All language subtitles for 032317_recap EN (M)

Although folks, you're looking at the
dollar index, this is a daily chart.

And so far we have an inside day, this
lowest higher than yesterday's low

hotties, lower than yesterday's high.

So we could potentially see a
little bit of blue, but tomorrow.

It may shoot down and take out the
bodies of this rejection block.

Maybe challenge the body dive point 22.

We trade up.

We'll probably just test this low.

I don't see them try to come all the
way back up to the buy-side liquidity,

at least not for the rest of the week.

And that may be a catalyst
for next week's trading.

If we trade below the
low of the body's over.

Or the like 22, that could be a potential
run up into the buy-side liquidity, even

if it's going to be a longer term lower,
but let's take a look at the hourly chart,

the last two days, price action on the
dollar, and you can see why it's been

very difficult to find any real setups.

The bark is, this is
simply going sideways.

You would think this is actually.

And this is like the summer doldrums
and it's making it very difficult for

setups to be shared and executed on

you're.

A dollar has a folder blocked out here as
a draw price fell aside that liquidly 85

ID looking for as a downside objective.

It may not stop there maybe to go down
to the middle of the body of the case.

But for dad, we're looking for
85 90 as a downside objective

Euro dollar buy-side side
liquidity, still arresting above.

We've had price trade down
two times of this candle.

Yesterday's attempt to trade into it.

Today's with a little bit
more reaction off of the.

We have south side liquidity resting at
1 35 below the body of these candles.

We bet you, there were a lot of equal
bodies and he said, this whole little

section of price action is a big pocket
of self stops, uh, expected, but get

this trade a little bit higher than
it did today, but it didn't do it.

Let's go into an hourly chart for Euro.

I could see,

and he's trading

very little in terms of
movement and yesterday as well.

So we only just drifted down.

We have a clearly void in here.

That may be where we'll end up
dropping down into tomorrow.

If we see any firmness on the dollar
or if it stays it consolidation and

they want to drop the Euro down into
this level, one, hearing clear that in.

So mostly this little area here,
Bryce, relative to the hourly chart.

It's been tried several times today to
get down below the water seven 80 level.

Every time it did it, it comes
right back up to the middle.

If you look at the middle of the
rage, you'll see that, uh, this, this

thing stagnant, the middle of there.

We're all dealing range right
there in equilibrium to very

little work on the upside.

Lots of attempts to go low.

Uh, I don't know if this is going
to be building some false evidence

that this is support for Megan.

Therefore we don't push it higher and
clear the highs, which it could do that.

Uh, or is this indicating that they're
actually distributing price and they

keep holding in here because Euro
pound is the trade and they've allowed

the cable to go higher to the whole.

Euro in a range like renewing and
allowing cable to trade higher, push

European lower to that objective.

We just mentioned let it go other Roth,
but no real trades, uh, that could

be executed, uh, with any measure of
efficiency in this type of action.

20 PIP ranges folks is this next
to impossible to see profitability.

Cable price still reaching up into
that 25 60 level we've identified as

a buy-side really poor, um, watching
get the support as they could, that

we would probably run it today.

Uh, did didn't have any more
steep that could happen tomorrow?

It gets there and we'll probably
see a nice little reaction, uh, as

a sell to 25 60 still upside draw.

Cable on it's ally chart.

You can see this as well.

Sloppy, press higher.

It says publishing everyone
that wants to sell short cable.

So without any real clear path

looking for a long entry, I
don't like this type of accident.

My gut told me that it wants to go higher.

And as I indicated yesterday,
25 60 is the target.

I just don't feel comfortable buying
this pair at the levels that it's in.

If it rejects, it's going
to be grit, aggressive and

can go rather sharply lower.

And I don't want to get caught in that

dollar CAD.

It's stuck in a range as well.

We can't find it's way higher or lower.

And Aussie dollar came down and
closed in our fair value gap.

Liquidity void.

The next level is come down
to here at the 75 95 level.

I could stop at 76, 10 for short-term
older bounce, but we're looking for.

The 75 95 level as an objective, because
see that liquidity would be traded through

in here relative to the alley chart
and the unfilled range still exposed.

So we could see this market trade lower
going into Asia tonight in Australian

session, going to the 76 0 5 level.

Uh, that 76 80 level I gave you the
other day as a potential secondary entry

for shorts, taking this down to 76 35
as our first objective, and then 76 0 5

being our downside objective was nice to
see that traded to a yesterday, but no

execution on not part with this trade.

So that's it real quick today?

Sorry, I haven't been very active, but,
uh, I am building slides for the teachings

for, uh, lessons seven and eight.

So that way I can get them
done quick, as I possibly can.

When my voice comes back, I will be
working all this weekend on it, so

I can, I will produce the videos and
share them and I won't be doing any

weeding for next week's set either.

It'll be, as I make the video.

I'll release it so that we have
time to look at it until tomorrow.

I wish you good luck and good trading.