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Okay.
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Thanks.
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Welcome back.
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Quick recap for Friday, June 2nd, 2017.
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All right.
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So we were studying the
non-farm payroll today.
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Uh, no trades were advised as
far as, uh, things that would
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lend well to the live account.
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Not that we give signals or anything,
but today was one more evidence.
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Is that why we stay on the sidelines?
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And we're hunting liquidity, just
like, uh, the market makers would
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be dealing in today on this.
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And I outlined in the area at
which I thought price would come up
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here, get inside of, and run that.
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And we didn't do it.
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We fell short of it.
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Uh, we were one PIP short of this
Wix high on this high in here.
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So that failure rate after the
non-farm payroll numbers came out,
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they adjusted price down to the high.
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I'm sorry, the low.
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Over here on the 22nd of May.
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So they finally took their stops.
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They were here and that weakness on the
dollar propelled Euro pound higher making
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a higher high than yesterday's intraday
high, which blew out previous weeks.
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Friday's high.
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The urinal.
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We weren't going to trade today.
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I felt it wasn't going to see much of
an opportunity, but I was surprised the,
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uh, they sent it higher right after the
non-farm payroll right off of M two and
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a filling ADR high and traded the R two.
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I still think we're gonna probably
run before the close of this week.
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And today I think we'll probably punch
up air to one 13 could go to 1 13 0 5.
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That was an objective.
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We were looking for yesterday
for a bullishness on a Euro.
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Uh, but Niro stopped me out right
here and then went sideways.
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So they held price and consolidation
going into nonfarm payroll Friday
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there's numbers sent price higher.
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You could see that happening here.
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Uh, again, we've fallen short
of the wick we were aiming for
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and the old high back here.
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It'll be interesting to see if next week
we have cable follow suit and try to
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closing that gap between the two, the
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pound dollar.
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Um, I got stopped out plus
too, from my entry point.
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I said, if we got down to
these levels here, zoom in.
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If we got down to this opening
here, hoping it comes in and.
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1 28 60.
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If it touches that price, I gotta
drop, uh, stop them below the entry
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I adjusted to plus two, and it went
down to that 1 28, 60, ultimately
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traded all the way back up, clearing
out Asian range, high and failed.
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And I did another trade.
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And this old high is a turtle soup.
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And to see if we would get some
movement down into at least the
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main threshold of this last down
candle, and you can see that here.
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At trade and throw that up there.
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She can see it.
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So a soul short what's turtle suit in
this high here as well, price rallied
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up and I collapsed it right here.
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So you can see where the
stop-loss was as well.
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Um, the.
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Today is negative six pips.
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So again, we weren't counting pips on
non-farm payroll, but we were practicing
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with the market environment as it is.
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Um, this level here, I'll
just borrow this as well.
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I said that we would probably end up
closing around the 1 28, 85 to 1 28 80.
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And we're basically working that level.
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Here.
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So we'll probably come real close
to that in the close of today.
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And I think it's going to be it.
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Um, dollar CAD real quick came down,
closed in that fair value gap, targeted
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that, right from the beginning of non-farm
payroll, before the fact we called
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that and your Aussie dollar actually
had a little bit more strength in it.
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And I expect that we were looking for
this fairway gap upside objective.
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So it closed in that a little bit.
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I suspect that we'll probably
see if we don't fail to go
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higher than we are right now
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at fair value.
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Got right there and notice I'm
drawing it on opening of this candle.
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South side delivery was offered
to the close on this case.
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And the next candle we opened rally up.
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So there was buy-side offered there
only sell sides that we're balancing.
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And out here, it would be looking for
74 85 on the outside for Aussie dollar,
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just to throw that in its completion,
have yourself a very good weekend.
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Relax.
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Uh, first of our monthly content starts on
Monday, so we'll be, uh, doing prerecorded
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teachings every single evening at 9:00 PM.
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You'll you'll have it by then.
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And we'll be doing live sessions.
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Every session in New York,
we'll be live with Forex trades.
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And again, we're going to keep in
our objective, aiming for 20 pips a
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day, scalping the New York session.
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So until we see, so again on
Monday to let me tell you.
7482
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