okay folks welcome back

this is going to be a lesson on

institutional order flow and secrets of

efficient price delivery in 4x

now what i'm going to be showing you is

the fingerprints of algorithmic

signatures

and this is one of those higher order

price action lessons that i would only

give to a charter member

okay institutional order flow and

secrets of efficient price delivery

in forex we're going to be introducing

the

interbank dealing range

external and internal range liquidity

weekly power 3 hierarchy and

institutional order flow

how ipta the interbank price delivery

algorithm delivers efficient price

and a weekly low delivery

so when you look at price action and

i school all my students with the

thought

process of removing this

insatiable need to have indicators on

your chart

i'm going to show you why indicators are

not

required by actually putting on an

indicator so i'm

saying this up front okay i guess

there's people

making youtube videos about me saying

that i use indicators despite me saying

i don't

believe that anyone should be using

indicators so there's a context

okay that you have to have and i'm only

going to be showing this in contrast

so you'll see that the visibility that

my concepts and

processes allow me to see everything

before your indicators will show you

overbought oversold and things of that

nature

alright so this is kind of advanced

so if you're new to my work

it's probably going to go over your head

in certain parts

for some of you that have been familiar

with my youtube channel for years

you're going to see some things that my

mentorship group

is very familiar with and you're going

to see things

that you've not been exposed to anywhere

else

this is the actual market this is how

the markets book

this is how the price is created

and presented on your charts

it's not patterns okay it's

efficient delivery and i'll explain that

when you get into the chart so let's do

that now

all right folks we are looking at the

euro dollar this is a 15 minute time

frame

and the data that i'm displaying is from

the feed that's

offered on trading view for forex.com so

that way

if you want to compare and contrast your

own charts and look at what i'm showing

you here

that way everything will be on the up

and up

all right so i want you to look at this

segment of price action

and right away i already know

and anticipate and it's unreasonable for

you to understand where i'm going to

draw your attention to

but i'm going to hopefully pull back the

veil

a little bit and show you how these

algorithms

operate and where they reach for for

their

data okay which is what i teach as a pd

array

critical highs and lows um areas of

inefficiency where price needs to

most likely go back to and rebalance and

i'll explain what that is when we get

into the

video but looking at this price action

there are specific things that are

important

and it's not obvious to traders unless

they're schooled to look for it and

no one out there has ever revealed this

before

no one has ever explained

how these things occur you always have

these little pieces of things and

it feels like you've always been in

search of that next

thing if i could just figure out that

one thing that unlocks everything

and while this lesson isn't necessarily

going to do that it's going to

show you again i have a very deep

cookie jar okay the

the lessons that i have taught publicly

and even in my private mentorship

they're not done they're not they're

nowhere near done and

there's so much more depth to it so i'm

going to kind of

bring you into this and even my charter

members have not been exposed to this

so i want you to number one appreciate

the fact that my

willingness to do this is

very charitable okay so i don't need to

do this i do this simply because

i enjoy it and it's also kind of like a

way for me to snub my nose at the folks

that think they know everything because

they got a couple videos on the slide so

we're looking at the euro dollars the 15

minute time frame and i want to

take your attention to this area right

over here now everyone knows because of

this youtube channel

made it very public and now everyone has

it in their analysis and that's great

because that was reason why i shared i

want everyone

to learn from it and grow from it but

these relative equal highs

above that there's going to be buy side

liquidity

and below this area here would be

sell side liquidity but if you're

looking at your chart

and say this is the chart you have at

the time and say this is mark to market

right now

real time wherever you are in the world

this is what your chart looks like

what do you use to

glean any kind of information well

i'm going to introduce the interbank

dealing range

and what that is is a specific

range okay you've probably seen

even my videos in the past as well where

i'll take a fibonacci and i'll lay it

over top of a particular price leg

or a particular swing low to a swing

high or a swing high to a swing low and

perhaps you looked at that and thought

why is he picking that swing and not

this swing and i've had trolls in the

past

you know say you know he doesn't know

what he's doing it's just he's cherry

picking

i'm going to show you one of the things

that i do

and it's based on how the algorithm

refers to old data

your indicators don't calculate on the

basis of this
your school of thought and retail things

that i even studied two folks

okay i started in 1992 and i was

actually introduced to technical

analysis back

when i was 16 which was years before

1992.

my uncle actually was trying to teach me

technical analysis back in 1988

and being a young man i really wasn't

all that interested but i was

being exposed to it at that point

overall oversold trend lines and that

such

so but in 1992 i formally

sat down and began my learning

november 5th 1992 on a thursday night

at 9 00 p.m so that's one of those

moments in my career i can look back and

say all that started then that was like

my birthday as ict

none of the books i purchased none of

the courses i purchased

none of the seminars i attended all

those things

never really got to the heart of what

makes price move

why is it doing what it's doing and

this is one of those lessons to show you

just how much is actually going on

behind the scenes

that you're never really exposed to i

want you to take a look at this

area here where the bicep liquidity is

do you see how we ran above that

with this price run and now also

can you see how this swing low here that

starts this price run was taken out with

this

movement here so we have two reference

points

one this is a run on external range

liquidity that's over here

and this low here is a run

on internal range liquidity

now while i'm not going to go into great

detail about what exactly is internal

range and external range liquidity

it's important for you just to

understand that i'm calling

reference points to this low

and these highs and we have cleared the

board if you will

on both side sell stops below this low

have been taken out

and buy stops above these highs over

here have been taken out with this price

run

so that means we have a specific

price range and i'm going to show you

that now

we have this new low and this high

what that is is the interbank dealing

range high and low

what it specifically draws attention to

is the most recent

run on liquidity above the marketplace

which is buy side liquidity

and below the marketplace which is sell

side liquidity

so once you have arrived at a particular

swing that has done both rand buy side

and sell side

now in this instance you can see how

price has ran by side above these

relative equal highs over here

it ran all that buy side liquidity out

first then it ran for this area here

which below that low would be sell side

liquidity so in this instance

the macro was run by side first then

attack

sell side where it could have started

running sell side first and then

running buy side but you would use

whatever those key highs and lows are

that runs both sides of the marketplace

so again it's not

important for you to understand this at

all

at this point just know that that's the

framework i'm using

i teach internal range and external

range liquidity and dealing ranges

but it's beyond the scope and time

because it takes multiple lessons but

i'm introducing it publicly here

because i just want to show you

i just really want to show you something

that

transcends everything else okay and

you'll see the logic and you'll also

start to see some of the things i've

made available

for free on this youtube channel how

they plug into this

narrative and it becomes like swiss

timepiece

it's perfection because if these markets

are in fact

rigged if they're controlled there's

going to be signatures that prove

that they are and they're going to be

precise and they're going to be

predictable

they won't have any

area of randomness if if you will okay

so
this area here in this area here i have

done

introduced that so both by side and

south side liquidity has been purged now

this low

and this high that's your range okay

so if we scrub over

you can see how we started to run higher

and once you have that

dealing range okay the interbank dealing

range means that there's going to be

a lot of interest in seeing

price return back inside this range to a

particular price level

now as retail traders we're

indoctrinated

to think in terms of buying when the

markets are oversold

and selling short to markets when

they're overbought

and right away you look for things and

you probably some of you that are really

hawk eyed you've probably already seen

this thinking oh you see he's using

indicators the whole time he's a liar

he's a liar he's trading divergence on

percent r

i'll bring this up in a second but we

look at

price action in in my group in my

community

i convey the importance of just reading

price action because it'll give you

overbought oversold

by understanding the ranges that you're

trading in a lot of folks don't realize

when you're looking at overbought

oversold indicators or momentum

indicators

the mathematics behind that they're just

looking at a predetermined

range of bars okay and then whatever the

highest time where the lowest low is

then it plots that and it gives you what

we understand

in the retail universe is overbought

oversold but you don't need that

okay so the line that you see here this

orange line

i'm gonna outline what that is if you

take the high here

that ran the buy side liquidity and then

this low here taken out there

that low between this low and this high

if you find the exact midpoint and the

way you can do that is use a fibonacci

to get a 50

level that's really the importance of a

fibonacci to me
the 50 level because at this level

if price goes above it while inside this

range between this high and this low

we are at a short term overbought

scenario

now by itself it doesn't mean anything

if we can

draw some kind of parallel to something

in this price leg

when we are above that midpoint or

equilibrium

then it's more salient it's meaningful

it's something that we can

take action on okay just because we went

above that doesn't necessarily mean that

there's a setup that i

as ict would take now it means that we

can anticipate

some measure of a decline but that might

not necessarily equate to a short

okay and i'll explain as we go along but

as we go further into price action we

start a new week here

so this is all price action from last

week and monday's trading

starts here and then we go deeper above

this high

and deeper in reference to this high to

low

see how much higher we are up here

we aren't going back to this high all

we're trying to do is look for periods

where it trades above

this orange line the the darker one

next i can take this line off as a

matter of fact it's already talked about

the liquidity pool so let's take that

off

and that will probably make it a little

bit easier for you to follow along

so this was the initial run above the

midpoint okay

and anytime we get above the midpoint of

a particular range

the algorithm sees that as a premium

okay and what does that mean

it means that it's too expensive okay or

approaching

expensive now much like in the same

idea that overbought number sold

overbought conditions can stay

overbought and the market can still go

higher

so don't don't misunderstand what i'm

saying here

and saying that whenever we're above the

midpoint that's a

easy slam dunk overbought or shorting

scenario
you have to reference things inside this

price leg okay so inside this price leg

there are specific things that we look

for that if they line up with time and

price

not price and time time and price

then you'll see a high probability

scenario unfold

you also bring in day of the week

so day of the week is as i taught even

on this

youtube channel and back in 2010

i shared it publicly on baby pips where

the algorithm when we are bearish now

if this is the first time you've watched

a video by me i promise you if you go

through other videos

you'll hear me discuss this in great

detail it's not being form-fitted it's

not cherry-picked

and also if you watch the video i think

it was five or six days ago

from last week where i even tell you

there's a particular price level 11740

was my short term target one euro dollar

and if you go and watch that video if

i'm not mistaken i think it's like a 15

or 20 minute video so

it's not hard to find but go back and if

i don't
if i try not to forget i'll add the link

to the video where you can actually hear

me talk about

1740 as my short term target so

and price is up here so

while that's a target we have to have

something to

provide the catalyst to send price to

that particular price level

so we transitioned from last week into

new trading week here

and when these price action trades up to

this level and

we consolidate and then tuesday which is

what i teach

if we are bearish on foreign currency

and i have been bearish and i mentioned

this publicly

in the youtube videos that i've been

putting out last week i said that i

have a modest bullish stance on dollar

and foreign currency lower

and i gave you a particular price level

last week

okay so i forecasted a very price level

that you see highlighted here on this

chart

117.40 and i'll i'll even show you why i

use that
level okay i'm going to pull back the

curtain and show you everything

but i'm on record days in advance

telling you that that's where i think

it's going to go now i'm gonna pull

together the things that i have taught

some where in these library of youtube

videos i have

i don't know exactly where i have

everything because i've done a lot of

videos and

off the top my head i just don't know

where i have them but it's taught

but i teach that when we're bearish

there's a 70 percent likelihood

that the high of the week will form

on tuesday if it doesn't form on tuesday

it will occur on wednesday but if it

does form on tuesday

you'll still get a very strong sell on

wednesday as well

so your focus should be where is price

drawing to where's where's the next draw

on liquidity

okay if we're bearish and this was the

range that we've outlined here and this

is

what i'm teaching you how i interpreted

price action going into this week for

euro dollar
then if we're bearish we anticipate a

run below this low it's going to leave

that dealing range because it's already

done its work here on buy side and

if you subscribe to the same view i was

holding for weeks now

that there's a modest not extremely

strong but a modest bullish stance

to dollar if dollar goes up there's a

more likelihood that the foreign

currency markets will drop

okay that's the normal ebb and flow so

if we look at the relationship of that

range from high

to low and now incorporate days of the

week

here we have tuesday tuesday we

started monday late and crossed over

into tuesday

and then as the market makes its run

above

this level right in here okay this level

here

is an hourly candle

signature and it's a rejection block

you're teaching mentorship michael no

i'm demonstrating my creations

i have the right to do so and it still

won't
help you you have to have me

teaching you using it ahead and then

showing you how it plugs in play

mentorship videos is not the same thing

as

you have my entire mentorship i'm not

anywhere near done

but because you may have this in your

notes or you see it in other people's

charts

they don't know everything about these

things it's just

a new thing it's a new pattern it's a

new harmonic

animal it's a new uh gimmick okay

it but nobody else but me knows this

stuff and it's it's

important you understand that but if we

take a look at how price runs above

and i'll show you exactly what this is

what makes that a rejection block

as we zoom out and i'll show you why the

1740 level is important too but we

are now looking at two things we're

trading at a particular price level

which is a 60-minute rejection block and

day of the week is tuesday while

price is expected to go lower

in foreign currency and dollar higher

okay well if we scrub one over here

price goes up on tuesday trades the

rejection block

and look how far we are above that

orange line

again that's equilibrium so anything

above this line is a premium

so that's where your high probability

shorts are going to occur

but you have to have it in reference to

a specific price range

this is the interbank price range right

here

this is the dealing range in which the

algorithm is going to work within

it doesn't need to go up above this high

here because it's already done so

so the last time it ran liquidity in

this range was

taking out cell side so what it'll do

is it'll create short term highs

to do what every time it creates a

short-term high and

starts to trade down traders will go

short and they'll put what what above

this level

new buy stops to protect their shorts

so willing buyers have orders resting

above this high

and the market trades above that what's

what's absolutely happening

they're accumulating short positions who

is the interbank traders

you don't see them they're not on cnbc

they don't write books

okay but that's what's going occurring

above this high

they're shorting they're selling to

those buy stops being activated

these individuals that were selling

short they're now neutralized they're no

longer in the market

but their order was counterparty to

interbank traders

that now hold a short position same

thing

the market drops down the algorithm

delivers a small little

decline what starts to build above here

more buy side liquidity buy stops

because now this one failed but this one

really

is the high in the marketplace so they

can go short

the market trades down a little bit

gives them that little cookie or they

chase it down here and they put their

stop-loss above here what kind of stop

buy stop the market runs above that on

tuesday
takes that buy side liquidity out and

interbank traders sell short to those

buy stops

so now they have built in a bank of

selling

in here and in here now this is when it

gets interesting because now this is the

day that we got teach

and have taught publicly that the high

of the week when we're bearish will form

70 of the time on tuesday

what's the high the week so far tuesday

so the market trades lower now it leaves

all of this price action right here by

breaking down

so this high

this low and this high here

on tuesday i taught you how to look at

market structure and how to validate

those breaks in market structure so you

can trade with them

when the market trades below here when

we start seeing go back above

this midpoint or equilibrium this is

the wednesday selling opportunity

remember

the weekly profile is likely to trade

lower

okay so weekly power three is we open

make the high of the week on tuesday and

then

start trading lower into wednesday

thursday or friday to

attack a low to make the low of the week

the low of the week i even told you last

week was 1 1740

that's my target i'm looking for euro to

go to 117 40.

putting all this together when we broke

down on tuesday

look at this area here doesn't look like

a bear flag it goes down a little bit

gets everyone thinking it's going to go

lower and then rams it right back up

into

the breaker trades on wednesday

again london session

then it cascades lower then every rally

from that point on

it's only going to rally to a point of

inefficiency

now what does that mean let me take this

level off because now we've already

used it and it's accomplished the method

already so we don't need to reference it

anymore

and i'm going to zoom in

now on wednesday when the market starts

to really start to take off and go lower

every time the market creates a little

small gap

in price now think for a moment okay

the ideal scenario is dollars bullish

foreign currencies bearish we have now

made a high or

potential high of the week on tuesday

and wednesday it's selling off

so we can trust that this is likely to

draw down to our objective which is 117

40.

i promise i'm going to show you why

1740. but for now just follow along

every time that the market gets ahead of

itself and trades

quick with large ranges or in this case

on my chart i have a down candle as a

black candle

if it creates a little pocket where one

particular candle

okay only has the black

range on one candle that one singular

area

okay that is a fair value gap that's my

creation

that's mine that

little area in price action it's if you

just understand that little piece of

the puzzle within a narrative you don't

ever need a job again

you do not need to work

for your money you have to have a bias

are you bullish or you're bearish okay

if you're bullish

how high is it going to go up what's it

reaching for

it may not get right to that level but

if it's long as it's drawing towards

that level

and wherever the market is there's range

of potential

pips that could be harvested in there

again your setups are not always

about getting to the target it's as long

as it's moving in that direction

you can bank something along the way and

you can fail to hit your targets

but you still profited so it's about

making money when you're wrong

if you're bearish same thing you're

looking for where's the market likely to

draw to

i told you all last week 117.40 on your

dollar

so now we started a new trading week

do we throw away everything i've ever

always said about the weekly range

no if i'm telling you that i'm

modestly bullish on dollar and i'm

bearish on euro and i think it's going

to go to 1740

without really saying it what does that

really say that

i should be looking at reasons for the

euro dollar to go lower

okay so if you've studied this youtube

channel that means

what makes the market go lower and what

does it usually look like okay we got to

start a new week

it trades up makes the highly weak on

tuesday okay if you missed the high of

the week on tuesday forming

wednesday is your next opportunity

that's what you're seeing here this is

wednesday's trading

now watch what happens this strong break

here below these lows

that one singular candle right there

creates a fair value gap

what is that

let's use the box here this low of this

up close candle

here and the high of this down closed

candle

right there that's a fair value got

the market trades right back up and

rebalances
all the down candle the black candle

okay

i'm going to take this box off because

it's going to get in my way and it's

going to drive me nuts it's probably

driving new nuts too but

and in fact let's zoom in

too because i really want you to see

what i'm showing you here

so all of this black candle from

the low

and the high of this candle here

this is the area that ipto needs to

rebalance

okay so if you want to know

how efficient price action is

the market trades up into it trades all

of this

down movement in other words think of it

like a paint roller okay

you're ready to paint your wall in your

home you get your paint roller you put

it in the pan

collect a lot of paint on it then you

apply the roller to your wall

and you stroke up or you stroke down

depending on whatever direction you go

forth first

and it'll roll out evenly real thick

ample
delivery of paint and if you keep

rolling enough eventually you'll start

seeing little pockets

well imagine that paint roller here

starting and it's starting to go down

okay and then this is one of those

little pockets so if you see that what

are you gonna do with the paint roller

you're gonna leave it like that no

you're gonna roll back

up to fill in that little area that's

what's going on

every price range in 4x in any other

market for real

needs to be efficiently traded too okay

and if you ever studied auction theory

this is the real version of that because

auction theory is just

part of it when markets deliver on the

downside

to efficiently deliver that price

between the high this candle and the low

this candle

there's an imbalance from the previous

candles low and the next candle is high

it only went down between this candle's

low and this candle's hot it went down

notice that that's what i'm highlighting

here so going in the future

at some point the market's going to go

back up

and offer buy side delivery so this is

sell side delivery

where the market's going down for that

range between this candle's low and this

candle's high to be efficiently

delivered

the algorithm has to go up between this

candle's high and this candle is low and

it does so there

once that occurs this becomes a balanced

price range

what does that mean it's balanced it's

not imbalanced

it doesn't need to go any higher than

that it can as you can see a little bit

here

but that's the that's the hierarchy of

order flow

you have to understand how if a market

has delivered

an up candle at some point

in the future it needs to come back down

through that same range

to offer sell side and vice versa so

this in itself could be a target or in

this case it could be an entry strategy

so you could go short here and

anticipate price going lower

very very similar thing happening here

we have a low

and a high and the market goes right

back up into and delivers all this

downside it gives it by side

again and it rebalances and then what

happens in price

it trades lower until we get to what

fomc so we have fmc

nonsense at two o'clock in the afternoon

it goes back and forth whips around

that's normal because it's clearing both

sides of the marketplace

it's clear in the stops above this

short-term high and it's clearing the

stops below this short-term low

so everything has been cleared so now no

one on the short term

is holding a position they would have to

have their stop way back here

and then the market starts to do what it

creates its downdraft again because what

is in play

lower currencies higher dollar

so we see it again we have a low and a

high

rate in here there's an imbalance

that's a fair value gap so sell side

delivery's been offered so in this

candle it goes right back up inside the

pocket of this

high and this low that right there is

another shorting opportunity you can get

short

there you can place a stop boss above

here

and walk away the market trades

back up trades deeper into this area

not by much above that but you can see

all the way to the point of this candle

here let me add it

so you can appreciate it but this is

where if you take the trades

using this you can suffer

some time delay and a little bit of

drawdown

like for instance say you sold short

here you'd have a little bit of draw

down in this candle this candle this

candle

this candle might have excited a little

bit there

thinking it's going to finally break but

it goes all up to this level here

it doesn't completely fill it in yet and

then finally gives up the ghosts and

trades lower

you see that so all of this area here

doesn't quite get filled but then it

breaks this low

when it does that that's indicating that

this right here

is a really strong indication that we're

going lower

and it's probably not going to come back

up to this price level we're going to

probably see

much more pronounced delivery on the

downside

and scrunch this up

market creates another run below this

low here so we have this

low and this high so what's actually

happening here

same thing price is going back up into

this candle

now here's a real gem

okay this low

and this high

price has went down gone up

and then down to this price point right

there you see that

so all of this is a balanced price range

the market has been delivered on the

downside then it's delivered on the

upside

and it's down again so when the market

trades back up here

it's not listen folks this is really

important

it is not support broken turn resistance

that's what's going on here that's not

what's

that's not what happens if you're

looking for key support resistance

levels

if you have this signature here where it

breaks through it

then comes back that point where it does

that

then yes your support resistance

theories will work there

but whenever it doesn't have this and

you're trying to find a

old low and you're looking for it to be

broken and you're looking for resistance

it's not going to work unless it has

this okay it's not going to happen

so in other words what i mean by that if

it starts to go a little bit lower it

stops

here and it starts another little candle

here and goes a little bit lower and go

lower

i would go back in the 90s and i would

say okay this is a

support broken turn resistance and i

would try to sell short and either

it never went back up there or if it did

it went right on back up inside the

range and i would lose

and i would walk away thinking this

support resistance stuff doesn't work

for support and resistance to work it

needs to have this little signature

right there

okay it's an overshoot through that old

low

after it has shown a balanced price

range and again a bounce price range is

where price delivers on the downside

and the upside so what do i mean by that

the market has offered

time and delivery on the downside to

anyone that wants to sell with that

movement they had an opportunity to do

so

but what about the buyers they didn't

really get a real good chance to buy

at their at their price levels so the

market goes

up and allows that to take effect okay

but what's going on there

as this market's been going higher

anyone that wants to sell below these

lows

on a break they haven't had the

opportunity to do so because the market

keeps going up

well they've been now given that

opportunity here

you see that delivery of price

is balanced back and forth it's not

buying and selling pressure folks it's

not it's absolutely not

all of this is a narrative within the

context of the market trading to that 1

17 40 level that i told you last week

about

on youtube it's public i can't edit the

video once it goes on your server

so right here we have an opportunity to

sell off and now

the market starts to cascade again lower

here you have a bear flag ooh look at

that classic chart pattern and right

into what price level is that

one 1740. now to get one 1740

it's got to go a little bit below that

right what's the low

117 37

there's your spread so

what happened after it traded there did

it

rocket through that did it dilly dally

around

off to the races

now you knew about this level last week

you knew about the weekly high and lows

forming

on tuesday 70 of the time if it's bears

it's going to create the highly week on

tuesday

if you look at this chart here

and really take in whatever's outlined

it's really hard to argue against these

markets being manipulated

100 controlled absolutely

predictable certainly

rejection block let's go to the hourly

chart

highest up close that's what i'm

highlighting there

it trades to that and then rejects

breaks the swing low this is a breaker

okay right in here and it's also your

point of reference for market structure

being broken

bam and then the narrative starts it

goes right to the level i told you it's

going to go too

now why 1 17 40. let's go back over here

all the way back here see all these lows

what's resting below that let me go back

a little

see these lows these lows

these lows these lows

all of them have been reference points

for trailed stop losses what kind of

stops

sell stops right in here

you see a series of down closed candles

that starts

your bullish order block there's a small

little price action

segment right in here that's a gap

that's that fair value gap

you're trying to tell me no i'm telling

you

i told you last week 1 17 40.

that's the basis so if we go to a

four hour chart

what's this candle here that's the last

down closed candle before this move up

this last down closed candles high comes

in at 1

17 41 and 3 pipettes so if it's going to

reach down in here

i'm going to round it to the nearest

round 10 level

117 40. we have liquidity below here

and here and then bam we tag through it

and

there's your run there

predictable i'm on record even with my

mentorship group that

i was looking for that run we were

looking for that last week as well

so but you have to have the market

provide all those things

with time first

that's day of week time of day and

within a narrative which is what bearish

foreign currency

bullish dollar and the market will

give you what you're looking for but you

can't just simply say

every up close candle put a down move

every down close can look for up move

and that's all you got to do

now there's internal range liquidity and

there's external range liquidity that

helps you frame a narrative

and that's what mentorship is with me

it's me guiding you through almost three

decades of experience

and things that i haven't even put out

in video or lessons yet

because they have to be introduced

gradually not because i'm dangling a

carrot

not because i'm teasing not because i'm

making it impossible for anyone to ever

learn it

there's so many things there's so many

things that you need to know

because these algorithms they're highly

technical and there's many macros that

they go into

and you have to know specific things to

see what they will do

at certain conditions in the marketplace

so

i'm not sure what you took from this but

it is absolutely what i teach and i'm

going to go back

into that 15 minute time frame

and we'll scrub up here a little bit

like that

add the annotations back

okay and now i'm going to pull up the

overbought oversold indicator now when i

was trading in back in the 90s

larry williams was my hero and in fact

he really still is

he was my original mentor even though i

was really introduced to

trading by my uncle uh didn't really

learn anything really from him obviously

not to be disrespectful but

he he put it in my ear but i wasn't

interested back when i was 16 but

in 1992 the first mentor i had was ken

roberts and i lost money

so i have to give credit because

that course that i purchased put me on

the mailing list for larry williams

uh material and then that was my

real mentor because the things i learned

from larry actually made money

and it went into my account whereas the

first trade i took with

the things i learned from ken roberts 50

of my money was taken in the first trade

overnight

with an orange juice option so

you all heard the story before anyway i

like

the idea of a percent r still if i had

to talk about

a overbought oversoul indicator if i was

going to do that

this would be the one i would use

because it's it makes sense to me

but if you look at the percent r

we're overbought because we're above the

midpoint of this area here

this should be a overbought reading in

the percent r it is

this should be overbought it is

this should be overbought it is this

should be overbought

it is i don't need an indicator to tell

me we're overbought
because i'm looking at the range that

matters most

and then clearly within that context and

a narrative that i'm bearish

euro bullish dollar i have a target

where is it going to draw to 1 1740.

you knew it last week

on thursday's video of last week i

talked about it

i said that's beyond the scope of this

discussion because i was teaching you

this price run here and down into the

market maker cell model

but that's not a short-term trade that's

a day trade

a short-term trade we have to use this

high

and this low because now we have a new

dealing range

so the market trades up into that range

here not taking the high

out it's just moving into a deeper

premium and then what happens the

algorithm on tuesday

sets the high of the week bam

seeks the low of the week that i gave

you last week

that was my target we've been looking

for that okay traded to it

now what can happen from here

well let's take this off real quick

it could very easily trade on higher and

take these highs out and maybe even go

up above

this it could do that i don't care

when i say i'm looking for the weekly

high and low sometimes it is the actual

highest high and the lowest low of the

week but look at the reaction

if you're short okay say you short here

do you feel comfortable writing it all

the way back that far

if you do god bless you

that's that's real conviction i'm not

interested in something like that

so if i'm trying to get short here or up

in here

i'm aiming for this and once it hits

that i'm done

why why not hope for more ict

i thought you were a real guru

well this is the target i'm looking for

and this is

likely to occur once it gets to that

level that's why i want one seventeen

forty

because i don't wanna ride this out

because the more it keeps going higher

the more likely it is to trade against

the liquidity above here

and now these equal highs and then if it

goes above here

then that unwinds the whole narrative

that i used to build the context around

that 1 1740 level

so let's get this off because this is

blasphemy

and looking at again price action like

this naked

it feels like it's it's noise it's chaos

but everything in here has a reason for

it occurring and i teach this

this is not in this is not a new

introduction the only thing new i gave

was defining the interbank dealing range

and what makes it such and in summary

you want to look at where the most

recent dealing range has traded did it

take out buy-side liquidity

did it take out sell-side liquidity it

need you need to find those two

most recent demarkers

and once you know that that's your

current dealing range

on the interbank level for any time

frame

any time frame okay using a 15 minute

time frame that's like my bellwether

i can find a lot of setups with a

15-minute chart

and if you use an hourly chart

you'll come up with a different dealing

range so don't think well what happens

if i look at the four hour chart and

then that doesn't

look like it does this until you trade

the time frame that you're looking at

this is the time frame i used the

narrative was already in motion

modest higher prices and dollar lower

foreign currency prices

and this is her dealing range okay so

you use

last week's information to tell you what

this week's going to do

and this weekly profile i even shared

that publicly

bearish week okay tuesday's high of the

week seventy percent of time

and you can get a really good sell

signal on wednesday

there you go folks listen

i hate to sound like i'm twisting

everyone's arm okay but i get

a plethora of emails from people that

say the markets are not manipulated

you're talking lies there is no

algorithm there's this and this this

listen i'm only going to provide the

evidence

you wrestle with that because you're not

going to convince me because this is

what i use to call the markets

this is what i do to engage price this

is how i call the targets

find the logic of anything i'm showing

you here and anywhere else

it doesn't exist it does not exist

because this is self-reliant

it's stands on its own i don't need to

defend that's why i tell everybody go

through my videos

and then wrestle with it because you're

either gonna walk away thinking this is

too much work

okay great you didn't debunk it

or you're gonna say oh my goodness

this is exactly what's going on hello

conversion

and that's all it takes to stick your

foot in this web

and you'll never get out of it alive

period

once you see it you cannot unsee it

and every week every day

and it won't stop until next time i wish

good luck

and good trading