Original subtitles

okay.

Welcome back folks.

Okay.

We are continuing our series this week for aiming for 6% return for the month.

I think that's a good, low end objective for a aspiring trader,

even if that's all you ever amount to do, as far as consistency, it

blows away everything out there in terms of managed funds and all that.

So we, uh, I sent you a tweet regarding the British pound

USD, something to study and.

We're going to cover that real quick.

And we're looking at a dollar.

You can give you something that's salient for right now and recap what

I was leading your attention to.

Um, everyone that's new.

Obviously they, uh, they have some work to go through for the September content,

but we talked about a specific idea or concept as it relates to liquidity runs.

Now liquidity runs are going to be.

Your bread and butter trade.

They're the ones that you're going to find them all the time in the charts.

They're in every timeframe, you'll be able to see these in every

well, just about every trading day.

There's one that's forming.

It may not be in the payer that you're looking at or studying right now.

And that's good.

That's why I want you to focusing on just one payer, because there's gonna

be times when there is no setup and you have to wait in that waiting room.

Okay.

That patients factor is essential because you need to understand when there is no

opportunity in the opera, in the pair you're trading and exercise patients

don't force your will on the marketplace.

So what I'm going to go over today quickly is the present condition on

British pound and the dollar index.

And then we're going to take a look at how we can go in and start framing.

Yeah.

That could help build our 6% goal.

It's going to be kind of brief this morning.

I'm already warned you ahead of time with the duration with why a Brock

bracketed out the time nine to 9 45.

So let me try to do it in 40 minutes.

Uh, very little, uh, uh, to talk about specifics because

it's pretty straightforward, so let's get right into it.

Uh, I sent it a tweet.

Highlighting the liquidity pool, which is taught in the, uh, September content.

And there's another liquidity pool risk resting below these lows here.

Now,

if we look at old lows, especially on a daily chart, and I'm going

to ask this rhetorically, I'm not really following on the questions

box, then there's some of you, right.

Posting stuff.

If I look at that, it's going to make this session a lot longer than it needs

to be, but we have an old, well, and we have another old over here who, who

trades primarily off of a daily chart, smart money is banks, large institutions.

So if we understand that that's the, the animal that lives.

See that Brexit thing screws me up.

I got to get that out of here somehow.

Well, don't have to stay like it is for now.

This low has cell stops below it.

In this low has cell stops below it.

And one of the questions I've got was how do I know that there are cell stops?

If I reading something, am I getting private information?

Am I getting some kind of information directly from an institution?

And it's it's this it's obvious.

Okay.

Whenever there's a low that's formed in the marketplace and price

starts to expand the way from that.

The understanding is this, this is part of the role playing model that I teach you.

You have to assume like a market maker that when the market rallies

away, somebody, some entity is long.

And if they're long, they're going to be looking for protection on that, on that

long position, just like anyone else.

If they're long, they're going to protect that long position

with a sell stop below a reset.

Now how far back in terms of that low they're going to look

for is relative to the amount of risk you're willing to assume.

But since this is a major reactionary low, in other words, this is the

obvious turning point on this timeframe.

Just like this is an obvious turning point.

This is an obvious turning point.

This is an obvious turning point.

Here's one it's obvious.

Here's one.

That's obvious.

Here's another one.

Here's another one.

So when we look at those reference points that just literally jump off the chart.

They're the ones you're primarily focused on because that's the one everybody

else's eyes are going to go to as well.

And because of the nature of how obvious these highs and lows are

relative to the daily timeframe, it makes identification on liquidity

pools, which is above and OHI.

It's by stops because our assumption is when the market's dropping,

some entity is shortening.

So they're going to protect her short position with a stop in the form of

a buy stop, just like anyone else.

They're going to protect it with a Bi-State rest of and above in Ohio.

And now understanding this as if it goes to that high and they

don't want to incur more loss.

They're willing to submit to the idea that they were wrong.

So above old highs is by stops and below old lows.

They are cell stops.

What makes a low resistance liquidity run high probability is the fact that we've

only got one turning point right here.

And it didn't spend a lot of time there.

It was, it hit that level and then traded off of it.

So as we started consolidating, okay.

See, I was consolidating in here right before it punched down below this.

We're going to talk about, and I saw your question, Thor or comment about, uh,

not, uh, not being willing to see this as a long in here and we'll show you why

that was actually a viable, uh, condition because it's off of the daily chart.

But when the price is ready to expand, many times it'll go into consolidation.

And because of that, Interbank, uh, I'll go the way it delivers price.

It will offer the market a tight consolidated range, allowing

participants to build in orders above the short-term high would be by stops

below this low would be sell stops.

The essential takeaway is where's the least path of resistance to

get the next level of liquid.

The market has been dropping.

You have this level down here with a big pool of cell stops below the marketplace.

Is this market most likely going to stop here and go straight up?

Not likely now, obviously some of you and especially the new folks that

weren't here watching daily in September, when we were talking about movies

before it happened, it's important that you understand conceptually

that before big moves happen or when these big runaway moves take place.

There is a consolidation that takes place.

Then it's a little pause or a little trading range type idea.

And that sets up the big neck, uh, the next big sprint, uh, price swing.

So if the next price swing is aiming, most likely for these lows in here,

because there's a sell stops below this, for those that went long and bought

as this starts to drift down in here, these orders are the next logical.

And if we get down to that level here, is there anything early

over here supporting price?

Because the bodies of the candles on this swing low have already

breached the bodies of the candles.

Here we identify and we're aware of the wicks, but we're more primarily

concerned with the bodies of the candle.

So this, this swing actually violated this low, even though it doesn't

look like it, it did because the bulk of the volume is in the box.

This expansion is all going to be different.

And I'm going to give you an example.

What I mean by that?

If we look at the, uh, the delivery of price for July 6th, 2016,

the low on this feed is 1 27 90.

Okay.

1 27 90.

So if we were to tweak our respective low for that, given.

I guarantee you there's going to be a wide disparity between everyone's data

feed, because it was a run on liquidity.

It was an expansion down to run stops.

So every broker or every, uh, uh, liquidity provider that you operate

through, they're all going to have a different low, because they're going

to expand through where their book is so they can see what in their

own house of, uh, private liquidity.

They can make a run on their own customers and that's allowed by law.

They can do that.

And you sign over the rights.

Uh, for them to do that, when you sign up and open up an account, you're basically

saying, take my money when it's available.

And that's the nature of this business.

So not only are you competing with just the general price action,

but many times you're actually dealing with the competition of your

broker, which will cannibalize you.

So when we see this low here, we're not specifically looking

at the low itself, we're looking at the bodies of these candles.

Okay, so to give you a better understanding, what I mean by that

is this low is really in true form.

It's this that's the actual low, these wicks are just running for liquidity.

Now we have to be aware of them.

I'm not saying that they're not something to be monitoring, but when price

trades down through it, okay, this is essentially a run on this low right here.

Even though we have two wicks that went lower than these

bodies, and essentially this.

Went below this low here, this actually cleaned out the liquidity below that low.

And we'll talk more about that when we talk about institutional

pricing, but for now let's keep our discussion focused on the actual lows.

Okay.

Cause everybody else is going to think about that too.

So we have price consolidating rate above an old low, and we know that

there's a sell stocks below it.

If it gets to this low by running down.

Yeah.

Okay.

And expands lower.

It's not likely that it's going to come down just below this low

and then reject and go higher.

It's going to go for the next close proximity for liquidity, which would

be this area over here on this low.

Okay.

So when I tweeted the chart to you, let me see if I can get this little

bugger shifting over a little bit, so I can work with this chart.

There it is.

I'm just getting there.

It is.

Thank you, Jesus.

All right.

So looking at this chart, we have the low again, focus on the bodies of the candles.

It's cleaning out the lows here with the bodies, not these long wicks.

Don't pay attention to.

You're looking primarily at the bodies of the candle.

So we cleaned that out.

Okay.

And we talk about turtle soups later on in, uh, mentorship

and, uh, rejection patterns.

You're actually going to see, this is being taught to you like this.

It doesn't necessarily need to go through the wicks and that's, that's

my, um, I guess my deposit into what I learned from the street smarts

book, uh, by Larry Connor and Linda rash, uh, they, they sent a wonderful.

To the trading community in the form of a turtle soup, uh, break

false break above a 20 day high or a false break below 20 day low.

And while I don't require that many bars or that many candles to see, uh, uh,

a trade set up, I can do it with just five candles that doesn't need to be 20.

And by having that big, this right here, this low wouldn't

be seen as a turtle suit.

And by definition, that was described in that book streets.

But the way I view price in a way I'm going to teach you is that this

is actually turtle soup because it's a false break below the bodies

of these candles to the bulk of the volume in this turning point.

Right.

It's actually seen in the bodies.

So that's why we spend very little time looking at Wix.

The only time we pay attention to wicks is when we're looking at fair value gaps.

They're not going to talk real specifics about that this month as well.

I only introduced it last month, so you're going to get a lot more detail.

And when do you use the body of the candle and the Wix?

All that's going to be explained to you this month.

A problem that they're struggling with that makes it'll all go away, all the

free content that I didn't give you.

Okay.

It fills in this month on regards to border blocks.

So we have the consolidation in here.

Okay.

Prices in consolidation.

And it's doing this rate above an old low.

Now this old low has down candle right before this expansion.

So this down candle, we know that who buys on the market goes lower, smart

money banks, large institutions, because they have to buy when prices going lower.

That's the only way they're going to get efficient pricing.

Otherwise, if they bought lots of Dillon here, the volume that they're trying

to price in to their orders, there's going to get so many inefficient fills.

It.

Won't be a good.

Averaging in, on their own, their position.

They have to get as close as they possibly can to a range of

average pricing for their orders.

Otherwise they get in a lot of trouble.

So to do that, they have to do orders buying when the market's going lower.

Okay.

So when banks buy, they're doing them.

When, when the market drops aggressively into a level, you're

going to need to learn that.

And we've got a lot of exercises that help you discover how that's actually

the most efficient way of doing it.

You don't want to be buying when the market right.

And then for some of you knew that just signed up, you probably know what it feels

like to see these types of moves here.

Then you want to be buying it.

You feel comfortable buying it.

Then you're going to learn that you need to be buying it right when this candle is

all the way boldfaced down, not when this WIC forms, when it's down here, that's

when you're going to be looking to buy just as well as when this down candle

here, we identify that as a potential area of institutional order flow with buying.

By orders.

Why would we expect that?

Because there's a big move off that low.

This is the last down candle.

So we referenced that over here.

So to answer your question, um, in regards to why that one trade wouldn't

be a good, uh, viable trade, yada yada um, you look at the daily chart and

you'll see the, or block reference points you have opening 1 29, 12.

The loneliness candle comes in at 1 29 20.

The loan.

This candle comes in at 1 29 13.

So it's working off this order block here.

So you get this reaction in here.

So this, this retracement into the bearish or block this up candle right

after this down move here that violated this low, this whole concept right here.

Okay.

It's crouching above an order block.

It means it's this palsy.

Letting orders build up.

So that way they can span price down to where the least area of

liquidity would be Westing below here.

Basically it's like this.

Think if you went along here and say, this wasn't a daily chart.

Okay.

And you know exactly what I'm about to explain to you, you know, exactly

intimately with S feels like everywhere.

You went along here, we're going to say we're assuming.

Okay.

And you went along, you held onto the position and you

got married to the position.

It's going to keep going up.

Then it starts to come down and you're thinking, okay,

it's only a little retracement.

It's going to keep going higher.

Then you see this and you're thinking, oh Jesus, let me see it.

Come back up.

I want to get out of this thing.

And it never does.

Then it goes into this pattern here and the whole time your

stop-loss is below here.

So this whole point at which it's doing this, this is all a psychological ploy.

Okay.

To allow sentiment.

If there was no stop-loss placed, they're going to play some here

because people do trade without stops.

But if they hold price here, those individuals that did not

have a stop below that low will now put a hard stop in there.

See a bank, can't pay her up against a mental stop or a hypothetical stop or a,

well, if it goes there, then I'll execute.

It has to operate as a counter party against the.

So everyone, that's in a long position here and it's still

being held in this condition here.

They're going to have that, that squirming feeling of an anxiety, all

that stuff that they know that their stock's about to get hit, but they

won't get out of the tree or traders that will not relinquish the idea okay.

Of this trade.

They stick to it, they marry it.

So then if they didn't have a stop loss, they'll put it on an X that low now.

So this is all engineers.

Okay, this is all engineering of liquidity.

They won't let it go down there and below that low, because they want

to believe they want rather, they want traders to believe that there's

liquidity safety in the form of putting their stock below that low it's.

Okay.

Don't worry about that.

That's that's where it should be because they're the banks

and the, the, the market makers.

If they, if they even know what a market maker is, they're just

going to be nice to them that day.

And it does scare them, but they won't take her stock.

Well, that's not what happens in the price.

Obviously you want to hit, so.

We're a block and where they can reprice new shorts, then they expand

price going lower and true to form.

If we're going to take that low out here, they're going to run this low as well.

And you see that here.

That's what the tweet was showing and identifying where the

market's going to reach for first.

So you're going to get a lot of that stuff as we go through the mentorship

and their opportunities for you to study on a lower timeframes,

four hour, one hour, 15 minutes.

If you can, if you're able to do it, if not live, at least do it on.

Hindsight basis after you get home from work or whatever you're doing, and

that keeps you from watching it live.

So having this understood.

Okay.

And this being a low resistance liquidity run, meaning that there

is nothing, but this one little turn preventing price to expand through that.

Okay.

Contrast that with, we have this whole big block.

Yeah, this big block of price up in here.

Okay.

This runs through all of this, the buyers of candles in here.

This is actually right here.

This point from this point here to here as identified as a

high resistance liquidity run.

Now in the lower timeframes, this little portion of price action becomes

a low resistance liquidity run.

So it's going to be relative to the timeframe you're looking

at, but looking at price down.

It's got to get through a lot of price action to get above those

highs in the bodies, not the wicks, the bodies of the candle.

Okay.

Now what else is describing relative to these bodies down here and this swing low

swing through it, taking out the lows of what will be formed with these bodies.

Turning here.

We breached that by the bodies of these candles, then expanded

higher the bodies of these candles.

Okay.

That's all was necessary to run through.

Notice that this high here.

Yes, it went above the previous high, but it didn't go through these wicks because

the bulk of the volume on selling is all seen in the bodies of the candles.

So that's all that was necessary there.

So on a lower timeframe, this is actually a low resistance liquidity run, but in

re in regards to the current timeframe, if we were looking at price right

here to get above these highs here, it would be a high resistance liquid.

And you have to treat them differently, different parameters, different ideas,

but it's still a trade that can still be taken, but you have to understand

the context of what you're trading through and it low helps you lower

your expectation in terms of the magnitude or the velocity of how far

price will go and what speed it moves.

So let's look at this real quick, it's break it down and I'll give

you some examples on how you can go in and start looking for 6% setups.

Uh, let's go into.

Hourly chart.

Now, if you kept control, why on your empty four platform?

They get the record day dividers.

And obviously we don't use that, but it gives us the, uh, th the retail

perspective on what the day looks like.

We always go in with

identifying where the midnight candle is.

I'm going to keep these blue to save time.

You'll just have to allow me that luxury today to save time.

Okay.

So now we can take control.

Why off?

Okay.

Now we've defined the daily ranges.

Okay.

This is true high, true, low and close dead time.

Okay.

Too high.

Whichever is higher in here.

High comes at 1 24.

1 28 52.

So this is a high today here and price expands lower these

levels, these horizontal lines.

Okay.

All they are are the liquidity pools that were identified on the

daily chart we just came from.

Okay.

Let me drop back out to a deal just so you can see what we're talking about,

because I may have lost some of you.

Okay.

Is the actual order backlog.

So I messed that up.

The low here and the low here.

That's where identifying here.

So then we go back down into credit and debt.

Okay.

So here's the price moving below that first low, where liquidity

would be resting below it.

Okay.

Price goes through it.

Dips down.

We have one low it rallies up a little bit.

Drive through again, takes the stops out.

What was breasting below this low here sell stops.

Okay.

So once the cell stops.

Now, this is for your notes.

Okay.

This is one of those times where you gotta be using your pen.

Can we use a pencil?

I guess if the market is predisposed to go lower.

Okay.

If the market's predisposed to go lower and it expands them as it should,

and it clears a level of resistance.

I'm sorry, support.

This is what we're seeing here.

That level here, it breaches.

It expect a minor little.

And then hang around it and maybe even retracement, that's a normal reaction.

Okay.

It'll come up a little bit and then you want to see, does it

want to drive below the low?

It just creates once it breaches that initial low,

that's what you're seeing here.

They retrace this a little bit.

Now here is the millionaire making concept that you need to be aware of.

Once it dries down again, after the first run through support, once it runs through

there and then bounces, there's going to be buyers that think this is going to be.

Because traditional support resistance says that this low here that we referenced

on the daily chart, all you have to do is put a horizontal line in your

chart and then just it's that easy.

Just buy it when it gets down there.

So when they offer that little bit of a rally, people are going

to be buying the MML, put their stop loss rate below that low.

You're going to wait and see if there is an opportunity for them to run

back down there and get those stops.

If they do.

If they do that, you know, that there's most likely a stronger opportunity for

them to keep expanding this thing lower because they're killing those individuals,

trying to catch a low that's tipping that essentially tipping their hand to you.

If we were at a poker table.

Okay.

And the smart money was on the other side of the table to us,

it'd be like them saying, okay, here's what I'm holding right now.

Here's my cards in price action.

They're giving you all the indications that this thing's wants to go lower.

The retracement higher off of the first support level.

That's a normal characteristic.

Now.

Sometimes they won't even do that.

It'll just drive clean right on through the level in the morning and turn back.

But if it gives you these opportunities, you want to see it

bounce there, come back a little bit.

Once it blows through those lows.

Again.

Now you're looking for markets to go back to Fairview.

What's fair value.

Well, I taught in September.

What that is is the market's going to expand and create a one-way movement,

which is you see here one down candle, two down candle, three down candle.

Okay.

So we've created a small little liquidity void where everything is all one-sided.

There's no up candles in there.

They've only offered price on the sell side, lower, lower, lower, lower, lower.

So if we go into this price action here, after we identify something,

okay, we're going to look at specifics in here to get 6% a month.

You only need one set up per week.

You only need one.

The things I taught you in September, we're going to build on each one of those

components over the next four months.

When we get to the seventh month, when you get into more detail about

things that you haven't learned in a pre tutorials, it will be very quick

for you to go in and see the charts and say, okay, there's an opportunity.

And more importantly, you'll be able to look at the chart and say, you know what?

I have nothing to do right now.

And I got to turn the charts off that that's, that's the discernment

you're going to have, but when we see price action, giving these

opportunities like this, yeah.

Fred, number one, you frame the levels of liquidity on the daily chart.

If you trade with those levels, you're going to get the highest probable setups.

It doesn't mean that there won't be opportunities on

the lower one hour charts.

Okay.

That's set up that you will see takeoff and will be a part of, but

if you want this trade with the highest degree of institutional

sponsorship, that means that the banks are actually behind the moves and

they're really going to push price far.

That means you're trading bigger magnitude trades with

higher velocity what's velocity.

How fast the market's going to move away from that.

The market can't move fast away from something that's on a five minute chart.

If you're seeing movement on a five minute chart, it's fast.

I guarantee you you're finding it on something that's relative

to a daily or a four hour chart.

And what I mean by that is something providing support or resistance relative

to a daily or four hour price does not move off of a five minute chart.

It's just reflecting price action.

But price is designed to move off of reference points, institutionally

that's on the daily and the four hours.

So, if you do majority of your analysis, and some of you are actually

concerned about this because I do a lot of intraday talking and teaching,

but it gives me, it gives me a lot of opportunity to give examples.

But if you listen to what I'm telling you here, daily and four hour levels

are essential for your understanding, regardless of what kind of trait you are.

I mean, if you're going to be a day trader, it's going to

make it even better for you.

If you're going to be a swing trader, it's obvious it gets where your trades going.

If you're going to be a short-term trader, you've got the best of both worlds.

You have the blending of what day trading can give you for

entry with swing trading setups.

So you can do very, very short-term trades with high payouts, with low risk.

So you can do a lot more gearing with short-term trading day trading.

You've got to keep that balance a little bit and don't get too crazy with the

risks and obviously swing trading.

You got to really keep the risk low.

So, if we look at this, we see price run more, one more time below that low.

Okay.

So if we see this, we've seen them make a run on the liquidity below that initial

loan, a daily chart, then they have a real, a retracement, and then they run

one more time for those individuals that want to try to buy the low.

When you see that they're going to create that quick sudden rundown.

And when it happens, they've created a void.

In liquidity, it only offered the sell side.

They keep repricing lower, lower, lower, lower, lower to make a run on

the initial buyers sell stops when they come through those and then come back

up to that level again, if it can do it and we'll always do it, but if it can do

it, you should going back to fair value.

What did they do here on this up handle?

Who sells on up candles for up movements who sells in that smart money?

Now specifically, if we look at the range created by this candle,

this candle and this candle and blend these three together.

Now I don't have capacity to make a three hour chart, but I want you to

look at how the range is defined.

This is the actual order block.

It's the body of the candle here to the body of the candle here.

That's the bulk of the volume.

If we take that

and define it with the fifth.

Because he price goes right up in the equilibrium.

We allow to trade through a little bit that's normal, but

look at how the body look, how the bodies are being kept at bay.

This is only reaching up four stops on a lower timeframe.

That's all that is its protraction market.

Expanding up into an area just to get liquidity, but the bulk of the volume,

the body stay below that equilibrium price point, which is half of the range

that would be created by these candles.

Now, if we used the heart.

To the low,

you don't get so much of that.

You get disparity because you have the Wix and you're focusing too much on the,

in the, uh, the inability to hold price in the bodies that this, this WIC action

is always defined by stopped running.

So we don't care too much about the wicks more specifically,

the last candle we do focus on.

That is a bare shoulder block.

So as price goes back up in here, as it hits this moment right

there, inside of this low up to this body's candles opening.

Okay.

The body of the Canon, where it starts, and it's low all below

that point of opening down to the low, that is actually fair.

What's a fair value for its fair value for them to sell more.

They can't sell it down here.

The banks can't sell it down here.

They have to allow price, get back to an area where it's Mt.

It's.

It's economical for them and it's not ambiguous.

It's not something that's hiding from you in the charts.

It's very clear.

It's discernible.

You can see it repeats itself and you should expect it to occur here

because they've already cleared this low out on the daily chart

and they're consolidating again.

Now think we're in this little block of price action.

What's about to happen expansion.

And once it hits that level, it expands down again.

Doesn't clear the low, it just stays in the range.

So what do we see more of consolidation what's going to happen

as the consolidation expansion?

That's the only thing that can happen.

It expands out of the consolidation.

Once it starts to show a willingness to go lower.

Where's your idea in terms of directional bias?

Where's it going?

Because we've already worked this level.

So now this level is no longer salient.

Take it off.

It's gone.

Where's the liquidity at it's going to be below this low down here.

So every time you see the market, make a, uh, impulse price, swing lower.

Here's an impulse price, swing lower.

Here's an impulse price, swing lower.

Here's an impulse price, swing, lower taking what we learned in September.

All you're doing is you're looking for price to return back to fair

value, and you anticipate price to create new selling opportunity.

Every time it gets back up to the up candle for the down

move retracements in here.

It goes right back to the older block, right into the

middle of the order block here.

Fair.

Uh, um, that means threshold.

It respects that here then expands, runs the liquidity out here.

And then one more time, it goes back up to fair value where they can sell

it again at a bare shorter block.

And then boom, you exploded.

Clearing out the liquidity.

Now look, what's going on here.

They've taken all the stops out below that daily, low, the lower, low that

we've identified with the liquidity pool.

We expanded through it and now we're consolidating.

So we've already us.

We absorbed all that now.

So the most likely condition would be there's been no run

on stops above the marketplace.

Anyone that's short prior to all this.

Or post all this price, access, other words, everything to the right of this

high, there has been no runs on liquidity, on those individuals that are short.

You have a, uh, you have a short term swing high in here,

and it's also at that old low.

So the next area of liquidity would be right above this high 1 27 92.

So we got 1 27 95 to 1 28 big things.

And we would study this and watch and see if we get expansion

to run out that liquidity.

Now, this is an hourly chart.

It's not a lot of range there.

Okay.

But it's a, it's a way of studying it.

We have a down candle prices in close proximity to that.

We've already escaped the down candle so we could potentially

see this expand up to one 20 with essay 1 27 95 to 1 28 big figure.

Okay.

That's the next area?

Liquid.

At the same time this was occurring.

The dollar index was making a run for this high and it still could happen.

I mean, we're really w we're in an earshot of that.

Okay.

But look closely in here.

What I just taught you relative, the highs everyone's got this

high notable in their chart.

That's what the retail minded trading concepts teach us.

But this.

Is the actual high.

All these wigs are all gonna be different relative across the spectrum

of everyone's trading platform.

It's all gonna be different.

You can see how they cleared it out over here.

So in terms of looking at the highs, this high here is looking at it.

The high comes in at a 96 30 in this high, not that one.

This high comes in at 96 31.

So this high technically has not been violated over here.

If you're looking at the Wix, but I'm telling you, the reach for liquidity

is ready above this body as a candle.

That's the highest of the bodies of the candle.

And that's all you would need to aim for.

If you want to aim for higher targets than that.

When you're long, that's all on you.

I says, I'm not, I'm not that type of trader.

I don't go.

I want to know where the highest probability for me to offload where

the banks are going to want to offload.

So if they're long, they're going to want to take their positions

often scale out, and it doesn't mean their pricing in Hine or the top.

It just means that's where they logically take portions of their long positions off.

So let me give you an exercise and how you can start practicing

and looking for setups.

And then we're going to close this because we've got to meet with the people over in.

Webinar for those that study started, but they can't get their accounts set up.

So if we look at, let's go back to this, where are we at here?

Here we are.

So again, just have this in mind.

That's the area of liquidity next.

You dropped down to a 15 minute timeframe.

It's a little bit more clear this way.

Okay.

So price is broken a swing high here.

We have an impulse price swing.

It may not because it's too close in proximity.

May not allow it to give us a retracement, but if price was come back

down and touch the top of that candle.

1 27, 57.

If it hit that we could reasonably expect that to offer some support.

If we run a little bit here and take out this candle's high, we've

got to focus on this down candle.

Okay.

And you watch the middle of these down candles.

They need to be supporting price, but just for volatility study only you want

to watch and see if it makes a run on the stops here because has been no runs.

Right.

Any trailing stop loss orders for those that are profitably holding short

positions and it's at the beginning basis, points of the understanding

of how they determine where the next direction of price is going to go by

knowing where the next area of liquidity is, which one hasn't been probed.

Bruce recently.

Now, if you look at the setups, okay.

Every single day, you want to look at three days worth of.

Three days worth of data.

Now why three days?

Why, why do I just pick that number?

Well, it's been taught to you actually in the free tutorials for years.

If I talk about a pattern relative to a daily chart, and I say, um, if

I drew a try to draw your attention to a specific price point, I

said, okay, this is a swing low.

If I say a swing.

Is in the marketplace and I'm drawing your attention to it.

Was it?

What am I referring to?

It's three candles, one lower candle with a higher candle to the left of it

and a higher camel to the right of it.

If you understand that simple little price pattern.

Okay.

And it's not the bill Williams fractal pattern.

Everybody pops up on a chart up here and I'm not going to

do it here, but all you need.

Is this, you have one candle,

two, three.

Now this is obviously a perfect textbook swing low.

They're not going to look like that.

Sometimes you're going to have the low form, something like this, or

it could be something like that.

Doesn't matter.

As long as you have a candle that has a candle to the leftover of

the higher, low, and a candle to everybody, but with a higher, low,

this is a swing low or ring high.

We used to call before electronic trading, where we had to actually draw

our charts out with our hand and put the little open, close high, low together.

Yeah.

So.

Once we would see out sewing high, which is a high with one candle with

a lower high to the left of it and a lower high to the right of it.

What you're seeing is a swing high.

And when we saw this form on our charts, we would draw a little ring above it.

Now the significance is this.

Why do you have to look at three days?

I don't care if you're a swing trader.

If you're a day trader position, trader a scalper, okay.

This is where your attention starts.

Because over the last three days, okay.

Price has done something.

Now you may not have been aware of what price was going to do at the time.

You have no idea what it was going to do, but you can look at what it has

done to give you setups going forward.

If you see price on a daily chart, create this type of formation.

Here is this swing high.

Let me go out to a daily, real quick.

He has a lot of business on the internet.

Okay.

On a daily chart.

Here's our last swing high.

There's been no swing lows because we broke.

We broke it.

So this is a swing high.

We have a candle here.

We'll lower candle here to the right of it and a lower candle to the

left of it in price expanded lower.

So on a daily timeframe, this market move has been moving away from a swing.

Is yet to make us swing low on the daily timeframe.

And it's reached below this low here, like we talked about.

So institutional order flow is what on the daily chart, is it Bush?

It's bearish because we've created this swing high and we're expanding lower.

And we're reaching for this low over here, which we are cleared out and the

low, which I can't show it up to fill felt this chart that over here, this low.

So when, when we look at price, Every single day, you want to look at price

what it did the last three days.

And why is that important?

Because you're going to factor in the likelihood of a swing

high or swing low forming while you're looking at price life.

So what do I mean by that?

If we have the daily ranges referenced.

Okay.

And we're looking at the.

A Mexican would have to change the color on this.

Otherwise I will confuse myself.

Okay.

And this is for the folks that are just chomping at the bit.

I need to see live trades.

You have to see these things first.

Okay.

And understand why I'm doing it.

Because if you just indiscriminately go in here and try to copycat what I'm doing.

You're not going to learn anything.

Even if we make money, you're not learning anything.

It's ended a mentorship.

You'll have profitable trades and say, yeah, that was great.

But then I'm going to miss me once we stop, because you didn't actually learn.

So I'm here teaching you this stuff, not just to show you, I can do it.

So if this is, if this is today, okay.

Now we're going to have to use a little bit of hindsight here,

and we're gonna have to use some hindsight over here and we'll have

to use some hindsight over here.

Okay.

But it's just, that's the nature of the beast.

Here's Tuesday's trading in here.

Remember we're working off of a daily swing Hein.

It's really seeing expansion continuously going lower.

We've identified where the market, one of the go because of the swing

lows or whether there's liquidity pools were on the daily chart.

So we know that the price is going to reach for that liquidity.

If price is going to reach for that liquidity and it's on the downside,

we're not focused primarily on that.

The retracements moving higher.

So in other words, weren't focusing on markets that go into a premium.

So what does that look like?

Well,

Here's some day's trading.

This is last Friday.

Here's Monday street.

Okay.

So we have price priding making a high here, and it comes and gaps

down through it on Sundays trading.

And we have all this consolidation in here.

Every time we create a new range or impulse swing, we have to reference them.

And determine are we in a premium or are we in a discount market?

Because we have our date dividers divided in up-to-date and true day format.

What we're looking for is the market to move.

I didn't want to do that.

There you go.

We showed this the other yes, yesterday.

Mark.

It goes into a premium here.

We can sell them.

Price expands lower every time it creates a new impulse

leg over the last three days.

Okay.

So now we see this, uh, this market move here.

Okay.

The market moves from here to here.

We would draw fade from this high down to that low and just

all we're doing in Fibonacci.

Doesn't do any magic there.

It just draws your attention to, are we moving above equilibrium?

If it is, we can sell at a premium price and allow mother

market look for a low two.

Even though there's a gap in here.

Okay.

It may not appear on your chart, but we have this high now that low here, this

does this market get up to equilibrium in here on this price line here.

No it doesn't.

We have an impulse price swing.

Does price get above equilibrium in that price?

Like, no.

Okay.

And this impulse price swing.

Does the price get above equilibrium here?

Yes.

And it does it towards the end of the day.

You're used to seeing trades that only occur in London open and New York open.

And sometimes London close.

There is a New York clothes set up that occurs, but it has to

be on a higher timeframe basis.

The reason why the red lines here and why identified three o'clock in PM is because

that is when the bond market closes.

So that really officially ends the day for interest rate.

Markets.

So for instance, currencies are essentially driven by interest rates.

If you're going to speak fundamentally, that's where the actual, uh, end

of the day really needs to be reflected on not money clothes.

And that's the reason why today format is why the algo delivers the price like

it does if you're looking for setups.

Okay.

And this is one of the ways you can do it is you want to look for impulse

price swings inside of the daily ranges over the last three days.

If you know what the most recent price direction is on a daily

timeframe, you know, what side of the marketplace to work on?

You know, that this low out here was going to potentially be aimed

for cause there's liquidity below it and the lower, low, I'm sorry.

The higher, low that we identified on the daily chart, the beginning

of this video and tweeted the chart yesterday was that these levels

here would have stocks below it.

Price goes below here, ran up, went through it one more time, retested

it, and then expanded lower.

So when we see price, giving us impulse swings, lower, we're waiting.

We're not chasing it.

We're waiting for it to go back up into the fair value.

Okay.

So when we see each one of these impulse price swings, here's one,

here's another impulse price swing

here.

Do we do anything down here?

Do we, do we sell it right away?

No, we wait.

Does it get above equilibrium?

Yes, he goes right into premium.

Then you can sell it there.

And it does what runs down below previous low.

The market gives us more impulsive price.

Swing goes lower.

Does it get above equilibrium?

Yes, it's in a premium now, so we can sell it.

Then it drops down.

It's not going to give you.

Every single price swing, but it's going to give you the ones you should be in.

Okay.

So if you're looking at a bullish market, the only thing you can do is reverse it.

Every time you get a impulsive price swing that moves higher in the daily's given

you an indication that it's going to reach for liquidity above the marketplace, where

we're straightening out currently, when that is in place on a daily, all you're

doing is looking for impulse price swings.

If you're bullish now, When it moves higher, you just

wait for the impulse price.

When it go up, then you draw your fib on it and you identify

what your equilibrium is.

And when price drops down into that inside these inter date ranges.

Okay.

You only need one.

You only need one set up to do that.

6%.

Remember we gave ideas about, um, uh, let me take, take this all as well.

I have to actually close it.

I got literally two minutes to do this.

Pressing it.

The, uh,

impulse price went here down.

Okay.

What is this right here?

What's this little green thing here.

Okay.

To bear sortable.

To bear shorter block price trades, right up into that bear shorter block

right there inside of a premium.

Okay.

So if we're going to sell it there

and yes, you're going to see me do this this week live for

those that just signed up.

I want to see little trades, Michael

You'll see it.

Just relax.

All right.

So if we sold here, price goes down to this low, over here.

There's 33 pips.

Now frame on the idea that I've talked about yesterday is that not a viable trade

where we can do what if, if we're looking at this swing as a sell and we're going

to take profit down here at 30 pips, if we do a risk of 30 pips one and a half

percent risk, there's your a one-to-one.

There's two to one or 3% return, four and a half percent return.

And that's where we were at.

So again, only looking for one set up per week, that's all you would need.

You're done.

And you do it again next week and you do it again next week

and you do it again next week.

And then all of a sudden at the end of the month, you're over 6%.

And if you do that every single month, you w.

So these are, these are the ideas we're using from the September content

and applying it going forward, and there's gonna be a lot more to it.

And you actually see me actually do it in advance.

We'll talk about where it should go and all that business, but for now I have

to close this session and go back over to the, uh, the other webinar for those

to have issues with their accounts.

So I'll give you a recap today, recap video, and tomorrow we're

actually gonna do some live trading.

So I'm gonna wish you a very good afternoon.

Okay.

Good luck and good trading.