All language subtitles for NFP Study _ Price Trapped Between Fractals EN

All right, come on folks.

We're gonna be looking at the
non-farm payroll, just observing.

Uh, won't be a long session.

I'm going to only be here
for like 15 minutes or so.

Okay.

Cables, um, below the buys of candles on
here to probably run it for these equal

lows down in here in dollar, they go
above the daily high of this candle here.

And we said if we did that, it would
probably make a run for the liquidity

in here above the body of this candle.

Uh, 156, I will probably see it.

Maybe run up and grab that
liquidity on non-farm payroll.

Now non-prime payroll.

We don't trade it.

We're just looking at it, getting
a feel for what they may end up

doing for the rest of the month.

It doesn't look so exciting when
you're watching it on a daily chart.

Now does it?

Yeah, there's a five minute chart.

Looks like the world's ending
and it would be nice to see it.

Just give up this whole entire attempt.

And make that run for that this
low land here in 98 90, we were

looking for that'd be really nice.

And no, I don't.

I'm being asked to, uh, I
weigh out the actual numbers.

I don't have the capacity
to, uh, to do that.

Um, it looks like we all, yeah,
we went bearish for a second here.

Let's see if we get some
acceleration on the downside.

No large funds.

Don't.

They don't participate
in non-farm payroll.

They have positions.

I'm sure of head of the
non-farm payroll release.

As sometimes I have in the past.

What I like to do is I like to
monitor what levels it reaches for.

And I'm certainly willing to allow the
market to tell me the collapse, the trade,

but usually my stops are not anywhere
near non-farm payroll because you know,

when it's coming and it's the first.

But I like watching it because
it usually sets up some sort

of a indication for the month.

Usually what you see in the non-farm
payroll, Elise in the reactions thereof

gives us a clue as to what they'll
probably do for the rest of the month.

Not always, but it's general thumb and
usually it's the opposite direction.

Yeah.

You guys getting the feeling that we're
ramping up for a very volatile summer?

I think.

I think the U S isn't
for a real rough way.

I'll Shane dollar caught a second
wind would be really nice to see it.

Just expand and hit that level just
for general principles, like to be able

to see that level hit for the week.

A nice move on gold from this quarter
block here, and like to see it expand

up and hit that level right up here.

1240 stills.

That's still an objective
as mentioned yesterday.

Oh, is, it looks like it wants
to take out yesterday's high.

If it does, it should immediately
expand towards this level here,

cable still flat.

He hasn't really done much at all.

It's come off with it's low

and dollar still not convincing
one way or the other.

Do I think Euro.

Do I think a year and
good at 1 0 8 70 today.

Is that what you're asking?

It's certainly, I mean, that's where I
think it may want to reach for, I liked

the fact that we didn't give up much
of the, uh, the range of this midway

point or this down candle rate in here.

I mean, threshold kind of respected
that and came off of that.

So that's encouraging.

So hopefully we'll get some kind
of a turn if it holds this WIC.

And we get a gap opening up on Sunday,
trade back down a little bit in, uh, close

it in real quick and then start to expand.

That would be nice.

And then obviously we would be
reaching for that one to eight

70 level now, but as it is right
now, it's not on payroll Friday.

It's always a toss up.

I'm not really ever really 100%
sure what direction is going

any other day of the month.

I'm pretty confident.

Inclination, it's going to move to
one side of the market over the other.

It's pretty, it's pretty easy
to pick out where it's going

to go then and what levels it's
reaching for, but non-farm payroll.

You just want to avoid that and
not try to get so, uh, you know,

insistent upon knowing what's
going to happen in this state.

I give up trying to do that on
this one day of the month, I could

care less, but it does help me get
a feel for what the month may do.

Dollar is trapped in a fractal.

I'll give you a last five
minutes of interaction.

What's this candle over here,
bullish or bearish breaker.

Okay.

So understanding that in
relationship to the institutional

reference points that we look.

Would this be, if we're down here prior
to non-farm payroll, we look for that

level to do what if prices down here?

It could expand to a good, good answer.

Brandon, once it gets here, we measure.

If it has willingness to
get through halfway point,

also, we have all this right.

This down, move in here.

Surprise expanded up into the breaker.

Now is the breaker just this candle.

It's the one where you report to right.

Cause to downtown.

Back to back at the entire order block.

So we look at the midway point
of that range from here to here.

That's how far it can reach up
into this fell short of that, to

expand it up into the breaker.

What makes us a breaker?

Because it was short term high
back here that rally through it,

took the stuffs and then rejected
them, traded down through it.

So when you look at price like this, This
run up about this old high, what type

of institutional swing point is this?

Very good or swing takes the stops out.

If this would have reversed with
a lower high here in relationship

to this one, what would that be?

Failure.

Swing.

Good Jake.

Good job.

There's only two
classifications for instance.

Swing points.

These are the best because it
comes back to the stops and

then runs away, highly unlikely.

They want to come back
to that level later on.

So what we're looking at is we have
price, having a difficult time getting

through these two down candles here, and
I'm looking at this candle as indecisive,

basically the open and closed at the same.

So you blend those two together.

We're holding rate at that
level here on the downside.

And we're having trouble getting
through the breaker here.

So we're stuck and it's Friday.

So we probably gonna to just chop wood
for the rest of the day, if you are a day

trader, and I'm saying this only because
we're kind of like on the casual today,

nothing's really tradable on non-formal.

It doesn't have any indications
about swing trading.

It's completely isolated from that.

So I'll just talk freely
about some interesting things.

The, when you have this on non-farm
payroll, Fridays in the market has

difficulty getting through an area
where it would be buyers and whether

it'd be sellers, it's struggling
now, it's, it's not going to have,

it was a great deal of probability,
significant move, higher or lower.

So, if you're looking at this environment
right now and say you're a day trader

or a scalper, this is where you move
to the sidelines and you close the day

and you're, and you're weak right now.

Don't worry about anything.

A fractal is basically a, well,
we have a turning point in here.

We have a turning point in here.

We have a turning point in here.

We are turning point here
and all these turning points.

If you go down to a lower
timeframe, they are reproduced

just in a smaller form of itself.

And basically when I look at a fractal,
I'm just looking at the turning points.

It's not like it's a
special pattern or anything.

So it stuck in between the breaker
here in a bullet or a block.

And here, no willingness to move.

We were already closed in the.

So where, where can it reach for,
with a high degree of probability

it's uncertain right now.

So does that make sense?

Why the market really doesn't have
an ability to move outside the range

it's already created for itself?

Cause look what we have here.

We have this low.

Okay.

This is, um, in continuation of the
understanding of why or what a fractal is.

We have this low.

What was the last thing below that low?

So what did they do here?

It took out the cell staffs and
then rejected and went back up.

They took out some buys stops above
the short-term high, but now think just

a little bit past this, to the left.

We have this whole.

We had one above this short-term high
prior to this rung up here, what was

resting above the short-term high.

So we have by stops taking out here.

We have cell stops taken out here.

So is the market balanced
or imbalanced right now?

Balanced?

That means there's no imbalances right
now where they have to quickly reach for

the opposite side of the marketplace.

Right now we're going
into the weekend balance.

There's no indication that
it wants to reach above here.

Cause it's already taken the
stops to the buyers are out.

The sellers are out and now we're neutral.

So they're going to wait for
the weekend to build sentiment.

So you just sent these simply sit on
your hands and you don't do anything.

Does that make sense?

So our opportunities are
always at the end of the.

Okay.

Now let's go back for a moment.

Let's go.

Let's assume for a moment that
this was a little bit lower

timeframe and this low hadn't been
taken out yet to probabilities.

If we were up here prior to non-farm
payroll would be what to reach for

this high here or the low under here.

Again, assuming none of
this has happened yet.

Like the chart would look like.

It would reach for the low,
because it has already taken the

buyers out with the buy stops.

So the sell side liquidity
has been untapped.

It's not been traded to yet.

As soon as it does this, it's
already taken the cell stops

out and it starts to rally high.

If it takes this high out here
and takes another realm by stops

out like it does right there.

And it's Friday and it's non-farm payroll.

You've bounced out enough.

There's no, there's no imbalance.

You're back in the middle of
what range, this tie in this low.

So you're at equilibrium with
no real clear liquidity pools to

reach for because both sides of
the marketplace have been zapped.

It's clear that you make it clear
for you, and then you'll have this

market struggled to hang around
in here now day traders scalpers.

Okay.

Yeah, not jobs.

I'll be in here trying to
capture every little thing.

They see stochastics, all these
Mac DS and all those other stuff.

They'll be looking for some kind of
signal, but the market's in a condition

that really doesn't favor a move of
any significance higher or lower.

So when we look for trades, we're
looking for the outer realm.

Of specific ranges, like, like
we have a range high here.

It took that out.

Whenever we say oh, high taken out,
we, number one, we look for rejection

or indications that wants to continue.

We have a low here it's traded
below that and then rejected.

We have a low here.

It should be below that and rejected.

If it's rejecting this low and trades
higher, what's it going to reach for?

It's not going to reach for this high.

It's going to reach for the buy stop.

Worried about the short-term high.

We've already done that.

We closed in the range and we
traded back into the breaker.

There's nothing right now.

It has to reach for before Friday's close.

So you simply just move to the sideline.

Now, since dollar is going to be
held in a range, now it's trapped.

That's what I mean by
it's trapped by fractal.

This swing point in this
swing point has balanced out.

No near-term open flow is exist
existing right now, except for

the intraday high and intraday.

It's formed prior to non-farm payroll.

And that's about the only boundaries
that we'll probably reach for.

And that's going to affect all the
K uh, the pairs like cable thinking.

Look at European.

It certainly looks like it
wants this buy-side liquidity.

We'll be watching it on
Sunday and go still it's.

Now it's flat to silver.

As long as it holds this
full, shorter block.

So, yeah, that's what
we're looking at for today.

Um, just want to toss something out
there because there's nothing that we

can discuss before we do the teachings.

Um, and there's a third list out there.

One more time, please
send me your satisfaction.

If you haven't done.

So I need that today by midnight.

Uh, if I don't have it, you will
be disconnected and interrupted.

You won't be able to access
to the forum or the teachings

tomorrow night on Saturday.

And if your payment hasn't processed,
please make sure that also, because

that will also interrupt your service,
have yourself a pleasant weekend.

Keep your eye on, uh, the
newswires about the events.

I'm sure it's just going to
continuously get worse as we go

along in this wonderful adventure of
Trump land until I talk to you again.

Good luck.

Good trading.