Original subtitles

Sorry about that.

I was trying to get, uh, this little thing pops up on go-to meeting.

Sometimes if I click on the wrong thing, it tries to start at the

same time, go to webinar and it was loading it to stay there.

Couldn't get had going to task managing it's just pain in the rear end.

All right.

So we have dollar fall off.

It's now into, it's already consumed by the older block.

Next one will be here.

I don't like this as a title.

Or intermediate term high either.

I like to see it come down here and get a response

cable.

We'll cover that in a couple of minutes.

So you're back into this order block here.

So we're probably going to lose it and go down into.

1 31, 10 or 1 30, 1 to five.

Okay.

Yeah.

That's why we take partial profits.

Guys.

Don't listen to any of mine.

I says you gotta take full prof.

Full staffs is ridiculous.

All right.

So.

I think it's safe to assume that we are done with the Canadian, sorry,

with the pound dollar on the heels of the numbers release at 10 30.

Um, real quick.

I wanted to see who I was having in mind, hopefully, um, that we would

consolidate in here below this line.

1 31 57.

And if we were going to consolidate, I was waiting for them to own the

Hills of this release at 10 30, perhaps getting a rundown and hitting

our limit order at 1 30, 1 35.

Um, it didn't happen, uh, but because we're coming into the numbers and we

had already entered the 10 o'clock.

Uh, New York time is profit taking a window for the Alverno, usually,

uh, pricing daily, higher or low between 10 o'clock and 11 o'clock

in the morning, New York time.

Um, you could see the response off of that as soon as we did the tweet,

uh, totally take some profits off.

Um, the entries were here.

Let's do them in a little bit.

Okay.

So here's the London.

We sold until bare shoulder block covered rape a little low here.

And then we had New York set where I outlined it during the previous

session, prior to the one we're looking at now, we sold short head, a

little bit of a draw down, not much.

I don't know.

I'm not even sure having Pepsi's on that really concerned.

Uh, but we took a first profit down here as it went below.

The stops noted over here.

Hmm.

So he took partial prophecy or half of the original position came

off at that point right there.

And then when price drove down and we broke below another area

of liquidity, I told her I ran a tweet we have means to do so.

Take something off again.

We covered here a little bit.

Some, some more of the profit would have been absorbed as well there.

And then we lowered her, stopped down to 1 30, 100.

Which price then for this feed, uh, gave me a 14 PIP, um,

in a 14 PIP, uh, balance that was positive.

So no losses today.

Um, this is the, uh, the results of taking these types of trades.

Um, two entries one morning and one in New York.

In New York, we managed, uh, to see the full, um, return all the way

back from the 10 o'clock window, make an a, uh, daily, low form.

We expected that to occur relative to time and price.

We took profits along the way, making sure that even if we're wrong or.

We kept risking check.

We kept, uh, logical areas in mind where we want to take profit.

And once that was established, we were okay with leaving the remaining

balance, which in my case was, um, paying for one standard lot.

And that was what you see here.

Stopped out.

Okay.

Um, we took, uh, 1, 2, 3, 4, 5 profitable exit.

Over the heat over the course of two positions.

And, um, it's not a lot there.

I mean, it's not much in terms of, uh, position size.

It's not much in terms of movement either, but you can see, you don't

need a whole lot to do very well.

I mean, for some of you that are watching the young, without any

real professional careers, this is probably what you earn in a week.

If not that, and you probably don't even earn that much at all.

So I'm not using five lots, 20 lots and stuff like you've seen in the

past, on the, you know, on Twitter, uh, screen captures and I'm giving you

something that's in realistic terms.

It's not like a lot of, uh, Yeah required money.

You don't need to have a whole lot of money to do very well.

And this is how you can do just one.

Yeah.

And then we had to work for this.

Now it wasn't an easy day.

So, but understanding where the liquidity is, where the most likely direction of

the market's going to be relative to the dollar index is suggesting, uh, what

the other major currencies are doing.

They need to be having a mirror image of, or inverse relationship to

whatever pair we're gonna be trading.

If we're gonna be trading the pound dollar.

We're expecting bullishness near term or firmness.

In other words, it has to, it has to go sideways or up for the dollar.

And then we can go short on pound dollar or another foreign currency

that was, uh, poised to move lower.

Uh, oh, for our focuses on cable today, we outlined the fact that we saw this

move here as the Judas Swain, that this would be the high of the day

is so far it's the high of the day.

Unless the numbers generate a move all the way up here, which it still can do.

Yeah.

Um, I'm not concerned about that, but, um, I think today gave us number one, a

really good learning experience because we were in a difficult market environment.

We were waiting for numbers.

The market was in consolidation across the board for the most majority of the day.

And then we had an opportunity to exercise, um, you know, scaling

out positions, paying ourselves, you know, we have to fund.

You know, our trading business is a company, but the employee

is you and you're the author.

You're also the employer.

So the only way you're going to get paid is if you pay yourself and you can

see the benefits of doing what I teach it's here, that you can't argue with

the numbers, you can argue with me all you want about anything else, but the

bottom line is, are you getting paid?

You have to get paid doing this.

If you don't number one, you're not going to stick with it too.

You can't survive.

So.

Uh, we looked for logical areas of profit taking.

You can clearly see where the areas of institutional order flow were

in effect and why I was saying, we need to take some profit here

and then take some profit here.

And then we put our stop loss and let it go.

We didn't care about it.

Okay.

Because the majority in bulk of the move has already been paid to us.

And we had profits in the back of, uh, in the London session as well.

So we, we, we had a really good day, in my opinion.

I think we had a really good day.

Uh, we had, uh, we were blessed with a difficult market environment to trade

in, and I really can't ask for anything more outside of an outcome because it

gave us again a really positive days.

We're doing very consistent.

We're not making tons and tons of money.

We're not taking tons of pips out of the marketplace.

We're consistently going in exercising.

The ability of being consistently profitable, not right, not

perfect, not now on the high.

And now on the low, we don't need all that.

You just need the stuff in between those two high and the low.

Okay.

And we know when they should form, and this is, this is

what you can reasonably expect.

I mean, I think this is.

Every trader really should aspire for this level.

Not trying to get to 250 PIP weekly range that you grow into that.

And we're going to teach a lot of that stuff over the next 12 months.

But for now, I want to give you something that gives you realistic expectations.

It doesn't inflate your expectations where you're coming in.

And man, I'm going to make your 90 pips today.

No you're coming in the trade with the market offering you right now.

Okay.

And I'm using the intraday model a lot because it gives me immediate feedback.

And it gives you a feedback on whether or not the stuff that

I'm teaching you has merit.

Okay.

Cause I could be online pretending to be something and come in here

and flounder and look foolish.

That's not what we're seeing here.

You're seeing the things that I teach are very consistent.

They diluted.

Almost every single day.

There's an opportunity we need.

We may not take an opportunity that every single day, but we'll

be able to study something.

I'll give you something to, uh, to you spend your day while watching price.

Cause you're, you're an addict.

Like I was, I'm telling you, I know you, that you want to continuously look at

price charts by having a context and knowing what the book it makes your

study fruitful, instead of just wondering and worrying about what you mean.

This way, you're actually engaging the marketplace and

your rent and your learning.

Okay.

So that's, I think that's about it.

I'm gonna use this as the, uh, the daily recap.

Um, I'm not asking for any questions, but, uh, just want to

get some feedback in regards to.

What I'm supplying so far.

Okay.

And I don't, I'm not going to be here for two, three more minutes and we're

going to close it, but I want to ask while I have your attention, um, there's

a lot of things that said about our community, more specifically about me and.

Well, I do a lot of things online to play and entertain myself.

Um, in this realm, I'm trying to be focused and as

professionals I possibly can.

It doesn't mean I'm not going to read you guys once in a while and joke with you,

but I'm trying to be very mindful that you are paying me for an exchange and service.

So my question to you is, are we in agreement that what I'm sharing is.

What you were expecting it minimum.

Okay.

For the ones that are concerned about the intraday day trading,

that they can't do that.

Okay.

I'm asking you.

To trust me.

Okay, I'm doing this entire month to prove to you that you're learning concepts,

that work, they work, they absolutely work, but I don't want you feeling like,

because I'm teaching in intraday capacity that that's all this is ever going to

be, and there's nothing else to do this.

So therefore, if you can't be a day trader, this is probably not the

best thing for you and you need to move on and go someplace else or

not be a part of the mentorship.

All those things that you want to do.

I have to get to a general foundation of what we look for because everything

that's being seen on an intraday chart is going to be seen on a daily chart

and a weekly chart before our chart.

So I know what you want to do as a student.

And I know what you want to do as a human being.

You are in a hurry to get to your understanding of how to do it.

And you're thinking if I can learn faster than 12 months then great.

I'll have to speed.

I don't have to be here for 12 months.

I have to spend the money.

I could tell you right now, I'm going to turn this into a 36 month course.

Okay.

And I'm not telling you, I think it's reasonable for you to be

submitting yourself to 12 months and it has nothing to do with the

amounts of money that I'll collect.

It has nothing to do with anything.

If anything, if I was trying to get money, I would say, Hey, pay for it.

All right now.

And it's only going to be 90 days and I ain't got to have

the Don commitment to it.

I'm telling you in realistic terms for you to learn what I know you want to

learn and what you should need to learn.

It's going to take you some time and I have to get everybody at

least as close as I possibly can.

And then in the beginning three months, okay.

Up to the closest level of understanding as I possibly can.

If you feel like there's redundancy the daily involvement like this does

away with that sense of redundancy.

Okay.

Because you're actually seeing it used, it's one thing to see the

tutorials and read and watch a video and see me demonstrate it after the

fact and me telling you I did this and I did that and I did this over

here and it looks like hindsight.

And you really don't know if it really was taken.

If the tray really wasn't there.

You're seeing it on a daily basis, that these tools will give you the perspective

that you want to have as a trader.

We're not guessing we're not knowing with AV solutions either, but we know

where the probabilities lie, where the market will most likely go to.

If you get comfortable living in that gray area, it's not, you are going to be right.

100%.

You're never hearing me say, watch and see it's going to do this.

Okay.

I'm telling you what I anticipate to see.

And since we started the last week of August before the actual mentor shark, uh,

mentorship started, uh, every single day.

There's something transpiring in the charts that we've outlined.

Okay.

And my hopeful, uh, my hope for all this is thus far for September.

I have been diligently trying to communicate.

To the ones that are still on the fence about whether this is real,

whether this is something they can do.

Is it something that people can really consistently call?

That's my goal for September, because if we can all eliminate all the stuff that

I've done over the years to play with trolls online, um, that's what I wanted

to communicate for the first month.

That's showing you what the market's doing.

I'm not telling you what to do with your money.

I'm never going to do that in the entire 12 months, but look at what's been shown.

Just look at that.

That's all I'm asking is it's look at that.

And you tell me if this would, if it stayed just like this, which

it's not going to, but if it just stayed like this for 12 months,

while you were learning tutorials two times a week, I can't imagine why

anybody would be upset about that.

I just, personally, I can't see it, but I know some of you

come from different cultures.

You have a higher expectation in certain things.

I just want to know, am I am, I mean, A minimum threshold of your expectations

thus far, because I know where my content is going to take us, or I'm not lacking

in any area in terms of what you expected.

Okay.

I appreciate that because I'm not taking, I'm not taking the

fact that you're giving me money.

Likely.

Okay.

I want you to number one.

When, when, when this mentorship ends, I don't want you to having any

regrets about what, the amount of time you spent, whatever money you spent.

I want you to feel like you had an absolute value and that you

came away with an empowerment that I know you were going to go.

I think if you put the time in, you're going to walk away better.

I know you are.

And I'm hoping that you see the fruits of it every single day we get together.

We have an understanding of what should take place, why it should take place.

And admittedly, I'm learning how to do this in a commentary capacity.

Cause I haven't done it before.

So those that are not in the live sessions, I need to be prompted

by the ones that are in the live session, um, to send out charts.

Because the folks that are at jobs and I'm a, um, believe me, I read

your emails and I read your, your, your tweets to me in private.

I need to remind myself of doing that.

Okay.

And I know it will help you because you're at your desk job

or your, whatever you're doing.

And if you get a chart and you see what I'm talking about, live Daniel,

obviously know where we're at in the live session in terms of what

we're expecting for the marketplace.

So I apologize for not having done it.

Expediently or as consistently as I should be doing it, but I get tied

up in explaining this things live.

And admittedly, I forget those individuals that are not in here may not

be aware of what we're talking about.

So my request is the folks that are in the live sessions.

If you would please help me remind me that when we're talking about a specific

idea where the market's at, remind me.

Mine please to send the chart via Twitter.

Cause that'll help me do that because I want everyone to feel like

they're number one being considered.

And I'm not only just both of them, the ones that have the

ability to sit in here live.

I want to be able to service everyone's expectations as best as I possibly.

And I might not be able to do that for some, and I appreciate, you know, your

opportunity and, and, and allowing me to try, but I may not be able

to deliver what you, what you want.

And I'm okay with, if you come to the conclusion, this isn't for you,

I'm not going to talk you out of it.

I'm not going to try to, I would like to know why you didn't want to stay.

Um, but you don't have to give me that.

But if you ask, you know, th the canceled subscription, obviously you

won't get billed for the next month.

I I, my intent is for you to be a part of it and learn,

uh, what are the red dots?

What are the red dotted lines?

Oh, that's what asking me.

I'm going to take those off.

The dotted lines are from, this is the entry.

Excuse me.

We get this out of the way.

A little bit.

This little arrow here is where in the London session I went through.

At the bottom of a bear's order block and a dotted-line connects

where the exit is down here.

Okay.

So that's the close of the trade.

And then in New York, I went short here with two lots and the first one.

Exit with profit.

I took one lot off there.

So it's connecting where I got in it and where I got out at and in the second

exit from this same entry, I took a half of a standard line off, down here,

and then I left the remaining portion to get stopped out at plus 14 pips.

So it just gives you a reference point where you were at N

and where you're getting in.

That's exactly what you're going to get.

Andreas you're in 12 months, you're going to know how I think about things.

The procedures I go through that are routine in my mind.

And eventually once you understand those routines, you'll know what I'd be saying.

If I was sitting next to you or on the live session, you know, you'll

think the same things I'm thinking because they're very generic

principles, um, Canadian dollar, um,

so far we've repelled off that bullet or block.

They may come back up here and clear these highs out and maybe

stretch its legs a little bit.

For the upside.

It depends on what the dollar is.

I'm gonna take a look at that.

Yeah.

It's come off the bull shoulder block here, which is what we're expecting to see

a little bit of a movement off of that.

I'd like to see this thing, turn into a wick and then run up to the level.

You're looking for 95, 95 to 96, big figure.

Pretty cool.

But if it doesn't I'm content with what was delivered today in British pounds,

um, I don't predict what we're going to do tomorrow until I get a feel for.

Midnight in New York.

That's that's when I have an opinion about tomorrow, I can have all kinds

of expectations, but I don't really develop an opinion or a bias until around

midnight in New York, after that's, after that price is priced in and I

see what Asia has done and what we did relative to the previous New York and

London session, then I can adapt and you'll learn all these things, but.

You chocolate and I appreciate your enthusiasm and I love it because I get to

relive all this stuff for you, but I don't want you feeling like you got to know

what's going on right now for tomorrow.

Cause I don't, I don't know that you're never going to know that we, those

biases around midnight, every night going into the Frankfurt in a European.

You gotta put it on vibrate.

All right.

So can I show the fibs set up again, perhaps take a screenshot.

Okay.

Um, I'll do that.

And then I'm going to close the guys cause I've really, I'm exhausted.

And I have people that have sent me emails.

I got to get back to and I got to update my list of questions I got to respond

to for this week's weekly recap video.

There's a lot of questions that came on the forum and a lot of

questions in the logs, individual presentations that I have to get to.

So let me do the fifth thing real quick.

If you have your fib and you draw it from a low to a high, this low to this high,

we can get these other lines out of here

for the answer.

If you've been around for a while, you don't need to hang around for this.

I'm doing this, given the fit levels.

The, uh, I can see the questions, but I may not have seen your

questions as you sent them.

There is no website staff outside of me.

I'm a one, I'm a one man army.

So all the questions that come in email come to me and I have a cousin that helps.

Filter some of the questions that are related to analysis.

If it's trade ideas or confirmations, I don't even see them, but she sends me

all the other ones that are questions about, uh, the service or, or that none

of your billing information is exposed.

So if you ever thinking that I don't have any access to that, the only

thing I ever see is email addresses.

All right.

So.

I'm not going to answer that.

You want to wait around and figure that one out.

All right.

So you want to click on Fibonacci properties?

Um, and the way I did that is once you put the fable one, okay.

You highlight it.

Okay.

And wherever you can get to centered.

Or one of the dots here on the upper or lower level, and you're

going to right click on your mouse.

You're going to click on Phibbah properties and I'm

going to just scroll through.

And all you do is just tap in the area and you type in the settings.

You see that I have online.

Okay.

It's just simply just duplicating what you see online.

So the first one is the zero level.

Then it's 0.5 and then you type in equilibrium, make sure you spell it right.

Your peer or let you know, and then you have the 62% level.

Then you have the 100 level

and then 1 27 extension.

Yeah, the, the box doesn't expand Tina.

I'm sorry.

I was, I was actually trying to do it once before trying to teach it to someone

else, but it doesn't, this is all you get.

It's the for limitation, not me.

And then you got 1.62, you have the advanced version.

I don't have that one.

And as you write in their profit objective two, and I'll teach you all

that stuff when to use, when to look for certain ones and believe me, you

will have a ton of information coming at you, but I can't do everything.

In one setting.

And then you have the level two, which is a 200%, uh, extension.

And you write that as swing projection objective.

It's a, basically a metric move.

In other words, what that is, and then you have 0.705, which is the

optimal trade entry sweet spot.

Then you have 0.79, which is a 79 saturation level, which is the

last threshold of optimal trading.

Okay.

And then you just click.

Okay.

And then your chart will look like this, and then you'll learn all the secrets are

using the Fibonacci for profit taking.

That's really all I use Fibonacci for.

Um, I initially I used Fibonacci for entries and all that stuff.

You don't ever see a Fibonacci on my chart.

Yeah.

When we talk about entries and stuff, it's, it's not there.

It's not there, but I do believe that Fibonacci helps with my determination of

exits and that's the part of my trading.

I'm still refining.

Uh, cause I just don't have satisfaction in that.

I want to be able to refine it better.

So.

That's it munchkins.

I'm going to leave you here with that hope you had a very pleasant

afternoon and day with me.

Um, if you'd learn something, obviously let me know on Twitter.

I greatly appreciate the feedback.

And if you didn't stick around, you'll learn some more.

We have a lot of stuff to cover between now and 50 weeks from now.

We have 50 weeks left.

Okay.

You're so much content that's coming.

You got two more teachings this weekend and you got two more teachings next week.

And, uh, next week, uh, you also, uh, next Friday you'll have the,

uh, the resource I promised it would be given every single month.

So, um, yeah, that's about it.

I need to get something to eat.

I'm starving and I need a nap, so I will catch you guys on probably tomorrow.

Which is, which is my tonight, uh, tonight around, uh, one o'clock in

the morning, I'll send you a tweet.

I probably won't be doing anything in London tomorrow, simply because I want

to try to get some rest and get caught up because I've been burning on both ends.

And, but we'll be able to be live tomorrow in the New York session.

So I think that's fair.

Um, that's it, anything happens in between now and then I'm awake.

I will send you via Twitter.

And again, greatly appreciate your, uh, your trust in me.

And I'm loving the fact that I'm able to share this with you guys.

So take it easy.

I will catch you on the flip side.