Original subtitles

Good.

Any folks.

Okay.

We're going to be doing a quick review of this past week is the dollar index.

This is the daily chart.

And again, while we go through January content, we will primarily

only be referring to daily charts.

We had a fair value gap that we were identifying here between.

And this candle here, price with deliberately upside traded down south

side delivery was offered, but there was a gap in between this candle

is high and this candle is low.

So no buy-side delivery was offered until this candle here hit it perfectly.

You can not get any better than that in terms of precision, the low

comes in at 1 0 2 95 and the high comes in on this candle at 1 0 2 95.

And we are looking for the move down into these wicks.

That will be a move below.

These bodies for rejection block.

South side delivery was offered to the PIP, this wick here to this WIC here.

So we had the weekly range identified before the fact that we had an

expansion either way we would have been looking for the next level on

the open float of one, the 3 81.

And then the cell side down here, but, uh, we mentioned that price may still

in fact, stay in and consolidation.

We're going into the inauguration next week.

So we'll be looking for probably much of the same thing until we get to, uh,

having a final resolution to Obama's presidency ending let's cross our fingers

and Donald Trump, obviously coming in to make a showing of some kind.

So we have the range that we can arrange, identify that we're here

really nice opportunity to see price being delivered efficiently and

precise, going over to the Euro dollar.

Uh, we were expecting similar things that occur here.

Um, the buy-side delivery was only offered to this point here, leaving

this shaded area of this down, move on this candle exposed still it's

only been offered on the sell side.

In other words, price has only been going down in between this range.

So the remaining portion of the upside still has room to close in

at 25 pips, as it's indicated here.

And the low, the, uh, the week was just five pips, short of closing in this fair

value gap where the sell side delivery would have been expected to fill in.

It was only five pips away.

Um, so again, the weekly range here.

And you're probably wondering, well, what's the significance of all this.

This is going to help you.

When we get into the one shot, one kill short-term trades, uh,

where we can identify the weekly, high and low before the fact

where they most likely will occur.

So you saw an example of that this week, while there was no trading, uh, the

analysis concepts that I'm teaching you help get you to the end, resolve a known.

The weekly range should be, because if you don't know that and you can't

effectively inefficiently trade, the one shot, one kill setups, cable,

um, lack luster consolidating week.

Uh, we did see it price trade down below these equal lows.

I was expecting to go down below this low here.

It didn't do that.

Um, and we traded right back in the middle of the range, the

middle range of the weekly hot.

And the weekly low, all the buyers of the candles clustering around everything's

back into a state of indecision.

So personally I would have rather seen it trade lower because that way, if

we were consolidating here, I would expect it to start making a run for the

buy-side liquidity, Southside liquidity.

Still rest below this, this low, over here.

And more specifically Ballou this WIC.

Um, I think if we do trade back down there one more time and we get back

to the levels for treating a here, we will be making a run for the buy-side

liquidity and potentially even making a run back up into this fractal high.

So it's largely depends on what we see as a result again, after January 20th,

my personal opinion, I think we're going to see something, um, Some tomfoolery

or some shenanigans, if you will.

Um, and it's going to cost some market activity this week and I hope I'm wrong,

but, uh, I think they're going to pull some funny business this week and if it

doesn't happen, then hopefully that'll be the big relief and the markets

will start moving around dollar CAD.

Um, it's all price trade down below the wicks and the bodies

of the candles this week.

And we traded down below these equals.

And here sell-side liquidity has been taken here and then price quickly rejected

back in the range, um, on the upside.

Should we see some movement?

We have a fair value gap up here.

Price has been delivered on the sell side all through here.

No buy-side delivery at all since breaking this low.

So only down candles have passed through the shaded area.

We would expect to see price move back up, and then at 1 33 65 range,

and then potentially even go up and a little bit more into the.

If we see some bullshit, that would be a breaker, mean threshold of the breaker.

So we could see a 1 3300.

Uh, 1 30, 3 80 in that range as an upside, should we see dollar

CAD, uh, start to move higher?

Um, there is a mitigation block that we would expect to see some measure

of resistance at, should it happen?

Um, we would be watching this up candle as short-term support in

that scenario, but right now it's just the forecasting and something.

That's having your notes right now.

Again, everything is still up in the air.

It could literally go either direction based on the dollar index

and where all the other currencies thus far, your, a dollar in Caleb.

For the Aussie dollar, we saw the market trade higher up closing this gap.

We traded all the way above the buyers of these candles and it still looks like we

got 75, 25 by sat liquidity in the cards.

So we may see that happen to be blown out on Sundays opening or Monday's trading.

You can see all the, uh, the details here, uh, down candle, which is

supportive of old down candle on the south side of the curve.

Then we had price come down and hit that.

Down Canada, which is a bullet sort of block this candle here, validated

this down Canada as a bull, shorter block price traded down into it here.

And then one more time.

And here with the wick and price explodes on the outside, this equilibrium reference

point is referenced on this down candle.

I'm using the body open.

The close 50% of that range is the mean threshold.

That's what it's hitting here.

During an area of consolidation.

You want to look for that in your, in your studies, it'd be price action

and expansion away from that obvious logical area is the buy-side above here

in going back a little bit further.

Uh, we have a short term highest, still think is suspect.

So it may want to take that out as well.

And that's what I see for Aussie, uh, that does have a little

bit with directional play.

The only one that thus far in a Europe panel.

Uh, we were at a premium market.

Uh, last week we traded to it a little bit of a fair value gap.

Price has only been delivered on the downside here.

So I think we're going to probably see some green candles or moving

up into that level around 0.8.

80 or thereabouts.

And if we continue to roll through, and if I'm accurate in my assumptions

here that the market maker by profiles in play, we have consolidation

breakdown, smart round reversal, or risk by accumulation re accumulation.

And then we should see price trade above that 90, 40 level or distribution

cycle above device, liquidity, arresting both these equal highs.

And you see these wicks here, but we forget about those.

And we're focusing primarily on the, on the buys.

The two handles.

So it's a little bit of sit on your hands and wait still.

And we got one more week to get through folks.

And once that's done, we'll be back to a little bit more liquid trading

and hopefully we'll have a lot more prognostication as a result of that.

And until next week, I wish you good luck and good trading.