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Good morning folks.
How are you?
Did you all receive the chart regarding the K uh, cable?
The fiber.
Okay.
okay.
good morning.
Good morning.
How are you?
It is being recorded.
The recordings are already start.
All right.
So what we have in play for today is, um, very classic, uh,
run up before non-farm payroll.
And there's a really nice liquidity pool.
That's still exposed in the marketplace right here.
Uh, yesterday we saw the Euro dollar run it's, um, same area, same time that
this created these equal lows, the Euro
Saying by stop, uh, liquidity pool.
Uh, we were able to run those out
we're here
and we're looking for a continuation on the off side for your dollar and cable.
Um, it may be a little bit of a carnival ride today.
We may see both directions nailed, uh, but we're primarily looking for this
run on the dollar running down below that last let's draw a line on it.
And again, do not trade on any of this today.
No, don't do it because I don't do it.
I'm telling you don't do it.
But the stops below these lows in here, they will run them.
And it'll be interesting if we go down there.
Well, we snap below that equal, low area and always trade below
this level and then run right back up and closing this range here.
Or will we break down further and go down to around here around the 94,
80 to 94, 90 level for the dollar.
And if we see that a cable and a Euro will have a lot of room
to have to go on the upside
cable, um, does have that exposed range in here.
Um, I don't want to chase the idea that
this range.
And here won't be attacked as well today.
I mean, cause basically we cleared out these equal highs
with this runoff and price.
Yeah.
So it'll be interesting to see if we just poke our head above
that level here on cable and then come down.
If we do get the scenario we were looking for, or I was outlining here,
what if we take out these, um, stops and then run back up to try to close
in this range in here, which you know, I'd rather it not do that personally.
I'd rather it come down here and closing some of this.
This one
so 95, 29, 5 25, downside $1.
I liked the fact that we came up right off of new York's midnight
candle, Judah swing up and it's been building in a little bit of a premium.
And then I think we're just going to roll down at the release in
about 10 minutes and four Euro.
Yeah.
Yeah.
You saw the same thing just in reverse, equal highs left in place.
Marcus dropped down into Judas now for a demo trade.
Okay.
Demo only we could watch this level here, this down candle in
here, and it's high as 1, 11 85.
So we can watch the sensitivity on that for a potential pop
gunning for the liquidity above
these equal highs in here.
So there's liquidity resting right above that.
Now it works there.
Okay.
And let's go back out to a little bit hard timeframe.
So we have a little bit of a range in here that we can
close in, uh, that open or not.
I'm sorry.
The low on that is 1 12 84.
So we can see about a hundred pips if we get volatility, um,
with the dollar going lower.
So we could see a potential range of a hundred pips on Euro dollar.
Um, not
let me see here.
Hmm.
1 12 60.
What is this?
Yeah, 1 12 62, 1 12 80 could go as high as 1, 12 85, 87.
Um, but we're looking for a range of about 65 to a hundred pips, a
potential on Euro dollar cable.
I'm not too concerned about it's.
I don't like this exposed boy in here.
And the fact that we have Euro pound still in its, uh, close proximity to its bullish
or blocking here it's could get eroded.
With non-farm payroll.
I could care less about that.
Um, I'm more focused on the Euro dollar.
Um, I saw a tweet or not it's who you saw on the forum.
Uh, this was a repeat or a mistake.
It's not a mistake.
It's I'm saying the same thing just in two different ways.
In other words, if the Euro pound can go up or it's poised to go up, that means
that the Euro, which this is a mistake.
I don't have an Elanor.
Now my OCD is Florence.
The a for Euro pound, the rally.
Um, the first condition that's listed here is that Euro is in control and
consolidation is not going up or down sustaining a sideways range while cable
drops that will allow Euro pound to rally, or Europan being bullish can
occur with the Euro rallying up and the British pound going consolidated sideways.
Both of these two scenarios can cause a Euro pound.
Either one of these.
So that's why it's important to understand the relationships between the two payers
and the correlation, because one of these events can meet a catalyst for
this particular pair that go up and you would just reverse this to get the
scenarios when the Euro pound is bearish.
So again, our focus is primarily on, um, the dollar likely to run down,
hit this level 95, 29, 5 25.
And more specifically, we're going to be looking for a rundown below 95 50.
So we want to see a sweet down below that it's definitely going to happen.
There's no way they're going to leave this in play with a non-farm payroll event.
Even if this thing goes up and goes vertical straight, you
the closing all the range here,
but our Euro dollar.
Is one more watching
okay.
Just for demo purposes only.
Okay.
I'm going to be looking for a move down into this candle here.
Again, do not trade this with your live account.
We're just doing it as an exercise.
Okay.
What we're doing is this we're going to be, if it can get down to this level
here, as soon as it hits this, this, this candle, if it can, I'm going to hit buy.
Okay.
And wait for a run up to a one 12, uh, 50, the 1, 12 60, if they can run that far.
And even if it even gives me an opportunity to get in it.
Um, and then I'll, uh, look to take profit there, uh, demo trade
profit only, and the stop will have to be, um, 35 pips on this one.
Yeah.
I'll have to explain that.
And when we get into it, if we can get there, get the order
uh, the recordings are going to be, well, all the recording links have been tweeted
to this, go through all my tweets on it.
Mentorship.
Every, every sessions that's been done this week has been LinkedIn
shared through the Twitter feed.
He's got to go through the Twitter, this find right now, cause I'm still
working on the organization of where I'm going to be placing it in that form.
Or if I'm even going to be using that form.
yes.
All of the sessions are being recorded.
Peter.
I didn't send the question and answer portion, cause that's like the longest
thing on the recording yesterday.
And I wanted to get the analysis side up first.
And now that I had that way, I'm just going to send the rough copy of the
last portion of yesterday's sessions.
The third one, where you'll actually see all the two latter part, latter parts of
the analysis, and then all the questions.
Okay.
uh, I don't see that far down one 11, Robert, we're going to
contend with this range in here.
All right.
So watch this older block right in here.
Now you're going to see the reasons why I don't like non-farm payroll because in
non-farm payroll, while this would be a really nice area to be buying normally,
um, they can jump right through that.
And then often we still go where you want it to go.
So that's why it's important that we do not take live account
trades on this information today.
I'm stressing it on non-farm payroll Fridays more than I do at any other time,
because it's very easily to get hurt.
Nope.
Didn't give it to us at all.
It's immediately ran for the stops above here.
pound.
Nope.
Nothing dollar swept.
It's stops already down here.
Here we go.
there's the heirs to assign.
You may happen.
They'll gun through the order block and still go where you want it to go again.
We're looking for that one 12, uh, 61, 12 51, 12 BD as an option.
um, I would say both levels.
We called for downside objective for a dollar.
Uh, well essentially it did hit it because we gave 95, 25 to my five 20
So far 1, 12 52 is a high on this candle.
So we got, we got our 1 12 50 pound just poke its head above the
high, like we were talking about.
So I wasn't terribly excited about this one
and back to the consolidation or middle range now
you'll learn by studying non-farm payroll, that the initial entries like
where you, like, we were describing the bullishness for Euro this
morning and potentially looking for a long in here, um, actually started
jumping before the numbers release.
So it didn't give you an opportunity to do anything that.
The order block for entry purposes.
When you see non-farm payroll conditions like this, um, well, any
on from payroll, really, the entries are always going to be sloppy.
In other words, you'll see a reason to want to be a buyer.
If you were forced to take a trade by impulsive or emotional, um, commitment
to, uh, being in the marketplace on non-farm payroll Fridays, which isn't
what you're not supposed to be doing.
You don't want to do that.
Don't submit to those there's emotional draws or greed thinking.
You're going to make a lot of mine real quick.
Um, they're exciting to watch and they're neat to, and to study
and see if the things that we look for still come to fruition.
But you're going to see that many times that the order blocks that you're
expecting to give a bearish or bullish bias, they'll gone right through
them, the blow right through them.
And the idea that you had will still unfold.
That's why I tell her if I don't trade it.
What's amazing is, is that.
The other side of the release.
In other words, once the numbers have been released in the
volatility is already in play.
The order blocks become very efficient, then you'll see them, uh, there'll be
reached into, um, and they'll many times they'll cap price, exactly how we would
expect them to, but the entry because they know everybody is trying to get in.
Okay.
Um, it'll be a large sweep book above a high, if it's bearish or it'd be a large
sweet below if it's Bush and not that this is a lot of range, but it did take
out the order block in here, which would in normal conditions negate the buy.
So you're, you're seeing a lot of volatility in such a small
little time frame, and that's why it's not a high probability day.
You just don't want to be trading this day.
So let's look at, uh, pound dollar on a 15 minute timer.
It's still my goal a little bit hard could go to 33 45 to 33 60.
Good morning, Peter.
Yeah, I'm going to be doing, uh, the end of week reviews on Friday evening
that I can keep my weekends as open as I possibly can with my family.
So that way we'll know what we're expecting to see on Monday morning.
Um, I'm not going to be doing anything on Sundays.
I'm not gonna be doing anything on, uh, London on Monday.
Okay.
Any Wix relative to non-farm payroll will be it.
There we go.
We're almost going to hit our objectives.
The, uh, the wicks that are created for non-farm payroll.
Um, they have to be considered as, uh, a stop run and many times, especially
if they go up there and come all the way back down real close to the
pre-release at eight 30 New York time,
we'll get we'll dive into all that Robert, um,
Uh, when it's okay.
Question is by Peter says one price gyrates around like this
is it really pairing orders.
Parent orders is not happening after a range has been penetrate right now.
It's just looking for another area of liquidity you build up.
And there's a lot of traders that sit on the sidelines and then they'll trade
after the first 15 or 10 minutes goes by, and then they'll go and they'll
either try to sell a rally like this, and they'll start to back it off a little bit.
Okay.
And give them a reason to feel like it's safe and they'll put their stop
loss in which are going to be a buy stop above the high it's already formed.
And then it'll gun it through.
And then they'll use those orders to pair so that they, to, to pair
orders, they have to engineer a sentiment, you know, and there's
a lot, there's a lot of traders.
Uh, and please take this with the utmost respect because this is
the only person in Forex I do have respect for, but Chris, Laurie.
Doesn't believe in sentiment.
And I watched him on time.
Talk about, you know, if sentiment is in the marketplace, you know, you
have to convince me that, you know, what's the sentiment here and what's
the sentiments always shifting your, your, the market maker will influence
market sentiment on a short-term basis, especially during intraday.
So traders have already seen this wicking here.
They're going to be wanting to sell it.
And by doing this backing off here, okay.
It's kind of like laying a bait for people that will want to chase
price saying, okay, I want to sell it, but I want to know that it's
going to go down a little while.
And once it starts to go down, everybody's going to put their stop loss rate
above this high, which is just rate below where we're looking for for a
daily bare shoulder block, and then they'll gun it through and punish them.
That's why it's really important that, you know, That this day is not worth
trading, it's not, but in immensely, interesting to trade with a demo account
or to study it because you can really pick apart non-farm payroll on a psychological
view and get to the heart of really what the dealers and what the algos do.
It's such a, to me, it's a fascinating thing that I watch every non-farm payroll.
If my wife permits it, if my wife has something we're going
to be doing, obviously I can't.
But, uh, generally I try to sit in front of this, uh, the charts and
I'll watch nine payroll all the time.
Cause usually it's, it sets the tone for the first two weeks
and sometimes the entire month.
And it kind of acts like a Judas swing.
And we'll talk more about that.
Um, tonight and the weekly recap.
What am I saying here, we have a
group of traders that want to be short right now.
And they're going to, they're going to have a stop resting
just above that 1, 12 53.
Okay.
So th the alga has backed off 20, 25 pips giving them a reason to
trust their analysis, trust their, their system or whatever it is.
And then, uh, one more time, they'll gun it up there and clean them out.
Even if it goes lower.
That's, that's the danger of trading enough on payroll, because it'll
give you all the indications that the highs and lows form, and they'll
come right back up and take it out or down there and take it out.
And it can go right back to equilibrium in the middle and just
trade nowhere to rest of the day.
It is very fascinating.
Yeah.
Uh, the following week, Tuesday, the question from blind frog was how long will
it take before I consider it a normal, I guess, normal condition, the trade in,
um, for nonprofit, for non-farm payroll.
I like it.
The following Tuesday only takes a day or two that, you know, the shake
out the dust, unless it's a massive, you know, unexpected the number,
which is really never unexpected.
Somebody knows what there's numbers out before the release.
Is there a way to read the forecast for the news, meaning taking an educated
trade in the direction of the news?
Uh, David, uh, If it can be done.
And I don't have an opinion that supports that idea.
I think when it's right, you're just lucky.
Uh, because again, like I mentioned in many, many other times, I believe
that the fundamentals, unless you're at an institutional level and you're
involved with it on a day-to-day basis, you aren't going to be plugged into
what the real fundamental or the, the news are going to be giving us.
And plus the news is actually late.
If it's being released at these specific scheduled times, that it means that
information's already been compiled.
It's been used already.
It's already in the marketplace.
The market's already priced in all these numbers, which is the reason
why I tell everyone that I don't look at the numbers or the data.
I just look at the time when that data is going to be released.
And I know that it's going to be an injection of volatility.
It completely.
Negates the necessity for me to even worry with what the
ramifications are around that report.
I just know there's going to be excitement.
And as a trader, we need movement.
And we understand that the market's going to seek liquidity.
It's going to be reaching above the market place or below the
marketplace for that said liquidity.
And in normal conditions, it's just like non-farm payroll,
but non-farm payroll speeds up.
What would it be like an entire day or two's worth of a price action.
They compress it inside of many times.
This is like a 25, 30 minute span of time.
And that's why it's so erratic because it's doing at the algos
is doing exactly what a normal 24 hour to 36 hour, uh, range would be
over a course of that many hours.
But because of.
The nature of this particular day, it unsettles all kinds of positions and
it upsets the marketplace on a near term and it breaks market sentiment.
That's what it's designed to do.
It's designed to do that.
You think it's ironic that, uh, it's at the beginning of the month?
No, and they do it on a Friday.
So that way it screws everybody's perspective off.
So that way you don't know what you're supposed to be doing, or should
you be aggressively tightening up your stop going into the next week.
And then they do the traditional market runs
make a study of it every single non-farm Friday, go in and study it.
Like we're describing it here.
And you'll see that there is a, there's a, there's a rhythm to it.
There is a way that you can, obviously we were talking about it going higher and
reaching for where it's, uh, reached into.
It's still fall.
Just a couple of pips short from where we were looking for.
But, um, to me it just looks like bait.
Like, you know, they want these traders to feel like they're safe to be short.
Now the worst is passed.
So now it's, it's going to be a sell off.
And I don't trust that on non-farm payroll.
I just don't trust it.
And I've seen them many times lay this trap out where the
short sellers will be in play.
And they'll watch you the rains, like we're looking at here and they'll
feel like it's okay to be short.
And they don't, they don't get to hold that position along.
They getting ran out.
Uh, go ahead and ask them.
Dave,
can I show where I got the level 1180?
Um,
I'm not sure what you're out there.
For the Euro, this one here, where I got that level.
well, that's the, what we were looking for 1 11 80 yesterday as an upside objective.
Hang on guys.
I'm getting stiff leg here, sitting on the legs, crossed the, um, we
were looking for upside objective yesterday for 1 11 80 and 80 levels.
Always influential because the banks are going to populate
orders around that level.
And if we're trading above it here and we looked for it when it was
below the market over here, we trade up to it and we call one 12 big fig.
Okay.
And if we are going to go higher and we're consolidating around the
big figure, like we were here one 12, that's what this is here once.
Well, we consolidate it and we dip down just to go into 80 again.
Okay.
And once this occurs, if we're fundamentally poised to go higher,
based on our hard timeframe, then if our trading at the big figure, many times
it'll drop down 20 pips or so just to find support or recapitalize and old
institutional low ordered level, like the 80 level when it hits that there's usual
sensitivity or anyway, they swept it here.
See how there was already existing support.
They ran through that, but why not?
1 11 80.
That's just a, you want to have the one you want to have zero, zero levels or
the big figure numbers on your charts.
Always.
You want to have the 50 levels.
Okay.
And you want to have 20.
Every single chart that you look at, they don't have to have the lines there.
Initially.
I tell everybody on the pips, the, they have to have those lines on there
because I want you to see the sensitivity of these levels once you understand.
And remember that those levels are what they are, every
time you're studying price.
Like I don't have those levels on the charts all the time.
I charge a pretty clean most of the time, but I'm usually looking over
to the right side and referring to where I am in proximity to those
levels, the eighties, the fifties to twenties and the big figures.
But 1 11 80 is an upside objective that we were looking for for yesterday.
Um, just for institutional order.
And over here, it was inside this void that we talked about
in yesterday's presentation.
So inside this void, we were expecting it to be filled and run these stops.
But because I want to get out early, I'm going to look for the institutional
level before all the actions.
Last bit of the move would be seen.
I want to get out before all that.
So I guarantee myself, well, I shouldn't say guarantee.
I increase my odds of getting a favorable exit by getting out a little bit early.
So I still have a nice, handsome profit.
I'm just not demanding the best exit.
Hang on one second.
Uh, I don't know how to get that information David's asking.
Where can we get those numbers beforehand?
Uh, I don't know.
Uh, it's best to stay away from non-farm payroll and trade after you're
trading after today, it becomes normal.
Usually it takes a Monday to shake out.
The, the wrinkles that is created by the volatility on this particular day.
Okay.
Yeah.
Leo, uh, Leah saying he didn't get this and this wick here, um, I asked that's the
part that your individual broker will do.
See, they have the Liberty of expanding this spread around high impact news, and
that's why you'll get burned with them.
So just be aware that that's, that's all normal, you signed the risk disclosure
and you agreed that they can do that to you by, by opening an account with them.
Yeah.
Some of you are actually saying your, your platform froze right before the release.
I think it's just the brokers doing that.
They do that to mess with you.
Because they know the likelihood of somebody being
right just by luck is there.
And the volatility on this day can sometimes be very quick and put a
lot of pips in there in their hands.
Okay.
Um, Mel, I'm going to keep your question up.
I'll come back to it.
I see.
It's about the dollar yen.
I just want to focus on this one right here, because I jumped around too much.
It'll be too, too complicated for me to keep my focus on
what we're looking at here.
That's a good question, Ron.
Ron's asking how do I know which pair to put more attention on?
Uh, he says he focuses on cable mostly, but how do you.
I know when to focus on the fiber instead.
Um, number one is experience and two, you'll see, um, things that you'll
learn over the course of the next couple of months where you can weigh
out more favorable conditions over one pair versus another looking at cable.
Uh, we pierced the high.
Um, we're going to see if we can hold onto that, or if we're going to find
some support down here, if it comes back now through it, it can still find
support at this candle close at 1 33 0 2.
So 1 33 or 5, 1 33 big figure.
If it loses that watch for the run on this low here.
Okay.
Um, to me, I think the S the trap is set.
They gave a nice, uh, another opening candle here on 15
minute basis and dropping.
All the liquidity is still now stacking up here.
A lot of people want to sell this thing that are retail.
Um, I'm not well rested.
No Brian, but thank you for asking.
Yeah.
Yeah.
I see a lot of folks talking about the form.
I'm still up in the air about what I want to do with it.
No resolution with PayPal.
It's still locked down for the RA a hundred and now I got 79.
uh, bustin, uh, did the 15 minute order block on London, lower high, always hold
up for New York open entry, or sometimes it'll suit there's there's conditions
that I'll teach you regarding, um, marker, parcel, profiling, and seek and destroy.
Both of those conditions will take out the lemon higher, low, and depending upon the
conditions around that, it can either mean it's going to go back to the equilibrium
after it runs that, or it can be a completely reversal and you want to be
positioned to take advantage of that, but that's, it's a pretty big subject matter.
It has to be dealt with.
But when it's not those two conditions, you'll see that the market using
it supports its higher, low formed in London, gone through New York.
Uh, well this is New York midnight in my platform.
The question was, why am I using for, um, because of daylight savings
time, this platform and where I am locally, it just that's where it is.
Okay.
Our lower level objective for dollar was hit.
Okay.
Um, for some of the new traders in here, I'm not asking to
know which of you are new.
Am I say new, new in regards to my material?
Um, when we see these things unfolding, that's what I was trying to tell you
yesterday, that folks that have watched the recording and there were life.
If you have always wondered, if there is a consistency that's available to
those that know what they're doing.
Um, I think in short order, anyone that's been paying any attention to my work
just for the last six months of this year, Robin actually being revealing.
About what I expect to see in the marketplace.
Whereas I never really used to share that information.
I was wanting people to find it on their own.
Um, I think, I think that the concerns you have as a new trader or someone
that has been trading for a while, but it has never seen consistency or a
measure of knowing what to interpret.
That's that's Bella, again, I'm looking for, um, a consistency or
an approach to finding a way of determining how the market should trade.
Um, I believe that you have found what you've been looking for in this material,
not just me, but in this material.
And if you submit to the time that it's gonna take for you to learn it,
because it is a lot of information, but it will be easily understood if you
submit to the process of going through it all, it's just like anything else.
But I, I believe me, I know what it feels like watching it, because it feels like
you can see these smooth all the time.
Why aren't you trading every single one of them.
And that comes with the season veteran in me where I know that I
know I'm not going to always be right.
And I only want to trade when it's really highly favorable.
And those conditions are our vaccine being taught to you in this mentorship.
So while you'll have a million different setups to trade and you
literally will go into a chart and spend very little time dissecting what
the market makers are and what the elbows are going to be doing next.
And you're going to frame that in the format, where is it setting you up
in a condition where it gives you a high probability trade with low risk?
And it has a multiple that's favorable, you know, we're going to be aiming for
the goal is going to be five to one.
That's, that's your setups.
You're going, looking for five to one.
When you finished that mentorship, you're only focusing on five.
And believe me, you don't have to do very many of them to do exceedingly well.
And you know, you can take some losses and it still won't do anything to you.
You'll still come out with a really nice return for the month and over the
course of a year, it really compounds.
And it does very, very well.
Um, I, again, I appreciate a lot of the comments you guys are putting
in here, but I'm using the questions tab really just to focus on questions
that are germane to the discussion
is non-farm payroll.
Same as repricing besides the news.
Uh, that's actually a good question.
Um, it's a, it is.
Essentially repricing, they they're going to take price to a level that will upset
the most liquidity relative to where prices at right before or right at the
time of non-farm payroll numbers release.
Okay.
So in here, this is where we were at trading right before the release.
We already have, we already identify where the liquidity was here.
Okay.
And by itself it doesn't mean anything except for the equal highs.
We noted that the range will most likely expand.
Make sure I'm getting a high in here.
Okay.
Most likely expand.
Can you guys see, can you see, I'm not sure if you guys can see the
numbers, can you see the number to the right where it says 52 backslash 18?
Can you see that?
Okay.
Thank you.
I'm expanding out to, it gets to.
And I'm dropping it right there.
So that's the 20 PIP grade on sweeps above the highs.
That's about the maximum of the intraday.
What's interesting is you could see the bodies of the candles, even though
the wits went higher, the bodies of the candles are staying right
around that 25th grade on sweeping.
So that's the violation you end up having to see on non-farm payroll.
So even if this is going up to go down, the rules are still showing a,
um, I guess, a consistency in terms of stops, but you're going to get a lot
more wicks during a non-farm payroll or high-impact release a news event.
Hang on one second.
Sorry about that.
All right.
Uh, Steven, I see your comment about 96, 70 $5 equal equal highs.
Well, we didn't, we never disregarded.
We just had to put, put levels that aren't traded to, or, um, reached into
very nice look at the look at the reaction we had down here.
So we came all the way down to the level.
We were looking for Pierce it's just by a little bit, which is not bad
considering it's non-farm payroll and came all the way back up.
So we had 30 pit Ron here.
Uh, watch the level on here, see if there's any sensitivity to
that, and then another roll down,
but a non-farm payroll you can expect to see.
Sometimes they come all the way back up and clear out that.
Which is the reason why I can't, I don't like this day trading.
Okay, watch this one.
If we lose this, they'll probably want to come down here and close this up.
So we at 1 12 50 hit went to 1 12 53 and we saw dollar
come down to our 95, 20 level,
right in here.
The low came in at 95 17.
So it just went three pips below it.
Liquidity's resting just above these highs.
if they run that, we'll be looking for this void in here to get closed up.
Y Y not raid us dollar 95, 50 lows also.
Um, I think that's what we already did.
So I may have been it's a little early it's some of these
questions and comments are old.
I can't keep up with everyone's.
You guys are firing them off too fast.
Uh, pairing orders is a concept that I'll teach in depth.
Um, so that way you guys know how to, uh, trade retail traps,
and also use those ideas for your exiting and you're entering.
But pairing orders essentially is, um, When the algo goes above and old high,
they know there's buy stocks above that.
And it'll want to go to that level, especially if it's come away from
a low of a considerable price move.
And it's basically them allowing their orders to exit along with a
profitable, uh, favorable exit point with willing participants to buy.
And I'll teach all that stuff to you in great detail.
I don't think the trading off on payroll at any capacity is something you should
do, but, but you're certainly welcome to derisk your money on this town.
You is someone that's been doing it a long time.
It's just better to not do it at all.
It's really, I don't know what the fascination is with this.
I think it's a male thing that we have to conquer everything, but I gave it up.
I just don't want to do it.
It's not, to me.
It's just not consistent enough to.
Peace of mind knowing to put money in.
And if I'm not putting in at least enough money to be concerned about,
I'm not gonna take the trade.
So I'm not gonna even risk that much on the low end in a day.
Like this it's just to me, it's something, this it's an, it's an anomaly.
I study it.
I'm fascinated by it, but I'm not going to trade it.
It just takes discipline and you'll get there.
yeah,
I just realized I forgot to hit the, uh, save, unless I can still do it.
Let me see if I can still do it.
Save question log.
Yeah, let's do that because I know I'm going to probably forget someone.
Uh, non-farm payroll attacks any nearby liquidity and it could be in the form
of funds or it could be transactions.
Uh, think about this also, um, there's a lot of global commerce and exchange that
has to take place for, um, businesses.
You know, for instance, like apple, apple has to do things internationally and
they have to sometimes prepare funds and exchange for business deals, mergers, and
acquisitions, all those types of things.
And they have to, uh, convert their currencies to another foreign currency
and they will set those funds up at the beginning of the month.
So that way they're ready to go.
And they're in reserve so that you can put that money to work when they need to.
And it just happens to be around the, in the beginning of the month.
Non-farm payroll with tax.
Yeah, Herman.
I don't get into all the specifics about, you know, ism
and, uh, all the data itself.
I mean, clearly you didn't hear me one time say anything about
fundamentals, about where I think the numbers are going to be.
If they're going to be good or bad for the dollar.
I didn't say anything about that at all during this presentation,
because I don't believe in it.
I think it's already been factored in the marketplace and the market went
to the levels we called for and the direction we call for before it happened.
And that's what I'm trying to communicate.
Well, that's probably something for someone that's smarter than me.
I don't claim to have the intelligence to be able to discern all that data.
I tried.
I mean, Chris Laurie has a really good fundamental course where
he teaches global fundamentals and covers a lot of that stuff.
I just don't have the capacity to know what all that stuff means.
And frankly, it's too boring.
To be honest with you, I'm just bored by it.
I understand price.
I know that there's going to be a lot of movement around these releases
and if I understand price, I already understand what the market's going to do.
And the market's going to either think about this.
You ever hear the term?
Okay.
We had good jobs that are okay, but the market discounted
that and did something else.
I only had to hear that a couple times and beginning of my career to realize
that I'm wasting my time with this.
Because if, if the fundamentals numbers are what they're supposed to.
Then there should be zero deviations from the outlook on price.
When these numbers come out, if they're bullish, the market
should perform bullishly.
But when it doesn't, data's having an excuse.
Oh, well, they discounted it.
So I don't need to hear that many times before I realize it's BS.
So I just went to the heart of the matter.
What is price telling me?
Because it's all going to be in price before the numbers actually come out.
So I don't waste any time with waiting through bank reports, fundamental data.
I mean, I've got a lot of people that will say things against me
because I don't talk about that stuff, but I mean, you're seeing it.
I don't need it.
And if I can do it without all that stuff and be able to call
the levels out before it even happens, you can do that stuff too.
It's not necessary to have all that.
I think it's probably good for fundamental lead long-term position trading.
I think then yeah, obviously it has a lot more merit, but on a near term,
especially when it relates to day trading, there's no influence whatsoever.
Um, the question is how bank traders can control price, put orders at that speed.
Okay.
The, okay.
I think I answered it's cause it's really two questions there.
The speed at which you're seeing non-farm payroll happen is because
of a, for instance, let's just say I I'm at XYZ bank and I'm not going
to put a label on any by Abilify anyone, but let's say I'm at XYZ bank.
One of the big ones, and I have the ability to push price around.
If price is trading for the let's go back to the Euro.
Okay.
If, if price is trading here,
And I've seen other people try to explain this away, but I'm going
to tell you really what's going on.
When, when price is trading around the one 12 big figure here posts a
pre-market release on a non-farm payroll, common sense tells you that there's
going to be orders right above here.
Okay.
Because it's equal highs and we know that clean levels are
not going to be maintained.
They're going to be rated.
Okay.
And price did not go up there yet until right before the numbers release.
So when we have these conditions and markets trading, pre-market
release on a big impact news event, like non-farm payroll me at a bank.
Okay.
Because I have, I have deep pockets at my exposure.
I can not dispose where I can cause a great deal of interest at
a level near or close proximity to where the market price is.
Right.
So here's what generally happens.
I know that I can see a potential
to run.
These stops out, okay, this is what we are.
This is what they would do before I started going electronics right now,
the, from the central bank level where the market's feeding you price,
that's all predominantly electronic.
Now there's really very little human involvement.
It's all basically algo.
And their data is no that the same principles are at play all the time,
but it started with a human element.
So at the central bank level, this is what happened before we went.
And we, before we went to electronic, a big bank would
communicate with another big bank.
Okay.
And they'd say, look, I got a large block that I can push into marketplace,
but I want one, I want 1 12 35.
Which means that the other bank will look at their book and say, okay,
do I have anybody that wants to buy?
Okay.
At that level or higher, I know I want to get price at 1 12 35, because if I
do that, if I can get one print from the market, one trade print at 1 21, 12 35
or higher, that's what I mean by better.
If I can find another bank that will take the other side of that trade
together, we will blow out these stops over here in this orange area.
So what I'll do is I'll call around to a bank because all the banks
work together say, Hey, look, you know, I got, um, I got an offer at a
one-to-one at, at 1 12 35 and better.
Do you have any takers?
The guy at the other end, another bank, he'll say, okay, let me see.
He'll go through this book.
Is there anybody who's willing to buy up there?
And his, he, I got a buyer.
Boom.
I'll put the order in the marketplace.
He'll pair his, a party with that.
The market will print.
It'll jump up real quick and shoot up.
At 1 12 38 or 1 12 35, whatever the order is that they agree on,
they pair those orders up together.
As soon as the market prints that your charts are reflected,
that's where the market's gone.
But to us, it looks like it's like move supersonic speed.
And Chris Laurie will say, it's a lack of liquidity.
It's not, it's not that it's actually a, a higher, um, pairing of big, bulky,
uh, orders, a large volume of orders.
The market's going to go and facilitate that trade immediately,
immediately at the interbank level.
So when it happens, it crawl, it causes this huge gap and it looks like us to us.
It's big it's speed.
And it is speed.
But what it is is, is they're taking those orders and they're pairing
up a large block, which will cause the print in the marketplace.
And then once one price is traded at there, once it prints
any order over here becomes.
And then becomes a market order to buy the marketplace and it floods
the marketplace with sell orders to be paired with those buy orders.
No worries to anyone that's long down here.
When we get to this level here with this opportunity that used to go on
when it was non electronic, that would facilitate that run on the rate of stops.
And it's the same thing that the pit traders would do in the floor
of the S and P in the bond market.
It's still, you know, it's, it's this.
So it's still the same premise, you know, find a willing participant
above an old high to match with and you'll run the stops.
And when that happens, it creates a rush of orders that come right in in
the marketplace and you can do what you can sell, sell, sell, sell, sell,
sell, sell all your long positions here, two willing participants
to buy it a really high price.
And it's engineering, liquidity.
It's all this,
um,
I spoke about many times, move up yesterday and then consolidate
and then give it another leg up.
Uh, don't think that's the condition that usually seen in non-farm payroll.
Non-farm payroll kind of looks like a heart attack.
It it's rape.
It's real quiet right before the release.
Then it spikes up or spikes down and then tries to usually
come right back to the middle.
Um, I'm not sure what you mean by decision point, Scott.
Yeah.
The question from Leonard is.
The eight, 15 candle safe.
I guess what you're asking is, is this the low of the day personally?
I personally, I believe it is because they ran those first and
they expanded price on the upside.
Um, I think that there, you're probably going to run that 1 12 53.
If it, if not today, they'll probably do it on Monday.
Okay.
Um, if you're not getting notifications, I already tweeted this it's because you have
not activated the Twitter notification.
Uh, that's something you have to do when you're in.
I can't do it for you.
So go into your Twitter settings and then, uh, or your phone or your device
and allow notifications to come to you on that device or that phone through to.
Why is Aussie New Zealand effected by this news?
Uh, anything that has anything to do with the dollar is going to affect every
other currency because the dollar is the greenback and it's the reserve currency.
Whether you want to acknowledge it as it's, this it's so or not.
But the point is is that the dollar is king.
So if it moves up or down a lot, it's going to have an effect on global exchange
because a lot of goods, especially oil is bought and traded through dollars.
So every currency is going to be subject to a volatility, right?
Yeah, we we'd like to study the market after non-farm payroll
closes for the week and just then go into a fresh week with those
expectations already in, in the charts.
I don't have really tried to give any kind of indication what the next week
is going to do because non-farm payroll is an animal and it can do all kinds
of things that you think it won't do, but will, and again said, these are
all reasons why I don't trade it after I've recorded live trades before.
So that this throughout this year, I think I did three of them that
were recorded, where I actually did trades and show you that I can, if
I'm really forcing it, I can trade it.
But I don't like to, I'm not comfortable.
And we were able to call the market again this morning.
So again, just because we can do it doesn't mean we
should be in there doing it.
And that's hard for you to understand if it was a neutral, you're
like, okay, well you can do it.
So just do it.
And I'm telling you I've done it enough to know when I'm wrong.
I regret not listening to my gut saying just stay out.
And I don't care how many times I do it.
Right.
I don't care how many times I call it accurately.
I just know I don't want to trade in this environment because it
doesn't make sense to me to do it.
I can give up one day,
I think one, two, I think 1, 12 53 can still be, uh, traded to you.
It may settle and go sideways the rest of the day.
Um, and the reason why it has more likelihood to do that than run that 1 12
53, I don't think we'll lose the load.
Let's say it like this.
I don't think we'll lose the low here.
Two conditions.
It's trading sideways and trades in the range.
This created up here and in here that may be the range, the rest of the day.
And the reason why I say that if it's not going to run out at the one 12 for
the three, or it could come up here one more time, tap the 1 12 55, the 1 12
60, and then come back down and settle going in consolidation again, because
we have labor day holiday coming up.
Everyone is really already on vacation.
I mean, they're there already to go somewhere and spend the last bit of
sunshine, you know, and just have fun and have cookouts and stuff in the states.
So there's really a lot of money that's on the sidelines already.
And you see it.
It's indicative of what we're seeing here in price action now.
So the two, two conditions I see is that we stay in consolidation.
We keep this low and keep the high where it is, or we run up here and take
the high one more time and come back and go on the consolidations still.
But I don't think we'll lose the well.
And I, if we weren't going into labor day weekend, I believe we were already blew
out the 1, 12 53 high made a higher high.
Um, I'll say this because we're in this format and I'm
not getting anything for this.
Okay.
I have traded with Owanda.
I have traded with FXCM.
I do not have any other retail exposure outside of those well-known
Forex brokers that I could speak of.
Um, I have horror stories with FXCM.
I have, uh, well, Orlando.
Um, okay.
Yeah, they, uh, They're okay.
I mean, they're not, they're not the best, in my opinion.
Um, I treated through, um, interactive brokers and everything else is in a
prime brokerage, which is de-leverage.
You can't treat with leverage in that, in that medium.
That's all I'll say about brokers.
I don't worry about the weighting in the U S dollar index.
The dollar index is going to give me what I need to know and I trust it.
So I know there's a lot of folks that want to dissect every single thing out there.
It's not necessarily my opinion.
I mean, I'm doing pretty good in terms of calling the directions when I needed to
know where it was most likely going to go.
And that's all you need as a trader.
Just tell me where it's going to go.
And when it's going to go.
Uh, just so you guys know, I got a lot of people questioning about PayPal.
PayPal will not let your reoccurring payment occur.
So don't freak out and everybody's panicking and stuff.
Um, the account will not let any more money come in.
Not no more future monthly payments can come to that account.
Um, you, I can't let an A-list subscriber join up.
Nothing that money cannot be transferred into that account.
They have frozen that account and they're waiting for 180.
After 180 days, the time lapse of someone asking for a charge back will
pass and then they'll free the money up and then not able to withdraw it
and put it to use wherever I want to put it out, but I can't touch it.
I can give where you funds.
And that's why I said, uh, the other day, um, if you're not happy with what you're
getting you have until Monday, you know, and do, let me know, you don't want to
be a part of it and it's no problem I'll cancel, but going forward when we just,
when we arrive at how we're going to process the payments on a monthly basis,
once the payment's processed, you're stuck with me for that 30 days, you're going
to have to, you have to deal with it.
This is too much work for, you know, for me to be managing,
setting up and deleting people.
And it's just, it's not, and it's not fun.
This is one of the reasons why I kept from billing it for such a long time.
Uh, you're not gonna need it.
Yeah, you're not going to be billed next month.
I have to find another processor to take your payments.
And I can't answer that right now.
Cause I don't know which, which one I'm going to use.
We have some time still it's it's only in the second day of the month,
Andre.
Uh, I mentioned trading plans before people signed up.
Okay.
All the PDF files, people are asking for that too.
Like, whereas the PDF PDF files are the actual lessons, the teachings.
So while you'll see teachings in video format and I'll be teaching things
conceptually through a prerecorded sessions, they're going to be
accompanied by having a PDF file.
So that way you feel like if you're on the road and say your spouse is
driving and you don't want to have the computer in front of you or you
can't have the computer in front of you, but you just want to study.
Um, it'll create an avenue for you to build a binder of all the things that
I know, and it's going to start from the, the elementary stuff and then all
up into the higher level stuff that you don't even know where you're going
with it yet, but it'll be more refined in terms of all the components that
you know now from all the free material I'm giving you all of the places you
plug in those individual components.
And you'll have a complete trading plan.
And I am giving you my actual trading plan for my day trading
my scalping when I do it.
And it's not a lot when I do it, but when I'm active and I feel like I'm
going to be doing a lot, you'll get that.
You'll get my swing trading model.
Exactly what I do from the beginning.
What I look for, what justifies the setup, what negates the set up, uh,
where stops go, where I take targets.
What's the protocol I use for how much leverage everything,
everything that my kids get.
That that's what.
But you're getting in installments and small pieces that, that flesh out and at
the end, you'll have all of the trading plans given to you in the 12th month.
So everything is given to you in a capacity that from beginning
to end, you'll know exactly what to do because you'll have all the
components and where to plug them all in, in like a flow chart format.
So it was really easy to just use, look at where you're at in
the marketplace and it's okay.
I'm here in price.
This is the condition.
So what conditions do I trade with?
And you go down into the flow chart and it takes you to one step to the next
step, to the next step and takes you into trade entry, trade management,
and in trade ex uh, trade exiting.
And it's, it's the closest thing to having exactly what it is in my head.
Yes.
A lot of questions.
I didn't expect this many questions for such a small little.
Okay, the question is why would big funds want to buy higher
than the current price range?
Uh, because large funds are primarily trend following and the trend on
the Euro long-term has been down.
So they'll use the recent highs to trail stop-loss orders on their shorts, and to
protect your short with a stop, it's going to be a buy stop above a recent high.
And when the markets create these little clean little levels like this, it just
generates an interest for people to trust that as resistance and traders
will use the same ideas that the funds operate with, they're going to
lower their, their stop-loss order and place it just above it or recent high.
And it gets.
I, it kind of flat.
I know what I know to struggle.
You're having to understand it because it's like, well, why would
anybody want to pay higher price than waiting for it to go lower?
Because they're attacking by stops on short holders.
That's all it is.
Uh, where did I get the dollar index?
95, 20.
Okay.
FX blue pill.
Um, I'm going to go back out here.
See this little consolidation in here, and then we have this real quick runaway.
This is a last reference point, uh, or liquidity point.
Let me just zoom it.
Oops.
Don't remember direction.
Ah, here it is.
Is that little consolidation?
I was just noting, just zoomed in the down candle right in here, right in here.
I used the high initially and you can see it's 95, 21 and we rounded
to the institutional 20 level.
So because we're expecting the 20 level, we always factor in a fi a five PIP, uh,
spread for our, uh, for our trades and using that, that takes us down to 95, 20.
And I said 95, 25 as a buffer.
So it may not reach that 20 level.
It may just tap the 25 level, but it went down to 20.
I think it was 23.
No, it went down to night.
Well, why would I say 20 gets higher 95 17.
So I knew it was three pips, a difference than lower than we were expecting.
So that's how it got to 95 20 on this looking for areas of where the last
order block would have been relative to where price was trading up here.
We have this one for the formula staffs, but the low end, they
would have blocked us down here.
And we saw both of them the rate on the lows over here.
And then the next word block down here is where it was reaching for.
So that's, I'm telling you over time, you're going to realize how easy this is
to know what is the most likely direction and level it's going to reach for.
And by having that, it removes a lot of the, uh, the uncertainty
about what is you should be doing.
And if you don't know these things, don't trade.
If, if you can't discern where it's highly favorable to reach for
that's exactly when you don't want.
Yeah, that's one of the easiest ways to get to the sidelines is if you
don't see clear indications of where the market may see a run on liquidity,
run out stops, and then run for an order block or closing a range.
If you can't answer those conditions, that's exactly when you don't trade.
And if you look back and all the other trading, and we have
these losses, you'll go back.
And if you're honest with yourself, you'll say, you know what?
I really didn't see any of those things.
I was just forcing a trade.
I want to be in the marketplace.
And that's what I did as a new trader.
I did all those same stupid things.
You're going to have to learn from them or get taken out of the business.
Non-farm payroll affects everything affects, um, or if equities were
open, it would affect them too, but it affects their performance after
they opened at nine 30 in New York.
Daniel, I think I just answered that question.
Uh, more people learn this method of teaching.
Won't the August.
No, I say this all the time now.
Um, they are not going to change the effects of willing buyers and willing
sellers in the marketplace because there's fear and greed at play.
There's always going to be people that are going to be involved in the marketplace.
Obviously funds are always going to be in the market and that's really
what the banks are going after.
They're not going after you and I or too little or too little of a trader.
Our liquidity is not in the market, but the way we trade that same idea is seen in
the realm of large trading funds and the funds are always going to be in market.
So that's why I'm telling you, don't worry about this, um,
staffing, uh, it's efficiency.
Don't worry about that.
If that's the worst thing you could be worrying about right now is, oh
man, I'm going to learn something.
And what if this isn't like the red light.
Uh, turbo robot.
Okay.
It came out one, four X became popular.
This is how the markets book all markets, not just for X, every
asset, class books, just like this.
So there's no reason for you to have any fear.
That's why I tell everybody, this is the last bastion of free enterprise
that you have the ability to carve out your own paycheck, make your own
schedule, do what you want to do when you want to do it, how you want to
do it and make this your business.
However you want.
However you want to do it.
You can do that with this.
And this is the last thing on planet earth.
That is like this.
And here's the beautiful thing until the entire global banking industry
collapses, it's going to be working.
And I don't see the global economy collapsing anytime soon, unless
Christ sets foot back on this planet.
And when that happens, then we got better things to worry about.
Then.
Right now I'm just giving you the bare bones stuff, the call, the moose.
Um, but there's a lot more that's, um, available in what
we're going to learn yet.
The question is, is it really secret sauce?
Yeah, there it is.
I don't call it secret sauce.
I had that given to me one time with a direct message and I thought it was cute.
I had a log in at Twitter with my computer.
D thank you for settings.
Twitter will text you.
Yeah, I think it's an SMS setting.
If you click it to that, um, all my tweets will come to you like a text message.
I tested myself out.
Like I'm, I only follow my mentorship and my mentorship
only follows my public Twitter.
And I know when I send a tweet, my phone gives me an SMS message,
which is like a text message, like anybody else would send me.
And that's the best way to get alerted to anything that's coming down the pike.
Um,
I think I, okay.
I see your question.
And I've had this given to me a lot either by Twitter and I've ignored it on Twitter.
And a lot of people have been saying it to me in an email to the interactive brokers
have up their, uh, their margin, um, and base equity for trading spot for X and.
I think they're smart in doing it because there's going to
be a lot of volatility coming.
And that's why I try to tell y'all that there's going to be a really insane fall.
I mean, we're going into a really uncharted territory
in terms of volatility.
And I think there are smart as a business, which is why I have accounts with them
that, uh, I think what they're doing is they're, they're lowering their
exposure to what is potentially coming.
And it's all in the heels of what I've been talking about for a
year and a half now, you know, the end of Obama's term, you know,
there's a lot of excitement coming.
Okay.
And it's just going to be a lot of, uh, like I said, a lot of volatility.
It's an election year.
It's a very, uh, Well, the U S is a powder Cade right now, and it's not just
a U S has a lot of countries around the world to have a lot of issues going on.
A lot of uprising.
Uh, you know, there, there are people are going against their own governments.
Um, you don't get a whole lot of, uh, media coverage on it, but alternative
media is covering it and you have to find that on the internet and YouTube.
Uh, but generally they get scoffed at, but it's hard to argue with, you know,
what you're seeing when you see it.
And when you know people, and I don't say I, I knew people, but I, I haven't contact
with people that live in these areas and this descriptions of some of the things
that they're enduring it's, it's crazy.
Cause you don't hear us.
Our, our news media is censored.
So I think the people at interactive brokers are sensitive to what's
potentially coming as well.
And they're just being prudent about pushing that risk away from them.
And they'll probably be revisit it after the initial shock and all that
comes by way of all the volatility, or they may not, I don't know.
Um, I'm not the business, uh, brains of that corporation or that broker, but
there's still ways for you to trade it.
Don't, don't, don't be concerned about just because interactive broker did that.
I didn't have any issues with OA, except for when I was, uh, positioning the three
and a half percent leveraged the trades.
They would say my order was off or I couldn't get to fill in and it
would have to keep going back in.
And it would usually be about four or five more pips above where I wanted to buy it.
And I had one issue where they filled me a nine pips below the quote low,
which had an issue with outside of that.
I don't have really any complaints.
I mean, you're, you're going to have a horror story to somebody.
With everybody out there.
Cause there's just going to be, you know, you're never
going to have a perfect broker.
Uh, I have, I have retail account with interactive broker at two of them.
Um, they're not with my name.
I do a lot of things through either an LLC or I do as a limited partnership.
And I have, uh, I have three prime brokerage accounts and a difference
between a prime brokerage account and a retail account is a retail account
is what everybody else is used to seeing you do a, uh, a transaction.
You pay a commission or a spread, and then, uh, you, uh, deal with that broker.
Okay.
Either electronically or whatnot, a prime broker is, and you
can also in retail, you can.
Up in the states.
It's the 51 leverage.
I don't use that high of leverage even though it's available to me, but I usually
train around 21, 22, 1 at the maximum.
Um, and that's, again, that's rare that that occurs, but nonetheless, the, uh,
prime broker is basically your use of TA you've deposited money with a bank.
Okay.
And you trade the, uh, the bank.
You're actually going into the interbank feed and what's nice about it is,
well, number one, you can't leverage.
So whatever you have on deposit, that's what you trade with.
Secondly, you are offered the opportunity to like, for instance, I can, I can
reject a, a price where you can't reject the price at the broker on retail level.
See, they're in control at retail.
They can say, okay, you want to buy this, but it's off quote or they'll report.
As a prime broker account holder, you have that ability.
And I can say, no, I don't want that price.
And I have up to five minutes to change it.
You can't do that in retail.
I have to phone my orders in which is not a big deal, but in retail
you are the you're the sheep.
Okay.
And, and prime broker, you are on the same playing field with the bank.
The problem is, is you can't just go in there with, uh, you know, $5,000 and
say, I'm going to trade prime broker.
I mean, you've got to have a large net worth.
You have to have a good credit rating.
You gotta have a track record.
That's impeccable with low risk, uh, consistency.
And you have a lot, you have to have a lot of money and millions of dollars.
And it used to be going into the million, but they've been, they've been recently.
Yeah.
Yeah.
I don't trade the dollar index or the dollar.
I don't do anything with it.
Uh, I think it's too thin to worry with, but it does help with prognostication.
I don't think that 11 more PayPal accounts is the answer.
Nick.
I wouldn't, I would be waiting forever to, uh, to get to the money
that, uh, to be able to work with it.
And I think they already know my name.
So they just would put a hall to anyway, um, every day, Rick, we're
going to be doing a trading exercises, or I'll tell you if I'm actually
taking a trade in my live account.
Um, if I tell you I'm taking a live trade, that means I am deeming it.
A high probability trade is not a signal service.
It is not an invitation for you to do what I'm doing.
But every single day, we will have a scenario where we can either outline
an idea what the market should do, or actually execute on a demo.
And I can give you management of that trades throughout the day.
All right.
Um,
yeah, I've talked to Chris, Laurie, but I think I got a
little bit more volume coming in.
I think that's the difference.
Um,
yes, it's being recorded.
Okay.
I don't know how to make an algo or expert advisor to trade it
because there's a lot of various.
That's what I tell everyone that you, they say, I have a, I have EA that, you
know, that does this, who does that?
And I'm telling you at the end of 12 months, you'll be able
to beat every EA out there.
You'll know how you'll know how the market's going to do.
See the EA can't it can't think like the things I'm going to give
you to think it doesn't, there's no way for it to do these things.
There's going to be limitations and you'll see the limitations that are
built in that EAs won't be able to do it.
They'll be able to trade on certain components, but the way everything
dovetails together, you're, you're not going to have it like that.
It takes a human brain to be involved.
All right.
Um, Pierre is a long one.
If I look at a four-hour chart and dollar index looking at candles of
August 8th, starting with midnight, New York, the following, I'm sorry.
You had the falling bullish candles.
That form price.
Okay.
Look.
These are really long they're best shared with me either.
See what chart on Twitter and asked me that way, because this is
a lot, it's a lot of information.
This one.
Um,
all right, let me do this.
Pierre, do you have, do you have to post a chart to the, uh, the forum
do that there, and then tweet that link to me in Twitter, all of the,
uh, all of the forum posts that are there, there's a little Twitter, tad.
If you hit that, just make sure that, um, you're sending it to me.
I'm not concerned about the, the, uh, the, the link in the Twitter being
seen by your followers because they still have to have access to our forum.
And if they're not getting it, they can have that link all day
long and not worry about that.
They just can't get in to see what it is.
And then I can, I can see better what you are.
I don't mean to blow you off.
It's just, it just seems like a really involved question.
Okay.
Thank you.
Uh, can the markets be traded properly with now?
I read that one.
And is there any chance you could give us 10 minutes on the S and P next week?
Sure.
No problem.
It'll be on Tuesday though.
Not Monday.
Um, what am I going to be teaching in Ringrose as it
revolves around money management,
is that what you're asking?
Like, like what am I going to be teaching about money management?
Well, part of what you paid for is, uh, in the 11th month, part
of that is how you can actually start your own fund and you can.
You don't need a lot of money to trade with a loudly.
A lot of the folks that are with me, their concern is, is, um, you know, I
can't afford $150 because I'm only trading with an account that has 200 hours in it.
And I can see the rationale behind that.
And my question is, is, okay, where are they ever going to get the
money the trade with beyond the money they have in their accounts?
And they can't see past that.
So what, I'm what I try to communicate over this last almost
seven years now is that you don't need a lot of money to trade.
You can get rich real quick, not even having any money.
You can go into the marketplace with a track record.
Okay.
And drum up your friends, your, uh, your coworkers.
Okay.
And say, Hey, look, there's a potential to lose some money here.
Okay.
But if you put in 500 bucks, okay.
And put some scraps together and go in using your understanding.
Have a real track record with a small account, build that up.
Then you can offer that same level of management to a higher degree and
believe me, there's a lot of people out there to have a lot of money.
They don't have time or interest in learning how to do this.
They don't care.
They have a little fast life or there's just not a stoop.
They just, there's a lot of stupid people with a lot of money out
there and they all are greedy.
So if you tell them, Hey, look, I can give you a 15% return annually.
They will dog pile on you.
Especially if you show them a tracker that has very low risk and believe me,
they will put hundreds of thousands of dollars per head in your head.
It's very easy to get a million dollar fund together inside of a 12 month period.
Very easy, very, very easy to do that.
There's some things you have to know when you get involved in doing that.
And there's a lot of risk, obviously, because people need to know
what you're getting involved in.
Isn't like, Hey, look, I want to get my money out tomorrow.
There's some things that they have to be aware of, but you're going to be taught
how to start your own fund, how to manage the fund, how to do all that stuff.
And you don't need your own money to do well.
And if you get a performance bonus on that and you get a management fee
of 2%, which is your money, right from the beginning, wherever you're
drumming up in terms of the amount of money that you are managing, if you're
aiming for a million dollars, okay, you're getting 2% of that right away.
You got a nice little chunk of change.
Just that one time alone.
Now you have scraps to trade your own money and you can build up
that fund large as big as you want.
And believe me, that part is easy to get.
You can get money easily if you know what you're doing in the marketplace,
because very few people know how to do anything in the market.
But if you have a track record, that's astronomically consistent, where
you have very low, draw-down very consistent returns and you aim for
a very consistent 15 to 20% a year.
And some of you all want that a month, but if you just stop and take a look at
what's available to you, you can take this next talk months, really, really
invest the time and learning how to do all this stuff and be able to start your own
business and never spend any of the money outside of what you paid for, for the
education, being a part of the group, tons of money out there waiting to be used.
Uh, you know, not just in Forex, you can do these same things and
stocks, you know, I'm going to, um, I'm going to give you amplifications.
And when stock trading I'm going to give you amplifications
on commodity trading bonds.
Index trading.
When you're done with me in 12 months, you're going to know
everything that I know about trading.
So there's every potential avenue for you to go and do either your
own trading, start your own fund.
You can start your own prop firm.
There's no limitations to what you're able to do with this.
And you don't need a lot of money stop worrying about, I don't know if
I can afford this because I'm paying a hundred for the hours and that's
almost what I got in my account.
It doesn't justify it.
Well, you're not looking at it, right?
Your perspective is wrong because if you understand what you're learning,
you are 18 months to 24 months away from an entirely different
lifestyle way, different lifestyle.
If you put the work into it now and just relax, put the TV
shows away for a little while.
Take, take bowling night out.
If it has to happen, okay, take poker night out, keep the spouse,
you know, entertain, gotta be married still, but focus really
take this as an opportunity that can potentially change your entire life.
You don't have to have a Lima your own money to trade with.
You just need to know what you're doing, and I'll give you all
the steps to do all that stuff.
I'll tell you how to market, to people that have high net worth.
I'll tell you how to do all those things.
I've done all these things.
Okay.
I've done these things.
I know what it's like to do it, and believe me, it's easy to get money.
It's easy to gain wealth.
It's easy to do that.
Okay.
What's hard is for you to learn how to trade.
That's the hard part.
I'm going to do my very best over the next 12 months to give you every possible way
for you to learn this, the quickest pace, the most, uh, detailed way I can do it.
And you're going to have all the notes for every teaching
that you're supposed to have.
In other words, if I was to check over your shoulder for note taking, these
are the notes you're supposed to have, I can't do anything more than that.
What needs to happen on your part is you have to study.
So when you submitted that, believe me, I'm guaranteeing you, you have the
likelihood of seeing an entirely different lifestyle, 18 to 24 months from now.
I promise you if you put the work in, that's a guarantee,
so don't worry about not having money in your account right now.
Don't worry about being able to make a lot of money trading.
That's the least important thing right now, because once you understand that
nobody can take it away from you.
Nobody can take that information from you at all, but you can use this
information to do so many things.
So many things.
All right, guys.
Well, listen, I am so hungry.
I'm starving.
So, um, I'm going to ask you all to, uh, allow me to escape.
Um, we saw again today.
Some of the ideas that we were looking for pan out.
Um, unfortunately we didn't get the, uh, the opportunity to do a demo entry
for a non-farm payroll, but, um, did you see what we were expecting to see?
Did you watch it live
now?
Obviously we've only seen two days.
Okay.
And we've been blessed so far, but do you see the measure of
consistency that's available even in a high volatility environment?
Like non-farm payroll, do you see the consistency that's there?
Now my question to you in closing is, are the markets random?
All right guys.
Listen, if you're in the states, uh, enjoy your long weekend, be safe.
Uh, there will be a prerecorded session on Monday.
Uh, there will not be any live session on Monday.
It will be, uh, joining my family and, uh, observing labor day and we'll be
back at it on Tuesdays London open.
Okay.
So in summary, before I go, I just want to put this out there
as a schedule and I'm going to put together a tweet over the weekend.
That way I can pin it to the profile on my Twitter generally.
Uh, there, there are no London open trading on Mondays ever.
There's never going to be any London open on Monday.
There's always going to be a New York session every single day,
Monday through Friday, no London session on non-farm payroll Fridays.
Okay.
Um, there is a London session on Tuesday, Wednesday, Thursday.
The only Friday exception is non-farm payroll.
Okay.
Um, if there is a us bank holiday, there will be no New York or
London I'll use those days just for, uh, prerecorded teachings.
Okay.
There's not a whole lot of them, but that's, we're going to encounter them
obviously through the course of next 12 months, but that's the schedule.
Um, every single day, you're going to either get a presentation
that's prerecorded, or we're gonna do a live event.
Okay.
Um, again, these events are getting long-winded again, then I don't want them.
This is not what I want.
I don't want this medium to be like this because they're too long.
And if I'm creating an hour and a half, two hour video, five times, that's
10 hours of content, you have to.
You're not going to be able to keep up with it for free for
those that aren't here live.
If you're trying to just keep up with the recordings, it's going to feel like a
daunting task and that's not what I want.
So I'm going to be implementing next week more Twitter charts with
notations on it, the recordings and the presentations are going to be okay.
Getting in the presentation, showing what my expectations are, the commentary
and not looking at the comments or questions any more after today.
So please don't be offended.
I don't want to use the time that I'm using in this medium.
I would rather do those things on Twitter.
It's much easier for me to answer quickly and that way, yeah, you all will
see the questions that are being asked because it will be in the Twitter feed.
And I think it's much more user-friendly.
Um, and it's easy for me to get to your questions faster and I
won't miss any because they're, they're staring at me in my face.
The live presentations will be no questions, no comments.
I won't even look at it.
Um, I'm just going to turn on, share the information, shared a levels, what
my expectations are, and we'll be mad at, um, monitoring and managing it
through Twitter, by charts or comments.
Um, I'm going to also start doing the, uh, if there's a demo entry or
a demo limit or, um, a target, they will all be going through Twitter.
So my expectations are, I want to have that in a Twitter feed post,
then put a video together where I can share the commentary, why I
expect what it's going to happen.
But you already know what I expect in a Twitter chart or commentary.
So even if you can't make it to a live event, you can follow along in your demo
account and do the same thing there.
And you can learn that way.
Uh, the video will just be given you to the backbone of why I
believe what is expected to happen.
So cause you some, some flesh around the framework that I'm
giving in Twitter, y'all agree.
That's a, a fair way of doing it.
Awesome.
Thank you very much.
Well, I certainly do appreciate your attendance and your interest.
Um, we have a lot of exciting stuff to get to over the next couple of months,
but I'm going to close this today.
Uh, this will be the last job owning one you got for, uh, for live sessions.
We gotta keep these things real concise.
I'm aiming for 10 or 15 minutes.
And because we're specifically aiming for trades, um, the teachings
will be in the long winded stuff.
That's where I'll get long-winded.
But in the trades, I can't spend that much.
And they're very distracting to answer questions and it takes my mind away
from focusing on the marketplace.
So, um, right now I didn't do any trading this week at all
with a live account because it's been demanding on my attention.
But if I, if I do this every single day, I'm going to be honest.
I'm not going to have it.
I'm not going to have in my own trades.
I won't be able to trade life, my own money, and I want to trade my money too.
So I got to keep the sessions short, concise, delivering content that way
and aim for about 10, 15 minutes.
That way it's easy for you guys to just digest that real quick, even on your lunch
break at work, if you're sneaking, um, the schedule also, I gave you the days that
we're going to be doing it, but the times are always this, uh, one o'clock in the
morning, New York time is the London open.
So in other words, expect for me to do a live session or start tweeting around
1:00 AM in New York time through 3:00 AM.
Um, so in other words, I'm giving myself a window of 1:00 AM.
All the way to, uh, to 3:00 AM.
Uh, we're done at 3:00 AM.
There won't be anything past 3:00 AM.
So either you have everything by then, or I'll tell you
there's no trade in New York.
It's 7:00 AM.
That means start looking for a tweets around 7:00 AM or expect a live session
at 7:00 AM all the way to 9:00 AM.
It can go a little later into 10:00 AM, depending upon what
the market conditions are.
But usually at the schedule is going to be 1:00 AM, expect something New York
time for London, 7:00 AM from New York.
Let me say that again.
1:00 AM New York time begins the window for ICT analysis and content.
That's the London open, uh, pre market commentary and expectations.
New York 7:00 AM will be the ICT New York session expect tweets and
live sessions to begin at 7:00 AM.
You'll know by way of Twitter.
If it's going to be just all tweets or if it's going to be a license.
Obviously any prerecorded session will be linked to you through Twitter.
Um, I don't know where I'm going to go with the list of links, but all the
presentations that have been made this week, they are all in the Twitter feed.
So you can find them just going through my tweets.
I don't have a whole lot of tweets and no I'm not deleting any tweets.
So just go through them, you'll find them like anything else.
When you get the links, bookmark them, save the file to your
computer, that we can record it.
Um, 700 not recorded, but you can have the recording in your, in your
computer and watch and wait your own leisure without going on the internet.
And with that munchkins I'm escaping, I will give you a recap
tonight, uh, probably around, uh, 10 o'clock it'll be posted.
Uh, so we'll give you what our expectations are going into next week
and until then have a good weekend.
Be safe and good luck and good trading.
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