Original subtitles

All right, so

we're going to go through,

can we get stops above

here?

Now for non-farm payroll, we don't really want, ah, we don't trade this

day, but it's, uh, it's good for studying

to why I fell.

The market seeks liquidity.

And you probably, if you knew you're on there, well, if you're going to

watch it, you don't want to treat it because anything can happen on this day.

I try to convey that during the free material for years.

And I think I did myself and everyone else watching a disservice by showing.

Trading non-farm payroll a couple of times, and now they assume that it can be

done every non-prime payroll every month.

And that's unfortunate because that's not what I was trying to do.

I was just trying to prove that to the price action material works,

even in a high volatile conditions.

And over here,

Okay.

So, um,

go down into a 15 minute for this.

Okay.

So

the pound, I believe, will be the one that expands on the upside

because it has its Boyd in here.

Um, if we lose, if we lose the middle of this down candle,

Let me put a line on that.

Google this, this level here, Democrat, and we'll have to

close in this range down here.

I suspect suspected.

I don't want to run up in here a little bit more.

We've had pretty much a nice run this week.

Colin bullishness reaching for this initial liquidity pool, and then

looking for the order block here.

And obviously he went right on through that.

So if we did that, we were looking for the 26 90 level up there.

I'm not saying we're gonna get 76 90 today, but I think this one has

the potential to run higher CAD.

Be careful what these buys stops.

Uh, we've held consolidation in here for awhile, so they may run up here.

And now if we do get expansion on cat,

we mentioned the 1 36 is over here long long-term.

The discipline's been playing a real sloppy mess around them.

1 34.

So it'd be interesting to see what we do once we get above that.

If we do it at all

and the buy stops on your dollar, I like them.

we could get up to 1145 on your dollar if.

That will be up here.

Okay.

Two more minutes, one more minute.

And uh, the carnival ride begin.

If we break lower on the dollar, we got 96 99, 6 85 downside upside.

We have, uh, 97, 50 97, 60.

34 35.

I'm surprised they haven't drove through there yet about the 1 34 35.

And here we are 34 35 by stops taken

to see if there's any range expansion on the daily chart.

Now that we've created a new ground.

It's really, it's an ugly.

Okay.

So we've taken a staffs below the lows here.

I would've liked to see it come down a little bit more coming

to the block right here at, uh,

10 75.

And then.

Wipe out the buy stop to buy the marketplace.

You're going to see many times the non-farm payroll.

Generally the initial price swing.

First couple of minutes is usually the opposite direction and they end up

changing direction and going the other way, reaching for liquidity on the

opposite side of the road, the daily range to go ahead and taking the lows out during

London may have equal highs up here, and then we have layered by stops above.

At, uh, one 1130s, if we get any kind of expansion, 1140 fives are in jeopardy

dollars, taken it's London high out and backed in the middle of the range,

capable of still holding for.

And no follow through after 34 35.

So I want to buy stops

generally.

Generally you would like to see when you break a new ground on a

daily chart, that it finds legs and wants to run aggressively.

You want to see that type of price action.

Not just poke its head above the previous high install.

You don't want to see that

the best moves that want to run.

Once they cleared the ground, that was old highs, they just rip and just

keep on going and going and going.

And that's the type of moves you put.

Pretty quiet for non-compliant.

I personally believe we'll be up in here next week.

It's going to want to close in all that range.

Probably.

You could probably do it all in one week.

So we may have a really big,

big, uh, pound dollar trading week next week.

That's assuming that we don't lose much of the ground that we

gained here again, saying the other day, we don't want to see it.

Come back down.

Ideally the clothes in this, if we can keep that open and going into next.

That will allow us to really run tire ended up, uh, 26, 90, 27 big figure.

And that will be the weekly objective for next week.

And I really liked the fact that the pound dollar's not

trying to lose any ground here.

And if it can maintain that, that just bodes well for what my

expectations are for next week.

So while we are not doing anything today, we're studying this to set up our

expectations or trade ideas for next week.

I want to be, I want to be long pound out to get up into this range over here.

Okay.

So far it's only indicated ran above the previous high.

So far, it looks like a stop sweep.

We haven't seen really anything.

Nice little pop through, but it's stalled so far.

It should be running right now higher.

And the only thing we've done is pierced the previous high.

So that's what we've done.

We broke through the previous.

And that's over here seen and no follow through yet.

So far, it's only been a small grade on sweeps on that stops.

You can't get out of its way.

It's stuck in this range

and the dollar as well.

Now I they've taken already.

The buy stops above the highs, meet in London and we're back at equilibrium.

So be mindful of the cell stops below the lows over here will be

the next area, liquidity to be run.

If it can run through it again, the London high, it will seek

the liquidity about these equal highs and could run over to 97 60.

I don't see it here, but that's what we would expect.

If we do that right now, it looks like the cell stops below the lows over here

are going to be the ones tagged next.

Um, I re I realized this, now that the I'm uncharacteristically quiet right

here, I usually am going off at the mouth and just running a face, but, uh, I'm

really studying the, see what side of the marketplace they work because at the

end of the week, and they usually set up a really good sentiment idea going

into the weekend after non-farm payroll.

And I'm going to see what kind of a.

The sentiment that we're building in, we have, uh, the

U S elections next week also.

So it's a lot of people staying on the sidelines, waiting to see what's going on.

What's going to happen waiting for the next shoe to drop, as they say

so far, CAD has been the only one that's ran it.

Uh, by stop pound dollar, hasn't really done anything.

You're still stuck in the mud

for the remainder of the morning until around 11 o'clock in the

morning, 1130, New York time.

Uh, be mindful study the Euro on this level here.

10 72 cents 75, downside and running a one 1120s to one 1130s on the buy stops

and a dollar.

Um, just be mindful of the equal highs in here up to this bare shoulder

block that puts you in and around.

97 50, we get 9, 7 60.

If it runs through, it's the area of the quality avoid up

into bare or blocking here.

Now you can see there's multiple candles.

And my idea was I used all of them as a, as a, like an hour and a half.

If we added a capacity to do an hour and a half or a 90 minute chart, that

would be embarrass shorter blocks.

I think that they're going to probably punch down here and get these cell stops,

unless, unless it rolls through and starts to gain some momentum on the upside,

the longer it stays its consolidation.

I think you're going to want to reach below these lows later in the day.

I think that's all we're going to be able to study for today.

There's nothing else that jumping off and again, it's non-par payroll.

So we don't trade that, uh, saw.

One of the guys on our community tweet that, uh, one of the gurus

for four X, Kathy is going to be trading live the election next week.

So I'm not sure what that's all about.

I think it's like non-farm payroll on steroids, especially

given the uncertainty.

So I will be joining you all again by way of prerecord.

Uh, analysis before the start of next week.

And I will be giving you your first, the first two of eight

for the November teachings.

And again, you can go on the form of see what those two will be.

They will be online savvy, and I will post a link and let you know when

they're online so you can download them.

Bit of business for your notes to keep us in mind.

Um, the summary notes are there.

They're not always going to be every single slide that I

use for PowerPoint displays.

Like I'm doing the teachings, I'm using PowerPoint to present that

I don't share all of my slides.

I just want to focus on giving you the most salient points, the things

that you should be taking away, uh, give you a whole list of slides, sort.

There's a lot of slides that don't have anything on.

So I'm giving you the ones that have the notations.

That, that makes sense.

Okay.

So, um, I know where one of the gentlemen in our community asked where

certain lesson slides were, but, uh, it's not a complete beginning from

the first slide to the end slide.

That's not what I'm doing.

When I give you the notes.

I'm giving you the points at which you should have collected

from each of those teams.

So, and I've added some things when I was speaking about it, but it

didn't have any specific notation.

I'll draw attention to certain things in those slides and now person is, but

I don't think that you're going to have every single slide and it's not because

I'm hiding anything from the ads.

You just don't need that.

And don't ask for it because I'm not interested in giving it to you.

And then if I spend people in the past, it's to ask for them,

but there's no reason for that.

And I think that's going to be it for today.

Pretty lackluster non-farm payroll, can't squeeze blood out of a tournament.

So, um, I'm going to close the recording here.

Uh, but I'll hang around for about 15 minutes in case

you guys got some questions.

Turn that recording off.

Cause I don't want this to be a long video.