Original subtitles

Welcome back folks.

This is a review that was expected to be released on Friday, January 27th, 2017.

But have you caught up given your content out by my APM deadline?

So all of our teachings for January are complete and because it's the

weekend markets aren't trading.

So I certainly am appreciative of you allow me to be a day late.

We're not trading after Friday's close until Sunday's opening.

So the markets are quiet right now.

So one day late really doesn't make a difference, but I appreciate your,

uh, allow me to do that in January.

It was a lot of content, a lot of teachings.

So it was very demanding.

You want a personal life and personal schedule.

So I thank you for allowing that to happen.

So we back in the two teachings per week session.

And a live session Monday through Friday.

So we're back to a more favorable, uh, content delivery schedule.

So what we're looking at here is the dollar index.

This is the daily, and we had a little bit of a give back on Thursday and Friday.

And I liked the fact that we stayed down below 1 0 1.

Um, I'm hoping that I see the roll over here.

And we make a run for that 98 90 level down here, the cell

stops below 99, 45, 9, 9 40.

If we, if we trade, if we trade above 1 0 1, we're going to probably make

a run for those buy-side liquidity in the form of the buy-side stressing.

Both these equal body.

And if we treat up to that point, that would be interesting

to see what we do from there.

Because that moment, I don't know if we're going to resume the uptrend

longterm, or if we just continue to trade sideways for the dollar

index, um, that remains to be seen.

That's why I'm hoping that we get the roll over here on the dollar index.

And we see that lower, low 4 98, 9.

That would clear out the cell stops over here.

It just would make perfect sense to do so.

The reason why I expect that dollar index did shoot down to that 98 90 level is

because I think we may have made some support in here at that 1 0 6 65 level.

And we did wick through the mean threshold of this Bush candle, which

is a little shorter block of last down candle rate for this up move.

We were focusing on this level of.

And when he needed to see us, they above it.

Now I did wick through it, which is what we allow during main threshold.

So it's an idea.

It's not a, like a level in the sand where you absolutely can't cross it.

It can work through it because during wicks, that's the erroneous

price action that takes place.

And all the brokers allow their spreads to widen and all of a sudden.

Our broker's price feeds on live trading accounts.

Every one of us would have a different quote low for Thursday and Friday.

It would just, it would be the case, but we'd like to see price stay above that.

And if it closes below, then now, obviously that is a

consideration that we have.

Taking effect for prognostication purposes.

We are anticipating another run above that 1 0 7 65 level.

So I think that, uh, the equal candles that's been formed over

here in December are still suspect all these bodies are the same.

And basically the same thing here.

Just a little stair-stepping lower, but nonetheless, that 1

0 7 65 level still is too clean.

In my opinion.

That's why I believe that the dollar index is going to roll to that 98 90

level, unless shown otherwise on Sundays opening and Monday's trading in New York.

So we're watching this, see what we do during the trading in London on Monday.

And what we do during the New York session on Monday.

Again, I'm looking for a move up to that 1 0 7 65.

If we see a run to 1 0 8, I like that.

It doesn't necessarily have to go all the way up to 1 0

8 70, but it certainly could.

Um, I'm just more, more inclined to expect at 1 0 7 65 level gave up the

ghost in some fashion or another, because it's way too clean here.

British pound USD or cable.

We had a level off, so we'll put this pair.

We didn't want to say eight trade below this level.

Here it comes in at 1 25.

It could be just two days of retracement.

They did WIC down through a little bit, but quickly gave back

that loss and came off the low.

I'd like to see this one, either state consolidation and

allow Euro dollar the rally.

And I'll talk more about that when we get to the Euro pound

pair or just let your dollar stay where it's at and let the cable.

Rally up to that 1 27 27 level.

Do you suspect that we're still going to see that run on advice that

liquidity, what changes that is?

If we go back down below Wednesday's low.

So betray below Wednesday's low.

That's going to be a very clear indication that we lost the 1 25 30 level.

And we're going to want to go back below all the way, possibly all the way down in.

And this candle here, which it's open is 2389.

So he could see 23 90, 24 big figure.

When the downside I'd rather not see that.

I like to see it maintain its bullshits and here either stay consolidated and

wait for your dollar to make a run and clear out it's equal hide bodies candles.

As we were just mentioning, or just make a run right away, straight and

narrow from a Sunday's opening and into Monday's trading for years.

I'm sorry, four pound dollar.

So I'd like to see it just to make an immediate run for that

level here on suddenly into Tuesdays long and open that's.

I'd like to see, but we have to wait and see what happens.

Um, nothing's changed.

I'm not bearish on this pair at all yet.

Um, it, it did show a willingness to respect a level.

We had an identified 25 30.

So until that level gives it the ghost, we are still looking for higher prices.

1 27, 27.

Um, just one more Thursday, Friday bounce.

I think that we're still in line with a run on the sell stocks below

these equal to candles, low one here, and one here, two equal lows.

You know, what's resting below that, sell stocks arresting below that.

Also we have a little bit of a gap.

In here, the clothes in, and it takes us down into the Bush order block,

which is the last day on camera, right before the up move here.

So we're looking at 29 35 downside and 28 50 as the next downside that would

put us, uh, uh, the close on this candle

is 28 88.

So that's 28, 80.

5 28, 90, 28, 85 downside mean threshold for this world, short Bach.

And then we had this candle.

The open comes in at, uh, 1 28 47.

So we're going to round up because we're above that price right now

to the nearest 50 levels at 1 28 50, be the next downside objective.

If we lose a mean threshold of this down candle.

So we're looking for the middle of this candle, the last down

candle rate for the up move.

That's the lowest I can see for right now.

I don't know what we'll see beyond that, but we still have some levels to

get through before we can get to there.

What changes my bear's tone on this pair is if we trade back up.

This candle's low.

And that comes in at 1 30, 3 88.

So if we trade at 1 30, 3 90, we will be looking to clear out the by stop

stressing about these candles in here.

The bodies, not necessarily the WIC, just the bodies of the cans.

That's why I have the buy-side liquidity resting over here.

Not above here.

I don't want you to look in here.

I want you to look and read about these bodies here.

That's what the stops are for the body.

Uh, it looks like we're just waiting for another rundown

below on this particular page.

I don't see it rallying from here, but if it does run up about this

low here, we will be watching to see what the price action is.

Once it clears out this, uh, area where the bodies are, but

I've got in my head, I'm still expecting dollar cat to be lower.

The dollar.

Uh, we had a pretty much a lackluster week last.

Uh, we did have our brick wall effect talking about the bodies

over here and the breaker and just review the videos from last week.

You'll see what I mean by that we had a Wednesday, Thursday sell-off I mentioned

that, uh, new a few folks are, or were rather short on this pair last week.

And I said, look, you don't get caught giving up.

Some of that money can get your profits out of it because it

could be this consolidating.

Uh, nothing is clear on this pair right here.

Um, it could really just stay consolidated for a while and nothing

below this level here indicates anything bullish for me personally.

So I think if we go down below here, we will look to try to closing

the gap between this high in this.

So we have a little fair value gap in there.

So if we lose the stops here, we will look to trade down into the

high on this candle wet 73, 85.

So if we do blues, the stops here, and we look to another expansion

level down to this level here.

Okay.

And upside, you know, I don't know, I don't know on this pair.

I think that, uh, it could make more, more attempt to go higher.

And if it does, we'll have to consider this last up candle, the, uh, the

opening on it that comes in at.

77 19.

So I could go to 77, 20, but I don't really personally see it because we've

already treated many times through here.

And if it's going up there, I don't think it's going to stop at that opening.

It may just make a higher high, so if we do give up this high here.

Okay.

In other words, if we start running right from Sunday and Monday, we

got to watch these two down candles.

Okay.

And refer to the opening on this.

That'll be a potential bullish or block.

Should we trade higher income back down?

We could watch the, uh, the wick and the opening.

I like the opening more on this one because I just do a, we have a licensed

WIC in here and a small little lake here.

So I think if we do come back down, it will look to see the opening

price and then maybe recapitalize there and then make a run.

And again, if it goes up to this level here, I don't think it's

going to just close in that.

I think it would just make another higher high, and maybe

you can go to a higher timeframe.

Objective.

And that may be a runabout, these equal high.

So it could go 2 78 big figure if we start rolling higher.

But again, I've done in my head.

I'm not so sure about this pair.

That was the reason why I said for folks that were already short on this pair,

based on their tweets and emails, just move to the sidelines on your shorts.

Cause it's not enough behind this parish indicating bearishness about.

All right.

You're a pound.

Uh, we saw the sell side, liquidity ran apple is of these candles.

We hit that on Thursday and Friday.

We had a little bit of a good back with a little bit of a bounce, which is what you

always expect when you check on an old, low, or an old high, the, uh, the bounce

on Friday, uh, this may be indicative of allowing the Euro dollar, the rally.

And again, that's the reason why I said it'd be nice to seek.

Or British pound USD maintain its levels on a daily chart.

Don't go higher or go lower, just stay sideways and then let Euro

dollar rally that would permit this paradigm to run up a little bit.

And if it does, we'll have to watch and see what the, um, the

bodies of these candles in here do.

And we have to watch the main threshold of this last down candle.

So that puts us around.

I'm just going to eyeball it.

If we use this close here, so close 85, 60 to 85 60, we have to

watch that level on the upside.

That would certainly be enough to allow your dollar to rally, especially

if they keep cable and consolidate.

Uh, or if they drop cable and let Euro dollar rally, that would allow that pair

to trade up to that level rather easily.

But I don't want to see that scenario.

I want to see cable hit that a 1 27 27 level, because

that's what we were denying.

That's where we think and believe that that liquidity

is resting for the buy stops.

So that's what we're watching to see unfold.

And that's all I got for a FX.

Okay.

Folks, we're looking at the results of one of our maps.

Uh, this is Angela.

And if she wants to make herself known more publicly than that,

she can do so in the forum.

But we have many of you in here that are doing this.

And some of you, I asked for permission to show the results that you share with me.

And some of you want to keep it private at night.

I certainly can raise it back that and others when I asked

her certainly willing to share.

So please, if you're a.

One that wants to keep your results.

Private, please don't take this as a, um, me summing my nose at you.

Okay.

Or that I'm not, I'm just as proud of the results that you're showing

or handle any animosity about you not wanting to share it publicly.

Uh, but it's just to me as a mentor, this is very encouraging.

Um, I like to see things like this.

Um, it's to me.

Encouraging to you as a student, because I'm sure some of you are still in

the early stages of your development.

And, uh, Angela has been trading for a while.

Almost daily.

I get some kind of interaction from her from email.

And while I don't always keep up with the email to get a

response back to her right away.

Um, and it's not an encouragement for everyone to start sending me emails daily.

Cause I just can't keep up with that.

She's very active.

She's very, uh, concerned about, uh, the time that's necessary and she's

always involved with the marketplace.

She always practicing and trading and she shares her discoveries

with me and her aha moments.

And to me, uh, she's one of the students that I love hearing

from, because I get the feedback.

I was always hoping.

And I can relive all my moments coming up as a trader through her and the,

and the rest of you that, that share your, your, uh, your new discoveries and

your new levels of understanding, but take a look at this equity curve here.

Um, you can see this is a very respectable equity curve.

You don't see any kind of massive slide or incredible they're all down.

Uh, it's really.

Systematic in a way increases.

It's logical, there's periods of plat telling where it consolidates for a while.

And then it goes up to another level, small little give back periods,

but to reasonable, um, the numbers here are respectable, uh, you know,

the gross profit of $5,745 and 96.

She had consecutive wins and she had consecutive losers.

The percentage of accuracy is very respectable to draw

down is really, really debts.

100% in line.

And it's very low, very, very low.

And the equity curves very smooth.

And this is what you're looking for.

I'll be honest with you.

If you sit down with anyone and you can have an equity curve like

this over the course of a year, Um, this is what they're looking for.

They want to see stuff like this to see the students of mine, not

trying to swing for the fences.

Cause he goes, that's not what I'm trying.

That doesn't impress me because you're all learning still.

And for you to show me something that would be outrageous, you know, that's not

what I'm, I'm not teaching you to do that.

Um, obviously you years from now, you'll be able to push the pedal to the floor

and do whatever you want to do and trade, you know, like a contest performance.

Real-world market trading and you're trying to make income, or if you're trying

to move into a large fund management, this is what they're looking for this

right here is a testimony to the things that I described all the time, hard work

study, and don't listen to the naysayers and this is the type of results that

you can get and better give it time.

Angela is on her way.

You clearly see the results of it here, and you're just another.

Less than behind her in regards to getting to this level as well.

So if you're not seeing these results now just stay at it.

You'll be doing just as well as you see here, if not better.

And in due time, don't worry about where you're at measuring up.

This is just a means of encouraging you.

And I asked Angela if I could share this with the group and I'm so

thankful that she was willing to do so.

And to me as a mentor, it's very, very encouraging.

So thank you, Angela, for sharing this, and hopefully you all find this as

inspiring as I do as the mentor until next time we should good luck and good trading.