all right folks welcome back it feels just like yesterday last time we'd smoke all right so here we have one of those instances where as luck would have it the hands of fate the planets aligned all those factors came in on something i gave you an analysis last night now before you start snickering and rolling your eyes and sending your husband up to slap me on stage just understand that this is just one piece one little piece of price action in the delivery that the algorithm will likely not every single instance but it will likely repeat okay it's the logic that i've shared on this youtube channel and i've been asked obviously if you read the comments in the videos can i show an example of this working in london session for forex no problem to do that i set the stage with the analysis last night there are folks out there that will say i don't know how to pick the tops and the bottoms or the highs and the lows of the day they don't know what i'm teaching so it's easy for them to say those types of things and a new student may stumble upon their comment may stumble upon their youtube channel and whatever their medium is they follow that logic without investigating it or looking into whether or not these things that i claim are true so without a safety net last night i outlined it for you i explained what it should do why it should take place and therefore we watch and do i see in my chart like you should see in yours what i outlined not exactly to the level i was outlining but the general premise was there what i mean by that well we were in this area here and i mentioned that i felt that it was going to go below the 100 level and if i were making the market in other words if i was the market maker providing the parameters at which the dollar index will go down to set up a buying opportunity i would take it down to the 99 uh 99. 92 level okay and you can check me on that with the video i uploaded and i can't edit a video on youtube once it's there it's there okay so i know some of you are actually downloading them let's that's fine but go to episode 19 which is the one i just did last night and listen to the 20 minute mark around 10 second in that vicinity and let it play for a minute or so and you'll hear me outline the very thing that you're seeing in your chart right now so the question is going to be how do i know to call that level in why did i know that it was likely to set up a london setup well i'm going to teach that to you tonight so understand this is not the model for my daughter this is not an addition to the model i'm just simply answering questions because i got a lot of them and i'm not trying to push this inside of the model for this youtube mentorship because the next step is going to be can you go into london and do live sessions so we can copy what you're doing i'm not going to do that okay now some of you are going to be upset say oh well see you're not proving anything well if you're not seeing this as proof move along okay just move along i'm only going to do what i'm willing to do okay and i'm having fun showing what i'm showing and it's really enough only those individuals that want to be spoon fed set ups and trades and piggyback my ideas they're the only ones that really push and twist my arm and they're going to be frustrated so i'm just letting you know that's not going to happen so don't ask i don't care how many times you present it nicely in a comment or request it's simply not going to happen it's important for you to go in and find these setups on your own using what i'm teaching so i mentioned that we would drop below that 100 level why did i pick the 99. 92 level okay well if you look at the price action right over here okay we had this run up at the beginning of that candle right there just draw that out in time i gave you about 99.
95 99. 92 level okay a small little range of about three pips that's what i was eyeballing last night now i was talking to you obviously before midnight now there's things that i teach and have in my repertoire that helps me fine-tune the low of the day you know i'm not going to teach that here and then because i have a community obviously i'm obligated to i'm not obligated here okay so i don't want to be thinking you can guilt me into doing more than i'm already willing to do but just know that there's things that i didn't basically use at my repertoire at midnight that will help me fine tune the actual low within about two to three pips sometimes right on the very low but it's not needed okay the idea that i just gave on the fly last night when i was doing the commentary was really simply just rooted on the idea of this extension and ending it right on that candle's high and just eyeballing it so that's what i was looking at i expected it to drop down i'm not convinced that we're going to see this top yet so i felt that it dropped down here and also being a setup going into london that's what i would expect and i'm going to teach you how to use that information if that's what you want to investigate and study on your own but notice that we ran up above these relative vehicle highs and that's what we ran for the intraday price action target so the height of the day that was set initially around the midnight time frame it dropped down creating the entire run lower creating the london low real close to where i was outlining it not exactly obviously but it's good enough for government work and the market starts to rally and it takes out the initial high of the day but more specifically it aims for these really clean levels you have this high here here and here remember i was teaching just like this level here the market does not like to leave that that is not efficient now it's efficient for technical analysis retail 101 where they'll see that as resistance it looks perfect that's what they want because the books teach that the books are meant to trip you up it's flawed logic folks i mean i hate to say this type of thing to certain individuals because they they take aim at me like i'm trying to belittle everyone else it's not that i'm trying to belittle anyone else i'm trying to shake you by the lapels and simply say look listen to what i'm saying don't believe what i'm saying investigate the things i'm stating in the video so that way you can come to your own conclusion either i'm making things up or there's really logic behind it and you can dismiss 99. 9 of the things out there that everyone looks and relies on having your charts as far as analysis concepts or indicators you don't need all that stuff so if i'm suggesting as i mentioned last night in the video that we would drop down here and then start to go higher that sets the stage for what if this is going to be a point at which it reacts and goes higher as i was outlining around this time period in the video that means the opposite should be seen for euro but before we get into that let's fine tune this a little bit more on the 15 minute time frame you can see we drop down creating the low of the day in london open that's our kill zone that i teach here on the youtube channel it's two o'clock in the morning to five o'clock in the morning new york local time so if you are using the time window thing over here set it to local new york two o'clock at five o'clock in the morning that's the kill zone for london open market comes down creates the low of the day runs back up back into an order block here i'll let you look at the lower timing frames and you'll see that is in fact an order block and optimal trade entry and the market starts to create its run up into the relative equal highs sweeping that as a daily objective now if this is the low of the day and if it's what i've outlined in advance and you see that last night beforehand this is what i expected to see price drop down in and then start to go higher at the same time euro runs all the way back up to the previous week's high how is this likely to be a false breakout we have to use inter-market relationships like i'm showing you with dollar index so if you're trading 4x it's important to relate your analysis in the trading market okay for instance if you're looking at euro that's your trading market you have to have a barometer something to measure its movement with and that's market relationships so having that with the dollar dollar coming down to a level outline last night that it would be a bullish area it'd be a sensitive price point to see in advance higher because it's relationship with euro it's inverted so if dollar is going down to that level that level being 99.
92 then it's not a surprise to see euro rally higher as it's doing that but what is the euro reaching for this high and it went so far as to go up above the previous week's high so they really reached up in there took out the previous week's high and at that same instance right there that's when dollar hit the objective i told you last night that would be a buying opportunity for a dollar if it's a buying opportunity for a dollar then it's a shorting opportunity at that very moment look at your own charts and study the moment it hits this level here it's the same moment that the dollar index is hitting that area i was outlining last night for a buying opportunity for a dollar so this is a false breakout because my analysis was done and shared with you openly that that would be a buying opportunity for a dollar setting the stage for what as i outlined i'm bearish foreign currency could i have bought that sure because i'm expecting the dollar index to drop down to that 99. 92 did i no i went to sleep i was tired so i'm not concerned about that i didn't take the short either i don't care i don't want to be in every single move and i'm not trying to trade forex right now but to prove to you folks that are sitting out there asking to see if it can be done in london does the concepts work can i call a move can i give an idea can i do these things before it happens yes but simply because i can doesn't obligate me to okay i'm not here trying to perform magic tricks for you okay i'm not i'm not trying to do that i'm trying to teach you to trust your own analysis and lean on your own experience even in the early stages when there isn't that much of it it's okay you learn to grow gradually all right so the 15 minute time frame you can see that the euro went up into its kill zone here two o'clock in the morning five o'clock morning new york local time so it creates the high of the day so in this price run we're to start stripping it down i'm going to make it very easy and not make this video very long but i'm going to jump right to a very small time frame chart 2 minute has the very clean fair value gap so after it ran above that old weekly high the market trades lower and takes out that short term low now some of you might see this short term low and say well why didn't you use that low instead of this one here well the reason why is the fair value gap forms right here on this candle once that candle closes the very next candle it opens essentially right at that low so it hasn't really moved away and hasn't really shown me what displacement something energetic where it moves away from that fair value gap that's the important factor so we have the parabolic gap here and then it moves lower than that short term low now we have a shift in market structure the market could have came back up into this run here and offered an entry there but it didn't notice that it went a little bit lower that's fine and then rallies up to that level here this is the entry point now think about where your stop loss would be and think about where your entry would be based on what i taught you using new york session this is an opportunity to pause the video and think about the frustrated annotations you're smirking aren't you thinking i'm not positive so you just might as well get on with it ict okay so here we have a zoomed in two minute chart and here is the fair value gap level that you would be putting your limit order in so it gets filled essentially right there remember it's not going to be placed in the marketplace for a shorting opportunity or entry on limit anytime in here because it has to move away from the fear of a gap so it doesn't on this candle here so we have that run through this short term low we have displacement it was energetic move lower away from the fair value gap it doesn't get to it here it goes a little bit deeper we wait we don't chase it we don't go in here thinking oh well i missed the move we still have time see all this over here the kill zone for london open is still open so we allow for that retracement higher your fill here maybe one pipette maybe a half a pip or maybe a full pip above this candle's high that would be your entry but we're just going to use the actual candle high that would be your limit order entry hypothetically 1. 0924 and four pipettes that's your entry your stop also be above the high here that comes in at 1.
0936 and a half and the heat or the drawdown that you absorb hypothetically if you would use that entry point is 1.
