All language subtitles for lo_091316c EN

Okay, we are recording.

Good morning.

Again, those that are here live.

Okay.

We're going to be looking at the British
pound this morning, and I'm going to

briefly take a look at the Canadian dollar
also because, um, by way of, uh, those

individuals that are in the webinar right
now, I have 167 presently live right now.

So I guess everyone
else is still sleeping.

The, uh, the website forum for those
that are having issues with this.

Um, it's a simple matter of going
through the username that you

have and the password that you
assigned for yourself to log in.

Once you're in that point of the forum,
you can go anywhere you want in the

forum without any further password,
except for the September month content.

When you click on that, it's
going to ask you for another

password, not your user password.

It's going to ask for a
separate distinct password.

And it's capital E N I G M a number nine.

I think everyone's trying to use
their own union, you know, user

password to get into that thread.

Once they signed in already, it's not
what you're supposed to be doing is,

is if it's distinct, separate password,

It's important.

You realize that the procedure,
because every month will have its own

password and I'll rotate them as we go.

All right.

So looking at the dollar

we have, uh, we were
looking at this order block.

Uh, last night I did, uh, uh, yesterday
evening rather, uh, I did a quick

video explaining that we were probably
gonna see some movement down here.

I liked the fact that
we had this stop run.

So this area down here was defended.

As far as buying a bull shorter block
here, the down candle price moves away.

It comes back down into
that same order block.

The main thresholds
respected it, rallies away.

I come back one more time recapitalize
and it has a really nice surge in price.

Then we saw price come down into
that same order block in here.

Okay.

Mean threshold.

I'm just eyeballing.

It doesn't have to be perfect, but
you'll get what I mean by the middle

of the candle, the down candle.

It doesn't even go down to that level.

Okay.

But more importantly, it
takes this level of short term

liquidity out rate below that.

Right in here.

Okay.

So we have stop run, and immediately
runs through a short-term

high comes back, recapitalize.

It expands again, closes in the range.

We talked about, um, looking for
upside for dollar, nailed it to the

pit like we described last night.

And then we came down and hit this or
a block rate in here was a little bit.

Okay.

I believe you guys can zoom also on
your end, if I'm mistaken, please

correct me, but I'm almost certain
that on your end you can zoom.

Is it, is it possible for your end?

Okay.

Yeah.

So just so you know, going forward,
you can zoom on your own, but I

want to keep the, uh, presentations
as neat as I possibly can.

So we're going to continue, sorry.

The, the down candle here, okay.

Comes right down into the body of
that candle here, but we'd have to

combine both of these because you have
one, two consecutive down candles.

So the order block actually
begins right in here.

Okay.

So if we had an eight hour candle,
okay, this is a four hour chart.

This is what you would see as a bullish
or block on an eight hour chart.

Now I don't need to show that because
obviously the characteristics and

prices, the two down candles on a
four hour, it starts to move up.

You would just blend them together on an
eight hour chart, you would just see one

down candle and you used the top of that
candle draw down time, and you could see

the bodies of the candles or respect.

So don't think that it has to be
a specific timeframe or block.

It has to be a 60 minute, or
it has to be, um, a daily has

to be a daily and four hours.

Excellent.

And if you look in those timeframes,
then it's going to be fine.

But when we're in lower timeframes,
just be aware that if you have two

distinct down candles or just, you
know, up candles, they're still

representing an order block because it
was all down movement where the bank's

going to be buying on down movement.

So if there's going to be two
consecutive down candles, right

before that big explosive move up,
you have to blend those two together.

If that makes sense.

Does anybody not understand that?

I guess I should have asked it that way

no bit, but you didn't get that

September 7th.

There's four down candles.

1, 2, 3, 4.

I met this one here.

I'm specifically talking
about this right here.

These two candles.

This is all.

But that's would be considered like,
uh, what actually starts in here.

This is all an older block as well in
here, but to show that, and you'd have 1,

2, 3, 4, 5, so you have a 20 hour candle,
which, yeah, I'm not sure on 20 hours,

but the long and short of it is, is that's
all buying, which is the exact thing

you'd expect to see inside of what what's
this, what's this price action doing?

It's dropping down below
the low take out the stop.

So they're accumulating
all these positions.

Well, you start with the entire range that
you, you identify the, uh, the roadblock

block with two down candles, right?

For the big move.

Okay.

That's the beginning of the range and
they need to fine tune it by dropping

down into this is a four hour charge
that you have a lot of room to refine

it by dropping into an hourly chart, 15
minute chart, or a five minute chart.

But the overall buying
condition starts like this.

Okay.

Right in here on the top of that
candle down, you can look at this

for sensitivity because it's the
last candle before the move up.

And then we can refine this going
down into smaller timeframes, which

is what we're getting ready to do.

But I wanted you to understand
that order blocks are not

defined just by the very light.

Candle, because if you're in a higher
timeframe, which is four hour, like we're

describing here there's room for you to
refine the actual level that they bought.

And you'll see what I mean.

Once we dropped down into an alley,

see the down candle right here.

That's the response we're getting
right here off the middle of the body

of that candle as the response we saw.

So the overall buying again at 95 0 6,
went down deep rally through and then

recapitalized, what specific level?

This one right here.

Okay.

And we'll be more on a lot of
stuff still for this month.

It'll give you details about rules and
such, but I don't want to spend too much

time talking about this and missed a
whole bunch mornings, uh, commentary.

So I may at four 30, see me real quick.

Let me throw this up because
if not, I won't have the time.

Okay.

And you should be seen
the economic calendar.

Okay.

And I showed you last
night in the recording.

That, uh, and I'm not sure why somebody,
you actually having issues with it.

It's still an MP4 file that I always do.

So I'm not sure if it's an issue on
your end with the player or what, but

I haven't done anything different.

The four 30 in the morning timeframe
in New York and about 45 minutes

from now, we're going to have British
pound high-impact news and CPI.

And we have two medium reports as
well that are due out for four 30.

And then we go into five o'clock
in the morning where Draghi's

gonna drag on with his rhetoric.

And who knows what he's gonna say?

I could care less.

What we're going to do is basically
study the response between four 30

number release and 5:00 AM now because
we have such a small window in time.

Okay.

I want you to understand how much of
an impact that has, and we don't have

anything else for it, for the us, because
of the filters showing dollar, but there's

nothing dollar based for a New York today.

So all the actions really
should be in London, especially

between the fiber and cable.

What we're only going to be
specifically dealing with cable.

All right.

So wait a minute.

Okay.

Let's go back to Lee.

Two charts so far, we're
still on equilibrium.

Haven't really moved.

Um, it's very nice to see this response
in here, but we have a lot of liquidity

arresting just about these highs in here
on, on a small near term liquidity pool.

Um, staffs are just below
here on the sell side.

I would take us down into this
bullish shorter block here

just for completeness sake.

We'll take a look at your real
quick, still on consolidation.

Nothing's really changed
as we discussed yesterday

cable.

These are the levels I'm
watching for this morning.

Uh, we have the short-term low in
here, so obviously, you know what?

The rest rests below that cell stops.

So if it's going to come down and clearly
stop, that's most likely going to close

in this fair value gap right in here.

Okay.

And then it will close in the
entire void that's remaining now,

whereas we're looking at this.

So between this low here and the high,

the down candle hours, it's
this candles highs 1 30, 2 91.

And the low on this candle.

Comes in at 1 33 0 1.

So we have a range between this low and
this high, and that is our fair value gap.

Okay.

And basically it's a small little
section of what would normally be

referred to as a liquidity void or
price runs real quick away showing

her some strong buying in here.

Okay.

There's three spots right in here.

This down candle is a propulsion candle.

What makes it a propulsion candle
is because the majority of the

strength moving away from that
level is seeing right there.

Okay.

Now you can say that the whole move
begins back here and it's true, but

this is exactly where the accident
price in the, the last time they

move away from general consolidation.

You need to find that or
block on the downside.

Now we'll tell you where
the actual buying was.

You can also to further confirm it by
taking yourself a little bit further to

the left, cut through some candles, and
you're gonna see all this down movement.

What was this low here?

What was, what was resting below this low?

Okay.

What specific and in terms of
stops, what stops by stops?

Exactly.

Cell stops.

Very good.

So do you understand why
it's cell stops Eugene?

You awake, man, get some coffee and
you man, we still got some time.

All right.

So the low, the low gear, anyone that
was buying and seeing that little

bit of appreciation on the upside
there sell stock, protecting that

long would be rate below that low.

That's what you see
here on this run lower.

If you understand this, if you
understand what I'm describing here

on every timeframe, this is like
the bread and butter of all thing.

Watch this level right here, guys.

I'm not used to talking during a London
session, so I'm losing my virginity here.

The, uh, the low they
run those real quick.

They take out the cell stops.

There are, there is no chat
when they're not Dominic.

Um, I'm the presenter.

So this is really just everyone
in the group asking me questions.

So I'm treating it like a chat
room, but it's really not.

It's only one sided.

So if you have questions or if you want
me to speak specifically about something,

um, use it, but don't and don't look,
boom, isolate, you know, questions.

It would be otherwise asked on Twitter.

Yeah.

If you understand this, this principle of
running out liquidity, in other words, the

sell stops below recent lows or the bias
after above recent highs, that'll give

you 90% of the setups that I trade on.

I mean, most of it's always on
the heels of a liquidity run.

So once there's a pool of stops
resting just below this low.

So if it's a horse stops, stops
our liquidity and that's what

makes it a liquidity pool.

The price drops down and hits those.

Now it's not just simply
going down below that.

Okay?

You don't always know that it's
going to happen as a new trader.

You can sometimes see it after the fact
and say, okay, well I missed this and

there's initial surge, but when it runs
away after taking their staff, what's the

minimum expectation it has to take out.

What's the probability of this setup.

The one I'm describing here,

well, it's, it's high probability.

If you understand what I'm explaining
in terms of, uh, liquidity run, but let

me get through the discussion first,
because we're getting close to where

we got to really be paying attention
to the actual live, live price.

So when price drives lower
takes out their staff, it's not

necessarily that you see this before.

The fact that's the importance of this.

You'll get better at expecting
and having live and you can

buy it right when it drops.

That's not important to know.

Initially you need to expect
this, the runaway from it.

And then it has to blow through
the near term short term high,

which it does right here.

That means you have market structure.

Okay.

So when that happens, okay, as
soon as that happens, you have

two things happening for you.

You have two patterns that use number
one, you can use the propulsion candle,

which is now the new down candle.

Okay.

This down candle in here is going
to return back to the older block

that was established during the run
on liquidity, which is this down.

So we have one, two candles.

What did we just say
earlier about the dollar?

When we have two down candles and we're in
a timeframe that can be referring refined,

lower we're in a 30 minute, we still
have room to go down to the 15 and five.

The order block begins at
the top of this candle.

The first of the two, it can go
as low as this one down here,

because if you refine it down to a
small timeframe, you'll see that.

But here, the buying begins
with these two down candles.

This entire drive lower is buying and
it's running for the liquidity here.

So if we have two 30 minute candles
consecutively, what is that?

The same OB in terms of another
timeframe, it's a one hour order block.

Does that make sense?

Okay.

Now, once it blows through the
short-term high that was formed

right before the stop run.

Once it breaks that your eye needs
to go back to that last up candle,

because that's a bear shorter block.

Okay.

It drives price lower.

They run the stops below the marketplace.

They're going to want to have
to undo the orders that were

driven to drive price lower.

Once it cracks through that short
term high, you know that this is

going to be what an ICT breaker.

So the market's going to want to
capitalize buys and undo the longs here.

So there's going to be a
mitigation process there.

They got to undo the short-stay put
on in this down, I'm inside it's

up candle and you can see driving
all the way out in here in time.

And you see, they capitalized
all that right in here.

So we have two things here, and this is
what makes this probability very high

and why the response you saw was so
dynamic away from that level right there.

You have the order block here.

This last up candle, we're using
the body of the candle out in time.

Price drives through the
short-term high rate there.

Then it comes back right
into this last up candle.

That's a bare, shorter block.

It shown willingness to drop
lower, but it went through it.

So here's two things.

If you were looking at this as this.

And you, you try to sell it here and it
ran you out and stopped at no problem.

Cause you have immediate feedback.

Okay.

I did that wrong.

This is a bullish breaker.

Now I got to wait.

Now, once he gets back in that
level, I'm going to buy it because

I saw the stop around here.

It broke through market structures
on the bull side, I was wrong.

I read it wrong.

Now I'm going to get myself back in sync.

I can buy now on a down
candle, that's returning back

into an hourly bullish order.

Block price runs away, explosively.

This is the propulsion candle dries up,
cleared out the short term high in here.

Presently we're seeing
Judas prices dropping lower.

And I want to see if we get a
response off of this 1 32 90 level.

Uh, it could drop it as low
as 1 32 is that 1 30, 2 85,

but it can't stay there long.

They can tap it and run higher.

Um, but I'm a more like more specifically
watching the 1 32 91 to 90 level.

Okay.

Um, what, let's see if
there's any willingness to

snap up there and run higher.

I don't like the way that they left
these highs here and this here.

Um, it could be something like this.

It could come down and hit that
low or this level here for a right.

Then hit this order block
up here at 1 30, 3 55.

And it goes a little bit higher than
that and got to, uh, uh, what is that?

Um, 33 67.

So 33 65.

That's 33 70 on an upside.

Uh, that would be potentially what
would happen during the London session

with some, um, impact from the 5:00
AM talking, but we won't be live for

that, but, uh, I'll hang around till
about 3 40, 3 45, something like that.

I'm sorry.

4 44 45.

Now it's 15 minutes after the, uh, the
news releases at four 30 for cable, and

then we'll manage it from a toilet then

us CAD.

We mentioned this last night, uh, like
how it was dropping lower in here.

And we're going to see if it goes
through the middle of this down

candle, which is a bare shoulder block.

It did that decisively, uh,
don't think that these biostats

are going to stay in tact.

I think they're gonna make a run on that.

Um, we really drove higher here, took
the short term high out liquidity,

restful above this short-term high.

It runs that it's going to expand
and take out the buy stocks

above these two equal highs.

Um, dollar has been like a really,
really nice pair since last week.

And we saw that same family
just outline on cable.

Same here.

We will have to stop run.

Okay.

And you watched the down move
at the beginning of the stop

run that drives price lower.

There's a return back to the Bush
ICT breaker and you see the response.

So it's amazing when you understand
this, it's not necessary that you

see the actual turtle soup sell
off or buy right before it happens.

That's the importance of it because
everyone's stressing this hole

in the free section and the free
memory area where everybody's

still hanging out in the tutorials.

I teach vaguely the turtle soup principle,
and I teach the, uh, the idea of buying it

below the low and unsung about the high.

You have to do a lot of
studying and practicing that.

Okay.

A lot of practicing on your
own to, to trust what it is

that you're expecting to see.

Now you're seeing the dynamics of
everything in concert with one another,

and you see why there's no real necessity
for me to be 100% on the market every

single day, because I can sign on
between London or sleep in London.

If I get a chance to, and just go
into New York and then find something

that took place as a stop run,
and then you use the breaker off

of that, it's, it's always there.

It's absolutely always there.

You're going to get one of those
patterns or a return to an owner block.

If something to do every day.

But you don't have to rush and
feel like you have to do it.

You know, I have to know the, um,
the exact time it runs the stops.

You're not going to understand
that yet as a new trader.

So if you're in here and you're
struggling with that, just relax.

Trust me.

When I tell you that part will come
to you over time, the main thing is,

is can you see it after its forms
and understand what's taking place?

Because if you understand that much,
you'll know exactly what to do with the

next price, like it should go to the
breaker and you'll get, you'll get a

specific teaching tutorial in this month,
breaking all that stuff down as well.

How many times a month as a high,
probably set up occur in each major?

Well, you have, you have two
high probability setups and

on average per week per pair,

there's a lot more that you can, uh,
I guess classify as high probability.

But to me, I think an Allie set up to me
if it has all the framework, then yeah.

Allie's, uh, you know, that's,
it's, it's high probability, but

four hours usually you get like
one really solid set up per week.

And if you live there and just
primarily focused on now, you'll

have everything you need to be a
consistently profitable trader.

It's certainly not to make a living off
of not, you know, initially getting,

you're not going to get rich, but
you don't need to be rich right away.

You just need to be rich
consistently over time.

Uh, don't know what you're talking
about king, but, uh, I want to kind of

keep the discussion about today because
it's very easy for me to get in here

and talk about other things and miss
the whole point of today's discussion.

Okay.

See if it has any legs
come off of this low here.

If it doesn't bounce at
this order block here.

Okay.

Say it runs through this low.

If it runs through this low and then
rallies back through this high, you

know that the up candle right in here
will be used for a bullish breaker.

So there's a time example of how you
can study this one, either test it as

long as buying on this order block here.

If it runs through this low here
and stops you out, don't worry.

Wait, then see if it wants it
run after it takes that low, it

rallies through the short term high.

When it comes back down into
that short-term high they'll

candle in that short term high
that's a bullish ICT breaker.

Then you'd expect a run up to first
objective would be this order block

low here, and then this order block.

That's the purpose of us getting together
on a daily basis that we can see it.

You're using my experience to help
you for the immediate near term.

Okay.

Now we want to see if it's
going to consolidate in here.

If it consolidates that builds a lot of,
um, support for the idea that they're

going to expand it through this short term
high, and then ultimately we'll save, it,

wants to go through that 1 31 52 level,
which would be the old high back here.

Now, let's say, let's assume for a moment.

Watch this.

Here's a scenario.

Okay.

Let's assume for a moment that
dollar CAD runs through the

short-term high and up through here.

Okay.

You can test that as turtle
soup and it stops you out.

Don't worry.

Log the experience because you need to
trust doing over and over and over again,

exercises like this, not live trade desk.

Okay.

Cause it's primarily bullish because
of the dollar, but you want to test

what it feels like to be in the
marketplace when you're selling up here.

If it works okay.

If it works in sales off, once it
runs above here and say it breaks down

and comes all the way back down below
this low it's back up to that level.

The what would we expect and why?

Very good Dean Dean says it will
be a bearish breaker because it's

a break and market structure again.

So I can outline.

So you understand, so you can test it
today and see if it happens the market.

If it runs up to this high here and clears
out 1 30, 1 52, say it goes up there and

installed and rejects and trades back
down and trade down through this little.

Once it breaks that if it trades back
up to that low, we would expect it

to sell off again, because that would
indicate that this whole movement

up was just a run on the stops
here and here, and it broke down.

Now I'm going to trade back to that low.

That would be a mitigation of the
lungs that they use to drive price up.

Then I take those off.

So it's going to be a real quick sell
off because they're going to be new sell

orders and liquidation of old longs.

And then you'd see a breakdown and
you'd watch this range in here.

This liquidity void rate in here,
closing, and you have equal stops.

I'm sorry, equal loads down here
for a liquidity pool as well, with

a bullish or black right there.

That's, that's a scenario you want to
watch for, if we do get up there and run.

Exactly.

Now you go it's new.

Brian says, uh, uh, it would be a
sell because of a bearish breaker.

And then John says, uh, it's
a start of a new market maker.

So model, and that's exactly what
you would expect to see if you

see all these things break down.

So you anticipate this
framework in the marketplace.

You don't know ever.

You have you ever know with any
degree of certainty that the

things are going to pan out.

Like you want them to, you have
to wait for these things to

line up with time and price.

And is it indicating the things that are
characteristic to that set up a market,

a cell profile of a bear Spreaker,
uh, Uh, run on stops above the market,

which would be a bears turtle suit.

Um, all those things have to agree with
one another and you just can't say, okay,

well, it's making a lower high here.

I'm just going to sell it right here.

And it's going to mark be a market maker.

So profile.

It can be, it can be, but
I don't like these sets.

That's when you have stops just north
of where it stopped before, to me,

it just looks like they're setting us
up for, well, they want to get your

short here and they can run you out and
take your body stops out and they can

sell higher when they've already sold
it early, because they can do that.

They have deep pockets.

All right.

So let's go back to cable.

So for our cable just took a
little bit south of this candle

here, the lowest 1 33 0 1.

This candle here is probably
1 33, even 1 33, even.

So it went down just by one.

PIP must be much more
interesting to see it.

Come down to this level here, 1 30,
2 90 91, and then see it run up here.

Now it can do this.

Now, if it doesn't take the low out
any more than it has here and say it

runs on the numbers at four 30, we will
watch to see if it hits this level.

Here is high as the open 1 33 67.

So let's do that.

Okay.

And the reason why, and believe me,
not all one sessions are like this,

where it can be seen on both sides.

When the markets are in consolidation,
you have to use both ends of the range.

You're going to just set up, you're
going, gonna occur out here or down here.

You don't know for certain, when you're
in the middle, what it's going to do

first, you don't know if it's going to
expand up or down or an equilibrium.

That's the point of
Middlemarch price is balanced.

So what we're waiting for is the market
makers to put an imbalance in price.

It means send it to a level.

And in Watson seeing if it has a
willingness to stay at that level very

long, and I don't want that to be drained.

I see these flaring, uh, Scott, this.

Okay.

So the, the upside can have as
low as 33, 55, but a high of

33 67

Dallas back to mud.

Not really showing you anything here.

Look at all this consolidation
and, and overlapping of

candles in here, see all that.

That's a lot of trading going on in
a small sec, uh, set range of price.

So they're really, doesn't give you
an indication that there's a lot of

willingness to do or not willing to
willing to do, but a very distinct

level of bearish or bullish or Orbach.

Do you know what I mean by that?

When I say that it knows it's spent
a lot of time trading in here.

So prices very efficiently traded in this
small little block of space and time.

So when we trade it up like
this, there's nothing in here.

Now looking at it, it would be clean.

It would be a void or a distinct
level to expect a response from if so

much efficiently, uh, traded price.

And here, it's not like when you come
back down here to this order block

where we had a real quick runaway
and we hit that level and then we

ran nothing exists in here like that.

We closed in this range here.

So if we stall here, it's going to
want to run the stops below here,

or at the very least run out to
the low to heat this made here, and

this order black would be in play.

And the reason why I say all this is
because for dollar based analysis, it's

not as distinct or clean for analysis.

So you have to rely heavily on
your foreign currency payer set up.

So in plain terms, the dollar right
now, where we're at it's neutral.

So it doesn't give us any support
at all, because it's not in an area

where it has a willingness to go up
to a very clean liquidity void like

it did here, closing it in right here.

No, it's all this down candle.

We had a very easy way of
describing where price would go.

And we went right to the PIP that day.

Now we're in an area where it's a
lot of price action trading through

here, all this small section of price,
right in here, it spent a lot of

time and these are hourly candles.

And the only indication we had was
price came down clear to short-term

well, capitalize and old bulls or block.

And they had responded to our last
reference point of institutional

order flow is what on the buy side.

But we haven't cleared this whole area
of price range, even clear out the short

term high we're still in the middle of it.

So it can go back down or stay sideways.

It doesn't, it doesn't
look initially here.

They didn't want to drive up through the
high, even though we had the last, uh,

Annotation on institutional order flow.

The last response was
buying an older block.

There's nothing bearish in here.

It's very clean or distinct.

Exactly.

Daniel there's no, there's no symmetry.

So when you see this

is the sound good.

You guys still hear me.

Okay.

Yeah.

If you guys, if you hear me drop off
in sound, let me know right away.

Cause I do not want this to, I don't
want to lose audio, however, antsy.

Um, so the reason why I'm making a point
about this is because there's going to

be times when you hear me say this is not
a high probability setup and one of the

reasons that's going to occur, it's where
if we end up in a range for either the

dollar or if we're in a currency like the
British pound, or in other words, if it's

another pair that's coupled with a dollar.

If one of those two don't have very
distinct ranges or primes of reference

in terms of liquidity pools, liquidity
voids, they have to agree on both sides.

In other words, the cable has
to have the exact opposite trade

set up that the dollar has.

If you have that scenario.

You have the highest probability setups
there is, there's no other higher sick,

there's no higher scenario in terms of
odds in your favor of your trade idea

that you were expecting to pan out.

But because we have the dollar in this
consolidated range in here where it's

spent a lot of time back and forth
trading at that level, or in that

range, we're only right back in there
with what don't last reference point

we had was the buy the order block.

Then we're right back in
this muddy little range.

So we have to rely heavily on, we
have to rely heavily on the foreign

currencies that we're looking at.

And again, real quick, uh, you're
a dollar what's indicating the same

thing we're seeing in the dollar.

So what are we seeing right
away that the market is on hold.

It's understandable that it
would be like this for the Euro

given today's economic calendar.

What's happening if five
o'clock in the morning.

Exactly.

Cause we have druggie putting
the drag on the markets.

Okay.

And now here we go.

We have the markets and consolidation
ahead of a high impact job owner.

Okay.

So jogging to talk in it
better now, less than an hour.

Okay.

So everybody's just waiting
to see what he's going to say.

And you're seeing that same
thing L uh, shown here.

Where we don't know prices in a point of
balance, there's no imbalance right now.

So two things have to
exist for high probability.

And this is a note-taking
session, a moment.

Okay.

High probability setups occur when the
market's symmetry shows dollar-based

rally or a decline ahead near term.

In other words, we expect
bullishness or bear Smith that

are very distinct in the dollar.

And we see the opposite true
in the foreign currencies.

And we look for that in the majors,
if two or three, have very clear,

distinct opposite sales scenarios
for Bose dollar, you have a

high probability set up as well.

So there's going to be some times
where the dollar will show it could

go lower, but then cable looks
like it really wants to go lower.

Well, that doesn't agree and say,
the fiber does the same thing.

It looks like it wants to go lower.

When the dollar goes up,
he wants to go lower.

It can happen.

It gets in an area where, and you
don't know what's going to happen.

So you have a price balance.

We cannot have high probability
setups in moments of price balance.

It can not occur when
everything's at equilibrium.

If everything's around equilibrium,
the market makers are still

allowing the orders to build
above and below the market.

They're still letting those
pending orders build up.

That means there's not going to be
any projection, airy movement yet.

And we have to wait for that.

That means we have to wait
for the movement of the

rains to expand up or down.

And we don't care what direction
it is, where it's waiting

for that initial movement.

Because without the impulse leg, we
can't discern, we can't discern whether,

if they're running stops or if they're
running to a liquidity pool, I'm sorry.

We're filling in a range
of liquidity void, rather.

Exactly.

Right.

Ray says, we wait for the elephant
to put its foot in the water.

You have to have displacement
without displacement.

You have no indication that
there's institutional sponsorship

behind the move period.

It's either going to come in the
form of capitalizing old orders.

Nobody's buying it or bought a
Bosch or a blocks repairs, order

blocks, or through manipulation.

That means running in to an area of stops.

Right now we have nothing.

It's just sitting in your waiting.

And this is hard, especially
for those now in this group,

because you're paying me money.

You're, you're sitting in front of the TV.

It's like, pay-per-view you paid for it.

Now show me something.

It may not form a setup, but I want
you to see the contrast between

when the markets are like this.

But think about, look
what we did last week.

Last week, we had very clean,
defined liquidity void, which gave

us what very high probability that
it was going to go up to that level.

What level below of 95, 57, the hiking.

At 95, 57.

That's when our analysis that's
when ICT stuff is perfect, it goes

right to where we want it to go.

And it has the directional,
uh, premise and bias in favor.

We don't have that.

Now.

It's very important to understand that
because it's, it's not, it's not something

that you want to just because we have
tools and all these fancy names for

describing what institutions are doing.

It doesn't mean that you go in
there and you force a trade.

You don't want to do that.

And believe me, I'm aware that you
want to have a straight set set up

because we're going to live in London.

I would love nothing more for that, but
I'm giving you what I do on a daily basis.

And it's going to protect you.

It's going to keep you out of bad trading
opportunities, and it's going to help

you highlight when the probabilities
are high favor, high probability and

the likelihood of it being profitable.

I think everyone here would agree
that it's more important to know

when not to trade and avoid losing
money on necessarily than it is

to take a trade every single day.

If he learned the skill of knowing
when to get out or stay out when it's

low probability, you'll, you'll be
able to weather the moves that take

place when you had it classified
as a low probability condition.

And if it still moves, you're
like, okay, it doesn't matter.

It didn't line up with
high probability for me.

And you know that there's always
going to be a set up every single

week, every single day in something
there's always some kind of.

You won't feel, you won't feel rushed, you
won't feel pushed into having to do it.

So in clarity real quick, before you
get in here and focus on the, uh, pound

number release and about 20, what is that?

12 minutes.

Yeah, about 12 minutes from now.

That'll be that'll release
high probability has to have

symmetry between the dollar and
the foreign currency markets.

And the reason why I trade in the
majors is because obviously they get

a trader tax status in the states.

We have to trade with dollar based
currencies to get that tax break.

Secondly, because the dollar is the king.

It's either going to allow the
currency to move around freely, or

it's going to hold them in place.

We're seeing that today they're
holding dollar, which holds all

the other foreign currencies.

If we see high-impact news coming out,
when we're in a consolidated pattern

like this, that probabilities are very,
very low with directional biased trades.

We don't know with any degree of
certainty, if it's a bullish or bear

scenario, we don't and that's okay.

It just means, okay, well, right
now we're in a holding pattern.

We have to wait for the market to indicate
what it's going to do once it does that.

Once we see the reaction of price after
that number release, and it still may be

rather muted because of the five o'clock.

And I want you to understand the
distinctions of how high probability

conditions like it was last week
when everything we were talking

about just happened like magic.

And now we're in a less
favorable condition.

Things can still line up with
all the things I teach, but

they aren't in the charts yet.

There's nothing here yet.

The only reference point we had here was
a bullish or a block that was capitalized.

So we have a slightly, and I mean,
I mean this very, very carefully.

I don't want to say it where
it's like, okay, go in here.

And I'm giving you something cryptic.

I'm telling you, I don't know
this morning, if we're going

to continue up for the dollar.

I don't know that.

But using what I understand,
the last point of reference

was a bullet or a block here.

And I would expect if it's
going to be a directional, uh,

movement after the release.

I believe personally, that
they're probably going to

want to take these stops here.

And if we lose this low here,
they're going to run the low here.

That's the scenario I would expect.

I think the initial pop is going to be a
dry higher on dollar, which is a reason

why I'm looking for the low or expectation
of a ba-bye down here on cable.

But it may not give me that level.

First.

They may come up here and hit that one.

If it does, it can expand up to 33
67 and then come down for this one.

And then we'd have to wait and
see what Draghi says, which

I don't ever listen to him.

I just expect something to happen,
you know, and heals him, run his face,

please.

So smart.

Why doesn't any trade?

It ain't him.

All right.

So

I like the fact that we
have, um, consolidation here.

Okay.

The consolidation expansion
consolidation, expansion consolidation

to now the next leg and, and, uh, the
algo is going to be what expansion.

Okay.

Yeah, I would have really liked it.

If it would hit that level down here
at 32 90, I would have bought it.

Right.

That rate at that moment, by having
the numbers, I would would've did

it right then if it stays where
we're at right now stays tight.

It could still drop down in here.

If it does, I'll give a demo long for
a run to 33 55 to 33, 70 or 65 33 65.

Um, Y what?

Hold on one second here.

What would void Tanner to left over here?

Well, a couple, a couple of videos,
like last week when I was talking

to how I didn't want to sell cable.

And why was I not concerned about this?

Or why was I not taking
this into consideration?

Is that what you're asking?

The reasons why?

I think that table on a higher timeframe,
uh, daily, I think they're going to want

to close in that the fair value gap.

Let's take a look at that real quick.

So you can see what I'm talking
about for completeness sake.

Okay.

We have this exposed range in here between
the close of the candle and this high.

So we have this little area right

here.

And I think personally, I think
it's going to want to close that in.

Well, in terms of high probability,
I think that's most likely what

we're going to reach for given where
we're at right now, all of this in

here, this ranging, I'm not sure
we're going to do that right away.

I mean, that could be made a lie.

I don't know.

Like I said, I'm learning
all through post-Brexit, you

know what what's going on?

So today I feel like a neophyte with
cable because I have all these things

in the background and I'm forcing myself
to be exposed to it real time with you.

Well, I don't work a
job that gets me tired.

The only reason why I'm a little tired
tonight without having any sleep is

because I talked to my family member
about the things that were going on.

But apart from that, I'm fine.

I sleep between five o'clock and seven.

That'd be enough for a little while.

Then I'll go back to sleep.

After I talk to you guys after New York.

Why would I ignore the daily order block?

Which, or block is it a bullish or bearish
shorter block you're referring to cliff?

Well, there's no news
coming out in New York.

That's going to be high impact.

So what we're, what we're establishing
hopefully is this morning, and we got to

get back to cable on a lower timeframe.

Uh, I'm not sure if
you're referring to it.

I'm assuming cliff, you were
talking about, why am I not worried

about this bear shoulder block?

Um, we, we still could be.

And that's what I'm saying.

It would just, this re this move up into
this smaller range with is identified

on a smaller timeframe because we're
on a daily chart that would take us

up and did a mean threshold of that.

Bear's shorter block.

That's what I'm saying.

It's it's, that's where I would
look for to expand to, because it

takes us up in the middle of that,
into the middle of that up candle.

See what that is.

That's basically the, what
middle of that candle, right?

So we can expand up, hit that middle at a
bearish order block, and then roll over.

I don't want to sell it.

I just don't want to sell cable.

I don't trust it.

I don't believe that it's
a trade to take right now.

And while it's had a nice couple
of drops, but it's coming back

aggressively more on the buyer.

And I don't.

I said, I don't want to stand in
front of this one on, I want to sell.

I don't want to.

And I'm, I'm okay with being wrong.

There's a lot of learning for me
with my tools in this environment for

this particular pair, which is great.

I feel like a new trader again, I'm
getting to relive all that all over

again, but I just don't trust the,
uh, the undertones with this currency

because it has the conditions of a,
a micro black Swan where it'll just

go crazy higher because it wants to
erase all of the Brexit, uh, sell off.

I don't believe it's going to
do it right away, but it could.

And that's why I'm being
leery of being short.

Okay.

So let's go back down
to a smaller timeframe.

Now I'm going to take the comments
off because I want to focus on the

live session, uh, price action.

So, uh, we're going to end, don't give
me any more questions or anything.

I'm going to save the log and I
have three days worth of logs to go

through and answer in a, uh, a recap.

So I'll do that today.

Know I'll kind of close the gap
on, uh, all the things that weren't

talked about during the video.

So.

Let's put this back over here.

I don't see it.

So you can see that same thing here.

We were describing on a daily
chart above us on cable.

We're seeing the reverse
of that on the downside.

They have a very small little fair value
gap in Albertson where there's not,

there is no other trading in this range
here, except for this down movement here.

So this could actually be refined
my 15 minute timeframe to here.

Okay.

And you see the dip to rate below that low
right in here, but left the range still.

Okay.

Left the range so we can do this.

So we don't get much movement lower.

And to see if there's a
response off of 33 15,

what's it run to 33 55.

So 40 pips,

two minutes, and the most release

that's about how much Charlie you want to
have on your, on your, uh, London setup.

You want to have at least about that
much data behind you, that we can see all

the liquidity pools, all the ranges that
would be there really there's any ranges,

except for the one we exposed here.

Let me get this off because
it's no longer salient.

So based on cable, if I was just forced
to not use any other instruments to

give me answer market or your answer
market analysis, I believe that

we're gonna expand up to 33 52 33 65.

I don't know if we'll have any legs to
get past that initially here, but that's,

I think that's, we're probably going to
see a reaction to them, the number and the

reason why I believe that as we came down,
we just took out this low and maybe just

enough because of the conditions we have
in a dollar being held in consolidation.

Uh, here's midnight, New York, your
movement is all been straight down.

That's about 40 pips down.

It's about the classic, uh,
extreme end of the range.

You would want the, to
see that was the response.

Now again, I don't know
what the numbers are.

I could care less.

Watch this one here.

This is the one we're looking at.

We'll check dollar real quick.

Still nothing on dollar cable soft.

I'm sorry.

I'm not doing anything.

Cable.

Watch this level right there.

32 90 to 32 95.

We've already seen the market
come down here and clear.

These stops out market came back and took
out two levels of a near term resistance.

In other words, we cleared out,
stopped about this high here and

this smaller short term area here.

The shift market structure, bullish
everything here is slanted for a

run up into this area up in here.

And again, they didn't get the load
that Logan, and that's another thing

that you're learning by seeing us
with the dollar being sideways.

You don't get a lot of that click or
definitive price action, where you can

see where the price should go right
to that level and expect the response.

It's.

It's nice.

Even having a hard time on a high-impact
release, just to take out a loan.

And that's what I'm trying to.

That's the framework.

If you ended up trading in, when the
conditions are not high probability,

because of the dollar being in
an area where it doesn't have a

liquidity void, it didn't run a
recent stop, low or a stop high.

It doesn't give you those clear
parameters to work within.

So when you see these conditions,
you can go back to bed, but I'm not

doing it that I want you to see the
results of what I'm describing here.

And if it can go up and still hit
that area, does it have to give you,

I have to give you a move every day.

Otherwise my ego won't rest.

And another reason why you want to
have your charts set up like this.

And we'll, we'll have more things in terms
of, uh, tools, not indicators, but tools.

And it's all based on time and price.

We'll slowly incorporate age and range
and all that business, but it's not

necessary today because emissions
are not favorable for all those

factors for the given conditions.

But the, you want to have your
beginning marker at midnight.

And again, you should all be using
the Forex LTD demo account that we

were all looking at the same thing.

And you have to have your 1900
delineations for the true day.

So the daily range is going to be
formed between these two vertical lines.

We already seen the market drop down.

So the expectation is the daily range.

We'll have some movement up.

There's nothing on the upside from, uh,
opening it, New York here at midnight

and a small little minor, little
up move here, nothing considerable

didn't even run a stoplight over here.

This, these short-term high still
impacted that run that, and we just

barely went one PIP below this low here.

So look how mute this is in any other
day when the dollar had an exposed

range, or if it had ran out a recent
stock cable, we've been all over

the place on a high impact news.

I mean, this is the king
of volatility in London.

I mean, this, this pair is the animal.

So because we have very, um, lackluster
response on a high-impact news event,

this is what you ended up getting
when you trade in these conditions.

And sometimes you'll miss setups.

Like we were looking for a low
down here that's when you'll see.

Well, I was expecting this
order block to happen, but it

didn't come down here, though.

There you go.

Reasons why is because we still
have $8 based consolidation

nothing's happening in dollar.

We're still sitting in the mud with no
clear indication where it wants to go.

And again, it may be on the heels.

Well, now he goes, but it's probably
just because it's the precursor to

the effects that drug he's going
to have when he starts talking.

And about 25 minutes,

the main thing is, is I
want you to understand it.

We were looking for response down in
here with ultimately the expansion to

occur to take us up into this area.

Here

would have been much, much more fun
to see at least hit that because we

have all the context behind this.

Over here with Dave, took the lows
out here, very sharp response, and

it came down just to recapitalize and
water block and then send it higher.

And for context, and for learning, hadn't
done that I wouldn't want long, long live.

And if it stats one more time
that it does it, I'll still do it.

I still really want to do it.

Hit that level.

I would went long.

I would took first profit off
at 33 55 pips below the low of

this bearish shoulder block.

So I want to get out
before the actual order.

I expect to see, come into
play in the resistance level.

I want to get out before.

At least first profit.

And then let this, let me see if it
has any legs to go higher, because

ultimately we could be saying, um,
the later in the day, the New York

session, after Javi speaks, he may say
something allows the market to escape

his consolidation and they expand higher.

And when this could be the low that day
down here, and then when you expect to

see time and price, uh, unfolding and
see a higher close, but because we in

a holding pattern for dollar and still
even with Kimball, uh, the upside is now

at least for right now, it's limited.

So when we combine these understandings
that we're talking about today, and

then refer back to when there are
elements in London, setups that have

a void, there will be very, more,
very distinct, very clean range as the

trading or distinct liquidity pools.

When that is occurring in dollar
and the currency of your focus for

the London or New York session, the
trading will be very symmetrical.

The price action will be very symmetrical.

You'll get very distinct responses
that are very easy to anticipate.

And when you don't have
that, you don't want to eat.

Certainly don't want to be
trading as a new trader because

you're not going to get the.

Clarity that you would have in an
otherwise symmetrical market where

the conditions of the dollar and the
period you're focusing on trading,

they have to have opposite setups
that are very clear and distinct.

If they don't, you need to
stay on the sidelines and

just practice in a demo camp.

Don't take live trades in that
environment because the probabilities

are so in your favor and there's
conditions like we're describing today.

So this is, I mean, some of you
probably are thinking, this is bogus.

I wanted to see a loan bombshell.

And that's great.

So your why, but you're actually
going to learn more from this because

lastly, I already showed you precision
right before the fact that's not

necessarily happen every single time.

You're going to learn more about
keeping your money in your account.

I understand these environments
because you won't force a trade.

You won't get so frustrated
and say, screw it.

I'm getting in here.

I just got to do something.

This is a waste of my time.

Even if I take a loss,
at least I did something.

You don't want a loss, but
you want to take action.

Don't don't do that.

You have to put money at
risk for a real reason.

And it has to have a payout
that has a high probability.

Otherwise you why you're
risking your mind.

Just take it to the casino.

Yeah.

His candle flips.

And takes out the short-term high.

It should expand up through
the stops here at minimum.

Take out the near, uh,
near term European high.

So far a nice little
response off of Aussie.

Not much, but that's something that study.

It's good dollar.

Cat's still holding consolidation.

That's good.

This might set up a run for
that stop run here in New York.

If we get some kind of a release
in the dollar post jogging.

All right.

Look for expansion.

The last, the response rate
above the short-term high.

Okay.

Right now, liquidity is
resting just above this.

Short-term.

We get out there and we're going
to see how much strength it has

once it gets through this high.

Does it want to expand or
is it going to drop back?

If it drops back immediately, the
stops above here are safe and they're

gonna want to run a little bit lower
than this green area here personally.

I think there's only one.

They stopped here and that's
going to inject liquidity sending,

I think that 1 33 51 33 55.

And again, just because it's moving
what we're saying, um, it does

not mean it's high probability.

It just means that this is
the most likely outcome.

High probability would have been coming
down into this low right here, 1 30, 2 91.

It would hit that that's high
probability just because it's

going where we're calling it.

It does not mean high probability.

You'll see that the tools will give you
the ability to read price, but don't take

that as an invitation to get in the market
every day in every session you believe me,

I already know some of you are thinking,
man, I'm going to take this information.

I'm trading London and New
York and Asia every single day.

And I'm quitting my job next month.

I don't don't lose sight that
this is still something that

you have to gradually grow into.

Don't rush it.

Did you actually hurt yourself doing that?

Consistency comes with the experience
of knowing what it's like to be

in unfavorable conditions, even
when the trade ideas pan out in

your favor of your, uh, foresight.

If it doesn't have the context
of high probability, don't

put live funds behind it.

Don't do it.

Believe me you'll thank me for this
one, because it you'll remember

it when you don't listen to it.

And you say, man, I had all those
things there and I still pushed it.

Then you have to learn from that
because I won't be there to know you

did that, unless you told me I didn't
email, we can do all that stuff by just

understanding what I'm sharing here
today, because of the holding pattern

that the dollars in it makes difficult
price action, um, reading for any

session, you know, not just loving, it
could be the same thing for New York.

I said, I look at this, we've
already been 12 minutes past the

high impact news release high impact.

Okay.

And there was other two other medium
impact news events for cable still

in the middle of the range that's
already established for today.

The range for today is

33 41 and 33 31.

So not much of a range.

I'm sorry, 1 33, even.

What am I saying?

Uh, the lowest, uh, 33 big
figure and sorry, 3 4141.

Pips is a daily rain so far, and
that's nothing for Kayla, especially

after a high impact release.

And in London, they're all, it's
still there waiting for jogging,

but liquidity still rests
just above this high.

And if it does that, it'll probably want
to reach for the stops above here as well.

We've already tried to
get below this low here.

It doesn't mean it can't do it later, but
we've already reached for the liquidity

here and there's been no real willingness
to expand much lower than that.

So then the liquidity at rest
in the marketplace, contrary

to this side of the market.

In other words, above us is above
the near term short term high, or

the intraday high that spawn today.

And yesterday's high.

You don't go.

Can I say dollar looks like it wants
us sell off a little bit in here.

Liquidity registering Jessica 95 0 6.

It runs out.

That'll give us enough money to
run the high on keto for today.

33 41.

Now think about how much price moved
and how much babysitting moved on.

No, I haven't been paying attention to the
question, but I'm going to ask now, does

this seem like an efficient way of using
your time in the market for live trading?

No, it's not.

It's like watching paint dry.

Okay.

So

as we go months into this
mentorship, there's going to be

times when I will indicate that
London will have low probability.

When I say that this is what it means.

It's going to be like a snail's crawl.

It's going to be very
lackluster price action.

You can trade a demo account.

You can practice in this environment
to get yourself used to why you

don't want to be trading in it.

Certainly when you have the
characteristics ahead of it, you

know, I just don't want to be
trading that there's not enough

imbalance in the price right now.

There has to be a very distinct
imbalance where price is now.

And we're just recently came from, we're
still in the middle of a consolidation.

It's an iffy condition.

It can go either way and you don't
want to trade in the condition

where you can go either way.

You want it slanted, where you can
clearly see where they're going to want

to run liquidity above us or below us.

And we, we don't have that
here on a micro scale.

I'm telling you that it's well above
these highs, but if you'd come down

here deeper first and then do that,
it's too much of a, uh, a crap shoot.

Um, so it's, it's more efficient than
we used to do while you're learning.

And that's good, but as far as trading,
which is what everybody wants to do,

y'all want to get in there and just put
money down and get paid for your time.

But it's not always like that,
but you are getting something

that's worth more than money.

You're getting the experience because
without experience you're there, you're

going to have difficulty making money.

If I could go back in time, If I
would have had someone sit down

with me like this and explain why
the conditions are less favorable

and why they're less favorable than
other times, I could have avoided a

lot of pain and a lot of lost money.

I think if books or courses or
teachers would spend more time on

this, it's easy to find ways that
by herself, that's the easy part.

The hard part is knowing
why you should be doing it.

And when not to do it all together,

this lesson I'm showing it today.

And it ain't going to be
the only time you'll see it.

There'll be plenty, more
opportunities for this to occur.

Uh, but this lesson was the
longest one for me to learn.

And it was the most expensive
one for me to learn too.

The policies he just
wants to trade breakers.

Is it about strategy?

Yes.

Trade breaker to breaker or order block
to order block, or you basically get to

know those four institutional reference
points, fair value, liquidity pool void.

And th uh, the equilibrium.

If you understand, there's
four, you'll know how to trade

every market environment.

Any given time, you'll sit down in front
of the chart and know what, in five

minutes, if there's an opportunity or if
it's not, it's simple, it's very easy.

It's not easy.

Getting to that understand.

But when you understand those four
reference points on a institutional

order flow, as I teach it, you won't
spend very much time discerning

whether or not you want to be a
buyer, so, or stay on the sidelines.

And that's, that's
efficient market analysis.

You're not spending a whole lot of time
looking at stuff, trying to come up.

I mean, think about it.

You know, I don't like indicators, but
I guarantee you if we did a poll and

it was all private, uh, you probably
already went through 11 different

indicators watching this live session
to see if there was anything called

by yourself, because you're forcing
something, you need to know something.

And there's really nothing to know right
now, except for, to sit on your hands.

I appreciate your honesty.

I kind of hope a couple of people
were like, man, how'd, you know, I

guess I did all this stuff too, man.

I appreciate that, Adam.

It's more fun.

When we have environments, like
we had last week where we called

the low on the Canadian dollar, we
have symmetry in the marketplace.

It'll be a lot more.

You you'll have no problems
staying awake in London then.

All right, I'll give it five more
minutes and then I'm going to close it.

Okay.

Do you have to get something to eat?

I'm the type of guy.

If I don't eat, when I'm hungry,
then I lose my appetite and I

feel sick the rest of the day.

So,

so here we are hanging
around doing nothing.

I think we'll probably punch down there.

Now.

It might be waiting for five.

O'clock just to do that bite belt on
that low here, this is not distinct.

It's just like a double tap down
there, equal lows on an area.

And it looked like support and
it gave a nice little runaway.

So everybody that's intraday
long for stops going to be

inside this little green area

so they could take price
down into this candle here.

The open is.

32 89.

Yes.

It's 32 89 to 3,290.

If we get a spike down
through, you could hit that.

If joggy says the wrong thing
or the right thing, it depends

on how you want to look at it.

I can answer that at another time.

Tanner.

In fact, I have a session, uh, when
we start the, uh, higher degree

stuff later in later months, I'll
tell you the whole, whole storyline

Tanner asked me what led up to the
two guys that approached me about,

uh, learning the things I know what
was, what, what made them approach me.

Yes, Robert, Robert's asking
the news events or just that

you'd like to smoke screens.

That's why I call them
volatility, injections.

Um, they, they provide perfect cover for
domain the manipulation, because it's like

this before the algos went to completely
electronic, there's still opportunity

for them to maybe manipulate manually.

It's it's not as obvious
and common places.

It was say 15 to 20 years ago.

But now, um, if you look, if you
obviously, if you're a new student to

price action, it makes sense because you
don't have anything to compare it to.

But if you've been around for a
while, you've been in the retail

regurgitated stuff, um, it sounds
like tenfold hat stuff until you

really sit down and study it.

And then all of a sudden it becomes
crystal clear that it's all 100% rigged

and it's manipulated 99% of the time.

So you have 1% efficient
market trading time.

Okay.

And the rest of it's all smoke
and mirrors, anyone that puts

their nose to the charts with
that expectation of looking for

evidence of that, they'll find it.

They'll see it.

But if we were led to believe and
indoctrinated that it's a free

market and stop-loss is just happen
because, uh, you know, traders had

it wrong traders, don't get it wrong.

Okay.

The markets are manipulated.

So it makes perfect sense to
do their manipulation around

high impact news events.

That's why they created these things.

Why would they want to
give you these data points?

We'll think about it.

Why would they do that?

Just like bank reports.

Why do banks post bank reports?

Like they're going to help you out here.

Take some of our money.

We want you to do it.

It doesn't make any sense, but
we're we'll believe it will.

Will.

It makes perfect sense as a neophyte.

Hey, they want to look.

They're looking out for me.

You're looking out for
you so I can run you over.

So yes, the, the news events are actually
perfect cover for the manipulation

that takes place on a daily basis.

Um, you can only go back as far as
your, uh, data providers can go.

And when you go into these 15 minute
timeframes, like you're asking king it's

limited in scope of how far you can go.

There's still some human involvement.

Robert, when the elders are doing
certain things, um, but it's

primarily all just electronic,

uh, daily, uh, I'm being asked, how
long, how often do I check daily range?

I look at the daily range over the last
five days, but because of the conditions

we have right now, it's going to be rather
insignificant because it's, if we do get

a big movement, it's going to be nothing
for it to go above average daily range.

Um, for those days waking up and joining
us, they forgot to set their alarm clock.

Um, we've been outlining the potential
run 2 33 S I'm sorry, 1 30, 3 50.

Okay.

To as high as 1 30, 360 7, uh, we were
initially looking for that low and

green area for both your block retest
and the closing of the fair value gap,

which is what we've outlined here.

Small little liquidity void.

Um, we've came down below the, well
here two times and since not sharing any

willingness to go higher or lower, um,
as we approach two more minutes, when

draggy starts to Jawbone, we'll probably
get some kind of a knee jerk reaction,

Dan, clear up these lows, and then I want
to see a hit on that level right there.

I can get the show up.

There we go.

32 91.

So I was looking for that initially,
as we were coming down, I wanted them

to get along on that and get run up
to 33 30, 3 50, just for a London up.

I didn't have any kind of convictions
for extreme higher prices than that

because given the conditions in the
dollar, which is over here, we're

still in sideways consolidation.

Nothing's really moved and it's all based
on waiting to see what drug he says.

And here I was outline why this is not
a high probability environment because.

And because we don't have any exposed
ranges, new voids, no distinct

liquidity pools that we recently ran.

Uh, today we only had just a rollover.

Nothing happened post midnight
in New York now, because Draghi

is talking in another minute.

Um, even though we're looking for this
level here, the reason why it's not

high, probably conditions is because
he could say something, you know,

to justify the markets to do alone.

Okay.

And this would be a justification for
being long here, but what he says, the

algo will expand and run out the lows down
here, and then you'd walk away feeling

like, well, that didn't make any sense.

And the reason why is because there's
no real distinct symmetry between

the dollar presently where we're at,
we're in the middle of equilibrium,

there's no imbalances right now.

Everything is completely in the middle
of the range and cables the same way, the

low in the high end and more specifically
the most to, uh, significant reactions.

We have stopped around here and
we had stopped run down here.

So the overall range is between this low
here and the high here, we're right in

the middle of the range or in equilibrium.

So it's a pot shot, you
know, and you don't know.

It's easy to trade.

Like we had last week where the ranges
were very distinct with voids, the trade

entail, and it can be seen on both the
dollar and the foreign currency pairs.

And I don't want to be short cable.

Okay.

So what's this level.

I'm gonna drive down into it here.

Why would I expect it to bounce
here and why it is order block?

We have a consolidation in here and
the consolidation had expansion.

That's the expansion then from
the expansion we had reversal.

That's what this is.

Okay.

Par price went back to consolidation
and expansion consolidation expansion.

Now we're in a larger
consolidation and watch that level.

We've already had a stock
run down here with the market

and consolidation like that.

And here we go.

Ready to hear in the order
of block is down here

and see what dollar's doing.

Not much.

Okay.

So we moved into the order book here.

95, 25.

Uh, the question is, is, is,
is it significant that it went

through middle of this older block?

Not when it's a speech.

If someone's talking, if it's a
number, then it's very significant, but

when it's a speech, it's not so much
because there's always going to be an

exaggeration to whatever they say or
whatever there might say, which is the

reason why speeches are a little bit
trickier than just a hard data number.

Yes.

I'll trade I'll trade speed stays.

Especially if we have the conditions
that we had last week is if there's

exposed voids and a very distinct
pockets of liquidity where you're at, I

believe that market will reach for it.

Doesn't matter what they're going to say.

There's, they're gonna say
whatever they're gonna say, and

the market's going to do what it's
going to do to go to the liquidity.

My, my trust is more in the fact that
the market's going to move to where

the orders are and where the money is.

And whatever they're saying
is going to have nothing to do

with what you see in the chart.

It's just, they only talk about it when
it makes sense and fits their agenda.

When it doesn't have to say, well,
the market discounted the news.

Yeah.

That's not how it work.

Okay.

So we expanded down okay.

Into the bearish candle right in here.

Uh, swept it.

Nice little rejection so far.

So these equal loads in here,
and this load here was wiped out.

Just really not wanting
to do anything yet.

You're a dollar it's like sleeping.

What I'm thinking out loud
now is we have nothing ahead

for New York in terms of news.

Okay.

And let's play devil's advocate for
a moment and say, uh, this is one of

those days where we don't get much of
a run up for Judah to swing and saber

marking, uh, a down day U S CAD indicates
it could kind of say sweep hired.

That means it's going to be more
evidence for bullish dollar.

We're saying a willingness to
initially the one that would go up,

nothing significantly strong here.

You're a doll is nothing it's
sitting dead metal pound dollar.

Uh, we have a little bit more
range down here for this, uh,

little shorter block here.

If we would have had a little bit more
of an exposed range in here, and we

would rallied, that would be a good
scenario for a practice on a short to

get down to this or a block here, but
there's nothing in here that would

want to make me feel like doing that.

So, um, I'm still torn between the two,

um, yours and help sideways.

And we have a little bit of movement
on a downside for cable intraday.

You're a pound should
see some movement up.

Yeah, sure.

You're a doc on your apparent rather.

Yes.

John asks is this, should we expect
the days like this before high impact

events, especially if you don't see any
ranges or any like liquidity voids where

the market's got ranges to close in up
above or below the marketplace then?

Yeah, you'll see these
sideways consolidate market.

Mom, I'm not using the
breaker from yesterday.

The swept at Lowe's because
it's already been used here.

I mentioned that earlier in this
recording, if you just got here,

you'll, you'll hear it earlier.

I see a lot of, uh, I see a lot of your
comments and you're, you're admitting

you're having struggle with why I
pick certain or block over there.

That's the part of the mentorship
that you are paying for?

I give examples of why I'm selecting them.

Going overboard in terms of describing
why I'm selecting one over another,

and there's going to be a framework
that's given to you and notes that

we all understand what I go to.

What's my procedure.

So you're not going to
get in the first time.

You're not going to get
it in the first month.

And you've got to spend
time doing it with me.

Then it makes sense.

Yes.

It takes a lot of work to learn it.

And that's why I say it's expensive.

Not because it's not 50 bucks, cause
that's not a lot of money, but expensive

and your time, because you need to spend
time in front of the charts doing it.

Any of the things I'm saying to you
as we were describing how the lows

were left intact, and that we would
expand lower and potentially down

into that were blocked over here.

The idea is when I'm not doing it with
you, you need to be thinking out loud,

like I'm doing, asking yourself, are we
looking for stops below the marketplace?

Are we looking for stops
above the marketplace?

So far we've only probed the, the lower
end we took out this low here, swept it.

And we did it right at the announcement
of a high impact news event for

Euro dollar, which is dropping.

And we swept it with no,
uh, no immediate followup.

And we have this really nice
price structure over here that

had already stopped running
below, and then a rejection.

I would not study foreign currencies
without having the input of the dollar

because the dollar will give me the basis
of whether or not you're going to have

hypomobility or big range expansions.

And then you're basically relying
like we're doing today on just

the technicals alone on cable.

And while we're talking about it
and calling the new micro levels,

it's reaching for, it's not
moving enough to warrant dollar.

That's a good question.

Um, do, since we're in the middle of, uh,
well, we're going to consolidation near

a nice little potential reversal area.

Okay.

Imagine this being, um, the early
stages of a, I can make it by profile.

You have consolidation here.

We dropped down return to the
consolidation, sell off redistribution,

smart, my reversal, low risk by expansion,
and we're probably entering another

area of re accumulation or buying.

And we would see the market want
to reach up in this area here and

potentially clear out this way.

You don't see it so much
when you're zoomed in, but

that's what I'm, that's
what I'm looking at.

The justification for this is
already priced in a reversal and

we're coming back to that in a
little deeper than I like to see.

And it doesn't have much of an exposure
range either, but we do have the Meijer

framework of the structure pretty
and broken over here and retracement.

So we have a lot of
support in this area here.

And that Orbach is basically the
means threshold or middle equilibrium

of the high to low, essentially.

So probability falls off, in my
opinion, if it goes down to that

level, I don't see that as a buy.

I see that as a downside target.

So if bears are in force right now,
they're going to want to try to get down

to that 30 to 70, but, uh, bulls are
looking for this area here to be long in.

And that's why we're
focusing primarily on that.

They look for the upside 33 50 to
33 67 for the daily range, because

liquid he's arresting above the
initial high here with no, no, right?

No runs on a bike stops at all.

If I had taken the long,
hang on one second.

If I had taken the pound long
trade, would you collapse it now?

Because it should have moved
away quickly after the stock run.

And it, hasn't why I wouldn't have
taken the trade off today because

of the conditions we've outlined.

That's why, that's what I'm
hoping you take away from today.

I'm giving you the reasons why this
is not high probability and we've

seen indications of it all morning
since we started talking about it.

Um, but let's just say, for instance,
say that we didn't have the framework

that we went into with that.

It was not a high probability
condition today because of the

consolidation we've seen in the dollar.

There's no imbalance in price at all.

Okay.

We're just now seeing the early stages
of imbalance now on a micro scale.

And today the market's moving away and in
a distinct direction, that's what we need

as traders going into London and New York.

We don't want to do trading
when it's in consolidation.

So let's just say, for instance,
the market was in a more favorable

or high probability condition.

In other words, the dollar wasn't
in the middle of its range.

Cable's not in the middle of its
range and we have very clear,

distinct ranges above or below us.

So we can trade for if I went long
here, I would not be happy about where

it's at and I would either take half of
this run off or move to the sidelines.

But the takeaway from today is I
want you to see that while yes,

the market traded down into a
range that we were looking for.

And I can't remember what we
looked for in terms of the low end.

Uh, 32 80.

Yeah, 32, 83 to 85.

Uh, we spiked down into
it with a low of 32 81.

It looks, looks good.

I like this set up more for the
expansion on the dollar CAD.

I think that's going to
be the play for New York.

Uh, we've consolidated.

Um, sorry.

We consolidated, like I was
expecting us to do or bull flagging.

If you want look at
classic sharper patterns.

Uh, we're both lagging just below
of short-term high with stops

resting there and there's biostats.

We noted last week, still in play.

So this could be a windup
for them to expand it.

To New York, which would indicate further
bullishness on dollar, which is what

we're seeing in here early evidence
of and pound may come down all the end

of this bullish or block right here.

So again, that's the reason why we're
on the sidelines and saying there's

not real high, high probability
there before all this happened.

There was framework to justify both
sides and marketplace, which is a

reason why there was no action taken.

I'd rather it stay in its consolidation.

I don't want it to run before New
York, if it does, and it's not

going to run for that second one.

I don't think, I think it's
waiting for the, uh, north American

open and I'll drive it up there.

All right.

We have two points of liquidity below us.

If stops below the short term
while and bullish or blocking

here, if it hits this, this is the
last line of defense for buyers.

If there's no response at 32
69 to 32 75 to 30 to 70, we

don't get any buy from there.

We're making lower lows post, uh,
um, what was seen on September 9th?

No, Simon, I would not
take a trade right now

as early as seven o'clock in
the morning, New York time.

It's that's the next time of when I'd
be allowed, based on our rules to do it?

No, there will be.

Sometimes you'd probably in
the next couple of months.

You'll probably see me take a trade 10
minutes to seven, something like that.

If it hits a distinct area
of liquidity that I'm aiming.

And it just happened to me
a couple of minutes before

seven o'clock that may occur.

But generally I'm, I am waiting
till seven o'clock, New York time

as the next, uh, filter for time

32 hours, no sleep.

It's starting to hit me now.

I'm feeling it now, your
dollars still sitting.

Uh, I would lie if I said I only
take trades and kills zones, um,

because sometimes I have limit
orders in which I've been doing

to myself in recent months.

Um, sometimes the limit orders will
get hit outside the kill zone, and

I don't have any control over that,
especially if I have it set and I'm

letting the market take me in, then
it, sometimes it will be just outside

of the kill zone and that's okay.

Sometimes it kills it and
just high probability.

It doesn't mean there's never
going to be a set-up that occurs

outside of those time windows.

It just means that the highest probability
for the south to form you'll learn over

time that it's between those time windows.

And it's a good idea to
stay in those parameters.

Don't, don't take that as an
invitation to trade outside the

Kilz because sometimes I've done it.

Because when you do, you're
trading it with less profitability,

do economic events affect a
time range that I trade in?

Yes.

That's the basis of what we do in London.

And in New York, we're looking
for injections about tilting.

So we can anticipate manipulation.

If we anticipate manipulation, we'll
know exactly what they're going to do

and reaching for liquidity in the form
of the stock or reaching for fair value.

The only two things that can occur with
a liquidity injection is either going to

induce new buying and selling, or it's
going to recapitalize an old position that

they've already established and saying,
it's going to come by way of either

running stops or going to an order block.

Uh, Peter, yeah, he's asking is
equilibrium also a form of fair value.

It is, but it has its own
distinct characteristics.

And you'll learn that this month as well.

So equilibrium is equilibrium
is a distinct price level.

It's not like a range or a
zone or anything like that.

It's a distinct price.

Fair value is treated like a void.

So you have grades of how
far I can go in into that.

You're going to learn that in this
month, teachings fair value, equilibrium

to discount equilibrium to premium.

If you, if you kept notes
actually gave a, a rundown, the

actual lessons for this month,

they were already, they were
already included in, um, the

videos shown, uh, this this month.

I think it's the, uh, the
setup, the setups or something.

It's the video I did with,
uh, Tony, how to get the empty

for demo Canada we're using,

is it the only month you're
getting nine teaching videos?

And the only thing that makes it
nine was the initial one to get

everybody looking at the same data.

Otherwise the million emails I get a
day, well, my candle looks like this.

Of course, it's gone.

It's gone.

It's a different data
provider to the we, all that.

We look at the same point of reference,
and then you're going to blend what you

see in this, in your own life platform.

I can see it in bearish.

You're a dollar toward the low one 12.

What are your thoughts?

I don't have an opinion on your dollar.

It's neutral.

Um, I would love to have seen it
drop down here and in this void.

That's what I would love to
see happen too, but it's not

wanting to move right now.

Well, you get in two days worth,
I didn't really give you a session

yesterday cause I had to take, so
you're getting a double one today.

You all have the, the ability
to trade better than I do.

And that's actually my goal.

You have all the, uh, the
advantages that I didn't have.

And if you'd learn from the
things that hurt me and I know

that are weaknesses on my part.

If you listen to me and trust
me, you could easily avoid all

the things that I messed up on.

And that's what you'll hopefully
get from this mentorship.

Not just learn how to trade
better, but you will avoid

all those things that I like.

Man, so much money, so much money,

uh, that I don't know how to answer.

How much of the group is going to
be profitable, because it should

be a direct default because of the
things that you're going to learn,

how much in terms of profitability,
that's all determined on how much

depression applies, what they learned.

You're all going to get this.

You're all going to get different
results because we're all going

to be doing something different.

You're not going to trust everything
I say, you're going to second.

Guess everything that I
tell you, you should do.

You're going to wait for confirmation.

You're going to not give the trade.

You're not going to put your
stop where I say it should be.

You're going to take profit
before I say you should do it.

So you're all going to
have different results.

So to answer your question, it's
no way for me to give a fair, this

we're all going to have outcomes.

That's completely different.

Uh, there's a lot of Eureka moments and
being asked if there was, if it was a

gradual thing and yes, it was a gradual.

It was in my opinion, every play to more,
I wish would have been a lot sooner.

And I had to learn a
lot of painful lessons.

Like we're learning today.

Okay, now dollar's releasing

dollar.

Cat's still holding off.

It's good, but I don't want
to see dollar run too much.

It gets too far ahead, then it
won't give us the New York set up.

I'd like to see for us CAD.

I see U cat up here by 10
o'clock in the morning.

New York,

the dollar still looks nice.

It's bucking the dollar strength.

Excuse me, guys.

Um,

yeah, it'll be interesting to see what
happens when we hit this level here

might be seeing dollar rally just
enough to get the dark down the cable.

I'm sorry.

Rather, we might be seeing dollar
rally just enough to drive a

cable down into this level here
and expand European higher.

There's nothing really in here
that I could see either in

regards to, um, An older block.

It's all really nicely traded,
very efficiently traded that

we have equal highs up here.

Do we have enough momentum
to get up to that level?

I don't know.

That's a little bit stretch.

I see.

Hmm.

What do you see?

Their equal highs up here?

I stopped on your pound.

You're a dollar sideways,

the reverse of European buy stocks
in the form of cable cell stops.

So is that what we're going
to see a run on today?

I don't know,

given what we're saying here,
it looks like it may happen.

Especially if we see dollar stay
in its range in that same strong

direction, the trade will pan out
and your pound using your dollar

sideways and letting cable drift lower.

So children, this is what I see
going into New York, so I can go

to bed and you guys can end this.

Portion of the presentation.

If we see

delicate hold onto its consolidation
like here, that means we're probably

going to see it trade up into
1 30, 1 52 spiking the 1 31 55.

And we'll see if we're going
to have any legs about that.

Your dollar should stay
sideways, pound dollar.

We'll probably want to run these loads.

Now, the reason why I like to say
that is because we have European with

stops above equal highs, no definitive
bare shoulder block or void filling.

It's been really consistently traded.

Um, the only reference point
above us is the breaker here.

It took the stops here.

So if we get above, okay,

84, 65, we're going to look for around.

They'll put it above these two
equal highs and that would drive

cable below these lows here.

If we dropped down to this level here
and we get a buy, if it trades back up

through, look for this older block to
get recapitalized, that's a potential

scenario for a New York, otherwise.

If this level gets up to ghost,
we're going to reach for these stops

and it still is low probability.

So it's not a live trade invitation.

Just use those levels to practice in.

And I think that's about it.

Um, dollar, I'm sorry, I'll say dollar.

Uh, we've already outlined that earlier
in the video way earlier in a video.

Um, if we get above this high,
um, and we trade above it and

came back, come back down.

Doesn't have to happen today.

Probably won't happen today.

In fact, um, this would
be a bullish breaker.

I'm sorry.

No, I'm saying that wrong.

We were saying that if we took out
this low and then traded through it,

didn't use it as a bullish breaker.

Uh, if we trade through it, now it's
a break in market structure and then

we have to come back and find a little
Orbach after it takes out this level.

So that's what we'll be looking for.

Um, this could still roll through and
in that scenario, make me pan out.

Uh, we didn't really break any
significance on the downside here.

It didn't even break that level.

So they've kept those sell stocks
below the marketplace intact.

So they might be just
seeing it run up into

75, 40, 75, 45.

If it hits that and sells off,
we'll run the staff's on 74 90.

that's all right.

Well, hopefully, uh, hopefully
you got something out of it.

Main thing is understanding what we've
been teaching the last week and a

half, since it goes along with the high
probability video on the YouTube channel.

And that's interest in the free members
area is still a market symmetry.

So if the market doesn't give you
sanitary, then you're likely to sit

in the mud and have conditions that
are just not going to be favorable.

And it makes it almost
like a guessing game.

And for those who've been with the
mentorship and unlike the ones that

just signed up, uh, you don't have the
benefit of having been a part of the

live sessions last week, where the market
was in a very symmetrical condition

where it was very efficient for us to
be able to call specific moves, right.

To the point of entry and where they
was going to go to right to the PIP.

Contrast that with now.

Okay.

If we would have started a mentorship with
this environment, you probably would have

been like, well, this doesn't feel good.

I don't feel good.

I don't think it's a good purchase.

So now you have the other side of the
spectrum and we're going to have this

back and forth over the next 12 months.

Okay.

So you got to learn to judge only
conditions where it's going to

be highly favorable for us to be.

And then there's gonna be other
times where it's still something to

be watching, but it's not something
to be taken a lot of trading and

you'll be able to know what I mean.

When I say it's low probability,
you knew exactly what I mean.

Don't take any trades.

And when I say high probability,
you do what you want to do with your

own money and I'll leave it at that.

So I'm going to wish you a
very good day pleasant day.

I'm going to get some sleep, hopefully.

Um, if I can get my wife to wake me
up, because I probably won't wake

up on one, o'clock on this one.

If I can get her to wake me up
around seven o'clock, I'll touch

base with you again, to see where we
are in regards to what we just said

regarding all the, uh, the pairs.

So long session today, you get a two
for one, since I didn't get a chance

to do anything with you, uh, yesterday
and going forward again, you know,

our aim is really just to be more
concise about what we're looking for,

but today's conditions really good.

Last lesson, really good opportunity
to teach in this environment, because

if you learn how to trade or lack of
taking trades in this environment, you'll

save yourself a lot of aggravation.

So that guys, I wish you
good luck and good trading,

always sticking around
for those after credits.