 good morning everybody welcome back to another stream hope you guys are doing great without further ado let's get started incident yesterday we talked about well probably the highest probability of it going down and end up going down very nicely on stream we talked about waiting for 10 o'clock i mean well the possibility of it just doing that you can see it just took out the range high and instantly sort of pushed back down but gave you a nice little entry at 10 but again it's just it pays dividends just to wait get that confirmation at that 10 o'clock as soon as 10 o'clock hits next candle comes down and you come crashing down and just sort of like very nice territories i mean we can look out for a book map again it just shows that same thing just slams it into these high walls comes back down collects these shorts and just shoves these off just for one more chance to say oh look we just went down so we can re accumulate and they came back up just trapped more long than decided you know what enough's enough and they just ripped everyone a new one targeted the weekly low then just gave you guys a nice little soup nice little turnarounds and just rechains back into sort of 50 percent territories from that weekly range which is very nice and just bounce off of that again timing wise came around to like 12 o'clock 11 45 we look at yesterday we see if there's anything sort of just signaling that again 11 30 i mean there was just bills but nothing too important looks like two o'clock was and five o'clock was the times look at those two o'clock coming in here giving you the final sort of yeah in the coffin at this point pushes it down further then five o'clock coming in uh five o'clock coming in here slight push but not too much again nice little sort of points to say hatch around but generally it's just 10 o'clock came in super strong just didn't sort of no one really survived that i guess if you're long everyone just instantly just forgot about benchmark i guess uh i'm checking everyone's just forgot about another dream of higher prices so that's really good comes in gives you one chance for hope yes that this 50 percent of that weekly range super easy sort of to target this nice little buffer then if you were still waiting on some other confirmation to reshor again just had that two o'clock sort of builds up just outside sort of structure here and push in have a look at what that looks like on book map again just traps longs re-accumulates that and we just we go just filter out into that there we just hit enters a bit more long a bit more long here from the sort of insane sort of level shorts pushes those liquidations uh from these sort of shorts that were entered at the weekly low at that break i was in here with re-accumulates uh longs so they can push it down further and further they went now on to what we sort of made a problem expecting from today feels like it might be a mixed bag today we're already at the weekly low we already took a bunch of sort of liquidity where sort of heavy heavy correction gates sort of uh any sort of longs there we go nice little zoom out i mean as you can see there's been a lot of longs at these bottoms so it's just been sort of privy to sort of try drive them out literally just heavy on the short on the downside i mean most of this were just the cascades of liquidations to be fair so we'll see uh when they end up they if they end up accumulating long if they just drop it down further into sort of 20 500 20 uh 250 and so on before sort of going about their day and reversing on this if you look at it uh in the sense of traditional chart wise again there we go grab these guys out came in the only sort of target for outside the range of here i think as long as we sort of keep below here we're still likely to continue going down if we keep our head outside the range again it's just you should really look for it to try hold these lows uh if you want to go long realistically you just don't want to spend too much time uh away uh away from this range ideally you want to work your way back into sort of the high as you can see like the more we spend and these uh these lows the highs we end up just pulling it out but considering that there there are a lot of longs in this in this area here it's just makes sense to at least sort of drive that out of the market uh before sort of continuing an uptrend if they are planning an uptrend but it's just something that you want to look out for so i mean already sort of coming too long here so we'll see if they end up dropping it in this sort of instant we look at today terms of news releases which should have been a it should be an interesting day today uh we already had jobless claims uh nine o'clock we've got another sort of fed speaker uh didn't really affect too much the initial jobless being down is good uh something that you want to sort of show signs in terms of uh longer term trend wise uh i mean continuing increased which is uh it's yeah increased it's by 7k not too much but it still was to be expected after let's say at the Christmas periods over the sort of temp drops are done but it's something that you want to look at and just say you want to keep this sort of down uh you want to sort of have sort of signs of uh sort of labor market fixing itself for any sort of really major change within sort of the market and hopefully come out sort of this recessionary territory that we find ourselves in in terms of other sort of timings looks like uh just got a bunch of data coming in at 11 uh but main things the thing we're looking at is probably 12 and 115 uh other than that the rest of the day sort of clear right offset our sort of 10 o'clock to 11 then have an ablated sort of 1215 or 1215 or uh 215 sort of uh trade window to sort of try reverse whatever ends up happening within this current sort of uh uh trade timing i don't know it's just whatever um in the back there we go i mean most of this drive was caused by es i mean like i said es was in a position where i did want to come down it just was very high just i mean it pretty much cemented itself and saying oh look look at me i'm just collecting long traps here and i want to go down afterwards and it ends up going down uh very aggressively uh my ad um it's uh i mean you can still sort of find itself a bit further down uh god damn it if you look at sort of the owl sort of workers uh we want to potentially walk her out potentially here uh if we're sort of stretching it but it's here or the next sort of daily level i mean it's far cry from very source i guess started here and where we ideally wanted it to be uh it's pretty sort of uh it's fine i guess nothing's sort of too major nothing's sort of too overtly sort of garish considering uh we're just coming back into sort of this range here so we'll see if we try and recoup some ground before dropping it further uh or it's something that ends up just just sort of sweeping on us and going a bit higher but i don't think it's over in terms of going down a bit further at least trying to test out these lows here uh could be something i mean they do have pre-existing volume at these areas just shows that this level is really nice the for it but as long as it holds inside we're sort of probably looking for it to come back down i mean if it cleans sweeps we're probably dropping to just daily low here and before sort of doing anything else uh again could be very sort of interesting to say the least usr you and you look at usr yeah sure again looking at bitcoin on these just playing with support levels nothing sort of too nothing too sort of uh interesting again it came all the way down to 2450 and to get uh to the next one sort of is is that even number again we're trying to look for to hold inside here this sort of trap volume here of shorts as long as it's all coming in around here i think i think we're good in terms of trying to push it up again you could push up higher then drop down further and that's of the you want to consider before sort of committing into uh any sort of longer term swing trades here's oil i just use crude oil the usl i mean she doesn't matter if i just use crude oil crude oil i mean cl crude oil or something like that i think i both i guess i mean there's a drop that we expected from crude oil uh just coming in makes sense finding itself now pins here we'll see if that ends up continuing and and finally meets and marries this level here or if it just holds off of holds off of this and pushes out but generally i think i'm more impartial to sort of saying this uh finds a bit more lower sort of territory again demand be damned just makes sense that we'll look for lower there we go so a nice set of capitalizes itself on that previous volume node gives that support a bit of a spread and as soon as it hits it finds how many orders it wants drops it you know what i mean to look at usl as well i mean do you guys even something i can look at i mean not really the same thing it's just gonna probably looking further down i guess nothing sort of too interesting to say i mean i doubt you any anybody uh i doubt usl is going to be one of the major sort of competitors but if you think no no it's hold on i got it okay cool it's good yeah i mean it's probably see that trend continue down a bit i mean gold sort of holding up its own up here it's not really wanting to clear um in considering uh i mean everything's going down i thought traders will rush to sort of uh rush to sort of move the funds into gold just showing some stagnation above this sort of area here interesting sort of see but if we sort of drop it and the thing that sort of just signify that is a lot of weakness a lot of scaredness mark but i think because we're sort of holding above here the more we hold above the more likely we are to drop again just shows that there's sort of collection uh of longs in that area uh and sort of the counter trades being sort of taken it's a weekly broken and gold it's no it's not okay thank god in the weekly looking like a nice little diamond popping at half i think first half long second half being a bit short could sort of drive it up a bit further we'll see if that ends up happening but just very sort of uh very sort of super uh i mean it it should sort of look like a second leg or larger second leg again we've said this in just longer term wise we'll see how far they drop it when they when they drop gold that should be interesting to see and i mean other than that not really too much why is everything not coming in here is everything just getting removed i mean really not too much to say today uh unless you guys got more to sort of one chart uh pretty like sort of kill couple couple more minutes wait for sort of times to run out we can close it off sign to stack up slowly on this long here so see how far they uh push it up again just like yesterday just sort of pushing it up ahead of time we only want to look at that it's like okay cool they're probably getting we've got numbers coming out 11 uh so it's pretty late i mean so which i think we're just pushing it up this wall looks nice just above this area here if they choose to take it i don't think that's currently in the cars we don't really care if it is or not uh there you go they already removed it like i said i'm not really in the table i just collecting that sort of major sort of long looks like everything else in terms of oh yeah they're just they're gonna end up failing this so it's just a matter of uh when not if at this point i mean it's coming to sort of this uh area here just absorbing taking this time if they drop a bit further after the fact i mean again trade wise you guys know i i always recommend you guys wait for 10 o'clock or wait for the range set up i mean sure you miss or how much this uh is by waiting i mean sometimes you may miss it entirely but that's the risk you've got to be willing to take i mean you miss let's say you you miss a percent or two maybe half a percent but it's just that confirmation's worth a lot more because it gives you an entry and it gives you a relatively safe space to place to stop so i mean that's an easy trade off any day of the week i sacrifice a percent to get uh to get four percent out of the market i mean any day of the week it's just anything more than that it's just like it could be seen as greed again just sort of level head yourself say ah kiko that's all i need because you could always just re-enter i mean it's there i am i'm in the right let's re-enter again or re-add more shorts and then there's your there's your percent or two back again and then you just gotta live like that just trade confirmation i mean yeah always trade trade sort of confirmation piece of mind for profit because you there's no point entering a trade when you won't get any peace of mind out of it it's just you're gonna have to always look at it it goes always gonna have to micromanage it uh if you need to micromanage a trade you're probably not uh not too confident or not in the right trade either or all your execution leverage is insanely high you expose yourself to too much risk and it's a very emotional trade but it'll be wrong nonetheless any sort of more things you want me to chart if you want me to chart some forex pairs go ahead leave them in the chat we'll actually chart those for you guys i don't really want to look at them but i mean if you want to look at them i'll look at them i'm capping off again just giving yourself that sort of bigger sort of short bottom not really they really haven't liquidated these out yet so i mean it'll be interesting to see if they choose to liquidate them first and how far they want to push up to liquidate them if they need to sort of move all the way back into like say 2900 or whatever uh there we go this is back again so it might sort of springboard a bit all things considered but generally again just finding yourself here is not not sort of too bad of a position as long as you sort of hold here hold around this area and from there reverse it i think they're pushed up what's yen been up to okay i would look at yen then uh did they have they had they had news recently did they not uh uh so yeah sometimes i'm stupid this one i've already tried oh that's not inverse man what am i doing with my life yes yeah there we go slowly coming down i guess to be expected i mean it just had like a like weekly was just a nice little ass hat so mark these out now for resistance there we go i mean we had that sort of ever since a large explosion here drop as you can see there's your reference point here which comes in under this is like reading bug map is just your volumes coming under drops it finds its matches for it finds support here pushes higher there's resistance here nice little double top or i mean it's very hard to see but it's a nice little sort of collection collection drops it down further pays us a bit drops it down to the next support nice little trap both ways double bottom and again just traps the volume and pushes it back down projects off of this slowly coming back down now and we want to see where you'll find itself as a support wise uh is any sort of lower territory we're looking for support wise that's the thing i mean all things considered there's your trap push it back down it's just been holding here which is nice uh of some level of confidence i guess uh we'll see if they come down a bit lower that's the thing sort of coming into sort of retreat retreating back in sort of newer not newer territory but sort of old ground that hasn't been trudging on for a very sort of long time that's something that you want to look at but we do sort of have this level that's felt present that it's at all it's already come to and there's just stop where it ends up stopping anyway so we'll see again these volumes of if there's trap end up pushing it further off of this it'd be interesting to say the least i think this is a weird way around because usdj suggests uh i don't know man i don't care anymore and again just coming back hits that volume push the bag down holds off this get it should be sort of where to sort of want to reverse this uh just sort of the only basis of what already already happened what already happened on these two candles uh but i mean worst things have had has happened already i mean weird i mean the other things already has happened so maybe we get something like this push it down sort of break the lows here then sort of try reverse it see if we can do something like that i mean if we get something like that it could it could be nice it could sort of uh take this out i mean just four hours just instant sort of burn kind finally sort of i mean it's mellowing out there's your short set of a trap push it back out i think they're just trying to reach as much or trying to get as much as long as they possibly can it just looks like the greed play again greed play always gets sort of tough out we'll see if they end up just doing that and then sort of something like they hold this then you're looking for lungs really down it's just it's just repeat and everyone's cancelling the plans for the bear mark and for the bull market i don't know very fickle and in nature i guess people i'm stopping why it's not really too many places i mean we do have a bunch of places marked out on on here 19 very sort of even numbers we have this area here which could be nice if we find ourselves here then in terms of re-swinging in terms of longer wires just coming back up and this becomes the top but realistically like if we're sort of coming back down top should be around here in terms of retesting it and we'll look sort of where this ends up doing this but again you could expect both and just trade whichever comes first and if and the if one looks better than the other just prioritize the that one you know you can be with some non-committal as i am it helps how you sort of temper expectations and really nothing too much to say from today we see where ES and ES ultimately unwinds at i mean it's already looking like they're taking those shorts out we'll see if they end up just pulling up to then come back down whatever the deal ends up being so we'll see if we get something like this to sort of run at these lows and get that revisit to 2500 and sort of get that shift back into sort of higher territories again could be interesting day just be mindful of the time means that you need just a couple of speeches not too much in the way of things i guess could be very sort of crazy following sort of 11 so especially with sort of oil changes so maybe we end up looking better for oil i mean yeah it's going higher before any sort of major news releases so it's probably something that you want to say again it's just whatever it does prior to the time 11 o'clock here if it does this you're just doing the opposite it's just it's nine times out of 10 it works it just works obviously you want to pay my attention to sort of what level it's at but other than that nothing really too much to add maybe if we find ourselves here especially here at 11 you're probably looking to hit it down i mean it's already looking very sort of heavy on that long we see what opens brings got the hour after opens sort of monitor things so it'd be very sort of interesting but that's pretty much what i got for today thank you guys so much for coming hopefully you guys enjoyed the stream found it educational or whatever or whatnot i'm just too tired at this point i don't know man when we keep switching just can't stabilize it which is very annoying but again thank you guys so much for coming i will catch you guys tomorrow if i don't see tomorrow hopefully you guys have a lovely day have a lovely weekend trade safe peace