Original subtitles

Okay folks, welcome back.

Okay.

We're looking at the dollar index and we've had that move.

We were watching and waiting for 1 0 1 60 and that was where the

buy-side liquidity was prior to it.

Now being here.

So we've ran through that area, took out this by stops and we

retraced it all the way back down.

Now we're just above the bullet or have walked.

It was seen here now I shouldn't have to tell you this, but we've already

hit this down candle once, twice, and I don't believe there should be any kind of

strength or buying at that order block.

Okay.

It shouldn't be seen there if it does.

Have any response, it would be at this level here.

And at this point, I think it would be just a rather short-term

bounce or a pause at this point.

So that would be in the form of 145 to 100 point 45 is the level you got

to have your, uh, your charts showing.

That's close enough.

So that's what we're looking for for the dollars that obviously this

gives us, um, reason to expect it, to potentially roll all the way

through and take out these candles.

Lowe's in here where the sell side liquidity is resting below

bodies and below the wicks.

So inside here, there's cell stops in an area of 100 point

20 to 100 point 10 in that area.

So we still have a little bit more downside on the dollar also that puts us

inside of this or block again, which we've seen only really one little tap into it.

Uh, in this opening Dre down to as well.

So it may need to trade to the main threshold of this candle so

we could see price trade to here.

Okay.

So it's a 99 point 95 to 99.9 90 on dollar index.

So the amine fresh will return to this last or block it's bullish.

That was the last down candle right before we saw this move up.

So.

I haven't counted the dollar bulls out yet.

Uh, we, we said that we would probably stay inside of a range and this

is pretty much in line with that.

But on the short term, it does provide bullishness on foreign

currencies, golden sober.

So that takes us over to the Euro dollar.

And since we saw the rejection at that 1 0 1 60 level and not just a momentary pause.

Okay.

Um, Consolidation.

We didn't see any kind of, uh, resistance form that, that one is six level here.

We've seen a trade through.

So this level, while I wasn't looking for a bears or block,

that's the last time that we saw bullish candles up here and up here.

So we had to watch this level.

I'll just take this level down here.

So it begins here and we're also watching it over here.

So it may be returned back to that.

More specifically, it may be.

I like the fact that we had this breaker of short-term high when you are here.

I like this candle as the breaker.

Not this one, even though it's down close as that big WIC on it.

I don't like that.

So I'm going to look at this one here over this one.

So it could trade up to the close on that candle is one of 6 84 sockets,

each one of the six 80 to 106 85.

As an upside for Euro dollar.

And that would also take us into, yeah, there's nothing in here.

Outside of that, they have a small little liquidity pool that would be

resting right above that 1 0 7 15.

The high comes in at seven 15.

So we would look for a run if it really gets crazy and starts to see

dollar weakness, we could see a year, a dollar tree up to the one, a seven.

So to be mindful of that cable, continuing to be perplexing for me.

Um, it's stuck in this range.

Like I said, we would want to, worst case scenario would be, uh, it

hasn't really shown anything here.

Been chopped up and there's some of you has sent emails about being shortness,

payer questioning why I felt that we could go higher and some of you have

went long in this pair and had to sit through yesterday's a movement.

And some of you actually sent me emails and Andrea sent me

another, uh, all your clip.

Voicing his concerns about why he feels disconnected from the marketplace.

And I feel that way with cable.

So if you're feeling it in any capacity at all, don't, don't feel bad.

Cause I just don't know what to do with this pair.

If I had the only capability of trading, just one pair and I was

the only pair I ever traded and I couldn't treat anything else.

I couldn't trade right now knowing that it would be no trades for me because

I can't get a beat on what cables.

So since it's stuck, I have to wait for them to call us some displacement

and move the price around the outside of this range, because I don't have a

high probability level of key off of.

So if you're in cable, just know that if you're making money attributed to.

If you lost money, contribute to the, market's not, it's not

wanting to go somewhere right now.

So if you're in it and you can scale out and take a small hit,

it's probably better to do that.

If you have a profit, get out of it, there's just no reason

to be in this pair right now.

It doesn't have any clear indication what it wants to do.

Even with the dollar.

When you go and lower, this thing should list.

It should have already blown out this high.

It should have already done it.

Hasn't done it.

So it's being held in a range in here.

So that means they're manipulating Euro pound.

Okay.

So if they're holding here, the trades in your account, not cable, right?

So dollar QED, uh, we've been jawboning about this one 30 level for ever now.

And it's finally looking like it's going to get hit here.

My ankle actually happened while I'm talking about it, but, uh, we

will be looking for a run below the bodies of these candles over here.

The WIC could be the target, but I'm just more inclined to expect it to

trade below the bodies of the candles.

But more specifically aiming for any run of any kind below one 30 at

this level, the heaviness on dollar cat, as we said, uh, would see a

great deal of selling pressure.

If dollar index was bearish noticed that while the dollar index was

bullish, we didn't see anything but just smaller, dead cat bounce.

But when the sell side came into effect on dollar index, now the dollar cat wants

to join the party and he wants to go.

So hopefully that made sense yesterday, we were talking about

relative strength analysis.

It gives you at least an ability to, to anticipate what side of the

marketplace you'll see expansion.

When the market doesn't look like it's panning out or you're

trading in it's expected dynamic.

In other words, as we expected higher prices and foreign currencies,

the pound dollar has not done.

So it's.

So, if it's stuck, what is it telling you?

It means that if it can't rally and it can't sell off, that means it's

being manipulated and held in a range.

And that means every cross that has the pound in it, those other currencies

should be allowed to be traded in trending and start looking at as your homework

for this morning, go through your pound pairs, anything that's coupled with the

pound and see what you find in Noosa.

And there's a specific way I don't trade those kind of crosses.

So I stay away from them, but you should be able to see some opportunities.

Again, watching for that one 30 on dollar CAD because of the dollar weakness.

Now this is permitted to trade lower all I'm still looking for that 77

45, 77 50 level on all the dollar.

Really nice showing from yesterday's a discussion about how we thought

it was going to make a run through that 77 Mika run up to.

So again for you folks that have had withdrawal for our day analysis and

discussions, I'm sure that's probably made you feel a little bit better about being

a part of the group, but we still have to keep our focus on a higher timeframe.

I hate to say it like that, but we still got to go back to doing that

because it it's part of the it's part of the process and the course.

Okay.

So you have to go through that.

So just as a reminder, yes.

This stuff still works on a lower timeframe and we'll have a lots of set ups

as we get down into the lower timeframes.

Entry techniques to use, which are term and swing trades when they form there's

no swing trade yet to just settle down.

But we're looking for the higher price of 77, 45, 77 50, still on Aussie dollar.

Um, the buyers need to be concerned if we get below the mean threshold

of this last down candle, and that's going to be a bulk.

Number of 76, 55.

So it needs to stay above that level to be a bullish.

If it comes back down to that level and has not hit 77 50 yet I would, I

would view that as a short-term high or potential enemy, a term high, and

then you'd probably make a run for the sell side liquidity after that.

So we want to see it stay above this level and keep expanding.

It can pause here and trade around and find some support around it.

76 95 level or 77 big.

That's certainly reasonable, but we just don't want to

see it come on way down here.

Okay.

So again, we're still looking for higher prices on all the dollar, a Euro panel.

Just a quick look at that one.

Um, again, it's a spray back in its range.

They want to buy up Euro and they're keeping pound in a

range that we'll probably see.

This one.

Want to go a little bit higher as a result.

If we see Euro dollar still strengthened.

Gold prices reaching for hopefully our objective.

I can see that 1250 level get hit, but be mindful.

We have the buys of the candles here.

So that's a rejection block.

We gotta be careful that we don't see it just to go there and then reject.

So whenever you're in a bullish market, Be mindful of this type of

scenario, because this is where the bulk of the liquidity is resting.

Just above wicks are always going to be the thinnest portion and the smallest

liquidity area, the rate above the bodies.

That's exactly where all the buy stops are for shorts.

Not up here, you're down here.

Okay.

So it could just go way up above that level.

1240.

And that may be a catalyst for consolidation or a sell-off.

I don't see it here, but you just gotta be mindful cause

we're in a really tight range.

And I think it will probably expand up to that 12 50, 12, 55 even potentially.

And yet there's equal highs back here on the four for gold.

That's our buy-side liquidity pool, double tops.

We don't ever trust that that's a big Candyland for buy stops.

So there's going to probably want to punch that up.

Bearing.

Um, what we're looking for is to bunch through it and just roll through it.

It's just going to be a speed bump for them to take some longs off and an

expand for that 12 50, 12 55 silver.

Uh, we've had a little bit of a larger price action, even though we meet higher

highs in here, I'm still looking for 1820.

If we don't get it today, it still will be an objective for tomorrow, but I'd

like to see it get there this week.

It would be nice to see it expand.

Um, it's so far, it's this, if you look at what's been going on,

it's just been a steady grind.

Hire, hire, hire, hire, no real sell offs, except for this one back here.

So if we look at that and we measure from the low to this high.

The rollback on price to take out the sell side of the liquidity on buyers.

This could be a measured move type thing.

So let's take a look at that and I'm going to show you what we could

potentially see in regards to that idea.

Let me give you two scenarios here.

I'm going to give you the Wix.

Okay.

So that's one range there.

So we're potentially looking for 18 30, 18 35.

And on the low end we used the bodies.

So there's our range there.

And then we're going to take this thing rectangle here, a little box

and duplicate it and add it from the lowest of the bodies on the low here.

And I guess that's this range here.

So this could be the low end of the.

Okay.

So 1820.

It was as the reason why you got 1820 as an objective back here.

So I get, um, question like Kenny.

I know.

So I thought your questions and I was trying to answer them last night on

the form, but you were mentioning.

I was looking at the video on the 6th of February.

I didn't see where your time markers were lining up with the questions.

So I'm not sure what the year you're actually referring to, but I did see your

questions about why I'm getting them.

Why, why do I give you these levels?

That's all part of this process that you're learning.

I'm not trying to give you everything in one teaching.

Cause I can't, it's just too many things to talk about, but that's one of the

reasons why, um, 1820 was in the KT plus its institutional level worried

about the big figure, which you already knew that from the free content, but

1820 on silver was given to you as an objective because of that measure move.

And I like to use the buys of the candles, not to wicks again, I'm a conservative.

Trader.

I don't want to take the last piece of the pie.

I like to leave some on the table because if I can get out in the direction

that the market should be moving in my favor, then I'm okay with that.

If I leave something on the table, it's a lot larger than I thought fine.

I call it charity.

Let the rest of the guys have it.

I just want to be.

And if I get out with a big chunk, great, but that makes sense.

1820 looks doable.

If we continue to see the dollar index trade lower than that will propel

silver and gold and silver should have no problem getting to that 1820 level.

And I think that's it.

Um,

Hmm, I did.

Uh, I did read the foreign a little bit last night.

Awesome.

In the intermarket analysis section.

And there's been some questions as to what I was putting on the

slides and doing this by memory.

So if I have them wrong, please forgive me.

But you'll you'll know what I mean.

If you go into that.

I think it's post 24 and post 27.

If it's not that I know one of those numbers were right, but it's basically,

uh, someone's sharing the slide from the presentation for dollar versus

a stock marketers or something.

One of those slides, excuse me.

Um, the question came up as, am I making a mistake there?

What I'm showing you is like, for instance, The stock market and bond

market in a healthy uptrend, both are moving in concert with one another

up in an inflationary condition.

And in a bear market, generally bonds will be trending lower and

stocks will be trending lower.

The opportunities arrive when you see that the stock market is going higher,

but the Dawn market is going on.

So if the bond market's going lower, that's the bond price.

That's done the yield.

Okay.

If they're inverted.

So I'm talking about the bond price.

So bond prices are dropping while stocks are going higher.

That's the opportunity you're looking for that that's that that's

the depth that utilization, that the object of that presentation was

how to use intermarket analysis.

So the opportunities reside there.

And if the market is.

If we see stocks and trading lower and bond prices are trading higher, but

we're not in a deflationary condition.

That's a wonderful opportunity to be a buyer of stocks.

And that's, that's the opportunity that's being highlighted in their slides.

It's not a typo, it's not a misnomer.

It's meant to tell you that's where the opportunities reside.

That's why I'm telling everyone right now.

And I'm screaming from the rooftops that even though this.

For move in.

Stocks looks amazing.

It looks stellar.

And you, yes.

We talked about last week going from up, it's moved almost a thousand points from

where we said it was going to go up.

I am not bragging about that.

I could care less because that's going to be insignificant in the grand scheme of

things, because I think personally, this is that last little bit of a, a lipstick.

If you will, they're putting, uh, the fake eyelashes on this pig.

Okay.

They're dressing it up.

Real good.

And the same time, the bond market's taking a dive again.

So if the bond prices are dropping, that means what yields are going higher.

That's not what stocks like, but if you read the news, they're telling

you, oh yeah, it's just good.

It's good for stocks.

It's not good for stocks.

It's going to bring these stocks down.

Eventually the, the higher interest rate and cost of borrowing is going

to be a catalyst and that's not going to be supportive for stock

prices is simply isn't going to work.

So yes, there is a delay in six to 12 months.

It could be that long, but we already have that factor in.

The bond market's already topped in the middle of last year.

It's been just been trading down for over six months.

Does that means interest rates it'd be going higher?

The condition is being primed perfectly.

It's it's textbook it's classic scenario it's classic crash criteria.

So if we're looking at bond markets trading lower in the bond price, that

means higher interest rates are coming.

We had the fed promising guaranteeing.

That they're going to raise interest rates.

We don't need the hair.

We don't need to hear them say it.

We can see it in the bond.

The bond is a predictor of that.

They, it predicts the fed, the short term tenure.

It predicts the fed.

It helps you also see a price in the future and forwards on currencies.

That's why we use the 10-year note.

They used that for the factoring of the forwards.

Incurrence.

Having an understanding of this from macro risk scale, it does not

give you buy and sell entry points.

It gives you the stage at which these conditions promote big, significant.

In this case, it it's a big neon sign.

There should be that nuclear bomb, warning sign going off right now, everybody that

knows anything about technical analysis and fundamentals, as it relates to

macro economics, this cannot continue.

And to see it driving up like this and everybody having this irrational

exuberance, they're just all it's ticker-tape party right now, but

it's only a handful of stocks taking.

It's just it, this is really it's, it's worse than I thought.

When I first started talking about this idea of it's going to

crash, I was really embarrassed.

I am ridiculously bearish, but I don't see this.

It's going to get worse of a fall.

It's just so bad.

I'm serious.

It CA I cannot make it any more clear that this market is going to hell.

In a hand basket.

All we're doing is waiting for a load to be broken.

And it can rally another 1500 points.

I don't care.

I would never buy equities or even the index at these levels because I don't

trust how they're going to, uh, they're going to present, uh, the repricing lower.

I think it's going to be sudden it's going to be dramatic because they know

everybody's expecting it to break.

Okay.

They know what's going to happen.

So are they going to give everybody a chance to get.

Hell.

No, they're not, that's not going to happen.

So the one short-term low that they break that to me is going to be

the all that's going to be needed.

Everybody else is going to be waiting for the ABC correction

and all this Elliott wave crap.

That's not going to be there this time.

It's going to be shocking.

All one opportunity.

It's going to be probably on a really small scale for our chart.

You'll probably see it clear on that, but we're watching the lows and the

short modes that are forming on the daily chart on the doubt, NASDAQ.

And you have to be focusing there, do not get enamored and falling in

love with this thing going up like it is because it's going to die

a very, very painful death bonds.

They they're just telling you the story.

It's ha it's going to happen and dollars already supporting

it, moving lower with them.

So you can't have that bull market.

And stocks continued like this without having a massive correction.

And now everything has to get back into line.

So who's, who's not following the, uh, Equities dollar and

bonds are going lower price wise.

We, it means yields are going higher.

Equities can not sustain this type of movement and because it's rallied

up aggressively, default's going to be just as fast, just as fast.

So just be mindful.

We're looking for 18,000 on down real quick.

Once that short term low, that it gets violent.

It's not there yet, but we watch it.

That's all we're doing is we're waiting.

And for some of you that are looking at this and saying, well, wait a minute,

I'm missing a really good opportunity.

I could've made X, Y, Z on a, on a long being, uh, being a buyer

of the S and P go right ahead.

Like I said, don't, don't let me steer you.

You do what you want to do.

All I'm saying is if you're doing that, you can get hurt real quick

and they can drop the indices real fast and they can jump hundreds

in a thousand points in a tick.

You want to be called something like that.

Not.

Not even on a small risk basis.

I don't want to be called that.

And then it gets stuck in it where they lock prey, a trading up in three, open

it and any open it several days later.

And it's thousands of points lower at the open mark.

My words, I'm telling you, that's what's coming and I can't

make it any plainer than that.

So for the folks that do trade equities and.

That are emailing me and talking to me about, uh, you know, what they want to do

and how they do this and how I do that.

Just be mindful that I'm not, like I said, I'm only going to update the equities

when there's something that needs to be, needs to be talked about right now.

The last post we did, it's going higher.

It's gone higher.

All I'm doing is I'm focusing on a low.

If I talk more about that, all I'm doing is going to invite

more emails that I don't want to have about the equity market.

You'll know when the crash is coming.

Cause, um, But just don't give me more things to look at and I already have that.

It ain't there yet.

It's coming, but it ain't there yet.

So when we have a short-term low broke on the daily chart, that's the catalyst.

We're going to wait for a small one or two day rally after that.

And then it's over, we'll be looking for shorts and we'll look for, uh, you

know, put options on the S and P we'll be looking for, uh, plays in a day.

A futures contract will we'll be in there.

Just let it happen first.

It can't, it can't be done.

Now we have no idea how to frame it or, or, or build the idea on it.

We have to, we have the stage for this event to occur, but the

players have to get their selves on the stage and, and, and drop the

curtain before it's all over with.

And then we'll be in, you're doing something, but right now, let them

keep pumping it up higher because all that's going to do is make the,

the fall even more drastic than it.

That's already been accepted.

If you are not going to miss it.

Okay.

So, and then some of you all I want to, I don't want to miss this.

I don't want to miss it.

I'm going to make a ton of money on this.

I'm not missing this one.

Okay.

Just because I'm not talking about, I don't want to talk myself into

an idea or for something, because I'm that excited about this idea?

So I'm waiting, I'm being very patient and I'm trying to keep my

emotions and can control and not make myself take a trade sooner than I.

So I'm allowing the market to break a short term low on a doubt.

And once that happens, I will have what I need.

And then we'll start talking about the equity markets on a day-by-day basis.

Because once this thing cracks, it goes lower.

It's going to be fun.

We're having all kinds of things to talk about and it will be,

it'll be very exciting again, but right now, just let it take course.

It can't, it can't be forced and it can't be taken before the fact.

Okay.

There's nothing that traded on.

So let them break the market down and take out a short-term low.

And then we have it.

We'll wait for one or two day rally and it's over.

We'll sell short, we'll be buying puts, but we have to have a short-term low

break that gives us the reason to go in, looking for strike prices on puts.

You're asking me questions.

I can't answer right now.

What strike price should I be buying right now and puts, I don't know,

we haven't broken the low yet.

Nothing says this thing stopped yet.

But the conditions are there for when it does break a short term, low,

whatever that Hyatt form to prior to that, that's it that's the high, the

market will crash from there, but you have to let it do what's required.

It has to break some short-term low to indicate that market structure is broken.

Once that happens, we have a green light go to go and

start looking for put options.

And then I'll tell you what strike month.

Every.

You'll know exactly what I'm doing with mine too.

That way, if you want to follow along, join you, but that's got to happen

after we have break in short-term lows.

If it doesn't happen and it keeps making higher highs, all we do is keep

referencing the new, higher, higher, low, and then we just keep watching that one.

When that short-term low breaks, trust me, it's going to be quick.

It's going to be amazing when it starts to fall, it's going to believe me.

Everybody else is going to be saying w.

T F and they're going to be freaking out, but we'll have a calm head.

We'll know exactly what we're doing, why we're doing it.

And there won't be anything except for smiles to just relax and let that thing

do what it needs to do technically.

And because fundamentally the stage is set.

All we're doing is waiting for technical to get in line.

And this is where patients has to take root.

You can't.

But there's plenty of opportunity.

That's going to be made in that move and believe me, don't worry.

Right now we have plenty of other things to talk about.

And like I said, this thing could potentially trade

all the way up into July.

It can consolidate and keep making steady little higher highs.

Great.

I hope the bond market crashes from here, and then it's a dead, dead ringers

things having to go to go to hell.

Equities are not going to contain a continued boom.

With these conditions, it just can't happen.

So that's the business folks.

Um, we're going to close it here.

Uh, just be mindful.

Keep watching that 1820 level on silver and it's got one more

quick pass through just on the markets is get it one more quick.

Look at it.

Gold homage at our 1240 level.

Just again, watch that.

We want to see it really trade through that aggressive.

Aussie dollar consolidating a both sensitive and big

figured that's permissible.

Uh, be mindful of that one 30 level intraday today.

If we get some roll through, if we get that, we want to see it

expand through, not just punch it.

Um, low through, by a pepper too.

We want to see it expand through that and then make a run for the

liquidity over here on these bodies and maybe even reach for this.

And that might be tomorrow, but nonetheless, that's what

we're looking for in cable.

I wish I had something to talk about, but I just don't know what it wants to do.

And again, we've already talked about where this may go up to in terms of

an outside objective and dollar index.

We'll be looking forward to trade down in.

This low here.

100 point 44.

And that's it folks.

I'm going to close it here.

If you have, um, Any questions again, if you're just sending them blindly

into the forum, I don't haunt the form cause it's a big, big time consumer.

So I know you guys like to talk amongst yourselves and

that's why we have the forum.

But if you have a question and you just toss it out there into

the void, expecting me to see it.

I, I just don't have enough time to go through every single

post in every single thread.

That's on the forum I'd school.

I couldn't meet, be able to keep up with it.

I can barely keep up with emails over the course of three weeks.

The demand for that is high.

So if you have a specific question in mind, again, the protocol is to make

a post in the forum and then send me a tweet with that link into the forums that

we can say, okay, I'll click on that.

And there it is.

But if you're going to ask me something about a specific video, please tell me.

Oh, the video and then we're in the video.

It is because we just talked about, oh, I watched the video with XYZ.

I don't know.

I don't know where that is.

So you have to give me an actual, a link or tell me the date that

that video was produced and shared.

And then I can go in and watch the video where you're actually having an issue.

And I can answer your question.

It saves me time and it makes it more efficient for you to get your answer.

And that's it.

Folks.

I'm going to close it and we'll have a live session again tomorrow at 8:00

AM on a little bit more of a team.

Uh, session for you tomorrow.

Cause I'll have all of our, uh, weekly, uh, teachings done to that.

Can spend more time intraday with you with, uh, stuff about

intraday for the four hour chart.

Um, try for the four hour chart.

We can talk a bit more about that, but uh, that's it.

I'm going to close it here.

Have yourself a very pleasant day.

And if you're trading below the trading, if you're not good luck penetrating

and I'll talk to you tomorrow morning.