Original subtitles

welcome to March, 2017 content for the ICT mentorship.

This month, we're teaching short-term trading.

This is lesson one, combining higher timeframe, monthly and weekly.

Okay folks, short-term trading.

This is my cup of tea.

If you will.

My go-to discipline trading style.

Um, in this month, we're going to teaching in great detail.

My one shot one.

Approach to trading, not just the Forex market, but all the other, uh, asset

classes will be touched on in the scope.

As we get to those later discussions, uh, in the middle of the summer, we will be

teaching bond trading, uh, index trading, stock trading, and commodity trading.

And I'll touch on this specific trading model in higher detail.

When I go into those respective discussions.

And just so you know, it's the month of June, we go through that,

uh, that gambit, if you will, of those four different asset classes.

All right.

So what is short term trading?

It's the practice of trading and duration of one week or a few days we

use both the monthly and weekly charts.

The frame.

We traded the direction of the present or next week's probable range.

It's essential that you understand that the weekly range is going

to be the backbone to your success in short term trading.

And I'm going to go through a lot.

Teaching and concepts, as it relates to producing consistent results.

When you're looking for forecasting the next week or current weeks range,

the short-term model can be both trend or range bound.

Trades that are clear to see forming are the goal.

Again, specifically with this trading model, try your best to keep from

forcing yourself to take a trade if it's not obvious, but simply just

not clear enough on, on your chart.

Just simply sit on your hands and wait these types of

setups form every single week.

There's absolutely no reason for you to rush.

If you do believe me, you will have psychological tug of war going on.

You're gonna have emotional issues.

And the bottom line is, is you're ultimately probably

going to lose some money.

Short term trading.

In my opinion is the highest probability to sell.

It offers frequent setups and with consistency, it

provides a plethora of trades.

Now, before we get into this discussion about short-term trading, let me preface

it by saying it's important that you go through your notes from the January

long-term trading model and from February with the swing trading model

notes, because those notes will combat.

This specific whole entire month, it would be very easy for me to load you

down with rehash of everything that was discussed in January and February.

But what I want to do is I want to keep things moving along.

Number one, I want the lessons to be fresh, and I also want you to be.

Forced.

If you will, to go back through your notes, it's simply me

giving you the PDF files.

Not enough.

You need to be referring to them every single month.

He gets something new.

When you finish that new month, go back from the previous month and

go through all those lessons again.

And yes, it takes a lot of time.

That's why we're doing a 12 month mentorship.

It takes a great deal of time.

You go through this information to digest it, to retain it,

and then to be able to use it.

It's simply not enough to give me this and then I'll know what to do.

It's not, it doesn't work like that.

And obviously some of you already realize that and it's requiring you

a great deal, more work, but the ones that are doing it, guess what?

And you already see the fruits of that.

So while many of the folks on the internet think they

understand how I do one shot, one.

Believe me, there's a whole lot of things that I did not reveal in the

first four lessons of this month will look somewhat like you have

already seen it already, but there's subtle nuances, especially with one.

Uh, component that I'm going to release it at the very last

slide in this presentation.

I want you to be really focused on because it really is, in my

opinion, one of the telltale signs that you've got a tiger by the tail.

In other words, you have a big move still, and I'll get to that when we get

to the last slide in this presentation.

But I want you to know that when we go through.

Short-term trading.

This is my favorite form of trading.

If I can't find a setup for a one shot, one kill, the next

thing I'm doing is day trading.

And guess what?

We teach that next month.

But this month in next, this is where I Excel as a trader because of my

personal unique makeup as a trader and as a person, my psychology about

things in nature is very short term.

I can change my mind very quick.

I can.

Make a decision rather quickly.

So that means that I can do very well in this specific discipline of

trading and with intraday day trading.

So while this may not be your particular style trading, Trust me.

I'm going to teach you things in this month and next month that

will help you really, really Excel as a longterm trader or a swing

trader, everything blends together.

That's why we have to do these things from a higher timeframe down.

And we keep back to the hard timeframe and fill in gaps that were left there.

Intentionally some of you have scratched your head saying, well, wait a minute.

I feel like there's some things missing from the swing trading model.

The things that are missing will be.

By filling in with the short term, because everything is modular.

Everything is complimentary as we go through deeper study on this mentorship.

So as we get down to the smaller timeframes, everything fills in, and then

you'll go back into the higher timeframes and say, okay, now I know what I'm doing.

I know what I'm looking for.

And everything fit together like a dovetail perfectly.

Okay.

As a reminder, every discipline, we will always be.

We referring to.

PDA Ray matrix.

And I want to not just go over everything that you've seen here so far, and I'm

not trying to, you know, the labor, but it's important to understand that

as a short term trader, especially for one shot, one kill, which is the, like

the flagship of this month's content.

That's what I'm, that's my hallmark as a trader.

I mean that, that's what makes ICT what he is.

You know, I can trade the weekly range and get pretty close to what

the high and low is for the week.

And you've already seen many examples.

We call the intraday highs and lows before the fact within one or two

pips and sometimes rate on the PIP.

Those same components are applicable to the weekly range, which if

you really stop and think about.

Think about the Sunday opening to Friday's clothes, how many pips

is offered over that time period?

A lot tons.

So if you can really focus in on what we're teaching this month, even if

it's not going to be your discipline of choice or style of trading, it

will give you a greater insight on how you can reduce your risk trading as a

swing trader and or a long-term trader.

As it relates to PDA matrix, that's again, the backbone to what we look

for and how we frame our trades.

Okay.

So it ends up in every one of our teachings as we go

forward in each new discipline.

This slide will always be there because I want it ingrained in your brain.

Okay.

Because this is what I do from an institutional mindset.

I look for how the institutions will move from my premium to a discount array or

from a discount rate to a premium marae.

You have to understand that.

And just an example, this is take a look at one real quick.

Saying, we looked at the market and it just recently filled out a fair value gap.

Okay.

And we think the market's bearish where we go through this process of looking

for potential future discount PDRs.

And we look, and we can't see anything in terms of a bullish, uh, mitigation block.

We don't see any bullish breakers.

There's no liquidity void, but there is no fair value gap either.

All of a sudden it reduces us down to a bullish.

So, if we're looking at a monthly hard timeframe, premium array, we're looking

for a opposing weekly discount array.

So in this case, we were looking for, or the movement from a fair value get

that has filled in at a premium level.

We're dropping down and looking for a weekly discount array.

And if our analysis leads us to only a bullshitter block below us in the

weekly format or timeframe, that's the range that we're going to be looking.

That's your potential range.

That's how much you can frame your risk reward model.

That's the range you're trading.

That's not, um, to be broken up and looked at as, okay.

Well, if this range is 300 pips, I'm just going to take 20 pips and be done with it.

No, you're gonna look to frame your trades.

As you scale out your holding for these longer-term objects.

Throughout the week, you are going to learn and take some profits along the

way, but you're holding out ultimately what that last portion of your trade to

get down to that bullet shorter block.

And this is just one example.

It could be any combination of how a premium moved to a discount array or

a discount array moved up to a premium terms of reaching for how the market may

reach in terms of moving higher or lower.

And I'll say this in simple terms.

All we're doing is looking for a monthly PD array, whether it's discount or

premium based on our next logical price move, has it gone most likely higher

or lower from where we are right now?

And we move from a monthly PD right now, if it's bullish, obviously we're gonna

be focusing on a monthly discount array.

If it's bearish, we're looking for a premium monthly array from that monthly.

You're going to look for an opposing weekly array.

So if you're starting from a premium and a monthly basis, you'll be

looking for a weekly discount.

That's your target.

You're looking for that range, the close in, or the market

to be drawn to that level.

Now, if you're not really paying attention, if that

didn't hit you hard, believe me.

When you go through your, all your charts, go back and look at every

major move that's what's been going on.

That's what makes my ability to call the markets from one level to the next and be

pretty solid in terms of why I think the mark is going to go one direction over

the other when I'm not confident about that is because I don't, I don't know

what PD array is going to be used next.

So I'm waiting for more information or the PD erase have been expired.

They've already been traded too.

So you have to look for something new and that means you have to

wait, but guess what that does.

It gives you content.

And it also gives you patience.

It gives you the ability to wait now, you know what you're waiting for,

because right now you can't do anything.

So when we go through this process of eliminating or what's available in terms

of active PD arrays, we start from a monthly, wait, what is the Mar monthly PD

rate that we're most actively traded from?

Is it coming off of a bear shorter block?

Okay, great.

So what's the weekly discount rate it's going to be.

There may not be a mitigation block.

There may not be a bullet Spreaker.

There may not be a void or a gap.

There may not even be a bullish order buck that you could feign around confidence.

It may be a series of all down candles.

So what does that mean?

You look for a rejection block or an old, low and over high.

Another example would be, if we were looking from a discount monthly array

up into a weekly premium array, we can be looking for the market, moving from

a bullish breaker, for instance, and we could potentially look for the market to

possibly run to an old high or an old low.

Again, that would be your potential range.

This is the maximum, you're leaving your portion of your trade on to reach for it

may not get to these objectives, but if you leave a little piece on many times,

you're gonna find that if you do this, you can actually make more than the trade.

If you had on the full position and left it to your first objective and

just simply took it all off there, that small little portion, if you leave it

on and you hold it for your maximum.

That little portion, many times will be what you would be making entirely.

If you just took first profit at a smaller, lesser objective.

Okay.

Higher timeframe sequence.

We've seen this slide before, but now we're making one more addition and we're

making some additional notes as well.

When we're looking for shorting opportunities, we're moving from

a monthly chart sell program.

It means we're looking for the market to move away from a premium array.

And we're moving down into the lower timeframe, which

would be the weekly chart.

And we're looking for it to become a sell program as well.

So we're going to looking for the market to move away from its premium arrays

down into a lower timeframe daily we're watching for price to move away from.

Individual premium arrays down into a four-hour chart, looking forward to sell

program as well, moving away from its premium rays down into a one-hour chart

where we're again, looking for the market to move away from their premium arrays.

So if we look at the slide here to the.

We have the monthly, the weekly, the daily, the four hour and the one hour.

And we're focusing on the monthly chart is we're looking for a

premium array to trade off of north.

That's going to be our point of origin from the monthly, weekly,

daily, and for our, these timeframes, you're scanning, searching and

trying to determine all of the PDs.

Not just premium and not just discount.

You're looking for all of them from each timeframe because all of them will give

us potentially new setups short-term trading or one-shot kill setups.

And also if we're looking for a move in this case, a selling opportunity

and we're framing off of a monthly PD array from a premium level, it means

we're in a, basically an overbought condition and we're going to be

watching and expecting the price to move lower, to trade down to a weekly.

So if we're going to look at the monthly, the weekly dealing for our

own, both premium end discount basis, as we've already talked about in

previous disciplines and teachings in December and January, when we do this,

if we're bearish, if we're looking for the monthly premium arrays to

influence price, to go lower, why is it important to look at the monthly,

weekly, daily and four-hour discount rate?

Because we're looking for these arrays and the Viscount form to break.

We want to see them break and we want to see them continuously keep breaking until

we get down to our weekly discount array.

So if we're framing a monthly premium PD array, we're expecting

lower prices from a monthly level.

And we're trying to get down into a weekly.

Now it could be any one of the discount, rays, whichever one appears

on the chart or the market that you're trading, not every payer or market

has every single discount array.

There's only a few that can exist.

Very rarely.

Have you ever seen more than three?

So if you focus on what you're looking for in terms of monthly, down into a daily.

It gives you a very clear cut thing to look for.

There's not a plethora of things to choose from or, well, there's so many things.

It could be Michael, you know, which level is it?

No, it's very obvious.

We're framing the market contextually and conceptually.

So it gives us a way to break down the marketplace and define where that market

may most and obviously likely reach.

So we're scouting for opposing PD erase from the monthly

down into a weekly discount.

So again, monthly premium level, and we're trying to look for an opposing

weekly PDRs in the form of a discount from that monthly premium array.

We dropped down into a weekly, daily and four hour at every

premium array for each one of those.

Timeframes and we're scanning for all of the premium arrays where

we can take short-term trades from as a short, every one of those at

the weekly, daily, and four hour.

If we find a level like that, we refine it all the way to the one hour chart or one

hour chart is our executable timeframe for one shot, one kills or short-term trading.

Once you have that executed, what we're doing is, is we're aiming

for that weekly discount PDRs.

There's your cycle.

That's your process?

That's your whole, uh, outlining, if you will.

What we do with the information we learned from January and February and what we're

learning so far is that we're taking all this concept actually, and breaking

it down into a user-friendly format.

We want a monthly premium array and we start there.

We're looking for a opposing weekly.

Whatever that range is, it may be hundreds of pips, or it could be a thousand pips.

I don't know it's going to be unique to each market and environment, but we

may have missed the real opportunity to trade off of that monthly premium.

Maybe you sat down in your turn and say, oh, look at this.

It's coming off of a monthly bear, shorter block.

So it's already moved away from it.

You can't really use that to trade off of you just know that it's moving lower.

So what do you do next?

You dropped down to a weekly what's the weekly premium.

There may be one, it trades up to you later on or a daily chart.

It may trade up into a daily premium array or four hour.

One of those four timeframes is going to give you a setup based on the fact

that the monthly premium is overbought, most likely are going to trade lower

and we're going to be looking for a lesser timeframe discount array.

What's less than a monthly.

We execute, regardless if it's on a weekly, daily, or for our premium

level, from a one-hour chart, you get down to the discount on a weekly.

That's our objective throughout the time from that execution.

If it's a weekly or it's a monthly level, we could potentially see

multiple short-term trades form.

If it's from a four hour basis, you won't see that many charts setups

form, but nonetheless, there's still gonna be high priority.

Okay for buying opportunities, the same thing as this repeated this

an opposite, we're gonna be looking for a monthly chart by programs.

So we're gonna be looking at a monthly discount array, and we're

gonna be looking forward to going into a buy program and which we're

expecting higher prices, weekly chart.

We dropped down into it and we start looking for all of the

discount PD erased as well.

And we look for the daily chart to also move away from its discount rate.

And then dropping them to a lower four hour and then ultimately down

to a one hour chart, looking at all of the discount PDRs to offer

support and price, but ultimately we're framing it off of whatever

the monthly chart discount array is.

That's the beginning basis.

So we're starting from a monthly level.

We're finding a discount if we're oversold or for any really deep discount market.

In other words, it's traded for a long time lower and we found some

old institutional price models for.

Institutional order flow.

For instance, at bullish order block, when old, higher and old low whatever's

caused the market to trade higher in the past, all those are potential scenarios.

We're looking for a lower timeframe, opposing PD array.

In this case, we're looking for a weekly premium array.

We're scouting, opposing PD arrays, but we're starting

from that monthly basis for.

So the lesser timeframe for a monthly he's a weekly and the

opposing from a discount is premium.

So we're looking for him over sold condition on a monthly, to

a higher timeframe premium rate.

It will be seen on a weekly chart.

So that would give us a relatively intermediate term overbought scenario.

It helps us frame the model without using any indicators.

Once we arrive at discount monthly PDF.

We go down through the monthly, the weekly, the daily, and the four hour

to reference all of its individual unique discount arrays, every single

one of these, even if we missed the monthly discount, array and price

is already moved away from it.

We can't use it, but we can refer to it as an indication that

market's wanting to go higher.

So therefore we're identifying that weekly premium level.

So, whatever that range is, that's what we're waiting for it to trade

up to between them two points.

There may be thousands or hundreds of pips in terms of the difference between the

monthly discount level and the weekly.

So we dropped down to the weekly, the daily and a four hour for all

of the discount PDRs, but which order blocks bullish breakers,

bullish mitigation blocks, liquidity voids below current market action.

Fair value gets below current market action, uh, rejection blocks, old

candle bodies with long wicks below it.

Uh, it made me want to reach down below that, or it could be just

a run on an old, low or return back to an old high historically.

Those are all discount arrays.

We look for them from the monthly and then drop down to a weekly, find whatever

they are there in that timeframe.

Then the daily and the four hour, any one of those timeframes.

Okay.

We're searching and determining whatever the PDA rays are from a

discount basis, but we're framing the directional move from the monthly.

We time all of those potential setups with the one hour chart.

Aiming for that weekly premium array.

And again, it could be multiple short-term trades forming between

the monthly, the weekly and daily getting to that weekly premium array.

Again, we dropped down to a four-hour chart and once we get into the four

hour, the trades start to fall off a lot in terms of the frequency or multi.

Okay.

If we look at how we can use the same model dropping down from a weekly chart,

we can start from a weekly premium looking into a lower timeframe daily

discount, and we're gonna be scouting, opposing PD, arrays, respectively,

and from a weekly, from two daily to a four-hour, we're looking for all the

premium arrays that we could short from.

And we key off of whatever they are.

We wait for price to trade to them.

And then we use the one hour chart to sell short from that's our executable

timeframe aiming for that lower level timeframe daily discount.

This my friends is the one shot, one kill set up.

This is my bread and butter.

This is the one that has consistent setups every single week.

There's something to trade off of, but you have to go through

the process of waiting for the.

The opposite.

Same here.

When we're looking for a weekly discount scouting and opposing PD

array for daily premium level, we dropped down from the weekly, the

daily and the four hour looking for all the discount PD res executing on

any one of them from a one hour chart.

And again, this is the one shot, one kill set up for.

Okay.

We talked about the swing trade progression, and it's important to

bring this back up again, because without this understanding, it's going

to be a little too vague, but I gave you a model at which we thought that

maybe this is a six month outlook on.

Okay.

Maybe it's a little bit aggressive to say six months, but just for the sake

of argument and discussion, let's just say this whole entire range of higher

highs and higher lows is six months.

And we had the benefit of forecasting, the potential move to see this unfold.

Each one of these price legs has a impulse leg and it has a retracement.

Then there's an expansion swing inside of each individual impulse swing.

There could be smaller impulse and expansion.

Each expansion swing again, just like we saw in the impulse swing, it could

be broken down to a smaller timeframe, seeing its own individual unique

impulse swing and expansion swing.

And this is repeated throughout the entire fractal that is seen

in price as a short-term trader.

With this alone, there is a plethora of many, many sex setups and signals that you

can find just trading with one market one.

If this is a whole landscape, if you will have six months of price

data, this could be every load it trades from and trades higher.

Every single time, it makes a low moves up graphically.

That is a potential short-term trade.

So just from this chart alone, if you take a moment and count

every time he creates a move.

Use that lowest point at which you could frame a short-term trade count them.

I'll give you a moment to do so.

There's potentially just on longs.

There's eight short term setups here just by breaking the fractal down

one scale, but we can go further than that and break down the smaller

swings into their individual impulse swing, retracement and expansion.

And smaller expansion swing can be further broken down.

Each individual fractal can be broken down to a less rack though.

Now, if we count how many opportunities you could be a buyer when you're bullish

and you can frame the marketplace correctly, how many opportunities do

you see here in terms of potential buys?

There's potentially 16 buying opportunities in this overall.

That's not counting any short-term trades that you go to done

on all the retracements every little red section in here.

They could also be short-term trades as well.

If we couple those with the buying opportunities, there's a great deal.

More trades that are available as a short-term trader.

Okay.

The general concept revisit.

We're looking for a market that is poised to trade higher on a higher timeframe.

Now we're going to be looking for seasonal tendencies to help us.

We don't require it, but they're always going to be a bonus and we're looking

for interest rate driven conditions.

In other words, is there.

Bond market.

Is it moving?

Is it stagnant?

It's going sideways.

Preferably we were looking for a market that's moving around and just

the commitment, traders support the hedging program about the commercials.

Are they buying?

Are they selling, um, in this case, if we're looking for a bull scenario,

we're looking for commercials to be lessening their short positions or

aggressively adding or already net long.

And we're using intermarket analysis to support abortions.

That could be in the form of supporting, uh, with.

S and T divergence or correlated pair SMT.

We're looking for a market that rallies higher than retraces and this is going

to occur Monday through Wednesday.

So now we're getting more time-specific and then we look for the market to

expand up into higher highs so that before we do anything, we're going

to already have our point of origin.

No worries.

That's going to be the reference point from a monthly standpoint and,

or dropping down to the weekly daily.

And we're going to know what PD array in the premium we're aiming for.

So we see that impulse swing Monday, Tuesday, or Wednesday, we were looking

for an up move to suggested this.

In fact, buying that impulse swing is the telltale sign that there

are smart money players in the marketplace pushing price higher.

That's we're looking for underlying we're expecting higher prices

anyway, but now we're seeing.

We're waiting for the retracement that retracing it's going to come again

between Monday, Tuesday, and Wednesday.

It could happen directly right off of Sunday's rally.

And then Monday would be maybe the retracement, or it could just start

right from Monday and have a very shallow retracement of one day between Monday

and Wednesday, during that retracement we're gonna be looking for or anticipating

the next move, higher driving.

Move higher into that premium array that we're looking for.

That expansion swing is where we're looking to be profitable.

Framing the retracement from the point of origin.

That's where we're looking for our executable timeframe hourly for our

daily, weekly, monthly discount.

Pediatric.

We're looking for all of these potential levels as price starts to drop down.

Now, it looks like graphically it's only on Wednesday, but for the sake

of discussion and keeping the slide clean this retracement and the discount

PD array matrix is applied through the entire range across the days

of Monday, Tuesday, and Wednesday.

So in other words, what I'm saying is, is Chrome, Monday, Tuesday, and Wednesday,

during any retracement lower, we're looking for a monthly, weekly, daily.

Discount array the off of aiming for the weekly premium array and it has

to drop down into, uh, kills them.

Now, what kills them?

Could you be trading?

Uh, obviously y'all know that I like to trade the London open and I like

to trade the New York open freely trading, the Aussie Kiwi or Japanese.

You want to be including the Asian session kills him.

Okay.

So you can go into my free tutorial stuff and see what that actually is.

But for a quick down dirty timeframe, what you're looking for is 2300 hours to what

basically you're going to be looking at, uh, 6:00 PM to 9:00 PM, New York standard

time, whatever time it is in New York.

6:00 PM to 9:00 PM.

There's your sweet spot for Asia.

Okay.

There you go.

Nothing, nothing easier than that.

And many times it can extend to 10 o'clock, but usually you don't

want to be doing anything after 10.

Uh, the closer you get to 10, that's kinda like their lunch time.

So you don't want to do anything around 10.

And ultimately if price drops down and gives you a retracement into a

discount PD array from a monthly, weekly, daily, or four hour level.

You can see that also can be used from an hourly executable timeframe.

So if you get a hourly discount PD era, they could be executed

on as well inside of Kilz.

Then again, you're looking for that Monday, Tuesday, and Wednesday set

up, but you're aiming for the weekly PDRI if you don't want shot one kill,

you're looking for that daily PDA.

Right.

But framing off of a weekly.

Okay.

A general concept revisited again in bearish markets, we're

looking for markets poised to trade lower on a higher timeframe.

We're looking for any market that would potentially move lower seasonally,

but it doesn't have to, we don't need to seasonal tendency there again,

it's it's always a bonus or a plus if you will, if we can use a market

that has a bear seasonal tendency.

Our interest rates moving.

Are they stagnant?

Preferably we were looking for a market that has the

bond market moving all around.

The tenure notes are moving around.

That's held in consolidation and commitment of traders.

Are we looking at a lessening of long positions by the commercials or are we

seeing a heavy net short position being built or are they already net short?

Uh, those are the conditions we're looking for from a cot standpoint.

And intermarket analysis supports the bear sense.

That means SMT diversions is indicating weakness or correlate a pair.

SMT suggested there should be a overall sympathy, move lower for foreign

currencies or for trading stocks.

You learn all that as well with the indices versus the leadership issues.

And we're looking for a market decline lower than retrace

higher during Monday into winter.

And we're done.

We're gonna be looking for a market to expand down to lower lows.

So we have a point of origin from a hard timeframe, monthly premium array

trades, the lower impulse swing.

And then there's a retracement.

Again, this is all occurring between Monday and Tuesday and Wednesday.

Any one of those three days, this scenario or condition has to be.

That retracement has to come up to the level of premium and then the

expansion swing is what we're looking for to be profitable in aiming for

the discount array, reframing our trade with premium array matrix.

So we're looking for a monthly, weekly, daily four hour and one hour premium

array to short from in a kill zone.

For time of day analysis.

Okay.

Monthly ranges are prices, fractal and higher time frame analysis benefits us

as a result, we note the high and the low of every month candle, we knew to

present range in terms of premium and or discount we consider where price

on the monthly will or could draw to.

And the words what's the most likely to.

There is generally four weekly candles in every monthly candle.

Every week we study where the monthly will likely trade next.

Again, all we're doing is looking for probabilities and there's nothing

that I teach with 100% ironclad.

This is where it's going to happen every, since.

There's no, absolutions, there's only probability.

So we're looking from these higher timeframes to look for.

Where is it most likely reaching for it?

Cause if we're trading off a monthly chart and we can pick the most probable

direction, chances are even if we're wrong, you know, the lower timeframes that

we're going to be executing on, it still might give us opportunity to be paid.

And then usually monthly ranges.

We frame trades on the weekly range.

I said, what's a weekly rain.

Uh, again, prices fractal and monthly analysis builds on the weekly, and we knew

it to high in a lobe, every weekly candle.

We note the present range in terms of premium and or discount we consider where

price on the weekly will or could draw to.

Again, what's the most probable direction in terms of whether weekly

chart is trading and where it may reach up or lower to there's generally

five daily candles and every weekly.

And every week we study how the weekly trades inside of its monthly

range using weekly ranges, we frame trades on the daily chart.

We're watching the, see if the weeklies continuously expand and make the larger

monthly candle move in a direction.

We thought they were.

So each week we're looking for confluence and confirmation that what we anticipated

seeing on the monthly isn't fact unfolding, because the weekends we'll

be pushing that direction, hopefully in our favor, and then making that weekly

range, expand every hire or every lower, uh, weekly candle we'll build that bigger

monthly candle in respective direction.

Okay.

So let's take a look at an example.

All right.

So here, we're looking at the Japanese.

Janice is a monthly chart and you can see from 2015 springtime going into

June, 2015, we saw the Japanese yen or dollar yen pair trade up into, around

the 1 25, 80 level or thereabouts.

And we moved from a low formed back in 2013, and then we dropped.

1 25 into round, June of 2016.

If you look at the total range, we have obviously moved into a discount

market and we look at the markets.

Old support levels found at the February, 2014 to June, 2014.

There was a lot of support seen in there.

So products came all the way down into the point of.

Where we think the market will.

And with the benefit of hindsight here, I'm not going to be slicing

and dicing charts because we called the Japanese Shan lower, which is

dollar yen higher all through the, uh, the months in 2016, as we see here.

But looking at this example, we have a point of origin where we

think price may want to go higher.

And then once we see that we start looking at all of the monthly.

PDRs I'm framing the last down candle right before the big

mood starts to take place.

That is a monthly candle, and we start looking at the monthly range, but that's

not the monthly range we're trading in.

That's just a monthly range.

So don't be this.

Don't be confused.

When I start talking about monthly ranges, I may interchangeably refer

to a monthly candle where it's individual or independent range.

That's not the monthly range that we're going to be referring to.

I'm actually going to distinguish.

Okay.

So we have that one month's candle range defined, and we're going to

go back to when the monthly level, where are our monthly premium arrays?

Well, you have a breaker here, so we frame that.

So there's a mood that we can look up to for a monthly level.

So we have both our monthly discount and premium.

This is our monthly range.

This is our range for trading the monthly range.

In other words, what's our probable range of probability or profitability where

would be expect to see moves, take place.

We take that range and we apply it to a weekly.

And refine that down into that individual weekly PD arrays in terms of.

Premium array.

So we have here weekly premium arrays outlined.

I didn't put every single one of them on there just to keep the chart clean.

So that way we can go through and have many examples, uh, for

your study, go through and find out where all the other ones are.

Okay.

Go through the individual weekly chart and monthly chart.

And you can see how price had respected.

A lot of the other ones too, that aren't being used here, but I

just gave you the obvious ones.

I use rejection blocks here for weekly premium.

So when price broke away from that 100, 4 35 level and started expanding,

reaching up into that 1860 level, that weekly premium array, it had

three lesser, lower, weekly premium arrays, old lows seen through 2014

going into 2015, and then we saw.

Rejection block around the one 11 level.

And then we saw another rejection block around the 1 0 6 big figure as noted here.

So they're all objectives are where price should reach up to.

So if you look at that, it's still a great deal of opportunity between just those

four premium arrays on a weekly chart,

dropping down into a daily chart, you can see a little bit more detailed.

And how price had reached from the 1 0 4 35 up to the each one of

those weekly premium arrays, all being catalysts for higher prices.

Now we got into a four-hour chart.

We can start applying all of the order, block theory and rejection block theory.

And we're also incorporating now the day of.

Filter, which is Monday, Tuesday, Wednesday.

So I've shaded where every Monday, Tuesday and Wednesdays range is, and I'm also

highlighting or blocks for bullish by, and I'm also highlighting mitigation and

I'm also highlighting rejection blocks.

All of these are discount arrays and the red shaded area up as a one eight.

70 level or thereabouts, that's the premium array on a weekly

basis that we're reaching for.

So how many buying opportunities did you see here?

Six one each week.

Let's break it down a little bit more detail again, taking all the

unnecessary things off the chart and you can see how price has moved.

Right.

Uniformly and systematic each new week, giving you buying opportunities.

And now we'll add all the individual day dividers.

And I want you to take a look at something as the weekly ranges defined

by the double line vertical dash lines.

Okay.

That delineates the Sundays.

So everything to the right of those double vertical lines that are

dashed, that represents a Sunday.

To the right of it.

You had Monday, Tuesday and Wednesday shaded notice how the lows of

the week are generally formed in Monday, Tuesday and Wednesday.

In this context, also notice that when you see the high that's formed between

Monday and Wednesday, say for instance, that there's a high that forms, uh, during

the Monday through Wednesday range, when that high is taken out intro week, this.

Because price will tend to expand aggressively towards the monthly

and or weekly premium array.

And it's reversed if it's bearish.

So what we're doing is we're looking for the Monday through Wednesday

range every single week when that is bullish underlying in the market.

And if you break that range, that's defined by technically Sunday's opening,

but just for the sake of keeping things, Jermaine and consistent.

Cause I did mention how we didn't really refer to Sundays.

Uh, you can use Sunday for completeness sake, but from a Monday's opening to

Tuesday and Wednesdays range, whatever the highest high is when month when,

when the markets are bullish, if that highest broken, intraweek say

for instance, on Thursday or Friday, generally, that is indicative of an

aggressive confirmation that we're going to be moving to our premium array that

we were looking for, or identify that.

And then everything that you see here would just be reversed for bearish

markets Monday through Wednesdays range.

If that is broken, when it's bullish, the high that's formed between Monday

and Wednesday, that is a confirmation that you are in a buy program and the

markets will expand aggressively to reach for your higher level premium array.

When the markets are buried.

The load is formed between Monday through Wednesday, if that is broken on an

intro week basis, that is confirmation that you are an aggressive sell off

sell program and your longterm higher timeframe, discount or rate at you're

aiming for is a high probability condition that's going to reach for that may not

happen that week, but you're gonna keep looking for the next week to be bullish

where bears respectively based on that.

So hopefully you found this teaching insightful.

We're going to be building on a lot of these ideas and a lot more detail leading

into the ultimate delivery of one shot.

One kill on him in a process oriented rule-based breakdown.

What you do from beginning to end to execution until next session.

I wish you good luck and good trading.