Original subtitles

Welcome back to lesson two of the short-term trading March, 2017.

Seq mentorship content.

This lesson is defining the weekly range.

Okay, before we get into this, let me preface it by saying, this is

one of the lessons that if you just look through it quickly and not

paying much attention to it, it's going to look rather, uh, ambiguous.

It's going to seem unfruitful, but its impact is shown.

Solidified really by you going through price data and seeing

these profiles unfold in hindsight, seeing how they operate, how they

unfold and the conditions that I'm giving you, how they are always

generally precursors to them before.

So the classic Tuesday, low of the week.

Okay.

This is a market profile that is generally bullish.

So you're already looking for bullish prices anyway.

And what you're looking for is manipulation in the form of price,

hovering above a higher timeframe discount or Ray on Monday, then drops

into a higher timeframe discount array on Tuesday to form the local.

How to anticipate this, you have to know the higher timeframe discount

arrays, and when the market fails to drop into that array, odds are Tuesday.

We'll likely see the drive lower Tuesday, London open and or New York session.

Okay.

The next one is the classic Tuesday high of the week.

This market profile.

Is generally bearish, you already expecting lower prices.

And the manipulation you're expecting is when price is hovering below a higher

timeframe premium array Monday then rises into higher timeframe, premium Ray on

Tuesday to form the high of the week.

And you anticipate this forming by knowing the higher timeframe premium or.

And when the market fails to rise into that array, odds are Tuesday.

We'll likely see the drive higher Tuesdays London open and or New York session, just

like the classic Tuesday low the week.

Well, the classic high of the week, there can be another run higher

to make a higher high in the week for this profile than the highest

formed in the London session Tuesday.

So in other words, they can come back and run the London high out and still me.

For the classic Tuesday low the week, it can come back and make a

lower low in the New York sessions.

There's one caveat to, it has to be applied to both of them.

So have that in your notes.

Okay.

The next one is the Wednesday, low of week.

This is when you're generally bullish on the marketplace.

And the manipulation you're looking for is when price is hovering above

a higher timeframe discount array, Monday and Tuesday then drops into

the higher timeframe discount array on Wednesday to form the low of the week.

You anticipate this by knowing the higher timeframe discount arrays, and

when the market fails to drop into that, that Ray odds are Wednesday.

We'll likely see the drive lower Wednesdays, London open and or New York.

Monday and Tuesday can also be down days as well to form this profile.

Wednesday, London session low can be ran out on the Wednesday New York session, and

then it can create the low of the week.

So be, be aware that that can possibly happen as well.

The next one is the Wednesday high of week.

This profile is generally bearish.

You already looking for lower.

And the manipulation you're expecting is when price is hovering below a

higher timeframe, premium array, Monday and Tuesday then rises into

that higher timeframe, premium array or Wednesday to form the high of the week.

You anticipate this by knowing the higher timeframe premium arrays,

and when the market fails to rise into that array, odds are Wednesday.

We'll likely see the drive higher Wednesdays, London open and or New York.

Monday and Tuesday can be updates as well to form this profile.

Just like we mentioned before Wednesday, low week, the London open high on

Wednesday can be ran out on Wednesdays, New York session and still create the high

of the week to have that in your notes.

Okay.

The next one we have is consolidation Thursday.

This is a generally bullish market condition.

So what you're looking for the manipulation is we're going to

be looking for consolidation Monday through Wednesday.

Then price runs the introd week low and rejects it, forming a market reversal.

The key is it's consolidating.

It's not only going higher or lower Monday through Wednesday.

How do you anticipate this?

As you have to know the higher timeframe discounts.

And when the market fails to drop into that array, odds are Thursday.

We'll likely see the drive lower Thursday on a market driver news and

or rate release late New York session.

And this is typically around the two o'clock Eastern standard time or 2:00 PM.

New York time.

Okay.

Consolidation Thursday, reversal for a bearish market.

The methylation you're looking for is consolidation Monday through Wednesday,

then it runs the entire week high and rejects it, forming a market reversal.

You anticipate this by knowing a hard timeframe, premium arrays.

And when the market fails to rise into that, Odds are Thursday.

We'll likely see a drive higher Thursday on a market driver news or rate release

late New York session around 2:00 PM.

New York time.

Now just like we saw for the bullish consolidations or as they reversal.

This is generally on rate announcements FLMC or interest rate adjustments.

Okay.

Consolidation midweek.

This is a bullish market profile already expecting higher prices.

When you're looking for this, the manipulation you're

expecting is the consolidation.

Monday through Wednesday, then runs the entire week high and

then expands higher into Friday.

How to anticipate when the market is bullish and has yet to run to

the premium array on the higher timeframes, it has recently rallied

from a discount array and simply paused without any bears, reversal prices.

Indicating prices about to expand higher for the premium array

consolidation.

Mid-week decline.

This is a bearish market profile.

You're already expecting various prices.

And the manipulation you're looking for is when prices consolidating Monday

through Wednesday, then runs to enter week low and expands lower into Friday.

You anticipate this profile.

When the market is bearish and has yet to run the discount

array on the higher timeframes.

And it has recently declined from a premium array and simply pause

without any bullish reversal price action, indicating prices about to

expand lower for the discount rate,

seek and destroy bullish Friday.

This is a neutral or low probability mark approach.

The telltale signs the manipulation is taking part in this profile

is where prices consolidating.

Monday through Thursday, running shallow stops under and above the entire week.

Highs and lows then runs the entire week high and expands higher into Friday.

How to anticipate it when the market is awaiting interest rate announcements and.

Non-farm payroll can create this profile in the summer months of July and August.

It's better to avoid trading these conditions all together,

seek and destroy bears.

Friday.

The profile again is neutral.

Low probability manipulation is seen by price consolidating Monday

through Thursday, running shallow stops under and above the entry week.

Highs and lows then runs the intro week.

Low expands, lower into Friday.

How to anticipate it when the market is awaiting interest rate

announcements or non-farm payroll can create this profile in the summer

months of July and August, it's better again, to avoid these conditions.

Wednesday, weekly reversal.

This market profile is.

Are you expecting higher prices?

The main reaction you're looking for is we're in prices consolidating Monday

through Tuesday and drives lower into a higher timeframe discount, or way to

induce cell stops, then strongly reverses.

How do I anticipate this?

When the market is trading at a longterm or intermediate term, low

price we'll pair institutional buying with pending sell side liquidity or

traditionally known as a sell stock.

Wednesday weekly reversal profile thereish.

You aren't expecting lower prices.

The manipulation you're expecting is when prices consolidating Monday

through Tuesday and it drives higher into a higher timeframe premium array to

induce by stops, then strongly reverse.

How to anticipate this when the market is trading at a longterm or intermediate

term, high price will pair institutional selling with pending buy-side liquidity,

or as otherwise known a buy stop rate.

Now it may seem rather simplistic to go through this squiggly line

and a few comments, but the impact is going to be really appreciated.

And your understanding when you go through price action with

a one hour chart, go through.

Any segment of time, go back as far as you want.

Okay.

And I want you to break down price and define these moves

in what you're seeing in price.

And then look at the characteristics of what is going on prior to

these market profiles forming.

And you're gonna see a recurring theme that generally the characteristics

that we have outlined here are precursors to these market model.

So, hopefully this has been insightful to you and we won't be guilt giving

you more insights about this.

When we start looking at the market maker templates, and we'll be referring back

to these as well, we use PDA rays, and if the data ranges until next lesson,

we should be looking good trading.