Original subtitles

Welcome back folks.

Okay.

We're doing a review on overnight.

Action.

Take a look at the dollar index first.

All right.

So we've had our move above that one-on-one 60 level as noted two days ago.

And we came down to our order block that said we would probably have.

Oh, draw to this level and it might be a short-term little bounce in it.

I wasn't terribly excited about this level.

Um, it'll prove to me that, uh, it wants to go higher from here.

And so far, it's only been a really quiet little bounce, which is expected, and we

were expecting some measure of, of Paul's.

If we get below this level again, we're drawing our attention to the

body, to these candles and therefore the liquidity pool resting below.

Okay.

Now, before we go into any further discussion, I want to remind you

that throughout this week we were mentioning how dollar index is most

likely going to be stuck in a range relative to its daily timeframe.

And for the most part, we we've done that.

Okay.

Which is making trading for lack of a better word, more

difficult than it usually is.

Okay.

When the markets are in more white.

Based ranges or if it's in a trending environment, um, it

makes it very easy to trade.

The levels are more cleaned.

The more discernible, uh, they're obvious where they're going to react, that the

more, uh, institutional sponsorship is going to come to the marketplace.

So, um, I'm very encouraged by the number of emails I received in the last couple

of days about how they have as members of our community have dialed back.

Frequency in terms of taking demo trades or, or trying to engage the

marketplace because of this observation.

And they've seen the benefits of knowing why I talk about it in such

a way where it's not a green light go pedal to the metal for board, you

know, trying to get in there and try to find a trade every single day.

Um, I'm also encouraged by the reception of the January contents.

Yeah, we've bled over into February in regards to using hard timeframe charts.

And a lot of you have voiced your opinion about how it was uncomfortable for you

to go down to the lower timeframes.

And that is a sign of maturity because you're actually you using the information.

Now that means you can see the value of using these higher timeframe charts.

You're going to keep that going forward in your development as a career track.

You're going to do, like I said, at the Mo the bulk of your work is going

to be on these hard timeframe charts.

Cause it gives you all the setups you're looking for.

So I want to kind of like preface this session today with that, and

kind of like make that as a bookend statement that, uh, while we have been.

Blazing hot with the types of moves that's been happening.

Uh, but the levels are still being drawn to these higher timeframe charts.

There's still some measure of prognostication available by them.

There just, isn't a lot of barn burner, so ups and that's what

happens when you're in a consolidation or range bound environment.

You have to submit to that.

You can't force it.

You can't force a trade set up.

You can't force an outcome.

And a lot of you are communicating that observation with me by email.

And I'm very encouraged as a mentor.

So I'm thankful in that regard, because these are lessons that are hard to teach.

They're very, very hard to communicate.

I can show you examples and Harvey, I got your email regarding, uh, you

know, what is, uh, uh, a trending market and a range-bound market.

What does it look like?

Um, it it's as simple as this, you know, in a camp.

Uh, consecutively higher highs or lower lows and to stays in a defined range.

And it keeps wanting to come back to the middle of the range.

That is the classic telltale sign that is any range or training, trading

arrangement, garment, or consolidation.

And if you have that on a hard timeframe chart, it forces you as

you'll learn in the short term and day trading models, it forces you to

be a day trader or sit on your hands.

And as some of you have indicated.

And also some of you have learned by using the January content.

Some of you don't want to be day traders and that's wonderful.

It means that you've already refined what type of trailer

you don't want to be in that.

And some of you, you're going to spend a lot of time trying to force

yourself to do one shot, one kill setups when you're probably better

swing traders or some of you are going to be amazing scalpers or day traders.

And you just, aren't going to be able to do anything in a hard timeframe, but

you'll use those timeframe levels to work within the, uh, the lower timeframe.

Uh, So going forward, you know, just be mindful, you know, that you're learning a

lot and while it may seem like you're not getting a lot of details, And new Thora.

I saw your email requesting a rundown, like a top-down checklist.

That's all part of every single model.

So in your PDF notes, every single month going forward, like

this month is for swing trading.

You'll have a checklist that you do for everything.

It sets up a swing trade.

What constitutes.

Um, a bullish idea, what constitutes a bearish idea, and it gives

you a step-by-step process.

It's not a flow chart, but it gives you deep processes from one thing to

the next, what you should be doing, and then what the question's going to be.

Well, what's the different between that and the PDF.

The PDF walks you through every stage and it gives you decision points.

Whereas the process or checklist that just gives you that.

The, the, basically the, the outline, if you will, of what you should be looking

for from the beginning and in the end and what she would decisions and in

between that's given to you by the PDF.

Okay.

So that's all given to you in August, but you'll certainly know exactly

what you should be doing as a swing trader at the end of this month.

And then we'll have, there'll be an incorporated in your notes.

So if you have that same question, folks just know that you're going to have

a complete outline as to what you're doing with the tools for swing trading.

All right.

So dollar, um, it is riding obviously, um, it used to be, I hated this day,

there was no trading, but now I'm thankful that it's coming because

it gives me an opportunity to rest.

So, uh, I will be, um, counseling you to go through your charts

again and see the impact of how.

The dollar being in this consolidation has affected most of the payers.

And it's been very difficult for majority of the pairs to find

some, some leg room to move.

And you'll see also that it still gives you trading opportunities, but

it's going to be a lower timeframe.

And since that's outside the scope of our monthly content, okay, I have to

resist going down a lower timeframe.

This show you just held.

The short-term and intraday trades have been this, this week, but

I'll leave that for your own study.

You can do that one on Saturday, one hour, just go through it.

But don't 20, don't spend too much time on it because you need to be focusing on

the content that's being shared so far and revisiting the things in January.

All right.

So the four hour, you can see, we had a really nice reaction still at that level.

It's a transpose this level here at a 100 point 44.

And move it over to our four hour chart.

We said, we'd see a low of 100 point 40.

And the low on that candle comes in that 100 point 41.

So I was off by one PIP.

We said, we'd see a little bit of a bounce, probably a Paul's in here.

We've had that, nothing terribly exciting on the upside.

And we didn't see a ferocious downslide either.

So it's classic.

We're back inside the middle of the range.

Okay.

Defined in here.

If you look at the daily.

Harvey.

This is for you as well.

The,

the bodies of these candles in here, you want to use the lowest.

And the highest of the body right there.

Okay.

You can see how we're back at equilibrium.

So you that's the 50 level on the fed again, there's

no magic about the 50 level.

It's just, we use it to, to gauge or measure where halfway point is.

So we're basically all we did was we went right back to the middle of the range.

So there's nothing terribly exciting about this environment.

So you have to either sit on your hands or.

And we're not in day trading contents that we have to stay on the sidelines and just

wait for another hard timeframe of which we treat you to, you know, which we have

to see some movement away from this level.

We're not trying to predict, we don't know if it's going to go up higher and

we don't know if it's going to go lower, but we do have a sell side liquidity

pool rate below these bodies, these candles in the form of rejection block.

So we could see the market most likely want to draw to this level because

it has the least resistance to.

Much more, uh, ground needs to be covered to get back above

this high and above these candles bodies versus what we see here.

Okay.

So we had a really nice rejection at a level that would, if you didn't know what

we're looking at here, in terms of our timeframe levels, as I indicated, there's

really nothing up here that would show you, or, or reason to give you a, um,

an idea to expect this type of center.

But it's nice to see that happen.

We know we had the one-on-one 60 level there, and that's what I'm encouraged

by, because a lot of you are seeing the fruits of you studying this.

I wish.

Um, I'll probably have Cody do this.

We'll go through all the emails.

Okay.

And I'll just cut out the one statement where you're are.

Like verbatim saying the same thing.

I'm so glad you forced us to stay on a daily timeframe in January.

There is a plethora of you I'm telling you there's.

That was amazing to see that response because I was telling my son, I said,

look, we're probably going to lose half of our membership this month

because they're not going to be seeing anything except for daily chart.

But the ones that have gone through the process of studying it and really

just being sober-minded about it.

You're the ones that are seeing the fruits of it.

Now you see it, you see the power of it, you see the benefit of it, and that's

exactly what you want us to trade it.

You want very low energy involved in your analysis.

You don't want all this hyper decision-making processes as if you have

a lot of things to make a decision about.

Logan said that, does it compound to your ability to.

So if you have more opportunities to lose money, guess what that does.

It makes you more likely okay.

To be unsuccessful.

So if we focus on only higher timeframe levels, relative to a

monthly, weekly, or a daily, it reduces the number of decisions.

It reduces the number of opportunities and it's.

Benefiting you, because it gives you the levels that, which that has the

highest probability of having a reaction, because that's where institutions

will step in either by, at a level or some other level, or you'll know

where they're trying to draw price too.

So there's been a paradigm shift for those that have really submitted

to the study of just focusing on these higher timeframe charts.

You're just realizing there's plenty of trades coming up.

We have we're going into lower timeframe so that we'll have

something every single day.

When we get to those, but right here, we have to focus on what sets up those

higher power, higher probability trades, whether it be a short term trade or a day

trade or swing trade, he has to give the market the opportunity to get to these

levels and set up the framework to, to propel price higher to, uh, obviously.

Or send it lower to an obvious level, but right now, because of the condition

and the market profile, and this is nothing new, I'm not trying to, you know,

pull some kind of shenanigans because there's nothing I can trade right now.

So I'm going to make up something, go back to the trading plan development for.

Pre tutorials.

I talk about this.

I talk about market profiling to where it just makes it difficult to trade where you

have to work within a small little range.

And if you're in those tiny little ranges.

Okay.

And if it's on a daily chart, what does it indicate?

Think for a moment, if the, if the dollar index is consolidating on a

daily timeframe, is that indicating.

Indications that the funds have a directional bias and they're going to

be dull piling in buying or selling.

Absolutely not.

They're on the sidelines, just like you are being forced to be on the sidelines.

It remembered number one in your notes.

Right now.

Remind yourself, write this out.

Small money cannot push price, smart money pushes.

And we have to have the number one key ingredient is displacement.

It has to move.

It has to show us that it wants to go higher, or it wants to go

lower without that we are neutral.

And that is a winning position.

Every single.

So if we have neutrality in the marketplace in the form of consolidation

or market profiling and arrange, as we're indicated here in the

daily timeframe, we mentioned this beforehand, we didn't get terribly

excited about 101 60 being violated.

I said, you know, if it expands, it has to go to this level and it has to be dynamic.

Or if we trade back down, it's probably going to go back to this

range here and it's yes, it's an older block, but more appropriate.

Defined it's the equilibrium price point as we just noted.

So again, if it's giving indications that it wants to go back to the middle

of range, that is not indicative of smart money pooling its funds

into that, into that market or into the marketplace as a whole.

So if that is what you're seeing on your daily timeframe, that's very.

Crucial information to say, okay, I can not be a swing trader right now.

I have to either be a short term trader or I have to be a

day trader or I had to scalp.

And if that doesn't fit your Mo your model as a trader, guess what that does.

It tells you when not to train that's exactly what we were hoping you would

learn from the content in January.

So if you can't get a swing trade set up, then you're obviously don't want nothing.

You're waiting.

And that's the part that's going to make trading hard for you, because if

you are going to be a swing trader, you're going to be sitting on your

hands a lot, gimme waiting because they are not frequently set up.

So if you lack patience, it's going to either form it in you.

Or it's going to force you down into a lower timeframe model.

Like a short-term trader one shot, one.

And it's nothing there's nothing wrong with.

That is a lot of things that you're going to see in the things that we talk about.

The swing trading model they're applicable to the short term, but there's

some things in the short-term, they just aren't in the swing trading mile

because it's more time of day centers.

So I believe her dad enough.

So I just want to make sure you understand it.

Most of you on the right track, you're doing very well and your development.

And I don't need to tell you that because you're telling me in your

own emails, but for the few that are just wondering or pondering, why

is the market not performing well?

Why is it hard to find setups?

Because I forced your perspective on swing trading.

So don't be upset that you're not seeing anything.

That's exactly what you're supposed to be feeling, because I there's nothing

right now to get terribly excited.

And this is the amount now remind, remind yourself, remove ICT and the

daily dialogues that we have, the things that you're feeling right now.

These are the observations that you should be logging in your, in your journal and

reminding yourself when you feel this.

And you see this again, it's indicating what there is no reason to be in here

forcing a trade because the conditions are not applicable for Twain or for swing

trades, not in the form of high problems.

So just be content with the fact that you're on the right track.

And you're trying to think outside of the level of your understanding

right now, because it's exactly where it needs to be at.

Don't try to think beyond what I need to know.

I need to anticipate this, or I need to know what this needle.

No, you don't do you need to focus just on what levels are apparent on

monthly, weekly, and daily, and that.

You don't need to create anything new.

You don't have to add to the things that worry about and decide about if

the levels aren't being traded to.

And they're not showing displacement and movement away dynamically.

It's telling you everything you need to know.

It's quiet.

The markets are in a reserved consolidation.

It's not performance that performing an expansive and expansive type.

So, I mean, do you have to sit on your hands?

Let's just swing trader and there's nothing wrong with that.

You're going to do a lot of that as a swing trader, you're

going to be waiting for setups.

You're going to wait for confirmation there's market

movement participants coming in.

That means smart.

Money's really driving prices higher or lower off of discernible clear levels

on a monthly and weekly and daily basis.

So just again, remind yourself and your notes.

We are an arrangement on consolidation relative to the daily.

And that is going to put the, the, the snare, you know, around the other payers.

It's going to create a very difficult scenario for them to

want to move in a dynamic way, one way or the other higher or lower.

So it forces you down into short-term trader or date.

So if you're going to be more universal in your approach to trading, and this is more

or less the graduates, uh, view of trading with my stuff where you can trade all

levels of a timeframe, but I just don't get terribly excited about, um, long-term

trading and swing trading, unless it's really set up to move dynamically and.

You'll you'll see the benefits of that, but when it's like this, okay.

And you're going to be more universal in your approach.

This tells you exactly what model of trading you should be doing.

Okay.

Well, it's not good for long-term right now.

It's not good for swing trading right now.

So I'm going to move my model down into short term trading,

and then you'll be fine.

You Excel?

No problem.

And then you also learned that in short term trading, there's something

every single week, regardless of what profile you're trading in and

in day trading, there's something.

So, again, don't lose, don't lose sight just because you're

chomping at the big center.

A few of you are really excited and you want to get in here and you want to

use these new tools and all that, but don't exchange that for rushing in and

trying to apply something when there's no real conditions to use it right now.

Okay.

You have the tools, we just don't have the conditions to apply it.

But you do have the understanding it's been given to you and shared

with you in regards to why you should not be trying to trade this model

because of the given conditions.

Right now, we're in a range-bound consolidation.

It can't expand out of this range or therefore we can't expect it

to swing more appropriately to a higher level or lower level.

So it's going right back to equilibrium and it's staying in this

little, small little consolidation.

So.

Keep that in your mind and don't try to force something that's not there.

If it's obvious, it's probably a good deal, but it's pretty set up.

If you have to ponder about it and wonder is this, this is this that if you have to

second guess yourself, it's probably not a condition and you need to be training on.

Alright, so that's enough about dollar let's go over to the year or yeah.

All right.

We mentioned that one or six 80 level, uh, in the form of a breaker

that might put DePaul's on Europe.

It has done.

So we're consolidating still.

And we may chop wood in here a little bit between the level of 1 0 6 80 and 106 20.

It might hang around in that range.

There's more likely.

Uh, scenario for this to trade up above the bodies of these candles in here and

trade into a little bit of this down move.

I don't want to get terribly excited because it's already traded off the

low here, but it may want to run back up into this bearish or block here.

It may want to go back into that and recapitalize that for it goes lower.

If it does go lower.

So, I mean by that is this we could do.

This, and I'm highlighting this candle right here.

So don't think I'm trying to draw attention over here.

I just want to make sure you can get that.

You can see it.

All right.

So we have this last up candle rate for the down move.

Uh, we've had it, we traded below it and came back up to it here.

And then, so we had a retrade to that order block.

Two times and then moved away to, they may want to come back up there and hit it one

more time and add more selling and work off that breaker a little bit more because

we've, we broke this breaker right there.

Okay.

We came up to it here, here, and then he needed to take some more off.

And that may be what they're reaching for.

So the next level of concern for your dollar is one oh seven, ten one of

seven, big figure one, a seven, 10 could spike the one who set in 20, but

I wouldn't get too terribly excited about anything more than that right now.

Cause that would be the main threshold of the last down candle rate for the up move.

And again, we disregard this one cause the WIC it's the Ronald stops.

So this is the low.

You want to go back to the heart of the buy before this high taken

out, which this down move here.

This has a manipulation look through that.

Focus on this down candle here.

And that's, what's going to be more important, not this WIC

or this little body candle.

It is overlapping relatively in the same area, but this as a general rule of thumb,

it, isn't going to do that all the time.

It just, in this instance, it's just an aberration.

It's not really indicative of anything.

Be mindful that this is the manipulation taking out.

The cell stops below here, but this short-term high that was violated.

And then the new rejection and breakdown of market structure that this

down candle is the real focus point.

Okay.

So just be mindful of that.

And it's about mean thresholds about that 1 0 7 20 level, this for

sake of knowing and completeness, this has put a fable in here and

measure it and see what it really is.

Yeah, 1 0 7 18.

So basically it's one or seven 20.

So we were only two pips off in terms of rough eyeballing it.

So it could split to 1 0 7 20 and still be okay.

And then that's the level we need to see if it gets above that and

starts running, then it's probably going to be bullish for Euro.

And we'll look to see a run above this candles close right here

at a one to eight big figure.

I don't see that here.

I think that we're probably going to be maintaining a range.

Between what we've already established at 1 0 6 80.

And let's use that level here, referencing that candles close to

we'll probably trade sideways for a few more days going into next week.

And then what we see in terms of directional response, that's

going to be helpful to us.

Um, indicating what the dollar wants to do and your wants to do.

I'm not really excited about Euro.

I've been mentioning this for a while.

I've been avoiding it.

It's been really sloppy.

And finally, now that's been communicated into cable.

So when we go to cable, this thing has continued to be a heart attack.

I mean, it's it doesn't, it doesn't know what it wants to do.

It's moving all over the place, um, on a four hour break for those of you new.

My short-term stuff.

You can see some setups, but again, in terms of swing trading, it's not there,

but there's a lots of day trades and short term trades in here that has happened.

But I can't talk about those because it's outside the scope

of our focus for this month.

But in terms of the daily timeframe, I mean, look at this, we talked about

that likelihood, this possibly moving sideways, and it's been exactly to.

Sloppy spiked up spike down, but look at the bodies of the candles,

basically consolidate all in a range.

Now I've got excited this morning.

I got up and I saw it expanding down here.

And actually I was looking really at the low and it was all gold face candle.

I'm like, okay, now it's probably going to move out of

this range and that'll help us.

Cause I don't care.

And neither should you as a trader, what direction it wants to move in.

I'm not brand loyal on that.

You know, pro bear pro bear bull.

I don't care what side the marketplace wants to trade on.

I just needed to move.

If it can't move them, you know, we don't have an opportunity.

So if we continue to stay in this range, that makes it difficult for cable.

So we have to look elsewhere and puts us in.

Like I said, we were watching the metals markets this week and

we were watching all the dollar.

So we have.

Two times it traded down into this high, here with a buys, these candles,

we hit it here once we hit it here in today, again, twice today, small

little bounce, but again, we left equal lows here and we also had the bodies

on this low here that we watching.

So we have the lower, the two is the openness candle.

That's 1 23 74.

So we'll probably most likely want to see it expand down into.

Going into London clothes today.

It may want to run down into that, uh, this candles opening, and also

clear out the closest left in place.

Um, folks are looking at this with trend line ideas.

Okay.

You can see a high, a lower high, lower high.

Okay.

That's something I don't like.

I don't like that because that to me is what we talked about in the

mentorship where we're in a range.

Um, Yeah.

If we see the breakdown on a dollar index and say the dollar index makes

a run for let's go back to that.

It makes it run for these sell side liquidity out here.

What that means for cable is they'll probably want to come back up and crack

through this suppose it bears trendline.

So everyone's looking at this and saying, okay, this isn't now the down.

So if you draw a trendline on here and I'll leave that to you and your

platforms, because I don't like to show a dial and trendlines, am I

invariably going to have a screen capture and put it on the internet?

ICT does trig what turn lines?

No, I don't.

But the, the, uh, the level I think here is being communicate to perfect.

And I think they'll probably want to come back up here and snap through

that, just to break the backs of those that want to be short sellers.

And it could still go lower after that.

You know, if the dollar comes down and runs out those sales stops and then

goes a bullish from there, that would be an indication for, um, uh, a rally

that needs to be faded for cable.

And we had small little runs on liquidity above this short-term high.

We had one in.

Okay, but in terms of intermediate term market structure, these highs, I'd like to

see one of those get broken because it's too, it's too uniform too, too neat and

tidy inside of the larger consolidation, which to me always is suspected.

They'll probably want to come back up and run that doesn't happen to happen today,

but just be mindful of that next week.

Just keep that in the car to the potential scenario.

And again, that's on the heels of the going down into that

sell side liquidity on dollar.

On a daily chart, we just mentioned, but intraday, we're looking for

a move potentially to expand down the low that, uh, 2375 level, and

also wiping out these equal highs.

So that's going to be the scenario for the cable intraday

dollar CAD, still in its range.

As we indicated, I still wanted to see that one 30 level it's been resisting.

And we've had no real upside and no real downside.

It's still stuck in a range.

And again, it's all really ugly price action work in a clear discernible

range, the body, the candles here, low bodies of these candles highs we're

inside the middle of that equilibrium rate right here, mid pin point on that.

So nothing is indicating higher or lower for this pair because of that.

We had to sit on hands and wait.

We're waiting for displacement for bulls.

You get above here bears.

I'd like to see a trade.

Now that we're here, I would be inclined to take a long $1 CAD.

If the dollar resumed its bullishness, after taking out their cell stops on the

daily, over here and us CAD takes out the low here and it shows a willingness.

It gets back above one 30 at that level and gives us a bullet

shorter black on four hour basis.

The trade-off of which isn't here because it hasn't gone below the low yet.

That would be a scenario that I would like to be a buyer of.

But in here, I don't want to do anything because it's not showing any clues

whatsoever that it wants to go higher or lower with a high degree of probability.

Oh, is he dollar?

Okay.

We had a 77 32 yesterday.

The high, uh, we took out the high and I said that if we didn't take out any of

the sell side liquidity before running through the 77 big figure, they're

probably going to run it to 77 big figure and then come back down and then

reach for a more, a deeper retracement to come back for the sell side stops.

Indicated by this main threshold here.

If we break through that, the mean threshold at this gives way, it's

going to be a straight shot running for the stocks below here and more

perfectly below the body of this candle.

Right?

Get to lowest of all the bodies of, of candles in here.

Forget the wicks for a second.

When I say Southside liquidly, we're referencing the bodies of the candles.

First again, you use that matrix for the PDR.

This is the one before the lowest of the low.

Okay.

We have the bodies of the candles.

Okay.

So whenever I had the highlight on your charts, you're doing that same breakdown

on a PD array matrix where the lowest is the old, low, or an old high that's the

lowest for sell side or for discount.

But we're going to look for a move to sweet below the openness candle, right?

76 20.

So if it gets through to main threshold of this down candle, which is what we

highlighted yesterday, then if that's the case, we'll see the market wants

to reach down potentially as low as.

76 20 and then drop down into that 75 90 to 75 95 level, which

we were looking for, which could potentially be a swing trade idea.

I'd like to see it trade down there for a buy, but how we trade

here at this meeting threshold.

Um,

Interested to see, let's what we see at this level.

If we can find support here and we bounced and start the rally again, then managed

a lot strong than I thought it was.

And it's just going to make a run for that 77 45, 77 50.

But given it's Friday, it's profit taking this.

Market's been really bullish, you know?

It's it's about time for it to give up something.

And they're going to make a run back down for the sell side of liquidity or stops.

It means threshold is this level here.

We know that yesterday, so we are only a couple of pips away from that hitting it.

It's the obvious draw to price here.

If we break through that convincingly again, all eyes go

down to this level here, 76, 20, and forget, going up for awhile.

Look for this level will be taken out as in the next downside objective.

You're a pound.

We said that, uh, since cable is being held in consolidation, the trade is

going to be in Euro pound, and you can see the European has been rally

and we've come up and hit the bear shorter block here, close in its range.

All this void is now been closed.

This would be done for the objective for the week.

I don't really have anything else to say about this pair, because again,

it's in line with what the cables still in which causes consolidation.

Gold.

We're still looking for that, uh, run above the high here.

So we've already blown through the bodies of the candles.

We've hit through that.

The next target or objective is going to be the high 1, 12 45 is called.

That was blow through that as an objective.

And we're still looking for 1250.

That's the level I'd like to see training to.

Um, it's.

I have 1251 on here.

So I guess it's probably anchored to something, um, automatically, but

I'm looking specifically for 1250 as a target, as upside objective.

And at 3:00 AM.

I didn't wanna touch that because it was going to do that.

So this throwaway horizontal line on

that's, what we're looking for for gold as an objective, it would also

be one more run through this old.

Really nice response off the level we indicated this week.

So we had a really, really nice, um, gold play to study throughout this week.

I still want to see the buy-side liquid.

You get ran out before the close today.

It doesn't do that.

I hardly broken.

I just want to see it happen just for general principle, but again,

we're still looking for 1250, nothing indicating any bears this in here.

Even if it's going to turtle super false break above this high, I

think it's certainly doable to get to 12 50, 12 55 as an objective.

So if you are long, just be mindful, take something off as soon as we get

above this high and then look for 1250 and be content with taking it off there.

If it's going to go hire a longer-term, there are plea w plenty more

opportunities to get in along don't need.

Don't miss the opportunity to get out with a really nice exit point.

And so.

This market is per, uh, perplexing.

Cause it's w it's going higher, but it's going a snail's pace, the case,

very, very lethargic, uh, moving higher.

And if you trade this metal, it's very expensive.

The whole.

Okay.

Even while it's going higher, the, uh, the, the rollover can,

can pretty much chop you up.

And I think that's what they're doing, even though it's been

bullish, they're making people pay a premium, the whole distinct higher.

Okay.

So.

Yeah, you don't want to be trading metals through your Forex broker.

You want to be trading it through like a Forex?

Uh, I'm sorry, like a futures broker.

You're actually trading the futures contract.

You don't have to pay, roll over or anything like that, but when you're buying

silver like this, you end up paying some rollover fees that can be expensive or.

And especially when they want to be ignorant in my expression

of what they're doing.

I mean, yes, if they're taking a higher, but if you look at all the transaction

fees and rollovers in a market like this, um, it trust me, it's, it's expensive

and it eats and erodes a lot of your profit that you would otherwise have from

being long down here in late December.

Do the math on that, uh, rollover fees.

It would, he roads a lot and he can be still right on the market.

But in this, in this particular market here sober the cost of owning

it long can be pretty expensive.

But we're still looking for 1821 upside.

Um, nothing in here indicating that it's going to be weak or bears.

It still looks strong.

So that's the object objective here still 1820.

And if we get continuation and run through, I'd like to see some kind

of level like, uh, exuberance, okay.

Or capitulation where now everybody wants to be a buyer and had something like this.

Maybe one or two days, like this big candle here on the day.

If we could have something like that, that would be cool.

That would be a nice

element to this uptrend.

That way it would be clearly reaching for something.

And then we would know where then, but right now it's just slowly crawling

up here and we've got to take every institutional level at this point as

the next objective, because there's just no real aggression to get up.

But even though it's still making a stair-step climb.

We have to just make our objectives rural short-term.

So in the next one, above 18, 20 would be 1850 to 1880, then 19 and so on.

That's how we would continuously do it unless we get some big blow off

candles on a daily where it starts to slicing through camp objectives.

You know, there's no way for us to be.

Really pinpoint accurate with this one, you just got to keep holding

on and see what it gives you.

But again, it costs to do that because when you buy the metal through a

Forex broker, um, they beat you out with the spread and the rollovers.

And that's the business for, uh, for today.

I want to take a look one more time at which one was that looking at here?

Um, dollar and.

People.

Yeah, I wish there was something I could really talk about and get

dialed in on, but this doesn't give me much to work with.

And I think you would all quickly agree to, it's been a

little difficult this week with.

Using the higher timeframes for this type of pair, uh, cable average, Pam versus us

dollar just can find its way out of this.

Uh, this range.

I would have really been excited to see at least this low taken out.

Okay.

And then if we would have came back to the levels we're at now,

then I'd say, okay, it's obvious.

We're going to make a run for the buy-side liquidity.

Like in other words, if we would have taken this low out.

Okay.

Or even this low, if we would have taken this low out and then came

back to where we're at right now, to me, I would see that as, okay.

Now this idea of this supposed trendline here.

Okay.

That would be violated with some measure.

And it means we look for a move above this high, above this high, and then maybe

even trading all the way back up to here.

Okay.

So this candles.

At 1 26 32, that could be what gets sent up for upside objective.

And maybe not even get up to the levels we're looking for here.

We're here.

It may just get the clothes in this void.

So that's what I'm looking for.

If we get some kind of a breakdown on dollar on its daily chart, if we make a

run for the sell side liquidity down here and maybe trade into this level, that

would be the catalyst I would see for.

Cable getting up here and closing it all up to this candle's love.

So I'm going to have that on my chart now.

So that way, should we see it come to fruition?

We've had it noted.

Highlight that chart for.

So that would be an upside objective and I'll have this noted, but some

descriptors in our chart index today.

But, uh, that could be the upside objective.

And again, that's 1 26 32.

So basically 1 26 30, that would be upside objective.

Dollar index on a daily breakdown and make a run for the sell side liquidity in here.

I think that would propel cable all the way up here and take us all the way up

to 1 26 30 closing in that void here.

But apart from that folks, I don't see anything else to be concerned with.

And I'm going to wish you will have a very pleasant weekend and, uh, you will

have your two session teachings for this week online by 8:00 PM tonight.

And I encourage you to go there.

And take a lot of notes and compare what you're learning this month with

what you've arrived at in terms of your understanding from January.

And I promise you, you're going to have a great deal of understanding this week

about swing trading and how the markets operate and how you frame setups.

And until then I wish you good luck and good trading.