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Good morning folks.
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How are you?
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Okay.
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Obviously today we have.
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Canadian employment and employment
rate at eight 30 couple minutes from
6
00:00:33,135 --> 00:00:44,055
now, we do have some issues with the
FLMC, um, speaking in your Euro group
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meetings, which has caused some concern
for the, uh, the London session.
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Um, it was rather muted.
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The four 30, I was waiting for a
little bit more movement based on
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00:00:57,370 --> 00:00:59,910
the, uh, the goods trade bounds.
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And, uh, not so much the construction
or consumer as gave you some levels
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to watch in case we hit those
last night, uh, nothing really
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came to fruition off of that.
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So our focus really is going to just
be on Canadian dollar and the effects
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of the release at eight 30 massage.
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Well, we'll study the manipulation
that takes place in that pair.
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Let's go over to and
we won't be here long.
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It'll be a short session today.
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00:01:32,360 --> 00:01:34,010
Um, let's see here.
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Alright.
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I think we're gonna probably
depend upon what we see.
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With this level and here, I'm going
to get this struck up here maybe,
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or blocked this sitting right here.
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Okay.
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00:02:04,110 --> 00:02:07,140
And I think we're at least going
to try to go down and hit it.
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00:02:08,430 --> 00:02:13,050
Um, I personally think we're going
to go through it is much as I
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don't want to be a seller of cable.
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Um, I think we're probably gonna.
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Run through this order block.
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Um, I don't know if we're
going to have enough steam to
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get through this over here.
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I think we'll probably come
down here and stab through that.
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Um, I've got a couple more minutes.
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I can look at cat in a second.
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The, uh, Euro ran the stats
we were referring to the
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other day, a small little.
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Moving up.
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I think we're probably going to
much in the same way with the cable.
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00:02:52,140 --> 00:02:54,540
We're probably going to want
to look to close in that range.
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00:02:55,170 --> 00:02:59,790
And the reason why I'm thinking that is
the dollar has its liquidity void up here.
41
00:03:00,660 --> 00:03:02,250
And we'll probably see
that when I close closing.
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So forget the Wicker over here.
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We could see it run is.
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Low is this on the upside
rather than me fix it
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00:03:23,935 --> 00:03:26,005
so we could see it run to 95 50.
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And if it wants to go a little bit
more, it can come up into, okay.
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95 67, 9 5 59, 5 6.
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Dollar.
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If we get any kind of movement
this morning on the heels of the
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Canadian unemployment numbers
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00:03:50,250 --> 00:03:50,790
Aussie,
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now that, uh, 77 25 liquidity makes a
whole lot more sense now, doesn't it.
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00:04:06,644 --> 00:04:13,095
So we'll be teaching, um, with this
model here in one of your session, uh,
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00:04:13,125 --> 00:04:17,945
teachings for September to have a whole
lot of information about this and why
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00:04:17,954 --> 00:04:26,205
it did what it did here and New Zealand
dollar also, um, trading software as well,
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coming down here, closing it.
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It's.
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All the way down here.
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So whenever you see these exposed
areas like that, just think
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of that as the market is going
to want to come back to that.
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Eventually it doesn't have to happen
right away, but eventually they'll
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want, they'll want to come back
and close those types of events.
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00:04:51,390 --> 00:04:53,520
And so take a look at CAD,
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00:04:57,640 --> 00:04:57,770
right?
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00:04:57,780 --> 00:05:00,120
So we have all our notations
from the other day, we're
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going to remove all this now.
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00:05:32,925 --> 00:05:33,135
Okay.
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About five minutes until
the numbers release.
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00:05:40,765 --> 00:05:42,865
Again, we don't care what the numbers are.
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00:05:42,895 --> 00:05:47,965
I don't care what the, the
actual, uh, determination is or
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00:05:48,115 --> 00:05:49,675
what their expectations were.
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00:05:49,735 --> 00:05:53,485
Dovish, bearish, or bullish
bearish for the currency.
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00:05:53,485 --> 00:05:54,505
That doesn't matter to me.
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00:05:54,955 --> 00:05:57,385
I'm just looking for the
volatility that comes after.
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00:05:58,410 --> 00:06:01,500
The numbers hit the market, and
then I'm going to see where the
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00:06:01,500 --> 00:06:03,420
markets run for the liquidity.
77
00:06:03,960 --> 00:06:05,850
And that determine if there's
an opportunity or not.
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00:06:12,700 --> 00:06:18,660
So what I'm looking at here is,
uh, we have to two candles here
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00:06:19,110 --> 00:06:20,220
prior to the down move here.
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00:06:20,220 --> 00:06:23,880
Now you can refine it into this
level here, but initially I'm
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00:06:23,880 --> 00:06:24,930
going to watch and see what we see.
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00:06:26,010 --> 00:06:29,760
When we hit this, uh, 1 30, 15
level, should we hit it at all?
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Really?
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00:06:30,960 --> 00:06:33,960
But, uh, I think that we're going
to probably snap up there on the
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00:06:33,960 --> 00:06:41,530
release and then maybe we'll see
some kind of a pull back for our
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00:06:44,530 --> 00:06:47,620
small little bearish water block
right in here, which you probably
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00:06:47,620 --> 00:06:51,550
noticed on the daily, in here as well.
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00:06:52,570 --> 00:06:53,940
I'm going to pull it up and refine it.
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00:06:57,545 --> 00:06:59,345
So we have this level of the watch.
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00:07:06,025 --> 00:07:11,455
And when your sister tiny little bit of
a, uh, wick, like it is here, I'll use the
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00:07:11,455 --> 00:07:16,285
low, but if it's a little bit more of a
WIC and there's a lot of body, I'll go to
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the body, you'll get rules about that too.
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00:07:20,785 --> 00:07:25,530
What I'm thinking when I look
at individual conditions, And
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00:07:25,530 --> 00:07:27,660
more importantly, we had the
range all the way up here.
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00:07:28,140 --> 00:07:29,760
Um, remember what is this?
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00:07:30,690 --> 00:07:31,469
What's this right here.
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00:07:34,469 --> 00:07:35,760
Oh, this little area right in here.
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What is this
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exactly?
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00:07:40,810 --> 00:07:41,620
Liquidity void.
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00:07:41,710 --> 00:07:44,740
So that means current
price actions down here.
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00:07:45,940 --> 00:07:46,390
Okay.
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00:07:46,870 --> 00:07:51,490
So will this want to draw a
price up into these lines?
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00:07:54,239 --> 00:07:54,870
Exactly.
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00:07:54,989 --> 00:07:55,500
Very good.
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00:07:57,479 --> 00:07:59,070
Now it doesn't happen right away.
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Don't think that has to happen.
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00:08:01,679 --> 00:08:01,919
Right.
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00:08:01,919 --> 00:08:03,299
When you're sitting in front
of the charts, you have
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00:08:03,299 --> 00:08:04,560
to have things to line up,
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00:08:08,010 --> 00:08:08,880
to support the idea.
112
00:08:08,880 --> 00:08:12,299
It's going to run there during the
session you're watching, but ultimately
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00:08:12,299 --> 00:08:13,710
these levels like to get filled in.
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00:08:13,979 --> 00:08:17,729
Like we see here, this one
here was a nice run-up.
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00:08:19,560 --> 00:08:20,580
I haven't heard about this one.
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00:08:20,640 --> 00:08:21,270
And then we get to focus.
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00:08:25,125 --> 00:08:26,685
So all this quick run-up here.
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00:08:29,025 --> 00:08:29,445
Okay.
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Got it.
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00:08:30,435 --> 00:08:31,035
Filled in
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00:08:34,815 --> 00:08:35,205
over here.
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00:08:35,595 --> 00:08:38,865
So while it ran up, it ultimately
came down and filled all that in
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00:08:39,284 --> 00:08:42,885
and look how much time is spent,
filling that in all these wicks and
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00:08:42,885 --> 00:08:49,875
by he spent a lot of time filling
all this and that same thing occurs.
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00:08:51,015 --> 00:08:54,495
Um, So we have that range
to consider up here.
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00:08:56,025 --> 00:09:00,334
So we'll be watching that and I don't
always have those the chart sometimes.
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00:09:00,334 --> 00:09:03,935
And I'll probably forget while we're
doing certain examples, uh, over the
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00:09:03,935 --> 00:09:07,954
next couple of months, but when I'm
referring to avoid, uh, outside, I'm
129
00:09:08,074 --> 00:09:12,334
looking at, I'm looking at how the market
will look to seek the liquidity within
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00:09:12,334 --> 00:09:17,735
those, uh, two price levels, defining
the range or the liquidity void here.
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00:09:18,694 --> 00:09:20,015
And I said, we're a minute
away from the world.
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00:09:21,285 --> 00:09:23,115
That's a good answer
at 15 minute timeframe.
133
00:09:23,715 --> 00:09:23,805
Okay.
134
00:09:36,775 --> 00:09:37,765
Let's go with 30 minutes.
135
00:09:41,035 --> 00:09:41,815
Yeah, it's much better.
136
00:09:46,405 --> 00:09:47,965
Uh, excuse me.
137
00:09:50,310 --> 00:09:52,290
A little bit of movement or blocking here.
138
00:09:53,100 --> 00:09:59,069
We have small little Boyd in
here so we could watch for, if
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00:09:59,069 --> 00:10:02,340
it drops down on the numbers,
140
00:10:06,330 --> 00:10:07,800
if it comes down to
here, it might hit that.
141
00:10:08,310 --> 00:10:12,080
And we'll see if there's a reaction there
and then run to one of these roadblocks
142
00:10:12,080 --> 00:10:13,800
or it runs up to the first one here.
143
00:10:14,130 --> 00:10:16,650
You want to see if they wants to expand
and look right here on the right.
144
00:10:17,830 --> 00:10:19,260
The reason why I picked this chart here.
145
00:10:19,710 --> 00:10:23,430
It's much more defined as a gap
right in there, right up here.
146
00:10:23,430 --> 00:10:25,470
So you want to focus there.
147
00:10:26,040 --> 00:10:26,130
Okay.
148
00:10:28,630 --> 00:10:32,140
Right in here, that's an
exposed little area right there.
149
00:10:33,280 --> 00:10:35,530
And you, you, you draw that out in time.
150
00:10:35,650 --> 00:10:38,580
As you look at the chart, you don't want
to clutter up, have too many things on.
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00:10:38,590 --> 00:10:39,820
You want to keep your charts real clean.
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00:10:42,090 --> 00:10:43,890
If we get a run up in, uh, in space.
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00:10:45,645 --> 00:10:47,805
I'm going to watch that
level with 30, 30, 70
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00:11:01,095 --> 00:11:04,485
so far lackluster, not much movement.
155
00:11:10,175 --> 00:11:10,775
Let's take a look.
156
00:11:13,574 --> 00:11:17,385
Now it still supports a
run on this range in here.
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00:11:20,415 --> 00:11:29,235
Yours is falling cable softer CAD still
looks like it wants to push through
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00:11:36,485 --> 00:11:38,585
well, I'm taking you
through on a daily basis.
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00:11:38,585 --> 00:11:41,285
Is that the build your experience?
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00:11:42,614 --> 00:11:45,795
Level with understanding what
the market will want to seek.
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00:11:46,545 --> 00:11:50,415
And because of repetition, you'll
see these things unfolding in
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your own mind before they happen.
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00:11:52,425 --> 00:11:55,665
And you'll, you'll find yourself
agreeing and sometimes not agreeing
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00:11:55,665 --> 00:12:00,314
with what I expect in the marketplace,
but your experience level, knowing what
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00:12:00,314 --> 00:12:08,535
to look for or what makes, um, a level
or a set-up of any interest that comes
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00:12:08,535 --> 00:12:09,915
by experience being in the charts.
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00:12:10,275 --> 00:12:11,244
So I'm forcing you.
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00:12:12,000 --> 00:12:15,569
To do the very thing that you've
probably been avoiding doing since he
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00:12:15,579 --> 00:12:17,630
first introduced yourself to my work.
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00:12:27,370 --> 00:12:27,849
Okay.
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00:12:27,880 --> 00:12:29,229
We should see expansion in here.
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00:12:29,229 --> 00:12:32,530
Now that means that the rain should get.
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has anyone been keeping
tabs on how many pips?
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00:12:50,670 --> 00:12:53,880
The, uh, the liquidity
studies have been producing.
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00:12:55,590 --> 00:12:56,970
They're not buys and sells now.
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They're this ranges where we anticipated.
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Exactly.
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00:13:01,965 --> 00:13:03,045
So that's what I'm trying to tell you.
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It's not, it's very fruitful to do this
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00:13:13,005 --> 00:13:16,365
and after she should be doing as well
every day when you're practicing and
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00:13:16,365 --> 00:13:20,085
you're, and you're looking for runs on
liquidity, that means we're running to
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00:13:20,175 --> 00:13:24,165
order blocks, running where the stops are,
are closing and ranges back to fair value.
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00:13:24,795 --> 00:13:27,645
When you're doing these studies,
you're going to log how much
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00:13:27,645 --> 00:13:29,235
of movement was available.
185
00:13:30,840 --> 00:13:34,350
And what timeframe you were monitoring
and what the idea was framed on.
186
00:13:34,350 --> 00:13:35,400
What timeframe was that?
187
00:13:35,610 --> 00:13:36,810
Was it a daily set up?
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00:13:36,810 --> 00:13:42,420
Was it a four hour, one hour or was
it in a small session timeframe like
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00:13:42,510 --> 00:13:44,490
a 15 minute timeframe or five minutes?
190
00:13:44,490 --> 00:13:48,210
They would be really limited just
to scope of trading a specific kills
191
00:13:48,210 --> 00:13:50,970
there, like a little London open
kill zone or a New York kill zone.
192
00:14:03,460 --> 00:14:06,100
No think about all that
open space right in here.
193
00:14:07,300 --> 00:14:11,170
Very little trading is happening in
here, but now combine that with all
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00:14:11,170 --> 00:14:13,180
this back and forth type of action.
195
00:14:16,545 --> 00:14:20,265
Think of it, like, uh, how many of
you ever painted your own house?
196
00:14:20,324 --> 00:14:23,115
Like say, say you took a paint
brush and you, and you painted your
197
00:14:23,115 --> 00:14:25,814
own bedroom or your living room or
something like that, or you ever
198
00:14:25,814 --> 00:14:27,194
paint something inside your house.
199
00:14:29,954 --> 00:14:34,425
So when you get the paintbrush inside
the paint and you start stroking across
200
00:14:34,425 --> 00:14:39,735
the wall and you're coding the wall
with the paint over time, unless you
201
00:14:39,735 --> 00:14:44,035
put more paint on the brush, there'll
be spaces where the paint didn't really.
202
00:14:45,105 --> 00:14:47,025
And you gonna have to come back
there and paint that over again.
203
00:14:47,475 --> 00:14:49,185
That's what a liquidity
bullet is essentially.
204
00:14:49,185 --> 00:14:50,325
It's how I teach it to my kids.
205
00:14:50,895 --> 00:14:55,785
So when we're painting over here
with price, this area in here
206
00:14:55,845 --> 00:14:59,595
leaves like a little space where
it needs to be recovered and that's
207
00:14:59,595 --> 00:15:00,825
really all this is going to do.
208
00:15:00,825 --> 00:15:03,195
It's what I want to come up there
and close all that in because there
209
00:15:03,195 --> 00:15:07,425
was nothing, there was not efficient
price movement in here into delivery.
210
00:15:07,635 --> 00:15:08,415
Wasn't efficient.
211
00:15:09,075 --> 00:15:11,205
So if we get expansion, the
first thing we're going to be
212
00:15:11,205 --> 00:15:12,365
looking for as a price action.
213
00:15:13,290 --> 00:15:15,510
Is, we want to see if it has
the willingness to get up there.
214
00:15:15,930 --> 00:15:17,010
Now it's Friday.
215
00:15:17,790 --> 00:15:19,170
It's a little bit of a range.
216
00:15:19,170 --> 00:15:20,579
It's about a hundred pit run.
217
00:15:21,030 --> 00:15:24,359
And to me personally, I, would've
rather seen a take take off a lot
218
00:15:24,359 --> 00:15:30,900
faster than it has here, but know, it's
still could just creep up there as we
219
00:15:30,900 --> 00:15:35,609
get through each one of these older
blocks and in levels we defined, I
220
00:15:35,609 --> 00:15:36,780
really liked the fact that we support.
221
00:15:38,980 --> 00:15:41,680
And recapitalize the, uh, the
buying in here on this order block
222
00:15:41,680 --> 00:15:43,000
here, that the down candle, right.
223
00:15:43,000 --> 00:15:48,760
For this move up in here, I liked
that we were seeing more buying in
224
00:15:48,760 --> 00:15:51,550
there and they've expanded the range.
225
00:15:54,410 --> 00:15:56,720
So we were well ahead of yesterday's high.
226
00:15:57,710 --> 00:16:02,540
And we took out what looks like, uh,
the Mo uh, yeah, the weekly high.
227
00:16:02,540 --> 00:16:04,190
So we've created a new, weekly, high.
228
00:16:05,295 --> 00:16:08,025
So, and we in the one 30 big figure.
229
00:16:08,025 --> 00:16:14,745
So we have every reason to allow price or
less expect or anticipate price to expand.
230
00:16:15,615 --> 00:16:15,705
Okay.
231
00:16:17,475 --> 00:16:22,605
Because we've taken out any near
term barrier with the weekly
232
00:16:22,605 --> 00:16:24,975
high, the previous day's highs.
233
00:16:25,455 --> 00:16:28,875
We've had a nice little double,
bottom type thing in here, but
234
00:16:28,875 --> 00:16:30,405
it came by way of a region.
235
00:16:31,110 --> 00:16:32,070
Which is really strong.
236
00:16:32,070 --> 00:16:36,240
We watched this, uh, occur, live,
outlined it before it happened.
237
00:16:36,240 --> 00:16:38,400
And it was really, really nice.
238
00:16:39,030 --> 00:16:43,080
And we saw last night in the video
that I put on the forum returned
239
00:16:43,080 --> 00:16:48,120
back to the breaker here, they
invert a devil to an inversion level.
240
00:16:48,120 --> 00:16:52,530
So what they use to sell off the
market to run the staffs, blow it.
241
00:16:52,830 --> 00:16:53,940
They've mitigated that.
242
00:16:53,940 --> 00:16:57,030
So if they're in a hurry to mitigate
that, that is indicative of what
243
00:16:57,120 --> 00:16:59,100
lower prices, if they're covering.
244
00:17:00,105 --> 00:17:00,975
Or higher prices.
245
00:17:06,825 --> 00:17:08,565
And that's what you're
seeing here in price.
246
00:17:14,835 --> 00:17:19,425
Now, as you spend more days with
me, uh, as the weeks go by, you're
247
00:17:19,425 --> 00:17:25,315
going to learn the, the design or
you're having right now as a new
248
00:17:25,315 --> 00:17:27,474
person coming in or a new trailer.
249
00:17:29,010 --> 00:17:32,730
The impulses as you want to give me
bicycles, give me cell signals, give me
250
00:17:32,730 --> 00:17:37,620
in giving out, and that's not going to
help you as much as you think it will.
251
00:17:37,620 --> 00:17:38,250
It won't.
252
00:17:38,520 --> 00:17:44,610
Um, you want to be able to understand
why the setup's there and you need
253
00:17:44,610 --> 00:17:48,000
to start by understanding where
the market's wanting to be going.
254
00:17:48,060 --> 00:17:48,510
First.
255
00:17:49,560 --> 00:17:51,690
Everybody has to contend with
where the current market price.
256
00:17:52,860 --> 00:17:56,639
But not all of us spend that much time
trying to figure out where it wants to go.
257
00:17:56,790 --> 00:17:59,620
We're too focused on, give
me the, by giving this out.
258
00:17:59,639 --> 00:18:03,360
Where's the reasons for those signals
that even be there, there's no
259
00:18:03,360 --> 00:18:04,860
framework or context around that.
260
00:18:05,340 --> 00:18:08,820
You're just chasing price and you're
creating scenarios in your mind
261
00:18:09,210 --> 00:18:10,530
that may or may not even be there.
262
00:18:15,040 --> 00:18:16,689
There will be opportunities.
263
00:18:17,409 --> 00:18:20,649
Galore are lots of opportunities coming,
but I have to give you a founder.
264
00:18:21,629 --> 00:18:25,230
To understand what it is that we
look for that frames, the setups,
265
00:18:25,500 --> 00:18:29,639
because there's going to be, there's
going to be times when we will be
266
00:18:29,639 --> 00:18:34,139
invariably trading with either.
267
00:18:34,139 --> 00:18:34,440
Okay.
268
00:18:34,530 --> 00:18:35,790
I'll just give you a heads up.
269
00:18:36,540 --> 00:18:41,190
There are high resistance
liquidity runs, and then there
270
00:18:41,190 --> 00:18:43,290
are low resistance liquidity.
271
00:18:44,280 --> 00:18:48,360
And I'm going to have, you all do
exercises where we actually buy or
272
00:18:48,360 --> 00:18:50,400
sell in both of those conditions.
273
00:18:50,400 --> 00:18:52,920
And I'm going to outline
what that is before we do it.
274
00:18:53,129 --> 00:18:55,500
It's not like a trick question I
say, okay, we're going to buy here.
275
00:18:55,500 --> 00:18:58,170
And if it doesn't pan out, well, that
was, that was just, uh, just to see
276
00:18:58,170 --> 00:18:59,340
if you thought it was going to work.
277
00:18:59,550 --> 00:19:00,870
That's not what we're doing.
278
00:19:01,350 --> 00:19:05,280
I'm going to outline a model for
high resistance liquidity runs,
279
00:19:05,280 --> 00:19:06,270
and then you'll learn what that is.
280
00:19:06,270 --> 00:19:10,980
I'm not teaching here today and you'll
have a teaching on low resistance.
281
00:19:10,980 --> 00:19:12,000
Liquid liquidity runs.
282
00:19:12,795 --> 00:19:16,125
There's a distinction between the
two and you need to know what those
283
00:19:16,125 --> 00:19:19,395
distinctions are in the only way you
learn it is by getting in there and
284
00:19:19,395 --> 00:19:22,575
doing the trades in those environments.
285
00:19:23,115 --> 00:19:27,855
And by exposing yourself to that,
you're going to see not all bicycles.
286
00:19:28,860 --> 00:19:33,030
As strong or as effective or
explosive, snappy, real punchy,
287
00:19:33,030 --> 00:19:36,690
real entry, uh, sensitive where
ginger union, it takes off.
288
00:19:37,020 --> 00:19:38,310
That's what we're aiming for.
289
00:19:38,310 --> 00:19:40,260
We don't want to get in a trade
and this is hang around for a
290
00:19:40,260 --> 00:19:42,629
little while and we got to wait and
decide if we want to hold on to it.
291
00:19:42,990 --> 00:19:45,360
If we're waiting to figure out if we
want to go into the trades, I'm already
292
00:19:45,360 --> 00:19:47,129
getting out of the trade either.
293
00:19:47,129 --> 00:19:49,920
I'm getting in the trade and I'm
seeing feedback almost immediate.
294
00:19:51,075 --> 00:19:52,515
Or I'm getting out of the trade.
295
00:19:52,665 --> 00:19:53,685
That's as simple as that.
296
00:19:53,745 --> 00:19:57,765
And you're going to learn, there's
a distinction between low resistance
297
00:19:57,765 --> 00:20:01,455
liquidity runs, which is where
we trade for high probability.
298
00:20:02,025 --> 00:20:06,975
Contrast it with high resistance
liquidity runs, which is sometimes
299
00:20:06,975 --> 00:20:10,035
they look like they're really good
setups, but as soon as you get em,
300
00:20:10,695 --> 00:20:12,105
it gives all kinds of indications.
301
00:20:12,105 --> 00:20:13,155
It's not going to be there.
302
00:20:15,104 --> 00:20:16,485
Here's my, here's my concern.
303
00:20:16,485 --> 00:20:19,485
If I go right in there and start doing
this right now, without any understanding
304
00:20:19,485 --> 00:20:25,425
for you as a viewer or a student, say you
come into the webinar five minutes late.
305
00:20:26,054 --> 00:20:26,445
Okay.
306
00:20:26,445 --> 00:20:27,375
And it's a live session.
307
00:20:27,415 --> 00:20:31,665
You hear me say, okay, we're buying
here and we're going to look for this.
308
00:20:31,935 --> 00:20:32,745
What are you going to do?
309
00:20:33,195 --> 00:20:36,044
You're going to over leverage your account
because it's me saying I'm buying it.
310
00:20:36,675 --> 00:20:37,004
Okay.
311
00:20:37,004 --> 00:20:39,764
And it may be a high resistance liquid, or
they run that we're actually practicing.
312
00:20:41,885 --> 00:20:44,975
You're going to walk away with
my Anna says I lost on this
313
00:20:44,975 --> 00:20:45,995
trade or it didn't work out.
314
00:20:45,995 --> 00:20:49,294
Like you said, it was, and you missed
the whole context of the discussion.
315
00:20:49,774 --> 00:20:51,455
So that's why it's important
for you to understand.
316
00:20:51,455 --> 00:20:54,845
When I talk about a setup before
I actually go into entries, I'm
317
00:20:54,845 --> 00:20:59,405
going to define it in terms of it's
either high probability or it's
318
00:20:59,435 --> 00:21:01,595
medium, it's medium probability.
319
00:21:01,595 --> 00:21:04,145
And then it's absolutely low
embarrass, low probability.
320
00:21:04,565 --> 00:21:08,315
There is benefit to trading low
probability status as you're learning,
321
00:21:08,315 --> 00:21:09,365
because you want to be able to see.
322
00:21:10,170 --> 00:21:13,680
The distinctions between what makes it
a high probability and low probability?
323
00:21:14,370 --> 00:21:16,500
It's not enough to saying,
okay, this is high probability.
324
00:21:16,500 --> 00:21:17,430
And only look for that.
325
00:21:17,670 --> 00:21:21,600
You need to know what it looks like and
feels like to be in a mood that's low
326
00:21:21,600 --> 00:21:25,260
probability or what looks high probability
because all of them, aren't all high
327
00:21:25,260 --> 00:21:26,550
probability, a hundred percent winners.
328
00:21:26,879 --> 00:21:31,110
They can start as a context
or framework around the trade.
329
00:21:31,110 --> 00:21:34,350
It looks strong and solid, but it D.
330
00:21:35,385 --> 00:21:39,255
And if you don't pay attention to
these telltale signs, your Mary,
331
00:21:39,265 --> 00:21:42,435
the vein, which means you're holding
onto the trade and you're praying
332
00:21:42,435 --> 00:21:43,635
and hope, and you're a Christian now.
333
00:21:43,665 --> 00:21:46,455
So all of a sudden you're praying, the
guy helped me get this trait pan out.
334
00:21:46,815 --> 00:21:48,585
Now you don't even need,
you don't need to do that.
335
00:21:48,585 --> 00:21:53,025
Just stop claps the trade and move to
the sidelines and wait for a new setup.
336
00:21:53,565 --> 00:21:57,615
But you can't learn that without
having some foundation of
337
00:21:57,615 --> 00:21:58,875
what it is that we, we hunt.
338
00:22:00,825 --> 00:22:04,215
So yes, there will be
opportunities for you to flourish.
339
00:22:05,340 --> 00:22:06,750
As a trader let's just put it that way.
340
00:22:06,750 --> 00:22:08,280
I'm not going to use
the term you use Tony.
341
00:22:21,010 --> 00:22:21,310
Okay.
342
00:22:21,310 --> 00:22:23,169
Let's take a real quick peek over it.
343
00:22:23,770 --> 00:22:24,340
Cat.
344
00:22:24,370 --> 00:22:27,189
And I'm sorry, cable,
cable, still sideways.
345
00:22:30,169 --> 00:22:31,550
Fiber's fallen out of bed.
346
00:22:32,090 --> 00:22:34,010
You want to watch this area right here?
347
00:22:36,060 --> 00:22:37,110
Now you're a pound.
348
00:22:43,250 --> 00:22:43,730
Hm.
349
00:22:45,550 --> 00:22:50,590
Uh, I would have rather come up there
a little bit more to hit that it would
350
00:22:50,590 --> 00:22:52,060
hit the bear shorter block there.
351
00:22:52,060 --> 00:22:53,380
That would have been
another better for me.
352
00:22:59,050 --> 00:22:59,260
Yeah.
353
00:22:59,260 --> 00:22:59,980
It just fell short.
354
00:22:59,980 --> 00:23:01,930
So that would not be something
I'd be looking to get into.
355
00:23:06,149 --> 00:23:08,760
Uh, yes, kids.
356
00:23:10,350 --> 00:23:19,500
So, so far we've had a high of 1 35 just
fell back below the one 30 big figure.
357
00:23:21,419 --> 00:23:23,189
Doesn't mean can't run it and expand more.
358
00:23:23,189 --> 00:23:25,169
And sometimes it'll just peak
its head about the big thing.
359
00:23:26,295 --> 00:23:30,015
Give a, like a red herring
feeling like it wants to reverse.
360
00:23:30,265 --> 00:23:34,275
It can, but generally when it
runs into a big figure, it always
361
00:23:34,275 --> 00:23:37,185
have a little bit of retracement
and then just explode through it.
362
00:23:37,665 --> 00:23:39,945
If it's bullish, it should
just start running through it.
363
00:23:39,985 --> 00:23:43,545
Shouldn't go back down below 1
29, 80 for short, if it does that.
364
00:23:43,545 --> 00:23:48,045
And we got to consider it as
a unlikely condition for it
365
00:23:48,045 --> 00:23:48,835
to get up here and close it.
366
00:23:54,080 --> 00:23:54,169
Okay.
367
00:24:05,470 --> 00:24:06,280
It's Tuesday.
368
00:24:06,280 --> 00:24:08,980
That's avoid Sebastian.
369
00:24:10,780 --> 00:24:14,320
Yeah, that's avoid, we
mentioned that earlier.
370
00:24:14,320 --> 00:24:21,775
Uh, um, when we were talking about what,
uh, What was he, what was I looking at?
371
00:24:22,675 --> 00:24:23,905
Oh, the cat.
372
00:24:23,935 --> 00:24:25,885
We were talking about this
being a liquidity void.
373
00:24:26,515 --> 00:24:30,775
Um, we were talking about the dollar
having a liquidity void in here.
374
00:24:31,405 --> 00:24:34,075
And again, just thinking like when you're
painting your house and you, and you're,
375
00:24:34,235 --> 00:24:37,795
you're applying the paint brush to the
wall eventually when you run out of paint.
376
00:24:38,665 --> 00:24:39,025
Okay.
377
00:24:39,135 --> 00:24:42,925
It creates these little pockets of
space that needs to be repainted over.
378
00:24:43,255 --> 00:24:47,155
Just think of these big, long
runs down or, uh, runs up.
379
00:24:48,705 --> 00:24:49,335
Like I did here.
380
00:24:49,875 --> 00:24:50,205
Perfect.
381
00:24:50,205 --> 00:24:50,865
Example of it.
382
00:24:51,285 --> 00:24:54,975
Price moves real quick down
and moves below these lows.
383
00:24:55,485 --> 00:24:58,545
All of this has got to be covered
back in and it does it right there.
384
00:24:58,545 --> 00:25:00,945
It goes right back up and closes
it at the bottom of these candles.
385
00:25:01,215 --> 00:25:02,025
And then it goes down.
386
00:25:03,465 --> 00:25:04,545
So you gotta be thinking,
387
00:25:07,745 --> 00:25:13,055
well, that was that's where I
outlined on the, um, the charts CV.
388
00:25:13,505 --> 00:25:15,995
Uh, he's asking why wouldn't
we expect us to, I would've
389
00:25:16,055 --> 00:25:17,255
liked to seen a trade down here.
390
00:25:18,165 --> 00:25:24,135
But because of the discussions that's
going on in the Euro, um, in FMC, uh,
391
00:25:24,465 --> 00:25:29,355
talking, it may, it could break down
later on the day, but that's what I'd
392
00:25:29,355 --> 00:25:30,945
like to, I'd like to see that happen.
393
00:25:31,455 --> 00:25:34,064
And I would like to see
this formation here.
394
00:25:34,784 --> 00:25:41,855
This looks like a rather long extended
cell model and we're probably at
395
00:25:41,855 --> 00:25:44,145
a, uh, a redistribution point.
396
00:25:44,145 --> 00:25:44,195
Yeah.
397
00:25:45,030 --> 00:25:47,939
And they'll come back now, take us
back into the consolidation over here.
398
00:26:05,199 --> 00:26:11,139
Um, I'm honestly, like I've
already said this cable has
399
00:26:11,139 --> 00:26:12,290
been my best friend for you.
400
00:26:13,440 --> 00:26:19,200
It's been my buddy and Brexit has
really cooled my jets with it.
401
00:26:19,320 --> 00:26:19,950
I just don't.
402
00:26:20,760 --> 00:26:21,630
I just don't trust it.
403
00:26:22,020 --> 00:26:24,270
I don't trust the, uh,
the order flow in it.
404
00:26:25,320 --> 00:26:26,250
It's not clean.
405
00:26:26,460 --> 00:26:29,070
It's, it's very erratic right now.
406
00:26:31,270 --> 00:26:34,210
And I don't know, you know, I
don't know what to make of it
407
00:26:34,390 --> 00:26:38,890
personally, so, and I'm wearing my
weakness on my sleeve with you all.
408
00:26:39,250 --> 00:26:40,480
And I've done this openly.
409
00:26:40,480 --> 00:26:41,620
I think I did want it to be.
410
00:26:42,690 --> 00:26:49,260
Um, and in the public arena before we went
to a premium, um, group, that cable has
411
00:26:49,260 --> 00:26:53,700
me a little perplexed right now, which is
forcing me to go into other payers, which
412
00:26:53,700 --> 00:26:55,230
is fine because it's really good for you.
413
00:26:55,230 --> 00:27:00,240
As a, as a student, you're actually
learning that it's not just, you
414
00:27:00,240 --> 00:27:03,450
know, London, open, kill zone,
fiber and cable stuff that I trade.
415
00:27:14,520 --> 00:27:18,990
I think that all of the sports will
basically be closed in now we're going
416
00:27:18,990 --> 00:27:21,750
back to one 30 big figure on cat.
417
00:27:22,410 --> 00:27:22,500
Okay.
418
00:27:25,590 --> 00:27:29,145
And if we get back above 100, Big figure.
419
00:27:29,145 --> 00:27:32,385
We don't want to see it
lose 1 29 90, preferably.
420
00:27:32,415 --> 00:27:32,955
We don't want to see it.
421
00:27:32,955 --> 00:27:36,585
Go back below one 30 if it expands
and makes a new hire high today.
422
00:27:37,275 --> 00:27:40,485
And today's high so far is 1 30, 0 5.
423
00:27:41,325 --> 00:27:45,105
So if we get back at one over 1
30, 0 5, and we expand, say it
424
00:27:45,105 --> 00:27:49,905
takes out the next 10 round level,
uh, in other words, 1 30 10.
425
00:27:50,265 --> 00:27:53,625
If we get back above that level, we
don't want to see one 30 give up.
426
00:27:54,045 --> 00:27:55,335
We want to see it stable.
427
00:27:56,385 --> 00:28:00,225
If it shows a willingness to want to
get back, but below it, that's not good.
428
00:28:00,525 --> 00:28:02,865
And then they're probably going to
look to close in this void here.
429
00:28:07,335 --> 00:28:16,005
So high impact news should
propel price with strength, with
430
00:28:16,005 --> 00:28:20,655
quickness and a willingness to
get to some known price level.
431
00:28:20,865 --> 00:28:23,625
What does that known price
level it's going to be ordered?
432
00:28:24,659 --> 00:28:26,370
Above or below the current market action.
433
00:28:27,000 --> 00:28:29,129
And again, that's why I'm
saying it could be both sides.
434
00:28:29,129 --> 00:28:31,590
I don't care what the report is.
435
00:28:32,159 --> 00:28:35,370
I should already have an expectation
where the market is looking to go.
436
00:28:35,909 --> 00:28:38,250
And we didn't talk about down here stuff.
437
00:28:38,340 --> 00:28:41,970
We were, we're looking primarily up
in here and the reasons why it was,
438
00:28:42,540 --> 00:28:46,850
this is an area where it's been very
inefficient in terms of delivering.
439
00:28:47,879 --> 00:28:51,959
So the, the offering of pricing here
wasn't as efficient as it was like
440
00:28:51,959 --> 00:28:55,260
in something like this, where it's
spends a lot of back and forth time.
441
00:28:56,010 --> 00:28:58,530
All these price levels have a lot
of opportunity to be traded at.
442
00:28:58,530 --> 00:29:02,610
It spends a great deal of time having
hauling back and forth, back and forth.
443
00:29:06,199 --> 00:29:06,290
Okay.
444
00:29:08,870 --> 00:29:09,949
Anyone lose the audio?
445
00:29:11,389 --> 00:29:11,480
Okay.
446
00:29:15,050 --> 00:29:16,189
Yeah, it just might be you Mike.
447
00:29:23,284 --> 00:29:25,625
okay, so we're over one 30 again.
448
00:29:25,655 --> 00:29:31,085
So we want to be monitoring, keeping an
eye on that since now we're in one 30.
449
00:29:31,685 --> 00:29:31,955
Okay.
450
00:29:31,955 --> 00:29:34,895
The algo should want to expand.
451
00:29:36,635 --> 00:29:36,935
Okay.
452
00:29:36,935 --> 00:29:38,795
And squeeze on anybody that is short.
453
00:29:40,565 --> 00:29:45,365
And once the run starts happening, it
should, it should expand and speed up.
454
00:29:48,649 --> 00:29:50,450
Magnitude, excuse me.
455
00:29:52,760 --> 00:29:55,730
If it doesn't, then all we did
was priced in the high of the week
456
00:29:56,240 --> 00:29:59,840
and we'll trade off and settle
down below the lows here though.
457
00:30:01,030 --> 00:30:01,419
What's that
458
00:30:10,629 --> 00:30:11,830
1 29 40.
459
00:30:12,250 --> 00:30:15,110
So we don't, we certainly don't want
to see the cat lose that because.
460
00:30:15,795 --> 00:30:19,875
If we break down here that leaves
this void for a much longer
461
00:30:19,875 --> 00:30:22,305
term set up, which is not good.
462
00:30:23,265 --> 00:30:27,495
We went, as we're getting approaching
closer and closer to this, it gets
463
00:30:27,495 --> 00:30:28,815
so much more high probability.
464
00:30:28,815 --> 00:30:32,705
It's going to run for
this, the clothes that in,
465
00:30:38,935 --> 00:30:42,205
um, the question is, is, would
I be less confident about it?
466
00:30:42,205 --> 00:30:44,425
If the dollar didn't have
that same voice as well?
467
00:30:48,110 --> 00:30:49,580
It's a dollar based payer.
468
00:30:49,639 --> 00:30:53,929
So it's going to have in some
ways, very similar price action.
469
00:30:54,350 --> 00:30:58,189
If there's a lot of drop in here,
you know, we're going to see similar
470
00:30:58,280 --> 00:31:00,949
effects in the dollar as well.
471
00:31:02,330 --> 00:31:06,110
So it's gonna, it's already going
to be built in, which is the
472
00:31:06,110 --> 00:31:09,290
reason why these conditions repeat
themselves because it's very generic.
473
00:31:10,800 --> 00:31:13,800
But not generic in the sense that it's
retail minded, it's generic and the
474
00:31:13,800 --> 00:31:15,660
scope that that's how price is delivered.
475
00:31:15,990 --> 00:31:17,940
So it needs to go back up
here and close all that in
476
00:31:24,460 --> 00:31:25,150
I've referenced.
477
00:31:25,530 --> 00:31:28,500
The question is, is, do I look at oil
when I'm looking at Canadian valley?
478
00:31:28,800 --> 00:31:31,590
I look at it when it's a
little bit more stronger.
479
00:31:31,990 --> 00:31:33,060
Let me, let me rephrase that.
480
00:31:33,090 --> 00:31:37,230
I look at oil when it's a setup it's
based on a short term or swing, right?
481
00:31:38,595 --> 00:31:39,495
Uh, mentality.
482
00:31:39,855 --> 00:31:41,265
These are all day trading models.
483
00:31:41,805 --> 00:31:45,585
And some of the folks that I've,
I've had a guy quit yesterday because
484
00:31:45,585 --> 00:31:46,875
he's like, look, I can't day trade.
485
00:31:46,875 --> 00:31:49,245
I need, I need the longer-term stuff.
486
00:31:49,725 --> 00:31:52,455
And I told him, I said, we're
going to be covering all that.
487
00:31:52,935 --> 00:31:56,025
But the reason why I'm teaching in
the scope of intraday is because
488
00:31:56,265 --> 00:31:58,065
intraday gives us immediate feedback.
489
00:31:58,425 --> 00:32:01,754
It gives us a lot of price
action from beginning to end.
490
00:32:01,785 --> 00:32:02,865
It gives me context.
491
00:32:02,865 --> 00:32:03,855
It gives me a framework that.
492
00:32:05,100 --> 00:32:09,870
And if I took the reference of time, in
other words, if you couldn't see, this
493
00:32:09,870 --> 00:32:13,889
was a 30 minute chart, and I didn't tell
you this as U S CAD, you wouldn't, unless
494
00:32:13,889 --> 00:32:17,730
you were really paying attention to the
Canadian dollar, you wouldn't know if this
495
00:32:17,730 --> 00:32:23,550
was a 30 minute chart, five minute chart,
or one minute chart or a monthly chart.
496
00:32:23,550 --> 00:32:26,580
You wouldn't know, unless you had
already been paying attention to
497
00:32:26,580 --> 00:32:28,950
what you know with the pair is so.
498
00:32:30,355 --> 00:32:34,765
My point in, this is the teach you
number one, price action is universal.
499
00:32:35,695 --> 00:32:39,985
So the myopic new students that are
coming in, and I don't mean that to be
500
00:32:40,585 --> 00:32:42,175
high and lofty looking down on anybody.
501
00:32:42,175 --> 00:32:42,985
It's just the truth.
502
00:32:43,885 --> 00:32:45,835
I had the same cynical view as well.
503
00:32:46,015 --> 00:32:46,585
Yeah.
504
00:32:47,425 --> 00:32:50,515
I was very suspect of Larry Williams
when he said he made a million
505
00:32:50,515 --> 00:32:51,805
dollars in a year at $10,000.
506
00:32:51,805 --> 00:32:53,275
And Dale, uh, found out that it was true.
507
00:32:54,915 --> 00:32:56,775
I appreciate healthy skepticism.
508
00:32:56,925 --> 00:32:59,565
And that's the reason why we're doing
this on a daily basis, giving you
509
00:33:00,315 --> 00:33:02,205
reasons to trust what I'm sharing.
510
00:33:02,595 --> 00:33:06,015
Number two, prove that I know what
I'm talking about and removing
511
00:33:06,015 --> 00:33:08,385
all that uncertainty, because it's
going to be a problem for you.
512
00:33:08,655 --> 00:33:12,135
Believe me, some of you still
are on the fence about whether
513
00:33:12,135 --> 00:33:13,355
I can trade and that's normal.
514
00:33:13,435 --> 00:33:14,205
That's fine.
515
00:33:14,775 --> 00:33:17,475
You're not here to watch me trade you're
here to learn how to trade yourself.
516
00:33:17,475 --> 00:33:19,655
And you're going to learn it
every single day, but you need.
517
00:33:20,550 --> 00:33:24,899
Re released this desire that you have
to have what you're wanting right
518
00:33:24,899 --> 00:33:29,129
now, because you don't even know what
you're about to learn over the scope
519
00:33:29,129 --> 00:33:30,179
of 12 months, if you're going to.
520
00:33:30,750 --> 00:33:34,919
And it just gives a testimony to what
is the barriers for most traders is
521
00:33:36,360 --> 00:33:41,909
no one goes into trading to be a good
trader for a day or a week or one month.
522
00:33:42,300 --> 00:33:45,840
Did you all sign up this star trading
Forex just for 30 days when you
523
00:33:45,840 --> 00:33:48,090
got involved, when you open up your
first demo account, did you say
524
00:33:48,090 --> 00:33:48,990
I'm only going to do this for 30.
525
00:33:53,775 --> 00:33:54,465
Of course not.
526
00:33:55,035 --> 00:33:56,565
I mean, you want to make
a business out of this.
527
00:33:56,565 --> 00:33:58,635
You want to, you want to trade,
you want to quit your job.
528
00:33:58,845 --> 00:34:00,165
You want to have a passive income.
529
00:34:00,195 --> 00:34:02,145
You wanna have a supplemental
secondary income.
530
00:34:02,475 --> 00:34:08,415
So when we go into a new learning
experience, whether it be with me or
531
00:34:08,415 --> 00:34:09,884
someone else, it doesn't have to be me.
532
00:34:10,275 --> 00:34:10,485
Okay.
533
00:34:10,485 --> 00:34:13,215
You guys can subscribe to whoever
you want to put money behind.
534
00:34:13,215 --> 00:34:13,485
It's fine.
535
00:34:14,430 --> 00:34:19,800
But when you do this and that the, the
outline is it's going to be a model that's
536
00:34:19,800 --> 00:34:21,990
going to require your 12 months study.
537
00:34:22,980 --> 00:34:26,070
I understand the interest of going
in and seeing if it's worth it.
538
00:34:26,250 --> 00:34:29,159
And that's why I'm spending
the daily basis showing you
539
00:34:29,159 --> 00:34:30,480
where the market's going to go.
540
00:34:31,470 --> 00:34:34,110
You're all saying, give me the
entry to get in there to trade that.
541
00:34:34,110 --> 00:34:37,830
And I'm telling you, you're waiting for
that because that's not going to help you.
542
00:34:37,830 --> 00:34:41,370
And that's not changed from the free
free material giving you entries in
543
00:34:41,370 --> 00:34:45,795
excess is not helping, you know, Your
argument is going to be well, it'll
544
00:34:45,795 --> 00:34:47,625
help me pay for the cost of the course.
545
00:34:47,835 --> 00:34:51,615
If you need that, you are in the wrong
place, because if you can't afford
546
00:34:51,615 --> 00:34:56,235
$150, you cannot afford to trade
because you're going to lose $150 a lot.
547
00:34:56,745 --> 00:34:58,785
When you're trading real money,
you're going to lose that a lot.
548
00:34:59,535 --> 00:35:00,165
It's going to happen.
549
00:35:01,725 --> 00:35:03,735
So why the expansion,
we just made a new high.
550
00:35:03,915 --> 00:35:08,595
So now the Advil has all the room now to
expand on the outside, watch the 10 level.
551
00:35:09,255 --> 00:35:09,675
Okay.
552
00:35:09,675 --> 00:35:12,555
So now we should not see
it moved back below once.
553
00:35:15,730 --> 00:35:18,220
Yeah, while you're learning this
stuff and practicing, you want to
554
00:35:18,220 --> 00:35:22,150
put little reference points, the,
keep it in line because it's easy.
555
00:35:22,150 --> 00:35:25,450
Sometimes get wrapped up in the price
action when it starts moving and
556
00:35:25,450 --> 00:35:27,640
forgetting all about what the things
you're actually supposed to be studying.
557
00:35:38,250 --> 00:35:38,460
okay.
558
00:35:38,460 --> 00:35:39,570
So we want to see price stable.
559
00:35:40,935 --> 00:35:43,745
Yeah, Andreas.
560
00:35:43,745 --> 00:35:46,685
This is the reason why I'm telling
everyone to follow along in the same
561
00:35:46,685 --> 00:35:49,775
demo account, which is the Forex LTD.
562
00:35:50,525 --> 00:35:54,245
So if you're not following along in
the sessions, then you're, you're
563
00:35:54,245 --> 00:35:57,935
going to distract yourself only
focusing on this one, because it's
564
00:35:57,935 --> 00:35:58,745
going to be the same delivery.
565
00:35:58,745 --> 00:35:58,835
Yep.
566
00:36:05,115 --> 00:36:06,165
I was getting to that pebble.
567
00:36:06,675 --> 00:36:06,885
All right.
568
00:36:06,885 --> 00:36:11,205
So now, since we already cleared out
the weekly high, we made a new high.
569
00:36:11,985 --> 00:36:12,135
Okay.
570
00:36:12,135 --> 00:36:16,515
So we've expanded above Sunday's
opening range for the week, and
571
00:36:16,515 --> 00:36:19,995
that comes in the form of 1 29 99.
572
00:36:21,015 --> 00:36:22,995
We went through the big figure 100.
573
00:36:23,730 --> 00:36:26,400
Even now, this is the
second pass through it.
574
00:36:26,580 --> 00:36:28,050
And I'll give you an
example of what that means.
575
00:36:28,470 --> 00:36:29,670
We're looking at a five minute chart.
576
00:36:30,690 --> 00:36:34,200
Here's that one 30 big figure level right
here, that little short segment of time
577
00:36:34,320 --> 00:36:38,550
or line rather I put on here, we punched
through it here, made the high of 1 30 0 5
578
00:36:39,000 --> 00:36:40,920
retrace a little bit, went back below it.
579
00:36:40,950 --> 00:36:42,420
Now we expanded through it again.
580
00:36:42,750 --> 00:36:47,550
If it's good, if it's going to be a run
for higher prices, it will not need to
581
00:36:47,550 --> 00:36:50,400
go back below that one 30 big figure.
582
00:36:51,555 --> 00:36:53,445
To go back into the, or block year.
583
00:36:53,565 --> 00:36:54,795
We don't want to see that.
584
00:36:55,335 --> 00:36:59,205
We want to see it open itself up
to higher prices right now, because
585
00:36:59,205 --> 00:37:00,465
there's really no resistance here.
586
00:37:00,915 --> 00:37:05,525
So if it's going to drop here, it's going
to create a near-term resistance happen.
587
00:37:06,455 --> 00:37:10,745
High probability conditions are once
it's cleared it's near-term resistance.
588
00:37:11,345 --> 00:37:12,935
It needs to expand and go higher.
589
00:37:13,785 --> 00:37:15,855
We cannot allow it to go lower from here.
590
00:37:16,155 --> 00:37:20,115
So if we are in a trade and we're not
saying that we are, we're understanding
591
00:37:20,415 --> 00:37:25,575
where the market's wanting to reach and
what keeps that move, uh, likely to unfold
592
00:37:25,875 --> 00:37:28,995
is by studying all these little mile
markers it's price goes through them.
593
00:37:29,445 --> 00:37:34,395
We have a new, uh, weekly, high we've
cleared, a big figure, and just go
594
00:37:34,395 --> 00:37:35,445
back out to the 30 minute chart.
595
00:37:37,095 --> 00:37:37,425
Okay.
596
00:37:37,425 --> 00:37:41,205
So we've expanded on the
heels of a high impact news.
597
00:37:41,205 --> 00:37:41,265
Yeah.
598
00:37:42,225 --> 00:37:44,505
We have a lot of time still for today.
599
00:37:44,955 --> 00:37:45,285
Okay.
600
00:37:45,285 --> 00:37:49,785
We have a bear shorter block at 1
30 15 that we have to contend with.
601
00:37:49,785 --> 00:37:52,275
So we have, we want to watch
it drive right through that.
602
00:37:53,115 --> 00:37:54,825
We don't want to see any
kind of resistance area.
603
00:37:54,825 --> 00:37:57,855
We don't want to see any kind of,
well, let me, let me, let me hit that
604
00:37:57,855 --> 00:37:58,785
and stay there for a little while.
605
00:37:58,785 --> 00:38:01,575
We want to sh see strength
to go through that.
606
00:38:01,634 --> 00:38:04,815
If we see it run through that, then
obviously we can just sit back and
607
00:38:04,815 --> 00:38:06,375
wait, because it will fill in that void.
608
00:38:06,404 --> 00:38:10,815
Then if it hits that level here, we've
outlined and it starts to consolidate.
609
00:38:11,549 --> 00:38:11,879
Okay.
610
00:38:11,879 --> 00:38:16,290
Again, those things affect the probability
of the trade because the longer it
611
00:38:16,290 --> 00:38:20,160
spends time here, that battery life
on the daily range, which closes and
612
00:38:20,160 --> 00:38:24,959
turns off around noon in New York
time, that makes the probabilities
613
00:38:24,959 --> 00:38:29,339
for these ranges to close in, in the
session you're trading less likely.
614
00:38:30,029 --> 00:38:32,850
So that's the reason why we want
to make sure it should not go back
615
00:38:32,850 --> 00:38:35,700
below at one 30, if it does the
probabilities for it to get back up
616
00:38:35,700 --> 00:38:38,430
into here today, fall off precipitously.
617
00:38:39,600 --> 00:38:40,200
Does that make sense?
618
00:38:48,410 --> 00:38:49,009
My pleasure.
619
00:38:49,370 --> 00:38:49,580
All right.
620
00:38:49,580 --> 00:38:56,240
So anyway, my discussion earlier as we're
watching price, the, uh, and this is
621
00:38:56,240 --> 00:38:59,299
the other reason why I'm teaching in a
demo, can I get a lot of questions on,
622
00:38:59,299 --> 00:39:00,470
you know, why am I teaching a Democrat?
623
00:39:00,500 --> 00:39:01,580
Why am I not doing live trading?
624
00:39:01,819 --> 00:39:03,440
Number one, if I'm doing live
trading, you're going to see me.
625
00:39:04,529 --> 00:39:09,299
Um, information and I don't share
that with anybody so too, because
626
00:39:09,299 --> 00:39:13,109
there's no skin on the line with
me talking it, uh, frees me up.
627
00:39:13,830 --> 00:39:17,100
There's no actual money
tied to any of the things.
628
00:39:17,100 --> 00:39:18,509
So it gives me clarity.
629
00:39:18,509 --> 00:39:19,169
It gives me.
630
00:39:20,415 --> 00:39:22,935
Just the freedom to talk about
it because I could not talk like
631
00:39:22,935 --> 00:39:25,335
this with my real money at risk.
632
00:39:25,455 --> 00:39:28,635
Cause I don't trade many, lots of
micro lots and just one standard
633
00:39:28,635 --> 00:39:30,525
lab I'm trading large size.
634
00:39:30,525 --> 00:39:36,705
So I have, I have something at risk and
I could not be able to focus talking
635
00:39:36,705 --> 00:39:37,785
to you while I had money at risk.
636
00:39:37,815 --> 00:39:41,655
So exactly.
637
00:39:42,015 --> 00:39:45,165
I got to have the detachment from
money just like anybody else.
638
00:39:45,165 --> 00:39:46,095
I'm not exempt to that.
639
00:39:46,785 --> 00:39:49,455
So when you're learning this,
especially as a nuisance.
640
00:39:50,955 --> 00:39:52,995
Okay, your expectation is this okay?
641
00:39:52,995 --> 00:39:56,715
Well, you're teaching me, let me learn
how to get entries and I'll pay for the
642
00:39:56,715 --> 00:39:59,535
course as I'm, uh, I'll learn as I go.
643
00:39:59,835 --> 00:40:00,255
Okay.
644
00:40:00,585 --> 00:40:06,165
Um, you're going to do that by default,
without me even saying that I'd never
645
00:40:06,165 --> 00:40:11,075
put that in the sales pitch, but
if we tell you on a deal, the basis
646
00:40:11,075 --> 00:40:15,995
where the probabilities are for the
market to go to, even in the free
647
00:40:15,995 --> 00:40:17,645
work that I've already produced.
648
00:40:17,985 --> 00:40:18,135
Yeah.
649
00:40:18,915 --> 00:40:21,495
Enough right there to
get you what you need.
650
00:40:21,555 --> 00:40:24,255
And I'm not going to tell you what that,
what I mean by that, you know exactly
651
00:40:24,255 --> 00:40:27,705
what I'm referring to without having
to say the words, but I want you to
652
00:40:27,705 --> 00:40:31,425
spend at least a couple of weeks with
me initially, just to see that there
653
00:40:31,425 --> 00:40:36,045
is a continuity to the delivery of
price that we will understand together.
654
00:40:36,165 --> 00:40:37,635
I understand it independently.
655
00:40:37,785 --> 00:40:42,225
Now you'll learn because you're
spending time with me every single day.
656
00:40:42,345 --> 00:40:44,985
Something that no one's ever
had the opportunity to do with
657
00:40:44,985 --> 00:40:46,275
me, they've only spent a week.
658
00:40:47,100 --> 00:40:52,169
And this is what we did on a weekly
basis, not this much talking, but I
659
00:40:52,169 --> 00:40:55,799
gave them the ideas of where the market
should go and we would watch it unfold.
660
00:40:55,859 --> 00:40:57,060
They would ask questions.
661
00:40:57,060 --> 00:41:00,779
They would do all the talking, but
because I don't have that medium where
662
00:41:00,810 --> 00:41:04,169
you can ask, well, you are asking me some
of the questions don't really have any
663
00:41:05,129 --> 00:41:06,950
basis to what we're speaking about here.
664
00:41:07,229 --> 00:41:08,580
Some of them you're just giving comments.
665
00:41:08,580 --> 00:41:11,060
And again, you're asking for
where would I be buying here?
666
00:41:11,080 --> 00:41:11,399
Where would be.
667
00:41:12,300 --> 00:41:14,040
You need to settle down.
668
00:41:14,340 --> 00:41:19,080
And if you, if you're requiring that,
you're probably not in the right place.
669
00:41:19,110 --> 00:41:20,370
And that's what we had yesterday.
670
00:41:20,730 --> 00:41:23,880
A gentleman gave up the, the
membership because he said this
671
00:41:23,880 --> 00:41:25,290
isn't the right format for me.
672
00:41:25,830 --> 00:41:27,180
And he just wasn't willing to wait.
673
00:41:27,780 --> 00:41:28,860
So, and that's fine.
674
00:41:28,860 --> 00:41:29,970
I don't want anybody in here.
675
00:41:30,000 --> 00:41:30,870
There's going to be inpatient.
676
00:41:30,870 --> 00:41:34,700
If you're going to be inpatient, just
quit, just cancel the subscription
677
00:41:34,710 --> 00:41:35,880
and you'll be, you'll be fine.
678
00:41:35,880 --> 00:41:36,600
I'm not gonna be mad.
679
00:41:36,960 --> 00:41:39,330
You know, I want you to get what
you want, but you need to wait
680
00:41:39,600 --> 00:41:40,890
for the delivery of what you want.
681
00:41:40,930 --> 00:41:41,400
You don't even know what.
682
00:41:42,600 --> 00:41:43,260
Trust is a neutral.
683
00:41:43,260 --> 00:41:45,810
You have no idea what it is that
you should be doing, but I do
684
00:41:45,810 --> 00:41:46,770
know what you should be doing.
685
00:41:48,450 --> 00:41:54,210
So if you're gonna, if you're gonna make
me your mentor submit to that, because
686
00:41:54,210 --> 00:41:55,890
I know honestly, what's best for you.
687
00:41:56,010 --> 00:41:57,720
You don't know what's best for you.
688
00:41:57,750 --> 00:42:01,020
You think you do, but you don't, you
don't even know what you should know.
689
00:42:01,560 --> 00:42:03,630
And that's very deep statement.
690
00:42:03,660 --> 00:42:05,430
You don't know what you think you should.
691
00:42:07,110 --> 00:42:09,350
You won't even know how can
you relate that to, okay.
692
00:42:09,400 --> 00:42:10,230
I'm not getting value.
693
00:42:10,320 --> 00:42:14,070
So just, just think in terms of
that every single day, we're sitting
694
00:42:14,070 --> 00:42:18,810
down, we're sitting down in front
of the charts and I'm teaching you
695
00:42:18,810 --> 00:42:22,380
exactly what real Jade looks like.
696
00:42:23,490 --> 00:42:25,680
Just like that young man in the parable.
697
00:42:25,830 --> 00:42:28,800
You know, the man puts that,
that at Greenstone in his hand.
698
00:42:29,250 --> 00:42:29,460
Okay.
699
00:42:29,460 --> 00:42:34,020
The whole time he was holding a real
piece of Jade and the one moment where
700
00:42:34,020 --> 00:42:35,220
he thought he wasn't learning anything.
701
00:42:36,225 --> 00:42:38,925
The Jade master throw it the same
with just the old regular bring rock.
702
00:42:39,135 --> 00:42:43,995
And he says this and Jade, and
suddenly he discovered all along.
703
00:42:44,715 --> 00:42:48,885
He's been doing things that didn't
make sense to him, sweeping the floor,
704
00:42:49,545 --> 00:42:53,175
cleaning up after this guy, listening
to rants that have nothing to do with
705
00:42:53,175 --> 00:42:54,615
the actual chart that you're looking at.
706
00:42:55,335 --> 00:42:59,655
But you're learning tons of stuff.
707
00:42:59,685 --> 00:43:02,145
You have no idea what you're
learning until you look at it.
708
00:43:03,135 --> 00:43:06,735
And then you're you're, then you're
exposed to seeing things over and over
709
00:43:06,735 --> 00:43:08,955
again, and they don't make sense to you
when you start looking at the charts, say,
710
00:43:09,585 --> 00:43:13,245
this looks like that one time when ICT
was talking about this or that happening.
711
00:43:13,905 --> 00:43:16,305
And then all of a sudden you'll be
able to refer back to experience
712
00:43:16,305 --> 00:43:17,505
that you didn't realize you had.
713
00:43:23,625 --> 00:43:25,635
Everybody's saying
Miyagi and periodic kid.
714
00:43:26,865 --> 00:43:30,495
If you could have saw everybody on the
same time on the, uh, the questions.
715
00:43:32,160 --> 00:43:32,880
A tablet.
716
00:43:32,980 --> 00:43:35,110
I can only see that no one
else can see it, but the, uh,
717
00:43:36,090 --> 00:43:37,950
everybody's firing off Mr.
718
00:43:37,950 --> 00:43:40,200
Miyagi and karate kid wax on wax off.
719
00:43:44,160 --> 00:43:48,330
So anyway, that's, that's the reason why
I'm teaching the way it is I'm teaching.
720
00:43:48,690 --> 00:43:52,680
Um, because I want you to know that there
is a lot of repetition to this stuff.
721
00:43:55,180 --> 00:43:55,480
Yeah.
722
00:43:55,480 --> 00:43:58,410
This looks like it wants to at least
come down here and hit that 32 70.
723
00:43:58,410 --> 00:43:58,480
Yeah.
724
00:44:03,589 --> 00:44:05,060
Fiber is really soft.
725
00:44:05,060 --> 00:44:06,170
Hit the stops already.
726
00:44:08,540 --> 00:44:16,160
That's nice dollar still wants to expand
up almost closing in this range as well.
727
00:44:23,049 --> 00:44:25,150
Don't want to see it go back at one 30.
728
00:44:25,750 --> 00:44:26,650
That's not what we want.
729
00:44:28,035 --> 00:44:28,125
Okay.
730
00:44:31,265 --> 00:44:35,225
All right, folks, I'm going to break
this one here and leave you to study it.
731
00:44:35,225 --> 00:44:38,795
The rest of the, uh, the morning,
uh, follow along on Twitter to a
732
00:44:38,795 --> 00:44:43,265
chart form, uh, only, but again,
we want to watch that one 30 level.
733
00:44:43,265 --> 00:44:46,415
Don't want to see it give
up and we're aiming for this
734
00:44:46,415 --> 00:44:47,405
little area right up in here.
735
00:44:47,405 --> 00:44:51,815
If it gets to that, it might come up
there and hit that, uh, 1 30, 85, but
736
00:44:51,815 --> 00:44:53,375
at least try to get up into this range.
737
00:44:54,825 --> 00:44:57,105
All right, folks, I will catch up
with you later on through Twitter,
738
00:44:57,105 --> 00:45:01,035
have yourself a very safe and pleasant
weekend, and you'll get some more
739
00:45:01,035 --> 00:45:05,085
information in the form of two
teachings as well until I see you again.
740
00:45:05,115 --> 00:45:05,445
Good luck.
741
00:45:05,445 --> 00:45:05,835
Good trading.
61719
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