All language subtitles for 022317_l EN (F)

Welcome back folks.

Welcome back real quick, a short
little New York session with y'all.

So we have dollar index retracing
down into a level we've been

identifying from our top-down analysis.

So weekly bullish or block.

Okay.

So we also have a smaller little
one in here, but be mindful

of this entire range in here.

So I want to do that now,
while we're looking at it.

Okay.

So we have an equilibrium
price level down here.

So let's keep that noted.

That may be what it
needs to reach down into.

If it's not going to.

Keep on going lower.

So it's just a small
little, a retracement.

Before we break these equal highs.

You could see a tree down there,
this level here, and we put

a little delineation on it.

Very good.

So we're going to watch this level here.

It's inside of a weekly
bullish or block as well.

And then we have daily bullish
rejection block down here with

these bodies, these camels as well.

So, um, if we get to this level and give
some support and some bounce, if we get

back above the middle of this last off
candle, if we hit this level here and

bounced up trade through half of this up
candles range, we will make a run for it.

Levels on a dollar.

Otherwise we're going to be
reaching down to this level and

maybe even sweeping below this low.

Okay.

So that's what I'm
expecting for the dollar.

A Euro dollar.

We've had some nice
movement on the upside.

Well, yeah, here, um, 1 0 6 big
figure is next level after 1 0 5 80.

Yeah.

Lecture.

His chart was updating.

You're not looking at price.

It wasn't moving, right?

Yeah.

1 0 1 0 5 80.

If I'm not mistaken.

I think I did say one in five 80 was
potentially way to reach up into, but

don't hold me on that one that I want
to say that I did, but if I didn't,

I apologize, but I'm almost certain.

I said we might reach up into
that, but we can still see one,

six, potentially a retreated.

I, if we get above one or six, then
that makes this run on this low

and this blowout of the sell side
liquidity, much more significant.

And then we make me making a run
above this quasi railroad tracks

and reach out to this breaker.

We'd go back up to this down candle here.

Then we are now going to go higher.

So any, any return back to this down
candles low, which comes in at one oh

six, we'll call it one of our six fifty
five and we get back to one or 6 55.

It's probably going to go back to 1 0 8,
then maybe one a night, maybe a little

bit ambitious on my part, but I'm just
giving you some groundwork in case we are

in fact making a longer term low in here.

Cable.

We met our bikes, uh, liquidity
drawing out here for awhile now.

Um, it's almost hidden today.

Um, we're looking for a run
above the high of 1 25 20.

So that made me still
in the cards for today.

Again, poor, low retail,
looking for a bear.

So ideas on trend lines just can't
do that kind of stuff, folks,

and expect it to be that easy.

It's got to add some things.

We've heard market profiling.

We anticipated all this sloppiness
in here and unless you're day trading

this bad, boy don't even touch it on
top of day trading, like in scalps,

like you're in there for like a
half an hour, 40 minutes, and then.

Unless you're doing that, don't be in
this pair because it's going to hurt you.

So nothing's changed in that regard.

We will be looking for a move above 1 25
20 to take this class on liquidity out.

Now, it'll be interesting to
see if we get above that level.

If we see major expansion from
there, we will be looking for

rejection, a block on the four hour
up in here, which is not noted.

So let's do that here.

Now.

I don't know if you guys in the states,
you all know in the states, I'm sure.

Um, I've been singing silver and gold,
um, for lives all morning, watching

silver and gold, go up loving it.

Uh it's.

It is our level.

And I say that because I've only
started singing while we're doing

the presentation and I don't want
to be caught singing live am new

singer it's we're short by 1 25, 58.

So we could see it,
punch it up to 1 25, 6.

Um, if we get really, really good
expansion in through here, and it

may not happen today, I'm not saying
it's going to happen as an inter day

objective, but it could see that happen.

You by Friday's closed meeting Monday.

Um, that's assuming that we don't
go up here and reject and then

completely, completely go back down
inside the range, but it makes sense

for us to reach up into these levels.

And if it gets through a 1 25 55, 1 25
61, 25 80 is an upside on cable, uh,

below us at this, don't see anything
to support any bearishness in here.

It's just got way too much
structure underneath us.

It's tried so many times with
these wigs and look at the

wigs above the marketplace.

Okay.

Very little short stout.

Um, nothing real extreme,
except for this one here.

But many times it's tried to reach down,
reach down, reach down, reach down, reach

down, and it just cannot find selling.

But when the pressure valve is released
and the upsides permitted, it wants to go.

It wants to get out there.

And there's lots of reasons to get
above these short-term highs because

that's where everyone's chilling.

Stop-loss is going to be all
throughout these layered areas in here.

We've already destroyed the idea of the
bears trendline in this consolidation.

So now where are they
going to be looking for?

There's really nothing to frame bearish,
trendlines or any kind of, um, you won't

do business with that type of stuff.

So it's all based on what
liquidity, where the orders are.

It's going to expand to this
area, which is logical above

this high, which is logical.

This is the one I said that they would
probably target because of the trend line.

And again, just go back to your notes
when we taught false trendlines,

uh, that's the reference point where
we'd be looking for rating here.

So that's the reason why we're
looking for this high by the

candles, essentially, which comes
in at the open one, this 1 25 30.

So 1 25 30 is my personal
initial objective.

Once we get above the.

So that's what I'm looking for.

And then if we get expansion at 1 25 55
and 1 25 60 upside, and then making a run

to 1 25 8, if we really exploded on the
upside and the dollar CAD had a little

bit of market precision, if you will.

Uh, yesterday based on our levels we
did, when we did a top down analysis

video, if you have not done their
homework, and yet once the video don't

go in there and listen, because I said
this level in advance, and you want

to see it, trust me, it's still there.

It's not going to change, but a
really, really nice sensitivity

at 1 30, 2 10, right to the pit.

Can't get any better than that.

And then we have a nice retracement lower.

Now we have to watch the bodies
and these candles in here.

And this is what I was referring to.

Um, as it relates to the similarities
between dollar tad and pound dollar,

uh, they're stuck in writing.

And you gotta be really careful
about anticipating breakouts.

I don't like to anticipate a
breakout unless I know what

the longer-term trend is.

And for this pair, it just wasn't
giving it to me in clear terms.

So you have to think like a
scalper or day trader and don't

anticipate big major breakouts.

You just can't do it.

So we saw a price called by the buyers
of these candles trading up into our

one 30 to 10 level exactly to the pit.

And I'm right back inside the range.

The middle of the range is this low to
this high we're read back at equilibrium.

So again, nothing has
changed with this pair.

Our analysis has been spot on, do not try
to get in here and try to swing for the

fences in the cable or in dollar cat pair.

It's just simply trying to chop you up.

Now, this notation, I want to make
a special reference to this because

I'm not sure how to check the
form, but I saw one of our members

post a question to me through my.

Through a direct message as
a bullet point to everyone,

please do not send me anything.

Whether by tweet directly or a private
message to my free Twitter account, don't

deal don't ever do that, please, because
I might make the mistake of answering

something through that in my haste of
doing many things throughout the day.

And that was also, everything has
to go through the mentorship either

comes through the Twitter account, ICT
underscore I'm sorry, ICT underscore

mentorship, that, that Twitter handle,
you can send the links to the form that

you're asking me a question, just tweet
it to me, everyone around the world,

watching that feed the underscore.

And I see the underscore and mentorship
and everyone's responses to me.

Everyone's reading that stuff.

Okay.

So when there's a question,
they're all reading that same.

And if there's a high-five system
scenario or situation where, you know,

this level is aboard or block, and
we're calling this, and I think this,

what you're doing is you're giving all
that information out to everyone else.

So that's why I ask everyone
to do the questions or comments

or observations in the forum.

And then if you want me to have
special attention drawn to it, either

by question, or just like a high five
moment, or just give me a nod, like yeah.

You way to go, that needs to come
through a link that's directed to the

forum, but don't send that stuff to
me through my free Twitter, because

I can't wait until fall because I'm
getting rid of that free Twitter account.

And the only Twitter account I'm
going to have is this mentorship.

So that's the only way social media
people can get it, or me, if you're not

part of the mentorship, I'm just not
going to see or pay attention to you.

But please don't send me things
through my free Twitter account,

as it relates to mentorship.

But the gentleman or lady,
I'm not sure, please.

Don't be offended by that
because I don't know who you are.

Um, this, uh, the question was, is
why didn't ICT use, uh, let's go

to, let's use this one for hour.

Why didn't I use all these candles here?

Let me zoom in for you.

Why didn't I start the
order blocking here.

Okay.

Prior to this moon here, and why not
use this mitigation block down here?

And the reason why is when we were
doing the markups for dollar and

Euro dollar in the live session.

The other day, the point I was trying
to draw is, is you're not trying to

inundate your chart with every possible
thing that you can do, because if

you do that, then obviously you're
going to have too many things to make

a decision on too much information.

It's information overload.

So what we like to do is we
already see that as an old

high back here, it has a wick.

So there's a rejection block there.

That's why that's not noted because we
have an old high here and I'm referencing.

We were approaching that level.

I thought they were going to come back
into this level and sweep into it.

And we also have an old world.

Why didn't I, why didn't I
have it as an old low here?

Why didn't I do a mitigation blog?

Why don't I do this whole orbit?

Because it's already overlapping
in a very close area.

So what am I really referencing?

It prices down here prior to going
up to this level at 1 30, 2 10, all

I'm concerned about is this high.

It's not that big of a wick.

Plus if it's going to go to that WIC, it's
going to go back to this mitigation block.

I don't care about all this
because there's really no gap.

When this movement went lower.

This low, once it was broken from this
candles lower here, the last down candle.

Let me put the thing let's you can see it.

The low comes in at 1 30, 2 12.

Okay.

1 30, 2 12.

And then what's the
candles high over here.

Once every two 12.

There's an absence of.

There's no gap in there.

Okay.

This also 1 30, 2 12 with the low in this
candle that starts to bear shorter block.

The low is 1 32 19.

We're only talking about what

12, seven pips seven pips is nothing.

That's not a big enough consideration
for me in terms of a range to start

delineating distinctions between a
mitigation block, a bare shorter block,

an old high, or a projection block.

So experience spoke without me
really making any reference to it.

And for that, I probably should apologize,
but that's just what happens sometimes.

I mean, I assume because I'm doing it
that it should be obvious and sometimes

it's not effectively communicated,
but I elected so we can talk about it.

Now.

I elected only the focus
on this candle over.

Okay, the WIC is there.

Yes, we have these equal highs in here.

So if it's going to go up, it's
going to go up for this wick.

It's already going to blow
out these equal highs.

Once it starts to trade higher on
only focusing on this, because there's

an absence of any real range or gap
to take us up to this level here,

am I thinking, is this because we
allow a gray area in price action.

It doesn't have to move right to the PIP.

This, in my opinion was already acting
on this as a bare shorter block, even

though it didn't trade to it, it didn't,
that doesn't make any sense, Michael.

Sure.

It does because it's
not going to be there's.

No absolutions so, because we saw
rejection up here, something already

allow price to send it lower here already.

So if it's going to come back
up, it's only going to need to go

above the bodies of these candles
in here and more specifically

what we rounded to we round down.

So if the high was 1 30, 2.

What's the nearest zero level
or five level 1 30, 2, 10.

That's what I roll it back to the
algorithm is going to seek that level.

This two Pippin expansion above that
10 level, it's just the brokers,

uh, you know, fluff, you, they get
to build own all that little extra

movement at the, uh, inner bank level.

Okay.

We're focusing, focusing rather on
the zero levels and the five levels.

That's what pushes price around.

They're not trying to reach
for these oddball numbers.

So that was the catalyst for that.

And why didn't elect for these up
candles, creating the bare shorter block.

For instance, let's say it like this.

If this high would have been lower and
it stopped right about here, then I would

have absolutely had a level drawn, empty
bears or block and needed a reference

of a rejection block at these candles.

But hadn't never, I'm sorry, a
heavier weight attributed to the up

candles because then it would be.

Idea that would draw would would've
drove price down here, but because

there's an absence of any kind of real
movement from this low and here basically

we've already hit this level once.

That's what I'm saying.

Okay.

So if we're going to go up there,
rolling on golf there to clear these

bodies and get to a, uh, around
level above a big figure, 1 32.

And that's why I drew that level.

And that's why it
responded as you say here.

Okay.

So I hope that's made some sense
as to why I didn't do that.

And it was a really good question, but
in my shortcomings as a teacher, I just

didn't, I didn't feel the need to have to
draw any kind of special attention that

cause I thought it would be obvious, but
please don't be offended if I assumed too

much by thinking that it should have been
obvious, but hopefully this has been a

better example of explaining why I elected
to not use this as a bearish or block

and not mention the mitigation block here
at all, because this high had already

responded to the load it was seen here.

Okay.

All right.

So we're back in the middle
of range for a dollar CAD.

So that's pretty much it.

We're going to have to wait and
see what we get from this point

on, um, where we at Aussie dollar.

This thing is flirting with our
77 45 objective 77 50 level.

I'd like to see that hit, still can do it.

We've got time in a day.

Could see expansion up
there in, in, in tag it.

Um, I told you guys to
watch this pair last night.

Um, we would probably see it expand
is doing it, but I'm going to be

really heartbroken if it doesn't
give it to me today, it has every

reason to just expand up there and
hit that level, meet you be done,

right?

Here's what we're looking for.

Run above these candles bodies.

The highest of the two is to close
on this candle, which is 77 45.

So we look for 77, 45 to 77
50 boom in the trade is over.

We'll move to the sidelines and wait
and see what happens from there.

Could see some, uh, Good.

Some could see some rather significant
retracement after that levels hit.

Uh, if we expand through, obviously we
will look for the high on this candle at

77 78, which would push us right into 77
80, if it wants to get above the highs.

There's only two pips above that.

So there's are two levels that we're
watching for all the dollar, a Euro

pound now, because both cable and you're
moving in sync, we're going to have

some consolidation in here, came at
closing our range and moved off that app.

I'm almost certain, I said 80, and I'm not
checking the questions and I hate to make

a big deal about nothing, but for whatever
reason, I'm, I want to believe that I said

84 80, but if I didn't, it is what it is.

Gold is the other one.

That's.

Messing around with me this morning.

I want to see 1250 hit a really,
really, it was a break there.

Almost hit it, but we are
buy-side liquidity pool.

We identify we're waiting
for that was our objective.

Initially, after this run down to this
level, we call 1 12, 17, 15, 12, 18 level.

Really nice run, really hard to get, uh,
uh, disappointed in something like this.

I mean, for a metal, this is a
nice little move and for basically

a hundred dollars for every full
point or $10 for every little PIP.

If you want to look at it like that,
uh, and significant price movement,

I mean, you're looking at like $3,000
for every one that you're holding.

So that's not a battle,
payday, silver, no words.

We're waiting for it to get to 1250
in case that wasn't obvious what I was

referring to because we already hit our.

First objective here, the buy-side
liquidity pool equal highs price

has been drawn right to it real
quick, quickly, right in here.

Now notice also that we
had a big loop up on gold.

What was the commentary?

I said this week, as it relates
to gold and silver gold was

being held in consolidation
while the dollar was rallying.

That is a million dollar maker for you.

Okay.

Because if you're looking for
intermarket analysis to support an

idea, again, it's not that markets
have to move in perfect symmetry if

there's a breaking correlation, because
everybody says there's no such thing

as correlation, it doesn't work.

It's not consistent.

No, it's absolutely consistent.

These need to know what you're looking at.

So the people that are outside of
our mentorship, they think they

know what they're looking at.

In the pre tutorials.

There is a linkage between when the dollar
is going higher, gold should be going

lower when the dollar is going higher.

I'm hearing you say it
again twice dollar up.

Dollar down gold up and why I feel
dyslexic all of a sudden, it's

basically obvious it's opposite
of this, but that way I'm having

a senior moment this morning.

I'm actually very giddy.

I, um, I had a really good session
with my son before the live session.

We were explained some things
and he had, um, an epiphany.

Let's put it that way.

So I'm really excited as a dad.

I'm also excited as a, as a
teacher, um, that he saw that you

don't need much to do very well.

So, and it's probably sounding rather
odd because who I am and him being

my son, he shouldn't have that,
that, that, that type of epiphany

this late in the game, but he did.

So I'm kind of excited about that
and getting, but if there is a link

between gold going up while the dollar
goes down and the dollar goes higher

and gold going lower, if that is the
true symmetry in the market, Okay.

That's occurring normally in
a normalized market condition.

That's symmetrical.

That's what we would reasonably expect.

But if we see dollar strength, as
we saw initially, uh, after Monday's

holiday, thank holiday on Tuesday,
we saw the dollar rally and I

made mentioned that we did not see
any significant selling in gold.

So if they're holding gold and
consolidation, the observation

was okay, now we're going to wait.

And if we get a retracement or
lower prices and goal, I'm sorry,

dollar, that's going to be like
rocket fuel for gold to go higher.

I think about that.

If you're looking for moves to have
explosive tendencies, to be moving

directionally one sided, we already
knew that this is like a powder cake.

It was waiting.

It wasn't, wasn't going
lower when Val was going on.

So it's showing you what
relative strength, not relative

strength, index, not indicators.

It's showing you that it cannot
the lower it resists it, it doesn't

care what the dollar is doing.

So that means what the rally
in the dollar is suspect.

Otherwise gold should be bending the knee.

It's not, they can't hide this stuff from
you folks that can't, it's impossible.

It's not going to stop working.

There's no reason to worry about
me doing this mentorship and 800.

Are you going out and sharing it with
everybody else in the world again?

And suddenly everybody's going
to say, Hey, look, this guy in

Baltimore, data's information out.

Now it's going to stop working
because we have to change the thing.

No, because they're buying a
lot or they're selling a lot.

And to manipulate certain
things, they have to hold

other markets in consolidation.

That's manipulation.

That's the heart of it.

And the other crack in the correlation is
this when they are in sympathy, I'm sorry.

And synchronicity and there's symmetry.

When the dynamics are high, there
should be a lower, low in gold.

If it's not there, that's
a crack and correlation.

You get smart money insight by doing
that same thing that we do with dollar

index against it, uh, currencies
like Euro dollar and pound dollar.

These ideas slowly over time.

When you start looking for things as
a trade idea, when you see them, they

confirm or negate the probability.

So you trade, painting out
big, huge move in gold today.

Big, huge move.

I'm sure if you go on the
internet and scout, oh, gold, big

move and go, blah, blah, blah.

We talked about it beforehand.

We explained why it was going to go to
the levels that we're seeing it reach for.

We talked about where the stops are here.

There's people trying
to sell gold or gold.

It's a sucker rally.

It's this it's that well, is
it because it couldn't go down.

We had a reaction exactly where we thought
it was going to trade to 12, 17, 12, 18,

essentially by the 1220, where's it going?

We're reaching for 1245 to 1250.

Maybe even spread up to
1255 as an objective.

Boom.

You're seeing it unfold today
to stripped as it should.

And it was based on intermarket analysis,
the things that we taught you in last

month's teaching right here, true to form.

And your charts lie before
the fact and unfolding silver,

this dirty dog.

I have been dancing around the
house all morning, waiting for this

thing to hit this stupid 1820 level,
because I was telling my wife, I

said, this thing's going to hit 1820.

And she was looking at like, here
she's like, how do you know that?

Now mind you I've been married
to this woman for a while.

And all she hears me talk about is.

Well, the markets, you know, anything else
is the kids, but my mind gravitates to

this stuff all the time, because she'll
ask me what's what are you thinking?

Well, obviously, you know what I'm
thinking, I'm to CT, I'm thinking

about Euro copper and bonds.

I'm thinking about the markets.

So even if we're out in the back, we're
having meals, or if we're watching

a children's event, like a stock,
like my son, he's at soccer a lot.

And if I'm here and I go into a days,
my son's at one end of the court and

I'm staring in the middle of the field.

She's like, what do you think about?

And I, you know, I don't want to
admit to it right then and there,

but I'm thinking about when is when's
this market going to hit this level?

Well, I kept jawboning 1820, you
know, yesterday evening when she

came in the house, I was like, look,
um, I want this level to be hit.

And because she asked me, what am I
think I said, I want 1820 to be hit.

It's frustrating.

Now I want to get hit.

And I said, it should hit it.

It should hit it.

And I.

Sometimes get really hung up on a level
like this, especially when I'm really

passionate about it, seeing it unfold
and to see, go here this morning,

multiple times, going right to 1819,
and just stopping short it's it's

maddening for me because I'm a I'm OCD.

Obviously you guys knew that and if you
don't know it, you certainly know it now,

but the, uh, the level, you know, to me,
that drives me insane you to 1819, just

hit the 20 level and be done with it.

Okay.

Let me go into the weekend.

Happy.

Okay.

I'm not long in silver, so it's not
like I'm trying to say I made money.

I just need this to unfold.

So I struggle with this as a person with
OCD, once I know a level should make, it

makes sense where it's to hit that level.

It needs to go there in my opinion.

Okay.

But if it goes to 19 and we
retrace off this and never go

there, that will drive me nuts.

I'm willing to drive.

I'll drive myself insane
all weekend with this.

So the struggle is real folks.

I mean, it's not like you, you folks
are just are the only ones that have

these psychological barriers sometimes.

And I don't even have a trade on and
I just need this level of be hit.

I need it too.

Otherwise, I'm going to be,
it's basically, I'm frustrated.

I just need to be hit basically the, uh,
but it's nice to see this metal reacting

and doing the same thing we were expected
to do in gold is happening also in solar.

So we're seeing explosive moves
in the metals because of our

analysis being spot on with the
movement, lower on the dollar index.

If we see that that's going to allow
the upside expansion to be big.

Now, this is also gonna be talked
about in lesson seven, but think

about what's going on here.

We have the market in very, very
small ranges now for somebody to do,

aren't aware of how I look at markets
in terms of a range contraction.

This may not look like small ranges.

Because you're looking at the Wix, look
at these candles and imagine all the

highs and the lows and remove them,
just look at the open and the closes.

Think about that.

All of a sudden, now those
ranges get really, really small.

That is a powder cake.

In other words, it's just a
time bomb waiting to explode.

Now it doesn't give you
a direction on premise.

It doesn't give you a bias.

Okay.

See, at taunting me folks.

See it.

It's this taunting he'd gone to 1819.

Oh, it's driving me nuts.

Just get the hell up
here and hit it already.

But you have no idea.

I have been dancing around the
house wanting this stupid level to

be hit so I can go on the weekend
with a smile, but long and short

of it is when we look at price.

Okay.

You want to be judging the bonds of
the candles from the open, the close.

Okay.

We don't pay as much attention to
the Wix unless we're looking at work.

Okay.

So yes, the only time we really care about
the, uh, the opens and, uh, I'm sorry, the

highs and the lows, but the bodies of the
candles, that's the real meat of the move.

Okay.

That's the bulk of the volume.

So what's happening is, is they kept
price consolidated around the $18 mark.

So if we disregard all the highs
and the lows and just focus on these

little bodies, little body here, it's
a small little body right in here.

This is a little bit larger
body, but then look at overall,

there's relatively small ranges.

They get smaller and smaller and smaller.

And then finally with the movement
of the dollar moving lower, that

releases the pressure valve on silver.

Now it can move higher, but
is it going to creep higher?

Is it going to just fizzle on up slowly?

No, it's going to be able
to release aggressively.

There's going to be dynamic price action.

That large displays.

It's going to be seen in a
form of a big range like this.

When we start talking about day
trades and short-term trades,

next month, specifically, next
month is short term trading.

One shot, one, kill that type of thing
that we'll be leaning on these concepts.

A lot that we're talking about
in lesson seven of this month's

content, but as a preview, this is
one of the things that we look at.

We look at the binds of the candles
and we don't look at the wicks.

The wicks are not, that's not the mystery.

Okay.

The mystery is isn't okay.

Looking inside from the open to
close, that's the real value of price.

Action.

What have we done since the opening?

I don't care what the range high
extreme is and what the low extreme is.

I don't care about that because I teach
that that's where all the manipulation

is and that's the seeking of liquidity.

The bulk of the volume is going to
be seen at the open and the close.

That's it.

If you go back and look at your price
action, and look at any timeframe, I

don't care if you look at it monthly,
if you look at weekly daily, one

minute chart, I don't care regardless.

We just hit it.

Yay.

All right.

You have no idea, man.

It's time for a cigarette
and I don't even smoke.

I'm telling you that to me is a release.

I'm okay.

Now I could go into the weekend.

Happy I'm can't wait to see my wife.

When she comes back home,
I'm going to be happy.

And she got in there right away.

She went there, did it, whatever
that's her response, everything

else, like whatever, but anyway,
1820 it's in the books now.

Just want to make sure I see it in 1820.

It's done.

So we hit our level on silver real quick.

While we're looking at that.

What did gold to go up anymore?

Almost getting our almost at 1250.

I really want to see 1250 now, but
I'm not that crazy about this level.

I'm okay.

Because this one's already
hit my objective for the week.

So anyway, finishing the
discussion about the ranges.

Universal approach to looking
at a range contraction.

It doesn't matter what timeframe you
look at and thoroughly good exercise.

You can actually go through it and
you know, a lunch break at work and

just go through your smartphone,
just pull up any kind of marketing.

You can do it on a stock.

You'd be doing bonds,
currencies, commodities.

It doesn't make a difference.

Um, but when you start seeing markets
go and consolidation, and if you

see these types of things like this,
these wicks above and below, there's

a lot of wicks in here disregard that.

Okay.

Don't even pay attention to the highs and
lows focus on the bodies of the candles.

Okay.

Or if you're looking at, um, open
high, low, and close bars, which,

you know, to me, I like them.

I use candlesticks for teaching,
but I look at Google high, low,

close, all my personal charts.

I'm just used to seeing it that way.

I like it that way.

But for teaching it, this makes it
easier to draw special attention.

It's easier for recordings too.

But if you go through all the timeframes
and you break down right before the big.

Okay.

When we're in, there's a big expansion in
the ranges, the ranges between the open

and the close get really, really small.

Now I learned this concept.

They ugly from Larry Williams, big ranges,
you got large ranges and large ranges.

You've got small ranges.

So in other words, when you start
seeing a range bound market that

gets smaller and smaller, smaller,
and they get really small in terms

of how much movement they have.

He talks about the high in the world.

Larry Williams.

That's how I learned it in my observations
is forget the high and the low.

Okay.

If it's Wix, if there's a lot of
WIC or movement between the open

and the close, if it's an up candle.

Okay.

I don't care if it's got a wick below
the opening or a WIC above the clothes.

I don't care about that.

I want to see what that.

Range was between it's
open and it's closed.

That's what I'm looking for when
I'm looking for about toady filter.

So when we look for indications
that the market's really poised

to explode and go higher.

So what we look for is the body
of the candle, not the Wix.

Okay.

And if these bodies start to
shrink up, it gets smaller.

What you can actually end up doing is you
anticipate when these big moves occur.

Now, thinking about this, I'm going to
give you a little preview to lesson seven.

If you think that a swing trade is
coming to fruition, okay, you think

a move is about to take place and you
think the buying opportunities is upon

you and you break the by the marketplace
or whatever the marketplace may be.

You're ready to buy it.

If you have the setup forming, and
you think it's a, uh, at a PD rate at

this in a discount, say you're buying
a bullshitter block for instance.

Okay.

If you buy the order book, You
can't anticipate the expansion

and the explosiveness in
price, moving higher for you.

If you are seeing that small contraction
in the ranges, in the tire, in a

timeframe right above the entry
technique or a timeframe you're using,

for instance, I'll give an example if
you're timing your bike on a four hour.

Okay.

And on your daily chart, the
ranges have gotten smaller.

If that occurs now, we're again,
we're not referring to the high and

the low we're referring to the bodies
between the open and the close.

That's all we care about.

If that range starts consolidating,
you can get smaller on your timeframe

as it gets to that level of a buying
opportunity, or if it hits a level and

it could have happened on a big range.

Okay.

It could have dropped down
on the hard timeframe daily.

Then it hits that level.

Then it consolidates for.

Okay.

And all of a sudden you build
that idea that it's probably

going to be a swing low forming.

It's going to go higher, a
swing trade on a buy-side.

Maybe for me, if that daily chart
creates a small range, even though that

may have a higher WIC or lower wit in
terms of, um, the daily chart at that

body gets small, and then you buy it
at that lower timeframe for hour, you

can anticipate this type of event here.

What it's doing is it's getting it's,
it's winding up really, really small.

We also know that if it's a high level
sensitivity, um, price level, like if it's

really a good bullish or block, excuse
me, or if it's, um, a really obvious level

where everyone should be buying on a hard
timeframe or with a monthly or a weekly

level, if it's a discount level, like.

They don't stay at that price level one.

Now it may return back to an earlier
time to recapitalize the new, new buys

and more buying because of the long-term
objective of building in an equity base

that has a larger buying average in price.

There was weekly and monthly.

It was Kenny retreat retreated too,
but the initial time it hits it, it

doesn't stay there long because there's
a massive dog piling of orders that

gets filled where he personally gets it.

And that's what we see
that first initial impulse.

Like that's why we had that first pop.

And that's why it's important to
see that initial displacement.

And when it happens, if we see it, come
back down to that level again, and then

on our hard timeframe live with the daily.

If the ranges get smaller
again, between the open and the

close, it's like a time bomb.

It's us getting ready to go off again.

And then all of a sudden when you buy
it, you'll have immediate response.

You won't get in here and do
something like this, where

you buy the weights around.

You won't see that occur.

You'll see when you buy it, it's
almost immediately in for day trading.

When you start seeing these things
applied for that and stopping,

we get immediate feedback.

If we're right, when you knew right away,
if we're wrong, we'll know right away.

And when we start trading every
single day, because the day trading

scalping, you're going to see
I'm going to get in some trades.

As soon as I get in.

If I don't see what I'll need
to say, I'm collapsing them.

And it may be for small loss,
or it may be for breakeven, or

it may be a minor one pit win.

And you're probably scratching your head.

Like, wait a minute,
you're up two pips wide.

You get out there.

And all of a sudden the
trade off it'll fail.

And then I'll have examples to show you
why I did this and why I didn't do that.

But we use volatility filters
like this to build in number

one, anticipatory price skills.

So we can anticipate when price
is going to be moving big.

When there's going to be a
big explosive price move.

Everybody wants to know.

Every, if we pulled up a universe
of, I don't care who they are,

it could be any asset class.

You ask them what it
is and take it be told.

What is the number one thing
you would love to learn?

If you could be consistent
about what would it be?

It wouldn't be when's the buy.

That's what retail things, anybody
that's been trading for a long time.

They don't, they don't need to
know when is the right time to buy

or when's the right time to sell.

They've had issues where
they'd done that before.

Otherwise they would've never done it.

Wouldn't have continued to check,
not try to trade they've made

either by pure luck or something
along their understanding lined up.

And they had a favorable
outcome, a trade somehow.

In some form was profitable for them,
whether it be practice paper or live,

they've seen it work once and all it
takes is the bug to bite you one time.

And you never, ever, ever getting
away from trading, you know,

it's something you want to do.

And so therefore, now you've been
bitten and you're in here, your

muscles learn how to do it, right.

But if you ask every single one of us,
if we were all collectively pulled,

the question would be, what would
you, if you could wish for one thing

to be taught to you and you could be
consistent with what would that be?

I guarantee you, it wouldn't be teaching
how to time the market for a buyer sell.

That's not what they would say.

They would say.

I wish I could pick the markets
that we're going to move.

'cause that's what traders need.

We need volatility.

We need movement.

So if we already, we already have
tools that tells us when the.

You know, if the retail world new hail
to really see what smart money's doing,

their indicators would work for them,
but they don't do anything to get those

indicators, to get them in alignment.

The indicator works when it's the
highest probable entry, and then

it never gives you another ideal
entry after that, if folks that were

learning retail things like I did,
I reverse engineered everything.

I looked at it and said,
okay, I need money a lot.

In nine months when I first
started, it was just like,

boom, boom, boom, everything.

I was buying made money.

When it became a bear market,
I couldn't do anything.

Right.

And then when it started to go bullshit
again, I still don't know anything.

Right.

Because I was all screwed
up to the lost money.

I didn't know what the hell I
was doing long short of it is.

I said, okay, if I can be
this consistently wrong,

somebody consistently, right.

This many times it has
to be, I mean, just.

Common sense tells you if I can
be wrong as many times initially.

Okay.

I was right for nine months, like almost
gangbusters every single week I was

making money, but that was all pure luck.

And I could tell you in maturity,
that's all it was, you know, the story.

But when it was really, really
trying, even when the market started

going bullish, it wasn't right.

I was looking at stupid things because
I was allowing all other things outside

of what I should have been focusing
on to influence my ideas in greed.

And I was fearful of, well, maybe
I might go into a tailspin again.

And then if I did take a loss and I
got mad and I went back in with revenge

and tried to go one more time, I'm
going to risk 10% of my account now

because I can't go home with a 3% loss.

Well, that was stupid.

When I started applying rules that
forced me to focus on markets that have

the highest probability of movement.

It needs to move.

Even Larry Williams.

If you look at his stuff, it's almost
like he's left at, like, he doesn't

even pay attention to that anymore.

He's gotten so caught up in the teaching
new gimmicks all the time he's left.

This is purest stuff, which is in his
book, how I made a million dollars

trading commodities last year.

To me, that one, that's it.

That's all you need.

If you read that book, that's it
don't pay anything else in terms

of, uh, what he teaches and I'm not
trying to be disrespectful at all.

I certainly love what he's
done for me as a trader.

He started me on the right path, but
I'm so glad that I really challenged

the things that I started seeing him do.

And I said, you know what?

I'm not going that direction with him.

I'm going to stay to what works.

And I could see how the community at
large would just be frothing at the mouth.

And it's kind of like the same thing.

I mean, look at the folks
that are in a freestyle.

They can't wait for me
to put another video.

Yeah, I could talk about
something in hindsight and it

through, you know, pop Thompson
ticker-tape parade stuff in a year.

It'd be crazy and it's not helping
them, but they're all caught

up in the frenzy of, they feel
like they're connected in SLF.

I was a fan boy with Larry Williams still.

And finally, when I'm insured and said,
you know, what is this making me money?

And I'm learning how to do anything
better with this new tool or not.

So what is it that I'm lacking?

So I cut myself off.

I didn't open up any more of my
books, 2,600 books that there either

my electronic or on my bookshelf,
I didn't touch any more of them.

And I went right back into my journal and
I said, okay, what were the things that

I was bitching about most in my losing
trades or my missed opportunity trades?

I didn't see this big move coming
well, there's an opportunity there.

So if I can't see that coming, how can I.

So I went back to what I knew.

Larry Williams said small ranges are
the beginning point of a big move.

Okay.

That's obvious.

Everyone knows that and you
can put it on the forum.

Like I did maybe pet, oh, it's obvious.

Well, no one talks about it.

And certainly if you look at their
trades, they certainly aren't using it.

They're buying it after had
two days up big, big ranges.

Now they'll buy it because
they have confirmation.

No, no, no, no.

So what I did was I said, okay, I'm
going to go on the charts and say, if

I think the market's gonna go higher.

Okay.

That's all I'm going to limit it to.

I think it's going to go higher.

There's there's the test, the stage.

Okay.

I want to be a buyer of that market just
because I want to be a buyer doesn't

mean the market's going to go higher.

It's not going to bend it will.

I mean, the vendors need to my will.

I got to get in sync with
it as a, as a market.

So when I went back and looked at all my
losing trades or missed opportunities,

one of the classic telltale hallmark
signs was that range contraction.

And I disregard the Wix
and I focused on the bar.

Now, I don't know if Larry says the,
do you the high and the low, because he

doesn't want to draw everyone's attention
to the same thing, because whether he

wants to him, him, he does have a little
bit of a conspiracy conspiracy mindset.

Cause if you look at his older stuff,
it's like, I don't really want to teach

everything and I'm not, I don't want
to do, I'll give you just enough where

you'll make some money, but you're
not going to get everything from me.

Well, eventually he ran out
east and he had to come up with

new content gimmicks and stuff.

And now it's all indicators.

This indicator that, and it's
really twisted the data enough.

It's going to submit to anything and it,
to me it's open high, low, and close.

That's it.

And if you disregard where the
money manipulation is, it's

always at the extreme and the
WIC it's reaching for stops.

That's all that WIC is.

It's reached for a level
of liquidity in six.

It couldn't sustain that level anymore.

It retraces back and enclosed is going
to be either higher or lower in relative

terms to that expansion on that candle.

So the bulk of the move is that between
the open and the close, and I could

care less about the high and the low
when it comes to a volatility filters.

So as a homework in closing, I want
you to go through your charts and I

don't care which asset class you use.

In fact, it's like, let's make this
as a, a, a, a facet of this homework

assignment this weekend, uh, before, you
know, it's just anytime before Monday.

Okay.

I'll, I'll go through my own
and I'll pick out a stock.

I'm going to pick out a commodity.

I'm going to pick out a, uh, four X pair.

Okay.

So there's three things.

We're looking at a stock, we're
looking at a commodity and

we're looking at four X payer.

Okay.

And I'm going to pick out a
timeframe that shows this.

And how it was effective.

And I'm just going to find one and I'm
not going to go looking for something.

Perfect.

I'm going to just go to the chart
and it's obvious and you'll see it.

Same thing I want, you all have
one of each asset class, one

commodity where you see it happen.

One stock in one FX pair.

And we'll talk about
that on Monday session.

Um, and you'll see, you'll probably go
through your charts and did you find

one, invariably, you're going to go
then you you're gonna look around for

more of them and once you see it, it's
almost like, wow, that's what, yeah.

That's what everybody needs to know.

They need to know when's the market
going to pop either go higher explosively

or drop exposure, explosively lower.

Okay.

It doesn't matter to me which direction,
because I already got tools to tell

me what side of the marketplace I'm
looking for, but I can be bullish

on the market forever dollar.

I'm still thinking it's going to 1 0 5.

We have all kinds of training
we have to do between that.

And it may never get there.

But if I am bullish and I have
all these things line up in the

volatility, start squeezing tight, man.

That's like a loaded gun
it's ready to go off.

And when you see that in the charts
and your studies, okay, you believe

me, it will make a lot of sense.

The why these big moves happen.

And you probably, you know, when we
asked you by show of hands, okay.

In the room with a number one, how
many times have you been caught off

guard with a real explosive move?

Can you thought yourself,
where did this come from?

How did this happen?

If you can remember that last time that
happened, what would that pair was?

Or wherever that market was, go
back and look at it with this idea.

And you'll see it.

It's there now.

I knew somebody was going to
say, okay, well, that's great.

That's hindsight my uncle.

And it's, you know, here we are,
again, you're doing hindsight stuff.

No, it's the hindsight.

It's how you figure out how the
market's going to be moving.

And supposedly you already had the tools
that lead you to whether the market

should be bullish or bearish as a whole.

Now we're applying volatility.

Filters tells us when the
market should explosively move.

Now if we have an a
checklist format, okay.

First thing we did, we sit down
in front of our chart and this is

obviously an over-simplification,
but if we sit down, if we sit down

in front of the charts and say, okay,
gun to my head, what am I doing today?

Well, you have to figure out,
is this a market to be traded?

In other words, are we caught
in a range or are we trending?

We start with a hard timeframe and
we break it down from that, anything

that's in a range down, we can't
touch that market unless we're day

trading or scalping, we can't touch it.

So if the market's moving freely in.

Or left the range rather it's
trending higher or lower.

We don't care.

We know that that's a favorable
market to be trading it because

there's some displacement there's
funds being poured into that.

Otherwise it would be
stuck in a range too.

So we're from our primary focus
is we're looking for markets

that are already on the move.

Once we have that, we know that
that market is either moving

higher or lower right away.

We know that market is either
a buy market or sell market.

It's done at market.

If we weren't done on
homework, it's over now.

If we are bullish, relative that
market, we go in and we start

looking for discount PD PDRs.

We look in the last 60 days,
we'd look in the last 40 days.

And we look in the last 20 days,
where are all the discount PD

erasing that in the last 20 days.

Okay.

Anything in the last 20 days,
is there still anything active?

Is there a bullshitter bought
that hasn't been traded to?

Cause that's probably
where it's going to go to.

If it's already done everything
in the last 20 days that

would meet termed bullish.

It's already went below an old low it's
already traded down to a bull or block.

It's already filled in
a gap, the low price.

Okay.

Then you have to look back to the
40 day range, whatever that is.

Okay.

It's probably going to
want to drop down to that.

If it doesn't you wait
for price to go higher up.

Once it makes that new
displacement impulse lake.

Now you have a new reference point and
wait for it to pull back into a new future

20 day or 40 day or 60 day task forward.

Okay.

A new discount PDA ring that
hasn't been traded to yet.

That's the one you buy.

When the volatility filter shrinks up.

When the range get small, then
you have what tire timeframe

telling you the market's bullish.

It's on the move.

Funds are pouring into it.

You're waiting for price to get
down to a discount PD array.

If it doesn't you wait for it to trade.

What is that telling you?

New buying is taking place.

Okay, great.

Wait, don't rush.

You wait, prices, pull back,
come back into a fair value gap,

avoid false or block or trade
below in the low you buy it.

When about Tilly filters shrinks up,
you know, you have a tenant it's going

to blow up and you already knew the
direction based on the hard timeframe.

You know that the market's
pre predisposed to go higher.

You're looking for everything
in that checklist idea.

It's just that simple.

Now what makes it hard?

You're not going to want to wait.

You're going to force something
in the chart that isn't there yet.

You're going to see the
candle on a daily chart.

It's lower than the close, but
it's nine o'clock in the morning

that candle hasn't closed yet.

You're already trying to
get in before the fact.

Well, if I buy it now, this is
where the stock would have been.

If this is the down candle and you're
going to mess it up, you have to have.

You have to have rules.

And if you start breaking them for,
if you add things and applying other

disciplines to what I'm going to
teach in, you don't complain to me.

If you're not getting the results,
I'm telling you, you going to get,

you're going to have a timeline that
you work with a checklist, the exact

things you're supposed to do, what
you're not supposed to be doing.

And you do this step by step by step.

And it tells you when to do
what you should be doing and

what to be looking for next.

You're not caught off guard.

You're not surprised you're not worrying
about anything and there's no need

to be impatient because you should.

The patience comes from people
not knowing what they should

be doing right now or next.

Think about, is that not true?

Impatience.

If you break it down into truest
form, you are impatient and you

feel impatient because you aren't
comfortable with what may happen.

If you don't feel confident it or be able
to anticipate what is the most likely

outcome and the next movement in price, or
what is it most likely going to do next?

If you don't understand that next
step, that's where impatience comes.

Because what happens is, is you see the
market move and explosive right now.

Everybody wants to buy silver right now.

Everybody wants to buy silver.

Why?

Why would everybody right now on
baby pips, want to buy silver?

It's moved, it's already moved,
but it's already moved to a level.

We, we wanted it to get to this level.

Now everybody else is going to war by it.

It's moved to a level.

We call from 16, it's moved
$10,000, $10,000 for every one.

Lot that you held on this it's 10,000.

Everybody else wants to buy it.

Now nobody expected it to go up.

Nobody thought it was gonna pop up.

I'm sure.

We've probably seen all kinds
of Fibonacci stuff in here.

All kinds of supposedly head and
shoulders, you know, all kinds

of crap in here that they kind
of justify why it was going to go

lower before they would see it.

They'll hire.

There's no reason for you
to feel impatience at all.

Now you should be excited about the
things you're gonna be learning, but

impatience is not permitted here.

If you're in this group and you're
hearing my voice, you shouldn't be

impatient because you're learning
what it is that you should be doing,

what it is you should be focusing on.

And the folks that are, I just need
to know right now, and this doesn't

feel like it's it's jelling with me.

I don't know what it is.

I need to draw something together.

That's the whole mentorship.

That's the whole time.

Until we get the last day of September,
that's it you'll have all those answers

done, but it's a process of going
through all these things, everything,

every time you think you guys get it.

Oh, I got it.

Now I got clarity.

And all of a sudden, I give you one
more piece of the puzzle and then

it's like, well, wait a minute.

I thought I had it.

And it unraveled.

You want to know why?

Because you're trying to get to the
end of the book without reading it.

There's a lot of chapters still
that hasn't been covered yet when

you know all the storyline and you
knew all the characters and the

plot, then you'll know exactly what
that next chapter is going to be.

Like, then you'll know you can, then
you can do a synopsis and say, Hey look,

you know, I know now what the whole
storyline is about the marketplace.

I know how I can go.

And when you talk about a specific
point in a, in a book that.

You can you know about where in
that storyline that you can go to

that same time and say, Hey, look,
read this portion of this story.

You tell me if you don't get
that same feeling about it

because you've experienced it.

You know what the next chapter is going to
talk about, and you can anticipate their

response to that book and that segment
of the book, because you've done it.

I have done it.

I've read this book.

It's been worn out.

I know it like the back of my hand.

You're now just sitting down for
the first time and the characters

are being introduced to you.

Sometimes the character
buildup is long and drawn out.

Sometimes it's dry.

Some of them aren't that interesting, but
they all have their part in the story.

And if you don't at least
pay attention to them, you're

going to miss the whole thing.

And it's going to go where you're tired.

You can't get the answers
by going backwards.

You can't get the last chapter.

Trust me.

That's why I said, when you get the
PDFs in August, you're going to see it.

Doesn't help you, unless you go
through the entire meant ship.

It means absolutely nothing.

And I could literally put them on the
internet and it won't mean anything

to anyone that hasn't gone through.

The mentorship.

It's simple as that.

So anyway, um, I'm very, very pleased.

Now I can tell my wife nananana, the,
uh, silver, uh, did in fact get my level.

So I'm thankful for that.

Um, we still be looking for
1250 for gold and 1255, and

that's still could happen today.

I like to see it hit it today, but
nonetheless, if it doesn't, we've

already seen our objective here, man.

I appreciate your patience today.

I've been like a kid on Christmas morning.

I get excited about this stuff.

And being 20 years into it.

And I'm really a cause my son
saw something that, you know,

I've been trying to be in his
head for a couple of years now.

So I'm going to close this one here now
and we should all wear good afternoon.

We went a little bit long-winded
but it is what it is.

I got to be cared for you fancy today.

So, well, I appreciate that last bit of
business school over one more pass through

lb hit our 25 20 rebel to the PIP.

Still might see some expansion
through that and you're a dollar

it's still nice and firm on
that one in nothing else.

I can need nothing else
I need to talk about.

And here one more quick look at Aussie.

Wow.

Look at that.

So, so close.

Hi comes just one PIP short.

Now here's w this is
what's going to happen.

Okay.

We have 77 45.

That's the level we're reaching for.

Okay.

I would not be surprised if it doesn't
go higher and just stops right here.

Now, anyone else, anybody else that
would be looking over our shoulders

and not really interested in
learning what we're teaching here.

They would see that as if
it never gets to that 77 45.

It's a failure.

You were wrong.

And that's how I used to look at it
when I was developing as a trader.

But tell me how many people would
have expected this pair to react

overnight last night and then reach
for this level and just be short

by one PIP outside of our group.

Probably not that many, but we have a lot
of things in cemetery together because

gold has been from it's been held it.

Wouldn't go down all the dollars.

Very closely linked to gold.

And it wasn't trying to go down either
when the dollar index was rallying.

So we're seeing relative strength in what
quality dollar in gold and in silver.

So when the dollar bent its
knee and started going lower,

it's not surprising to us.

What we anticipate is
saying to the very evening.

I told you last night,
watch all the dollar.

I sent it in a tweet.

I didn't go into the video and say,
Hey, look, you know, watch all $3 boom.

Here we are.

We're one PIP short of the 77 45 level.

And if it doesn't get to 77 45, I'll
let you argue and wrestle with whether

or not that's a failure or not.

But look at the ratings
that was offered today.

Look at the directional bias.

Look at the explosiveness
that it reached for it.

All those things were, were arrived
at, by using the volatility filter.

We're talking about.

And because it's happening in dollar,
we have that release now on these pairs

that we're not permitted to go lower.

Now they can go higher explosively.

And that's what we're
seeing in our charts today.

All right, guys, that's the business.

So, uh, I'm going to close.

It wish you all very pleasant
afternoon, uh, tomorrow morning, um,

there will not be a live session,
but there will be a prerecorded

teaching and it's going to be blessed.

It's going to be basically a blending.

I'm going to have a teaching and then
the weekly recap at the end of that.

Okay.

So I'm going to teach you something
in the video at two 30 it'll

post, and then there'll be a
small, weekly recap at the end.

Okay.

So it'll just be one video for tomorrow.

And until then, I wish you good luck.