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These are the user uploaded subtitles that are being translated: 1 00:00:48,384 --> 00:00:50,688 Xbox versus 4th 2 00:00:51,456 --> 00:00:52,480 8 3 00:00:52,736 --> 00:00:56,064 Installments for the first month of the it mentorship 4 00:00:56,832 --> 00:00:57,344 We are 5 00:00:58,880 --> 00:01:00,672 Equilibrium versus discount 6 00:01:02,464 --> 00:01:02,976 Nao 7 00:01:04,768 --> 00:01:05,280 Again 8 00:01:06,048 --> 00:01:10,144 This is a forewarning up for some some of you were actually 9 00:01:11,168 --> 00:01:12,192 People's Appliance 10 00:01:12,704 --> 00:01:14,240 Price me starting this mentorship 11 00:01:14,752 --> 00:01:19,872 It's going to seem a little bit Elementary initially but I promise I'll add something to it that 12 00:01:20,128 --> 00:01:20,640 May 13 00:01:21,152 --> 00:01:21,920 Brian Whitmore 14 00:01:22,176 --> 00:01:25,504 That's it the understanding of what optimal trade entry is 15 00:01:26,784 --> 00:01:31,648 Long time ago back in 2010 I introduced a 16 00:01:31,904 --> 00:01:33,440 Simple idea of 17 00:01:33,952 --> 00:01:35,744 Looking a swing projections 18 00:01:36,000 --> 00:01:40,608 Retracements in identifying what would be deemed as optimal trade entry 19 00:01:41,376 --> 00:01:42,912 Everyone knew 20 00:01:43,168 --> 00:01:44,448 It's all obviously 21 00:01:44,704 --> 00:01:47,264 They liked it and it was easy for him to see 22 00:01:47,520 --> 00:01:49,312 It would apply really quick to the chart 23 00:01:49,568 --> 00:01:52,896 And I think the reason why is because it had a indicator applied to it 24 00:01:53,408 --> 00:01:54,944 Anything the Fibonacci 25 00:01:55,200 --> 00:01:56,736 She doesn't have any magic 26 00:01:56,992 --> 00:01:57,760 Anemone 27 00:01:59,040 --> 00:02:00,832 Significance by itself 28 00:02:01,088 --> 00:02:02,112 Yet understand 29 00:02:02,624 --> 00:02:04,672 Where the market may want to reach for 30 00:02:05,440 --> 00:02:08,512 So there's going to be a certain measure of prognostication 31 00:02:08,768 --> 00:02:11,840 On your part if it doesn't do everything for you so 32 00:02:12,096 --> 00:02:14,144 I want to draw your attention to 33 00:02:14,912 --> 00:02:16,192 Looking at where 34 00:02:16,448 --> 00:02:18,752 Markets are most likely to create 35 00:02:19,008 --> 00:02:20,288 Buy conditions 36 00:02:20,544 --> 00:02:22,592 Now this is not by signal entries 37 00:02:22,848 --> 00:02:26,688 This is just framing a context initially as a new Trader 38 00:02:26,944 --> 00:02:29,760 Someone new to technical analysis someone new to my principles 39 00:02:30,016 --> 00:02:36,160 It's going to give you a foundation so that we can go into the charge to start looking at these things and measure them 40 00:02:36,416 --> 00:02:37,184 And then study them 41 00:02:38,208 --> 00:02:38,720 So 42 00:02:39,232 --> 00:02:41,536 Assessment is a give you a framework 43 00:02:41,792 --> 00:02:43,584 To work within in your demo account 44 00:02:43,840 --> 00:02:48,704 Everyone should be working inside the flex LTD demo account as I established 45 00:02:48,960 --> 00:02:50,240 Beginning 46 00:02:50,496 --> 00:02:51,776 This mentorship so 47 00:02:53,568 --> 00:02:54,080 We have 48 00:02:54,848 --> 00:02:56,896 Multiple price wings in here 49 00:02:57,664 --> 00:03:00,224 On this daily chart malignant primarily daily chart 50 00:03:00,480 --> 00:03:02,016 Initially 4 setups 51 00:03:02,528 --> 00:03:03,808 If your new traitor 52 00:03:04,064 --> 00:03:09,440 Okay and you seemed overwhelmed he probably heard me talk about certain things already in this mentorship 53 00:03:09,696 --> 00:03:13,536 Maybe watch some of my videos on YouTube or on my websites 54 00:03:13,792 --> 00:03:14,816 Tutorial section 55 00:03:16,864 --> 00:03:18,400 You heard terms it went right over your head 56 00:03:19,680 --> 00:03:22,240 Some of the terms are created by me 57 00:03:22,496 --> 00:03:24,800 Some of them are industry standards 58 00:03:25,056 --> 00:03:25,824 Some 59 00:03:26,592 --> 00:03:28,896 Are going to require a little bit more 60 00:03:29,152 --> 00:03:30,432 Description 61 00:03:30,688 --> 00:03:32,736 About what they mean later on in the mentorship 62 00:03:32,992 --> 00:03:34,784 So if you hear something even in this 63 00:03:35,296 --> 00:03:40,416 Presentation just make a note of it in your notes and then obviously New York pick up the understanding 64 00:03:40,672 --> 00:03:42,976 Is it go deeper every month or something new 65 00:03:43,488 --> 00:03:45,792 But for now I want you to focus on 66 00:03:46,816 --> 00:03:47,840 A simple question 67 00:03:49,376 --> 00:03:50,400 If a traitor 68 00:03:50,656 --> 00:03:52,704 Believes the markets going to go higher 69 00:03:53,728 --> 00:03:55,520 Wood frame that 70 00:03:55,776 --> 00:03:58,592 Context what would give the the traitor that 71 00:03:59,360 --> 00:04:00,640 Conclusion 72 00:04:00,896 --> 00:04:01,664 To trust 73 00:04:02,432 --> 00:04:04,224 Buying a specific Market 74 00:04:04,480 --> 00:04:07,040 What goes into making a decision 75 00:04:07,808 --> 00:04:08,832 Well the first thing 76 00:04:09,088 --> 00:04:13,952 I want you understand this is going to be at the very first baby step to understanding institutional order flow 77 00:04:15,232 --> 00:04:17,024 The first thing you need is movement 78 00:04:17,536 --> 00:04:18,815 You have to understand that 79 00:04:19,071 --> 00:04:20,095 To be a buyer 80 00:04:20,351 --> 00:04:23,935 There has to be a willingness of somebody with bigger 81 00:04:24,191 --> 00:04:27,263 BiggerPockets than you more money than you 82 00:04:27,519 --> 00:04:31,359 And they're the ones that move price around and they are the banks okay 83 00:04:31,615 --> 00:04:35,455 They're only going to let price go higher when it suits their purpose 84 00:04:35,967 --> 00:04:37,759 Okay so it's not give me a supply and demand Factor 85 00:04:38,015 --> 00:04:44,159 It's going to be a greed Factor they want money okay they're in the business of making money after all that's their nature of the business 86 00:04:46,719 --> 00:04:48,767 If we are looking for buying opportunities 87 00:04:49,023 --> 00:04:49,535 Okay 88 00:04:50,047 --> 00:04:52,607 Many retail Traders look for 89 00:04:52,863 --> 00:04:56,191 All of these patterns and indicator based ideas 90 00:04:56,703 --> 00:04:59,263 And I want you to focus primarily on price 91 00:04:59,519 --> 00:05:02,335 Price alone will give you everything You'll Ever Need 92 00:05:02,591 --> 00:05:05,151 Terms of indicating higher or lower price 93 00:05:05,407 --> 00:05:07,711 In Alexa give you the actual specific entries 94 00:05:07,967 --> 00:05:10,783 And your exits 95 00:05:11,295 --> 00:05:13,855 My loan closed does everything for you 96 00:05:15,391 --> 00:05:16,927 Slow down here 97 00:05:17,951 --> 00:05:19,743 I want to look at this high up here 98 00:05:21,023 --> 00:05:23,839 You see how that is the biggest price swing 99 00:05:24,351 --> 00:05:25,375 Entire 100 00:05:25,631 --> 00:05:26,143 Chart 101 00:05:26,655 --> 00:05:30,495 Tell between August 14th all the way to the present time 102 00:05:30,751 --> 00:05:31,519 In September 103 00:05:32,031 --> 00:05:35,615 There is only been one major price swing higher and lower 104 00:05:36,383 --> 00:05:38,175 So if we take a Fibonacci level 105 00:05:39,711 --> 00:05:43,039 Use Fibonacci to illustrate equilibrium 106 00:05:43,295 --> 00:05:45,599 Cakes that first establish what equilibrium is 107 00:05:46,367 --> 00:05:49,183 This is the largest price range okay or 108 00:05:50,207 --> 00:05:51,743 The market range 109 00:05:51,999 --> 00:05:56,863 That's presently being traded and now what do I mean by present Market range assist 110 00:05:57,119 --> 00:05:58,911 The highest range we've seen 111 00:06:00,703 --> 00:06:02,239 In the last month or so 112 00:06:03,263 --> 00:06:07,359 So if we look at this range, scroll back as you can see there's nothing 113 00:06:08,127 --> 00:06:14,015 More significant than that except for this one back here but we're primarily used as it has a very strong reaction 114 00:06:14,271 --> 00:06:15,551 We can use these back here 115 00:06:16,063 --> 00:06:19,903 Okay and I'll do it for completeness sake later on the video before now I want you to see 116 00:06:20,159 --> 00:06:21,439 They're very strong impulsive 117 00:06:21,695 --> 00:06:22,463 Move away 118 00:06:23,231 --> 00:06:26,815 Then comes back retraces then had another strong impulsive move away 119 00:06:27,071 --> 00:06:28,607 To the heart 120 00:06:29,119 --> 00:06:29,631 Thanks 121 00:06:29,887 --> 00:06:31,167 When we say impulsive 122 00:06:31,423 --> 00:06:32,447 Price smoothbore 123 00:06:32,959 --> 00:06:34,751 What will you refer to as 124 00:06:35,007 --> 00:06:36,031 Impulsive 125 00:06:36,287 --> 00:06:39,103 Price swing going forward throughout this mentorship 126 00:06:39,615 --> 00:06:43,967 That is the indication that there has been displacement and displacement is where 127 00:06:44,479 --> 00:06:49,599 Someone with a lot of money okay come to the marketplace and they have a strong conviction 128 00:06:49,855 --> 00:06:50,879 To move price higher 129 00:06:51,135 --> 00:06:52,671 We already know that price is going to be 130 00:06:52,927 --> 00:06:57,279 Central Bank so if they're letting price run this high 131 00:06:57,535 --> 00:07:00,351 They're offering at a higher price as long as there's buyers coming in 132 00:07:00,863 --> 00:07:02,399 They're going to keep offering that price there 133 00:07:03,935 --> 00:07:06,751 As long as it keeps finding buyers as a kid racing price up 134 00:07:07,263 --> 00:07:10,591 I'll keep expanding price high heart until there is no longer 135 00:07:10,847 --> 00:07:11,615 Any interest 136 00:07:11,871 --> 00:07:13,407 For them to pair up orders with 137 00:07:13,663 --> 00:07:14,431 Participants 138 00:07:14,943 --> 00:07:17,247 Open interest in Marketplace 139 00:07:17,503 --> 00:07:20,063 A little bit 140 00:07:20,575 --> 00:07:22,367 Until I can get more 141 00:07:23,135 --> 00:07:26,463 Buy stops above the marketplace it is not 142 00:07:27,743 --> 00:07:31,327 Bye-bye bye-bye bye-bye bye-bye are Market 143 00:07:32,095 --> 00:07:32,863 Stretching price 144 00:07:33,119 --> 00:07:36,703 They have already bought down here and then they're allowing price to be 145 00:07:37,727 --> 00:07:39,519 Offer to the marketplace 146 00:07:39,775 --> 00:07:40,799 Tire prices 147 00:07:41,311 --> 00:07:42,847 It happens 148 00:07:43,871 --> 00:07:48,479 They're all they're doing is selling off their positions they established at a lower low 149 00:07:49,759 --> 00:07:50,271 From here 150 00:07:50,527 --> 00:07:56,671 The bank's RC long position 151 00:07:57,695 --> 00:08:00,511 Okay once that price goes higher higher higher higher higher 152 00:08:00,767 --> 00:08:02,303 It keeps going higher 153 00:08:02,559 --> 00:08:03,327 Until 154 00:08:03,583 --> 00:08:04,607 Their position 155 00:08:05,119 --> 00:08:07,167 Is funded in a longer one 156 00:08:07,423 --> 00:08:07,935 Anymore 157 00:08:08,959 --> 00:08:09,983 Position held 158 00:08:10,751 --> 00:08:12,543 Looking for liquidation areas 159 00:08:12,799 --> 00:08:15,359 Where they know that they can be willing participants to buy 160 00:08:15,871 --> 00:08:19,711 That's going to be above this old high back here why would they want to take price above that Ojai 161 00:08:19,967 --> 00:08:20,479 Here 162 00:08:20,735 --> 00:08:24,831 Because there's going to be by stops on a fun level a means big money 163 00:08:25,343 --> 00:08:26,879 Managed funds 164 00:08:27,391 --> 00:08:29,439 Stop-loss orders read about that high 165 00:08:29,695 --> 00:08:31,231 Going to details 166 00:08:31,487 --> 00:08:32,511 In this mentorship 167 00:08:33,023 --> 00:08:36,607 About where stops are having to pick out institutional funds 168 00:08:36,863 --> 00:08:38,399 Levels were there stops are at 169 00:08:38,655 --> 00:08:39,423 Wareheim 170 00:08:39,935 --> 00:08:40,447 Target 171 00:08:40,703 --> 00:08:46,079 Big-money moves are going to occur all those things will be taught to you but for now I just want to start you a very small 172 00:08:46,335 --> 00:08:50,687 Cuz I miss a lot of folks that just started with this mentorship and it never really been through 173 00:08:50,943 --> 00:08:52,479 The complete library of 174 00:08:52,735 --> 00:08:53,759 My concept 175 00:08:54,015 --> 00:08:58,623 Or death haven't really expose themselves to anyone else's to all this seems Greek to them 176 00:08:58,879 --> 00:09:04,255 I don't mean to offend you by that maybe Greek but it's an expression in states that means it's alien to them 177 00:09:06,303 --> 00:09:10,911 The first thing I want to look for in price is you want to see impulsive price wings 178 00:09:11,423 --> 00:09:13,983 Okay and since we're looking for Discount Markets 179 00:09:14,239 --> 00:09:17,311 Okay in relative terms to equilibrium 180 00:09:17,567 --> 00:09:21,151 We first have to understand what an Impulse price swing is 181 00:09:21,407 --> 00:09:22,687 Let me take the football pro quick 182 00:09:22,943 --> 00:09:23,711 Go back to that 183 00:09:24,735 --> 00:09:25,503 Price like right here 184 00:09:25,759 --> 00:09:27,551 Take all this off all her here 185 00:09:28,575 --> 00:09:32,671 They said we have one big strong impulsive price swing right here comes off 186 00:09:33,695 --> 00:09:34,975 This low and rallies up 187 00:09:35,743 --> 00:09:40,863 We don't need to know what caused the bite on here it's not interesting it all to me I don't care 188 00:09:41,119 --> 00:09:41,631 Okay 189 00:09:42,143 --> 00:09:45,215 We don't know this Priceline is going to start until 190 00:09:47,007 --> 00:09:53,151 Is here okay until it forms so I'm giving you a perspective 191 00:09:53,663 --> 00:09:54,943 Studying in hindsight 192 00:09:56,735 --> 00:09:57,503 The low 193 00:09:58,271 --> 00:09:59,295 Today's high in here 194 00:10:00,063 --> 00:10:02,623 Bank that rally up for the impulsive price swing 195 00:10:03,903 --> 00:10:06,719 We only require price to start 196 00:10:07,231 --> 00:10:10,815 Coming down off of that and it takes at least 4 candles 197 00:10:11,327 --> 00:10:12,607 What time frame year 1 198 00:10:12,863 --> 00:10:14,399 You need for candles 199 00:10:14,655 --> 00:10:17,983 Okay from when the market makes up alone starts rallying up 200 00:10:19,007 --> 00:10:22,079 What you're going to look for is once you see a high forum 201 00:10:22,335 --> 00:10:23,103 Museum in 202 00:10:24,895 --> 00:10:28,479 Once you see the high for mini four candles why four candles 203 00:10:28,991 --> 00:10:35,135 Need to have one candle to the left one candle to Center the most highest one in a lower candle to the right that's 204 00:10:35,391 --> 00:10:37,695 Swing high and then you got to see price go lower 205 00:10:38,463 --> 00:10:39,487 When it happens 206 00:10:39,743 --> 00:10:43,327 You start waiting for price to retrace back to equilibrium 207 00:10:43,839 --> 00:10:45,119 Now what is equilibrium 208 00:10:45,631 --> 00:10:49,471 Equilibrium is a Midway point of a price move 209 00:10:55,871 --> 00:10:58,687 Up to 210 00:10:58,943 --> 00:10:59,967 Drop it 211 00:11:00,479 --> 00:11:02,527 Equilibrium 212 00:11:03,039 --> 00:11:04,575 Scrunches up a little bit more 213 00:11:14,047 --> 00:11:14,815 Can I see we have 214 00:11:15,071 --> 00:11:16,351 Is price leg up 215 00:11:17,375 --> 00:11:19,167 Call Sid price Wingo Tire 216 00:11:19,679 --> 00:11:22,751 Finish we get three candles then and only then 217 00:11:23,007 --> 00:11:24,543 We start watching 218 00:11:25,311 --> 00:11:29,919 The price to come down to the equilibrium price point in that is basically the Fibonacci level 219 00:11:30,175 --> 00:11:30,943 50% 220 00:11:31,199 --> 00:11:31,711 Okay 221 00:11:32,735 --> 00:11:37,855 We're looking for price to come down to that level and soon as it comes back to that level and on a daily chart 222 00:11:38,111 --> 00:11:41,951 We go down into a lower time frame and we hunt buying opportunities 223 00:11:42,207 --> 00:11:43,743 I'm not teaching you buying 224 00:11:43,999 --> 00:11:48,095 Entry signals okay I'm giving you context of how to discern 225 00:11:48,351 --> 00:11:50,143 When the market goes to discount 226 00:11:50,399 --> 00:11:51,935 And when it's at a premium 227 00:11:52,959 --> 00:11:56,287 Trading at premiums okay I'll teach you how to use premiums 228 00:11:56,543 --> 00:11:59,615 The first video of next week okay so 229 00:11:59,871 --> 00:12:03,967 We're only focusing primarily on equilibrium versus discount 230 00:12:06,015 --> 00:12:07,295 Fisher price swing 231 00:12:07,807 --> 00:12:09,599 It moves from allo aggressively up 232 00:12:10,111 --> 00:12:11,903 We don't do anything 233 00:12:12,159 --> 00:12:13,439 Until we start seeing 234 00:12:13,951 --> 00:12:18,047 Hoedown movie basically making a swing High 235 00:12:18,559 --> 00:12:20,607 I'll swing High looks like this 236 00:12:23,679 --> 00:12:24,703 Has a high 237 00:12:25,471 --> 00:12:27,519 In a candle that slower and 238 00:12:27,775 --> 00:12:29,055 Channel to the right that slower 239 00:12:30,335 --> 00:12:31,359 That's a swing High 240 00:12:31,615 --> 00:12:35,711 And once that some high forms were waiting for the fourth candle 241 00:12:36,479 --> 00:12:40,063 Okay to start coming lower now we're looking for four candles to start turning around 242 00:12:40,575 --> 00:12:41,599 When it happens 243 00:12:42,111 --> 00:12:42,623 Okay 244 00:12:42,879 --> 00:12:48,255 It gives you now you're allowed to start looking for the market to come down into equilibrium 245 00:12:48,511 --> 00:12:49,791 It means that 50% level 246 00:12:50,815 --> 00:12:55,935 Once you're on 50% level and you're in a hard time frame and we start everything at a daily chart 247 00:12:56,959 --> 00:13:00,799 At the daily chart when we know now that between the low here 248 00:13:01,567 --> 00:13:02,591 In the high here 249 00:13:03,359 --> 00:13:05,919 The market now has gone back to equilibrium 250 00:13:06,175 --> 00:13:08,223 So it's at fair value 251 00:13:08,735 --> 00:13:10,271 What's fair market value 252 00:13:11,295 --> 00:13:15,391 If you get something at fair market value obviously you're not paying a premium 253 00:13:15,903 --> 00:13:17,439 But you're not really getting a discount either 254 00:13:17,695 --> 00:13:18,719 But it's still 255 00:13:18,975 --> 00:13:21,535 Neutral taboulis condition that means 256 00:13:21,791 --> 00:13:24,095 You're not buying at an inflated price 257 00:13:24,607 --> 00:13:25,119 So 258 00:13:25,375 --> 00:13:26,143 This 259 00:13:26,399 --> 00:13:27,679 Time. Right here 260 00:13:27,935 --> 00:13:30,751 The market is offering an opportunity to be long 261 00:13:32,287 --> 00:13:36,895 I'm not going down the lower timeframes today I'm not going to teach you that today only thing I'm giving you right now 262 00:13:37,151 --> 00:13:38,431 Developing contacts 263 00:13:38,943 --> 00:13:40,223 Around the daily 264 00:13:40,479 --> 00:13:44,575 Institutional price levels that are arrived at on the daily chart 265 00:13:45,087 --> 00:13:47,647 You looking for impulsive price wings first 266 00:13:48,415 --> 00:13:50,719 Lane Pryce settle back down into equilibrium 267 00:13:51,487 --> 00:13:54,303 What we're going to do once we get to that level 268 00:13:55,071 --> 00:14:01,215 Pregnancy without going in the Lord timeframes that price does rally again where is it rally back up to its old 269 00:14:01,471 --> 00:14:05,055 Institutional order flow reference point which is an old high back here 270 00:14:05,311 --> 00:14:06,847 So go straight above 271 00:14:07,103 --> 00:14:08,127 That previous huh 272 00:14:09,151 --> 00:14:09,663 See that 273 00:14:10,431 --> 00:14:13,759 Now the market trades off again and go slower so 274 00:14:14,527 --> 00:14:15,807 We have now a new 275 00:14:17,855 --> 00:14:22,207 New Range we have to now but the Fibonacci on this High keeping it off this saying low 276 00:14:22,463 --> 00:14:26,047 Now why did I do that because this Chrysler has not been violated 277 00:14:26,559 --> 00:14:29,375 It only retrace down to here and rally up again 278 00:14:29,887 --> 00:14:32,191 Now we just wait for three candles 279 00:14:32,959 --> 00:14:33,727 Handle 280 00:14:36,799 --> 00:14:39,359 This is probably a Sunday didn't even steal this is one here 281 00:14:39,871 --> 00:14:43,967 Either way you don't want to count Sundays by the way MP4 282 00:14:44,479 --> 00:14:46,527 One else Works LTD does 283 00:14:46,783 --> 00:14:48,319 Give you the Sonic and also you got 284 00:14:48,575 --> 00:14:51,391 Factor that out don't don't count Sundays candle to this 285 00:14:51,647 --> 00:14:52,415 And not even 286 00:14:53,183 --> 00:14:55,231 So that's probably going to end up becoming 287 00:14:55,487 --> 00:14:56,767 This candle here 288 00:14:57,023 --> 00:15:00,607 Once you get the damn candle here that the market has in fact 289 00:15:00,863 --> 00:15:02,399 Turned it starting to go lower 290 00:15:02,655 --> 00:15:04,959 Notice what's happening here we're not rushing 291 00:15:05,215 --> 00:15:07,007 We don't need the cats too high 292 00:15:07,263 --> 00:15:13,407 Okay it gives all kinds of time to wait and plan and build an idea about what it is specifically we're going 293 00:15:14,175 --> 00:15:15,967 When price gets to equilibrium 294 00:15:16,735 --> 00:15:20,831 Price drops down a little bit more then goes up what do we do the whole sinuses tapping nothing 295 00:15:21,343 --> 00:15:22,367 Not doing anything 296 00:15:22,879 --> 00:15:24,415 This is a hard time frame principal 297 00:15:24,671 --> 00:15:27,743 Most of you are all begging for a higher timeframe principle to trade with 298 00:15:27,999 --> 00:15:30,303 This is the beginning building blocks to that 299 00:15:30,559 --> 00:15:34,143 Okay Market trades lower lower it what we do here nothing 300 00:15:34,911 --> 00:15:35,935 Not doing anything here yet 301 00:15:36,191 --> 00:15:36,959 You're nothing 302 00:15:37,215 --> 00:15:42,079 Pain lower lower lower lower outside in bumi hits equilibrium over here 303 00:15:42,335 --> 00:15:44,639 Now we can start studying price 304 00:15:45,407 --> 00:15:46,687 We want to study price 305 00:15:47,199 --> 00:15:53,343 When the lower time frames will look for entries but not until I'm not teaching you entry signals here I'm giving you contacts 306 00:15:53,855 --> 00:15:59,231 Soon as we get to equilibrium we are now at fair market value so the market is permitted 307 00:15:59,743 --> 00:16:00,767 To be bought 308 00:16:01,279 --> 00:16:06,399 Okay at the banking level they will be able to buy at these levels cuz there's not at 8 309 00:16:06,655 --> 00:16:07,423 Premium 310 00:16:07,679 --> 00:16:08,191 Based 311 00:16:08,447 --> 00:16:08,959 Market 312 00:16:09,471 --> 00:16:11,519 The levels that are trading at this level here 313 00:16:12,031 --> 00:16:13,311 Alright fair market value 314 00:16:13,823 --> 00:16:17,919 Mountebanks are just like anyone else if you go to the grocery store and you see steaks 315 00:16:18,431 --> 00:16:24,575 For $10 I don't even know what they cost is my white chocolate shopping if a state cost 10. 316 00:16:24,831 --> 00:16:25,855 Hours at the market 317 00:16:26,111 --> 00:16:31,231 And it drops down to $8.50 a steak that's probably you a discount 318 00:16:31,743 --> 00:16:35,839 And it may not be that price I don't know but for Seiko analogy were using it 319 00:16:37,119 --> 00:16:42,751 That means that we are now at a discount anything below equilibrium is now discount Market 320 00:16:43,519 --> 00:16:46,847 When markets go below equilibrium 321 00:16:47,615 --> 00:16:50,687 They do not spend much time below equilibrium 322 00:16:50,943 --> 00:16:54,271 And there's usually a very Dynamic price move away from that 323 00:16:54,783 --> 00:16:58,111 Especially if the contact behind the marketplace is bullish 324 00:16:58,623 --> 00:16:59,135 Nao 325 00:16:59,903 --> 00:17:03,487 Looking at this framework we have here we had an impulsive price swing 326 00:17:03,743 --> 00:17:04,255 Ear 327 00:17:04,767 --> 00:17:07,327 Jason came back to equilibrium 328 00:17:07,583 --> 00:17:11,423 Walmart time to get the pie over here and then sold off 329 00:17:11,935 --> 00:17:15,519 Went back down into equilibrium getting went to a discount 330 00:17:16,287 --> 00:17:17,567 50% 331 00:17:17,823 --> 00:17:19,871 Of the impulse price swing 332 00:17:21,151 --> 00:17:22,687 That is now at a discount 333 00:17:23,455 --> 00:17:24,735 To the market on 334 00:17:25,247 --> 00:17:29,087 The banking perspective is it this mail is now at a discount 335 00:17:29,855 --> 00:17:34,975 It is allowed to be bought now you just don't go in discriminately in here trying to buy just because it goes back 336 00:17:35,231 --> 00:17:39,327 To 50% or less that's not enough you got to have more information 337 00:17:39,839 --> 00:17:41,375 But for now I just want to give you 338 00:17:41,631 --> 00:17:43,935 When we have a bullish scenario 339 00:17:44,191 --> 00:17:45,727 Foray Marketplace 340 00:17:46,239 --> 00:17:48,031 If we think of pairs bullish 341 00:17:48,543 --> 00:17:51,103 We look for impulsive price swings 342 00:17:51,359 --> 00:17:53,151 On the daily chart the frame 343 00:17:53,407 --> 00:17:54,943 Higher time frame ideas 344 00:17:55,199 --> 00:17:59,039 There's other trades you can take in a lower time frames in between these 345 00:17:59,295 --> 00:18:02,879 But for now I want you primarily focused on just this 346 00:18:03,135 --> 00:18:05,951 Because it'll give you all the things that you probably been lacking 347 00:18:06,207 --> 00:18:08,511 With hard time frame ideas in 348 00:18:08,767 --> 00:18:11,071 Double Gang Box of directional bias 349 00:18:12,607 --> 00:18:13,631 Because daily 350 00:18:14,143 --> 00:18:17,471 Iggy's about time to you don't have to be sitting in front of the intraday chart 351 00:18:17,727 --> 00:18:21,567 You don't have to worry about the boss catching you doing something stealing time at its job 352 00:18:22,079 --> 00:18:25,919 This gives you a lot of flexibility and time to prepare for an idea that radon 353 00:18:26,431 --> 00:18:26,943 So 354 00:18:27,455 --> 00:18:28,735 Want to get equilibrium 355 00:18:28,991 --> 00:18:35,135 We know that we are at fair market value it's a market that could be bought if we are bullish but can't bite 356 00:18:35,391 --> 00:18:36,159 We can't buy Above 357 00:18:36,415 --> 00:18:39,743 This level up to here okay that's the best plan what I'm saying 358 00:18:39,999 --> 00:18:42,303 The best buys, equilibrium 359 00:18:43,327 --> 00:18:44,095 Or less 360 00:18:45,119 --> 00:18:49,983 Anything below equilibrium or 50% level is viewed as a discount 361 00:18:50,495 --> 00:18:51,007 Nao 362 00:18:51,775 --> 00:18:54,335 The wonderful thing about understanding this is 363 00:18:55,103 --> 00:18:58,175 When a Marcus at discount and its underlying 364 00:18:59,199 --> 00:19:00,479 Basis is bullish 365 00:19:00,991 --> 00:19:03,039 Discount prices don't stay 366 00:19:03,295 --> 00:19:04,575 In the market very long 367 00:19:04,831 --> 00:19:05,855 The Market's going to want 368 00:19:06,111 --> 00:19:07,647 Run away from that really quick 369 00:19:08,415 --> 00:19:11,999 Because this is a daily chart this isn't that bad in terms of how much time it's bent down there 370 00:19:12,767 --> 00:19:13,535 Hello equilibrium 371 00:19:13,791 --> 00:19:17,375 You can see finally explosively moved away from that 372 00:19:17,631 --> 00:19:20,703 In rally up through what I asked you guys to do 373 00:19:21,215 --> 00:19:22,239 In the third 374 00:19:22,751 --> 00:19:25,823 Toriel which was two on your charts Mark out areas of 375 00:19:26,335 --> 00:19:27,615 Where equal size would be 376 00:19:28,127 --> 00:19:29,919 And we're old high today 377 00:19:30,943 --> 00:19:35,039 The market Rally from that price point and goes right back up and clear that these equalize 378 00:19:36,063 --> 00:19:37,855 When is equalizer taken out if 379 00:19:38,111 --> 00:19:39,135 You were a traitor 380 00:19:39,391 --> 00:19:41,439 It only took a long in this area 381 00:19:41,695 --> 00:19:44,767 And it don't have to be exact Sciences far as where it was 382 00:19:45,023 --> 00:19:49,375 Speak in general terms if you went along somewhere in this smaller consolidation 383 00:19:49,631 --> 00:19:51,167 Before the expansion 384 00:19:52,191 --> 00:19:52,703 Okay 385 00:19:53,471 --> 00:19:56,543 Between buying at the 95 big figure roughly 386 00:19:57,055 --> 00:19:57,823 Up to 387 00:19:58,079 --> 00:19:59,359 These equalize 388 00:20:00,383 --> 00:20:01,919 98 389 00:20:02,175 --> 00:20:02,687 50 390 00:20:06,271 --> 00:20:07,807 About 9850 391 00:20:08,063 --> 00:20:10,367 And you bought around 9550 392 00:20:10,879 --> 00:20:12,671 That's 300 Pips move 393 00:20:13,183 --> 00:20:15,999 When I signal that would have formed it took a little while 394 00:20:16,511 --> 00:20:20,095 Come to fruition but based on equilibrium 395 00:20:20,607 --> 00:20:21,887 And discounting 396 00:20:22,143 --> 00:20:23,679 Okay you can frame 397 00:20:23,935 --> 00:20:26,239 What's the market should react 398 00:20:26,495 --> 00:20:27,519 It should be 399 00:20:27,775 --> 00:20:28,799 Viewed as a discount 400 00:20:29,055 --> 00:20:30,079 Across-the-board 401 00:20:30,335 --> 00:20:32,127 And if it is in fact borscht 402 00:20:32,383 --> 00:20:35,199 The banks will Dogpile on this and send the price higher 403 00:20:35,455 --> 00:20:37,503 It should be with quick Dynamic price action 404 00:20:39,295 --> 00:20:41,343 Understanding where it should be reaching for 405 00:20:41,855 --> 00:20:44,415 Above old highs above equalize 406 00:20:44,671 --> 00:20:45,695 Okay above 407 00:20:46,975 --> 00:20:48,767 The closing of a range 408 00:20:49,023 --> 00:20:50,815 Okay what you don't really have him here 409 00:20:51,583 --> 00:20:54,399 I'm just showing you this someone example you're already the first one 410 00:20:54,655 --> 00:20:55,679 It's 300 Pips 411 00:20:57,215 --> 00:20:58,751 Then we have another price move 412 00:20:59,519 --> 00:21:02,335 All the pier this there's no real retracements in here 413 00:21:02,591 --> 00:21:03,871 Just watch we have a high 414 00:21:04,639 --> 00:21:07,199 Igor levit lower here and then here's one here 415 00:21:07,455 --> 00:21:09,247 If we would have measured the low 416 00:21:09,759 --> 00:21:14,367 To this High it doesn't come down to 50% is nowhere near I can eyeball that you can probably do that too 417 00:21:14,879 --> 00:21:15,647 But I probably might 418 00:21:16,928 --> 00:21:18,976 Let's just do it cuz I'm probably going to have 419 00:21:19,744 --> 00:21:20,768 The Music Center 420 00:21:21,024 --> 00:21:23,072 From different countries have a hard time understanding 421 00:21:23,840 --> 00:21:24,864 My English let alone 422 00:21:26,400 --> 00:21:29,728 4X if we would have met her just this impulsive price swing right here 423 00:21:30,240 --> 00:21:32,032 Noticed that even though we had 424 00:21:32,800 --> 00:21:36,896 The candle here lower on the 4th 182 up close they was still lower 425 00:21:37,920 --> 00:21:40,736 Nothing came back down to equilibrium it stayed 426 00:21:40,992 --> 00:21:42,016 At a high price 427 00:21:42,272 --> 00:21:44,832 And it's just kept going higher and higher and higher and higher higher 428 00:21:45,856 --> 00:21:47,648 So if we go back to adding 429 00:21:47,904 --> 00:21:48,672 The fid 430 00:21:48,928 --> 00:21:49,952 To that initial 431 00:21:50,976 --> 00:21:51,744 Try slow 432 00:21:52,512 --> 00:21:53,024 Here 433 00:21:53,280 --> 00:21:56,864 And we stretch it cuz now we we broke we broke this high 434 00:21:57,888 --> 00:22:01,216 I'm going to keep drawn V up on swings that move up 435 00:22:01,472 --> 00:22:02,240 Dynamically 436 00:22:02,752 --> 00:22:04,800 So we have this big parent price swing 437 00:22:05,568 --> 00:22:06,080 Janelle 438 00:22:06,336 --> 00:22:09,920 We're going to wait until Chris gets back down to equilibrium when do we start waiting for that 439 00:22:10,176 --> 00:22:11,968 When the market shows a swing High 440 00:22:12,224 --> 00:22:12,992 Which it does here 441 00:22:13,504 --> 00:22:14,784 Then we start counting 442 00:22:15,040 --> 00:22:16,320 Just fourth candle backdrops 443 00:22:16,576 --> 00:22:17,344 The fourth candle 444 00:22:17,600 --> 00:22:18,880 Casted move 445 00:22:19,136 --> 00:22:21,184 Lower or be lower 446 00:22:21,696 --> 00:22:22,208 Then 447 00:22:22,464 --> 00:22:24,256 The highest candle that makes a swing High 448 00:22:24,512 --> 00:22:26,304 It's always a very simple thing and then from there 449 00:22:26,560 --> 00:22:30,656 We just start waiting and we count down every time it goes down to a new low low 450 00:22:31,168 --> 00:22:33,472 Lower low low low and finally what to hit right here 451 00:22:34,496 --> 00:22:35,264 Equilibrium 452 00:22:35,776 --> 00:22:38,080 That's a 50% Mark soon as it does that 453 00:22:38,336 --> 00:22:40,640 The market is at a fair market value 454 00:22:40,896 --> 00:22:43,712 It can be bought on the banking level 455 00:22:43,968 --> 00:22:47,296 Cannot be bought until it gets to that level or below 456 00:22:47,808 --> 00:22:49,856 They won't come in they won't do it 457 00:22:50,112 --> 00:22:52,160 It's not based on certain Archie 458 00:22:52,416 --> 00:22:54,464 I'm just showing you in terms of 459 00:22:55,488 --> 00:23:01,632 Equilibrium between old highs and lows assist evaluation marker that's all it is okay so the Algoma 460 00:23:01,888 --> 00:23:02,912 Kick into a buy mode 461 00:23:03,168 --> 00:23:05,984 In here especially if they have orders 462 00:23:06,240 --> 00:23:08,288 At that level or just a little bit below it 463 00:23:08,544 --> 00:23:12,896 And if they are there you'll know because the price will react immediately like it does here 464 00:23:13,152 --> 00:23:17,248 It's at one time doesn't have another camera that touches this one gets close to it but it still 465 00:23:17,504 --> 00:23:18,272 Rally's away 466 00:23:19,296 --> 00:23:20,320 NOW Watch What Happens 467 00:23:20,576 --> 00:23:22,880 We have another impulse swing here 468 00:23:23,392 --> 00:23:29,280 Price moves away from an area where we expect it to Rally why do we expect at the rally there because between this low 469 00:23:29,792 --> 00:23:30,816 In this high 470 00:23:31,328 --> 00:23:36,704 Price should be sensitive here on the outside and it rallies now watch what happens this is a big big step 471 00:23:37,216 --> 00:23:40,544 And I keep this fibonacci's just like it is I'm going to add another one 472 00:23:41,568 --> 00:23:44,384 Right on the load it starts here and it runs up 473 00:23:44,896 --> 00:23:45,408 Here 474 00:23:46,176 --> 00:23:46,688 Thu that 475 00:23:47,200 --> 00:23:48,480 17 this low 476 00:23:48,736 --> 00:23:49,760 Up to this high 477 00:23:50,016 --> 00:23:54,368 Why we counting the swing why we using this Fibonacci price when Michael and not something else 478 00:23:54,624 --> 00:23:57,440 Because this one's showed reaction to want to move away 479 00:23:57,952 --> 00:24:00,000 Commentary we would expect it to move 480 00:24:00,256 --> 00:24:05,632 And I watch we have a swing High here's a high-lower high-lower high and this candle is lower 481 00:24:06,144 --> 00:24:11,008 Then the one on the highest portion of the Swing high so now we start counting down until Christ gets to what 482 00:24:11,264 --> 00:24:13,056 Equilibrium or less 483 00:24:13,568 --> 00:24:17,920 The next candle doesn't do it this candle does it goes right down through equilibrium 484 00:24:18,432 --> 00:24:21,248 Down into what we call Optimal trade entry 485 00:24:22,016 --> 00:24:24,064 So when we get below equilibrium 486 00:24:25,088 --> 00:24:30,464 This time here look how much time it gives you the opportunity to get in at 62 to 70 487 00:24:30,720 --> 00:24:33,280 In a percentage off entry entry sweet spot 488 00:24:34,304 --> 00:24:35,328 If you look at that 489 00:24:35,584 --> 00:24:36,096 Price 490 00:24:36,864 --> 00:24:38,144 More orders 491 00:24:38,656 --> 00:24:40,192 And rallies away aggressively 492 00:24:41,472 --> 00:24:42,752 It happens again 493 00:24:43,008 --> 00:24:44,800 Now we have another reference point 494 00:24:46,848 --> 00:24:49,920 This is where we expected price to react and it did 495 00:24:50,176 --> 00:24:51,712 It gets another price leg 496 00:24:52,992 --> 00:24:54,016 Before all the way up here 497 00:24:55,296 --> 00:24:56,064 Peninsula 498 00:24:56,320 --> 00:24:57,344 To this high 499 00:24:57,856 --> 00:25:01,184 We get high allo allo allo on this one 500 00:25:01,440 --> 00:25:03,232 And we're already below equilibrium 501 00:25:04,512 --> 00:25:06,560 Look at the positive candle we went through it 502 00:25:07,072 --> 00:25:09,888 I'm nakutaka Twitter block see as much as I want to right now 503 00:25:10,400 --> 00:25:14,752 647 you guys do know it'll go out to you probably know what I'm talking about before I would say it 504 00:25:15,264 --> 00:25:17,824 But in here we expect price to be sensitive in here 505 00:25:18,336 --> 00:25:22,176 Okay because we're below 50% or equilibrium we're at a discount 506 00:25:22,432 --> 00:25:25,760 Price should not spend much time there delay quickly rallies away 507 00:25:26,528 --> 00:25:28,320 Okay and it comes back down 508 00:25:29,600 --> 00:25:31,392 I could draw a fib on this low 509 00:25:31,648 --> 00:25:33,184 American leaders do it 510 00:25:33,952 --> 00:25:36,768 After all that's the context of what we're teaching are they right 511 00:25:38,048 --> 00:25:41,632 Koenigsegg one all these levels where they should be reaction 512 00:25:44,960 --> 00:25:45,472 Okay 513 00:25:45,728 --> 00:25:47,008 Market rallies up 514 00:25:47,776 --> 00:25:53,920 Hyster swing High the next candle before scandals got2b lower it does it trades through equilibrium Braden tuatha 515 00:25:54,176 --> 00:25:57,248 Does it stay there long no rallies up 516 00:25:57,504 --> 00:25:59,040 Comes back it doesn't break the high 517 00:25:59,296 --> 00:26:01,344 Comes back to equilibrium and then 518 00:26:01,856 --> 00:26:02,880 Aggressive lemurs away 519 00:26:03,904 --> 00:26:06,976 Expand expand expand expand expand in finally 520 00:26:07,232 --> 00:26:11,072 It gets a reversal but nonetheless that right there from buying in here 521 00:26:11,840 --> 00:26:14,144 Tahir let's look at that in terms of range 522 00:26:20,800 --> 00:26:21,568 Grant Achatz again 523 00:26:23,360 --> 00:26:24,896 It's not every 524 00:26:26,176 --> 00:26:27,200 Not every 525 00:26:28,480 --> 00:26:31,296 Day setups okay but it's giving you significant setups 526 00:26:31,808 --> 00:26:35,136 If we look at the movies that we called in here using what I'm telling you 527 00:26:42,048 --> 00:26:43,584 If you bought down in here 528 00:26:45,120 --> 00:26:47,168 Just to this loud with your 240 Pips 529 00:26:48,448 --> 00:26:48,960 To hear 530 00:26:49,216 --> 00:26:50,752 It's 272 Pips 531 00:26:51,264 --> 00:26:52,288 If you held onto it 532 00:26:53,056 --> 00:26:54,336 It's 400 Pips 533 00:26:58,688 --> 00:26:59,712 This price moving here 534 00:27:01,760 --> 00:27:03,296 Price should be sensitive right here 535 00:27:03,808 --> 00:27:06,368 Roblox right here you'll learn about those 536 00:27:06,624 --> 00:27:09,440 But the Fibonacci just showed you it still there 537 00:27:09,696 --> 00:27:10,464 And watch this 538 00:27:12,000 --> 00:27:12,768 We had a 539 00:27:13,024 --> 00:27:14,048 Price when here 540 00:27:14,304 --> 00:27:16,352 It reacted off of the level that should be bullish 541 00:27:16,608 --> 00:27:17,888 Here's our new price like here 542 00:27:18,656 --> 00:27:20,960 Kevin Tighe and higher Heights we have 543 00:27:21,216 --> 00:27:21,984 Fire 544 00:27:22,496 --> 00:27:24,800 Magnitude price swing that's going higher 545 00:27:25,824 --> 00:27:29,664 We wait for the Swing holoform Down Candles right here equilibrium straight here 546 00:27:29,920 --> 00:27:35,040 Interested in entering which is Discount it's got to be below equilibrium 547 00:27:35,296 --> 00:27:38,112 If the market is below equilibrium 548 00:27:38,368 --> 00:27:44,512 We are in a discount market and it should not go below the old do it for 549 00:27:47,840 --> 00:27:48,864 Price Wing is 550 00:27:50,144 --> 00:27:51,680 That low it starts from 551 00:27:51,936 --> 00:27:53,472 It can't go below that 552 00:27:53,728 --> 00:27:57,312 To think about what it's already giving you he's giving you a framework to work within 553 00:27:57,568 --> 00:28:01,408 Okay I don't need to know exactly where I'm buying at I just know general area 554 00:28:01,664 --> 00:28:06,016 I can fine-tune that down to Lord timeframes when we do top-down analysis I'll teach that 555 00:28:07,040 --> 00:28:07,808 But for now 556 00:28:08,320 --> 00:28:10,624 If we understand this is the lower drawer fit Farms 557 00:28:10,880 --> 00:28:12,928 A stop-loss has to be below there 558 00:28:13,696 --> 00:28:14,720 When this time frame 559 00:28:15,232 --> 00:28:17,024 So we can buy in this area here 560 00:28:17,280 --> 00:28:19,840 Turn stop off down here Define the risk between that 561 00:28:20,096 --> 00:28:24,192 And how much of a mystery where we get based on how far should reach out 562 00:28:27,008 --> 00:28:28,288 Every time 563 00:28:28,544 --> 00:28:30,336 Everytime that price 564 00:28:30,848 --> 00:28:32,896 Makes an Impulse price swing higher 565 00:28:33,408 --> 00:28:36,224 We just wait for it to come back down and it's no rush 566 00:28:36,480 --> 00:28:37,248 We just wait 567 00:28:37,504 --> 00:28:41,600 It takes three candles on the 3rd candlelit can hit equilibrium go below it 568 00:28:42,112 --> 00:28:45,952 But we needed to Simply wait for the swing coliform and then you watch it drop down 569 00:28:46,464 --> 00:28:48,768 Want to dress down you know what you're going to be expecting 570 00:28:49,536 --> 00:28:50,304 The price move 571 00:28:50,560 --> 00:28:54,656 Should be explosive to the outside because the market goes back to a discount 572 00:28:56,704 --> 00:28:57,984 Equilibrium 573 00:28:58,240 --> 00:29:04,384 It can be a sensitive at equilibrium but here's what we're supposed to be focusing primarily on you want High odds trade 574 00:29:04,896 --> 00:29:08,480 You want high-probability explosive price action moves in your favor 575 00:29:08,992 --> 00:29:11,552 What happens when it goes below equilibrium 576 00:29:11,808 --> 00:29:15,136 Because the market will go to a very very suppressed levels 577 00:29:15,392 --> 00:29:18,464 And when it Go below equilibrium to a discount level 578 00:29:18,976 --> 00:29:25,120 Markets will not sustain discount prices very long if the underlined paintings of the marketplace is 579 00:29:25,888 --> 00:29:29,216 So get you to think that gives you a context work with them when 580 00:29:29,728 --> 00:29:31,776 Who buys and it gives you also 581 00:29:32,288 --> 00:29:34,336 Relative strength study 582 00:29:34,592 --> 00:29:35,360 Its built-in 583 00:29:35,616 --> 00:29:41,504 It should be sensitive it should be dynamic price action moves away from that equilibrium or less 584 00:29:41,760 --> 00:29:44,320 More specifically below equilibrium 585 00:29:44,576 --> 00:29:49,696 So that's where the optimal trade entry idea came from when I was using the 62% to 70% range mid-levels 586 00:29:49,952 --> 00:29:51,488 What you see on my Fitbit Nazis 587 00:29:54,560 --> 00:29:56,352 Well it's this area 62 588 00:29:56,608 --> 00:29:57,888 70.5 589 00:29:58,656 --> 00:29:59,680 And 70% 590 00:29:59,936 --> 00:30:00,960 Okay and 591 00:30:01,216 --> 00:30:03,008 Those levels are very very sensitive 592 00:30:03,264 --> 00:30:05,056 Not because of Fibonacci sake 593 00:30:05,312 --> 00:30:09,920 But because it's really just measuring how far the the current price range has been 594 00:30:10,432 --> 00:30:16,576 The other had a low down here and it had a high here this is the total range ever trading inside of right now 595 00:30:17,344 --> 00:30:18,368 Okay right now 596 00:30:18,624 --> 00:30:19,392 This is 597 00:30:21,184 --> 00:30:26,048 This is right now current as of today Friday's close of September 16th 598 00:30:26,816 --> 00:30:27,840 Okay so 599 00:30:28,096 --> 00:30:32,704 Right now we are in the range that's been defined by the high in the low here 600 00:30:33,216 --> 00:30:35,776 So that level of equilibrium still exist 601 00:30:36,032 --> 00:30:36,800 Which is here 602 00:30:37,568 --> 00:30:40,640 Did anybody condition that occurs below this level here 603 00:30:41,408 --> 00:30:42,688 Is high probability 604 00:30:43,200 --> 00:30:43,968 What does that mean 605 00:30:44,480 --> 00:30:47,808 That means you just measure every single impulsive price leg higher 606 00:30:48,576 --> 00:30:49,600 Night Moves 607 00:30:51,648 --> 00:30:53,952 Exodus do this at shade this area 608 00:30:56,256 --> 00:30:57,536 That way we'll understand 609 00:30:58,048 --> 00:30:59,584 Get anything below 610 00:31:01,888 --> 00:31:03,168 Anything below here 611 00:31:04,960 --> 00:31:06,496 That's in a high probability 612 00:31:08,544 --> 00:31:09,568 Discount Market 613 00:31:10,336 --> 00:31:10,848 Back 614 00:31:11,360 --> 00:31:13,152 When we understand that 615 00:31:13,664 --> 00:31:15,456 We can Define every single 616 00:31:15,712 --> 00:31:18,784 Price leg that moves up which is an impulsive price swing 617 00:31:19,296 --> 00:31:20,320 When it moves higher 618 00:31:23,648 --> 00:31:24,928 All we have to do 619 00:31:25,184 --> 00:31:26,976 Is measured the new equilibrium 620 00:31:27,488 --> 00:31:28,768 Point at which it's created 621 00:31:29,792 --> 00:31:31,584 And here I'm going to start right here 622 00:31:33,632 --> 00:31:35,936 There's impulse price leg right there 623 00:31:36,960 --> 00:31:38,752 They had the low up to the high 624 00:31:39,008 --> 00:31:40,032 Swing High 625 00:31:40,544 --> 00:31:46,688 14kt down it does hit equilibrium shouldn't respond yes it should be dynamic does it go higher yes it does 626 00:31:47,968 --> 00:31:48,992 Makes a new high 627 00:31:49,504 --> 00:31:50,784 Where to go to Michael 628 00:31:51,552 --> 00:31:53,344 Above a previous High over here 629 00:31:53,600 --> 00:31:55,136 And then trade back down 630 00:31:55,392 --> 00:31:58,976 Now here we have equilibrium. Tracy equilibrium an aggressively trade through it 631 00:31:59,232 --> 00:32:00,512 You're probably thinking always sailed 632 00:32:00,768 --> 00:32:01,280 It does 633 00:32:01,536 --> 00:32:04,352 That's what's going to happen sometimes you're going to lose money 634 00:32:04,608 --> 00:32:07,424 I want you to understand that is not going to be perfect 635 00:32:07,680 --> 00:32:13,568 But it's going to give you more contacts than you have right now cuz if your new if you have been looking at Price action before 636 00:32:13,824 --> 00:32:17,664 You probably have never looked at it like this in terms of valuation between equilibrium and discount 637 00:32:18,176 --> 00:32:21,248 Ameren teach the importance of that 638 00:32:21,504 --> 00:32:25,344 The rest of this month and the remaining teaching but for now I'm going to introduce you the idea 639 00:32:25,600 --> 00:32:26,624 A viewing price 640 00:32:26,880 --> 00:32:27,904 In this context 641 00:32:29,440 --> 00:32:35,584 The low equilibrium here no discount we come all way back down and take out a stock stop runs as what's going to be a 642 00:32:35,840 --> 00:32:37,632 Profile and if you take a loss 643 00:32:37,888 --> 00:32:38,912 That's what you expect 644 00:32:39,424 --> 00:32:43,520 You expect this occurrence that happened where the market takes the low out 645 00:32:43,776 --> 00:32:49,152 Well if it does take that low out was it probably really doing it's taking stops out so that should be a turtle soup 646 00:32:49,408 --> 00:32:55,552 Carole Simpson a false breakout pattern it went below that low we should see a responsiveness that's aggressive 647 00:32:55,808 --> 00:32:56,320 Higher 648 00:32:56,576 --> 00:32:57,600 We see that here 649 00:32:57,856 --> 00:32:58,368 Okay 650 00:32:58,880 --> 00:33:01,184 Market trades up makes an impulsive price leg 651 00:33:06,048 --> 00:33:06,816 From that low 652 00:33:08,096 --> 00:33:09,632 All the way up to 653 00:33:10,656 --> 00:33:11,424 Here 654 00:33:11,936 --> 00:33:13,472 Now watch as the cool part about this 655 00:33:13,728 --> 00:33:18,336 We have a swing High here that kinda lower high to lower high and it for scandalous Dam 656 00:33:18,592 --> 00:33:21,408 It does it ever get down the equilibrium know so we have no trade 657 00:33:21,664 --> 00:33:25,248 We'll catch anything that keeps going up no problem I ain't worried about you ain't worried about it 658 00:33:25,760 --> 00:33:27,808 Next price leg we look for 659 00:33:29,856 --> 00:33:31,648 Can we have this price like here 660 00:33:33,184 --> 00:33:37,280 We're only focusing on inside the yellow area that's the Shaded discount 661 00:33:38,048 --> 00:33:40,608 Portion of this Market that the dollar swissy 662 00:33:41,120 --> 00:33:43,936 This current market is a discount below 663 00:33:48,032 --> 00:33:49,056 Zalo 664 00:33:49,312 --> 00:33:50,080 Fish 665 00:33:50,336 --> 00:33:51,360 Mihir Desai 666 00:33:51,616 --> 00:33:52,896 Is equilibrium the top of that 667 00:33:53,152 --> 00:33:54,176 Yellow shaded area 668 00:33:54,432 --> 00:33:55,712 And below is discount 669 00:33:56,480 --> 00:33:58,784 So the market should be responsive 670 00:33:59,296 --> 00:34:00,320 Levels of 671 00:34:00,576 --> 00:34:01,344 Discount 672 00:34:06,464 --> 00:34:12,096 Tri-Cities High formula for the high between coliform in the foreskin got to show willing to be lower it. 673 00:34:12,352 --> 00:34:13,376 And we simply just wait 674 00:34:13,632 --> 00:34:19,776 Get wait wait wait wait wait wait wait wait until it hits equilibrium maybe go down to lower timeframe and we look for trading sick 675 00:34:20,800 --> 00:34:24,384 There may or may not be in they may or may not have rather 676 00:34:24,640 --> 00:34:25,408 Been one here 677 00:34:25,664 --> 00:34:26,176 Okay 678 00:34:26,688 --> 00:34:31,808 I'm going to say maybe it took one there and maybe took it and you took a loss great no problem you took a loss 679 00:34:32,064 --> 00:34:33,600 Ears up here that losing trade here 680 00:34:33,856 --> 00:34:35,904 Here to losing trade here no problem 681 00:34:36,928 --> 00:34:37,952 We had a winner here 682 00:34:38,976 --> 00:34:42,048 Marketon down into Deeper Discount 683 00:34:42,560 --> 00:34:44,096 Look at this swing low over here 684 00:34:44,352 --> 00:34:48,448 This is the building blocks of understanding how institutional flow will incorporate 685 00:34:48,960 --> 00:34:49,984 Roblox 686 00:34:50,496 --> 00:34:55,360 When Market comes down into a discount in a deep retracement of this impulsive price swing 687 00:34:55,872 --> 00:34:57,664 You're looking at the Down Candles 688 00:34:57,920 --> 00:34:58,944 Great at the low 689 00:34:59,456 --> 00:35:01,504 That if you have two of them consecutively 690 00:35:01,760 --> 00:35:04,576 It begins at the top of this candle right here 691 00:35:05,344 --> 00:35:06,880 Draw that out in time 692 00:35:07,136 --> 00:35:08,672 The market goes into that area 693 00:35:08,928 --> 00:35:13,024 This is a buying opportunity you would go down to a lower timeframe that game did daily chart 694 00:35:13,792 --> 00:35:14,816 It's very high 695 00:35:15,072 --> 00:35:17,632 It's a tight time frame she going to break that down into 696 00:35:17,888 --> 00:35:20,192 4 Hour 60 minutes 15 minutes 5 minutes 697 00:35:21,216 --> 00:35:23,008 Look for buying opportunities and then 698 00:35:23,520 --> 00:35:25,824 That area for discounting Market 699 00:35:26,336 --> 00:35:27,616 Aggressively 700 00:35:30,176 --> 00:35:31,968 We get that we get another price way 701 00:35:35,040 --> 00:35:39,392 We could take our Fibonacci and measure it to the come up with another 702 00:35:39,904 --> 00:35:40,672 Equilibrium 703 00:35:41,184 --> 00:35:42,464 Doesn't come back down to discount 704 00:35:42,976 --> 00:35:44,000 Or equilibrium in here 705 00:35:44,256 --> 00:35:47,072 So we don't have any trade here the market rallies again 706 00:35:49,888 --> 00:35:50,912 Connect level repair 707 00:35:51,168 --> 00:35:52,704 Lomar Fibonacci 708 00:35:54,496 --> 00:35:55,520 And here's our 709 00:35:56,800 --> 00:35:57,568 Hi here 710 00:35:58,080 --> 00:36:01,152 To have a high or lower high in a down candle 711 00:36:01,664 --> 00:36:02,944 Equilibrium 712 00:36:03,456 --> 00:36:05,248 We get response rise up 713 00:36:05,760 --> 00:36:07,552 Change right back up to a old well 714 00:36:08,320 --> 00:36:09,344 Rejection 715 00:36:09,856 --> 00:36:12,416 I'm not looking for cell signal so not teaching that here 716 00:36:14,208 --> 00:36:15,488 Now we have a higher 717 00:36:16,000 --> 00:36:17,280 Magnitude price swing 718 00:36:18,560 --> 00:36:22,144 This impulsive price on even though it's broken up into three legs 719 00:36:22,912 --> 00:36:24,704 You still have to measure that cuz that's the end 720 00:36:24,960 --> 00:36:28,544 The parents the parent price swing that's currently being traded in right there 721 00:36:29,824 --> 00:36:30,336 Daiso 722 00:36:30,592 --> 00:36:35,456 This movement here in price gets down the equilibrium we would study and see if there's a reason to be a buyer 723 00:36:35,968 --> 00:36:38,784 Is it what about their sin and maybe in something look at a little time frame 724 00:36:39,296 --> 00:36:42,112 Maybe there was a lost maybe you didn't take a trade I don't know 725 00:36:42,368 --> 00:36:44,672 Price goes down into a Deeper Discount 726 00:36:45,184 --> 00:36:46,464 Trade rate into 727 00:36:47,232 --> 00:36:48,256 Bullet or block 728 00:36:50,560 --> 00:36:53,888 Price hits it doesn't spend much time there no arouse aggressively 729 00:36:54,144 --> 00:36:57,728 And it fills in an area where price at already moved in rather quickly 730 00:36:58,496 --> 00:37:00,032 4 731 00:37:00,288 --> 00:37:01,568 Teething purposes 732 00:37:01,824 --> 00:37:03,616 It goes right up to the bottom 733 00:37:04,128 --> 00:37:04,896 Of this 734 00:37:05,152 --> 00:37:06,944 Bullish candle which is a bearish order block 735 00:37:07,200 --> 00:37:10,528 And that's an area where you would look to take profits on a long position 736 00:37:11,296 --> 00:37:12,832 If you did something like that 737 00:37:14,624 --> 00:37:18,208 Find Sadie bought me here in the middle of this rain gear and you got out there 738 00:37:20,000 --> 00:37:21,536 275 tips 739 00:37:22,304 --> 00:37:24,608 Back instead of a hundred 75th 740 00:37:25,376 --> 00:37:29,728 How can anyone be upset with something like that when you're waiting around y'all getting a million trades 741 00:37:29,984 --> 00:37:30,496 Okay 742 00:37:30,752 --> 00:37:34,848 If not a lot of this is the daily chart so you're getting about one per week 743 00:37:35,616 --> 00:37:37,408 Really good high odds opportunities 744 00:37:37,920 --> 00:37:40,480 So when you see moves like this okay you can see 745 00:37:40,736 --> 00:37:44,576 There's a willingness to recapitalize these levels based on 746 00:37:44,832 --> 00:37:46,624 If active Market goes to a discount 747 00:37:47,904 --> 00:37:52,256 We have the same print price swing back here you always use the same ranges that were 748 00:37:52,512 --> 00:37:53,536 Currently in 749 00:37:54,048 --> 00:37:55,840 This range is still in effect 750 00:37:56,096 --> 00:37:57,888 Pelicans back down into 751 00:37:58,144 --> 00:38:01,472 Set alarm for Jason level which is still a deep discount Market 752 00:38:01,984 --> 00:38:04,544 And also it blows out an old well 753 00:38:04,800 --> 00:38:07,872 There may be some stuff down here to the market takes out 754 00:38:08,128 --> 00:38:09,664 Nothing is going to go higher 755 00:38:09,920 --> 00:38:10,688 Gentling 756 00:38:12,736 --> 00:38:14,784 Now thank at the Market's going to go higher 757 00:38:15,296 --> 00:38:18,368 And it's bullish and it comes down below and Old Willow 758 00:38:19,392 --> 00:38:21,440 That's definitely going to be a stop-loss run 759 00:38:21,696 --> 00:38:24,512 That was the first thing I taught in 2010 760 00:38:24,768 --> 00:38:26,560 To look for Dyna Christ moose 761 00:38:26,816 --> 00:38:28,864 If you understand what a bullish Market is 762 00:38:29,120 --> 00:38:29,632 Okay 763 00:38:29,888 --> 00:38:31,936 You want to Define every time 764 00:38:32,192 --> 00:38:38,336 The market creates a low and then violates that low if it does that generally that means to market makers or 765 00:38:38,848 --> 00:38:41,920 Institutional banking algo will go down below the Lowe's 766 00:38:42,176 --> 00:38:44,992 And gather any orders that will be resting below there's orders 767 00:38:45,248 --> 00:38:46,784 Atwell 768 00:38:47,040 --> 00:38:50,624 This low here it's violated here immediately Rejects and go Tire 769 00:38:51,392 --> 00:38:52,160 Bithlo here 770 00:38:52,672 --> 00:38:55,232 It goes below here rejected me lingo Tire 771 00:38:55,744 --> 00:38:59,328 This low here it goes down below it rejects Amelie goes higher 772 00:38:59,584 --> 00:39:02,400 Then I'll think about what I'm just giving y'all giving you framework to 773 00:39:02,656 --> 00:39:04,960 Map out what equilibrium is 774 00:39:05,216 --> 00:39:06,240 Okay what is that 775 00:39:06,752 --> 00:39:11,360 And then I told you what the benefit of knowing what below equilibrium is its discount 776 00:39:11,872 --> 00:39:18,016 So when you're looking for a mark and you look at a range in the marketplace in the market goes below and old low 777 00:39:18,272 --> 00:39:20,320 That gives you contacts to look for what 778 00:39:20,576 --> 00:39:22,112 Stop raids below the Lowe's 779 00:39:22,368 --> 00:39:25,952 And it should be a reaction going higher if the Market's bullish 780 00:39:26,464 --> 00:39:32,096 If the Market's underlying tone is bullish and we're going to frame all that stuff but for now I want you to study go in your chart 781 00:39:32,352 --> 00:39:35,424 And you'll see a plethora of these things occurring all the time 782 00:39:36,192 --> 00:39:40,032 And it gives you the building blocks of knowing what tank setups forum 783 00:39:40,288 --> 00:39:44,384 How the market should react and you'll start seeing these things before they happen 784 00:39:44,640 --> 00:39:46,688 You want to study them in the past first 785 00:39:46,944 --> 00:39:48,992 But then start looking for them to anticipate 786 00:39:49,504 --> 00:39:51,808 Future movies based on what I'm teaching here 787 00:39:53,344 --> 00:39:58,464 So it gets in submarine we understand that you cool erbium is the Midway point of a range 788 00:39:58,720 --> 00:40:00,256 We need an impulsive price leg 789 00:40:02,048 --> 00:40:03,072 Once we identify that 790 00:40:03,328 --> 00:40:05,888 An individual impulse price swing 791 00:40:06,400 --> 00:40:11,008 We've run our Fibonacci from the low up to the high and then we wait for four candles 792 00:40:11,520 --> 00:40:17,664 Monsters for Scandal is lower than the highest one we start waiting for price to come down into equilibrium when it does that 793 00:40:18,688 --> 00:40:22,016 We can go in and hunt for buying opportunities on the lower time frames 794 00:40:22,528 --> 00:40:27,904 We blend in institutional order flow ideas like the order blocks mitigation blocks Breakers 795 00:40:28,160 --> 00:40:28,928 Turtle suits 796 00:40:29,440 --> 00:40:29,952 Okay 797 00:40:30,208 --> 00:40:31,488 And optimal trade entries 798 00:40:31,744 --> 00:40:36,096 All those things either one of them any one of them can be applied for buying scenario 799 00:40:37,376 --> 00:40:41,984 If you ever see the conditions that's bullish and aloe is swept out 800 00:40:42,496 --> 00:40:44,800 That's when you anticipate a turtle soup 801 00:40:45,056 --> 00:40:47,360 The question I get all the time isn't how do I know 802 00:40:47,616 --> 00:40:50,688 If the market going to keep going lower or if it's going to just 803 00:40:50,944 --> 00:40:52,736 Go blow mold low and then rally up 804 00:40:52,992 --> 00:40:57,088 This is the beginning basis point of knowing when that occurs and when not 805 00:40:57,344 --> 00:40:57,856 Expected 806 00:40:58,112 --> 00:40:59,392 To turn around 807 00:41:00,928 --> 00:41:01,440 So 808 00:41:01,952 --> 00:41:05,280 Grab the market reacting off of this it Rally's up 809 00:41:05,536 --> 00:41:07,072 A great in here 810 00:41:07,328 --> 00:41:08,608 It took out a Ojai 811 00:41:10,656 --> 00:41:11,680 We can go over here 812 00:41:11,936 --> 00:41:13,472 Traffic naughty on that well 813 00:41:16,032 --> 00:41:17,056 Up to this high 814 00:41:18,848 --> 00:41:24,992 Bread Countdown the equilibrium we start hunting for buying opportunities right here in a lower time frame I don't know if there's anything there yet 815 00:41:25,248 --> 00:41:27,296 You have to go in looking in your charger cell 816 00:41:27,552 --> 00:41:30,880 But we go down into 62% Racing level which is now discount 817 00:41:31,648 --> 00:41:32,160 Okay 818 00:41:32,416 --> 00:41:32,928 So 819 00:41:33,696 --> 00:41:35,744 When we identify equilibrium 820 00:41:36,000 --> 00:41:37,536 That's the 50% level 821 00:41:38,048 --> 00:41:41,632 When price goes below 50% it's at a discount 822 00:41:42,144 --> 00:41:44,448 When is the highest Powerball 823 00:41:45,216 --> 00:41:47,008 Degree of foolishness 824 00:41:47,264 --> 00:41:48,544 At a discount price 825 00:41:49,056 --> 00:41:50,592 That's when you have this 826 00:41:55,711 --> 00:41:58,015 The 62271 centration level 827 00:41:59,295 --> 00:42:00,575 In that area right there 828 00:42:00,831 --> 00:42:03,647 That's the Deep Discount that we look for 829 00:42:03,903 --> 00:42:04,671 Inboard 830 00:42:04,927 --> 00:42:08,767 Conditions and why Fibonacci 62.74 levels work 831 00:42:09,791 --> 00:42:12,863 Any other time tonight she's going to fail you all the time 832 00:42:13,119 --> 00:42:18,239 It's the foundation's behind price action that caused these indicators to work 833 00:42:18,495 --> 00:42:19,519 Sometimes 834 00:42:20,031 --> 00:42:24,639 Even overbought oversold indicators will work if you apply these ideas to them 835 00:42:25,151 --> 00:42:27,199 Bullish Divergence 836 00:42:27,455 --> 00:42:33,599 Trend-following hidden Divergence okay or take to train following which is really what it is developed and 837 00:42:33,855 --> 00:42:36,159 Discover by Nick Van nice and not George Lane by the way 838 00:42:36,671 --> 00:42:37,183 The 839 00:42:38,207 --> 00:42:40,511 The ideas have to come by way of 840 00:42:40,767 --> 00:42:41,791 Sound 841 00:42:42,815 --> 00:42:43,583 Price action 842 00:42:43,839 --> 00:42:45,887 Understanding if it's not there 843 00:42:46,143 --> 00:42:48,703 Based on what the foundations of 844 00:42:48,959 --> 00:42:53,567 Price action are implying and it's not going to work it doesn't matter what in slap on your chart 845 00:42:53,823 --> 00:42:56,639 You need to have the underpinnings of the market 846 00:42:56,895 --> 00:42:57,407 Being 847 00:42:57,663 --> 00:42:59,199 Dictated by Price action 848 00:42:59,455 --> 00:43:02,783 Not by math math he's arrived or crunching of path price 849 00:43:03,039 --> 00:43:07,903 To give you some prognostication it doesn't work like that the market will not respond to an indicator 850 00:43:08,415 --> 00:43:11,487 Manicures only reflecting a mathematical historical 851 00:43:12,255 --> 00:43:13,023 Reference 852 00:43:13,279 --> 00:43:15,071 Something that price is already done 853 00:43:15,583 --> 00:43:18,143 It has no basis on what the Market's going to do going forward 854 00:43:18,399 --> 00:43:24,543 That when we look at markets we had the number one Define what these price ranges are that means I don't want if we're boy 855 00:43:25,311 --> 00:43:27,615 Already waiting around for Michael 856 00:43:27,871 --> 00:43:31,199 Waiting for a placement I'm missing all that 857 00:43:31,967 --> 00:43:32,991 Ms patients 858 00:43:33,503 --> 00:43:36,831 Traders that make money professionally or managed funds 859 00:43:37,087 --> 00:43:41,951 I'm not chasing everything goes on the marketplace they know exactly what they're looking for 860 00:43:42,207 --> 00:43:44,511 Didn't want you to price run like this 861 00:43:44,767 --> 00:43:46,303 It's is an impulsive Priceline 862 00:43:46,559 --> 00:43:49,887 Can you wait what you waiting for four candles up here 863 00:43:50,143 --> 00:43:53,215 The fourth one, then you shouldn't we wait for the comeback on the equilibrium 864 00:43:53,727 --> 00:43:56,543 Want to get to equilibrium you can look for a signal 865 00:43:57,055 --> 00:44:01,151 But I'm stressing the difference between equilibrium versus discount is 866 00:44:01,407 --> 00:44:04,735 You wanted to now go below equilibrium into 867 00:44:04,991 --> 00:44:06,783 62% minimum 868 00:44:07,295 --> 00:44:08,831 Down into 869 00:44:09,087 --> 00:44:13,695 When it does that that's when you have the highest probable degree of bullishness 870 00:44:13,951 --> 00:44:15,487 Wild markets in a discount 871 00:44:16,255 --> 00:44:17,791 Then you could see 872 00:44:18,047 --> 00:44:19,839 Explosive price action to the upside 873 00:44:20,607 --> 00:44:22,143 If you're using it daily chart 874 00:44:22,399 --> 00:44:26,239 You'll be able to use this as a day trader as a short-term Trader opposition Trader 875 00:44:26,495 --> 00:44:27,263 Swing Trader 876 00:44:28,287 --> 00:44:31,871 Nothing is been changed in the delivery of what I look for 877 00:44:32,383 --> 00:44:34,687 Relative to pull shorter blocks 878 00:44:35,199 --> 00:44:36,991 Turtle suits all that business 879 00:44:37,247 --> 00:44:38,015 Here's the cool thing 880 00:44:39,295 --> 00:44:43,135 If we understand that were bullish in the discount Zone like we've had here 881 00:44:44,415 --> 00:44:46,463 Define by this Fibonacci level 882 00:44:46,719 --> 00:44:48,255 Down in this area here 883 00:44:48,767 --> 00:44:51,327 We're looking for specific 884 00:44:51,583 --> 00:44:54,143 Things that happen we're not just looking at 885 00:44:54,911 --> 00:44:56,447 What is use the term 886 00:44:56,703 --> 00:44:59,775 Izone but not like Zone like supply and demand Zone 887 00:45:00,031 --> 00:45:00,543 And this 888 00:45:01,055 --> 00:45:06,943 Section or not really defined in the sense that it's supply and demand zones but 889 00:45:07,199 --> 00:45:07,967 It's 890 00:45:08,223 --> 00:45:09,759 A total area of 891 00:45:10,015 --> 00:45:10,783 Valuation 892 00:45:11,295 --> 00:45:13,599 We're between equilibrium and less 893 00:45:13,855 --> 00:45:15,391 Then it's in a discount 894 00:45:16,159 --> 00:45:16,671 So 895 00:45:16,927 --> 00:45:22,303 If you're going to have this as a rain to work with them what inside of the Raintree really specifically looking for 896 00:45:22,815 --> 00:45:23,327 Okay 897 00:45:23,583 --> 00:45:29,727 What you're looking for specific reference points in terms of institutional reflux at means a stop run 898 00:45:29,983 --> 00:45:31,007 Like we defined here 899 00:45:31,519 --> 00:45:32,287 And here 900 00:45:32,799 --> 00:45:33,567 With a market 901 00:45:33,823 --> 00:45:35,615 Lower than previous low in here 902 00:45:36,127 --> 00:45:38,431 And then you anticipate what the market to expand the upside 903 00:45:39,199 --> 00:45:42,271 If we understand that that's the occurrence that should take place 904 00:45:42,783 --> 00:45:45,087 When were down here and we looking for bison area so 905 00:45:45,343 --> 00:45:49,439 If it goes below equilibrium and blows out eighth and take a loss 906 00:45:49,695 --> 00:45:53,279 Just fine the load it just blew out and then expected by signal are 907 00:45:54,047 --> 00:45:57,119 Then it and then you're buying at a really deep discount 908 00:45:57,375 --> 00:45:59,679 Didn't even get an Explosive Melee outside so nao 909 00:45:59,935 --> 00:46:00,959 If we're using 910 00:46:01,215 --> 00:46:03,775 False breaks below previous lows down here 911 00:46:04,031 --> 00:46:05,055 What can you do 912 00:46:05,311 --> 00:46:06,079 Get out 913 00:46:06,847 --> 00:46:10,431 Of a profitable position the same thing you look for a high 914 00:46:11,199 --> 00:46:15,551 If you're buying got here after stopping run you take your profit once this Mark goes above previous High 915 00:46:17,855 --> 00:46:18,367 Over here 916 00:46:19,903 --> 00:46:21,951 Malcolm X allo allo at Rally's 917 00:46:22,207 --> 00:46:22,719 Okay 918 00:46:23,231 --> 00:46:24,255 Rally's up 919 00:46:24,767 --> 00:46:28,351 Sasha retrace we're going to get out at when I get to Belleville High 920 00:46:28,607 --> 00:46:31,167 You know how you take your profits right there Michael 921 00:46:31,679 --> 00:46:32,191 Wait a minute 922 00:46:32,703 --> 00:46:36,287 It didn't go about this one here what if I would have been greedy 923 00:46:38,335 --> 00:46:40,127 He gave it to chances to do it 924 00:46:40,383 --> 00:46:41,663 New high here 925 00:46:42,175 --> 00:46:44,479 Turn back around and then one more time 926 00:46:44,991 --> 00:46:46,783 Get out above an old High 927 00:46:47,551 --> 00:46:49,343 Markets will distribute 928 00:46:49,599 --> 00:46:50,623 Let me say this way 929 00:46:50,879 --> 00:46:52,159 Market makers in 930 00:46:52,927 --> 00:46:56,767 Smart money will distribute long positions above old highs 931 00:46:57,023 --> 00:46:58,815 It doesn't have to be the oldest high 932 00:47:01,631 --> 00:47:03,167 You think about this one you'll need it to 933 00:47:03,423 --> 00:47:08,543 Want to create the high they let the only allow price to retrace to allow stop the build-up above and all time 934 00:47:08,799 --> 00:47:10,335 Data engineer liquidity 935 00:47:11,359 --> 00:47:16,991 So when the engineer liquidity comes in the marketplace in the form of a buy stop protecting offshore position that somebody out there 936 00:47:17,247 --> 00:47:21,343 Full sleeve put in there then that run price above it hitting those by stops 937 00:47:21,599 --> 00:47:27,743 The market and they sell to those by stops there longer than evacuated back here 938 00:47:28,767 --> 00:47:31,071 That's all institutional order flow is 939 00:47:31,839 --> 00:47:35,423 Understanding the storyline between what the highs and the lows are giving you 940 00:47:37,471 --> 00:47:39,263 If you frame the ranges 941 00:47:40,031 --> 00:47:42,591 Based on your understanding of what the market should be bullish bearish 942 00:47:43,359 --> 00:47:44,895 Easy don't worry about that 943 00:47:45,407 --> 00:47:48,735 We'll get to that but for now I'm trying to answer 944 00:47:49,503 --> 00:47:51,295 Institute a 945 00:47:51,807 --> 00:47:54,623 Foundation for looking at price on a hard time frame 946 00:47:54,879 --> 00:47:55,391 And then 947 00:47:55,647 --> 00:47:58,975 Managing your expectations based on what you see on this time frame 948 00:47:59,487 --> 00:48:01,023 And also 949 00:48:01,279 --> 00:48:05,375 Building the beginning basis to your anticipatory skills 950 00:48:06,399 --> 00:48:07,423 Looking for future moves 951 00:48:08,959 --> 00:48:09,983 Where am I Michael 952 00:48:10,751 --> 00:48:13,567 SSS you just form-fitted this one 953 00:48:14,079 --> 00:48:16,639 This is probably just going working on this chart here 954 00:48:17,407 --> 00:48:19,199 What happens if you go into 955 00:48:20,991 --> 00:48:22,783 Do you go into a hourly chart 956 00:48:23,295 --> 00:48:24,831 Suddenly It's all gonna be different right 957 00:48:26,111 --> 00:48:26,879 Show me different 958 00:48:27,647 --> 00:48:29,183 Doggy different well 959 00:48:32,255 --> 00:48:33,535 Do you have a price like here 960 00:48:33,791 --> 00:48:35,327 Impulsive price swing 961 00:48:37,631 --> 00:48:38,655 You met that out 962 00:48:39,167 --> 00:48:39,679 Okay 963 00:48:41,727 --> 00:48:45,311 Shanghai for candle doesn't get back down to equilibrium no problem 964 00:48:45,567 --> 00:48:49,151 We wait for it to do it doesn't do it makes another leg higher 965 00:48:49,407 --> 00:48:52,223 What happened we missed it don't worry about it don't chase it 966 00:48:52,735 --> 00:48:54,271 You know exactly what you're waiting for 967 00:48:54,783 --> 00:48:56,319 Price makes a new higher high 968 00:48:56,575 --> 00:48:57,599 So have the low 969 00:48:58,623 --> 00:49:02,463 We waiting for a price cut down the equilibrium okay great but what happens when it gets below that 970 00:49:02,719 --> 00:49:08,351 We're wearing discount Market we have to go into what 62% retracement level minimum right here it does 971 00:49:08,863 --> 00:49:11,423 But stay there long long 972 00:49:11,679 --> 00:49:13,215 What happens price moves away from it 973 00:49:16,031 --> 00:49:18,847 Come back down into equilibrium again and expands again 974 00:49:19,871 --> 00:49:21,151 It consolidates a little bit 975 00:49:21,407 --> 00:49:23,199 Makes a short-term High 976 00:49:23,455 --> 00:49:27,039 Where do you take your profits at Michael above old-time short-term High 977 00:49:28,063 --> 00:49:29,087 Bullet rise above it 978 00:49:29,343 --> 00:49:32,671 Not that high and even comes back and clear this one out to just by a little bit 979 00:49:33,183 --> 00:49:37,279 They rejected all the way back down to equilibrium again spend time 980 00:49:37,791 --> 00:49:40,095 What's there no go back to 981 00:49:40,607 --> 00:49:41,631 Bottomless bush 982 00:49:41,887 --> 00:49:43,935 Candle which is a bear's waterblock 983 00:49:44,191 --> 00:49:45,727 Fill the right to the right to the PIP 984 00:49:46,495 --> 00:49:48,031 I hate this pair 985 00:49:48,543 --> 00:49:51,615 I literally hate this pair 986 00:49:51,871 --> 00:49:52,639 With a passion 987 00:49:52,895 --> 00:49:55,711 Cuz it's this is sneaky bear like a Japanese Chin 988 00:49:56,223 --> 00:50:00,319 And you Swiss folks in in Japanese folks please don't take offense to that 989 00:50:00,575 --> 00:50:03,391 I don't like a currency spelled that way 990 00:50:07,743 --> 00:50:11,071 In high on this Game of Thrones in at exactly 9768 991 00:50:11,327 --> 00:50:17,471 The prophets right there at that high exit before you get to that memory we always want to get out before we get to the actual 992 00:50:17,727 --> 00:50:18,239 Rice Lake 993 00:50:18,495 --> 00:50:20,031 We have another higher high 994 00:50:21,311 --> 00:50:21,823 We're here 995 00:50:23,103 --> 00:50:26,687 So what are we supposed to get down to equilibrium and less that doesn't hear 996 00:50:26,943 --> 00:50:29,759 Against 997 00:50:30,015 --> 00:50:36,159 We traced back to equilibrium again and then what are we expecting 998 00:50:36,415 --> 00:50:38,207 Equilibrium what did I teach you 999 00:50:38,463 --> 00:50:39,231 The Aldo 1000 00:50:39,487 --> 00:50:42,815 It goes from consolidation which is always going to be at equilibrium 1001 00:50:43,327 --> 00:50:44,351 Thu expansion 1002 00:50:44,607 --> 00:50:45,887 What's the expanding to 1003 00:50:46,399 --> 00:50:52,543 Right here before it takes off going vertical where is the liquidity at its above 1004 00:50:52,799 --> 00:50:55,871 This high in above this I hear what is it by stops 1005 00:50:56,383 --> 00:50:57,919 Somebody want to protect a short position 1006 00:50:58,175 --> 00:51:00,479 They're going to buy down here as smart money 1007 00:51:00,735 --> 00:51:03,807 They're going to sell it to who somebody that wants to buy a higher price 1008 00:51:04,319 --> 00:51:06,367 Dubai stop and the bus stops here 1009 00:51:06,879 --> 00:51:08,415 Look what happened it goes a little bit 1010 00:51:08,671 --> 00:51:13,023 Followers basement and then expand aggressively what's it doing for the stops right here 1011 00:51:13,535 --> 00:51:14,559 And then right here 1012 00:51:15,071 --> 00:51:17,375 Love look what happened 1013 00:51:18,399 --> 00:51:20,447 This movement here what did I teach you 1014 00:51:21,983 --> 00:51:22,751 I teach 1015 00:51:23,519 --> 00:51:26,335 Did Marcus move in intraday price action 1016 00:51:27,615 --> 00:51:28,383 Grades of 1017 00:51:29,151 --> 00:51:29,663 10 1018 00:51:30,687 --> 00:51:31,455 10 1019 00:51:32,991 --> 00:51:33,759 10 + 1020 00:51:34,015 --> 00:51:37,087 20 pit ranges above high that's how far they'll reach. 1021 00:51:38,879 --> 00:51:39,647 Are you go 1022 00:51:39,903 --> 00:51:43,487 Stop throwing on equal Heisman on your charts 1023 00:51:43,999 --> 00:51:47,071 Mark out areas where there's equalize there to clean 1024 00:51:47,583 --> 00:51:48,863 Demarcus going to want to run there 1025 00:51:49,631 --> 00:51:52,191 Do anything below 50% is discount 1026 00:51:53,471 --> 00:51:56,799 But it can go back to equilibrium and consolidate and then expand 1027 00:51:57,311 --> 00:51:58,591 Don Blanding 1028 00:51:58,847 --> 00:52:00,127 Two components 1029 00:52:00,383 --> 00:52:02,431 Giving introduction to the 1030 00:52:02,943 --> 00:52:07,807 The interbank algo where you'll know what the what the price engines were going to do 1031 00:52:08,063 --> 00:52:09,087 Before they do it 1032 00:52:09,343 --> 00:52:12,415 Offer the price higher when it's time to do so 1033 00:52:12,671 --> 00:52:15,743 But they going to have to capitalize discounted markets 1034 00:52:16,255 --> 00:52:21,375 Before it goes higher it won't just go straight up for no reason it doesn't doesn't operate like that 1035 00:52:21,631 --> 00:52:24,191 Marta has come back down to a discount and 1036 00:52:24,447 --> 00:52:25,471 Equilibrium 1037 00:52:25,983 --> 00:52:29,311 Then you get explosive moves that may come back to equilibrium 1038 00:52:29,823 --> 00:52:32,127 Consolidate and wait for an expansion 1039 00:52:32,383 --> 00:52:35,199 Then expansion comes and you look for the Mercury about the marketplace 1040 00:52:36,223 --> 00:52:38,015 The difference between equilibrium is 1041 00:52:38,527 --> 00:52:41,087 Yes it's fair market value at equilibrium 1042 00:52:42,111 --> 00:52:44,671 We as Traders we want to trade at discounts 1043 00:52:44,927 --> 00:52:46,719 We have to get below equilibrium 1044 00:52:46,975 --> 00:52:51,071 When it gets in at 62% raise my level or down in his 70.5 1045 00:52:51,327 --> 00:52:52,863 Or even send accent racing levels 1046 00:52:53,375 --> 00:52:58,751 You really need to be considering being interested in being long on those markets when you underline bullishness is there 1047 00:52:59,519 --> 00:53:00,799 Waiting for expansion 1048 00:53:01,567 --> 00:53:03,359 Blending in all the tools that you learn 1049 00:53:06,431 --> 00:53:12,575 We're below equilibrium Here solo it comes all the way down hits those three what would you expect if you didn't see the Fibonacci 1050 00:53:13,087 --> 00:53:13,599 Who'd you expect 1051 00:53:14,623 --> 00:53:15,647 It is a turtle soup 1052 00:53:16,415 --> 00:53:17,439 It's around stops 1053 00:53:17,695 --> 00:53:18,719 It quickly Rejects 1054 00:53:18,975 --> 00:53:23,071 Comes back down what is it going to go lower Michael it shouldn't why because it stops out 1055 00:53:23,839 --> 00:53:25,119 It's only retracing a little bit 1056 00:53:25,375 --> 00:53:26,911 If you took another Fibonacci 1057 00:53:28,703 --> 00:53:30,495 And you put it on this rain because we're looking at it 1058 00:53:31,007 --> 00:53:34,335 Here this should be a smaller price leg in a lower time frame 1059 00:53:34,847 --> 00:53:38,175 Again below equilibrium 1060 00:53:39,199 --> 00:53:43,807 AutoTrader entry in does it spend our time down here know it rallies up hits it to Junction 1061 00:53:44,063 --> 00:53:47,391 62% retracement level again and it expands boom takes off 1062 00:53:48,927 --> 00:53:51,231 There's no magic in Fibonacci 1063 00:53:52,255 --> 00:53:55,327 The only thing that helps you do is visually see 1064 00:53:55,583 --> 00:53:57,375 What equilibrium is in price 1065 00:53:57,887 --> 00:53:58,655 And then 1066 00:53:59,423 --> 00:54:03,007 Below equilibrium where is a good price to enter at a discount 1067 00:54:03,519 --> 00:54:04,543 And here's the benefit 1068 00:54:05,055 --> 00:54:06,335 If it goes lower than 1069 00:54:06,591 --> 00:54:09,407 Optimal pay entry between 62 and 7 a.m. to Jason labels 1070 00:54:09,663 --> 00:54:10,431 Aniline 1071 00:54:10,687 --> 00:54:11,711 Witnesses bear 1072 00:54:11,967 --> 00:54:13,247 Wait for the Turtle suit Buy 1073 00:54:14,783 --> 00:54:16,575 It's that easy it's that 1074 00:54:16,831 --> 00:54:17,343 Easy 1075 00:54:17,855 --> 00:54:18,623 And I you don't believe me 1076 00:54:19,135 --> 00:54:23,487 I know you're looking at the beautiful part about this and that's why I want you to go into your charts and look for it 1077 00:54:23,999 --> 00:54:25,535 If we have a bullish Market 1078 00:54:26,559 --> 00:54:31,167 Okay and we know that markets are retracing you won't need to see the Fibonacci 1079 00:54:31,423 --> 00:54:32,447 You can just eyeball it 1080 00:54:32,959 --> 00:54:33,983 Between this low 1081 00:54:34,239 --> 00:54:35,007 In this high 1082 00:54:35,263 --> 00:54:36,799 Midway points about right here 1083 00:54:37,311 --> 00:54:38,847 This Market move below that 1084 00:54:39,103 --> 00:54:42,175 Is below equilibrium it's a discount and guess what 1085 00:54:42,431 --> 00:54:45,759 It's clear that stuff over here what's it going to do rally 1086 00:54:46,271 --> 00:54:47,295 Orallys up 1087 00:54:48,575 --> 00:54:49,855 Equal Lowe's in here 1088 00:54:50,111 --> 00:54:54,975 To clean Market drops down what's it doing coming down the equilibrium Fibonacci levels 1089 00:54:55,487 --> 00:54:56,511 Dantri 1090 00:54:57,023 --> 00:54:58,559 You can do it 1091 00:54:58,815 --> 00:55:00,351 From this Boulder this high 1092 00:55:00,607 --> 00:55:04,703 Explodes why does it clear that the equal loads down here 1093 00:55:04,959 --> 00:55:06,239 Boom explodes out the outside 1094 00:55:07,007 --> 00:55:09,055 What about this lower here Michael 1095 00:55:10,079 --> 00:55:13,151 Sure come down cleans it out what should happen it should expand 1096 00:55:13,407 --> 00:55:15,199 It's bullish where the discount Market 1097 00:55:15,967 --> 00:55:19,807 Only coming down to take the stops below the marketplace out these are cell. 1098 00:55:20,063 --> 00:55:26,207 Why would the market makers take the market down to take out sawstop because it injects people that want to sell to them that want to buy 1099 00:55:26,975 --> 00:55:31,583 Beget counterparties to thereby orders by having the cell stop strip below that low 1100 00:55:32,095 --> 00:55:33,119 Boom explodes 1101 00:55:35,167 --> 00:55:36,191 Tesla right here 1102 00:55:37,215 --> 00:55:39,775 Briley right here not by much it doesn't need to be much 1103 00:55:40,031 --> 00:55:42,335 Want to hit that level 1104 00:55:42,591 --> 00:55:43,871 Thang it supposed to be outside 1105 00:55:44,639 --> 00:55:46,943 What doesn't make a new hi Michael it doesn't have to 1106 00:55:47,199 --> 00:55:48,991 Roblox 1107 00:55:50,527 --> 00:55:51,807 You don't need to have 1108 00:55:52,063 --> 00:55:58,207 Everything out there to come in alignment the Stars don't have to align to give you a profitable trade you just need a couple things that 1109 00:55:58,463 --> 00:55:58,975 Make sense 1110 00:55:59,487 --> 00:56:00,511 They have to start with 1111 00:56:01,023 --> 00:56:03,327 Equilibrium to discount for buys 1112 00:56:03,583 --> 00:56:06,143 I have to happen if you don't get that 1113 00:56:06,655 --> 00:56:09,471 You're not going to have these explosive by signals 1114 00:56:09,727 --> 00:56:15,871 It's going to fall in your lap he's not just knowing give me a bicycle Michael tell me when I get in and get out of this. This is why I told you you have to 1115 00:56:16,127 --> 00:56:17,151 Understand things 1116 00:56:17,407 --> 00:56:18,175 Before 1117 00:56:18,431 --> 00:56:19,711 Just looking for bullet or blocks 1118 00:56:20,223 --> 00:56:25,855 Before Turtle suit long before optimal train entry long before Stu pastuch Divergence bullishly 1119 00:56:26,623 --> 00:56:29,183 None of those things work outside of understanding the 1120 00:56:29,439 --> 00:56:35,583 Central tenet to what a market is in equilibrium or below at discount that's a favorable buying 1121 00:56:35,839 --> 00:56:36,351 Market 1122 00:56:36,863 --> 00:56:37,887 Anything apart from that 1123 00:56:38,399 --> 00:56:40,191 You stay away from it you wait 1124 00:56:40,447 --> 00:56:40,959 4 1125 00:56:41,215 --> 00:56:42,495 Look inside the market 1126 00:56:43,007 --> 00:56:44,287 Which it will talk about next week 1127 00:56:44,543 --> 00:56:46,335 Equilibrium versus 86079

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