we would
223 +|222 |00:39:36,750 ~-~-> 00:39:48,840 |utilize for going short. Okay, because our belief as professional traders using technical analysis and price action, price action is engineered to go up first
224 +|223 |00:39:48,990 ~-~-> 00:40:04,980 |to go down. Okay, so price goes up to go down, and price goes down to go up. Looking at this crude depiction of a market swing up If you add to that levels
225 +|224 |00:40:04,980 ~-~-> 00:40:15,990 |of predetermine key support resistance levels, okay. In other words you would anticipate, okay, you're going to anticipate at some point over here, price may
226 +|225 |00:40:15,990 ~-~-> 00:40:29,310 |rally up, but as price rallies up, okay, if we have a bullish market structure, think now if price is trading around in this area here if prices at this point,
227 +|226 |00:40:29,940 ~-~-> 00:40:40,380 |bullish on the market structure, and this is a key support resistance level, okay, if price is going up to it, do we anticipate price to trade here and trade
228 +|227 |00:40:40,380 ~-~-> 00:40:52,230 |lower? Or do we anticipate price breaking that and coming back to it and finding support? Hopefully the ladder, okay, the higher time frame premise is going to
229 +|228 |00:40:52,230 ~-~-> 00:41:03,930 |have more weight. So if we are looking for bullish prices, we're going to have more influence or expectation rather, on seeing support and resistance levels
230 +|229 |00:41:03,930 ~-~-> 00:41:13,350 |being broken to the upside, and eventually coming back and finding support. So these levels, we would have more credibility established on the fact that it's
231 +|230 |00:41:13,350 ~-~-> 00:41:21,930 |going to break as resistance but then come back and find that as support. Same thing here is price rallies up through this level here, we expected to give way
232 +|231 |00:41:21,930 ~-~-> 00:41:30,480 |on the upside, but then find likely support here later on. Okay, if it trades back to it. Same thing, as we're trading up to these resistance levels, we're
233 +|232 |00:41:30,480 ~-~-> 00:41:40,860 |gonna anticipate price giving way as broken resistance but will lend support. Okay, again, we get to a higher timeframe key resistance level, okay? When we
234 +|233 |00:41:40,860 ~-~-> 00:41:51,900 |see this, this may be a very hard timeframe daily, weekly, monthly, okay, or it could be a big figure on top of it. It could be a monthly high on top of a key
235 +|234 |00:41:51,900 ~-~-> 00:42:01,770 |resistance level, a lot of factors overlapping this specific price point, making it a key level, we wouldn't anticipate the reversal here. And then obviously,
236 +|235 |00:42:02,190 ~-~-> 00:42:10,740 |with that expectation, we want to dissipate The support levels to start breaking down. And then once they're broken, we would anticipate those support levels to
237 +|236 |00:42:10,740 ~-~-> 00:42:21,420 |be more influential in price in terms of resistance. Okay, and again, going lower this level here, we wouldn't see it give way as support, break it and will
238 +|237 |00:42:21,420 ~-~-> 00:42:31,140 |permit price to come back to it but lend and anticipate it to be as resistance. As price moves lower. Again, we wouldn't see support be broken. But we would be
239 +|238 |00:42:31,140 ~-~-> 00:42:38,970 |comfortable with it being retested as resistance and then trading lower obviously into our objectives. So what does that really look like in terms of
240 +|239 |00:42:38,970 ~-~-> 00:42:44,490 |price swings with that same model? Well, here's a crude example. Obviously,
241 +|240 |00:42:45,780 ~-~-> 00:42:55,080 |we'd see price straight up to these levels, maybe even offer very, very short term resistance. And that was what we expect, okay, but we're really
242 +|241 |00:42:55,080 ~-~-> 00:43:05,190 |anticipating price to break through these levels as price moves higher, will permit price to find support there. But being cognizant to the fact that price
243 +|242 |00:43:05,250 ~-~-> 00:43:17,310 |is not going to always stop on a dime, allowing slipping through our predetermine levels. Now, when price does that this creates new shorter term
244 +|243 |00:43:17,490 ~-~-> 00:43:26,670 |support resistance levels. So while these may be hard timeframes support resistance levels, respectively. As price moves and gyrates between these
245 +|244 |00:43:26,670 ~-~-> 00:43:36,540 |levels, it's going to create new support resistance levels on a lower timeframe. So they're going to be useful to us in terms of short term trading. And
246 +|245 |00:43:37,140 ~-~-> 00:43:46,560 |obviously, the better signals will build around the higher time frame support resistance levels, but don't be afraid to take trades in sync with the overall
247 +|246 |00:43:46,560 ~-~-> 00:43:57,420 |model. Okay, or direction, if it provides it even if it's on a shorter term, so in other words, if this is a daily, okay, these short term lows in here could be
248 +|247 |00:43:57,420 ~-~-> 00:44:06,780 |traded on a one hour or 15 minute basis and surely with a five minute chart, okay, getting in sync with the higher timeframe surge up into a higher timeframe
249 +|248 |00:44:06,780 ~-~-> 00:44:16,470 |key resistance level and then slide lower on the other side of this fractal. Okay. So, again, as price starts to break down over here, market structure is
250 +|249 |00:44:16,470 ~-~-> 00:44:26,040 |broken, you can get your standard optimal trade entry bearish patterns, okay, and you will start seeing these levels provide you resistance, okay. And if it
251 +|250 |00:44:26,040 ~-~-> 00:44:34,680 |trades it to as support, it should be very short term, very little momentum up. Okay, that's what you're looking for. The key is, you want to see very little
252 +|251 |00:44:34,680 ~-~-> 00:44:43,920 |bounce to the upside. That's your clue that the level is going to break down as support but will be more influential as resistance on this side, much in the
253 +|252 |00:44:43,920 ~-~-> 00:44:53,220 |same capacity on the reverse, as prices moving up here that these levels will probably very short term resistance but eventually give way but be very
254 +|253 |00:44:53,220 ~-~-> 00:45:09,090 |influential in terms of finding support machines capacity of looking for price swings higher for selling dips in the marketplace, obviously, are no different
255 +|254 |00:45:09,090 ~-~-> 00:45:19,860 |just simply reversing the rules. Assuming that we do have key support levels, okay? These being noted here, same premise in mind that as price was moving
256 +|255 |00:45:19,860 ~-~-> 00:45:28,320 |lower, we're expecting these levels to break way. And if price trades back to them, again, they should lend resistance as price trades down into a higher
257 +|256 |00:45:28,320 ~-~-> 00:45:39,870 |timeframe key support level down here. We went anticipate that reversal here, okay. And this would be an ideal indication to apply the market maker profile
258 +|257 |00:45:39,870 ~-~-> 00:45:49,590 |for buying, okay, the buy model. And as price moves up higher, obviously, the resistance should be broken. But permitting price come back to find support,
259 +|258 |00:45:49,950 ~-~-> 00:45:59,490 |again, looking for price to break through, but allowing price to come back and find support. This is the overall price swing down. Okay, and the concept that I
260 +|259 |00:45:59,490 ~-~-> 00:46:10,200 |use for support resistance and how I measure and anticipate a specific price level. And if it's an overall profile that's bullish, I'm going to look for
261 +|260 |00:46:10,200 ~-~-> 00:46:23,130 |resistance to provide support more than resistance. Okay, and I'm looking for confirmation that in terms of price action, what does that look like? What a
262 +|261 |00:46:24,930 ~-~-> 00:46:34,590 |crude depiction of price, obviously, it looks like this levels providing short term support but getting away, coming back finding resistance, but permitting
263 +|262 |00:46:34,590 ~-~-> 00:46:45,630 |slipping, not expecting price to always stop on a dime. And looking for obviously, all these levels to give way but looking for more in terms of these
264 +|263 |00:46:45,630 ~-~-> 00:46:54,360 |levels as resistance than the RS support, then the higher timeframe support level, causing the reversal. This would be the market maker profile for the buy.
265 +|264 |00:46:54,750 ~-~-> 00:47:04,950 |And obviously looking for upside, breaking all levels as hopefully the market provides little to no resistance. But lending at these predetermine levels on a
266 +|265 |00:47:04,950 ~-~-> 00:47:12,810 |higher timeframe monthly, weekly, daily, four hour and one hour, nothing less than a one hour. Those levels that will be clearly discernible on those higher
267 +|266 |00:47:12,810 ~-~-> 00:47:15,720 |timeframes to provide support for price.
268 +|267 |00:47:22,230 ~-~-> 00:47:32,220 |Okay, we are looking at the Australian dollar, this is a daily chart. Okay, and some of you that were at the webinar that I did with Mr. Chris Laurie. We did a
269 +|268 |00:47:32,640 ~-~-> 00:47:44,190 |webinar together. And I highlighted this very level here and the one on 150 on the Australian dollar. And before we build on this example, I just want to
270 +|269 |00:47:44,190 ~-~-> 00:47:57,420 |clearly discern, and this is a real quick rehash of what was discovered in that presentation. If you use this low here, and the high here, this red line here is
271 +|270 |00:47:57,420 ~-~-> 00:48:09,000 |essentially around the 50% mark or level of the range between this high in this low. And it is a mid figure point. In other words, it's a 50 level one on 150.
272 +|271 |00:48:10,590 ~-~-> 00:48:21,810 |This area here is where we'd anticipate an opportunity to get long in here or a buy. Okay, so we're going to use this whole thing in terms of price action is a
273 +|272 |00:48:21,810 ~-~-> 00:48:32,070 |small little sampling, okay, to how you utilize this market maker profile. And not just the buying scenario, but we're also gonna look at how it could be
274 +|273 |00:48:32,070 ~-~-> 00:48:36,180 |utilized in that small little segment of price action, Hey, could be a seller as well.
275 +|274 |00:48:44,639 ~-~-> 00:48:58,469 |Alright, we are looking at this specific area in price. Okay, this little gray box is going to delineate the very nature of a market maker profile. We're going
276 +|275 |00:48:58,469 ~-~-> 00:49:11,159 |to talk about how using this reversal scenario, okay, because that's what this is. being taught here. I'm not teaching you trend following short term trading,
277 +|276 |00:49:11,159 ~-~-> 00:49:23,009 |like the short term trading video module does, okay, I emitted the reversal, okay, or pure support resistance plays. Okay, that's many times very difficult
278 +|277 |00:49:23,009 ~-~-> 00:49:31,709 |for a lot of traders to do. It's easy to trade with the trend and not I teach that first, because it's easy to do. This type of trading takes a little bit
279 +|278 |00:49:31,709 ~-~-> 00:49:40,289 |more finesse. It takes a lot of confidence in your ability to read price, and understand what key support resistance levels are. But obviously looking at
280 +|279 |00:49:40,319 ~-~-> 00:49:50,009 |daily chart, the one on 150 level and the fact that was a midpoint of that big large range and just put a one on 150 level on your chart and to study how many
281 +|280 |00:49:50,009 ~-~-> 00:49:59,909 |times it has been support resistance over the last number of years really, and you'll quickly discern that it is a key support resistance level. So we're going
282 +|281 |00:49:59,909 ~-~-> 00:50:09,599 |to drill down into the small little box here, okay, essentially and break this whole thing down and utilize the market maker profile in the Australian dollar.
283 +|282 |00:50:15,599 ~-~-> 00:50:28,379 |Alright, inside that gray box, there's a smaller little range. This small little range is where all of the busy bees were doing all their work, busy bees and
284 +|283 |00:50:28,379 ~-~-> 00:50:41,069 |this analogy is the smart money. Now, the smart money will accumulate during consolidations. Okay, and here's what I want you to think for a moment. Imagine
285 +|284 |00:50:41,069 ~-~-> 00:50:53,099 |smart money, the central banks and the big dealers. Okay, the guys that are the movers and shakers in the marketplace, okay? If this entity that we're going to,
286 +|285 |00:50:53,159 ~-~-> 00:51:03,929 |quote unquote, call smart money, okay, they are the big dogs that are big players in the industry. We're gonna, more or less think of them as a
287 +|286 |00:51:03,929 ~-~-> 00:51:16,619 |Tyrannosaurus Rex. Okay, the big dinosaur, okay, that is the carnivores of all carnivores. There they are it. Okay. apex predators by definition, if this big
288 +|287 |00:51:16,619 ~-~-> 00:51:29,519 |dinosaur, okay, wants to jump in the pool. Alright. And the poor being the marketplace. Let's assume for a moment, the dinosaur is smart money because it's
289 +|288 |00:51:29,519 ~-~-> 00:51:40,889 |so big, okay, it's so huge in terms of its ability to move the marketplace. If this dinosaur Smart Money jumps into the on the pole, what's going to happen?
290 +|289 |00:51:42,209 ~-~-> 00:51:51,299 |It's going to be a huge reaction to the water. Okay, in number one, the water levels gonna rise up quickly. Okay, and it's gonna make a big impact. Okay, a
291 +|290 |00:51:51,299 ~-~-> 00:52:02,669 |big splash in the market. You see that in price action, okay? If there's a lot of buying during consolidation, and price moves up out of that, okay, and it
292 +|291 |00:52:02,669 ~-~-> 00:52:16,769 |moves quickly. This dinosaur, okay knows that it can't buy a lot and not move the market. Okay, it's going to create a demand. So if it wants to assume a
293 +|292 |00:52:16,769 ~-~-> 00:52:27,539 |position, but once you get an average price, okay, in other words, smart money wants to get involved here, okay, it sees value here. It'll buy some, but
294 +|293 |00:52:27,539 ~-~-> 00:52:39,359 |because it buys it in such large quantities and creates a short term demand for it, okay, it will wane off its buying and allow price to move back to a more
295 +|294 |00:52:39,359 ~-~-> 00:52:48,779 |favorable point, okay, or equilibrium. Okay, and they'll buy a little bit more, okay. And as they buy, it'll rally up even more. Now, they don't want to draw
296 +|295 |00:52:48,779 ~-~-> 00:52:57,599 |too much attention. And they don't really want to see price move too far away what their average hopeful price would be. Okay. So they're looking at price
297 +|296 |00:52:57,659 ~-~-> 00:53:07,769 |eventually moving lower, okay, as moves back lower into that same consolidation area, this specific point is where they're going to accumulate more of that same
298 +|297 |00:53:07,769 ~-~-> 00:53:15,869 |position. Okay, so they're that dinosaur wanting to get in the pool. So they're going to go in that water, one leg at a time, slowly, but surely putting
299 +|298 |00:53:15,869 ~-~-> 00:53:26,219 |themselves in that water. Now, by doing that, yes, the water level will rise, it'll rise up quickly at first, but then it'll wait for the waves to settle,
300 +|299 |00:53:26,249 ~-~-> 00:53:34,439 |smoothed out a little bit. And then it'll start to put its new leg in, again, then slowly lower in its body. And eventually, once it's down to its shoulder
301 +|300 |00:53:34,439 ~-~-> 00:53:41,699 |length, the mark will be all up here. Okay. And at that point, everybody in the market will say, wait a minute, this is a bullish market, let's get in here and
302 +|301 |00:53:41,699 ~-~-> 00:53:51,029 |start buying it. So we don't want to be buying when it's obvious, okay, we want to be getting in there when that Tyrannosaurus rex is lowering one leg at a time
303 +|302 |00:53:51,029 ~-~-> 00:54:01,409 |in and we'll know it. Okay, we'll know it when it happens. When it starts to move up out of the consolidation, we know that that large entity we know in call
304 +|303 |00:54:01,439 ~-~-> 00:54:10,469 |Smart Money is on the move, it's doing something because the public's not going to make a rally up like that. Okay, only institutional level trading is going to
305 +|304 |00:54:10,469 ~-~-> 00:54:19,289 |move price, same way does here, there's going to be an absence of interest on the buying aspect of the market. So if the institutions are not willing to buy,
306 +|305 |00:54:19,529 ~-~-> 00:54:26,429 |okay, what's going to happen, price is going to fall out a bit. And if they do selling in here, it's going to cause capitulation, which is what you see here as
307 +|306 |00:54:26,429 ~-~-> 00:54:36,569 |well. But price trades down into this higher timeframe 101 50 level. And I have a smaller short term level here, but we're talking about that here. We're just
308 +|307 |00:54:36,569 ~-~-> 00:54:45,509 |gonna focus on that one on 150 level. So we have a higher time frame support level. And then prices inside of this range. Again, we would expect accumulation
309 +|308 |00:54:45,509 ~-~-> 00:54:54,989 |to be unfolding. Now again, we don't know who Smart Money is. We just know that the Smart Money entity itself is going to most likely work its way in the
310 +|309 |00:54:54,989 ~-~-> 00:55:06,149 |marketplace here because we're at a higher time frame support level. So as price starts To break up out of here, okay, this area sets the stage for what we want
311 +|310 |00:55:06,149 ~-~-> 00:55:08,339 |to see the market maker profile,
312 +|311 |00:55:10,079 ~-~-> 00:55:22,829 |we're going to start seeing the characteristics that these market maker profiles provide for us in terms of anticipation in terms of price action. So let's go in
313 +|312 |00:55:22,829 ~-~-> 00:55:32,819 |and look at this specific segment in the marketplace. Again, this is the Australian dollar, okay, and we're drilled in to October 7, and eighth, okay,
314 +|313 |00:55:32,819 ~-~-> 00:55:42,419 |and here's that area where we sold off. So we had a consolidation here, price broke down, move into another consolidation at that higher timeframe, one on
315 +|314 |00:55:42,419 ~-~-> 00:55:53,699 |150, key support level, price inside this consolidation, it moved up out of it. Okay. And this was the first indication that we had smart money, enter the
316 +|315 |00:55:53,699 ~-~-> 00:56:02,459 |marketplace, okay, without looking at all this information over here, because we're gonna come back to that in a little while. This price action here is very,
317 +|316 |00:56:02,489 ~-~-> 00:56:12,119 |very symmetrical. Okay. In other words, there's a lot of symmetry to how price is moving in here. It's nothing that you can't see on your own after some study.
318 +|317 |00:56:12,329 ~-~-> 00:56:26,789 |But what do you want to? What do you want to focus on here? Is the nature of the buy model? Okay, I want you to look in this example, and find the buy model. Can
319 +|318 |00:56:26,789 ~-~-> 00:56:41,699 |you see that buy model in this small area of price? I'll give you a moment to look at it. Okay, then looking at price action, okay. Again, focusing on this
320 +|319 |00:56:42,239 ~-~-> 00:56:53,249 |area here. This is your sell model. Do you see in that same example, in terms of price action, do you see an example where that sell model can be found in this
321 +|320 |00:56:53,249 ~-~-> 00:57:03,359 |small segment of price action. Again, I'll give you a moment or two to see if you can find it. And I'm going to give you example of it. So don't worry if you
322 +|321 |00:57:03,359 ~-~-> 00:57:18,449 |can't see it, because it's just an exercise of observation. Okay. And now looking at this example, on price, when we see the market maker profile, setting
323 +|322 |00:57:18,449 ~-~-> 00:57:32,429 |up, and we're going to give, again, very clear examples inside this segment of price, you can anticipate what's going to most likely unfold again, it's no
324 +|323 |00:57:32,429 ~-~-> 00:57:41,939 |guarantee that when you see these things, it's going to happen exactly. To script. But to me, this is how, you know, I look like you know, an eighth in the
325 +|324 |00:57:41,939 ~-~-> 00:58:00,239 |videos because I'm calling specific price swings and near specific levels before they happen. Now, again, looking at price here, if you're looking at price here,
326 +|325 |00:58:01,739 ~-~-> 00:58:14,189 |can cannot put a little hint here to this area here is an area where that profile unfolds. Can you see it now? Again, I'm gonna I'm gonna give you a
327 +|326 |00:58:14,189 ~-~-> 00:58:30,539 |greater detail example. But do you see this little consolidation here? Think of this consolidation as that okay. And this little area here is this pause in
328 +|327 |00:58:30,539 ~-~-> 00:58:41,459 |price doesn't look like much of a pause here, but it was and then rallies up, makes the high here. So at the zenith of this price move, I'm sorry, this price
329 +|328 |00:58:41,459 ~-~-> 00:58:54,419 |move here. This Zenith is here in the in the profile model. Then we saw price slipped down as market structure breaks, which is what happens here. Then you
330 +|329 |00:58:54,419 ~-~-> 00:59:07,049 |have the optimal trade entry here. And then price slides lower, taking out the low or the previous consolidation here, as noted here, okay, so inside of this
331 +|330 |00:59:07,049 ~-~-> 00:59:19,529 |area of opportunity, there's a good chunk of pips that you could very easily harvest intraday, okay, not necessarily long portion of time is still an
332 +|331 |00:59:19,529 ~-~-> 00:59:21,419 |opportunity for you to take a short term trade.
333 +|332 |00:59:27,570 ~-~-> 00:59:45,270 |Looking at this example, okay, where is the market maker profile for the buy? This area here is this consolidation. This pause in here is this area right
334 +|333 |00:59:45,270 ~-~-> 00:59:54,330 |here. Notice how it didn't get back up to that area. Like I was stating before, it was too weak. There was no there was no demand for it. So if there's no
335 +|334 |00:59:54,330 ~-~-> 01:00:02,370 |demand, there's gonna be a lot of supply. So supply is gonna come in, sell it off and even greater move down. to a higher timeframe support level, and we move
336 +|335 |01:00:02,370 ~-~-> 01:00:15,960 |into consolidation, which sets the tone for the market to be in this stage here. Okay, now we're hunting a reaction in the marketplace right here. So as price
337 +|336 |01:00:15,960 ~-~-> 01:00:28,530 |moves up out of it, which is what we see here, price comes down retested like we'd like to see here. And that's this area right here. And then price moves up,
338 +|337 |01:00:29,160 ~-~-> 01:00:44,070 |which is what you see here makes the pullback in here. And you see that here. Now price fails to go above this high here, okay, so it doesn't get above here.
339 +|338 |01:00:44,070 ~-~-> 01:00:53,400 |So this is why you want to take profits at logical areas, which is here and here. Again, being here and here, okay, because you're working within what range
340 +|339 |01:00:54,090 ~-~-> 01:01:05,070 |this high this low. So this could be an area of opportunity to take profits and obviously here because if you look at this high to this high, you're in a nice
341 +|340 |01:01:05,100 ~-~-> 01:01:16,140 |retracement level okay. And as price starts to rally again it failed and move lower Okay, remember, I was talking about how between this high in this low in
342 +|341 |01:01:16,140 ~-~-> 01:01:26,040 |the module for the buying price at this point, I came when it starts to go higher, it may not get up to this level here it may come back and retrace into
343 +|342 |01:01:26,040 ~-~-> 01:01:34,590 |the range between this low and whatever high formed here. And you see that forming here from the low in the consolidation up to the high, all we do is
344 +|343 |01:01:34,590 ~-~-> 01:01:44,520 |retrace deeper. And what that does is allow the market makers to take out the stops that are on the right side of the marketplace. Okay, and retraces from
345 +|344 |01:01:44,520 ~-~-> 01:01:54,990 |this low to this high and you find optimal trade entry at the 62% retracement level. And then price starts resuming move even higher. Okay, so now take a step
346 +|345 |01:01:54,990 ~-~-> 01:02:07,530 |back. Okay. And if you if you can't see it on the five minute chart like this, let's take a look at it on one. A 15 minute basis. Okay, we're zoomed out a
347 +|346 |01:02:07,530 ~-~-> 01:02:21,390 |little bit more thinking in terms of that same bi model. Okay, watch what happens. We're using that same 15 minute chart. Now, we have that first
348 +|347 |01:02:21,390 ~-~-> 01:02:35,520 |consolidation up here. We have the gray area down here where the bar should take place where here, we have price Now move up. And now this is what this is that
349 +|348 |01:02:35,520 ~-~-> 01:02:45,270 |pattern right here. But if you're zoomed in on a five minute, we expected to see it here. But now we're looking at a 15 minute, suddenly the fractal can be seen
350 +|349 |01:02:45,270 ~-~-> 01:02:57,510 |on a higher timeframe. Still the same price segment moving, okay, higher. But we're not seeing it to the to the same unfolding that we saw on the five minute
351 +|350 |01:02:57,510 ~-~-> 01:03:06,000 |we are expecting to see it trade down here and then move up. And while this was profitable, yes. Okay. We didn't see what was unfolding on a 15 minute because
352 +|351 |01:03:06,000 ~-~-> 01:03:16,590 |we're in too tight. Now suddenly, this consolidation and then move lower down to a key support level one on 150. The run up and then trade back down to this area
353 +|352 |01:03:16,590 ~-~-> 01:03:26,940 |here is exactly what you see here. Okay, so the market makers were using the 15 minute time frame to do their dealing. Okay. So watch what happens. Price
354 +|353 |01:03:26,940 ~-~-> 01:03:37,590 |rallies up here. Okay? And it gives you that other retracement deep here. Okay. And it rallies on up to do what to take out the previous consolidation where the
355 +|354 |01:03:37,590 ~-~-> 01:03:49,920 |stops are resting right here. And that's what they do here and they clear out the stops. Okay. So you see how this model gives you the ability to anticipate
356 +|355 |01:03:49,980 ~-~-> 01:04:01,590 |price action, and swings in the marketplace. Okay. Now, if it's not clear to you, I understand it's going to take some examples and some time you stood
357 +|356 |01:04:01,590 ~-~-> 01:04:11,370 |looking for it and you look at hindsight examples for a period of time and it may take months to get the perspective on seeing it, okay. But when you see it,
358 +|357 |01:04:11,670 ~-~-> 01:04:15,780 |you can't ever forget it, it's there. It's gonna be embedded in your brain.
359 +|358 |01:04:19,139 ~-~-> 01:04:30,089 |Now looking at this example here, okay. This is that one example I mentioned earlier that I was gonna give you a greater refined example of it. We have this
360 +|359 |01:04:30,089 ~-~-> 01:04:43,259 |area consolidation price runs up out of it. There's a little pause here makes the zenith breaks down comes up is the optimal trade entry and it falls out of
361 +|360 |01:04:43,259 ~-~-> 01:04:57,149 |bed where does it go? Below the previous consolidation. So what do you think model that is the market maker sell model. Look at the profile here. Okay, you
362 +|361 |01:04:57,149 ~-~-> 01:05:08,549 |can see that the half the consolidation here Which is here, to move out in the pause in here, here, the zenith of the move for here, which is here, the break
363 +|362 |01:05:08,549 ~-~-> 01:05:18,239 |down then optimal trade entry on here, which is what you see here. And then the move lower to get below the previous consolidation, as noted here, okay, just
364 +|363 |01:05:18,239 ~-~-> 01:05:27,599 |between this high and the move a little low here. That's rather handsome in terms of very short term trade, and you can take 40 pips out of the marketplace
365 +|364 |01:05:27,869 ~-~-> 01:05:41,579 |rather easily here. Okay. So now let's take a look at, again, that consolidation, what's specifically is different about this market maker profile
366 +|365 |01:05:42,119 ~-~-> 01:05:51,869 |that isn't seen in the previous ones, okay, because overall inside this higher timeframe market maker profile, okay. Notice that we had that consolidation out
367 +|366 |01:05:51,869 ~-~-> 01:06:02,969 |here, and in the higher timeframe, fractal moving higher, this is a bullish scenario, overall, remember that 15 minute chart we just looked at. But within
368 +|367 |01:06:02,969 ~-~-> 01:06:15,029 |that larger 15 minute market maker profile, or that fractal pattern, it's bullish, we just pulled out a bearish cell model. So again, that's the reason
369 +|368 |01:06:15,029 ~-~-> 01:06:25,169 |why I don't give you specific entry pattern concepts to trade, you know, on a short term, because it's so dynamic. When I give you this, for instance, looking
370 +|369 |01:06:25,169 ~-~-> 01:06:33,719 |at the sell model here, you may just see the buying aspect, okay, you may see just the, here's the optimal trade entry to get long, we're in a nested optimal
371 +|370 |01:06:33,719 ~-~-> 01:06:43,949 |trade entry here. So I'm going to buy that. So you're, you're using this profile to be long in here or long in here to get this as your profit objective. And
372 +|371 |01:06:43,949 ~-~-> 01:06:53,339 |maybe your mind doesn't understand to get to this point here. And this could be the sell. Okay, that's fine. It's all about profitability. It's not about being
373 +|372 |01:06:53,339 ~-~-> 01:07:04,529 |right. Okay. And when you trade fractals, okay. It's a lot of freedom. But there's a lot of rules to, okay, so it's a freestyle way of trading. without
374 +|373 |01:07:04,529 ~-~-> 01:07:13,139 |bias, really, if you think about it. And that's the nature of short term trading, you can work within a bullish market environment and be a bear. But you
375 +|374 |01:07:13,139 ~-~-> 01:07:21,809 |have to understand what you're doing. And it takes a little bit of finesse. Okay, but if you look at just the bullish market structure, and trade, bullish
376 +|375 |01:07:22,169 ~-~-> 01:07:34,559 |market maker profiles, it makes trading very, very easy. And if you just understand the sell model, for the buying portion of that fractal, which is
377 +|376 |01:07:34,559 ~-~-> 01:07:44,039 |here, here or here, there's nothing wrong with that. Absolutely. There's nothing wrong with that. That's your short turning search term trading niche. Okay. So
378 +|377 |01:07:44,039 ~-~-> 01:07:58,379 |that's what you would utilize for your trading. Okay, we just looked at an example. Okay, and how the market maker profile on a short term inside of a
379 +|378 |01:07:58,379 ~-~-> 01:08:11,939 |larger higher timeframe fractal appears to fail. Okay. But what it's doing is actually it's giving you a continuation of the larger profile. Okay, and let's
380 +|379 |01:08:12,029 ~-~-> 01:08:21,299 |look at what that means. Let's say we have a support level here. And price moves from that specific point and breaks market structure. Okay, so when we have
381 +|380 |01:08:21,299 ~-~-> 01:08:33,569 |market structure break like this, this will give us an indication hopefully, to anticipate higher prices. And when higher prices hopefully, come on their way.
382 +|381 |01:08:33,989 ~-~-> 01:08:44,459 |Now we have the greenlight go looking forward. Now, anything that retraces from this point, we're looking to hunt an optimal trade entry to go long. And when
383 +|382 |01:08:44,459 ~-~-> 01:08:53,009 |you have that, okay, you're going to see price meander, it's going to move, okay, you come back to your charts, and it looks a little different, that's
384 +|383 |01:08:53,009 ~-~-> 01:09:00,659 |fine. And this is the part of trading that's hard, because you have to wait for the setups and every time you come back to your charts, it's going to look a
385 +|384 |01:09:00,659 ~-~-> 01:09:08,219 |little bit different. Okay, but you're stalking you're setting up. Okay. Now looking at this chart, here, we have our higher time frame support level. But
386 +|385 |01:09:08,219 ~-~-> 01:09:12,509 |now also, we have new support resistance levels you have to factor in.
387 +|386 |01:09:12,690 ~-~-> 01:09:22,800 |Okay. And because as far as just as is never explained, you know exact it's not right to the PIP, you allow for certain slippage. But if you're waiting for
388 +|387 |01:09:22,800 ~-~-> 01:09:30,510 |retracements retracements, don't always go back to the levels, okay. retracements will be a little bit early. And this is where you can use the
389 +|388 |01:09:30,510 ~-~-> 01:09:40,860 |double Oh 50 optimal trade entry levels. Okay. W 50 means using the big figures and the mid figures to pull your fibs from in using swings, okay, and I'm not
390 +|389 |01:09:40,860 ~-~-> 01:09:51,660 |teaching that here. I'm going to counsel you to go back to the other videos and learning about that. But looking at price obviously see price did in fact, snap
391 +|390 |01:09:51,660 ~-~-> 01:10:05,340 |up from optimal trade entry. Okay. And now looking at this, okay, you would expect to see price. Do what Move inside of a cell model. Okay, so you're
392 +|391 |01:10:05,340 ~-~-> 01:10:17,160 |expecting price to find its zenith in here and start to break down lower looking for what looking for that lower low than the previous consolidation or beginning
393 +|392 |01:10:17,160 ~-~-> 01:10:28,110 |of the price move up. So this overall price swing, we're looking for to move down here. But if you're in a higher timeframe, bullish scenario within bullish
394 +|393 |01:10:28,110 ~-~-> 01:10:41,220 |market structure, or a more higher timeframe, bullish market maker profile, you're going to look at this area here to see where price may form a new buy.
395 +|394 |01:10:42,300 ~-~-> 01:10:50,520 |In, in bullish environments, the sell model won't come all the way down here, it's just going to give you a higher timeframe. retracement on the overall swing
396 +|395 |01:10:50,520 ~-~-> 01:11:03,540 |here. Okay, and what that looks like is this. You have price come back down. And you see price come all the way from its zenith, okay, which you anticipate if
397 +|396 |01:11:03,540 ~-~-> 01:11:15,120 |you're just looking at the model itself, looking at how price moves lower, you're not expecting that lower low. So as price starts to move lower, if we're
398 +|397 |01:11:15,120 ~-~-> 01:11:23,370 |in a bullish environment, we're not looking to see price move back below this consolidation, we're going to expect price to come back down and maybe retest
399 +|398 |01:11:23,370 ~-~-> 01:11:34,410 |this support level, or work within this optimal trade entry range here, or this optimal trade entry range here, and maybe even factor maybe pivots, maybe a
400 +|399 |01:11:34,410 ~-~-> 01:11:42,930 |trinity level. Oh, how about that we didn't talk about that yet, have we? So then you would be looking for your implied support levels to be a factor in this
401 +|400 |01:11:42,930 ~-~-> 01:11:54,300 |retracement as it pulls back into a deeper price swing. And by having that expectation as price starts to move into these support resistance levels, again,
402 +|401 |01:11:54,810 ~-~-> 01:12:04,860 |we're going to have more emphasis placed on this than looking for the previous low here, taken out for stocks, because the smart money's assumed a position
403 +|402 |01:12:04,860 ~-~-> 01:12:13,800 |back here, okay, they're going to defend that price action, as price starts to come back down here, they're going to accumulate more of that same position
404 +|403 |01:12:13,800 ~-~-> 01:12:22,260 |here, it's counterproductive for them to come back all the way down here. Okay, when they're trying to get price, you know, higher or at least maintain a
405 +|404 |01:12:22,260 ~-~-> 01:12:33,600 |specific price level. So that's why we see these overall declines deep retracements within a bullish market environment, because you're seeing more
406 +|405 |01:12:33,600 ~-~-> 01:12:45,690 |accumulation unfold by the smart money. And what that looks like, obviously, is a continuation and you see the expectancy of a retracement to a support level
407 +|406 |01:12:45,690 ~-~-> 01:12:55,230 |and then a bounce in right here. If you miss the opportunity to get the support level. Okay, you can see a smaller short term optimal trade entry forming here.
408 +|407 |01:12:55,230 ~-~-> 01:13:05,130 |And you can utilize that as your entry for short term trading to get in sync with the higher timeframe market maker profile. Okay, this could be a five
409 +|408 |01:13:05,130 ~-~-> 01:13:17,190 |minute price action and basing your trade on the idea that you're on a one hour or four hour market maker profile that's bullish. And by seeing that unfold,
410 +|409 |01:13:17,190 ~-~-> 01:13:29,010 |then you would see obviously, price move on higher. This is the range that you'd be utilizing here the low to high. This Confluence may be a 62. It could be a
411 +|410 |01:13:29,010 ~-~-> 01:13:37,080 |sweet spot, it could be a nice retracement level, there could be pivots in here. And it could be a trinity level in here is a lot of factors in here. But and
412 +|411 |01:13:37,110 ~-~-> 01:13:45,030 |obviously looking at previous lows is that the key because it's going to take price all the way down to run an old low for stops, but not necessarily the
413 +|412 |01:13:45,030 ~-~-> 01:13:54,090 |beginning or consolidation of the overall price. swing up Okay, so this price swing up is going to be a continuation and move higher.
414 +|413 |01:13:55,500 ~-~-> 01:14:05,820 |And overall by looking at price in that respect, you can see just looking at this, this is a very rather generic depiction of price action. But it really is
415 +|414 |01:14:06,270 ~-~-> 01:14:14,040 |seen a lot of times when you are in a bullish market environment. In other words, if prices overall bullish This is the type of price action you end up
416 +|415 |01:14:14,040 ~-~-> 01:14:26,970 |seeing higher highs and higher lows. How about that no necessity for trend line. Obviously, the same thing can be said on the reverse looking at a key resistance
417 +|416 |01:14:26,970 ~-~-> 01:14:34,290 |level like this. During a consolidation you would expect to see price eventually moved to a point where it breaks market structure and that looks like this here.
418 +|417 |01:14:35,130 ~-~-> 01:14:46,410 |And it's the market maker market structure shift rather. And we would be looking for price action to do what move down into a market maker profile for a buy.
419 +|418 |01:14:46,830 ~-~-> 01:14:55,800 |Okay, so because we're trading from a key resistance level, we're trading lower. Again events IE trading down into a key resistance support level. Okay, now
420 +|419 |01:14:55,800 ~-~-> 01:15:04,230 |we're expecting price to eventually move. So every time we come back to our charts, we're seeing The expectancy of what we're waiting for it to trade down
421 +|420 |01:15:04,230 ~-~-> 01:15:13,320 |to a support level. Okay, and as price starts to move back to new levels of resistance, we anticipate price to react accordingly, but doesn't necessarily
422 +|421 |01:15:13,320 ~-~-> 01:15:21,720 |have to trade back to it. Okay. Again, as we retrace, we're looking at what price moved from a high, down to this low. So we have a new range price can come
423 +|422 |01:15:21,720 ~-~-> 01:15:33,210 |up necessarily fall short of this, okay, and you see this probably in your own trading many, many times where price fails to get back to that point. But in
424 +|423 |01:15:33,210 ~-~-> 01:15:45,840 |terms of the range, okay, we went back to 60 to 79, or maybe even meet midpoint 70.5, sweet spot that I use for my optimal trade entry, and eventually sells
425 +|424 |01:15:45,840 ~-~-> 01:15:53,400 |off. But in here, this could be a reflection pattern, this could be a turtle soup, okay, it could be tied to trend following that nature. Okay. And you can
426 +|425 |01:15:53,400 ~-~-> 01:16:03,210 |use this by model that would be hunting initially, okay, as an area just to get short in the marketplace. But as price starts to move down, and we trade into
427 +|426 |01:16:03,570 ~-~-> 01:16:12,840 |what would be considered a higher timeframe support level, okay, we would anticipate price bouncing, and you start to see the early works of an optimal
428 +|427 |01:16:12,840 ~-~-> 01:16:21,420 |trade entry in here. Okay. So you could be a buyer here with the expectancy of the market maker profile by model unfolding. And as price starts to move up,
429 +|428 |01:16:21,690 ~-~-> 01:16:35,130 |okay, one would expect to see what while looking at price action, you would expect to see higher prices moving even even further up. But if you're thinking
430 +|429 |01:16:35,130 ~-~-> 01:16:45,600 |just in terms of this bi model, and not taking into consideration the fact that this could be the retracement here, for an overall continuation lower, we have a
431 +|430 |01:16:45,630 ~-~-> 01:16:55,470 |bi model that's going to mutate into a continuation for a sell off and continue lower. Okay, so you always have to be cognizant of that happening. And that's
432 +|431 |01:16:55,470 ~-~-> 01:17:05,550 |why we always use the previous range. Okay, so looking at that you have this high and this low prices retracing into this into that, okay, that could be an
433 +|432 |01:17:05,550 ~-~-> 01:17:15,720 |optimal trade entry that could be unfolding inside the viewer expected price move. So even though price cancel that we go back up into a higher timeframe,
434 +|433 |01:17:16,080 ~-~-> 01:17:25,950 |resistance level. But now we have this range still to consider this high. To this low. We're at 62 and 79% retracement in terms of that range. Okay. So even
435 +|434 |01:17:25,950 ~-~-> 01:17:35,730 |though we would be hunting this by model, okay, market maker profile, we still had to be cognizant of how this may unfold into into a trend following
436 +|435 |01:17:36,270 ~-~-> 01:17:45,390 |continuation lower and by that you would see price start to give us some trade entries in here on this lower timeframe. And when starts to break down, and this
437 +|436 |01:17:45,390 ~-~-> 01:17:54,120 |is the reason why we've had to take profits because simply taking a position assuming it back here, and an area of key support resistance. With the
438 +|437 |01:17:54,120 ~-~-> 01:18:05,640 |expectancy, that price moving up into an old salvation run stops, that's too myopic, you have to have the the the the ability, accept the fact that you're
439 +|438 |01:18:05,640 ~-~-> 01:18:14,760 |probably going to be wrong, okay? And you're always wrong until you take profit. Okay, so if you see price start to break down like this, obviously, you're going
440 +|439 |01:18:14,760 ~-~-> 01:18:23,640 |to wish you had taken profits. But you know, sometimes that's too late. So overall, looking at how the Australian dollar moves on a five minute basis, you
441 +|440 |01:18:23,640 ~-~-> 01:18:33,600 |can see how this area here is delineating the range. And this is obviously the low one at 148. But the key level we were watching was one at 150. So inside
442 +|441 |01:18:33,600 ~-~-> 01:18:43,560 |this consolidation, the Smart Money was accumulating, and price moves up and then came back down and retested, this broken resistance now in support. And in
443 +|442 |01:18:43,560 ~-~-> 01:18:49,620 |all in here, they continued to work within a higher time frame by model where price eventually moves higher.
444 +|443 |01:18:53,220 ~-~-> 01:19:04,560 |on an hourly basis, you can see how the Australian dollar traded within that same area of price. Okay, now look at how that 101 50 level reacted on an hourly
445 +|444 |01:19:04,560 ~-~-> 01:19:14,130 |basis. Okay, so far, we've only looked at a five and 15 minute chart on an hourly basis Look what unfolded eventually price eventually moves up, okay,
446 +|445 |01:19:14,520 ~-~-> 01:19:24,720 |retested, traded up to one or 246 came down gave another buying opportunity, okay, and then rallied up and then came back deep like we were talking about
447 +|446 |01:19:24,750 ~-~-> 01:19:35,340 |earlier, okay. And this retest of this old range that we had an initial accumulation, they took it back down to that specific point given the optimal
448 +|447 |01:19:35,340 ~-~-> 01:19:44,790 |trade entry, okay and then rallied up even higher and then eventually took out this previous consolidation area. So this is that buy model come to fruition.
449 +|448 |01:19:44,820 ~-~-> 01:19:56,940 |Okay, so over 200 and some pips, okay offer here as a short term trader. Okay, if you were looking for that type of trade, but this is the area that we called
450 +|449 |01:19:57,120 ~-~-> 01:20:07,440 |for in terms of Short term trading, I did a video previous to all the price action unfolding as it did here. And again, I'd counsel you to take a look at
451 +|450 |01:20:07,440 ~-~-> 01:20:16,620 |Chris laurie.com. And go into his video archive section and the webinar we did together is archived there, you can see the analysis that was done as well.
452 +|451 |01:20:18,390 ~-~-> 01:20:29,490 |Looking at, obviously, the daily in terms of what it looked like, all of this price action in here is what was called Okay, so over a period of few days,
453 +|452 |01:20:29,520 ~-~-> 01:20:45,570 |okay, you know, up over 100, and some pips obviously, but eventually moving to the point of over 200 some pips. Now, if you're looking at this video module,
454 +|453 |01:20:45,570 ~-~-> 01:20:53,700 |and you're wondering, this looks nothing like the short term trading video module you did, like, where you talk about the 18 and a 40, moving averages,
455 +|454 |01:20:54,090 ~-~-> 01:21:07,230 |right? You're right, because there's a difference. Okay, there's short term trend trading, which is what that view module talked about. And then there is
456 +|455 |01:21:07,500 ~-~-> 01:21:19,740 |climax reversal. Short term trading. And this is with that premise was in this teaching model module, talking about how looking for reversals at resistance and
457 +|456 |01:21:19,740 ~-~-> 01:21:30,900 |support levels is what we focused here. Notice how the low here that we were targeting based on trading the market maker profiles, during that specific time,
458 +|457 |01:21:31,410 ~-~-> 01:21:43,560 |the moving averages, were saying what gets short. Okay. But support resistance trumps everything. So when you see that type of event unfold, obviously, the
459 +|458 |01:21:43,560 ~-~-> 01:21:54,900 |moving averages are lagging. Okay. But price action is not, it's leading. Okay, so getting in here long. And in the very next day, getting long here as well,
460 +|459 |01:21:55,110 ~-~-> 01:22:06,330 |waiting for higher prices, you can actually see the market maker profile here on a daily chart, because it's what we're looking at here, here's the range in
461 +|460 |01:22:06,330 ~-~-> 01:22:17,310 |here. Here's the breakout of that range, the big Tyrannosaurus Rex jumped in the pool, okay, and it's sat still for a moment and wave the price to get stabilize
462 +|461 |01:22:17,310 ~-~-> 01:22:24,810 |again. And then it put its next leg inside of putting more of its body and then price eventually moves higher. And I can tell you, the price has actually moved
463 +|462 |01:22:24,810 ~-~-> 01:22:33,240 |even higher than this, since this particular low here as well. So we were very fortunate enough to have a very good example of price action in the Australian
464 +|463 |01:22:33,240 ~-~-> 01:22:43,200 |dollar. And I was very pleased to be able to share that beforehand in video recording, and targeting of the specific price levels where I thought price was
465 +|464 |01:22:43,200 ~-~-> 01:22:54,150 |going to trade too. And be able to share that with Chris Laurie as well in a webinar. So hopefully, this has been very insightful to you, and gives you some
466 +|465 |01:22:54,150 ~-~-> 01:23:03,300 |framework to utilize some of your short term trading, and where to apply specific price patterns and, and how to use that in your arsenal for short term
467 +|466 |01:23:03,300 ~-~-> 01:23:15,750 |trading. put some thought into how you're going to be a trader, you can use either one of them buy or sell module. And if you look at that fractal pattern,
468 +|467 |01:23:16,140 ~-~-> 01:23:27,420 |again, if you just understand part of the fractal, and you can make a career just on that. So in a buy module, and you just see the sell aspect of it. That's
469 +|468 |01:23:27,420 ~-~-> 01:23:30,900 |all you need. Okay, because remember, you can build a career on 50 pips a week.
4 4  
5 -2
6 -00:01:44,640 ~-~-> 00:01:47,730
7 -plan development series and we're focusing on short term
8 -
9 -3
10 -00:01:47,730 ~-~-> 00:01:52,890
11 -trading in this example. And obviously, you know, we're not
12 -
13 -4
14 -00:01:53,190 ~-~-> 00:01:56,340
15 -reinventing the wheel here a lot of the concepts that I'll
16 -
17 -5
18 -00:01:56,340 ~-~-> 00:02:00,510
19 -be discussing here are taught in previous As teaching
20 -
21 -6
22 -00:02:00,510 ~-~-> 00:02:03,570
23 -modules, I would counsel you to look at my short term
24 -
25 -7
26 -00:02:03,570 ~-~-> 00:02:07,080
27 -trading video module, the power three video module, how to
28 -
29 -8
30 -00:02:07,080 ~-~-> 00:02:11,340
31 -catch explosive profits in the Forex market video module and
32 -
33 -9
34 -00:02:13,590 ~-~-> 00:02:19,560
35 -while you'll, you'll refer back to the optimal trade entry
36 -
37 -10
38 -00:02:19,620 ~-~-> 00:02:24,330
39 -video module, and maybe even the fifth concept so the module
40 -
41 -11
42 -00:02:24,330 ~-~-> 00:02:27,840
43 -may be of help to you as well. But let's take a look
44 -
45 -12
46 -00:02:27,870 ~-~-> 00:02:28,410
47 -at
48 -
49 -13
50 -00:02:29,730 ~-~-> 00:02:31,980
51 -the overall plan here.
52 -
53 -14
54 -00:02:34,170 ~-~-> 00:02:36,510
55 -Okay, and we're looking at short term trading plan and
56 -
57 -15
58 -00:02:36,510 ~-~-> 00:02:38,730
59 -premise to this style trading is we're gonna be trading in
60 -
61 -16
62 -00:02:38,730 ~-~-> 00:02:41,610
63 -sync with the market structure. And we're gonna talk about
64 -
65 -17
66 -00:02:41,610 ~-~-> 00:02:43,500
67 -market structure in this video module a bit more greater
68 -
69 -18
70 -00:02:43,500 ~-~-> 00:02:47,220
71 -detail because I really wanted to differentiate it from
72 -
73 -19
74 -00:02:47,280 ~-~-> 00:02:51,390
75 -market flow, okay, because there is a difference in what I
76 -
77 -20
78 -00:02:51,390 ~-~-> 00:02:55,110
79 -mean when I say market flow and market structure, okay, if
80 -
81 -21
82 -00:02:55,110 ~-~-> 00:03:00,000
83 -there was one specific preference over trading with Mark
84 -
85 -22
86 -00:03:00,000 ~-~-> 00:03:02,400
87 -flow or market structure, it would be market structure.
88 -
89 -23
90 -00:03:02,610 ~-~-> 00:03:06,180
91 -Okay, I learned from Larry Williams. And I think this will
92 -
93 -24
94 -00:03:06,180 ~-~-> 00:03:11,280
95 -be more or less a better treatise on the explanation on how
96 -
97 -25
98 -00:03:11,280 ~-~-> 00:03:15,480
99 -I trade with it in this in this module. All right duration
100 -
101 -26
102 -00:03:15,480 ~-~-> 00:03:19,560
103 -this style of trading is as low as intraday, a entry and
104 -
105 -27
106 -00:03:19,560 ~-~-> 00:03:23,970
107 -exit at the same day to as little as a few days. anything
108 -
109 -28
110 -00:03:23,970 ~-~-> 00:03:26,280
111 -greater than five days in a trade I would consider a swing
112 -
113 -29
114 -00:03:26,280 ~-~-> 00:03:31,560
115 -trade. So five days or less, to me is a short term trade and
116 -
117 -30
118 -00:03:31,560 ~-~-> 00:03:35,700
119 -the average pips in terms of profit, we're aiming for 50 to
120 -
121 -31
122 -00:03:35,700 ~-~-> 00:03:39,690
123 -150 pips per trade. Alright, so the buy signals, how do we
124 -
125 -32
126 -00:03:39,690 ~-~-> 00:03:43,170
127 -arrive at looking for buys or we're gonna be trading long in
128 -
129 -33
130 -00:03:43,170 ~-~-> 00:03:46,380
131 -the observance of a bullish market maker profile. That's the
132 -
133 -34
134 -00:03:46,380 ~-~-> 00:03:48,810
135 -fractal we're going to be highlighting in this video module.
136 -
137 -35
138 -00:03:49,020 ~-~-> 00:03:51,330
139 -There's all types of fractals all different styles of
140 -
141 -36
142 -00:03:51,330 ~-~-> 00:03:55,020
143 -trading fractals. Again, fractals are simply a pattern that
144 -
145 -37
146 -00:03:55,020 ~-~-> 00:03:59,400
147 -is infinitely visible. Okay, in any timeframe up or down.
148 -
149 -38
150 -00:03:59,550 ~-~-> 00:04:03,630
151 -Okay. They're going to look a little bit different overall
152 -
153 -39
154 -00:04:03,660 ~-~-> 00:04:07,860
155 -but generally the do overall premise or pattern to it is
156 -
157 -40
158 -00:04:08,220 ~-~-> 00:04:10,500
159 -universally the same. Okay? And you'll see what I mean by
160 -
161 -41
162 -00:04:10,500 ~-~-> 00:04:15,270
163 -that when we look at the actual market maker profile. We're
164 -
165 -42
166 -00:04:15,270 ~-~-> 00:04:19,230
167 -looking to find price patterns and conferences to support
168 -
169 -43
170 -00:04:19,230 ~-~-> 00:04:22,170
171 -our trades in the direction of the market maker profile and
172 -
173 -44
174 -00:04:22,170 ~-~-> 00:04:25,800
175 -market structure those both being bullish and will be
176 -
177 -45
178 -00:04:25,800 ~-~-> 00:04:28,950
179 -utilized in the trade entry for entry price and using fib
180 -
181 -46
182 -00:04:28,950 ~-~-> 00:04:32,280
183 -extensions for profits nothing new here guys No, no
184 -
185 -47
186 -00:04:32,310 ~-~-> 00:04:35,490
187 -reinventing the wheel here simple concepts we've already
188 -
189 -48
190 -00:04:35,490 ~-~-> 00:04:38,400
191 -talked about in previous video modules. sell signals
192 -
193 -49
194 -00:04:38,400 ~-~-> 00:04:41,010
195 -obviously much like everything else in my teaching is is to
196 -
197 -50
198 -00:04:41,010 ~-~-> 00:04:45,480
199 -reverse everything. So if you look for the observance of a
200 -
201 -51
202 -00:04:45,480 ~-~-> 00:04:47,910
203 -bearish market maker profile, the fractal again we're
204 -
205 -52
206 -00:04:47,910 ~-~-> 00:04:51,900
207 -looking for with a bearish market structure. And we'll be
208 -
209 -53
210 -00:04:51,900 ~-~-> 00:04:54,900
211 -looking for price patterns and conferences. And we'll be
212 -
213 -54
214 -00:04:54,900 ~-~-> 00:04:57,720
215 -utilizing the optimal trade entry for our entry price and
216 -
217 -55
218 -00:04:57,720 ~-~-> 00:05:04,740
219 -using fib extensions 127 162 and 200 for profit. Now, when
220 -
221 -56
222 -00:05:05,280 ~-~-> 00:05:09,360
223 -we put a trade on the wrist we associate each trade will be
224 -
225 -57
226 -00:05:09,360 ~-~-> 00:05:13,860
227 -maximized at no greater than 2% per trade. Ideally, I
228 -
229 -58
230 -00:05:13,860 ~-~-> 00:05:16,920
231 -recommend 1% even in a demo account, guys, because you don't
232 -
233 -59
234 -00:05:16,920 ~-~-> 00:05:22,380
235 -want the did the more demoralizing effect of being wrong and
236 -
237 -60
238 -00:05:22,530 ~-~-> 00:05:26,070
239 -seeing your equity erode? Even if it is a demo account?
240 -
241 -61
242 -00:05:26,610 ~-~-> 00:05:28,980
243 -You're not? No, you're not learning anything by losing money
244 -
245 -62
246 -00:05:28,980 ~-~-> 00:05:32,400
247 -fast. Okay, trust me. I've done that a lot. Early on, I've
248 -
249 -63
250 -00:05:32,400 ~-~-> 00:05:36,030
251 -lost a lot of money, okay. And I never learned anything from
252 -
253 -64
254 -00:05:36,030 ~-~-> 00:05:44,190
255 -that. Okay. I learned from really learning to step back and
256 -
257 -65
258 -00:05:44,190 ~-~-> 00:05:47,490
259 -lose money slowly. That's that that's when you learn because
260 -
261 -66
262 -00:05:47,520 ~-~-> 00:05:50,700
263 -when you quickly lose money and lots of it, you're, you're
264 -
265 -67
266 -00:05:50,700 ~-~-> 00:05:53,940
267 -so swamped with emotions, okay. You can't think of
268 -
269 -68
270 -00:05:53,940 ~-~-> 00:05:57,960
271 -objectively and you want to be able to lose money slowly and
272 -
273 -69
274 -00:05:57,960 ~-~-> 00:06:01,800
275 -objectively look at what it is you're doing. Wrong, and take
276 -
277 -70
278 -00:06:02,130 ~-~-> 00:06:06,780
279 -a step back and look at it if you're losing seven 812 15% in
280 -
281 -71
282 -00:06:06,780 ~-~-> 00:06:11,670
283 -one or two trades, okay? I've done that. Okay? years and
284 -
285 -72
286 -00:06:11,670 ~-~-> 00:06:15,330
287 -years ago, I've done that. And I'm telling you, you don't
288 -
289 -73
290 -00:06:15,330 ~-~-> 00:06:19,770
291 -learn anything from that you actually will find limitless
292 -
293 -74
294 -00:06:19,770 ~-~-> 00:06:22,770
295 -reasons to get out of this and never do it again, never give
296 -
297 -75
298 -00:06:22,770 ~-~-> 00:06:25,080
299 -yourself a chance. So again, can't stress it enough keep
300 -
301 -76
302 -00:06:25,080 ~-~-> 00:06:28,080
303 -your risk very, very small. If you're brand new, absolutely
304 -
305 -77
306 -00:06:28,080 ~-~-> 00:06:33,300
307 -brand new risk one half of 1%. How about that goes against
308 -
309 -78
310 -00:06:33,300 ~-~-> 00:06:37,290
311 -what you thought is logic con, you think you got to risk a
312 -
313 -79
314 -00:06:37,290 ~-~-> 00:06:40,650
315 -whole lot of money you don't. So if you're looking at,
316 -
317 -80
318 -00:06:41,279 ~-~-> 00:06:45,749
319 -you know, a trading portfolio and you use these concepts or
320 -
321 -81
322 -00:06:45,749 ~-~-> 00:06:49,769
323 -any other trading concepts, obviously, risk management is in
324 -
325 -82
326 -00:06:49,769 ~-~-> 00:06:52,349
327 -the forefront of your mind as a trader is that even as a
328 -
329 -83
330 -00:06:52,349 ~-~-> 00:06:54,299
331 -developing trader, because as a professional myself, the
332 -
333 -84
334 -00:06:54,299 ~-~-> 00:06:57,239
335 -first thing I care about is what am I going to risk? Okay,
336 -
337 -85
338 -00:06:57,599 ~-~-> 00:07:00,419
339 -what is my risk overall, and how quickly can I read Move the
340 -
341 -86
342 -00:07:00,419 ~-~-> 00:07:04,289
343 -risk and go to breakeven and then immediately looking beyond
344 -
345 -87
346 -00:07:04,289 ~-~-> 00:07:07,829
347 -that point to lock in something I want to get paid, okay? I
348 -
349 -88
350 -00:07:07,829 ~-~-> 00:07:10,229
351 -don't want I don't care about right, I want to be paid. I
352 -
353 -89
354 -00:07:10,229 ~-~-> 00:07:12,689
355 -know there's enough opportunities every single week, I can,
356 -
357 -90
358 -00:07:12,959 ~-~-> 00:07:15,179
359 -I can harvest money from the market every week, okay? And
360 -
361 -91
362 -00:07:15,179 ~-~-> 00:07:17,939
363 -that's the mindset you need to adopt. There's no rush to get
364 -
365 -92
366 -00:07:17,939 ~-~-> 00:07:21,869
367 -in. There is a rush to protect your assets and your in your
368 -
369 -93
370 -00:07:21,899 ~-~-> 00:07:25,169
371 -equity. So there's where you rush, you rush to save money,
372 -
373 -94
374 -00:07:25,769 ~-~-> 00:07:28,199
375 -and you move slowly when you're trying to make money. Okay,
376 -
377 -95
378 -00:07:28,439 ~-~-> 00:07:31,199
379 -so that way you're controlling your drawdown. And for more
380 -
381 -96
382 -00:07:31,199 ~-~-> 00:07:34,259
383 -information on that, obviously look at my handling drawdown
384 -
385 -97
386 -00:07:34,259 ~-~-> 00:07:37,529
387 -and inevitable losses video module. Okay. That's actually
388 -
389 -98
390 -00:07:37,529 ~-~-> 00:07:42,179
391 -how I handle with losing streaks. And yes, surprise, I have
392 -
393 -99
394 -00:07:42,179 ~-~-> 00:07:45,689
395 -losing streaks, so you have to have that in your arsenal as
396 -
397 -100
398 -00:07:45,689 ~-~-> 00:07:49,079
399 -well. So now, taking a step back and looking at this, you're
400 -
401 -101
402 -00:07:49,079 ~-~-> 00:07:51,239
403 -probably scratching your saying, Well, wait a minute. This
404 -
405 -102
406 -00:07:51,239 ~-~-> 00:07:54,149
407 -really isn't a trading plan. Well, that's for the guys that
408 -
409 -103
410 -00:07:54,149 ~-~-> 00:07:56,759
411 -just started watching my videos. And they're looking at this
412 -
413 -104
414 -00:07:56,759 ~-~-> 00:07:59,459
415 -saying, what does this even mean? for those who've been
416 -
417 -105
418 -00:07:59,459 ~-~-> 00:08:02,549
419 -following me for While have digested the previous videos and
420 -
421 -106
422 -00:08:02,549 ~-~-> 00:08:04,919
423 -you understand what optimal trade entry is, you understand
424 -
425 -107
426 -00:08:04,919 ~-~-> 00:08:07,199
427 -what specific price patterns we're talking about, you
428 -
429 -108
430 -00:08:07,199 ~-~-> 00:08:10,529
431 -understand what confluences are. Okay, you had a brief
432 -
433 -109
434 -00:08:10,529 ~-~-> 00:08:13,079
435 -introduction to fractals with the optimal trade entries.
436 -
437 -110
438 -00:08:14,279 ~-~-> 00:08:16,889
439 -We're gonna learn a little bit more about that in here. And
440 -
441 -111
442 -00:08:16,889 ~-~-> 00:08:20,519
443 -what specifically a market maker does on all timeframes to
444 -
445 -112
446 -00:08:20,669 ~-~-> 00:08:26,699
447 -facilitate trade. But it's not my goal here to break down
448 -
449 -113
450 -00:08:26,849 ~-~-> 00:08:31,199
451 -every intricate detail that goes into making a specific
452 -
453 -114
454 -00:08:31,199 ~-~-> 00:08:34,259
455 -short term trading plan. And the reason why is because I
456 -
457 -115
458 -00:08:34,259 ~-~-> 00:08:40,889
459 -don't know your personality. I don't know what framework
460 -
461 -116
462 -00:08:40,919 ~-~-> 00:08:43,919
463 -you're building you're trading on. And you'll understand
464 -
465 -117
466 -00:08:43,919 ~-~-> 00:08:47,069
467 -more about what I mean by that when we actually break down
468 -
469 -118
470 -00:08:47,069 ~-~-> 00:08:50,429
471 -the market maker profile because every one of these profiles
472 -
473 -119
474 -00:08:50,999 ~-~-> 00:08:57,269
475 -is ambiguous. Okay. In other words, it can be viewed even
476 -
477 -120
478 -00:08:57,269 ~-~-> 00:09:01,589
479 -though I present it as a bullish market profile. You may
480 -
481 -121
482 -00:09:01,679 ~-~-> 00:09:05,669
483 -hone in on one aspect of this specific prat fractal. And you
484 -
485 -122
486 -00:09:05,669 ~-~-> 00:09:09,629
487 -may say, Well, this is a pattern I see clearly. And I'll
488 -
489 -123
490 -00:09:09,929 ~-~-> 00:09:13,589
491 -present it in this presentation as a bi model. But you may
492 -
493 -124
494 -00:09:13,589 ~-~-> 00:09:17,009
495 -see the opportunities in here to sell. Okay? And believe me,
496 -
497 -125
498 -00:09:17,009 ~-~-> 00:09:18,809
499 -this will make much more sense when we started looking at
500 -
501 -126
502 -00:09:18,809 ~-~-> 00:09:24,869
503 -it. But if that's what you see, that's how you trade, okay?
504 -
505 -127
506 -00:09:25,379 ~-~-> 00:09:30,509
507 -And don't discount that. Okay, and rewind that for a second.
508 -
509 -128
510 -00:09:30,539 ~-~-> 00:09:32,699
511 -If you're, if you're listening to the playback, go back a
512 -
513 -129
514 -00:09:32,699 ~-~-> 00:09:33,989
515 -couple seconds and hear that, again.
516 -
517 -130
518 -00:09:35,430 ~-~-> 00:09:36,120
519 -That
520 -
521 -131
522 -00:09:36,660 ~-~-> 00:09:41,700
523 -specific aspect of this fractal pattern, if you specifically
524 -
525 -132
526 -00:09:41,700 ~-~-> 00:09:46,410
527 -see the selling aspect of a buy model, that's your niche.
528 -
529 -133
530 -00:09:46,470 ~-~-> 00:09:51,870
531 -That's your framework to start trading, okay. All you need
532 -
533 -134
534 -00:09:51,870 ~-~-> 00:09:54,900
535 -is a small little segment of the marketplace to be
536 -
537 -135
538 -00:09:54,900 ~-~-> 00:09:57,390
539 -profitable. Okay, that's what you're doing this for. You're
540 -
541 -136
542 -00:09:57,390 ~-~-> 00:09:59,640
543 -not here to impress your wife and I'm here to press your
544 -
545 -137
546 -00:09:59,640 ~-~-> 00:10:01,980
547 -husband how smart you are. You want to go back to high
548 -
549 -138
550 -00:10:01,980 ~-~-> 00:10:04,410
551 -school and say, you know, your physics teachers, hey, look
552 -
553 -139
554 -00:10:04,410 ~-~-> 00:10:06,150
555 -at this, you know, I told you I was gonna amount to
556 -
557 -140
558 -00:10:06,150 ~-~-> 00:10:09,450
559 -something. I'm a forex trader, okay? That's not that's not
560 -
561 -141
562 -00:10:09,450 ~-~-> 00:10:11,970
563 -your goal, okay. And if it is, you know, prioritize make it
564 -
565 -142
566 -00:10:11,970 ~-~-> 00:10:16,350
567 -back to getting profitability, okay? Get the ego out of it.
568 -
569 -143
570 -00:10:16,830 ~-~-> 00:10:19,920
571 -So with all that, you know, I could go on and on and on
572 -
573 -144
574 -00:10:19,920 ~-~-> 00:10:23,040
575 -here. Let's look at the actual market maker profile.
576 -
577 -145
578 -00:10:29,640 ~-~-> 00:10:32,430
579 -Okay, this is the market maker profile for the buy model.
580 -
581 -146
582 -00:10:32,970 ~-~-> 00:10:36,750
583 -Okay, and what this specifically is detailing here and it
584 -
585 -147
586 -00:10:36,750 ~-~-> 00:10:40,620
587 -looks rather Elementary, it looks rather simplistic, but I
588 -
589 -148
590 -00:10:40,620 ~-~-> 00:10:46,800
591 -assure you, it's conceptually how I trade. Okay. This
592 -
593 -149
594 -00:10:47,220 ~-~-> 00:10:52,620
595 -overall diagram is the basis on how I can anticipate price
596 -
597 -150
598 -00:10:52,620 ~-~-> 00:10:56,790
599 -action. I can anticipate specific targets. I can anticipate
600 -
601 -151
602 -00:10:56,790 ~-~-> 00:11:01,800
603 -reversals, I can anticipate continuation I can anticipate
604 -
605 -152
606 -00:11:01,800 ~-~-> 00:11:07,110
607 -pauses I can anticipate price retesting previous support and
608 -
609 -153
610 -00:11:07,110 ~-~-> 00:11:11,880
611 -resistance okay everything that I do internally as a trader
612 -
613 -154
614 -00:11:12,450 ~-~-> 00:11:17,550
615 -can be summarized with this very pattern right here okay and
616 -
617 -155
618 -00:11:17,550 ~-~-> 00:11:22,440
619 -basically the the concept is simply looking at how price in
620 -
621 -156
622 -00:11:22,440 ~-~-> 00:11:28,290
623 -here okay you find a resistance level okay and in here this
624 -
625 -157
626 -00:11:28,500 ~-~-> 00:11:32,970
627 -green box is delineating consolidation. This consolidation
628 -
629 -158
630 -00:11:33,000 ~-~-> 00:11:38,850
631 -is essentially happening or occurring rather around a higher
632 -
633 -159
634 -00:11:38,850 ~-~-> 00:11:42,960
635 -timeframe hopefully nothing less than one hour basis
636 -
637 -160
638 -00:11:42,990 ~-~-> 00:11:46,140
639 -resistance level. Okay, so the top of this range in here
640 -
641 -161
642 -00:11:47,490 ~-~-> 00:11:52,110
643 -really is assuming that we see a resistance level here. So
644 -
645 -162
646 -00:11:52,140 ~-~-> 00:11:56,670
647 -while prices in this consolidation as a prat as a pattern
648 -
649 -163
650 -00:11:56,670 ~-~-> 00:12:00,600
651 -trader, you would be hunting climax reverse types of
652 -
653 -164
654 -00:12:00,600 ~-~-> 00:12:06,090
655 -patterns, okay? Those being MACD divergence bearish. type
656 -
657 -165
658 -00:12:06,090 ~-~-> 00:12:11,160
659 -one bear stochastic divergence, an ICT reflection, optimal
660 -
661 -166
662 -00:12:11,160 ~-~-> 00:12:18,840
663 -trade entry cell. Okay, turtle soup cell. Okay, so those
664 -
665 -167
666 -00:12:18,840 ~-~-> 00:12:23,010
667 -types of patterns, okay or hammer or a lot of guys call them
668 -
669 -168
670 -00:12:23,010 ~-~-> 00:12:26,160
671 -pin bars okay if you see that in the candlesticks up here
672 -
673 -169
674 -00:12:26,160 ~-~-> 00:12:30,390
675 -that ended this implied resistance level those are all
676 -
677 -170
678 -00:12:30,750 ~-~-> 00:12:34,830
679 -patterns that you would look for okay. So you have a
680 -
681 -171
682 -00:12:34,830 ~-~-> 00:12:39,480
683 -resistance level here you have a confluence of price pattern
684 -
685 -172
686 -00:12:39,930 ~-~-> 00:12:43,740
687 -that could be a candlestick like a bearish hammer, it could
688 -
689 -173
690 -00:12:43,740 ~-~-> 00:12:48,810
691 -be railroad tracks, it could be tweezers. It could be a
692 -
693 -174
694 -00:12:48,810 ~-~-> 00:12:52,080
695 -whole slew of different types of candlestick patterns, but
696 -
697 -175
698 -00:12:52,080 ~-~-> 00:12:56,640
699 -associate that also with an ICT reflection on optimal trade
700 -
701 -176
702 -00:12:56,640 ~-~-> 00:13:00,000
703 -entry in here, something else and maybe even if you're going
704 -
705 -177
706 -00:13:00,000 ~-~-> 00:13:02,340
707 -To be utilizing an indicator and not stressing out here, but
708 -
709 -178
710 -00:13:02,340 ~-~-> 00:13:07,890
711 -I know it's probably a foreign word to purists. But if you
712 -
713 -179
714 -00:13:07,890 ~-~-> 00:13:12,240
715 -can find something indicator wise to support it also, you
716 -
717 -180
718 -00:13:12,240 ~-~-> 00:13:14,790
719 -know, it's just something else that you would look to see
720 -
721 -181
722 -00:13:15,090 ~-~-> 00:13:18,960
723 -what other traders may be factoring in to current market
724 -
725 -182
726 -00:13:18,960 ~-~-> 00:13:22,020
727 -sentiment. Okay, so obviously you'd be looking for something
728 -
729 -183
730 -00:13:22,350 ~-~-> 00:13:25,320
731 -very short term in here as an overbought reading, maybe
732 -
733 -184
734 -00:13:25,320 ~-~-> 00:13:28,590
735 -stochastics, RSI, whatever oscillator you use, waiting for
736 -
737 -185
738 -00:13:28,590 ~-~-> 00:13:33,750
739 -sonar, anything that is you'd be looking for an overbought
740 -
741 -186
742 -00:13:33,750 ~-~-> 00:13:37,740
743 -reading in this in this consolidation area. Now once market
744 -
745 -187
746 -00:13:37,740 ~-~-> 00:13:40,830
747 -structure breaks down, okay, and again, we're going to talk
748 -
749 -188
750 -00:13:40,860 ~-~-> 00:13:43,410
751 -about market structure and going in greater detail and how I
752 -
753 -189
754 -00:13:43,410 ~-~-> 00:13:46,200
755 -use it. But right now we're just giving a brief summary or
756 -
757 -190
758 -00:13:46,200 ~-~-> 00:13:50,610
759 -an overview if you will. market structure breaks, it trades
760 -
761 -191
762 -00:13:50,670 ~-~-> 00:13:54,690
763 -below the range low here. Okay, when we see that we enter a
764 -
765 -192
766 -00:13:54,690 ~-~-> 00:13:58,710
767 -new phase in the market profile. This red box delineates a
768 -
769 -193
770 -00:13:58,710 ~-~-> 00:14:03,960
771 -new phase. segment of the overall profile. Now the reason
772 -
773 -194
774 -00:14:03,960 ~-~-> 00:14:06,390
775 -why it's red. Okay, in case you're wondering what's the deal
776 -
777 -195
778 -00:14:06,390 ~-~-> 00:14:08,640
779 -with all these colors, why you might as gotta be specific,
780 -
781 -196
782 -00:14:08,790 ~-~-> 00:14:14,850
783 -as well, to me, I'm on alert. Okay, this is a red alert type
784 -
785 -197
786 -00:14:16,020 ~-~-> 00:14:19,500
787 -segment of this market profile or this fractal pattern I'm
788 -
789 -198
790 -00:14:19,500 ~-~-> 00:14:24,360
791 -looking at in price. Now this overall price swing down to
792 -
793 -199
794 -00:14:24,570 ~-~-> 00:14:28,230
795 -present a buy opportunity, this could be present on a one
796 -
797 -200
798 -00:14:28,230 ~-~-> 00:14:31,080
799 -minute chart. Again, I do not trade with a one minute chart,
800 -
801 -201
802 -00:14:31,080 ~-~-> 00:14:35,580
803 -but you can see this pattern on a one minute. I look for on
804 -
805 -202
806 -00:14:35,580 ~-~-> 00:14:40,140
807 -a five minute 15 minute, one hour, four hour and daily,
808 -
809 -203
810 -00:14:40,320 ~-~-> 00:14:43,770
811 -okay, so by having those timeframes, okay, and an
812 -
813 -204
814 -00:14:43,770 ~-~-> 00:14:46,410
815 -understanding of high timeframe support resistance levels.
816 -
817 -205
818 -00:14:47,040 ~-~-> 00:14:50,160
819 -When I see this pattern unfolding, it makes trading for me,
820 -
821 -206
822 -00:14:50,550 ~-~-> 00:14:53,010
823 -and obviously when you understand how it works for yourself,
824 -
825 -207
826 -00:14:53,280 ~-~-> 00:14:55,680
827 -makes it very easy to anticipate, okay, and that's what you
828 -
829 -208
830 -00:14:55,680 ~-~-> 00:14:57,870
831 -want. As a trader. You want to be able to anticipate things,
832 -
833 -209
834 -00:14:58,110 ~-~-> 00:15:01,470
835 -expect specific things to unfold In price action, and then
836 -
837 -210
838 -00:15:01,470 ~-~-> 00:15:04,320
839 -get yourself in sync with your anticipation of what price
840 -
841 -211
842 -00:15:04,410 ~-~-> 00:15:06,930
843 -hopefully may do, but there's no guaranteed it's going to do
844 -
845 -212
846 -00:15:06,930 ~-~-> 00:15:09,660
847 -that. So that's the reason why we use stop losses. So
848 -
849 -213
850 -00:15:09,660 ~-~-> 00:15:13,920
851 -getting back to this box here, why is it red? Well, once we
852 -
853 -214
854 -00:15:13,920 ~-~-> 00:15:17,040
855 -break out of this consolidation here, okay, and that
856 -
857 -215
858 -00:15:17,040 ~-~-> 00:15:21,450
859 -specific price point, I'm anticipating a retest of this
860 -
861 -216
862 -00:15:21,480 ~-~-> 00:15:24,780
863 -specific support level. Now broken is going to be hopefully,
864 -
865 -217
866 -00:15:25,110 ~-~-> 00:15:26,010
867 -a resistance point.
868 -
869 -218
870 -00:15:26,220 ~-~-> 00:15:29,190
871 -Okay, so if price can trade back up into that point, I'm
872 -
873 -219
874 -00:15:29,190 ~-~-> 00:15:33,750
875 -going to sell okay in here if I miss this opportunity. So
876 -
877 -220
878 -00:15:33,780 ~-~-> 00:15:37,950
879 -this here, this high in here, in this red box, there are
880 -
881 -221
882 -00:15:37,950 ~-~-> 00:15:40,620
883 -several patterns you can utilize for trading here. You can
884 -
885 -222
886 -00:15:40,620 ~-~-> 00:15:44,280
887 -use a turtle soup cell pattern, you could use an ICT
888 -
889 -223
890 -00:15:44,280 ~-~-> 00:15:48,360
891 -reflection pattern, you can use a type two trend following
892 -
893 -224
894 -00:15:49,050 ~-~-> 00:15:51,690
895 -which is a higher stochastics overbought reading here
896 -
897 -225
898 -00:15:51,690 ~-~-> 00:15:54,570
899 -comparable to this previous high here. Okay, between this
900 -
901 -226
902 -00:15:54,570 ~-~-> 00:15:56,730
903 -high and this high you'll see overbought readings on the
904 -
905 -227
906 -00:15:56,730 ~-~-> 00:16:01,530
907 -stochastic but this reading here on this high price does the
908 -
909 -228
910 -00:16:01,530 ~-~-> 00:16:04,410
911 -classical way even higher in terms of being overbought. So
912 -
913 -229
914 -00:16:04,410 ~-~-> 00:16:07,170
915 -that's a type two trend falling or you may know it as a
916 -
917 -230
918 -00:16:07,170 ~-~-> 00:16:11,040
919 -hidden divergence. Okay bearish. But again, it's a nickname
920 -
921 -231
922 -00:16:11,070 ~-~-> 00:16:14,670
923 -nice. divergence is trend falling in nature and he dubbed it
924 -
925 -232
926 -00:16:14,670 ~-~-> 00:16:19,380
927 -as a type two trend following. Or you could see a type one
928 -
929 -233
930 -00:16:19,410 ~-~-> 00:16:23,490
931 -bearish divergence in here on this little small little range
932 -
933 -234
934 -00:16:23,490 ~-~-> 00:16:27,300
935 -in here as well, or you could see an ICT Grail, which is an
936 -
937 -235
938 -00:16:27,300 ~-~-> 00:16:29,790
939 -optimal trade entry from this high to the low inherent
940 -
941 -236
942 -00:16:29,790 ~-~-> 00:16:34,920
943 -wherever it retraces up into. It could be a type two trend
944 -
945 -237
946 -00:16:34,920 ~-~-> 00:16:37,080
947 -falling with that optimal trade action which makes it an ICT
948 -
949 -238
950 -00:16:37,080 ~-~-> 00:16:40,290
951 -Grail pattern. Again, if you don't know what these things
952 -
953 -239
954 -00:16:40,290 ~-~-> 00:16:45,060
955 -are, more or less driving you back to the previous course
956 -
957 -240
958 -00:16:45,060 ~-~-> 00:16:48,180
959 -videos, and it's in the high probability price patterns
960 -
961 -241
962 -00:16:48,180 ~-~-> 00:16:51,030
963 -video. Okay, you'll learn all about those price patterns in
964 -
965 -242
966 -00:16:51,030 ~-~-> 00:16:54,720
967 -that video module. This red box here could also present you
968 -
969 -243
970 -00:16:54,720 ~-~-> 00:16:59,160
971 -an ICT Stinger cell signal, which is a optimal trade entry
972 -
973 -244
974 -00:16:59,400 ~-~-> 00:17:03,660
975 -with a type trend trend following bearish divergence within
976 -
977 -245
978 -00:17:03,660 ~-~-> 00:17:08,010
979 -the second overbought reading here. This will be a type one
980 -
981 -246
982 -00:17:08,010 ~-~-> 00:17:10,170
983 -bearish divergence. That's what an ICT Stinger is. That's a
984 -
985 -247
986 -00:17:10,170 ~-~-> 00:17:12,930
987 -type one within a type two with an optimal trade entry
988 -
989 -248
990 -00:17:12,930 ~-~-> 00:17:16,830
991 -Confluence at a implied resistance level which would be
992 -
993 -249
994 -00:17:16,830 ~-~-> 00:17:21,060
995 -here. Okay. Now, getting back to the reason why it's red, I
996 -
997 -250
998 -00:17:21,060 ~-~-> 00:17:25,770
999 -don't have to see it retest here. Okay, so this area here,
1000 -
1001 -251
1002 -00:17:26,130 ~-~-> 00:17:31,200
1003 -this is the one that has a lot of ifs, okay, it could break
1004 -
1005 -252
1006 -00:17:31,230 ~-~-> 00:17:34,980
1007 -out and never retest that. Okay, on strong markets, it will
1008 -
1009 -253
1010 -00:17:34,980 ~-~-> 00:17:39,060
1011 -just continue, pause, Bear Flag in here and then move lower
1012 -
1013 -254
1014 -00:17:39,060 ~-~-> 00:17:43,170
1015 -going down into the implied support level. Okay. So this
1016 -
1017 -255
1018 -00:17:43,170 ~-~-> 00:17:46,530
1019 -area here it can retest, I like to see that ideally, but it
1020 -
1021 -256
1022 -00:17:46,530 ~-~-> 00:17:50,040
1023 -don't necessarily have to have that. Okay. Now, what does
1024 -
1025 -257
1026 -00:17:50,040 ~-~-> 00:17:53,010
1027 -that mean for you as a trader in here on short term basis,
1028 -
1029 -258
1030 -00:17:53,010 ~-~-> 00:17:56,160
1031 -if you see this pattern unfolding over an hourly basis, this
1032 -
1033 -259
1034 -00:17:56,160 ~-~-> 00:17:59,520
1035 -could be as much as 30 pips or 50 pips here. Okay. And you
1036 -
1037 -260
1038 -00:17:59,520 ~-~-> 00:18:02,310
1039 -start seeing Miss Paul's in here, you know, you probably got
1040 -
1041 -261
1042 -00:18:02,310 ~-~-> 00:18:05,280
1043 -a good leg before it trades down into a higher time frame
1044 -
1045 -262
1046 -00:18:05,310 ~-~-> 00:18:08,370
1047 -support level. Whoa, what am I talking about selling short,
1048 -
1049 -263
1050 -00:18:08,430 ~-~-> 00:18:11,040
1051 -this is supposed to be a buy model. Yeah, see what I'm
1052 -
1053 -264
1054 -00:18:11,040 ~-~-> 00:18:15,390
1055 -talking about if you see this price pattern unfolding in
1056 -
1057 -265
1058 -00:18:15,390 ~-~-> 00:18:18,600
1059 -your charts, okay, and it's clear that you understand this
1060 -
1061 -266
1062 -00:18:18,600 ~-~-> 00:18:22,110
1063 -leg is going down, but you necessarily don't have the
1064 -
1065 -267
1066 -00:18:22,260 ~-~-> 00:18:27,150
1067 -confidence needed to be buying boldface support levels here.
1068 -
1069 -268
1070 -00:18:27,690 ~-~-> 00:18:30,480
1071 -Okay, you would end up catching the buy maybe on this side
1072 -
1073 -269
1074 -00:18:30,480 ~-~-> 00:18:34,710
1075 -here after the breakout and the break in market structure,
1076 -
1077 -270
1078 -00:18:35,160 ~-~-> 00:18:38,340
1079 -then a retest and then maybe you're a good candidate to be a
1080 -
1081 -271
1082 -00:18:38,340 ~-~-> 00:18:42,030
1083 -buyer there, but not Nestle down here in the gray area. If
1084 -
1085 -272
1086 -00:18:42,030 ~-~-> 00:18:45,390
1087 -you see this pattern as a sell, obviously, don't be limited
1088 -
1089 -273
1090 -00:18:45,390 ~-~-> 00:18:49,650
1091 -by bias descriptions. Okay, to me, this is a buy model
1092 -
1093 -274
1094 -00:18:49,650 ~-~-> 00:18:53,010
1095 -because I'm more focused on this higher timeframe. Swing
1096 -
1097 -275
1098 -00:18:53,010 ~-~-> 00:18:55,620
1099 -lower because the markets being engineered to go lower into
1100 -
1101 -276
1102 -00:18:55,620 ~-~-> 00:19:00,480
1103 -a key support level that I would imply or expensive Rather
1104 -
1105 -277
1106 -00:19:00,540 ~-~-> 00:19:03,360
1107 -to see price bounced down here, assuming there's at higher
1108 -
1109 -278
1110 -00:19:03,360 ~-~-> 00:19:07,170
1111 -time frame, monthly, weekly daily for our one hour support
1112 -
1113 -279
1114 -00:19:07,170 ~-~-> 00:19:12,510
1115 -level down here to anticipate price movement higher. Now,
1116 -
1117 -280
1118 -00:19:13,950 ~-~-> 00:19:17,190
1119 -assuming that we saw price move out of this area here, okay,
1120 -
1121 -281
1122 -00:19:17,220 ~-~-> 00:19:20,250
1123 -that's fine. It goes down to the level we're anticipating a
1124 -
1125 -282
1126 -00:19:20,250 ~-~-> 00:19:24,150
1127 -support level to be unfolding. When we get to this area,
1128 -
1129 -283
1130 -00:19:24,180 ~-~-> 00:19:27,210
1131 -this is the gray area, because we don't necessarily know
1132 -
1133 -284
1134 -00:19:27,210 ~-~-> 00:19:29,550
1135 -that that support level is going to provide support at all.
1136 -
1137 -285
1138 -00:19:29,910 ~-~-> 00:19:34,290
1139 -Okay, you may get a small little bounce and this area here.
1140 -
1141 -286
1142 -00:19:34,950 ~-~-> 00:19:36,930
1143 -This is where you can look to take first profit, why is it
1144 -
1145 -287
1146 -00:19:36,930 ~-~-> 00:19:41,370
1147 -blue? Okay, and why is this one blue? Because if you do buy
1148 -
1149 -288
1150 -00:19:41,370 ~-~-> 00:19:44,070
1151 -down here on the support level, okay, that would be down
1152 -
1153 -289
1154 -00:19:44,070 ~-~-> 00:19:46,320
1155 -here that we're assuming based on a higher time frame
1156 -
1157 -290
1158 -00:19:46,320 ~-~-> 00:19:49,500
1159 -premise. Look at the range.
1160 -
1161 -291
1162 -00:19:49,920 ~-~-> 00:19:55,770
1163 -Okay, you have this high to this low as price starts to move
1164 -
1165 -292
1166 -00:19:55,770 ~-~-> 00:20:00,240
1167 -up. Okay. If we start getting back to old support broke And
1168 -
1169 -293
1170 -00:20:00,240 ~-~-> 00:20:04,230
1171 -now resistance, this could be an optimal trade entry to
1172 -
1173 -294
1174 -00:20:04,230 ~-~-> 00:20:07,590
1175 -continue even lower. So you want to take some profits here,
1176 -
1177 -295
1178 -00:20:08,400 ~-~-> 00:20:11,550
1179 -move your stop to break even. Okay and then have your
1180 -
1181 -296
1182 -00:20:11,550 ~-~-> 00:20:14,370
1183 -remaining portion of the trade reach for what level here,
1184 -
1185 -297
1186 -00:20:14,760 ~-~-> 00:20:19,140
1187 -this one here now this in this specific point here, you
1188 -
1189 -298
1190 -00:20:19,140 ~-~-> 00:20:22,950
1191 -could see a type two trend following an optimal trade entry
1192 -
1193 -299
1194 -00:20:22,980 ~-~-> 00:20:28,320
1195 -for an additional buy again, okay, Bull flag in here rallies
1196 -
1197 -300
1198 -00:20:28,320 ~-~-> 00:20:32,940
1199 -on up and in here between both these blue boxes or even the
1200 -
1201 -301
1202 -00:20:32,940 ~-~-> 00:20:38,100
1203 -lows in here. ICT Stinger buys ICT Grails, okay type two
1204 -
1205 -302
1206 -00:20:38,100 ~-~-> 00:20:42,180
1207 -trend following. Those patterns could be seen on the upside
1208 -
1209 -303
1210 -00:20:42,180 ~-~-> 00:20:44,700
1211 -in here. So that's how you hunt those. Okay, anticipate
1212 -
1213 -304
1214 -00:20:44,700 ~-~-> 00:20:48,960
1215 -those types of patterns forming on the impulse move up away
1216 -
1217 -305
1218 -00:20:48,960 ~-~-> 00:20:52,860
1219 -from the higher time frame support level. What say specific
1220 -
1221 -306
1222 -00:20:52,860 ~-~-> 00:20:56,670
1223 -about this area, well go back to the range. Here's the high
1224 -
1225 -307
1226 -00:20:57,210 ~-~-> 00:20:59,850
1227 -down to the low. You want to be taking some profits here
1228 -
1229 -308
1230 -00:20:59,850 ~-~-> 00:21:01,710
1231 -because Cuz you may be pulling up into an optimal trade
1232 -
1233 -309
1234 -00:21:01,710 ~-~-> 00:21:06,450
1235 -entry based on this previous range here to here. So why not
1236 -
1237 -310
1238 -00:21:06,450 ~-~-> 00:21:11,070
1239 -take some off again, but still leave that stop down here.
1240 -
1241 -311
1242 -00:21:11,520 ~-~-> 00:21:15,120
1243 -Okay? Don't move the stop until we break out of this area
1244 -
1245 -312
1246 -00:21:15,120 ~-~-> 00:21:18,810
1247 -here, it's got to cancel out this optimal trade entry from
1248 -
1249 -313
1250 -00:21:18,810 ~-~-> 00:21:22,380
1251 -this high to this low, because this one here, the second
1252 -
1253 -314
1254 -00:21:22,380 ~-~-> 00:21:27,990
1255 -little blue box here, this could be a continuation. Okay,
1256 -
1257 -315
1258 -00:21:27,990 ~-~-> 00:21:33,060
1259 -and we're going to talk about that later on. It's a bi model
1260 -
1261 -316
1262 -00:21:33,060 ~-~-> 00:21:38,010
1263 -that really is transforming or mutates into a continuation
1264 -
1265 -317
1266 -00:21:38,010 ~-~-> 00:21:41,520
1267 -lower. Okay? And it'll be a trend following going lower. And
1268 -
1269 -318
1270 -00:21:41,520 ~-~-> 00:21:43,650
1271 -we'll talk about that again in greater detail actually walk
1272 -
1273 -319
1274 -00:21:43,650 ~-~-> 00:21:47,730
1275 -through it. Now as price goes on, higher, obviously, this
1276 -
1277 -320
1278 -00:21:47,730 ~-~-> 00:21:50,490
1279 -previous consolidation, those participants that are high
1280 -
1281 -321
1282 -00:21:50,490 ~-~-> 00:21:54,060
1283 -timeframe premise or position traders, they're not going to
1284 -
1285 -322
1286 -00:21:54,060 ~-~-> 00:21:58,470
1287 -be in a rush to lower stops down above this high or this
1288 -
1289 -323
1290 -00:21:58,470 ~-~-> 00:22:02,790
1291 -high. Okay? They're willing to sit back and allow price to
1292 -
1293 -324
1294 -00:22:03,090 ~-~-> 00:22:07,170
1295 -retrace deeper, but their stop loss order is going to be
1296 -
1297 -325
1298 -00:22:07,170 ~-~-> 00:22:09,960
1299 -resting right above this highs. That's where you take your
1300 -
1301 -326
1302 -00:22:09,960 ~-~-> 00:22:12,900
1303 -profits on your short term trading. Okay? Always look to
1304 -
1305 -327
1306 -00:22:12,900 ~-~-> 00:22:16,050
1307 -take your profits on short term trades at logical areas of
1308 -
1309 -328
1310 -00:22:16,050 ~-~-> 00:22:22,110
1311 -stops. Okay? any previous highs? Okay as price moves up,
1312 -
1313 -329
1314 -00:22:22,500 ~-~-> 00:22:25,020
1315 -look to take profits there because there's a pocket of
1316 -
1317 -330
1318 -00:22:25,020 ~-~-> 00:22:29,070
1319 -liquidity that will offer many times outstanding areas to
1320 -
1321 -331
1322 -00:22:29,070 ~-~-> 00:22:32,250
1323 -take profits. Now, why do you take majority if not all your
1324 -
1325 -332
1326 -00:22:32,250 ~-~-> 00:22:37,620
1327 -position off here because this could be a reversal and trade
1328 -
1329 -333
1330 -00:22:37,620 ~-~-> 00:22:42,210
1331 -very, very deep into the range between the low made here and
1332 -
1333 -334
1334 -00:22:42,210 ~-~-> 00:22:46,710
1335 -the high here or the low here to the higher why sitting
1336 -
1337 -335
1338 -00:22:46,710 ~-~-> 00:22:50,400
1339 -through all that drawdown without taking profit. It doesn't
1340 -
1341 -336
1342 -00:22:50,400 ~-~-> 00:22:56,040
1343 -make any sense to me. Okay, this low here to this high that
1344 -
1345 -337
1346 -00:22:56,040 ~-~-> 00:22:59,580
1347 -range it could be deep couple deeper in terms of retracement
1348 -
1349 -338
1350 -00:22:59,790 ~-~-> 00:23:03,150
1351 -and so Still overall trade higher. Okay, but take some
1352 -
1353 -339
1354 -00:23:03,150 ~-~-> 00:23:07,710
1355 -profits, or here's the, here's what could really happen. You
1356 -
1357 -340
1358 -00:23:07,710 ~-~-> 00:23:11,070
1359 -could take this position and see profit all the way up here
1360 -
1361 -341
1362 -00:23:11,250 ~-~-> 00:23:14,520
1363 -and never take anything off and watch it come all the way
1364 -
1365 -342
1366 -00:23:14,520 ~-~-> 00:23:18,960
1367 -down and trade and reverse completely against you. That can
1368 -
1369 -343
1370 -00:23:18,960 ~-~-> 00:23:22,020
1371 -happen guys. I know it doesn't seem like like it could,
1372 -
1373 -344
1374 -00:23:22,320 ~-~-> 00:23:25,410
1375 -because we all want to be right. But it's not about being
1376 -
1377 -345
1378 -00:23:25,410 ~-~-> 00:23:27,210
1379 -right. Okay, it's about being profitable.
1380 -
1381 -346
1382 -00:23:32,610 ~-~-> 00:23:36,240
1383 -Alright, let's look at a market maker sell models. Okay.
1384 -
1385 -347
1386 -00:23:36,930 ~-~-> 00:23:39,570
1387 -This one here. This is actually how I learned this pattern.
1388 -
1389 -348
1390 -00:23:39,570 ~-~-> 00:23:43,590
1391 -I saw this pattern before I saw the buy model. And it's
1392 -
1393 -349
1394 -00:23:43,590 ~-~-> 00:23:48,000
1395 -because I My belief is I think the market is predisposed to
1396 -
1397 -350
1398 -00:23:48,000 ~-~-> 00:23:52,740
1399 -go up. Everybody thinks buying hold by then sell it. So to
1400 -
1401 -351
1402 -00:23:52,740 ~-~-> 00:23:56,190
1403 -me, in this pattern makes more sense to me. But usually you
1404 -
1405 -352
1406 -00:23:56,190 ~-~-> 00:23:59,430
1407 -see consolidation and support level. Price makes an impulse
1408 -
1409 -353
1410 -00:23:59,430 ~-~-> 00:24:04,080
1411 -move up. Okay in comes back down doesn't have to find old
1412 -
1413 -354
1414 -00:24:04,080 ~-~-> 00:24:08,940
1415 -resistance broken now support and bull flags in here. Now
1416 -
1417 -355
1418 -00:24:08,940 ~-~-> 00:24:11,940
1419 -you can get a type to trend following in here. A lot of the
1420 -
1421 -356
1422 -00:24:11,940 ~-~-> 00:24:15,810
1423 -continuation patterns we discussed earlier, turtle soup,
1424 -
1425 -357
1426 -00:24:16,170 ~-~-> 00:24:20,520
1427 -false, previous low taken out raw stock rate or something
1428 -
1429 -358
1430 -00:24:20,520 ~-~-> 00:24:24,900
1431 -that effect moving up into a higher timeframe key resistance
1432 -
1433 -359
1434 -00:24:24,900 ~-~-> 00:24:28,650
1435 -level. Okay? So you're anticipating the consolidation to run
1436 -
1437 -360
1438 -00:24:28,680 ~-~-> 00:24:33,030
1439 -up into a higher timeframe resistance, then a break down.
1440 -
1441 -361
1442 -00:24:33,660 ~-~-> 00:24:37,620
1443 -Okay, and then obviously, retest is what we're looking for.
1444 -
1445 -362
1446 -00:24:38,160 ~-~-> 00:24:44,340
1447 -Okay, but over here, the focus is now going to be on are we
1448 -
1449 -363
1450 -00:24:44,370 ~-~-> 00:24:50,310
1451 -seeing trend following signals like type two, ICT stingers.
1452 -
1453 -364
1454 -00:24:50,730 ~-~-> 00:24:56,250
1455 -Grails okay to imply continuation moving lower bear flags
1456 -
1457 -365
1458 -00:24:56,250 ~-~-> 00:24:58,140
1459 -something of that nature because when market structure
1460 -
1461 -366
1462 -00:24:58,140 ~-~-> 00:25:00,630
1463 -breaks in here, we're going to take a look at examples of
1464 -
1465 -367
1466 -00:25:00,630 ~-~-> 00:25:05,640
1467 -that. We want to see lower prices, because this area here
1468 -
1469 -368
1470 -00:25:06,330 ~-~-> 00:25:09,870
1471 -will be an area of pockets of stops resting right below
1472 -
1473 -369
1474 -00:25:09,870 ~-~-> 00:25:12,660
1475 -that. That's what we're capitalizing on. We want to get
1476 -
1477 -370
1478 -00:25:12,690 ~-~-> 00:25:15,330
1479 -short at a resistance level. But this is a gray area. Again,
1480 -
1481 -371
1482 -00:25:15,360 ~-~-> 00:25:19,350
1483 -we don't know with any great certainty, or, you know,
1484 -
1485 -372
1486 -00:25:19,380 ~-~-> 00:25:22,620
1487 -assurity really that this is going to be a high, we're
1488 -
1489 -373
1490 -00:25:22,620 ~-~-> 00:25:27,000
1491 -trading it with the anticipation that it will be based on a
1492 -
1493 -374
1494 -00:25:27,030 ~-~-> 00:25:29,850
1495 -resistance level that we may see up here based on a monthly
1496 -
1497 -375
1498 -00:25:29,850 ~-~-> 00:25:34,290
1499 -weekly, daily for our nothing less than a one hour basis. So
1500 -
1501 -376
1502 -00:25:34,290 ~-~-> 00:25:37,230
1503 -this swing lowers what we're looking to capitalize on down
1504 -
1505 -377
1506 -00:25:37,230 ~-~-> 00:25:39,330
1507 -into this area where we would run the previous
1508 -
1509 -378
1510 -00:25:39,390 ~-~-> 00:25:44,250
1511 -consolidations area of stops. Okay. Now, again, going back
1512 -
1513 -379
1514 -00:25:44,250 ~-~-> 00:25:47,190
1515 -to that same premise, why don't I give you specific details
1516 -
1517 -380
1518 -00:25:47,370 ~-~-> 00:25:51,300
1519 -on how to trade it with a specific plan? conceptually, you
1520 -
1521 -381
1522 -00:25:51,300 ~-~-> 00:25:57,240
1523 -may see this as this area as a buy in this area to take your
1524 -
1525 -382
1526 -00:25:57,240 ~-~-> 00:26:00,930
1527 -profits at or to your stop loss at an event. get tagged out.
1528 -
1529 -383
1530 -00:26:01,170 ~-~-> 00:26:03,690
1531 -And that's your profit from maybe in the consolidation
1532 -
1533 -384
1534 -00:26:03,690 ~-~-> 00:26:07,500
1535 -buying an awful trade entry buy here, or an ICT reflection
1536 -
1537 -385
1538 -00:26:07,500 ~-~-> 00:26:10,830
1539 -in here or an SMT bullish divergence, something that's a
1540 -
1541 -386
1542 -00:26:10,830 ~-~-> 00:26:14,730
1543 -climax reversal could be a reason to be getting long in
1544 -
1545 -387
1546 -00:26:14,730 ~-~-> 00:26:17,760
1547 -here. And this is your confirmation here, maybe even bought
1548 -
1549 -388
1550 -00:26:17,760 ~-~-> 00:26:21,930
1551 -this, okay. And then looking forward to moving even higher,
1552 -
1553 -389
1554 -00:26:22,050 ~-~-> 00:26:25,680
1555 -you know, this could be your trade in this consolidation or
1556 -
1557 -390
1558 -00:26:25,680 ~-~-> 00:26:30,540
1559 -pause to here or devaluation beginning to end here, this
1560 -
1561 -391
1562 -00:26:30,540 ~-~-> 00:26:34,410
1563 -could be their whole trading career. This is this one
1564 -
1565 -392
1566 -00:26:34,410 ~-~-> 00:26:41,040
1567 -pattern, this one portion of the fractal just so you can see
1568 -
1569 -393
1570 -00:26:41,040 ~-~-> 00:26:43,800
1571 -how it could be utilized. And again, I don't teach this and
1572 -
1573 -394
1574 -00:26:43,800 ~-~-> 00:26:47,490
1575 -I don't advocate it but just so you can see it. You could be
1576 -
1577 -395
1578 -00:26:47,580 ~-~-> 00:26:51,030
1579 -a scalper and see a higher timeframe resistance level like
1580 -
1581 -396
1582 -00:26:51,030 ~-~-> 00:26:54,480
1583 -that. And then when price breaks down in here, these small
1584 -
1585 -397
1586 -00:26:54,480 ~-~-> 00:26:57,390
1587 -little price swings inside this area here. Using fit
1588 -
1589 -398
1590 -00:26:57,390 ~-~-> 00:26:59,880
1591 -extensions. You could be taking profits down here in this
1592 -
1593 -399
1594 -00:26:59,880 ~-~-> 00:27:03,510
1595 -case Be Your scalping career here. Okay, you could be doing
1596 -
1597 -400
1598 -00:27:03,510 ~-~-> 00:27:08,490
1599 -that once a day and just be done, make 10 1520 pips and be
1600 -
1601 -401
1602 -00:27:08,490 ~-~-> 00:27:11,460
1603 -walking and walking out the door sealer. Again, I don't
1604 -
1605 -402
1606 -00:27:11,520 ~-~-> 00:27:13,560
1607 -trade like that. I don't teach that. But I just want to show
1608 -
1609 -403
1610 -00:27:13,560 ~-~-> 00:27:18,060
1611 -you the universalism to this pattern. It's easily applied to
1612 -
1613 -404
1614 -00:27:18,270 ~-~-> 00:27:22,020
1615 -all types of trading styles. But generally, we're looking
1616 -
1617 -405
1618 -00:27:22,020 ~-~-> 00:27:24,120
1619 -for this area here to sell into a higher time frame
1620 -
1621 -406
1622 -00:27:24,120 ~-~-> 00:27:28,530
1623 -resistance level with this premise unfolding. Okay, the
1624 -
1625 -407
1626 -00:27:28,530 ~-~-> 00:27:31,860
1627 -larger leg in price is going to be the high down to the low
1628 -
1629 -408
1630 -00:27:31,860 ~-~-> 00:27:36,000
1631 -blowing out the previous consolidation. All right. Now some
1632 -
1633 -409
1634 -00:27:36,000 ~-~-> 00:27:38,730
1635 -of you probably already recognize this pattern that seen my
1636 -
1637 -410
1638 -00:27:38,730 ~-~-> 00:27:44,310
1639 -London open trading video that I released a couple years ago
1640 -
1641 -411
1642 -00:27:44,310 ~-~-> 00:27:46,170
1643 -but I took down because I really wasn't pleased with the
1644 -
1645 -412
1646 -00:27:46,170 ~-~-> 00:27:49,980
1647 -overall presentation of it. So I am revamping it. And that's
1648 -
1649 -413
1650 -00:27:49,980 ~-~-> 00:27:53,310
1651 -what part seven is really highlighting into this into the
1652 -
1653 -414
1654 -00:27:53,310 ~-~-> 00:27:57,480
1655 -center folder flagship of that module, my London open
1656 -
1657 -415
1658 -00:27:57,840 ~-~-> 00:28:04,050
1659 -tactics but this area here, between here is high in this low
1660 -
1661 -416
1662 -00:28:04,140 ~-~-> 00:28:08,040
1663 -This is the lions portion of the move. And this is a very
1664 -
1665 -417
1666 -00:28:08,040 ~-~-> 00:28:12,660
1667 -easy aspect of this route fractal this this pattern or leg
1668 -
1669 -418
1670 -00:28:12,660 ~-~-> 00:28:16,530
1671 -of the pattern is what we're looking for. Okay now inside
1672 -
1673 -419
1674 -00:28:16,530 ~-~-> 00:28:19,920
1675 -these red boxes you could see type two trend following again
1676 -
1677 -420
1678 -00:28:21,120 ~-~-> 00:28:22,230
1679 -I see reflections
1680 -
1681 -421
1682 -00:28:23,880 ~-~-> 00:28:26,610
1683 -continuation patterns of all sorts okay and obviously
1684 -
1685 -422
1686 -00:28:26,610 ~-~-> 00:28:30,150
1687 -optimal trade entries from previous highs retracing, okay
1688 -
1689 -423
1690 -00:28:30,150 ~-~-> 00:28:33,660
1691 -and every retracement should set up into another optimal
1692 -
1693 -424
1694 -00:28:33,660 ~-~-> 00:28:37,140
1695 -trade entries going lower reaching for this area of
1696 -
1697 -425
1698 -00:28:37,140 ~-~-> 00:28:39,540
1699 -consolidation where underneath it will be resting stops. And
1700 -
1701 -426
1702 -00:28:39,540 ~-~-> 00:28:42,420
1703 -again, we're looking to take profits at logical areas of
1704 -
1705 -427
1706 -00:28:42,420 ~-~-> 00:28:44,730
1707 -where stop loss orders would be okay.
1708 -
1709 -428
1710 -00:28:50,880 ~-~-> 00:28:55,890
1711 -All right market structure. Ooh, look at this. It's not the
1712 -
1713 -429
1714 -00:28:55,890 ~-~-> 00:28:59,160
1715 -best obviously, but it will accomplish the means I'm sure
1716 -
1717 -430
1718 -00:29:00,450 ~-~-> 00:29:04,140
1719 -When you're looking at price action, okay? It's probably
1720 -
1721 -431
1722 -00:29:04,140 ~-~-> 00:29:07,560
1723 -easier. Okay. And this is how I did it as well. Well, my
1724 -
1725 -432
1726 -00:29:07,560 ~-~-> 00:29:12,150
1727 -computer when I started utilizing computer charting, and not
1728 -
1729 -433
1730 -00:29:12,150 ~-~-> 00:29:14,760
1731 -use paper charting, because I started as commodity trading,
1732 -
1733 -434
1734 -00:29:14,760 ~-~-> 00:29:18,090
1735 -I actually actually drew my bars vertically, put a little
1736 -
1737 -435
1738 -00:29:18,210 ~-~-> 00:29:21,270
1739 -open tick to the left and close tick to the right. And I did
1740 -
1741 -436
1742 -00:29:21,270 ~-~-> 00:29:23,700
1743 -that for all the commodities I traded. And at the time, I
1744 -
1745 -437
1746 -00:29:23,700 ~-~-> 00:29:26,130
1747 -was doing about 15 different markets, which is stupid
1748 -
1749 -438
1750 -00:29:26,130 ~-~-> 00:29:27,960
1751 -because I didn't know what I was doing. I thought I had been
1752 -
1753 -439
1754 -00:29:27,960 ~-~-> 00:29:35,730
1755 -everything. But I learned, hey, I found out by taking a step
1756 -
1757 -440
1758 -00:29:35,760 ~-~-> 00:29:40,560
1759 -back. Okay, and looking at the charts on my screen from
1760 -
1761 -441
1762 -00:29:40,560 ~-~-> 00:29:44,580
1763 -across the room, I could see the price swings, very easy
1764 -
1765 -442
1766 -00:29:44,580 ~-~-> 00:29:50,160
1767 -that way. And it really was the premise that I was always
1768 -
1769 -443
1770 -00:29:50,640 ~-~-> 00:29:53,580
1771 -too zoomed in. I needed to be on that one minute chart. I
1772 -
1773 -444
1774 -00:29:53,580 ~-~-> 00:29:55,320
1775 -need to be on that five minute chart because that's where
1776 -
1777 -445
1778 -00:29:55,320 ~-~-> 00:29:58,140
1779 -the money is going to happen. And it's not how it works.
1780 -
1781 -446
1782 -00:29:58,170 ~-~-> 00:30:02,610
1783 -Okay. So this depiction of market structure hopefully and if
1784 -
1785 -447
1786 -00:30:02,610 ~-~-> 00:30:05,850
1787 -you don't see this, try that. Put your computer screen on
1788 -
1789 -448
1790 -00:30:06,540 ~-~-> 00:30:09,840
1791 -and watch this video or watch your charts. Okay and instead
1792 -
1793 -449
1794 -00:30:09,840 ~-~-> 00:30:13,470
1795 -across the room, okay, and just look at it. Do you see the
1796 -
1797 -450
1798 -00:30:13,470 ~-~-> 00:30:16,170
1799 -price swings on this chart? It's obviously not a price
1800 -
1801 -451
1802 -00:30:16,170 ~-~-> 00:30:22,290
1803 -chart, it's hand drawn diagram that I've made in just paint
1804 -
1805 -452
1806 -00:30:22,650 ~-~-> 00:30:26,490
1807 -on the computer. Okay, just for simple, crude demonstration.
1808 -
1809 -453
1810 -00:30:26,940 ~-~-> 00:30:30,840
1811 -But hopefully you can see the price swings. Here you have
1812 -
1813 -454
1814 -00:30:31,440 ~-~-> 00:30:36,600
1815 -this leg up. Then you have this leg down. a retracement.
1816 -
1817 -455
1818 -00:30:36,630 ~-~-> 00:30:40,050
1819 -Then you have the second leg lower. You have this price
1820 -
1821 -456
1822 -00:30:40,050 ~-~-> 00:30:43,890
1823 -swing up. You have a retracement then you had a second leg
1824 -
1825 -457
1826 -00:30:43,890 ~-~-> 00:30:47,880
1827 -up. Okay. Now looking at that you can see peaks and troughs,
1828 -
1829 -458
1830 -00:30:48,060 ~-~-> 00:30:53,670
1831 -highs and lows. Okay. And that looks more or less like this.
1832 -
1833 -459
1834 -00:30:53,790 ~-~-> 00:30:57,060
1835 -Okay, you can see that we do have short term highs and lows
1836 -
1837 -460
1838 -00:30:57,060 ~-~-> 00:31:00,000
1839 -in the marketplace here. assuming this is a currency pair
1840 -
1841 -461
1842 -00:31:00,000 ~-~-> 00:31:03,900
1843 -Our stock. Now these little circles, okay are essentially
1844 -
1845 -462
1846 -00:31:03,900 ~-~-> 00:31:09,600
1847 -what we used to call ring highs and ring lows. Okay, this is
1848 -
1849 -463
1850 -00:31:09,600 ~-~-> 00:31:12,360
1851 -a premise I learned from Larry Williams. And whenever the
1852 -
1853 -464
1854 -00:31:12,360 ~-~-> 00:31:15,900
1855 -market made a short term high or low, that would be a low
1856 -
1857 -465
1858 -00:31:16,320 ~-~-> 00:31:19,410
1859 -with two higher lows on both sides of it. So it's a three
1860 -
1861 -466
1862 -00:31:19,410 ~-~-> 00:31:23,580
1863 -bar pattern. And whenever you had a high with a lower high
1864 -
1865 -467
1866 -00:31:23,580 ~-~-> 00:31:26,400
1867 -on both sides of it, again, three bar pattern, that's a
1868 -
1869 -468
1870 -00:31:26,400 ~-~-> 00:31:29,520
1871 -swing high. Whenever that appeared on our daily charts, we
1872 -
1873 -469
1874 -00:31:29,520 ~-~-> 00:31:32,790
1875 -would make a little ring around that or circle it. Okay, and
1876 -
1877 -470
1878 -00:31:32,820 ~-~-> 00:31:39,030
1879 -how those levels mapped out comparable to each other. Okay,
1880 -
1881 -471
1882 -00:31:39,060 ~-~-> 00:31:43,050
1883 -you can discern the overall trend of the marketplace without
1884 -
1885 -472
1886 -00:31:43,050 ~-~-> 00:31:45,540
1887 -having trend lines on your chart, without having moving
1888 -
1889 -473
1890 -00:31:45,540 ~-~-> 00:31:49,950
1891 -averages on your chart without having any real anything just
1892 -
1893 -474
1894 -00:31:49,950 ~-~-> 00:31:52,710
1895 -except for price price telling you what the trend is okay.
1896 -
1897 -475
1898 -00:31:53,310 ~-~-> 00:31:57,720
1899 -And because I'm a swing trader by nature, this to me makes
1900 -
1901 -476
1902 -00:31:57,750 ~-~-> 00:32:01,260
1903 -greater sense than having moving averages. trend lines and
1904 -
1905 -477
1906 -00:32:01,260 ~-~-> 00:32:04,710
1907 -looking for the picture perfect trend line or trend up or
1908 -
1909 -478
1910 -00:32:04,710 ~-~-> 00:32:07,920
1911 -trend down. They don't last like that guys, and when you see
1912 -
1913 -479
1914 -00:32:07,920 ~-~-> 00:32:10,740
1915 -it clearly as a trend, it's over. Okay, that's about when
1916 -
1917 -480
1918 -00:32:10,740 ~-~-> 00:32:14,520
1919 -it's reversing or it's about to reverse soon. So by looking
1920 -
1921 -481
1922 -00:32:14,520 ~-~-> 00:32:19,050
1923 -at price in terms of swings, okay, that's what helped me as
1924 -
1925 -482
1926 -00:32:19,050 ~-~-> 00:32:22,620
1927 -a trader taking small segments of the market and breaking it
1928 -
1929 -483
1930 -00:32:22,620 ~-~-> 00:32:26,760
1931 -down incrementally module, okay, and in digesting it like
1932 -
1933 -484
1934 -00:32:26,760 ~-~-> 00:32:31,170
1935 -that, I learned that you can be very consistent and seeing
1936 -
1937 -485
1938 -00:32:31,170 ~-~-> 00:32:35,340
1939 -where specific price moves up and down will unfold. But
1940 -
1941 -486
1942 -00:32:35,370 ~-~-> 00:32:38,700
1943 -looking at this chart here, it's pretty obvious that these
1944 -
1945 -487
1946 -00:32:38,700 ~-~-> 00:32:42,000
1947 -are short term highs and lows. But if you haven't already
1948 -
1949 -488
1950 -00:32:42,000 ~-~-> 00:32:50,730
1951 -noticed, there's other highs and lows here. Notice that we
1952 -
1953 -489
1954 -00:32:50,730 ~-~-> 00:32:56,580
1955 -have the blue rings here, okay. These little areas are
1956 -
1957 -490
1958 -00:32:56,940 ~-~-> 00:33:01,470
1959 -intermediate term highs and lows. Sounds cool, doesn't it?
1960 -
1961 -491
1962 -00:33:02,700 ~-~-> 00:33:05,970
1963 -Well, essentially what that means is you're you have a high.
1964 -
1965 -492
1966 -00:33:06,360 ~-~-> 00:33:08,550
1967 -And now I'm assuming here that there was something on the
1968 -
1969 -493
1970 -00:33:08,550 ~-~-> 00:33:10,500
1971 -other side here. So again, this is just a crude
1972 -
1973 -494
1974 -00:33:10,500 ~-~-> 00:33:13,980
1975 -demonstration of what I see in the marketplace in terms of
1976 -
1977 -495
1978 -00:33:13,980 ~-~-> 00:33:17,940
1979 -market structure. There's a lot of guys on YouTube talking
1980 -
1981 -496
1982 -00:33:17,940 ~-~-> 00:33:21,750
1983 -about market structure. A lot of forex, quote unquote
1984 -
1985 -497
1986 -00:33:21,750 ~-~-> 00:33:25,170
1987 -mentors, talking about market structure, okay, but I don't
1988 -
1989 -498
1990 -00:33:25,170 ~-~-> 00:33:29,520
1991 -think they utilize it in the capacity that I'm teaching
1992 -
1993 -499
1994 -00:33:29,520 ~-~-> 00:33:33,330
1995 -here. And I'm not claiming originality here guys, I'm all
1996 -
1997 -500
1998 -00:33:33,330 ~-~-> 00:33:36,900
1999 -I'm doing is passing the baton to you. I learned it from
2000 -
2001 -501
2002 -00:33:36,900 ~-~-> 00:33:39,690
2003 -Larry Williams, one of the best traders there is in terms of
2004 -
2005 -502
2006 -00:33:41,280 ~-~-> 00:33:42,870
2007 -price action. And
2008 -
2009 -503
2010 -00:33:44,490 ~-~-> 00:33:47,280
2011 -you may see him as a price trader in terms of price
2012 -
2013 -504
2014 -00:33:47,280 ~-~-> 00:33:51,750
2015 -patterns. But you know, his early works in terms of market
2016 -
2017 -505
2018 -00:33:51,750 ~-~-> 00:33:56,760
2019 -structure and that nature manages time timeless, they are
2020 -
2021 -506
2022 -00:33:56,850 ~-~-> 00:33:59,880
2023 -absolutely gems. If you can get hold anything les Williams
2024 -
2025 -507
2026 -00:33:59,880 ~-~-> 00:34:03,780
2027 -did Early on all his his books, great things is good.
2028 -
2029 -508
2030 -00:34:05,670 ~-~-> 00:34:11,730
2031 -Looking at this overall crew diagram, okay, now by looking
2032 -
2033 -509
2034 -00:34:11,730 ~-~-> 00:34:17,070
2035 -at it when you see a short term high here with a high in a
2036 -
2037 -510
2038 -00:34:17,070 ~-~-> 00:34:21,660
2039 -short term high lower. So now what you have a high here with
2040 -
2041 -511
2042 -00:34:21,690 ~-~-> 00:34:25,800
2043 -a lower high on both sides of it, this is an enemy term
2044 -
2045 -512
2046 -00:34:25,800 ~-~-> 00:34:33,210
2047 -high. Okay? If you have a enemy term high over here with an
2048 -
2049 -513
2050 -00:34:33,210 ~-~-> 00:34:37,680
2051 -intermediate term high over here. This makes this a long
2052 -
2053 -514
2054 -00:34:37,680 ~-~-> 00:34:41,220
2055 -term high. So intermediate term high and long term highs and
2056 -
2057 -515
2058 -00:34:41,220 ~-~-> 00:34:44,730
2059 -lows. Those are the specific swings in the marketplace that
2060 -
2061 -516
2062 -00:34:44,730 ~-~-> 00:34:51,360
2063 -you're looking for. So having a market or chart rather,
2064 -
2065 -517
2066 -00:34:51,990 ~-~-> 00:34:54,960
2067 -noting all the swing highs and lows on a short term basis.
2068 -
2069 -518
2070 -00:34:55,410 ~-~-> 00:34:59,490
2071 -It may seem daunting at first, but by doing that, you'll
2072 -
2073 -519
2074 -00:34:59,490 ~-~-> 00:35:04,290
2075 -start seeing There's specific highs that are higher than two
2076 -
2077 -520
2078 -00:35:04,500 ~-~-> 00:35:07,980
2079 -previous short term highs. Again that being an intermediate
2080 -
2081 -521
2082 -00:35:07,980 ~-~-> 00:35:12,720
2083 -term high if you see that enemy term high with lower enemy
2084 -
2085 -522
2086 -00:35:12,720 ~-~-> 00:35:16,110
2087 -term highs on both sides of it, that will classify that as a
2088 -
2089 -523
2090 -00:35:16,200 ~-~-> 00:35:22,710
2091 -long term high. Okay. Now as price breaks down, okay and you
2092 -
2093 -524
2094 -00:35:22,710 ~-~-> 00:35:26,640
2095 -start seeing enemy term lows and then you have another enemy
2096 -
2097 -525
2098 -00:35:26,670 ~-~-> 00:35:31,950
2099 -term low if we break market structure at any time in here,
2100 -
2101 -526
2102 -00:35:32,250 ~-~-> 00:35:34,980
2103 -okay, that means breaking short short term highs and lows in
2104 -
2105 -527
2106 -00:35:34,980 ~-~-> 00:35:39,720
2107 -here. We break this short term high here. Now market
2108 -
2109 -528
2110 -00:35:39,720 ~-~-> 00:35:43,890
2111 -structures broken to the upside. Okay, price comes down,
2112 -
2113 -529
2114 -00:35:44,310 ~-~-> 00:35:48,960
2115 -makes a low but it never breaks that long term or
2116 -
2117 -530
2118 -00:35:48,960 ~-~-> 00:35:52,500
2119 -intermediate term low here. It rallies up and again breaks
2120 -
2121 -531
2122 -00:35:52,500 ~-~-> 00:35:55,470
2123 -its previous high here so we're breaking highs and
2124 -
2125 -532
2126 -00:35:55,470 ~-~-> 00:35:59,490
2127 -maintaining higher lows. Okay. Do you see a trend line on
2128 -
2129 -533
2130 -00:35:59,490 ~-~-> 00:36:04,290
2131 -this chart? No, you don't need them. Okay? You see a moving
2132 -
2133 -534
2134 -00:36:04,290 ~-~-> 00:36:08,940
2135 -average on this chart? No, you don't need them. Okay. So as
2136 -
2137 -535
2138 -00:36:08,940 ~-~-> 00:36:12,150
2139 -price starts to break highs and here you see market
2140 -
2141 -536
2142 -00:36:12,150 ~-~-> 00:36:15,180
2143 -structure being bullish. Eventually at some point, you'll
2144 -
2145 -537
2146 -00:36:15,180 ~-~-> 00:36:19,500
2147 -see the intermediate term high here formed. Now look, here
2148 -
2149 -538
2150 -00:36:19,500 ~-~-> 00:36:26,490
2151 -is the main thing I want you to see. If you missed this,
2152 -
2153 -539
2154 -00:36:26,730 ~-~-> 00:36:30,090
2155 -getting long, and you miss this opportunity to get long in
2156 -
2157 -540
2158 -00:36:30,090 ~-~-> 00:36:33,840
2159 -sync with it, if you see an intermediate term high, take out
2160 -
2161 -541
2162 -00:36:33,840 ~-~-> 00:36:37,050
2163 -a previous intermediate term. Hi. Is market structure
2164 -
2165 -542
2166 -00:36:37,050 ~-~-> 00:36:45,000
2167 -bullish or bearish? It's bullish. Okay. It's bullish. So,
2168 -
2169 -543
2170 -00:36:45,210 ~-~-> 00:36:47,760
2171 -even though you'll start seeing these short term lows and
2172 -
2173 -544
2174 -00:36:47,760 ~-~-> 00:36:50,610
2175 -highs in here, I think this is what gets everybody confused
2176 -
2177 -545
2178 -00:36:50,850 ~-~-> 00:36:55,680
2179 -is okay. Well, market flow has broken to the downside here.
2180 -
2181 -546
2182 -00:36:55,680 ~-~-> 00:37:00,810
2183 -So now I'm only going to be looking to be a seller why Why
2184 -
2185 -547
2186 -00:37:00,840 ~-~-> 00:37:05,370
2187 -What are you thinking? That's not as important as the
2188 -
2189 -548
2190 -00:37:05,370 ~-~-> 00:37:08,910
2191 -overall market structure. Market flow is gonna go up and now
2192 -
2193 -549
2194 -00:37:08,910 ~-~-> 00:37:11,340
2195 -all the time, then upon whatever timeframe you're looking
2196 -
2197 -550
2198 -00:37:11,340 ~-~-> 00:37:16,890
2199 -at, if this is a daily chart, okay, this being a bearish
2200 -
2201 -551
2202 -00:37:16,890 ~-~-> 00:37:20,460
2203 -market flow here, that's fine if you're a day trader, you
2204 -
2205 -552
2206 -00:37:20,460 ~-~-> 00:37:25,380
2207 -might even see trade lower. But generally, you're in a
2208 -
2209 -553
2210 -00:37:25,380 ~-~-> 00:37:27,900
2211 -bullish market environment as this intermediate term high
2212 -
2213 -554
2214 -00:37:27,930 ~-~-> 00:37:31,650
2215 -broke above a previous intermediate term high. So the trend
2216 -
2217 -555
2218 -00:37:32,070 ~-~-> 00:37:35,670
2219 -okay is bullish, the market structure is bullish, I would
2220 -
2221 -556
2222 -00:37:35,670 ~-~-> 00:37:39,750
2223 -expect to see expansion to the upside, okay, or another new
2224 -
2225 -557
2226 -00:37:39,750 ~-~-> 00:37:43,020
2227 -leg up. What do you mean by that? What's the previous leg?
2228 -
2229 -558
2230 -00:37:43,020 ~-~-> 00:37:46,410
2231 -Well, here's the enemy term high, whereas me term low or
2232 -
2233 -559
2234 -00:37:46,410 ~-~-> 00:37:50,910
2235 -long term low prior to it down here. So I'll be utilizing
2236 -
2237 -560
2238 -00:37:50,910 ~-~-> 00:37:54,570
2239 -this swing from this low to this high. At some point when
2240 -
2241 -561
2242 -00:37:54,570 ~-~-> 00:37:58,080
2243 -the market makes a low that's tradable. Okay, I would look
2244 -
2245 -562
2246 -00:37:58,080 ~-~-> 00:38:00,930
2247 -for that same price move from this high To this loan terms
2248 -
2249 -563
2250 -00:38:00,930 ~-~-> 00:38:03,930
2251 -of range, I would add it to whatever that buying point is to
2252 -
2253 -564
2254 -00:38:03,930 ~-~-> 00:38:08,700
2255 -the upside. Okay, now give me give me my measured move type
2256 -
2257 -565
2258 -00:38:08,700 ~-~-> 00:38:13,320
2259 -of analysis. Okay? So even though we'd start seeing all
2260 -
2261 -566
2262 -00:38:13,320 ~-~-> 00:38:17,010
2263 -these little short term lows breaking in, it looks like
2264 -
2265 -567
2266 -00:38:17,010 ~-~-> 00:38:20,520
2267 -market flow, which is not what I'm teaching here. I'm
2268 -
2269 -568
2270 -00:38:20,520 ~-~-> 00:38:23,490
2271 -teaching market structure. Okay, because that's to me is
2272 -
2273 -569
2274 -00:38:23,490 ~-~-> 00:38:26,730
2275 -much more significant, much more stronger in terms of
2276 -
2277 -570
2278 -00:38:26,730 ~-~-> 00:38:32,220
2279 -analysis that break above an intermediate term high here.
2280 -
2281 -571
2282 -00:38:33,090 ~-~-> 00:38:36,330
2283 -That to me is significant, because now even though we see a
2284 -
2285 -572
2286 -00:38:36,360 ~-~-> 00:38:40,110
2287 -retracement, all that's going to be is a low
2288 -
2289 -573
2290 -00:38:41,460 ~-~-> 00:38:44,010
2291 -to that intermediate term high as it retraces, what's it
2292 -
2293 -574
2294 -00:38:44,010 ~-~-> 00:38:46,080
2295 -going to go? It's going to retrace down to optimal trade
2296 -
2297 -575
2298 -00:38:46,080 ~-~-> 00:38:49,200
2299 -entry. I'm going to buy that and once it has its first
2300 -
2301 -576
2302 -00:38:49,200 ~-~-> 00:38:52,380
2303 -impulse off of that if I missed it, the first retracement
2304 -
2305 -577
2306 -00:38:52,380 ~-~-> 00:38:54,540
2307 -there, that's where I'm buying for an optimal trade entry.
2308 -
2309 -578
2310 -00:38:54,990 ~-~-> 00:38:59,790
2311 -So this is how you start anticipating. Okay, these fractal
2312 -
2313 -579
2314 -00:38:59,790 ~-~-> 00:39:03,810
2315 -pattern tends to unfold. Okay, these buy and sell models on
2316 -
2317 -580
2318 -00:39:03,810 ~-~-> 00:39:06,390
2319 -the market maker profile, okay, because you'll start seeing
2320 -
2321 -581
2322 -00:39:06,390 ~-~-> 00:39:09,960
2323 -these things unfold with this premise in mind. Okay, so
2324 -
2325 -582
2326 -00:39:09,990 ~-~-> 00:39:14,250
2327 -we've hopefully arrived that where we determined a bullish
2328 -
2329 -583
2330 -00:39:14,250 ~-~-> 00:39:22,590
2331 -or bearish market structure. Okay. Alright, we are looking
2332 -
2333 -584
2334 -00:39:22,620 ~-~-> 00:39:27,900
2335 -at a mountain and it's not a mountain guys, this is
2336 -
2337 -585
2338 -00:39:28,170 ~-~-> 00:39:34,140
2339 -depicting a rather crude overall swing high, okay or a
2340 -
2341 -586
2342 -00:39:34,170 ~-~-> 00:39:38,010
2343 -upswing in the marketplace, okay, that we would utilize for
2344 -
2345 -587
2346 -00:39:38,010 ~-~-> 00:39:41,970
2347 -going short. Okay, because our belief as professional
2348 -
2349 -588
2350 -00:39:41,970 ~-~-> 00:39:45,360
2351 -traders using technical analysis and price action, price
2352 -
2353 -589
2354 -00:39:45,360 ~-~-> 00:39:50,370
2355 -action is engineered to go up first to go down. Okay, so
2356 -
2357 -590
2358 -00:39:50,370 ~-~-> 00:39:53,070
2359 -price goes up to go down, and price goes down to go up.
2360 -
2361 -591
2362 -00:39:54,570 ~-~-> 00:40:02,820
2363 -Looking at this crude depiction of a market swing up If you
2364 -
2365 -592
2366 -00:40:02,850 ~-~-> 00:40:07,410
2367 -add to that, levels of pre determined key support resistance
2368 -
2369 -593
2370 -00:40:07,410 ~-~-> 00:40:11,940
2371 -levels, okay. And then what you would anticipate, okay,
2372 -
2373 -594
2374 -00:40:11,940 ~-~-> 00:40:15,810
2375 -you're going to anticipate at some point over here, price
2376 -
2377 -595
2378 -00:40:15,810 ~-~-> 00:40:21,090
2379 -may rally up, but as price rallies up, okay. If we have a
2380 -
2381 -596
2382 -00:40:21,090 ~-~-> 00:40:24,720
2383 -bullish market structure, think now if price is trading
2384 -
2385 -597
2386 -00:40:24,750 ~-~-> 00:40:30,630
2387 -around in this area here if prices at this point bullish on
2388 -
2389 -598
2390 -00:40:30,630 ~-~-> 00:40:34,200
2391 -the market structure, and this is a key support resistance
2392 -
2393 -599
2394 -00:40:34,200 ~-~-> 00:40:38,520
2395 -level, okay, if price is going up to it, do we anticipate
2396 -
2397 -600
2398 -00:40:38,550 ~-~-> 00:40:42,450
2399 -price to trade here and trade lower? Or do we anticipate
2400 -
2401 -601
2402 -00:40:42,450 ~-~-> 00:40:46,140
2403 -price breaking that and coming back to it and finding
2404 -
2405 -602
2406 -00:40:46,140 ~-~-> 00:40:51,300
2407 -support? Hopefully the latter, okay. The higher time frame
2408 -
2409 -603
2410 -00:40:51,300 ~-~-> 00:40:54,870
2411 -premise is going to have more weight. So if we are looking
2412 -
2413 -604
2414 -00:40:54,870 ~-~-> 00:41:00,000
2415 -for bullish prices, we're going to have more influence or x
2416 -
2417 -605
2418 -00:41:00,000 ~-~-> 00:41:03,930
2419 -dictation rather, on seeing support and resistance levels
2420 -
2421 -606
2422 -00:41:03,930 ~-~-> 00:41:06,900
2423 -being broken to the upside, and eventually coming back and
2424 -
2425 -607
2426 -00:41:06,900 ~-~-> 00:41:10,410
2427 -finding support. So these levels, we would have more
2428 -
2429 -608
2430 -00:41:10,950 ~-~-> 00:41:13,950
2431 -credibility established on the fact that it's going to break
2432 -
2433 -609
2434 -00:41:13,950 ~-~-> 00:41:17,400
2435 -as resistance but then come back and find the support. Same
2436 -
2437 -610
2438 -00:41:17,400 ~-~-> 00:41:20,310
2439 -thing here as price rallies up through this level here. We
2440 -
2441 -611
2442 -00:41:20,310 ~-~-> 00:41:24,600
2443 -expect it to give way on the upside, but then find likely
2444 -
2445 -612
2446 -00:41:24,600 ~-~-> 00:41:27,870
2447 -support here later on. Okay, if it trades back to it, same
2448 -
2449 -613
2450 -00:41:27,870 ~-~-> 00:41:30,450
2451 -thing as we're trading up to these resistance levels, we
2452 -
2453 -614
2454 -00:41:30,450 ~-~-> 00:41:33,540
2455 -would anticipate price giving way as broken resistance, but
2456 -
2457 -615
2458 -00:41:33,600 ~-~-> 00:41:38,010
2459 -we'll lend support. Okay, again, we get to a higher
2460 -
2461 -616
2462 -00:41:38,010 ~-~-> 00:41:42,510
2463 -timeframe key resistance level, okay. When we see this, this
2464 -
2465 -617
2466 -00:41:42,510 ~-~-> 00:41:46,470
2467 -may be a very higher timeframe daily, weekly, monthly, okay,
2468 -
2469 -618
2470 -00:41:46,500 ~-~-> 00:41:49,950
2471 -or it could be a big figure on top of it. It could be a
2472 -
2473 -619
2474 -00:41:49,950 ~-~-> 00:41:52,950
2475 -monthly high on top of a key resistance level, a lot of
2476 -
2477 -620
2478 -00:41:52,950 ~-~-> 00:41:56,490
2479 -factors overlapping this specific price point making it a
2480 -
2481 -621
2482 -00:41:56,490 ~-~-> 00:42:01,170
2483 -key level. We would anticipate the reversal here And then
2484 -
2485 -622
2486 -00:42:01,170 ~-~-> 00:42:05,130
2487 -obviously, with that expectation we want to dissipate to
2488 -
2489 -623
2490 -00:42:05,130 ~-~-> 00:42:08,160
2491 -support levels to start breaking down. And then once they're
2492 -
2493 -624
2494 -00:42:08,160 ~-~-> 00:42:11,550
2495 -broken, we would anticipate those support levels to be more
2496 -
2497 -625
2498 -00:42:11,550 ~-~-> 00:42:14,670
2499 -influential in price in terms of resistance. Okay, and
2500 -
2501 -626
2502 -00:42:14,670 ~-~-> 00:42:17,550
2503 -again, going lower this level here, we wouldn't see it
2504 -
2505 -627
2506 -00:42:17,610 ~-~-> 00:42:22,290
2507 -giveaway as support, break it, and we'll permit price to
2508 -
2509 -628
2510 -00:42:22,290 ~-~-> 00:42:25,680
2511 -come back to it but lend and anticipate it to be as
2512 -
2513 -629
2514 -00:42:25,710 ~-~-> 00:42:29,040
2515 -resistance. As price moves lower. Again, we wouldn't see
2516 -
2517 -630
2518 -00:42:29,040 ~-~-> 00:42:32,040
2519 -support be broken, but we would be comfortable with it being
2520 -
2521 -631
2522 -00:42:32,040 ~-~-> 00:42:35,910
2523 -retested as resistance and then trading lower obviously into
2524 -
2525 -632
2526 -00:42:35,910 ~-~-> 00:42:38,850
2527 -our objectives. So what does that really look like in terms
2528 -
2529 -633
2530 -00:42:38,850 ~-~-> 00:42:43,620
2531 -of price swings with that same model? Well, here's a crude
2532 -
2533 -634
2534 -00:42:43,620 ~-~-> 00:42:44,490
2535 -example. Obviously,
2536 -
2537 -635
2538 -00:42:45,780 ~-~-> 00:42:48,660
2539 -we'd see price straight up to these levels, maybe even offer
2540 -
2541 -636
2542 -00:42:48,660 ~-~-> 00:42:51,990
2543 -very, very short term resistance and that was what we
2544 -
2545 -637
2546 -00:42:52,050 ~-~-> 00:42:57,090
2547 -expect, okay, but we're really anticipating price to break
2548 -
2549 -638
2550 -00:42:57,090 ~-~-> 00:43:01,440
2551 -through these levels as price moves higher. permit price to
2552 -
2553 -639
2554 -00:43:01,440 ~-~-> 00:43:04,770
2555 -find support there. But being cognizant to the fact that
2556 -
2557 -640
2558 -00:43:04,770 ~-~-> 00:43:08,730
2559 -price is not going to always stop on a dime, allowing
2560 -
2561 -641
2562 -00:43:08,730 ~-~-> 00:43:13,740
2563 -slipping through our predetermine levels. Now, when price
2564 -
2565 -642
2566 -00:43:13,740 ~-~-> 00:43:18,300
2567 -does that this creates new shorter term support resistance
2568 -
2569 -643
2570 -00:43:18,300 ~-~-> 00:43:20,490
2571 -levels. So while these may be higher time frame support
2572 -
2573 -644
2574 -00:43:20,490 ~-~-> 00:43:25,980
2575 -resistance levels, respectively. As price moves and gyrates
2576 -
2577 -645
2578 -00:43:25,980 ~-~-> 00:43:28,920
2579 -between these levels, it's going to create new support
2580 -
2581 -646
2582 -00:43:28,920 ~-~-> 00:43:32,190
2583 -resistance levels on a lower timeframe. So they're going to
2584 -
2585 -647
2586 -00:43:32,190 ~-~-> 00:43:36,510
2587 -be useful to us in terms of short term trading. And
2588 -
2589 -648
2590 -00:43:37,140 ~-~-> 00:43:40,380
2591 -obviously, the better signals will build around the higher
2592 -
2593 -649
2594 -00:43:40,380 ~-~-> 00:43:43,830
2595 -time frame support resistance levels, but don't be afraid to
2596 -
2597 -650
2598 -00:43:43,830 ~-~-> 00:43:48,780
2599 -take trades in sync with the overall model. Okay, or
2600 -
2601 -651
2602 -00:43:48,780 ~-~-> 00:43:52,440
2603 -direction if it provides it even if it's on a shorter term,
2604 -
2605 -652
2606 -00:43:52,710 ~-~-> 00:43:55,740
2607 -so in other words, if this is a daily, okay, these short
2608 -
2609 -653
2610 -00:43:55,740 ~-~-> 00:43:59,640
2611 -term lows in here can be traded on a one hour 15 minute
2612 -
2613 -654
2614 -00:43:59,640 ~-~-> 00:44:03,090
2615 -basis. And surely with a five minute chart, okay, getting in
2616 -
2617 -655
2618 -00:44:03,090 ~-~-> 00:44:06,600
2619 -sync with the higher timeframe surge up into a higher time
2620 -
2621 -656
2622 -00:44:06,600 ~-~-> 00:44:11,490
2623 -frame resistance level and then slide lower on the other
2624 -
2625 -657
2626 -00:44:11,490 ~-~-> 00:44:14,970
2627 -side of this fractal. Okay. So again as price starts to
2628 -
2629 -658
2630 -00:44:14,970 ~-~-> 00:44:17,820
2631 -break down over here and market structure broken, you can
2632 -
2633 -659
2634 -00:44:17,820 ~-~-> 00:44:20,490
2635 -get your standard optimal trade entry bearish patterns, okay
2636 -
2637 -660
2638 -00:44:20,490 ~-~-> 00:44:23,790
2639 -and then you will start seeing these levels provide you
2640 -
2641 -661
2642 -00:44:23,790 ~-~-> 00:44:28,680
2643 -resistance, okay and if it trades to support, it should be
2644 -
2645 -662
2646 -00:44:28,680 ~-~-> 00:44:31,980
2647 -very short term very little momentum up. Okay, that's what
2648 -
2649 -663
2650 -00:44:31,980 ~-~-> 00:44:34,680
2651 -you're looking for the key is you want to see very little
2652 -
2653 -664
2654 -00:44:34,680 ~-~-> 00:44:38,250
2655 -bounce to the upside. That's your clue that the levels are
2656 -
2657 -665
2658 -00:44:38,250 ~-~-> 00:44:41,700
2659 -going to break down as support but will be more influential
2660 -
2661 -666
2662 -00:44:41,700 ~-~-> 00:44:44,730
2663 -as resistance on this side, much in the same capacity on the
2664 -
2665 -667
2666 -00:44:44,730 ~-~-> 00:44:49,080
2667 -reverse as prices moving up here that these levels will
2668 -
2669 -668
2670 -00:44:49,080 ~-~-> 00:44:52,440
2671 -provide very short term resistance but events a giveaway but
2672 -
2673 -669
2674 -00:44:52,710 ~-~-> 00:45:00,180
2675 -be very influential in terms of finding support machines In
2676 -
2677 -670
2678 -00:45:00,180 ~-~-> 00:45:05,880
2679 -capacity of looking for price swings higher for selling dips
2680 -
2681 -671
2682 -00:45:05,880 ~-~-> 00:45:09,510
2683 -in the marketplace obviously are no different just simply
2684 -
2685 -672
2686 -00:45:09,510 ~-~-> 00:45:14,340
2687 -reversing the rules assuming that we do have key support
2688 -
2689 -673
2690 -00:45:14,340 ~-~-> 00:45:18,480
2691 -levels, okay, these being noted here, same premise in mind
2692 -
2693 -674
2694 -00:45:18,480 ~-~-> 00:45:21,180
2695 -that as price was moving lower, were expecting these levels
2696 -
2697 -675
2698 -00:45:21,180 ~-~-> 00:45:24,870
2699 -to break way and if price trades back to them, again they
2700 -
2701 -676
2702 -00:45:24,870 ~-~-> 00:45:28,320
2703 -should lend resistance as price trades down into a higher
2704 -
2705 -677
2706 -00:45:28,320 ~-~-> 00:45:31,410
2707 -timeframe key support level down here. We went anticipate
2708 -
2709 -678
2710 -00:45:31,410 ~-~-> 00:45:35,310
2711 -that reversal here, okay. And this would be an ideal
2712 -
2713 -679
2714 -00:45:35,340 ~-~-> 00:45:40,500
2715 -indication to apply the market maker profile for buying
2716 -
2717 -680
2718 -00:45:40,710 ~-~-> 00:45:44,760
2719 -Okay, the buy model and as price moves up higher, obviously,
2720 -
2721 -681
2722 -00:45:44,850 ~-~-> 00:45:48,360
2723 -the resistance should be broken, but permitting price to
2724 -
2725 -682
2726 -00:45:48,360 ~-~-> 00:45:51,540
2727 -come back to find support. Again, looking for price to break
2728 -
2729 -683
2730 -00:45:51,540 ~-~-> 00:45:54,330
2731 -through but allowing price to come back and find support.
2732 -
2733 -684
2734 -00:45:55,020 ~-~-> 00:45:59,280
2735 -This is the overall price swing down okay and the concept
2736 -
2737 -685
2738 -00:45:59,280 ~-~-> 00:46:03,000
2739 -that I use for support resistance and how I measure and
2740 -
2741 -686
2742 -00:46:03,000 ~-~-> 00:46:07,590
2743 -anticipate a specific price level. And if it's an overall
2744 -
2745 -687
2746 -00:46:07,590 ~-~-> 00:46:11,010
2747 -profile that's bullish, I'm going to look for resistance to
2748 -
2749 -688
2750 -00:46:11,010 ~-~-> 00:46:14,820
2751 -provide support more than resistance. Okay, and I'm looking
2752 -
2753 -689
2754 -00:46:14,820 ~-~-> 00:46:18,180
2755 -for confirmation in that in terms of price action.
2756 -
2757 -690
2758 -00:46:21,929 ~-~-> 00:46:23,129
2759 -What does that look like? What a
2760 -
2761 -691
2762 -00:46:24,929 ~-~-> 00:46:28,169
2763 -crude depiction of price. Obviously it looks like this
2764 -
2765 -692
2766 -00:46:28,529 ~-~-> 00:46:32,159
2767 -levels providing short term support but getting away, coming
2768 -
2769 -693
2770 -00:46:32,159 ~-~-> 00:46:35,699
2771 -back finding resistance, but permitting slipping, not
2772 -
2773 -694
2774 -00:46:36,809 ~-~-> 00:46:40,319
2775 -expecting price to always stop on a dime. Looking for
2776 -
2777 -695
2778 -00:46:40,319 ~-~-> 00:46:44,099
2779 -obviously, all these levels to give way but looking for more
2780 -
2781 -696
2782 -00:46:44,339 ~-~-> 00:46:47,909
2783 -in terms of these levels of resistance than the RS support,
2784 -
2785 -697
2786 -00:46:48,239 ~-~-> 00:46:50,819
2787 -then the higher time frame support level, causing the
2788 -
2789 -698
2790 -00:46:50,819 ~-~-> 00:46:53,879
2791 -reversal. This would be the market maker profile for the
2792 -
2793 -699
2794 -00:46:53,879 ~-~-> 00:46:57,629
2795 -buy. In obviously looking for upside, breaking all the
2796 -
2797 -700
2798 -00:46:57,629 ~-~-> 00:47:01,769
2799 -levels as hopefully The market provides little to no
2800 -
2801 -701
2802 -00:47:01,799 ~-~-> 00:47:04,919
2803 -resistance but lending at these predetermined levels on a
2804 -
2805 -702
2806 -00:47:04,919 ~-~-> 00:47:07,919
2807 -high timeframe monthly, weekly daily for hour and one hour,
2808 -
2809 -703
2810 -00:47:08,039 ~-~-> 00:47:10,979
2811 -nothing less than a one hour. There's levels that will be
2812 -
2813 -704
2814 -00:47:10,979 ~-~-> 00:47:14,579
2815 -clearly discernible in those high timeframes to provide
2816 -
2817 -705
2818 -00:47:14,579 ~-~-> 00:47:15,719
2819 -support for price.
2820 -
2821 -706
2822 -00:47:22,230 ~-~-> 00:47:24,690
2823 -Okay, we are looking at the Australian dollar. This is a
2824 -
2825 -707
2826 -00:47:24,690 ~-~-> 00:47:27,540
2827 -daily chart. Okay, and some of you that were at the webinar
2828 -
2829 -708
2830 -00:47:27,570 ~-~-> 00:47:33,600
2831 -that I did with Mr. Chris Laurie. We did a webinar together.
2832 -
2833 -709
2834 -00:47:33,990 ~-~-> 00:47:38,610
2835 -And I highlighted this very level here, the one on 150 on
2836 -
2837 -710
2838 -00:47:38,610 ~-~-> 00:47:43,830
2839 -the Australian dollar. And before we build on this example,
2840 -
2841 -711
2842 -00:47:43,830 ~-~-> 00:47:47,490
2843 -I just want to clearly discern, and this is a real quick
2844 -
2845 -712
2846 -00:47:47,490 ~-~-> 00:47:51,390
2847 -rehash of what was discovered in that presentation. If you
2848 -
2849 -713
2850 -00:47:51,390 ~-~-> 00:47:57,420
2851 -use this low here, and the high here, this red line here is
2852 -
2853 -714
2854 -00:47:57,420 ~-~-> 00:48:01,890
2855 -essentially around the 50% mark or level of the range
2856 -
2857 -715
2858 -00:48:01,890 ~-~-> 00:48:06,720
2859 -between this high and this low and it is a mid figure point.
2860 -
2861 -716
2862 -00:48:06,810 ~-~-> 00:48:11,580
2863 -In other words, it's a 50 level one on 150. This area here
2864 -
2865 -717
2866 -00:48:11,610 ~-~-> 00:48:15,870
2867 -is where we'd anticipate an opportunity to get long in here
2868 -
2869 -718
2870 -00:48:16,080 ~-~-> 00:48:20,490
2871 -or a buy. Okay, so we're going to use this whole thing in
2872 -
2873 -719
2874 -00:48:20,490 ~-~-> 00:48:23,430
2875 -terms of price action, this small little sampling, okay,
2876 -
2877 -720
2878 -00:48:23,969 ~-~-> 00:48:25,019
2879 -to how
2880 -
2881 -721
2882 -00:48:25,889 ~-~-> 00:48:30,209
2883 -you utilize this market maker profile in not just the buying
2884 -
2885 -722
2886 -00:48:30,209 ~-~-> 00:48:32,069
2887 -scenario, but we're also going to look at how it could be
2888 -
2889 -723
2890 -00:48:32,069 ~-~-> 00:48:34,979
2891 -utilized in that small little segment of price action. Hey,
2892 -
2893 -724
2894 -00:48:34,979 ~-~-> 00:48:36,149
2895 -could be a seller as well.
2896 -
2897 -725
2898 -00:48:44,639 ~-~-> 00:48:48,839
2899 -Alright, we are looking at this specific area in price.
2900 -
2901 -726
2902 -00:48:49,709 ~-~-> 00:48:53,699
2903 -Okay, this little gray box is going to delineate the very
2904 -
2905 -727
2906 -00:48:53,699 ~-~-> 00:48:59,369
2907 -nature of a market maker profile. We're going to talk about
2908 -
2909 -728
2910 -00:48:59,429 ~-~-> 00:49:05,339
2911 -how Using this reversal scenario, okay? Because that's what
2912 -
2913 -729
2914 -00:49:05,339 ~-~-> 00:49:08,969
2915 -this is being taught here, I'm not teaching you trend
2916 -
2917 -730
2918 -00:49:09,299 ~-~-> 00:49:12,629
2919 -following short term trading, like the short term trading
2920 -
2921 -731
2922 -00:49:12,629 ~-~-> 00:49:18,359
2923 -video module does, okay? I emitted the reversal, okay, or
2924 -
2925 -732
2926 -00:49:18,659 ~-~-> 00:49:22,709
2927 -pure support resistance plays. Okay, that's many times very
2928 -
2929 -733
2930 -00:49:22,709 ~-~-> 00:49:25,319
2931 -difficult for a lot of traders to do. It's easy to trade
2932 -
2933 -734
2934 -00:49:25,319 ~-~-> 00:49:28,979
2935 -with the trend. And I teach that first, because it's easy to
2936 -
2937 -735
2938 -00:49:28,979 ~-~-> 00:49:32,549
2939 -do. This type of trading takes a little bit more finesse,
2940 -
2941 -736
2942 -00:49:32,579 ~-~-> 00:49:34,919
2943 -and it takes a lot of confidence in your ability to read
2944 -
2945 -737
2946 -00:49:34,919 ~-~-> 00:49:37,919
2947 -price, and understand what key support resistance levels
2948 -
2949 -738
2950 -00:49:37,919 ~-~-> 00:49:42,509
2951 -are. But obviously, looking at daily chart, the one on 150
2952 -
2953 -739
2954 -00:49:42,509 ~-~-> 00:49:45,689
2955 -level, and the fact that was a midpoint of that big large
2956 -
2957 -740
2958 -00:49:45,689 ~-~-> 00:49:49,289
2959 -range, and just put a one on 150 level on your chart and
2960 -
2961 -741
2962 -00:49:49,319 ~-~-> 00:49:52,469
2963 -study how many times it has been support resistance over the
2964 -
2965 -742
2966 -00:49:52,469 ~-~-> 00:49:56,069
2967 -last number of years really, and you'll quickly discern that
2968 -
2969 -743
2970 -00:49:56,069 ~-~-> 00:50:00,239
2971 -as a key support resistance level. So we're going to drill
2972 -
2973 -744
2974 -00:50:00,239 ~-~-> 00:50:03,629
2975 -down into this small little box here, okay, essentially and
2976 -
2977 -745
2978 -00:50:03,629 ~-~-> 00:50:07,109
2979 -break this whole thing down and utilize the market maker
2980 -
2981 -746
2982 -00:50:07,109 ~-~-> 00:50:09,599
2983 -profile in the Australian dollar.
2984 -
2985 -747
2986 -00:50:15,599 ~-~-> 00:50:19,979
2987 -Alright, inside that gray box, there's a smaller little
2988 -
2989 -748
2990 -00:50:19,979 ~-~-> 00:50:25,559
2991 -range. This small little range is where all of the busy bees
2992 -
2993 -749
2994 -00:50:25,589 ~-~-> 00:50:31,109
2995 -were doing all their work, busy bees and this analogy is the
2996 -
2997 -750
2998 -00:50:31,199 ~-~-> 00:50:35,339
2999 -smart money. Now, the smart money will accumulate during
3000 -
3001 -751
3002 -00:50:35,369 ~-~-> 00:50:38,759
3003 -consolidations. Okay, and here's I want you to think for a
3004 -
3005 -752
3006 -00:50:38,759 ~-~-> 00:50:43,229
3007 -moment imagine smart money, the central banks and the big
3008 -
3009 -753
3010 -00:50:43,229 ~-~-> 00:50:47,249
3011 -dealers. Okay, the guys that are the movers and shakers in
3012 -
3013 -754
3014 -00:50:47,249 ~-~-> 00:50:53,069
3015 -the marketplace, okay. If this entity, they were going to
3016 -
3017 -755
3018 -00:50:53,159 ~-~-> 00:50:57,899
3019 -quote unquote call smart money. Okay. They are the big dogs
3020 -
3021 -756
3022 -00:50:57,899 ~-~-> 00:51:02,789
3023 -that are big players in the industry. We're gonna more or
3024 -
3025 -757
3026 -00:51:02,789 ~-~-> 00:51:06,629
3027 -less think of them as a Tyrannosaurus Rex. Okay, the big
3028 -
3029 -758
3030 -00:51:06,629 ~-~-> 00:51:10,499
3031 -dinosaur, okay. That is the carnivore of all carnivores.
3032 -
3033 -759
3034 -00:51:10,499 ~-~-> 00:51:15,779
3035 -There they are it. Okay. apex predators by definition if
3036 -
3037 -760
3038 -00:51:15,779 ~-~-> 00:51:21,899
3039 -this big dinosaur, okay, wants to jump into the poll. All
3040 -
3041 -761
3042 -00:51:21,899 ~-~-> 00:51:25,859
3043 -right, and the pool being the marketplace. Let's assume for
3044 -
3045 -762
3046 -00:51:25,859 ~-~-> 00:51:30,329
3047 -a moment, the dinosaur is smart money because it's so big,
3048 -
3049 -763
3050 -00:51:30,419 ~-~-> 00:51:33,689
3051 -okay, it's so huge in terms of its ability to move the
3052 -
3053 -764
3054 -00:51:33,689 ~-~-> 00:51:39,449
3055 -marketplace. If this dinosaur Smart Money jumps into the
3056 -
3057 -765
3058 -00:51:39,449 ~-~-> 00:51:43,499
3059 -pole, what's going to happen? It's going to be a huge
3060 -
3061 -766
3062 -00:51:43,529 ~-~-> 00:51:46,829
3063 -reaction to the water. Okay, in number one, the water level
3064 -
3065 -767
3066 -00:51:46,829 ~-~-> 00:51:49,769
3067 -is going to rise up quickly. Okay, and it's gonna make a big
3068 -
3069 -768
3070 -00:51:49,799 ~-~-> 00:51:55,019
3071 -impact. Okay, a big splash in the market. You see that in
3072 -
3073 -769
3074 -00:51:55,019 ~-~-> 00:51:59,279
3075 -price action, okay. If there's a lot of buying during a
3076 -
3077 -770
3078 -00:51:59,279 ~-~-> 00:52:02,969
3079 -consolidation price moves up out of that, okay, and it moves
3080 -
3081 -771
3082 -00:52:02,969 ~-~-> 00:52:08,849
3083 -quickly. This dinosaur okay knows that it can't buy a lot
3084 -
3085 -772
3086 -00:52:08,879 ~-~-> 00:52:12,629
3087 -and not move the market. Okay? It's going to create a
3088 -
3089 -773
3090 -00:52:12,629 ~-~-> 00:52:17,879
3091 -demand. So if it wants to assume a position but it wants to
3092 -
3093 -774
3094 -00:52:17,879 ~-~-> 00:52:22,259
3095 -get an average price, okay? In other words Smart Money wants
3096 -
3097 -775
3098 -00:52:22,259 ~-~-> 00:52:26,339
3099 -to get involved here, okay, it sees value here. It'll buy
3100 -
3101 -776
3102 -00:52:26,339 ~-~-> 00:52:30,689
3103 -some, but because it buys it in such large quantities and
3104 -
3105 -777
3106 -00:52:30,689 ~-~-> 00:52:35,879
3107 -creates a short term demand for it, okay? It will wane off
3108 -
3109 -778
3110 -00:52:35,879 ~-~-> 00:52:40,139
3111 -its buying allow price to move back to a more favorable
3112 -
3113 -779
3114 -00:52:40,349 ~-~-> 00:52:43,769
3115 -point, okay, or equilibrium, okay, and they'll buy a little
3116 -
3117 -780
3118 -00:52:43,769 ~-~-> 00:52:46,739
3119 -bit more, okay, and as they buy it or rally up even more.
3120 -
3121 -781
3122 -00:52:47,069 ~-~-> 00:52:50,309
3123 -Now, they don't want to draw too much attention and they
3124 -
3125 -782
3126 -00:52:50,309 ~-~-> 00:52:53,309
3127 -don't really want to see price move too far away what their
3128 -
3129 -783
3130 -00:52:53,309 ~-~-> 00:52:57,089
3131 -average hopeful price would be. Okay? So they're looking at
3132 -
3133 -784
3134 -00:52:57,089 ~-~-> 00:53:01,739
3135 -price eventually moving lower. Okay. moves back lower into
3136 -
3137 -785
3138 -00:53:01,739 ~-~-> 00:53:05,639
3139 -that same consolidation area, this specific point is where
3140 -
3141 -786
3142 -00:53:05,639 ~-~-> 00:53:08,249
3143 -they're going to accumulate more of that same position.
3144 -
3145 -787
3146 -00:53:08,489 ~-~-> 00:53:11,759
3147 -Okay, so they're that dinosaur wanting to get in the pool.
3148 -
3149 -788
3150 -00:53:11,939 ~-~-> 00:53:14,339
3151 -So they're going to go in that water, one leg at a time,
3152 -
3153 -789
3154 -00:53:14,339 ~-~-> 00:53:18,329
3155 -slowly but surely putting themselves in that water. Now, by
3156 -
3157 -790
3158 -00:53:18,329 ~-~-> 00:53:22,529
3159 -doing that, yes, the water level will rise, it'll rise up
3160 -
3161 -791
3162 -00:53:22,739 ~-~-> 00:53:25,739
3163 -quickly at first, but then it'll wait for the waves to
3164 -
3165 -792
3166 -00:53:25,739 ~-~-> 00:53:28,499
3167 -settle smooth out a little bit, and then it'll start to put
3168 -
3169 -793
3170 -00:53:28,499 ~-~-> 00:53:32,729
3171 -its new leg in, okay, and then slowly lowering its body. And
3172 -
3173 -794
3174 -00:53:32,729 ~-~-> 00:53:35,399
3175 -eventually, once it's down to its shoulder length, the mark
3176 -
3177 -795
3178 -00:53:35,399 ~-~-> 00:53:38,189
3179 -will be all up here. Okay. And at that point, everybody in
3180 -
3181 -796
3182 -00:53:38,189 ~-~-> 00:53:40,679
3183 -the market will say, wait a minute, this is a bullish
3184 -
3185 -797
3186 -00:53:40,679 ~-~-> 00:53:43,409
3187 -market. Let's get in here and start buying it. So we don't
3188 -
3189 -798
3190 -00:53:43,409 ~-~-> 00:53:46,979
3191 -want to be buying when it's obvious. Okay. We want to be
3192 -
3193 -799
3194 -00:53:46,979 ~-~-> 00:53:50,339
3195 -getting in there when that Tyrannosaurus rex is lowering one
3196 -
3197 -800
3198 -00:53:50,339 ~-~-> 00:53:53,669
3199 -leg at a time and, and we'll know it. Okay, we'll know it
3200 -
3201 -801
3202 -00:53:53,669 ~-~-> 00:53:55,739
3203 -when it happens. When it starts to move up as a
3204 -
3205 -802
3206 -00:53:55,739 ~-~-> 00:54:01,439
3207 -consolidation. We know that that large entity we In called
3208 -
3209 -803
3210 -00:54:01,469 ~-~-> 00:54:05,309
3211 -Smart Money is on the move it's doing something, because the
3212 -
3213 -804
3214 -00:54:05,309 ~-~-> 00:54:08,939
3215 -public's not going to make a rally up like that. Okay? Only
3216 -
3217 -805
3218 -00:54:08,939 ~-~-> 00:54:11,789
3219 -institutional level trading is going to move price, same way
3220 -
3221 -806
3222 -00:54:11,789 ~-~-> 00:54:15,179
3223 -it does here, there's going to be an absence of interest on
3224 -
3225 -807
3226 -00:54:15,179 ~-~-> 00:54:18,209
3227 -the buying aspect of the market. So if the institutions are
3228 -
3229 -808
3230 -00:54:18,209 ~-~-> 00:54:21,179
3231 -not willing to buy, okay, what's going to happen? price is
3232 -
3233 -809
3234 -00:54:21,179 ~-~-> 00:54:23,939
3235 -going to fall on a bet. And if they do selling in here, it's
3236 -
3237 -810
3238 -00:54:23,939 ~-~-> 00:54:26,429
3239 -going to cause capitulation, which is what you see here as
3240 -
3241 -811
3242 -00:54:26,429 ~-~-> 00:54:29,669
3243 -well. But price trades down into this higher time frame
3244 -
3245 -812
3246 -00:54:29,669 ~-~-> 00:54:34,289
3247 -101 50 level. And I have a smaller short term level here,
3248 -
3249 -813
3250 -00:54:34,289 ~-~-> 00:54:37,019
3251 -but we're talking about that here. We're just gonna focus on
3252 -
3253 -814
3254 -00:54:37,019 ~-~-> 00:54:39,749
3255 -that one on 150 level. So we have a higher time frame
3256 -
3257 -815
3258 -00:54:39,749 ~-~-> 00:54:43,709
3259 -support level, and then prices inside of this range. Okay,
3260 -
3261 -816
3262 -00:54:43,709 ~-~-> 00:54:47,549
3263 -we would expect accumulation to be unfolding. Now, again, we
3264 -
3265 -817
3266 -00:54:47,549 ~-~-> 00:54:51,299
3267 -don't know who Smart Money is. We just know that the Smart
3268 -
3269 -818
3270 -00:54:51,299 ~-~-> 00:54:54,899
3271 -Money entity itself is going to most likely work its way in
3272 -
3273 -819
3274 -00:54:54,899 ~-~-> 00:54:57,179
3275 -the marketplace here because we're at a higher time frame
3276 -
3277 -820
3278 -00:54:57,179 ~-~-> 00:55:01,769
3279 -support level. So as prices are Break up out of here. Okay,
3280 -
3281 -821
3282 -00:55:02,129 ~-~-> 00:55:07,589
3283 -this area sets the stage for what we want to see the market
3284 -
3285 -822
3286 -00:55:07,589 ~-~-> 00:55:08,339
3287 -maker profile.
3288 -
3289 -823
3290 -00:55:10,110 ~-~-> 00:55:12,690
3291 -We're going to start seeing the characteristics that these
3292 -
3293 -824
3294 -00:55:12,690 ~-~-> 00:55:16,440
3295 -market maker profiles provide for us in terms of
3296 -
3297 -825
3298 -00:55:16,440 ~-~-> 00:55:22,980
3299 -anticipation in terms of price action. So let's go in and
3300 -
3301 -826
3302 -00:55:22,980 ~-~-> 00:55:25,590
3303 -look at this specific segment of the marketplace. Again,
3304 -
3305 -827
3306 -00:55:25,590 ~-~-> 00:55:29,850
3307 -this is the Australian dollar. Okay, and we're drilled in to
3308 -
3309 -828
3310 -00:55:30,120 ~-~-> 00:55:34,620
3311 -October 7 and eighth, okay, and here's that area where we
3312 -
3313 -829
3314 -00:55:34,620 ~-~-> 00:55:39,180
3315 -sold off so we had a consolidation here, price broke down,
3316 -
3317 -830
3318 -00:55:39,180 ~-~-> 00:55:42,120
3319 -move into another consolidation at that higher timeframe,
3320 -
3321 -831
3322 -00:55:42,120 ~-~-> 00:55:46,080
3323 -one on 150 key support level, price inside this
3324 -
3325 -832
3326 -00:55:46,080 ~-~-> 00:55:49,920
3327 -consolidation, it moves up out of it. Okay, and this was the
3328 -
3329 -833
3330 -00:55:49,920 ~-~-> 00:55:53,700
3331 -first indication that we had smart money, enter the
3332 -
3333 -834
3334 -00:55:53,700 ~-~-> 00:55:57,450
3335 -marketplace, okay, without looking at all this information
3336 -
3337 -835
3338 -00:55:57,450 ~-~-> 00:55:58,920
3339 -over here because we're gonna come back to that in a little
3340 -
3341 -836
3342 -00:55:58,920 ~-~-> 00:56:04,860
3343 -while. price action here is very, very symmetrical. Okay? In
3344 -
3345 -837
3346 -00:56:04,860 ~-~-> 00:56:08,520
3347 -other words, there's a lot of symmetry to how prices moving
3348 -
3349 -838
3350 -00:56:08,520 ~-~-> 00:56:11,430
3351 -in here. It's nothing that you can't see on your own after
3352 -
3353 -839
3354 -00:56:11,430 ~-~-> 00:56:14,700
3355 -some study. But what do you want to? What do you want to
3356 -
3357 -840
3358 -00:56:14,910 ~-~-> 00:56:22,200
3359 -focus on here? Is the nature of the BI model. Okay? I want
3360 -
3361 -841
3362 -00:56:22,200 ~-~-> 00:56:26,910
3363 -you to look in this example and find the by model. Can you
3364 -
3365 -842
3366 -00:56:26,910 ~-~-> 00:56:31,980
3367 -see that by model in this small area of price? I'll give you
3368 -
3369 -843
3370 -00:56:31,980 ~-~-> 00:56:39,840
3371 -a moment to look at it. Okay, then looking at price action,
3372 -
3373 -844
3374 -00:56:39,900 ~-~-> 00:56:44,340
3375 -okay. Again, focusing on this area here. This is your sell
3376 -
3377 -845
3378 -00:56:44,340 ~-~-> 00:56:48,840
3379 -model. Do you see in that same example, in terms of price
3380 -
3381 -846
3382 -00:56:48,840 ~-~-> 00:56:51,840
3383 -action, do you see an example of where that sell model can
3384 -
3385 -847
3386 -00:56:51,840 ~-~-> 00:56:57,900
3387 -be found in this small segment of price action. Again, I'll
3388 -
3389 -848
3390 -00:56:57,900 ~-~-> 00:57:01,380
3391 -give you a moment or two to see if you can find it. And I'm
3392 -
3393 -849
3394 -00:57:01,380 ~-~-> 00:57:03,660
3395 -going to give you example of it. So don't worry if you can't
3396 -
3397 -850
3398 -00:57:03,660 ~-~-> 00:57:08,070
3399 -see it because it's just an exercise of observation. Okay?
3400 -
3401 -851
3402 -00:57:09,300 ~-~-> 00:57:16,170
3403 -And now looking at this example in price, when we see the
3404 -
3405 -852
3406 -00:57:16,170 ~-~-> 00:57:20,490
3407 -market maker profile, setting up, and we're going to give,
3408 -
3409 -853
3410 -00:57:20,580 ~-~-> 00:57:28,350
3411 -again, very clear examples inside this segment of price. You
3412 -
3413 -854
3414 -00:57:28,350 ~-~-> 00:57:32,160
3415 -can anticipate what's going to most likely unfold again,
3416 -
3417 -855
3418 -00:57:32,160 ~-~-> 00:57:34,860
3419 -it's no guarantee that when you see these things, it's going
3420 -
3421 -856
3422 -00:57:34,860 ~-~-> 00:57:39,600
3423 -to happen exactly to script. But to me, this is how you know
3424 -
3425 -857
3426 -00:57:39,600 ~-~-> 00:57:42,630
3427 -I look like you know, an ace in the videos because I'm
3428 -
3429 -858
3430 -00:57:42,630 ~-~-> 00:57:46,410
3431 -calling specific price swings and specific levels before
3432 -
3433 -859
3434 -00:57:46,410 ~-~-> 00:57:55,800
3435 -they happen. Now, again, looking at price here, if you're
3436 -
3437 -860
3438 -00:57:55,800 ~-~-> 00:58:04,530
3439 -looking at price You can put a little hint here to this area
3440 -
3441 -861
3442 -00:58:04,530 ~-~-> 00:58:10,860
3443 -here is an area where that profile unfolds. Can you see it
3444 -
3445 -862
3446 -00:58:10,860 ~-~-> 00:58:14,460
3447 -now? Again, I'm going to I'm going to give you a greater
3448 -
3449 -863
3450 -00:58:14,460 ~-~-> 00:58:20,730
3451 -detail example. But do you see this little consolidation
3452 -
3453 -864
3454 -00:58:20,730 ~-~-> 00:58:27,180
3455 -here? Think of this consolidation as that okay. In this
3456 -
3457 -865
3458 -00:58:27,180 ~-~-> 00:58:32,280
3459 -little area here is this pause in price doesn't look like
3460 -
3461 -866
3462 -00:58:32,280 ~-~-> 00:58:37,320
3463 -much of a pause here, but it was in rallies up makes the
3464 -
3465 -867
3466 -00:58:37,320 ~-~-> 00:58:41,010
3467 -high here. So at the zenith of this price move, I'm sorry
3468 -
3469 -868
3470 -00:58:41,010 ~-~-> 00:58:47,970
3471 -this price move here. This Zenith is here in the profile
3472 -
3473 -869
3474 -00:58:47,970 ~-~-> 00:58:51,690
3475 -model. Then we saw price slipped down as market structure
3476 -
3477 -870
3478 -00:58:51,690 ~-~-> 00:58:54,810
3479 -breaks, which is what happens here. Then you have the
3480 -
3481 -871
3482 -00:58:54,810 ~-~-> 00:58:58,830
3483 -optimal trade entry here. And then price slides lower taking
3484 -
3485 -872
3486 -00:58:58,830 ~-~-> 00:59:04,140
3487 -out the low Or the previous consolidation here, as noted
3488 -
3489 -873
3490 -00:59:04,140 ~-~-> 00:59:09,900
3491 -here, okay, so inside of this area of opportunity, there's a
3492 -
3493 -874
3494 -00:59:09,900 ~-~-> 00:59:12,210
3495 -good chunk of pips that you could very easily harvest
3496 -
3497 -875
3498 -00:59:12,240 ~-~-> 00:59:18,570
3499 -intraday, okay, not necessarily a long portion of time, is
3500 -
3501 -876
3502 -00:59:18,570 ~-~-> 00:59:20,940
3503 -this still an opportunity for you to take a short term
3504 -
3505 -877
3506 -00:59:20,940 ~-~-> 00:59:21,420
3507 -trade?
3508 -
3509 -878
3510 -00:59:27,570 ~-~-> 00:59:33,030
3511 -Looking at this example, okay, where is the market maker
3512 -
3513 -879
3514 -00:59:33,030 ~-~-> 00:59:40,140
3515 -profile for the buy? This area here is this consolidation.
3516 -
3517 -880
3518 -00:59:41,880 ~-~-> 00:59:47,340
3519 -This pause in here is this area right here. Notice how it
3520 -
3521 -881
3522 -00:59:47,340 ~-~-> 00:59:49,860
3523 -didn't get back up to that area like I was stating before.
3524 -
3525 -882
3526 -00:59:50,520 ~-~-> 00:59:53,550
3527 -It was too weak. There was no there was no demand for it. So
3528 -
3529 -883
3530 -00:59:53,940 ~-~-> 00:59:56,190
3531 -if there's no demand, there's going to be a lot of supply.
3532 -
3533 -884
3534 -00:59:56,190 ~-~-> 00:59:59,580
3535 -So supply is going to come in, sell it off and even greater,
3536 -
3537 -885
3538 -00:59:59,610 ~-~-> 01:00:02,370
3539 -move down. to a higher time frame support level, and we move
3540 -
3541 -886
3542 -01:00:02,370 ~-~-> 01:00:05,550
3543 -into another consolidation, which sets the tone for the
3544 -
3545 -887
3546 -01:00:05,550 ~-~-> 01:00:10,350
3547 -market to be in this stage here. Okay, now we're hunting a
3548 -
3549 -888
3550 -01:00:10,350 ~-~-> 01:00:16,350
3551 -reaction in the marketplace right here. So as price moves up
3552 -
3553 -889
3554 -01:00:16,380 ~-~-> 01:00:20,910
3555 -out of it, which is what we see here, price comes down
3556 -
3557 -890
3558 -01:00:20,940 ~-~-> 01:00:26,400
3559 -retest it, like we like to see here. That's this area right
3560 -
3561 -891
3562 -01:00:26,400 ~-~-> 01:00:30,300
3563 -here. And then price moves up, which is what you see here.
3564 -
3565 -892
3566 -01:00:31,140 ~-~-> 01:00:39,450
3567 -Makes the pullback in here. And you see that here. Now price
3568 -
3569 -893
3570 -01:00:39,480 ~-~-> 01:00:43,620
3571 -fails to go above this high here, okay, so it doesn't get
3572 -
3573 -894
3574 -01:00:43,620 ~-~-> 01:00:45,660
3575 -above here. So this is why you want to take profits at
3576 -
3577 -895
3578 -01:00:45,660 ~-~-> 01:00:50,700
3579 -logical areas, which is here and here. Again, being here and
3580 -
3581 -896
3582 -01:00:50,700 ~-~-> 01:00:54,450
3583 -here. Okay, because you're working within what range this
3584 -
3585 -897
3586 -01:00:54,450 ~-~-> 01:00:59,790
3587 -high to this low. So this could be an area of opportunity
3588 -
3589 -898
3590 -01:00:59,790 ~-~-> 01:01:02,460
3591 -problem. And obviously here because if you look at this high
3592 -
3593 -899
3594 -01:01:02,940 ~-~-> 01:01:07,440
3595 -to this high, you're in segments and tracing level okay. And
3596 -
3597 -900
3598 -01:01:07,440 ~-~-> 01:01:10,680
3599 -as price starts to rally again it failed and move lower
3600 -
3601 -901
3602 -01:01:11,700 ~-~-> 01:01:15,600
3603 -Okay. And then we're talking about how between this high and
3604 -
3605 -902
3606 -01:01:15,600 ~-~-> 01:01:20,460
3607 -this low in the module for the buying price at this point,
3608 -
3609 -903
3610 -01:01:20,700 ~-~-> 01:01:24,030
3611 -okay when it starts to go higher, it may not get up to this
3612 -
3613 -904
3614 -01:01:24,030 ~-~-> 01:01:26,550
3615 -level here it may come back and retrace into the range
3616 -
3617 -905
3618 -01:01:26,550 ~-~-> 01:01:29,670
3619 -between this low and whatever high formed here and you see
3620 -
3621 -906
3622 -01:01:29,670 ~-~-> 01:01:32,550
3623 -that forming here from the low and the consolidation up to
3624 -
3625 -907
3626 -01:01:32,550 ~-~-> 01:01:37,380
3627 -the high all we do is retrace deeper and what that does is
3628 -
3629 -908
3630 -01:01:37,380 ~-~-> 01:01:40,620
3631 -allow the market makers to take out the stops that are on
3632 -
3633 -909
3634 -01:01:40,620 ~-~-> 01:01:44,700
3635 -the right side of the marketplace okay and retrace from this
3636 -
3637 -910
3638 -01:01:44,700 ~-~-> 01:01:48,780
3639 -low to this high and you find optimal trade entry at the 62%
3640 -
3641 -911
3642 -01:01:48,780 ~-~-> 01:01:51,810
3643 -retracement level and then price starts resuming moving
3644 -
3645 -912
3646 -01:01:51,810 ~-~-> 01:01:57,300
3647 -higher. Okay. So now take a step back. Okay. And if you if
3648 -
3649 -913
3650 -01:01:57,300 ~-~-> 01:02:01,020
3651 -you can't see it on the five minute chart, like This, let's
3652 -
3653 -914
3654 -01:02:01,020 ~-~-> 01:02:07,380
3655 -take a look at it on a 15 minute basis. Okay, we're zoomed
3656 -
3657 -915
3658 -01:02:07,380 ~-~-> 01:02:13,080
3659 -out a little bit more thinking in terms of that same bi
3660 -
3661 -916
3662 -01:02:13,080 ~-~-> 01:02:17,640
3663 -model. Okay, watch what happens. We're using that same 15
3664 -
3665 -917
3666 -01:02:17,640 ~-~-> 01:02:22,740
3667 -minute chart. Now, we have that first consolidation up here.
3668 -
3669 -918
3670 -01:02:24,090 ~-~-> 01:02:27,300
3671 -We have the gray area down here where the buy should take
3672 -
3673 -919
3674 -01:02:27,300 ~-~-> 01:02:33,510
3675 -place where here, we have price Now move up. And now this is
3676 -
3677 -920
3678 -01:02:33,570 ~-~-> 01:02:37,680
3679 -what this is that pattern right here. But if you're zooming
3680 -
3681 -921
3682 -01:02:37,680 ~-~-> 01:02:41,220
3683 -in on five minute, we expected to see it here. But now we're
3684 -
3685 -922
3686 -01:02:41,220 ~-~-> 01:02:45,390
3687 -looking at a 15 Minute. Suddenly the fractal can be seen on
3688 -
3689 -923
3690 -01:02:45,390 ~-~-> 01:02:49,110
3691 -a higher time frame. Still the same price segment moving,
3692 -
3693 -924
3694 -01:02:49,470 ~-~-> 01:02:56,520
3695 -okay, higher, but we're not seeing it to the same unfolding
3696 -
3697 -925
3698 -01:02:56,520 ~-~-> 01:02:58,440
3699 -that we'd saw in the five minute we are expecting to see it
3700 -
3701 -926
3702 -01:02:58,440 ~-~-> 01:03:00,300
3703 -trade down here and then move up and watch This was
3704 -
3705 -927
3706 -01:03:00,330 ~-~-> 01:03:05,190
3707 -profitable. Yes. Okay, we didn't see what was unfolding on
3708 -
3709 -928
3710 -01:03:05,190 ~-~-> 01:03:09,030
3711 -the 15 minute because we're in too tight. Now suddenly this
3712 -
3713 -929
3714 -01:03:09,060 ~-~-> 01:03:12,030
3715 -consolidation and move lower down to a key support level one
3716 -
3717 -930
3718 -01:03:12,030 ~-~-> 01:03:16,950
3719 -on 150 to run up and then trade back down to this area here
3720 -
3721 -931
3722 -01:03:17,310 ~-~-> 01:03:20,760
3723 -is exactly what you see here. Okay, so the market makers
3724 -
3725 -932
3726 -01:03:20,760 ~-~-> 01:03:23,520
3727 -were using the 15 minute time frame to do their dealing.
3728 -
3729 -933
3730 -01:03:24,000 ~-~-> 01:03:28,740
3731 -Okay. So watch what happens. Price rallies up here. Okay,
3732 -
3733 -934
3734 -01:03:28,740 ~-~-> 01:03:33,840
3735 -and it gives you that other retracement deep here. Okay. And
3736 -
3737 -935
3738 -01:03:33,840 ~-~-> 01:03:36,780
3739 -it rallies on up to do what to take out the previous
3740 -
3741 -936
3742 -01:03:36,780 ~-~-> 01:03:40,860
3743 -consolidation where the stops are resting right here. And
3744 -
3745 -937
3746 -01:03:40,860 ~-~-> 01:03:44,910
3747 -that's what they do here to clear out the stops. Okay. So
3748 -
3749 -938
3750 -01:03:44,910 ~-~-> 01:03:49,920
3751 -you see how this model gives you the ability to anticipate
3752 -
3753 -939
3754 -01:03:49,950 ~-~-> 01:03:57,210
3755 -price action and swings in the marketplace. Okay. Now, if
3756 -
3757 -940
3758 -01:03:57,210 ~-~-> 01:03:59,820
3759 -it's not clear to you, I understand it's going to take some
3760 -
3761 -941
3762 -01:03:59,820 ~-~-> 01:04:03,420
3763 -minutes And some time used to looking for it and you look at
3764 -
3765 -942
3766 -01:04:03,420 ~-~-> 01:04:06,420
3767 -hindsight examples for a period of time and it may take
3768 -
3769 -943
3770 -01:04:06,420 ~-~-> 01:04:10,680
3771 -months to get the perspective on seeing it, okay? But when
3772 -
3773 -944
3774 -01:04:10,680 ~-~-> 01:04:14,100
3775 -you see it, you can't ever forget it, it's there. It's just
3776 -
3777 -945
3778 -01:04:14,100 ~-~-> 01:04:21,480
3779 -gonna be embedded in your brain. Now looking at this example
3780 -
3781 -946
3782 -01:04:21,480 ~-~-> 01:04:25,320
3783 -here, okay, this is that one example I mentioned earlier
3784 -
3785 -947
3786 -01:04:25,320 ~-~-> 01:04:28,140
3787 -that I was gonna give you a greater refined example of
3788 -
3789 -948
3790 -01:04:28,140 ~-~-> 01:04:33,510
3791 -it. We have this area of consolidation price runs up out of
3792 -
3793 -949
3794 -01:04:33,510 ~-~-> 01:04:40,440
3795 -it. There's a little pause here makes Zenith breaks down
3796 -
3797 -950
3798 -01:04:40,740 ~-~-> 01:04:43,260
3799 -comes up because the optimal trade entry and it falls out of
3800 -
3801 -951
3802 -01:04:43,260 ~-~-> 01:04:47,880
3803 -bed whereas it go below the previous consolidation. So what
3804 -
3805 -952
3806 -01:04:47,880 ~-~-> 01:04:53,790
3807 -do you think module that is? The market maker sell model.
3808 -
3809 -953
3810 -01:04:55,110 ~-~-> 01:04:58,290
3811 -Look at the profile here. Okay. You can see that the have
3812 -
3813 -954
3814 -01:04:58,950 ~-~-> 01:05:02,160
3815 -the consolidation here. Which is here to move out in the
3816 -
3817 -955
3818 -01:05:02,160 ~-~-> 01:05:06,840
3819 -pause in here, here is enough of the move for here, which is
3820 -
3821 -956
3822 -01:05:06,840 ~-~-> 01:05:10,740
3823 -here, the breakdown and optimal trade entry in here, which
3824 -
3825 -957
3826 -01:05:10,740 ~-~-> 01:05:14,610
3827 -is what you see here. And then the move lower to get below
3828 -
3829 -958
3830 -01:05:14,610 ~-~-> 01:05:18,750
3831 -the previous consolidation as noted here, okay, just between
3832 -
3833 -959
3834 -01:05:18,750 ~-~-> 01:05:23,400
3835 -this high and the move a little low here that's rather
3836 -
3837 -960
3838 -01:05:23,400 ~-~-> 01:05:26,070
3839 -handsome in terms of very short term trade and you can take
3840 -
3841 -961
3842 -01:05:26,070 ~-~-> 01:05:31,350
3843 -40 pips out of the marketplace rather easily here. Okay. So
3844 -
3845 -962
3846 -01:05:31,350 ~-~-> 01:05:37,230
3847 -now let's take a look at again, that consolidation, what's
3848 -
3849 -963
3850 -01:05:37,410 ~-~-> 01:05:41,610
3851 -specifically is different about this market maker profile
3852 -
3853 -964
3854 -01:05:42,120 ~-~-> 01:05:46,380
3855 -that isn't seen in the previous ones, okay, because overall
3856 -
3857 -965
3858 -01:05:46,380 ~-~-> 01:05:49,680
3859 -inside this higher timeframe market maker profile, okay.
3860 -
3861 -966
3862 -01:05:50,190 ~-~-> 01:05:52,380
3863 -Notice that we had that consolidation out here and in the
3864 -
3865 -967
3866 -01:05:52,380 ~-~-> 01:05:57,330
3867 -higher timeframe, fractal moving higher. This is a bullish
3868 -
3869 -968
3870 -01:05:57,390 ~-~-> 01:06:00,150
3871 -scenario. Overall, remember that 15 minutes are we just
3872 -
3873 -969
3874 -01:06:00,150 ~-~-> 01:06:05,670
3875 -looked at. But within that larger 15 minute market maker
3876 -
3877 -970
3878 -01:06:05,670 ~-~-> 01:06:09,570
3879 -profile or that fractal pattern that's bullish, we just
3880 -
3881 -971
3882 -01:06:09,570 ~-~-> 01:06:15,000
3883 -pulled out a bearish sell model. So again, that's the reason
3884 -
3885 -972
3886 -01:06:15,000 ~-~-> 01:06:18,930
3887 -why I don't give you specific entry pattern concepts to
3888 -
3889 -973
3890 -01:06:18,930 ~-~-> 01:06:23,010
3891 -trade, you know, on a short term, because it's so dynamic.
3892 -
3893 -974
3894 -01:06:23,370 ~-~-> 01:06:25,560
3895 -When I give you this, for instance, looking at the sell
3896 -
3897 -975
3898 -01:06:25,560 ~-~-> 01:06:29,310
3899 -model here, you may just see the buying aspect. Okay, you
3900 -
3901 -976
3902 -01:06:29,310 ~-~-> 01:06:32,070
3903 -may see just the, here's the optimal trade entry to get
3904 -
3905 -977
3906 -01:06:32,070 ~-~-> 01:06:35,580
3907 -long. We're in a nested optimal trade entry here. So I'm
3908 -
3909 -978
3910 -01:06:35,580 ~-~-> 01:06:39,480
3911 -going to buy that. So you're, you're using this profile to
3912 -
3913 -979
3914 -01:06:39,480 ~-~-> 01:06:42,570
3915 -be long in here or long in here to get this as your profit
3916 -
3917 -980
3918 -01:06:42,570 ~-~-> 01:06:46,470
3919 -objective. And maybe your mind doesn't understand to get to
3920 -
3921 -981
3922 -01:06:46,470 ~-~-> 01:06:50,310
3923 -this point here. It just could be the cell. Okay? That's
3924 -
3925 -982
3926 -01:06:50,310 ~-~-> 01:06:53,340
3927 -fine. It's all about profitability. It's not about being
3928 -
3929 -983
3930 -01:06:53,340 ~-~-> 01:06:57,810
3931 -right. Okay. And when you trade fractals, okay. It's a lot
3932 -
3933 -984
3934 -01:06:57,810 ~-~-> 01:07:01,500
3935 -of freedom, but there's a lot of rules. too, okay, so it's a
3936 -
3937 -985
3938 -01:07:01,500 ~-~-> 01:07:05,580
3939 -freestyle way of trading without bias, really, if you think
3940 -
3941 -986
3942 -01:07:05,580 ~-~-> 01:07:08,640
3943 -about it, and that's the nature of short term trading, you
3944 -
3945 -987
3946 -01:07:08,640 ~-~-> 01:07:12,180
3947 -can work within a bullish market environment and be a bear.
3948 -
3949 -988
3950 -01:07:12,810 ~-~-> 01:07:16,050
3951 -But you have to understand what you're doing. And it takes a
3952 -
3953 -989
3954 -01:07:16,050 ~-~-> 01:07:18,570
3955 -little bit of finesse. Okay, but if you look at just the
3956 -
3957 -990
3958 -01:07:18,570 ~-~-> 01:07:23,220
3959 -bullish market structure, and trade bullish market maker
3960 -
3961 -991
3962 -01:07:23,220 ~-~-> 01:07:29,850
3963 -profiles, it makes trading very, very easy. And if you just
3964 -
3965 -992
3966 -01:07:29,910 ~-~-> 01:07:33,900
3967 -understand the sell model for the buying portion of that
3968 -
3969 -993
3970 -01:07:33,900 ~-~-> 01:07:37,440
3971 -fractal, which is here, here or here, there's nothing wrong
3972 -
3973 -994
3974 -01:07:37,440 ~-~-> 01:07:39,990
3975 -with that. Absolutely. There's nothing wrong with that.
3976 -
3977 -995
3978 -01:07:40,020 ~-~-> 01:07:43,530
3979 -That's your short turning search term trading niche. Okay.
3980 -
3981 -996
3982 -01:07:43,860 ~-~-> 01:07:51,540
3983 -So that's what you would utilize for your trading. Okay, we
3984 -
3985 -997
3986 -01:07:51,540 ~-~-> 01:07:55,230
3987 -just looked at an example. Okay, and how the market maker
3988 -
3989 -998
3990 -01:07:55,230 ~-~-> 01:07:59,640
3991 -profile on a short term inside of a larger higher time frame
3992 -
3993 -999
3994 -01:07:59,640 ~-~-> 01:08:05,970
3995 -fat appears to fail, okay. But what it's doing is actually
3996 -
3997 -1000
3998 -01:08:05,970 ~-~-> 01:08:11,190
3999 -it's giving you a continuation of the larger profile. Okay,
4000 -
4001 -1001
4002 -01:08:11,190 ~-~-> 01:08:14,400
4003 -and let's look at what that means. Assume we have a support
4004 -
4005 -1002
4006 -01:08:14,400 ~-~-> 01:08:19,140
4007 -level here, and price moves from that specific point and
4008 -
4009 -1003
4010 -01:08:19,140 ~-~-> 01:08:21,570
4011 -breaks market structure. Okay, so when we have market
4012 -
4013 -1004
4014 -01:08:21,570 ~-~-> 01:08:25,650
4015 -structure break like this, this will give us an indication,
4016 -
4017 -1005
4018 -01:08:25,680 ~-~-> 01:08:31,200
4019 -hopefully to anticipate higher prices. And when higher
4020 -
4021 -1006
4022 -01:08:31,200 ~-~-> 01:08:35,580
4023 -prices hopefully, come on their way, now we have the
4024 -
4025 -1007
4026 -01:08:35,580 ~-~-> 01:08:38,520
4027 -greenlight go looking for now, anything that retraces from
4028 -
4029 -1008
4030 -01:08:38,520 ~-~-> 01:08:41,400
4031 -this point, we're looking to have an optimal trade entry to
4032 -
4033 -1009
4034 -01:08:41,400 ~-~-> 01:08:46,950
4035 -go long. And when you have that, okay, you're going to see
4036 -
4037 -1010
4038 -01:08:46,950 ~-~-> 01:08:50,700
4039 -price meander, it's going to move, okay, you come back to
4040 -
4041 -1011
4042 -01:08:50,700 ~-~-> 01:08:54,120
4043 -your charts and it looks a little different, it's fine. And
4044 -
4045 -1012
4046 -01:08:54,150 ~-~-> 01:08:57,000
4047 -this is the part of trading that's hard because you have to
4048 -
4049 -1013
4050 -01:08:57,000 ~-~-> 01:08:58,980
4051 -wait for the setups and every time you come back to your
4052 -
4053 -1014
4054 -01:08:58,980 ~-~-> 01:09:01,770
4055 -charts, it's Got a little look a little bit different, okay,
4056 -
4057 -1015
4058 -01:09:01,770 ~-~-> 01:09:05,280
4059 -but you're stalking you're setting up. Okay. Now looking at
4060 -
4061 -1016
4062 -01:09:05,280 ~-~-> 01:09:07,770
4063 -this chart here we have our higher time frame support level.
4064 -
4065 -1017
4066 -01:09:08,040 ~-~-> 01:09:11,760
4067 -But now also, we have new support resistance levels you have
4068 -
4069 -1018
4070 -01:09:11,760 ~-~-> 01:09:15,210
4071 -to factor in. Okay? And because support is never
4072 -
4073 -1019
4074 -01:09:16,829 ~-~-> 01:09:20,219
4075 -you know exact it's not right to the PIP, you'll allow for
4076 -
4077 -1020
4078 -01:09:20,219 ~-~-> 01:09:23,579
4079 -certain slippage. But if you're waiting for retracements
4080 -
4081 -1021
4082 -01:09:23,669 ~-~-> 01:09:26,309
4083 -retracements, don't always go back to the levels. Okay.
4084 -
4085 -1022
4086 -01:09:26,459 ~-~-> 01:09:29,279
4087 -retracements will be a little bit early. And this is where
4088 -
4089 -1023
4090 -01:09:29,279 ~-~-> 01:09:34,109
4091 -you can use the double Oh 50 optimal trade entry levels,
4092 -
4093 -1024
4094 -01:09:34,139 ~-~-> 01:09:37,979
4095 -okay. W 50 means using the big figures and amid figures to
4096 -
4097 -1025
4098 -01:09:37,979 ~-~-> 01:09:40,859
4099 -pull your fibs from in using swings, okay, and I'm not
4100 -
4101 -1026
4102 -01:09:40,859 ~-~-> 01:09:43,529
4103 -teaching that here. I'm going to counsel you to go back to
4104 -
4105 -1027
4106 -01:09:43,529 ~-~-> 01:09:48,239
4107 -the other videos and learning about that. But looking at
4108 -
4109 -1028
4110 -01:09:48,239 ~-~-> 01:09:52,529
4111 -price obviously see price did in fact, snap up from optimal
4112 -
4113 -1029
4114 -01:09:52,529 ~-~-> 01:09:57,179
4115 -trade entry. Okay. And now looking at this, okay, you would
4116 -
4117 -1030
4118 -01:09:57,179 ~-~-> 01:10:04,139
4119 -expect to see price do what Move inside of a cell model.
4120 -
4121 -1031
4122 -01:10:04,439 ~-~-> 01:10:08,129
4123 -Okay, so you're expecting price to find its zenith in here
4124 -
4125 -1032
4126 -01:10:08,639 ~-~-> 01:10:12,899
4127 -and start to break down lower looking for what looking for
4128 -
4129 -1033
4130 -01:10:12,899 ~-~-> 01:10:17,249
4131 -that lower low in the previous consolidation or beginning of
4132 -
4133 -1034
4134 -01:10:17,249 ~-~-> 01:10:20,309
4135 -the price move up. So this overall price swing, we're
4136 -
4137 -1035
4138 -01:10:20,309 ~-~-> 01:10:24,479
4139 -looking for it to move down here. But if you're in a higher
4140 -
4141 -1036
4142 -01:10:24,479 ~-~-> 01:10:28,919
4143 -timeframe, bullish scenario within bullish market structure,
4144 -
4145 -1037
4146 -01:10:29,489 ~-~-> 01:10:34,139
4147 -or a more higher timeframe bullish market maker profile,
4148 -
4149 -1038
4150 -01:10:35,159 ~-~-> 01:10:39,869
4151 -you're going to look at this area here to see where price
4152 -
4153 -1039
4154 -01:10:39,869 ~-~-> 01:10:43,889
4155 -may form a new buy. In other words, in bullish environments,
4156 -
4157 -1040
4158 -01:10:44,339 ~-~-> 01:10:46,499
4159 -the sell model won't come all the way down here is just
4160 -
4161 -1041
4162 -01:10:46,499 ~-~-> 01:10:49,769
4163 -going to give you a higher timeframe. retracement on the
4164 -
4165 -1042
4166 -01:10:49,769 ~-~-> 01:10:52,949
4167 -overall swing here. Okay and what that looks like is this.
4168 -
4169 -1043
4170 -01:10:54,539 ~-~-> 01:10:59,879
4171 -You have price, come back down and you see price come all
4172 -
4173 -1044
4174 -01:10:59,879 ~-~-> 01:11:03,539
4175 -the way From its zenith, okay, which you anticipate if
4176 -
4177 -1045
4178 -01:11:03,539 ~-~-> 01:11:07,949
4179 -you're just looking at the model itself, looking at how
4180 -
4181 -1046
4182 -01:11:07,949 ~-~-> 01:11:12,779
4183 -price moves lower, you're not expecting that lower low. So
4184 -
4185 -1047
4186 -01:11:12,779 ~-~-> 01:11:15,629
4187 -as price starts to move lower, if we're in a bullish
4188 -
4189 -1048
4190 -01:11:15,629 ~-~-> 01:11:19,439
4191 -environment, we're not looking to see price move back below
4192 -
4193 -1049
4194 -01:11:19,799 ~-~-> 01:11:22,229
4195 -this consolidation, we're going to expect price to come back
4196 -
4197 -1050
4198 -01:11:22,229 ~-~-> 01:11:26,069
4199 -down and maybe retest this support level, or work within
4200 -
4201 -1051
4202 -01:11:26,069 ~-~-> 01:11:30,389
4203 -this optimal trade entry range here, or this optimal trade
4204 -
4205 -1052
4206 -01:11:30,389 ~-~-> 01:11:34,349
4207 -entry range here, and maybe even factor maybe pivots, maybe
4208 -
4209 -1053
4210 -01:11:34,349 ~-~-> 01:11:36,929
4211 -a trinity level. Oh, how about that we didn't talk about
4212 -
4213 -1054
4214 -01:11:36,929 ~-~-> 01:11:40,319
4215 -that yet halfway. So he would be looking for your implied
4216 -
4217 -1055
4218 -01:11:40,319 ~-~-> 01:11:44,009
4219 -support levels to be a factor in this retracement as it
4220 -
4221 -1056
4222 -01:11:44,009 ~-~-> 01:11:49,949
4223 -pulls back into a deeper price swing. And by having that
4224 -
4225 -1057
4226 -01:11:49,949 ~-~-> 01:11:52,589
4227 -expectation as price starts to move into these support
4228 -
4229 -1058
4230 -01:11:52,589 ~-~-> 01:11:56,039
4231 -resistance levels, again, we're going to have more emphasis
4232 -
4233 -1059
4234 -01:11:56,729 ~-~-> 01:12:00,509
4235 -placed on this than looking for the previous load. Here,
4236 -
4237 -1060
4238 -01:12:00,809 ~-~-> 01:12:04,379
4239 -taking out four stocks because the smart money's assumed a
4240 -
4241 -1061
4242 -01:12:04,379 ~-~-> 01:12:08,699
4243 -position back here, okay, they're going to defend that price
4244 -
4245 -1062
4246 -01:12:08,699 ~-~-> 01:12:11,279
4247 -action, as price starts to come back down here, they're
4248 -
4249 -1063
4250 -01:12:11,279 ~-~-> 01:12:14,819
4251 -going to accumulate more of that same position here, it's
4252 -
4253 -1064
4254 -01:12:14,819 ~-~-> 01:12:17,249
4255 -counterproductive for them to come back all the way down
4256 -
4257 -1065
4258 -01:12:17,249 ~-~-> 01:12:20,759
4259 -here. Okay? When they're trying to get price, you know,
4260 -
4261 -1066
4262 -01:12:20,759 ~-~-> 01:12:23,699
4263 -higher or at least maintain a specific price level. So
4264 -
4265 -1067
4266 -01:12:23,699 ~-~-> 01:12:30,479
4267 -that's why we see these overall declines deep retracements
4268 -
4269 -1068
4270 -01:12:30,479 ~-~-> 01:12:33,239
4271 -within a bullish market environment, because you're seeing
4272 -
4273 -1069
4274 -01:12:33,239 ~-~-> 01:12:39,029
4275 -more accumulation unfold by the smart money. And what that
4276 -
4277 -1070
4278 -01:12:39,029 ~-~-> 01:12:41,549
4279 -looks like obviously, is a continuation and you see the
4280 -
4281 -1071
4282 -01:12:41,549 ~-~-> 01:12:45,989
4283 -expectancy of retracement to a support level and then a
4284 -
4285 -1072
4286 -01:12:45,989 ~-~-> 01:12:49,679
4287 -bounce in right here if you miss the opportunity to get the
4288 -
4289 -1073
4290 -01:12:49,799 ~-~-> 01:12:53,369
4291 -support level. Okay, you can see a smaller short term
4292 -
4293 -1074
4294 -01:12:53,369 ~-~-> 01:12:57,329
4295 -optimal trade entry for me here and you can utilize that as
4296 -
4297 -1075
4298 -01:12:57,329 ~-~-> 01:13:00,149
4299 -your entry for short term trading to get in sync with The
4300 -
4301 -1076
4302 -01:13:00,149 ~-~-> 01:13:04,739
4303 -higher timeframe market maker profile, okay, this could be a
4304 -
4305 -1077
4306 -01:13:04,739 ~-~-> 01:13:09,749
4307 -five minute price action and basing your trade on the idea
4308 -
4309 -1078
4310 -01:13:09,749 ~-~-> 01:13:13,469
4311 -that you're on a one hour or four hour market maker profile
4312 -
4313 -1079
4314 -01:13:13,889 ~-~-> 01:13:17,519
4315 -that's bullish. And by seeing that unfold, then you would
4316 -
4317 -1080
4318 -01:13:17,519 ~-~-> 01:13:22,019
4319 -see obviously, price move on higher. This is the range that
4320 -
4321 -1081
4322 -01:13:22,019 ~-~-> 01:13:27,659
4323 -you'd be utilizing here the low to high. This Confluence may
4324 -
4325 -1082
4326 -01:13:27,659 ~-~-> 01:13:30,299
4327 -be a 62 could be a sweet spot, it could be settling
4328 -
4329 -1083
4330 -01:13:30,299 ~-~-> 01:13:33,329
4331 -centration level, there could be pivots in here and it could
4332 -
4333 -1084
4334 -01:13:33,329 ~-~-> 01:13:36,809
4335 -be a trinity level on here. A lot of factors in here but
4336 -
4337 -1085
4338 -01:13:37,079 ~-~-> 01:13:40,139
4339 -obviously looking at previous lows is the key because if
4340 -
4341 -1086
4342 -01:13:40,139 ~-~-> 01:13:42,389
4343 -you're going to take price all the way down to run an old
4344 -
4345 -1087
4346 -01:13:42,779 ~-~-> 01:13:45,929
4347 -low for stops, but not necessarily the beginning or
4348 -
4349 -1088
4350 -01:13:45,929 ~-~-> 01:13:49,919
4351 -consolidation of the overall price. swing up Okay, so this
4352 -
4353 -1089
4354 -01:13:49,949 ~-~-> 01:13:53,579
4355 -price swing up is going to be a continuation and move
4356 -
4357 -1090
4358 -01:13:53,579 ~-~-> 01:13:54,089
4359 -higher.
4360 -
4361 -1091
4362 -01:13:55,500 ~-~-> 01:13:59,580
4363 -And overall by looking at price in that respect, you can see
4364 -
4365 -1092
4366 -01:13:59,610 ~-~-> 01:14:03,150
4367 -just look It this this is a very rather generic depiction of
4368 -
4369 -1093
4370 -01:14:03,150 ~-~-> 01:14:07,740
4371 -price action. But it really is seen a lot of times when you
4372 -
4373 -1094
4374 -01:14:07,740 ~-~-> 01:14:10,770
4375 -are in a bullish market environment. In other words, if
4376 -
4377 -1095
4378 -01:14:10,770 ~-~-> 01:14:13,710
4379 -prices overall bullish, this is the type of price action,
4380 -
4381 -1096
4382 -01:14:13,710 ~-~-> 01:14:18,450
4383 -you end up seeing higher high and higher lows, how about
4384 -
4385 -1097
4386 -01:14:18,450 ~-~-> 01:14:24,930
4387 -that? no necessity for trend line. Obviously, the same thing
4388 -
4389 -1098
4390 -01:14:24,930 ~-~-> 01:14:27,180
4391 -can be said on the reverse looking at a key resistance level
4392 -
4393 -1099
4394 -01:14:27,180 ~-~-> 01:14:29,790
4395 -like this. During the consolidation, you would expect to see
4396 -
4397 -1100
4398 -01:14:29,790 ~-~-> 01:14:32,580
4399 -price eventually move to a point where it breaks market
4400 -
4401 -1101
4402 -01:14:32,580 ~-~-> 01:14:35,760
4403 -structure and that looks like this here. And it's the market
4404 -
4405 -1102
4406 -01:14:35,760 ~-~-> 01:14:39,900
4407 -makers market structure shift rather. And we would be
4408 -
4409 -1103
4410 -01:14:39,900 ~-~-> 01:14:44,700
4411 -looking for price action to do what move down into a market
4412 -
4413 -1104
4414 -01:14:44,700 ~-~-> 01:14:48,390
4415 -maker profile for a buy. Okay, so because we're trading from
4416 -
4417 -1105
4418 -01:14:48,390 ~-~-> 01:14:51,030
4419 -a key resistance level, we're trading lower, okay, and
4420 -
4421 -1106
4422 -01:14:51,030 ~-~-> 01:14:54,960
4423 -eventually trading down into a key resistance support level.
4424 -
4425 -1107
4426 -01:14:55,230 ~-~-> 01:14:57,840
4427 -Okay, in other words, we're expecting price to eventually
4428 -
4429 -1108
4430 -01:14:57,840 ~-~-> 01:14:59,970
4431 -move so every time we come back to our charts, we're seeing
4432 -
4433 -1109
4434 -01:15:00,540 ~-~-> 01:15:04,470
4435 -expectancy of what we're waiting for it to trade down to a
4436 -
4437 -1110
4438 -01:15:04,470 ~-~-> 01:15:08,190
4439 -support level. Okay, and as price starts to move back to new
4440 -
4441 -1111
4442 -01:15:08,190 ~-~-> 01:15:11,670
4443 -levels of resistance, we anticipate price to react
4444 -
4445 -1112
4446 -01:15:11,730 ~-~-> 01:15:14,160
4447 -accordingly, but doesn't necessarily have to trade back to
4448 -
4449 -1113
4450 -01:15:14,160 ~-~-> 01:15:17,670
4451 -it. Okay. Again, as we retrace, we're looking at what price
4452 -
4453 -1114
4454 -01:15:17,700 ~-~-> 01:15:21,060
4455 -move from a high down to this low. So we have a new range
4456 -
4457 -1115
4458 -01:15:21,090 ~-~-> 01:15:26,070
4459 -price can come up necessarily fall short of this, okay, and
4460 -
4461 -1116
4462 -01:15:26,070 ~-~-> 01:15:28,650
4463 -you see this probably in your own trading many, many times
4464 -
4465 -1117
4466 -01:15:29,040 ~-~-> 01:15:33,600
4467 -where price fails to get back to that point. But in terms of
4468 -
4469 -1118
4470 -01:15:33,600 ~-~-> 01:15:38,190
4471 -the range, okay, we went back to 60 to 79 or maybe to meet
4472 -
4473 -1119
4474 -01:15:38,910 ~-~-> 01:15:42,930
4475 -midpoint 70.5 sweet spot that I use for my optimal trade
4476 -
4477 -1120
4478 -01:15:42,930 ~-~-> 01:15:47,310
4479 -entry and eventually sells off. But in here, this could be a
4480 -
4481 -1121
4482 -01:15:47,310 ~-~-> 01:15:49,920
4483 -reflection pattern, this could be a turtle soup, okay. It
4484 -
4485 -1122
4486 -01:15:49,920 ~-~-> 01:15:53,250
4487 -could be tied to trend following that nature. Okay, and you
4488 -
4489 -1123
4490 -01:15:53,250 ~-~-> 01:15:56,670
4491 -can use this by a mile that would be hunting initially.
4492 -
4493 -1124
4494 -01:15:56,970 ~-~-> 01:16:00,540
4495 -Okay, as an area just to get short in the marketplace. But
4496 -
4497 -1125
4498 -01:16:00,570 ~-~-> 01:16:03,900
4499 -as price starts to move down, and we trade into what would
4500 -
4501 -1126
4502 -01:16:03,900 ~-~-> 01:16:07,590
4503 -be considered a higher time frame support level, okay, we
4504 -
4505 -1127
4506 -01:16:07,590 ~-~-> 01:16:10,800
4507 -would anticipate price bouncing, and you start to see the
4508 -
4509 -1128
4510 -01:16:10,800 ~-~-> 01:16:14,910
4511 -early works of an optimal trade entry in here. Okay? So you
4512 -
4513 -1129
4514 -01:16:14,910 ~-~-> 01:16:17,430
4515 -could be a buyer here with the expectancy of the market
4516 -
4517 -1130
4518 -01:16:17,430 ~-~-> 01:16:20,970
4519 -maker profile by model unfolding. And as price starts to
4520 -
4521 -1131
4522 -01:16:20,970 ~-~-> 01:16:27,060
4523 -move up, okay, one would expect to see what? Well looking at
4524 -
4525 -1132
4526 -01:16:27,060 ~-~-> 01:16:30,210
4527 -price action, you would expect to see higher prices moving
4528 -
4529 -1133
4530 -01:16:31,260 ~-~-> 01:16:36,000
4531 -even even further up. But if you're thinking just in terms
4532 -
4533 -1134
4534 -01:16:36,000 ~-~-> 01:16:39,570
4535 -of this bi model, and not taking in consideration the fact
4536 -
4537 -1135
4538 -01:16:39,570 ~-~-> 01:16:43,500
4539 -that this could be the retracement here, for an overall
4540 -
4541 -1136
4542 -01:16:43,500 ~-~-> 01:16:47,400
4543 -continuation lower, we have a buy model that's going to
4544 -
4545 -1137
4546 -01:16:47,610 ~-~-> 01:16:51,660
4547 -mutate into a continuation for a sell off and continue
4548 -
4549 -1138
4550 -01:16:51,660 ~-~-> 01:16:54,270
4551 -lower. Okay, so you always have to be cognizant of that
4552 -
4553 -1139
4554 -01:16:54,270 ~-~-> 01:16:57,360
4555 -happening. And that's why we always use the previous range.
4556 -
4557 -1140
4558 -01:16:57,510 ~-~-> 01:17:01,080
4559 -Okay, so looking at that you have this high In this low
4560 -
4561 -1141
4562 -01:17:01,080 ~-~-> 01:17:05,550
4563 -prices retracing into this into that, okay, that could be an
4564 -
4565 -1142
4566 -01:17:05,550 ~-~-> 01:17:08,130
4567 -optimal trade entry that could be unfolding inside the
4568 -
4569 -1143
4570 -01:17:08,130 ~-~-> 01:17:13,050
4571 -viewer expected price move. So even though price cancel that
4572 -
4573 -1144
4574 -01:17:13,740 ~-~-> 01:17:17,910
4575 -we go back up into a higher time frame resistance level. But
4576 -
4577 -1145
4578 -01:17:17,910 ~-~-> 01:17:21,240
4579 -now we have this range still to consider this high to this
4580 -
4581 -1146
4582 -01:17:21,240 ~-~-> 01:17:25,110
4583 -low. We're at 62 and 79% retracement in terms of that range.
4584 -
4585 -1147
4586 -01:17:25,260 ~-~-> 01:17:28,890
4587 -Okay, so even though we would be hunting this by model, okay
4588 -
4589 -1148
4590 -01:17:28,890 ~-~-> 01:17:31,980
4591 -market maker profile, we still had to be cognizant of how
4592 -
4593 -1149
4594 -01:17:31,980 ~-~-> 01:17:37,110
4595 -this may unfold into into a trend following continuation
4596 -
4597 -1150
4598 -01:17:37,110 ~-~-> 01:17:41,610
4599 -lower and by that you would see price start to give off some
4600 -
4601 -1151
4602 -01:17:41,610 ~-~-> 01:17:44,700
4603 -trade entries in here on this lower timeframe and starts to
4604 -
4605 -1152
4606 -01:17:44,700 ~-~-> 01:17:46,410
4607 -break down and this is the reason why we've had to take
4608 -
4609 -1153
4610 -01:17:46,410 ~-~-> 01:17:50,160
4611 -profits because simply taking a position assuming it back
4612 -
4613 -1154
4614 -01:17:50,160 ~-~-> 01:17:54,630
4615 -here, and an area of key support resistance. With expectancy
4616 -
4617 -1155
4618 -01:17:54,630 ~-~-> 01:17:59,460
4619 -that price moving up into an old salvation run stops. That's
4620 -
4621 -1156
4622 -01:17:59,460 ~-~-> 01:18:04,680
4623 -to my off You have to have the the deep the ability to
4624 -
4625 -1157
4626 -01:18:04,680 ~-~-> 01:18:06,660
4627 -accept the fact that you're probably going to be wrong,
4628 -
4629 -1158
4630 -01:18:06,720 ~-~-> 01:18:09,270
4631 -okay? And you're always wrong until you take profit.
4632 -
4633 -1159
4634 -01:18:09,509 ~-~-> 01:18:10,169
4635 -Okay, so
4636 -
4637 -1160
4638 -01:18:11,910 ~-~-> 01:18:14,490
4639 -if you see price start to break down like this, obviously
4640 -
4641 -1161
4642 -01:18:14,490 ~-~-> 01:18:17,070
4643 -you're gonna wish you had taken profits, but, you know,
4644 -
4645 -1162
4646 -01:18:17,130 ~-~-> 01:18:21,600
4647 -sometimes that's too late. So overall, looking at how the
4648 -
4649 -1163
4650 -01:18:21,600 ~-~-> 01:18:24,030
4651 -Australian dollar moves on a five minute basis, you can see
4652 -
4653 -1164
4654 -01:18:24,030 ~-~-> 01:18:28,680
4655 -how this area here is delineating the range and this is
4656 -
4657 -1165
4658 -01:18:28,710 ~-~-> 01:18:31,440
4659 -obviously the low at one at 148. But the key level we were
4660 -
4661 -1166
4662 -01:18:31,440 ~-~-> 01:18:34,710
4663 -watching was one to 150. So inside this consolidation, the
4664 -
4665 -1167
4666 -01:18:34,710 ~-~-> 01:18:38,490
4667 -Smart Money was accumulating and price moved up and then
4668 -
4669 -1168
4670 -01:18:38,490 ~-~-> 01:18:42,330
4671 -came back down and retested, this broken resistance down
4672 -
4673 -1169
4674 -01:18:42,330 ~-~-> 01:18:45,660
4675 -support. And in all in here, they continue to work within a
4676 -
4677 -1170
4678 -01:18:45,660 ~-~-> 01:18:49,080
4679 -higher timeframe by model where price eventually moves
4680 -
4681 -1171
4682 -01:18:49,080 ~-~-> 01:18:55,470
4683 -higher. on an hourly basis, you can see how the Australian
4684 -
4685 -1172
4686 -01:18:55,470 ~-~-> 01:18:59,640
4687 -dollar traded within that same area of price. Okay, now,
4688 -
4689 -1173
4690 -01:18:59,640 ~-~-> 01:19:04,560
4691 -look at How that one to 150 level reacted on an hourly
4692 -
4693 -1174
4694 -01:19:04,560 ~-~-> 01:19:07,740
4695 -basis. Okay, so far we've only looked at a five and 15
4696 -
4697 -1175
4698 -01:19:07,740 ~-~-> 01:19:10,830
4699 -minute chart on an hourly basis Look what unfolded
4700 -
4701 -1176
4702 -01:19:10,830 ~-~-> 01:19:16,440
4703 -eventually price eventually moved up, okay? retested trade
4704 -
4705 -1177
4706 -01:19:16,440 ~-~-> 01:19:20,940
4707 -up to one or 246 came down gave another buying opportunity,
4708 -
4709 -1178
4710 -01:19:21,210 ~-~-> 01:19:24,330
4711 -okay and then rallied up and came back deep like we were
4712 -
4713 -1179
4714 -01:19:24,330 ~-~-> 01:19:29,700
4715 -talking about earlier Okay in this retest of this old range
4716 -
4717 -1180
4718 -01:19:29,700 ~-~-> 01:19:33,810
4719 -that we had initial accumulation they took it back down that
4720 -
4721 -1181
4722 -01:19:33,810 ~-~-> 01:19:36,750
4723 -specific point gave them an optimal trade entry, okay and
4724 -
4725 -1182
4726 -01:19:36,750 ~-~-> 01:19:40,020
4727 -then rallied up even higher and then eventually took out
4728 -
4729 -1183
4730 -01:19:40,020 ~-~-> 01:19:43,500
4731 -this previous consolidation area. So this is that by model
4732 -
4733 -1184
4734 -01:19:43,680 ~-~-> 01:19:48,510
4735 -come to fruition, okay, so over 200 and some pips okay offer
4736 -
4737 -1185
4738 -01:19:48,510 ~-~-> 01:19:53,130
4739 -here as a short term trader. Okay, if you were looking for
4740 -
4741 -1186
4742 -01:19:53,130 ~-~-> 01:19:57,810
4743 -that type of trade, but this is the area that we called for
4744 -
4745 -1187
4746 -01:19:57,870 ~-~-> 01:20:03,390
4747 -in terms of Short term trading I did a video previous to all
4748 -
4749 -1188
4750 -01:20:03,390 ~-~-> 01:20:06,030
4751 -the price action unfolding as it did here. And again, I'd
4752 -
4753 -1189
4754 -01:20:06,030 ~-~-> 01:20:09,690
4755 -counsel you to take a look at Chris Laurie calm and go into
4756 -
4757 -1190
4758 -01:20:09,690 ~-~-> 01:20:12,600
4759 -his video archive section and the webinar we did together
4760 -
4761 -1191
4762 -01:20:13,020 ~-~-> 01:20:16,230
4763 -his archive there you can see the analysis that was done as
4764 -
4765 -1192
4766 -01:20:16,230 ~-~-> 01:20:22,380
4767 -well. Looking at, obviously, the daily in terms of what it
4768 -
4769 -1193
4770 -01:20:22,380 ~-~-> 01:20:26,850
4771 -looked like, all this price action in here is what was
4772 -
4773 -1194
4774 -01:20:26,880 ~-~-> 01:20:30,990
4775 -called Okay, so over the period of few days, okay, you know,
4776 -
4777 -1195
4778 -01:20:31,020 ~-~-> 01:20:35,850
4779 -up over 100 and some pips obviously, but eventually moving
4780 -
4781 -1196
4782 -01:20:35,850 ~-~-> 01:20:44,160
4783 -to the point of over 200 and some pips. Now, if you're
4784 -
4785 -1197
4786 -01:20:44,160 ~-~-> 01:20:46,740
4787 -looking at this video module, and you're wondering, this
4788 -
4789 -1198
4790 -01:20:46,740 ~-~-> 01:20:49,860
4791 -looks nothing like the short term trading video module you
4792 -
4793 -1199
4794 -01:20:49,860 ~-~-> 01:20:53,160
4795 -did like, where you talk about the 18 and 40 moving
4796 -
4797 -1200
4798 -01:20:53,160 ~-~-> 01:21:01,050
4799 -averages, right. You're right because There's a difference.
4800 -
4801 -1201
4802 -01:21:01,110 ~-~-> 01:21:03,510
4803 -Okay, there's short term trend trading, which is what that
4804 -
4805 -1202
4806 -01:21:03,510 ~-~-> 01:21:09,090
4807 -vo module talked about. And then there is climax reversal,
4808 -
4809 -1203
4810 -01:21:09,720 ~-~-> 01:21:13,950
4811 -short term trading. And this is what that premise was in
4812 -
4813 -1204
4814 -01:21:13,950 ~-~-> 01:21:17,670
4815 -this teaching model module. Talking about how looking for
4816 -
4817 -1205
4818 -01:21:17,670 ~-~-> 01:21:21,630
4819 -reversals at resistance and support levels is what we
4820 -
4821 -1206
4822 -01:21:21,630 ~-~-> 01:21:26,010
4823 -focused here. Notice how the low here that we were targeting
4824 -
4825 -1207
4826 -01:21:26,430 ~-~-> 01:21:30,030
4827 -based on trading the market maker profiles during that
4828 -
4829 -1208
4830 -01:21:30,030 ~-~-> 01:21:33,630
4831 -specific time, the moving averages were saying what gets
4832 -
4833 -1209
4834 -01:21:33,630 ~-~-> 01:21:39,690
4835 -short. Okay? But support resistance trumps everything. So
4836 -
4837 -1210
4838 -01:21:39,780 ~-~-> 01:21:43,560
4839 -when you see that type of event unfold, obviously, the
4840 -
4841 -1211
4842 -01:21:43,560 ~-~-> 01:21:47,790
4843 -moving averages are lagging. Okay, but price action is not.
4844 -
4845 -1212
4846 -01:21:48,120 ~-~-> 01:21:53,490
4847 -It's leading. Okay, so, getting here long, in the very next
4848 -
4849 -1213
4850 -01:21:53,490 ~-~-> 01:21:58,410
4851 -day getting long here as well, waiting for higher prices.
4852 -
4853 -1214
4854 -01:21:58,800 ~-~-> 01:22:01,920
4855 -You can actually see the market recovered. Fall here on a
4856 -
4857 -1215
4858 -01:22:01,920 ~-~-> 01:22:05,550
4859 -daily chart, because is that we're looking at here, here's
4860 -
4861 -1216
4862 -01:22:05,550 ~-~-> 01:22:09,990
4863 -the range in here. Here's the breakout of that range, the
4864 -
4865 -1217
4866 -01:22:09,990 ~-~-> 01:22:14,610
4867 -big Tyrannosaurus Rex jumped in the pool. Okay, and it's sat
4868 -
4869 -1218
4870 -01:22:14,610 ~-~-> 01:22:17,670
4871 -still for a moment, and we've price to get stabilized again.
4872 -
4873 -1219
4874 -01:22:17,910 ~-~-> 01:22:20,610
4875 -And then it puts next leg in, so to put more of its body and
4876 -
4877 -1220
4878 -01:22:20,610 ~-~-> 01:22:23,670
4879 -then price eventually moves higher. And I can tell you, the
4880 -
4881 -1221
4882 -01:22:23,670 ~-~-> 01:22:26,970
4883 -price has actually moved even higher than this, since this
4884 -
4885 -1222
4886 -01:22:26,970 ~-~-> 01:22:30,360
4887 -particular low here as well. So we were very fortunate
4888 -
4889 -1223
4890 -01:22:30,360 ~-~-> 01:22:32,790
4891 -enough to have a very good example of price action in the
4892 -
4893 -1224
4894 -01:22:32,790 ~-~-> 01:22:34,770
4895 -Australian dollar. And I was very pleased to be able to
4896 -
4897 -1225
4898 -01:22:34,770 ~-~-> 01:22:35,400
4899 -share that
4900 -
4901 -1226
4902 -01:22:36,390 ~-~-> 01:22:41,970
4903 -beforehand in video recording, and targeting of the specific
4904 -
4905 -1227
4906 -01:22:41,970 ~-~-> 01:22:45,690
4907 -price levels where I thought price was going to trade to and
4908 -
4909 -1228
4910 -01:22:46,470 ~-~-> 01:22:49,170
4911 -be able to share that with Chris Laurie as well in a
4912 -
4913 -1229
4914 -01:22:49,170 ~-~-> 01:22:52,920
4915 -webinar. So hopefully this has been very insightful to you
4916 -
4917 -1230
4918 -01:22:53,070 ~-~-> 01:22:56,220
4919 -and gives you some framework to utilize some of your short
4920 -
4921 -1231
4922 -01:22:56,220 ~-~-> 01:22:59,940
4923 -term trading and where to apply specific price patterns and
4924 -
4925 -1232
4926 -01:23:00,210 ~-~-> 01:23:05,130
4927 -How to use that in your arsenal for short term trading, put
4928 -
4929 -1233
4930 -01:23:05,130 ~-~-> 01:23:08,730
4931 -some thought into how you're going to be a trader, you can
4932 -
4933 -1234
4934 -01:23:08,730 ~-~-> 01:23:13,050
4935 -use either one of them buy or sell module. And if you look
4936 -
4937 -1235
4938 -01:23:13,050 ~-~-> 01:23:18,990
4939 -at that fractal pattern, again, if you just understand part
4940 -
4941 -1236
4942 -01:23:19,020 ~-~-> 01:23:23,010
4943 -of the fractal, and you can make a career just on that, so
4944 -
4945 -1237
4946 -01:23:23,070 ~-~-> 01:23:26,820
4947 -in a buy module, and you just see the sell aspect of it,
4948 -
4949 -1238
4950 -01:23:27,120 ~-~-> 01:23:29,640
4951 -that's all you need. Okay, because remember, you can build a
4952 -
4953 -1239
4954 -01:23:29,640 ~-~-> 01:23:30,900
4955 -career on 50 pips a week.