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Welcome back folks.
This is lesson four, the five February, 2017.
Content for the ICT mentorship.
This month's topic is swing trading, and we're going to be specifically
teaching high probability swing trade setups in bull markets.
Okay.
As a reminder, when we're looking at price, we have to think algorithmic and
we have to refer to the PD array matrix.
So without going into great detail, because of study purposes only
I'm including this slide, because I don't know when you're gonna
be watching this video again.
So be mindful that we're looking for the.
Uh, Ray's indifference to the premium or discount spectrum.
Okay.
Bush monthly, weekly, daily sequential.
Okay.
Monthly charts.
When you're looking at the Molly charts of the asset class that you're
studying or doing your analysis.
What you're looking for is a discount array that has shown to induce buying.
And it's going to be evidenced by price, moving higher.
In other words, we're looking for displacement off of a
discernible discount array.
That means it could have been a bull shorter block.
It could have been a old, low, an old high, it could have reacted
after closing in a fair value gap or void, or it could be bouncing off of.
Okay.
In the weekly chart, they're looking for the same thing, just on a lower timeframe.
We're outlining discount arrays, and we're looking for a discount array that
has shown a willingness to induce buying.
And that's going to be again, evidenced by price, moving higher,
the daily chart much in the same way.
We're looking for discount arrays to show evidence that there are buying.
In the marketplace that you're under study and it's going to be seen with
moving higher in price in all timeframes down candles, provide new support to
price and little to no weaknesses seen.
Okay.
When the monthly is bullish and all that we have displacement
prices are already moved higher.
The weekly has done so as well, and the daily has done so no words, you
can see displacement or a rally or an impulse swing on all timeframes,
the monthly, weekly, and daily.
This is the procedure going to be looking to define.
You're going to buy all daily bullish discount.
Arrays is a bullish mitigation block, bullish breaker, liquidity void fair
value gap, bullish order, block rejection block, and, or a old, low or high.
And you're going to be buying four hour bullish discount arrays that are
equivalent to those that are listed.
Now when the monthly, weekly, and daily, or all indicating higher
prices, that means it's making higher highs and higher lows.
It's obvious uptrend.
You're going to be looking for daily and four hour discount arrays
to trade at every single time.
It trades down to them.
We are expecting or anticipating bullishness we're anticipating and
injections of buying volatility.
So the expansion should be on the up.
Now for conditions where the monthly has shown a willingness to go higher
or a displacement or impulse price swings been seen, the weekly has
shown an impulse swing higher as well.
But now say the daily chart is under correction.
We don't see an impulse swing.
Uh, it's actually coming low.
It's trading lower.
Now, what will we do in this conditions while you're going to be buying
daily bullish discount or res at, or nested in weekly discount arrays?
So when we see bullish or blocks, or if we see liquidity voids or
mitigation blocks below current market action, they may occur.
At an area at a nested weekly bullshitter, shorter block may be seen or a weekly
liquidity void or fair value gap.
So we're gonna be looking for daily bullish discount arrays
at, or inside a level that would be seen from a weekly discount.
All right.
So we're going to be coupling the hard timeframe levels.
They may be overlapping or having a confluence of levels when the
monthly and weekly are bullish, but the daily is correcting low.
All indications on the daily chart, it would look like probably a bear
market or a steep correction lower.
All we're going to be doing is in nice conditions.
We're even looking at discount arrays on a daily at or inside
nested weekly district count or.
And we'll buy for our bullish discounter raised at daily and or
nested weekly bullish, discounted rates.
In other words, all this is saying is on the daily and the four hour, we're
going to look for bullish, shorter blocks, bullish breakers, Fairview
guests below the market price, liquidity voids to close in on the range.
Basically non-small trade entry.
And we're gonna be doing that at levels that are seen on the weekly chart.
And it may nest with an old daily discount array, but it doesn't have
to primarily we're gonna be looking for a level on a weekly to trade at
when to avoid buying.
Uh, Ray's on a daily, well, if you see a daily post, a higher high, and then
it's rejected and it breaks down with some market structure, you're probably
looking at a development of a bearish breaker and you do not want to be
buying against that type of condition.
So that would negate this Bush, monthly, weekly, daily sequences.
Okay.
When the monthly is bullish and the weekly is correcting and the daily is correcting.
We'll be still buying daily bullish discount rates at or
nested in a monthly discount array.
That means there may be a monthly bullish or block that it's trading down into,
or it's trading the clothes in a monthly liquidity void or fair value got, or
maybe trading back to an old, higher, an old low, but we're going to be getting
our information from the monthly.
So while the weekly and daily may look bearish, if the monthly still has its
conditions that it showed a displacement higher, that means on a longer timeframe,
they're bullish, they've been buying.
All it's requiring is the weekly and the daily to retrace lower, to get
another long-term buying opportunity.
And that's what you'll be focusing on by looking at nested or
monthly discount arrays trading only at those buying it that.
And we can buy for our bullshit discount arrays at weekly and ordinary
monthly bullish discount erase, avoid buying weekly discount or res if
the weekly has just posted a higher high and rejected that price high.
And you're probably seeing a bear Spreaker on a weekly chart, and you don't want
to be trading in this monthly, weekly, daily sequential in that condition.
Okay.
So let's take a look at this example.
Uh, we're gonna be looking at silver and we're going to outline some
of these ideas and give you some examples on what this looks like
for high probability swing trading.
Okay.
Folks, we're looking at the monthly chart of silver.
Now I'm going to take some Liberty here because I'm pretty confident
that the majority of you are listening that are in this mentorship.
Uh, been aware that I've been calling for.
So we're to be bullish.
Okay.
I was expecting a bullishness back in 2015 and also expected some bullshit
around that 1600 level after the retracement that was seen in 2016.
But with that said and noted.
Um, I want you to take a look at the monthly chart here.
I'm going to outline some things.
Now I'm going to assume for a moment that you going to permit me.
The Liberty of discussing this without having to hide all of the price action.
I'm going to hang my hat on the fact that I was already expecting these
things and you know about it because I've already talked about it in advance.
So we're not going to have to do that additional work in hiding things because
they were already in the new content shared before the fact in terms of
expecting higher prices on silver.
But when we're looking at so.
Okay.
I want you to take a look at what we have done historically
in the last 10 years or so.
Uh, we had a really big runoff in 2009 in 2011, and we saw price breakaway in here.
We've had a really huge surge in silver there.
Price came all the way back down and closed in that area.
That little gap in here, that's what price came down and hit.
Okay.
So we're going to be mindful that we can see the historical reference
point at which caused this load to form and why I was looking for silver.
It could be bullish back then anyway, but it's this our range or determination,
or are we in a market profile that's trending or are we in a consolidation?
Obviously there's been a rather large displacement.
This swing.
Has been violated here.
And this occurred back in 2016, April.
So April broke that swing high here.
That was a nice big displacement higher.
So there was a big move into silver in 2015.
And we carried over into 2016 price comes back down.
Consolidates has another expansion.
Trade all the way back up into these highs.
Now we have created a range.
We have this low to this high.
Now we know all during this time period, which we were
bullish on silver nonetheless.
Anyway, so we have monthly breaking market structure, big displacement impact.
We even took out another swing high back here.
So monthly is bullish.
Okay.
Even while it's all correcting lower here, all these down candles, this high being
broken big displacing off the 1400 level.
And we broke market church on this high here as well.
So we have a bullish monthly.
Okay.
So we're going to outline a few things on this chart.
I'm just going to use horizontal lines.
To save some time and make things easy to see.
All right.
So we have the 1560 level that last big down candle in here,
the actual high uncertainty be fair and let you know what it is.
The high comes in at 1556.
So if we're above price, we look forward to get to the nearest round
number, which would be a 60 level.
Uh, you can expect to get down to the 50.
The market price is above your level that you're looking for.
Conservative and try to not expect that exact level to be hit.
So we're having 60 level here.
It could be a 1580.
It could have been used as well, but I'll ask will drop down until weekly
chart and see the importance of all that.
And we have our high back here, so we have our low, but we're going to stick it 1400.
Because that was the level of keyed off of, and it's not that big of a difference
in terms of where we're looking for.
We have a range defined here and I'm going to take the shaded area off.
Cause we've already arrived at, we are in a trending environment
because it's wanting to move higher.
It's not like sitting in this little tiny log consolidation here.
It really moved on the monthly.
So there's big money flowing into silver.
It has been since 2015.
Okay.
Here we are with the silver.
On a weekly basis and here's that move away from that 1400 area.
And here's our 1560 level anticipating a move to that level
for the monthly bullish order block.
But now look what we have.
We have another level in here for the weekly.
So you have one, two down candles right before a nice big surge in price.
So this level begins at the house.
And we would use the opening on this candle as a conservative price
point as well, but we're going to be fair and just use the high.
And it also puts us below these candles bodies back here.
And we'll refer to that in a couple of minutes, but look at the price
outcomes down, hits this level here.
Okay.
Right in here.
Now think about what we were seeing here.
We have the monthly breaking.
A short-term high and price rallying higher through.
And then, and the weekly starts trading lower in the same time that we expect
the monthly to send price higher.
So while there's a retracement lower on the weekly chart, while the monthly
is bullish, what we do is we wait for price to trade back down into a
level that was discerned by the month.
Can I say, well, monthly is bullish.
We're seeing weekly prices trading softer and price comes back down into
a weekly bullish order block, which is the last two down candles in here.
So we can highlight that because now on a weekly chart, we can see this
level becomes a valid or a block.
We can keep that level at 1560, but just to keep things clear,
I'm just going to adjust as we go.
So we have this level here.
Price hits it reacts aggressively and then price trades all the
way up into making that high.
And then we have since seen that monthly chart correcting, not just because the
monthly charge correcting doesn't mean it hasn't changed its underlying bullishness.
But look at the weekly chart, the weekly chart is moving lower.
So now we have a monthly, weekly, daily sequential where the monthly is.
And the weekly is bearish and it goes without saying that the daily
would be bearish in here as well, but you would be expecting price to
trade back down into a monthly level.
So we have all these down moves and.
The sequential says four monthly, weekly, and daily.
If the weekly is bearish while the monthly is bullish, you have to
wait for price to trade back down into what a monthly discount era.
That was
the 1560 level that we identified price trades down into that 1560 level.
Well, it comes in at 1560 and rallies away.
Notice also it trades down below an old, low and rejection block below the bodies
of these candles trades through it.
It takes another short-term low here.
So there's south side liquidity and it gap between price moving up from here, left
it open because it didn't go down all.
We did this level again on this low.
So closing that gap.
And prices surged away.
What we're going to do is we're gonna look at, in this timeframe here from
the formation of the high, all the way down to this level here, we're
going to drop down into a daily timeframe and we're going to use the
monthly, weekly and daily sequential.
Okay.
So we have the daily chart here.
You can see how it's been trading lower, lower, lower, lower, lower, and until it
hits that monthly bullish order block.
We don't see the reaction that we would expect for bullishness, but we
did keep seeing lower prices here.
You can be a buyer okay.
On this, regardless of it being correcting lower.
Okay.
When the monthly is bullish and the weekly and daily are bearish, you're
going to wait for your best opportunity to trade down into the monthly level.
If the.
Monthly is bullish and the weekly is bullish.
Okay.
Let's go back out to a weekly chart.
Price is trading down into that monthly level, and it's also inside of a
weekly bullish order block as well.
So now we have the monthly chart and the weekly chart and agreement.
So now we can look at the daily chart when it's incorrect.
We're going lower.
We trading off of a weekly and or monthly nested older block to
be a buyer on a daily timeframe.
And every time price trades down into the down candles on a daily chart, it can
be a buyer because we have monthly and weekly in alignment day scout array, four
monthly and weekly are supporting price.
Or we anticipate that they are supporting price or that they will support price.
So as price starts to make higher.
Okay.
We know every down candle.
Okay.
And I'm going to do that now.
And this is just to illustrate when prices
preening down candles, you want to be noting them.
And what it'll do is it'll give you.
All of the, now we have a new one from yesterday or Thursday rather, and we also
have to note the openings of the candles.
okay.
Anything more?
I think it would be overkill.
So we have our levels here.
Where would you expect to see.
And they're not zones.
Okay.
Their specific price levels, the openings and the highs on the
down candles as we're looking at.
So now at this moment, we're going to take our little shaded area off and
we'll create another shaded area right.
From this low and to present time.
Okay.
So now we're going to drop down into our executable timeframe,
which is the four hour.
Okay.
So we have all of our daily highs when our down candle and the.
On those down candles and the same thing is done now also on a four hour
timeframe, you're going to see how amazing the precision is on this,
because what we've done is we've used the sequential from monthly, weekly,
and daily, and use those ideas with the PDRs matrix, only buying on discount.
And I'll show you what that looks like also by applying a tool, but
look at all of the down candles.
Okay.
All the down candles, right before a big surge.
We're going to put it with horizontal lines in here too.
Just stands out and pops off the chart.
Okay.
We had this down candle price hits it.
Rallies
two down candles in here using the body's not.
It's it rallies.
Okay.
Down candle right in here.
It's it trades away creates a new high
Okay.
We have this down candle here.
It rallies through creates a new high trades down into it.
But south side liquidity would be where back here.
So it wouldn't hit your stopper.
And I got, and you have to frame your trade around those ideas.
Again, this is swing trading folks.
It's not day trading.
So we have a level that's traded at this point here it rallies.
Does it create a new high?
No, actually fails.
So now we have to wait the price trade back down into.
The daily, look at the reaction here.
Remember this little hyphenated lines.
They're not elongated horizontal lines.
I'm showing you here with the blue lines, the blue lines, some highly
in near four hour, these little hyphenated or shortened trend lines.
Okay.
There, the daily bullet, shorter blocks or down candles at
the highs or their openings.
Look how price trades down through.
The bullish order block that will be seen on the four hour here.
It violates it here, but what does it do?
It only comes back down to what the daily look at the sensitivity there.
Boom explodes.
Okay.
Price rallies up consolidates a little bit here and M rallies away.
So now once we have this rally through, look what it's done.
It's broken up.
Okay.
So it's confirmed that has done what it's broken a high.
So therefore there's real buying going on.
So now we can go back and look at the candles in here on a four hour basis.
We have one
right there.
Okay.
But it doesn't get down to it, but it does trade back down into
the daily bullet, shorter block.
And that's where you see the price hits it rallies away.
We have a small little bullshit.
Dared last down, candle price comes down and hits it here, rallies
away and creates a higher high.
So now we're going to look for what we're going to look for the down candle prior to
this high being broken up, go back down.
What do you see?
You see this down candle right in here, and it's also a water
block on the daily basis.
So price comes down, hits that level and then boom, we get that search.
This was that last little bit on Friday and I told you, I thought that
we'd get to that 1800 level on silver and that was the catalyst for it all.
Okay.
Now you can see quickly why I do not share my charts like this every single
time I do analysis because when I do.
My analysis.
I have this number of lines on there.
Now, obviously, as you go through and you start moving away, I mean,
you wouldn't have this or this or any of the other levels below it.
Think you could charge her out of clean and keep the most, um, close
proximity levels on your chart.
But by having these levels in mind, you know, where the price may reach for.
And when you go back and you watch all my old stuff, even back when I was on
baby pips, when I was saying that I was expecting a certain level to be sensitive,
it was all of these types of things being.
Now again, I'm taking Liberty here and saying that, yeah,
I can talk about this market.
Like I am doing here.
And for someone that has never had any exposure to me, or hasn't been
paying attention to me in the last year or so about silver being bullish,
uh, this would look like cherry picking hindsight, all that business.
Okay.
But we've talked about silver ACCE gave you on a daily timeframe.
When we do our recaps and daily entries, you can actually see me drawing the
levels here saying I want to see price, stay above that level here.
And, you know, we had a level here that I noted.
I said, I want to see price, stay above that.
All these levels are.
Your charts.
And when we talked about silver, um, we looked at 1800.
I was talking about 1800 for awhile.
Um, also talked about, uh, being interested in being a buyer
at 1600 months and months ago.
You know, and even though we traded down to a low of 1566, look at the sensitivity.
If you look at the 1600 level, you look at 1600.
I mean, that's pretty much the.
And you see that big, big move up.
So $10,000 worth of, uh, profit potential there.
If you're a, if you're looking to be a buyer at that 1600 and to present levels.
Now, if you look at the metals market and the futures contracts, uh, 1800 was
actually hit, who actually went above it.
I think it's 18 or two.
I think it was the intraday high on Friday.
So when we take our setups off of.
These ideas.
Okay.
What we're looking for is, okay.
We have a range at which we want to see price trade from.
And we know that there are levels on the monthly and there's levels
on our weekly chart and there's levels on our daily chart.
And we key off of those and reduce the risk with the four hour chart.
But when we're looking at price like this and it's trading off that level
here, we have to go and refer back to.
Okay.
So we have our range up here, high and the low at which we anticipate
seeing bullshit and rally away price shows that willingness to rally.
But as we look for price to go higher, not only are we buying every down
candle or we'll buy below an old low, like price trades down below it on
low in here that's of discount array.
That's buying below.
So you pick up cell stops in the form of a counterparty for you as a
buyer and price runs away from that.
So you're always looking for where the short-term lows are, where
price could dip down below it.
And by that, and there's no real order block plane here.
So as price drops down, it's natural to expect this whole scenario.
That's why sometimes you'll hear me say, I think that we're probably going to S
uh, sweet down below an old low, like, for instance, what I talked about for.
Uh, Friday's intraday price action for the British pound USD pair.
I expected that low to be violated and rejected, and we'd see higher
prices while it didn't get all the way up to the actual highs.
It did give a nice bounce intraday, which is all based on the ideas
that I'm showing you here.
You have to have an understanding of where price should be drawn to, and we're seeing
that on a monthly chart for silver and on the weekly chart, we saw our levels react.
And, uh, we w when we see this, we have to keep in mind that there's going to be.
The premium arrays where you have to aim for now, is there going to be
catalysts for you having, um, resistance in your trades coming to profitability?
And this is why we had this level over here.
1799.
I think I was 1798.
Yeah, 1798 was the level.
I hit that on Friday beautifully.
We have a liquidity void in here, price trades up into closed in
that that was the first objective.
Okay.
And then after this, we have a little bit more of this void in here, but
now think about what we have done.
We have to consider what, what negates our trades.
If we see a.
So we have a down candle right before another hotter, hot, then it's rejected.
So we had this range in here this low.
That's the reason why I called this level here, because if you look at
the low, he comes in at 1797, even if it monkeys around, just expands
a little bit, which is what I was looking for the 1800 level four.
Um, but it's that level and this level here.
And that's why I was drawing that line out because this is a breaker in here.
It made a higher.
And failed, rejected and broke down.
So we only look for this initially to go higher.
Now we'll wait and see if the daily chart has a willingness to go higher.
And if it does, then we'll know that we're probably going to be looking for the 1920s
and 20 twos, and then they're on keep on going higher, but we would use the.
Monthly and weekly, uh, premium arrays to arrive at what the next level would be.
But while we're trading off of the daily and or four hour, each one of these
charts back in here, when it bounced, you have this liquidity void that you
would be looking to see filled in.
Okay.
And that closes in at this candle is low right here because it's the
last off Candler wait for down move.
So that's where the selling really started happening.
At that point.
You see price hits it sensibly right here, and then.
Creates a buying opportunity again.
And then price comes down into that candle here, here, all in the range
of this body and umbrella is away.
And one more time dips into it here and then moves away.
Now it took several months for this.
There's a metal to, to trade up to that level.
But that swing trading, it's not overnight, it's not intraday.
It takes several days.
That's why we have a time horizon of two weeks or longer, but preferably two weeks
till about a month, that's about usually when you'll see these traits pan out.
So hopefully this has been a little bit more insight.
Then just talking about things in general terms like the teachings.
I know some of you are just chomping at the bit.
You just want to have practical application, but you can't have practical
application without having theory.
So I'm using examples and Marcus, I already called beforehand and I'm
showing you how I use this stuff going into this, uh, particular payers and
these metals and told you why I believe they were going to go to that level.
Now you have the background behind it.
What was the catalyst behind it?
And when you do, as you go through your charts and you note all of the, uh, the
discount arrays, and you look for those, those buying opportunities to get you
in sync with what you saw on the monthly and the weekly and the daily, and you
can reduce down to a four hour chart for swing trading and really refine all of
the levels down to a smaller timeframe.
So it keeps your risk small.
Even if you are off the trading desk, uh, intraday in what you have a job or running
a business, you can use a four hour.
Okay, just check your charts.
Need a couple of times a day and you'll have to check it like
an hour before the kill zones.
And then you have all kinds of opportunities where you can reduce
the risk or look for liquidity pools to key off of, and you don't have
to really be a day trader, but, uh, it's not necessarily though.
You can just trade right off the four hour chart and be fine with that as well.
Okay.
I'm gonna show you how you can apply a tool, an empty for
you going to go to Fibonacci.
Expansion.
And I click on that and we're going to measure a range so we can keep it in terms
of our defining of a PD or Ray matrix.
So they were low up to our high drop it right on the high.
And you're going to drag that back down into the low you just pulled from.
Okay.
So you have.
The 100 level, the high and the zero low, which is the low, you're
always going to draw it this way.
It's never going to be inverted.
Like you could do a Fibonacci and all that business, uh,
like a retracement type thing.
That's not how you do this.
Okay.
What you're doing is you're anchoring from a low up to a high
and dragged down in the second line, back down to that anchor point.
Okay.
So it's going to look like this every time, a small little
triangle, if you will, to the right.
Okay.
So we have.
Several levels in here indicated, and we'll show you what they look like,
go into the expansion properties.
And this is how they are.
Yeah.
The 0.3 Fibonacci extension 30, the one level what's going to be the 100 level.
Okay.
You just double click on low area.
If you want to make any changes, change it to whatever you want to classify it.
Point.
point 90 zero and 0.5, which is equilibrium.
And if he ever wanted to just add a lot, we're going to click
on that type in the numbers.
I just gave you and type it in over here, what you want to use as your
descriptor, and then, okay, there you go.
Okay.
So we have the equilibrium price point.
Everything north or above, it would be the premium PD arrays.
And from equilibrium below down to the zero level, is your discount PDRs
focusing on the range defined here.
That way you can then work out where your premium or rays are
and what your discount rates are.
So let's do that here.
You can see how all this stuff outlines price pretty efficiently.
Okay.
And we're going to make this now.
You don't need to do this on this, showing you to illustrate
graphically because some of you need to see these types of things too.
Yeah, easy to understand.
So you have basically RPD array matrix in actual price.
You can see how price comes down into the 30 level.
That is basically a deep discount.
The deepest discount is 20.
I don't like to see anything less than 20 and premium at 80 deep,
deep, or very expensive, if you will premium at the 90 level.
And I don't like to see any new lungs in these levels.
And I don't like to take any new shorts down here.
So if we take our chart and move on over to, after we take off our
levels, now we can go into
the weekly.
Now notice what this has done for you.
Okay.
You have all of these retracements lower, lower, lower, lower.
Okay.
On a weekly timeframe, you have a small little bullet shorter block, right?
Okay, did it pop a little bit, but it didn't make a new
high Y look where we're at.
We're in the premium side of the marketplace on a monthly.
So our range defined on a monthly basis up here.
Bulls shorter box are not going to be as favorable as if they were down here down.
Candles comes down into a, hits it by.
The algorithm is allowing price.
Get down into a discount to traders on an institutional
basis can pile on their lungs.
Then price will expand and go into a premium.
If we look at the marketplace in terms of the weekly, okay.
And we look for price to come all the way back down into a level of that 1560 level.
Remember I had that on a monthly basis.
That weekly, what a block here.
Even if we weren't looking at the monthly, you can see the importance of
having this in your charts, or at least having it understood in your chart.
So you don't have to draw it out.
Initially, you may need to do this.
You need to put lipstick on your charts to show like this, but over time you
will see clearly you'll need to do it.
And you'll know where the premium and discount spectrums are in relative terms
to the current trading range, your work.
We look at the market trades off of this level.
Now it took it to get down into discount to do this, and then price
rallies up rather aggressively.
Now we're packing into the premium side of the spectrum.
We can go down to a daily timeframe also, and this is
okay.
You can see how price responds again off the order blog.
That are inside of the discount spectrum and all of the order blocks
on the premium side of the range.
You can see how they, while they did cause a little bit of buying opportunities
in here, they have small little pops.
They are not as strong as they would be, is a trader taking them
down inside of the lower end of the spectrum for the discount side.
So you're looking for the range at which price traded in.
And when you're up here, The buy side is going to be hard to pan out, but the
bare shorter blocks, you can see those actually have a lot of influence on
price while we're in the premium side.
But then when we get down to the discount side, Uh, bear sorta block over here.
Doesn't do anything the whole bat price.
Cause it's an eight discount to the algorithm we'll
just keep pressing through.
And that's what you want to be seeing.
You want to be seeing all bare shoulder blocks or up candles, right?
For down moods.
You want to see them being broken as.
Resistance points just giving way and every down candle providing support.
So hopefully this has been insightful to you guys and helped build
some ideas about swing trading.
Um, I'm going to give you the sell side of the marketplace in less than
five, and then we're going to go into actual, uh, setup type scenarios where
this is just a framework and how's it interpret when prices really poised
to move in a swing trading mindset.
But if it isn't doing these types of things, you can't.
Going here and take an order block or bio old low once it's been traded below
it and assumed it's going to be a swing trade swing trades are by definition.
Very rule-based they're not ambiguous.
Okay.
Um, sometimes day trades can be rather ambiguous if there's going to be a
lot of things that can flip back and forth intraday, because it's so noisy
timeframe when you're looking at these monthly, weekly, and daily load.
There isn't a lot of them.
So therefore everybody that's been waiting for these levels to be
traded to on an institutional basis.
That's why they're so sensitive because everybody is waiting for
that same level institutionally.
And when they all pile in, who are those players, they're the, the
very dogs that make this market run.
And all we want to do is be a flat on their back and be a part of that move.
So if you watch him wait for these monthly, weekly, daily
levels, when they occur, It's hard not to make money doing this.
So please has been cycled to you guys until I talk to you next time.
I wish you good luck and good trading.
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