All language subtitles for nfp_090216-1 EN

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.