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These are the user uploaded subtitles that are being translated: 1 00:00:08,460 --> 00:00:09,000 Good morning folks. 2 00:00:09,000 --> 00:00:09,450 How are you? 3 00:00:21,790 --> 00:00:21,970 Okay. 4 00:00:21,970 --> 00:00:23,110 Obviously today we have. 5 00:00:28,095 --> 00:00:33,135 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 7 00:00:44,144 --> 00:00:50,415 meetings, which has caused some concern for the, uh, the London session. 8 00:00:50,775 --> 00:00:51,665 Um, it was rather muted. 9 00:00:54,150 --> 00:00:57,370 The four 30, I was waiting for a little bit more movement based on 10 00:00:57,370 --> 00:00:59,910 the, uh, the goods trade bounds. 11 00:01:00,000 --> 00:01:04,650 And, uh, not so much the construction or consumer as gave you some levels 12 00:01:04,650 --> 00:01:07,500 to watch in case we hit those last night, uh, nothing really 13 00:01:07,500 --> 00:01:08,730 came to fruition off of that. 14 00:01:10,380 --> 00:01:14,130 So our focus really is going to just be on Canadian dollar and the effects 15 00:01:14,160 --> 00:01:16,620 of the release at eight 30 massage. 16 00:01:16,650 --> 00:01:20,250 Well, we'll study the manipulation that takes place in that pair. 17 00:01:23,640 --> 00:01:26,100 Let's go over to and we won't be here long. 18 00:01:26,100 --> 00:01:28,380 It'll be a short session today. 19 00:01:32,360 --> 00:01:34,010 Um, let's see here. 20 00:01:47,660 --> 00:01:47,870 Alright. 21 00:01:47,870 --> 00:01:49,760 I think we're gonna probably depend upon what we see. 22 00:01:53,759 --> 00:01:59,220 With this level and here, I'm going to get this struck up here maybe, 23 00:01:59,220 --> 00:02:01,140 or blocked this sitting right here. 24 00:02:03,660 --> 00:02:04,080 Okay. 25 00:02:04,110 --> 00:02:07,140 And I think we're at least going to try to go down and hit it. 26 00:02:08,430 --> 00:02:13,050 Um, I personally think we're going to go through it is much as I 27 00:02:13,050 --> 00:02:14,579 don't want to be a seller of cable. 28 00:02:15,570 --> 00:02:16,560 Um, I think we're probably gonna. 29 00:02:18,060 --> 00:02:19,170 Run through this order block. 30 00:02:19,709 --> 00:02:22,590 Um, I don't know if we're going to have enough steam to 31 00:02:22,590 --> 00:02:25,109 get through this over here. 32 00:02:26,720 --> 00:02:28,799 I think we'll probably come down here and stab through that. 33 00:02:33,440 --> 00:02:36,609 Um, I've got a couple more minutes. 34 00:02:36,609 --> 00:02:37,720 I can look at cat in a second. 35 00:02:37,750 --> 00:02:44,200 The, uh, Euro ran the stats we were referring to the 36 00:02:44,200 --> 00:02:46,450 other day, a small little. 37 00:02:47,250 --> 00:02:47,760 Moving up. 38 00:02:47,790 --> 00:02:51,510 I think we're probably going to much in the same way with the cable. 39 00:02:52,140 --> 00:02:54,540 We're probably going to want to look to close in that range. 40 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. 42 00:03:04,170 --> 00:03:05,700 So forget the Wicker over here. 43 00:03:07,170 --> 00:03:08,490 We could see it run is. 44 00:03:14,955 --> 00:03:17,535 Low is this on the upside rather than me fix it 45 00:03:23,935 --> 00:03:26,005 so we could see it run to 95 50. 46 00:03:27,115 --> 00:03:31,645 And if it wants to go a little bit more, it can come up into, okay. 47 00:03:35,325 --> 00:03:37,455 95 67, 9 5 59, 5 6. 48 00:03:38,670 --> 00:03:39,060 Dollar. 49 00:03:39,060 --> 00:03:44,580 If we get any kind of movement this morning on the heels of the 50 00:03:44,580 --> 00:03:46,710 Canadian unemployment numbers 51 00:03:50,250 --> 00:03:50,790 Aussie, 52 00:03:54,990 --> 00:04:00,210 now that, uh, 77 25 liquidity makes a whole lot more sense now, doesn't it. 53 00:04:06,644 --> 00:04:13,095 So we'll be teaching, um, with this model here in one of your session, uh, 54 00:04:13,125 --> 00:04:17,945 teachings for September to have a whole lot of information about this and why 55 00:04:17,954 --> 00:04:26,205 it did what it did here and New Zealand dollar also, um, trading software as well, 56 00:04:32,295 --> 00:04:33,344 coming down here, closing it. 57 00:04:33,344 --> 00:04:33,435 It's. 58 00:04:35,969 --> 00:04:36,929 All the way down here. 59 00:04:37,080 --> 00:04:41,729 So whenever you see these exposed areas like that, just think 60 00:04:41,729 --> 00:04:45,090 of that as the market is going to want to come back to that. 61 00:04:45,270 --> 00:04:48,870 Eventually it doesn't have to happen right away, but eventually they'll 62 00:04:48,870 --> 00:04:51,390 want, they'll want to come back and close those types of events. 63 00:04:51,390 --> 00:04:53,520 And so take a look at CAD, 64 00:04:57,640 --> 00:04:57,770 right? 65 00:04:57,780 --> 00:05:00,120 So we have all our notations from the other day, we're 66 00:05:00,120 --> 00:05:01,260 going to remove all this now. 67 00:05:32,925 --> 00:05:33,135 Okay. 68 00:05:33,135 --> 00:05:34,965 About five minutes until the numbers release. 69 00:05:40,765 --> 00:05:42,865 Again, we don't care what the numbers are. 70 00:05:42,895 --> 00:05:47,965 I don't care what the, the actual, uh, determination is or 71 00:05:48,115 --> 00:05:49,675 what their expectations were. 72 00:05:49,735 --> 00:05:53,485 Dovish, bearish, or bullish bearish for the currency. 73 00:05:53,485 --> 00:05:54,505 That doesn't matter to me. 74 00:05:54,955 --> 00:05:57,385 I'm just looking for the volatility that comes after. 75 00:05:58,410 --> 00:06:01,500 The numbers hit the market, and then I'm going to see where the 76 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. 78 00:06:12,700 --> 00:06:18,660 So what I'm looking at here is, uh, we have to two candles here 79 00:06:19,110 --> 00:06:20,220 prior to the down move here. 80 00:06:20,220 --> 00:06:23,880 Now you can refine it into this level here, but initially I'm 81 00:06:23,880 --> 00:06:24,930 going to watch and see what we see. 82 00:06:26,010 --> 00:06:29,760 When we hit this, uh, 1 30, 15 level, should we hit it at all? 83 00:06:29,760 --> 00:06:30,090 Really? 84 00:06:30,960 --> 00:06:33,960 But, uh, I think that we're going to probably snap up there on the 85 00:06:33,960 --> 00:06:41,530 release and then maybe we'll see some kind of a pull back for our 86 00:06:44,530 --> 00:06:47,620 small little bearish water block right in here, which you probably 87 00:06:47,620 --> 00:06:51,550 noticed on the daily, in here as well. 88 00:06:52,570 --> 00:06:53,940 I'm going to pull it up and refine it. 89 00:06:57,545 --> 00:06:59,345 So we have this level of the watch. 90 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 91 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 92 00:07:16,285 --> 00:07:18,535 the body, you'll get rules about that too. 93 00:07:20,785 --> 00:07:25,530 What I'm thinking when I look at individual conditions, And 94 00:07:25,530 --> 00:07:27,660 more importantly, we had the range all the way up here. 95 00:07:28,140 --> 00:07:29,760 Um, remember what is this? 96 00:07:30,690 --> 00:07:31,469 What's this right here. 97 00:07:34,469 --> 00:07:35,760 Oh, this little area right in here. 98 00:07:35,790 --> 00:07:36,360 What is this 99 00:07:40,270 --> 00:07:40,810 exactly? 100 00:07:40,810 --> 00:07:41,620 Liquidity void. 101 00:07:41,710 --> 00:07:44,740 So that means current price actions down here. 102 00:07:45,940 --> 00:07:46,390 Okay. 103 00:07:46,870 --> 00:07:51,490 So will this want to draw a price up into these lines? 104 00:07:54,239 --> 00:07:54,870 Exactly. 105 00:07:54,989 --> 00:07:55,500 Very good. 106 00:07:57,479 --> 00:07:59,070 Now it doesn't happen right away. 107 00:07:59,940 --> 00:08:01,679 Don't think that has to happen. 108 00:08:01,679 --> 00:08:01,919 Right. 109 00:08:01,919 --> 00:08:03,299 When you're sitting in front of the charts, you have 110 00:08:03,299 --> 00:08:04,560 to have things to line up, 111 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 113 00:08:12,299 --> 00:08:13,710 these levels like to get filled in. 114 00:08:13,979 --> 00:08:17,729 Like we see here, this one here was a nice run-up. 115 00:08:19,560 --> 00:08:20,580 I haven't heard about this one. 116 00:08:20,640 --> 00:08:21,270 And then we get to focus. 117 00:08:25,125 --> 00:08:26,685 So all this quick run-up here. 118 00:08:29,025 --> 00:08:29,445 Okay. 119 00:08:30,135 --> 00:08:30,435 Got it. 120 00:08:30,435 --> 00:08:31,035 Filled in 121 00:08:34,815 --> 00:08:35,205 over here. 122 00:08:35,595 --> 00:08:38,865 So while it ran up, it ultimately came down and filled all that in 123 00:08:39,284 --> 00:08:42,885 and look how much time is spent, filling that in all these wicks and 124 00:08:42,885 --> 00:08:49,875 by he spent a lot of time filling all this and that same thing occurs. 125 00:08:51,015 --> 00:08:54,495 Um, So we have that range to consider up here. 126 00:08:56,025 --> 00:09:00,334 So we'll be watching that and I don't always have those the chart sometimes. 127 00:09:00,334 --> 00:09:03,935 And I'll probably forget while we're doing certain examples, uh, over the 128 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 130 00:09:12,334 --> 00:09:17,735 those, uh, two price levels, defining the range or the liquidity void here. 131 00:09:18,694 --> 00:09:20,015 And I said, we're a minute away from the world. 132 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 139 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. 151 00:10:38,590 --> 00:10:39,820 You want to keep your charts real clean. 152 00:10:42,090 --> 00:10:43,890 If we get a run up in, uh, in space. 153 00:10:45,645 --> 00:10:47,805 I'm going to watch that level with 30, 30, 70 154 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. 157 00:11:20,415 --> 00:11:29,235 Yours is falling cable softer CAD still looks like it wants to push through 158 00:11:36,485 --> 00:11:38,585 well, I'm taking you through on a daily basis. 159 00:11:38,585 --> 00:11:41,285 Is that the build your experience? 160 00:11:42,614 --> 00:11:45,795 Level with understanding what the market will want to seek. 161 00:11:46,545 --> 00:11:50,415 And because of repetition, you'll see these things unfolding in 162 00:11:50,415 --> 00:11:52,035 your own mind before they happen. 163 00:11:52,425 --> 00:11:55,665 And you'll, you'll find yourself agreeing and sometimes not agreeing 164 00:11:55,665 --> 00:12:00,314 with what I expect in the marketplace, but your experience level, knowing what 165 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 166 00:12:08,535 --> 00:12:09,915 by experience being in the charts. 167 00:12:10,275 --> 00:12:11,244 So I'm forcing you. 168 00:12:12,000 --> 00:12:15,569 To do the very thing that you've probably been avoiding doing since he 169 00:12:15,579 --> 00:12:17,630 first introduced yourself to my work. 170 00:12:27,370 --> 00:12:27,849 Okay. 171 00:12:27,880 --> 00:12:29,229 We should see expansion in here. 172 00:12:29,229 --> 00:12:32,530 Now that means that the rain should get. 173 00:12:47,400 --> 00:12:49,860 has anyone been keeping tabs on how many pips? 174 00:12:50,670 --> 00:12:53,880 The, uh, the liquidity studies have been producing. 175 00:12:55,590 --> 00:12:56,970 They're not buys and sells now. 176 00:12:57,030 --> 00:12:59,490 They're this ranges where we anticipated. 177 00:13:00,945 --> 00:13:01,635 Exactly. 178 00:13:01,965 --> 00:13:03,045 So that's what I'm trying to tell you. 179 00:13:03,045 --> 00:13:06,255 It's not, it's very fruitful to do this 180 00:13:13,005 --> 00:13:16,365 and after she should be doing as well every day when you're practicing and 181 00:13:16,365 --> 00:13:20,085 you're, and you're looking for runs on liquidity, that means we're running to 182 00:13:20,175 --> 00:13:24,165 order blocks, running where the stops are, are closing and ranges back to fair value. 183 00:13:24,795 --> 00:13:27,645 When you're doing these studies, you're going to log how much 184 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? 188 00:13:36,810 --> 00:13:42,420 Was it a four hour, one hour or was it in a small session timeframe like 189 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 194 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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