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1
00:00:02,140 --> 00:00:02,800
Welcome back.
2
00:00:02,830 --> 00:00:03,730
Good morning cooks.
3
00:00:05,440 --> 00:00:07,780
We have the economic calendar
in front of us today.
4
00:00:08,530 --> 00:00:14,980
We have a very, very light New
York session in terms of news.
5
00:00:14,980 --> 00:00:22,000
There's basically nothing nothing's
going on today and in the recession,
6
00:00:22,000 --> 00:00:25,210
as far as economic data, that
would draw any intention of mine.
7
00:00:26,620 --> 00:00:29,740
So we're seeing the effects
that I mentioned yesterday.
8
00:00:30,010 --> 00:00:34,210
When we started brand new month, first
day or two, or usually consolidations
9
00:00:34,210 --> 00:00:37,990
the days you still have to take and see
if there's consideration, take a trade,
10
00:00:39,220 --> 00:00:44,470
but let's take a look at the market as
a whole, one more time to the charts.
11
00:00:53,680 --> 00:00:54,010
Okay.
12
00:00:54,010 --> 00:00:56,830
You should be seeing the dollar index.
13
00:01:02,190 --> 00:01:02,820
Thank you for that.
14
00:01:05,390 --> 00:01:05,750
Okay.
15
00:01:05,750 --> 00:01:11,480
So we have, we've got an outline provided
to you by way of the forum last night,
16
00:01:11,570 --> 00:01:15,380
and this was a continuation into London.
17
00:01:15,380 --> 00:01:18,500
So this is the syrup that we're
watching to see if it will unfold.
18
00:01:19,940 --> 00:01:21,950
I gave you a scenario where
we'd have the opening prices.
19
00:01:21,950 --> 00:01:25,580
Your GMT price would come
down, hit this level here.
20
00:01:25,580 --> 00:01:28,340
I was pretty close in regards to that.
21
00:01:28,340 --> 00:01:29,120
We did get the bounded.
22
00:01:30,360 --> 00:01:33,059
And the short-term price went
here that we measured and
23
00:01:33,059 --> 00:01:34,380
we're still inside that range.
24
00:01:35,100 --> 00:01:37,289
Uh, we worked several times
while the opening price.
25
00:01:37,289 --> 00:01:41,759
We did it here, here, here, here
in that we're back above it.
26
00:01:42,119 --> 00:01:43,259
So we're in a new session.
27
00:01:43,830 --> 00:01:47,130
Stops have been left in tact
above these two highs here.
28
00:01:47,669 --> 00:01:51,360
There's still maybe one more little
punch to go higher per dollar.
29
00:01:51,960 --> 00:01:58,020
And that should help the Euro dollar
short idea that I was proposing to.
30
00:01:58,020 --> 00:01:59,369
We have a higher, low in here as well.
31
00:02:00,179 --> 00:02:05,100
And it bounced off of equilibrium based on
the price range is this low to this high?
32
00:02:05,579 --> 00:02:05,669
Okay.
33
00:02:05,669 --> 00:02:12,329
So what I did was I mapped out the
London session using zero GMT and
34
00:02:12,329 --> 00:02:17,940
the idea top in April's content using
the price swings, previous intraday.
35
00:02:19,859 --> 00:02:23,100
So on the dollar we saw
price come down here, reject.
36
00:02:23,490 --> 00:02:28,859
We saw a stopper on yesterday, below here,
and then reject our ideal scenario is a
37
00:02:28,859 --> 00:02:31,079
seek the liquidity at these buys stops.
38
00:02:31,109 --> 00:02:33,690
That's what I think the
larger draw is on price.
39
00:02:34,230 --> 00:02:37,740
So even if we stay consolidated
the rest of the day tonight, I
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00:02:37,740 --> 00:02:40,140
still will be looking for something
very similar to what we did here
41
00:02:40,140 --> 00:02:42,660
today for a run on the buy stocks.
42
00:02:42,660 --> 00:02:46,630
$1, you can't see my mouse.
43
00:02:48,570 --> 00:02:49,860
We will see it in recording though.
44
00:02:50,160 --> 00:02:53,510
I'm not sure why it doesn't show up
on here, but you can clearly see that
45
00:02:53,510 --> 00:02:56,690
it's it's delineated on the chart
to by stops down the left hand side.
46
00:02:59,440 --> 00:03:05,800
Okay, so let's move on over
to Euro dollar trade here.
47
00:03:07,240 --> 00:03:08,740
So I framed this out as well.
48
00:03:08,950 --> 00:03:14,230
Uh, we had the price swing from this high
down to this low used, and we were looking
49
00:03:14,230 --> 00:03:17,560
for premium in here to provide a cell.
50
00:03:18,970 --> 00:03:21,130
It's dabbed up a little bit beyond that.
51
00:03:22,240 --> 00:03:26,170
Worked the opening price once twice.
52
00:03:26,560 --> 00:03:31,060
Now we're slightly above it in here
now with the neutral dollar as well.
53
00:03:32,200 --> 00:03:38,190
So what I want to do is I
want to actually move to the
54
00:03:38,190 --> 00:03:39,660
sidelines cause we've got no news.
55
00:03:39,660 --> 00:03:41,040
It's going to potentially be a driver.
56
00:03:41,400 --> 00:03:44,040
We have no directional bias.
57
00:03:44,040 --> 00:03:45,290
Now we're still in consolidations.
58
00:03:45,290 --> 00:03:47,640
So we're going to work the
same scenario unless something
59
00:03:47,640 --> 00:03:48,930
changes the rest of the day.
60
00:03:49,350 --> 00:03:52,350
I'm going to look for the same
scenario unfold for tonight.
61
00:03:52,920 --> 00:03:58,290
So if you have, if you have anything on
your dollar now move to the sidelines.
62
00:03:58,530 --> 00:04:01,650
Don't look to take another trade,
move to the sideline right now,
63
00:04:09,810 --> 00:04:16,200
if we go over to Euro pound, Euro
pound came up to the 60% chase
64
00:04:16,200 --> 00:04:20,730
level up here, they found a premium
level based on the range of.
65
00:04:22,125 --> 00:04:25,965
This high down to this low,
we want to Bob equilibrium.
66
00:04:26,295 --> 00:04:27,675
So we are in premium here.
67
00:04:27,975 --> 00:04:31,365
We did see some movement that would
support a lower Eurodollar, but
68
00:04:31,365 --> 00:04:36,795
the problem is, is we saw strength
come in on pound to pound, came
69
00:04:36,795 --> 00:04:38,955
down, took some stuffs out here.
70
00:04:39,285 --> 00:04:40,695
Actually it was last
night looking at this.
71
00:04:40,695 --> 00:04:42,885
I didn't share it with you, but I
was looking for this gap in here
72
00:04:42,885 --> 00:04:44,865
to close and it never made that.
73
00:04:45,345 --> 00:04:47,715
So if I would have been short
looking for that objective,
74
00:04:47,985 --> 00:04:48,885
I never would have got that.
75
00:04:49,275 --> 00:04:54,375
So in full transparency and disclosure,
that level was anticipated on my own
76
00:04:54,705 --> 00:04:56,205
time, own notes, but it never got there.
77
00:04:56,625 --> 00:05:01,155
But this strength here is what messed
up the Euro pound, which also took the
78
00:05:01,155 --> 00:05:03,795
strength from the Eurodollar short.
79
00:05:04,905 --> 00:05:05,265
Okay.
80
00:05:05,865 --> 00:05:11,565
So these areas are still in play or
looking for the on the cell stops.
81
00:05:12,255 --> 00:05:15,945
I'd rather see it stay in a real nice
tight consolidation again, because
82
00:05:15,945 --> 00:05:19,595
that way we'll have a, probably
a, a much stronger scenario on 14
83
00:05:19,595 --> 00:05:21,465
tonight and to Asia and the London.
84
00:05:21,465 --> 00:05:22,785
So we'll be doing the same thing.
85
00:05:23,265 --> 00:05:27,675
I'll outline it again, put it in a
chart format and I'll give you the
86
00:05:27,675 --> 00:05:35,315
scenarios I'm looking for as well,
but let's go over to Aussie dollar.
87
00:05:36,275 --> 00:05:41,585
Uh, we saw the completion of the
market maker by profile and came up
88
00:05:41,585 --> 00:05:43,265
here and hit the stops as we outlined.
89
00:05:46,565 --> 00:05:47,615
And then we saw retracement.
90
00:05:49,050 --> 00:05:51,690
I know some of you have
shorted up here today.
91
00:05:53,130 --> 00:05:54,050
You were sending me tweets, right?
92
00:05:54,060 --> 00:05:54,990
For the start of assessing.
93
00:05:54,990 --> 00:06:01,289
So congratulations on that, but I have no
play on all the dollar and I have nothing
94
00:06:01,289 --> 00:06:03,870
on dollar cash, dollar cash, also neutral.
95
00:06:04,260 --> 00:06:06,659
It's staying in a range, just
like we mentioned the first
96
00:06:06,659 --> 00:06:07,710
two trading days of the month.
97
00:06:08,010 --> 00:06:10,440
Generally, if they start on a
Monday and Tuesday, you'll get
98
00:06:10,440 --> 00:06:14,130
this classic scenario a pound.
99
00:06:14,549 --> 00:06:16,890
It most likely will want to go
back into the middle of range,
100
00:06:16,919 --> 00:06:20,400
closing around 1 28 95, 1 28 93.
101
00:06:21,090 --> 00:06:22,950
Uh, that probably see
where we closed today.
102
00:06:23,460 --> 00:06:28,409
Um, again, Euro dollar,
no movement at all.
103
00:06:28,469 --> 00:06:29,820
No movement whatsoever.
104
00:06:29,880 --> 00:06:36,690
Um, I got really interested last night
because I saw it break down gray here
105
00:06:36,690 --> 00:06:39,539
on this leg here, and I say, okay,
they held it up there for awhile.
106
00:06:40,260 --> 00:06:40,950
One more time.
107
00:06:41,159 --> 00:06:41,820
Fake pass.
108
00:06:41,849 --> 00:06:43,229
Like you're going to take a new high out.
109
00:06:43,830 --> 00:06:47,250
No, it's just stopped dead in his tracks.
110
00:06:47,729 --> 00:06:48,960
Get one more time below here.
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00:06:48,960 --> 00:06:50,580
And now we're back in the
middle of the range for today.
112
00:06:50,580 --> 00:06:54,630
So if we went through an entire London
session like that, and we haven't seen
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00:06:54,690 --> 00:06:58,530
any real set up going into New York and
it's eight now it's eight 15 almost.
114
00:06:59,039 --> 00:07:03,570
So we're eight an hour and 15 minutes
into the New York session with no.
115
00:07:05,160 --> 00:07:06,570
It's just better to move to the sidelines.
116
00:07:06,750 --> 00:07:08,070
It's probably not going
to have the volatility.
117
00:07:08,120 --> 00:07:09,150
They give us a payment.
118
00:07:09,600 --> 00:07:11,790
So this scenario still remains the same.
119
00:07:12,450 --> 00:07:15,210
We're looking for a fair game,
fair value gap here and here to
120
00:07:15,210 --> 00:07:18,510
be filled ADR today's 55 pips.
121
00:07:18,930 --> 00:07:23,010
Um, what I was looking for
is this scenario, very close
122
00:07:23,010 --> 00:07:24,270
to what we're seeing here.
123
00:07:24,270 --> 00:07:27,330
I was hoping that this would've been
a high today, and then we can project
124
00:07:27,330 --> 00:07:36,450
down 55 pips and then look for a
potential run on this low, over here,
125
00:07:36,690 --> 00:07:37,920
taking out the liquidity as well.
126
00:07:38,190 --> 00:07:42,450
That gap from two Sundays
ago still has my interest.
127
00:07:42,450 --> 00:07:46,230
I want to see if we have any
breakdown this week to get to that.
128
00:07:46,230 --> 00:07:49,620
And we may end up having to punch
higher to get people tripped up on the
129
00:07:49,620 --> 00:07:51,630
wrong side and then send that lower.
130
00:07:52,770 --> 00:07:55,020
So I'm looking for that
scenario this week to unfold.
131
00:07:55,020 --> 00:07:58,740
I'm looking for, um, a reason
to be short Eurodollar.
132
00:07:58,830 --> 00:07:59,580
Let's just put it that way.
133
00:08:01,590 --> 00:08:07,260
Um, I try not to use Sunday if I can.
134
00:08:07,890 --> 00:08:10,710
Um, there's a couple of different ways
you can do an average daily range,
135
00:08:10,740 --> 00:08:14,760
but you should be seeing 55 pips on
average daily range on four XLT D.
136
00:08:27,095 --> 00:08:30,155
I'm going to teach you the, uh, the
difference between the Judas that
137
00:08:30,155 --> 00:08:36,275
seen in the zero GMT hour start
and the midnight candle, but that's
138
00:08:36,305 --> 00:08:37,235
got to come into your lessons.
139
00:08:37,235 --> 00:08:38,885
I'm not going to teach it before
we get into that because it
140
00:08:38,885 --> 00:08:39,905
takes the whole lessons away.
141
00:08:42,095 --> 00:08:42,455
All right.
142
00:08:42,455 --> 00:08:42,965
So
143
00:08:47,195 --> 00:08:48,305
I get a new chairman.
144
00:08:48,305 --> 00:08:48,815
I hate this.
145
00:08:48,815 --> 00:08:51,725
I'm sitting here with shorts on
and I have a leather chair and
146
00:08:51,725 --> 00:08:53,465
everyone said we are a finisher.
147
00:08:53,465 --> 00:08:55,115
Wasn't turned down low enough.
148
00:08:55,535 --> 00:08:57,545
And I got really warm to my skin.
149
00:08:57,545 --> 00:08:59,195
Sticking to this chair is nasty.
150
00:08:59,195 --> 00:09:00,005
I can't stand that.
151
00:09:01,955 --> 00:09:02,255
All right.
152
00:09:02,255 --> 00:09:11,975
So again, we got nothing for dollar CAD,
nothing on Aussie dollar, all dollar
153
00:09:12,005 --> 00:09:19,775
looks like it could come down to if you
are short and we can get to this high
154
00:09:19,775 --> 00:09:25,255
in here, which would come in at 75 10.
155
00:09:25,765 --> 00:09:29,185
So if we touch 75, 10, you want
to be taking something out.
156
00:09:29,185 --> 00:09:30,385
I almost got to it here.
157
00:09:30,385 --> 00:09:35,855
It looks like you almost got one PIP away
from it, but you definitely want to be.
158
00:09:38,125 --> 00:09:41,935
I take something now, if you're short,
because we're below this low in here.
159
00:09:43,550 --> 00:09:45,830
And may not even get down to
that, that level here again.
160
00:09:46,310 --> 00:09:49,520
So if you are short, take some,
take a big portion of it off and
161
00:09:49,520 --> 00:09:52,880
move to the sidelines and let
the rest of your trade pan out.
162
00:09:52,880 --> 00:09:57,500
But a little disappointed, I
thought for sure that we were
163
00:09:57,500 --> 00:10:00,620
going to see a little bit more
breakdown going into, to New York.
164
00:10:00,620 --> 00:10:01,220
We didn't get it.
165
00:10:01,880 --> 00:10:09,920
Um, again, as a reminder this week,
we'll be seeing the outlines provided
166
00:10:09,920 --> 00:10:11,660
the same way that you saw last night.
167
00:10:12,200 --> 00:10:16,430
If there's going to be a really decent
one, that's out and other additional
168
00:10:16,430 --> 00:10:20,014
information, you'll need to know that
changes from when I post it around 8, 15,
169
00:10:20,015 --> 00:10:28,910
8, 20, that we'll be coming in, we have
a pre-market recording and it'll probably
170
00:10:28,910 --> 00:10:30,080
be like a four or five minute video.
171
00:10:30,620 --> 00:10:33,710
So, and all I'm gonna be doing is
outlining how I'm going to play the
172
00:10:33,860 --> 00:10:38,569
London, but I'm not encouraging you to
follow that the second half of this month,
173
00:10:38,569 --> 00:10:42,680
I want you to do exactly what I'm saying
I'm doing with my demo, but I'm going
174
00:10:42,680 --> 00:10:44,390
to provide you a pre-market analysis.
175
00:10:44,390 --> 00:10:46,160
I know some of you are going to say,
well, I'm going to do what you're
176
00:10:46,160 --> 00:10:50,990
doing, but try to work out your own
scenario, use your own entry, use
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00:10:50,990 --> 00:10:54,829
your own stock, use your own first
take profits and all that business.
178
00:10:55,490 --> 00:10:56,810
But I'll be sharing that with you.
179
00:10:56,810 --> 00:10:58,550
If it's a London set
up, it's really strong.
180
00:10:59,060 --> 00:11:05,180
But apart from that, I really don't
have anything else to discuss this
181
00:11:05,180 --> 00:11:09,650
morning, unless you have some questions
that were germane to this set up here.
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00:11:11,069 --> 00:11:13,199
I'd be willing to answer there, but
I don't have, I don't want to provide
183
00:11:13,199 --> 00:11:18,209
anything new because I want to really
focus on the setups and let the
184
00:11:18,209 --> 00:11:19,520
lessons speak for themselves as much.
185
00:11:23,849 --> 00:11:29,010
Where was my original stock
on here at Allen free up here?
186
00:11:29,370 --> 00:11:33,689
This is, this is a 33 pips from
the opening price at zero JMT.
187
00:11:34,859 --> 00:11:39,790
So my stock was up here one to 9 42.
188
00:11:43,569 --> 00:11:45,189
No, I went into market.
189
00:11:45,880 --> 00:11:46,689
It wasn't a minute order.
190
00:11:48,790 --> 00:11:55,660
I stayed up my wife and I, we have to
plan our latter portion of our week.
191
00:11:56,469 --> 00:12:00,520
So we stayed up for good deals last
night, getting all that together and
192
00:12:00,520 --> 00:12:03,579
stuff and getting things packed up.
193
00:12:06,160 --> 00:12:12,670
No, right now I would not be in the trade
chase and we just neutralized it and go
194
00:12:12,670 --> 00:12:15,550
back to the dollar index dollar index.
195
00:12:15,550 --> 00:12:16,060
Hasn't moved.
196
00:12:16,060 --> 00:12:17,349
We had the respect off that level.
197
00:12:17,349 --> 00:12:19,780
We called, but we not going to middle.
198
00:12:19,780 --> 00:12:22,630
So we didn't get through this short
term high, which we necessary.
199
00:12:22,990 --> 00:12:24,400
We didn't see it happen in London.
200
00:12:24,459 --> 00:12:27,520
We didn't see it happen in the
first hour of New York, which
201
00:12:27,520 --> 00:12:30,219
would be really high probability
scenario to see it continue to run.
202
00:12:30,219 --> 00:12:36,910
The buy stops seen on April 26th and
27th as outlined on your chart here.
203
00:12:37,810 --> 00:12:39,219
So we moved to the sidelines.
204
00:12:40,755 --> 00:12:45,005
Um, well, there's a lot of questions.
205
00:12:48,125 --> 00:12:52,675
Uh, I didn't catch any news by way
of Trump and any comments he made.
206
00:12:52,865 --> 00:12:54,635
Um, honestly, this weekend.
207
00:12:54,635 --> 00:12:58,564
And so far this week, I've been
preoccupied with taking our
208
00:12:59,525 --> 00:13:01,985
son down south to get whatever
he's got to get done with him.
209
00:13:02,225 --> 00:13:06,005
It's already three pips is
basically one third of the average
210
00:13:06,005 --> 00:13:07,385
daily range of a hundred PIP day.
211
00:13:08,525 --> 00:13:12,605
And I think if I'm not mistaken,
I've taught that somewhere.
212
00:13:13,025 --> 00:13:13,895
I've just made so many videos.
213
00:13:13,895 --> 00:13:14,704
I can't remember exactly.
214
00:13:14,825 --> 00:13:20,765
I mean, teaching, it's rare
to see a trade higher than 33
215
00:13:20,765 --> 00:13:22,595
pips from the opening price.
216
00:13:25,185 --> 00:13:29,954
And that's, you know, that's what I use
the 0.3, three trade 33 tips, which is
217
00:13:29,954 --> 00:13:32,204
basically 1 3100 pips average daily range.
218
00:13:32,235 --> 00:13:35,625
Not that it was a hundred PIP average
daily range expected today, but
219
00:13:35,625 --> 00:13:36,825
just generally my rule of thumb.
220
00:13:39,725 --> 00:13:41,765
Um, hang on one second here.
221
00:13:46,635 --> 00:13:52,485
Uh, thought zero GMT trading and only for
all the New Zealand and Japanese pairs.
222
00:13:53,055 --> 00:13:55,814
Why are you trading your
dollar with zero GMT?
223
00:13:56,444 --> 00:14:00,435
Um, I'm teaching the two entry
points that I use for, for trading
224
00:14:00,525 --> 00:14:04,545
and that's what they are dear
GMT, which is lifted new day star.
225
00:14:05,325 --> 00:14:09,285
And then you have dear Jan T I'm
sorry, dear Jen T, but just it's a
226
00:14:09,285 --> 00:14:10,965
new day beginning our star of the day.
227
00:14:11,595 --> 00:14:17,355
And then you have midnight, which is
true day based on the New York open.
228
00:14:17,865 --> 00:14:19,725
So that's the two scenarios.
229
00:14:19,725 --> 00:14:24,285
I'll look for the pairs that have the
highest probability of finding scenarios
230
00:14:24,285 --> 00:14:30,585
that really pan out well at zero G and T
is those there's three pairs or markets,
231
00:14:30,585 --> 00:14:33,285
the Aussie New Zealand and a Japanese yen.
232
00:14:33,795 --> 00:14:37,845
It doesn't mean that the other pairs
won't trade that stock that time of day.
233
00:14:38,775 --> 00:14:44,445
It just generally you see far less draw
down or movement or Judas occur in those
234
00:14:44,445 --> 00:14:48,375
three, all the New Zealand and Yan around
that eight o'clock hour in New York time.
235
00:14:51,305 --> 00:14:54,305
But if you, if you'd gone back over
your data, you'll see, there's plenty
236
00:14:54,305 --> 00:14:59,435
of examples where the majors apart
from the three I just named, they
237
00:14:59,435 --> 00:15:00,665
have really good setups as well.
238
00:15:06,265 --> 00:15:13,735
Um, is there any special configuration
for the ICT average daily range indicator?
239
00:15:13,885 --> 00:15:14,485
Uh, no.
240
00:15:14,755 --> 00:15:17,725
Is as long as it's at four
or five day, it's all it is,
241
00:15:17,965 --> 00:15:19,465
but I'll have that on there.
242
00:15:19,765 --> 00:15:20,935
There's a couple of different variations.
243
00:15:20,935 --> 00:15:23,215
I picked up on average daily range.
244
00:15:23,215 --> 00:15:24,895
I'll leave it to you to
decide which one you like.
245
00:15:25,675 --> 00:15:30,385
But I generally stick to the one that
I started with and I didn't create it.
246
00:15:30,395 --> 00:15:36,305
If someone was shared it with me on
the internet, Uh, did you enter after
247
00:15:36,305 --> 00:15:39,724
the spike or was, or with the spike
248
00:15:45,625 --> 00:15:50,275
once it punched through here and
came back up and touched this level
249
00:15:50,275 --> 00:15:52,795
again, as it was moving away from it.
250
00:15:53,244 --> 00:15:54,234
That's when I hit the cell.
251
00:15:58,535 --> 00:15:59,255
Um,
252
00:16:04,234 --> 00:16:06,815
why not hold through New York?
253
00:16:07,954 --> 00:16:14,375
Because the price action doesn't support
any there's no, there's no impulse leg.
254
00:16:15,214 --> 00:16:19,204
We're staying consolidated
really tight and getaway.
255
00:16:19,204 --> 00:16:20,765
This is the first week of the month.
256
00:16:21,064 --> 00:16:21,905
This is what you get.
257
00:16:22,204 --> 00:16:26,314
This is really, really classic price
action for the first week of a new month.
258
00:16:26,885 --> 00:16:29,675
So they were set up there.
259
00:16:29,824 --> 00:16:30,395
I took it.
260
00:16:30,484 --> 00:16:32,675
I outlined it, but we
didn't see any movement.
261
00:16:33,005 --> 00:16:34,145
So nobody really should've got hurt.
262
00:16:34,145 --> 00:16:43,805
But this one, even in demo, um, Y you have
an 89 PIP average daily range Muhammad.
263
00:16:45,365 --> 00:16:47,734
If you're using four X LTD, it
should not be eating nine pips.
264
00:17:05,930 --> 00:17:10,940
So if we wait for the London
Judas, man, you guys are fine
265
00:17:10,940 --> 00:17:11,840
about these questions though.
266
00:17:12,530 --> 00:17:12,920
Hold on.
267
00:17:14,810 --> 00:17:19,520
So if, if we wait for London,
Judas, we can have the same stop
268
00:17:19,520 --> 00:17:24,530
level, but our stop loss is less
since we bought at a bit higher.
269
00:17:24,560 --> 00:17:25,340
Is that correct?
270
00:17:33,580 --> 00:17:37,330
I'm not sure what you're
talking about there because we
271
00:17:37,330 --> 00:17:38,320
weren't buying anything today.
272
00:17:38,320 --> 00:17:42,310
We were selling, I
misinterpreted, I apologize.
273
00:17:46,760 --> 00:17:48,530
Zero GMT on Forex.
274
00:17:48,530 --> 00:17:51,560
LTD is eight o'clock around here.
275
00:17:53,920 --> 00:17:56,740
Why is it already answered that 1 33 pips?
276
00:18:01,760 --> 00:18:03,380
Um, well obviously we can say it.
277
00:18:03,380 --> 00:18:06,680
Wasn't a strong south now for this
hindsight, but going into it, it had all
278
00:18:06,680 --> 00:18:08,840
the hallmarks that could have unfolded
279
00:18:14,080 --> 00:18:16,030
are the exercises less fruitful.
280
00:18:16,090 --> 00:18:20,350
If you are not awake and you're
GMT, I wake up at five GMT.
281
00:18:20,350 --> 00:18:25,390
So can enter London either, or
I'm not trying to twist your arm
282
00:18:25,400 --> 00:18:28,120
Sebastian to do either one of
them, but to make you more rounded.
283
00:18:29,294 --> 00:18:33,855
That way you can see the setups that will
sometimes, may not be as clear in London
284
00:18:33,855 --> 00:18:36,554
because it happened in zero GMT, Asian,
285
00:18:45,975 --> 00:18:47,834
no we're not flying or driving.
286
00:18:51,165 --> 00:18:56,205
Um, would it make sense to use midnight
New York instead of midnight GMT,
287
00:18:56,294 --> 00:18:58,004
it often provides a better entry.
288
00:18:58,425 --> 00:19:00,375
That's pretty much basically
the same thing I answered.
289
00:19:01,004 --> 00:19:05,054
But to previous question, it's,
there's going to be times when
290
00:19:05,445 --> 00:19:09,794
London will simply not give you
a Judas, it'll just roll over.
291
00:19:09,885 --> 00:19:12,254
And the set up actually
occurred at the Asian session.
292
00:19:13,274 --> 00:19:14,324
So you have to be mindful.
293
00:19:14,324 --> 00:19:19,004
And if you remember, when I first started
talking about London, there's two times
294
00:19:19,064 --> 00:19:22,125
of the day, and it's what we're going
over here and a mentorship, but I just
295
00:19:22,125 --> 00:19:27,165
was very vague about the Asian session
now is because it's not an active session
296
00:19:27,195 --> 00:19:32,865
generally, but there are, there's our
conditions and characteristics about that
297
00:19:32,865 --> 00:19:37,754
time of day we'll pro that will permit
you to enter and not be up during London.
298
00:19:37,844 --> 00:19:41,445
You can frame all of what you would
expect to see in London in the Asian
299
00:19:41,445 --> 00:19:43,034
session, if the conditions are there.
300
00:19:43,274 --> 00:19:46,814
And last night, the conditions that
were outlined as you see here, but
301
00:19:46,814 --> 00:19:47,925
we didn't get any movement at all.
302
00:19:48,014 --> 00:19:49,935
It's basically staying in a tight range.
303
00:19:56,645 --> 00:19:58,205
Y end of market maker.
304
00:19:59,504 --> 00:20:07,635
On Aussie, why not retrace to optimal
and trees and long with given
305
00:20:07,635 --> 00:20:08,865
the conditions of the marketplace.
306
00:20:08,955 --> 00:20:10,545
We're in a big trading range.
307
00:20:10,545 --> 00:20:12,585
I mean, I look at, uh, look at the dollar
308
00:20:16,345 --> 00:20:19,825
we've been consolidating
with the gap, remained open.
309
00:20:19,885 --> 00:20:20,784
We haven't broke down.
310
00:20:21,175 --> 00:20:26,905
So that is a profile that indicates we
haven't seen any movement by the big boys.
311
00:20:27,685 --> 00:20:30,445
Apart from that gap opening that
sent us in this big, long trading
312
00:20:30,445 --> 00:20:33,835
range, we have not moved up to close
the gap and we have not broken down.
313
00:20:34,014 --> 00:20:39,085
So because we don't have any
continuation or insight from them
314
00:20:39,085 --> 00:20:40,795
on a longer term, directional bias.
315
00:20:41,905 --> 00:20:46,615
If we see a profile complete like market
maker buy or sell, when they complete
316
00:20:46,885 --> 00:20:49,375
neutralize the idea, go back to sidelines.
317
00:20:49,375 --> 00:20:52,405
Don't do anything more because you
don't know if it's going to continue
318
00:20:52,405 --> 00:20:55,345
up or if it's going to retrace
and go completely other direction.
319
00:20:56,935 --> 00:21:00,925
I don't have, I don't have a
long-term or weekly bias right now.
320
00:21:01,284 --> 00:21:02,605
And it's also the first week in a month.
321
00:21:02,605 --> 00:21:08,215
So we'll have your typical noisy news
releases that will probably be holding
322
00:21:08,274 --> 00:21:10,345
price and consolidation till we get to it.
323
00:21:12,145 --> 00:21:13,045
Um,
324
00:21:20,940 --> 00:21:25,110
What you outlined here on a 15 minutes
is exactly the same on daily and weekly.
325
00:21:25,530 --> 00:21:28,830
Um, I'm not sure what you're in.
326
00:21:29,700 --> 00:21:30,210
You can do.
327
00:21:30,280 --> 00:21:30,540
Okay.
328
00:21:30,540 --> 00:21:30,690
Yeah.
329
00:21:30,690 --> 00:21:34,710
I think I need to ask him, can you do
the same thing for like trading the
330
00:21:34,710 --> 00:21:41,950
weekly ranges and the, um, well, let's
leave at that weekly ranges here.
331
00:21:42,310 --> 00:21:45,129
If you look at a weekly chart and do
the similar things that we're doing
332
00:21:45,129 --> 00:21:50,710
here, looking at the most recent price
swing, uh, that will lead you to getting
333
00:21:50,710 --> 00:21:53,530
really good one shot, one kills, but
there's, there's other little subtle
334
00:21:53,530 --> 00:21:54,850
nuances that go along with that.
335
00:21:55,030 --> 00:21:55,960
But yet you're on the right track.
336
00:21:55,990 --> 00:21:56,500
Thinking like that.
337
00:22:04,860 --> 00:22:09,690
Yes, you can use point 33%
of the average daily range.
338
00:22:10,260 --> 00:22:13,740
But the problem is, is if we are in a
consolidation, you're going to learn that
339
00:22:13,740 --> 00:22:20,399
many times debt can be punched through
because of volatility, the stops maybe
340
00:22:20,399 --> 00:22:23,970
ran a little bit more aggressively and
then pulled way back to the middle.
341
00:22:25,080 --> 00:22:30,240
So when you're using a, for instance, if
we have a small average daily range, less
342
00:22:30,240 --> 00:22:34,169
than a hundred pips, and you're using 33%
of that, that's not giving you much in
343
00:22:34,169 --> 00:22:39,240
terms of a stop loss and that could easily
get snagged on a environment like that.
344
00:22:39,240 --> 00:22:42,720
Here, you can stop you out
and you can still go nowhere.
345
00:22:42,840 --> 00:22:44,040
So it takes your stop.
346
00:22:44,100 --> 00:22:45,510
It doesn't give you an
opportunity to get paid.
347
00:22:46,020 --> 00:22:46,710
Even if you stayed in the.
348
00:22:52,875 --> 00:22:56,775
Um, what makes sense to
use midnight New York?
349
00:22:56,895 --> 00:22:58,995
And I answered that one.
350
00:23:15,014 --> 00:23:18,465
Ideally we shouldn't trade this
due to know if our payroll and FMC
351
00:23:19,304 --> 00:23:24,855
this week, um, Kane, it's what you
would do with your drain only live
352
00:23:24,855 --> 00:23:30,345
funds, but since we're executing and
practicing on entries and such, we
353
00:23:30,345 --> 00:23:31,574
got to participate every single day.
354
00:23:32,205 --> 00:23:34,485
So that way you can see what
it looks like, how it set up.
355
00:23:34,574 --> 00:23:38,835
And then when we get past all of those
news drivers that you just mentioned,
356
00:23:39,225 --> 00:23:41,895
um, you'll see that the market's only
a little bit more fluid, hopefully.
357
00:23:47,895 --> 00:23:54,225
Um, why do you, why do I
refer to GMT in New York time?
358
00:23:55,304 --> 00:23:59,655
Uh, because as you can hear in
nine comments here, there's a lot
359
00:23:59,655 --> 00:24:04,064
of folks are referencing time in
their industry, in their individual
360
00:24:04,064 --> 00:24:08,024
respective brokers, because they're
looking at their live platforms and
361
00:24:08,024 --> 00:24:09,345
that's what causes the confusion.
362
00:24:09,345 --> 00:24:12,794
So I'm trying to draw everybody's
attention way back to the demo account
363
00:24:12,794 --> 00:24:14,264
you see here, which is four XLT D.
364
00:24:14,385 --> 00:24:14,595
So.
365
00:24:16,085 --> 00:24:17,925
Also where you're at in the
world, they're going to be
366
00:24:18,015 --> 00:24:20,415
forcing you to view price in time.
367
00:24:21,225 --> 00:24:24,045
The way I see it, the same
platform, same time, everything.
368
00:24:24,435 --> 00:24:28,305
So by calibrating that with New York
time you'll know exactly what I mean.
369
00:24:30,435 --> 00:24:32,445
It should have been easy enough
for me to stay in New York time,
370
00:24:32,475 --> 00:24:36,345
but a large number of you simply
won't get, get with the program.
371
00:24:37,005 --> 00:24:38,235
So I had to go interchangeably.
372
00:24:40,935 --> 00:24:41,775
Um,
373
00:24:45,735 --> 00:24:46,305
that makes sense.
374
00:24:46,305 --> 00:24:47,925
You use midnight New York and said,
375
00:24:52,365 --> 00:24:54,585
where do we get the average
daily range indicator?
376
00:24:55,365 --> 00:25:00,855
Um, I can put that up today on the
forum so you can download it and
377
00:25:00,855 --> 00:25:02,895
put it into your anti four platform.
378
00:25:03,555 --> 00:25:06,945
But, um, I'm sure there's a
lot of different variations.
379
00:25:06,945 --> 00:25:10,725
A lot of folks have used it and
done some coding with it and
380
00:25:10,725 --> 00:25:12,015
made different variations of it.
381
00:25:12,525 --> 00:25:15,435
Um, I've seen some of them.
382
00:25:15,785 --> 00:25:18,135
I haven't seen all of them,
but I've seen some of them.
383
00:25:18,735 --> 00:25:20,925
And I liked the one that
just gives me the lines.
384
00:25:20,925 --> 00:25:24,975
They would shoot for the targets
they move throughout the day.
385
00:25:27,105 --> 00:25:30,315
And then finally wants to hire a lowest
form deal while they'll pretty much
386
00:25:30,315 --> 00:25:34,275
give you a real good idea where the
opposite to enter the daily range.
387
00:25:34,275 --> 00:25:37,125
And it doesn't always cap
that daily range, but it gives
388
00:25:37,125 --> 00:25:38,175
you a good idea to hold for,
389
00:25:41,895 --> 00:25:44,565
um, will Williams percent RB.
390
00:25:46,575 --> 00:25:48,254
We'll be taught to us.
391
00:25:48,254 --> 00:25:51,795
Yes, they, are you going to using
that when we talk about sentiment?
392
00:25:53,145 --> 00:25:54,735
That's the only reason
why I use personal or
393
00:25:58,195 --> 00:26:03,895
yes, we'll be going over kids, uh,
Asian rain, setups, agent sessions.
394
00:26:09,745 --> 00:26:17,725
Um, yeah, I'm not sure why my cursor
shares up on, uh, I think it's probably
395
00:26:17,725 --> 00:26:25,075
a, um, an apple issue because anybody
that uses a laptop or computer, they
396
00:26:25,075 --> 00:26:30,205
can see my mouse moving around, but on
a smartphone or iPad, I usually get to
397
00:26:30,205 --> 00:26:32,034
folks saying they can't see my cursor.
398
00:26:41,985 --> 00:26:47,415
Yes, John, I used the daily line
box, um, empty for indicator, but
399
00:26:47,835 --> 00:26:49,425
we ain't got to that part yet.
400
00:26:52,225 --> 00:26:54,955
Get to understand what I'm looking
for to even use those things.
401
00:27:19,300 --> 00:27:19,750
Good job.
402
00:27:19,780 --> 00:27:21,430
I'll see a lot of you
actually participated,
403
00:27:26,830 --> 00:27:28,990
took really little time at all
off me to throw it together
404
00:27:28,990 --> 00:27:29,830
and put it up on the forum.
405
00:27:30,220 --> 00:27:34,720
I actually prefer that going
into a long-winded video.
406
00:27:45,250 --> 00:27:46,900
Um,
407
00:27:58,330 --> 00:28:01,060
it's the first of the month
occurs on Wednesday, Friday.
408
00:28:01,060 --> 00:28:03,220
We will see regular price action.
409
00:28:06,960 --> 00:28:07,320
Okay.
410
00:28:07,620 --> 00:28:10,530
You have to start the month begins
on a Wednesday through Friday.
411
00:28:11,040 --> 00:28:12,540
Are we going to see
normal price action guide?
412
00:28:12,540 --> 00:28:13,080
That looks the same?
413
00:28:13,410 --> 00:28:19,110
Um, you'll find that it generally
will, but always be in the lookout
414
00:28:19,110 --> 00:28:20,250
for the first week of every month.
415
00:28:20,820 --> 00:28:24,360
There being narrow consolidation
days until we get into like
416
00:28:24,360 --> 00:28:25,650
non-farm payroll in that business.
417
00:28:25,680 --> 00:28:30,300
But generally you're going to see
that, uh, and I've been me a liar
418
00:28:31,350 --> 00:28:34,080
in recent months because of there's
been a lot more volatility than.
419
00:28:35,025 --> 00:28:39,075
And Raj and other ones in my, in
my group will make, make a point to
420
00:28:39,105 --> 00:28:42,135
remind me that it's supposed to be this
way, but we're seeing the opposite.
421
00:28:42,765 --> 00:28:44,925
Now we're seeing, you know,
what would be normally expected.
422
00:28:45,105 --> 00:28:47,715
So this is the general rule of thumb.
423
00:28:47,715 --> 00:28:50,805
You expect this type of price action,
but since we're, short-term, intra-day
424
00:28:50,805 --> 00:28:52,335
scalping, it doesn't make a difference.
425
00:28:52,335 --> 00:28:54,495
We should be able to find something, but
today it's, didn't move around enough.
426
00:28:56,485 --> 00:28:59,575
Not a losing day, not a winning day, just
couldn't get us any kind of movement.
427
00:29:08,215 --> 00:29:14,095
Uh, the reason why I outlined the
long on the dollar is the buy stock.
428
00:29:14,125 --> 00:29:17,365
You can see here on the left-hand
corner, it's being outlined the
429
00:29:17,665 --> 00:29:18,925
two days to two highs up here.
430
00:29:19,435 --> 00:29:24,415
I think that the larger drawing price,
I think there's more influence at see
431
00:29:24,415 --> 00:29:28,254
price go up there either to fill the gap
or to go up there and run their stuff.
432
00:29:28,254 --> 00:29:30,685
And then if we're going to go lower,
they could take it lower after that.
433
00:29:31,315 --> 00:29:37,075
And no one will, no one would be in
the market taking profits as it goes
434
00:29:37,075 --> 00:29:43,105
lower because they'll knock them out
by going up above these by stuffs Len
435
00:29:43,105 --> 00:29:46,165
take it lower, but either way, whether
they go up there to reverse it or go
436
00:29:46,165 --> 00:29:47,575
up there to close the gap on dollar.
437
00:29:48,625 --> 00:29:53,065
That's enough for me to see
bullishness on the near term to
438
00:29:53,065 --> 00:29:54,895
facilitate a short in Barranca.
439
00:29:58,245 --> 00:30:00,905
So that was a real, that was
the largest real draw on it.
440
00:30:00,905 --> 00:30:02,295
And I'm just looking for
the liquidity right now.
441
00:30:02,865 --> 00:30:04,395
The profile we're in is consolidation.
442
00:30:04,395 --> 00:30:06,915
So you have to look above the highs
and you have to look below the lows.
443
00:30:07,305 --> 00:30:12,165
And we basically worked all the sell
stocks below here with this low here,
444
00:30:12,675 --> 00:30:16,935
this low has been taken out and we haven't
yet really worked a lot of the buy stuff.
445
00:30:16,995 --> 00:30:20,985
This is a high, a lower
high equal high, lower high.
446
00:30:21,495 --> 00:30:28,785
So the liquidity is going to be seen
best suited for rating in the form of
447
00:30:28,785 --> 00:30:33,765
the buy styles on the highest on the
26th and 27th of April on the dollar.
448
00:30:45,445 --> 00:30:46,255
I appreciate that, Joe.
449
00:30:47,125 --> 00:30:52,945
Um, I think I've answered that
question already about why Kilda
450
00:30:53,665 --> 00:30:56,305
largely for buying profile for all
the it's already been mentioned
451
00:31:02,715 --> 00:31:03,435
Tuesday.
452
00:31:03,435 --> 00:31:05,925
Hi, the weekend, all the us dollar.
453
00:31:05,925 --> 00:31:09,165
Any thoughts to reach the daily
fair value get below the market?
454
00:31:10,515 --> 00:31:14,925
Uh, as I mentioned earlier, I don't
have opinion on Aussie Aussie has.
455
00:31:17,725 --> 00:31:20,544
Owned me in recent weeks.
456
00:31:20,544 --> 00:31:24,985
So, um, I'm going to stick to
this as a, as a trophy when
457
00:31:25,594 --> 00:31:27,235
I'm going to be done with it.
458
00:31:27,375 --> 00:31:30,925
I, I called the buy staff and
wanting this to be the objective.
459
00:31:30,945 --> 00:31:31,675
So now it's done that.
460
00:31:31,675 --> 00:31:32,574
So I'm moving to sidelines.
461
00:31:33,264 --> 00:31:35,245
There's autistic waiting for me
to get in here and trade it again.
462
00:31:44,455 --> 00:31:52,225
Um, yes, you will be learning
index trading and it's not
463
00:31:52,225 --> 00:31:53,215
just the day change stuff.
464
00:31:53,215 --> 00:31:57,385
I'll teach you that the same
scenarios is condensed with positions
465
00:31:57,385 --> 00:31:59,725
short-term swinging and atrium
466
00:32:06,604 --> 00:32:07,504
regarding New York.
467
00:32:07,504 --> 00:32:12,334
Are we considering what London did
in terms of initial swing up down
468
00:32:12,334 --> 00:32:14,854
central bank dealers range, et cetera.
469
00:32:14,945 --> 00:32:15,665
All right, Christian.
470
00:32:15,725 --> 00:32:21,185
Um, as I outlined earlier and pretty
much the scenario that was outlined
471
00:32:21,185 --> 00:32:28,564
in the chart for our case study for
this past night, there was really no,
472
00:32:28,685 --> 00:32:33,455
uh, there was no other information
that I needed to go on because of
473
00:32:33,455 --> 00:32:34,655
the profile that we're trading in.
474
00:32:35,375 --> 00:32:36,754
We're in a large consolidation.
475
00:32:38,375 --> 00:32:41,044
We look for liquidity above the
marketplace and below the place.
476
00:32:41,375 --> 00:32:42,965
So I didn't have any.
477
00:32:43,785 --> 00:32:50,145
Use for central bank dealers range because
I know where the stops are and I'm playing
478
00:32:50,145 --> 00:32:51,705
that more than not doing anything else.
479
00:32:51,745 --> 00:32:54,855
If you do all your projections,
there really wasn't much in terms
480
00:32:54,855 --> 00:32:57,585
of the Asian range or central
bank dealers rank to alert you
481
00:32:57,585 --> 00:32:59,925
to anything for the dollar index.
482
00:33:00,435 --> 00:33:03,885
So that's why I didn't use the
price swing on this low up to this
483
00:33:03,885 --> 00:33:06,555
high, with the expectation they were
going to expand up and take the buy
484
00:33:06,645 --> 00:33:08,565
off on the 26th and 27th of April.
485
00:33:09,405 --> 00:33:12,915
So I would want to see a retracement
down and that will be enough to put us
486
00:33:12,915 --> 00:33:14,835
into a discount and then see expansion.
487
00:33:14,865 --> 00:33:15,525
We've seen it.
488
00:33:15,645 --> 00:33:19,275
We just didn't see any volatility
beyond that, but you'll find it.
489
00:33:19,275 --> 00:33:22,455
This is what the scenario is seen
as we outlined each day, this month
490
00:33:22,455 --> 00:33:26,625
and going forward when we have
these intraday price swings and the
491
00:33:26,625 --> 00:33:29,595
previous day and a daily bias of
where we think price is going to go.
492
00:33:30,315 --> 00:33:34,725
When these overlap with all the other
PDAs, it's like magic, it really is.
493
00:33:34,725 --> 00:33:37,725
It's like perfect Swiss craftsmanship.
494
00:33:37,815 --> 00:33:38,715
It just hits.
495
00:33:38,735 --> 00:33:40,305
It goes the other direction.
496
00:33:40,845 --> 00:33:41,175
He goes, right.
497
00:33:41,175 --> 00:33:42,045
Where you think it's going to go?
498
00:33:44,985 --> 00:33:46,095
Um,
499
00:33:50,935 --> 00:33:53,915
yeah, I thought this was going to go
though or two, I thought, ah, you're a
500
00:33:53,935 --> 00:33:56,965
dollars sell stocks will be taken here.
501
00:33:56,965 --> 00:34:00,205
And if it did that, it's really
easy to little gap the closing.
502
00:34:02,004 --> 00:34:05,665
So that's still a scenario
we're looking for, unless we get
503
00:34:05,935 --> 00:34:07,315
ridiculous and go straight up.
504
00:34:07,615 --> 00:34:08,215
I can't see that.
505
00:34:16,850 --> 00:34:18,210
A lot of comments.
506
00:34:18,360 --> 00:34:19,620
I like these exercises.
507
00:34:20,460 --> 00:34:21,900
Can we keep going as well?
508
00:34:21,900 --> 00:34:24,330
That's pretty much the first
two weeks of this month, we're
509
00:34:24,330 --> 00:34:25,350
going to do things like this.
510
00:34:29,360 --> 00:34:31,580
Am I considering FLMC
and non-farm payroll?
511
00:34:31,610 --> 00:34:34,429
Yes, but we still had to take set ups.
512
00:34:34,429 --> 00:34:36,170
That may be, or there may be there.
513
00:34:39,860 --> 00:34:43,909
Is there any news we should not have
as a, okay, let me read that again.
514
00:34:44,870 --> 00:34:49,280
If there is news, should we not have
a bigger stock rather than 33 pips?
515
00:34:49,639 --> 00:34:52,730
Well, I'm not suggesting
that you put 33 pips on.
516
00:34:52,969 --> 00:34:53,719
I'm just telling you.
517
00:34:53,929 --> 00:34:55,370
When I was asked, what was my stop?
518
00:34:55,790 --> 00:35:00,750
It was 33 pips above the opening
price, because I didn't believe
519
00:35:00,750 --> 00:35:07,080
that we would see a significant
rally up above this high at all.
520
00:35:08,070 --> 00:35:09,810
And, but it did just
poke his head above it.
521
00:35:10,410 --> 00:35:16,620
That would have been a turtle suit,
but I waited for that returned back up
522
00:35:16,620 --> 00:35:23,070
into that level there that we outlined
in the chart shared on the form before
523
00:35:23,160 --> 00:35:30,750
London even came in ideal, your stops
should have been about 50% of the
524
00:35:30,750 --> 00:35:34,710
five-year average daily range, or
like where, like I'm indicating here.
525
00:35:35,110 --> 00:35:36,180
You already learned this in a mental.
526
00:35:37,020 --> 00:35:41,250
The average daily range is average,
a hundred pips, one 30 average daily
527
00:35:41,250 --> 00:35:46,800
range generally will be the cap on
the, uh, the open up for down close.
528
00:35:47,130 --> 00:35:50,790
So from the opening to the high today,
generally doesn't want to go more
529
00:35:50,790 --> 00:35:57,000
than 33 pips or 33% rather of the
last five days, average daily range.
530
00:35:57,010 --> 00:35:58,710
We've got a small average daily range.
531
00:35:59,400 --> 00:36:00,360
We can't use that.
532
00:36:00,660 --> 00:36:04,110
So I felt really competent at 33
Crips in his favor in this point
533
00:36:04,110 --> 00:36:08,430
would be favorable, but you'll have
all the conditions given to you.
534
00:36:08,430 --> 00:36:13,620
Why you be looking for this or that
in terms of your stop, don't be in
535
00:36:13,620 --> 00:36:15,660
a hurry to try to get it all now
because there's a lot of things we
536
00:36:15,660 --> 00:36:17,340
have to worry about before that comes.
537
00:36:43,360 --> 00:36:44,170
What about blending?
538
00:36:44,230 --> 00:36:47,410
12:00 AM London and
12:00 AM, New York price.
539
00:36:48,490 --> 00:36:53,020
Um, well again, you're asking things
that will be taught in the lessons.
540
00:36:53,260 --> 00:36:58,300
So I was asking specifically about
this set up, that we outlined today.
541
00:37:14,675 --> 00:37:17,015
I don't know what they're going to do
in terms of the interest rates, but if
542
00:37:17,015 --> 00:37:21,785
they do raise a mic, it would probably
be another 25%, 25 basis points.
543
00:37:21,935 --> 00:37:23,255
I don't think it's going to
be anything bigger than that.
544
00:37:25,805 --> 00:37:30,125
Now they may shock us and hit us with a
half a percent later on, deeper in a year.
545
00:37:31,115 --> 00:37:35,945
But I think that probably will be in to
like our September, August time period.
546
00:37:47,395 --> 00:37:50,395
Have you seen one without a Sunday candle?
547
00:37:51,105 --> 00:37:55,285
I'm assuming you're asking about a
empty for platform without Sunday data.
548
00:37:56,875 --> 00:38:00,625
I don't know of any that
have the dollar index.
549
00:38:00,895 --> 00:38:05,365
So if any of you are aware, uh, don't
send it to me in the questions box.
550
00:38:05,365 --> 00:38:08,725
Just make a post of it in the
forum and everyone I'm sure it
551
00:38:08,725 --> 00:38:10,015
will be greatly appreciated of it.
552
00:38:13,685 --> 00:38:15,515
Incidentally, let me toss this in there.
553
00:38:15,785 --> 00:38:19,835
Uh, I'm seeing other forums
being posted and it's me.
554
00:38:19,835 --> 00:38:21,275
That's deleting those posts.
555
00:38:21,845 --> 00:38:24,245
I'm not advertising for another forum.
556
00:38:24,725 --> 00:38:27,755
Certainly not one that makes
a case about bashing me.
557
00:38:28,385 --> 00:38:31,805
The guy makes the traffic income
off of that stuff and I'm not
558
00:38:31,805 --> 00:38:32,785
feeding him by putting his.
559
00:38:33,720 --> 00:38:34,260
And my forum.
560
00:38:34,260 --> 00:38:38,090
So as name, that's the reason why
your post the other day was deleted.
561
00:38:38,100 --> 00:38:38,700
I did that.
562
00:38:39,840 --> 00:38:42,630
So if you have anything over on
those other forums, you're welcome
563
00:38:42,690 --> 00:38:47,370
to post those here, but I won't let
anything get taken from here, like
564
00:38:47,370 --> 00:38:50,910
to baby pips or another, uh, form.
565
00:38:50,910 --> 00:38:52,080
I'm not letting that happen here.
566
00:39:03,430 --> 00:39:04,270
Um,
567
00:39:08,620 --> 00:39:11,530
is there a for each asset?
568
00:39:11,870 --> 00:39:15,310
No, no, that's a good question though.
569
00:39:15,730 --> 00:39:22,870
Uh, APTA is highly specific to just Forex,
but the overall market manipulation ideas
570
00:39:23,440 --> 00:39:30,040
are generally across the board the same,
but it is highly time sensitive and it's
571
00:39:30,040 --> 00:39:32,920
very heavy and specific characteristics.
572
00:39:41,820 --> 00:39:46,440
Um, do I like scalping the
markets this month teaching?
573
00:39:46,920 --> 00:39:51,180
Um, I, I have done a lot of
scalping in mind trading.
574
00:39:51,600 --> 00:39:57,300
I've done a lot of it, uh, but I
learned that my way that fits my
575
00:39:57,300 --> 00:39:59,760
criteria as a trader in my lifestyle.
576
00:40:00,900 --> 00:40:02,550
Disposition is.
577
00:40:02,550 --> 00:40:05,700
I like to see what I think that
we just going to do, and I want
578
00:40:05,700 --> 00:40:06,570
to trade in that direction.
579
00:40:06,570 --> 00:40:10,680
So if I'm, if I'm trading anything less
than one shot, one kill, which is the
580
00:40:10,680 --> 00:40:13,980
short term idea of getting in either
Monday, Tuesday, or Wednesday and
581
00:40:13,980 --> 00:40:16,680
holding for Thursdays New York open.
582
00:40:18,030 --> 00:40:19,770
And then I'm just going to be
day trading in a direction.
583
00:40:19,770 --> 00:40:21,420
I think the weekly Grange will go.
584
00:40:22,200 --> 00:40:24,690
And if I don't get a real good set
up for day trades, then yes, I will
585
00:40:24,690 --> 00:40:26,250
look for scalps in that direction.
586
00:40:26,340 --> 00:40:30,390
That's how I trade, but I don't want
to force that on you because that's
587
00:40:30,390 --> 00:40:33,990
the worst thing a teacher can do is
try to make you a carbon copy because
588
00:40:33,990 --> 00:40:38,190
then you'll, you'll probably miss out
on a better approach to train to that.
589
00:40:38,200 --> 00:40:39,840
You've learned a lot already.
590
00:40:40,170 --> 00:40:43,380
So if you determine how you want to
be a trader with this information,
591
00:40:43,980 --> 00:40:47,070
and I've had no influence, except for
showing you the path to get to that,
592
00:40:47,700 --> 00:40:49,260
you'll be a far better trader than I am.
593
00:40:49,800 --> 00:40:54,630
And that's the goal, but you know,
if there's nothing to do, and I
594
00:40:54,690 --> 00:40:56,970
absolutely feel like I want to be
taking some participation in the
595
00:40:56,970 --> 00:40:58,590
marketplace and yes, I do scalp.
596
00:41:04,560 --> 00:41:07,860
If the dollar index broke above
yesterday's high, would you feel
597
00:41:07,860 --> 00:41:10,260
confident it would run for the stops
598
00:41:15,150 --> 00:41:16,260
if we go above his high.
599
00:41:16,260 --> 00:41:21,600
Yes, that's exactly what I believe is
going to go about April 26th and 27th.
600
00:41:21,600 --> 00:41:23,480
That was the whole
outline for the, for the.
601
00:41:29,440 --> 00:41:33,670
Uh, when day trading buying and
selling it PDA, you mean enter
602
00:41:33,670 --> 00:41:35,740
day discount and premium ones?
603
00:41:35,799 --> 00:41:40,900
Yes, because you're already working off
of a hard time frame bias usually anyway,
604
00:41:41,259 --> 00:41:44,470
but when the markets are in consolidations
like this, we're looking for liquidity.
605
00:41:45,130 --> 00:41:49,990
So essentially we're basically
looking for expansion out of this
606
00:41:50,470 --> 00:41:54,160
large range that we created after
that big gap down on the dollar.
607
00:41:54,580 --> 00:41:59,060
So there's a lot of liquidity up above
those highs on the 26 and 27th of
608
00:41:59,060 --> 00:42:00,490
April that haven't been touched yet.
609
00:42:01,750 --> 00:42:05,319
And they've spent more time trying
to go lower and they take out all the
610
00:42:05,319 --> 00:42:09,759
sell stocks below the marketplace,
but they won't take it higher.
611
00:42:10,150 --> 00:42:15,819
So I think what they're doing is they're
building a lot of volume on the buy side
612
00:42:16,540 --> 00:42:18,190
by keeping the scenario like it is here.
613
00:42:18,490 --> 00:42:23,350
So it, just, to me, it just looks like the
majority of the money is on the buy side.
614
00:42:23,470 --> 00:42:25,990
So that means that they're going to
take the dollar higher, even if it's
615
00:42:25,990 --> 00:42:29,920
going to be the lower longer term,
it's in their favor to take it out
616
00:42:29,920 --> 00:42:33,910
there, neutralize those by stops
profit on the way up, and then you're
617
00:42:33,920 --> 00:42:35,350
going to reject it and reverse it.
618
00:42:35,350 --> 00:42:36,279
That's the ideal scenario.
619
00:42:36,310 --> 00:42:38,200
Cause everyone's gonna look at
it as a breakout to close the gap
620
00:42:39,490 --> 00:42:40,509
and it may not happen like that.
621
00:42:45,529 --> 00:42:46,549
Um,
622
00:42:52,860 --> 00:42:55,110
Yes, I'll be teaching you to London lunch.
623
00:42:55,500 --> 00:43:01,350
That's a couple of things that didn't get
shared in April's content in day train
624
00:43:01,350 --> 00:43:03,299
that has overlap into your scalping.
625
00:43:04,590 --> 00:43:07,230
And that's part of it is
that along the lines stuff.
626
00:43:15,450 --> 00:43:16,020
Uh,
627
00:43:22,779 --> 00:43:24,460
now there won't be any
ranch in these sessions.
628
00:43:26,560 --> 00:43:29,049
Do you want us to do both
entries or just one of them?
629
00:43:29,080 --> 00:43:30,340
I want you to do both of them.
630
00:43:31,870 --> 00:43:36,250
So now we're looking for a scenario
like today, we were looking for a higher
631
00:43:36,250 --> 00:43:41,710
dollar and a lower Euro to the ideal
practice session for you would have been
632
00:43:42,279 --> 00:43:45,430
get short at or near the opening price.
633
00:43:46,150 --> 00:43:49,090
Let's go with a, your
dollar would be here.
634
00:43:49,090 --> 00:43:53,380
It gets get short here at this
price level or something above it.
635
00:43:54,250 --> 00:43:54,380
Okay.
636
00:43:54,380 --> 00:43:55,870
It could be, Tampa has to be 20 pips.
637
00:43:56,290 --> 00:43:58,270
It could have been this high.
638
00:43:58,299 --> 00:44:01,029
Some of you that would have
been more astute Santa Fe.
639
00:44:01,029 --> 00:44:05,500
Well, if I have the opening price and I'm
looking for a rally up to sell into what
640
00:44:05,500 --> 00:44:07,960
happens, if it goes above the short-term
high, that would be a good scenario.
641
00:44:08,770 --> 00:44:10,840
And that would have been almost
basically what I did yesterday.
642
00:44:10,840 --> 00:44:14,890
Intraday by song about this short
term high last night in London,
643
00:44:15,279 --> 00:44:16,540
you gonna use that as a scenario.
644
00:44:17,200 --> 00:44:17,680
That's what I'm saying.
645
00:44:19,020 --> 00:44:23,609
You're going to be encouraged to do
different things, not the cookie cutter,
646
00:44:24,060 --> 00:44:26,970
but you're going to see what happens
when we do a cookie cutter approach.
647
00:44:27,399 --> 00:44:29,910
The last two weeks of this month,
you're going to be expected to do
648
00:44:29,910 --> 00:44:34,950
the very thing I do from the entry,
the stop, the targets, they're all
649
00:44:34,950 --> 00:44:39,720
gonna be saying, and you want to see
how it will feel stilted and wooden.
650
00:44:39,839 --> 00:44:42,779
You won't want to do that regardless
of what the results are going to be.
651
00:44:43,140 --> 00:44:45,720
You're going to feel like you
need to do this on your own.
652
00:44:45,779 --> 00:44:47,700
And that's the, that's the
whole lesson behind it.
653
00:44:47,700 --> 00:44:50,370
Not that you make everything
I make or lose what I lose.
654
00:44:50,729 --> 00:44:57,509
It's it's show you that you
want to be more well fluid.
655
00:44:57,600 --> 00:44:59,939
You wanna be able to pick your own
setups and that's what you're here for.
656
00:44:59,939 --> 00:45:00,330
Anyway.
657
00:45:00,390 --> 00:45:04,379
So for the first two weeks
though, I want you to go and
658
00:45:04,379 --> 00:45:05,370
usually should already learn.
659
00:45:06,390 --> 00:45:09,390
And what I gave you last
month in April is a gold mine.
660
00:45:09,990 --> 00:45:12,359
I mean, it's so many things
you can do with that infant.
661
00:45:12,390 --> 00:45:16,200
With that information, you can trade
just about every single trading day.
662
00:45:16,200 --> 00:45:20,640
There's something today we allotted
for your dollar and it didn't move.
663
00:45:20,640 --> 00:45:23,370
So no harm, no foul just didn't move.
664
00:45:25,649 --> 00:45:27,299
But yes, you should be doing both entries
665
00:45:30,459 --> 00:45:35,649
and just use, uh, use the
lowest leverage you can get.
666
00:45:36,189 --> 00:45:39,009
All we're trying to do is
execute and work off of a plan.
667
00:45:39,069 --> 00:45:42,490
We're not trying to seize the amount
of pips that would be rockstar level.
668
00:45:43,839 --> 00:45:45,220
We're not trying to do
any kind of scaling.
669
00:45:45,220 --> 00:45:46,299
I think what it's looking for.
670
00:45:47,549 --> 00:45:49,200
And I'm taking profit at a logical level.
671
00:45:57,580 --> 00:46:01,000
Um, can I go over the Euro scalp again?
672
00:46:01,930 --> 00:46:02,770
Did I do yesterday?
673
00:46:03,549 --> 00:46:06,400
There's a one here, Billy.
674
00:46:06,400 --> 00:46:10,330
I think it's so many questions
it's happened since that one.
675
00:46:10,330 --> 00:46:12,460
So I'm going to assume that's
what you're talking about, but
676
00:46:17,589 --> 00:46:22,359
the dollar index, we outlined this level
here yesterday, but a fair value gap.
677
00:46:23,259 --> 00:46:27,759
So we hit that level and which
I think the fill, we always
678
00:46:27,759 --> 00:46:29,799
have a reasonable expectation
that it's going to be a bounce.
679
00:46:30,040 --> 00:46:37,870
So that was the idea as it hit that,
as it hit this, I was already looking
680
00:46:37,870 --> 00:46:41,620
at this high and I didn't believe that
we would see a continuation up in Euro.
681
00:46:41,620 --> 00:46:46,480
So once we poke their head above that at
the market, I sold short and you can see,
682
00:46:46,480 --> 00:46:47,680
I deleted some of that stuff in days.
683
00:46:47,680 --> 00:46:48,490
There's little things here.
684
00:46:49,480 --> 00:46:50,319
I'll take them off.
685
00:46:55,210 --> 00:47:01,569
I always forget them things that the, uh,
the trade is, you know, based on the fact
686
00:47:01,569 --> 00:47:05,529
that we weren't going to most likely see
any upside as the dollar hit that level.
687
00:47:05,529 --> 00:47:07,779
We outlined in New York
session live yesterday.
688
00:47:08,980 --> 00:47:12,069
So if you see support coming in
and a dollar resistance should be
689
00:47:12,069 --> 00:47:15,310
coming in, in the form of the Euro
dollar, what better way of doing it?
690
00:47:15,460 --> 00:47:15,710
Selling.
691
00:47:16,830 --> 00:47:17,400
And there you go.
692
00:47:19,290 --> 00:47:21,300
Lots of that type of
stuff happening in today.
693
00:47:21,540 --> 00:47:23,970
So you can really build your
confidence up with turtle soup
694
00:47:24,120 --> 00:47:25,920
scenarios, and then look at this Euro.
695
00:47:25,980 --> 00:47:26,580
Good grief.
696
00:47:27,630 --> 00:47:33,930
Can you imagine if every day was like
this in Euro, I'd blow my brains out.
697
00:47:37,630 --> 00:47:38,680
Um,
698
00:47:42,400 --> 00:47:44,110
Tuesday I did that question.
699
00:47:44,980 --> 00:47:47,140
Uh, they know they are
700
00:47:51,290 --> 00:47:53,840
kind of says, uh, they know I'm
teaching Scouts and they're trying to
701
00:47:53,840 --> 00:47:55,370
keep it in an air consolidations now.
702
00:47:57,860 --> 00:47:58,550
Oh man,
703
00:48:02,840 --> 00:48:08,030
can we, can we discuss today's
Judas in Aussie closed and it
704
00:48:08,030 --> 00:48:12,020
closed an old daily gap Leo, right?
705
00:48:17,260 --> 00:48:18,610
I don't want to change the timeframe.
706
00:48:18,610 --> 00:48:20,380
I want to keep it on these
15 minute timeframes.
707
00:48:21,010 --> 00:48:25,240
So let's take a look at RT on a daily.
708
00:48:37,930 --> 00:48:42,100
I don't see a gap on the daily, not today.
709
00:48:47,805 --> 00:48:50,745
Yeah, I'm assuming you're probably
thinking this little portion of this
710
00:48:50,745 --> 00:48:54,285
down candle, but that's already been
bounced out because this candle is low.
711
00:48:55,395 --> 00:48:58,005
And again, I'm taking great Liberty here,
assuming that's what you're thinking of.
712
00:48:58,545 --> 00:49:02,295
The low comes in at 75, 47
on this last up-close candle.
713
00:49:02,715 --> 00:49:06,765
And this candle is high comes in at 75 51.
714
00:49:07,215 --> 00:49:09,345
So this actually went
above this candle as low.
715
00:49:09,355 --> 00:49:14,465
So this is all been, this
has been balanced out, so
716
00:49:14,465 --> 00:49:15,245
that wouldn't be anything.
717
00:49:15,245 --> 00:49:19,265
It would be more appropriate to his view
that as it returned back to the last up
718
00:49:19,265 --> 00:49:29,225
close, which would be for the open rather
open it 75 57 today's high, 75, 86.
719
00:49:29,225 --> 00:49:33,035
There's only one PIP away from
that dark close is more appropriate
720
00:49:33,035 --> 00:49:35,315
there than assuming this is
a gap because it's not a gap.
721
00:49:41,705 --> 00:49:48,945
Um, Ken is moving, eh, it's
nice to see something moving.
722
00:49:52,275 --> 00:49:52,455
Yeah.
723
00:49:52,455 --> 00:49:53,355
I don't think this is done.
724
00:49:53,445 --> 00:49:56,645
I think it's gone more.
725
00:49:56,645 --> 00:50:01,175
But to what level, I'm not sure what's
going on on a higher timeframe to take
726
00:50:01,175 --> 00:50:05,885
a Gander at say a walk at a weekly
chart when you look at them in a while.
727
00:50:10,175 --> 00:50:10,355
Okay.
728
00:50:10,355 --> 00:50:10,895
We have a break.
729
00:50:15,920 --> 00:50:17,240
I ain't said that word in a long time.
730
00:50:20,860 --> 00:50:26,986
Shall we could see longer-term on
Delta CAD and get the Stanley 1
731
00:50:26,986 --> 00:50:32,020
38, 10, 1 38 big figure to about a
hundred pips, more on the upside.
732
00:50:32,140 --> 00:50:33,040
It could potentially go.
733
00:50:35,020 --> 00:50:36,610
He charges you classic chart.
734
00:50:36,610 --> 00:50:37,030
Guys.
735
00:50:37,540 --> 00:50:38,630
See a bull flag here.
736
00:50:38,680 --> 00:50:40,330
I'll say would overlap a that as well.
737
00:50:42,750 --> 00:50:44,700
If we look at the range defined on
738
00:50:48,540 --> 00:50:48,930
here,
739
00:50:56,430 --> 00:51:00,090
uh, that also, this takes us up
to the 62% retracement level.
740
00:51:00,120 --> 00:51:02,460
So we're above equilibrium now.
741
00:51:04,080 --> 00:51:07,650
So 62% trace on mobile
is essentially here.
742
00:51:08,970 --> 00:51:10,170
So 1 38 30
743
00:51:13,740 --> 00:51:15,600
says it overlapping with
the breaker as well.
744
00:51:15,600 --> 00:51:21,300
Still close on that candle
comes in at 1 30, 35.
745
00:51:21,300 --> 00:51:26,040
So yeah, 1 30, 35 looks like it
could be a doable to about a hundred
746
00:51:29,450 --> 00:51:32,090
starting pips or so more on the outside.
747
00:51:40,605 --> 00:51:47,115
Uh, am I looking for the seasonal high
in may around one 10 would be sexy,
748
00:51:47,115 --> 00:51:51,225
says spread, um, through the Euro.
749
00:51:51,255 --> 00:51:55,395
I would like it to just give
me the logical run, CIF,
750
00:51:55,395 --> 00:51:56,535
liquidity preference points.
751
00:51:57,405 --> 00:52:00,165
Once it gets to those, then
I'll look at the long-term.
752
00:52:00,165 --> 00:52:01,605
But right now it just makes perfect sense.
753
00:52:01,605 --> 00:52:07,035
What on the continent come down and
take that if it rallies from here
754
00:52:07,905 --> 00:52:13,905
that doesn't do me any, any help, it
doesn't provide any kind of insight to
755
00:52:13,905 --> 00:52:18,225
me because it makes more sense for me
to see this go down for the south side
756
00:52:18,225 --> 00:52:19,845
liquidity, then to go up from here.
757
00:52:21,705 --> 00:52:24,945
And if this thing just bleeds lower
later on and goes down to where I thought
758
00:52:24,975 --> 00:52:27,585
I'm going to be upset, I'm literally
going to punch him out of there today.
759
00:52:29,835 --> 00:52:30,165
No man.
760
00:52:30,185 --> 00:52:30,555
I'll do that.
761
00:52:37,245 --> 00:52:39,495
Will I be talking binary options?
762
00:52:40,545 --> 00:52:45,585
Uh, hell to the note, don't do
anything with the binary options.
763
00:52:45,585 --> 00:52:51,345
Now I noticed the pop, those
things up all the time as my ads
764
00:52:51,345 --> 00:52:54,615
on YouTube, but I don't touch them.
765
00:52:54,615 --> 00:52:55,515
I don't know anything about them.
766
00:52:55,515 --> 00:52:56,625
I don't have any experience
and I don't want.
767
00:53:00,965 --> 00:53:06,035
Did you want us to see what you showed
us in Aussie yesterday for a Euro?
768
00:53:08,695 --> 00:53:11,605
I'm not sure what you mean by that.
769
00:53:11,605 --> 00:53:11,995
Muhammad.
770
00:53:20,785 --> 00:53:25,405
If I skip June's content to contract
and trait on short-term trading,
771
00:53:25,495 --> 00:53:30,295
will I be missing out or is it okay
to come back to it at a later time?
772
00:53:30,325 --> 00:53:34,105
You definitely going to want to reference
it because I pull a lot of information.
773
00:53:34,105 --> 00:53:41,485
That's intermarket analysis based to
helps with larger sustained price swings.
774
00:53:42,385 --> 00:53:45,025
And if we understand what they are
on a higher timeframe, it makes
775
00:53:45,025 --> 00:53:48,835
trading on the lower timeframe
and short-term trading far easier.
776
00:53:50,365 --> 00:53:52,405
So I don't think it's
something you should skip.
777
00:53:52,495 --> 00:53:56,035
It's it's placed in a
logical order of importance.
778
00:53:56,725 --> 00:54:02,665
So if you're going to take my advice,
it's the go through the order of
779
00:54:02,665 --> 00:54:04,585
everything and don't skip anything.
780
00:54:11,325 --> 00:54:16,275
Why did I choose the IRO
instead of cable yesterday?
781
00:54:17,205 --> 00:54:20,985
Uh, it made sense for me that
there was no movement upside on
782
00:54:21,435 --> 00:54:24,735
Euro and H stress that already Mr.
783
00:54:24,735 --> 00:54:25,635
Dollar hit that fair value.
784
00:54:26,995 --> 00:54:30,524
It's just it's perfect time of day
for it to see what we saw was hero.
785
00:54:30,915 --> 00:54:37,064
I actually, it was only looking for,
um, about 10 pips really to love
786
00:54:37,064 --> 00:54:40,334
movement, but as it broke down, I
looked a little bit further out and
787
00:54:40,334 --> 00:54:46,634
thought that maybe we would see 1 0
8 90, so you can see my, uh, my limit
788
00:54:46,634 --> 00:54:48,645
orders were below that to get out.
789
00:54:48,645 --> 00:54:54,615
So it would have to go down to 1
0 8 87, and that would have been a
790
00:54:54,615 --> 00:54:58,334
run on this low here on easy close,
but we couldn't find our way lower,
791
00:55:04,654 --> 00:55:05,854
uh,
792
00:55:17,944 --> 00:55:20,345
a lot of comments, not a repeat.
793
00:55:20,345 --> 00:55:21,185
So the Terminus.
794
00:55:43,395 --> 00:55:43,754
Yeah.
795
00:55:44,415 --> 00:55:45,524
Do me a favor guys.
796
00:55:45,524 --> 00:55:49,245
If you made a comment, if you posted
it twice, kind of leave it at that
797
00:55:51,104 --> 00:55:53,615
because I see a lot on my like
three and four times at the same.
798
00:55:54,720 --> 00:55:56,340
And just pushes other questions.
799
00:56:00,190 --> 00:56:01,070
I didn't see it.
800
00:56:02,180 --> 00:56:02,720
Um,
801
00:56:06,160 --> 00:56:12,880
will you go into detail about time
related stops, otherwise known AKA,
802
00:56:13,600 --> 00:56:18,580
if there is no movement to specific
hour, we class the trade like today,
803
00:56:20,170 --> 00:56:25,990
you're going to learn the protocols
that will call you on a class of trade.
804
00:56:25,990 --> 00:56:26,320
Yes.
805
00:56:26,830 --> 00:56:32,050
There's conditions that I use
that pretty much are consistent.
806
00:56:32,090 --> 00:56:35,140
There's nothing that, you know,
you're not going to be able to
807
00:56:35,140 --> 00:56:38,200
have a hard time following as
a basis to kill your own trade.
808
00:56:41,300 --> 00:56:44,060
Does this scout method
work on stocks and indices?
809
00:56:44,060 --> 00:56:44,840
There's some overlap.
810
00:56:44,840 --> 00:56:48,080
Yes, but the specific times
and characteristics are
811
00:56:48,530 --> 00:56:50,210
heavily slanted for cortex.
812
00:56:50,870 --> 00:56:54,500
When I teach you the day trading of
the S and P 500 and bonds, you'll
813
00:56:54,500 --> 00:56:55,820
see that they're really simple.
814
00:56:56,060 --> 00:57:01,730
I mean, there's far more things in Forex
to be drawing your attention to than
815
00:57:01,730 --> 00:57:04,640
it is for stock in a season for bonds.
816
00:57:07,530 --> 00:57:12,960
But I had to add to actually do a
teachings from my other screens.
817
00:57:13,050 --> 00:57:14,420
So I have to come up
with a way of doing that.
818
00:57:14,430 --> 00:57:18,360
Cause I'm not linking my live
sessions through that computer.
819
00:57:18,360 --> 00:57:19,200
I'm not doing any of that.
820
00:57:19,200 --> 00:57:22,130
So I might have to do a lot
of that work was prerecorded.
821
00:57:22,140 --> 00:57:22,230
So.
822
00:57:26,450 --> 00:57:27,710
Uh, pepper stone.
823
00:57:27,710 --> 00:57:32,779
I'm assuming that Ben is one that
has no gaps or no Sunday candle,
824
00:57:32,810 --> 00:57:37,640
but with dollar index, I think it's
probably what you're responding.
825
00:57:37,640 --> 00:57:38,000
If you are.
826
00:57:38,000 --> 00:57:41,060
I appreciate that this
cost that onto the form.
827
00:57:41,060 --> 00:57:43,460
If you don't mind, is it I'm sure
that question is going to repeat
828
00:57:52,529 --> 00:57:54,930
this custom time axis.
829
00:57:54,960 --> 00:57:59,250
We'll plot below your chart,
your local time GMT and access.
830
00:58:00,450 --> 00:58:02,250
I'm sorry, Asian and European sessions.
831
00:58:03,120 --> 00:58:05,520
All the news around the
world pertain to the markets.
832
00:58:05,580 --> 00:58:08,879
It also has a global cursor
from multiple charts.
833
00:58:08,910 --> 00:58:11,700
The cost causes $49 with lifetime license.
834
00:58:11,700 --> 00:58:12,660
It has helped me.
835
00:58:16,129 --> 00:58:20,720
It has helped me with the time difference.
836
00:58:21,200 --> 00:58:26,759
So it might be useful to some of the
members, they shared a link, but, uh,
837
00:58:28,370 --> 00:58:29,870
I'll just encourage you to the recording.
838
00:58:29,870 --> 00:58:32,690
Cause I know you already left
Steven, but uh, just post on the
839
00:58:32,930 --> 00:58:34,669
forum and we'll take a look at it.
840
00:58:35,600 --> 00:58:38,450
I'm not promoting any cause I will
know what it is, but I just I'll
841
00:58:38,450 --> 00:58:43,700
take a look at what have you sent
in terms of a link that's ex pro has
842
00:58:43,700 --> 00:58:45,950
no Sunday candle and dollar index.
843
00:58:46,339 --> 00:58:47,060
Thank you, Frankie.
844
00:58:48,859 --> 00:58:49,490
Can you do me a favor?
845
00:58:49,490 --> 00:58:50,089
Can you put that on.
846
00:58:51,075 --> 00:58:54,435
So people can get to go to
a link that appreciate that.
847
00:59:04,535 --> 00:59:06,935
Can you ignore the news with these setups?
848
00:59:07,115 --> 00:59:08,585
And can you ignore the news?
849
00:59:10,975 --> 00:59:16,795
Yeah, it's a repeat the, the news is
going to actually going to be a driver
850
00:59:16,795 --> 00:59:22,225
many times, but today there's been an
absence of any kind of news and you
851
00:59:22,225 --> 00:59:25,615
can see that everybody else is pretty
much doing the same thing sleeping in.
852
00:59:30,935 --> 00:59:37,645
I do not like other forms because
they allow others to, uh, talk smack,
853
00:59:37,645 --> 00:59:39,835
but they would love me to put my
content back on their forum though.
854
00:59:40,705 --> 00:59:43,375
So, no, I'm not, I'm not
giving them income for traffic.
855
00:59:44,755 --> 00:59:49,825
That's why I'm taking the free tutorial
stuff off my website and revamping
856
00:59:49,825 --> 00:59:52,855
it, adding a couple of little things
in here and justify why I'm taking
857
00:59:52,855 --> 00:59:56,065
away the form that I stupidly.
858
00:59:56,125 --> 00:59:59,035
I don't even know why
and put it up here, but
859
01:00:05,395 --> 01:00:07,285
how do I know about APTA?
860
01:00:08,935 --> 01:00:12,445
That is a discussion that
won't be talked about here, but
861
01:00:12,475 --> 01:00:14,935
I've given you exercises and.
862
01:00:17,620 --> 01:00:21,520
Samplings, if you will, of how I came
to them, understanding what it is.
863
01:00:26,150 --> 01:00:31,370
Are we supposed to ask questions like 20
times a year, you're supposed to do both.
864
01:00:31,790 --> 01:00:40,540
When we use the, uh, case studies, you'd
be entering at this air GMT open for
865
01:00:40,550 --> 01:00:45,230
want to limit basis, or as it moves away
from that opening price relative to the
866
01:00:45,230 --> 01:00:47,330
time or direction you're looking for.
867
01:00:49,250 --> 01:00:50,660
I'm watching the stock market.
868
01:00:50,800 --> 01:00:53,390
I want to, like I said, I want it,
I'd rather see it rally up into July.
869
01:00:53,900 --> 01:00:55,760
It makes it sense for the
seasonally make a high.
870
01:00:56,330 --> 01:00:58,640
So the first two weeks of July will,
I'm really going to be paying more
871
01:00:58,640 --> 01:00:59,990
attention to the equity market then.
872
01:01:00,650 --> 01:01:03,350
So I don't care what it's
doing, but I will be really
873
01:01:03,350 --> 01:01:06,650
caring a lot about the equities.
874
01:01:06,650 --> 01:01:07,910
About the second week of June.
875
01:01:07,970 --> 01:01:10,220
We'll be looking at them at
least once or twice a week.
876
01:01:18,260 --> 01:01:24,050
Um, I'm not finding trading as
fun as I did when I was younger.
877
01:01:25,010 --> 01:01:28,850
Um, it's a little bit more
frustrating now because the markets
878
01:01:28,850 --> 01:01:34,100
are just, they're not, they're
not, uh, they're not moving enough.
879
01:01:34,440 --> 01:01:35,750
There's not enough movement.
880
01:01:37,670 --> 01:01:38,120
And I like it.
881
01:01:38,150 --> 01:01:39,110
I like a fast market.
882
01:01:39,470 --> 01:01:41,780
I like the market is gyrating a lot.
883
01:01:42,140 --> 01:01:44,150
It doesn't have to be directly.
884
01:01:45,060 --> 01:01:47,190
Based like it's more on
one side or the other.
885
01:01:47,220 --> 01:01:50,670
It could just be going all over the
place up and down, but bigger ranges.
886
01:01:50,760 --> 01:01:51,540
And we're not seeing it.
887
01:01:51,630 --> 01:01:59,040
We've seen a big compression in
volatility and just see one or
888
01:01:59,040 --> 01:02:02,700
two days where it moves a lot
and it doesn't do anything else.
889
01:02:03,270 --> 01:02:06,390
So to answer your question,
it's not fun for me right now.
890
01:02:06,960 --> 01:02:08,500
It has been, it's been fun in the past.
891
01:02:08,520 --> 01:02:12,240
It'll be fun again, but no, right
now I'm not enjoying myself.
892
01:02:13,560 --> 01:02:14,310
No, not at all.
893
01:02:14,850 --> 01:02:15,930
I'm enjoying teaching.
894
01:02:16,680 --> 01:02:19,650
I like that because I get to
relive everything I've done before.
895
01:02:19,650 --> 01:02:24,720
But nonetheless, now there's
nothing in terms of fun right
896
01:02:24,720 --> 01:02:25,680
now about these markets.
897
01:02:30,590 --> 01:02:33,530
When will you be telling us the
times of the central bank dealers
898
01:02:33,530 --> 01:02:36,050
range for all is Ian and TV.
899
01:02:36,200 --> 01:02:38,570
You have all that stuff in one slide.
900
01:02:39,440 --> 01:02:44,720
If I'm not mistaken, uh, I'm not
sure where I got to take a look
901
01:02:44,720 --> 01:02:47,270
at my notes where it's in it,
but it's in it's in this month.
902
01:02:47,270 --> 01:02:49,580
Content it's all explained
just in one slide.
903
01:02:53,690 --> 01:02:55,730
No, we supposed to be
doing those centuries.
904
01:02:57,380 --> 01:02:58,520
I saw your question, Jacob,
905
01:03:06,740 --> 01:03:08,720
how do you use the Sunday gap size?
906
01:03:08,720 --> 01:03:11,780
The proper size percentage wise for swing.
907
01:03:12,645 --> 01:03:17,564
For example, 100%, 75% of 50%
stop from an entry gap size.
908
01:03:20,875 --> 01:03:21,355
Hmm.
909
01:03:23,035 --> 01:03:25,165
I don't know how to answer that
question because I don't know
910
01:03:25,165 --> 01:03:27,084
what you're asking in specific.
911
01:03:28,955 --> 01:03:33,395
How do we use the Sunday
gap to size the proper?
912
01:03:34,444 --> 01:03:34,745
Okay.
913
01:03:34,774 --> 01:03:39,245
I'm assuming you're trying to trade
on Sunday and if you are don't, but
914
01:03:47,105 --> 01:03:49,444
let me think about what you're asking
here, cause I'm sure you probably
915
01:03:49,444 --> 01:03:51,274
are wanting to re-type it now.
916
01:03:51,424 --> 01:03:55,865
So I'm going to try to save you the time
doing it, assuming that you're looking
917
01:03:55,865 --> 01:04:00,424
for a stop and how much do you use
because you don't want to get clipped
918
01:04:00,435 --> 01:04:05,645
because of the gap on Sunday that a $1,
919
01:04:09,504 --> 01:04:14,634
because of the consolidation we're in
right now, I didn't expect much upside.
920
01:04:15,504 --> 01:04:18,685
So the stock doesn't have to be a
full five, eight hours daily range,
921
01:04:19,194 --> 01:04:21,475
but that would be used if you're a
position trader or a swing trader.
922
01:04:22,194 --> 01:04:26,004
And this was, and if this was going
to be a longer term entry, which we
923
01:04:26,004 --> 01:04:29,245
didn't outline, but I still want you
to execute on that because it gives you
924
01:04:29,245 --> 01:04:34,075
experience doing it, but you can use
50% of the idea, average daily range.
925
01:04:34,915 --> 01:04:35,214
Okay.
926
01:04:35,214 --> 01:04:36,024
Is a nice go-to.
927
01:04:36,384 --> 01:04:40,645
And if that overlaps with what we have
taught in the past about power three
928
01:04:40,645 --> 01:04:43,904
on the daily range, If the average
daily range is a hundred pips, one
929
01:04:43,904 --> 01:04:46,035
third of that is essentially 33 pips.
930
01:04:46,485 --> 01:04:49,755
So if you're looking for a move up
above the opening price, mountain
931
01:04:49,755 --> 01:04:54,975
33, pips above is generally the ideal
scenario after you rally though.
932
01:04:55,245 --> 01:04:59,025
So if you're looking to go sell in
short, you want to see some measure
933
01:04:59,025 --> 01:05:00,315
of movement above the opening price.
934
01:05:00,915 --> 01:05:06,375
And in that movement up, we want to be
selling at a logical area of premium,
935
01:05:07,005 --> 01:05:09,375
which would be either a better tour
block running an old high, as we
936
01:05:09,375 --> 01:05:12,465
saw here today in London, excuse me.
937
01:05:12,615 --> 01:05:16,365
And then adding that 33 pips to that
because the likelihood of the opening
938
01:05:16,365 --> 01:05:22,665
price, seeing 60 to 70 pips or so
up, and then making the high today
939
01:05:22,815 --> 01:05:29,245
while it's possible, it's not likely
even with the zero GMT star, what
940
01:05:29,245 --> 01:05:30,535
you're actually doing is the point.
941
01:05:30,535 --> 01:05:32,575
And I didn't see this as this question,
I'm just tossing out because I'm sure it
942
01:05:32,575 --> 01:05:36,924
probably some of you are wondering, but
just didn't build it into a question.
943
01:05:37,884 --> 01:05:43,075
What the benefit of doing this exercise
of getting in at the opening at zero GMT
944
01:05:43,105 --> 01:05:47,904
versus waiting for a rally for bears to
sell into the differences is you're going
945
01:05:47,904 --> 01:05:53,335
to see why it's important to number one,
to trade in the opposite direction of
946
01:05:53,335 --> 01:05:54,325
where you think the market's going to go.
947
01:05:54,985 --> 01:05:57,775
And it's also forcing you to use the
information you've already learned.
948
01:05:58,585 --> 01:06:01,015
PDRs premium to discount.
949
01:06:01,525 --> 01:06:05,005
That model is repeating itself
all the time in my trade.
950
01:06:05,005 --> 01:06:08,485
So if that's not in your trades,
you aren't going to have similar
951
01:06:08,485 --> 01:06:09,745
results and you're going to be.
952
01:06:12,180 --> 01:06:14,370
Different from the expected outcome.
953
01:06:17,370 --> 01:06:20,970
You may get trades that pan out once in
a while, but you won't get consistency
954
01:06:20,970 --> 01:06:24,720
and you won't see the delivery of the
high and low as accurately as you will.
955
01:06:24,720 --> 01:06:25,890
If you do the stuff I'm teaching you.
956
01:06:29,130 --> 01:06:31,650
I like the gaps intraday.
957
01:06:32,160 --> 01:06:36,180
I have noticed that your daily highs
and lows are lining up with them.
958
01:06:36,210 --> 01:06:38,970
Is this one of the secret
sauce if you promised?
959
01:06:39,750 --> 01:06:42,210
Well, that's one of the observations
that you'll see by doing it.
960
01:06:42,210 --> 01:06:42,570
Yes.
961
01:06:43,260 --> 01:06:47,430
Um, how many daily highs and lows
have you seen and we've mentioned,
962
01:06:48,030 --> 01:06:49,920
and it comes in the form of the gap.
963
01:06:50,990 --> 01:06:54,600
That's one of the reasons
we're doing this stuff.
964
01:06:54,660 --> 01:06:58,470
Or even if you're not going to be a
scalper or a day trader, it's important to
965
01:06:58,470 --> 01:07:03,780
know where these exist because your trade
may come do a Terminus at that level.
966
01:07:04,500 --> 01:07:10,350
So if we see a gap that is like 30 pips
above us, and we have a target about
967
01:07:10,350 --> 01:07:14,820
33 pips from us, I'm going to elect to
go right to the gap and nothing more.
968
01:07:15,450 --> 01:07:19,470
There may be a little bit more going into
that extra five pips that everybody else
969
01:07:19,470 --> 01:07:21,120
wants to hold out for it for perfection.
970
01:07:21,720 --> 01:07:22,860
I, don't not worrying about that.
971
01:07:23,040 --> 01:07:23,730
I'm going to go out.
972
01:07:23,850 --> 01:07:25,470
Where are the logical PDAs?
973
01:07:25,800 --> 01:07:27,900
And you'll see it at night.
974
01:07:27,900 --> 01:07:29,310
You're obviously noted here.
975
01:07:29,370 --> 01:07:29,760
Yes.
976
01:07:29,760 --> 01:07:31,950
There's many times the fair value gaps.
977
01:07:31,970 --> 01:07:35,430
Intraday will cause an overlap
for the daily hotter Lidl form.
978
01:07:35,880 --> 01:07:37,770
But there's other things you
have to align up with it, but
979
01:07:37,770 --> 01:07:39,150
generally that's a usual thing.
980
01:07:42,970 --> 01:07:44,650
And they say you can't
pick daily highs and lows.
981
01:07:48,730 --> 01:07:50,200
Um, if we,
982
01:07:57,640 --> 01:07:58,930
same question keeps coming up.
983
01:08:07,900 --> 01:08:10,450
Seasonally, Darren indexes bullish in may.
984
01:08:11,560 --> 01:08:13,960
The trade that outline last night
has nothing to do with seasonal
985
01:08:13,960 --> 01:08:15,280
tendencies, with all the bloody base
986
01:08:23,440 --> 01:08:24,430
chase as he caught her.
987
01:08:24,460 --> 01:08:24,850
Hi,
988
01:08:32,170 --> 01:08:34,090
thank you for your concerns
about my son, by the way.
989
01:08:34,150 --> 01:08:34,960
It's been lots of that.
990
01:08:34,990 --> 01:08:36,520
I just don't want to
fill the video with it.
991
01:08:45,720 --> 01:08:46,950
I only had one entry.
992
01:08:46,950 --> 01:08:47,340
Yes.
993
01:08:48,660 --> 01:08:49,730
I only get D entry.
994
01:08:49,730 --> 01:08:51,150
You saw me collapsed earlier today.
995
01:08:51,660 --> 01:08:52,920
It's a beginning of the session.
996
01:09:01,540 --> 01:09:01,779
Yeah.
997
01:09:01,810 --> 01:09:04,600
She should be taking two entries
and using the smallest leverage you
998
01:09:04,600 --> 01:09:07,630
can do so about what num one mini.
999
01:09:12,765 --> 01:09:13,995
Um,
1000
01:09:22,135 --> 01:09:23,755
I, ain't never heard of
a flat mouse pattern.
1001
01:09:31,404 --> 01:09:32,365
Let's take one more quick.
1002
01:09:32,365 --> 01:09:33,984
Look at Aussie and CAD.
1003
01:09:37,555 --> 01:09:38,154
Not that one.
1004
01:09:40,725 --> 01:09:41,145
Yeah.
1005
01:09:41,865 --> 01:09:43,845
Cable, nothing.
1006
01:09:44,955 --> 01:09:45,885
You're a pound.
1007
01:09:52,925 --> 01:09:53,285
Yeah.
1008
01:09:56,675 --> 01:09:57,455
I close the session.
1009
01:09:57,455 --> 01:10:00,725
They'll probably run your,
a dollar down 40 pips.
1010
01:10:07,355 --> 01:10:08,255
Um,
1011
01:10:12,005 --> 01:10:15,515
am I going to teach breaker
day trades or breaker scalps?
1012
01:10:16,505 --> 01:10:21,245
That's pretty much self-explanatory
there your PD phrase that he looked for
1013
01:10:21,245 --> 01:10:23,045
the trade off of universal the timing.
1014
01:10:28,585 --> 01:10:32,575
Are we ever going to get a webcam
video or session with you or
1015
01:10:32,575 --> 01:10:34,165
do you plan to stay anonymous?
1016
01:10:34,855 --> 01:10:41,475
Um, Yeah, I played around this idea, but
I don't think I'm going to be doing any
1017
01:10:41,475 --> 01:10:47,265
of that because the folks that, uh, like
to make fun, they'll just take those
1018
01:10:47,265 --> 01:10:49,125
images and turn them into something else.
1019
01:10:53,065 --> 01:10:56,035
There's only been three pictures of me.
1020
01:10:56,185 --> 01:10:58,945
It's actually been real pictures of me.
1021
01:11:01,495 --> 01:11:04,885
They were asked their family members
and they have nothing to do with me.
1022
01:11:05,965 --> 01:11:06,245
All right.
1023
01:11:06,265 --> 01:11:10,165
Atlanta server is GMT plus
three, safe to assume there.
1024
01:11:10,705 --> 01:11:13,375
He bought, et cetera
are useful for analysis.
1025
01:11:13,555 --> 01:11:19,885
I don't have any experience with that
Constantinople, but con stand to knows,
1026
01:11:20,365 --> 01:11:24,985
uh, I'm sorry, how brutalize your, your
name, but I don't have any experience
1027
01:11:24,985 --> 01:11:25,945
with looking at that, with that.
1028
01:11:29,065 --> 01:11:32,275
Um, I found this setup often
fails in large consolidations.
1029
01:11:32,905 --> 01:11:34,675
Is there more criteria that we taught?
1030
01:11:34,795 --> 01:11:35,335
Yes.
1031
01:11:36,835 --> 01:11:38,455
There's a lot more secret sauce stuff.
1032
01:11:43,715 --> 01:11:46,475
A lot of comments, a lot of comments.
1033
01:12:03,645 --> 01:12:05,385
I don't know what you're
talking about, Daniel.
1034
01:12:05,445 --> 01:12:11,055
Um, have I heard anything from
best room and mining rate?
1035
01:12:12,505 --> 01:12:14,655
Don't know what, that don't know
what you're talking about there,
1036
01:12:20,455 --> 01:12:24,865
um, options that are going
to be in the month of June
1037
01:12:29,235 --> 01:12:30,225
and no, I don't do all that.
1038
01:12:30,285 --> 01:12:34,575
I don't do any of the exotic
it strangles and straddles and
1039
01:12:34,575 --> 01:12:35,565
spreads and all that stuff.
1040
01:12:35,805 --> 01:12:44,485
Well, I do, I do do a one, one thing
with a spread, but generally it's a long
1041
01:12:44,485 --> 01:12:47,095
call, long put you don't have anything.
1042
01:12:47,155 --> 01:12:48,145
You don't need anything more than that.
1043
01:12:49,735 --> 01:12:53,395
These guys got a family, you going
to be a career writer of options.
1044
01:12:53,395 --> 01:12:58,945
And most of mine's mean being made by
that, but I'm a directional bias trader.
1045
01:12:58,945 --> 01:13:00,775
So I'm looking for direction.
1046
01:13:02,665 --> 01:13:02,965
Yeah.
1047
01:13:02,965 --> 01:13:04,315
There's nothing going on
in the market right now.
1048
01:13:04,315 --> 01:13:07,645
Then also I'm just giving
everybody an opportunity to ask
1049
01:13:08,215 --> 01:13:11,355
anything that has, uh, line.
1050
01:13:11,495 --> 01:13:12,945
What was that line for today?
1051
01:13:24,255 --> 01:13:26,955
Can a scalp or day trade
turn into a swing trade?
1052
01:13:26,955 --> 01:13:30,915
Yes, that was basically
the heart of lesson.
1053
01:13:31,920 --> 01:13:35,220
The last month and we'll
build into a more criteria.
1054
01:13:35,220 --> 01:13:39,120
You can do that with, uh,
with these lessons this month.
1055
01:13:39,990 --> 01:13:44,460
Can we do another chart rather than your
dollar, which is a windup right now?
1056
01:13:47,220 --> 01:13:53,160
Can we do another chart while there's
no set up for anything right now?
1057
01:13:53,190 --> 01:13:54,180
Because the markets are on hold.
1058
01:13:55,050 --> 01:13:56,010
Nothing's really happening?
1059
01:13:58,440 --> 01:14:02,580
Well, we might see, might
see a dollar Ronald pear.
1060
01:14:04,710 --> 01:14:05,400
Get this off.
1061
01:14:11,059 --> 01:14:12,480
I might get it to run
up a little bit more.
1062
01:14:19,170 --> 01:14:20,849
Katz certainly wants to spread its wings
1063
01:14:26,700 --> 01:14:27,300
this year.
1064
01:14:27,300 --> 01:14:32,160
A dollar may end up becoming
a late New York roll over
1065
01:14:32,160 --> 01:14:33,930
where it just dribbled down.
1066
01:14:38,160 --> 01:14:40,500
I don't, I don't have
an entry again in here.
1067
01:14:42,269 --> 01:14:45,240
Barely watch and see if it
does anything the only lower.
1068
01:14:45,360 --> 01:14:47,490
I don't think we're
going to see a big run up
1069
01:14:51,120 --> 01:14:53,250
simply nothing pushing price around today.
1070
01:14:54,599 --> 01:14:55,320
I appreciate that.
1071
01:14:55,500 --> 01:14:57,960
Elsie Pepperstone has dollar index.
1072
01:14:58,875 --> 01:15:00,105
And so version for Mac too.
1073
01:15:00,375 --> 01:15:00,915
So that's cool.
1074
01:15:02,055 --> 01:15:06,105
Can you go over to daily
swing high on cable?
1075
01:15:06,644 --> 01:15:07,945
It looks identical to all.
1076
01:15:09,644 --> 01:15:11,745
I go over the daily show people,
1077
01:15:29,144 --> 01:15:33,135
this pair here for the life of me.
1078
01:15:33,135 --> 01:15:39,165
I believe it's going to want to take this
and close that little portion and right
1079
01:15:39,165 --> 01:15:42,135
there, and it's not a significant amount,
but I think that's where we're going
1080
01:15:42,135 --> 01:15:46,215
to look to see price on, uh, the cable.
1081
01:15:47,955 --> 01:15:52,215
Let me say Comcast, Comcast 31 40.
1082
01:15:52,215 --> 01:15:55,005
I think that's where cable
probably wants to reach up into.
1083
01:15:58,575 --> 01:16:03,855
So ideally what we want to
see is market rally up here.
1084
01:16:03,885 --> 01:16:05,265
I don't, I don't see this.
1085
01:16:05,325 --> 01:16:08,565
I don't see this high, another
high and then reject and so on.
1086
01:16:08,595 --> 01:16:09,495
I don't see that here yet.
1087
01:16:10,155 --> 01:16:14,385
It doesn't mean it can't form today
and give us a weekly run lower,
1088
01:16:14,385 --> 01:16:19,305
but I just think it's more apt
to go to 1 30, 1 40 longer-term.
1089
01:16:19,305 --> 01:16:23,805
So I want to be more focused
on that scenario unfolded
1090
01:16:23,805 --> 01:16:25,065
and trying to capture a high.
1091
01:16:32,550 --> 01:16:36,060
Vantage FX and go markets had
us dollar index, but it's a
1092
01:16:36,060 --> 01:16:38,340
little different price to FX LTD.
1093
01:16:39,270 --> 01:16:40,170
Thank you for that, Anton.
1094
01:16:44,100 --> 01:16:47,010
But you can probably appreciate why
I would not want to do that because
1095
01:16:47,430 --> 01:16:48,480
I already get a lot of questions.
1096
01:16:48,510 --> 01:16:50,250
Mug data doesn't look like yours.
1097
01:16:51,040 --> 01:16:53,070
Maybe won't regardless
of where you're trading,
1098
01:17:01,290 --> 01:17:04,200
who showed me initially how
smart money really works.
1099
01:17:04,230 --> 01:17:07,050
Well, my first introduction was
through lady Williams, which
1100
01:17:07,050 --> 01:17:07,950
commitment traders report.
1101
01:17:07,980 --> 01:17:10,320
And then I found out there's
a fallacy and falling.
1102
01:17:10,320 --> 01:17:11,130
It just blindly.
1103
01:17:11,670 --> 01:17:15,210
So I already came into trading because
of him, but the notion there was people
1104
01:17:15,210 --> 01:17:20,520
out there that knew more than I am
or knew, knew more than I do then.
1105
01:17:21,210 --> 01:17:28,530
And because of my attraction for
people trading in the markets
1106
01:17:28,530 --> 01:17:32,280
in America, online, back in the
nineties was kind of like the thing.
1107
01:17:32,520 --> 01:17:34,920
So they had message
boards on the internet.
1108
01:17:35,760 --> 01:17:38,070
And I ended up going into
one of the message boards.
1109
01:17:38,190 --> 01:17:45,450
Some guy was doing, uh, a stock picking
thing and I started naming stocks and it
1110
01:17:45,450 --> 01:17:49,800
got pretty, uh, I got a lot of following.
1111
01:17:50,260 --> 01:17:50,910
Let's put it that way.
1112
01:17:51,540 --> 01:17:54,630
And then everyone asked if I
did anything other than stocks.
1113
01:17:54,630 --> 01:17:56,520
And I was like, well, I
started as a commodity.
1114
01:17:57,599 --> 01:18:00,450
So I started talking about commodities
and specific moves in that market.
1115
01:18:00,629 --> 01:18:02,460
And I started getting popular there.
1116
01:18:03,719 --> 01:18:05,759
And then I focused on
the S and P and bond.
1117
01:18:06,210 --> 01:18:09,780
And because of that gathering, I got a
collection of people and made my own room.
1118
01:18:10,559 --> 01:18:15,450
And while I had my room and I would
do occasional posts to get more people
1119
01:18:15,450 --> 01:18:17,759
coming into the room, and it finally
got up to a thousand people in my
1120
01:18:17,790 --> 01:18:26,250
private room, uh, I was approached by a
gentleman that emailed me and, uh, asked
1121
01:18:26,250 --> 01:18:28,589
if I could be willing to sit with him.
1122
01:18:29,099 --> 01:18:32,339
And he would be willing to travel
to where I live on east coast.
1123
01:18:33,150 --> 01:18:38,190
And I was like, well, I'm not sure what
your interests would be with me, but,
1124
01:18:38,219 --> 01:18:40,799
you know, w w what's your we getting it?
1125
01:18:41,639 --> 01:18:44,910
He says, well, I, I, I would like
to meet with you and just discuss
1126
01:18:44,910 --> 01:18:45,929
some potential opportunities.
1127
01:18:45,929 --> 01:18:47,879
I was like, well, what
kind of opportunities?
1128
01:18:47,879 --> 01:18:52,230
Because at a time I was comfortable with
what I was doing, but long and short of
1129
01:18:52,230 --> 01:18:55,049
it is, um, but we made an arrangement.
1130
01:18:55,320 --> 01:19:01,530
We met in a undisclosed place and we met
with another gentlemen that was with him.
1131
01:19:01,650 --> 01:19:05,730
There was two guys that came and he
said, they have been very impressed by
1132
01:19:05,730 --> 01:19:10,469
the level of consistency I have with
the equities and the other market calls
1133
01:19:10,799 --> 01:19:13,860
and asked if I was working with someone.
1134
01:19:13,860 --> 01:19:15,990
And I was like, no, I
haven't done just homegrown.
1135
01:19:15,990 --> 01:19:17,429
I just did all this stuff on my own.
1136
01:19:18,269 --> 01:19:22,215
And he said, well, look, you know,
um, We have an opportunity for you if
1137
01:19:22,215 --> 01:19:23,475
you'd be interested in listening to it.
1138
01:19:23,715 --> 01:19:24,765
And I was like, okay, sure.
1139
01:19:24,795 --> 01:19:28,155
So I'm thinking, you know, they
want me to be like an analyst,
1140
01:19:28,394 --> 01:19:29,235
you know, that type of thing.
1141
01:19:29,235 --> 01:19:31,394
Cause I'm certainly not going to try
to trade out people's money because
1142
01:19:31,485 --> 01:19:35,835
at the time I was too stressed out
doing my own trading, you know,
1143
01:19:35,894 --> 01:19:38,325
there was a lot of risk and a lot of
leverage every time I took a trade.
1144
01:19:38,325 --> 01:19:42,465
So I already knew at that moment,
which later changed that I didn't want
1145
01:19:42,465 --> 01:19:45,015
to touch other people's money, but
if I was gonna be like an analyst,
1146
01:19:45,015 --> 01:19:48,945
that'd be great because I saw
people doing those types of things.
1147
01:19:48,945 --> 01:19:51,765
And I think at the time I really
wanted to be in, in the, like the
1148
01:19:51,765 --> 01:19:53,745
magazines, like, uh, futures magazine.
1149
01:19:54,345 --> 01:19:56,415
Um, they didn't have like trade
magazine back then, but futures
1150
01:19:56,684 --> 01:19:58,575
magazine was like the, the magazine.
1151
01:19:59,205 --> 01:20:01,485
And I wanted to have my name in
there because the ego and pump,
1152
01:20:01,965 --> 01:20:03,735
then I thought that's what these
guys were going to be doing.
1153
01:20:03,735 --> 01:20:06,045
They're going like, Hey look, you
know, they're going to ask me to
1154
01:20:06,045 --> 01:20:09,195
provide like an article once a
month and I've be all for that.
1155
01:20:09,195 --> 01:20:09,735
I wasn't great.
1156
01:20:10,455 --> 01:20:14,415
But they started talking to me
about things that, uh, would be
1157
01:20:14,415 --> 01:20:15,975
made available to me and teaching.
1158
01:20:16,394 --> 01:20:21,135
And would I be interested in
going to basically work with them?
1159
01:20:22,394 --> 01:20:26,595
And I wasn't really sure what
they were outlining until
1160
01:20:26,595 --> 01:20:28,455
our second interview meeting.
1161
01:20:29,115 --> 01:20:32,445
And they gave me some things to look
at it wasn't really highly detailed.
1162
01:20:32,535 --> 01:20:38,385
And, you know, just kinda like
quizzing me how I thought about things.
1163
01:20:38,535 --> 01:20:40,875
Like what was my mindset
about certain things?
1164
01:20:40,875 --> 01:20:42,375
And a lot of it had
nothing to do with trading.
1165
01:20:42,825 --> 01:20:47,655
Like w what's my opinion of,
um, certain things in the world.
1166
01:20:48,855 --> 01:20:51,375
I have no link to trading whatsoever.
1167
01:20:51,825 --> 01:20:54,615
It's almost similar to, and I'm not
sure if there's any of you that are
1168
01:20:54,615 --> 01:21:01,394
like police officers, but it's like a,
um, a psychological evaluation that,
1169
01:21:01,545 --> 01:21:02,745
that was really like the question.
1170
01:21:02,745 --> 01:21:04,065
It was like a questionnaire like that.
1171
01:21:04,304 --> 01:21:07,335
And they gave me that and they
said, look, you know, bring this
1172
01:21:07,335 --> 01:21:08,474
back with you when we meet again.
1173
01:21:08,474 --> 01:21:11,235
And I'll, I'll send you an email
and we'll meet at that time and
1174
01:21:11,235 --> 01:21:12,134
we'll meet the same place I like.
1175
01:21:12,134 --> 01:21:12,615
Okay, sure.
1176
01:21:13,335 --> 01:21:15,675
So literally I went home and
I went through it real quick.
1177
01:21:15,675 --> 01:21:20,205
It's about 32, 33 pages
of, uh, of questions.
1178
01:21:20,745 --> 01:21:25,335
And I just basically had to make a choice
of how I felt about that condition or
1179
01:21:25,335 --> 01:21:30,525
that, you know, uh, fall process about
whatever it is that they were asking
1180
01:21:30,525 --> 01:21:34,394
an individual questions and I had to
give back to them and I gave it to him.
1181
01:21:34,665 --> 01:21:37,425
Uh, we had another interview and
that was a little bit over an hour.
1182
01:21:37,815 --> 01:21:42,554
And they said, look, you know, we're going
to take a look at your, uh, your responses
1183
01:21:42,585 --> 01:21:45,915
here and we'll get back to you again
and then we'll have another interview.
1184
01:21:46,094 --> 01:21:46,934
And I was like, okay, sure.
1185
01:21:47,175 --> 01:21:49,184
And at this point, honestly,
I really wasn't interested.
1186
01:21:49,275 --> 01:21:51,465
And I was thinking to myself, you
know, what are these people doing?
1187
01:21:51,644 --> 01:21:54,075
Like, I didn't, they didn't
feel comfortable because they
1188
01:21:54,075 --> 01:21:55,025
didn't give me any real more.
1189
01:21:55,184 --> 01:21:58,844
They give me a lot of information and
that second one beyond the X thing,
1190
01:21:58,875 --> 01:21:59,925
questions of the questionnaire.
1191
01:22:06,255 --> 01:22:09,884
So anyway, Ms.
1192
01:22:09,884 --> 01:22:16,275
Served interview, they basically
outlined, um, how they would make more
1193
01:22:16,275 --> 01:22:17,775
information about trading available to me.
1194
01:22:19,050 --> 01:22:21,900
Yeah, if would be interested in
coming on board and be trained,
1195
01:22:21,929 --> 01:22:23,010
it'd be a formal training.
1196
01:22:24,120 --> 01:22:31,200
And I would be, you know, working with
a lot of the folks that you wouldn't
1197
01:22:31,200 --> 01:22:36,929
hear about or know about, but the things
that they know I have to be trained
1198
01:22:36,929 --> 01:22:38,219
and go through those types of things.
1199
01:22:38,280 --> 01:22:42,630
So naturally I was thinking, wow,
I'm going to be like, you know
1200
01:22:43,080 --> 01:22:47,580
what, the commercials now, and
it's not that it was completely
1201
01:22:48,179 --> 01:22:49,679
different from that like commercials.
1202
01:22:49,679 --> 01:22:55,380
They're just like, like Hershey, you
know, they're large, big users of cocoa.
1203
01:22:55,590 --> 01:22:59,820
So they have real supply and
demand people tracking the supply
1204
01:22:59,820 --> 01:23:01,559
and demand factors around cocoa.
1205
01:23:02,010 --> 01:23:04,860
Because if they have to use a ton of
it all the time daily to make their
1206
01:23:04,860 --> 01:23:09,300
candies in there, you know, their, their
products, they have to keep track of that.
1207
01:23:09,300 --> 01:23:11,610
And in commodities there's a
real supply and demand factor.
1208
01:23:12,300 --> 01:23:15,780
Every other asset class, it's
all artificial supply and demand.
1209
01:23:15,990 --> 01:23:17,400
It's, it's engineered.
1210
01:23:17,400 --> 01:23:20,550
It's manipulated not to say that
commodity prices aren't manipulated to
1211
01:23:20,550 --> 01:23:22,469
a certain degree because they are, but
1212
01:23:26,429 --> 01:23:36,360
the, the third interview was more or less
like they liked my responses, but they
1213
01:23:36,360 --> 01:23:41,070
had a lot of questions about where, what
to, what lengths would I be willing to go?
1214
01:23:41,660 --> 01:23:44,160
And what threshold would I go to?
1215
01:23:44,160 --> 01:23:46,080
Where I wouldn't like,
would I be willing to move.
1216
01:23:46,860 --> 01:23:49,259
And at the time I really
wasn't willing to move.
1217
01:23:49,740 --> 01:23:50,670
I'm a home body.
1218
01:23:50,920 --> 01:23:53,849
I like to be in one place.
1219
01:23:53,849 --> 01:23:55,050
I want it to be bouncing around.
1220
01:23:55,170 --> 01:24:00,389
And they were asking me, looking
at, you have to move a lot and
1221
01:24:00,540 --> 01:24:01,769
work with other people too.
1222
01:24:01,980 --> 01:24:05,250
So it would be not just me learning
it, it would be Mooney learning it.
1223
01:24:05,250 --> 01:24:10,259
And then I would be also teaching
other people, training other people.
1224
01:24:10,259 --> 01:24:17,490
And eventually all these things would
make me move up larger into more influence
1225
01:24:17,490 --> 01:24:18,929
about what the markets would be doing.
1226
01:24:19,980 --> 01:24:24,269
So I don't have anything more I can
say about it here, but, um, if you're
1227
01:24:24,269 --> 01:24:26,790
asking like who they are and what their
names are, I'm not going to do that.
1228
01:24:27,090 --> 01:24:30,269
Um, and that's not really supposed
to be talking about it at all
1229
01:24:30,269 --> 01:24:31,080
to be quite honest with you.
1230
01:24:31,080 --> 01:24:36,780
But, um, all the things that I
learned about dominion relation
1231
01:24:36,780 --> 01:24:40,860
aspect of the marketplace, obviously
that's always been a 10 forehead
1232
01:24:41,400 --> 01:24:42,599
topic for everyone out there.
1233
01:24:42,599 --> 01:24:44,969
If you ever traded right away, you
can think of somebody out there to
1234
01:24:44,969 --> 01:24:49,410
get ya, but it's not retail anything.
1235
01:24:49,410 --> 01:24:52,200
It's not like somebody I
can say, Hey, look, read.
1236
01:24:52,420 --> 01:24:53,969
Cause this'll get you close to it.
1237
01:24:54,059 --> 01:24:55,080
It's nothing like that.
1238
01:24:55,950 --> 01:25:01,170
And you see like, you go on YouTube, okay.
1239
01:25:01,170 --> 01:25:02,490
You can look up banking, market maker.
1240
01:25:03,300 --> 01:25:06,120
Obviously my stuff will pop up, but
then you have all these other guys
1241
01:25:06,120 --> 01:25:10,679
that'll say, you know, what, what
the market maker never wants you to
1242
01:25:10,679 --> 01:25:14,309
learn or what the I'll never teach
you about what the market does.
1243
01:25:15,240 --> 01:25:18,719
There's different degrees
of making a market.
1244
01:25:18,750 --> 01:25:23,490
I mean, obviously if you're a
writer for, um, options, you could
1245
01:25:23,490 --> 01:25:25,799
be a market maker in that aspect.
1246
01:25:26,340 --> 01:25:31,139
You know, if you are, uh, if
you're in a brokerage firm, okay.
1247
01:25:31,170 --> 01:25:33,299
And you're providing
that liquidity, you know?
1248
01:25:33,299 --> 01:25:33,570
Yeah.
1249
01:25:33,570 --> 01:25:36,299
You're a market maker, but that's
not what I'm talking about.
1250
01:25:36,299 --> 01:25:40,860
What I'm talking about is starts all
the way at the top and why the price
1251
01:25:40,860 --> 01:25:42,059
has manipulated from that point.
1252
01:25:42,840 --> 01:25:47,460
All these other people can come out with
courses and it can come up with workshops
1253
01:25:47,460 --> 01:25:51,240
and travel all around the world and
be real nice and polite and talk about
1254
01:25:51,240 --> 01:25:53,219
how, you know, it's this and it's that.
1255
01:25:53,250 --> 01:25:55,230
And it's nothing like that at all.
1256
01:25:55,679 --> 01:25:56,639
It's nothing like that.
1257
01:25:56,639 --> 01:26:00,929
There literally is a move
on other people's money.
1258
01:26:01,290 --> 01:26:02,490
And that's what it is.
1259
01:26:02,490 --> 01:26:03,570
It's not the retail folks.
1260
01:26:03,570 --> 01:26:08,759
It's the large funds and they
have a very systematic Jermaine,
1261
01:26:09,630 --> 01:26:15,870
not germane, not a systematic and
generic approach to how it's done.
1262
01:26:16,620 --> 01:26:18,480
And they'll have a lot of variables in it.
1263
01:26:18,900 --> 01:26:22,380
But when you understand them,
they repeat over and over again.
1264
01:26:23,190 --> 01:26:30,030
So years ago I took it upon
myself to ask the general populace
1265
01:26:30,120 --> 01:26:32,309
through very selected means.
1266
01:26:33,599 --> 01:26:37,500
If they could get a group of people
traded, uh, trained to do this as well.
1267
01:26:38,610 --> 01:26:42,765
And I did it for a, for a fee,
obviously, And that information is
1268
01:26:42,765 --> 01:26:46,335
pretty much being pumped all over the
internet and it's incomplete as well.
1269
01:26:46,394 --> 01:26:48,915
It has a lot of different stuff
that I don't even use anymore.
1270
01:26:49,275 --> 01:26:52,724
And they added things to it, all these
other indicators that I didn't use back
1271
01:26:52,724 --> 01:26:58,845
then, but the, uh, the idea of what
smart money really does like it, first of
1272
01:26:58,845 --> 01:27:04,785
all, there's no way I could have arrived
at these types of things on my own.
1273
01:27:05,835 --> 01:27:09,825
I had a lot of preconceived notions
about why the market does what it does,
1274
01:27:10,934 --> 01:27:15,075
but I couldn't put my finger on exactly
how it could be seen and expected
1275
01:27:15,075 --> 01:27:16,485
to see unfold again in the future.
1276
01:27:16,755 --> 01:27:19,845
Like I always see like anything
else, everything's perfect hindsight.
1277
01:27:20,625 --> 01:27:24,405
But what I started looking at is all
because I journaled like a madman.
1278
01:27:24,465 --> 01:27:27,345
I mean, I'd literally kept journals
every single trading day, whether I
1279
01:27:27,345 --> 01:27:33,555
did a trade or didn't do a trade, I
was journaling all the time because my
1280
01:27:33,555 --> 01:27:41,025
opinion of development is you have to
have some measure of where you came from.
1281
01:27:41,415 --> 01:27:43,934
And if you don't have that, you don't know
if you're going in the right direction.
1282
01:27:44,535 --> 01:27:48,855
So, because I was obsessive about learning
this stuff and spending half of a 24 hour
1283
01:27:48,855 --> 01:27:53,205
day always being immersed in it, reading
it and listening to it and cassette
1284
01:27:53,205 --> 01:27:56,505
tapes, you know, when I was dealing with
any route, you know, I had a headset, a
1285
01:27:56,505 --> 01:28:00,795
Walkman, and I would listen to, you know,
dice talking about trading, you know, and
1286
01:28:00,885 --> 01:28:05,535
it was, I was constantly feeding myself
and a lot of it was garbage, but I was
1287
01:28:05,535 --> 01:28:07,005
always plugged into the marketplace.
1288
01:28:07,005 --> 01:28:08,925
So I've very, very high.
1289
01:28:10,155 --> 01:28:11,745
Selective about what I was listening to.
1290
01:28:11,745 --> 01:28:14,835
I didn't watch TV and doing
any kind of sports anymore.
1291
01:28:15,015 --> 01:28:17,835
I worked out and it just
consumed the market stuff.
1292
01:28:18,045 --> 01:28:20,565
Data looked at all kinds of asset
classes, tried to figure out
1293
01:28:20,565 --> 01:28:21,825
everything I could possibly figure out.
1294
01:28:22,785 --> 01:28:26,955
But what I learned from meeting these
two gentlemen and the things they
1295
01:28:26,955 --> 01:28:29,535
taught, it filled in a lot of the gaps.
1296
01:28:29,565 --> 01:28:31,305
When I went back to my old stuff.
1297
01:28:32,055 --> 01:28:39,435
And while they did not say, um, this is
a breaker, this is a mitigation block.
1298
01:28:39,675 --> 01:28:40,035
Okay.
1299
01:28:40,395 --> 01:28:42,705
Those terms are created by me.
1300
01:28:43,185 --> 01:28:44,115
I created that.
1301
01:28:44,115 --> 01:28:48,165
So that way I can talk about
the idea that I see in charts.
1302
01:28:48,765 --> 01:28:51,585
And I'm not in any way, shape or
form in trouble for doing that.
1303
01:28:51,585 --> 01:28:55,515
That's why I've made it pretty much
that's public knowledge, but that
1304
01:28:55,515 --> 01:28:57,345
stuff doesn't exist in other things.
1305
01:28:57,435 --> 01:29:02,685
And while it quick glance, if they see
a rectangle on a chart, they readily
1306
01:29:02,715 --> 01:29:04,215
naturally assume it's supply and demand.
1307
01:29:04,215 --> 01:29:05,175
And I am done.
1308
01:29:05,235 --> 01:29:09,075
I've done something with Sam stuff
over at trade, online trade academy.
1309
01:29:09,615 --> 01:29:12,465
I've watched maybe seven
videos of his stuff.
1310
01:29:12,945 --> 01:29:16,785
And like I said, if anybody's really
studied my work, you can see it's not
1311
01:29:16,875 --> 01:29:20,445
supplying demand, but because there's a
box that may be on my chart right away.
1312
01:29:20,445 --> 01:29:21,705
They're gonna assume that it's that.
1313
01:29:21,765 --> 01:29:22,725
And it's nothing like that.
1314
01:29:23,745 --> 01:29:24,405
You'll learn.
1315
01:29:24,405 --> 01:29:29,955
If you haven't already learned the
storyline behind why price is moving.
1316
01:29:30,735 --> 01:29:33,165
That's the missing element in everybody.
1317
01:29:33,165 --> 01:29:34,275
Else's discipline.
1318
01:29:35,475 --> 01:29:36,675
That's why the breakers are good.
1319
01:29:37,455 --> 01:29:41,655
That's why when you understand when
price comes back to a specific block,
1320
01:29:41,835 --> 01:29:45,554
and if it's a mitigation, why is it
going to be resistance or why it's
1321
01:29:45,554 --> 01:29:49,875
going to be support because there's
a storyline behind it over here.
1322
01:29:49,995 --> 01:29:54,075
For instance, the reason why I did the
scalp yesterday, I'm going to tell you
1323
01:29:54,165 --> 01:29:59,594
why you as a smart money idea, the range
was already going to be capped because
1324
01:29:59,594 --> 01:30:01,215
of the likelihood of that dollar index.
1325
01:30:01,215 --> 01:30:02,384
Coming down to that fair value gap.
1326
01:30:03,615 --> 01:30:05,835
It doesn't want to come down
here, rebalance that out.
1327
01:30:06,255 --> 01:30:08,804
They only want to come down here
to close that in, not to go lower.
1328
01:30:09,525 --> 01:30:12,465
They want to come down and have to
close that in and then likely move up.
1329
01:30:13,605 --> 01:30:15,974
That's all I need to frame a sell.
1330
01:30:15,974 --> 01:30:19,844
So what's the way I would love to sell
everybody else that wants to sell short.
1331
01:30:19,875 --> 01:30:20,925
They're already positioned here.
1332
01:30:20,955 --> 01:30:22,455
They came all the way
back up to take them.
1333
01:30:22,455 --> 01:30:25,155
So I'm going to sell as
that price was above that.
1334
01:30:25,844 --> 01:30:31,575
I learned that by looking at what
I learned in concept of how the
1335
01:30:31,575 --> 01:30:36,495
markets are manipulated and how other
priced and certain things around
1336
01:30:36,495 --> 01:30:40,455
time of day, I went back and looked
at my charts where I lost money.
1337
01:30:40,724 --> 01:30:44,325
And I saw very quickly where
I was doing the opposite.
1338
01:30:44,835 --> 01:30:46,875
Like I would be looking
to go long up in here.
1339
01:30:47,535 --> 01:30:51,525
Like I thought early as an early
trader, this move above this high,
1340
01:30:51,884 --> 01:30:54,315
any movement here in consolidation,
that's going to be a bull flag.
1341
01:30:54,315 --> 01:30:54,974
It's going to keep going.
1342
01:30:55,335 --> 01:30:56,384
And I would be getting along here.
1343
01:30:56,474 --> 01:30:57,915
So that would be buying the highs.
1344
01:30:59,115 --> 01:31:01,365
It changed that whole way of thinking.
1345
01:31:01,785 --> 01:31:05,235
When I looked back at my own trades
and the real science behind what
1346
01:31:05,235 --> 01:31:06,705
makes me ICT or in a circle trader.
1347
01:31:08,190 --> 01:31:11,730
I look at the storyline
in price, what they did.
1348
01:31:12,000 --> 01:31:16,980
And I justify in my own terms,
why they did it, they came back up
1349
01:31:16,980 --> 01:31:18,840
to take these stops to go lower.
1350
01:31:19,260 --> 01:31:19,710
Why?
1351
01:31:19,740 --> 01:31:21,410
Because it went down to fair value.
1352
01:31:21,410 --> 01:31:23,850
You got this should provide
support in here on a dollar index.
1353
01:31:24,240 --> 01:31:26,670
And I'm not expecting a big move
because we're in consolidation.
1354
01:31:27,420 --> 01:31:28,290
So what about done here?
1355
01:31:28,290 --> 01:31:28,560
Okay.
1356
01:31:29,010 --> 01:31:33,930
I've created a criteria in concept
form where the dollar should be
1357
01:31:33,930 --> 01:31:37,830
forming bullishness or support
at a time when the price of your
1358
01:31:37,830 --> 01:31:39,180
dollar is rallying above an OHI.
1359
01:31:39,630 --> 01:31:43,080
This, this rally is going to
be suspect they're coming back
1360
01:31:43,080 --> 01:31:44,160
there to take those stops.
1361
01:31:44,830 --> 01:31:47,100
There's likely to have being
a big upper range, not likely.
1362
01:31:47,550 --> 01:31:52,740
So all these classifications
and conditions being met around
1363
01:31:52,740 --> 01:31:53,820
a specific time of the day.
1364
01:31:54,330 --> 01:32:01,440
Well, we've already seen this type of
day or time of day, rather 14, 15 sets
1365
01:32:02,340 --> 01:32:07,710
nine 15 in the morning and your time
and your expected a small range day.
1366
01:32:08,550 --> 01:32:12,630
You're gonna possibly see what, uh, New
York reversal, New York reversal unfolds.
1367
01:32:12,900 --> 01:32:15,720
And you could see it was only
one PIP above this high and
1368
01:32:15,720 --> 01:32:16,770
really, really nice entry.
1369
01:32:18,930 --> 01:32:23,640
Everything that I've done was
the go back and price and figure
1370
01:32:23,640 --> 01:32:25,830
out what that manipulation was.
1371
01:32:26,130 --> 01:32:27,930
And why would they want to
knock out that individual?
1372
01:32:27,930 --> 01:32:30,030
Or why would they want to take
price down to a specific level?
1373
01:32:30,330 --> 01:32:32,100
What's that storyline see?
1374
01:32:32,110 --> 01:32:33,150
No one teaches that.
1375
01:32:33,150 --> 01:32:35,870
They'll always talk about it in hindsight,
but no one has been able to put.
1376
01:32:36,930 --> 01:32:40,660
The work to outline what that storyline.
1377
01:32:41,070 --> 01:32:41,280
Okay.
1378
01:32:41,280 --> 01:32:42,300
If you look at, uh,
1379
01:32:45,330 --> 01:32:50,460
Steve Morrow's, um, business, what he's
done with my information, he's had a
1380
01:32:50,460 --> 01:32:56,400
lot of indicators and crap to it, but he
talks about just the simple failure swings
1381
01:32:56,400 --> 01:32:57,630
at the highs and the lows in London.
1382
01:32:58,230 --> 01:32:58,590
Okay.
1383
01:32:59,280 --> 01:33:00,480
Sometimes it doesn't create that.
1384
01:33:01,230 --> 01:33:02,970
And that's why people that use that stuff.
1385
01:33:02,970 --> 01:33:03,780
They find on the internet.
1386
01:33:03,810 --> 01:33:05,610
They don't always get good setups.
1387
01:33:05,850 --> 01:33:08,820
Sometimes they're going to sell short
and it runs up one more time and goes
1388
01:33:08,820 --> 01:33:12,390
into a breaker, or it goes in and
fills in a void, or it closes a gap.
1389
01:33:12,990 --> 01:33:14,100
See, he didn't learn that.
1390
01:33:14,550 --> 01:33:16,050
I kept all that stuff from him.
1391
01:33:16,260 --> 01:33:17,640
I kept it from everyone.
1392
01:33:18,840 --> 01:33:22,590
The storyline is there has
to be a movement in price to
1393
01:33:22,590 --> 01:33:24,660
go to a rebalancing point.
1394
01:33:26,220 --> 01:33:28,380
That's what I liked about Chris
Laurie, because he's real close
1395
01:33:28,380 --> 01:33:29,520
to it, but he doesn't have it.
1396
01:33:30,270 --> 01:33:31,560
He understands imbalances.
1397
01:33:31,800 --> 01:33:34,950
But if you look at what he teaches, he
doesn't teach everything that I taught
1398
01:33:34,980 --> 01:33:36,570
just in the snow, the sniper series.
1399
01:33:37,080 --> 01:33:40,560
If he incorporated that with what he
does, he probably do a lot better.
1400
01:33:41,580 --> 01:33:43,590
Secondly, uh, there's another guy.
1401
01:33:43,590 --> 01:33:49,830
Steve is a Steven Cole, Cole,
Martin Cole, Martin Cole.
1402
01:33:50,460 --> 01:33:54,110
Um, he, you know, he has information,
supposedly that's the market maker, this,
1403
01:33:54,110 --> 01:34:00,870
this market maker that again, watered
down version of a PDF file from 2001.
1404
01:34:01,890 --> 01:34:04,080
And again, he talks about the box.
1405
01:34:04,080 --> 01:34:05,250
What size is what's inside the box?
1406
01:34:06,135 --> 01:34:06,495
Okay.
1407
01:34:07,095 --> 01:34:09,465
All that was is a watered down
version of a conversation.
1408
01:34:09,465 --> 01:34:13,905
I had referring to how in consolidations,
we want to know what the market makers
1409
01:34:13,905 --> 01:34:15,915
are going to do inside that range.
1410
01:34:16,605 --> 01:34:20,295
And the manipulation is if we're bullish,
we want to see that manipulation move out
1411
01:34:20,295 --> 01:34:22,155
of the box, lower that's the Judas swing.
1412
01:34:22,215 --> 01:34:23,775
I didn't call it a Judas swing at.
1413
01:34:23,775 --> 01:34:27,555
I said, we want to see a swing out of that
box, whatever that box is going to be.
1414
01:34:27,585 --> 01:34:28,245
Well, guess what?
1415
01:34:28,605 --> 01:34:32,325
There's several instances throughout
the 24 hour trading day, where you
1416
01:34:32,325 --> 01:34:33,575
can see a potential Judas swing.
1417
01:34:33,585 --> 01:34:34,605
One of them is London lunch.
1418
01:34:35,145 --> 01:34:36,495
One of them is Lennon close.
1419
01:34:37,095 --> 01:34:38,685
One of them is London open.
1420
01:34:38,775 --> 01:34:40,875
And the other is the new day.
1421
01:34:41,985 --> 01:34:46,125
New York is generally always a
reversal or it's a continuation.
1422
01:34:48,615 --> 01:34:54,135
The way I break down price with all
these storyline ideas is it gives
1423
01:34:54,135 --> 01:34:58,095
you context, context that doesn't
appear in any other discipline.
1424
01:34:58,695 --> 01:35:04,965
So the greatest work I've had and what
makes my whole approach to trading unique
1425
01:35:04,965 --> 01:35:11,385
is that I have always gone into price to
try to justify what it is that's going on
1426
01:35:11,385 --> 01:35:13,035
because I don't see buyers and sellers.
1427
01:35:13,695 --> 01:35:14,925
That's what the market teaches us.
1428
01:35:15,225 --> 01:35:18,105
If you listen to supply and demand,
the guy says he learned this by
1429
01:35:18,105 --> 01:35:21,075
looking at the stack of tickets,
how many buy orders and how many
1430
01:35:21,075 --> 01:35:23,715
sellers he didn't clear for everybody.
1431
01:35:24,135 --> 01:35:26,415
So that's nonsense by itself right away.
1432
01:35:26,415 --> 01:35:27,135
That's nonsense.
1433
01:35:27,435 --> 01:35:29,265
That's like saying, you
know, the total volume.
1434
01:35:29,655 --> 01:35:30,165
Okay.
1435
01:35:30,255 --> 01:35:33,915
In, um, enforced because your
broker shows you therefore.
1436
01:35:34,695 --> 01:35:38,925
That doesn't equal the same amount of the
total volume of that buying or selling.
1437
01:35:38,925 --> 01:35:43,255
And you're not going to get real
accurate, uh, volume for four X because
1438
01:35:43,255 --> 01:35:44,775
it's, there's no local exchange.
1439
01:35:44,804 --> 01:35:46,155
There's no centralized exchange.
1440
01:35:46,155 --> 01:35:51,465
So again, I mean, we could talk about
this all day long and it's either
1441
01:35:51,465 --> 01:35:54,735
going to bore you or you're going to
be like, well, I didn't know that.
1442
01:35:54,855 --> 01:35:58,304
I mean, we've said it enough, but
the point is, is I don't want to
1443
01:36:00,405 --> 01:36:02,804
give you the impression that I'm
going to tell you their names.
1444
01:36:02,985 --> 01:36:03,434
Okay.
1445
01:36:03,644 --> 01:36:05,235
And how are you going to
meet them all my business?
1446
01:36:05,235 --> 01:36:09,554
Because when I walked away from
it, I was scared, you know?
1447
01:36:09,554 --> 01:36:16,724
And I was nervous when I first
put my first video up, I was
1448
01:36:16,724 --> 01:36:17,835
reminding myself out loud.
1449
01:36:18,285 --> 01:36:19,635
I'm only going to teach this much.
1450
01:36:19,995 --> 01:36:21,255
I'm going to say this much.
1451
01:36:21,495 --> 01:36:26,835
And, but what happened was, is I got
very, very good feedback, which I knew
1452
01:36:26,835 --> 01:36:34,094
it would, but the feedback became like a
reliving of the, that moment that I got.
1453
01:36:34,815 --> 01:36:38,565
And I got addicted to that feeling of,
I know what that feeling is for them.
1454
01:36:39,405 --> 01:36:40,175
And I wanted to relive it.
1455
01:36:40,175 --> 01:36:43,005
And if you go back and listen to my
videos actually got emotional sometimes.
1456
01:36:43,485 --> 01:36:46,815
And because I know what it's like, I know
exactly what it's like for all of you.
1457
01:36:47,505 --> 01:36:49,724
I know it's like when you were struggling,
I know when it's like, when you're
1458
01:36:49,724 --> 01:36:51,615
getting right on the cusp of success.
1459
01:36:52,155 --> 01:36:55,485
And I know it's like when you get
it and you finally have it and
1460
01:36:55,485 --> 01:36:58,065
there's nothing I can do to take
it back from you and nothing.
1461
01:36:58,065 --> 01:37:00,165
Anyone else is gonna say to change
your mind about it, you'll know.
1462
01:37:01,035 --> 01:37:01,635
You know it.
1463
01:37:01,995 --> 01:37:04,875
So it's like, you know, London
creating and high, low today.
1464
01:37:04,934 --> 01:37:07,844
I mean, you know, it now
it's a direction on biases.
1465
01:37:07,875 --> 01:37:11,355
You know, one sided, you know,
what's going to happen between
1466
01:37:11,355 --> 01:37:12,885
two o'clock and four o'clock
in the morning, New York time.
1467
01:37:13,934 --> 01:37:14,955
It's an, it's a dead ringer.
1468
01:37:15,195 --> 01:37:17,144
Not every day is going to do
it, but you know, that there's
1469
01:37:17,155 --> 01:37:18,465
likelihood that unfolding it's there.
1470
01:37:18,855 --> 01:37:23,894
So, uh, when I first started talking
about the deviations on central
1471
01:37:23,894 --> 01:37:27,585
bank deals, range right away,
people were trying to apply it.
1472
01:37:28,215 --> 01:37:30,465
And because they don't have all
the conditions that you would look
1473
01:37:30,465 --> 01:37:32,804
forward to apply it, oh, this is crap.
1474
01:37:32,835 --> 01:37:33,255
Doesn't work.
1475
01:37:34,065 --> 01:37:36,405
No, you don't have every piece of it.
1476
01:37:36,974 --> 01:37:42,705
If I give you, you know, four pieces of
a jigsaw puzzle, the likelihood of you
1477
01:37:42,705 --> 01:37:46,155
knowing what their picture is, it's not
likely you're going to know what it is.
1478
01:37:47,235 --> 01:37:50,985
So it's reasonable to assume
you're not going to get the
1479
01:37:50,985 --> 01:37:52,215
outcome that you probably thought.
1480
01:37:52,605 --> 01:37:55,215
So, yeah, I feel comfortable with having
central my dealer's range on a YouTube
1481
01:37:55,215 --> 01:38:00,585
channel because it gives them enough that
they can find it in the charts sometimes
1482
01:38:00,585 --> 01:38:02,175
and say, wow, look how precise that was.
1483
01:38:02,385 --> 01:38:04,005
I wish I could have done that trade.
1484
01:38:04,184 --> 01:38:05,175
See, that's what you're learning.
1485
01:38:05,175 --> 01:38:08,535
You're learning all those things that
leads to why you pay attention to central
1486
01:38:08,535 --> 01:38:11,684
bank dealer, trains that day and why
you got one or two standard deviations.
1487
01:38:13,625 --> 01:38:18,855
I put it out there to let people
know this is how I found it.
1488
01:38:19,934 --> 01:38:23,865
I did certain things and studied
way price did these things, and
1489
01:38:23,865 --> 01:38:24,945
it doesn't make me a genius.
1490
01:38:24,945 --> 01:38:27,525
It just makes me an
obsessive compulsive person.
1491
01:38:28,275 --> 01:38:29,785
I wasn't letting go of it until I figured.
1492
01:38:31,215 --> 01:38:36,555
And it took a long time for me to come
to terms with, I wanted it to be perfect.
1493
01:38:36,555 --> 01:38:39,525
Like everyone, like I needed
it to be every single day.
1494
01:38:39,525 --> 01:38:41,685
I need to know what the high
and the low is every single day.
1495
01:38:42,495 --> 01:38:44,955
And I was only getting like
two or three times a week where
1496
01:38:44,955 --> 01:38:45,915
I would nail the higher, low.
1497
01:38:46,935 --> 01:38:51,045
And then it came quickly that I realized
that I didn't have to have it every single
1498
01:38:51,045 --> 01:38:54,675
day, because I knew there was repeating
conditions that said, you know what?
1499
01:38:55,455 --> 01:38:59,655
It may unfold, but it's not
as highly probable as these
1500
01:38:59,655 --> 01:39:00,765
other conditions I've noticed.
1501
01:39:01,815 --> 01:39:03,555
And that's what makes this hard.
1502
01:39:03,585 --> 01:39:04,905
My stuff is expensive.
1503
01:39:05,205 --> 01:39:07,755
It takes a lot of time, a lot
of energy, a lot of effort.
1504
01:39:07,755 --> 01:39:11,265
But when you study it all, you're
going to get freaky results, man.
1505
01:39:11,325 --> 01:39:17,055
I mean, ridiculous accuracy and you've
seen, and you've seen some of it already.
1506
01:39:17,295 --> 01:39:24,075
So I went a long way around, who taught
me this way, smart money really works,
1507
01:39:24,075 --> 01:39:31,275
but it was basically the information
that these two gentlemen provided to
1508
01:39:31,275 --> 01:39:38,925
me by way of something I can't tell
you or a teacher show you because it's
1509
01:39:38,925 --> 01:39:40,635
not for the general public to know.
1510
01:39:41,415 --> 01:39:43,485
And I signed something just
like you signed something.
1511
01:39:43,515 --> 01:39:44,985
Could I can't divulge that?
1512
01:39:45,795 --> 01:39:51,495
So what I did was I bridged all that
and I created what you're learning.
1513
01:39:52,380 --> 01:39:57,510
And you got about 75% of it now we're,
we're coming to the end of it all.
1514
01:39:57,690 --> 01:40:01,650
But by the time we get through
completed in August, I don't
1515
01:40:01,650 --> 01:40:02,760
have anything else to give.
1516
01:40:03,240 --> 01:40:05,670
There won't be anything
else to teach and I'm done.
1517
01:40:05,700 --> 01:40:07,140
It'll satisfy that promise.
1518
01:40:07,140 --> 01:40:11,250
I made that if I was successful, I
would make it available to other people.
1519
01:40:12,060 --> 01:40:12,840
And I'm doing that.
1520
01:40:13,770 --> 01:40:21,300
So don't think for a minute down ever
holding some secret back that you need
1521
01:40:21,330 --> 01:40:25,290
to make it work because everything that
I'm teaching you in this entire course,
1522
01:40:25,530 --> 01:40:30,390
all 12 months of the content, that's
everything I know and how I use it.
1523
01:40:30,690 --> 01:40:31,440
And when I use it.
1524
01:40:31,890 --> 01:40:34,830
So there's nothing, there's
no secret series of videos.
1525
01:40:34,830 --> 01:40:35,550
That's going to come out.
1526
01:40:35,910 --> 01:40:37,050
There's no upsell.
1527
01:40:37,200 --> 01:40:40,590
Hey, if you really want to know
that I'm done, um, there's nothing
1528
01:40:40,590 --> 01:40:42,030
else I'm going to teach you.
1529
01:40:42,300 --> 01:40:44,340
And there's nothing else
you'll ever need to learn.
1530
01:40:44,760 --> 01:40:46,170
You'll never need to buy another book.
1531
01:40:46,350 --> 01:40:48,630
You'll never need to look at
another workshop or video.
1532
01:40:48,960 --> 01:40:51,480
Another teacher you'll know
everything you need to know.
1533
01:40:52,080 --> 01:40:55,650
You'll know that every criteria that you
use it in and when not to use any of it.
1534
01:40:56,820 --> 01:40:59,520
And that's a complete, that's
a complete method of trading.
1535
01:41:00,990 --> 01:41:05,070
You know, I like Chris Laurie, cause he's
got a lot of simple things about price.
1536
01:41:05,070 --> 01:41:07,680
That makes sense because
it's very close to what I do.
1537
01:41:08,070 --> 01:41:11,970
But maybe if I was going to be highly
critical, you know, just about every one
1538
01:41:11,970 --> 01:41:14,730
of them, except for, uh, closing, avoid.
1539
01:41:16,165 --> 01:41:19,495
Um, they all have several things
that I would like to add to it.
1540
01:41:20,005 --> 01:41:23,724
And we've exchanged ideas in conversation
on the phone, or, you know, and when
1541
01:41:23,724 --> 01:41:28,915
we did do webinars together, uh, at the
end, you know, go over certain things
1542
01:41:28,915 --> 01:41:34,285
and we would compare ideas about what
we would interpret price at specific
1543
01:41:34,285 --> 01:41:40,134
little on why this and why that, but
apart from him, nobody else I don't think
1544
01:41:40,134 --> 01:41:45,924
should be listened to in the foreign
exchange market, because it's all fluff.
1545
01:41:46,285 --> 01:41:48,205
It's leading you the other direction.
1546
01:41:48,594 --> 01:41:56,005
While there may be some momentary
response off a price based on, you
1547
01:41:56,005 --> 01:41:59,905
know, something that didn't even
put that person in the trade with.
1548
01:42:00,174 --> 01:42:04,825
It just happened to be an overlap where
it worked like pivots pivot, sometimes
1549
01:42:04,825 --> 01:42:07,705
work, and sometimes they don't, but
we always see them in books where they
1550
01:42:07,705 --> 01:42:09,445
always call the low and the high today.
1551
01:42:10,375 --> 01:42:11,934
That's not always the case.
1552
01:42:12,684 --> 01:42:16,915
There are certain things that, you know,
I teach just about generic to the degree
1553
01:42:16,915 --> 01:42:18,625
where you can expect it almost daily.
1554
01:42:19,195 --> 01:42:23,665
And it's very, very accurate.
1555
01:42:24,474 --> 01:42:25,375
It's not like it comes in.
1556
01:42:25,375 --> 01:42:29,695
And once in a while, it's a daily
phenomenon, every single day, a high or a
1557
01:42:29,695 --> 01:42:31,974
low forms, a moment in one pair another.
1558
01:42:32,485 --> 01:42:35,215
And if you go back and look at the
analysis that leads you to a directional
1559
01:42:35,215 --> 01:42:38,665
bias, it's pretty much something
you can treat every single day.
1560
01:42:39,264 --> 01:42:40,585
But I don't like to do that.
1561
01:42:40,585 --> 01:42:42,445
I'd rather be a selective special.
1562
01:42:43,530 --> 01:42:44,970
And I like Euro and cable.
1563
01:42:45,870 --> 01:42:51,150
I only offer dollar cat and Aldi
dollar as a means of just providing
1564
01:42:51,150 --> 01:42:53,490
something else to prove that
this stuff works in other pairs.
1565
01:43:04,070 --> 01:43:08,360
Um, I collapsed a year, a dollar
trade because it hasn't moved and
1566
01:43:08,360 --> 01:43:11,840
we didn't see a continuation on a
dollar index and it's yet to move.
1567
01:43:11,840 --> 01:43:15,500
So it's better to be on the sidelines
now, nothing nothing's moving.
1568
01:43:18,019 --> 01:43:19,400
Uh,
1569
01:43:26,780 --> 01:43:29,660
would you add the free tutorial
link stuff to this forum?
1570
01:43:30,410 --> 01:43:32,240
If taken down from your website?
1571
01:43:32,300 --> 01:43:33,380
Let me rephrase that Matt.
1572
01:43:34,940 --> 01:43:40,220
I'm taking them down individually
and replacing them immediately.
1573
01:43:40,519 --> 01:43:43,610
So there won't be a point where
the videos are gone from my forum.
1574
01:43:44,599 --> 01:43:48,800
I'm just having Cody go through them
and remove the beginning intros and
1575
01:43:48,800 --> 01:43:53,870
adding a couple of different things in
the production and then re re replacing
1576
01:43:53,870 --> 01:43:55,760
it back on the web on my forum.
1577
01:43:56,390 --> 01:43:58,790
Well, not a formal one, but my
website, I'm not taking anything
1578
01:43:58,790 --> 01:44:00,890
down to, to remove it entirely.
1579
01:44:00,890 --> 01:44:04,990
I'm just letting you know I'm
going to be removing the, uh, the
1580
01:44:04,990 --> 01:44:07,220
website that's promoted in one.
1581
01:44:07,220 --> 01:44:08,960
I think if I'm not
mistaken, one of the series.
1582
01:44:10,514 --> 01:44:13,365
My best one, in my opinion,
slapper shouldn't have never had
1583
01:44:13,365 --> 01:44:15,304
that, that forum advertise on it.
1584
01:44:17,085 --> 01:44:23,235
And it does get to use daily
action to eventually hit 20,
1585
01:44:23,235 --> 01:44:25,815
40, and 60 day data ranges.
1586
01:44:25,844 --> 01:44:32,264
Yes, David, if news outcome known
and advanced by smart money.
1587
01:44:32,415 --> 01:44:32,804
Okay.
1588
01:44:33,195 --> 01:44:36,405
Is news outcome known
and advanced by Slamon?
1589
01:44:40,035 --> 01:44:40,905
Let me say it like this.
1590
01:44:41,295 --> 01:44:46,125
There are people that know what the data
releases are going to say before the fact.
1591
01:44:46,125 --> 01:44:46,514
Yes.
1592
01:44:47,955 --> 01:44:49,094
Are they smart money?
1593
01:44:49,335 --> 01:44:53,565
No, they're informed money because they
know what the numbers are going to be.
1594
01:44:54,495 --> 01:44:57,884
The difference between informed
money and smart money is smart.
1595
01:44:57,884 --> 01:45:01,785
Money will manipulate price
around that news event.
1596
01:45:02,295 --> 01:45:03,825
So, I mean, give me an example.
1597
01:45:06,585 --> 01:45:10,905
You look at a specific report that comes
out and if you go into Forex factory and
1598
01:45:10,905 --> 01:45:16,245
you click on the report, little folder,
it tells you the basic idea of how to
1599
01:45:16,245 --> 01:45:17,865
use the inter or interpret the price.
1600
01:45:18,525 --> 01:45:21,165
Um, expectation based
on the numbers release.
1601
01:45:21,735 --> 01:45:25,815
If this number is greater or higher,
this is positive for the currency.
1602
01:45:26,535 --> 01:45:31,215
Well, the release comes out that mousse
should be positive for the currency.
1603
01:45:31,455 --> 01:45:32,175
And what does it do?
1604
01:45:32,474 --> 01:45:32,925
He goes the other.
1605
01:45:34,415 --> 01:45:35,795
That's that's smart money.
1606
01:45:36,155 --> 01:45:39,305
They manipulate the thought
processes because everyone's
1607
01:45:39,305 --> 01:45:40,805
interpretation of fundamentals.
1608
01:45:41,795 --> 01:45:43,055
That's not the secret to it.
1609
01:45:43,265 --> 01:45:45,605
Now it's the secret to
long-term investing.
1610
01:45:45,605 --> 01:45:49,235
Yes, but I'm not in Forex
for long-term investing.
1611
01:45:49,325 --> 01:45:50,645
I'm in here for velocity.
1612
01:45:50,675 --> 01:45:52,325
I'm going to put my money at
work and pull it back out.
1613
01:45:52,385 --> 01:45:59,225
So I'm using the model of smart money,
manipulating price around news events,
1614
01:45:59,225 --> 01:46:03,635
because what you normally expect to see
happen, generally, isn't what happens.
1615
01:46:04,235 --> 01:46:04,895
And it's amazing.
1616
01:46:04,895 --> 01:46:08,585
It's almost like you can, you can just
do the opposite, what you expect to
1617
01:46:08,585 --> 01:46:10,835
see and then lots of work to unfold.
1618
01:46:11,195 --> 01:46:14,825
And that manipulation that takes place
while it'd be bullish for a currency.
1619
01:46:14,825 --> 01:46:19,205
If we see a specific number, come out in
a high impact or medium impact news, and
1620
01:46:19,205 --> 01:46:22,865
if that release comes out and yes, it's
at a number or data point that provides
1621
01:46:23,465 --> 01:46:24,695
what would be reasonably expected.
1622
01:46:24,695 --> 01:46:25,355
Bullishness.
1623
01:46:25,715 --> 01:46:29,885
If I see a rally up to a premium array,
I'm selling short in that situation many
1624
01:46:29,885 --> 01:46:32,225
times, that's the manipulation side of it.
1625
01:46:32,225 --> 01:46:37,715
So I know what you're asking
in regards to, um, does smart
1626
01:46:37,715 --> 01:46:38,975
money know what the news is?
1627
01:46:39,035 --> 01:46:40,745
Smart money doesn't care.
1628
01:46:40,985 --> 01:46:42,965
What the news is smart money.
1629
01:46:42,965 --> 01:46:47,885
When I refer to it is the bank that
pushes price around and resets price
1630
01:46:48,125 --> 01:46:52,535
because they're making money off
of unsetting I'm sorry, unsettling.
1631
01:46:52,895 --> 01:46:54,275
The large funds.
1632
01:46:54,365 --> 01:46:57,515
If they can make a run on that
liquidity pool, they absorb that.
1633
01:46:57,965 --> 01:47:00,335
And also they come in, they
can facilitate their own trade.
1634
01:47:00,785 --> 01:47:01,115
So.
1635
01:47:03,000 --> 01:47:06,720
Hopefully I answered your question, but
they don't need to know what the news is.
1636
01:47:07,860 --> 01:47:09,120
News doesn't move price.
1637
01:47:10,740 --> 01:47:11,730
Psychology does.
1638
01:47:13,890 --> 01:47:17,790
Uh, I have started to
become very good at trading.
1639
01:47:17,820 --> 01:47:21,450
Do you find it scary when you went,
when your win rate is really high?
1640
01:47:22,410 --> 01:47:25,260
Um, I think I've talked about this
in the mentorship and then another
1641
01:47:25,260 --> 01:47:27,570
time in our free YouTube videos.
1642
01:47:27,599 --> 01:47:33,960
But, uh, you do, you definitely want
to avoid that John Wayne, you know,
1643
01:47:33,960 --> 01:47:36,240
when you start strutting around
your house, thinking yourself,
1644
01:47:36,240 --> 01:47:37,320
I mean, I got this stuff linked.
1645
01:47:37,950 --> 01:47:43,170
That's usually when you're about to have
a losing streak and it's because you
1646
01:47:43,170 --> 01:47:47,580
feel confident, but then when you have
one loss that's reasonable and expected
1647
01:47:47,580 --> 01:47:53,010
and maybe a second loss, it's reasonable
and she'd expected you flip out and you
1648
01:47:53,070 --> 01:47:55,860
see if you identify yourself with I'm.
1649
01:47:55,860 --> 01:47:56,160
Mr.
1650
01:47:56,160 --> 01:47:56,640
Perfect.
1651
01:47:57,300 --> 01:48:00,330
You quickly want to try to get that back
because if you get it back, then, then you
1652
01:48:00,330 --> 01:48:01,769
can tell yourself verbally and out loud.
1653
01:48:02,010 --> 01:48:02,220
Yeah.
1654
01:48:02,220 --> 01:48:03,570
I think a lost, I got it
right back right away.
1655
01:48:03,570 --> 01:48:04,440
So I'm still awesome.
1656
01:48:05,250 --> 01:48:09,450
So yes, you, it, you need to be
aware of what you're feeling.
1657
01:48:09,480 --> 01:48:11,700
That's why, before you take a train,
you want to write down how you feel
1658
01:48:12,780 --> 01:48:15,660
because you're not writing it down
just to have it as a log to oh yeah.
1659
01:48:15,660 --> 01:48:17,610
That day I was happier
that day I was depressed.
1660
01:48:18,030 --> 01:48:22,080
What you're dealing is, is you're making
a mental mile marker for reflection.
1661
01:48:22,590 --> 01:48:26,040
Like I know I'm going
into this trade right now.
1662
01:48:26,070 --> 01:48:26,880
I'm pissed off.
1663
01:48:27,510 --> 01:48:29,910
I'm pissed off because
I got to drive 10 hours.
1664
01:48:30,960 --> 01:48:34,830
Okay tomorrow, because I don't
want to go on an airplane.
1665
01:48:36,330 --> 01:48:37,889
You know, I'm mad, I'm angry.
1666
01:48:37,920 --> 01:48:38,219
Okay.
1667
01:48:38,219 --> 01:48:40,049
So I'm going to make that
an entry in my journal.
1668
01:48:40,049 --> 01:48:42,360
So right away, that should be a reminder.
1669
01:48:42,360 --> 01:48:45,929
Hey, look, I'm going to probably be doing
things emotionally in the marketplace.
1670
01:48:46,290 --> 01:48:51,900
So if I take a loss, be done with the
market, then don't take another trade.
1671
01:48:51,929 --> 01:48:56,339
So that's why the benefit of having
that in your journal is there now
1672
01:48:56,370 --> 01:49:02,670
in relationship to how, if you
were feeling, I feel good today.
1673
01:49:02,820 --> 01:49:08,370
I feel, I feel confident today,
or I feel like I'm winning, you
1674
01:49:08,370 --> 01:49:09,809
know, then you're really elated.
1675
01:49:10,349 --> 01:49:15,650
So when you are in a winning trade and
you feel the impulse to say, like, I
1676
01:49:15,660 --> 01:49:16,769
want to hold for a little bit more.
1677
01:49:16,799 --> 01:49:19,110
It's it's going to turn into
a bigger trade reflect back
1678
01:49:19,110 --> 01:49:20,130
on how you started the day.
1679
01:49:20,670 --> 01:49:21,960
If you feel like you're Mr.
1680
01:49:21,960 --> 01:49:22,380
Perfect.
1681
01:49:22,380 --> 01:49:23,610
And everything's awesome.
1682
01:49:23,969 --> 01:49:24,360
Okay.
1683
01:49:25,259 --> 01:49:29,549
You want to close the trade because you're
already getting that king Kong feeling and
1684
01:49:30,179 --> 01:49:31,980
believe me, that is such a true statement.
1685
01:49:31,980 --> 01:49:34,230
When Larry Williams said it, as soon as
you pull out the calculator and start
1686
01:49:34,230 --> 01:49:36,870
thinking about how much more you're
going to make on the trade, get out.
1687
01:49:37,589 --> 01:49:39,059
And it's that served me well.
1688
01:49:39,059 --> 01:49:41,040
It's, it's like a gospel now for me.
1689
01:49:41,040 --> 01:49:44,009
I listened to it in my
internal dialogue all the time.
1690
01:49:44,759 --> 01:49:49,259
So yes, to answer your question, Dan,
it is, it should be scary for you when
1691
01:49:49,259 --> 01:49:51,839
your win rate goes really, really high,
because you know, what's going to happen.
1692
01:49:51,839 --> 01:49:54,120
Eventually you're going to have
a loss and how you deal with
1693
01:49:54,120 --> 01:49:56,429
that loss is going to be really.
1694
01:49:57,225 --> 01:50:01,095
A direct correlation to how you're
going to be a trader for the next
1695
01:50:01,095 --> 01:50:03,225
month or, and a half, because you're
probably gonna lose your account.
1696
01:50:03,945 --> 01:50:08,145
You're gonna think you're too high and
mighty as a trader and you won't accept
1697
01:50:08,175 --> 01:50:10,875
one loss cause you're gonna try to hurt
and get it back to prove that you are
1698
01:50:10,875 --> 01:50:15,315
that's the rockstar and it messes you
up and you, and you parlay that one
1699
01:50:15,315 --> 01:50:17,235
or two losses into a series of them.
1700
01:50:17,625 --> 01:50:18,855
And you know what the outcome is.
1701
01:50:18,915 --> 01:50:20,475
You're not gonna have to
keep the same risk model.
1702
01:50:20,775 --> 01:50:21,855
You're not going to double down.
1703
01:50:22,275 --> 01:50:24,975
You don't have to reduce, okay,
you're going to double up.
1704
01:50:25,905 --> 01:50:28,065
You're going to increase the leverage
because you want to get it back.
1705
01:50:30,795 --> 01:50:31,275
Bruised.
1706
01:50:31,305 --> 01:50:34,725
Ego syndrome is the worst
scenario for men in trading.
1707
01:50:37,395 --> 01:50:39,615
We don't care if we take a loss, as
long as we get it back the same day
1708
01:50:42,465 --> 01:50:45,075
after the mentorship, did we still
have a chance to learn from you?
1709
01:50:45,255 --> 01:50:50,955
Uh, you were saying that you will have
a signal service or something like that.
1710
01:50:51,495 --> 01:50:52,275
Is this the case?
1711
01:50:52,845 --> 01:50:55,485
Um, I don't believe I'm going
to be doing a single service.
1712
01:50:55,485 --> 01:51:00,105
Now I do that, the domestic
patrols, but I have committed,
1713
01:51:01,035 --> 01:51:02,385
uh, once a week to you guys.
1714
01:51:02,385 --> 01:51:03,105
I think that's fair.
1715
01:51:03,105 --> 01:51:06,585
My wife and my family would have
no problem allowing me to put
1716
01:51:06,585 --> 01:51:08,355
15 or 20 minutes into a weekly.
1717
01:51:09,075 --> 01:51:10,785
Um, you know, just to touch base.
1718
01:51:10,825 --> 01:51:13,535
Everybody give up, give my opinion about
what the markets are doing that would do
1719
01:51:13,545 --> 01:51:17,445
that in a real quick, short 15 minute,
20 minute video on a weekend, like on
1720
01:51:17,445 --> 01:51:20,895
a Saturday and say, Hey look, you know,
I'm really watching this this week.
1721
01:51:21,165 --> 01:51:22,455
That way you can use the
information you learned.
1722
01:51:23,460 --> 01:51:26,490
But I don't want to make a promise
to you anything more than that, but
1723
01:51:26,490 --> 01:51:28,800
I think once a week is fair and you
guys will have a lot of information.
1724
01:51:28,800 --> 01:51:31,530
We'll be doing your own thing, but
I'll still operate through the forum.
1725
01:51:34,740 --> 01:51:35,640
Uh,
1726
01:51:40,710 --> 01:51:41,940
I'm confused on ADR.
1727
01:51:41,940 --> 01:51:47,430
Do we use the whole range for stop-loss
or 50% if you're doing a swing trade or
1728
01:51:47,430 --> 01:51:52,920
a position trade, and you think that the
position is more likely to move off of
1729
01:51:52,920 --> 01:51:59,850
a hard timeframe, longer term, you enter
this time of day with the full five day
1730
01:51:59,880 --> 01:52:01,230
average daily range as your stop loss.
1731
01:52:01,710 --> 01:52:02,519
And it makes it real easy.
1732
01:52:02,519 --> 01:52:05,310
You don't have to be doing
anything scientific measurements
1733
01:52:05,310 --> 01:52:05,910
or anything like that.
1734
01:52:05,910 --> 01:52:10,200
It is simply get a value range for
buying and you subtract that from the
1735
01:52:10,200 --> 01:52:13,380
opening price or 10 or 20 cars below.
1736
01:52:13,390 --> 01:52:16,110
If you want to be buying
all limit in place your, uh,
1737
01:52:16,140 --> 01:52:17,100
find the average value range.
1738
01:52:17,490 --> 01:52:19,560
Stop-loss below that and years let it go.
1739
01:52:20,820 --> 01:52:24,090
If you're not going to be using higher
timeframe, swing or position trading
1740
01:52:24,090 --> 01:52:28,560
entry, you just take a 50% of that
last five days, average daily range.
1741
01:52:28,560 --> 01:52:30,030
And that's a really good general thump.
1742
01:52:30,660 --> 01:52:33,480
And if you can provide support with
all the things you learned from
1743
01:52:33,480 --> 01:52:36,360
last month and this month content,
you're going to find it yourself.
1744
01:52:36,360 --> 01:52:37,140
I'm going to be a little small.
1745
01:52:40,815 --> 01:52:41,715
Uh,
1746
01:52:45,255 --> 01:52:49,184
some of these questions are really,
really, really old and you were
1747
01:52:49,184 --> 01:52:52,215
probably responding to something I
said, and I can't pull that up to
1748
01:52:52,215 --> 01:52:53,325
figure out what you were saying.
1749
01:52:55,845 --> 01:52:57,554
I don't ever use the Euro index now.
1750
01:52:58,934 --> 01:53:01,724
Um, yes.
1751
01:53:01,724 --> 01:53:02,955
I want the liquidity to come back to,
1752
01:53:07,065 --> 01:53:08,655
am I staying the whole New York session?
1753
01:53:08,655 --> 01:53:12,675
No, I'm going to be closing here
in two minutes because the video
1754
01:53:12,675 --> 01:53:14,894
is now approaching two hours.
1755
01:53:25,355 --> 01:53:30,644
A lot of repeats questions.
1756
01:53:35,625 --> 01:53:36,135
Yes.
1757
01:53:37,514 --> 01:53:42,135
This is what we're doing when we
complete this month, apart from any
1758
01:53:42,135 --> 01:53:49,365
little subtle things that I teach you in
August, there will only be applications
1759
01:53:49,394 --> 01:53:50,775
of everything that I've taught.
1760
01:53:51,255 --> 01:53:53,865
So anytime we go about
discussing the marketplace,
1761
01:53:54,915 --> 01:53:56,655
we'll be framing on our daily.
1762
01:53:58,110 --> 01:54:01,290
So you'll have a daily chart
and a lower timeframe chart.
1763
01:54:01,320 --> 01:54:03,719
It may be a four hour, maybe I
want, or maybe a 15, a typing
1764
01:54:03,990 --> 01:54:06,570
depending upon what the conditions
is on marketplace at that time.
1765
01:54:07,170 --> 01:54:09,330
And I'll tell you what side of
the marketplace I'm focusing on.
1766
01:54:09,330 --> 01:54:13,469
If it's going to be a short term swing
or position, if there's conditions
1767
01:54:13,469 --> 01:54:17,759
are there, you'll always see that in
my chart and you'll have the levels
1768
01:54:17,759 --> 01:54:19,080
that I'm watching in a PD, right?
1769
01:54:19,889 --> 01:54:26,309
So while there are other PDA rays to work
off of, when I do my chart index charts
1770
01:54:26,309 --> 01:54:29,969
with you, the ones I'm focusing on that
I think is the largest draw on price.
1771
01:54:29,969 --> 01:54:30,389
Like I do.
1772
01:54:30,389 --> 01:54:32,070
Now that will still be there.
1773
01:54:32,219 --> 01:54:34,769
I'm not going to address the chart
over every single PD array, because
1774
01:54:34,769 --> 01:54:39,150
then it comes two months, but I'm
telling you why I believe price
1775
01:54:39,150 --> 01:54:40,349
is going to go to that PD array.
1776
01:54:40,769 --> 01:54:42,870
And that Y that that's the basis.
1777
01:54:42,900 --> 01:54:45,179
Why you'll know why I think
that market's going to go either
1778
01:54:45,570 --> 01:54:46,860
one, one shot, one kill basis.
1779
01:54:47,250 --> 01:54:49,950
If this is a day trade, if it's
going to be a swing trade, or if
1780
01:54:49,950 --> 01:54:51,269
it's setting up for a position trade.
1781
01:54:51,660 --> 01:54:55,259
So once we get through this content of
this month, everything we frame we'll have
1782
01:54:55,259 --> 01:54:59,519
to have a classification because there's
nothing new in terms of the teachings
1783
01:54:59,519 --> 01:55:02,790
that you'll have in the mentorship after
this month, just the application thereof.
1784
01:55:07,710 --> 01:55:09,269
Uh,
1785
01:55:14,370 --> 01:55:18,480
is there a financial news outcome
known in advanced by smart money?
1786
01:55:19,620 --> 01:55:20,460
I think I already answered that.
1787
01:55:43,785 --> 01:55:47,655
Yes, I'll show you my, uh, my trading
desk and all the modelers, all that stuff.
1788
01:55:47,655 --> 01:55:48,315
And now I do it,
1789
01:55:55,275 --> 01:55:56,085
the bat cave.
1790
01:56:00,315 --> 01:56:01,394
Uh,
1791
01:56:09,885 --> 01:56:13,335
I'm not sure if he asked the question
Darrell, but see your comment
1792
01:56:13,335 --> 01:56:17,565
about wanting to leave Bitcoin.
1793
01:56:17,865 --> 01:56:19,335
I do not want to touch it.
1794
01:56:19,375 --> 01:56:20,175
Don't care about it.
1795
01:56:21,855 --> 01:56:22,545
Wouldn't trust it.
1796
01:56:22,815 --> 01:56:25,065
And you can fly all the way to
the moon and I could care less.
1797
01:56:25,365 --> 01:56:26,415
Penny stocks do that too.
1798
01:56:26,415 --> 01:56:27,075
And they crash.
1799
01:56:32,055 --> 01:56:34,575
Will you be rich with these concepts?
1800
01:56:35,205 --> 01:56:37,425
Well, I don't know.
1801
01:56:37,695 --> 01:56:43,665
Rich is basically a term that everyone
else will have a different definition for,
1802
01:56:44,385 --> 01:56:50,205
but I can tell you you'll be richly in,
in, um, blessed because of the insights
1803
01:56:50,205 --> 01:56:51,875
that it gives you and how you use.
1804
01:56:52,815 --> 01:56:57,165
Obviously, you know, if you use wisdom
in the right context, you know, it's
1805
01:56:57,165 --> 01:56:58,245
going to have a positive outcome.
1806
01:56:58,285 --> 01:57:02,505
If you put money to that as
an investment, I don't know.
1807
01:57:03,045 --> 01:57:05,115
I don't know how much you can
make, but if you don't do the
1808
01:57:05,115 --> 01:57:06,285
right things, you can lose a lot.
1809
01:57:11,505 --> 01:57:11,865
Yes.
1810
01:57:11,865 --> 01:57:13,125
I'm teaching flout this month.
1811
01:57:14,955 --> 01:57:15,675
Um,
1812
01:57:24,585 --> 01:57:27,345
active trace has dollar
index and tight spreads.
1813
01:57:28,725 --> 01:57:29,505
Thank you about Yacko.
1814
01:57:29,865 --> 01:57:30,585
Um,
1815
01:57:37,915 --> 01:57:41,665
should we use four X LTD for
analysis and transfer the ideas to
1816
01:57:41,665 --> 01:57:43,135
our live accounts for execution?
1817
01:57:44,215 --> 01:57:47,275
Well, I don't tell you
to do live executions.
1818
01:57:47,305 --> 01:57:48,775
I tell you to work in four XLT D.
1819
01:57:49,255 --> 01:57:52,795
That's how I have to operate in
the states to stay within the
1820
01:57:52,795 --> 01:57:55,105
regulations set forth by CFTC.
1821
01:57:55,825 --> 01:58:00,805
So you'll only hear me ever
refer to demonstrate I'm not
1822
01:58:00,805 --> 01:58:02,455
licensed to give trade advice.
1823
01:58:02,485 --> 01:58:05,875
I'm only talking about things in a demo
account where you can't make money and
1824
01:58:05,875 --> 01:58:11,695
you can't lose money, but I'm certain,
some of you will see repeating phenomenon
1825
01:58:12,085 --> 01:58:16,165
that will bolster your confidence
to make a segue into live accounts.
1826
01:58:16,585 --> 01:58:18,505
You decide when you're going
to do that on your own.
1827
01:58:18,505 --> 01:58:19,315
I never tell you that.
1828
01:58:20,490 --> 01:58:23,250
Because the risks are all of
these, they all yours just as
1829
01:58:23,250 --> 01:58:24,630
well as the, the winds are.
1830
01:58:25,530 --> 01:58:26,820
And I don't take credit
for either one of them.
1831
01:58:29,460 --> 01:58:30,929
I can see you Andreas.
1832
01:58:31,139 --> 01:58:32,969
So I'm not sure if he said
something other than that one.
1833
01:58:35,010 --> 01:58:35,219
Yeah.
1834
01:58:35,250 --> 01:58:35,910
No signal service.
1835
01:58:35,910 --> 01:58:36,510
I'm not doing that.
1836
01:58:36,540 --> 01:58:38,550
You guys don't, you, ain't
going to need a signal service.
1837
01:58:40,080 --> 01:58:41,969
You're all going to be starting
your own signal services.
1838
01:58:51,000 --> 01:58:51,450
Yes.
1839
01:58:51,450 --> 01:58:55,980
I'm going to teach how I do all my
compounding when I'm working with an
1840
01:58:55,980 --> 01:58:57,900
account for real, real aggressive growth.
1841
01:59:00,750 --> 01:59:03,990
Uh, it works nice with tree software.
1842
01:59:07,139 --> 01:59:10,050
When transitioning into a live
account in the future, what do
1843
01:59:10,050 --> 01:59:13,980
you advise as a reasonable amount
to start with the lowest amount?
1844
01:59:13,980 --> 01:59:14,639
You can start with
1845
01:59:17,880 --> 01:59:21,000
whatever the minimum is that you
can start with for life funds.
1846
01:59:21,120 --> 01:59:21,660
Use that.
1847
01:59:23,370 --> 01:59:28,860
And I mean this, okay, because
if you can't grow a $1,000 live
1848
01:59:28,860 --> 01:59:32,460
account, you sure as hell are not
going to grow a $50,000 live account.
1849
01:59:36,719 --> 01:59:41,580
You'll see when you trade with
live money, even if it's a small
1850
01:59:41,580 --> 01:59:46,410
account, It's going to many times
calls a great deal of a nerve.
1851
01:59:46,889 --> 01:59:47,759
It's going to unnerve you.
1852
01:59:48,240 --> 01:59:49,110
It's going to stretch out.
1853
01:59:49,589 --> 01:59:53,759
Cause you're going to, you won't have that
feeling of I'm protected because it's a,
1854
01:59:53,820 --> 01:59:55,980
it's a demo on this study and the outcome.
1855
01:59:56,160 --> 01:59:59,429
So it's not, you're not done with
this mentorship when you complete it,
1856
01:59:59,519 --> 02:00:01,230
you still have to make that segue.
1857
02:00:01,549 --> 02:00:05,099
Eventually, if you're going to invest
in what life funds, you have an
1858
02:00:05,099 --> 02:00:08,610
experience of trading with live money
that you have to go through too.
1859
02:00:08,670 --> 02:00:10,410
And that's all so little, it's all on you.
1860
02:00:10,980 --> 02:00:14,280
But if you stick to the things
that's being taught to you, at least
1861
02:00:14,280 --> 02:00:16,320
you'll have a framework to work with.
1862
02:00:16,740 --> 02:00:18,780
And not just simply just
go crazy with yourself.
1863
02:00:35,349 --> 02:00:37,660
And the think that you're a
wants to reach down in here.
1864
02:00:39,880 --> 02:00:41,920
I guess they got tired of waiting and
seeing if I was going to close this
1865
02:00:41,920 --> 02:00:45,730
session, man, ICT stopped talking.
1866
02:00:45,790 --> 02:00:46,480
We got to get this year.
1867
02:00:46,480 --> 02:00:47,080
We go lower.
1868
02:00:51,820 --> 02:00:52,750
I'm going to outwait them.
1869
02:00:54,639 --> 02:00:56,110
You got time of day to work with anybody.
1870
02:00:56,110 --> 02:00:56,530
I don't.
1871
02:00:58,509 --> 02:00:59,860
I can leave this recording all day.
1872
02:01:05,290 --> 02:01:08,740
What size of an account do
you need to make $300 a week?
1873
02:01:09,660 --> 02:01:13,620
Um, you could probably do really good
with a hundred thousand dollar account.
1874
02:01:14,550 --> 02:01:16,500
You probably wouldn't take
much effort at all to make that
1875
02:01:21,480 --> 02:01:25,140
a a hundred, a hundred thousand dollars.
1876
02:01:25,140 --> 02:01:27,120
You can, uh, you can do
really well with that.
1877
02:01:27,120 --> 02:01:28,950
You could probably get three 50 easy,
1878
02:01:32,400 --> 02:01:33,570
but you probably had to stay up all one.
1879
02:01:33,570 --> 02:01:34,110
And to get that
1880
02:01:38,550 --> 02:01:42,330
in seriousness, uh, to make $300 a week.
1881
02:01:42,720 --> 02:01:47,490
Um, let me see here if I was going,
if I went back in time and I said to
1882
02:01:47,490 --> 02:01:51,870
make 300 hours a week, let's see, uh,
1883
02:02:10,850 --> 02:02:11,780
$5,000,
1884
02:02:14,870 --> 02:02:15,770
$5,000.
1885
02:02:15,800 --> 02:02:22,310
And if you do a three to one vision,
a 2% risk, you can get a $300 on that.
1886
02:02:30,650 --> 02:02:31,760
So here's the Euro.
1887
02:02:35,025 --> 02:02:37,634
Reaching for the 10, I'm sorry.
1888
02:02:37,634 --> 02:02:40,365
The 1 0 8 90 cell stops
1889
02:02:45,134 --> 02:02:46,575
is $10,000 per week.
1890
02:02:46,575 --> 02:02:47,655
A realistic target.
1891
02:02:47,835 --> 02:02:50,535
Well, for demo, it's realistic.
1892
02:02:52,405 --> 02:02:56,384
Overleveraging and you're putting
as much as you possibly can and not
1893
02:02:56,384 --> 02:03:02,594
worry about margin calls, but to make
$10,000 a realistic weekly objective.
1894
02:03:03,735 --> 02:03:07,575
If you have a larger account, obviously
it's all relative and how much you're
1895
02:03:07,755 --> 02:03:09,105
earning and how much you're losing.
1896
02:03:10,094 --> 02:03:12,165
But I think the question
that's why I answered it.
1897
02:03:12,224 --> 02:03:13,995
The question was it was realistic.
1898
02:03:14,144 --> 02:03:16,755
You know, what, what do you need to
have to make about 300 hours a week?
1899
02:03:21,554 --> 02:03:24,495
Yeah, I'm trying to outlast
them today with the Euro.
1900
02:03:27,605 --> 02:03:28,705
Let's see what the dollar is doing.
1901
02:03:28,724 --> 02:03:30,094
See if it's running for these buys stuff.
1902
02:03:30,125 --> 02:03:30,844
Ooh, look at that.
1903
02:03:31,745 --> 02:03:34,655
They took out their equal
highs, but it doesn't mean it.
1904
02:03:34,655 --> 02:03:35,945
Can't this call right back in the middle.
1905
02:03:38,945 --> 02:03:40,025
We had to expand up.
1906
02:03:41,585 --> 02:03:43,804
We already identified
these equal highs here.
1907
02:03:43,804 --> 02:03:47,764
So we want to see a price run through next
level here to watch this yesterday's high.
1908
02:03:47,974 --> 02:03:50,375
So if it gets through that, we'll
probably want to see a signal expansion.
1909
02:03:54,304 --> 02:03:55,134
What sound that I'm making?
1910
02:03:55,134 --> 02:03:55,804
I don't know what I said.
1911
02:04:15,450 --> 02:04:18,509
Let's look on a five minute
gives more volatility.
1912
02:04:19,679 --> 02:04:22,980
Well, I think if we put it on a
one minute, at least it'll feel
1913
02:04:22,980 --> 02:04:24,299
like we were a trade in London.
1914
02:04:30,480 --> 02:04:30,660
Yeah.
1915
02:04:30,660 --> 02:04:31,349
I'm just going to say it.
1916
02:04:31,349 --> 02:04:35,849
I think they're out here watching
what I'm doing and they're basically
1917
02:04:36,570 --> 02:04:37,679
trying to screw up wherever they can.
1918
02:04:37,679 --> 02:04:41,849
Cause if they can unseat me, then there's
going to be no faith in what I'm teaching.
1919
02:04:41,860 --> 02:04:43,080
And everybody's just forget about
1920
02:04:47,639 --> 02:04:51,000
Merkel's sitting at her terminal
right now saying, look, we got
1921
02:04:51,000 --> 02:04:52,200
to get this guy off the internet.
1922
02:04:52,469 --> 02:04:53,190
What are we gonna do?
1923
02:04:53,429 --> 02:04:54,120
We had Robbie man.
1924
02:04:58,349 --> 02:04:58,679
Little.
1925
02:04:58,679 --> 02:04:59,190
Did he know?
1926
02:04:59,190 --> 02:04:59,969
I'm still short?
1927
02:05:13,769 --> 02:05:16,769
Alright, so we're looking for
the cell stops below these equal
1928
02:05:16,980 --> 02:05:20,789
over here, 28th and May 1st.
1929
02:05:21,990 --> 02:05:23,429
So that's where our liquidity is.
1930
02:05:23,469 --> 02:05:25,290
We've already ran out to
sell stocks below here.
1931
02:05:56,115 --> 02:05:56,925
No, I'm not short.
1932
02:05:56,955 --> 02:05:57,615
I'm just kidding.
1933
02:05:57,764 --> 02:05:59,715
I'm saying that to see if
they could get to work yet.
1934
02:06:00,554 --> 02:06:01,325
And I'm still short.
1935
02:06:01,345 --> 02:06:02,445
Lots of go up 90 pips.
1936
02:06:13,215 --> 02:06:16,184
Norman says never trade the ruble
or butanol send the desk squad.
1937
02:06:18,735 --> 02:06:19,365
Oh man.
1938
02:06:23,445 --> 02:06:29,595
I honestly, I hope I hope for not only
for your sake, but for my sake, because
1939
02:06:30,885 --> 02:06:34,455
when the markets are really running and
they're moving around, I promise you I
1940
02:06:34,455 --> 02:06:36,885
will be very entertaining in the markets.
1941
02:06:36,885 --> 02:06:41,025
We'll be able to be responsive to
the levels I'm looking for that.
1942
02:06:41,054 --> 02:06:42,405
That's very fun.
1943
02:06:42,615 --> 02:06:46,304
It is so much fun to be in that
environment where the markets have
1944
02:06:46,335 --> 02:06:49,425
volatility and we see where they're
going, what they're keying off of.
1945
02:06:50,474 --> 02:06:52,785
But I can't stress that enough.
1946
02:06:52,815 --> 02:06:55,724
I'm I'm so disgusted with the way
the market's trading right now.
1947
02:06:58,305 --> 02:07:04,815
I went to see something happen big
and it may have to be something bad.
1948
02:07:04,845 --> 02:07:08,055
I don't want to wish anything bad on
anybody, but we need to see something
1949
02:07:08,055 --> 02:07:12,735
happen to get these markets moving around,
because they're right now to this sitting
1950
02:07:12,795 --> 02:07:14,144
and waiting for the next shoe to drop.
1951
02:07:15,285 --> 02:07:15,705
And it's real.
1952
02:07:15,764 --> 02:07:16,815
It's, it's difficult.
1953
02:07:16,845 --> 02:07:17,985
It's very difficult to get movement.
1954
02:07:25,295 --> 02:07:26,585
When was the last period?
1955
02:07:26,585 --> 02:07:28,474
When the markets was really good?
1956
02:07:28,474 --> 02:07:30,934
Well, the market was
decent for us last fall.
1957
02:07:41,465 --> 02:07:45,155
Uh it's is it realistic to only
trade in London, live in Europe?
1958
02:07:46,325 --> 02:07:48,635
You're finding that your most
profitable and you're not tired.
1959
02:07:50,075 --> 02:07:53,705
That's well, as the benefit of having all
the information, because you can select
1960
02:07:53,705 --> 02:07:55,985
the lead pick, whether you're going to
be at London trader or New York trader,
1961
02:07:55,985 --> 02:08:00,394
or if you're forced to work in the time
of day where you can't be up for London,
1962
02:08:00,394 --> 02:08:02,764
because you got to go to work or start
your business, and you're doing your
1963
02:08:02,764 --> 02:08:06,545
business or you're working during the
New York session, it kind of leads you to
1964
02:08:06,995 --> 02:08:12,245
doing what we taught you in April using
the agent session to get your entries in.
1965
02:08:15,035 --> 02:08:19,355
Trust me, there's no reason for
you to feel like your circumstances
1966
02:08:19,355 --> 02:08:20,075
are going to limit you.
1967
02:08:20,795 --> 02:08:24,065
There's something you can do that
will provide you a means of trading.
1968
02:08:24,900 --> 02:08:28,050
And you can still participate in
whatever moves that take place on Monday.
1969
02:08:28,380 --> 02:08:29,700
You don't have to be awake.
1970
02:08:30,420 --> 02:08:32,520
Don't don't think you
have to be up doing that.
1971
02:08:32,760 --> 02:08:33,270
You don't.
1972
02:08:47,120 --> 02:08:53,150
Do you have any more insight to teach
on price action formations that is
1973
02:08:53,150 --> 02:08:54,650
applicable to all asset classes?
1974
02:08:55,220 --> 02:08:55,700
Yes.
1975
02:09:01,400 --> 02:09:04,730
So every time price makes a high or
low, there is a reason behind it.
1976
02:09:04,790 --> 02:09:06,200
Yes, absolutely.
1977
02:09:08,690 --> 02:09:13,100
Anytime price takes out an old high or
an old low, you gotta be asking yourself
1978
02:09:13,130 --> 02:09:14,750
what would be the reason for that.
1979
02:09:15,620 --> 02:09:16,730
That's why I like turtle soup.
1980
02:09:17,570 --> 02:09:19,130
Turtle soup gives me context.
1981
02:09:19,400 --> 02:09:25,430
So I'm looking for a move above an old
high to either justify continuation on a
1982
02:09:25,430 --> 02:09:31,160
larger move or higher timeframe premise,
or to see them take the stops on a
1983
02:09:31,160 --> 02:09:35,030
short term manipulation to get short on.
1984
02:09:35,720 --> 02:09:38,420
And by having that storyline
premise behind why you're looking
1985
02:09:38,420 --> 02:09:40,790
at price, it helps you with bias.
1986
02:09:40,820 --> 02:09:43,370
It helps you with overcoming fear.
1987
02:09:43,820 --> 02:09:45,440
Like I know this isn't
that much of a move.
1988
02:09:45,450 --> 02:09:45,650
Okay.
1989
02:09:45,650 --> 02:09:48,200
But a lot of you're still
scared to sell above that.
1990
02:09:49,080 --> 02:09:52,860
Like you would never think that to a
comfortable position to be going up here
1991
02:09:52,860 --> 02:09:53,790
right above here, I'm going to sell it.
1992
02:09:53,820 --> 02:09:54,510
It doesn't make sense.
1993
02:09:54,540 --> 02:09:56,280
It feels like you're breaking
out was really strong.
1994
02:09:56,970 --> 02:09:59,940
And that's why you have to
do these exercises to this
1995
02:09:59,950 --> 02:10:01,230
basically desensitize you to it.
1996
02:10:02,340 --> 02:10:05,160
And once you understand the conditions
and the rules that we look for, it's
1997
02:10:05,160 --> 02:10:08,880
no problem to do over and over and over
again, you won't fear taking losses
1998
02:10:12,090 --> 02:10:14,220
and a lot of you, that's what
you only have to do right now.
1999
02:10:14,250 --> 02:10:18,210
I mean, you know enough that if you
just simply would just practice and
2000
02:10:18,210 --> 02:10:21,810
execute on it, most of your problems
right now are all in your head.
2001
02:10:22,170 --> 02:10:22,830
You're afraid.
2002
02:10:23,310 --> 02:10:23,730
You're afraid.
2003
02:10:23,730 --> 02:10:27,180
If you have a string of losses, you're
afraid if you, if it doesn't continue
2004
02:10:27,720 --> 02:10:29,250
in your favor, who would have happened.
2005
02:10:29,250 --> 02:10:33,300
If you go into a tailspin, you know,
are you going to nuclear account?
2006
02:10:36,840 --> 02:10:42,390
See what cables doing, uh, their
whole Caitlin consolidation today.
2007
02:10:46,140 --> 02:10:46,710
And here we are.
2008
02:10:48,960 --> 02:10:50,880
So they're holding K one consolidation.
2009
02:10:50,910 --> 02:10:52,320
They're dropping Euro pound.
2010
02:10:54,210 --> 02:10:56,160
So your pound needs to
go below these lows here.
2011
02:10:56,610 --> 02:10:58,110
We have a gap right in here.
2012
02:11:02,940 --> 02:11:06,540
So this might be a really
short lived decline on fiber.
2013
02:11:07,800 --> 02:11:08,610
So we're looking for that.
2014
02:11:08,640 --> 02:11:10,380
That'll take the cell
stops, closing that gap.
2015
02:11:12,330 --> 02:11:15,270
So if it goes down anymore, it
probably is only going to go to
2016
02:11:15,270 --> 02:11:16,830
reaching for these, if at all.
2017
02:11:17,670 --> 02:11:17,820
So.
2018
02:11:18,585 --> 02:11:23,265
Just be mindful that, all right,
I'm going to close this one.
2019
02:11:23,265 --> 02:11:27,735
Cause it is a very, very,
very long, very long video.
2020
02:11:27,945 --> 02:11:31,305
And the folks that sit in indoor, this
are gonna be like really SFU, all that.
2021
02:11:31,335 --> 02:11:32,055
What did I get from it?
2022
02:11:33,345 --> 02:11:37,215
But yeah, I, I promise you my, my time.
2023
02:11:37,365 --> 02:11:38,895
So it is what it is.
2024
02:11:39,465 --> 02:11:45,645
The, uh, the Euro finally moved a
little bit that moved much, but right
2025
02:11:45,645 --> 02:11:49,095
side of the market, again, like I
said, once they, once they relax
2026
02:11:49,125 --> 02:11:56,685
the market and they can see movement
and trust me, you will be elated.
2027
02:11:56,895 --> 02:11:57,915
It's going to be crazy.
2028
02:11:57,975 --> 02:12:01,515
It's so much fun to see how that moves
and accelerates away from the levels we're
2029
02:12:01,515 --> 02:12:03,165
looking for and go right into the profit.
2030
02:12:03,675 --> 02:12:06,765
We're going to have the window
of profitability down into like a
2031
02:12:06,765 --> 02:12:10,065
30 minute time window, and you'll
see, they'll go right into them.
2032
02:12:11,535 --> 02:12:12,015
You'll love it.
2033
02:12:12,015 --> 02:12:12,435
Trust me.
2034
02:12:12,975 --> 02:12:14,895
But he's got to get a guy into it.
2035
02:12:15,225 --> 02:12:18,565
They're not going to hold it like
this entirely until September.
2036
02:12:18,615 --> 02:12:19,785
And you'll see it.
2037
02:12:21,015 --> 02:12:23,625
September is months is going
to be question and answer.
2038
02:12:24,585 --> 02:12:32,025
But if we maintain this sloppiness and
type ranges in, uh, in may, I'll do
2039
02:12:32,685 --> 02:12:37,365
the question and answer stuff, but I'll
also do, uh, I don't intend to do live
2040
02:12:37,365 --> 02:12:38,625
sessions that were charts in September.
2041
02:12:38,625 --> 02:12:42,195
So that way, you know what I'm
doing, I'm only answering questions.
2042
02:12:42,405 --> 02:12:46,425
That's been posed to me in the
form that has been remaining after
2043
02:12:46,425 --> 02:12:47,775
all the contents are released to.
2044
02:12:48,674 --> 02:12:51,554
And I create a thread that way you guys
ask whatever it is that you're having
2045
02:12:51,554 --> 02:12:53,235
struggles with, that you need closure on.
2046
02:12:53,594 --> 02:12:56,894
I'll spend that time answering those
questions and get your format that
2047
02:12:56,894 --> 02:13:01,424
we need the examples and show you
why it is what I'm saying, but I'll
2048
02:13:01,455 --> 02:13:03,825
overlap that with, uh, with traits
2049
02:13:07,005 --> 02:13:09,105
because September is a really nice month.
2050
02:13:09,134 --> 02:13:11,625
I mean that month is
usually a very liquid month
2051
02:13:15,075 --> 02:13:15,705
and that's it.
2052
02:13:15,795 --> 02:13:21,315
So for those that hung in the entire
time, awesome, you got the Ironman award.
2053
02:13:22,485 --> 02:13:28,215
If you didn't lose consciousness
and didn't fall asleep, you
2054
02:13:28,215 --> 02:13:29,264
get a bonus for that too.
2055
02:13:33,255 --> 02:13:36,315
But at least you can see, even
though they kept pricing, I'll take
2056
02:13:36,325 --> 02:13:39,134
range for a moral victory alone.
2057
02:13:39,585 --> 02:13:41,144
Um, we had the direction, right?
2058
02:13:41,474 --> 02:13:46,695
We booked for the market to go off,
create a sale scenario and then sell off.
2059
02:13:47,505 --> 02:13:50,445
We looked for the dollar to
create a low, which we basically
2060
02:13:50,474 --> 02:13:51,974
almost nailed almost right to it.
2061
02:13:52,665 --> 02:13:55,455
Uh, we went up just a little bit below
it and we see the responsiveness.
2062
02:13:55,514 --> 02:14:02,054
So you can forecast, you can see,
um, how you can frame this set off.
2063
02:14:02,085 --> 02:14:03,434
Well before London.
2064
02:14:04,455 --> 02:14:06,915
I mean, I gave you this
last night before what?
2065
02:14:07,094 --> 02:14:07,724
Eight 40.
2066
02:14:08,924 --> 02:14:10,755
I think it's one of those
posted to the forum.
2067
02:14:12,134 --> 02:14:16,934
So anyway, it'll get more.
2068
02:14:17,760 --> 02:14:21,480
It'll get more exciting than this,
and that's just going to leave it at
2069
02:14:21,480 --> 02:14:25,080
that, just watch and see if we get
through this high, if we gain momentum,
2070
02:14:27,420 --> 02:14:30,660
we're looking for these bike stops
over here with the exes and that'll
2071
02:14:30,660 --> 02:14:34,470
drive your down into these cell stops.
2072
02:14:36,150 --> 02:14:40,680
And I would like for it to stay
just below, here, maybe go down
2073
02:14:40,680 --> 02:14:44,730
maybe two or three pips below that,
and then consolidate because if we
2074
02:14:44,730 --> 02:14:50,040
get that, what we'll look for is
a range expansion on the upside.
2075
02:14:50,430 --> 02:14:53,849
Like if we don't like, we don't go much
below here, this is a better scenario.
2076
02:14:53,849 --> 02:14:55,470
Say, we don't go much below this low here.
2077
02:14:55,740 --> 02:14:56,790
And this is the low of the day.
2078
02:14:57,150 --> 02:15:01,830
I would like that if we consolidate
here, left this void, because Dan, what
2079
02:15:01,830 --> 02:15:07,559
we will be looking for is eight o'clock
tonight in New York time priced to
2080
02:15:07,559 --> 02:15:09,780
want to rally up and close that void.
2081
02:15:10,260 --> 02:15:11,130
That's our cell.
2082
02:15:11,550 --> 02:15:12,720
And we reckon and run for the gaps.
2083
02:15:13,260 --> 02:15:15,000
That's the outline I'm
calling for right now.
2084
02:15:15,480 --> 02:15:18,750
If it changes and say, we go below
these lows here, I would like for the
2085
02:15:18,750 --> 02:15:23,490
price to consolidate around that level
and not closing that void, but start
2086
02:15:23,490 --> 02:15:28,380
to trade up in late New York, then
consolidate around the same level here.
2087
02:15:28,440 --> 02:15:30,269
And then we would still look
for that scenario to trade up
2088
02:15:30,330 --> 02:15:33,870
or isn't that void right there.
2089
02:15:35,130 --> 02:15:39,389
And then make a run down to this
level here and below this level at 1
2090
02:15:39,389 --> 02:15:42,000
0 8 55 for the cell stops below that.
2091
02:15:47,685 --> 02:15:48,225
All right.
2092
02:15:48,225 --> 02:15:49,515
So that's it's folks.
2093
02:15:49,605 --> 02:15:49,965
Um,
2094
02:15:55,935 --> 02:15:57,195
if you're still, Hey, awesome.
2095
02:15:58,335 --> 02:15:59,505
I just didn't want to hold onto it.
2096
02:15:59,715 --> 02:16:02,235
And I didn't plan on being here this
long talking, but you guys got me.
2097
02:16:03,735 --> 02:16:04,485
Do you ever Jagen?
2098
02:16:04,945 --> 02:16:05,535
You know what I mean?
2099
02:16:05,925 --> 02:16:06,525
I got ma'am.
2100
02:16:08,955 --> 02:16:10,155
Thank you very much for your prayers.
2101
02:16:10,185 --> 02:16:12,495
I will touch base with you later on today.
2102
02:16:12,555 --> 02:16:15,765
Again, reminding you to schedule
both what I have to do with my family
2103
02:16:15,765 --> 02:16:19,725
this week, and then we'll be at that.
2104
02:16:19,725 --> 02:16:23,115
Can I get that again with, uh,
something outlined for eight
2105
02:16:23,115 --> 02:16:24,765
o'clock tonight and Asia?
2106
02:16:27,015 --> 02:16:27,345
Awesome.
2107
02:16:27,345 --> 02:16:28,065
Thank you very much.
181014
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