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1
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All right, come on folks.
2
00:00:00,840 --> 00:00:05,370
We're gonna be looking at the
non-farm payroll, just observing,
3
00:00:05,400 --> 00:00:06,570
uh, it won't be a long session.
4
00:00:06,570 --> 00:00:08,580
I'm going to only be here
for about 15 minutes or so.
5
00:00:09,060 --> 00:00:09,300
Okay.
6
00:00:09,300 --> 00:00:13,530
Cables, um, below the buys of
candles, I'm here to probably run it
7
00:00:13,530 --> 00:00:16,590
for these equal lows down in here.
8
00:00:17,130 --> 00:00:22,200
And dollar did go above the
daily high of this candle here.
9
00:00:22,200 --> 00:00:24,570
And we said, if we did that, it would
probably make a run for the liquidity
10
00:00:24,570 --> 00:00:27,300
in here about the body of this candle.
11
00:00:28,695 --> 00:00:32,144
Uh, 156, I will probably see it.
12
00:00:32,144 --> 00:00:35,415
Maybe run up and grab that
liquidity on non-farm payroll.
13
00:00:35,415 --> 00:00:36,225
Now non-prime payroll.
14
00:00:36,225 --> 00:00:36,885
We don't trade it.
15
00:00:36,945 --> 00:00:40,394
We're just looking at it, getting
a feel for what they may end up
16
00:00:40,394 --> 00:00:41,595
doing for the rest of the month.
17
00:00:42,465 --> 00:00:44,504
It doesn't look so exciting when
you're watching it on a daily chart.
18
00:00:44,535 --> 00:00:44,985
Now does it?
19
00:00:47,595 --> 00:00:47,775
Yeah.
20
00:00:47,775 --> 00:00:50,055
This on a five minute chart
looks like the world's ending
21
00:00:50,715 --> 00:00:51,614
and it would be nice to see it.
22
00:00:51,614 --> 00:00:53,325
Just give up this whole entire attempt.
23
00:00:55,475 --> 00:00:58,685
And make that run for that this
low out here in 98 90, we were
24
00:00:58,685 --> 00:01:00,905
looking for that'd be really nice.
25
00:01:05,085 --> 00:01:05,745
And no, I don't.
26
00:01:06,135 --> 00:01:10,275
I'm being asked to, uh, I
weigh out the actual numbers.
27
00:01:10,485 --> 00:01:13,845
I don't have the capacity
to, uh, to do that.
28
00:01:14,775 --> 00:01:18,195
Um, it looks like we all, yeah,
we went bearish for a second here.
29
00:01:18,195 --> 00:01:20,145
Let's see if we get some
acceleration on the downside.
30
00:01:21,495 --> 00:01:22,575
No large funds.
31
00:01:22,575 --> 00:01:22,935
Don't.
32
00:01:23,880 --> 00:01:26,009
They don't participate
in non-farm payroll.
33
00:01:26,009 --> 00:01:27,000
They have positions.
34
00:01:27,000 --> 00:01:30,720
I'm sure of head of the
non-farm payroll release.
35
00:01:30,990 --> 00:01:32,640
As sometimes I have in the past.
36
00:01:33,330 --> 00:01:36,630
What I like to do is I like to
monitor what levels it reaches for.
37
00:01:36,690 --> 00:01:42,270
And I'm certainly willing to allow the
market to tell me the collapse, the trade,
38
00:01:43,440 --> 00:01:48,539
but usually my stops are not anywhere
near non-farm payroll because you know,
39
00:01:48,539 --> 00:01:50,910
when it's coming and it's the first.
40
00:01:51,810 --> 00:01:54,690
But I like watching it because
it usually sets up some sort of,
41
00:01:54,690 --> 00:01:57,030
uh, indication for the month.
42
00:01:57,750 --> 00:02:01,830
Usually what you see in the non-farm
payroll, Elise, and the reactions thereof
43
00:02:02,700 --> 00:02:06,090
gives us a clue as to what they'll
probably do for the rest of the month.
44
00:02:06,720 --> 00:02:10,620
Not always, but it's general thumb and
usually it's the opposite direction.
45
00:02:11,580 --> 00:02:11,780
Yeah.
46
00:02:11,780 --> 00:02:18,720
You guys getting the feeling that we're
ramping up for a very volatile summer?
47
00:02:18,780 --> 00:02:19,200
I think.
48
00:02:20,950 --> 00:02:25,180
I think the U S isn't
for a real rough way.
49
00:02:25,630 --> 00:02:29,440
I'll Shane dollar caught a second
wind would be really nice to see it.
50
00:02:29,440 --> 00:02:30,700
Just expand and hit that level.
51
00:02:30,700 --> 00:02:34,450
Just for general principles, like to be
able to see that little hit for the week,
52
00:02:37,920 --> 00:02:42,970
a nice move on gold from this order
block here, and like to see it expand
53
00:02:42,970 --> 00:02:44,980
up and hit that level right up here.
54
00:02:45,580 --> 00:02:46,510
1240 stills.
55
00:02:46,510 --> 00:02:48,760
That's still an objective
as mentioned yesterday.
56
00:02:50,115 --> 00:02:52,545
Oh, is it looks like it wants
to take out yesterday's high.
57
00:02:54,255 --> 00:02:59,685
If it does, it should immediately
expand towards this level here.
58
00:03:02,955 --> 00:03:04,335
Cable still flat.
59
00:03:05,235 --> 00:03:06,495
Hasn't really done much at all.
60
00:03:06,645 --> 00:03:07,785
It's come off with it's low
61
00:03:11,205 --> 00:03:15,915
and dollar still not
convincing one way or.
62
00:03:17,010 --> 00:03:22,530
Do I think Euro, do I think you're
looking good at 1 0 8 70 today?
63
00:03:23,130 --> 00:03:23,910
Is that what you're asking?
64
00:03:24,510 --> 00:03:25,079
It's certainly.
65
00:03:25,140 --> 00:03:29,430
I mean, that's where I think it may
want to reach for, I like the fact
66
00:03:29,430 --> 00:03:33,960
that we didn't give up much of the,
uh, the range of this midway point
67
00:03:33,960 --> 00:03:35,910
or this down candle rate in here.
68
00:03:37,500 --> 00:03:39,920
I mean, threshold kind of respected
that and came off of that.
69
00:03:39,930 --> 00:03:41,280
So that's encouraging.
70
00:03:41,880 --> 00:03:45,450
So hopefully we'll get some kind
of a turn if it holds this WIC.
71
00:03:46,320 --> 00:03:52,980
And we get a gap opening up on Sunday,
trade back down a little bit in, uh, close
72
00:03:52,980 --> 00:03:54,720
it in real quick and then start to expand.
73
00:03:54,720 --> 00:03:55,350
That'd be nice.
74
00:03:55,980 --> 00:03:58,250
And then obviously we would be
reaching for that one week 70
75
00:03:58,270 --> 00:04:03,360
the level now, but as it is right
now, it's not on payroll Friday.
76
00:04:04,350 --> 00:04:05,280
It's always a toss up.
77
00:04:05,280 --> 00:04:10,320
I'm not really a really 100%
sure what direction is going
78
00:04:12,870 --> 00:04:13,740
any other day of the month.
79
00:04:13,740 --> 00:04:14,490
I'm pretty confident.
80
00:04:16,935 --> 00:04:20,625
Inclination, it's going to move to
one side of the market over the other.
81
00:04:20,954 --> 00:04:22,995
It's pretty, it's pretty easy
to pick out where it's going
82
00:04:22,995 --> 00:04:26,085
to go then and what levels it's
reaching for, but non-farm payroll.
83
00:04:26,085 --> 00:04:29,955
You just want to avoid that and
not try to get so, uh, you know,
84
00:04:30,045 --> 00:04:33,795
insistent upon knowing what's
going to happen in this state.
85
00:04:33,885 --> 00:04:38,025
I give up trying to do that on
this one day of the month, I could
86
00:04:38,025 --> 00:04:42,974
care less, but it does help me get
a feel for what the month may do.
87
00:04:46,005 --> 00:04:48,105
Dollar is trapped in a fractal.
88
00:04:53,534 --> 00:04:56,415
I'll give you a last five
minutes of interaction.
89
00:04:57,945 --> 00:04:59,145
What's this candle over here.
90
00:05:00,165 --> 00:05:01,395
Bullish or bearish breaker.
91
00:05:04,795 --> 00:05:05,185
Okay.
92
00:05:05,844 --> 00:05:10,645
So understanding that and
we're in relationship to the
93
00:05:12,235 --> 00:05:13,375
institutional reference points.
94
00:05:15,585 --> 00:05:20,905
Would this be, if we're down here prior
to non-farm payroll, we look for that
95
00:05:20,905 --> 00:05:24,445
level to do what if prices down here?
96
00:05:29,805 --> 00:05:31,604
It could expand to a good, good answer.
97
00:05:31,604 --> 00:05:36,885
Brandon, once it gets here, we measure.
98
00:05:36,885 --> 00:05:41,825
If it has willingness to get
through halfway point, also,
99
00:05:42,245 --> 00:05:43,145
we have all this right now.
100
00:05:45,369 --> 00:05:46,359
This down, move in here.
101
00:05:51,700 --> 00:05:54,760
Surprise expanded up into the breaker.
102
00:05:55,270 --> 00:05:57,250
Now is the breaker just this candle.
103
00:06:03,739 --> 00:06:05,059
It's the one where you report to right.
104
00:06:05,059 --> 00:06:06,109
Cause to downtown.
105
00:06:08,980 --> 00:06:11,560
Back to back at the entire order block.
106
00:06:12,280 --> 00:06:14,890
So we look at the midway point
of that range from here to here.
107
00:06:15,159 --> 00:06:19,980
That's how far it can reach up
into this fell short of that, to
108
00:06:19,990 --> 00:06:21,190
expand it up into the breaker.
109
00:06:21,760 --> 00:06:22,810
What makes us a breaker?
110
00:06:22,840 --> 00:06:26,770
Because it was short-term high back here
that rally through it, took the stuffs and
111
00:06:26,770 --> 00:06:28,330
then rejected them traded down through it.
112
00:06:31,219 --> 00:06:35,659
So when you look at price like
this, this run runoff about this.
113
00:06:37,090 --> 00:06:43,330
What type of institutional swing
point is this very good breaker
114
00:06:43,340 --> 00:06:45,640
swing takes the stops out.
115
00:06:46,030 --> 00:06:52,150
If this would have reversed with
a lower high here in relationship
116
00:06:52,150 --> 00:06:54,190
to this one, what would that be?
117
00:06:56,310 --> 00:06:56,640
Failure.
118
00:06:56,640 --> 00:06:57,000
Swing.
119
00:06:57,240 --> 00:06:57,630
Good Jake.
120
00:06:57,810 --> 00:06:58,110
Good job.
121
00:06:59,640 --> 00:07:02,700
There's only two classifications
for institutional swing points.
122
00:07:03,060 --> 00:07:05,490
These are the best because it
comes back to the stops and.
123
00:07:07,500 --> 00:07:08,310
Highly unlikely.
124
00:07:08,310 --> 00:07:10,260
They don't want to come
back to that level later on.
125
00:07:16,570 --> 00:07:22,120
So what we're looking at is we have price
having a difficult time getting through
126
00:07:22,120 --> 00:07:25,390
these two down candles here, and I'm
looking at this candle as indecisive,
127
00:07:25,570 --> 00:07:27,130
basically the open and closed at the same.
128
00:07:27,700 --> 00:07:28,630
So you blend those two together.
129
00:07:29,460 --> 00:07:32,610
We're holding rate at that
level here on the downside.
130
00:07:33,090 --> 00:07:35,280
And we're having trouble getting
through the breaker here.
131
00:07:35,280 --> 00:07:36,870
So we're stuck and it's Friday.
132
00:07:37,380 --> 00:07:41,760
So we probably gonna to just chop wood
for the rest of the day, if you are a day
133
00:07:41,760 --> 00:07:46,409
trader, and I'm saying this only because
we're kind of like the casual today,
134
00:07:47,250 --> 00:07:49,080
nothing's really tradable on non-formal.
135
00:07:50,390 --> 00:07:53,700
It doesn't have any indications
about swing trading.
136
00:07:53,880 --> 00:07:55,409
It's completely isolated from that.
137
00:07:56,010 --> 00:07:58,380
So I'll just talk freely
about some interesting things.
138
00:07:58,890 --> 00:08:03,690
The, when you have this on non-farm
payroll Fridays, and the market has
139
00:08:03,929 --> 00:08:07,229
difficulty getting through an area
where it would be buyers and whether
140
00:08:07,229 --> 00:08:11,400
it'd be sellers, it's struggling
now, it's, it's not going to have,
141
00:08:11,909 --> 00:08:15,750
it was a great deal of probability,
significant move, higher or lower.
142
00:08:16,845 --> 00:08:20,085
So, if you're looking at this environment
right now and say you're a day trader
143
00:08:20,835 --> 00:08:25,605
or a scalper, this is where you move
to the sidelines and you close the day
144
00:08:26,085 --> 00:08:27,705
and you're, and you're weak right now.
145
00:08:27,795 --> 00:08:28,755
Don't worry about anything.
146
00:08:30,465 --> 00:08:38,235
A fractal is basically a, well,
we have a turning point in here.
147
00:08:40,515 --> 00:08:42,075
We have a turning point in here.
148
00:08:43,985 --> 00:08:45,065
We have a turning point in here.
149
00:08:46,655 --> 00:08:50,255
We have a turning point here
and all these turning points.
150
00:08:50,255 --> 00:08:54,275
If you go down to a lower
timeframe, they are reproduced
151
00:08:54,305 --> 00:08:56,345
just in a smaller form of itself.
152
00:08:57,515 --> 00:08:59,525
And basically when I look at a
fractal on just looking at the
153
00:08:59,525 --> 00:09:01,925
turning points, it's not like it's
a special pattern or anything.
154
00:09:04,084 --> 00:09:09,905
So yeah, it stuck in between the
breaker here in a bullet or block
155
00:09:09,905 --> 00:09:12,545
and here, no willingness to move.
156
00:09:12,965 --> 00:09:13,954
We've already closed in the void.
157
00:09:14,834 --> 00:09:18,735
So where, where can it reach for,
with a high degree of probability
158
00:09:19,875 --> 00:09:20,954
it's uncertain right now.
159
00:09:22,454 --> 00:09:23,265
So does that make sense?
160
00:09:23,265 --> 00:09:27,675
Why the market really doesn't have
an ability to move outside the range
161
00:09:27,675 --> 00:09:28,785
it's already created for itself?
162
00:09:29,834 --> 00:09:30,675
Cause look what we have here.
163
00:09:30,675 --> 00:09:31,935
We have this low.
164
00:09:34,974 --> 00:09:35,334
Okay.
165
00:09:35,365 --> 00:09:40,855
This is, um, in continuation of the
understanding of why or what a fractal is.
166
00:09:41,214 --> 00:09:41,844
We have this low.
167
00:09:43,185 --> 00:09:44,535
What was the wrestling below that low?
168
00:09:50,385 --> 00:09:51,615
So what did they do here?
169
00:09:55,715 --> 00:09:58,955
It took out the cell staffs and
then rejected and went back up.
170
00:09:59,885 --> 00:10:03,485
They took out some bio stats about the
short-term high, but now think just
171
00:10:03,485 --> 00:10:05,525
a little bit past this, to the left.
172
00:10:05,825 --> 00:10:06,485
We have this whole.
173
00:10:09,620 --> 00:10:13,070
We had one above this short-term high
prior to this rung up here, what was
174
00:10:13,080 --> 00:10:14,390
resting above the short-term high.
175
00:10:16,220 --> 00:10:18,620
So we have by stops taking out here.
176
00:10:19,670 --> 00:10:22,070
We have cell stops taken out here.
177
00:10:22,940 --> 00:10:25,490
So is the market balanced
or imbalanced right now?
178
00:10:26,690 --> 00:10:27,260
Balanced?
179
00:10:27,470 --> 00:10:32,180
That means there's no imbalances right
now where they have to quickly reach for
180
00:10:32,180 --> 00:10:33,890
the opposite side of the marketplace.
181
00:10:34,370 --> 00:10:36,380
Right now we're going
into the weekend balanced.
182
00:10:37,890 --> 00:10:40,439
There's no indication that
it wants to reach above here.
183
00:10:40,439 --> 00:10:42,959
Cause it's already taken the
stops to the buyers are out.
184
00:10:43,410 --> 00:10:45,150
The sellers are out and now we're neutral.
185
00:10:45,599 --> 00:10:48,300
So they're going to wait for
the weekend to build sentiment.
186
00:10:49,109 --> 00:10:51,959
So you just sent the simply sit on
your hands and you don't do anything.
187
00:10:53,219 --> 00:10:54,000
Does that make sense?
188
00:10:55,680 --> 00:10:58,530
So our opportunities are
always at the end of the range.
189
00:10:59,610 --> 00:11:00,030
Okay.
190
00:11:00,210 --> 00:11:01,680
Now let's go back for a moment.
191
00:11:01,680 --> 00:11:02,040
Let's go.
192
00:11:02,760 --> 00:11:05,580
Let's assume for a moment that
this was a little bit lower
193
00:11:05,580 --> 00:11:12,320
timeframe and this low hadn't been
taken out yet to probabilities.
194
00:11:12,320 --> 00:11:17,270
If we were up here prior to non-farm
payroll would be what to reach for
195
00:11:17,510 --> 00:11:19,910
this high here or the low under here.
196
00:11:21,260 --> 00:11:23,150
Again, assuming none of
this has happened yet.
197
00:11:23,330 --> 00:11:24,140
Like the chart would look like.
198
00:11:25,600 --> 00:11:29,320
It would reach for the low,
because it has already taken the
199
00:11:29,320 --> 00:11:31,330
buyers out with the buy stops.
200
00:11:31,990 --> 00:11:34,540
So the sell side liquidity
has been untapped.
201
00:11:34,630 --> 00:11:36,130
It's not been traded to yet.
202
00:11:36,820 --> 00:11:40,030
As soon as it does this, it's
already taken the cell stops
203
00:11:40,030 --> 00:11:42,600
out and it starts to rally high.
204
00:11:42,640 --> 00:11:45,610
If it takes this high out here
and takes another realm by stops
205
00:11:45,610 --> 00:11:47,020
out like it does right there.
206
00:11:47,950 --> 00:11:49,990
And it's Friday and it's non-farm payroll.
207
00:11:50,849 --> 00:11:52,469
You've bounced out enough.
208
00:11:52,469 --> 00:11:54,300
There's no, there's no imbalance.
209
00:11:54,359 --> 00:11:58,589
You're back in the middle of
what range this tie in this low.
210
00:11:59,550 --> 00:12:04,290
So you're at equilibrium with no real
clear liquidity pools to reach for
211
00:12:04,290 --> 00:12:09,390
because both sides of the marketplace
have been zapped that clear.
212
00:12:10,229 --> 00:12:11,250
Does that make it clear for you?
213
00:12:12,839 --> 00:12:15,930
And then you'll have this market
struggled to hang around in here
214
00:12:16,140 --> 00:12:17,699
now day traders scalpers and.
215
00:12:18,495 --> 00:12:19,425
Yeah, not jobs.
216
00:12:19,425 --> 00:12:21,165
I'll be in here trying to
capture every little thing.
217
00:12:21,165 --> 00:12:25,454
They see stochastics, all these
Mac DS and all of those stuff.
218
00:12:25,485 --> 00:12:28,365
They'll be looking for some kind of
signal, but the market's in a condition
219
00:12:28,365 --> 00:12:31,724
that really doesn't favor a move of
any significance higher or lower.
220
00:12:33,015 --> 00:12:39,525
So when we look for trades, we're looking
for the outer realm of specific ranges.
221
00:12:39,525 --> 00:12:41,805
Like, like we have a range high here.
222
00:12:42,105 --> 00:12:42,615
It took that.
223
00:12:43,365 --> 00:12:44,925
Whenever we say, oh, hi, taken out.
224
00:12:44,995 --> 00:12:49,365
We number one, we look for rejection
or indications that wants to continue.
225
00:12:50,445 --> 00:12:54,285
We have a low here it's traded
below that and then rejected.
226
00:12:54,645 --> 00:12:56,955
We have a low here it right
below that and rejected.
227
00:12:57,285 --> 00:13:00,675
If it's rejecting this low and traits
higher, what's it going to reach for?
228
00:13:00,675 --> 00:13:01,875
It's not going to reach for this high.
229
00:13:02,205 --> 00:13:03,255
It's going to reach for the stop.
230
00:13:04,735 --> 00:13:05,905
Worried about the short-term high.
231
00:13:06,415 --> 00:13:07,405
We've already done that.
232
00:13:07,405 --> 00:13:09,535
We closed in the range and we
traded back into the breaker.
233
00:13:09,895 --> 00:13:11,005
There's nothing right now.
234
00:13:11,005 --> 00:13:13,225
It has to reach for before Friday's close.
235
00:13:14,095 --> 00:13:15,625
So you simply just move to the sideline.
236
00:13:16,435 --> 00:13:20,395
Now, since dollar is going to be
held in a range, now it's trapped.
237
00:13:20,545 --> 00:13:22,195
That's what I mean by
it's trapped by fractal.
238
00:13:22,555 --> 00:13:25,795
This swing point in this
swing point has balanced out.
239
00:13:26,305 --> 00:13:27,985
No near-term open.
240
00:13:27,985 --> 00:13:32,125
Float is exist existing right now, except
for the intraday high and intermediate.
241
00:13:33,285 --> 00:13:36,135
It's formed prior to non-farm payroll.
242
00:13:36,584 --> 00:13:38,985
And that's about the only boundaries
that we'll probably reach for.
243
00:13:40,635 --> 00:13:43,454
And that's going to affect all
the K uh, the pairs like cable.
244
00:13:44,925 --> 00:13:45,915
Take a look at your opinion.
245
00:13:47,714 --> 00:13:49,845
It certainly looks like it
wants this buy side liquidity.
246
00:13:50,475 --> 00:13:54,615
We'll be watching it on
Sunday and go still it's.
247
00:13:54,615 --> 00:13:57,915
Now it's flat to silver.
248
00:13:58,574 --> 00:14:01,214
As long as it holds this
foolish or block out.
249
00:14:02,995 --> 00:14:05,185
So, yeah, there's, that's what
we're looking at for today.
250
00:14:05,485 --> 00:14:09,895
Um, just want to toss something out
there because there's nothing that we
251
00:14:09,895 --> 00:14:12,385
can discuss before we do the teachings.
252
00:14:12,475 --> 00:14:14,065
Um, and there's a third list out there.
253
00:14:14,065 --> 00:14:16,585
One more time, please
send me your satisfaction.
254
00:14:17,610 --> 00:14:18,210
If you haven't done.
255
00:14:18,210 --> 00:14:20,190
So I need that today by midnight.
256
00:14:20,700 --> 00:14:24,360
Uh, if I don't have it, you will
be disconnected and interrupted.
257
00:14:24,360 --> 00:14:27,150
You won't be able to access
to the forum or the teachings
258
00:14:27,330 --> 00:14:28,650
tomorrow night on Saturday.
259
00:14:29,430 --> 00:14:32,970
And if your payment hasn't processed,
please make sure that also, because
260
00:14:32,970 --> 00:14:36,030
that will also interrupt your service,
have yourself a pleasant weekend.
261
00:14:37,125 --> 00:14:40,455
Keep your eye on, uh, the
newswires about the events.
262
00:14:40,455 --> 00:14:43,425
I'm sure it's just going to
continuously get worse as we go
263
00:14:43,425 --> 00:14:47,715
along in this wonderful adventure of
Trump land until I talk to you again.
264
00:14:48,855 --> 00:14:49,515
Good luck trading.
21533
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