All language subtitles for Lesson 4 - Projecting Daily Highs _ Lows- EN

Welcome back folks to the April,
2017 ICT mentorship content or

teaching ICT day trading model.

This is lesson four, specifically,
teaching projecting daily highs and lows.

Okay.

As we just mentioned in the previous
teaching lesson, number three central

bank dealers range, when we talk about
the most likely sell days, moving up as

high as three standard deviations, and
most by days, moving down and making the

low of the day as low as three standard
deviations from the central bank dealers

range, we can take this one step further.

The range at which price works within
the protectionary state, away from

the central bank dealers range.

In other words, are we moving higher
away from the central bank dealers

range for a sell-off or sell day?

How much of that range are we moving?

Now?

This is not Fibonacci extensions or
projections, or like that we're looking

specifically at the range that IPTA will
go into protraction, airy state and move.

Counter the direction of the
intended direction of the day.

In other words, it's the Judas swing.

We don't necessarily have to know
beforehand to the PIP, what the

extension is going to be away from
the central bank dealers range.

We just need to know what it is
after the move has already in suit.

So even if we get it wrong, okay, I'm
gonna play devil's advocate program.

So you don't get it right in London,
but you're able to capitalize on a

continuation in New York, how far in the
future will price reach based on ETA and

using the central bank dealers range.

That's what this teaching will give us.

And just like we showed
with the previous slide.

Ideal scenarios are going to be seen with
no more than two standard deviations.

Usually it's about the
bulk of buy and sell days.

You'll see price go down many times,
just one standard deviation, but

two is generally the general rule
of thumb, but across the board, as a

general rule of thumb, they generally
don't like to go beyond three standard

deviations and we already assumed.

The role for the use of force standard
deviations in the previous teaching.

Okay.

Just a quick brief review, because
I don't know when you're going to

watch the lesson three and review.

So I'm going to use these slides again
because it's salient for this topic.

When we look at the central bank
dealers range, again, the range between

two o'clock and 8:00 PM, that range
is ideally best suited for our use.

Less than 40 pips.

And again, preferably 20 to 30 pips,
we moved to the sidelines and we do

not look to trade with the central
bank dealers range in our repertoire

when the range is greater than 40 pips.

And again, we're focusing on
nailing down where the high or the

day on the low of the day, maybe.

Okay.

And we always look at the such my dealers
range in terms of using the spread of

the wick to wick high, to low range
between 2:00 PM and 8:00 PM New York time.

And I like to look at the body.

The highest high in the form of open
or close and the lowest low in the

form of an opener close, not the Wix.

So I get the range in the bodies, but then
I also do it on the Wix as well, because

you want to do everything you see in this
teaching here, you're going to do the

same thing using the Wix, but I'm teaching
it through the use of the bodies because

that's predominantly what I go to first.

I get the ranges and projections
and measurements based on

the bodies of the candles.

Okay.

So now, now we get to the part
where most of you have been waiting

for a long time to learn this.

And to be quite honest with you,
I'm not sure why I'm doing it.

It's one of those things that
I've kept for a long, long time.

And I promised that you would
learn it in this mentorship.

So, um, if you are.

In the sharing spirit, if you're ever
in the Robin hood mentality, you know,

you want to give to everyone else
that aren't a part of this mentorship.

Um, this is one of those things
you just really, really, really

want to keep to yourself.

It's not common knowledge.

It's not out there anywhere else.

Believe me.

When you start looking at it and saying
you'll, it's mind boggling, it really is

mind boggling how precise you can get.

We, we showed the standard deviations
and the application of thereof.

Okay.

And obviously it looks like just grabbing
the best ones and then doing that.

And there it is.

It's as simple as that.

And it's all pure hindsight.

But if you look at what I'm gonna
show you in this teaching and go

back to the analysis during the time
when we were looking at the market

like this, you'll see the levels
that I had given on the chart index.

They're all.

Okay.

So we're going to take a look at
every one of these examples, with the

exception of the 58 PIP, uh, central
bank dealers range, because that's a

Nick's, we don't do anything for that
particular day, but we will comment on

that when we get to that second example.

Okay.

So let's go out to a daily chart and
I'm gonna ask you, what do you see?

cam drawing your attention
to a specific level with that

little trend line blue line.

And that's the segment of price
action that we're looking at in

terms of those examples and highlight
that little area in this white box.

Okay.

So we're looking at this
whole entire reference.

And again, I'm gonna count you to go
back to the time when we were talking

about the cable in analysis, in
all of the charts that were shared.

Okay.

Go back and look at that.

So none of this stuff is cherry picking.

Okay.

So what we're doing is we're looking
at the marketplace using the PD

Ray matrix, and we're blending
it with time and price theory.

So we're looking at if the data around.

We're looking at PDA rate matrix.

Are we in a premium or discount?

The market trades down in the lower
range of that white rectangle until

it hits a bullet shorter block?

What I've done there is I've taken the
Sunday candle and the Monday candle

blending this small little Sunday
candle and Monday candle into one.

Blending, the two bodies together.

And I got a measurement of that and
I projected it across the chart.

And you can actually go back and look
at your notes and look into the forum.

And I counsel you to download
the charts every day.

I do them because you can keep track
and see that I don't make any changes.

I don't go back.

And re-edit them.

You get them as I see it.

So that way you can compare what
I'm explaining to you here was

exactly outlined in terms of the PDF.

Specifically, I even tell you
that's a mean threshold of a

bull, a shorter block there.

So the price hits that level creates
the first of three up candles.

And now we're going to go into
those examples and break it down.

Okay.

Folks.

Okay.

Here we are.

We're at that point where this stuff
starts to get really, really interesting.

So when we look at these examples,
okay, this is where the price has traded

up into premium on the daily chart.

And we did our standard deviations.

Okay.

And we see price that was on
a daily chart in a premium.

At this time, we have a
bullish candle, right?

For the down move here
that gives us a bearish.

That low comes in at

1 25 93.

The high comes in at 1 25 97.

So it trades up into the body of the
bare shoulder block standard deviation

of two price extends up to the Santa
deviation, right to the PIP, and it starts

to trade off for the rest of the day.

When we have the standard deviation
arrived at based on a PDR, right?

In other words, we're looking at a premium
PD, Ray, they are shorter block price

and a daily premium hits it in London,
have a projection in each state in the

marketplace due to swing in London,
goes right to the PIP and trades lower.

The question is, is how low.

But you have to look at the range
and it's created by the central bank

dealers, rains, protraction, every state.

In other words, how much of a
standard deviation did we see?

Because that becomes the known
range to work with and then

becomes our multiplier as well.

So when the market looks to fill
the numbers and I'll tell you what

that means, when we get to it,
we use this reference point here.

So it has to actually the actual
standard deviation, right?

That we use for the central bank dealers
range and all the standard deviations that

it uses to make the high or low of the day
in London that becomes your measurement.

Okay.

So what we have here is the market
showing us a midnight in New

York candle vertical line, and
then 1800 or two o'clock in half.

New York time.

And again, each day, midnight in New
York, two o'clock in the afternoon,

midnight in New York, two o'clock
in the afternoon, midnight, New

York, two o'clock in the afternoon.

Okay.

And I'm going to give you the London
kill zone reference points now.

And this is that weekly.

I'm sorry.

The daily premium PDRs.

To price trades up into
it and starts to sell off.

So in this time element here, this gives
us our London clothes time of the day.

So this candle here starts it.

This is the middle of the
London kill zone close.

And we have this candle here
right there that creates the.

The projected London close time
window, but then we have ultimately

two o'clock where we actually see
the close of our highest point.

No worries.

Usually the higher, low, even
when a really long winded

trending day two, o'clock usually
caps the higher load a day.

If we, if we continue through
London close kill zone, or basically

if we go past noon, New York.

Uh, we look forward to go to two
o'clock and dribble down or run up until

that, that specific time of the day.

So all of these days, we don't have
anything on this day here because the

central bank dealer trains was 58 pips,
regardless of who we used the Wix as high

and low, or if we use the bodies high
and low, it doesn't make a difference.

The point is it's still too much
of a central bank dealer's range to

use for our projections in the year.

So we have to skip on this day here, but
we use other tools which will explain.

Uh, the daily bullish or block price
trades down into that, on this big

central bank dealers range day trades
down into the bullshitter block here

and finds momentum, the trade higher.

And then we have the scenario we
would expect to see price move

higher on a Bush discount PDR.

Right.

And the same thing here, continuing
up, looking to close in our gaps over

here, which we'll look at the moment.

So when we have.

Range here, price pre losing
to a projection and a state,

two standard deviations.

What you do is you take that range
and yes, I do all this by hand.

Okay.

So we have our range and you just
lay that on the bottom of the central

bank dealers range, then you start
layer, then layering them down, hold

down, control, drag your image away,
click on it and drag away with.

Button held down there.

Okay.

So we have to blend two things
now, time and price theory.

So we're looking for this whole range
of two standard deviations projected

from the central bank dealers range low.

It's going to be a bearish day.

So we have one standard deviation of the
total standard deviations used for the

central bank dealers reigns to call the.

So we have one of those standard
deviations to their standard deviations,

three of their standard deviations.

Why am I doing three?

Is because price kept going lower,
lower, lower, lower until we get

to the time of day right in here.

Okay.

So I'm going to draw

it vertical line delineating the beginning
and the end of the one that kills them.

And close rather.

So this candle closes it at noon.

This is 11 and it starts as early
as 10 o'clock in New York time.

Okay.

And we have this projected low.

So I'm going to use this line
here and yes, the charts will look

a little bit busy for a moment

and we'll project this out in time.

Okay.

So.

We could take profit here on this day.

Uh, the low comes in at 1 24 76.

The close on that candle stops rate
at two standard deviations of the

central bank dealers range right there.

And you see that boom hits it.

Okay.

Yes, it wicks down a little bit
more analyze, see it a little bit

more than that, but not by much.

Okay.

And now we're going to look at
the 1800, which is the capital.

There's the low and there's
our projective low right here.

Come on.

24 40.

We called 1 24 41.

So it was off by one PIP.

Okay.

So time-wise, we looked
forward to occur here.

It just fell a bit short, but had
to go one more standard deviation

because it kept drifting lower.

So there's nothing wrong
with just taking the prof.

And leaving something open for
the rest of the day, because

there's a discount PD array.

Oh, they bullish or blocked down here.

The two we saw on the previous slide,
that would be your objective, but you

can take profits, Tom wise, here with
two standard deviations of the central

bank dealers range, two standard
deviations used to make the high the day.

So again, in summary, we're
taking the total range used of

all the standard deviations.

1, 2, 3, counting central
bank dealers range, always.

So we have three of them.

So we get a mock-up of that range and
then projected from the low on cell days.

Here's 1, 2, 3.

And it gives you the, uh, if
the projected daily range low.

Okay.

I'm gonna take this off.

Okay.

And we can't do anything
with this one here.

Um, we'll have to wait,
get new information.

And the next day here, we have our
criteria here where it's a small enough

range with such my dealers range.

We do one standard deviation.

Why are we going down
one standard deviation?

Because we have the bullet shorter blocks
in here and an old bullet or a block

back here, price trades down into it,
clears out even the rejection block,

which would be the bodies of the candle
sweeps through that in London, one

standard deviation misses it by two pips.

Okay.

So this is going to be a time
where you just don't get it.

Exactly, but it's still combed
once they're in deviation.

So we get a range okay.

Of these two.

So what you do, how far this

okay.

And I'm getting a measurement
of that total range.

It's the same thing.

And actually it's pretty interesting.

Okay.

So we have one,

two, okay.

Two projected standard deviations.

That gives us a projected high.

And I'm gonna tell you why I
stopped here before you start

thinking, oh, you're cherry picking.

Okay.

So we have the projected high called here.

Notice that this wick right
here goes through our projected

idea of where price should go.

But this one stops right to the.

Here's our time when it, when
it starts on this candle.

So it was a little bit early, one
hour early making the, when that one

hour early, but in the nine o'clock
hour of New York time, it made

the high, the day and 10 o'clock.

It made this candle's high
11, and then noon here.

Why did it go up to this level here?

Forget the time element.

Cause you're never going to
have that perfectly, but it

just gives us a ballpark figure.

Time-wise when to anticipate
the move to unfold.

But I want you to look for
that favorite here we have.

It makes a low and the close comes
off that low by a little bit.

Then this candle opens
trades up a little bit.

So all of this buy-side delivery vacancy.

Okay.

Or void of my side delivery.

It's only sell side delivery
begins at this candles low.

Okay.

At 1 25, 26.

So from this candle's high
here at 25 0 3 to this candles.

At 25, 26, we have 23 pips of range
that closing rate up to this point here.

So we can look at that, like
this here is the fair value gap

that needs to be closed in it.

Does it right there and goes
just a PIP or two above it.

Closing in this fair value you
got from this high to this low.

So it closes that.

So there's a reasonable expectation
for us to take profit there.

Cause we want to get out early
anyway, but that's why it went to that

price point using the PD race phase.

And nothing's changed.

There's no home, no Hocus Pocus.

It's all stuff that you've learned, but
now we're applying it with great deal

of precision and using time elements.

Okay.

So we went to standard deviations up.

If we would have to go
three, we went through.

That was, took us up to the
Bayer shorter block, but we were

getting close to the time window.

So while we could have expected
this to occur, two is about right.

Cause we're going to close in the
fair value gap as we were running up

here and they came late in the day
on New York for London close overlap.

So that's why we'd expect to see price
Peter out at that point again, here

we have two standard deviations down.

It goes right to the.

So we get a measurement of
this tire range of two standard

deviations for that particular day.

Okay.

So we have our range defined

for that one.

And.

Okay.

So we have two potential
standard deviations up.

And also when price trades down
to standard deviations, what we're

actually seeing is it trade down to
another discount PD array, which is

these three consecutive down candles.

All we're going to do is extend this
over and you'll see the overlap.

So, okay.

So price trade down hits it.

The opening on this candle is 1 24 36.

The low on this candle is 1 24 36
precision Toussaint deviations.

Okay.

And as a general rule of thumb,
I like to always throw two on

just to see what would line up.

So on the first one we see price could
reach up to this fair value gap in here.

So this candle high in this
candle low, we left a little bit.

Um, south side delivery only.

So as a buy-side liquidity void that
we can see a trade up into it's more

specifically this candle, not this one.

Sorry, this candle here.

So we can look at that
frame that out here.

Okay.

So on this day, price trades up,
here's the noon close of London.

This candle right here, trades up closes.

To the bear shorter block, it goes
inside of the second deviation.

So while there still may be some range
permitted based on the projections,

it's the PDA raise that called the shot.

Okay.

It's not the magic of these projections.

These projections will lead you
to an overlap of time and price.

So we're looking at the extension
of the range, two standard

deviations measure that projected.

Probably eight, uh, consolidation
of the central bank dealers range.

Hi, we place that on there.

One standard deviation that alone
would have been enough and you

could have took profits right
there, and that would be fine.

And just left that little piece on there
for the fair value you got to fill in and

let the rest of the people chase that.

The second one, you can have a
little piece on still, once it

closes into the fair value gap.

Again, you would take another
portion of your trade off and it

see if it has any room to trade.

Ultimately it never does, but that's the,
that's the way you use it in order to read

from the, the, when they close kills them.

When they cut loads, kills London,
close kill zone, the standard

deviation range from the central
bank range protection, every state.

In other words, how many
standard deviations is go up?

That's your key?

Okay.

That's the thing that
makes IPTA reach for it.

Now it will go those many blocks.

Down until it reaches the time of
day where we expect the range to cap.

That means it's.

If it's a New York, uh, session
reversal, like we see here now we're

not using the range here because the
central bank, uh, dealers range is two

to extend it, but price trade down into
a New York session reversal because

it hits a daily bullet, shorter block.

And then that's our weekly low,
and it price has a slightly bullish

day intraday on the next day.

And then we have our set up going
into the rally on March 30th, train

down into rejection block bulls,
shorter block overlap, and then

two standard deviations up nails.

It, no, we didn't get the exact
range high in here, but using the.

The fair value gap in here,
and we've gotten your real

close to pips away from it.

So you can't argue about that.

That's sometimes you're
going to be right to the pit.

Sometimes you'll be just short one
or two pips, and other times it will

be just maybe five or six pits above.

And there's nothing wrong with leaving
a little bit of that on the table.

If you're looking for that, always,
I'm not gonna be able to help you

with that measure of, uh, precision.

So by blaming these things like
this, it gives us an overlap

of central bank dealers.

Projections.

Okay.

And let me remind you that the
precision really is on the entry

side of the low, on the, by days
in the high, on the sell days.

That's the standard deviations, a
tactic now where this will get you

in trouble is you're going to try
to apply these standard deviations

based on the range between two o'clock
afternoon, 8:00 PM, New York time.

You're going to try to
do it every single day.

And you're gonna forget about the
importance of having a range between 20

and 30 pips for the central bank dealer.

It has to be less than 40 and you
have to have a directional bias.

Remember we were in a premium up here.

We saw a price coming down to a discount
PDA, which is the bullet shorter block,

the reasonably expected to bounce bounce.

It does.

Okay.

So to get into buy-side one
standard deviation, then I could

have done two standard deviations.

Okay.

And shade down below these wicks
could have done that, but it

already hit this order block.

And we found this low in here.

The body's equal in here.

We saw.

I didn't get quite down there.

No problem.

Big deal.

Even if you miss this move, look at this
one here you make up for it the next day.

Is it a trade every single day?

That's what I'm trying to show you
by sitting down with you every single

trading day and using the things
that you've learned thus far in the

order that you've been learning.

Now you can see that it doesn't equate
to getting money every single day.

Now some of you are in here using other
tools and using things of your own.

Uh, you're in, you're in discovery
of my tools and such, and

you're able to find some stuff.

That's fine.

That's great.

But when we do live sessions, I don't
want folks trying to call out what

they think is going to happen, unless
I'm specifically asking you, because

I'm trying to keep the learning
curve, basically everyone in the same

mindset, because if I can hold you
all collectively, as long as I can

in that mindset, you'll hopefully
learn in its closest way possible.

Step-by-step with each other.

And some of you are a little
bit more advanced because you've

been using my stuff a little
bit longer than the mentorships.

But a lot of us are in here are
talking for the first time and

we're using the content, you know,
in a graduated modular state.

And this is the way you learn it.

So by blending these things again, this
has nothing to do with Elliott wave.

It doesn't have anything
to supply and demand.

It's all interbank delivery.

Okay.

So this is the science.

If you will, behind IPTA calling
the daily high and low, please.

Please understand that this is something
that should not be out there on YouTube.

If you see this on YouTube, send me
an email@innercircletraderatgmail.com.

Tell me that's the only send
me the link and I will flag it

and have you to take it down.

None of you would have permission.

None of you have permission
to post this anywhere.

And I certainly don't want to post
it on online video hosting mediums

or made available to other people.

So.

It's just too good to be
out there in the public.

Um, I debated whether or not I
wasn't even going to include this.

If y'all would've kept it out.

You never would've known in any way, but
you would have, you would have missed

how I am pretty much calling the highs
and lows when there specific times of the

day and times of the week and times of
the month where it lines up, this is how.

So hopefully you found
this, uh, insightful.

I'm sure some of you are
going to be nuts about it.

Go through all your charts.

And this week will probably be a
very light sleeping week, but I can

assure you that this isn't all there
is we get a lot more precise than.

But there's some things that you
have to take in consideration.

Obviously, if I gave this on a YouTube
video and mentioned, uh, you know,

all the things that we've learned
so far in, uh, in the mentorship,

it still wouldn't serve many people
because they would try to over use it.

They would try to use every single day.

They wouldn't understand
that PDA rate matrix.

They wouldn't understand the, if
the data ranges, they would just not

have all the insights that you have.

Again, this gets back to why
it can't be done in a video.

It can't be just one video.

Does it.

You have to have all the stuff that's
been taught thus far, and now you can

see how they start to draw together.

And there's some symmetry here.

So now, because we are understanding
these ranges, we can take our precision

a little bit more further, and now
start to understand when we don't

really want to be taking specific dates.

So now instead of trading every single
trading day, while I will be forced to

try to do it, I will remind you based
on these rules that there is, or is not

the high probability set up based on
the central bank dealer, trains being

in an area of discount or premium.

And we're not in a
range that is conducive.

In other words, 2030 is ideal in terms of
pips for the central bank dealers range.

If it's bigger than that, we have a
harder time getting these measures.

Okay.

So you remember it goes back to power.

Three average daily range is about a
hundred pips, not always, but generally.

And we look for an average about 33
pips for a projection, any state in

London, it doesn't have to do that.

It can be just six pips.

Okay.

But generally we allow up to 30.

But if we have a central bank dealer
range, that's greater than 40 pips.

It usually messes up the synchronization
for the London open, killed home.

So hopefully you found this insightful.

Please do not share it.

Please.

Don't be your best friend to somebody
else and give this out to someone.

Keep it to your close to your vest.

Don't share it.

Trust me.

It's this way.

Way too.

Good to be out there for everyone
else to know you paid for it.

Be greedy with it.

There's nothing wrong with that.

You earned it until the next lesson.

I wish you good luck and good.