Original subtitles

All right, come on folks.

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

uh, it won't be a long session.

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

Okay.

Cables, um, below the buys of candles, I'm here to probably run it

for these equal lows down in here.

And dollar did go above the daily high of this candle here.

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

in here about the body of this candle.

Uh, 156, I will probably see it.

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

Now non-prime payroll.

We don't trade it.

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

doing for the rest of the month.

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

Now does it?

Yeah.

This on a five minute chart looks like the world's ending

and it would be nice to see it.

Just give up this whole entire attempt.

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

looking for that'd be really nice.

And no, I don't.

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

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

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

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

No large funds.

Don't.

They don't participate in non-farm payroll.

They have positions.

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

As sometimes I have in the past.

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

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

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

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

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

uh, indication for the month.

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

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

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

Yeah.

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

I think.

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

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

Just expand and hit that level.

Just for general principles, like to be able to see that little hit for the week,

a nice move on gold from this order block here, and like to see it expand

up and hit that level right up here.

1240 stills.

That's still an objective as mentioned yesterday.

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

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

Cable still flat.

Hasn't really done much at all.

It's come off with it's low

and dollar still not convincing one way or.

Do I think Euro, do I think you're looking good at 1 0 8 70 today?

Is that what you're asking?

It's certainly.

I mean, that's where I think it may want to reach for, I like the fact

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

or this down candle rate in here.

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

So that's encouraging.

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

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

it in real quick and then start to expand.

That'd be nice.

And then obviously we would be reaching for that one week 70

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

It's always a toss up.

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

any other day of the month.

I'm pretty confident.

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

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

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

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

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

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

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

Dollar is trapped in a fractal.

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

What's this candle over here.

Bullish or bearish breaker.

Okay.

So understanding that and we're in relationship to the

institutional reference points.

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

level to do what if prices down here?

It could expand to a good, good answer.

Brandon, once it gets here, we measure.

If it has willingness to get through halfway point, also,

we have all this right now.

This down, move in here.

Surprise expanded up into the breaker.

Now is the breaker just this candle.

It's the one where you report to right.

Cause to downtown.

Back to back at the entire order block.

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

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

expand it up into the breaker.

What makes us a breaker?

Because it was short-term high back here that rally through it, took the stuffs and

then rejected them traded down through it.

So when you look at price like this, this run runoff about this.

What type of institutional swing point is this very good breaker

swing takes the stops out.

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

to this one, what would that be?

Failure.

Swing.

Good Jake.

Good job.

There's only two classifications for institutional swing points.

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

Highly unlikely.

They don't want to come back to that level later on.

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

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

basically the open and closed at the same.

So you blend those two together.

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

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

So we're stuck and it's Friday.

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

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

nothing's really tradable on non-formal.

It doesn't have any indications about swing trading.

It's completely isolated from that.

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

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

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

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

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

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

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

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

Don't worry about anything.

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

We have a turning point in here.

We have a turning point in here.

We have a turning point here and all these turning points.

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

just in a smaller form of itself.

And basically when I look at a fractal on just looking at the

turning points, it's not like it's a special pattern or anything.

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

and here, no willingness to move.

We've already closed in the void.

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

it's uncertain right now.

So does that make sense?

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

it's already created for itself?

Cause look what we have here.

We have this low.

Okay.

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

We have this low.

What was the wrestling below that low?

So what did they do here?

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

They took out some bio stats about the short-term high, but now think just

a little bit past this, to the left.

We have this whole.

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

resting above the short-term high.

So we have by stops taking out here.

We have cell stops taken out here.

So is the market balanced or imbalanced right now?

Balanced?

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

the opposite side of the marketplace.

Right now we're going into the weekend balanced.

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

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

The sellers are out and now we're neutral.

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

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

Does that make sense?

So our opportunities are always at the end of the range.

Okay.

Now let's go back for a moment.

Let's go.

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

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

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

this high here or the low under here.

Again, assuming none of this has happened yet.

Like the chart would look like.

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

buyers out with the buy stops.

So the sell side liquidity has been untapped.

It's not been traded to yet.

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

out and it starts to rally high.

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

out like it does right there.

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

You've bounced out enough.

There's no, there's no imbalance.

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

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

because both sides of the marketplace have been zapped that clear.

Does that make it clear for you?

And then you'll have this market struggled to hang around in here

now day traders scalpers and.

Yeah, not jobs.

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

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

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

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

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

Like, like we have a range high here.

It took that.

Whenever we say, oh, hi, taken out.

We number one, we look for rejection or indications that wants to continue.

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

We have a low here it right below that and rejected.

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

It's not going to reach for this high.

It's going to reach for the stop.

Worried about the short-term high.

We've already done that.

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

There's nothing right now.

It has to reach for before Friday's close.

So you simply just move to the sideline.

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

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

This swing point in this swing point has balanced out.

No near-term open.

Float is exist existing right now, except for the intraday high and intermediate.

It's formed prior to non-farm payroll.

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

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

Take a look at your opinion.

It certainly looks like it wants this buy side liquidity.

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

Now it's flat to silver.

As long as it holds this foolish or block out.

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

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

can discuss before we do the teachings.

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

One more time, please send me your satisfaction.

If you haven't done.

So I need that today by midnight.

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

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

tomorrow night on Saturday.

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

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

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

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

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

Good luck trading.