All language subtitles for vid 15 (N) EN

af Afrikaans
ak Akan
sq Albanian
am Amharic
hy Armenian
az Azerbaijani
eu Basque
be Belarusian
bem Bemba
bn Bengali
bh Bihari
bs Bosnian
br Breton
bg Bulgarian
km Cambodian
ca Catalan
ceb Cebuano
chr Cherokee
ny Chichewa
zh-CN Chinese (Simplified)
zh-TW Chinese (Traditional)
co Corsican
hr Croatian
cs Czech
da Danish
nl Dutch
en English
eo Esperanto
et Estonian
ee Ewe
fo Faroese
tl Filipino
fi Finnish
fr French
fy Frisian
gaa Ga
gl Galician
ka Georgian
de German
el Greek
gn Guarani
gu Gujarati
ht Haitian Creole
ha Hausa
haw Hawaiian
iw Hebrew
hi Hindi
hmn Hmong
hu Hungarian
is Icelandic
ig Igbo
id Indonesian
ia Interlingua
ga Irish
it Italian
ja Japanese
jw Javanese
kn Kannada
kk Kazakh
rw Kinyarwanda
rn Kirundi
kg Kongo
ko Korean
kri Krio (Sierra Leone)
ku Kurdish
ckb Kurdish (Soranรฎ)
ky Kyrgyz
lo Laothian
la Latin
lv Latvian
ln Lingala
lt Lithuanian
loz Lozi
lg Luganda
ach Luo
lb Luxembourgish
mk Macedonian
mg Malagasy
ms Malay
ml Malayalam
mt Maltese
mi Maori
mr Marathi
mfe Mauritian Creole
mo Moldavian
mn Mongolian
my Myanmar (Burmese)
sr-ME Montenegrin
ne Nepali
pcm Nigerian Pidgin
nso Northern Sotho
no Norwegian
nn Norwegian (Nynorsk)
oc Occitan
or Oriya
om Oromo
ps Pashto
fa Persian
pl Polish
pt-BR Portuguese (Brazil)
pt Portuguese (Portugal)
pa Punjabi
qu Quechua
ro Romanian
rm Romansh
nyn Runyakitara
ru Russian
sm Samoan
gd Scots Gaelic
sr Serbian
sh Serbo-Croatian
st Sesotho
tn Setswana
crs Seychellois Creole
sn Shona
sd Sindhi
si Sinhalese
sk Slovak
sl Slovenian
so Somali
es Spanish
es-419 Spanish (Latin American)
su Sundanese
sw Swahili
sv Swedish
tg Tajik
ta Tamil
tt Tatar
te Telugu
th Thai
ti Tigrinya
to Tonga
lua Tshiluba
tum Tumbuka
tr Turkish
tk Turkmen
tw Twi
ug Uighur
uk Ukrainian
ur Urdu
uz Uzbek
vi Vietnamese
cy Welsh
wo Wolof
xh Xhosa
yi Yiddish
yo Yoruba
zu Zulu

Original subtitles

Okay folks.

Welcome back.

Uh, this morning, we're going to be looking at the Canadian

dollar, uh, eight 30 New York time.

We have wholesale sales coming out to a medium impact and outside of that,

there's really nothing else for this morning until, uh, draggy puts a drag

on the market who knows you may spur some kind of a movement, but the.

The focus for, to this morning is the Canadian dollar.

We're gonna start with our view of the dollar index.

Okay.

And we're looking at the dollar.

Uh, we've had a stellar run so far for the dollar coming.

It's been run for days.

This is the first day we've seen any significant pullback and we could really

come Molly back down into that 150.

And it would still be healthy for the, uh, the upswing.

And if that happens, we have a bit of a range to close in on

the hourly chart if we see that.

Okay.

So we have a little bit of that Lloyd exposed in here, sort of highlight that.

Okay.

And we have some stops below this low here.

And again, I'm not trying to pick the top on the dollar.

Um, I suspect that we're probably going to reach as it is right now.

It looks like it's still may reach up into that one or two level.

So I don't, I don't want to call it top of the dollar because

it's too, it's a primary market.

Um, you don't want to try to do that, and we're not talking about Euro today,

but I just want to go over real quickly.

We're seeing also a nice little retracing as well.

It's been.

On a torrential landslide.

We have a bit of a range up in here that we can close in and return

back to a breaker in here as well.

So let me note that while we're looking at it as a side note,

additionally, um, folks are looking for the London sessions on Mondays.

London will not ever be a session with us on Mondays.

Uh, is I just don't do it.

So we won't have one in sessions on, like I said, at the beginning

of our, our mentorship program.

So Mondays we'll do a New York session at best, and then Tuesday starts

to London session schedule again.

Okay.

So cable has traded up into it's breaker series of two down

days in here, two down candles.

We've traded up into that.

Now we've also closed in this book.

So for your study, not that today's focusing on the cable, but you

could do a, some exercises here for a run into 24, 10 high-end yeah.

24 10 in this area in here, you can do, uh, an exercise looking for a bear shorter

block on a five or 15 minute timeframe.

If you can get that city can get a short one.

Just for an intraday session, mood, not trying to capture a big,

huge move, and you'd be exercising on the daily breaker over here.

Again, you got to wait for the lower timeframe, bear shorter block.

Don't just do it because we're trading up into it.

Let me give you an indication.

It wants to come down and then use those lower timeframe, 15 or five

minute charts to facilitate that bear or block and look for about 20 minutes.

If you can get it on today, this is where we're focusing on the dollar CAD.

Now, what I see is that we've traded down into the last down

candle on the daily chart.

We had nice respect of about mean threshold of that down candles body.

We've seen our initial reaction.

We've already treated above the midnight candles, opening price,

at least one time portrayed.

Now at the last down candle of the day, we've also closed in essentially this

void by coming all the way down here.

So that was all this movement down has closed in essentially this void where it

quickly ran away from this consolidation.

We went back down into that consolidation here.

The areas of liquidity are these equal highs

and below the lows over here.

So I'm going to put horizontal lines on that, just to delineate

where those respective stop levels are and that we are currently in side that

range, the ranges turn this high up.

And this low down here now we're in essentially what would be considered

discount the low up to the high we're below equilibrium or midway point of that?

I'll show you what the fed, not that the fed is doing any magic here.

It's just illustrating graphically that we are below equilibrium.

Okay.

Went right down to the 79% retracement level.

We're inside the Bush order block here.

So I'm looking for is

an indication that it wants to try to go back up into and close

at least this little portion

that's still exposed.

And here, the reason why I'm highly nice this down candle

going just a little bit tighter.

This down candles, low 34 94, Ms.

Candles, high

34 90.

It's just four pips, but it's not, it didn't fill that in.

So it may want to spike up in their own.

And if it spikes there, we're going to take a look at the dollar index

and see if it's going to put a weight on it to drive it down and

get those cell stops over here.

If we drive down on the news at eight 30 or, and see if it gets to the stops

at 34 even, and then if it pulls up a shorter block, we'll aim for this.

Up here as an outside objective.

So basically we're waiting for the news to come out and give us an

indication what side it wants to reach for, because the stops are a good

distance away on the, on the buy-side.

And we're real close to proximity on the cell stops.

Now on a daily chart basis, only it looks like it will favor.

The long side, if that means it should expand into this area here,

that's what it looks like here, but we'll, we'll, we'll wait and see

what the, uh, the news release does.

Figure out what we want to do with it.

And then we'll put a trade on if it doesn't fit some kind of, uh,

any outcome we just described.

And wants to trade zone.

We'll manage it through Twitter.

So while I'm thinking about this, and this is something I've been

needing to do more of

at the tweet, easily links with the charts, because the folks that can't be

here live, sometimes I get ingrained.

In my teachings.

I barely forget about you on Twitter.

So we'll be

looking at that here.

As an exercise.

Also, you can do a

small, long ahead of the news, so you can log the experience of what it's

like getting in ahead, either all things are going to end up contending with, as

a trader, you're going to believe me.

You're going to see things on your own after the mentorship, and I'm not around,

you're going to want to take trades.

Just line up what you believe is going to indicate higher price or lower prices.

And sometimes it's actually good to be in there ahead of the news, because

you can see what they're doing.

It kind of like tips a tan to you in the news.

You know, it gives you that huge injection of volatility in an expansion.

The range goes in your favor and that's fun.

That's really fun when that stuff happens.

But when it doesn't you learn.

So for some of you force you to never check a trade before news and others

will be like, I have no problem getting in front of the news doing it.

So I'm going to be a unique thing, but you'll have so many things that

take from this mentorship in terms of how you want to train, you'll have

exactly what your model is going to be.

And no one will convince you otherwise when you're done, which is nice.

But right now you probably can look back over your career and see

how many times you flip-flopped about how you want to trade.

All right, you got about 11 minutes of news will come out wholesale numbers.

And again, it's a medium impact.

So we're not looking for an explosive move either way.

We just want to see that news get factored in.

Now, if you look at the daily Gordon dollar CAD, we have this consolidation,

a lot of price action back and forth.

We've expanded through.

And then we come back into it.

Um, last week, price expanded one more time.

So we're S we're inside of a higher consolidation.

So we have a block of price action up here, just resting on top of

another block of action here.

So, I mean, give it to you graphically like this.

So you have all this trading in here, then you have another area of consolidate.

Right here, kind of like resting on top of all this price action.

We have a new area of dealing ranges where price trades back and forth.

And doesn't have a willingness to go back down into this big, large

consolidation on a daily chart.

And again, daily is significant and this is basically the same thing just means.

On a higher area of consolidation, just like this area here with

resting on this big block of price.

So we had this consolidation price breaks out and consolidates again, resting

on top of this previous consolidation.

Now this consolidation gets violated on the upside.

So now we have price trading inside of a new dealing range.

The dealing ranges between this orange area.

Okay.

As support.

And the resistance seen around 1 35 45.

So we're consolidating in here on top of an old area of consolidation, which rests

on top of another area of consolidation.

So reasonably, I expect this thing to trade higher and want to seek

any liquidity above that 35 88.

Now whether it does it this morning or not, I don't know that that's,

we may not see that at all, but it certainly in the rum probabilities.

So when I look at price, I'm looking at how price is being sorted.

Around the daily dealing range and looking at how price is unwilling to go

back below an old area of consolidation.

Like we see here now, maybe you didn't see that as consolidation, but whenever

you see this, you want to study price and look for areas of where it looks like.

Basically a big box.

Okay.

Um, or, uh, a trading range.

And if the trading range is unwilling to be violated, once it's been

left, you're gonna see price, uh, find some support around here.

Now, if we trade back into the consolidation, we'd be looking

for it to go to the 33 71 level.

That would be the down candle rate for this big move here personally.

I don't think that that would be.

To go down into here because there's enough reasons to support price in

here because of the breaker here, we have a down candle, not, not break it.

I'm sorry.

Um, mitigation block, where we have the down Campbell here, which

would have been used for buys.

We've already tapped into that here and prices already find support

on a higher order block here.

So if, if we lose.

What is that?

34 54 and a low comes in at 3,404.

So if we lose 3,400, for my opinion, we're probably gonna trade in a

larger trading range, which would be defined by 35, 88 and 32 95.

So 35, 88, 32 95 will be the new trading range.

If we lose this low, that we'd have to watch and see what we

do in terms of that, that range.

Um, and again, because we're focusing on a daily chart, that's.

Important and why it's important to focus on that because it will

give us the directional bias for, uh, either bullets or bears.

And it doesn't have to move a whole lot because we're, we're measuring

the, the, the range on the daily.

When you start doing those types of studies on the hourly chart, obviously

the range has to get real smaller.

Okay.

The opportunities are a lot less in terms of how much you can

make and how many traits conform when you use the daily chart.

A lot more trades come out.

Okay.

About five minutes, the numbers that we're releasing.

Now, if the news release sends us below this low here, and we expand, but fall

short of going below this low and here.

And we come back up and touch or trade back into the bottom of

this up candle that comes in at

34 45.

So in other words, if we see a moot go down below this low here, come down,

just fall short of these lows and then trade right back up to 34th, 44, or

there's opening price of this candle.

Or 34 45, let's say like that.

Uh, that would be a cell for a run for the 34 big figure stops below here.

Okay.

So what I'm waiting for is to see if we expand at the here, then I look

to see if there's a bullet or a block we can play for a run to these stops.

Um, if it takes us below this low here on the news, but don't

run immediately for the 34 big.

That means cell stops are going to be tagged, but we'll wait for a retest back

to 34 45 to sell their he's a 30 PIP stop.

34 75 will be the cell stops.

Uh, I'm sorry.

So positions, uh, protected by stop and then we'll make a run for, uh, the 34 big

figure cell stops and be reaching for.

33 71.

So those are the two scenarios we're waiting to see what the news indicates.

Then we'll take action on either one.

What is treating the, uh, the inside the range per right now?

No directional bias today because we're in an extreme end of a dollar run.

So we don't know if it's going to continue or if it's going to reverse

either way, there's going to be likely an opportunity to trade.

So here's the numbers release.

So far a lackluster reaction.

Okay.

We're going to go sewing short 30 PIP stop.

Any 30 PIP stop.

When we're looking for acceleration below this low here 33 80 will

be my limit to take profit.

So 34 35.

We see some acceleration below that low, this big candle here on a daily chart.

This big green candle here.

That's canned.

That candle is low is the 34 big.

That's this candle here on the one-hour chart.

And that's why we're having this stops below these equal lows.

We're targeting that 1 34 big figure, but we have to contend

with this short term low here.

So that's where we're watching.

We want to see it get through 34 35 and accelerate, and then we'll be

in easy seat for a run for that 1 34 big figure liquidity in the form

of the sell south below these lows.

Okay.

It's in real close.

Proximity to this low, so we should see expansion.

It should expand through that, seeking that liquidity.

And then the next area of liquidity should draw it into the 1 34 big

figure, 1 34 below one third below 1 34 big figure with complete market maker

cell profile, which is a consolidation expansion re accumulation smart mind

reversal, Loris, short redistribution, redistribution, redistribute.

And we should clear out the area below 1 34 to do that.

So anyone that was long here, that they built a premium in

price, their stuff's below here.

So the liquidity is going to be aiming for 1 34.

The market rather, we should be aiming to liquidity below 1 34 big figure.

Diocese's sent a tweet out.

If we get the way 1 30, 4 35, oh, we taken half the position off

then Lauren to stop by 10 pips.

So a lot of acrobatics here doing this on Twitter and live and insurance.

I'm probably going to have to have somebody actually, uh, try to duplicate

the same thing I'm doing on much.

And kind of like authorized them to, uh, send the charts.

So a lot to be juggling.

And I respect the fact that most people can't be here live, but it's gotta be

realistic for me to, I can't, I can't be a, I can't be a fix it for everyone.

I can't.

In other words, I gotta be able to focus and that's the reason

why I've not been doing it so far.

Um, cause it's a lot to it's a lot.

I gotta be thinking about what the market's doing, gotta be thinking about

whether I'm gonna be right or not.

Um, you know, is the stock where it needs to be.

Is the market really show me indication.

I want to go where I think it's going to go.

And then on top of that, I have to remember also to send

charts and it breaks my mojo.

So it's not easy doing this, not at all trading parts easy, but it's

not easy doing the delivery of this.

It's a lot to play.

Like I said before, it's like plates spinning, you know, you ever seen

a guy get on stage of their sticks.

They put plates on top of sticks and they suspend them and he got like 20,

30, 50 of them on the, on the stage.

And you've got to keep running back over to the ones in the room.

You fall off with a break.

That's what I feel like sometimes the illness, cause each one, you trying

to do something entirely different and not always in a direction

that I'm aiming your attention to.

What's got to get run over here.

Turn your head around.

So it's looking in the right spot.

Now we want to see, we want to see dollar reach down into this area here.

We want to see at closing this range.

We do not want to see it just put below this low and then start to pull up.

Cause that's going to cause our dollar CAD pair to either stall or rally.

We don't want that.

So we want to watch the dollar index, see if it wants to go down

into this shaded area here again.

That's.

This up candle, it's high in this up candles low in between

that is unexposed range.

And we're looking for that to be filled in on dollar that will

assist and give freedom for our dollar CAD pair to trade lower.

And the reason why I'm taking half off below this low, if we can get it

is because we're inside this block so I could still be wrong and it could

come down here and just trade into a bullshitter block here and then come

right back up and trade into the 34 75.

Which isn't good.

At least in history.

Wouldn't be good.

And since I only have one standard lot on, if I had larger position

on, I would take 80% of the position off, if it gets stolen one standard

lot, half office sufficient here.

So looking at the daily, we're inside the bullish or block here, we've

already tagged below about midway point.

So if we go down to that area again, this block will give up its ghost.

In other words, it won't be no further.

Near-term bullish now.

Seen by it.

So we'll be looking for the liquidity below it, which would

be the sell stock below this low here, below that 1 34 big figure.

And then if we get below that, the next logical area that look for would

be a trade down into this down candle, but we have to start with it's high.

So 31 91, that would be the, uh, the downside objective to get to the order

block relative to the daily chart.

Okay.

So again, reminding you that we're trading the daily chart.

The one hour chart or the 15 minute chart, we just use that to facilitate

the entry and then looking for the liquidity runs on the daily Monday,

Monday, Monday, I'm not talking, I'm muting, just so you know, I have to

instruct my children as I do this as well.

Again, we're just watching that 1 34, 35 low.

We want to see that low giveaway and then expand down and we'll

watch and see if we get that one 30.

Um, violation to reach where they sell stocks bill at 1 34 big figure.

Okay.

We broke a 34 35, so we want to see it run.

Now, put some range in below this low.

Okay.

Hit the position.

Excuse me.

Hit the position is off.

I'm going to put the stop actually at 34 65.

And with the stop at 34 65, it should not come back up to that level.

If it's going to go.

Um, it should just find some resistance this down candles body, or is it

the clothes so we can allow 34, 40, 30, 4, 45 that's permissible.

And then it should roll over some more.

If it runs to stop.

That's fine.

We've already been.

Just for morbid curiosity.

How many of you are at work right now doing this?

And you should see some of the responses to that question.

Unbelievable.

I've been there before, too.

I said, look at the daily again.

We're below the bodies of the candles here.

The wicks are down here and our order block is down here.

So there's a little bit more liquidity there.

Reach for down here.

So we all want to see.

We don't want to see it a stall down here too long.

Cause then it'll require it to come back up, which is not favorable.

We want to see it expand through.

If we get down below 34 20, the stock will go to break even.

Okay.

Got it.

Tuck your questions aside.

Cause it's starting to come, uh, distract me the, uh, the liquidity on the daily.

Is what's going to be drawing price higher or lower.

And right now we still have a draw on price below the 34 20 level

institutions will have orders down there.

And then if we get below 1 30, 4 20, they will want to

tap into that 1 34 big figure.

So we got about 25 pips or so still for downside.

And ideally you don't want to see it.

Have any retracement here.

You want to see it via, uh, like a straight shot.

Because we've already taken out the 34 35 level, so it's not necessary for it to

trade up right now that range is set to anyone that's not short is probably isn't.

They probably aren't going to give them opportunity to get in.

Now that's my expectation.

And the reason why I'm saying they should expand in here.

Otherwise, if they try to give you an opportunity to get short by retracing

up in here, that's actually not good for the trade, because if it's a good

trade, they won't give anybody else.

We want to make it run right to the 1 34 big figure.

The only person that's going to get short in this position.

Now we'll be chasing price and we don't want to do that.

And we want to see expansion going lower.

You can see, we had a small little bit of an uptick in here.

We want to see it now expand down after that.

If it starts to make a run back above this candle's high, that's already

formed for this 15 minute bar.

I'm going to peel off two minis at that point.

If we get down to 1 34, as soon as we touch them on 34, if we do

it, I will take two off there.

So I'm waiting to see if we see a break below the load that's

already formed, then I'm going to wait before 1 34 to be tested.

Once it hits that I'll take off two minis and three will be remaining.

If we trade above or at this candle.

Where it's, uh, where we at,

if it prints 1 30, 4 31, again, I will take those two off there.

And the reason why I want to take it off, if it goes back to

34 31, again, is because we may be making a low below that here.

And I don't want to sit through that.

I'm going to take profits below an old low, and then it would be just leaving

three minis on still from the shorter.

Okay.

I gotta take some off here too.

Now I have three still on I've taken profit below the low here.

One seven, uh, meaning to the risk has been reduced and I've

also taken off the position.

It's still at a fable favorable location without having to see

it expand too much against me.

What that does is it reduces my.

Mental capital by worrying about how much it moves against me, or if it will at all.

I've already, I've already placed myself in a position of more

profitability and less risk.

Okay.

It's coming back up into the areas where we said it could retrace to earlier.

It would have been acceptable and I would have been okay with leaving the

full half of position on, but because we went down below, we've stopped.

And now we're coming up here to do it.

I don't like to ever see that because it could very easily come back up here and

trade into this void, which he, which would erode more of the open profit.

This is the reason why I wanted to get out of those, uh, extra,

um, too many below this low.

Okay.

We have equities opening up, so.

In the U S market.

So we're going to see what that does for, uh, our dollar CAD.

This is what I was referring to earlier.

We didn't want to see this.

We want to see it trade down into this area here, not just Pope

below this old low look at it.

Now it needs to stay below the midway point of this up candle.

I want to see it straight down through 34, 20 Tuesday at 34 20.

Stop goes to.

34 32, sorry, 34 45.

We're gonna lock in 10 pips on the bounce.

Just if I see a stable, low, that as long as it does that, we're okay.

Making pockets head through it and then reject is fine.

We just don't want to see it go through, especially not to

this close of this candle here.

1 0 1 0 8.

If we see.

Dollar cat dropped down to 34, 20 and below in this dollar index

rallies up through 1 0 1 0 8.

That means they're driving for the 34 20 level.

And it'll probably cap the day and we're going to want to take something

off there as well and drop her.

Stop down to 34 45,

ideally.

We want to see dollar index not go any further than it's at now and

pull lower stops, lower to 34 45.

Take one mini off here

actually had the two people over the weekend say that they were

not getting what I described in the service, and I'm not sure.

But they thought I was going to be doin what I was gonna be doing.

They're outside of what I already said, but I certainly respect everyone's opinion

because if this isn't what I promised and if you're not getting what you were

hoping to get it down, I'm not sure what the hell you were looking for.

Stops lowered to 34 35.

Okay.

So I got 20 pips locked in on the bounce on too many.

We're looking for a run through 34 big figure so far.

We're we're getting what we were hoping to save just a little poke through midway

of that candle already give back already.

That's good.

It does.

Should be accelerating down to that big figure.

1 35.

Just 10 pips away from it and right about here is where usually

gaps where you'll see like a real quick sudden drop down through it.

That's the reason, the reason why that takes place is because they want to

make sure that those stops don't get a chance to cancel before it hits it.

Otherwise the liquidity that they are seeking evaporates.

So you want to see it jumped down through 1 34 big.

It's this close like this, and you anticipate that type of movement.

Watch that dollar index on the left hand side.

See what it's doing right back up against that in the middle point,

little middle portion of that up candle.

So we may end up just coming down, hitting that big figure 34

on dollar CAD and that baby it.

So be careful where I'm going.

I'm looking to take one off.

And then I'm going to drop the stop down this 34, 25, if we get it.

So I'm going to, going to take one more off as we hit 1 34 big figure,

and then stock will drop down 34, 25, as soon as it happens that way, you

know what I'm doing, why I'm doing it, because if I wanted a chance to talk

about it, as I'm doing it, get my tweet together too, in case I have to do that.

This is 10 pips below the big figure that light green area and a

darker shaded area is 20 pips below.

Uh, I had the limit order with expectation that we're going to drive deeper.

Um, I like to leave it there just in case I get lucky and it expands,

but obviously you can see we've been managing the position since we put it on.

So we'll be taking something off.

Should that perspective change, rather not see it trade back above 34

20, ideally it should just continue pressing for that 1 34 big figure.

I like what we're seeing so far on the dollar index.

It's rejecting it's rejection of that up candle midway point.

That's positive for our trade equities are open, so we should see a little

bit more reaction in the market.

And then liquidity below 1 34 big figure associate.

They should definitely want to make a run for those cell stops your, it looks like

it wants to see one to 6 76 80 cables.

When I want to run that 1 25 20 Delta calves should be reaching

for that 1 34 big figure sell stop.

And I look for it, the gap down through 1 34 big figure that would look like

a real quick sudden sell off, but really it's just being repriced before.

It could reprice directly at 1 34 big figure, but I'm

looking for the right price.

Great through it, like 1 30, 3 97, a 1 33 94 real quick print, no ruts.

It should make a real quick sudden movement on this chart here under this

1 34 big figure to about this time.

When folks went long over here with their stop loss, the local.

Yeah.

What are they thinking right now?

Does that feel like a safe trade still to meet long over in here?

What stops just below the lows?

Do you feel empowered?

Really nice dollar action on the left-hand side, rejecting

that a fair, shorter block.

We are looking to see the hourly candle, $1 on the left-hand side.

It turns to a bear's candle.

We're really going to see a drive down to that 33 75 level one USQ.

Let's see if you're a rally yet almost there.

Cable's going to clear that 25 20 level should see range expansion in here.

Our cat got about 18 minutes before we get to 10 o'clock in the morning.

That's when the algo will start pricing in its low the day or that old, you

probably don't know unless you live in the states, but he used to be an

old Heinz ketchup, commercial it pour out rural, real slow, and then they

would play the song anticipation.

That's what I'm hearing in my mind right now.

I'm almost tempted to edit in during this portion of the video

for the recording for you that are not in the U S Nita and get that.

But trust me, anyone that's been around the last 30 years in the U S you remember

that commercial, it was like, we're good for one more lower, low on the CAD,

but I think that'll be it for the day.

So we had to be mindful that what we see going into.

At 34 big figure.

I have my order to take one more mini off.

Should we hit 1 34 big figure?

And again, to stop, I'll drop that down to 34, 25.

Should we hit 34 big figure and then I'll create another order window

so I can collapse that last one.

Should I see unfavorable price?

Once it hits 1 34 big figure might bounce off at 34, 22.

If our dollar index supports the short still.

So I'm going to let it ride with a stop at 34 35.

I'm going to take one off here in lower stop.

25.

Actually it won't let me get 25 or reduce the risk of 34 30.

Don't like the fact that you're a dollar is not rallied when

I thought it would cable still holding that would have supported.

Well weakness on us cat.

I don't like the fact that we're back up in this order block again, and we're

getting ready to go in five minutes.

We'll be at the profit taking hour or the algorithm will change gears.

I would've rather seen it roll down one more time.

And then if it was creating a down move, we live in aggressively

China lower that, that stop loss.

And if it rolls over, that's what we're going to do.

We only have one contract or one meaning on still Monday trading.

This is what it's like.

Everyone's in a hurry to find out what the weekly range is going to be.

Where's the direction it runs been chomping at the bit, the entire weekend.

They can't wait.

They've been reading Barron's, they've been reading wall

street, journal, New York, uh, investors, business daily rather.

Um, everyone's got their opinion.

They're pouring into the marketplace right now, all chasing that dollar.

I'm going to close the trade here.

Say the stop.

All right.

So that's a rep for that trade.

I wanted to see it roll over and go for that 1 34 big figure, a place who I

didn't really mention it out loud, but in my head I was giving it a time stop,

meaning it had to move in my favor.

Um, as we were approaching like that 15 minutes till 10 o'clock

in the morning, it was 9:45 AM.

New York time.

Um, as soon as.

Still throughout that time.

And if it hasn't hit my objective or made any evidence that it wants to go there.

In other words, we're aiming for 1 34 big figure, since it was giving

no continuation there, we traded below an institutional level, 1

34, 20 it's since stalled had a real nice run from 34 65, only one

small little up candle right here.

Just not willing to hold on to it and see if it was going to go.

Uh, another reason why is because I was expecting the Euro dollar to flip into.

Running higher.

And I was wanting to see what we're seeing here in the dollar.

I'm sorry, the British pound versus the dollar here.

We're starting to see it run.

It's going to hit that 25 20 level that should be supporting bullishness

for 1 0 6 72, a six 80 on Euro dollar.

And it did not give me that, uh, follow through.

I was looking for here too close to the 10 o'clock hour.

And when it's already had a real nice run and we're below an old low,

so, and again, it's an institutional level rate above a big figure.

I'm wrong.

That Stanley, when I've always been wrong in the past, the 20

levels supported and recapitalized and you don't see the big figure.

So time of day was a factor for this, uh, collapsed, no complaints on my part.

I'd like what was done today?

Favorable outcome.

Really nice, uh, example of pricing.

Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.