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BEAT THE MARKET MAKER - BTMM - STEVE MAURO - COURSE - DAY 2 — Transcript

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0:13okay welcome everybody uh subo nice to
0:15see you nice to see everybody came went
0:16through this already so I won't spend
0:17too much time doing that uh I had a
0:20couple things I wanted to talk about and
0:22show some letters that I got a lot of
0:23nice emails listen whoever sent me
0:26homework at 44 at 5:45 not going to get
0:30checked right before class come on man
0:32the cut off for homework needs to be 400
0:34p.m. eastern time all right so I at
0:36least have an hour or so to look at it
0:38the guys that got it overnight thank you
0:40I I spent all night looking at it going
0:42through my emails and keeping an eye on
0:44the charts some great setups last night
0:46I'm gonna point out a couple of letters
0:47that were really cool uh I cut out the
0:50email address on on this
0:52one uh this gentlemen was following Euro
0:55CHF which was fantastic it had a couple
0:57three days down very nice Spike to the
1:00low at the end of the US session it came
1:02back and uh hit it again right at the
1:04London open I got some snapshots of it
1:07we'll look at it but uh he figured they
1:09would push it to the ADR they did
1:11looking at the Mayo I took it took it
1:12there for 252 Pips I see how smaller
1:16Traders had their buy orders just above
1:17the quarter wood which is a
1:18consolidation or accumulation Zone in
1:20the
1:21market they wanted to trigger them
1:23orders long and I said I bet they will
1:25reverse better than 30 Pips to take a
1:28lot of them before the continuation
1:30look I don't know if you can see that on
1:31my screen homework still coming in shame
1:33on you
1:35guys all right anyway uh this was a nice
1:39trade 252 Pips great job you know who
1:41this
1:42is uh this is from uh Dave McCoy he's
1:46The Real McCoy I joked around he's
1:47turned the corner he's been around me a
1:49little while met him in Orlando a
1:51fantastic guy an eye doctor but I'm
1:53still blind he didn't help my vision I
1:54don't know what's going on over there uh
1:56he took EU short reversal got his 50
1:58Pips EJ got 50 Pips GJ got 65 Pips on
2:02the same setup as EJ fantastic night
2:05Dave proud of you buddy glad to see
2:09this and uh this is from Murray I think
2:13I finally turned in the corner not
2:14falling for the stupid circular
2:15encounter Trend
2:17trades uh I wanted you to see that and
2:19perhaps comment tonight on two trades I
2:21posted in the form earlier haven't had a
2:22chance buddy I'll look at it later I
2:24increased my demo account 25% in two
2:26trades with about 2% risk per trade no
2:29fear would have put 10 standards on them
2:31that's how certain he was of the setups
2:33fantastic stuff great to hear it uh some
2:36of the markups Lisa Stewart if you're
2:38here this is an excellent markup proud
2:39of you great job this is what your
2:41markup should look like a lot of you it
2:43did not no problem this is what is
2:45supposed to look like okay here's
2:48another one the name fell off and I'm
2:50sorry I don't know who I dragged this
2:51email out of and there was so many
2:52emails I couldn't go back if this is
2:55yours great job fess up let me know you
2:57should be proud of it uh I'm sorry I
3:00won't make that mistake again I dragged
3:01it to my desktop closed the email and
3:03couldn't remember where the hell it came
3:04from sorry about that but this is an
3:06excellent markup also
3:09okay uh some of the people asked me the
3:12trade that I was eating at having dinner
3:14at the Columbia and missed it the one
3:15that Rick
3:17grabbed yeah can you guys see this it
3:19says some people say they can't see my
3:20screen I didn't ask if everyone can hear
3:22and see should not be a blue
3:27screen okay good good John reboot
3:31refresh download Java that's the three
3:34solutions look come in and out reboot
3:36your computer and make sure you have the
3:37most recent version of java okay thanks
3:40asubio good stuff all right look they
3:42set the low here this is this is GJ
3:45pound Yen the the trade was better
3:47actually in EJ but they both set up
3:51identical okay they have the low formed
3:55they pull away the whole session and
3:57they come back and and nail it again
4:02okay what I want you to see is
4:04variations on the theme they hit the
4:06same thing three times right to the 4
4:09Hour mark an easy grab out in three
4:15bars okay this is EJ Euro Yen which is
4:18the same setup but I want you to see how
4:20the second leg let me grab my marker
4:23sorry about that the second leg came in
4:26here see the blue Tracer right there
4:28where I drew the yellow line the second
4:30leg came right down to the previous
4:32level open the spread pick up the orders
4:34and got the hell out of there quick your
4:36entry is right here and in three or four
4:39bars you're up big there's absolutely no
4:41pain and no draw down in that
4:44trade right I know I told you that in
4:46the thing and you you called on
4:48me told me I'm crazy I promise you in 30
4:51minutes you were up big and there was no
4:52pain on that
4:54trade you'll start to recognize these
4:56things the market maker does the same
4:58crap over and over
5:00that's all he's got he can hit your
5:01stops up or
5:04down change the direction that he moves
5:07off of one of these
5:09formations once he catches the retail
5:11Traders going the wrong way once you
5:14understand this the game is 90% over in
5:16your
5:18favor okay understand it's just
5:20variations on a theme he'll make
5:24deeper stop hunts or deeper Vector
5:27candles to try to trick you to make you
5:30perceive
5:31momentum all right this is hilarious to
5:33me I don't trade the Turkish l/ Japanese
5:36Yen but people say can you trade this in
5:39every pair any time any place the answer
5:41is yes look at this pair right here it's
5:44the Japanese Yen Turkish ler when's the
5:46last time you ever looked at that pair I
5:49know me either except today there's your
5:51vector three to the high 4H hour
5:53resistance they pull down consolidate
5:56there's shift The Zone there's your
5:57entry
6:00there's your us reversal W formation
6:03back to the watermark hilarious to me
6:06anyway it's in
6:08there Turkish Le or Japanese Yen this is
6:11a repeat of what happened last night
6:14here's your consolidation Zone this
6:15happened in Euro this was a few weeks
6:17ago there's your stop hunt low there's
6:20your vector three to the low three
6:22swipes at the low in the shadow box
6:24there's your entry no pay on the trade
6:26except the spread the spread's brutal on
6:28that pair straight green candles rise
6:30right past the
6:32mayonnaise and notice in here how they
6:34come back test the mayonnaise and
6:35continue on they test those
6:40points because people trade the average
6:42or moving average crossovers so those
6:45points have to be
6:48tested if you know better know where you
6:50are in the cycle you won't fall for it I
6:54think Tony T sent me a slide where he
6:56tried to short something similar to this
6:58Tony you got to know you are in the
7:00cycle you tried the short level one
7:02consolidation after the peak all right I
7:05know it's a mistake a lot of you make
7:06you need to understand the shadow boxes
7:08the timings where you are in the cycle
7:10to not fall for those type of
7:13things okay I showed you Turkish ler
7:16here's last
7:19night okay Euro CHF this is the one I
7:22was looking for Euro CHF look it's been
7:24dropping tremendously I think it fell
7:27over 800 Pips
7:29stop hunt right out of the box there's
7:31your consolidation there's your railroad
7:33tracks to the low at the appropriate
7:37time that trade was painless you were
7:39out in about 40 minutes or less 35
7:43minutes it was over second bar not one
7:46ounce of draw down the spread was a draw
7:48down in profit immediately stop loss
7:51goes below the
7:52low that's a beautiful trade coming off
7:55this is look pay attention let me toggle
7:57this so it goes away
7:59a big fat W right in your face there's
8:04the entrance entry right see it GBP CHF
8:09Euro CHF all the
8:14same okay this is Euro CHF the only
8:16difference the spike came at the
8:18changeover see it the spike came 515
8:25530 they held it it was a little bit
8:27late it was a little bit behind the
8:28other pair no big deal
8:30but don't you see what's in here you
8:32have your your drop one two three
8:36intraday three levels of
8:38drop Spike the low aggressively repeat
8:42the level at the London
8:44open they come back they fail to take
8:47out the low look very closely right here
8:50right there let me draw a big fat arrow
8:51for you see the blue Tracer in there
8:53light blue
8:55Tracer when they pin the light blue
8:58Tracer that is
9:01evidence that they are picking up the
9:04orders on the other side of yesterday's
9:08low but they do this by opening the
9:12spread and not releasing other Traders
9:15they're stuck minus5 minus
9:18two have you ever been in a trade where
9:21you get really close to getting out
9:22minus5 - 7 you think you're out and all
9:24of a sudden they shift it away from
9:27you right has that happened to you
9:29before of course it
9:31has they know this they come into the
9:34same levels spike it open the spread
9:37pick up the orders and they get the hell
9:38out of there look how quick this trade
9:40went into profit and they got out of
9:42there this was a 200 pip rise straight
9:45before you had the first level of
9:46consolidation stutter notice where it
9:49stutters at the 200 why because Traders
9:54probably tried to play the bounce short
9:57on the 200 EMA which is crap
10:02the signals the pins to the mayonnaise
10:04and the shark fins and all the stuff I'm
10:05going to cover are
10:08meaningless unless you understand where
10:10you are in the cycle and know if they
10:12Pinn to the
10:13mayonnaise as a stop
10:16hunt that's a setup if they pin to the
10:19mayonnaise after the stop hunt in the
10:21middle of the
10:23Run that's a different story stuff I'm
10:26going to talk about variations on the
10:27theme understanding where you on the
10:28cycle
10:31okay a lot of you wrote this to me
10:32someone said in a letter I wasn't
10:34supposed to trade but I did sorry but I
10:36couldn't help myself I saw this and I
10:38about fell out of my chair I love emails
10:40like that but even though you should
10:41just be observing not trading that's
10:43fine but it was kind of easy last night
10:45every major did this setup after the
10:47drop after the correction why they let
10:50out their money they let out their money
10:51they let out their money man we're
10:53running low let's correct against the
10:54trend let's rise price against the
10:57downtrend to get our money back
11:00understand start thinking like a market
11:01maker and stop thinking like a retail
11:04Trader following the technicals that
11:06everybody else sees on the chart when
11:09you see something so obvious that it's a
11:11downtrend you need to start thinking
11:13apply the breaks and look for the
11:15reversal this can be hidden behind news
11:19can be hidden behind any geopolitical
11:21event any garbage the debt ceiling they
11:23blame it on anything anything that's out
11:25there they'll blame it on
11:29that is on
11:30purpose they create an attitude or a
11:33sentiment about the market the Euro
11:35Zone's crap Euro's going to correct
11:36Euro's going to correct out of nowhere
11:38Euro
11:40Rises understand this is on purpose and
11:43it's to get you to chase the wrong
11:45directional
11:46move all right no I don't not I don't
11:49want to offend the guy I took the email
11:51out this was the worst email I got
11:55didn't I spend 20 minutes talking about
11:57this clock being a piece of crap
12:00no offense to the guy ascended I'm not
12:02mad at you I'm just mad that you didn't
12:04pay attention enough for me to tell you
12:06that these session times are
12:08I told you the times I gave you on
12:11the slide are solid
12:14gold everything else that's out there is
12:18propaganda to keep you trading
12:20incorrectly this slide comes from
12:23people's inability to understand the
12:25session changeovers if you sent it I'm
12:27not yelling at you
12:31all right do not use this clock use the
12:33times I gave you there's a script in the
12:35Forum to Ping your broker server and get
12:37the GMT offsets for the
12:40server I think uh Gary put it in there
12:42that's what I want you to use all right
12:45and if I misunderstood why you sent this
12:47to me I'm sorry but this like broke my
12:49heart I spent an hour talking about time
12:52ribbon matching up going over the times
12:54everything else is crap and then I open
12:56the email and saw this clock I fell out
12:57of my chair for once
13:01all right okay let's see all right let's
13:04get these photos out of here and I'll
13:06get into the slides we'll get caught up
13:07where we
13:09were taking me a second all
13:16right some of your markups were not as
13:19good as this and I'm not picking on
13:20anybody I just want you to get it right
13:22it's important we're going to do some
13:23training on how to do the homework but
13:25this is the kind of markup stuff that
13:27we're looking for
13:29get the times the shift
13:32bars today I'll make a list of the
13:34things that we talk about that you
13:35should be looking
13:38for okay all right let me get caught up
13:41you guys are not taking a break that
13:42fast all right we're going to talk about
13:45the Trading Zone and how it's
13:48set all right I'll take questions at the
13:50end of the class just relax open your
13:52mind enjoy yourself I see a lot of stuff
13:54flying
13:57by we'll talk about setups let's talk
13:59about the Trading Zone how things are
14:01set up don't worry about the charts
14:03right now just try to open your mind to
14:04the concepts it's coming relax we'll get
14:08there okay all right the Trading
14:12Zone I want you to learn how to identify
14:15the key points on the chart where you
14:16can safely enter into trades that is
14:19going to answer your question about the
14:20M's and the W formations
14:23relax the highest probability setups
14:25that will allow you to become most
14:28profitable I didn't say profitable I
14:30said most
14:33profitable I want you to nail this eight
14:35out of
14:36nine eight out of 10 that's the kind of
14:39success rate I want you to have hit
14:42rate okay so let's go over it the ideal
14:45Asian
14:46range is 50 Pips or less right Tokyo
14:50channel for you guys to know what that
14:54is all right some people saying they
14:56cannot see that Barbara can you there's
14:58a slide up there
15:01if you're having technical problems my
15:02slides are up I know my mic's working if
15:04you're having technical problems you
15:06need to log out log back
15:08in make sure you have the latest version
15:10of
15:11java all right okay Ben good thank you
15:14Adam thank you all
15:16right ideal Asian range less than 50
15:19Pips if it's bigger than 50 Pips I'll
15:22show you how to handle
15:25that the trading zone is set 25 to 50
15:30Pips higher or lower than the Asian
15:33range okay Jose we'll talk about it the
15:37Asian
15:39range sometimes gets blown out 100 125
15:43Pips you must then reconsolidate the
15:46last quarter to onethird of the
15:48[Music]
15:50box and understand the next possible
15:53advance or move how do we do that okay
16:00if the Asian
16:02range spikes
16:06down the next likely
16:08move if you have 100 150 pip news
16:12release the next likely move is at the
16:14London open second leg formation
16:18rise if price spikes up 100 Pips plus
16:22depending on the ADR the
16:24pair the next likely move is stop hunt
16:27High drop
16:31okay the new guys I want you to practice
16:34in a good Asian range so what I'm
16:36telling you is if you come to your
16:37terminal and the Asian range is blown
16:39out and you can't see where to
16:41reconsolidate it that's a pass on that
16:46currency
16:49okay don't
16:51trade that pair if the Asian Channel
16:53Tokyo channel is blown
16:56out the setup can occur
16:59in the last quarter to just outside the
17:02blue
17:07box if the move comes a little bit
17:09earlier and it does and it
17:12will you are smarter than a blue
17:15box understand what happened the move
17:18came earlier the high was formed they
17:19made the second leg repeat the level but
17:21didn't break
17:23it understand this it is still tradable
17:29okay am I going too fast am I pacing
17:30just right I'm jacked up
17:35today okay thank
17:42you
17:44okay this is
17:46what your Zone looks like now you know
17:49we put the gray boxes in
17:53here but the problem is I want you to
17:55learn without the gray boxes I want you
17:57to understand what you're looking at I
17:58want you to look at a box and go yeah if
17:59it hits the box I take it that's not
18:01what we're doing here I want you to
18:02conceptualize what these guys do and
18:05completely understand and immerse
18:07yourself in their behaviors and you'll
18:09be able to walk up to a chart at any
18:11point in time and take a
18:13trade okay so
18:15now the setup
18:17occurs in the last onethird to one
18:20quarter of this box okay so remember
18:23remember the little story they set the
18:24high and low at 5:00 pm they trade in
18:26between the range they get right before
18:28the London session they open the swing
18:31and then they will make the aggressive
18:32move 25 to 50 Pips in three
18:37swipes to form out the stop
18:40hunt they will then pull back and go
18:43into contract accumulation
18:47mode right validating all the stuff you
18:50read in the textbooks to make you
18:51continue
18:53short they will then make the second
18:55pass the second pass
18:59can take out the first pass as long as
19:03it closes on a
19:06pin if it does not close on a pin it
19:10must railroad
19:12track it must go down do some damage and
19:15come right back
19:17up close on a pin is a spike or a hammer
19:21bar that looks like that I'll show you
19:23pictures of the bars just write down the
19:25notes close on a
19:27pin okay here's what I'm I'm talking
19:29about let me toggle these and give you a
19:31clean
19:33slate okay here we
19:35go market maker set the high and low
19:37tradeing between the range don't allow
19:39traders to get out the last one/ third
19:41to one quarter of the Box they will
19:43widen the swing to pick up the pendings
19:45and snag the breakout Traders and mess
19:47up their
19:48weak they will then make three moves to
19:52the
19:53low and I'm going to cover that in
19:55detail today one 2 three to the low
19:59they will then pull back
20:02quickly and
20:04accumulate this move out of the box
20:07measured from the bottom of the range or
20:10the top of the range must be 25 to 50
20:14Pips if there was a textbook this is the
20:16the example that would be in the
20:18textbook are they going to hit it
20:19exactly no we know that the pound
20:21crosses do 50 pip stop Hunts on average
20:25we know Australian and Canadian does 20
20:27to 25 Pips on average as high as 30 if
20:31you guys don't bite they'll run it to 50
20:33I'm going to cover this but I want you
20:35to understand it and hear
20:37it okay think about every textbook you
20:40ever read where do you put your stop
20:437even to 10 Pips below the entry bar 25
20:46Pips below the entry 30 Pips 50 Max you
20:50think that they haven't read that book
20:52or heard this crap they know exactly
20:54where the stops are and located by the
20:57retail Traders
21:00that's why they knock them out so
21:04simple okay Coke I think it's kind of
21:06funny that you tell me to drink Coke
21:07when your name's Coke I think it's
21:11great okay look so now they spiked the
21:15low in three
21:16swipes right out of the box the distance
21:19is measured from the bottom of the box
21:21to this level right here okay that's how
21:23we
21:25measure if you reconsolidate outside the
21:28box
21:29then you must measure from your swing
21:31low coin a term from my friend Craig you
21:35must re issue the Box yourself just draw
21:38the lines from one swing low to the
21:41other swing high that becomes your
21:43range right I'll draw that example in a
21:45minute market makers will consolidate
21:48off of the low the last leg of the of
21:51the swipe to the
21:52low may look like an outside bar
21:59okay
22:00now how do you know it's an outside bar
22:02because they're consolidating off of the
22:04low of the
22:08day to trap the traders that are already
22:11down there and to validate the textbook
22:13technicals to go the wrong
22:16way okay that's what's going on now the
22:19second pass comes in last night it was
22:22ideal because it went right to the same
22:26level and the PIN pin whoever asked me
22:30about the pin was thrown down there to
22:32pick up the
22:37orders okay understand immediately they
22:42came out of the Zone that's the
22:43formation of your W have a lot of things
22:45going on here to to confirm the
22:48trade as soon as they do the work and
22:50trap the Traders they want to create
22:53fear greed and panic in the market
22:55that's their job their job is to keep
22:58you stunned and
23:01scared and for 80% of the Traders I'm
23:03guessing I don't know the number it
23:05works a lot of people say man I'm scared
23:07of this when I take an order I'm not
23:08sure if it's right I'm nervous the whole
23:10time I look at my screen every five
23:14minutes you were going to learn that
23:17when you get this thing right it's over
23:19quick and you can get on with your day
23:20in your life you'll grab 50 Pips in the
23:22blink of an eye 45 minutes to an
23:25hour no more nursing a trade and sitting
23:27there all night going I don't understand
23:29why it didn't pay anybody remember the
23:31scratch out
23:33limit you take an auto stop yourself or
23:35you take a self stop anybody tell me the
23:37number thank you two hours Auto scratch
23:41out two hours if you are not in
23:43substantial profit in two hours scratch
23:47out why they're holding the
23:50consolidation level to get more
23:52contracts the straddle they were hoping
23:54for was not
23:56achieved okay let's take that a step
23:58further
23:58fur Gap time's over at the end of the
24:01box right here right the guy comes in he
24:04tells him hey what's up man you know
24:07what I got a a boatload of Traders
24:09trapped down there about 500 million 50
24:11Pips off of the the low Tokyo
24:14channel so what do you want me to do go
24:17down there and get it I think we can
24:18pick up 500 million on the Stop and it
24:20only cost us 100 million to get down
24:22there
24:27okay that the Target right so now guy
24:31comes on London open pick up the
24:33breakout Traders widen the swing get
24:34pendings on both sides drag the market
24:36down to 50 Pips below the bottom of the
24:38channel hit all the stop out orders of
24:41the long holders induce people to take
24:43the short drag the breakout traders that
24:45lifted their stop against
24:48them snag them in position now I'm down
24:52there I'm expecting to accumulate 500
24:55million at 50 Pips below the Asian
24:57Channel
24:59my numbers didn't work out man something
25:00happened the Traders didn't fall for it
25:02I'm only about 250 million right
25:06now my boss is going to be
25:09pissed what's my next
25:12move we know that the stops are
25:15triggered in 25 to 50 pip
25:17increments I didn't achieve my target
25:19there goes my freaking bonus this
25:21week what do I got to
25:24do I gotta convince you
25:29that the direction is
25:31short how do I do that I hit it again 25
25:35to 50 Pips
25:39lower I'll consolidate for up to two
25:43hours if I don't get the numbers that I
25:45was assigned or told I
25:48need I can't just come up empty-handed
25:51there's too much money involved for me
25:52to come up empty-handed they're not in
25:54the business of coming up
25:57empty-handed so what do they do they
25:59attack the next level and cut this level
26:0225 to 50 Pips lower why 25 to 50 Pips
26:07because it'll convince you number one
26:11that that's the
26:12direction and number two it'll hit the
26:14stop losses of the people that got it
26:16right that were
26:18long then the same exact Behavior will
26:21be
26:23seen usually if they go over two hours
26:26and don't move it becomes a 5050
26:30proposition we are not in the 50/50
26:33business we are in the 8 out of 10 n out
26:35of 10
26:36business so what I'm telling you is that
26:39if you take a
26:41trade and it does not move into profit
26:43immediately like last night's
26:46setups your job is to closely monitor
26:49the trade for the two-hour stop clock
26:51put a timer on set an alarm clock
26:53whatever you need to do and if you're
26:55minus 7 plus 5 scratch your yourself
26:59out because the criteria or the setup
27:03has broken
27:04down and I don't want you hanging around
27:07for a 5050 shot there's going to be
27:10times when you say ah Steve it went my
27:14way and I and I'm gonna say yeah they
27:16did but they could have just as easily
27:17went the other way when they hold this
27:20level for more than two hours something
27:22else is going
27:24on they don't have the straddle that
27:26they needed they don't have the contract
27:28accumulation straddled the way they
27:30needed it for it to be profitable for
27:33them so now they got to extend the
27:36consolidation with an extended
27:37consolidation usually comes one more
27:39swipe at the stops it could be mild
27:43which would be the third hit
27:45down right you get that a lot you get
27:47three hits to the
27:50low if it hits the third time down
27:54you're good the trade's even more solid
27:56it's going to reverse
27:59here's why they didn't go down there
28:01because they were bored they went down
28:03there for the cash they grabbed it got
28:05what they needed and they get out of the
28:07Zone after the third hit you can expect
28:09a major
28:11move okay write that down it's not on
28:13the slide if they hit it three times
28:16expect a major
28:18move the better trade is if they hit it
28:21three times and
28:23each subsequent swipe is not taken out
28:28okay does that make sense here's why let
28:30me just draw on here they spike it pull
28:32back they hit it come near it Miss it
28:34they go on hit it again miss it if this
28:37is rising damn I lost the
28:42slide if this is rising okay that means
28:47that lower level shorts are grabbed
28:49don't let them out lower level shorts
28:51are grabbed don't let them out lower
28:53level shorts are grabed got everything
28:55we need lights out that's what it means
29:02okay now back to the Trading Zone sorry
29:06the slide got wiped out but I'm gonna
29:07wipe this out now
29:10okay right blah blah blah all this stuff
29:13okay last third uh last quarter to one/
29:15third of the box one two three of the
29:18low one two three swipes at the low it
29:22could be in three candles it could be in
29:24one candle it could be a railroad track
29:27but when you watch that candle form it's
29:29in three pulses and I'm going to break
29:32it down for you how it
29:34pulses okay so
29:38now they pull back they're going to
29:41accumulation got to get my money that's
29:43why I'm here
29:44today they hang
29:48around they push down and do not take
29:51out the previous
29:55level that forms the W formation your
29:58entry is on a
30:02close confirmed I'll talk about the
30:04variations on the theme and the candle
30:06your entry is here the first
30:09Target is the high of the
30:14day okay think about this for a
30:19minute if the Asian channel is 45 Pips
30:23that's that's 50 Pips right there right
30:2545 if the stop Hunt is 25 to 50 Pips
30:28let's just call it 75
30:31Pips I want you to learn how to become a
30:33master grabbing 50 Pips in your
30:37sleep okay and it can happen then the
30:40goal is to maximize your time in front
30:42of the screen to where you add contracts
30:45and you come out with the number of
30:47dollars you're looking
30:50for okay so now the Trading Zone they
30:54come out in three swipes they always
30:55pull off they make some outside
30:57structure some structure that's lower
30:59than the current
31:03consolidation thank you Paul I've been
31:04working on my
31:06artwork okay they will consolidate off
31:08of the low away from the pin away from
31:11it because they have some number of
31:13people trapped down here they do not
31:14want to release them it's not their job
31:17to release money their job is to trap
31:19the money and punish the
31:21Traders okay so that's how this comes in
31:24that's why it's an outside bar an
31:26outside structure Spike to the high
31:28Spike to the low same
31:29thing all right let's look at it again
31:31from this angle all right accumulate all
31:34night collect collect collect all right
31:35widen the swing got you one two three to
31:38the high one two three to the high pull
31:41back quickly get off of that high trap
31:44the Traders accumulate more contracts
31:47validate the fibs validate all the
31:48extension patterns anybody that got it
31:51right going short we got to take you out
31:53and scratch you out of that sorry about
31:55your luck
32:0025 to 50 Pips out of the last quarter
32:02onethird of the blue
32:07box
32:10okay that's how the trading zone is
32:14set the entire business is how they
32:18handle the initial high and
32:21low and the high and low of the
32:24day is the entire business that's it
32:26that's the whole business in a nutshell
32:28thanks
32:30Dave the fast move in Forex is fake
32:34because they're saving their money
32:35they're doing it on light volume they're
32:37flashing the pairs so when it spikes out
32:39really quick what you thought once
32:41before was momentum is actually the
32:43first leg of the stop
32:45hunt the aggressive Moves In This zone
32:49is to keep you confused about what
32:51direction and the ones that got it right
32:53to stop them and shake them out and take
32:55their money
32:59that's the nature of the beast that's
33:00what they
33:01do okay your
33:05job is to take trades near the low of
33:09the day and the high of the day that's
33:11it that's your job so with that job in
33:16mind okay here's a box that's blown
33:20out okay coming out of the London
33:22session there's the spike to the low bam
33:25they come back two bars for railroad
33:27tracks either one of these entries is
33:29acceptable they come back again and form
33:32up the second leg of the
33:34W this is level one consolidation see
33:37the pins hit the stops hit the stops hit
33:39the stops hit the stops rise hit the
33:42stops hit the stops Rise Again change
33:45the PIN to the top side and snag
33:49Everybody by the way this is what I mean
33:51this would have been the initial high of
33:52the Day candle or the secondary high
33:54rather when it's cut this would have
33:56been the high of the day right the
33:58second bar comes in and takes out the
34:00high but closes all the way down here
34:03right that's where it closed that's
34:05railroad tracks to the High where the
34:07second leg gets takes out the
34:10first but it if you know anything about
34:13candles which I'm going to cover when
34:14they Spike to the high like that they
34:16quickly snatch the market away from the
34:18higher level Longs and send them into a
34:20tizzy or a panic I don't know where I
34:22got this tizzy word from my wife said it
34:24to me the other day and I it's stuck in
34:25my head now I hate it sorry about about
34:28that they send you into a panic right
34:30you notice two bars is straight
34:33drop actually Four Bars one hour of
34:36straight
34:38drop that one hour of straight drop if
34:40you were long sucks for you you're
34:43freaking out right now you're moving
34:44your stop you're telling your wife to
34:46put on CNBC you're trying to figure it
34:47out right think about what they do if
34:50you are long they end the day back in
34:52consolidation and you almost get out on
34:55either one of these two passes but not
34:57quite turn a profit and you tell
34:59yourself I hate to lose money on this
35:01I'll hold it overnight see what happens
35:04tomorrow
35:06right that's the old way you trade
35:08that's over with
35:10now the new way is to understand at the
35:12high of the day you take a short in here
35:15and in three bars you're out of the
35:17watermark on a spike to the to the 50
35:19EMA and if you didn't book your profit
35:22on the first pass you got one more
35:26chance most of the time market makers
35:29will repeat the level on a near
35:32miss our group knows to take that or to
35:35book a profit if you're in the other
35:39way okay that's what I want you to start
35:42to
35:43understand all right here it is
35:46again here's your vector to the high
35:48right pulsation to the high it happened
35:51to be two railroad tracks to the
35:53mayonnaise what's kind of cool about
35:55that is that
35:58the traders that take the moving average
36:00Cross or or break plus a close are now
36:05long but we know it's the high of the
36:08day and we know that they snagged a
36:11bunch of Traders on this railroad track
36:12right
36:13here right then what do they do they
36:15pull off they go into consolidation for
36:17about an hour that
36:20consolidation keeps the retail Traders
36:24hopeful right think about it for a
36:26minute you've been in a trade you're
36:27down 15 20 Pips 25 Pips you go out it's
36:30holding that level there man that
36:31support from February 07 it ought to
36:34hold and bounce and continue on back up
36:35past the 200 think think of the
36:38mentality that's also a rally based drop
36:41rally based rise whatever the hell that
36:43thing is rallies up bases out and Rises
36:45up again some stupid textbook term I
36:46can't remember it's not important what's
36:49going on here is people are calculating
36:52this in their little heads and they're
36:54already planning on where they're going
36:55to take their wife
36:58right they're projecting this move and
37:00we know that it's BS we know that it's
37:03not going to play out like that and that
37:05they will correct off of the high of the
37:06day once it's
37:08established and you know the trade is
37:10good because they pulled off and went
37:12into extended consolidation to hold the
37:15level how long do they work these levels
37:1830 to 90 minutes the 30 minute anomaly
37:23is this railroad tracks the 30 minute
37:26anomaly is 15 up to the high 15 away
37:30they spike it in 15 minutes and they
37:33immediately get out of there in 15
37:34minutes that's where the 30 minutes
37:36comes in but an ideal High setup is 90
37:40minutes to about two
37:43hours I could tell you that in the pound
37:45crosses railroad tracks occur most
37:51often the volume for some
37:55reason they must trap quickly in the
37:58pound crosses and get out of
38:02there
38:05okay so here's what
38:08happens you have your drop this is the
38:10no trade zone especially for the
38:12newbies okay you should be in your trade
38:15and up and you should be in profit like
38:17right here in 10 minutes it's over I'm
38:19exaggerating an hour or so you're out no
38:21nursing the trade goes in the profit
38:23immediately when you catch the trade at
38:25this Hammer let me toggle
38:30when you catch the trade at this hammer
38:32or this railroad track they shift the
38:34zone right here and go into
38:35consolidation and then shift it
38:37again you up in profit the whole time
38:40they're consolidating depending on the
38:42spread plus five minus one plus 7even
38:45you're in
38:46consolidation somewhere in here you're
38:48out you got your plus 50 for the
38:52day if you want to hold it that's okay
38:55the exit is the reverse signal after
38:57after three levels of
38:58drop you're not always going to get
39:01three levels inra day understand that
39:03but now look take these two
39:08pieces that structure right there
39:11right that's is an outside bar those two
39:14pieces together if I put it on a 30-
39:16minute chart those two would be together
39:18that's an outside bar Spike to the low
39:20notice something else too when they hit
39:22the low again you have your three hits
39:24to the low this happens to come in
39:28at 9:45 and you have your consolidation
39:31to start the session
39:35above above the low of the day that's
39:38established right it's safe to enter
39:41anywhere in here the better entry is
39:44when they make the pass towards the
39:45second leg and fail to take it
39:47out I'll cover the times on the boxes
39:49just enjoy the concepts right now don't
39:51worry Robert I got you
39:52man the trade is counter to the market
39:55maker trend
39:58so the first Target is the The Watermark
40:0050 EMA look to take between 30 and 50
40:04Pips on a counter to the market maker
40:06Trend trade can it go for more of course
40:10but you are counter his
40:12setup if you're in A1 or V1 which I will
40:16uh cover I'd rather you not counter for
40:19the
40:21day
40:22okay understanding the cycle A1 V1 is a
40:26do not counter
40:29because the straightaway trade occurs
40:31most often
40:33here all right hope you guys are seeing
40:38this okay Trading Zone again this is an
40:43exactly an example of three hits to the
40:45high where you would have scratched out
40:47and that's okay but when they hit it
40:50again and didn't break
40:51it you got something solid okay the only
40:55thing I don't like about it is two hits
40:57are in one session and the third hit is
40:59coming into the uh into the US session I
41:01like to see the hits spread out over two
41:04sessions that is way more powerful
41:06because that means they accumulated for
41:08a while but look at all this
41:09accumulation right look what you got
41:11here's the high you got your pushes up
41:13three swipes at the high this is
41:15variation on the
41:18theme okay now they hit it they trade
41:22off of the high for hours they come near
41:25it but don't take it out notice how the
41:27pins have flipped to the top side
41:29there's no bottom side
41:33pins that is such a huge clue I can't
41:36tell
41:38you notice on this slide all the topside
41:41pins it's very important why they run
41:44the market up snatch it away grab some
41:45Traders run the market up snatch it away
41:48grab some Traders run the market up
41:49snatch it away grab some Traders but I
41:52want you to see what's happening down
41:54look low to the
41:55TDI the price is staying at the same
42:00level we're going to talk about the TDI
42:02don't worry the TDI is built on the RSI
42:06the RSI averages the
42:09closes so what's going on here is that
42:11taking an average of the closes is
42:13plotting a falling RSI TDI line that is
42:18telling you that these guys are
42:20averaging lower closes what does that
42:24mean if they're averaging lower closes
42:27it means they don't want to go back up
42:28to the same level and they're closing
42:30and jamming people every time that's
42:32what it
42:33means okay that's how you read the
42:35indicator the right way that's how you
42:38explain Divergence properly the average
42:41of the closes is off of the high of the
42:42day in this example and it is jamming
42:45Traders on each and every
42:49pass hang on Terry I'll explain
42:55it okay
42:59yes if you go long here you're toast but
43:02think for a minute look at the
43:04technicals how they're set up we got a
43:06watermark trading above mayonnaise so
43:08that means the 50 is above the 200 EMA
43:11that's a technical long in every book
43:14you buy the dips or the consolidation
43:16zones in a downtrend anticipating the ab
43:19equals CD the one 618 extension the
43:22lightning bolts going to strike you in
43:24the head or equals whatever right those
43:26are the technicals that we've all been
43:28taught in the
43:31books understand them holding the level
43:35ensures that the retail Traders pile on
43:37the wrong way not understanding in
43:39session changeovers and the market
43:41makers targets when they come on holding
43:44that level
43:46guarantees that retailers are taking it
43:48the wrong way now here's a little tricky
43:51one for you holding that level also
43:54allows them to work the euro cross AJ
44:00Cross or anything paired with
44:03Australian now think for a minute they
44:06come out of the box they issue three
44:08swipes and hold a high they hold a high
44:10for two three hours four hours almost uh
44:13half a session four
44:15hours holding the
44:17high does two
44:20things tricks the hell out of the
44:22retailers induces Longs and allows them
44:25to correct an Australian cross on the
44:27backside when nobody's
44:30looking this
44:32setup signals to you that there is
44:34opportunity in the Australian
44:40crosses understand if they extend the
44:43high and hold the
44:44level the opportunity presents in Euro
44:48odd
44:50AJ no not Apple Jack Australian
44:55JPY and anything
44:58crossed with AUD look on the big board
45:01there's
45:04tons think about how powerful that
45:08is you can come back on the third hit
45:12when they come back and change the
45:13session
45:14over and you could still take this after
45:18you've had all
45:21night
45:25okay chasing this currency after it's
45:28left the station is an
45:30absolute no no or whatever you want to
45:33call I got to hit you on the hand or do
45:34my fingers like shame on you chasing
45:36this after it's left is an absolute no
45:38trade that's why this says no trade
45:41zone when they shift The Zone away from
45:44the higher level long holders it's too
45:46late man there's ways to get in that but
45:48it's for the advanced Traders I don't
45:50want you to do that right now I want you
45:52to Simply take a short off the high and
45:55a long off the low and able to add
45:58contracts your entry is comfortable
46:00anywhere in
46:02here the second pass goes doesn't take
46:04out the high you can enter in here 30 to
46:0790 minutes while it
46:10holds if they make another pass and
46:12don't take it out restart the clock the
46:14trade's still valid and then look what
46:17happens us change over they don't take
46:20out the High lights out straight red
46:22bars an hour and 30 minutes to profit
46:25first consolidations
46:29zone right then another
46:32drop
46:34simple do not try to a lot of you guys
46:36are trying to turn this into a w you
46:39have to understand they work the high
46:41today if they work the high first you're
46:44looking for short
46:46opportunities if they work the low
46:49first understanding where the peak is
46:51which I'll talk
46:55about you have to understand they work
46:58the low first you're a buyer against the
46:59trend they work the high first you're a
47:01seller against the retail Traders Trend
47:04you got to think like these guys not
47:06like a textbook
47:10retailer
47:12okay hope you guys are understanding all
47:15right we're going to cover some rules to
47:18profit by then we'll take a five or
47:19seven minute uh break
47:23okay here we go write these down I'm
47:27going to go slow stop trading every
47:30day trading every day lines the broker's
47:33pocket doesn't line your
47:36pocket now I'm not saying take off and
47:39show up once a week that's not what I'm
47:40saying here what I'm telling you is you
47:43need to show up in your office every day
47:45at a set
47:47time look for the setups I'm going to
47:49give you the window of opportunity when
47:51those two times come if there's no setup
47:53there's no trade don't sit there staring
47:56at the chart going oh man maybe that's a
47:58second leg of an M or a w I don't know
48:00might take it it's you're over it's done
48:02that's
48:04it I want you to find the crystal clear
48:07setups that form the big W's and the M's
48:10or multi- sessions the easy to read stop
48:12hunts where you will be
48:16successful what's the difference if you
48:18take 10 trades with one lot or find the
48:21absolute pristine setup you know is
48:23going to pay out and take it with 10
48:24Lots hit your 50 pick up five grand for
48:27the for the week and be done and have no
48:29stress no worry no
48:32aggravation that's how you got to start
48:35thinking you got to start thinking like
48:37a market maker not like a retail Trader
48:41that activity or the nine to5 mentality
48:43where you got to come in your office and
48:44trade every day because you showed up
48:46that is crap mentality and leads to
48:50failure learn to become highly selective
48:53of the setups that I'm showing
48:55you if it scares you if the variation on
48:58the theme messes with you that's a pass
49:01I promise you there'll be another one
49:03tomorrow in more pristine condition than
49:05maybe the one you passed on I
49:10promise okay I want you to set your
49:13trading hours like this times are
49:18Eastern I want you to show up in your
49:20office around 12 1:00 in the morning
49:22Eastern
49:23time I want you to look for the setups
49:26at the end end of the blue box which is
49:28the last oneir to one quarter of the
49:30Asian session and go to about mid
49:34London around four
49:38hours take a
49:42break Zen and his wife Diane have a lot
49:45of children I lose track
49:48sometimes they cannot stay up at
49:51night they trade the red box in the
49:54morning after they leave their kids off
49:56for school
50:00after you trade the Asian session if you
50:01want to come back and most of you do you
50:03can't stand it take a break take a nap
50:06clear your head walk the dog smoke a
50:09pack at
50:10subbio then trade the red box for about
50:13two to four hours from 8 to 11 8 to
50:1710 and that's it don't stand like a
50:20zombie and stare at the screen it's not
50:23necessary that's the behavior that leads
50:25to destruction of your
50:30account okay and I'm gonna after the
50:32break I'm going to explain to you why
50:33these rules
50:36apply yes sub who eat some black
50:38chocolate man that's good stuff
50:39especially from where you are in France
50:40it's really good okay so listen here's
50:43the here's how you do show up in your
50:44office you're going to immediately be
50:46able to do a checkdown on the chart I'll
50:48show you how to do it you look back
50:49three to five days identify the peak
50:50formation and see where you are in the
50:52cycle W vvm ma a I'll draw for you don't
50:57worry I'm just telling you about
50:59it okay you know where you are in the
51:01cycle what day of the cycle you're at
51:03you have the technicals worked out you
51:05don't have to draw lines and fibs and
51:07crap on the
51:12chart okay depending on your dealer the
51:15blue box ends between 1 and 3:00
51:18a.m. daylight savings time it moves back
51:20I don't change
51:22mine I leave it at 2
51:25o'clock I don't change it when the the
51:27clock goes back I don't care just leave
51:28it it's too much
51:31work become highly
51:35selective take a break in the Middle
51:37come back for the end of the London
51:39session the beginning of the US session
51:42and make sure you Encompass the
51:449:30 equities Market us equities market
51:47open in order to be there for the
51:50Brinks right you got Encompass that
51:53couple of hours because they might come
51:54in and Hammer a Brinks for you and you
51:56got to take that
51:58trade if you're done in the London
52:00session and get your 50 Pips Marta if
52:03you're listening don't give it back in
52:05the US
52:07session okay I think tomorrow or
52:10tomorrow's Thursday already I think
52:11tomorrow Zen is going to cover what him
52:15and his wife do for the US
52:19session okay all right it's seven
52:22o'clock let me pull up my little
52:23stopwatch I didn't do it yet hold on
52:31okay I Tred to answer some of your
52:32questions on the break that were
52:33pertinent to where we
52:35were C very nice
52:39statement thank you he had an aha moment
52:42last night that's the whole point man
52:46okay here we
52:48go I want you to learn to capture 50
52:51Pips and right now not one pip
52:54more you're going to be able to add
52:57contracts man greed kills all good
53:04Traders here's what I want you to think
53:05about for a
53:08minute if you accidentally get jammed up
53:11in the stop
53:13hunt you should still be able to book a
53:16profit going the wrong way if you aim
53:17for
53:2050
53:22okay so if you learn to not to be too
53:24selfish or crazy or greedy or whatever
53:26the right word is and learn to extract
53:2850 Pips consistently out of the
53:31market even if you trade the wrong
53:33directional bias you got a shot at
53:35hitting your
53:38limit I could tell you that Zen is an
53:42excellent
53:43Trader but like all men we got to get
53:47more right oh it's the testosterone we
53:49got to beat these guys and beat the hell
53:50out and get more more more and he
53:53struggled with this when I first taught
53:54him about a year and a half ago
53:57he insisted on trying to lift his
53:58takeprofit and go for more and I told
54:01him
54:02why a lot of times when he lifted it he
54:04would end up with plus 30 or 35 because
54:07they would make the retracement on him
54:09and he would be Dam it and take his 35
54:11Pips
54:12off when he locked in in his mind the
54:15take profit needs to be a fixed Target
54:18and he'll be in and out in three to five
54:20bars when they shift The Zone and start
54:23pulling
54:24away he'll hit his limit and just start
54:26using contracts to compensate for the
54:29extra
54:31Pips his trading turned around
54:33completely and he's now I can't say he's
54:35the master because I think I am so he
54:37has to be the Junior
54:39Master
54:41anyway greed kills all good Traders and
54:45everybody goes through that phase of
54:46where they feel like they can get more
54:48more
54:49more don't forget why you got in this
54:52business time freedom and Leverage
54:56use that to your
55:00advantage to extract your 50 Pips like a
55:03master without fail and add five Lots or
55:0710 Lots or 80 Lots when you become
55:12proficient if you know that you're going
55:14to hit eight out of 10 the losers aren't
55:17going to bother you because you know
55:19you'll get it right back and end the
55:21week net Pro net profit net positive
55:26I want you to learn to
55:28take only Crystal Clear
55:32setups whatever that means to you I I
55:36went through this with Lauren last year
55:37I wanted her to pick her signature and I
55:39don't know if she ever did I can't
55:40remember she sent me an email a while
55:42back she liked two pins to the
55:44mayonnaise that was her
55:46deal if you get a stop hunt at 3:30 in
55:49the morning and they hit right to the
55:50mayonnaise and they issue a pin or a
55:52hammer right on the mayonnaise that's a
55:54nice setup that's going to pay out
55:56that's going to bounce off of the 200
55:59EMA I'll explain to you why in a little
56:02bit what you need to do is find what it
56:06is that makes you feel all gooey inside
56:10like wow I see that two pins of the man
56:11is I see a w on the 4 Hour I see three
56:14swipes at the
56:16low when you establish that and become
56:18comfortable with it I want you to focus
56:21your homework on
56:24that if you say Steve you know what I'm
56:27going to take three Vector candles to
56:29the low second leg and I'm only I'm I'm
56:31going to grab my 50 and be
56:34out then you need to focus your homework
56:36on finding those
56:39trades and see how often they pan
56:44out if you decide you're going to focus
56:46on multi- session Big W spread out over
56:49a day or
56:50two and then convert the spot
56:54trade to a swing and hold it for two and
56:57a half to three day cycle 200 EMA my
57:00friend mayonnaise is 200 EMA I'll cover
57:02it don't
57:05worry if you catch the midweek reversal
57:07or the Big W formation over two
57:09sessions that's the kind of trade you
57:12can
57:17hold if you want a swing trade obviously
57:20you got a hold for more than 50 Pips but
57:22when you're
57:25learning if you can't make 50 Pips how
57:27are you gonna make 250
57:30Pips it comes with time it's a process
57:33the biggest problem most you going to
57:34have is Flushing the crap out of your
57:36head I don't know how to do that the old
57:38technicals uh kooch wrote me a little
57:40something on the on the break that he
57:41was hanging out some of her friends his
57:43friends and they took the wrong
57:45directional move based on Old technicals
57:47and he said he felt bad because they
57:49were going the wrong way and he knew it
57:52he saw the market through a market
57:53Maker's eyes or through our eyes as a
57:55group and real those guys are going the
57:57wrong way man sorry about their
58:00luck anyway that's the stuff I want you
58:02to understand is that if you see the
58:05perfect setup you can take 50 contracts
58:07without fear of
58:09loss if you're trading a six out of 10
58:12system and you're not that good at a six
58:14out of 10 system how in the heck are you
58:16ever going to put those kind of numbers
58:18on comfortably without
58:22fear okay but I want you to understand
58:25that if you say I'm I'm going to take
58:26multisession M's and WS you go back and
58:28look how many times those things pay out
58:3050 Pips almost
58:33always and you're going to see that the
58:35ones that don't hold consolidation and
58:36scratch
58:38out when you realize
58:41that which comes from time screen time
58:44and doing the homework and seeing
58:46them when you realize that you're going
58:48to not be afraid to put 10 standards on
58:53there I'm not telling you to take 10
58:55standards tomorrow tomorrow I'm telling
58:56you to start small grow your
58:58account and get yourself into a position
59:02where you can take comfortably two to
59:04five trades a week one a day of the most
59:07pristine perfect setups that will yield
59:10you what you need to make to pay your
59:11bills and be
59:13comfortable everybody's different if you
59:15live in New York youve gotta have like
59:16500 trades a
59:18week if you live in Nebraska you
59:21probably got to have two trades a week
59:23depends on your lifestyle but it's all
59:25obtainable here by understanding how
59:28these guys
59:30behave and controlling your emotions and
59:33your greed in the process
59:38okay all right why 50 Pips Steve I want
59:41to go for 500
59:43Pips
59:45okay you are not going to deal from the
59:48absolute bottom or the absolute
59:50top so let's take 10 to 15 Pips off of
59:54that number
59:57of the move right you got to include the
59:59spread and slippage that these guys do
1:00:01that's the business the bigger your
1:00:03contract sizes the more you'll start to
1:00:04see
1:00:08it let's add five for slippage and the
1:00:12spread you got a two pip spread they
1:00:14slip you a pip three it's a lot of money
1:00:17with a lot of standard Lots
1:00:23on we all know that all three levels are
1:00:26not going to appear every day on the
1:00:28chart so that limits you to what's going
1:00:31to be available to
1:00:34take so if you average level one and
1:00:36level
1:00:37two from the peak formation to the high
1:00:40low day consolidation
1:00:43Zone you got about 70 Pips available to
1:00:46you if you have a tide ADR for the
1:00:51day you can easily grab your 50 Pips out
1:00:54of that float
1:00:57and grab most of what was available for
1:00:59all the other Traders and come out way
1:01:01ahead of the
1:01:03curve the bottom line is this I don't
1:01:07know if DJ's in
1:01:09here but he wasn't seeing the pattern so
1:01:12clearly but because the tights are the
1:01:14stop losses are so tight when you get in
1:01:16near the low or near the high 7 10 15
1:01:20pip stop losses I don't say that in
1:01:21public because people think I'm nuts hey
1:01:23Doug nice to see you buddy
1:01:28I hope I'm not embarrassing you saying
1:01:29this but he had a he had a bad week
1:01:31where he had more
1:01:33losers than
1:01:35winners but because the stops were so
1:01:38tight and he was taking 50 out of the
1:01:39market at
1:01:41will he was net
1:01:44profitable I want his numbers to be
1:01:47better but the bottom line while he's
1:01:49training and learning he's still making
1:01:52money because he's getting in close to
1:01:54the numbers
1:01:57sometimes he's wrong and he hits a stop
1:01:58but it's 101 15 Pips and he goes again
1:02:01he can have two or three
1:02:05stops and when he hits one he gets it
1:02:07all back for 50
1:02:09Pips it's called controlling your losses
1:02:12and your
1:02:15emotions hey Zim if you understand
1:02:17what's going
1:02:21on and how they structure the stop-loss
1:02:24levels and how they hit it you can come
1:02:26right back at them I once heard and I in
1:02:29a school somewhere I don't want to say
1:02:30the name they said if you get stopped
1:02:33out to go on
1:02:37vacation and they really meant
1:02:40it you do not want to be on vacation
1:02:43with me if I just got stopped out what
1:02:45fun is that going to
1:02:48be what I want you to understand is that
1:02:52when you analyze the market conditions
1:02:56and you get stopped out if you walk
1:02:59away and come back the same time
1:03:03tomorrow you could fall right into the
1:03:06same
1:03:09conditions if you get stopped
1:03:12out andone want to take a stab at how
1:03:15long you
1:03:16wait two
1:03:18hours
1:03:22why if they go Vector three again three
1:03:26bars takes 45
1:03:30minutes if they Spike the low and go
1:03:32back into consolidation that will take
1:03:35another hour or so to set up that
1:03:40structure if they Spike the low again
1:03:42that's another 15 to 30 minutes there's
1:03:45your 2hour time window for
1:03:47re-entry the structure must be 25 to 50
1:03:52Pips above or below your previous entry
1:03:58if they hold the level and pass a third
1:04:01time and it still is also two hours and
1:04:03they might have snapped you out with a
1:04:06pin and Clos below or above that
1:04:09structure that is still a good entry
1:04:12I'll draw for you don't worry I just
1:04:13want you to
1:04:15listen Okay so if you take a trade right
1:04:18out of the London box and they Vector
1:04:19down it looks like the W to you and they
1:04:22and they hit your stop you don't walk
1:04:24away that's that's what amateurs
1:04:27do you analyze the market condition wait
1:04:30for the next level stop hunt and Strike
1:04:32Zone and you
1:04:36strike these guys vary the levels to
1:04:40keep you
1:04:42confused there might be a 4H hour line
1:04:44laying down there they might come out
1:04:46hold the level and then go there's the 4
1:04:48Hour bam and go get it that might cause
1:04:50you to get stopped out control your stop
1:04:53and enter on the next strike zone 25 to
1:04:5650 Pips below where you just were and
1:04:58I'll illustrate this I just want you to
1:04:59hear
1:05:01it I'm trying to give you the concepts
1:05:03for the next couple of days you have to
1:05:05listen don't worry about the charts
1:05:07don't worry about your indicators don't
1:05:08worry about stuff you cannot see it's
1:05:10irrelevant right
1:05:11now I'm trying to get you inside the
1:05:14head of these guys the mind of a market
1:05:16maker and understand how he handles the
1:05:20market this knowledge by itself is
1:05:23invaluable don't worry about the Char
1:05:26stuff it'll will straighten it out I
1:05:29promise
1:05:35okay if you listen to the rules I just
1:05:38laid out for you and wrote them down
1:05:40there's a good chance you will hit your
1:05:41limit every single
1:05:44day or every time you take a trade if
1:05:47you wait and exercise
1:05:51patience the thing that's kind of crazy
1:05:53is you can trade both ways against the
1:05:55trend and against the retail Trend so
1:05:59that means you have an opportunity to
1:06:00book profit in both sessions from both
1:06:03ends of the
1:06:06range you can take a short off the m and
1:06:08a long off the W on the extremes of the
1:06:11range and be profitable both trades and
1:06:14book yourself 75 to 100 Pips
1:06:17consistently 50 on the first Trend
1:06:20move 25 to 50 on the
1:06:23counter going against the retail
1:06:28Traders market makers trade both
1:06:32ways every day why would you have
1:06:36fear to follow them and trade both
1:06:41ways you can average a 100 Pips a day
1:06:44doing it this
1:06:47way combination of pairs let's say take
1:06:49Euro GBP CHF you bag 50 in the London
1:06:52session on all three pairs that's a buck
1:06:53and a half times your
1:06:56contracts then you can take the counter
1:06:58one or two pairs back to the watermark
1:07:00on the ideal level three drop setup W
1:07:02back to the
1:07:04watermark another 40 to 50
1:07:07Pips or until the pair comes to rest
1:07:09into
1:07:12consolidation understand the extremes of
1:07:14the Zone a sucker trades in the middle
1:07:17and offers up your stop loss for these
1:07:19guys learn to be selective on the
1:07:21extremes of the range
1:07:27if you're only studying one pair that's
1:07:29perfect sunny I don't know if she's here
1:07:33she told me she got so profitable she
1:07:34ain't wasting her time taking my
1:07:36seminars anymore I don't know if I
1:07:37should be proud or
1:07:40insulted she focuses on EUR USD she took
1:07:44about a $500 account to 8,000 plus
1:07:47dollars in a few
1:07:49months focusing on only EUR USD and
1:07:53trading both sides of the range
1:07:55understand their behaviors and mastering
1:07:57that pair Trent I don't know if he's
1:08:03here has been chasing the pound USD for
1:08:07years it was driving him crazy when I
1:08:11gave him the last piece of the puzzle he
1:08:13beats the crap out of the pound on a
1:08:15regular basis for multi five
1:08:19figures a day or in a couple of days by
1:08:24the way
1:08:25you're probably going like five figures
1:08:27what is that not five figures a year
1:08:29five figures a week or a couple of
1:08:31days
1:08:34okay that's the power of understanding
1:08:36what these guys do I want you to
1:08:38understand
1:08:38that once you master this you're going
1:08:41to have no more fear the Market's going
1:08:42to be
1:08:46easy okay so
1:08:49now here's what we're going to
1:08:52do let's start to break the system down
1:08:55the things on the chart that you guys
1:08:56have been bugging me
1:08:58about and let's start to break them off
1:09:00put them all back go over the boxes the
1:09:02times the averages what you're supposed
1:09:04to look for how price action supposed to
1:09:05behave the structure of an M&W that's
1:09:07what we're going to
1:09:09cover
1:09:13okay so let's do it the components of a
1:09:20system I don't care what system you're
1:09:22trading I hope it's mine and I hope that
1:09:24you throw everything else
1:09:27out but you got to have a reason for
1:09:29entering the market you can't just go I
1:09:31like Euro today I'll take
1:09:33it this has to be called your setup
1:09:36right it's got to be based on some fact
1:09:40level count Trend Direction Peak
1:09:41formation high
1:09:43low where you are in the
1:09:46cycle V1
1:09:50V2 you got to know where you are in the
1:09:52cycle and you have to have a setup at
1:09:54the approp rate times for it to be
1:09:58valid that setup is your reason to buy
1:10:02sell or stay out of the
1:10:04market simple right easy easy
1:10:10stuff in addition to its setting up
1:10:13there's got to be a signal presented to
1:10:15you second leg pin issues on a hammer
1:10:219:30 the high or low is
1:10:23formed the higher the day is formed
1:10:26second leg issues a hammer at 3 3:45
1:10:31a.m. it's got to be a Confluence of
1:10:34triggers the Confluence of triggers has
1:10:37to be all these things that I've been
1:10:39talking about for the first day and a
1:10:40half has to come together at the right
1:10:42moment in
1:10:46time okay 50 pip Tokyo Channel Asian
1:10:49range Market maker spread call it what
1:10:51you
1:10:53like they come out of the box they have
1:10:55three Vector candles to the high it
1:10:57happens to be 25 to 50 Pips above the
1:11:00top of the box market makers quickly
1:11:02pull back and into
1:11:03consolidation the second pass comes in
1:11:06fails to take out the previous High
1:11:08candle ends on a railroad
1:11:11track forms out the perfect
1:11:15M at 3:45 in the morning that's a
1:11:21setup the pair has been dropping for
1:11:23three days it's at level three it's
1:11:24chopping it's erratic Behavior I noticed
1:11:26the pins are to the downside there's a
1:11:28spike to the low outside bar in the
1:11:30Asian session market makers come out at
1:11:32London at 330 and they Spike the low but
1:11:36barely miss it the blue Tracer by a hair
1:11:38they turn around and issue railroad
1:11:40tracks a half hour later at four
1:11:43o'clock that's a
1:11:46setup okay those are the things that
1:11:48have to come together it's the signal
1:11:50and the confluences that all come
1:11:52together at the right time okay
1:11:57that's what I'm talking about putting it
1:11:59all together and you will be able to do
1:12:01that okay everybody knows this but for
1:12:03some reason this is in every book and I
1:12:05agree happen to agree with this one you
1:12:07got to have a fixed stoploss man you
1:12:09can't be like I put the stop here if I
1:12:12feel like it
1:12:13later and let me tell you right now I've
1:12:15heard this before and if you're doing
1:12:17this stop immediately mental stops do
1:12:20not
1:12:22work all right let me say it again
1:12:25mental stops do not
1:12:28work because you always think it's going
1:12:30to come back you always think you're
1:12:32right and you'll go ah a little bit more
1:12:34I'll cut it a little bit more I'll cut
1:12:35it if you're going the wrong way and
1:12:37they're Shifting The Zone away from
1:12:39higher level Longs or lower level shorts
1:12:41they ain't coming back and you ain't
1:12:43getting
1:12:44out the cheapest stop loss available to
1:12:47you is the first one in the right
1:12:50context of the market and I'll show you
1:12:52where that goes
1:12:56right mental stops are for mentally
1:12:58people don't do it
1:13:02okay you got to have a way to protect
1:13:04your profit once it's achieved I've met
1:13:06people that can pick perfect M's and W's
1:13:09they get cocky by Friday they do one
1:13:11stupid trade and give it all back
1:13:12because they can't believe they're
1:13:14wrong is that on my tab I can't help you
1:13:17with
1:13:19that those are the kind of
1:13:23behaviors that you got to deal with you
1:13:25need Norm spend some time with
1:13:28him you need to fix your mental edge of
1:13:31the game I can't help you with that that
1:13:32should not be on my tab you got a deal
1:13:34I'm going to show you where the stop
1:13:35loss goes in the right context of the
1:13:37market I'm going to show you how to pick
1:13:38the perfect entries and where to take
1:13:40your profits if you lift your stop loss
1:13:44I can't help you you got to beat this
1:13:47demon yourself you got to beat it down
1:13:50there's nothing wrong with being wrong
1:13:51for 15 or 20 Pips and bagging two or
1:13:53three for 50 there's nothing wrong with
1:13:55that you can be wrong it's
1:13:58okay it's better to be wrong quick get
1:14:01it over with and look for the next level
1:14:03Strike Zone and I think what happens
1:14:06prior to this class you're so happy that
1:14:08you finally think you got a decent setup
1:14:10that you hate to be wrong because then
1:14:11you got to look for another one and
1:14:13you're scared to death to find another
1:14:14one so you like oh man I thought this
1:14:16was a good setup let me just hang on see
1:14:18if it comes back I think that's what
1:14:19happens with a lot of people but once
1:14:22you understand how the structure of the
1:14:23market is set up you're going to be able
1:14:26to get in and get out both directions
1:14:27both ways all the time anytime you're
1:14:29not going to be afraid
1:14:31anymore you should have a calmness come
1:14:33over
1:14:36you
1:14:39okay you got to have a strategy protect
1:14:41the profit once you got it swing Traders
1:14:43you got to move to break even when
1:14:45you're up 50 to 75 Pips you got to move
1:14:47the stop in behind the next strike zone
1:14:49stop hunt into the next level we'll talk
1:14:50about it
1:14:52okay my favorite is a jumping stop where
1:14:55you manually jump the stop I do not like
1:14:57a trailing
1:14:58stop and the answer is simple why who
1:15:02provides a trailing stop on the platform
1:15:04for
1:15:05you the dealer that guy ain't your
1:15:10friend I've met more good trade traders
1:15:13that have been trailed out by a trailing
1:15:14stop and they were going the right
1:15:16way because they didn't understand how
1:15:18to jump into the consolidation zones now
1:15:21with that said if you ain't going to sit
1:15:23up all night
1:15:25I'd rather you Trail the
1:15:27stop than do nothing because it's a
1:15:30crime to be up 45 Pips M your take
1:15:33profit by a hair and come back and wake
1:15:35up to a stop out that's
1:15:39unacceptable that's a 40 to 60 pip swing
1:15:42against you in your favor and back
1:15:44against you and you ate the stop that's
1:15:45a crime I don't care what country you
1:15:47live in that's a crime it's high treason
1:15:50to the method
1:15:53okay the goal is to preserve your
1:15:55Capital while you're learning and to
1:15:57grow it that's the
1:15:59business if you can treat a demo like
1:16:02real money I applaud you for that I
1:16:05rather use a demo while you're
1:16:08learning because I want you to preserve
1:16:10your Capital but if you cannot you have
1:16:12a couple Grand why not open a micro with
1:16:14500 bucks and practice with real money
1:16:17and leave your other Equity set aside
1:16:19that's a better strategy and then when
1:16:21you become successful you have all your
1:16:23Equity left
1:16:26okay important and if you do like Casey
1:16:29where you take a small account and
1:16:30triple it you'll have more Equity to put
1:16:32on top of your
1:16:34Equity it's just a better way to go
1:16:36about
1:16:39it yes Nick that's
1:16:43true
1:16:45okay trading systems continued you got
1:16:48to have a profit Target it's got to be
1:16:50fixed projected or based on stops for
1:16:52swing Traders or based on the reverse
1:16:54signal
1:16:56when you become proficient in
1:16:58understanding if the m is the entry then
1:17:01of course the W or a top is the
1:17:05exit
1:17:07right I'm sorry if the m is the entry
1:17:09the W is the exit if the W is the
1:17:10entrance the m is the
1:17:13exit the opposite signal at the
1:17:16appropriate
1:17:18time is the exit if you insist on taking
1:17:21the entire run of 255 Pips that's okay
1:17:24if you grab the
1:17:26low even if it comes back into mid-range
1:17:29consolidation you'll close the day we're
1:17:31around 50 Pips think they Spike the low
1:17:33they raise price all the way up if you
1:17:36don't move your stop and you were right
1:17:38today which you should be right they're
1:17:41going to come back
1:17:43midlevel if you never moved your
1:17:45stop you're still good you're going to
1:17:48end up with plus 50 or so in here
1:17:50depending on the ADR or the pair but why
1:17:52when this was the exit okay
1:17:56it'll come takes time it's a journey
1:17:59it's a
1:18:01process but the rules that are used by
1:18:03regular Traders because you do not have
1:18:06unlimited Equity apply to
1:18:09you but just using them for our methods
1:18:12to trade
1:18:16okay okay you got to have money
1:18:19management when you're
1:18:23learning I want you to use about 1%
1:18:27risk One Mini lot one micr lot depending
1:18:30on your account size we'll talk about
1:18:31that there's a sheet
1:18:33provided you got to have a way to manage
1:18:35your money and if you don't have to
1:18:37figure out your stop- loss you take
1:18:39distance to stop times lot size right
1:18:41lot size times Pips or distance to stop
1:18:43equals your risk take that as a
1:18:45percentage of your
1:18:47account okay if you have a $55,000
1:18:50account a 10% risk would be $500
1:18:55a 1% risk would be $50
1:18:59okay when you look at some of Rick's
1:19:01statements and trades I don't know if
1:19:02he's in here or not he does ramp up his
1:19:08risk but I can tell you that he ramps up
1:19:10his risk on small accounts after he's
1:19:12already made multi6 figures trading this
1:19:15way so if he burns five grand he don't
1:19:17care because he'll come right back at it
1:19:20if it's your last five grand I want you
1:19:22to treat it like it's your last five
1:19:23grand and trade it with respect
1:19:25and don't burn your Equity down when you
1:19:27make multi6 figures you want to throw
1:19:28five grand and trade 50 standards and go
1:19:31crazy that's okay let's make some money
1:19:33first before you start doing some of the
1:19:35stuff that Rick does all right Rick I'm
1:19:37not picking on you I love you man I just
1:19:40want to make sure that they don't look
1:19:41at your statements and get jacked
1:19:45up all right it's doable if I can teach
1:19:48one man to do it I could teach any man
1:19:50to do
1:19:52it yes 1% risk initially first couple of
1:19:56Trades get comfortable make sure you're
1:19:57seeing everything right and if you could
1:19:59do it on demo even better but if you
1:20:01don't treat demo right don't use demo
1:20:03use
1:20:03micro okay and if you don't know where
1:20:06to deal from that's what Kim and uh
1:20:08Compass are here for contact them
1:20:10immediately and get you get you set up
1:20:11where you need to be let them do that
1:20:13for you that's that's one of their tasks
1:20:15here with us today to get you dealing
1:20:18from the right place a place that has
1:20:19micros place where they're not going to
1:20:22trigger your stops every five minutes we
1:20:23want you to be in the right
1:20:26dealers
1:20:29okay all right understand very
1:20:34important that the market maker pattern
1:20:36that I've drawn for you and laid out for
1:20:37you outweighs any man-made
1:20:43indicator all right let me say that one
1:20:45more time the pattern has has I so far
1:20:48Illustrated for you outweighs RSI TDI
1:20:52moving averages it outweighs everything
1:20:55and I always say this the pattern the
1:20:57pattern the pattern is the top three
1:20:59things you need to be concerned
1:21:02about you react to the market makers's
1:21:05actions you will have profit you will be
1:21:08successful in order for us to understand
1:21:11how to recharge and identify the market
1:21:12Maker's intentions I took some widely
1:21:15used indicators and applied them to a
1:21:17chart to help us understand the timings
1:21:19entries and exits I took the worktime
1:21:22ribbon that somebody made in Russia and
1:21:24I progr Med it or had it programmed I
1:21:26don't program nothing just kidding had
1:21:28it programmed to match the Tokyo Channel
1:21:31and the US session reversal I took some
1:21:33shadow boxes thank you Ray and put in
1:21:36the key times when market makers issue
1:21:39the Brinks
1:21:41trade that's what the shadow boxes
1:21:43represent they represent the times when
1:21:45the Brinks trade will present the stop
1:21:46hunt zones and I will cover all that
1:21:48stuff don't
1:21:51worry Divergence in TDI and RSI the B
1:21:54I'm going to explain how to use all that
1:21:56in conjunction with our
1:21:58methods but understand the students that
1:22:00are having more success as they move
1:22:03forward in their success they shed the
1:22:05crap off the
1:22:08chart okay I wanted to announce
1:22:10everybody Ray mentioned this to me and I
1:22:11forgot and he just reminded me that he
1:22:13is currently coding a new version of the
1:22:15worktime ribbons that will automatically
1:22:18ping the broker server grab his GMT time
1:22:21and or the broker server time and match
1:22:23it up to R for our needs it'll be ready
1:22:26soon I don't know when if you want to
1:22:28bother someone bother Ray I'm going to
1:22:30put his phone number up here in a
1:22:32minute I'm kidding man we're not going
1:22:35to do
1:22:38that I know it'll be ready so any broker
1:22:40that you drop it on the boxes will shift
1:22:43necessary for our methods okay it is
1:22:45going to be
1:22:47good since most of you know how to use
1:22:49all these indicators and then Fallen
1:22:51victim to popular technicals using them
1:22:54allow us or you a faster
1:22:56transition you know what Divergence is
1:22:58if I could show you how to spot
1:22:59Divergence during the stop hunt in
1:23:01context of what we're doing you're going
1:23:03to pick it up faster if I could show you
1:23:05how to pick a hammer which is a common
1:23:07Candlestick pattern at 3:45 in the
1:23:09morning second leg of the W you're going
1:23:12to pick it up faster so we've
1:23:14Incorporated some of the standard
1:23:16technicals onto the charts to help you
1:23:20see the goal and the dream for all of us
1:23:23is to shed that stuff and trade maybe
1:23:25the boxes the ribbons time
1:23:29ribbons and a couple of maybe moving
1:23:32averages for where they're going to form
1:23:34the zones stop hunt to the mayonnaise
1:23:39reversal
1:23:43okay that's what I'm talking
1:23:50about okay for the purpose of this class
1:23:56the EMA 51350 2 200 800 will be used how
1:24:00do you
1:24:02remember mustard ketchup water
1:24:06mayonnaise blueberry pie whatever you
1:24:09want to call it all right here
1:24:11look
1:24:13mustard ketchup water mayonnaise blue
1:24:20blue
1:24:22whatever okay
1:24:30we're going to cover some basic
1:24:31Candlestick patterns hammers railroad
1:24:34tracks spikes to the high outside
1:24:37bars it's not
1:24:41stuff that you haven't already
1:24:44seen I didn't invent them candlesticks
1:24:47them around since the 1600s I think when
1:24:49they used to trade rice they used to use
1:24:50them back in the day commodities
1:24:55but here's the thing about them a hammer
1:24:57in the middle of a run is
1:24:59worthless in my opinion Steve Nissan
1:25:02will probably yell at me but here's the
1:25:03deal a hammer issued at
1:25:063:45 or at
1:25:099:45 a hammer issued as second leg of
1:25:11the AMW
1:25:13formation understanding the context of
1:25:15the market where you
1:25:18are will help you to understand our
1:25:21setups faster because you've studied
1:25:23this stuff
1:25:25okay railroad tracks double bars or if
1:25:28you're using a bar chart railroad tracks
1:25:30look like railroad
1:25:32ties is simply market makers run up
1:25:35there grab the orders and come right
1:25:36back down or vice versa down and come
1:25:38right back up understanding that right
1:25:41out of the blue box as as three vectors
1:25:43on one side and then the railroad track
1:25:45pulls away that's going to help you
1:25:46understand the
1:25:48setups okay we're going to use
1:25:50color-coded sessions the worktime ribbon
1:25:52codes the sessions for us to understand
1:25:54where we are in the
1:25:56cycle I'm going to cover it you got some
1:25:59crossovers Arrows with
1:26:01alerts we use 51350 right the 513
1:26:04crossover is the signal line here's the
1:26:06thing about the
1:26:08averages if you wait for the average the
1:26:11cross you're kind of late to the party
1:26:13and that's not what I want for
1:26:16you the 53 cross fires most of the time
1:26:20when they shift The Zone away from the
1:26:22level Traders they shift The Zone down
1:26:25from higher level Longs the 513 will
1:26:28cross when they shift The Zone off of
1:26:30lower level short holders the 513 will
1:26:32cross the arrow will fire a lot of
1:26:36times that shifting of the Zone will put
1:26:39you into monster profit
1:26:41immediately when the arrow
1:26:43fires it is not an entry signal it is a
1:26:46confirmed
1:26:48confirmation that you are still in the
1:26:50right
1:26:51direction
1:26:52okay moving averages in the wrong
1:26:55context of the market are
1:26:58worthless and I mean absolutely
1:27:01worthless it's like trading spaghetti
1:27:04right sideways chopping the moving
1:27:06averages in the Asian session they're
1:27:08worthless the moving average cross over
1:27:10after the stop hunt and the W orm forms
1:27:13they shift The Zone and the arrow fires
1:27:15confirmation I got it
1:27:19today that's what we're going to cover
1:27:21how to use them in the right context of
1:27:23the market maker patterns and because
1:27:25we're using stuff that's common
1:27:27technicals the transition will be
1:27:30quicker yesterday's high low high of the
1:27:33day low of the day H OD LOD it paints on
1:27:35the chart as a light blue
1:27:38marker and I cannot say enough important
1:27:41things about that light blue Tracer if
1:27:44yours is not
1:27:46working if it's not painting right if
1:27:48something's wrong if they're smashed
1:27:49together those things happen I'll send
1:27:52you a fresh set of indicators we the
1:27:54file up and get it to you Kanan can do
1:27:56that for
1:27:58you pivot
1:28:00Points pivot Points are kind of
1:28:04crazy they're intraday support and
1:28:07resistance here's what
1:28:09happens a lot of the times you will get
1:28:12your three swipes at the low right to an
1:28:14M1 or M2
1:28:16pivot it'll pull back and make the
1:28:19second leg at the same pivot
1:28:21point that just helps you to trade do
1:28:25you need them no the pattern the pattern
1:28:27the pattern some people like them some
1:28:30people don't I'm not offended I didn't
1:28:33invent them but there's some Targets on
1:28:35the
1:28:37chart that help space out where the stop
1:28:40hunts may occur you have the boxes if
1:28:42you don't like the pivots get them off
1:28:44of there TDI can't say enough good
1:28:46things about TDI Dean wrote it but in
1:28:49the context of way we use it is a little
1:28:51different than how he uses it and I'm
1:28:52going to show you we have trades called
1:28:54shark fins I think Dean calls them hooks
1:28:57we have a trade called Shark Fin long
1:28:59hold the Mayo it's not a sandwich shark
1:29:02fin short hold the mail I'll talk about
1:29:05it when these signals appear in
1:29:08conjunction with the market maker
1:29:10behaviors solid gold back up the truck
1:29:14Brinks the third most important element
1:29:16of the system is the market maker level
1:29:18count a lot of people struggle with this
1:29:20and listen I'm no exception man I'm not
1:29:23some harage scholar sorry massud if
1:29:25you're in here I'm not making fun of you
1:29:28it took me a while to figure out what
1:29:29the hell this guy was talking about with
1:29:31the
1:29:32levels I suspect it will take you some
1:29:35time
1:29:38also but understand this you can and
1:29:41will be
1:29:44profitable identifying the market maker
1:29:46patterns and the timings the levels will
1:29:49come okay they will come to you I
1:29:52promise
1:29:54ADR average daily range I seen ATR
1:29:57average true
1:29:59range we go back 15 periods intraday is
1:30:0415
1:30:05days gotcha
1:30:09M we take an average of those 15 days
1:30:12you know how an average works the last
1:30:13one drops off the next one is calculated
1:30:16it takes an average of its
1:30:18behavior and plots a couple of lines on
1:30:21the charts
1:30:25a Confluence of events remember what I
1:30:27said a Confluence of events multiple
1:30:29things
1:30:31happening think about all these things
1:30:33that are up here if tomorrow market
1:30:36makers come out of a 50 pit
1:30:40box right and they Spike the low they
1:30:45issue a
1:30:46hammer at M1 pivot you get a shark fin
1:30:50in TDI it happens to be level three
1:30:54just outside the blue
1:30:56box right to yesterday's blue Tracer at
1:31:00the low this would be a Confluence of
1:31:02things coming
1:31:04together understand that's what I'm
1:31:06talking about and these are the things
1:31:08over the next day and a half we're going
1:31:09to strip down and build back together so
1:31:12you can understand how to find these
1:31:14signals the proper
1:31:17signals all right just because market
1:31:19makers make a small consolidation
1:31:22Zone do not mistake that for an M
1:31:26forming Tony T that is not an M or a w
1:31:29forming you have to know where you are
1:31:32in the
1:31:32cycle and the proper timings and
1:31:37context yes Peter Exactly multiple
1:31:40things came together on Euro CHF last
1:31:45night and issued you a perfect entry
1:31:49signal Rob it's up to you if you see it
1:31:52right it is we'll talk about it it's got
1:31:55to work for your
1:31:58personality okay so what we're going to
1:31:59cover is the trend evaluation and count
1:32:02I'm going to show you the difference
1:32:03between the market maker Trend and the
1:32:05retail Traders
1:32:06Trend how to check down what to trade
1:32:10boxes blown out you pass certain
1:32:12behaviors this pairs at level
1:32:15two best time to enter the trade I kind
1:32:18of told you already but I'll cover it
1:32:19again a little more spread out you can't
1:32:21hang around wait for something every
1:32:22time at 3:45 you might miss the move and
1:32:25then the most important thing how to
1:32:27manage it while it's on that's what I'm
1:32:28going to cover over the next day and a
1:32:29half or
1:32:32so
1:32:35okay the trend is everybody
1:32:44good okay
1:32:51cool hey Sean I didn't see there there
1:32:53buddy thank you thank
1:32:55you Paul need some ribs from back eight
1:32:58barbecue over there in
1:33:02Texas okay good all right the
1:33:07trend how do we identify the
1:33:11trend we know there's two types of
1:33:14Trends there's the retail Trader Trend
1:33:15what he wants you to see there's the
1:33:17technical Trend what the rest of the
1:33:18world is looking at the market makers
1:33:21perpetuate the technical trend
1:33:24and make you see it they validate those
1:33:27signals on purpose it's a dirty business
1:33:30man but that's what they
1:33:34do the levels are visible on all time
1:33:37compressions but I feel that they are
1:33:40visible on the oneh hour chart highly
1:33:42visible some people like the 4 Hour Zim
1:33:47happens to like the 1 hour car likes the
1:33:501
1:33:51hour some people can't decide so they
1:33:53take the 15 minute and the 1 hour cut in
1:33:55half and use a 30 I don't
1:34:00care I want you to do what works for you
1:34:03the point is not to fill my ego the
1:34:06point is for you to see
1:34:08it so don't use what I use unless you
1:34:10really and genuinely see it I'm not
1:34:13going to be offended man I want you to
1:34:16get
1:34:19it okay keep this in mind
1:34:24hey John how you doing the trend is set
1:34:27by the market maker and can be reversed
1:34:29at any time for no
1:34:34reason the real reason for him to change
1:34:36the trend is because the dollars are
1:34:39getting out of whack and he needs to get
1:34:40him
1:34:43back understanding this that it goes
1:34:46both ways gives you a major
1:34:49Edge it allows you to stop thinking
1:34:52about the technicals and that oh and the
1:34:53downtrend I only take Rises and
1:34:57sell it allows you to say anytime it
1:34:59bottoms out I'm not going to wait and
1:35:01buy it allows you to take it down to the
1:35:03buy level and then back the other
1:35:06way don't get so caught up in your
1:35:08baggage or bias that you missed the good
1:35:10setups because you think it's supposed
1:35:12to go this
1:35:14way market maker hits the stops high
1:35:16you're a seller Market maker hits the
1:35:19stops low you're a
1:35:20buyer in line with Peak formation second
1:35:24day V good stuff got
1:35:28it
1:35:30okay if I'm going too fast please let me
1:35:34know this is important this is how to
1:35:36establish the trend not I like to think
1:35:38everything I say is important but this
1:35:39is pretty important
1:35:42okay the trend is generally set up as a
1:35:45three-day cycle day one there could be
1:35:49multiple
1:35:51Rises inside of day one but day one
1:35:54should be level one rise back in the
1:35:57consolidation after the Anchor Point is
1:36:01formed okay it's reversal day Peak
1:36:04formation is formed higher low second
1:36:07leg
1:36:08W second leg m is
1:36:11formed what's kind of cool about knowing
1:36:15what you know now is that day one comes
1:36:17as a market
1:36:20surprise what do you mean it catches all
1:36:23retail Trad off guard and then it's
1:36:25aggressive look what happened Sunday
1:36:27Monday three hits to the top the trend
1:36:29was up just kidding dropped the bottom
1:36:30out of
1:36:35it this catches everyone following
1:36:37traditional indicators and Trend
1:36:39following strategies offg guard retail
1:36:44Traders the news is used to perpetuate
1:36:48false
1:36:50Trends okay my D fell off thank you
1:36:53Gloria for my English
1:36:57lesson if you're at you see the Anchor
1:37:00Point W right and then it rises up and
1:37:02pulls back and the next night there's
1:37:05news they'll make a V bottom right
1:37:08around 3 3:30 and if the news comes out
1:37:10at 4 4:15 whatever it is they will spike
1:37:13in the in the correct
1:37:15direction to continue on with the market
1:37:18maker
1:37:19Trend so that's why I told you in the
1:37:21presentation the news is crap
1:37:25if they happen to have trapped lower
1:37:26level shorts when the news is released
1:37:28they will rise price it doesn't matter
1:37:31what the news says the news might say oh
1:37:33the pound's weak and then the pound will
1:37:35still
1:37:38rise that is simply because they have to
1:37:41complete their targets and their cycle
1:37:43IR irregardless of the news or
1:37:45regardless of the
1:37:46news
1:37:49okay yes the news is BS man I said it
1:37:52and it's true the new news is pure
1:37:56crap no I'm not saying not to pay
1:37:59attention to the news you need to be out
1:38:01or or flat on the red releases I'll talk
1:38:04about that but for argument sake right
1:38:06now don't say oh the news said that
1:38:10there's less jobs in the US so
1:38:11dollar-based pairs will overd drop
1:38:13that's not
1:38:17true what's going to happen is depending
1:38:21on where market makers are in the cycle
1:38:23they will behave based on that and
1:38:25nothing
1:38:26else okay if they're at Peak formation
1:38:30High they'll hit the stops High one more
1:38:31time when the news is released and then
1:38:34drop that's how they do it and that's
1:38:36why they do it no other reason except
1:38:38for the money that's why the news
1:38:40doesn't match up with the way the
1:38:42currencies move that's exactly why
1:38:44because it doesn't
1:38:49matter okay day
1:38:51two okay so you have day one Peak
1:38:54formation is formed comes as a market
1:38:56surprise reverses right day two the
1:39:00moving averages on the higher time
1:39:02frames will
1:39:06signal the
1:39:095200 on the one hour chart might cross
1:39:14over traditional indicators will cross
1:39:17over and fire a signal zero line macd
1:39:20will cross CCI might cross RSI I cross
1:39:23the
1:39:25midline retail Traders wait for
1:39:28confirmation and validation to enter the
1:39:30market right I I can't think of who it
1:39:33was but someone had a system where MCD
1:39:35crosses the zero line on the pullback it
1:39:36has to take out the next bar when it
1:39:38takes out the next bar you enter the
1:39:40trade or some crap like that that's
1:39:41called a validation of a signal retail
1:39:44Traders wait for
1:39:46this waiting for
1:39:49this forces them to lose money
1:39:54but here's what
1:39:56happens if the Traders aren't committing
1:39:58their funds market makers aren't making
1:40:00any money we all know they're in the
1:40:02business to make
1:40:04money so by executing a
1:40:08move in such a way on day two that
1:40:12forces the moving average crossover the
1:40:14indicators to cross the zero line or
1:40:16certain indicators AC cross the 50 line
1:40:18it fires a signal and to come back with
1:40:20a false move again towards the high or
1:40:22towards the low validates those
1:40:25signals understand it's on purpose
1:40:27that's why when you get a signal and and
1:40:29it validates and you take it it doesn't
1:40:30always work out you were in the wrong
1:40:33segment of the market when the signal
1:40:35got validated you were in stop hunt high
1:40:37and you took it as an extension
1:40:39continuation because you had macd
1:40:42confirmation it broke the previous swing
1:40:45High that's why that doesn't work
1:40:48that's where the pin comes in on the
1:40:50second leg and snatches you away and
1:40:52grabs your orders
1:40:57exactly market makers Force the hands of
1:41:00the retail traders to get them to commit
1:41:02their money because after all objective
1:41:05number one is to get you to click the
1:41:07mouse if that money sits there on the
1:41:09posit and doesn't get into open float
1:41:10it's of new use to
1:41:12them ah sneaky I brought that all the
1:41:14way back from day one slide
1:41:17one understand they know what they're
1:41:20doing man it's a big carnival
1:41:26they validate the technicals on the
1:41:28chart they show everybody the crossover
1:41:29they show everybody the zero line
1:41:31crosses they validate the swing high
1:41:33with a spike picks up the orders right
1:41:35gets the breakout traders to fall snags
1:41:39them Bingo got
1:41:43him
1:41:45okay day
1:41:47three remember three psychology Traders
1:41:50are now convinced that this is the real
1:41:52move
1:41:55market makers show a thing called Trend
1:42:00acceleration that's when you get
1:42:01separation from the moving averages the
1:42:03averages are fanned out you get Vector
1:42:05candles at level
1:42:08three the vector candles seem to be a
1:42:12monster amount of momentum entering into
1:42:15the market some people might even say
1:42:17one of my pet peeves risk appetites in
1:42:19there hate that
1:42:25okay you start getting Vector candles on
1:42:27the last day of the cycle and you also
1:42:31will see a 33
1:42:37trade yes Z it does work it does work or
1:42:40trades won't be around but those are 50
1:42:4260%
1:42:45systems I mentioned ear the news is used
1:42:48to further the
1:42:51cause just when everybody sees it going
1:42:54a certain way and they get excited and
1:42:55want to take the trade market makers hit
1:42:58the breaks and trap everyone except us
1:43:01the wrong
1:43:04way
1:43:07okay all right so now we have a
1:43:10three-day cycle day one Peak formation
1:43:13high is usually the end of a trend cycle
1:43:17catches everybody off
1:43:18guard market makers trap the higher
1:43:21level Longs lower level shorts and
1:43:22snatch the market Market away from
1:43:24them they come back form out the M or W
1:43:28which is our anchor point to go the
1:43:30opposite way that move
1:43:33validates all the retail stuff that's
1:43:35out there the news could help to trigger
1:43:37that could time it right at 4 o'clock or
1:43:40right at 8:30 us time to get the news
1:43:42released to coincide with
1:43:44it day two the new trend is
1:43:49underway market makers must Force the
1:43:51hand of the retail Traders to commit the
1:43:53funds the opposite way they were
1:43:55previously
1:43:59going how did they do this they
1:44:01perpetuate moving average crossover zero
1:44:03line crosses RSI 50 line crosses CCI
1:44:06line crosses whatever the indicator
1:44:07people are using they forc those to
1:44:09cross on the higher time frames most
1:44:12people trade multiple time
1:44:14frames so the extended Trend run forces
1:44:17all those charts to turn
1:44:21over the third day of the Cy
1:44:24Vector candles acceleration towards the
1:44:26high this also applies intraday by the
1:44:28way the vector candles acceleration pins
1:44:32turn to the top or bottom side pins turn
1:44:34to the opposite
1:44:36direction of where they're going to be
1:44:38going or the current direction if you
1:44:40start seeing pins issued to the top
1:44:42pretty sure you're in level
1:44:45three okay if you see pins issued
1:44:48pullback again pins issued pullback
1:44:50you're in level three of the cycle
1:44:55understand that market makers apply the
1:44:57breaks trap everyone except us the wrong
1:44:59way that's the three-day cycle now this
1:45:02cycle in three moves also plays out
1:45:04intraday remember I showed you Peak
1:45:06formation low stop hunt rise off of the
1:45:09low hit the stops hit the stops rise hit
1:45:12the stops hit the stops rise hit the
1:45:14stops High One Direction unidirectional
1:45:17stop
1:45:19hunt snatch the Traders pull away
1:45:23validate the pendings one more pass pick
1:45:24up the breakouts grab the guys that were
1:45:28in the right direction by stopping them
1:45:29out or scratching them out at plus one
1:45:31and then all their merry way the
1:45:33opposite
1:45:34direction okay I'm going to draw this
1:45:36stuff for
1:45:45you
1:45:47okay the reversal in the market is used
1:45:50for market makers to book a profit
1:45:55okay price is rising Rising Rising a
1:45:57couple of days everyone's long
1:45:58everyone's long everyone's
1:46:00long they're buying from the Traders so
1:46:04they are net
1:46:06short they got to get out of those
1:46:08positions or offload them to book a
1:46:11profit the spike that you see before the
1:46:16reversal hits the stops of the people
1:46:19that are right puts those contracts in
1:46:21their pocket and induces people to take
1:46:24more
1:46:26Longs those contracts will end up in
1:46:28their pocket as
1:46:29well think for a minute man do you
1:46:32really think the broker's matching you
1:46:33up with some dude in China and if you're
1:46:35in China do you think he's matching you
1:46:36up with some dude in Italy do you really
1:46:38think
1:46:41that or is he in fact taking the other
1:46:43side of your trade and hoping that you
1:46:45haven't had this
1:46:46class that seems more plausible to me
1:46:55okay I'm going to break
1:46:57here is anybody writing the slide down
1:47:00pre I'll leave that slide up I'll put
1:47:01the clock up I'm actually starving today
1:47:03for some reason I don't know what the
1:47:04hell happened because I ate but uh it's
1:47:078 o'clock let's take our 30 minute break
1:47:09I want you to think about what we've
1:47:10talked about so far the trend Cycle Stop
1:47:13hunts all the things and I'm going to
1:47:15start breaking things down for
1:47:19you
1:47:20okay all right I'll pull up my little
1:47:22let's do 30 minutes I don't think that's
1:47:24too long I think it's good we're going
1:47:25to go to about 11:00 tonight uh around
1:47:2810:15 depending on where I'm done Carr
1:47:31one of our top students and Traders is
1:47:33going to hop in here and show you how
1:47:35you're supposed to be marking the charts
1:47:37and actually teach you how to do it I
1:47:39got a lot of emails last night from
1:47:40people saying man I've never even tried
1:47:42to Mark a chart before I don't know what
1:47:43to do so I guess it would make sense
1:47:45that before I give you the homework that
1:47:46he would show you in fact how to do it
1:47:49the veterans that have been around you
1:47:51can knock off tonight around 10 1015
1:47:54okay the new guys I want you to submit
1:47:56your homework in this format and start
1:47:59to see what you're looking at on the
1:48:00charts properly so we all could be doing
1:48:01it the same way so when you post in the
1:48:04Forum your charts will match other
1:48:06Traders charts that we're all working on
1:48:08together okay all right let me get my
1:48:10little clock take a
1:48:14break couple questions let's see Dave
1:48:17asked me is it okay to trade in the
1:48:18change over shadow box absolutely Dave
1:48:21the change over shadow box is where you
1:48:22expect stop hunt to come in is it always
1:48:24going to line up right there absolutely
1:48:26not but if the pattern you trade the
1:48:29pattern the boxes are a guide if the
1:48:31boxes don't line up don't not take the
1:48:35pattern because you think it's supposed
1:48:37to be in the Box
1:48:41understand let me run this by real quick
1:48:44I usually say this every class and I
1:48:45failed to say it this time so let me say
1:48:47it now for the first couple of three
1:48:50days you're going to be confused you're
1:48:53going to be asking me about the
1:48:53indicators you're going be asking me
1:48:54about the boxes this
1:48:56stuff I promise you that by the end of
1:48:58the third
1:49:00day okay so tomorrow night third day of
1:49:03my teaching not third day of the
1:49:05Class by tomorrow
1:49:08night things should start to come
1:49:12together okay if they do not then you
1:49:15need to send me an email and tell me
1:49:17what's
1:49:19wrong okay anybody having technical
1:49:22problems
1:49:23uh I think Zen has a way for you to call
1:49:24in he can help you load Java I don't
1:49:27want you to miss out the recordings are
1:49:28going to
1:49:29be hung in hung in the form for two
1:49:32weeks so if you miss a night or you have
1:49:33issues just get in there and and write
1:49:36down the time you went down and then
1:49:37convert the the recording over at the
1:49:39time you need to pick up right like it's
1:49:418:30 now if you went down from 8 to 8:30
1:49:43during the lunch break then you're good
1:49:45if you went down from 7:30 today that's
1:49:47the section you need to watch okay just
1:49:49make a little note next to your computer
1:49:51and say man I didn't hear that part to
1:49:52hear it again that's the point of the
1:49:54recordings you could start and stop
1:49:56them okay nice to see you Allan back in
1:49:59here thanks for the no
1:50:01problems okay so we left off on the
1:50:05chart about hoping he didn't take your
1:50:08class okay so seriously if you're
1:50:10confused just just relax and listen and
1:50:12try to observe and pay attention I
1:50:14promise you I'm G to start hammering all
1:50:15these Concepts together what I'm doing
1:50:17is I'm throwing a bunch of con Concepts
1:50:19at at you and then I'm going to wrap
1:50:20them all up and bring them back together
1:50:22by the end of the sessions okay the idea
1:50:25is for you to realize that there's
1:50:26something else going on these guys suck
1:50:28and they're trying to take your
1:50:31money and understand that you can beat
1:50:33them when you trade in line with them
1:50:35that's what you need to understand right
1:50:37now I'm going to repeat the concept
1:50:40enough times that it should stick in
1:50:42with you should stick to your brain if
1:50:43it doesn't that's the point of the
1:50:45recordings okay I don't want to waste
1:50:47too much time on
1:50:48that continuation of the trend slides we
1:50:51were looking at not continuation of the
1:50:53trend continuation of the trend slides a
1:50:56trend reset will be used for market
1:50:59makers to book a profit but not reverse
1:51:02directions right what happens give out
1:51:04their money give out their money give
1:51:05out their money need some back all right
1:51:08but you know what the target is that
1:51:09Euro still must rise to a certain point
1:51:12so they reset the trend by forming
1:51:14another Anchor Point V or W and then
1:51:17they break the
1:51:18previous high and continue on up for
1:51:21another three days or
1:51:24so a reset will represent a new Peak
1:51:27formation high or
1:51:30low then you can expect three more days
1:51:32of rise or
1:51:36fall however very
1:51:38important if no Trader Falls for it the
1:51:42market M maker May reverse the direction
1:51:44after only one more level or two more
1:51:48levels that's why you have to understand
1:51:51his behavior
1:51:53in order to understand where you are in
1:51:54the
1:51:55cycle right things that I started
1:51:57talking about am I near the high of the
1:51:59cycle or the day Steve I don't know is
1:52:02he opening the spread are the pins
1:52:04switched to the top side of the of the
1:52:07candles have you seen vector and
1:52:10acceleration and
1:52:11speed around the price points you're at
1:52:14right now did it take three aggressive
1:52:16candles or one long candle to get
1:52:19there these are the things you have to
1:52:20ask yourself is this the end of the ride
1:52:24is it 3:30 or
1:52:279:30 is it 12:00 in the afternoon when
1:52:30they go into
1:52:31consolidation that's how you tell where
1:52:33you are in the cycle by the timings and
1:52:35the behaviors not by the technicals that
1:52:38regular Traders look
1:52:39at market makers validate that stuff to
1:52:42trick
1:52:44you like I tell people oh it take they
1:52:47go out for about three days or so and
1:52:49they got to get some of their money back
1:52:50they go Steve Euro's been going up since
1:52:51its Inception it was 99 cents to the
1:52:53dollar I remember
1:52:55that I remember people saying that the
1:52:57Euro will never pass the dollar that
1:52:59that's a natural stoploss barrier and
1:53:02guess what those idiots didn't use a
1:53:04stop and when it broke the dollar and
1:53:05never look back they're probably still
1:53:06holding open float from 01 or
1:53:12something
1:53:15understand you have to start thinking
1:53:17from the back side of your
1:53:20screen start thinking like one of these
1:53:22Guy start thinking okay what are the
1:53:23retail Traders looking at I see that
1:53:25consolidation accumulation phase right
1:53:27there I know if I was on the other side
1:53:29of that I'd be collecting up some
1:53:30contracts right now what's my next move
1:53:33I'm gonna hit the stops one more time
1:53:35snag everybody and go the other way
1:53:37that's how you have to start to think
1:53:39when your mind opens up to that and
1:53:41start thinking like them you will start
1:53:43to make money like they do it's that
1:53:47simple okay
1:53:52once the peak is identified the trend
1:53:55bias will be in line with the peak for
1:53:58three days
1:53:59minimum could it be two and a half days
1:54:02yeah if they come in at the London
1:54:03session for the peak formation they can
1:54:06go London Us London change and us
1:54:08because the three levels were
1:54:10accomplished but it was only two and a
1:54:11half
1:54:15days very important it is safe to trade
1:54:19V bottoms and
1:54:20vtps if you have clear clearly identifi
1:54:23the cycle Direction and the trap volume
1:54:27move if you see the W Anchor Point to
1:54:30the
1:54:31low and it goes up goes into
1:54:33consolidation the next day if they issue
1:54:35a v stop hunt like they did last night
1:54:36it was actually a w but it came right
1:54:39back out and repeated the level as a v
1:54:41right at the London open it's safe to
1:54:43trade that V because you knew it was
1:54:46part of a multi- session W right here
1:54:55H where did it
1:55:00go all right I don't know what happened
1:55:01to the folder it got buried in this uh
1:55:04this stuff I'll dig it up on the break
1:55:05and show you
1:55:07okay I'll draw it for you actually just
1:55:09right here on the chart let's do
1:55:11this okay yesterday we knew price was
1:55:14dropping it made the spike right then it
1:55:16went into consolidation overnight okay
1:55:19when London came around here's the
1:55:20London Asian right Mark Market maker
1:55:22Channel Tokyo
1:55:24Channel when they made this out of the
1:55:26box and came back this is technically a
1:55:29vbottom
1:55:30but it's part of a larger structure that
1:55:33forms this W so it's okay to take a
1:55:36vbottom
1:55:37when you in fact understand the
1:55:40directional bias by the market
1:55:42maker okay does that make sense that's
1:55:46what I'm talking about the big picture
1:55:47the big thing don't get caught up which
1:55:50most people do and and I understand that
1:55:53but what I want you to do is get out of
1:55:54that idea that concept what most people
1:55:57do I got to ditch the pen to get the
1:55:59slides back up
1:56:02okay is that you get jacked up in your
1:56:05little section of the chart
1:56:07right okay someone's saying the screen's
1:56:09black I see my
1:56:13screen yeah okay Floyd log in log out
1:56:18buddy okay so here
1:56:19look back to where I was right this is
1:56:22how it's usually going to play out the
1:56:23W's going to form and then goes into
1:56:26consolidation this is level one day one
1:56:28the next day he might do this that's
1:56:32okay to trade that he's not always gonna
1:56:35give you a perfect www every day if he
1:56:37gives it to you it's a
1:56:39bonus hey Dave I didn't see you man nice
1:56:41to see you in here buddy if he gives it
1:56:43to you it's a bonus it makes it
1:56:45easier
1:56:47okay that's what I'm talking about I'm
1:56:50talking about that once the Anchor Point
1:56:52is set then you in fact will understand
1:56:55the trend
1:56:57bias here we
1:57:00go Anchor Point day one confirm second
1:57:03leg reversal right the second
1:57:06leg or the multisession W spread out
1:57:10confirms that the trend reversal is
1:57:13on okay what do you mean
1:57:16Steve if he comes back for a second
1:57:18swipe at those people and it's spread
1:57:21out like over a day or two days let's
1:57:22say he he hits the low Sunday and then
1:57:25comes back in here on Monday if he
1:57:27spreads that out over two days he ain't
1:57:29doing that because it feels good he's
1:57:31doing that because there's a ton of cash
1:57:32down there and the way to get it is to
1:57:35go down there and pick up those orders
1:57:36and like scrape money off the
1:57:40sidewalk so what happens is you get day
1:57:43one level one rise right goes into
1:57:45consolidation you have your one two you
1:57:48might have your aggressive move away you
1:57:50might have a three-day rise within the
1:57:51day one
1:57:52all right hold on you're going to love
1:57:54this all right time to
1:57:57go at the end of the day he goes back
1:57:59into
1:58:04consolidation to end the day he starts
1:58:06the cycle over
1:58:08right he then will make a V bottom I was
1:58:12expecting
1:58:13this if he does this more power to you
1:58:17it's better but he may not always do
1:58:20that so it's safe to make the entry off
1:58:21the the railroad tracks because you're
1:58:23going to have your vector one two three
1:58:25right out of the box you might get a
1:58:26pivot Lane there yesterday's
1:58:28Tracer some things will be laying there
1:58:3080r
1:58:32low might be laying right there and give
1:58:34you an idea that hey the stop hunt
1:58:36should stall right here and the
1:58:38reversals
1:58:39there and then again you have your one
1:58:42two three you may only get two levels in
1:58:44in this
1:58:46example right if he comes out again and
1:58:49issues a v I expect this that's good now
1:58:52now the expected move is this and
1:58:54reverse back into the
1:58:57range what's the Range High minus the
1:59:00low divided by two it's going to be
1:59:02right about here if it's a 300 pip move
1:59:04you can expect about 150 pip
1:59:07retracement
1:59:09okay the V could hit the mayonnaise it
1:59:12could hit the
1:59:16watermark okay that's the cycle and it's
1:59:19the opposite cycle for the way down okay
1:59:21now keep this drawing in mind okay now
1:59:23let's look at a
1:59:25chart H it's kind of funny I drew it
1:59:28like that all right you have what we
1:59:30call a 33 trade on the last day okay and
1:59:33I'm going to show you that the 33 trade
1:59:36is a very aggressive day that
1:59:40guarantees a reversal of about 50 to 100
1:59:43Pips minimum here's why okay isn't this
1:59:46pattern not only the intraday pattern
1:59:49but it sets the beginning stage for the
1:59:51week
1:59:53right back into consolidation Vector one
1:59:57two three to the low Morning Star
2:00:00formation around the mayonnaise can be
2:00:01construed as a V bottom or or W
2:00:03depending on how you want to look at
2:00:04that right past the
2:00:06Mayo why would he come down past the
2:00:08Mayo and close aggressively past the
2:00:10Mayo and then snatch it right back in
2:00:11one
2:00:12bar because it works hey Wayne it works
2:00:17because when they close below that
2:00:19there's two candles below this right a
2:00:21retail would sell here and here some
2:00:25people say oh and a break plus a close
2:00:26below the mayonnaise I take it some
2:00:29people say when I get a full bar below
2:00:30the mayonnaise I take it isn't that
2:00:32funny how he did both he issued a break
2:00:35plus a close and a full bar below the
2:00:37mayonnaise then he immediately stalled
2:00:39the brakes for 15 minutes and then 15
2:00:42minutes later everybody is freaking
2:00:44stuck because one bar took it all back
2:00:46do you see that do you understand it
2:00:48snatched it away from the Traders
2:00:54okay our entry is in here after the
2:00:56Morning Star formation comes back to the
2:00:58mayonnaise or a bar later in here that's
2:01:00okay and this trade moves nicely in then
2:01:02it
2:01:03bounces and it does what it's supposed
2:01:05to do to finish out the day one two
2:01:09three to the high end the day and chop
2:01:12and then drift back into
2:01:14consolidation okay then what does he
2:01:18do he does exactly like he's supposed to
2:01:21because we knew knew it was coming
2:01:23Vector tiny one two three to the low
2:01:27three swipes to the low issues a hammer
2:01:30snatches it
2:01:33away comes right back with a second leg
2:01:37and then this is your 33 trade okay this
2:01:40is I'm gonna explain to you the 33
2:01:45trade the last day of the three-day
2:01:49cycle will issue three intraday levels
2:01:53of
2:01:54rise okay write it
2:01:57down or Mark the tape whatever works for
2:02:01you the last day of the three-day cycle
2:02:05will have three days of intraday rise
2:02:08three levels of intraday rise messed
2:02:10that tape up let me do it one more time
2:02:11the last day of the three-day cycle will
2:02:14have three levels of intraday
2:02:17rise okay with little stutter
2:02:19consolidations one aggressive off the
2:02:22low two three hit the stops notice the
2:02:25pins turned over see the pins on the top
2:02:27side it's day three it looks like stairs
2:02:31right Stairway to
2:02:35Heaven man it's like stairs I see it
2:02:37Steve do I know from the right part of
2:02:39the cycle what time of day is it how's
2:02:42his
2:02:43behaviors are you at level three rise on
2:02:46the last day this is called a 33 trade
2:02:49the reversal is imminent you can sell on
2:02:52the hammer back into the range first
2:02:54targets the water second targets the
2:02:56mayonnaise I promise you'll get
2:02:58it almost every
2:03:02time why think about all this money
2:03:05everywhere in here right market makers
2:03:07had to buy off of all the Traders they
2:03:09had a buy off all the traders buy off
2:03:11all the traders buy off all the traders
2:03:12buy off all the Traders right they're
2:03:15running out of cash they're running out
2:03:16of money right now it's getting a little
2:03:18low the last day the 33 free trade you
2:03:23ever heard of the term pump to
2:03:26dump they're pumping the price on day
2:03:30three of the cycle to create oh my gosh
2:03:32look at this down this uptrend I got to
2:03:34grab some of that that mentality that
2:03:38is everywhere in the retail Traders
2:03:40World man look at that Euro I'm I'm so
2:03:43sorry I missed that buying buying buying
2:03:46they pump the price to buy from the
2:03:49Traders become net short heavy at level
2:03:53three day three and then correct the
2:03:56price and come out net positive in their
2:03:59cycle market makers buy from the
2:04:03Traders or sell to the Traders on an
2:04:06aggregate with the last level of the
2:04:09cycle being the most aggressive and
2:04:11heavy buying or
2:04:14selling that behavior allows them to
2:04:17come out of their Longs or shorts in
2:04:20profit
2:04:23okay so
2:04:25now this is exactly what I just drew for
2:04:28you in my little
2:04:29sketch it's going to be there over and
2:04:32over again can they reset back to the
2:04:34mayonnaise and continue up yes because I
2:04:38don't know what the seasonal Target is
2:04:39for Euro and nobody else does except
2:04:41them I don't know what the quarterly
2:04:43high is going to be in
2:04:46GBP but I can tell you that at those
2:04:49price points when it approaches the
2:04:51yearly high or quarterly High a sucker
2:04:53takes a break of that
2:04:55long and I'm going to show you in a
2:04:57chart coming up exactly what I
2:05:00mean
2:05:02okay all right so we're still good we're
2:05:04understanding the trend right here we go
2:05:06next
2:05:08slide identifying where you are in the
2:05:10count will simply help you project the
2:05:12next
2:05:13move you got to identify the peak
2:05:16formation to know how the Cycle's
2:05:18anchored and where you are in it
2:05:23if a double Peak formation appears on a
2:05:26higher time
2:05:27frame all I could say is lights
2:05:31out you will make some money
2:05:35okay here's what I
2:05:37mean okay this is the
2:05:41pound that took three months to set
2:05:47up okay think about how crazy that is
2:05:49three weeks three months all the threes
2:05:51in there
2:05:53look at the daily
2:05:56chart where it formed a high let me pull
2:05:58my pen here's the daily chart where it
2:05:59hit the high for the first time that was
2:06:01the seasonal high from September October
2:06:04November right it hit the high it then
2:06:07had three levels of
2:06:11drop and then it went back three levels
2:06:14of rise and it came right back to the
2:06:16seasonal
2:06:17High I promise you there's breakout
2:06:19traders that put their orders all up in
2:06:21here they put big fat
2:06:24pendings they were aware of
2:06:27this and they went in there and they
2:06:29issued a big fat Spike to the high and
2:06:32picked up those
2:06:39orders okay they came near it
2:06:42again just so happened to be the Asian
2:06:44session where you're seeing this
2:06:46activity in here right here on the 15
2:06:48minute have a
2:06:49looker see it
2:06:53here's the 4 Hour November High holds
2:06:55market makers pinned
2:06:57it they made the second leg of the M
2:06:59there's the first pass on a 15minute
2:07:02second pass on a 15minute third pass on
2:07:04a 15minute US session these guys are so
2:07:07freaking greedy because the the bigger
2:07:09chart Traders make up small institutions
2:07:11and hedge funds they went back again
2:07:14because these guys were looking for the
2:07:16break these guys were looking for the
2:07:18break on The Daily above the high
2:07:22do you see how they went back four times
2:07:24three times in in once in London or
2:07:26twice in London once in the US and once
2:07:28in
2:07:30Asia think about how crazy that is if
2:07:33they pass up there three or four times I
2:07:35told you if they make that many passes
2:07:37at a price point lights
2:07:41out they made the the the swipes at the
2:07:44high all those times because there's a
2:07:46ton of money sitting there
2:07:51do you see the 1 hour is Crystal Clear
2:07:53yes look in here at the 1 hour there's
2:07:56the PIN to the high come near it again
2:07:58miss it come near it again miss it boom
2:08:00boom boom and there's actually a little
2:08:03tiny more pass right in there notice the
2:08:05outside structure the outside bar forms
2:08:07the high of the cycle but none of the
2:08:09bars
2:08:13penetrated that is a cell all day and
2:08:15twice on Sunday if the Market's open
2:08:21okay so
2:08:23understand Boom Boom Boom game over if
2:08:27you have an M
2:08:28formation on a larger time compression
2:08:31such as this one that took three months
2:08:33to form or two months to
2:08:36form the correction is imminent man they
2:08:39will correct the chart to get
2:08:44paid okay for three months can you
2:08:47imagine this man somebody took that
2:08:50break long at the Raad tracks in October
2:08:53November right November 4th that week
2:08:55they were all happy they probably
2:08:56thought they got a great breakout trade
2:08:58above the seasonal high they were
2:09:00probably ready gonna buy their wife a
2:09:01new Lexus for Christmas they were all
2:09:03excited Market maker snatched it away
2:09:06for three months right through Christmas
2:09:07and didn't come back until February man
2:09:10if they were running a hedge fund they
2:09:11had open float for three months had a
2:09:13pay swap every day do know how crappy
2:09:16that
2:09:17is I'm sure it ruined their Christmas
2:09:19I'm sure they lost their bonus
2:09:23somebody was trapped long there for them
2:09:25to come back to the level and pick up
2:09:26more orders three
2:09:29times yeah somebody said she got a
2:09:31Hyundai instead of Alexis coal in her
2:09:36stocking don't you see how dirty this is
2:09:38that's why the regular technicals don't
2:09:40work the breakout Traders break above
2:09:42the seasonal High break below the
2:09:43seasonal
2:09:45high if they break above the seasonal
2:09:48High you got to get to still get the
2:09:51right signals in the formation trading
2:09:53above and below the seasonal highs is a
2:09:54sucker game don't do it instead look for
2:09:58it to settle in and make the counter and
2:10:00take it back towards the seasonal
2:10:02number okay like we did in this
2:10:05example this was good for 150 Pips
2:10:08minimum at the seasonal High
2:10:14okay okay so the trend how do you figure
2:10:16out the trend it's the anticipated
2:10:18directional move needs to line up with
2:10:19the peak formations
2:10:24it begins after the stop
2:10:26hunt after you see the stop
2:10:30hunt aggressive move Vector candles to
2:10:32the high it sets in pulls back goes
2:10:34again that's the peak formation that's
2:10:36the highest point on the chart it could
2:10:38be the highest point on the chart for
2:10:39the week and you also have the peak
2:10:41formations intay which is the V tops and
2:10:43V and V
2:10:47bottoms the trend move in Forex
2:10:51last six to eight hours the directional
2:10:54move is slow and steady it's what all
2:10:56their money
2:10:58committed obviously if level one is
2:11:01identified the trade's going to offer
2:11:03more Pips and can be converted from a
2:11:05spot to a swing trade let's say you see
2:11:08a peak formation low and you get in
2:11:09something it looks good and you're
2:11:10jacked up and you're like man I kind of
2:11:12like this trade and you scroll back and
2:11:14look at the one hour chart you notice
2:11:16man it's been dropping for about three
2:11:17four days it it settled in it chopped
2:11:19around it made a second leg that looks
2:11:21like a big multisession
2:11:23W you're up 50 60 Pips lift your
2:11:26takeprofit adjust your stop to break
2:11:28even convert the spot trade to a
2:11:31swing not everybody is suited for that
2:11:34and that's okay if you're not take your
2:11:3750 and look for another setup tomorrow
2:11:38if you are and you want to start taking
2:11:40swing trades that's
2:11:43okay but understand the swing trade last
2:11:45two to three days
2:11:47max that's why a lot of times these guys
2:11:50take swing trades on Monday and they
2:11:52hold it and they're up two 300 Pips and
2:11:53they move to break even and never Trail
2:11:56and then by the time Friday rolls around
2:11:58they come right back to the same level
2:11:59and end the week for no net change and
2:12:01they had a 250 pip open float positive
2:12:04and they end up with a plus five or plus
2:12:0625 that my friends is a
2:12:10crime okay I'll talk about how to handle
2:12:13the stop losses in all
2:12:16conditions okay look well all the time
2:12:19frame o always line up
2:12:22no this is a retail Traders trap don't
2:12:25get caught by the market maker man you
2:12:27sitting here waiting for the one hour 4
2:12:28hour all that to line up that's a
2:12:30retail Traders
2:12:34trap
2:12:37okay all right I hate to keep asking
2:12:39this man but can everyone hear me is it
2:12:41just certain people are falling
2:12:45off okay sorry all right thanks
2:12:49man okay thank you thanks okay thanks
2:12:52guys all right look you got to have an
2:12:55open mind and trade in both directions
2:12:56and not be
2:12:59afraid if he shows you stop hunt high
2:13:01you're a seller if he shows you stop
2:13:03hunt low you're a
2:13:06buyer just be cognizant of where the
2:13:08peak formed how far away are you from
2:13:10the peak is there profit to get
2:13:14back to the peak if you trade against
2:13:17the anchor spot
2:13:22okay that's how you handle the trend
2:13:26now a market maker uptrend can be
2:13:29labeled as such W
2:13:33vvm the counter Trend back towards the
2:13:36peak is ill advised on
2:13:39V1 this is V1 right here first day of
2:13:42the
2:13:47reversal the straightaway trade occurs
2:13:49here most often
2:13:54okay I'll show you a picture don't
2:13:58worry okay if you're wri in the slide
2:14:00I'll give it a second this is important
2:14:02Slide by the
2:14:04way this is what I
2:14:08mean day one of the cycle a big fat W
2:14:11comes in at the
2:14:14Tracer I expect a
2:14:16rise the next
2:14:19day they issue two ends to the low in
2:14:21the shadow box my gosh it couldn't be
2:14:23any perfect here's the low they cut it
2:14:26in three swipes Vector to the low they
2:14:28end on pins right
2:14:35here they make their move up this could
2:14:38actually be construed as a Big W that's
2:14:40okay here going into the session but
2:14:42here's your here's your stop hunt
2:14:44low what do you
2:14:46expect day two all right one more day
2:14:49rise I expect them to
2:14:51stop hunt low right out of the box and
2:14:55Rise
2:14:56vwv VM the reversals imminent there's
2:15:00the railroad tracks to the top
2:15:02side there's level three chop level
2:15:05three chop level three Behavior I know
2:15:06it's
2:15:10coming okay do you
2:15:12see market makers took their money back
2:15:15against the trend very aggressively I
2:15:17might add too look at that look at these
2:15:18candles right here man over and you got
2:15:20your got out of that trade in
2:15:23minutes level three is the third day of
2:15:26the rise and the
2:15:33chop okay the market maker
2:15:38downtrend can be labeled as such ma AA
2:15:41only because I can't make an inverted V
2:15:43on typing I don't know how to do it if
2:15:44someone knows how to do it email
2:15:46me the counter trend is ill-advised at
2:15:49A1 the first a of the
2:15:52cycle why the straightaway trade appears
2:15:55most often out of this part of the cycle
2:15:57I don't want you to get
2:15:58jammed when you start knowing how to
2:16:01pick off the
2:16:02straightaways versus the counters that's
2:16:04okay you're going to get more proficient
2:16:05but for the new guys it's too easy man
2:16:08to start chasing crap and making up
2:16:09reversals and things that aren't there
2:16:11okay just trade the easy
2:16:16stuff Terry every chart's 15 minutes man
2:16:19always unless I say otherwise
2:16:22all right
2:16:26look M Anchor Point
2:16:30formation V they come right out of the
2:16:32consolidation aggressive
2:16:35move expecting this we expect one more
2:16:38pins to the mayonnaise as an easy
2:16:43pickoff then they turn the cycle around
2:16:45and make their money against the trend
2:16:47they come all the way back to level two
2:16:53how'd you do that
2:16:56Nelson email me all right somebody knows
2:16:59how to do
2:17:02it that's the
2:17:07cycle
2:17:10okay Ma a
2:17:12aw W vvm that's it just remember that a
2:17:15three-day cycle one two three I'm out of
2:17:20C I got a
2:17:23reverse it is beautiful to
2:17:26behold I joke around like I have these
2:17:29pictures put in a nice frame with a
2:17:31mding around that's on my wall got a
2:17:33little light that's my Mona Lisa
2:17:36man why would you ask if the class is
2:17:38recorded or live you know I'm
2:17:47here seems like I went down did I go
2:17:50down
2:17:53you guys still
2:17:56there yeah okay I don't know what
2:17:58happened almost like someone took
2:17:59control of my screen probably got a
2:18:01market maker in
2:18:04here
2:18:07okay very weird all right here we
2:18:10go I said this well all time frames line
2:18:13up no don't get caught by the market
2:18:15maker
2:18:22all right look midweek reversal this is
2:18:24a 4H hour chart same thing
2:18:28applies same
2:18:33thing one more swipe at the stops end
2:18:35the week trap the traders long to go
2:18:38into Friday come back complete the cycle
2:18:41back to the
2:18:42mayonnaise
2:18:44okay the same thing over and over and
2:18:47over again I promise you when you start
2:18:49identifying this stuff and go back in
2:18:50the chart you're going to laugh at
2:18:53yourself it's been there the whole
2:18:58time
2:19:01okay think how many times you fell for
2:19:06that okay let's talk about
2:19:10candlesticks candlesticks at the right
2:19:14context or right time of the market are
2:19:16invaluable for identifying what's
2:19:19happened understand that the Candlestick
2:19:21is the footprint of the market maker
2:19:23Behavior it's your job to identify the
2:19:26market condition candles in the wrong
2:19:28Market condition to me and to this group
2:19:30are
2:19:32meaningless certain candlesticks can be
2:19:34expected at the high and low of the day
2:19:37and they are as
2:19:39follows Spike candles hammers inverted
2:19:42hammers spinning tops doy types railroad
2:19:45tracks High test low test Candles now
2:19:48I'm not talking about gasoline and the
2:19:49cheap gasoline
2:19:54okay I'll I'm going to illustrate every
2:19:56one for you I haven't let you I haven't
2:19:57left you hanging yet have
2:20:02I okay here we
2:20:04go the vector candles this is a a term
2:20:10that Engineers like to use Zim coined it
2:20:13and donated it to the group some people
2:20:16like it some people hate it but
2:20:19nevertheless it just me a candle of
2:20:21magnitude length and Direction out of
2:20:22nowhere it's like when you sit back and
2:20:24look at the chart and you go that don't
2:20:26look right just came out of nowhere big
2:20:27spike out of nowhere three candles out
2:20:29of the box that doesn't look right man
2:20:32something's wrong we know the chart
2:20:34should be a slow steady rise or a slow
2:20:35steady fall but if we get three burst
2:20:38candles or a burst in price something's
2:20:42wrong the burst in
2:20:44[Music]
2:20:45price can come in one push all inside of
2:20:49one candle it can come in three candles
2:20:51can come in two candles come in 22
2:20:52candles I'm going to draw it for
2:20:55you
2:20:57okay the retail
2:21:00Traders have been taught that this is
2:21:02called momentum candles and they
2:21:05couldn't be more
2:21:07wrong this is the candle that you say oh
2:21:09momentum in the marketplace and get you
2:21:11to chase the break or the wrong
2:21:18direction it's simply an anomaly on the
2:21:20start that would look like a
2:21:22breakout it's like oh man that's
2:21:24breaking out of nowhere it's moving
2:21:26that's a vector
2:21:28candle and it appears for no reason
2:21:31other than to get things moving tonight
2:21:32Market maker comes on duty and he's like
2:21:35all right how we gon to start this off
2:21:36tonight let's hit the stops low and Rise
2:21:39Vector three times to the low bam
2:21:43gotcha the vector candles usually form
2:21:46the lower high of the
2:21:48day on the first leg of reversal now if
2:21:51it's a b v bottom obviously it's going
2:21:53to be just the the first part of the
2:21:56V but on a w it's going to be the first
2:21:58leg of the W to form that it's going to
2:22:01be the first leg of the
2:22:04M here's what Vector looks like okay
2:22:07what you do is I told you always REM
2:22:10measure the initial low of the day
2:22:13because that's what these guys are
2:22:14counting this is your
2:22:16break this is your first candle to
2:22:18pierce the low the initial low of the
2:22:21day
2:22:23right doesn't say I love you it's the
2:22:26initial low of the
2:22:27day the first candle that pierces the
2:22:30initial low of the
2:22:34day is to get things rolling to start
2:22:37the stops to get trigger the stops to
2:22:38get the traders to take right then what
2:22:40do they do he spikes it he hangs around
2:22:43for 30 minutes or so he pushes it and
2:22:45breaks the low again hangs around for an
2:22:48extra 15 and then Taps it out to finish
2:22:51by breaking the low again I'm going to
2:22:53illustrate this for you in a minute nice
2:22:54and
2:22:59clean I'm G to talk about the blue box
2:23:02yes just absorb the concepts right now
2:23:04my
2:23:07friend all right the one two three to
2:23:10the low is the vector pushes an
2:23:12extension of the low or the high right
2:23:15let's look at it from the high
2:23:17side here it is again an extension
2:23:22of the high Steve I only see two Candles
2:23:23there I understand one two pushes can be
2:23:27contained inside of here and the third
2:23:29push can be contained inside of
2:23:33here but I promise you measure
2:23:36this this is anyone want to take a stab
2:23:40at
2:23:40it 25 to 50 Pips above the initial high
2:23:43of the
2:23:46day depending on the pair that it came
2:23:49from
2:23:52okay
2:23:54now that would be an mtop absolutely
2:23:56correct look Spike to the high pull back
2:23:59hit it again just take it out barely
2:24:02close below and then shift it away to
2:24:05trap everyone up in here long and then
2:24:07game over sorry about your
2:24:10luck okay
2:24:14mtop notice how you have a big outside
2:24:17bar that eats the whole structure up and
2:24:19These Bars trade inside and then shift
2:24:21away very important to
2:24:24note V1 on the chart is not the same as
2:24:27Vector one absolutely not Vector is only
2:24:29to understand the
2:24:32speed and the movement of the stop hunt
2:24:34candles Vector let me see if I can clear
2:24:37this up Vector identify stop hunt
2:24:39candles V1 is a stop hunt low
2:24:43rise V2 is stop hunt low
2:24:48rise right a one is stop hunt High drop
2:24:52A2 is stop hunt High drop all right see
2:24:54if I got that
2:24:59right I know you guys are telling me
2:25:01it's going on in other pairs right now
2:25:02but I don't want to talk about it I want
2:25:05to I want to focus on the
2:25:07material okay look this is very
2:25:08important candles represent candles bars
2:25:12whatever where price has
2:25:16been when the candle paints and closes
2:25:19the damage is done
2:25:21market makers got what they needed so
2:25:23when they issue a pen right think about
2:25:25this for a minute okay I've been talking
2:25:27about this everyone keeps asking me what
2:25:28is a pen when you see the pen when the
2:25:30pin is issued the money is grabbed all
2:25:34in here because after all this was a
2:25:36solid candle that started out like this
2:25:38right and then what did they do they
2:25:40closed it like
2:25:41this and the pins
2:25:45issued when the pin is issued they've
2:25:48got the money
2:25:52so you have to ask yourself okay the
2:25:54pin's been issued towards the
2:25:56high they came out of the box 50 pip
2:25:58Channel they cut it in three
2:26:00swipes they ran that candle straight up
2:26:02and pulled it all the way back and
2:26:03snapped it back and closed way below the
2:26:07high the damage is done they grabbed the
2:26:09money they needed that's what you have
2:26:11to
2:26:14understand okay now let's go over the
2:26:17high low board and understand how they
2:26:20extend the high or low I made an example
2:26:22of how they extend the high
2:26:24okay here's what happens okay we know
2:26:27that they will extend the high in 25 to
2:26:3050 pip
2:26:31increments the activity takes 30 to 90
2:26:34minutes when the high is
2:26:38reached okay so here's what happens the
2:26:40initial high is
2:26:426160 sometime between 1 and 4:
2:26:48a.m. New York time
2:26:52Eastern the times vary because they
2:26:54don't want you to figure it
2:26:57out the initial
2:27:01high was 6160 Craig's group should
2:27:03easily pick this stuff
2:27:06up 6160 is breached immediately with an
2:27:09aggressive
2:27:11move and there's a little bit of a
2:27:16pullback in here
2:27:20okay one
2:27:22two
2:27:24three the initial high is
2:27:28extended from 6160 to
2:27:346184 24
2:27:38points
2:27:40okay they
2:27:42quickly pick up the
2:27:45contracts and get out of that
2:27:47area price would drop down to like 60
2:27:50170 105 Pips off the
2:27:56high so if you're watching the board
2:27:58you'll see the number change from 6160
2:28:00and in the blink of an eye it'll
2:28:02swipe 20 25
2:28:07Pips depends on the pair in the GBP
2:28:10pairs the first swipe out of the box is
2:28:12about 25 Pips they make the one swipe
2:28:15out of the box about 25 Pips if they
2:28:19know they're going for 50 pip stop hunt
2:28:21think about it if it's in three swipes
2:28:23we got to break the 50 Pips
2:28:25down divided by three into three swipes
2:28:29right the swipes are not equal the
2:28:31swipes are a
2:28:33trick part of the psychology of
2:28:36three so how do they do
2:28:40that they'll make the first break 10 or
2:28:4315 Pips on this example I'm sorry I I
2:28:45did 24 Pips 10 or 15 Pips
2:28:48right it'll hit it quickly bam 10 or 15
2:28:51Pips right out of the box gets the ball
2:28:53rolling gets everybody
2:28:55excited they'll pull back and they'll
2:28:57hit it again if they did 15 they're
2:29:01going to do about eight on the next
2:29:06hit then on the very last piece up in
2:29:12here they will tap it three to five
2:29:16Pips the three to five Pips plus the
2:29:19spread is just enough to annoy the
2:29:21out of you and take your money away on
2:29:23the stops and it's just enough to pick
2:29:25up the pendings if they're structured on
2:29:27the other
2:29:29side
2:29:34okay now they quickly pull
2:29:38away 10 to 15 Pips off of that number
2:29:43the new high of the
2:29:45day right you have your initial high of
2:29:47the day
2:29:496184 becomes the high of the day
2:29:51now they pull back immediately 15 Pips
2:29:56To Trap the long holders and to evaluate
2:29:58and see what they
2:30:01got they turn around and make the second
2:30:04pass from 6170 right
2:30:10back to maybe 78 with the spread it's 81
2:30:14not quite to
2:30:1684 why if they go to 84 5 it releases
2:30:20the
2:30:23Traders so they'll hold right around
2:30:2678 right up in
2:30:28here the traders that are long here are
2:30:31still stuck and they're doing the oh I
2:30:34got it baby it's going it's going it's
2:30:35going and hold
2:30:36on it comes in as a near Miss of the
2:30:40high now variation on that could be the
2:30:44pin goes above 84 and comes right back
2:30:46down and closes here as a hammer on the
2:30:48second leg
2:30:51but they'll hold a number at
2:30:5578 by 81 78 by 80 78 by 81 82 you'll see
2:31:01it if they're working the
2:31:06spread the spread
2:31:08widens and it becomes 78 by 86 78 by 87
2:31:13but the 78 doesn't move that's a
2:31:17hold the cell side is over open trying
2:31:20to pick up the orders that action traps
2:31:25the retail Traders gets them to fall for
2:31:27the crap and validate their patterns
2:31:29that they seen in the
2:31:32textbook okay so
2:31:34now sometime between 1 and 4:00 a.
2:31:38they're going to break out of the box
2:31:40let's say our bias is short let's say we
2:31:42have Peak formation here and they come
2:31:44in consolidate they had three levels of
2:31:46drop one two three we expect the same
2:31:49Behavior tomorrow they come out they
2:31:52issue Vector candles understand this
2:31:55swipe can be one big fat railroad track
2:31:58and then fall
2:31:59back like this and two moves there's
2:32:01your entry or there's your entry it can
2:32:03just be two big fat candles straight up
2:32:06one straight up one straight down it's
2:32:09variations on the theme that you have to
2:32:11understand the job is to get the traders
2:32:13to fall for it that's why it's mixed all
2:32:15the time it's disguise as different
2:32:18things
2:32:20so now if you're watching the big board
2:32:22the high goes from 6160 all of a sudden
2:32:25you'll see it blink bam they hit it it
2:32:27goes to like
2:32:306172 bam they hit it again
2:32:336180 and then they tap it 4 five Pips
2:32:36for the last time 6184 the highest
2:32:38formed they quickly get off of there and
2:32:42drop down to
2:32:456170 traders that don't know anybody go
2:32:48long here on the pullback
2:32:54they go back towards the high but fail
2:32:56to break the high of 6184 they perhaps
2:32:59open the spread and go 78 by 85 78 by 86
2:33:03but the high
2:33:08holds identify by the way the candle
2:33:11closes it ends in a hammer or ends in a
2:33:14spike or a
2:33:16pin they
2:33:18then shift The Zone away from the higher
2:33:21level Traders our entry is
2:33:31here around 6178 6175 with the spread
2:33:35you grab yourself a nice
2:33:39position 6174 would give you a 10 pip
2:33:44range to the top of the the formation
2:33:47add a few Pips for good measure for the
2:33:48stop I'll talk about that
2:33:55that there's your entry stop losses
2:33:57right here outside the range we'll talk
2:33:59about this still stop loss just
2:34:02understand that's that's where it
2:34:05goes
2:34:06okay when the high of the day holds
2:34:09after the the things that you need to
2:34:10see are
2:34:12there okay let's see let's back up now
2:34:15okay 5:00 P PM do I got to do this 5:00
2:34:17P PM high low reset boom boom boom trade
2:34:20in the range widen the
2:34:22spread between 1 and 400 a.m. you have
2:34:25your vector times
2:34:28three one push two push three pushes to
2:34:32form the high of the day same for the
2:34:34low of the
2:34:35day it can be one candle straight up in
2:34:3815 minutes an aggressive move towards
2:34:41the
2:34:42stops it could be in three candles it
2:34:44could be in seven
2:34:48candles when they do it in in multiple
2:34:50candles this is how they do
2:34:55it they'll go
2:34:58up break the high trade sideways within
2:35:05it hang out there hit it
2:35:09again and then maybe tap it again and
2:35:12then reverse same thing the only
2:35:15difference is they added 45 minutes in
2:35:17the middle to piss you off confuse you
2:35:19because they were accumulating contracts
2:35:21to seeing what
2:35:27happened
2:35:29okay they could they could do the second
2:35:32candle not take out the high let's say
2:35:33this candle was like this and then trade
2:35:36inside here and then hit it one more
2:35:38time the last tap is always mild the
2:35:42last tap is always mild before they make
2:35:44the reversal
2:35:46why just enough to not spend any more
2:35:48money than they have to but the pick up
2:35:49the stops and grab the orders on the
2:35:51other side understand there's some type
2:35:53of money sitting right here right so
2:35:55when they come back in they just go up
2:35:57there like this and grab it and turn it
2:35:59right back around and they say sorry
2:36:01about your day they really don't even
2:36:03not that polite they don't even say
2:36:06that but that's how they grab the
2:36:11orders now you get the rever our
2:36:14entrance is here they shift The Zone in
2:36:16one bar 15 minute nice 15 minute drop
2:36:19all these traders in this structure are
2:36:21jammed now for the
2:36:22cycle when they shift this Zone in a big
2:36:2625 pip move that causes the Panic the
2:36:29lift the stops the quick turn on the
2:36:31news where's CNBC let me kick my dog I
2:36:33can't believe I'm down again that causes
2:36:35all those emotions and
2:36:37behaviors and it makes you start to
2:36:39think
2:36:43irrationally okay that's where and how
2:36:46they handle that to make retail Traders
2:36:48do that stuff
2:36:50to make the bad decisions to lift their
2:36:52stop-loss to do stupid things with their
2:36:55equity and the bottom line is they end
2:36:57up pocketing it that's their
2:36:59job if you understand this is coming
2:37:02then your job is to wait for this
2:37:04structure to develop and trade it if you
2:37:07understand the second pass is coming
2:37:09then your job is to have the
2:37:10perseverance and the patience to wait
2:37:11for the second pass and trade the second
2:37:15pass I can tell you that if you become
2:37:17proficient identifying the M's and WS
2:37:19and wait for the second pass you will be
2:37:2210 out of 10 for the
2:37:24week the discipline lies in waiting for
2:37:27that and I can't teach you that I can
2:37:30teach you what to look for and how to
2:37:31see it I can't teach you to sit on your
2:37:34hands until it develops I can't teach
2:37:37you to be
2:37:40patient until that triggers that's on
2:37:44you I can show you exactly what these
2:37:47guys do like a road map to success
2:37:50it's up to you if you get on the path
2:37:51and follow it I want that for all of you
2:37:55once you understand and start seeing
2:37:56this stuff you can literally Telegraph
2:37:58what these guys are going to do and
2:38:00project the market and you look like a
2:38:02crystal ball
2:38:06Guru
2:38:10okay all right good
2:38:13stuff when a spy candle at the
2:38:15appropriate time is extending the high
2:38:17or low for the session
2:38:21what I just Illustrated for you when it
2:38:24is pulled back the higher low is now
2:38:27formed so when a spike candle at 1
2:38:30between 1 and 4 a.m or let's say 3:00
2:38:33spikes the high or low let's say the
2:38:35high and pulls
2:38:37back you now have you went from the
2:38:40initial High to where this this candle
2:38:43came to rest or the peak of the candle
2:38:44came to rest the high point of the
2:38:47candle right Spike candle boom like this
2:38:51spikes straight out maybe has a wick on
2:38:53the top you now have formed your high of
2:38:55the
2:38:56day right
2:39:02here when it's pulled back off of here
2:39:06pulls down you now have your high this
2:39:08pullback is this forming up remember I
2:39:12learned to trade by the numbers I didn't
2:39:13learned to trade on the chart you guys
2:39:14have a major Edge the guy made me look
2:39:16at the board and told me okay like the
2:39:18numbers I Illustrated for you that's how
2:39:19I learned and I got to tell you it's
2:39:21frustrating as hell this is
2:39:25easier when they hit the number like I
2:39:27showed you the
2:39:326184 right when they pull back to
2:39:366170 that's forming the twoo on a one
2:39:40two three setup right then when they
2:39:43Spike back up and fail to take this out
2:39:45on another candle that's how the setup
2:39:48is laid out that's how it's starting to
2:39:50play
2:39:53out it's simply this when you have a
2:39:55number locked let's say 6184 is the the
2:39:57high for today when they come near 6184
2:40:00and fail to break it that's your high
2:40:02retest candle or your high retest point
2:40:06that allows them to absorb those orders
2:40:07that are needed for them to pocket some
2:40:09cash so when they come near that when
2:40:11they come to
2:40:136178 6 61 uh 70 uh 81 but they don't
2:40:18take it out out the near Miss ensures
2:40:22that you're at the right point of the
2:40:23chart for the short the near Miss is
2:40:26part of the signal system for you to
2:40:29understand the Signal's coming the near
2:40:30Miss is that is part of
2:40:33that now if they take 6184 and breach it
2:40:36to
2:40:376187 now you have to understand where do
2:40:40they close that's the next question all
2:40:43right if they come in here this is where
2:40:45people say oh what about this breaking
2:40:46this here they come up here to 61 I'm
2:40:50going to just use lines
2:40:536184 and then they pull back and they
2:40:55start on the second pass and the second
2:40:58pass goes above and hits
2:41:0161
2:41:0388 that's a mild four pip extension of
2:41:06the high add the spread it's about a
2:41:09eight or nine pip extension of the high
2:41:11now the next question after ask yourself
2:41:14did they close back below after they
2:41:17Tapped Out the stops
2:41:19if the answer is they close below after
2:41:21tapping out the stops the high at 6184
2:41:25is still valid to trade is
2:41:28good because the 618 uh 6188
2:41:32tap was to pick up the orders that they
2:41:35couldn't get that was sitting up there
2:41:36it might be like 6190 because it's a
2:41:38round number people trade
2:41:40that you might see it go from 84 to 90
2:41:43when they open the spread they grabbed
2:41:44the orders at 91 90 9188 like
2:41:47that under understanding that is added
2:41:51confirmation to your trade when they
2:41:53make the near Miss that's the high
2:41:55retest candle low retest candle it also
2:41:58forms the second leg of the
2:42:00formation this structure is a 30 to 990
2:42:04minute
2:42:09ordeal how do I mean 30 to 90 minutes
2:42:13the clock starts 30 to 90 minutes when
2:42:15the first high is formed on the vector
2:42:17candle to the high
2:42:30okay
2:42:32now when they spike it to the outside
2:42:35pull
2:42:37back and they tap above and stay up
2:42:42there if they close above the 6188 the
2:42:45candle turns green and closes above
2:42:48that's not the high anymore is it 6184
2:42:50is not the high 6188 is the
2:42:53high you need to
2:42:57wait and see what
2:43:02happens understand wait and hang around
2:43:05and see if the next candle issues a
2:43:07railroad track and comes back below the
2:43:09previous
2:43:176184 okay you guys with me
2:43:20okay the board's scrolling a little fast
2:43:22for me just want to make sure you're
2:43:31okay okay good understanding how they
2:43:34handle the high and low is the whole
2:43:36business remember I told you the high
2:43:37and low is the whole business
2:43:39understanding how they handle
2:43:45it is going to help you get in the right
2:43:47direction
2:43:53okay the 30 to 90 minute time frame very
2:43:55important
2:43:57here the 30 to 90 minutes starts when
2:44:00the high 6184 is set when 6184 is the
2:44:04high of the day the clock starts here
2:44:06this time Horizon is 30 to 90 minutes
2:44:10why because they got to go down back up
2:44:13near miss and turn over this structure
2:44:16takes 30 to 90 minutes but up to two
2:44:19hours can be seen for this to
2:44:23develop okay now from the second
2:44:28leg time
2:44:31Horizon from the second leg time Horizon
2:44:34is two hours from entry two hours right
2:44:39here okay if you are not in substantial
2:44:44profit and it's chopping around and not
2:44:47moving stop yourself out and get out of
2:44:48there
2:44:51excuse me hope I didn't call from your
2:44:53ears too bad you know what I need to sip
2:44:55a die Coke
2:45:01hold okay back all right so
2:45:06listen you enter the trade right here on
2:45:08the pullback off of 84 around 78 75 with
2:45:11the spread right you're in you start the
2:45:13clock you have a two-hour time Horizon
2:45:17where if they pull away and go into
2:45:19consolidation like this and they don't
2:45:20move the
2:45:22trade something's wrong Ed you asked me
2:45:25I don't know the answer
2:45:26man something's wrong right you start
2:45:29the clock on your entry second leg
2:45:31something's
2:45:38wrong the contracts aren't straddled in
2:45:41the way that they
2:45:45needed so you got to scratch yourself
2:45:47out and I enough room to move your stop
2:45:50to break even you should be up 25 30
2:45:52Pips 35 Pips and if it's chopping around
2:45:55if you're not if the trade doesn't go in
2:45:57your favor right away something's wrong
2:45:59right you'll get used to it and you'll
2:46:01see but I promise you you'll get your
2:46:03plus 50 so quick you'll think
2:46:04something's wrong with the platform if
2:46:07you're the kind of guy that's been
2:46:08nursing trades and taking multiple
2:46:09orders and hanging around and then you
2:46:13you lift your stop and you sit there for
2:46:14three days you're G to freak out when
2:46:16you hit your takeprofit in 45 minutes
2:46:18you're gonna be like
2:46:19man that was really easy what the hell
2:46:20just happened nice to see you AR I
2:46:23didn't see you
2:46:26earlier understand what I'm
2:46:28saying you're going to get a shift of
2:46:30the Zone which remember when you've been
2:46:32in a trade before and they shift against
2:46:33you and you're down and you're sitting
2:46:36there when they shift The Zone you're
2:46:39going to be in profit and that's what
2:46:42the Traders don't understand when I
2:46:43explain to you you're going to be in
2:46:44profit so fast like last night after
2:46:47they railroad track to the low they Shi
2:46:48Ed right away away from that area why
2:46:51they had so much money trap low they got
2:46:53to get the hell out of there they issued
2:46:55three vectors back into the range you
2:46:57were out in in 15 to 30
2:47:06minutes understand it's fast when you
2:47:08grab the trade it's so quick you're G to
2:47:11think something's wrong with your
2:47:12computer or something I'm like holy crap
2:47:14did I just book 50 Pips in 15 minutes
2:47:16then what what's going to happen
2:47:19is you're going to feel like it was too
2:47:20easy and then you're going to hang
2:47:21around and make stupid trades and give
2:47:23it all back that's what's going to
2:47:24happen I promise you guys don't do that
2:47:27I'm telling you if you book a profit on
2:47:29an easy setup in two candles you see the
2:47:32railroad tracks to the low and you take
2:47:33it and then two candles 30 minutes
2:47:35you're out plus 50 don't hang around and
2:47:37keep guessing and chasing it that's
2:47:39what's going to
2:47:41happen all right look I just realized I
2:47:43went a little over we need a a seven
2:47:44minute bathroom break we got about
2:47:46another 45 minutes then car will be in
2:47:4830 45 minutes depending on how I go okay
2:47:51let's do a a seven minute and I'll keep
2:47:53talking about these vectors and this
2:47:54setup this stuff's important man this is
2:47:56listen identifying the pattern
2:47:59identifying how they handle
2:48:02it and identifying where you're supposed
2:48:04to take the ENT what it's supposed to
2:48:05look like is the whole business once you
2:48:08master this stuff you own these guys man
2:48:12so let's do a seven we'll be right
2:48:16back all right so we're trying to
2:48:18understand
2:48:19and how the high or low is formed right
2:48:22so they hit the number they pull back 15
2:48:24to 20 Pips off of that number go near
2:48:26the
2:48:27level and fail to break it that's your
2:48:30setup okay same thing for the downside
2:48:33they'll Spike to the low pullback 15 to
2:48:3520 Pips that forms the hump in the
2:48:38middle of the W or the M right the
2:48:40pullback the pullback right here on the
2:48:43board forms that
2:48:45hump which if you understand how the one
2:48:47two three trade set up that's what
2:48:49they're doing that's how they're working
2:48:50it
2:48:52okay important stuff to understand the
2:48:56retest candle is when they come near
2:49:00it to pick up those orders okay we call
2:49:02that a high test High retest or low
2:49:05retest I have some pictures for it let's
2:49:10see all right we covered
2:49:15that okay now with that in mind
2:49:21the following Candlestick
2:49:24patterns need to occur add or near the
2:49:27high and low of the day what happened
2:49:29the clock's still in the
2:49:35way okay yeah I think you asked me about
2:49:37the clock all right here let's go here
2:49:40if the structure takes 30 to 90 minutes
2:49:42to build but up to two hours if you're
2:49:44on the first leg and the trade doesn't
2:49:46move into profit in two hours you
2:49:48scratch yourself out if the second leg
2:49:52presents 30 to 90 minutes in you already
2:49:55started the clock restart the clock on
2:49:58the second leg and the time window is
2:50:01two
2:50:05hours okay if that trade does not shift
2:50:08away from your entry and go into profit
2:50:11if it's teetering back around between
2:50:14plus one minus5 plus seven and doesn't
2:50:16move nicely
2:50:20scratch yourself out all right one more
2:50:23time last time Whitney pay
2:50:26attention Roberto
2:50:29okay if the first leg how about this how
2:50:31about a pitcher's worth 25 cents I'll
2:50:33draw it for
2:50:35you they Spike up and pull back you took
2:50:37the entry right here no
2:50:40problem okay you start your clock 30 to
2:50:4490 minutes you expect them to come in
2:50:46and do something else forget about the
2:50:4830 it's 90 minutes unless it's railroad
2:50:52tracks they pull back they hang around
2:50:56this goes on for an hour and a half
2:50:59which is equivalent to 90
2:51:01minutes the trade just sits there and
2:51:03doesn't go in the
2:51:06profit scratch yourself out of the trade
2:51:10and take what is given at that moment in
2:51:13time there is no chart Floyd I'm drawing
2:51:16it remember
2:51:20they test you with time and
2:51:23patience which retail Traders have
2:51:26neither they're trying to juggle trading
2:51:28between a job and they don't have any
2:51:29patience they want it to go into profit
2:51:31right
2:51:34away thanks Abe okay so
2:51:38now if an hour and a half elapses and
2:51:42doesn't do anything two hours maximum
2:51:46you're going to know when you start
2:51:47trading these I promise
2:51:50the example I give you is the last two
2:51:51nights they shifted they got the hell
2:51:53out of there so fast the trades were up
2:51:56big in the blink of an eye that's how
2:51:58your trades are supposed to go you're
2:52:00not supposed to nurse a trade for three
2:52:01or four days that's not the business
2:52:04you're supposed to be up in profit in in
2:52:06a bar or
2:52:09two when you grab the right price points
2:52:12you'll be in profit quick
2:52:14man you're not going to sit there going
2:52:17oh man it's consolidating dating I don't
2:52:18know if I'm in the right spot you're
2:52:20going to learn you're going to see what
2:52:21I'm talking about I promise I promise I
2:52:23promise it's there all right so look
2:52:26hour and a half two
2:52:28hours yes if you're losing you scratch
2:52:30yourself out because I don't want you to
2:52:32throw any more Pips
2:52:35away than
2:52:39necessary okay
2:52:41now if your clock's about to expire and
2:52:44they make a break back towards the high
2:52:46but fail to break the high and form out
2:52:48the second leg of the
2:52:50M the clock starts over from here you
2:52:54give it a 2hour Time
2:52:56Horizon I promise you if you got second
2:52:59leg you'll be in profit in 30 minutes
2:53:02isn't that like Pizza Hut 30 minutes or
2:53:03it's
2:53:09free right Dave just wrote shift candles
2:53:1220 Pips on average green the trade goes
2:53:14green they shifted away 20 to 30 Pips
2:53:17off of the higher low
2:53:19quickly into your
2:53:23favor glor you know the answer to
2:53:27that if the second leg breaks the first
2:53:30leg pay attention you've heard this four
2:53:32times you know the answer to this if the
2:53:34second leg breaks the first leg now it
2:53:37comes down to
2:53:39this first of all you have your stop
2:53:41loss in place if your stop has not been
2:53:43triggered do not let the market prove
2:53:46you wrong you are smarter than a fix
2:53:48position on a
2:53:51chart the answer is this how do market
2:53:55makers handle the high and low is the
2:53:57whole
2:53:58business if they close above and stay
2:54:03above you're probably going to get
2:54:05stopped out so take it at 10 Pips
2:54:08instead of 20
2:54:10Pips if they open on the next candle and
2:54:13railroad track back inside the range
2:54:15below the previous high you're trade is
2:54:18still
2:54:21valid I don't know if I can make that
2:54:23any more clearer good
2:54:26Gloria it's how they handle the high and
2:54:29low if they cut the high in an
2:54:31aggressive
2:54:33move or cut the low in an aggressive
2:54:36move with a big fat candle you're going
2:54:38to get stopped out why would you sit
2:54:41there and wait to get stopped out why
2:54:44not take a minor loss and recover
2:54:49on the next strike
2:54:54zone glor if they close above three Pips
2:54:57you got to wait and see what the next
2:54:58move is three Pips is not going to be
2:55:01much obviously three Pips plus the
2:55:03spread you're down five if you're down
2:55:07five you got to wait and see if they
2:55:09railroad track back inside the range
2:55:10below the previous number or back inside
2:55:13the range above the previous number if
2:55:14you're trading off the W
2:55:16side it's half how they handle the high
2:55:19and low to pick up the orders that
2:55:21determines if the trade is still
2:55:26validated okay good
2:55:33stuff okay the certain formations that
2:55:36appear at the right time and distance
2:55:38from the blue box the vectors gives you
2:55:41the highest probability setups let's
2:55:43look at what these candles should look
2:55:45like
2:55:53okay this is
2:55:55exactly the way I've Illustrated it for
2:55:58you here's what happens where's my
2:56:00little ball Point
2:56:02okay they Vector to the low they issue a
2:56:05hammer outside pin
2:56:09structure on the
2:56:11mayonnaise they consolidate for 1 2 3 4
2:56:17how long is that
2:56:19one hour they consolidate off the low
2:56:22for one hour they then Spike back
2:56:25towards the low but fail to take out the
2:56:32lood and then they immediately get out
2:56:34of that
2:56:37area they
2:56:39consolidate your entry is here on the
2:56:42confirmed railroad track the trade goes
2:56:45into profit plus or minus a few Pips
2:56:48right off the bat and then in 45 minutes
2:56:51you either hit your profit or you're
2:56:52well on your
2:56:54way stop loss goes right here below the
2:56:57low I'll talk about where the stop-loss
2:56:58placement is tomorrow
2:57:00probably okay this candle that comes
2:57:03back it's like almost testing the low
2:57:07right you know we talk about support and
2:57:09resistance in the business and I can
2:57:11tell
2:57:13you the strongest support point is the
2:57:16low of the day
2:57:18the dealer hits the number and says
2:57:22noas I you like that for your Spanish
2:57:24guys out
2:57:25there the dealer says no more that's the
2:57:28price I can't go another pip
2:57:31lower because I might let some money
2:57:35out that is why you have a variation of
2:57:38highs and lows from dealer to
2:57:42dealer because that dealer that didn't
2:57:45go another pit below but another dealer
2:57:47went two or three more Pips
2:57:51below his stop orders or or certain
2:57:54amount of orders maybe he was going to
2:57:55pick up more more Longs he didn't want
2:57:58to activate those because he knew he was
2:57:59going up so he stops right there he's
2:58:03got everything he needs today no
2:58:06more he comes back and he comes near it
2:58:09again so isn't it safe to say that this
2:58:11is the strongest support there is and
2:58:13the high of the day is the strongest
2:58:15resistance there is because the dealer
2:58:17doesn't want
2:58:21anymore
2:58:24right there's your entry bam beautiful
2:58:27setup
2:58:29okay the high test
2:58:33candle you have your vectors here look
2:58:36extend the box out he moved a little
2:58:38later there's your three pushes at the
2:58:40high he cuts the high in three
2:58:44moves there's the price point that's
2:58:47resistance for today right I'm start
2:58:48doing that the dealer
2:58:51hits 6192 and he says
2:58:54noas he pulls back quickly for 30
2:58:58minutes he works it right hangs around
2:59:01validates the orders he pushes back up
2:59:04understand this was green like this at
2:59:05one time right he then comes right back
2:59:09below and closes
2:59:10down the high is still
2:59:14intact he then shifts The Zone away from
2:59:17this structure
2:59:18and traps everybody that got jammed up
2:59:20in here
2:59:22consolidates accumulates more contracts
2:59:25on this
2:59:26anticipation he has built enough of a
2:59:29float in here to be profitable for the
2:59:31day and then in one candle he's sorry
2:59:33about your luck but I need to make some
2:59:35money
2:59:35here he shifts The Zone away from higher
2:59:38level L holders and makes them
2:59:45cry you will almost be out
2:59:50by the time it hits here you should have
2:59:52your plus
2:59:5350 how do you know Steve how could you
2:59:55measure because this range is 60 Pips
2:59:57and if he's above that and comes below
2:59:59it that's way more than 50 Pips you're
3:00:01out spread in
3:00:05all
3:00:07okay I hope you see the Beauty and the
3:00:09Simplicity of all this it's crazy it is
3:00:11it's it's like
3:00:13artwork understanding how the dealer
3:00:15traps the Traders
3:00:18is essentially how he handles the high
3:00:20and low because that's where the traps
3:00:22are is the whole
3:00:25business okay let me go back and clean
3:00:27it off and comes back because you're
3:00:29asking where the entry is on this the
3:00:31entry is anywhere in
3:00:33here you have Vector to the high there's
3:00:36other reasons here maybe the tracer's
3:00:38not on here this is your M formation my
3:00:41friend here or here on the inverted
3:00:44Hammer closed below TDI should have
3:00:47ready be gone because the closes are
3:00:49averaging lower you might have a shark
3:00:53fin Michael I'm sorry to hear that but
3:00:55welcome to the family brother I've been
3:00:57trading 10 years and never saw this
3:00:59Michael
3:01:00said now that you know it you can unknow
3:01:04it or unsee
3:01:06it I wish you well my friend all right
3:01:09here it is again a blowup of
3:01:12it this is a this is a hammer quasi
3:01:14Hammer Hammer right we're talking about
3:01:16the Candlestick patterns
3:01:19a hammer is better when there's less of
3:01:21a wick on
3:01:23top but understand that after you have
3:01:26three vectors to the high and you got a
3:01:27group of hammers notice the pins are to
3:01:29the top side remember I told you the
3:01:32area he's trying to
3:01:34work is where he throws the
3:01:37pins so if you identify that he's
3:01:39throwing the pins to the top side after
3:01:41he cut the high man he you got it he's
3:01:45got everybody else and you got what he's
3:01:47doing
3:01:50yes Susan if it happens earlier than
3:01:52between one and four it's still
3:01:54okay but understand that if you see the
3:01:56first hit in the Asian session chances
3:01:59are at 3:30 in the morning he's going to
3:02:01come back in the second session and hit
3:02:04it again that gives you a very solid
3:02:06confirmed double top high or double
3:02:09bottom low Mr or W that's a better trade
3:02:11than trying to grab it in the Asian
3:02:13session because it doesn't move much
3:02:14during that time historically now I know
3:02:17there was a nuclear meltdown a lot of
3:02:18stuff going on tsunami almost broke the
3:02:20nuclear shell reactor I understand all
3:02:22that and you get these anomalies in the
3:02:24chart where they move but as a whole the
3:02:28pairs move mostly
3:02:30during London and the US session I've
3:02:33met a lot of people that wake up 4:00 am
3:02:36and trade 4:00 am. to
3:02:39noon if they miss the move they miss the
3:02:44move thank you John I'm glad it's making
3:02:46sense to you man when this dealer
3:02:48switches the pins to the top side he's
3:02:51going to open the spread up in here too
3:02:53that's your clue
3:02:57also all right good
3:03:01stuff pins to the bottom side if he's
3:03:04working the low if he's working the low
3:03:06the pin are going to come in at the
3:03:07bottom the pin are going to come in at
3:03:08the bottom out of nowhere right typical
3:03:11shoulder head shoulder level three
3:03:14Behavior he dropped down he spikes the
3:03:16low in an aggressive
3:03:18move what happens with those big spike
3:03:21candles maybe they break them up on the
3:03:23FIV minute chart into three pieces if
3:03:25you're trading that garbage stop here
3:03:27let me clean up my drawing back to here
3:03:29he'll break this into three pieces on a
3:03:31five minute chart right five 10 15
3:03:35minutes you're concerned about this
3:03:37stuff right in here how he
3:03:40ends okay now look the initial low was
3:03:43set right this was the low of the day on
3:03:47the spike down after he came out of the
3:03:49Asian range he spiked it crazy and
3:03:52pulled
3:03:54back okay he comes back Gloria pay
3:03:57attention he comes back and runs a pin
3:03:59all the way down
3:04:02there and then closes all the way up
3:04:08here he's not satisfied with the work
3:04:11that he's done he needs more money he
3:04:13does it again he goes all the way down
3:04:15and comes all the way back up above the
3:04:18previous low understand not allowing
3:04:21traders to book a profit the spread gets
3:04:23opened up in
3:04:28here now he comes back for the second
3:04:31pass and it's lights out when he shifts
3:04:34the zone right here in three bars 45
3:04:37minutes and takes back all of this money
3:04:40in 45 minutes this went on for hours you
3:04:44understand that when he shifts The Zone
3:04:46in three bars he just beat the crap out
3:04:49of everybody's been trading for the last
3:04:5115
3:04:58hours yes it's a variation on a triple
3:05:00bottom or triple top yes the center
3:05:04happens to be the head is longer than
3:05:05the two shoulder
3:05:07pins but yes that's what it
3:05:12is notice in here you got Vector to the
3:05:14low three 1 2 3
3:05:18this stuff makes Traders go oh look at
3:05:19that it's going down it's going down
3:05:23sell I had a friend I think he's in here
3:05:26from California Dave I won't say his
3:05:28last name I want you to bother him used
3:05:30to fall for this crap all the time he
3:05:32was excited excitable guy I love him I
3:05:35can tell you he doesn't fall for it
3:05:36anymore and he consistently
3:05:38books an exorbitant amount of Pips
3:05:42almost as much as a
3:05:43subbio Dave if you're in here buddy I
3:05:45didn't see you thought I saw you earlier
3:05:48yesterday I don't know happy to have
3:05:50you he used to scream on the spikes and
3:05:53get excited that we're missing Australia
3:05:55and it's going hurry up it's going
3:05:57straight up we're missing it that
3:06:00behavior is exactly what they're trying
3:06:01to create in your head by showing you
3:06:03that aggressive
3:06:06move all right same thing railroad track
3:06:09spike to the outside right they come in
3:06:12one two three to the low they hit it
3:06:16they get the hell out of there as quick
3:06:17as they can by one shift
3:06:20away this structure forms out right the
3:06:25W don't you see it now it's okay to take
3:06:29the trade in
3:06:33here when they come back and fail to
3:06:35take it out they're trapping trapping
3:06:37trapping trapping snatch it away sorry
3:06:39about your luck
3:06:43today evening star formation this is one
3:06:45of my favorite candles and I'll tell you
3:06:47why
3:06:50they go oh it's indecision look right
3:06:52here
3:06:53look you know what that is that's an
3:06:56extra 15 minutes to take your money away
3:06:59by the market
3:07:01maker sorry but that's what it is that's
3:07:03the
3:07:05truth when he hangs around right near
3:07:07the high think about the railroad
3:07:10tracks 15 minutes up 15 minutes
3:07:15down right that's a 30 minute
3:07:18anomaly he goes n we're High let's hang
3:07:21around for a few minutes so he adds 15
3:07:24minutes to the structure right here up
3:07:26and back down he adds 15 minutes to the
3:07:28structure in the middle and he induces
3:07:31traders to take the
3:07:33Longs there's no indecision by the
3:07:36market maker he knows exactly where he's
3:07:39going they call that indecision oh the
3:07:41Bulls and the Bears are fighting it out
3:07:43no they're not they're
3:07:45losing the market maker winning
3:07:47by hanging around for 15 more minutes
3:07:49and taking your
3:07:51money same thing for the Morning Star
3:07:53same stuff that's an extra 15 minutes in
3:07:56there of the structure for him to take
3:07:57the money that's all that is nothing
3:08:00else don't forget it railroad
3:08:04tracks you guys keep asking me how big
3:08:06do they have to be Australian they're
3:08:08going to be 10 15
3:08:10Pips GJ they might be 50 Pips a piece 50
3:08:14Pips straight down and 50 Pips back up
3:08:17you'll know the structure when you see
3:08:18it you got to get some time in front of
3:08:20the screen and recognize it when the
3:08:22railroad tracks come in at the high of
3:08:23the day or the low of the day that's
3:08:26what you're concerned
3:08:27about they come out and break the
3:08:30pattern go look at last night's Euro CHF
3:08:32gbpchf that's what they did the rail
3:08:34tracks came right out of the box and set
3:08:36the low of the day they repeated the
3:08:39level from yesterday that's what we're
3:08:41talking about here doesn't matter the
3:08:43length it's the behavior don't get
3:08:45caught up in oh how big the rail tracks
3:08:47have to be I don't understand I mean
3:08:48don't trade two dogey crosses and say
3:08:50Steve they look like railroad tracks
3:08:52that's not what I'm telling you I'm
3:08:54telling you is they're going to make
3:08:55Vector to the bottom and they're going
3:08:56to come right back out different lengths
3:08:58it's the
3:08:59behavior watch the development of those
3:09:02and you will understand
3:09:05okay the wick sizes are irrelevant
3:09:08because the wick sets the high of the
3:09:10day and pulls away from
3:09:12it it's the behavior the behavior the
3:09:14behavior with the pattern that's what I
3:09:17mean all
3:09:18right what do I mean when I say railroad
3:09:20tracks it's thought that this looks like
3:09:22a set of railroad ties I guess and then
3:09:24they lay rail rails on this right isn't
3:09:27that that's where rail tracks comes from
3:09:28I didn't make it up it's not my it's not
3:09:31my term be fine here couldn't you
3:09:34picture like all these coming down then
3:09:35you would lay your rails right here and
3:09:36you drive your little pins right there
3:09:38your little plates if you were a
3:09:39railroad worker not that I ever
3:09:42was see what I'm saying that's where
3:09:45railroad tracks comes in they look like
3:09:47railroad tracks or these could be the
3:09:50rails you just now got that L after all
3:09:53this time together that's where it came
3:09:56from all right man have some
3:10:01imagination okay
3:10:03look the DOI forming the high of the day
3:10:06or the low of the day is held for an
3:10:08additional 15 minutes it allows the
3:10:10dealer to flash across or grab a few
3:10:12more contracts that's what's actually
3:10:14going on
3:10:18the evening or Morning Star holds the
3:10:20level and opens the spread which induces
3:10:22traders to take the
3:10:26continuation hammers inverted hammers
3:10:29used to activate the pending and Trigger
3:10:31the
3:10:33stops okay I'm giving you the the real
3:10:36definitions of these candles by the way
3:10:37if you don't want to know I'll go
3:10:39slow Spike top Spike bottoms it's to
3:10:43trap and create draw down immediate draw
3:10:46down
3:10:50the railroad tracks get in grab your
3:10:53money create immediate draw down and
3:10:55panic and get the hell out of there
3:10:56that's what they're for stop thinking
3:10:58like a retail Trader think like a market
3:11:00maker why would I add an extra 15
3:11:02minutes at the top of the formation if
3:11:04it's a dogee I want to pick up some cash
3:11:07I that's what I'm in the business to
3:11:11do why would I throw a hammer inverted
3:11:14or regular why would I spike a hammer to
3:11:15the top I want to pick up those pending
3:11:18orders on the other side I want to
3:11:19trigger the stops of the people that got
3:11:21it right I don't want them to make
3:11:23money same thing for a spike top or
3:11:25Spike bottom I got to trap the trader
3:11:28short snatch the market away and put
3:11:30them in the draw down and scare the crap
3:11:31out of them make them start doing stupid
3:11:33stuff so I can end up with their account
3:11:35after all that's my job I get bonused on
3:11:39that
3:11:42understand good stuff good stuff all
3:11:44right is anyone still writing this I'm
3:11:46gonna move on
3:11:52car you're up in about 10 minutes if you
3:11:53can hear me
3:11:55buddy maybe a little
3:11:58less okay got it thank you Susan
3:12:00somebody got it Allan thank you
3:12:02Sam what is
3:12:06DD it's not what you think it is it
3:12:08means draw down shame on you John I read
3:12:11your
3:12:13mind all right
3:12:18market makers induce traders to take the
3:12:20wrong directional move by sharp
3:12:22aggressive price changes at or near the
3:12:24high and low of the day I drew it for
3:12:26you
3:12:27right the
3:12:29patterns will almost always reveal a
3:12:32reversal unless they time out if the
3:12:35pattern times out over two hours you
3:12:39scratch why would the pattern that
3:12:41behavior fail I don't know somebody
3:12:43loves me thank you my wife's not going
3:12:45to be happy because the Trap volume does
3:12:48not exceed the total value they were
3:12:51seeking so you're you can expect an
3:12:53extended stop on oh it's Karina
3:12:57hey you can expect an extended stop hunt
3:13:00how far 25 to 50 Pips To The Next
3:13:05Level
3:13:09okay Peter it's an art form you got to
3:13:12look at
3:13:14it so if the pattern fails
3:13:18it times
3:13:21out two hours and it doesn't show a
3:13:24profit I could tell you that if you were
3:13:25trying to grab the reversal on Monday's
3:13:28tank when it dropped it stalled at the
3:13:30US session and when the consolidation
3:13:32coming into the session change
3:13:34over if you tried to trade that back
3:13:36which you're not supposed to by the
3:13:38way count the bars from where the entry
3:13:41appeared and you should have timed
3:13:45out Nick I'm going to give you every
3:13:47single pair and every every value hang
3:13:49in
3:13:51there I didn't know it was you
3:13:54Karina thank you Bruno I'd like to think
3:13:56it's good
3:13:58stuff it's making a lot of people
3:14:01wealthy when the Trap volume is not met
3:14:05the market maker has two moves
3:14:08left think about this you're in the
3:14:12trade it's not going your way two hours
3:14:15is about to go off on the alarm
3:14:20what does he have left hit the stops and
3:14:23Rise hit the stops and fall right that's
3:14:26one move if you're in a
3:14:28short hit the stops and rise to the next
3:14:30higher level and then
3:14:33drop or remember that Australian chart a
3:14:36few charts back that he extended the
3:14:38high for a longer period of time and hit
3:14:40it again he can hold the level and work
3:14:44the crosses and come back to Australian
3:14:46later he doesn't give a that you're
3:14:48in that
3:14:49trade he moves it when he feels like
3:14:52moving it when the money's built up for
3:14:53him not CU you got to go to bed or it's
3:14:55time for you to get your clothes on and
3:14:57go to work he don't care about
3:15:02that he cares about
3:15:05money so if he holds the level for an
3:15:07extended amount of time it doesn't mean
3:15:09the trade's necessarily
3:15:12bad but I want you to take it
3:15:15off why give him the opportunity the
3:15:17criteria has broken
3:15:23down if you get stopped out you wait two
3:15:26hours three candles Vector 45
3:15:30minutes first leg
3:15:32pullback 30 minutes second leg comes in
3:15:3615 to 30
3:15:38minutes two hours look for the entry
3:15:41Next Level settles
3:15:43in if you get stopped out come back and
3:15:46evaluate the chart in about 90 minutes
3:15:48and then look for your entry about two
3:15:49hours
3:15:50in the time element he's testing your
3:15:54patience with time something that no
3:15:56Trader has because you got to go to work
3:15:58your kids are
3:15:59screaming you're tired you got to get up
3:16:01early tomorrow you got to take a nap
3:16:03whatever the time element is something
3:16:06that very few PE people realize and is
3:16:08overlooked all the time he does it to
3:16:11bust your chops
3:16:14man okay
3:16:17the moves are carried out over a time
3:16:19interval and induce traders to take
3:16:20positions even when they're not ready
3:16:22because you feel like you got to get
3:16:23something
3:16:28going forces you to make up stuff okay
3:16:31if you're caught by the market maker buy
3:16:33this move wait for the next rise or fall
3:16:35minimum of two hours now here's a very
3:16:38important note if you took the move in
3:16:40London and he snagged you and it's
3:16:42coming up on the US session the red box
3:16:44is starting to show up
3:16:47wait for the change
3:16:49over okay if he snagged you and it's the
3:16:52end of the
3:16:54day get your money back in London don't
3:16:57jump on something to try to get back at
3:16:59him you're not going to win and beat him
3:17:02by trying to get back at him you're not
3:17:05here to get even you're here to get
3:17:10paid
3:17:13okay you're in a trade you get stopped
3:17:15out next level strike 25 to 50 Pips
3:17:18higher the pattern appears minimum 2
3:17:19hours if you're close to the session
3:17:21changeover hold and wait wait for the
3:17:24session change
3:17:26over when the session change over
3:17:28appears look for a fresh set of signals
3:17:31W formation reversal M formation
3:17:33reversal back into the range Breakaway
3:17:36trade or straightaway trade continuation
3:17:37if you're at level two take it you'll
3:17:40make your money back if you control your
3:17:42loss you'll end the day net positive if
3:17:44you don't let the loss turn into a big
3:17:46ridiculous move
3:17:48move you'll end that pot am I talking
3:17:50too fast someone says po a Diet Coke I
3:17:54don't know I'm jacked up man having a
3:17:55good time hope you guys are enjoying
3:17:58this
3:18:00okay it's a good point to see car are
3:18:04you on tonight are you here anybody let
3:18:06that guy
3:18:08in do I have to give control over to him
3:18:11how does that work his mic is still
3:18:13muted somebody unmute car please
3:18:19organizer yeah I'm here all right
3:18:21beautiful all right listen I'm here
3:18:23Steve okay hang in there a minute some
3:18:24of you guys know Carr some of you don't
3:18:26he's a fantastic
3:18:27Trader he does the free sessions on
3:18:30Sunday night going through the levels we
3:18:32call accounting with car that's as funny
3:18:34as I could get Counting Cars I don't
3:18:35know counting with car all right what
3:18:38he's gonna do now is a lot of guys know
3:18:40don't know how to mark up the charts
3:18:42he's going to spend the next 45 minutes
3:18:43takes you to about 11 o'clock of marking
3:18:46up the charts Hearts if you are a
3:18:49veteran and have been here you can go to
3:18:51bed now I'm not going to say anything
3:18:53else you're not going to miss anything
3:18:54else if you've heard car and you're part
3:18:56of the sessions Wayne how you doing okay
3:19:00listen I'm gonna shut my mouth he's
3:19:01gonna go till about 11: I'll give you
3:19:03the
3:19:04homework when he's done we I want you to
3:19:07do tonight remember one thing do not
3:19:10submit homework to me after 400 P p.m.
3:19:12eastern time tomorrow I won't have it
3:19:13done in time it's not fair for me to get
3:19:16up try to eat something and get great
3:19:18homework right before I'll be up all
3:19:20night looking at it and all morning I'll
3:19:21go to bed I'll get up do some more but
3:19:23don't send it to me at five minutes to
3:19:25six and go why don't you do my homework
3:19:26Steve that's wrong on so many levels all
3:19:30right I'm having a great time I love you
3:19:32guys I'll see you tomorrow night I'll be
3:19:33back in here at 11 to go over the
3:19:35assignment cards all yours buddy all
3:19:38right thank you
3:19:40Steve all right guys welcome I'm sure
3:19:43you guys enjoyed the class with Steve I
3:19:45did it's it's always amazing every time
3:19:48I come every time I attend the class I
3:19:51learn different things and um you know
3:19:54uh I try to not try to I always attend
3:19:58every single class Steve does because
3:19:59you'll never know what he comes up with
3:20:02in terms of
3:20:04insightfulness so um I'm sure you guys
3:20:07are seeing my screen right now all right
3:20:09so very quickly what I'm going to do is
3:20:12show you guys how to do the homework
3:20:15okay so normally I start off with the
3:20:17oneh hour chart okay so um you know what
3:20:20before I do that for the new people let
3:20:22me introduce myself very quickly I met
3:20:24Steve at the
3:20:26old uh the old venue and Steve was
3:20:29actually a teacher and it I you know I
3:20:32personally believe in destiny so what
3:20:33actually happened was I was supposed to
3:20:35be in Barcelona um sorry Budapest for
3:20:38vacation and it just so happened that
3:20:41the ticket between the day I bought it
3:20:43to the previous day was significant so I
3:20:46said you know what I'm not going to go
3:20:48and I called up the company and I said
3:20:51hey I need to take a class I
3:20:53got three days I want to take a class
3:20:56they're like all right cool you've
3:20:57already paid for the class you can
3:20:58attend this class they said yeah this
3:21:00guy is teaching his name is Steve I'm
3:21:02like is that guy any good I've never
3:21:03heard of this guy I mean he's not like a
3:21:05you know somebody that I know from CNBC
3:21:07or something so they're like no he's
3:21:09pretty good he talks a little too fast
3:21:10he's jacked up and died go but he's
3:21:12pretty good so I think all right cool
3:21:13I'm going to go attend his class so um
3:21:16so walking to the class and uh there was
3:21:18about 20 odd people 20 something people
3:21:21there and I sit and the guy goes uh
3:21:25Steve starts his starts his speech and
3:21:28he goes okay man do you guys want to
3:21:29make
3:21:30money or do you guys want me to teach
3:21:33from the book and I'm like come on of
3:21:35course he wants you to show us how to
3:21:37make money I can read the book myself
3:21:39right
3:21:42so so um
3:21:47okay I'm speaking into my headphone
3:21:48actually um so I said all right do you
3:21:52know
3:21:53what show us how you how you make money
3:21:55so he thought he said all right good I'm
3:21:57going to show you guys how to make money
3:21:58so he takes the book and he throws it
3:22:00into the garbage and I'm like oh
3:22:02throwing a book into the garbage man
3:22:03that's interesting he said yep you don't
3:22:05need this stuff this is all garbage I'm
3:22:07G to teach you the real stuff so we were
3:22:10like all right that sounds like that
3:22:11sounds cool and then he says all right
3:22:13I'm going to give you guys a test I want
3:22:14to see what you guys know and I'm
3:22:17sitting there I'm like how are you
3:22:18giving us the test he hasn't even taught
3:22:20us anything he saidwell I want to see
3:22:22how much you guys know how much garbage
3:22:24you have in your head and then I'll help
3:22:26you unravel some of the garbage so and
3:22:28sure enough he did he showed us some of
3:22:32the stuff and after the class was over I
3:22:35just sat there and I was like oh my God
3:22:37I'm gonna kill it because the way he was
3:22:41teaching us was totally different from
3:22:44everything else I've ever learned and
3:22:46not that I've learned from a lot of
3:22:47teachers but just you know you read a
3:22:49lot of books you try to get an education
3:22:51through through the internet because you
3:22:52don't feel like paying for it you know
3:22:54all that all that stuff so anyway to
3:22:57make a long story
3:22:59short you know the lesson
3:23:02learned were tremendous and as Steve
3:23:06went out on his own and he started
3:23:08teaching us he started improving in
3:23:11terms of delivery and in terms of
3:23:13material and in terms of clarity and
3:23:15every time does a session like this and
3:23:18people ask questions he updates his
3:23:20chart and he updates his his his
3:23:22PowerPoint to make things a lot easier
3:23:24for us to understand it so
3:23:27um anyway after I finished the class I
3:23:30was like yeah you know I got this stuff
3:23:31so I started
3:23:33trading and um obviously I haven't done
3:23:36the homework by that time you know so I
3:23:37was like I got this stuff down I didn't
3:23:40do the homework for about a good several
3:23:43months and then when Steve came back to
3:23:45teach the class see like did you do the
3:23:47homework I'm like
3:23:49no
3:23:51so anyway to make a long story short I
3:23:54spent after he called me out on it I
3:23:56spent a couple of months doing homework
3:23:59I you know a month month or so just sat
3:24:01down and I be like a mad man I went back
3:24:04on all the majors I went back a year or
3:24:06so and then I just did all the homework
3:24:09and in Orlando uh when I went down to
3:24:11Orlando I handed him a flash drive with
3:24:13a bunch of other people's homework and
3:24:15we just handed it to Stephen but like
3:24:17here's the homework and he was you know
3:24:18say all right cool at least now you got
3:24:20it and since doing the
3:24:23homework I actually
3:24:26understand the oscillation of the market
3:24:29that's the word that R Arvis uses
3:24:31oscillation of the market okay so let me
3:24:34show you very quickly on how to
3:24:36understand the oscillation of the market
3:24:38as it moves okay so on the one hour
3:24:41chart all I do is Mark my levels so I
3:24:44know exactly what I'm looking for where
3:24:45I'm going with so for example in euro
3:24:47dollar I'll say okay this is Peak
3:24:49formation high right I know why because
3:24:51if you look to the left you see three
3:24:53levels going up right so I don't want to
3:24:54keep going back otherwise you'll keep
3:24:55going back so let's start from here it
3:24:58starts oscillating up here notice how it
3:25:01oscillates right to the high every time
3:25:03it hits the high it hits the stop it
3:25:06comes back down comes back up induce and
3:25:09then it comes back and hits the stop
3:25:10comes back down okay so I'm watching
3:25:12this and I realized I'm in level three
3:25:15because there were two other levels from
3:25:16below from
3:25:18before then you see a Shar drop then you
3:25:21see a consolidation so what I do is I
3:25:24draw boxes around my consolidation
3:25:27because I can see consolidation easier
3:25:30because if I don't Mark the
3:25:31consolidation if I start seeing the drop
3:25:33then I'm like oh that's the drop but you
3:25:34know I'm just drawing my box from the
3:25:37low to the high and I'm just trying to
3:25:39see how it oscillating within the box so
3:25:42once it taks out breaks below my box
3:25:46then I know I'm in a different level
3:25:48that's how I look at it how do you draw
3:25:49the Box okay so I know I showed this
3:25:52during the U when we were downloading
3:25:54indicators and stuff so I'm just going
3:25:55to go this through this like in in in 10
3:25:57seconds okay anywhere in here you right
3:25:59click and you click customize and on the
3:26:02left hand side you will find Triangle
3:26:05and ellipse and all this other stuff
3:26:07you'll also find the Box you select it
3:26:09and you click insert and it pop up over
3:26:11here and you just close it okay there is
3:26:14two texts one is a and one is called
3:26:16text label T always use the one that
3:26:17says a the reason for that is because as
3:26:20you scroll the screen the verbiage is
3:26:22going to go with the screen not get
3:26:24stuck over here and then I just scroll
3:26:25the screen the thing is still over there
3:26:27then you you're like what the heck am I
3:26:28looking at okay so that's the purpose of
3:26:31using the a instead of the
3:26:33T okay so you draw these boxes and what
3:26:38I'm going to do I'm going to draw these
3:26:39boxes with you so you guys see how to do
3:26:41it okay you can change the color of the
3:26:43box so for example if I'm drawing a box
3:26:45right here
3:26:47originally is going to look like
3:26:49this like that okay you double click on
3:26:53it it'll just drop you double click on
3:26:54it you have these little dots on the
3:26:56side and you right click click rectangle
3:27:00properties and you can change to width
3:27:01of the Box how wide how how thick you
3:27:04want the box and then when I uncheck
3:27:07this now it's it's clear in the inside
3:27:11okay it's clear on the inside and when I
3:27:14double click it I can move the Box
3:27:15anywhere want and once I double click it
3:27:17again once those little dots disappear I
3:27:19can't move it I can move my whole screen
3:27:22I have to double click to delete it okay
3:27:24so that's how I draw my boxes on the 1
3:27:27hour chart now the reason this thing is
3:27:30in blue in color because that's how I
3:27:32differentiate once I look at a chart and
3:27:34I know it's blue for me it's the 1 hour
3:27:37chart for some of you you will be you
3:27:40know what I don't like it this way and
3:27:42that's
3:27:43cool what you can do is um
3:27:47make this black in color and the reason
3:27:50I say that is because you can shift you
3:27:53can take this and change
3:27:57it to different time frames what I mean
3:28:00by that okay so for example let's let's
3:28:02let's go through this how to do this
3:28:04okay so I have my level my level three
3:28:07um quick drop level one I draw the box
3:28:10it breaks it I'm mean level two it
3:28:12breaks it again I'm in level three now
3:28:14remember in level three three market
3:28:16makers all in right and then you see
3:28:19your pattern and now you're looking at
3:28:22it and like all right what what's what
3:28:23what is actually
3:28:24happening am I going to rise am I going
3:28:26to drop that's the decis decision you
3:28:29got to make after you you you view your
3:28:33chart and you're going to look at like
3:28:34all right man it's coming up to the high
3:28:36it look like it's forming an M pattern
3:28:37at London
3:28:40right railroad track second leg boom you
3:28:43know that's the short okay that's the
3:28:46short yes there's a little head and
3:28:47shoulder pattern and all you're doing in
3:28:49in in in the 1 hour just marking off
3:28:51levels on the 15
3:28:54minutes oops hold on one second let me
3:28:57just bring my 15 minute chart over on
3:28:59the 15 minutes you're actually looking
3:29:01at your entries okay now if you take the
3:29:04one hour levels and you transpose it
3:29:07what I'm going to show you how to do
3:29:08that then you're going to be easily
3:29:11see that you don't have to mark the
3:29:14levels off again so let me show that
3:29:16here all right so let's start a new
3:29:18chart so how do you get a new chart you
3:29:20click market watch and let's say I'm
3:29:22going to take euro dollar right if I
3:29:24obviously grab euro dollar and throw it
3:29:26in it's not going to make any difference
3:29:27I'm already euro dollar but I want a
3:29:28different chart so you have to you have
3:29:30to hold down the control key and take
3:29:33euro dollar and drop it in the minute I
3:29:37the minute I do that is going to drop in
3:29:40uh this is how I set my default so
3:29:42automatically going to drop in my black
3:29:45screen my black chart
3:29:48okay automatically set for 15 minutes
3:29:50I'm going to change it to the 1 hour
3:29:52chart okay for those people who notice
3:29:55it these are little these are those
3:29:57little things the these are the moving
3:29:58average Granny likes to use but uh
3:30:00anyway I have that that over
3:30:02here okay so now this is my one hour
3:30:04chart I'm looking at this stuff and I'm
3:30:06like all right cool I see I see now what
3:30:07I'm looking
3:30:09at look like Peak formation here right
3:30:12and then it starts dropping so let's
3:30:14line up what we were looking at earlier
3:30:16here with what we have here
3:30:19okay so this was April
3:30:2428th
3:30:26and this I got to move to April 28 just
3:30:30to be on the same page Excuse me while I
3:30:33move the
3:30:35screen okay so April 28 is right over
3:30:40here
3:30:42okay let me shrink it okay so
3:30:46same thing so what I do is I grab my
3:30:48little thing and I marck it off and
3:30:52notice what I normally
3:30:54do I normally I'm gonna move this closer
3:30:57start keep flipping back and forth here
3:31:00okay see how I grabbed it from here and
3:31:02I pushed it over here see how I have
3:31:05level three written I can always go in
3:31:07here and I can type click a and I go
3:31:10type in level right up here and I go and
3:31:12type
3:31:13in level three now if I want to make a
3:31:16duplicate and I don't want to keep and I
3:31:18don't see how I moved it I can move it
3:31:20once I double click on it it the little
3:31:22thing shows up the little white dot and
3:31:24if I click the control button also I can
3:31:26make a duplicate copy of it so I don't
3:31:28have to keep retyping this stuff you see
3:31:31how easy it makes it right double click
3:31:34click control and grab it makes a
3:31:37duplicate
3:31:38copy okay so I got my level three and
3:31:41then now I start doing my level
3:31:42one remember Steve says hit the stop hit
3:31:46the stop drop I'm expecting hit the stop
3:31:49drop and that's what I'm looking for
3:31:52okay I'm in level one I'm expecting a
3:31:53straight away stop and high
3:31:55drop then I'm in level two same deal I'm
3:31:58looking for hit the stop High drop I get
3:32:01it right here beginning of London I get
3:32:03it again here beginning of London here's
3:32:05something different either I could take
3:32:07it or I pass it's a railroad track okay
3:32:10either I take it long or I pass on it
3:32:11because I'm looking for stop and high
3:32:13drop so that's how you would look when
3:32:16you're doing your homework that's what
3:32:17you're looking for and now once I once I
3:32:19narrow it down to the 15 minutes then
3:32:21you're going to see what I'm talking
3:32:22about right and then here's my level
3:32:24three begins right all of this all of
3:32:26this
3:32:27stuff so anyway and then there is a
3:32:30reset up here and all that good stuff
3:32:33so um so anyway so what I then what I
3:32:38can also do is I can double click on it
3:32:40I'm going to bring it down now instead
3:32:42of me typing again I double click I
3:32:44right click I go to text properties and
3:32:46I can change that to one you see how I
3:32:49did that and then I go here double
3:32:53click change that to two so very quickly
3:32:57I can mark off my levels and I know if
3:33:00I'm on the hard right Edge I'm right
3:33:01here and I'm like boom I'm in level two
3:33:03I'm expecting one more day of drop or if
3:33:06I'm over here on this hard right Edge
3:33:08and I'm looking at it I'm like man I got
3:33:10to go below this be level three I'm in
3:33:11level two I'm still looking for shorts
3:33:13when it comes out and it hits the stop
3:33:15up high from The Little M right on the
3:33:18right on the 200 EMA on the 15 minutes
3:33:21I'm shorting it so that's how you that's
3:33:24exactly what Steve talk remember here's
3:33:27your V I'm sorry here's your a m a a
3:33:32right and then it drops it comes back up
3:33:36again and it does the reset and I'm sure
3:33:39you know you you hear more about that
3:33:41kind of stuff right
3:33:44so um
3:33:46here we go drop drop drop so that's how
3:33:50you would mark off your homework
3:33:53now your entries are going to be on the
3:33:5615 minutes so here's my 15 minutes okay
3:33:59I'm going to just this is how I mark my
3:34:01I'm just showing you not the same not
3:34:02coinciding with that same thing so this
3:34:04is how I would mark up my 15 minutes
3:34:06right now would I like to be more
3:34:08detailed I could be more detail and the
3:34:10reason I'm not as detailed as I used to
3:34:12be and just let me show you very quickly
3:34:14what I mean by that
3:34:18okay here's my
3:34:20homework okay here's my homework I have
3:34:23homework on patterns I have a ton of
3:34:26patterns that I have um okay open
3:34:31the nope it's open on the other side
3:34:34sorry so I have these different patterns
3:34:37and I and I and I look at them all the
3:34:39time I'm like all right this is my
3:34:40pattern this is my pattern this is my
3:34:42pattern I keep a folder of patterns and
3:34:44that's why Steve said variations to the
3:34:46team I have them and then I also have my
3:34:49homework okay here's my U homework I
3:34:52have it on the 1 hour and the 15
3:34:54minutes
3:34:56okay different pairs on the
3:34:59majors and then I also when I when I
3:35:02send it to Steve I zip it up and I email
3:35:04it to
3:35:06okay here's my EU and then it broken by
3:35:09months and if you go to any month um I
3:35:13don't know April and they broken down
3:35:15and I'm going to show you very quickly
3:35:16what it looks like when you actually I
3:35:19apologize it always I have a second
3:35:20screen that's why I apologize so this is
3:35:24what it looks like I'm going to blow it
3:35:25up a little bit you see how it's marked
3:35:28if I don't see an entry I don't make it
3:35:30up and I don't be like oh here the high
3:35:31here the chop I just said chop I'm
3:35:34looking for the right entry where I can
3:35:36actually see it and I can actually enter
3:35:37the trade I'm not going to sit there and
3:35:40and lie to myself and say oh I look at
3:35:42this and I'm looking at that if I see an
3:35:44M I'm going to take that trade
3:35:47all
3:35:48right and then you see these little
3:35:50zigzag lines those are the zigzags that
3:35:53I put in there to know what my bias is
3:35:55what I'm looking
3:35:56for so let me show you what I mean so
3:35:59anyway you have an idea now that that's
3:36:02what I do I have all my homework and I
3:36:04do send my homework to
3:36:05Steve okay they all lined up every month
3:36:08I send it to him every month is done the
3:36:10month is over I'll send it to him so
3:36:13I'll send him July next okay probably
3:36:15going to receive in a day or two when
3:36:17the class is over all right so that's
3:36:19what you guys got to do okay uh when I
3:36:22wasn't doing the homework I had no idea
3:36:24which what I was going to do so that's
3:36:26why you see these zigzags okay so once I
3:36:29identify the peak formation low that's
3:36:31my head and shoulder
3:36:33pattern then what am I looking for the
3:36:35next day stop on low rise after you
3:36:38start looking at this long enough you're
3:36:40going to see here's your W pattern man
3:36:41it early here's a stop on first leg
3:36:44second leg is real track I missed it I
3:36:47was sleeping I come right here and I see
3:36:49it and I know that that's what going to
3:36:51do this direction I go long right off
3:36:53the low I study the pin bars right
3:36:55that's a stop on pin bar and I go WR so
3:36:57that's why I would mark my entries see
3:37:00comes back it touches hit the stop Steve
3:37:03will talk about something called a 50/50
3:37:05bounce maybe right 1350 cross retest and
3:37:09then boom
3:37:11gone you get a minimum 50 Pips on these
3:37:13bounces but and and then once I'm in
3:37:16level
3:37:17three see that's the big fat M then I'm
3:37:21looking for
3:37:22shorts okay let's say I saw this
3:37:25personally because I I've been looking
3:37:27at these charts for a while and that's
3:37:29why my zigzag tells me here's my Peak
3:37:32formation low here's my v and next day
3:37:35is also my V I'm looking for a long
3:37:37which I did take right here off that pin
3:37:39bar okay it went up about 58 Pips you
3:37:42hit your target man you're done I'm done
3:37:44once I hit my target Target I'm done I
3:37:46go to sleep I don't try to trade that
3:37:48short and try to trade that long I try
3:37:49to trade that short I mark this off
3:37:52because I know I can do I can trade both
3:37:54ways because I'm in level three and
3:37:57that's at one point you're going to get
3:37:58to that point and then you like ah I got
3:38:00it all right then then it comes one
3:38:02level down it forms this chop there's no
3:38:05trade and then all of a sudden it starts
3:38:08heading back up and you're like wait a
3:38:09minute I'm level three I'm supposed to
3:38:11go down but it doesn't do it there's a
3:38:13reset okay and you're gonna figure that
3:38:15out when you start doing your homework
3:38:18that the reset happens because you see
3:38:21these
3:38:22drops on the 15 minutes you're probably
3:38:24in level three here you see W pattern
3:38:27it'll come back up one level and then
3:38:30you're going to get a reset so usually
3:38:32in level two on the one hour you're
3:38:33going to get a reset on the 15 minutes
3:38:35okay so when you do your homework you'll
3:38:36find it that's why these things happen
3:38:39that way all right it'll do a reset and
3:38:41start heading back up again and you're
3:38:43like what the heck is going on and then
3:38:44once I know that I'm looking for stop on
3:38:47low here the big fat W or three hits to
3:38:50the low Peak formation low I'm expecting
3:38:53stop on low rise next morning quot of
3:38:57wood maybe I'll blow it up a little bit
3:38:59you guys can see it here's my w
3:39:02pattern I'm looking for stop and low
3:39:04rise level
3:39:06one next I don't I normally don't trade
3:39:09a counter Trend trade I mark them off
3:39:13but I don't take them
3:39:15okay uh that's something very valuable I
3:39:18learned in the New Jersey class you know
3:39:20take one trade you can see three swipes
3:39:22of the low one two three this one did
3:39:26not go below that right so this is the
3:39:27third one and
3:39:29then hammer and then it's
3:39:31gone nice quot of wood you can have gone
3:39:34long here that's over man you just enter
3:39:36on this one it's over it's
3:39:39done okay same deal I'm still in level
3:39:43two can you take a short high yes yes
3:39:45but your better trade to stop and low
3:39:47rise here's the beautiful W pattern can
3:39:49you see
3:39:51it and then it's over now you're in
3:39:53level three now you're looking for
3:39:54shorts here's the big fat M I took the
3:39:57short right
3:39:59here all right and now I'm in level
3:40:01three I can trade both
3:40:04ways okay if you're not clear like if
3:40:07you notice I didn't mark anything I
3:40:09didn't see anything clear I didn't take
3:40:10any
3:40:12trade right when I woke up I'm too late
3:40:15I'm next I'm in level four I'm like I
3:40:17don't know about that but isn't that
3:40:19quot of wood the same quot of wood over
3:40:21here earlier when we saw
3:40:23it right here right off here see doesn't
3:40:26that look the same as that I know I'm
3:40:29scrolling the screen I apologize man
3:40:30gives me a headache
3:40:32too same move same move you take that
3:40:40long 40 50 bips you probably hit 50 bips
3:40:43right up here and then notice it did a
3:40:46head and shoulders pattern when you wake
3:40:48up you know you're an extended stop and
3:40:50you're in level four which normally
3:40:51doesn't happen you see a head and
3:40:52shoulders pattern you see pins to the
3:40:54high you see little railroad tracks and
3:40:56pin to the high pin pin to the high you
3:40:58know this is going to
3:41:00drop okay at some point you're going to
3:41:03be able to trade intraday levels one two
3:41:08three it's the same thing variation to
3:41:11the thing I know this thing is going
3:41:12crazy uh sorry sorry sorry let me just
3:41:15look at some of this
3:41:19uh do you draw the short lines how do
3:41:21you draw the short lines on my mt5 you
3:41:23can draw a long trend line what do you
3:41:24mean short trend line man you just take
3:41:26the trend line and draw it this way just
3:41:28draw it
3:41:29downwards right so like this I'm
3:41:32expecting stop like that right so that's
3:41:36what I would mark off hit the stop High
3:41:38drop
3:41:40boom hit the stop High drop
3:41:47all
3:41:48right and then I'm in only level two now
3:41:51I'm in level three and I'm expecting it
3:41:53to do something
3:41:55else and
3:41:57then okay so I woke up I'm right here
3:42:00I'm like dang I'm in level three okay I
3:42:03missed the short I missed the stop one I
3:42:04could have taken this right here or I
3:42:06pass and I wait and I see what
3:42:08happen all right uh how did you get the
3:42:11the painted blue box painted blue box
3:42:13the blue box comes in uh comes with the
3:42:15uh indicators man it's called the work
3:42:17time you see indicator list and in the
3:42:20indicator list you see uh all I have is
3:42:23my moving average ADR daily high low
3:42:26work time and the moving averages and
3:42:28then I just kind to have my TDI sitting
3:42:30at the bottom over there I don't really
3:42:31use it I just have them for I have it
3:42:33for show and tell just in case I have to
3:42:35explain
3:42:36something uh to somebody that really
3:42:38needs the indicator then that's what I
3:42:39actually do it all right um
3:42:46oh es es is a extended
3:42:49stop so ex
3:42:52uh oh also Empire State that's an Empire
3:42:55State pattern sorry if you look at the
3:42:57es it's like an empire state right this
3:42:59the antenna of the Empire State Building
3:43:02my entry is Right usually I would take
3:43:04it right off that pin but sometimes I'll
3:43:05take it right off that you see how it
3:43:06does it it does it again right here that
3:43:08pattern and that part you can grab it
3:43:10right off
3:43:11here but normally I'll grab it off that
3:43:13pin bar and then that that'll be pip and
3:43:15then I'll grab it again this one coming
3:43:17back inside and I'll grab that move both
3:43:20ways all
3:43:22right yes I will uncheck the ray box so
3:43:25that you see when you when you have um
3:43:29like when I'm
3:43:30drawing the trend line for example right
3:43:33normally your trend
3:43:35line has this thing called Ray when this
3:43:38Ray is checked off this thing goes to to
3:43:40Kingdom Come so in order for it to for
3:43:42you to do it you double click on this
3:43:44line
3:43:45right click Trend properties go to
3:43:47parameters and uncheck this so it it's
3:43:50only as long as you as long as you make
3:43:53it okay uh how do you get the gray boxes
3:43:56at the shift change the gray boxes oh
3:43:59you know what this gray box is my
3:44:01instead of the red box you guys have the
3:44:02US session I just changed that to a gray
3:44:04box um yeah just just a slight
3:44:08subtleties uh to it but normally you
3:44:12would have your shadow boxes and stuff
3:44:14like that in there okay this is just an
3:44:16older platform and this is just how I'm
3:44:18used to seeing it so I just haven't
3:44:20changed
3:44:22it thank you thank you yes um I I'll be
3:44:25happy to go over you know a simplest you
3:44:27know simple stuff because believe me
3:44:30what you guys are going to go through as
3:44:31newbi I've gone through and I understand
3:44:35where you guys stand and I I came from
3:44:37where you guys came from so that's why
3:44:39I'm always willing to help all right and
3:44:42and study see when you're looking at
3:44:43this pattern I'm at level two to Market
3:44:46off one two three swipes to the high if
3:44:50I showed you my homework I would have
3:44:53this now I don't but before I would have
3:44:55this marked off as one and I would just
3:44:57mark it as one right there like that at
3:45:00the candle next to the
3:45:02candle and I would mark this as two and
3:45:04I would mark this as three so now you
3:45:06can see one two three swipes to the high
3:45:09railroad track and my entry is right the
3:45:10minute that railroad track closes why
3:45:13I'm expecting based on my little dashes
3:45:15I would draw these
3:45:17before before before the session start
3:45:20and I'd be like right above the Asian
3:45:21high like Steve says
3:45:23right it's about 20 Pips above the Asian
3:45:26high maybe a little bit more right sorry
3:45:30about 20 almost 25 Pips above the Asian
3:45:32high right right the pin pin is right up
3:45:34here that's what you're looking for
3:45:36railroad tracks hit the stop induced
3:45:39long trap and then you're ready to go
3:45:41and it's it's over man once you take
3:45:43that trade and this thing shifts is over
3:45:47you already up like 38 40 Pips and the
3:45:50next candle comes is
3:45:52done all
3:45:53right how long did it take uh it took me
3:45:57about almost let's see
3:46:00um I started doing a lot of levels
3:46:03around September uh after the May class
3:46:06so it's about three three OD three odd
3:46:09months uh took me about three odd months
3:46:11to look at the levels and the way you
3:46:14know the way I look at levels it's just
3:46:15not like oh just a drop here drop here
3:46:18because sometimes you see oh that's my
3:46:19lower drop then you think oh that's the
3:46:20next level no that's not it like Steve
3:46:23says right if if for example one day I'm
3:46:25looking from here to here and I say okay
3:46:27that's 194 Pips I'm looking at my ADR
3:46:30value remember Steve says you break it
3:46:32up approximately not a science right
3:46:36approximately you take the ADR and you
3:46:38divide it by three so it'll be roughly
3:46:40about 50 Pips each each move each push
3:46:43right about 61 Pips and then the next
3:46:46level starts and then it's about this is
3:46:48a little bit smaller from the bottom
3:46:50here and then this is a little bit
3:46:51bigger okay it's 100 Pips so again level
3:46:55usually the second push is smaller why
3:46:57remember Steve says absent of market
3:46:59makers they just want to see how low you
3:47:01push it and then they say enough man let
3:47:04me just pull it back hit the stops of
3:47:05those guys who who did take the trade
3:47:08you know there's some stop put over here
3:47:10because why you see this push and it
3:47:12pull back you see this pull back here
3:47:16people will jump the stops so you think
3:47:17I don't want to lose too much so you
3:47:19just move it from here to here to book
3:47:21to to to grab 10 Pips they move the stop
3:47:24right above here they come in absorb
3:47:26absorb them hit the stops and then they
3:47:27continue the merry way they always hit
3:47:29the stop one more time before they move
3:47:32so you know if you if you identify where
3:47:35the stop hunts are and line it in the
3:47:38direction of the market maker Trend and
3:47:40then you draw these little zigzags you
3:47:42say man I know where I'm going to go
3:47:43next day I'm going to hit the stop High
3:47:45drop now I'm in level three I'm waiting
3:47:48for the Stop on low rise okay start it
3:47:50start looking like this like all garbage
3:47:52and you think you know what I'm gonna
3:47:54pass on this then you see these railroad
3:47:56tracks and you're like man I know what
3:47:57these other going to do induc short
3:48:00below previous day low trap them with a
3:48:03nice Hammer comes right back in I'm in
3:48:06here my stop goes right below the low
3:48:07now again whatever you're comfortable
3:48:10with some people don't like such big
3:48:12stops okay like me I don't like very big
3:48:14stops so I may pass on this
3:48:16trade all right and then I know news is
3:48:19coming out so I may pass on this trade
3:48:20altogether I'm like you know what I'm
3:48:22gonna pass on this trade man doesn't
3:48:24look like it's uh there's news coming
3:48:26out they hit the stop one more time and
3:48:28all that kind of stuff and I have a 30
3:48:29pip stop I don't like it okay and that's
3:48:32your prerogative but knowing which
3:48:35direction you're G to go is tremendous
3:48:37like if I say okay this big fat W next
3:48:40morning I'm looking for stop on low ride
3:48:42boom take the two pins and I go long
3:48:45right off here the 60 Pips all right two
3:48:49pins Steve will talk about that two pins
3:48:50to the water two pins to the mail okay
3:48:53all that good stuff man here's actually
3:48:55a w pattern right here you can trade any
3:48:57session as long as you do your homework
3:48:59on the session okay so to be clear if
3:49:02you're trading London your homework
3:49:05should be focused on the London session
3:49:07if you're doing New York you should be
3:49:09focused on the New York session I'm not
3:49:11saying don't mark off the levels on
3:49:12London I'm saying your focus
3:49:15I'm focused my focus is in London
3:49:17session I don't trade New York too often
3:49:20so therefore I don't take these reversal
3:49:21trades I mark them but I don't take them
3:49:24because I'm not usually trading at the
3:49:26time of
3:49:27sleeping so whatever session you're
3:49:29going to Mark make sure that's the
3:49:32session you're going to trade so for
3:49:34example I see this Big M pattern I will
3:49:36go short right here and then once I
3:49:39identify two pins I'll get out of my
3:49:40short position and go long why because
3:49:44that's how Ste youve taught me trade
3:49:45both ways market makers trade both ways
3:49:47you're trading the pattern and you're
3:49:49understanding the harmonics the
3:49:51oscillation of the move and that'll come
3:49:53with time I know this thing is flying
3:49:55right through
3:49:56man um push it in levels of the theme
3:50:00yes I call them pushes
3:50:02intraday um uh when it's happening
3:50:05within the day I call them pushes and
3:50:07when it's happening in multiple days on
3:50:09the one hour chart I call them levels so
3:50:13that way I just distinguish between Lev
3:50:14and pushes because intraday you have
3:50:16three pushes right so for example the 33
3:50:19trade on the last day in you know moving
3:50:22towards level three you see three pushes
3:50:25and then it'll go to the peak formation
3:50:27High okay
3:50:30um okay when Steve is gonna take care of
3:50:34that okay okay what else oh how do you
3:50:38how do you um so let's say for example
3:50:41we we did this already right this is my
3:50:4415 minutes the
3:50:46chart nope that's EUR pound sorry um
3:50:50here we go so now once I mark this
3:50:53levels off right if I want to change it
3:50:54to the 15 minutes or I'm going to save
3:50:56this I'm going to go to my profile now I
3:50:59have my levels on the 1 hour I'll go to
3:51:01profile I'll go save as and then I'm
3:51:04going to select the profile whatever it
3:51:05is you know Euro Euro euro dollar
3:51:08whatever you just call it EUR doll 1
3:51:09hour right I save it now I have my 1
3:51:11hour profile on the levels then all I
3:51:14need to do is Click 15
3:51:17minutes all right and as you can
3:51:20see everything is already marked man I
3:51:23don't have to go mark them off again you
3:51:25see everything is there all my levels
3:51:28are marked off I don't have to go and oh
3:51:31what level am I in on the one hour
3:51:32nothing I already know exactly what
3:51:34level I'm in okay so maybe this will
3:51:36help uh instead of you marking the
3:51:38levels of twice and how do you change it
3:51:40from one platform to another so let's
3:51:42say I marked it off in in alari and I
3:51:45want to shift it to um Mig right it's a
3:51:50it's an interesting process what you do
3:51:52is um let's
3:51:54see okay they're actually right over
3:51:57here I'm G to move it right here and I'm
3:51:59gonna move it right here all you need to
3:52:01do is you
3:52:03rightclick
3:52:05properties okay under shortcut you go
3:52:08open file location
3:52:10right and you do the same thing for
3:52:12alari right click prop properties under
3:52:16shortcut open file location the reason
3:52:19I'm going a little fast is because this
3:52:21thing is recorded so you guys can go
3:52:22back and look at this stuff and this way
3:52:24it'll also save you a lot of time all
3:52:26the profiles and stuff you have to do it
3:52:27for every single platform because the
3:52:29reason I have multiple platforms is
3:52:30because I multiple screens I want them
3:52:32to all be opened at the same time so I'm
3:52:34looking at different things at the same
3:52:35time right so if I'm doing my homework
3:52:37in one and I'm trading in the other I
3:52:38won't be able to see them all right so I
3:52:40have to keep marking the same thing 20
3:52:42times and then all I need to do is I'm
3:52:44like all right you know what I save my
3:52:45thing in profile I go to profiles and
3:52:48I'm like ah I found it right here it's
3:52:50uh it's euro dollar right so I just grab
3:52:53this and I just throw it in same thing
3:52:55over here I go to the
3:52:57profiles my euro dollar is right there
3:52:59boom I grab it here and I just Chuck it
3:53:00in here and boom it's done so that way
3:53:03you can transfer to
3:53:05multiple
3:53:07um to multiple platforms you don't have
3:53:10to keep doing it over and over and over
3:53:12again okay so these zigzags are amazing
3:53:16okay uh what they do is they kind of
3:53:18keep you in line so if you know here's
3:53:20your M and you're looking for V and
3:53:23you're looking for V then you just kind
3:53:25of draw these things and you just say
3:53:27you know what I'm looking for this I'm
3:53:28looking for this I'm only trading in
3:53:30line with the peak formation if you do
3:53:32that and don't take counter Trend trades
3:53:34you're probably going to be right off
3:53:35the bat 80% accuracy if you start
3:53:38trading counter Trend trades because why
3:53:40because when you're trading counter
3:53:41Trend you see you took this counter
3:53:43Trend it kind of went sideways for a
3:53:44while your two hours will pass and
3:53:46you're like dang I didn't make any money
3:53:47man but if you're trading in line with
3:53:49the peak formation boom it's over it's
3:53:51the 100 Pips from here to here the 100
3:53:53Pips is over you go to sleep don't try
3:53:56to trade it back into the range you
3:53:59could and Steve is goingon to yell at
3:54:01you time leverage and freedom that's
3:54:03what you're trading for
3:54:05right um let's
3:54:08see how low below consolidation is a
3:54:10level on this example I see levels
3:54:13clearly but when they are big but when I
3:54:15see small
3:54:17ones
3:54:19um okay you know
3:54:22want let's look at this man this is this
3:54:25is how many Pips is this 118 Pips okay
3:54:29this is about average Euro dollars what
3:54:31150 Pips notice the ADR roughly rough
3:54:35it's not like 100% I mean I even took it
3:54:39if you actually take it if you really
3:54:40want to be anal and be like really
3:54:41accurate just move it all the way to the
3:54:43bottom and now you from the top to the
3:54:45bottom of the range it's about 130 Pips
3:54:47you go from the top to the bottom of
3:54:49this range it's about 180 Pips my my ADR
3:54:52is about 150 Pips right so that's how
3:54:55you do it you just measure from the high
3:54:56to the low 175 Pips so now I know this
3:55:01oscillation is just an oscillation but
3:55:03it's not a new level I'm just going from
3:55:04the high to the low and I say man I'm
3:55:07180 Pips I'm right about right around my
3:55:08ADR ADR
3:55:10value maybe that helps hopefully it
3:55:13helps
3:55:15uh can you explain how to uh how you
3:55:17determine how to draw the zigzags good
3:55:19question how do I draw my zigzags well
3:55:22once I identify my Peak formation high
3:55:24or low for example here's my Peak
3:55:26formation high right here with an m and
3:55:28then they did an extended stop hunt
3:55:30right again if you can't see it on the
3:55:3415 minutes okay I'm going to go here and
3:55:36I'm going to show you something cool
3:55:37like Steve said you can go to the half
3:55:39hour then you can start seeing stuff
3:55:43that you've never seen before four
3:55:44you're like oh my God look at that
3:55:46beautiful ire State pattern actually
3:55:48Evening Star pattern right you know that
3:55:50thing going to
3:55:51drop two pins to the water that thing
3:55:53going to drop things like that you're
3:55:55going to start seeing it obviously the
3:55:57more time frame you look at sometimes
3:55:59you get more confused but sometimes it
3:56:01helps right here the big fat M second
3:56:04leg of the railroad track with a high
3:56:05test scandle things like that you're G
3:56:07to start noticing now how do I draw my
3:56:09zigzag well once I identify my Peak
3:56:11formation I say okay here's my Peak I'm
3:56:14going to what am I expecting next day
3:56:16hit the stop High drop Okay cool so I
3:56:18marck it hit the stop High drop or it
3:56:22comes right here and hits the stop I'm
3:56:24only looking for shorts in other words
3:56:25right once I identify my Peak formation
3:56:27I'm only looking for shorts I could take
3:56:28this short I could take this short now I
3:56:31notice three hits to the
3:56:33low why do I say this the it looks like
3:56:37it looks like a reset that's why I drew
3:56:38it but theoretically this came right
3:56:41back into level three this is all level
3:56:43three this all level three
3:56:46oscillation okay that's why when it did
3:56:48that three hits to the low you can have
3:56:50gone long right
3:56:52here is the stop too big yeah it is you
3:56:56know but whatever you're comfortable
3:56:58with and it just took off 150
3:57:01Pips okay
3:57:04so um that's how you would draw your
3:57:07zigzags once you identify the peak
3:57:09formation you know
3:57:11mvv oh I'm sorry M AA and that's why you
3:57:14draw the zigzag like that and if you see
3:57:16a w and then you're going to go wvv
3:57:19right here's my w pattern here's my V is
3:57:22my V right this is an extra day why do I
3:57:25know this is an extra day because I'm in
3:57:27this level two oscillation I'm expecting
3:57:28it to go to level
3:57:30three so I can take this long I can I
3:57:33can take this short but the better
3:57:34traders to the long side because I need
3:57:36to clear this level in order to go to
3:57:38level three and that's why I can take an
3:57:42extra day of a
3:57:45V okay uh how do you copy text without
3:57:48hitting the A and typing the text each
3:57:51time oh for example if I'm here I double
3:57:54click on it I click the control button
3:57:57and I can just copy my text without
3:57:59typing it right so for example I write
3:58:02enter a lot right so instead of me
3:58:04typing enter here enter here I just
3:58:06double click on enter and I move it from
3:58:08here to here you see really easy double
3:58:11click create a double click click
3:58:13control and move it and it just keep you
3:58:16you keep
3:58:17creating a a duplicate of
3:58:21itself okay is there a program to copy
3:58:24the screen and and some instructions
3:58:26anywhere I don't know what that means
3:58:28what are the red dots uh the red dots
3:58:30are something that Steve used to teach
3:58:31us from before they're called scalin he
3:58:33doesn't use that now I personally use it
3:58:36because I did my homework on it and I
3:58:38use that as momentum shifts that's all I
3:58:39use it for I don't trade off of it so
3:58:42these little dots are all over the place
3:58:44but I know when the dot is valid and
3:58:46when the dot is not valid okay it
3:58:50confirms my pattern and I treat that
3:58:51kind of stuff so when I see it
3:58:53confirming my railroad track then I know
3:58:55I'm going to go that
3:58:57way
3:58:59um what else
3:59:04uh is your work available on the form uh
3:59:08well now it is because now it's a kind
3:59:10of uh you know you guys are going to
3:59:11actually have this recorded
3:59:14uh and then every Sunday um we do a
3:59:17session where we go over levels and uh
3:59:20hopefully you guys will be able to join
3:59:22us it's a free Sunday session Rey and
3:59:24myself will do the levels every other
3:59:26week we we kind of shift and then we get
3:59:28guest presenters um
3:59:31so uh you know we have swing Traders and
3:59:33you know hopefully Ricky will be here
3:59:35soon and we had massud a couple of weeks
3:59:37ago and and Kim and Granny and Jim and
3:59:40there a whole bunch of them Gary and so
3:59:42we have a lot of very experience people
3:59:44showing how they actually trade and So
3:59:47you you're not by yourself
3:59:49okay what time Sunday Sunday is usually
3:59:52at 6:30 pm
3:59:55Eastern why is it Eastern I don't know
3:59:57ask Steve man Steve is on the Eastern
3:59:59side so that's why we do
4:00:01Eastern why do you save the picture to
4:00:03send off to Steve how do you save the
4:00:05picture to send off to Steve okay once
4:00:07you save it that's a very good question
4:00:09right so let's say once I did my I save
4:00:11my homework here right and what do I do
4:00:14I
4:00:16rightclick okay I'm going to say you see
4:00:18the word that says send to and I click
4:00:21compress it'll form the zip it'll create
4:00:24the zip for me it'll zip it and the zip
4:00:27is the one that I can attach these
4:00:29folders I cannot attach but the zip I
4:00:31can
4:00:35attach
4:00:37um who's the presented this Sunday this
4:00:39Sunday we do not have a
4:00:41session this Sunday we do not have a
4:00:43session
4:00:44last Sunday I mentioned that and I'm and
4:00:46I'm going to put it in the Forum also
4:00:48next Sunday we will have a session
4:00:51okay
4:00:56um m is better than Dukas yeah that's
4:00:59the right
4:01:00answer uh does MT have a button to
4:01:02capture the chart Yes actually you do
4:01:04mt4 does so for example if I want to
4:01:06capture this chart I right click and I
4:01:09click save as picture and then once you
4:01:12click save as picture
4:01:14active workspace active chart so let's
4:01:17say for example if you if you have a
4:01:19trade on you click active chart it show
4:01:22you a little trade window at the bottom
4:01:23also but if you just if you're doing
4:01:24homework just click active workspace and
4:01:26click okay it'll actually save it and
4:01:29and'll look exactly like
4:01:32this it look exactly like that whoops
4:01:35yeah like
4:01:37that okay and you'll be able to see all
4:01:40the all the markings and what what
4:01:41actually happened and and all that where
4:01:43my that notice all of them are in One
4:01:46Direction in line with the market maker
4:01:47Trend long long long once I'm in level
4:01:51three then I'm looking for shorts shorts
4:01:53shorts It's really simple I mean Steve
4:01:55Steve has really given us a a real good
4:01:58gift it's a beautiful gift and uh but
4:02:01you have to do the homework man if
4:02:02you're not going to do the homework
4:02:04you're not GNA have the confidence in
4:02:05the methodology and if you don't have
4:02:07the confidence in the methodology you
4:02:09will not be able to pull these trades
4:02:11then You' be like Oh I'm going to go
4:02:13long here I'm going to shter I'm I don't
4:02:14know what the hell going on I'm all
4:02:16confused when you start doing the
4:02:18homework you like man I see it I know
4:02:20this is what I'm looking for I know this
4:02:21what I'm looking for and if it plays the
4:02:24game the way you want to play it that's
4:02:26when you actually take the trade let's
4:02:28say I'm looking for stop and low rise
4:02:30and it just starts dropping from here
4:02:32without this stop hunt I'm like man
4:02:34that's not my trade I'm looking for stop
4:02:37hunt low rise and when it does present
4:02:39that's when you take the trade so in
4:02:41other words like poker not that I play
4:02:42poker I've never played poker but
4:02:45talking to my buddy Bruce he says you
4:02:47know in poker when you when you when you
4:02:48get you're given a hand right you look
4:02:50at the hand and you look at it you're
4:02:51like yeah you know what this hand is
4:02:52crappy hand I'm not gonna play it and
4:02:54you fold you keep folding until you get
4:02:57a very good hand then you play why
4:02:59because when you play a good hand you
4:03:00have a very good chance of beating the
4:03:03house right if you have a crappy hand
4:03:05you're not GNA play it because you're
4:03:06gonna lose so just keep folding until
4:03:09you actually get a good hand and then
4:03:10you kill them and you're like you know
4:03:11what I'm going to kill these guys I got
4:03:12a good hand that's when you actually B
4:03:14the big box like Steve is telling us
4:03:17notice I had three swipes right one two
4:03:21three and then this your W pattern
4:03:23second leg goes below the first leg and
4:03:25closes right back inside you enter right
4:03:27there your stop is literally just the
4:03:30pin that's the gift man knowing what to
4:03:34do at the extremes I'm not taking the
4:03:36trade in between can I take the trade in
4:03:38between yes I've seen this enough time I
4:03:41know how to trade these things but not
4:03:43everybody should and most newbies cannot
4:03:45and should not that's why you don't see
4:03:46me normally take these trades in in in
4:03:49between okay uh very seldom I'll do it
4:03:52I'll do them if I if I get up and I miss
4:03:54the move and I'm like man that's the
4:03:55only push one I'm gonna take it okay uh
4:04:00are the patterns in the form uh no the
4:04:03patterns are not in the form um Steve
4:04:07actually talks about these patterns you
4:04:09know what the best thing to do is Steve
4:04:10gives you a list of
4:04:12patterns the best thing is you look at
4:04:14it and if you want you can send email to
4:04:16Steve or you know or just post it in the
4:04:19form or you can just uh send it to me
4:04:22whatever uh then we we'll be more than
4:04:24happy to help you out with that uh you
4:04:26call this homework but is this what you
4:04:28do when you trading yes yes yes yes
4:04:33that's that yes that's how you see and
4:04:35you build confidence when I'm actually
4:04:37trading if you notice this is this is I
4:04:39look at this chart by the way it's not
4:04:41like something I just you know do and
4:04:42then forget
4:04:44it's on the hard right Edge man it's
4:04:46marked you know I just haven't completed
4:04:48the the thing yet because um this is
4:04:51this is this is like that you know you
4:04:53just draw it bang that's one level right
4:04:57it's all part of level three
4:05:00oscillation but yes uh uh these These
4:05:03are these are chart that are marked up
4:05:05right all the way to the hard right
4:05:07Edge
4:05:09okay do I need indicators to do homework
4:05:13uh you can my my my TDI down here I used
4:05:17to do that when I first started trading
4:05:19uh when I first started doing my
4:05:21homework let me just quickly show that
4:05:23to you guys um when I first started
4:05:25doing homework I was using TDI because I
4:05:28was you know new so here's the here's
4:05:31the previous homework right so on the 15
4:05:34minutes um I had here I'll show it to
4:05:39you see I had it
4:05:42more okay here's my entry you know
4:05:45here's the scaling here how did I scale
4:05:46in and my TDI down here M patterns when
4:05:50it crosses Steve will talk about that I
4:05:52don't want to jump ahead but notice
4:05:53he'll talk about these these things and
4:05:55you can use the TDI and you can mark
4:05:58them up as you do your
4:06:00homework you know okay you're lining it
4:06:02up and if you don't see a pattern I
4:06:04write chop level two before I used to
4:06:07mark my levels instead of boxes I used
4:06:09to mark it with these these
4:06:12dashes okay now
4:06:14now I have more you know now I know a
4:06:15little bit more about this boxes and
4:06:17stuff like that so I just kind of like
4:06:18add a draw a box right
4:06:21here okay
4:06:26uh good um okay good good good how
4:06:30do you do with what do you do with
4:06:32resets what do they tell us do you
4:06:35restart the count yes the resets are
4:06:38usually for example I'll give you a
4:06:40quick example and I think I'm my time is
4:06:41up um so I'm going to show you something
4:06:44interesting here for those people who
4:06:47kind of stuck it out to the end right so
4:06:48for example I am
4:06:50here uh on
4:06:54the one hour chart okay so I'm looking
4:06:58at this level two right here this is May
4:07:0111th okay so I'm going to go and drop it
4:07:04down to the 15 minutes May
4:07:0811th and I'm right here right now okay
4:07:11so now drop one
4:07:15okay you would have said this could have
4:07:17been dropped to this could have been
4:07:18dropped here the big fat W back up here
4:07:20here's your it look like a reset right
4:07:22up here right off the 15 you see
4:07:28it right and then you see the move the
4:07:31shift and then it drops from
4:07:34there right you can go drop
4:07:38consolidate hit the stop again drop one
4:07:41more and then you can start seeing your
4:07:43sort of like Head and Shoulder p and
4:07:44shoulder head it's ugly it's not clean
4:07:47right and that's how you're going to see
4:07:49it uh on a shorter time frame on a
4:07:51smaller time frame so usually on level
4:07:53two is where you're going to get your
4:07:55reset right it continues coming down and
4:07:58then um that's how you're gonna but if
4:08:01you draw it also the one hour
4:08:05superimpose in the 15 minutes you can
4:08:07actually see them better all right but
4:08:09it's actually
4:08:11one two 3 with a second leg over here
4:08:16see that that's the big that's the Big W
4:08:17pattern with a hammer right to the
4:08:19low it come up one level it'll reset and
4:08:22it'll start dropping from here
4:08:27again okay so um so that that's what I'm
4:08:31talking about so you be able to see
4:08:32these things usually in level two you
4:08:34find your reset but in other words like
4:08:36Steve was saying momentum is to the
4:08:37downside it costs money for them and
4:08:40they don't want it you know with the
4:08:41sentiment already created they don't
4:08:43want to cost them any money so they like
4:08:45oh you know what if you buyas to the
4:08:47short side I'll make my money come back
4:08:49make my money and then let it drop again
4:08:51in the direction of the sentiment it
4:08:53costs them no money they'll sell sell
4:08:56sell at some point they'll pull it back
4:08:57and book profits that's all it
4:09:01is oh we
4:09:03bring okay
4:09:09um okay uh let's see
4:09:14I miss how to stick the the text to the
4:09:17to the Chart oh just use a use a instead
4:09:20of the T and you'll be good okay just
4:09:23use a instead of the T if you use a
4:09:26it'll stick with the chart if you use T
4:09:27it's G to
4:09:31move Gloria hilarious your dog has to go
4:09:34to the bathroom all right guys I'm gonna
4:09:36end up end over here if you guys have
4:09:39any other questions uh my email uh you
4:09:41can find my email on the Forum just me a
4:09:43couple emails I'll be happy to answer
4:09:45them uh catch us on Sunday you learn a
4:09:47lot of stuff Rays fantastic with levels
4:09:49and we'll be happy to show you some of
4:09:52the stuff we know
4:09:55okay all right
4:09:58Steve all right I think I got it back
4:10:00everybody hear me okay all right look
4:10:02and everybody's tired went long thank
4:10:03you car very very fantastic presentation
4:10:05that's how you're supposed to do the
4:10:06homework man that's how you mark up your
4:10:07charts all right so I know you're tired
4:10:09go to bed but tomorrow I want to see a
4:10:12gbpchf chart
4:10:15gbpchf go back couple of days week
4:10:18whatever whatever you feel compelled to
4:10:20do thanks Bruce market up for me kind of
4:10:23like car did identified Peak formations
4:10:25levels Market maker trap moves all that
4:10:28stuff we talked about all right start
4:10:30trying to tie the stuff together in your
4:10:32mind right there's no session this
4:10:34Sunday because you have the recordings
4:10:35for two weeks and the weekend is a good
4:10:38time to spend working on the recordings
4:10:40and getting caught up and then immersing
4:10:42yourself in the live market and watching
4:10:43the
4:10:45charts all right thank you Wayne you
4:10:48guys ready to get out of here that's it
4:10:49GBP
4:10:50CHF go back a few weeks mark up some
4:10:53charts send them to my
4:10:54inbox uh veterans don't send them I got
4:10:57enough from the
4:11:00newbies all right good night everybody
4:11:02thank you see you tomorrow six o'clock
4:11:03sharp eastern time good stuff thank you
4:11:06guys thank you hey good night everyone
4:11:09it's a great class appreciate if anybody
4:11:12has any questions we can help with
4:11:14please let us know send us an email give
4:11:17us a call we're here for
4:11:19you good night everyone

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