Afrikaans
Akan
Albanian
Amharic
Armenian
Azerbaijani
Basque
Belarusian
Bemba
Bengali
Bihari
Bosnian
Breton
Bulgarian
Cambodian
Catalan
Cebuano
Cherokee
Chichewa
Chinese (Simplified)
Chinese (Traditional)
Corsican
Croatian
Czech
Danish
Dutch
English
Esperanto
Estonian
Ewe
Faroese
Filipino
Finnish
French
Frisian
Ga
Galician
Georgian
German
Greek
Guarani
Gujarati
Haitian Creole
Hausa
Hawaiian
Hebrew
Hindi
Hmong
Hungarian
Icelandic
Igbo
Indonesian
Interlingua
Irish
Italian
Japanese
Javanese
Kannada
Kazakh
Kinyarwanda
Kirundi
Kongo
Korean
Krio (Sierra Leone)
Kurdish
Kurdish (Soranรฎ)
Kyrgyz
Laothian
Latin
Latvian
Lingala
Lithuanian
Lozi
Luganda
Luo
Luxembourgish
Macedonian
Malagasy
Malay
Malayalam
Maltese
Maori
Marathi
Mauritian Creole
Moldavian
Mongolian
Myanmar (Burmese)
Montenegrin
Nepali
Nigerian Pidgin
Northern Sotho
Norwegian
Norwegian (Nynorsk)
Occitan
Oriya
Oromo
Pashto
Persian
Polish
Portuguese (Brazil)
Portuguese (Portugal)
Punjabi
Quechua
Romanian
Romansh
Runyakitara
Russian
Samoan
Scots Gaelic
Serbian
Serbo-Croatian
Sesotho
Setswana
Seychellois Creole
Shona
Sindhi
Sinhalese
Slovak
Slovenian
Somali
Spanish
Spanish (Latin American)
Sundanese
Swahili
Swedish
Tajik
Tamil
Tatar
Telugu
Thai
Tigrinya
Tonga
Tshiluba
Tumbuka
Turkish
Turkmen
Twi
Uighur
Ukrainian
Urdu
Uzbek
Vietnamese
Welsh
Wolof
Xhosa
Yiddish
Yoruba
Zulu
Good morning folks.
How are you?
Wicked.
Good.
Thank you for asking.
All right.
Um, I think it's the first time I got more than five and a half hours
consecutive sleep in a long time.
I needed that.
Usually I don't get too tired and broken sleep patterns is the normal
for me, but I've actually had the work the last week and a half.
So, uh, looking at today's calendar that we have a few things on our menu for
concern, the seven o'clock hour will
be.
Impacted with a minimum bid rate for the Euro.
So what we watching that, um, we'll take a break after, uh, that initial
injection of volatility for that report.
And then we'll come back about 20 minutes after eight for the
CAD and the, uh, effects of that.
And then we're going to have one more session, uh, come back on about.
15 minutes before 11 New York time.
And we'll watch cat again, as it relates to the crude oil inventory.
So a Canadian dollar is going to have some movement today.
Um, I'm not saying we're gonna be taking any trades in there, but we might do some
exercises, but we're certainly gonna be referring to where the liquidity is and
do the drills that we've been doing since we started the sessions, uh, for this one.
Um, if you have noticed, I tried a new feature that I learned last
night on the forum, and it's a password that I can change and
rotate for each individual category.
So since nothing was really time sensitive, uh, I tried to see if you
guys had access to get to it or not.
If you can't get to it and you don't know, and you can't follow along with it.
Because of work or whatever, and you're here sneaking the password for
the category to get into that folder is capital E and Nygma number nine.
And I'll give you access to that.
Um, I'm probably gonna take that off when we're done with this one session, just to
remove the, uh, the confusion as testing it, to see if it was with who would work.
It does.
So I'm very pleased with
that.
Yeah, it's on Twitter.
I, Twitter tweeted the, uh, the password.
Most of them are probably already signing in now.
Cause I got a 400 people in here now.
So they're
probably here.
No, no.
You're you're allowed on the phone.
This is testing a password feature.
I didn't know.
I had, I can lock down individual category, so, but the, uh, the
password is B Nygma nine it's capital E E N I G M a number nine.
It's just the, uh, the mentorship.
But I'm going to Mexico.
I'm going to get, uh, get on with this one real quick and get set up
and then we'll, we'll be able to, uh,
right.
Um, last night before I go to the charts, uh, those that are
following along on Twitter, uh, we had a report do for the Australian
dollar at nine 30 in New York times.
That was out here, the trade balance.
And again, I don't concern myself with the numbers over here,
but
being a high-impact, um, report, I was expecting a little bit more
volatility, but nonetheless, um, what direction or what liquidity?
I should say it like that.
What, what liquidity, if we announced on Twitter, Would be
rant on the Australian dollar.
Okay.
I'm not sure if he checked your Australian dollar chart this
morning, but where did it go today?
Okay.
All right.
So we're going to take a look at
Australian dollar.
Okay.
So, so we see last night, uh, ahead of the release Marcos and
consolidation in equilibrium.
Okay.
On here, all this is equal, right?
Get this thing out of the way.
Okay.
So we have marketing a big consolidation, not really big, but a long PR uh, for a
long contraction and in the middle of that contraction between the high and the low.
Okay.
Mark was hanging around there right around the time of the release.
Okay.
So when we see that, what we're going to be looking for is expansion, but
you need to understand what direction that's going to be based on liquidity.
So if we go out to a daily chart,
assuming,
okay, we have all the bodies that have cameras in here.
You can see, obviously I have a dilemma up here.
I was expecting to have woke up, woke up woken up this morning and it had
already ran up that up to that high.
But given where it's at now, you'll actually watch me collapse it live.
But the, the idea that we were looking for 77, 25 is based on number one,
the bodies of the candles, because that's where the bulk of the volume is.
Okay.
So the algo will reach through.
Run up into this area of liquidity.
Why?
Because it's walking, the volume is here.
So the majority of the stops are resting just above the big figure point 77.
And because if we expect a run on a big figure number that has not
been penetrated in recent times, we expect price to run through that
at least 20 pips generally, so that the get down to 15 minute timeframe.
Okay.
You can see the.
The market was finding support inside of bullish or blocks or solar blocks are
the down candles right before the market moves through a short-term high that's
high qualified, good, a little shorter block, and it has to be in a kill zone.
And this was obviously a during a time when the market would
be sensitive for the Australian dollar and the initial stop loss.
Yeah.
Just below the bodies of these candles.
Okay.
And as the market moved up a little bit before I went to sleep
last night, I've moved to stop off just below these lows here.
If it was a good, it wouldn't come back down here.
You expand at least run for these stops.
Once it hits that it's going to reach for the 77 big figure and then run
for the one, uh, the 77 25 level.
Okay.
So I'm going to collapse the trade here so you guys can see it
and I can talk freely about it.
Okay.
So
the, the idea we use for liquidity runs, that's the basis of all the setups that
you're learning over the next 12 months.
If you, if you're focusing just on entries, and I've said this many times
before, if you're focusing just on entries for entry patterns or entry techniques,
that's the least of your concern.
That's the least important factor because you actually, you can be a
little late or a little bit early, as long as you know, where the most likely
liquidity is going to be reached for.
Okay.
So the, at the interbank level, the algos that run and deliver
price to us, they're going to seat where the majority of liquidity is.
And obviously if you look at what we've seen for the
Australian dollar Scott downtown,
Okay,
as you had kind of bed for a while since the last day of August and every
Bush or block has been capitalized,
we had this one in here
and that's what we expanded out of from the report last year.
So the market structure has been in place for bullishness.
Uh, we talked about the Australian dollar and even the Kiwi, which just
for completeness, I haven't talked about Kaylee for awhile, but let's put
it up here for a minute because both Kiwi and Aussie, they do have interest
rate driven markets for higher prices.
And you can see that's been the case and it's still been going on.
Okay.
So, um, I need to re uh, recall that from all the YouTube live sessions I did,
um, the notations that I gave for that.
And I think I, I can't, I don't recall exactly what webinar did, but
I pulled up, um, the interest rates for all the major countries and showed
you the relationship between all of them and how to get that information.
And, yeah.
We had the highest and in Australia and I had the second highest in
terms of the interest rates that builds in a carry trade idea.
So you have all this, uh, market action to support those quote unquote
fundamental drivers long-term.
So, um, David check the Twitter where you're talking about the Australian
dollar last night rate, right around the, uh, nine 30 time in New York.
So wherever you are.
Globally, figuring out that time on Twitter, on the feed.
And you'll see that we are talking about 77, 25 is the poorly run.
So if you haven't caught wind of the themes we've had for the entire month of
September so far is I'm proving number one on a daily basis that we can call
the direction on intraday volatility.
We can call where the market's going to reach for.
What's a high degree of consistency.
Um, well, it's not going to go.
It's not going to go to 77, 25 or 50 pits or so in, in, uh, in a big,
big jump, unless it's impact driven.
But we were joking about the hung on Twitter last night,
how it was no real fireworks.
It was just like nothing happened.
Nonetheless, the liquidity is still at 77, 25 and layers all the way up
to 77 50, which is the reason why you saw the limit, whatever it was.
All right.
So again, going through every single day, I'm giving you context
about what market we're watching or studying for that particular day.
And we're waiting for the market to expand either higher or lower
into the liquidity that we.
Every single day, we're getting those responses in one capacity or another one,
one currency or another, we're getting it.
So I'm, I'm hopefully communicating the fact that while it's not necessary
for you to take a trade every single day, and that's not what I'm trying
to cultivate in your expectations.
I don't want you to see every single day us finding opportunities like this,
where the market will reach for certain levels and running away with the idea
that I should have been on that trade.
Okay.
The month of September is number one, calming all the nerves because
there's a lot of people that have uncertainty about number one, me
too, the ability of anyone being able to consistently call the market.
So we're spending the entire month of September, just laying the foundation,
proving that there is a method behind the madness that priced is delivered on.
It's not random.
We've proven that just about every single day so far.
I think that the level of consistency and the focus that we have relating
to specific currencies and levels that we call for, and it hits that that is
the beginning blocks of you developing consistent trade entries and setups.
If you don't have this idea, it doesn't matter what your entry pattern is
because it's probably going to be wrong.
If you can't determine where the market's most likely going to reach for.
I mean, can we all agree that if you don't know where it's going, does it
matter really when you're buying, selling.
Is it ultimate.
If you have the direction or where it's ultimately going to be drawn
to, it doesn't make a difference.
Entry patterns are the least important because if you don't know where it's
most likely going to go, you might as well just so dark and see what happens.
You have to have a clear indication where the probabilities most favor the market
going higher or lower, and that's just.
Vaguely higher or lower to what level is it going to?
Their specific price is that the algos will reach for.
Okay.
And when you understand the framework, you'll know exactly what the reach
for you'll know what to look for in terms of price action, and then between
where the market is at the time of your study and what you anticipate
that market reaching for that liquidity inside of those two price points.
There should there should trade.
Yeah.
So then you wait for the specific price pattern that you trade on,
whether it be a bullish, shorter block or their shorter block, a return
to fair value where it closes in a range or a stop run, turtle suit.
Those three conditions is all you need, but you have to understand
the context of what you're looking at and frame the idea of.
Okay.
Right now the market is at XYZ price.
Okay.
Indications are in the chart that the market will most likely want to reach
for the liquidity above this level.
And how many pips away is that if it's not a favorable amount of pips, and
to me, it's, I like 50 to 75 pips.
If I can't get a trade that does not warrant at least 50 to
75 pips, I'm really not in it.
I'm not interested in taking it because it's not going to give me the well,
the return on my time and energy invested in monitoring and managing.
For some of you, that's probably still not enough.
You probably would want several hundred pips and you're going to have
to use timeframes like the four hour and the daily to find news trades.
That's fine.
But there's a million opportunities across the month with all the
different pairs that are available.
All you need to do is just settle down and just pick one pair and focus.
We did the Canadian dollar yesterday.
We did the, um, sorry, the Australian dollar last.
We're going to be focusing on the impact of multiple reports coming
out during a New York session.
So that's the focus for today.
We're hopefully gonna showcase how the markets will gyrate
between, uh, two decisions.
That's the most likely we're going to see in New York today.
So that's going to be the framework of study for today, but
hang on.
Um, CB.
Yes, the, the teachings, that's the goal.
That's what we're doing for the next 12 months, but what I'm
encountering as a mentor and yeah.
Content provider is, is everyone that's subscribing is unrealistically expecting
to understand it in the first week.
I, like I said before, I appreciate your ambition and I appreciate
your, uh, your, uh, enthusiasm.
You got to dial back your expectations.
Okay.
It's going to take some time for you to learn this stuff over periods of time.
Okay.
Trust me.
The main thing is you're learning from somebody that knows what they're
doing, and that's all I'm trying to communicate for the first month,
because if I don't know what I'm talking about, you would've known by now.
I would have been falling on my face every single day and we're seeing consistency.
Okay.
So I want to focus there and that's the first thing I do when
I teach individuals is number one.
Through that the markets are not running.
You have to be able to do this on a consistent basis
and not worry about the mine.
Don't worry about taking the trades.
Don't worry about the setups.
You have to have the ability to sit on your hands and just allow price to move.
And you evaluate you monitor you, learn you digest what the market's
doing, because it develops a pattern of recognition that you will see
repeating over and over again.
It doesn't matter what player.
It's specific to how prices delivered from the interbank level.
When these prices reach us.
That's it's not just, well, it happened because of this or that.
No, it's happening because it's going where the money is.
The money is well, for instance, go back to the Aldi.
All the money was resting right above the big figure 0.7, six.
And we know that they usually will sweep about 20 pips of both
the big figurehead, because it hadn't been 2 77 big figure yet.
So once it gets, once it gets to the big figure here, it will want
to reach and expand through that, that odds of happening increases.
When we know that there's an old high back here and there's older
block, which is this up candle, wait for this big sharp move down.
So we have a layer of stops.
We have a 20 level, right above point 77, and we have a bare, shorter block and the
market was consolidating or as we teach it crouching just below a odor block.
So the market's going to do what it's going to expand.
Why would we expect it to expand on the upside because of the down
candle here, the market willing to break up through a short term.
So market structures bullish, it comes back and stays inside
the bullets or black, which is this down candle right in here.
Let me zoom in for you guys down candle one here.
And we know that or blocks are bullish when it's a down candle,
right before a move up and the most bullish, sensitive aspects of a
down candle, which we classify as a bullish sort of block is from the
high to the midpoint of the candle.
Okay.
Or the body that came around him.
Hey there.
Okay.
Equilibrium.
And I'll probably have to zoom in a little bit more.
So we're measuring the body of the candles open to close, not the wicks.
We're not concerned about the waste because the wicks are all going to be
different across all data providers.
So your platform is going to have a different low and just approved.
Just for, uh, for this candle here on September 7th.
Okay.
The low comes in at 76 51.
So yesterday, when your calendar on your Aussie dollar hourly chart, what
was the low in this candle for you?
And again, mine is 76 51
so far I'm getting 76 50.
Pfizer 360 3, 8, 6 56 51 to see that's what I'm saying.
You're going to get a disparity with the actual high in the actual level.
And I see 76 49.
So there's a lot of a disparity between the actual load.
The,
the reason why I'm telling you all, they use the same.
Demo account.
The teaching is because you all have the same, same reference points.
You'll have the same exact highs and lows, you know, remove all the confusion
about, well, my, my chart says this or my trap says that, uh, you're going
to have to trade on charts that you are given, but the context and the
concepts will all still be the same.
You're not worrying about the low, when you're buying a bull shorter
block, you're focused primarily on the middle of the body that can.
To the top of the candle in the form of it's open.
Okay.
So in this whole range here, okay.
This is the most sensitive price point.
If you have a small little wick, you can use that, but generally I just
go straight for the body anyway, and you can see equilibrium is
just about kept everything at bay.
I mean, you can see the low here, the low here and just went below.
Right here, but look at the buyers of the candles.
It's not allowed, it's not permitted to go beneath half of that candle.
I'm telling you for those that are foolish.
And they think that the idea of a interbank algo is contrived
made up or whatever every single day for the week to last week.
Okay.
A little bit more than a week now for folks that signed.
We have been calling very specific levels with directional bias and
they're, they're unfolding every single day that does not happen with luck.
It doesn't happen with harmonic patterns.
It doesn't happen with technical stuff that you learn in books, um,
showing the repeating phenomenon of how these prices are delivered to us.
They're not based on anything except for where the money is.
And that's going to be in the form of liquidity, either in pending orders.
Okay.
Or hardstyle.
That's the market.
That's how it operates.
It's moving and gyrating between two reference points who wants to get out and
who wants to get in and based on what the book is made on at the bank, the market
makers are going to drive price to those levels because it's going to pay them.
Transactions are going to happen all throughout the day.
But the profit side of making their book will be running liquidity.
That's existing in the market.
And by understanding the repeating clues that the market gives us.
And you're not going to learn in the first month, it's going to take
a couple of months as we go along and suddenly you'll see that midway
you'll have a level of knowing pretty much what I'm going to talk.
And then you'll, you'll be very confident about what we're learning.
And then we get into the seventh month.
You'll will all be a new trial, uh, uncharted waters, because there'll be
new concepts and new amplifications about things I haven't talked about before.
But for some of you that went through the pre tutorial section, you still
struggle with a lot of things because you're trying to apply every single
thing I teach, but all those things are necessary to understand the greater whole.
But only a few things are needed to trade around a specific idea.
But the first thing you need to know is understanding where liquidity is in
the marketplace and which side of the market is most likely going to be hit.
Because if you get that out of the way, number one, what is the answer?
Does it not give you directional bias by default?
That's a question by the way.
Exactly.
So if you have a way of determining a level of liquidity above the
marketplace or below the marketplace, you're not focusing on direction.
You're not focusing on, should I be a buyer or seller you're focusing on?
Where is the money?
Where's the money at risk right now?
Where are the market makers?
If their book is profit.
Okay right now, it's going to be even more profitable or, um, they'll
need a book there, their gains.
If the market goes to what level in relationship to where the market
has been, the longest term price moves or where the smart money is
going to be already positioned.
And they're going to see these positions move in the last stages to get to
their ultimate profit objective.
And what I mean by that?
Okay.
The market makers have already booked long positions here.
They recapitalized longs on this down candle rate over here.
Okay.
They did run again and they bought more in this down candle here.
Why?
Because you can see the price moving away.
Okay.
These two candles together.
Even though it has a lot of wicks in here.
This is all a one.
This is one older block.
Okay.
I don't have the capacity to show a two hour chart, but if it was
able to show two hours, this hourly in this hourly candle together
would make a two hour down candle.
The top of that candle comes in at 75, 77, the low on this.
Is 75, 75.
So it went two pips into this two down candle mood, right before the big move up.
So they recapitalized buying here.
They recapitalized buying in this order block again, expands.
So you can see the willingness on the part of the market
makers to keep adding new buys.
Every time it comes back to a fair value or a discount, which is what
we're going to teach you about what I'm going to teach you at it.
Um, In the month of September.
So I'm going to teach you what discount is relationship to equilibrium, what
premium is in relationship to equilibrium and what that means for you in terms
of determining where liquidity is.
So I've given you a theme for September of knowing.
Or at least the exercise and the, the ability and show my
prowess to do it every single day.
They show you where the market is most likely going to reach to.
And again, not just any old direction, because it's not enough for me
to go in here and say, I think, I think I'm, going to go up today.
It's not enough to do that.
If I've been really versed in knowing what I'm doing, I'm going to tell
you, okay, if it's going to go up, what level is it going to go up?
If I'm going to say a market's going to go lower.
It's not enough for someone to say, it's going to go lower and
you should be satisfied with that.
I wouldn't be satisfied with that.
I mean, you're paying me now, so you didn't need to know that what you're
learning and who you're learning from.
They have the ability to do this.
It's not just demo balling.
Okay.
You have to understand specifics about where the market's going to be
going higher or lower, and then have a context around why you believe.
So for me to be able to communicate that over weeks in the month
of September and marijuana, I have to give you examples of it.
Not just once or twice and be lucky about it.
It has to be consistent.
And every single day we've been consistently calling specific
levels across numerous parents.
It's not just been my tech pairs, cable and fiber we've used Australian
dollar today or last night.
And we used Canadian.
Yes.
So I'm showing you that it's not limited in scope to what my pet peeves
about what markets I want to be in, what markets I don't want to be in.
They're universal applications because prices delivered from the central bank.
If you understand what they're doing, okay.
It repeats over and over again.
Now that does not mean that you won't mistakenly see something or read
into it and make the wrong decision.
That's where your losses are.
But you're going to learn over the next 12 months.
What conditions frame high probability conditions for the, uh, for the setup.
If you get those conditions and you develop a skill of what we're teaching
for the month of September, you will have everything that you need to be a
consistently independently thinking.
Completely isolated from everyone else's influence.
You won't care about what the people say on the forum.
You don't care about what everybody else's system is.
You won't ask me what I think you won't even concern yourself with me anymore.
You'll know exactly what you're looking for and you won't rely
on any other outside influences.
Hang on one second.
Okay.
The,
so the idea of looking for liquidity and then understanding range expansion.
Okay.
Um, these are all concepts that you're going to be getting in specific teachings.
So again, I'm just reminding you folks are still asking me
where's the PDFs and where's the teachings at w where are the videos?
Those are delivered on Saturdays.
So you get to each week eight for a total every single month, but
you only get them delivered to you on the form, in the form of a link
and with the PDF files on Saturday.
So Saturday you'll have two teachings.
Are I told you in the previous recordings, what that schedule is for this week, I'm
sorry for this month and what teachings you're going to get, but I'm not force
feeding you a thousand things a month.
I'm giving you eight specific lessons.
Focal points each week.
So that way you'll be able to easily digest things.
You're not going to be inundated with information.
The daily application is just us proving the concept, work
over and over and over again.
And believe me, I know some of you are excited and you feel like you're
missing a thousand things because you can't come to the live event
and you're watching it in recording.
It's the same concept.
Just look, look at your charts and you'll see that everything we're talking
about here, you can see it in hindsight.
It's not right.
The only thing we're talking about is we're doing it live and
giving you explanations and with a deeper understanding of what
it is that should take place.
You'll learn all those things that you see me doing through the teachings.
That's what the, that's what that is.
Uh, the Amos for that.
So I'm teaching.
In specific teachings to concepts in theory, every single day of
the month, I'm actually applying those concepts in the charts.
So you can see it, it repeats.
There's no reason for you to get upset.
It's not like it's going to stop working out sober.
Okay.
So believe me, everything that I'm showing you works, and it's been working
for years and it's never going to stop.
Stop worrying about missing opportunities.
There's so many every day, there's a new opportunity.
So don't worry.
Don't feel like you've missed anything.
Okay.
The markets are still going to be trading in October and, and
going further beyond that too.
So just relax and settle down.
I believe me, I know what it feels like to be a new trader
learning, new, exciting things.
This isn't going to go out of style.
This is how the banks work.
This is how the price is delivered.
They're not going to change their method, not because I'm putting it out there.
None of that.
It's just, that's how, that's how it operates.
You're not going to change it.
Okay.
By me giving, you know, 700 people, the keys of the kingdom,
that's not going to do it.
Believe me.
There's so much money out there and they're only attacking
the fund level traders.
They can't even see us because we're not that we're not out
there in a retail account.
That's enough of that.
So let's take a real quick look at cable and fiber and then a
dollar, and then we'll close it and we'll come back, um, a little bit,
uh, right before eight o'clock.
So we're going to be watching the, uh, the effects of Euro
first with our economic calendar.
Okay.
So we had, um, Euro dollar run-up.
We were looking for a little bit more.
Of this happening yesterday when we were running for, uh, around, below, above
these highs in here, it's gone to a daily.
Okay.
And we, uh, we looked for a couple of different things.
We were looking for on a daily chart, the liquidity pull, it rests above these highs
here for the buy side of the marketplace.
Uh, we were contending with this bearish or block here, the sell side,
and we presently have nothing in here.
Nothing in here shows any concern for at least for the near term for the bulls.
We have no real liquidity voids.
It's been rather.
Systematic in the way it's closed in all its ranges, like to two candles
down here, it closed all that and went above it on this candle, this range
from this down candle into this one, that entire range has been absorbed.
Um, we closed in this, we breached the bearish quarter block here, this
up candle rate for this down move.
So we are in bullish territory.
So we were probably going to see.
Another expansion for, uh, for your Euro dollar intraday,
um,
dollar looks like it's going to run for our liquidity pool below here
yesterday, gave us a small little bounce that we were concerned about these
layered bullish order blocks, which is why we saw what we saw yesterday.
It did trade up inside of the range, um, identified
not sure if I still have that chart.
I don't believe I do
don't
double-check this one?
No, I don't, but I shared it on Twitter and you guys can
see that on the Twitter feed.
Okay.
All right.
So let's take a look at.
Euro dollar.
I'm sorry, cable real quick.
Cause we gotta go back to fiber a much the, uh,
yeah,
cable's a mess.
Yeah.
I just, I don't like, I don't like the idea of, uh, So I think
saying this one's a bad idea.
I just think that it was going to run it higher.
I just don't trust it.
And like I said, I've admitted, um, for weeks now.
Um, the condition after Brexit for cable is a learning environment
for me, even because this is new new territory for me trading in a
condition after something like that.
So I've been very, uh, reserved in my exposure to cable.
Both and the leverage that I used, if I do take a trade, it would
be five to one at most, not 50 to one, which is allowed mistakes.
All right.
So let's go over to, uh,
you're a dollar.
Okay.
And
quick
two days
calendar.
Okay.
So we have the minimum bid rate coming out in about an eight minute.
I'll explain why I have the opinion that cable's a mess after we come
back on our second session right now, we're just looking at the, um, the
effects of the minimum bid rate for
Euro
All right.
So we have liquidity above 1 13 75, 7 41 13.
Always someone texted texting 1 13 80.
We have biceps about it.
Um, we have liquidity in the form of cell stops at 1 11
40 avoided 1 11 75 to 1 11 7.
Okay.
Yeah.
Okay.
And we have
small little, uh, liquidity pool resting.
The love here.
Okay.
And what your to do is you're going to watch and see it has a high
impact weight to the news event.
That's coming out here in a couple of minutes, about four minutes.
We had a void in here, liquidity void, which is a quick rundown and price.
It can be a quick run in price, but we have all this range it's
been recently just closed it.
In here, closed it in.
And the market makers find consolidations and they sell them consolidations.
So we have a range in here.
The market expanded come back down, recapitalize.
These bullets, shorter blocks, wishes down candidates that we saw here.
The market expanded.
One more time.
We consolidated and expanded it.
We closed in this range outside of this run here, there's been no
run on liquidity above the highs.
So what does that mean?
We have stops above here.
We have stops above here and we have the old high referencing the 1 13 66 levels.
So we've got 1 13 72, 1 13 80 big figure on the outside.
And we have a small liquidity pool rate below here.
Um, if we lose ground and drops down, if it just takes below this low here
and then trades back above this level, it will run for this level here.
1 13 70.
If we lose this low and come all the way down to here.
We'll watch and see if it has a willingness to bounce their
income back off of that and make another one for this level.
So what we're doing is, is we're watching to see where, which one
of these levels is going to have the most sensitivity right now.
It's heavily weighed for the run up here.
Okay.
One of my colleagues.
They can, uh, Tanner's asking why wouldn't they just, um, wait for it to drop
down here and then rebuy they can, but we've already left this area down here.
So this, um, range expansion here, this impulse move, left and measure
of, uh, equilibrium and the range.
So now they've already shown a willingness to want to go above and reach upper lip.
And outside of this closing in this Boyd, nothing's really happened on
the upside as far as running stops.
So liquidity still in jeopardy above the highs.
And what we're gonna do is we're gonna weigh the effects of this report release.
And then we have others coming out at eight 30 that's dollar-based,
which may be what your dollar waits for ultimately for you.
So I'm showing you the effects of when you look at the economic calendar,
like we've been talking about the last week, um, we frame our ideas in
advance based on high-impact names.
So when you have these high impact news releases, either in the form of
high impact or medium impact, okay.
Specifically dealing with it, high impact ones, first and foremost, they're
going to take precedence by having those first and foremost in your mind,
you can look well into the future.
And see where those reports are gonna be released and relative to when
they are being released and what kills on their end, whether it be
the London open or the, uh, New York kills, uh, they'll give you context
to work within and plan your trades.
You can plan the idea of being involved with their marketplace around specific
currencies, based on these news events, because the news events are
going to be, what, what do they, what do market makers use news releases?
What, what are they?
They're injections of volatility.
Now that volatility, what's it do?
What does the, what's the purpose of that high volatility?
What's it seeking exactly liquidity.
So we all know that there's going to be a manipulation that takes
place around that and released.
Now again, I don't concern myself with the actual roll numbers
because it could mean anything.
It doesn't have to be, um, a bullish or bearish number relative to the historical.
Aspects of what that report should indicate.
In other words, um, if you go to like Forex factory, I like their calendar, um,
because it's not just like, it I'm used to using it for years, but the point is,
is we, as trailers are not concerned about the raw data, because that were all data
is already been priced in the marketplace by those individuals that you used.
Information, we don't use it.
It's already factored in.
So our concern is it's really, what's the impact after that
market news hits the marketplace.
And our understanding is, is that you used to inject, inject rather
liquidity in the marketplace in the form of high volatility.
So there's going to be a lot of movement around this specific time of the day.
It's going to be a lot of gyrations.
It's going to reach for where the money is.
And in one of two reasons, one to knock those individuals out that
are properly positioned, that will eventually be profitable.
And they, if they can not busy individuals out of their profitable
positions, they will assume their position by knocking them out.
Or the other one it would be is to put that in on the wrong side of the market.
And that takes a couple months with me to understand what that means,
how that looks in charts and how the set, the context up for your trading
ideas relative to each individual, um, condition for, for each report and,
and the current conditions and price.
Um, Brandon asks, uh, do I usually only trade on high impact news?
Um, like how you didn't trade on an open, uh, you'll learn by being with me
on a daily basis that the majority of my trades will be around a London open
that has usually one high impact news.
Either on cable or fiber.
Cause they're the parents.
I like, but, uh, we won't just limit ourselves to that, but we'll trade other
payers in other kills or it's like, I like the given last night with Aussie.
Um, we're going to do a lot of work in New York because I want
you to understand how New York is so easy to use for your training.
Because you have the benefit of having had London price in the daily higher, low.
So for folks that are, uh, you know, even, even the folks that live in London
are really globally positioned for it.
Ease of access to London, times the trade, um, even for those individuals.
Yeah.
I think that trading New York initially, as you're developing is
still the best way to go because you have a built in advantage.
You already have, what's already priced in for the higher, low on London.
So it just, you sit back and just let London do whatever it's going to do,
because if you're not really astute as to what you should expect to see in
price, London can burn you bed real.
But New York, it's just like, you just wait between seven o'clock
in the morning and eight 30.
There's your set up.
It's usually just like that.
Every single day.
There's something that you can trade in that session.
If you just wait around and lose the, I had to have every pet of the daily range.
If I don't get every bit of daily range, I'm not successful.
And if you're nailing down 30, 40 pips, every single time you sit
in front of the New York session, who's going to complain about it.
I mean, some of you folks, you probably haven't seen that measure of
consistency just for one trade per week.
And to be able to have multiple sessions throughout the week, to be able to sit
down and draw and harvest that consistent amount of pips, you know, take it back.
If you could go out 25 to 30 pips just twice a week, is that better
than you're doing right now?
Remains for some of you, it's probably not better.
I mean, but for the new, for the newer crowd that's in here, it's
trying to learn how to do this.
I mean, if you had 60 pips or so, okay.
Over the course of two trades, two trading days, and you had a net of 60 pips, if you
consistently did that, we got the week.
Come on.
I mean, if you don't understand the importance of having consistent.
In a low end objective like that because that's not, that's not hard.
60 pips in the course of a week is very easy.
You have no idea what you can do with that.
That's what month three does, we're going to teach?
How compounding with a small, even a small account, the amount of
money that you can grow, even with a small account, it's not important.
Having a lot of money what's important is consistency and
delivering that in your trailer.
Hang on one second.
Can I get a drink?
Sorry about that guys.
My wife sending him off, neither one of my children have to give them.
Okay.
So I'm wishing well for today.
So, um,
in my upcoming occasions, am I teaching commodities and options?
Yeah.
I'm teaching all that stuff.
This mentorship, you get to learn everything that I know
and everything that I was going to teach at the spring session.
I, you know, there's no way.
Yeah.
And in talking with Chris, Laurie, there's just no way I was going to be
able to teach everything I'm willing to teach in a three or four day event.
It's just, it can't happen.
It won't, it will not happen.
Would not be able to happen.
It's too much.
So, no, I don't know.
Chris doesn't know this.
Some of the things he teaches is close to what I do, but I think if you were to ask.
And open forum setting like on Twitter, ask individuals that have
had exposure with Chris Laurie.
Um, now again, I'm saying this with a great deal of respect because he's
the only one I like as a teacher in the foreign exchange, um, realm.
But I think if you were able to ask people and if you ask them through my Twitter
feed, ICT underscore I'm Huddleston.
You'd get some feedback because generally everyone that has gone
through Chris Laurie and found me later on, they said that it was
different not to say it like that.
Um,
I'll talk more about, um, why I elected to go to this meeting.
I don't know all the time.
I just don't want to take too much time with this and make
the video just chit chats.
I want them to be focused.
Yeah, no, that's what I'm saying, Scott.
I, I exactly what I just said.
So what we're looking at is up awake for eight 30 at night.
And again, let's go back to the calendar real quick and
recap what that's going to be.
Eight 30.
We have Canadian dollar, uh, building permits.
And then we have the ECB press conference and unemployment claims would have dollar.
So eight 30 should be allowed to time for the marketplace.
So we're going to watch and see what we get in terms of liquidity, run on that.
And then we'll have a break around nine o'clock between
nine o'clock to 10 45 and 10 45.
We'll come back on again and we'll watch Canadian dollar for the.
Crude oil inventories release at 11:00 AM.
So that, like I said, it's going to be three sessions today
and we'll break for this one.
Now I'll come back in about 20 minutes.
I need to get something in my stomach and then I will outline what we should see for
Canadian dollar and Euro based on that.
Okay guys, I'm going to close this one.
All the recordings will be made after we are done the 11 o'clock
session that we have to put it all on one post, then it's all handled.
Okay.
Yeah.
Everything will be, everything will be linked to you through Twitter.
You have to follow Twitter to get the links.
As soon as I get the events ready.
And also as I'm sharing charts, you need to be able to access that info.
The forum password is capital E N I G M a number nine, enigma nine.
And Nygma nine.
All right, folks, I'll see you in a couple minutes.
Thanks.
Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.