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These are the user uploaded subtitles that are being translated: 1 00:00:03,270 --> 00:00:03,780 Okay folks. 2 00:00:03,780 --> 00:00:04,380 Welcome back. 3 00:00:05,790 --> 00:00:06,840 Hope you have a nice weekend. 4 00:00:07,020 --> 00:00:08,550 Mine was very, very nice. 5 00:00:08,550 --> 00:00:15,540 Thank you very much for asking the a dollar index on the left-hand side. 6 00:00:15,540 --> 00:00:20,250 We have a daily chart we're bouncing off of that weekly or blocking here and get 7 00:00:20,250 --> 00:00:25,200 this highlighted here that weekly bullish or block at a one-on-one big figure. 8 00:00:26,040 --> 00:00:26,700 So it's engine. 9 00:00:26,730 --> 00:00:30,300 It'll be interesting to see, rather if we make a run through that aggressively, 10 00:00:30,660 --> 00:00:36,360 or if we just start to cut the corner here, we get a down close and 11 00:00:36,360 --> 00:00:38,130 tomorrow we start trading higher. 12 00:00:39,210 --> 00:00:43,770 I will be interested to see if we get another run through these candles bodies. 13 00:00:43,890 --> 00:00:47,760 See if we want to make another run for these equal highs in my gut. 14 00:00:48,360 --> 00:00:51,660 That's what I think it wants to do, or it would make. 15 00:00:53,089 --> 00:00:56,810 See happening, but, uh, you know, I don't want to rush it. 16 00:00:57,260 --> 00:00:59,720 I certainly want to give the opportunity for the market to give 17 00:00:59,720 --> 00:01:02,570 me more feedback in that regard. 18 00:01:03,140 --> 00:01:07,340 Uh, if we do trade below that one-on-one level and we're watching that 100 19 00:01:07,340 --> 00:01:11,000 point 85 level down here, if we lose. 20 00:01:11,070 --> 00:01:14,900 And if that means threshold of this candles, bodies open, and this candle spot 21 00:01:14,900 --> 00:01:16,610 is closed, that's what this is measuring. 22 00:01:17,479 --> 00:01:22,310 It's also very close to what would be a rejection block below the 23 00:01:22,310 --> 00:01:23,300 bodies of these council members. 24 00:01:23,330 --> 00:01:24,979 We have a big Wix candle here. 25 00:01:25,340 --> 00:01:28,789 So whenever you see that you want to immediately go to 26 00:01:29,449 --> 00:01:30,710 where the candles bodies are. 27 00:01:31,220 --> 00:01:31,370 Okay. 28 00:01:31,370 --> 00:01:33,080 We don't ever really consider the bodies. 29 00:01:33,380 --> 00:01:33,650 I'm sorry. 30 00:01:33,650 --> 00:01:34,190 The wicks. 31 00:01:35,009 --> 00:01:36,020 We look at the bodies of it. 32 00:01:36,350 --> 00:01:36,530 Okay. 33 00:01:36,530 --> 00:01:38,330 And I'll give you some more examples as we go through. 34 00:01:39,170 --> 00:01:43,550 But to me personally, I think the dollar index is going to want to try to at least 35 00:01:43,670 --> 00:01:45,229 maintain the consolidation in this room. 36 00:01:46,545 --> 00:01:49,875 And maybe make a run for these equal highs of that left in tact. 37 00:01:50,335 --> 00:01:52,335 Then trade back up into this fair value gap. 38 00:01:52,365 --> 00:01:54,645 That's remained open for a little while now. 39 00:01:57,015 --> 00:02:01,785 So it'll be interesting how far, uh, Monday's trading closes. 40 00:02:03,164 --> 00:02:03,495 All right. 41 00:02:03,495 --> 00:02:05,205 So we have Euro dollar. 42 00:02:06,045 --> 00:02:11,865 Uh, this pair is pretty much the opposite of we're looking in dollar index. 43 00:02:11,865 --> 00:02:16,035 We're in the larger consolidation from this high to this low, but 44 00:02:16,035 --> 00:02:17,144 we're in the lower portion of it. 45 00:02:17,144 --> 00:02:21,704 Now we have new range defined by this high and the low here. 46 00:02:21,704 --> 00:02:23,355 So we're really still at equilibrium. 47 00:02:23,505 --> 00:02:27,555 Nothing's really, uh, exciting about this pair in here. 48 00:02:28,875 --> 00:02:34,215 Had we gone on this rally above this old high that would have 49 00:02:34,215 --> 00:02:37,995 indicated any retracement back would have been a good potential buy? 50 00:02:38,894 --> 00:02:40,725 Uh, but we're back in the middle of range in here. 51 00:02:40,725 --> 00:02:42,075 So between this low. 52 00:02:43,079 --> 00:02:46,799 And this height we're right in the middle of equilibrium or halfway point. 53 00:02:47,459 --> 00:02:51,570 And we're in point or equilibrium of this high and this low. 54 00:02:51,600 --> 00:02:58,140 So there's too many things converging with range-bound and I know that it's 55 00:02:58,140 --> 00:03:02,519 frustrating for you and you want to do something swing trading right now, but 56 00:03:02,519 --> 00:03:04,079 there is no swing trading right now. 57 00:03:04,410 --> 00:03:04,739 Okay. 58 00:03:05,100 --> 00:03:09,480 Um, there will be plenty of swing trades between now and 59 00:03:09,480 --> 00:03:10,410 the rest of the mentorship. 60 00:03:10,420 --> 00:03:15,720 So just be mindful that even though that we have understanding there 61 00:03:15,720 --> 00:03:17,010 has to be the conditions there. 62 00:03:17,370 --> 00:03:20,940 And right now it's showing you, it wants to stay in a range, not just the dollar 63 00:03:20,940 --> 00:03:22,980 index, but the Euro dollar as well. 64 00:03:23,310 --> 00:03:27,600 And if you look at majority of all the majors, they're still stuck in a range. 65 00:03:31,660 --> 00:03:36,670 So in a, in a bullet point note today, when we have these conditions on a 66 00:03:36,670 --> 00:03:42,760 daily chart, it forces you to be a day trader or a scalper, or you have to be 67 00:03:42,760 --> 00:03:44,230 on your you're sitting on your hands. 68 00:03:44,230 --> 00:03:47,770 You can't, you can't force a swing trait to do so. 69 00:03:47,770 --> 00:03:51,220 Actually it ends up trying to impose your will in the marketplace. 70 00:03:51,220 --> 00:03:53,020 And we have to avoid doing that. 71 00:03:54,730 --> 00:04:01,360 Now I will say this, the Euro is now trading back up into its last 72 00:04:01,360 --> 00:04:02,620 up candle here in the four hour. 73 00:04:04,400 --> 00:04:05,180 I do not. 74 00:04:07,430 --> 00:04:12,710 I do not like the fact that we had a lot of the wicks and it moved 75 00:04:12,710 --> 00:04:14,000 back and forth through here a lot. 76 00:04:14,690 --> 00:04:17,120 So I would favor not a bare shoulder block here. 77 00:04:17,510 --> 00:04:22,100 I would favor a run above the bodies of these candles in here so that 78 00:04:22,100 --> 00:04:23,030 they're going to run liquidity. 79 00:04:24,225 --> 00:04:25,215 And say, it's going to go lower. 80 00:04:25,215 --> 00:04:25,785 It's just say that. 81 00:04:26,115 --> 00:04:26,325 Okay. 82 00:04:26,325 --> 00:04:27,675 We'll play devil's advocate for a moment. 83 00:04:28,185 --> 00:04:31,935 Let's assume for a moment that your dollar has made an intermediate 84 00:04:31,935 --> 00:04:33,285 term high long-term high. 85 00:04:33,765 --> 00:04:35,685 And we're looking to break down and go for a sell side liquidity 86 00:04:35,685 --> 00:04:37,695 over here on the daily chart. 87 00:04:39,105 --> 00:04:45,465 If that happens, I think that a good indication of that in high probability. 88 00:04:47,475 --> 00:04:50,175 And again, what I'm saying is if this is going to be a high probability. 89 00:04:50,235 --> 00:04:54,555 So objective down here below that 1 0 4 big figure. 90 00:04:56,115 --> 00:04:59,445 This rally, I don't see it hitting this last up. 91 00:04:59,475 --> 00:05:01,895 Canada's a bear shorter block and then sell selling all. 92 00:05:01,905 --> 00:05:08,265 I don't see that it would be more apt to have high probability to go down to here. 93 00:05:08,325 --> 00:05:13,005 If it were to go above this body or this candles closed, this last little candle 94 00:05:13,005 --> 00:05:17,385 is closed because through that and then rejects that if it does that, okay. 95 00:05:17,895 --> 00:05:19,665 What we would be seeing is the rejection blocked or. 96 00:05:20,715 --> 00:05:26,354 Forcing price, the stable low, this candles close, which would be a 1 0 97 00:05:26,355 --> 00:05:30,915 6, basically one the 6, 10, 106 big figure murder, 15 pips confluence. 98 00:05:31,005 --> 00:05:31,305 Okay. 99 00:05:31,305 --> 00:05:33,015 And a little bit of a gray area we allow. 100 00:05:33,285 --> 00:05:36,225 So if we're looking for a 1 0 6 big figure, it can go as high as one who 101 00:05:36,225 --> 00:05:40,785 six 15 or stop short is low as 1 0 5 85. 102 00:05:41,655 --> 00:05:41,805 Okay. 103 00:05:41,805 --> 00:05:42,105 Signal. 104 00:05:42,105 --> 00:05:46,515 Remember to have that in your notes, but we're looking for a potential 105 00:05:46,515 --> 00:05:48,615 run above this candles body. 106 00:05:51,035 --> 00:05:55,565 And if we reject that, that would give us reason to suspect the media closing 107 00:05:55,565 --> 00:05:57,785 on this low Fairvale you got down here. 108 00:05:59,405 --> 00:06:00,515 Let me highlight that. 109 00:06:07,705 --> 00:06:07,945 Okay. 110 00:06:07,945 --> 00:06:12,895 So we have a little bit of a gap down in here, and if it runs a bow here and 111 00:06:12,895 --> 00:06:17,575 rejects and strongly rejects that we will look for price to come down here 112 00:06:17,575 --> 00:06:19,605 and then maybe ultimately make a roll. 113 00:06:20,480 --> 00:06:22,490 I don't want to have four big figure. 114 00:06:24,080 --> 00:06:30,140 What changes that, and we swing to a bull side is if we trade through these bodies 115 00:06:30,140 --> 00:06:35,900 of these candles and the wick and leave the equilibrium price point, I mean, 116 00:06:36,200 --> 00:06:41,360 from the high here on a daily and the low here on a daily, if we leave that okay. 117 00:06:41,360 --> 00:06:45,350 And we trade through the mean threshold of that last up candle here. 118 00:06:46,430 --> 00:06:46,580 Okay. 119 00:06:46,580 --> 00:06:48,620 That last bullish candle here, and that would look like this 120 00:06:54,380 --> 00:06:55,280 kind of highlight the right chart 121 00:07:09,250 --> 00:07:09,880 right in here. 122 00:07:13,780 --> 00:07:20,625 If we get above one to 6 37, That would change things to a bullish 123 00:07:21,225 --> 00:07:24,015 slant, and then we would probably make a run for the buy-side liquidity. 124 00:07:24,285 --> 00:07:26,535 I don't think it's going to go up here, run this stuff and then go lower. 125 00:07:26,535 --> 00:07:30,435 I don't think that would be the catalyst for any future direction lower. 126 00:07:30,735 --> 00:07:33,375 I think it would be indicating that we're going for the buck 127 00:07:33,385 --> 00:07:37,335 stops here and then we're going to challenge the high at 1 0 8 70. 128 00:07:38,235 --> 00:07:38,565 Okay. 129 00:07:38,565 --> 00:07:45,735 So we're bullish to neutral on Euro dollar until 1 0 6 35, 1 or six 40 130 00:07:45,735 --> 00:07:47,835 is taken out on a closing basis. 131 00:07:47,865 --> 00:07:48,615 It's got to do that. 132 00:07:48,975 --> 00:07:53,505 Then it would change market structure for the daily, because it would give up that 133 00:07:53,505 --> 00:07:55,425 means threshold of the last up candle. 134 00:07:55,725 --> 00:08:00,645 And to me personally, this is where experience comes in the rejection block 135 00:08:00,735 --> 00:08:06,045 that would normally be expected to see, um, sell off after hits it and runs lower. 136 00:08:06,345 --> 00:08:07,155 I don't expect that. 137 00:08:07,575 --> 00:08:10,425 And the reason why I don't expect that is now pay attention, because this 138 00:08:10,425 --> 00:08:12,075 is why I get a thousand questions. 139 00:08:12,075 --> 00:08:13,485 Why did you not talk about this? 140 00:08:13,485 --> 00:08:14,505 Am I giving it to you? 141 00:08:14,505 --> 00:08:14,625 Right? 142 00:08:16,155 --> 00:08:18,104 This candle, spotty. 143 00:08:18,435 --> 00:08:18,885 Okay. 144 00:08:18,914 --> 00:08:21,675 If it trades through that, I don't think it's going to hit that as a 145 00:08:21,675 --> 00:08:25,395 rejection block and then sell off because we've had this low down here 146 00:08:26,025 --> 00:08:29,085 and we cleared out the rejection block below the candles over here. 147 00:08:29,575 --> 00:08:31,575 Remember we, we disregarded this whole WIC. 148 00:08:32,355 --> 00:08:32,564 Okay. 149 00:08:32,564 --> 00:08:36,765 We were focusing primarily on this one over here, all the bodies in here, we 150 00:08:36,765 --> 00:08:39,015 cleared that out and now it's rejected. 151 00:08:39,345 --> 00:08:39,674 Okay. 152 00:08:39,674 --> 00:08:43,965 We took this low out, took this low out here, ignoring this WIC. 153 00:08:44,625 --> 00:08:44,865 Okay. 154 00:08:44,865 --> 00:08:49,064 The election wick, and then not election week. 155 00:08:49,064 --> 00:08:50,925 When am I talking about the, uh, what is that? 156 00:08:52,735 --> 00:08:58,285 January 11th, 2017. 157 00:08:59,215 --> 00:09:05,814 So in that little short-term low, we had a area of cell stops. 158 00:09:06,775 --> 00:09:11,275 It was ran out and all of those orders have been taken 159 00:09:11,275 --> 00:09:13,225 out and now they have Capitol. 160 00:09:14,204 --> 00:09:15,495 With new short-term longs. 161 00:09:16,305 --> 00:09:19,814 We cannot look at that as a short-term low yet. 162 00:09:19,995 --> 00:09:23,084 We can't say that that's a buy long-term intermediate term or swing. 163 00:09:23,505 --> 00:09:23,895 Okay. 164 00:09:23,925 --> 00:09:25,694 We can only expect that. 165 00:09:25,724 --> 00:09:26,175 Okay. 166 00:09:26,594 --> 00:09:29,474 Now that they have longs while having know that, because it's rejected that 167 00:09:29,474 --> 00:09:31,005 low and we've moved away from it. 168 00:09:32,145 --> 00:09:36,974 If we get through a level of what would be deemed bearishness okay, 169 00:09:36,974 --> 00:09:40,064 this would be the main threshold of a bearish or block that lasts up candle. 170 00:09:40,574 --> 00:09:43,785 If it can go through that on a closing basis and trade through 171 00:09:43,785 --> 00:09:47,025 it, we will be looking for it to go to this buy-side liquidity here. 172 00:09:47,055 --> 00:09:48,194 That's where all the buy stops are. 173 00:09:49,545 --> 00:09:52,305 It's not likely that's going to go up to that level here and then sell 174 00:09:52,305 --> 00:09:57,314 off because we've had 1, 2, 3 areas of sell side liquidity ran out. 175 00:09:58,574 --> 00:10:00,344 So it's only gonna want to come up to this. 176 00:10:00,344 --> 00:10:04,125 Buy-side liquidity to take off some of the portion that they may have gone 177 00:10:04,125 --> 00:10:08,175 long here yet that we're willing to let them have the early seat, let them do. 178 00:10:09,435 --> 00:10:13,425 Well, we want to do is have high probability setups that will come if 179 00:10:13,425 --> 00:10:17,895 we get through one and 6 35 and one to six 40 bullishly and then I will 180 00:10:17,895 --> 00:10:22,005 tell us, okay, we will wait for the buy-side liquidity above here, and then 181 00:10:22,005 --> 00:10:26,685 any down candle, after that, we can start looking for as a potential buy 182 00:10:27,105 --> 00:10:32,475 to set us up for a move to go to 1 0 8 75 to one to eight 90 in that area. 183 00:10:32,775 --> 00:10:33,135 Okay. 184 00:10:33,735 --> 00:10:35,175 So that's what I'm waiting for. 185 00:10:35,175 --> 00:10:39,165 And it's the framework of why I would not expect this to be traded to in and reject. 186 00:10:39,555 --> 00:10:41,595 It's more inclined to either stay in an arrow. 187 00:10:41,595 --> 00:10:44,265 Sideways consolidation will go higher. 188 00:10:44,715 --> 00:10:46,395 I don't see it going lower in here. 189 00:10:46,395 --> 00:10:47,355 I just think it's going to be stuck. 190 00:10:47,745 --> 00:10:56,055 Now that changes bearishly if we lose the body of this candle here, 1 0 5 40, 191 00:10:56,385 --> 00:11:00,105 we'll say if it goes below one to five 40, we're making a run for the sell side 192 00:11:00,105 --> 00:11:01,545 liquidity and there's no bones about it. 193 00:11:01,545 --> 00:11:02,385 It's just going to be there. 194 00:11:02,385 --> 00:11:03,765 No, no muss, no fuss. 195 00:11:04,724 --> 00:11:07,844 But the catalyst on the outside, we're watching a few things in here that would 196 00:11:08,145 --> 00:11:15,314 indicate and qualify rather a longer-term swing up to that 1 0 8 7108 90 level. 197 00:11:18,655 --> 00:11:18,954 Okay. 198 00:11:18,984 --> 00:11:19,765 Pound dollar. 199 00:11:22,635 --> 00:11:22,814 Okay. 200 00:11:22,814 --> 00:11:24,944 So I had a really nice rejection, uh, block here. 201 00:11:24,974 --> 00:11:26,655 Bias liquidity was taken. 202 00:11:27,084 --> 00:11:29,324 I was questioned whether or not we were going to have some upside. 203 00:11:29,564 --> 00:11:33,675 And because Euro, I think was a rallying, I think that's the 204 00:11:33,675 --> 00:11:34,604 reason why they were asking. 205 00:11:35,354 --> 00:11:39,704 And I said, no, I didn't believe that that we were capping in squaring for the week. 206 00:11:41,025 --> 00:11:43,064 And we came home, went back down into the range. 207 00:11:43,275 --> 00:11:46,694 So again, I cannot stress this enough. 208 00:11:46,844 --> 00:11:49,454 This is not something I'm beating my chest about being, making money. 209 00:11:49,905 --> 00:11:55,035 I'm trying to tell you, because most of you that were trying to 210 00:11:55,035 --> 00:11:57,135 trade this pair are feeling it now. 211 00:11:57,615 --> 00:11:58,005 Okay. 212 00:11:58,064 --> 00:11:59,625 And that's a lesson you did not have to be. 213 00:12:00,465 --> 00:12:03,645 You could have been on your sidelines waiting just like we all have been 214 00:12:04,185 --> 00:12:08,055 and not had endured any of the pain of trying to take live trades in this pair. 215 00:12:08,055 --> 00:12:10,875 When I told you not to do it now, you're feeling it. 216 00:12:11,325 --> 00:12:11,715 Okay. 217 00:12:12,165 --> 00:12:14,385 A couple of you aren't replying to my email. 218 00:12:15,165 --> 00:12:16,785 I think it's still stinging you. 219 00:12:16,815 --> 00:12:17,175 Okay. 220 00:12:17,205 --> 00:12:18,225 But learn from that. 221 00:12:18,495 --> 00:12:18,795 Okay. 222 00:12:18,795 --> 00:12:22,905 If I tell you, stay away from something, believe me, treat it like a rattlesnake. 223 00:12:22,905 --> 00:12:23,655 That's pissed off. 224 00:12:23,655 --> 00:12:24,735 You don't want to get near it. 225 00:12:24,945 --> 00:12:25,695 It's going to burn you. 226 00:12:25,965 --> 00:12:27,675 Don't touch it, leave it alone. 227 00:12:27,675 --> 00:12:29,805 There's other things to be dealing or waiting for. 228 00:12:30,255 --> 00:12:30,495 Okay. 229 00:12:30,495 --> 00:12:35,085 So without belaboring labor anymore that we have moved back into 230 00:12:35,085 --> 00:12:36,795 the consolidation on this pair. 231 00:12:38,085 --> 00:12:41,805 And again, I do not know what it wants to do. 232 00:12:42,435 --> 00:12:43,275 Only one short term. 233 00:12:43,275 --> 00:12:45,885 And that's the only reason why I said up here and really what I was doing 234 00:12:45,885 --> 00:12:50,355 was blending short-term and day trading ideas that to me, without having 235 00:12:50,355 --> 00:12:52,665 brought it into the conversation, because it's not really the, our 236 00:12:52,665 --> 00:12:54,015 point of discussion for this month. 237 00:12:54,625 --> 00:12:56,625 That was the reason why I said we would get up to these levels. 238 00:12:57,435 --> 00:12:57,795 Okay. 239 00:12:57,854 --> 00:13:03,525 Not that that's a trade cause it's not, not that it's a, um, a play for 240 00:13:03,525 --> 00:13:05,834 the content that we have for this month, because you're gonna learn 241 00:13:05,834 --> 00:13:08,714 in the short term trading, you can work inside of the trading ranges. 242 00:13:09,045 --> 00:13:09,224 Okay. 243 00:13:09,224 --> 00:13:12,675 So the question I got over the weekend was are, you know, you say we have to 244 00:13:12,675 --> 00:13:16,365 trade this way for swing trades, but if it's range-bound, we can't swing trade. 245 00:13:16,545 --> 00:13:18,464 So are we ever going to learn how to trade and ranges? 246 00:13:18,525 --> 00:13:20,385 Yes, that's, short-term trading. 247 00:13:21,285 --> 00:13:25,485 You'll always have a way of trading in any kind of market condition, except 248 00:13:25,485 --> 00:13:29,474 for seeking the steroid and seeking shoring is basically an intraday session. 249 00:13:29,834 --> 00:13:31,185 Sometimes you're not going to see it come. 250 00:13:31,694 --> 00:13:35,355 You'll get, you know, initial move that helps you make money, but 251 00:13:35,355 --> 00:13:38,084 then it alternately turn against you and moving into a loss. 252 00:13:38,355 --> 00:13:41,295 If you go back in one more time and try to push that issue and try to take 253 00:13:41,295 --> 00:13:44,444 a little trade, you'll get burned and you quickly realize it's going nowhere, 254 00:13:44,444 --> 00:13:46,214 but back and forth taking the stops. 255 00:13:46,724 --> 00:13:49,454 That's the only condition that I have that I can't make money in. 256 00:13:50,055 --> 00:13:52,785 So apart from that, there's always something to do. 257 00:13:53,640 --> 00:13:56,790 But we can't do scalping and short term trading and I'm sorry. 258 00:13:56,790 --> 00:13:57,000 Yeah. 259 00:13:57,090 --> 00:14:01,560 And then day trading and swing trading content, but you'll see all these 260 00:14:01,560 --> 00:14:03,240 things that are making mention of. 261 00:14:03,240 --> 00:14:07,950 Now I'll tell you in a contents that go back to that time when I was referring 262 00:14:07,950 --> 00:14:09,630 to this level, and now it'll make sense. 263 00:14:10,080 --> 00:14:10,440 Okay. 264 00:14:11,010 --> 00:14:13,800 But too many of you are trying to jump to the end of the unit, the 265 00:14:13,800 --> 00:14:16,380 mentorship, and then look backwards and try to fill in the gap. 266 00:14:16,440 --> 00:14:17,340 It doesn't work that way. 267 00:14:17,790 --> 00:14:20,220 You got to work from the higher timeframe, understand that 268 00:14:20,400 --> 00:14:21,900 refined down to a lower timeframe. 269 00:14:21,930 --> 00:14:24,660 Once you do that, it's easy to go from a lower timeframe up. 270 00:14:25,410 --> 00:14:29,820 It's hard to build a discipline and wait for the levels in the context 271 00:14:29,820 --> 00:14:32,700 from the higher timeframes and use that down to a lower timeframe. 272 00:14:33,810 --> 00:14:37,290 It's it seems counterintuitive to do that, but that's exactly 273 00:14:37,290 --> 00:14:38,070 what you're supposed to be doing. 274 00:14:38,790 --> 00:14:42,300 And by applying higher timeframe market profiling, it's either 275 00:14:42,300 --> 00:14:43,470 consolidating or it's moving. 276 00:14:43,860 --> 00:14:46,350 And I don't care if it's going to moving higher or lower, but if it can't move 277 00:14:46,350 --> 00:14:48,750 out of its range, that's a day trader. 278 00:14:49,680 --> 00:14:53,730 That's a scalpers paradise, but that's not what we're teaching this month. 279 00:14:53,970 --> 00:15:00,600 So just as a reminder, this payer has done exactly what we feared it would do. 280 00:15:00,630 --> 00:15:04,230 If we failed to go above this old high back here, which is on a daily, 281 00:15:04,620 --> 00:15:08,580 if we failed at this high and came back down, I said, it's in video. 282 00:15:08,910 --> 00:15:12,600 This player would probably stay inside of a range because it's stuck. 283 00:15:13,050 --> 00:15:14,520 It's stuck between two breakers. 284 00:15:14,940 --> 00:15:16,860 We have a bullish, I'm sorry, bear's breaker here. 285 00:15:16,860 --> 00:15:17,910 And a bullish breaker here. 286 00:15:19,050 --> 00:15:23,640 So it's in a, it's confined in a larger, higher timeframe fractal. 287 00:15:24,060 --> 00:15:28,680 And if that happens, you have to identify that and say, okay, we're probably going 288 00:15:28,680 --> 00:15:33,090 to stay in a range and you continuously hold that thought process until it 289 00:15:33,330 --> 00:15:34,980 decisively moves out of that range. 290 00:15:35,340 --> 00:15:38,520 And it would have to get above the highs in here and this location. 291 00:15:39,510 --> 00:15:42,840 Otherwise, we're going to expect to see the same thing in here where 292 00:15:42,840 --> 00:15:45,570 everybody else is getting chopped up, trying to buy trend lines and 293 00:15:45,990 --> 00:15:48,330 sell divergences and buy divergences. 294 00:15:48,330 --> 00:15:49,320 They're getting murdered. 295 00:15:49,620 --> 00:15:50,040 Okay. 296 00:15:50,850 --> 00:15:53,640 Unless they're in a day trading capacity, if they're trading anything 297 00:15:53,640 --> 00:15:57,480 off of a higher timeframe for our higher it's, they're getting beat 298 00:15:57,480 --> 00:15:59,820 up and you're being kept from that. 299 00:16:00,930 --> 00:16:04,980 So again, if that was the only lesson you learned this month, that's 300 00:16:04,980 --> 00:16:09,900 worth its monthly payment by itself because I lost tons of money forcing 301 00:16:09,900 --> 00:16:11,280 trades in these kinds of conditions. 302 00:16:11,640 --> 00:16:14,580 So again, it's right there in front of your chart, your charts 303 00:16:14,580 --> 00:16:16,020 are probably very close to mine. 304 00:16:16,320 --> 00:16:16,530 Okay. 305 00:16:16,530 --> 00:16:18,360 So think about it. 306 00:16:18,750 --> 00:16:23,310 You've saved yourself a lot of unnecessary pain and monetary loss, 307 00:16:23,670 --> 00:16:24,900 if you will, if you'd listened. 308 00:16:25,380 --> 00:16:25,710 Okay. 309 00:16:25,710 --> 00:16:28,440 And to the folks that have listened, they said, you know, in emails 310 00:16:28,610 --> 00:16:33,060 and private discussions, that it's amazing how we can forecast 311 00:16:33,060 --> 00:16:34,230 when the market goes into a range. 312 00:16:34,920 --> 00:16:36,390 Most people can't do that. 313 00:16:36,750 --> 00:16:38,160 Most traders can't. 314 00:16:40,240 --> 00:16:42,760 Anybody can get lucky and pick a buy signal or a sell signal. 315 00:16:43,120 --> 00:16:48,819 But knowing when not to trade, that is the number one thing that every trader, 316 00:16:48,849 --> 00:16:52,780 if they were mature enough to understand what it is looking back on their career, 317 00:16:53,079 --> 00:16:56,740 if they could go into one thing and talk about how they can improve one 318 00:16:56,740 --> 00:17:02,500 area is when I should not be trying to trade guaranteed gerund damn tea. 319 00:17:02,530 --> 00:17:05,649 That's the one thing that I wish I could go back in time and change. 320 00:17:05,680 --> 00:17:08,950 Cause that's where the most of my losses came from being in a 321 00:17:08,950 --> 00:17:10,869 condition that was being forced. 322 00:17:11,859 --> 00:17:15,940 I was forcing the trade because I was impatient and I just needed to do 323 00:17:15,940 --> 00:17:17,889 something and you can't do that stuff. 324 00:17:17,920 --> 00:17:20,649 And what we're looking at now is this can't happen. 325 00:17:22,359 --> 00:17:24,250 So cable we're still on the sidelines with that. 326 00:17:24,520 --> 00:17:25,180 We're neutral. 327 00:17:25,659 --> 00:17:27,010 We're going to maintain the range. 328 00:17:27,010 --> 00:17:30,790 That's been defined by this low, here on a daily and the high there's absolutely 329 00:17:30,790 --> 00:17:35,379 nothing to do for this pair right now, nothing is going back and forth 330 00:17:35,379 --> 00:17:36,280 and pull them back to the middle of. 331 00:17:37,470 --> 00:17:45,179 And just leave a $1 CAD similar same thing, just, uh, just opposite in 332 00:17:45,179 --> 00:17:50,129 terms of, um, not really knowing what side of the marketplace at once. 333 00:17:50,639 --> 00:17:55,110 Uh, it doesn't have any clear levels in here, nothing to, to draw clear 334 00:17:55,169 --> 00:18:00,179 higher-level, um, institutional order flow from we'd left the equal highs up here. 335 00:18:00,179 --> 00:18:00,929 I like that. 336 00:18:01,500 --> 00:18:05,250 I do think that that's going to be, uh, a significant level 337 00:18:05,250 --> 00:18:06,960 to work with at a later time. 338 00:18:06,990 --> 00:18:11,429 Not right now, there's simply nothing for me to build an eye 339 00:18:11,429 --> 00:18:12,899 bullish or bears ideal one. 340 00:18:13,740 --> 00:18:14,790 We're still stuck in a range. 341 00:18:14,790 --> 00:18:19,260 We have the low here and the equal highs, simply nothing to do. 342 00:18:19,470 --> 00:18:22,230 I mean, this is a period that you would not be touching at all. 343 00:18:22,470 --> 00:18:23,520 You won't be doing anything with it. 344 00:18:23,520 --> 00:18:24,450 You wouldn't be day trading it. 345 00:18:24,690 --> 00:18:25,710 You would not be scalping. 346 00:18:25,710 --> 00:18:27,960 It you'd be waiting for new setups. 347 00:18:28,620 --> 00:18:30,540 So you have to sit on your hands on this one. 348 00:18:30,540 --> 00:18:31,080 There's nothing here. 349 00:18:31,800 --> 00:18:33,720 We do have some conditions for the Euro dollar. 350 00:18:33,720 --> 00:18:36,629 So keep that in mind, we're watching the Euro dollar for a particular 351 00:18:36,629 --> 00:18:38,850 outcome and that'll give us framework. 352 00:18:39,120 --> 00:18:42,180 We're watching the dollar index to, uh, to see if we're going to hold 353 00:18:42,180 --> 00:18:43,680 it, that bullish weekly order block. 354 00:18:44,460 --> 00:18:46,290 So there's two conditions that we are following. 355 00:18:46,290 --> 00:18:47,899 It's not that we're all neutral across the board. 356 00:18:47,920 --> 00:18:51,600 There's nothing to do, but I'm giving you the reasons why we're neutral on 357 00:18:51,780 --> 00:18:53,550 cable and why we're neutral on cat. 358 00:18:58,660 --> 00:18:58,899 Okay. 359 00:18:58,960 --> 00:18:59,830 All the dollar. 360 00:19:00,220 --> 00:19:05,230 Uh, this one, I think it may end up surprising one more time with a rally. 361 00:19:05,710 --> 00:19:07,360 It simply just doesn't want to go down. 362 00:19:07,810 --> 00:19:12,490 Um, I don't, I don't know what level it would reach for beyond the 77 50 level. 363 00:19:12,940 --> 00:19:18,399 Um, if it wants to go 78 big figure, that's certainly, you know, in the 364 00:19:18,399 --> 00:19:20,889 possibility that we have an old high back. 365 00:19:23,785 --> 00:19:25,375 At 77, 78. 366 00:19:25,375 --> 00:19:27,475 So based that's at 77 80 institutional level. 367 00:19:27,475 --> 00:19:31,195 So if they drive it there, they're going to really try to make a run to that 7,800. 368 00:19:31,525 --> 00:19:37,315 And to me personally, um, let's just do it for a humor. 369 00:19:38,365 --> 00:19:42,925 If we pull up a indicator, I want to see if there's any bears divergence 370 00:19:42,925 --> 00:19:46,015 in the oscillators that people will be using on a daily chart. 371 00:19:46,015 --> 00:19:49,225 And you can pretty much almost guarantee it's probably in here cause it's been 372 00:19:49,225 --> 00:19:53,245 making stab higher, higher, higher, higher, and it probably didn't matter. 373 00:19:53,245 --> 00:19:56,455 He gets all over the place now many times, is it there diverged, variously, 374 00:19:56,815 --> 00:19:58,195 and then that's the one you sell out. 375 00:19:58,795 --> 00:20:00,595 There's all kinds of bears divergence in here. 376 00:20:00,955 --> 00:20:04,045 And me personally, if you're going to use indicators, I think model ended 377 00:20:04,045 --> 00:20:08,725 up probably happening is we're ended up making a trend following hidden 378 00:20:09,595 --> 00:20:13,045 bullish, divergence, looking at the lows, we'll see a lower, low, and a 379 00:20:13,045 --> 00:20:14,815 stochastic where the higher level. 380 00:20:15,990 --> 00:20:17,310 And the price and that'll drive higher. 381 00:20:17,310 --> 00:20:20,760 And then people that using the carriers will just walk away thinking, well, 382 00:20:23,310 --> 00:20:27,810 I'm not sure what happened there, but momentum just because it's measuring 383 00:20:27,810 --> 00:20:28,770 something that's already happened. 384 00:20:28,770 --> 00:20:31,860 That's not likely to build a high probability setup. 385 00:20:31,889 --> 00:20:35,040 I think personally, they're going to surprise one more time. 386 00:20:35,040 --> 00:20:39,660 What's another drive above that 77 50 level, if we get to a 78. 387 00:20:40,080 --> 00:20:40,379 Great. 388 00:20:40,860 --> 00:20:45,180 But I just personally want to see it go to 77 50, just for general principle. 389 00:20:46,050 --> 00:20:50,490 If we lose the levels that we're at right now, I've moved the 390 00:20:50,490 --> 00:20:52,230 sell-side liquidity pool up to here. 391 00:20:52,260 --> 00:20:53,400 We were down below here. 392 00:20:53,970 --> 00:20:56,010 If we break this level, then it would return back to here. 393 00:20:56,010 --> 00:20:59,340 But right now all the cell stops are sitting right below this low here. 394 00:21:00,270 --> 00:21:02,129 And you can see that one a four out very clearly. 395 00:21:03,540 --> 00:21:06,960 I don't suspect that it wants to run there from where we're at now. 396 00:21:07,590 --> 00:21:08,370 Um, and the reason why. 397 00:21:08,370 --> 00:21:10,830 Cause if you look at the low to high. 398 00:21:11,940 --> 00:21:13,470 We're essentially above equilibrium. 399 00:21:13,590 --> 00:21:16,170 We've already tried to trade the equilibrium right down here 400 00:21:16,649 --> 00:21:17,670 and we've bounced off of it. 401 00:21:18,240 --> 00:21:21,810 So if we run in here, it's just going to make another run or an attempt to get 402 00:21:21,810 --> 00:21:25,770 above this high and blow out all those individuals that want to, for whatever 403 00:21:25,770 --> 00:21:29,639 reason they want to sell the year, uh, the ALTE dollar and this pair we've been 404 00:21:29,639 --> 00:21:33,240 talking about since December, how it has relative strength behind it, it has 405 00:21:33,540 --> 00:21:35,250 interest rate differentials going for it. 406 00:21:35,700 --> 00:21:39,300 It's just, you don't want to sell this kind of currency. 407 00:21:39,360 --> 00:21:43,080 You don't want to, you want to be focused, primarily being a buyer only on it. 408 00:21:43,620 --> 00:21:45,480 And every single time it sells off. 409 00:21:45,510 --> 00:21:46,379 It's very moot. 410 00:21:46,500 --> 00:21:48,480 It's it doesn't doesn't move much. 411 00:21:48,870 --> 00:21:52,620 But notice the times that it rallies, it reaches for a logical area of liquidity. 412 00:21:53,070 --> 00:21:54,030 When it drops down. 413 00:21:54,120 --> 00:21:57,660 It's not so clear as it's not as apparent what it wants to go down to. 414 00:21:57,780 --> 00:22:00,149 I mean, it goes down to a logical area of support in terms of 415 00:22:00,149 --> 00:22:01,590 Polish or box as we teach it. 416 00:22:02,160 --> 00:22:05,879 But from a retail perspective, there's nothing down there logically for it to be. 417 00:22:06,855 --> 00:22:07,905 So it's a mess. 418 00:22:08,264 --> 00:22:12,405 So what is it, what does it mean for a uninformed trader the uninitiated? 419 00:22:12,405 --> 00:22:14,655 It's going to look at this and say, well, this is clearly a sell. 420 00:22:15,524 --> 00:22:17,504 There's all kinds of highs forming it. 421 00:22:17,504 --> 00:22:18,345 Can't go higher. 422 00:22:18,584 --> 00:22:20,145 So let's look at the indicators. 423 00:22:20,145 --> 00:22:21,794 Indicators are bearishly diverging. 424 00:22:21,794 --> 00:22:23,745 So where are they going to be doing they're selling? 425 00:22:24,645 --> 00:22:28,304 And if you go across the board and look at for everybody's opinion about Aussie 426 00:22:28,304 --> 00:22:31,725 dollar, they're probably going to have a higher, heavy net short opinion. 427 00:22:32,294 --> 00:22:34,485 And to me, that's a wonderful condition. 428 00:22:34,754 --> 00:22:37,365 If I had control price, I'd run up to 77 55. 429 00:22:38,504 --> 00:22:40,784 That's what I would personally do from where we're at right now. 430 00:22:40,814 --> 00:22:43,425 I'd run it there and it would kill everybody that's 431 00:22:43,425 --> 00:22:44,355 already got in short position. 432 00:22:44,445 --> 00:22:47,205 And then if he starts to break down, then it might be worthy then. 433 00:22:47,235 --> 00:22:48,945 But right now I wouldn't touch it. 434 00:22:49,875 --> 00:22:54,615 So look for a consolidation to another pass, the 77 50 to 435 00:22:54,615 --> 00:22:57,044 78 day Creeker potentially. 436 00:22:57,840 --> 00:23:00,480 But I don't want to see any sell-offs in here because it just 437 00:23:00,480 --> 00:23:01,830 doesn't make any sense to do so. 438 00:23:02,100 --> 00:23:05,190 Fundamentally, if you want to say it like that interest rates are still 439 00:23:05,310 --> 00:23:07,260 the deciding factor for this currency. 440 00:23:07,860 --> 00:23:11,820 And just because an indicator bears just diverges bears, like, and you know, 441 00:23:11,820 --> 00:23:13,470 we're doing a momentary stall here. 442 00:23:13,740 --> 00:23:15,330 It doesn't mean it can't make one more pass higher. 443 00:23:15,629 --> 00:23:19,800 I mean, we call this one higher up here, missed it by one PIP on the objective, 444 00:23:20,280 --> 00:23:23,160 but I guarantee everybody saw this higher high here in a bear's divergent and they 445 00:23:23,160 --> 00:23:24,370 were seeing this sell off thinking, okay. 446 00:23:24,370 --> 00:23:26,490 Case end of the races for Aussie. 447 00:23:26,640 --> 00:23:27,600 So it's going, gonna start going lower. 448 00:23:28,710 --> 00:23:28,950 Nope. 449 00:23:29,129 --> 00:23:33,870 That's when the pain came and I think they got one more knuckle sandwich for 450 00:23:33,870 --> 00:23:36,629 the, uh, the bears for, uh, Aldi dollar. 451 00:23:38,640 --> 00:23:38,879 All right. 452 00:23:38,879 --> 00:23:44,670 So Euro pound, uh, this pair is shown really nice, uh, introduction. 453 00:23:44,670 --> 00:23:44,820 Wow. 454 00:23:44,820 --> 00:23:45,180 Look at that. 455 00:23:45,780 --> 00:23:46,080 Close. 456 00:23:46,080 --> 00:23:52,050 A small little fair value gap in here on the four hour and I, I'm not mistaken. 457 00:23:52,140 --> 00:23:52,950 I think. 458 00:23:53,940 --> 00:23:54,450 Yeah, we did. 459 00:23:54,450 --> 00:23:55,320 We trade rate up until. 460 00:23:57,050 --> 00:24:01,520 For our weekly order block weekly for our bears roadblock. 461 00:24:02,030 --> 00:24:05,270 And we will be looking for this. 462 00:24:06,050 --> 00:24:07,040 Wow, I like this. 463 00:24:07,760 --> 00:24:11,150 We had 1, 2, 3 times lower. 464 00:24:12,050 --> 00:24:13,790 We rejected very nicely off of that. 465 00:24:14,510 --> 00:24:21,080 If we can, if we can get above this level here, let's note that right now 466 00:24:31,260 --> 00:24:33,500 for our weekly order block to hell, not talking about 467 00:24:36,540 --> 00:24:38,560 85, 50 80. 468 00:24:38,560 --> 00:24:44,010 If we give, if we can get above 85 50, I really, really, really like 469 00:24:44,010 --> 00:24:45,360 the long side of the Euro dollar. 470 00:24:46,950 --> 00:24:48,389 I will really like that. 471 00:24:48,490 --> 00:24:51,600 That means we can stay consolidated on dollar index and maybe go lower. 472 00:24:52,650 --> 00:24:57,330 So if this pair it gets above here, That will probably help us in our deciding 473 00:24:57,330 --> 00:25:02,700 factor about this dollar index, because we could be making an enemy term high up here 474 00:25:03,210 --> 00:25:08,370 or maintain a larger consolidation on the dollar index that would still free up the 475 00:25:08,370 --> 00:25:10,290 opportunity for the Euro dollar to rally. 476 00:25:10,650 --> 00:25:15,000 And that would also bode well for what we're assuming here. 477 00:25:15,150 --> 00:25:17,220 If we go above this level here, that probably means that 478 00:25:17,220 --> 00:25:18,360 we've made as long-term low. 479 00:25:19,110 --> 00:25:21,750 And then we would probably want to come up here and close the void that's been noted. 480 00:25:23,460 --> 00:25:24,360 So this is really good. 481 00:25:24,360 --> 00:25:27,660 If we get above here on a closing basis, we will be really looking for 482 00:25:28,050 --> 00:25:33,720 bullish ideas on the Euro pounds to support buys in the Euro dollar and 483 00:25:33,780 --> 00:25:35,760 potentially maybe even sells in cable. 484 00:25:36,810 --> 00:25:37,920 That's an interesting thought there. 485 00:25:37,980 --> 00:25:38,790 So think about that one. 486 00:25:40,020 --> 00:25:40,290 All right. 487 00:25:40,290 --> 00:25:45,420 So K a gold go, came up and hit a level 1260. 488 00:25:45,420 --> 00:25:49,200 We outlined that in, uh, the teachings, uh, last week. 489 00:25:50,100 --> 00:25:53,969 And 1255 for five points below the level I'd like to look for. 490 00:25:54,419 --> 00:25:55,500 Uh, he was hit also. 491 00:25:55,649 --> 00:25:57,719 So it was really, really nice to see that happen. 492 00:25:58,320 --> 00:26:02,340 Also notice that gold is not trying to go lower. 493 00:26:02,340 --> 00:26:04,409 It's still holding in and it's consolidating in here. 494 00:26:04,889 --> 00:26:09,689 So we might be looking for a lot more upside for gold if we 495 00:26:09,689 --> 00:26:11,189 see a weakness in dollar index. 496 00:26:11,370 --> 00:26:14,969 So, uh, just toss this in here, tinfoil hat stuff a little bit. 497 00:26:15,479 --> 00:26:18,780 Um, and there's been a lot of discussions about the administration 498 00:26:18,810 --> 00:26:26,189 from the Trump presidency, a lot of real reasons for a cause for concern. 499 00:26:26,879 --> 00:26:33,750 And that's causing a lot of international investors to move out of high risk 500 00:26:33,780 --> 00:26:37,260 assets like stocks and things like that. 501 00:26:37,649 --> 00:26:39,689 And they're rotating into buying gold. 502 00:26:40,080 --> 00:26:43,860 And you're seeing that from the whole December time period, uh, 503 00:26:43,889 --> 00:26:46,919 when it was already shored up that Donald Trump was our president. 504 00:26:47,550 --> 00:26:48,300 We also see. 505 00:26:49,740 --> 00:26:54,070 Uh, there's a correlation between that. 506 00:26:54,070 --> 00:27:00,520 And, uh, the, um, I guess the confirmation from our electoral college stating 507 00:27:00,520 --> 00:27:04,450 that they were going to go with the Donald Trump election presidency. 508 00:27:04,450 --> 00:27:05,650 And there it is. 509 00:27:05,650 --> 00:27:08,470 So we have been moving higher in gold. 510 00:27:09,880 --> 00:27:13,180 There's a lot of talks and discussions about what could potentially happen. 511 00:27:13,180 --> 00:27:14,890 And I got to fill your head out with that now here. 512 00:27:14,890 --> 00:27:19,210 But I do suspect I'll probably be doing a video on my free stuff in my free YouTube 513 00:27:19,240 --> 00:27:23,140 channel this weekend with a rant, because I think that we have some storm clouds 514 00:27:23,140 --> 00:27:27,370 brewing that may end up, and I'm not going to get technical and talk about levels and 515 00:27:27,370 --> 00:27:29,140 teach you where to buy and where to sell. 516 00:27:29,140 --> 00:27:32,590 But I will be talking about longterm where I think golden silver could go. 517 00:27:32,830 --> 00:27:35,260 So you'll have to just permit me a little bit of Liberty there, but 518 00:27:35,260 --> 00:27:39,130 I'm not teaching them anything in this, preparing them for a potential. 519 00:27:40,260 --> 00:27:43,380 Scary time and a potential opportunity. 520 00:27:43,380 --> 00:27:46,290 They, if they use the free stuff, they may be able to pull something out of it. 521 00:27:46,320 --> 00:27:48,870 But you'll be in here with me on a day by day basis where we can 522 00:27:48,930 --> 00:27:49,890 actually take advantage of it. 523 00:27:50,250 --> 00:27:51,030 But I like gold. 524 00:27:51,210 --> 00:27:56,340 I like the fact that it's, uh, it's moving into levels that if we can 525 00:27:56,340 --> 00:27:59,310 hold and consolidate here, I don't want it to go higher right now. 526 00:27:59,760 --> 00:28:05,370 I want it to consolidate because if we can consolidate that builds in more support, 527 00:28:06,360 --> 00:28:09,360 and it also shows that they're keeping in consolidates and because they're building 528 00:28:09,360 --> 00:28:13,680 in large positions in small blocks, that's wonderful because that means they're 529 00:28:13,680 --> 00:28:15,810 going to take gold to record highs. 530 00:28:16,590 --> 00:28:19,620 And I think that we have that potential for the next 18 months. 531 00:28:19,890 --> 00:28:21,450 We could see gold at record highs. 532 00:28:21,540 --> 00:28:23,310 And you can put me on the calendar saying that today. 533 00:28:24,090 --> 00:28:25,380 So think about that. 534 00:28:26,280 --> 00:28:33,780 Um, we're gonna be launching, uh, yeah, at 1250 that, uh, that support like. 535 00:28:34,800 --> 00:28:38,010 And it becomes a significant area of concern. 536 00:28:38,040 --> 00:28:39,000 Should we drop down? 537 00:28:39,450 --> 00:28:45,330 It can, it can go down below that, like on a real strong dollar based rally, it could 538 00:28:45,330 --> 00:28:52,140 drop back down into that 1245, maybe 1244. 539 00:28:52,260 --> 00:28:53,580 I wouldn't want it to go below that. 540 00:28:54,000 --> 00:28:57,450 And preferably I'd like to see it to stay above 1250 and create 541 00:28:57,450 --> 00:29:00,810 some long-term institutional support around that 1250 level. 542 00:29:00,810 --> 00:29:04,920 Cause if we see that that would bode really, really well for me and this, 543 00:29:05,250 --> 00:29:07,410 this metal could go really far. 544 00:29:08,100 --> 00:29:12,660 And if we can get that, that also allows us to build in bullish call, 545 00:29:13,170 --> 00:29:17,070 uh, positions, where we can really, really buy, um, out of mind calls 546 00:29:17,490 --> 00:29:21,180 with the expectation that gold could explode on the upside going into 547 00:29:21,180 --> 00:29:22,500 the later portions of this year. 548 00:29:22,980 --> 00:29:23,820 I mean, we could see. 549 00:29:24,750 --> 00:29:26,730 Yeah, unbelievable buying opportunity. 550 00:29:27,060 --> 00:29:30,419 But right now, not so much elder retail wants to buy it right now. 551 00:29:30,899 --> 00:29:34,919 So I want them to be chopped up and into consolidation. 552 00:29:35,040 --> 00:29:38,220 I don't want them to be seeing higher prices and get rewarded for that. 553 00:29:38,580 --> 00:29:42,300 I'm looking at gold to want to stay sideways for a little while 554 00:29:42,360 --> 00:29:43,770 relative to the daily timeframe. 555 00:29:44,220 --> 00:29:44,520 Okay. 556 00:29:44,760 --> 00:29:48,149 If that happens, then that's wonderful because it gives us the 557 00:29:48,149 --> 00:29:51,330 opportunity to wait for all the other things to get in alignment. 558 00:29:51,690 --> 00:29:54,750 Let the dollar workout its business, let the stock market do what it's got to do. 559 00:29:55,139 --> 00:29:58,200 And then ultimately, you know, we could start seeing some really strong 560 00:29:58,200 --> 00:30:02,970 bicycles in gold around the middle part portion of this issue, because if we 561 00:30:02,970 --> 00:30:07,350 start to see the high form and equities, of course we get July, that would 562 00:30:07,350 --> 00:30:12,960 probably be indicated by really strong bullishness of gold rate before July. 563 00:30:13,470 --> 00:30:14,669 So have that in your notes too. 564 00:30:14,669 --> 00:30:19,100 So when we start looking into June, we really need to be paying attention to gold 565 00:30:19,100 --> 00:30:23,190 because if we start seeing real strong accumulation in gold ahead of July 1st. 566 00:30:24,135 --> 00:30:26,325 You already know seasonally that that's usually the time when 567 00:30:26,325 --> 00:30:29,175 stocks make a seasonal summer high and they start trading down 568 00:30:29,175 --> 00:30:30,495 lower into September, October. 569 00:30:31,065 --> 00:30:35,805 So if that's the case, then man, we really have a loaded deal where if we do 570 00:30:35,805 --> 00:30:40,185 get that crash in the stock market, gold is going to be supercharged even more. 571 00:30:40,485 --> 00:30:44,175 And again, 18 months from now, we could be at record highs on gold, but it's 572 00:30:44,175 --> 00:30:45,825 not a bicycle race at this moment. 573 00:30:45,825 --> 00:30:49,095 You have to wait for it to give you the context and preferably, I want to 574 00:30:49,095 --> 00:30:53,265 say consolidate and we'll wait for it to drop down during that consolidation 575 00:30:53,535 --> 00:30:55,815 to look for undervalued call options. 576 00:30:55,845 --> 00:30:59,625 Long-term, we'll go about three and six months out for calls way out there. 577 00:30:59,805 --> 00:31:03,615 You know, maybe 150 bucks a piece, believe me, you're paying car payments and car 578 00:31:03,615 --> 00:31:05,115 insurances and all these other things. 579 00:31:05,115 --> 00:31:05,475 Okay. 580 00:31:05,475 --> 00:31:08,505 And you probably spend a lot of money wasted, fast food stuff 581 00:31:08,505 --> 00:31:09,375 over the course of a month. 582 00:31:09,825 --> 00:31:14,295 If you spend that, you know, accumulating one call option for every available 583 00:31:14,355 --> 00:31:18,585 delivery month that we will be looking at, man, you could, you could do. 584 00:31:18,975 --> 00:31:19,815 You could do very well. 585 00:31:19,815 --> 00:31:20,385 Let's put it that way. 586 00:31:21,149 --> 00:31:23,909 But we have lots of time to build that in, but that's what I'm looking at. 587 00:31:23,909 --> 00:31:27,959 That's like a long-term horizon, what I see with gold, but we have to wait for 588 00:31:27,959 --> 00:31:29,340 all these things to come into alignment. 589 00:31:29,340 --> 00:31:33,149 But right now we don't want to see, you know, we don't want to see it run away 590 00:31:33,149 --> 00:31:36,980 from where we're at now, because the more it does that, the less likely they're 591 00:31:36,990 --> 00:31:38,219 gonna be building long-term positions. 592 00:31:38,250 --> 00:31:41,310 They did that all through, uh, this month of February. 593 00:31:41,850 --> 00:31:42,030 Okay. 594 00:31:42,030 --> 00:31:46,139 And that's the reason why we were able to call the level higher on the metal for 595 00:31:46,139 --> 00:31:49,800 this month, because we could see that the accumulation was taking place in February. 596 00:31:51,179 --> 00:31:54,810 We need to have, we need to see that happen again, just in a smaller scale 597 00:31:55,919 --> 00:31:59,399 all through here, this 10 points I like to stay at about 10 to 15 points. 598 00:31:59,399 --> 00:32:01,379 It can oscillate and you know, back and forth. 599 00:32:01,439 --> 00:32:05,340 That's what I want to see if it rallies from here, it doesn't 600 00:32:05,340 --> 00:32:06,959 mean it can't go longterm higher. 601 00:32:06,959 --> 00:32:08,760 Like we're saying, it just means that we'll have to wait 602 00:32:08,760 --> 00:32:13,320 for a longer term correction, lower or a later consolidation. 603 00:32:13,860 --> 00:32:16,620 So we're using market profiling and forecasting there to do that. 604 00:32:21,264 --> 00:32:21,445 All right. 605 00:32:21,445 --> 00:32:23,095 We're at, uh, I pulled it to weekly. 606 00:32:23,095 --> 00:32:26,215 So you guys can see what I mentioned on Friday's discussion about 607 00:32:26,215 --> 00:32:28,314 the level 12, I'm sorry, 1835. 608 00:32:28,345 --> 00:32:29,635 That's this weekly, low here. 609 00:32:30,745 --> 00:32:34,554 And we had the bodies of the canvas up here a little bit higher, but I like 1850. 610 00:32:34,554 --> 00:32:35,814 Cause this is a round number. 611 00:32:36,355 --> 00:32:39,985 Uh, I'd like the fact that, you know, we left it undone. 612 00:32:40,465 --> 00:32:43,284 Um, I'd like to see it not run it yet. 613 00:32:43,824 --> 00:32:47,845 So while I want to see 1850, just so I can have a victory lap. 614 00:32:47,905 --> 00:32:49,615 I don't want to see it from here. 615 00:32:50,034 --> 00:32:52,615 I'd rather again, see it consolidate a little loud in here 616 00:32:53,034 --> 00:32:55,345 and then go make a run for it. 617 00:32:55,345 --> 00:32:57,625 And I don't want it to see it go quickly. 618 00:32:58,105 --> 00:33:01,284 That's the other thing you don't want to see it quickly run to that 619 00:33:01,284 --> 00:33:03,385 level because if they're going to quickly run to that level, they're 620 00:33:03,385 --> 00:33:05,335 reaching for it to scale out profit. 621 00:33:05,695 --> 00:33:10,284 If it just cries it out slowly and slowly and slowly, that means that they're 622 00:33:10,284 --> 00:33:14,314 just building more and we're watching for every down candle to provide. 623 00:33:15,774 --> 00:33:19,074 Notice that we don't have any down close candles here in the daily. 624 00:33:20,395 --> 00:33:24,445 Think about that, that that in itself is a testimony to how much 625 00:33:24,445 --> 00:33:25,794 strength there is in this metal. 626 00:33:25,794 --> 00:33:27,534 And there's a lot of people buying silver right now. 627 00:33:27,835 --> 00:33:28,465 Lots of them. 628 00:33:29,245 --> 00:33:33,745 So any correction in here that sets up a long-term bicycle, we will be looking 629 00:33:33,745 --> 00:33:35,635 for call options and silver as well. 630 00:33:35,965 --> 00:33:41,485 Now, this one can really get exciting because, well, man, we got a lot 631 00:33:41,574 --> 00:33:43,435 of upside potential in this metal. 632 00:33:43,855 --> 00:33:49,105 It's the poor man's gold, so they can buy a lot of this stuff with a lot less money. 633 00:33:49,855 --> 00:33:54,564 And we can see a dynamic range on the upside long-term and man we're 634 00:33:54,564 --> 00:33:58,554 talking like 20, $30,000 per position. 635 00:33:59,335 --> 00:34:02,125 It that's, that's the, that's the potential in this move 636 00:34:02,125 --> 00:34:03,145 that we're watching unfold. 637 00:34:03,564 --> 00:34:06,355 And when this move and the daily we're laughing to see some kind 638 00:34:06,355 --> 00:34:09,145 of a short-term pullback because whatever that, when that, when that 639 00:34:09,154 --> 00:34:12,255 occurs, we are in that thing loaded. 640 00:34:13,230 --> 00:34:19,740 And we're looking for 20 to 25 30 on silver, 18 months out. 641 00:34:20,490 --> 00:34:23,220 So trust me, that's a ton of money. 642 00:34:23,430 --> 00:34:26,340 That's retirement grade type of trades, and you're done. 643 00:34:26,730 --> 00:34:28,530 You won't even want to trade four X after that. 644 00:34:28,530 --> 00:34:32,220 You'll be set, maybe not so much like that, but you, you 645 00:34:32,220 --> 00:34:33,120 know, you get what I'm saying. 646 00:34:33,300 --> 00:34:34,320 That's a big lie. 647 00:34:34,670 --> 00:34:35,940 That's a life changing event. 648 00:34:36,040 --> 00:34:37,440 You get to move something like that. 649 00:34:37,950 --> 00:34:39,630 That's a mega mega trade us for that. 650 00:34:39,690 --> 00:34:44,820 They only come around maybe 10 or 15 years, but this, this market here, again, 651 00:34:44,820 --> 00:34:46,770 like I said, it's, it's a poor man's gold. 652 00:34:47,280 --> 00:34:51,450 And I think that we're looking at a very, very precarious 653 00:34:51,450 --> 00:34:54,150 future in the U S and globally. 654 00:34:55,530 --> 00:34:59,010 And if you think about it, it's always preached, you know, by 655 00:34:59,010 --> 00:35:01,620 precious metals, you know, buy it, but we don't want to trade it 656 00:35:01,620 --> 00:35:04,290 through four X LTD or a Forex broker. 657 00:35:04,320 --> 00:35:06,270 You actually want to trade it through a commodity broker. 658 00:35:06,300 --> 00:35:08,910 And that gives me to my next point in my notes here. 659 00:35:09,420 --> 00:35:13,020 Um, everyone's asking you, where should they invest to trade commodities? 660 00:35:13,860 --> 00:35:17,970 Um, I don't, I don't know how to say this. 661 00:35:17,970 --> 00:35:18,630 Any planner? 662 00:35:19,020 --> 00:35:21,450 I can't say go with this broker. 663 00:35:22,200 --> 00:35:22,620 Okay. 664 00:35:22,860 --> 00:35:28,740 I can't do that because to do that, that opens thing up to, well, I can 665 00:35:28,830 --> 00:35:31,770 extend to get in trouble doing that, but I can say this in big terms. 666 00:35:32,700 --> 00:35:37,770 If you're in the states, there are very reputable brokerage firms that if you 667 00:35:37,770 --> 00:35:43,650 do just a quick hours survey of who's, you know, who's out in the industry 668 00:35:43,650 --> 00:35:44,970 and how long have you been in business? 669 00:35:46,020 --> 00:35:47,880 It's pretty, it's pretty. 670 00:35:49,355 --> 00:35:51,305 And explanatory who you should be trading with. 671 00:35:51,785 --> 00:35:54,634 Uh, if you have a little bit more money than most, uh, and you can 672 00:35:54,634 --> 00:35:59,645 afford to, um, to be with a, a broker like a interactive broker, uh, 673 00:35:59,674 --> 00:36:00,725 they give you a lot of flexibility. 674 00:36:00,725 --> 00:36:03,725 You can trade both stocks and commodities and options and all that business. 675 00:36:04,205 --> 00:36:11,705 Um, I personally feel that if you have the ability to trade, you want to be any 676 00:36:11,705 --> 00:36:13,714 broker to allow that type of flexibility. 677 00:36:14,194 --> 00:36:18,245 That means they can allow you to trade and, uh, and they can execute for 678 00:36:18,245 --> 00:36:22,835 you both in commodities and in other asset classes like stocks and Forex. 679 00:36:23,524 --> 00:36:27,335 Uh, but some of you immediately, you probably aren't prepared to be able 680 00:36:27,335 --> 00:36:30,754 to trade with that much money in terms of starting the account size, 681 00:36:31,294 --> 00:36:35,615 but eventually you will so have that in your, in your plan of action. 682 00:36:35,615 --> 00:36:39,095 So you may be forced to start with a smaller account, and you may 683 00:36:39,095 --> 00:36:41,794 have to start with a broker that only allows you to do FX right now. 684 00:36:43,245 --> 00:36:43,785 That's fine. 685 00:36:43,875 --> 00:36:45,435 There's going to be stock moves every year. 686 00:36:45,825 --> 00:36:48,495 There's going to be mega ma mega trades every year. 687 00:36:48,674 --> 00:36:49,005 Okay. 688 00:36:49,005 --> 00:36:52,485 And just because we're calling silver and gold to be really, really high, 18 months 689 00:36:52,485 --> 00:36:56,805 out, it doesn't go from where we're at now to 18 month highs in a straight line. 690 00:36:56,805 --> 00:36:57,404 It doesn't do that. 691 00:36:57,855 --> 00:36:59,714 There's going to be other opportunities to get in. 692 00:36:59,865 --> 00:37:07,335 So don't force what small little short term constraints you have right now 693 00:37:07,755 --> 00:37:09,435 and make them into lifetime shackles. 694 00:37:09,464 --> 00:37:10,095 Don't do that. 695 00:37:10,275 --> 00:37:10,665 Okay. 696 00:37:10,694 --> 00:37:16,185 You can go into a lot of other things, but you gotta get through smaller obstacles 697 00:37:16,185 --> 00:37:18,855 first and do well with the smaller things. 698 00:37:19,365 --> 00:37:20,535 You have a whole career ahead of you. 699 00:37:20,685 --> 00:37:26,444 So don't think that you, you have to have every single move, the stock market crash. 700 00:37:26,444 --> 00:37:30,165 Someone who probably won't be able to participate in that, but you'll probably 701 00:37:30,435 --> 00:37:34,875 be able to participate in the rally and in gold and silver, which one are you going 702 00:37:34,875 --> 00:37:39,915 to be upset about missing the crash in the stocks or missing the golden silver rally? 703 00:37:40,875 --> 00:37:41,435 Because you're going to miss. 704 00:37:42,299 --> 00:37:44,970 You can't be in both of them in case you can't be in all three of them, 705 00:37:45,240 --> 00:37:47,339 because to do that, you actually over leveraging your account. 706 00:37:47,609 --> 00:37:49,859 You're putting too many things in for the same trade. 707 00:37:50,430 --> 00:37:54,600 So if we're going to expect to see a crash in equities, that's 708 00:37:54,600 --> 00:37:56,430 going to surge gold to the moon. 709 00:37:57,089 --> 00:37:59,580 And it's also going to send silver higher and sympathy. 710 00:37:59,580 --> 00:38:01,529 Because again, it's the poor, man's gold. 711 00:38:01,529 --> 00:38:03,959 Everyone's gonna be buying that and they're already buying tons of it. 712 00:38:05,609 --> 00:38:08,879 It goes without saying, you have to figure out what you're going to do right now. 713 00:38:09,120 --> 00:38:12,089 You build it in your mind, put together a plan of action. 714 00:38:12,089 --> 00:38:12,450 So, okay. 715 00:38:12,450 --> 00:38:14,430 Well, I want to be focusing on the silver rally. 716 00:38:14,430 --> 00:38:17,189 I want to be focusing on the gold rally, or I want to be focusing primarily 717 00:38:17,220 --> 00:38:18,359 just on the stock market crash. 718 00:38:19,410 --> 00:38:21,569 And then you decide that this week figure it out. 719 00:38:21,930 --> 00:38:23,009 And that's what you're gonna stick to. 720 00:38:23,669 --> 00:38:26,129 We'll be able to call all three of them. 721 00:38:26,459 --> 00:38:26,759 Okay. 722 00:38:26,759 --> 00:38:28,200 But I'm not in all three of them. 723 00:38:28,410 --> 00:38:32,189 I'm going to weigh out which, which has the best bang for the buck. 724 00:38:32,549 --> 00:38:32,759 Okay. 725 00:38:32,759 --> 00:38:35,029 I'm gonna look at the evaluations on put options on, on. 726 00:38:36,790 --> 00:38:42,880 Um, S and P puts, or I'm going to look at, um, the call options on gold. 727 00:38:42,970 --> 00:38:46,300 And I'm gonna look at the cost it's on silver, whichever one has the 728 00:38:46,360 --> 00:38:48,520 better play for undervalue options. 729 00:38:48,850 --> 00:38:52,060 That's where I'm going, because they're all, you're all three going 730 00:38:52,060 --> 00:38:54,160 to have a millionaire maker condition. 731 00:38:54,250 --> 00:38:56,410 I mean, they're just, they are going to move a lot. 732 00:38:57,630 --> 00:38:59,170 It doesn't matter which one you're in. 733 00:38:59,170 --> 00:39:01,120 It just means how much money can you afford to trade? 734 00:39:01,150 --> 00:39:05,470 I mean, they're all going to make money, but how much can you afford? 735 00:39:05,530 --> 00:39:10,230 I mean, the call options on gold may be really expensive versus the coughs and 736 00:39:10,240 --> 00:39:14,380 silver versus the put options in equities. 737 00:39:14,590 --> 00:39:18,760 I think personally, um, as we keep going higher, if you start watching the, put 738 00:39:19,090 --> 00:39:23,980 the call ratio, um, and also start looking at the evaluations of puts, uh, they're 739 00:39:23,980 --> 00:39:25,240 gonna start getting more expensive. 740 00:39:25,690 --> 00:39:27,130 Uh, the diseases. 741 00:39:28,080 --> 00:39:31,860 Um, and they're really overpricing call options because there's talk now. 742 00:39:32,460 --> 00:39:35,280 No doubt, 40,000 and doubt, 86,000. 743 00:39:35,550 --> 00:39:37,860 I mean, got some really stupid storylines going on across the 744 00:39:38,100 --> 00:39:39,350 internet right now, a hundred thousand. 745 00:39:39,360 --> 00:39:44,460 Now look, man, if I see a hundred thousand now, between now, and when I lay my 746 00:39:44,460 --> 00:39:46,920 head down for the first time, you know, whoever made that call, I'll send them 747 00:39:46,920 --> 00:39:48,720 a million dollars in a cashier's check. 748 00:39:48,720 --> 00:39:50,910 There's no way that's that that's not happening. 749 00:39:51,210 --> 00:39:53,760 There's no way we're seeing down 100,000 in my lifetime. 750 00:39:53,790 --> 00:39:57,900 So I think we have more downside than we have upside on equities. 751 00:39:58,260 --> 00:40:01,200 And that's why we're not talking about the last time we talked about equities 752 00:40:01,590 --> 00:40:02,880 was I said it was going to go higher. 753 00:40:03,450 --> 00:40:04,860 We're in record highs. 754 00:40:05,250 --> 00:40:08,310 I don't know what it's doing until it starts to break down. 755 00:40:08,940 --> 00:40:10,020 And I've already said that. 756 00:40:10,020 --> 00:40:12,840 So in case, and I'm reading my notes off right now, the folks 757 00:40:12,840 --> 00:40:15,240 that are saying, you know, you're, you're not talking about equities. 758 00:40:15,360 --> 00:40:16,080 Yeah, I did. 759 00:40:16,260 --> 00:40:17,250 I said, we're going higher. 760 00:40:17,850 --> 00:40:20,400 And because we're in historical highs, we're, where's the resistance 761 00:40:20,400 --> 00:40:22,380 at where's my bears shorter blocks. 762 00:40:22,830 --> 00:40:24,810 Where's my mitigation lock. 763 00:40:24,840 --> 00:40:26,490 Where's my liquidity void. 764 00:40:26,760 --> 00:40:27,150 We're making. 765 00:40:28,290 --> 00:40:29,730 These are all historical levels. 766 00:40:30,420 --> 00:40:32,759 So I'm not trying to buy these levels. 767 00:40:33,180 --> 00:40:35,700 I'm more inclined to focus when we start to trade lower. 768 00:40:36,089 --> 00:40:40,140 When that happens, then I'll have, I'll have more to say, but right now I don't 769 00:40:40,140 --> 00:40:41,670 have anything to say for X going higher. 770 00:40:42,089 --> 00:40:46,109 So we have to wait and we keep watching any short term, low on a daily chart. 771 00:40:46,770 --> 00:40:48,240 And then we, you know, we follow that. 772 00:40:48,540 --> 00:40:52,920 If that breaks down, then now help us see silver and gold go higher. 773 00:40:54,810 --> 00:40:57,629 And I please this with the last payer Japanese yen. 774 00:40:59,750 --> 00:41:00,109 Okay. 775 00:41:00,200 --> 00:41:01,850 Now we have a daily order block down here. 776 00:41:02,569 --> 00:41:08,839 I think most we'll see price draw down to 1 10 90 for that 1 10, 11, excuse me. 777 00:41:08,839 --> 00:41:09,410 A big figure. 778 00:41:09,529 --> 00:41:18,970 And if we reject that level, we have cells by stops right about here, and we have a 779 00:41:18,970 --> 00:41:25,899 real nice rejection box scenario for that, that would come in the form of 1 13, 16. 780 00:41:27,310 --> 00:41:27,470 Yeah. 781 00:41:27,470 --> 00:41:33,480 So at 1 13 60, I'll have these levels actually put on the dollar yak. 782 00:41:33,540 --> 00:41:37,680 I honestly, I, I avoid this pair like hemlock. 783 00:41:37,680 --> 00:41:38,640 I don't want to get near it. 784 00:41:38,640 --> 00:41:39,150 I hate it. 785 00:41:39,360 --> 00:41:40,110 I hate this pair. 786 00:41:40,560 --> 00:41:44,460 I load this pair, but I promised I would bring commentary to it. 787 00:41:44,460 --> 00:41:45,960 So, uh, I know, I forgot. 788 00:41:45,960 --> 00:41:50,340 Like I think I maybe twice last week putting, um, the charts together for this 789 00:41:50,340 --> 00:41:54,960 one, but I will tie shoe string around my phone today to make sure I don't 790 00:41:54,960 --> 00:41:59,550 forget that I had to put together your, uh, dollar yen commentary, but I think 791 00:41:59,550 --> 00:42:01,230 we'll probably see a rundown to that. 792 00:42:02,010 --> 00:42:03,510 One of them big figure 1 10 90. 793 00:42:03,510 --> 00:42:05,640 It could stab down to 1 10 80. 794 00:42:06,360 --> 00:42:09,030 I think we're more inclined to go lower on this pair than we are higher. 795 00:42:09,870 --> 00:42:11,040 We're in the lower end of the range. 796 00:42:11,040 --> 00:42:13,200 I don't see any bullets or blocks down here to justify it. 797 00:42:13,200 --> 00:42:15,360 And we've already went through the means threshold or you have the smaller one, 798 00:42:15,360 --> 00:42:18,090 which wouldn't have been used anyway, cause it's inside of the small, this 799 00:42:18,090 --> 00:42:19,590 range is inside the larger bullish or. 800 00:42:21,560 --> 00:42:24,140 So more, more likely we're going to go lower. 801 00:42:24,500 --> 00:42:26,720 We do have to watch the rejection block down here, though. 802 00:42:26,720 --> 00:42:31,550 We have this candle's lowest body is the open on this candle here. 803 00:42:31,550 --> 00:42:34,670 And that comes in at 1 12 30. 804 00:42:35,029 --> 00:42:35,390 I'm sorry. 805 00:42:36,050 --> 00:42:37,850 And 1 11 82. 806 00:42:38,600 --> 00:42:39,860 So 1 11 85. 807 00:42:39,950 --> 00:42:41,960 We have to be mindful of that level. 808 00:42:42,920 --> 00:42:47,000 If we trade down below that we could see a little bit of, uh, uh, on the other way. 809 00:42:48,620 --> 00:42:54,140 But apart from that, I think we're going down one 11 big figure to 1 11, 1 10 90. 810 00:42:55,730 --> 00:42:56,270 And that's it. 811 00:42:56,270 --> 00:43:02,450 So, um, let's go over, I mean, one second, we're gonna transition to bar chart. 812 00:43:05,360 --> 00:43:07,640 Uh, while I'm doing this, can you ask him for him? 813 00:43:07,640 --> 00:43:08,140 You can hear me. 814 00:43:08,150 --> 00:43:10,700 I got one member saying that. 815 00:43:10,790 --> 00:43:12,410 Uh, he can't hear me talking. 816 00:43:12,410 --> 00:43:12,920 Can you hear me? 817 00:43:13,820 --> 00:43:14,029 Okay. 818 00:43:14,029 --> 00:43:14,720 I just wanna make sure. 819 00:43:15,050 --> 00:43:15,320 Thank you. 820 00:43:15,320 --> 00:43:15,620 Appreciate. 821 00:43:20,355 --> 00:43:20,715 Okay. 822 00:43:20,715 --> 00:43:24,495 You should be seeing my family reunion pictures from 2014. 823 00:43:24,495 --> 00:43:25,065 Can you see that? 824 00:43:28,665 --> 00:43:31,245 Just gotta make sure you guys are paying attention, wake up. 825 00:43:34,515 --> 00:43:34,845 All right. 826 00:43:34,845 --> 00:43:36,825 So we're looking at, this is a soybean market. 827 00:43:37,155 --> 00:43:41,655 Now this conversation is going to be, um, along the lines of swing trading. 828 00:43:42,105 --> 00:43:42,285 Okay. 829 00:43:42,285 --> 00:43:45,405 So we're not teaching commodities here about, it's going to show you that 830 00:43:45,735 --> 00:43:47,685 this stuff works in all asset classes. 831 00:43:48,165 --> 00:43:49,185 So I said we would do a stock. 832 00:43:49,185 --> 00:43:53,295 We would do a commodity and we'll do a, um, an FX pair. 833 00:43:54,015 --> 00:43:55,905 So we take this volume off. 834 00:44:01,885 --> 00:44:02,275 Okay. 835 00:44:04,105 --> 00:44:07,615 And to get to these charts, all you do is you mean, when you go to bar chart.com, 836 00:44:07,855 --> 00:44:10,195 you go up to here, slick select commodity. 837 00:44:11,275 --> 00:44:13,495 I like soybeans is a good benchmark for green. 838 00:44:14,975 --> 00:44:17,095 And then you go over here and click on technical chart, it'll 839 00:44:17,525 --> 00:44:18,725 you to the nearest contract. 840 00:44:23,475 --> 00:44:23,835 Okay. 841 00:44:24,615 --> 00:44:26,985 And you can just set it up to whatever you want. 842 00:44:27,975 --> 00:44:34,725 We don't use candlesticks and new indicators with no volume 843 00:44:38,565 --> 00:44:39,134 and there you go. 844 00:44:39,285 --> 00:44:39,765 You have it. 845 00:44:42,165 --> 00:44:46,365 And we're gonna look at this little area right in here. 846 00:44:48,975 --> 00:44:49,305 Okay. 847 00:44:49,995 --> 00:44:53,985 Relative to the last time price traded away from this consolidation. 848 00:44:53,985 --> 00:45:01,875 So we have this candles close 1, 10 25, and this candles close here. 849 00:45:03,195 --> 00:45:06,855 Um, $10 a bushel. 850 00:45:07,995 --> 00:45:11,805 So we have the range defined as such. 851 00:45:11,835 --> 00:45:12,674 We don't look at the Wix. 852 00:45:12,674 --> 00:45:13,455 We could care less about that. 853 00:45:14,475 --> 00:45:19,485 We have the last down candle right in here combined with this small little one. 854 00:45:19,785 --> 00:45:20,115 Okay. 855 00:45:20,475 --> 00:45:26,505 So again, we, if we look at that in terms of, um, open let's look at that, right? 856 00:45:28,185 --> 00:45:33,195 Uh, 10, 17, and then the close on this one is 10. 857 00:45:33,195 --> 00:45:34,125 So we have 17. 858 00:45:34,125 --> 00:45:38,705 So we're going to round it to eight from the, uh, road that would be 10 859 00:45:38,705 --> 00:45:41,535 0 8 and we'd be coming down to price. 860 00:45:41,565 --> 00:45:43,965 It's 10, 10 to 10 tens a level. 861 00:45:44,145 --> 00:45:44,505 Okay. 862 00:45:44,625 --> 00:45:46,125 Does anybody understand what this did? 863 00:45:46,125 --> 00:45:50,795 Or let me ask it this way that this confusion, anybody with this, if 864 00:45:50,795 --> 00:45:54,905 you're confused right now, tell me are, and I'll just explain it again. 865 00:45:56,975 --> 00:45:57,275 Okay. 866 00:45:57,305 --> 00:45:58,985 There's a lot of people saying these are okay. 867 00:45:59,495 --> 00:46:05,625 What I'm looking at is this down candle right here and this down Candler here. 868 00:46:06,600 --> 00:46:11,340 And I'm blending the two bodies together to make one candle as a range. 869 00:46:11,370 --> 00:46:11,820 Okay. 870 00:46:12,810 --> 00:46:14,610 Because this candle has got it down close. 871 00:46:14,610 --> 00:46:18,000 And this down chemo, you know, is right after this one. 872 00:46:18,299 --> 00:46:20,610 And then you start seeing price high move higher. 873 00:46:21,090 --> 00:46:24,029 This is the lowest down close prior to the up move. 874 00:46:25,020 --> 00:46:30,779 You have to combine the two or consecutive down, closes that trades 875 00:46:30,930 --> 00:46:32,790 prior to the lowest down close. 876 00:46:32,790 --> 00:46:34,350 That's how you do or block theory. 877 00:46:35,520 --> 00:46:36,840 It's not supplying demand zones. 878 00:46:36,870 --> 00:46:38,250 It's actual ranges. 879 00:46:38,250 --> 00:46:40,470 You define where they do their buying programs. 880 00:46:40,770 --> 00:46:45,570 So from the open on this candle asset, we're just going to round it to 17. 881 00:46:45,570 --> 00:46:46,529 We're going to take the half off. 882 00:46:46,560 --> 00:46:46,830 Okay. 883 00:46:47,220 --> 00:46:49,470 So that's saying, uh, 10, 17.6. 884 00:46:49,920 --> 00:46:53,880 We're just gonna say it's 10, 17, or this is a easy, let's call it 10 18. 885 00:46:54,120 --> 00:46:54,990 Can we all agree on that? 886 00:46:59,250 --> 00:47:03,540 So we're going to say the range begins at 10, 18 and the lowest 887 00:47:03,570 --> 00:47:05,130 close on this candle right here. 888 00:47:06,730 --> 00:47:09,069 That close comes in at $10, even. 889 00:47:09,610 --> 00:47:15,190 So now we have a range of 18 cents because soybeans, trades and cents per bushel. 890 00:47:15,910 --> 00:47:18,460 So it's 18 cents for soybeans in a range. 891 00:47:18,700 --> 00:47:20,080 If we divide that in half. 892 00:47:20,529 --> 00:47:20,980 Okay. 893 00:47:21,790 --> 00:47:22,779 What would that range be? 894 00:47:22,930 --> 00:47:23,620 No incorrect. 895 00:47:26,970 --> 00:47:32,730 So if we add nine to the low, low close, which would be 10 0 9. 896 00:47:33,779 --> 00:47:38,880 So in the nearest term, the nearest price level of a five or a zero level, 897 00:47:39,180 --> 00:47:48,410 is it closer to 10 0 5 or 10, 10, 10, 10. 898 00:47:49,850 --> 00:47:54,049 Now the way we filter that is prices coming down and we're going to 899 00:47:54,049 --> 00:47:55,100 talk about this area right in here. 900 00:47:55,520 --> 00:47:58,130 Prices coming down into one 10 there. 901 00:47:58,940 --> 00:48:00,350 So it's already above one 10. 902 00:48:00,830 --> 00:48:02,029 It can go to one 10. 903 00:48:02,569 --> 00:48:02,870 I'm sorry. 904 00:48:02,870 --> 00:48:03,710 I can go to 10 0 5. 905 00:48:04,785 --> 00:48:09,615 But we're looking forward to go to 10, 10, because that's the demean threshold of the 906 00:48:09,645 --> 00:48:14,895 multi candled bullish or block, which is the two down closes prior to the up move. 907 00:48:14,925 --> 00:48:16,755 So they were buying all through here. 908 00:48:17,295 --> 00:48:17,685 Okay. 909 00:48:19,725 --> 00:48:23,865 So now we have our level it's 10, 10 to now, do you understand why 10 10 is 910 00:48:23,865 --> 00:48:26,925 going to be referred to and not just picked out because it worked out great. 911 00:48:32,025 --> 00:48:32,205 Okay. 912 00:48:32,205 --> 00:48:33,285 I'm only looking for the news. 913 00:48:33,705 --> 00:48:33,945 Good. 914 00:48:33,975 --> 00:48:34,395 Awesome. 915 00:48:36,075 --> 00:48:39,525 The response is not that I'm looking for the, the, uh, the 916 00:48:39,585 --> 00:48:40,755 folks that aren't following along. 917 00:48:41,835 --> 00:48:42,015 Okay. 918 00:48:42,015 --> 00:48:45,165 So we have one 10, sorry, 10, 10 as our level. 919 00:48:45,165 --> 00:48:47,655 So we're going to look at January timeframe. 920 00:48:47,895 --> 00:48:48,345 Okay. 921 00:48:48,765 --> 00:48:52,665 And I want you to take a look at how price re reacted around that 10, 10 level. 922 00:48:53,805 --> 00:48:59,895 So we have a higher timeframe daily at 10, 10, an old institutional level back here. 923 00:49:00,165 --> 00:49:01,905 So this would be what kind of PD or. 924 00:49:02,895 --> 00:49:03,705 What's 10, 10. 925 00:49:03,705 --> 00:49:04,845 What kind of PD raise that? 926 00:49:05,835 --> 00:49:06,705 Don't jump ahead. 927 00:49:06,705 --> 00:49:08,085 We're only looking at a daily chart right now. 928 00:49:08,145 --> 00:49:11,325 What is the PD array at 10 10 on a daily. 929 00:49:13,515 --> 00:49:16,035 It's a discount PD array, but what type? 930 00:49:19,935 --> 00:49:23,384 Jacob has a, he's got a bull shorter block or bop. 931 00:49:24,134 --> 00:49:24,884 W very good. 932 00:49:24,884 --> 00:49:25,245 Very good. 933 00:49:25,274 --> 00:49:25,785 Nice thing. 934 00:49:25,814 --> 00:49:28,814 Okay, so now we have a bullet or a block now real quick, without looking 935 00:49:28,814 --> 00:49:29,835 through your notes, don't cheat. 936 00:49:31,125 --> 00:49:36,225 What kind of entry technique do you use for a bullish order block? 937 00:49:37,814 --> 00:49:39,464 Do you buy on a limit or buy on a stop? 938 00:49:46,024 --> 00:49:47,645 Some of you have to look at your notes again. 939 00:49:49,924 --> 00:49:51,455 So you got to look at your nose. 940 00:49:54,335 --> 00:49:56,825 I'm not going to, I don't wanna cause it's really 50, 50. 941 00:49:56,825 --> 00:49:58,384 I'm not gonna correct you openly here. 942 00:49:58,685 --> 00:49:59,615 Go to your notes. 943 00:49:59,734 --> 00:50:00,185 Okay. 944 00:50:00,274 --> 00:50:01,745 And you'll see what you should have been. 945 00:50:02,535 --> 00:50:05,415 And some of you will know that you were right then, but 10, 946 00:50:05,415 --> 00:50:07,815 10, I'll say it like this. 947 00:50:09,975 --> 00:50:16,365 If you're trading below an old, low or above and old high what's that 948 00:50:16,365 --> 00:50:20,445 essentially doing like it does here, like this old low here, believe 949 00:50:20,445 --> 00:50:21,405 me, I'm going somewhere with this. 950 00:50:21,405 --> 00:50:23,025 So if I'm not, I'm not going down rabbit trails. 951 00:50:23,025 --> 00:50:24,375 This is all salient things. 952 00:50:24,975 --> 00:50:27,855 This old low, when price trades below that what's actually happening. 953 00:50:28,995 --> 00:50:30,465 They're reaching for stops. 954 00:50:31,815 --> 00:50:32,805 They're reaching for stops. 955 00:50:33,045 --> 00:50:37,425 So if you know that this is the candles bodies lowest, low, okay. 956 00:50:37,785 --> 00:50:40,665 At that moment, then you can do limit orders because you're trying 957 00:50:40,665 --> 00:50:41,985 to get down there where they are. 958 00:50:42,285 --> 00:50:46,215 You want to be buying on a limit down below that, that body Candler here 959 00:50:48,485 --> 00:50:55,925 buying on a stop is best used for void fair value gaps and order blocks, 960 00:50:56,255 --> 00:50:57,875 because you don't know for certain. 961 00:50:58,995 --> 00:51:00,464 How deep it's going to go. 962 00:51:00,464 --> 00:51:02,924 It can go to that level of the high. 963 00:51:03,134 --> 00:51:05,955 It can go to the open, or it can go down to the means threshold 964 00:51:05,955 --> 00:51:07,214 and they'll still be good. 965 00:51:08,685 --> 00:51:09,105 Correct. 966 00:51:14,845 --> 00:51:19,734 So all of the discussion, all this discussion about where do you buy a 967 00:51:19,734 --> 00:51:21,625 bullish or block it's all removes. 968 00:51:21,625 --> 00:51:25,944 If he used the entry technique of buying on a stock, go back into January's content 969 00:51:26,185 --> 00:51:29,185 and you'll see how the candles broken down and how you buy on the stock, where 970 00:51:29,185 --> 00:51:32,214 your buy order is going to be at and where you're still, uh, your going to be yet. 971 00:51:33,565 --> 00:51:36,984 So I use the order blocks to give me the framework, the context of 972 00:51:36,984 --> 00:51:41,245 buy or sell, but I use the buy stop entry technique to get me into it. 973 00:51:41,634 --> 00:51:46,674 The limit orders are best used when you're getting below a level and they're 974 00:51:46,674 --> 00:51:49,315 reaching down there and you know that it's going to be reaching for that level. 975 00:51:49,315 --> 00:51:53,214 So therefore it's better to do a limit order then, and try not 976 00:51:53,214 --> 00:51:56,305 to use limit orders if you use order blocks, unless you're going 977 00:51:56,305 --> 00:51:57,475 to use the high on the order of. 978 00:51:58,425 --> 00:52:01,845 And it's bullish or the open and you were already below the opening then. 979 00:52:01,845 --> 00:52:01,995 Yeah. 980 00:52:01,995 --> 00:52:06,435 You can do a limit order, you know, something like that, but generally 981 00:52:06,435 --> 00:52:09,705 I'm buying a stock on bullish, shorter blocks and bear shorter blocks. 982 00:52:09,884 --> 00:52:14,505 I'm selling this stuff because I, I just let the market tell me it's going 983 00:52:14,505 --> 00:52:17,775 in that direction after it's already moved to a level into an order block. 984 00:52:17,835 --> 00:52:18,345 I don't care. 985 00:52:18,795 --> 00:52:22,154 I just know if you look at the charts, you'll see that once they 986 00:52:22,154 --> 00:52:26,115 take off, they don't really come back and you sell, stop and buy stuff. 987 00:52:26,115 --> 00:52:26,625 Stay there. 988 00:52:27,075 --> 00:52:32,835 Uh, respectively, um, if my screens, um, going into, on your end. 989 00:52:35,105 --> 00:52:35,555 Okay. 990 00:52:38,375 --> 00:52:38,525 All right. 991 00:52:38,525 --> 00:52:41,465 So we have one 10, I'm sorry, 10, 10 on the daily. 992 00:52:41,495 --> 00:52:41,735 Okay. 993 00:52:41,735 --> 00:52:46,965 Let's go out to a weekly chart just to confirm anything that 994 00:52:46,965 --> 00:52:51,315 may exist on a $10 or 10, 10 big. 995 00:52:59,924 --> 00:53:01,035 What's this right here. 996 00:53:11,944 --> 00:53:12,964 What timeframe is this? 997 00:53:13,325 --> 00:53:14,044 It's a weekly, right? 998 00:53:16,325 --> 00:53:18,424 So this candle right here, 999 00:53:22,504 --> 00:53:24,785 it's bad to be traded into right there. 1000 00:53:29,654 --> 00:53:36,615 So we have a weekly boils or a block layer going back to this timeframe as well. 1001 00:53:37,245 --> 00:53:42,705 This last down candle blending with this body and this body 1002 00:53:42,705 --> 00:53:45,524 together, you have a multi candled. 1003 00:53:46,064 --> 00:53:46,395 What? 1004 00:53:52,404 --> 00:53:54,444 It was traded through bullishly here. 1005 00:53:55,315 --> 00:54:00,285 So now if we returned back down into this whole range here, that 1006 00:54:00,285 --> 00:54:01,515 would be a potential bullish area. 1007 00:54:02,835 --> 00:54:04,725 Key going through, cut through some candles. 1008 00:54:05,685 --> 00:54:06,645 What's this back here, 1009 00:54:15,955 --> 00:54:16,734 it's an old high 1010 00:54:22,294 --> 00:54:25,384 looking at, look at the sensitivity at that one 10 level. 1011 00:54:25,714 --> 00:54:27,395 How many times we worked off that level? 1012 00:54:27,395 --> 00:54:29,194 We had the opening here. 1013 00:54:29,464 --> 00:54:30,665 We had it hit here. 1014 00:54:30,815 --> 00:54:34,805 We had it hit here, close on this candles here. 1015 00:54:35,285 --> 00:54:40,355 So we have a lot of levels of support and resistance around that one. 1016 00:54:40,694 --> 00:54:41,674 That 10, 10 level. 1017 00:54:43,145 --> 00:54:43,924 We see it. 1018 00:54:43,924 --> 00:54:47,044 Leave this area here on a strong buy. 1019 00:54:48,214 --> 00:54:49,055 So 10 times. 1020 00:54:49,904 --> 00:54:53,265 Or 10 big figure is a nice support level. 1021 00:54:58,975 --> 00:54:59,395 Okay. 1022 00:54:59,785 --> 00:55:04,674 So if you see price rally away, it price rounds away from here. 1023 00:55:04,825 --> 00:55:08,469 We know that smart money is doing what at that level, $10, a 10 1024 00:55:08,469 --> 00:55:11,185 20 0 10, 10, the $10 big figure. 1025 00:55:11,185 --> 00:55:15,035 What is it they're buying. 1026 00:55:15,605 --> 00:55:15,964 Okay. 1027 00:55:16,565 --> 00:55:20,254 So if they bought strongly in November, now we can go back out to a daily. 1028 00:55:30,714 --> 00:55:31,495 Hang on one second. 1029 00:55:32,815 --> 00:55:33,504 Hang on one second. 1030 00:55:37,424 --> 00:55:37,634 Okay. 1031 00:55:37,634 --> 00:55:40,275 So we have our 10, 10 level here. 1032 00:55:40,634 --> 00:55:42,705 Here's that November LA area here. 1033 00:55:45,555 --> 00:55:50,715 Price trades down into that $10 and 10, 10 level here. 1034 00:55:53,155 --> 00:55:54,775 So we're inside at this level here. 1035 00:55:54,775 --> 00:55:55,345 10, 10. 1036 00:55:55,375 --> 00:56:00,145 We're already at a weekly order block, but notice it went lower. 1037 00:56:00,145 --> 00:56:00,865 It went deeper. 1038 00:56:01,315 --> 00:56:01,765 Okay. 1039 00:56:01,945 --> 00:56:05,635 So at this moment here, we're already looking for 10, 10, but 1040 00:56:05,635 --> 00:56:06,865 Trek it, price trades through it. 1041 00:56:06,865 --> 00:56:11,505 So what do we think now to processes? 1042 00:56:11,505 --> 00:56:11,865 Okay. 1043 00:56:11,865 --> 00:56:13,125 Where do we go next? 1044 00:56:13,215 --> 00:56:14,505 What's the next level. 1045 00:56:14,505 --> 00:56:18,645 If we broke the weekly, we dropped down to a daily where's the daily bullish 1046 00:56:18,645 --> 00:56:21,795 or block or a daily discount PD, right? 1047 00:56:22,395 --> 00:56:26,865 It's over here all inside this entire range in here. 1048 00:56:27,705 --> 00:56:32,265 So this last down candle, which is, which is a lowest down move 1049 00:56:32,345 --> 00:56:34,845 Lowe's candle has down close. 1050 00:56:35,475 --> 00:56:37,605 It's open starts this race. 1051 00:56:38,384 --> 00:56:42,915 And then you divide the open, the close, the body to get the means 1052 00:56:42,915 --> 00:56:44,924 threshold, not the wicks, the hind end. 1053 00:56:45,194 --> 00:56:45,794 I don't want that. 1054 00:56:46,274 --> 00:56:55,214 I want the body of the candle, the opens 9,997 and the close is 9 78. 1055 00:56:55,665 --> 00:56:58,515 So basically a 20 we'll just call it twine. 1056 00:56:59,024 --> 00:57:03,345 So you have a, a mean threshold of what, what would that be? 1057 00:57:07,294 --> 00:57:08,075 Nine 90, right? 1058 00:57:09,544 --> 00:57:11,555 Ball-parking it to a near zero level. 1059 00:57:12,634 --> 00:57:13,835 So that puts us around in here. 1060 00:57:14,194 --> 00:57:14,495 Okay. 1061 00:57:14,495 --> 00:57:17,915 Price trades down just a little bit through it, consolidates around it. 1062 00:57:18,964 --> 00:57:25,325 And then does what explodes really big notice what happens before the move that 1063 00:57:25,835 --> 00:57:27,815 sees us rallied shrink extremely higher. 1064 00:57:30,815 --> 00:57:32,015 We have a big range here. 1065 00:57:32,075 --> 00:57:34,685 Small rain, smaller rain, small rain, small rains. 1066 00:57:34,685 --> 00:57:36,035 And then boom, we got a big range. 1067 00:57:36,915 --> 00:57:40,395 Smaller range, big range and small range. 1068 00:57:41,325 --> 00:57:43,635 What's this candle rate here, 1069 00:57:47,685 --> 00:57:48,765 that little up candle. 1070 00:57:50,835 --> 00:57:51,375 What is that? 1071 00:57:53,635 --> 00:57:55,225 We just started talking about inside. 1072 00:57:55,465 --> 00:57:57,235 It's an inside candle or inside bar. 1073 00:57:59,105 --> 00:58:00,455 It's a volatility filter. 1074 00:58:00,905 --> 00:58:05,825 We know now that it can't go lower because it didn't trade lower. 1075 00:58:06,845 --> 00:58:11,675 The range is now inside the previous days range at the time when we 1076 00:58:11,675 --> 00:58:13,655 expect price to do what go higher. 1077 00:58:16,695 --> 00:58:18,705 So consider the conditions we have there. 1078 00:58:19,605 --> 00:58:24,555 We have price wanting to retrace back down to a weekly order block. 1079 00:58:24,885 --> 00:58:31,345 Bullishly 10, 10 to 10 big figure reduced down to a daily 1080 00:58:31,345 --> 00:58:32,995 bullish or block it's only 10. 1081 00:58:34,470 --> 00:58:37,950 Went down to nine $99 and 90 cents a bushel. 1082 00:58:40,230 --> 00:58:44,220 Now we are at a level at which we see bullish or block on a daily we're 1083 00:58:44,220 --> 00:58:45,900 inside of a weekly bullish order block. 1084 00:58:46,830 --> 00:58:49,470 We called this higher because of the weakness in the dollar. 1085 00:58:49,830 --> 00:58:53,160 I said that if dollar slips or goes lower or it goes in consolidations, that 1086 00:58:53,160 --> 00:58:55,950 will allow soybeans to rally at nine 90. 1087 00:58:55,950 --> 00:58:59,460 Then we saw inside candle at a time when we're at support. 1088 00:59:05,050 --> 00:59:10,000 Um, I'm not sure what you're asking Ricardo, but I don't 1089 00:59:10,000 --> 00:59:11,320 want to be distracted. 1090 00:59:11,320 --> 00:59:14,680 So about, you asked this, I have to answer it now, but after I answered this 1091 00:59:14,680 --> 00:59:16,300 one, I'm not going to answer anything else that we get through the end. 1092 00:59:17,140 --> 00:59:18,550 What are you referring to 90 cents? 1093 00:59:31,620 --> 00:59:33,960 Um, it would be $9 and 90 cents a bushel 1094 00:59:39,970 --> 00:59:42,730 each, uh, each increment is a penny. 1095 00:59:45,620 --> 00:59:46,250 It's a bushel. 1096 00:59:46,310 --> 00:59:47,629 They, they, they trade in bushels. 1097 00:59:48,109 --> 00:59:49,939 Most grains are traded in bushels sizes. 1098 00:59:51,259 --> 00:59:54,529 5,000 bushels per contract is what it is in every one. 1099 00:59:54,529 --> 00:59:56,450 Cent movement is a penny. 1100 00:59:56,870 --> 00:59:57,259 Okay. 1101 00:59:58,669 --> 01:00:00,529 So we have nine 90 is our level. 1102 01:00:00,529 --> 01:00:03,980 We also have an inside candle, which is what, what kind of filter is 1103 01:00:03,980 --> 01:00:09,200 that we give a very specific, um, condition that would, that draws. 1104 01:00:09,319 --> 01:00:10,490 It's a volatility filter. 1105 01:00:10,549 --> 01:00:13,790 So what is it telling us by itself? 1106 01:00:13,790 --> 01:00:20,419 It tells us what what's our, what's our expected, um, observation going forward. 1107 01:00:21,439 --> 01:00:25,970 Price is going to do what stay in an air sideways consolidation, retrace. 1108 01:00:26,000 --> 01:00:26,359 What's going to. 1109 01:00:27,509 --> 01:00:29,340 Exactly explosive, big move. 1110 01:00:29,820 --> 01:00:35,070 Now, any old inside candle doesn't mean anything by itself. 1111 01:00:37,830 --> 01:00:41,340 He believed that Bella stepped on my iPhone and started making it talk. 1112 01:00:41,560 --> 01:00:45,870 Get away from me, grow the, uh, the volatility filter. 1113 01:00:46,350 --> 01:00:46,590 Okay. 1114 01:00:46,600 --> 01:00:47,640 Have an inside candle. 1115 01:00:48,060 --> 01:00:50,490 Doesn't do anything by itself. 1116 01:00:51,240 --> 01:00:55,080 An inside candle at a support level, when price is already predisposed to 1117 01:00:55,080 --> 01:00:59,279 go higher is the last little warning sign that this Babel is getting 1118 01:00:59,279 --> 01:01:00,779 ready to take off and explode. 1119 01:01:01,440 --> 01:01:01,830 Okay. 1120 01:01:02,820 --> 01:01:05,820 Notice that, that on your soybean chart, if you pulled it up too, 1121 01:01:05,820 --> 01:01:06,840 it's going to look just like mine. 1122 01:01:07,259 --> 01:01:07,620 Okay. 1123 01:01:07,650 --> 01:01:10,980 And it's going to have this rural lethargic slow rally, right? 1124 01:01:11,759 --> 01:01:14,340 No way it wasn't lethargic and it wasn't slow. 1125 01:01:14,730 --> 01:01:16,800 What was it in one term? 1126 01:01:16,830 --> 01:01:19,980 Define that and how much, how much energy was in this move? 1127 01:01:20,759 --> 01:01:21,570 Explosive. 1128 01:01:22,680 --> 01:01:23,670 Boom exploded. 1129 01:01:24,569 --> 01:01:24,930 Okay. 1130 01:01:25,170 --> 01:01:30,029 So when we see these conditions meet where we have a hard timeframe, 1131 01:01:30,029 --> 01:01:36,180 PDA, we have a, uh, daily PDA, and we go down into a four hour. 1132 01:01:37,080 --> 01:01:37,470 Okay. 1133 01:01:37,740 --> 01:01:40,799 We can go into a four hour when we see price trading 1134 01:01:40,799 --> 01:01:42,420 down into that nine 90 level. 1135 01:01:42,450 --> 01:01:44,430 So that's what we're going to do because that's all swing trading 1136 01:01:44,640 --> 01:01:47,009 permits as we can't go anything lower than that to frame a trade. 1137 01:01:47,549 --> 01:01:52,020 So we're going to go down to a intraday for our chart and change a 1138 01:01:52,020 --> 01:01:53,970 time to two 40 that's a four hour. 1139 01:01:55,830 --> 01:01:56,400 Are we out here 1140 01:02:01,330 --> 01:02:04,569 and look one month of data? 1141 01:02:07,450 --> 01:02:07,630 Yep. 1142 01:02:07,779 --> 01:02:08,200 Yes. 1143 01:02:09,160 --> 01:02:09,819 Wrong time. 1144 01:02:09,850 --> 01:02:10,630 Two 40. 1145 01:02:13,970 --> 01:02:14,830 You say one month. 1146 01:02:14,980 --> 01:02:15,250 All right. 1147 01:02:16,060 --> 01:02:20,410 So here's our January crossover in the February time period, we have 1148 01:02:20,410 --> 01:02:21,850 price trading below an old low. 1149 01:02:23,430 --> 01:02:27,029 And price drops down, hits it, rejects and rallies away. 1150 01:02:27,569 --> 01:02:27,960 Okay. 1151 01:02:28,830 --> 01:02:34,110 This series of two down candles, is that not the lowest of the down 1152 01:02:34,110 --> 01:02:35,549 Candler before this up move correct? 1153 01:02:35,549 --> 01:02:35,880 Or no? 1154 01:02:38,870 --> 01:02:39,080 Yeah. 1155 01:02:39,100 --> 01:02:40,069 Soybeans has options. 1156 01:02:40,730 --> 01:02:40,910 All right. 1157 01:02:40,910 --> 01:02:44,089 So this is a bullish or block to two down candles together. 1158 01:02:44,100 --> 01:02:46,160 We would blend the body okay. 1159 01:02:46,400 --> 01:02:51,350 To give us the order block for a potential downside level to 1160 01:02:51,350 --> 01:02:53,839 hit the border block begins. 1161 01:02:54,200 --> 01:02:58,580 When we noted, where we, where do we start our level at four bullish or 1162 01:02:58,580 --> 01:03:01,370 bearish and worry about it in this case for the bullshitter block, what 1163 01:03:01,370 --> 01:03:02,750 level do we have noted on our charts? 1164 01:03:04,670 --> 01:03:12,350 Very good high to the high on this candle comes in at 10 36, even right 1165 01:03:12,350 --> 01:03:17,600 here on this 1, 10 36, even price on this lowest move retracement lower. 1166 01:03:18,049 --> 01:03:19,100 The low comes in at what point. 1167 01:03:23,895 --> 01:03:25,305 Can we get any closer than that? 1168 01:03:29,195 --> 01:03:29,675 I mean, come on. 1169 01:03:29,675 --> 01:03:33,335 I didn't even give you a, it didn't give you a partial cent move. 1170 01:03:33,345 --> 01:03:35,765 It was exactly to the point and it's not Forex. 1171 01:03:35,795 --> 01:03:37,025 This is the contract price. 1172 01:03:37,385 --> 01:03:39,035 Everybody has that same contract price. 1173 01:03:39,245 --> 01:03:40,625 So when you see it, it's there. 1174 01:03:40,925 --> 01:03:44,855 So looking at this low, okay. 1175 01:03:45,395 --> 01:03:51,395 If we see this as prices trading down into this, what do, what do we do? 1176 01:03:52,535 --> 01:03:54,665 What do we do for a by, 1177 01:04:00,615 --> 01:04:04,305 well, no, I, I gave you scenarios that I like to do. 1178 01:04:04,815 --> 01:04:06,885 You can buy on a stock or buy all them. 1179 01:04:06,895 --> 01:04:07,545 It's your choice. 1180 01:04:07,545 --> 01:04:10,645 But if you buy on limits, your chances of you getting to the 1181 01:04:10,665 --> 01:04:11,745 entry sometimes may not have. 1182 01:04:13,520 --> 01:04:19,040 So, it's not like I'm trying to give you a rule rule based idea to go through, 1183 01:04:19,399 --> 01:04:22,850 going through your charts, define the setups, and then how you enter them. 1184 01:04:22,850 --> 01:04:24,410 It's going to be completely up to you. 1185 01:04:24,690 --> 01:04:26,029 It's a prerogative on your basis. 1186 01:04:38,390 --> 01:04:41,419 Yes, soybeans are. 1187 01:04:41,750 --> 01:04:43,040 Ian is updating. 1188 01:04:43,040 --> 01:04:43,850 I got to wait for the snow. 1189 01:04:43,879 --> 01:04:45,419 Sometimes it's a website. 1190 01:04:45,440 --> 01:04:50,899 I'll do this, all of the commodities that we discuss and 1191 01:04:50,899 --> 01:04:52,490 talk about, they will have options. 1192 01:04:52,609 --> 01:04:54,919 So you can trade, call options and put offers in co-ops and you'll 1193 01:04:54,919 --> 01:04:57,259 make money on the outside, put off and you'll make on the downside. 1194 01:04:57,799 --> 01:04:58,190 Okay. 1195 01:04:58,759 --> 01:05:02,960 So as price is trading down, what is this also here? 1196 01:05:04,399 --> 01:05:08,990 What's this candle here from this high here all the way up. 1197 01:05:09,020 --> 01:05:09,589 What is that? 1198 01:05:13,160 --> 01:05:16,070 So this candle's high also comes in at what? 1199 01:05:17,940 --> 01:05:19,380 10 36 0.6. 1200 01:05:20,610 --> 01:05:23,640 So at 10 36 0.68 closes in its Boyd. 1201 01:05:23,910 --> 01:05:26,370 Isn't that not also a discount PD era. 1202 01:05:30,780 --> 01:05:34,770 So it closes the void, hits the order block to the, to the 1203 01:05:34,770 --> 01:05:37,740 exact level and then hit, okay. 1204 01:05:38,700 --> 01:05:43,950 Now my point in discussion, all of this, this, you know, the whole point of 1205 01:05:43,950 --> 01:05:49,230 disclosing this stuff is when you have a volatility filter, it tells you you're 1206 01:05:49,230 --> 01:05:50,640 going to see explosive price action. 1207 01:05:52,140 --> 01:05:56,580 The timing is all of the things that we talked about using the January 1208 01:05:56,580 --> 01:06:00,330 content you can be, you can buy it on a stock, you could buy it all the limit. 1209 01:06:00,660 --> 01:06:02,730 I just give you certain conditions that I like. 1210 01:06:03,000 --> 01:06:07,950 Now, if I can go below an old, well, I want to be buying on a limit down here. 1211 01:06:08,700 --> 01:06:10,470 If it's got a lot of wicks. 1212 01:06:11,875 --> 01:06:13,375 And I don't know which one we're going to reach for. 1213 01:06:13,435 --> 01:06:16,795 I will buy on a stop in that condition because I want to go 1214 01:06:16,795 --> 01:06:20,695 down there and then I'll put a stop order on to buy on strength. 1215 01:06:21,445 --> 01:06:24,025 And then that way I know I got to worry that that's how you can set 1216 01:06:24,025 --> 01:06:26,485 these orders up and just forget about it and go about your life. 1217 01:06:26,815 --> 01:06:31,495 Before I started this mentorship, I literally spent maybe 20 minutes a 1218 01:06:31,495 --> 01:06:34,555 day total, and I'm talking total time. 1219 01:06:35,785 --> 01:06:38,735 Now I'm like eight, nine hours of it. 1220 01:06:38,755 --> 01:06:41,455 Cause I have to do a lot of stuff to keep back and forth with you all. 1221 01:06:41,785 --> 01:06:45,565 But you're going to see that your time doing these things, isn't 1222 01:06:45,565 --> 01:06:46,405 going to be a whole lot of time. 1223 01:06:46,435 --> 01:06:47,815 Most of your time's going to be on the weekend. 1224 01:06:48,715 --> 01:06:50,395 When the markets aren't trading, you're going to go through your 1225 01:06:50,395 --> 01:06:51,475 levels and pull them all out. 1226 01:06:51,715 --> 01:06:54,985 And you make your, uh, your, your, your ideas about what you want to trade 1227 01:06:54,985 --> 01:06:56,395 off of using these hard timeframes. 1228 01:06:57,299 --> 01:07:01,680 They're not going to force you to be in here looking at 50,000 things and spending 1229 01:07:02,100 --> 01:07:05,460 the limitless time of studying and not really knowing what you're looking for. 1230 01:07:05,940 --> 01:07:10,200 You're looking for hard timeframe, PRA you're looking for the last 18 months. 1231 01:07:10,200 --> 01:07:14,520 It give you a direction on what side it's mostly work on going higher or lower. 1232 01:07:15,000 --> 01:07:17,670 And then looking for intermarket analysis, support it. 1233 01:07:18,450 --> 01:07:22,890 All these things are in concert with one another and he graduate to a decision 1234 01:07:22,890 --> 01:07:24,240 point that you have to decide on. 1235 01:07:25,290 --> 01:07:29,759 But the volatility filter on that daily chart, the inside candle that 1236 01:07:30,089 --> 01:07:32,880 is your filter tells you you're going to have an explosive move, but 1237 01:07:32,910 --> 01:07:34,170 everything else is already there. 1238 01:07:34,170 --> 01:07:37,920 So even if you don't have a volatility filter, say, don't say it 1239 01:07:37,920 --> 01:07:39,000 doesn't give you an inside candle. 1240 01:07:39,509 --> 01:07:40,860 So what it doesn't mean it can't move. 1241 01:07:41,040 --> 01:07:45,089 It just means if you get that inside candle, holy cow, when it's at a time 1242 01:07:45,089 --> 01:07:49,500 when it's supporting bullish prices, man, you really want to be in that and 1243 01:07:49,500 --> 01:07:50,640 you want to be in it too, you know? 1244 01:07:51,450 --> 01:07:53,279 Six for explosive price action. 1245 01:07:53,490 --> 01:07:55,140 You'll have the direction cause you've been waiting for it. 1246 01:07:55,200 --> 01:07:57,210 We talked about dollar goes lower, go sideways. 1247 01:07:57,600 --> 01:08:01,319 We're going to see the soybean market rally and rally it did. 1248 01:08:01,440 --> 01:08:02,130 It took off. 1249 01:08:04,109 --> 01:08:09,420 Um, it's look at a stock. 1250 01:08:11,100 --> 01:08:16,019 All right, I'm using JP Morgan here and I'm going, going to do this. 1251 01:08:16,019 --> 01:08:20,849 I said, I'd do three, but you guys can catch me on the daily recap. 1252 01:08:20,880 --> 01:08:22,590 I'll throw the third one and just for time sake. 1253 01:08:22,590 --> 01:08:25,620 Cause we're getting rather long and in this video, but I'm going to 1254 01:08:25,620 --> 01:08:30,689 cover the stock here and then I'll, I'll give you, um, a pair for the 1255 01:08:30,689 --> 01:08:37,500 volatility filter, but we have our last discussion for a stock in the seas. 1256 01:08:37,500 --> 01:08:38,729 It's on the website. 1257 01:08:39,029 --> 01:08:39,840 You can see on the forum. 1258 01:08:39,870 --> 01:08:40,890 I said that we were probably going to go. 1259 01:08:41,805 --> 01:08:44,715 And we've been going higher since then and we're in record territory. 1260 01:08:45,135 --> 01:08:47,895 So there's nothing for me to be able to say, it's going to reach for this. 1261 01:08:47,895 --> 01:08:48,585 It's reaching for that. 1262 01:08:48,615 --> 01:08:49,245 I don't know. 1263 01:08:49,305 --> 01:08:49,905 I don't know. 1264 01:08:50,175 --> 01:08:51,495 No one knows where it's going to go. 1265 01:08:51,885 --> 01:08:56,445 That's why you either you're already in it long and taking profits or just waiting. 1266 01:08:56,745 --> 01:08:58,335 There's nothing to do where we're at right now. 1267 01:08:58,605 --> 01:09:01,965 So, but meaning on what I have on our forum. 1268 01:09:02,085 --> 01:09:04,845 The last time we talked to the beginning of February, I said that it's 1269 01:09:04,845 --> 01:09:08,625 probably going to go higher and we're going to focus on why I said that. 1270 01:09:08,625 --> 01:09:11,625 And we're going to use that context to frame this whole business in here. 1271 01:09:13,005 --> 01:09:16,455 We have price trade down, clear out a short term, low. 1272 01:09:16,485 --> 01:09:20,355 What is that in terms of a PDA, right? 1273 01:09:20,365 --> 01:09:22,225 When it takes out an old law, what is that? 1274 01:09:27,675 --> 01:09:28,545 It's a stop run. 1275 01:09:28,545 --> 01:09:28,755 Yes. 1276 01:09:28,755 --> 01:09:31,365 But more specifically, what is it in terms of a PDA Ray? 1277 01:09:31,605 --> 01:09:32,955 It's a discount PDA, right? 1278 01:09:33,555 --> 01:09:36,405 So that means it's reaching for buy-side or selling. 1279 01:09:42,955 --> 01:09:43,524 Nope. 1280 01:09:43,554 --> 01:09:44,245 Think about it. 1281 01:09:44,694 --> 01:09:45,594 It's a sell side. 1282 01:09:45,684 --> 01:09:48,294 It's taking the sell side out of the marketplace. 1283 01:09:48,654 --> 01:09:50,604 Why do they want the sell side to buy? 1284 01:09:53,734 --> 01:09:57,514 Think about how I gave you the daily charts on the index, sell sides, always 1285 01:09:57,514 --> 01:10:01,535 below the marketplace and by biocides, always above you gotta think memory 1286 01:10:01,535 --> 01:10:04,025 that's at that, at that paradigm shift. 1287 01:10:04,294 --> 01:10:04,714 Okay. 1288 01:10:04,924 --> 01:10:09,184 You got to think like a market maker, you see retail stops 1289 01:10:09,575 --> 01:10:11,375 underneath Lowe's as your by point. 1290 01:10:12,245 --> 01:10:16,985 You see by stops above old highs as your sell point, you have to have that mindset. 1291 01:10:17,134 --> 01:10:17,344 Okay. 1292 01:10:17,344 --> 01:10:20,794 So below this low is sell side. 1293 01:10:20,794 --> 01:10:23,224 Liquidity is drawn on the accumulate. 1294 01:10:23,224 --> 01:10:26,434 They sell stops and in price does what comes up closest as little gap. 1295 01:10:26,615 --> 01:10:28,205 Wonderful, great trades. 1296 01:10:28,205 --> 01:10:31,775 Back down into an area of a previous down candle, which is 1297 01:10:31,775 --> 01:10:32,584 what, what is this down here? 1298 01:10:35,655 --> 01:10:36,405 But what's your water block? 1299 01:10:36,465 --> 01:10:40,075 What timeframe are we on daily? 1300 01:10:40,795 --> 01:10:47,935 So we have a daily bullish or block or a discount PD array inside of an area 1301 01:10:47,935 --> 01:10:49,225 where we've already rain stops out. 1302 01:10:50,965 --> 01:10:52,135 That's the only thing about this website. 1303 01:10:52,135 --> 01:10:56,905 Don't like, it has to constantly re update this last down candle here. 1304 01:10:56,965 --> 01:10:58,315 It's coming back down into it here. 1305 01:10:58,315 --> 01:10:59,395 That's your bullish or block? 1306 01:11:00,175 --> 01:11:04,555 The high starts at 84 67 for a daily. 1307 01:11:06,235 --> 01:11:10,795 There's nothing I can show you above where we're at now, because 1308 01:11:11,605 --> 01:11:16,885 it's all relative to how high the indices go on S and P down NASDAQ. 1309 01:11:17,905 --> 01:11:20,725 But we talked about this being low and you can still see it on the forum that 1310 01:11:20,725 --> 01:11:22,225 we were going to go higher on stocks. 1311 01:11:22,435 --> 01:11:22,675 Okay. 1312 01:11:22,675 --> 01:11:26,035 So I'm going to hit, I'm going to take Liberty in saying that we knew this 1313 01:11:26,035 --> 01:11:27,955 was going to go higher in probability. 1314 01:11:27,985 --> 01:11:28,645 Not in absolutely. 1315 01:11:29,910 --> 01:11:33,390 And this stock has been selected because if he go through all of 1316 01:11:33,390 --> 01:11:36,150 the stock selection stuff, this was one of the stocks that would 1317 01:11:36,150 --> 01:11:37,920 have been selected for bullishness. 1318 01:11:37,950 --> 01:11:41,280 And even after I did that video on YouTube, this stock still 1319 01:11:41,310 --> 01:11:42,450 outperformed on the outside. 1320 01:11:42,600 --> 01:11:46,500 So it's a really good mover on the upside bullishly so again, 1321 01:11:46,590 --> 01:11:51,170 the high comes in at 84 67 price. 1322 01:11:52,160 --> 01:11:52,490 Great. 1323 01:11:52,490 --> 01:11:57,680 Here, let me zoom in a little bit closer. 1324 01:11:57,770 --> 01:11:57,980 All right. 1325 01:11:58,010 --> 01:11:58,160 Yeah. 1326 01:11:58,160 --> 01:11:59,240 This last down candle. 1327 01:11:59,240 --> 01:12:00,740 What is this candle right here? 1328 01:12:01,010 --> 01:12:02,840 Is there any significance in this little candle over here? 1329 01:12:04,370 --> 01:12:04,850 What is that? 1330 01:12:09,370 --> 01:12:09,610 Yep. 1331 01:12:10,360 --> 01:12:13,510 Bailey's got it inside candle inside bar and say, yup. 1332 01:12:14,020 --> 01:12:17,380 So what does that tell us from a volatility standpoint? 1333 01:12:19,700 --> 01:12:20,690 Big moves coming. 1334 01:12:20,750 --> 01:12:24,170 Quiet moves in, stay sideways, explosive. 1335 01:12:24,740 --> 01:12:25,130 Okay. 1336 01:12:25,640 --> 01:12:27,620 So does price. 1337 01:12:28,665 --> 01:12:32,565 In a rather energetic fashion for a stock. 1338 01:12:32,565 --> 01:12:33,315 This is wonderful. 1339 01:12:34,695 --> 01:12:38,925 And then price comes back down this down candle hits right in here. 1340 01:12:39,075 --> 01:12:40,845 The open comes in 84 0 6. 1341 01:12:40,875 --> 01:12:43,905 The low comes in at 84 0 9. 1342 01:12:43,965 --> 01:12:49,725 They were only three points away for a stock, but the high is 84 0 6. 1343 01:12:52,065 --> 01:12:59,145 So we already be looking at 84 10 anyway, but the low comes in at 84 0 9, not bad. 1344 01:12:59,145 --> 01:12:59,325 Huh? 1345 01:13:00,105 --> 01:13:02,415 One point below where we would already be looking for now. 1346 01:13:02,415 --> 01:13:03,855 Do you understand why I say 84? 1347 01:13:03,855 --> 01:13:04,155 10? 1348 01:13:04,395 --> 01:13:05,535 Does anyone not understand it? 1349 01:13:12,385 --> 01:13:12,835 Okay, good. 1350 01:13:14,575 --> 01:13:18,655 So price hits that level round to the nearest 10 level that we reach for. 1351 01:13:18,655 --> 01:13:21,625 We wouldn't reach you for oh nine or oh six or oh seven. 1352 01:13:21,795 --> 01:13:23,125 Like that it would be the nearest 10 level. 1353 01:13:23,125 --> 01:13:24,115 Cause we're above that price. 1354 01:13:24,115 --> 01:13:24,805 It's comes down. 1355 01:13:25,255 --> 01:13:25,945 Price hits it. 1356 01:13:25,975 --> 01:13:26,574 84, 10. 1357 01:13:27,465 --> 01:13:29,295 And then what is this candle right here? 1358 01:13:33,965 --> 01:13:38,195 Again, we're not looking at the Wix, even though it does justify it, but 1359 01:13:38,225 --> 01:13:39,785 it's just inside candle as well. 1360 01:13:41,045 --> 01:13:41,345 Okay. 1361 01:13:41,375 --> 01:13:44,915 We have an inside candle and then what happens? 1362 01:13:45,335 --> 01:13:47,825 Price does what the next day does. 1363 01:13:47,825 --> 01:13:48,065 What? 1364 01:13:49,365 --> 01:13:50,405 No, no, no, not yet. 1365 01:13:50,405 --> 01:13:50,675 Jeff. 1366 01:13:51,575 --> 01:13:52,625 You're too excited and boom. 1367 01:13:52,625 --> 01:13:58,115 Yet we have a down candle again with an up-close, but look, what's happened. 1368 01:13:59,345 --> 01:14:03,275 This whole filter process started with this candle right here. 1369 01:14:03,275 --> 01:14:05,825 Did it not with the next candle being inside of this? 1370 01:14:06,005 --> 01:14:11,135 This candle's high is 86 15 and the low is 84 0 9. 1371 01:14:11,885 --> 01:14:14,795 The next candle it's low as 84, 68. 1372 01:14:15,455 --> 01:14:19,775 And it's high as 86, 10 it's inside of that range. 1373 01:14:19,895 --> 01:14:21,305 So we have an inside candle here. 1374 01:14:21,815 --> 01:14:23,735 Then we have this candle here. 1375 01:14:24,575 --> 01:14:25,115 It gaps. 1376 01:14:26,280 --> 01:14:29,670 But does it go outside of the range that we started, the filter process on. 1377 01:14:32,150 --> 01:14:35,870 It's still inside of this volatility Grange. 1378 01:14:36,620 --> 01:14:37,820 We have this candle here. 1379 01:14:37,910 --> 01:14:42,680 So what do we do every time we see a inside candle immediately. 1380 01:14:42,740 --> 01:14:48,770 You want to frame that range, this candle, draw out a line, draw out a 1381 01:14:48,770 --> 01:14:50,690 line from the tiniest low and it's open. 1382 01:14:50,690 --> 01:14:51,230 It's closed. 1383 01:14:52,100 --> 01:14:55,310 When we opened up here, we get down and traded up. 1384 01:14:56,630 --> 01:14:58,010 We're still inside that range. 1385 01:14:59,150 --> 01:15:04,010 At eight context of bullishness, we traded down into the bull shorter block. 1386 01:15:05,420 --> 01:15:10,010 The next day, look at at huge gap, enormous gap. 1387 01:15:11,980 --> 01:15:13,480 It already takes out a short-term high. 1388 01:15:13,810 --> 01:15:14,560 And then what does it do? 1389 01:15:14,560 --> 01:15:15,520 It trades back down. 1390 01:15:15,520 --> 01:15:16,210 What is this? 1391 01:15:16,360 --> 01:15:17,290 What's this right here. 1392 01:15:23,610 --> 01:15:24,180 The fair value. 1393 01:15:27,395 --> 01:15:31,985 So fair value gap at a bullish order block and inside of a volatility filter. 1394 01:15:32,195 --> 01:15:35,135 It's left this area here by going here. 1395 01:15:35,615 --> 01:15:40,325 So it trades back down and closes in because what there's no, there's no. 1396 01:15:40,595 --> 01:15:47,075 Um, there's no delivery of price between this candle here and here. 1397 01:15:48,395 --> 01:15:48,845 See that? 1398 01:15:51,265 --> 01:15:52,705 No, there's no price delivered there. 1399 01:15:52,915 --> 01:15:56,815 So it has to come down and close that in offer that and rally away 1400 01:16:00,465 --> 01:16:04,515 by having these ideas in concert with among them, we didn't just 1401 01:16:04,515 --> 01:16:06,135 pick any old Willy nilly stock. 1402 01:16:06,285 --> 01:16:09,135 We picked a stock that it's already been selected as a Busch stock. 1403 01:16:10,425 --> 01:16:11,445 It's been outperforming. 1404 01:16:11,655 --> 01:16:14,115 So therefore, if there's going to be another move higher in the equities 1405 01:16:14,835 --> 01:16:18,255 indices, major indices to this, stock's going to probably see it too. 1406 01:16:19,005 --> 01:16:21,855 You go through the whole process of mapping out higher 1407 01:16:21,855 --> 01:16:23,205 timeframes or lower timeframe. 1408 01:16:24,180 --> 01:16:26,520 So we're looking at $84. 1409 01:16:26,550 --> 01:16:28,590 Let's go out to a weekly chart. 1410 01:16:29,340 --> 01:16:29,580 All right. 1411 01:16:29,580 --> 01:16:38,090 So we have, excuse me, from a weekly standpoint, price trading 1412 01:16:38,090 --> 01:16:40,280 go low, the last down candle here. 1413 01:16:41,540 --> 01:16:42,440 But apart from that, 1414 01:16:45,600 --> 01:16:50,880 nothing up here outside of what you can only find on a daily chart, we've 1415 01:16:50,880 --> 01:16:56,460 expanded on a monthly, we've expanded on a weekly, we've expanded on a daily. 1416 01:16:56,700 --> 01:17:00,960 So if there's nothing to reach for, for discount PDA, raise on a monthly 1417 01:17:01,110 --> 01:17:02,580 and a weekly, where do you focus 1418 01:17:07,750 --> 01:17:08,170 Daley? 1419 01:17:08,980 --> 01:17:12,190 And if you don't find anything on the daily, but you're bullish 1420 01:17:12,190 --> 01:17:17,230 on equity and major indices, what do you look for for hour? 1421 01:17:17,230 --> 01:17:17,920 Very good. 1422 01:17:18,010 --> 01:17:18,580 Very good. 1423 01:17:20,140 --> 01:17:21,340 So now we're going to go down to a four. 1424 01:17:23,405 --> 01:17:24,035 Intraday. 1425 01:17:24,335 --> 01:17:30,875 So you got to enter day two 40 for last month. 1426 01:17:32,405 --> 01:17:33,485 Make sure it says two 40. 1427 01:17:33,485 --> 01:17:35,045 Cause it wants to change every time you do that. 1428 01:17:43,795 --> 01:17:44,095 Okay. 1429 01:17:44,575 --> 01:17:54,105 And there's that gap in here and in here and it closes it right to the PIP or 1430 01:17:54,135 --> 01:17:59,655 the point if you want to call it that closes it in and rallies notice even on 1431 01:17:59,655 --> 01:18:02,894 a four hour basis, look at the four hour. 1432 01:18:03,465 --> 01:18:04,155 What's this 1433 01:18:11,224 --> 01:18:18,485 inside candle at a time when price is expected to go higher, does it explode? 1434 01:18:20,910 --> 01:18:21,389 It takes off. 1435 01:18:22,019 --> 01:18:27,240 So I'm going to give you, um, another example this in a Forex 1436 01:18:27,240 --> 01:18:31,830 pair where everything lines up and give you the points of reference. 1437 01:18:31,900 --> 01:18:34,830 That makes sense and how we use the swing trading ideas, but the 1438 01:18:34,830 --> 01:18:37,259 volatility filter really all it does. 1439 01:18:37,259 --> 01:18:42,450 It doesn't give you anything by itself like an inside candle at any other time, 1440 01:18:42,710 --> 01:18:48,000 doesn't have the same significance that, that of a inside candle, when the market's 1441 01:18:48,000 --> 01:18:52,349 bullish and it's at its discount, PDA on a higher timeframe or down to a four hour. 1442 01:18:52,920 --> 01:18:56,190 When you see an inside candle and it's already predisposed to go higher. 1443 01:18:56,190 --> 01:19:01,019 Based on your analysis, men, you cannot ask for something easier to know when 1444 01:19:01,019 --> 01:19:02,370 you're going to have a big explosive move. 1445 01:19:04,200 --> 01:19:07,349 Uh, first time I introduced the inside Canada was the teaching 1446 01:19:07,440 --> 01:19:11,280 on a lesson seven of this month. 1447 01:19:11,940 --> 01:19:15,809 I talked about inside candles before when I was doing live sessions, but I 1448 01:19:15,820 --> 01:19:17,549 just briefly went over top of Monday. 1449 01:19:17,549 --> 01:19:19,200 I'm going to go and go beyond. 1450 01:19:21,590 --> 01:19:23,870 The body is what I'm looking for predominantly, but the 1451 01:19:23,870 --> 01:19:26,420 range begins to high and low. 1452 01:19:26,840 --> 01:19:27,230 Okay. 1453 01:19:27,710 --> 01:19:32,270 So any candle that creates for your notes, any candle that trades 1454 01:19:32,270 --> 01:19:35,630 inside of the previous candle that becomes an inside candle. 1455 01:19:36,140 --> 01:19:40,340 We're looking primarily at the body that came up to define it, but if it 1456 01:19:40,340 --> 01:19:43,040 does trade inside that range, okay. 1457 01:19:43,610 --> 01:19:47,300 You want to make, be able to map out the high and the low and extend 1458 01:19:47,300 --> 01:19:48,410 that out over a couple of days. 1459 01:19:48,650 --> 01:19:48,890 Okay. 1460 01:19:48,890 --> 01:19:49,940 And usually no longer than three. 1461 01:19:49,940 --> 01:19:52,430 Cause again, swing high swing low is formed over a three-day period. 1462 01:19:53,240 --> 01:19:57,980 So in the next day or two, you're going to see that explosive price action moved. 1463 01:19:57,980 --> 01:20:00,860 It takes, it takes off in the direction you expected to see 1464 01:20:02,090 --> 01:20:03,560 by itself doesn't mean anything. 1465 01:20:03,860 --> 01:20:08,600 But when you blend that together, that's like that last little piece before the 1466 01:20:08,600 --> 01:20:13,520 rocket fuel is injected in the market will explode and it's in your interest 1467 01:20:13,520 --> 01:20:16,040 to go through the charts and go back and look at every time there was a big. 1468 01:20:16,845 --> 01:20:19,245 Interscope through the big moves that took place on a daily chart, you can 1469 01:20:19,245 --> 01:20:20,445 really just reduce it down to that. 1470 01:20:21,345 --> 01:20:23,325 Reduce it to looking at like this. 1471 01:20:23,355 --> 01:20:25,995 I guarantee you, this is always. 121540

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