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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

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