Original subtitles

Got new folks.

Welcome back.

Okay.

We're looking at the dollar index.

You see, we have one more attempt to push below yesterday and Monday's low.

Um, pulled back back to these equal bodied candles over here.

The bodies of these four candles.

We've moved down several different times now, and we still have sell

side liquidity resting in the form of south hospital here, and

we have a little bit longer term.

Market structure, reference point, which would be this swing high back here.

So you can see that, uh, we have a little bit of downside still on the cards.

Potentially their price has to stay below for the bears.

They have to stay below the middle of this down candle.

That's the main threshold of.

Bearish Kayla used to be a bull shorter block.

So now price has to stay below that.

We trade back above it.

We will be looking to take the buy stop above the bodies of these candles in

here, Euro dollar saying significant, uh, stalling on the part of Euro as well.

Just the reverse image of what we saw in the dollar index.

Essentially.

We're not being able to see much movement above these equal

bodies or these candles in here.

Uh, we still have buy-side liquidity.

I think if it wants to run above this WIC, uh, be most likely what

it's going to try to drive for next.

If it continues up at all, it has to stay above the main

threshold of this down candle.

So I don't know.

What's the middle of this down candle bulls have to maintain buying

pressure above that 1 0 6 65 level.

And then below these candles bodies in here, there's for the next

area of sell side liquidity rests

on cable.

We got lucky again.

We see the buy-side liquidity outlined for the last several weeks, a 1 25

95 and 1 26 big figure was hit, uh, it spike through to 1 26, a 1 26, 29.

So we eyeballed mean threshold on this down candle.

This habit up here again, 1 26 37.

So we have just a little bit more to go back, eat more pips, and

we would hit the mean threshold.

Bearish water block or bullish candle right before the down move in here.

If we can see continuation on the upside again, we're looking for

the buy-side liquidity above these equal bodied candles in here.

Okay.

So by stops are resting just above 1 27, 27.

Next upside is 1 26 35, the 1 26 40 and mid figure 50, um, south side liquidity

rest of below these candles in here.

You don't want to trail anything in here yet.

Again, it's just simply not something you would be doing on this daily timeframe.

You wanna keep yourself a little bit farther away from the marketplace

and allow some movement against you if you're position trading.

But again, we're eyeballing at 1 27 27 level for upside objectives, dollar

calves, continuing its slide off of the impressive reaction we had at the

mitigation block mean threshold rate.

Laser guided position.

Awesome.

Awesome.

Awesome.

Always from the sea that we have equal Lowe's in here, we've been talking about

this for about a month and a half, and you'd see that, uh, that would be a

obvious level where retail would have their sell stocks resting below that.

They're going to see that as a double bottoms, therefore

it's a supporting price.

So that's where the sell stops are going to be resting.

We're going to be looking for a market drive down below that.

And the next area to consider is 1 29 34, or basically 1 29 35, which is

the last down candle rate for the up move, which is a bullet or a block.

So that's what we're looking for for dollar CAD, all.

Uh, we mentioned this yesterday in the live session teaching.

Um, the reason why I wasn't much more gung ho about the higher

prices on Aussie dollar was 75.

He was the level I was looking for.

It's only gone all about 30 pips above that.

Uh, it nailed right in the middle of this body.

And this body here also is a breaker in here and last down candle liberate for the

up move that takes out a previous high.

So this bear Spreaker.

We treated rate back up to it here.

Yes.

You got to cut through the candles to see it, but nonetheless, that's

all building more storyline behind.

Why all this wick, this body in its WIC in this body, it's all been treated several

times in this range that shaded in red.

And like I said, it's kind of like, like a brick wall.

And you saw that today.

You just simply couldn't find a way to get higher.

So it had to sell off a little bit.

All the buyers were just making.

Losing hope and profit taking these coming in, uh, privacy has to stay above this

low and here is the sell side liquidity.

We've already seen this order block capitalized rate here.

So we're not looking for any of the bullshit on that level.

Not that it can't, it can, but it's probably not going to do so this high

on the curve and the numbers were way too high in the premium of the

range between this high and this low.

So it's more likely to consolidate in here.

Then it is to shoot straight up.

Now I can do that and make me look like a fool.

It wouldn't be the first time, but, and here, as far as an executable

trade, I just wouldn't want to touch Aussie dollar, right where it's at.

And finally, Euro pound with the stalling on the Euro dollar, as

we were discussing in sympathy with the stalled dollar downloads.

We're seeing that strength in cable and that's going to

cause this pair to see a rally.

Um, I mean the Euro's stuck sideways and pound is rallying as essentially

the same thing as Euro dollar going down against the British pound.

And it's going to cause a Euro pound to habits.

Nature.

As we see here, we have south side liquidity mapped out here.

You can see the bodies of the candles noted.

That's what we are highlighting here.

So this is where the cell stops arresting.

As we continue to slide through that we will be looking for and

making a run down into the cell.

Stop liquidity, the that 83 33 25 level.

That would be next considerable downside price move for this.

And that's it.

Folks.

We have a live session tomorrow at 10:00 AM, Eastern standard time.

That's New York time.

I see tee time for you folks across the pond.

And if we are able to get through the session tomorrow, which

is what I'm hoping, because I have a lot of teaching still.

I have to finish before Friday's 8:00 PM deadline.

I will appreciate your cooperation in that regard.

So I'm not going to have a lot of question or interaction tomorrow.

It's going to be pretty much short, sweet, and to the point

where the cupboard market action.

And until then, I wish you good luck.

And.