Original subtitles

I gave you some homework and the teachings for this month

in regards to the Kiwi dollar.

So I, I mapped out an area and let's take a look at that on

the presentation slide.

Okay.

You should be able to see the presentation slide.

Okay.

And I asked you to go into, look at all these swing points in here and study

them in reference to PDAs, and also what would qualify those as swing trades.

And I left that up to you to determine.

What was the framework that led up to those particular lows and

subsequent price moves higher.

Okay.

So we're looking at the monthly chart of the New Zealand

dollar versus the us dollar.

And I want to take your attention to the low that was formed here.

And the high that was formed here between the two,

we had a range

about 1,260 pips.

So 1,260 pips.

Oh, the total range for the New Zealand dollar versus the dollar a day.

If you're not getting audio, you probably can't hear me say this, but nonetheless,

it's just you this confirm one more time.

I got to create edit.

Marker.

Audio still good for everyone.

I just got one guy telling me.

Okay.

Thank you.

So my question is, is what led the low here to this high in terms of the range.

And since we're looking at a monthly chart, what was the,

um, PDAs that were useful in determining that type of movement?

And also keeping in mind what those swing points were on the chart.

I showed you in the homework.

So now we have that range defined.

We have this up candle here in the monthly.

This is a bare shoulder block.

It was a bear shorter block because it was completely moved away from aggressively.

And it was the last up candle.

And all these down candles created a.

Rain's it need to be filled in.

So all this stuff is applicable to the monthly chart as well.

So we have a low down here, which we're going to assume that we

didn't even see this low form.

Once we saw this candle trade through it, notice this down, came that once

we traded through it, that qualifies this as a bull shoulder block.

That's how we're going to go forward.

We don't need to know why this low was formed.

There's plenty of reasons why we can justify that.

But for now, I want you to focus on just this low and the range high up here.

This high up here is completely, uh, linked to this last off

candle or bull shorter block.

I'm sorry.

Bullish candle, private download, which is bare shoulder block.

This move here, just subsequent slide.

And the Kiwi was a move away from this consolidation.

We returned back to it here.

So while price was delivered on the monthly.

Once leaving this up candle breaking a here price was delivered on a

downside here, here, here, and here.

Surprise had to rebalance on the monthly to get back up to this area here,

this low on this candle and it's open.

So there's your PDA or reference point on the high end and the low end.

We're going to assume that this is the old low.

So we have to start looking for where price would look to form support levels.

What levels would offer institutional sponsorship for buying what

PDAs would be used in that idea?

Well, that would be a mitigation blocks below us.

It would be bullish breakers.

It would be liquidity voids that need to be filled in after a rally up, it would

be a fair value gap below market price.

It would be a bullish or block.

It would be a rejection block below the candles.

And below in old, low, or add an old high there's your PDAs

that you would be looking for?

Well, if you start applying those to the monthly chart, you end up with something

like this and it looks rather busy.

I know.

And this is the reason why I don't show all my charts all the time.

So when we go through price action study and I refer to specific

levels and I say, and it seems a lot of times like it's off the cuff.

Like I like this certain level, or I like that certain level, what you're not

seeing is I'm actually breaking down the monthly and the weekly and the daily, like

you're going to see in this teaching here.

So I have these levels in my notes and also have these levels in my

charts, apart from the things I show.

Either the live sessions, or if I show you something on like on YouTube and I

was doing a free tutorials and sections on price action, I would keep my charts

real clean, which I think in a way promoted the idea of confusion while

I stayed in where I'm a free teaching, because it was hard for people to grasp

where I was getting these levels from.

Why was it so white?

Why is it, why is it that level?

You know, and sometimes it would line up with the obvious bare, shorter block or

a bullet shorter block, or would it be an obvious higher, low, but not always.

And the reason why is because, like I said, I didn't want

to give the information out.

Okay.

So you're paying for it so you can learn it now.

So what we do is we go through the monthly chart and we identify a low.

And we identify a high of some sort.

In other words, we define a premium level.

We clearly can see and we outline or define a discount level, or basically in

common terms, they support resistance.

Now, the reason why I didn't say support or resistance, because it's

too vague, nothing you're learning in this teaching or in this mentorship

is vague supply and demand is vague.

It gives you ranges.

I'm going to give you specific levels exactly what the algorithm will reach

for and why it reaches for these levels.

We all look at zones.

We don't look at areas.

We look at specific price levels, price levels have to get to this level.

If it fails to get to that level and hovers below it, where we

wait for it to trade up to it.

If it trades to.

And rejects.

We start looking below that market price.

Okay.

For the discount or the PDAs below par price action.

There's nothing ambiguous about what you're learning.

You're going to be learning specific price levels.

As we outline this, just remind yourself constantly.

This is not supply and demand.

This is exactly two eight level.

It's not an area it's not a well, if it gets up in this area, I'll look to sell.

Where do you look to sell and supply and demand and resistance and support, which

support resistance level do you use?

There's all kinds of ways of defining support, resistance,

diagnose, support, resistance, or as animal support resistance.

Which one are you going to look at?

An old, low and old high, which candle, if you're looking

at specific candle patterns.

Okay.

For supporting resistance, which one are you doing?

See that's that was the struggling point for me.

And when I understand.

What price is actually reaching for in enabled me to define

it to specific price levels.

So just to remind you that that's the main takeaway of this teaching today.

So write in your notes right now.

Main focus point today is how to determine specific price levels, not zones.

And we're going to break that down now.

All right.

So we have this down candle here that was validated as a bullish order block.

Okay.

Now I understand this is going to be a little bit busy, but you'll have

to endure it because there's no other way for me to do this without actually

making a thousand different slides.

Okay.

And then really beating it to death, but you'll see, it's not that hard to file.

I'm going to get rid of the green background cause we know what we're

looking at now, the range, and we're going to start here each dotted

vertical line or dashed vertical line.

Let's say it like that, Michael.

Okay.

References a downcast.

Okay.

So we saw price come down here.

We're going to assume we anticipated some measure of support, even if we

didn't, who cares because the bottom line is, is this candle here now

validates us as a bullet or block.

So we have to now start thinking, okay, this down candle, it may be

sensitive in the future for support.

So we have to refer to this, uh, PDA in the case that it should provide support.

If it breaks down, then we know that the trend is going to continue going lower.

In this case, we saw price trade through it on this up handle.

So now we have to refer to this down candle as a potential bullish PDA.

So if we know that this is a potential bullish or block and price

could move higher, the immediate point of decision for you is okay.

If it is going to go higher, And if this is in fact, a bullish reference

point or support level, where is the resistance or in a way we determine it.

Where's the premium level that the algorithm should reach for it.

You start looking okay.

Going through your whole list of things above market price would be mitigation

blocks, bears, breakers, liquidity voids, fair value gaps, bearish order box

rejection blocks, old highs or old low.

We have a void in price, and here we have a fair value gap in here.

Price is only delivered in a small little section here.

We have a bare shorter block here.

We have the low and the opening both defined.

Okay.

And then we have what would be a re rejection block above the

bodies of these candles in here.

And then we have the.

Okay.

And then we have an old, low back here.

We're not going to find every single one because it'd be a lot more

information on here than it needs to be.

But I'm going to show you how I take this information and I keep it

user-friendly to me, because even with all this on here, I'm sure few you're

saying, wow, that's a lot of levels.

Which one do I use?

You're going to see.

It's very easy.

Trust me to go through the process with me.

So we define this down candle with a vertical line, delineating

that now, why am I having a vertical line dash like that?

Because when we dropped down to a lower timeframe, you need to

know where that marker or that PDA on a hard timeframe begins.

It will be very easy for you to be confused if you don't do this.

In other words, if I have this level, for instance, this line here, I have it

defined as a bullish or block on the open.

Okay.

What that means is this is the bullish or block.

It's the down candle, right?

For the up move, but it's the open of that candle.

So I defined levels.

No, the label monthly bullish border block.

And I'm referencing as the open price.

This one here, little bit thicker, says monthly bullish or block mean threshold.

What that is is this candle here.

Okay.

I'm referencing this one.

And how I know that becomes a level of a future interest.

I have to delineate that with a vertical dash line.

So that way everything to the right of that dash line references,

this mean threshold to the price should be sensitive to that.

The opening price on this candle also is this long here, the

monthly bullish or blocks open.

So it's this one here.

So this candle it's open is here and this candle here is high.

You can't see it because the vertical line, I mean, just

scrunch it over here a little bit.

There's that high right there.

Okay.

That's why I have it like that.

Now I have it back where it needs to be so everything to the right, when we dropped

down to a weekly and daily, everything to the right of this dash line represents

this bullish order, block, everything to the right of this dash line represents

a sensitivity for this bullish or block, and it's in, uh, respective, uh, levels.

And then you have this down candle, which is delineated by a

dashed vertical line, everything to the right of it, those levels.

This is the mean threshold of this bullish or block.

This is the opening price of that order block.

And this is the high order block.

Now, folks that don't understand or block theory, okay.

They quickly walk away from it when they start having to deal with, okay.

Is it the open, is it the high it's the low, or is it the closed?

I, you know, I'm commonly referred to, as I quote personally, But

it could be either one of those.

Well, it's not either one of those it's with a bearish order block, you're

looking at the low, or you're looking at the opening on a bullish or block.

You you'll have the high or the opening, that's it.

The two reference points.

There are the most, two sensitive price points.

If there is a gap, okay.

If there's a gap that's going to impact your ability to determine

whether or not you're going to using the low or the opening.

It's simple.

So, or the high or the opening for bullish or blocks, if it goes below those two

reference points and it can, and that's the part you never know for certain,

that's the reason why we trade with stock.

Then you have to concern yourself with the mean threshold, because that

becomes the last line in the sand.

Now that in itself also can be violated on it on a short-term basis.

So you have to allow some measure of adversity in your trade.

You can't define your trade, okay.

Until it moves away from an oral block like that, and then it starts moving away.

Then you can start being more specific or, or, uh, defined

about where your stop-loss off.

There are no words.

What I mean by that is say this down candle here, when it becomes a valid

as a bull shoulder block right in here.

Okay.

This down candle becomes a buying opportunity for smart money.

It's validated when we see price, move away from it, that

shows that they did buy it.

Then you can start looking at the mean threshold.

Okay.

As a means of supporting the idea that your stops should be at that

level or just below it, because price has already moved away from it.

It's shown a willingness to move away from it.

So now it should not return back to this, the initial trade back into it.

The first time it can go down to the mean threshold and violated just a

little bit and still be a valid signal.

As you can see over here, it does it at a later time, but this is a monthly range.

There's a lot of pips in here offered before it even trades

back down here, each little square delineates, the area at which I told

you to study for the swing trade.

We'll see those when we drop down into the weekly and daily.

So I mapped out every single a or block in here.

And I also just for this one, I have just the opening on this candle right here.

I have the order block.

Ha.

Which is this one.

And this level here is the open on this order block.

I'm going to see the significance of that up here.

We have the premium level.

We identify we're looking at the bearish order block, which completes

this range of down delivery or price or Southside delivery.

Only price should rebalance by moving higher up.

I'm referencing the low of the order block.

I'm referencing the open on the order block and the main

threshold of that last up candle.

Okay.

So there's your, your premium levels and it's not a zone

there, specific price levels.

And we're going to talk about what we do at these levels to refine them.

And we go down to a lower timeframe.

So this is what I've mapped out.

Now, when you do on your own charts is up to you to keep these, uh,

uh, levels, uh, I guess, easy for you to follow along to me.

I just know what I'm looking for.

I'm used to doing it this way.

Um, I certainly don't want to pressure you into a mode where you

have to do it this way, because.

Because you're being introduced to it.

It's going to offer a lot of different levels.

And when the levels are traded, too, what I like to do is I like to dim the

color to like an off gray kind of like when you see me doing the thing with the

buy-side liquidity and self liquidity on our charts on a daily basis, went trades

to a level that you will see today.

In some of the charts actually went down below a sell side liquidity areas

for liquidity pools once that's hit, or in other words, once they traded

at the order block and moved away, I will keep the level there, but I'll

just change it to a grade grade level.

So that means it's reminding me that they could reclaim that label level

later on, but it's already acted as a, uh, a driver for price to move

away from that particular level.

Other words, if we seen price come down to this level here, uh, the monthly

Bush or block open, if it trades to that level and price goes higher, I

will dim this color from a blue, which would be like an active color for me.

I trade, not trade it for a Dem off color where it shows me it's already

acted as a support level, or it's already been capitalized for buys.

So it's not as sensitive or a high-impact anymore.

I'm going to be looking for the ones that haven't been traded

to, but this is how it starts.

You, you frame out the marketplace like this, these ideas.

Now, obviously you wouldn't have this level here.

Okay.

All these levels, when price was trading here, you would only have the levels

that's directly related to this candle.

And then the premium level up here on identified.

But when we dropped down into a weekly chart, okay.

And I'm going to take these orange boxes off.

All that was, was showing the separation of every three months or so.

So you can see how that before I take them off, you can see how they pretty

much peg every major intermediate term swing on a weekly basis is

every, every three months or so.

Okay.

So we're looking at.

The weekly chart and here's how that vertical line delineates the bullish or

blocks here's one, here's two, three in the most recent one, here is everything

to the right is going to be sensitive to that bullet or block levels though high

and the open and the mean threshold.

I want you to take a look at how price also creates on the weekly chart,

its own lower timeframe, PDA levels.

So for instance, we have the down candle here, the high, the

open, and it means threshold.

What do you think that low is reaching into?

And what do you think that low is reaching into we're inside

of the big bullish monthly or.

'cause serious there's levels here.

And I did not put the mean threshold on that lowest low, because I want to show

you what we're seeing in the weekly chart, because you wouldn't necessarily have

that much emphasis placed on me threshold.

Cause you don't know for certain, if it's going to be a bullish order block

until we get this move here, once it rally through Dan becomes it's validation

for a bullshitter block, price comes down into the main threshold of this

down candle here on a weekly chart.

So everything that we've done on a monthly, you're going to

do the same thing on a weekly.

Now again, what I do is I have a separate chart where I have the levels on a

monthly and I do them in line segments.

Okay.

And you actually see me do this when we, when you start applying it all.

But for now, I want you to show, show you how it is developed and

you look at it and find it on your own charts for the monthly basis.

You draw the levels from a disk.

I'll outline your PDAs, your bull, shorter blocks and such, and your premium

levels where your bear shorter blocks and such would be above market price.

Once you identify that you're identifying specific price levels, you're not

doing zones or any kind of shading area like dome boxes or anything like that.

But you're focusing on what price may reach for in terms

of specific price levels.

Based on these higher timeframe levels right away, you can see how

much sensitivity just by dropping from monthly down into a weekly

has caused for these levels.

The only thing that these two levels down here don't show is because

we didn't have any reference point with the weekly on the chart yet.

And that's what we're seeing here.

Okay.

So you can apply that here without creating mass confusion,

to having multiple, uh, array of things for the weekly chart apply.

But I want you to see just a monthly alone.

And so if you focus on a monthly PDAs, that will give you really

stellar setups for swing trading, it'll also give you when we can set

us for your short-term trades as well.

So we have the market create a short term, low price comes down and takes out that

low and returns back into means threshold.

The last down candle on a weekly basis.

With that one aside let's just start moving forward in the delivery of price.

Price opens here, trades back down into what's this level

here I can get the show up.

It's a monthly bullish or blocks open.

So it's coming back down into the opening of that or block this

one that was started over here.

So it's coming back, capitalizing that level again, the level is the

low comes in a 65 75 and we have 66 0 2 delineated as our order

block open again on a monthly rate.

Price shows a willingness to want to move away, comes back down

to bodies of the candle equal.

And here we have a monthly Bush or block high it's trading into that level there.

Okay.

Price shows a willingness to be bullish as well.

Rallies back up goes into the monthly bullish or a block mean threshold.

That would not be that one.

It'd be this one here.

Yeah.

So that's a, you have to be, this is what I'm trying to tell you.

You have to be mindful of it going forward because you're looking at this one here.

So when she trades through or from these levels, you dim them out go to

a gray level or like I do, I go and I.

Trend lines, uh, segments and Allbirds.

I draw from a specific level where it's only one little piece of a line

out to the right, and that keeps my charts very clean and poorly.

But for some of you that may not be what you want to do.

You might be comfortable using the horizontal lines like we're

doing here, but just, just remind yourself that it's going to cause

some confusion as we go forward.

And if you don't find a way to dim these levels out, as you go forward, you

will refer to them at a time when you probably shouldn't be looking at them.

But nonetheless, just looking at the price alone, how many times that price

respond off of these levels and what was the significant, uh, outcome?

They were not small little moves.

They were big moves.

They were small ranges before the big moves, but the price swings were driving

towards a monthly PDA or bare shoulder.

At a time when the market was already showing a willingness, as we shown

yesterday with, uh, uh, market profiling, this market was moving higher and

was showing evidences of every down candle was seeing with new buying.

We have a down candle here, price showed willingness to buy at it here because

the trade hectic back down into it.

This movement here came by way of bouncing out more buying here, there.

And was there buying yes.

This down candle here when price traded down into it, did it repel price higher?

Yes.

This is how you see professional accumulation.

It's supporting the idea that there really is smart money buyers in the marketplace.

You don't need trend lines.

You don't need moving averages.

What you're looking at is institutional order flow at its

core essential central tenants.

This is what it looks.

If you're bullish on a market to evidence quickly that you know that

you are seeing a bullish market, and that is a real buying going on.

You don't need footprints.

You don't need ladders, you don't need, uh, you know, all

these other things out there.

You just simply look at what price is showing you.

If price is supported with down candles being traded to and prices moving

higher off of that, there's smart money buying it's as easy as that.

So every time we see a down candle, are we seeing buying?

Yes, here's a down candle here.

Price comes down into it.

It's in that range.

Is it buying?

Absolutely.

There is.

Okay.

We have this one, two and decisive candle three.

This whole series is a bullshitter, blah price trades back down into that.

Is it buying?

Absolutely.

Here's a down candle price trades down into it.

Is there a buying?

Absolutely.

Does it get through the previous area of premium?

No, but it trades up into that area.

And the lowest one above the marketplace was the bearish or blocks low.

And that comes in at 73 87.

Now the way I use this information as, as best, hi, I'm looking for 73 87, which is

the barest monthly or blocks candles low.

We round down when we're below the marketplace and we

were below the marketplace.

So price trades up to these levels.

We don't, we do not demand that level or higher.

We look for an exit that's early.

So if we're looking at that level, 73, 87, we could use 73, 85, 73 80 would be

in my opinion, the best one because it's institutional ground 80 level, and the

markets like the trade to those levels.

But the high goes all the way through the monthly bearish or blocks open at 74 46.

So you can use 74 45 around five.

And, or the 74 40 level, or if you just want to be safe about it, you can just

do the 74, 20 level institutional level.

And just allow that extra 26 points for someone else to try to catch.

And here's what happens if you try to reach for the means threshold it's

75, 23, the high comes in at 74 85.

It gets almost there, but it can't do it.

So we have buying here off of this one.

Okay.

Price comes back down.

There's a little bit of buying in here.

Also rallies in here, prices reaching into monthly Bush or block means threshold

to the means threshold down candle.

That's what we're seeing to buying opportunity off of here.

So when you look at price every time there's a rally, look,

what's the look what you see here, monthly Bush or blocks open.

Same thing.

One to the level it's trading off.

Oh, here, monthly order block.

Hi and bullish order blocks.

Open to every one of these specific price points for swing trading.

Now, again, we're not talking about day trades or, or, uh, anything less than

a four hour basis, the way you frame it is you're looking for institutional

order flow to support the idea that price wants to go higher or lower.

In this case, we're seeing evidences that it wants to go higher.

Why?

Because every down candle find some support and they capitalize new

longs off of those down candles.

And it's also occurring at our monthly PDAs.

The monthly chart is a, this is all those levels.

There's 1, 2, 3, 4 bullshitter blocks on a monthly chart delineate

by the vertical dash lines.

And all of the blue lines are just referencing the high of the bullish

or block the open or the mainstream.

The main threshold or the darker thicker ones.

Okay.

When we dropped down into a daily chart, things get a lot more clear.

Okay.

So here's our first bull shoulder block price trades down into that

level and here Christ rallies away.

And you can quickly see how moving into a daily chart.

You can refine the order block to reduce the risk that we've already arrived at

on a monthly basis and or weekly basis.

Price comes back down.

Here's that first return to a means threshold of the weekly

bullish shorter block, which is what we just outlined a moment ago.

But also look what it's done.

It's coming down below a daily low, where what would be residing

below that low sell stops.

So it's a liquidity pool it runs down into, and then does it show a

willingness to get back above that low?

Absolutely.

As soon as it goes below a rally's.

Now here's where the rubber meets the road we have now, the bullish or block

or PDA on a daily basis with the monthly calling price, potentially up to here,

the down candle is the bullshit or block or bullish PDA on a daily basis.

This down candle, you look at the body of the candle, not the WIC, uh,

not the high end or low end or the actual high is tie in the lowest low.

You look at the body of the candle.

That's the order block.

You take that range.

Okay.

And if all you need is at least two times that range to give you a valid buy.

That's your, that's your lyric filter.

If you will, if you see that.

If price moves away from that, that much, it comes back down into it.

You have a very strong, probable buying opportunity.

Why, why is that significant?

Because it's showing a willingness to displace price high enough to

indicate not just a minor little blip, it's wanting to go higher because

there was real buying going on.

Price comes back down into the order block.

Doesn't get to the main threshold, but it does trade at the open, open

on this candle is 64 42 opportunity to trade back up into the void in here.

All this price delivery is only on the sell side.

And we also have this down candle right here, right before this new

high above this high here that makes this what a breaker bear Spreaker.

So you have your PDA, uh, the daily timeframe here all with this boy.

So you could be a buyer down here with the first objective

of getting up into this break.

Or you could use this mitigation block price hits it here, consolidates trades,

right back down to bullshit or block here, and then rallies again, ultimately

up into the breaker right there.

Then price trades down into creates another opportunity to be a buyer

right in here, takes out a short term, low what's below that sell stops.

What's up in here.

There's shorter block potential breaker block, which is above

these bodies of these candles price rise up and trace through that.

Now, again, the moose are not small or significant while we're

aiming for two weeks or longer.

If you get several hundred pips, you got a bank, some of that, you just

can't just marry it and say, okay, well it's going to go for two weeks

because therefore it's a swing trade.

It has to be a two week hold time.

No, if you get several hundred pips, you need the profit bank.

It's where price meets that you're just allowing the two

weeks or longer to pan out.

You don't want to, uh, you force, the idea is to say, for instance,

if you get in a trade and it moves 600 pips in your favor in five days,

are you going to force yourself to hold on to two weeks or a month?

Because you think it's going to bleed out more for you, or are

you going to take a considerable amount of profit off the table?

Preferably you should be paying yourself.

You should have paid yourself several times in that move, but don't think just

because the duration of the time, but these setups are there for two weeks or

longer that you have to hold that long.

Don't think that way.

And you have to consider where prices moved to, but making profitable exits

along the way, scaling out is essential.

But every time you get a new buying opportunity, you could add that profitable

portion you took off back in and then build that position right back in.

But you see what you already made.

You've made money.

You allowed yourself to weather a little bit of a retracement.

If you're gonna hold something.

On the position longer.

And then you could add that position back on at a later time when there's

a new buying opportunity down candle, right in here, measure the body.

One, two times.

It's about buy price comes back down.

It's it.

You want me to buyer here?

Notice that it's really close to the main threshold of the bull shorter block.

And it's also inside of the high of the monthly, uh, bull shoulder block.

So it's capitalizing that same level.

Look how much time it's spending.

Okay.

It's spending at the means threshold of previous monthly or block

hitting it, hitting it, hitting it, hitting it, hitting it, hitting it.

Rallies away breaks these two equal highs.

And again, I want you to take notes every time there's a down candle.

Are they finding new buying this down candle?

They buy.

This down candle, they buy, they buy more of it here.

They fail to get above the high here.

So when this low is violated, you have to wait for what it has to trade

back down into a higher timeframe.

PDA.

You can't find support at this bullish or block anymore.

Okay.

So what do you do?

You drop back to a weekly.

If you can't find it on a weekly, you dropped back down to what the monthly

there's your monthly level, previous monthly bullish, or

block price trades into it.

Rallies away with aim for the PDA above here, old highs, liquidity

pool, price rallies up through it.

Is there a new buying

every down candle we're looking for evidence that supports higher

prices here, here, here, here.

How many pips have moved based on what we're already showing you here.

Multitudes of pips.

You're not getting a trade every single week.

You're not getting a trade every day.

You're getting sizable moves, swing trades based on the idea that the

price is going to be eventually driving towards what remember the goal is it's

going to reach for the premium levels up here, but it won't do it in one shot.

It's going to gradually move up here because it's a lot of pits.

It's 1,260 pips.

It's not going to move in one day that much.

So if it's going to have 1,260 pips, or this is around it's to 1200 pips,

if it's going to move 1200 pips, the banks are going to want to capitalize

on that move and be able to build them positions by taking out those individuals.

They're already long here, knock them out and in build in more, buying, more,

buying, more buying, come back down.

Recapitalize.

Why did this level we'll have such a strong reaction because

look at the consolidation.

We moved away from it came back down to equilibrium.

Again, the range of this low to this high went right down

into equilibrium right there.

That explosive price movement was because they had finally built enough

with their position in here to now cause a large displacement in price.

Once it takes off there, it doesn't give anybody an opportunity to get back in.

They're going to be waiting for a cheaper price that won't come support.

Resistance guys are going to see this as support they're

going to want to buy down here.

Price will never get down there to give them opportunity to get in equal lows.

What's below that cell stops.

Boom.

They run down the cell stops.

Why?

Because that's the last run.

Before we get to the level that we've already identified on a

monthly premium level, they're shorter block defined in here.

Price shades up to look at, look at the bodies on these candles up here at 74 46.

Look at that.

Yes, we whipped through it.

Okay.

We whip through it, but look at the body.

Okay.

I did not go through and create some kind of perfect scenario

where it lines up, where I can talk about like, things like this.

It just gives further evidence that this is what the price reaches for.

So if you apply or block theory and all the PDA arrays that we talk about in

reference to where market price is now, and what's above you in the order, you

look for them and what's below you in all the way you look for the PDAs below you.

It's a step-by-step gradual definition of what price may reach

for again, there may not be breakers.

There may not be a mitigation block, but there is a void.

There is a fair value gap or bear shorter block.

There's one of those things that you're going to be aiming for.

And every time you look from a hard timeframe, you have

those levels on your chart.

The market will want to reach for them, and you have to submit to

that on these lower timeframes.

Now, imagine having these ideas here as a day trader, it probably

wouldn't be as significant to you.

Okay.

In terms of intraday price action.

This wouldn't be so sensitive to you because you're not thinking about

the monthly chart as a day trader.

You're not thinking about a weekly charts a day trader, but you

should be as a short-term trader.

You should be definitely thinking about these types of things.

This down candle here, bull shoulder block gets comp capitalize again,

here it rallies back up to what level?

The monthly bear shorter block.

Let me scoot your over a little bit or block low trades rate to it here.

That's real resistance.

It's not a zone.

It's a specific price level.

This is a specific price level.

This is a specific price level.

It's not ambiguous.

It's not moving around.

It's not changing.

It's not, uh, morphing into something all the time.

It's not widening as a range or reducing as a range.

It's a specific price level period.

So we don't know if it's going to go to the.

Or if it's going to go to the main threshold, we S we look at

this as an objective, 73, 87.

So 73, 80 or 73, 85, that's a viable upside objective.

So if they hit that level here, you could move to the sidelines

and say, okay, I'm done.

If it comes back down, gives me my buying opportunity.

I'll try to take it again, which would be here.

Okay.

The, the levels are, um, uh, monthly or block high and push or block open.

I think that once this, if I'm not mistaken, it might be this

one here and price rallies here.

Several.

What is that?

I me get this thing on my way.

Almost 400 pips here.

That's a big, big move, big move.

And it fails right.

At a level that you would expect it I'll offer resistance.

Cause you don't know if it's going to violate and go through.

So if you took off say you took off half the position here or even,

uh, a quarter of the position off and you started to start to year.

Okay.

Did you fail as a trader?

No.

You executed, you profited and you may see some of the give back and that's going to

happen, but it gives you information now.

Okay.

Well, we failed now, two times we went up into their shorter block

opening, the low Rochelle and rejection sell stocks below here.

And now we're back in this candle here, where there was

buying price should bounce again.

Okay.

We can take a buy, buy it, rally out, rally out, rally out, rally up into

the high to the low we're at a premium, which is the low end of the premium.

But nonetheless price offers an opportunity to be paid again, but then

gives up the ghost and goes lower.

Now look, what's happening.

This low has been violated here and now we broke this one here.

So it was price indicating that it wants to go higher or lower.

He wants to go with.

We've been looking for bear shorter blocks.

Price goes up into this candle right here, but does it show willingness to sell off?

No.

So you can't see any more selling opportunities here.

It now validates that his resumed it's up move every down candle.

If this does not offer bearishness, which it doesn't here.

Okay.

It trades right on through it.

You can't view the market.

Didn't want to go lower.

You have to change gears.

How do you do that?

Find a down candle.

And if they're buying in the down candle, here's your down candle.

It trades into it.

Boom.

It rallies.

Here's a new down candle right here.

Price becomes about bull shorter block.

This one here is a bull or a buck.

When this candle trades higher, this candle's high boom there's

opportunity to buy again.

And you cash that little bit of it's not much, but it's, it's over a hundred pips.

Again, took several days to do.

Did not get above the old high, but what levels do we look for?

What PDA level did it go for?

It's a breaker.

I'm sorry.

Good grief.

I said it wrong.

A rejection block, Ray above these candles bodies.

We just borrowed this level just for a second.

I made sure I got deleted.

I went right above it, hit it and then rejected it.

So you have to have all these levels in mind.

And what I do is I actually have, and you'll actually see this.

When in your, in your PDF notes, actually give you my, um, my, my map

that I have, basically that I draw out special notations about levels.

I'm looking at.

And it keeps me in mind of what all of the PDAs on the monthly, the weekly and

the daily levels for the pairs that I trade or the markets that I'm trading.

I have that.

And also just keep a reference point like every hour or so throughout the day.

I'll just put a little, uh, like a mark, where on that now.

And I think about, okay, right now, this is where price would be at market price.

And what PDAs do I have above me?

And what PDAs do I have below me?

And I have them mapped out from a monthly, weekly and daily basis.

So that way, when I'm looking at intraday charts, I don't lose sight.

Even though my intraday charts don't have every single one of these

levels, I have them in my notes.

So for instance, I'm looking at 70 to 90 right now, my notes would show.

73 85, uh, and, um, bear shorter block, the low level.

That's what I'm looking for.

Uh, on a monthly level, I'm looking at a 70 80, which is the level just

above 70, 75 that we have noted here.

Why am I looking at 70 80?

Because it's higher than the lowest low.

This would be the optimal, optimal entry for exit point, rather for

a downside movement or a target.

But I want to get to the institutional level that's just before that or

higher, which would be 70, 80.

So I would have that level in my notes.

Okay.

Which is, this is basically like a rough template.

It gives you an idea of what, what levels would be looking for at a

quick, real quick looking at it.

And you don't need to go through all your charts.

And that's why sometimes when you hear me talk, like I have leveled off the

top of my head because I see them, I see them in my notes right next to me.

I have, well, I can't show you because I don't have a webcam hooked up to it, but

I have a new pad and I also have like a.

Template.

I have all my pears or marks I'm looking at.

I have it outlined and you'll, you'll see it.

You'll get it.

You can print it out and actually start doing the same thing I do.

But just know that when you go through the price action, like this, you're

going to have a whole lot of lines initially, but you don't carry them

all throughout all your timeframes.

I removed down into a four-hour chart.

And again, this is the only timeframe that we go down into for this month.

We can't go any lower than this for teaching purposes.

So here's the first, uh, buying opportunity.

And that one, we looked at the second in the order of left to

right from the homework I gave you.

We're going to look at those on the four hour basis, the bodies of the candles.

Okay.

That's your order block.

Okay.

Does it move one, two times?

Yes, it does.

Price comes back down, trades down.

Does it hit the order block down here?

No, it does not.

We have one.

Two candles in here that make up the order block.

I like to use the biggest portion of the body, of the candle as the order block.

I don't use the Wix high.

I don't use the WIC low.

I used the body.

And the reason why is because all of us are going to have

slightly different candles.

Okay.

And you're going to have different price points that would cause

your candle be slightly different than the one you're seeing here.

What's new, man.

Yeah.

It should be a lot easier to see me apologize.

Sorry.

I take it.

I take it for granted.

Cause my screens are really big.

So when I see it, it looks huge, but now it's enormous for me, but now you're

looking at the body of the candle here.

When you look at the order blocks, you want to take that range

and highlight it.

Okay.

And visually what you're doing, you don't have to, you do not have to be so.

Domain.

And you actually do all this all the time.

Like there's one of it and there's two of it.

So it price moves that far away out of the order block.

It's a valid or block if it comes back down.

And that's how I qualify strong bias with the order block theory

there.

Okay.

So now when we look at, uh, price action in these areas in here,

you'll be able to go to a lower timeframe and reduce this down also.

But when we look at, uh, opportunities to be a buyer we're not looking at just

or blocks, we're not looking at, uh, just bullish breakers or mitigation blocks.

We're also thinking about what if the price is ultimately wanting

to go higher market makers already know that there are going to be

participants that are probably going to be on the right side of the market.

So what trading pattern or what institutional price swing do I say?

I like doing more than any other.

Let me check your responses.

Make sure you guys are paying attention

break or swing break or swing.

That means we're looking for the market that trade below and old low.

Why?

Because we want to see them scoop up.

Some cells stops because if they knocked the market participants out that are

already long, they know there's willing sellers down there so they can buy from.

And that's what you're seeing here.

Short term, low price trades down through that.

That's the ideal entry you're going to see that that type of pattern happens more

powerfully in terms of seeing price go to the direction you think it's going to go.

If you see these types of events, that's where the best entry points are.

It's the scariest.

When you get in it's the scariest ones to.

Because it feels like once you start, well, think about if you were in this

market and you watched it drive down like this, it's very scary to want to buy

below that Ola because you don't think, you don't know if it's going to keep

going lower classic chart pattern trader.

Don't see this as a bear flag and it might go down that much lower.

Not necessarily.

You've got to think where the sell stops are and why would they want to go down

there to take those individuals out and assume their position short term low here.

You can see it here every time.

There's a move below an old load.

Look at the responsiveness below an old low responsiveness.

Short-term low below responsiveness that coupled with

down candles, supporting price.

There's your two strongest points of looking for institutional or flow telling

you what the smart money is doing.

There's two of them, very simple.

Is the market going below an old low?

And is it rejecting immediately and showing strong buying?

If it is smart, money's buying that.

If the market is showing support at down candles and it repels price higher off

those smart money is buying that market.

You don't need indicators.

You don't need trend lines.

You don't need moving averages.

The price action will tell you everything you need.

And it only takes you seconds to look at it.

You start on a monthly chart, you move down to a weekly chart down to a daily

chart, and you look at on the four hour chart, all your timing becomes by way of

those two things to your returning back with a failure swing, which is a shorter

block, is what that is, or bear's shorter block that failure swing institutional

price swing that failure swing.

That's the weaker of the two.

The best one is when it runs down below a low to take out cell stops.

That's your entry for total?

Two entries, two to farms, looking at the marketplace, two ways of gauging

institutional order flow, smart money, accumulation and distribution.

And it's simple.

It's bearish is the market going above and old high and

rejecting quickly and going lower?

Or is it trading at up candles and then rejecting price lower.

That's a bear shorter block.

It's so it's showing every time it rallies it, can't get through that last up candle

at traded two, and it's being repelled.

It's being distributed.

That's it.

There's nothing else to it.

So when you apply these things from a monthly, weekly, and daily and four

hour and overlaying your levels that you've seen from the hard timeframes,

you'll see that these, these markets move off these levels with great

deal, precision and expectancy.

You can see it come a long way down the road before it ever gets to them.

The responsiveness.

I mean, look, how many times price reacts at these.

It's an all I have on here is the monthly.

I'm not added any of the weekly or the daily or any of the individual

four hour charts levels, but there's a lot of responsiveness at these

levels and they're not ambiguous.

They're specific the reference points of the monthly high or the

bull shorter block, the opening of the order block or the thicker one

or some isn't mean threshold and are only two of those being noted here.

But look how price moves and gravitates from each one of

these levels to a, another level.

That means the equivalent promote monthly basis.

They're not ambiguous levels.

They're not just indiscriminately thrown on the chart.

They're not formed fitted to make perfect examples.

There are levels that you can do on your own, going into your

chart and seeing it for your.

And there are, that's the basis of looking for swing trades, because if you

can see where the highest probability of motion away from, or repelling

from that level, whether it be support resistance, it will give you all, all

the scenarios you would need to be profitable, successful swing trader.

I mean, it's, it is it's phenomenal if you start going through it like

this, and again, these are just monthly levels and we're not done

anything with anything less than that.

So how many opportunities are you seeing off of a monthly level and reactions?

There are, you have to wait a long time sometimes for them to come.

Yeah, absolutely.

But some of you can't trade every day anyway.

So this might be your bread and butter swing trading model,

only looking at monthly levels.

Guess what?

You're going to get the biggest bang for your buck when you trade off a

monthly level, because that's where the funds are piling in their dog piling in

for huge amounts of flows coming in at these levels, because it's a long-term.

Real support and resistance ideas applied to these higher timeframe charts, because

they need these types of timeframes to be able to position themselves in on

these big moves, because the big moves don't turn on a dime just like that.

They gradually move once they happen, price takes off and you get a very

sizeable displacement, you know, from moving from 70 and a half.

Let me get this thing on my way up to 72 50, you know,

that's 200 points right here.

This, this move here, and it didn't have to go up to the premium.

It just went back up and closing the void on a four-hour chart.

So I'm going to give you further homework now that you want to take the

levels from the daily and four hour and apply them to the same Kiwi market.

And we're going to look at that tomorrow in our session, we're actually start

looking at some of the setups and how we frame the ideas going forward,

but you have to start somewhere in terms of what makes the move probable.

What gives your idea of a swing trade coming to fruition the basis?

Because it's simply just not enough because you want to be a buyer.

Okay.

And there's candles and trend lines and moving hours and indicators

telling you it's a revolver, solar divergence of some kind.

That's not enough.

There has to be an invitation.

If you will, on a hard timeframe chart to draw in large funds, that's

going to come by way of looking at monthly and weekly timeframes.

And if you look at those levels and take those levels and transpose

them there, notice that we didn't just take old highs and old lows.

We looked at just horrible.

We framed it out on just the order block theory alone and used the

range defined by the monthly chart.

That's all we did.

If that's your trading model that you go forward with, and yet what you trade with,

look how many opportunities it gives you.

Beautiful how many trading opportunities it gives you.

It's not overkill, but they're opportunities that give you a huge

amount of range trade in, and it doesn't have to be executed on a five

minute chart or a 15 minute timeframe.

You don't even need a four hour chart to really be honest with you.

You can trade off of the daily chart because it gives you a moment

of, uh, not a moment issue more than a moment to make a decision.

Okay.

It gives you time to plan the trade.

You know, when they're coming, where they're going to be a forming at what

levels to reach for and when price gets down there and you know what you should

be expecting to sate responsiveness, should they be buying okay?

Is there displacement?

Does the Orbach exist or is there a short term low?

If it trades down below that short-term low and you're at a level like.

Okay.

When price trade down below that short term loan, that's

an opportunity to be a buyer.

Normal retail mindset will say no way.

I'm not buying that.

And you have to be diametrically opposed to that mindset, because

if you can't think like that, you're going to have problems.

Look what we have here at the low here, right here, this low.

And we have this me get the show up monthly order block, open it

stopped short just above it rallies.

Okay.

And look at the response to this, all these levels and here, and then dries down

one more time below it, but it goes below this low, where there are short-term sell

stops for those that want to be a buyer.

They take out the cell stops, but after it hits the 69 82 level or 69

80 low that we would have identified.

Was there a nice, responsive, uh, moving away from price?

They're absolutely buying below a short term, low using a

breaker's swing price rallies.

What's it doing?

It's closing in the fair value gap in here.

Price prices only delivered on the downside.

It's low.

It's a little bit balanced in here cause it's back and forth and consolidation.

But from this low here, not the long candle, but the low rate there to this

opening, I'm sorry, this high here.

There's an opening and price where only it's offered on the downside price.

Rallies up closes in that right there.

Once it closes it in, does it want to go higher?

It's balanced.

So now it's going to go back down to value that's down in here in the consolidation

and it's allowed to go higher again.

Is it allowing price to move away from down candles?

Here's down candle it rallies away.

Here's a down candle trades back down to it.

Your rallies away.

Is it showing willingness to go higher?

Yes.

Is it being bought by smart money?

Yes.

What's it doing?

It's reaching for a higher level.

Between this low in this high what's in here, price delivered on the downside.

Only that's a fair value gap.

Price is the only way to know the real and the downside.

So you're expecting to see what price delivered on the buy side.

Boom, it balances price out.

There's a stay there long hell no trades lower, but it's reaching up in there

to fill that in on a four hour basis.

What is it doing essentially?

It's reaching up the, fill that in, but also it's built in the

idea with this nice move here.

There's by stops here.

Folks are trying to short it.

So they're going to come back up one more time after they filled that gap and it

moves up into a premium range, high to low at a premium filled in a fair value gap.

Took out cell stops.

Price is not willing to stay here long.

It re reprices aggressively.

Below the old low, where cell stocks we'll be reaching down into a mean threshold.

Look at the response in this again, body the candle.

If you can't buy the low, don't worry about it by the candle.

One, two, it's a valid order block by it.

Reach back up into the areas at which the monthly chart has given you.

Look at the responsiveness of this.

It's reaching for where the areas are all just based on a monthly chart.

And here's where we are right now.

A current market action.

There's one more thing I wanted to show you before I close.

I want to go out to a think.

I seen it on daily.

Uh, I think it might've been weekly.

Let me get a second here.

I knew I should have wrote it down before I started and I saw it

and I was like, well, let me make sure I make a mention of this.

Yeah, I think it's this one here.

The, the low on this candle on a weekly, low was 70 points.

Uh, 70 point 76 and the high or the open.

Sorry on that bullshit.

Monthly order block was at 70, 75.

I think of it tomorrow.

Let's go out to a monthly real quick.

Yeah.

There's that order block here open is 70, 75.

Yeah, one PIP, one PIP away from that on a weekly range.

Not think about that.

I said this is a weekly range and you're that precise with it.

Now I would love nothing more to be able to say, look at

this thing and hit the actual.

You know, 70, 75, but are you going to argue with that type of precision

70 point 76 versus 70 point 75, expecting some level of support or

resistance going lower rather, you know, uh, support supporting idea.

There should be some buying here and probably should be

responsive to that level.

And then look at the response in this.

After that, I mean, we opened here price traded down, hit that

level and then traded higher.

I mean, just alone.

And in this weekly range, the low was at 70, 76 and the high was at 72, 25.

There's your 200 pips.

Now think I want you to go forward with this because I know a lot of you

are chomping at the bit that you want to get to the short term trading and

learn my one shot one kill scenario, because that's what defined me as ICT.

I think, with what you're learning here and apply that.

And some of your daydreaming today, while you're at the office or we were

driving home from work today, or maybe some of you were driving to work.

Okay.

Think about what that does for your short term trades, how this will outline

where the market will be reaching for what levels they should key off of.

It's not ambiguous, it's not, you know, um, is thrown up air for the

sake of making something match up.

These levels are specific and by having them apply from a monthly and we only used

a month, we didn't do anything weekly.

I'm leading up to you to come up with a way for you to organize your charts.

Preferably I would personally think that if you had a monthly chart

separate apart from the weekly.

I have a daily chart separate as well.

That way you can always look at where current market action is

in reference to those levels.

But if you're kind of like me, I have to teach you with usually one or two

charts, because I can't show you my, my platform because I'm not going to be

hooking up my internet, access to that.

So you guys can have access to seeing all those types of things.

If you want to be, uh, you know, unsavory, the point is, is you're

going to be able to have to come up with a way for your own organization.

You can use one chart and you can use the monthly, the weekly and daily levels

and for our levels all on one chart, but your charts are gonna be very busy.

And the way you reduce that is this use a line segments, and that would

be done like this, this use this little thing over here and say,

this is the level you want to use.

You draw it on here and you draw it out.

Okay.

And then there you go.

The problem with that is, is you're gonna have to do a lot of extending

sometimes to keep those levels updated.

That may be too much for you to be bothered with.

I'm sure some of you that create indicators could create something that

keeps extending that, you know, as time goes on, I'm not aware of, uh,

how that could be done personally, but that's how I do my charts.

I mean, I only, I only follow a few payers.

So to me to be extending that it doesn't make a big deal.

I always extend farther than I really need anyway.

So bison some time and on a weekend Saturday, I usually just extend

it out and set my charts that way.

But I want you to think by using this example here with the Kiwi,

uh, we, we outlined the fact that this market had a bullish profile.

It was not in consolidation.

It was showing evidence that it was being.

Uh, we were already talking about, um, all of the, and Keb being bullish

because of the interest rate differential between them and all the other countries.

So there's a built in Tennessee for these currencies that want to be bought, uh,

there's this there's an interest rate differential that would be a new favorable

for traders that want to buy these.

Then coupled that with applying the PDA, uh, uh, levels that we just

outlined here, excuse me, and look how much action you get off of them.

And they're not zones.

They're not levels that move all around and gyrate and morph into

something different all the time.

They're static levels, they're static price levels.

And the general rule of thumb is if you're above one of these levels,

you round that level up to the nearest five or nearest zero level.

If you're below the market level.

Okay.

One of these lines that you have in your chart, you round down to the nearest

five level or the nearest zero level.

Me preferably, I like to look at the institutional levels, the.

Twenties in the fifties and the big figure levels.

I'm not trying to fancy dance and get the last piece of the pie.

I leave that for someone else.

And sometimes if I'm down here trying to get out and a move that would get

me out here and I missed this big WIC, congratulations for those that stayed in.

But guess what, if you were waiting for this, you never got it.

So I want to make sure I have the highest probable exits if I'm using these levels

as targets and same thing as said, if I'm going to be keying off those levels

as entries five pips ahead of the level, regardless of it's at an 80 level.

And I think that the, uh, you know, the levels 85, I'm getting into 75.

I want to make sure I get in the trade and I built in enough cushion for the stop.

And that's what we'll talk about later in this month about, uh,

entries and actually have a manage the stops and all that business.

But again, I'm giving you a framework to.

And a relationship to the homework assignment I gave you, uh, for the Kiwi.

So you may not have these levels on your chart.

You may not even seen this in your price action and that's okay.

You know how to do it now.

And you know how to do it going forward, all the pairs in the markets you trade.

But this is the reason why I teach in everyone.

That's very efficient with trading.

If they're very technical and they have a specific concept in mind that

they trade with, they don't trade a lot of pairs or asset classes.

They have one thing that they specialize in and that's what you should do as well.

So I'm going to close it here and encourage you to do your study on the

daily and the four hour you can do the weekly, but, uh, you know, just

for now, just for sake of tomorrow's discussion, let's look at the daily and

the four hour levels on the key way.

And we'll refine all this in the, another teaching for live session for Wednesday.

And until I talked to you, then wish you good luck and good.