Original subtitles

Good morning folks, and welcome to another week of Forex trading.

Okay.

We're looking at the dollar index and this morning we have meme

impact news coming out at eight 30 directly related to cat and dollar

outside of that, we have a layer.

Calendar full of speeches and such.

So we may have just a small little window of opportunity for a study on price

action this morning, relative to the CAD.

We're gonna start with our discussion on the fact that we had this.

Let me go back out a little bit, so you can see, uh, we had the order block

here last up candle prior to the demo.

So we know there was institutional selling in here on this candle right here, and we

still have a liquidity pool resting just above these highs at 98, 55 or 98 60.

And we saw price just Pierce it this morning.

Let me make sure I got my level here.

98, 12.

Okay.

So over here we have the buy stocks.

We mentioned this last week, Holly left the equal highs up here.

Um, we know above the highs is by stops the market peers through that

came back down pierced at one more time again, and we're having some

difficulty around in these four blocks right in here when I'm expecting.

Is one more drive through.

I think this was probably just a retracement going in head of the news.

And I don't know if we'll have a continuation through that and we may

just poke up through it and then come down and trade softer if we do on dollar.

Um, we got to go back out to the daily chart and we're going to have to look

at this down candle because if this is a bull shorter block, And if we're

going to see that 98, 55 98 60 level, uh, this down candle here should offer

support around its mean threshold.

Okay.

So we've got that on their chart now.

Yeah,

you can see, we have a little bit of a distance down in here where we could see

that a 97, 80 level Retraded to today.

Um, Again, if we get the news pushing through, I'm going to be watching

because to me, it looks like CAD.

He's going to want to come down here and close this void in here.

And the way we mark that out,

we had this low and here in the high here in between those two reference points.

That's our boy.

So price has been delivered everywhere in this range from this low to this high,

but it's only offered on the, on the up.

Never came down yet.

No, we've just got to come down through there to be efficient with

that said, um, we have to be monitoring last week and what I'm going to show

you that low here, that's this low.

Just drawing a rule on the 15 minute timeframe we have cell

stops resting just below that.

So what we're looking for, we don't want to see it run directly right from here.

Right?

So we have 1 30, 1 35 and then 1 30, 1 47.

So either one of those two levels, if we run up into that at the release

in about seven minutes, that may be a opportunity to be sellers, to

reach for the self SaaS below here.

Um, if we drive through to 31 40 level, we're gonna be

watching this level up here.

We don't want to see it run for the stops right now.

It's too early.

We want to see it and keep it, keep it intact here.

Make a little run against the down move that we had so far, that would be ideal.

Expect a move lower.

As you can see, there's really nothing on a daily chart offering support.

So we have, we definitely have stops below last.

Friday's low here and below it really nothing over here that gets me to

concern for, uh, hi, add support to me.

If we lose the Friday's low, we could expand down and

try to trade into this boy.

So the initial draw is the stops on Friday's low.

And then we'll see if we get expansion through, on this candle below it,

the 1 30, 70, and then we'd have to look at the lows formed below here.

No.

For the bulls we'd have to get through

32 32 resume only upside.

And it's always a potential.

When we have news coming on eight 30, we can always get an,

uh, New York session reversed.

Pound dollar still finding support at our level.

We identified last week, small little bounce in here.

We're at it again.

Uh, we may end up pushing through a little bit more on the downside

dollar just really is not pretty.

Um, let's see what you're doing.

What's that?

Uh, 1 10 0 5 level today.

1 10, 10, 1 10 0 5 level.

Should it should offer near-term resistance.

If it doesn't.

We're probably going to be moving up into the, by stuff's resting above and

we get this little thing out of the way,

1, 10, 20 to one 10 thirties.

That's where your buying stops are.

So if you see any expansion through 1 10, 10, 1, 10 thirties in the cards,

Small liquidity pool resting around 97 70.

So we have sell stops below the market here.

Reason why I think that it may, may run dollar up on the

news and then collapse it.

Um, It's because they're keeping it so close.

They're keeping really, really close to the highs here.

Now, if we run through it and expand and go beyond 20 pips above the

highest formed here, then we will be willing to allow for a retracement.

And then we could see further upside for dollar, but that would cause

issues for our dollar catch-up.

And that's what we're looking for here.

We're looking for this a little bit of a pushup into these, these levels.

Okay.

Yeah.

Okay.

The only thing we're really studying today is the news release.

At eight 30, we have conflicting technicals across both

sides of the dollar and Kat.

I like the fact that we have a nice London high on dollar cat.

31 33 and right.

So the numbers are releasing.

Watch the 31 49.

Okay.

Yeah.

I see some of you saying you have an issues with code.

Um, it's obviously working for others because they're commenting

on what I'm showing on the chart.

So it might be something on your end.

I know it sounds like I'm displacing responsibility, but it's hard

to, it's hard to argue when other people are actually seeing it.

So I'm not sure what's.

Yeah.

Thank you, David.

Yeah, I'm not sure what's going on.

Some, some may have three people reporting.

They had issues with the webinar or not working.

Yeah.

I noticed that, that I had set up for a Sunday and I

never launched it the webinar.

So I just went with the link just to say.

Um, if you just got here.

No one thing I said was we're looking for the dollar CAD that

want to press down below Friday's low Eliana, London, high in place.

I was looking really rather for a move in 1 30, 1 40, I would have liked to sold

it there, right off the numbers release.

That would have been nice.

Um, but they only gave us one little hit here at the 31 33 level.

We identified off this bear, shorter block, um, small little, small, little

minor move, nothing significant.

Um, and I mentioned that there was nothing, nothing here in terms of

support all the older blocks down here.

If they go back into them, I don't see that.

Institutional support.

I think we'll probably going to run down into those, uh, 1, 1 30 big

figure, maybe go into 1 29, 81, 29 65.

Um, not today.

I'm not saying it's gonna happen today, but it may be what we're going to draw

down into over the course of this week.

Barring anything that would drive price up through the.

Opening on this candle here, which comes in at 32 30.

So we have to get back about 30 to 30.

You know, we have to climb a hundred pips from here and go through that

31, I'm sorry, 32 30 level before I would ever change gears and

get back into buying near term.

So where we're at right now, we're probably gonna want to come down and

close that daily liquidity void in here.

Here between this candle's high, this Campbell's low.

We had just that one candle here offered on the upside.

Nothing on the downside has been given

the fact that we have a Monday and we have all these speeches

still layered into the day.

Um, it really puts a big mute button on, uh, on price action.

It makes it a little bit more difficult to treat.

We still have to study it and watch it and gain experience by seeing

what liquidity runs look like.

Even in these environments,

Deadpool's just for free pre you tubes.

I tried to keep it a little bit more professional in this space.

Uh, discussion about the opening, um, to the high or, uh, the opening to the

low, relative to the bare shorter block and what constitutes a fair value gap.

That will be explained to you in detail.

If I talk about it here, it's just gonna create more questions.

So if you have questions, I've already instructed you just to write them down

and you'll see, 99% of them will be answered as we go through the material.

But when you have questions like that, you need to study it, look into what,

what you see on your own, because that's where the learning takes place.

why am I not considering the bullish order blocked on dollar case?

September 22nd.

This one here.

Hang on one second.

Let me get this thing on the way so I can talk about it.

All right.

September 22nd, this block right here.

Why I'm not terribly excited about that as offering support is

because we've already hit this one.

Once when price ran away from that one, it came back down.

Capitalize that level.

And then it came back down again, one more time, capitalized it.

So if we go down into that level again, my expectation is, is we're not most

likely going to see buying there and they haven't really taken any cell stops out

except for this swing low on a daily.

So I would be more inclined to expect them to come back all the way through

here, clear out this level of stops, and then it frees them the go higher.

If it's going to be, you know, longer longer-term.

Movement the fact that we've already hit the order block there, here and

here on the basis of the daily chart, it's consumed a lot of those orders.

So while it could still do it, I wouldn't elect a trade there simply on

the basis of the day, it's been there twice already on a hard timeframe chart.

Yes.

Imagine, um, imagine every order block, whether it be bullish or bearish,

imagine each one of these candles holding a number of buy or sell orders.

In other words, if it's a bare shorter block, it's the last up candle right

before it down move, uh, consider that candle holding a reserve of sell orders.

And if the market's going to rally like it did here.

Obviously there was enough buying in this candle to allow them to let

price go higher, but they couldn't get all of their buys on because there

wasn't that much time spent there.

So when price runs up, they wait for it to come back down again

and then they buy it again here.

What orders they couldn't get on the first time they'll buy here.

That's the reason why the first return to a bullish or bearish order block

is always the most high problem.

Because you know that there's going to be a willingness to see it move.

Even if it bounces 30, 40 pips, that's all it's necessary for us to get paid.

But every time we go back into that level, less orders will be there because they'll,

there'll be able to capitalize on that fact of it being returning back into that

same carrier, which they bought before.

And then it price came back down to it one more time.

And then finally look what happens.

It releases and clears another high.

So why would it need to come all the way back down to that low.

If it's going to be higher, if it's going to be moving higher.

My point is if it's bought, if they bought rather around 30 to 70 is

their average price or thirty, thirty, eighty, if it let's call it like that.

So if they're buying a 30 80 here and they bought 30 80 here again, and they've

already broken a high off the first return here, why would they, why would

they need to go back down there again?

They shouldn't need it.

Does that make sense?

For it to go back down into that.

What a block on a daily chart over here would not be good.

This is for that way.

I know is I don't see that as high probability by cause we've

already been there several times.

Okay.

And we said, we'd go.

If we go through 31 40, we got to watch these lows in here.

Now the question is, and I haven't seen it yet, but I'm sure.

You're probably wondering if this was a trade day where

we would have taken a trade.

Would we have sold it at 31 40 or would we have sold it at, uh, uh, 31 33?

The ideal scenario would have been at the numbers.

Okay.

At the numbers release, if it would have shot up into 31 40 without making any more

movement, lower, that's the ideal scenario for it to run down and hit the cell stops.

That's that's the ideal scenario.

The fact that we pressed lower initially reacted to numbers release.

That's not what you want to see.

And the more time it takes before it starts to go, uh, hi.

The less likely it is for it to go lower on the day.

So if we, if we can hold price at bay at 31 48 or 31 50, will we have

closed in this small little liquidity void in here, and it's not too much

of a void because we have this candle here in this candle here trading.

So we only had a small little exposed area of, well, in

reality, it's only been there.

Because we have this candle here and this Kayla here, so we have

small little piece right in the air.

So we, maybe you just gunning for 31 50.

So that's watch the response at 31 50.

If we get it at all, I just don't see anything over here that

gets me, uh, to, to an anxious about seeing support for them.

Dollar's still stuck.

Five are still sleeping.

Uh, Stevia that is not germane to today's discussion, but I'm glad you

spoke up because I was, I was trying to reach out to you, see if you would

be willing to have a panel session.

Um, I'm not trying to have a lot of these, but, uh, you're like the oldest

student of mine from back in the nineties.

And there's been interest, not just recently, but there's always been

interest from folks that want to know, you know, what it was like.

So, if you are ever, uh, if you have time, you know, I would love to be able

to, you know, have a short conversation with you in regards to contracting

what you, what you learned and how I taught those lessons then and now,

okay.

Watch this one here.

Because if we go through this 31 50, it's going to snap into 31 55 ish.

And then we got to see if it's going to have any willingness to get through

this, because what's this high here.

What's going to be about these highs here, here

we buy stops.

London ran through those.

We cleared those by stops out.

So what does that make this area?

More specifically what makes that down camp?

What's it make this down candle breaker.

So we have to watch and see if the orders they use to run the stops above here.

If they're on the winter, like the are here, they may need to come back up

to 1 30, 1 55, maybe even 1 30, 1 16.

And then we'll see if the online, those positions there and enroll over

and maybe run for the 1 31 big figure.

It doesn't have to get up there, but I mean, let's put it this way.

If the dollar is going to go higher, longer-term dollar, cat's

going to go higher, longer term.

So really they could keep these orders on their water the entire time.

It trades all the way down to the 31 big figure.

It's not going to hurt them because they have deep.

But near term, we all, as a trader, we always have to consider ourselves

focused in on this type of price action, because it is a breaker.

That daily chart does not look good to me at all on a dollar cat.

It just looks like it wants to go lower.

I mean, it's nothing that would be clear.

Nothing.

I mean, absolutely nothing clear at all about wanting to go higher.

We had so many times pushing higher and it just failed until

we got above that 33 big figure.

When we, when you look at this order block right here, let's look at it like.

Relative to the daily chart over here.

When price came down here, we don't know if this is going

to be the order block yet.

When price runs like this, now we know this is a bullish or block, so that's how

we have to wait because simply wait for price action to give us any indications.

It smart money has bought that's the impulse price swing that we know

there's this there's been displacement.

Someone in here with deeper pockets have bought, so we know,

okay, 30 80, which is inside this.

30 80 should be sensitive going forward.

So if ever trades back down to 30, 80, we can be a buyer

price runs through this high.

So now we have a really good high probability scenario.

Price comes right down to 30 80.

Notice how that's the first return to that down candle.

That's the one you look for.

That's the one that everyone needs to be focusing on.

Whenever you identify an older block that shows a strong impulse price swing away

from it higher or lower doesn't matter.

As soon as it returns back.

If you're looking at a daily or a four hour chart, think about the timeframe.

You're going to have a lot more magnitude of a price swing because of the nature

of it being a daily or a four hour chart.

So if we see a return like this on a daily chart or four hour chart,

even if this thing goes lower.

Okay.

Cause there's no, there's no guarantee that this order is

going to hold nothing ever.

It says that, but if we focus on daily and four hours, Th the frame bullish and

bearish shorter blocks by doing that.

Okay.

By doing that, it will offer many times a tradable bounce, and that's all you need.

You can get sometimes a hundred pit bounces on daily setups like this,

and you don't need the full 100 pits.

So I was showing you in lessons two and three, over the weekend, you

don't need all of the rains that you identified as potential profit.

You don't need all that.

And to do very, very.

So this first return in the, your block, that's where all the

high probability scenarios occur when you're trading order blocks.

The first return is the one everyone needs to be focusing on.

Okay.

Um, if, if this price swing here, would've violated this short-term high.

This would have been the first return down to this bullish order block,

which would be the down Caitlin, right.

For this up move.

But because we only closed in the range up to this point, I'm

not terribly excited about that.

Now I can still do that.

I can still one more time punch up here and hit that.

And that would be a study for you.

It'd be for you to take that experience and log it as, okay.

I seen this happen before, and that's what the benefit of us

doing this on a daily basis.

And we're not going to be spending another five more minutes and

we're gonna close this session.

But when we have a market environment like today, It makes it a little bit

trickier and we can't be, uh, focused on trying to drive a hard, uh, trade.

Like we had to force a trade.

We can't do that because there's so many speeches.

Every everybody's waiting to see what's the next shoe to know fall.

Uh, the question is, is if it makes a second return to an older

block, it is still a viable trade.

And I said this before in the past, uh, if you've missed it, not say it again

here, and we will talk extensively about this as well in month three.

But the, uh, when you're trading on daily or four hour charts, I will allow a second

return to a bears or bullets over block.

And they'll still be good.

But after two times, I don't like that even on a daily or a four hour.

I don't like that at all.

If they're going to take it to that level on a daily or a four hour,

there's going to be real orders there.

And if they have to keep coming back down to get those orders,

that's not good because that's the nature of a propulsion candle, which

is a higher bullish order block.

That's going to be subordinate to a lower bullshitter block.

In other words, it's going to be another retracement higher.

And if the move is going to be good, they'll just capitalize a higher order

block that happened after the initial one.

You know what I mean?

Like.

This one, here is the parent order.

Block price comes down and hits that we should see a rally.

It does, but we have this big range here.

We can't use that one anymore.

This is too big.

So we got to break that down.

We like to look into a smaller timeframe.

We can't, I don't know if I can see it in here, but I'm not gonna spend time

doing it, but you can do that as well.

Look at your, uh, September 28th and see if there's a smaller order block

in here that price responded to.

It's hard managing these little boxes all over the place.

On my end.

The, uh, what is that?

October 3rd.

Okay.

October 3rd.

See if that reached down into something on a smaller timeframe.

Okay.

For a dollar CAD defined support, older block

right in here.

This order block is supporting it to this one.

You see how we pray?

This price came all the way down into the middle of this one.

You see that this candle right here came down right into the middle of this one.

So it came back and hit that one.

But now, because this is a higher one, plus we have another void.

This should offer support.

And that was the reason why we saw that last buy in.

Okay.

Dollar K rallied off of that.

So that's what I'm saying.

I don't want to see it come back down here.

That's not good because it would violate this one.

If it's going to violate this one, it's going to be wanting to

go back to this foreshore block.

Why you don't need to do that because they've already offered an opportunity

to be buying it again around 1 30, 1 40.

So why should they lose all that ground to come back down in the 30, 80.

Th they're that greeting now, they're not that they're not going to do that.

They're going to, if they're going to take it down, they're going

to wipe out that order block.

That's being noted here to take the stops out because there's going to

be more trailed liquidity in the form of cell stops below that low.

And if they drive it through here to go back down to fair value, this

order block will be the first time it trades back down to that one.

Notice that, so this price swing here.

All the buying they did here at, uh, 1 29 30 to 1 29.

Well, yeah, well, let's call it twenty nine, thirty to 29 20 that

they bought here on in September.

That would be a really good level to expect buying it.

Even if it doesn't go above 33 big figure again, it still should be sensitive.

Does that make sense?

Do you understand what I'm trying to lay down for?

You?

Even the fact that it's a daily or four hour, you don't want to see it

return multiple times if it does.

It's not as bullish.

Okay.

97 70 cell stops are in range.

So just be mindful that we're looking for that $1.

And if we get some experience on the downside, we have the opening on 96, 62.

And again, we're looking for the cell stops below 1 31 big figure.

I'm sorry, what was your question?

I didn't see it last week and I apologize that many of you probably

do send me questions in here, the ignoring you, and just when I'm watching

price, I'm really just focusing on.

Okay.

There's a one shot, one kill set up every single week on every single pair.

So right now, if you were looking at dollar cat, say you just turn, say,

just turn your chart on right now.

Okay.

You opened up your charts right now.

Immediate feedback.

What's your, what are you anticipating?

Where's the liquidity.

Where, where should the market.

I appreciate some of your honesty.

Some of you were saying, I have no idea.

That's okay.

That's why you're here.

See this down candle right here, right before we saw.

This damn candle right here.

I don't see that as returning to mean threshold of this

down candle as significant.

And the reason why is because if this wasn't on a block and it is, it's

always going to be an Orbach because we saw price move away from it.

They already capitalized on that means threshold.

Right?

How do we know the order block is valid.

In other words, when does the, when does the down one cannot become an order block?

This is the session, uh, marker for your notes.

When a down candles highs violated, it's all it takes.

It's got to break that down.

Campbell's high.

It does that on this candle.

Very next.

So as soon as that occurs, your attention goes right to the middle

of the previous down candle.

That's where your focus is.

That's the mean threshold.

Okay.

As soon as that happens, you wait and see this price.

Want to get back down there because that's going to be equilibrium for the buyer.

For the bullet, shorter block price goes away from it.

It goes right back down to equilibrium or the main threshold middle point.

That order block then does what goes higher.

We have an impulse price swing.

So now you go back down to the last BP body candle.

That's down.

That's this one here.

Draw it out in time.

You get the, the, the hit right here.

It rallies again, these down candles here.

Okay.

They don't get violated until this candle right there.

Right there.

It gets above this candle's high.

So, when that happens, then you can go back down to this candle here.

Okay.

If price trades down to this candles opening, I can be a buyer again.

And it happens.

It happens right there.

Now this down candle doesn't get violated until when this candle right here.

So if you go back down to this candle here, draw that out in time.

If it hits that opening or the high gain, you could be a bar.

It does it on this next candle.

Notice it opens here, trades down into the orange.

And then rallies through.

Does that make sense?

That make better sense on understanding what the order blocks are?

If you're, if you're expecting an up move and you're looking toward an

order of block that's bullish, you can not even consider it until the

candle immediately after that candle closes that you think is going to be

an older block, the next candle, as soon as it trades through its home.

Or the dental candles high that you are expecting to be a bullish order block.

Once that happens, you immediately go to the main threshold or middle of

the down candle, and you start waiting for price to trade back into that,

especially when you're using higher timeframe charts, like the monthly,

the weekly and daily and four hour.

You don't need to wait for the impulse price swing.

If you know what you're looking for, you can trade directly,

right from that immediate.

Like in this case here, you can expect these types of moves to be

significant on a higher timeframe chart.

You don't need to wait for that big, long price swing away from it.

So, which is what, I'm sorry, Mike, if it violates the first one, but if

you take them both via like the main threshold, if you take them both,

I don't know what you're asking me.

It doesn't matter what timeframe the question is it look, um, in regards to it

being a 30 minutes, it's, it's not, it's not, it's not that big of a deal in terms

of price, because if you understand what you're looking for, like for instance,

we're looking at the daily chart.

Okay.

The ideas on the order blocks are going to be more powerful and more sensitive

on the fact that it's a daily chart.

When we go into the lower timeframe, the lower timeframes, you can see

order blocks, fail a lot more in the lower timeframes because the stops are

not considered as much when you're, when you're looking for just the

order blocks and the lower timeframes.

There's going to be more focus on liquidity pool.

Higher timeframes.

You're going to find it.

It's going to be a lot more influence on price action between

the order blocks, because that's where the orders are residing.

So when you're looking at lower timeframe, this is why it's important.

This is the only thing that's really salient about lower timeframes that you

have to keep in mind, lower timeframe, like five minute and 15 minute timeframes.

You're going to see a lot of roadblocks that will fail and it will frustrate you.

But when they fail, they're only going down to take the stops out

that you didn't consider when you were looking at the blower.

There's a one shot, one kill set up every single payer every single week.

Yes, but that's not the equivalent of saying, uh, the entire range is going

to be between Tuesday and Friday.

That's not necessarily what I'm saying.

One shot, one kill is were in my definitions.

That's given me a 50 to a hundred pips.

That I can easily identify in advance and map out and then trade.

No daily or block.

I'm sorry.

Once I one killed trades and not always at daily order blocks, they're going

to be other, other things you'll learn.

Um, what I was just mentioning about the lower timeframes is everyone wants to

look at like a one minute or five minute or block and constitute trade on that.

And many times you're going to see on the lower timeframes, if you

focus on where the stops are, you're going to see those in environments

that be more, um, centered.

And then use more reference points from the daily or blog perspective

on the higher timeframe like daily or four hour in the beginning.

When you first learned this stuff, you're gonna look at every up candle as a sell.

And every down candle is a buy.

If you're looking at like five minute charts and if you're right and your

directional premise and your institutional order flow on the hard timeframes.

Yeah.

That you're going to have a whole history of, of winning

trades that paint out wonderful.

But even in those conditions still, you can experience a run on intraday liquidity

folks that are trailing their stops.

My guys mentioned earlier, if we would have ran through that

initial high here, cause that's where all the cells, I'm sorry.

That's where all the bus stops are residing right here, right

above this short term high.

And I wouldn't be surprised if we'd gone through that.

Hit that level here into the breaker, trade up into around 31

55 and then it could probably roll over and go down for the seller.

But there's been no real run on stops date.

I mean, look at the entire history here only on a, on a day.

It's all been one-sided since London and no run on liquidity, right?

There's been no, Ronald stops intraday and we're in, and we're

in the heart of New York right now.

So it would be reasonably expected to see it run up there and take those stops.

And.

Now let's play devil's advocate.

Say it goes through the breaker here, say it goes right on through

it and screams right through it and takes out the London high.

What do you do in that scenario?

You go to the sidelines and you do not do anything.

Because all he did was run the stops on the London session.

And now you don't know what direction is going to go because you have

speech is a heavy the rest of the day and you have that minefield laid

out there and everyone else will be mad trying to make their money back.

And it never will.

It never happens for you.

Yeah.

I'm not going to repeat that one.

Yeah.

That's usually what happens for a charge move mover.

But when it does happen and say you have a short on, or if you try to sell

the breaker and it blows through and hit your stop, there's no reason to

chase or get mad and go back in and try to get revenge, you know, minded.

You just simply wait for it to do what it's going to do.

And you be on the sidelines.

Don't don't offer it to any more money.

Cause it will take it from you.

You're you're yeah, you're going to learn exactly what makes me focus in

and dial in on a specific word block.

And when, like, if you look at the free tutorials, it's real,

it's real easy to come away with.

Well, I can find this order block here and I'm going to buy that one

and I can see this order block.

You're not gonna sell that.

And I left it intentionally gray.

I want you to not see everything in the free tutorials, um, because it's

going to require you a lot of work to see this on your own, but once you get

it in, but some of you would have never gotten it on the free tutorials, but

even if you had a good, a risk model behind your trades, you'd still make

money with the information I gave you.

But the mentorship.

I'm actually going to go into detail.

What specifically constitutes the order blocks that I will trade off of

just highlighting them here in live sessions has given you experience

about what to expect and that's what framed how I learned it, but there's

a, there's a specific criteria I look for that I only trade on specific ones.

Oil plays a lot to do with Canadian dollar.

That's why we watch the oil inventory numbers.

Yes.

12 months is certainly enough to learn everything I intend to do.

Anything less is not enough

So in summary, what we're going to be watching is the CAD have the steam

to get up to 1 30, 1 55, and that will be a breaker if it hits it.

Okay.

If we hit that, we'll look for.

Priced a roll through and aim for the 1 31 big figure cell stops.

Um, it would've been nice to see this run initially at the release of the numbers,

but we had to wait around in here.

Um, it could still stay down here.

It doesn't have to run the stops.

You know, they may think they won't, they may, they may allow these, uh,

they may not be enough liquidity above these highs right now.

So they may, they leave them intact and maybe even drop down here by doing that.

It leaves the cell stops above the London high and.

Above this intraday high as well.

So they can start building them up in any one that was already short.

They can trail your stop loss rate down here.

And another scenario would be this.

They could expand down, take this initial low out and then jump up here and run the

stops here because anyone that's good.

If they're going to sell it off below the 31 big figure, they're not going

to go back up to London to do it right.

Okay.

So to get these folks to come down to them, they'll drop price down, take out a

low here, and then what's going to happen.

Is everyone that's short is going to drop their sell stop.

I'm sorry.

They buy stop.

Rather from these highs down into a short-term low, which would be right

here exactly where the breaker would be.

So they could take it down here, take the short term, low out and then gun

it, blow out the buy stocks they can sell right into neutralize breaks.

All their orders that were used to buy here.

They could neutralize all that in here and then roll it through

in, in gun for 1 31 big figure.

That will be a scenario that would be, uh, expected as well.

But I'm going to leave you to this.

You guys can monitor it the rest of the morning.

Um, again, liquidity, we're aiming for a study.

One big figure, sell stocks below it and nothing in here.

Nothing in here gets me terribly excited about being a buyer.

Okay.

So I'll give you a daily recap today around three o'clock,

it'll be online and we'll review what we see here on dollar cab.

But again, because of the speeches today, um, nothing in way of high

probability and low resistance.

I mean, the only thing we have here is the liquidity below the 31 big figure.

And you can see we've already spent a lot of time going through.

We're stuck inside of a 20 PIP range.

So again, that's what we avoid.

We don't want to be in these environments because they're very frustrating.

We want to be in markets that are very quick.

They give us velocity where we can get her in, get in, get out

and make our money, move back to the sidelines where it's neutral.

Okay.

So take this log.

This information today, I gave you a couple of bits of

information, I think is going to be important to you going forward.

And if he only wants to free tutorials to concepts that this

mentioned in regarding the order.

Uh, the amplify, what you've already learned in the free tutorials regarding

bullish and bears order blocks.

And I will get back with you later on today.

I'll send you a tweet on Twitter when the, uh, the recordings online

for those that came in late today.

And also I'll tweet you when the prerecorded session for recap

is owned by three o'clock today.

Again, wants this breaker guys watch it.

Okay.

Have a good afternoon.

I will catch up with you again and tomorrow.

We'll do a live session in seven.