All language subtitles for 2. howmarketmakersconditionthemarket EN

Okay folks.

We are in the second teaching of a series
of eight for the month of September, 2016.

And you've seen this before, but I just
want to bring us up to you one more time.

Uh, this is the market efficiency
paradigm and what does jelly is or

what I was trying to communicate by
drawing it out is we, as new traders are

collectively part of this larger whole.

Of uninformed money and whether we
acknowledge it or whether we believe it

or what, uh, we invariably come in contact
with the understanding that there is a

smart money group of traders out there.

And when I first got involved in trading,
I didn't know anything about smart money.

I just knew that the markets were
potentially there and I could be proud of.

And in fact, I was going to be profitable.

I knew it.

I couldn't believe that I ever
lose money until I lost it.

So when we, as traders, look at the
marketplace as new investors, new

traders, new speculators, uh, we may
or may not have the understanding that

there is a smart money entity out there.

And we, as the larger populace
of retail minded trading, we

think because of our sheer, vast.

Okay.

We are the driver.

Okay.

Apparatus that's called the marketplace.

And we tend to think of ourselves as
the drive axle of what makes the markets

go up and down, which is the facade.

That's the facade of supply and demand.

That's the facade of trend
lines, driving price.

When it touches it as the facade of
moving average crossovers causing

price go up or down, that's the facade
that's waited and we are led to believe

that that's exactly what it takes.

Either in books or in seminars
or webinars or gurus people.

And I've done this when I was younger too.

I, I was convinced that
indicators drew price up and down.

And I, I packed houses on America
online when I got on, I want a

chat room and people were in there
flocking to here, the things that

I would discuss about stochastic
and RSI and William street center.

And I was talking about
three momentum indicators.

When you, if you're just
going to follow a momentum.

So, if anyone knows more about being in
this group over here, trust me, it's me.

I've been, I've been in this group
enough to know that I learned more about

this group over here, that doesn't like
to draw too much attention to itself.

The contrast that with everybody in the
retail, we all have Twitter accounts.

We all have my effects,
books that we're sharing.

We're all trying to be on Instagram,
showing Lamborghini's and whatever.

Houses cars, boats, yachts, girlfriends.

They ain't even yours.

Everybody is living large over here in
the uninformed money and smart money.

They're here quietly,
just doing their thing.

Who's inside the small circle over
here, the banks who's in here,

everybody on social media, everybody
in a retail account at all real gurus

and teachers out there that have
things that they're selling services.

Yes, I have a new service, but when
I'm teaching you ain't available

anywhere else, see this group,
this large populous of people they

think, and I was part of this group.

Initially, they think that the sheer
vastness of the size of them is much more

controlling in terms of where price is
going to be driven higher or lower because

of the buying and selling pressure.

That's equated to their
mere involvement in price.

And that's a facade, this huge
populace of trading people or traders

community, and the retail realm is
really not that big, but we are led

to believe that we are huge in it.

We were given, this is idea of
ourselves that we're giants.

We push price around and.

We don't.

In fact, it's this small
little group of traders.

Okay.

They're the ones that influenced this
entire mechanism that we call the markets.

This small little group of traders
is actually the drive shaft.

And if this was a belt,
like when a car, okay.

Like an alternator.

Is the actual motor spinning
the whole price higher, lower.

It's not this big circle of people.

So there has to be a paradigm shift.

See if you're over here thinking that
it's the group of traders that is online

talking amongst themselves as a whole.

They're the ones that make price go
up and down because of their buying

and selling interest because the
supply and demand factors around them.

That's what pushes price around.

That's a facade.

And I'm here to tell you that you
need to put that to bed now, because

I'm going to level everything
you've ever imagined about the

marketplace and how it really works.

You have no idea where we're going and you
need to leave this realm and this circle

of people and their thought processes
and transition and have a paradigm

shift in your thought process about
how the markets are efficient, because

they're not efficient for the spectrum.

They're efficient for the smart money,
the banks drive price, whether you want to

accept it or not, that's what's going on.

And the sooner you get to that
understanding and expectation of

what it is that's going on in price.

It's not for your well-being it's
for the bank's well-being it's

their business, their liquidity
provider, everyone else's liquidity.

Are you alone?

Oh, a lion, which one?

Because one of us is going to eat
meat and the other one's going to

stand there, looking stupid and grass.

I don't want to be a part of this herd.

I didn't want to be a part of that.

Once I understood where I was, I wanted
to get out of there and I'm going to

live over here in a small little area.

And for years I quietly made
money doing nothing, but focusing

on the things I knew that this
small group of entity of traders.

And I looked at these individuals
initially with the stain thinking,

I'm going to come after you.

I'm going to, I'm going to devour you.

I'm going to do the same thing.

And then as I looked at it more
and more and heard stories about

people and it alives losing their
homes, marriages, it tugged on me.

And I didn't want to just be
over here being like the banks.

And then I bridged over into
what you saw me do in 2009.

And I revealed a lot of
things in this mentorship.

You're gonna learn a whole lot.

That's not meant for you to
share it on your YouTube channel.

It's not meant for you
to share it on your blog.

It's not meant for you to
pass it around on Twitter.

Instagram, make torrents.

It's not supposed to be there.

It's only supposed to be between you.

You're welcome to share this with your,
uh, this information with your children

and your family members started legacy,
but don't make this common knowledge.

It's going to happen.

Some goobers going to take
this stuff and be the one that,

you know, I'm the cool guy.

I'm the one that got in there and
made it all accessible to everyone

else that she could feel the heat.

Look, the hero that you're
not really doing yourself.

Let this stuff stay well hidden.

You're paying for it.

Appreciate it for what
it is and don't share it.

It's not going mainstream.

This is the group that we have,
whoever can make it in between

October 1st and now that's it.

That's it.

Because when we leave September
and October, we're buttoning

up all of the free tutorial
stuff and we're going right in.

The nuts and bolts of where we got to
go to, to get to the lighter months.

See, when we come into the
marketplace, we don't understand this.

We think that this group, that we're
part of we are the, the, the market.

We are the market where the
traders, we push place up and down.

But if you are honest with yourself,
if he's traded at any time, and

you look back on your trading,
you probably looked at the market

and you saw something like this.

He knew something was going on and
you just couldn't put it together.

You see these vague things that take
place in marketplace, your stock gets run.

It looked exactly like he was going
to go up, but it came only down,

knocked you out, then went up and you
see these things happening to you.

You just can't figure it out.

You know, there's something to it.

You've had the sensation
that, yeah, this is rigged.

My brokers have to get me.

It's not really your book.

It's the interbank feed that drives
price against the funds and the

brokers are going to expand the
spread as well on you and not you out.

When you look at the price action
as a new trader, and you didn't have

this exposure to understanding how the
markets are being driven and manipulated

to the degree of every single mint.

My minute detail.

They're absolutely correct.

It's an AI it's artificial
intelligence and it's, you are not

trading against a person anymore.

It's a computer program that
delivers price and it knows human

behavior because it's the same way.

It's been always fear and greed.

So when you look at price and you've been
trading for a while and you had this fuzzy

picture about something going on behind
the scenes, but never really understanding

what it was until you met me.

And suddenly there's clarity.

Suddenly you understand that there's
something that's been there all wrong.

Now you can identify it.

And what's more important is
you understand how to track it

and do the same thing it does.

And by default, you become a resident
of that small circle because this

small circle is the drive shaft.

It wits makes the markets go up.

It's not the big populous of traders.

It's the liquidity provider.

So you need to be thinking like
this small group is over here.

They're not trying to draw
attention to themselves.

They're not trying to be online,
flashing this and flashing that

they're just quietly in here.

Skinned people arrive and
you've been there before.

And just, this is where as I have you
either stay in this business long enough

to lead this group and come over here.

Or sit back in the middle here, you
get real close to being there and

you get bounced back to this group.

Get real close to, uh, getting over here.

And then you start developing a little
bit more and you play tug of war.

Some of you in my group right now, and
this mentorship, you're in this little

area right here where you can see there's
some signals and signs of a real entity,

a smart money in play, but you're not
fully convinced to leave this group yet.

You have too many convictions
about your tools, your indicator.

Your, your pet guru, your
buddy that has a website.

It's so cool to you.

It's just not enough.

You gotta be able to release all
that stuff and just leave it all

behind and join the smart money.

Because trust me, we're not serving
cookies, but it's a way better lifestyle

over here than it is over there.

Okay.

Now the first year you, I gave you
elements to a trade set up and I, it.

Two characteristics to it.

It has context and
framework around the trade.

And then obviously those we're
back to institutional order flow.

So you had to be able to bridge the two
understanding expansion, retracement

reversal consolidation, and applying
them to respectively or blocks.

Fair value gaps, liquidity voids,
liquidity calls stops online.

I'm sorry.

Runs an equilibrium.

What does that mean for us?

For instance, in its scope of price,
how can we use these ideas and

make them act bookable to price?

Now I know some of you are chomping
at the bit to learn long-term trading

because you can't do day trading.

Bear with us as we go through these
first couple months, because I want you

to give you immediate feedback and the
way you get that is by using intraday

study, because you get a lot of feedback
and intraday action that is applicable

to longer term charts, but you can't,
I can't teach long-term day trade.

I'm sorry.

Long-term trading on daily chart
inside of 12 months adequately.

It can't be done because you're only
looking at a scope of one year, but with

intraday it's like compressing years.

In just 30 years, what's
it not even 365 days.

Really?

Do you want some days that
we're gonna be together?

So let's look at the daily range, suddenly
expansion, retracement, reversal, and

consolidation means something every day
starts with consolidation, Asian range.

After midnight, there's a
manipulation that takes place.

That's expanding.

It's coming in the form of a Judas swing.

What is it doing?

It's making the higher, low in London.

That's the London swing for a
reversal that's around stops.

Then there is another expansion move.

Okay.

Down into the New York session,
then there's going to be

what another consolidation.

That's the New York consolidation
going into the eight to eight 30 news

embargo lift where there's going to
be another injection of liquidity or.

Then there'll be another expansion.

And then we'd go into London close,
which is another reversal condition.

And then what happens?

The market goes and consolidation
for the rest of the day.

So we have a way of looking at these
things and applying these concepts to time

of the day and repeating characteristics.

let's get back to the interbank
price delivery algorithm.

The daily range strikes.

Can be really broken down and simplify
with it starts with a price equilibrium

that's Asian range, then there's a
manipulation, and that's always going

to come by way of some news event.

Some news driver either at the
time of the manipulation or just

before it that's the Judas swing,
then we'll see it range expansion.

In other words, after the higher load was
formed, the range will start expanding.

It'll go down into five o'clock
in the morning, New York time,

or go up into that time window,
depending upon the daily direction,

we're going to use the perspective.

It's a by day.

That means that Asia, the Asian
range had a small consolidation.

And then really after midnight, New York
time, there was a drop down in price.

That's the manipulation making
the false move for the well

there's a range expansion.

There, it goes into the reversal class.

London open scenario where it shoots down,
runs the stops and then what happens?

It expands again, there's another
range expansion into what five

o'clock in the morning, New York time
between five o'clock in the morning

to eight o'clock in the morning.

In that time window, the market
will go back into consolidate.

Then it'll have a retracement
between eight o'clock and eight

30 in the morning, New York time.

Then it will have either a reversal in
New York session or another expansion

move to arrange or expand and make the
rest of the day going up into 10 o'clock

or 11 o'clock in the morning, New York
time where it will have a reversal.

That's long and close, then the market
will go into consolidation and then true

day at 1900 on Forex LTDs, uh, platform.

If you follow along with the videos we've
been doing so far this month, you'll know,

is that going to talk about so we can see
the interbank price delivery algorithm

on a daily basis by studying these events
and then seeing it over a period of time.

You'll know what is most likely to happen.

Now let's look, look at
it a little bit further.

If we're looking at price delivery,
and this is the model that comes by

way of my understanding of it, of how
the bank feeds priced to everyone.

If we're focusing on delivery of
price, you have to understand that

it all starts with the consolidation.

Nothing can happen until consolidation
consolidation is when the market's quiet.

Why, why is that important?

Because that's when the orders are
building up in the marketplace, the

market makers roll out orders, the
build up above and below the range.

The next stage is always expansion.

It's not consolidation to retracement.

It can't retrace.

It hasn't moved anywhere.

It has, it can't go consolidation
reversal because it has to

come out of the consolidation.

So when you see a consolidation or a
holding pattern, you've got to think

the next leg is going to be in price.

It's going to be an
explosive move or an impulse.

Impulse price, swing movement.

You need to see movement by
determining what that movement is

and what direction is relative to
the conditions you're trading in.

Once we're in the expansion stage,
okay, then you have a choice.

It can retrace come back to the word.

Rockets is left behind and then
recapitalize that, and then make

another leg up or down relative
to the direction it's moved.

Or once it's moved in the
expansion, it can revert.

Once it reverses.

Okay.

There'll be another expansion.

And then it goes back to a consolidation.

The main thing is, I want you
to understand this is, it never

goes consolidation, retracement.

It never does consolidation reversal.

It's always consolidation expansion.

And then from expansion, it goes
either retracement or reversal.

It does not do consolidation
expansion and consolidate.

That does not happen.

It does a consolidation expansion, your
retraces for another, uh, move into

an order block and then recapitalize
it and do the same direction it

move when they made it expansive.

Or it goes from expansion to reversal.

When you understand.

Algorithm the way it moves and operates.

It's very generic.

It's very systematic.

It has only a few options to go with
hill and they're time sensitive.

They're day sensitive.

Okay.

They're intermarket related.

So when one market moves moving in
real fast, if you understand the

relationships that I'm going to teach you.

You'll know where the trade setting
up because one's being held in yellow

is like letting it run, which is the
importance of knowing what the Euro

pounds doing it for trade and fiber cable.

All these things are going to blend
together and you'll know exactly how

I'm doing these things internally.

And I'm doing it on the fly.

I'm not measuring things and writing this
down, write that down, make a note to it.

I just know by looking at price,
what I should be seeing and you see

it, I'm thinking out loud in the
videos when I'm doing a live session.

All aiming at your better
understanding of price delivery.

And when you understand these things,
when you get to the level of month,

eight and month nine in the mentorship,
you're going to be so strong at knowing

what the next thing's going to happen in
your, in your price that you're studying.

You'll know all these four things.

Okay.

There's only certain.

Processes that have to take
place in a certain order.

Like I said, it never goes
consolidation, reversal.

It never does consolidation
and retracement.

It goes consolidation
to an expansion move.

There's an impulse leg, upper down easy.

They're going to be traced back down
into where it just rail right up from.

What's going to rally back up
into where it just dropped down

from the consolidation stocks.

They're going to run into expansion and
then once it expands either going to come

back and retrace and give, giving another
leg up or down, or it's going to reverse.

And then from the reversal start
applying to hi, the general

structure is consolidation in Asia
expansion, reverse in London, make

the higher load of the day, then
expand small consolidation in new.

Yeah.

Retrace between eight o'clock
and eight 30 in the morning, New

York time, another expansion move
reverse back to consolidation.

You understand price delivery,
then you will not learn it just by

what I've just explained to you.

It's just there, but you'll use
this as a model that repeats itself

over and over and over again.

When you have higher
timeframe, directional price.

Understood.

And then you look at
this price delivery algo.

It's so easy to know what the price
is going to do every single day.

Since the last week of
August, we've been together.

And every single day, I've given you
something that went right to the PIP or

had an explosive direction move where
you could have taken 50 to 60 pips out.

And I don't trade that much every day,
but I'm showing you by desensitizing you

to fear and greed, there's new receipt,
there's new need for those things.

What we're teaching is.

Consistency, the ability to see
these things happening all the

time, and also exercising willpower
on not wanting to make money.

So you're suppressing
the desire to make money.

You're developing your patients
and you're learning a great deal.

You have no understanding of how much
you're learning just in these first two

videos, but I'm telling you, you'll be
able to look back on this months from

now and say, That was a huge step.

I didn't appreciate until now
there's a certain process.

That way the price is delivered
and it can't be changed.

It won't be changed and don't be
afraid because you're learning it.

700 people is not going to
turn the whole world around.

Okay.

And they stopped doing this.

It's not.

So again, in closing, take the
information I'm giving you.

Stuff it under your mattress,
stick it in a, uh, you know, a love

letter to your grandkids, you know
how to do it, but don't market it.

Don't don't do that.

Okay.

Not because I'm going to lose sales,
it's just, it's too good to share and

you're going to see why I've kept it
for so long and not wanting to do it.

And hopefully you guys will
take this information and do

something really great with it.

And that means not starting
a website selling it.

Okay.

As nothing more I can say about this
video, except for there's a process

that you're going to learn that it's
very generic and it will not break.

It will not stop working.

And when you look at the marketplace in
your charts, I want you to think none.

It doesn't matter what
timeframe you're looking at.

I'm used to using the daily rains to
give you how easy it is to see, or yeah.

Repeating, um, format.

So simple every day, you get an
opportunity to study and see how.

That same thing happens
with the weekly range.

The weekly range is the same thing.

Sundays opens consolidation and it's
an expansion move in Monday, then what?

There's a reversal on Tuesday
or Monday, and then what,

there's another expansion move.

Then he goes back into consolidation
mid week, and it's either

going to do what it's going to
reverse, or it's gonna retrace.

It's never doing
consolidation retracement.

It's never doing consolidation, right.

It's consolidation expansion then
from expansion you're making the

choice is either going to retrace
back or it's going to reverse.

Trust me, it seems like you still have
a lot of choices to make, but it's not.

And when you understand what you're
looking at in terms of price, you'll

know if it's really leading to a
reversal or if it's surely going to re

retrace and give you another option.

Can you get in that knee, lower leg up or
down that you saw on the first impulse?

And believe me, you'll need to go back
to this video, even though the second

one, you come back to this video.

As we give more details along the
lines of price delivery over the

next couple months, month, four, and
five, we will still refer back to

this one and you'll see, there it is.

It's been there all along so
that guy's going to wish you

good luck and good trading.