Original subtitles

Good afternoon folks.

This is ICT with a market review for October 14th, weekending review.

Okay.

We're looking at the dollar index as a daily chart.

We were looking for price to try to stay above these highs in

here after breaking through it.

That was one of the objectives we have for this week and, uh, did violate

the high, like we were expecting.

And in fact, we closed in this week.

It looks like we got about another no less than two hours of trading stuff.

And there will be a, probably a good deal of probability that we're going to

trade with inside this high here and the bear shorter block delineated over here.

Um, I still think that we're going to probably go and want

to reach up into this high here.

So we'll probably see that going into Sunday Monday's trading of next week.

So still bullish on dollar on the lower timeframe for dollar, we saw price

come down, hit the 97 50 mid figure.

And we bounce off of that and have really sloppy dates, still pressing high here,

have liquidity resting above these highs.

So it's gonna be interesting to see what we do going into

the beginning of next week.

Let's take a look at the Euro.

Euro's broke down.

We're still looking for a move down in, declare out these lows.

I thought for sure today, glancing over, uh, over price action.

Periodically stood today.

I thought we would clean out this area.

Uh, we can remember, we don't need that low right there, that cleanup

all we're looking for as the bodies of the candles in here to be swept out,

um, still looks very, really bearish.

Uh, we could potentially see that again, open up on Sunday, going

into Monday and breaking below these lows with the dollar strength

that we were indicating over here.

So that may be what we see in conjunction with one another, a

dollar reaching out to that 98 55.

Well, Euro drops down into the 1 0 9 twenties to 1.88.

Uh, for an objective, uh, starting off the week of trading next week,

uh, lower timeframe trading for Euro.

We had identified the highs right above these equal highs over here.

Uh, we were looking at that liquidity pool here.

Uh, price did come right up in there exactly 10 pips above it

and turned around and we went for what, the stops below this load.

So you can see one more example of how price seeks liquidity

rate above these highs.

Mark goes up and reaches into that.

Whereas next level of liquidity, the low, the low price comes all the way

down and clears that level out as well.

Again, rather sloppy day in here, the only real trading opportunity was late today,

and this would have been it right here.

Uh, this bearish order block creates a void, comes up, closes

in the void mean threshold.

Hits it sells off, run for the liquidity run below these lows here.

So that's the extent of what I would have seen, um, as high probability and

even then, because at the time of day, wouldn't be terribly excited about that,

uh, pound dollar, uh, still suspect that we're going to break below the

low of the quote unquote flash crash.

I say that facetiously.

Uh, I still think we've probably got to run through that.

And again, be mindful that once we go below that there's gonna be a

lot of folks that just are going to be the ones to dog when it's short

and maybe just the trait, a trap to get traders, to be short down there.

And then they'll probably come up here and do some work at this.

Lower timeframe of 15 minute basis.

Uh, today we held the reigns on, I sent a tweet to, uh, Raj on, uh, Twitter.

He asked about, um, the area of by stops up in here and the willingness to

go down below before we run up there.

Um, I said it could happen, but it's Friday.

And because it's Friday, we're probably going to hold the range.

And we did.

That was the only thing we did clean out the by stops here, as

we indicated on the session on.

13th of October.

Did in fact hit that came down, swept some lows in here returned

back to bullish order block, which is this level right here.

Open comes in on this candle, a 1 21 67 low on this candle comes in at 1 21 68.

So not bad.

One PIP off there for a sloppy Z day.

And.

Uh, we saw a bit of a rejection after running up into our 133 big figure

we were looking for this week, uh, cleared 1 30, 3 big figure, and then

rejected, uh, broke down through the bullet shorter block here as well.

And the next area of liquidity rests below these lows in here.

And we had to monitor this mean threshold of this down candle set, maybe

an area to watch, um, a lower time.

See that the cat did in fact lose a lot more ground.

And I saw it on my video.

I did a playback of my own.

I started to talk about, um, when I look at trend lines and I'm not

a trendline trader, but there are times when it's useful to know when

traders would be utilizing them.

And I got distracted by the live questions in the seminar or webinar I did yesterday.

We did a rather long one and I got caught up in all the questions and such.

I was going to talk about a trend line application for retail

trap and looking at the CAD.

This is one area at which trendline traders would have

been utilizing trendline.

Right in here.

So folks are going to see that as a potential trend line support.

And because I have absolutely zero respect for trend lines, you'd get

that gave you that initial little turn right here, right on there.

Runs up then it comes back down, breaks through it, but it's okay.

We let it happen.

Sometimes come back up and then finally it breaks down through it.

And all of a sudden we have a problem with trendline support

resistance on a diagonal basis.

Now, folks come back and say, well, this is it.

It broke.

See, it comes back up and retest and it doesn't always.

It does not always do that.

Uh, we were identifying the lows down here and not observing this as any

potential diagnose support at all.

So trendlines are wonderful opportunity to confirm trades.

We'll teach more about that as a retail trap as well.

And as mentorship.