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These are the user uploaded subtitles that are being translated: 1 00:00:10,820 --> 00:00:11,390 Okay folks. 2 00:00:11,390 --> 00:00:11,990 Welcome back. 3 00:00:13,160 --> 00:00:17,150 Today's Tuesday, October 11th, 2016. 4 00:00:17,840 --> 00:00:18,050 Okay. 5 00:00:18,050 --> 00:00:23,390 I gave you a couple things to study this morning on the dollar CAD, via Twitter. 6 00:00:25,550 --> 00:00:29,410 So you'll have to go through the Twitter feed and get these charts that are. 7 00:00:30,405 --> 00:00:34,215 I'm going to refer to in a reference. 8 00:00:35,025 --> 00:00:35,115 Okay. 9 00:00:37,245 --> 00:00:38,055 I'm going to zoom in. 10 00:00:40,995 --> 00:00:41,355 Okay. 11 00:00:41,385 --> 00:00:44,865 And this is kinda what ends up happening a lot. 12 00:00:44,865 --> 00:00:50,864 I want to take this line off here, cause this is not what I initially showed you. 13 00:00:53,175 --> 00:00:56,265 The folks that do have the benefit of being able to be in 14 00:00:56,265 --> 00:00:57,735 front of the charts all day long. 15 00:00:59,205 --> 00:01:05,655 Invariably, we'll have a tendency to want to zoom in real tight. 16 00:01:08,325 --> 00:01:14,405 And if you look at the, the charts I shared this morning, 17 00:01:19,175 --> 00:01:23,495 we had one of our members, uh, share a successful trade 18 00:01:24,635 --> 00:01:25,955 based on a bullshitter block. 19 00:01:27,715 --> 00:01:31,435 Going into London, retrade back into the bull shore block, the down 20 00:01:31,435 --> 00:01:32,875 candle, wait for them, move up. 21 00:01:33,865 --> 00:01:39,414 And it showed him a prophet and he gave feedback to the community that it 22 00:01:39,414 --> 00:01:41,005 was a relatively easy trade for him. 23 00:01:42,235 --> 00:01:47,215 Now, I don't know if the context was framed in what I'm going to show here, but 24 00:01:47,245 --> 00:01:49,075 what makes it easy and what made it easy? 25 00:01:49,950 --> 00:01:51,180 Is what we're going to highlight. 26 00:01:51,510 --> 00:01:54,270 And then we're also going to highlight what makes certain order 27 00:01:54,270 --> 00:01:59,610 blocks a little bit more challenging or require a lot more in terms of 28 00:02:00,450 --> 00:02:03,600 response, or they will be violated. 29 00:02:04,530 --> 00:02:07,830 Now, if we look at price, as I was outlining this morning, I gave you a 30 00:02:07,830 --> 00:02:11,640 couple of different examples of our each down candle was being supported 31 00:02:12,000 --> 00:02:17,190 by new buying this down candle here, price trades, back down into it. 32 00:02:18,775 --> 00:02:23,755 And price rallies away, price trades down here into the series 33 00:02:23,755 --> 00:02:25,555 of two consecutive down candles. 34 00:02:26,335 --> 00:02:30,145 This is the equivalent of a 30 minute bullish order block smart 35 00:02:30,145 --> 00:02:31,615 money buys as the market goes down. 36 00:02:32,215 --> 00:02:36,145 Two consecutive candles that trades right into that here and 37 00:02:36,145 --> 00:02:41,315 it rallies again, price comes back down again, trades into this down. 38 00:02:42,510 --> 00:02:43,290 Is there new buying? 39 00:02:43,829 --> 00:02:44,220 Yes. 40 00:02:44,250 --> 00:02:47,490 New buying occurs and it takes out this old high. 41 00:02:47,549 --> 00:02:51,210 Now what's important is this, I was showing you a zoomed in 42 00:02:51,690 --> 00:02:57,090 perspective, like this, not giving you the entire scope of what you 43 00:02:57,090 --> 00:02:58,320 should be looking for as a trader. 44 00:02:58,320 --> 00:03:01,320 When you're taking trades, you need to be looking at the entire landscape. 45 00:03:01,420 --> 00:03:04,140 Don't just focus on these smaller timeframes, because if you do, 46 00:03:04,829 --> 00:03:07,680 you're going to miss all of the most important, significant price levels. 47 00:03:09,210 --> 00:03:09,810 If we noticed. 48 00:03:11,255 --> 00:03:12,125 By zooming out. 49 00:03:16,055 --> 00:03:20,975 I highlighted this in a chart on Twitter as a liquidity void. 50 00:03:23,075 --> 00:03:26,945 Now gentlemen had shared on the Twitter today that he had a long 51 00:03:27,575 --> 00:03:30,135 off the order block here and it ran. 52 00:03:31,095 --> 00:03:35,175 Rather handsomely for him in your same, in his words was it was an easy trade. 53 00:03:36,015 --> 00:03:40,785 What made it easy was the fact that we were trading off of a Bush or a block, 54 00:03:40,785 --> 00:03:47,415 but all of this range in here was only traded on what side, the sell side. 55 00:03:47,415 --> 00:03:48,525 It was only going down. 56 00:03:48,975 --> 00:03:50,535 There was no up movement through it. 57 00:03:51,045 --> 00:03:54,315 So it was all think about that paint brush analogy. 58 00:03:54,315 --> 00:03:58,995 I use the paint was applied to the canvas only on the downstroke. 59 00:04:00,209 --> 00:04:05,370 There's been no up movement to fill in this area here, which the 60 00:04:05,370 --> 00:04:07,230 two I'm sorry, three up candles. 61 00:04:07,230 --> 00:04:07,590 Start 62 00:04:15,899 --> 00:04:20,250 once it breaks below the body, that up candle here, that's when the void begins. 63 00:04:21,180 --> 00:04:21,570 Okay. 64 00:04:22,260 --> 00:04:26,930 There's a fair value gap between the low of this candle and it's. 65 00:04:29,060 --> 00:04:34,039 It fills in initially here, when it runs up, then it retraces one 66 00:04:34,039 --> 00:04:37,039 more time into a bullish or block, and then it runs through it. 67 00:04:37,039 --> 00:04:42,200 One more time trading up into these three candles, which would be, what 68 00:04:42,770 --> 00:04:47,510 if we could make a 45 minute chart is, will be a 45 minute bear shorter block 69 00:04:47,810 --> 00:04:49,690 because three consecutive, 15 minute. 70 00:04:52,390 --> 00:04:55,690 This high's ran out as it closes in the void. 71 00:04:55,870 --> 00:04:57,130 Now, the question is this. 72 00:04:57,160 --> 00:05:00,880 If we watch price, come back down and we look at this down candle here 73 00:05:00,880 --> 00:05:04,810 should have, should have we don't have, let me say that correctly. 74 00:05:05,290 --> 00:05:11,320 Should we expect to see price, see a strong response off that level? 75 00:05:12,760 --> 00:05:16,810 Having all this understood it can have. 76 00:05:17,835 --> 00:05:19,455 But we don't trade in. 77 00:05:19,635 --> 00:05:20,325 It can happen. 78 00:05:20,354 --> 00:05:23,715 We trade in high probability or low probability, and we focus 79 00:05:23,715 --> 00:05:27,164 primarily on trade trading and conditions that are high probability. 80 00:05:27,645 --> 00:05:32,655 So if the market had all this rains to close in and it did so rather efficiently 81 00:05:32,655 --> 00:05:37,575 this morning, going into London and in stabbing up into, uh, pre New York, 82 00:05:38,655 --> 00:05:43,425 if we see this occurring and we see the market, come back down one more 83 00:05:43,425 --> 00:05:45,885 time to a potential bullish or block. 84 00:05:46,710 --> 00:05:49,500 The probabilities are expressive for one sided. 85 00:05:50,070 --> 00:05:50,550 Okay. 86 00:05:50,940 --> 00:05:56,100 The probabilities are not as strong as if we were trading in the condition 87 00:05:56,100 --> 00:06:02,130 that we saw going into London because all of the void was all exposed. 88 00:06:02,130 --> 00:06:03,240 Here is all open range. 89 00:06:03,240 --> 00:06:08,040 So it allows price to want to run up air aggressively and have no real resistance. 90 00:06:08,969 --> 00:06:10,820 So in, so in essence, what is. 91 00:06:11,895 --> 00:06:15,975 More, what was rather, what was the London open set up by definition? 92 00:06:16,305 --> 00:06:22,545 Would it be a low resistance or a high resistance liquidity run, obviously a 93 00:06:22,545 --> 00:06:26,705 low resistance liquidity run because prices only traded down in this range. 94 00:06:26,705 --> 00:06:30,975 So all the price action between the opening of this candle, essentially 95 00:06:30,975 --> 00:06:34,455 1 30, 2 32, all the way down into. 96 00:06:37,410 --> 00:06:38,460 We'll use the opening on that. 97 00:06:39,000 --> 00:06:40,710 Uh, 1 31 79. 98 00:06:41,070 --> 00:06:45,210 So between the opening of this down candle, where here and the opening 99 00:06:45,210 --> 00:06:48,540 of this up candle, we're here all between those two price points. 100 00:06:49,080 --> 00:06:50,250 And I'll shade that in for you 101 00:06:57,060 --> 00:06:59,550 all of this, is it liquidity void? 102 00:06:59,550 --> 00:07:01,440 That means it's only been offered on a sell side. 103 00:07:01,770 --> 00:07:04,020 It's all been one-sided it's been big. 104 00:07:05,340 --> 00:07:07,620 No real back and forth type of action. 105 00:07:08,760 --> 00:07:11,120 So as price let's do it like this. 106 00:07:11,130 --> 00:07:14,130 You can see it in context, price starts to trade higher. 107 00:07:15,750 --> 00:07:17,669 Now we're into the void right there. 108 00:07:18,330 --> 00:07:22,919 So as price is rallying up, it's going to want to fill in all of this. 109 00:07:22,950 --> 00:07:28,010 That's how you use the liquidity void price comes back down. 110 00:07:28,010 --> 00:07:32,599 Now we have midnight in New York price has a small little Judas swing. 111 00:07:34,575 --> 00:07:36,795 Right back into bullish, shorter block 112 00:07:40,995 --> 00:07:42,465 bullish order block forms. 113 00:07:42,465 --> 00:07:43,875 Again, we have an impulse swing. 114 00:07:44,685 --> 00:07:47,025 Retraces back into another bullish order block. 115 00:07:47,055 --> 00:07:47,715 There's your buy. 116 00:07:48,405 --> 00:07:52,275 Now, if you're buying there, you have relative equal highs in here. 117 00:07:52,275 --> 00:07:55,185 Also, you have all of this, all these prices up here. 118 00:07:55,515 --> 00:08:00,215 So now the void really is here. 119 00:08:01,570 --> 00:08:04,210 So you had this exposed area to trade up into. 120 00:08:04,690 --> 00:08:07,900 If you get a buy here, you want to see a trade up into that level here, 121 00:08:07,900 --> 00:08:11,410 because this is all one-sided down. 122 00:08:12,550 --> 00:08:13,120 Price action. 123 00:08:13,120 --> 00:08:13,650 You want to see it? 124 00:08:13,650 --> 00:08:14,770 Trade back up into it. 125 00:08:16,180 --> 00:08:17,080 Price expands. 126 00:08:18,340 --> 00:08:18,670 Boom. 127 00:08:18,760 --> 00:08:19,840 Closes it in right there. 128 00:08:20,650 --> 00:08:20,980 Okay. 129 00:08:22,360 --> 00:08:23,500 Then you get a little retracement. 130 00:08:23,530 --> 00:08:24,130 One more time. 131 00:08:24,130 --> 00:08:24,730 It pops through. 132 00:08:26,820 --> 00:08:28,230 Runs out our height right there. 133 00:08:28,650 --> 00:08:31,110 So now we're looking at this and we offered this as a study this 134 00:08:31,110 --> 00:08:36,600 morning should just be a buying opportunity up against avoid. 135 00:08:37,200 --> 00:08:41,190 It can, that's the thing it can happen, but the probability shift 136 00:08:41,370 --> 00:08:45,900 to a lower probability, because there's not been any runs on stops. 137 00:08:47,130 --> 00:08:49,950 We've already seen the market re run up there and closing this gap. 138 00:08:50,460 --> 00:08:50,910 Okay. 139 00:08:51,360 --> 00:08:52,940 All that voice is filled in. 140 00:08:52,950 --> 00:08:53,400 There's nothing. 141 00:08:54,405 --> 00:08:56,805 There's nothing in here near term. 142 00:08:58,035 --> 00:08:58,485 Okay. 143 00:08:58,845 --> 00:09:04,275 That would be a resistance for price to come back down and take stops. 144 00:09:04,275 --> 00:09:05,535 Everything's been one-sided today. 145 00:09:05,535 --> 00:09:06,165 Here's the low. 146 00:09:06,165 --> 00:09:09,615 We have a higher, low, higher, low, higher, low. 147 00:09:09,885 --> 00:09:15,765 We broke new highs each time, but this high breaking this high here, it 148 00:09:15,765 --> 00:09:18,165 occurred as we completed this week. 149 00:09:19,525 --> 00:09:21,205 So, and we're trading inside the range. 150 00:09:21,235 --> 00:09:21,565 Okay. 151 00:09:21,565 --> 00:09:25,885 Or trading fair value because the long, and here, the young man shared on Twitter 152 00:09:25,885 --> 00:09:29,815 today, he should have been aiming for fair value, which would have been closing of 153 00:09:29,815 --> 00:09:33,595 this gap or the fair value gap between this low up to this opening price. 154 00:09:33,595 --> 00:09:36,325 I'm going to give a lot of specifics about that, but I want to give you 155 00:09:36,325 --> 00:09:40,255 examples of, of it repeating over and over and over again, and why it 156 00:09:40,255 --> 00:09:44,125 gives us really easy, low resistance. 157 00:09:45,565 --> 00:09:47,935 Setups where you ex exactly where you want to trade, that you want to 158 00:09:47,935 --> 00:09:51,415 trade in those conditions, because it gives you a lot of peace of mind. 159 00:09:51,775 --> 00:09:55,075 And it also gives you context, which is what a lot of us as a 160 00:09:55,075 --> 00:09:56,875 nutrient do not have many times. 161 00:09:58,285 --> 00:10:00,955 So I highlighted the fact that if we see a bull shorter block, but 162 00:10:00,955 --> 00:10:04,765 we closed and avoid on the outside and it's been bullish time of day. 163 00:10:05,820 --> 00:10:11,280 Okay, we're going into the New York setup or it's a session so 164 00:10:11,280 --> 00:10:15,780 we could see a retracement all the way down into the cell stops. 165 00:10:16,110 --> 00:10:18,450 Now, cell stocks reside below this swing low here. 166 00:10:19,350 --> 00:10:22,950 Then we had cell stops below here, and then if we really washed 167 00:10:22,950 --> 00:10:25,890 out it would've been, uh, a run on these equal lows over here. 168 00:10:26,280 --> 00:10:26,640 Okay. 169 00:10:27,120 --> 00:10:33,870 Now I highlighted in the most recent chart, the opening price. 170 00:10:36,390 --> 00:10:39,810 Off at midnight candle, which is very, very influential. 171 00:10:42,030 --> 00:10:42,330 Okay. 172 00:10:42,360 --> 00:10:47,760 Opening price comes in at 1 30, 1 98, 1 30, 1 98. 173 00:10:48,600 --> 00:10:52,260 So all below here, the young man that shared his long on dollar CAD 174 00:10:52,260 --> 00:10:56,640 this morning, he was actually buying below the opening price, which 175 00:10:56,640 --> 00:10:59,610 is if you're going to be bullish, that's the best time to be entering. 176 00:11:00,540 --> 00:11:02,250 So here we have another area of cells. 177 00:11:07,645 --> 00:11:14,704 Right below that low, no think prices are going higher, 178 00:11:14,765 --> 00:11:15,785 higher, higher, higher, higher. 179 00:11:16,055 --> 00:11:18,545 It's the liquidity void runs that I'm high here. 180 00:11:18,845 --> 00:11:20,704 If it trades back down, is it good? 181 00:11:22,925 --> 00:11:23,495 Is it good? 182 00:11:23,525 --> 00:11:26,855 Is it, what would it be good for it to want to retrace back down into, 183 00:11:26,855 --> 00:11:30,635 after taking on a high after closing and avoid, would that be essentially 184 00:11:30,635 --> 00:11:31,925 a strong or high probability? 185 00:11:33,315 --> 00:11:36,495 In my opinion, you know, because we've already closed in it's 186 00:11:36,525 --> 00:11:41,865 low, it's low end objective with the least amount of resistance. 187 00:11:42,435 --> 00:11:45,945 So it's already closed in that and we've also pierced to high. 188 00:11:46,095 --> 00:11:50,805 So if it's strong, if it wants to go higher, it will go continuously expand up. 189 00:11:51,435 --> 00:11:54,525 But if it doesn't show signs of doing that, and he does this, 190 00:11:55,245 --> 00:11:58,575 even though there's an older block here, I'm going to suspect that 191 00:11:58,575 --> 00:11:59,745 it's going to go for the study. 192 00:12:00,525 --> 00:12:03,885 Because we've already closed in a significant institutional 193 00:12:03,885 --> 00:12:07,455 order flow reference point by way of the liquidity avoider here. 194 00:12:08,865 --> 00:12:12,615 So when you're looking at your setups and you're looking for trades, your 195 00:12:12,615 --> 00:12:14,415 eyes are looking for these voids. 196 00:12:14,415 --> 00:12:18,675 You're looking for these real easy paths of least resistance where 197 00:12:18,675 --> 00:12:20,475 price can easily trade up through it. 198 00:12:20,865 --> 00:12:22,785 And especially in this case, it's been downloaded. 199 00:12:23,505 --> 00:12:25,185 So it creates a void on the downside. 200 00:12:25,515 --> 00:12:28,245 So if you're long, it makes it easy for price to trade up here 201 00:12:28,245 --> 00:12:30,285 because there's really nothing over here to offer resistance. 202 00:12:31,695 --> 00:12:33,555 Think in terms of classical support resistance. 203 00:12:34,125 --> 00:12:37,935 If you're buying here outside of this short term high here, there's 204 00:12:37,935 --> 00:12:43,155 nothing in way of staving off, up higher prices, except for the, uh, 205 00:12:43,185 --> 00:12:48,595 return back to this three up candles, which would be a bare shoulder block. 206 00:12:50,055 --> 00:12:54,165 So it allows us framework and gives us context to look for setups. 207 00:12:54,555 --> 00:12:59,535 Now, if you see these things happen, even though it's time of day and it's New York 208 00:12:59,535 --> 00:13:03,795 set up and it's been going up the idea of how do you know when it's going to run for 209 00:13:03,795 --> 00:13:06,495 the staff and when to look for an older block, this is one of those examples. 210 00:13:07,245 --> 00:13:14,204 It gives you, um, a real experience to, to relate, to seeing say, okay, look, 211 00:13:14,204 --> 00:13:18,314 next time I see a liquidity void and I've been buying and maybe it's been a. 212 00:13:19,665 --> 00:13:23,565 If I see an order block form just below, like we saw here. 213 00:13:24,195 --> 00:13:24,555 Okay. 214 00:13:25,065 --> 00:13:28,635 If we see that we don't want to look at that as a buying opportunity. 215 00:13:28,635 --> 00:13:33,495 This is not a high probability by a bullshitter block, but a turtle soup 216 00:13:33,615 --> 00:13:38,895 run below these lows here, or return back down into this order block, which 217 00:13:38,895 --> 00:13:40,875 would also be below the opening price. 218 00:13:41,265 --> 00:13:42,225 See, that's why it's important. 219 00:13:42,225 --> 00:13:45,405 You have to be focusing on that, that the opening price at midnight. 220 00:13:46,800 --> 00:13:54,090 Because if the range is going to expand let's to take a look at the dollar, the 221 00:13:54,090 --> 00:13:58,140 dollar rate reached up finally into that 97 30 level we were looking for last week. 222 00:13:58,590 --> 00:14:02,340 Uh, we breached it, came back above it, uh, almost one 20 pips. 223 00:14:02,940 --> 00:14:07,079 Uh, the high came in at 97, 47. 224 00:14:07,080 --> 00:14:10,980 So I was three pips away from that scene at our 25th grade sweep. 225 00:14:11,010 --> 00:14:12,720 It's it could expand up in here. 226 00:14:14,220 --> 00:14:15,180 But price came down. 227 00:14:15,660 --> 00:14:18,030 It, this area in here, bull shorter block. 228 00:14:18,030 --> 00:14:22,410 And one more time, we've seen response, uh, because we're expecting modest 229 00:14:22,410 --> 00:14:24,180 bullishness on the dollar still. 230 00:14:24,960 --> 00:14:28,620 Uh, if it's going to be bullish, they're going to want to come back and take those 231 00:14:28,620 --> 00:14:33,360 stops because nothing over here with the exception of this little blip, taking out 232 00:14:33,360 --> 00:14:37,560 this short term low here, there's been really no runs on, on cell stops below. 233 00:14:37,560 --> 00:14:40,920 The marketplaces is not, not on the 15 minute timeframe. 234 00:14:42,405 --> 00:14:46,515 And price does what it trades down, clears out the stops trades 235 00:14:46,515 --> 00:14:47,805 into what, what is this here? 236 00:14:48,885 --> 00:14:49,605 Bull shorter block. 237 00:14:49,605 --> 00:14:50,895 Why is this a bull shorter block? 238 00:14:50,895 --> 00:14:55,455 Because it's the down move down candle right before price trades higher. 239 00:14:55,515 --> 00:14:57,045 And it takes out the short term high. 240 00:14:57,045 --> 00:14:59,625 So this is a real high probability candle. 241 00:15:00,045 --> 00:15:03,765 And you also have what I think precision trading concepts. 242 00:15:05,295 --> 00:15:09,105 We have a swing low, so staff will be resting below that. 243 00:15:09,215 --> 00:15:10,185 Now we have an order of boxes. 244 00:15:11,295 --> 00:15:13,845 So if price can come down and I hit those staff and hit the order 245 00:15:13,845 --> 00:15:15,045 block, that's high probability. 246 00:15:16,185 --> 00:15:18,645 And that's how you're seeing the sensitivity of price action here. 247 00:15:19,695 --> 00:15:20,055 Okay. 248 00:15:20,655 --> 00:15:27,285 So what I want to share, what I want to share with you today is the importance 249 00:15:27,285 --> 00:15:30,285 of what I showed you in the first month. 250 00:15:30,314 --> 00:15:30,975 September. 251 00:15:31,305 --> 00:15:32,775 I told you what to focus on. 252 00:15:33,645 --> 00:15:36,645 If your eyes are focused and trained in, on areas of where 253 00:15:36,645 --> 00:15:38,805 prices moved away quickly. 254 00:15:39,585 --> 00:15:39,675 Okay. 255 00:15:40,439 --> 00:15:41,670 Example, like we showed here. 256 00:15:42,210 --> 00:15:42,540 Okay. 257 00:15:43,199 --> 00:15:47,130 These voids, if we can look for these levels in price and we get 258 00:15:47,130 --> 00:15:50,160 enough of a range, that's enough of a range in there to offer. 259 00:15:50,340 --> 00:15:51,900 Well, let's see what it is in terms of tips. 260 00:15:54,350 --> 00:15:54,710 Okay. 261 00:15:55,040 --> 00:15:58,040 Uh, we identified the opening on this candle 262 00:16:02,850 --> 00:16:05,040 at 31, basically 31 80. 263 00:16:05,910 --> 00:16:09,210 And the opening on this candle here at 32. 264 00:16:10,140 --> 00:16:10,740 32. 265 00:16:11,730 --> 00:16:12,750 So roughly what? 266 00:16:13,050 --> 00:16:14,490 20 pips, I'm sorry. 267 00:16:14,490 --> 00:16:15,089 50 pips. 268 00:16:15,480 --> 00:16:17,250 So we have a range of about 50 pips. 269 00:16:17,280 --> 00:16:21,750 So if you can get along in here that if you buying down here and you still have 270 00:16:21,750 --> 00:16:24,180 the potential to make as much as 30 bucks. 271 00:16:25,450 --> 00:16:26,170 And that's good. 272 00:16:26,320 --> 00:16:27,250 I mean, that's all you really need. 273 00:16:27,250 --> 00:16:28,450 40 pips is ideal. 274 00:16:28,720 --> 00:16:31,720 I look for slings that offer at least 40 pairs because even if I get it 275 00:16:31,720 --> 00:16:34,900 wrong, in fact, they're spread on both ends getting in and getting out. 276 00:16:35,200 --> 00:16:37,810 It'll at least give me 20, 25 pips of potential range. 277 00:16:37,810 --> 00:16:38,500 And that's fine. 278 00:16:38,500 --> 00:16:41,140 That's about the low end that I want to do for my trades. 279 00:16:42,250 --> 00:16:51,300 But, uh, if we see if we see scenarios where we can get a long inside 280 00:16:51,300 --> 00:16:52,830 of the range, what is this range? 281 00:16:52,860 --> 00:16:53,750 The range is this. 282 00:16:55,314 --> 00:16:56,185 Down to this low. 283 00:16:57,385 --> 00:16:58,765 So think about what's going on here. 284 00:17:03,855 --> 00:17:06,915 This is the range defined from the high down to the low. 285 00:17:07,335 --> 00:17:07,724 Okay. 286 00:17:08,474 --> 00:17:12,464 If you're buying down here, you're buying below equilibrium. 287 00:17:12,464 --> 00:17:14,805 So you're buying at a discount. 288 00:17:15,645 --> 00:17:16,065 Okay. 289 00:17:16,665 --> 00:17:19,665 And I want a smaller impulsive price swing here. 290 00:17:20,625 --> 00:17:24,825 This movement back here relative to this low, to this high, this is below 291 00:17:24,825 --> 00:17:29,355 equilibrium and it's in discount and that would be a range expansion, and 292 00:17:29,355 --> 00:17:30,735 it would be justified to see that long. 293 00:17:31,125 --> 00:17:34,215 And it's additionally below the opening price of today, which is 294 00:17:34,215 --> 00:17:36,885 here, which is denoted by 1 30, 1 98. 295 00:17:39,015 --> 00:17:39,345 Okay. 296 00:17:39,675 --> 00:17:45,135 So price had a lot in terms of offering upside potential, but 297 00:17:45,135 --> 00:17:46,085 as soon as we close in this. 298 00:17:47,220 --> 00:17:51,540 If you're alone, you got to really take a lot of the position off there because 299 00:17:51,689 --> 00:17:53,730 one of two things can happen one. 300 00:17:54,330 --> 00:17:55,889 Well, I guess it's three things had happened. 301 00:17:56,159 --> 00:17:58,770 Uh, it could continuously go through and you want to pay yourself. 302 00:17:58,800 --> 00:18:00,000 Obviously that's the best scenario. 303 00:18:00,449 --> 00:18:01,830 The other one is what we see here. 304 00:18:01,830 --> 00:18:03,870 It can go up and install and retrace. 305 00:18:03,870 --> 00:18:08,220 And if you've tried, your stop-loss too tightly behind you underneath the, uh, 306 00:18:08,250 --> 00:18:10,709 recent lows, this is what tends to happen. 307 00:18:11,100 --> 00:18:13,139 It price comes back and takes, uh, takes that. 308 00:18:14,024 --> 00:18:18,225 Position out and you don't want to try to take your position off either 309 00:18:18,225 --> 00:18:23,415 by stop or by collapsing and partial profits on movement against you. 310 00:18:23,685 --> 00:18:24,074 Okay. 311 00:18:24,254 --> 00:18:27,524 If you can save your stock before it makes a run on it, that's ideal, 312 00:18:28,425 --> 00:18:33,044 but you always want to try to take the trade off in the best condition. 313 00:18:33,044 --> 00:18:35,235 That means, uh, moving away from your yeah. 314 00:18:36,150 --> 00:18:40,170 So, if you're short, you want to be trying to collapse your trade on a down 315 00:18:40,170 --> 00:18:42,090 candle or moving away from your entry. 316 00:18:42,600 --> 00:18:46,200 And if you're bullish, you want to be a trying to collapse your trade and 317 00:18:46,200 --> 00:18:49,860 saving your stock up candle or movement away from it, or collapsing it with 318 00:18:49,860 --> 00:18:51,540 profit as it moves away from your entry. 319 00:18:52,500 --> 00:18:53,160 That's the goal. 320 00:18:53,370 --> 00:18:54,600 That's all part of trade management. 321 00:18:54,600 --> 00:19:02,070 You'll learn a lot of that as well, but here, um, the idea of looking for savings. 322 00:19:02,985 --> 00:19:03,345 Okay. 323 00:19:03,555 --> 00:19:05,415 I think I asked you this in closing. 324 00:19:06,615 --> 00:19:12,555 If we are looking for liquidity voids like this, okay. 325 00:19:13,005 --> 00:19:16,455 This is your gold mine. 326 00:19:16,695 --> 00:19:17,115 Okay. 327 00:19:17,505 --> 00:19:19,125 You're all like treasure hunters. 328 00:19:19,125 --> 00:19:19,485 Okay. 329 00:19:19,515 --> 00:19:21,405 You get into charge and you're looking for something. 330 00:19:21,405 --> 00:19:24,285 You've all been looking for some neon sign to flash across the screen. 331 00:19:24,825 --> 00:19:26,295 This is what you should be looking for. 332 00:19:26,295 --> 00:19:27,495 This is what the setup is. 333 00:19:27,495 --> 00:19:29,205 This is what tells you when to get in. 334 00:19:29,205 --> 00:19:29,805 When to get out. 335 00:19:30,015 --> 00:19:30,455 It tells you. 336 00:19:31,379 --> 00:19:35,580 It tells you everything you need to know when you find these areas 337 00:19:35,610 --> 00:19:39,120 in price action, these gaps, okay. 338 00:19:39,480 --> 00:19:42,000 They have a high probability of filling in. 339 00:19:43,080 --> 00:19:47,250 Now, the fact of when they're going to fill in is all relative to the 340 00:19:47,250 --> 00:19:51,120 price action at the time that you're studying it, this that void could 341 00:19:51,120 --> 00:19:55,470 stay open for four months, but as it were, and you can see that the 342 00:19:55,470 --> 00:19:57,870 market opened today, it traded down. 343 00:19:59,670 --> 00:20:05,490 Gave us a market protraction or Judas swing rallies up comes back down, 344 00:20:05,710 --> 00:20:07,200 gives us an opportunity to be a buyer. 345 00:20:07,440 --> 00:20:08,460 I didn't take this long. 346 00:20:08,520 --> 00:20:13,139 I did not take this, but I'm only, I framed this whole teaching today on the 347 00:20:13,139 --> 00:20:14,910 gentleman that shared his long on Twitter. 348 00:20:15,810 --> 00:20:19,080 And I thought was a really wonderful study because he asked about, uh, you 349 00:20:19,080 --> 00:20:21,090 know, would this candle be a propulsion? 350 00:20:22,215 --> 00:20:24,645 Relative to the down candle here, which is a bullet shorter block. 351 00:20:25,125 --> 00:20:27,165 And the answer to the question was obviously yes. 352 00:20:27,555 --> 00:20:29,205 And then you had propulsion candle here. 353 00:20:29,235 --> 00:20:33,285 You had a order block at each one of these or a bullshitter blocks when you 354 00:20:33,285 --> 00:20:34,785 have a propulsion candle here as well. 355 00:20:35,325 --> 00:20:38,925 Um, I don't want anyone thinking that a propulsion 356 00:20:38,925 --> 00:20:41,415 candles, uh, anything different. 357 00:20:42,645 --> 00:20:45,855 A bullish, shorter block or a bare shorter block in this, in this case, it 358 00:20:45,855 --> 00:20:50,625 just gives us significance to expect a dynamic move away from it should be a 359 00:20:50,625 --> 00:20:55,365 high responsiveness away from that, that order block, the initial order block. 360 00:20:55,935 --> 00:21:00,825 We don't know if that down candle is going to present the impulse swing. 361 00:21:01,245 --> 00:21:04,005 That's the part we wait for for high probability setups. 362 00:21:04,455 --> 00:21:08,685 Once it occurs and price clear as the high of the down candle then needed 363 00:21:08,685 --> 00:21:09,985 to simply matter, you just wait. 364 00:21:11,355 --> 00:21:12,705 And you know exactly what the wait for. 365 00:21:12,715 --> 00:21:16,665 You want to see price come back down into the down candle when that occurs. 366 00:21:17,024 --> 00:21:19,544 That's the buy that's when you buy it. 367 00:21:20,115 --> 00:21:23,625 So if you're looking in this and in the context I'm sharing here, if 368 00:21:23,625 --> 00:21:26,685 you were seeing this down candle, the price moves up and, and like 369 00:21:26,685 --> 00:21:27,824 the young man did this morning. 370 00:21:27,855 --> 00:21:28,754 He went long here. 371 00:21:29,235 --> 00:21:29,774 He bought it. 372 00:21:31,890 --> 00:21:36,510 If you see that you got to look over here, you have all of this exposed range. 373 00:21:36,750 --> 00:21:37,170 Okay. 374 00:21:37,320 --> 00:21:39,750 And where the liquidity void as, uh, as formed. 375 00:21:40,260 --> 00:21:43,140 So if you're buying down here, let's say you're looking at the 376 00:21:43,140 --> 00:21:44,460 opening price on this candle. 377 00:21:45,000 --> 00:21:45,270 Hang on one. 378 00:22:16,274 --> 00:22:20,895 So if you're looking for a move from the opening price on this 379 00:22:20,895 --> 00:22:25,935 candle, again, being 31 86. 380 00:22:25,935 --> 00:22:34,754 So if you were going long with a limit at 31 90, from 31 90, up to 32 30, you 381 00:22:34,754 --> 00:22:39,284 have, uh, have 40 pips offered to you in range by being a buyer here and what 382 00:22:39,284 --> 00:22:42,735 the expectation of price is going to close in all of this exposure range. 383 00:22:43,514 --> 00:22:45,254 So that's the foundations to look for. 384 00:22:46,125 --> 00:22:48,435 The setups with trading inside the range. 385 00:22:48,435 --> 00:22:48,885 There's a lot of it. 386 00:22:48,915 --> 00:22:52,274 There's opportunities, obviously when there's a break on previous 387 00:22:52,274 --> 00:22:56,054 highs and previous lows that are low resistance, liquidity runs, but inside 388 00:22:56,054 --> 00:22:57,465 the range, this is how it's done. 389 00:22:59,024 --> 00:23:02,715 You'll see that you don't even need to get 40 pips up to that level here. 390 00:23:02,715 --> 00:23:04,245 It's, it's very clean. 391 00:23:04,844 --> 00:23:07,034 It's very easy to determine what that range would be. 392 00:23:07,844 --> 00:23:12,135 Everything we've tried in previous teachings, um, gives you 393 00:23:12,135 --> 00:23:13,395 framework for the long in here. 394 00:23:14,445 --> 00:23:18,465 But it tells you where price should go and why it should go. 395 00:23:18,465 --> 00:23:22,065 There is because this market's only been delivered on the sell side, here 396 00:23:22,785 --> 00:23:25,785 to the market is going to want to do what you think like that paint brush. 397 00:23:25,845 --> 00:23:26,265 Okay. 398 00:23:26,715 --> 00:23:29,955 You load the paint on a paintbrush and you put it to the canvas and you stroke down 399 00:23:29,955 --> 00:23:31,365 on the canvas and you apply the paint. 400 00:23:32,295 --> 00:23:32,565 Okay. 401 00:23:32,565 --> 00:23:33,585 And you start going up. 402 00:23:35,265 --> 00:23:35,595 Okay. 403 00:23:35,625 --> 00:23:38,925 Well, you're going to have to get more paint when you retrace the paint 404 00:23:38,925 --> 00:23:40,035 brush has gone back in that bucket. 405 00:23:40,035 --> 00:23:41,655 Again, adding more paint to the bristle. 406 00:23:42,490 --> 00:23:46,590 Goes up again, go back into the bucket and get some more paint, apply it to 407 00:23:46,590 --> 00:23:50,159 the canvas, come back to the bucket, grab more paint, apply to the canvas. 408 00:23:50,189 --> 00:23:51,929 Now you closed in all of this little area. 409 00:23:52,500 --> 00:23:54,959 If you've done any kind of painting of any kind, especially if you've 410 00:23:54,959 --> 00:23:58,409 done it interior, a bedroom or a living room or whatever. 411 00:23:58,740 --> 00:23:59,699 Even I was younger, I did it. 412 00:23:59,699 --> 00:24:00,760 I don't do it so much now. 413 00:24:01,120 --> 00:24:05,850 I'm not that proficient without making a mess, but you know 414 00:24:05,850 --> 00:24:06,750 what it's like to put that. 415 00:24:07,725 --> 00:24:10,395 On a wall, you know, when you first put the paint brush here, the 416 00:24:10,395 --> 00:24:12,375 first couple inches is beautiful. 417 00:24:12,375 --> 00:24:13,004 It's vibrant. 418 00:24:13,004 --> 00:24:16,065 It's, it's, uh, ample amount of delivery of, of the paint. 419 00:24:16,815 --> 00:24:18,524 Well, price action is just like that. 420 00:24:19,274 --> 00:24:22,815 You know, over here we have an empty canvas here. 421 00:24:22,845 --> 00:24:26,115 We have the paint being applied here, but it's creating little 422 00:24:26,205 --> 00:24:27,975 pockets that need to be filled in. 423 00:24:28,485 --> 00:24:32,804 You don't see it when you look at it, just like this as a new trader, but because 424 00:24:32,865 --> 00:24:35,895 of your understanding of price action now, and you're learning more about it. 425 00:24:36,750 --> 00:24:40,530 Price is going to want to offer the buy side as well, going up. 426 00:24:40,830 --> 00:24:45,899 So both sides of the marketplace in an efficient price delivery, let's say it 427 00:24:45,899 --> 00:24:53,070 like this, every portion of every range, I don't care what range or, or timeframe 428 00:24:53,070 --> 00:24:56,490 you look at if price has been delivered. 429 00:24:57,449 --> 00:24:57,659 Okay. 430 00:24:57,659 --> 00:24:58,399 And this is what I want. 431 00:24:58,530 --> 00:25:01,439 I want you to come away with today and we're going to close this session. 432 00:25:02,610 --> 00:25:03,179 If price. 433 00:25:06,180 --> 00:25:10,110 This is, I'm telling you what I'm about to tell you right now is 100% 434 00:25:10,110 --> 00:25:12,690 millionaire making to pay attention. 435 00:25:12,720 --> 00:25:16,380 Turn that soap, operas off, turn it to a cartoon network off. 436 00:25:16,380 --> 00:25:22,320 If you're home watching with the kids, if we see a range of price and it does not 437 00:25:22,320 --> 00:25:25,140 matter what timeframe it does not matter. 438 00:25:25,170 --> 00:25:26,850 It's completely 100%. 439 00:25:29,505 --> 00:25:32,685 If we have a range and it doesn't matter what the range is, but say we've 440 00:25:32,685 --> 00:25:39,375 defined the range where price has shown a really one-sided delivery going lower. 441 00:25:39,765 --> 00:25:40,035 Okay. 442 00:25:40,035 --> 00:25:44,025 So we saw price, trade, lower going down, ideally. 443 00:25:56,295 --> 00:25:59,295 You're going to be looking for price. 444 00:26:01,275 --> 00:26:02,295 If it's down here. 445 00:26:04,085 --> 00:26:04,265 Okay. 446 00:26:04,265 --> 00:26:09,065 Prices dropped down between the range of 1 32 0 9 to 1 31 54. 447 00:26:09,365 --> 00:26:11,015 Now I'm giving you this as an example. 448 00:26:11,075 --> 00:26:11,285 Okay. 449 00:26:11,285 --> 00:26:13,445 I'm not specifically aiming anything over here. 450 00:26:13,445 --> 00:26:15,275 Price wise, relative to this currency pair. 451 00:26:15,665 --> 00:26:17,525 I'm speaking in hypothetical terms. 452 00:26:18,035 --> 00:26:18,725 So if prices. 453 00:26:19,695 --> 00:26:20,535 Like we see it here. 454 00:26:20,535 --> 00:26:22,395 It's offered all on the sell side. 455 00:26:23,625 --> 00:26:26,685 That's what's being conceptually described here. 456 00:26:27,014 --> 00:26:27,435 Okay. 457 00:26:27,764 --> 00:26:32,175 All one side of going down when you, we see a reason to be a buyer. 458 00:26:32,715 --> 00:26:33,165 Okay. 459 00:26:33,435 --> 00:26:37,845 What's what we're expecting is in an efficient market, uh, delivery of price. 460 00:26:38,565 --> 00:26:41,205 The range is going to expand up. 461 00:26:41,805 --> 00:26:45,615 May reach may retrace back, expand back again, come back. 462 00:26:48,725 --> 00:26:56,555 Expand again, come back and then expand again and fill in that entire range 463 00:26:56,585 --> 00:26:58,085 that was offered on the sell side. 464 00:26:58,505 --> 00:27:03,215 The buy side will fill we'll fill in and reverse the set for 465 00:27:03,215 --> 00:27:04,685 when the market makes a move up. 466 00:27:05,435 --> 00:27:10,865 Initially, if the market move is seen as a sudden movement higher. 467 00:27:12,185 --> 00:27:12,455 Okay. 468 00:27:12,455 --> 00:27:14,885 And we see a liquidity void was a price running up aggressive. 469 00:27:16,110 --> 00:27:19,620 Eventually some point, the market's going to want to efficiently trade 470 00:27:19,620 --> 00:27:24,090 all that range that was offered on the buy-side only with sell side delivery 471 00:27:25,530 --> 00:27:28,860 and then you'll have efficient price delivery between both those data points 472 00:27:28,860 --> 00:27:34,230 in terms of price, 3,209 and 31 54 will have been efficiently traded. 473 00:27:35,129 --> 00:27:41,730 When we see an absence of price being offered on the opposite side 474 00:27:42,000 --> 00:27:44,189 numbers, if it's only been buying okay. 475 00:27:45,120 --> 00:27:48,900 We're going to be looking to close in or trade inside the range 476 00:27:49,290 --> 00:27:51,330 down into this portion over here. 477 00:27:52,350 --> 00:27:54,900 And it doesn't have to break 31 54. 478 00:27:54,900 --> 00:27:55,680 They'd be profitable. 479 00:27:59,240 --> 00:28:00,080 Does that make sense? 480 00:28:00,140 --> 00:28:03,260 I haven't looked into anybody's comments until now, but does that make 481 00:28:03,260 --> 00:28:05,150 sense to anyone or everyone rather? 482 00:28:12,920 --> 00:28:13,250 So. 483 00:28:14,325 --> 00:28:16,335 When you're looking at price. 484 00:28:16,845 --> 00:28:17,145 Okay. 485 00:28:17,145 --> 00:28:20,775 When you're looking at price, the reason why I try to draw your attention 486 00:28:20,775 --> 00:28:26,235 to these big runs in price is because it allows you to frame your trades. 487 00:28:26,595 --> 00:28:32,025 It gives you the context to say, okay, this is a bullish condition, 488 00:28:32,385 --> 00:28:37,815 but is that range offering me a number of pips in terms of where 489 00:28:37,815 --> 00:28:39,005 I can reasonably manage the. 490 00:28:40,050 --> 00:28:44,760 And allow me a three to one, four to one or five to one ratio. 491 00:28:48,550 --> 00:28:48,790 Okay. 492 00:28:48,790 --> 00:28:49,600 This is a good question. 493 00:28:49,600 --> 00:28:51,129 And this is the only question I'm going to take. 494 00:28:51,370 --> 00:28:51,850 Okay. 495 00:28:52,180 --> 00:28:54,520 So please don't be offended if I ask, cause I want to make these short, 496 00:28:55,870 --> 00:29:04,000 if we look at where prices rate here this morning, right there, that 497 00:29:04,000 --> 00:29:05,379 was the London buying right there. 498 00:29:06,705 --> 00:29:09,735 Does everyone agree that why that's a bite at a down candle, 499 00:29:09,735 --> 00:29:10,575 which is a bullshitter block. 500 00:29:10,575 --> 00:29:13,275 We have price run through trades back down into it, right there. 501 00:29:13,275 --> 00:29:14,685 That's the buy rate there. 502 00:29:16,215 --> 00:29:16,605 Okay. 503 00:29:18,045 --> 00:29:21,495 If you look to the left right there, where's the, where's 504 00:29:21,495 --> 00:29:23,055 the, uh, the range it's here. 505 00:29:25,705 --> 00:29:25,975 You see that. 506 00:29:27,675 --> 00:29:30,645 So when we're looking at voids, now this is really important. 507 00:29:30,675 --> 00:29:30,975 Okay. 508 00:29:30,975 --> 00:29:35,955 Because you've heard me kind of like the little supply and demand folks. 509 00:29:36,495 --> 00:29:41,325 When you're looking at voids, you do not cut through candles. 510 00:29:42,524 --> 00:29:43,004 Okay. 511 00:29:43,065 --> 00:29:44,264 Remember this, write this down. 512 00:29:44,264 --> 00:29:49,305 Now, when you're looking to trade inside of the range, you 513 00:29:49,305 --> 00:29:51,705 do not cut through candles. 514 00:29:51,705 --> 00:29:52,245 You don't look. 515 00:29:54,179 --> 00:29:54,629 Okay. 516 00:29:54,990 --> 00:29:56,550 You just go immediately to the left. 517 00:29:56,850 --> 00:29:58,379 Now you see this as a void right here. 518 00:29:59,429 --> 00:29:59,909 Okay. 519 00:30:00,629 --> 00:30:03,720 Now there are things that we talk about and we will talk about, which is 520 00:30:03,720 --> 00:30:09,330 recapitalization of old order blocks, which is over here, but when we're, when 521 00:30:09,330 --> 00:30:12,179 we're trading inside the range, and this is why I said you're going to have a lot 522 00:30:12,179 --> 00:30:16,740 of opportunities to pick and choose using my tools and these concepts to be able to 523 00:30:16,740 --> 00:30:18,659 frame what type of trader you want to be. 524 00:30:20,129 --> 00:30:20,550 Okay. 525 00:30:23,160 --> 00:30:26,640 If you're looking to trade inside the range right now, 526 00:30:27,330 --> 00:30:28,470 looking at price as it is here. 527 00:30:28,470 --> 00:30:35,580 If it wasn't London right here, this is the only exposed portion of this big 528 00:30:35,580 --> 00:30:42,810 liquidity void from this price level here down to this high, see that from 529 00:30:42,810 --> 00:30:46,890 this high up to that level here, that's the only exposed area of the liquidity 530 00:30:46,890 --> 00:30:48,270 void that has not been traded up. 531 00:30:53,180 --> 00:30:56,210 Well, that's why I didn't want to take questions cause I'm going to, 532 00:30:56,240 --> 00:30:57,560 I'm getting a million questions now. 533 00:30:57,560 --> 00:30:59,450 Why, what do I mean by cut through candles? 534 00:31:00,170 --> 00:31:05,660 Just looking to the left, just understand that this is the only range that 535 00:31:05,660 --> 00:31:09,620 you need to be concerned about with right now, because outside of this, 536 00:31:10,280 --> 00:31:12,680 what's over here a big consolidation. 537 00:31:13,250 --> 00:31:17,390 So we're only worried about trading inside this, this range, this high. 538 00:31:18,315 --> 00:31:25,545 Down to this low right here, it's offering a opportunity to be a buyer. 539 00:31:26,175 --> 00:31:31,125 And if it's going to go up, we should be reasonably expecting it to go up to this 540 00:31:31,185 --> 00:31:33,375 level here, which closes in this void. 541 00:31:34,575 --> 00:31:38,445 And I know some of you are still sticking on what's avoid and how do 542 00:31:38,445 --> 00:31:39,615 I find it and what do you do with it? 543 00:31:39,675 --> 00:31:41,355 And that's, what's being taught to you. 544 00:31:41,565 --> 00:31:41,895 Okay. 545 00:31:41,895 --> 00:31:44,955 But I got to have several examples to be able to show to you. 546 00:31:44,955 --> 00:31:45,585 Cause one, just one. 547 00:31:48,895 --> 00:31:53,185 But if you go keep, if you could go look looking over here to the left, you're not 548 00:31:53,185 --> 00:31:57,115 finding a range, you're just finding more price swings and you don't need that. 549 00:31:57,115 --> 00:32:02,095 You only need to see what the most recent price range was and price was 550 00:32:02,095 --> 00:32:03,895 delivered aggressively down here. 551 00:32:04,945 --> 00:32:10,315 And you only needed to identify where that void closes, which is the up candles. 552 00:32:11,415 --> 00:32:16,065 By identifying that 1 30, 2 32 level and prices down here, it's offering you 553 00:32:16,065 --> 00:32:20,655 a range of about 40 pips from where you would be buying up to this price point. 554 00:32:20,655 --> 00:32:22,155 Does, does everyone get that part? 555 00:32:22,635 --> 00:32:22,995 That's all. 556 00:32:22,995 --> 00:32:24,615 I really want you to understand that right now. 557 00:32:24,645 --> 00:32:26,085 That's all you need to understand right now. 558 00:32:29,005 --> 00:32:29,245 Okay. 559 00:32:29,245 --> 00:32:31,525 As long as you can see that this, this void here. 560 00:32:33,750 --> 00:32:36,960 And the range up to that point here offers you 40 pips. 561 00:32:37,170 --> 00:32:39,630 If everyone understands that, then I was successful today. 562 00:32:39,990 --> 00:32:40,380 Okay. 563 00:32:40,590 --> 00:32:41,670 Because we'll build on this, 564 00:32:50,070 --> 00:32:52,470 no Tanner and Tanner's diverse in that. 565 00:32:52,500 --> 00:32:56,220 I'm actually framing today's teaching on your trade was 566 00:32:56,220 --> 00:32:57,720 significant and it was done properly. 567 00:32:58,880 --> 00:33:00,240 There was nothing wrong with your trade. 568 00:33:00,480 --> 00:33:01,650 It was executed very well. 569 00:33:01,650 --> 00:33:07,230 Don't don't take anything down saying as a derogatory or criticism. 570 00:33:07,800 --> 00:33:10,080 I mean, I'm actually acknowledging what you did was right. 571 00:33:18,070 --> 00:33:21,940 So the idea is if you're buying down here on this order block and you're 572 00:33:21,940 --> 00:33:25,780 offering 40 pips or the market is offering 40 pips in terms of rain. 573 00:33:26,850 --> 00:33:27,270 Okay. 574 00:33:27,660 --> 00:33:28,560 So that's what you're determined. 575 00:33:28,560 --> 00:33:28,980 You're saying, okay. 576 00:33:29,010 --> 00:33:31,080 What's the amount of rings I have for profit. 577 00:33:31,470 --> 00:33:32,160 So no, no arc. 578 00:33:32,160 --> 00:33:36,270 It should reach up to 1 30, 2 32 relative to the buy set up that was 579 00:33:36,270 --> 00:33:38,550 taken by Tanner and shared on Twitter. 580 00:33:39,600 --> 00:33:41,760 But in hindsight, I'm speaking specifically about 581 00:33:41,760 --> 00:33:42,990 the bull bullshitter block. 582 00:33:43,290 --> 00:33:45,750 If you're being a buyer down here, okay. 583 00:33:46,260 --> 00:33:51,000 If you're buying that your stock needs to be below this order 584 00:33:51,000 --> 00:33:53,550 block, it could be 10 pips below. 585 00:33:54,375 --> 00:33:54,735 Okay. 586 00:33:54,915 --> 00:33:57,344 And if that's the case, we'll just say 31 75. 587 00:33:58,514 --> 00:33:59,745 So it's a 15 PIP stop. 588 00:34:00,375 --> 00:34:03,165 So if you have 15 pips stop and you're looking for 40 pips of 589 00:34:03,165 --> 00:34:07,485 range to get up in here to close this void, what type of gearing is 590 00:34:07,485 --> 00:34:09,014 that in terms of risk to reward? 591 00:34:15,884 --> 00:34:17,324 Oh, it's essentially three to one. 592 00:34:17,324 --> 00:34:21,134 And now if you're looking for a movement, the sweep in above this 593 00:34:21,344 --> 00:34:24,435 level, which will be a bear shorter block running thing running into that, 594 00:34:25,245 --> 00:34:26,895 you could probably, you probably may. 595 00:34:26,924 --> 00:34:29,205 I'm not saying you have to force these types of things, but you could 596 00:34:29,205 --> 00:34:33,585 probably squeak out, you know, three to one, maybe who cares, you know, 597 00:34:33,614 --> 00:34:36,315 but as a new trader, you're not going to be getting five to one. 598 00:34:36,315 --> 00:34:37,485 You're not gonna be getting 10 to one. 599 00:34:37,875 --> 00:34:41,295 You're going to start with one-to-one ups and see how consistent you have 600 00:34:41,295 --> 00:34:42,674 to be to be profitable doing that. 601 00:34:43,935 --> 00:34:47,085 Now we're going to grow into two and one and 3, 2, 1, and we're going to 602 00:34:47,085 --> 00:34:50,775 graduate up, but you'll leave the mentorship with your only setups 603 00:34:50,775 --> 00:34:52,215 are going to be five to one payouts. 604 00:34:53,264 --> 00:34:55,364 And that's why I'm trying to tell you it, just because I can see these 605 00:34:55,364 --> 00:34:56,594 things and I can talk about them. 606 00:34:56,594 --> 00:34:59,385 And you've seen examples of me calling specific moves and other 607 00:34:59,385 --> 00:35:00,675 people taking trades as well. 608 00:35:01,155 --> 00:35:02,235 I like setups that. 609 00:35:02,235 --> 00:35:03,525 Give me five to one. 610 00:35:04,065 --> 00:35:08,265 So I'm willing to wait around for those to form and I need to trade in timeframes 611 00:35:08,265 --> 00:35:09,975 to allow those setups to form more. 612 00:35:14,570 --> 00:35:17,570 But there's the response off that order block in a rally right up 613 00:35:17,570 --> 00:35:20,360 to the, um, w I mean, look at the response, look how beautiful that is. 614 00:35:20,990 --> 00:35:25,850 I mean, seriously, it hits that level perfectly right in there. 615 00:35:25,850 --> 00:35:29,300 Boom hits the high at 1 30, 2 32. 616 00:35:29,330 --> 00:35:33,800 That's the exact opening price, as we define it in terms of closing the void. 617 00:35:34,220 --> 00:35:34,850 I mean, that's perfect. 618 00:35:37,825 --> 00:35:38,755 I mean seriously. 619 00:35:38,875 --> 00:35:42,895 I mean, if you don't, if you're not amazed by that, to me, I think 620 00:35:42,895 --> 00:35:47,065 it's so fascinating to see how consistently price is delivered. 621 00:35:47,065 --> 00:35:47,515 Like this. 622 00:35:48,325 --> 00:35:49,345 It's not random. 623 00:35:49,405 --> 00:35:53,275 It goes right to these levels for a specific reason, then they retraces, 624 00:35:53,275 --> 00:35:56,545 it comes back down and it runs one more time through the Hine. 625 00:35:56,545 --> 00:35:57,175 So here's your three. 626 00:35:58,439 --> 00:36:00,000 Three one would be offered right here. 627 00:36:00,060 --> 00:36:02,459 Now we've obviously talked about this order block. 628 00:36:02,759 --> 00:36:03,959 Why it wouldn't be a good one. 629 00:36:04,200 --> 00:36:07,379 We would expect to stop to be ran and reach down into the water block. 630 00:36:08,009 --> 00:36:09,720 And then luckily it does, it hits that level again. 631 00:36:10,200 --> 00:36:10,740 One more time. 632 00:36:10,740 --> 00:36:11,490 It hits that level. 633 00:36:12,839 --> 00:36:15,390 Now my question to you is this, does this look like a market 634 00:36:15,569 --> 00:36:17,160 that wants a top like that 635 00:36:21,609 --> 00:36:23,560 we have about an hour left of the daily range. 636 00:36:23,589 --> 00:36:25,899 Does this look like a, a market that wants to top. 637 00:36:27,305 --> 00:36:29,225 At least in the price structure that's offering right now. 638 00:36:29,795 --> 00:36:32,315 And does this look like the way the dollar would be topping? 639 00:36:39,065 --> 00:36:39,395 Right. 640 00:36:39,755 --> 00:36:43,265 So I'm going to leave the rest of the day and I'll come back to you by way 641 00:36:43,265 --> 00:36:45,425 of Twitter on charts, around noon. 642 00:36:46,260 --> 00:36:48,990 And, uh, we'll recap through charts only. 643 00:36:49,020 --> 00:36:49,470 Okay. 644 00:36:49,950 --> 00:36:54,510 And I'll have a daily recap video at three o'clock and posted by three 645 00:36:54,510 --> 00:36:56,820 30, or it may be a recorded session. 646 00:36:56,820 --> 00:36:58,110 I may not be able to do it live today. 647 00:36:58,110 --> 00:37:03,330 Cause my wife's, uh, my wife's giving me any, uh, an agenda today. 648 00:37:03,330 --> 00:37:04,080 I got to take care of it. 649 00:37:04,995 --> 00:37:07,275 I have to run some errands for her and help her with the kids stuff. 650 00:37:07,275 --> 00:37:09,015 So I, it may be a prerecorded session. 651 00:37:09,375 --> 00:37:14,565 Um, I'll have it done by two o'clock and online by three, no later than three 30. 652 00:37:14,924 --> 00:37:15,315 Okay. 653 00:37:16,395 --> 00:37:19,875 Um, yes, you're going to have a London sessions, but they begin in New York. 654 00:37:19,904 --> 00:37:22,214 I'm sorry, in, in, uh, November. 655 00:37:23,975 --> 00:37:24,395 Okay. 656 00:37:24,845 --> 00:37:26,225 So that's it for today, guys? 657 00:37:26,254 --> 00:37:28,115 Um, hopefully you found this insightful. 658 00:37:28,234 --> 00:37:31,234 I will give you the recording when it's done and I will get back to 659 00:37:31,234 --> 00:37:32,585 you later on as well, around three. 660 00:37:33,315 --> 00:37:33,825 Take care. 661 00:37:33,944 --> 00:37:34,694 Good luck and good trading. 54522

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