 and higher and higher and higher that's just not our trade all we would do then this would then turn into what kind of CPR would this turn into by the way do any of you know there's a specific capture pain relief um um uh trade that we can take advantage of anybody know mark traded dex note add a note mark no all right cool it's known as the level cpr yeah it's the level cpr so with a level cpr ah yes hey yeah it's a level cpr and i'll break it down for you right so if price continues to keep going higher let's say for example there's a trade deal and it's going higher you see these guys right now who don't trade with stop losses or who don't like to accept the loss what's happening right now to them they are going through they've been captured in their position because they went short um into the weekend thinking that you know non farms was going to continue going lower right this was the expectation you've got resistance resistance resistance traders can't help themselves they're going to get short and it you know and it's it's i can't blame them if you know i mean to it to from the perspective of you know non farms came out it was disappointing etc right but if they don't trade with stop losses yeah or they move and keep removing their stop losses and prices keep going against them this is the capture phase they've been captured and once they've committed capital this is the commit the capture this is the pain phase as prices go against them and if price comes back down to this area this is going to be the relief yeah if they went short on that trade what do they have to do to exit their position when they get some pain relief they have to buy buy exactly exactly Adam nice outside four hour calendar to short trade exactly exactly look what you're doing there yeah is brilliant yeah because you're looking to see where other traders would have been getting in on that four hour yeah that price action would be very convincing because traders trade four hour time frames right so that you know where their stops would have been if they're trading with stops if they're not trading with stops you know that they're in pain right now yeah if they get took out loads of other four hour candles so that's a big one yeah there you go right that's exactly it think like the trader that's been caught in that position think of the former you i was saying this to Adam earlier you know Adam was saying this to me i should say that he was saying that you know with support and resistance he would have been trading certain you know setups yeah this was what he may have been trading before he met you know me and joined trading 180 now he understands that this is his old self yeah this is his old self and you're trading against your old self your old self was a losing trader you know not to you know put it you know in uh in those terms but you know it was uh he wasn't doing too well as your old self and this is how you take advantage of your old self true for me too absolutely you're not trading you're trying you know the the the point of capture pain relief yeah and trading in general this is the zero sum game yeah this is a zero sum game in action yeah for someone to win someone else has to lose and this is how we take advantage of losing traders and discipline and traders who are not disciplined yeah now they're going through the pain phase instead of wanting to maybe risk 2% on the trade if prices keep the further price keep going up now they're down 10% now they're down 20% you know they out there down 50% they've blown their account they're adding into trades etc what do you think they're going to do here they're going to have to want some sort of pain relief yeah right there and then it's time to do what buy because not only do we have buy by orders from these guys looking at getting out from their uh from their pain we have new traders yeah who trade what levels of resistance resistance resistance resistance resistance should turn to what support yeah should be support and if they if this is support what are they going to be doing buying which is demand yeah so look sorry loads of demand right here coming into the market and then we have the traders jindu you say account to this analysis gold is now in relief yeah all right i'm moving to gold in a sec yeah i'm moving to gold just after this so so you know the pain phase is occurring and then the traders that may be getting short here yeah are going to do what at a level of support and resistance what are they doing they're going to be taking profit and if they sold here and got short here then they have to do what to exit they have to buy to exit yeah and so this is net net this is all demand demand orders why are we more likely to have some more supply orders than demand again we could have risk off fundamentals and risk sentiment trump everything yeah so regardless of this technical analysis you know emotions are going to you know run high if there's risk off etc so as long as risk is still on the dollar is still number one this now looks like a higher probability trade the further this goes and puts these guys into a bit more pain comes back this is where we want to get long that's the level cpr that is the level cpr trade everyone follow yeah exactly so the point in this before we move on to gold is that you want you want to avoid obvious trades yeah where traders are taking those trades yeah and also look at um understanding why you know those those those where those obvious trades failed traders and the added the added bonus to this was that we had a catalyst for why traders would have been getting short and that was because of the non-farm news so you know that traders in here this isn't just some sort of technical pattern traders would have been driven by the news etc so that's the setup right there uh let's have a look at gold so the last thing for today