Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated:
1
00:00:19,090 --> 00:00:23,500
Okay, you should be seeing
the dollar index daily chart.
2
00:00:26,110 --> 00:00:26,500
Wonderful.
3
00:00:26,500 --> 00:00:27,670
Thank you very much for that.
4
00:00:30,045 --> 00:00:36,465
Uh, before we get into it, um, I'm going
to talk briefly in referencing how we
5
00:00:36,465 --> 00:00:40,965
are conducting ourselves this month
for the live sessions in the content.
6
00:00:41,265 --> 00:00:43,875
So that way I have no more emails
sent to me and we all understand
7
00:00:43,875 --> 00:00:48,045
each other because we're dealing
with higher timeframe analysis.
8
00:00:48,495 --> 00:00:51,825
I'm keeping you off of the
lower timeframes purposely
9
00:00:53,644 --> 00:00:55,215
to avoid that we have.
10
00:00:56,040 --> 00:00:59,250
No discussions less than a daily chart.
11
00:00:59,280 --> 00:01:04,590
So any focal points that we refer to are
all going to be specifically designed
12
00:01:04,590 --> 00:01:09,750
to aim at the daily chart off of a
weekly level, off of a monthly level.
13
00:01:10,140 --> 00:01:10,470
Okay.
14
00:01:10,980 --> 00:01:16,110
Um, you're going to learn by the
end of this month, how that's very
15
00:01:16,440 --> 00:01:20,880
influential in terms of how I trade
and why my frequency is very low
16
00:01:20,910 --> 00:01:22,440
compared to whereby else thinks it is.
17
00:01:23,985 --> 00:01:28,785
The mentorship has caused me to spend
a great deal, more time in the markets
18
00:01:28,785 --> 00:01:30,315
and in watching price and stuff.
19
00:01:30,795 --> 00:01:34,395
But in reality, I don't spend that
much time actually in the marketplace.
20
00:01:34,575 --> 00:01:39,465
I use this means of going through
the analysis and I wait for
21
00:01:39,465 --> 00:01:42,465
really good setups and I only
trade around those time periods.
22
00:01:42,975 --> 00:01:45,465
Um, there are times where
I won't get a weekly setup.
23
00:01:45,645 --> 00:01:48,134
I'll miss it because it didn't give
me what I thought was going to happen.
24
00:01:48,825 --> 00:01:50,865
Um, you can't lose money doing that.
25
00:01:52,110 --> 00:01:53,880
Because I like to trade passively.
26
00:01:53,880 --> 00:01:57,900
Now I don't, I'm not as aggressive
as I usually am as a younger man.
27
00:01:57,929 --> 00:02:02,130
I was much more aggressive and
trading all the time, but you'll
28
00:02:02,130 --> 00:02:08,160
see why my frequency is a lot lower
than what most people would expect.
29
00:02:08,490 --> 00:02:11,550
And it's going to help
you trade like that.
30
00:02:11,550 --> 00:02:11,910
If it's.
31
00:02:13,485 --> 00:02:18,885
But it's not going to limit you to
that type of trading, but it allows
32
00:02:18,885 --> 00:02:21,015
you the framework to wait for the
right ones that you want to be
33
00:02:21,015 --> 00:02:22,725
trading with the highest probability.
34
00:02:23,595 --> 00:02:25,515
It doesn't mean you aren't
going to use this information
35
00:02:25,515 --> 00:02:26,505
going into lower timeframes.
36
00:02:26,565 --> 00:02:28,275
Then they can be a short term trade.
37
00:02:28,275 --> 00:02:29,385
It can be a day trader or a scale.
38
00:02:30,239 --> 00:02:32,220
But you are going to be trading
in one side of the marketplace.
39
00:02:32,250 --> 00:02:36,390
Predominantly when we go into
smaller timeframe stuff, you'll
40
00:02:36,390 --> 00:02:38,519
be able to trade on both sides
of the marketplace, regardless
41
00:02:38,519 --> 00:02:40,049
of what this timeframe tells you.
42
00:02:40,680 --> 00:02:43,320
But you also learned that when
you're losing money, you'll know
43
00:02:43,320 --> 00:02:45,390
why you lost money because you
went against the hard timeframe.
44
00:02:47,220 --> 00:02:51,660
So the live sessions are going to
be an opportunity for me to kind of
45
00:02:51,660 --> 00:02:55,980
like give you a catch up on what's
going on right now in the marketplace.
46
00:02:56,924 --> 00:02:59,715
Um, I know some of you feel
disconnected because it's all just
47
00:02:59,715 --> 00:03:02,385
teaching and nothing about what
the markets are doing right now.
48
00:03:02,894 --> 00:03:05,864
So I'm using Tuesdays and Thursdays
to kind of sit down with you and
49
00:03:05,864 --> 00:03:08,204
say, okay, where we're at right now.
50
00:03:08,415 --> 00:03:09,945
This is what we need to be watching.
51
00:03:10,305 --> 00:03:10,605
Okay.
52
00:03:10,605 --> 00:03:14,445
So it keeps the mindset of what
the marketplace is doing right now.
53
00:03:14,535 --> 00:03:18,555
Fresh in your mind also reminding
you that you certain things
54
00:03:18,975 --> 00:03:20,355
that you've learned so far.
55
00:03:24,755 --> 00:03:31,805
If you do anything outside
of the teachings, aim, you're
56
00:03:31,805 --> 00:03:33,095
really distracting yourself.
57
00:03:33,185 --> 00:03:38,315
So if you're looking at like, you know,
London setups and New York setups,
58
00:03:39,455 --> 00:03:40,595
you're doing yourself a disservice.
59
00:03:40,625 --> 00:03:43,565
I know you want to be trading
and some of you have joined this.
60
00:03:44,850 --> 00:03:47,910
Hoping you're going to get spoonfed
trades right away and do all that,
61
00:03:48,060 --> 00:03:51,420
that you'll get those types of things
coming in the next couple months.
62
00:03:51,960 --> 00:03:53,910
But this one here really
focused on this month.
63
00:03:54,570 --> 00:03:57,870
We really try to eliminate all that
distraction on the lower timeframes,
64
00:03:58,500 --> 00:04:02,130
because if you can focus on what you're
learning, just in this content alone,
65
00:04:03,090 --> 00:04:08,310
it'll build all the other disciplines
in, in a much more organized fashion.
66
00:04:08,310 --> 00:04:10,640
You'll, you'll have a lot better
understanding and I can't stress it.
67
00:04:11,640 --> 00:04:14,940
So, yes, you have to force yourself
not to look at lower timeframes.
68
00:04:14,940 --> 00:04:16,980
So don't practice in your
demo count day trading.
69
00:04:17,450 --> 00:04:18,930
Don't be doing it as entry pattern.
70
00:04:18,959 --> 00:04:21,269
Uh, you drill is nothing like that.
71
00:04:21,269 --> 00:04:23,070
Focus on cause there's so much content.
72
00:04:24,360 --> 00:04:25,490
He has a lot of stuff coming in.
73
00:04:25,490 --> 00:04:29,040
So you want to be focused on, so
study only this content only don't go
74
00:04:29,040 --> 00:04:32,850
back and look at it November stuff in
October and September deal with this,
75
00:04:33,180 --> 00:04:37,770
because if you lag in your understanding
of what this month is giving you, I
76
00:04:37,770 --> 00:04:39,930
promise you, you are going to struggle.
77
00:04:40,725 --> 00:04:41,925
With the next coming months.
78
00:04:42,885 --> 00:04:47,415
So to avoid all of the emails saying,
I really don't feel sure about
79
00:04:47,415 --> 00:04:49,035
this, or I'm unsure about that.
80
00:04:49,035 --> 00:04:52,185
It's because you're not spending
enough time studying just this content.
81
00:04:52,845 --> 00:04:55,815
So unless the content that
you're studying is on the January
82
00:04:55,815 --> 00:04:59,085
forum posts, you're messing up.
83
00:04:59,295 --> 00:05:00,885
You're you're not
following my instructions.
84
00:05:00,885 --> 00:05:02,355
You're not going along with the program.
85
00:05:02,625 --> 00:05:02,835
Okay.
86
00:05:02,835 --> 00:05:06,675
So the, get yourself in line,
stop looking at other ICT stuff.
87
00:05:06,675 --> 00:05:08,385
And that includes my other free tutorials.
88
00:05:08,415 --> 00:05:09,345
Don't even look at that stuff.
89
00:05:10,395 --> 00:05:15,075
Because I need to know where the
shortcomings are at the end of
90
00:05:15,075 --> 00:05:18,945
this month, because I have to
patch anything that you didn't get.
91
00:05:19,635 --> 00:05:23,055
I have to make additions to what
I have planned for in February.
92
00:05:23,895 --> 00:05:28,724
And I don't want to, I don't want to
lag behind a great deal of uncertainty
93
00:05:28,724 --> 00:05:31,815
that may arrive, which I knew it was
going to happen regardless because
94
00:05:31,815 --> 00:05:33,105
there's a lot of content in January.
95
00:05:33,375 --> 00:05:33,705
Lots of.
96
00:05:34,650 --> 00:05:38,820
But I need to know that the bulk of it
is understood collectively that way.
97
00:05:38,820 --> 00:05:42,120
If we have a good group that does
understand it, and you can all
98
00:05:42,120 --> 00:05:45,120
support one another in the forum,
which is why that tool is there.
99
00:05:46,090 --> 00:05:52,510
The Tuesday, Tuesdays, and Thursday
sessions again are just primarily for
100
00:05:52,510 --> 00:05:57,790
me to sit down with you and look at live
market action on the daily charts, only
101
00:05:57,820 --> 00:06:02,620
focusing on what levels are most likely
going to be drawing on price and in.
102
00:06:03,885 --> 00:06:06,855
Make notations not to go
into lower timeframes.
103
00:06:07,125 --> 00:06:07,395
Okay.
104
00:06:07,395 --> 00:06:08,685
That's not what you're going to do.
105
00:06:09,405 --> 00:06:11,655
I'm going to tell you what you
should, how you should study with
106
00:06:11,655 --> 00:06:13,725
this information during this session.
107
00:06:14,445 --> 00:06:18,345
And that way you can go back and look
at it in hindsight, what you would
108
00:06:18,345 --> 00:06:20,025
have expected off of a daily chart.
109
00:06:20,115 --> 00:06:23,715
You should see later on at the end
of this week in the lower timeframes.
110
00:06:25,125 --> 00:06:30,195
If you don't study it, like I'm telling
you, you are not going to trust it when
111
00:06:30,195 --> 00:06:31,635
you start using it, when you treat.
112
00:06:32,715 --> 00:06:35,924
Because you're going to be still wondering
and worrying about whether, if it's going
113
00:06:35,924 --> 00:06:41,445
to pan out or not, the way you practice
higher timeframe charts is you study it.
114
00:06:41,895 --> 00:06:45,315
You arrive at what you think may
occur in price action on the higher
115
00:06:45,315 --> 00:06:46,844
timeframe, monthly, weekly, and daily.
116
00:06:48,164 --> 00:06:51,405
Your framework around the trades
are always going to be on a daily
117
00:06:51,405 --> 00:06:56,984
chart, the ideas and the support
for strengths behind that trade.
118
00:06:57,284 --> 00:06:58,995
It's going to be reflected
on the weekly and the.
119
00:07:00,150 --> 00:07:03,690
If you have weekly and monthly charts
indicating that your level, your
120
00:07:03,690 --> 00:07:05,969
trading is supportive in nature.
121
00:07:05,969 --> 00:07:08,880
In other words, if the monthly and the
weekly suggests that there is in fact,
122
00:07:08,880 --> 00:07:14,460
a very low likelihood of higher prices,
because we're really high up in a premium
123
00:07:15,000 --> 00:07:17,219
range on those two hard timeframes.
124
00:07:17,849 --> 00:07:22,320
If you're looking for sell scenarios in a
daily chart, they're very high, probably.
125
00:07:23,590 --> 00:07:26,350
So it's going to allow you
to have that, that mindset.
126
00:07:26,350 --> 00:07:26,500
Okay.
127
00:07:26,500 --> 00:07:28,990
Well, I know what I'm looking
for and I'm going to wait for
128
00:07:28,990 --> 00:07:30,790
a key level on a daily chart.
129
00:07:32,320 --> 00:07:34,720
Once you arrive at, like, we
have some of them here on this
130
00:07:34,720 --> 00:07:35,920
chart here for the dollar index.
131
00:07:36,250 --> 00:07:36,550
Okay.
132
00:07:37,450 --> 00:07:41,050
What we do is you anticipate two
sides of things and in Friday's
133
00:07:41,050 --> 00:07:44,920
close, as soon as Friday's close
happens, look at your charts.
134
00:07:44,920 --> 00:07:48,040
It break down the pairs that
would have had influence based
135
00:07:48,040 --> 00:07:50,470
on what we're describing here on
the daily chart, on the dollar.
136
00:07:51,795 --> 00:07:55,485
When you go back into your charts,
then in hindsight, you're going to
137
00:07:55,485 --> 00:07:59,985
be able to see what the market did
and how that draws a parallel to what
138
00:07:59,985 --> 00:08:01,515
you anticipated on the daily chart.
139
00:08:02,474 --> 00:08:06,224
There's this gap in understanding that
even folks that have studied my free
140
00:08:06,224 --> 00:08:11,355
stuff and so far in the mentorship,
let me preface it by saying this.
141
00:08:11,385 --> 00:08:13,844
There are some that are getting
light bulb moments, right?
142
00:08:14,700 --> 00:08:17,099
You're just there, like, wow,
I'm really starting to see a
143
00:08:17,099 --> 00:08:18,090
lot of things and that's great.
144
00:08:18,539 --> 00:08:20,369
And I'm not trying to discount that.
145
00:08:20,489 --> 00:08:20,760
Okay.
146
00:08:20,760 --> 00:08:22,090
Cause that's the, that's
what you paid for.
147
00:08:22,289 --> 00:08:22,650
Okay.
148
00:08:22,679 --> 00:08:26,549
But I'm, my focus is for the
folks that aren't there yet, and
149
00:08:26,549 --> 00:08:28,109
I want them to catch up to you.
150
00:08:28,770 --> 00:08:34,110
So if we're looking at this daily
timeframe and we have ideas in mind
151
00:08:34,110 --> 00:08:36,419
that we think the price is going to
go one way or the other, based on
152
00:08:36,419 --> 00:08:39,720
what we're describing in each one of
these payers that we're talking about
153
00:08:39,720 --> 00:08:42,150
before I close today, it's important.
154
00:08:43,095 --> 00:08:46,125
That you understand that
you're not setting up a trade.
155
00:08:46,725 --> 00:08:48,165
That's not what this month is.
156
00:08:48,405 --> 00:08:51,045
This month is what I, that's
not what I'm, I didn't say that
157
00:08:51,045 --> 00:08:55,905
correctly, this month is setting up a
framework for high probability trades
158
00:08:56,295 --> 00:08:57,495
based on a hard timeframe set up.
159
00:08:58,725 --> 00:09:02,325
We're going to teach you how
to enter in the daily timeframe
160
00:09:02,595 --> 00:09:03,465
and you have all that stuff.
161
00:09:03,495 --> 00:09:03,825
Yes.
162
00:09:03,855 --> 00:09:09,165
But the main takeaway is you want to
know when the trade is really there and
163
00:09:09,165 --> 00:09:11,745
if it's not, you'll know why it's not
there and you'll wait and you'll see.
164
00:09:13,505 --> 00:09:17,465
If you don't do the things I'm
going to tell you to do, and these
165
00:09:17,465 --> 00:09:20,855
teachings on Tuesdays and Thursdays
and apply it to your live charts
166
00:09:21,095 --> 00:09:25,265
and how apply the teachings that you
learn throughout this entire month.
167
00:09:25,865 --> 00:09:28,835
Um, the eight lessons
really isn't accurate.
168
00:09:28,835 --> 00:09:30,935
I should have changed that, and I
don't know how many lessons were in
169
00:09:30,935 --> 00:09:32,825
that having by the end of the month,
but you're gonna have a whole lot
170
00:09:32,825 --> 00:09:34,985
more than eight teachings for January.
171
00:09:35,555 --> 00:09:37,985
Um, I have two, I have two teachings
right now that I'm feeling.
172
00:09:39,150 --> 00:09:42,599
So making sure that they dovetail
nicely, the next one's actually how
173
00:09:42,599 --> 00:09:48,329
to use the Ellipta data ranges, uh,
introduced the concept, um, the first
174
00:09:48,329 --> 00:09:51,120
teaching so far for January, but I'm
actually going to go in and tell you
175
00:09:51,120 --> 00:09:54,089
what you're doing with that information,
because there's a lot of questions
176
00:09:54,089 --> 00:09:55,709
about, you know, how far do I look back?
177
00:09:56,160 --> 00:09:59,099
You know, what, what level is
more influential than the other?
178
00:09:59,250 --> 00:10:00,569
That's what the data range is.
179
00:10:00,599 --> 00:10:00,689
Okay.
180
00:10:01,560 --> 00:10:05,430
So in other words, why am I, why am
I picking a specific order block?
181
00:10:05,939 --> 00:10:08,010
Why am I looking at that
gap versus something else?
182
00:10:08,010 --> 00:10:10,680
So why am I looking at that
old high versus this old high?
183
00:10:11,010 --> 00:10:13,230
Why did I use that swing
load versus this swing load?
184
00:10:13,260 --> 00:10:17,250
That's what the, if the data ranges do,
it provides a context of what you're
185
00:10:17,250 --> 00:10:18,850
looking for and what range of looking.
186
00:10:19,590 --> 00:10:22,260
And that way you'll know everything
that we're teaching in January
187
00:10:22,260 --> 00:10:24,960
builds on everything you've
already learned in the free.
188
00:10:26,605 --> 00:10:27,475
It amplifies.
189
00:10:27,835 --> 00:10:30,895
And in over between January and
February, you're going to take a huge
190
00:10:30,895 --> 00:10:33,775
leap in your understanding about what
you think you've already understood.
191
00:10:34,285 --> 00:10:38,065
It's going to boom, the, the, the temp,
the tumblers are going to turn and you'll
192
00:10:38,065 --> 00:10:40,525
know exactly what it is that you're,
you're trying to find in the charts.
193
00:10:42,085 --> 00:10:45,115
So again, in summary, so we can get,
get through the charts here and go
194
00:10:45,115 --> 00:10:46,225
through what what's going on right now.
195
00:10:47,670 --> 00:10:50,609
Tuesdays and Thursdays, when we sit down,
it's only gonna be a 30 minute session.
196
00:10:50,939 --> 00:10:53,130
It's not gonna be a
long drawn out process.
197
00:10:53,130 --> 00:10:57,870
Like this has become so far, but I have
to give you some kind of, uh, expectation
198
00:10:57,900 --> 00:11:02,130
look for we're going to look at live
price action on Tuesdays and Thursdays.
199
00:11:02,579 --> 00:11:03,839
So there's two reference
points throughout the.
200
00:11:05,465 --> 00:11:08,584
And then you're going to using
the teachings that go through your
201
00:11:08,584 --> 00:11:10,954
learning process because they're
like be too many live sessions.
202
00:11:10,985 --> 00:11:12,965
Number one, I'm not going to have
the time to get the work done, to
203
00:11:12,965 --> 00:11:16,055
get all the content to you because
it takes a lot of work to make the
204
00:11:16,055 --> 00:11:18,305
slides, create the information process.
205
00:11:18,305 --> 00:11:19,625
It edit it it's a lot.
206
00:11:19,775 --> 00:11:21,665
It takes a lot of work and time.
207
00:11:21,965 --> 00:11:25,655
So when I do my sessions,
it's still the same thing.
208
00:11:25,655 --> 00:11:28,055
I'm producing, editing
and doing all that stuff.
209
00:11:28,084 --> 00:11:31,505
And it takes away the time that I need
to put together the teachings, which
210
00:11:31,505 --> 00:11:32,314
is really what you're looking at.
211
00:11:33,060 --> 00:11:35,160
For this month, you have
to learn a lot of stuff.
212
00:11:36,600 --> 00:11:39,930
So with all that, let's
go into the dollar index.
213
00:11:39,970 --> 00:11:44,700
I gave you a quick little,
uh, overview last night about
214
00:11:44,700 --> 00:11:45,810
the levels I'm looking for.
215
00:11:46,470 --> 00:11:50,189
And this is zero hour, a little bit more.
216
00:11:54,520 --> 00:11:54,880
All right.
217
00:11:54,880 --> 00:11:58,870
So before we get into any analysis,
just, I want to remind you
218
00:11:58,870 --> 00:12:00,100
that we are still early in the.
219
00:12:01,800 --> 00:12:03,780
There's a lot of money on
the sidelines right now.
220
00:12:04,020 --> 00:12:09,959
And, uh, last month I was actually
cruising through YouTube cause I
221
00:12:09,969 --> 00:12:13,500
pre, um, I like to go through and
see if anybody's using my stuff.
222
00:12:13,680 --> 00:12:18,990
And a lot of people are doing
it now, but I'd look for, um,
223
00:12:19,319 --> 00:12:20,640
opinions about certain things.
224
00:12:21,000 --> 00:12:23,880
And I love these folks.
225
00:12:23,880 --> 00:12:26,640
They come out and create YouTube
channels and they say that, you know,
226
00:12:26,670 --> 00:12:29,010
people say that you shouldn't be
trading right now because there's no.
227
00:12:29,729 --> 00:12:33,569
Liquidity in a marketplace, like the
banks go on hiatus because it's Christmas
228
00:12:33,569 --> 00:12:35,849
time or it's January 1st or whatever.
229
00:12:36,569 --> 00:12:41,969
And that's just a glaring, obvious
undertone of their ignorance.
230
00:12:42,945 --> 00:12:44,295
The markets are going to move around.
231
00:12:44,295 --> 00:12:44,685
Yes.
232
00:12:44,775 --> 00:12:47,415
They're absolutely going to move
around just because there's a holiday
233
00:12:47,415 --> 00:12:50,925
in the U S or because there's a
national holiday in another country.
234
00:12:51,375 --> 00:12:53,625
It doesn't mean that the market
won't be moving price around.
235
00:12:53,655 --> 00:12:54,825
Yes, it's absolutely true.
236
00:12:54,975 --> 00:12:55,305
Okay.
237
00:12:55,305 --> 00:13:00,885
But if you looked at what price has been
doing, it's moved around erotically a lot.
238
00:13:00,975 --> 00:13:02,355
There's been big gaps.
239
00:13:02,385 --> 00:13:05,775
There's been illiquid
movements, not because of the
240
00:13:05,775 --> 00:13:07,995
central bank delivering price.
241
00:13:08,475 --> 00:13:09,465
It's because your.
242
00:13:10,515 --> 00:13:15,885
Isn't going to allow efficiency and
delivery of your execution on your orders.
243
00:13:16,515 --> 00:13:21,945
So you have to have a clearing
house to do your execution.
244
00:13:23,595 --> 00:13:27,015
The seasonal influence that this type
of this type of trading in this time
245
00:13:27,015 --> 00:13:30,885
of year creates is that you're at
the mercy of whether or not your own.
246
00:13:30,885 --> 00:13:32,175
Broker's gonna make a run on you.
247
00:13:32,715 --> 00:13:32,925
And.
248
00:13:34,035 --> 00:13:38,055
Again, it's all ignorance on the part of
90% of the people that try to teach stuff.
249
00:13:38,145 --> 00:13:39,045
They think they know everything.
250
00:13:39,075 --> 00:13:42,435
Even people, they say they owned
broker trends before they fill the,
251
00:13:42,525 --> 00:13:46,515
they fill the internet up with all
these stupidities that don't have
252
00:13:46,515 --> 00:13:47,955
any basis on what's really going on.
253
00:13:48,585 --> 00:13:51,765
So I remind you that if you're
actively trying to trade right now,
254
00:13:51,825 --> 00:13:53,415
you're really pushing it too soon.
255
00:13:53,835 --> 00:13:54,405
Don't do it.
256
00:13:54,615 --> 00:13:55,035
Okay.
257
00:13:55,065 --> 00:13:57,645
Just wait, let another
week close behind us.
258
00:13:57,975 --> 00:14:00,435
And then we'll have a lot more
liquidity coming to the marketplace.
259
00:14:01,275 --> 00:14:04,425
With that said, just understand
that we still are in a time where
260
00:14:04,605 --> 00:14:06,615
the market isn't symmetrical yet.
261
00:14:07,155 --> 00:14:10,335
It says a lot of things have
to work out and smooth out.
262
00:14:10,335 --> 00:14:13,455
And then once that gets back in sync,
there'll be all kinds of set ups again.
263
00:14:14,385 --> 00:14:17,835
But looking at the dollar,
there's a couple of reference
264
00:14:17,835 --> 00:14:19,935
points that have my intention.
265
00:14:19,935 --> 00:14:23,835
I think that we're going to sweet
below that 1 0 1 28 level on here.
266
00:14:24,165 --> 00:14:25,575
I certainly wants to reach down into it.
267
00:14:25,605 --> 00:14:27,405
It's already gone down
below to mean threats.
268
00:14:28,395 --> 00:14:29,745
Of this last down candle.
269
00:14:29,895 --> 00:14:34,515
And while we only went above that candle,
despite a little bit, in my opinion,
270
00:14:34,545 --> 00:14:39,195
we've already cleared the likelihood of
it being coming, a bullet shorter block.
271
00:14:40,305 --> 00:14:45,225
Now, what has my concern is we
may be just capitalizing again
272
00:14:45,225 --> 00:14:46,935
on this old order block here.
273
00:14:46,935 --> 00:14:47,765
So we've come.
274
00:14:48,600 --> 00:14:50,880
This up candle validated this down camera.
275
00:14:50,880 --> 00:14:51,720
It's a bullet shorter block.
276
00:14:52,140 --> 00:14:53,070
We've come down.
277
00:14:53,250 --> 00:14:54,630
We hit it means threshold.
278
00:14:54,660 --> 00:14:55,140
Perfect.
279
00:14:55,350 --> 00:14:57,060
Rallied up this down.
280
00:14:57,060 --> 00:15:01,020
Candle was cleared here on this
candle here just by Pipper.
281
00:15:01,020 --> 00:15:02,550
So let's see what the actual numbers are.
282
00:15:03,000 --> 00:15:07,110
High comes in at one or 2 48 and
in this candle is high comes in at.
283
00:15:07,965 --> 00:15:08,775
One or two 50.
284
00:15:08,775 --> 00:15:10,965
So I went to pips above that's all.
285
00:15:10,965 --> 00:15:14,865
It's necessary to validate the down
candle for a bullish, shorter block to
286
00:15:14,865 --> 00:15:18,225
make it high probability is you want
to see this order block, at least two
287
00:15:18,225 --> 00:15:23,235
times that order blocks mean threshold
from its high down to its midpoint.
288
00:15:23,535 --> 00:15:28,215
You want to see at least two times that
range move up and then we'll talk about
289
00:15:28,215 --> 00:15:30,165
that also, uh, this month as well.
290
00:15:30,165 --> 00:15:31,905
When we talk about, um, quality.
291
00:15:32,925 --> 00:15:35,415
High probability or a box and
what makes it really significant.
292
00:15:35,775 --> 00:15:39,225
And, but by blending, if the data
ranges and such you'll, you'll see,
293
00:15:39,585 --> 00:15:43,575
like I said, it's a lot of stuff,
but it hasn't done anything to really
294
00:15:43,575 --> 00:15:47,535
make a significant, uh, confirmation
about this being a bullshitter block.
295
00:15:47,535 --> 00:15:52,545
In fact, it's done more to do
any bullishness with this down
296
00:15:52,545 --> 00:15:56,025
candle because it's already
went down below here, Dimitri.
297
00:15:57,120 --> 00:16:02,070
So, what we're watching now is, is there
any sensitivity still left on this one?
298
00:16:03,210 --> 00:16:03,480
Okay.
299
00:16:03,480 --> 00:16:04,950
And then we highlight
it so you can see it.
300
00:16:05,340 --> 00:16:07,020
You can screen capture
this for your notes.
301
00:16:10,350 --> 00:16:15,420
What we're watching is, is there any
remaining buying that would be done here?
302
00:16:15,990 --> 00:16:19,470
Because if it does, it needs to now click.
303
00:16:20,505 --> 00:16:24,405
The top of this candle and it needs
to be done so on a closing basis
304
00:16:24,405 --> 00:16:27,645
now, rarely do you hear me talk
about closing basis on candles?
305
00:16:28,125 --> 00:16:30,974
Um, all I need is a pass through a
specific level to validate something
306
00:16:32,444 --> 00:16:35,535
here, because everything's in
question about this order block,
307
00:16:35,535 --> 00:16:37,665
becoming a reclaim the order block.
308
00:16:38,505 --> 00:16:41,025
If they don't capitalize new
longs in this shaded area.
309
00:16:42,255 --> 00:16:43,605
It's going to break down below this low.
310
00:16:43,605 --> 00:16:44,685
And you're probably saying,
well, that's obvious.
311
00:16:44,685 --> 00:16:48,705
I'm like, well, yes, but we're watching
the sea because we want on this timeframe.
312
00:16:49,365 --> 00:16:52,005
We want to know what side is
it really reaching for it?
313
00:16:52,005 --> 00:16:55,875
Cause now watch what happens if we get
above this candle's high on a closing
314
00:16:55,875 --> 00:17:03,375
basis that suggests that if this
range fills in and we move above the
315
00:17:03,375 --> 00:17:07,275
bodies of the candles over here, this,
this is the highest open or highest.
316
00:17:08,355 --> 00:17:12,045
And the rains that we've now created is a
big, large trading range or consolidation.
317
00:17:13,275 --> 00:17:17,235
The open on this down candle is the
highest of all the bodies in here.
318
00:17:17,595 --> 00:17:19,305
We're just ignoring all the wicks.
319
00:17:19,905 --> 00:17:23,505
So this candles open
comes in at 100, 3 26.
320
00:17:23,505 --> 00:17:28,755
So there's, if this closes in and we move
through it strongly, we're going to be
321
00:17:28,755 --> 00:17:33,645
moving probably a much more significant
price swing above this old candle.
322
00:17:34,815 --> 00:17:37,095
I'm sorry, candles open and WIC.
323
00:17:37,095 --> 00:17:37,785
Won't matter here.
324
00:17:37,815 --> 00:17:39,045
We'll just keep on trading higher.
325
00:17:39,405 --> 00:17:44,205
And basically what it'll be is here's
a low retracement rally, a retracement,
326
00:17:44,205 --> 00:17:48,524
and then there'll be another equal
leg of this low to this high,
327
00:17:48,975 --> 00:17:51,045
that range added to this low here.
328
00:17:51,105 --> 00:17:53,385
If we stay above it, that
would be the next movement.
329
00:17:53,385 --> 00:17:55,725
So that would put us into the 1 0 4 level.
330
00:17:59,014 --> 00:18:03,305
So you can see that that's about what
we would expecting if we get through.
331
00:18:04,110 --> 00:18:09,000
This down candles high, and
we'd cleanly cut through this.
332
00:18:09,000 --> 00:18:12,690
And not only just fill it, but we
blow through to buy this candle,
333
00:18:13,350 --> 00:18:18,570
any movement above this bodies high,
which is the open on this down candle.
334
00:18:19,050 --> 00:18:19,930
And let's do that as well.
335
00:18:19,930 --> 00:18:20,100
It's.
336
00:18:33,629 --> 00:18:38,389
So a move above 100, 3 28 would
suggest we're going into the one
337
00:18:38,399 --> 00:18:41,159
to fours and as high as 1 0 5 60.
338
00:18:42,239 --> 00:18:42,510
Okay.
339
00:18:42,510 --> 00:18:46,260
Now what negates that idea now again,
think this is what we're look we're,
340
00:18:46,260 --> 00:18:47,879
we're outlining this on a daily chart.
341
00:18:48,239 --> 00:18:53,895
So if we get this scenario, But we
go through this gap, we fill that in
342
00:18:54,165 --> 00:18:55,995
and we blow through this high here.
343
00:18:57,345 --> 00:18:59,955
Then we're going to, this is a
consolidation before a continuation
344
00:18:59,955 --> 00:19:04,725
and outside deck is us a great deal,
more pips or rains to reach for.
345
00:19:05,775 --> 00:19:10,725
And if we have that on a daily
timeframe that opens the doors for
346
00:19:10,935 --> 00:19:13,095
short-term trading longs on dollar.
347
00:19:14,475 --> 00:19:19,305
Pairs that begin with the dollars,
their name and shorts on dollar based
348
00:19:19,785 --> 00:19:22,725
crosses that have the dollar as the
second name and their pairs name.
349
00:19:23,025 --> 00:19:26,865
For instance, that would be bears for
your dollar and in British pound versus
350
00:19:26,865 --> 00:19:29,235
dollar Aussie dollar Kiwi dollar.
351
00:19:29,745 --> 00:19:33,345
But if this scenario doesn't
unfold and we get the.
352
00:19:42,955 --> 00:19:44,815
Say we break down below this low here.
353
00:19:45,925 --> 00:19:46,255
Okay.
354
00:19:47,425 --> 00:19:50,125
What were we watching for
is when price trades down.
355
00:19:50,875 --> 00:19:53,485
We want to see it go
aggressively below these stops.
356
00:19:54,205 --> 00:19:56,575
Let me take this off, give
me some more room here.
357
00:19:56,575 --> 00:19:57,505
It's too much stuff going on.
358
00:19:57,505 --> 00:20:00,085
This chart way too busy for an ICT chart.
359
00:20:03,165 --> 00:20:06,825
If we trade below these lows in here,
the sell side liquidity that's below,
360
00:20:06,825 --> 00:20:10,575
or sell soft below this low here and
below the bodies of the candles over
361
00:20:10,575 --> 00:20:12,705
here, they have that is ran out.
362
00:20:12,705 --> 00:20:15,225
We see price go below that
and it trades aggressively.
363
00:20:16,125 --> 00:20:20,265
In my opinion, any retracement from
that point on is going to look to
364
00:20:20,265 --> 00:20:22,935
bounce off of this candles open here.
365
00:20:23,325 --> 00:20:27,105
And that comes at price level 1 0 1 39.
366
00:20:27,105 --> 00:20:28,485
So it could touch one, one.
367
00:20:29,889 --> 00:20:33,010
So, if we break below here, we
would wait for it to come back
368
00:20:33,010 --> 00:20:34,449
up and hit this level here.
369
00:20:35,260 --> 00:20:39,340
If it does that, I believe that
would be a good sell on dollar
370
00:20:39,399 --> 00:20:40,929
to take us down below that one.
371
00:20:40,929 --> 00:20:43,240
Oh, that's our 100 point 16 levels.
372
00:20:43,300 --> 00:20:47,709
So it's got a hundred pit range
that we offer short-term setup
373
00:20:47,709 --> 00:20:49,240
that you could study hindsight on.
374
00:20:50,400 --> 00:20:54,480
After the fact, well, all we're doing now
is we're trying to frame where the daily
375
00:20:54,480 --> 00:20:59,190
chart is going to go next, because now by
doing that, it gives us directional bias.
376
00:20:59,310 --> 00:21:03,300
It gives us a side of the marketplace
to work on and also gives us a mindset
377
00:21:03,300 --> 00:21:07,440
to start looking for ideas that are
supportive in nature with smart money.
378
00:21:07,440 --> 00:21:11,310
It's a technique where you use
the, uh, the dollar versus specific
379
00:21:11,310 --> 00:21:12,930
pairs, comparing highs and lows.
380
00:21:14,040 --> 00:21:16,830
If we see this low broken here, okay.
381
00:21:16,830 --> 00:21:17,610
Have this in your notes.
382
00:21:17,610 --> 00:21:19,160
If we, if we trade lower on.
383
00:21:20,190 --> 00:21:23,580
And we move lower and take out
the Wix and the bodies over here.
384
00:21:24,120 --> 00:21:27,900
Any retracement back up to that
level on this up candles open
385
00:21:28,680 --> 00:21:30,540
at that moment right there.
386
00:21:30,660 --> 00:21:33,300
If it retreats back up to that,
that's when you're going to look
387
00:21:33,300 --> 00:21:38,400
for SMT, you're going to look for
the highs and the dollar and the
388
00:21:38,400 --> 00:21:40,410
lows in your foreign currency pairs.
389
00:21:40,440 --> 00:21:41,790
And you're going to
look for failure swings.
390
00:21:42,330 --> 00:21:43,020
If that occurs.
391
00:21:43,995 --> 00:21:48,195
That that's confirming that this level
is being sold and there's district
392
00:21:48,314 --> 00:21:50,145
distribution underway in the dollar.
393
00:21:50,895 --> 00:21:51,794
And what would that look like?
394
00:21:51,885 --> 00:21:55,365
Well, look at the lessons that this
gave you for January, have a frame
395
00:21:55,365 --> 00:21:58,034
that well would, would constitute
a sell program on the dollar.
396
00:21:58,574 --> 00:22:02,264
What would that look like and how it
looked like in your other currencies?
397
00:22:02,865 --> 00:22:07,485
Well, if we see the scenario
where price trades above.
398
00:22:08,250 --> 00:22:11,340
And we close in this gap
and we move above here.
399
00:22:11,640 --> 00:22:12,090
Okay.
400
00:22:12,480 --> 00:22:17,700
What we're going to be looking for
is on the pairs that have weakness.
401
00:22:18,390 --> 00:22:24,180
We're going to looking for bears,
breakers, bearish order blocks gaps that
402
00:22:24,180 --> 00:22:25,740
need to be filled in above current price.
403
00:22:25,740 --> 00:22:26,130
Action.
404
00:22:26,730 --> 00:22:27,000
Okay.
405
00:22:27,000 --> 00:22:32,550
And then create new selling for your
dollar pound dollar Aussie dollar PVD.
406
00:22:33,480 --> 00:22:37,560
And buys in dollar CAD
dollar Swiss dollar yen.
407
00:22:38,440 --> 00:22:40,560
If we get above this
candles opening right here.
408
00:22:41,130 --> 00:22:41,460
Okay.
409
00:22:42,000 --> 00:22:46,830
So what we're doing is, is we're
giving our daily chart conditions.
410
00:22:46,830 --> 00:22:47,610
It has to meet.
411
00:22:48,780 --> 00:22:53,160
If these conditions are not met, we
cannot do anything because right now
412
00:22:53,160 --> 00:22:55,230
we're in what we're in consolidation.
413
00:22:55,980 --> 00:22:58,290
We're trapped inside this little fractal.
414
00:22:58,290 --> 00:23:01,260
There's no movement outside of
this little tiny arrangement here.
415
00:23:01,560 --> 00:23:02,160
We highlight that.
416
00:23:03,990 --> 00:23:06,900
Price has not been able to
get out of this little box.
417
00:23:07,410 --> 00:23:08,070
That's where we're at.
418
00:23:09,630 --> 00:23:12,030
So we're demanding insight.
419
00:23:13,050 --> 00:23:13,980
There's nothing wrong with that.
420
00:23:14,790 --> 00:23:15,900
Don't think just because.
421
00:23:16,709 --> 00:23:20,850
You're in here with ICT that I'm going
to tell you absolutely with the park
422
00:23:20,850 --> 00:23:22,320
it's going to do when it's like this.
423
00:23:22,320 --> 00:23:26,189
Cause I can't, I, that part I can,
but once it clears a specific level,
424
00:23:26,189 --> 00:23:28,800
I'll tell you all day long where it's
going to go into date to the PIP and
425
00:23:28,800 --> 00:23:32,879
all that business, but you need to have
them show their hand to you right now.
426
00:23:33,889 --> 00:23:35,189
They haven't shown their hand yet.
427
00:23:35,189 --> 00:23:36,209
It's too early in the year.
428
00:23:36,330 --> 00:23:37,560
Nothing's moving yet.
429
00:23:38,310 --> 00:23:38,939
It's not happening.
430
00:23:38,939 --> 00:23:40,800
Even though you can look at a five
minute chart and it looks like
431
00:23:40,800 --> 00:23:43,469
all kinds of hell's breaking loose
and you're missing opportunities.
432
00:23:44,250 --> 00:23:44,909
Go back to the daily.
433
00:23:45,959 --> 00:23:48,689
It's not giving you anything that
you can hang your hat on in terms
434
00:23:48,689 --> 00:23:52,129
of high probability to just relax
and let the market give us more.
435
00:23:53,690 --> 00:23:56,390
There's too many things that
could lead us up into this rain
436
00:23:56,390 --> 00:23:57,400
here, and it could do this.
437
00:23:57,450 --> 00:23:59,000
You go up close range in
there and roll over it.
438
00:23:59,000 --> 00:24:02,390
We don't know yet, but the two most
high probable conditions are we
439
00:24:02,390 --> 00:24:05,720
have to get below this low here,
come back and hit that low there.
440
00:24:05,780 --> 00:24:08,180
That would be a sell idea for dollar.
441
00:24:08,900 --> 00:24:12,530
Or if we trade through this, it needs to
get back above here for high probability
442
00:24:12,530 --> 00:24:16,280
continuation on the upside, which
still gives us room for like 200 pips
443
00:24:16,670 --> 00:24:18,230
for the dollars we get back up into.
444
00:24:18,230 --> 00:24:19,430
Well, not get back up and get up in.
445
00:24:20,459 --> 00:24:23,520
The 1 0 5 60 level, and that's
a nice range to run into.
446
00:24:23,820 --> 00:24:28,050
Once we get above this level here, all
these dollar bulls are gonna be piling in,
447
00:24:28,050 --> 00:24:32,280
and then we may be seeking a capitulation,
which means we'll have amazing sell
448
00:24:32,300 --> 00:24:36,479
scenarios and Euro dollar, um, and all
the other foreign currency pairs, but
449
00:24:36,479 --> 00:24:40,110
longs in dollar based currency pairs that
start with the dollar as their first and
450
00:24:40,110 --> 00:24:43,229
a name like a dollar $10 Swiss dollar yen.
451
00:24:45,075 --> 00:24:47,385
So that's what I'm
anticipating for the dollar.
452
00:24:47,385 --> 00:24:50,465
And until either one of those scenarios
take place, I'm on my hands, I'm sitting
453
00:24:50,475 --> 00:24:52,514
and nothing's going to change that.
454
00:24:52,544 --> 00:24:52,875
Come on.
455
00:24:52,915 --> 00:24:55,425
The commentary is going to be
pretty much lackluster until we get
456
00:24:55,425 --> 00:24:59,865
out of this little consolidation
moving over to the Euro dollar.
457
00:25:00,615 --> 00:25:00,915
Okay.
458
00:25:00,975 --> 00:25:04,754
Uh, we have, uh, a fairway gap
in here that needs to close
459
00:25:04,754 --> 00:25:07,215
in delivery on price here.
460
00:25:07,215 --> 00:25:09,855
We talked about that last
night and we actually did Trey
461
00:25:09,865 --> 00:25:11,235
through on buy-side delivery.
462
00:25:11,685 --> 00:25:13,185
I could still come down here.
463
00:25:13,185 --> 00:25:14,955
If we leave it open, it's a breakaway gap.
464
00:25:14,955 --> 00:25:16,875
That means the market has
moved away aggressively.
465
00:25:17,235 --> 00:25:19,815
And then we will be looking for
this to be closed in and then move
466
00:25:19,815 --> 00:25:22,965
above these equal highs up here
with the buyers of the candle.
467
00:25:22,975 --> 00:25:24,855
So think about this, ignore this wick.
468
00:25:25,725 --> 00:25:25,965
Okay.
469
00:25:25,965 --> 00:25:30,195
And just imagine if this was just how the
candles formed, you know what that is?
470
00:25:30,195 --> 00:25:31,605
It's two, it's two perfectly.
471
00:25:31,605 --> 00:25:32,085
It's a table.
472
00:25:32,985 --> 00:25:34,935
Okay then think about it.
473
00:25:34,935 --> 00:25:37,995
You ever seen these movies where
the guy comes in and they tip over
474
00:25:38,835 --> 00:25:39,995
everything it's on top of the table.
475
00:25:40,035 --> 00:25:41,175
That's exactly what the
market's going to do.
476
00:25:41,175 --> 00:25:45,435
It's going to upset all that perfect
uniform delivery of price there too.
477
00:25:45,435 --> 00:25:46,605
Perfect way, way too.
478
00:25:46,605 --> 00:25:46,995
Perfect.
479
00:25:48,105 --> 00:25:50,955
There's guys on the internet, they
call this, uh, well, I'm going
480
00:25:50,955 --> 00:25:51,765
to go, we do that in the office.
481
00:25:52,125 --> 00:25:57,465
Uh, but they, they have a lot of affinity
for this being a resistance level.
482
00:25:57,465 --> 00:25:59,385
So therefore, you know,
what's going to be above that.
483
00:25:59,385 --> 00:26:01,725
It's Candyland it's by stop
stressing, right above.
484
00:26:02,595 --> 00:26:06,165
So the price could, if it gets out of
that same little consolidation we're
485
00:26:06,165 --> 00:26:08,745
in right now, we don't know if it's
going to come down and fill in that gap.
486
00:26:09,375 --> 00:26:11,115
And we don't know if it's going
to go right up here first.
487
00:26:11,325 --> 00:26:15,915
Either one will give us more insight, but
we need either one of those conditions
488
00:26:15,915 --> 00:26:20,235
to be met, to have new deciding factors
on whether we're going to be trading long
489
00:26:20,235 --> 00:26:22,245
or short relative to the Euro dollar.
490
00:26:23,175 --> 00:26:26,085
So we're looking for the delivery
to come down here and close that in.
491
00:26:26,085 --> 00:26:27,465
If it hits this down candles.
492
00:26:29,115 --> 00:26:32,085
When do I look at the hi Michael and
window, look at the open or wonder.
493
00:26:32,085 --> 00:26:36,435
I look at the clothes, this
condition on this down candle,
494
00:26:36,465 --> 00:26:38,055
even though it's all mostly WIC.
495
00:26:38,805 --> 00:26:40,905
That's the only last down
candle you have here.
496
00:26:41,355 --> 00:26:41,745
Okay.
497
00:26:41,895 --> 00:26:43,005
Otherwise you have to cut through this.
498
00:26:43,335 --> 00:26:46,365
The requirement is it has to
close in this gap between this
499
00:26:46,365 --> 00:26:47,595
candle here in this candle here.
500
00:26:47,595 --> 00:26:48,825
And there's no trading in between.
501
00:26:49,095 --> 00:26:50,475
This candle is high in this candle is low.
502
00:26:51,375 --> 00:26:54,035
So to fill that in, it would have
to come down here and hit this level
503
00:26:54,055 --> 00:26:55,815
100, 4 48, which is the highest.
504
00:26:57,210 --> 00:26:59,730
Or one on 4 47, rather one to 4 47.
505
00:26:59,880 --> 00:27:01,260
That's the level that you would have on.
506
00:27:01,260 --> 00:27:05,610
So you would add your PIP, a
PIP spread, which is five pairs.
507
00:27:05,610 --> 00:27:10,320
We'll add as a, as a buffer, you'd
have five pips to 1 0 4 47, and that
508
00:27:10,320 --> 00:27:11,280
would be your entry to go along.
509
00:27:12,120 --> 00:27:12,900
That's how you use it.
510
00:27:12,900 --> 00:27:15,570
Otherwise, if there was a open
that was a little bit lower,
511
00:27:15,930 --> 00:27:16,800
you'd still be using the.
512
00:27:18,220 --> 00:27:20,110
So that's the difference between no.
513
00:27:20,230 --> 00:27:21,880
What differentiate is for your note pad?
514
00:27:21,880 --> 00:27:22,090
Now?
515
00:27:22,810 --> 00:27:23,770
What differentiates?
516
00:27:23,770 --> 00:27:25,810
When I look at an order
block, when do I used to high?
517
00:27:25,810 --> 00:27:30,430
And when I use the body, the gap that's
associated around it, if there's a
518
00:27:30,430 --> 00:27:36,070
fair value gap you use the wicks high
or the wicks low, or the candles low,
519
00:27:36,130 --> 00:27:38,950
basically the candles low, where the
candle is high on the order block.
520
00:27:39,520 --> 00:27:40,690
If it's a bullish order block.
521
00:27:41,530 --> 00:27:41,920
Okay.
522
00:27:42,310 --> 00:27:45,040
And you're looking forward to
be a new buying opportunity.
523
00:27:45,915 --> 00:27:49,274
Your question is, is, do I use
the open of a candle, which
524
00:27:49,274 --> 00:27:51,254
is the body on a down candle?
525
00:27:51,284 --> 00:27:56,625
Or do I use the high of the candle to
answer that question is if there is
526
00:27:56,625 --> 00:27:59,054
no fair value gap you use the body.
527
00:27:59,445 --> 00:28:04,695
If there is a fair value gap around
that low, you use the I'm confusing
528
00:28:04,695 --> 00:28:08,864
myself saying it, the fair value
gap you use the high of the.
529
00:28:09,810 --> 00:28:12,270
Because it needs to just go down
here and close this gap and it does
530
00:28:12,270 --> 00:28:13,709
not need to go down to this body.
531
00:28:14,129 --> 00:28:16,649
It can, but you're executing on the high.
532
00:28:17,520 --> 00:28:20,459
If this gap didn't occur, you
would wait for, to come all the
533
00:28:20,459 --> 00:28:22,530
way down and hit the by the candle.
534
00:28:22,590 --> 00:28:25,320
And then you would add the five
pips there and you just reverse
535
00:28:25,320 --> 00:28:26,610
it for bearish shorter blocks.
536
00:28:27,120 --> 00:28:30,479
When you're looking for a sell at
the low, you're going to do that.
537
00:28:30,479 --> 00:28:31,889
If there's a fair value gap in that.
538
00:28:32,930 --> 00:28:37,110
It's based on if it's new fair value,
you got up in that high, you're going to
539
00:28:37,110 --> 00:28:38,430
trade it up into the body of the candle.
540
00:28:38,430 --> 00:28:39,300
And it's just that simple.
541
00:28:39,300 --> 00:28:42,330
So now you can laugh everybody
over there on the internet and they
542
00:28:42,330 --> 00:28:43,520
talk about, oh, it's precision.
543
00:28:43,590 --> 00:28:44,730
He doesn't know what you're going to use.
544
00:28:44,730 --> 00:28:45,720
The higher, the lower the body.
545
00:28:45,870 --> 00:28:46,380
That's the rule.
546
00:28:46,390 --> 00:28:49,530
That's all there is to that or blocks
are qualified based on if there's
547
00:28:49,530 --> 00:28:52,380
a fair value gap at the high or
the low that you're trading off of
548
00:28:53,010 --> 00:28:54,570
new fair yet new fair value gap.
549
00:28:54,810 --> 00:28:55,230
Okay.
550
00:28:55,410 --> 00:28:56,460
You're gonna use the body of the candle.
551
00:28:57,210 --> 00:29:00,120
If there's a fair value gap,
it's only going to require
552
00:29:00,120 --> 00:29:01,380
you to touch that candles.
553
00:29:02,685 --> 00:29:06,915
When a bullshitter block or touch
that candles low for cell signal.
554
00:29:06,945 --> 00:29:07,844
What a bear shorter block.
555
00:29:07,875 --> 00:29:08,625
It's that simple.
556
00:29:08,655 --> 00:29:09,495
There's nothing else to it.
557
00:29:09,495 --> 00:29:11,834
And you can prove it to yourself from
one day, going through some old data
558
00:29:12,225 --> 00:29:15,344
it's there tonight, you know, when
to use the body when you use the WIC.
559
00:29:15,344 --> 00:29:17,415
So please never ask me
that question again.
560
00:29:18,584 --> 00:29:18,885
All right.
561
00:29:18,885 --> 00:29:22,485
So let's go over to the pound dollar.
562
00:29:24,284 --> 00:29:24,495
All right.
563
00:29:24,495 --> 00:29:24,764
This one.
564
00:29:26,710 --> 00:29:29,110
It's a little bit more
movement expected in here.
565
00:29:29,110 --> 00:29:32,379
If we're going to run out the Wix
and it still could do that, uh,
566
00:29:32,440 --> 00:29:36,490
once 1 32, let's go back over here.
567
00:29:36,580 --> 00:29:40,030
And that's that last candle
rate in here in October.
568
00:29:41,080 --> 00:29:43,690
So we've already wiped out all
the buys of the candles in here.
569
00:29:43,720 --> 00:29:46,360
And let me double click on
here and give you that level.
570
00:29:46,840 --> 00:29:47,410
That was
571
00:29:51,280 --> 00:29:51,730
right there.
572
00:29:51,730 --> 00:29:52,930
This candle right here.
573
00:29:55,935 --> 00:30:00,794
October 28th and that's that
candles opening right here.
574
00:30:01,155 --> 00:30:04,845
We swept down below that and that's
the lowest body candle and that whole
575
00:30:04,845 --> 00:30:09,524
patch of data back here in October,
we've already stabbed through it once
576
00:30:09,524 --> 00:30:10,815
we stepped through it again today.
577
00:30:10,815 --> 00:30:13,125
And we're right back above
it, sitting on it again here.
578
00:30:13,815 --> 00:30:19,034
So we could come back up and hit this
level, this candles close, which is.
579
00:30:20,844 --> 00:30:22,435
1 22 29.
580
00:30:22,435 --> 00:30:26,665
So I go to 1 20, 2 30 and
still continuously rollover.
581
00:30:27,084 --> 00:30:29,725
Uh, it would be better for it
really just to expand in here.
582
00:30:30,205 --> 00:30:34,495
Um, if we get back above to get
back above this candle is high.
583
00:30:34,495 --> 00:30:39,415
This last down candle
comes in at 1 23 0 5.
584
00:30:39,415 --> 00:30:44,574
So we get above one 20 through five,
uh, that indicate this was a rejection.
585
00:30:46,620 --> 00:30:48,630
Uh, no number it's a turtle soup scenario.
586
00:30:48,660 --> 00:30:51,840
And then we, we expecting the
buy-side liquidity to be ran out here.
587
00:30:52,230 --> 00:30:58,020
And then as a lower level, uh, uh,
liquidity pool by star three above
588
00:30:58,020 --> 00:31:01,350
this high really nice reaction
here off of the last option.
589
00:31:02,235 --> 00:31:05,145
And it two buys at a Candler
respecting incentive, lower.
590
00:31:05,655 --> 00:31:06,825
Uh, it was any other time of the year.
591
00:31:06,825 --> 00:31:11,505
I'd be all over that, but not,
not yet, not yet too soon, but we
592
00:31:11,505 --> 00:31:15,825
still could potentially go down
to that 20, 32 level below that it
593
00:31:15,825 --> 00:31:17,535
gets really interesting on panel.
594
00:31:20,390 --> 00:31:24,590
I still think lb is really overvalued,
uh, has a lot more downside.
595
00:31:24,590 --> 00:31:29,840
I think then your does, um, the talk
is a Euro is going to get the parody
596
00:31:29,840 --> 00:31:33,380
before and that's great, but I think
the real, if we get really strong dollar
597
00:31:33,380 --> 00:31:40,250
based rally, British pound, that's going
to take a beating is a lot of downside
598
00:31:40,250 --> 00:31:44,240
potential for cable versus the Euro.
599
00:31:45,639 --> 00:31:48,850
So we're watching again in summary,
know what we're talking about
600
00:31:48,850 --> 00:31:53,949
in our clothes, this pair we're
waiting for a potential retrace back
601
00:31:53,949 --> 00:31:55,419
up into this candle's body here.
602
00:31:55,480 --> 00:31:58,580
The lowest of the bodies
make it, that it can stand.
603
00:31:59,350 --> 00:32:00,639
Let's take this extended out.
604
00:32:04,935 --> 00:32:05,685
So that's a level.
605
00:32:05,685 --> 00:32:08,685
We would be watching 1 22 28, 1 22 30.
606
00:32:09,105 --> 00:32:12,465
We hit up there, hit that and
enroll down, make a run for that
607
00:32:12,465 --> 00:32:15,735
1 20, 30 level one 20 big figures.
608
00:32:15,735 --> 00:32:18,495
Next downside on the upside.
609
00:32:18,495 --> 00:32:21,195
We're watching to see if we can get
back above this down candle here.
610
00:32:21,405 --> 00:32:24,645
If we do, we're gonna look for that to see
if there's going to be a reclaimed order
611
00:32:24,645 --> 00:32:27,014
block there in a sense of bullishness.
612
00:32:27,465 --> 00:32:28,245
So if we see it move.
613
00:32:29,340 --> 00:32:32,460
Clear these stops, but keep
these by stops and tact.
614
00:32:32,490 --> 00:32:36,000
That's awesome because that means it
would come back down three, capitalize
615
00:32:36,000 --> 00:32:39,600
this down candle and trade at 1 22 80.
616
00:32:39,600 --> 00:32:46,139
So we could be a buyer at 1 22 85,
1 22 90, and have a run to the 1
617
00:32:46,139 --> 00:32:48,840
25 big figure to take the buy-side
liquidity out of the marketplace.
618
00:32:48,840 --> 00:32:51,810
So that's a scenario that we'd be watching
for the daily chart as well for cable,
619
00:32:52,080 --> 00:32:54,810
have that in your notes, but that on your
own charts as well, I'm not gonna do it.
620
00:32:56,700 --> 00:32:57,720
For the dollar CAD.
621
00:32:57,900 --> 00:33:00,570
Uh, again, we're still in this
little tiny little consolidation.
622
00:33:00,660 --> 00:33:03,930
It to me, I think we're going
to make up a run to that 1 31
623
00:33:03,930 --> 00:33:05,490
25 level to clear out the bias.
624
00:33:05,910 --> 00:33:06,240
I'm sorry.
625
00:33:06,240 --> 00:33:09,810
Clear out the sell side liquidity
where the bodies of these candles and
626
00:33:09,810 --> 00:33:16,020
we're using the lowest body number,
which is the close here at 1 31 27.
627
00:33:16,440 --> 00:33:20,070
Uh, the next five level
below that is 1 31 25.
628
00:33:20,070 --> 00:33:23,340
So he looked for 1 30,
1 25 to 1 31 big feet.
629
00:33:24,720 --> 00:33:29,399
As a run for sell side liquidity
is there's nothing in here to frame
630
00:33:29,399 --> 00:33:31,649
anything bullish, all this stuff here.
631
00:33:31,649 --> 00:33:32,220
We're already down.
632
00:33:32,230 --> 00:33:34,950
If you add all these candles
together, they make one down candle.
633
00:33:35,310 --> 00:33:38,639
Well, you know, there's
nothing in here personally.
634
00:33:38,639 --> 00:33:39,629
I don't see this as fine.
635
00:33:40,050 --> 00:33:40,230
Okay.
636
00:33:40,230 --> 00:33:42,300
I think we're more inclined
to come down here and wash up
637
00:33:42,300 --> 00:33:44,040
this low more than anything.
638
00:33:44,790 --> 00:33:48,990
And this pair can do that and
still keep the dollar index.
639
00:33:52,445 --> 00:33:53,795
That's not what the chart
we're going to look at.
640
00:33:53,915 --> 00:33:56,105
And here is the Aussie dollar.
641
00:33:56,975 --> 00:33:59,465
Uh, we came up and hit that 73 80 level.
642
00:33:59,915 --> 00:34:03,245
Let's what was the height and
came to, I only want five pips
643
00:34:03,245 --> 00:34:04,415
above what we were looking for.
644
00:34:05,045 --> 00:34:07,805
So we had that little
movement up close that in.
645
00:34:08,625 --> 00:34:09,455
I'm interested.
646
00:34:09,485 --> 00:34:13,085
If we can get back down into
this Orbach here, I would
647
00:34:13,085 --> 00:34:14,225
really, really like that one.
648
00:34:14,705 --> 00:34:18,545
Um, I would have rather seen
this candle not be a down candle.
649
00:34:19,650 --> 00:34:24,090
Because had this not been a down candle,
any retracement here, I will be watching
650
00:34:24,090 --> 00:34:28,440
to see if there's any bullishness over
here or any portions on this one here.
651
00:34:29,580 --> 00:34:34,440
And I'll talk about more about
this idea as we go into the week.
652
00:34:34,500 --> 00:34:35,280
And I'll tell you why.
653
00:34:35,280 --> 00:34:38,790
I believe that these two levels
here would be potential influential
654
00:34:39,570 --> 00:34:42,630
support levels, but it's really
negated nonetheless, because of this.
655
00:34:43,695 --> 00:34:48,014
So if we get down below the mid point
of this last down candle, it means
656
00:34:48,014 --> 00:34:52,485
institutional order flow on the daily
chart has been invaded on the buy-side.
657
00:34:52,485 --> 00:34:55,425
And now it's going to be looking
for a little bit more retracement.
658
00:34:55,425 --> 00:34:57,465
We have a little bit of
a fair value gap in here.
659
00:34:58,155 --> 00:35:04,275
Um, we have this candles high, this
candles, low, nice little runoff, one,
660
00:35:04,365 --> 00:35:06,405
one candles doing all that movement.
661
00:35:06,795 --> 00:35:09,705
And there's nothing except
for this buy-side delivery.
662
00:35:11,140 --> 00:35:17,290
So that's one to have on your charts
to say, include this on your daily.
663
00:35:24,430 --> 00:35:24,670
Okay.
664
00:35:24,700 --> 00:35:25,930
Watch this little area in here.
665
00:35:25,930 --> 00:35:27,549
And we're going to refine
that throughout the week.
666
00:35:29,379 --> 00:35:31,839
We're going to use this candle here, and
we're gonna use this candle here later,
667
00:35:31,839 --> 00:35:34,990
but it's going to be on a teaching that
I have to give you, but these two points.
668
00:35:35,879 --> 00:35:38,370
We'll talk about later, but
these two candles here, this one
669
00:35:38,970 --> 00:35:40,049
and this one, let me zoom in.
670
00:35:40,049 --> 00:35:42,509
So you got a good idea of
when I'm drawing it from
671
00:35:45,509 --> 00:35:50,480
this candle, the third
and the 5th of January.
672
00:35:50,690 --> 00:35:53,540
So we're framing those two reference
points for your gap right now.
673
00:35:54,169 --> 00:35:56,919
So we could potentially see it,
come back down and close that in.
674
00:35:56,919 --> 00:35:57,500
If it does.
675
00:35:57,890 --> 00:36:01,009
That could be a nice
by where we're at here.
676
00:36:01,040 --> 00:36:02,480
We still have a little bit more upset.
677
00:36:03,840 --> 00:36:05,460
That could carry us up into
678
00:36:10,890 --> 00:36:17,250
74, 35, 74, 30, 74, 35 for all the dollar.
679
00:36:18,480 --> 00:36:21,630
And that's going to be it for today.
680
00:36:21,630 --> 00:36:24,630
I'm not going to talk about again,
I'm not going to talk about Kiwi
681
00:36:25,470 --> 00:36:28,050
because Kiwi's actually gonna
be part of your next teaching.
682
00:36:28,140 --> 00:36:29,940
And I have notes on that chart
and if I show it to you, it's
683
00:36:29,940 --> 00:36:31,050
going to kill the founder for it.
684
00:36:31,830 --> 00:36:32,250
So.
685
00:36:33,915 --> 00:36:34,815
That's about it.
686
00:36:34,904 --> 00:36:37,935
Uh, at this one, I went a little bit
longer today than I wanted it to,
687
00:36:37,935 --> 00:36:43,335
but you can see how we're going to
go over it on Tuesdays and Thursdays.
688
00:36:44,415 --> 00:36:50,125
Um, just wanna make sure
there's no, I hear it.
689
00:36:56,734 --> 00:37:01,115
Um, Yeah, Alex.
690
00:37:01,115 --> 00:37:03,995
I just mentioned why I was
going to talk about that later
691
00:37:03,995 --> 00:37:05,194
in the week about the candles.
692
00:37:05,194 --> 00:37:08,705
Why am I using the Bush,
Kansas or the down candles?
693
00:37:09,125 --> 00:37:09,935
Um,
694
00:37:15,785 --> 00:37:18,154
yeah, don't do anything in London session.
695
00:37:19,265 --> 00:37:20,825
Don't do anything in the New York session.
696
00:37:21,334 --> 00:37:27,334
Keep yourself off of any intraday chart
focused primarily on this timeframe to do.
697
00:37:28,694 --> 00:37:31,875
If you force yourself to do this
the entire month, you're going to do
698
00:37:31,875 --> 00:37:34,095
yourself a great service by doing it.
699
00:37:34,484 --> 00:37:38,835
You're going to keep yourself focused on
what levels the market's being drawn to.
700
00:37:39,555 --> 00:37:41,745
And you really want to fall
in love with this timeframe.
701
00:37:42,375 --> 00:37:45,464
This is the one you want to fall in
love with it because it tells you where
702
00:37:45,464 --> 00:37:48,705
the market's game being pulled and
thinking about if you're, if you have a
703
00:37:48,705 --> 00:37:50,085
daily chart where it's indicating that.
704
00:37:51,675 --> 00:37:54,435
Two 300 pips and it's most likely,
most likely going to go that
705
00:37:54,435 --> 00:37:56,655
direction versus another direction.
706
00:37:57,465 --> 00:37:59,445
It gives you a great deal
of confidence or it should.
707
00:37:59,445 --> 00:38:02,595
It that's the exercise that you're
going to arrive at having a result
708
00:38:02,625 --> 00:38:06,285
and trusting what you see in a daily
chart, more than what you see on a
709
00:38:06,285 --> 00:38:08,505
lower timeframe, because what's going
to happen is if you're looking at blower
710
00:38:08,505 --> 00:38:10,455
timeframe, you're gonna see breakers.
711
00:38:10,635 --> 00:38:12,495
You're going to see turtle soups.
712
00:38:12,525 --> 00:38:15,825
You're gonna see fair value gaps
and voids and all this stuff.
713
00:38:15,825 --> 00:38:18,765
And you're gonna hang your hat on all
that stuff because it's on a five minutes.
714
00:38:19,845 --> 00:38:21,884
And finance chart means
get in and trade right now.
715
00:38:23,535 --> 00:38:25,154
It doesn't, but that's
what most people think.
716
00:38:25,875 --> 00:38:28,154
And you're going to ignore what
the daily charts been telling you.
717
00:38:29,265 --> 00:38:32,505
So you're going to see there's a lot
more clarity that comes by studying this,
718
00:38:32,835 --> 00:38:36,705
but also keeps you from overtrading,
which is what a lot of you need to do.
719
00:38:37,275 --> 00:38:39,404
And also it gives you context.
720
00:38:39,435 --> 00:38:42,825
It gives you an ability to frame the
ideas as you're actually executing
721
00:38:42,825 --> 00:38:46,605
on and not forcing something that
doesn't really appear in charts.
722
00:38:49,515 --> 00:38:54,975
If you're having issues with signing
in, um, you're using, you're supposed
723
00:38:54,975 --> 00:38:58,335
to be using the same information
that was given to you in December.
724
00:38:58,575 --> 00:39:02,294
So when you guys gave me your November
satisfaction and I gave you the
725
00:39:02,294 --> 00:39:05,714
December log-in content, I'm sorry.
726
00:39:05,714 --> 00:39:07,725
Log in your friendship
for the December content.
727
00:39:08,294 --> 00:39:09,194
All that stuff is.
728
00:39:10,320 --> 00:39:13,670
Unless I gave you a new username and
password, because I knew I had two people
729
00:39:13,770 --> 00:39:15,930
that had issues with the usernames.
730
00:39:15,940 --> 00:39:16,410
I was giving them.
731
00:39:16,410 --> 00:39:18,090
I had to cancel that one
and give them a new one.
732
00:39:19,080 --> 00:39:22,140
Otherwise you're using your old,
existing, whatever you've been using.
733
00:39:22,140 --> 00:39:23,250
The watch December's content.
734
00:39:23,310 --> 00:39:24,270
It's the same thing.
735
00:39:24,270 --> 00:39:25,200
And nothing's changed.
736
00:39:26,640 --> 00:39:30,300
If it's still not at work, then
you have to send me an email, this
737
00:39:30,330 --> 00:39:34,170
title, the email, um, December login.
738
00:39:37,260 --> 00:39:39,810
And that way I'll know you were in
here and then you're, you're trying
739
00:39:39,810 --> 00:39:41,070
to use it and it won't work for you.
740
00:39:56,250 --> 00:39:58,790
I'm gonna close it as the many, many
questions that has nothing to do with
741
00:39:58,790 --> 00:39:59,780
what we're talking about here today.
742
00:40:00,260 --> 00:40:04,160
Um, if you have a hot topic issue,
just make a post on the forum and then
743
00:40:04,160 --> 00:40:06,290
copy that link and send it to me via.
744
00:40:07,530 --> 00:40:09,140
That way it'll draw a
special attention to me.
745
00:40:09,150 --> 00:40:10,290
Now I'll take a look at that.
746
00:40:10,800 --> 00:40:15,660
Um, otherwise I'm going to get back
to producing your January content.
747
00:40:15,720 --> 00:40:18,960
Let's say you got lots of videos
coming way, way more than eight.
748
00:40:19,800 --> 00:40:21,030
Lots of lots of stuff.
749
00:40:21,510 --> 00:40:26,820
So again, take a look at what you're
seeing in this teaching here today.
750
00:40:27,510 --> 00:40:30,780
Focusing only on the daily
chart, watch these levels unfold.
751
00:40:32,435 --> 00:40:35,165
The remainder of the week to see what
side of the marketplace are going to
752
00:40:35,165 --> 00:40:40,295
reach for, uh, at the end of next week's
trading, uh, that will give us a lot
753
00:40:40,295 --> 00:40:43,025
more flexibility and I will go into.
754
00:40:44,100 --> 00:40:47,340
Sharing more charts throughout the day,
but we have to get through one more
755
00:40:47,340 --> 00:40:50,370
week of trading from my personal tastes.
756
00:40:50,760 --> 00:40:53,580
And that way I'll feel comfortable
putting my name on an idea that
757
00:40:53,580 --> 00:40:56,430
I think the market's going to
do, um, on a short-term basis.
758
00:40:56,820 --> 00:41:00,060
So we'll be able to start implementing
what we're using on a daily timeframe
759
00:41:00,300 --> 00:41:05,490
to frame out short term fluctuations
and draws on liquidity and how that
760
00:41:05,880 --> 00:41:10,650
leads you to understand on a position
basis where the market is going.
761
00:41:12,060 --> 00:41:16,259
Four weeks to six weeks to eight
weeks, as long as three months.
762
00:41:16,650 --> 00:41:16,950
Okay.
763
00:41:17,520 --> 00:41:21,029
So at that I'm I close this one and
wish you all very pleasant day study,
764
00:41:21,029 --> 00:41:25,380
study, study, stay off the lower
timeframes until we get into February.
765
00:41:26,160 --> 00:41:31,350
Believe me, if you listen to me, you'll
be thankful if you don't listen to me,
766
00:41:31,560 --> 00:41:34,080
you're going to be sending me emails
saying you still don't understand this.
767
00:41:34,080 --> 00:41:38,130
You're a little unsure about that in this,
you have only a certain amount of time
768
00:41:38,700 --> 00:41:40,320
in January to go through this content.
769
00:41:41,280 --> 00:41:46,680
So do us both a favor, help me be your
mentor by listening only focus on the
770
00:41:46,680 --> 00:41:50,400
stuff that I'm telling you to do right
now, which is only January content.
771
00:41:51,090 --> 00:41:52,259
So a deck and close it.
772
00:41:52,259 --> 00:41:53,280
We should be looking to trading.
66834
Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.