All language subtitles for 090716_01 EN

Yeah.

Okay.

Good morning folks.

It's going to be a brief
session this morning.

Um, there's not a whole lot to go on.

I was hoping it'd be a little bit more
clear than what we have presently,

but the dollar index let's take a
look at the daily chart real quick.

Okay.

Now I'm going to explain something
to you that will lend well to you.

Avoiding problematic market
conditions like we have today.

Okay.

Myself here comfortable.

The, uh, we have layered order blocks
on the daily chart here for the dollar.

Okay.

And the down candle before they
move here or trading inside

of it, uh, this down candle.

Okay.

Prior to the up move, we're
trading inside of it as well.

This down candle on here could
still end up being tagged or below.

With the right announcing for the CAD,
uh, dollar really likes, uh, enroll

sensitive to the Canadian dollars.

So interest rate announcements,
the, the actual intraday price

action for this specific day is so
mixed that I can't come up with a.

Pattern, uh, the trade on, I got
mixed signals on Euro personally.

I think it can come up here
and clear the buy stops.

Um, originally what I was asking the
market to present me was I wanted

to see it come down through the
aura block here, once it come down

and I was waiting for it to come up
and either retest this down candle.

Okay.

We can treat that as a mitigation.

It didn't do it.

I came down recapitalize.

The order block came
right back to equilibrium.

So we're inside this consolidation,
uh, the way it sits right

now and I'm not touching it.

Okay.

I'm just saying that I think
personally, and we can monitor

this and study it today.

I think what's happened is
it became down and clear the

stocks below the marketplace.

Now they're going to run the buy
stops and it may require, um, 10

o'clock, uh, for that to happen.

And if it doesn't, if it just slips
down through here that I don't care.

Yeah.

I'm not trying to touch it.

I know some of you are going to
be watching every single day with

the expectation that everyone has
to do something every single day,

we're going to be doing something
in terms of entering a trade, a

demo exercise, something like that.

Sometimes it won't manifest.

And the reason why is because either the
technical won't be as clean as I prefer

them to be, which is the really the focal
point of why you're in this mentorship.

You want to be really loading your,
uh, your trades up on conditions that

have a little bit more favorable, um,
probabilities right now, I'm going

to give you the two scenarios that
I think may happen for the dollar.

Uh, we may snap up in here
on the 10 o'clock, uh, rate

decision for the Canadian dollar.

And if we do that, obviously
that's going to send shockwaves for

fiber to come down into its bowl.

Yeah.

If we see dollar just expand down lower,
then we're going to be aiming for what

we just discussed last night, potentially
running on these lows down here.

I don't, I generally don't
have an issue with getting in

ahead of a big impact news.

Even sometimes interest rates.

I know there's a lot of folks
that are just afraid to do that

when the technicals are really.

It means that there's really a
discernible order walk or range.

It just recently closed in.

Um, it it's very easy when it's that
clear, but when you have things where

we could come down here and clear these
loads out, or we have to contend with

these layered or blocks in here, each
down candle in here could very easily

cause this dollar to rally on and close
in some of its range to post to yesterday.

So.

While one could argue and say, well,
that's the condition on everyday?

You don't know what it's
going to do up or down now.

That's not entirely true.

Uh, when you understand institutional
order flow, it'll give you a lot of

confidence to trust where the most
likely direction is going to be.

And today doesn't present that to me.

I don't have that for today.

Um, and we've, we've been pretty
confident, um, for the last week, really

that every day where the market may
reach for, and today's my first one.

Started leading together
where I just don't know.

And because I don't know, um, I had
to sit on my hands and regardless

of what the market presents, you
know, after the fact that if it moves

around great deal or if it doesn't do
anything, either way, I'm going to be

concerned with staying on the sidelines.

And I would advise you to do the same
thing today, but some of you won't

listen, we're got to do what you
want to do, but, uh, The, the cable

may come down and run 33 forties.

So 1, 1 33 41 33 45 may be in
jeopardy, uh, on a downside.

Um, I'd rather see it actually just come
up and snap right on through the 1 34 20.

Well, I'd like to see
it get up through here.

Uh, 1 30, 4 30.

And make a run on these by stats up here.

And then if we do that, we'll probably
be in line to go for the longer term

liquidity void we talked about on the
daily chart, uh, the day that the Brexit

was cast, um, it's, it's very, yes it is.

And when you're first starting.

And it makes a comment saying it's sitting
on his hands, very important lesson.

It's very difficult.

Um, developing trading and
developing traders will have a

great deal of difficulty with that.

And I was no exception, so I
don't want to spend too much time.

Jawboning about, um,
you know, nothing today.

Uh, I will be monitoring certain
things, uh, throughout this morning

as we approached at 10 o'clock, uh,
if there is a condition that may be.

Uh, still salvageable.

Uh, here's that run on that 1 33
45 level we just talked about,

you can get really burned on a
day like this really, really easy.

As we approach the 10 o'clock
hour, we will start talking about

the Canadian dollar because that's
where all the focus is today.

Okay.

And before I close this specific broadcast
here, I'll, I'll take a look at what case.

Dealing with it's most likely going
to do after it's read announcement.

Watch that 1 33 45 level.

Yeah, I haven't forgot how I'll
explain why the, the five minute

order block on cable was something
I was watching last night.

I wouldn't even scalp in this condition.

Um, the question was, is this a good
condition or a profile of scalping?

Um, no.

Um, I guess it's too easy for it to go.

Well, you're seeing it now.

Uh, it'll go a little as real quick and
it snapped back up and how much movements

really happening, you know, is it really
worth the risk of taking on, you know,

real monetary risk to get what 10.

It's not, it doesn't mean it
doesn't pan out in terms of,

uh, good money management.

Yeah.

Kane, I, I see, I see your question.

I'm going to talk about
the five minute or a block.

I mentioned last night in the recording.

Let me see that whip
down below the lows here.

Just by a little bit and snap
back up in the middle of the range

between this high and this low.

So we're back in the
middle of equilibrium.

Take a look at your real quick

gun to my head.

I think we're going higher on Europe
and it may be because you're a pound

maybe poised to go higher today.

We have liquidity void in here in four 50.

84 fifties, likely as an upside

that would clean up this
real clean, double top.

And hang on one second.

Bella's outside my office door.

I let her in, but don't let her in.

She'll bark.

Okay, thank you for that.

For those they're interested.

Most of you probably aren't but
Bella just started her first

heat, so not fun, but, uh,

Cable.

I really liked the idea of, um, the
announcement on CAD interest rate.

I'd like to see it influence,
um, the British pound to, uh, to

make around these buying stops.

What's that 33 45.

Okay.

So we had two runs below these
lows in here on this candle.

And the one we're in right now, just whip
down through it again and right back here.

So it looks like they're, they're
reaching for stocks below the

marketplace, which I really liked that
because it really loads to gun for

potential Ronald he's by starts up here.

I would much rather have it
come down clear out 33, 45.

Dollar's still on a tight consolidation.

The other scenario with that was I
was going back to this discussion

here, the, uh, the dollar, what
these layered or blocks if we

go into a four hour in one hour.

Okay.

And we have essentially
cleaned up this liquidity void.

Um, I'll go back to 33 45 in a
second, the, uh, the range and

here's the sensitive been cleaned up.

So we do have a little bit of exposure
range with this low and here that's

how I was noting on this chart.

Um, did that?

No, it was only a dollar,
like a, what am I doing here?

That's it.

There you go.

This area in here, I think is
the most sensitive for today.

So, if you see any upside, I'm
going to be really monitoring that.

If we get through this area here, which
is framed by this low you're low, it

may not be the same as this one, but for
this feed, this is what I'm using for,

uh, analysis relative to the dollar.

Um, I don't know if it's going to have
any legs to get up into this part of the

range, but I like this portion in here.

Yeah.

Once the bus stops above

1, 12 66 at 1 12 71, 12 80 may get stung.

Today on your dollar, even if it just
rolls up their hits and then falls

down classes and closes in its range.

Um, these buyer staffs really look like
they're going to be tagged this morning.

Um, the question is, is what makes
this area down here so sensitive, um,

because this low and this entire void
where price drops real quick, uh,

whenever we talk about liquidity voids,

All this range in here
real quick movement.

The market likes to come
down and fill that in.

So while it's real quick and runs up
events, that'll come all the way back

down and closing these real big candles.

Okay.

Are fair.

It's a series of big candles.

Going up market likes to come
down and fill that in and

then go higher eventually.

Um, not always closing in the range and
going higher, but liquidity voids is

just basically a big, quick run inside
of each liquidity void that you study.

All of this has exposed range, but
it's already been traded two times

now this whole range and this darker
shaded area because of this trading.

Wow.

This was thin.

That's why I'm saying this still
could potentially come back up and

close that if it gets a Bush run,
but it's more likely to close in

just, just portion of the range here,
because you have to stop it here.

So all, all of this area here has
been traded in basically in two

periods during this time it traded
through this whole entire range.

And then through this right here
has been traded down in here.

Once we broke this low.

Okay.

Once we break this low here, the only
exposed ranges now is this is this

portion here because there's nothing
over here that it's traded to twice.

If you follow what I'm saying,
words, this is exposed.

So we could potentially come up
and hit that if we get it at all.

But.

Euro, you know, watching her
now we're watching, uh, 30

scene 1 12, 7 81, 12
80 for your, a dollar.

Okay.

Um, I liked 1 30, 3 45, or I liked it
rather, uh, for it to had come down

here and cleared that out because
it would take us down into this low.

There's nothing else where the
stocks would be resting since we've

been coming down here, there's the
void has been closed in all that

quick range came down through it.

We broke through this little
consolidation, um, this or block

here's where it actually hits.

So let's take a look at that
and you could see the response.

You hit that right here.

Um, the initial.

It's gone.

It's no longer influential.

So I would have rather seen it come
down and we're on that 1 33 45.

Cause that's that low right here starts
with and resting just below that.

So that would have been more inclined
to take a long, had we punched

through that and then rejected.

And then I'm going to look for a bullish
we're about to trade into and it still

could happen right now as we're talking.

Yep.

You're just doesn't have any legs yet.

I mean, I think that this is this
winding up for a quick jump up here and

then also closing the range for us cat.

So I like, uh, 1 28 95
to 1 29, they figure CAD.

I think they're holding it real
in a real tight range like this.

I mean, look how long it's been
sitting in this range personally.

I think what may end up
happening is we'll do this.

It'll jump down below the low.

And then quickly come back all up
here and close it in the range.

And ultimately if it comes above the
swing, uh, shoot through this high here

to take trailing stops that maybe what
we see if we get a run up here initially

and keep the lows in tact, if we run up
clear these highs out and then it may

just roll down and go through it now would
give the clearance for cable and fiber

to run for objectives if it did that.

But.

I personally think this is
what's actually happening.

They got a lot of folks in here, um,
believe, and this is a short term support.

If they run through that, it would get all
those, uh, longs neutralized and get folks

trapped on the short side and then roam
across the coals and closing this void.

And ultimately, I don't know if it
has the steam to get through 1 29 this

morning, but, uh, that's the scenario
I'm looking for or at least watching.

Okay.

Yeah.

Still stuck in the mud.

It's all.

It's still waiting on the interest rate
announcement for the Canadian dollar.

So I'm going to take a
break here in this one and.

Real quick.

I'll toss to San.

In closing, I promised I would talk
about this, uh, the five minute

or block I was looking at here.

When we were looking at the 15 minute
chart, there was a consolidation in here.

Have the gap.

I'm sorry to add the candles over there.

I laughed in here on this little section.

Whenever you see that, I looked to look
inside that and see if there's any.

Or a block that I could
use to Fran a trade.

So I went down to a lower timeframe
and you see the down candle in here.

We're looking at the middle
of that candle as a potential

area to watch for sensitivity.

Um, only had a little bit of a minor
move in here, but, uh, nothing, nothing

wrong with shattering for, uh, for
London, except for the void closing.

And I told you that if it did that, I
was going to not be interested at all.

And indications going into, uh,
into Europe last night suggested

that, uh, It may do that.

And I don't want to be, I don't
want to be selling, I don't

want to be selling pounds.

Let's just put it that way.

And that's the reason why I didn't do it.

It's easy to go back in hindsight
and say, well, I could have this.

And because do that, I'm personally
slanted with either looking for a buy in

pound dollar or stay on the sidelines.

I don't want to arm wrestle with this
one because I think they're going to

want to try to take the market higher.

Take one more quick.

Look at, uh, your widow.

Yeah.

They're shorter.

I don't know.

I don't know what we're going to see that
I said, we're just going to wait for the

right announcement and see what gives, but

I really would like to see something
for pound dollar for a long.

More than anything else.

That's what I'd like to see.

Um, just because, uh, it's by
Stossel, just too obvious, too clean.

And the promise is we may not
get that much of an opportunity

if the radio announcement comes
out, it may cause it to go.

Yeah.

Okay.

Um,

Yeah, they don't offer it.

I was gonna look for another pair with
the Canadian dollar, but they don't offer.

Yeah.

This would would've came down and hit
this and ran through it as it was hitting.

I would've went along right as it hit.

As it is now, it's just
not enough of a move lower.

So I think they've left
these stuffs intact.

Um, it can run from here.

If it's going to go up, it
doesn't make a difference.

If it didn't come out, hit these
stops, they hit it or block,

but I would much rather had it.

If there's going to come all the
way down here, come back for stops.

Don't just come back for the void,
come down and take some stops out.

And then it'll really energized to
go higher because what they've done

if they take this low out or if
they would have taken that low out.

It would have indicated that they'd
wanted to knock out those individuals

that are already long after wanting
to knock those individuals out.

And we still are primarily bullish
on the higher timeframe daily.

It's just like a deal.

The market will want run for
the higher end liquidity, which

is the buy stops here and here.

And ultimately if it gets through here,
it's going to reach for those objectives.

We refer to the daily chart last night.

So let's take a couple minutes break.

We'll come back in about 20 minutes or so.

And, uh, Again, if you're
asking questions, I do get

the ability to log them.

So that's what I'm doing now.

I'm saving the questions a lot.

All right.

So we'll see you in a couple of minutes.